I IndexIQ

IndexIQ is a pioneer and leading provider of innovative ETF solutions focused on liquid alternatives, fixed income, international, factor-investing, and real asset strategies. Our philosophy is to democratize investment management by providing all investors with cost-effective access to the types of high-quality, sophisticated investment products that typically have been reserved for institutional and ultra high-net-worth investors. IndexIQ's smart solutions for building better portfolios bridge the gap between active and passive and are low cost, tax-efficient, liquid, and transparent. All investments are subject to risk & will fluctuate in value. For more info about MainStay Funds,® call 800-MAINSTAY (624-6782) for a prospectus or summary prospectus. For more information about IndexIQ® funds, call 888-934-0777 for a prospectus or summary prospectus. Investors are asked to consider the objectives, risks, & charges & expenses of the investment carefully before investing. The prospectus or summary prospectus contains this & other information about the investment company. Please read the prospectus or summary prospectus carefully before investing. MainStay Investments® is a registered service mark & name under which New York Life Investment Management LLC does business. MainStay Investments, an indirect subsidiary of New York Life Insurance Company, New York, NY 10010, provides investment advisory products and services. IndexIQ® is the indirect wholly owned subsidiary of New York Life Investment Management Holdings LLC. ALPS Distributors, Inc. (ALPS) is the principal underwriter of the ETFs. NYLIFE Distributors LLC is a distributor of the ETFs & the principal underwriter of the IQ Hedge Multi-Strategy Plus Fund. NYLIFE Distributors LLC is located at 30 Hudson Street, Jersey City, NJ 07302. ALPS Distributors, Inc. is not affiliated with NYLIFE Distributors LLC. NYLIFE Distributors LLC is a Member FINRA/SIPC.