WRND Profile
The IQ Global Equity R&D Leaders ETF is designed to offer investors exposure to companies globally that are leaders in research and development (R&D) spending. The fund tracks an index that identifies firms demonstrating significant investment in R&D, which is often indicative of innovation and long-term growth potential. By focusing on high R&D expenditure, the ETF targets companies that are at the forefront of technological advancement and innovation across various sectors and regions.
Under normal market conditions, the fund invests at least 80% of its net assets, including any borrowings for investment purposes, in the securities that constitute its underlying index. This index is comprised of equities from companies that allocate a substantial portion of their revenue to R&D activities, reflecting their commitment to innovation. The funds strategy aims to capture the performance of these high-investment companies, providing investors with a focused exposure to the global innovation landscape.
The ETF is structured to be non-diversified, concentrating its investments in a select group of high R&D spenders. This concentrated approach allows the fund to align closely with its index, which is specifically designed to include companies demonstrating robust and sustainable investment in research and development. The emphasis on R&D leaders helps investors gain targeted exposure to firms that are likely to drive future technological advancements and economic growth.
Managed by IndexIQ Advisors LLC, the IQ Global Equity R&D Leaders ETF leverages the firms expertise in identifying and investing in innovative companies worldwide. The funds focus on R&D spending as a key investment criterion underscores its commitment to capturing the growth potential associated with technological and scientific advancements. By prioritizing firms with high R&D investments, the ETF aims to deliver attractive long-term returns driven by global innovation trends.
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