The ETF: Claymore Oil Sands Sector ETF (CLO)
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Claymore Oil Sands Sector ETF
Investment type: ETF (Exchange-Traded Fund); listed on the Canadian TSX exchange
The Claymore Oil Sands Sector ETF has been designed to replicate the performance, of the Sustainable Oil Sands Sector 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 10 years. The weightings in the index are based on a proprietary mathematical formula that focuses on five key factors: current oil sands production measured in barrels per day, projected 2015 oil sands production measured in barrels per day, focus on oil sands production percentage of total production focused on oil sands production, market liquidity, and market capitalization.|
Ticker symbol: CLO
Fund manager: Claymore Investments, Inc.
Fund information from Claymore Investments, Inc.: Claymore Oil Sands Sector ETF
ETF charts and further information:
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