Claymore ETFs bow on NYSE

Claymore Securities Inc. launched three exchange traded funds that are based on Morningstar Super Sector Indexes on the New York Stock Exchange. The Information Super Sector Index ETF (MZN) tracks an equity index, which is designed to identify and track companies in industries that support the exchange of ideas and information as a basis for commerce. The Services Super Sector Index ETF (MZO) tracks an equity index, which is designed to identify and track companies in industries whose main source of revenue comes from the provision of services. The Manufacturing Super Sector Index ETF (MZG) tracks an equity index, which is designed to identify and track companies in industries that process raw materials into physical goods that are sold into industrial and consumer markets. Each index is reconstituted in June and December and each ETF carries an expense ratio of 0.40%. The Lisle, Ill.-based money manager has provided supervision, management, servicing or distribution on more than $17 billion in assets as of July 31.