About Claymore Securities

Claymore Securities, Inc. 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), Claymore often leads its peers as the first-to-market provider of creative investment strategies. In total, Claymore entities provide supervision, management, or servicing on approximately $15.3 billion in assets as of June 30, 2010. 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.

Claymore Securities, Inc. is a wholly-owned subsidiary of Guggenheim Partners, LLC, a global, independent, privately held, diversified financial services firm with more than $100 billion in assets under supervision. Guggenheim, through its affiliates, provides investment management, investment advisory, insurance, investment banking, and capital markets services. The firm is headquartered in Chicago and New York with a global network of offices throughout the United States, Europe, and Asia.

INVESTMENT SOLUTIONS: ACCESS TO INNOVATION

CLAYMORE ETFs

Seeking to capture the investment potential of both innovative strategies for strategic allocations and broad market exposure for the core of a portfolio, Claymore ETFs track what the firm believes to be best-in-class index providers. 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.