About IQ Merger Arbitrage ETF (MNA)

The IQ Merger Arbitrage ETF (MNA) seeks to provide capital appreciation by investing in global companies involved in announced merger and acquisition (M&A) deals. The fund takes advantage of price discrepancies between the stock price of the target company and the announced deal price. By investing in these companies, the fund aims to capture the potential gains from successful mergers.

MNA has a unique strategy that focuses on merger arbitrage opportunities. It aims to generate positive returns regardless of market conditions, as the fund's performance is driven by the success of individual M&A deals. The strategy involves buying shares of target companies after a merger is announced and selling them once the deal is completed. This approach allows the fund to take advantage of the potential price increase as the deal progresses.