ETF to Track Global Macro, Emerging Market Hedge Fund Strategies

IndexIQ has introduced an exchange-traded fund that will seek to replicate global macro and emerging markets hedge fund strategies.

The IQ Hedge Macro Tracker ETF will track the IQ Hedge Fund Macro Index, employing a top-down approach to identifying market inefficiencies and dislocations in stocks, bonds, commodities and currencies.

The fund “offers access to two strategies that historically have performed well after significant market dislocations,” said Anthony B. Davidow, executive vice president and head of distribution at IndexIQ. “Investors have been seeking an efficient way of accessing the two strategies.”