IQ Hedge Macro Index

The IQ Hedge Macro Index seeks to replicate the risk-adjusted return characteristics of a combination of hedge funds pursuing a macro strategy and hedge funds pursuing an emerging markets strategy.

IQ HEDGE MACRO INDEX

The performance data quoted above represents past performance. Past performance is not a guarantee of future results. Actual results may differ and the performance may be lower or higher than performance data quoted. Index performance is for illustrative purposes only and does not represent actual Fund performance. One cannot invest directly in an index. Index performance information prior to September 15, 2008 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 and is net of the management fees for the Index's components, as applicable, but it does not reflect management fees, transaction costs or other expenses that you would pay if you invested in the Fund directly. Results prior to an Index component's existence as an ETF are based on its underlying index, which do not reflect underlying management fees.

The IQ Hedge Macro Index is comprised solely of ETFs. The Index does not include hedge funds as components. Hypothetical returns presented are net of underlying ETF fees, but do not reflect the deduction of management fees, taxes and other expenses. The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure equity market performance of emerging markets (performance data assumes reinvestment of dividends, but it does not reflect management fees, transaction costs or other expenses). The "CS/Tremont Blue Chip Index GM" is the Credit Suisse/Tremont Blue Chip Index Global Macro, which is comprised of hedge funds implementing a global macro hedge fund investment style (performance data is net of underlying manager fees and calculation fees). The "CS/Tremont Blue Chip Index EM" is the Credit Suisse/Tremont Blue Chip Index Emerging Markets, which is comprised of hedge funds implementing an emerging markets hedge fund investment style (performance data is net of underlying manager fees and calculation fees). The IQ Hedge Macro 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.

The material contained on this website is for general information purposes only and is based on information that is considered to be reliable, but IndexIQ and its related entities (collectively "IndexIQ") make this information available on an "as is" basis and make no warranties, express or implied regarding the accuracy of the information contained herein, for any particular purpose. IndexIQ, its affiliates and its independent providers are not liable for any information errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. Nothing contained on this website is intended to constitute legal, tax, securities, financial or investment advice, nor an opinion regarding the appropriateness of any investment. The information herein should not be acted upon without obtaining specific legal, tax or investment advice from a licensed professional.

Top Holdings(as of 03/11/2010)