New Claymore ETFs Go Globtrotting
July 12th 2007 at 12:05pm by Tom Lydon
Claymore announced its release of two new exchange traded funds (ETFs) on the American Stock Exchange recently. According to the press release, they are:
- Claymore/Zacks Country Rotation ETF (CRO) – seeks to track the Zacks Country Rotation Index’s performance. The index comprises 200 stocks selected from a universe of international companies based in countries included in the MSCI EAFE Index and Canada, with the exclusion of companies based in Greece. The companies in the universe are selected using a proprietary methodology developed by Zacks Investment Research, Inc.
- Claymore/Zacks International Yield Hog Index (HGI) – seeks to track the Zacks International Yield Hog Index’s performance. The index comprises 150 stocks selected from a universe of international companies, global REITs, master limited partnerships, Canadian royalty trusts, American depositary receipts (ADRs) of emerging market companies and U.S. listed closed-end funds that invest in international companies. The companies in the universe are selected using a proprietary strategy developed by Zacks Investment Research, Inc.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Mr. Lydon serves as an independent trustee of certain mutual funds and ETFs that are managed by Guggenheim Investments; however, any opinions or forecasts expressed herein are solely those of Mr. Lydon and not those of Guggenheim Funds, Guggenheim Investments, Guggenheim Specialized Products, LLC or any of their affiliates. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.