FUND SUMMARY
The Claymore Global Agriculture ETF (the "Fund") seeks to provide investment results that generally correspond to the performance of the MFC Global Agriculture Index (the "Index"), less fees and expenses.
The Index seeks to provide long-term capital appreciation by investing in equity and equity-related securities involved in the agricultural sector. MFC employs a proprietary quantitative multi-factor bottom-up selection process to select and weight the top companies involved in the agricultural sector.
Fund Statistics
as of 3/11/10
| |
MARKET PRICE |
NAV |
| Close |
$18.86 |
$18.99 |
| Change |
($0.03) |
$0.08 |
| 52-Week High |
$20.03 |
$20.02 |
| 52-Week Low |
$14.87 |
$14.84 |
| Bid/Ask Midpoint |
$18.91 |
| Bid/Ask Premium (Discount) |
-0.42 % |
| Volume |
28,257 |
| Shares Outstanding |
12,362,000 |
| Total Managed Assets |
$234,756,585 |
| Total Managed Assets (Common and Advisor) |
$268,605,387 |
Price History
Figures are based on market close.
INDEX CHARACTERISTICS
as of 12/31/09
| Number of Securities | 35 |
| Average Market Capitalization | $18.52 Bil |
| Average Price/Earnings1 | 19.8 x |
| Average Price/Book2 | 2.3 x |
| Current Dividend Yield | 1.30 % |
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 |
| United States | 46.06 % |
| Canada | 14.83 % |
| Japan | 7.77 % |
| Switzerland | 7.71 % |
| Chile | 5.99 % |
| Brazil | 4.93 % |
| Mexico | 4.38 % |
| China | 4.34 % |
| Netherlands | 3.99 % |
| Cayman Islands | 1.32 % |
This data is subject to change on a daily 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 replication the MFC Global Agriculture Index; equity risk; Index investment strategy risk; rebalancing and adjustment risk; tracking error; calculation and termination of the MFC Global Agriculture Index; risk that the constituent securities may cease trading; fluctuations in NAV; illiquid securities risk; use of derivative transactions; counterparty risks associated with securities lending; trading price of units; potential conflicts of interest; changes in legislation, including tax legislation; taxation of the Fund; absence of an active public trading market for the Units; lack of an operating history; changes in dividend policies, foreign investment risk and interest rate risk.
The units of the Fund are not sponsored, endorsed, sold or promoted by MFC. MFC makes no representation, condition or warranty, express or implied, to the owners of the Fund or any member of the public regarding the advisability of investing in securities generally or in the units of the Fund particularly or the ability of the Index to track market performance of global agriculture stock. MFC’s relationship to Claymore is the licensing of certain trademarks and the licensing of the Index, which is determined, composed and calculated by MFC without regard to Claymore or the Fund. MFC has no obligation to take the needs of Claymore or the owners of the Fund into consideration in determining, composing or calculating the Index.