- What are the top holdings of MNA?
- NYLI Merger Arbitrage ETF holds 68 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does MNA have?
- MNA holds 68 positions as reported by the fund's most recent disclosure.
- What sectors does MNA invest in?
- NYLI Merger Arbitrage ETF (MNA) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is MNA most exposed to?
- MNA's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is MNA a US-only fund?
- The country allocation card on this page shows MNA's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does MNA invest in?
- The NYLI Merger Arbitrage ETF (MNA) is designed to replicate the price and yield performance of its benchmark, the NYLI Merger Arbitrage Index, prior to accounting for fund expenses. The Index itself aims for capital appreciation by strategically investing in companies worldwide that have publicly announced an acquisition offer. This distinct, passive methodology involves owning shares in these identified takeover targets, with the objective of generating returns characteristic of global merger arbitrage operations. Furthermore, in transactions involving an exchange of stock, the Index includes a short position in the acquirer's shares anticipated to be received by the target company's stockholders.
