IndexIQ Reduces Fees For IQ Hedge Multi-Strategy Tracker ETF (QAI)

RYE BROOK, N.Y., Oct. 23, 2017 /PRNewswire/ -- IndexIQ is waiving a portion of the management fee for its $1 billion IQ Hedge Multi-Strategy Tracker ETF (NYSE Arca: QAI) to reduce the fee by 29% to 53 basis points, a 22-basis point reduction.[1] Including acquired fund fees, the total...