This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Save Darfur, Win Big

The Darfur divestment campaign is steadily gaining traction, and exchange-traded funds are continually slicing the investment universe into ever smaller segments in an effort to set themselves apart.

So it was only a matter of time before someone launched an ETF that seeks to tap into the American public's concern about the genocide under way in this region of Sudan.

Claymore Securities, which has turned some very offbeat ideas into ETFs, has beaten everyone to the punch. The Claymore/KLD Sudan Free Large-Cap Core (KSF) made its debut on the American Stock Exchange Monday with an initial offering price of $25.

The fund, which has an expense ratio of 0.5%, closed down 30 cents to $24.70 on its first day of trading.

The launch comes as some very large investors have been under pressure from activists to unload their holdings in two Chinese oil companies, PetroChina (PTR - Get Report) and China Petroleum and Chemical (SNP - Get Report), that do business in Sudan.

For the past four years, Sudan has enacted a scorched earth campaign against the people living in its Darfur region. The conflict has claimed more than 400,000 lives, and sent 2.3 million people fleeing their homes. Another 1 million Darfuris remain in their villages under constant threat of death.

China is the biggest foreign investor in Sudan's oil industry, and activists hope that divestment will encourage PetroChina and China Petroleum to stop doing business in the country.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DSI $76.98 0.00%
KLD $85.12 0.00%
PEP $95.95 0.00%
PTR $106.61 0.00%
SNP $77.41 0.00%


DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs