Guggenheim Solar ETF, formerly Claymore/MAC Global Solar Energy Index ETF, seeks investment results that correspond generally to the performance of an equity index called the MAC Global Solar Energy Index (the Index). The Index consists of approximately 25 stocks selected based on the relative importance of solar power within the Company's business model, as determined by MAC Indexing LLC (the Index Provider). The Index is designed to track companies within the business segments of the solar energy industry, which include companies that produce solar power equipment and products for end users, companies that produce fabrication products (such as the equipment used by solar cell and module producers to manufacture solar power equipment) or services (such as companies specializing in the solar cell manufacturing or the provision of consulting services to solar cell and module producers) for solar power equipment producers. The Fund's investment advisor is Claymore Advisors, LLC.
Basic Details
Issuer Invesco
Fund NameInvesco Solar ETF
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:TAN
Inception Date4/15/2008
Fund ManagerPeter Hubbard, Michael Jeanette, Jonathan Nixon, Tony Seisser
Phone+1-630-5053700
Fund Focus
Asset ClassEquity
BenchmarkMAC Global Solar Energy Index
CategoryStrategy
FocusTheme
Development LevelBlended Development
RegionGlobal
Fund Statistics
Assets Under Management$508.91 million
Average Daily Volume$177,115.70
Discount/Premium0.13%
ETF Expenses
Management Fee0.50%
Other Expenses0.24%
Total Expenses0.74%
Fee Waiver-0.04%
Net Expenses0.70%
Administrator, Advisor and Custodian
AdministratorThe Bank of New York Mellon Corporation
AdvisorInvesco Capital Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorInvesco Distributors, Inc.
Transfer AgentThe Bank of New York Mellon Corporation
Trustee
Lead Market MakerJane Street
(Ad)
A U.S. congressional committee passed important legislation that enables each state to set its own policies around cannabis… This bill also allows states to expunge federal marijuana convictions and arrests. This will likely lead to federal legalization sooner than expected. Get in early and you just might be the next 'Marijuana Millionaire'...
