Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Claymore Puts Three More Active ETFs In Registration Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, June 16, 2009

Claymore Puts Three More Active ETFs In Registration

Reported by Meredith Mazzilli

A fund firm appears to be ramping up its efforts to provide a broad range of actively managed ETFs in the near future. Claymore filed an application for exemption with the SEC June 9 that revealed its continued aspirations to join the actively managed ETF game. The filing disclosed details regarding three additional active funds that could be hitting the shelves soon. Claymore also filed for three actively managed commodity ETFs in May (see the MFWire, 5/14/2009).

The Claymore Laffer Macro Economic Global Equity fund will seek to invest in relatively undervalued securities around the world that "stand to benefit from improvements in the value of a countryís equity market relative to other countries." Laffer Associates will serve as the fundís subadvisor and will use an approach that combines qualitative and quantitative analysis of a countryís exchange rates, fiscal policies and global economic environment to create relative rankings for each market. Laffer will then invest in stocks located in and ETFs focused in the top 12-16 countries identified by the methodology.

The Claymore Active National Municipal fund will seek to outperform the Barclays Capital 7-Year Municipal Bond Index. It will invest most of its assets in tax-exempt and AMT-free municipal obligations rated BBB/Baa or higher, and may invest up to 20% of its assets in unrated municipal obligations considered to be of similar quality.

Finally, the Claymore/S&P Commodity Trends Strategy fund will seek to track the performance of the S&P Commodity Trends Indicator, which the filing refers to as "a benchmark that the advisor believes accurately reflects trends in the commodities market." The fund will invest in a mix of commodity-linked derivatives and fixed income securities as well as commodity-linked notes. The fund will also invest directly in ETFs that will provide access to managed commodities and equity securities. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2020: Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use