iShares Gold Bullion ETF Non-Hedged Common Units

TSX Exchange | Jul 12, 2020, 6:05 AM EDT | Real-time price

CGL.C $ 21.16 RT
-0.02 (-0.09443%)
Day Low: 21.11
Day High: 21.27


TORONTO, March 31 /CNW/ - Claymore Investments, Inc., a leading provider of intelligent exchange‐traded funds ("ETFs") in Canada, is pleased to announce the launch of non-hedged common units of the Claymore Gold Bullion ETF (CGL.C: TSX).

The Claymore Gold Bullion ETF (the "Fund") is designed to provide unitholders with exposure to physical gold bullion, on a fully allocated basis with the benefits of a low cost structure. The Fund passively holds physical gold bullion and does not anticipate making regular distributions.

"The Claymore Gold Bullion ETF has done a great job of providing investors with exposure to physical gold without the U.S. dollar currency exposure during a time that the Canadian dollar has appreciated significantly versus the US dollar.  With the new non-hedged units, we are providing the ability to obtain hedged or non-hedged exposure to gold bullion, giving investors greater flexibility." said Som Seif, President & CEO of Claymore Investments, Inc. "The Claymore Gold Bullion ETF is Canada's only exchange-traded fund that provides exposure to physical gold bullion in a fully allocated, secure, convenient and low-cost manner."

The Claymore Gold Bullion ETF has closed the initial offering of 500,000 non-hedged common units at a price of $12.60 per unit.  These non-hedged common units commence trading on the Toronto Stock Exchange under the symbol CGL.C when it opens this morning.

About Claymore Investments, Inc.
Claymore Investments, Inc. ("Claymore") is a Canadian leader in bringing intelligent, low cost exchange-traded funds in Canada through its family of 30 ETFs and 2 closed-end funds across broad asset classes including core equity, global sectors, fixed income and commodities with approximately $6.0 billion in assets under management as of February 28, 2011. Claymore Investments, Inc. is a wholly-owned subsidiary of Guggenheim Funds Services Group, Inc., a financial services and asset management company based in the Chicago, Illinois area and an indirect subsidiary of Guggenheim Partners, LLC, ("Guggenheim") a global, 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.

For further information about any of the Claymore ETFs or Claymore Investments, Inc., please visit our website at

Commissions, management fees and expenses may be associated with an investment in an exchange-traded fund ("ETF"). Investors should consider the investment objectives and policies, risk considerations, charges and ongoing expenses of an ETF before investing. Please read the prospectus carefully before you invest. For a copy of the prospectus or more information, please contact your IIROC registered advisor or Claymore Investments, Inc.



For media inquiries, please contact:
Dan Rubin
Vice-President, Marketing
(416) 813-2018
Som Seif
President and CEO, Claymore Investments, Inc.
(866) 417-4640


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