Home > WIW and Certain Claymore-Advised ETFs Announce Results of Special Meeting of Shareholders
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WIW and Certain Claymore-Advised ETFs Announce Results of Special Meeting of Shareholders

January 21st, 2010

meeting-etfs1Western Asset/Claymore Inflation-Linked Opportunities & Income Fund (“WIW”) and the Claymore-advised exchange-traded funds listed below (the “ETFs” and, collectively with WIW, the “Funds”) are pleased to announce that the proposals applicable to the Funds and listed below received necessary shareholder approval at the Joint Special Meeting of Shareholders held on January 12, 2010. Specifically:

  • For WIW, shareholders approved (i) a new investment advisory agreement between WIW and Claymore Advisors, LLC (“Claymore”), (ii) a new investment management agreement between Claymore and Western Asset Management Company (“Western”), (iii) a new investment management agreement among Claymore, Western and Western Asset Management Company Pte. Ltd. (Singapore), (iv) a new investment management agreement among Claymore, Western and Western Asset Management Company Limited (London), and (v) a new investment management agreement among Claymore, Western and Western Asset Management Company Ltd. (Japan).
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  • For Claymore/Zacks Country Rotation ETF (“CRO”), Claymore/Beacon Spin-Off ETF (“CSD”), Claymore/Beacon Global Timber Index ETF (“CUT”), Claymore/Zacks Mid-Cap Core ETF (“CZA”), Claymore/Sabrient Defensive Equity Index ETF (“DEF”), Claymore/Sabrient Insider ETF (“NFO”), Claymore/Ocean Tomo Patent ETF (“OTP”), Claymore/Sabrient Stealth ETF (“STH”) and Claymore/BNY Mellon International Small Cap LDRs ETF (“XGC”), shareholders of each ETF approved a new investment advisory agreement between Claymore Exchange-Traded Fund Trust or Claymore Exchange-Traded Fund Trust 2, as applicable, and Claymore on behalf of each ETF.

WIW entered into a new investment advisory agreement with Claymore, Claymore entered into a new investment management agreement with Western, and Claymore and Western entered into new investment management agreements with each of the aforementioned Western affiliates. Claymore Exchange-Traded Fund Trust or Claymore Exchange-Traded Fund Trust 2, as applicable, on behalf of each ETF listed above, entered into a new investment advisory agreement with Claymore. Each such agreement became effective upon the date of shareholder approval.

Claymore Advisors, LLC, an affiliate of Claymore Securities, Inc., serves as the Funds’ Investment Adviser. 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 or servicing on approximately $15.2 billion in assets, as of December 31, 2009. Claymore currently offers closed-end funds, unit investment trusts and exchange-traded funds. Registered investment products are sold by prospectus only and investors should read the prospectus carefully before investing. For more information regarding the Funds, please visit www.claymore.com.

This information does not represent an offer to sell securities of the Funds and it is not soliciting an offer to buy securities of the Funds. An investment in any investment product is subject to certain risks and other considerations, including the possible loss of the entire principal amount you invest. There can be no assurance that any investment product will achieve its investment objectives. An investment in non-U.S. issuers involves risks that are in addition to the risks associated with domestic issuers; and therefore, may be subject to additional currency, political, economic, and market risks. The net asset value of the Funds will fluctuate with the value of the underlying securities. It is important to note that closed-end funds trade on their market value, not net asset value, and closed-end funds often trade at a discount to their net asset value. See www.claymore.com for a detailed discussion of fund-specific risks.

 

Certain Claymore-Advised CEFs and ETFs Announce Adjournment of Joint Special Meeting of Shareholders

The following Claymore-advised exchange-traded funds (“ETFs”) and closed-end funds (“CEFs” and, collectively with the ETFs, the “Funds”) announce that the joint special meeting of shareholders of the Funds, scheduled for January 12, 2010, has been adjourned and will reconvene on February 2, 2010 at 2:00 p.m. CST at 2455 Corporate West Drive, Lisle, IL 60532:

Exchange-Traded Funds:

Ticker   Fund Name

CGW

 

Claymore S&P Global Water Index ETF

CVY

 

Claymore/Zacks Multi-Asset Income Index ETF

EEB

 

Claymore/BNY Mellon BRIC ETF

EEN

 

Claymore/BNY Mellon EW Euro-Pacific LDRs ETF

ENY

 

Claymore/SWM Canadian Energy Income Index ETF

EXB

 

Claymore/Beacon Global Exchanges, Brokers & Asset Managers Index ETF

FAA

 

Claymore/NYSE Arca Airline ETF

FRN

 

Claymore/BNY Mellon Frontier Markets ETF

HAO

 

Claymore/AlphaShares China Small Cap Index ETF

HGI

 

Claymore/Zacks International Multi-Asset Income Index ETF

IRO

 

Claymore/Zacks Dividend Rotation ETF

LVL

 

Claymore/S&P Global Dividend Opportunities Index ETF

OTR

 

Claymore/Ocean Tomo Growth Index ETF

ROB

 

Claymore/Robb Report Global Luxury Index ETF

RYJ

 

Claymore/Raymond James SB-1 Equity ETF

SEA

 

Claymore/Delta Global Shipping Index ETF

TAN

 

Claymore/MAC Global Solar Energy Index ETF

TAO

 

Claymore/AlphaShares China Real Estate ETF

UBD

 

Claymore U.S. Capital Markets Bond ETF

ULQ

 

Claymore U.S. Capital Markets Micro-Term Fixed Income ETF

XRO

 

Claymore/Zacks Sector Rotation ETF

Closed-End Funds:

Ticker   Fund Name

FMO

 

Fiduciary/Claymore MLP Opportunity Fund

MCN

 

Madison/Claymore Covered Call & Equity Strategy Fund

OLA

 

Old Mutual/Claymore Long-Short Fund

TYW

 

TS&W/Claymore Tax-Advantaged Balanced Fund

     

Claymore Advisors, LLC, an affiliate of Claymore Securities, Inc., serves as the Funds’ Investment Adviser. 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 or servicing on approximately $15.2 billion in assets, as of December 31, 2009. Claymore currently offers closed-end funds, unit investment trusts and exchange-traded funds. Registered investment products are sold by prospectus only and investors should read the prospectus carefully before investing. For more information regarding the Funds, please visit www.claymore.com.

This information does not represent an offer to sell securities of the Funds and it is not soliciting an offer to buy securities of the Funds. An investment in any investment product is subject to certain risks and other considerations, including the possible loss of the entire principal amount you invest. There can be no assurance that any investment product will achieve its investment objectives. An investment in non-U.S. issuers involves risks that are in addition to the risks associated with domestic issuers; and therefore, may be subject to additional currency, political, economic, and market risks. The net asset value of the Funds will fluctuate with the value of the underlying securities. It is important to note that closed-end funds trade on their market value, not net asset value, and closed-end funds often trade at a discount to their net asset value. See www.claymore.com for a detailed discussion of fund-specific risks.

 

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