Friday, July 6, 2007

Cashing In


While it remains to be seen if targeted divestiture strategies will succeed in pressuring countries to behave, one thing is clear, the process of restricting finances to companies operating within countries guilty of sponsoring terrorism and genocide can be quite lucrative for social investing proponents. Claymore Securities has partnered with KLD to launch the Claymore/KLD Sudan Free Large Cap Core ETF (KSF). The new ETF has an expense ratio of 0.50%. Assets will likely flood in as more state governments pass divestment legislation. Read more by following the link to thestreet.com.

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