Beginning this week, blog entries from ETFCommentary.com will also be posted to ETF MarketPro on the Keeping Up page. ETFCommentary will move to the Keeping Up page permanently in June.
Claymore Advisors, LLC today announced that the Board of Trustees of Claymore/Raymond James SB-1 Equity Fund, a diversified closed-end fund (NYSE:RYJ), has approved in principle the conversion of the Fund into an exchange-traded fund (“ETF”) and is further considering the process by which such conversion would be implemented.
The Investment Company Insititute has released the latest statistics on Money Market Mutual Funds. A summary of the latest information is in the Chart of the Week which is available on the home page.
With inflation in the news, investors and their advisors are looking for ways to preserve the purchasing power of hard earned capital. One popular investment option is U.S. government issued TIPS.
If you are looking for an ETF that has it all – equities, fixed income and money market securities, take a look at Claymore’s U.S.-1 Capital Markets Index ETF (UEM). The main benefit of UEM is that you are getting broad, balanced exposure at a lost cost in a single investment.
Earlier this year, Van Eck Global announced the listing of the Market Vectors-Coal ETF (KOL) on the NYSE Arca. KOL is the first ETF that enables U.S. investors to gain exposure to a broad spectrum of companies involved in the transport, equipment manufacturing, and production of coal.