IQ 500 Index

The IQ 500 Index identifies U.S. companies that enjoy a strong economic footprint and, at the same time, are able to maintain their long-term competitive positioning. The combination of these factors results in companies that are poised to drive improved operational performance and sustainable, long-term equity appreciation with low volatility and low turnover.

The performance data quoted above represents past performance. Past performance is not a guarantee of future results. Performance may be lower or higher than performance data quoted. Index performance is for illustrative purposes only. One cannot invest directly in an index. Index performance information prior to its publication date of August 16, 2007 is based on a hypothetical back test based on calculations of what would have been the exposure and returns of the Index had it existed at that time, which has inherent limitations. Performance data for the Index assumes reinvestment of dividends, but it does not reflect management fees, transaction costs or other expenses that you would pay if you invested in a fund directly. The S&P 500 Index is a broad-based unmanaged index of 500 stocks, which is designed to represent the equity market in general (performance data assumes reinvestment of dividends, but it does not reflect management fees, transaction costs or other expenses). The Index is the exclusive property of IndexIQ which has contracted with Standard & Poor's ("S&P") to maintain and calculate the Index. S&P shall have no liability for any errors or omissions in calculating the Index.

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