Another day, another new ETF. Today, Claymore Securities launched the Claymore S&P Global Water Index ETF, an ETF designed to track the performance of the S&P Global Water Index.
The American Stock
Exchange(R) (Amex(R)) today announced that it has launched trading in the
Claymore S&P Global Water Index ETF (Symbol: CGW) by Claymore Securities,
Inc. (Claymore), the first ETF to track the performance of the global water
industry.
CGW seeks to track (before fees and expenses) the performance of the
S&P Global Water Index(R). The Index is comprised of 50 equity securities
selected from a universe of companies listed on global developed market
exchanges. The universe of companies includes all companies, as classified
by Standard & Poor's Industry Classifications, associated with the global
demand for water including water utilities, infrastructure, equipment,
instruments and materials. Companies included in the Index have market
capitalizations ranging from $250 million to $25 billion as defined by S&P.
"Claymore is a respected leader in providing investors with innovative
products for their portfolios," said Scott Ebner, Senior Vice President of
the Amex ETF Marketplace. "The Amex takes great pride in welcoming
Claymore's 21st ETF listing to the Exchange."
Goldman Sachs Execution & Clearing, LP is the specialist for CGW.
About the American Stock Exchange
The American Stock Exchange(R) (Amex(R)) offers trading across a full
range of equities, options and exchange traded funds (ETFs), including
structured products and HOLDRS(SM). In addition to its role as a national
equities market, the Amex is the pioneer of the ETF, responsible for
bringing the first domestic product to market in 1993. Leading the industry
in ETF listings, the Amex lists 309 ETFs to date. The Amex is also one of
the largest options exchanges in the U.S., trading options on broad-based
and sector indexes as well as domestic and foreign stocks. For more
information, please visit http://www.amex.com 
Edited by:
Erin Kello
Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE