United States Agriculture Index Fund
The United States Agriculture Index Fund® ("USAG") is an exchange-traded security that is designed to track, in percentage terms, the price movements of the SummerHaven Dynamic Agriculture Index Total Return. USAG issues units that may be purchased and sold on the NYSE Arca.
The investment objective of USAG is for the daily changes in percentage terms of its units' net asset value ("NAV") to reflect the daily changes in percentage terms of the SummerHaven Dynamic Agriculture Index Total Return℠ (the "Agriculture Index"), less USAG's expenses. The Agriculture Index is designed as a benchmark for investors seeking attractive risk-adjusted returns on a portfolio of agricultural commodity futures contracts.
The Agriculture Index is comprised of 14 Eligible Agriculture Futures Contracts: soybeans, corn, soft and red winter wheat, hard red winter wheat, soybean oil, soybean meal, canola, sugar, cocoa, coffee, cotton, live cattle, feeder cattle and lean hogs. These 14 futures contracts represent major agricultural commodities in the U.S. market. These 14 Eligible Futures Contracts are selected on a monthly basis based on quantitative formulas developed by SummerHaven Indexing. The Eligible Agriculture Futures Contracts that at any given time make up the Agriculture Index are referred to as "Benchmark Component Agriculture Futures Contracts." The relative weighting of the Benchmark Component Agriculture Futures Contracts will change on a monthly basis, based on quantitative formulas relating to the prices of the Benchmark Component Agriculture Futures Contracts developed by SummerHaven Indexing.
The Benchmark Component Agriculture Futures Contracts that will comprise the Agriculture Index currently trade on major exchanges in the U.S. and Canada.
| Prospectus | May 15, 2013 |
| Code of Conduct | April 26, 2013 |
| Governance Policy | April 26, 2013 |
| 8-K Monthly Account Statement | March 31, 2013 |
| Fact Sheet | March 31, 2013 |
| 10-Q | March 31, 2013 |
| 10-Q XBRL ZIP Archive | March 31, 2013 |
| 8-K | March 28, 2013 |
| 8-K | March 27, 2013 |
| 8-K Monthly Account Statement | February 28, 2013 |
| 8-K Monthly Account Statement | January 31, 2013 |
| 10-K XBRL ZIP Archive | December 31, 2012 |
| 10-K | December 31, 2012 |
| Prospectus | December 28, 2012 |
For a copy of the Prospectus contact: ALPS Distributors, Inc., 1290 Broadway, Suite 1100, Denver, Colorado 80203 or call 800.920.0259 or click here . Please read it carefully before investing.
The Commodity Futures Trading Commission has not passed upon the merits of participating in these pools nor has the Commission passed on the adequacy or accuracy of this Prospectus.
Neither the Securities and Exchange Commission ("SEC"), nor any State Securities Commission has approved or disapproved the securities offered in this Prospectus or determined if this Prospectus is truthful or complete. Any representation to the contrary is a criminal offense.
USAG® is not a mutual fund or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation thereunder.
This investment is not suitable for all investors.
Commodity trading is highly speculative. Commodities and futures generally are volatile and are not suitable for all investors. USAG is speculative and involves a high degree of risk. These risks could result in large fluctuations in the price of USAG's units. An investor may lose all or substantially all of an investment in USAG. Funds that focus on a single sector generally experience greater volatility.
The Agriculture Index reflects an investment in a fully collateralized agriculture futures portfolio of commodities in the grains, softs and livestock sectors. A change in price of any of the commodities in these sectors will have a significant effect on the level of the Agriculture Index and the value of USAG's Units, which could have a material adverse effect on your investment.
The Agriculture Index does not correlate exactly with the spot price of agricultural commodities and this could cause the changes in the price of the Units to substantially vary from the changes in the spot price of agricultural commodities underlying the Benchmark Component Agriculture Futures Contracts. Therefore, you may not be able to effectively use USAG to hedge against agricultural commodity-related losses or as a way to indirectly invest in agricultural commodities. For further discussion of these and additional risks associated with an investment in USAG Units, click here.
Investors buy and sell units in the secondary market (i.e., not directly from USAG). Only "authorized purchasers" may trade directly with USAG, in minimum blocks of 50,000 units.
The United States Agriculture Index Fund is distributed by ALPS Distributors, Inc.
USAG United States Agriculture Index Fund® and Design mark are service marks of The United States Commodity Funds LLC. The United States Commodity Funds® is a registered trademark. SummerHaven Investment Management LLC is the owner of the SummerHaven Dynamic Agriculture Index Total Return℠ | All rights reserved.
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2012-2013 | United States Agriculture Index Fund | All rights reserved.