This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Claymore Global Monthly revises ADJ exchange ratio 2009-07-07 19:19 ET - News Release Mr. Som Seif reports CLAYMORE ANNOUNCES REVISED EXCHANGE RATIO FOR MERGER OF ADJUSTABLE RATE MBS TRUST WITH CLAYMORE GLOBAL MONTHLY ADVANTAGED DIVIDEND ETF Claymore Investments Inc., the
manager of Adjustable Rate MBS Trust and Claymore Global
Monthly Advantaged Dividend ETF, has implemented a revised exchange ratio used to determine
the number of adviser class units of CYH received by ADJ
unitholders pursuant to the terms of the merger between the funds completed on July 2, 2009.
As a result of the revised exchange ratio, unitholders of ADJ will
receive 1.6015 adviser class units of CYH for each unit of ADJ held by them, as
determined by reference to the adjusted relative net asset values of the units
of ADJ and CYH.A on July 2, 2009.
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