The team at a New England asset manager is rolling out their first ever non-agricultural fund.
| Sal Anthony Gilbertie Teucrium Trading LLC CEO, President, Chief Investment Officer, Co-Founder | |
Last week,
Sal Gilbertie, CEO of
Teucrium Trading, LLC [
profile],
unveiled the launch of the
Teucrium AiLA Long-Short Base Metals Strategy ETF (OAIB on the
NYSE Arca). The new fund is a series of the
Listed Funds Trust, and it is powered by a long-short metal options strategy.
OAIB's inception date was April 5, and it comes with an expense ratio of 149 basis points. As of today, it has $2.508 million in AUM.
Teucrium Investment Advisors, LLC serves as OAIB's investment advisor, and Teucrium's
Springer Harris (head of ETF solutions) and
Steve Kahler (chief operating officer) serve as the fund's PMs. The new fund is designed to track the
AiLA-S022 Market Neutral Absolute Return Index, and
AiLA Indices is the index provider.
"Teucrium's team of experienced, dedicated futures traders is constantly striving to develop new investment products as we seek to make alternative markets more accessible," Gilbertie states.
OAIB's other service providers include:
Cohen & Company, Ltd. as independent accounting firm;
Foreside Fund Services, LLC as distributor and principal underwriter;
Morgan, Lewis & Bockius LLP as counsel; U.S. Bancorp Fund Services, LLC (dba
U.S. Bank Global Fund Services) as administrator, index receipt agent, and transfer agent; and U.S. Bank National Association as custodian. 
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