Overview
Description
The Teucrium Wheat Fund is an exchange-traded fund (ETF) that provides investors with a way to gain exposure to the price fluctuations of wheat, a fundamental agricultural commodity. The fund’s primary function is to offer a diversified means for investors to engage with the wheat market without needing to directly deal in commodity futures. This is achieved by the fund investing in a series of wheat futures contracts on the Chicago Board of Trade (CBOT), which helps it track the performance of wheat prices.
Wheat is a staple food item globally, impacting a wide array of industries from food manufacturing to agriculture. The Teucrium Wheat Fund thus plays a crucial role in allowing for both speculation and hedging by investors interested in this critical resource. Market participants such as farmers, food producers, and even institutional investors can use this fund to manage risk or capitalize on potential price movements in the wheat market. By providing a singular focus on wheat, the fund becomes a notable tool for those seeking targeted exposure to agricultural commodities within the complex financial markets landscape.
About
Address
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Phone
+44 20 7355 9810
Website
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Instrument type
ETF
Country
Italy
MIC code
XMIL