Family Office
Sabrient, Claymore offer new unit-investment trust

Claymore delivers Sabrient's "institutional-level" quantitative
strategies. Sabrient Systems will provide quantitative selection
techniques and Claymore Securities will contribute servicing
and distribution to a new joint offering unit-investment trust
(UIT) based on a 50-stock portfolio.
UITs are investment companies that hold fixed portfolios of selected stocks or bonds. At year-end 2005 there were 4,464 tax-free bond trusts, with a market value of $9.98 billion; 304 taxable bond trusts, with a market value of $2.28 billion; and 1,251 equity trusts, with a market value of $28.63 billion, according to data compiled by the Investment Company Institute.
New markets
"The Sabrient Select Growth UIT offers an opportunity to
investors who would not otherwise have the opportunity to
participate in Sabrient's institutional-level quantitative
strategies," says David Cohen, Claymore's managing director.
Claymore Securities is a privately-held investment-platform
provider. The Lisle, Ill.-based firm supervises, manages,
services or distributes around $13-billion in assets through
closed-end funds, UITs, mutual funds, separately managed accounts
and exchamge-traded funds.
Santa Barbara, Calif.-based Sabrient Systems is an independent
equity research firm provides fundamentals-based, quantitative
equity research products to large and small asset managers, hedge
funds, financial planners, and registered investment managers.
-FWR
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