Note 8 - Financial Highlights

12 Months Ended

Dec. 31, 2015

Financial Highlights [Abstract]

Financial Highlights [Text Block]

8 - Financial Highlights

Effective January 1, 2014, the Trust qualified as an investment company solely for accounting purposes and not for any other purpose. Disclosure of financial highlights is required for investment companies. Please refer to Note 2B.

The following financial highlights relate to investment performance and operations for a Share outstanding for the years ended December 31, 2015 and 2014.

	Year Ended December 31,
	2015			2014
Net asset value per Share, beginning of period	$	15.29		$	18.77
Net investment loss(a)		(0.07	)		(0.09	)
Net realized and unrealized loss(b)		(2.05	)		(3.39	)
Net decrease in net assets from operations		(2.12	)		(3.48	)
Net asset value per Share, end of period	$	13.17		$	15.29
Total return, at net asset value(c)		(13.87	)%		(18.54	)%
Ratio to average net assets:
Net investment loss		(0.50	)%		(0.50	)%
Expenses		0.50	%		0.50	%

(a)     Based on average Shares outstanding during the period.

(b)     The amounts reported for a Share outstanding may not accord with the change in aggregate gains and losses on investment for the period due to the timing of Trust Share transactions in relation to the fluctuating fair values of the Trust’s underlying investment.

(c)     Based on the change in net asset value of a Share during the period.