Description:
The Guggenheim Timber ETF, the "Fund", seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an equity index called the Beacon Global Timber Index (the “Index”). The Index is designed to track the performance of common stocks of global timber companies. The universe of eligible securities includes firms that own or lease forested land and harvest the timber for commercial use and sale of wood-based products, including lumber, pulp or other processed or finished goods such as paper and packaging. The Fund will normally invest at least 90% of its total assets in common stock, American depositary receipts (“ADRs”) and global depositary receipts (“GDRs”) that comprise the Index. Guggenheim Funds Investment Advisors, LLC (the “Investment Adviser”) seeks a correlation over time of 0.95 or better between the Fund’s performance and the performance of the Index. A figure of 1.00 would represent perfect correlation. [read more]
| Last Trade: |
$21.99 |
| Trade Time: |
06/19/2013 |
| Prev Close: |
$21.99 |
| Open: |
$0.00 |
| High: |
$0.00 |
| Low: |
$0.00 |
| Volume: |
0 |
| Optionable: |
No |
|
| Yield: |
1.151 |
| Annual Dividend: |
0.253 |
| Dividend Freq: |
Annually |
| Leverage: |
No |
| Inverse: |
No |
| Expense Ratio: |
0.610 |
| Inception Date: |
11/09/2007 |
|
Top 10 Holdings (28 total)
