NYLI Hedge Multi-Strategy Tracker ETF (QAI)

NYLI Hedge Multi-Strategy Tracker ETF (QAI) is an exchange-traded fund in the Multistrategy category. It has $998.94M in assets, an expense ratio of 0.81% and a 1.40% dividend yield. The fund is a “fund of funds” which means it will invest, under normal circumstances, at least 80% of its assets, (net assets plus the amount of any borrowings for investment purposes) in the investments included in its underlying index, which includes underlying funds. The Advisor is the index provider for the underlying index.