Underrated Benchmark Indexes and
Claymore debuts 7 ETFs
April 3, 2007
SAN DIEGO (ETFguide.com) -
The
American Stock Exchange announced trading in 7 new exchange traded funds (ETFs)
from Claymore Securities.
"The American Stock
Exchange and Claymore enjoy a collaborative commitment to introducing ground
breaking investment vehicles for investors," said Scott Ebner, Senior Vice
President of the Amex ETF Marketplace.
Among the new funds introduced are the
Claymore/BIR
Leaders 50 ETF (Symbol: BST), which tracks an index of 50 publicly traded ADRs
and U.S. companies. Stock components are analyzed and selected by Best
Independent Research, LLC (BIR), a consortium of the following five independent
research companies: Ativo Research, Channel Trend Inc., Columbine Capital
Services, Ford Equity Research, and Thomas White International.
Another offering focuses on companies with an
arsenal of intellectual property.
The Claymore/Ocean
Tomo Growth Index ETF (Symbol: OTR) is comprised of 60 mid and large cap
domestic stocks selected from the Ocean Tomo 300 Patent Index.
Two ETFs follow indexes
operated by Chicago-based Zacks Investment Research.
The Claymore/Zacks
Growth & Income Index ETF (Symbol: CZG) is comprised of 225 domestic stocks and
the Claymore/Zacks Mid-Cap Core ETF (Symbol: CZA) follows an index of 100
mid-cap stocks.
Including
these
new funds, Lisle, IL-based Claymore now offers 18 U.S. listed ETFs.
--Claymore/BIR
Leaders 50 ETF (AMEX: BST),
--Claymore/BIR
Leaders Mid-Cap Value ETF (AMEX: BMV)
--Claymore/BIR
Leaders Small-Cap Core ETF (AMEX: BES)
--Claymore/Great
Companies Large-Cap Growth Index ETF (AMEX: XGC)
--Claymore/Ocean
Tomo Growth Index ETF (AMEX: OTR)
--Claymore/Zacks
Growth & Income Index ETF (AMEX: CZG)
--Claymore/Zacks
Mid-Cap Core ETF (AMEX: CZA)
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