NY Firm Unveils Value Index Group

April 26, 2007 (PLANSPONSOR.com) - IndexIQ, a Rye Brook, New York index developer, has introduced the Active Value family of indexes.

A news release said the firm has licensed the IndexIQ Active Value Small Cap Index to   Claymore Advisors, LLC, a provider of ETF investment products, to create the Claymore/IndexIQ Small-Cap Value ETF.

IndexIQ’s Active Value methodology uses a proprietary analytical process in seeking to capture the essence of a value investing strategy in a passively managed, tax efficient index product, the company said.

“Low multiples alone do not make a stock attractive. To avoid the classic value trap, we have focused our research on identifying those companies that we believe not only hold good intrinsic value, but that are taking steps to unlock that value by investing capital to support future growth,” said Adam Patti, Chief Executive Officer of IndexIQ, in the news release.

The Claymore/IndexIQ Small-Cap Value ETF seeks investment results that correspond generally to the performance, before fees and expenses, of the IndexIQ Active Value Small Cap Index.

More information is at  www.indexiq.com .