CYH Resources

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CYH

FUND SUMMARY

Claymore Global Monthly Advantaged Dividend ETF has been designed to replicate the performance of the Zacks Global Multi-Asset Income Index, net of expenses. The Zacks Global Multi-Asset Income Index selection methodology is designed to identify global companies with potentially high income and superior risk-return profiles as determined by Zacks Investment Research, Inc. (“Zacks”). The Fund, through a Forward Agreement with the National Bank of Canada (NBF), will receive exposure to the securities that comprise the Index. The Claymore Global Monthly Advantaged Dividend ETF will hedge its exposure to U.S. dollars by entering into currency contracts with financial institutions that have an “approved credit rating” as defined in NI 81-102.

The Zacks Global Multi-Asset Income Index is comprised of approximately 250 securities selected, based on a multi-factor research investment strategy, from a universe of global companies, such as,

  • Global dividend-paying equities
  • Global Real Estate Investment Trusts (“REITs”)
  • Master Limited Partnerships (“MLPs”)
  • US Preferred Stock
  • Income Trusts

The companies in the universe are selected using a proprietary methodology developed by Zacks designed to identify companies with potentially high income and superior risk/return profiles while maintaining industry diversification. This approach is specifically designed to enhance investment applications and investability. The Zacks Global Multi-Asset Income Index is adjusted quarterly to assure timely stock selections.

ETF Forward Agreement Structure
The Fund utilizes an innovative Forward Agreement structure with the National Bank of Canada in order to provide exposure to portfolio of global securities on a tax efficient  basis. By using the Forward Agreement, the income generated by the Global Multi-Asset Income portfolio (generally foreign income) will be recharacterized and paid to Unitholders of the ETF primarily as distributions of return of capital and capital gains.

 

The above diagram is for illustrative purposes only. The forward structure is used to achieve the exposure to the Global Multi-Asset Income Index portfolio. Please see the Prospectus for further information.

Fund Statistics

as of 2/8/10

  MARKET PRICE NAV
Close $14.40 $14.13
Change $0.05 $0.02
52-Week High $16.12 $15.63
52-Week Low $8.14 $7.80
Bid/Ask Midpoint $14.47
Bid/Ask Premium (Discount) 2.38 %
Volume 16,172
Shares Outstanding 3,217,500
Total Managed Assets $45,473,740
Total Managed Assets (Common and Advisor) $65,468,676
Price History

Figures are based on market close.

INDEX CHARACTERISTICS

as of 12/31/09

Number of Securities 274
Average Market Capitalization $ 29.0 Bil
Average Price/Earnings1 15.4 x
Average Price/Books2 1.8 x
Current Dividend Yield 4.53 %

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

GEOGRAPHIC AREA WEIGHTING
United States 38.18 %
Europe 20.27 %
Emerging Markets 13.33 %
United Kingdom 12.38 %
Asia Developed 7.99 %
Canada 7.85 %

This data is subject to change on a daily basis.

Profile

Symbol (Click for Intraday Price) CYH
Exchange TSX
CUSIP 18383Y104
Fund Inception Date 1/15/08
Income Distribution Primarily Canadian Dividend Income and Capital Gains
Distribution Schedule (if any) Monthly
Management Fees 0.65 %
Fiscal Year-End 12/31
Investment Adviser Claymore Investments, Inc.
Index Name Zacks Global Multi-Asset Income Index
Index Provider Zacks Investment Research
RRSP, RRIF, RESP, DPSP, TFSA 100% Eligible
DRIP Yes
PACC Yes
SWP Yes

Portfolio Weightings

as of 2/8/2010

The Fund provides exposure to the Claymore Global Monthly Advantaged portfolio through a Forward Agreement with the National Bank of Canada.

Holding Symbol Weighting
Claymore/Multi-Asset Income Index ETF CVY 40.2 %
Claymore/Zacks International Multi-Asset Income Index ETF HGI 59.8 %

Top Fund Holdings

as of 2/8/10

PENN WEST ENERGY TRUST 2.69 %
ENERPLUS RESOURCES FUND 1.72 %
GRUPO AEROPORTUARIO DEL S 1.17 %
CPFL ENERGIA SA-ADR 1.06 %
LADBROKES PLC 0.94 %
GRUPO AEROPORTUARIO DEL PACIFICO SAB DE CV 0.93 %
BANCOLOMBIA SA 0.90 %
CHUNGHWA TELE LTD ADR WD 0.87 %
VAN KAMPEN DYNAMIC CREDIT OPPORTUNITIES FUND 0.80 %
KONINKLIJKE DSM NV 0.75 %
All Holdings

This data is subject to change on a daily basis.

CURRENT DISTRIBUTION

Ex-Date 1/26/10
Record Date 1/28/10
Payable Date 2/4/10
Distribution per Share $0.055000
Distribution History

Distribution per unit is subject to change on the ex-distribution date. Distributions, if any, will be paid on a monthly 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 Zacks Global Multi-Asset Income Index; equity risk; Index investment strategy risk; rebalancing and adjustment risk; tracking error; calculation and termination of the Zacks Global Yield Hog 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 Product is not sponsored, endorsed, sold or promoted by Zacks Investment Research, Inc. (“Licensor”). Licensor makes no representation or warranty, express or implied, regarding the advisability of investing in securities generally or in the Product particularly or the ability of the Zacks Global Multi-Asset Income Index(“Index”) to track general market performance. Licensor’s only relationship to the Claymore Advisors, LLC (“Licensee”) is the licensing of the Index which is determined, composed and calculated by Licensor without regard to the licensee or the Product. Licensor has no obligation to take the needs of the Licensee or the owners of the Product into consideration in determining, composing or calculating the Index. Licensor shall not be liable to any person for any error in the Index nor shall it be under any obligation to advise any person of any error therein.

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.