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Article: IndexIQ Launches First No-Load Open-End Mutual Fund Designed to Replicate Hedge Fund Performance Characteristics.
- Article from:
- Business Wire
- Article date:
- July 1, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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IQ Alpha Hedge Strategy Fund brings hedge fund-style investing to retail investors in a no-load fund that seeks hedge fund performance with lower costs, higher transparency and increased liquidity
NEW YORK -- The first no-load open-end mutual fund based on hedge fund replication designed to give investors access to hedge fund-like performance characteristics was introduced today by IndexIQ (www.indexiq.com). The IQ Alpha Hedge Strategy Fund uses a proprietary investment process to synthesize the risk and return profiles of a broad range of hedge fund investing strategies, striving to deliver hedge fund-like performance in a low cost, transparent, and highly liquid ...