FUND SUMMARY
The Claymore S&P/TSX Global Mining ETF (The "Fund") seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an equity index called the S&P/TSX Global Mining Index (the “Index”).
The Index comprises stocks selected based on the relative importance of the global mining industry within their business model and has a balanced representation from different segments of the mining industry consisting of five subindustries including:
- Aluminum
- Diversified Metals & Mining
- Gold
- Precious Metals & Minerals
- Coal & Consumable Fuels
To ensure investability, a developed market listing and a minimum market capitalization of US$ 300 million is required.
Fund Statistics
as of 3/11/10
| |
MARKET PRICE |
NAV |
| Close |
$20.09 |
$20.19 |
| Change |
($0.05) |
$0.10 |
| 52-Week High |
$21.65 |
$21.58 |
| 52-Week Low |
$13.38 |
$13.44 |
| Bid/Ask Midpoint |
$20.08 |
| Bid/Ask Premium (Discount) |
-0.56 % |
| Volume |
7,498 |
| Shares Outstanding |
2,677,000 |
| Total Managed Assets |
$54,044,596 |
| Total Managed Assets (Common and Advisor) |
$64,176,043 |
Price History
Figures are based on market close.
INDEX CHARACTERISTICS
as of 12/31/09
| Number of Securities | 86 |
| Average Market Capitalization | $89.3 Bil |
| Average Price/Earnings1 | 20.1 x |
| Average Price/Book2 | 1.6 x |
| Current Dividend Yield | 1.20 % |
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.
FUND COUNTRY WEIGHTINGS
as of 12/30/09
| COUNTRY | WEIGHTING |
| Australia | 38.91 % |
| Canada | 26.66 % |
| United States | 18.75 % |
| Brazil | 6.12 % |
| South Africa | 3.96% |
| India | 2.11 % |
| China | 1.18 % |
| Peru | 0.99 % |
| Papua N. Guinea | 0.95 % |
This data is subject to change on a daily basis.
RISKS AND OTHER CONSIDERATIONS
There are certain general risk factors inherent to an investment in the Claymore ETFs, including: (i) risk of error in replicating the applicable Index; (ii) risks relating to investments in equity securities; (iii) index investment strategy risk; (iv) risks relating to the performance of the Designated Brokers in relation to rebalancing of and adjustments to the applicable Index; (v) tracking error; (vi) potential difficulties in the calculation of the applicable Index and the possible termination of the calculation of the applicable Index or the applicable License Agreement; (vii) the possibility that Constituent Securities of the applicable Index may cease trading, which may impact the exchange and redemption rights of the Units; (viii) fluctuations in the NAV and NAV per Unit of the Claymore ETFs; (ix) the possibility that the Claymore ETFs will be unable to acquire or dispose of illiquid securities; (x) risks associated with the use of derivative transactions; (xi) counterparty risks associated with securities lending; (xii) the Units may trade in the market at a premium or a discount to the NAV per Unit and there can be no guarantee that Units will trade at prices that reflect their net asset value; (xiii) potential conflicts of interest; (xiv) changes in legislation, including tax legislation; (xv) changes in the taxation of the Claymore ETFs; (xvi) the potential application of the SIFT Proposals to issuers of Constituent Securities or to a Claymore ETF; (xvii) the current absence of a public trading market for the Units; (xviii) the Claymore ETF’s lack of operating history; (xix) changes in dividend policies; (xx) concentration risk; and (xxi) foreign investment risk. The mining industry can be significantly affected by supply and demand, speculation, events relating to international political and economic developments, energy conservation, commodity prices, and tax and other government regulations.
Standard & Poor’s® and S&P® are registered trademarks of The McGraw-Hill Companies, Inc., and “TSX” is a trademark of the Toronto Stock Exchange. These trademarks have been licensed for use by Claymore Investments, Inc. The Claymore S&P/TSX Global Mining ETF is not sponsored, endorsed, sold or promoted by S&P or Toronto Stock Exchange, and S&P and Toronto Stock Exchange make no representation, warranty or condition regarding the advisability of investing in the Claymore S&P/TSX Global Mining ETF.