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 1.72 %
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 18 January 2019
Asset Under Management 2.59 Million (USD)
1 Month Total Return -7.00 %
Year To Date Return -6.01 %
1 Year Total Return
3 Year Annualized Total Return
NAV 17.2716
Share Outstanding 150,040
Top 10 Holdings (17 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
Cash & Other CASH
SUPRAMAX 58 TC FFA 58KT TIMECHARTER AVERAGE M
SUPRAMAX 58 TC FFA 58KT TIMECHARTER AVERAGE M
SUPRAMAX 58 TC FFA 58KT TIMECHARTER AVERAGE M
BALTIC CAPESIZE TIME CHARTER - BASE TICKER/MARCH 2019
BALTIC CAPESIZE TIME CHARTER - BASE TICKER/SECOND QUARTER 2019
BALTIC CAPESIZE TIME CHARTER - BASE TICKER/FEBRUARY 2019
BALTIC CAPESIZE TIME CHARTER - BASE TICKER/JANUARY 2019
BALTIC EXCAHANGE PANAMAX T/C AVERAGE SHIPPING ROUTE INDEX/SECOND QUARTER 2019
BALTIC EXCHANGE PANAMAX T/C AVERAGE SHIPPING ROUTE INDEX/MARCH 2019