Claymore Investments announces the launch of the Claymore Premium Money Market ETF (CMR)

    TORONTO, Feb. 19 /CNW/ - Claymore Investments, Inc. is pleased to
announce the launch of the Claymore Premium Money Market ETF (CMR) to begin
trading today on the Toronto Stock Exchange (TSX).
    The Claymore Premium Money Market ETF is the first money market ETF in
North America and seeks to provide current income and liquidity consistent
with short-term money market rates while preserving the value of investors
initial investment. The fund invests primarily in high-quality, short-term
(generally 90 days or less) debt securities, including treasury bills and
promissory notes issued or guaranteed by Canadian governments or their
agencies, bankers acceptances and commercial paper (excluding asset-backed
commercial paper) issued by Canadian Chartered banks, loan companies, trust
companies and corporations.
    "We are excited to be rounding out our broad family of exchange traded
funds with our latest Money Market ETF. We think this ETF will meet the needs
of Canadian investors by bringing a low cost way to manage their cash
positions. Money Market interest rates today are low, and by offering a low
MER of only 0.25%, which is dramatically lower compared to other money market
funds in Canada, we are able to reduce the risk the portfolio needs to take to
provide attractive interest rates on cash to investors. We believe this is a
great innovation for investors." said Som Seif, President & CEO of Claymore
Investments, Inc.

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

    RAFI Fundamental Indexes
    CRQ    Claymore Canadian Fundamental Index ETF
    CLU    Claymore US Fundamental Index ETF (C$ hedged)
    CIE    Claymore International Fundamental Index ETF
    CJP    Claymore Japan Fundamental Index ETF (C$ Hedged)

    CWW    Claymore S&P Global Water ETF
    CMW    Claymore S&P/TSX Global Mining ETF
    COW    Claymore Global Agriculture ETF
    CLO    Claymore Oil Sands Sector ETF
    CBQ    Claymore BRIC ETF
    CEW    Claymore Equal Weight Banc & Lifeco ETF

    Monthly Income and Growth
    CDZ    Claymore CDN Dividend & Income Achievers ETF
    CYH    Claymore Global Monthly Yield Hog ETF
    CMR    Claymore Premium Money Market ETF
    FIE    Claymore Canadian Financial Monthly Income ETF

    Income/Fixed Income
    CLF    Claymore 1-5 Yr Laddered Government Bond ETF
    CPD    Claymore S&P/TSX CDN Preferred Share ETF
    CMR    Claymore Premium Money Market ETF

    Claymore CorePortfolios(TM) Series - ETF Wrap Program
    CBD    Claymore Global Balanced Income ETF
    CBN    Claymore Global Balanced Growth ETF

    GAS    Claymore Natural Gas Commodity ETF

    Like most of Claymore Investments' other current ETFs, Claymore Premium
Money Market ETF will be offering two classes of units, the Common Unit (CMR)
and Advisor Class Unit (CMR.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 December 31, 2007, Claymore entities have
provided supervision, management, servicing or distribution on approximately
$18.5 billion in assets through exchange-traded funds, closed-end funds, unit
investment trusts, mutual funds, and separately managed accounts. 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

    Commissions, trailing commissions, management fees and expenses all may
be associated with mutual fund investments. Please read the prospectus before
investing. Mutual fund securities are not covered by the Canada Deposit
Insurance Corporation or by any other government deposit insurer. There can be
no assurances that the fund will be able to maintain its net asset value per
security at a constant amount or that the full amount of your investment in
the fund will be returned to you. Past performance may not be repeated.

For further information:

For further information: For media inquiries, please contact: Janine
Waschuk, (416) 899-2617,; OR Som Seif, President, Claymore
Investments, Inc., (866) 417-4640,;

Organization Profile


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