SERIES3
global exchange & asset management portfolio series 3
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DAILY DATA
as of
11/20/09
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Portfolio Status
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Secondary
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Offer Price1
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--
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Bid Price2
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$5.686200
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Liquidation Price3
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$5.686200
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1 The "offer" price represents the net asset value of one unit
of a trust plus a transactional sales charge.
2 The "bid" price represents the net asset value of one unit
of a trust excluding deferred sales charge.
3 The "liquidation" price represents the net asset value of
one unit of a trust and includes any front-end and deferred sales charges accounted
for if investors liquidate units.
4 The Historical Annual Dividend Distribution is as of date of deposit. The amount of distributions of the Trust may be lower or greater than the above-stated
amount due to certain factors that may include, but are not limited to, a change
in the dividends paid by issuers, a change in Trust expenses or the sale or maturity
of securities in the portfolio. Fees and expenses of the Trust may vary as a result
of a variety of factors including the Trust's size, redemption activity, brokerage and
other transaction costs and extraordinary expenses.
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DEPOSIT INFORMATION
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Inception Date
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11/29/2007
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Mandatory Termination Date
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11/25/2009
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NASDAQ Ticker Symbol
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CGEACX
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Inception Unit Price
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$10.000000
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Inception Bid Price
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$9.900000
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Inception Liquidation Price
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$9.655000
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Historical Annual Dividend Distribution4
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--
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Deferred Sales Charge Dates
5
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Jun 2008
Jul 2008
Aug 2008
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| CUSIP - Monthly-Cash |
18386B184 |
| CUSIP - Monthly-Reinvest |
18386B192 |
| CUSIP - Monthly-Fee/Cash |
18386B200 |
| CUSIP - Monthly-Fee/Reinvest |
18386B218 |
5 Early redemption of units will still cause payment of deferred sales charge.
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Past performance is no guarantee of future results. Investment returns and principal value will fluctuate with changes in market conditions. Investors' units, when redeemed, may be worth more or less than their original cost.
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INVESTMENT OBJECTIVE
The trust seeks to maximize total return primarily through capital appreciation with a secondary objective of current income.
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PRINCIPAL INVESTMENT STRATEGY
The Trust consists of a portfolio of 48 global securities of companies that the Sponsor believes have a focus in at least one of the many categories that comprise the financial exchange and asset management businesses. The Sponsor selects stocks for the Trust from within the financial exchange and asset management businesses that it believes have the potential to achieve the Trust’s investment objective. At least 80% of the Trust’s assets have a significant connection to the financial exchange and asset management businesses in that the companies represented devote a portion of their operations to, or derive a material portion of their revenues from financial exchange and asset management businesses.
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SELECTION CRITERIA
The sponsor selects global companies that it believes are core holdings of a well-diversified financial exchange and asset management portfolio. To select the portfolio the sponsor begins by identifying a universe of companies that it believes have a significant focus (based on revenues and/or earnings) in the financial exchange and asset management business. The sponsor then identifies approximately 50 companies that are diversified across the many financial exchange and asset management categories and countries of origin for inclusion in the portfolio through a qualitative analysis based on factors that include, but are not limited to the following:
Valuation: The sponsor favors companies whose valuations appear to be attractive based on measures such as price-to-earnings, price-to-book and price-to-cash flow.
Industry Leadership: The sponsor favors companies that possess a strong competitive position among their domestic and global peers.
Growth: The sponsor favors companies with a history of (and prospects for) above average growth of sales, earnings and dividends (if applicable).
The portfolio generally consists of securities of companies that may devote a portion of their operations, or derive a material portion of their revenues from financial exchange and asset management.
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RISKS AND OTHER CONSIDERATIONS
This Trust is not being offered for sale. This data is for informational purposes only.
As with all investments, you can lose money by investing in the trust. The trust also might not perform as well as you expect. This can happen for reasons such as these:
- Stock prices can be volatile. The value of your investment may fall over time. Market value fluctuates in response to various factors. These can include stock market movements, purchases or sales of securities by the trust, government policies, litigation, and changes in interest rates, inflation, the financial condition of the securities’ issuer or even perceptions of the issuer.
- Share prices or dividend rates on the securities in the trust may decline during the life of the trust. There is no guarantee that the issuers of the securities will declare dividends in the future and, if declared, whether they will remain at current levels or increase over time.
- The trust includes securities issued by companies in the financial sector. Companies in the financial sector include banks, insurance companies and investment firms. The profitability of companies in the financial sector is largely dependent upon the availability and cost of capital which may fluctuate significantly in response to changes in interest rates and general economic developments.
- The trust invests in foreign securities and American Depositary Receipts (“ADRs”). The trust’s investment in foreign securities and ADRs presents additional risk. ADRs are issued by a bank or trust company to evidence ownership of underlying securities issued by foreign corporations. Securities of foreign issuers present risks beyond those of domestic securities. More specifically, foreign risk is the risk that foreign securities will be more volatile than U.S. securities due to such factors as adverse economic, currency, political, social or regulatory developments in a country, including government seizure of assets, excessive taxation, limitations on the use or transfer of assets, the lack of liquidity or regulatory controls with respect to certain industries or differing legal and/or accounting standards.
- The trust may invest in companies that are considered to be passive foreign investment companies (“PFICs”). PFICs are generally certain non-U.S. corporations that receive at least 75% of their annual gross income from passive sources (such as interest, dividends, certain rents and royalties or capital gains) or that hold at least 50% of their assets in investments producing such passive income. As a result of an investment in PFICs, the trust could be subject to U.S. federal income tax and additional interest charges on gains and certain distributions with respect to those equity interests, even if all the income or gain is distributed to its unitholders in a timely manner. The trust will not be able to pass through to its unitholders any credit or deduction for such taxes.
- The trust invests in stocks issued by small-capitalization or mid-capitalization companies. These stocks customarily involve more investment risk than stocks of large-capitalization companies. Small-capitalization and mid-capitalization companies may have limited product lines, markets or financial resources and may be vulnerable to adverse general market or economic developments.
- Inflation may lead to a decrease in the value of assets or income from investments.
- The sponsor does not actively manage the portfolio. The trust will generally hold, and may continue to buy, the same securities even though the security’s outlook, rating, market value or yield may have changed.
Please see the Trust prospectus for more complete risk information.
UITs are fixed and not actively managed. Investors can lose some or all of their investment in this Trust. An investment in this fixed portfolio should be made with an understanding of the risks involved with owning various types of investments. Industry predictions may not materialize and securities selected for the Trust may not participate in overall industry growth, if any. There is no guarantee that this portfolio will achieve its investment objective. The economic condition of the issuers of the securities in this portfolio as well as the stock market, in general, may worsen and therefore reduce the value of the units of the portfolio.
This UIT is part of a long-term strategy, and investors should consider their ability to invest in successive portfolios at the applicable sales charge, if available. There are tax consequences associated with an investment from one series to the next. Investors should consult their tax advisor to determine tax consequences associated with an investment from one portfolio to the next. Units of certain portfolios may be well suited for purchase by Individual Retirement Accounts or other qualified retirement plans. Consult your attorney or tax advisor regarding tax consequences associated with the purchase of units. Claymore Securities, Inc. does not offer tax advice.
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Investors should carefully consider the investment objectives and policies, risk considerations, charges
and ongoing expenses of any investment product before investing. The prospectus contains this and other
relevant information. Please read the prospectus carefully before you invest. To obtain a prospectus,
please contact a securities representative or Claymore Securities, Inc., 2455 Corporate West Drive, Lisle,
Illinois 60532, 800-345-7999, or download one by accessing the Literature section
of this website.
NOT FDIC-INSURED | NOT BANK-GUARANTEED | MAY LOSE VALUE
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