Sal Gilbertie, president and chief investment officer of Teucrium Trading, LLC (Teucrium) (www.teucrium.com), the sponsor of a family of second-generation single agricultural and energy commodity Exchange Traded Products (“ETPs”) will ring the New York Stock Exchange Opening Bell on Tuesday, October 18, 2011, at 9:30 a.m. The bell ringing will celebrate the firm’s recent launch of three single commodity agricultural ETPs – the Teucrium Soybean Fund (NYSE: SOYB); the Teucrium Sugar Fund (NYSE: CANE); and the Teucrium Wheat Fund (NYSE: WEAT). Gilbertie will be joined by other Teucrium Trading executives including, Dale Riker, chief executive officer, Barbara Riker, chief financial officer, and Carl N. Miller III, a founding shareholder and principal.
The funds, which trade on the New York Stock Exchange Arca, join Teucrium's family of single commodity ETPs, including, the Teucrium Corn Fund (NYSE: CORN) – the nation’s first pure play agriculture fund – the Teucrium Natural Gas Fund (NYSE: NAGS), and the Teucrium WTI Crude Oil Fund (NYSE: CRUD).
“It’s quite an honor to participate in such a long-standing tradition of the NYSE,” Gilbertie commented. “Ringing the Opening Bell is a privilege and we could not be more thrilled to participate in celebration of the successful launch of our new, next generation single commodity exchange traded products.”
Gilbertie said the funds have been designed to appeal to a broad spectrum of investors, including, institutional investors, hedge funds, registered investment advisors (RIAs) and individual investors who want exposure to agricultural commodities without having to trade futures.
“Burgeoning growth in the global middle class has increased demand for seasonally finite agricultural commodities,” Gilbertie, said, “and has resulted in increased appetite for investing in this very important asset class. Our funds are designed to allow investors to capitalize on that demand in a liquid, transparent and easily understood investment vehicle.”
A live webcast of the Opening Bell ceremony will be available for viewing on the home page of the NYSE’s website beginning at 9:29 a.m. ET on Tuesday, October 18.
About Teucrium Trading, LLC
Teucrium Trading, LLC (Teucrium) is an issuer of single-commodity-focused next generation ETPs. Teucrium designs investment vehicles that include transparency via the intraday indicative value (IIV), a publicly published valuation of the fund’s holdings provided by the NYSE, updated every 15 seconds as the ETP trades throughout the day. With today’s ever-evolving commodities markets’ landscape, we believe Teucrium has the expertise to deliver ETPs for liquid investing and hedging activities without the use of leverage. For more information, please visit: www.teucrium.com.
Each Teucrium Fund (“Fund”) is a commodity pool that will issue shares that may be purchased and sold on the NYSE Arca. The Funds are series of the Teucrium Commodity Trust, a Delaware statutory trust organized on September 11, 2009. The Funds are managed and controlled by the Sponsor, Teucrium Trading, LLC. The Sponsor is a limited liability company formed in Delaware on July 28, 2009 that is registered as a commodity pool operator (“CPO”) with the Commodities Futures Trading Commission (“CFTC”) and is a member of the National Futures Association (“NFA.”)
The Funds have a limited operating history, meaning there is little performance history that might serve as a basis to evaluate an investment in the Trust. Investing in a Fund subjects an investor to the risks of the applicable commodity market, which investment could result in substantial fluctuations in the price of Fund shares. Unlike mutual funds, the Funds generally will not distribute dividends to shareholders. The Sponsor has limited experience operating commodity pools; a commodity pool is defined as an enterprise in which several individuals contribute funds in order to trade futures or futures options collectively. Investors may choose to use a Fund 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 Funds are not mutual funds or any other type of investment company within the meaning of the Investment Company Act of 1940, as amended, and are not subject to regulation thereunder. For a complete description of the risks associated with the Funds, please refer to the applicable prospectus.
Shares of the Funds are not FDIC insured, may lose value and have no bank guarantee. Foreside Fund Services, LLC is the distributor for the Teucrium Funds.
A copy of the prospectus for each Fund may be obtained at the links below:
or by contacting the Funds toll-free at 877-376-0082.
Bill Blase, 212-221-1079