Claymore Launches Canada's First Broadly Diversified Commodity ETF

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TORONTO, Oct. 13 /CNW/ - Claymore Investments, Inc. ("Claymore"), a leading provider of intelligent exchange‐traded funds ("ETFs") in Canada, is pleased to announce the launch of the Claymore Broad Commodity ETF (CBR:TSX).

The Claymore Broad Commodity ETF seeks investment results that correspond generally to the total return (before fees and expenses) of the Auspice Broad Commodity Total Return Index, which is designed to benefit from upward trends in the broad commodity futures markets while at the same time minimizing downside risk during downtrends.

"We are continually striving to bring new investment products that provide investors with the opportunity to access important asset classes in an intelligent, low cost and transparent manner.  Commodities have proven to become an important asset class for diversifying portfolio risks and returns. Their historically low correlation to stocks and bonds, along with their high correlation to inflation, makes commodities even more important in today's market environment" said Som Seif, President & CEO of Claymore Investments, Inc.  "This product is Canada's first broad commodity ETF, and brings an intelligent investment strategy to the commodity market while also hedging the currency exposure".

The Claymore Broad Commodity ETF has closed the offering of their initial units and will begin trading on the Toronto Stock Exchange when it opens this morning.

About Claymore Investments, Inc.

Claymore Investments, Inc. is a leader in bringing intelligent, low cost exchange-traded funds in Canada through its family of 29 ETFs and 2 closed-end funds across broad asset classes including core equity, global sectors, fixed income and commodities with approximately $5.0 billion in assets under management as of September 30, 2010.  Claymore Investments, Inc. is wholly-owned subsidiary of Guggenheim Partners, LLC, 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 market 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.ca

Commissions, management fees and expenses may be associated with an investment in an exchange-traded fund ("ETF"). Investors should consider the investment objectives, 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
[phone]
[email protected]

-or-

Som Seif
President and CEO, Claymore Investments, Inc.
[phone]
[email protected]
www.claymoreinvestments.ca