Credit Suisse Merger Arbitrage Liquid Index ETN

• Take Advantage of Merger Arb the Easy Way

  By Mike Thiessen - January 18, 2013 | Tickers: CSMA, MNA

  On December 13, 2012, ProShares launched the ProShares Merger ETF (NYSEMKT: MRGR) to much fanfare. MRGR is the first ETF designed specifically to capture the S&P 500's Merger Arbitrage Index's performance while reducing the risk associated with investing in its individual components. The ETF's stated goal is to mirror the performance of this index before accounting for overhead expenses and fees. It will deal primarily in more »

• Hedge-Fund-Strategy ETFs Reconsidered

  By Brad Hessel - April 20, 2012 | Tickers: CPI, CSLS, CSMA, QAI, ALT

  Given the historical success of hedge funds—according to Greenwich Alternative Investments, who have been tracking hedge fund performance since 1988, the average hedge fund has a compounded annual growth rate of 13% over the past 23 years, as compared to 7% for the S&P 500—it is no wonder that the purveyors of exchange-traded funds (“ETFs”) have contrived to design offerings pegged to various hedge fund strategies. Last more »