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Statements of Financial Condition (Parenthetical) - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Investments, cost $ 271,949,512 [1] $ 135,975,320
US Treasury Bill Securities [Member]    
Investments, cost $ 252,672,685 $ 135,975,320
[1] Security may be traded on a discount basis. The interest rate shown represents the discount rate at the most recent auction date of the security prior to period end.