Note 5: Fees

3 Months Ended

Sep. 30, 2011

Note 5: Fees:

Note 5: Fees

5.  Fees
	The Fund charged the following fees:
	The Corporate General Partner is entitled to a fixed annual brokerage commission of 11% of assets on deposit with the FCM for domestic trades plus actual commissions charged by the FCM for trades made on foreign exchanges and forward markets, if any. It receives 4% of the commissions and the Fund pays the introducing broker the remaining 7%.
	A quarterly incentive fee of 25% of "new net profits" is paid to Clarke. There were no incentive fees for the nine months ended September 30, 2011 and 2010.
	The General Partner reserves the right to change the fee structure at its sole discretion.