IndexIQ grants access to investment solutions that were once out of reach for most investors. In particular, IndexIQ was the first to offer liquid alternative ETFs, democratizing the alternatives asset class, which was an asset class that was once only available to institutional, high net worth and sophisticated investors.
Active management is the use of a human element, such as a single manager, co-managers or a team of managers, to actively manage a fund’s portfolio. Active management strategies typically have higher fees than passive management.
Beta is a measure of historical volatility relative to an appropriate index (benchmark) based on its investment objective. A beta greater than 1.00 indicates volatility greater than the benchmark's.