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Claymore grows AUM by 22.4% in 2011
TORONTO, Jan. 6, 2012 /CNW/ - Today Claymore Investments, Inc.
(Claymore) is pleased to announce that the firm's assets under
management (AUM) have exceeded $7 billion. Claymore continues to be one
of the fastest growing asset managers in Canada due to our low cost,
intelligent family of exchange traded funds (ETFs).
"It is quite remarkable to think that six years ago we started with the
simple mission to make investing cheaper and better for Canadians, and
now we are one of the fastest growing investment firms in Canadian
history. Reaching $7 billion in AUM is a testament to the great value
that we provide investors," said Som Seif, President and CEO, Claymore Investments Inc. "We are very proud of the success of the firm and it is clear that we are
making a real impact for Canadians, with advisors and investors having
embraced our products as valuable components of their investment
Seif added, "This announcement further solidifies our position as a leader in the
Canadian investment industry. These figures reflect the strong 2011 we
had, where we continued to see strong organic asset growth in the face
of a difficult market environment. Our family of products is still very
young, but we continue to see great successes.
Claymore Canadian Fundamental Index ETF (CRQ) continues to be one of
Canada's best Canadian equity funds, ranked in top decile of all funds
over 5 years*
Claymore S&P/TSX Canadian Dividend ETF (CDZ) crossed its 5 year
performance history and is ranked in the top decile of all Canadian
dividend equity funds*
Claymore Broad Commodity ETF (CBR) crossed its 1 year performance
history in October and has provided a fantastic low volatility way to
invest in the broad commodity asset class
Claymore's 1-5 and 1-10 Year Laddered Bond ETFs continue to be Canada's
lowest cost fixed income funds**
Claymore Gold Bullion ETFs (CGL and CGL.C) continue to provide a low
cost, efficient solution to own gold bullion directly and efficiently
with a currency hedge and non-currency hedge option
Throughout 2011 Claymore continued to launch innovative and value-add
products for Canadian investors including: Claymore 1-10 Year Laddered
Government and Corporate Bond ETFs, currency hedged S&P US Dividend
Growers ETF and tax Advantaged Short Duration High Income ETF.
Additionally, in the past year, we successfully launched two very
important initiatives: ETF Central Mobile application and commission
free ETF trading program with Scotia iTRADE, the latter of which has
been recognized as the 2011 Best ETF Initiative by Morningstar.
Unlike ETFs that track traditional market-cap based indices, Claymore
ETFs are designed to track intelligent index strategies that seek to
best capture the investment potential of the asset class or market they
are invested in. Claymore's ETF lineup covers the Canadian, US, and
global core equity markets, sector strategies, dividend and
income-based strategies, fixed income, and commodity based strategies.
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 34 ETFs and 2 closed-end funds across broad asset classes
including core equity, global sectors, fixed income and commodities
with approximately $7.0 billion in assets under management as of
December 31, 2011. Claymore Investments, Inc. is a 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.
For further information about any of the Claymore ETFs or Claymore
Investments, Inc., please visit our website at www.claymoreinvestments.ca
*Source of data: Morningstar as of 10/31/11. **Management Fees for
common class units only. Advisor class units have higher management
expense ratios because of an additional service fee payable to
registered investment advisors. Commissions, 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.
SOURCE Claymore Investments, Inc.
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For media inquiries, please contact:
President and CEO, Claymore Investments, Inc.