This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

IndexIQ’s IQ Global Resources ETF (GRES) Receives 5-Star Overall Morningstar RatingTM

The IndexIQ Global Resources ETF (GRES), the first global resources hedged Exchange-Traded Fund, has received a 5-Star Overall Morningstar Rating TM and a 5-Star Three-Year Morningstar Rating TM as of November 30, 2012 out of 22 funds in the Natural Resources category, it was announced today.

Introduced on October 27, 2009, GRES is the broadest commodities and natural resources ETF, including: livestock; precious metals; grains, food and fiber; energy; industrial metals; plus timber, water, and coal. It is based on an index with over five years of live history, designed to reweight its allocations to individual commodity sectors monthly. The fund is diversified both geographically and by sector. We believe GRES offers a unique and market proven methodology and has been among the highest performing ETFs in the commodities and natural resources category during its more than three years of live history, as well as exhibiting among the lowest levels of volatility in its category.

“The last three years have seen tremendous growth in demand for commodities worldwide,” said Adam S. Patti, chief executive officer at IndexIQ. “GRES was introduced into this market to help investors achieve broad exposure to this asset class through a single ETF with a globally diversified portfolio of holdings. The fund offers wide ranging commodities exposure in tandem with the benefits of an Exchange-Traded Fund – liquidity, transparency, and low cost when compared to traditional commodities-oriented hedge fund vehicles.”

As of September 30, 2012, weightings in the fund included Grains, Food & Fiber (27.3 percent): Timber and Livestock (approximately 22 percent each); Industrial Metals (19.4 percent); Water (9.52 percent); Coal (18.71 percent); Precious Metals (3.43 percent); and Energy (3.08 percent). The fund had an Equity Market Hedge (short) position of -25.77 percent as of that date.

As of November 30, 2012, the Fund has performed as follows:
As of November 30, 2012 As of September 30, 2012  
1 Month   3 Month   YTD   1 Year   3 Year   Since Fund Inception*   Since Index Inception*   1 Year   Since Fund Inception*   Since Index Inception*   Inception Date
GRES                 10/27/2009
Share Price 1.37% 6.95% 5.92% 2.11% 6.47% 6.74% 6.99% 5.51%
NAV 1.57% 6.94% 5.95% 3.01% 6.51% 6.81% 6.83% 5.77%
Index - IQGREST 1.52%   7.12%   7.50%   4.56%   7.59%   7.99%   2.31%   9.15%   7.06%   1.60%   10/31/2007

The performance data quoted above represents past performance. Past performance is not a guarantee of future results. Investment return and value of the Fund shares will fluctuate so that an investor’s shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than performance data quoted. Fund returns reflect dividends and capital gains distributions. Fund performance current to the most recent month-end is available by calling 1-888-934-0777 or by visiting . The total expense ratio of the Fund is 0.75%.

For 2012, IndexIQ anticipates that holders of GRES will have zero capital gains exposure through the fund.

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.02 0.00%
FB $104.07 0.00%
GOOG $683.57 0.00%
TSLA $162.60 0.00%
YHOO $27.97 0.00%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs