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Press release from CNW Group


Monday, April 04, 2011

CLAYMORE SHORT DURATION HIGH INCOME ETF PROVIDES NOTICE TO UNITHOLDERS17:28 EDT Monday, April 04, 2011/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/TORONTO, April 4 /CNW/ - (TSX:CSD) (TSX:CSD.A) Claymore Investments, Inc. as manager of the Claymore Short Duration High Income ETF (the "Fund") hereby announces and provides notice that it will be amending the Fund's trust agreement to change the name of the Fund to the Claymore "Advantaged" Short Duration High Income ETF and to authorize the Fund to create and issue an unlimited number of U.S. dollar denominated (non-hedged) Common Class Units, Advisor Class Units and Institutional Class Units (in addition to the unlimited number of Canadian dollar denominated (hedged) Common Class, Advisor Class Units and Institutional Class Units it is currently authorized to issue). Certain incidental amendments will also be made to the trust agreement as a result of the changes described above. The amendments to the trust agreement are expected to become effective on or about May 4, 2011.The Fund has been created to maximize total returns for unitholders, consisting of both tax efficient monthly distributions and capital appreciation, and to preserve capital.  Distributions are intended to be tax efficient when compared to units of a trust that depends solely on interest, dividend and/or other investment income to pay for distributions.About Claymore Investments, Inc.Claymore Investments, Inc. ("Claymore") is a Canadian leader in bringing intelligent, low cost exchange-traded funds in Canada through its family of 30 ETFs and 2 closed-end funds across broad asset classes including core equity, global sectors, fixed income and commodities with approximately $6.0 billion in assets under management as of February 28, 2011. Claymore Investments, Inc. is a wholly-owned subsidiary of Guggenheim Funds Services Group, Inc., a financial services and asset management company based in the Chicago, Illinois area and an indirect subsidiary of Guggenheim Partners, LLC, ("Guggenheim") a global, diversified financial services firm with more than $100 billion in assets under supervision. Guggenheim, through its affiliates, provides investment management, investment advisory, insurance, investment banking, and capital markets services. The firm is headquartered in Chicago and New York with a global network of offices throughout the United States, Europe, and Asia.For further information about any of the Claymore ETFs or Claymore Investments, Inc., please visit our website at www.claymoreinvestments.caCommissions, management fees and expenses may be associated with an investment in an exchange-traded fund ("ETF"). Investors should consider the investment objectives and policies, risk considerations, charges and ongoing expenses of an ETF before investing. Please read the prospectus carefully before you invest. For a copy of the prospectus or more information, please contact your IIROC registered advisor or Claymore Investments, Inc.For further information: For media inquiries, please contact: Dan Rubin Vice-President, Marketing (416) 813-2018 -or- Som Seif President and CEO, Claymore Investments, Inc. (866) 417-4640