Note 5 - Financial Highlights

The following table presents per unit performance data and other supplemental financial data for the six months ended June 30, 2014 and 2013. This information has been derived from information presented in the financial statements. This information has been derived from information presented in the financial statements and is presented with total expenses gross of expenses waived by the Sponsor and with total expenses net of expenses waived by the Sponsor.

	Six months ended			Six months ended
Per Share Operation Performance	June 30, 2014			June 30, 2013
Net asset value at beginning of period	$	14.10		$	17.81
Income from investment operations:
Investment income		-			-
Net realized and unrealized gain (loss) on commodity futures contracts		1.07			(2.77	)
Total expenses, net		(0.14	)		(0.12	)
Net increase (decrease) in net asset value, net of expenses waived by the sponsor		0.93			(2.89	)
Net asset value at end of period	$	15.03		$	14.92
Total Return		6.60	%		(16.23	)%
Ratios to Average Net Assets
Total expenses		6.89	%		6.24	%
Total expenses, net		1.97	%		1.54	%
Net investment loss		(1.94	)%		(1.49	)%

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 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.