Financial Highlights (Tables)

6 Months Ended

Jun. 30, 2019

Financial Highlights [Abstract]

Operating Performance Calculation Per Unit

The following is the per Unit operating performance calculation for the three months ended June 30, 2019 and 2018:

	Class 0			Class 2
Per unit operating performance
Net asset value per unit, March 31, 2018	$	143.24		$	103.44
Net loss:
Net investment loss		(0.33	)		(0.43	)
Net loss on investments		(1.83	)		(1.32	)
Net loss		(2.16	)		(1.75	)
Net asset value per unit, June 30, 2018	$	141.08		$	101.69
Net asset value per unit, March 31, 2019	$	133.70		$	95.82
Net gain:
Net investment loss		(0.22	)		(0.35	)
Net gain on investments		8.73			6.27
Net gain		8.51			5.92
Net asset value per unit, June 30, 2019	$	142.21		$	101.74

The following is the per Unit operating performance calculation for the six months ended June 30, 2019 and 2018:

	Class 0			Class 2
Per unit operating performance
Net asset value per unit, December 31, 2017	$	140.90		$	101.94
Net gain (loss):
Net investment loss		(0.71	)		(0.91	)
Net gain on investments		0.89			0.66
Net gain (loss)		0.18			(0.25	)
Net asset value per unit, June 30, 2018	$	141.08		$	101.69
Net asset value per unit, December 31, 2018	$	133.70		$	96.01
Net gain:
Net investment loss		(0.43	)		(0.67	)
Net gain on investments		8.94			6.40
Net gain		8.51			5.73
Net asset value per unit, June 30, 2019	$	142.21		$	101.74

Ratios to Average Members' Capital and Total Return

The following represents ratios to average members’ capital and total return for the three months ended June 30, 2019 and 2018:

	Class 0						Class 2
	2019			2018			2019			2018
Total return before Incentive Allocation		6.36	%		(1.51	)%		6.18	%		(1.69	)%
Incentive Allocation		0.00			0.00			0.00			0.00
Total return after Incentive Allocation		6.36	%		(1.51	)%		6.18	%		(1.69	)%
Net investment loss before Incentive Allocation		(0.16	)%		(0.23	)%		(0.35	)%		(0.42	)%
Incentive Allocation		0.00			0.00			0.00			0.00
Net investment loss after Incentive Allocation		(0.16	)%		(0.23	)%		(0.35	)%		(0.42	)%
Total expenses before Incentive Allocation		0.68	%		0.61	%		0.88	%		0.80	%
Incentive Allocation		0.00			0.00			0.00			0.00
Total expenses after Incentive Allocation		0.68	%		0.61	%		0.88	%		0.80	%

The following represents ratios to average members’ capital, excluding the managing member, and total return for the six months ended June 30, 2019 and 2018:

	Class 0						Class 2
	2019			2018			2019			2018
Total return before Incentive Allocation		6.36	%		0.13	%		5.97	%		(0.25	)%
Incentive Allocation		0.00			0.00			0.00			0.00
Total return after Incentive Allocation		6.36	%		0.13	%		5.97	%		(0.25	)%
Net investment loss before Incentive Allocation		(0.31	)%		(0.49	)%		(0.69	)%		(0.87	)%
Incentive Allocation		0.00			0.00			0.00			0.00
Net investment loss after Incentive Allocation		(0.31	)%		(0.49	)%		(0.69	)%		(0.87	)%
Total expenses before Incentive Allocation		1.33	%		1.20	%		1.70	%		1.59	%
Incentive Allocation		0.00			0.00			0.00			0.00
Total expenses after Incentive Allocation		1.33	%		1.20	%		1.70	%		1.59	%