Statements of Cash Flows (USD $)	3 Months Ended
	Mar. 31, 2012	Mar. 31, 2011
Cash Flows from Operating Activities
Net (decrease) in net assets resulting from operations	$ (330,618)	$ (1,459,292)
Changes in operating assets and liabilities:
Decrease in prepaid expenses	1,963	1,031
Unrealized depreciation on investments	113,890	335,107
Increase (decrease) in accrued commissions payable to related parties	29,853	(13,875)
Increase (decrease) in other accrued liabilities	(7,780)	4,839
Net cash (used in) operating activities	(192,692)	(1,132,190)
Cash Flows from Financing Activities
Partner redemptions	(1,097,505)	(236,124)
Net cash (used in) financing activities	(1,097,505)	(236,124)
Net (decrease) in cash and cash equivalents	(1,290,196)	(1,368,314)
Cash and cash equivalents, beginning of period	5,674,540	10,711,550
Cash and cash equivalents, end of period	4,384,344	9,343,236
End of period cash and cash equivalents consist of:
Cash and cash equivalents at broker	802,987	3,473,676
Treasury bills	2,999,990	4,989,071
Cash and cash equivalents	581,367	880,489
Total cash and cash equivalents	$ 4,384,344	$ 9,343,236