GUGGENHEIM ALPHASHARES CHINA SMALL CAP INDEX ETF $32.72 - New York Exchange symbol HAO

GUGGENHEIM ALPHASHARES CHINA SMALL CAP INDEX ETF $32.72 (New York Exchange symbol HAO; buy or sell through brokers; www.guggenheimfunds.com) is the new name of Claymore/AlphaShares China Small Cap Index ETF. Guggenheim Partners bought Claymore Group in 2009, and has renamed the Claymore funds. This ETF aims to track the AlphaShares China Small Cap Index. This index is made up of all investable Chinese stocks with market caps between $200 million and $1.5 billion. The $496.6-million fund’s top holdings are PICC Property & Casualty, 2.6%; Focus Media Holdings, 2.1%; Air China, 2.0%; Weichai Power Co., 1.9%; Yangzijiang Shipbuilding, 1.8%; Cosco Pacific, 1.8%; Brilliance China Automotive Holdings, 1.8%; Shandong Wiegao Group Medical, 1.6%; Sohu.com, 1.6%; and ZTE Corp., 1.5%. As China’s economy matures, and consumers feel more protected by the expanding social-safety net, domestic spending should rise. This fund is well positioned to benefit from that trend. The ETF was launched on January 30, 2008. It has an expense ratio of 0.70%. The fund’s dividend yield is 0.1%. Guggenheim/AlphaShares China Small Cap Index ETF is a buy for aggressive investors.