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Financial Highlights (Teucrium Soybean Fund [Member])
3 Months Ended
Mar. 31, 2013
Teucrium Soybean Fund [Member]
 
Financial Highlights

Note 5 - Financial Highlights

 

The following table presents per unit performance data and other supplemental financial data for the three months ended March 31, 2013 and 2012. This information has been derived from information presented in the financial statements.

 

Per Share Operation Performance for three months ended March 31, 2013        
Net asset value at beginning of period   $ 24.13  
Income from investment operations:        
Investment (loss) income     -  
Net realized and unrealized loss on commodity futures contracts     (0.17 )
Total expenses     (0.31 )
Net decrease in net asset value     (0.48 )
Net asset value at end of period   $ 23.65  
Total Return     (1.99 )%
Ratios to Average Net Assets (Annualized)        
Total expense     5.24 %
Net investment loss     (5.19 )%

 

Per Share Operation Performance for three months ended March 31, 2012        
Net asset value at beginning of period   $ 21.86  
Income from investment operations:        
Investment income     -  
Net realized and unrealized gain on commodity futures contracts     2.79  
Total expenses     (0.59 )
Net increase in net asset value     2.20  
Net asset value at end of period   $ 24.06  
Total Return     10.11 %
Ratios to Average Net Assets (Annualized)        
Total expense     10.51 %
Net investment loss     (10.44 )%

 

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. As of March 31, 2013, there were approximately $560,000 of expenses recorded on the financial statements of the Sponsor which are subject to reimbursement by the Funds in 2013. Through the three months ended March 31, 2013, the Sponsor has not sought reimbursement from the Funds for these expenses.

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.