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Claymore Launches High Income ETF
Claymore Investments has rolled out a high income exchange-traded fund.
Claymore Investmentshas rolled out a high income exchange-traded fund (ETF). TheClaymore Short Duration High Income ETF has been created to maximize total returns for unit holders, consisting of both tax efficient monthly distributions and capital appreciation, and to preserve capital.
The new portfolio aims to enable investors to lower their portfolio duration, without sacrificing yield. The Claymore Short Duration High Income ETF has completed the offering of its initial units and will be trading on theToronto Stock Exchange.
Click here for the release fromCanada Newswire.