Claymore Oil Sands Sector ETF (CLO-TSX)

This article describes an exchange traded fund that tracks an index, commodity, currency, or varied basket of securites. View articles referencing this fund.

 

TOP CONTRIBUTORS

Ankur Dhamija

Claymore Oil Sands Sector ETF (CLO-TSX)listed on the Canadian TSX stock exchange

Overview

The Claymore Oil Sands Sector ETF has been designed to replicate the performance, net of expenses, of the Sustainable Oil Sands Sector Index™ (the "Index"). The Sustainable Oil Sands Sector Index™ was designed to give investors the maximum exposure to one of the fastest growing industries in the Canadian energy sector and one of the largest reserves of oil in the world. The Index is restricted to companies that are highly focused on oil sands production and are expected to increase their oil sands production in the next ten years. The weightings in the Index are based on a proprietary mathematical formula that focuses on five key factors. By focusing on the following five factors, the Index is designed to invest in the companies that best represent the current and future production of oil sands:

   * Current Oil Sands Production measured in barrels per day
   * Projected 10yr Forward Oil Sands Production measured in barrels per day
   * Focus on Oil Sands Production Percentage of total production focused on oil sands production
   * Market Liquidity
   * Market Capitalization

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Fund Information

• Fund Manager - Claymore Investments, Inc.
• Inception Date - 10/26/2006
• Exchange – Canadian TSX Exchange
• Index Ticker – CLO
• Intra-day NAV Ticker – CLO
• Expense Ratio – 0.60%

Top Holdings

Holdings as of 12/17/2009

Other Oil & Gas ETFs

References

1. ↑ - Overview of Claymore Oil Sands Sector ETF (CLO-TSX)listed on the Canadian TSX stock exchange