Claymore Investment announces the launch of the Claymore Advantaged Canadian
Bond ETF (TSX:CAB)
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
The Claymore Advantaged Canadian Bond ETF seeks to provide a low cost, tax-efficient exposure to a diversified Canadian bond portfolio. The return of the fund is based on the price and performance of the DEX DLUX Capped Bond Index ("the Index") net of fees and expenses. The Index is designed to track Canadian investment grade Government and corporate bonds, with target exposure allocations of 60% and 40%, respectively. The fund will receive exposure to the bond securities underlying the Index through the use of a forward agreement with TD Global Finance.
"Bonds are a very important part of an investment portfolio for income and diversification purposes and CAB is a simple, low cost way to get exposure to bonds on a tax-efficient basis. The fund is structured to provide tax-efficient income, making it an optimal investment for non-registered or taxable accounts and we are excited to be partnering with DEX, the leader in Canadian fixed income indexes, to bring this product to the market" said Som Seif, President and CEO of Claymore.
CAB joins the current family of Claymore ETFs available on theTSX:
RAFI Fundamental Indexes ------------------------ CRQ Claymore Canadian Fundamental Index ETF CLU Claymore US Fundamental Index ETF (C$ hedged) CLU.C Claymore US Fundamental Index ETF (non-hedged) CIE Claymore International Fundamental Index ETF CJP Claymore Japan Fundamental Index ETF (C$ Hedged) Monthly Income and Growth ------------------------- CDZ Claymore CDN Dividend & Income Achievers ETF CYH Claymore Global Monthly Advantaged Dividend ETF FIE Claymore Canadian Financial Monthly Income ETF International Growth --------------------- CWO Claymore Broad Emerging Markets ETF CBQ Claymore BRIC ETF Sector / Strategy ----------------- CGR Claymore Global Real Estate ETF CIF Claymore Global Infrastructure ETF COW Claymore Global Agriculture ETF CWW Claymore S&P Global Water ETF CMW Claymore S&P/TSX Global Mining ETF CLO Claymore Oil Sands Sector ETF CEW Claymore Equal Weight Banc & Lifeco ETF Income/Fixed Income ------------------- CLF Claymore 15 Yr Laddered Government Bond ETF CBO Claymore 15 Yr Laddered Corporate Bond ETF CAB Claymore Advantaged Canadian Bond ETF CPD Claymore S&P/TSX CDN Preferred Share ETF CMR Claymore Premium Money Market ETF Claymore Core Portfolios(TM)- ETF Wrap Program ---------------------------------------------- CBD Claymore Balanced Income CorePortfolio(TM) ETF CBN Claymore Balanced Growth CorePortfolio(TM) ETF Commodity --------- GAS Claymore Natural Gas Commodity ETF About Claymore Investments --------------------------
Claymore Investments, Inc. is a leader in bringing intelligent, low cost exchange traded funds in
For further information about any of the Claymore funds or Claymore Investments, Inc., please contact your financial advisor or visit our website at www.claymoreinvestments.ca
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
For more information investors should consult with their investment advisor or visit our website at www.claymoreinvestments.ca.
For further information: For further information: For media inquiries, please contact: Sara Beazely, (416) 813-2007, [email protected] -or- Som Seif, President, Claymore Investments, Inc., (866) 417-4640, [email protected]
Share this article