Claymore Investments announces the launch of the Claymore S&P Global Water ETF on TSX



    TORONTO, June 4 /CNW/ - Claymore Investments, Inc. is pleased to announce
the launching of the Claymore S&P Global Water ETF (TSX: CWW) to begin trading
today on the Toronto Stock Exchange (TSX). The Claymore S&P Global Water ETF
is comprised of a group of companies distributed equally among two distinct
clusters of water-related businesses: (i) Water Utilities & Infrastructure and
(ii) Water Equipment & Materials.
    "We are excited about the launch of this new ETF that seeks to provide
exposure to the global water industry," said Som Seif, President and CEO of
Claymore Investments, Inc., Canada. "We believe nothing is more essential than
water and the need for more reliable sources is very strong. We believe the
increasingly tighter supply of clean, fresh water is driving greater
infrastructure spending in the sector and may create good opportunities for
long-term investors".
    The Claymore S&P Global Water ETF (TSX: CWW) seeks investment results
that correspond generally to the performance, before the Fund's fees and
expenses, of an equity index called the S&P Global Water Index. The index is
comprised of 50 equity securities selected from a universe of companies listed
on global developed market exchanges and based on the relative importance of
the global water industry within those companies' business models. The index
is designed to have a balanced representation from different segments of the
water industry consisting of the following two clusters: 25 Water Utilities
and Infrastructure companies (water supply, water utilities, waste water
treatment, water, sewer and pipeline construction, water purification, water
well drilling and water testing) and 25 Water Equipment and Materials
companies (water treatment chemicals, water treatment appliances, pumps and
pumping equipment, fluid power pumps and motors, plumbing equipment,
totalizing fluid meters and counting devices) based upon Standard & Poor's
Capital IQ ("CIQ) industry classification.
    Companies included in the Index have market capitalizations ranging from
US$250 million to US$25 billion. The Index is rebalanced annually.


    
    CWW joins the current family of Claymore ETFs available on the TSX:

    -------------------------------------------------------------------------
    Ticker   Fund Name                       Summary
    -------------------------------------------------------------------------
    CRQ      Claymore Canadian Fundamental   Designed to give investors
              Index ETF                       exposure to largest Canadian
                                              blue-chip equities based on
                                              fundamental value

    CLU      Claymore US Fundamental Index   Designed to provide exposure to
              ETF (C$ hedged)                 the US market on a currency
                                              hedged basis through
                                              investments in blue-chip
                                              companies.

    CIE      Claymore International          Designed to track the top non-US
              Fundamental Index ETF           listed companies with the
                                              largest fundamental value

    CJP      Claymore Japan Fundamental      Designed to track the top
              Index ETF (C$ Hedged)           Japanese companies with the
                                              largest fundamental value

    Sector/Strategy
    -----------------
    CBQ      Claymore BRIC ETF               Designed to provide exposure to
                                              the Brazil, Russia, India and
                                              China markets.

    CLO      Claymore Oil Sands Sector ETF   Designed to give investors
                                              exposure to companies that are
                                              highly focused on Oil Sands
                                              production

    FIE      Claymore Canadian Financial     Designed to provide a balanced
              Monthly Income ETF              approach to the Canadian
                                              Financial sector

    CWW      Claymore S&P Global Water ETF   Designed to track an index of
                                              companies in global water-
                                              related businesses.

    Income and Growth
    -----------------
    CDZ      Claymore CDN Dividend & Income  Designed to provide a high level
              Achievers ETF                   of dividend and income by
                                              investing in companies that
                                              have a record of sustaining and
                                              growing distributions.

    CPD      Claymore S&P/TSX CDN Preferred  Designed to provide investors an
              Share ETF                       investable benchmark
                                              representing the Canadian
                                              preferred share market

    RFI      Claymore Canadian Fundamental   Designed to provide broad
              100 Monthly Income ETF          exposure to the Canadian Equity
                                              Market
    -------------------------------------------------------------------------
    

    Like Claymore Investments' other current ETFs, Claymore S&P Global Water
ETF, will be offering two classes of units, the Common Unit (CWW) and Advisor
Class Unit (CWW.A).

    About Claymore Investments

    Claymore Investments, Inc. is responsible for the administration and
management of the ETFs. Claymore is a wholly owned subsidiary of Claymore
Group, Inc., a financial services and asset management company based in the
Chicago, Illinois area. As of April 30, 2007, Claymore entities have provided
supervision, management, servicing or distribution on approximately $17
billion in assets through closed-end funds, unit investment trusts, mutual
funds, separately managed accounts and exchange-traded funds. Claymore
Advisors, LLC, an affiliate of Claymore Securities, serves as investment
adviser to the funds.

    For more information investors should consult with their investment
advisor or visit our website at www.claymoreinvestments.ca.

    The Claymore S&P Global Water Index ETF and its Shares are not sponsored,
endorsed, sold or promoted by Standard & Poor's and its affiliates ("S&P").
S&P makes no representation, condition or warranty, express or implied, to the
shareholders of the Fund or any member of the public regarding the
advisability of investing in securities generally or in the Fund particularly
or the ability of the S&P Global Water Index to track general stock market
performance. S&P's only relationship to the Investment Adviser is the
licensing of certain trademarks and trade names of S&P and of the S&P Global
Water Index, which is determined, composed and calculated by S&P without
regard to the Investment Adviser or the S&P Global Water Index ETF. S&P has no
obligation to take the needs of the Investment Adviser or the shareholders of
the Fund into consideration in determining, composing or calculating the S&P
Global Water Index. S&P is not responsible for and has not participated in the
determination of the prices of the Shares of the Fund or the timing of the
issuance or sale of such Shares or in the determination or calculation of the
equation by which the Shares are to be converted into cash. S&P has no
obligation or liability in connection with the administration, marketing, or
trading of the Fund or its Shares.
    S&P and the Investment Adviser do not guarantee the accuracy and/or the
completeness of the Index or any data included therein, and S&P and the
Investment Adviser shall have no liability for any errors, omissions or
interruptions therein. S&P and the Investment Adviser make no warranty,
condition or representation express or implied, as to results to be obtained
by the Fund, owners of the Shares of the Fund or any other person or entity
from the use of the Index or any data included therein. S&P and the Investment
Adviser make no express or implied warranties representations or conditions,
and expressly disclaim all warranties or conditions of merchantability or
fitness for a particular purpose or use and any other express or implied
warranty or condition with respect to the Index or any data included therein.
Without limiting any of the foregoing, in no event shall S&P or the Investment
Adviser have any liability for any special, punitive, direct, indirect or
consequential damages (including lost profits) arising out of matters relating
to the use of the Index or any data included therein even if notified of the
possibility of such damages.
    There is no assurance the Fund will achieve its investment objective.
Past performance does not guarantee future results. Index returns do not
represent Fund returns. The Index performance results are hypothetical.
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 further information:

For further information: Som Seif, President, Claymore Investments,
Inc., (866) 417-4640, info@claymoreinvestments.ca, www.claymoreinvestments.ca

Organization Profile

CLAYMORE INVESTMENTS, INC.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890