The Teucrium WTI Crude Oil Fund is designed to provide investors unleveraged direct exposure to crude oil without the need for a futures account, while reducing the effects of contango and backwardation. The investment objective of the Teucrium WTI Crude Oil Fund is to have the daily changes in percentage terms of the Shares' Net Asset Value reflect the daily changes of a weighted average of closing settlement prices for futures contracts for WTI crude oil, also known as Texas Light Sweet Crude Oil. Specifically, (1) the nearest to spot June or December Oil Futures Contract, weighted 35%; (2) the June or December Oil Futures Contract following the aforementioned (1), weighted 30%; and (3) the December Oil Futures Contract immediately following the aforementioned (2), weighted 35%; less the Fund's expenses.
Investment type: ETF (Exchange-Traded Fund); listed on the U.S. NYSE exchange
Ticker symbol: CRUD
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