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30-Day Median Bid/Ask Spread is the median of the differences between the best bid and offer prices for a security over a 30-day period, calculated at 10-second intervals during each trading day. It represents the typical cost of trading the security during that period and is a measure of its liquidity.

This material must be preceded or accompanied by a prospectus. Before investing, investors should read the prospectus carefully for more complete information about the Funds, including investment objectives, risks, charges, and expenses. Live links to: YSAG/YSAU

The value of each Share is directly related to the price of physical gold, as applicable, less Fund expenses. Silver & gold prices can be highly volatile and may be affected by supply and demand, interest rates, inflation expectations, currency movements, geopolitical events, central bank or governmental activity, investment and trading activity, and broader economic or market conditions.

Fund shares may trade at a premium or discount to net asset value. An active trading market for the Shares may not develop or be maintained.

YSAU & YSAG are not investment companies registered under the Investment Company Act of 1940 (the “1940 Act”) and are not subject to regulation under the Commodity Exchange Act of 1936 (the “CEA”). As a result, shareholders do not have the protections associated with ownership of shares in an investment company registered under the 1940 Act or the protections afforded by the CEA.

YSAU & YSAG shares trade like stocks, are subject to investment risk and will fluctuate in market value. The value of shares relates directly to the value of the silver & gold held by each Fund (less its expenses), and fluctuations in the price of gold or silver could materially and adversely affect an investment in the shares. The Funds do not generate any income, and as the Funds regularly sell gold or silver to pay for ongoing expenses, the amount of gold or silver represented by each Share will decline over time to that extent.

An investment in the funds involves risk, including possible loss of principal. Exchange-traded funds (ETFs) trade like stocks, are subject to investment risk, fluctuate in market value, and may trade at prices above or below the ETF’s net asset value (NAV), and are not individually redeemable directly with the ETF. Brokerage commissions and ETF expenses will reduce returns. ETFs are subject to specific risks, depending on the nature of the underlying strategy of the fund. These risks also include value stocks risk, market disruption and geopolitical risk, inflation risk, issuer risk, small and mid cap companies risk, other investment companies or real estate investment trust risk, focus risk, concentration policy risk, market price risk, small fund risk, and authorized participant concentration risk. For a complete description of the fund’s principal investment risks, please refer to the prospectus.

Teucrium Asset Management, LLC is the sponsor for YSAG and YSAU. PINE Distributors LLC is the Marketing Agent for YSAG and YSAU and is not affiliated with Texas Precious Metals or Teucrium Asset Management.

TUCRM-5654681-07/26

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