Are you acquainted with the name of Claymore Securities? If you are not, let me make you familiar with some of its facets. Claymore Securities, Inc., in brief, proffers strategic investment solutions for financial advisors and their valued clients. What’s more, in the form of an innovator in exchange-traded funds (ETFs), unit investment trusts (UITs) and closed-end funds (CEFs), Claymore frequently lead its peers with original investment strategy solutions. Now the same Claymore Securities has brought to the fore an ETF suite intended to track three of Wilshire Associates\' broad market indexes: the Wilshire 5000 Total Market ETF, the Wilshire 4500 Completion ETF and the Wilshire US REIT ETF.
It is to be noted that the Wilshire Indexes, developed by Wilshire Associates Incorporated, ("Wilshire(R)"), happens to be a worldwide independent investment and consulting services firm, have been in existence for over 35 years and are used at length by institutional and active money managers as performance benchmarks.
Speaking on the new approach, William Belden, Managing Director, Claymore Securities, Inc., stated in clear terms, "This is an exciting addition to our growing portfolio of ETF products, extending our line-up into broad-based domestic equities." "Leveraging the expertise of Wilshire and their widely followed indexes, investors now have an opportunity to access the U.S. equity and REIT markets with the inherent benefits of ETF investing--efficiency, transparency and flexibility."
"We are delighted to be working with Claymore to launch these products," said Dennis A. Tito, founder Chairman and Chief Executive Officer of Wilshire Associates, recognized for the development of the Wilshire 5000 in 1974 "Utilizing Wilshire\'s investment technology and performance measurement heritage, we created the Wilshire 5000 index as a tool for our institutional investment professionals and their clients to measure, understand and explain the market. Each index developed since that time was created to measure a specific section of the securities market in a way that was meaningful for investors," he noted.
"The Wilshire indexes are designed to give investors a Pure and Complete(SM) measure of the market without arbitrary rules and restrictions that introduce biases," said David L. Hall, Senior Managing Director, Wilshire Associates. "Through these ETFs, investors now have an efficient way to gain total market exposure and access to the institutional-level expertise for which Wilshire is known."