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v3.7.0.1

Statements of Financial Condition - USD ($) | Dec. 31, 2016 | Dec. 31, 2015
--- | --- | ---
Assets |  |
Cash and cash equivalents (Notes 2 and 5) | $ 103,167,056 | $ 67,996,295
Equity in trading accounts: |  |
Cash and cash equivalents | 8,297,821 | 20,732,135
Unrealized gain (loss) on open commodity futures contracts | 2,332,880 | (7,442,340)
Receivable for shares sold | 0 | 1,238,809
Receivable from General Partner (Note 3) | 189,745 | 135,365
Dividends receivable | 10,378 | 39
ETF transaction fees receivable | 700 | 700
Total assets | 113,998,580 | 82,661,003
Liabilities and Capital |  |
Payable for shares redeemed | 785,318 | 0
General Partner management fees payable (Note 3) | 74,409 | 49,275
Professional fees payable | 107,421 | 113,211
Brokerage commissions payable | 7,176 | 5,746
Directors' fees and insurance payable | 1,184 | 661
Total liabilities | 975,508 | 168,893
Commitments and Contingencies (Notes 3, 4 and 5) |  |
Partners' Capital |  |
General Partner | 0 | 0
Limited Partners | 113,023,072 | 82,492,110
Total Partners' Capital | 113,023,072 | 82,492,110
Total liabilities and partners' capital | $ 113,998,580 | $ 82,661,003
Limited Partners' shares outstanding | 7,200,000 | 6,750,000
Net asset value per share | $ 15.70 | $ 12.22
Market value per share | $ 15.68 | $ 12.24

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