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BIGT Texas emblemBIGT
Texas Equity Opportunity ETF

Invest in the engine of the American economy.

Focused exposure to the public companies driving Texas across energy, technology, finance, and industry, in a single, transparent, actively managed ETF.

Book a Meeting Start the 351 Exchange

Ticker
BIGT
Contribution Deadline
September 30, 2026
Launch Date
TBD
* This ETF is available for a Section 351 Tax-Deferred Exchange. The Fund is SEC effective but has not commenced operations or trading. No Fund performance is available.
The Program

What Is a Section 351 Exchange?

A Section 351 exchange lets investors contribute stocks and other securities to a new ETF in exchange for fund shares, without triggering an immediate capital gains tax bill. Taxes are deferred, not eliminated: your cost basis and holding period carry over to the new fund shares, and you'd recognize gains when you eventually sell.

To qualify, the contributed portfolio has to meet 3 tests.

25/50 Diversification Rule

Each investor contributes a sufficiently diversified portfolio. The largest holding can't exceed 25% of the portfolio's market value, and the top 5 holdings combined can't exceed 50%.

Intraday Liquidity

Qualifying securities must be liquid and trade intraday: stocks, bonds, ETFs, closed-end funds, and ADRs. No illiquid or restricted investments.

Fund Strategy Alignment

The basket of contributed securities must mostly align with the new ETF's investment objective as described in its prospectus.

Start the 351 Exchange

Overview

About the Fund

The Texas Equity Opportunity ETF (BIGT) seeks long-term capital appreciation. It's an actively managed ETF built for investors who want focused exposure to the public companies driving the Texas economy.

Under normal circumstances, the Fund invests at least 80% of its net assets in Texas companies: businesses headquartered in Texas, organized under Texas law, or earning at least 50% of their revenue (or holding at least 50% of their assets) in the state. The portfolio spans small, mid, and large capitalization companies, screened at a market cap of $500 million and up. The Fund expects a high level of investment in the oil and gas industry.

Energy, technology, finance, and industry. Own the Texas growth story in a single ticker.

ETF Snapshot

Fund NameTexas Equity Opportunity ETF
TickerBIGT
Adviser / SponsorTeucrium Investment Advisors, LLC
Sub-AdviserTeam Financial Strategies (J. Team Financial, Inc.)
DistributorPINE Distributors LLC
Structure1940 Act ('40 Act) ETF
Management StyleActive
Investment UniverseDomestic equity, 30 to 50 holdings
Primary ExchangeNYSE Arca
CUSIP53656H611
Expense Ratio0.75%
Distribution FrequencyQuarterly
Contribution DeadlineSeptember 30, 2026
Launch DateTBD
Objectives

What the Fund Seeks to Do

Long-Term Capital Appreciation

Seeking growth over extended periods through focused ownership of the public companies powering the Texas economy.

Focused, Active Selection

An actively managed portfolio of domestic equity holdings, concentrated by conviction rather than spread thin across an index.

Transparent Texas Exposure

Single-ticker access to companies driving Texas across energy, technology, finance, and industry, in a standard ETF wrapper.

Why BIGT?

Focused ExposureTexas companies, screened and ranked by an active manager.
Active ManagementAllocations adjust as conditions change; conviction drives position size.
Texas Growth StoryThe state's economy spans energy, tech, finance, and industry.
Transparent ETF WrapperDaily liquidity and intraday trading in a '40 Act ETF.
The Strategy Partner

About Team Financial Strategies

Since opening Team Financial Strategies in April of 2005, we've developed sound investment management strategies that we manage within client portfolios and for institutional investors. Over a decade ago, after looking at the growth opportunities we could see with our own eyes right here in our home state, our research indicated that Texas companies have a long history of offering very good long-term investment opportunity.

We launched our Texas Strategy, run as a mutual fund and SMA, and now our inspiration and track record will continue, offering this strategy as an ETF. For an actively managed ETF that's run by a Texas company who knows Texas, look no further than BIGT.

Investment Philosophy

BIGT seeks to invest in quality businesses that are impacting the Texas economy, whether headquartered here or doing most of their business here. Our proprietary strategy seeks growth opportunities through Texas-based companies as well as companies spending for growth in the state. We offer a diversified ETF that's actively managed and finds good long-term appreciation potential across various capitalization companies.

Team Financial Strategies (J. Team Financial, Inc.) serves as the Fund's sub-adviser. Teucrium Investment Advisors, LLC is the investment adviser and sponsor, and PINE Distributors LLC is the distributor.

The People

Investment Team

Jody Team
Jody Team, CFP®
Founder & President, Team Financial Strategies

Jody is the Founder and President of Team Financial Strategies, which was created from a desire to help clients make good financial decisions and grow with them through their financial life cycles. Jody is a CERTIFIED FINANCIAL PLANNER™ professional and a member of NAPFA and FPA and holds a BBA from Abilene Christian University. He has served in the financial planning and investment management industry since 2001.

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Jody Team is the Founder and President of Team Financial Strategies (TFS) in Abilene, Texas. TFS opened in April of 2005 as a Fee-Only Investment Advisory Business. Jody created Team Financial from a desire to help clients make good financial decisions and grow with them through their financial life cycles. Jody loves the opportunity to help clients remove “financial stress” from their lives. Jody has been building TFS to do this for over 15 years.

Jody Team is a CERTIFIED FINANCIAL PLANNER™ professional and a member of NAPFA and FPA. He has served in the financial planning and investment management industry since 2001. Jody, being an entrepreneur, also started an open-end mutual fund called The Texas Fund (BIGTX) in 2013 as the investment team at TFS saw the opportunity to offer an investment in the growth of the Texas economy. Jody manages this fund as well as other proprietary investment strategies at Team Financial Strategies.

Faith and family drive Jody outside of his work. He is married to Dr. Rachel Team, who is a professor at Abilene Christian University. They have 3 daughters, Emma, Audrey, and Cora. The family all attend Southern Hills Church of Christ in Abilene, TX. If Jody is not at the office or at a church event, you will find him next to the soccer field cheering on his 3 daughters.

Chad Hoes
Chad Hoes, CIMA®, CPM
Chief Investment Officer, Team Financial Strategies

Chad is the Chief Investment Officer of Team Financial and brings over 20 years of investment experience that involves managing assets for various clientele. Chad is a Certified Investment Management Analyst® (CIMA®) and a member of the Investments & Wealth Institute and is also a Chartered Portfolio Manager®, a certification of the Global Academy of Finance and Management. He also obtained a BBA in Finance from Hardin-Simmons University in Abilene, Texas and an MBA from Texas A&M in Commerce, Texas.

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Chad joined Team Financial Strategies in January 2023 as the Chief Investment Officer. He brings over 20 years of investment experience that involves managing assets for various clientele, including insurance companies, trusts, corporations, mutual funds, individuals, pensions, 401-k, and foundations. Chad works diligently to structure the best possible portfolio for each client based on their unique needs. He is passionate about helping people and finding financial freedom and success for each client.

Chad is a Certified Investment Management Analyst® (CIMA®) and a member of the Investments & Wealth Institute. Chad is also a Chartered Portfolio Manager®, which is a certification of the Global Academy of Finance and Management. He also obtained a BBA in Finance from Hardin-Simmons University in Abilene, Texas and an MBA from Texas A&M in Commerce, Texas.

In addition to work, Chad is dedicated to his family and involved in the Abilene community, placing high value on his faith and church. He has been married to Keri Hoes since 2001, who is an incredible wife and homemaker for their two sons: JD and Kade. Chad enjoys activities with his family, volunteering at his church, playing golf, and being outside.

Disclosures

Important Disclosures

Teucrium Investment Advisors, LLC, an SEC-registered investment adviser wholly owned by Teucrium Trading, LLC, serves as the investment adviser and sponsor of the Texas Equity Opportunity ETF (BIGT). J. Team Financial, Inc., doing business as Team Financial Strategies, a fee-only investment advisory firm based in Abilene, Texas, serves as the Fund's sub-adviser and is responsible for the day-to-day management of the Fund's portfolio. The Fund seeks long-term capital appreciation through an actively managed portfolio of public companies driving the Texas economy across energy, technology, finance, and industry.

To determine if this Fund is an appropriate investment for you, carefully consider the Fund's investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in the Fund's full and summary prospectus, which may be obtained by calling 877-376-0082 or by visiting teucrium.com. Read the prospectus carefully before investing or sending money.

The Texas Equity Opportunity ETF is distributed by PINE Distributors LLC, 501 South Cherry Street, Suite 610, Denver, Colorado 80246, which is not affiliated with Teucrium Investment Advisors, LLC, Teucrium Trading, LLC, or Team Financial Strategies, the Sub-Adviser for the Fund.

Investing involves risk, including potential loss of capital.

BIGT: There is no guarantee that the Fund will achieve its investment goal. Investing involves risk, including the possible loss of principal. The Fund is actively managed, and its performance reflects the investment decisions of the Adviser and Sub-Adviser, whose judgments may prove incorrect. The Fund concentrates its investments in companies tied to a single state, so events affecting Texas, including its heavy exposure to the oil and gas industry, could affect the Fund more than a geographically diversified fund. The Fund is non-diversified and may invest a greater percentage of its assets in a smaller number of issuers. The Fund may invest in small- and mid-capitalization companies, which typically exhibit higher volatility and may be less liquid than larger companies. Equity securities are volatile and can decline significantly in response to issuer, market, economic, industry, political, regulatory, and geopolitical developments. There is no guarantee dividends will be paid. Diversification may not protect against market loss.

BIGT shares are bought and sold at market price, not net asset value (NAV), and may trade at a premium or discount to NAV. Shares are not individually redeemable from the Fund; only Authorized Participants may transact in Creation Units directly with the Fund, and a limited number of financial institutions act in that role. Buying and selling shares may involve brokerage commissions and bid-ask spreads, which reduce returns.

A Section 351 exchange defers tax; it does not eliminate it. Your cost basis and holding period carry over to the fund shares you receive, and gains may be recognized when you sell. Qualification depends on meeting the diversification tests of Section 351(e), including the 25% and 50% limits described above, and on contributors of property holding at least 80% control of the corporation immediately after the exchange. Portfolio rebalancing after contribution may generate taxable events inside the Fund. This material is not tax advice. Consult a qualified tax advisor or attorney about your individual situation before participating in any exchange.

BIGT is actively managed.

BIGT is new and has limited operating history.

Shares of the Fund are not FDIC insured, may lose value, and have no bank guarantee. This material must be accompanied or preceded by a prospectus. Please read the prospectus carefully before investing.

TUCRM-5581515-06/26

BIGT · in partnership with Team Financial Strategies Texas Equity Opportunity ETF