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| Greece Bailout 2010 |
If Greece DefaultsCaught underneath a massive amount of debt, the country of Greece was against the ropes in early 2010 with some economists putting the size of the necessary bail-out package above $25 billion. A very large number of the investments by the SEA ETF are made in the securities of Greek shippers such as Diana Shipping. |
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Claymore Shipping ETFIn June 2010 Claymore re-introduced its shipping index fund as the Claymore Shipping ETF. Because ETFs are traded on the exchange, fund prices can vary throughout the trading day. This intraday liquidity makes the fund attractive to traders as well as investors looking to hold their shares long enough to qualify for long term capital gains treatment. |
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