Oil Sands and Related Stocks Message Board

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Gold/Mining/Energy : Oil Sands and Related Stocks

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To: - with a K who wrote (7293)	10/26/2006 11:37:54 PM
From: - with a K	Read Replies (1) of 25575

Re: new Claymore Oil Sands ETF CLO.TO. I think anything to improve visibility and liquidity of all the oil sands plays will help us in the long term. Many investors I talk to prefer funds over individual equities for any number of reasons, even before talking about it trading on a "foreign" exchange. So I am happy to see CLO start trading but I see no reason to sell my Barclays XEG.TO, first posted about in the above link. I saw the qualificiation to be included in the CLO fund and thought it made sense. It sure seems a lot more concentrated, though (17 positions in CLO compared to 65 in XEG, I believe). XEG.TO positions: ishares.ca

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