American Stock Exchange Launches Claymore S&P Global Water Index ETF
May 14 2007 - 10:42AM
PR Newswire (US)
Claymore Securities Introduces First ETF to Follow Global Water
Industry NEW YORK, May 14 /PRNewswire-FirstCall/ -- The American
Stock Exchange(R) (Amex(R)) today announced that it has launched
trading in the Claymore S&P Global Water Index ETF (Symbol:
CGW) by Claymore Securities, Inc. (Claymore), the first ETF to
track the performance of the global water industry. CGW seeks to
track (before fees and expenses) the performance of the S&P
Global Water Index(R). The Index is comprised of 50 equity
securities selected from a universe of companies listed on global
developed market exchanges. The universe of companies includes all
companies, as classified by Standard & Poor's Industry
Classifications, associated with the global demand for water
including water utilities, infrastructure, equipment, instruments
and materials. Companies included in the Index have market
capitalizations ranging from $250 million to $25 billion as defined
by S&P. "Claymore is a respected leader in providing investors
with innovative products for their portfolios," said Scott Ebner,
Senior Vice President of the Amex ETF Marketplace. "The Amex takes
great pride in welcoming Claymore's 21st ETF listing to the
Exchange." Goldman Sachs Execution & Clearing, LP is the
specialist for CGW. About the American Stock Exchange The American
Stock Exchange(R) (Amex(R)) offers trading across a full range of
equities, options and exchange traded funds (ETFs), including
structured products and HOLDRS(SM). In addition to its role as a
national equities market, the Amex is the pioneer of the ETF,
responsible for bringing the first domestic product to market in
1993. Leading the industry in ETF listings, the Amex lists 309 ETFs
to date. The Amex is also one of the largest options exchanges in
the U.S., trading options on broad-based and sector indexes as well
as domestic and foreign stocks. For more information, please visit
http://www.amex.com/ DATASOURCE: The American Stock Exchange
CONTACT: Bari Trontz, American Stock Exchange, +1-212-306-8964, Web
site: http://www.amex.com/
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