Claymore launched its three latest exchange traded funds (ETFs) yesterday. They are:
- The Claymore/Morningstar Information Super Sector Index ETF (MZN)
This ETF tracks the Morningstar Information Super sector Index that is designed to identify and follow companies that support and facilitate the exchange of ideas and information as a basis for commerce. Examples of these industries include software, hardware, media and telecommunication sectors.
- The Claymore/Morningstar Services Super Sector Index ETF (MZO)
MZO tracks the Morningstar Services Super Sector Index that is designed to identify and follow companies whose main source of revenue comes from providing services. Eligible companies for this index include the health care services, consumer services, business services and financial services sectors.
- Claymore/Morningstar Manufacturing Super Sector Index ETF (MZG)
This ETF tracks the Morningstar Manufacturing Super Sector Index that is designed to identify and follow companies in "smokestack" industries that process raw materials into physical goods that are sold into industrial and consumer markets. Companies that could be included in this index include consumer goods, industrial materials, energy and utility sectors.
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.