Claymore/Robb Report Global Luxury Index ETF (ROB)

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Claymore/Robb Report Global Luxury Index ETF (ROB)

Overview

The "Fund" seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an equity index called the Robb Report Global Luxury Index (the “Index”). The Fund will normally invest at least 90% of its total assets in common stock and American depositary receipts ("ADRs") and global depositary receipts ("GDRs") that comprise the Index. Claymore Advisors, LLC (the "Investment Adviser") seeks a correlation over time of 0.95 or better between the Fund’s performance and the performance of the Index. A figure of 1.00 would represent perfect correlation.

The Fund, using a low cost “passive” or “indexing” investment approach, will seek to replicate, before expenses, the performance of the Robb Report Global Luxury Index. The Index is comprised of no fewer than 20 and up to 100 equity securities traded on major global developed market exchanges, as well as ADRs and GDRs of companies whose primary business is the provision of global luxury goods and services. These may include retailers, manufacturers (which may include automobiles, boats, aircraft, and consumer electronics), travel and leisure firms, and investment and other professional services firms. The designation of such firms as “luxury” is determined by the publisher of the Robb Report Magazine, CurtCo Robb Media, LLC (the “Robb Report” or the “Index Provider”). Robb Report generally defines “developed markets” as countries whose economies have high income levels, strong legal protection and sophisticated stock exchanges. The current list of global developed markets consists of Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom and the United States of America. [1]

Fund Information

  • Fund Manager - Claymore Advisors
  • Inception Date - 07/30/2007
  • Exchange – NYSE Arca
  • Index Ticker - ROB
  • Intra-day NAV Ticker - ROBIV
  • Expense Ratio - 0.70%

Top Holdings

Holdings % of the portfolio
THE SWATCH GROUP AG-B 5.21%
DAIMLER AG 5.11%
BAYERISCHE MOTOREN WERKE AG (BMW) 5.05%
PPR SA 4.95%
CHRISTIAN DIOR SA 4.65%
PORSCHE AG-PFD 4.60%
CIE FINANCIERE RICHEMON 4.54%
COACH INC 4.43%
PERNOD-RICARD SA 4.42%
LUXOTTICA GROUP SPA 4.40%

Holdings as of 23/10/2009

References

  1. - Overview of Claymore/Robb Report Global Luxury Index ETF (ROB)
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