Teucrium NAGS Fund

NAGS Daily Facts

as of 4/23/2014*

NAV $14.16 Shares Outstanding 150,004
4pm Bid/Ask Midpoint $14.23 Shares Available 39,500,000
Premium/Discount 0.49% Total Net Assets $2,123,911.25
Closing Price $14.18

* 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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Thursday, 24 Apr 2014

NAGS Fund NYSE:NAGS

Teucrium NAGS Fund Teucrium NAGS Fund

The Teucrium Natural Gas Fund

 

The Teucrium Natural Gas Fund (NYSE: NAGS) provides investors unleveraged direct exposure to natural gas without the need for a futures account. The Teucrium Natural Gas Fund was also designed to reduce the effects of contango and backwardation. NAGS, as a result of the diversified futures structure, was specifically designed to reduce the cost of rolling the investment when compared to funds that hold only a single month.

 

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 following: the nearest to spot month March, April, October and November Henry Hub Natural Gas Futures Contracts traded on the NYMEX, weighted 25% equally in each contract month, less the Fund’s expenses. This weighted average of the four Henry Hub Natural Gas Futures Contracts is referred to as the “Benchmark,” and the four Henry Hub Natural Gas Futures Contracts that at any given time make up the Benchmark are referred to as the “Benchmark Component Futures Contracts.”

 

Teucrium Natural Gas 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 Natural Gas Interests subjects NAGS to the risks of the natural gas market, and this could result in substantial fluctuations in the price of NAGS’ Shares. Unlike mutual funds, NAGS generally will not distribute dividends to Shareholders.

 

Investors may choose to use NAGS as a means of investing indirectly in natural gas 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 Natural Gas 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 Natural Gas 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 Natural Gas Fund.

 

© 2014 TEUCRIUM TRADING, LLC. All rights reserved.

NAGS INAV

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14.274/24/20144:44am ET +0.02

NAGS Facts Details

Fund Symbol
NAGS
NAV Symbol
NAGS.IV
Listing Exchange
NYSE Arca
CUSIP
88166A201

NAGS Expense Ratio

Expense Ratio* 1.48%
* Includes all expenses paid by the Fund including the management fee, as presented in the Form S-1 dated April 30, 2013.

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 Natural Gas 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 natural gas interests during the trading day, based on actual trades, not bids or asks, 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 NAGS 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 Natural Gas Fund that the IIV calculation is most accurate when the NYMEX is open. For trading hours and settlement times, see
http://www.cmegroup.com/trading_hours/energy-hours.html.

 

The information for the NAGS IIV is obtained from an independent source and the Teucrium Natural Gas Fund and Teucrium Trading, LLC are not responsible for the content. The Teucrium Natural Gas 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

NAGS Prospectus:   View

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You are now leaving www.teucriumnagsfund.com and entering a linked web site pertaining to K-1 tax information for shareholders of the Teucrium Natural Gas Fund. Teucrium Trading, LLC and the Teucrium Natural Gas 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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