Teucrium Trading, LLC, the sponsor of agricultural futures-based ETFs, has announced that it will provide white label ETF launch, sub-advisory, and marketing services for established and emerging ETF issuers.
Teucrium will offer its expertise in derivatives and futures-based ETFs through their Commodity Trading Sub-Advisor Services unit providing support for fund sponsors launching ETFs, managing trading operations, and marketing funds.
Teucrium writes that it has over 12 years of experience sponsoring, managing, and marketing futures and derivates-based ETFs. It has established long-standing relationships with industry service providers, and has developed robust internal processes, procedures, and controls. Teucrium can add value for issuers at any stage in their product development, the firm says.
“Investors are increasingly seeking access to alternative markets. There is an opportunity for fund sponsors to offer new strategies to help meet this growing demand,” says Springer Harris, Portfolio Manager and Managing Director at Teucrium. “Teucrium has the knowledge and hands-on experience with derivative ETFs that these issuers need and can rely upon.”
Teucrium’s first sub-advisory ETFs, ConvexityShares Daily 1X SPIKES Futures ETF (Ticker: SPKX) and ConvexityShares Daily 1.5X SPIKES Futures ETF (Ticker: SPKY), launched on August 16. The ETFs aim to track the T3 SPIKE Front 2 Futures Index, allowing investors to gain exposure to expected volatility of the SPDR S&P 500 ETF (SPY).
“We are delighted to have launched our first sub-advisory ETFs, and to be working together with ConvexityShares on their inaugural derivative ETFs,” says Sal Gilbertie, CEO of Teucrium. “We look forward to building on this first success, and continuing to serve this quickly growing segment of the market.”