TEUCRIUM SOYBEAN FUND
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(Name of Issuer)
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EXCHANGE TRADED FUND
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(Title of Class of Securities)
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88166A607
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(CUSIP Number)
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July 15, 2014
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(Date of Event Which Requires Filing of this Statement)
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1.
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Names of Reporting Persons
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I.R.S. Identification Nos. of above persons (entities only.)
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Counsel Portfolio Services Inc.
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IRS No.
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2.
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Check the Appropriate box if a Member of Group (See Instructions)
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(a)
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x
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(b)
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3.
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SEC Use Only
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4.
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Source of Funds (See Instructions) WC
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5.
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Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
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6.
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Citizenship or Place of Organization Ontario, Canada
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Number of
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7.
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Sole Voting Power 7,631 shares of common stock (See Item 5)
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Shares Beneficially
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by Owned
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8.
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Shared Voting Power
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Each Reporting
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Person With
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9.
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Sole Dispositive Power 7,631 shares of common stock (See Item 5)
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10.
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Shared Dispositive Power
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11.
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Aggregate Amount Beneficially Owned by Each Reporting Person 7,631 shares of common stock (See Item 5)
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12.
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Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
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13.
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Percent of Class Represented by Amount in Row (11) 4.3605%
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14.
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Type of Reporting Person (See Instructions) CO
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Item 1.
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Security and Issuer
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Item 2.
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Identity and Background
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(a) | This Schedule 13D is being filed by the entity Counsel Portfolio Services Inc., a corporation formed under the laws of the province of Ontario, Canada (the “Reporting Person”); |
(b) | The business address for the Reporting Person is 2680 Skymark Avenue, 7th Floor, Mississauga, Ontario A6 L4W 5L6; |
(c) | The principal business of the Reporting Person is an investment management business. |
(d) | During the last five years, neither the Reporting Person nor any of the Listed Persons (as defined below) have been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors); |
(e) | During the last five years, neither the Reporting Person nor any of the Listed Persons (as defined below) have been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws; |
(f) | The Reporting Person is a Canadian corporation. |
Item 3.
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Source and Amount of Funds or Other Consideration
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Item 4.
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Purpose of Transaction
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(a) | The Reporting Person may acquire or dispose of shares of the Issuer’s stock depending upon prevailing market conditions and its investment objectives; |
(b) | None; |
(c) | None; |
(d) | None; |
(e) | None; |
(f) | None; |
(g) | None; |
(h) | None; |
(i) | None; and |
(j) | None. |
Item 5.
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Interest in Securities of the Issuer
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Reporting
Person
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Shares Held
Directly
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Sole Voting
Power
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Shared Voting
Power
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Dispositive
Power
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Sole
Dispositive
Power
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Shared
Beneficial
Ownership
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Percentage
of Class
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Counsel Portfolio Services Inc.
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7,631
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7,631
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0
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7,631
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0
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7,631
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4.3605
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%
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Item 6.
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Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
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Item 7.
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Material to Be Filed as Exhibits
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Counsel Portfolio Services Inc.
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By:
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/s/ Richard Kenney | |
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Richard Kenney, Vice-President of Risk
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Management & Chief Compliance Officer
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Dated:
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July 31, 2014 |
Sam Febbraro
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c/o Counsel Portfolio Services Inc.
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2680 Skymark Avenue
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7th Floor
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Mississauga, Ontario A6 L4W 5L6
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Canada
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Principal Occupation: President and Chief Executive Officer
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Citizenship: Canadian
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Frank Gawlina
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c/o Counsel Portfolio Services Inc.
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2680 Skymark Avenue
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7th Floor
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Mississauga, Ontario A6 L4W 5L6
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Canada
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Principal Occupation: Chief Financial Officer
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Citizenship: Canadian
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Corrado Tiralongo
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c/o Counsel Portfolio Services Inc.
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2680 Skymark Avenue
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7th Floor
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Mississauga, Ontario A6 L4W 5L6
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Canada
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Principal Occupation: Chief Investment Officer
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Citizenship: Canadian
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Richard Kenney
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c/o Counsel Portfolio Services Inc.
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2680 Skymark Avenue
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7th Floor
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Mississauga, Ontario A6 L4W 5L6
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Canada
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Principal Occupation: Vice President of Risk Management & Chief Compliance Officer
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Citizenship: Canadian
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Paul G. Oliver
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c/o Counsel Portfolio Services Inc.
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2680 Skymark Avenue
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7th Floor
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Mississauga, Ontario A6 L4W 5L6
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Canada
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Principal Occupation: Director
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Citizenship: Canadian
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Christopher Reynolds
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c/o Counsel Portfolio Services Inc.
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2680 Skymark Avenue
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7th Floor
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Mississauga, Ontario A6 L4W 5L6
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Canada
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Principal Occupation: Director
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Citizenship: Canadian
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