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Sabrient Systems Announces ETF Licensing Agreement for New Indexes.


SANTA BARBARA Santa Barbara (săn'tə bär`brə, –bərə), city (1990 pop. 85,571), seat of Santa Barbara co., S Calif., on the Pacific Ocean; inc. 1850. , Calif. -- Sabrient Systems, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 announced a licensing agreement with Claymore Advisors, LLC under which Claymore will create exchange-traded funds (ETFs) that seek to generally correspond to the performance, before fees and expenses, of two new Sabrient indexes. The Claymore ETFs are expected to launch on Thursday, September 21.

The Sabrient Stealth Index(TM) (AMEX AMEX

See: American Stock Exchange
:SBRST) is a weighted index comprising 150 publicly-traded companies that appear well-positioned to benefit from the academically observed "neglected stock effect," whereby firms operating "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 tend to trade at depressed prices and produce superior returns relative to better-known securities. The Index further identifies those neglected stocks that have displayed robust growth characteristics that give them the potential to outperform, on a risk-adjusted basis, other small-cap benchmark indices. The Claymore/ Sabrient Stealth ETF ETF

See Exchange Traded Fund.


ETF

See exchange-traded fund (ETF).
 (AMEX:STH STH

somatotropic (growth) hormone.
) seeks a correlation over time of 95% or better between the Fund's performance and the performance of the Index.

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.
(TM) (AMEX:SBRIN) identifies 100 stocks that reflect favorable corporate insider buying trends (determined via the public filings of such corporate insiders) and recent earnings estimate increases by Wall Street analysts that follow the stocks, giving them the potential to outperform on a risk-adjusted basis the S&P 500 Index and other broad market benchmark indices. The Claymore/Sabrient Insider ETF (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
) seeks a correlation over time of 95% or better between the Fund's performance and the performance of the Index.

About Sabrient Systems

Sabrient Systems, LLC (http://www.sabrient.com) is an independent research firm specializing in fundamentals-based, quantitative equity research. Sabrient's proprietary methodology employs multi-factor filters and fuzzy-logic scoring to analyze nearly 6,000 U.S.-traded stocks and identify those that appear poised to outperform or under-perform the market.

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.

Sabrient does not guarantee the quality, accuracy or completeness of the indexes noted above or any data included therein. The Claymore Funds noted above are not sponsored or sold by Sabrient Systems, LLC, and Sabrient makes no warranty regarding the advisability of investing in those funds.

Investors should carefully consider the investment objective and policies, risk considerations, charges and ongoing expenses of the Funds before investing. The prospectus contains this and other information relevant to an investment in the Fund. Please read the prospectus carefully before you invest or send money. For a full prospectus and statement of additional information Statement of Additional Information (SAI)

A document provided as a supplement to a mutual fund prospectus. It provides more detailed information about fund policies, operations, and risks. Also known as a Part B prospectus.
, please contact your securities representative or Claymore Securities, Inc., 2455 Corporate West Drive, Lisle, IL 60532, 800-345-7999, or visit www.claymore.com.

The Fund's shares will trade at market prices that may differ to some degree from the net asset value ("NAV See navigation system and navigation bar. ") of the shares. Unlike conventional mutual funds, the Fund issues and redeem shares on a continuous basis, at NAV, only in large specified blocks of 50,000 shares, each of which is called a "Creation Unit." Creation Units are issued and redeemed principally in-kind for securities included in a specified index. Except when aggregated in Creation Units, shares are not redeemable securities of the Fund.

Investors buying or selling ETF shares on the secondary market may incur brokerage costs and other transactional fees. Shares of ETFs may fluctuate in price due to daily changes in trading volume Trading volume

The number of shares transacted every day. As there is a seller for every buyer, one can think of the trading volume as half of the number of shares transacted. That is, if A sells 100 shares to B, the volume is 100 shares.
. At times, shares may not have a high volume of trading.
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.

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Publication:Business Wire
Date:Sep 21, 2006
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