FIE gets common class units

Claymore Investments is making common class units of their Canadian Financial Monthly Income ETF (TSX:FIE) available for trading on the TSX.

The Canadian Financial Monthly Income ETF invests in equity and debt related securities involved in the Canadian financial sector. The diversified portfolio consists mostly of securities including: common shares, preferred shares, corporate bonds and income trust units.

“FIE has been one of our flagship funds and we are pleased to be bringing a low cost, common class unit of the fund to the market.” said Claymore president and CEO, Som Seif.