INVESTMENT SUB-ADVISORY AGREEMENTInvestment Sub-Advisory Agreement • December 28th, 2011 • Claymore Exchange-Traded Fund Trust 2 • Delaware
THIS INVESTMENT SUB-ADVISORY AGREEMENT (the “Agreement”) dated as of September 21, 2011, among Claymore Exchange-Traded Fund Trust 2, a Delaware statutory trust (the “Trust”), Guggenheim Funds Investment Advisors, LLC, a Delaware limited liability company with its principal office at 2455 Corporate West Drive, Lisle, IL 60532 (the “Investment Adviser”), J.P. Morgan Investment Management Inc., a Delaware corporation with its principal office at 270 Park Avenue, New York, New York 10017 (“JPMIM”) and JF International Management Inc., with its principal place of business in Hong Kong located at 21st Floor, Chater House, 8 Connaught Road Central, Hong Kong (“JFIMI”, and together with JPMIM, the “Investment Sub-Advisers” and an “Investment Sub-Adviser” shall mean either of them).
