US-based firm Claymore Securities is closing and liquidating four ETFs that trade on NYSE Arca.
The four ETFs include the Claymore/Zacks Dividend Rotation, Claymore/Zacks Country Rotation, Claymore/Beacon Global Exchanges, Brokers and Asset Mangers index, and the Claymore/Robb Report Global Luxury index fund. Claymore Securities senior managing director Steven Baffico says: "After careful evaluation of our product lineup, we believe these changes are in the best interest of our clients and shareholders." The last day of trading for the four funds will be September 10. Shareholders can sell their fund shares before the market close on this date, however after this, the funds will...
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