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Claymore Investments launches Natural Gas Commodity ETF

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Claymore Investments has launched the Claymore Natural Gas Commodity ETF, an exchange-trade fund that seeks to provide a return based on the price and performance, less expenses, of the NG

Claymore Investments has launched the Claymore Natural Gas Commodity ETF, an exchange-trade fund that seeks to provide a return based on the price and performance, less expenses, of the NGX Canadian Natural Gas Index, on the Toronto Stock Exchange.

The Claymore Natural Gas Commodity ETF provides non-leveraged exposure to the Alberta natural gas market by investing in physical natural gas forward contracts. The fund will not use leverage and targets a 1:1 relationship between assets and natural gas exposure.

In addition, the ETF will not be directly involved in the exploration, operation, reserves, engineering and management risks associated with an investment in entities that explore for, produce and sell natural gas.

‘Natural gas is one of the most important energy commodities and is one of Canada’s great energy assets,’ says Som Seif, president and chief executive of Claymore Investments. ‘This ETF will represent the first and currently only pure play product designed to give investors access to this great Canadian natural gas market, which we believe will have broad market appeal to both institutional and retail investors.

‘We are excited to be partnering with both the NGX on the underlying index and our investment manager partners Auspice Capital Advisors, who will manage the day-to-day commodity exposure of the ETF.’

The Claymore Group, a financial services and asset management firm based in suburban Chicago, provided supervision, management, servicing or distribution on approximately USD18.5bn in assets through exchange-traded funds, closed-ended funds, unit investment trusts, mutual funds, and separately managed accounts at the end of last year.

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