Claymore plans to close four exchange traded funds that failed to attract enough investor interest.
The affected ETFs include:
Claymore/Zacks Dividend Rotation ETF (IRO)
Claymore/Zacks Country Rotation ETF (CRO)
Claymore/Beacon Global Exchanges, Brokers & Asset Managers Index ETF (EXB)
Claymore/Robb Report Global Luxury Index ETF (ROB)
Trading will halt on September 10, 2010 and any remaining shares will be exchanged for cash on September 17, 2010.
For more on Claymore’s exchange traded funds, see the list of Claymore ETFs.