CIE Resources

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CIE

Fund Summary

The Claymore International Fundamental Index ETF has been designed to replicate the performance of the FTSE RAFI Developed ex US 1000 Index, which comprises the top 1,000 non US-listed companies with the largest fundamental value. The index weights constituents using four accounting factors, rather than market capitalization. These four factors include:
  • total cash dividends (five-year average of all regular and special distributions)
  • free cash flow (five-year average cash flow)
  • total salestotal sales (five-year average total sales)
  • book equity value (current period book equity value)
The FTSE RAFI Developed ex US 1000 Index represents 25 separate country/regional indices from Europe, Australasia and the Far East. The Claymore International Fundamental Index ETF offers the advantages of an active management strategy with the highlights of a passive investment: lower turnover costs and transparent rules-based selection, while retaining high investment capacity. By using these factors rather than market cap to weight stocks, Fundamental Indexation takes advantage of price movements by reducing the index’s holdings in constituents whose prices have risen relative to other constituents, and increasing holdings in companies whose prices have fallen behind. In addition, Fundamental Indexation decreases exposure to high P/E stocks during episodes of unsustainable P/E expansion. Therefore, this approach seeks to avoid over-exposure to the more overvalued stocks.

Fund Statistics

as of 2/8/10

  MARKET PRICE NAV
Close $13.20 $13.07
Change $0.07 $0.00
52-Week High $15.39 $15.19
52-Week Low $9.23 $9.30
Bid/Ask Midpoint $13.10
Bid/Ask Premium (Discount) 0.19 %
Volume 14,360
Shares Outstanding 6,626,672
Total Managed Assets $86,607,903
Total Managed Assets (Common and Advisor) $97,267,571
Price History

Figures are based on market close.

Index Characteristics

as of 12/31/09

Number of Securities 1005
Average Market Capitalization $52.15 Bil
Average Price/Earnings1 23.47 x
Average Price/Book2 1.88 x
Current Dividend Yield 2.75 %

1 Price/Earnings is a valuation ratio of a company's current share price compared to its per-share earnings.

2 A ratio used to compare a stock's market value to its book value. It is calculated by dividing the current closing price of the stock by the latest quarter's book value per share.

Top Fund Country Weightings

as of 12/31/09

COUNTRY WEIGHTING
Europe 52.38%
UK 19.62%
Japan 13.87%
Asia Developed 8.94%
Canada 5.18%

This data is subject to change on a daily basis.

Profile

Symbol (Click for Intraday Price) CIE
Exchange TSX
CUSIP 18385H208
Fund Inception Date 2/14/07
Income Distribution Primarily Foreign Dividend Income
Distribution Schedule (if any) Quarterly
Management Fees 0.65 %
Fiscal Year-End 12/31
Investment Adviser Claymore Investments, Inc.
Index Name FTSE RAFI Developed ex US 1000 Index
Index Provider FTSE RAFI
RRSP, RRIF, RESP, DPSP, TFSA 100% Eligible
DRIP Yes
PACC Yes
SWP Yes

Top Fund Holdings

as of 2/8/10

CLAYMORE JAPAN FUNDAMENTAL (COMMON) 14.85 %
CLAYMORE CANADIAN FUNDAMENTAL INDEX (COMMON) 5.63 %
ING GROEP N.V. 2.96 %
HSBC HOLDINGS PLC 2.01 %
BP PLC 1.84 %
VODAFONE GROUP PLC 1.45 %
DAIMLER AG 1.20 %
BANCO SANTANDER CENTRAL HISPANO SA 1.14 %
ROYAL DUTCH SHELL PLC A SHS 1.07 %
AXA 1.03 %
All Holdings

This data is subject to change on a daily basis.

Top Sectors

as of 2/8/10

SECTOR WEIGHTING
Financials 30.55 %
Unclassified 20.49 %
Industrials 9.48 %
Materials 8.16 %
Consumer Discretionary 7.53 %
Energy 7.02 %
Telecommunication Services 5.40 %
Consumer Staples 4.79 %
Utilities 3.26 %
Health Care 2.11 %
All Sectors

This data is subject to change on a daily basis.

CURRENT DISTRIBUTION

Ex-Date 12/24/09
Record Date 12/30/09
Payable Date 1/7/10
Distribution per Share $0.060000
Distribution History

Distribution per unit is subject to change on the ex-distribution date. Distributions, if any, will be paid on a quarterly basis.

RISKS AND OTHER CONSIDERATIONS

There is no assurance the Fund will achieve its investment objective. Past performance does not guarantee future results. Index returns do not represent Fund returns. 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.

An investment in the Fund will be subject to certain risk factors, including: there can be no assurance that the Fund will be able to achieve its distribution or total return objectives; Risk of Error in Replicating the FTSE RAFI Developed ex 1000 Index; Equity Risk; Index Investment Strategy Risk; Tracking Error; Rebalancing and Adjustment Risk; Calculation and Termination of the FTSE RAFI Developed ex 1000 Index; Cease Trading of Constituent Securities; Illiquid Securities; Use of Derivative Instruments; Securities Lending; Trading Price of Units; Potential Conflicts of Interest; Changes in Legislation; Taxation of the Fund; Absence of an Active Market for the Units and Lack of Operating History.

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.