FactorShares 2X: S&P500 Bull/TBond Bear - FORM S-1/A - EX-23.1 - CONSENT OF COUNSEL - January 20, 2011

Attached files

file filename
S-1/A - AMENDMENT NO. 4 - FactorShares 2X: S&P500 Bull/TBond Beare41616s1a.htm
EX-8.1 - FORM OF OPINION OF COUNSEL - FactorShares 2X: S&P500 Bull/TBond Beare41616ex8_1.htm
EX-5.1 - FORM OF OPINION - FactorShares 2X: S&P500 Bull/TBond Beare41616ex5_1.htm
EX-1.1 - INITIAL PURCHASER AGREEMENT - FactorShares 2X: S&P500 Bull/TBond Beare41616ex1_1.htm
EX-10.4 - TRANSFER AGENCY AND SERVICE AGREEMENT - FactorShares 2X: S&P500 Bull/TBond Beare41616ex10_4.htm
EX-10.5 - DISTRIBUTION SERVICES AGREEMENT - FactorShares 2X: S&P500 Bull/TBond Beare41616ex10_5.htm
EX-10.1 - BROKERAGE AGREEMENT - FactorShares 2X: S&P500 Bull/TBond Beare41616ex10_1.htm
EX-10.2 - ADMINISTRATION AGREEMENT - FactorShares 2X: S&P500 Bull/TBond Beare41616ex10_2.htm
EX-4.2 - FORM OF PARTICIPANT AGREEMENT - FactorShares 2X: S&P500 Bull/TBond Beare416161ex4_2.htm
EX-10.3 - CUSTODIAN AGREEMENT - FactorShares 2X: S&P500 Bull/TBond Beare41616ex10_3.htm
EX-23.4.3 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - FactorShares 2X: S&P500 Bull/TBond Beare41616ex23_4-3.htm
EX-23.4.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - FactorShares 2X: S&P500 Bull/TBond Beare41616ex23_4-1.htm
EX-23.4.5 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - FactorShares 2X: S&P500 Bull/TBond Beare41616ex23_4-5.htm
EX-23.4.4 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - FactorShares 2X: S&P500 Bull/TBond Beare41616ex23_4-4.htm
EX-23.4.2 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - FactorShares 2X: S&P500 Bull/TBond Beare41616ex23_4-2.htm
EX-4.1 - AMENDED AND RESTATED DECLARATION OF TRUST - FactorShares 2X: S&P500 Bull/TBond Beare41616ex4_1.htm

Exhibit 23.1

CONSENT OF COUNSEL

     We hereby consent to the reference to us in the Prospectus constituting part of this Pre-Effective Amendment No. 4 to the Registration Statement on Form S-1, under the captions “Material U.S. Federal Income Tax Considerations” and “Legal Matters.”

  /s/ Sidley Austin LLP

New York, New York
January 20, 2011

FactorShares 2X: S&P500 Bull/TBond Bear Reports