American Stock Exchange Lists Claymore/Clear Global Timber Index ETF

First U.S.-Listed Fund to Follow the Global Timber Industry 


NEW YORK, Nov. 9  /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today announced that it has launched trading in the Claymore/Clear Global Timber Index ETF (AMEX:CUT) by Claymore Securities, Inc. (Claymore). This brings the total number of ETFs listed on the Amex to 373.

"We are pleased to be supporting Claymore as they continue to expand their family of ETFs and provide the investing community with new ways to diversify their portfolios," said Scott Ebner, Senior Vice President of the Amex ETF Marketplace. "CUT is the first U.S.-listed ETF to provide investors access to companies involved in the global timber business."

CUT aims to track an equity index called the Clear Global Timber Index. All stocks in the Index are selected from the universe of global timber companies. Clear Indexes LLC defines global timber companies as firms who own or lease forested land and harvest the timber from such forested land for commercial use and sale of wood-based products, including lumber, pulp or other processed or finished goods, as their primary business.

  Kellogg Capital Group, LLC is the specialist for CUT.

  About the American Stock Exchange


The American Stock Exchange(R) (Amex(R)) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 373 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com/. 

DATASOURCE: American Stock Exchange



CONTACT:  Bari Trontz of American Stock Exchange, [phone],

 



Web site:  http://www.amex.com/ 

Copyright