INDEXIQ ETF TRUST
INDEXIQ ACTIVE ETF TRUST
(the “Trusts,” and each series of the Trusts, a “Fund” and collectively, the “Funds”)
Supplement dated June 10, 2024, to each Fund’s Summary Prospectus, Prospectus and
Statement of Additional Information (“SAI”), as supplemented
Capitalized terms and certain other terms used in this Supplement, unless otherwise defined in this Supplement, have the meanings assigned to them in the Summary Prospectus, Prospectus and SAI.
The Board of Trustees of the Trusts approved the following changes that will take effect on or about August 28, 2024.
1. | The name of the IndexIQ ETF Trust will change to New York Life Investments ETF Trust. |
2. | The name of the IndexIQ Active ETF Trust will change to New York Life Investments Active ETF Trust. |
3. | The names of all of the Funds in each Trust will change as follows: |
Current Fund Name | New Fund Name |
IQ Hedge Multi-Strategy Tracker ETF | NYLI Hedge Multi-Strategy Tracker ETF |
IQ Merger Arbitrage ETF | NYLI Merger Arbitrage ETF |
IQ 500 International ETF | NYLI 500 International ETF |
IQ Candriam International Equity ETF | NYLI Candriam International Equity ETF |
IQ Candriam U.S. Mid Cap Equity ETF | NYLI Candriam U.S. Mid Cap Equity ETF |
IQ Candriam U.S. Large Cap Equity ETF | NYLI Candriam U.S. Large Cap Equity ETF |
IQ CBRE NextGen Real Estate ETF | NYLI CBRE NextGen Real Estate ETF |
IQ FTSE International Equity Currency Neutral ETF | NYLI FTSE International Equity Currency Neutral ETF |
IQ U.S. Large Cap R&D Leaders ETF | NYLI U.S. Large Cap R&D Leaders ETF |
IQ Global Equity R&D Leaders ETF | NYLI Global Equity R&D Leaders ETF |
IQ Clean Oceans ETF | NYLI Clean Oceans ETF |
IQ Cleaner Transport ETF | NYLI Cleaner Transport ETF |
IQ Engender Equality ETF | NYLI Engender Equality ETF |
IQ Healthy Hearts ETF | NYLI Healthy Hearts ETF |
IQ MacKay ESG Core Plus Bond ETF | NYLI MacKay ESG Core Plus Bond ETF |
IQ MacKay ESG High Income ETF | NYLI MacKay ESG High Income ETF |
IQ MacKay Municipal Insured ETF | NYLI MacKay Muni Insured ETF |
IQ MacKay Municipal Intermediate ETF | NYLI MacKay Muni Intermediate ETF |
IQ MacKay California Municipal Intermediate ETF | NYLI MacKay California Muni Intermediate ETF |
IQ MacKay Securitized Income ETF | NYLI MacKay Securitized Income ETF |
IQ CBRE Real Assets ETF | NYLI CBRE Real Assets ETF |
IQ Winslow Large Cap Growth ETF | NYLI Winslow Large Cap Growth ETF |
IQ Winslow Focused Large Cap Growth ETF | NYLI Winslow Focused Large Cap Growth ETF |
4. | The investment management services provided by IndexIQ Advisors LLC (“IndexIQ Advisors”), an indirect, wholly owned subsidiary of New York Life Insurance Company (“NYL”), will be transferred to New York Life Investment Management LLC (“NYLIM”), which is also an indirect, wholly owned subsidiary of NYL. NYLIM will assume the duties and obligations of IndexIQ Advisors under the investment advisory agreement and the personnel at IndexIQ Advisors, who currently provide investment services to the Funds, will continue to provide the same investment management services to the Funds through NYLIM. In connection with this transfer, NYLIM will replace IndexIQ Advisors as the investment advisor to the Funds and as a party to the investment advisory agreement with the Funds. This transfer will not result in a change in actual control or management of the Funds’ investment advisor and the transfer does not constitute an “assignment” of the investment advisory agreement for purposes of the Investment Company Act of 1940. Additionally, NYLIM will also replace IndexIQ LLC as the index provider for all indexes currently developed and maintained by IndexIQ LLC and the index names will change as follows: |
Current Index Name | New Index Name |
IQ Hedge Multi-Strategy Index | NYLI Hedge Multi-Strategy Index |
IQ Merger Arbitrage Index | NYLI Merger Arbitrage Index |
IQ 500 International Index | NYLI 500 International Index |
IQ Candriam International Equity Index | NYLI Candriam International Equity Index |
IQ Candriam U.S. Mid Cap Equity Index | NYLI Candriam U.S. Mid Cap Equity Index |
IQ Candriam U.S. Large Cap Equity Index | NYLI Candriam U.S. Large Cap Equity Index |
IQ CBRE NextGen Real Estate Index | NYLI CBRE NextGen Real Estate Index |
IQ U.S. Large Cap R&D Leaders Index | NYLI U.S. Large Cap R&D Leaders Index |
IQ Global Equity R&D Leaders Index | NYLI Global Equity R&D Leaders Index |
IQ Candriam Clean Oceans Index | NYLI Candriam Clean Oceans Index |
IQ Candriam Cleaner Transport Index | NYLI Candriam Cleaner Transport Index |
IQ Candriam Healthy Hearts Index | NYLI Candriam Healthy Hearts Index |
If you have any questions, please call (888) 474-7725 or visit newyorklifeinvestments.com/etf.
Investors Should Retain This Supplement For Future Reference
ME16r-06/24