Claymore annnounces the launch of the Claymore Advantaged High Yield Bond ETF
(TSX:CHB)
The Claymore Advantaged High Yield Bond ETF (the "Fund") has been designed to provide investors with exposure to the return and performance of a broad liquid high yield corporate bond index, the Barclays Capital U.S. High Yield Very Liquid Index ("the Index"), net of fees and expenses. The Index includes publicly issued
Given that the high yield bonds comprising the Index are priced in US dollars, the Fund intends to hedge the Fund's US dollar currency value back to the Canadian dollar, providing exposure to the bonds underlying the Index while reducing the currency risk for Canadian investors.
"High Yield bonds are a very important part of an investment portfolio for their income and diversification benefits and CHB is a simple, low cost way to obtain hedged exposure to high yield bonds on a tax-efficient basis, making it an optimal investment for income-focused investors," said Som Seif, President and CEO of Claymore.
CHB 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 S&P/TSX Canadian Dividend ETF CYH Claymore Global Monthly Advantaged Dividend ETF FIE.A 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 1-5 Yr Laddered Government Bond ETF CBO Claymore 1-5 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 the Fund 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 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]
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