Claymore Investments, Inc. announced the launch of the Claymore CorePortfolio Series of exchange traded funds, introducing the first two global balanced ETFs: Claymore Global Balanced Income ETF and the Claymore Global Balanced Growth ETF.

The two ETFs began trading today on the Toronto Stock Exchange.

Claymore CorePortfolio Series is the first ETF asset allocation solution to exclusively use ETFs to create efficient, balanced and diversified portfolios tailored to specific investment goals. The series may be considered a starting point for a large portfolio or the core holding in a smaller investment portfolio.

Each Claymore CorePortfolio Series of ETFs provide a diversified portfolio designed to track indices with specific investment goals in mind. Currently there are two funds available in the series.

The Claymore Global Balanced Income ETF’s (TSX: CBD) underlying Index seeks to generate a high level of current income with long-term capital appreciation potential.

The Claymore Global Balanced Growth ETF’s (TSX: CBN) underlying Index seeks to balance strong long-term capital appreciation potential and current income with a bias toward capital appreciation.

“These two ETFs are truly revolutionary for the Canadian and Global market. We are launching for the Canadian market the first ever low fee, ETF portfolio products, which may be used as core portfolio holdings for suitable investors” says Som Seif, president, Claymore Investments.

“Investors looking for a simple, easy to use core portfolio solution, which will dynamically invest in global equities, Canadian fixed income as well as real estate securities, while maintaining the asset allocation and income and growth objectives. Mutual fund wrap programs have seen significant growth in investment over the past few years and these Wrap ETFs bring a low cost alternative to the market.”

Like Claymore Investments’ other current ETFs, Claymore Balanced Income ETF and Claymore Balanced Growth ETF, will be offering two classes of units, the common unit (CBD, CBN) and advisor class unit (CBD.A, CBN.A).