The Teucrium Natural Gas Fund began trading on February 1, 2011 and the Teucrium WTI Crude Oil Fund is expected to begin trading in February 2011, pending final regulatory approval, according to the announcement.
Sal Gilbertie, President of Teucrium Trading, LLC, said the new funds have been designed to allow Registered Investment Advisers, pension funds, hedge funds, institutional and individual investors the opportunity to invest in single commodities through an easily traded, liquid and transparent New York Stock Exchange Arca-listed security.
“With global growth and the increasing stress emerging markets are putting on commodities as pervasive as corn, oil and gas, it’s clear that commodities have become a valid asset class, although until now, access to single commodities for most investors has been very limited,” Gilbertie said.
The funds will be managed by Gilbertie and Kelly Teevan, both of whom have considerable commodities and energy trading experience. More information is at www.teucrium.com.
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