Summary of Significant Accounting Policies (Tables)

9 Months Ended

Mar. 31, 2018

Accounting Policies [Abstract]

Schedule of valuation of investments

The following tables summarize RISE’s valuation of investments at March 31, 2018 and at June 30, 2017 using the fair value hierarchy:

	March 31, 2018 (unaudited)
	Short-Term Investments				Purchased Options Contracts		Written Options Contracts			Futures Contracts			Total
Level I – Quoted Prices	$	39,863,682	a	$	27,828	a	$	(56,469	)b	$	(230,718	)c	$	39,604,323

a – Included in Investments in securities in the Combined Statements of Assets and Liabilities.

b – Included in Options Written, at fair value in the Combined Statements of Assets and Liabilities.

c – Included in Receivable on open futures contracts in the Combined Statements of Assets and Liabilities.

	June 30, 2017 (audited)
	Short-Term Investments				Purchased Options Contracts		Written Options Contracts			Futures Contracts			Total
Level I – Quoted Prices	$	20,247,291	a	$	72,703	a	$	(3,477	)b	$	21,795	c	$	20,338,312

a – Included in Investments in securities in the Combined Statements of Assets and Liabilities.

b – Included in Options Written, at fair value in the Combined Statements of Assets and Liabilities.

c – Included in Receivable on open futures contracts in the Combined Statements of Assets and Liabilities.

The following table summarizes BDRY’s valuation of investments at March 31, 2018 using the fair value hierarchy:

	March 31, 2018 (unaudited)
	Short-Term Investments			Futures Contracts			Total
Level I – Quoted Prices	$	2,252,315	a	$	(352,150	)b	$	1,900,165

a – Included in Investments in securities in the Combined Statements of Assets and Liabilities.

b – Included in Payable on open futures contracts in the Combined Statements of Assets and Liabilities.