Factor Capital Management, LLC Announces Fund Closures of FactorShares 2X: S&P500 Bull/TBond Bear, FactorShares 2X: TBond Bull/S&P500 Bear, FactorShares 2X: S&P500 Bull/USD Bear, FactorShares 2X: Oil Bull/S&P500 Bear, and FactorShares 2X: Gold Bull/S&P500 Bear (individually, a "Fund")

SUMMIT, N.J., Nov. 5, 2013 /PRNewswire/ -- Factor Capital Management, LLC, a commodity pool operator (the "Managing Owner"), today announced that it has determined to close each of the Funds.  The following table lists the name, ticker symbol and CUSIP number of each Fund:

The Managing Owner has determined that, in light of current market conditions and as a result of each Fund's asset size, it was advisable to close each Fund.

Trading on the NYSE Arca for the shares of each Fund listed above will be suspended prior to the open of business on Friday, November 22, 2013.  Shareholders may sell their holdings on or before Thursday, November 21, 2013 and may incur customary brokerage charges.  Shareholders who do not sell their holdings on or before November 21, 2013 will receive cash equal to the amount of the net asset value of their shares along with any accrued capital gains and remaining income.  Each Fund's net asset value will reflect the costs of closing the Fund as calculated on the liquidation date.  The Board of Managers of the Managing Owner has authorized these Fund liquidations.

Factor Capital Management, LLC (http://www.factorshares.com), a Delaware limited liability company, is a registered commodity pool operator with the U.S. Commodity Futures Trading Commission and a member of the National Futures Association.

SOURCE Factor Capital Management, LLC