According to the announcement, the Claymore/Zacks Country Rotation ETF seeks investment results that correspond generally to the performance, before the fund’s fees and expenses, of the Zacks Country Rotation Index. The Index is comprised of 200 stocks from a universe of international companies based in countries included in the MSCI EAFE Index and including Canada, with the exclusion of companies based in Greece.
The Zacks Country Rotation Index is designed to select and weight a group of stocks which have the potential on a risk-adjusted basis to outperform the MSCI EAFE Index and other developed international benchmark indexes.
The Claymore/Zacks International Yield Hog Index ETF seeks investment results that correspond generally to the performance, before the fund’s fees and expenses, of the Zacks International Yield Hog Index, the announcement said. The Index is comprised of 150 stocks from a universe of international companies, global REITs, master limited partnerships, Canadian royalty trusts, American depositary receipts (“ADRs”) of emerging market companies, and U.S. listed closed-end funds that invest in international companies.
The Zacks International Yield Hog Index is designed to select a diversified group of stocks with the potential to outperform the MSCI EAFE Index and other benchmark indices on a risk adjusted basis.
Both indexes are adjusted semi-annually.
For more information, go to www.claymoresecurities.com.