Financial Highlights (Tables)

12 Months Ended

Dec. 31, 2019

Financial Highlights

Schedule of financial highlights reflecting total return and relevant ratios to Partnership

	2019		2018		2017
Total return – Class A Units	4.85	%	(9.92)	%	(3.12)	%
Total return – Class B Units	4.23	%	(10.50)	%	(3.75)	%
Total return – Legacy 1 Class Units	7.20	%	(7.80)	%	(0.86)	%
Total return – Legacy 2 Class Units	6.87	%	(8.03)	%	(1.10)	%
Total return – Global 1 Class Units	7.65	%	(6.95)	%	(0.40)	%
Total return – Global 2 Class Units	7.47	%	(7.19)	%	(0.62)	%
Total return – Global 3 Class Units	5.73	%	(8.82)	%	(2.34)	%
Ratios as a percentage of average net assets:
Expenses prior to incentive fees	5.17	%	5.13	%	5.16	%
Incentive fees	0.57	%	0.01	%	0.28	%
Total expenses	5.74	%	5.14	%	5.44	%
Net investment loss (1)	(3.52)	%	(4.10)	%	(4.01)	%

(1) Excludes incentive fee.

Schedule of per unit performance calculations activity related to the Partnership

	Class A		Class B		Legacy 1		Legacy 2		Global 1		Global 2		Global 3
	Units		Units		Class Units		Class Units		Class Units		Class Units		Class Units
Per Unit Performance
(for unit outstanding throughout the entire period):
Net asset value per unit at December 31, 2016	$	1,084.25	$	890.74	$	849.35	$	831.55	$	838.82	$	823.19	$	719.36
Income (loss) from operations
Net realized and change in unrealized gain (loss) from trading		14.25		11.87		11.12		10.93		11.08		11.60		10.11
Expenses net of interest and dividend income*		(48.10)		(45.24)		(18.41)		(20.12)		(14.48)		(16.67)		(26.97)
Total income (loss) from operations		(33.85)		(33.37)		(7.29)		(9.19)		(3.40)		(5.07)		(16.86)
Net asset value per unit at December 31, 2017		1,050.40		857.37		842.06		822.36		835.42		818.12		702.50
Income (loss) from operations
Net realized and change in unrealized gain (loss) from trading		(59.20)		(48.57)		(48.77)		(47.38)		(45.27)		(44.42)		(37.92)
Expenses net of interest and dividend income*		(44.96)		(41.49)		(16.95)		(18.65)		(12.75)		(14.44)		(24.01)
Total income (loss) from operations		(104.16)		(90.06)		(65.72)		(66.03)		(58.02)		(58.86)		(61.93)
Net asset value per unit at December 31, 2018		946.24		767.31		776.34		756.33		777.40		759.26		640.57
Income (loss) from operations
Net realized and change in unrealized gain (loss) from trading		88.82		71.97		72.66		71.28		73.71		71.96		60.72
Expenses net of interest and dividend income*		(42.96)		(39.50)		(16.72)		(19.34)		(14.24)		(15.23)		(24.00)
Total income (loss) from operations		45.86		32.47		55.94		51.94		59.47		56.73		36.72
Net asset value per unit at December 31, 2019	$	992.10	$	799.78	$	832.28	$	808.27	$	836.87	$	815.99	$	677.29

* Expenses net of interest and dividend income per unit and organization and offering costs per unit are calculated by dividing the expenses net of interest income by the average number of units outstanding during the period. The net realized and change in unrealized gain (loss) from trading is a balancing amount necessary to reconcile the change in net asset value per unit with the other per unit information.