Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Net (loss) gain allocated from investment in Graham Alternative Investment Trading LLC
Net realized loss on investments	$ (1,112,000)	$ (576,504)	$ (868,590)	$ (2,392,708)
Net (decrease) increase in unrealized appreciation on investments	(953,942)	1,620,889	(1,945,658)	2,164,106
Brokerage commissions and fees	(80,294)	(105,747)	(164,202)	(228,346)
Net (loss) gain allocated from investment in Graham Alternative Investment Trading LLC	(2,146,236)	938,638	(2,978,450)	(456,948)
Investment income
Interest income	101,332	83,041	194,155	166,431
Expenses
Advisory fees	229,777	312,304	480,321	645,549
Sponsor fees	127,085	223,463	313,755	460,414
Professional fees and other	67,594	58,007	115,999	72,823
Administrator's fees	17,405	24,552	36,693	50,777
Incentive allocation	0	0	0	0
Total expenses	441,861	618,326	946,768	1,229,563
Net investment loss allocated from investment in Graham Alternative Investment Trading LLC	(340,529)	(535,285)	(752,613)	(1,063,132)
Net (loss) income	$ (2,486,765)	$ 403,353	$ (3,731,063)	$ (1,520,080)