The following table presents information about the sponsor fee and allocation of expenses for the years ended December 31, 2013, 2012 and from the commencement of operations (February 23, 2011) through December 31, 2011.

					From the commencement of
	Year ended		Year ended		operations (February 23, 2011)
Expenses	December 31, 2013		December 31, 2012		through December 31, 2011
Management Fee to the Sponsor	$	-	$	26,649	$	44,127
Expenses by the Fund	$	30,412	$	167,430	$	474,622
Expenses Paid by the Sponsor	$	49,400	$	35,600	$	-
Waived Management Fee	$	20,300	$	-	$	-

The following table presents information about the sponsor fee and allocation of expenses for the three months ended December 31, 2013, 2012 and 2011.

	Three months ended		Three months ended		Three months ended
Expenses	December 31, 2013		December 31, 2012		December 31, 2011
Management Fee to the Sponsor	$	-	$	4,880	$	13,521
Expenses by the Fund	$	7,737	$	9,535	$	173,732
Expenses Paid by the Sponsor	$	10,100	$	7,700	$	-
Waived Management Fee	$	5,100	$	-	$	-