Claymore 1-5 Yr Laddered Government Bond ETF (CLF)
$20.24
Last Market Price: 2/3/12 4:15PM ET
($0.03) | -0.15 %
Change
Factsheet Factsheet Prospectus Prospectus

FUND SUMMARY

Claymore 1-5 Yr Laddered Government Bond ETF (TSX:CLF), seeks to provide a return based on the price and performance, before fees and expenses, of the DEX 1-5 yr Government Bond Index (“the Index”). The investment strategy of the fund is to invest in and hold the constituent securities of the index.

The ETF provides suitable investors of different sizes with the opportunity to gain exposure to a well diversified government bond portfolio, designed with staggered (“laddered”) maturity levels from one year to five year. 

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FUND STATISTICS
as of 2/3/12
Price History
  MARKET PRICE NAV
Close $20.24 $20.22
Change ($0.03) ($0.03)
52-Week High $20.54 $20.53
52-Week Low $19.86 $19.88
Bid/Ask Midpoint $20.23
Bid/Ask Premium (Discount) 0.05 %
Volume 692,307
Shares Outstanding 44,378,000
Total Managed Assets $897,474,033
Total Managed Assets (Common and Advisor) $1,017,707,665
As of September 15, 2011 volume is the daily volume summation of Toronto Stock Exchange and Alpha Trading Systems. Prior to September 15, 2011 volume displayed was that of the Toronto Stock Exchange only.  Figures are based on market close.
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TOP FUND HOLDINGS
as of 2/3/12
View All
PROV OF QUEBEC 5.500% 01-DEC-2014 4.30 %
GOVERNMENT OF CANADA 2.000% 01-DEC-2014 SER YU24 4.25 %
PROV OF ONTARIO 4.500% 08-MAR-2015 4.15 %
PROV OF ONTARIO 4.750% 02-JUN-2013 4.00 %
PROV OF BRITISH COLUMBIA 5.300% 18-JUN-2014 3.99 %
PROV OF MANITOBA 4.800% 03-DEC-2014 3.98 %
GOVERNMENT OF CANADA 4.500% 01-JUN-2015 SER XX71 3.94 %
GOVERNMENT OF CANADA 5.000% 01-JUN-2014 3.94 %
EXPORT DEVELOPMENT CANADA 5.100% 02-JUN-2014 MTN 3.92 %
GOVERNMENT OF CANADA 5.250% 01-JUN-2013 SER XM17 3.88 %
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PROFILE
Ticker Symbol (Click for Intraday Price) CLF
Exchange TSX
CUSIP 18382R100
Inception Date 1/31/08
Income Distribution Interest Income
Distribution Schedule (if any) Monthly
Management Fees 0.15 %
Management Expense Ratio (as of 6/30/11) 0.17 %
Fiscal Year-End 12/31
Investment Adviser Claymore Investments, Inc.
Index Name DEX 1-5 year Laddered Government Bond Index™
Index Provider PC Bond Analytics
RRSP, RRIF, RESP, DPSP, TFSA 100% Eligible
DRIP Offered Yes
PACC Offered Yes
SWP Offered Yes

Management Expense Ratio is the total percentage of fund assets used for administrative, management, marketing, and all other expenses.

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INDEX CHARACTERISTICS
as of 12/31/11
Number of Securities 31
Duration 2.89
Weighted Average Coupon 4.58 %
Index Yield-to-Maturity 1.32 %
Index Cash Yield 4.21 %

P/E Ratio is a harmonic weighted average and is equal to a security’s market capitalization divided by its after-tax earnings over the most recent 12-month period.

The weighted average credit quality of the bonds held in the portfolio.

The weighted average of coupons on the bonds held in the portfolio.

The total return by an investor who buys the portfolio today at the market price, assuming that the all the bonds will be held until maturity, and that all coupon and principal payments will be made on schedule. Yield to maturity is actually an estimation of future return, as the rates at which coupon payments are assumed to be the current market rates.

When a bond is callable, puttable, exchangeable, or has other features, the yield to worst is the lowest yield of yield to maturity, yield to call, yield to put, and others.

The weighted average maturity of the bonds held in the portfolio.

Duration is measure of sensitivity of bond prices to changes in interest rates assuming small parallel shifts in the interest rates. For example a portfolio with duration of 2 years, when interest rates go up 1% the portfolio value should fall 2%. As maturity increases, duration increases and the bond’s price becomes more sensitive to interest rate changes.

A measure of how the duration of a bond changes as the interest rates changes do not occur evenly along the interest rate curve or non-parallel shifts in the interest rate curve. (measure of the curvature or 2nd derivative of how the price of a bond varies with interest rate).

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DISTRIBUTION INFORMATION
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Last Distribution per Share $0.068000
Indicated Distribution Yield* 4.036 %
DRIP/PACC Price -
Date Paid 2/6/12
Next Targeted Distribution
Ex-Date 2/24/12
Record Date 2/28/12
Payable Date 3/6/12

(*) Approximate annualized distribution yield based on last distribution and most recent NAV. Information may change without notice. Actual results may vary. Distribution per unit is subject to change on the ex-distribution date.

Commissions, trailing commissions, management fees and expenses all may be associated with 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.