CJP Resources

CJP

FUND SUMMARY

The Claymore Japan Fundamental Index ETF C$ Hedged has been designed to replicate the performance of the FTSE RAFI Japan C$ Hedged Index. 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 sales (five-year average total sales)
  • book equity value (current period book equity value)

The Claymore Japan Fundamental Index ETF C$ Hedged 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. The Claymore Japan Fundamental Index ETF C$ Hedged will hedge its exposure to Japanese currency to reduce foreign currency return risks for Canadian investors.

Fund Statistics

as of 2/8/10

  MARKET PRICE NAV
Close $8.88 $8.89
Change ($0.22) ($0.11)
52-Week High $10.35 $10.06
52-Week Low $7.05 $7.19
Bid/Ask Midpoint $8.86
Bid/Ask Premium (Discount) -0.32 %
Volume 2,536
Shares Outstanding 2,507,055
Total Managed Assets $22,283,851
Total Managed Assets (Common and Advisor) $22,885,008
Price History

Figures are based on market close.

INDEX CHARACTERISTICS

as of 12/31/09

Number of Securities 278
Average Market Capitalization $27.19 Bil
Average Price/Earnings1 30.8 x
Average Price/Book2 1.2 x
Current Dividend Yield 2.04 %

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.

Profile

Symbol (Click for Intraday Price) CJP
Exchange TSX
CUSIP 18383P103
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 Japan C$ Hedged 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

TOYOTA MOTOR CORP 4.73 %
NISSAN MOTOR CO 2.95 %
SONY CORP 2.90 %
HONDA MOTOR CO JPY50 2.55 %
MITSUBISHI UFJ FINANCIAL GROUP 2.40 %
CANON INC JPY50 2.31 %
NOMURA HOLDINGS INC 2.07 %
SUMITOMO MITSUI FINANCIAL GROUP INC 2.04 %
MATSUSHITA ELECTRIC INDUSTRIAL CO LTD 2.00 %
TOSHIBA CORP 1.91 %
All Holdings

This data is subject to change on a daily basis.

Top Sectors

as of 2/8/10

SECTOR WEIGHTING
Industrials 26.03 %
Consumer Discretionary 20.48 %
Financials 16.92 %
Information Technology 12.41 %
Utilities 5.39 %
Materials 5.24 %
Consumer Staples 5.06 %
Telecommunication Services 3.29 %
Energy 2.60 %
Health Care 2.58 %
All Sectors

The 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 $0.070000
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 Japan Canadian Dollar Hedged Index; Equity Risk; Index Investment Strategy Risk; Tracking Error; Rebalancing and Adjustment Risk; Calculation and Termination of the FTSE RAFI Japan Canada Dollar Hedged 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.