Teucrium Announces Changes to Fund Lineup
Teucrium Investment Advisors has announced the liquidation of the Teucrium AiLA Long-Short Base Metals Strategy ETF (OAIB). The fund will cease accepting creation orders around June 5, 2024, and trading will halt on the NYSE Arca before market open on June 6, 2024. Liquidation proceeds are expected to be distributed to shareholders on June 6, 2024. During this period, the fund will shift from its investment objective and increase its cash holdings. Shareholders are advised to consult with tax advisers regarding potential tax implications.
- Shareholders will receive liquidation proceeds on June 6, 2024.
- Clear timeline provided for cessation of creation orders and trading halt.
- Fund liquidation indicates a potential underperformance or lack of viability.
- Investors may face tax implications due to liquidation.
- Shift from investment objective to cash holdings may affect portfolio strategies.
| Fund Name | Ticker |
CUSIP |
Teucrium AiLA Long-Short Base Metals Strategy ETF |
OAIB |
53656G530 |
Teucrium Investment Advisors, LLC and the Board of Trustees of Listed Funds Trust have decided to liquidate the Teucrium AiLA Long-Short Base Metals Strategy ETF. The Fund will cease accepting creation orders on or about June 5, 2024, and shares will stop trading on the NYSE Arca, Inc. prior to market open on June 6, 2024. Liquidation proceeds are expected to be distributed to shareholders on or about June 6, 2024. During the liquidation period, the Fund will deviate from its investment objective and increase its cash holdings. Shareholders should consult their tax advisers regarding the potential tax implications of the liquidation. Shareholders can call (800) 617-0004 for additional information.
About Teucrium Investment Advisors, LLC
Teucrium is an ETF provider with a mission to empower investors with the knowledge and tools necessary to intelligently design well-diversified portfolios. Additionally, Teucrium provides services for fund sponsors interested in partnering with an experienced team to help launch and/or manage ongoing fund operations. Teucrium’s suite of Exchange Traded Products has revolutionized the way commodity ETFs are structured; products are widely available to investors and advisors in traditional brokerage accounts. To learn more about the company, please visit www.Teucrium.com
Disclaimer
Diversification does not ensure a profit or protect against loss.
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, including possible loss of principal. This material is not an offer or solicitation of any kind to buy or sell any securities outside of
OAIB is a “non-diversified” investment company under the Investment Company Act of 1940, as amended, and, therefore, may invest a greater percentage of its assets in a particular security than a diversified fund. OAIB is a commodity pool regulated by the CFTC. OAIB is new and has a limited operating history.
OAIB short selling involves the sale of commodities. The short seller profits if the commodity’s price declines. If a shorted commodity increases in value, a higher price must be paid to cover the short sale, resulting in a loss. The amount the Fund could lose on a short sale is theoretically unlimited.
OAIB employs a “passive management” approach that seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index. There is no guarantee that the Fund will achieve a high degree of correlation to the underlying Index and therefore achieve its investment objective. Differences in timing of trades and valuation as well as fees and expenses, may cause the fund to not exactly replicate the index known as tracking error.
Futures Risks: Commodities and futures generally are volatile and are not suitable for all investors.
Futures investing is highly speculative and involves a high degree of risk. An investor may lose all or substantially all of an investment. Investing in commodity interests subject each Fund to the risks of its related industry. These risks could result in large fluctuations in the price of a particular Fund's respective shares. Funds that focus on a single sector generally experience greater volatility.
Foreside Fund Services, LLC is the distributor for the Teucrium AiLA Long-Short Base Metals ETF
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Craft & Capital
Chris Sullivan
chris@craftandcapital.com
Source: Teucrium Investment Advisors, LLC
FAQ
What changes are happening with the Teucrium AiLA Long-Short Base Metals Strategy ETF (OAIB)?
When will the Teucrium AiLA Long-Short Base Metals Strategy ETF (OAIB) stop accepting creation orders?
When will the Teucrium AiLA Long-Short Base Metals Strategy ETF (OAIB) stop trading?
When will shareholders receive liquidation proceeds for OAIB?
What should OAIB shareholders consider during the liquidation period?
