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Financial Highlights (Teucrium Agricultural Fund [Member])
6 Months Ended
Jun. 30, 2012
Teucrium Agricultural Fund [Member]
 
Financial Highlights

Note 5 - Financial Highlights

 

The following table presents per unit performance data and other supplemental financial data for the period from commencement of operations (March 28, 2012) through June 30, 2012. This information has been derived from information presented in the financial statements.

 

Per Share Operation Performance        
Net asset value at beginning of period   $ 50.00  
Income from investment operations:        
Investment income     -  
Net realized and unrealized loss on investment transactions     (0.33 )
Total expenses     (0.08 )
Net decrease in net asset value     (0.41 )
Net asset value at end of period   $ 49.59  
Total Return     (0.82 )%
Ratios to Average Net Assets (Annualized)        
Total expense     0.63 %
Net investment loss     (0.63 )%

 

 

Total returns are calculated based on the change in value during the period. An individual shareholder's total return and ratios may vary from the above total returns and ratios based on the timing of contributions to and withdrawals from the Fund. The ratios, excluding non-recurring expenses, have been annualized.

 

The financial highlights per share data are calculated using the average of the daily shares outstanding for the reporting period, which is inclusive of the last day of the period under report. The asset-based per share data in the financial highlights are calculated using the prior day's net assets consistent with the methodology used to calculate asset-based fees and expenses.

 

The Sponsor may, at its discretion waive the payment by the Fund of certain expenses. This election is subject to change by the Sponsor, at its discretion. For the periods from the commencement of operations (March 28, 2012) to June 30, 2012 and April 1, 2012 to June 30, 2012, this resulted in an approximate $500 reduction of fees paid by the Fund.