IndexIQ Rings Opening Bell at the New York Stock Exchange

Event marks completion of acquisition by New York Life Investment Management and recent launch of two new liquid alternative ETFs - QLS and QED
For the first time in history, investors can create their own hedge strategy using liquid, transparent, low cost and tax efficient ETFs.

NEW YORK, May 19, 2015 – IndexIQ, a leading developer of liquid alternative investment solutions, today marked the completion of its acquisition by New York Life Investment Management (NYLIM), [the third party global asset management business of New York Life,] and the recent launch of two new Exchange Traded Funds (ETFs) – the IQ Hedge Long/Short Tracker ETF (NYSE Arca: QLS) and the IQ Hedge Event-Driven Tracker ETF (NYSE Arca: QED) – by ringing the Opening Bell at the New York Stock Exchange.

“We’re delighted to be back at the NYSE to ring the Opening Bell,” said Adam Patti, chief executive officer at IndexIQ. “A lot has happened since the last time we were here – we have grown the company to more than $1.7 billion in assets, completed the sale to NYLIM, and started bringing new funds to the market. We look forward to continuing to work with NYLIM in building out our ETF family with funds that can play an important role in providing portfolio diversification for investors.”

Patti noted that with the introduction of QLS and QED to its family of liquid alternatives ETFs, IndexIQ now offers an ETF designed to track each of the four major hedge fund categories (Event-Driven, Equity Hedge or Long/Short, Market Neutral and Global Macro), allowing investors to effectively build their own hedge fund. If they want a one-stop shop they can invest in QAI, our Multi-Strategy Hedge ETF which combines 6 hedge fund strategies in one investment solution and has established itself as the S&P 500 of the hedge fund market with over $1bn in AUM.

Other exposures offered by IndexIQ have also been gaining significant traction in the investor marketplace, led by the IQ Merger Arbitrage ETF (NYSE Arca: MNA), which has more than quadrupled its asset size over the past 12 months, spurred by one of the most active deal-making climates of the past decade.

IndexIQ Indexes underlie a variety of investment products globally including ETFs, mutual funds, and institutional accounts. IndexIQ products are designed to be liquid, transparent, low cost,* and accessible to a broad range of investors, many of which are the first of their kind to be introduced to the market, including:

  • IQ Hedge Multi-Strategy Plus Fund (IQHIX – Institutional Share Class; IQHOX – Investor Share Class), the first open-end, no-load hedge fund replication mutual fund;
  • IQ Hedge Multi-Strategy Tracker ETF (NYSE Arca: QAI), the first US-listed hedge fund replication Exchange-Traded Fund;
  • IQ Hedge Market Neutral Tracker ETF (NYSE Arca: QMN)providing exposure to the market neutral hedge fund universe;
  • IQ Hedge Macro Tracker ETF (NYSE Arca: MCRO)the first Global Macro/Emerging Markets hedge fund replication ETF;
  • IQ Hedge Long/Short Tracker ETF (NYSE Arca: QLS), seeking investment results that correspond to the collective hedge funds pursuing a long/short strategy;
  • IQ Hedge Event-Driven Tracker ETF (NYSE Arca: QED), seeking investment results that correspond to the collective hedge funds pursuing an event driven strategy;
  • IQ Merger Arbitrage ETF (NYSE Arca: MNA), the first merger arbitrage ETF;
  • IQ Real Return ETF (NYSE Arca: CPI), the first US-listed “real return” ETF, which seeks to generate a real return above the rate of inflation as measured by changes in the Consumer Price Index;
  • IQ US Real Estate Small Cap ETF (NYSE Arca: ROOF), the first US Real Estate Small Cap ETF;
  • IQ Global Resources ETF (NYSE Arca: GRES), the first hedged global natural resources ETF;
  • IQ Global Agribusiness Small Cap ETF (NYSE Arca: CROP), the first agribusiness small cap ETF;
  • IQ Global Oil Small Cap ETF (NYSE Arca: IOIL), the first global oil small cap ETF;
  • IQ Canada Small Cap ETF (NYSE Arca: CNDA) the first Canada small cap ETF;
  • IQ Australia Small Cap ETF (NYSE Arca: KROO), the first Australia small cap ETF.

About IndexIQ

IndexIQ is a leading developer of index-based alternative investment solutions that combine the benefits of traditional index investing with the risk-adjusted return potential sought by active managers. The company’s philosophy is to democratize alternative investments by making our strategies available to investors in low cost, liquid and transparent products.* A pioneer in hedge fund replication, IndexIQ offers ETFs, SMAs and a Mutual Fund that seek to replicate hedge fund performance characteristics.

*Ordinary brokerage commissions apply. IndexIQ’s ETF holdings are available daily on IndexIQ’s web site. ETFs are liquid in that they are exchange traded.

Consider the Funds’ investment objectives, risks, and charges and expenses carefully before investing. The prospectus and the statement of additional information include this and other relevant information about the Funds and are available by visiting IQetfs.com or calling 888-934-0777. Read the prospectus carefully before investing

IndexIQ® is the indirect wholly owned subsidiary of New York Life Investment Management Holdings LLC. ALPS Distributors, Inc. (ALPS) is the principal underwriter of the ETFs. NYLIFE Distributors LLC is a distributor of the ETFs and the principal underwriter of the mutual fund. NYLIFE Distributors LLC is located at 169 Lackawanna Ave, Parsippany, NJ 07054. ALPS Distributors, Inc. is not affiliated with NYLIFE Distributors LLC. NYLIFE Distributors LLC is a Member FINRA/SIPC.

*IndexIQ’s ETF holdings are available daily on IndexIQ’s website. Brokerage commissions apply to ETFs. ETFs are liquid in that they are exchange-traded.

Index performance does not reflect charges and expenses associated with the Funds or brokerage commissions associated with buying and selling ETF shares. One cannot invest directly in an index.

The IQ Alpha Hedge Strategy Fund (IQ Fund), the IQ Hedge Multi-Strategy Tracker ETF (IQ Multi-Strategy ETF), the IQ Hedge Market Neutral Tracker ETF (QMN ETF), the IQ Hedge Long/Short Tracker ETF (QLS ETF), the IQ Hedge Event-Driven Tracker ETF (QED ETF), and the IQ Macro Tracker ETF (IQ Macro ETF) are not hedge funds and do not invest in hedge funds. The IQ Alpha Hedge Strategy Fund is a registered open-end mutual fund that invests in exchange-traded funds (ETFs) and similar securities in an attempt to replicate the performance characteristics of certain hedge fund investing styles, but with less cost, more liquidity, and greater portfolio transparency than traditional hedge funds. There can be no assurance that the Funds’ investment strategies will be successful. The investment performance of the IQ Multi-Strategy ETF, the QMN ETF, the IQ Macro ETF, the QLS ETF, the QED ETF, and the IQ Real Return ETF (collectively, the IQ ETFs), because they are funds of funds, depends on the investment performance of the underlying ETFs in which they invest. There is no guarantee that the IQ ETFs themselves, or each of the underlying ETFs in the Funds’ portfolios, will perform exactly as its underlying index. The IQ ETFs are non-diversified and susceptible to greater losses if a single portfolio investment declines than would a diversified mutual fund. The IQ ETFs’ underlying ETFs invest in: foreign securities, which subject them to risk of loss not typically associated with domestic markets, such as currency fluctuations and political uncertainty; commodities markets, which subject them to greater volatility than investments in traditional securities, such as stocks and bonds; and fixed income securities, which subject them to credit risk; the possibility that the issuer of a security will be unable to make interest payments and/or repay the principal on its debt; and interest rate risk; changes in the value of a fixed-income security resulting from changes in interest rates. Leverage, including borrowing, will cause some of the IQ ETF’s underlying ETFs to be more volatile than if the underlying ETFs had not been leveraged. The QMN ETF is new and has limited operating history.