American Stock Exchange Launches Two New Claymore/Robeco ETFs
01 Marzo 2007 - 11:11AM
PR Newswire (US)
New ETFs Track Robeco's Global Equity Indexes NEW YORK, March 1
/PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today
announced that it has launched trading in two new exchange traded
funds (ETFs) from Claymore Securities, Inc. (Claymore) and Robeco
Investment Management, Inc. (Robeco). Claymore/ Robeco Developed
International Equity ETF (Ticker: EEN) and Claymore/Robeco
Developed World Equity ETF (Ticker: EEW) track the Robeco Developed
International Equity Index(TM) and the Robeco Developed World
Equity Index(TM), respectively. Claymore/ Robeco Developed
International Equity ETF (Ticker: EEN) EEN seeks investment results
that correspond generally to the performance, before the Fund's
fees and expenses, of an equity index called the Robeco Developed
International Equity Index. Index constituents are selected from a
universe of equities listed on international developed market
exchanges. "Developed markets" are countries whose economies have
high income levels, strong legal protection and sophisticated stock
exchanges. The Index is comprised of, at any given time, between
100-200 stocks, selected based on liquidity, ease of trading,
valuation and momentum measures and other criteria. Claymore/Robeco
Developed World Equity ETF (Ticker: EEW) EEW seeks investment
results that correspond generally to the performance, before the
Fund's fees and expenses, of an equity index called the Robeco
Developed World Equity Index. Index constituents are selected from
a universe of equities listed on global developed market exchanges.
"Global developed markets" are countries whose economies have high
income levels, strong legal protection and sophisticated stock
exchanges, including the U.S. and Canada. The Index is comprised
of, at any given time, between 110-210 stocks, selected based on
liquidity, ease of trading, valuation and momentum measures and
other criteria. "The Amex is proud to partner with Claymore and
Robeco to bring these innovative global equity index funds to the
marketplace," said Cliff Weber, Senior Vice President of the ETF
Marketplace. "We are pleased to have been chosen to list these
unique products that offer investors new opportunities in global
markets." Goldman Sachs Execution & Clearing, LP is the
specialist for EEN and Kellogg Capital Group, LLC is the specialist
for EEW. 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 HOLDRS. 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 265 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
http://www.amex.com/. DATASOURCE: The American Stock Exchange
CONTACT: Bari Trontz, American Stock Exchange, +1-212-306-8964, Web
site: http://www.amex.com/
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