Claymore Securities Changes Name to Guggenheim Funds Distributors
Claymore Securities, Inc. (“Claymore”), an innovator of investment solutions and a wholly-owned subsidiary of Guggenheim Partners, LLC (“Guggenheim Partners”), today announced it has changed its name to Guggenheim Funds Distributors, Inc. (“Guggenheim Funds”). The change marks the next phase of business integration following the acquisition of Claymore by Guggenheim Partners announced on Oct. 15, 2009.
Specific changes include:
- Claymore Securities, Inc. to Guggenheim Funds Distributors, Inc.
- Claymore Advisors, LLC to Guggenheim Funds Investment Advisors, LLC
- Claymore Group Inc. to Guggenheim Funds Services Group, Inc.
The renamed Claymore business will continue to support the current product lineup of exchange-traded funds (ETFs), unit investment trusts (UITs) and closed-end funds (CEFs), with their respective strategies and investment policies remaining unchanged.
To align Claymore products with the new corporate name, it was also announced today that many of Claymore ETFs were renamed while their respective ticker symbols remain unchanged. Claymore CEF names remain unchanged at this time, and the current names of Claymore UITs will remain until the subsequent series for each trust deposits. On the deposit date, the new UIT series may be adjusted to reflect the new corporate name. Please visit the Guggenheim Funds link below to view a list of Claymore ETF names that have changed.
Claymore has worked closely with Guggenheim over the past 11 months to leverage the firm’s institutional expertise, resulting in an array of new strategies and products. Our increased capabilities include new products offering timely fixed-income exposure, the most complete access to the broad equity market, and access to Guggenheim Partners’ quantitative models designed for optimal risk-adjusted returns.
As part of the integration, the Claymore website has been relaunched with the new web address: www.guggenheimfunds.com.
About Guggenheim Funds Distributors
Guggenheim Funds Distributors, Inc. (“Guggenheim Funds”) offers strategic investment solutions for financial advisors and their valued clients. As an innovator in exchange-traded funds (ETFs), unit investment trusts (UITs) and closed-end funds (CEFs), Guggenheim Funds often leads its peers with creative investment strategy solutions. Guggenheim Funds entities provide supervision, management, and servicing of assets with a commitment to consistently delivering exceptional service. Guggenheim Funds is a wholly-owned subsidiary of Guggenheim Partners, LLC.
About Guggenheim Partners, LLC
Guggenheim Partners, LLC is a diversified financial services firm with more than $100 billion in assets under supervision. The firm’s businesses include investment management, investment advisory, insurance, investment banking and capital markets services. Headquartered in Chicago and New York, Guggenheim has a global network of offices throughout the United States, Europe and Asia. For more information about Guggenheim Partners, please visit www.guggenheimpartners.com.
Consider the investment objectives, risks, charges and ongoing expenses of any investment product carefully before investing. The prospectus or summary prospectus, if available, contains this and other relevant information. Please read the prospectus carefully before investing. To obtain a prospectus, visit www.guggenheimfunds.com or contact a securities representative or Guggenheim Funds Distributors, Inc. 2455 Corporate West Drive, Lisle, IL 60532, 800-345-7999.
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