Tue, Sep 30, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Second generation ETFs address contango and backwardation – Teucrium launches 3rd ETP

Friday, February 25, 2011

amb
Sal Gilbertie
From Kirsten Bischoff, Opalesque New York:

One of the firms bringing a second generation of Exchange Traded Product (ETP) funds to market, Teucrium Trading just announced the launch of its third fund, The Teucrium WTI Crude Oil Fund, which is listed on the NYSE as CRUD. The ETF joins the firm’s already launched CORN and NAGS (natural gas) funds.

ETFs have soared in popularity over the past few years. The largest ETF firm, BlackRock’s iShares dominates the market, but there is plenty of room for competition, as in just the past month (January 2010) the ETF industry saw over $10bn in net inflows (the type of numbers that the hedge fund industry used to see prior to the financial crisis).

For Teucrium, the focus is on providing single commodities ETPs to an investor population that wants to participate in the commodity growth expected to be driven by emerging markets growth. “Investors need a way to efficiently invest directly into commodities and we give them a way to do that trading a NYSE listed security which, in many ways investors would rather do than open a futures account,” Sal Gilbertie, Founder of Teucrium told Opalesque.

CORN, which was launched in June 2010 began with $5m under management and after 8 months of trading has reached over $70m in assets. “We launched CORN first, because there was no ETF dedicated only to corn and we saw an urgent need for that. We also decided that our approach to ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Socially responsible investments grow in demand, but performance questions persist[more]

    Komfie Manalo, Opalesque Asia: A study by financial services firm TIAA-CREF showed that interest in socially responsible investing (SRI) is increasing rapidly, but investors are still asking if investing in an SRI strategy

  2. Regulatory - Ireland launches structure for passporting loan origination funds within EU[more]

    From Asiaasset.com: The Irish Funds Industry Association (IFIA) has introduced new loan origination capabilities that will offer Asian managers and investors a new structure under the European Union’s (EU’s) Alternative Investment Fund Managers Directive (AIFMD). The new structure will allow the mar

  3. Europe - Ed Miliband's war on hedge funds could damage City of London[more]

    From Telegraph.co.uk: Ed Miliband’s plans to wage war on hedge funds could be potentially more damaging to the City of London than even the financial transaction tax (FTT), senior banking sources warned on Tuesday night. The Leader of the Opposition took aim at a number of industries as part of his

  4. News Briefs - SEC probes Pimco ETF over pricing irregularities, BEPs: Action plan released and UK first to adopt country-by-country reporting[more]

    SEC probes Pimco ETF over pricing irregularities The Securities and Exchange Commission is investigating Pimco’s pricing of exchange traded funds, the latest cloud to hang over the world’s largest bond manager, which has been dogged by poor performance and management infighting. Pimco on

  5. Outlook - Julian Robertson: There are two bubbles that can bite us[more]

    From Businessinsider.com: Legendary hedge fund manager Julian Robertson gave a warning about two bubbles that could "bite us" at Bloomberg Market's Most Influential Summit. "I agree with the fact that the economy is definitely getting better. I think the cause of that is two bubbles that will