ETF Where Investors Can Profit From Patents
December 17th at 1:33pm by Tom Lydon
The Ocean Tomo 300 Patent Index has an corresponding exchange traded fund (ETF) that will be launched by Claymore very soon. Owning companies with valuable intellectual property may let investors profit from products as they come to market.
Seeking Alpha likes the idea, "Ocean Tomo’s index aims to quantify the value of intellectual property owned by companies and then create an index of companies with large intellectual property assets. The index is then further stratified by investment style and company size to create a representative index of universe of companies that rely on intellectual property to create value."
