XML 72 R28.htm IDEA: XBRL DOCUMENT v3.7.0.1
Trust Agreement (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2017
Dec. 31, 2016
Trust Agreement [Abstract]    
Schedule Of Brokerage Rates Based On Net Capital Investment Levels Or Investments In Asset-based Fee Or Fixed Fee Investment Programs  



 

 

 

 



Net Capital Investments

 

Brokerage Fees

 



 

 

 

 



$100,000–$499,999

 

6.50 

%



$500,000–$999,999

 

6.00 

 



Greater than $1,000,000

 

5.50 

 



Asset-based or fixed fee investment programs

 

4.00 

 



Schedule Of Brokerage And Custodial Fees



 

 

 

 

 

 

 



Three months ending June 30,

 

Six months ending June 30,



2017

 

2016

 

2017

 

2016



 

 

 

 

 

 

 

Brokerage fees

$             3,158,867

 

$             3,211,829

 

$             6,409,193

 

$             6,512,152

Custodial fees

7 

 

6 

 

13 

 

33 



 

 

 

 

 

 

 

Total

$             3,158,874

 

$             3,211,835

 

$             6,409,206

 

$             6,512,185





 

 

 

 

 



2016

 

2015

 

2014



 

 

 

 

 

Brokerage fees

$           13,188,941

 

$           13,566,607

 

$           15,803,101

Custodial fees

46 

 

131 

 

213 



 

 

 

 

 

Total

$           13,188,987

 

$           13,566,738

 

$           15,803,314



Schedule Of Redemption Charges Based On Redeemed Units' Net Asset Value  



 

 

 

 

 

 



 

 

 

 

 

 



 

Redemption Charges



Subscriptions

First 6 Months

 

Second 5 Months



 

 

 

 

 

 



Less than $100,000

        4.0

%

 

        3.0

%



$100,000–$499,999

        3.5

 

 

        2.5

 



$500,000–$999,999

        3.0

 

 

        2.0

 



Greater than $1,000,000

        2.5

 

 

        1.5