IQ Hedge Multi-Strategy Tracker ETF (QAI) Tops $1 Billion in Assets

RYE BROOK, N.Y.--(BUSINESS WIRE)--The IQ Hedge Multi-Strategy Tracker ETF (NYSE Arca: QAI), the first liquid alternative exchange-traded fund (ETF), topped $1 billion in assets, it was announced by the fund’s sponsor, IndexIQ, a leading developer of liquid alternative investment solutions. QAI, which marked its five year anniversary in March, is the largest fund in its category and anchors IndexIQ’s growing family of liquid alternative solutions that includes ETFs, mutual funds, separate accounts and model portfolios.