Claymore Securities, Inc. today launched the Claymore/Robb Report
Global Luxury Index ETF (NYSE:ROB) on the New York Stock Exchange.
The new ETF tracks an index that is designed to capture the
opportunity created by companies whose primary business is the
provision of global luxury goods and services. According to the
World Wealth Report 2007 issued by CapGemini and Merrill Lynch, the
number of millionaires in the world has doubled in the past 10
years. According to research conducted by CurtCo Robb Media, LLC,
analysts anticipate that because of the continued growth and
considerable disposable income of these HNWIs, luxury goods and
services companies will continue to enjoy greater pricing power,
creating margin-expansion opportunities and fueling further profit
growth. According to Telsey Advisory Group, a leading independent
equity research and consulting firm, the $150 billion global luxury
goods market is projected to grow 6-7% annually over the next five
years. �The Robb Report has defined luxury for over 30 years,� says
Christian Magoon, Senior Managing Director, and head of the ETF
Group for Claymore Securities, Inc. �We believe this Index
represents some of the finest luxury brands, goods and services in
the world and with the introduction of the Claymore/Robb Report
Global Luxury Index ETF, investors can now access the global luxury
market in an efficient and transparent ETF. Our partnership with
CurtCo Robb Media, LLC continues the tradition of access to
innovation that we feel distinguishes Claymore ETFs from other ETF
providers.� �The emergence of luxury goods and services is an
important and growing sector in the global economy,� said Bill
Curtis, Chief Executive Officer of CurtCo Robb Media, LLC, which
owns Robb Report and a stable of other leading magazine brands
catering to high-net worth consumers. �Our index is the first
global index of its kind and we see it as a natural brand
extension, one that underscores Robb Report as the preeminent brand
in the global luxury goods and services marketplace and a critical
link between the companies that sell such products and the
consumers who buy them.� The Claymore/Robb Report Global Luxury
Index ETF (NYSE:ROB) seeks investment results that correspond
generally to the performance, before the Fund�s fees and expenses,
of an equity index called the Robb Report Global Luxury Index (the
�Index�). The Index is comprised of no fewer than 20 and up to 100
equity securities traded on major global developed market
exchanges, as well as American depositary receipts (�ADRs�) and
global depositary receipts (�GDRs�) of companies whose primary
business is the provision of global luxury goods and services.
These may include retailers, manufacturers (which may include
automobiles, boats, aircraft, and consumer electronics), travel and
leisure firms, and investment and other professional services
firms. The designation of such firms as �luxury� is determined by
the publisher of the Robb Report magazine, CurtCo Robb Media, LLC
(the �Robb Report� or the �Index Provider�). All stocks in the Robb
Report Global Luxury Index are selected from the global investable
universe of companies whose primary business is the provision of
global luxury global goods and services, as determined by the Index
Provider. The index constituents are weighted using a modified
market cap weighting methodology, and the index rebalances
annually. About Claymore Securities Claymore Securities, Inc. is a
privately-held financial services company offering unique
investment solutions for financial advisors and their valued
clients. As of June 30, 2007, Claymore entities have provided
supervision, management, servicing or distribution on more than $17
billion in assets through closed-end funds, unit investment trusts,
mutual funds, and exchange-traded funds. Claymore Advisors, LLC, an
affiliate of Claymore Securities, serves as investment adviser to
the Claymore ETFs. About CurtCo Robb Media LLC CurtCo Robb Media
LLC is the Index provider. CurtCo Media, an affiliate of CurtCo
Robb Media LLC, serves the ultra-luxury market with a network of
leading lifestyle publications, including Robb Report, an acclaimed
journal of connoisseurship, as well as Worth, ShowBoats
International, Art & Antiques, The Robb Report Collection, Robb
Report Luxury Home, Robb Report Vacation Homes, Robb Report
MotorCycling, Robb Report Home Entertainment, Robb Report Luxury
Resorts, Robb Report Luxury Hotels, Robb Report Russia, Robb Report
Sports & Luxury Automobile, San Diego, Gulfshore Life, and
Sarasota magazines. New publications in 2007 include Robb Report
Vertical Living and The Robb Report Watch Collector. Risks and
Considerations Investors should consider the following risk factors
and special considerations associated with investing in the Fund,
which may cause you to lose money. Investment Risk: an investment
in the Fund is subject to investment risk, including the possible
loss of the entire principal amount that you invest. Equity Risk: A
principal risk of investing in the Fund is equity risk, which is
the risk that the value of the securities held by the Fund will
fall due to general market and economic conditions, perceptions
regarding the industries in which the issuers of securities held by
the Fund participate, or factors relating to specific companies in
which the Fund invests. For example, an adverse event, such as an
unfavorable earnings report, may depress the value of equity
securities of an issuer held by the Fund; the price of common stock
of an issuer may be particularly sensitive to general movements in
the stock market; or a drop in the stock market may depress the
price of most or all of the common stocks and other equity
securities held by the Fund. In addition, common stock of an issuer
in the Fund�s portfolio may decline in price if the issuer fails to
make anticipated dividend payments because, among other reasons,
the issuer of the security experiences a decline in its financial
condition. Common stock is subordinated to preferred stocks, bonds
and other debt instruments in a company�s capital structure, in
terms of priority to corporate income, and therefore will be
subject to greater dividend risk than preferred stocks or debt
instruments of such issuers. In addition, while broad market
measures of common stocks have historically generated higher
average returns than fixed income securities, common stocks have
also experienced significantly more volatility in those returns.
Luxury Risk: The success of companies that sell luxury goods and
services may depend heavily on the disposable household income and
consumer spending of a relatively small segment of the general
population, rather than the consumer population as a whole. Changes
in consumer taste among such segment of the population can also
affect the demand for, and success of, luxury goods and services in
the marketplace. Consumer spending on luxury goods and services can
also be adversely affected as a result of declines in consumer
confidence levels, even if prevailing economic conditions are
favorable. In an economic downturn, consumer discretionary spending
levels generally decline, often resulting in disproportionately
large reductions in the sale of luxury goods and services. Foreign
Investment Risk: The Fund�s investments in non-U.S. issuers may
involve unique risks compared to investing in securities of U.S.
issuers, including, among others, greater market volatility than
U.S. securities and less complete financial information than for
U.S. issuers. In addition, adverse political, economic or social
developments could undermine the value of the Fund�s investments or
prevent the Fund from realizing the full value of its investments.
Financial reporting standards for companies based in foreign
markets differ from those in the United States. Finally, the value
of the currency of the country in which the Fund has invested could
decline relative to the value of the U.S. dollar, which may affect
the value of the investment to U.S. investors. In addition, the
underlying issuers of certain depositary receipts, particularly
unsponsored or unregistered depositary receipts, are under no
obligation to distribute shareholder communications to the holders
of such receipts, or to pass through to them any voting rights with
respect to the deposited securities. Non-Correlation Risk: The
Fund�s return may not match the return of the Index for a number of
reasons. For example, the Fund incurs a number of operating
expenses not applicable to the Index, and incurs costs in buying
and selling securities, especially when rebalancing the Fund�s
securities holdings to reflect changes in the composition of the
Index. The Fund may not be fully invested at times, either as a
result of cash flows into the Fund or reserves of cash held by the
Fund to meet redemptions and expenses. If the Fund utilizes a
sampling approach or futures or other derivative positions, its
return may not correlate as well with the return on the Index, as
would be the case if it purchased all of the stocks in the Index
with the same weightings as the Index. Small and Medium-Sized
Company Risk: Investing in securities of small and medium-sized
companies involves greater risk than is customarily associated with
investing in more established companies. These companies� stocks
may be more volatile and less liquid than those of more established
companies. These stocks may have returns that vary, sometimes
significantly, from the overall stock market. Replication
Management Risk: Unlike many investment companies, the Fund is not
�actively� managed. Therefore, it would not necessarily sell a
stock because the stock�s issuer was in financial trouble unless
that stock is removed from the Index. Issuer-Specific Change: The
value of an individual security or particular type of security can
be more volatile than the market as a whole and can perform
differently from the value of the market as a whole. The value of
securities of smaller issuers can be more volatile than that of
larger issuers. Non-Diversified Fund Risk: The Fund is considered
non-diversified and can invest a greater portion of assets in
securities of individual issuers than a diversified fund. As a
result, changes in the market value of a single investment could
cause greater fluctuations in share price than would occur in a
diversified fund. In addition to the risks described above, there
are certain other risks related to investing in ETFs. These risks,
as well as additional risks specific to a particular ETF, are
described further in each ETF�s respective prospectus. Please read
the prospectus for more detailed information Claymore ETFs are
listed on the AMEX or the NYSE, depending on the ETF listing, the
same way as shares of a publicly-traded company. This Claymore ETF
is listed on the NYSE. Claymore ETFs can be purchased through most
brokerage accounts. They can be bought and sold throughout the day
on the AMEX or the NYSE, depending on the ETF listing, during
normal trading hours. The Fund issues and redeems Shares at NAV
only in large blocks of 200,000 Shares (each block of 200,000
Shares called a �Creation Unit�) or multiples thereof. As a
practical matter, only broker-dealers or large institutional
investors with creation and redemption agreements and called
Authorized Participants (�APs�) can purchase or redeem these
Creation Units. The investors buying or selling ETF shares on the
secondary market may incur brokerage costs and other transactional
fees. Shares of ETFs may fluctuate in price due to daily changes in
trading volume. At times, shares may not have a high volume of
trading. Except when aggregated in Creation Units, Shares are not
redeemable securities of the Funds. Deliveries of Fund securities
to redeeming investors generally will be made within three business
days. Due to the schedule of holidays in certain countries,
however, the delivery of in-kind redemption proceeds may take
longer than three business days after the day on which the
redemption request is received in proper form. In such cases, the
local market settlement procedures will not commence until the end
of the local holiday periods. See the Fund�s SAI for a list of the
local holidays in the foreign countries relevant to the Fund. The
Claymore/Robb Report Global Luxury Index ETF and its Shares are not
sponsored, endorsed, sold or promoted by CurtCo Robb Media, LLC,
Robb Report Magazine and its affiliates (�Licensor�). Licensor
makes no representation or warranty, express or implied, to the
shareholders of the Fund or any member of the public regarding the
advisability of investing in or trading securities generally or in
the Fund particularly or the ability of the Robb Report Global
Luxury Index to track general stock market performance. Licensor�s
only relationship to the Investment Adviser is the licensing of
certain trademarks and trade names of Licensor and of the Robb
Report Global Luxury Index, which is determined, composed and
calculated solely by Licensor without regard to Investment Adviser
or the Claymore/Robb Report Global Luxury Index ETF. Licensor has
no obligation to take the needs of the Investment Adviser or the
shareholders of the Fund into consideration in determining,
composing or calculating the Robb Report Global Luxury Index.
Licensor is not responsible for and has not participated in the
determination of the prices of the Shares of the Fund or the timing
of the issuance or sale of such Shares or in the determination or
calculation of the equation by which the Shares are to be converted
into cash. Licensor has no obligation or liability in connection
with the administration, marketing, or trading of the Fund or its
Shares. Investors should consider the investment objectives and
policies, risk considerations, charges and ongoing expenses of the
ETFs carefully before they invest. The prospectus contains this and
other information relevant to an investment in the ETFs. Please
read the prospectus carefully before you invest or send money. For
more information, please contact a securities representative or
Claymore Securities, Inc., 630-463-4000. www.claymore.com/etfs. NOT
FDIC - INSURED - NOT BANK - GUARANTEED - MAY LOSE VALUE Claymore
Securities, Inc. - 2455 Corporate West Drive - Lisle, Illinois
60532 1-800-345-7999 - www.claymore.com Member NASD/SIPC 07/07
Claymore Securities, Inc. Member NASD/SIPC 07/07
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