ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2018

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Investments Accounted for at Fair Value on a Recurring Basis

The following tables set forth by level within the fair value hierarchy the Fund’s investments accounted for at fair value on a recurring basis as of December 31, 2018 and December 31, 2017.

	Fair Value at December 31, 2018
Description	Level 1		Level 2		Level 3		Total
Investments
Short term investments	$	2,208	$	0	$	0	$	2,208
Fixed income securities		0		156,131,114		0		156,131,114
Other Financial Instruments
Exchange-traded futures contracts		3,422,063		0		0		3,422,063
Forward currency contracts		0		4,676,402		0		4,676,402
Total	$	3,424,271	$	160,807,516	$	0	$	164,231,787

	Fair Value at December 31, 2017
Description	Level 1		Level 2		Level 3		Total
Investments
Short term investments	$	7,756	$	0	$	0	$	7,756
Fixed income securities		0		246,302,623		0		246,302,623
Other Financial Instruments
Exchange-traded futures contracts		4,337,243		0		0		4,337,243
Forward currency contracts		0		1,551,513		0		1,551,513
Total	$	4,344,999	$	247,854,136	$	0	$	252,199,135