Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2016

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured at Fair Value on Recurring Basis

September 30, 2016	Total		Level 1		Level 2		Level 3
Assets
Futures	$	542,530	$	542,530	$	-	$	-
Forwards		650,679		138,047		512,632		-
Total assets	$	1,193,209	$	680,577	$	512,632	$	-
Liabilities
Futures	$	244,486	$	244,486	$	-	$	-
Forwards		693,569		120,444		573,125		-
Total liabilities	$	938,055	$	364,930	$	573,125	$	-

December 31, 2015	Total		Level 1		Level 2		Level 3
Assets
U.S. Treasury bills	$	15,498,983	$	-	$	15,498,983	$	-
Futures		269,891		269,891		-		-
Forwards		1,264,408		26,108		1,238,300		-
Total assets	$	17,033,282	$	295,999	$	16,737,283	$	-
Liabilities
Futures	$	460,830	$	460,830	$	-	$	-
Forwards		1,322,225		135,773		1,186,452		-
Total liabilities	$	1,783,055	$	596,603	$	1,186,452	$	-