IndexIQ Announces Changes to IQ Fund Lineup

NEW YORK--()--IndexIQ today announced that it will de-list and liquidate the IQ Enhanced Core Bond U.S. ETF (AGGE) based on an ongoing review of its product lineup and commitment to meeting the evolving needs of its clients.

The last day AGGE shares will be listed on the NYSE Arca, Inc. and the last day that the shares will trade in the secondary market at market prices is February 4, 2020. Creations and redemptions will be accepted until that time. Proceeds of the liquidations are expected to be sent to shareholders of record on or about February 11, 2020.

About IndexIQ
IndexIQ, a New York Life Investments Company, is a provider of exchange-traded funds (ETFs), with a decade of offering highly differentiated and innovative solutions to retail and institutional investors. With $3.6 billion in assets under management as of September 30, 2019, IndexIQ leverages the asset management capabilities of New York Life Investments’ multi-boutique platform into its suite of offerings which include: fixed income, equities, alternatives and specialty asset classes.

For additional information on IndexIQ, visit IQetfs.com | Twitter | LinkedIn

All investments are subject to risk and will fluctuate in value.

Consider the Funds' investment objectives, risks, charges and expenses carefully before investing. The prospectus and the statement of additional information include this and other relevant information about the Funds and are available by visiting IQetfs.com or calling (888) 474-7725. Read the prospectus carefully before investing.

IndexIQ® is an indirect wholly owned subsidiary of New York Life Investment Management Holdings LLC and serves as the advisor to the IndexIQ ETFs. ALPS Distributors, Inc. (ALPS) is the principal underwriter of the ETFs, and NYLIFE Distributors LLC is a distributor of the ETFs. NYLIFE Distributors LLC is located at 30 Hudson Street, Jersey City, NJ 07302. ALPS Distributors, Inc. is not affiliated with NYLIFE Distributors LLC. “New York Life Investments” is both a service mark, and the common trade name, of the investment advisors affiliated with New York Life Insurance Company.

Contacts

Netanel Spero
New York Life Insurance
(212) 576-3814
netanel_d_spero@newyorklife.com

Chris Sullivan/Julia Stoll
MacMillan Communications
(212) 473-4442
chris@macmillancom.com

Release Summary

IndexIQ is announcing that it will de-list and liquidate the IQ Enhanced Core Bond U.S. ETF (AGGE). Last day of trading will be February 4, 2020.

Contacts

Netanel Spero
New York Life Insurance
(212) 576-3814
netanel_d_spero@newyorklife.com

Chris Sullivan/Julia Stoll
MacMillan Communications
(212) 473-4442
chris@macmillancom.com