BDRY Profile
The
Breakwave Dry Bulk Shipping ETF (BDRY) is an exchange-traded fund
(ETF) that seeks to provide investors with exposure to the performance
of the dry bulk shipping industry.
The ETF seeks to track the
performance of the Breakwave Dry Bulk Shipping Index, which is
designed to measure the performance of a basket of dry bulk shipping
futures contracts. Dry bulk shipping refers to the transportation of
commodities, such as coal, iron ore, and grain, in large quantities.
As an ETF, BDRY provides investors with an easy and efficient way
to invest in the dry bulk shipping industry. The fund achieves this by
investing in a portfolio of dry bulk shipping futures contracts that
closely tracks the performance of the Breakwave Dry Bulk Shipping
Index.
BDRY's portfolio is primarily composed of dry bulk
shipping futures contracts in various sectors, including agriculture,
energy, and metals. The fund's holdings are selected and weighted to
closely track the performance of the Breakwave Dry Bulk Shipping
Index.
The ETF has an expense ratio of 3.00%, which is
relatively high compared to other ETFs. BDRY's net asset value (NAV)
has grown over time, reflecting the performance of the underlying
index and the fund's holdings.
However, as with all
investments, BDRY is subject to various risks and uncertainties,
including commodity price risk, market volatility, and liquidity risk
associated with futures contracts. In addition, the performance of the
fund may be affected by factors such as changes in the global economy
and political and regulatory changes.
Overall, Breakwave Dry
Bulk Shipping ETF (BDRY) is an ETF that seeks to provide investors
with exposure to the dry bulk shipping industry. The fund provides
investors with an easy and efficient way to invest in dry bulk
shipping futures contracts, but has a relatively high expense ratio.
The performance of the fund is subject to various risks and
uncertainties associated with the dry bulk shipping industry and the
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