TORONTO, March 6, 2012 /CNW/ - Claymore Investments, Inc. ("Claymore"), the manager of various exchange-traded funds and closed-end funds (collectively, the "Claymore Funds"), is pleased to announce that today, securityholders of the following Claymore Funds approved the proposed acquisition of Claymore by BlackRock, Inc. (the "Acquisition"):
| Claymore 1-10 Yr Laddered
Corporate Bond ETF
|Claymore China ETF|| Claymore S&P US
Dividend Growers ETF
| Claymore Advantaged Convertible
|Claymore Global Real Estate ETF|| Claymore S&P/TSX Canadian
| Claymore Balanced Growth
| Claymore Inverse 10 Yr Government
| Big Bank Big Oil Split Corp. (Class A
| Claymore Balanced Income
| Claymore Japan Fundamental Index
ETF C$ hedged
| Claymore Canadian Fundamental
|Claymore Natural Gas Commodity ETF|
As a result, securityholders of all of the Claymore Funds have approved the Acquisition. Obtaining the approval of securityholders of the Claymore Funds whose assets under management as of December 31, 2011 exceeded 80% of the aggregate assets under management of all Claymore Funds as of December 31, 2011 is one of several conditions to completing the Acquisition, which is expected to close in March 2012.
Claymore Investments, Inc. ("Claymore") is a leader in bringing intelligent, low cost exchange-traded funds to Canada through its family of exchange-traded and closed-end funds across broad asset classes including core equity, global sectors, fixed income and commodities. With approximately $7.4 billion in assets under management as of January 31, 2012, Claymore is a subsidiary of Guggenheim Funds Services Group, Inc., a financial services and asset management company based in the Chicago, Illinois area and is an indirect subsidiary of Guggenheim Partners, LLC, a global, diversified financial services firm with more than $125 billion in assets under supervision.
For further information:
about Claymore or the Claymore Funds, please visit our website at www.claymoreinvestments.ca.
For media inquiries, please contact:
Claymore Investments, Inc.