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Claymore Unveils Unhedged Gold ETF

Canadian exchange-traded fund provider, Claymore Investments, has launched non-hedged common units of its new fund.

Canadian exchange-traded fund (ETF) provider, Claymore Investments,has launched non-hedged common units of its new fund. The Claymore Gold Bullion ETF is designed to offer unit holders with exposure to physical gold bullion, on a fully allocated basis.

The portfolio passively holds physical gold bullion and does not anticipate making regular distributions. The ETF has completed the initial offering of 500,000 non-hedged common units at $12.60 per unit. The units have begun trading on the Toronto Stock Exchange.

Click here for the release from Claymore Investments.

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