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CONTRACTS AND AGREEMENTS (Tables)
12 Months Ended
Dec. 31, 2019
CONTRACTS AND AGREEMENTS  
Schedule of brokerage commissions

 

 

 

 

 

 

 

 

 

 

 

 

    

For the Year Ended

    

For the Year Ended

    

For the Year Ended

 

 

 

December 31, 2019

 

December 31, 2018

 

December 31, 2017

 

Total commissions accrued to brokers

 

$

7,261

 

$

6,045

 

$

17,897

 

Total commissions as annualized percentage of average total net assets

 

 

0.01

%  

 

0.01

%  

 

0.02

%

Commissions accrued as a result of rebalancing

 

$

6,695

 

$

4,961

 

$

13,735

 

Percentage of commissions accrued as a result of rebalancing

 

 

92.20

%  

 

82.07

%  

 

76.74

%

Commissions accrued as a result of creation and redemption activity

 

$

566

 

$

1,084

 

$

4,162

 

Percentage of commissions accrued as a result of creation and redemption activity

 

 

7.80

%  

 

17.93

%  

 

23.26

%