The American Stock Exchange Lists Five New Ameristock ETFs
July 02 2007 - 9:58AM
PR Newswire (US)
New Funds Track U.S. Treasury Indexes Owned and Compiled by Ryan
Holdings LLC and Ryan ALM, Inc. NEW YORK, July 2 /PRNewswire/ --
The American Stock Exchange(R) (Amex(R)) and Ameristock Corporation
(Ameristock) announced today the launch of trading in five new U.S.
Treasury exchange traded funds (ETFs). These five new fixed income
funds represent Ameristock's first foray into the ETF product
category. "The American Stock Exchange is proud to partner with
Ameristock on the launch of their first five ETFs," said Scott
Ebner, Senior Vice President of Amex's ETF Marketplace. "We are
pleased to have been selected to list these new products, which
enable investors to target their exposure to specific maturities in
the U.S. Treasury market." Each Ameristock/Ryan ETF seeks to track
a particular U.S. Treasury securities index owned and compiled by
Ryan Holdings LLC and Ryan ALM, Inc. The new ETFs are:
Ameristock/Ryan 1 Year U.S. Treasury ETF (Symbol: GKA) Seeks to
track, before fees and expenses, the price and yield performance of
the Ryan Adjusted 1 Year Treasury Index(TM), which is based upon
the return of a portfolio with a 2/3 weighting in the most recently
auctioned 6 month U.S. Treasury bill and a 1/3 weighting in the
most recently auctioned 2 year U.S. Treasury Note. Ameristock/Ryan
2 Year U.S. Treasury ETF (Symbol: GKB) Seeks to track, before fees
and expenses, the price and yield performance of the Ryan 2 Year
Treasury Index(TM), which is based upon the return of the most
recently auctioned 2 year U.S. Treasury Note. Ameristock/Ryan 5
Year U.S. Treasury ETF (Symbol: GKC) Seeks to track, before fees
and expenses, the price and yield performance of the Ryan 5 Year
Treasury Index(TM), which is based upon the return of the most
recently auctioned 5 year U.S. Treasury Note. Ameristock/Ryan 10
Year U.S. Treasury ETF (Symbol: GKD) Seeks to track, before fees
and expenses, the price and yield performance of the Ryan 10 Year
Treasury Index(TM), which is based upon the return of the most
recently auctioned 10-year U.S. Treasury Note. Ameristock/Ryan 20
Year U.S. Treasury ETF (Symbol: GKE) Seeks to track, before fees
and expenses, the price and yield performance of the Ryan 20 Year
Treasury Index(TM), which is based upon an equal weighting of the
most recently auctioned 10- and 30- year U.S. Treasury Note and
Bond. Kellogg Capital Group, LLC is the specialist for GKA, GKB,
GKC, GKD and GKE. Bluefin Specialists, LLC will trade options on
GKD and GKE. 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 232 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/. About Ameristock Corporation The Ameristock
Corporation (Ameristock) manages the Ameristock Fund and the
Ameristock/Ryan Treasury Exchange Traded Funds. The Funds' website
(http//http://www.ameristock.com/) includes historical performance
and a complete listing of the Funds' holdings. Ameristock is the
sister company of Victoria Bay Asset Management which manages the
United States Oil Fund, LP and the United States Natural Gas Fund,
LP. Ameristock Funds are distributed by ALPS Distributors, Inc. An
investor should carefully consider investment objectives, risks,
charges and expenses of the investment company carefully before
investing. To obtain a prospectus, which contains this and other
information, please call 800-394-5064 or visit
http://www.ameristock.com/. Please read the prospectus carefully
before investing. An investment in the Funds involves risk,
including loss of principal. There is no assurance that the
investment process will consistently lead to successful investing.
Unlike many investments, the Funds do not try to 'beat' the markets
or indexes they track, but rather match their appropriate index.
About Ryan ALM, Inc. Ryan ALM, Inc. is a research oriented firm
with two distinct divisions: ALM Research Solutions, LLC whose
mission is to build a new breed of bond indexes that are more
mathematically accurate, more liquid, more transparent and best
represent the client objective(s); and Ryan ALM Advisers, LLC whose
mission is to manage assets based on proprietary financial models
which produce a low cost, low risk strategy that best meet the
client objective(s). Ryan ALM was founded by Ronald J. Ryan the
former Director of research for Lehman Brothers who designed most
of the popular Lehman bond indexes. Ron was also the founder and
President of Ryan Labs, a bond index fund manager. AME000152 exp.
8/30/2007 DATASOURCE: American Stock Exchange CONTACT: Bari Trontz
of American Stock Exchange, +1-212-306-8964, ; or Katie Rooney of
Ameristock Corporation, +1-818-206-8148, Web site:
http://www.amex.com/
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