secwatch.observer — SEC 8-K summary
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Issuer:     Amplify Commodity Trust (BDRY)
CIK:        0001610940
Form:       8-K
Filed at:   2022-09-06T23:59:59+00:00
Accession:  0001213900-22-054215
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Breakwave Dry Bulk Shipping ETF extends expense cap of 3.50% through March 31, 2024
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- Effective Sept 1, 2022, new fee waiver/expense limitation agreements cap total annual expenses at 3.50% for BDRY until March 31, 2024.
- Prior expense limitation and fee waiver agreements (2018, 2019) terminated as of Sept 1, 2022; cap previously was until Feb 28, 2023.
- Breakwave Advisors waives its CTA fee; Sponsor ETF Managers Capital assumes other expenses above the cap.
- Breakwave may recoup waived fees within 3 years if expense ratio later falls below cap, subject to conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1610940/000121390022054215/0001213900-22-054215-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1610940/000121390022054215/ea165401-8k_etfmanage1.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-054215

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer