Thu 14 Dec 2006
Here’s another unique and compelling ETF… the Claymore/Sabrient Stealth Fund (STH). The stated purpose:
The objective of the [fund] is to actively represent a group of stocks that are ?flying under the radar screen? of Wall Street?s analysts, but which have displayed robust growth characteristics that give them the potential to outperform on a risk-adjusted basis the Russell 2000? Index and other small-cap-oriented benchmark indices.
So they shop for small, good companies that have no Wall Street coverage. The fund is only three months old, but they have a sister index that back-tests the idea several years back.
If you’re an active trader and want some good ideas in the mid-cap range, they also list the ETF’s holdings and update it every day.