Claymore closes four funds

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Claymore Securities will close and liquidate four of its ETFs, with the last day of trading on December 11.

The firm says the combined assets of these four "lightly followed" ETFs represent less than 0.70% of its total ETF assets. The Claymore/Morningstar funds to be closed include the Manufacturing Super Sector index ETF, the Information Super Sector index ETF, the Services Super Sector index ETF, as well as the Claymore US-1 - The Capital Markets index ETF. The funds will be closed to new investments on December 11 and will halt trading on the NYSE Arca platform before the start of trading on December 14. Claymore says shareholders can sell fund shares before December 14, after which p...

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