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Net Asset Value and Financial Highlights (Tables)
9 Months Ended
Mar. 31, 2016
Net Asset Value And Financial Highlights [Abstract]  
Schedule Of Net Asset Value And Ratios To Average Net Assets [Table Text Block]
 
 
 
 
 
 
For the Period
 
 
 
For the Three
 
For the Nine
 
from
 
 
 
Months Ended
 
Months Ended
 
 February 19, 2015
 
 
 
March 31,
 
March 31,
 
to March 31,
 
 
 
2016
 
2016
 
2015
 
 
 
 
 
 
 
 
 
 
 
 
Net Asset Value
 
 
 
 
 
 
 
 
 
 
Net asset value per Share, beginning of period
 
$
24.21
 
$
24.24
 
$
25.00
 
Net investment income (loss)
 
 
(0.08)
 
 
(0.28)
 
 
(0.05)
 
Net realized and unrealized gain (loss)
 
 
(1.19)
 
 
(1.02)
 
 
(0.68)
 
Net Income (Loss)
 
 
(1.27)
 
 
(1.30)
 
 
(0.73)
 
Net Asset Value per Share, end of period
 
$
22.94
 
$
22.94
 
$
24.27
 
Market Value per Share, end of period
 
$
23.03
 
$
23.03
 
$
24.32
(a)
Ratios to Average Net Assets*
 
 
 
 
 
 
 
 
 
 
Expense Ratio***
 
 
1.68
%
 
1.71
%
 
1.71
%
Expense Ratio*** before Waiver/Assumption
 
 
3.15
%
 
4.41
%
 
10.56
%
Net Investment Income (Loss)
 
 
(1.46)
%
 
(1.57)
%
 
(1.71)
%
Total Return, at Net Asset Value**
 
 
(5.25)
%
 
(5.36)
%
 
(2.92)
%
Total Return, at Market Value**
 
 
(4.95)
%
 
(5.73)
%
 
(2.72)
%
 
*      Percentages are annualized.
 
**    Percentages are not annualized.
 
*** As of February 19, 2015 Fund expenses have been capped at 1.50% of average daily net assets, plus brokerage commissions and interest expense, as disclosed in Note 4.
 
(a)
Represents the closing bid/ask mean as of March 31, 2015.