Claymore Launches Two New ETFs With Index Partners Clear Indexes and IndexIQ

  
    
  
  
    
      Claymore Securities, Inc. today announced the launch of two new Exchange 
      Traded Funds on the American Stock Exchange (AMEX) bringing the total 
      number of its U.S.- listed ETFs to 20 funds. Said Christian Magoon, 
      Senior Managing Director of Claymore, “Claymore 
      continues to expand its family of ETFs by partnering with what we 
      believe to be the leading and respected best-in-class index providers to 
      deliver investment products designed to meet the needs of advisors and 
      their clients.”
    
    
      The two new ETFs launched on the AMEX include:
    
    
      Claymore/Clear Mid-Cap Growth Index ETF (AMEX: MCG)
    
    
      The Fund seeks investment results that correspond generally to the 
      performance, before the Fund’s fees and 
      expenses, of an index called the Clear Mid-Cap Growth Index. The Index 
      is comprised of 50 stocks selected from a universe of common stocks and 
      American depositary receipts (ADRs) listed on U.S. exchanges with market 
      capitalizations typically ranging between $2 billion and $10 billion, as 
      defined by Clear Indexes LLC, the index provider. Looking at fundamental 
      and valuation metrics including sales, profit growth, leverage and 
      return on equity, the 50 highest ranking stocks are selected by the 100% 
      rules-driven Index methodology. The stocks selected are approximately 
      equally weighted and the Index rebalances on a quarterly basis.
    
    
      Claymore/IndexIQ Small-Cap Value ETF (AMEX: SCV)
    
    
      The Fund seeks investment results that correspond generally to the 
      performance, before the Fund’s fees and 
      expenses, of an equity index called the IndexIQ Active Value Small Cap 
      Index. The Index is comprised of 100 US. common stocks that are traded 
      on major U.S. exchanges with market capitalizations ranging from $400 
      million to $1.5 billion, as defined by IndexIQ, the index provider, 
      which also meet other minimum liquidity constraints. The 100 
      highest-ranking companies are selected using a quantitative rules-based 
      methodology developed to identify companies that are believed to offer 
      the greatest potential and that best reflect value-oriented 
      characteristics and a propensity to reinvest in themselves to strengthen 
      future competitive positioning. The Index is adjusted annually to ensure 
      timely stock selections.
    
    
      About Claymore Securities
    
    
      Claymore Securities, Inc. is a privately-held financial services company 
      offering unique investment solutions for financial advisors and their 
      valued clients. As of March 31, 2007, Claymore entities have provided 
      supervision, management, servicing or distribution on approximately $16 
      billion in assets through closed-end funds, unit investment trusts, 
      mutual funds, separately managed accounts and exchange-traded funds. 
      Claymore Advisors, LLC, an affiliate of Claymore Securities, serves as 
      investment adviser to the funds.
    
    
      About Clear Indexes
    
    
      Clear Indexes LLC, a subsidiary of Clear Asset Management, creates and 
      publishes custom indices using a combination of qualitative research and 
      quantitative methods. Clear designs custom indices to quantitatively 
      measure specific market segments. The indices are used for custom 
      institutional benchmarks and investment product design.
    
    
      About IndexIQ
    
    
      IndexIQ is a leading developer of sophisticated, quantitative strategies 
      designed to fuel the growth of the global investment management 
      community. The firm utilizes its pioneering, proprietary methodologies 
      to create innovative, high performance investment products for the 
      institutional, high net worth and retail investor markets.
    
    
      Important Risks and Other Considerations
    
    
      This information does not represent an offer to sell securities of funds 
      and it is not soliciting an offer to buy securities of the funds. There 
      can be no assurance that the funds will achieve their investment 
      objectives. An investment in the various Claymore ETFs is subject to 
      certain risks and other considerations. Such risks and considerations 
      include, but are not limited to:
    
    
      Investment Risk: An investment in the funds is subject to 
      investment risk, including the possible loss of the entire principal 
      amount that you invest.
    
    
      Equity Risk: The risk that the value of the securities held by 
      the funds 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 funds invests.
    
    
      Non-Correlation Risk: The fund's return may not match the return 
      of the Index for a number of reasons. For example, the Fund incurs a 
      number of operating expenses not applicable to the Index, and incurs 
      costs in buying and selling securities, especially when rebalancing the 
      fund’s securities holdings to reflect changes 
      in the composition of the Index.
    
    
      Small and Medium-Sized Company Risk: Investing in securities of 
      small and medium-sized companies involves greater risk than is 
      customarily associated with investing in more established companies. 
      These companies' stocks may be more volatile and less liquid than those 
      of more established companies. These stocks may have returns that vary, 
      sometimes significantly, from the overall stock market.
    
    
      Replication Management Index: Unlike many investment companies, 
      the funds are not "actively" managed. Therefore, it would not 
      necessarily sell a stock because the stock's issuer was in financial 
      trouble unless that stock is removed from the Index.
    
    
      Issuer-Specific Changes: The value of an individual security or 
      particular type of security can be more volatile than the market as a 
      whole and can perform differently from the value of the market as a 
      whole. The value of securities of smaller issuers can be more volatile 
      than that of larger issuers.
    
    
      Non-Diversified Fund Risk: The Fund is considered non-diversified 
      and can invest a greater portion of assets in securities of individual 
      issuers than a diversified fund. As a result, changes in the market 
      value of a single investment could cause greater fluctuations in share 
      price than would occur in a diversified fund.
    
    
      Foreign Investment Risk: The Claymore/Clear Mid-Cap Growth Index 
      ETF investments in non-U.S. issuers may involve unique risks compared to 
      investing in securities of U.S. issuers, including, among others, 
      greater market volatility than U.S. securities and less complete 
      financial information than for U.S. issuers.
    
    
      In addition to the risks described, there are certain other risks 
      related to investing in these Funds. These risks are described further 
      in the Prospectus and Statement of Additional Information.
    
    
      Investors buying or selling ETF shares on the secondary market may incur 
      brokerage costs and other transactional fees. Shares of ETFs may 
      fluctuate in price due to daily changes in trading volume. At times, 
      shares may not have a high volume of trading. Except when aggregated 
      in creation units, shares are not redeemable securities of the Fund.
    
    
      The Funds issue and redeem shares at NAV only in large blocks of 50,000 
      shares (each block of 50,000 shares is called a “creation 
      unit”) or multiples thereof. Only 
      broker-dealers or large institutional investors with creation and 
      redemption agreements, called authorized participants (“APs”), 
      can purchase or redeem these Creation Units.
    
    
      The Product(s) is not sponsored, endorsed, sold or promoted by Index 
      provider(s) (“Licensor”). 
      Licensor makes no representation or warranty, express or implied, 
      regarding the advisability of investing in securities generally or in 
      the Product(s) particularly or the ability of the Index(es) (“Index”) 
      to track general market performance. Licensor’s 
      only relationship to the Claymore Advisors, LLC is the licensing of the 
      Index which is determined, composed and calculated by Licensor without 
      regard to the Licensee or the Product(s). Licensor has no obligation to 
      take the needs of the Licensee or the owners of the Product(s) 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.
    
    
      Investors should consider the investment objectives and policies, 
      risk considerations, charges and ongoing expenses of the ETFs carefully 
      before they invest. The prospectus contains this and other information 
      relevant to an investment in the ETFs. Please read the prospectus 
      carefully before you invest or send money. For this and more 
      information, please contact a securities representative or Claymore 
      Securities, Inc., 2455 Corporate West Drive, Lisle, Illinois 60532, 
      800-345-7999 or www.claymore.com/etfs.
    
    
      NOT FDIC-INSURED • NOT BANK-GUARANTEED • 
      MAY LOSE VALUE
    
    
      Member NASD/SIPC 04/07