Clear Indexes LLC announced
the winner of its exchange traded fund (ETF) competition, which took
place from October 12-November 26, 2007.

James Baker, 18, an NYU
freshman, won the Clear Next Generation ETF Competition. His idea was
selected from around 100 entries, and he will receive $4,000, a paid
internship at the Wall Street Clear Indexes’ office, and the chance to
work on publishing the live index.

His winning idea was a U.S. Exporters Index that seeks to benefit
from a growing global economy, along with the reduced value of the
dollar. It is made up of large-to mid-cap companies that obtain a
material portion of their revenue outside the U.S.

All of the winners are acknowledged on the group’s Facebook page.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. 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.

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