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Claymore ETFs Now Offers Exposure to International Small-Caps.


Claymore/BNY Mellon International Small Cap LDRs ETF ETF

See Exchange Traded Fund.


ETF

See exchange-traded fund (ETF).
 (NYSE Arca For other uses of "ARCA", see ARCA.

NYSE Arca, previously known as ArcaEx, an abbreviation of Archipelago Exchange, is an entirely online securities exchange on which both stocks and options are traded.
: XGC XGC Xps to Gdi Conversion
XGC X-Box Game Controller
)

LISLE, Ill. -- Claymore Securities Inc. today announced the effectiveness of changes to the Claymore/Great Companies Large-Cap Growth Index ETF (NYSE Arca: XGC) (the "Fund") as approved by the Fund's Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. . The Fund's name is now the Claymore/BNY Mellon International Small Cap LDRs ETF and it will seek investment results that correspond generally to the performance, before the Fund's fees and expenses, of The Bank of New York Mellon The Bank of New York Mellon Corporation (NYSE: BK), is a global financial services company formed on 1 July 2007 as result of the merger of The Bank of New York and Mellon Financial Corporation.  Small Cap Select ADR Index ADR Index

A market-capitalization-weighted index that tracks all depositary receipts traded on the New York Stock Exchange, the American Stock Exchange, and Nasdaq.
 (the " Index"). The Index provides investors with broad exposure to international small-cap companies as defined by The Bank of New York Mellon. The Fund's ticker symbol Ticker Symbol

An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors
 and CUSIP CUSIP

See: Committee on Uniform Securities Identification Procedures


CUSIP

See Committee on Uniform Securities Identification Procedures.
 remain unchanged.

"We believe this change expands our product offering into an opportune space for long-term growth oriented investors: international small cap companies," noted Christian Magoon, President of Claymore Securities.

The Fund's Board of Trustees also approved a revised Advisory Agreement for the Fund that reduces the advisory fee. With this change, the Fund will pay the Investment Adviser a unitary management fee at an annual rate of 0.45% of the Fund's average daily net assets Net assets

The difference between total assets on the one hand and current liabilities and noncapitalized long-term liabilities on the other hand.


net assets

See owners' equity.
. Previously the Fund employed an expense cap of 0.65%.

The Index is comprised of US-listed American depositary receipts American Depositary Receipt (ADR)

Certificates issued by a US depository bank, representing foreign shares held by the bank, usually by a branch or correspondent in the country of issue.
 ("ADRs"), global depositary receipts ("GDRs"), New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Shares and Global Registered Shares, based on liquidity of companies worldwide, excluding the United States and Canada. For initial inclusion, constituents must have a market capitalization Market Capitalization

A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap.
 ranging from $250 million to $2.0 billion. As of June 30, 2009, the Index consisted of 100 securities with a market capitalizations ranging between $282 million and $3.1 billion. The five largest country weights as of the same date were Brazil 23.55%, China 22.93%, United Kingdom 6.00%, Chile 5.82% and Australia 5.73%. For additional information about the Claymore/BNY Mellon International Small Cap LDRs ETF please see www.claymore.com/etf/fund/xgc.

About Claymore Securities

Claymore Securities, Inc. is a privately-held financial services company offering unique investment solutions for financial advisors and their valued clients. Claymore entities have provided supervision, management, servicing and/or distribution on approximately $12.9 billion in assets, as of June 30, 2009. Claymore currently offers closed-end funds, unit investment trusts and exchange-traded funds. Additional information on Claymore's exchange-traded funds is available by calling 888.WHY.ETFS ETFS Engage, Transact, Fulfill, Service (customer relationship management)  (888.949.3837) or visiting www.claymore.com/ETFs. Claymore Advisors, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, an affiliate of Claymore Securities, Inc., serves as investment adviser to the Fund.

About The Bank of New York Mellon

The Bank of New York Mellon is the leading depositary bank, managing substantially more sponsored Depositary Receipt programs than any other depositary bank in the world. They currently issue Depositary Receipts for more than 2,250 programs with companies from 70 countries. Their leadership in the Depositary Receipts industry is exemplified by their appointment as depositary bank for 65 percent of all public sponsored Depositary Receipt programs. Their overall success is based upon our unique, value-added services; technologically advanced securities servicing operating capabilities; a specialized approach to each market they service; and personalized administrative support and overall commitment to securities servicing. Additional information is available at www.bnymellonadr.com.

Risks Considerations:

Investors should consider the following risk factors and special considerations associated with investing in the Fund, which may cause you to lose money, including the entire principal amount that you invest. Equity Risk: The risk that the value of the securities held by the Fund will fall due to general market and economic conditions, perceptions regarding the industries in which the issuers of securities held by the Fund participate, or factors relating to specific companies in which the Fund invests. Foreign Investment Risk: Investing in non-U.S. issuers may involve unique risks such as currency, political, and economic risk, as well as less market liquidity, generally greater market volatility and less complete financial information than for U.S. issuers. Investment in securities of issuers based in developing or "emerging market" countries entails all of the risks of investing in securities of non-U.S. issuers, as previously described, but to a heightened degree. Currently a significant percentage of the Index is comprised of securities of companies from China and Brazil. China Exposure Risk: From time to time, certain of the companies comprising the Index that are located in China may operate in, or have dealings with, countries subject to sanctions or embargoes imposed by the U.S. government and the United Nations and/or in countries identified by the U.S. government as state sponsors of terrorism State Sponsors of Terrorism is a designation applied by the United States Department of State to nations who are designated by the Secretary of State "to have repeatedly provided support for acts of international terrorism. . Micro- and Small-Sized Company Risk: Investing in securities of these companies involves greater risk as their stocks may be more volatile and less liquid than investing in more established companies. In addition, the Fund is also subject to Non-Correlation Risk, Replication Management Risk, Issuer-Specific Changes and Non-Diversified Fund Risk. Please read the Fund's prospectus for more detailed information on these risks and considerations.

Investors should consider the investment objectives and policies, risk considerations, charges and expenses of any investment product carefully before investing. The prospectus contains this and other relevant information. Investors should read the prospectus carefully before investing or sending money. For this and more information, please contact a securities representative or Claymore Securities, Inc.

"BNY BNY Bank of New York  Mellon", and "The Bank of New York Mellon Small Cap Select ADR Index" are service marks of The Bank of New York Mellon Corporation (the "Bank") and have been licensed for use for certain purposes by the Investment Adviser. The Fund is not sponsored, endorsed, sold or promoted by The Bank of New York Mellon (BNY Mellon) ("Licensor"). Licensor makes no representation or warranty, express or implied, regarding the advisability of investing in securities generally or in the Fund particularly or the ability of The Bank of New York Mellon Small Cap Select ADR Index ("Index") to track general market performance. Licensor's only relationship to the Licensee is the licensing of the Index which is determined, composed and calculated by Licensor without regard to the Licensee or the Fund. Licensor has no obligation to take the needs of the Licensee or the owners of the Fund 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. Please refer to the prospectus for a full disclaimer.

NOT FDIC FDIC

See: Federal Deposit Insurance Corporation


FDIC

See Federal Deposit Insurance Corporation (FDIC).
 - INSURED * NOT BANK - GUARANTEED * MAY LOSE VALUE

Member FINRA/SIPC 7/09
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Publication:Business Wire
Date:Jul 27, 2009
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