New York (PRWEB) October 1, 2007
Clear Indexes LLC, which creates custom indexes for investment product design and individually tailored benchmarks for institutions, family offices, trusts and endowments, announces its quarterly rebalancing of the Clear Mid Cap Growth Index (Amex: CLRMCG).
Effective October 1, 2007, the following stocks will be added to the Clear Mid Cap Growth Index:
APTARGROUP INC,ARTHUR J GALLAGHER & CO, C H ROBINSON WORLDWIDE INC, CARMAX INC, CHOICE HOTELS INTL INC, DEVRY INC, DICKS SPORTING GOODS INC, DUN & BRADSTREET CORP, FORMFACTOR INC, FOSSIL INC, GFI GROUP INC, GRAINGER INC, HARMAN INTERNATIONAL INDS, INTERACTIVE DATA CORP, JANUS CAPITAL GROUP INC, MOLSON COORS BREWING CO, NATIONAL FUEL GAS CO, NATIONAL INSTRUMENTS CORP , PEDIATRIX MEDICAL GROUP INC, POLO RALPH LAUREN CP -CL A, ROBERT HALF INTL INC, SIGMA-ALDRICH CORP, THOMAS & BETTS CORP, US CELLULAR CORP, VALUECLICK INC, WEIGHT WATCHERS INTL INC, WELLCARE HEALTH PLANS INC, WIMM-BILL-DANN -ADR, WOODWARD GOVERNOR CO
Additionally, effective October 1, 2007, the following stocks will be removed from the Index:
ANNTAYLOR STORES CORP, AVX CORP, CROCS INC , EMCOR GROUP INC, FLOWERS FOODS INC, GUESS INC, IAMGOLD CORP, INTERSIL CORP -CL A, JONES LANG LASALLE INC, LOGITECH INTL SA, MATTEL INC , MCDERMOTT INTL INC, MENS WEARHOUSE INC, MOLEX INC, MONSTER WORLDWIDE INC, NBTY INC, NEUSTAR INC, OFFICE DEPOT INC, PAYLESS SHOESOURCE INC, POLO RALPH LAUREN CP -CL A, PRIDE INTERNATIONAL INC, ROSS STORES INC, TECHNIP, TELETECH HOLDINGS INC, TELUS CORP, TESSERA TECHNOLOGIES INC, THQ INC, URS CORP, WATSON WYATT WORLDWIDE INC
The 50 stocks in the Clear Mid Cap Growth Index are selected from the universe of mid cap growth companies based on Clear’s proprietary multifactor models.
Clear Indexes LLC has granted Claymore Advisors the rights to license the Clear Mid Cap Growth Index for the creation of the Claymore/Clear Mid Cap Growth ETF (MCG). The Fund seeks investment results that correspond generally to the performance of the Clear Mid Cap Growth Index before fees and expenses. Claymore Securities, Inc. acts as the distribution agent for the Fund. Neither Claymore Advisors nor Claymore Securities has any involvement with the ongoing administration of the Index.
About Clear Indexes LLC
Clear Indexes LLC creates and publishes custom indexes using a combination of qualitative research and quantitative methodologies. 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 http://www.clearindexes.com.