IndexIQ’S IQ U.S. Real Estate Small Cap ETF Completes Transition to Track IQ CBRE NextGen Real Estate Index (Ticker: ROOF)
IndexIQ has announced that effective today, the IQ U.S. Real Estate Small Cap ETF (the “Fund”) has completed the transition to tracking the IQ CBRE NextGen Real Estate Index (the “New Underlying Index”) and has been renamed as the IQ CBRE NextGen Real Estate ETF. As part of the transition, the management fee has decreased from 0.69% to 0.60%.