Subsequent Events

9 Months Ended

Sep. 30, 2016

Subsequent Events [Abstract]

Subsequent Events [Text Block]

(12)Subsequent Events

As of October 1, 2016, the Trust partially redeemed out of the “OASIS ROW Asset Mgmt Series” (managed by ROW) and the “OASIS Turning Wheel Capital Series” (managed by TWC ) and after month-end reallocations subscribed to invest into the “OASIS Revolution Capital Mgmt Series” (managed by RCM); “OASIS PGR Capital Series” (managed by PGR); “OASIS Claughton Capital Series” (managed by Claughton) and into the “OASIS Degraves Capital Mgmt PTY Series” (managed by DCM), and subscribed to allocate additional funds from the cash investment account at Wells that is managed by RJOIM.   The amounts redeemed out of the OASIS ROW Asset Mgmt Series and OASIS Turning Wheel Capital Series was $30,365 and $416, respectively; and the amount allocated to OASIS Revolution Capital Mgmt Series, OASIS PGR Capital Series , OASIS Claughton Capital Series and OASIS Degraves Capital Mgmt PTY Series was $40,360, $195,341, $112,290 and $2,830, respectively; and the amount allocated from Wells was $320,039  after month-end reallocation.

As of November 1, 2016, the Trust partially redeemed out of the “OASIS ROW Asset Mgmt Series” (managed by ROW); “OASIS Turning Wheel Capital Series” (managed by TWC ) and out of the “OASIS Claughton Capital Series” (managed by Claughton) and after month-end reallocations subscribed to invest into the “OASIS Revolution Capital Mgmt Series” (managed by RCM); and into the “OASIS PGR Capital Series” (managed by PGR) and into the “OASIS Degraves Capital Mgmt PTY Series” (managed by DCM), and subscribed to allocate the excess funds to the cash investment account at Wells to be managed by RJOIM.   The amounts redeemed out of the OASIS ROW Asset Mgmt Series, OASIS Turning Wheel Capital Series and OASIS Claughton Capital Series was $69,081, $163,307 and $24,296, respectively; and the amount allocated to OASIS Revolution Capital Mgmt Series, OASIS PGR Capital Series  and OASIS Degraves Capital Mgmt PTY Series was $9,720, $168,006 and $44,170, respectively; and the amount allocated to Wells was $34,788 after month-end reallocation.

As of November 3, 2016, the Trust partially redeemed out of the "OASIS Revolution Capital Mgmt Series" (managed by RCM)  and fully redeemed out of the "OASIS Turning Wheel Capital Mgmt Series" (managed by TWC) and subscribed to allocate the excess funds to the cash investment account at Wells to be managed by RJOIM.  The amounts redeemed out of the OASIS Revolution Capital Mgmt Series and out of the OASIS Turning Wheel Capital Series was $266,667, and $109,421, respectively, and the amount allocated to Wells was $376,088.

As of November 4, 2016, the Trust fully redeemed out of the “OASIS PGR Capital Series” (managed by PGR) and fully redeemed out of the “OASIS Claughton Capital Series” (managed by Claughton) and subscribed to allocate the excess funds to the cash investment account at Wells to be managed by RJOIM.  The amounts redeemed out of the OASIS PGR Capital Series and out of the OASIS Claughton Capital Series was $1,338,011, and $299,126, respectively, and the amount allocated to Wells was $1,637,137.

The current NAV as of close of business November 11, 2016 for Class A and Class B units are $50.68 and $59.34, respectively.