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

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Thomas Bonville, Clear Street
Just over a year ago, Thomas Bonville joined New York-based, prime brokerage Clear Street as managing director, head of derivative...
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