Note 5 - Financial Highlights

The following table presents per unit performance data and other supplemental financial data for the year ended December 31, 2012 and for the period from the commencement of operations (February 23, 2011) through December 31, 2011. This information has been derived from information presented in the financial statements.

Per Share Operation Performance for the year ended December 31, 2012
Net asset value at beginning of period	$	44.45
Income from investment operations:
Investment income		0.04
Net realized and unrealized loss on commodity futures contracts		(1.93	)

Total expenses		(2.69	)
Net decrease in net asset value		(4.58	)
Net asset value at end of period	$	39.87
Total Return		(10.33	)%
Ratios to Average Net Assets
Total expense		6.28	%
Net investment loss		(6.20	)%

Per Share Operation Performance from commencement of operations (February 23, 2011) through December 31, 2011
Net asset value at beginning of period	$	50.00
Income (loss) from investment operations:
Investment income		0.02
Net realized and unrealized loss on commodity futures contracts		(1.28	)
Total expenses		(4.29	)
Net decrease in net asset value		(5.55	)
Net asset value at end of period	$	44.45
Total Return		(11.10	)%
Ratios to Average Net Assets (Annualized)
Total expense		10.76	%
Net investment loss		(10.71	)%

The Sponsor has the ability to elect to pay certain expenses on behalf of the Fund or waive the management fee. This election is subject to change by the Sponsor, at its discretion. For the year ended December 31, 2012, this resulted in an approximately $35,600 of the Fund's expenses being waived. No expenses were paid by the Sponsor for the period from the commencement of operations (February 23, 2011) through December 31, 2011.

Effective August 1, 2012 the Sponsor reduced the daily expense accruals for the Fund from $252 per day to $50 per day. Effective January 1, 2013, the Sponsor initiated daily expense accruals, excluding the management fee, equal to .5% of total net assets for the Fund on an annual basis. The structure of the Fund and the nature of the expenses are such that as total net assets grow, there is a scalability of expenses that may allow the total expense ratio to be reduced. As the Sponsor has initialed a percentage based daily expense accrual for the Fund, even if total net assets for the Fund fall, the total expense ratio of the Fund will not increase. The Sponsor can elect to adjust the daily expense accruals at its discretion.

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.