Fund Description: Breakwave Dry Bulk Shipping ETF is an exchange-traded index fund or Index ETF which is a series of the ETF Managers Group Commodity Trust I, a commodity pool. <P> INVESTMENT OBJECTIVE: The Breakwave Dry Bulk Shipping ETF seeks to provide investors with exposure to the daily change in the price of dry bulk freight futures, before expenses and liabilities of the Fund. <P> FUND STRATEGY: The Fund is a commodity pool that seeks to achieve its investment objective by tracking the performance of a portfolio (the Benchmark Portfolio) consisting of a three-month strip of the nearest calendar quarter of futures contracts on specified indexes (each a Reference Index) that measure rates for shipping dry bulk freight (Freight Futures). Each Reference Index is published each United Kingdom business day by the London-based Baltic Exchange Ltd. and measures the charter rate for shipping dry bulk freight in a specific size category of cargo ship - Capesize, Panamax or Supramax. The three Reference Indexes are: Capesize: the Capesize 5TC Index; Panamax: the Panamax 4TC Index; and Supramax: the Supramax 6TC Index. The Benchmark Portfolio will include all existing positions to maturity and settle them in cash. During any given calendar quarter, the Benchmark Portfolio will progressively increase its position to the next calendar quarter three-month strip, thus maintaining constant exposure to the Freight Futures market as positions mature. The Benchmark Portfolio will maintain long-only positions in Freight Futures. The Benchmark Portfolio will include a combination of Capesize, Panamax and Supramax Freight Futures. The Benchmark Portfolio is maintained by Breakwave and will be rebalanced annually. The Freight Futures currently constituting the Benchmark Portfolio, as well as the daily holdings of the Fund will be available on the Fund’s website at www.drybulketf.com. When establishing positions in Freight Futures, the Fund will be required to deposit initial margin with a value of approximately 10% to 40% of the notional value of each Freight Futures position at the time it is established. The Fund will hold cash or cash equivalents such as U.S. Treasuries or other high credit quality, short-term fixed-income or similar securities for direct investment or as collateral for the U.S. Treasuries and for other liquidity purposes and to meet redemptions that may be necessary on an ongoing basis. The Fund may also realize interest income from its holdings in U.S. Treasuries or other market rate instruments. <P> FUND/TRUST MANAGEMENT: The Fund and the Trust are managed and controlled by their sponsor and investment manager, ETF Managers Capital LLC (the Sponsor) who is s registered with the Commodity Futures Trading Commission as a commodity pool operator. The Portfolio is maintained by Breakwave Advisors LLC, which also serves as the Fund’s commodity trading advisor.