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.