Closed End Fund ETN Launches On NYSE

December 12, 2007 at 1:00 am by Tom Lydon      Bookmark and Share

3141374534 The Claymore CEF Index-Linked GS Connect ETN (GCE) launched Monday on the NYSE Arca, another addition to the growing line-up of exchange traded notes (ETNs). This ETN gives investors access to a portfolio of liquid closed-end funds listed in the U.S. Remember to keep in mind that closed-end funds trade at a premium or discount to their net asset value.

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