Hi, I own shares of Claymore BRIC ETF (CBQ) and iShares CDN MSCI EAFE 100% Hedged to CAD Dollars Index Fund (XIN) for international diversification. Are these a hold or would I be better only holding your best buys?
Claymore Investments, Inc., is the wholly owned Canadian subsidiary of Chicago-based Claymore Group Inc. The Canadian branch now offers five exchange-traded funds (ETFs) trading on the Toronto exchange.
All of the funds aim to combine what Claymore sees as the advantages of passive investment in an index, along with active management to eliminate stocks from the index that it expects to perform poorly.
The funds use varying degrees of mathematically formulated models or quantitative investment methodologies which the managers see as a systematic approach to equity selection, portfolio monitoring and portfolio management.
In our view, quantitative modeling such as Claymore is using for its funds is likely to detract from the long-term returns of the funds, compared to returns that come over long periods from investing with an eye on investment quality.
A: Claymore BRIC ETF, $19.35, symbol CBQ on Toronto, (Shares outstanding: 5.1 million; Market cap: $97.9 million) seeks to replicate the performance of the BNY (Bank of New York)…
Privacy Policy and Terms of Use
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Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
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Legal Notices and Disclaimers
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