Accretive Licenses Bulletshares™ USD Corporate Bond Indices To Claymore Advisors, LLC

Accretive Asset Management LLC today announced it has licensed ten BulletShares™ USD Corporate Bond Indices to Claymore Advisors, LLC to serve as the basis for a series of exchange-traded funds.
 
June 4, 2010 - PRLog -- Accretive Asset Management LLC today announced it has licensed ten BulletShares™ USD Corporate Bond Indices to Claymore Advisors, LLC to serve as the basis for  a series of exchange-traded funds. The indices covered by the licensing arrangement are based on Accretive’s patent-pending BulletShares™ indexing methodology and are designed to provide maturity targeted exposure to the U.S. investment grade corporate bond market.

Licensed Indices                                                   Ticker       Yahoo    Bloomberg.com
BulletShares™ USD Corporate Bond 2011 Index   BSCBB    ^BSCBB  BSCBB:IND
BulletShares™ USD Corporate Bond 2012 Index   BSCBC    ^BSCBC  BSCBC:IND
BulletShares™ USD Corporate Bond 2013 Index   BSCBD    ^BSCBD  BSCBD:IND
BulletShares™ USD Corporate Bond 2014 Index   BSCBE    ^BSCBE  BSCBE:IND
BulletShares™ USD Corporate Bond 2015 Index   BSCBF    ^BSCBF   BSCBF:IND
BulletShares™ USD Corporate Bond 2016 Index   BSCBG    ^BSCBG  BSCBG:IND
BulletShares™ USD Corporate Bond 2017 Index   BSCBH    ^BSCBH  BSCBH:IND
BulletShares™ USD Corporate Bond 2018 Index   TBA           TBA        TBA
BulletShares™ USD Corporate Bond 2019 Index   TBA           TBA        TBA
BulletShares™ USD Corporate Bond 2020 Index   TBA           TBA        TBA

“We are excited to partner with Claymore to make our innovative fixed income indexing methodology available to the investing public,” said Darrin DeCosta, Head of Product Development for Accretive. “This licensing arrangement reflects Accretive’s commitment to creating financial products that help financial advisors better serve their clients.”
Each BulletShares™ USD Corporate Bond Index tracks a diversified basket of bonds with the same annual maturity and is designed to have a cash flow profile similar to that of an individual held-to-maturity bond. Investment products based on BulletShares™ Indices can be used like individual bonds to create everything from simple laddered portfolios to highly customized portfolios that address the lifestyle-driven needs of particular investors.

“We developed the BulletShares™ indexing methodology based on feedback we received from financial advisors who told us they appreciated the customization and return of capital feature afforded by individual bonds, but were concerned about the concentration risk associated with investments in undiversified portfolios ,” said Mr. DeCosta. “We believe the BulletShares™ indexing methodology combines the best attributes of investing in bonds and bond funds.”

Performance and constituent data, along with other descriptive statistics for BulletShares™ USD Corporate Bond Indices are available at http://www.accretiveasset.com
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