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Rating:Claymore Unveils Three ETFs Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, March 09, 2010

Claymore Unveils Three ETFs

Reported by Stephanie Bernhard

Claymore Advisors, LLC today rolled out three ETFs tracking broad U.S. equities. The Wilshire 5000 Total Market ETF, the Wilshire 4500 Completion ETF, and the Wilshire U.S. Real Estate Investment Trust ETF are all designed to give pure exposure to various markets without artificial parameters. All three track the indices for which they are named.

William Belden, managing director at the Illinois-based firm, stated that the new offerings would "help round out the product line and further appeal to advisors."

Claymore Advisors serves as investment adviser, and Claymore's parent company, Santa Monica based-Guggenheim Partners Asset Management, LLC serves as sub-advisor to the funds. Claymore Securities is the distributor for the funds. Bank of New York Mellon serves as both custodian and transfer agent for the funds.

Chicago-based Ernst & Young LLP serves as the funds' independent registered public accounting firm. New York based-Dechert LLP provides legal counsel. 

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