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Elkhorn Fundamental Commodity Strategy ETF (RCOM)
Fund Details
Ticker
RCOM
Intraday NAV
RCOM.IV
CUSIP
287711824
ISIN
US2877118248
Inception
9/21/2016
Expense Ratio
0.75%
Exchange
Bats
Number of Commodities
24
 
 Fund Literature
 
Index Details
Rebalance Frequency
Monthly
Weighting
Fundamental
 
Trading Details
NAV
$26.75
Bid/Ask Midpoint
$26.74
Premium/Discount
-$0.02 / -0.07%
Closing Price
$26.95
Volume
1,703
Shares Outstanding
350,002
Market Value
$9,364,303
As of 12/14/2017
 
Let Us Serve You
The Elkhorn Capital Markets team is central to all activity related to Elkhorn ETFs. The team provides:
Trade Guidance
Actionable Trade Ideas
Market Intelligence Reports
ETF Education
The first RAFI commodity exchange-traded fund. No K-1.
The Elkhorn Fundamental Commodity Strategy ETF is an actively managed exchange-traded fund that seeks to provide total return which exceeds that of the Dow Jones RAFI® Commodity Index through the active management of a short duration portfolio of highly liquid, high quality bonds. The Dow Jones RAFI Commodity Index offers an alternative beta strategy that uses price momentum and roll yield to generate alpha. The portfolio is designed to be a fundamental factor-weighted, broad-market commodity strategy with a modified dynamic roll methodology.
Top 10 Holdings
As of 12/14/2017
NameExpiry DateCommodity SectorWeight
Brent Crude OilNovember, 2018Energy16.79%
Brent Crude OilAugust, 2018Energy15.57%
CopperDecember, 2018Base Metals10.98%
GoldJune, 2018Precious Metals9.46%
SoybeansNovember, 2018Agriculture7.38%
GasoilJune, 2018Energy5.32%
AluminumJanuary, 2019Base Metals4.48%
Live CattleJune, 2018Agriculture3.87%
RBOB GasolineOctober, 2018Energy3.78%
Heating OilApril, 2018Energy3.39%
Subject to change
Performance
As of 9/29/2017
  YTD 1 yr 3 yr 5 yr 10 yr Since Inception
Fund NAV 2.59% 3.25% - - - 3.63%
Fund Share Price 2.22% 2.93% - - - 3.16%
Dow Jones RAFI Commodity Index 3.25% 4.56% - - - 4.95%
Bloomberg Commodity Index -2.87% -0.15% - - - 0.94%
Share price returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. Returns less than one year are cumulative. Call 630.355.4676 for current month-end performance.
Commodity Sector Allocation
As of 12/14/2017
Commodity Sector
Weight
Energy
45.96%
Agriculture
21.91%
Base Metals
20.95%
Precious Metals
11.17%
Subject to change
Holdings
As of 12/14/2017
NameTickerExpiry DateCommodity Sector# of ContractsWeightMarket Value
Brent Crude OilCOX8November, 2018Energy2616.79%$1,572,740.00
Brent Crude OilCLQ8August, 2018Energy2615.57%$1,458,600.00
CopperLPZ18December, 2018Base Metals610.98%$1,028,175.00
GoldGCM8June, 2018Precious Metals79.46%$886,130.00
SoybeansS X8November, 2018Agriculture147.38%$691,250.00
GasoilQSM8June, 2018Energy95.32%$497,925.00
AluminumLAF19January, 2019Base Metals84.48%$419,800.00
Live CattleLCM8June, 2018Agriculture83.87%$362,720.00
RBOB GasolineXBV8October, 2018Energy53.78%$353,892.00
Heating OilHOJ8April, 2018Energy43.39%$317,436.00
ZincLXZ8December, 2018Base Metals43.36%$314,700.00
CornC Z8December, 2018Agriculture163.25%$304,600.00
Lean HogsLHN8July, 2018Agriculture72.44%$228,690.00
SilverSIN8July, 2018Precious Metals21.72%$160,720.00
WheatW H8March, 2018Agriculture71.56%$146,387.50
NickelLNZ9December, 2019Base Metals21.48%$138,306.00
Natural GasNGJ18April, 2018Energy41.12%$104,880.00
CottonCTZ8December, 2018Agriculture20.77%$72,470.00
Feeder CattleFCH8March, 2018Agriculture10.77%$72,175.00
LeadLLJ8April, 2018Base Metals10.66%$62,150.00
CoffeeKCZ8December, 2018Agriculture10.52%$48,956.25
SugarSBN8July, 2018Agriculture30.49%$45,964.80
Kansas WheatKWH8March, 2018Agriculture20.45%$41,825.00
CocoaCCH8March, 2018Agriculture20.40%$37,860.00
CollateralWeight
United States Treasury Bills 1/18/201828.60%
United States Treasury Bills 2/8/201814.29%
United States Treasury Bills 2/22/201814.28%
United States Treasury Bills 12/21/201712.88%
United States Treasury Bills 5/10/201812.81%
United States Treasury Bills 3/29/201811.41%
United States Treasury Bills 2/1/20185.72%
Subject to change
Ex-Dividend Date Record Date Payable Date Ordinary Income Short Term Gains Long Term Gains Return of Capital Total Distribution
This fund has not made any distributions.
IMPORTANT RISK INFORMATION
There are risks involved with investing in ETFs, including possible loss of money. The fund is actively managed. Shares are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. There can be no assurance that the fund's investment objective will be achieved.
Because the fund is non-diversified and can invest a greater portion of its assets in securities of individual issuers than a diversified fund, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a diversified fund. The fund may invest in commodity futures contracts traded on non-U.S. exchanges or enter into over the-counter derivative contracts with non-U.S. counterparties. The fund is subject to counterparty risk, options risk, pooled investment vehicle risk, swaps risk and more.
The fund seeks to provide investors with total return.
The Bloomberg Commodity Index is a broadly diversified index that allows investors to track commodity futures through a single, simple measure. One cannot invest directly in an index.
This fund is new and has a limited operating history.
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Market returns are based upon the midpoint of the bid/ask spread at 4:00pm eastern time (when NAV is normally determined for most ETFs), and do not represent the returns you would receive if you traded shares at other times.
Shares are not individually redeemable and owners of the shares may acquire those shares from the Fund and tender those shares for redemption to the Fund in Creation Units only, typically consisting of 50,000 Shares.
An investor should consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. To obtain a prospectus containing this and other information, please call 630.384.8700 or visit www.elkhorn.com. Read the prospectus carefully before investing.
Foreside Fund Services, LLC is the distributor of Elkhorn exchange-traded funds.