Bringing you live news and features since 2006 

Claymore ETF breaks ground in China


Claymore Securities, Inc. has launched the Claymore/AlphaShares China Real Estate ETF (NYSE: TAO) on the New York Stock Exchange Arca, Inc (NYSE Arca).

Claymore Securities, Inc. has launched the Claymore/AlphaShares China Real Estate ETF (NYSE: TAO) on the New York Stock Exchange Arca, Inc (NYSE Arca). This is the first US-listed China Real Estate ETF offering investors the opportunity to invest in the burgeoning Chinese real estate market via the tax-efficient vehicle of an exchange-traded fund.

TAO marks Claymore’s 36th ETF to-date. It provides investors the opportunity to target real estate related investments through an exchange-traded fund. ‘At a time when the U.S. real estate market is in the doldrums, China’s economy is soaring,’ says Christian Magoon, Senior Managing Director and Head of the ETF Group for Claymore Securities. ‘China’s economic expansion has resulted in a construction boom and a sharp increase in real estate values there. The Claymore ETF enables investors to tap into this growth.’

‘The momentum of China’s real estate expansion has been fueled by a growing population and rapid urbanization,’ says Burton Malkiel, Chief Investment Officer of AlphaShares, Inc., the Fund’s Index Provider, and the author of From Wall Street to the Great Wall: How Investors Can Profit from China’s Booming Economy. Malkiel says, ‘As more Chinese residents move from rural areas to the cities to seek greater economic opportunity, the demand for housing and office space will increase dramatically. Many of the buildings they’ll live and work in haven’t yet been built.’

Claymore/AlphaShares China Real Estate ETF (NYSE: TAO) seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an index called the AlphaShares China Real Estate Index (the ‘Index’).

The Index is designed to measure and monitor the performance of the investable universe of publicly-traded companies and REITs that derive the majority of their revenues from real estate development, management and/or ownership of property in mainland China or the Special Administrative Regions of China such as Hong Kong and Macau.

Index constituents must have a market capitalization of USD 500 million or greater for initial inclusion in the Index and a market capitalization of USD 250 million or greater for ongoing inclusion in the Index. Only shares open to foreign ownership are included in the Index, Hong Kong listed securities including China H-Shares and Red Chips and N-Shares trading in New York and their equivalents trading in other foreign markets are eligible for inclusion. China A-shares and China B-shares are not eligible. The Index was created by AlphaShares, Inc. and is maintained by Standard & Poor’s, which serves as the Index Administrator. The Index methodology is published on

The Fund will normally invest at least 90% of its total assets in common stock, American depositary receipts, American depositary shares, global depositary receipts and international depositary receipts that comprise the Index. The Index is rebalanced and reconstituted annually.

Latest News

HSBC Asset Management’s (HSBC AM) ETF and Indexing business has passed USD100 billion in assets under management (AUM), reflecting its..
Amundi’s ETF Market Flows Analysis for April reveals that investors added EUR54.1 billion to global ETFs in April with equities..
VanEck has reached USD10 billion in assets under management in Europe for the first time in April 2024...
Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according to a benchmark study published..

Related Articles

Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Sean O' Hara
Pacer ETFs has announced the launch of three Cash Cows UCITS ETFs. The firm writes that this will give European...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by