Clear Indexes Announces Launch of First Global Indexes to Track Exchanges and Vaccines

Investors profit from the "Rich getting Richer" and the growing need for vaccines to eradicate diseases.

New York, NY (PRWEB) July 11, 2007 -- Clear Indexes LLC announced the launch today of the Clear Global Exchanges, Brokers and Asset Management Index and the Clear Global Vaccine Index -- the first known global benchmarks to track the growth of wealth and vaccines. To mark the occasion, Andrew Corn, founder and CEO of Clear Asset Management, will participate today in the opening bell ceremony on the trading floor of the American Stock Exchange. Clear Indexes, www.clearindexes.com, is a subsidiary of Clear Asset Management Inc, www.clearam.com.

The two new Clear indexes, both of which address underserved global investment opportunities, have been licensed to Claymore Securities, Inc. for trading as ETFs. The funds seek investment results that correspond generally to the performance, before the fund's fees and expenses, of each of the following indexes:

•    Claymore/Clear Global Exchanges, Brokers and Asset Management Index (ETF on AMEX: EXB) -- comprised of 100 stocks traded on developed market exchanges, American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) and selected from a global universe of companies whose primary business activities include the operation of securities exchanges, brokerages or asset management firms. The index is re-balanced semi-annually.

•    Claymore/Clear Global Vaccine Index (ETF on AMEX: JNR) -- comprised of approximately 40 stocks selected from a universe of common stocks traded on developed market exchanges, ADRs and GDRs of companies that research, develop, manufacture, license or market vaccines.

"These new indexes extend our mandate for investors to benefit from a new breed of investment products that express a value-added investment thesis," said Corn. "Vaccines represent an underserved area with significant growth opportunities, while exchanges, brokers, and asset managers represent the growth of wealth worldwide."

Research shows that the top 20% of high and ultra high-net-worth individuals in terms of assets and income globally account for almost half of the money invested in the capital markets, according to Corn. "Leveraging the global growth in wealth, the Clear Global Exchanges, Brokers and Asset Management Index allows investors to profit from the fact that the 'rich are getting richer', and much of that growth is through their participation in the capital markets," said Corn.

The Clear Global Vaccine Index seeks to benefit from the increased global attention to the need for new and more effective vaccines. "It is cheaper to prevent a disease than cure it, which is why the recent G8 summit in Germany saw member countries pledge $60 billion to fight infectious diseases in Africa, Corn said. "Vaccines are also getting more attention with the reemergence of diseases like polio that were once thought eradicated."

The Clear Global Exchanges, Brokers and Asset Management Index is comprised of three equal parts of exchanges, brokers and asset managers. It uses a modified market cap weighting method so that no stock represents more than 5% of assets. For the constituents and weightings of the Clear Global Exchanges, Brokers and Asset management Index, effective June 15, 2007, please see http://clearindexes.com/INDX.aspx?INDX=CGE&sub=3.

The Clear Global Vaccine Index uses a modified market cap weighting method so that no stock represents more than 5% of assets. For the constituents and weightings of the Clear Global Vaccine Index, effective April 2, 2007, please see http://clearindexes.com/INDX.aspx?INDX=CGL&sub=3

Clear Indexes LLC was established in 2006 to design indexes based on investment themes and asset classes that were previously unavailable to most investors. In addition to the two new indexes, Clear has created a Clear Spin-Off Index and a Clear Mid Cap Index, both licensed to Claymore as ETFs (AMEX: CSD and AMEX: MCG).

About Clear Indexes LLC

Clear Indexes LLC creates and publishes custom indexes using a combination of qualitative research and quantitative methods. Clear Indexes designs custom indexes to quantitatively measure specific market segments. The indexes are used for custom institutional benchmarks and investment product design. Clear Indexes is a wholly-owned subsidiary of Clear Asset Management Inc. For more information, please see www.clearindexes.com and www.clearam.com.

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