Claymore certainly doesn’t seem to be resting on its laurels following last week’s announcement that Guggenheim Partners has agreed to buy the firm, including its line of about 35 ETFs with nearly $2 billion in assets. The Lisle, Illinois-based firm has filed with the SEC for approval of the Claymore/AlphaShares China All-Cap ETF. The proposed fund would trade on the NYSE Arca Exchange under the ticker YAO, and would invest in public companies in mainland China. YAO would join two existing Claymore China ETFs based on AlphaShares indexes: the China Real Estate ETF (TAO) and the China Small Cap Index ETF (HAO). TAO and HAO are among the best-performing ETFs so far in 2009, rising 67.6% and 81.1%, respectively. [click to continue…]
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