Market Overview

Established ETF Team Bands Together to Launch GraniteShares


a new, disruptive ETF company that is fully funded, independent and
poised to bring a suite of exciting ideas to market, officially launches

With almost 50 years of collective experience, the team is led by
established ETF entrepreneur William Rhind, Founder and CEO. Rhind was
formerly a Principal at iShares and one of the original team members in
Europe. He also served as Head of ETF Securities in the U.S. and CEO of
the world's largest commodities fund, the SPDR Gold Shares ETF (NYSE
Arca: GLD).

Benoit Autier, whose previous experience includes product management at
ETF Securities, is the Head of Products. Kristen Winther, previously at
MSCI and Horizons ETFs, is the Director of Product Development. Jeff
Klearman, coming from Rich Investment Solutions and Deutsche Bank,
serves as the firm's Portfolio Manager.

Today, two flagship commodity ETFs begin trading on the New York Stock

  • GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (ticker:
  • GraniteShares S&P GSCI Commodity Broad Strategy No K-1 ETF (ticker:

These ETFs are benchmarked to the Bloomberg Commodity Index and S&P GSCI
Index, respectively. The funds are structured as 40 Act funds, do not
issue K-1s, and are two of the lowest cost broad commodity ETFs in the
U.S. market with total fund operating expenses of 0.25% and 0.35%,

"I'm thrilled to officially launch GraniteShares. It's been an
incredible effort by the team to get our company and funds ready for
today. GraniteShares is the culmination of our collective experience in
the ETF business so far and our dreams for what it can be in the
future," Rhind said. "With these new ETFs, COMB and COMG, we're aiming
to re-establish the benchmarks for commodity investing in the United
States. We feel investors have been overpaying for commodity ETFs for
too long. GraniteShares wants to change that. Investors can now access
funds with benchmarks to the Bloomberg Commodity and S&P GSCI indexes."

The firm's ambitious business plan caught the eyes of leading investors
early on. The company secured venture capital financing from Bain
Capital Ventures and other well-known investors.

About GraniteShares

GraniteShares is an independent, fully funded ETF company headquartered
in New York City. The firm seeks to launch disruptive ETFs.
GraniteShares' focus is on products that bring the excitement back to
investing, using new ideas, innovative structures and low cost. William
Rhind, Founder and CEO, is an established ETF entrepreneur with more
than 16 years of experience in the industry.


Investing involves risk, including the possible loss of principal.
Commodities and futures are speculative, highly volatile and may not be
suitable for all investors. You could lose money by investing in the
ETFs. There can be no assurance that the investment objective of the
Funds will be achieved. None of the Funds should be relied upon as a
complete investment program. The investment program of the funds are
speculative, entails substantial risks and include asset classes and
investment techniques not employed by more traditional mutual funds.

Investors should consider the investment objectives, risks, charges
and expenses carefully before investing. For a prospectus or summary
prospectus with this and other information about the Funds, please call
(844) 476 8747, email,
or visit the website at
Read the prospectus or summary prospectus carefully before investing.

Indexes are unmanaged and it is not possible to invest directly in an

Bloomberg Commodity Index: Bloomberg Commodity Index is a financial
benchmark designed to provide liquid and diversified exposure to
physical commodities via futures contracts. The weightings of the
components of the BCOM Benchmark are based on (1) liquidity data, which
is the relative amount of trading activity of a particular commodity;
(2) production data, which measures the importance of a commodity to the
world economy; and (3) diversification rules that attempt to reduce
disproportionate weightings of any single commodity.

The S&P GSCI Index is recognized as a leading measure of general price
movements and inflation in the world economy. The index – representing
market beta – is world production weighted. It is designed to be
investable by including the most liquid commodity futures, and provides
diversification with low correlations to other asset classes.

The GraniteShares ETFs are distributed by Foreside Fund Services, LLC.
GraniteShares is not affiliated with Foreside Fund Services, LLC.

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