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 $1.02B in assets, an expense ratio of 0.88% and a 1.38% dividend yield. The fund is a "fund of funds" which means it invests, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index, which includes underlying funds. The underlying index consists of a number of components ("underlying index Components") selected in accordance with its rules-based methodology of such underlying index.