As the first Single-Commodity Agriculture ETF, we are breaking new ground by offering access to corn as a commodity
Brattleboro, VT (PRWEB) June 14, 2010
Teucrium Trading LLC (Teucrium) announces the launch of its first Exchange Traded Fund (ETF) and the first domestic ETF offering investors and hedgers exposure exclusively to corn. The ETF is a single-commodity ETF that has been developed by Teucrium Trading LLC. The ETF, Teucrium Corn Fund, symbol "CORN" was launched on the NYSE Arca on Wednesday, June 9th.
Teucrium designs next-generation commodity investment products in the popular and highly liquid ETF format. The Teucrium Corn Fund ("CORN") offers investors and hedgers liquidity, transparency and capacity in a single-commodity ETF product. ETFs are transparent because holdings are disclosed on the website daily and liquid because they can be traded throughout the day.
"As the first Single-Commodity Agriculture ETF, we are breaking new ground by offering access to corn as a commodity," said Sal Gilbertie, Founder and President of Teucrium Trading LLC. "We have designed an ETF for real exposure to the grain itself. Like any ETFs we offer in the future, CORN offers our unique approach that closely tracks the price of the underlying commodity. I believe our team has the product design expertise and commodities trading experience to offer investors and hedgers a simple and efficient single-commodity ETF product."
Teucrium Trading LLC's management team brings decades of commodities industry trading experience. This includes running the commodities desk at a major global brokerage as an active futures and swap trader and market maker in numerous commodities, specializing in energy and grains. They also have successful Initial Public Offering experience and senior financial and operational management expertise from start-ups to Wall Street investment banks.
CORN has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before investing, investors should read this prospectus and other documents CORN has filed with the SEC for more complete information about CORN and its shares, including risks, expenses, and other important terms. In addition, there can be no guarantee that CORN will be able to achieve its investment goals. A copy of the prospectus may be obtained at http://www.teucriumcornfund.com/pdfs/corn-prospectus.pdf, by contacting the fund toll-free at 888-219-8861, or by visiting the fund's website at http://www.teucriumcornfund.com. The prospectus and other information about CORN filed with the SEC may be found on the SEC's website at http://www.sec.gov.
CORN has no operating history, so there is no performance history to serve as a basis for you to evaluate an investment in the Trust. Investing in Corn Interests subjects CORN to the risks of the corn market, and this could result in substantial fluctuations in the price of CORN's Shares. Unlike mutual funds, CORN generally will not distribute dividends to Shareholders. Investors may choose to use CORN as a means of investing indirectly in corn, and there are risks involved in such investments. The Sponsor has never operated a commodity pool. Investors may choose to use CORN as a vehicle to hedge against the risk of loss and there are risks involved in hedging activities.
Commodities and futures generally are volatile and are not suitable for all investors.
The TEUCRIUM Corn Fund is not a mutual fund or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation thereunder.
Shares of the TEUCRIUM Corn Fund are not FDIC insured, may lose value and have no bank guarantee.
ALPS Distributors, Inc., marketing agent of the TEUCRIUM Corn Fund.
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