SCV Claymore/Indexiq Small-Cap Value Etf

Claymore Securities, Inc. today announced the launch of two new Exchange Traded Funds on the American Stock Exchange (AMEX) bringing the total number of its U.S.- listed ETFs to 20 funds. Said Christian Magoon, Senior Managing Director of Claymore, �Claymore continues to expand its family of ETFs by partnering with what we believe to be the leading and respected best-in-class index providers to deliver investment products designed to meet the needs of advisors and their clients.� The two new ETFs launched on the AMEX include: Claymore/Clear Mid-Cap Growth Index ETF (AMEX: MCG) The Fund seeks investment results that correspond generally to the performance, before the Fund�s fees and expenses, of an index called the Clear Mid-Cap Growth Index. The Index is comprised of 50 stocks selected from a universe of common stocks and American depositary receipts (ADRs) listed on U.S. exchanges with market capitalizations typically ranging between $2 billion and $10 billion, as defined by Clear Indexes LLC, the index provider. Looking at fundamental and valuation metrics including sales, profit growth, leverage and return on equity, the 50 highest ranking stocks are selected by the 100% rules-driven Index methodology. The stocks selected are approximately equally weighted and the Index rebalances on a quarterly basis. Claymore/IndexIQ Small-Cap Value ETF (AMEX: SCV) The Fund seeks investment results that correspond generally to the performance, before the Fund�s fees and expenses, of an equity index called the IndexIQ Active Value Small Cap Index. The Index is comprised of 100 US. common stocks that are traded on major U.S. exchanges with market capitalizations ranging from $400 million to $1.5 billion, as defined by IndexIQ, the index provider, which also meet other minimum liquidity constraints. The 100 highest-ranking companies are selected using a quantitative rules-based methodology developed to identify companies that are believed to offer the greatest potential and that best reflect value-oriented characteristics and a propensity to reinvest in themselves to strengthen future competitive positioning. The Index is adjusted annually to ensure timely stock selections. 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 March 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, serves as investment adviser to the funds. About Clear Indexes Clear Indexes LLC, a subsidiary of Clear Asset Management, creates and publishes custom indices using a combination of qualitative research and quantitative methods. Clear designs custom indices to quantitatively measure specific market segments. The indices are used for custom institutional benchmarks and investment product design. About IndexIQ IndexIQ is a leading developer of sophisticated, quantitative strategies designed to fuel the growth of the global investment management community. The firm utilizes its pioneering, proprietary methodologies to create innovative, high performance investment products for the institutional, high net worth and retail investor markets. Important Risks and Other Considerations This information does not represent an offer to sell securities of 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. 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 incurs costs in buying and selling securities, especially when rebalancing the fund�s 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. Foreign Investment Risk: The Claymore/Clear Mid-Cap Growth Index ETF 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. In addition to the risks described, there are certain other risks related to investing in these Funds. These risks are described further in the Prospectus and Statement of Additional Information. 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 50,000 shares (each block of 50,000 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. The Product(s) is not sponsored, endorsed, sold or promoted by Index provider(s) (�Licensor�). Licensor makes no representation or warranty, express or implied, regarding the advisability of investing in securities generally or in the Product(s) particularly or the ability of the Index(es) (�Index�) to track general market performance. Licensor�s only relationship to the Claymore Advisors, LLC is the licensing of the Index which is determined, composed and calculated by Licensor without regard to the Licensee or the Product(s). Licensor has no obligation to take the needs of the Licensee or the owners of the Product(s) 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 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. NOT FDIC-INSURED � NOT BANK-GUARANTEED � MAY LOSE VALUE Member NASD/SIPC 04/07