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Teucrium Plans A Different Kind Of Commodity ETF

By: ETFdb
Teucrium, the Vermont-based firm behind the ultra-popular Corn Fund (CORN) that has plans to launch several additional commodity-specific ETPs, has laid the groundwork for another fund that would approach exposure to commodities in a new way. In a recent SEC filing, the firm detailed the Teucrium Agricultural Fund, which would offer exposure to agricultural commodities through other Teucrium products. The proposed ag fund, which would trade under the ticker TAGS, would seek to deliver daily changes equal to a weighted average of the NAVs per share of four other Teucrium products: Teucrium Corn Fund (CORN) Teucrium Wheat Fund (WEAT) Teucrium Soybean Fund (SOYB) Teucrium Sugar Fund (CANE) CORN launched nearly one year ago, and has already accumulated nearly $100 million in assets. The other three products have not yet debuted; Teucrium outlined plans for those products in an SEC filing last June, along with natural gas (NAGS) and crude oil [...] Click here to read the original article on ETFdb.com. Related Posts: June ETF Roundup: Launches and Filings First The CORN ETF, Now Five More Funds Daily ETF Roundup: DBA Surges On Crop Report, EWJ Slumps On Nuclear Concerns Daily ETF Roundup: DBA Tumbles On Soft Commodity Slump, GDX Soars On Gold’s Strength IndexIQ Launches Global Agribusiness Small Cap ETF (CROP)
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