Dear Professor Steele-
We are proud to announce and invite you and your school to participate in the “Spring 2008 Clear Next Generation ETF Contest”. This contest, which will begin February 25th and end April 4th, is an excellent opportunity for your students to apply their lessons from the classroom to a real world situation in the stock market. As seen in the Wall Street Journal, TheStreet.com and Fox Business, our contest has students design their own Index. If you are interested in your school participating, please email me at asharif@clearam.com. Also, to learn more about the contest, please visit our website, http://clearindexes.com/etfcontest.aspx.
Students may submit up to five index concepts. They must present the following for each index:
• Unique Strategy – not currently available as an ETF, ETN or Closed End Fund
• Description – of the unique idea and its investment thesis
• Marketing Overview - why the fund would be attractive to investors, including brokers and Institutional Investors
The Grand Prize Winner will, besides a $5,000 cash prize, be eligible for a paid internship with Clear Indexes LLC. That will provide the real-world experience of participating in the construction of their idea as it is turned into a live investment product and being present at the stock exchange for the opening bell of the winning idea!
Three Second Place Winners will each be awarded $1,000! There will also be announced 10 Honorable Mentions. The winners are determined by a committee of our investment and marketing staff and our board of advisors.
This can be a great resume builder for your students.
Our request to participate
We would like to ask that you share this opportunity with your students by either announcing this contest in class or by sending an email to them. The best way to participate, although not required, would be to include the contest as an assignment in your class or as extra credit If need be, we can provide you with a sample assignment.
We also require a contact at career services to help us distribute our materials. In addition we invite your investment clubs to collaborate to ensure success.
Students submit their ideas on the web at www.clearindexes.com/contest. Each school has its own unique entrance and FAQs are on the website.
If you have any questions or you would like to participate, please contact me by email. We look forward to submissions from your students.
Best regards,
Amber Sharif
Marketing Manager
Direct: 646-512-5683
asharif@clearam.com
Clear Indexes LLC (Clear) creates and publishes custom indexes to quantitatively measure specific market segments. The indexes are used for custom institutional benchmarks and investment product design. Clear Indexes LLC, 40 Wall Street, New York, NY 10005.