Derivative Instruments and Hedging Activities (Tables)

67 Months Ended

Jun. 30, 2012

Derivatives Not Designated as Hedging Instruments

Derivatives not designated as hedging instruments:

As of June 30, 2012
	Asset		Liability
Type of	Derivatives		Derivatives			Net
Futures Contracts	Fair Value		Fair Value			Fair Value
Agriculture	$	80,272	$	(110,998	)	$	(30,726	)
Currency		13,751		(116,128	)		(102,377	)
Energy		16,608		(60,345	)		(43,737	)
Indices		8,390		(241,103	)		(232,713	)
Interest Rates		55,791		(68,355	)		(12,564	)
Metals		91,875		(52,296	)		39,579
	$	266,687	$	(649,225	)	$	(382,538	)

As of December 31, 2011
	Asset		Liability
Type of	Derivatives		Derivatives			Net
Futures Contracts	Fair Value		Fair Value			Fair Value
Agriculture	$	10,408	$	-		$	10,408
Currency		527,500		(350,799	)		176,701
Energy		225,038		(119,410	)		105,628
Indices		17,851		(47,027	)		(29,176	)
Interest Rates		139,768		(10,045	)		129,723
Metals		72,320		(80,138	)		(7,818	)
	$	992,885	$	(607,419	)	$	385,466

Trading Gain (Loss)

Trading gain (loss) for the following periods:

	Three months ended June 30,						Six months ended June 30,
Type of Futures Contracts	2012			2011			2012			2011
Agriculture	$	(116,326	)	$	(513,248	)	$	(316,348	)	$	(611,681	)
Currency		(205,017	)		(701,077	)		(643,324	)		(1,225,707	)
Energy		(15,791	)		(66,697	)		182,210			196,021
Indices		(375,453	)		219,316			(337,237	)		266,085
Interest Rates		425,208			241,800			137,614			(386,676	)
Metals		70,627			(207,505	)		(393,854	)		(116,584	)
	$	(216,752	)	$	(1,027,411	)	$	(1,370,939	)	$	(1,878,542	)