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Teucrium Soybean ETF Message Board

  • georgecostanzed georgecostanzed Aug 6, 2012 1:44 PM Flag

    Look for a Spike shortly

    I gave up, folded my tent and left with a substanial loss
    after 3+ weeks. Last straw today.
    Low volume = no money for investors.
    Only people making money here are the people running the fund.
    With me gone, you might get a spike.
    If you're lucky, take it and run.

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    • What I post here_please do not take it personally__cause I do not intend that. As some ETFs go the volume is definitely at the lower level of survival rate ((take at look at Teucrium’s (TAGS) (dead ETF walking)). With SOYB and WEAT the amount of assets under management (attracted) may kill them. It is generally assumed the minimum to make ETF issuers money is 50 million. Now these Teucrium commodity ETFs are offered a bit differently in that baskets are purchased by a sponsor Commodity Trading Advisor (CTA) and then redistributed. So the end sponsor is making money on the spread?

      After watching these Teucrium ETFs for awhile in comparison to the futures markets I cannot say that they are performing differently than what the prospectus delineated. Teucrium purposely did not design them as an alternative to a spot or front-month futures contract. That is why the spread over three contract months with different allocations. Take note that there are some more widely agricultural (corn, soybean, wheat, sugarcane) ETPs (ETF and ETN) that change allocations upon contract momentum. Conceptually that would be more conducive to a speculative position rather than an asset allocation product (which is what Teucrium designed these for).

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