EEW Claymore/Robeco Developed World Equity Etf

Claymore Securities, Inc. today launched its two newest exchange-traded funds (ETFs) on the American Stock Exchange. These new Claymore ETFs, the Claymore/Robeco Developed International Equity ETF (AMEX: EEN) and the Claymore/Robeco Developed World Equity ETF (AMEX: EEW), are U.S.-listed international and global ETFs, which seek to replicate indices that incorporate modern portfolio theory. �The Robeco Developed International Equity Index and Robeco Developed World Equity Index represent a new chapter in international indices,� said Bill Kelly, CEO, Robeco Investment Management, Inc. �To develop these indices, Robeco Group�s Quantitative Equity Group in New York and Quantitative Strategies Group in Rotterdam incorporated portfolio risk management tools, including a quantitative risk model and portfolio optimizer, in an effort to balance potential risk with reward. The indices are the product of Robeco�s highly experienced and successful quantitative talent.� The Claymore/Robeco Developed International Equity ETF (EEN) and the Claymore/Robeco Developed World Equity ETF (EEW) bring alpha-driven strategies to international and global investing through direct investment in foreign ordinary securities and American Depositary Receipts. "We are delighted to be the first among our peers to partner with a respected global organization like Robeco to bring these unique products with international alpha strategies to market," said David. C. Hooten, Chairman and Chief Executive Officer, Claymore Securities, Inc. "For the first time, a $187 billion European active investment manager will be an index provider in the U.S. ETF market." The two new ETFs from Claymore are: Claymore/Robeco Developed International Equity ETF (AMEX: EEN) The Claymore/Robeco Developed International Equity ETF seeks investment results that correspond generally to the performance, before the Fund�s fees and expenses, of an equity index called the Robeco Developed International Equity Index (the �Index�). The Index is designed to invest in liquid, tradable international securities in developed markets excluding the United States and Canada with market capitalizations of U.S. $1 billion or greater. The Index constituent selection methodology was developed by Robeco as a 100% quantitative, rules-driven approach to identify companies that offer the greatest potential for price appreciation with strong risk diversification. Portfolio risk management tools, including a quantitative risk model and portfolio optimizer, are utilized to balance risk and reward. For comparative purposes the Robeco Developed International Equity Index could be compared to the MSCI EAFE� Index. Claymore/Robeco Developed World Equity ETF (AMEX: EEW) The Claymore/Robeco Developed World Equity ETF seeks investment results that correspond generally to the performance, before the Fund�s fees and expenses, of an equity index called the Robeco Developed World Equity Index (the �Index�). The Index is designed to invest in liquid, tradable global securities in developed markets that include the United States and Canada with market capitalizations of U.S. $1 billion or greater. The Index constituent selection methodology was developed by Robeco as a 100% quantitative, rules-driven approach to identify companies that offer the greatest potential for price appreciation with strong risk diversification. Portfolio risk management tools, including a quantitative risk model and portfolio optimizer, are utilized to balance risk and reward. For comparative purposes the Robeco Developed World Equity Index could be compared to the MSCI World IndexSM. About Claymore Securities Claymore Securities, Inc. is a privately-held financial services company offering unique investment solutions for financial advisors and their valued clients. As of January 31, 2007, Claymore entities have provided supervision, management, servicing or distribution on approximately $16 billion in assets through closed-end funds, unit investment trusts, mutual funds, separately managed accounts and exchange-traded funds. Claymore Advisors, LLC, an affiliate of Claymore Securities, is the investment adviser to the funds. About Robeco Investment Management, Inc. Robeco Investment Management, Inc. is the U.S. asset management arm of global fund manager Robeco Group, headquartered in the Netherlands, with assets of approximately $187 billion, globally. The Robeco Investment Management platform is comprised of three divisions: Robeco Boston Partners, Robeco Sage and Robeco Weiss, Peck & Greer. Products include U.S. equity, U.S. fixed income, fund of hedge funds and alternatives. Additionally, the firm offers global and international equity, including emerging markets, and fixed income products through its European affiliates. Important Risks and Other Considerations This information does not represent an offer to sell securities of the funds and it is not soliciting an offer to buy securities of the funds. There can be no assurance that the funds will achieve their investment objectives. An investment in the various Claymore ETFs is subject to certain risks and other considerations. Such risks and considerations include, but are not limited to: Investment Risk: An investment in the Funds is subject to investment risk, including the possible loss of the entire principal amount that you invest. Equity Risk: The risk that the value of the securities held by the Funds will fall due to general market and economic conditions, perceptions regarding the industries in which the issuers of securities held by the Fund participate, or factors relating to specific companies in which the Funds invests. Foreign Investment Risk: The Fund�s investments in non-U.S. issuers may involve unique risks compared to investing in securities of U.S. issuers, including, among others, greater market volatility than U.S. securities and less complete financial information than for U.S issuers. The Fund�s investments in foreign securities may involve higher costs than investments in U.S. securities, including higher transaction and custody costs as well as the imposition of additional taxes by foreign governments. The Fund�s foreign investments may also involve risks associated with the level of currency exchange rates, less complete financial information about the issuers, less market liquidity, more market volatility and political instability. Future political and economic developments, the possible imposition of withholding taxes on dividend income, the possible seizure or nationalization of foreign holdings, the possible establishment of exchange controls or freezes on the convertibility of currency, or the adoption of other governmental restrictions might adversely affect the Fund�s investments in foreign securities. Additionally, foreign issuers may be subject to less stringent regulation, and to different accounting, auditing and recordkeeping requirements. In addition, the underlying issuers of certain depositary receipts, particularly unsponsored or unregistered depositary receipts, are under no obligation to distribute shareholder communications to the holders of such receipts, or to pass through to them any voting rights with respect to the deposited securities. Industry Risk: While the Funds do not concentrate in any industry, to the extent that the Funds focus their investments in a particular industry or group of related industries, the NAV of the Funds will be more susceptible to factors affecting that industry or sector. Non-Correlation Risk: The Fund�s return may not match the return of the Index for a number of reasons. For example, the Fund incurs a number of operating expenses not applicable to the Index, and incur costs in buying and selling securities, especially when rebalancing the Funds� securities holdings to reflect changes in the composition of the Index. Small and Medium-Sized Company Risk: Investing in securities of small and medium-sized companies involves greater risk than is customarily associated with investing in more established companies. These companies' stocks may be more volatile and less liquid than those of more established companies. These stocks may have returns that vary, sometimes significantly, from the overall stock market. Replication Management Index: Unlike many investment companies, the funds are not "actively" managed. Therefore, it would not necessarily sell a stock because the stock's issuer was in financial trouble unless that stock is removed from the Index. Issuer-Specific Changes: The value of an individual security or particular type of security can be more volatile than the market as a whole and can perform differently from the value of the market as a whole. The value of securities of smaller issuers can be more volatile than that of larger issuers. Non-Diversified Fund Risk. The Fund is considered non-diversified and can invest a greater portion of assets in securities of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a diversified fund. Robeco Investment Management, Inc. makes not warranty, express or implied, as to results to be obtained by licensee, owners of the product, or any other person or entity from the use of the index or any data included therein in connection with the rights licensed hereunder or for any other use. Robeco makes no express or implied warranties, and hereby expressly disclaims all warranties of merchantability or fitness for a particular purpose or use with respect to the index or any data included therein. Without limiting any of the foregoing, in no event shall Robeco have any liability for any special, punitive, indirect, or consequential (including lost profits), even if notified of the possibility of such damages. Robeco Investment Management, Inc. determines, composes and calculates the index without regard for the product. The product itself is not sponsored, endorsed, sold or promoted by Robeco. Robeco has no obligation or liability regarding the administration, marketing or trading of the product, and makes no representation or warranty to the owners of the product, or to any member of the public, regarding investing in securities generally or in the product particularly. Investors buying or selling ETF shares on the secondary market may incur brokerage costs and other transactional fees. Shares of ETFs may fluctuate in price due to daily changes in trading volume. At times, shares may not have a high volume of trading. Except when aggregated in Creation Units, shares are not redeemable securities of the Fund. The Funds issue and redeem shares at NAV only in large blocks of 200,000 shares (each block of 200,000 shares is called a �Creation Unit�) or multiples thereof. Only broker-dealers or large institutional investors with creation and redemption agreements, called Authorized Participants (�APs�), can purchase or redeem these Creation Units. Deliveries of Fund Securities to redeeming investors generally will be made within three Business Days. Due to the schedule of holidays in certain countries, however, the delivery of in-kind redemption proceeds may take longer than three Business days after the day on which the redemption request is received in proper form. In such cases, the local market settlement procedures will not commence until the end of the local holiday periods. See the Fund's SAI for a list of the local holidays in the foreign countries relevant to the Funds. The Funds shares do not represent a deposit or obligation of, and are not guaranteed or endorsed by, any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation, the Federal Reserve Board or any other government agency. Investors should consider the investment objectives and policies, risk considerations, charges and ongoing expenses of the ETFs carefully before they invest. The prospectus contains this and other information relevant to an investment in the ETFs. Please read the prospectus carefully before you invest or send money. For this and more information, please contact a securities representative or Claymore Securities, Inc., 2455 Corporate West Drive, Lisle, Illinois 60532, 800-345-7999 or www.claymore.com/etfs.