Merged fund to have larger market cap, increased liquidity and a lower MER
Units now trading on TSX
Fund to invest in holdings of physical gold bullion
Claymore Investments, Inc. is changing its automatic dividend reinvestment plan, the provider of exchange-traded funds said Thursday.The Auto DRIP was established on January 28.In an effort to accommodate the requirements of a select number of CDS participants, Claymore will remove the “automatic” enrolment feature of the Auto DRIP such that unitholders of the ETFs who […]
Global Monthly Advantaged Dividend ETF offers increased liquidity, lower MER
ETF conversion planned if units trade at a discount to net asset value
Claymore Premium Money Market ETF is moving to T+1 settlement full-time as of April 1, Claymore Investments, Inc. announced Tuesday.Moving to T+1 settlement will allow investors the ability to buy and sell the fund on terms aligned to buying and selling other money market securities and money market mutual funds, Claymore says.“We have worked hard […]
Capital International Asset Management (Canada), Inc. has received securityholder approval to merge its Capital International – Global Small Cap fund into its Capital International – Global Equity fund, the company said Wednesday.Investor approval, obtained at a special meeting held April 7, 2009, followed previous regulatory approval as well as a positive recommendation from the fund’s […]
Claymore Broad Emerging Markets ETF and Claymore US Fundamental Index ETF
Nasdaq OMX Europe will launch a new pan-European dark pool, to be known as NEURO Dark, the company said Tuesday.The exchange plans to launch the new facility on April 27, and it will trade approximately 800 of the most actively traded European blue chip shares. It will have smart order routing functionality, and provide a […]