Note 6: Related Party Transactions

9 Months Ended

Sep. 30, 2012

Related Party Disclosures:

Related Party Transactions Disclosure

6.  Related Party Transactions
	The Fund pays commissions to the Corporate General Partner and FIC.  These related parties are 100% and 50%, respectively, owned by Michael Pacult.  Related party commissions were as follows:
	Commissions included in expenses:
		For The Nine Months Ended September 30,
		2012	2011
	Corporate General Partner	$              139,623	$              283,888
	FIC	218,562	446,300
	Total related party commissions	$              358,185	$              730,188
	Accrued commissions payable to related parties:
		September 30,	December 31,
		2012	2011
	Corporate General Partner	$                13,498	$                   4,144
	FIC	10,941	6,425
	Total accrued commissions payable to related parties	$                24,439	$                 10,569
	In the normal course of business, the Fund has provided general indemnifications to the General Partner, its CTA and others when they act, in good faith, in the best interests of the Fund. The Fund is unable to develop an estimate for future payments resulting from hypothetical claims, but expects the risk of having to make any payments under these indemnifications to be remote.