We've already had three posts on the Claymore ETF (TAN) and here comes another one.
Ardour Capital is rolling out the index on Monday, Van Eck said they would float an ETF "in April" based on the index.
From Ardour's press release:
New Index Tracks World's Solar Energy Stocks Benchmark for Emerging Growth Sector
The Ardour Solar Energy Index (Ticker: SOLRX) of 27 global solar energy stocks will commence real-time price dissemination on Monday, April 21.
April 18, 2008 -- The Ardour Solar Energy Index (Ticker: SOLRX) of 27 global solar energy stocks will commence real-time price dissemination on Monday, April 21. Data will be available through most data vendors. Dow Jones Indexes serves as calculation agent for the indexes....
WARNING: There is a URL at the bottom of the release that appears to be incorrect/hacked. I've given Ardour a heads-up.
