Teucrium CANE Fund

CANE Daily Facts


as of 06/23/17*

NAV $9.27 Shares Outstanding 825,004
4pm Bid/Ask Midpoint $9.32 Shares Available 8,300,000
Premium/Discount 0.54% Total Net Assets $7,651,598.78
Closing Price $9.33

* 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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Monday, 26 Jun 2017

CANE Fund NYSE:CANE

Teucrium CANE Fund Teucrium CANE Fund

The Teucrium Sugar Fund

 

The Teucrium Sugar Fund (NYSE: CANE) provides investors unleveraged direct exposure to sugar without the need for a futures account. CANE provides transparency to investors by investing in a known benchmark (described below), listing all holdings nightly, and providing future roll dates. CANE 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 CANE 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 No. 11 sugar (“Sugar Futures Contracts”) that are traded on the Intercontinental Exchange (“ICE”):

 

CANE Benchmark

ICE No. 11 Sugar Futures Contract

Weighting

Second to expire

35%

Third to expire

30%

Expiring in the March following the expiration of the third-to-expire contract

35%

 

CANE 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 Sugar Interests subjects CANE to the risks of the sugar market, and this could result in substantial fluctuations in the price of CANE’s Shares. Unlike mutual funds, CANE generally will not distribute dividends to Shareholders.

 

Investors may choose to use CANE as a means of investing indirectly in sugar or 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 Sugar 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 Sugar 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 Sugar Fund.

 

© 2017 TEUCRIUM TRADING, LLC. All rights reserved.

CANE Facts Details

Fund Symbol
CANE
NAV Symbol
CANE.IV
Listing Exchange
NYSE Arca
CUSIP
88166A409

CANE Expense Ratio

Expense Ratio* 1.73%
* Includes all expenses paid by the Fund, including the management fee, as presented in the Form S-1 dated April 29, 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

CANE Prospectus:   View

Tax Redirect

You are now leaving www.teucriumcanefund.com and entering a linked web site pertaining to K-1 tax information for shareholders of the Teucrium Sugar Fund. Teucrium Trading, LLC and the Teucrium Sugar Fund are not responsible for the information presented on the linked site. Please see the new information regarding electronic K-1 delivery.

 

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8 facts about your k-1
Tax Redirect

You are now leaving www.teucriumcanefund.com and entering a linked web site pertaining to K-1 tax information for shareholders of the Teucrium Sugar Fund. Teucrium Trading, LLC and the Teucrium Sugar Fund are not responsible for the information presented on the linked site. Please see the new information regarding electronic K-1 delivery.

 

View Tax Website:   Go

 

8 facts about your k-1