IndexIQ has expanded its IQ series of 16 funds with the IQ Global Alternatives ETF Model Portfolio. The investment vehicle uses liquid, transparent, low-cost alternative exchange-traded funds to achieve diversification, growth of capital and low volatility.

This includes investing in multiple hedge fund investing styles, including long/short equity, global macro, market neutral, event-driven, fixed income arbitrage and emerging markets hedge. It will also invest in domestic, international and emerging market equities, bonds, commodities, currencies and real estate.

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