FINANCIAL HIGHLIGHTS (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of per share performance data and other supplemental financial data

The following table presents per share performance data and other supplemental financial data for the years ended December 31, 2019, 2018 and 2017 for the shareholders. This information has been derived from information presented in the financial statements.


		Year ended			Year ended			Year ended
		December 31, 2019			December 31, 2018			December 31, 2017
Per Share Operating Performance:
Net asset value, beginning of year	$	15.18		$	18.18		$	15.70
Total income (loss)		5.90			(2.82)			2.61
Net expenses		(0.17)			(0.18)			(0.13)
Net increase (decrease) in net asset value		5.73			(3.00)			2.48
Net asset value, end of year	$	20.91		$	15.18		$	18.18

Total Return		37.75	%		(16.50)	%		15.80	%

Ratios to Average Net Assets
Total income (loss)		31.50	%		(14.88)	%		16.22	%
Management fees		0.75	%		0.75	%		0.75	%
Total expenses excluding management fees		0.24	%		0.23	%		0.48	%
Expenses waived		(0.09)	%		(0.08)	%		(0.33)	%
Net expenses excluding management fees		0.15	%		0.15	%		0.15	%
Net income (loss)		30.60	%		(15.78)	%		15.32	%