Printer Friendly
The Free Library
19,573,962 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Claymore Securities Announces the Launch of Five New ETFs.


LISLE, Ill. -- Five ETF ETF

See Exchange Traded Fund.


ETF

See exchange-traded fund (ETF).
 Industry Firsts

Claymore Securities, Inc., announced the launch of Claymore ETFs, starting with five exchange-traded funds (ETFs) that began trading today on the American Stock Exchange American Stock Exchange (AMEX)

Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921.
. The five Claymore ETFs each represent a first for ETFs including the first BRIC BRIC Brazil, Russia, India and China (world affairs)
BRIC Brooklyn Information & Culture
BRIC Biological Research Information Center (Korea)
BRIC Benign Recurrent Intrahepatic Cholestasis
 ETF, the first distribution-optimized ETF (meaning the combination of lower-correlated asset classes and vehicles designed to identify securities with potentially high current income), the first sector rotation Sector Rotation

The action of a mutual fund or portfolio manager shifting investment assets from one sector of the economy to another.

Notes:
Not all sectors of the economy perform well at the same time.
 ETF, the first insider behavior ETF and the first neglected stock ETF.

"Based upon extensive input from our broad network of distribution partners, we have developed Claymore ETFs to widen the opportunity set for financial advisors, institutions and individual investors with access to a range of unique investment strategies that can be used to help enhance portfolio opportunities," said David. C. Hooten, Chairman and Chief Executive Officer, Claymore Securities. "In developing our line of ETFs, we are extremely proud to be partnering with The Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation. , Zacks Investment Research Zacks Investment Research

A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms.
 and Sabrient Systems -- three extremely innovative index providers."

The new Claymore ETFs include:

Claymore/BNY BRIC ETF (Brazil, Russia, India, China) (AMEX AMEX

See: American Stock Exchange
:EEB EEB European Environmental Bureau
EEB Encefalopatía Espongiforme Bovina (Spanish: Bovine Spongiform Encephalopathy)
EEB Entry-Level Electronics Bay (computer hardware) 
)

--The Claymore/BNY BRIC ETF is the first ETF to offer exposure to the most dynamic of the emerging market countries. This ETF seeks investment results that correspond generally to the performance, before the Fund's fees and expenses, of The Bank of New York BRIC Select ADR Index ADR Index

A market-capitalization-weighted index that tracks all depositary receipts traded on the New York Stock Exchange, the American Stock Exchange, and Nasdaq.
 which is comprised from the universe of U.S. exchange-listed depositary receipts of companies from Brazil, Russia, India and China. These four emerging countries have a combined Gross Domestic Product growth that has outpaced that of the leading nations over the past 10 years (Source: Bloomberg, 12/31/05).

Claymore/Zacks Yield Hog (AMEX:CVY CVY Charlie/Victor/Yankee (Submarines) )

--The Claymore/Zacks Yield Hog ETF is the first distribution-optimized ETF and the first ETF to invest in an index that can invest in traditional preferred securities, master limited partnerships ("MLPs") and closed-end funds. This ETF seeks investment results that correspond generally to the performance, before the Fund's fees and expenses, of the Zacks Yield Hog Index which is designed to identify securities with potentially high current income. By combining alternative, lower-correlated vehicles, the Yield Hog offers the potential for high risk-adjusted returns over time.

Claymore/Zacks Sector Rotation (AMEX:XRO)

--The Claymore/Zacks Sector Rotation ETF is the first sector rotation ETF. This ETF seeks investment results that correspond generally to the performance, before the Fund's fees and expenses, of the Zacks Sector Rotation Index which is designed to systematically determine sector allocations based on fundamental macro-market data on a quarterly basis.

Claymore/Sabrient Insider (AMEX:NFO NFO Info File (file type extension)
NFO New Fund Offer
NFO National Farmers Organization
NFO Naval Flight Officer (US Navy)
NFO National Family Opinion
)

--The Claymore/Sabrient Insider ETF is the first ETF that invests in an index that selects stocks based on insider behavior. This ETF seeks investment results that correspond generally to the performance, before the Fund's fees and expenses, of the Sabrient Insider Sentiment Index sentiment index

A numerical guide to investor feeling toward the securities markets that is constructed to determine whether certain segments of the investment community are bullish or bearish.
, which is designed to identify companies reflecting favorable corporate insider buying trends (determined via the public filings of such corporate insiders) and Wall Street analyst earnings estimate increases, giving them the potential to outperform on a risk-adjusted basis the S&P 500 Index and other broad market benchmark indices.

Claymore/Sabrient Stealth (AMEX:STH STH

somatotropic (growth) hormone.
)

--The Claymore/Sabrient Stealth ETF is the first ETF to expressly attempt to capture the Neglected Stock Effect. This ETF seeks investment results that correspond generally to the performance, before the Fund's fees and expenses, of the Sabrient Stealth Index, which is designed to identify companies that are "flying under the radar This article is about the magazine. For other uses, see Under the Radar (disambiguation).

Under the Radar is an American magazine that bills itself as "The solution to music pollution." It features interviews with accompanying photo-shoots.
 screen" of Wall Street analysts, but which have displayed robust growth characteristics that give them the potential to outperform, on a risk-adjusted basis other small-cap benchmark indices.

About Claymore Securities

Claymore Securities, Inc. is a privately-held financial services company offering unique investment solutions for financial advisors and their valued clients. Claymore entities have provided supervision, management, servicing or distribution on over $14 billion in assets through closed-end funds, unit investment trusts, mutual funds, separately managed accounts and exchange-traded funds.

About The Bank of New York

The Bank of New York Company, Inc. (NYSE NYSE

See: New York Stock Exchange
:BK) is a global leader in providing a comprehensive array of services that enable institutions and individuals to move and manage their financial assets Financial assets

Claims on real assets.
 in more than 100 markets worldwide. The Company has a long tradition of collaborating with clients to deliver innovative solutions through its core competencies: securities servicing, treasury management, asset management, and private banking. The Company's extensive global client base includes a broad range of leading financial institutions, corporations, government entities, endowments and foundations. Its principal subsidiary, The Bank of New York, founded in 1784, is the oldest bank in the United States and has consistently played a prominent role in the evolution of financial markets worldwide.

About Zacks Investment Research

Zacks Investment Research is a Chicago-based firm with over 25 years of experience in providing institutional and individual investors with the analytical tools and financial information necessary to the success of their investment process. Today Zacks receives daily electronic data feeds and printed research reports on over 10,000 companies from over 200 brokerage firms, produced by more than 3,500 analysts amounting to over 500,000 pages of brokerage research. In addition, Zacks records 25,000 earnings estimate revisions and changes in broker recommendations weekly.

About Sabrient Systems

Sabrient Systems is an independent equity research firm located in Santa Barbara, California Santa Barbara is a city in California, United States. It is the county seat of Santa Barbara County, California. As of the 2000 census, the city had a total population of 92,325.  that provides quantitative research Quantitative research

Use of advanced econometric and mathematical valuation models to identify the firms with the best possible prospectives. Antithesis of qualitative research.
 of nearly 6,000 stocks, indices and exchange-traded funds. Sabrient's proprietary methodologies employ multi-factor modeling and filters to identify stocks that appear poised to outperform or underperform the market.

Important Risks

This information does not represent an offer to sell securities of the funds and it is not soliciting an offer to buy securities of the funds. There can be no assurance that the funds will achieve their investment objectives.

An investment in the various Claymore ETFs is subject to certain risks and other considerations. Such risks and considerations include, but are not limited to:

Investment Risk: An investment in the Funds is subject to investment risk, including the possible loss of the entire principal amount that you invest.

Equity Risk: The risk that the value of the securities held by the Funds will fall due to general market and economic conditions, perceptions regarding the industries in which the issuers of securities held by the Fund participate, or factors relating to specific companies in which the Funds invests.

Foreign Investment Risk: investments in non-U.S. issuers may involve unique risks compared to investing in securities of U.S. issuers, including, among others, greater market volatility than U.S. securities and less complete financial information than for U.S. issuers.

Non-Correlation Risk: The Funds' return may not match the return of the index for a number of reasons. For example, the Funds incur a number of operating expenses Operating expenses

The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted.
 not applicable to the index, and incur costs in buying and selling securities, especially when rebalancing Rebalancing

The process of realigning the weightings of one's portfolio of assets.

Notes:
For example, if your portfolio's proportion of stock has grown too large for your intended assets weightings and risk tolerance, you might rebalance by selling some stock and putting
 the Funds' securities holdings to reflect changes in the composition of the index.

Micro-Cap, Small and Medium-Sized Company Risk: Investing in securities of micro-cap, small and medium-sized companies involves greater risk than is customarily associated with investing in more established companies. These companies' stocks may be more volatile and less liquid than those of more established companies.

Emerging Markets Risk: Investing in foreign countries, particularly emerging market countries, entails the risk that news and events unique to a country or region will affect those markets and their issuers. Countries with emerging markets may have relatively unstable governments, may present the risks of nationalization nationalization, acquisition and operation by a country of business enterprises formerly owned and operated by private individuals or corporations. State or local authorities have traditionally taken private property for such public purposes as the construction of  of businesses, restrictions on foreign ownership and prohibitions on the repatriation Repatriation

The process of converting a foreign currency into the currency of one's own country.

Notes:
If you are American, converting British Pounds back to U.S. dollars is an example of repatriation.
 of assets.

Replication Management Index: Unlike many investment companies, the funds are not "actively" managed. Therefore, it would not necessarily sell a stock because the stock's issuer was in financial trouble unless that stock is removed from the index.

Issuer-Specific Changes: The value of an individual security or particular type of security can be more volatile than the market as a whole and can perform differently from the value of the market as a whole. The value of securities of smaller issuers can be more volatile than that of larger issuers.

An investment in the Claymore/Zacks Yield Hog Index is also subject to risks including: Preferred Stock Risk, REIT REIT

See: Real Estate Investment Trust


REIT

See real estate investment trust (REIT).
 Risk, Master Limited Partnership Risk and Risks of Investing in Other Investment Companies.

An investment in the Claymore/Zacks Sector Rotation is also subject to risks including: Sector Concentration Risk, Finance Sector Risk and Portfolio Turnover Risk.

The funds' shares do not represent a deposit or obligation of, and are not guaranteed or endorsed by, any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation Federal Deposit Insurance Corporation (FDIC), an independent U.S. federal executive agency designed to promote public confidence in banks and to provide insurance coverage for bank deposits up to $100,000. , the Federal Reserve Board or any other government agency.

Investors should consider the investment objectives and policies, risk considerations, charges and ongoing expenses of the ETFs carefully before they invest. The prospectus contains this and other information relevant to an investment in the ETFs. Please read the prospectus carefully before you invest or send money. For this and more information, please contact a securities representative or Claymore Securities, Inc., 2455 Corporate West Drive, Lisle, Illinois 60532, 800-345-7999.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Article Type:Company overview
Date:Sep 21, 2006
Words:1526
Previous Article:PanGo Networks Executive Presents at RFID Applications Fall 2006; Sessions Detail the Power of RFID Applications for Real-Time Asset Tracking.
Next Article:Revivio Appoints Christopher Rocca Vice President of Engineering.
Topics:



Related Articles
A primer on exchange-traded funds: CPAs should know the difference between ETFs and mutual funds.
State Street Global Advisors Launches Nine New Exchange-Traded Funds.
State Street Global Advisors Launches First Tranche of International Exchange-Traded Funds; Two New ETFs Track Performance of Japanese Large and...
Claymore MACROshares(TM): A New Oil Investment Opportunity.
ProShares ETFs Pass $2 Billion in Assets.
Ocean Tomo 300(TM) Patent Index Now Available To Investors.
Claymore Securities Launches Four New ETFs.
Claymore Launches Seven New ETFs.
Ocean Tomo 300(R) Patent Growth Index Now Available to Investors.
Claymore Launches the First Global Water ETF.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles