CSMA (Credit Suisse Merger Arbitrage Liquid Index) and MNA are both, as their names suggest, aimed at delivering a merger arbitrage strategy to investors.
Other funds in the space currently are ALT (iShares Diversified Alternatives Trust), CSLS (Credit Suisse Long/Short Liquid Index), HDG (ProShares Hedge Replication ETF), RLY (SPDR Multi-Asset Real Return), RRF (WisdomTree Global Real Return Fund), ALFA (AlphaClone Hedge Fund Long/Short Index), and QEH (AdvisorShares QAM Equity Hedge).
IQ Hedge Multi-Strategy Tracker
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