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 17 July 2019
Asset Under Management 3.86 Million (USD)
1 Month Total Return 37.23 %
Year To Date Return -7.62 %
1 Year Total Return -27.67 %
3 Year Annualized Total Return
NAV 17.1395
Share Outstanding 225,040
Top 10 Holdings (17 July 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
Cash & Other CASH
SUPRAMAX 58 TC FFA 58KT TIMECHARTER AVERAGE M INDX
SUPRAMAX 58 TC FFA 58KT TIMECHART AVERAGE M INDX
SUPRAMAX 58 TC FFA 58KT TIME CHARTER AVERAGE M INDX
BALTIC CAPESIZE TIME CHARTER - BASE TICKER/SEPTERMBER 2019 INDX
BALTIC CAPESIZE TIME CHARTER - BASE TICKER/FOURTH QUARTER 2019 INDX
BALTIC CAPESIZE TIME CHARTER - BASE TICKER/AUGUST 2019 INDX
BALTIC CAPESIZE TIME CHARTER - BASE TICKER/JULY 2019 INDX
BALTIC EXCHANGE PANAMAX T/C AVERAGE SHIPPING ROUTE INDEX/SEPTEMBER 2019 INDX
BALTIC EXCHANGE PANAMAX T/C AVERAGE SHIPPING ROUTE INDEX/FOURTH QUARTER 2019 INDX