Claymore Securities, a provider of exchange-traded funds, has been awarded four and five-star ratings for its ETFs by Morningstar.
Five-star ratings have been awarded to the Claymore/BNY Mellon BRIC ETF and the Claymore/Ocean Tomo Patent ETF.
Four-star ratings have been awarded to the Claymore/Sabrient Insider ETF and the Claymore/Sabrient Defensive Equity Index ETF.
“When Claymore entered the ETF market in 2006, we sought to partner with innovative index providers,” says William Belden, managing director of Claymore’s ETF division. “We believe in the fresh approaches of our ETF’s underlying indices and their ability to analyse the market. Utilizing unique metrics and methodologies provides investors the potential to outpace broad-based indices."
The Claymore/BNY Mellon BRIC ETF seeks to replicate, before the fund’s fees and expenses, the performance of the BNY Mellon BRIC Select ADR Index, an index comprised of American depositary receipts and global depositary receipts selected, based on liquidity, from a universe of all listed depositary receipts of companies from Brazil, Russia, India and China currently trading on US exchanges.
The Claymore/Ocean Tomo Patent ETF seeks to replicate, before the fund’s fees and expenses, the performance of the Ocean Tomo 300 Patent Index. The index, which is the first publicly available patent index, is designed to actively represent a group of domestically-traded securities that own quality patent portfolios.
The Claymore/Sabrient Insider ETF seeks to replicate, before the fund’s fees and expenses, the performance of the Sabrient Insider Sentiment Index. The index’s objective is to actively represent a group of securities currently reflecting favourable corporate insider buying trends, determined via the public filings of such corporate insiders, and Wall Street analyst earnings estimate increases.
The Claymore/Sabrient Defensive Equity Index ETF seeks to replicate, before the fund’s fees and expenses, the performance of the Sabrient Defensive Equity Index. The index is designed to actively represent a group of securities reflecting low relative valuations, conservative accounting, dividend payments and a history of out-performance during bearish market periods.