Financial Highlights (Tables)

12 Months Ended

Dec. 31, 2020

Operating Performance Calculation Per Unit

The following is the per Unit operating performance calculation and total return for the years ended December 31, 2020 and 2019:

	Class 0			Class 2
Per unit operating performance
Net asset value per Unit, December 31, 2018	$	133.70		$	96.01
Net income:
Net investment loss		(1.19	)		(1.63	)
Net gain on investments		19.53			13.97
Net income		18.34			12.34
Net asset value per Unit, December 31, 2019		152.04			108.35
Net income:
Net investment loss		(6.70	)		(3.91	)
Net gain on investments		27.72			19.79
Net income		21.02			15.88
Net asset value per Unit, December 31, 2020	$	173.06		$	124.23

Ratios to Average Members' Capital, Excluding the Managing Member, and Total Return

The following represents ratios to average Members’ Capital, excluding the Managing Member, and total return for the years ended December 31, 2020 and 2019:

	Class 0						Class 2
	2020			2019			2020			2019

Total return before Incentive Allocation		16.33	%		13.72	%		15.64	%		12.86	%
Incentive Allocation		(2.51	)		0.00			(0.99	)		0.00
Total return after Incentive Allocation		13.82	%		13.72	%		14.65	%		12.86	%

Net investment loss before Incentive Allocation		(1.62	)%		(0.83	)%		(2.37	)%		(1.59	)%
Incentive Allocation		(2.51	)		0.00			(0.99	)		0.00
Net investment loss after Incentive Allocation		(4.13	)%		(0.83	)%		(3.36	)%		(1.59	)%

Total expenses before Incentive Allocation		2.65	%		2.83	%		3.39	%		3.58	%
Incentive Allocation		2.51			0.00			0.99			0.00
Total expenses after Incentive Allocation		5.16	%		2.83	%		4.38	%		3.58	%