Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2016

Fair Value Disclosures [Abstract]

Summary of Assets and Liabilities Measured at Fair Value on Recurring Basis

September 30, 2016	Total		Level 1		Level 2		Level 3
Assets
U.S. Treasury bills	$	8,998,228	$	-	$	8,998,228	$	-
Futures		795,678		795,678		-		-
Forwards		150,609		16,670		133,939		-
Total assets	$	9,944,515	$	812,348	$	9,132,167	$	-
Liabilities
Futures	$	574,580	$	574,580	$	-	$	-
Forwards		114,547		69,322		45,225		-
Total liabilities	$	689,127	$	643,902	$	45,225	$	-

December 31, 2015	Total		Level 1		Level 2		Level 3
Assets
U.S. Treasury bills	$	16,998,561	$	-	$	16,998,561	$	-
Futures		817,717		817,717		-		-
Forwards		239,883		87,839		152,044		-
Total assets	$	18,056,161	$	905,556	$	17,150,605	$	-
Liabilities
Futures	$	580,290	$	580,290	$	-	$	-
Forwards		237,051		32,341		204,710		-
Total liabilities	$	817,341	$	612,631	$	204,710	$	-