Subsequent Events

12 Months Ended

Dec. 31, 2018

Subsequent Events [Abstract]

Subsequent Events

8. Subsequent Events:

The General Partner evaluates events that occur after the balance sheet date but before and up until financial statements are available to be issued. The General Partner has assessed the subsequent events through the date the financial statements were issued and has determined that, other than disclosed below, there were no subsequent events requiring adjustment to or disclosure in the financial statements.

Effective February 1, 2019, the monthly management fee paid by the Partnership to Graham was reduced to 1/12 of 1.35% (1.35% annual rate) of the Partnership’s net assets allocated to Graham on the first day of each month. Also effective February 1, 2019, the incentive paid by the Partnership to Graham was changed from monthly to annually and reduced to 18% of trading profits.

Effective March 6, 2019, Maureen O’Toole resigned as a director of the General Partner.