IndexIQ, a New York Life Investments company, has launched its newest exchange-traded fund, the IQ CBRE Real Assets ETF (IQRA).
IQRA, a fully transparent, actively managed fund subadvised by CBRE Investment Management Listed Real Assets, seeks to provide total return, through capital growth and current income via a diversified portfolio of core real assets securities.
CBRE IM’s global listed real assets investment team will seek to add value through active positioning at the sector and stock level. The portfolio will seek to invest in global real estate and infrastructure common equity securities that provide exposure to essential assets across traditional and next-generation sectors that may benefit from secular and cyclical investment themes.
“Real assets, such as real estate and infrastructure, can play a meaningful role in portfolios, particularly in an environment with rising rates, continued volatility and inflation,” said Sal Bruno, CIO of IndexIQ.