Note 5 - Financial Highlights

The following table presents per share performance data and other supplemental financial data for the years ended December 31, 2014 and 2013 and from the commencement of operations (March 28, 2012) through December 31, 2012. 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, as appropriate.

Per Share Operation Performance	Year ended December 31, 2014			Year ended December 31, 2013			From the commencement of operations (March 28, 2012) through December 31, 2012
Net asset value at beginning of period	$	37.93		$	48.73		50.00
From investment operations:
Investment income		-			-		-
Net realized and unrealized loss on securities		(4.70	)		(10.58	)	(1.05	)
Total net expenses		(0.18	)		(0.22	)	(0.22	)
Net decrease in net asset value		(4.88	)		(10.80	)	(1.27	)
Net asset value at end of period	$	33.05		$	37.93		48.73
Total Return		(12.87	)%		(22.16	)%	(2.54	)%
Ratios to Average Net Assets (Annualized)
Total expenses		4.70	%		3.36	%	1.18	%
Total expense, net		0.50	%		0.50	%	0.50	%
Net investment loss		(0.50	)%		(0.50	)%	(0.58	)%

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 for the period from commencement of operations (March 28, 2012) through December 31, 2012, 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.