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Financial Highlights (Weat)
9 Months Ended
Sep. 30, 2016
Teucrium Wheat Fund [Member]  
Financial Highlights

Note 6Financial Highlights

 

The following tables present per unit performance data and other supplemental financial data for the three and nine months ended September 30, 2016 and 2015. 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, as appropriate.

 

   Three months
ended
   Three months
ended
  

Nine months ended

  

Nine months ended

 
Per Share Operation Performance  September 30, 2016   September 30, 2015   September 30, 2016   September 30, 2015 
Net asset value at beginning of period  $8.22   $12.21   $9.15   $12.72 
Income from investment operations:                    
Income   0.01    0.00    0.03    0.01 
Net realized and unrealized loss on commodity futures contracts   (0.96)   (2.03)   (1.73)   (2.35)
Total expenses, net   (0.08)   (0.10)   (0.26)   (0.30)
Net decrease in net asset value, net of expenses waived by the Sponsor   (1.03)   (2.13)   (1.96)   (2.64)
Net asset value at end of period  $7.19   $10.08   $7.19   $10.08 
Total Return   (12.53)%   (17.44)%   (21.42)%   (20.75)%
Ratios to Average Net Assets                    
Total expenses   4.67%   4.19%   4.48%   4.03%
Total expenses, net   4.29%   4.05%   4.29%   3.81%
Net investment loss   (3.74)%   (3.78)%   (3.75)%   (3.65)%

 

Effective in the third quarter 2015, the financial highlights per share data are calculated consistent with the methodology used to calculate asset-based fees and expenses. In prior periods, 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. Any change in methodology was not material to the ratios presented.