If your looking for specific news, using the search function will narrow down the results
Claymore Exchange-Traded Funds Renamed Guggenheim Exchange-Traded Funds
September 27, 2010--In conjunction with today's announcement regarding the Claymore Securities, Inc. name change to Guggenheim Funds Distributors, Inc. ("Guggenheim Funds"), many of the firm's ETFs have been renamed while their respective ticker symbols and CUSIPs remain unchanged.
The table below lists the name changes. Further information regarding
Guggenheim Funds' ETF products is available at the Guggenheim Funds
website www.guggenheimfunds.com.
Tickers Prior Fund Name New Fund Name --------- --------------------------------------------------------- ------------------------------------------------------ Claymore BulletShares 2011 Corporate Bond ETF Guggenheim BulletShares 2011 Corporate Bond ETF BSCB --------- --------------------------------------------------------- ------------------------------------------------------ Claymore BulletShares 2012 Corporate Bond ETF Guggenheim BulletShares 2012 Corporate Bond ETF BSCC --------- --------------------------------------------------------- ------------------------------------------------------ Claymore BulletShares 2013 Corporate Bond ETF Guggenheim BulletShares 2013 Corporate Bond ETF BSCD --------- --------------------------------------------------------- ------------------------------------------------------ Claymore BulletShares 2014 Corporate Bond ETF Guggenheim BulletShares 2014 Corporate Bond ETF BSCE --------- --------------------------------------------------------- ------------------------------------------------------ Claymore BulletShares 2015 Corporate Bond ETF Guggenheim BulletShares 2015 Corporate Bond ETF BSCF --------- --------------------------------------------------------- ------------------------------------------------------ Claymore BulletShares 2016 Corporate Bond ETF Guggenheim BulletShares 2016 Corporate Bond ETF BSCG --------- --------------------------------------------------------- ------------------------------------------------------ Claymore BulletShares 2017 Corporate Bond ETF Guggenheim BulletShares 2017 Corporate Bond ETF BSCH --------- --------------------------------------------------------- ------------------------------------------------------ Claymore S&P Global Water Index ETF Guggenheim S&P Global Water Index ETF CGW --------- --------------------------------------------------------- ------------------------------------------------------ Claymore China Technology ETF Guggenheim China Technology ETF CQQQ --------- --------------------------------------------------------- ------------------------------------------------------ Claymore/Beacon Spin-Off ETF Guggenheim Spin-Off ETF CSD --------- --------------------------------------------------------- ------------------------------------------------------ Claymore/Beacon Global Timber Index ETF Guggenheim Timber ETF CUT --------- --------------------------------------------------------- ------------------------------------------------------ Claymore/Zacks Multi-Asset Income Index ETF Guggenheim Multi-Asset Income ETF CVY --------- --------------------------------------------------------- ------------------------------------------------------ Claymore/Zacks Mid-Cap Core ETF Guggenheim Mid-Cap Core ETF CZA --------- --------------------------------------------------------- ------------------------------------------------------ Claymore/Sabrient Defensive Equity Index ETF Guggenheim Defensive Equity ETF DEF --------- --------------------------------------------------------- ------------------------------------------------------ Claymore/BNY Mellon BRIC ETF Guggenheim BRIC ETF EEB --------- --------------------------------------------------------- ------------------------------------------------------ Claymore/BNY Mellon EW Euro-Pacific LDRs ETF Guggenheim EW Euro-Pacific LDRs ETF EEN --------- --------------------------------------------------------- ------------------------------------------------------ Claymore/SWM Canadian Energy Income Index ETF Guggenheim Canadian Energy Income ETF ENY --------- --------------------------------------------------------- ------------------------------------------------------ Claymore/NYSE Arca Airline ETF Guggenheim Airline ETF FAA --------- --------------------------------------------------------- ------------------------------------------------------ Claymore/BNY Mellon Frontier Markets ETF Guggenheim Frontier Markets ETF FRN --------- --------------------------------------------------------- ------------------------------------------------------ Claymore/AlphaShares China Small Cap Index ETF Guggenheim China Small Cap ETF HAO --------- --------------------------------------------------------- ------------------------------------------------------ Claymore/Zacks International Multi-Asset Income Index ETF Guggenheim International Multi-Asset Income ETF HGI --------- --------------------------------------------------------- ------------------------------------------------------ Claymore/S&P Global Dividend Opportunities Index ETF Guggenheim S&P Global Dividend Opportunities Index ETF LVL --------- --------------------------------------------------------- ------------------------------------------------------ Claymore/Sabrient Insider ETF Guggenheim Insider Sentiment ETF NFO --------- --------------------------------------------------------- ------------------------------------------------------ Claymore/Ocean Tomo Patent ETF Guggenheim Ocean Tomo Patent ETF OTP --------- --------------------------------------------------------- ------------------------------------------------------ Claymore/Ocean Tomo Growth Index ETF Guggenheim Ocean Tomo Growth Index ETF OTR --------- --------------------------------------------------------- ------------------------------------------------------ Claymore/Raymond James SB-1 Equity ETF Guggenheim Raymond James SB-1 Equity ETF RYJ --------- --------------------------------------------------------- ------------------------------------------------------ Claymore Shipping ETF Guggenheim Shipping ETF SEA --------- --------------------------------------------------------- ------------------------------------------------------ Claymore/MAC Global Solar Energy Index ETF Guggenheim Solar ETF TAN --------- --------------------------------------------------------- ------------------------------------------------------ Claymore/AlphaShares China Real Estate ETF Guggenheim China Real Estate ETF TAO --------- --------------------------------------------------------- ------------------------------------------------------ Claymore/BNY Mellon International Small Cap LDRs ETF Guggenheim International Small Cap LDRs ETF XGC --------- --------------------------------------------------------- ------------------------------------------------------ Claymore/Zacks Sector Rotation ETF Guggenheim Sector Rotation ETF XRO --------- --------------------------------------------------------- ------------------------------------------------------ Claymore/AlphaShares China All-Cap ETF Guggenheim China All-Cap ETF YAO --------- --------------------------------------------------------- ------------------------------------------------------
iShares Announces Changes to Its Semiconductor ETF Including Changing to the PHLX Semiconductor Sector Index
September 27, 2010--BlackRock, Inc., today announced that the iShares Exchange Traded Funds (ETFs) business, the world's largest provider of ETFs, is changing the index, name, ticker and primary listing exchange of the iShares Semiconductor ETF.
The changes will provide investors, for the first time, with an unlevered ETF that will seek investment results that correspond generally to the price and yield performance, before fees and expenses, of the PHLX Semiconductor Sector Index. The PHLX Semiconductor Sector Index is managed by NASDAQ OMX Group and known as the "SOX Index."
Fund shareholders are not required to take any action as a result of this announcement. The changes are effective October 15, 2010, and are generally summarized below.
----------------------------------------------------------------- ----------- Current New ---------------------------------------------------------------------------- Fund Name iShares S&P North American iShares PHLX SOX Technology-Semiconductors Index Semiconductor Sector Index Fund Fund ---------------------------------------------------------------------------- Index S&P North American Technology- PHLX Semiconductor Sector Semiconductors Index Index ("SOX") ---------------------------------------------------------------------------- Ticker IGW SOXX ---------------------------------------------------------------------------- Exchange NYSE ARCA NASDAQ ---------------------------------------------------------------------------- Index Names 52 (as of 8/31/10) 30 (as of 8/31/10) ---------------------------------------------------------------------------- Weighting Modified market cap Modified market cap Methodology ----------------------------------------------------------------------------
"There has been increased investor interest in a SOX based ETF with the ongoing evolution of the Index, therefore we're pleased to provide investors with the iShares PHLX SOX Semiconductor Sector Index Fund that will track such a well-known sector index," said Noel Archard, Head of U.S. iShares Product at BlackRock.
The PHLX Semiconductor Sector Index(SM) (SOX(SM)) is a modified
capitalization-weighted index composed of companies primarily
involved in the design, distribution, manufacture, and sale of
semiconductors. PHLX is a wholly owned subsidiary of the NASDAQ OMX
Group.
Source: BlackRock
BM&FBOVESPA implements new intraday price limit in its equity markets
This is an additional control and does not substitute the existing limit on fluctuations from a previous transaction
September 27, 2010--BM&FBOVESPA implemented on September 27 a new +/- 15% limit on price fluctuations in shares, ETFs and other assets traded on the spot market. Named the intraday limit, the new tool will establish minimums and maximums, based on a reference price for each asset.
The reference price will be the previous session’s closing quote, when considering the asset at the start of the day before the first trade, or the price of the day’s first trade. The asset’s reference price will be altered during the session if there is an auction sparked by the intraday limit being breached. In this case the reference price will become whatever results from the auction.
The new tool will function in the following manner: if a transaction results in a price breaching the upper or lower intraday limit it will be halted and the asset will be put up for auction. The intraday limit will not stand in the case of auctions. In other words, the price resulting from an auction can breach the newly-established limit. It is also important to emphasize that the intraday limit represents an additional control to, and not a substitution of, the existing limit on price fluctuations on consecutive transactions (price limit in relation to the last transaction executed), which has already been implemented in the Mega Bolsa system.
Source: BM&FBOVESPA
Montréal Exchange S&P/TSX 60™ Index Futures Trading Provides Market Open Indication
September 24, 2010--Montréal Exchange, TMX Group's derivatives exchange, reminds media that its leading market indicator, the S&P/TSX 60 IndexTM Futures contract (SXF), begins trading at 6:00 a.m. - 3 ½ hours prior to the opening of Toronto Stock Exchange at 9:30 a.m.
SXF has become a useful early market indicator; by observing the behaviour of the SXF during the pre-open period, Canadian media and investors will have the opportunity to anticipate the opening direction of trading on Toronto Stock Exchange.
SXF contract quotes - delayed by 15 minutes - are available on Montréal Exchange's web site at www.m-x.ca. Real-time SXF quotes are available through Bloomberg and Reuters for media and investors who have access to terminals.
Source: TMX Group (TSX-X)
CFTC.gov Commitments of Traders Reports Update
September 24, 2010--The CFTC.gov Commitments of Traders Reports has been updated for the week of July 21, 2010 and is now available.
view current reports
Source: CFTC.gov
ProShares files with the SEC
September 24, 2010--ProShares has filed a post-effective amendment, registration statement with the SEC for
ProShares RAFI® US Equity Long/Short Fund.
Investment Objective
ProShares RAFI US Equity Long/Short (the “Fund”) seeks investment results, before fees and expenses, that track the performance of the RAFI US Equity Long/Short Index (the “Index”).
view filing
Source: SEC.gov
U.S. Department of the Treasury Economic Statistics - Monthly Data Update
September 24, 2010--The U.S. Department of the Treasury Economic Statistics - Monthly Data has been updated and is now available.
view update
Source: U.S. Department of the Treasury
WisdomTree Launches Industry's First Commodity Currency Basket ETF (CCX)
September 24, 2010--WisdomTree , an exchange-traded fund ("ETF") sponsor and asset manager, announced today the launch of the WisdomTree Dreyfus Commodity Currency Fund (CCX) on the NYSE Arca. CCX is designed to provide broad-based exposure to money market rates and currency movements of selected commodity-producing countries and has an expense ratio of 0.55%.
Bruce Lavine, WisdomTree President & COO, commented, "We believe commodity producing countries are well-positioned to benefit from a global recovery and have developed CCX as an attractive multicurrency basket with exposure to this theme. In addition to presenting a distinct alternative to traditional currencies like the euro, yen and pound, exposure to commodity currencies has historically served to diversify a traditional portfolio."
CCX builds on the success of the WisdomTree Dreyfus Emerging Currency Fund (CEW) in providing investors with unique, less correlated asset class exposures.
read more
Source: WisdomTree
Old Mutual Global Index Trackers to Close U.S. ETFs, Focus on Segregated Account Index Management
September 24, 2010--ld Mutual Global Index Trackers (OMGxT), a South Africa-based index tracker asset manager, announced today that the Board of Trustees of Old Mutual Global Shares Trust has approved the closure of all five of its U.S. exchange-traded funds (ETFs), with trading suspended prior to the market opening on October 6, 2010.
The ETFs to be closed are: GlobalShares FTSE All-World Fund (nyse arca:GSW); GlobalShares FTSE Emerging Markets Fund (nyse arca:GSR); GlobalShares FTSE All-Cap Asia Pacific ex Japan Fund (nyse arca:GSZ); GlobalShares FTSE All-World ex US Fund (nyse arca:GSO); and GlobalShares FTSE Developed Countries ex US Fund (nyse arca:GSD). Shareholders in these funds will receive the net asset value of their shares as of October 8, 2010.
Old Mutual Global Index Trackers is one of several boutiques within Old Mutual Investment Group South Africa, a subsidiary of Old Mutual plc, a FTSE100 company with a primary listing on the London Stock Exchange. Closure of the ETFs has no impact on the other asset management businesses of Old Mutual plc, including Old Mutual Asset Management and Old Mutual Capital in the United States.
Tendai Musikavanhu, CEO of OMGxT, commented: "The U.S. ETF market was a new distribution channel for our well-established South African indexation business. Given the structure of the U.S. ETF market and prolonged volatile market, we've decided that it's unlikely our products will gain sufficient market share in the United States. We will continue using our core business of segregated account index management as a springboard for growth into other distribution channels and markets."
Source: Old Mutual Global Index Trackers
Schwab files with the SEC
September 24, 2010-Charles Schwab has filed a post-effective amendment, registration statement with the SEC for
Schwab U.S. Broad Market ETF (SCHB)
Schwab U.S. Large-Cap ETF(SCHX)
Schwab U.S. Large-Cap Growth ETF(SCHG)
Schwab U.S. Large-Cap Value ETFtm (SCHV)
Schwab U.S. Mid-Cap ETFtm (SCHM)
Schwab U.S. Small-Cap ETF(SCHA)
read more
Source: SEC.gov