Rye Brook, NY-based IndexIQ is currently prepping a pair of index funds to add to its growing list of index exchange-traded funds.
According to a regulatory
The Fastest Growing Companies ETF will track the IQ Fastest Growing Companies Index, which encompass companies with market capitalizations between $1.5 billion and $580 billion as of December 31, 2012. The Innovation Leaders ETF will track the IQ Innovation Leaders Index, which is made up if companies with market capitalizations ranging from $350 million to approximately $235 billion as of the end of December 2012.
Julie Abbett will serve as the portfolio manager of both funds.
A spokesman for the firm was not immediately available for comment on the new offerings.
