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Rating:Ameristock Joins the ETF Crowd Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, July 2, 2007

Ameristock Joins the ETF Crowd

News summary by MFWire's editors

Yet another company has hopped on the ETF bandwagon. Ameristock Corporation has launched five U.S. Treasury ETFs. The funds began trading on the American Stock Exchange today.


The American Stock Exchange® (Amex®) and Ameristock Corporation (Ameristock) announced today the launch of trading in five new U.S. Treasury exchange traded funds (ETFs). These five new fixed income funds represent Ameristock’s first foray into the ETF product category.

“The American Stock Exchange is proud to partner with Ameristock on the launch of their first five ETFs,” said Scott Ebner, Senior Vice President of Amex’s ETF Marketplace. “We are pleased to have been selected to list these new products, which enable investors to target their exposure to specific maturities in the U.S. Treasury market.”

Each Ameristock/Ryan ETF seeks to track a particular U.S. Treasury securities index owned and compiled by Ryan Holdings LLC and Ryan ALM, Inc. The new ETFs are:

Ameristock/Ryan 1 Year U.S. Treasury ETF (Symbol: GKA)

Seeks to track, before fees and expenses, the price and yield performance of the Ryan Adjusted 1 Year Treasury Index™, which is based upon the return of a portfolio with a 2/3 weighting in the most recently auctioned 6 month U.S. Treasury bill and a 1/3 weighting in the most recently auctioned 2 year U.S. Treasury Note.

Ameristock/Ryan 2 Year U.S. Treasury ETF (Symbol: GKB)

Seeks to track, before fees and expenses, the price and yield performance of the Ryan 2 Year Treasury Index™, which is based upon the return of the most recently auctioned 2 year U.S. Treasury Note.

Ameristock/Ryan 5 Year U.S. Treasury ETF (Symbol: GKC)

Seeks to track, before fees and expenses, the price and yield performance of the Ryan 5 Year Treasury Index™, which is based upon the return of the most recently auctioned 5 year U.S. Treasury Note.

Ameristock/Ryan 10 Year U.S. Treasury ETF (Symbol: GKD)

Seeks to track, before fees and expenses, the price and yield performance of the Ryan 10 Year Treasury Index™, which is based upon the return of the most recently auctioned 10-year U.S. Treasury Note.

Ameristock/Ryan 20 Year U.S. Treasury ETF (Symbol: GKE)

Seeks to track, before fees and expenses, the price and yield performance of the Ryan 20 Year Treasury Index™, which is based upon an equal weighting of the most recently auctioned 10- and 30- year U.S. Treasury Note and Bond.

Kellogg Capital Group, LLC is the specialist for GKA, GKB, GKC, GKD and GKE.

Bluefin Specialists, LLC will trade options on GKD and GKE.

About The American Stock Exchange

The American Stock Exchange® (Amex®) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRSSM. In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 232 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit www.amex.com.

About Ameristock Corporation

The Ameristock Corporation (Ameristock) manages the Ameristock Fund and the Ameristock/Ryan Treasury Exchange Traded Funds. The Funds’ website (http//www.ameristock.com) includes historical performance and a complete listing of the Funds’ holdings. Ameristock is the sister company of Victoria Bay Asset Management which manages the United States Oil Fund, LP and the United States Natural Gas Fund, LP.

Ameristock Funds are distributed by ALPS Distributors, Inc.

An investor should carefully consider investment objectives, risks, charges and expenses of the investment company carefully before investing. To obtain a prospectus, which contains this and other information, please call 800-394-5064 or visit www.ameristock.com. Please read the prospectus carefully before investing.

An investment in the Funds involves risk, including loss of principal.

There is no assurance that the investment process will consistently lead to successful investing.

Unlike many investments, the Funds do not try to ‘beat’ the markets or indexes they track, but rather match their appropriate index.

About Ryan ALM, Inc.

Ryan ALM, Inc. is a research oriented firm with two distinct divisions: ALM Research Solutions, LLC whose mission is to build a new breed of bond indexes that are more mathematically accurate, more liquid, more transparent and best represent the client objective(s); and Ryan ALM Advisers, LLC whose mission is to manage assets based on proprietary financial models which produce a low cost, low risk strategy that best meet the client objective(s). Ryan ALM was founded by Ronald J. Ryan the former Director of research for Lehman Brothers who designed most of the popular Lehman bond indexes. Ron was also the founder and President of Ryan Labs, a bond index fund manager. 

Edited by: Erin Kello


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