GRU

ELEMENTS Linked to ICE BofAML Commodity index eXtra Grains - Total Return ETN
*Unless otherwise stated, data provided by FactSet.

GRU Fund Description

GRU tracks an index of grains. It gains exposure to futures contract ranging from third- to sixth- month futures.

GRU Factset Analytics Insight

GRU provides exposure to the following grains: corn, wheat, soybeans, and soybean meal. The composition is determined annually and is announced in the fourth quarter of the current year. The Index Administrator selects commodities primarily on the liquidity and the value of the global production. Each component is rolled into the next available contract month in advance of the month in which expiration of the contract occurs. Although GRU is marketed under Elements brand, the ETN comes with credit risk tied to the Swedish Export Credit Corp.

PERFORMANCE [as of 07/27/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
GRU 4.72% -7.87% 23.19% 59.39% 7.39% 1.65% -4.82%
GRU (NAV) 4.85% -5.88% 14.59% 53.19% 7.48% 1.57% -4.88%
ICE BofAML Commodity Index eXtra Grains (Intraday Indicative) 4.81% -5.64% 14.99% 54.56% 8.32% 2.39% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

GRU Summary Data

ELEMENTS
02/05/08
Exchange-Traded Note
0.75%
$5.94M
$75.21K
1.21%
FUE, JJG, DBA, JJA, RJA

GRU Portfolio Data

Futures
Laddered
Annually
--

GRU Index Data

ICE BofAML Commodity Index eXtra Grains (Intraday Indicative)
Proprietary
Committee
N/A

GRU Portfolio Management

0.75%
-1.00%
-0.44%
-1.71%

GRU Tax Exposures

20.00% / 39.60%
--
No

GRU Fund Structure

Exchange-Traded Note
No
N/A
Swedish Export Credit Corp - SEK
Low
High
None

GRU Factset Analytics Block Liquidity

As of 07/29/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of GRU. GRU is rated a 5 out of 5.

GRU Tradability

16,997
$75.21K
6,407
$29.51K
1.21%
$0.05
-0.73%
7.56% / -10.30%
None
100.00%
500,000
0.01
0.00%
--
0
$4.32
5

GRU Sector Breakdown


GRU
Segment Benchmark
100.00%
100.00%

GRU Tenor Strategy

GRU holds futures contracts on Corn, Soybeans, Soybean meal and Wheat rolling contracts the month prior to expiration.

GRU Rolling Strategy

GRU rolls its underlying contracts over a 15 day period during the month preceeding a given contract's expiration

GRU Performance Statistics

--
--
1.05
1.03
0.00%