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    Today is Sunday, March 21, 2010 at 
    - Countdown to Market Close:

    – The second hedge fund replication from IndexIQ began trading on Tuesday (6/09/09). According to the press release, the IQ Hedge Macro Tracker (MCRO) seeks to deliver risk-adjusted return characteristics similar to macro and style .

    IndexIQ maintains representing seven separate . Their first , the IQ Hedge Multi-Strategy Tracker (QAI), was launched on and is a composite of all seven underlying strategies.

    The new MCRO is designed to track two of the underlying strategies: the IQ Hedge Index and the IQ Hedge Emerging Markets Index. The allocation to each strategy will change over time using a rules-based .

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