IndexIQ, a leading developer of liquid alternative investment solutions, announced an estimate of zero capital gains distributions for all of its Exchange-Traded Funds (ETFs) for 2013. In addition, both QAI and MCRO have had zero capital gain distributions for all five calendar years of their existence.
IndexIQ ETFs include the following (all tickers NYSEArca):
|QAI||IQ Hedge Multi-Strategy Tracker ETF|
|QMN||IQ Hedge Market Neutral Tracker ETF|
|MCRO||IQ Hedge Macro Tracker ETF|
|CPI||IQ Real Return ETF|
|GRES||IQ Global Resources ETF|
|MNA||IQ Merger Arbitrage ETF|
|CNDA||IQ Canada Small Cap ETF|
|KROO||IQ Australia Small Cap ETF|
|CROP||IQ Global Agribusiness Small Cap ETF|
|IOIL||IQ Global Oil Small Cap ETF|
|ROOF||IQ U.S. Real Estate Small Cap ETF|
IndexIQ believes that the tax advantages of ETFs are especially pronounced in its hedge fund replication products.