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Condensed Statements of Financial Condition - USD ($) | Jun. 30, 2015 | Dec. 31, 2014
--- | --- | ---
Assets |  |
Cash and cash equivalents (Notes 2 and 5) | $ 13,659,878 | $ 15,113,447
Equity in trading accounts: |  |
Cash and cash equivalents | 2,895,276 | 5,525,172
Unrealized gain (loss) on open commodity futures contracts | (1,161,481) | (4,919,890)
Receivable for shares sold | 0 | 733,461
Receivable from General Partner (Note 3) | 41,763 | 66,266
Dividends receivable | 239 | 247
Directors' fees and insurance receivable | 1,904 | 1,112
ETF transaction fees receivable | 0 | 350
Total assets | 15,437,579 | 16,520,165
Liabilities and Partners' Capital |  |
General Partner management fees payable (Note 3) | 9,407 | 11,069
Professional fees payable | 43,471 | 80,049
Brokerage commissions payable | 1,581 | 1,581
License fees payable | 1,008 | 998
Total liabilities | $ 55,467 | $ 93,697
Commitments and Contingencies (Notes 3, 4 and 5) |  |
Partners' Capital |  |
General Partner | $ 0 | $ 0
Limited Partners | 15,382,112 | 16,426,468
Total Partners' Capital | 15,382,112 | 16,426,468
Total liabilities and partners' capital | $ 15,437,579 | $ 16,520,165
Limited Partners' shares outstanding | 1,200,000 | 1,200,000
Net asset value per share | $ 12.82 | $ 13.69
Market value per share | $ 12.78 | $ 13.81

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