Subsequent Events

9 Months Ended

Sep. 30, 2017

Subsequent Events [Abstract]

Subsequent Events [Text Block]

(12)       Subsequent Events

As of October 1, 2017, the Trust partially redeemed out of the RPM Series and allocated those funds to the cash investment account at Wells to be managed by OIS.  Following the redemption, the RPM Series, in turn, rebalanced and partially redeemed out of the OASIS Revolution Capital Mgmt Series (managed by RCM).  After the month-end reallocation, the amount redeemed out of the OASIS Revolution Capital Mgmt Series was $153,418 and the amount returned back to the Trust and allocated to Wells was $152,026.

On October 20, 2017, in a letter to investors, the Managing Owner of the Trust notified the investors that it has decided to dissolve the Trust and wind up its affairs in accordance with Section 6 of the Trust Agreement.  Unitholders have the option to appoint a person or persons to replace RJOFM as managing owner to continue the business of the Trust, which such appointment must be made by affirmative vote (or an agreement in writing) of more than 50% of the Units (as defined in the Trust Agreement).  If no successor is appointed, then the dissolution of the Trust shall commence 120 days from the date of the notice, on February 17, 2018.

As of November 1, 2017, the Trust partially redeemed out of the RPM Series and allocated those funds to the cash investment account at Wells to be managed by OIS.  Following the redemption, the RPM Series, in turn, rebalanced and partially redeemed out of the OASIS Revolution Capital Mgmt Series (managed by RCM),  OASIS Claughton Capital Series (managed by Claughton), OASIS Degraves Capital Mgmt PTY Series (managed by DCM) and OASIS Prolific Capital Mgmt Series (managed by PCM).  After month-end reallocations, the amounts redeemed out of the OASIS Revolution Capital Mgmt Series, OASIS Claughton Series, OASIS Degraves Capital Mgmt PTY Series and OASIS Prolific Capital Mgmt Series were $209,239, $69,030, $82,479 and $260,879, respectively; and the aggregated amount returned back to the Trust and allocated to Wells was $620,235.