Claymore Investments Inc. appoints investment advisor for Claymore Advantaged
High-Yield Bond Fund


TORONTO, March 26 /CNW/ - Claymore Investments, Inc. ("Claymore") as manager of Claymore Advantaged High-Yield Bond ETF (the "Fund") is pleased to announce that it has entered into an investment advisory agreement with Guggenheim Investment Management, LLC (GIM), a subsidiary of Guggenheim Partners, LLC. Under the agreement, GIM will act as the investment advisor and portfolio manager to the Fund effective March 26, 2010. Claymore will continue to act as manager of the Fund.

About Claymore Advantaged High-Yield Bond ETF

The Claymore Advantaged High-Yield Bond ETF has been designed to provide investors with exposure to the return and performance of the Barclays U.S. High-Yield Very Liquid Index (the "Index"), net of expenses. The Index includes publicly issued United States ("US") dollar denominated, non-investment grade, fixed-rate, taxable corporate bonds that are rated high-yield (Ba1/BB+/BB+ or below) using the middle rating of Moody's, S&P, and Fitch, respectively, have a remaining maturity of at least one year and have $600 million or more of outstanding face value. Given that the high yield bonds comprising the Index are priced in US dollars, the Fund hedges 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.

About Claymore Investments

Claymore Investments, Inc. is a leader in bringing intelligent, low cost exchange traded funds in Canada through its family of 26 ETFs and 2 closed-end funds with strategies across broad asset classes including core equity, global sectors, fixed income and commodities. Claymore Investments, Inc., which, as at December 31, 2009 had approximately $4.4 billion in assets under management, is a wholly-owned subsidiary of Claymore Group, Inc., a financial services and asset management company based in the Chicago, Illinois area. In aggregate, Claymore Group Inc. and its affiliates have approximately 175 employees providing supervisory, management, servicing or distribution services on approximately US$15.2 billion in assets as of December 31, 2009. Claymore Group and its associated entities, including Claymore Securities, Inc., Claymore Advisors, LLC and Claymore Investments, Inc. are wholly-owned subsidiaries of Guggenheim Partners, LLC.

About Guggenheim Partners

Guggenheim Partners, LLC is a diversified financial services firm with more than $100 billion in assets under supervision. The firm's businesses include investment management, investment advisory, insurance, investment banking and capital markets services. The firm is headquartered in Chicago and New York with a global network of offices throughout the United States, Europe and Asia. For more information, please visit

For further information about any of the Claymore funds or Claymore Investments, Inc., please contact your financial 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 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


For further information: For further information: For media inquiries, please contact: Sara Beazely, (416) 813-2007,; or Som Seif, President, Claymore Investments, Inc., (866) 417-4640,;

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