IndexIQ ETFs Now Available on Schwab ETF OneSource™

IndexIQ announced today it is joining Schwab ETF OneSourceTM, which offers investors and advisors the most commission-free exchange-traded funds (ETFs) in the industry. Beginning today, Schwab clients can buy and sell five ETFs from IndexIQ’s industry leading family of liquid alternative ETFs with $0 online trade commissions and no early redemption fees or hidden costs.

The five IndexIQ ETFs now available are:

  • IQ Hedge Multi-Strategy Tracker ETF (NYSE Arca:QAI), the first US-listed hedge fund replication ETF;
  • IQ Hedge Market Neutral Tracker ETF (NYSE Arca:QMN) the first market neutral ETF;
  • IQ Merger Arbitrage ETF (NYSE Arca:MNA), the first merger arbitrage ETF;
  • IQ Global Resources ETF (NYSE Arca:GRES), the first hedged global natural resources ETF;
  • IQ Global Agribusiness Small Cap ETF (NYSE Arca:CROP), the first agribusiness small cap ETF.

“The demand for liquid alternatives has been growing rapidly over the past several years, a trend we expect will continue,” said Adam Patti, chief executive officer at IndexIQ. “We are delighted that Schwab has elected to make five of our funds available to investors and advisors through Schwab ETF OneSource.”

“IndexIQ has been a true leader in the liquid alternatives space since its inception, and this is a category where we are seeing growing demand from clients. We are pleased to add IndexIQ funds to our platform,” said Heather Fischer, Vice President of ETF Platform Management at Charles Schwab.

Today’s news is part of a significant expansion of Schwab ETF OneSource, which offers investors unparalleled choice for commission-free ETFs. Starting today, 182 ETFs from 13 ETF providers covering 65 Morningstar asset classes can be traded commission-free on the platform. Schwab ETF OneSource has been strongly embraced by investors since its launch in early 2013. As of August 31, 2014, Schwab ETF OneSource has $31 billion in assets under management and year-to-date flows into ETFs in the program were $5.9 billion, representing 45% of the total ETF flows at Schwab.

A complete list of Schwab ETF OneSource ETFs is available here.

About IndexIQ

IndexIQ is a leading issuer of liquid alternative investment solutions focused on absolute return, real asset and international strategies. IndexIQ solutions are offered as ETFs, Mutual Funds, Separate Accounts and Model Portfolios. IndexIQ’s philosophy is to democratize investment management by making innovative alternative investment strategies available to investors in low cost, liquid and transparent products.* Additional information about the company and its products can be found at www.IndexIQ.com.

About Schwab ETF OneSource

Schwab ETF OneSource offers investors and advisors access to the most commission-free ETFs anywhere in the industry1. Commission-free online trading is available to individual investors at Schwab, to the nearly 7,000 independent investment advisors who use Schwab’s custodial services and through Schwab retirement accounts that permit trading of ETFs.

Schwab offers a range of resources to help clients choose ETFs that fit their investment needs, including the Schwab ETF Select List™; tutorials, education, research and tools available via Schwab’s online ETF center and the ETF Education Exchange®; and live events at local Schwab branches.

About Charles Schwab

The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with more than 325 offices and 9.3 million active brokerage accounts, 1.4 million corporate retirement plan participants, 956,000 banking accounts, and $2.38 trillion in client assets as of July 31, 2014. Through its operating subsidiaries, the company provides a full range of securities brokerage, banking, money management and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, www.sipc.org), and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at www.schwab.com and www.aboutschwab.com.

1 Conditions Apply: Trades in ETFs available through Schwab ETF OneSource™ (including Schwab ETFs™) are available without commissions when placed online in a Schwab account. Service charges apply for trade orders placed through a broker ($25) or by automated phone ($5). An exchange processing fee applies to sell transactions. Certain types of Schwab ETF OneSource transactions are not eligible for the commission waiver, such as short sells and buys to cover (not including Schwab ETFs). Schwab reserves the right to change the ETFs we make available without commissions. All ETFs are subject to management fees and expenses. Please see Charles Schwab Pricing Guide for additional information.

*IndexIQ’s ETF holdings are available daily on IndexIQ’s website. Brokerage commissions apply to ETFs. ETFs are liquid in that they are exchange-traded.

Investors are reminded that all investing involves risk, including possible loss of principal. Consider the Funds’ investment objectives, risks, charges and expenses carefully before investing. A prospectus with this and other information about the Funds may be obtained by visiting www.indexiq.com or by calling (888) 934-0777. Read the prospectus carefully before investing.

IndexIQ funds are distributed by ALPS Distributors, Inc., which is not affiliated with IndexIQ or the Charles Schwab Corporation. IndexIQ funds do not hold SCHW as of September 1, 2014.

IDX001560.090115

Contacts:

MacMillan Communications
Mike MacMillan/Chris Sullivan
212-473-4442
mike@macmillancom.com

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.