In today's Wall Street Journal Fund Track, John Spence takes a look at IndexIQ's IQ Merger Arbitrage ETF (MNA) [see profile] .

Spence notes that the product has thus far received "a lukewarm reception in the market, but a burst of deal activity may invite some investors to take a closer look."

The ETF has been around since last November and currently has less than $30 million of AUM.

The article also carries quotes from IndexIQ CEO Adam Patti.  

Edited by: Hung Tran


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