Teucrium CANE Fund

CANE Daily Facts

as of 10/30/2014*

NAV $13.11 Shares Outstanding 200,004
4pm Bid/Ask Midpoint $13.42 Shares Available 9,550,000
Premium/Discount 2.36% Total Net Assets $2,621,874.48
Closing Price $12.86

* 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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Friday, 31 Oct 2014

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. The Teucrium Sugar Fund was also designed to reduce the effects of backwardation and contango.

 

The investment objective of the Fund 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 sugar (“Sugar Futures Contracts”) that are traded on ICE Futures US (“ICE Futures”), specifically: (1) the second-to-expire Sugar No. 11 Futures Contract (a “Sugar No. 11 Futures Contract”), weighted 35%, (2) the third-to-expire Sugar No. 11 Futures Contract, weighted 30%, and (3) the Sugar No. 11 Futures Contract expiring in the March following the expiration month of the third-to-expire contract, weighted 35%.

 

Teucrium Sugar Fund (the “Fund”) is a commodity pool that issues Shares 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 seven series of the Trust; each series operates as a separate commodity pool. Additional series of the Trust may be created in the future. The Trust and the Fund operate pursuant to the Trust’s Amended and Restated Declaration of Trust and Trust Agreement (the “Trust Agreement”). The Fund was formed and is managed and controlled by the Sponsor, Teucrium Trading, LLC. The Sponsor, a limited liability company formed in Delaware on July 28, 2009, 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.

 

© 2014 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* 1.77%
* Includes all expenses paid by the Fund, including the management fee, as presented in the Form S-1 dated June 30, 2014.

IIV Disclaimer

Intraday Indicative Value (IIV): An Intraday Indicative Value is published by NYSE Alternext US for each ETP as a reference value to be used in conjunction with other ETP market information. The Intraday Indicative Value for the Teucrium Sugar Fund is published under a separate symbol every 15 seconds over the Consolidated Tape and calculated throughout the trading day using the prior day’s closing Net Asset Value per share as a base and updating that value throughout the trading day to reflect changes in the value of the Fund’s sugar interests during the trading day, all on a per-share basis. This value is also referred to as an “Underlying Trading Value,” “Indicative Optimized Portfolio Value (IOPV),” and “Intraday Value” in various places such as the prospectus and marketing materials for different ETPs. The Intraday Indicative Value is designed to give investors a sense of the share price of the Fund on an intraday basis. However, for various reasons, the Intraday Indicative Value should not be viewed as an actual real time update of the Net Asset Value. The CANE IIV is updated during the pre- and post-market hours in addition to the regular trading hours, and as such, the absolute and percentage changes to the previous close may not reflect the change from the 4 p.m. ET close of the NYSE Arca, but rather the change from a later time. We believe for the Teucrium Sugar Fund that the IIV calculation is most accurate when the ICE sugar pits are open. For Sugar No. 11 electronic trading hours and settlement times on ICE Futures U.S., see
https://www.theice.com/.

 

The information for the CANE IIV is obtained from an independent source, and the Teucrium Sugar Fund and Teucrium Trading, LLC are not responsible for the content. The Teucrium Sugar Fund and Teucrium Trading, LLC make no judgment or warranty with respect to the accuracy, timeliness, or suitability of the content.

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 Teucrium Corn, WTI Crude Oil, Natural Gas, 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.

© 2014 TEUCRIUM TRADING, LLC. All rights reserved.

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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