Fund Description
The Fund is an actively managed exchange-traded fund that seeks capital appreciation by investing primarily in agricultural commodities futures contracts traded on the Chicago Board of Trade or Intercontinental Exchange Inc. ("ICE"). The Fund's portfolio holdings will consist of four commodities futures holdings, one in each of the following commodities: corn, wheat, soybeans, and sugar (each a "Component Futures Contract"). The portfolio will be rebalanced, generally on a monthly basis, in order to maintain approximately a 25% allocation of the Fund's assets to each Component Futures Contract. Unlike many other commodity- based exchange-traded products, the Fund will not issue its shareholders a Schedule K-1 for tax reporting purposes, which can increase the complexity of a shareholder's tax reporting. Instead, the Fund is designed to be taxed as a conventional mutual fund and will issue a Form 1099 to its shareholders for tax reporting purposes. A consequence of the Fund's tax status is that it generally is limited to obtaining its exposure to the Component Futures Contracts through the Fund's Subsidiary.
Fund Profile
Fund Name Teucrium Agricultural Strategy No K-1 ETF
Fund Exchange Ticker TILL
Fund Sponsor Teucrium
Fund ISIN US53656F1443
Net Expense Ratio 1.49 %
Fund Inception Date 16 May 2022
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Commodities & Metals - Agricultural
Asset Class Commodities & Metals
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Commodity Types Agricultural
Key Statistics
Return As of Date 11 August 2022
Asset Under Management 81.64 Million (USD)
1 Month Total Return 2.98 %
Year To Date Return -14.44 %
1 Year Total Return
3 Year Annualized Total Return
NAV 34.7416
Share Outstanding 2,350,000
Top 10 Holdings (12 August 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
Cash & Other CASH 1.0000000000
CORN FUTURE Dec22 FUTR 0.2542891923
SUGAR #11 (WORLD) Oct23 SBV3 Comdty FUTR 0.2508303220
SOYBEAN FUTURE Nov22 FUTR 0.2489177262
WHEAT FUTURE(CBT) Jul23 W N3 Comdty FUTR 0.2464055192
Derivatives offset OTHR -1.0004427596