Balance Sheets (USD $)	Dec. 31, 2010	Sep. 30, 2011 Unaudited
ASSETS
Investments in investment funds--at fair value--Note B (cost: $26,975,139 and $28,822,465 at September 30, 2011 and December 31, 2010, respectively)	$ 32,048,275	$ 27,748,569
Investment in futures contracts--at fair value--Note B	2,928,061	6,253,696
Total investments	34,976,336	34,002,265
Cash and cash equivalents	23,358,269	67,212,062
Other Receivables	208,691	208,441
Investments in transit	16,600,000	0
Investment fund redemptions receivable	29,645,432	0
TOTAL ASSETS	104,788,728	101,422,768
LIABILITIES
Investment in futures contracts--at fair value--Note B	1,334,237	4,640,439
Commissions payable	23,802	24,672
Management, incentive & administrative fees payable--Note D	102,221	98,599
Accounts payable	51,300	70,957
Managed accounts fees payable	400,108	453,193
Membership redemptions payable	2,681,275	485,849
Capital contributions received in advance of admission date	521,391	2,133,368
TOTAL LIABILITIES	5,114,334	7,907,077
NET ASSETS-- Note C	99,674,394	93,515,691
TOTAL LIABILITIES AND NET ASSETS	$ 104,788,728	$ 101,422,768