ETF Trends
08-05-2008, 05:21 AM
ETF Trends - Keeping a Grip on Exchange Traded Funds (ETFs)
http://www.etftrends.com/wp-content/uploads/2008/08/david-bowie-changes-bowie-delantera.jpgWhen it comes to exchange traded funds (ETFs), what’s in a name, index and investment strategy?
We’ll soon find out. The Claymore/BBD High Income Index ETF (LVL (http://finance.yahoo.com/q/hl?s=lvl)) is officially changing its name as of Sept. 30, 2008. It will become the Claymore/S&P Global Dividend Opportunities Index ETF, and will change the index it tracks, along with the investment strategy, reports Centre Daily (http://www.centredaily.com/business/story/746307.html).
Claymore’s ETF will say farewell to the Benchmarks By Design High Income Index, and will instead seek results that correspond to the S&P Global Dividend Opportunities Index.
The fund will invest 90% of its assets into common stocks and ADRs listed on national exchanges and that offer high dividend yields, chosen from a pool of stocks that are listed on the exchanges of the countries included in the S&P/Citigroup Broad Market Index.
The dividend distribution will change from monthly to quarterly, as well.
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/356123439/etf-goes-through-ch-ch-changes.html)
http://www.etftrends.com/wp-content/uploads/2008/08/david-bowie-changes-bowie-delantera.jpgWhen it comes to exchange traded funds (ETFs), what’s in a name, index and investment strategy?
We’ll soon find out. The Claymore/BBD High Income Index ETF (LVL (http://finance.yahoo.com/q/hl?s=lvl)) is officially changing its name as of Sept. 30, 2008. It will become the Claymore/S&P Global Dividend Opportunities Index ETF, and will change the index it tracks, along with the investment strategy, reports Centre Daily (http://www.centredaily.com/business/story/746307.html).
Claymore’s ETF will say farewell to the Benchmarks By Design High Income Index, and will instead seek results that correspond to the S&P Global Dividend Opportunities Index.
The fund will invest 90% of its assets into common stocks and ADRs listed on national exchanges and that offer high dividend yields, chosen from a pool of stocks that are listed on the exchanges of the countries included in the S&P/Citigroup Broad Market Index.
The dividend distribution will change from monthly to quarterly, as well.
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/356123439/etf-goes-through-ch-ch-changes.html)