Claymore Securities announced their U.S. exchange traded fund (ETF) group reached more than $1 billion in assets under management. And this happened within a time span of only 10 months. Claymore currently offers 29 ETFs. Their first ETFs launched September 21, 2006 included the first BRIC ETF, Claymore/BNY BRIC ETF (EEB), and the first sector rotation ETF, Claymore/ Zacks Sector Rotation ETF (XRO). The press release also adds that since then, Claymore has had a few other "firsts" to market including the Claymore S&P Global Water Index ETF (CGW) and the Claymore/SWM Canadian Energy Income Index ETF (ENY).
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.