Claymore Launch Two New Equity ETFs

March 2, 2007 12:14 AM

Claymore Securities has launched two new exchange traded funds tracking Robeco indices.

The Claymore/Robeco Developed World Equity ETF (EEW) tracks the Robeco Developed World Equity Index. The fund has an expense ratio of 0.93% (limited to 0.65% through the end of 2009). Rebalancing is done monthly, with annual reconstitution and distributions.

The Claymore/Robeco Developed International Equity ETF (EEN) tracks the Robeco Developed International Equity Index. The fund has an expense ratio of 0.93% (limited to 0.65% through the end of 2009). Rebalancing is done monthly, with annual reconstitution and distributions.