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Gold/Mining/Energy : Oil Sands and Related Stocks

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From: - with a K	10/5/2006 4:35:14 PM
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New Oilsands ETF coming? From an energy blog: New Oil Sands ETF from Claymore Posted on Oct 5th, 2006 Roger Nusbaum submits: Claymore has an oil sands ETF in the works. More information can be found at OilSandsIndex.com. The graphic below shows the companies in the index, but I could not find how the companies are weighted. It does say that the top ten comprise 74.9% of the fund, the largest (but seemingly unnamed) holding is 10.9% of the fund (click to enlarge): This was supposed to come out in Canada when Claymore listed its other ETFs last month, but seems to have been delayed and I have not been able to find a reason why nor have calls to Claymore been returned. They may have pulled it because of the correction underway in energy stocks, but that is a guess on my part. I think the theme is very important for the next ten years even if it does poorly for a few months now. If anything comes of this I will post more about it.

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