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v3.3.0.814

Condensed Statements of Cash Flows - USD ($) | 9 Months Ended
--- | ---
Sep. 30, 2015 | Sep. 30, 2014
Cash Flows from Operating Activities: |  |
Net income (loss) | $ (19,958,712) | $ (7,469,112)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: |  |
(Increase) decrease in commodity futures trading account - cash and cash equivalents | (5,775,280) | (23,810)
Unrealized (gain) loss on open futures contracts | (1,982,630) | 3,035,200
(Increase) decrease in receivable from General Partner | 2,990 | 39,869
(Increase) decrease in dividends receivable | (8) | 426
(Increase) decrease in directors' fees and insurance receivable | 0 | (116)
(Increase) decrease in ETF transaction fees receivable | 350 | 350
Increase (decrease) in General Partner management fees payable | 32,335 | 10,100
Increase (decrease) in professional fees payable | (27,517) | (74,978)
Increase (decrease) in brokerage commissions payable | 4,060 | 465
Increase (decrease) in directors' fees and insurance payable | (187) | (209)
Net cash provided by (used in) operating activities | (27,704,599) | (4,481,815)
Cash Flows from Financing Activities: |  |
Addition of partnership shares | 99,919,258 | 45,864,685
Redemption of partnership shares | (36,340,445) | (27,267,227)
Net cash provided by (used in) financing activities | 63,578,813 | 18,597,458
Net Increase (Decrease) in Cash and Cash Equivalents | 35,874,214 | 14,115,643
Cash and Cash Equivalents, beginning of period | 36,408,502 | 25,257,312
Cash and Cash Equivalents, end of period | $ 72,282,716 | $ 39,372,955

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