HAO Invesco China Small Cap ETF

Claymore Securities, Inc. today announced the launch of the Claymore/AlphaShares China Small Cap Index ETF (AMEX: HAO) on the American Stock Exchange. This ETF is the first ETF focused on small cap Chinese companies, and is Claymore�s second China-focused ETF. China�s economy has soared to $10.1 trillion in 2006 from $545 billion in 1982, according to the National Bureau of Statistics China Statistical Yearbook. However investors looking for opportunity in China may not have adequate exposure. �Gaining exposure to Chinese small caps can be difficult because most other Chinese investment products are market-cap based. In those ETFs, small caps represent only a small percentage of assets at best and in the most widely held Chinese ETF, small caps currently have no representation,� said Christian Magoon, Senior Managing Director and Head of the ETF Group for Claymore Securities. �But with the introduction of HAO, investors now have the opportunity to diversify among existing Chinese investments through exposure to small cap companies.� �China�s 1.3 billion residents are consuming more, creating more and with the country�s increasing economic clout, they�ve become important global consumers,� says Burton Malkiel, Chief Investment Officer of AlphaShares, Inc., the Fund�s Index Provider, and the author of From Wall Street to the Great Wall: How Investors Can Profit from China�s Booming Economy. Malkiel, also author of A Random Walk Down Wall Street, says, �This is an opportunity for retail investors to access the emerging small cap market in China. Because historically most investment has been in large cap Chinese stocks, we feel the valuations of small cap stocks are attractive and present good potential for long-term growth.� Malkiel is the Chief Investment Officer of AlphaShares, Inc., the Fund�s Index Provider. AlphaShares receives a fee from the Fund for the use of its Index. Claymore/AlphaShares China Small Cap Index ETF (AMEX: HAO) seeks investment results that correspond generally to the performance, before the Fund�s fees and expenses, of an equity index called the AlphaShares China Small Cap Index. The Fund will normally invest at least 90% of its total assets in common stock, American depositary receipts (�ADRs�), American depositary shares (�ADSs�), global depositary receipts (�GDRs�) and international depositary receipts (�IDRs�) that comprise the Index. The Index is rebalanced and reconstituted annually. The Index is designed to measure and monitor the performance of publicly-traded mainland China-based small capitalization companies. The Index is maintained by Standard & Poor�s and is published on the AlphaShares website at www.alphashares.com. A float-adjusted capitalization maximum of $1.5 billion and a minimum of $200 million are used for initial portfolio construction and eligibility. A float-adjusted capitalization of less than $1.75 billion and greater than $150 million are required for ongoing inclusion in the Index. Only shares open to foreign ownership are included in the Index. These include all Hong Kong listed securities including China H-Shares and Red Chips, and N-Shares trading in New York and their equivalents trading in other foreign markets. China A-Shares and China B-Shares are not eligible for inclusion nor are debt or quasi-debt securities such as convertible securities. About Claymore Securities Claymore Securities, Inc. is a privately-held financial services company offering unique investment solutions for financial advisors and their valued clients. Claymore entities have provided supervision, management, servicing or distribution on approximately $18.5 billion in assets as of December 31, 2007. Claymore currently offers exchange-traded funds, unit investment trusts and closed-end funds. Claymore Advisors, LLC, an affiliate of Claymore Securities, serves as investment adviser to the Fund. About AlphaShares, Inc. AlphaShares is dedicated to providing investors with strategies and products that allow them to participate in China�s economic boom. The Chief Investment Officer of AlphaShares is well known Princeton University economist and author, Dr. Burton G. Malkiel. More information, including a complete Index methodology, is available at www.alphashares.com. Risk Considerations Investors should consider the following risk factors and special considerations associated with investing in the Fund, which may cause you to lose money. Investment Risk: An investment in the Fund is subject to investment risk, including the possible loss of the entire principal amount that you invest. Equity Risk. A principal risk of investing in the Fund is equity risk, which is the risk that the value of the securities held by the Fund 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 Fund 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. Adverse political, economic or social developments could undermine the value of the Fund�s investments or prevent the Fund from realizing the full value of its investments. Financial reporting standards for companies based in foreign markets differ from those in the U.S. The value of the currency of the country in which the Fund has invested could decline relative to the value of the U.S. dollar. Emerging market countries are countries that major international financial institutions, such as the World Bank, generally consider to be less economically mature than developed nations. Investing in emerging market countries entails the risk that news and events unique to a country or region will affect those markets and their issuers. Countries with emerging markets may have relatively unstable governments, may present the risks of nationalization of businesses, restrictions on foreign ownership and prohibitions on the repatriation of assets. The economies of emerging markets countries also may be based on only a few industries, making them more vulnerable to a variety of risks. Emerging market investments may also be less liquid than securities trading in developed countries. China Investment Risk: Investing in securities of Chinese companies involves additional risks, including, but not limited to: the economy of China differs, often unfavorably, from the U.S. economy in such respects as structure, general development, government involvement, wealth distribution, rate of inflation, growth rate, allocation of resources and capital reinvestment, among others; the central government has historically exercised substantial control over virtually every sector of the Chinese economy through administrative regulation and/or state ownership; and actions of the Chinese central and local government authorities continue to have a substantial effect on economic conditions in China. In addition, previously the Chinese government has from time to time taken actions that influence the prices at which certain goods may be sold, encourage companies to invest or concentrate in particular industries, induce mergers between companies in certain industries and induce private companies to publicly offer their securities to increase or continue the rate of economic growth, control the rate of inflation or otherwise regulate economic expansion. From time to time, certain of the companies comprising the Index that are located in China may operate in, or have dealings with, countries subject to sanctions or embargoes imposed by the U.S. government and the United Nations and/or in countries identified by the U.S. government as state sponsors of terrorism. Non-Correlation Risk. The Fund�s return may not match the return of the Index for a number of reasons including, but not limited to, operating expenses not applicable to the Index and costs in buying and selling securities to reflect changes in the composition of the Index. Additionally, the Fund may not be fully invested at times, either as a result of cash flows into the Fund or reserves of cash held by the Fund to meet redemptions and expenses. If the Fund utilizes a sampling approach or futures or other derivative positions, its return may not correlate as well with the return on the Index, as would be the case if it purchased all of the stocks in the Index with the same weightings as the Index. Small Company Risk. Investing in securities of small 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 Risk. Unlike many investment companies, the Fund is 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. Please refer to the Fund�s prospectus for more complete information. The Fund and its Shares are not sponsored, endorsed, sold or promoted by AlphaShares, Inc. (�Licensor�) and its affiliates. Licensor makes no representation or warranty, express or implied, to the shareholders of the Fund or any member of the public regarding the advisability of investing in securities generally or in the Fund particularly or the ability of the Index to track general stock market performance. The Licensor�s only relationship to Claymore Advisors, LLC (�Licensee�) is the licensing of certain trademarks and trade names of AlphaShares and of the Index, which is determined, composed and calculated by Licensor without regard to Licensee or the Fund. Licensor has no obligation to take the needs of the Licensee or the shareholders of the Fund into consideration in determining, composing or calculating the Index. Licensor shall not be liable to any person for any error in the Index nor shall it be under any obligation to advise any person of any error therein. Investors should consider the investment objectives and policies, risk considerations, charges and expenses of the ETFs carefully before investing. The prospectus contains this and other information relevant to an investment in the ETFs. Investors should read the prospectus carefully before investing or sending money. For this and more information, please contact a securities representative or Claymore Securities, Inc. NOT FDIC - INSURED � NOT BANK - GUARANTEED � MAY LOSE VALUE Claymore Securities, Inc. � 2455 Corporate West Drive � Lisle, Illinois 60532 1-888-949-3837 � www.claymore.com Member FINRA/SIPC 1/08