BDRY

Fund Description
The Breakwave Dry Bulk Shipping ETF (BDRY) is an exchange-traded product designed to re ect the daily price movements of the near-dated dry bulk freight futures. BDRY offers investors unlevered exposure to dry bulk freight without the need for a futures account. BDRY provides transparency to investors by listing all its holdings daily. BDRY is designed to reduce the effects of rolling contracts by using a laddered strategy to buy contracts while letting existing positions expire and settle in cash. BDRY is a commodity pool that issues shares which may be purchased and sold on NYSE Arca.
Fund Profile
Fund Name Breakwave Dry Bulk Shipping ETF
Fund Exchange Ticker BDRY
Fund Sponsor ETF Managers Group
Fund ISIN US26923H2004
Net Expense Ratio 1.85 %
Fund Inception Date 22 March 2018
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Multi-Asset / Other
Asset Class Other Asset Types
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Key Statistics
Return As of Date 13 September 2019
Asset Under Management 2.13 Million (USD)
1 Month Total Return 14.76 %
Year To Date Return 14.91 %
1 Year Total Return -7.39 %
3 Year Annualized Total Return
NAV 21.3226
Share Outstanding 100,040
Top 10 Holdings (16 September 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
BALTIC CAPESIZE TIME CHARTER - BASE TICKER/SEPTERMBER 2019 INDX
BALTIC CAPESIZE TIME CHARTER - BASE TICKER/OCTOBER 2019 INDX
BALTIC CAPESIZE TIME CHARTER - BASE TICKER/NOVEMBER 2019 INDX
Cash & Other CASH
SUPRAMAX 58 TC FFA 58KT TIMECHARTER AVERAGE M INDX
BALTIC CAPESIZE TIME CHARTER - BASE TICKER/DECEMBER 2019 INDX
BALTIC EXCHANGE PANAMAX T/C AVERAGE SHIPPING ROUTE INDEX/SEPTEMBER 2019 INDX
BALTIC EXCHANGE PANAMAX T/C AVERAGE SHIPPING ROUTE INDEX/OCTOBER 2019 INDX
BALTIC EXCHANGE PANAMAX T/L AVERAGE SHIPPING ROUTE INDEX/NOVEMBER 2019 INDX
BALTIC EXCHANGE PANAMAX T/C AVERAGE SHIPPING ROUTE INDEX/DECEMBER 2019 INDX