American Stock Exchange Lists SPDR Lehman High Yield Bond ETF
04 Décembre 2007 - 5:33PM
PR Newswire (US)
New Fund Follows U.S. High Yield Corporate Bond Market NEW YORK,
Dec. 4 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R))
today announced that it has launched trading in the SPDR Lehman
High Yield Bond ETF (AMEX:JNK) by State Street Global Advisors
(SSgA). This new ETF brings the total number of ETF listings on the
Amex to 377. "We are pleased to continue to support State Street in
building on their extensive family of ETFs," said Scott Ebner,
Senior Vice President of the Amex ETF Marketplace. "We are proud to
have been chosen to list this SPDR which is designed to offer
investors opportunities in the U.S. high yield corporate bond
market." JNK uses a passive management strategy designed to track
the total return performance of the Lehman Brothers High Yield Very
Liquid Index which measures the performance of publicly issued U.S.
dollar denominated high yield corporate bonds with above-average
liquidity. Kellogg Capital Group, LLC is the specialist for JNK and
Susquehanna Investment Group will trade options on JNK. About the
American Stock Exchange The American Stock Exchange(R) (Amex(R))
offers trading across a full range of equities, options and
exchange traded funds (ETFs), including structured products and
HOLDRS(SM). In addition to its role as a national equities market,
the Amex is the pioneer of the ETF, responsible for bringing the
first domestic product to market in 1993. Leading the industry in
ETF listings, the Amex lists 377 ETFs to date. The Amex is also one
of the largest options exchanges in the U.S., trading options on
broad-based and sector indexes as well as domestic and foreign
stocks. For more information, please visit http://www.amex.com/.
DATASOURCE: American Stock Exchange CONTACT: Bari Trontz of
American Stock Exchange, +1-212-306-8964, Web site:
http://www.amex.com/
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