Financial Highlights (Tables)

3 Months Ended

Mar. 31, 2021

Financial Highlights [Abstract]

Operating Performance Calculation Per Unit

The following is the per Unit operating performance calculation for the three months ended March 31, 2021 and 2020:

	Class 0			Class 2
Per unit operating performance
Net asset value per Unit, December 31, 2019	$	152.04		$	108.35
Net income:
Net investment loss		(1.03	)		(0.47	)
Net gain on investments		8.31			5.91
Net income		7.28			5.44
Net asset value per Unit, March 31, 2020	$	159.32		$	113.79
Net asset value per Unit, December 31, 2020	$	173.06		$	124.23
Net income:
Net investment loss		(3.08	)		(2.41	)
Net gain on investments		11.46			8.23
Net income		8.38			5.82
Net asset value per Unit, March 31, 2021	$	181.44		$	130.05

Ratios to Average Members' Capital and Total Return

The following represents ratios to average Members’ Capital and total return for the three months ended March 31, 2021 and 2020:

	Class 0						Class 2
	2021			2020			2021			2020
Total return before Incentive Allocation		6.06	%		5.21	%		5.88	%		5.02	%
Incentive Allocation		(1.22	)		(0.43	)		(1.19	)		0.00
Total return after Incentive Allocation		4.84	%		4.78	%		4.69	%		5.02	%
Net investment loss before Incentive Allocation		(0.56	)%		(0.25	)%		(0.75	)%		(0.44	)%
Incentive Allocation		(1.20	)		(0.43	)		(1.16	)		0.00
Net investment loss after Incentive Allocation		(1.76	)%		(0.68	)%		(1.91	)%		(0.44	)%
Total expenses before Incentive Allocation		0.60	%		0.64	%		0.79	%		0.83	%
Incentive Allocation		1.20			0.43			1.16			0.00
Total expenses after Incentive Allocation		1.80	%		1.07	%		1.95	%		0.83	%