Teucrium Soybean Fund (NYSE Arca: SOYB) prospectus details Creation Baskets
The Teucrium Soybean Fund (SOYB) has filed a prospectus detailing its continuously offered exchange-traded Shares. The fund operates as a commodity pool, seeking to track the Teucrium Soybean Index by investing in soybean futures and cash equivalents. Key details include Creation Baskets of 25,000 Shares, a $300 per-order creation/redemption fee, a 1.00% management fee, and an illustrative NAV of $23.82, requiring a breakeven trading income of $0.15 (0.63%) over 12 months. The prospectus also outlines material risks such as correlation, contango/backwardation effects, and an extensive legal and regulatory risk disclosure.