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The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
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Thursday, June 28, 2007 Claymore Adds Another ETF to its Roster Another Claymore ETF began trading on the AMEX today. Claymore/Robeco Boston Partners Large-Cap Value ETF seeks to track, before fees and expenses, an equity index called the Robeco Boston Partners Large Cap Value Index. The index is comprised of approximately 100 to 300 equity securities and ADRs, selected from a universe of over 1,000 stocks, using a quantitative ranking methodology comprised of three factors: attractive valuation, positive momentum and favorable business fundamentals. The American Stock Exchange® (Amex®) today announced that it has launched trading in the Claymore/Robeco Boston Partners Large-Cap Value ETF (Amex: CLV) by Claymore Securities, Inc. (Claymore). CLV seeks to track, before fees and expenses, an equity index called the Robeco Boston Partners Large Cap Value Index. The Index is comprised of approximately 100 to 300 equity securities and ADRs, selected from a universe of over 1,000 stocks, using a quantitative ranking methodology comprised of three factors: attractive valuation, positive momentum and favorable business fundamentals. The securities in the Index are selected and weighted using a statistical model developed by Robeco Investment Management, Inc. “The Amex and Claymore remain committed to bringing a wide variety of options to investors and increasing the scope of the ETF marketplace,” said Scott Ebner, Senior Vice President of the Amex ETF Marketplace. “We are pleased to welcome CLV as Claymore’s 26th ETF listed on the Exchange.” Goldman Sachs Execution & Clearing, LP is the specialist for CLV. About the American Stock Exchange The American Stock Exchange® (Amex®) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRSSM. 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 327 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 www.amex.com. # # # Printed from: MFWire.com/story.asp?s=14912 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |