Bringing you live news and features since 2006 

ClearShares launches Ultra-Short Maturity ETF


ClearShares, a wholly owned subsidiary of Clearbrook, has launched the ClearShares Ultra-Short Maturity ETF (OPER). The Fund began trading on 11 July 2018 on the NYSE Arca with USD10 million in AUM.

ClearShares Ultra-Short Maturity ETF (the ‘Fund’) is an actively managed portfolio seeking current income by investing in repurchase ‘repos’ agreements, collateralised by US Treasuries and US Government Securities. The level of return on the Fund will track prevailing short-term rates. As interest rates rise so could the return paid on the Fund.
“Clearbrook has been on the forefront of introducing innovative solutions to the marketplace that helps investors of all sizes to participate in order to help meet their investment goals,” says Elliott Wislar, CEO of Clearbrook. “The OPER ETF is suitable for all investors, particularly high-net-worth, small to mid-sized corporations and institutions seeking higher returns on their cash assets.”
“Since the ‘Great Recession’ of 2008, short-term fixed income and cash like funds have provided a nominal return – close to zero per cent. The ClearShares Ultra-Short Maturity ETF seeks to fill the return void and provide an alternative to low-yielding money market and cash positions,” says Tom Deegan, Chief Operating Officer of Clearbrook. “Investors can purchase shares in the Fund with a minimum USD100 investment.”

Latest News

US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
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