Teucrium Launches Three ETPs for Agricultural Space

The Teucrium Soybean Fund (NYSE: SOYB); The Teucrium Sugar Fund (NYSE: CANE); and The Teucrium Wheat Fund (NYSE: WEAT) will trade on the New York Stock Exchange Arca and join the Teucrium Corn Fund (NYSE: CORN), which was successfully launched in June 2010, and the Teucrium Natural Gas Fund (NYSE: NAGS) and the Teucrium WTI Crude Oil Fund (NYSE: CRUD), both launched in February 2011.   

By making single commodities available in an ETP structure, Sal Gilbertie, President of Teucrium said, “Investors not only get exposure to commodities, an increasingly important asset class – without having to directly trade in futures – they get the opportunity to diversify their portfolios by investing in an unleveraged, liquid, and transparent security traded on the New York Stock Exchange.”  

According to Gilbertie, the Teucrium funds were specifically designed with these features to appeal to Registered Investment Advisers, hedge funds, institutional, and individual investors who want to invest in commodities through an easily understood and traded investment product backed by a specific pool of assets.  

As opposed to many first generation products that hold only a single month futures contract, Gilbertie said the Teucrium funds have a diversified futures structure and hold contracts in multiple months, significantly reducing the cost of carrying and rolling the futures, and resulting in the potential for better returns.  

The funds will be managed by Gilbertie and Kelly Teevan.