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SVR

TRUST UNITS

As of 2/8/10
Closing Unit Price  $9.25 
Premium (Discount)  0.00% 
Closing NAV1  $9.25 
Volume  18,942 
Units Outstanding  7,119,000 
52-Week Average Premium/Discount  (7.84%) 
52 Week High/Low Unit Price  $11.40/$8.91 
52 Week High/Low NAV  $13.06/$9.19 
Intraday Trading Information  SVR.UN 
Management Fee  0.60% 
Fiscal Year-End  12/31 
Manager  Claymore Investments, Inc. 

Data subject to change on a daily basis.

HOLDINGS

As of 2/8/10
Total Managed Assets  $65,699,379 
Ounces of Silver Held  4,072,000 
Tonnes of Silver Held  115.44 
View Bar List   

Data subject to change on a daily basis.

Inception Information
TSX Symbol SVR.UN
CUSIP 18387H164
Inception Unit Price $9.50
Inception NAV $9.30
RSP Eligibility 100% Eligible

Silver London Fixing

Date:2/8/2010
Fixing rate:$15.14 USD
Source: Morningstar provided by Xignite

Silver SPOT PRICE (USD)

As Of:2/9/2010 4:33:20 AM
Bid:15.10999966 USD
Ask:15.14000034 USD
Last Call:15.125 USD
Source: Morningstar provided by Xignite

1 The NAV per Unit on any Valuation Date is calculated by dividing the Net Asset Value of the Fund on such Valuation Date by the total number of Units issued and outstanding on such Valuation Date.

Source: Morningstar provided by Xignite

INVESTMENT OBJECTIVE

The investment objective of the Fund is to replicate the price performance of silver bullion, less the Fund's expenses and fees. The Fund is not actively managed. The Fund does not anticipate making regular distributions.

The Fund invests in holdings of unencumbered, silver bullion, and will not speculate with regard to short-term changes in silver prices. All of the silver bullion purchased by the Fund will be certified either "London Good Delivery" or "COMEX Good Delivery" by the relevant vendor. This strategy provides investors with the ability to invest in silver bullion in a convenient, tradable and secure manner without the associated inconvenience and high transaction, handling, storage, insurance and other costs typical of direct silver bullion investment.

Trust Highlights

Opportunity to Capitalize on Silver with Currency Hedge against US dollar.

Easy Access and Safe Direct Investment in Silver Bullion
  • The custodian of the Trust is ScotiaMocatta. ScotiaMocatta is one of the largest custodians of Silver in the world.
  • The Silver Bullion will be stored in secure vault facilities.
Low-Cost Direct Ownership of Silver Bullion
  • Low management fee of 0.60% (which includes all operating expenses, including custody costs).
Automatic Conversion to ETF if Trading at Discount to NAV1
  • ETF structure potentially provides more efficient trading and greater liquidity.
  • Claymore was the first asset management company in Canada to create a conversion feature from a closed-end fund to an ETF and has filed a patent application in Canada for this process.
1. Commencing after January 15, 2010, if for a period of 10 consecutive trading days, the daily weighted average trading price (or, in the event there has been no trading on a particular day, the average of the closing bid and ask prices) of the Fund Units is greater than a discount of 2% of NAV per Unit for that day, there will be an automatic conversion of the Fund to an ETF.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rate of return is the historical annual compounded total return including changes in unit value and reinvestment of all distributions and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Funds are not guaranteed, their values change frequently and past performance may not be repeated.