Claymore Investments, Inc. today announced the launch of Claymore Global Infrastructure ETF.
The new exchange traded fund as been designed to replicate, to the extent possible, the performance of the MFC global infrastructure index, net of expenses. The index seeks to provide long-term capital appreciation by investing in companies in the infrastructure sector based on a quantitative bottom-up, multi-factor selection process.
“Infrastructure has become a major area of investment focus for some of the largest institutional investors. Investments in infrastructure-related securities may serve as a potential hedge against inflation and also offer the potential to deliver superior investment returns as governments in both developed and developing countries increasingly focus on the need to make adequate investments in infrastructure assets.” says Som Seif, president & CEO of Claymore Investments.
Like most of Claymore Investments’ other current ETFs, the Claymore Global Infrastructure ETF will be offering two classes of units to the public, the Common Unit (TSX:CIF) and Advisor Class Unit (TSX: CIF.A).
Claymore Investments, Inc. is a wholly owned subsidiary of Claymore Group, Inc., a financial services and asset management company based in the Chicago area.
Claymore introduces Global Infrastructure ETF
Exchange traded fund tracks MFC global infrastructure index
- By: IE Staff
- August 27, 2008 August 27, 2008
- 08:25