About Claymore Securities

Claymore Securities, Inc. is a privately held financial services company offering unique investment solutions for financial advisors and retail investors alike. Claymore is an innovator in exchange-traded funds (ETFs), unit investment trusts (UITs) and closed-end funds (CEFs), is often the first-to-market provider of creative investment vehicles. In total, Claymore entities have provided supervision, management, and/or servicing on approximately $13.3 billion in assets as of September 30, 2009. Led by a seasoned and experienced management team, Claymore brings together what it believes to be best-in-class asset managers and index providers to create innovative investment solutions that are used to establish strategic partnerships with investment professionals.

INVESTMENT SOLUTIONS: ACCESS TO INNOVATION

CLAYMORE ETFs
Unlike ETFs that track traditional indices representing market participation, the indices Claymore ETFs track seek to best capture the investment potential of innovative strategies and are designed by what Claymore believes to be best-in-class index providers. Each product is designed to fill a specific need, often providing unique investment ideas within underutilized or ordinarily unavailable markets. Claymore ETFs represent both domestic and global portfolios that encompass a variety of style allocations from large-, mid- and small-cap equity to broad market, aggregate and short-term bond among others.

ETFs offer a variety of benefits for investors including a high level of liquidity, flexibility and transparency of holdings. ETFs are portfolios of securities that trade like individual stocks on major stock exchanges. They are constructed to, before expenses, track the holdings and performance of a defined index of securities and enable investors to purchase a cost-efficient and varied portfolio of securities. Claymore ETFs can be purchased through most brokerage accounts and can be bought and sold throughout the day on the AMEX or NYSE Arca, depending on the ETF listing, during normal trading hours.

UNIT INVESTMENT TRUSTS (UITs)
Claymore offers more than 40 unit investment trusts in a wide array of asset classes including domestic and global equity, taxable and municipal income, as well as theme, sector and multi-asset portfolios. UITs are fixed portfolios of stocks, bonds or other types of securities. UIT portfolios typically remain static through the stated life of the trust. Like mutual funds, UITs are generally regarded as liquid investments and enable investors to access a varied portfolio of securities with a relatively low minimum investment. Each Claymore UIT is created based on a stated investment objective. The trust sponsor selects the securities for and also determines the mandatory life of the trust.

CLOSED-END FUNDS
Claymore is a pioneer in closed-end funds, bringing to market a variety of unique strategies not previously available in a closed-end fund structure. Claymore's closed-end funds are listed on the New York Stock Exchange and feature a wide range of investment strategies for income oriented investors. Strategies include covered calls, convertible securities, municipal bonds, preferred stocks and equity income portfolios among others.