Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Net gain (loss) allocated from investment in Graham Alternative Investment Trading LLC
Net realized gain (loss) on investments	$ (576,504)	$ (2,613,640)	$ (2,392,708)	$ 6,990,498
Net increase (decrease) in unrealized appreciation on investments	1,620,889	(2,232,057)	2,164,106	(4,230,663)
Brokerage commissions and fees	(105,747)	(126,512)	(228,346)	(229,706)
Net gain (loss) allocated from investment in Graham Alternative Investment Trading LLC	938,638	(4,972,209)	(456,948)	2,530,129
Investment income
Interest income	83,041	61,081	166,431	113,268
Expenses
Advisory fees	312,304	354,825	645,549	721,829
Sponsor fees	223,463	255,169	460,414	520,410
Professional fees and other	58,007	55,264	72,823	102,355
Administrator's fees	24,552	28,170	50,777	57,178
Incentive allocation	0	0	0	1,369,198
Total expenses	618,326	693,428	1,229,563	2,770,970
Net investment loss allocated from investment in Graham Alternative Investment Trading LLC	(535,285)	(632,347)	(1,063,132)	(2,657,702)
Net income (loss)	$ 403,353	$ (5,604,556)	$ (1,520,080)	$ (127,573)