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Products May 15, 2007
Claymore Advisors’ ETFs to Track Morningstar Super Sector Indexes
Claymore Advisors, LLC will be using Morningstar Super Sector Indexes for its new exchange-traded funds (ETFs) that track the manufacturing, services and information sectors.
Reported by Adrien Martin
The Claymore ETFs are the first to track the Morningstar Super Sector Indexes.
“Investors recognize that sector diversification is important, but the sheer number of sectors makes it difficult for them to track and allocate their holdings evenly across industries,” said Christian Magoon, senior managing director, at Claymore. “Our new ETFs based on the Morningstar Super Sector Indexes allow investors the opportunity to gain broader sector exposure or the potential to add balance to a concentrated portfolio.’
For more information on Claymore visit www.claymore.com.