Claymore Expands China ETF Offerings

Claymore has added an all-cap fund to its line-up of China ETFs.

The Claymore/AlphaShares China All-Cap ETF (YAO) tracks an index of the investable universe of publicly-traded companies based in mainland China of all capitalizations.

The companies included in the Index must have a float-adjusted market capitalization initially of $500 million or greater and $400 million or greater for ongoing inclusion.

The Index utilizes a modified market capitalization weighting methodology. As of September 30, 2009 the Index included 99 securities from all capitalizations with approximately 57% in large caps, 33% in mid caps and 10% in small caps based on free-float adjusted market capitalizations.

YAO is Claymore’s third China-focused ETF joining the ranks of Claymore’s existing China-based ETFs – the Claymore/AlphaShares China Small Cap Index ETF (HAO), the first ETF to focus on Chinese small-cap companies, and the Claymore/AlphaShares China Real Estate ETF (TAO), the first ETF to focus on Chinese real estate companies.

For more ETF investing choices, see the country ETF directory.