According to a release from the exchange, the ETFs, from Claymore Securities, Inc. and Robeco Investment Management, Inc., will trade under the names Claymore/ Robeco Developed International Equity ETF (Ticker: EEN) and Claymore/Robeco Developed World Equity ETF (Ticker: EEW).
The EEN fund seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of the Robeco Developed International Equity Index. The equity index, which includes between 100-200 stocks, chooses from equities listed on international developed market exchanges, according to the release.
The EEW fund 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, which is comprised of equities listed on global developed market exchanges. At any given time, the index includes between 110-210 stocks, selected based on liquidity, ease of trading, valuation and momentum measures and other criteria.
Goldman Sachs Execution & Clearing, LP is the specialist for EEN and Kellogg Capital Group, LLC is the specialist for EEW.