Teucrium CORN Fund

CORN Daily Facts


as of 06/26/17*

NAV $18.41 Shares Outstanding 3,500,004
4pm Bid/Ask Midpoint $18.45 Shares Available 15,000,000
Premium/Discount 0.22% Total Net Assets $64,444,457.72
Closing Price $18.45

* For weekends and holidays: Although this is the date of the last business day, the Total Net Assets reflect expense and interest accruals up to, but not including the next business day. For example, on Fridays the TNA will reflect accruals for Friday, Saturday and Sunday.

Key Fund Facts

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Tuesday, 27 Jun 2017

CORN Fund NYSE:CORN

Teucrium CORN Fund Teucrium CORN Fund

The Teucrium Corn Fund

 

The Teucrium Corn Fund (NYSE: CORN) provides investors unleveraged direct exposure to corn without the need for a futures account. CORN provides transparency to investors by investing in a known benchmark (described below), listing all holdings nightly, and providing future roll dates. CORN was designed to reduce the effects of rolling contracts (and contango and backwardation) by not investing in front-month (spot) futures contracts and thus limiting the number of contract rolls each year.

 

The investment objective of CORN is to have the daily changes in percentage terms of the Shares’ Net Asset Value (“NAV”) reflect the daily changes in percentage terms of a weighted average of the closing settlement prices for three futures contracts for corn (“Corn Futures Contracts”) that are traded on the Chicago Board of Trade (“CBOT”):

 

CORN Benchmark

CBOT Corn Futures Contract

Weighting

Second to expire

35%

Third to expire

30%

December following the third to expire

35%

 

CORN is a commodity pool that may be purchased and sold on the NYSE Arca. The Fund is a series of the Teucrium Commodity Trust (“Trust”), a Delaware statutory trust organized on September 11, 2009. The Fund is one of five series of the Trust; each series operates as a separate commodity pool. The Fund is managed and controlled by the Sponsor, Teucrium Trading, LLC. The Sponsor is registered as a commodity pool operator (“CPO”) with the Commodity Futures Trading Commission ("CFTC") and is a member of the National Futures Association ("NFA").


 

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 as a vehicle to hedge against the risk of loss, and there are risks involved in such investments and activities. The Sponsor has limited experience in operating a commodity pool, which is defined as an enterprise in which several individuals contribute funds in order to trade futures or futures options collectively.

 

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.

 

All supporting documentation will be provided upon request.

 

Foreside Fund Services, LLC is the distributor for the Teucrium Corn Fund.

 

© 2017 TEUCRIUM TRADING, LLC. All rights reserved.

Infograph - Corn in the Gas Station

CORN Facts Details

Fund Symbol
CORN
NAV Symbol
CORN.IV
Listing Exchange
NYSE Arca
CUSIP
88166A102

CORN Expense Ratio

Expense Ratio* 2.66%
* Includes all expenses paid by the Fund, including the management fee, as presented in the Form S-3 dated July 25, 2016.

An investor should consider investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information. Read the prospectus carefully before investing. An investment in the Fund involves risk, include possible loss of principal. The material available on this site is not an offer or solicitation of any kind to buy or sell any securities outside of the United States of America.

The Teucrium Corn, Sugar, Soybean, Wheat and Agricultural Funds (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.

Commodities and futures generally are volatile and are not suitable for all investors.

Foreside Fund Services, LLC is the distributor for the Teucrium Funds.

© 2017 TEUCRIUM TRADING, LLC. All rights reserved.

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Prospectus Downloads

CORN Prospectus:   View

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You are now leaving www.teucriumcornfund.com and entering a linked web site pertaining to K-1 tax information for shareholders of the Teucrium Corn Fund. Teucrium Trading, LLC and the Teucrium Corn Fund are not responsible for the information presented on the linked site. See information regarding electronic K-1 delivery by continuing to the tax information site.

 

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