Fund Description: IQ Global Resources ETF, formerly the IQ ARB Global Resources ETF, is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the IndexIQ ETF Trust, an investment management company. INVESTMENT OBJECTIVE: IQ Global Resources ETF seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of the IQ Global Resources Index. INDEX DESCRIPTION: The IQ Global Resources Index seeks to track Indexes which incorporate arbitrage investment strategies into their rules-based processes, meaning they break down market segments into specific sub-segments and re-weight the sub-segments on a monthly basis using certain pre-determined criteria. Index’s objective is to employ a systematic investment process designed to identify opportunities in markets exhibiting trending or momentum characteristics across commodity asset classes, represented by companies that operate in commodity-specific market segments and whose equity securities trade in developed markets, including the U.S. The Index uses a quantitative process that focuses on patterns in the returns of various stocks grouped together into different commodity segments based on their primary line of business. These segments include Livestock; Precious Metals; Grains, Food and Fiber; Energy; Metals; Timber; Coal; and Water. The Index first identifies companies that are engaged primarily in business activities consistent with each of these several commodity segments, as determined by Standard Industrial Classification (“SIC”) code classifications. Based on certain liquidity criteria, the list of eligible index components is narrowed to include a smaller group of qualified companies, segmented based on the respective commodity sub-sets in which they operate. From this smaller universe of companies, a constrained market capitalization-weighted group of Index Components is constructed, with position sizes affected by price momentum and other fundamental factors. In addition, the Index includes short exposure to the U.S. and non-U.S. equity markets, effected through a long position in inverse and/or ultra inverse ETFs, in order to isolate, at least in part, the commodity-related attributes of the Index from the general equity market exposure of the Index. FUND STRATEGY: The Fund employs a passive management or indexing investment approach designed to track the performance of the Index. The Fund invests primarily in the components that make up the Index. The Fund invests, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its Index. In addition, the Fund may invest up to 20% of its net assets in investments not included in its Index. Furthermore, the Fund may invest in one or more financial instruments, including but not limited to futures contracts, swap agreements and forward contracts, reverse repurchase agreements, and options on securities, indices and futures contracts. Alternatively, the Fund may buy or sell futures contracts to replicate exposures to the Index Components. The Fund may use a Representative Sampling strategy in seeking to track the performance of its Index by generally investing in a sample of its Index. FUND MANAGEMENT: The Board of Trustees of the IndexIQ ETF Trust is responsible for the general supervision of the Fund. IndexIQ Advisors LLC is the investment advisor to the Fund.