Four Claymore ETFs To Shut Down

Claymore announced today that it would be liquidating four low-volume exchange traded funds (ETFs). The combined assets of the ETFs make up less than 0.70% of the provider’s total ETF assets.

Dec. 11 will be the last trading day for the following four funds:

• Claymore/Morningstar Manufacturing Super Sector Index ETF (MZG)
  
• Claymore/Morningstar Information Super Sector Index ETF (MZN)
  
• Claymore/Morningstar Services Super Sector ETF (MZO)
• Claymore U.S.-1 - The Capital Markets Index ETF (UEM)

Claymore has 35 funds in total. While there have been several ETF closures this year, it’s not the only industry shutting down funds. Between October 2008 and October 2009, 155 mutual funds shut their doors.

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