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Press release from CNW Group


Thursday, May 19, 2011

CLAYMORE INVESTMENTS ANNOUNCES THE LAUNCH OF U.S. DOLLAR UNITS OF THE CLAYMORE ADVANTAGED SHORT DURATION HIGH INCOME ETF08:35 EDT Thursday, May 19, 2011NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, May 19 /CNW/ - Claymore Investments, Inc., a leading provider of intelligent exchange‐traded funds ("ETFs") in Canada, is pleased to announce the launch of the common and advisor class U.S. dollar units of the Claymore Advantaged Short Duration High Income ETF (TSX:CSD.U/CSD.V).The Claymore Advantaged Short Duration High Income ETF 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 distributions."Since its launch in March, CSD has proven to be a very well received investment strategy, and has since received significant requests for a US dollar version of the fund. By launching the new U.S. dollar units, we are providing investors the ability to choose to invest with either a currency hedge or directly in U.S. dollars, giving investors' greater flexibility." said Som Seif, President & CEO of Claymore Investments, Inc. "Currency hedged or US dollar units, the strategy of the fund is an ideal way to enable investors to lower their portfolio duration, without sacrificing yield."The Claymore Advantaged Short Duration High Income ETF has closed the initial offering of their U.S. dollar units and the U.S. dollar units will begin trading on the Toronto Stock Exchange when it opens this morning.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 over $6.4 billion in assets under management as of April 30, 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