The IQ Leaders GTAA Tracker ETF (QGTA) aims to replicate the price and yield performance of its benchmark, the IQ Leaders GTAA Index. This ETF operates as a "fund of funds," meaning it typically invests a minimum of 80% of its net assets, combined with any borrowed funds for investment, directly into the underlying funds that make up its index. The index itself is designed to track the performance of ten highly-rated global allocation mutual funds, selected annually by IndexIQ. This selection process follows a rules-based methodology that evaluates funds based on their performance history and overall asset size; these are collectively referred to as "Selected Global Allocation Funds.