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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_FinancialInstrumentsOwnedAndNotPledgedAtFairValue_lbl" xml:lang="en-US">Investments in U.S. Treasury notes held in custody</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xml:lang="en-US">CASH AND CASH EQUIVALENTS</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestReceivable" xlink:label="us-gaap_InterestReceivable" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestReceivable" xlink:to="us-gaap_InterestReceivable_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestReceivable_lbl" xml:lang="en-US">Interest Receivable</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InterestReceivable_lbl" xml:lang="en-US">ACCRUED INTEREST RECEIVABLE</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="us-gaap_Assets" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Assets" xlink:to="us-gaap_Assets_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Assets_lbl" xml:lang="en-US">Asset</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_Assets_lbl" xml:lang="en-US">TOTAL</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="us-gaap_LiabilitiesAbstract" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAbstract" xlink:to="us-gaap_LiabilitiesAbstract_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xml:lang="en-US">Liabilities:</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xml:lang="en-US">LIABILITIES:</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredRevenue" xlink:label="us-gaap_DeferredRevenue" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredRevenue" xlink:to="us-gaap_DeferredRevenue_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredRevenue_lbl" xml:lang="en-US">Capital Contributions Received In Advance</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DeferredRevenue_lbl" xml:lang="en-US">Subscriptions by Unitholders received in advance</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="us-gaap_DerivativeLiabilities" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeLiabilities" xlink:to="us-gaap_DerivativeLiabilities_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeLiabilities_lbl" xml:lang="en-US">Derivative Liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="us-gaap_DerivativeLiabilities_lbl" xml:lang="en-US">Net unrealized depreciation on open futures and forward currency contracts</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DerivativeLiabilities_lbl" xml:lang="en-US">Net unrealized depreciation on open futures and forward currency contracts</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_DerivativeLiabilities_lbl" xml:lang="en-US">Net amounts of liabilities presented in the Statement of Financial Condition</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DueToRelatedPartiesCurrentAndNoncurrent" xlink:label="us-gaap_DueToRelatedPartiesCurrentAndNoncurrent" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DueToRelatedPartiesCurrentAndNoncurrent" xlink:to="us-gaap_DueToRelatedPartiesCurrentAndNoncurrent_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DueToRelatedPartiesCurrentAndNoncurrent_lbl" xml:lang="en-US">Due to Managing Owner</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PayablesToBrokerDealersAndClearingOrganizations" xlink:label="us-gaap_PayablesToBrokerDealersAndClearingOrganizations" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PayablesToBrokerDealersAndClearingOrganizations" xlink:to="us-gaap_PayablesToBrokerDealersAndClearingOrganizations_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PayablesToBrokerDealersAndClearingOrganizations_lbl" xml:lang="en-US">Payables to Broker-Dealers and Clearing Organizations</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PayablesToBrokerDealersAndClearingOrganizations_lbl" xml:lang="en-US">Due to brokers</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccruedProfessionalFeesCurrentAndNoncurrent" xlink:label="us-gaap_AccruedProfessionalFeesCurrentAndNoncurrent" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccruedProfessionalFeesCurrentAndNoncurrent" xlink:to="us-gaap_AccruedProfessionalFeesCurrentAndNoncurrent_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccruedProfessionalFeesCurrentAndNoncurrent_lbl" xml:lang="en-US">Accrued Brokerage Fees</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AccruedProfessionalFeesCurrentAndNoncurrent_lbl" xml:lang="en-US">Accrued brokerage and custodial fees</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ManagementFeePayable" xlink:label="us-gaap_ManagementFeePayable" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ManagementFeePayable" xlink:to="us-gaap_ManagementFeePayable_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ManagementFeePayable_lbl" xml:lang="en-US">Accrued Management Fees</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ManagementFeePayable_lbl" xml:lang="en-US">Accrued management fees</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_RedemptionsPayableToUnitholders" xlink:label="millgmt_RedemptionsPayableToUnitholders" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_RedemptionsPayableToUnitholders" xlink:to="millgmt_RedemptionsPayableToUnitholders_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_RedemptionsPayableToUnitholders_lbl" xml:lang="en-US">Amounts payable to unitholders arising from withdrawals from the respective capital accounts.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_RedemptionsPayableToUnitholders_lbl" xml:lang="en-US">Redemptions Payable To Unitholders</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_RedemptionsPayableToUnitholders_lbl" xml:lang="en-US">Redemptions payable to Unitholders</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_RedemptionsPayableToManagingOwner" xlink:label="millgmt_RedemptionsPayableToManagingOwner" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_RedemptionsPayableToManagingOwner" xlink:to="millgmt_RedemptionsPayableToManagingOwner_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_RedemptionsPayableToManagingOwner_lbl" xml:lang="en-US">Amounts payable to the Managing Owner arising from withdrawals from its capital account.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_RedemptionsPayableToManagingOwner_lbl" xml:lang="en-US">Redemptions Payable To Managing Owner</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_RedemptionsPayableToManagingOwner_lbl" xml:lang="en-US">Redemptions payable to Managing Owner</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccruedLiabilitiesCurrentAndNoncurrent" xlink:label="us-gaap_AccruedLiabilitiesCurrentAndNoncurrent" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccruedLiabilitiesCurrentAndNoncurrent" xlink:to="us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_lbl" xml:lang="en-US">Accrued Liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_lbl" xml:lang="en-US">Accrued expenses</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Liabilities" xlink:label="us-gaap_Liabilities" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Liabilities" xlink:to="us-gaap_Liabilities_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Liabilities_lbl" xml:lang="en-US">Liabilities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_Liabilities_lbl" xml:lang="en-US">Total liabilities</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PartnersCapitalAbstract" xlink:label="us-gaap_PartnersCapitalAbstract" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PartnersCapitalAbstract" xlink:to="us-gaap_PartnersCapitalAbstract_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PartnersCapitalAbstract_lbl" xml:lang="en-US">Partners' Capital [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PartnersCapitalAbstract_lbl" xml:lang="en-US">TRUST CAPITAL:</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PartnersCapital" xlink:label="us-gaap_PartnersCapital" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PartnersCapital" xlink:to="us-gaap_PartnersCapital_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PartnersCapital_lbl" xml:lang="en-US">Trust Capital</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_PartnersCapital_lbl" xml:lang="en-US">Trust capital, Ending</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_PartnersCapital_lbl" xml:lang="en-US">Trust capital, Beginning</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_PartnersCapital_lbl" xml:lang="en-US">Total trust capital</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquity" xlink:to="us-gaap_LiabilitiesAndStockholdersEquity_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xml:lang="en-US">Liabilities and Stockholders' Equity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xml:lang="en-US">TOTAL</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_NetAssetValuePerAverageUnitOutstandingAbstract" xlink:label="millgmt_NetAssetValuePerAverageUnitOutstandingAbstract" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_NetAssetValuePerAverageUnitOutstandingAbstract" xlink:to="millgmt_NetAssetValuePerAverageUnitOutstandingAbstract_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_NetAssetValuePerAverageUnitOutstandingAbstract_lbl" xml:lang="en-US">Net Asset Value Per Average Unit Outstanding [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_NetAssetValuePerAverageUnitOutstandingAbstract_lbl" xml:lang="en-US">Net Asset Value Per Average Unit Outstanding Abstract</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_NetAssetValuePerAverageUnitOutstandingAbstract_lbl" xml:lang="en-US">NET ASSET VALUE PER UNIT OUTSTANDING:</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_NetAssetValuePerUnitOutstanding" xlink:label="millgmt_NetAssetValuePerUnitOutstanding" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_NetAssetValuePerUnitOutstanding" xlink:to="millgmt_NetAssetValuePerUnitOutstanding_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_NetAssetValuePerUnitOutstanding_lbl" xml:lang="en-US">Net Asset Value Per Unit Outstanding</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_NetAssetValuePerUnitOutstanding_lbl" xml:lang="en-US">Net Asset Value Per Unit Outstanding</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_NetAssetValuePerUnitOutstanding_lbl" xml:lang="en-US">NET ASSET VALUE PER UNIT OUTSTANDING</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="millgmt_NetAssetValuePerUnitOutstanding_lbl" xml:lang="en-US">Net asset value per unit outstanding</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_FinancialInstrumentsOwnedUsGovernmentAndAgencyObligationsAtAmortizedCostHeldInTradingAccount" xlink:label="millgmt_FinancialInstrumentsOwnedUsGovernmentAndAgencyObligationsAtAmortizedCostHeldInTradingAccount" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_FinancialInstrumentsOwnedUsGovernmentAndAgencyObligationsAtAmortizedCostHeldInTradingAccount" xlink:to="millgmt_FinancialInstrumentsOwnedUsGovernmentAndAgencyObligationsAtAmortizedCostHeldInTradingAccount_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_FinancialInstrumentsOwnedUsGovernmentAndAgencyObligationsAtAmortizedCostHeldInTradingAccount_lbl" xml:lang="en-US">Financial instruments owned us government and agency obligations at amortized cost held in trading account.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_FinancialInstrumentsOwnedUsGovernmentAndAgencyObligationsAtAmortizedCostHeldInTradingAccount_lbl" xml:lang="en-US">Financial Instruments Owned Us Government and Agency Obligations at Amortized Cost Held in Trading Account</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_FinancialInstrumentsOwnedUsGovernmentAndAgencyObligationsAtAmortizedCostHeldInTradingAccount_lbl" xml:lang="en-US">Investments in U.S. Treasury notes - amortized cost</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetReportingCurrencyDenominatedValue" xlink:label="us-gaap_AssetReportingCurrencyDenominatedValue" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetReportingCurrencyDenominatedValue" xlink:to="us-gaap_AssetReportingCurrencyDenominatedValue_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetReportingCurrencyDenominatedValue_lbl" xml:lang="en-US">Asset, Reporting Currency Denominated, Value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_AssetReportingCurrencyDenominatedValue_lbl" xml:lang="en-US">Cash denominated in foreign currencies, cost</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_FinancialInstrumentsOwnedUsGovernmentAndAgencyObligationsAtAmortizedCostHeldInCustodyAccount" xlink:label="millgmt_FinancialInstrumentsOwnedUsGovernmentAndAgencyObligationsAtAmortizedCostHeldInCustodyAccount" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_FinancialInstrumentsOwnedUsGovernmentAndAgencyObligationsAtAmortizedCostHeldInCustodyAccount" xlink:to="millgmt_FinancialInstrumentsOwnedUsGovernmentAndAgencyObligationsAtAmortizedCostHeldInCustodyAccount_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_FinancialInstrumentsOwnedUsGovernmentAndAgencyObligationsAtAmortizedCostHeldInCustodyAccount_lbl" xml:lang="en-US">Financial instruments owned US government and agency obligations at amortized cost held in custody account.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_FinancialInstrumentsOwnedUsGovernmentAndAgencyObligationsAtAmortizedCostHeldInCustodyAccount_lbl" xml:lang="en-US">Financial Instruments Owned Us Government and Agency Obligations at Amortized Cost Held in Custody Account</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_FinancialInstrumentsOwnedUsGovernmentAndAgencyObligationsAtAmortizedCostHeldInCustodyAccount_lbl" xml:lang="en-US">INVESTMENTS IN U.S. TREASURY NOTES - amortized cost</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PartnersCapitalAccountUnits" xlink:label="us-gaap_PartnersCapitalAccountUnits" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PartnersCapitalAccountUnits" xlink:to="us-gaap_PartnersCapitalAccountUnits_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PartnersCapitalAccountUnits_lbl" xml:lang="en-US">Partners' Capital Account, Units</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_PartnersCapitalAccountUnits_lbl" xml:lang="en-US">Trust capital, units, Ending</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_ExchangeTradedFuturesContractsEnergiesMember_lbl" xml:lang="en-US">Exchange Traded Futures Contracts Energies [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_ExchangeTradedFuturesContractsEnergiesMember_lbl" xml:lang="en-US">Exchange Traded Futures Contracts Energies [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_ExchangeTradedFuturesContractsEnergiesMember_lbl" xml:lang="en-US">Energies [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_ExchangeTradedFuturesContractsGrainsMember_lbl" xml:lang="en-US">Exchange Traded Futures Contracts Grains [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_ExchangeTradedFuturesContractsGrainsMember_lbl" xml:lang="en-US">Exchange Traded Futures Contracts Grains [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_ExchangeTradedFuturesContractsGrainsMember_lbl" xml:lang="en-US">Grains [Member]</label>
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    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_ExchangeTradedFuturesContractsLivestockMember" xlink:label="millgmt_ExchangeTradedFuturesContractsLivestockMember" />
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_ExchangeTradedFuturesContractsLivestockMember_lbl" xml:lang="en-US">Exchange Traded Futures Contracts Livestock [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_ExchangeTradedFuturesContractsLivestockMember_lbl" xml:lang="en-US">Exchange Traded Futures Contracts Livestock [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_ExchangeTradedFuturesContractsLivestockMember_lbl" xml:lang="en-US">Livestock [Member]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_ExchangeTradedFuturesContractsMetalsMember" xlink:label="millgmt_ExchangeTradedFuturesContractsMetalsMember" />
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_ExchangeTradedFuturesContractsMetalsMember_lbl" xml:lang="en-US">Exchange Traded Futures Contracts Metals [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_ExchangeTradedFuturesContractsMetalsMember_lbl" xml:lang="en-US">Exchange Traded Futures Contracts Metals [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_ExchangeTradedFuturesContractsMetalsMember_lbl" xml:lang="en-US">Metals [Member]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_ExchangeTradedFuturesContractsSoftsMember" xlink:label="millgmt_ExchangeTradedFuturesContractsSoftsMember" />
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_ExchangeTradedFuturesContractsSoftsMember_lbl" xml:lang="en-US">Exchange Traded Futures Contracts Softs [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_ExchangeTradedFuturesContractsSoftsMember_lbl" xml:lang="en-US">Exchange Traded Futures Contracts Softs [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_ExchangeTradedFuturesContractsSoftsMember_lbl" xml:lang="en-US">Softs [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_ExchangeTradedFuturesContractsStockIndicesMember_lbl" xml:lang="en-US">Exchange Traded Futures Contracts Stock Indices [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_ExchangeTradedFuturesContractsStockIndicesMember_lbl" xml:lang="en-US">Stock Indices [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ForwardContractsMember_lbl" xml:lang="en-US">Forward Contracts [Member]</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SummaryOfInvestmentHoldingsLineItems" xlink:label="us-gaap_SummaryOfInvestmentHoldingsLineItems" />
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InvestmentOwnedPercentOfNetAssets_lbl" xml:lang="en-US">Net Unrealized Appreciation/(Depreciation) as a % of Trust Capital</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_NetRealizedGainsLossesAbstract_lbl" xml:lang="en-US">NET REALIZED AND UNREALIZED GAINS (LOSSES):</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivativesAndCommodityContractsAbstract" xlink:label="us-gaap_UnrealizedGainLossOnDerivativesAndCommodityContractsAbstract" />
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_UnrealizedGainLossOnDerivativesAndCommodityContractsAbstract_lbl" xml:lang="en-US">Net change in unrealized:</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnrealizedGainLossOnDerivativesAndCommodityContracts" xlink:label="us-gaap_UnrealizedGainLossOnDerivativesAndCommodityContracts" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrealizedGainLossOnDerivativesAndCommodityContracts" xlink:to="us-gaap_UnrealizedGainLossOnDerivativesAndCommodityContracts_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UnrealizedGainLossOnDerivativesAndCommodityContracts_lbl" xml:lang="en-US">Unrealized Gain (Loss) on Derivatives</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_UnrealizedGainLossOnDerivativesAndCommodityContracts_lbl" xml:lang="en-US">Futures and forward currency contracts</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ForeignCurrencyTransactionGainLossUnrealized" xlink:to="us-gaap_ForeignCurrencyTransactionGainLossUnrealized_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ForeignCurrencyTransactionGainLossUnrealized_lbl" xml:lang="en-US">Foreign Currency Transaction Gain (Loss), Unrealized</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ForeignCurrencyTransactionGainLossUnrealized_lbl" xml:lang="en-US">Foreign exchange translation</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_NetGainsLossesFromUsTreasuryNotesAbstract" xlink:label="millgmt_NetGainsLossesFromUsTreasuryNotesAbstract" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_NetGainsLossesFromUsTreasuryNotesAbstract" xlink:to="millgmt_NetGainsLossesFromUsTreasuryNotesAbstract_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_NetGainsLossesFromUsTreasuryNotesAbstract_lbl" xml:lang="en-US">Net Gains Losses From US Treasury Notes Abstract</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_NetGainsLossesFromUsTreasuryNotesAbstract_lbl" xml:lang="en-US">Net Gains Losses From US Treasury Notes Abstract</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_NetGainsLossesFromUsTreasuryNotesAbstract_lbl" xml:lang="en-US">Net gains (losses) from U.S. Treasury notes:</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnSaleOfSecuritiesNet" xlink:to="us-gaap_GainLossOnSaleOfSecuritiesNet_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnSaleOfSecuritiesNet_lbl" xml:lang="en-US">Realized Gain Loss From Us Treasury Notes</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_GainLossOnSaleOfSecuritiesNet_lbl" xml:lang="en-US">Realized</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_UnrealizedGainLossOnSecurities" xlink:label="us-gaap_UnrealizedGainLossOnSecurities" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrealizedGainLossOnSecurities" xlink:to="us-gaap_UnrealizedGainLossOnSecurities_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UnrealizedGainLossOnSecurities_lbl" xml:lang="en-US">Net Change In Unrealized from US Treasury Notes</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_UnrealizedGainLossOnSecurities_lbl" xml:lang="en-US">Net change in unrealized</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GainLossOnInvestments" xlink:label="us-gaap_GainLossOnInvestments" />
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnInvestments_lbl" xml:lang="en-US">Net Realized and Unrealized Gains Losses</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_GainLossOnInvestments_lbl" xml:lang="en-US">TOTAL NET REALIZED AND UNREALIZED GAINS (LOSSES)</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_NetIncomeLossBeforeProfitShare" xlink:label="millgmt_NetIncomeLossBeforeProfitShare" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_NetIncomeLossBeforeProfitShare" xlink:to="millgmt_NetIncomeLossBeforeProfitShare_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_NetIncomeLossBeforeProfitShare_lbl" xml:lang="en-US">Aggregate amount of net income (loss) before profit share.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_NetIncomeLossBeforeProfitShare_lbl" xml:lang="en-US">Net Income Loss Before Profit Share</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_NetIncomeLossBeforeProfitShare_lbl" xml:lang="en-US">Net income (loss) before profit share to Managing Owner</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="millgmt_NetIncomeLossBeforeProfitShare_lbl" xml:lang="en-US">NET INCOME (LOSS)</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_ProfitShareAllocatedToManagingOwner" xlink:label="millgmt_ProfitShareAllocatedToManagingOwner" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_ProfitShareAllocatedToManagingOwner" xlink:to="millgmt_ProfitShareAllocatedToManagingOwner_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_ProfitShareAllocatedToManagingOwner_lbl" xml:lang="en-US">Profit Share Allocated to Managing Owner</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_ProfitShareAllocatedToManagingOwner_lbl" xml:lang="en-US">Profit Share Allocated to Managing Owner</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="millgmt_ProfitShareAllocatedToManagingOwner_lbl" xml:lang="en-US">Profit share to Managing Owner:</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_ProfitShareAllocatedToManagingOwner_lbl" xml:lang="en-US">LESS PROFIT SHARE TO (FROM) MANAGING OWNER</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="us-gaap_NetIncomeLoss" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetIncomeLoss_lbl" xml:lang="en-US">Net Income (Loss) Attributable to Parent</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:label="us-gaap_NetIncomeLoss_lbl" xml:lang="en-US">Net income after profit share to Managing Owner</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetIncomeLoss_lbl" xml:lang="en-US">NET INCOME (LOSS) AFTER PROFIT SHARE TO MANAGING OWNER</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDilutedAbstract" xlink:label="us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDilutedAbstract" />
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDilutedAbstract_lbl" xml:lang="en-US">Net Income (Loss), Per Outstanding Limited Partnership and General Partnership Unit, Basic and Diluted, Net of Tax [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDilutedAbstract_lbl" xml:lang="en-US">NET INCOME (LOSS) PER UNIT OUTSTANDING</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted" xlink:label="us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted" xlink:to="us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted_lbl" xml:lang="en-US">Net Income (Loss), Per Outstanding Limited Partnership and General Partnership Unit, Basic and Diluted, Net of Tax</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasicAndDiluted_lbl" xml:lang="en-US">Unitholders</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CapitalAbstract" xlink:label="us-gaap_CapitalAbstract" />
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CapitalAbstract_lbl" xml:lang="en-US">Statements Of Changes In Trust Capital [Abstract]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_NewProfitMemoAccountMember" xlink:label="millgmt_NewProfitMemoAccountMember" />
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_NewProfitMemoAccountMember_lbl" xml:lang="en-US">New Profit Memo Account [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_NewProfitMemoAccountMember_lbl" xml:lang="en-US">New Profit Memo Account [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_NewProfitMemoAccountMember_lbl" xml:lang="en-US">New Profit Memo Account [Member]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_ManagingOwnerMember" xlink:label="millgmt_ManagingOwnerMember" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_ManagingOwnerMember" xlink:to="millgmt_ManagingOwnerMember_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_ManagingOwnerMember_lbl" xml:lang="en-US">Managing Owner [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_ManagingOwnerMember_lbl" xml:lang="en-US">Managing Owner [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_ManagingOwnerMember_lbl" xml:lang="en-US">Managing Owner [Member]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PartnersCapitalAccountContributions" xlink:label="us-gaap_PartnersCapitalAccountContributions" />
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PartnersCapitalAccountContributions_lbl" xml:lang="en-US">Partners' Capital Account, Contributions</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PartnersCapitalAccountUnitsContributed_lbl" xml:lang="en-US">Subscriptions, units</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PartnersCapitalAccountRedemptions" xlink:label="us-gaap_PartnersCapitalAccountRedemptions" />
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PartnersCapitalAccountRedemptions_lbl" xml:lang="en-US">Partners' Capital Account, Redemptions</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_PartnersCapitalAccountRedemptions_lbl" xml:lang="en-US">Redemptions</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PartnersCapitalAccountUnitsRedeemed" xlink:label="us-gaap_PartnersCapitalAccountUnitsRedeemed" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PartnersCapitalAccountUnitsRedeemed" xlink:to="us-gaap_PartnersCapitalAccountUnitsRedeemed_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PartnersCapitalAccountUnitsRedeemed_lbl" xml:lang="en-US">Partners' Capital Account, Units, Redeemed</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="us-gaap_PartnersCapitalAccountUnitsRedeemed_lbl" xml:lang="en-US">Redemptions, units</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PartnersCapitalAccountSaleOfUnits" xlink:label="us-gaap_PartnersCapitalAccountSaleOfUnits" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PartnersCapitalAccountSaleOfUnits" xlink:to="us-gaap_PartnersCapitalAccountSaleOfUnits_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PartnersCapitalAccountSaleOfUnits_lbl" xml:lang="en-US">Additional Units Allocated Value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PartnersCapitalAccountSaleOfUnits_lbl" xml:lang="en-US">Addt'l units allocated</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PartnersCapitalAccountUnitsSaleOfUnits" xlink:label="us-gaap_PartnersCapitalAccountUnitsSaleOfUnits" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PartnersCapitalAccountUnitsSaleOfUnits" xlink:to="us-gaap_PartnersCapitalAccountUnitsSaleOfUnits_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PartnersCapitalAccountUnitsSaleOfUnits_lbl" xml:lang="en-US">Additional Units Allocated</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PartnersCapitalAccountUnitsSaleOfUnits_lbl" xml:lang="en-US">Addt'l units allocated, units</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_ProfitShareUnitsAllocatedToManagingOwner" xlink:label="millgmt_ProfitShareUnitsAllocatedToManagingOwner" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_ProfitShareUnitsAllocatedToManagingOwner" xlink:to="millgmt_ProfitShareUnitsAllocatedToManagingOwner_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_ProfitShareUnitsAllocatedToManagingOwner_lbl" xml:lang="en-US">Represents the profit share allocated (in units) to the Managing Owner.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_ProfitShareUnitsAllocatedToManagingOwner_lbl" xml:lang="en-US">Profit Share Units Allocated To Managing Owner</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="millgmt_ProfitShareUnitsAllocatedToManagingOwner_lbl" xml:lang="en-US">Managing Ownder's profit share, units</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_TransferOfNewProfitMemoAccountToManagingOwner" xlink:label="millgmt_TransferOfNewProfitMemoAccountToManagingOwner" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_TransferOfNewProfitMemoAccountToManagingOwner" xlink:to="millgmt_TransferOfNewProfitMemoAccountToManagingOwner_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_TransferOfNewProfitMemoAccountToManagingOwner_lbl" xml:lang="en-US">Transfer Of New Profit Memo Account To Managing Owner</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_TransferOfNewProfitMemoAccountToManagingOwner_lbl" xml:lang="en-US">Transfer Of New Profit Memo Account To Managing Owner</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_TransferOfNewProfitMemoAccountToManagingOwnerUnits" xlink:label="millgmt_TransferOfNewProfitMemoAccountToManagingOwnerUnits" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_TransferOfNewProfitMemoAccountToManagingOwnerUnits" xlink:to="millgmt_TransferOfNewProfitMemoAccountToManagingOwnerUnits_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_TransferOfNewProfitMemoAccountToManagingOwnerUnits_lbl" xml:lang="en-US">Transfer Of New Profit Memo Account To Managing Owner Units</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_TransferOfNewProfitMemoAccountToManagingOwnerUnits_lbl" xml:lang="en-US">Transfer Of New Profit Memo Account To Managing Owner Units</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_TransferOfNewProfitMemoAccountToManagingOwnerUnits_lbl" xml:lang="en-US">Transfer Of New Profit Memo Account To Managing Owner, units</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_BrokerageFeePercentageMaximum" xlink:label="millgmt_BrokerageFeePercentageMaximum" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_BrokerageFeePercentageMaximum" xlink:to="millgmt_BrokerageFeePercentageMaximum_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_BrokerageFeePercentageMaximum_lbl" xml:lang="en-US">Brokerage Fee Percentage Maximum</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_BrokerageFeePercentageMaximum_lbl" xml:lang="en-US">Brokerage Fee Percentage Maximum</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_BrokerageFeePercentageMaximum_lbl" xml:lang="en-US">Brokerage fee percentage, maximum</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_StatementOfFinancialHighlightsAbstract" xlink:label="millgmt_StatementOfFinancialHighlightsAbstract" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_StatementOfFinancialHighlightsAbstract" xlink:to="millgmt_StatementOfFinancialHighlightsAbstract_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_StatementOfFinancialHighlightsAbstract_lbl" xml:lang="en-US">Statement of financial highlights [abstract].</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_StatementOfFinancialHighlightsAbstract_lbl" xml:lang="en-US">Statement Of Financial Highlights [Abstract]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAttributableToReportingEntityAbstract" xlink:label="us-gaap_NetIncomeLossAttributableToReportingEntityAbstract" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLossAttributableToReportingEntityAbstract" xlink:to="us-gaap_NetIncomeLossAttributableToReportingEntityAbstract_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetIncomeLossAttributableToReportingEntityAbstract_lbl" xml:lang="en-US">Net loss from operations:</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NetIncomeLossAttributableToReportingEntityAbstract_lbl" xml:lang="en-US">Net income (loss) from operations:</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_NetInvestmentIncomeLossPerUnit" xlink:label="millgmt_NetInvestmentIncomeLossPerUnit" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_NetInvestmentIncomeLossPerUnit" xlink:to="millgmt_NetInvestmentIncomeLossPerUnit_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_NetInvestmentIncomeLossPerUnit_lbl" xml:lang="en-US">Investment income less total expenses per weighted average unit outstanding.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_NetInvestmentIncomeLossPerUnit_lbl" xml:lang="en-US">Net Investment Income Loss per Unit</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_NetInvestmentIncomeLossPerUnit_lbl" xml:lang="en-US">Net investment loss</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_TradingGainsLossesPerUnit" xlink:label="millgmt_TradingGainsLossesPerUnit" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_TradingGainsLossesPerUnit" xlink:to="millgmt_TradingGainsLossesPerUnit_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_TradingGainsLossesPerUnit_lbl" xml:lang="en-US">Represents realized and change in unrealized on trading of futures and forward contracts and foreign exchange translation per weighted average unit outstanding.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_TradingGainsLossesPerUnit_lbl" xml:lang="en-US">Trading Gains Losses Per unit</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_TradingGainsLossesPerUnit_lbl" xml:lang="en-US">Net realized and unrealized gains on trading of futures and forward currency contracts</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_USTreasuryNotesGainsLossesPerUnit" xlink:label="millgmt_USTreasuryNotesGainsLossesPerUnit" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_USTreasuryNotesGainsLossesPerUnit" xlink:to="millgmt_USTreasuryNotesGainsLossesPerUnit_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_USTreasuryNotesGainsLossesPerUnit_lbl" xml:lang="en-US">Represents realized and change in unrealized on trading of US Treasury Notes per weighted average unit outstanding.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_USTreasuryNotesGainsLossesPerUnit_lbl" xml:lang="en-US">U s Treasury Notes Gains Losses Per Unit</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_USTreasuryNotesGainsLossesPerUnit_lbl" xml:lang="en-US">Net gains (losses) from U.S. Treasury obligations</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_NetIncomeLossFromOperationsPerUnitBeforeProfitShareAllocatedToManagingOwner" xlink:label="millgmt_NetIncomeLossFromOperationsPerUnitBeforeProfitShareAllocatedToManagingOwner" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_NetIncomeLossFromOperationsPerUnitBeforeProfitShareAllocatedToManagingOwner" xlink:to="millgmt_NetIncomeLossFromOperationsPerUnitBeforeProfitShareAllocatedToManagingOwner_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_NetIncomeLossFromOperationsPerUnitBeforeProfitShareAllocatedToManagingOwner_lbl" xml:lang="en-US">Net Income Loss From Operations Per Unit Before Profit Share Allocated To Managing Owner</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_NetIncomeLossFromOperationsPerUnitBeforeProfitShareAllocatedToManagingOwner_lbl" xml:lang="en-US">Net Income Loss From Operations Per Unit Before Profit Share Allocated To Managing Owner</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="millgmt_NetIncomeLossFromOperationsPerUnitBeforeProfitShareAllocatedToManagingOwner_lbl" xml:lang="en-US">Net income from operations</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_ProfitShareAllocatedToManagingOwnerPerUnit" xlink:label="millgmt_ProfitShareAllocatedToManagingOwnerPerUnit" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_ProfitShareAllocatedToManagingOwnerPerUnit" xlink:to="millgmt_ProfitShareAllocatedToManagingOwnerPerUnit_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_ProfitShareAllocatedToManagingOwnerPerUnit_lbl" xml:lang="en-US">Represents the profit share allocated to the managing owner per weighted average unit outstanding</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_ProfitShareAllocatedToManagingOwnerPerUnit_lbl" xml:lang="en-US">Profit Share Allocated To Managing Owner Per Unit</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_ProfitShareAllocatedToManagingOwnerPerUnit_lbl" xml:lang="en-US">Profit share allocated to Managing Owner</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_NetIncomeLossPerUnit" xlink:label="millgmt_NetIncomeLossPerUnit" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_NetIncomeLossPerUnit" xlink:to="millgmt_NetIncomeLossPerUnit_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_NetIncomeLossPerUnit_lbl" xml:lang="en-US">Net income loss per unit.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_NetIncomeLossPerUnit_lbl" xml:lang="en-US">Net Income Loss Per Unit</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="millgmt_NetIncomeLossPerUnit_lbl" xml:lang="en-US">Net income (loss) per unit</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_NetAssetValuePerUnit" xlink:label="millgmt_NetAssetValuePerUnit" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_NetAssetValuePerUnit" xlink:to="millgmt_NetAssetValuePerUnit_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_NetAssetValuePerUnit_lbl" xml:lang="en-US">Net Asset Value Per Unit</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_NetAssetValuePerUnit_lbl" xml:lang="en-US">Net Asset Value Per Unit</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="millgmt_NetAssetValuePerUnit_lbl" xml:lang="en-US">Net asset value per unit, end of period</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="millgmt_NetAssetValuePerUnit_lbl" xml:lang="en-US">Net asset value per unit, beginning of period</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_RatiosToAverageCapitalAbstract" xlink:label="millgmt_RatiosToAverageCapitalAbstract" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_RatiosToAverageCapitalAbstract" xlink:to="millgmt_RatiosToAverageCapitalAbstract_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_RatiosToAverageCapitalAbstract_lbl" xml:lang="en-US">Ratios To Average Capital [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_RatiosToAverageCapitalAbstract_lbl" xml:lang="en-US">Ratios To Average Capital Abstract</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_RatiosToAverageCapitalAbstract_lbl" xml:lang="en-US">RATIOS TO AVERAGE CAPITAL:</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_NetInvestmentIncomeLossRatio" xlink:label="millgmt_NetInvestmentIncomeLossRatio" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_NetInvestmentIncomeLossRatio" xlink:to="millgmt_NetInvestmentIncomeLossRatio_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_NetInvestmentIncomeLossRatio_lbl" xml:lang="en-US">Investment income less total expenses as a percentage of average capital.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_NetInvestmentIncomeLossRatio_lbl" xml:lang="en-US">Net Investment Income Loss Ratio</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_NetInvestmentIncomeLossRatio_lbl" xml:lang="en-US">Net investment loss</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_TotalExpenseRatio" xlink:label="millgmt_TotalExpenseRatio" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_TotalExpenseRatio" xlink:to="millgmt_TotalExpenseRatio_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_TotalExpenseRatio_lbl" xml:lang="en-US">Total expenses as a percentage of average capital.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_TotalExpenseRatio_lbl" xml:lang="en-US">Total Expense Ratio</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_TotalExpenseRatio_lbl" xml:lang="en-US">Total expenses</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_ProfitShareAllocatedToManagingOwnerRatio" xlink:label="millgmt_ProfitShareAllocatedToManagingOwnerRatio" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_ProfitShareAllocatedToManagingOwnerRatio" xlink:to="millgmt_ProfitShareAllocatedToManagingOwnerRatio_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_ProfitShareAllocatedToManagingOwnerRatio_lbl" xml:lang="en-US">Represents the profit share allocated to the Managing Owner as a percentage of average capital.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_ProfitShareAllocatedToManagingOwnerRatio_lbl" xml:lang="en-US">Profit Share Allocated To Managing Owner Ratio</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_ProfitShareAllocatedToManagingOwnerRatio_lbl" xml:lang="en-US">Profit share allocation</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_TotalExpenseAndProfitShareRatio" xlink:label="millgmt_TotalExpenseAndProfitShareRatio" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_TotalExpenseAndProfitShareRatio" xlink:to="millgmt_TotalExpenseAndProfitShareRatio_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_TotalExpenseAndProfitShareRatio_lbl" xml:lang="en-US">Total expenses and profit share allocation as a percentage of average capital.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_TotalExpenseAndProfitShareRatio_lbl" xml:lang="en-US">Total Expense And Profit Share Ratio</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_TotalExpenseAndProfitShareRatio_lbl" xml:lang="en-US">TOTAL EXPENSES AND PROFIT SHARE ALLOCATION</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_TotalReturnBeforeProfitShareAllocation" xlink:label="millgmt_TotalReturnBeforeProfitShareAllocation" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_TotalReturnBeforeProfitShareAllocation" xlink:to="millgmt_TotalReturnBeforeProfitShareAllocation_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_TotalReturnBeforeProfitShareAllocation_lbl" xml:lang="en-US">Total return before profit share allocation</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_TotalReturnBeforeProfitShareAllocation_lbl" xml:lang="en-US">Total Return Before Profit Share Allocation</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="millgmt_TotalReturnBeforeProfitShareAllocation_lbl" xml:lang="en-US">Total return before profit share allocation</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_ProfitShareAllocation" xlink:label="millgmt_ProfitShareAllocation" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_ProfitShareAllocation" xlink:to="millgmt_ProfitShareAllocation_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_ProfitShareAllocation_lbl" xml:lang="en-US">Profit Share Allocation</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="millgmt_ProfitShareAllocation_lbl" xml:lang="en-US">Less: Profit share allocation</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_TotalReturnAfterProfitShareAllocation_lbl" xml:lang="en-US">Total Return After Profit Share Allocation</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xml:lang="en-US">Organization [Abstract]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:to="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl" xml:lang="en-US">Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]</label>
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="us-gaap_AccountingPoliciesAbstract" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_AccountingPoliciesAbstract_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountingPoliciesAbstract_lbl" xml:lang="en-US">Summary Of Significant Accounting Policies [Abstract]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SignificantAccountingPoliciesTextBlock" xlink:to="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xml:lang="en-US">Significant Accounting Policies [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xml:lang="en-US">Summary Of Significant Accounting Policies</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAbstract" xlink:label="millgmt_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAbstract" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAbstract" xlink:to="millgmt_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAbstract_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAbstract_lbl" xml:lang="en-US">Basis of Presentation and Summary of Significant Accounting Policies [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_BasisOfPresentationAndSummaryOfSignificantAccountingPoliciesAbstract_lbl" xml:lang="en-US">Basis Of Presentation And Summary Of Significant Accounting Policies [Abstract]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock" xlink:label="us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock" xlink:to="us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock_lbl" xml:lang="en-US">Basis of Presentation and Significant Accounting Policies [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_BasisOfPresentationAndSignificantAccountingPoliciesTextBlock_lbl" xml:lang="en-US">Basis Of Presentation And Summary Of Significant Accounting Policies</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_TrustAgreementAbstract" xlink:label="millgmt_TrustAgreementAbstract" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_TrustAgreementAbstract" xlink:to="millgmt_TrustAgreementAbstract_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_TrustAgreementAbstract_lbl" xml:lang="en-US">Trust Agreement [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_TrustAgreementAbstract_lbl" xml:lang="en-US">Trust Agreement [Abstract]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_TrustAgreementTextBlock" xlink:label="millgmt_TrustAgreementTextBlock" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_TrustAgreementTextBlock" xlink:to="millgmt_TrustAgreementTextBlock_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_TrustAgreementTextBlock_lbl" xml:lang="en-US">Trust Agreement [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_TrustAgreementTextBlock_lbl" xml:lang="en-US">Trust Agreement [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_TrustAgreementTextBlock_lbl" xml:lang="en-US">Trust Agreement</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsAbstract" xlink:label="us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsAbstract" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsAbstract" xlink:to="us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsAbstract_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsAbstract_lbl" xml:lang="en-US">Due From/To Brokers [Abstract]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsDisclosure" xlink:label="us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsDisclosure" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsDisclosure" xlink:to="us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsDisclosure_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsDisclosure_lbl" xml:lang="en-US">Due to and from Broker-Dealers and Clearing Organizations Disclosure [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsDisclosure_lbl" xml:lang="en-US">Due From/To Brokers</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_TradingActivitiesAbstract" xlink:label="millgmt_TradingActivitiesAbstract" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_TradingActivitiesAbstract" xlink:to="millgmt_TradingActivitiesAbstract_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_TradingActivitiesAbstract_lbl" xml:lang="en-US">Trading Activities [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_TradingActivitiesAbstract_lbl" xml:lang="en-US">Trading Activities [Abstract]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_TradingActivitiesTextBlock" xlink:label="millgmt_TradingActivitiesTextBlock" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_TradingActivitiesTextBlock" xlink:to="millgmt_TradingActivitiesTextBlock_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_TradingActivitiesTextBlock_lbl" xml:lang="en-US">Trading Activities [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_TradingActivitiesTextBlock_lbl" xml:lang="en-US">Trading Activities [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_TradingActivitiesTextBlock_lbl" xml:lang="en-US">Trading Activities</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract" xlink:label="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract" xlink:to="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract_lbl" />
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xlink:label="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xlink:to="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_lbl" xml:lang="en-US">Derivative Instruments and Hedging Activities Disclosure [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_lbl" xml:lang="en-US">Derivative Instruments</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_FinancialHighlightsAbstract" xlink:label="millgmt_FinancialHighlightsAbstract" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_FinancialHighlightsAbstract" xlink:to="millgmt_FinancialHighlightsAbstract_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_FinancialHighlightsAbstract_lbl" xml:lang="en-US">Financial highlights [Abstract].</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_FinancialHighlightsAbstract_lbl" xml:lang="en-US">Financial Highlights [Abstract]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_FinancialHighlightsDisclosureTextBlock" xlink:label="millgmt_FinancialHighlightsDisclosureTextBlock" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_FinancialHighlightsDisclosureTextBlock" xlink:to="millgmt_FinancialHighlightsDisclosureTextBlock_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_FinancialHighlightsDisclosureTextBlock_lbl" xml:lang="en-US">Financial Highlights Disclosure [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_FinancialHighlightsDisclosureTextBlock_lbl" xml:lang="en-US">Financial Highlights Disclosure [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_FinancialHighlightsDisclosureTextBlock_lbl" xml:lang="en-US">Financial Highlights</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_RedemptionPayableToManagingOwnerAbstract" xlink:label="millgmt_RedemptionPayableToManagingOwnerAbstract" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_RedemptionPayableToManagingOwnerAbstract" xlink:to="millgmt_RedemptionPayableToManagingOwnerAbstract_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_RedemptionPayableToManagingOwnerAbstract_lbl" xml:lang="en-US">Redemption Payable To Managing Owner [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_RedemptionPayableToManagingOwnerAbstract_lbl" xml:lang="en-US">Redemption Payable To Managing Owner [Abstract]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_RedemptionPayableToManagingOwnerTextBlock" xlink:label="millgmt_RedemptionPayableToManagingOwnerTextBlock" />
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_RedemptionPayableToManagingOwnerTextBlock_lbl" xml:lang="en-US">Redemption Payable To Managing Owner [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_RedemptionPayableToManagingOwnerTextBlock_lbl" xml:lang="en-US">Redemption Payable To Managing Owner [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_RedemptionPayableToManagingOwnerTextBlock_lbl" xml:lang="en-US">Redemption Payable To Managing Owner</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventsAbstract" xlink:label="us-gaap_SubsequentEventsAbstract" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventsAbstract" xlink:to="us-gaap_SubsequentEventsAbstract_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventsAbstract_lbl" xml:lang="en-US">Subsequent Events [Abstract]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventsTextBlock" xlink:label="us-gaap_SubsequentEventsTextBlock" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventsTextBlock" xlink:to="us-gaap_SubsequentEventsTextBlock_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xml:lang="en-US">Subsequent Events [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xml:lang="en-US">Subsequent Events</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="us-gaap_FairValueDisclosuresAbstract" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueDisclosuresAbstract" xlink:to="us-gaap_FairValueDisclosuresAbstract_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueDisclosuresAbstract_lbl" xml:lang="en-US">Fair Value [Abstract]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="us-gaap_FairValueDisclosuresTextBlock" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueDisclosuresTextBlock" xlink:to="us-gaap_FairValueDisclosuresTextBlock_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueDisclosuresTextBlock_lbl" xml:lang="en-US">Fair Value Disclosures [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_FairValueDisclosuresTextBlock_lbl" xml:lang="en-US">Fair Value</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_ProfitShareAbstract" xlink:label="millgmt_ProfitShareAbstract" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_ProfitShareAbstract" xlink:to="millgmt_ProfitShareAbstract_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_ProfitShareAbstract_lbl" xml:lang="en-US">Profit Share [Abstract]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_ProfitShareAbstract_lbl" xml:lang="en-US">Profit Share [Abstract]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_ProfitShareDisclosureTextBlock" xlink:label="millgmt_ProfitShareDisclosureTextBlock" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_ProfitShareDisclosureTextBlock" xlink:to="millgmt_ProfitShareDisclosureTextBlock_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_ProfitShareDisclosureTextBlock_lbl" xml:lang="en-US">Profit Share Disclosure [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_ProfitShareDisclosureTextBlock_lbl" xml:lang="en-US">Profit Share Disclosure [Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_ProfitShareDisclosureTextBlock_lbl" xml:lang="en-US">Profit Share</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="us-gaap_RelatedPartyTransactionsAbstract" />
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    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfNotionalAmountsOfOutstandingDerivativePositionsTableTextBlock" xlink:label="us-gaap_ScheduleOfNotionalAmountsOfOutstandingDerivativePositionsTableTextBlock" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfNotionalAmountsOfOutstandingDerivativePositionsTableTextBlock" xlink:to="us-gaap_ScheduleOfNotionalAmountsOfOutstandingDerivativePositionsTableTextBlock_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfNotionalAmountsOfOutstandingDerivativePositionsTableTextBlock_lbl" xml:lang="en-US">Schedule Of Average Notional Value By Sector Of Futures And Forward Currency Contracts [Table Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ScheduleOfNotionalAmountsOfOutstandingDerivativePositionsTableTextBlock_lbl" xml:lang="en-US">Schedule Of Average Notional Value By Sector Of Futures And Forward Currency Contracts</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_OffsettingAssetsAndLiabilitiesTableTextBlock" xlink:label="millgmt_OffsettingAssetsAndLiabilitiesTableTextBlock" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_OffsettingAssetsAndLiabilitiesTableTextBlock" xlink:to="millgmt_OffsettingAssetsAndLiabilitiesTableTextBlock_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_OffsettingAssetsAndLiabilitiesTableTextBlock_lbl" xml:lang="en-US">Offsetting Assets And Liabilities [Table Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_OffsettingAssetsAndLiabilitiesTableTextBlock_lbl" xml:lang="en-US">Offsetting Assets And Liabilities [Table Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_OffsettingAssetsAndLiabilitiesTableTextBlock_lbl" xml:lang="en-US">Offsetting Of Derivative Assets And Liabilities</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_ScheduleOfWeightedAverageNumberOfUnitsForEachSeriesTableTextBlock" xlink:label="millgmt_ScheduleOfWeightedAverageNumberOfUnitsForEachSeriesTableTextBlock" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_ScheduleOfWeightedAverageNumberOfUnitsForEachSeriesTableTextBlock" xlink:to="millgmt_ScheduleOfWeightedAverageNumberOfUnitsForEachSeriesTableTextBlock_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_ScheduleOfWeightedAverageNumberOfUnitsForEachSeriesTableTextBlock_lbl" xml:lang="en-US">Schedule Of Weighted Average Number Of Units For Each Series [Table Text Block].</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_ScheduleOfWeightedAverageNumberOfUnitsForEachSeriesTableTextBlock_lbl" xml:lang="en-US">Schedule Of Weighted Average Number Of Units For Each Series [Table Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="millgmt_ScheduleOfWeightedAverageNumberOfUnitsForEachSeriesTableTextBlock_lbl" xml:lang="en-US">Schedule Of Weighted Average Number Of Units For Each Series</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_ScheduleOfProfitShareEarnedAndAccruedTableTextBlock" xlink:label="millgmt_ScheduleOfProfitShareEarnedAndAccruedTableTextBlock" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_ScheduleOfProfitShareEarnedAndAccruedTableTextBlock" xlink:to="millgmt_ScheduleOfProfitShareEarnedAndAccruedTableTextBlock_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_ScheduleOfProfitShareEarnedAndAccruedTableTextBlock_lbl" xml:lang="en-US">Schedule Of Profit Share Earned And Accrued.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_ScheduleOfProfitShareEarnedAndAccruedTableTextBlock_lbl" xml:lang="en-US">Schedule Of Profit Share Earned And Accrued [Table Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_ScheduleOfProfitShareEarnedAndAccruedTableTextBlock_lbl" xml:lang="en-US">Schedule Of Profit Share Earned And Accrued</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_ScheduleOfBrokerageFeeRebatesTableTextBlock" xlink:label="millgmt_ScheduleOfBrokerageFeeRebatesTableTextBlock" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_ScheduleOfBrokerageFeeRebatesTableTextBlock" xlink:to="millgmt_ScheduleOfBrokerageFeeRebatesTableTextBlock_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_ScheduleOfBrokerageFeeRebatesTableTextBlock_lbl" xml:lang="en-US">Schedule Of Brokerage Fee Rebates [Table Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_ScheduleOfBrokerageFeeRebatesTableTextBlock_lbl" xml:lang="en-US">Schedule Of Brokerage Fee Rebates [Table Text Block]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_ScheduleOfBrokerageFeeRebatesTableTextBlock_lbl" xml:lang="en-US">Schedule Of Brokerage Fee Rebates</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_OrganizationTable" xlink:label="millgmt_OrganizationTable" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_OrganizationTable" xlink:to="millgmt_OrganizationTable_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_OrganizationTable_lbl" xml:lang="en-US">Organization [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_OrganizationTable_lbl" xml:lang="en-US">Organization [Table]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:label="dei_LegalEntityAxis" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LegalEntityAxis" xlink:to="dei_LegalEntityAxis_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LegalEntityAxis_lbl" xml:lang="en-US">Legal Entity [Axis]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:label="dei_EntityDomain" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityDomain" xlink:to="dei_EntityDomain_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityDomain_lbl" xml:lang="en-US">Entity [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="dei_EntityDomain_lbl" xml:lang="en-US">Entity [Domain]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_MillburnRidgefieldCorporationMember" xlink:label="millgmt_MillburnRidgefieldCorporationMember" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_MillburnRidgefieldCorporationMember" xlink:to="millgmt_MillburnRidgefieldCorporationMember_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_MillburnRidgefieldCorporationMember_lbl" xml:lang="en-US">Millburn Ridgefield Corporation [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_MillburnRidgefieldCorporationMember_lbl" xml:lang="en-US">Millburn Ridgefield Corporation [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_MillburnRidgefieldCorporationMember_lbl" xml:lang="en-US">Millburn Ridgefield Corporation [Member]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_InitialUnitholderMember" xlink:label="millgmt_InitialUnitholderMember" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_InitialUnitholderMember" xlink:to="millgmt_InitialUnitholderMember_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_InitialUnitholderMember_lbl" xml:lang="en-US">Initial Unitholder [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_InitialUnitholderMember_lbl" xml:lang="en-US">Initial Unitholder [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_InitialUnitholderMember_lbl" xml:lang="en-US">Initial Unitholder [Member]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_OrganizationLineItems" xlink:label="millgmt_OrganizationLineItems" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_OrganizationLineItems" xlink:to="millgmt_OrganizationLineItems_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_OrganizationLineItems_lbl" xml:lang="en-US">Organization [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_OrganizationLineItems_lbl" xml:lang="en-US">Organization [Line Items]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_OriginalTrustCapital" xlink:label="millgmt_OriginalTrustCapital" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_OriginalTrustCapital" xlink:to="millgmt_OriginalTrustCapital_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_OriginalTrustCapital_lbl" xml:lang="en-US">Original Trust Capital</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_OriginalTrustCapital_lbl" xml:lang="en-US">Original Trust Capital</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_OriginalTrustCapital_lbl" xml:lang="en-US">Original trust capital</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinorityInterestOwnershipPercentageByParent" xlink:label="us-gaap_MinorityInterestOwnershipPercentageByParent" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MinorityInterestOwnershipPercentageByParent" xlink:to="us-gaap_MinorityInterestOwnershipPercentageByParent_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MinorityInterestOwnershipPercentageByParent_lbl" xml:lang="en-US">Noncontrolling Interest, Ownership Percentage by Parent</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_MinorityInterestOwnershipPercentageByParent_lbl" xml:lang="en-US">Minimum percentage of ownership</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_MinimumCapitalInvestment" xlink:label="millgmt_MinimumCapitalInvestment" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_MinimumCapitalInvestment" xlink:to="millgmt_MinimumCapitalInvestment_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_MinimumCapitalInvestment_lbl" xml:lang="en-US">Minimum Capital Investment</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_MinimumCapitalInvestment_lbl" xml:lang="en-US">Minimum Capital Investment</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_MinimumCapitalInvestment_lbl" xml:lang="en-US">Minimum capital investment</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_TrustDissolutionDate" xlink:label="millgmt_TrustDissolutionDate" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_TrustDissolutionDate" xlink:to="millgmt_TrustDissolutionDate_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_TrustDissolutionDate_lbl" xml:lang="en-US">Trust Dissolution Date</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_TrustDissolutionDate_lbl" xml:lang="en-US">Trust Dissolution Date</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_TrustDissolutionDate_lbl" xml:lang="en-US">Trust dissolution date</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TaxPeriodAxis" xlink:label="us-gaap_TaxPeriodAxis" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TaxPeriodAxis" xlink:to="us-gaap_TaxPeriodAxis_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TaxPeriodAxis_lbl" xml:lang="en-US">Tax Period [Axis]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TaxPeriodDomain" xlink:label="us-gaap_TaxPeriodDomain" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TaxPeriodDomain" xlink:to="us-gaap_TaxPeriodDomain_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TaxPeriodDomain_lbl" xml:lang="en-US">Tax Period [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_TaxPeriodDomain_lbl" xml:lang="en-US">Tax Period [Domain]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TaxYear2013Member" xlink:label="us-gaap_TaxYear2013Member" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TaxYear2013Member" xlink:to="us-gaap_TaxYear2013Member_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TaxYear2013Member_lbl" xml:lang="en-US">Tax Year2013 [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_TaxYear2013Member_lbl" xml:lang="en-US">Tax Year 2013 [Member]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TaxYear2014Member" xlink:label="us-gaap_TaxYear2014Member" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TaxYear2014Member" xlink:to="us-gaap_TaxYear2014Member_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TaxYear2014Member_lbl" xml:lang="en-US">Tax Year2014 [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_TaxYear2014Member_lbl" xml:lang="en-US">Tax Year 2014 [Member]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_TaxYear2015Member" xlink:label="millgmt_TaxYear2015Member" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_TaxYear2015Member" xlink:to="millgmt_TaxYear2015Member_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_TaxYear2015Member_lbl" xml:lang="en-US">Identified as tax year 2015.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_TaxYear2015Member_lbl" xml:lang="en-US">Tax Year2015 [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_TaxYear2015Member_lbl" xml:lang="en-US">Tax Year 2015 [Member]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_TaxYear2016Member" xlink:label="millgmt_TaxYear2016Member" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_TaxYear2016Member" xlink:to="millgmt_TaxYear2016Member_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_TaxYear2016Member_lbl" xml:lang="en-US">Identified as tax year 2016.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_TaxYear2016Member_lbl" xml:lang="en-US">Tax Year2016 [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_TaxYear2016Member_lbl" xml:lang="en-US">Tax Year 2016 [Member]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OpenTaxYear" xlink:label="us-gaap_OpenTaxYear" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OpenTaxYear" xlink:to="us-gaap_OpenTaxYear_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OpenTaxYear_lbl" xml:lang="en-US">Open Tax Year</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OpenTaxYear_lbl" xml:lang="en-US">Trust's open tax years</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByBalanceSheetGroupingTable" xlink:label="us-gaap_FairValueByBalanceSheetGroupingTable" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueByBalanceSheetGroupingTable" xlink:to="us-gaap_FairValueByBalanceSheetGroupingTable_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueByBalanceSheetGroupingTable_lbl" xml:lang="en-US">Fair Value, by Balance Sheet Grouping [Table]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:to="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" xml:lang="en-US">Fair Value, Hierarchy [Axis]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="us-gaap_FairValueMeasurementsFairValueHierarchyDomain" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:to="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_lbl" xml:lang="en-US">Fair Value Measurements Fair Value Hierarchy [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_lbl" xml:lang="en-US">Fair Value, Measurements, Fair Value Hierarchy [Domain]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="us-gaap_FairValueInputsLevel1Member" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInputsLevel1Member" xlink:to="us-gaap_FairValueInputsLevel1Member_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueInputsLevel1Member_lbl" xml:lang="en-US">Fair Value Inputs Level1 [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_FairValueInputsLevel1Member_lbl" xml:lang="en-US">Level 1 [Member]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="us-gaap_FairValueInputsLevel2Member" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInputsLevel2Member" xlink:to="us-gaap_FairValueInputsLevel2Member_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueInputsLevel2Member_lbl" xml:lang="en-US">Fair Value Inputs Level2 [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_FairValueInputsLevel2Member_lbl" xml:lang="en-US">Level 2 [Member]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="us-gaap_FinancialInstrumentAxis" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinancialInstrumentAxis" xlink:to="us-gaap_FinancialInstrumentAxis_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinancialInstrumentAxis_lbl" xml:lang="en-US">Financial Instrument [Axis]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:to="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_lbl" xml:lang="en-US">Transfers And Servicing Of Financial Instruments Types Of Financial Instruments [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_lbl" xml:lang="en-US">Types of Financial Instruments [Domain]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems" xlink:label="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems" xlink:to="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_lbl" xml:lang="en-US">Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortTermInvestments" xlink:label="us-gaap_ShortTermInvestments" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortTermInvestments" xlink:to="us-gaap_ShortTermInvestments_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortTermInvestments_lbl" xml:lang="en-US">Short-term Investments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ShortTermInvestments_lbl" xml:lang="en-US">Short-term money market fund</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet" xlink:label="us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet" xlink:to="us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet_lbl" xml:lang="en-US">Derivative Assets (Liabilities), at Fair Value, Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet_lbl" xml:lang="en-US">Total futures and forward currency contracts</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DerivativeAssetsLiabilitiesAtFairValueNet_lbl" xml:lang="en-US">Futures and forward currency contracts, Fair Value</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueNetAssetLiability" xlink:label="us-gaap_FairValueNetAssetLiability" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueNetAssetLiability" xlink:to="us-gaap_FairValueNetAssetLiability_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueNetAssetLiability_lbl" xml:lang="en-US">Fair Value, Net Asset (Liability)</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_FairValueNetAssetLiability_lbl" xml:lang="en-US">Total financial assets at fair value</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_BrokerageFeePercentageFee" xlink:label="millgmt_BrokerageFeePercentageFee" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_BrokerageFeePercentageFee" xlink:to="millgmt_BrokerageFeePercentageFee_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_BrokerageFeePercentageFee_lbl" xml:lang="en-US">Brokerage Fee, Percentage Fee</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_BrokerageFeePercentageFee_lbl" xml:lang="en-US">Brokerage Fee, Percentage Fee</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_BrokerageFeePercentageFee_lbl" xml:lang="en-US">Brokerage Fees</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="millgmt_BrokerageFeePercentageFee_lbl" xml:lang="en-US">Brokerage fees</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCapital" xlink:label="us-gaap_NetCapital" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCapital" xlink:to="us-gaap_NetCapital_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCapital_lbl" xml:lang="en-US">Net Capital</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:label="us-gaap_NetCapital_lbl" xml:lang="en-US">Subscriptions</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_NetCapital_lbl" xml:lang="en-US">Net capital investments</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_NetCapital_lbl" xml:lang="en-US">Net Capital Investments</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_ManagementFeePercentageFee" xlink:label="millgmt_ManagementFeePercentageFee" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_ManagementFeePercentageFee" xlink:to="millgmt_ManagementFeePercentageFee_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_ManagementFeePercentageFee_lbl" xml:lang="en-US">Management Fee Percentage Fee</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_ManagementFeePercentageFee_lbl" xml:lang="en-US">Management Fee Percentage Fee</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_ManagementFeePercentageFee_lbl" xml:lang="en-US">Management fee</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_CustodialFeePercentageFee" xlink:label="millgmt_CustodialFeePercentageFee" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_CustodialFeePercentageFee" xlink:to="millgmt_CustodialFeePercentageFee_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_CustodialFeePercentageFee_lbl" xml:lang="en-US">Custodial Fee, Percentage Fee</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_CustodialFeePercentageFee_lbl" xml:lang="en-US">Custodial Fee, Percentage Fee</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_CustodialFeePercentageFee_lbl" xml:lang="en-US">Custodial fee</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_GrossOfferingProceedsPercentage" xlink:label="millgmt_GrossOfferingProceedsPercentage" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_GrossOfferingProceedsPercentage" xlink:to="millgmt_GrossOfferingProceedsPercentage_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_GrossOfferingProceedsPercentage_lbl" xml:lang="en-US">Gross Offering Proceeds, Percentage</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_GrossOfferingProceedsPercentage_lbl" xml:lang="en-US">Gross Offering Proceeds, Percentage</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_GrossOfferingProceedsPercentage_lbl" xml:lang="en-US">Percent of gross offering proceeds, exceeded by amounts paid to selling agents on Series 1 units</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_RebateAmount" xlink:label="millgmt_RebateAmount" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_RebateAmount" xlink:to="millgmt_RebateAmount_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_RebateAmount_lbl" xml:lang="en-US">Rebate Amount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_RebateAmount_lbl" xml:lang="en-US">Rebate Amount</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_RebateAmount_lbl" xml:lang="en-US">Rebate amount</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_ProfitSharePercentage" xlink:label="millgmt_ProfitSharePercentage" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_ProfitSharePercentage" xlink:to="millgmt_ProfitSharePercentage_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_ProfitSharePercentage_lbl" xml:lang="en-US">Profit Share Percentage</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_ProfitSharePercentage_lbl" xml:lang="en-US">Profit Share Percentage</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_ProfitSharePercentage_lbl" xml:lang="en-US">Profit share percentage</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_RedemptionCharges" xlink:label="millgmt_RedemptionCharges" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_RedemptionCharges" xlink:to="millgmt_RedemptionCharges_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_RedemptionCharges_lbl" xml:lang="en-US">Redemption Charges</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_RedemptionCharges_lbl" xml:lang="en-US">Redemption Charges</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_RedemptionCharges_lbl" xml:lang="en-US">Redemption charges</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_RedemptionChargesPaid" xlink:label="millgmt_RedemptionChargesPaid" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_RedemptionChargesPaid" xlink:to="millgmt_RedemptionChargesPaid_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_RedemptionChargesPaid_lbl" xml:lang="en-US">Redemption Charges Paid</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_RedemptionChargesPaid_lbl" xml:lang="en-US">Redemption Charges Paid</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_RedemptionChargesPaid_lbl" xml:lang="en-US">Redemption charges paid</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_BrokerageRatesTable" xlink:label="millgmt_BrokerageRatesTable" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_BrokerageRatesTable" xlink:to="millgmt_BrokerageRatesTable_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_BrokerageRatesTable_lbl" xml:lang="en-US">Brokerage Rates [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_BrokerageRatesTable_lbl" xml:lang="en-US">Brokerage Rates [Table]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_NetCapitalInvestmentAxis" xlink:label="millgmt_NetCapitalInvestmentAxis" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_NetCapitalInvestmentAxis" xlink:to="millgmt_NetCapitalInvestmentAxis_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_NetCapitalInvestmentAxis_lbl" xml:lang="en-US">Net Capital Investment [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_NetCapitalInvestmentAxis_lbl" xml:lang="en-US">Net Capital Investment [Axis]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_NetCapitalInvestmentDomain" xlink:label="millgmt_NetCapitalInvestmentDomain" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_NetCapitalInvestmentDomain" xlink:to="millgmt_NetCapitalInvestmentDomain_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_NetCapitalInvestmentDomain_lbl" xml:lang="en-US">Net Capital Investment [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_NetCapitalInvestmentDomain_lbl" xml:lang="en-US">Net Capital Investment [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_NetCapitalInvestmentDomain_lbl" xml:lang="en-US">Net Capital Investment [Domain]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_OneHundredThousandDollarsToFourHundredNinetyNineThousandNineHundredNinetyNineDollarsMember" xlink:label="millgmt_OneHundredThousandDollarsToFourHundredNinetyNineThousandNineHundredNinetyNineDollarsMember" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_OneHundredThousandDollarsToFourHundredNinetyNineThousandNineHundredNinetyNineDollarsMember" xlink:to="millgmt_OneHundredThousandDollarsToFourHundredNinetyNineThousandNineHundredNinetyNineDollarsMember_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_OneHundredThousandDollarsToFourHundredNinetyNineThousandNineHundredNinetyNineDollarsMember_lbl" xml:lang="en-US">One Hundred Thousand Dollars To Four Hundred Ninety Nine Thousand Nine Hundred Ninety Nine Dollars [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_OneHundredThousandDollarsToFourHundredNinetyNineThousandNineHundredNinetyNineDollarsMember_lbl" xml:lang="en-US">One Hundred Thousand Dollars To Four Hundred Ninety Nine Thousand Nine Hundred Ninety Nine Dollars [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_OneHundredThousandDollarsToFourHundredNinetyNineThousandNineHundredNinetyNineDollarsMember_lbl" xml:lang="en-US">$100,000 - $499,999 [Member]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_FiveHundredThousandDollarsToNineHundredNinetyNineThousandNineHundredNinetyNineDollarsMember" xlink:label="millgmt_FiveHundredThousandDollarsToNineHundredNinetyNineThousandNineHundredNinetyNineDollarsMember" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_FiveHundredThousandDollarsToNineHundredNinetyNineThousandNineHundredNinetyNineDollarsMember" xlink:to="millgmt_FiveHundredThousandDollarsToNineHundredNinetyNineThousandNineHundredNinetyNineDollarsMember_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_FiveHundredThousandDollarsToNineHundredNinetyNineThousandNineHundredNinetyNineDollarsMember_lbl" xml:lang="en-US">Five Hundred Thousand Dollars To Nine Hundred Ninety Nine Thousand Nine Hundred Ninety Nine Dollars [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_FiveHundredThousandDollarsToNineHundredNinetyNineThousandNineHundredNinetyNineDollarsMember_lbl" xml:lang="en-US">Five Hundred Thousand Dollars To Nine Hundred Ninety Nine Thousand Nine Hundred Ninety Nine Dollars [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_FiveHundredThousandDollarsToNineHundredNinetyNineThousandNineHundredNinetyNineDollarsMember_lbl" xml:lang="en-US">$500,000 - $999,999 [Member]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_GreaterThanOneMillionDollarsMember" xlink:label="millgmt_GreaterThanOneMillionDollarsMember" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_GreaterThanOneMillionDollarsMember" xlink:to="millgmt_GreaterThanOneMillionDollarsMember_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_GreaterThanOneMillionDollarsMember_lbl" xml:lang="en-US">Greater Than One Million Dollars [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_GreaterThanOneMillionDollarsMember_lbl" xml:lang="en-US">Greater Than One Million Dollars [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_GreaterThanOneMillionDollarsMember_lbl" xml:lang="en-US">Greater Than $1,000,000 [Member]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_AssetBasedOrFixedFeeInvestmentProgramsMember" xlink:label="millgmt_AssetBasedOrFixedFeeInvestmentProgramsMember" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_AssetBasedOrFixedFeeInvestmentProgramsMember" xlink:to="millgmt_AssetBasedOrFixedFeeInvestmentProgramsMember_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_AssetBasedOrFixedFeeInvestmentProgramsMember_lbl" xml:lang="en-US">Asset-based Or Fixed Fee Investment Programs [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_AssetBasedOrFixedFeeInvestmentProgramsMember_lbl" xml:lang="en-US">Asset Based Or Fixed Fee Investment Programs [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_AssetBasedOrFixedFeeInvestmentProgramsMember_lbl" xml:lang="en-US">Asset-based Or Fixed Fee Investment Programs [Member]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="us-gaap_RangeAxis" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RangeAxis" xlink:to="us-gaap_RangeAxis_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RangeAxis_lbl" xml:lang="en-US">Range [Axis]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="us-gaap_RangeMember" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RangeMember" xlink:to="us-gaap_RangeMember_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RangeMember_lbl" xml:lang="en-US">Range [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RangeMember_lbl" xml:lang="en-US">Range [Domain]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaximumMember" xlink:label="us-gaap_MaximumMember" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MaximumMember" xlink:to="us-gaap_MaximumMember_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MaximumMember_lbl" xml:lang="en-US">Maximum [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_MaximumMember_lbl" xml:lang="en-US">Maximum [Member]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinimumMember" xlink:label="us-gaap_MinimumMember" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MinimumMember" xlink:to="us-gaap_MinimumMember_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MinimumMember_lbl" xml:lang="en-US">Minimum [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_MinimumMember_lbl" xml:lang="en-US">Minimum [Member]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_BrokerageRatesLineItems" xlink:label="millgmt_BrokerageRatesLineItems" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_BrokerageRatesLineItems" xlink:to="millgmt_BrokerageRatesLineItems_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_BrokerageRatesLineItems_lbl" xml:lang="en-US">Brokerage Rates [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_BrokerageRatesLineItems_lbl" xml:lang="en-US">Brokerage Rates [Line Items]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FloorBrokerage" xlink:label="us-gaap_FloorBrokerage" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FloorBrokerage" xlink:to="us-gaap_FloorBrokerage_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FloorBrokerage_lbl" xml:lang="en-US">Brokerage Fees</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_FloorBrokerage_lbl" xml:lang="en-US">Brokerage fees</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ClearanceFees" xlink:label="us-gaap_ClearanceFees" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ClearanceFees" xlink:to="us-gaap_ClearanceFees_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ClearanceFees_lbl" xml:lang="en-US">Custodial Fees</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ClearanceFees_lbl" xml:lang="en-US">Custodial fees</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_TrustAgreementTable" xlink:label="millgmt_TrustAgreementTable" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_TrustAgreementTable" xlink:to="millgmt_TrustAgreementTable_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_TrustAgreementTable_lbl" xml:lang="en-US">Trust Agreement [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_TrustAgreementTable_lbl" xml:lang="en-US">Trust Agreement [Table]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_LessThanOneHundredThousandDollarsMember" xlink:label="millgmt_LessThanOneHundredThousandDollarsMember" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_LessThanOneHundredThousandDollarsMember" xlink:to="millgmt_LessThanOneHundredThousandDollarsMember_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_LessThanOneHundredThousandDollarsMember_lbl" xml:lang="en-US">Less Than One Hundred Thousand Dollars [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_LessThanOneHundredThousandDollarsMember_lbl" xml:lang="en-US">Less Than One Hundred Thousand Dollars [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_LessThanOneHundredThousandDollarsMember_lbl" xml:lang="en-US">Less Than $100,000 [Member]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_RedemptionPeriodAxis" xlink:label="millgmt_RedemptionPeriodAxis" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_RedemptionPeriodAxis" xlink:to="millgmt_RedemptionPeriodAxis_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_RedemptionPeriodAxis_lbl" xml:lang="en-US">Redemption Period [Axis]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_RedemptionPeriodAxis_lbl" xml:lang="en-US">Redemption Period [Axis]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_RedemptionPeriodDomain" xlink:label="millgmt_RedemptionPeriodDomain" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_RedemptionPeriodDomain" xlink:to="millgmt_RedemptionPeriodDomain_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_RedemptionPeriodDomain_lbl" xml:lang="en-US">Redemption Period [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_RedemptionPeriodDomain_lbl" xml:lang="en-US">Redemption Period [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_RedemptionPeriodDomain_lbl" xml:lang="en-US">Redemption Period [Domain]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_FirstSixMonthsMember" xlink:label="millgmt_FirstSixMonthsMember" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_FirstSixMonthsMember" xlink:to="millgmt_FirstSixMonthsMember_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_FirstSixMonthsMember_lbl" xml:lang="en-US">First Six Months [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_FirstSixMonthsMember_lbl" xml:lang="en-US">First Six Months [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_FirstSixMonthsMember_lbl" xml:lang="en-US">First 6 Months [Member]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_SecondFiveMonthsMember" xlink:label="millgmt_SecondFiveMonthsMember" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_SecondFiveMonthsMember" xlink:to="millgmt_SecondFiveMonthsMember_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_SecondFiveMonthsMember_lbl" xml:lang="en-US">Second Five Months [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_SecondFiveMonthsMember_lbl" xml:lang="en-US">Second Five Months [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_SecondFiveMonthsMember_lbl" xml:lang="en-US">Second 5 Months [Member]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_TrustAgreementLineItems" xlink:label="millgmt_TrustAgreementLineItems" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_TrustAgreementLineItems" xlink:to="millgmt_TrustAgreementLineItems_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_TrustAgreementLineItems_lbl" xml:lang="en-US">Trust Agreement [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_TrustAgreementLineItems_lbl" xml:lang="en-US">Trust Agreement [Line Items]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_RedemptionChargesPercentage" xlink:label="millgmt_RedemptionChargesPercentage" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_RedemptionChargesPercentage" xlink:to="millgmt_RedemptionChargesPercentage_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_RedemptionChargesPercentage_lbl" xml:lang="en-US">Redemption Charges, Percentage</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_RedemptionChargesPercentage_lbl" xml:lang="en-US">Redemption Charges, Percentage</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_RedemptionChargesPercentage_lbl" xml:lang="en-US">Redemption Charges</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeTable" xlink:label="us-gaap_DerivativeTable" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeTable" xlink:to="us-gaap_DerivativeTable_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeTable_lbl" xml:lang="en-US">Derivative [Table]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="us-gaap_DerivativeLineItems" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeLineItems" xlink:to="us-gaap_DerivativeLineItems_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeLineItems_lbl" xml:lang="en-US">Derivative [Line Items]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_AverageNetAssetValue" xlink:label="millgmt_AverageNetAssetValue" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_AverageNetAssetValue" xlink:to="millgmt_AverageNetAssetValue_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_AverageNetAssetValue_lbl" xml:lang="en-US">Average net asset value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_AverageNetAssetValue_lbl" xml:lang="en-US">Average Net Asset Value</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_AverageNetAssetValue_lbl" xml:lang="en-US">Trust's average net asset value</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAverageRemainingMaturity1" xlink:label="us-gaap_DerivativeAverageRemainingMaturity1" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeAverageRemainingMaturity1" xlink:to="us-gaap_DerivativeAverageRemainingMaturity1_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeAverageRemainingMaturity1_lbl" xml:lang="en-US">Derivative, Average Remaining Maturity</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DerivativeAverageRemainingMaturity1_lbl" xml:lang="en-US">Open interest rate futures, maturity</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ConcentrationRiskCreditRiskFinancialInstrumentMaximumExposure" xlink:label="us-gaap_ConcentrationRiskCreditRiskFinancialInstrumentMaximumExposure" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConcentrationRiskCreditRiskFinancialInstrumentMaximumExposure" xlink:to="us-gaap_ConcentrationRiskCreditRiskFinancialInstrumentMaximumExposure_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConcentrationRiskCreditRiskFinancialInstrumentMaximumExposure_lbl" xml:lang="en-US">Concentration Risk, Credit Risk, Financial Instrument, Maximum Exposure</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ConcentrationRiskCreditRiskFinancialInstrumentMaximumExposure_lbl" xml:lang="en-US">Concentration of credit risk</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CurrencyAxis" xlink:label="us-gaap_CurrencyAxis" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CurrencyAxis" xlink:to="us-gaap_CurrencyAxis_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CurrencyAxis_lbl" xml:lang="en-US">Currency [Axis]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/currency/2016/currency-2016-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="currency_AllCurrenciesDomain" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_AllCurrenciesDomain" xlink:to="currency_AllCurrenciesDomain_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_AllCurrenciesDomain_lbl" xml:lang="en-US">All Currencies [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="currency_AllCurrenciesDomain_lbl" xml:lang="en-US">All Currencies [Domain]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/currency/2016/currency-2016-01-31.xsd#currency_AUD" xlink:label="currency_AUD" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_AUD" xlink:to="currency_AUD_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_AUD_lbl" xml:lang="en-US">A U [D]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="currency_AUD_lbl" xml:lang="en-US">Australian dollar</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/currency/2016/currency-2016-01-31.xsd#currency_GBP" xlink:label="currency_GBP" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_GBP" xlink:to="currency_GBP_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_GBP_lbl" xml:lang="en-US">G B [P]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="currency_GBP_lbl" xml:lang="en-US">British pound</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/currency/2016/currency-2016-01-31.xsd#currency_CAD" xlink:label="currency_CAD" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_CAD" xlink:to="currency_CAD_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_CAD_lbl" xml:lang="en-US">C A [D]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="currency_CAD_lbl" xml:lang="en-US">Canadian dollar</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/currency/2016/currency-2016-01-31.xsd#currency_EUR" xlink:label="currency_EUR" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_EUR" xlink:to="currency_EUR_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_EUR_lbl" xml:lang="en-US">E U [R]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="currency_EUR_lbl" xml:lang="en-US">Euro</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/currency/2016/currency-2016-01-31.xsd#currency_HKD" xlink:label="currency_HKD" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_HKD" xlink:to="currency_HKD_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_HKD_lbl" xml:lang="en-US">H K [D]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="currency_HKD_lbl" xml:lang="en-US">Hong Kong dollar</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/currency/2016/currency-2016-01-31.xsd#currency_JPY" xlink:label="currency_JPY" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_JPY" xlink:to="currency_JPY_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_JPY_lbl" xml:lang="en-US">J P [Y]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="currency_JPY_lbl" xml:lang="en-US">Japanese yen</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/currency/2016/currency-2016-01-31.xsd#currency_KRW" xlink:label="currency_KRW" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_KRW" xlink:to="currency_KRW_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_KRW_lbl" xml:lang="en-US">K R [W]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="currency_KRW_lbl" xml:lang="en-US">Korean won</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/currency/2016/currency-2016-01-31.xsd#currency_MYR" xlink:label="currency_MYR" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_MYR" xlink:to="currency_MYR_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_MYR_lbl" xml:lang="en-US">M Y [R]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="currency_MYR_lbl" xml:lang="en-US">Malaysian ringgit</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/currency/2016/currency-2016-01-31.xsd#currency_NOK" xlink:label="currency_NOK" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_NOK" xlink:to="currency_NOK_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_NOK_lbl" xml:lang="en-US">N O [K]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="currency_NOK_lbl" xml:lang="en-US">Norwegian krone</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/currency/2016/currency-2016-01-31.xsd#currency_PLN" xlink:label="currency_PLN" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_PLN" xlink:to="currency_PLN_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_PLN_lbl" xml:lang="en-US">P L [N]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="currency_PLN_lbl" xml:lang="en-US">Polish zloty</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/currency/2016/currency-2016-01-31.xsd#currency_SGD" xlink:label="currency_SGD" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_SGD" xlink:to="currency_SGD_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_SGD_lbl" xml:lang="en-US">S G [D]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="currency_SGD_lbl" xml:lang="en-US">Singapore dollar</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/currency/2016/currency-2016-01-31.xsd#currency_ZAR" xlink:label="currency_ZAR" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_ZAR" xlink:to="currency_ZAR_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_ZAR_lbl" xml:lang="en-US">Z A [R]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="currency_ZAR_lbl" xml:lang="en-US">South African rand</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/currency/2016/currency-2016-01-31.xsd#currency_SEK" xlink:label="currency_SEK" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_SEK" xlink:to="currency_SEK_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_SEK_lbl" xml:lang="en-US">S E [K]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="currency_SEK_lbl" xml:lang="en-US">Swedish krona</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/currency/2016/currency-2016-01-31.xsd#currency_TRY" xlink:label="currency_TRY" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_TRY" xlink:to="currency_TRY_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_TRY_lbl" xml:lang="en-US">T R [Y]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="currency_TRY_lbl" xml:lang="en-US">Turkish lira</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/currency/2016/currency-2016-01-31.xsd#currency_USD" xlink:label="currency_USD" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_USD" xlink:to="currency_USD_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_USD_lbl" xml:lang="en-US">U S [D]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="currency_USD_lbl" xml:lang="en-US">U.S. dollar</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_PercentageOfTotalFuturesAndForwardCurrencyContracts" xlink:label="millgmt_PercentageOfTotalFuturesAndForwardCurrencyContracts" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_PercentageOfTotalFuturesAndForwardCurrencyContracts" xlink:to="millgmt_PercentageOfTotalFuturesAndForwardCurrencyContracts_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_PercentageOfTotalFuturesAndForwardCurrencyContracts_lbl" xml:lang="en-US">Percentage Of Total Futures And Forward Currency Contracts</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_PercentageOfTotalFuturesAndForwardCurrencyContracts_lbl" xml:lang="en-US">Percentage Of Total Futures And Forward Currency Contracts</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_PercentageOfTotalFuturesAndForwardCurrencyContracts_lbl" xml:lang="en-US">Percent of Total</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PositionAxis" xlink:label="us-gaap_PositionAxis" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PositionAxis" xlink:to="us-gaap_PositionAxis_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PositionAxis_lbl" xml:lang="en-US">Position [Axis]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PositionDomain" xlink:label="us-gaap_PositionDomain" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PositionDomain" xlink:to="us-gaap_PositionDomain_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PositionDomain_lbl" xml:lang="en-US">Position [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PositionDomain_lbl" xml:lang="en-US">Position [Domain]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LongMember" xlink:label="us-gaap_LongMember" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongMember" xlink:to="us-gaap_LongMember_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongMember_lbl" xml:lang="en-US">Long [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_LongMember_lbl" xml:lang="en-US">Long [Member]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortMember" xlink:label="us-gaap_ShortMember" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShortMember" xlink:to="us-gaap_ShortMember_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShortMember_lbl" xml:lang="en-US">Short [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ShortMember_lbl" xml:lang="en-US">Short [Member]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationAxis" xlink:label="us-gaap_BalanceSheetLocationAxis" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BalanceSheetLocationAxis" xlink:to="us-gaap_BalanceSheetLocationAxis_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BalanceSheetLocationAxis_lbl" xml:lang="en-US">Balance Sheet Location [Axis]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BalanceSheetLocationDomain" xlink:label="us-gaap_BalanceSheetLocationDomain" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BalanceSheetLocationDomain" xlink:to="us-gaap_BalanceSheetLocationDomain_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BalanceSheetLocationDomain_lbl" xml:lang="en-US">Balance Sheet Location [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_BalanceSheetLocationDomain_lbl" xml:lang="en-US">Balance Sheet Location [Domain]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_FuturesAndForwardCurrencyContractsGainsMember" xlink:label="millgmt_FuturesAndForwardCurrencyContractsGainsMember" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_FuturesAndForwardCurrencyContractsGainsMember" xlink:to="millgmt_FuturesAndForwardCurrencyContractsGainsMember_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_FuturesAndForwardCurrencyContractsGainsMember_lbl" xml:lang="en-US">Futures And Forward Currency Contracts Gains [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_FuturesAndForwardCurrencyContractsGainsMember_lbl" xml:lang="en-US">Futures And Forward Currency Contracts Gains [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_FuturesAndForwardCurrencyContractsGainsMember_lbl" xml:lang="en-US">Gains [Member]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_FuturesAndForwardCurrencyContractsLossesMember" xlink:label="millgmt_FuturesAndForwardCurrencyContractsLossesMember" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_FuturesAndForwardCurrencyContractsLossesMember" xlink:to="millgmt_FuturesAndForwardCurrencyContractsLossesMember_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_FuturesAndForwardCurrencyContractsLossesMember_lbl" xml:lang="en-US">Futures And Forward Currency Contracts Losses [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_FuturesAndForwardCurrencyContractsLossesMember_lbl" xml:lang="en-US">Futures And Forward Currency Contracts Losses [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_FuturesAndForwardCurrencyContractsLossesMember_lbl" xml:lang="en-US">Losses [Member]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="us-gaap_DerivativeInstrumentRiskAxis" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeInstrumentRiskAxis" xlink:to="us-gaap_DerivativeInstrumentRiskAxis_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeInstrumentRiskAxis_lbl" xml:lang="en-US">Derivative Instrument Risk [Axis]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="us-gaap_DerivativeContractTypeDomain" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeContractTypeDomain" xlink:to="us-gaap_DerivativeContractTypeDomain_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeContractTypeDomain_lbl" xml:lang="en-US">Derivative Contract Type [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DerivativeContractTypeDomain_lbl" xml:lang="en-US">Derivative Contract Type [Domain]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TradingGainsLosses" xlink:label="us-gaap_TradingGainsLosses" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TradingGainsLosses" xlink:to="us-gaap_TradingGainsLosses_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TradingGainsLosses_lbl" xml:lang="en-US">Trading Activity, Gains and Losses, Net</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_TradingGainsLosses_lbl" xml:lang="en-US">Trading gains (losses) of futures and forward currency contracts</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_DerivativeNotionalAmount" xlink:label="invest_DerivativeNotionalAmount" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="invest_DerivativeNotionalAmount" xlink:to="invest_DerivativeNotionalAmount_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="invest_DerivativeNotionalAmount_lbl" xml:lang="en-US">Notional Amount of Derivatives</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="invest_DerivativeNotionalAmount_lbl" xml:lang="en-US">Average notional amount of futures and forward currency contracts</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OffsettingAssetsTable" xlink:label="us-gaap_OffsettingAssetsTable" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OffsettingAssetsTable" xlink:to="us-gaap_OffsettingAssetsTable_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OffsettingAssetsTable_lbl" xml:lang="en-US">Offsetting Assets [Table]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CounterpartyNameAxis" xlink:label="us-gaap_CounterpartyNameAxis" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CounterpartyNameAxis" xlink:to="us-gaap_CounterpartyNameAxis_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CounterpartyNameAxis_lbl" xml:lang="en-US">Counterparty Name [Axis]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RepurchaseAgreementCounterpartyNameDomain" xlink:label="us-gaap_RepurchaseAgreementCounterpartyNameDomain" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepurchaseAgreementCounterpartyNameDomain" xlink:to="us-gaap_RepurchaseAgreementCounterpartyNameDomain_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RepurchaseAgreementCounterpartyNameDomain_lbl" xml:lang="en-US">Repurchase Agreement Counterparty Name [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RepurchaseAgreementCounterpartyNameDomain_lbl" xml:lang="en-US">Counterparty Name [Domain]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_CounterpartyCMember" xlink:label="millgmt_CounterpartyCMember" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_CounterpartyCMember" xlink:to="millgmt_CounterpartyCMember_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_CounterpartyCMember_lbl" xml:lang="en-US">Counterparty C [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_CounterpartyCMember_lbl" xml:lang="en-US">Counterparty C [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_CounterpartyCMember_lbl" xml:lang="en-US">Counterparty C [Member]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_CounterpartyGMember" xlink:label="millgmt_CounterpartyGMember" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_CounterpartyGMember" xlink:to="millgmt_CounterpartyGMember_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_CounterpartyGMember_lbl" xml:lang="en-US">Counterparty G [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_CounterpartyGMember_lbl" xml:lang="en-US">Counterparty G [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_CounterpartyGMember_lbl" xml:lang="en-US">Counterparty G [Member]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_CounterpartyHMember" xlink:label="millgmt_CounterpartyHMember" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_CounterpartyHMember" xlink:to="millgmt_CounterpartyHMember_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_CounterpartyHMember_lbl" xml:lang="en-US">Counterparty H [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_CounterpartyHMember_lbl" xml:lang="en-US">Counterparty H [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_CounterpartyHMember_lbl" xml:lang="en-US">Counterparty H [Member]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_CounterpartyIMember" xlink:label="millgmt_CounterpartyIMember" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_CounterpartyIMember" xlink:to="millgmt_CounterpartyIMember_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_CounterpartyIMember_lbl" xml:lang="en-US">Counterparty I [Member]</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement_lbl" xml:lang="en-US">Derivative Asset, Fair Value, Gross Asset</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement_lbl" xml:lang="en-US">Gross amounts of recognized assets</label>
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    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeAssetFairValueGrossLiability" xlink:to="us-gaap_DerivativeAssetFairValueGrossLiability_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeAssetFairValueGrossLiability_lbl" xml:lang="en-US">Derivative Asset, Fair Value, Gross Liability</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DerivativeAssetFairValueGrossLiability_lbl" xml:lang="en-US">Gross amounts offset in the Statement of Financial Condition</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssetNotSubjectToMasterNettingArrangementDeduction" xlink:label="us-gaap_DerivativeAssetNotSubjectToMasterNettingArrangementDeduction" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeAssetNotSubjectToMasterNettingArrangementDeduction" xlink:to="us-gaap_DerivativeAssetNotSubjectToMasterNettingArrangementDeduction_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeAssetNotSubjectToMasterNettingArrangementDeduction_lbl" xml:lang="en-US">Derivative Financial Instrument, Asset</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DerivativeAssetNotSubjectToMasterNettingArrangementDeduction_lbl" xml:lang="en-US">Financial Instruments</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssetCollateralObligationToReturnCashOffset" xlink:label="us-gaap_DerivativeAssetCollateralObligationToReturnCashOffset" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeAssetCollateralObligationToReturnCashOffset" xlink:to="us-gaap_DerivativeAssetCollateralObligationToReturnCashOffset_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeAssetCollateralObligationToReturnCashOffset_lbl" xml:lang="en-US">Derivative, Collateral, Obligation to Return Cash And Or Securities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DerivativeAssetCollateralObligationToReturnCashOffset_lbl" xml:lang="en-US">Collateral Received</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection" xlink:label="us-gaap_DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection" xlink:to="us-gaap_DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_lbl" xml:lang="en-US">Derivative Asset, Fair Value, Amount Not Offset Against Collateral</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_lbl" xml:lang="en-US">Net Amount</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_CollateralAsPercentageOfNetAssetsMaximum" xlink:label="millgmt_CollateralAsPercentageOfNetAssetsMaximum" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_CollateralAsPercentageOfNetAssetsMaximum" xlink:to="millgmt_CollateralAsPercentageOfNetAssetsMaximum_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_CollateralAsPercentageOfNetAssetsMaximum_lbl" xml:lang="en-US">Collateral As A Percentage Of Net Assets, Maximum</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_CollateralAsPercentageOfNetAssetsMaximum_lbl" xml:lang="en-US">Collateral As A Percentage Of Net Assets, Maximum</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_CollateralAsPercentageOfNetAssetsMaximum_lbl" xml:lang="en-US">Collateral disclosed as a percentage of net assets, maximum allowed</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OffsettingLiabilitiesTable" xlink:label="us-gaap_OffsettingLiabilitiesTable" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OffsettingLiabilitiesTable" xlink:to="us-gaap_OffsettingLiabilitiesTable_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OffsettingLiabilitiesTable_lbl" xml:lang="en-US">Offsetting Liabilities [Table]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OffsettingLiabilitiesLineItems" xlink:label="us-gaap_OffsettingLiabilitiesLineItems" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OffsettingLiabilitiesLineItems" xlink:to="us-gaap_OffsettingLiabilitiesLineItems_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OffsettingLiabilitiesLineItems_lbl" xml:lang="en-US">Offsetting Liabilities [Line Items]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement" xlink:label="us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement" xlink:to="us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_lbl" xml:lang="en-US">Derivative Liability, Fair Value, Gross Liability</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement_lbl" xml:lang="en-US">Gross amounts of recognized liabilities</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilityFairValueGrossAsset" xlink:label="us-gaap_DerivativeLiabilityFairValueGrossAsset" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeLiabilityFairValueGrossAsset" xlink:to="us-gaap_DerivativeLiabilityFairValueGrossAsset_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeLiabilityFairValueGrossAsset_lbl" xml:lang="en-US">Derivative Liability, Fair Value, Gross Asset</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DerivativeLiabilityFairValueGrossAsset_lbl" xml:lang="en-US">Gross amounts offset in the Statement of Financial Condition</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilityNotSubjectToMasterNettingArrangementDeduction" xlink:label="us-gaap_DerivativeLiabilityNotSubjectToMasterNettingArrangementDeduction" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeLiabilityNotSubjectToMasterNettingArrangementDeduction" xlink:to="us-gaap_DerivativeLiabilityNotSubjectToMasterNettingArrangementDeduction_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeLiabilityNotSubjectToMasterNettingArrangementDeduction_lbl" xml:lang="en-US">Derivative Financial Instrument, Liability</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DerivativeLiabilityNotSubjectToMasterNettingArrangementDeduction_lbl" xml:lang="en-US">Financial Instruments</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilityCollateralRightToReclaimCashOffset" xlink:label="us-gaap_DerivativeLiabilityCollateralRightToReclaimCashOffset" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeLiabilityCollateralRightToReclaimCashOffset" xlink:to="us-gaap_DerivativeLiabilityCollateralRightToReclaimCashOffset_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeLiabilityCollateralRightToReclaimCashOffset_lbl" xml:lang="en-US">Derivative, Collateral, Right to Reclaim Cash And Or Securities</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DerivativeLiabilityCollateralRightToReclaimCashOffset_lbl" xml:lang="en-US">Collateral Pledged</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection" xlink:label="us-gaap_DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection" xlink:to="us-gaap_DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_lbl" xml:lang="en-US">Derivative Liability, Fair Value, Amount Not Offset Against Collateral</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection_lbl" xml:lang="en-US">Net Amount</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfCapitalUnitsTable" xlink:label="us-gaap_ScheduleOfCapitalUnitsTable" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfCapitalUnitsTable" xlink:to="us-gaap_ScheduleOfCapitalUnitsTable_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfCapitalUnitsTable_lbl" xml:lang="en-US">Schedule of Capital Units [Table]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CapitalUnitLineItems" xlink:label="us-gaap_CapitalUnitLineItems" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CapitalUnitLineItems" xlink:to="us-gaap_CapitalUnitLineItems_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CapitalUnitLineItems_lbl" xml:lang="en-US">Capital Unit [Line Items]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesIssuedBasic" xlink:label="us-gaap_WeightedAverageNumberOfSharesIssuedBasic" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfSharesIssuedBasic" xlink:to="us-gaap_WeightedAverageNumberOfSharesIssuedBasic_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageNumberOfSharesIssuedBasic_lbl" xml:lang="en-US">Weighted Average Number of Shares Issued, Basic</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_WeightedAverageNumberOfSharesIssuedBasic_lbl" xml:lang="en-US">Weighted average number of units for each Series</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_WeightedAverageNumberOfUnitsDateOfInitialIssuance" xlink:label="millgmt_WeightedAverageNumberOfUnitsDateOfInitialIssuance" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_WeightedAverageNumberOfUnitsDateOfInitialIssuance" xlink:to="millgmt_WeightedAverageNumberOfUnitsDateOfInitialIssuance_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_WeightedAverageNumberOfUnitsDateOfInitialIssuance_lbl" xml:lang="en-US">Weighted average number of units, Date of initial issuance.</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_WeightedAverageNumberOfUnitsDateOfInitialIssuance_lbl" xml:lang="en-US">Weighted average number of units, Date of initial issuance</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_ProfitShareAllocatedToManagingOwnerIncludingProfitAndLoss" xlink:label="millgmt_ProfitShareAllocatedToManagingOwnerIncludingProfitAndLoss" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_ProfitShareAllocatedToManagingOwnerIncludingProfitAndLoss" xlink:to="millgmt_ProfitShareAllocatedToManagingOwnerIncludingProfitAndLoss_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_ProfitShareAllocatedToManagingOwnerIncludingProfitAndLoss_lbl" xml:lang="en-US">Profit Share Allocated To Managing Owner Including Profit And Loss</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_ProfitShareAllocatedToManagingOwnerIncludingProfitAndLoss_lbl" xml:lang="en-US">Profit Share Allocated To Managing Owner Including Profit And Loss</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_ProfitShareAllocatedToManagingOwnerIncludingProfitAndLoss_lbl" xml:lang="en-US">Redemption payable</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTable" xlink:label="us-gaap_SubsequentEventTable" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventTable" xlink:to="us-gaap_SubsequentEventTable_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventTable_lbl" xml:lang="en-US">Subsequent Event [Table]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="us-gaap_SubsequentEventTypeAxis" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventTypeAxis" xlink:to="us-gaap_SubsequentEventTypeAxis_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventTypeAxis_lbl" xml:lang="en-US">Subsequent Event Type [Axis]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="us-gaap_SubsequentEventTypeDomain" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventTypeDomain" xlink:to="us-gaap_SubsequentEventTypeDomain_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventTypeDomain_lbl" xml:lang="en-US">Subsequent Event Type [Domain]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_SubsequentEventTypeDomain_lbl" xml:lang="en-US">Subsequent Event Type [Domain]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="us-gaap_SubsequentEventMember" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventMember" xlink:to="us-gaap_SubsequentEventMember_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventMember_lbl" xml:lang="en-US">Subsequent Event [Member]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_SubsequentEventMember_lbl" xml:lang="en-US">Subsequent Event [Member]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SubsequentEventLineItems" xlink:label="us-gaap_SubsequentEventLineItems" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubsequentEventLineItems" xlink:to="us-gaap_SubsequentEventLineItems_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubsequentEventLineItems_lbl" xml:lang="en-US">Subsequent Event [Line Items]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_ProfitShareEarned" xlink:label="millgmt_ProfitShareEarned" />
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="millgmt_ProfitShareEarned" xlink:to="millgmt_ProfitShareEarned_lbl" />
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_ProfitShareEarned_lbl" xml:lang="en-US">Profit Share Earned</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_ProfitShareEarned_lbl" xml:lang="en-US">Profit Share Earned</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_BrokerageAndCustodialFeesTable_lbl" xml:lang="en-US">Brokerage And Custodial Fees [Table]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_BrokerageAndCustodialFeesTable_lbl" xml:lang="en-US">Brokerage And Custodial Fees [Table]</label>
    <loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="us-gaap_StatementClassOfStockAxis" />
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ClassOfStockDomain_lbl" xml:lang="en-US">Class Of Stock [Domain]</label>
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    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_Series1UnitsMember" xlink:label="millgmt_Series1UnitsMember" />
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_Series1UnitsMember_lbl" xml:lang="en-US">Series 1 Units [Member]</label>
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    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_BrokerageAndCustodialFeesLineItems" xlink:label="millgmt_BrokerageAndCustodialFeesLineItems" />
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_BrokerageAndCustodialFeesLineItems_lbl" xml:lang="en-US">Brokerage And Custodial Fees [Line Items]</label>
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="millgmt_BrokerageAndCustodialFeesLineItems_lbl" xml:lang="en-US">Brokerage And Custodial Fees [Line Items]</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_PercentageOfGrossProceedsPaidToSellingAgents" xlink:label="millgmt_PercentageOfGrossProceedsPaidToSellingAgents" />
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_PercentageOfGrossProceedsPaidToSellingAgents_lbl" xml:lang="en-US">Percentage Of Gross Proceeds Paid To Selling Agents</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_PercentageOfRebateToAllHolders_lbl" xml:lang="en-US">Percentage Of Rebate To All Holders</label>
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="millgmt_PercentageOfRebateToAllHolders_lbl" xml:lang="en-US">Percentage of rebate to all holders</label>
    <loc xlink:type="locator" xlink:href="millgmt-20161231.xsd#millgmt_NumberOfUnitsOutstandingForSellingAgents" xlink:label="millgmt_NumberOfUnitsOutstandingForSellingAgents" />
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="millgmt_BrokerageFeeRebates_lbl" xml:lang="en-US">Brokerage Fee Rebates</label>
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