Jan. 11, 2010 (Canada NewsWire Group) -- TORONTO, Jan. 11 /CNW/ -- Claymore Investments, Inc., a leading provider of intelligent exchange-traded funds ("ETFs") in Canada, is pleased to announce the launch of the Claymore Advantaged High Yield Bond ETF (TSX:CHB).The Claymore Advantaged High Yield Bond ETF (the "Fund") has been designed to provide investors with exposure to the return and performance of a broad liquid high yield corporate bond index, the Barclays Capital U.S. High Yield Very Liquid Index ("the Index"), net of fees and expenses. The Index includes publicly issued United States ("US") dollar denominated, non-investment grade, fixed-rate, taxable corporate bonds that are rated high-yield (Ba1/BB+/BB+ or below) using the middle rating of Moody's, S&P, and Fitch, respectively, have a remaining maturity of at least one year and have $600 million or more of outstanding face value. The Fund will obtain exposure to the Index constituents through the use of a forward agreement with TD Global Finance, a member of TD Bank Financial Group.Given that the high yield bonds comprising the Index are priced in US dollars, the Fund intends to hedge the Fund's US dollar currency value back to the Canadian dollar, providing exposure to the bonds underlying the Index while reducing the currency risk for Canadian investors."High Yield bonds are a very important part of an investment portfolio for their income and diversification benefits and CHB is a simple, low cost way to obtain hedged exposure to high yield bonds on a tax-efficient basis, making it an optimal investment for income-focused investors," said Som Seif, President and CEO of Claymore.CHB joins the current family of Claymore ETFs available on the TSX:RAFI Fundamental Indexes------------------------CRQ Claymore Canadian Fundamental Index ETFCLU Claymore US Fundamental Index ETF (C$ hedged)CLU.C Claymore US Fundamental Index ETF (non-hedged)CIE Claymore International Fundamental Index ETFCJP Claymore Japan Fundamental Index ETF (C$ Hedged)Monthly Income and Growth-------------------------CDZ Claymore S&P/TSX Canadian Dividend ETFCYH Claymore Global Monthly Advantaged Dividend ETFFIE.A Claymore Canadian Financial Monthly Income ETFInternational Growth--------------------CWO Claymore Broad Emerging Markets ETFCBQ Claymore BRIC ETFSector/Strategy---------------CGR Claymore Global Real Estate ETFCIF Claymore Global Infrastructure ETFCOW Claymore Global Agriculture ETFCWW Claymore S&P Global Water ETFCMW Claymore S&P/TSX Global Mining ETFCLO Claymore Oil Sands Sector ETFCEW Claymore Equal Weight Banc & Lifeco ETFIncome/Fixed Income-------------------CLF Claymore 1-5 Yr Laddered Government Bond ETFCBO Claymore 1-5 Yr Laddered Corporate Bond ETFCAB Claymore Advantaged Canadian Bond ETFCPD Claymore S&P/TSX CDN Preferred Share ETFCMR Claymore Premium Money Market ETFClaymore Core Portfolios(TM) - ETF Wrap Program----------------------------------------------CBD Claymore Balanced Income CorePortfolio(TM) ETFCBN Claymore Balanced Growth CorePortfolio(TM) ETFCommodity---------GAS Claymore Natural Gas Commodity ETFAbout Claymore InvestmentsClaymore Investments, Inc. is a leader in bringing intelligent, low cost exchange traded funds in Canada through its family of 25 ETFs and 3 closed-end funds across broad asset classes including core equity, global sectors, fixed income and commodities. Claymore Investments, Inc., which, as at November 30, 2009 had approximately $4.1 billion in assets under management, is a wholly-owned subsidiary of Claymore Group, Inc., a financial services and asset management company based in the Chicago, Illinois area. In aggregate, Claymore Group Inc. and its affiliates have approximately 175 employees providing supervisory, management, servicing or distribution services on approximately US$13.3 billion in assets as of September 30, 2009.For further information about the Fund or Claymore Investments, Inc., please contact your financial advisor or visit our website at www.claymoreinvestments.caCommissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Canada NewswireJanuary 11, 2010 - 8:30 AM PSTNews by QuoteMediawww.quotemedia.com