XML 19 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
Statements of Financial Condition - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Assets    
Cash and cash equivalents (Notes 2 and 5) $ 67,996,295 $ 36,408,502
Equity in trading accounts:    
Cash and cash equivalents 20,732,135 9,152,751
Unrealized gain (loss) on open commodity futures contracts (7,442,340) (6,347,090)
Receivable for shares sold 1,238,809 2,250,175
Receivable from General Partner (Note 3) 135,365 94,364
Dividends receivable 39 26
ETF transaction fees receivable 700 700
Total assets 82,661,003 41,559,428
Liabilities and Partners' Capital    
General Partner management fees payable (Note 3) 49,275 22,178
Professional fees payable 113,211 115,836
Brokerage commissions payable 5,746 1,686
Directors' fees and insurance payable 661 338
Total liabilities $ 168,893 $ 140,038
Commitments and Contingencies (Notes 3, 4 and 5)
Partners' Capital    
General Partner $ 0 $ 0
Limited Partners 82,492,110 41,419,390
Total Partners' Capital 82,492,110 41,419,390
Total liabilities and partners' capital $ 82,661,003 $ 41,559,428
Limited Partners' shares outstanding 6,750,000 1,850,000
Net asset value per share $ 12.22 $ 22.39
Market value per share $ 12.24 $ 22.7