10-K/A

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
              FORM 10-Ka
Annual report pursuant to Section 13 or 15(d) of the
       Securities Exchange Act of 1934

        For the fiscal year ended
            December 31, 2017
           Commission File Number 0-17555
           The Everest Fund, L.P.
        (Exact name of registrant as specified in its charter)
        Iowa                                   42-1318186
        State or other jurisdiction of         (I.R.S. Employer
        incorporation or organization)         Identification No.)

           1100 North 4th Street, Suite 232, Fairfield, Iowa 52556
            (Address of principal executive offices) (Zip Code)

         Registrant's telephone number, including area code:
                        (641) 472-5500

Securities registered pursuant to Section 12(b) of the Act:
None

Securities registered pursuant to Section 12(g) of the Act:
Units of Limited Partnership Interest

Indicate by check mark if the registrant is a well-known seasoned
issuer, as defined in Rule 405 of the Securities Act.

Yes       No x

Indicate by check mark if the registrant is not required to file
reports pursuant to Section 13 or Section 15(d) of the Act.

Yes x     No

Note Checking the box above will not relieve any registrant required
to file reports pursuant to Section 13 or 15(d) of the Exchange Act from
their obligations under those Sections.

Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act
of 1934 during the preceding 12 months (or for such shorter period that
the registrant was required to file such reports), and (2) has been subject
to such filing requirements for the past 90 days.

Yes x      No

Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation SK is not contained herein and will not be contained to the
best of the Registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of Form 10K or any
amendment to this Form 10-K: x

Indicate by check mark whether the registrant is a large accelerated filer, an
accelerated filer, or a non-accelerated filer. See definition of accelerated
filer and large accelerated filer in Rule 12b-2 of the Exchange Act.
(Check one):

Large accelerated filer
Accelerated filer
Non-accelerated filer
Small Reporting Company Filer    x

Indicate by check mark whether the registrant is a shell company (as defined
in Rule 12b-2 of the Act).

Yes       No x



EXPLANATORY NOTE

This Amendment on Form 10-K/A (the "Amendment") amends the XBRL filing part
of fiscal yearend report Form 10-K filed by The Everest Fund, L.P., for year
ended December 31, 2017, originally filed with the SEC on April 3, 2018
(the "Original Filing"). This amendment is being filed in order to satisfy XBRL
filing requirement because the Original filing was filed with warnings from
Edgar system about mixed XBRL exhibits.  In this filing we have selected
correct exhibits on Edgar filing system for the attached XBRL files as follows:

EX-101.INS - XBRL Instance document.xml
EX-101.SCH - XBRL Taxonomy Extension Schema document.xsd
EX-101.CAL - XBRL Taxonomy Extension Calculation Linkbase document.xml
EX-101.DEF - XBRL Taxonomy Extension Definition Linkbase document.xml
EX-101.LAB - XBRL Taxonomy Extension Labels Linkbase document.xml
EX-101.PRE - XBRL Taxonomy Extension Presentation Linkbase document.xml

Except as described above, no other changes have been made to the Original
Filingof the Everest Fund, L.P. , it's disclosures or it's financial
statements for yearended December 31, 2017 form 10K. Therefore they have
not been included in this Amendment. Accordingly, this Amendment should be
read in conjunction with the Original Filing and the Company's other
filings made with the SEC on or subsequent to April 3, 2018.





SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned and thereunto duly authorized.

                                EVEREST FUND, L.P.
Date: April 4, 2018     By:  Everest Asset Management, Inc.,
                                                    its General Partner
				          By:__/s/ Peter
Lamoureux_______________________________
					        Peter Lamoureux
					        President
















S

EX-31

EXHIBIT 31

CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER AND PRINCIPAL FINANCIAL OFFICER
PURSUANT TO 18 U.S.C. SECTION 1350 AS ADOPTED PURSUANT TOSECTION 302 OF THE
SARBANES-OXLEY ACT OF 2002

I, Peter Lamoureux, certify that:

1. I have reviewed this annual report on Form 10-K of The Everest Fund, L.P.;
2. Based on my knowledge, this report does not contain any untrue statement of
a material fact or omit
to state a material fact necessary to make the statements made, in light of
the circumstances under which such statements were made, not misleading with
respect to the period covered by this report;
3. Based on my knowledge, the financial statements, and other financial
information included in this report, fairly present in all material respects
the financial condition, results of operations and cash flows
of the registrant as of, and for, the periods presented in this report;
4. I am responsible for establishing and maintaining disclosure controls and
procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and
internal control over financial reporting (as defined in
Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
(a) Designed such disclosure controls and procedures, or caused such disclosure
controls and procedures to be designed under our supervision, to ensure that
material information relating to the registrant, including its consolidated
subsidiaries, is made known to us by others within those entities, particularly
during the period in which this report is being prepared;
(b) Designed such internal control over financial reporting, or caused
such internal control over financial reporting to be designed under our
supervision, to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external
purposes in accordance with generally accepted accounting principles;
(c) Evaluated the effectiveness of the registrant's disclosure controls
and procedures and presented in this report our conclusions about the
effectiveness of the disclosure controls and procedures, as of the
end of the period covered by this report based on such evaluation; and
(d) Disclosed in this report any change in the registrant's internal control
over financial reporting that occurred during the registrant's most recent
fiscal quarter (the registrant's fourth fiscal quarter in the case of an
annual report) that has materially affected, or is reasonably likely to
materially affect, the registrant's internal control over financial reporting;
5. I have disclosed, based on our most recent evaluation of internal control
over financial reporting, to the registrant's auditors and the audit committee
of the registrant's board of directors (or persons performing the equivalent
functions):
(a) All significant deficiencies and material weaknesses in the design or
operation of internal control over financial reporting which are reasonably
likely to adversely affect the registrant's ability to record,
process, summarize and report financial information; and
 (b) Any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrant's internal control
over financial reporting.

THE EVEREST FUND, L.P.

Date: April 4, 2018   By: Everest Asset Management, Inc.,its General Partner

By: /s/ Peter Lamoureux
Peter Lamoureux
Director, President, and Treasurer

EX-32

EXHIBIT 32

CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER AND PRINCIPAL FINANCIAL
OFFICER PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Report (as defined under the preceding
Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002),

 I, Peter Lamoureux, President of Everest Asset Management, Inc. , the
general partner of the Everest Fund, L.P. (the "Fund"), certify, pursuant
to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the
Sarbanes-Oxley Act of 2002, that:

     (1)  The Report fully complies with the requirements of Section 13(a)
 or 15(d) of the Securities Exchange Act of 1934; and

     (2)  The information contained in the Report fairly presents, in all
material respects, the financial condition and results of operations of
the Fund.

By: /s/ Peter Lamoureux


Name: Peter Lamoureux
Title: Director, President and Treasurer
Date: April 4, 2018

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Document and Entity Information	12 Months Ended
	Dec. 31, 2017 USD ($) shares
Document And Entity Information
Entity Registrant Name	EVEREST FUND L P
Entity Central Index Key	0000837919
Document Type	10-K
Document Period End Date	Dec. 31, 2017
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float | $	$ 3,450,393
Entity Common Stock, Shares Outstanding | shares	0
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2017

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Statements of Financial Condition - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Equity in broker trading accounts:
Cash	$ 2,663,408	$ 2,445,752
Restricted cash	602,280	603,477
Net unrealized gain on open futures contracts	237,641	109,089
Total cash & equity in broker trading accounts	3,503,329	4,058,318
Other assets:
Cash	9,632	18,714
Other	2,633	1,171
Total Assets	3,515,594	4,078,203
LIABILITIES
Redemptions payable	0	55,511
Management fee payable - General Partner	15,107	18,426
Management fee payable - Advisor	5,760	6,700
Accrued expenses	44,335	40,418
Total Liabilities	65,201	121,055
PARTNERS' CAPITAL
Class A units: 2,137.27 and 2,211.96 units outstanding, respectively	3,450,393	3,957,148
Total Liabilities and Partners’ Capital	$ 3,515,594	$ 4,078,203

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Statements of Financial Condition (Parenthetical) - shares	Dec. 31, 2017	Dec. 31, 2016
PARTNERS’ CAPITAL
Limited Partners Class A, units outstanding	2,137.27	2,211.96

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Condensed Schedule of Investments	Dec. 31, 2017 USD ($) Contract	Dec. 31, 2016 USD ($) Contract
Unrealized Gain (Loss)	$ 237,641	$ 109,089
Percent of Partners' Capital	6.89%	2.77%
LONG
Unrealized Gain (Loss)	$ 202,189	$ 31,019
Percent of Partners' Capital	5.86%	0.79%
SHORT
Unrealized Gain (Loss)	$ 35,452	$ 78,070
Percent of Partners' Capital	1.02%	1.98%
Futures contracts | LONG | Interest rates
Number of contracts | Contract	118	130
Unrealized Gain (Loss)	$ 15,230	$ 5,868
Percent of Partners' Capital	(0.44%)	0.15%
Futures contracts | LONG | Metals
Number of contracts | Contract	17	23
Unrealized Gain (Loss)	$ 56,308	$ (36,953)
Percent of Partners' Capital	1.63%	(0.93%)
Futures contracts | LONG | Energy
Number of contracts | Contract	22	13
Unrealized Gain (Loss)	$ 62,427	$ 18,357
Percent of Partners' Capital	1.81%	0.46%
Futures contracts | LONG | Agriculture
Number of contracts | Contract	18	41
Unrealized Gain (Loss)	$ 21,620	$ (15,821)
Percent of Partners' Capital	0.63%	(0.40%)
Futures contracts | LONG | Currencies
Number of contracts | Contract	25	2
Unrealized Gain (Loss)	$ 21,173	$ (5,190)
Percent of Partners' Capital	0.61%	(0.13%)
Futures contracts | LONG | Indices
Number of contracts | Contract	31	50
Unrealized Gain (Loss)	$ 55,891	$ 64,758
Percent of Partners' Capital	1.62%	1.64%
Futures contracts | SHORT | Interest rates
Number of contracts | Contract	96	101
Unrealized Gain (Loss)	$ (6,549)	$ (3,256)
Percent of Partners' Capital	(0.19%)	(0.08%)
Futures contracts | SHORT | Metals
Number of contracts | Contract	4	17
Unrealized Gain (Loss)	$ (2,320)	$ 37,786
Percent of Partners' Capital	(0.07%)	0.95%
Futures contracts | SHORT | Energy
Number of contracts | Contract	5
Unrealized Gain (Loss)	$ 3,350
Percent of Partners' Capital	0.10%
Futures contracts | SHORT | Agriculture
Number of contracts | Contract	90	31
Unrealized Gain (Loss)	$ 8,308	$ 30,423
Percent of Partners' Capital	0.24%	0.77%
Futures contracts | SHORT | Currencies
Number of contracts | Contract	89	73
Unrealized Gain (Loss)	$ 20,845	$ 18,818
Percent of Partners' Capital	0.60%	0.48%
Futures contracts | SHORT | Indices
Number of contracts | Contract	11	2
Unrealized Gain (Loss)	$ 11,818	$ (5,701)
Percent of Partners' Capital	0.34%	(0.14%)

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Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Trading loss:
Net realized loss	$ (143,951)	$ (467,104)
Net change in unrealized gain (loss)	138,092	(51,507)
Brokerage commissions and exchange fees	(26,668)	(29,683)
Net trading loss	(32,527)	(548,294)
Investment income (loss):
Interest income	24,366	9,833
Expenses:
Management fee - General Partner	(193,306)	(270,314)
Management fee - Advisor	(72,802)	(98,490)
Professional fees and other	(112,040)	(96,646)
Total expenses	(378,148)	(465,450)
Net investment loss	(353,782)	(455,617)
Net loss	$ (386,309)	$ (1,003,911)

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Statement of Changes in Partners' Capital	Limited Partners USD ($) $ / shares shares
Beginning Partners’ Capital, Unit at Dec. 31, 2015 | shares	2,491.81
Beginning Partners’ Capital, Amount at Dec. 31, 2015	$ 5,629,264
Partners’ Capital Per Unit, Beginning at Dec. 31, 2015 | $ / shares	$ 2,259.11
Redemptions, Unit | shares	(279.85)
Redemptions, Amount	$ (668,205)
Net Loss	$ (1,003,911)
Ending Partners’ Capital, Unit at Dec. 31, 2016 | shares	2,211.96
Ending Partners’ Capital, Amount at Dec. 31, 2016	$ 3,957,148
Partners’ Capital Per Unit, Ending at Dec. 31, 2016 | $ / shares	$ 1,788.98
Redemptions, Unit | shares	(74.69)
Redemptions, Amount	$ (120,446)
Net Loss	$ (386,309)
Ending Partners’ Capital, Unit at Dec. 31, 2017 | shares	2,137.27
Ending Partners’ Capital, Amount at Dec. 31, 2017	$ 3,450,393
Partners’ Capital Per Unit, Ending at Dec. 31, 2017 | $ / shares	$ 1,614.39

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Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Cash flows from (for) operating activities
Net loss	$ (386,309)	$ (1,003,911)
Net changes to reconcile net loss to net cash (used) by operating activities:
Unrealized gain (loss) on open contracts	(128,552)	48,496
Interest receivable	(1,462)	(710)
General partner fees payable	(3,319)	(6,509)
Redemptions payable	(55,512)	47,302
Management fees payable	(939)	(2,801)
Accounts payable & accrued expenses	3,916	(2,180)
Net cash (used) by operating activities	(572,177)	(920,313)
Cash flows from (for) financing activities:
Partner additions, net of offering costs	0	0
Redemptions paid	(120,446)	(668,205)
Net cash (used) by financing activities	(120,446)	(668,205)
Net change in cash & cash equivalent position	(692,623)	(1,588,518)
Cash & investments in marketable securities at January 1st	3,967,943	5,556,461
Cash & investments in marketable securities at December 31st	3,275,320	3,967,943
Cash & investment in marketable securities consist of:
Cash at banks	9,632	18,714
Cash in broker trading accounts	3,265,688	3,949,229
Total cash & marketable securities	$ 3,275,320	$ 3,967,943

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1. Nature of Business and Significant Accounting Policies

12 Months Ended

Dec. 31, 2017

Accounting Policies [Abstract]

Nature of Business and Significant Accounting Policies

Nature of Operations

The Everest Fund, L.P. (the “Partnership”) was organized in June 1988 pursuant to the Iowa Uniform Limited Partnership Act for the purpose of engaging in the speculative trading of futures and forward contracts for commodities, financial instruments, stock indexes and currencies, any rights pertaining thereto and any options thereon or on physical commodities. As part of its objective, the Partnership may also engage in hedge, arbitrage and cash trading of commodities and futures. The Partnership may engage in the foregoing business directly, through investing in other funds and Partnerships and through investing in subsidiary limited partnerships or other limited liability entities. The Partnership clears all of its trades through one clearing broker, RJ O’Brien (the “Clearing Broker”). The Partnership will terminate on December 31, 2020, or upon the occurrence of certain events, as specified in the seventh amended and restated agreement of limited partnership (the “Agreement”).

The sole General Partner of the Partnership is Everest Asset Management, Inc. (the “General Partner”). All management and investment decisions are vested in the General Partner. The General Partner is registered with the United States Commodity Futures Trading Commission (CFTC) as a Commodity Pool Operator (“CPO”) and a Commodity Trading Advisor (“CTA”) and is a member of the United States National Futures Association (NFA). The General Partner acts as the Partnership’s sole CPO, and an unrelated party EMC Capital Advisors, LLC (the “Advisor”), acts as the Partnership’s sole CTA, to whom the General Partner has delegated complete trading authority.

On July 1, 1995, the Partnership recommenced its offering under a Regulation D, Rule 506 private placement. The private placement offering is continuing at a gross subscription price per unit equal to net asset value (“NAV”) per unit, plus an organization and offering cost reimbursement fee payable to the General Partner, and an ongoing compensation fee equal to 3% of NAV of Class A Units sold. The Class A Units (retail shares) continue to be charged an initial 1% offering and organization fee as a reduction to capital.

A summary of the Partnership’s significant accounting polices follows.

Basis of Accounting

The Partnership follows accounting principles generally accepted in the United States (“U.S. GAAP”), as established by the Financial Accounting Standards Board (the “FASB”), to ensure consistent reporting of financial condition and results of operations.

In accordance with FASB Accounting Standards Codification (“ASC”) Topic 946, Financial Services – Investment Companies, management has determined that it is an investment company, as defined for accounting purposes, and has applied such guidance.

Use of Estimates

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Cash

Cash in broker trading accounts is on deposit at the Clearing Broker. The Partnership at times maintains deposits with financial institutions in amounts that are in excess of federally insured limits; however, the Partnership does not believe it is exposed to any significant credit risk. Margin requirements are satisfied by the deposit of cash with such broker.

Restricted Cash

Amounts due from broker may be restricted to the extent they serve as deposits for investments sold, not yet purchased and to satisfy margin requirements. At December 31, 2017 and 2016, the amount of restricted cash held by the Partnership for margin requirements was $602,280 and $603,477, respectively.

Valuation of Investments

Investments consist of open futures contracts. Open futures contracts are reflected in the accompanying statements of financial condition at fair value. The fair value of open futures positions is based upon daily exchange settlement prices.

Offsetting of Amounts Related to Certain Contracts

When the requirements are met, the Partnership offsets certain fair value amounts recognized for cash collateral receivables or payables against fair value amounts recognized for net derivative positions executed with the same counterparty under the same master netting arrangement.

Income Recognition on Investments

Income on futures contracts is recorded on a trade date basis. Gains (losses) are realized when contracts are liquidated. Unrealized gains (losses) on open futures contracts are calculated based on the size of a given contract and the difference between the open futures contract closing price and the price at which the contract was initially purchased or sold. Any change in net unrealized gain or loss from the preceding period is reported in the statements of operations. Fair value of exchange-traded contracts is based upon exchange settlement prices. Fair value of non-exchange-traded contracts, if any, is based on third party quoted dealer values on the Inter-bank market.

Interest income is recognized on an accrual basis.

Brokerage Commissions

Brokerage commissions and exchange fees are reflected separately in the statements of operations.

Foreign Currency

The Partnership has certain investments denominated in foreign currencies. The purchase and sale of investments and income and expenses are translated at the rates of exchange prevailing on the respective dates of such transactions.

The Partnership does not isolate that portion of the results of operations resulting from changes in foreign exchange rates on investments from the fluctuations arising from changes in market prices of positions held. Such fluctuations are included with the net realized and unrealized gain or loss on such investments.

Redemptions Payable

Redemptions approved by the General Partner prior to month end with a fixed effective date and fixed amount are recorded as redemptions payable as of month end.

Income Taxes

The Partnership is not subject to federal income taxes, because its income and losses are includable in the tax returns of its partners. The Partnership may be required to file returns and pay tax in various state and local jurisdictions as a result of its operations or the residency of its partners.

The Partnership assesses the potential outcome of uncertain tax positions. As of December 31, 2017, management believes the Partnership has no material uncertain tax positions requiring recognition or measurement. The federal and state income tax returns for tax years according to federal and state statutes remain open to examination by taxing authorities through their statutory periods.

Statement of Cash Flows

The Partnership has elected to provide a statement of cash flows even though it’s permitted by U.S. GAAP not to include, as all of the following conditions have been met:

a. During the year, substantially all of the Partnership’s investments were classified as Level 1 instruments within the fair value hierarchy;

b. Substantially all of the Partnership’s investments are carried at fair value;

c. The Partnership had little or no debt during the year; and

d. The Partnership’s financial statements include a statement of changes in partners’ capital (net assets).

Subsequent Events

The Partnership has evaluated subsequent events for potential recognition and/or disclosure through March 31, 2018, the date the financial statements were issued.

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2. Fair Value of Financial Instruments

12 Months Ended

Dec. 31, 2017

Fair Value Disclosures [Abstract]

Fair Value of Financial Instruments

The Partnership records its investments at fair value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.  The Partnership utilizes valuation techniques to maximize the use of observable inputs and minimize the use of unobservable inputs. Inputs are broadly defined as assumptions market participants would use in pricing an asset or liability. Assets and liabilities recorded at fair value are categorized within the fair value hierarchy based upon the level of judgment associated with the inputs used to measure their value. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3).   The three levels of the fair value hierarchy are described below:

Level 1.  Unadjusted quoted prices in active markets for identical assets or liabilities that the Partnership has the ability to access at the measurement date.

Level 2.  Inputs other than quoted prices within Level 1 that are observable for the asset or liability, either directly or indirectly; and fair value is determined through the use of models or other valuation methodologies.

Level 3.  Inputs are unobservable for the asset or liability and include situations where there is little, if any, market activity for the asset or liability.

In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, an investment’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The Partnership’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the investment.

The Partnership assesses the levels of the investments at each measurement date, and transfers between levels are recognized on the actual date of the event or change in circumstances that caused the transfer in accordance with the Partnership’s accounting policy regarding the recognition of transfers between levels of the fair value hierarchy. For the years ended December 31, 2017 and 2016, there were no such transfers.

Exchange-traded futures contracts are typically categorized within Level 1 or Level 2 of the fair value hierarchy depending on whether or not they are deemed to be actively traded. Futures contracts that are not actively traded are valued based on quoted prices in markets or by reference to broker or dealer quotations and are generally classified within Level 2 of the fair value hierarchy. All financial instruments listed in the condensed schedules of investments as of December 31, 2017 and 2016 are considered Level 1, measured at fair value on a recurring basis based on quoted prices for identical assets in active markets.

Substantially all of the Partnership’s assets and liabilities are considered financial instruments, and are either already reflected at fair value or are short-term or replaceable on demand. Therefore, their carrying amounts approximate their fair values.

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3. Derivative Transactions

12 Months Ended

Dec. 31, 2017

Derivative Assets (Liabilities), at Fair Value, Net, by Balance Sheet Classification [Abstract]

Derivative Transactions

The following table identifies the fair value amounts of derivative contracts by type of risk as of December 31, 2017:

	Asset			Liability						Number of
Risk Type	Derivatives			Derivatives			Net			Contracts
Agricultural	$	21,620		$	8,308		$	29,928			108
Currencies		21,173			20,845			42,018			114
Energy		62,427			3,350			65,777			27
Indicies		55,891			11,818			67,709			42
Interest rate		(15,231	)		(6,549	)		(21,780	)		214
Metals		56,309			(2,320	)		53,989			21
	$	202,189		$	35,452		$	237,641			526

The following table identifies the fair value amounts of derivative contracts by type of risk as of December 31, 2016:

	Asset			Liability					Number of
Risk Type	Derivatives			Derivatives			Net		Contracts
Agricultural	$	(15,821	)	$	30,423		$	14,602		72
Currencies		(5,190	)		18,818			13,628		75
Energy		18,357			—			18,357		13
Indicies		64,758			(5,701	)		59,057		52
Interest rate		5,868			(3,256	)		2,612		231
Metals		(36,953	)		37,786			833		40
	$	31,019		$	78,070		$	109,089		483

All of the Partnership’s trading during 2017 and 2016 involved derivative financial instruments.

The Partnership does not consider any derivative instruments to be hedging instruments, as those terms are generally understood under U.S. GAAP.

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4. Offsetting Assets and Liabilities

12 Months Ended

Dec. 31, 2017

Offsetting Assets And Liabilities

Offsetting Assets and Liabilities

As of December 31, 2017 and 2016, the Partnership holds derivative instruments that are eligible for offset in the statements of financial condition and are subject to master netting arrangements. Master netting arrangements allow the counterparty to net applicable collateral held on behalf of the Partnership against applicable liabilities or payment obligations of the Partnership to the counterparty. These arrangements also allow the counterparty to net any of its applicable liabilities or payment obligations it has to the Partnership against any collateral sent to the Partnership.

The following tables provide disclosure regarding the potential effect of offsetting of recognized assets presented in the statements of financial condition. 

Offsetting of Derivative Assets
December 31, 2017:						Net Amounts of
			Gross Amounts			Unrealized Gain
	Gross		Offset in the			Presented in the
	Amounts of		Statements of			the Statements of
	Recognized		Financial			Financial
Description	Assets		Condition			Condition
Futures contracts	$	261,741	$	(24,100	)	$	237,641
December 31, 2016:						Net Amounts of
			Gross Amounts			Unrealized Gain
	Gross		Offset in the			Presented in the
	Amounts of		Statements of			the Statements of
	Recognized		Financial			Financial
Description	Assets		Condition			Condition
Futures contracts	$	176,010	$	(66,921	)	$	109,089

Derivative Assets and Collateral Received by Counterparty
December 31, 2017:
	Net Amounts of Unrealized Gain		Gross Amounts Not Offset in the Statements of Financial Condition
	Presented in the
	Statements of				Cash
	Financial		Financial		Collateral
Counterparty	Condition		Instruments		Received		Net Amount
R.J. O’Brien	$	237,641	$	—	$	—	$	237,641
December 31, 2016:
	Net Amounts of Unrealized Gain		Gross Amounts Not Offset in the Statements of Financial Condition
	Presented in the
	Statements of				Cash
	Financial		Financial		Collateral
Counterparty	Condition		Instruments		Received		Net Amount
R.J. O’Brien	$	109,089	$	—	$	—	$	109,089

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5. Limited Partnership Agreement

12 Months Ended

Dec. 31, 2017

Limited Partnership Agreement

Limited Partnership Agreement

Pursuant to the terms of the seventh amended and restated agreement of limited partnership (the “Agreement”), dated and effective as of May 1, 2004, net income and losses are allocated to the partners in accordance with each partner’s ownership percentage.

Generally, a limited partner may withdraw all or a portion of its capital only as of the close of business on the last day of a fiscal month, provided they have given at least 15 days’ prior written notice, although the General Partner may in its sole discretion accept at other times.

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6. Fees and Related-Party Transactions

12 Months Ended

Dec. 31, 2017

Related Party Transactions [Abstract]

Fees and Related-Party Transactions

Pursuant to a speculative managed account agreement dated November 19, 2012, the Partnership switched to its current Advisor, to whom it shall pay a quarterly management fee of 0.50% of each limited partner’s capital balance as of the end of each calendar quarter (2.0% per annum) and a quarterly incentive fee equal to 20% of trading profits, as defined. No incentive fee was earned during 2017 and 2016 because no limited partner capital account balances have reached a new high water mark.

The General Partner charges the Partnership a monthly management fee equal to 0.50% (6.0% annually) of the Partnership’s Class A beginning-of-month NAV.

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7. Deposits with Brokers

12 Months Ended

Dec. 31, 2017

Brokers and Dealers [Abstract]

Deposits with Brokers

The Partnership deposits cash with the Clearing Broker subject to CFTC regulations and various exchange and broker requirements. Margin requirements are satisfied by the deposit of cash with such broker. The Partnership earns interest income on its cash deposited with the Clearing Broker.

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8. Indemnifications

12 Months Ended

Dec. 31, 2017

Indemnifications

Indemnifications

In the normal course of business, the Partnership enters into contracts that contain a variety of representations and warranties that provide indemnifications under certain circumstances. The Partnership’s maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Partnership that have not yet occurred. The Partnership expects the risk of future obligation under these indemnifications to be remote.

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9. Financial Instruments with Off-Balance-Sheet Risk

12 Months Ended

Dec. 31, 2017

Financial Instruments With Off-balance-sheet Risk

Financial Instruments with Off-Balance-Sheet Risk

In connection with its trading activities, the Partnership enters into transactions with a variety of derivative financial instruments, including exchange-traded futures contracts. These derivative financial instruments may have market and/or credit risk in excess of the amounts recorded in the statements of financial condition.

Market Risk: Market risk arises primarily from changes in the market value of financial instruments. Theoretically, the Partnership’s exposure is equal to the notional value of contracts purchased and unlimited on such contracts sold short.

Exposure to market risk is influenced by a number of factors, including the relationships between financial instruments, and the volatility and liquidity in the markets in which the financial instruments are traded. In many cases, the use of financial instruments serves to modify or offset market risk associated with other transactions and, accordingly, serves to decrease the Partnership’s overall exposure to market risk. The Partnership attempts to control its exposure to market risk through various analytical monitoring techniques.

Credit Risk: Credit risk arises primarily from the potential inability of counterparties to perform in accordance with the terms of a contract. The Partnership’s exposure to credit risk associated with counterparty nonperformance is limited to the current cost to replace all contracts in which the Partnership has a gain. Exchange-traded financial instruments generally do not give rise to significant counterparty exposure due to the cash settlement procedures for daily market movements and the margin requirements of individual exchanges.

Concentrations of Credit Risk: The Partnership is engaged in various trading and brokerage activities in which counterparties primarily include broker-dealers, banks, and other financial institutions. In the event counterparties do not fulfill their obligations, the Partnership may be exposed to risk. The risk of default depends on the creditworthiness of the counterparty or issuer of the instrument. It is the Partnership’s policy to review, as necessary, the credit standing of each counterparty.

The General Partner has established procedures to actively monitor market risk and minimize credit risk, although there can be no assurance that it will, in fact, succeed in doing so. The partners bear the risk of loss only to the extent of the market value of their respective investments.

Futures Risk: The Partnership is subject to equity price risk, interest rate risk, and foreign currency exchange rate risk in the normal course of pursuing its investment objectives. The Partnership may use futures contracts to gain exposure to, or hedge against changes in the value of equities, interest rates or foreign currencies. A futures contract represents a commitment for the future purchase or sale of an asset at a specified price on a specified date. Upon entering into such contracts, the Partnership is required to deposit with the broker either in cash or securities an initial margin in an amount equal to a certain percentage of the contract amount. Subsequent payments (variation margin) are made or received by the Partnership each day, depending on the daily fluctuations in the value of the contract, and are recorded for financial statement purposes as amounts due to or from the broker; fluctuations in the value of the contract are recorded for financial statement purposes as unrealized gains or losses by the Partnership. Upon entering into such contracts, the Partnership bears the risk of interest or exchange rates or securities prices moving unexpectedly, in which case the Partnership may not achieve the anticipated benefits of the futures contracts and may realize a loss. With futures, there is minimal counterparty credit risk to the Partnership since futures are exchange traded and the exchange’s clearinghouse, as counterparty to all exchange traded futures, guarantees the settlement of futures against default.

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10. Financial Highlights

12 Months Ended

Dec. 31, 2017

Financial Highlights

Financial Highlights

The following information presents per unit operating performance data and other supplemental financial data for the Partnership’s Class A units for the years ended December 31, 2017 and 2016:

	2017			2016
Per unit operating performance:
(for a unit outstanding throughout the entire year)
Net asset value per unit at beginning of year	$	1,788.98		$	2,259.10
Net loss from investment operations:
Net realized and unrealized loss on investments		(14.70	)		(40.02	)
Net investment loss		(159.89	)		(430.10	)
Total net loss from investment operations		(174.59	)		(470.12	)
Net asset value per unit at end of year	$	1,614.39		$	1,788.98
Total return		(9.76	)%		(20.81	)%
Ratios as a percentage of average partners’ capital:
Expenses		10.36	%		9.46	%
Net investment loss*		(9.69	)%		(9.26	)%

*Net investment loss excludes net realized and change in unrealized gain on investments and the related brokerage commissions and exchange fees.

The above ratios have been calculated based upon the unaffiliated average Class A limited partners’ capital for the years ended December 31, 2017 and 2016. Total return is calculated based on the change in value of a unit during the period outstanding. An individual partner’s total return and ratios may vary from the above total return and ratios based on the timing of capital (or unit) transactions.

These financial highlights may not be indicative of the future performance of the Partnership.

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1. Nature of Business and Significant Accounting Policies (Policies)

12 Months Ended

Dec. 31, 2017

Accounting Policies [Abstract]

Basis of Accounting

The Partnership follows accounting principles generally accepted in the United States (“U.S. GAAP”), as established by the Financial Accounting Standards Board (the “FASB”), to ensure consistent reporting of financial condition and results of operations.

In accordance with FASB Accounting Standards Codification (“ASC”) Topic 946, Financial Services – Investment Companies, management has determined that it is an investment company, as defined for accounting purposes, and has applied such guidance.

Use of Estimates

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Cash

Cash in broker trading accounts is on deposit at the Clearing Broker. The Partnership at times maintains deposits with financial institutions in amounts that are in excess of federally insured limits; however, the Partnership does not believe it is exposed to any significant credit risk. Margin requirements are satisfied by the deposit of cash with such broker.

Restricted Cash

Amounts due from broker may be restricted to the extent they serve as deposits for investments sold, not yet purchased and to satisfy margin requirements. At December 31, 2017 and 2016, the amount of restricted cash held by the Partnership for margin requirements was $602,280 and $603,477, respectively.

Valuation of Investments

Investments consist of open futures contracts. Open futures contracts are reflected in the accompanying statements of financial condition at fair value. The fair value of open futures positions is based upon daily exchange settlement prices.

Offsetting of Amounts Related to Certain Contracts

When the requirements are met, the Partnership offsets certain fair value amounts recognized for cash collateral receivables or payables against fair value amounts recognized for net derivative positions executed with the same counterparty under the same master netting arrangement.

Income Recognition on Investments

Income on futures contracts is recorded on a trade date basis. Gains (losses) are realized when contracts are liquidated. Unrealized gains (losses) on open futures contracts are calculated based on the size of a given contract and the difference between the open futures contract closing price and the price at which the contract was initially purchased or sold. Any change in net unrealized gain or loss from the preceding period is reported in the statements of operations. Fair value of exchange-traded contracts is based upon exchange settlement prices. Fair value of non-exchange-traded contracts, if any, is based on third party quoted dealer values on the Inter-bank market.

Interest income is recognized on an accrual basis.

Brokerage Commissions

Brokerage commissions and exchange fees are reflected separately in the statements of operations.

Foreign Currency

The Partnership has certain investments denominated in foreign currencies. The purchase and sale of investments and income and expenses are translated at the rates of exchange prevailing on the respective dates of such transactions.

The Partnership does not isolate that portion of the results of operations resulting from changes in foreign exchange rates on investments from the fluctuations arising from changes in market prices of positions held. Such fluctuations are included with the net realized and unrealized gain or loss on such investments.

Redemptions Payable

Redemptions approved by the General Partner prior to month end with a fixed effective date and fixed amount are recorded as redemptions payable as of month end.

Income Taxes

The Partnership is not subject to federal income taxes, because its income and losses are includable in the tax returns of its partners. The Partnership may be required to file returns and pay tax in various state and local jurisdictions as a result of its operations or the residency of its partners.

The Partnership assesses the potential outcome of uncertain tax positions. As of December 31, 2017, management believes the Partnership has no material uncertain tax positions requiring recognition or measurement. The federal and state income tax returns for tax years according to federal and state statutes remain open to examination by taxing authorities through their statutory periods.

Statement of Cash Flows

The Partnership has elected to provide a statement of cash flows even though it’s permitted by U.S. GAAP not to include, as all of the following conditions have been met:

a. During the year, substantially all of the Partnership’s investments were classified as Level 1 instruments within the fair value hierarchy;

b. Substantially all of the Partnership’s investments are carried at fair value;

c. The Partnership had little or no debt during the year; and

d. The Partnership’s financial statements include a statement of changes in partners’ capital (net assets).

Subsequent Events

The Partnership has evaluated subsequent events for potential recognition and/or disclosure through March 31, 2018, the date the financial statements were issued.

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3. Derivative Transactions (Tables)

12 Months Ended

Dec. 31, 2017

Derivative Assets (Liabilities), at Fair Value, Net, by Balance Sheet Classification [Abstract]

Fair value amounts of derivative contracts

The following table identifies the fair value amounts of derivative contracts by type of risk as of December 31, 2017:

	Asset			Liability						Number of
Risk Type	Derivatives			Derivatives			Net			Contracts
Agricultural	$	21,620		$	8,308		$	29,928			108
Currencies		21,173			20,845			42,018			114
Energy		62,427			3,350			65,777			27
Indicies		55,891			11,818			67,709			42
Interest rate		(15,231	)		(6,549	)		(21,780	)		214
Metals		56,309			(2,320	)		53,989			21
	$	202,189		$	35,452		$	237,641			526

The following table identifies the fair value amounts of derivative contracts by type of risk as of December 31, 2016:

	Asset			Liability					Number of
Risk Type	Derivatives			Derivatives			Net		Contracts
Agricultural	$	(15,821	)	$	30,423		$	14,602		72
Currencies		(5,190	)		18,818			13,628		75
Energy		18,357			—			18,357		13
Indicies		64,758			(5,701	)		59,057		52
Interest rate		5,868			(3,256	)		2,612		231
Metals		(36,953	)		37,786			833		40
	$	31,019		$	78,070		$	109,089		483

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4. Offsetting Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2017

Offsetting Assets And Liabilities Tables

Offsetting of derivative assets

Offsetting of Derivative Assets
December 31, 2017:						Net Amounts of
			Gross Amounts			Unrealized Gain
	Gross		Offset in the			Presented in the
	Amounts of		Statements of			the Statements of
	Recognized		Financial			Financial
Description	Assets		Condition			Condition
Futures contracts	$	261,741	$	(24,100	)	$	237,641
December 31, 2016:						Net Amounts of
			Gross Amounts			Unrealized Gain
	Gross		Offset in the			Presented in the
	Amounts of		Statements of			the Statements of
	Recognized		Financial			Financial
Description	Assets		Condition			Condition
Futures contracts	$	176,010	$	(66,921	)	$	109,089

Derivative assets and collateral received by counterparty

Derivative Assets and Collateral Received by Counterparty
December 31, 2017:
	Net Amounts of Unrealized Gain		Gross Amounts Not Offset in the Statements of Financial Condition
	Presented in the
	Statements of				Cash
	Financial		Financial		Collateral
Counterparty	Condition		Instruments		Received		Net Amount
R.J. O’Brien	$	237,641	$	—	$	—	$	237,641
December 31, 2016:
	Net Amounts of Unrealized Gain		Gross Amounts Not Offset in the Statements of Financial Condition
	Presented in the
	Statements of				Cash
	Financial		Financial		Collateral
Counterparty	Condition		Instruments		Received		Net Amount
R.J. O’Brien	$	109,089	$	—	$	—	$	109,089

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10. Financial Highlights (Tables)

12 Months Ended

Dec. 31, 2017

Financial Highlights Tables

Return summary

	2017			2016
Per unit operating performance:
(for a unit outstanding throughout the entire year)
Net asset value per unit at beginning of year	$	1,788.98		$	2,259.10
Net loss from investment operations:
Net realized and unrealized loss on investments		(14.70	)		(40.02	)
Net investment loss		(159.89	)		(430.10	)
Total net loss from investment operations		(174.59	)		(470.12	)
Net asset value per unit at end of year	$	1,614.39		$	1,788.98
Total return		(9.76	)%		(20.81	)%
Ratios as a percentage of average partners’ capital:
Expenses		10.36	%		9.46	%
Net investment loss*		(9.69	)%		(9.26	)%

*Net investment loss excludes net realized and change in unrealized gain on investments and the related brokerage commissions and exchange fees.

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1. Nature of Business and Significant Accounting Policies (Details Narrative) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Accounting Policies [Abstract]
Restricted cash	$ 602,280	$ 603,477

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3. Derivative Transactions (Details)	Dec. 31, 2017 USD ($) Contract	Dec. 31, 2016 USD ($) Contract
Asset Derivatives	$ 202,189	$ 31,019
Liability Derivatives	35,452	78,070
Net	$ 237,641	$ 109,089
Number of Contracts | Contract	526	483
Agriculture
Asset Derivatives	$ 21,620	$ (15,821)
Liability Derivatives	8,308	30,423
Net	$ 29,928	$ 14,602
Number of Contracts | Contract	108	72
Currencies
Asset Derivatives	$ 21,173	$ (5,190)
Liability Derivatives	20,845	18,818
Net	$ 42,018	$ 13,628
Number of Contracts | Contract	114	75
Energy
Asset Derivatives	$ 62,427	$ 18,357
Liability Derivatives	3,350	0
Net	$ 65,777	$ 18,357
Number of Contracts | Contract	27	13
Indices
Asset Derivatives	$ 55,891	$ 64,758
Liability Derivatives	11,818	(5,701)
Net	$ 67,709	$ 59,057
Number of Contracts | Contract	42	52
Interest rates
Asset Derivatives	$ (15,231)	$ 5,868
Liability Derivatives	(6,549)	(3,256)
Net	$ (21,780)	$ 2,612
Number of Contracts | Contract	214	231
Metals
Asset Derivatives	$ 56,309	$ (36,953)
Liability Derivatives	(2,320)	37,786
Net	$ 53,989	$ 833
Number of Contracts | Contract	21	40

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4. Offsetting Assets and Liabilities (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Net Amounts of Unrealized Gain Presented in the Statements of Financial Condition	$ 237,641	$ 109,089
Futures Contracts
Gross Amounts of Recognized Assets	261,741	176,010
Gross Amounts Offset in the Statements of Financial Condition	(24,100)	(66,921)
Net Amounts of Unrealized Gain Presented in the Statements of Financial Condition	$ 237,641	$ 109,089

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4. Offsetting Assets and Liabilities (Details 1) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Net Amounts of Unrealized Gain Presented in the Statements of Financial Position	$ 237,641	$ 109,089
R.J. O’Brien
Net Amounts of Unrealized Gain Presented in the Statements of Financial Position	237,641	109,089
Financial Instruments, Gross Amounts Not Offset in the Statements of Financial Condition	0	0
Cash Collateral Received, Gross Amounts Not Offset in the Statements of Financial Condition	0	0
Net Amount	$ 237,641	$ 109,089

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10. Financial Highlights (Details) - Class A - $ / shares		12 Months Ended
		Dec. 31, 2017	Dec. 31, 2016
Net asset value per unit at beginning of year		$ 1,788.98	$ 2,259.10
Net realized and unrealized loss on investments		(14.70)	(40.02)
Net investment loss		(159.89)	(430.10)
Total net loss from investment operations		(174.59)	(470.12)
Net asset value per unit at end of year		$ 1,614.39	$ 1,788.98
Total return		(9.76%)	(20.81%)
Ratios as a percentage of average partners’ capital:
Expenses		10.36%	9.46%
Net investment loss	[1]	(9.69%)	(9.26%)

[1] Net investment loss excludes net realized and change in unrealized gain on investments and the related brokerage commissions and exchange fees.