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v3.3.0.814

Condensed Statements of Financial Condition - USD ($) | Sep. 30, 2015 | Dec. 31, 2014
--- | --- | ---
Assets |  |
Cash and cash equivalents (Notes 2 and 5) | $ 72,282,716 | $ 36,408,502
Equity in trading accounts: |  |
Cash and cash equivalents | 14,928,031 | 9,152,751
Unrealized gain (loss) on open commodity futures contracts | (4,364,460) | (6,347,090)
Receivable for shares sold | 0 | 2,250,175
Receivable from General Partner (Note 3) | 91,374 | 94,364
Dividends receivable | 34 | 26
ETF transaction fees receivable | 350 | 700
Total assets | 82,938,045 | 41,559,428
Liabilities and Partners' Capital |  |
General Partner management fees payable (Note 3) | 54,513 | 22,178
Professional fees payable | 88,319 | 115,836
Brokerage commissions payable | 5,746 | 1,686
Directors' fees and insurance payable | 151 | 338
Total liabilities | $ 148,729 | $ 140,038
Commitments and Contingencies (Notes 3, 4 and 5) |  |
Partners' Capital |  |
General Partner | $ 0 | $ 0
Limited Partners | 82,789,316 | 41,419,390
Total Partners' Capital | 82,789,316 | 41,419,390
Total liabilities and partners' capital | $ 82,938,045 | $ 41,559,428
Limited Partners' shares outstanding | 5,000,000 | 1,850,000
Net asset value per share | $ 16.56 | $ 22.39
Market value per share | $ 16.64 | $ 22.70

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