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Hedge Fund-Like ETF Slices Up World

Stock quotes in this article: MCRO , EEM , SHY , LQD , SRS  

IndexIQ has impeccable (market) timing: The company is starting to sell its second exchange traded fund that holds other ETFs.

The IQ Hedge Macro Strategy Tracker ETF(MCRO Quote) is aimed at replicating and providing hedge fund strategies in an exchange traded product. The IQ Hedge Macro Strategy Tracker ETF will target global macro strategies and emerging markets.

IndexIQ envisions the IQ Hedge Macro Strategy Tracker for use in conjunction with standard emerging market exposure. IndexIQ compares the ETF to the iShares Emerging Market Index Fund(EEM Quote) in its documents. ...

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