Claymore 1-10 Yr Laddered Corporate Bond ETF (the “Claymore ETF”) - An application has been granted for the original listing in the Industrial category of 200,000 common units (the “Common Units”) and 50,000 advisor class units (the “Advisor Class Units”) of the Claymore ETF (collectively, the “Units”), all of which will be issued and outstanding, upon the completion of an initial public offering......
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Listing of the Units will become effective at 5:01 p.m. on Monday, October 24, 2011 in anticipation of the offering closing on Tuesday, October 25, 2011. The Units will be posted for trading at the opening on October 25, 2011.
The Claymore ETF is authorized to issue an unlimited number of redeemable, transferable Units each of which represents an equal undivided interest in the net assets of the Claymore ETF. Units of the Claymore ETF are being issued and sold on a continuous basis and there is no maximum number that may be issued.
The Claymore ETF is a trust established by Claymore Investments, Inc. (“Claymore” or the “Manager”) and has been designed to provide investors with exposure to the performance of the constituent securities of the DEX 1-10 Year Laddered Corporate Bond Index (the “Index”) by replicating, to the extent possible, the performance of the Index.
Registration of interests in, and transfers of, the Units will be made only through the Book Entry only system administered by CDS Clearing and Depository Services Inc. (“CDS”). Units must be purchased, transferred and surrendered for exchange or redemption only through a CDS Participant. Upon purchase of any Units, the owner will receive only the customary confirmation.
Stock Symbol: CBH CUSIP: 18386J 10 4 Currency: CDN$
Advisor Class Units
Stock Symbol: CBH.A CUSIP: 18386J 20 3 Currency: CDN$
Market Maker: BMO Nesbitt Burns Inc.
Other Markets: None
Source: ETFWorld - TMX