Document and Entity Information
Document and Entity Information | 12 Months Ended |
Dec. 31, 2017USD ($)shares | |
Document And Entity Information | |
Entity Registrant Name | Frontier Funds |
Entity Central Index Key | 1,261,379 |
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? | Yes |
Is Entity a Voluntary Filer? | Yes |
Is Entity's Reporting Status Current? | Yes |
Entity Filer Category | Non-accelerated Filer |
Entity Public Float | $ | $ 0 |
Entity Common Stock, Shares Outstanding | shares | 0 |
Document Fiscal Period Focus | FY |
Document Fiscal Year Focus | 2,017 |
Statements of Financial Conditi
Statements of Financial Condition - USD ($) | Dec. 31, 2017 | Dec. 31, 2016 | |
ASSETS | |||
Cash and cash equivalents | $ 2,695,377 | $ 4,747,043 | |
U.S. Treasury securities, at fair value | 10,887,786 | 42,757,604 | |
Receivable from futures commission merchants | 20,584,602 | 32,852,013 | |
Incentive fees receivable | 57,082 | ||
Open trade equity, at fair value | 1,568,414 | 2,146,207 | |
Swap contracts, at fair value | 21,208,838 | 40,189,178 | |
Investments in private investment companies, at fair value | 66,933,235 | 107,717,118 | |
Interest receivable | 214,730 | 798,053 | |
Due from Managing Owner | 31,887 | ||
Receivable from related parties | 58,146 | 87,670 | |
Total Assets | 124,240,097 | 231,294,886 | |
LIABILITIES | |||
Owner redemptions payable | 76,773 | 1,137,772 | |
Incentive fees payable to Managing Owner | 53,036 | ||
Management fees payable to Managing Owner | 90,972 | 433,430 | |
Interest payable to Managing Owner | 26,007 | 63,275 | |
Service fees payable to Managing Owner | 148,445 | 239,520 | |
Trading fees payable to Managing Owner | 334,485 | 523,099 | |
Risk analysis fees payable | 25,576 | 15,673 | |
Payables to related parties | 85,078 | ||
Advance on unrealized Swap Appreciation | 9,441,555 | 9,441,555 | |
Other liabilities | 278,983 | 144,049 | |
Total Liabilities | 10,475,832 | 12,083,451 | |
Managing Owner Units | 1,159,984 | 2,276,211 | |
Limited Owner Units | 112,604,281 | 216,935,224 | |
Total Owners' Capital | 113,764,265 | 219,211,435 | |
Total Capital | 113,764,265 | 219,211,435 | |
Total Liabilities and Capital | 124,240,097 | 231,294,886 | |
Equinox Frontier Diversified Fund [Member] | |||
ASSETS | |||
Cash and cash equivalents | 189,890 | 674,227 | |
U.S. Treasury securities, at fair value | 767,049 | 6,525,280 | |
Incentive fees receivable | |||
Swap contracts, at fair value | 6,376,472 | 8,637,847 | |
Investments in private investment companies, at fair value | 14,501,510 | 38,845,974 | |
Investments in unconsolidated trading companies, at fair value | 2,225,210 | 4,201,628 | |
Interest receivable | 15,127 | 121,792 | |
Receivable from related parties | 231,671 | ||
Other assets | |||
Total Assets | 24,075,258 | 59,238,419 | |
LIABILITIES | |||
Owner redemptions payable | 61,482 | ||
Incentive fees payable to Managing Owner | 12,847 | ||
Management fees payable to Managing Owner | 4,049 | 23,496 | |
Interest payable to Managing Owner | |||
Service fees payable to Managing Owner | 3,614 | 15,193 | |
Trading fees payable to Managing Owner | 61,188 | 147,183 | |
Payables to related parties | |||
Advance on unrealized Swap Appreciation | 2,500,000 | 2,500,000 | |
Other liabilities | 26,873 | 19,674 | |
Total Liabilities | 2,608,571 | 2,767,028 | |
Total Owners' Capital | 21,466,687 | 56,471,391 | |
Non-Controlling Interests | |||
Total Capital | 21,466,687 | 56,471,391 | |
Total Liabilities and Capital | 24,075,258 | 59,238,419 | |
Equinox Frontier Diversified Fund [Member] | Class 1 [Member] | |||
LIABILITIES | |||
Limited Owner Units | $ 2,332,222 | $ 5,189,420 | |
Units Outstanding | 20,035 | 44,569 | |
Net Asset Value per Unit | $ 116.41 | $ 116.43 | |
Equinox Frontier Diversified Fund [Member] | Class 2 [Member] | |||
LIABILITIES | |||
Managing Owner Units | $ 3,361 | $ 460,196 | |
Limited Owner Units | $ 9,629,385 | $ 37,771,385 | |
Units Outstanding | 71,254 | 287,586 | |
Net Asset Value per Unit | $ 135.19 | $ 132.94 | |
Equinox Frontier Diversified Fund [Member] | Class 3 [Member] | |||
LIABILITIES | |||
Managing Owner Units | $ 213,164 | $ 33,899 | |
Limited Owner Units | $ 9,288,555 | $ 13,016,491 | |
Units Outstanding | 75,601 | 105,869 | |
Net Asset Value per Unit | $ 125.68 | $ 123.27 | |
Equinox Frontier Masters Fund [Member] | |||
ASSETS | |||
Cash and cash equivalents | $ 411,695 | $ 546,509 | |
U.S. Treasury securities, at fair value | 1,663,014 | 4,313,843 | |
Incentive fees receivable | |||
Swap contracts, at fair value | |||
Investments in private investment companies, at fair value | 8,407,168 | 5,653,708 | |
Investments in unconsolidated trading companies, at fair value | 1,501,142 | 6,678,106 | |
Interest receivable | 32,798 | 80,516 | |
Receivable from related parties | 153,157 | ||
Other assets | 2,973 | ||
Total Assets | 12,018,790 | 17,425,839 | |
LIABILITIES | |||
Owner redemptions payable | 131,841 | ||
Incentive fees payable to Managing Owner | |||
Management fees payable to Managing Owner | 8,949 | 50,174 | |
Interest payable to Managing Owner | |||
Service fees payable to Managing Owner | 3,570 | 9,037 | |
Trading fees payable to Managing Owner | 49,131 | 57,890 | |
Payables to related parties | |||
Advance on unrealized Swap Appreciation | |||
Other liabilities | 7,590 | ||
Total Liabilities | 61,650 | 256,532 | |
Total Owners' Capital | 11,957,140 | 17,169,307 | |
Non-Controlling Interests | |||
Total Capital | 11,957,140 | 17,169,307 | |
Total Liabilities and Capital | 12,018,790 | 17,425,839 | |
Equinox Frontier Masters Fund [Member] | Class 1 [Member] | |||
LIABILITIES | |||
Limited Owner Units | $ 2,913,542 | $ 5,361,626 | |
Units Outstanding | 25,393 | 47,531 | |
Net Asset Value per Unit | $ 114.74 | $ 112.80 | |
Equinox Frontier Masters Fund [Member] | Class 2 [Member] | |||
LIABILITIES | |||
Managing Owner Units | $ 87,344 | $ 336,691 | |
Limited Owner Units | $ 3,451,256 | $ 5,320,871 | |
Units Outstanding | 26,553 | 43,933 | |
Net Asset Value per Unit | $ 133.27 | $ 128.78 | |
Equinox Frontier Masters Fund [Member] | Class 3 [Member] | |||
LIABILITIES | |||
Managing Owner Units | $ 34,209 | $ 32,970 | |
Limited Owner Units | $ 5,470,789 | $ 6,117,149 | |
Units Outstanding | 44,254 | 51,297 | |
Net Asset Value per Unit | $ 124.40 | $ 119.89 | |
Equinox Frontier Long/Short Commodity Fund [Member] | |||
ASSETS | |||
Cash and cash equivalents | $ 152,200 | ||
U.S. Treasury securities, at fair value | 614,803 | ||
Incentive fees receivable | 57,082 | ||
Swap contracts, at fair value | 397,039 | 4,220,468 | |
Investments in private investment companies, at fair value | 3,018,571 | 6,715,142 | |
Investments in unconsolidated trading companies, at fair value | 121,510 | ||
Interest receivable | 12,125 | ||
Receivable from related parties | 87,670 | ||
Other assets | 5,122 | ||
Total Assets | 4,378,452 | 11,023,280 | |
LIABILITIES | |||
Owner redemptions payable | 5,738 | ||
Incentive fees payable to Managing Owner | |||
Management fees payable to Managing Owner | |||
Interest payable to Managing Owner | 103 | ||
Service fees payable to Managing Owner | 172 | 3,542 | |
Trading fees payable to Managing Owner | 9,125 | 23,478 | |
Payables to related parties | 1,603,124 | ||
Advance on unrealized Swap Appreciation | 115,000 | 115,000 | |
Other liabilities | 6,871 | ||
Total Liabilities | 124,400 | 1,757,753 | |
Total Owners' Capital | 4,254,052 | 9,265,527 | |
Non-Controlling Interests | |||
Total Capital | 4,254,052 | 9,265,527 | |
Total Liabilities and Capital | 4,378,452 | 11,023,280 | |
Equinox Frontier Long/Short Commodity Fund [Member] | Class 2 [Member] | |||
LIABILITIES | |||
Managing Owner Units | 11,999 | 299,889 | |
Limited Owner Units | $ 246,901 | $ 508,474 | |
Units Outstanding | 2,236 | 6,240 | |
Net Asset Value per Unit | $ 115.81 | $ 129.56 | |
Equinox Frontier Long/Short Commodity Fund [Member] | Class 3 [Member] | |||
LIABILITIES | |||
Limited Owner Units | $ 2,472,994 | $ 4,405,863 | |
Units Outstanding | 20,354 | 33,685 | |
Net Asset Value per Unit | $ 121.50 | $ 130.80 | |
Equinox Frontier Long/Short Commodity Fund [Member] | Class 1A [Member] | |||
LIABILITIES | |||
Limited Owner Units | $ 107,619 | $ 1,913,595 | |
Units Outstanding | 1,323 | 20,628 | |
Net Asset Value per Unit | $ 81.35 | $ 92.78 | |
Equinox Frontier Long/Short Commodity Fund [Member] | Class 2A [Member] | |||
LIABILITIES | |||
Managing Owner Units | $ 34,112 | $ 234,742 | |
Limited Owner Units | $ 408,532 | $ 728,453 | |
Units Outstanding | 4,730 | 9,115 | |
Net Asset Value per Unit | $ 93.59 | $ 105.67 | |
Equinox Frontier Long/Short Commodity Fund [Member] | Class 3A [Member] | |||
LIABILITIES | |||
Managing Owner Units | $ 1,759 | $ 11,715 | |
Limited Owner Units | $ 970,136 | $ 1,162,796 | |
Units Outstanding | 9,918 | 10,925 | |
Net Asset Value per Unit | $ 97.99 | $ 107.50 | |
Equinox Frontier Balanced Fund [Member] | |||
ASSETS | |||
Cash and cash equivalents | $ 164,332 | $ 1,083,579 | |
U.S. Treasury securities, at fair value | 663,808 | 9,770,117 | |
Receivable from futures commission merchants | 7,458,096 | 6,647,098 | |
Open trade equity, at fair value | 178,552 | 237,661 | |
Swap contracts, at fair value | 11,340,959 | 18,939,450 | |
Investments in private investment companies, at fair value | 30,501,895 | 45,305,273 | |
Investments in unconsolidated trading companies, at fair value | 3,178,176 | 5,965,331 | |
Interest receivable | 13,092 | 182,355 | |
Due from Managing Owner | 184,106 | ||
Receivable from related parties | 346,875 | ||
Total Assets | 53,683,016 | 88,477,739 | |
LIABILITIES | |||
Owner redemptions payable | 76,772 | 780,970 | |
Incentive fees payable to Managing Owner | 40,189 | ||
Management fees payable to Managing Owner | 11,465 | 25,217 | |
Interest payable to Managing Owner | 2,528 | 21,606 | |
Service fees payable to Managing Owner | 88,149 | 129,956 | |
Trading fees payable to Managing Owner | 140,868 | 203,324 | |
Risk analysis fees payable | 8,886 | 1,155 | |
Payables to related parties | |||
Advance on unrealized Swap Appreciation | 4,926,555 | 4,926,555 | |
Other liabilities | 155,425 | 89,585 | |
Total Liabilities | 5,450,837 | 6,178,368 | |
Total Owners' Capital | 48,232,179 | 82,299,371 | |
Non-Controlling Interests | |||
Total Capital | 48,232,179 | 82,299,371 | |
Total Liabilities and Capital | 53,683,016 | 88,477,739 | |
Equinox Frontier Balanced Fund [Member] | Class 1 [Member] | |||
LIABILITIES | |||
Limited Owner Units | $ 38,744,003 | $ 56,955,371 | |
Units Outstanding | 284,956 | 422,529 | |
Net Asset Value per Unit | $ 135.96 | $ 134.80 | |
Equinox Frontier Balanced Fund [Member] | Class 2 [Member] | |||
LIABILITIES | |||
Managing Owner Units | $ 147,888 | $ 530,387 | |
Limited Owner Units | $ 6,829,139 | $ 21,871,170 | |
Units Outstanding | 34,386 | 114,886 | |
Net Asset Value per Unit | $ 202.90 | $ 194.99 | |
Equinox Frontier Balanced Fund [Member] | Class 2A [Member] | |||
LIABILITIES | |||
Managing Owner Units | $ 338,655 | $ 209,112 | |
Limited Owner Units | $ 191,276 | $ 307,144 | |
Units Outstanding | 3,015 | 3,054 | |
Net Asset Value per Unit | $ 175.77 | $ 169.05 | |
Equinox Frontier Balanced Fund [Member] | Class 3A [Member] | |||
LIABILITIES | |||
Limited Owner Units | $ 1,379,971 | $ 1,749,006 | |
Units Outstanding | 7,877 | 10,380 | |
Net Asset Value per Unit | $ 175.18 | $ 168.49 | |
Equinox Frontier Balanced Fund [Member] | Class 1AP [Member] | |||
LIABILITIES | |||
Limited Owner Units | $ 601,247 | $ 677,181 | |
Units Outstanding | 3,993 | 4,671 | |
Net Asset Value per Unit | $ 150.56 | $ 144.97 | |
Equinox Frontier Select Fund [Member] | |||
ASSETS | |||
Cash and cash equivalents | $ 114,973 | $ 432,021 | |
U.S. Treasury securities, at fair value | 464,427 | 2,912,611 | |
Receivable from futures commission merchants | 8,208,218 | ||
Open trade equity, at fair value | 686,022 | ||
Swap contracts, at fair value | |||
Investments in private investment companies, at fair value | 5,579,229 | ||
Investments in unconsolidated trading companies, at fair value | 670,863 | 3,910,866 | |
Interest receivable | 9,160 | 54,363 | |
Receivable from related parties | 103,407 | ||
Total Assets | 6,838,652 | 16,307,508 | |
LIABILITIES | |||
Owner redemptions payable | 134,579 | ||
Incentive fees payable to Managing Owner | |||
Management fees payable to Managing Owner | 21,219 | ||
Interest payable to Managing Owner | 1,358 | 3,518 | |
Service fees payable to Managing Owner | 14,743 | 25,966 | |
Trading fees payable to Managing Owner | 14,898 | 18,129 | |
Risk analysis fees payable | 2,303 | ||
Payables to related parties | |||
Advance on unrealized Swap Appreciation | |||
Other liabilities | 5,725 | 11,939 | |
Total Liabilities | 36,724 | 217,653 | |
Total Owners' Capital | 6,801,928 | 11,982,039 | |
Non-Controlling Interests | 4,107,816 | ||
Total Capital | 6,801,928 | 16,089,855 | |
Total Liabilities and Capital | 6,838,652 | 16,307,508 | |
Equinox Frontier Select Fund [Member] | Class 1 [Member] | |||
LIABILITIES | |||
Limited Owner Units | $ 5,912,980 | $ 10,540,702 | |
Units Outstanding | 65,502 | 112,059 | |
Net Asset Value per Unit | $ 90.27 | $ 94.06 | |
Equinox Frontier Select Fund [Member] | Class 2 [Member] | |||
LIABILITIES | |||
Managing Owner Units | $ 70,295 | $ 9,397 | |
Limited Owner Units | $ 795,299 | $ 1,402,043 | |
Units Outstanding | 6,521 | 10,514 | |
Net Asset Value per Unit | $ 132.73 | $ 134.25 | |
Equinox Frontier Select Fund [Member] | Class 1AP [Member] | |||
LIABILITIES | |||
Limited Owner Units | $ 23,354 | $ 29,897 | |
Units Outstanding | 233 | 296 | |
Net Asset Value per Unit | $ 100.02 | $ 101.16 | |
Equinox Frontier Winton Fund [Member] | |||
ASSETS | |||
Cash and cash equivalents | $ 1,403,125 | $ 1,628,208 | |
U.S. Treasury securities, at fair value | 5,667,825 | 15,533,863 | |
Receivable from futures commission merchants | 17,996,697 | ||
Open trade equity, at fair value | 1,222,524 | ||
Swap contracts, at fair value | |||
Investments in private investment companies, at fair value | |||
Investments in unconsolidated trading companies, at fair value | 7,987,575 | 4,072,450 | |
Interest receivable | 111,781 | ||
Receivable from related parties | 58,146 | 289,933 | |
Receivable from Master Fund | |||
Other assets | 551,508 | ||
Total Assets | 15,228,452 | 41,295,183 | |
LIABILITIES | |||
Owner redemptions payable | 23,162 | ||
Management fees payable to Managing Owner | 53,039 | 256,824 | |
Interest payable to Managing Owner | 20,992 | 30,730 | |
Service fees payable to Managing Owner | 26,714 | 39,370 | |
Trading fees payable to Managing Owner | 43,573 | 55,142 | |
Risk analysis fees payable | 12,215 | ||
Advance on unrealized Swap Appreciation | |||
Due to Managing Owner | 152,219 | ||
Other liabilities | 82,265 | 2,880 | |
Total Liabilities | 378,802 | 420,323 | |
Total Owners' Capital | 14,849,650 | 31,766,526 | |
Non-Controlling Interests | 9,108,334 | ||
Total Capital | 14,849,650 | 40,874,860 | |
Total Liabilities and Capital | 15,228,452 | 41,295,183 | |
Equinox Frontier Winton Fund [Member] | Class 1 [Member] | |||
LIABILITIES | |||
Limited Owner Units | $ 13,102,614 | $ 20,284,935 | |
Units Outstanding | 82,367 | 131,283 | |
Net Asset Value per Unit | $ 159.08 | $ 154.51 | |
Equinox Frontier Winton Fund [Member] | Class 2 [Member] | |||
LIABILITIES | |||
Managing Owner Units | $ 153,552 | $ 43,553 | |
Limited Owner Units | $ 1,555,723 | $ 11,402,560 | |
Units Outstanding | 7,895 | 54,251 | |
Net Asset Value per Unit | $ 216.50 | $ 210.98 | |
Equinox Frontier Winton Fund [Member] | Class 1AP [Member] | |||
LIABILITIES | |||
Limited Owner Units | $ 37,761 | $ 35,478 | |
Units Outstanding | 214 | 214 | |
Net Asset Value per Unit | $ 176.44 | $ 166.17 | |
Equinox Frontier Heritage Fund [Member] | |||
ASSETS | |||
Cash and cash equivalents | $ 259,161 | $ 382,499 | |
U.S. Treasury securities, at fair value | 1,046,861 | 3,701,890 | |
Receivable from futures commission merchants | |||
Open trade equity, at fair value | |||
Swap contracts, at fair value | 3,094,367 | 8,391,414 | |
Investments in private investment companies, at fair value | 2,772,993 | ||
Investments in unconsolidated trading companies, at fair value | 1,546,974 | 2,744,640 | |
Interest receivable | 20,647 | ||
Receivable from related parties | 69,095 | ||
Other assets | 131,430 | ||
Total Assets | 8,741,003 | 15,420,968 | |
LIABILITIES | |||
Owner redemptions payable | |||
Management fees payable to Managing Owner | 13,471 | 56,501 | |
Interest payable to Managing Owner | 2,608 | 7,420 | |
Service fees payable to Managing Owner | 11,483 | 16,457 | |
Trading fees payable to Managing Owner | 15,703 | 17,953 | |
Risk analysis fees payable | |||
Advance on unrealized Swap Appreciation | 1,900,000 | 1,900,000 | |
Other liabilities | 16,038 | 18,085 | |
Total Liabilities | 1,959,303 | 2,016,416 | |
Total Owners' Capital | 6,202,626 | 10,257,273 | |
Non-Controlling Interests | 579,074 | 3,147,279 | |
Total Capital | 6,781,700 | 13,404,552 | |
Total Liabilities and Capital | 8,741,003 | 15,420,968 | |
Equinox Frontier Heritage Fund [Member] | Class 1 [Member] | |||
LIABILITIES | |||
Limited Owner Units | $ 5,435,871 | $ 7,507,072 | |
Units Outstanding | 44,855 | 62,779 | |
Net Asset Value per Unit | $ 121.19 | $ 119.58 | |
Equinox Frontier Heritage Fund [Member] | Class 2 [Member] | |||
LIABILITIES | |||
Managing Owner Units | $ 63,646 | $ 73,660 | |
Limited Owner Units | $ 697,026 | $ 2,670,715 | |
Units Outstanding | 4,233 | 15,946 | |
Net Asset Value per Unit | $ 179.7 | $ 172.10 | |
Equinox Frontier Heritage Fund [Member] | Class 1AP [Member] | |||
LIABILITIES | |||
Limited Owner Units | $ 6,083 | $ 5,826 | |
Units Outstanding | 45 | 45 | |
Net Asset Value per Unit | $ 134.28 | $ 128.60 | |
Frontier Trading Company I, LLC [Member] | |||
ASSETS | |||
Cash and cash equivalents | |||
Receivable from futures commission merchants | 7,458,096 | 6,647,098 | |
Open trade equity, at fair value | 178,552 | 237,661 | |
Total Assets | 7,636,648 | 6,884,759 | |
LIABILITIES | |||
Risk analysis fees payable | 8,886 | 1,155 | |
Total Liabilities | 8,886 | 1,155 | |
Managing Owner Units | 7,627,762 | 6,883,604 | |
Total Capital | 7,627,762 | 6,883,604 | |
Total Liabilities and Capital | 7,636,648 | 6,884,759 | |
Frontier Trading Company II LLC [Member] | |||
ASSETS | |||
Cash and cash equivalents | |||
Receivable from futures commission merchants | 13,126,506 | 17,996,697 | |
Open trade equity, at fair value | 1,389,862 | 1,222,524 | |
Total Assets | 14,516,368 | 19,219,221 | |
LIABILITIES | |||
Risk analysis fees payable | 16,690 | 12,215 | |
Total Liabilities | 16,690 | 12,215 | |
Managing Owner Units | 14,499,678 | 19,207,006 | |
Total Capital | 14,499,678 | 19,207,006 | |
Total Liabilities and Capital | 14,516,368 | 19,219,221 | |
Frontier Trading Company XV, LLC [Member] | |||
ASSETS | |||
Cash and cash equivalents | |||
Receivable from futures commission merchants | [1] | 8,207,387 | |
Open trade equity, at fair value | [1] | 642,494 | |
Total Assets | [1] | 8,849,881 | |
LIABILITIES | |||
Interest payable to Managing Owner | [1] | 304 | |
Risk analysis fees payable | [1] | 2,303 | |
Total Liabilities | [1] | 2,607 | |
Managing Owner Units | [1] | 8,847,274 | |
Total Capital | 8,847,274 | ||
Total Liabilities and Capital | [1] | 8,849,881 | |
Frontier Trading Company XXXIV LLC [Member] | |||
ASSETS | |||
Cash and cash equivalents | |||
Swap contracts, at fair value | 11,340,959 | 18,939,450 | |
Total Assets | 11,340,959 | 18,939,450 | |
LIABILITIES | |||
Advance on unrealized Swap Appreciation | 4,926,555 | 4,926,555 | |
Total Liabilities | 4,926,555 | 4,926,555 | |
Managing Owner Units | 6,414,404 | 14,012,895 | |
Total Capital | 6,414,404 | 14,012,895 | |
Total Liabilities and Capital | 11,340,959 | 18,939,450 | |
Frontier Trading Company XXXV LLC [Member] | |||
ASSETS | |||
Cash and cash equivalents | |||
Swap contracts, at fair value | 6,376,472 | 8,637,847 | |
Total Assets | 6,376,472 | 8,637,847 | |
LIABILITIES | |||
Advance on unrealized Swap Appreciation | 2,500,000 | 2,500,000 | |
Total Liabilities | 2,500,000 | 2,500,000 | |
Managing Owner Units | 3,876,472 | 6,137,847 | |
Total Capital | 3,876,472 | 6,137,847 | |
Total Liabilities and Capital | 6,376,472 | 8,637,847 | |
Frontier Trading Company XXXVII LLC [Member] | |||
ASSETS | |||
Cash and cash equivalents | |||
Swap contracts, at fair value | 397,039 | 4,220,468 | |
Total Assets | 397,039 | 4,220,468 | |
LIABILITIES | |||
Advance on unrealized Swap Appreciation | 115,000 | 115,000 | |
Total Liabilities | 115,000 | 115,000 | |
Managing Owner Units | 282,039 | 4,105,468 | |
Total Capital | 282,039 | 4,105,468 | |
Total Liabilities and Capital | 397,039 | 4,220,468 | |
Frontier Trading Company XXXVIII ,LLC [Member] | |||
ASSETS | |||
Cash and cash equivalents | |||
Swap contracts, at fair value | |||
Investments in unconsolidated trading companies, at fair value | 2,151,869 | 11,184,103 | |
Total Assets | 2,151,869 | 11,184,103 | |
LIABILITIES | |||
Total Liabilities | |||
Managing Owner Units | 2,151,869 | 11,184,103 | |
Total Capital | 2,151,869 | 11,184,103 | |
Total Liabilities and Capital | 2,151,869 | 11,184,103 | |
Frontier Trading Company XXXIX LLC [Member] | |||
ASSETS | |||
Cash and cash equivalents | |||
Swap contracts, at fair value | 3,094,367 | 8,391,414 | |
Total Assets | 3,094,367 | 8,391,414 | |
LIABILITIES | |||
Advance on unrealized Swap Appreciation | 1,900,000 | 1,900,000 | |
Total Liabilities | 1,900,000 | 1,900,000 | |
Managing Owner Units | 1,194,367 | 6,491,414 | |
Total Capital | 1,194,367 | 6,491,414 | |
Total Liabilities and Capital | 3,094,367 | 8,391,414 | |
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 510 Series [Member] | |||
ASSETS | |||
Investment in Master Fund - at fair value | 8,992,028 | ||
Cash and cash equivalents | 1,071,592 | ||
Total Assets | 10,063,620 | ||
LIABILITIES | |||
Subscriptions received in advance | 66,667 | ||
Incentive fees payable to Managing Owner | 123,098 | ||
Management fees payable to Managing Owner | 26,796 | ||
Accrued sponsor fees | 13,943 | ||
Accrued operating expenses | 3,791 | ||
Total Liabilities | 234,295 | ||
Total Capital | 9,829,325 | 11,905,249 | |
Member's equity | 9,829,325 | ||
Total Liabilities and Capital | 10,063,620 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 516 Series [Member] | |||
ASSETS | |||
Investment in Master Fund - at fair value | 6,566,371 | ||
Cash and cash equivalents | 17,161 | ||
Other assets | 3,000 | ||
Total Assets | 6,586,532 | ||
LIABILITIES | |||
Payable to Master Fund | 1,000 | ||
Incentive fees payable to Managing Owner | 6,517 | ||
Management fees payable to Managing Owner | 22,648 | ||
Accrued sponsor fees | 9,206 | ||
Accrued operating expenses | 6,062 | ||
Total Liabilities | 45,433 | ||
Total Capital | 6,541,099 | 11,561,089 | |
Member's equity | 6,541,099 | ||
Total Liabilities and Capital | 6,586,532 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 517 Series [Member] | |||
ASSETS | |||
Investment in Master Fund - at fair value | 761,889 | ||
Cash and cash equivalents | 6,025 | ||
Receivable from Sponsor | 1,746 | ||
Total Assets | 769,660 | ||
LIABILITIES | |||
Payable to Master Fund | 1,000 | ||
Management fees payable to Managing Owner | 1,599 | ||
Accrued sponsor fees | 1,156 | ||
Accrued operating expenses | 4,879 | ||
Total Liabilities | 8,634 | ||
Total Capital | 761,026 | 3,872,987 | |
Member's equity | 761,026 | ||
Total Liabilities and Capital | 769,660 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 518 Series [Member] | |||
ASSETS | |||
Investment in Master Fund - at fair value | 2,487,587 | ||
Cash and cash equivalents | 445,583 | ||
Receivable from Sponsor | 1,659 | ||
Total Assets | 2,934,829 | ||
LIABILITIES | |||
Payable to Master Fund | 1,000 | ||
Management fees payable to Managing Owner | 7,753 | ||
Accrued sponsor fees | 5,827 | ||
Accrued professional fees | 15,000 | ||
Accrued operating expenses | 11,067 | ||
Total Liabilities | 40,647 | ||
Total Capital | 2,894,182 | 11,473,988 | |
Member's equity | 2,894,182 | ||
Total Liabilities and Capital | 2,934,829 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 522 Series [Member] | |||
ASSETS | |||
Investment in Master Fund - at fair value | 1,495,099 | ||
Cash and cash equivalents | 18,349 | ||
Receivable from Sponsor | 5,239 | ||
Total Assets | 1,518,687 | ||
LIABILITIES | |||
Payable to Master Fund | 3,000 | ||
Management fees payable to Managing Owner | 10,000 | ||
Accrued sponsor fees | 2,229 | ||
Accrued operating expenses | 16,298 | ||
Total Liabilities | 31,527 | ||
Total Capital | 1,487,160 | 7,587,244 | |
Member's equity | 1,487,160 | ||
Total Liabilities and Capital | 1,518,687 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 526 Series [Member] | |||
ASSETS | |||
Investment in Master Fund - at fair value | 10,868,257 | ||
Cash and cash equivalents | 3,557,123 | ||
Total Assets | 14,425,380 | ||
LIABILITIES | |||
Subscriptions received in advance | 500,000 | ||
Payable to Master Fund | 1,000 | ||
Incentive fees payable to Managing Owner | 266,120 | ||
Management fees payable to Managing Owner | 12,816 | ||
Accrued sponsor fees | 27,562 | ||
Accrued operating expenses | 5,425 | ||
Total Liabilities | 812,923 | ||
Total Capital | 13,612,457 | 20,486,570 | |
Member's equity | 13,612,457 | ||
Total Liabilities and Capital | 14,425,380 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 527 Series [Member] | |||
ASSETS | |||
Investment in Master Fund - at fair value | 6,220,673 | ||
Cash and cash equivalents | 11,957 | ||
Total Assets | 6,232,630 | ||
LIABILITIES | |||
Payable to Master Fund | 1,000 | ||
Management fees payable to Managing Owner | 12,557 | ||
Accrued sponsor fees | 10,306 | ||
Accrued operating expenses | 4,475 | ||
Total Liabilities | 28,338 | ||
Total Capital | 6,204,292 | 19,230,153 | |
Member's equity | 6,204,292 | ||
Total Liabilities and Capital | 6,232,630 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 528 Series [Member] | |||
ASSETS | |||
Investment in Master Fund - at fair value | 3,779,266 | ||
Cash and cash equivalents | 7,277 | ||
Total Assets | 3,786,543 | ||
LIABILITIES | |||
Payable to Master Fund | 1,000 | ||
Incentive fees payable to Managing Owner | 14,341 | ||
Management fees payable to Managing Owner | 3,701 | ||
Accrued sponsor fees | 2,845 | ||
Accrued operating expenses | 5,025 | ||
Total Liabilities | 26,912 | ||
Total Capital | 3,759,631 | 6,527,110 | |
Member's equity | 3,759,631 | ||
Total Liabilities and Capital | 3,786,543 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 531 Series [Member] | |||
ASSETS | |||
Investment in Master Fund - at fair value | 5,265,822 | ||
Cash and cash equivalents | 72,841 | ||
Total Assets | 5,338,663 | ||
LIABILITIES | |||
Payable to Master Fund | 35,314 | ||
Incentive fees payable to Managing Owner | 11,681 | ||
Management fees payable to Managing Owner | 48,942 | ||
Accrued sponsor fees | 11,481 | ||
Accrued operating expenses | 3,333 | ||
Total Liabilities | 110,751 | ||
Total Capital | 5,227,912 | ||
Member's equity | 5,227,912 | ||
Total Liabilities and Capital | 5,338,663 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 532 Series [Member] | |||
ASSETS | |||
Investment in Master Fund - at fair value | 1,924,442 | ||
Cash and cash equivalents | 11,917 | ||
Receivable from Sponsor | 1,746 | ||
Total Assets | 1,938,105 | ||
LIABILITIES | |||
Payable to Master Fund | 1,000 | ||
Incentive fees payable to Managing Owner | 73 | ||
Management fees payable to Managing Owner | 3,786 | ||
Accrued sponsor fees | 3,143 | ||
Accrued operating expenses | 10,079 | ||
Total Liabilities | 18,081 | ||
Total Capital | 1,920,024 | 4,620,230 | |
Member's equity | 1,920,024 | ||
Total Liabilities and Capital | 1,938,105 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 535 Series [Member] | |||
ASSETS | |||
Investment in Master Fund - at fair value | 2,154,296 | ||
Cash and cash equivalents | 1,648 | ||
Receivable from Master Fund | 9,107 | ||
Total Assets | 2,165,051 | ||
LIABILITIES | |||
Management fees payable to Managing Owner | 3,013 | ||
Accrued sponsor fees | 5,090 | ||
Accrued operating expenses | 5,417 | ||
Total Liabilities | 13,520 | ||
Total Capital | 2,151,531 | 11,183,404 | |
Member's equity | 2,151,531 | ||
Total Liabilities and Capital | 2,165,051 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 538W Series [Member] | |||
ASSETS | |||
Investment in Master Fund - at fair value | 23,349,142 | ||
Cash and cash equivalents | 23,527 | ||
Total Assets | 23,372,669 | ||
LIABILITIES | |||
Incentive fees payable to Managing Owner | 250,386 | ||
Management fees payable to Managing Owner | 53,344 | ||
Accrued sponsor fees | 18,435 | ||
Accrued operating expenses | 4,933 | ||
Total Liabilities | 327,098 | ||
Total Capital | 23,045,571 | ||
Member's equity | 23,045,571 | ||
Total Liabilities and Capital | 23,372,669 | ||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | |||
ASSETS | |||
Cash and cash equivalents | 524,866 | ||
Restricted cash - margin balance | 1,310,145 | ||
Investments in futures contracts at fair value | 69,563 | ||
Receivable from onshore feeder fund | 1,000 | ||
Other assets | 18,868 | ||
Total Assets | 1,924,442 | ||
LIABILITIES | |||
Total Liabilities | |||
Total Capital | 1,924,442 | 4,627,141 | |
Member's equity | 1,924,442 | ||
Total Liabilities and Capital | 1,924,442 | ||
Galaxy Plus Fund - Chesapeake Master Fund (518) LLC [Member] | |||
ASSETS | |||
Cash and cash equivalents | 2,464,783 | ||
Receivable from clearing broker | 10,739 | ||
Receivable from onshore feeder fund | 1,000 | ||
Other assets | 11,065 | ||
Total Assets | 2,487,587 | ||
LIABILITIES | |||
Total Liabilities | |||
Total Capital | 2,487,587 | 11,505,482 | |
Member's equity | 2,487,587 | ||
Total Liabilities and Capital | 2,487,587 | ||
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | |||
ASSETS | |||
Cash and cash equivalents | 3,679,465 | ||
Restricted cash - margin balance | 98,746 | ||
Options purchased, at fair value | 35,498 | ||
Investments in futures contracts at fair value | 738 | ||
Receivable from onshore feeder fund | 1,000 | ||
Other assets | 11,869 | ||
Total Assets | 3,827,316 | ||
LIABILITIES | |||
Options written, at fair value | 48,050 | ||
Total Liabilities | 48,050 | ||
Total Capital | 3,779,266 | 6,557,058 | |
Member's equity | 3,779,266 | ||
Total Liabilities and Capital | 3,827,316 | ||
Option purchased, at cost | 75,573 | ||
Option written, at proceeds | 123,542 | ||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | |||
ASSETS | |||
Cash and cash equivalents | 1,295,202 | ||
Restricted cash - margin balance | 2,408,042 | ||
Options purchased, at fair value | 627,540 | ||
Investments in futures contracts at fair value | 2,633,000 | ||
Receivable from onshore feeder fund | 1,000 | ||
Other assets | 11,987 | ||
Total Assets | 6,976,771 | ||
LIABILITIES | |||
Options written, at fair value | 410,400 | ||
Total Liabilities | 410,400 | ||
Total Capital | 6,566,371 | 11,651,029 | |
Member's equity | 6,566,371 | ||
Total Liabilities and Capital | 6,976,771 | ||
Option purchased, at cost | 2,560,320 | ||
Option written, at proceeds | 2,354,400 | ||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | |||
ASSETS | |||
Cash and cash equivalents | 7,145,386 | ||
Restricted cash - margin balance | 1,774,970 | ||
Investments in futures contracts at fair value | 57,672 | ||
Other assets | 14,000 | ||
Total Assets | 8,992,028 | ||
LIABILITIES | |||
Total Liabilities | |||
Total Capital | 8,992,028 | 11,452,916 | |
Member's equity | 8,992,028 | ||
Total Liabilities and Capital | 8,992,028 | ||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | |||
ASSETS | |||
Cash and cash equivalents | 1,038,794 | ||
Restricted cash - margin balance | 285,761 | ||
Investments in futures contracts at fair value | 162,342 | ||
Receivable from onshore feeder fund | 3,000 | ||
Other assets | 33,202 | ||
Total Assets | 1,523,099 | ||
LIABILITIES | |||
Options written, at fair value | 28,000 | ||
Total Liabilities | 28,000 | ||
Total Capital | 1,495,099 | 7,717,549 | |
Member's equity | 1,495,099 | ||
Total Liabilities and Capital | 1,523,099 | ||
Option written, at proceeds | 32,400 | ||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | |||
ASSETS | |||
Cash and cash equivalents | 8,117,910 | ||
Restricted cash - margin balance | 2,195,034 | ||
Investments in futures contracts at fair value | 542,231 | ||
Receivable from onshore feeder fund | 1,000 | ||
Other assets | 12,082 | ||
Total Assets | 10,868,257 | ||
LIABILITIES | |||
Total Liabilities | |||
Total Capital | 10,868,257 | 21,456,623 | |
Member's equity | 10,868,257 | ||
Total Liabilities and Capital | 10,868,257 | ||
Galaxy Plus Fund - Quantmetrics Master Fund (527) LLC [Member] | |||
ASSETS | |||
Cash and cash equivalents | 6,208,953 | ||
Receivable from onshore feeder fund | 1,000 | ||
Other assets | 10,720 | ||
Total Assets | 6,220,673 | ||
LIABILITIES | |||
Total Liabilities | |||
Total Capital | 6,220,673 | 19,261,458 | |
Member's equity | 6,220,673 | ||
Total Liabilities and Capital | 6,220,673 | ||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | |||
ASSETS | |||
Cash and cash equivalents | 1,341,298 | ||
Restricted cash - margin balance | 759,653 | ||
Investments in futures contracts at fair value | 49,045 | ||
Other assets | 13,407 | ||
Total Assets | 2,163,403 | ||
LIABILITIES | |||
Payable to Onshore Feeder Fund | 9,107 | ||
Total Liabilities | 9,107 | ||
Total Capital | 2,154,296 | 3,883,778 | |
Member's equity | 2,154,296 | ||
Total Liabilities and Capital | 2,163,403 | ||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | |||
ASSETS | |||
Cash and cash equivalents | 250,925 | ||
Restricted cash - margin balance | 430,797 | ||
Investments in futures contracts at fair value | 67,465 | ||
Receivable from onshore feeder fund | 1,000 | ||
Other assets | 11,702 | ||
Total Assets | 761,889 | ||
LIABILITIES | |||
Total Liabilities | |||
Total Capital | 761,889 | 11,198,960 | |
Member's equity | 761,889 | ||
Total Liabilities and Capital | 761,889 | ||
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | |||
ASSETS | |||
Cash and cash equivalents | 325,542 | ||
Restricted cash - margin balance | 4,324,905 | ||
Investments in futures contracts at fair value | 564,994 | ||
Receivable from onshore feeder fund | 35,314 | ||
Other assets | 15,067 | ||
Total Assets | 5,265,822 | ||
LIABILITIES | |||
Total Liabilities | |||
Total Capital | 5,265,822 | ||
Member's equity | 5,265,822 | ||
Total Liabilities and Capital | 5,265,822 | ||
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | |||
ASSETS | |||
Cash and cash equivalents | 14,693,808 | ||
Restricted cash - margin balance | 8,160,980 | ||
Investments in futures contracts at fair value | 483,457 | ||
Other assets | 10,897 | ||
Total Assets | 23,349,142 | ||
LIABILITIES | |||
Total Liabilities | |||
Total Capital | 23,349,142 | ||
Member's equity | 23,349,142 | ||
Total Liabilities and Capital | $ 23,349,142 | ||
[1] | Trading Company XV ceased trading operations May 9, 2017 |
Condensed Schedule of Investmen
Condensed Schedule of Investments | Dec. 31, 2017USD ($)Contract | Dec. 31, 2016USD ($) | |||
Swap [Member] | |||||
Investment Owned, Fair Value | [1] | $ 21,208,838 | $ 40,189,178 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 18.64% | 18.35% | ||
Swap [Member] | Frontier XXXV Diversified select swap (U.S.) [Member] | |||||
Investment Owned, Fair Value | [1] | $ 6,376,472 | $ 8,637,847 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 5.60% | 3.94% | ||
Swap [Member] | Frontier XXXVII L/S select swap (U.S.) [Member] | |||||
Investment Owned, Fair Value | [1] | $ 397,039 | $ 4,220,467 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.35% | 1.93% | ||
Swap [Member] | Frontier XXXIV Balanced Select Swap (U.S.) [Member] | |||||
Investment Owned, Fair Value | [1] | $ 11,340,960 | $ 18,939,450 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 9.97% | 8.65% | ||
Swap [Member] | Frontier Brevan Howard Swap (U.S.) [Member] | |||||
Investment Owned, Fair Value | [1] | $ 3,094,367 | $ 8,391,414 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 2.72% | 3.83% | ||
Private Investment Companies [Member] | |||||
Investment Owned, Fair Value | [2] | $ 66,933,235 | $ 107,717,118 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 58.84% | 49.17% | ||
Private Investment Companies [Member] | Galaxy Plus Fund - Chesapeake Feeder Fund (518) [Member] | |||||
Investment Owned, Fair Value | [2] | $ 1,774,375 | $ 11,465,608 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 1.56% | 5.23% | ||
Private Investment Companies [Member] | Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 6,507,863 | $ 11,559,976 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 5.72% | 5.28% | ||
Private Investment Companies [Member] | Galaxy Plus Fund - Doherty Feeder Fund (528) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 3,759,970 | $ 6,526,957 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 3.31% | 2.98% | ||
Private Investment Companies [Member] | Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 7,523,327 | $ 11,174,877 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 6.61% | 5.10% | ||
Private Investment Companies [Member] | Galaxy Plus Fund - QIM Feeder Fund (526) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 6,607,668 | $ 20,442,933 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 5.81% | 9.33% | ||
Private Investment Companies [Member] | Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 6,204,663 | $ 19,226,675 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 5.45% | 8.78% | ||
Private Investment Companies [Member] | Galaxy Plus Fund - Quest Feeder Fund (517) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 759,647 | $ 3,899,040 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.67% | 1.78% | ||
Private Investment Companies [Member] | Galaxy Plus Fund - Aspect Feeder Fund (532) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 1,919,350 | $ 4,643,329 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 1.69% | 2.12% | ||
Private Investment Companies [Member] | Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 23,045,760 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 20.26% | |||
Private Investment Companies [Member] | Galaxy Plus Fund - LRR Feeder Fund (522) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 1,483,477 | $ 7,580,703 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 1.30% | 3.46% | ||
Private Investment Companies [Member] | Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 5,195,266 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 4.57% | |||
Private Investment Companies [Member] | Galaxy Plus Fund - Quest FIT Feeder Fund (535) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 2,151,869 | $ 11,197,020 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 1.89% | 5.11% | ||
US Treasury Securities [Member] | |||||
Investment Owned, Fair Value | $ 10,887,786 | $ 42,757,604 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 9.57% | 19.52% | |||
US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | |||||
Investment Owned, Fair Value | $ 10,887,786 | $ 20,564,106 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 9.57% | 9.39% | |||
Investment Owned, Underlying Face Amount, at Market Value | $ 8,269,000 | $ 15,900,000 | |||
US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | |||||
Investment Owned, Fair Value | $ 22,193,498 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 10.13% | ||||
Investment Owned, Underlying Face Amount, at Market Value | $ 16,400,000 | ||||
Long Futures Contracts [Member] | |||||
Investment Owned, Fair Value | [3] | $ 1,707,585 | $ 842,388 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 1.50% | 0.38% | ||
Long Futures Contracts [Member] | Various Base Metals Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 1,088,822 | $ (20,244) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.96% | (0.01%) | ||
Long Futures Contracts [Member] | Various Energy Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 513,613 | $ 218,762 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.45% | 0.10% | ||
Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (118,226) | $ 255,450 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.10%) | 0.12% | ||
Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (4,756) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (23,380) | $ 103 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.02%) | 0.00% | ||
Long Futures Contracts [Member] | Various Soft Futures Contract (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 55,621 | $ (178,253) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.05% | (0.08%) | ||
Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 5,605 | $ 925 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | 0.00% | ||
Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (104,638) | $ 302,352 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.09%) | 0.14% | ||
Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 96,403 | $ 362,606 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.08% | 0.17% | ||
Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 2,815 | $ 61,876 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | 0.03% | ||
Long Futures Contracts [Member] | Various Stock Index Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 197,228 | $ (284,324) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.17% | (0.13%) | ||
Long Futures Contracts [Member] | Various Currency Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (52,460) | $ 50,242 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.05%) | 0.02% | ||
Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (503) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Long Futures Contracts [Member] | Various Precious Metal Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 18,190 | $ (3,860) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.02% | 0.00% | ||
Long Futures Contracts [Member] | Various Soft Futures Contract (Europe) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (372) | $ 1,956 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | 0.00% | ||
Long Futures Contracts [Member] | Various Currency Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 18,470 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.02% | |||
Long Futures Contracts [Member] | Various Currency Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 27,263 | $ 73,909 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.02% | 0.03% | ||
Long Futures Contracts [Member] | Various Currency Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 20,670 | $ (41,946) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.02% | (0.02%) | ||
Long Futures Contracts [Member] | Various Energy Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (11,873) | $ 4,150 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.01%) | 0.00% | ||
Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (25,875) | $ 25,285 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.02%) | 0.01% | ||
Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Africa) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 4,465 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Long Futures Contracts [Member] | Various Currency Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 1,360 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Long Futures Contracts [Member] | Various Energy Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 8,788 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Long Futures Contracts [Member] | Various Precious Metal Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 1,950 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Long Futures Contracts [Member] | Various Soft Futures Contract (Far East) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 111 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Long Futures Contracts [Member] | Various Soft Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 2,808 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Long Futures Contracts [Member] | Various Soft Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (1,115) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Short Futures Contracts [Member] | |||||
Investment Owned, Fair Value | [3] | $ (561,645) | $ 1,249,235 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.50%) | 0.57% | ||
Short Futures Contracts [Member] | Various Base Metals Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (411,270) | $ (200,612) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.36%) | (0.09%) | ||
Short Futures Contracts [Member] | Various Energy Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (77,171) | $ (82,280) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.07%) | (0.04%) | ||
Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (6,824) | $ (17,617) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.01%) | (0.01%) | ||
Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (16,393) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.01%) | |||
Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 1,509 | $ 22,526 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | 0.01% | ||
Short Futures Contracts [Member] | Various Soft Futures Contract (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 93,576 | $ 401,926 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.08% | 0.18% | ||
Short Futures Contracts [Member] | Various Stock Index Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (2,802) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Short Futures Contracts [Member] | Various Stock Index Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (2,456) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Short Futures Contracts [Member] | Various Stock Index Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 16,027 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.01% | |||
Short Futures Contracts [Member] | Various Currency Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 40,897 | $ 1,130 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.04% | 0.00% | ||
Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (4,439) | $ 5,396 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | 0.00% | ||
Short Futures Contracts [Member] | Various Precious Metal Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (153,585) | $ 208,285 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.14%) | 0.10% | ||
Short Futures Contracts [Member] | Various Soft Futures Contract (Europe) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 35,920 | $ 111,769 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.03% | 0.05% | ||
Short Futures Contracts [Member] | Various Currency Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 11,735 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.01% | |||
Short Futures Contracts [Member] | Various Currency Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (89,175) | $ 358,276 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.08%) | 0.16% | ||
Short Futures Contracts [Member] | Various Currency Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 7,603 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 104,111 | $ 172,279 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.09% | 0.08% | ||
Short Futures Contracts [Member] | Various Stock Index Futures Contracts (Africa) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 4,459 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Short Futures Contracts [Member] | Various Currency Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (50,066) | $ 187,929 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.04%) | 0.09% | ||
Short Futures Contracts [Member] | Various Soft Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (45,128) | $ 62,055 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.04%) | 0.03% | ||
Currency Forwards [Member] | |||||
Investment Owned, Fair Value | [3] | $ 422,474 | $ 54,584 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.37% | 0.02% | ||
Currency Forwards [Member] | VariousCurrencyForwardsContractsNAMember | |||||
Investment Owned, Fair Value | [3] | $ 422,474 | $ 54,584 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.37% | 0.02% | ||
Total Open Trade Equity (Deficit) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 1,568,414 | $ 2,146,207 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 1.37% | 0.97% | ||
Equinox Frontier Diversified Fund [Member] | Swap [Member] | |||||
Investment Owned, Fair Value | [1] | $ 6,376,472 | $ 8,637,847 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 29.70% | 15.30% | ||
Equinox Frontier Diversified Fund [Member] | Swap [Member] | Frontier XXXV Diversified select swap (U.S.) [Member] | |||||
Investment Owned, Fair Value | [1] | $ 6,376,472 | $ 8,637,847 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 29.70% | 15.30% | ||
Equinox Frontier Diversified Fund [Member] | Private Investment Companies [Member] | |||||
Investment Owned, Fair Value | [2] | $ 14,501,510 | $ 38,845,974 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 67.54% | 68.77% | ||
Equinox Frontier Diversified Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Chesapeake Feeder Fund (518) [Member] | |||||
Investment Owned, Fair Value | [2] | $ 484,742 | $ 6,399,628 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 2.26% | 11.33% | ||
Equinox Frontier Diversified Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 1,447,461 | $ 3,558,715 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 6.74% | 6.30% | ||
Equinox Frontier Diversified Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Doherty Feeder Fund (528) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 1,253,230 | $ 2,412,065 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 5.84% | 4.27% | ||
Equinox Frontier Diversified Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 1,713,788 | $ 4,103,564 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 7.98% | 7.27% | ||
Equinox Frontier Diversified Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - QIM Feeder Fund (526) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 2,203,960 | $ 7,819,114 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 10.27% | 13.85% | ||
Equinox Frontier Diversified Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 2,067,025 | $ 8,600,401 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 9.63% | 15.23% | ||
Equinox Frontier Diversified Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Quest Feeder Fund (517) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 379,664 | $ 2,996,494 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 1.77% | 5.31% | ||
Equinox Frontier Diversified Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Aspect Feeder Fund (532) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 479,522 | $ 1,856,786 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 2.23% | 3.29% | ||
Equinox Frontier Diversified Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 4,343,060 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 20.23% | |||
Equinox Frontier Diversified Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - LRR Feeder Fund (522) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 129,058 | $ 1,099,207 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.60% | 1.95% | ||
Equinox Frontier Diversified Fund [Member] | Investment In Unconsolidated Companies [Member] | |||||
Investment Owned, Fair Value | [2] | $ 2,225,210 | $ 4,201,628 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 10.37% | 7.44% | ||
Equinox Frontier Diversified Fund [Member] | Investment In Unconsolidated Companies [Member] | Equinox Frontier Trading Company XXXVIII, LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 151,600 | $ 1,710,707 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.71% | 3.03% | ||
Equinox Frontier Diversified Fund [Member] | Investment In Unconsolidated Companies [Member] | Equinox Frontier Trading Company II, LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 2,073,610 | $ 2,490,921 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 9.66% | 4.41% | ||
Equinox Frontier Diversified Fund [Member] | US Treasury Securities [Member] | |||||
Investment Owned, Fair Value | $ 767,049 | [4] | $ 6,525,280 | [5] | |
Investment Owned, % of Total Capital (Net Asset Value) | 3.57% | [4] | 11.56% | [5] | |
Equinox Frontier Diversified Fund [Member] | US Treasury Securities [Member] | Additional [Member] | |||||
Investment Owned, Underlying Face Amount, at Market Value | $ 582,555 | [4] | $ 5,056,846 | [5] | |
Investment Owned, at Cost | 774,221 | [4] | 7,098,703 | [5] | |
Equinox Frontier Diversified Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | |||||
Investment Owned, Fair Value | $ 767,049 | [4] | $ 3,386,971 | [5] | |
Investment Owned, % of Total Capital (Net Asset Value) | 3.57% | [4] | 6.00% | [5] | |
Investment Owned, Underlying Face Amount, at Market Value | $ 9,000,000 | [4] | $ 16,400,000 | [5] | |
Equinox Frontier Diversified Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | Additional [Member] | |||||
Investment Owned, Underlying Face Amount, at Market Value | 582,555 | [4] | 2,567,563 | [5] | |
Investment Owned, at Cost | 774,221 | [4] | 3,596,193 | [5] | |
Equinox Frontier Diversified Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | |||||
Investment Owned, Fair Value | [5] | $ 3,138,309 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [5] | 5.56% | |||
Investment Owned, Underlying Face Amount, at Market Value | [5] | $ 15,900,000 | |||
Equinox Frontier Diversified Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | Additional [Member] | |||||
Investment Owned, Underlying Face Amount, at Market Value | [5] | 2,489,283 | |||
Investment Owned, at Cost | [5] | 3,502,510 | |||
Equinox Frontier Masters Fund [Member] | Private Investment Companies [Member] | |||||
Investment Owned, Fair Value | [2] | $ 8,407,168 | $ 5,653,708 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 70.31% | 32.93% | ||
Equinox Frontier Masters Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Chesapeake Feeder Fund (518) [Member] | |||||
Investment Owned, Fair Value | [2] | $ 967,528 | $ 3,455,090 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 8.09% | 20.12% | ||
Equinox Frontier Masters Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 1,588,149 | $ 2,198,618 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 13.28% | 12.81% | ||
Equinox Frontier Masters Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 3,203,382 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 26.79% | |||
Equinox Frontier Masters Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 2,648,109 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 22.15% | |||
Equinox Frontier Masters Fund [Member] | Investment In Unconsolidated Companies [Member] | |||||
Investment Owned, Fair Value | [2] | $ 1,501,142 | $ 6,678,106 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 12.55% | 38.90% | ||
Equinox Frontier Masters Fund [Member] | Investment In Unconsolidated Companies [Member] | Equinox Frontier Trading Company XXXVIII, LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 328,679 | $ 1,130,943 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 2.75% | 6.59% | ||
Equinox Frontier Masters Fund [Member] | Investment In Unconsolidated Companies [Member] | Equinox Frontier Trading Company II, LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 1,172,463 | $ 1,439,347 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 9.81% | 8.38% | ||
Equinox Frontier Masters Fund [Member] | Investment In Unconsolidated Companies [Member] | Equinox Frontier Trading Company XV, LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 4,107,816 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 23.93% | |||
Equinox Frontier Masters Fund [Member] | US Treasury Securities [Member] | |||||
Investment Owned, Fair Value | $ 1,663,014 | [4] | $ 4,313,843 | [5] | |
Investment Owned, % of Total Capital (Net Asset Value) | 13.91% | [4] | 25.13% | [5] | |
Equinox Frontier Masters Fund [Member] | US Treasury Securities [Member] | Additional [Member] | |||||
Investment Owned, Underlying Face Amount, at Market Value | $ 1,263,017 | [4] | $ 3,343,066 | [5] | |
Investment Owned, at Cost | 1,678,562 | [4] | 4,692,931 | [5] | |
Equinox Frontier Masters Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | |||||
Investment Owned, Fair Value | $ 1,663,014 | [4] | $ 2,239,117 | [5] | |
Investment Owned, % of Total Capital (Net Asset Value) | 13.91% | [4] | 13.04% | [5] | |
Investment Owned, Underlying Face Amount, at Market Value | $ 9,000,000 | [4] | $ 16,400,000 | [5] | |
Equinox Frontier Masters Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | Additional [Member] | |||||
Investment Owned, Underlying Face Amount, at Market Value | 1,263,017 | [4] | 1,697,408 | [5] | |
Investment Owned, at Cost | 1,678,562 | [4] | 2,377,432 | [5] | |
Equinox Frontier Masters Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | |||||
Investment Owned, Fair Value | [5] | $ 2,074,726 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [5] | 12.08% | |||
Investment Owned, Underlying Face Amount, at Market Value | [5] | $ 15,900,000 | |||
Equinox Frontier Masters Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | Additional [Member] | |||||
Investment Owned, Underlying Face Amount, at Market Value | [5] | 1,645,658 | |||
Investment Owned, at Cost | [5] | 2,315,499 | |||
Equinox Frontier Long/Short Commodity Fund [Member] | Swap [Member] | |||||
Investment Owned, Fair Value | [1] | $ 397,039 | $ 4,220,468 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 9.33% | 45.55% | ||
Equinox Frontier Long/Short Commodity Fund [Member] | Swap [Member] | Frontier XXXVII L/S select swap (U.S.) [Member] | |||||
Investment Owned, Fair Value | [1] | $ 397,039 | $ 4,220,468 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 9.33% | 45.55% | ||
Equinox Frontier Long/Short Commodity Fund [Member] | Private Investment Companies [Member] | |||||
Investment Owned, Fair Value | [2] | $ 3,018,571 | $ 6,715,142 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 70.96% | 72.46% | ||
Equinox Frontier Long/Short Commodity Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Chesapeake Feeder Fund (518) [Member] | |||||
Investment Owned, Fair Value | [2] | $ 322,105 | $ 1,610,890 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 7.57% | 17.39% | ||
Equinox Frontier Long/Short Commodity Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 576,154 | $ 1,611,845 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 13.54% | 17.40% | ||
Equinox Frontier Long/Short Commodity Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 1,024,222 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 24.08% | |||
Equinox Frontier Long/Short Commodity Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - LRR Feeder Fund (522) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 1,096,090 | $ 3,492,407 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 25.77% | 37.69% | ||
Equinox Frontier Long/Short Commodity Fund [Member] | Investment In Unconsolidated Companies [Member] | |||||
Investment Owned, Fair Value | [2] | $ 121,510 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 2.86% | |||
Equinox Frontier Long/Short Commodity Fund [Member] | Investment In Unconsolidated Companies [Member] | Equinox Frontier Trading Company XXXVIII, LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 121,510 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 2.86% | |||
Equinox Frontier Long/Short Commodity Fund [Member] | US Treasury Securities [Member] | |||||
Investment Owned, Fair Value | [4] | $ 614,803 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 14.45% | |||
Equinox Frontier Long/Short Commodity Fund [Member] | US Treasury Securities [Member] | Additional [Member] | |||||
Investment Owned, Underlying Face Amount, at Market Value | [4] | $ 466,927 | |||
Investment Owned, at Cost | [4] | 620,551 | |||
Equinox Frontier Long/Short Commodity Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | |||||
Investment Owned, Fair Value | [4] | $ 614,803 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 14.45% | |||
Investment Owned, Underlying Face Amount, at Market Value | [4] | $ 9,000,000 | |||
Equinox Frontier Long/Short Commodity Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | Additional [Member] | |||||
Investment Owned, Underlying Face Amount, at Market Value | [4] | 466,927 | |||
Investment Owned, at Cost | [4] | 620,551 | |||
Equinox Frontier Balanced Fund [Member] | Swap [Member] | |||||
Investment Owned, Fair Value | [1] | $ 11,340,959 | $ 18,939,450 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 23.51% | 23.01% | ||
Equinox Frontier Balanced Fund [Member] | Swap [Member] | Frontier XXXIV Balanced Select Swap (U.S.) [Member] | |||||
Investment Owned, Fair Value | [1] | $ 11,340,959 | $ 18,939,450 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 23.51% | 23.01% | ||
Equinox Frontier Balanced Fund [Member] | Private Investment Companies [Member] | |||||
Investment Owned, Fair Value | [2] | $ 30,501,895 | $ 45,305,273 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 63.23% | 55.05% | ||
Equinox Frontier Balanced Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 2,896,099 | $ 4,190,798 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 6.00% | 5.09% | ||
Equinox Frontier Balanced Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Doherty Feeder Fund (528) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 2,506,740 | $ 4,114,892 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 5.20% | 5.00% | ||
Equinox Frontier Balanced Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 5,809,539 | $ 7,071,313 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 12.04% | 8.59% | ||
Equinox Frontier Balanced Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - QIM Feeder Fund (526) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 4,403,708 | $ 12,623,819 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 9.13% | 15.34% | ||
Equinox Frontier Balanced Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 4,137,638 | $ 10,626,274 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 8.58% | 12.91% | ||
Equinox Frontier Balanced Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Quest Feeder Fund (517) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 379,983 | $ 902,546 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.79% | 1.10% | ||
Equinox Frontier Balanced Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Aspect Feeder Fund (532) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 1,439,828 | $ 2,786,543 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 2.99% | 3.39% | ||
Equinox Frontier Balanced Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 8,670,031 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 17.98% | |||
Equinox Frontier Balanced Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - LRR Feeder Fund (522) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 258,329 | $ 2,989,088 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.54% | 3.63% | ||
Equinox Frontier Balanced Fund [Member] | Investment In Unconsolidated Companies [Member] | |||||
Investment Owned, Fair Value | [2] | $ 3,178,176 | $ 5,965,331 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 6.60% | 7.25% | ||
Equinox Frontier Balanced Fund [Member] | Investment In Unconsolidated Companies [Member] | Equinox Frontier Trading Company XXXVIII, LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 131,195 | $ 2,561,392 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.27% | 3.11% | ||
Equinox Frontier Balanced Fund [Member] | Investment In Unconsolidated Companies [Member] | Equinox Frontier Trading Company II, LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 3,046,981 | $ 3,403,939 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 6.32% | 4.14% | ||
Equinox Frontier Balanced Fund [Member] | US Treasury Securities [Member] | |||||
Investment Owned, Fair Value | $ 663,808 | [4] | $ 9,770,117 | [5] | |
Investment Owned, % of Total Capital (Net Asset Value) | 1.38% | [4] | 11.87% | [5] | |
Equinox Frontier Balanced Fund [Member] | US Treasury Securities [Member] | Additional [Member] | |||||
Investment Owned, Underlying Face Amount, at Market Value | $ 504,145 | [4] | $ 7,571,473 | [5] | |
Investment Owned, at Cost | 670,014 | [4] | 10,628,688 | [5] | |
Equinox Frontier Balanced Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | |||||
Investment Owned, Fair Value | $ 663,808 | [4] | $ 5,071,216 | [5] | |
Investment Owned, % of Total Capital (Net Asset Value) | 1.38% | [4] | 6.16% | [5] | |
Investment Owned, Underlying Face Amount, at Market Value | $ 9,000,000 | [4] | $ 16,400,000 | [5] | |
Equinox Frontier Balanced Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | Additional [Member] | |||||
Investment Owned, Underlying Face Amount, at Market Value | 504,145 | [4] | 3,844,339 | [5] | |
Investment Owned, at Cost | 670,014 | [4] | 5,384,478 | [5] | |
Equinox Frontier Balanced Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | |||||
Investment Owned, Fair Value | [5] | $ 4,698,901 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [5] | 5.71% | |||
Investment Owned, Underlying Face Amount, at Market Value | [5] | $ 15,900,000 | |||
Equinox Frontier Balanced Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | Additional [Member] | |||||
Investment Owned, Underlying Face Amount, at Market Value | [5] | 3,727,134 | |||
Investment Owned, at Cost | [5] | 5,244,210 | |||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | |||||
Investment Owned, Fair Value | [3] | $ 184,455 | $ (13,450) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.39% | (0.03%) | ||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 61,371 | $ 11,675 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.13% | 0.01% | ||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 96,294 | $ (10,780) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.20% | (0.01%) | ||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 3,733 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.01% | |||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (1,776) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (15,653) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.03%) | |||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contract (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 31,613 | $ (54,314) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.07% | (0.07%) | ||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 4,274 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.01% | |||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (237) | $ 3,375 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | 0.00% | ||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 5,757 | $ 25,750 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.01% | 0.03% | ||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (1,525) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 604 | $ (29,115) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | (0.04%) | ||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 39,959 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.05% | |||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | |||||
Investment Owned, Fair Value | [3] | $ (39,472) | $ 302,097 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.09%) | 0.37% | ||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (66,901) | $ 81,563 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.14%) | 0.10% | ||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (28,561) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.06%) | |||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 686 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 1,509 | $ 26,568 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | 0.03% | ||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contract (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 18,277 | $ 110,548 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.04% | 0.13% | ||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 40,897 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.08% | |||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (5,167) | $ 6,253 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.01%) | 0.01% | ||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (12,435) | $ 4,790 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.03%) | 0.01% | ||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contract (Europe) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 12,909 | $ 53,851 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.03% | 0.07% | ||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts (Africa) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 2,440 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 15,398 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.02% | |||
Equinox Frontier Balanced Fund [Member] | Currency Forwards [Member] | |||||
Investment Owned, Fair Value | [3] | $ 33,569 | $ (50,986) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.07% | (0.06%) | ||
Equinox Frontier Balanced Fund [Member] | Currency Forwards [Member] | VariousCurrencyForwardsContractsNAMember | |||||
Investment Owned, Fair Value | [3] | $ 33,569 | $ (50,986) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.07% | (0.06%) | ||
Equinox Frontier Balanced Fund [Member] | Total Open Trade Equity (Deficit) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 178,552 | $ 237,661 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.37% | 0.28% | ||
Equinox Frontier Select Fund [Member] | Private Investment Companies [Member] | |||||
Investment Owned, Fair Value | [2] | $ 5,579,229 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 82.02% | |||
Equinox Frontier Select Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 3,032,072 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 44.58% | |||
Equinox Frontier Select Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 2,547,157 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 37.45% | |||
Equinox Frontier Select Fund [Member] | Investment In Unconsolidated Companies [Member] | |||||
Investment Owned, Fair Value | [2] | $ 670,863 | $ 3,910,866 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 9.87% | 24.31% | ||
Equinox Frontier Select Fund [Member] | Investment In Unconsolidated Companies [Member] | Equinox Frontier Trading Company XXXVIII, LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 91,790 | $ 763,587 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 1.35% | 4.75% | ||
Equinox Frontier Select Fund [Member] | Investment In Unconsolidated Companies [Member] | Equinox Frontier Trading Company XXXIX, LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 579,073 | $ 3,147,279 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 8.51% | 19.56% | ||
Equinox Frontier Select Fund [Member] | US Treasury Securities [Member] | |||||
Investment Owned, Fair Value | $ 464,427 | [4] | $ 2,912,611 | [5] | |
Investment Owned, % of Total Capital (Net Asset Value) | 6.83% | [4] | 18.10% | [5] | |
Equinox Frontier Select Fund [Member] | US Treasury Securities [Member] | Additional [Member] | |||||
Investment Owned, Underlying Face Amount, at Market Value | $ 352,721 | [4] | $ 2,257,163 | [5] | |
Investment Owned, at Cost | 468,769 | [4] | 3,168,562 | [5] | |
Equinox Frontier Select Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | |||||
Investment Owned, Fair Value | $ 464,427 | [4] | $ 1,511,802 | [5] | |
Investment Owned, % of Total Capital (Net Asset Value) | 6.83% | [4] | 9.40% | [5] | |
Investment Owned, Underlying Face Amount, at Market Value | $ 9,000,000 | [4] | $ 16,400,000 | [5] | |
Equinox Frontier Select Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | Additional [Member] | |||||
Investment Owned, Underlying Face Amount, at Market Value | 352,721 | [4] | 1,146,052 | [5] | |
Investment Owned, at Cost | 468,769 | [4] | 1,605,189 | [5] | |
Equinox Frontier Select Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | |||||
Investment Owned, Fair Value | [5] | $ 1,400,809 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [5] | 8.71% | |||
Investment Owned, Underlying Face Amount, at Market Value | [5] | $ 15,900,000 | |||
Equinox Frontier Select Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | Additional [Member] | |||||
Investment Owned, Underlying Face Amount, at Market Value | [5] | 1,111,111 | |||
Investment Owned, at Cost | [5] | 1,563,373 | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | |||||
Investment Owned, Fair Value | [3] | $ 471,076 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 2.93% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 56,169 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.35% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 163,930 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 1.02% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 166,812 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 1.04% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 444 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contract (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (39,001) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.24%) | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 1,894 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.01% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 56,849 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.35% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 31,540 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.20% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 4,760 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.03% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (53,378) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.33%) | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 10,283 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.06% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (503) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contract (Europe) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 1,956 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.01% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 73,909 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.46% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (41,946) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.26%) | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 4,150 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.03% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 18,191 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.11% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 1,360 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.01% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 8,788 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.05% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Precious Metal Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 1,950 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.01% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contract (Far East) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 111 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 2,808 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.02% | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | |||||
Investment Owned, Fair Value | [3] | $ 208,234 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 1.29% | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (29,896) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.19%) | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 155 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (8,823) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.05%) | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (6,019) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.04%) | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (2,802) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.02%) | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (2,456) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.02%) | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 23,255 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.14% | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (8,460) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.05%) | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 45,201 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.28% | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contract (Europe) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 29,150 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.18% | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 195 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 85,470 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.53% | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 4,623 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.03% | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ (1,211) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | (0.01%) | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts (Africa) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 46,657 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.29% | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 19,041 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.12% | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 14,154 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.09% | |||
Equinox Frontier Select Fund [Member] | Currency Forwards [Member] | |||||
Investment Owned, Fair Value | [3] | $ 6,712 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.04% | |||
Equinox Frontier Select Fund [Member] | Currency Forwards [Member] | VariousCurrencyForwardsContractsNAMember | |||||
Investment Owned, Fair Value | [3] | $ 6,712 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.04% | |||
Equinox Frontier Select Fund [Member] | Total Open Trade Equity (Deficit) [Member] | |||||
Investment Owned, Fair Value | [3] | $ 686,022 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 4.26% | |||
Equinox Frontier Winton Fund [Member] | Investment In Unconsolidated Companies [Member] | |||||
Investment Owned, Fair Value | [2] | $ 7,987,575 | $ 4,072,450 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 53.79% | 9.96% | ||
Equinox Frontier Winton Fund [Member] | Investment In Unconsolidated Companies [Member] | Equinox Frontier Trading Company XXXVIII, LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 1,120,192 | $ 4,072,450 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 7.54% | 9.96% | ||
Equinox Frontier Winton Fund [Member] | Investment In Unconsolidated Companies [Member] | Equinox Frontier Trading Company II, LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 6,867,383 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 46.25% | |||
Equinox Frontier Winton Fund [Member] | US Treasury Securities [Member] | |||||
Investment Owned, Fair Value | $ 5,667,825 | [4] | $ 15,533,863 | [5] | |
Investment Owned, % of Total Capital (Net Asset Value) | 38.17% | [4] | 38.00% | [5] | |
Equinox Frontier Winton Fund [Member] | US Treasury Securities [Member] | Additional [Member] | |||||
Investment Owned, Underlying Face Amount, at Market Value | $ 4,304,570 | [4] | $ 12,038,159 | [5] | |
Investment Owned, at Cost | 5,720,817 | [4] | 16,898,936 | [5] | |
Equinox Frontier Winton Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | |||||
Investment Owned, Fair Value | $ 5,667,825 | [4] | $ 8,062,911 | [5] | |
Investment Owned, % of Total Capital (Net Asset Value) | 38.17% | [4] | 19.73% | [5] | |
Investment Owned, Underlying Face Amount, at Market Value | $ 9,000,000 | [4] | $ 16,400,000 | [5] | |
Equinox Frontier Winton Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | Additional [Member] | |||||
Investment Owned, Underlying Face Amount, at Market Value | 4,304,570 | [4] | 6,112,254 | [5] | |
Investment Owned, at Cost | 5,720,817 | [4] | 8,560,976 | [5] | |
Equinox Frontier Winton Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | |||||
Investment Owned, Fair Value | [5] | $ 7,470,952 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [5] | 18.28% | |||
Investment Owned, Underlying Face Amount, at Market Value | [5] | $ 15,900,000 | |||
Equinox Frontier Winton Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | Additional [Member] | |||||
Investment Owned, Underlying Face Amount, at Market Value | [5] | 5,925,905 | |||
Investment Owned, at Cost | [5] | 8,337,960 | |||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | |||||
Investment Owned, Fair Value | [2] | $ 383,746 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.94% | |||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [2] | $ (88,088) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | (0.22%) | |||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [2] | $ 65,612 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.16% | |||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [2] | $ 88,638 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.22% | |||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [2] | $ (341) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.00% | |||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contract (U.S.) [Member] | |||||
Investment Owned, Fair Value | [2] | $ (84,938) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | (0.21%) | |||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [2] | $ (969) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.00% | |||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [2] | $ 242,128 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.59% | |||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [2] | $ 305,316 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.75% | |||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [2] | $ 57,116 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.14% | |||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [2] | $ (201,831) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | (0.49%) | |||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Precious Metal Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [2] | $ (3,860) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | (0.01%) | |||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [2] | $ 7,094 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.02% | |||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [2] | $ (2,131) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | (0.01%) | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | |||||
Investment Owned, Fair Value | [2] | $ 739,920 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 1.80% | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [2] | $ (252,279) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | (0.62%) | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [2] | $ (82,280) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | (0.20%) | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [2] | $ (8,794) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | (0.02%) | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [2] | $ (11,060) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | (0.03%) | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [2] | $ (2,831) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | (0.01%) | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contract (U.S.) [Member] | |||||
Investment Owned, Fair Value | [2] | $ 291,378 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.71% | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [2] | $ (7,228) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | (0.02%) | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [2] | $ 9,590 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.02% | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [2] | $ (1,012) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.00% | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [2] | $ 174,345 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.43% | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contract (Europe) [Member] | |||||
Investment Owned, Fair Value | [2] | $ 44,780 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.11% | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [2] | $ 11,540 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.03% | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [2] | $ 272,806 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.67% | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [2] | $ 2,980 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.01% | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [2] | $ 127,078 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.31% | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts (Africa) [Member] | |||||
Investment Owned, Fair Value | [2] | $ 2,019 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.00% | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [2] | $ 168,888 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.41% | |||
Equinox Frontier Winton Fund [Member] | Currency Forwards [Member] | |||||
Investment Owned, Fair Value | [2] | $ 98,858 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.24% | |||
Equinox Frontier Winton Fund [Member] | Currency Forwards [Member] | VariousCurrencyForwardsContractsNAMember | |||||
Investment Owned, Fair Value | [2] | $ 98,858 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 0.24% | |||
Equinox Frontier Winton Fund [Member] | Total Open Trade Equity (Deficit) [Member] | |||||
Investment Owned, Fair Value | [2] | $ 1,222,524 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 2.98% | |||
Equinox Frontier Heritage Fund [Member] | Swap [Member] | |||||
Investment Owned, Fair Value | [1] | $ 3,094,367 | $ 8,391,414 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 45.63% | 62.60% | ||
Equinox Frontier Heritage Fund [Member] | Swap [Member] | Frontier Brevan Howard Swap (U.S.) [Member] | |||||
Investment Owned, Fair Value | [1] | $ 3,094,367 | $ 8,391,414 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 45.63% | 62.60% | ||
Equinox Frontier Heritage Fund [Member] | Private Investment Companies [Member] | |||||
Investment Owned, Fair Value | [2] | $ 2,772,993 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 40.89% | |||
Equinox Frontier Heritage Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 2,772,993 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 40.89% | |||
Equinox Frontier Heritage Fund [Member] | Investment In Unconsolidated Companies [Member] | |||||
Investment Owned, Fair Value | [2] | $ 1,546,974 | $ 2,744,640 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 22.81% | 20.48% | ||
Equinox Frontier Heritage Fund [Member] | Investment In Unconsolidated Companies [Member] | Equinox Frontier Trading Company XXXVIII, LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 206,903 | $ 970,510 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 3.05% | 7.24% | ||
Equinox Frontier Heritage Fund [Member] | Investment In Unconsolidated Companies [Member] | Equinox Frontier Trading Company II, LLC [Member] | |||||
Investment Owned, Fair Value | [2] | $ 1,340,071 | $ 1,774,130 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 19.76% | 13.24% | ||
Equinox Frontier Heritage Fund [Member] | US Treasury Securities [Member] | |||||
Investment Owned, Fair Value | $ 1,046,861 | [4] | $ 3,701,890 | [5] | |
Investment Owned, % of Total Capital (Net Asset Value) | 15.44% | [4] | 27.61% | [5] | |
Equinox Frontier Heritage Fund [Member] | US Treasury Securities [Member] | Additional [Member] | |||||
Investment Owned, Underlying Face Amount, at Market Value | $ 795,065 | [4] | $ 2,868,825 | [5] | |
Investment Owned, at Cost | 1,056,649 | [4] | 4,027,201 | [5] | |
Equinox Frontier Heritage Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | |||||
Investment Owned, Fair Value | $ 1,046,861 | [4] | $ 1,921,480 | [5] | |
Investment Owned, % of Total Capital (Net Asset Value) | 15.44% | [4] | 14.33% | [5] | |
Investment Owned, Underlying Face Amount, at Market Value | $ 9,000,000 | [4] | $ 16,400,000 | [5] | |
Equinox Frontier Heritage Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | Additional [Member] | |||||
Investment Owned, Underlying Face Amount, at Market Value | 795,065 | [4] | 1,456,617 | [5] | |
Investment Owned, at Cost | 1,056,649 | [4] | 2,040,174 | [5] | |
Equinox Frontier Heritage Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | |||||
Investment Owned, Fair Value | [5] | $ 1,780,410 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [5] | 13.28% | |||
Investment Owned, Underlying Face Amount, at Market Value | [5] | $ 15,900,000 | |||
Equinox Frontier Heritage Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | Additional [Member] | |||||
Investment Owned, Underlying Face Amount, at Market Value | [5] | 1,412,208 | |||
Investment Owned, at Cost | [5] | 1,987,027 | |||
Frontier Trading Company I, LLC [Member] | Long Futures Contracts [Member] | |||||
Investment Owned, Fair Value | [6] | $ 184,455 | $ (13,450) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 2.41% | (0.20%) | ||
Frontier Trading Company I, LLC [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 61,371 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.80% | |||
Frontier Trading Company I, LLC [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 96,294 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 1.26% | |||
Frontier Trading Company I, LLC [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 3,733 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.05% | |||
Frontier Trading Company I, LLC [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (1,776) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.02%) | |||
Frontier Trading Company I, LLC [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (15,653) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.21%) | |||
Frontier Trading Company I, LLC [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 4,274 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.06% | |||
Frontier Trading Company I, LLC [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (237) | $ 3,375 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.00% | 0.05% | ||
Frontier Trading Company I, LLC [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 5,757 | $ 25,750 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.08% | 0.37% | ||
Frontier Trading Company I, LLC [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (1,525) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.02%) | |||
Frontier Trading Company I, LLC [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 604 | $ (29,115) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.00% | (0.42%) | ||
Frontier Trading Company I, LLC [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 39,959 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.58% | |||
Frontier Trading Company I, LLC [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 31,613 | $ (54,314) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.41% | (0.79%) | ||
Frontier Trading Company I, LLC [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (10,780) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.16%) | |||
Frontier Trading Company I, LLC [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 11,675 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.17% | |||
Frontier Trading Company I, LLC [Member] | Short Futures Contracts [Member] | |||||
Investment Owned, Fair Value | [6] | $ (39,472) | $ 302,097 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.52%) | 4.39% | ||
Frontier Trading Company I, LLC [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (66,901) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.88%) | |||
Frontier Trading Company I, LLC [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (28,561) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.37%) | |||
Frontier Trading Company I, LLC [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 686 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.01% | |||
Frontier Trading Company I, LLC [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 1,509 | $ 26,568 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.02% | 0.39% | ||
Frontier Trading Company I, LLC [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 40,897 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.54% | |||
Frontier Trading Company I, LLC [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (5,167) | $ 6,253 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.07%) | 0.09% | ||
Frontier Trading Company I, LLC [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (12,435) | $ 4,790 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.16%) | 0.07% | ||
Frontier Trading Company I, LLC [Member] | Short Futures Contracts [Member] | Various Soft Futures Contract (Europe) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 12,909 | $ 53,851 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.17% | 0.78% | ||
Frontier Trading Company I, LLC [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts (Africa) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 2,440 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.04% | |||
Frontier Trading Company I, LLC [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 18,277 | $ 125,946 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.24% | 1.83% | ||
Frontier Trading Company I, LLC [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 81,563 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 1.18% | |||
Frontier Trading Company I, LLC [Member] | Currency Forwards [Member] | |||||
Investment Owned, Fair Value | [6] | $ 33,569 | $ (50,986) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.44% | (0.74%) | ||
Frontier Trading Company I, LLC [Member] | Currency Forwards [Member] | VariousCurrencyForwardsContractsNAMember | |||||
Investment Owned, Fair Value | [6] | $ 33,569 | $ (50,986) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.44% | (0.74%) | ||
Frontier Trading Company I, LLC [Member] | Total Open Trade Equity (Deficit) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 178,552 | $ 237,661 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 2.33% | 3.45% | ||
Frontier Trading Company II, LLC [Member] | Long Futures Contracts [Member] | |||||
Investment Owned, Fair Value | [6] | $ 1,523,129 | $ 383,746 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 10.50% | 2.00% | ||
Frontier Trading Company II, LLC [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 1,027,451 | $ (88,088) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 7.09% | (0.46%) | ||
Frontier Trading Company II, LLC [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 417,319 | $ 65,612 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 2.88% | 0.34% | ||
Frontier Trading Company II, LLC [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (121,959) | $ 88,638 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.84%) | 0.46% | ||
Frontier Trading Company II, LLC [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (2,980) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.02%) | |||
Frontier Trading Company II, LLC [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (7,727) | $ (341) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.05%) | 0.00% | ||
Frontier Trading Company II, LLC [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 1,331 | $ (969) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.01% | (0.01%) | ||
Frontier Trading Company II, LLC [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (104,401) | $ 242,128 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.72%) | 1.26% | ||
Frontier Trading Company II, LLC [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 90,646 | $ 305,316 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.63% | 1.59% | ||
Frontier Trading Company II, LLC [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 4,340 | $ 57,116 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.03% | 0.30% | ||
Frontier Trading Company II, LLC [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 196,624 | $ (201,831) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 1.36% | (1.05%) | ||
Frontier Trading Company II, LLC [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (52,460) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.36%) | |||
Frontier Trading Company II, LLC [Member] | Long Futures Contracts [Member] | Various Precious Metal Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 18,190 | $ (3,860) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.13% | (0.02%) | ||
Frontier Trading Company II, LLC [Member] | Long Futures Contracts [Member] | Various Soft Futures Contract (Europe) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (372) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.00% | |||
Frontier Trading Company II, LLC [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 18,470 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.13% | |||
Frontier Trading Company II, LLC [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 27,263 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.19% | |||
Frontier Trading Company II, LLC [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 20,670 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.14% | |||
Frontier Trading Company II, LLC [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (11,873) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.08%) | |||
Frontier Trading Company II, LLC [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (25,875) | $ 7,094 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.18%) | 0.04% | ||
Frontier Trading Company II, LLC [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Africa) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 4,465 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.03% | |||
Frontier Trading Company II, LLC [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 24,008 | $ (84,938) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.17% | (0.44%) | ||
Frontier Trading Company II, LLC [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (2,131) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.01%) | |||
Frontier Trading Company II, LLC [Member] | Short Futures Contracts [Member] | |||||
Investment Owned, Fair Value | [6] | $ (522,172) | $ 739,920 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (3.60%) | 3.85% | ||
Frontier Trading Company II, LLC [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (344,369) | $ (252,279) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (2.38%) | (1.31%) | ||
Frontier Trading Company II, LLC [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (48,610) | $ (82,280) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.34%) | (0.43%) | ||
Frontier Trading Company II, LLC [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (6,824) | $ (8,794) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.05%) | (0.05%) | ||
Frontier Trading Company II, LLC [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (11,060) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.06%) | |||
Frontier Trading Company II, LLC [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (2,831) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.01%) | |||
Frontier Trading Company II, LLC [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (45,128) | $ (7,228) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.31%) | (0.04%) | ||
Frontier Trading Company II, LLC [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 9,590 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.05% | |||
Frontier Trading Company II, LLC [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 728 | $ (1,012) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.01% | (0.01%) | ||
Frontier Trading Company II, LLC [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (141,150) | $ 174,345 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.97%) | 0.91% | ||
Frontier Trading Company II, LLC [Member] | Short Futures Contracts [Member] | Various Soft Futures Contract (Europe) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 23,011 | $ 44,780 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.16% | 0.23% | ||
Frontier Trading Company II, LLC [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 11,540 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.06% | |||
Frontier Trading Company II, LLC [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (89,175) | $ 272,806 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.62%) | 1.42% | ||
Frontier Trading Company II, LLC [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 2,980 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.02% | |||
Frontier Trading Company II, LLC [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 104,111 | $ 127,078 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.72% | 0.66% | ||
Frontier Trading Company II, LLC [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts (Africa) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 2,019 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.01% | |||
Frontier Trading Company II, LLC [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (50,066) | $ 168,888 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.35%) | 0.88% | ||
Frontier Trading Company II, LLC [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 75,299 | $ 291,378 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.52% | 1.52% | ||
Frontier Trading Company II, LLC [Member] | Currency Forwards [Member] | |||||
Investment Owned, Fair Value | [6] | $ 388,905 | $ 98,858 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 2.68% | 0.51% | ||
Frontier Trading Company II, LLC [Member] | Currency Forwards [Member] | VariousCurrencyForwardsContractsNAMember | |||||
Investment Owned, Fair Value | [6] | $ 388,905 | $ 98,858 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 2.68% | 0.51% | ||
Frontier Trading Company II, LLC [Member] | Total Open Trade Equity (Deficit) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 1,389,862 | $ 1,222,524 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 9.59% | 6.36% | ||
Frontier Trading Company XXXVIII LLC [Member] | Private Investment Companies [Member] | |||||
Investment Owned, Fair Value | $ 2,151,869 | $ 11,184,103 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 100.00% | 100.00% | |||
Frontier Trading Company XXXVIII LLC [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Quest FIT Feeder Fund (535) LLC [Member] | |||||
Investment Owned, Fair Value | $ 2,151,869 | $ 11,184,103 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 100.00% | 100.00% | |||
Frontier Trading Company XXXVIII LLC [Member] | Short Futures Contracts [Member] | |||||
Investment Owned, Fair Value | [6] | $ (105,220) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.94%) | |||
Frontier Trading Company XXXVIII LLC [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (78,550) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.70%) | |||
Frontier Trading Company XXXVIII LLC [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (12,346) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.11%) | |||
Frontier Trading Company XXXVIII LLC [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 22,855 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.20% | |||
Frontier Trading Company XXXVIII LLC [Member] | Short Futures Contracts [Member] | Various Soft Futures Contract (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 1,352 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.01% | |||
Frontier Trading Company XXXVIII LLC [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (61,095) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.55%) | |||
Frontier Trading Company XXXVIII LLC [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (17,459) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.16%) | |||
Frontier Trading Company XXXVIII LLC [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 38,410 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.34% | |||
Frontier Trading Company XXXVIII LLC [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (8,770) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.08%) | |||
Frontier Trading Company XXXVIII LLC [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 10,383 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.09% | |||
Frontier Trading Company XXXVIII LLC [Member] | Total Open Trade Equity (Deficit) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (105,220) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.94%) | |||
Frontier Trading Company XXXIV LLC [Member] | Swap [Member] | |||||
Investment Owned, Fair Value | $ 11,340,959 | $ 14,012,895 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 176.80% | 100.00% | |||
Frontier Trading Company XXXIV LLC [Member] | Swap [Member] | Frontier XXXIV Balanced Select Swap (U.S.) [Member] | |||||
Investment Owned, Fair Value | $ 11,340,959 | $ 14,012,895 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 176.80% | 100.00% | |||
Frontier Trading Company XXXV LLC [Member] | Swap [Member] | |||||
Investment Owned, Fair Value | $ 6,376,472 | $ 8,637,847 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 164.49% | 140.73% | |||
Frontier Trading Company XXXV LLC [Member] | Swap [Member] | Frontier XXXV Diversified select swap (U.S.) [Member] | |||||
Investment Owned, Fair Value | $ 6,376,472 | $ 8,637,847 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 164.49% | 140.73% | |||
Frontier Trading Company XXXVII LLC [Member] | Swap [Member] | |||||
Investment Owned, Fair Value | $ 397,039 | $ 4,105,468 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 140.77% | 100.00% | |||
Frontier Trading Company XXXVII LLC [Member] | Swap [Member] | Frontier XXXVII L/S select swap (U.S.) [Member] | |||||
Investment Owned, Fair Value | $ 397,039 | $ 4,105,468 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 140.77% | 100.00% | |||
Frontier Trading Company XXXIX LLC [Member] | Swap [Member] | |||||
Investment Owned, Fair Value | $ 3,094,367 | $ 6,491,414 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 259.08% | 100.00% | |||
Frontier Trading Company XXXIX LLC [Member] | Swap [Member] | Frontier XXXVII Heritage Select Swap (U.S.) [Member] | |||||
Investment Owned, Fair Value | $ 3,094,367 | $ 6,491,414 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 259.08% | 100.00% | |||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | |||||
Investment Owned, Fair Value | $ 69,563 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 3.61% | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Long [Member] | |||||
Investment Owned, Fair Value | $ 174,968 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 9.09% | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Short [Member] | |||||
Investment Owned, Fair Value | $ (105,405) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (5.48%) | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | |||||
Number of Contracts/Units | Contract | 10,098 | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Long [Member] | Currency [Member] | |||||
Number of Contracts/Units | Contract | 30 | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Long [Member] | Energy [Member] | |||||
Number of Contracts/Units | Contract | 22 | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Long [Member] | Index [Member] | |||||
Number of Contracts/Units | Contract | 69 | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Long [Member] | Interest [Member] | |||||
Number of Contracts/Units | Contract | 82 | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Long [Member] | Metals [Member] | |||||
Number of Contracts/Units | Contract | 12 | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Currency [Member] | |||||
Investment Owned, Fair Value | $ 67,666 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 3.52% | ||||
Number of Contracts/Units | Contract | 30 | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ 44,266 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 2.30% | ||||
Number of Contracts/Units | Contract | 13 | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Index [Member] | |||||
Investment Owned, Fair Value | $ 33,466 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.74% | ||||
Number of Contracts/Units | Contract | 29 | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ 1,531 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.08% | ||||
Number of Contracts/Units | Contract | 4 | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Metals [Member] | |||||
Investment Owned, Fair Value | $ 13,088 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.68% | ||||
Number of Contracts/Units | Contract | 5 | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Long [Member] | Foreign [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ 31,710 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.65% | ||||
Number of Contracts/Units | Contract | 9 | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Long [Member] | Foreign [Member] | Index [Member] | |||||
Investment Owned, Fair Value | $ 22,795 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.18% | ||||
Number of Contracts/Units | Contract | 40 | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Long [Member] | Foreign [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ (76,750) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (3.99%) | ||||
Number of Contracts/Units | Contract | 78 | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Long [Member] | Foreign [Member] | Metals [Member] | |||||
Investment Owned, Fair Value | $ 37,196 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.93% | ||||
Number of Contracts/Units | Contract | 7 | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Short [Member] | Currency [Member] | |||||
Number of Contracts/Units | Contract | 89 | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Short [Member] | Energy [Member] | |||||
Number of Contracts/Units | Contract | 11 | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Short [Member] | Interest [Member] | |||||
Number of Contracts/Units | Contract | 164 | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Short [Member] | Metals [Member] | |||||
Number of Contracts/Units | Contract | 3 | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Short [Member] | Agriculturals [Member] | |||||
Number of Contracts/Units | Contract | 47 | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Currency [Member] | |||||
Investment Owned, Fair Value | [7] | $ (105,265) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [7] | (5.48%) | |||
Number of Contracts/Units | Contract | [7] | 89 | |||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ (17,250) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.90%) | ||||
Number of Contracts/Units | Contract | 11 | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ 29,773 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.55% | ||||
Number of Contracts/Units | Contract | 150 | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Metals [Member] | |||||
Investment Owned, Fair Value | $ (7,325) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.38%) | ||||
Number of Contracts/Units | Contract | 1 | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Agriculturals [Member] | |||||
Investment Owned, Fair Value | $ 9,923 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.52% | ||||
Number of Contracts/Units | Contract | 47 | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Short [Member] | Foreign [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ (804) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.04%) | ||||
Number of Contracts/Units | Contract | 14 | ||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Short [Member] | Foreign [Member] | Metals [Member] | |||||
Investment Owned, Fair Value | $ (14,457) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.75%) | ||||
Number of Contracts/Units | Contract | 2 | ||||
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | |||||
Investment Owned, Fair Value | $ (11,814) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.31% | ||||
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Long [Member] | |||||
Investment Owned, Fair Value | $ 36,236 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.96% | ||||
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Short [Member] | |||||
Investment Owned, Fair Value | $ (48,050) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (1.27%) | ||||
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Futures Contracts [Member] | |||||
Number of Contracts/Units | Contract | 480 | ||||
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Futures Contracts [Member] | Long [Member] | Index [Member] | |||||
Number of Contracts/Units | Contract | 4 | ||||
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Index [Member] | |||||
Investment Owned, Fair Value | $ 738 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.02% | ||||
Number of Contracts/Units | Contract | 4 | ||||
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Options Purchased [Member] | |||||
Number of Contracts/Units | Contract | 6,032 | ||||
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Options Purchased [Member] | Long [Member] | Domestic (United States) [Member] | Index [Member] | |||||
Investment Owned, Fair Value | $ 35,498 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.94% | ||||
Number of Contracts/Units | Contract | 91 | ||||
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Options Written [Member] | Short [Member] | Domestic (United States) [Member] | Index [Member] | |||||
Investment Owned, Fair Value | $ (48,050) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (1.27%) | ||||
Number of Contracts/Units | Contract | 948 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | |||||
Investment Owned, Fair Value | $ 2,850,140 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 43.41% | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Long [Member] | |||||
Investment Owned, Fair Value | $ 10,814,314 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 164.69% | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Short [Member] | |||||
Investment Owned, Fair Value | $ (7,964,174) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (121.28%) | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | |||||
Number of Contracts/Units | Contract | 9,953 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Long [Member] | Energy [Member] | |||||
Number of Contracts/Units | Contract | 2,329 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Long [Member] | Interest [Member] | |||||
Number of Contracts/Units | Contract | 392 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Long [Member] | Metals [Member] | |||||
Number of Contracts/Units | Contract | 98 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Long [Member] | Agriculturals [Member] | |||||
Number of Contracts/Units | Contract | 521 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ (66,030) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (1.01%) | ||||
Number of Contracts/Units | Contract | 392 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Metals [Member] | |||||
Investment Owned, Fair Value | $ 209,082 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 3.18% | ||||
Number of Contracts/Units | Contract | 98 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Agriculturals [Member] | |||||
Investment Owned, Fair Value | [8],[9] | $ 376,244 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [8],[9] | 5.73% | |||
Number of Contracts/Units | Contract | [8],[9] | 521 | |||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Short [Member] | Energy [Member] | |||||
Number of Contracts/Units | Contract | 2,148 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Short [Member] | Interest [Member] | |||||
Number of Contracts/Units | Contract | 392 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Short [Member] | Metals [Member] | |||||
Number of Contracts/Units | Contract | 46 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Short [Member] | Agriculturals [Member] | |||||
Number of Contracts/Units | Contract | 470 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ 38,267 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.58% | ||||
Number of Contracts/Units | Contract | 392 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Metals [Member] | |||||
Investment Owned, Fair Value | [9],[10] | $ (343,375) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [9],[10] | (5.23%) | |||
Number of Contracts/Units | Contract | [9],[10] | 46 | |||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Agriculturals [Member] | |||||
Investment Owned, Fair Value | $ (25,303) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.39%) | ||||
Number of Contracts/Units | Contract | 470 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Crude Maturing March 2018 [Member] | Long [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ 6,015,155 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 91.62% | ||||
Number of Contracts/Units | Contract | 1,539 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Crude Maturing June 2018 [Member] | Long [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ 1,926,880 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 29.34% | ||||
Number of Contracts/Units | Contract | 270 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Crude Maturing July 2018 [Member] | Long [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ 575,818 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 8.77% | ||||
Number of Contracts/Units | Contract | 260 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | NY Harbor Ultra Low Sulfur Diesel Maturing June 2018 [Member] | Long [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ 607,992 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 9.26% | ||||
Number of Contracts/Units | Contract | 55 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | NY Harbor Ultra Low Sulfur Diesel Other maturities [Member] | Long [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | [10] | $ 389,650 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [10] | 5.93% | |||
Number of Contracts/Units | Contract | [10] | 147 | |||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Other [Member] | Long [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ 151,983 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 2.31% | ||||
Number of Contracts/Units | Contract | 58 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Other [Member] | Short [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ (176,868) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (2.69%) | ||||
Number of Contracts/Units | Contract | 56 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Crude Maturing February 2018 [Member] | Short [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ (6,405,932) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (97.55%) | ||||
Number of Contracts/Units | Contract | 2,037 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | NY Harbor Ultra Low Sulfur Diesel Maturing April 2018 [Member] | Short [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ (640,563) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (9.75%) | ||||
Number of Contracts/Units | Contract | 55 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Options Purchased [Member] | |||||
Number of Contracts/Units | Contract | 38 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Options Purchased [Member] | Crude Maturing March 2018 [Member] | Long [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ 627,540 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 9.56% | ||||
Number of Contracts/Units | Contract | 1,734 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Options Written [Member] | Crude Maturing March 2018 [Member] | Short [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ (410,400) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (6.25%) | ||||
Number of Contracts/Units | Contract | 540 | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | |||||
Investment Owned, Fair Value | $ 57,672 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.64% | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Long [Member] | |||||
Investment Owned, Fair Value | $ 167,464 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.86% | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Short [Member] | |||||
Investment Owned, Fair Value | $ (109,792) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (1.22%) | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | |||||
Number of Contracts/Units | Contract | 22,176 | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Long [Member] | Currency [Member] | |||||
Number of Contracts/Units | Contract | 37 | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Long [Member] | Energy [Member] | |||||
Number of Contracts/Units | Contract | 29 | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Long [Member] | Index [Member] | |||||
Number of Contracts/Units | Contract | 163 | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Long [Member] | Interest [Member] | |||||
Number of Contracts/Units | Contract | 1,061 | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Long [Member] | Metals [Member] | |||||
Number of Contracts/Units | Contract | 3 | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Currency [Member] | |||||
Investment Owned, Fair Value | $ 55,776 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.62% | ||||
Number of Contracts/Units | Contract | 37 | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ 72,731 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.80% | ||||
Number of Contracts/Units | Contract | 20 | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Index [Member] | |||||
Investment Owned, Fair Value | $ 45,012 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.50% | ||||
Number of Contracts/Units | Contract | 39 | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ (10,728) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.12%) | ||||
Number of Contracts/Units | Contract | 78 | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Metals [Member] | |||||
Investment Owned, Fair Value | $ 14,913 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.17% | ||||
Number of Contracts/Units | Contract | 3 | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Long [Member] | Foreign [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ 9,200 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.10% | ||||
Number of Contracts/Units | Contract | 9 | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Long [Member] | Foreign [Member] | Index [Member] | |||||
Investment Owned, Fair Value | $ 22,668 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.25% | ||||
Number of Contracts/Units | Contract | 124 | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Long [Member] | Foreign [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ (42,108) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.46%) | ||||
Number of Contracts/Units | Contract | 983 | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Short [Member] | Currency [Member] | |||||
Number of Contracts/Units | Contract | 105 | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Short [Member] | Energy [Member] | |||||
Number of Contracts/Units | Contract | 18 | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Short [Member] | Index [Member] | |||||
Number of Contracts/Units | Contract | 3 | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Short [Member] | Interest [Member] | |||||
Number of Contracts/Units | Contract | 153 | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Currency [Member] | |||||
Investment Owned, Fair Value | $ (55,124) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.61%) | ||||
Number of Contracts/Units | Contract | 105 | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ (51,880) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.58%) | ||||
Number of Contracts/Units | Contract | 18 | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Index [Member] | |||||
Investment Owned, Fair Value | $ (738) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.01%) | ||||
Number of Contracts/Units | Contract | 3 | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ (928) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.01%) | ||||
Number of Contracts/Units | Contract | 96 | ||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Short [Member] | Foreign [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ (1,122) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.01%) | ||||
Number of Contracts/Units | Contract | 57 | ||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | |||||
Investment Owned, Fair Value | $ 134,342 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 8.99% | ||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Long [Member] | |||||
Investment Owned, Fair Value | $ 96,847 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 6.48% | ||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Short [Member] | |||||
Investment Owned, Fair Value | $ 37,495 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 2.51% | ||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | |||||
Number of Contracts/Units | Contract | 1,063 | ||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Long [Member] | Currency [Member] | |||||
Number of Contracts/Units | Contract | 3 | ||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Long [Member] | Energy [Member] | |||||
Number of Contracts/Units | Contract | 12 | ||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Long [Member] | Metals [Member] | |||||
Number of Contracts/Units | Contract | 11 | ||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Long [Member] | Agriculturals [Member] | |||||
Number of Contracts/Units | Contract | 48 | ||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Currency [Member] | |||||
Investment Owned, Fair Value | $ 510 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.03% | ||||
Number of Contracts/Units | Contract | 3 | ||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ 34,731 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 2.33% | ||||
Number of Contracts/Units | Contract | 12 | ||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Metals [Member] | |||||
Investment Owned, Fair Value | $ 19,155 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.28% | ||||
Number of Contracts/Units | Contract | 5 | ||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Agriculturals [Member] | |||||
Investment Owned, Fair Value | $ 11,176 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.75% | ||||
Number of Contracts/Units | Contract | 48 | ||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Long [Member] | Foreign [Member] | Metals [Member] | |||||
Investment Owned, Fair Value | $ 31,275 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 2.09% | ||||
Number of Contracts/Units | Contract | 6 | ||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Short [Member] | Currency [Member] | |||||
Number of Contracts/Units | Contract | 2 | ||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Short [Member] | Interest [Member] | |||||
Number of Contracts/Units | Contract | 48 | ||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Short [Member] | Metals [Member] | |||||
Number of Contracts/Units | Contract | 1 | ||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Short [Member] | Agriculturals [Member] | |||||
Number of Contracts/Units | Contract | 22 | ||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Currency [Member] | |||||
Investment Owned, Fair Value | $ 174 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.01% | ||||
Number of Contracts/Units | Contract | 2 | ||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ (3,396) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.23%) | ||||
Number of Contracts/Units | Contract | 14 | ||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Agriculturals [Member] | |||||
Investment Owned, Fair Value | $ 39,702 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 2.66% | ||||
Number of Contracts/Units | Contract | 22 | ||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Short [Member] | Foreign [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ 29,021 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.94% | ||||
Number of Contracts/Units | Contract | 34 | ||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Short [Member] | Foreign [Member] | Metals [Member] | |||||
Investment Owned, Fair Value | $ (6) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Number of Contracts/Units | Contract | 1 | ||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Options Purchased [Member] | |||||
Number of Contracts/Units | Contract | 124 | ||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Options Written [Member] | Short [Member] | Domestic (United States) [Member] | Agriculturals [Member] | |||||
Investment Owned, Fair Value | $ (28,000) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (1.87%) | ||||
Number of Contracts/Units | Contract | 20 | ||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | |||||
Investment Owned, Fair Value | $ 542,231 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 4.99% | ||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Long [Member] | |||||
Investment Owned, Fair Value | $ 551,949 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 5.08% | ||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Short [Member] | |||||
Investment Owned, Fair Value | $ (9,718) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.09%) | ||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | |||||
Number of Contracts/Units | Contract | 32,525 | ||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Long [Member] | Currency [Member] | |||||
Number of Contracts/Units | Contract | 106 | ||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Long [Member] | Index [Member] | |||||
Number of Contracts/Units | Contract | 125 | ||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Long [Member] | Interest [Member] | |||||
Number of Contracts/Units | Contract | 464 | ||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Long [Member] | Metals [Member] | |||||
Number of Contracts/Units | Contract | 109 | ||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Currency [Member] | |||||
Investment Owned, Fair Value | $ 125,917 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.16% | ||||
Number of Contracts/Units | Contract | 106 | ||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Index [Member] | |||||
Investment Owned, Fair Value | $ (22,026) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.20%) | ||||
Number of Contracts/Units | Contract | 46 | ||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ 89,793 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.83% | ||||
Number of Contracts/Units | Contract | 405 | ||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Metals [Member] | |||||
Investment Owned, Fair Value | $ 414,181 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 3.80% | ||||
Number of Contracts/Units | Contract | 109 | ||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Long [Member] | Foreign [Member] | Index [Member] | |||||
Investment Owned, Fair Value | $ 15,260 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.14% | ||||
Number of Contracts/Units | Contract | 79 | ||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Long [Member] | Foreign [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ (71,176) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.65%) | ||||
Number of Contracts/Units | Contract | 59 | ||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Short [Member] | Currency [Member] | |||||
Number of Contracts/Units | Contract | 35 | ||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Short [Member] | Energy [Member] | |||||
Number of Contracts/Units | Contract | 43 | ||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Short [Member] | Index [Member] | |||||
Number of Contracts/Units | Contract | 59 | ||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Short [Member] | Interest [Member] | |||||
Number of Contracts/Units | Contract | 249 | ||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Currency [Member] | |||||
Investment Owned, Fair Value | $ (17,741) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.16%) | ||||
Number of Contracts/Units | Contract | 35 | ||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ (52,091) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.48%) | ||||
Number of Contracts/Units | Contract | 37 | ||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Index [Member] | |||||
Investment Owned, Fair Value | $ 13,518 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.12% | ||||
Number of Contracts/Units | Contract | 21 | ||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Short [Member] | Foreign [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ (8,110) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.07%) | ||||
Number of Contracts/Units | Contract | 6 | ||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Short [Member] | Foreign [Member] | Index [Member] | |||||
Investment Owned, Fair Value | $ 27,988 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.25% | ||||
Number of Contracts/Units | Contract | 38 | ||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Short [Member] | Foreign [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ 26,718 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.25% | ||||
Number of Contracts/Units | Contract | 249 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | |||||
Investment Owned, Fair Value | $ 67,465 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 8.86% | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Long [Member] | |||||
Investment Owned, Fair Value | $ 82,443 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 10.83% | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Short [Member] | |||||
Investment Owned, Fair Value | $ (14,978) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (1.97%) | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | |||||
Number of Contracts/Units | Contract | 4,011 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Long [Member] | Currency [Member] | |||||
Number of Contracts/Units | Contract | 18 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Long [Member] | Energy [Member] | |||||
Number of Contracts/Units | Contract | 9 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Long [Member] | Index [Member] | |||||
Number of Contracts/Units | Contract | 30 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Long [Member] | Interest [Member] | |||||
Number of Contracts/Units | Contract | 18 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Long [Member] | Metals [Member] | |||||
Number of Contracts/Units | Contract | 4 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Long [Member] | Agriculturals [Member] | |||||
Number of Contracts/Units | Contract | 5 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Currency [Member] | |||||
Investment Owned, Fair Value | $ 25,241 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 3.31% | ||||
Number of Contracts/Units | Contract | 18 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ 19,096 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 2.51% | ||||
Number of Contracts/Units | Contract | 6 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Index [Member] | |||||
Investment Owned, Fair Value | $ 7,303 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.96% | ||||
Number of Contracts/Units | Contract | 6 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ 1,563 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.21% | ||||
Number of Contracts/Units | Contract | 2 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Metals [Member] | |||||
Investment Owned, Fair Value | $ 15,185 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.99% | ||||
Number of Contracts/Units | Contract | 4 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Agriculturals [Member] | |||||
Investment Owned, Fair Value | $ 3,708 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.49% | ||||
Number of Contracts/Units | Contract | 5 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Long [Member] | Foreign [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ 7,995 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.05% | ||||
Number of Contracts/Units | Contract | 3 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Long [Member] | Foreign [Member] | Index [Member] | |||||
Investment Owned, Fair Value | $ 4,801 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.63% | ||||
Number of Contracts/Units | Contract | 24 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Long [Member] | Foreign [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ (2,449) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.32%) | ||||
Number of Contracts/Units | Contract | 16 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Short [Member] | Currency [Member] | |||||
Number of Contracts/Units | Contract | 11 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Short [Member] | Energy [Member] | |||||
Number of Contracts/Units | Contract | 7 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Short [Member] | Index [Member] | |||||
Number of Contracts/Units | Contract | 1 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Short [Member] | Interest [Member] | |||||
Number of Contracts/Units | Contract | 81 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Short [Member] | Agriculturals [Member] | |||||
Number of Contracts/Units | Contract | 18 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Currency [Member] | |||||
Investment Owned, Fair Value | $ (5,138) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.67%) | ||||
Number of Contracts/Units | Contract | 11 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ (22,402) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (2.95%) | ||||
Number of Contracts/Units | Contract | 7 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ 4,152 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.54% | ||||
Number of Contracts/Units | Contract | 41 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Agriculturals [Member] | |||||
Investment Owned, Fair Value | $ 1,685 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.22% | ||||
Number of Contracts/Units | Contract | 18 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Short [Member] | Foreign [Member] | Index [Member] | |||||
Investment Owned, Fair Value | $ 120 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.02% | ||||
Number of Contracts/Units | Contract | 1 | ||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Short [Member] | Foreign [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ 6,605 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.87% | ||||
Number of Contracts/Units | Contract | 40 | ||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | |||||
Investment Owned, Fair Value | $ 49,045 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 2.28% | ||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Long [Member] | |||||
Investment Owned, Fair Value | $ 36,451 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.69% | ||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Short [Member] | |||||
Investment Owned, Fair Value | $ 12,594 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.59% | ||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | |||||
Number of Contracts/Units | Contract | 3,146 | ||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Long [Member] | Currency [Member] | |||||
Number of Contracts/Units | Contract | 5 | ||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Long [Member] | Energy [Member] | |||||
Number of Contracts/Units | Contract | 4 | ||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Long [Member] | Index [Member] | |||||
Number of Contracts/Units | Contract | 36 | ||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Long [Member] | Metals [Member] | |||||
Number of Contracts/Units | Contract | 2 | ||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Long [Member] | Agriculturals [Member] | |||||
Number of Contracts/Units | Contract | 4 | ||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Currency [Member] | |||||
Investment Owned, Fair Value | $ 7,298 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.34% | ||||
Number of Contracts/Units | Contract | 5 | ||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ 11,880 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.55% | ||||
Number of Contracts/Units | Contract | 4 | ||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Index [Member] | |||||
Investment Owned, Fair Value | $ 9,616 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.45% | ||||
Number of Contracts/Units | Contract | 8 | ||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Metals [Member] | |||||
Investment Owned, Fair Value | $ 8,450 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.39% | ||||
Number of Contracts/Units | Contract | 2 | ||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Agriculturals [Member] | |||||
Investment Owned, Fair Value | $ 1,378 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.06% | ||||
Number of Contracts/Units | Contract | 4 | ||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Long [Member] | Foreign [Member] | Index [Member] | |||||
Investment Owned, Fair Value | $ (2,171) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.10%) | ||||
Number of Contracts/Units | Contract | 28 | ||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Short [Member] | Currency [Member] | |||||
Number of Contracts/Units | Contract | 26 | ||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Short [Member] | Interest [Member] | |||||
Number of Contracts/Units | Contract | 203 | ||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Short [Member] | Metals [Member] | |||||
Number of Contracts/Units | Contract | 4 | ||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Short [Member] | Agriculturals [Member] | |||||
Number of Contracts/Units | Contract | 2 | ||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Currency [Member] | |||||
Investment Owned, Fair Value | $ (7,187) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.33%) | ||||
Number of Contracts/Units | Contract | 26 | ||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ 14,383 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.67% | ||||
Number of Contracts/Units | Contract | 87 | ||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Metals [Member] | |||||
Investment Owned, Fair Value | $ (10,625) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.49%) | ||||
Number of Contracts/Units | Contract | 4 | ||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Agriculturals [Member] | |||||
Investment Owned, Fair Value | $ (663) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.03%) | ||||
Number of Contracts/Units | Contract | 2 | ||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Short [Member] | Foreign [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ 16,686 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.77% | ||||
Number of Contracts/Units | Contract | 116 | ||||
Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | |||||
Investment Owned, Fair Value | $ 564,994 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 10.73% | ||||
Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | Long [Member] | |||||
Investment Owned, Fair Value | $ 563,652 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 10.70% | ||||
Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | Short [Member] | |||||
Investment Owned, Fair Value | $ 1,342 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.03% | ||||
Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Currency [Member] | |||||
Investment Owned, Fair Value | $ 141,443 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 2.69% | ||||
Number of Contracts/Units | Contract | 172 | ||||
Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ 142,452 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 2.70% | ||||
Number of Contracts/Units | Contract | 27 | ||||
Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Index [Member] | |||||
Investment Owned, Fair Value | $ 75,068 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.43% | ||||
Number of Contracts/Units | Contract | 910 | ||||
Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ 7,553 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.14% | ||||
Number of Contracts/Units | Contract | 45 | ||||
Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Metals [Member] | |||||
Investment Owned, Fair Value | $ 103,366 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.96% | ||||
Number of Contracts/Units | Contract | 52 | ||||
Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Agriculturals [Member] | |||||
Investment Owned, Fair Value | $ 18,873 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.36% | ||||
Number of Contracts/Units | Contract | 28 | ||||
Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | Futures Contracts [Member] | Long [Member] | Foreign [Member] | Currency [Member] | |||||
Investment Owned, Fair Value | $ 43,069 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.82% | ||||
Number of Contracts/Units | Contract | 151 | ||||
Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | Futures Contracts [Member] | Long [Member] | Foreign [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ 237,465 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 4.50% | ||||
Number of Contracts/Units | Contract | 63 | ||||
Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | Futures Contracts [Member] | Long [Member] | Foreign [Member] | Index [Member] | |||||
Investment Owned, Fair Value | $ (4,261) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.08%) | ||||
Number of Contracts/Units | Contract | 192 | ||||
Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | Futures Contracts [Member] | Long [Member] | Foreign [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ (259,186) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (4.92%) | ||||
Number of Contracts/Units | Contract | 434 | ||||
Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | Futures Contracts [Member] | Long [Member] | Foreign [Member] | Metals [Member] | |||||
Investment Owned, Fair Value | $ 57,810 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.10% | ||||
Number of Contracts/Units | Contract | 37 | ||||
Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Currency [Member] | |||||
Investment Owned, Fair Value | $ 1,718 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.03% | ||||
Number of Contracts/Units | Contract | 126 | ||||
Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ (23,789) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.45%) | ||||
Number of Contracts/Units | Contract | 47 | ||||
Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Index [Member] | |||||
Investment Owned, Fair Value | $ (2,450) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.05%) | ||||
Number of Contracts/Units | Contract | 218 | ||||
Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ 97,603 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.86% | ||||
Number of Contracts/Units | Contract | 312 | ||||
Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Metals [Member] | |||||
Investment Owned, Fair Value | $ (21,360) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.41%) | ||||
Number of Contracts/Units | Contract | 10 | ||||
Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Agriculturals [Member] | |||||
Investment Owned, Fair Value | $ 48,363 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.92% | ||||
Number of Contracts/Units | Contract | 243 | ||||
Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | Futures Contracts [Member] | Short [Member] | Foreign [Member] | Index [Member] | |||||
Investment Owned, Fair Value | $ 7,342 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.14% | ||||
Number of Contracts/Units | Contract | 24 | ||||
Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | Futures Contracts [Member] | Short [Member] | Foreign [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ 180 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Number of Contracts/Units | Contract | 5 | ||||
Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | Futures Contracts [Member] | Short [Member] | Foreign [Member] | Metals [Member] | |||||
Investment Owned, Fair Value | $ (128,221) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (2.43%) | ||||
Number of Contracts/Units | Contract | 35 | ||||
Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | Futures Contracts [Member] | Short [Member] | Foreign [Member] | Agriculturals [Member] | |||||
Investment Owned, Fair Value | $ 21,956 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.42% | ||||
Number of Contracts/Units | Contract | 56 | ||||
Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | |||||
Investment Owned, Fair Value | $ 483,457 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 2.08% | ||||
Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | Long [Member] | |||||
Investment Owned, Fair Value | $ 2,186,828 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 9.38% | ||||
Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | Short [Member] | |||||
Investment Owned, Fair Value | $ (1,703,371) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (7.30%) | ||||
Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Currency [Member] | |||||
Investment Owned, Fair Value | $ 207,888 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.89% | ||||
Number of Contracts/Units | Contract | 160 | ||||
Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | [11] | $ 1,179,690 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [11] | 5.06% | |||
Number of Contracts/Units | Contract | [11] | 395 | |||
Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Index [Member] | |||||
Investment Owned, Fair Value | $ 24,522 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.11% | ||||
Number of Contracts/Units | Contract | 149 | ||||
Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ (40,227) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.17%) | ||||
Number of Contracts/Units | Contract | 136 | ||||
Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Metals [Member] | |||||
Investment Owned, Fair Value | $ 190,213 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.81% | ||||
Number of Contracts/Units | Contract | 66 | ||||
Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | Futures Contracts [Member] | Long [Member] | Domestic (United States) [Member] | Agriculturals [Member] | |||||
Investment Owned, Fair Value | $ 162,535 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.70% | ||||
Number of Contracts/Units | Contract | 329 | ||||
Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | Futures Contracts [Member] | Long [Member] | Foreign [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ 113,530 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.49% | ||||
Number of Contracts/Units | Contract | 39 | ||||
Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | Futures Contracts [Member] | Long [Member] | Foreign [Member] | Index [Member] | |||||
Investment Owned, Fair Value | $ 108,570 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.46% | ||||
Number of Contracts/Units | Contract | 312 | ||||
Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | Futures Contracts [Member] | Long [Member] | Foreign [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ (339,662) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (1.45%) | ||||
Number of Contracts/Units | Contract | 335 | ||||
Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | Futures Contracts [Member] | Long [Member] | Foreign [Member] | Metals [Member] | |||||
Investment Owned, Fair Value | $ 579,769 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 2.48% | ||||
Number of Contracts/Units | Contract | 169 | ||||
Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Currency [Member] | |||||
Investment Owned, Fair Value | $ 16,043 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.07% | ||||
Number of Contracts/Units | Contract | 102 | ||||
Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Investment Owned, Fair Value | $ (738,022) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (3.16%) | ||||
Number of Contracts/Units | Contract | 347 | ||||
Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Index [Member] | |||||
Investment Owned, Fair Value | $ (9,842) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.04%) | ||||
Number of Contracts/Units | Contract | 96 | ||||
Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ 10,041 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.04% | ||||
Number of Contracts/Units | Contract | 81 | ||||
Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Metals [Member] | |||||
Investment Owned, Fair Value | $ (186,940) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.80%) | ||||
Number of Contracts/Units | Contract | 34 | ||||
Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | Futures Contracts [Member] | Short [Member] | Domestic (United States) [Member] | Agriculturals [Member] | |||||
Investment Owned, Fair Value | $ (76,516) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.33%) | ||||
Number of Contracts/Units | Contract | 492 | ||||
Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | Futures Contracts [Member] | Short [Member] | Foreign [Member] | Interest [Member] | |||||
Investment Owned, Fair Value | $ (5,862) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.03%) | ||||
Number of Contracts/Units | Contract | 140 | ||||
Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | Futures Contracts [Member] | Short [Member] | Foreign [Member] | Metals [Member] | |||||
Investment Owned, Fair Value | $ (713,263) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (3.05%) | ||||
Number of Contracts/Units | Contract | 120 | ||||
Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | Futures Contracts [Member] | Short [Member] | Foreign [Member] | Agriculturals [Member] | |||||
Investment Owned, Fair Value | $ 990 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Number of Contracts/Units | Contract | 13 | ||||
Frontier Trading Company XV, LLC [Member] | Long Futures Contracts [Member] | |||||
Investment Owned, Fair Value | [6] | $ 471,076 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 5.30% | |||
Frontier Trading Company XV, LLC [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 56,169 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.63% | |||
Frontier Trading Company XV, LLC [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 163,930 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 1.84% | |||
Frontier Trading Company XV, LLC [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 166,812 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 1.88% | |||
Frontier Trading Company XV, LLC [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 444 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.00% | |||
Frontier Trading Company XV, LLC [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 1,894 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.02% | |||
Frontier Trading Company XV, LLC [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 56,849 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.64% | |||
Frontier Trading Company XV, LLC [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 31,540 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.35% | |||
Frontier Trading Company XV, LLC [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 4,760 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.05% | |||
Frontier Trading Company XV, LLC [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (53,378) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.60%) | |||
Frontier Trading Company XV, LLC [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 10,283 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.12% | |||
Frontier Trading Company XV, LLC [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (503) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.01%) | |||
Frontier Trading Company XV, LLC [Member] | Long Futures Contracts [Member] | Various Soft Futures Contract (Europe) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 1,956 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.02% | |||
Frontier Trading Company XV, LLC [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (41,946) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.47%) | |||
Frontier Trading Company XV, LLC [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 4,150 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.05% | |||
Frontier Trading Company XV, LLC [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 18,191 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.20% | |||
Frontier Trading Company XV, LLC [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 1,360 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.02% | |||
Frontier Trading Company XV, LLC [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (39,001) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.44%) | |||
Frontier Trading Company XV, LLC [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 8,788 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.10% | |||
Frontier Trading Company XV, LLC [Member] | Long Futures Contracts [Member] | Various Precious Metal Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 1,950 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.02% | |||
Frontier Trading Company XV, LLC [Member] | Long Futures Contracts [Member] | Various Soft Futures Contract (Far East) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 2,919 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.03% | |||
Frontier Trading Company XV, LLC [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 73,909 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.83% | |||
Frontier Trading Company XV, LLC [Member] | Short Futures Contracts [Member] | |||||
Investment Owned, Fair Value | [6] | $ 208,234 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 2.34% | |||
Frontier Trading Company XV, LLC [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (29,896) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.34%) | |||
Frontier Trading Company XV, LLC [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (8,823) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.10%) | |||
Frontier Trading Company XV, LLC [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (6,019) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.07%) | |||
Frontier Trading Company XV, LLC [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (1,211) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.01%) | |||
Frontier Trading Company XV, LLC [Member] | Short Futures Contracts [Member] | Various Soft Futures Contract (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 46,657 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.52% | |||
Frontier Trading Company XV, LLC [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (2,802) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.03%) | |||
Frontier Trading Company XV, LLC [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (2,456) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.03%) | |||
Frontier Trading Company XV, LLC [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 23,255 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.26% | |||
Frontier Trading Company XV, LLC [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ (8,460) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | (0.10%) | |||
Frontier Trading Company XV, LLC [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 155 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.00% | |||
Frontier Trading Company XV, LLC [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 29,150 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.33% | |||
Frontier Trading Company XV, LLC [Member] | Short Futures Contracts [Member] | Various Soft Futures Contract (Europe) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 14,154 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.16% | |||
Frontier Trading Company XV, LLC [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts (Canada) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 195 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.00% | |||
Frontier Trading Company XV, LLC [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts (Europe) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 85,470 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.96% | |||
Frontier Trading Company XV, LLC [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts (Oceanic) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 4,623 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.05% | |||
Frontier Trading Company XV, LLC [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (U.S.) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 45,201 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.51% | |||
Frontier Trading Company XV, LLC [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts (Far East) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 19,041 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.21% | |||
Frontier Trading Company XV, LLC [Member] | Currency Forwards [Member] | |||||
Investment Owned, Fair Value | [6] | $ 6,712 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.08% | |||
Frontier Trading Company XV, LLC [Member] | Currency Forwards [Member] | VariousCurrencyForwardsContractsNAMember | |||||
Investment Owned, Fair Value | [6] | $ 6,712 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.08% | |||
Frontier Trading Company XV, LLC [Member] | Total Open Trade Equity (Deficit) [Member] | |||||
Investment Owned, Fair Value | [6] | $ 686,022 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 7.72% | |||
[1] | See Note 4 to the Financial Statements. | ||||
[2] | See Note 5 to the Financial Statements. | ||||
[3] | Except for those items disclosed, no individual futures, or forwards position constituted greater than 1 percent of Net Asset Value. Accordingly, the number of contracts and expiration dates are not presented. | ||||
[4] | See Note 2 to the Financial Statements. | ||||
[5] | Assets have been allocated to each Series based upon ownership in the cash management pool. See Note 2. | ||||
[6] | Except for those items disclosed, no individual futures, forwards and option on futures contract position constituted greater than 5 percent of Net Asset Value. Accordingly, the number of contracts and expiration dates are not presented. | ||||
[7] | Maturing in March 2018, no individual contract or contract month is greater than 5% of member's equity | ||||
[8] | Maturities range from February 2018 through July 2018 | ||||
[9] | No individual contract or contract month is greater than 5% of member's equity | ||||
[10] | Maturing March 2018 | ||||
[11] | Maturities range from February 2018 through August 2018; no individual contract or contract month is greater than 5% of member's equity |
Condensed Schedule of Investme4
Condensed Schedule of Investments (Parenthetical) - USD ($) | 12 Months Ended | ||||
Dec. 31, 2017 | Dec. 31, 2016 | ||||
US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | |||||
Rate | 6.875% | 6.875% | |||
Debt Instrument, Maturity Date | Aug. 15, 2025 | Aug. 15, 2025 | |||
Cost | $ 10,985,078 | $ 28,322,622 | |||
US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | |||||
Rate | 6.00% | ||||
Debt Instrument, Maturity Date | Feb. 15, 2026 | ||||
Cost | $ 22,970,250 | ||||
Equinox Frontier Diversified Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | |||||
Rate | 6.875% | [1] | 6.875% | [2] | |
Debt Instrument, Maturity Date | Aug. 15, 2025 | [1] | Aug. 15, 2025 | [2] | |
Cost | $ 12,218,715 | [1] | $ 22,950,579 | [2] | |
Equinox Frontier Diversified Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | Additional [Member] | |||||
Rate | 6.875% | [1] | 6.875% | [2] | |
Debt Instrument, Maturity Date | Aug. 15, 2025 | [1] | Aug. 15, 2025 | [2] | |
Equinox Frontier Diversified Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | |||||
Rate | [2] | 6.00% | |||
Debt Instrument, Maturity Date | [2] | Feb. 15, 2026 | |||
Cost | [2] | $ 23,564,442 | |||
Equinox Frontier Diversified Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | Additional [Member] | |||||
Rate | [2] | 6.00% | |||
Debt Instrument, Maturity Date | [2] | Feb. 15, 2026 | |||
Equinox Frontier Masters Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | |||||
Rate | 6.875% | [1] | 6.875% | [2] | |
Debt Instrument, Maturity Date | Aug. 15, 2025 | [1] | Aug. 15, 2025 | [2] | |
Cost | $ 12,218,715 | [1] | $ 22,950,579 | [2] | |
Equinox Frontier Masters Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | Additional [Member] | |||||
Rate | 6.875% | [1] | 6.875% | [2] | |
Debt Instrument, Maturity Date | Aug. 15, 2025 | [1] | Aug. 15, 2025 | [2] | |
Equinox Frontier Masters Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | |||||
Rate | [2] | 6.00% | |||
Debt Instrument, Maturity Date | [2] | Feb. 15, 2026 | |||
Cost | [2] | $ 23,564,442 | |||
Equinox Frontier Masters Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | Additional [Member] | |||||
Rate | [2] | 6.00% | |||
Debt Instrument, Maturity Date | [2] | Feb. 15, 2026 | |||
Equinox Frontier Long/Short Commodity Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | |||||
Rate | [1] | 6.875% | |||
Debt Instrument, Maturity Date | [1] | Aug. 15, 2025 | |||
Cost | [1] | $ 12,218,715 | |||
Equinox Frontier Long/Short Commodity Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | Additional [Member] | |||||
Rate | [1] | 6.875% | |||
Debt Instrument, Maturity Date | [1] | Aug. 15, 2025 | |||
Equinox Frontier Balanced Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | |||||
Rate | 6.875% | [1] | 6.875% | [2] | |
Debt Instrument, Maturity Date | Aug. 15, 2025 | [1] | Aug. 15, 2025 | [2] | |
Cost | $ 12,218,715 | [1] | $ 22,950,579 | [2] | |
Equinox Frontier Balanced Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | Additional [Member] | |||||
Rate | 6.875% | [1] | 6.875% | [2] | |
Debt Instrument, Maturity Date | Aug. 15, 2025 | [1] | Aug. 15, 2025 | [2] | |
Equinox Frontier Balanced Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | |||||
Rate | [2] | 6.00% | |||
Debt Instrument, Maturity Date | [2] | Feb. 15, 2026 | |||
Cost | [2] | $ 23,564,442 | |||
Equinox Frontier Balanced Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | Additional [Member] | |||||
Rate | [2] | 6.00% | |||
Debt Instrument, Maturity Date | [2] | Feb. 15, 2026 | |||
Equinox Frontier Select Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | |||||
Rate | 6.875% | [1] | 6.875% | [2] | |
Debt Instrument, Maturity Date | Aug. 15, 2025 | [1] | Aug. 15, 2025 | [2] | |
Cost | $ 12,218,715 | [1] | $ 22,950,579 | [2] | |
Equinox Frontier Select Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | Additional [Member] | |||||
Rate | 6.875% | [1] | 6.875% | [2] | |
Debt Instrument, Maturity Date | Aug. 15, 2025 | [1] | Aug. 15, 2025 | [2] | |
Equinox Frontier Select Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | |||||
Rate | [2] | 6.00% | |||
Debt Instrument, Maturity Date | [2] | Feb. 15, 2026 | |||
Cost | [2] | $ 23,564,442 | |||
Equinox Frontier Select Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | Additional [Member] | |||||
Rate | [2] | 6.00% | |||
Debt Instrument, Maturity Date | [2] | Feb. 15, 2026 | |||
Equinox Frontier Winton Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | |||||
Rate | 6.875% | [1] | 6.875% | [2] | |
Debt Instrument, Maturity Date | Aug. 15, 2025 | [1] | Aug. 15, 2025 | [2] | |
Cost | $ 12,218,715 | [1] | $ 28,012,500 | [2] | |
Equinox Frontier Winton Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | Additional [Member] | |||||
Rate | 6.875% | [1] | 6.875% | [2] | |
Debt Instrument, Maturity Date | Aug. 15, 2025 | [1] | Aug. 15, 2025 | [2] | |
Equinox Frontier Winton Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | |||||
Rate | [2] | 6.00% | |||
Debt Instrument, Maturity Date | [2] | Feb. 15, 2026 | |||
Cost | [2] | $ 36,863,436 | |||
Equinox Frontier Winton Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | Additional [Member] | |||||
Rate | [2] | 6.00% | |||
Debt Instrument, Maturity Date | [2] | Feb. 15, 2026 | |||
Equinox Frontier Heritage Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | |||||
Rate | 6.875% | [1] | 6.875% | [2] | |
Debt Instrument, Maturity Date | Aug. 15, 2025 | [1] | Aug. 15, 2025 | [2] | |
Cost | $ 12,218,715 | [1] | $ 28,012,500 | [2] | |
Equinox Frontier Heritage Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Point Eight Seven Five Percent [Member] | Additional [Member] | |||||
Rate | 6.875% | [1] | 6.875% | [2] | |
Debt Instrument, Maturity Date | Aug. 15, 2025 | [1] | Aug. 15, 2025 | [2] | |
Equinox Frontier Heritage Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | |||||
Rate | [2] | 6.00% | |||
Debt Instrument, Maturity Date | [2] | Feb. 15, 2026 | |||
Cost | [2] | $ 36,863,436 | |||
Equinox Frontier Heritage Fund [Member] | US Treasury Securities [Member] | US Treasury Note Six Percent [Member] | Additional [Member] | |||||
Rate | [2] | 6.00% | |||
Debt Instrument, Maturity Date | [2] | Feb. 15, 2026 | |||
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Options Purchased [Member] | Long [Member] | Domestic (United States) [Member] | Index [Member] | |||||
Cost | $ 75,573 | ||||
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Options Written [Member] | Short [Member] | Domestic (United States) [Member] | Index [Member] | |||||
Cost | 123,542 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Options Purchased [Member] | Crude Maturing March 2018 [Member] | Long [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Cost | 2,650,320 | ||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Options Written [Member] | Crude Maturing March 2018 [Member] | Short [Member] | Domestic (United States) [Member] | Energy [Member] | |||||
Cost | $ 2,354,400 | ||||
[1] | See Note 2 to the Financial Statements. | ||||
[2] | Assets have been allocated to each Series based upon ownership in the cash management pool. See Note 2. |
Statements of Operations
Statements of Operations - USD ($) | 8 Months Ended | 9 Months Ended | 12 Months Ended | |||
Dec. 31, 2017 | Dec. 31, 2017 | Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | ||
Investment income/(loss): | ||||||
Interest - net | $ 255,478 | $ 585,952 | $ 1,034,549 | |||
Total Income | 255,478 | 585,952 | 1,034,549 | |||
Expenses: | ||||||
Incentive Fees | (147,256) | 2,980,696 | 5,723,374 | |||
Management Fees | 1,516,571 | 3,235,153 | 5,028,224 | |||
Risk analysis Fees | 142,535 | 89,265 | ||||
Trading Fees | 5,247,342 | 3,613,634 | 3,452,315 | |||
Total Expenses | 9,272,220 | 13,505,019 | 18,513,567 | |||
Investment (loss) - net | (9,016,742) | (12,919,067) | (17,479,018) | |||
Realized and unrealized gain/(loss) on investments: | ||||||
Net change in open trade equity/(deficit) | (281,062) | 6,811,181 | (19,985,903) | |||
Trading commissions | (398,077) | (732,436) | (2,741,423) | |||
Net gain/(loss) on investments | 11,159,080 | 18,429,644 | 13,309,969 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 2,142,338 | 5,510,577 | (4,169,049) | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 2,142,338 | 5,510,577 | (4,169,049) | |||
Class 1 [Member] | ||||||
Expenses: | ||||||
Service Fees | 2,513,028 | 3,586,271 | 4,309,654 | |||
US Treasury Securities [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | 686,550 | 7,709,486 | 1,146,411 | |||
Net unrealized gain/(loss) on investments | (184,479) | (5,181,917) | (2,972,057) | |||
Private Investment Companies [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | 7,844,635 | 776,630 | ||||
Net unrealized gain/(loss) on investments | 90,112 | 4,405,026 | ||||
Futures And Forwards [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | 3,803,691 | 4,588,561 | 34,717,764 | |||
Swap [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net unrealized gain/(loss) on investments | (402,290) | 53,113 | 3,145,177 | |||
Equinox Frontier Diversified Fund [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | 97,701 | 323,854 | 603,350 | |||
Total Income | 97,701 | 323,854 | 603,350 | |||
Expenses: | ||||||
Incentive Fees | (50,661) | 1,144,159 | 2,068,435 | |||
Management Fees | 69,478 | 503,844 | 983,948 | |||
Trading Fees | 1,347,386 | 1,435,003 | 1,394,350 | |||
Total Expenses | 1,498,668 | 3,330,405 | 4,859,068 | |||
Investment (loss) - net | (1,400,967) | (3,006,551) | (4,255,718) | |||
Realized and unrealized gain/(loss) on investments: | ||||||
Net change in open trade equity/(deficit) | 450,401 | |||||
Trading commissions | (62) | (443,692) | ||||
Change in fair value of investments in unconsolidated trading companies | 160,009 | 3,056,293 | 841,908 | |||
Net gain/(loss) on investments | 3,012,970 | 4,169,841 | 11,317,997 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 1,612,003 | 1,163,290 | 7,062,279 | |||
Less: Operations attributable to non-controlling interests | 4,476,587 | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 1,612,003 | 1,163,290 | 2,585,692 | |||
Equinox Frontier Diversified Fund [Member] | Class 1 [Member] | ||||||
Expenses: | ||||||
Service Fees | $ 132,465 | $ 247,399 | $ 412,335 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | $ (0.02) | $ 0.91 | $ 2.43 | |||
Equinox Frontier Diversified Fund [Member] | Class 2 [Member] | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | 2.25 | 3.34 | 4.93 | |||
Equinox Frontier Diversified Fund [Member] | Class 3 [Member] | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | $ 2.41 | $ 3.40 | $ 4.84 | |||
Equinox Frontier Diversified Fund [Member] | US Treasury Securities [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | $ 65,391 | $ 1,794,297 | $ 270,582 | |||
Net unrealized gain/(loss) on investments | 152,150 | (990,689) | (516,327) | |||
Equinox Frontier Diversified Fund [Member] | Private Investment Companies [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | 1,870,541 | 277,315 | ||||
Net unrealized gain/(loss) on investments | 812,254 | 80,689 | ||||
Equinox Frontier Diversified Fund [Member] | Futures And Forwards [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | 8,599,684 | |||||
Equinox Frontier Diversified Fund [Member] | Swap [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net unrealized gain/(loss) on investments | (47,375) | (48,002) | 2,115,441 | |||
Equinox Frontier Masters Fund [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | 79,881 | 133,801 | 260,900 | |||
Total Income | 79,881 | 133,801 | 260,900 | |||
Expenses: | ||||||
Incentive Fees | 245,244 | 618,626 | ||||
Management Fees | 184,365 | 452,071 | 696,963 | |||
Trading Fees | 672,227 | 537,884 | 579,677 | |||
Total Expenses | 945,936 | 1,386,826 | 2,122,056 | |||
Investment (loss) - net | (866,055) | (1,253,025) | (1,861,156) | |||
Realized and unrealized gain/(loss) on investments: | ||||||
Net change in open trade equity/(deficit) | ||||||
Trading commissions | ||||||
Change in fair value of investments in unconsolidated trading companies | (217,851) | 1,336,408 | 1,485,938 | |||
Net gain/(loss) on investments | 1,076,995 | 1,745,161 | 1,398,913 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 210,940 | 492,136 | (462,243) | |||
Less: Operations attributable to non-controlling interests | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 210,940 | 492,136 | (462,243) | |||
Equinox Frontier Masters Fund [Member] | Class 1 [Member] | ||||||
Expenses: | ||||||
Service Fees | $ 89,344 | $ 151,627 | $ 226,790 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | $ 1.94 | $ (0.07) | $ (3.74) | |||
Equinox Frontier Masters Fund [Member] | Class 2 [Member] | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | 4.49 | 2.18 | (1.93) | |||
Equinox Frontier Masters Fund [Member] | Class 3 [Member] | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | $ 4.51 | $ 2.32 | $ (1.49) | |||
Equinox Frontier Masters Fund [Member] | US Treasury Securities [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | $ 88,761 | $ 483,811 | $ 111,668 | |||
Net unrealized gain/(loss) on investments | (70,651) | (227,159) | (198,693) | |||
Equinox Frontier Masters Fund [Member] | Private Investment Companies [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | 482,146 | 73,108 | ||||
Net unrealized gain/(loss) on investments | 794,590 | 78,993 | ||||
Equinox Frontier Long/Short Commodity Fund [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | 21,855 | 141,120 | ||||
Total Income | 21,855 | 141,120 | ||||
Expenses: | ||||||
Incentive Fees | (57,082) | 46,931 | 322,090 | |||
Management Fees | 201,423 | 532,836 | ||||
Service Fees | 109,284 | |||||
Trading Fees | 234,923 | 191,525 | 243,193 | |||
Total Expenses | 191,513 | 506,768 | 1,207,403 | |||
Investment (loss) - net | (191,513) | (484,913) | (1,066,283) | |||
Realized and unrealized gain/(loss) on investments: | ||||||
Net change in open trade equity/(deficit) | 693,263 | |||||
Trading commissions | (1,085) | |||||
Change in fair value of investments in unconsolidated trading companies | 83,337 | (100,301) | 66,041 | |||
Net gain/(loss) on investments | (232,097) | 483,619 | (391,811) | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (423,610) | (1,294) | (1,458,094) | |||
Less: Operations attributable to non-controlling interests | 131,876 | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (423,610) | (133,170) | (1,458,094) | |||
Equinox Frontier Long/Short Commodity Fund [Member] | Class 1 [Member] | ||||||
Expenses: | ||||||
Service Fees | $ 13,672 | $ 66,889 | $ 109,284 | |||
Equinox Frontier Long/Short Commodity Fund [Member] | Class 2 [Member] | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | $ (13.75) | $ (2.54) | $ (6.20) | |||
Equinox Frontier Long/Short Commodity Fund [Member] | Class 3 [Member] | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | (9.30) | (1.34) | (6.20) | |||
Equinox Frontier Long/Short Commodity Fund [Member] | Class 1A [Member] | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | (11.43) | (1.98) | (6.36) | |||
Equinox Frontier Long/Short Commodity Fund [Member] | Class 2A [Member] | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | (12.08) | (0.52) | (5.16) | |||
Equinox Frontier Long/Short Commodity Fund [Member] | Class 3A [Member] | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | $ (9.51) | $ 0.64 | $ (4.91) | |||
Equinox Frontier Long/Short Commodity Fund [Member] | US Treasury Securities [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | $ 21,587 | $ 103,299 | $ 46,795 | |||
Net unrealized gain/(loss) on investments | (10,631) | 193,551 | (204,014) | |||
Equinox Frontier Long/Short Commodity Fund [Member] | Private Investment Companies [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | (106,289) | 13,263 | ||||
Net unrealized gain/(loss) on investments | (246,722) | (216,197) | ||||
Equinox Frontier Long/Short Commodity Fund [Member] | Futures And Forwards [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | (90,214) | |||||
Equinox Frontier Long/Short Commodity Fund [Member] | Swap [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net unrealized gain/(loss) on investments | 26,621 | (111,960) | (300,633) | |||
Equinox Frontier Balanced Fund [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | 22,063 | 96,270 | 29,151 | |||
Total Income | 22,063 | 96,270 | 29,151 | |||
Expenses: | ||||||
Incentive Fees | 40,189 | 1,395,151 | 1,707,167 | |||
Management Fees | 107,368 | 494,734 | 1,029,988 | |||
Risk analysis Fees | 10,265 | 4,844 | ||||
Trading Fees | 2,058,870 | 909,129 | 740,451 | |||
Total Expenses | 3,626,029 | 4,637,078 | 5,591,382 | |||
Investment (loss) - net | (3,603,966) | (4,540,808) | (5,562,231) | |||
Realized and unrealized gain/(loss) on investments: | ||||||
Net change in open trade equity/(deficit) | (56,728) | (340,656) | (1,623,264) | |||
Trading commissions | (68,711) | (169,263) | (461,386) | |||
Change in fair value of investments in unconsolidated trading companies | 601,398 | 3,934,786 | 6,607,271 | |||
Net gain/(loss) on investments | 4,904,938 | 10,486,586 | 4,329,355 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 1,300,972 | 5,945,778 | (1,232,876) | |||
Less: Operations attributable to non-controlling interests | 648,112 | 259,719 | ||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 1,300,972 | 5,297,666 | (1,492,595) | |||
Equinox Frontier Balanced Fund [Member] | Class 1 [Member] | ||||||
Expenses: | ||||||
Service Fees | $ 1,409,337 | $ 1,833,220 | $ 2,113,776 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | $ 1.17 | $ 6.77 | $ (3.51) | |||
Equinox Frontier Balanced Fund [Member] | Class 2 [Member] | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | 7.91 | 15.30 | 0.53 | |||
Equinox Frontier Balanced Fund [Member] | Class 2A [Member] | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | 6.72 | 14.17 | 1.86 | |||
Equinox Frontier Balanced Fund [Member] | Class 3A [Member] | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | 6.69 | 14.12 | 1.85 | |||
Equinox Frontier Balanced Fund [Member] | Class 1AP [Member] | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | $ 5.59 | $ 11.38 | $ 0.39 | |||
Equinox Frontier Balanced Fund [Member] | US Treasury Securities [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | $ 76,560 | $ 2,885,429 | $ 411,406 | |||
Net unrealized gain/(loss) on investments | 149,968 | (1,874,454) | (1,350,252) | |||
Equinox Frontier Balanced Fund [Member] | Private Investment Companies [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | 4,398,507 | 412,944 | ||||
Net unrealized gain/(loss) on investments | 270,252 | 2,077,438 | ||||
Equinox Frontier Balanced Fund [Member] | Futures And Forwards [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | (381,817) | 3,778,432 | (164,986) | |||
Equinox Frontier Balanced Fund [Member] | Swap [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net unrealized gain/(loss) on investments | (84,491) | (218,070) | 910,566 | |||
Equinox Frontier Select Fund [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | 1,025 | |||||
Total Income | 1,025 | |||||
Expenses: | ||||||
Incentive Fees | 41,072 | 158,971 | ||||
Management Fees | 84,734 | 271,176 | 304,539 | |||
Risk analysis Fees | 9,681 | 14,228 | ||||
Trading Fees | 176,459 | 115,267 | 110,262 | |||
Total Expenses | 491,812 | 792,796 | 968,941 | |||
Investment (loss) - net | (491,812) | (791,771) | (968,941) | |||
Realized and unrealized gain/(loss) on investments: | ||||||
Net change in open trade equity/(deficit) | (642,494) | 187,115 | (1,200,359) | |||
Trading commissions | (42,000) | (135,497) | (131,806) | |||
Change in fair value of investments in unconsolidated trading companies | (294,076) | 368,596 | 161,067 | |||
Net gain/(loss) on investments | (687,000) | 2,398,954 | 272,917 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (1,178,812) | 1,607,183 | (696,024) | |||
Less: Operations attributable to non-controlling interests | (469,078) | 989,394 | 34,600 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (709,734) | 617,789 | (730,624) | |||
Equinox Frontier Select Fund [Member] | Class 1 [Member] | ||||||
Expenses: | ||||||
Service Fees | $ 220,938 | $ 351,053 | $ 395,169 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | $ (3.79) | $ 3.71 | $ (5.26) | |||
Equinox Frontier Select Fund [Member] | Class 2 [Member] | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | (1.52) | 9.14 | (3.37) | |||
Equinox Frontier Select Fund [Member] | Class 1AP [Member] | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | $ (1.14) | $ 6.88 | $ (2.54) | |||
Equinox Frontier Select Fund [Member] | US Treasury Securities [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | $ 31,037 | $ 70,928 | $ 22,783 | |||
Net unrealized gain/(loss) on investments | (6,069) | (199,159) | 35,623 | |||
Equinox Frontier Select Fund [Member] | Private Investment Companies [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | (41,515) | |||||
Net unrealized gain/(loss) on investments | 456,301 | |||||
Equinox Frontier Select Fund [Member] | Futures And Forwards [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | (148,184) | 2,106,971 | 1,385,609 | |||
Equinox Frontier Winton Fund [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | 55,833 | 7,717 | 28 | |||
Total Income | 55,833 | 7,717 | 28 | |||
Expenses: | ||||||
Incentive Fees | (75,099) | 99,067 | 715,409 | |||
Management Fees | 877,626 | 1,069,141 | 1,199,380 | |||
Risk analysis Fees | 117,961 | 70,193 | ||||
Trading Fees | 565,481 | 320,680 | 288,023 | |||
Total Expenses | 1,951,194 | 2,240,389 | 2,967,166 | |||
Investment (loss) - net | (1,895,361) | (2,232,672) | (2,967,138) | |||
Realized and unrealized gain/(loss) on investments: | ||||||
Net change in open trade equity/(deficit) | (922,290) | 466,267 | (2,127,402) | |||
Trading commissions | (72,185) | (85,587) | (45,180) | |||
Change in fair value of investments in unconsolidated trading companies | 350,346 | (180,413) | 557,550 | |||
Net gain/(loss) on investments | 3,726,928 | 1,071,349 | 1,380,625 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 1,831,567 | (1,161,323) | (1,586,513) | |||
Less: Operations attributable to non-controlling interests | 1,570,365 | 464,175 | 574,125 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 261,202 | (1,625,498) | (2,160,638) | |||
Equinox Frontier Winton Fund [Member] | Class 1 [Member] | ||||||
Expenses: | ||||||
Service Fees | $ 465,225 | $ 681,308 | $ 764,354 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | $ 4.56 | $ (9.66) | $ (11.78) | |||
Equinox Frontier Winton Fund [Member] | Class 2 [Member] | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | 5.52 | (6.53) | (8.72) | |||
Equinox Frontier Winton Fund [Member] | Class 1AP [Member] | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | $ 10.27 | $ (5.14) | $ (6.87) | |||
Equinox Frontier Winton Fund [Member] | US Treasury Securities [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | $ 351,189 | $ 1,975,992 | $ 230,502 | |||
Net unrealized gain/(loss) on investments | (410,408) | (1,697,773) | (600,814) | |||
Equinox Frontier Winton Fund [Member] | Futures And Forwards [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | 4,430,276 | 592,863 | 3,365,969 | |||
Equinox Frontier Heritage Fund [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | 1,430 | 1 | ||||
Total Income | 1,430 | 1 | ||||
Expenses: | ||||||
Incentive Fees | (4,603) | 9,072 | 132,676 | |||
Management Fees | 193,000 | 242,764 | 280,570 | |||
Risk analysis Fees | ||||||
Trading Fees | 191,996 | 104,146 | 96,359 | |||
Total Expenses | 562,441 | 610,757 | 797,551 | |||
Investment (loss) - net | 562,441 | (609,327) | (797,550) | |||
Realized and unrealized gain/(loss) on investments: | ||||||
Net change in open trade equity/(deficit) | ||||||
Trading commissions | (7,026) | |||||
Change in fair value of investments in unconsolidated trading companies | 333,988 | 91,166 | 220,267 | |||
Net gain/(loss) on investments | 308,987 | 524,782 | 555,165 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (253,454) | (84,545) | (242,385) | |||
Less: Operations attributable to non-controlling interests | (144,019) | 217,092 | 208,163 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (109,435) | (301,637) | (450,548) | |||
Equinox Frontier Heritage Fund [Member] | Class 1 [Member] | ||||||
Expenses: | ||||||
Service Fees | $ 182,048 | $ 254,775 | $ 287,946 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | $ 1.61 | $ (4.69) | $ (6.01) | |||
Equinox Frontier Heritage Fund [Member] | Class 2 [Member] | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | 7.60 | (1.44) | (3.02) | |||
Equinox Frontier Heritage Fund [Member] | Class 1AP [Member] | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | $ 5.68 | $ (1.07) | $ (2.26) | |||
Equinox Frontier Heritage Fund [Member] | US Treasury Securities [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | $ 52,025 | $ 395,730 | $ 52,675 | |||
Net unrealized gain/(loss) on investments | 11,162 | (386,234) | (137,580) | |||
Equinox Frontier Heritage Fund [Member] | Private Investment Companies [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | 2,795 | |||||
Net unrealized gain/(loss) on investments | (297,047) | |||||
Equinox Frontier Heritage Fund [Member] | Swap [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net unrealized gain/(loss) on investments | (297,047) | 431,146 | 419,803 | |||
Frontier Trading Company I, LLC [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | 24,699 | (909) | (21,709) | |||
Total Income | 24,699 | (909) | (21,709) | |||
Expenses: | ||||||
Risk analysis Fees | (10,265) | (4,806) | ||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net change in open trade equity/(deficit) | (60,058) | (518,190) | (1,192,808) | |||
Trading commissions | (68,711) | (593,636) | (816,237) | |||
Net gain/(loss) on investments | (520,946) | 3,854,905 | 9,648,212 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (496,247) | 3,853,996 | 9,626,503 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (496,247) | 3,853,996 | 9,626,503 | |||
Frontier Trading Company I, LLC [Member] | Futures And Forwards [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | (381,912) | 4,710,217 | 11,657,257 | |||
Frontier Trading Company I, LLC [Member] | Swap [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net unrealized gain/(loss) on investments | 261,320 | 87,257 | ||||
Frontier Trading Company II LLC [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | 55,833 | 8,302 | 2,691 | |||
Total Income | 55,833 | 8,302 | 2,691 | |||
Expenses: | ||||||
Risk analysis Fees | (122,576) | (70,193) | ||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net change in open trade equity/(deficit) | 418,160 | 521,236 | (2,873,705) | |||
Trading commissions | (73,882) | (86,425) | (106,923) | |||
Net gain/(loss) on investments | 4,555,388 | 983,096 | 3,939,706 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 4,611,221 | 991,398 | 3,942,397 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 4,611,221 | 991,398 | 3,942,397 | |||
Frontier Trading Company II LLC [Member] | Futures And Forwards [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | 4,333,686 | 618,478 | 6,920,334 | |||
Frontier Trading Company VII, LLC [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | [1] | 1,819 | (1,377) | |||
Total Income | [1] | 1,819 | (1,377) | |||
Expenses: | ||||||
Risk analysis Fees | [1] | |||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net change in open trade equity/(deficit) | [1] | 6,482,648 | (12,031,602) | |||
Trading commissions | [1] | (259,227) | ||||
Net gain/(loss) on investments | [1] | 4,698,556 | ||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | [1] | 4,700,375 | ||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 4,700,375 | 4,220,713 | ||||
Frontier Trading Company VII, LLC [Member] | Futures And Forwards [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | [1] | (1,479,588) | 17,335,609 | |||
Trading commissions | [1] | (1,081,917) | ||||
Net gain/(loss) on investments | [1] | 4,222,090 | ||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | [1] | 4,220,713 | ||||
Frontier Trading Company VII, LLC [Member] | Swap [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | (154,380) | 77,725 | ||||
Net unrealized gain/(loss) on investments | [1] | (45,277) | ||||
Frontier Trading Company XIV, LLC [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | [2] | 1,437 | (257) | |||
Total Income | [2] | 1,437 | (257) | |||
Expenses: | ||||||
Risk analysis Fees | [2] | |||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net change in open trade equity/(deficit) | [2] | (34,485) | (990,384) | |||
Trading commissions | [2] | (39,648) | (123,168) | |||
Net gain/(loss) on investments | [2] | 1,045,362 | (985,354) | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | [2] | 1,046,799 | (985,611) | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 1,046,799 | (985,611) | ||||
Frontier Trading Company XIV, LLC [Member] | Futures And Forwards [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | [2] | 1,119,495 | 128,198 | |||
Frontier Trading Company XV, LLC [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | [3] | 1,591 | 833 | |||
Total Income | [3] | 1,591 | 833 | |||
Expenses: | ||||||
Risk analysis Fees | [3] | (9,683) | (14,228) | |||
Realized and unrealized gain/(loss) on investments: | ||||||
Net change in open trade equity/(deficit) | [3] | (642,494) | 200,590 | (1,196,577) | ||
Trading commissions | [3] | (41,998) | (130,601) | (131,746) | ||
Net gain/(loss) on investments | [3] | (841,669) | 2,147,805 | 56,934 | ||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | [3] | (841,669) | 2,149,396 | 57,767 | ||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (841,669) | 2,149,396 | 57,767 | |||
Frontier Trading Company XV, LLC [Member] | Futures And Forwards [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | [3] | (147,494) | 2,092,044 | 1,385,257 | ||
Frontier Trading Company XXIII, LLC [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | [4] | (7,014) | (17,219) | |||
Total Income | [4] | (7,014) | (17,219) | |||
Expenses: | ||||||
Risk analysis Fees | [4] | |||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net change in open trade equity/(deficit) | [4] | 27,706 | (921,311) | |||
Trading commissions | [4] | (95,575) | (208,033) | |||
Net gain/(loss) on investments | [4] | 1,958,686 | 853,335 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | [4] | 1,951,672 | 836,116 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 1,951,672 | 836,116 | ||||
Frontier Trading Company XXIII, LLC [Member] | Futures And Forwards [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | [4] | 2,026,555 | 1,982,679 | |||
Frontier Trading Company XXIX, LLC [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | [5] | 235 | (751) | |||
Total Income | [5] | 235 | (751) | |||
Realized and unrealized gain/(loss) on investments: | ||||||
Net change in open trade equity/(deficit) | [5] | (4,750) | 284,591 | |||
Trading commissions | [5] | (4,144) | (60,831) | |||
Net gain/(loss) on investments | [5] | 134,189 | (1,588,148) | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | [5] | 134,424 | (1,588,899) | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 134,424 | (1,588,899) | ||||
Frontier Trading Company XXIX, LLC [Member] | Futures And Forwards [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | [5] | 143,083 | (1,811,908) | |||
Frontier Trading Company XXXIV LLC [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | (3,610) | |||||
Total Income | (3,610) | |||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net change in open trade equity/(deficit) | ||||||
Trading commissions | (69,341) | |||||
Net gain/(loss) on investments | (84,491) | (218,073) | 377,623 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (84,491) | (218,073) | 374,013 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (84,491) | (218,072) | 374,013 | |||
Frontier Trading Company XXXIV LLC [Member] | Futures And Forwards [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | (463,603) | |||||
Frontier Trading Company XXXIV LLC [Member] | Swap [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | ||||||
Net unrealized gain/(loss) on investments | (84,491) | (218,073) | 910,567 | |||
Frontier Trading Company XXXV LLC [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | ||||||
Total Income | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net change in open trade equity/(deficit) | ||||||
Trading commissions | ||||||
Net gain/(loss) on investments | (47,375) | (48,003) | 2,115,441 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (47,375) | (48,003) | 2,115,441 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (47,375) | (48,003) | 2,115,441 | |||
Frontier Trading Company XXXV LLC [Member] | Swap [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net unrealized gain/(loss) on investments | (47,375) | (48,003) | 2,115,441 | |||
Frontier Trading Company XXXVII LLC [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | ||||||
Total Income | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net change in open trade equity/(deficit) | ||||||
Trading commissions | ||||||
Net gain/(loss) on investments | 26,621 | (111,959) | (300,633) | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 26,621 | (111,959) | (300,633) | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 26,621 | (111,959) | (300,633) | |||
Frontier Trading Company XXXVII LLC [Member] | Swap [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net unrealized gain/(loss) on investments | 26,621 | (111,959) | (300,633) | |||
Frontier Trading Company XXXVIII ,LLC [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | 790 | (1,607) | ||||
Total Income | 790 | (1,607) | ||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net change in open trade equity/(deficit) | (79,619) | (1,064,164) | ||||
Trading commissions | (76,901) | (143,158) | ||||
Net gain/(loss) on investments | (964,178) | (2,414,137) | (3,623,381) | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (964,178) | (2,413,347) | (3,624,988) | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (964,178) | (2,413,347) | (3,624,988) | |||
Frontier Trading Company XXXVIII ,LLC [Member] | Private Investment Companies [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | 1,238,449 | |||||
Net unrealized gain/(loss) on investments | (2,202,627) | 2,384,103 | ||||
Frontier Trading Company XXXVIII ,LLC [Member] | Futures And Forwards [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | (4,641,720) | (2,416,059) | ||||
Frontier Trading Company XXXIX LLC [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | ||||||
Total Income | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net change in open trade equity/(deficit) | ||||||
Trading commissions | (7,000) | |||||
Net gain/(loss) on investments | (297,047) | 431,145 | 419,803 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (297,047) | 431,145 | 419,803 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (297,047) | 431,145 | 419,803 | |||
Frontier Trading Company XXXIX LLC [Member] | Swap [Member] | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain/(loss) on investments | $ 438,145 | $ 419,803 | ||||
Net unrealized gain/(loss) on investments | (297,047) | |||||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 510 Series [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | 52,087 | |||||
Total Income | 52,087 | |||||
Expenses: | ||||||
Operating expenses | 2,994 | |||||
Incentive Fees | 135,302 | |||||
Management Fees | 205,512 | |||||
Sponsor fee | 53,306 | |||||
Professional fee | 18,333 | |||||
Total Expenses | 415,447 | |||||
Investment (loss) - net | (363,360) | |||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net, Realized and unrealized loss on investments | 236,025 | |||||
Net increase (decrease) in unrealized depreciation on investments | 2,406,455 | |||||
Net realized and unrealized loss on investments and foreign currency transactions | 236,025 | |||||
Net gain/(loss) on investments | 2,642,480 | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 2,279,120 | |||||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 516 Series [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | ||||||
Total Income | ||||||
Expenses: | ||||||
Operating expenses | 7,810 | |||||
Incentive Fees | 1,114,470 | |||||
Management Fees | 380,232 | |||||
Sponsor fee | 49,356 | |||||
Professional fee | 18,333 | |||||
Total Expenses | 1,570,201 | |||||
Investment (loss) - net | (1,570,201) | |||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net, Realized and unrealized loss on investments | 3,900,275 | |||||
Net increase (decrease) in unrealized depreciation on investments | 1,185,287 | |||||
Net realized and unrealized loss on investments and foreign currency transactions | 3,900,275 | |||||
Net gain/(loss) on investments | 5,085,562 | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 3,515,361 | |||||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 517 Series [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | (590) | |||||
Total Income | (590) | |||||
Expenses: | ||||||
Operating expenses | 6,356 | |||||
Incentive Fees | ||||||
Management Fees | 44,743 | |||||
Sponsor fee | 9,871 | |||||
Professional fee | 16,587 | |||||
Total Expenses | 77,557 | |||||
Investment (loss) - net | (78,147) | |||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net, Realized and unrealized loss on investments | (142,417) | |||||
Net increase (decrease) in unrealized depreciation on investments | (376,018) | |||||
Net realized and unrealized loss on investments and foreign currency transactions | (142,417) | |||||
Net gain/(loss) on investments | (518,435) | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (596,582) | |||||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 518 Series [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | 10,631 | |||||
Total Income | 10,631 | |||||
Expenses: | ||||||
Operating expenses | 12,631 | |||||
Incentive Fees | ||||||
Management Fees | 184,679 | |||||
Sponsor fee | 26,915 | |||||
Professional fee | 31,674 | |||||
Total Expenses | 255,899 | |||||
Investment (loss) - net | (245,268) | |||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net, Realized and unrealized loss on investments | 423,735 | |||||
Net increase (decrease) in unrealized depreciation on investments | 99,242 | |||||
Net realized and unrealized loss on investments and foreign currency transactions | 423,735 | |||||
Net gain/(loss) on investments | 522,977 | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 277,709 | |||||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 522 Series [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | ||||||
Total Income | ||||||
Expenses: | ||||||
Operating expenses | 23,073 | |||||
Incentive Fees | ||||||
Management Fees | 250,931 | |||||
Sponsor fee | 19,887 | |||||
Professional fee | 49,759 | |||||
Total Expenses | 343,650 | |||||
Investment (loss) - net | (343,650) | |||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net, Realized and unrealized loss on investments | (431,408) | |||||
Net increase (decrease) in unrealized depreciation on investments | (1,430,235) | |||||
Net realized and unrealized loss on investments and foreign currency transactions | (431,408) | |||||
Net gain/(loss) on investments | (1,861,643) | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (2,205,293) | |||||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 526 Series [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | 9,224 | |||||
Total Income | 9,224 | |||||
Expenses: | ||||||
Operating expenses | 6,325 | |||||
Incentive Fees | 1,736,308 | |||||
Management Fees | 289,404 | |||||
Sponsor fee | 113,720 | |||||
Professional fee | 18,333 | |||||
Total Expenses | 2,164,090 | |||||
Investment (loss) - net | (2,154,866) | |||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net, Realized and unrealized loss on investments | 235,304 | |||||
Net increase (decrease) in unrealized depreciation on investments | 6,779,592 | |||||
Net realized and unrealized loss on investments and foreign currency transactions | 235,304 | |||||
Net gain/(loss) on investments | 7,014,896 | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 4,860,030 | |||||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 527 Series [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | 36,282 | |||||
Total Income | 36,282 | |||||
Expenses: | ||||||
Operating expenses | 6,009 | |||||
Incentive Fees | ||||||
Management Fees | 242,572 | |||||
Sponsor fee | 60,278 | |||||
Professional fee | 18,333 | |||||
Total Expenses | 327,192 | |||||
Investment (loss) - net | (290,910) | |||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net, Realized and unrealized loss on investments | (2,566) | |||||
Net increase (decrease) in unrealized depreciation on investments | 490,189 | |||||
Net realized and unrealized loss on investments and foreign currency transactions | (2,566) | |||||
Net gain/(loss) on investments | 487,623 | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 196,713 | |||||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 528 Series [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | ||||||
Total Income | ||||||
Expenses: | ||||||
Operating expenses | 6,497 | |||||
Incentive Fees | 67,070 | |||||
Management Fees | 59,711 | |||||
Sponsor fee | 15,123 | |||||
Professional fee | 18,333 | |||||
Total Expenses | 166,734 | |||||
Investment (loss) - net | (166,734) | |||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net, Realized and unrealized loss on investments | (40,619) | |||||
Net increase (decrease) in unrealized depreciation on investments | 368,608 | |||||
Net realized and unrealized loss on investments and foreign currency transactions | (40,619) | |||||
Net gain/(loss) on investments | 327,989 | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 161,255 | |||||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 531 Series [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | 16,873 | |||||
Total Income | 16,873 | |||||
Expenses: | ||||||
Operating expenses | 1,398 | |||||
Incentive Fees | 11,681 | |||||
Management Fees | 208,034 | |||||
Sponsor fee | 13,852 | |||||
Professional fee | ||||||
Total Expenses | 234,965 | |||||
Investment (loss) - net | (218,092) | |||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net, Realized and unrealized loss on investments | 567,737 | |||||
Net increase (decrease) in unrealized depreciation on investments | 251,429 | |||||
Net realized and unrealized loss on investments and foreign currency transactions | 567,737 | |||||
Net gain/(loss) on investments | 819,166 | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 601,074 | |||||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 532 Series [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | 11,523 | |||||
Total Income | 11,523 | |||||
Expenses: | ||||||
Operating expenses | 11,470 | |||||
Incentive Fees | 73 | |||||
Management Fees | 81,007 | |||||
Sponsor fee | 20,659 | |||||
Professional fee | 16,587 | |||||
Total Expenses | 129,796 | |||||
Investment (loss) - net | (118,273) | |||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net, Realized and unrealized loss on investments | 356,275 | |||||
Net increase (decrease) in unrealized depreciation on investments | (394,851) | |||||
Net realized and unrealized loss on investments and foreign currency transactions | 356,275 | |||||
Net gain/(loss) on investments | (38,576) | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (156,849) | |||||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 535 Series [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | 6,285 | |||||
Total Income | 6,285 | |||||
Expenses: | ||||||
Operating expenses | 6,566 | |||||
Incentive Fees | ||||||
Management Fees | 58,470 | |||||
Sponsor fee | 35,082 | |||||
Professional fee | 18,333 | |||||
Total Expenses | 118,451 | |||||
Investment (loss) - net | (112,166) | |||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net, Realized and unrealized loss on investments | (85,155) | |||||
Net increase (decrease) in unrealized depreciation on investments | (766,856) | |||||
Net realized and unrealized loss on investments and foreign currency transactions | (85,155) | |||||
Net gain/(loss) on investments | (852,011) | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (964,177) | |||||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 538W Series [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | 14,186 | |||||
Total Income | 14,186 | |||||
Expenses: | ||||||
Operating expenses | 6,305 | |||||
Incentive Fees | 271,763 | |||||
Management Fees | 411,433 | |||||
Sponsor fee | 54,259 | |||||
Total Expenses | 743,760 | |||||
Investment (loss) - net | (729,574) | |||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net, Realized and unrealized loss on investments | 482,556 | |||||
Net increase (decrease) in unrealized depreciation on investments | 885,900 | |||||
Net realized and unrealized loss on investments and foreign currency transactions | 482,556 | |||||
Net gain/(loss) on investments | 1,368,456 | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 638,882 | |||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | 11,523 | |||||
Total Income | 11,523 | |||||
Expenses: | ||||||
Investment (loss) - net | 11,523 | |||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain (loss) from Derivative contracts | [6] | (392,885) | ||||
Foreign currency transactions | (1,966) | |||||
Net, Realized and unrealized loss on investments | (394,851) | |||||
Net increase (decrease) in unrealized depreciation on Derivative contracts | 355,597 | |||||
Translation of assets and liabilities denominated in foreign currencies | 678 | |||||
Net increase (decrease) in unrealized depreciation on investments | 356,275 | |||||
Net realized and unrealized loss on investments and foreign currency transactions | (38,576) | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (27,053) | |||||
Galaxy Plus Fund - Chesapeake Master Fund (518) LLC [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | 10,631 | |||||
Total Income | 10,631 | |||||
Expenses: | ||||||
Investment (loss) - net | (10,631) | |||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain (loss) from Derivative contracts | [6] | 132,970 | ||||
Foreign currency transactions | (33,728) | |||||
Net, Realized and unrealized loss on investments | 99,242 | |||||
Net increase (decrease) in unrealized depreciation on Derivative contracts | 425,852 | |||||
Translation of assets and liabilities denominated in foreign currencies | (2,117) | |||||
Net increase (decrease) in unrealized depreciation on investments | 423,735 | |||||
Net realized and unrealized loss on investments and foreign currency transactions | 522,977 | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 533,608 | |||||
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | ||||||
Expenses: | ||||||
Investment (loss) - net | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain (loss) from Derivative contracts | [6] | 368,608 | ||||
Net, Realized and unrealized loss on investments | 368,608 | |||||
Net increase (decrease) in unrealized depreciation on Derivative contracts | (40,619) | |||||
Net increase (decrease) in unrealized depreciation on investments | (40,619) | |||||
Net realized and unrealized loss on investments and foreign currency transactions | 327,989 | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 327,989 | |||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | ||||||
Expenses: | ||||||
Investment (loss) - net | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain (loss) from Derivative contracts | [6] | 1,185,287 | ||||
Net, Realized and unrealized loss on investments | 1,185,287 | |||||
Net increase (decrease) in unrealized depreciation on Derivative contracts | 3,893,631 | |||||
Translation of assets and liabilities denominated in foreign currencies | 6,644 | |||||
Net increase (decrease) in unrealized depreciation on investments | 3,900,275 | |||||
Net realized and unrealized loss on investments and foreign currency transactions | 5,085,562 | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 5,085,562 | |||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | 52,087 | |||||
Total Income | 52,087 | |||||
Expenses: | ||||||
Investment (loss) - net | (52,087) | |||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain (loss) from Derivative contracts | [6] | 2,406,278 | ||||
Foreign currency transactions | 177 | |||||
Net, Realized and unrealized loss on investments | 2,406,455 | |||||
Net increase (decrease) in unrealized depreciation on Derivative contracts | 235,998 | |||||
Translation of assets and liabilities denominated in foreign currencies | 27 | |||||
Net increase (decrease) in unrealized depreciation on investments | 236,025 | |||||
Net realized and unrealized loss on investments and foreign currency transactions | 2,642,480 | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 2,694,567 | |||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | ||||||
Expenses: | ||||||
Investment (loss) - net | ||||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain (loss) from Derivative contracts | [6] | (1,430,309) | ||||
Foreign currency transactions | 74 | |||||
Net, Realized and unrealized loss on investments | (1,430,235) | |||||
Net increase (decrease) in unrealized depreciation on Derivative contracts | (431,462) | |||||
Translation of assets and liabilities denominated in foreign currencies | 54 | |||||
Net increase (decrease) in unrealized depreciation on investments | (431,408) | |||||
Net realized and unrealized loss on investments and foreign currency transactions | (1,861,643) | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (1,861,643) | |||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | 9,224 | |||||
Total Income | 9,224 | |||||
Expenses: | ||||||
Investment (loss) - net | (9,224) | |||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain (loss) from Derivative contracts | [6] | 6,942,830 | ||||
Foreign currency transactions | (163,238) | |||||
Net, Realized and unrealized loss on investments | 6,779,592 | |||||
Net increase (decrease) in unrealized depreciation on Derivative contracts | 211,088 | |||||
Translation of assets and liabilities denominated in foreign currencies | 24,216 | |||||
Net increase (decrease) in unrealized depreciation on investments | 235,304 | |||||
Net realized and unrealized loss on investments and foreign currency transactions | 7,014,896 | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 7,024,120 | |||||
Galaxy Plus Fund - Quantmetrics Master Fund (527) LLC [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | 36,282 | |||||
Total Income | 36,282 | |||||
Expenses: | ||||||
Investment (loss) - net | (36,282) | |||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain (loss) from Derivative contracts | [6] | 495,833 | ||||
Foreign currency transactions | (5,644) | |||||
Net, Realized and unrealized loss on investments | 490,189 | |||||
Translation of assets and liabilities denominated in foreign currencies | (2,566) | |||||
Net increase (decrease) in unrealized depreciation on investments | (2,566) | |||||
Net realized and unrealized loss on investments and foreign currency transactions | 487,623 | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 523,905 | |||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | 590 | |||||
Total Income | 590 | |||||
Expenses: | ||||||
Investment (loss) - net | 590 | |||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain (loss) from Derivative contracts | [6] | (377,215) | ||||
Foreign currency transactions | 1,197 | |||||
Net, Realized and unrealized loss on investments | (376,018) | |||||
Net increase (decrease) in unrealized depreciation on Derivative contracts | (142,210) | |||||
Translation of assets and liabilities denominated in foreign currencies | (207) | |||||
Net increase (decrease) in unrealized depreciation on investments | (142,417) | |||||
Net realized and unrealized loss on investments and foreign currency transactions | (518,435) | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (519,025) | |||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | 6,285 | |||||
Total Income | 6,285 | |||||
Expenses: | ||||||
Investment (loss) - net | (6,285) | |||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain (loss) from Derivative contracts | [6] | (770,737) | ||||
Foreign currency transactions | 3,881 | |||||
Net, Realized and unrealized loss on investments | (766,856) | |||||
Net increase (decrease) in unrealized depreciation on Derivative contracts | (85,438) | |||||
Translation of assets and liabilities denominated in foreign currencies | 283 | |||||
Net increase (decrease) in unrealized depreciation on investments | (85,155) | |||||
Net realized and unrealized loss on investments and foreign currency transactions | (852,011) | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (845,726) | |||||
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | $ 16,873 | |||||
Total Income | 16,873 | |||||
Expenses: | ||||||
Investment (loss) - net | 16,873 | 16,873 | ||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain (loss) from Derivative contracts | 270,622 | |||||
Foreign currency transactions | (19,193) | |||||
Net, Realized and unrealized loss on investments | 251,429 | 251,429 | ||||
Net increase (decrease) in unrealized depreciation on Derivative contracts | 564,994 | |||||
Translation of assets and liabilities denominated in foreign currencies | 2,743 | |||||
Net increase (decrease) in unrealized depreciation on investments | 567,737 | 567,737 | ||||
Net realized and unrealized loss on investments and foreign currency transactions | 819,166 | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | $ 836,039 | 836,039 | ||||
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | ||||||
Investment income/(loss): | ||||||
Interest - net | $ 14,186 | |||||
Total Income | 14,186 | |||||
Expenses: | ||||||
Investment (loss) - net | 14,186 | 14,186 | ||||
Realized and unrealized gain/(loss) on investments: | ||||||
Net realized gain (loss) from Derivative contracts | 893,051 | |||||
Foreign currency transactions | (7,151) | |||||
Net, Realized and unrealized loss on investments | 885,900 | 885,900 | ||||
Net increase (decrease) in unrealized depreciation on Derivative contracts | 483,457 | |||||
Translation of assets and liabilities denominated in foreign currencies | (901) | |||||
Net increase (decrease) in unrealized depreciation on investments | 482,556 | 482,556 | ||||
Net realized and unrealized loss on investments and foreign currency transactions | 1,368,456 | |||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | $ 1,382,642 | $ 1,382,642 | ||||
[1] | Trading Company VII ceased trading operations April 28, 2016 | |||||
[2] | Trading Company XIV ceased trading operations April 21, 2016 | |||||
[3] | Trading Company XV ceased trading operations May 9, 2017 | |||||
[4] | Trading Company XXIII ceased trading operations July 22, 2016 | |||||
[5] | Trading Company XXIX ceased trading operations January 29, 2016 | |||||
[6] | Includes broker trading commissions |
Statements of Changes in Owners
Statements of Changes in Owners' Capital Equity - USD ($) | Equinox Frontier Diversified Fund [Member]Class 1 [Member]Managing Owner [Member] | Equinox Frontier Diversified Fund [Member]Class 1 [Member]Limited Owner [Member] | Equinox Frontier Diversified Fund [Member]Class 1 [Member] | Equinox Frontier Diversified Fund [Member]Class 2 [Member]Managing Owner [Member] | Equinox Frontier Diversified Fund [Member]Class 2 [Member]Limited Owner [Member] | Equinox Frontier Diversified Fund [Member]Class 2 [Member] | Equinox Frontier Diversified Fund [Member]Class 3 [Member]Managing Owner [Member] | Equinox Frontier Diversified Fund [Member]Class 3 [Member]Limited Owner [Member] | Equinox Frontier Diversified Fund [Member]Class 3 [Member] | Equinox Frontier Diversified Fund [Member]Noncontrolling Interest [Member] | Equinox Frontier Diversified Fund [Member] | Equinox Frontier Masters Fund [Member]Class 1 [Member]Limited Owner [Member] | Equinox Frontier Masters Fund [Member]Class 1 [Member] | Equinox Frontier Masters Fund [Member]Class 2 [Member]Managing Owner [Member] | Equinox Frontier Masters Fund [Member]Class 2 [Member]Limited Owner [Member] | Equinox Frontier Masters Fund [Member]Class 2 [Member] | Equinox Frontier Masters Fund [Member]Class 3 [Member]Managing Owner [Member] | Equinox Frontier Masters Fund [Member]Class 3 [Member]Limited Owner [Member] | Equinox Frontier Masters Fund [Member]Class 3 [Member] | Equinox Frontier Masters Fund [Member]Noncontrolling Interest [Member] | Equinox Frontier Masters Fund [Member] | Equinox Frontier Long/Short Commodity Fund [Member]Class 2 [Member]Managing Owner [Member] | Equinox Frontier Long/Short Commodity Fund [Member]Class 2 [Member]Limited Owner [Member] | Equinox Frontier Long/Short Commodity Fund [Member]Class 2 [Member] | Equinox Frontier Long/Short Commodity Fund [Member]Class 3 [Member]Limited Owner [Member] | Equinox Frontier Long/Short Commodity Fund [Member]Class 3 [Member] | Equinox Frontier Long/Short Commodity Fund [Member]Class 1A [Member]Limited Owner [Member] | Equinox Frontier Long/Short Commodity Fund [Member]Class 1A [Member] | Equinox Frontier Long/Short Commodity Fund [Member]Class 2A [Member]Managing Owner [Member] | Equinox Frontier Long/Short Commodity Fund [Member]Class 2A [Member]Limited Owner [Member] | Equinox Frontier Long/Short Commodity Fund [Member]Class 2A [Member] | Equinox Frontier Long/Short Commodity Fund [Member]Class 3A [Member]Managing Owner [Member] | Equinox Frontier Long/Short Commodity Fund [Member]Class 3A [Member]Limited Owner [Member] | Equinox Frontier Long/Short Commodity Fund [Member]Class 3A [Member] | Equinox Frontier Long/Short Commodity Fund [Member]Noncontrolling Interest [Member] | Equinox Frontier Long/Short Commodity Fund [Member] | Equinox Frontier Balanced Fund [Member]Class 1 [Member]Limited Owner [Member] | Equinox Frontier Balanced Fund [Member]Class 1 [Member] | Equinox Frontier Balanced Fund [Member]Class 2 [Member]Managing Owner [Member] | Equinox Frontier Balanced Fund [Member]Class 2 [Member]Limited Owner [Member] | Equinox Frontier Balanced Fund [Member]Class 2 [Member] | Equinox Frontier Balanced Fund [Member]Class 2A [Member]Managing Owner [Member] | Equinox Frontier Balanced Fund [Member]Class 2A [Member]Limited Owner [Member] | Equinox Frontier Balanced Fund [Member]Class 2A [Member] | Equinox Frontier Balanced Fund [Member]Class 3A [Member]Limited Owner [Member] | Equinox Frontier Balanced Fund [Member]Class 3A [Member] | Equinox Frontier Balanced Fund [Member]Class 1AP [Member]Limited Owner [Member] | Equinox Frontier Balanced Fund [Member]Class 1AP [Member] | Equinox Frontier Balanced Fund [Member]Noncontrolling Interest [Member] | Equinox Frontier Balanced Fund [Member] | Equinox Frontier Select Fund [Member]Class 1 [Member]Limited Owner [Member] | Equinox Frontier Select Fund [Member]Class 1 [Member] | Equinox Frontier Select Fund [Member]Class 2 [Member]Managing Owner [Member] | Equinox Frontier Select Fund [Member]Class 2 [Member]Limited Owner [Member] | Equinox Frontier Select Fund [Member]Class 2 [Member] | Equinox Frontier Select Fund [Member]Class 1AP [Member]Limited Owner [Member] | Equinox Frontier Select Fund [Member]Class 1AP [Member] | Equinox Frontier Select Fund [Member]Noncontrolling Interest [Member] | Equinox Frontier Select Fund [Member] | Equinox Frontier Winton Fund [Member]Class 1 [Member]Limited Owner [Member] | Equinox Frontier Winton Fund [Member]Class 1 [Member] | Equinox Frontier Winton Fund [Member]Class 2 [Member]Managing Owner [Member] | Equinox Frontier Winton Fund [Member]Class 2 [Member]Limited Owner [Member] | Equinox Frontier Winton Fund [Member]Class 2 [Member] | Equinox Frontier Winton Fund [Member]Class 1AP [Member]Limited Owner [Member] | Equinox Frontier Winton Fund [Member]Class 1AP [Member] | Equinox Frontier Winton Fund [Member]Noncontrolling Interest [Member] | Equinox Frontier Winton Fund [Member] | Equinox Frontier Heritage Fund [Member]Class 1 [Member]Limited Owner [Member] | Equinox Frontier Heritage Fund [Member]Class 1 [Member] | Equinox Frontier Heritage Fund [Member]Class 2 [Member]Managing Owner [Member] | Equinox Frontier Heritage Fund [Member]Class 2 [Member]Limited Owner [Member] | Equinox Frontier Heritage Fund [Member]Class 2 [Member] | Equinox Frontier Heritage Fund [Member]Class 1AP [Member]Limited Owner [Member] | Equinox Frontier Heritage Fund [Member]Class 1AP [Member] | Equinox Frontier Heritage Fund [Member]Noncontrolling Interest [Member] | Equinox Frontier Heritage Fund [Member] | Managing Owner [Member] | Limited Owner [Member] | Total | Frontier Trading Company I, LLC [Member] | Frontier Trading Company II LLC [Member] | Frontier Trading Company VII, LLC [Member] | Frontier Trading Company XIV, LLC [Member] | Frontier Trading Company XV, LLC [Member] | Frontier Trading Company XXIII, LLC [Member] | Frontier Trading Company XXIX, LLC [Member] | Frontier Trading Company XXXIV LLC [Member] | Frontier Trading Company XXXV LLC [Member] | Frontier Trading Company XXXVII LLC [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | Frontier Trading Company XXXIX LLC [Member] | Galaxy Plus Fund LLC [Member]Galaxy Plus Fund LLC - 510 Series [Member] | Galaxy Plus Fund LLC [Member]Galaxy Plus Fund LLC - 516 Series [Member] | Galaxy Plus Fund LLC [Member]Galaxy Plus Fund LLC - 517 Series [Member] | Galaxy Plus Fund LLC [Member]Galaxy Plus Fund LLC - 518 Series [Member] | Galaxy Plus Fund LLC [Member]Galaxy Plus Fund LLC - 522 Series [Member] | Galaxy Plus Fund LLC [Member]Galaxy Plus Fund LLC - 526 Series [Member] | Galaxy Plus Fund LLC [Member]Galaxy Plus Fund LLC - 527 Series [Member] | Galaxy Plus Fund LLC [Member]Galaxy Plus Fund LLC - 528 Series [Member] | Galaxy Plus Fund LLC [Member]Galaxy Plus Fund LLC - 531 Series [Member] | Galaxy Plus Fund LLC [Member]Galaxy Plus Fund LLC - 532 Series [Member] | Galaxy Plus Fund LLC [Member]Galaxy Plus Fund LLC - 535 Series [Member] | Galaxy Plus Fund LLC [Member]Galaxy Plus Fund LLC - 538W Series [Member] | Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Galaxy Plus Fund - Chesapeake Master Fund (518) LLC [Member] | Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Galaxy Plus Fund - Quantmetrics Master Fund (527) LLC [Member] | Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | |||||||||||||||||||||||||||||||||||||||||||||||||
Owners' Capital, Beginning balance at Dec. 31, 2014 | $ 19,195,036 | $ 2,516,879 | $ 32,707,413 | $ 31,632 | $ 5,556,649 | $ 12,417,767 | $ 72,425,376 | $ 11,850,911 | $ 723,207 | $ 8,145,536 | $ 32,741 | $ 4,955,459 | $ 25,707,854 | $ 426,377 | $ 820,104 | $ 7,233,099 | $ 5,776,906 | $ 247,434 | $ 1,455,117 | $ 12,228 | $ 645,654 | $ 16,616,919 | $ 72,098,275 | $ 1,425,355 | $ 22,125,342 | $ 189,344 | $ 410,943 | $ 2,528,303 | $ 748,275 | $ 8,944,274 | $ 108,470,111 | $ 13,663,563 | $ 9,052 | $ 1,549,078 | $ 47,785 | $ 15,269,478 | $ 26,870,878 | $ 46,764 | $ 13,095,549 | $ 38,042 | $ 40,051,233 | $ 9,761,819 | $ 75,621 | $ 3,131,561 | $ 58,378 | $ 3,539,498 | $ 16,566,877 | $ 5,672,261 | $ 264,534,048 | $ 270,206,309 | $ 25,979,705 | $ 14,324,969 | $ 10,240,142 | $ 4,707,022 | $ 15,400,970 | $ 3,524,969 | $ 1,666,545 | $ 18,934,047 | $ 6,570,409 | $ 3,633,060 | $ 4,313,683 | $ 7,540,466 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sale of Units | 1,849,550 | 4,193,326 | 6,490,334 | 12,533,210 | 2,092,649 | 174,300 | 3,820,000 | 6,086,949 | 67,800 | 29,300 | 415,099 | 512,199 | 215,189 | 19,235 | 1,457 | 235,881 | 18,418 | 930 | 19,348 | 175,616 | 175,616 | 41,712 | 1,288 | 43,000 | 19,606,202 | 19,606,202 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Redemption of Units | (10,085,317) | (6,595,532) | (2,875,045) | (19,555,894) | (5,299,823) | (1,041,711) | (2,162,727) | (8,504,261) | (226,318) | (1,101,195) | (1,587,283) | (402,748) | (167,791) | (3,485,335) | (8,249,954) | (982,356) | (60,850) | (127,078) | (39,001) | (9,459,239) | (1,275,096) | (187,051) | (1,462,147) | (2,337,287) | (787,381) | (3,124,668) | (766,234) | (312,995) | (1,079,229) | (46,670,773) | (46,670,773) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Change in control of ownership - Trading Companies | (16,894,354) | (16,894,354) | (8,052,252) | (8,052,252) | 6,781,935 | 6,781,935 | 5,793,526 | 5,793,526 | 186,259 | 186,259 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Change in control of ownership - Private investment companies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Capital Contributed | 152,936,600 | 32,277,000 | 54,479,000 | 7,272,500 | 975,100 | 17,805,000 | 4,042,000 | 11,282,015 | 1,000,000 | 14,336,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Capital Distributed | (165,396,061) | (37,200,000) | (60,937,393) | (7,550,000) | (2,690,500) | (19,100,000) | (3,100,000) | (11,432,553) | (12,050,000) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Payment made by the Managing Owner | 47,134 | 82,416 | 14,799 | 144,349 | 69,364 | 397,940 | 312,393 | 90,860 | 36,605 | 907,162 | 115,486 | 38,375 | 885 | 4,131 | 1,222 | 160,099 | 1,211,610 | 1,211,610 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Operations attributable to non-controlling interests | 4,476,587 | 4,476,587 | 259,719 | 259,719 | 34,600 | 34,600 | 574,125 | 574,125 | 208,163 | 208,163 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net investment income | (4,255,718) | (1,861,156) | (1,066,283) | (5,562,231) | (968,941) | (2,967,138) | (797,550) | (17,479,018) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net increase/(decrease) in Owners' Capital resulting from operations | 807,831 | 99,379 | 1,629,219 | 1,332 | 47,931 | 2,585,692 | (319,937) | (10,816) | (97,158) | (409) | (33,923) | (462,243) | (19,122) | (76,805) | (623,175) | (516,062) | (11,463) | (120,835) | (538) | (90,094) | (1,458,094) | (1,615,659) | 4,189 | 78,268 | 2,301 | 5,447 | 30,065 | 2,794 | (1,492,595) | (696,368) | (238) | (32,668) | (1,350) | (730,624) | (1,686,407) | (1,802) | (470,963) | (1,466) | (2,160,638) | (408,571) | (1,292) | (39,542) | (1,143) | (450,548) | 125,894 | (4,294,943) | (4,169,049) | 9,626,503 | 3,942,397 | 4,220,713 | (985,611) | 57,767 | 836,116 | (1,588,899) | 374,013 | 2,115,441 | (300,633) | (3,624,988) | 419,803 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Owners' Capital, Ending balance at Dec. 31, 2015 | $ 11,814,234 | $ 2,616,258 | $ 32,016,842 | $ 32,964 | $ 9,234,668 | 55,714,966 | $ 8,323,800 | $ 712,391 | $ 7,180,967 | $ 32,332 | $ 6,578,809 | 22,828,299 | $ 407,255 | $ 586,345 | $ 5,906,669 | $ 4,053,754 | $ 235,971 | $ 1,051,694 | $ 11,690 | $ 839,473 | 13,092,851 | $ 62,563,337 | $ 1,429,544 | $ 21,278,864 | $ 191,645 | $ 356,425 | $ 2,435,421 | $ 714,747 | 1,151,741 | 90,121,724 | $ 11,710,517 | $ 8,814 | $ 1,329,359 | $ 47,365 | 6,816,535 | 19,912,590 | $ 23,022,800 | $ 44,962 | $ 11,837,205 | $ 36,576 | 6,367,651 | 41,309,194 | $ 8,628,726 | $ 74,329 | $ 2,779,024 | $ 58,523 | 3,933,920 | 15,474,522 | 5,798,155 | 234,386,144 | 240,184,299 | 23,146,747 | 13,344,366 | 8,002,462 | 3,443,911 | 13,743,337 | 3,066,085 | 1,019,646 | 19,157,522 | 8,685,850 | 4,332,427 | 2,974,695 | 7,960,269 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Owners' Capital - Units, Beginning balance at Dec. 31, 2014 | 169,725 | 20,188 | 262,346 | 275 | 48,308 | 101,632 | 5,627 | 63,376 | 275 | 41,622 | 3,083 | 5,930 | 52,285 | 57,130 | 2,222 | 13,069 | 109 | 5,777 | 548,117 | 7,956 | 123,491 | 1,237 | 2,686 | 16,577 | 5,618 | 142,913 | 70 | 12,058 | 494 | 152,717 | 207 | 57,886 | 214 | 74,927 | 428 | 17,736 | 443 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Owners' Capital - Units, Sale of Units | 15,495 | 31,914 | 51,978 | 17,886 | 1,377 | 32,012 | 648 | 276 | 3,511 | 1,584 | 101 | 10 | 193 | 9 | 1,010 | 315 | 9 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Owners' Capital - Units, Redemption of Units | (82,951) | (47,208) | (23,245) | (45,771) | (8,033) | (17,679) | (1,491) | (7,583) | (15,000) | (3,440) | (1,432) | (61,021) | (5,173) | (384) | (801) | (277) | (13,494) | (1,432) | (13,488) | (3,464) | (5,806) | (1,723) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Owners' Capital - Units, Ending balance at Dec. 31, 2015 | 102,269 | 20,188 | 247,052 | 275 | 77,041 | 73,747 | 5,627 | 56,720 | 275 | 55,955 | 3,083 | 4,439 | 44,702 | 42,778 | 2,222 | 9,905 | 109 | 7,856 | 488,680 | 7,956 | 118,419 | 1,237 | 2,302 | 15,776 | 5,351 | 129,612 | 70 | 10,626 | 503 | 140,239 | 207 | 54,422 | 214 | 69,436 | 428 | 16,013 | 452 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net asset value per unit, Beginning balance at Dec. 31, 2014 | $ 113.09 | $ 113.09 | [1] | $ 124.67 | [2] | $ 124.67 | [2] | $ 124.67 | [1] | $ 115.03 | [2] | $ 115.03 | [2] | $ 115.03 | [1] | $ 116.61 | $ 116.61 | [1] | $ 128.53 | [2] | $ 128.53 | [2] | $ 128.53 | [1] | $ 119.06 | [2] | $ 119.06 | [2] | $ 119.06 | [1] | $ 138.30 | [2] | $ 138.30 | [2] | $ 138.30 | [1] | $ 138.34 | $ 138.34 | [1] | $ 101.12 | $ 101.12 | [1] | $ 111.35 | [2] | $ 111.35 | [2] | $ 111.35 | [1] | $ 111.77 | [2] | $ 111.77 | [2] | $ 111.77 | [1] | $ 131.54 | $ 131.54 | [1] | $ 179.16 | [2] | $ 179.16 | [2] | $ 179.16 | [1] | $ 153.02 | [2] | $ 153.02 | [2] | $ 153.02 | [1] | $ 152.52 | $ 152.52 | [1] | $ 133.20 | $ 133.20 | [1] | $ 95.61 | $ 95.61 | [1] | $ 128.48 | [2] | $ 128.48 | [2] | $ 128.48 | [1] | $ 96.82 | $ 96.82 | [1] | $ 175.95 | $ 175.95 | [1] | $ 226.23 | [2] | $ 226.23 | [2] | $ 226.23 | [1] | $ 178.18 | $ 178.18 | [1] | $ 130.28 | $ 130.28 | [1] | $ 176.56 | [2] | $ 176.56 | [2] | $ 176.56 | [1] | $ 131.93 | $ 131.93 | [1] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Change in net asset value per unit for the period | 2.43 | 4.93 | [2] | 4.93 | [2] | 4.84 | [2] | 4.84 | [2] | (3.74) | (1.93) | [2] | (1.93) | [2] | (1.49) | [2] | (1.49) | [2] | (6.20) | [2] | (6.20) | [2] | (6.20) | (6.36) | (5.16) | [2] | (5.16) | [2] | (4.91) | [2] | (4.91) | [2] | (3.51) | 0.53 | [2] | 0.53 | [2] | 1.86 | [2] | 1.86 | [2] | 1.85 | 0.39 | (5.26) | (3.37) | [2] | (3.37) | [2] | (2.54) | (11.78) | (8.72) | [2] | (8.72) | [2] | (6.87) | (6.01) | (3.02) | [2] | (3.02) | [2] | (2.26) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net asset value per unit, Ending balance at Dec. 31, 2015 | $ 115.52 | $ 115.52 | [1] | $ 129.60 | [2] | $ 129.60 | [2] | $ 129.60 | [1] | $ 119.87 | [2] | $ 119.87 | [2] | $ 119.87 | [1] | $ 112.87 | $ 112.87 | [1] | $ 126.60 | [2] | $ 126.60 | [2] | $ 126.60 | [1] | $ 117.57 | [2] | $ 117.57 | [2] | $ 117.57 | [1] | $ 132.10 | [2] | $ 132.10 | [2] | $ 132.10 | [1] | $ 132.14 | $ 132.14 | [1] | $ 94.76 | $ 94.76 | [1] | $ 106.19 | [2] | $ 106.19 | [2] | $ 106.19 | [1] | $ 106.86 | [2] | $ 106.86 | [2] | $ 106.86 | [1] | $ 128.03 | $ 128.03 | [1] | $ 179.69 | [2] | $ 179.69 | [2] | $ 179.69 | [1] | $ 154.88 | [2] | $ 154.88 | [2] | $ 154.88 | [1] | $ 154.37 | $ 154.37 | [1] | $ 133.59 | $ 133.59 | [1] | $ 90.35 | $ 90.35 | [1] | $ 125.11 | [2] | $ 125.11 | [2] | $ 125.11 | [1] | $ 94.28 | $ 94.28 | [1] | $ 164.17 | $ 164.17 | [1] | $ 217.51 | [2] | $ 217.51 | [2] | $ 217.51 | [1] | $ 171.31 | $ 171.31 | [1] | $ 124.27 | $ 124.27 | [1] | $ 173.54 | [2] | $ 173.54 | [2] | $ 173.54 | [1] | $ 129.67 | $ 129.67 | [1] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sale of Units | $ 560,094 | $ 8,879,067 | $ 797,382 | 10,236,543 | $ 125,188 | $ 157,500 | 282,688 | $ 314,062 | 314,062 | $ 214,073 | $ 4,923 | $ 14,548 | 233,544 | $ 16,022 | 16,022 | $ 159,082 | 159,082 | $ 35,716 | 35,716 | 4,923 | 11,272,734 | 11,277,657 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Redemption of Units | (1,914,393) | (2,223,584) | (3,814,721) | (2,690,710) | (10,643,408) | (1,368,307) | (387,936) | (2,204,970) | (2,472,603) | (6,433,816) | (100,160) | (67,136) | (1,457,594) | (1,858,010) | (314,992) | (210,324) | (4,008,216) | (8,950,159) | (1,020,943) | (1,160,034) | (78,366) | (897,320) | (95,000) | (12,201,822) | (1,700,518) | (25,360) | (21,949) | (1,747,827) | (1,620,516) | (88,086) | (1,708,602) | (871,326) | (90,031) | (56,051) | (1,017,408) | (3,732,623) | (34,028,475) | (37,761,098) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Transfer of Units In(Out) | (5,531,885) | 5,531,885 | (1,835,158) | 1,835,158 | (220,002) | 220,002 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Change in control of ownership - Trading Companies | (131,876) | (131,876) | (1,799,853) | (1,799,853) | (3,698,113) | (3,698,113) | 2,276,508 | 2,276,508 | (1,003,733) | (1,003,733) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Change in control of ownership - Private investment companies | (1,799,853) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Capital Contributed | 175,068,296 | 173,832,267 | 20,283,579 | 3,205,916 | 7,771,910 | 8,295,740 | 2,207,000 | 17,027,822 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Capital Distributed | (195,185,435) | (168,961,025) | (32,986,416) | (7,696,626) | (14,817,369) | (13,313,497) | (3,361,070) | (4,926,555) | (2,500,000) | (115,000) | (6,405,067) | (1,900,000) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Operations attributable to non-controlling interests | 131,876 | 131,876 | 648,112 | 648,112 | 989,394 | 989,394 | 464,175 | 464,175 | 217,092 | 217,092 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net investment income | (3,006,551) | (1,253,025) | (484,913) | (4,540,808) | (791,771) | (2,232,672) | (609,327) | (12,919,067) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net increase/(decrease) in Owners' Capital resulting from operations | 261,370 | 67,522 | 690,197 | 935 | 143,266 | 1,163,290 | 116,103 | 12,236 | 187,374 | 638 | 175,785 | 492,136 | (7,206) | (10,735) | (43,212) | (62,147) | (1,229) | (8,249) | 25 | (417) | (133,170) | 3,128,120 | 116,863 | 1,737,792 | 17,467 | 29,085 | 210,905 | 57,434 | 5,297,666 | 514,681 | 583 | 98,044 | 4,481 | 617,789 | (1,276,431) | (1,409) | (346,559) | (1,098) | (1,625,498) | (286,044) | (669) | (18,278) | 3,354 | (301,637) | 205,756 | 5,304,821 | 5,510,577 | 3,853,996 | 991,398 | 4,700,375 | 1,046,799 | 2,149,396 | 1,951,672 | 134,424 | (218,072) | (48,003) | (111,959) | (2,413,347) | 431,145 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Owners' Capital, Ending balance at Dec. 31, 2016 | $ 5,189,420 | $ 460,196 | $ 37,771,385 | $ 33,899 | $ 13,016,491 | 56,471,391 | $ 5,361,626 | $ 336,691 | $ 5,320,871 | $ 32,970 | $ 6,117,149 | 17,169,307 | $ 299,889 | $ 508,474 | $ 4,405,863 | $ 1,913,595 | $ 234,742 | $ 728,453 | $ 11,715 | $ 1,162,796 | 9,265,527 | $ 56,955,371 | $ 530,387 | $ 21,871,170 | $ 209,112 | $ 307,144 | $ 1,749,006 | $ 677,181 | 82,299,371 | $ 10,540,702 | $ 9,397 | $ 1,402,043 | $ 29,897 | 4,107,816 | 16,089,855 | $ 20,284,935 | $ 43,553 | $ 11,402,560 | $ 35,478 | 9,108,334 | 40,874,860 | $ 7,507,072 | $ 73,660 | $ 2,670,715 | $ 5,826 | 3,147,279 | 13,404,552 | 2,276,211 | 216,935,224 | 219,211,435 | 6,883,604 | 19,207,006 | 8,847,274 | 14,012,895 | 6,137,847 | 4,105,468 | 11,184,103 | 6,491,414 | $ 11,905,249 | $ 11,561,089 | $ 3,872,987 | $ 11,473,988 | $ 7,587,244 | $ 20,486,570 | $ 19,230,153 | $ 6,527,110 | $ 4,620,230 | $ 11,183,404 | $ 4,627,141 | $ 11,505,482 | $ 6,557,058 | $ 11,651,029 | $ 11,452,916 | $ 7,717,549 | $ 21,456,623 | $ 19,261,458 | $ 3,883,778 | $ 11,198,960 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Owners' Capital - Units, Sale of Units | 4,688 | 55,161 | 50,540 | 1,044 | 1,216 | 14,898 | 4,929 | 1,630 | 105 | 168 | 963 | 281 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Owners' Capital - Units, Redemption of Units | (62,388) | (16,726) | (18,089) | (21,987) | (27,261) | (3,012) | (16,618) | (19,831) | (767) | (515) | (11,017) | (22,150) | (3,012) | (1,969) | (67,780) | (5,236) | (6,358) | (485) | (5,396) | (680) | (17,721) | (182) | (207) | (9,919) | (378) | (6,938) | (495) | (407) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Owners' Capital - Units, Ending balance at Dec. 31, 2016 | 44,569 | 44,569 | 3,462 | 284,124 | 287,586 | 275 | 105,594 | 105,869 | 47,530 | 47,531 | 2,615 | 41,318 | 43,933 | 275 | 51,022 | 51,297 | 2,316 | 3,924 | 6,240 | 33,685 | 33,685 | 20,628 | 20,628 | 2,222 | 6,893 | 9,115 | 109 | 10,816 | 10,925 | 422,530 | 422,529 | 2,720 | 112,166 | 114,886 | 1,237 | 1,817 | 3,054 | 10,380 | 10,380 | 4,671 | 4,671 | 112,059 | 112,059 | 70 | 10,444 | 10,514 | 296 | 296 | 131,283 | 131,283 | 207 | 54,044 | 54,251 | 214 | 214 | 62,779 | 62,779 | 428 | 15,518 | 15,946 | 45 | 45 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Change in net asset value per unit for the period | $ 0.91 | $ 3.34 | [2] | $ 3.34 | [2] | $ 3.40 | [2] | $ 3.40 | [2] | $ (0.07) | $ 2.18 | [2] | $ 2.18 | [2] | $ 2.32 | [2] | $ 2.32 | [2] | $ (2.54) | [2] | $ (2.54) | [2] | $ (1.34) | $ (1.98) | $ (0.52) | [2] | $ (0.52) | [2] | $ 0.64 | [2] | $ 0.64 | [2] | $ 6.77 | $ 15.30 | [2] | $ 15.30 | [2] | $ 14.17 | [2] | $ 14.17 | [2] | $ 14.12 | $ 11.38 | $ 3.71 | $ 9.14 | [2] | $ 9.14 | [2] | $ 6.88 | $ (9.66) | $ (6.53) | [2] | $ (6.53) | [2] | $ (5.14) | $ (4.69) | $ (1.44) | [2] | $ (1.44) | [2] | $ (1.07) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net asset value per unit, Ending balance at Dec. 31, 2016 | $ 116.43 | $ 116.43 | [1] | $ 132.94 | [2] | $ 132.94 | [2] | $ 132.94 | [1] | $ 123.27 | [2] | $ 123.27 | [2] | $ 123.27 | [1] | $ 112.80 | $ 112.80 | [1] | $ 128.78 | [2] | $ 128.78 | [2] | $ 128.78 | [1] | $ 119.89 | [2] | $ 119.89 | [2] | $ 119.89 | [1] | $ 129.56 | [2] | $ 129.56 | [2] | $ 129.56 | [1] | $ 130.80 | $ 130.80 | [1] | $ 92.78 | $ 92.78 | [1] | $ 105.67 | [2] | $ 105.67 | [2] | $ 105.67 | [1] | $ 107.50 | [2] | $ 107.50 | [2] | $ 107.50 | [1] | $ 134.80 | $ 134.80 | [1] | $ 194.99 | [2] | $ 194.99 | [2] | $ 194.99 | [1] | $ 169.05 | [2] | $ 169.05 | [2] | $ 169.05 | [1] | $ 168.49 | $ 168.49 | [1] | $ 144.97 | $ 144.97 | [1] | $ 94.06 | $ 94.06 | [1] | $ 134.25 | [2] | $ 134.25 | [2] | $ 134.25 | [1] | $ 101.16 | $ 101.16 | [1] | $ 154.51 | $ 154.51 | [1] | $ 210.98 | [2] | $ 210.98 | [2] | $ 210.98 | [1] | $ 166.17 | $ 166.17 | [1] | $ 119.58 | $ 119.58 | [1] | $ 172.10 | [2] | $ 172.10 | [2] | $ 172.10 | [1] | $ 128.60 | $ 128.60 | [1] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Sale of Units | $ 3,063 | $ 599,571 | $ 182,372 | 785,006 | $ 2,610 | $ 65,000 | 67,610 | $ 34,027 | $ 4,937 | $ 123,835 | 162,799 | $ 1,467 | $ 98,345 | 99,812 | $ 16,141 | $ 267,829 | 283,970 | $ 9,861 | $ 24,575 | 34,436 | 696,956 | 736,677 | 1,433,633 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Redemption of Units | (1,682,241) | (464,612) | (30,088,881) | (5,165,979) | (37,401,713) | (858,657) | (227,040) | (2,033,381) | (2,371,639) | (5,490,717) | $ (266,500) | $ (254,592) | $ (1,738,353) | $ (751,844) | $ (210,852) | $ (255,931) | $ (10,565) | $ (1,099,228) | (4,587,865) | (18,642,950) | $ (401,984) | (15,828,193) | (4,000) | (123,043) | (430,276) | (100,517) | (35,530,963) | (4,000,256) | (34,300) | (529,559) | (6,074) | (4,570,189) | (7,287,300) | (160,000) | (10,072,894) | (17,520,194) | (2,039,347) | (31,000) | (1,909,301) | (3,979,648) | (1,810,853) | (107,228,434) | (109,039,287) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Transfer of Units In(Out) | (1,174,984) | 1,174,984 | (1,571,804) | 1,571,804 | (1,051,248) | 1,051,248 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Change in control of ownership - Trading Companies | (3,638,738) | (3,638,738) | (10,678,699) | (10,678,699) | (2,424,186) | (2,424,186) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Change in control of ownership - Private investment companies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Capital Contributed | 5,974,621 | 9,248,169 | 3,695,073 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Capital Distributed | (4,734,216) | (18,566,718) | (8,005,604) | (7,514,000) | (2,214,000) | (3,850,050) | (11,763,129) | (5,000,000) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Operations attributable to non-controlling interests | (469,078) | (469,078) | 1,570,365 | 1,570,365 | (144,019) | (144,019) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net investment income | (1,400,967) | (866,055) | (191,513) | (3,603,966) | (491,812) | (1,895,361) | 562,441 | (9,016,742) | (363,360) | (1,570,201) | (78,147) | (245,268) | (343,650) | (2,154,866) | (290,910) | (166,734) | (218,092) | (118,273) | (112,166) | (729,574) | 11,523 | (10,631) | (52,087) | (9,224) | (36,282) | 590 | (6,285) | 16,873 | 14,186 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net unrealized gain/(loss) on investments | 236,025 | 3,900,275 | (142,417) | 423,735 | (431,408) | 235,304 | (2,566) | (40,619) | 567,737 | 356,275 | (85,155) | 482,556 | (394,851) | 99,242 | 368,608 | 1,185,287 | 2,406,455 | (1,430,235) | 6,779,592 | 490,189 | (376,018) | (766,856) | 251,429 | 885,900 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net increase (decrease) in unrealized depreciation on investments | 2,406,455 | 1,185,287 | (376,018) | 99,242 | (1,430,235) | 6,779,592 | 490,189 | 368,608 | 251,429 | (394,851) | (766,856) | 885,900 | 356,275 | 423,735 | (40,619) | 3,900,275 | 236,025 | (431,408) | 235,304 | (2,566) | (142,417) | (85,155) | 567,737 | 482,556 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Payment made by Related Party | 32,681 | 25,384 | 81 | 58,146 | 58,146 | 58,146 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net increase/(decrease) in Owners' Capital resulting from operations | (3,036) | 7,777 | 1,347,310 | (3,107) | 263,059 | 1,612,003 | (20,233) | (22,307) | 98,766 | 1,239 | 153,475 | 210,940 | (21,390) | (6,981) | (194,516) | (2,884) | 10,222 | (63,990) | 609 | (144,680) | (423,610) | 397,555 | 19,485 | 781,225 | 9,708 | 7,175 | 61,241 | 24,583 | 1,300,972 | (628,933) | (3,147) | (77,185) | (469) | (709,734) | 56,157 | 2,170 | 200,673 | 2,202 | 261,202 | (41,715) | (3,589) | (64,388) | 257 | (109,435) | (2,330) | 2,144,668 | 2,142,338 | (496,247) | 4,611,221 | (841,669) | (84,491) | (47,375) | 26,621 | (964,178) | (297,047) | 2,279,120 | 3,515,361 | (596,582) | 277,709 | (2,205,293) | 4,860,030 | 196,713 | 161,255 | 601,074 | (156,849) | (964,177) | 638,882 | (27,053) | 533,608 | 327,989 | 5,085,562 | 2,694,567 | (1,861,643) | 7,024,120 | 523,905 | (519,025) | (845,726) | 836,039 | 1,382,642 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from issuance of capital | 2,074,547 | 1,780,805 | 227,676 | 1,305,477 | 650,438 | 7,513,651 | 412,515 | 259,368 | 7,715,240 | 572,954 | 1,500,000 | 38,764,659 | 517,016 | 647,541 | 241,819 | 1,426,189 | 1,295,860 | 542,017 | 2,010,090 | 341,758 | 1,493,593 | 191,546 | 7,368,433 | 37,621,540 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from in-kind contribution | 561,846 | 561,846 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Payments for redemptions of capital | (6,429,591) | (10,316,156) | (2,743,055) | (10,162,992) | (4,545,229) | (19,247,794) | (13,635,089) | (3,188,102) | (3,650,248) | (3,116,311) | (9,567,696) | (16,357,970) | (3,192,662) | (10,199,044) | (3,347,600) | (11,596,409) | (6,451,315) | (4,902,824) | (19,622,576) | (13,906,448) | (9,692,531) | (2,794,410) | (3,500,496) | (15,655,040) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net increase in member's equity resulting from capital transactions | (4,355,044) | (8,535,351) | (2,515,379) | (8,857,515) | (3,894,791) | (11,734,143) | (13,222,574) | (2,928,734) | 4,626,838 | (2,543,357) | (8,067,696) | 22,406,689 | (2,675,646) | (9,551,503) | (3,105,781) | (10,170,220) | (5,155,455) | (4,360,807) | (17,612,486) | (13,564,690) | (8,198,938) | (2,602,864) | 4,429,783 | 21,966,500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Total increase | (2,075,924) | (5,019,990) | (3,111,961) | (8,579,806) | (6,100,084) | (6,874,113) | (13,025,861) | (2,767,479) | 5,227,912 | (2,700,206) | (9,031,873) | 23,045,571 | (2,702,699) | (9,017,895) | (2,777,792) | (5,084,658) | (2,460,888) | (6,222,450) | (10,588,366) | (13,040,785) | (9,044,664) | (3,121,889) | 5,265,822 | 23,349,142 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Owners' Capital, Ending balance at Dec. 31, 2017 | $ 2,332,222 | $ 3,361 | $ 9,629,385 | $ 213,164 | $ 9,288,555 | $ 21,466,687 | $ 2,913,542 | $ 87,344 | $ 3,451,256 | $ 34,209 | $ 5,470,789 | $ 11,957,140 | $ 11,999 | $ 246,901 | $ 2,472,994 | $ 107,619 | $ 34,112 | $ 408,532 | $ 1,759 | $ 970,136 | $ 4,254,052 | $ 38,744,003 | $ 147,888 | $ 6,829,139 | $ 338,655 | $ 191,276 | $ 1,379,971 | $ 601,247 | $ 48,232,179 | $ 5,912,980 | $ 70,295 | $ 795,299 | $ 23,354 | $ 6,801,928 | $ 13,102,614 | $ 153,552 | $ 1,555,723 | $ 37,761 | $ 14,849,650 | $ 5,435,871 | $ 63,646 | $ 697,026 | $ 6,083 | $ 579,074 | $ 6,781,700 | $ 1,159,984 | $ 12,604,281 | $ 113,764,265 | $ 7,627,762 | $ 14,499,678 | $ 6,414,404 | $ 3,876,472 | $ 282,039 | $ 2,151,869 | $ 1,194,367 | $ 9,829,325 | $ 6,541,099 | $ 761,026 | $ 2,894,182 | $ 1,487,160 | $ 13,612,457 | $ 6,204,292 | $ 3,759,631 | $ 5,227,912 | $ 1,920,024 | $ 2,151,531 | $ 23,045,571 | $ 1,924,442 | $ 2,487,587 | $ 3,779,266 | $ 6,566,371 | $ 8,992,028 | $ 1,495,099 | $ 10,868,257 | $ 6,220,673 | $ 2,154,296 | $ 761,889 | $ 5,265,822 | $ 23,349,142 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Owners' Capital - Units, Sale of Units | 26 | 4,572 | 1,421 | 8,264 | 23 | 505 | 13,399 | 8,513 | 255 | 25 | 712 | 16 | 753 | 332 | 1,252 | 127 | 83 | 143 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Owners' Capital - Units, Redemption of Units | (24,561) | (3,437) | (217,468) | (39,953) | (22,159) | (1,960) | (15,925) | (20,442) | (2,212) | (1,793) | (13,330) | (19,305) | (1,858) | (2,527) | (91) | (9,429) | (137,829) | (1,991) | (78,534) | (23) | (728) | (2,503) | (678) | (46,573) | (293) | (4,452) | (62) | (49,248) | (750) | (46,985) | (18,007) | (194) | (11,662) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Owners' Capital - Units, Ending balance at Dec. 31, 2017 | 20,035 | 20,035 | 25 | 71,229 | 71,254 | 1,696 | 73,905 | 75,601 | 25,393 | 25,393 | 655 | 25,898 | 26,553 | 275 | 43,979 | 44,254 | 104 | 2,131 | 2,236 | 20,355 | 20,354 | 1,323 | 1,323 | 364 | 4,366 | 4,730 | 18 | 9,900 | 9,918 | 284,956 | 284,956 | 729 | 33,657 | 34,386 | 1,926 | 1,089 | 3,015 | 7,877 | 7,877 | 3,993 | 3,993 | 65,502 | 65,502 | 530 | 5,992 | 6,521 | 234 | 233 | 82,367 | 82,367 | 709 | 7,186 | 7,895 | 214 | 214 | 44,855 | 44,855 | 377 | 3,856 | 4,233 | 45 | 45 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Change in net asset value per unit for the period | $ (0.02) | $ 2.25 | [2] | $ 2.25 | [2] | $ 2.41 | [2] | $ 2.41 | [2] | $ 1.94 | $ 4.49 | [2] | $ 4.49 | [2] | $ 4.51 | [2] | $ 4.51 | [2] | $ (13.75) | [2] | $ (13.75) | [2] | $ (9.30) | $ (11.43) | $ (12.08) | [2] | $ (12.08) | [2] | $ (9.51) | [2] | $ (9.51) | [2] | $ 1.17 | $ 7.91 | [2] | $ 7.91 | [2] | $ 6.72 | [2] | $ 6.72 | [2] | $ 6.69 | $ 5.59 | $ (3.79) | $ (1.52) | [2] | $ (1.52) | [2] | $ (1.14) | $ 4.56 | $ 5.52 | [2] | $ 5.52 | [2] | $ 10.27 | $ 1.61 | $ 7.60 | [2] | $ 7.60 | [2] | $ 5.68 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Net asset value per unit, Ending balance at Dec. 31, 2017 | $ 116.41 | $ 116.41 | [1] | $ 135.19 | [2] | $ 135.19 | [2] | $ 135.19 | [1] | $ 125.68 | [2] | $ 125.68 | [2] | $ 125.68 | [1] | $ 114.74 | $ 114.74 | [1] | $ 133.27 | [2] | $ 133.27 | [2] | $ 133.27 | [1] | $ 124.40 | [2] | $ 124.40 | [2] | $ 124.40 | [1] | $ 115.81 | [2] | $ 115.81 | [2] | $ 115.81 | [1] | $ 121.50 | $ 121.50 | [1] | $ 81.35 | $ 81.35 | [1] | $ 93.59 | [2] | $ 93.59 | [2] | $ 93.59 | [1] | $ 97.99 | [2] | $ 97.99 | [2] | $ 97.99 | [1] | $ 135.96 | $ 135.96 | [1] | $ 202.90 | [2] | $ 202.90 | [2] | $ 202.90 | [1] | $ 175.77 | [2] | $ 175.77 | [2] | $ 175.77 | [1] | $ 175.18 | $ 175.18 | [1] | $ 150.56 | $ 150.56 | [1] | $ 90.27 | $ 90.27 | [1] | $ 132.73 | [2] | $ 132.73 | [2] | $ 132.73 | [1] | $ 100.02 | $ 100.02 | [1] | $ 159.08 | $ 159.08 | [1] | $ 216.50 | [2] | $ 216.50 | [2] | $ 216.50 | [1] | $ 176.44 | $ 176.44 | [1] | $ 121.19 | $ 121.19 | [1] | $ 179.70 | [2] | $ 179.70 | [2] | $ 179.70 | [1] | $ 134.28 | $ 134.28 | [1] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
[1] | Interest income and expenses per unit are calculated by dividing these amounts by the average number of units outstanding during the period. The net gain/(loss) on investments, net of non-controlling interests is a balancing amount necessary to reconcile the change in net asset value per unit with the other per unit information. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
[2] | Values are for both the Managing Owner and Limited Owners. |
Statements of Cash Flows
Statements of Cash Flows - USD ($) | 12 Months Ended | |||
Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | ||
Cash Flows from Operating Activities: | ||||
Net increase/(decrease) in capital resulting from operations | $ 2,142,338 | $ 5,510,577 | $ (4,169,049) | |
Change in: | ||||
Net change in open trade equity/(deficit), at fair value | 577,793 | (7,171,709) | 19,173,292 | |
Net change in options purchased, at fair value | 526,288 | 8,549,595 | ||
Net change in options written, at fair value | (165,760) | (8,798,078) | ||
Increase and/or decrease in: | ||||
Receivable from futures commission merchants | 12,267,411 | 39,879,557 | (6,820,222) | |
Prepaid service fees | 24,251 | (8,209) | ||
Interest receivable | 583,323 | 1,241,463 | 111,502 | |
Receivable from related parties | 29,524 | (84,550) | 2,541 | |
Other assets | 29 | 499,993 | ||
Incentive fees receivable to Managing Owner | (57,082) | |||
Incentive fees payable to Managing Owner | 53,036 | (382,136) | (6,283,192) | |
Management fees payable to Managing Owner | (342,458) | 30,487 | (65,211) | |
Interest payable to Managing Owner | (37,268) | (98,846) | (40,965) | |
Trading fees payable to Managing Owner | (188,614) | 240,577 | (42,332) | |
Service fees payable to Managing Owner | (91,075) | (34,336) | (62,259) | |
Risk analysis fees payable | 9,903 | 15,673 | ||
Payables to related parties | (85,078) | 21,334 | 25,817 | |
Due to Managing Owner | (31,887) | |||
Interest payable | ||||
Other liabilities | 134,935 | 144,042 | (6) | |
Net cash provided by (used in) operating activities | 106,598,841 | 7,324,176 | 20,403,118 | |
Cash Flows from Financing Activities: | ||||
Proceeds from sale of units | 1,433,633 | 11,277,657 | 19,606,202 | |
Payment for redemption of units | (109,081,287) | (37,761,098) | (46,670,773) | |
Payment made by the Managing Owner | 1,211,610 | |||
Pending owner additions | (36,462) | (5,492) | ||
Advance on unrealized Swap Appreciation | 9,441,555 | |||
Payment made by Related Party | 58,146 | |||
Owner redemptions payable | (1,060,999) | 525,602 | 453,104 | |
Net cash provided by (used in) financing activities | (108,650,507) | (16,552,746) | (25,405,349) | |
Net increase (decrease) in cash and cash equivalents | (2,051,666) | (9,228,570) | (5,002,231) | |
Cash and cash equivalents, beginning of period | 4,747,043 | 13,975,613 | 18,977,844 | |
Cash and cash equivalents, end of period | 2,695,377 | 4,747,043 | 13,975,613 | |
US Treasury Securities [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | (686,550) | (7,709,486) | (1,146,411) | |
Net unrealized gain/(loss) on investments | 184,479 | 5,181,917 | 2,972,057 | |
(Purchases) sales of: | ||||
Sales of Investments | 45,040,554 | 102,379,233 | 39,359,391 | |
Purchase of Investments | (13,304,662) | (25,877,151) | (21,196,875) | |
Interest and premium paid/amortized | 635,996 | 746,321 | 2,486,916 | |
Swap [Member] | ||||
Change in: | ||||
Net unrealized gain/(loss) on investments | 402,290 | (53,113) | (3,145,177) | |
(Purchases) sales of: | ||||
Purchase of Investments | (1,000,000) | |||
Reduction of collateral | 18,578,050 | |||
Futures And Forwards [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | (3,803,691) | (4,588,561) | (34,717,764) | |
Private Investment Companies [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | (7,844,635) | (776,630) | ||
Net unrealized gain/(loss) on investments | (90,112) | (4,405,026) | ||
(Purchases) sales of: | ||||
Sales of Investments | 102,575,451 | 5,467,195 | ||
Purchase of Investments | (53,856,821) | (107,326,025) | ||
Equinox Frontier Diversified Fund [Member] | ||||
Cash Flows from Operating Activities: | ||||
Net increase/(decrease) in capital resulting from operations | 1,612,003 | 1,163,290 | 7,062,279 | |
Change in: | ||||
Net change in open trade equity/(deficit), at fair value | 3,215,206 | |||
Net change in options purchased, at fair value | 288,413 | |||
Net change in options written, at fair value | (253,018) | |||
Net change in ownership allocation of U.S. Treasury securities | 127,984 | 1,325,836 | (886,791) | |
Increase and/or decrease in: | ||||
Receivable from futures commission merchants | 22,731,129 | |||
Change in control of ownership - trading companies | (16,894,354) | |||
Change in control of ownership - private investment companies | ||||
Investments in unconsolidated trading companies, at fair value | 1,976,418 | 11,850,295 | (9,499,828) | |
Interest receivable | 106,665 | 357,350 | (1,892) | |
Receivable from related parties | 231,671 | (189,387) | ||
Other assets | 249,997 | |||
Incentive fees payable to Managing Owner | 12,847 | (204,914) | (4,546) | |
Management fees payable to Managing Owner | (19,447) | (58,444) | (4,507) | |
Interest payable to Managing Owner | (11,661) | (11,919) | ||
Trading fees payable to Managing Owner | (85,995) | 26,118 | (17,885) | |
Service fees payable to Managing Owner | (11,579) | (1,827) | (245) | |
Payables to related parties | (2,126) | (2,182,910) | ||
Interest payable | ||||
Other liabilities | 7,198 | 19,673 | ||
Net cash provided by (used in) operating activities | 36,193,852 | (4,753,809) | 6,000,596 | |
Cash Flows from Financing Activities: | ||||
Proceeds from sale of units | 785,006 | 10,236,543 | 12,533,210 | |
Payment for redemption of units | (37,401,713) | (10,643,408) | (19,555,894) | |
Payment made by the Managing Owner | 144,349 | |||
Pending owner additions | (1,524) | (3) | ||
Advance on unrealized Swap Appreciation | 2,500,000 | |||
Owner redemptions payable | (61,482) | 52,452 | (48,923) | |
Net cash provided by (used in) financing activities | (36,678,189) | 2,144,063 | (6,927,261) | |
Net increase (decrease) in cash and cash equivalents | (484,337) | (2,609,746) | (926,665) | |
Cash and cash equivalents, beginning of period | 674,227 | 3,283,973 | 4,210,638 | |
Cash and cash equivalents, end of period | 189,890 | 674,227 | 3,283,973 | |
Equinox Frontier Diversified Fund [Member] | US Treasury Securities [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | (65,391) | (1,794,297) | (270,582) | |
Net unrealized gain/(loss) on investments | (152,150) | 990,689 | 516,327 | |
(Purchases) sales of: | ||||
Sales of Investments | 6,494,979 | 27,076,226 | 8,875,032 | |
Purchase of Investments | (680,345) | (6,518,818) | (4,787,243) | |
Interest and premium paid/amortized | 33,155 | |||
Equinox Frontier Diversified Fund [Member] | Swap [Member] | ||||
Change in: | ||||
Net unrealized gain/(loss) on investments | 47,375 | 48,002 | (2,115,441) | |
(Purchases) sales of: | ||||
Purchase of Investments | ||||
Reduction of collateral | 2,214,000 | |||
Equinox Frontier Diversified Fund [Member] | Futures And Forwards [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | (8,599,684) | |||
Equinox Frontier Diversified Fund [Member] | Private Investment Companies [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | (1,870,541) | (277,315) | ||
Net unrealized gain/(loss) on investments | (812,254) | (80,689) | ||
(Purchases) sales of: | ||||
Sales of Investments | 40,457,348 | 1,823,011 | ||
Purchase of Investments | (13,430,089) | (40,310,981) | ||
Equinox Frontier Diversified Fund [Member] | Class 1 [Member] | ||||
Increase and/or decrease in: | ||||
Prepaid service fees | 16,160 | (6,626) | ||
Equinox Frontier Masters Fund [Member] | ||||
Cash Flows from Operating Activities: | ||||
Net increase/(decrease) in capital resulting from operations | 210,940 | 492,136 | (462,243) | |
Change in: | ||||
Net change in open trade equity/(deficit), at fair value | ||||
Net change in options purchased, at fair value | ||||
Net change in options written, at fair value | ||||
Net change in ownership allocation of U.S. Treasury securities | (1,584,958) | 1,494,674 | 2,661,543 | |
Increase and/or decrease in: | ||||
Receivable from futures commission merchants | ||||
Change in control of ownership - trading companies | ||||
Change in control of ownership - private investment companies | ||||
Investments in unconsolidated trading companies, at fair value | 5,176,964 | 2,731,824 | (1,507,952) | |
Interest receivable | 47,718 | 126,957 | 41,777 | |
Receivable from related parties | 153,157 | (151,487) | ||
Other assets | (2,974) | 1,380 | ||
Incentive fees payable to Managing Owner | (42,251) | (679,792) | ||
Management fees payable to Managing Owner | (41,225) | (4,500) | (9,823) | |
Interest payable to Managing Owner | (4,957) | (1,941) | ||
Trading fees payable to Managing Owner | (8,759) | 9,389 | (7,411) | |
Service fees payable to Managing Owner | (5,467) | (3,061) | (5,162) | |
Payables to related parties | ||||
Interest payable | ||||
Other liabilities | (7,590) | 7,590 | ||
Net cash provided by (used in) operating activities | 5,420,133 | 5,154,650 | 1,631,448 | |
Cash Flows from Financing Activities: | ||||
Proceeds from sale of units | 67,610 | 282,688 | 6,086,949 | |
Payment for redemption of units | (5,490,717) | (6,433,816) | (8,504,261) | |
Payment made by the Managing Owner | ||||
Pending owner additions | (1,290) | (766) | ||
Advance on unrealized Swap Appreciation | ||||
Owner redemptions payable | (131,840) | 122,283 | 9,558 | |
Net cash provided by (used in) financing activities | (5,554,947) | (6,030,135) | (2,408,520) | |
Net increase (decrease) in cash and cash equivalents | (134,814) | (875,485) | (777,072) | |
Cash and cash equivalents, beginning of period | 546,509 | 1,421,994 | 2,199,066 | |
Cash and cash equivalents, end of period | 411,695 | 546,509 | 1,421,994 | |
Equinox Frontier Masters Fund [Member] | US Treasury Securities [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | (88,761) | (483,811) | (111,668) | |
Net unrealized gain/(loss) on investments | 70,651 | 227,159 | 198,693 | |
(Purchases) sales of: | ||||
Sales of Investments | 5,524,387 | 8,781,991 | 3,807,003 | |
Purchase of Investments | (1,611,333) | (2,380,650) | (2,291,604) | |
Interest and premium paid/amortized | 340,843 | |||
Equinox Frontier Masters Fund [Member] | Private Investment Companies [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | (482,146) | (73,108) | ||
Net unrealized gain/(loss) on investments | (794,590) | (78,993) | ||
(Purchases) sales of: | ||||
Sales of Investments | 6,958,710 | 483,333 | ||
Purchase of Investments | (8,435,434) | (5,984,940) | ||
Equinox Frontier Masters Fund [Member] | Class 1 [Member] | ||||
Increase and/or decrease in: | ||||
Prepaid service fees | 7,355 | (1,352) | ||
Equinox Frontier Long/Short Commodity Fund [Member] | ||||
Cash Flows from Operating Activities: | ||||
Net increase/(decrease) in capital resulting from operations | (423,610) | (1,294) | (1,458,094) | |
Change in: | ||||
Net change in open trade equity/(deficit), at fair value | (693,263) | |||
Net change in options purchased, at fair value | ||||
Net change in options written, at fair value | ||||
Net change in ownership allocation of U.S. Treasury securities | (1,561,530) | 717,209 | 2,673,304 | |
Increase and/or decrease in: | ||||
Receivable from futures commission merchants | ||||
Change in control of ownership - trading companies | (131,876) | |||
Change in control of ownership - private investment companies | ||||
Investments in unconsolidated trading companies, at fair value | (121,510) | 3,976,050 | 400,191 | |
Interest receivable | (12,125) | 83,190 | 42,710 | |
Receivable from related parties | 87,670 | (86,061) | ||
Other assets | (5,123) | 1,006 | ||
Incentive fees payable to Managing Owner | (57,082) | (28,408) | (130,252) | |
Management fees payable to Managing Owner | (48,210) | 2,849 | ||
Interest payable to Managing Owner | 103 | (1,368) | (2,345) | |
Trading fees payable to Managing Owner | (14,353) | 6,349 | (7,307) | |
Service fees payable to Managing Owner | (3,370) | (3,299) | (3,721) | |
Payables to related parties | (1,603,124) | 1,615,683 | ||
Interest payable | 5 | |||
Other liabilities | (6,870) | 41 | ||
Net cash provided by (used in) operating activities | 4,745,803 | 3,009,781 | 1,544,146 | |
Cash Flows from Financing Activities: | ||||
Proceeds from sale of units | 314,062 | 512,199 | ||
Payment for redemption of units | (4,587,865) | (4,008,216) | (3,485,335) | |
Payment made by the Managing Owner | 907,162 | |||
Pending owner additions | ||||
Advance on unrealized Swap Appreciation | 115,000 | |||
Owner redemptions payable | (5,738) | (796) | (18,782) | |
Net cash provided by (used in) financing activities | (4,593,603) | (3,579,950) | (2,084,756) | |
Net increase (decrease) in cash and cash equivalents | 152,200 | (570,169) | (540,610) | |
Cash and cash equivalents, beginning of period | 570,169 | 1,110,779 | ||
Cash and cash equivalents, end of period | 152,200 | 570,169 | ||
Equinox Frontier Long/Short Commodity Fund [Member] | US Treasury Securities [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | (21,587) | (103,299) | (46,795) | |
Net unrealized gain/(loss) on investments | 10,631 | (193,551) | 204,014 | |
(Purchases) sales of: | ||||
Sales of Investments | 1,253,375 | 5,321,261 | 1,963,944 | |
Purchase of Investments | (314,797) | (948,803) | (1,395,765) | |
Interest and premium paid/amortized | 19,105 | |||
Equinox Frontier Long/Short Commodity Fund [Member] | Swap [Member] | ||||
Change in: | ||||
Net unrealized gain/(loss) on investments | (26,621) | 111,960 | 300,633 | |
(Purchases) sales of: | ||||
Purchase of Investments | (1,000,000) | |||
Reduction of collateral | 3,850,050 | |||
Equinox Frontier Long/Short Commodity Fund [Member] | Futures And Forwards [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | 90,214 | |||
Equinox Frontier Long/Short Commodity Fund [Member] | Private Investment Companies [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | 106,289 | (13,263) | ||
Net unrealized gain/(loss) on investments | 246,722 | 216,197 | ||
(Purchases) sales of: | ||||
Sales of Investments | 6,461,867 | 509,667 | ||
Purchase of Investments | (3,118,307) | (7,427,743) | ||
Equinox Frontier Long/Short Commodity Fund [Member] | Class 1 [Member] | ||||
Increase and/or decrease in: | ||||
Prepaid service fees | 736 | (231) | ||
Equinox Frontier Balanced Fund [Member] | ||||
Cash Flows from Operating Activities: | ||||
Net increase/(decrease) in capital resulting from operations | 1,300,972 | 5,945,778 | (1,232,876) | |
Change in: | ||||
Net change in open trade equity/(deficit), at fair value | 278,690 | 340,656 | 3,286,019 | |
Net change in options purchased, at fair value | ||||
Net change in options written, at fair value | ||||
Net change in ownership allocation of U.S. Treasury securities | 5,251,272 | 14,565,822 | (8,151,611) | |
Increase and/or decrease in: | ||||
Receivable from futures commission merchants | (810,998) | 870,805 | 15,172,045 | |
Change in control of ownership - trading companies | (1,799,853) | (8,052,252) | ||
Change in control of ownership - private investment companies | (1,799,853) | |||
Investments in unconsolidated trading companies, at fair value | 2,185,757 | 11,091,850 | 719,959 | |
Due from Managing Owner | (184,106) | |||
Prepaid service fees | ||||
Interest receivable | 169,263 | 532,079 | (74,665) | |
Receivable from related parties | 346,875 | (346,874) | ||
Other assets | 12 | 250,001 | ||
Incentive fees payable to Managing Owner | 40,189 | (106,563) | (1,686,755) | |
Management fees payable to Managing Owner | (13,752) | (55,357) | (20,634) | |
Interest payable to Managing Owner | (19,078) | (56,036) | (7,334) | |
Trading fees payable to Managing Owner | (62,456) | 145,874 | (8,587) | |
Service fees payable to Managing Owner | (41,807) | (15,620) | (21,575) | |
Risk analysis fees payable | 7,731 | 1,155 | ||
Payables to related parties | (24,069) | 9,135 | ||
Other liabilities | 65,839 | 89,594 | ||
Net cash provided by (used in) operating activities | 35,153,115 | 2,904,777 | 7,899,099 | |
Cash Flows from Financing Activities: | ||||
Proceeds from sale of units | 162,799 | 233,544 | 235,881 | |
Payment for redemption of units | (35,530,963) | (12,201,822) | (9,459,239) | |
Payment made by the Managing Owner | 160,099 | |||
Pending owner additions | (15,538) | (2,464) | ||
Advance on unrealized Swap Appreciation | 4,926,555 | |||
Owner redemptions payable | (704,198) | 340,880 | 417,297 | |
Net cash provided by (used in) financing activities | (36,072,362) | (6,716,381) | (8,648,426) | |
Net increase (decrease) in cash and cash equivalents | (919,247) | (3,811,604) | (749,327) | |
Cash and cash equivalents, beginning of period | 1,083,579 | 4,895,183 | 5,644,510 | |
Cash and cash equivalents, end of period | 164,332 | 1,083,579 | 4,895,183 | |
Equinox Frontier Balanced Fund [Member] | US Treasury Securities [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | (76,560) | (2,885,429) | (411,406) | |
Net unrealized gain/(loss) on investments | (149,968) | 1,874,454 | 1,350,252 | |
(Purchases) sales of: | ||||
Sales of Investments | 5,221,235 | 27,164,277 | 14,050,672 | |
Purchase of Investments | (1,219,257) | (9,340,565) | (6,360,723) | |
Interest and premium paid/amortized | 79,587 | |||
Equinox Frontier Balanced Fund [Member] | Swap [Member] | ||||
Change in: | ||||
Net unrealized gain/(loss) on investments | 84,491 | 218,070 | (910,566) | |
(Purchases) sales of: | ||||
Reduction of collateral | 7,514,000 | |||
Equinox Frontier Balanced Fund [Member] | Futures And Forwards [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | 381,817 | (3,778,432) | 164,986 | |
Equinox Frontier Balanced Fund [Member] | Private Investment Companies [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | (4,398,507) | (412,944) | ||
Net unrealized gain/(loss) on investments | (270,252) | (2,077,438) | ||
(Purchases) sales of: | ||||
Sales of Investments | 36,818,166 | 2,651,184 | ||
Purchase of Investments | (17,346,028) | (45,466,085) | ||
Equinox Frontier Select Fund [Member] | ||||
Cash Flows from Operating Activities: | ||||
Net increase/(decrease) in capital resulting from operations | (1,178,812) | 1,607,183 | (696,024) | |
Change in: | ||||
Net change in open trade equity/(deficit), at fair value | 243,762 | (187,115) | (462,339) | |
Net change in options purchased, at fair value | ||||
Net change in options written, at fair value | ||||
Net change in ownership allocation of U.S. Treasury securities | 129,027 | (401,816) | 4,797,257 | |
Increase and/or decrease in: | ||||
Receivable from futures commission merchants | 8,208,218 | 5,072,933 | (13,281,151) | |
Change in control of ownership - trading companies | (3,638,738) | (3,698,113) | 6,781,935 | |
Change in control of ownership - private investment companies | ||||
Investments in unconsolidated trading companies, at fair value | 3,534,079 | 200,521 | 3,954,301 | |
Prepaid service fees | ||||
Interest receivable | 45,203 | (22,210) | ||
Receivable from related parties | 103,407 | (103,408) | ||
Other assets | 3 | (3) | ||
Incentive fees payable to Managing Owner | (185,791) | |||
Management fees payable to Managing Owner | (21,219) | 11,972 | (4,951) | |
Interest payable to Managing Owner | (2,160) | (31) | (9,714) | |
Trading fees payable to Managing Owner | (3,231) | 9,614 | (1,604) | |
Service fees payable to Managing Owner | (11,223) | (3,126) | (3,428) | |
Risk analysis fees payable | (2,303) | 2,303 | ||
Payables to related parties | (1,495) | 511 | ||
Other liabilities | (6,214) | 11,782 | 156 | |
Net cash provided by (used in) operating activities | 4,287,908 | 1,826,881 | 783,802 | |
Cash Flows from Financing Activities: | ||||
Proceeds from sale of units | 99,812 | 16,022 | 19,348 | |
Payment for redemption of units | (4,570,189) | (1,747,827) | (1,462,147) | |
Payment made by the Managing Owner | ||||
Pending owner additions | (1,335) | (150) | ||
Advance on unrealized Swap Appreciation | ||||
Owner redemptions payable | (134,579) | 117,909 | 1,238 | |
Net cash provided by (used in) financing activities | (4,604,956) | (1,615,231) | (1,441,711) | |
Net increase (decrease) in cash and cash equivalents | (317,048) | 211,650 | (657,909) | |
Cash and cash equivalents, beginning of period | 432,021 | 220,371 | 878,280 | |
Cash and cash equivalents, end of period | 114,973 | 432,021 | 220,371 | |
Equinox Frontier Select Fund [Member] | US Treasury Securities [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | (31,037) | (70,928) | (22,783) | |
Net unrealized gain/(loss) on investments | 6,069 | 199,159 | (35,623) | |
(Purchases) sales of: | ||||
Sales of Investments | 2,695,392 | (465,831) | 797,588 | |
Purchase of Investments | (404,508) | (320,766) | (911,929) | |
Interest and premium paid/amortized | 53,241 | |||
Equinox Frontier Select Fund [Member] | Futures And Forwards [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | 148,184 | (2,106,971) | (1,385,609) | |
Equinox Frontier Select Fund [Member] | Private Investment Companies [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | 41,515 | |||
Net unrealized gain/(loss) on investments | (456,301) | |||
(Purchases) sales of: | ||||
Sales of Investments | 2,255,017 | |||
Purchase of Investments | (7,419,460) | |||
Equinox Frontier Select Fund [Member] | Class 1 [Member] | ||||
Increase and/or decrease in: | ||||
Prepaid service fees | 67,394 | |||
Equinox Frontier Winton Fund [Member] | ||||
Cash Flows from Operating Activities: | ||||
Net increase/(decrease) in capital resulting from operations | 1,831,567 | (1,161,323) | (1,586,513) | |
Change in: | ||||
Net change in open trade equity/(deficit), at fair value | 922,290 | (466,267) | (599,579) | |
Net change in ownership allocation of U.S. Treasury securities | (1,862,745) | 1,773,178 | 1,003,454 | |
Increase and/or decrease in: | ||||
Receivable from futures commission merchants | 17,996,697 | (5,252,127) | (12,744,570) | |
Change in control of ownership - trading companies | (10,678,699) | 2,276,508 | 5,793,526 | |
Investments in unconsolidated trading companies, at fair value | 815,385 | (3,774,896) | 7,182,104 | |
Due from Managing Owner | (58,146) | |||
Interest receivable | 178,152 | 137,578 | 27,334 | |
Receivable from related parties | 551,508 | (551,508) | ||
Other assets | 2 | (2) | ||
Incentive fees payable to Managing Owner | (1,178,364) | |||
Management fees payable to Managing Owner | (203,785) | 163,653 | (21,652) | |
Interest payable to Managing Owner | (9,738) | (18,894) | (14,098) | |
Trading fees payable to Managing Owner | (11,569) | 32,737 | (4,285) | |
Service fees payable to Managing Owner | (12,656) | (5,052) | (8,331) | |
Risk analysis fees payable | (12,215) | 12,215 | ||
Payables to related parties | (31,638) | 15,177 | ||
Due to Managing Owner | 152,219 | |||
Other liabilities | 79,384 | 2,878 | ||
Net cash provided by (used in) operating activities | 16,976,157 | 291,145 | 1,836,904 | |
Cash Flows from Financing Activities: | ||||
Proceeds from sale of units | 283,970 | 159,082 | 175,616 | |
Payment for redemption of units | (17,520,194) | (1,708,602) | (3,124,668) | |
Pending owner additions | (13,524) | (1,979) | ||
Advance on unrealized Swap Appreciation | ||||
Payment made by Related Party | 58,146 | |||
Owner redemptions payable | (23,162) | (28,509) | 29,769 | |
Net cash provided by (used in) financing activities | (17,201,240) | (1,591,553) | (2,921,262) | |
Net increase (decrease) in cash and cash equivalents | (225,083) | (1,300,408) | (1,084,358) | |
Cash and cash equivalents, beginning of period | 1,628,208 | 2,928,616 | 4,012,974 | |
Cash and cash equivalents, end of period | 1,403,125 | 1,628,208 | 2,928,616 | |
Equinox Frontier Winton Fund [Member] | US Treasury Securities [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | (351,189) | (1,975,992) | (230,502) | |
Net unrealized gain/(loss) on investments | 410,408 | 1,697,773 | 600,814 | |
(Purchases) sales of: | ||||
Sales of Investments | 20,038,442 | 12,826,803 | 8,047,027 | |
Purchase of Investments | (8,456,714) | (5,237,808) | (4,444,636) | |
Interest and premium paid/amortized | 87,836 | |||
Equinox Frontier Winton Fund [Member] | Futures And Forwards [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | (4,430,276) | (592,863) | (3,365,969) | |
Equinox Frontier Heritage Fund [Member] | ||||
Cash Flows from Operating Activities: | ||||
Net increase/(decrease) in capital resulting from operations | (253,454) | (84,545) | (242,385) | |
Change in: | ||||
Net change in open trade equity/(deficit), at fair value | ||||
Net change in ownership allocation of U.S. Treasury securities | (351,590) | 6,880 | 389,760 | |
Increase and/or decrease in: | ||||
Receivable from futures commission merchants | ||||
Change in control of ownership - trading companies | (2,424,186) | (1,003,733) | 186,259 | |
Investments in unconsolidated trading companies, at fair value | 1,197,666 | (1,362,538) | 137,800 | |
Interest receivable | 48,448 | 26,517 | 8,845 | |
Receivable from related parties | 131,430 | (107,442) | ||
Other assets | 2 | (2) | ||
Incentive fees payable to Managing Owner | (239,327) | |||
Management fees payable to Managing Owner | (43,030) | 35,011 | (6,454) | |
Interest payable to Managing Owner | (4,811) | (3,646) | (3,477) | |
Trading fees payable to Managing Owner | (2,250) | 10,496 | (1,219) | |
Service fees payable to Managing Owner | (4,974) | (2,350) | (2,157) | |
Risk analysis fees payable | ||||
Payables to related parties | (4,416) | 1,238 | ||
Other liabilities | (2,048) | 18,083 | ||
Net cash provided by (used in) operating activities | 3,821,874 | (1,103,522) | 707,133 | |
Cash Flows from Financing Activities: | ||||
Proceeds from sale of units | 34,436 | 35,716 | 43,000 | |
Payment for redemption of units | (3,979,648) | (1,017,408) | (1,079,229) | |
Pending owner additions | (3,251) | (130) | ||
Advance on unrealized Swap Appreciation | 1,900,000 | |||
Owner redemptions payable | (84,355) | 62,947 | ||
Net cash provided by (used in) financing activities | (3,945,212) | 830,702 | (973,412) | |
Net increase (decrease) in cash and cash equivalents | (123,338) | (272,820) | (266,279) | |
Cash and cash equivalents, beginning of period | 382,499 | 655,319 | 921,598 | |
Cash and cash equivalents, end of period | 259,161 | 382,499 | 655,319 | |
Equinox Frontier Heritage Fund [Member] | US Treasury Securities [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | (52,025) | (395,730) | (52,675) | |
Net unrealized gain/(loss) on investments | (11,162) | 386,234 | 137,580 | |
(Purchases) sales of: | ||||
Sales of Investments | 3,843,909 | 2,939,044 | 1,818,125 | |
Purchase of Investments | (846,887) | (1,129,741) | (1,004,975) | |
Interest and premium paid/amortized | 72,784 | |||
Equinox Frontier Heritage Fund [Member] | Swap [Member] | ||||
Change in: | ||||
Net unrealized gain/(loss) on investments | 297,047 | (431,146) | (419,803) | |
(Purchases) sales of: | ||||
Reduction of collateral | 5,000,000 | |||
Equinox Frontier Heritage Fund [Member] | Private Investment Companies [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | (2,795) | |||
Net unrealized gain/(loss) on investments | 297,047 | |||
(Purchases) sales of: | ||||
Sales of Investments | 56,647 | |||
Purchase of Investments | (2,620,781) | |||
Frontier Trading Company I, LLC [Member] | ||||
Cash Flows from Operating Activities: | ||||
Net increase/(decrease) in capital resulting from operations | (496,247) | 3,853,996 | 9,626,503 | |
Change in: | ||||
Decrease (increase) in receivable from futures commission merchants | (810,998) | 15,540,015 | 544,018 | |
Net change in open trade equity/(deficit), at fair value | 59,109 | 517,791 | 2,376,408 | |
Increase and/or decrease in: | ||||
Risk analysis fees payable | 7,731 | 1,155 | ||
Interest payable | (1,816) | (211) | ||
Net cash provided by (used in) operating activities | (1,240,405) | 20,117,139 | 12,459,461 | |
Cash Flows from Financing Activities: | ||||
Capital Contributed | 5,974,621 | 175,068,296 | 152,936,600 | |
Capital Distributed | (4,734,216) | (195,185,435) | (165,396,061) | |
Net cash provided by (used in) financing activities | 1,240,405 | (20,117,139) | (12,459,461) | |
Net increase (decrease) in cash and cash equivalents | ||||
Cash and cash equivalents, beginning of period | ||||
Cash and cash equivalents, end of period | ||||
Frontier Trading Company I, LLC [Member] | Swap [Member] | ||||
Change in: | ||||
Net unrealized gain/(loss) on investments | (261,320) | (87,257) | ||
Frontier Trading Company I, LLC [Member] | Futures And Forwards [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | 381,912 | (4,710,217) | (11,657,257) | |
Frontier Trading Company II LLC [Member] | ||||
Cash Flows from Operating Activities: | ||||
Net increase/(decrease) in capital resulting from operations | 4,611,221 | 991,398 | 3,942,397 | |
Change in: | ||||
Decrease (increase) in receivable from futures commission merchants | 4,870,191 | (5,252,127) | (1,893,306) | |
Net change in open trade equity/(deficit), at fair value | (167,338) | (622,945) | 2,873,705 | |
Increase and/or decrease in: | ||||
Interest receivable | 217 | 204 | ||
Risk analysis fees payable | 4,475 | 12,215 | ||
Net cash provided by (used in) operating activities | 9,318,549 | (4,871,242) | 4,923,000 | |
Cash Flows from Financing Activities: | ||||
Capital Contributed | 9,248,169 | 173,832,267 | 32,277,000 | |
Capital Distributed | (18,566,718) | (168,961,025) | (37,200,000) | |
Net cash provided by (used in) financing activities | (9,318,549) | 4,871,242 | (4,923,000) | |
Net increase (decrease) in cash and cash equivalents | ||||
Cash and cash equivalents, beginning of period | ||||
Cash and cash equivalents, end of period | ||||
Frontier Trading Company II LLC [Member] | Futures And Forwards [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | (4,333,686) | (618,478) | (6,920,334) | |
Frontier Trading Company VII, LLC [Member] | ||||
Cash Flows from Operating Activities: | ||||
Net increase/(decrease) in capital resulting from operations | 4,700,375 | 4,220,713 | ||
Change in: | ||||
Decrease (increase) in receivable from futures commission merchants | 14,330,819 | (7,636,501) | ||
Net change in open trade equity/(deficit), at fair value | (6,482,499) | 9,951,838 | ||
Increase and/or decrease in: | ||||
Interest receivable | ||||
Risk analysis fees payable | ||||
Interest payable | (238) | 68 | ||
Net cash provided by (used in) operating activities | 12,702,837 | 6,458,393 | ||
Cash Flows from Financing Activities: | ||||
Capital Contributed | 20,283,579 | 54,479,000 | ||
Capital Distributed | (32,986,416) | (60,937,393) | ||
Net cash provided by (used in) financing activities | (12,702,837) | (6,458,393) | ||
Net increase (decrease) in cash and cash equivalents | ||||
Cash and cash equivalents, beginning of period | ||||
Cash and cash equivalents, end of period | ||||
Frontier Trading Company VII, LLC [Member] | Swap [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | 154,380 | (77,725) | ||
Net unrealized gain/(loss) on investments | [1] | 45,277 | ||
Frontier Trading Company VII, LLC [Member] | Futures And Forwards [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | [1] | 1,479,588 | (17,335,609) | |
Frontier Trading Company XIV, LLC [Member] | ||||
Cash Flows from Operating Activities: | ||||
Net increase/(decrease) in capital resulting from operations | 1,046,799 | (985,611) | ||
Change in: | ||||
Decrease (increase) in receivable from futures commission merchants | 3,409,216 | 273,327 | ||
Net change in open trade equity/(deficit), at fair value | 34,484 | 990,384 | ||
Increase and/or decrease in: | ||||
Interest receivable | 211 | (211) | ||
Risk analysis fees payable | ||||
Interest payable | (389) | |||
Net cash provided by (used in) operating activities | 4,490,710 | 277,500 | ||
Cash Flows from Financing Activities: | ||||
Capital Contributed | 3,205,916 | 7,272,500 | ||
Capital Distributed | (7,696,626) | (7,550,000) | ||
Net cash provided by (used in) financing activities | (4,490,710) | (277,500) | ||
Net increase (decrease) in cash and cash equivalents | ||||
Cash and cash equivalents, beginning of period | ||||
Cash and cash equivalents, end of period | ||||
Frontier Trading Company XIV, LLC [Member] | Futures And Forwards [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | [2] | (1,119,495) | (128,198) | |
Frontier Trading Company XV, LLC [Member] | ||||
Cash Flows from Operating Activities: | ||||
Net increase/(decrease) in capital resulting from operations | (841,669) | 2,149,396 | 57,767 | |
Change in: | ||||
Decrease (increase) in receivable from futures commission merchants | 8,207,387 | 5,073,766 | 460,832 | |
Net change in open trade equity/(deficit), at fair value | 642,494 | (180,154) | 1,196,577 | |
Increase and/or decrease in: | ||||
Interest receivable | (305) | 68 | ||
Risk analysis fees payable | (2,303) | 2,303 | ||
Interest payable | 148 | 156 | ||
Net cash provided by (used in) operating activities | 8,005,604 | 7,045,459 | 1,715,400 | |
Cash Flows from Financing Activities: | ||||
Capital Contributed | 7,771,910 | 975,100 | ||
Capital Distributed | (8,005,604) | (14,817,369) | (2,690,500) | |
Net cash provided by (used in) financing activities | (8,005,604) | (7,045,459) | (1,715,400) | |
Net increase (decrease) in cash and cash equivalents | ||||
Cash and cash equivalents, beginning of period | ||||
Cash and cash equivalents, end of period | ||||
Frontier Trading Company XV, LLC [Member] | Futures And Forwards [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | [3] | 147,494 | (2,092,044) | (1,385,257) |
Frontier Trading Company XXIII, LLC [Member] | ||||
Cash Flows from Operating Activities: | ||||
Net increase/(decrease) in capital resulting from operations | 1,951,672 | 836,116 | ||
Change in: | ||||
Decrease (increase) in receivable from futures commission merchants | 3,093,791 | (462,427) | ||
Net change in open trade equity/(deficit), at fair value | (27,706) | 921,311 | ||
Increase and/or decrease in: | ||||
Net cash provided by (used in) operating activities | 5,017,757 | 1,295,000 | ||
Cash Flows from Financing Activities: | ||||
Capital Contributed | 8,295,740 | 17,805,000 | ||
Capital Distributed | (13,313,497) | (19,100,000) | ||
Net cash provided by (used in) financing activities | (5,017,757) | (1,295,000) | ||
Net increase (decrease) in cash and cash equivalents | ||||
Cash and cash equivalents, beginning of period | ||||
Cash and cash equivalents, end of period | ||||
Frontier Trading Company XXIII, LLC [Member] | Futures And Forwards [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | [4] | (2,026,555) | (1,982,679) | |
Frontier Trading Company XXIX, LLC [Member] | ||||
Cash Flows from Operating Activities: | ||||
Net increase/(decrease) in capital resulting from operations | 134,424 | (1,588,899) | ||
Change in: | ||||
Decrease (increase) in receivable from futures commission merchants | 1,014,896 | 931,466 | ||
Net change in open trade equity/(deficit), at fair value | 4,750 | (284,591) | ||
Increase and/or decrease in: | ||||
Interest payable | 24 | |||
Net cash provided by (used in) operating activities | 1,154,070 | (942,000) | ||
Cash Flows from Financing Activities: | ||||
Capital Contributed | 2,207,000 | 4,042,000 | ||
Capital Distributed | (3,361,070) | (3,100,000) | ||
Net cash provided by (used in) financing activities | (1,154,070) | 942,000 | ||
Net increase (decrease) in cash and cash equivalents | ||||
Cash and cash equivalents, beginning of period | ||||
Cash and cash equivalents, end of period | ||||
Frontier Trading Company XXIX, LLC [Member] | Futures And Forwards [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | [5] | (143,083) | 1,811,908 | |
Frontier Trading Company XXXIV LLC [Member] | ||||
Cash Flows from Operating Activities: | ||||
Net increase/(decrease) in capital resulting from operations | (84,491) | (218,073) | 374,013 | |
Change in: | ||||
Decrease (increase) in receivable from futures commission merchants | 687,693 | |||
Net change in open trade equity/(deficit), at fair value | ||||
Increase and/or decrease in: | ||||
Interest payable | (602) | |||
Net cash provided by (used in) operating activities | 7,514,000 | 150,537 | ||
Cash Flows from Financing Activities: | ||||
(Decresse) increase in advance on unrealized swap appreciation | 4,926,555 | |||
Capital Contributed | 11,282,015 | |||
Capital Distributed | (7,514,000) | (4,926,555) | (11,432,552) | |
Net cash provided by (used in) financing activities | (7,514,000) | (150,537) | ||
Net increase (decrease) in cash and cash equivalents | ||||
Cash and cash equivalents, beginning of period | ||||
Cash and cash equivalents, end of period | ||||
Frontier Trading Company XXXIV LLC [Member] | Swap [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | ||||
Net unrealized gain/(loss) on investments | 84,491 | 218,073 | (910,567) | |
(Purchases) sales of: | ||||
Reduction of collateral | 7,514,000 | |||
Frontier Trading Company XXXIV LLC [Member] | Futures And Forwards [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | 463,603 | |||
Frontier Trading Company XXXV LLC [Member] | ||||
Cash Flows from Operating Activities: | ||||
Net increase/(decrease) in capital resulting from operations | (47,375) | (48,003) | 2,115,441 | |
Change in: | ||||
Decrease (increase) in receivable from futures commission merchants | ||||
Net change in open trade equity/(deficit), at fair value | ||||
Increase and/or decrease in: | ||||
Net cash provided by (used in) operating activities | 2,214,000 | |||
Cash Flows from Financing Activities: | ||||
(Decresse) increase in advance on unrealized swap appreciation | 2,500,000 | |||
Capital Contributed | ||||
Capital Distributed | (2,214,000) | (2,500,000) | ||
Net cash provided by (used in) financing activities | (2,214,000) | |||
Net increase (decrease) in cash and cash equivalents | ||||
Cash and cash equivalents, beginning of period | ||||
Cash and cash equivalents, end of period | ||||
Frontier Trading Company XXXV LLC [Member] | Swap [Member] | ||||
Change in: | ||||
Net unrealized gain/(loss) on investments | 47,375 | 48,003 | (2,115,441) | |
(Purchases) sales of: | ||||
Reduction of collateral | 2,214,000 | 2,500,000 | ||
Frontier Trading Company XXXVII LLC [Member] | ||||
Cash Flows from Operating Activities: | ||||
Net increase/(decrease) in capital resulting from operations | 26,621 | (111,959) | (300,633) | |
Change in: | ||||
Decrease (increase) in receivable from futures commission merchants | ||||
Net change in open trade equity/(deficit), at fair value | ||||
Increase and/or decrease in: | ||||
Net cash provided by (used in) operating activities | 3,850,050 | (1,000,000) | ||
Cash Flows from Financing Activities: | ||||
(Decresse) increase in advance on unrealized swap appreciation | 115,000 | |||
Capital Contributed | 1,000,000 | |||
Capital Distributed | (3,850,050) | (115,000) | ||
Net cash provided by (used in) financing activities | (3,850,050) | 1,000,000 | ||
Net increase (decrease) in cash and cash equivalents | ||||
Cash and cash equivalents, beginning of period | ||||
Cash and cash equivalents, end of period | ||||
Frontier Trading Company XXXVII LLC [Member] | Swap [Member] | ||||
Change in: | ||||
Net unrealized gain/(loss) on investments | (26,621) | 111,959 | 300,633 | |
(Purchases) sales of: | ||||
Reduction of collateral | 3,850,050 | |||
Frontier Trading Company XXXVIII ,LLC [Member] | ||||
Cash Flows from Operating Activities: | ||||
Net increase/(decrease) in capital resulting from operations | (964,178) | (2,413,347) | (3,624,988) | |
Change in: | ||||
Decrease (increase) in receivable from futures commission merchants | 2,670,015 | 274,677 | ||
Net change in open trade equity/(deficit), at fair value | 304,878 | 1,064,165 | ||
Increase and/or decrease in: | ||||
Interest receivable | (198) | 146 | ||
Other assets | (2,384,103) | |||
Net cash provided by (used in) operating activities | 8,068,056 | (10,622,755) | (2,286,000) | |
Cash Flows from Financing Activities: | ||||
Capital Contributed | 3,695,073 | 17,027,822 | 14,336,000 | |
Capital Distributed | (11,763,129) | (6,405,067) | (12,050,000) | |
Net cash provided by (used in) financing activities | (8,068,056) | 10,622,755 | 2,286,000 | |
Net increase (decrease) in cash and cash equivalents | ||||
Cash and cash equivalents, beginning of period | ||||
Cash and cash equivalents, end of period | ||||
Frontier Trading Company XXXVIII ,LLC [Member] | Futures And Forwards [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | 4,641,720 | 2,416,059 | ||
Frontier Trading Company XXXVIII ,LLC [Member] | Private Investment Companies [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | (1,238,449) | |||
Net unrealized gain/(loss) on investments | 2,202,627 | (2,384,103) | ||
(Purchases) sales of: | ||||
Sales of Investments | 9,568,056 | |||
Purchase of Investments | (1,500,000) | (8,800,000) | ||
Frontier Trading Company XXXIX LLC [Member] | ||||
Cash Flows from Operating Activities: | ||||
Net increase/(decrease) in capital resulting from operations | (297,047) | 431,145 | 419,803 | |
Change in: | ||||
Decrease (increase) in receivable from futures commission merchants | ||||
Net change in open trade equity/(deficit), at fair value | ||||
Increase and/or decrease in: | ||||
Net cash provided by (used in) operating activities | 5,000,000 | |||
Cash Flows from Financing Activities: | ||||
(Decresse) increase in advance on unrealized swap appreciation | 1,900,000 | |||
Capital Distributed | (5,000,000) | (1,900,000) | ||
Net cash provided by (used in) financing activities | (5,000,000) | |||
Net increase (decrease) in cash and cash equivalents | ||||
Cash and cash equivalents, beginning of period | ||||
Cash and cash equivalents, end of period | ||||
Frontier Trading Company XXXIX LLC [Member] | Swap [Member] | ||||
Change in: | ||||
Net realized gain/(loss) on investments | $ (438,145) | $ (419,803) | ||
Net unrealized gain/(loss) on investments | 297,047 | |||
(Purchases) sales of: | ||||
Reduction of collateral | $ 5,000,000 | |||
[1] | Trading Company VII ceased trading operations April 28, 2016 | |||
[2] | Trading Company XIV ceased trading operations April 21, 2016 | |||
[3] | Trading Company XV ceased trading operations May 9, 2017 | |||
[4] | Trading Company XXIII ceased trading operations July 22, 2016 | |||
[5] | Trading Company XXIX ceased trading operations January 29, 2016 |
Organization and Purpose
Organization and Purpose | 12 Months Ended |
Dec. 31, 2017 | |
Series Of Frontier Fund [Member] | |
Organization and Purpose | 1. Organization and Purpose Frontier Funds, which is referred to in this report as the “Trust”, was formed on August 8, 2003, as a Delaware statutory trust. Please refer to the consolidated financial statements of the Trust included within this periodic report. The Trust is a multi-advisor commodity pool, as described in Commodity Futures Trading Commission (the “CFTC”) Regulation § 4.10(d)(2). The Trust has authority to issue separate series, or each, a Series, of units of beneficial interest (the “Units”) pursuant to the requirements of the Delaware Statutory Trust Act, as amended (the “Trust Act”). The assets of each Series are valued and accounted for separately from the assets of other Series. The Trust is not registered as an investment company under the Investment Company Act of 1940, as amended (the “Investment Company Act”). It is managed by Frontier Fund Management LLC (the “Managing Owner”). Purchasers of Units are limited owners of the Trust (“Limited Owners”) with respect to beneficial interests of the Series’ Units purchased. The Trust Act provides that, except as otherwise provided in the second amended and restated declaration of trust and trust agreement dated December 9, 2013, as further amended, by and among the Managing Owner, Wilmington Trust Company as trustee and the unitholders, as may be amended from time to time (“Trust Agreement”), unitholders of the Trust will have the same limitation of liability as do stockholders of private corporations organized under the General Corporation Law of the State of Delaware. The Trust Agreement confers substantially the same limited liability, and contains the same limited exceptions thereto, as would a limited partnership agreement for a Delaware limited partnership engaged in like transactions as the Trust. In addition, pursuant to the Trust Agreement, the Managing Owner of the Trust is liable for obligations of a Series in excess of that Series’ assets. Limited Owners do not have any such liability. The Managing Owner will make contributions to the Series of the Trust necessary to maintain at least a 1% interest in the aggregate capital, profits and losses of the combined Series of the Trust. The Trust has been organized to pool investor funds for the purpose of trading in the United States (“U.S.”) and international markets for currencies, interest rates, stock indices, agricultural and energy products, precious and base metals and other commodities. The Trust may also engage in futures contracts, forwards, option contracts and other interest in derivative instruments, including swap contracts. The Trust has seven (7) separate and distinct Series of Units issued and outstanding: Frontier Diversified Fund, Frontier Masters Fund, Frontier Long/Short Commodity Fund, Frontier Balanced Fund, Frontier Select Fund, Frontier Winton Fund, and Frontier Heritage Fund, (each a “Series” and collectively, the “Series”). The Trust, with respect to the Series, may issue additional Series of Units. The Trust, with respect to each Series: ● engages in the speculative trading of a diversified portfolio of futures, forwards (including interbank foreign currencies), options contracts and other derivative instruments (including swap contracts), and may, from time to time, engage in cash and spot transactions; ● allocates funds to a limited liability trading company or companies (“Trading Company” or “Trading Companies”) and Galaxy Plus entities (“Galaxy Plus”). Except as otherwise described in these notes, each Trading Company and Galaxy Plus entity has one-year renewable contracts with its own independent commodity trading advisor (s), or each, a Trading Advisor, that will manage all or a portion of such Trading Company’s and Galaxy Plus assets and make the trading decisions for the assets of each Series vested in such Trading Company and Galaxy Plus entity. Each Trading Company and Galaxy Plus entity will segregate its assets from any other Trading Company and Galaxy Plus entity; ● maintains separate, distinct records for each Series, and accounts for the assets of each Series separately from the other Series; ● calculates the Net Asset Value (“NAV”) of its Units for each Series separately from the other Series; ● has an investment objective of increasing the value of each Series’ Units over the long term (capital appreciation), while managing risk and volatility; further, to offer exposure to the investment programs of individual Trading Advisors and to specific instruments; ● maintains each Series of Units in three to seven sub-classes—Class 1, Class 1AP, Class 1a, Class 2, Class 2a, Class 3, and Class 3a. Investors who have purchased Class 1 or Class 1a Units of Frontier Diversified Fund, Frontier Masters Fund, and Frontier Long/Short Commodity Fund are charged a service fee of up to two percent (2.0%) annually of the NAV (of the purchase price, in case of the initial service fee) of each Unit purchased, for the benefit of selling agents selling such Class 1 or Class 1a Units. The initial service fee, which is amortized monthly at an annual rate of up to two percent (2.0%) of the average daily NAV of Class 1 or Class 1a of such Series, is prepaid to the Managing Owner by each Series, and paid to the selling agents by the Managing Owner in the month following sale; provided, however, that investors who redeem all or a portion of their Class 1 or Class 1a Units of any Series during the first twelve (12) months following the effective date of their purchase are subject to a redemption fee of up to two percent (2.0%) of the purchase price at which such investor redeemed to reimburse the Managing Owner for the then-unamortized balance of the prepaid initial service fee. Investors who have purchased Class 1 or Class 1a Units of Frontier Balanced Fund, Frontier Heritage Fund, Frontier Select Fund, and Frontier Winton Fund are charged a service fee of up to three percent (3.0%) annually of the NAV (of the purchase price, in case of the initial service fee) of each Unit purchased, for the benefit of selling agents selling such Class 1 or Class 1a Units. The initial service fee, which is amortized monthly at an annual rate of up to three percent (3.0%) of the average daily NAV of Class 1 or Class 1a of such Series, is prepaid to the Managing Owner by each Series, and paid to the selling agents by the Managing Owner in the month following sale. With respect to Class 2 and Class 2a Units of any Series, the Managing Owner pays an ongoing service fee to selling agents of up to one half percent (0.5%) annually of the NAV of each Class 2 or Class 2a Unit (of which 0.25% will be charged to Limited Owners holding Class 2 Units of the Frontier Diversified Fund, and Frontier Masters Fund or Class 2a Units of the Frontier Long/Short Commodity Fund sold until such Class 2 or Class 2a Units which are subject to the fee limitation are reclassified as Class 3 or Class 3a Units of the applicable Series. Class 1AP was created as a sub-class of Class 1 and it has been presented separately because the fees applicable to it are different from those applicable to Class 1. Currently the service fee is not charged to Class 1AP investors. The Managing Owner may also pay selling agents certain additional fees and expenses for administrative and other services rendered and expenses incurred by such Selling agents; and ● all payments made to selling agents who are members of the Financial Industry Regulatory Authority, Inc. (“FINRA”) and their associated persons that constitute underwriting compensation will be subject to the limitations set forth in Rule 2310(b)(4)(B)(ii) (formerly Rule 2810(b)(4)(B)(ii)) of the Conduct Rules of FINRA (“Rule 2310”). An investor’s Class 1 Units or Class 2 Units of any Series, or Class 1a Units or Class 2a Units of the Frontier Long/Short Commodity Fund or Frontier Balanced Fund will be classified as Class 3 or Class 3a Units of such Series, as applicable, when the Managing Owner determines that the fee limitation set forth in Rule 2310 with respect to such Units has been reached or will be reached. The service fee limit applicable to each unit sold is reached upon the earlier of when (i) the aggregate initial and ongoing service fees received by the selling agent with respect to such unit equals 9% of the purchase price of such unit or (ii) the aggregate underwriting compensation (determined in accordance with FINRA Rule 2310) paid in respect of such unit totals 10% of the purchase price of such unit. No service fees are paid with respect to Class 3 or Class 3a Units. Units of any Class in a Series may be redeemed, in whole or in part, on a daily basis, at the then current NAV per Unit for such Series on the day of the week after the date the Managing Owner is in receipt of a redemption request for at least one (1) Business Day to be received by the Managing Owner prior to 4:00 PM in New York. The assets of any particular Series include only those funds and other assets that are paid to, held by or distributed to the Trust, with respect to the Series, on account of and for the benefit of that Series. Under the “Inter-Series Limitation on Liability” expressly provided for under Section 3804(a) of the Trust Act, separate and distinct records of the cash and equivalents, although pooled for maximizing returns, are maintained in the books and records of each Series. As of December 31, 2017, the Trust, with respect to the Frontier Diversified Fund and Frontier Masters Fund, separates Units into three separate Classes—Class 1, Class 2, and Class 3. The Trust, with respect to the Frontier Select Fund Frontier Winton Fund and Frontier Heritage Fund separates Units into a maximum of three separate Classes- Class 1, Class 2 and Class 1AP. The Trust, with respect to the Frontier Balanced Fund separates Units into a maximum of five separate Classes— Class 1, Class 1AP, Class 2, Class 2A and Class 3A. The Trust, with respect to the Frontier Long/Short Commodity Fund separates Units into a maximum of five separate Classes—Class 1A, Class 2A, Class 2, Class 3A and Class 3. Between April 15, 2016 and May 10, 2017, a portion of the interests in Frontier Trading Company I, LLC and all of the interests in Frontier Trading Company VII, LLC, Frontier Trading Company XV, LLC, and Frontier Trading Company XXIII LLC held by Frontier Diversified Fund, Frontier Masters Fund, Frontier Select Fund, Frontier Balanced Fund and Frontier Long/Short Commodity Fund were exchanged for equivalent interests in the Galaxy Plus Managed Account Platform (“Galaxy Plus”) which is an unaffiliated, third-party managed account platform. The assets of Frontier Trading Company I, LLC, which included exposure to Quantmetrics Capital Management LLP’s Multi-Strategy Program, Quantitative Investment Management, LLC’s Quantitative Global Program, Quest Partners LLC’s Quest Tracker Index Program, Chesapeake Capital Management, LLC’s Diversified Program, and Doherty Advisors LLC’s Relative Value Moderate Program, the assets of Frontier Trading Company VII, LLC, which included exposure to Emil van Essen LLC’s Multi-Strategy Program, Red Oak Commodity Advisors, Inc.’s Fundamental Diversified Program, Rosetta Capital Management, LLC’s Rosetta Trading Program, and Landmark Trading Company’s Landmark Program, the assets of Frontier Trading Company XV, LLC, which included exposure to Transtrend B.V.’s TT Enhanced Risk (USD) Program, and the assets of Frontier Trading Company XXIII, LLC which included exposure to Fort L.P.’s Global Contrarian Program have been transferred to individual Delaware limited liability companies (“Master Funds”) in Galaxy Plus. Each Master Fund is sponsored and operated by Gemini Alternative Funds, LLC (“Sponsor”). The Sponsor has contracted with the Trading Advisors to manage the portfolios of the Master Funds pursuant to the advisors’ respective program. For those Series that invest in Galaxy Plus, approximately 30-70% of those Series assets are used to support the margin requirements of the Master Funds. The remaining assets of the Series are split between investments in Trading Companies and a pooled cash management account that invests primarily in U.S. Treasury securities. For those Series that do not invest in Galaxy Plus, their assets are split between investments in Trading Companies and investments in the pooled cash management account. As of December 31, 2017, Frontier Winton Fund has invested a portion of its assets in a single Trading Company, and a single Trading Advisor manages 100% of the assets invested in such Trading Company. Each of the remaining Series has invested a portion of its assets in several different Trading Companies or Galaxy Plus entities and one or more Trading Advisors may manage the assets invested in such Trading Companies or Galaxy Plus entities. The Trust has entered into agreements, which provide for the indemnification of futures clearing brokers, currency trading companies, and commodity trading advisers, among others, against losses, costs, claims and liabilities arising from the performance of their individual obligations under such agreements, except for gross negligence or bad faith. |
Equinox Frontier Fund [Member] | |
Organization and Purpose | 1. Organization and Purpose Frontier Funds, which is referred to in this report as the “Trust”, was formed on August 8, 2003, as a Delaware statutory trust and is set to expire on December 31, 2053. The Trust is a multi-advisor commodity pool, as described in CFTC Regulation § 4.10(d)(2). The Trust has authority to issue separate Series of Units pursuant to the requirements of the Trust Act. The assets of each Series are valued and accounted for separately from the assets of other Series. The Trust is not registered as an investment company under the Investment Company Act. It is managed by the Managing Owner. Purchasers of Units are Limited Owners of the Trust with respect to beneficial interests of the Series’ Units purchased. The Trust Act provides that, except as otherwise provided in the second amended and restated declaration of trust and trust agreement dated December 9, 2013, as further amended, by and among the Managing Owner, Wilmington Trust Company as trustee and the unitholders, as amended from time to time (the “Trust Agreement”), unitholders of the Trust will have the same limitation of liability as do stockholders of private corporations organized under the General Corporation Law of the State of Delaware. The Trust Agreement confers substantially the same limited liability, and contains the same limited exceptions thereto, as would a limited partnership agreement for a Delaware limited partnership engaged in like transactions as the Trust. In addition, pursuant to the Trust Agreement, the Managing Owner of the Trust is liable for obligations of a Series in excess of that Series’ assets. Limited Owners do not have any such liability. The Managing Owner will make contributions to the Series of the Trust necessary to maintain at least a 1% interest in the aggregate capital, profits and losses of all Series. The Trust has been organized to pool investor funds for the purpose of trading in the U.S. and international markets for currencies, interest rates, stock indices, agricultural and energy products, precious and base metals and other commodities. The Trust may also engage in futures contracts, forwards, option contracts and other interest in derivative instruments, including swap contracts. The Trust has seven (7) separate and distinct Series of Units issued and outstanding: Frontier Diversified Fund, Frontier Masters Fund, Frontier Long/Short Commodity Fund, Frontier Balanced Fund, Frontier Select Fund, Frontier Winton Fund, and Frontier Heritage Fund. The Trust financial statements are comprised of unitized Series which are consolidated into the Trust financial statements. However, the consolidated Trust does not issue units. The Trust, with respect to each Series: ● engages in the speculative trading of a diversified portfolio of futures, forwards (including interbank foreign currencies), options contracts and other derivative instruments (including swap contracts), and may, from time to time, engage in cash and spot transactions; ● allocates funds to a limited liability trading company or companies (“Trading Company” or “Trading Companies”) and Galaxy Plus entities (“Galaxy Plus”). Except as otherwise described in these notes, each Trading Company and Galaxy Plus entity has one-year renewable contracts with its own independent commodity trading advisor (s), or each, a Trading Advisor, that will manage all or a portion of such Trading Company’s and Galaxy Plus assets and make the trading decisions for the assets of each Series vested in such Trading Company and Galaxy Plus entity. Each Trading Company and Galaxy Plus entity will segregate its assets from any other Trading Company and Galaxy Plus entity; ● maintains separate, distinct records for each Series, and accounts for the assets of each Series separately from the other Series; ● calculates the Net Asset Value (“NAV”) of its Units for each Series separately from the other Series; ● has an investment objective of increasing the value of each Series’ Units over the long term (capital appreciation), while managing risk and volatility; further, to offer exposure to the investment programs of individual Trading Advisors and to specific instruments; ● maintains each Series of Units in three to seven sub-classes—Class 1, Class 1AP, Class 1a, Class 2, Class 2a, Class 3, and Class 3a. Investors who have purchased Class 1 or Class 1a Units of Frontier Diversified Fund, Frontier Masters Fund, and Frontier Long/Short Commodity Fund are charged a service fee of up to two percent (2.0%) annually of the NAV (of the purchase price, in case of the initial service fee) of each Unit purchased, for the benefit of selling agents selling such Class 1 or Class 1a Units. The initial service fee, which is amortized monthly at an annual rate of up to two percent (2.0%) of the average daily NAV of Class 1 or Class 1a of such Series, is prepaid to the Managing Owner by each Series, and paid to the selling agents by the Managing Owner in the month following sale; provided, however, that investors who redeem all or a portion of their Class 1 or Class 1a Units of any Series during the first twelve (12) months following the effective date of their purchase are subject to a redemption fee of up to two percent (2.0%) of the purchase price at which such investor redeemed to reimburse the Managing Owner for the then-unamortized balance of the prepaid initial service fee. Investors who have purchased Class 1 or Class 1a Units of Frontier Balanced Fund, Frontier Heritage Fund, Frontier Select Fund, and Frontier Winton Fund are charged a service fee of up to three percent (3.0%) annually of the NAV (of the purchase price, in case of the initial service fee) of each Unit purchased, for the benefit of selling agents selling such Class 1 or Class 1a Units. The initial service fee, which is amortized monthly at an annual rate of up to three percent (3.0%) of the average daily NAV of Class 1 or Class 1a of such Series, is prepaid to the Managing Owner by each Series, and paid to the selling agents by the Managing Owner in the month following sale. With respect to Class 2 and Class 2a Units of any Series, the Managing Owner pays an ongoing service fee to selling agents of up to one half percent (0.5%) annually of the NAV of each Class 2 or Class 2a Unit (of which 0.25% will be charged to Limited Owners holding Class 2 Units of the Frontier Diversified Fund, and Frontier Masters Fund or Class 2a Units of the Frontier Long/Short Commodity Fund sold until such Class 2 or Class 2a Units which are subject to the fee limitation are reclassified as Class 3 or Class 3a Units of the applicable Series. Class 1AP was created as a sub-class of Class 1 and it has been presented separately because the fees applicable to it are different from those applicable to Class 1. Currently the service fee is not charged to Class 1AP investors. The Managing Owner may also pay selling agents certain additional fees and expenses for administrative and other services rendered and expenses incurred by such selling agents; and ● all payments made to selling agents who are members of the Financial Industry Regulatory Authority, Inc. (“FINRA”) and their associated persons that constitute underwriting compensation will be subject to the limitations set forth in Rule 2310(b)(4)(B)(ii) (formerly Rule 2810(b)(4)(B)(ii)) of the Conduct Rules of FINRA (“Rule 2310”). An investor’s Class 1 Units or Class 2 Units of any Series, or Class 1a Units or Class 2a Units of the Frontier Long/Short Commodity Fund or Frontier Balanced Fund will be classified as Class 3 or Class 3a Units of such Series, as applicable, when the Managing Owner determines that the fee limitation set forth in Rule 2310 with respect to such Units has been reached or will be reached. The service fee limit applicable to each unit sold is reached upon the earlier of when (i) the aggregate initial and ongoing service fees received by the selling agent with respect to such unit equals 9% of the purchase price of such unit or (ii) the aggregate underwriting compensation (determined in accordance with FINRA Rule 2310) paid in respect of such unit totals 10% of the purchase price of such unit. No service fees are paid with respect to Class 3 or Class 3a Units. Units of any Class in a Series may be redeemed, in whole or in part, on a daily basis, at the then current NAV per Unit for such Series on the day of the week after the date the Managing Owner is in receipt of a redemption request for at least one (1) Business Day to be received by the Managing Owner prior to 4:00 PM in New York. The assets of any particular Series include only those funds and other assets that are paid to, held by or distributed to the Trust on account of and for the benefit of that Series. Under the “Inter-Series Limitation on Liability” expressly provided for under Section 3804(a) of the Trust Act, separate and distinct records of the cash and equivalents, although pooled for maximizing returns, is maintained in the books and records of each Series. As of December 31, 2017, the Trust, with respect to the Frontier Diversified Fund and Frontier Masters Fund, separates Units into three separate Classes—Class 1, Class 2, and Class 3. The Trust, with respect to the Frontier Select Fund Frontier Winton Fund and Frontier Heritage Fund separates Units into a maximum of three separate Classes- Class 1, Class 2 and Class 1AP. The Trust, with respect to the Frontier Balanced Fund separates Units into a maximum of five separate Classes— Class 1, Class 1AP, Class 2, Class 2A and Class 3A. The Trust, with respect to the Frontier Long/Short Commodity Fund separates Units into a maximum of five separate Classes— Class 1A, Class 2A, Class 2, Class 3A and Class 3. Between April 15, 2016 and May 10, 2017, a portion of the interests in Frontier Trading Company I, LLC and all of the interests in Frontier Trading Company VII, LLC, Frontier Trading Company XV, LLC, and Frontier Trading Company XXIII LLC held by Frontier Diversified Fund, Frontier Masters Fund, Frontier Select Fund, Frontier Balanced Fund and Frontier Long/Short Commodity Fund were exchanged for equivalent interests in the Galaxy Plus Managed Account Platform (“Galaxy Plus”) which is an unaffiliated, third-party managed account platform. The assets of Frontier Trading Company I, LLC, which included exposure to Quantmetrics Capital Management LLP’s Multi-Strategy Program, Quantitative Investment Management, LLC’s Quantitative Global Program, Quest Partners LLC’s Quest Tracker Index Program, Chesapeake Capital Management, LLC’s Diversified Program, and Doherty Advisors LLC’s Relative Value Moderate Program, the assets of Frontier Trading Company VII, LLC, which included exposure to Emil van Essen LLC’s Multi-Strategy Program, Red Oak Commodity Advisors, Inc.’s Fundamental Diversified Program, Rosetta Capital Management, LLC’s Rosetta Trading Program, and Landmark Trading Company’s Landmark Program, the assets of Frontier Trading Company XV, LLC, which included exposure to Transtrend B.V.’s TT Enhanced Risk (USD) Program, and the assets of Frontier Trading Company XXIII, LLC which included exposure to Fort L.P.’s Global Contrarian Program have been transferred to individual Delaware limited liability companies (“Master Funds”) in Galaxy Plus. Each Master Fund is sponsored and operated by Gemini Alternative Funds, LLC (“Sponsor”). The Sponsor has contracted with the Trading Advisors to manage the portfolios of the Master Funds pursuant to the advisors’ respective program. For those Series that invest in Galaxy Plus, approximately 30-70% of those Series assets are used to support the margin requirements of the Master Funds. The remaining assets of the Series are split between investments in Trading Companies and a pooled cash management account that invests primarily in U.S. Treasury securities. For those Series that do not invest in Galaxy Plus, their assets are split between investments in Trading Companies and investments in the pooled cash management account. As of December 31, 2017, Frontier Winton Fund has invested a portion of its assets in a single Trading Company, and a single Trading Advisor manages 100% of the assets invested in such Trading Company. Each of the remaining Series has invested a portion of its assets in several different Trading Companies or Galaxy Plus entities and one or more Trading Advisors may manage the assets invested in such Trading Companies or Galaxy Plus entities. The Trust has entered into agreements, which provide for the indemnification of futures clearing brokers, currency trading companies, and commodity trading advisers, among others, against losses, costs, claims and liabilities arising from the performance of their individual obligations under such agreements, except for gross negligence or bad faith. |
The Trading Companies of the Equinox Frontier Funds [Member] | |
Organization and Purpose | 1. Organization and Purpose These financial statements and related notes pertain to the following companies: Frontier Trading Company I LLC, Frontier Trading Company II LLC, Frontier Trading Company VII LLC, Frontier Trading Company IX LLC , Frontier Trading Company XIV, Frontier Trading Company XV LLC, Frontier Trading Company XXIII, Frontier Trading Company XXIX, Frontier Trading Company XXXIV, LLC, Frontier Trading Company XXXV LLC, Frontier Trading Company XXXVII, LLC, Frontier Trading Company XXXVIII, LLC, and Frontier Trading Company XXXIX, LLC (the “Trading Companies”). Frontier Funds (the “Trust”), was formed as a Delaware statutory trust on August 8, 2003, with separate Series of Units (the “Series”). Its term will expire on December 31, 2053 (unless terminated earlier in certain circumstances). The Trust is a multi-advisor commodity pool as described in Commodity Futures Trading Commission, or CFTC Regulation § 4.10(d)(2). All capital of the Trading Companies is provided by the Series and there are no other investors in the Trading Companies. Each Trading Company authorizes certain Trading Advisors to place trades and manage assets at pre-determined investment levels. The Trading Companies were organized for the purpose of investing in securities and derivative instruments, and have no operating income or expenses, except for trading income and expenses and a risk analysis fee. Trading Companies engage in the speculative trading of a diversified portfolio of futures, forwards (including interbank foreign currencies) and options contracts and other derivative instruments (including swap contracts) and may, from time to time, engage in cash and spot transactions. A brief description of the Trading Company’s main types of investments is set forth below: ● A futures contract is a standardized contract traded on an exchange that calls for the future delivery of a specified quantity of a commodity at a specified time and place. Exposure to futures contracts is done directly by the trading companies or indirectly through an investment in a private investment company that trades futures. ● A forward contract is an individually negotiated contract between principals, not traded on an exchange, to buy or sell a specified quantity of a commodity at or before a specified date at a specified price. ● An option on a futures contract, forward contract or a commodity gives the buyer of the option the right, but not the obligation, to buy or sell a futures contract, forward contract or a commodity, as applicable, at a specified price on or before a specified date. Options on futures contracts are standardized contracts traded on an exchange, while options on forward contracts and commodities, referred to collectively as over-the-counter options, generally are individually negotiated, principal-to-principal contracts not traded on an exchange. ● A swap contract generally involves an exchange of a stream of payments between the contracting parties. Swap contracts generally are not uniform and not exchange-traded. The Trust has entered into agreements, which provide for the indemnification of futures clearing brokers, currency trading companies, and commodity trading advisers, among others, against losses, costs, claims and liabilities arising from the performance of their individual obligations under such agreements, except for gross negligence or bad faith. |
Galaxy Plus Fund LLC [Member] | |
Organization and Purpose | Note 1. Organization and Structure Galaxy Plus Fund LLC (the “Onshore Platform”) was formed in Delaware as a series limited liability company on April 14, 2014. The Onshore Platform is part of the Galaxy Plus Managed Account Platform (the “Platform”). Both are sponsored by Gemini Alternatives Funds, LLC (the “Sponsor” or “GAF”) as a means of making available to qualified high net-worth individuals and institutional investors (including fund of hedge funds) (“Investors”) a variety of third-party professional managed futures and foreign exchange advisors (“Advisors”) in an investment environment which facilitates access to multiple Advisors without having to negotiate individually with any Advisor, meet their account minimums, or establish futures and forward dealing accounts. Each of the Onshore Platform’s respective series (each a “Fund”, collectively the “Funds”) invest in a separately formed Delaware limited liability company (each a “Master Fund”, collectively the “Master Funds”). Unless specified otherwise, each Master Fund is managed by a different Advisor. Collectively, the Advisors implement a wide range of trading strategies, trade entirely independently from each other and are not affiliated with the Sponsor. The Trading Advisor Supplement (the “Supplement”), which was provided to each of the investors, and can be provided by the Sponsor if requested, includes specific information relating to each Master Fund and its respective Advisor, including a description of the Advisor, their trading strategy, and the financial terms. The structure of the Platform permits the Funds to offer Investors a choice of trading leverage levels as well as the ability to adjust such levels in response to changes in Advisor performance, general market conditions and the Investor’s own portfolio objectives. Each Investor’s selected trading leverage is managed by the Funds by allocating the Investor’s subscription proceeds between the Funds’ bank accounts and the corresponding Master Funds. Galaxy Plus Fund SPC (the “Offshore Platform”) is part of the Platform and is sponsored by GAF primarily for non-U.S. Investors. The Offshore Platform operates in substantially the same manner as the Onshore Platform and also invests in the same Master Funds. GAF was formed in October 2013 and its principal office is located in Chicago, Illinois. GAF is registered with the U.S. Commodity Futures Trading Commission (CFTC) as a commodity pool operator and commodity trading advisor, and is a member of the National Futures Association (NFA). The Platform has appointed the Sponsor, under the terms of the Limited Liability Company Agreement (the “LLC Agreement”) as the managing member of the Onshore Platform. In such capacity, the Sponsor has the authority, to manage, with wide discretionary powers, the business and affairs of the Onshore Platform including the authority to select the administrator for the Onshore Platform. The LLC Agreement will continue to remain in force until terminated by either the Sponsor or the Platform upon not less than sixty (60) days’ prior written notice. In certain circumstances (for example, the insolvency of either party or in the event all trading for the Platform by the Advisors are suspended), the LLC Agreement may be immediately terminated by either party. Capitalized terms throughout these notes are defined in the LLC Agreement. In accordance with Delaware law, the assets held in each Fund shall be applied and held solely for the benefit of the members in such Fund and no member of another Fund shall have any claim or right to any asset allocated to another Fund. The assets of each Fund shall be applied solely to satisfy only that respective Fund’s liabilities. If an asset is not attributable to any particular Fund, the Sponsor shall have the discretion to determine the basis upon which such asset shall be allocated among the Funds and the Sponsor shall have the absolute discretion to vary such allocation. If the assets not attributable to any Fund give rise to any net profits, the Sponsor may, in its absolute discretion, allocate the net profits to any Fund. During 2017, the Onshore Platform consisted, in part, of the Funds described below. The Funds listed, herein, contain Class EF interest. That interest was created specifically for a strategic investor (see Note 3). The Funds are considered significant subsidiaries of that strategic investor under S-X 3-09. The financial statement for each of the Master Funds referenced below are attached to this report and should be read in conjunction with each Fund’s financial statements. The financial statement for each of the Master Funds referenced below are attached to this report and should be read in conjunction with each Fund’s financial statements. Galaxy Plus Fund – FORT Contrarian Feeder Fund (510) LLC (“510”) Galaxy Plus Fund – Emil van Essen STP Feeder Fund (516) LLC (“516”) Galaxy Plus Fund – Quest Feeder Fund (517) LLC (“517”) Galaxy Plus Fund – Chesapeake Feeder Fund (518) LLC (“518”) Presentation of Financial Statements-Liqiuidation Basis of Accounting. Galaxy Plus Fund – LRR Feeder Fund (522) LLC (“522”) Galaxy Plus Fund – QIM Feeder Fund (526) LLC (“526”) Galaxy Plus Fund – Quantmetrics Feeder Fund (527) LLC (“527”) Galaxy Plus Fund – Doherty Feeder Fund (528) LLC (“528”) Galaxy Plus Fund – TT Feeder Fund (531) LLC (“531”) Galaxy Plus Fund – Aspect Feeder Fund (532) LLC (“532”) Galaxy Plus Fund – Quest FIT Feeder Fund (535) LLC (“535”) Galaxy Plus Fund – Welton GDP Feeder Fund (538) LLC (“538W”) |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | |
Organization and Purpose | Note 1. Organization and Structure Galaxy Plus Fund – Aspect Master Fund (532) LLC (the “Master Fund”) was formed in Delaware as a limited liability company on April 20, 2016 and commenced operations on December 16, 2016. The Master Fund was created to serve as the trading entity managed by Aspect Capital Limited, L.L.C. (the “Trading Advisor”) pursuant to its Aspect Core Diversified Program (the “Program”). The Program applies a proprietary and systematic quantitative investment approach to generate profit from trends in both rising and falling markets. The Master Fund and other separately formed Delaware limited liability companies (“Other Master Funds”), are investment vehicles available under the Galaxy Plus Managed Account Platform (the “Platform”). The Master Fund and the Platform are sponsored by Gemini Alternative Funds, LLC (the “Sponsor” or “GAF”) as a means of making available, to qualified high net-worth individuals and institutional investors (including fund of hedge funds) (“Investors”), a variety of third-party professional managed futures and foreign exchange advisors (“Advisors”). The Trading Advisor is not affiliated with the Sponsor. GAF was formed in October 2013 and its principal office is located in Chicago, Illinois. GAF is registered with the U.S. Commodity Futures Trading Commission (CFTC) as a commodity pool operator and commodity trading advisor, and is a member of the National Futures Association (NFA). Galaxy Plus Fund LLC, a Delaware Series Limited Liability Company (the “Onshore Platform”), and Galaxy Plus Fund SPC, a Cayman Islands Segregated Portfolio Company (the “Offshore Platform”) serve as the feeder funds for the Platform and invest substantially all of the assets of the respective segregated portfolios (each a “Fund”) in the Master Fund or other Master Funds. Galaxy Plus Fund – Aspect Feeder Fund (532) (“LLC532”), a separated series of the Onshore Platform and Galaxy Plus Fund – Aspect Offshore Feeder Fund (532) Segregated Portfolio (“SPC532”), a segregated portfolio of the Offshore Platform, can each invest in the Master Fund. As of December 31, 2017, SPC532 had not commenced operations. LLC532 and SPC532 are collectively hereafter referred to as the “Feeder Funds”. Subscriptions and redemptions into the Feeder Funds are the corresponding transactions with the Master Fund and are governed by the Onshore Platform’s and the Offshore Platform’s respective Confidential Offering Memorandums. The Platform has appointed the Sponsor, under the terms of the Limited Liability Company Agreement (the “LLC Agreement”) as the managing member of the Master Fund. In such capacity, the Sponsor has the authority, to manage, with wide discretionary powers, the business and affairs of the Master Fund including the authority to select the administrator for the Master Fund. The LLC Agreement will continue to remain in force until terminated by either the Sponsor or the Platform upon not less than sixty (60) days’ prior written notice. In certain circumstances (for example, the insolvency of either party or in the event all trading for the Platform by the Advisors are suspended), the LLC Agreement may be immediately terminated by either party. The Master Fund and the Sponsor have entered into a tri-party contract (the “Trading Agreement”) with the Trading Advisor pursuant to which the Master Fund’s trading accounts are managed, subject to rights of termination, by the Trading Advisor in accordance with the Program. The Trading Advisor may alter its Program (including its trading systems and methods and including the addition and/or deletion of any financial interests or contracts traded in the Master Fund’s trading accounts), provided that the Trading Advisor provide prior notice to the Master Fund and the Sponsor of any material change to the Trading Advisor’s Program. From time to time, the Trading Advisor (or its affiliates) may manage additional accounts, and these accounts will increase the level of competition for the same trades desired for the Master Fund, including the priorities of order entry. There is no specific limit as to the number of accounts the Trading Advisors (or their affiliates) may manage. In addition, the positions of all of the accounts owned or controlled by the Trading Advisor (or its affiliates) are aggregated for the purposes of applying speculative position limits. The management, incentive, and sponsor fees are paid directly by the Feeder Funds, and for this reason are not recorded as expenses of the Master Fund. |
Galaxy Plus Fund - Chesapeake Master Fund (518) LLC [Member] | |
Organization and Purpose | Note 1. Organization and Structure Galaxy Plus Fund – Chesapeake Master Fund (518) LLC (the “Master Fund”) was formed in Delaware as a limited liability company on January 6, 2016 and commenced operation on June 7, 2016. The Master Fund was created to serve as the trading entity managed by Chesapeake Capital Corporation (the “Trading Advisor”) pursuant to its Diversified Program (the “Program”). The Program employs a systematic disciplined investment approach based on trend and momentum, diversification, and capital preservation. The Master Fund and other separately formed Delaware limited liability companies (“Other Master Funds”), are investment vehicles available under the Galaxy Plus Managed Account Platform (the “Platform”). The Master Fund and the Platform are sponsored by Gemini Alternative Funds, LLC (the “Sponsor” or “GAF”) as a means of making available, to qualified high net-worth individuals and institutional investors (including fund of hedge funds) (“Investors”), a variety of third-party professional managed futures and foreign exchange advisors (“Advisors”). The Trading Advisor is not affiliated with the Sponsor. GAF was formed in October 2013 and its principal office is located in Chicago, Illinois. GAF is registered with the U.S. Commodity Futures Trading Commission (CFTC) as a commodity pool operator and commodity trading advisor, and is a member of the National Futures Association (NFA). Galaxy Plus Fund LLC, a Delaware Series Limited Liability Company (the “Onshore Platform”), and Galaxy Plus Fund SPC, a Cayman Islands Segregated Portfolio Company (the “Offshore Platform”) serve as the feeder funds for the Platform and invest substantially all of the assets of the respective segregated portfolios (each a “Fund”) in the Master Fund or other Master Funds. Galaxy Plus Fund - Chesapeake Feeder Fund (518) (“LLC518”), a separated series of the Onshore Platform and Galaxy Plus Fund – Chesapeake Offshore Feeder Fund (518) Segregated Portfolio (“SPC518”), a segregated portfolio of the Offshore Platform, can each invest in the Master Fund. As of December 31, 2017, SPC518 has not yet commenced operations. In January 2018, LLC518 fully redeemed its equity from the Master Fund raising substantial doubt that the Master Fund will be able to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. The Sponsor has elected to keep the Master Fund open and plans to find new seed capital so that trading can recommence. As a result, and based on the fact that a formal liquidation plan has not been adopted by the Sponsor, the Master Fund has not adopted the liquidation basis of accounting under FASB ASC 205-30 Presentation of Financial Statements-Liquidation Basis of Accounting. LLC518 and SPC518 are collectively hereafter referred to as the “Feeder Funds”. Subscriptions and redemptions into the Feeder Funds are the corresponding transactions with the Master Fund and are governed by the Onshore Platform’s and the Offshore Platform’s respective Confidential Offering Memorandums. The Platform has appointed the Sponsor, under the terms of the Limited Liability Company Agreement (the “LLC Agreement”) as the managing member of the Master Fund. In such capacity, the Sponsor has the authority, to manage, with wide discretionary powers, the business and affairs of the Master Fund including the authority to select the administrator for the Master Fund. The LLC Agreement will continue to remain in force until terminated by either the Sponsor or the Platform upon not less than sixty (60) days’ prior written notice. In certain circumstances (for example, the insolvency of either party or in the event all trading for the Platform by the Advisors are suspended), the LLC Agreement may be immediately terminated by either party. The Master Fund and the Sponsor have entered into a tri-party contract (the “Trading Agreement”) with the Trading Advisor pursuant to which the Master Fund’s trading accounts are managed, subject to rights of termination, by the Trading Advisor in accordance with the Program. The Trading Advisor may alter its Program (including its trading systems and methods and including the addition and/or deletion of any financial interests or contracts traded in the Master Fund’s trading accounts), provided that the Trading Advisor provide prior notice to the Master Fund and the Sponsor of any material change to the Trading Advisor’s Program. From time to time, the Trading Advisor (or its affiliates) may manage additional accounts, and these accounts will increase the level of competition for the same trades desired for the Master Fund, including the priorities of order entry. There is no specific limit as to the number of accounts the Trading Advisors (or their affiliates) may manage. In addition, the positions of all of the accounts owned or controlled by the Trading Advisor (or its affiliates) are aggregated for the purposes of applying speculative position limits. The management, incentive, and sponsor fees are paid directly by the Feeder Funds, and for this reason are not recorded as expenses of the Master Fund. |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | |
Organization and Purpose | Note 1. Organization and Structure Galaxy Plus Fund – Doherty Master Fund (528) LLC (the “Master Fund”) was formed in Delaware as a limited liability company on April 20, 2016 and commenced operation on July 19, 2016. The Master Fund was created to serve as the trading entity managed by Doherty Advisory, L.L.C. (the “Trading Advisor”) pursuant to its Relative Value Moderate program (the “Program”). The Program is a discretionary pure relative value/market neutral arbitrage strategy. The Master Fund and other separately formed Delaware limited liability companies (“Other Master Funds”), are investment vehicles available under the Galaxy Plus Managed Account Platform (the “Platform”). The Master Fund and the Platform are sponsored by Gemini Alternative Funds, LLC (the “Sponsor” or “GAF”) as a means of making available, to qualified high net-worth individuals and institutional investors (including fund of hedge funds) (“Investors”), a variety of third-party professional managed futures and foreign exchange advisors (“Advisors”). The Trading Advisor is not affiliated with the Sponsor. GAF was formed in October 2013 and its principal office is located in Chicago, Illinois. GAF is registered with the U.S. Commodity Futures Trading Commission (CFTC) as a commodity pool operator and commodity trading advisor, and is a member of the National Futures Association (NFA). Galaxy Plus Fund LLC, a Delaware Series Limited Liability Company (the “Onshore Platform”), and Galaxy Plus Fund SPC, a Cayman Islands Segregated Portfolio Company (the “Offshore Platform”) serve as the feeder funds for the Platform and invest substantially all of the assets of the respective segregated portfolios (each a “Fund”) in the Master Fund or other Master Funds. Galaxy Plus Fund – Doherty Feeder Fund (528) (“LLC528”), a separated series of the Onshore Platform and Galaxy Plus Fund – Doherty Offshore Feeder Fund (528) Segregated Portfolio (“SPC528”), a segregated portfolio of the Offshore Platform, can each invest in the Master Fund. As of December 31, 2017, SPC528 has not yet commenced operations. LLC528 and SPC528 are collectively hereafter referred to as the “Feeder Funds”. Subscriptions and redemptions into the Feeder Funds are the corresponding transactions with the Master Fund and are governed by the Onshore Platform’s and the Offshore Platform’s respective Confidential Offering Memorandums. The Platform has appointed the Sponsor, under the terms of the Limited Liability Company Agreement (the “LLC Agreement”) as the managing member of the Master Fund. In such capacity, the Sponsor has the authority, to manage, with wide discretionary powers, the business and affairs of the Master Fund including the authority to select the administrator for the Master Fund. The LLC Agreement will continue to remain in force until terminated by either the Sponsor or the Platform upon not less than sixty (60) days’ prior written notice. In certain circumstances (for example, the insolvency of either party or in the event all trading for the Platform by the Advisors are suspended), the LLC Agreement may be immediately terminated by either party. The Master Fund and the Sponsor have entered into a tri-party contract (the “Trading Agreement”) with the Trading Advisor pursuant to which the Master Fund’s trading accounts are managed, subject to rights of termination, by the Trading Advisor in accordance with the Program. The Trading Advisor may alter its Program (including its trading systems and methods and including the addition and/or deletion of any financial interests or contracts traded in the Master Fund’s trading accounts), provided that the Trading Advisor provide prior notice to the Master Fund and the Sponsor of any material change to the Trading Advisor’s Program. From time to time, the Trading Advisor (or its affiliates) may manage additional accounts, and these accounts will increase the level of competition for the same trades desired for the Master Fund, including the priorities of order entry. There is no specific limit as to the number of accounts the Trading Advisors (or their affiliates) may manage. In addition, the positions of all of the accounts owned or controlled by the Trading Advisor (or its affiliates) are aggregated for the purposes of applying speculative position limits. The management, incentive, and sponsor fees are paid directly by the Feeder Funds, and for this reason are not recorded as expenses of the Master Fund. |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | |
Organization and Purpose | Note 1. Organization and Structure Galaxy Plus Fund – Emil van Essen STP Master Fund (516) LLC (the “Master Fund”) was formed in Delaware as a limited liability company on January 7, 2016 and commenced operations on April 15, 2016. The Master Fund was created to serve as the trading entity managed by Emil van Essen, L.L.C. (the “Trading Advisor”) pursuant to its Multi-Strategy Program (the “Program”). The Program is an approximate 50/50 combination of the Spread Trading Program and the Long-Short Commodity Program. The Master Fund and other separately formed Delaware limited liability companies (“Other Master Funds”), are investment vehicles available under the Galaxy Plus Managed Account Platform (the “Platform”). The Master Fund and the Platform are sponsored by Gemini Alternative Funds, LLC (the “Sponsor” or “GAF”) as a means of making available, to qualified high net-worth individuals and institutional investors (including fund of hedge funds) (“Investors”), a variety of third-party professional managed futures and foreign exchange advisors (“Advisors”). The Trading Advisor is not affiliated with the Sponsor. GAF was formed in October 2013 and its principal office is located in Chicago, Illinois. GAF is registered with the U.S. Commodity Futures Trading Commission (CFTC) as a commodity pool operator and commodity trading advisor, and is a member of the National Futures Association (NFA). Galaxy Plus Fund LLC, a Delaware Series Limited Liability Company (the “Onshore Platform”), and Galaxy Plus Fund SPC, a Cayman Islands Segregated Portfolio Company (the “Offshore Platform”) serve as the feeder funds for the Platform and invest substantially all of the assets of the respective segregated portfolios (each a “Fund”) in the Master Fund or other Master funds. Galaxy Plus Fund – Emil van Essen Feeder Fund (516) (“LLC516”), a separated series of the Onshore Platform and Galaxy Plus Fund – Emil van Essen Offshore Feeder Fund (516) Segregated Portfolio (“SPC516”), a segregated portfolio of the Offshore Platform, can each invest in the Master Fund. As of December 31, 2017, SPC 516 had not yet commenced operations. LLC516 and SPC516 are collectively hereafter referred to as the “Feeder Funds”. Subscriptions and redemptions into the Feeder Funds are the corresponding transactions with the Master Fund and are governed by the Onshore Platform’s and the Offshore Platform’s respective Confidential Offering Memorandums. The Platform has appointed the Sponsor, under the terms of the Limited Liability Company Agreement (the “LLC Agreement”) as the managing member of the Master Fund. In such capacity, the Sponsor has the authority, to manage, with wide discretionary powers, the business and affairs of the Master Fund including the authority to select the administrator for the Master Fund. The LLC Agreement will continue to remain in force until terminated by either the Sponsor or the Platform upon not less than sixty (60) days’ prior written notice. In certain circumstances (for example, the insolvency of either party or in the event all trading for the Platform by the Advisors are suspended), the LLC Agreement may be immediately terminated by either party. The Master Fund and the Sponsor have entered into a tri-party contract (the “Trading Agreement”) with the Trading Advisor pursuant to which the Master Fund’s trading accounts are managed, subject to rights of termination, by the Trading Advisor in accordance with the Program. The Trading Advisor may alter its Program (including its trading systems and methods and including the addition and/or deletion of any financial interests or contracts traded in the Master Fund’s trading accounts), provided that the Trading Advisor provide prior notice to the Master Fund and the Sponsor of any material change to the Trading Advisor’s Program. From time to time, the Trading Advisor (or its affiliates) may manage additional accounts, and these accounts will increase the level of competition for the same trades desired for the Master Fund, including the priorities of order entry. There is no specific limit as to the number of accounts the Trading Advisors (or their affiliates) may manage. In addition, the positions of all of the accounts owned or controlled by the Trading Advisor (or its affiliates) are aggregated for the purposes of applying speculative position limits. The management, incentive, and sponsor fees are paid directly by the Feeder Funds, and for this reason are not recorded as expenses of the Master Fund. |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | |
Organization and Purpose | Note 1. Organization and Structure Galaxy Plus Fund – FORT Contrarian Master Fund (510) LLC (the “Master Fund”) was formed in Delaware as a limited liability company on June 5, 2015. The Master Fund was created to serve as the trading entity managed by Fort L.P. (the “Trading Advisor”) pursuant to its Global Contrarian program (the “Program”). The Program is a systematic, trend-anticipating trading program that seeks to capitalize on medium to long-term trends. The Master Fund and other separately formed Delaware limited liability companies (“Other Master Funds”), are investment vehicles available under the Galaxy Plus Managed Account Platform (the “Platform”). The Master Fund and the Platform are sponsored by Gemini Alternative Funds, LLC (the “Sponsor” or “GAF”) as a means of making available, to qualified high net-worth individuals and institutional investors (including funds of hedge funds) (“Investors”), a variety of third-party professional managed futures and foreign exchange advisors (“Advisors”). The Trading Advisor is not affiliated with the Sponsor. GAF was formed in October 2013 and its principal office is located in Chicago, Illinois. GAF is registered with the U.S. Commodity Futures Trading Commission (CFTC) as a commodity pool operator and commodity trading advisor, and is a member of the National Futures Association (NFA). Galaxy Plus Fund LLC, a Delaware Series Limited Liability Company (the “Onshore Platform”), and Galaxy Plus Fund SPC, a Cayman Islands Segregated Portfolio Company (the “Offshore Platform”) serve as the feeder funds for the Platform and invest substantially all of the assets of the respective segregated portfolios (each a “Fund”) in the Master Fund or other Master funds. Galaxy Plus Fund – FORT Contrarian Feeder Fund (510) LLC (“LLC510”), a separated series of the Onshore Platform and Galaxy Plus Fund – Fort Contrarian Offshore Feeder Fund (510) Segregated Portfolio (“SPC510”), a segregated portfolio of the Offshore Platform, can each invest in the Master Fund. As of December 31, 2017, SPC510 had not yet commenced operations. LLC510 and SPC510 are collectively hereafter referred to as the “Feeder Funds”. Subscriptions and redemptions into the Feeder Funds are the corresponding transactions with the Master Fund and are governed by the Onshore Platform’s and the Offshore Platform’s respective Confidential Offering Memorandums. The Platform has appointed the Sponsor, under the terms of the Limited Liability Company Agreement (the “LLC Agreement”) as the managing member of the Master Fund. In such capacity, the Sponsor has the authority, to manage, with wide discretionary powers, the business and affairs of the Master Fund including the authority to select the administrator for the Master Fund. The LLC Agreement will continue to remain in force until terminated by either the Sponsor or the Platform upon not less than sixty (60) days’ prior written notice. In certain circumstances (for example, the insolvency of either party or in the event all trading for the Platform by the Advisors are suspended), the LLC Agreement may be immediately terminated by either party. The Master Fund and the Sponsor have entered into a tri-party contract (the “Trading Agreement”) with the Trading Advisor pursuant to which the Master Fund’s trading accounts are managed, subject to rights of termination, by the Trading Advisor in accordance with the Program. The Trading Advisor may alter its Program (including its trading systems and methods and including the addition and/or deletion of any financial interests or contracts traded in the Master Fund’s trading accounts), provided that the Trading Advisor provide prior notice to the Master Fund and the Sponsor of any material change to the Trading Advisor’s Program. From time to time, the Trading Advisor (or its affiliates) may manage additional accounts, and these accounts will increase the level of competition for the same trades desired for the Master Fund, including the priorities of order entry. There is no specific limit as to the number of accounts the Trading Advisors (or their affiliates) may manage. In addition, the positions of all of the accounts owned or controlled by the Trading Advisor (or its affiliates) are aggregated for the purposes of applying speculative position limits. The management, incentive, and sponsor fees are paid directly by the Feeder Funds, and for this reason are not recorded as expenses of the Master Fund. |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | |
Organization and Purpose | Note 1. Organization and Structure Galaxy Plus Fund – LRR Master Fund (522) LLC (the “Master Fund”) was formed in Delaware as a limited liability company on January 26, 2016 and commenced operation on April 28, 2016. The Master Fund is a multi-advisor managed futures fund that allocates and reallocates its capital to different trading advisors implementing various trading programs. As of December 31, 2017, these trading advisors were Landmark Trading Company (“Landmark”), Rosetta Capital Management, LLC (“Rosetta”), and Red Oak Commodity Advisors, Inc (“Red Oak”) (collectively, the “Trading Advisors”). Landmark and Red Oak run discretionary programs and Rosetta runs a technical program. Each Trading Advisor runs their Program independently of one another. The Master Fund and other separately formed Delaware limited liability companies (“Other Master Funds”), are investment vehicles available under the Galaxy Plus Managed Account Platform (the “Platform”). The Master Fund and the Platform are sponsored by Gemini Alternative Funds, LLC (the “Sponsor” or “GAF”) as a means of making available, to qualified high net-worth individuals and institutional investors (including fund of hedge funds) (“Investors”), a variety of third-party professional managed futures and foreign exchange advisors (“Advisors”). The Trading Advisors are not affiliated with the Sponsor. GAF was formed in October 2013 and its principal office is located in Chicago, Illinois. GAF is registered with the U.S. Commodity Futures Trading Commission (CFTC) as a commodity pool operator and commodity trading advisor, and is a member of the National Futures Association (NFA). Galaxy Plus Fund LLC, a Delaware Series Limited Liability Company (the “Onshore Platform”), and Galaxy Plus Fund SPC, a Cayman Islands Segregated Portfolio Company (the “Offshore Platform”) serve as the feeder funds for the Platform and invest substantially all of the assets of the respective segregated portfolios (each a “Fund”) in the Master Fund or other Master Funds. Galaxy Plus Fund – LRR Feeder Fund (522) (“LLC522”), a separated series of the Onshore Platform and Galaxy Plus Fund – LRR Offshore Feeder Fund (522) Segregated Portfolio (“SPC522”), a segregated portfolio of the Offshore Platform, can each invest in the Master Fund. As of December 31, 2017, SPC522 had not yet commenced operations. LLC522 and SPC522 are collectively hereafter referred to as the “Feeder Funds”. Subscriptions and redemptions into the Feeder Funds are the corresponding transactions with the Master Fund and are governed by the Onshore Platform’s and the Offshore Platform’s respective Confidential Offering Memorandums. The Platform has appointed the Sponsor, under the terms of the Limited Liability Company Agreement (the “LLC Agreement”) as the managing member of the Master Fund. In such capacity, the Sponsor has the authority, to manage, with wide discretionary powers, the business and affairs of the Master Fund including the authority to select the administrator for the Master Fund. The LLC Agreement will continue to remain in force until terminated by either the Sponsor or the Platform upon not less than sixty (60) days’ prior written notice. In certain circumstances (for example, the insolvency of either party or in the event all trading for the Platform by the Advisors are suspended), the LLC Agreement may be immediately terminated by either party. The Master Fund and the Sponsor have entered into tri-party contracts (the “Trading Agreements”) with the Trading Advisors pursuant to which the Master Fund’s trading accounts are managed, subject to rights of termination, by the Trading Advisors in accordance with the Program. The Trading Advisors may alter their programs (including their trading systems and methods and including the addition and/or deletion of any financial interests or contracts traded in the Master Fund’s trading accounts), provided that the Trading Advisors provide prior notice to the Master Fund and the Sponsor of any material change to the Trading Advisor’s Program. From time to time, the Trading Advisors (or their affiliates) may manage additional accounts, and these accounts will increase the level of competition for the same trades desired for the Master Fund, including the priorities of order entry. There is no specific limit as to the number of accounts the Trading Advisors (or their affiliates) may manage. In addition, the positions of all of the accounts owned or controlled by the Trading Advisors (or their affiliates) are aggregated for the purposes of applying speculative position limits. The management, incentive, and sponsor fees are paid directly by the Feeder Funds, and for this reason are not recorded as expenses of the Master Fund. |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | |
Organization and Purpose | Note 1. Organization and Structure Galaxy Plus Fund – QIM Master Fund (526) LLC (the “Master Fund”) was formed in Delaware as a limited liability company on April 19, 2016 and commenced operation on June 22, 2016. The Master Fund was created to serve as the trading entity managed by Quantitative Investment Management, L.L.C. (the “Trading Advisor”) pursuant to its Global Program (the “Program”). The Program is a short to medium-term trading strategy designed to capitalize on market inefficiencies across a wide array of futures markets. The Master Fund and other separately formed Delaware limited liability companies (“Other Master Funds”), are investment vehicles available under the Galaxy Plus Managed Account Platform (the “Platform”). The Master Fund and the Platform are sponsored by Gemini Alternative Funds, LLC (the “Sponsor” or “GAF”) as a means of making available, to qualified high net-worth individuals and institutional investors (including fund of hedge funds) (“Investors”), a variety of third-party professional managed futures and foreign exchange advisors (“Advisors”). The Trading Advisor is not affiliated with the Sponsor. GAF was formed in October 2013 and its principal office is located in Chicago, Illinois. GAF is registered with the U.S. Commodity Futures Trading Commission (CFTC) as a commodity pool operator and commodity trading advisor, and is a member of the National Futures Association (NFA). Galaxy Plus Fund LLC, a Delaware Series Limited Liability Company (the “Onshore Platform”), and Galaxy Plus Fund SPC, a Cayman Islands Segregated Portfolio Company (the “Offshore Platform”) serve as the feeder funds for the Platform and invest substantially all of the assets of the respective segregated portfolios (each a “Fund”) in the Master Fund or other Master Funds. Galaxy Plus Fund – QIM Feeder Fund (526) (“LLC526”), a separated series of the Onshore Platform and Galaxy Plus Fund – QIM Offshore Feeder Fund (526) Segregated Portfolio (“SPC526”), a segregated portfolio of the Offshore Platform, can each invest in the Master Fund. As of December 31, 2017, SPC526 had not yet commenced operations. LLC526 and SPC526 are collectively hereafter referred to as the “Feeder Funds”. Subscriptions and redemptions into the Feeder Funds are the corresponding transactions with the Master Fund and are governed by the Onshore Platform’s and the Offshore Platform’s respective Confidential Offering Memorandums. The Platform has appointed the Sponsor, under the terms of the Limited Liability Company Agreement (the “LLC Agreement”) as the managing member of the Master Fund. In such capacity, the Sponsor has the authority, to manage, with wide discretionary powers, the business and affairs of the Master Fund including the authority to select the administrator for the Master Fund. The LLC Agreement will continue to remain in force until terminated by either the Sponsor or the Platform upon not less than sixty (60) days’ prior written notice. In certain circumstances (for example, the insolvency of either party or in the event all trading for the Platform by the Advisors are suspended), the LLC Agreement may be immediately terminated by either party. The Master Fund and the Sponsor have entered into a tri-party contract (the “Trading Agreement”) with the Trading Advisor pursuant to which the Master Fund’s trading accounts are managed, subject to rights of termination, by the Trading Advisor in accordance with the Program. The Trading Advisor may alter its Program (including its trading systems and methods and including the addition and/or deletion of any financial interests or contracts traded in the Master Fund’s trading accounts), provided that the Trading Advisor provide prior notice to the Master Fund and the Sponsor of any material change to the Trading Advisor’s Program. From time to time, the Trading Advisor (or its affiliates) may manage additional accounts, and these accounts will increase the level of competition for the same trades desired for the Master Fund, including the priorities of order entry. There is no specific limit as to the number of accounts the Trading Advisors (or their affiliates) may manage. In addition, the positions of all of the accounts owned or controlled by the Trading Advisor (or its affiliates) are aggregated for the purposes of applying speculative position limits. The management, incentive, and sponsor fees are paid directly by the Feeder Funds, and for this reason are not recorded as expenses of the Master Fund. |
Galaxy Plus Fund - Quantmetrics Master Fund (527) LLC [Member] | |
Organization and Purpose | Note 1. Organization and Structure Galaxy Plus Fund – Quantmetrics Master Fund (527) LLC (the “Master Fund”) was formed in Delaware as a limited liability company on April 20, 2016 and commenced operations on June 13, 2016. The Master Fund was created to serve as the trading entity managed by QuantMetrics Capital Management, L.L.C. (the “Trading Advisor”) pursuant to its QM Multi Strategy Program (the “Program”). The Program is a systematic trading strategy with a focus on short term imbalances in the futures markets. The Master Fund and other separately formed Delaware limited liability companies (“Other Master Funds”), are investment vehicles available under the Galaxy Plus Managed Account Platform (the “Platform”). The Master Fund and the Platform are sponsored by Gemini Alternative Funds, LLC (the “Sponsor” or “GAF”) as a means of making available, to qualified high net-worth individuals and institutional investors (including fund of hedge funds) (“Investors”), a variety of third-party professional managed futures and foreign exchange advisors (“Advisors”). The Trading Advisor is not affiliated with the Sponsor. GAF was formed in October 2013 and its principal office is located in Chicago, Illinois. GAF is registered with the U.S. Commodity Futures Trading Commission (CFTC) as a commodity pool operator and commodity trading advisor, and is a member of the National Futures Association (NFA). Galaxy Plus Fund LLC, a Delaware Series Limited Liability Company (the “Onshore Platform”), and Galaxy Plus Fund SPC, a Cayman Islands Segregated Portfolio Company (the “Offshore Platform”) serve as the feeder funds for the Platform and invest substantially all of the assets of the respective segregated portfolios (each a “Fund”) in the Master Fund or other Master Funds. Galaxy Plus Fund – Quantmetrics Feeder Fund (527) (“LLC527”), a separated series of the Onshore Platform and Galaxy Plus Fund – Quantmetrics Offshore Feeder Fund (527) Segregated Portfolio (“SPC527”), a segregated portfolio of the Offshore Platform, can each invest in the Master Fund. As of December 31, 2017, SPC527 had not yet commenced operations. LLC527 and SPC527 are collectively hereafter referred to as the “Feeder Funds”. Subscriptions and redemptions into the Feeder Funds are the corresponding transactions with the Master Fund and are governed by the Onshore Platform’s and the Offshore Platform’s respective Confidential Offering Memorandums. The Platform has appointed the Sponsor, under the terms of the Limited Liability Company Agreement (the “LLC Agreement”) as the managing member of the Master Fund. In such capacity, the Sponsor has the authority, to manage, with wide discretionary powers, the business and affairs of the Master Fund including the authority to select the administrator for the Master Fund. The LLC Agreement will continue to remain in force until terminated by either the Sponsor or the Platform upon not less than sixty (60) days’ prior written notice. In certain circumstances (for example, the insolvency of either party or in the event all trading for the Platform by the Advisors are suspended), the LLC Agreement may be immediately terminated by either party. The Master Fund and the Sponsor have entered into a tri-party contract (the “Trading Agreement”) with the Trading Advisor pursuant to which the Master Fund’s trading accounts are managed, subject to rights of termination, by the Trading Advisor in accordance with the Program. The Trading Advisor may alter its Program (including its trading systems and methods and including the addition and/or deletion of any financial interests or contracts traded in the Master Fund’s trading accounts), provided that the Trading Advisor provide prior notice to the Master Fund and the Sponsor of any material change to the Trading Advisor’s Program. From time to time, the Trading Advisor (or its affiliates) may manage additional accounts, and these accounts will increase the level of competition for the same trades desired for the Master Fund, including the priorities of order entry. There is no specific limit as to the number of accounts the Trading Advisors (or their affiliates) may manage. In addition, the positions of all of the accounts owned or controlled by the Trading Advisor (or its affiliates) are aggregated for the purposes of applying speculative position limits. The management and incentive fees due to the Trading Advisor, in accordance with the Trading Agreement, are paid directly by the Feeder Funds, and for this reason are not recorded as expenses of the Master Fund. |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | |
Organization and Purpose | Note 1. Organization and Structure Galaxy Plus Fund – Quest Master Fund (517) LLC (the “Master Fund”) was formed in Delaware as a limited liability company on January 12, 2016 and commenced operation on June 29, 2016. The Master Fund was created to serve as the trading entity managed by Quest Partner, L.L.C. (the “Trading Advisor”) pursuant to its Quest Tracker Index “QTI” (the “Program”). The Program is a systematic program that seeks to replicate the performance generated by the broad class of managed futures trading strategies of trend following. The Master Fund and other separately formed Delaware limited liability companies (“Other Master Funds”), are investment vehicles available under the Galaxy Plus Managed Account Platform (the “Platform”). The Master Fund and the Platform are sponsored by Gemini Alternative Funds, LLC (the “Sponsor” or “GAF”) as a means of making available, to qualified high net-worth individuals and institutional investors (including fund of hedge funds) (“Investors”), a variety of third-party professional managed futures and foreign exchange advisors (“Advisors”). The Trading Advisor is not affiliated with the Sponsor. GAF was formed in October 2013 and its principal office is located in Chicago, Illinois. GAF is registered with the U.S. Commodity Futures Trading Commission (CFTC) as a commodity pool operator and commodity trading advisor, and is a member of the National Futures Association (NFA). Galaxy Plus Fund LLC, a Delaware Series Limited Liability Company (the “Onshore Platform”), and Galaxy Plus Fund SPC, a Cayman Islands Segregated Portfolio Company (the “Offshore Platform”) serve as the feeder funds for the Platform and invest substantially all of the assets of the respective segregated portfolios (each a “Fund”) in the Master Fund or other Master Funds. Galaxy Plus Fund – Quest Feeder Fund (517) (“LLC517”), a separated series of the Onshore Platform and Galaxy Plus Fund – Quest Offshore Feeder Fund (517) Segregated Portfolio (“SPC517”), a segregated portfolio of the Offshore Platform, can each invest in the Master Fund. As of December 31, 2017, SPC517 had not yet commenced operations. LLC517 and SPC517 are collectively hereafter referred to as the “Feeder Funds”. Subscriptions and redemptions into the Feeder Funds are the corresponding transactions with the Master Fund and are governed by the Onshore Platform’s and the Offshore Platform’s respective Confidential Offering Memorandums. The Platform has appointed the Sponsor, under the terms of the Limited Liability Company Agreement (the “LLC Agreement”) as the managing member of the Master Fund. In such capacity, the Sponsor has the authority, to manage, with wide discretionary powers, the business and affairs of the Master Fund including the authority to select the administrator for the Master Fund. The LLC Agreement will continue to remain in force until terminated by either the Sponsor or the Platform upon not less than sixty (60) days’ prior written notice. In certain circumstances (for example, the insolvency of either party or in the event all trading for the Platform by the Advisors are suspended), the LLC Agreement may be immediately terminated by either party. The Master Fund and the Sponsor have entered into a tri-party contract (the “Trading Agreement”) with the Trading Advisor pursuant to which the Master Fund’s trading accounts are managed, subject to rights of termination, by the Trading Advisor in accordance with the Program. The Trading Advisor may alter its Program (including its trading systems and methods and including the addition and/or deletion of any financial interests or contracts traded in the Master Fund’s trading accounts), provided that the Trading Advisor provide prior notice to the Master Fund and the Sponsor of any material change to the Trading Advisor’s Program. From time to time, the Trading Advisor (or its affiliates) may manage additional accounts, and these accounts will increase the level of competition for the same trades desired for the Master Fund, including the priorities of order entry. There is no specific limit as to the number of accounts the Trading Advisors (or their affiliates) may manage. In addition, the positions of all of the accounts owned or controlled by the Trading Advisor (or its affiliates) are aggregated for the purposes of applying speculative position limits. The management, incentive, and sponsor fees are paid directly by the Feeder Funds, and for this reason are not recorded as expenses of the Master Fund. |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | |
Organization and Purpose | Note 1. Organization and Structure Galaxy Plus Fund – Quest FIT Master Fund (535) LLC (the “Master Fund”) was formed in Delaware as a limited liability company on June 23, 2016 and commenced operations on September 19, 2016. The Master Fund was created to serve as the trading entity managed by Quest Partners L.L.C. (the “Trading Advisor”) pursuant to its Quest Fixed Income Hedge Program (the “Program”). The Program is a quantitative trading program designed to capture short-term, medium-term, and long-term trends in various markets. The Master Fund and other separately formed Delaware limited liability companies (“Other Master Funds”), are investment vehicles available under the Galaxy Plus Managed Account Platform (the “Platform”). The Master Fund and the Platform are sponsored by Gemini Alternative Funds, LLC (the “Sponsor” or “GAF”) as a means of making available, to qualified high net-worth individuals and institutional investors (including fund of hedge funds) (“Investors”), a variety of third-party professional managed futures and foreign exchange advisors (“Advisors”). The Trading Advisor is not affiliated with the Sponsor. GAF was formed in October 2013 and its principal office is located in Chicago, Illinois. GAF is registered with the U.S. Commodity Futures Trading Commission (CFTC) as a commodity pool operator and commodity trading advisor, and is a member of the National Futures Association (NFA). Galaxy Plus Fund LLC, a Delaware Series Limited Liability Company (the “Onshore Platform”), and Galaxy Plus Fund SPC, a Cayman Islands Segregated Portfolio Company (the “Offshore Platform”) serve as the feeder funds for the Platform and invest substantially all of the assets of the respective segregated portfolios (each a “Fund”) in the Master Fund or other Master Funds. Galaxy Plus Fund – Quest FIT Feeder Fund (535) (“LLC535”), a separated series of the Onshore Platform and Galaxy Plus Fund – Quest FIT Offshore Feeder Fund (535) Segregated Portfolio (“SPC535”), a segregated portfolio of the Offshore Platform, each can invest in the Master Fund. As of December 31, 2017, SPC535 had not yet commenced operations. LLC535 and SPC535 are collectively hereafter referred to as the “Feeder Funds”. Subscriptions and redemptions into the Feeder Funds are the corresponding transactions with the Master Fund and are governed by the Onshore Platform’s and the Offshore Platform’s respective Confidential Offering Memorandums. The Platform has appointed the Sponsor, under the terms of the Limited Liability Company Agreement (the “LLC Agreement”) as the managing member of the Master Fund. In such capacity, the Sponsor has the authority, to manage, with wide discretionary powers, the business and affairs of the Master Fund including the authority to select the administrator for the Master Fund. The LLC Agreement will continue to remain in force until terminated by either the Sponsor or the Platform upon not less than sixty (60) days’ prior written notice. In certain circumstances (for example, the insolvency of either party or in the event all trading for the Platform by the Advisors are suspended), the LLC Agreement may be immediately terminated by either party. The Master Fund and the Sponsor have entered into a tri-party contract (the “Trading Agreement”) with the Trading Advisor pursuant to which the Master Fund’s trading accounts are managed, subject to rights of termination, by the Trading Advisor in accordance with the Program. The Trading Advisor may alter its Program (including its trading systems and methods and including the addition and/or deletion of any financial interests or contracts traded in the Master Fund’s trading accounts), provided that the Trading Advisor provide prior notice to the Master Fund and the Sponsor of any material change to the Trading Advisor’s Program. From time to time, the Trading Advisor (or its affiliates) may manage additional accounts, and these accounts will increase the level of competition for the same trades desired for the Master Fund, including the priorities of order entry. There is no specific limit as to the number of accounts the Trading Advisors (or their affiliates) may manage. In addition, the positions of all of the accounts owned or controlled by the Trading Advisor (or its affiliates) are aggregated for the purposes of applying speculative position limits. The management, incentive, and sponsor fees are paid directly by the Feeder Funds, and for this reason are not recorded as expenses of the Master Fund. |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | |
Organization and Purpose | Note 1. Organization and Structure Galaxy Plus Fund – TT Master Fund (531) LLC (the “Master Fund”) was formed in Delaware as a limited liability company on May 31, 2016 and commenced operation on May 10, 2017. The Master Fund was created to serve as the trading entity managed by Transtrend B.V. (the “Trading Advisor”) pursuant to its Diversified Trend Program (the “Program”). The Program is a medium-term trading strategy designed to generate returns across global future markets through quantitative price analysis. The Master Fund and other separately formed Delaware limited liability companies (“Other Master Funds”), are investment vehicles available under the Galaxy Plus Managed Account Platform (the “Platform”). The Master Fund and the Platform are sponsored by Gemini Alternative Funds, LLC (the “Sponsor” or “GAF”) as a means of making available, to qualified high net-worth individuals and institutional investors (including fund of hedge funds) (“Investors”), a variety of third-party professional managed futures and foreign exchange advisors (“Advisors”). The Trading Advisor is not affiliated with the Sponsor. GAF was formed in October 2013 and its principal office is located in Chicago, Illinois. GAF is registered with the U.S. Commodity Futures Trading Commission (CFTC) as a commodity pool operator and commodity trading advisor, and is a member of the National Futures Association (NFA). Galaxy Plus Fund LLC, a Delaware Series Limited Liability Company (the “Onshore Platform”), and Galaxy Plus Fund SPC, a Cayman Islands Segregated Portfolio Company (the “Offshore Platform”) serve as the feeder funds for the Platform and invest substantially all of the assets of the respective segregated portfolios (each a “Fund”) in the Master Fund or other Master Funds. Galaxy Plus Fund – TT Feeder Fund (531) (“LLC531”), a separated series of the Onshore Platform and Galaxy Plus Fund – TT Offshore Feeder Fund (531) Segregated Portfolio (“SPC531”), a segregated portfolio of the Offshore Platform, can each invest in the Master Fund. As of December 31, 2017, SPC531 had not yet commenced operations. LLC531 and SPC531 are collectively hereafter referred to as the “Feeder Funds”. Subscriptions and redemptions into the Feeder Funds are the corresponding transactions with the Master Fund and are governed by the Onshore Platform’s and the Offshore Platform’s respective Confidential Offering Memorandums. The Platform has appointed the Sponsor, under the terms of the Limited Liability Company Agreement (the “LLC Agreement”) as the managing member of the Master Fund. In such capacity, the Sponsor has the authority, to manage, with wide discretionary powers, the business and affairs of the Master Fund including the authority to select the administrator for the Master Fund. The LLC Agreement will continue to remain in force until terminated by either the Sponsor or the Platform upon not less than sixty (60) days’ prior written notice. In certain circumstances (for example, the insolvency of either party or in the event all trading for the Platform by the Advisors are suspended), the LLC Agreement may be immediately terminated by either party. The Master Fund and the Sponsor have entered into a tri-party contract (the “Trading Agreement”) with the Trading Advisor pursuant to which the Master Fund’s trading accounts are managed, subject to rights of termination, by the Trading Advisor in accordance with the Program. The Trading Advisor may alter its Program (including its trading systems and methods and including the addition and/or deletion of any financial interests or contracts traded in the Master Fund’s trading accounts), provided that the Trading Advisor provide prior notice to the Master Fund and the Sponsor of any material change to the Trading Advisor’s Program. From time to time, the Trading Advisor (or its affiliates) may manage additional accounts, and these accounts will increase the level of competition for the same trades desired for the Master Fund, including the priorities of order entry. There is no specific limit as to the number of accounts the Trading Advisors (or their affiliates) may manage. In addition, the positions of all of the accounts owned or controlled by the Trading Advisor (or its affiliates) are aggregated for the purposes of applying speculative position limits. The management, incentive, and sponsor fees are paid directly by the Feeder Funds, and for this reason are not recorded as expenses of the Master Fund. |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | |
Organization and Purpose | Note 1. Organization and Structure Galaxy Plus Fund – Welton GDP Master Fund (538) LLC (the “Master Fund”) was formed in Delaware as a limited liability company on January 27, 2017 and commenced operation on March 28, 2017. The Master Fund was created to serve as the trading entity managed by Welton Investment Partners, L.L.C. (the “Trading Advisor”) pursuant to its Global Directional Portfolio (the “Program”). The Program is designed to provide investors with non-correlated returns and long-term capital appreciation through the global futures and FX Markets. The Master Fund and other separately formed Delaware limited liability companies (“Other Master Funds”), are investment vehicles available under the Galaxy Plus Managed Account Platform (the “Platform”). The Master Fund and the Platform are sponsored by Gemini Alternative Funds, LLC (the “Sponsor” or “GAF”) as a means of making available, to qualified high net-worth individuals and institutional investors (including fund of hedge funds) (“Investors”), a variety of third-party professional managed futures and foreign exchange advisors (“Advisors”). The Trading Advisor is not affiliated with the Sponsor. GAF was formed in October 2013 and its principal office is located in Chicago, Illinois. GAF is registered with the U.S. Commodity Futures Trading Commission (CFTC) as a commodity pool operator and commodity trading advisor, and is a member of the National Futures Association (NFA). Galaxy Plus Fund LLC, a Delaware Series Limited Liability Company (the “Onshore Platform”), and Galaxy Plus Fund SPC, a Cayman Islands Segregated Portfolio Company (the “Offshore Platform”) serve as the feeder funds for the Platform and invest substantially all of the assets of the respective segregated portfolios (each a “Fund”) in the Master Fund or other Master Funds. Galaxy Plus Fund – Welton GDP Feeder Fund (538W) (“LLC538W”), a separated series of the Onshore Platform and Galaxy Plus Fund – Welton GDP Offshore Feeder Fund (538W) Segregated Portfolio (“SPC538W”), a segregated portfolio of the Offshore Platform, can each invest in the Master Fund. As of December 31, 2017, SPC538W had not yet commenced operations. LLC538W and SPC538W are collectively hereafter referred to as the “Feeder Funds”. Subscriptions and redemptions into the Feeder Funds are the corresponding transactions with the Master Fund and are governed by the Onshore Platform’s and the Offshore Platform’s respective Confidential Offering Memorandums. The Platform has appointed the Sponsor, under the terms of the Limited Liability Company Agreement (the “LLC Agreement”) as the managing member of the Master Fund. In such capacity, the Sponsor has the authority, to manage, with wide discretionary powers, the business and affairs of the Master Fund including the authority to select the administrator for the Master Fund. The LLC Agreement will continue to remain in force until terminated by either the Sponsor or the Platform upon not less than sixty (60) days’ prior written notice. In certain circumstances (for example, the insolvency of either party or in the event all trading for the Platform by the Advisors are suspended), the LLC Agreement may be immediately terminated by either party. The Master Fund and the Sponsor have entered into a tri-party contract (the “Trading Agreement”) with the Trading Advisor pursuant to which the Master Fund’s trading accounts are managed, subject to rights of termination, by the Trading Advisor in accordance with the Program. The Trading Advisor may alter its Program (including its trading systems and methods and including the addition and/or deletion of any financial interests or contracts traded in the Master Fund’s trading accounts), provided that the Trading Advisor provide prior notice to the Master Fund and the Sponsor of any material change to the Trading Advisor’s Program. From time to time, the Trading Advisor (or its affiliates) may manage additional accounts, and these accounts will increase the level of competition for the same trades desired for the Master Fund, including the priorities of order entry. There is no specific limit as to the number of accounts the Trading Advisors (or their affiliates) may manage. In addition, the positions of all of the accounts owned or controlled by the Trading Advisor (or its affiliates) are aggregated for the purposes of applying speculative position limits. The management, incentive, and sponsor fees are paid directly by the Feeder Funds, and for this reason are not recorded as expenses of the Master Fund. |
Significant Accounting Policies
Significant Accounting Policies | 12 Months Ended |
Dec. 31, 2017 | |
Series Of Frontier Fund [Member] | |
Significant Accounting Policies | 2. Significant Accounting Policies The following are the significant accounting policies of the Series of the Trust. Basis of Presentation Consolidation Galaxy Plus entities are co-mingled investment vehicles. In addition to the Series, there are other non-affiliated investors in Galaxy Plus. Subscriptions and redemptions by these non-affiliated investors will have a direct impact on the Series ownership percentage in Galaxy Plus. It is expected that ownership percentage will fluctuate (sometimes significantly) on a week by week basis which could also result in frequent changes in the consolidating Series. Such fluctuations make consolidating the financial statements of the Galaxy Plus entities both impractical and misleading. Non-consolidation of these Galaxy Plus entities presents a more useful financial statement for the readers. As such, management has decided that presenting Galaxy Plus entities on a non-consolidated basis as investments in other investments companies (a “fund of funds” approach) is appropriate and preferable to the users of these financial statements. Refer to Note 5 for additional disclosures related to these private investment companies. As of December 31, 2017 and as of December 31, 2016, the consolidated statement of financial condition of Frontier Balanced Fund included the assets and liabilities of its wholly owned interests in Frontier Trading Company I, LLC and Frontier Trading Company XXXIV, LLC. For the year ended December 31, 2017, the consolidated statement of operations of Frontier Balanced Fund included the earnings of its majority interest in Frontier Trading Company I, LLC and Frontier Trading Company XXXIV, LLC. For the year ended December 31, 2016, the consolidated statement of operations of Frontier Balanced Fund included the earnings of its majority interest in Frontier Trading Company I, LLC and Frontier Trading Company XXXIV, LLC as well as the results from operations for those Trading Companies that ceased operations during the year up to the date that operations ceased. Those Trading Companies that ceased operations during the year include Frontier Trading Company XIV, LLC on April 21, 2016, Frontier Trading Company XXIII, LLC on July 22, 2016, and Frontier Trading Company XXIX, LLC on January 29, 2016. As of December 31, 2017 and December 31, 2016, the consolidated statement of financial condition of Frontier Long/Short Commodity Fund included the assets and liabilities of its wholly owned Trading Company, Frontier Trading Company XXXVII, LLC. For the year ended December 31, 2017, the consolidated statement of operations of Frontier Long/Short Commodity Fund included the earnings of its majority owned Trading Company listed above. For the year ended December 31, 2016, the consolidated statement of operations of Frontier Long/Short Commodity Fund included the earnings of its majority owned Trading Company listed above as well as the results from operations for those Trading Companies that ceased operations during the year up to the date that operations ceased. Those trading companies that ceased operations during the year include Frontier Trading Company VII LLC on April 28, 2016. As of December 31, 2017 and December 31, 2016, the consolidated statement of financial condition of Frontier Diversified Fund included the assets and liabilities of its wholly owned Frontier Trading Company XXXV, LLC. For the years ended December 31, 2017 and 2016, the consolidated statement of operations of Frontier Diversified Fund included the earnings of its wholly owned Trading Company listed above. As of and for the years ended December 31, 2017 and December 31, 2016, the consolidated statement of financial condition and statement of operations of Frontier Heritage Fund included the assets and liabilities, and earnings, respectively, of its majority owned Trading Company, Frontier Trading Company XXXIX, LLC. As of December 31, 2016, the consolidated statement of financial condition of Frontier Select Fund include the assets and liabilities of it majority owned Frontier Trading Company XV, LLC. For the year ended December 31, 2017, the consolidated statement of operations of Frontier Select Fund included the earnings of its majority owned Trading Company, Frontier Trading Company XV, LLC through the period that Trading Company XV, LLC ceased operation on May 9, 2017. For the year ended December 31, 2016, the consolidated statement of operations of Frontier Select Fund included the earnings of its majority owned Trading Company listed above. As of December 31, 2016, the consolidated statement of financial condition Frontier Winton Fund included the assets and liabilities, respectively, of its majority owned Trading Company, Frontier Trading Company II, LLC. For the year ended December 31, 2017, the consolidated statements of operations of Frontier Winton Fund include the earnings of its majority owned Trading Company, Frontier Trading Company II, LLC from January 1, 2017 through December 14, 2017. For the year ended December 31,2016, the consolidated statement of operations of Frontier Winton Fund included the earnings of its majority owned Trading Company listed above. As of and for the years ended December 31, 2017 and 2016, Frontier Master Fund did not have a majority interest in any Trading Company. Each of the Series has invested in Frontier Trading Company XXXVIII, LLC on the same basis as its ownership in the cash pool. Frontier Trading Company XXXVIII, LLC’s assets, liabilities and earnings are allocated to all of the Series of the Trust based on their proportionate share of the cash pool. Each Series investment in the Frontier Trading Company XXXVIII, LLC is listed under Investments in unconsolidated trading companies, at fair value on the Statements of Financial Condition. Change in Consolidation Method— Use of Estimates— Cash and Cash Equivalents— Interest Income— U.S. Treasury Securities— Fair Value Measurements and Disclosures (“ Receivable From Futures Commission Merchants Investment Transactions— Balance Sheet (“ASC 210” Balance Sheet (Topic 210 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 is based on third party quoted dealer values on the interbank market. For U.S. Treasury securities, interest is recognized in the period earned and the instruments are marked-to-market daily based on third party information. Transaction costs are recognized as incurred and reflected separately in the statements of operations. Purchase and Sales of Private Investment Companies Foreign Currency Transactions— Allocation of Earnings— Each Series allocates funds to an affiliated Trading Company, or Companies, of the Trust or unaffiliated Galaxy Plus entity. Each Trading Company allocates all of its daily trading gains or losses to the Series in proportion to each Series’ ownership trading level interest in the Trading Company, adjusted on a daily basis (except for Trading Advisors and other investments such as swaps that are directly allocated to a specific Series). Likewise, trading gains and losses earned and incurred by the Series through their investments in Galaxy Plus entities are allocated to those Series on a daily basis. The allocation of gains and losses in Galaxy Plus entities are based on each Series pro-rata shares of the trading level of that entity which is updated at the beginning of each month or more frequently if there is a subscription or redemption activity in the entity. The value of all open contracts and cash held at clearing brokers is similarly allocated to the Series in proportion to each Series’ funds allocated to the Trading Companies or Galaxy Plus entities. Investments and Swaps Income Taxes Income Taxes In the opinion of the Managing Owner, (i) the Trust, with respect to the Series, is treated as a partnership for federal income tax purposes and, assuming that at least 90% of the gross income of the Trust constitutes “qualifying income” within the meaning of Section 7704(d) of the Code, (ii) the Trust is not a publicly traded partnership treated as a corporation, and (iii) the discussion set forth in the Prospectus under the heading “U.S. Federal Income Tax Consequences” correctly summarizes the material federal income tax consequences as of the date of the Prospectus to potential U.S. Limited Owners of the purchase, ownership and disposition of Units of the Trust. Fees and Expenses Incentive Fee (rebate)— Service Fees These service fees are part of the offering costs of the Trust, with respect to the Series, which include registration and filing fees, legal and blue sky expenses, accounting and audit, printing, marketing support and other offering costs which are borne by the Managing Owner. With respect to the service fees, the initial service fee (for the first 12 months) relating to a purchase of Class 1 and Class 1a Units by an investor is prepaid by the Managing Owner to the relevant selling agent in the month following such purchase and is reimbursed for such payment by the Series monthly in arrears in an amount based upon a corresponding percentage of NAV, calculated daily. Consequently, the Managing Owner bears the risk of the downside and the benefit of the upside potential of any difference between the amount of the initial service fee prepaid by it and the amount of the reimbursement thereof, which may result from variations in NAV over the following 12 months. Pending Owner Additions— Owner redemptions payable— Recently Adopted Accounting Pronouncements— Subsequent Events Subsequent Events |
Equinox Frontier Fund [Member] | |
Significant Accounting Policies | 2. Significant Accounting Policies The following are the significant accounting policies of the Trust. Basis of Presentation Consolidation Galaxy Plus entities are co-mingled investment vehicles. In addition to the Trust, there are other non-affiliated investors in Galaxy Plus. Subscriptions and redemptions by these non-affiliated investors will have a direct impact on the Trust ownership percentage in Galaxy Plus. It is expected that ownership percentage will fluctuate (sometimes significantly) on a week by week basis which could also result in frequent changes in the consolidating Series. Such fluctuations make consolidating the financial statements of the Galaxy Plus entities both impractical and misleading. Non-consolidation of these Galaxy Plus entities presents a more useful financial statement for the readers. As such, management has decided that presenting Galaxy Plus entities on a non-consolidated basis as investments in other investments companies (a “fund of funds” approach) is appropriate and preferable to the users of these financial statements. Refer to Note 5 for additional disclosures related to these private investment companies. Change in Consolidation Method— Use of Estimates— Cash and Cash Equivalents— Interest Income— U.S. Treasury Securities— Fair Value Measurements and Disclosures (“ Receivable from Futures Commission Merchants— Investment Transactions— Balance Sheet (“ASC 210” Balance Sheet (Topic 210 Any change in net unrealized gain or loss from the preceding period is reported in the consolidated statements of operations. Fair value of exchange-traded contracts is based upon exchange settlement prices. Fair value of non-exchange-traded contracts is based on third party quoted dealer values on the interbank market. For U.S. Treasury securities, interest was recognized in the period earned and the instruments were marked-to-market daily based on third party information. Transaction costs are recognized as incurred and reflected separately in the consolidated statements of operations. Purchase and Sales of Private Investment Companies Foreign Currency Transactions— Allocation of Earnings— Each Series allocates funds to an affiliated Trading Company, or Companies, of the Trust, or unaffiliated Galaxy Plus entity. Each Trading Company allocates all of its daily trading gains or losses to the Series in proportion to each Series’ ownership trading level interest in the Trading Company, adjusted on a daily basis (except for Trading Advisors and other investments such as swaps that are directly allocated to a specific series). Likewise, trading gains and losses earned and incurred by the Series through their investments in Galaxy Plus entities are allocated to those Series on a daily basis. The allocation of gains and losses in Galaxy Plus entities are based on each Series pro-rata shares of the trading level of that entity which is updated at the beginning of each month or more frequently if there is a subscription or redemption activity in the entity. The value of all open contracts and cash held at clearing brokers is similarly allocated to the Series in proportion to each Series’ funds allocated to the Trading Companies or Galaxy Plus entities. Investments and Swaps— Income Taxes— Income Taxes In the opinion of the Managing Owner, (i) the Trust is treated as a partnership for Federal income tax purposes and, assuming that at least 90% of the gross income of the Trust constitutes “qualifying income” within the meaning of Section 7704(d) of the Code, (ii) the Trust is not a publicly traded partnership treated as a corporation, and (iii) the discussion set forth in the Prospectus under the heading “U.S. Federal Income Tax Consequences” correctly summarizes the material Federal income tax consequences as of the date of the Prospectus to potential U.S. Limited Owners of the purchase, ownership and disposition of Series Units of the Trust. Fees and Expenses— Incentive Fee (rebate)— Service Fees These service fees are part of the offering costs of the Trust, which include registration and filing fees, legal and blue sky expenses, accounting and audit, printing, marketing support and other offering costs which are borne by the Managing Owner. With respect to the service fees, the initial service fee (for the first 12 months) relating to a purchase of Class 1 and Class 1a Units by an investor is prepaid by the Managing Owner to the relevant selling agent in the month following such purchase and is reimbursed for such payment by the Series monthly in arrears in an amount based upon a corresponding percentage of NAV, calculated daily. Consequently, the Managing Owner bears the risk of the downside and enjoys the benefit of the upside potential of any difference between the amount of the initial service fee prepaid by it and the amount of the reimbursement thereof, which may result from variations in NAV over the following 12 months. Pending Owner Additions— Owner redemptions payable— Recently Adopted Accounting Pronouncements— Subsequent Events Subsequent Events |
The Trading Companies of the Equinox Frontier Funds [Member] | |
Significant Accounting Policies | 2. Significant Accounting Policies The following are the significant accounting policies of the Trading Companies. Basis of Presentation Receivable from Futures Commission Merchants Change in Consolidation Method— Use of Estimates— Investment Transactions— Foreign Currency Transaction Purchase and Sales of Private Investment Companies Investments and Swaps Income Taxes Income Taxes Fees and Expenses Recently Adopted Accounting Pronouncement— Subsequent Events Subsequent Events |
Galaxy Plus Fund LLC [Member] | |
Significant Accounting Policies | Note 2. Summary of Significant Accounting Policies The following is a summary of significant accounting policies consistently followed in the preparation of the Onshore Platform’s financial statements. Principles of accounting: Investments: Investment in Master Fund Cash at bank: Subscriptions received in advance: Use of estimates: Interest income/expense: Allocation of income and gains and losses: Income taxes: The Funds are treated as partnerships for U.S. Federal income tax purposes and, as such, are generally not subject to U.S. Federal, state or local income taxes. The members of the Funds are liable for their share of all U.S. Federal, state, and local taxes, if any imposed on the net investment income and realized gains of the Funds. Indemnifications: Statement of cash flows: ● During the period, substantially all of the Funds’ investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Funds had little or no debt during the period; ● The Onshore Platform financial statements include statements of changes in members’ equity. Subscriptions and redemptions: |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | |
Significant Accounting Policies | Note 2. Summary of Significant Accounting Policies The following is a summary of significant accounting policies consistently followed in the preparation of the Master Fund’s financial statements. Principles of accounting: Cash and restricted cash: Offsetting of amounts related to certain contracts: Valuation and Revenue Recognition: Futures and options on futures contracts: Foreign currency transactions: Trading costs: Interest income/expense: Allocation of income and gains and losses: Income taxes: Use of estimates: Indemnifications: Statement of cash flows: ● During the year, substantially all of the Master Fund’s investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Master Fund had little or no debt during the year; ● The Master Fund’s financial statements include a statement of changes in member’s equity. Subscriptions and redemptions: |
Galaxy Plus Fund - Chesapeake Master Fund (518) LLC [Member] | |
Significant Accounting Policies | Note 2. Summary of Significant Accounting Policies The following is a summary of significant accounting policies consistently followed in the preparation of the Master Fund’s financial statements. Principles of accounting: Cash and restricted cash: Offsetting of amounts related to certain contracts: Valuation and Revenue Recognition: Futures and options on futures contracts: Foreign currency transactions: Trading costs: Interest income/expense: Allocation of income and gains and losses: Income taxes: Use of estimates: Indemnifications: Statement of cash flows: ● During the year, substantially all of the Master Fund’s investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Master Fund had little or no debt during the year; ● The Master Fund’s financial statements include a statement of changes in member’s equity. Subscriptions and redemptions: |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | |
Significant Accounting Policies | Note 2. Summary of Significant Accounting Policies The following is a summary of significant accounting policies consistently followed in the preparation of the Master Fund’s financial statements. Principles of accounting: Cash and restricted cash: Offsetting of amounts related to certain contracts: Valuation and Revenue Recognition: Futures and options on futures contracts: Trading costs: Interest income/expense: Allocation of income and gains and losses: Income taxes: Use of estimates: Indemnifications: Statement of cash flows: ● During the year, substantially all of the Master Fund’s investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Master Fund had little or no debt during the year; ● The Master Fund’s financial statements include a statement of changes in member’s equity. Subscriptions and redemptions: |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | |
Significant Accounting Policies | Note 2. Summary of Significant Accounting Policies The following is a summary of significant accounting policies consistently followed in the preparation of the Master Fund’s financial statements. Principles of accounting: Cash and restricted cash: Offsetting of amounts related to certain contracts: Valuation and Revenue Recognition: Futures and options on futures contracts: Foreign currency transactions: Trading costs: Interest income/expense: Allocation of income and gains and losses: Income taxes: Use of estimates: Indemnifications: Statement of cash flows: ● During the year, substantially all of the Master Fund’s investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Master Fund had little or no debt during the year; ● The Master Fund’s financial statements include a statement of changes in member’s equity. Subscriptions and redemptions: |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | |
Significant Accounting Policies | Note 2. Summary of Significant Accounting Policies The following is a summary of significant accounting policies consistently followed in the preparation of the Master Fund’s financial statements. Principles of accounting: Cash and restricted cash: Offsetting of amounts related to certain contracts: Valuation and Revenue Recognition: Futures and options on futures contracts: Foreign currency transactions: Trading costs: Interest income/expense: Allocation of income and gains and losses: Income taxes: Use of estimates: Indemnifications: Statement of cash flows: ● During the year, substantially all of the Master Fund’s investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Master Fund had little or no debt during the year; ● The Master Fund’s financial statements include a statement of changes in member’s equity. Subscriptions and redemptions: |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | |
Significant Accounting Policies | Note 2. Summary of Significant Accounting Policies The following is a summary of significant accounting policies consistently followed in the preparation of the Master Fund’s financial statements. Principles of accounting: Cash and restricted cash: Offsetting of amounts related to certain contracts: Valuation and Revenue Recognition: Futures and options on futures contracts: Foreign currency transactions: Trading costs: Interest income/expense: Allocation of income and gains and losses: Income taxes: Use of estimates: Indemnifications: Statement of cash flows: ● During the year, substantially all of the Master Fund’s investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Master Fund had little or no debt during the year; ● The Master Fund’s financial statements include a statement of changes in member’s equity. Subscriptions and redemptions: |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | |
Significant Accounting Policies | Note 2. Summary of Significant Accounting Policies The following is a summary of significant accounting policies consistently followed in the preparation of the Master Fund’s financial statements. Principles of accounting: Cash and restricted cash: Offsetting of amounts related to certain contracts: Valuation and Revenue Recognition: Futures and options on futures contracts: Foreign currency transactions: Trading costs: Interest income/expense: Allocation of income and gains and losses: Income taxes: Use of estimates: Indemnifications: Statement of cash flows: ● During the year, substantially all of the Master Fund’s investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Master Fund had little or no debt during the year; ● The Master Fund’s financial statements include a statement of changes in member’s equity. Subscriptions and redemptions: |
Galaxy Plus Fund - Quantmetrics Master Fund (527) LLC [Member] | |
Significant Accounting Policies | Note 2. Summary of Significant Accounting Policies The following is a summary of significant accounting policies consistently followed in the preparation of the Master Fund’s financial statements. Principles of accounting: Cash and restricted cash: Offsetting of amounts related to certain contracts: Valuation and Revenue Recognition: Futures and options on futures contracts: Foreign currency transactions: Trading costs: Interest income/expense: Allocation of income and gains and losses: Income taxes: Use of estimates: Indemnifications: Statement of cash flows: ● During the year, substantially all of the Master Fund’s investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Master Fund had little or no debt during the year; ● The Master Fund’s financial statements include a statement of changes in member’s equity. Subscriptions and redemptions: |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | |
Significant Accounting Policies | Note 2. Summary of Significant Accounting Policies The following is a summary of significant accounting policies consistently followed in the preparation of the Master Fund’s financial statements. Principles of accounting: Cash and restricted cash: Offsetting of amounts related to certain contracts: Valuation and Revenue Recognition: Futures and options on futures contracts: Foreign currency transactions: Trading costs: Interest income/expense: Allocation of income and gains and losses: Income taxes: Use of estimates: Indemnifications: Statement of cash flows: ● During the year, substantially all of the Master Fund’s investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Master Fund had little or no debt during the year; ● The Master Fund’s financial statements include a statement of changes in member’s equity. Subscriptions and redemptions: |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | |
Significant Accounting Policies | Note 2. Summary of Significant Accounting Policies The following is a summary of significant accounting policies consistently followed in the preparation of the Master Fund’s financial statements. Principles of accounting: Cash and restricted cash: Offsetting of amounts related to certain contracts: Valuation and Revenue Recognition: Futures and options on futures contracts: Foreign currency transactions: Trading costs: Interest income/expense: Allocation of income and gains and losses: Income taxes: Use of estimates: Indemnifications: Statement of cash flows: ● During the year, substantially all of the Master Fund’s investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Master Fund had little or no debt during the year; ● The Master Fund’s financial statements include a statement of changes in member’s equity. Subscriptions and redemptions: |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | |
Significant Accounting Policies | Note 2. Summary of Significant Accounting Policies The following is a summary of significant accounting policies consistently followed in the preparation of the Master Fund’s financial statements. Principles of accounting: Cash and restricted cash: Offsetting of amounts related to certain contracts: Valuation and Revenue Recognition: Futures and options on futures contracts: Forward currency contracts: Foreign currency transactions: Trading costs: Interest income/expense: Allocation of income and gains and losses: Income taxes: Use of estimates: Indemnifications: Statement of cash flows: ● During the period, substantially all of the Master Fund’s investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Master Fund had little or no debt during the period; ● The Master Fund’s financial statements include a statement of changes in member’s equity. Subscriptions and redemptions: |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | |
Significant Accounting Policies | Note 2. Summary of Significant Accounting Policies The following is a summary of significant accounting policies consistently followed in the preparation of the Master Fund’s financial statements. Principles of accounting: Cash and restricted cash: Offsetting of amounts related to certain contracts: Valuation and Revenue Recognition: Futures and options on futures contracts: Foreign currency transactions: Trading costs: Interest income/expense: Allocation of income and gains and losses: Income taxes: Use of estimates: Indemnifications: Statement of cash flows: ● During the period, substantially all of the Master Fund’s investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Master Fund had little or no debt during the period; ● The Master Fund’s financial statements include a statement of changes in member’s equity. Subscriptions and redemptions: |
Fair Value Measurements
Fair Value Measurements | 12 Months Ended |
Dec. 31, 2017 | |
Series Of Frontier Fund [Member] | |
Fair Value Measurements | 3. Fair Value Measurements In connection with the valuation of investments the Series apply ASC 820. ASC 820 provides clarification that when a quoted price in an active market for the identical asset or liability is not available, a reporting entity is required to measure fair value using certain techniques. ASC 820 also clarifies that when estimating the fair value of an asset or liability, a reporting entity is not required to include a separate input or adjustment to other inputs relating to the existence of a restriction that prevents the transfer of an asset or liability. ASC 820 also clarifies that both a quoted price in an active market for the identical asset or liability at the measurement date and the quoted price for the identical asset or liability when traded as an asset in an active market when no adjustments to the quoted price of the asset are required are Level 1 fair value measurements. Level 1 Inputs Unadjusted quoted prices in active markets for identical financial assets that the reporting entity has the ability to access at the measurement date. Level 2 Inputs Inputs other than quoted prices included in Level 1 that are observable for the financial assets or liabilities, either directly or indirectly. These might include quoted prices for similar financial assets in active markets, quoted prices for identical or similar financial assets in markets that are not active, inputs other than quoted prices that are observable for the financial assets or inputs that are derived principally from or corroborated by market data by correlation or other means. Level 3 Inputs Unobservable inputs for determining the fair value of financial assets that reflect an entity’s own assumptions about the assumptions that market participants would use in pricing the financial asset. The Trust, with respect to the Series, uses the following methodologies to value instruments within its financial asset portfolio at fair value: Trading Securities. Swap Contracts. Investment in Unconsolidated Trading Companies. Investments in Private Investment Companies The following table summarizes investments in each Series measured at fair value on a recurring basis as of December 31, 2017 and December 31, 2016 segregated by the level of valuation inputs within the fair value hierarchy utilized to measure fair value. December 31, 2017 Level 1 Inputs Level 2 Inputs Level 3 Inputs Total Frontier Diversified Fund Investment in Unconsolidated Trading Companies $ 2,152,721 $ 55,593 $ — $ 2,208,314 Swap Contracts — — 6,376,472 6,376,472 U.S. Treasury Securities 767,049 — — 767,049 Frontier Masters Fund Investment in Unconsolidated Trading Companies 1,460,743 31,450 — 1,492,193 U.S. Treasury Securities 1,663,014 — — 1,663,014 Frontier Long/Short Commodity Fund Investment in Unconsolidated Trading Companies 121,510 — — 121,510 Swap Contracts — — 397,039 397,039 U.S. Treasury Securities 614,803 — — 614,803 Frontier Balanced Fund Investment in Unconsolidated Trading Companies 3,072,933 81,725 — 3,154,658 Open Trade Equity (Deficit) 144,983 33,569 — 178,552 Swap Contracts — — 11,340,959 11,340,959 U.S. Treasury Securities 663,808 — — 663,808 Frontier Select Fund Investment in Unconsolidated Trading Companies 91,790 — 579,073 670,863 U.S. Treasury Securities 464,427 — — 464,427 Frontier Winton Fund Investment in Unconsolidated Trading Companies 7,750,343 184,193 — 7,934,536 U.S. Treasury Securities 5,667,825 — — 5,667,825 Frontier Heritage Fund Investment in Unconsolidated Trading Companies 1,500,688 35,943 — 1,536,631 Swap Contracts — — 3,094,367 3,094,367 U.S. Treasury Securities 1,046,861 — — 1,046,861 December 31, 2016 Level 1 Inputs Level 2 Inputs Level 3 Inputs Total Frontier Diversified Fund Investment in Unconsolidated Trading Companies $ 4,188,662 $ 12,966 $ — $ 4,201,628 Swap Contracts — — 8,637,847 8,637,847 U.S. Treasury Securities 6,525,280 — — 6,525,280 Frontier Masters Fund Investment in Unconsolidated Trading Companies 6,667,632 10,474 — 6,678,106 U.S. Treasury Securities 4,313,843 — — 4,313,843 Frontier Long/Short Commodity Fund Swap Contracts — — 4,220,468 4,220,468 Frontier Balanced Fund Investment in Unconsolidated Trading Companies 5,998,541 (33,210 ) — 5,965,331 Open Trade Equity (Deficit) 288,647 (50,986 ) — 237,661 Swap Contracts — — 18,939,450 18,939,450 U.S. Treasury Securities 9,770,117 — — 9,770,117 Frontier Select Fund Investment in Unconsolidated Trading Companies 759,978 3,609 3,147,279 3,910,866 Open Trade Equity (Deficit) 679,310 6,712 — 686,022 U.S. Treasury Securities 2,912,611 — — 2,912,611 Winton Fund Investment in Unconsolidated Trading Companies 4,020,731 51,719 — 4,072,450 Open Trade Equity (Deficit) 1,123,666 98,858 — 1,222,524 U.S. Treasury Securities 15,533,863 — — 15,533,863 Frontier Heritage Fund Investment in Unconsolidated Trading Companies 2,735,614 9,026 — 2,744,640 Swap Contracts — — 8,391,414 8,391,414 U.S. Treasury Securities 3,701,890 — — 3,701,890 The changes in Level 3 assets measured at fair value on a recurring basis are summarized in the following tables. Swap contract asset gains and losses included in earnings are classified in “realized and unrealized gain (loss) on investments – net unrealized gain/(loss) on swap contracts” on the statements of operations. Investment in unconsolidated trading company asset gains and losses (realized/unrealized) included in earnings are classified in “Change in fair value of investments in unconsolidated trading companies.” During the year ended December 31, 2017 and 2016, all identified Level 3 assets were components of the Frontier Diversified Fund, Frontier Long/Short Commodity Fund, Frontier Balanced Fund, Frontier Select Fund, and Frontier Heritage Fund. 2017: For the Year Ended December 31, 2017 Swaps Frontier Long/Short Frontier Diversified Fund Commodity Fund Frontier Balanced Fund Balance of recurring Level 3 assets as of January 1, 2017 $ 8,637,847 $ 4,220,468 $ 18,939,450 Total gains or losses (realized/unrealized): Included in earnings-realized — — — Included in earnings-unrealized (47,375 ) 26,621 (84,491 ) Proceeds from collateral reduction (2,214,000 ) (3,850,050 ) (7,514,000 ) Change in ownership allocation — — — Transfers in and/or out of Level 3 — — — Balance of recurring Level 3 assets as of December 31, 2017 $ 6,376,472 $ 397,039 $ 11,340,959 Frontier Heritage Fund Balance of recurring Level 3 assets as of January 1, 2017 $ 8,391,414 Total gains or losses (realized/unrealized): Included in earnings-realized — Included in earnings-unrealized (297,047 ) Proceeds from collateral reduction (5,000,000 ) Change in ownership allocation — Transfers in and/or out of Level 3 — Balance of recurring Level 3 assets as of December 31, 2017 $ 3,094,367 Investments in Unconsolidated Trading Companies: Frontier Select Fund Balance of recurring Level 3 assets as of January 1, 2017 $ 3,147,279 Change in fair value of investments in unconsolidated trading companies (144,019 ) Change in ownership allocation (2,424,187 ) Transfers in and/or out of Level 3 — Balance of recurring Level 3 assets as of December 31, 2017 $ 579,073 2016: For the Year Ended December 31, 2016 Swaps: Frontier Frontier Long/Short Commodity Frontier Diversified Fund Fund Balanced Fund Balance of recurring Level 3 assets as of January 1, 2016 $ 8,685,849 $ 4,332,428 $ 19,157,520 Total gains or losses (realized/unrealized): Included in earnings-realized — — — Included in earnings-unrealized (48,002 ) (111,960 ) (218,070 ) Change in ownership allocation — — — Transfers in and/or out of Level 3 — — — Balance of recurring Level 3 assets as of December 31, 2016 8,637,847 $ 4,220,468 $ 18,939,450 Frontier Heritage Fund Balance of recurring Level 3 assets as of January 1, 2016 $ 7,960,268 Total gains or losses (realized/unrealized): Included in earnings-realized — Included in earnings-unrealized 431,146 Change in ownership allocation — Transfers in and/or out of Level 3 — Balance of recurring Level 3 assets as of December 31, 2016 $ 8,391,414 Investments in Unconsolidated Trading Companies: Frontier Select Fund Balance of recurring Level 3 assets as of January 1, 2016 $ 3,933,919 Change in fair value of investments in unconsolidated trading companies 368,596 Advance on unrealized Swap Appreciation (1,155,236 ) Transfers in and/or out of Level 3 — Balance of recurring Level 3 assets as of December 31, 2016 $ 3,147,279 The Series of the Trust assess 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 Series’ accounting policy regarding the recognition of transfers between levels of the fair value hierarchy. During the year ended December 31, 2017 and year ended December 31, 2016, the Trust did not transfer any assets between Levels 1, 2 or 3. The amounts reflected in the change in ownership allocation result from changes in ownership in the underlying Trading Companies at the Series level, which have resulted in changes in consolidation or de-consolidation by the Series. The ownership in the Trading Companies is accounted for under the equity method, which approximates fair value. The Frontier Heritage Fund and the Frontier Select Fund jointly own the Frontier Brevan Howard swap. The Frontier Heritage Fund owns the majority interest in the Frontier Brevan Howard swap. The total change in unrealized appreciation (depreciation) included in the statements of operations attributable to level 3 investments still held at December 31, 2017. Frontier Diversified Frontier Long/Short Fund Commodity Fund Frontier Balanced Fund Frontier Heritage Fund Swap Contracts $ (47,375 ) $ 26,621 $ (84,491 ) $ (297,047 ) The total change in unrealized appreciation (depreciation) included in the statements of operations attributable to level 3 investments still held at December 31, 2016. Frontier Diversified Frontier Long/Short Fund Commodity Fund Frontier Balanced Fund Frontier Heritage Fund Swap Contracts $ (48,002 ) $ (111,960 ) $ (218,070 ) $ 431,146 The total change in unrealized appreciation (depreciation) included in the statements of operations attributable to level 3 investments still held at December 31, 2015. Frontier Diversified Frontier Long/Short Fund Commodity Fund Frontier Balanced Fund Frontier Heritage Fund Swap Contracts $ 2,115,441 $ (300,633 ) $ (910,566 ) $ 419,803 |
Equinox Frontier Fund [Member] | |
Fair Value Measurements | 3. Fair Value Measurements In connection with the valuation of investments the Trust applies ASC 820, Fair Value Measurement (“ASC 820”) Level 1 Inputs Unadjusted quoted prices in active markets for identical financial assets that the reporting entity has the ability to access at the measurement date. Level 2 Inputs Inputs other than quoted prices included in Level 1 that are observable for the financial assets or liabilities, either directly or indirectly. These might include quoted prices for similar financial assets in active markets, quoted prices for identical or similar financial assets in markets that are not active, inputs other than quoted prices that are observable for the financial assets or inputs that are derived principally from or corroborated by market data by correlation or other means. Level 3 Inputs Unobservable inputs for determining the fair value of financial assets that reflect an entity’s own assumptions about the assumptions that market participants would use in pricing the financial asset. The Trust uses the following methodologies to value instruments within its financial asset portfolio at fair value: Trading Securities. Swap Contracts. Investments in Private Investment Companies The following table summarizes the instruments that comprise the Trust’s financial asset portfolio, in aggregate, measured at fair value on a recurring basis as of December 31, 2017 and 2016, segregated by the level of valuation inputs within the fair value hierarchy utilized to measure fair value: December 31, 2017 Level 1 Inputs Level 2 Inputs Level 3 Inputs Fair Value Open Trade Equity (Deficit) $ 1,145,940 $ 422,474 $ — $ 1,568,414 Swap Contracts — — 21,208,838 21,208,838 U.S. Treasury Securities 10,887,786 — — 10,887,786 Total December 31, 2016 Level 1 Inputs Level 2 Inputs Level 3 Inputs Fair Value Open Trade Equity (Deficit) $ 2,091,623 $ 54,584 $ — $ 2,146,207 Swap Contracts — — 40,189,178 40,189,178 U.S. Treasury Securities 42,757,604 — — 42,757,604 The changes in Level 3 assets measured at fair value on a recurring basis are summarized in the following tables. Swap contract asset gains and losses (realized/unrealized) included in earnings are classified in “realized and unrealized gain (loss) on investments – net unrealized gain/(loss) on swap contracts” on the statements of operations. For the Year ended December 31, 2017 Balance of recurring Level 3 assets as of January 1, 2017 $ 40,189,178 Total gains or losses (realized/unrealized): Included in earnings-realized — Included in earnings-unrealized (402,290 ) Proceeds from collateral reduction (18,578,050 ) Purchase of investments — Sale of investments — Transfers in and/or out of Level 3 — Balance of recurring Level 3 assets as of December 31, 2017 $ 21,208,838 For the Year ended December 31, 2016 Balance of recurring Level 3 assets as of January 1, 2016 $ 40,136,065 Total gains or losses (realized/unrealized): Included in earnings-realized — Included in earnings-unrealized 53,113 Purchase of investments — Sale of investments — Transfers in and/or out of Level 3 — Balance of recurring Level 3 assets as of December 31, 2016 $ 40,189,178 The Trust 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 Trust’s accounting policy regarding the recognition of transfers between levels of the fair value hierarchy. During the years ended December 31, 2017 and 2016, the Trust did not transfer any assets between Levels 1, 2 and 3. The total change in unrealized appreciation (depreciation) included in the statements of operations attributable to level 3 investments still held at December 31, 2017: Swaps $ (402,290 ) The total change in unrealized appreciation (depreciation) included in the statements of operations attributable to level 3 investments still held at December 31, 2016: Swaps $ 53,113 |
The Trading Companies of the Equinox Frontier Funds [Member] | |
Fair Value Measurements | 3. Fair Value Measurements In connection with the valuation of investments, the Trading Companies apply ASC 820. ASC 820 provides clarification that when a quoted price in an active market for the identical asset or liability is not available, a reporting entity is required to measure fair value using certain techniques. ASC 820 also clarifies that when estimating the fair value of an asset or liability, a reporting entity is not required to include a separate input or adjustment to other inputs relating to the existence of a restriction that prevents the transfer of an asset or liability. ASC 820 also clarifies that both a quoted price in an active market for the identical asset or liability at the measurement date and the quoted price for the identical asset or liability when traded as an asset or liability in an active market when no adjustments to the quoted price of the asset are required are Level 1 fair value measurements. Level 1 Inputs Unadjusted quoted prices in active markets for identical financial assets that the reporting entity has the ability to access at the measurement date. Level 2 Inputs Inputs other than quoted prices included in Level 1 that are observable for the financial assets or liabilities, either directly or indirectly. These might include quoted prices for similar financial assets in active markets, quoted prices for identical or similar financial assets in markets that are not active, inputs other than quoted prices that are observable for the financial assets or inputs that are derived principally from or corroborated by market data by correlation or other means. Level 3 Inputs Unobservable inputs for determining the fair value of financial assets that reflect an entity’s own assumptions about the assumptions that market participants would use in pricing the financial asset. The Trading Companies uses the following methodologies to value instruments within its financial asset portfolio at fair value: Trading Securities. Swap Contracts. Investments in Private Investment Companies The following table summarizes the instruments that comprise the Trading Companies financial asset portfolio measured at fair value on a recurring basis as of December 31, 2017 and 2016, segregated by the level of valuation inputs within the fair value hierarchy utilized to measure fair value: Total December 31, 2017 Level 1 Inputs Level 2 Inputs Level 3 Inputs Fair Value Frontier Trading Company I LLC Open Trade Equity (Deficit) $ 144,983 $ 33,569 $ — $ 178,552 Frontier Trading Company II LLC Open Trade Equity (Deficit) 1,000,957 388,905 — 1,389,862 Frontier Trading Company XXXIV, LLC Swap Contracts — — 11,340,959 11,340,959 Frontier Trading Company XXXV, LLC Swap Contracts — — 6,376,472 6,376,472 Frontier Trading Company XXXVII, LLC Swap Contracts — — 397,039 397,039 Frontier Trading Company XXXIX, LLC Swap Contracts — — 3,094,367 3,094,367 Frontier Trading Company XXXVIII, LLC Private Investment Companies — 2,151,869 — 2,151,869 Total December 31, 2016 Level 1 Inputs Level 2 Inputs Level 3 Inputs Fair Value Frontier Trading Company I LLC Open Trade Equity (Deficit) $ 288,647 $ (50,986 ) $ — $ 237,661 Frontier Trading Company II LLC Open Trade Equity (Deficit) 1,123,666 98,858 — 1,222,524 Frontier Trading Company XV, LLC Open Trade Equity (Deficit) 635,782 6,712 — 642,494 Frontier Trading Company XXXIV, LLC Swap Contracts — — 18,939,450 18,939,450 Frontier Trading Company XXXV, LLC Swap Contracts — — 8,637,847 8,637,847 Frontier Trading Company XXXVII, LLC Swap Contracts — — 4,220,468 4,220,468 Frontier Trading Company XXXVIII, LLC Private Investment Companies — 11,183,404 — 11,183,404 Frontier Trading Company XXXIX, LLC Swap Contracts — — 8,391,414 8,391,414 The changes in Level 3 assets measured at fair value on a recurring basis are summarized in the following tables. Swap Contract asset gains and losses (realized/unrealized) included in earnings are classified in “net realized and unrealized gain/(loss) on investments net realized and unrealized gain/(loss) on swap contracts” on the statements of operations. During the years ended December 31, 2017 and 2016, all identified level three assets were components of the Frontier Trading Company XXXIV, XXXV, XXXVII, and XXXIX. Frontier Trading Company Frontier Trading Company XXXIV LLC XXXIX, LLC For The Year Ending For The Year Ending December 31, 2017 December 31, 2017 Balance of recurring Level 3 assets as of January 1, 2017 $ 18,939,449 $ 8,391,414 Total gains or losses (realized/unrealized): Included in earnings-realized — — Included in earnings-unrealized (84,491 ) (297,047 ) Included in other comprehensive income — — Purchases, sales, issuances, and settlements, net (7,513,999 ) (5,000,000 ) Transfers in and/or out of Level 3 — — Balance of recurring Level 3 assets as of December 31, 2017 $ 11,340,959 $ 3,094,367 Frontier Trading Company Frontier Trading Company XXXV LLC XXXVII, LLC For The Year Ending For The Year Ending December 31, 2017 December 31, 2017 Balance of recurring Level 3 assets as of January 1, 2017 $ 8,637,847 $ 4,220,468 Total gains or losses (realized/unrealized): Included in earnings-realized — — Included in earnings-unrealized (47,375 ) 26,621 Included in other comprehensive income — — Purchases, sales, issuances, and settlements, net (2,214,000 ) (3,850,050 ) Transfers in and/or out of Level 3 — — Balance of recurring Level 3 assets as of December 31, 2017 $ 6,376,472 $ 397,039 Frontier Trading Company Frontier Trading Company Balance of recurring Level 3 assets as of January 1, 2016 $ 19,157,522 $ 7,960,269 Total gains or losses (realized/unrealized): Included in earnings-realized — — Included in earnings-unrealized (218,073 ) 431,145 Included in other comprehensive income — — Purchases, sales, issuances, and settlements, net — — Transfers in and/or out of Level 3 — — Balance of recurring Level 3 assets as of December 31, 2016 $ 18,939,449 $ 8,391,414 Frontier Trading Company Frontier Trading Company Balance of recurring Level 3 assets as of January 1, 2016 $ 8,685,850 $ 4,332,427 Total gains or losses (realized/unrealized): Included in earnings-realized — — Included in earnings-unrealized (48,003 ) (111,959 ) Included in other comprehensive income — — Purchases, sales, issuances, and settlements, net — — Transfers in and/or out of Level 3 — — Balance of recurring Level 3 assets as of December 31, 2016 $ 8,637,847 $ 4,220,468 The total change in unrealized appreciation (depreciation) included in the statements of operations attributable to level 3 investments still held at December 31, 2017: Frontier Trading Frontier Trading Frontier Trading Frontier Trading Company XXXV LLC Company XXXVII LLC Company XXXIV LLC Company XXXIX LLC Swaps $ (47,375 ) $ 26,621 $ (84,491 ) $ (297,047 ) The total change in unrealized appreciation (depreciation) included in the statements of operations attributable to level 3 investments still held at December 31, 2016: Frontier Trading Frontier Trading Frontier Trading Frontier Trading Company XXXV LLC Company XXXVII LLC Company XXXIV LLC Company XXXIX LLC Swaps $ (48,002 ) $ (111,960 ) $ (218,070 ) $ 431,146 The total change in unrealized appreciation (depreciation) included in the statements of operations attributable to level 3 investments still held at December 31, 2015: Frontier Trading Frontier Trading Frontier Trading Frontier Trading Company XXXV LLC Company XXXVII LLC Company XXXIV LLC Company XXXIX LLC Swaps $ 2,115,441 $ (300,633 ) $ (910,566 ) $ 419,803 The total change in unrealized appreciation (depreciation) included in the statements of operations attributable to level 3 investments still held at December 31, 2014: Frontier Trading Frontier Trading Frontier Trading Frontier Trading Company XXXV LLC Company XXXVII LLC Company XXXIV LLC Company XXXIX LLC Swaps $ 3,132,776 $ 1,176,514 $ 8,120,996 $ 2,105,281 The Trading Companies assess 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 Trading Company’s accounting policy regarding the recognition of transfers between levels of the fair value hierarchy. During the year ended December 31, 2017 and 2016, the Trust did not transfer any assets between Level 1, Level 2 or Level 3. |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | |
Fair Value Measurements | Note 3. Fair Value Measurements The Master Fund’s investments are stated at fair value in accordance with FASB ASC 820, Fair Value Measurements and Disclosures (ASC 820). ASC 820 defines fair value, establishes a framework for measuring fair value and expands disclosures about fair value measurements. ASC 820 also emphasizes that fair value is a market-based measurement, not an entity-specific measurement, and sets out a fair value hierarchy with the highest priority being quoted prices in active market. Under ASC 820, fair value measurements are disclosed by level within that hierarchy, as follows: Level 1 — Values for investments classified as Level 1 are based on unadjusted quoted prices for identical investments in an active market. Since valuations are based on quoted prices that are readily accessible at the measurement date, valuation of these investments does not entail a significant degree of judgment. Level 2 — Values for investments classified as Level 2 are based on quoted prices for similar investments in an active or non-active markets for which all significant inputs are observable either directly or indirectly. Level 2 inputs may also include discounts related to restrictions on the investments. Level 3 — Values for investments categorized as Level 3 are based on prices or valuation techniques that require inputs that are both significant to the fair value and unobservable, including valuations by the Sponsor in the absence of readily ascertainable fair values. A description of the valuation methodologies applied to the Master Fund’s major categories of assets and liabilities measured at fair value on a recurring basis follows. Inputs that are used in determining fair value of an investment may include price information, credit data, volatility statistics, and other factors. These inputs can be either observable or unobservable. All of the inputs for the Master Fund were observable as of December 31, 2017. The availability of observable inputs can vary between investments and is affected by various factors such as type of investment and the volume and level of activity for that investment or similar investments in the marketplace. Exchange-traded derivative contracts that are actively traded are valued based on daily quoted settlement prices from the respective exchange and are categorized in Level 1 of the fair value hierarchy. Exchange-traded derivative contracts not actively traded and over-the-counter (OTC) derivative contracts can include futures contracts, option on futures contracts, forward contracts and option contracts whose values are based on an underlying such as interest rates, foreign currencies, credit standing of reference entities, equities or commodities. Such derivative contracts are valued using observable market data, including currency spot rates or quoted prices of the related underlying obtained from the applicable exchange or market. OTC derivative contracts are valued using the above described pricing methodology and are categorized as Level 2 within the fair value hierarchy. The Master Fund 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 Master Fund’s accounting policy regarding the recognition of transfers between levels of the fair value hierarchy. There were no transfers among levels 1, 2, and 3 during the year ended December 31, 2017. The inputs or methodologies used for valuing investments are not necessarily indicative of the risk associated with investing in those instruments. The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2017. Presentation is gross – as an asset if in a gain position and a liability if in a loss position. Fair Value Measurements at Reporting Date Using Quoted Prices Significant Other Significant in Active Observable Unobservable Markets Inputs Description Fair Value (Level 1) (Level 2) (Level 3) Assets: Derivative contracts: Futures contracts: Agriculture $ 18,558 $ 18,558 $ — $ — Currency 69,854 69,854 — — Energy 75,976 75,976 — — Index 75,733 75,733 — — Interest 44,154 44,154 — — Metals 50,656 50,656 — — Total investment assets at fair value 334,931 334,931 — — Liabilities: Derivative contracts: Futures contracts: Agriculture (8,635 ) (8,635 ) — — Currency (107,453 ) (107,453 ) — — Energy (17,250 ) (17,250 ) — — Index (19,472 ) (19,472 ) — — Interest (90,404 ) (90,404 ) — — Metals (22,154 ) (22,154 ) — — Total investment liabilities at fair value (265,368 ) (265,368 ) — — Total net investment at fair value $ 69,563 $ 69,563 $ — $ — |
Galaxy Plus Fund - Chesapeake Master Fund (518) LLC [Member] | |
Fair Value Measurements | Note 3. Fair Value Measurements The Master Fund’s investments are stated at fair value in accordance with FASB ASC 820, Fair Value Measurements and Disclosures (ASC 820). ASC 820 defines fair value, establishes a framework for measuring fair value and expands disclosures about fair value measurements. ASC 820 also emphasizes that fair value is a market-based measurement, not an entity-specific measurement, and sets out a fair value hierarchy with the highest priority being quoted prices in active market. Under ASC 820, fair value measurements are disclosed by level within that hierarchy, as follows: Level 1 — Values for investments classified as Level 1 are based on unadjusted quoted prices for identical investments in an active market. Since valuations are based on quoted prices that are readily accessible at the measurement date, valuation of these investments does not entail a significant degree of judgment. Level 2 — Values for investments classified as Level 2 are based on quoted prices for similar investments in an active or non-active markets for which all significant inputs are observable either directly or indirectly. Level 2 inputs may also include discounts related to restrictions on the investments. Level 3 — Values for investments categorized as Level 3 are based on prices or valuation techniques that require inputs that are both significant to the fair value and unobservable, including valuations by the Sponsor in the absence of readily ascertainable fair values. A description of the valuation methodologies applied to the Master Fund’s major categories of assets and liabilities measured at fair value on a recurring basis follows. Inputs that are used in determining fair value of an investment may include price information, credit data, volatility statistics, and other factors. These inputs can be either observable or unobservable. All of the inputs for the Master Fund were observable as of December 31, 2017. The availability of observable inputs can vary between investments and is affected by various factors such as type of investment and the volume and level of activity for that investment or similar investments in the marketplace. Exchange-traded derivative contracts that are actively traded are valued based on daily quoted settlement prices from the respective exchange and are categorized in Level 1 of the fair value hierarchy. Exchange-traded derivative contracts not actively traded and over-the-counter (OTC) derivative contracts can include futures contracts, option on futures contracts, forward contracts and option contracts whose values are based on an underlying such as interest rates, foreign currencies, credit standing of reference entities, equities or commodities. Such derivative contracts are valued using observable market data, including currency spot rates or quoted prices of the related underlying obtained from the applicable exchange or market. OTC derivative contracts are valued using the above described pricing methodology and are categorized as Level 2 within the fair value hierarchy. The Master Fund 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 Master Fund’s accounting policy regarding the recognition of transfers between levels of the fair value hierarchy. There were no transfers among levels 1, 2, and 3 during the year ended December 31, 2017. The inputs or methodologies used for valuing investments are not necessarily indicative of the risk associated with investing in those instruments. At December 31, 2017, the Master Fund held no investments. |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | |
Fair Value Measurements | Note 3. Fair Value Measurements The Master Fund’s investments are stated at fair value in accordance with FASB ASC 820, Fair Value Measurements and Disclosures (ASC 820). ASC 820 defines fair value, establishes a framework for measuring fair value and expands disclosures about fair value measurements. ASC 820 also emphasizes that fair value is a market-based measurement, not an entity-specific measurement, and sets out a fair value hierarchy with the highest priority being quoted prices in active market. Under ASC 820, fair value measurements are disclosed by level within that hierarchy, as follows: Level 1 — Values for investments classified as Level 1 are based on unadjusted quoted prices for identical investments in an active market. Since valuations are based on quoted prices that are readily accessible at the measurement date, valuation of these investments does not entail a significant degree of judgment. Level 2 — Values for investments classified as Level 2 are based on quoted prices for similar investments in an active or non-active markets for which all significant inputs are observable either directly or indirectly. Level 2 inputs may also include discounts related to restrictions on the investments. Level 3 — Values for investments categorized as Level 3 are based on prices or valuation techniques that require inputs that are both significant to the fair value and unobservable, including valuations by the Sponsor in the absence of readily ascertainable fair values. A description of the valuation methodologies applied to the Master Fund’s major categories of assets and liabilities measured at fair value on a recurring basis follows. Inputs that are used in determining fair value of an investment may include price information, credit data, volatility statistics, and other factors. These inputs can be either observable or unobservable. All of the inputs for the Master Fund were observable as of December 31, 2017. The availability of observable inputs can vary between investments and is affected by various factors such as type of investment and the volume and level of activity for that investment or similar investments in the marketplace. Exchange-traded derivative contracts that are actively traded are valued based on daily quoted settlement prices from the respective exchange and are categorized in Level 1 of the fair value hierarchy. Exchange-traded derivative contracts not actively traded and over-the-counter (OTC) derivative contracts can include futures contracts, option on futures contracts, forward contracts and option contracts whose values are based on an underlying such as interest rates, foreign currencies, credit standing of reference entities, equities or commodities. Such derivative contracts are valued using observable market data, including currency spot rates or quoted prices of the related underlying obtained from the applicable exchange or market. OTC derivative contracts are valued using the above described pricing methodology and are categorized as Level 2 within the fair value hierarchy. The Master Fund 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 Master Fund’s accounting policy regarding the recognition of transfers between levels of the fair value hierarchy. There were no transfers among levels 1, 2, and 3 during the year ended December 31, 2017. The inputs or methodologies used for valuing investments are not necessarily indicative of the risk associated with investing in those instruments. The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2017. Presentation is gross – as an asset if in a gain position and a liability if in a loss position. Fair Value Measurements at Reporting Date Using Quoted Prices Significant Other Significant in Active Observable Unobservable Markets Inputs Inputs Description Fair Value (Level 1) (Level 2) (Level 3) Assets: Derivative contracts: Options purchased on futures contracts: Index $ 35,498 $ 35,498 $ — $ — Futures contracts: Index 1,163 1,163 — — Total investment assets at fair value 36,661 36,661 — — Liabilities: Derivative contracts: Options written on futures contracts: Index (48,050 ) (48,050 ) — — Futures contracts: Index (425 ) (425 ) — — Total investment liabilities at fair value (48,475 ) (48,475 ) — — Total net investment at fair value $ (11,814 ) $ (11,814 ) $ — $ — |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | |
Fair Value Measurements | Note 3. Fair Value Measurements The Master Fund’s investments are stated at fair value in accordance with FASB ASC 820, Fair Value Measurements and Disclosures (ASC 820). ASC 820 defines fair value, establishes a framework for measuring fair value and expands disclosures about fair value measurements. ASC 820 also emphasizes that fair value is a market-based measurement, not an entity-specific measurement, and sets out a fair value hierarchy with the highest priority being quoted prices in active market. Under ASC 820, fair value measurements are disclosed by level within that hierarchy, as follows: Level 1 — Values for investments classified as Level 1 are based on unadjusted quoted prices for identical investments in an active market. Since valuations are based on quoted prices that are readily accessible at the measurement date, valuation of these investments does not entail a significant degree of judgment. Level 2 — Values for investments classified as Level 2 are based on quoted prices for similar investments in an active or non-active markets for which all significant inputs are observable either directly or indirectly. Level 2 inputs may also include discounts related to restrictions on the investments. Level 3 — Values for investments categorized as Level 3 are based on prices or valuation techniques that require inputs that are both significant to the fair value and unobservable, including valuations by the Sponsor in the absence of readily ascertainable fair values. A description of the valuation methodologies applied to the Master Fund’s major categories of assets and liabilities measured at fair value on a recurring basis follows. Inputs that are used in determining fair value of an investment may include price information, credit data, volatility statistics, and other factors. These inputs can be either observable or unobservable. All of the inputs for the Master Fund were observable as of December 31, 2017. The availability of observable inputs can vary between investments and is affected by various factors such as type of investment and the volume and level of activity for that investment or similar investments in the marketplace. Exchange-traded derivative contracts that are actively traded are valued based on daily quoted settlement prices from the respective exchange and are categorized in Level 1 of the fair value hierarchy. Exchange-traded derivative contracts not actively traded and over-the-counter (OTC) derivative contracts can include futures contracts, option on futures contracts, forward contracts and option contracts whose values are based on an underlying such as interest rates, foreign currencies, credit standing of reference entities, equities or commodities. Such derivative contracts are valued using observable market data, including currency spot rates or quoted prices of the related underlying obtained from the applicable exchange or market. OTC derivative contracts are valued using the above described pricing methodology and are categorized as Level 2 within the fair value hierarchy. The Master Fund 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 Master Fund’s accounting policy regarding the recognition of transfers between levels of the fair value hierarchy. There were no transfers among levels 1, 2, and 3 during the year ended December 31, 2017. The inputs or methodologies used for valuing investments are not necessarily indicative of the risk associated with investing in those instruments. The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2017. Presentation is gross – as an asset if in a gain position and a liability if in a loss position. Fair Value Measurements at Reporting Date Using Quoted Prices Significant Other Significant in Active Observable Unobservable Markets Inputs Inputs Description Fair Value (Level 1) (Level 2) (Level 3) Assets: Derivative contracts: Options purchased on futures contracts: Energy $ 627,540 $ 627,540 $ — $ — Futures contracts: Agriculture 494,800 494,800 — — Energy 9,670,598 9,670,598 — — Interest 38,267 38,267 — — Metals 209,082 209,082 — — Total investment assets at fair value 11,040,287 11,040,287 — — Liabilities: Derivative contracts: Options sold on futures contracts: Energy (410,400 ) (410,400 ) — — Futures contracts: Agriculture (143,859 ) (143,859 ) — — Energy (7,226,483 ) (7,226,483 ) — — Interest (66,030 ) (66,030 ) — — Metals (343,375 ) (343,375 ) — — Total investment liabilities at fair value (8,190,147 ) (8,190,147 ) — — Total net investment at fair value $ 2,850,140 $ 2,850,140 $ — $ — |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | |
Fair Value Measurements | Note 3. Fair Value Measurements The Master Fund’s investments are stated at fair value in accordance with FASB ASC 820, Fair Value Measurements and Disclosures (ASC 820). ASC 820 defines fair value, establishes a framework for measuring fair value and expands disclosures about fair value measurements. ASC 820 also emphasizes that fair value is a market-based measurement, not an entity-specific measurement, and sets out a fair value hierarchy with the highest priority being quoted prices in active market. Under ASC 820, fair value measurements are disclosed by level within that hierarchy, as follows: Level 1 — Values for investments classified as Level 1 are based on unadjusted quoted prices for identical investments in an active market. Since valuations are based on quoted prices that are readily accessible at the measurement date, valuation of these investments does not entail a significant degree of judgment. Level 2 — Values for investments classified as Level 2 are based on quoted prices for similar investments in an active or non-active markets for which all significant inputs are observable either directly or indirectly. Level 2 inputs may also include discounts related to restrictions on the investments. Level 3 — Values for investments categorized as Level 3 are based on prices or valuation techniques that require inputs that are both significant to the fair value and unobservable, including valuations by the Sponsor in the absence of readily ascertainable fair values. A description of the valuation methodologies applied to the Master Fund’s major categories of assets and liabilities measured at fair value on a recurring basis follows. Inputs that are used in determining fair value of an investment may include price information, credit data, volatility statistics, and other factors. These inputs can be either observable or unobservable. All of the inputs for the Master Fund were observable as of December 31, 2017. The availability of observable inputs can vary between investments and is affected by various factors such as type of investment and the volume and level of activity for that investment or similar investments in the marketplace. Exchange-traded derivative contracts that are actively traded are valued based on daily quoted settlement prices from the respective exchange and are categorized in Level 1 of the fair value hierarchy. Exchange-traded derivative contracts not actively traded and over-the-counter (OTC) derivative contracts can include futures contracts, option on futures contracts, forward contracts and option contracts whose values are based on an underlying such as interest rates, foreign currencies, credit standing of reference entities, equities or commodities. Such derivative contracts are valued using observable market data, including currency spot rates or quoted prices of the related underlying obtained from the applicable exchange or market. OTC derivative contracts are valued using the above described pricing methodology and are categorized as Level 2 within the fair value hierarchy. The Master Fund 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 Master Fund’s accounting policy regarding the recognition of transfers between levels of the fair value hierarchy. There were no transfers among levels 1, 2, and 3 during the year ended December 31, 2017. The inputs or methodologies used for valuing investments are not necessarily indicative of the risk associated with investing in those instruments. The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2017. Presentation is gross – as an asset if in a gain position and a liability if in a loss position. Fair Value Measurements at Reporting Date Using Quoted Prices Significant Other Significant in Active Observable Unobservable Markets Inputs Inputs Description Fair Value (Level 1) (Level 2) (Level 3) Assets: Derivative contracts: Futures contracts: Currency $ 70,979 $ 70,979 $ — $ — Energy 82,241 82,241 — — Index 123,199 123,199 — — Interest 74,389 74,389 — — Metals 14,913 14,913 — — Total investment assets at fair value 365,721 365,721 — — Liabilities: Derivative contracts: Futures contracts: Currency (70,327 ) (70,327 ) — — Energy (52,190 ) (52,190 ) — — Index (56,257 ) (56,257 ) — — Interest (129,275 ) (129,275 ) — — Total investment liabilities at fair value (308,049 ) (308,049 ) — — Total net investment at fair value $ 57,672 $ 57,672 $ — $ — |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | |
Fair Value Measurements | Note 3. Fair Value Measurements The Master Fund’s investments are stated at fair value in accordance with FASB ASC 820, Fair Value Measurements and Disclosures (ASC 820). ASC 820 defines fair value, establishes a framework for measuring fair value and expands disclosures about fair value measurements. ASC 820 also emphasizes that fair value is a market-based measurement, not an entity-specific measurement, and sets out a fair value hierarchy with the highest priority being quoted prices in active market. Under ASC 820, fair value measurements are disclosed by level within that hierarchy, as follows: Level 1 — Values for investments classified as Level 1 are based on unadjusted quoted prices for identical investments in an active market. Since valuations are based on quoted prices that are readily accessible at the measurement date, valuation of these investments does not entail a significant degree of judgment. Level 2 — Values for investments classified as Level 2 are based on quoted prices for similar investments in an active or non-active markets for which all significant inputs are observable either directly or indirectly. Level 2 inputs may also include discounts related to restrictions on the investments. Level 3 — Values for investments categorized as Level 3 are based on prices or valuation techniques that require inputs that are both significant to the fair value and unobservable, including valuations by the Sponsor in the absence of readily ascertainable fair values. A description of the valuation methodologies applied to the Master Fund’s major categories of assets and liabilities measured at fair value on a recurring basis follows. Inputs that are used in determining fair value of an investment may include price information, credit data, volatility statistics, and other factors. These inputs can be either observable or unobservable. All of the inputs for the Master Fund were observable as of December 31, 2017. The availability of observable inputs can vary between investments and is affected by various factors such as type of investment and the volume and level of activity for that investment or similar investments in the marketplace. Exchange-traded derivative contracts that are actively traded are valued based on daily quoted settlement prices from the respective exchange and are categorized in Level 1 of the fair value hierarchy. Exchange-traded derivative contracts not actively traded and over-the-counter (OTC) derivative contracts can include futures contracts, option on futures contracts, forward contracts and option contracts whose values are based on an underlying such as interest rates, foreign currencies, credit standing of reference entities, equities or commodities. Such derivative contracts are valued using observable market data, including currency spot rates or quoted prices of the related underlying obtained from the applicable exchange or market. OTC derivative contracts are valued using the above described pricing methodology and are categorized as Level 2 within the fair value hierarchy. The Master Fund 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 Master Fund’s accounting policy regarding the recognition of transfers between levels of the fair value hierarchy. There were no transfers among levels 1, 2, and 3 during the year ended December 31, 2017. The inputs or methodologies used for valuing investments are not necessarily indicative of the risk associated with investing in those instruments. The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2017. Presentation is gross – as an asset if in a gain position and a liability if in a loss position. Fair Value Measurements at Reporting Date Using Quoted Prices Significant Other Significant in Active Observable Unobservable Markets Inputs Inputs Description Fair Value (Level 1) (Level 2) (Level 3) Assets: Derivative contracts: Futures contracts: Agriculture 63,304 63,304 — — Currency 2,084 2,084 — — Energy 38,281 38,281 — — Interest 35,438 35,438 — — Metals 50,430 50,430 — — Total investment assets at fair value 189,537 189,537 — — Liabilities: Derivative contracts: Options written on futures contracts: Agriculture (28,000 ) (28,000) — — Futures contracts: Agriculture (12,426 ) (12,426) — — Currency (1,400 ) (1,400) — — Energy (3,550 ) (3,550) — — Interest (9,813 ) (9,813) — — Metals (6 ) (6) — — Total investment liabilities at fair value (55,195 ) (55,195) — — Total net investment at fair value $ 134,342 $134,342 $ — $ — |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | |
Fair Value Measurements | Note 3. Fair Value Measurements The Master Fund’s investments are stated at fair value in accordance with FASB ASC 820, Fair Value Measurements and Disclosures (ASC 820). ASC 820 defines fair value, establishes a framework for measuring fair value and expands disclosures about fair value measurements. ASC 820 also emphasizes that fair value is a market-based measurement, not an entity-specific measurement, and sets out a fair value hierarchy with the highest priority being quoted prices in active market. Under ASC 820, fair value measurements are disclosed by level within that hierarchy, as follows: Level 1 — Values for investments classified as Level 1 are based on unadjusted quoted prices for identical investments in an active market. Since valuations are based on quoted prices that are readily accessible at the measurement date, valuation of these investments does not entail a significant degree of judgment. Level 2 — Values for investments classified as Level 2 are based on quoted prices for similar investments in an active or non-active markets for which all significant inputs are observable either directly or indirectly. Level 2 inputs may also include discounts related to restrictions on the investments. Level 3 — Values for investments categorized as Level 3 are based on prices or valuation techniques that require inputs that are both significant to the fair value and unobservable, including valuations by the Sponsor in the absence of readily ascertainable fair values. A description of the valuation methodologies applied to the Master Fund’s major categories of assets and liabilities measured at fair value on a recurring basis follows. Inputs that are used in determining fair value of an investment may include price information, credit data, volatility statistics, and other factors. These inputs can be either observable or unobservable. All of the inputs for the Master Fund were observable as of December 31, 2017. The availability of observable inputs can vary between investments and is affected by various factors such as type of investment and the volume and level of activity for that investment or similar investments in the marketplace. Exchange-traded derivative contracts that are actively traded are valued based on daily quoted settlement prices from the respective exchange and are categorized in Level 1 of the fair value hierarchy. Exchange-traded derivative contracts not actively traded and over-the-counter (OTC) derivative contracts can include futures contracts, option on futures contracts, forward contracts and option contracts whose values are based on an underlying such as interest rates, foreign currencies, credit standing of reference entities, equities or commodities. Such derivative contracts are valued using observable market data, including currency spot rates or quoted prices of the related underlying obtained from the applicable exchange or market. OTC derivative contracts are valued using the above described pricing methodology and are categorized as Level 2 within the fair value hierarchy. The Master Fund 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 Master Fund’s accounting policy regarding the recognition of transfers between levels of the fair value hierarchy. There were no transfers among levels 1, 2, and 3 during the year ended December 31, 2017. The inputs or methodologies used for valuing investments are not necessarily indicative of the risk associated with investing in those instruments. The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2017. Presentation is gross – as an asset if in a gain position and a liability if in a loss position. Fair Value Measurements at Reporting Date Using Quoted Prices Significant Other Significant in Active Observable Unobservable Markets Inputs Inputs Description Fair Value (Level 1) (Level 2) (Level 3) Assets: Derivative contracts: Futures contracts: Currency $ 125,917 $ 125,917 $ — $ — Index 68,400 68,400 — — Interest 134,907 134,907 — — Metals 414,181 414,181 — — Total investment assets at fair value 743,405 743,405 — — Liabilities: Derivative contracts: Futures contracts: Currency (17,741 ) (17,741 ) — — Energy (60,201 ) (60,201 ) — — Index (33,660 ) (33,660 ) — — Interest (89,572 ) (89,572 ) — — Total investment liabilities at fair value (201,174 ) (201,174 ) — — Total net investment at fair value $ 542,231 $ 542,231 $ — $ — |
Galaxy Plus Fund - Quantmetrics Master Fund (527) LLC [Member] | |
Fair Value Measurements | Note 3. Fair Value Measurements The Master Fund’s investments are stated at fair value in accordance with FASB ASC 820, Fair Value Measurements and Disclosures (ASC 820). ASC 820 defines fair value, establishes a framework for measuring fair value and expands disclosures about fair value measurements. ASC 820 also emphasizes that fair value is a market-based measurement, not an entity-specific measurement, and sets out a fair value hierarchy with the highest priority being quoted prices in active market. Under ASC 820, fair value measurements are disclosed by level within that hierarchy, as follows: Level 1 — Values for investments classified as Level 1 are based on unadjusted quoted prices for identical investments in an active market. Since valuations are based on quoted prices that are readily accessible at the measurement date, valuation of these investments does not entail a significant degree of judgment. Level 2 — Values for investments classified as Level 2 are based on quoted prices for similar investments in an active or non-active markets for which all significant inputs are observable either directly or indirectly. Level 2 inputs may also include discounts related to restrictions on the investments. Level 3 — Values for investments categorized as Level 3 are based on prices or valuation techniques that require inputs that are both significant to the fair value and unobservable, including valuations by the Sponsor in the absence of readily ascertainable fair values. A description of the valuation methodologies applied to the Master Fund’s major categories of assets and liabilities measured at fair value on a recurring basis follows. Inputs that are used in determining fair value of an investment may include price information, credit data, volatility statistics, and other factors. These inputs can be either observable or unobservable. The availability of observable inputs can vary between investments and is affected by various factors such as type of investment and the volume and level of activity for that investment or similar investments in the marketplace. Exchange-traded derivative contracts that are actively traded are valued based on daily quoted settlement prices from the respective exchange and are categorized in Level 1 of the fair value hierarchy. Exchange-traded derivative contracts not actively traded and over-the-counter (OTC) derivative contracts can include futures contracts, option on futures contracts, forward contracts and option contracts whose values are based on an underlying such as interest rates, foreign currencies, credit standing of reference entities, equities or commodities. Such derivative contracts are valued using observable market data, including currency spot rates or quoted prices of the related underlying obtained from the applicable exchange or market. OTC derivative contracts are valued using the above described pricing methodology and are categorized as Level 2 within the fair value hierarchy. The Master Fund 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 Master Fund’s accounting policy regarding the recognition of transfers between levels of the fair value hierarchy. There were no transfers among levels 1, 2, and 3 during the year ended December 31, 2017. The inputs or methodologies used for valuing investments are not necessarily indicative of the risk associated with investing in those instruments. At December 31, 2017, the Master Fund had held no investments. |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | |
Fair Value Measurements | Note 3. Fair Value Measurements The Master Fund’s investments are stated at fair value in accordance with FASB ASC 820, Fair Value Measurements and Disclosures (ASC 820). ASC 820 defines fair value, establishes a framework for measuring fair value and expands disclosures about fair value measurements. ASC 820 also emphasizes that fair value is a market-based measurement, not an entity-specific measurement, and sets out a fair value hierarchy with the highest priority being quoted prices in active market. Under ASC 820, fair value measurements are disclosed by level within that hierarchy, as follows: Level 1 — Values for investments classified as Level 1 are based on unadjusted quoted prices for identical investments in an active market. Since valuations are based on quoted prices that are readily accessible at the measurement date, valuation of these investments does not entail a significant degree of judgment. Level 2 — Values for investments classified as Level 2 are based on quoted prices for similar investments in an active or non-active markets for which all significant inputs are observable either directly or indirectly. Level 2 inputs may also include discounts related to restrictions on the investments. Level 3 — Values for investments categorized as Level 3 are based on prices or valuation techniques that require inputs that are both significant to the fair value and unobservable, including valuations by the Sponsor in the absence of readily ascertainable fair values. A description of the valuation methodologies applied to the Master Fund’s major categories of assets and liabilities measured at fair value on a recurring basis follows. Inputs that are used in determining fair value of an investment may include price information, credit data, volatility statistics, and other factors. These inputs can be either observable or unobservable. All of the inputs for the Master Fund were observable as of December 31, 2017. The availability of observable inputs can vary between investments and is affected by various factors such as type of investment and the volume and level of activity for that investment or similar investments in the marketplace. Exchange-traded derivative contracts that are actively traded are valued based on daily quoted settlement prices from the respective exchange and are categorized in Level 1 of the fair value hierarchy. Exchange-traded derivative contracts not actively traded and over-the-counter (OTC) derivative contracts can include futures contracts, option on futures contracts, forward contracts and option contracts whose values are based on an underlying such as interest rates, foreign currencies, credit standing of reference entities, equities or commodities. Such derivative contracts are valued using observable market data, including currency spot rates or quoted prices of the related underlying obtained from the applicable exchange or market. OTC derivative contracts are valued using the above described pricing methodology and are categorized as Level 2 within the fair value hierarchy. The Master Fund 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 Master Fund’s accounting policy regarding the recognition of transfers between levels of the fair value hierarchy. There were no transfers among levels 1, 2, and 3 during the year ended December 31, 2017. The inputs or methodologies used for valuing investments are not necessarily indicative of the risk associated with investing in those instruments. The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2017. Presentation is gross – as an asset if in a gain position and a liability if in a loss position. Fair Value Measurements at Reporting Date Using Quoted Prices Significant Other Significant in Active Observable Unobservable Markets Inputs Inputs Description Fair Value (Level 1) (Level 2) (Level 3) Assets: Derivative contracts: Futures contracts: Agriculture $ 6,466 $ 6,466 $ — $ — Currency 25,466 25,466 — — Energy 27,089 27,089 — — Index 17,763 17,763 — — Interest 18,400 18,400 — — Metals 15,185 15,185 — — Total investment assets at fair value 110,369 110,369 — — Liabilities: Derivative contracts: Futures contracts: Agriculture (1,073 ) (1,073 ) — — Currency (5,363 ) (5,363 ) — — Energy (22,400 ) (22,400 ) — — Index (5,539 ) (5,539 ) — — Interest (8,529 ) (8,529 ) — — Total investment liabilities at fair value (42,904 ) (42,904 ) — — Total net investment at fair value $ 67,465 $ 67,465 $ — $ — |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | |
Fair Value Measurements | Note 3. Fair Value Measurements The Master Fund’s investments are stated at fair value in accordance with FASB ASC 820, Fair Value Measurements and Disclosures (ASC 820). ASC 820 defines fair value, establishes a framework for measuring fair value and expands disclosures about fair value measurements. ASC 820 also emphasizes that fair value is a market-based measurement, not an entity-specific measurement, and sets out a fair value hierarchy with the highest priority being quoted prices in active market. Under ASC 820, fair value measurements are disclosed by level within that hierarchy, as follows: Level 1 — Values for investments classified as Level 1 are based on unadjusted quoted prices for identical investments in an active market. Since valuations are based on quoted prices that are readily accessible at the measurement date, valuation of these investments does not entail a significant degree of judgment. Level 2 — Values for investments classified as Level 2 are based on quoted prices for similar investments in an active or non-active markets for which all significant inputs are observable either directly or indirectly. Level 2 inputs may also include discounts related to restrictions on the investments. Level 3 — Values for investments categorized as Level 3 are based on prices or valuation techniques that require inputs that are both significant to the fair value and unobservable, including valuations by the Sponsor in the absence of readily ascertainable fair values. A description of the valuation methodologies applied to the Master Fund’s major categories of assets and liabilities measured at fair value on a recurring basis follows. Inputs that are used in determining fair value of an investment may include price information, credit data, volatility statistics, and other factors. These inputs can be either observable or unobservable. All of the inputs for the Master Fund were observable as of December 31, 2017. The availability of observable inputs can vary between investments and is affected by various factors such as type of investment and the volume and level of activity for that investment or similar investments in the marketplace. Exchange-traded derivative contracts that are actively traded are valued based on daily quoted settlement prices from the respective exchange and are categorized in Level 1 of the fair value hierarchy. Exchange-traded derivative contracts not actively traded and over-the-counter (OTC) derivative contracts can include futures contracts, option on futures contracts, forward contracts and option contracts whose values are based on an underlying such as interest rates, foreign currencies, credit standing of reference entities, equities or commodities. Such derivative contracts are valued using observable market data, including currency spot rates or quoted prices of the related underlying obtained from the applicable exchange or market. OTC derivative contracts are valued using the above described pricing methodology and are categorized as Level 2 within the fair value hierarchy. The Master Fund 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 Master Fund’s accounting policy regarding the recognition of transfers between levels of the fair value hierarchy. There were no transfers among levels 1, 2, and 3 during the year ended December 31, 2017. The inputs or methodologies used for valuing investments are not necessarily indicative of the risk associated with investing in those instruments. The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2017. Presentation is gross – as an asset if in a gain position and a liability if in a loss position. Fair Value Measurements at Reporting Date Using Quoted Prices Significant Other Significant in Active Observable Unobservable Markets Inputs Inputs Description Fair Value (Level 1) (Level 2) (Level 3) Assets: Derivative contracts: Futures contracts: Agriculture $ 1,865 $ 1,865 $ — $ — Currency 12,765 12,765 — — Energy 11,880 11,880 — — Index 21,773 21,773 — — Interest 46,478 46,478 — — Metals 8,450 8,450 — — Total investment assets at fair value 103,211 103,211 — — Liabilities: Derivative contracts: Futures contracts: Agriculture (1,150 ) (1,150 ) — — Currency (12,654 ) (12,654 ) — — Index (14,328 ) (14,328 ) — — Interest (15,409 ) (15,409 ) — — Metals (10,625 ) (10,625 ) — — Total investment liabilities at fair value (54,166 ) (54,166 ) — — Total net investment at fair value $ 49,045 $ 49,045 $ — $ — |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | |
Fair Value Measurements | Note 3. Fair Value Measurements The Master Fund’s investments are stated at fair value in accordance with FASB ASC 820, Fair Value Measurements and Disclosures (ASC 820). ASC 820 defines fair value, establishes a framework for measuring fair value and expands disclosures about fair value measurements. ASC 820 also emphasizes that fair value is a market-based measurement, not an entity-specific measurement, and sets out a fair value hierarchy with the highest priority being quoted prices in active market. Under ASC 820, fair value measurements are disclosed by level within that hierarchy, as follows: Level 1 — Values for investments classified as Level 1 are based on unadjusted quoted prices for identical investments in an active market. Since valuations are based on quoted prices that are readily accessible at the measurement date, valuation of these investments does not entail a significant degree of judgment. Level 2 — Values for investments classified as Level 2 are based on quoted prices for similar investments in an active or non-active markets for which all significant inputs are observable either directly or indirectly. Level 2 inputs may also include discounts related to restrictions on the investments. Level 3 — Values for investments categorized as Level 3 are based on prices or valuation techniques that require inputs that are both significant to the fair value and unobservable, including valuations by the Sponsor in the absence of readily ascertainable fair values. A description of the valuation methodologies applied to the Master Fund’s major categories of assets and liabilities measured at fair value on a recurring basis follows. Inputs that are used in determining fair value of an investment may include price information, credit data, volatility statistics, and other factors. These inputs can be either observable or unobservable. All of the inputs for the Master Fund were observable as of December 31, 2017. The availability of observable inputs can vary between investments and is affected by various factors such as type of investment and the volume and level of activity for that investment or similar investments in the marketplace. Exchange-traded derivative contracts that are actively traded are valued based on daily quoted settlement prices from the respective exchange and are categorized in Level 1 of the fair value hierarchy. Exchange-traded derivative contracts not actively traded and over-the-counter (OTC) derivative contracts can include futures contracts, option on futures contracts, forward contracts and option contracts whose values are based on an underlying such as interest rates, foreign currencies, credit standing of reference entities, equities or commodities. Such derivative contracts are valued using observable market data, including currency spot rates or quoted prices of the related underlying obtained from the applicable exchange or market. OTC derivative contracts are valued using the above described pricing methodology and are categorized as Level 2 within the fair value hierarchy. The Master Fund 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 Master Fund’s accounting policy regarding the recognition of transfers between levels of the fair value hierarchy. There were no transfers among levels 1, 2, and 3 during the period ended December 31, 2017. The inputs or methodologies used for valuing investments are not necessarily indicative of the risk associated with investing in those instruments. The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2017. Presentation is gross – as an asset if in a gain position and a liability if in a loss position. Fair Value Measurements at Reporting Date Using Quoted Prices Significant Other Significant in Active Observable Unobservable Markets Inputs Inputs Description Fair Value (Level 1) (Level 2) (Level 3) Assets: Derivative contracts: Futures contracts: Agriculture $ 157,970 $ 157,970 $ — $ — Currency 292,918 292,918 — — Energy 420,953 420,953 — — Index 170,615 170,615 — — Interest 159,437 159,437 — — Metals 204,107 204,107 — — Total investment assets at fair value 1,406,000 1,406,000 — — Liabilities: Derivative contracts: Futures contracts: Agriculture (68,778 ) (68,778 ) — — Currency (106,688 ) (106,688 ) — — Energy (64,825 ) (64,825 ) — — Index (94,916 ) (94,916 ) — — Interest (313,287 ) (313,287 ) — — Metals (192,512 ) (192,512 ) — — Total investment liabilities at fair value (841,006 ) (841,006 ) — — Total net investment at fair value $ 564,994 $ 564,994 $ — $ — |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | |
Fair Value Measurements | Note 3. Fair Value Measurements The Master Fund’s investments are stated at fair value in accordance with FASB ASC 820, Fair Value Measurements and Disclosures (ASC 820). ASC 820 defines fair value, establishes a framework for measuring fair value and expands disclosures about fair value measurements. ASC 820 also emphasizes that fair value is a market-based measurement, not an entity-specific measurement, and sets out a fair value hierarchy with the highest priority being quoted prices in active market. Under ASC 820, fair value measurements are disclosed by level within that hierarchy, as follows: Level 1 — Values for investments classified as Level 1 are based on unadjusted quoted prices for identical investments in an active market. Since valuations are based on quoted prices that are readily accessible at the measurement date, valuation of these investments does not entail a significant degree of judgment. Level 2 — Values for investments classified as Level 2 are based on quoted prices for similar investments in an active or non-active markets for which all significant inputs are observable either directly or indirectly. Level 2 inputs may also include discounts related to restrictions on the investments. Level 3 — Values for investments categorized as Level 3 are based on prices or valuation techniques that require inputs that are both significant to the fair value and unobservable, including valuations by the Sponsor in the absence of readily ascertainable fair values. A description of the valuation methodologies applied to the Master Fund’s major categories of assets and liabilities measured at fair value on a recurring basis follows. Inputs that are used in determining fair value of an investment may include price information, credit data, volatility statistics, and other factors. These inputs can be either observable or unobservable. All of the inputs for the Master Fund were observable as of December 31, 2017. The availability of observable inputs can vary between investments and is affected by various factors such as type of investment and the volume and level of activity for that investment or similar investments in the marketplace. Exchange-traded derivative contracts that are actively traded are valued based on daily quoted settlement prices from the respective exchange and are categorized in Level 1 of the fair value hierarchy. Exchange-traded derivative contracts not actively traded and over-the-counter (OTC) derivative contracts can include futures contracts, option on futures contracts, forward contracts and option contracts whose values are based on an underlying such as interest rates, foreign currencies, credit standing of reference entities, equities or commodities. Such derivative contracts are valued using observable market data, including currency spot rates or quoted prices of the related underlying obtained from the applicable exchange or market. OTC derivative contracts are valued using the above described pricing methodology and are categorized as Level 2 within the fair value hierarchy. The Master Fund 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 Master Fund’s accounting policy regarding the recognition of transfers between levels of the fair value hierarchy. There were no transfers among levels 1, 2, and 3 during the period ended December 31, 2017. The inputs or methodologies used for valuing investments are not necessarily indicative of the risk associated with investing in those instruments. The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2017. Presentation is gross – as an asset if in a gain position and a liability if in a loss position. Fair Value Measurements at Reporting Date Using Quoted Prices Significant Other Significant in Active Observable Unobservable Markets Inputs Inputs Description Fair Value (Level 1) (Level 2) (Level 3) Assets: Derivative contracts: Futures contracts: Agriculture $ 413,757 $ 413,757 $ — $ — Currency 270,705 270,705 — — Energy 1,325,680 1,325,680 — — Index 320,086 320,086 — — Interest 61,129 61,129 — — Metals 779,597 779,597 — — Total investment assets at fair value 3,170,954 3,170,954 — — Liabilities: Derivative contracts: Futures contracts: Agriculture (326,750 ) (326,750 ) — — Currency (46,774 ) (46,774 ) — — Energy (770,482 ) (770,482 ) — — Index (196,836 ) (196,836 ) — — Interest (436,837 ) (436,837 ) — — Metals (909,818 ) (909,818 ) — — Total investment liabilities at fair value (2,687,497 ) (2,687,497 ) — — Total net investment at fair value $ 483,457 $ 483,457 $ — $ — |
Swap Contracts
Swap Contracts | 12 Months Ended |
Dec. 31, 2017 | |
Series Of Frontier Fund [Member] | |
Swaps Contracts | 4. Swap Contracts In addition to authorizing Trading Advisors to manage pre-determined investment levels of futures, option on futures and forward contracts, certain Series of the Trust will strategically invest a portion or all of their assets in total return swaps, selected at the direction of the Managing Owner. Total return swaps are privately negotiated contracts designed to provide investment returns linked to those produced by one or more investment products or indices. In a typical total return swap, two parties agree to exchange the returns (or differentials in rates of return) earned or realized on one or more particular predetermined investments or instruments. The gross returns to be exchanged or “swapped” between the parties are calculated with respect to a “notional amount” (i.e., the amount or value of the underlying asset used in computing the particular interest rate, return, or other amount to be exchanged) in a particular investment, or in a “basket” of securities. Each Series’ investment in swaps will likely differ substantially over time due to cash flows, portfolio management decisions and market movements. The swaps serve to diversify the investment holdings of each Series and to provide access to programs and advisors that would not be otherwise available to the Series, and are not used for hedging purposes. The Managing Owner follows a procedure in selecting well-established financial institutions which the Managing Owner, in its sole discretion, considers to be reputable, reliable, financially responsible and well established to act as swap counterparties. The procedure includes due diligence review of documentation on all new and existing financial institution counterparties prior to initiation of the relationship, and quarterly ongoing review during the relationship, to ensure that counterparties meet the Managing Owner’s minimum credit requirements, the counterparty average rating being no less than an investment grade rating as defined by the rating agencies. As of December 31, 2017, and December 31, 2016, approximately 10.2% and 9.3%, respectively, of the Trust’s assets were deposited with over-the-counter counterparties in order to initiate and maintain swaps and is recorded as collateral within the swap fair value within the Statements of Financial Condition. The cash held with the counterparty is not restricted. The Series may strategically invest assets in one or more swaps linked to certain underlying investments or indices at the direction of the Managing Owner. The Trading Company in which the assets of these Series will be invested will not own any of the investments or indices referenced by any swap entered into by these Series. In addition, neither the swap counterparty to the Trading Company of these Series nor any advisor referenced by any such swap is a Trading Advisor to these Series. To help to reduce counterparty risk on the Series, the Managing Owner has the right to reduce the Series’ exposure and remove cash from the Series’ total return swaps with Deutsche Bank AG. This cash holding shall be in excess of $250,000, and may not exceed 40% of the Index exposure in total. Index exposure is defined as the total notional amount plus any profit. The funds are charged interest on this cash holding and any amount removed will be offset against the final settlement value of the swap. As of December 31, 2017, the Frontier Balanced Fund, the Frontier Diversified Fund, the Frontier Long/Short Commodity Fund and Frontier Heritage Fund, had $4,926,555, $2,500,000, $115,000, and $1,900,000, respectively, in cash holdings as shown in the Series’ Statements of Financial Conditions under advance on unrealized swap appreciation, which relates to the Trading Companies’ total return swaps with Deutsche Bank AG The Series have invested in the following swaps as of and for the year ended December 31, 2017: Frontier Long/Short Commodity Frontier Balanced Fund Frontier Diversified Fund Fund Frontier Heritage Fund Total Return Swap Total Return Swap Total Return Swap Total Return Swap Counterparty DeutscheBank AG DeutscheBank AG DeutscheBank AG DeutscheBank AG Notional Amount $13,373,629 $4,651,155 $653,610 $2,072,056 Termination Date 8/2/2018 8/2/2018 8/7/2018 3/26/2018 Cash Collateral $2,086,000 $1,186,000 $29,950 $982,500 Swap Value $9,254,959 $5,190,472 $367,089 $2,111,867 Investee Returns Total Returns Total Returns Total Returns Total Returns Realized Gain/(Loss) $0 $0 $0 $0 Change in Unrealized Gain/(Loss) ($84,491) ($47,375) $26,621 ($297,047) Fair Value as of 12/31/2017 $11,340,959 $6,376,472 $397,039 $3,094,367 Advance on swap appreciation ($4,926,555) ($2,500,000) ($115,000) ($1,900,000) The Series have invested in the following swaps as of and for the year ended December 31, 2016: Frontier Long/Short Commodity Frontier Balanced Fund Frontier Diversified Fund Fund Frontier Heritage Fund Total Return Swap Total Return Swap Total Return Swap Total Return Swap Counterparty DeutscheBank AG DeutscheBank AG DeutscheBank AG DeutscheBank AG Notional Amount $22,580,043 $13,851,707 $1,877,692 $11,413,283 Termination Date 8/2/2018 8/2/2018 8/7/2018 3/26/2018 Cash Collateral $9,600,000 $3,400,000 $3,880,000 $5,986,000 Swap Value $9,339,450 $5,237,847 $340,468 $2,405,414 Investee Returns Total Returns Total Returns Total Returns Total Returns Realized Gain/(Loss) $0 $0 $0 $0 Change in Unrealized Gain/(Loss) ($218,070) ($48,002) ($111,960) $431,146 Fair Value as of 12/31/2016 $18,939,450 $8,637,847 $4,220,468 $8,391,414 Advance on swap appreciation ($4,926,555) ($2,500,000) ($115,000) ($1,900,000) |
Equinox Frontier Fund [Member] | |
Swaps Contracts | 4. Swap Contracts In addition to authorizing Trading Advisors to manage pre-determined investment levels of futures and forward contracts, certain Series of the Trust will strategically invest a portion or all of their assets in total return swaps, selected at the direction of the Managing Owner. Total return swaps are privately negotiated contracts designed to provide investment returns linked to those produced by one or more investment products or indices. In a typical total return Swap, two parties agree to exchange the returns (or differentials in rates of return) earned or realized on one or more particular predetermined investments or instruments. The gross returns to be exchanged or “swapped” between the parties are calculated with respect to a “notional amount” (i.e., the amount or value of the underlying asset used in computing the particular interest rate, return, or other amount to be exchanged) in a particular investment, or in a “basket” of securities. The Trust’s investment in swaps will likely differ substantially over time due to cash flows, portfolio management decisions and market movements. The swaps serve to diversify the investment holdings of the Trust and to provide access to programs and advisors that would not be otherwise available to the Trust, and are not used for hedging purposes. The Managing Owner follows a procedure in selecting well-established financial institutions which the Managing Owner, in its sole discretion, considers to be reputable, reliable, financially responsible and well established to act as swap counterparties. The procedure includes due diligence review of documentation on all new and existing financial institution counterparties prior to initiation of the relationship, and quarterly ongoing review during the relationship, to ensure that counterparties meet the Managing Owner’s minimum credit requirements, the counterparty average rating being no less than an investment grade rating as defined by the rating agencies. As of December 31, 2017 and 2016, approximately 3.8% and $4,284,450 and 10.2% or $22,866,000, respectively, of the Trust’s assets were deposited with over-the-counter counterparties in order to initiate and maintain swaps and is recorded as swap Contracts, at fair value on the Statements of Financial Condition of the Trust. This cash held with the counterparty is not restricted. The Trust strategically invests assets in one or more swaps linked to certain underlying investments or indices at the direction of the Managing Owner. The Trading Company in which the assets of the Trust will be invested will not own any of the investments or indices referenced by any swap entered into by the Trust. In addition, neither the swap counterparty nor any advisor referenced by any such swap is a Trading Advisor to the Trust. The Trust had invested in the following swaps as of and for the year ended December 31, 2017: Brevan Howard XXXIV Balanced select swap XXXV Diversified select swap XXXVII L/S select swap Total Return Swap Total Return Swap Total Return Swap Total Return Swap Counterparty DeutscheBank AG DeutscheBank AG DeutscheBank AG DeutscheBank AG Notional Amount $2,072,056 $13,373,629 $4,651,155 $653,610 Termination Date 3/26/2018 8/2/2018 8/2/2018 8/7/2018 Cash Collateral $982,500 $2,086,000 $1,186,000 $29,950 Swap Value $2,111,867 $9,254,959 $5,190,472 $367,089 Investee Returns Total Returns Total Returns Total Returns Total Returns Realized Gain/(Loss) $0 $0 $0 $0 Change in Unrealized Gain/(Loss) ($297,047) ($84,491) ($47,375) $26,621 Fair Value as of 12/31/2017 $3,094,367 $11,340,959 $6,376,472 $397,039 Advance on swap appreciation ($1,900,000) ($4,926,555) ($2,500,000) ($115,000) The Trust had invested in the following swaps as of and for the year ended December 31, 2016: Brevan Howard XXXIV Balanced Select Swap XXXV Diversified Select Swap XXXVII L/S Select Swap Total Return Swap Total Return Swap Total Return Swap Total Return Swap Counterparty DeutscheBank AG DeutscheBank AG DeutscheBank AG DeutscheBank AG Notional Amount $11,413,283 $22,580,043 $13,851,707 $1,877,692 Termination Date 3/26/2018 8/2/2018 8/2/2018 8/7/2018 Cash Collateral $5,986,000 $9,600,000 $3,400,000 $3,880,000 Swap Value $2,405,414 $9,339,450 $5,237,847 $340,468 Investee Returns Total Returns Total Returns Total Returns Total Returns Realized Gain/(Loss) $0 $0 $0 $0 Change in Unrealized Gain/(Loss) $431,146 ($218,070) ($48,002) ($111,960) Fair Value as of 12/31/2016 $8,391,414 $18,939,450 $8,637,847 $4,220,468 Advance on swap appreciation ($1,900,000) ($4,926,555) ($2,500,000) ($115,000) |
The Trading Companies of the Equinox Frontier Funds [Member] | |
Swaps Contracts | 4. Swap Contracts In addition to authorizing Trading Advisors to manage pre-determined investment levels of futures and forward contracts, certain Trading Companies of the Trust will strategically invest a portion or all of their assets in total return swaps, selected at the direction of management. Swaps are privately negotiated contracts designed to provide investment returns linked to those produced by one or more investment products or indices. In a typical swap, two parties agree to exchange the returns (or differentials in rates of return) earned or realized on one or more particular predetermined investments or instruments. The gross returns to be exchanged or “swapped” between the parties are calculated with respect to a “notional amount” (i.e., the amount or value of the underlying asset used in computing the particular interest rate, return, or other amount to be exchanged) in a particular investment, or in a “basket” of securities. Each Trading Company’s investment in swaps will likely differ substantially over time due to cash flows, portfolio management decisions and market movements. The swaps serve to diversify the investment holdings of each Trading Company and to provide access to programs and advisors that would not be otherwise available to the Trading Company, and are not used for hedging purposes. Management follows a procedure in selecting well-established financial institutions which management, in its sole discretion, considers to be reputable, reliable, financially responsible and well established, to act as swap counterparties. The procedure includes due diligence review of documentation on all new and existing financial institution counterparties prior to initiation of relationship, and quarterly ongoing review during the relationship, to ensure that counterparties meet the managements’ minimum credit requirements, the counterparty average rating being no less than an investment grade rating as defined by the rating agencies. The Trading Companies strategically invest assets in one or more swaps linked to certain underlying investments or indices, at the direction of management. The Trading Companies will not own any of the investments or indices referenced by any swap. In addition, the swap counterparty to the Trading Company is not a Trading Advisor to these Trading Companies. To help to reduce counterparty risk on the Trading Companies, the Managing Owner has the right to reduce the Trading Companies’ exposure and remove cash from the Trading Companies’ total return swaps with Deutsche Bank AG. This cash holding shall be in excess of $250,000, and may not exceed 40% of the Index exposure in total. Index exposure is defined as the total notional amount plus any profit. The funds are charged interest on this cash holding and any amount removed will be offset against the final settlement value of the swap. As of December 31, 2017, the Frontier Trading Company XXXIV LLC, Frontier Trading Company XXXV LLC, Frontier Trading Company XXXVII LLC, and Frontier Trading Company XXXIX LLC, had $4,926,555, $2,500,000, $115,000, and $1,900,000, respectively, in cash holdings as shown in the Series’ Statements of Financial Conditions under advance on unrealized swap appreciation, which relates to the Trading Companies’ total return swaps with Deutsche Bank AG. Embedded in the swap fair value is management and incentive fees being paid to Trading Advisors. As of December 31, 2017, the management fees and range of incentive fees by Trading Company were as follows: Trading Company Management Fee Incentive Fee Frontier Trading Company XXXIV LLC 1% 20-25% Frontier Trading Company XXXV LLC 1% 20-25% Frontier Trading Company XXXVII LLC 1.5% 25% Frontier Trading Company XXXIX LLC 1% 15% Such fees are embedded in the fair value of the swap and are included in net unrealized gain (loss) on swap contracts on the Statements of Operations. The Trading Companies have invested in the following swaps as of December 31, 2017. XXXIX Brevan Howard XXXIV Balanced select swap XXXV Diversified select swap XXXVII L/S select swap Total Return Swap Total Return Swap Total Return Swap Total Return Swap Counterparty DeutscheBank AG DeutscheBank AG DeutscheBank AG DeutscheBank AG Notional Amount $2,072,056 $13,373,629 $4,651,155 $653,610 Termination Date 3/26/2018 8/2/2018 8/2/2018 8/7/2018 Cash Collateral $982,500 $2,086,000 $1,186,000 $29,950 Swap Value $2,111,867 $9,254,959 $5,190,472 $367,089 Investee Returns Total Returns Total Returns Total Returns Total Returns Realized Gain/(Loss) $0 $0 $0 $0 Change in Unrealized Gain/(Loss) ($297,047) ($84,491) ($47,375) $26,621 Fair Value as of 12/31/2017 $3,094,367 $11,340,959 $6,376,472 $397,039 Advance on swap appreciation ($1,900,000) ($4,926,555) ($2,500,000) ($115,000) The Trading Companies have invested in the following swaps as of December 31, 2016. XXXIX Brevan Howard XXXIV Balanced Select Swap XXXV Diversified Select Swap XXXVII L/S Select Swap Total Return Swap Total Return Swap Total Return Swap Total Return Swap Counterparty DeutscheBank AG DeutscheBank AG DeutscheBank AG DeutscheBank AG Notional Amount $11,413,283 $22,580,043 $13,851,707 $1,877,692 Termination Date 3/26/2018 8/2/2018 8/2/2018 8/7/2018 Cash Collateral $5,986,000 $9,600,000 $3,400,000 $3,880,000 Swap Value $2,405,414 $9,339,450 $5,237,847 $340,468 Investee Returns Total Returns Total Returns Total Returns Total Returns Realized Gain/(Loss) $0 $0 $0 $0 Change in Unrealized Gain/(Loss) $431,145 ($218,073) ($48,003) ($111,959) Fair Value as of 12/31/2016 $8,391,414 $18,939,450 $8,637,847 $4,220,468 Advance on swap appreciation ($1,900,000) ($4,926,555) ($2,500,000) ($115,000) |
Investments in Unconsolidated T
Investments in Unconsolidated Trading Companies and Private Investment Companies | 12 Months Ended |
Dec. 31, 2017 | |
Series Of Frontier Fund [Member] | |
Investments in Unconsolidated Trading Companies and Private Investment Companies | 5. Investments in Unconsolidated Trading Companies and Private Investment Companies Investments in unconsolidated Trading Companies and private investment companies represent cash and open trade equity invested in the Trading and private investment companies as well as by each Series and cumulative trading profits or losses allocated to each Series by the Trading Companies and private investment companies. Trading Companies and private investment companies allocate trading profits or losses on the basis of the proportion of each Series’ capital allocated for trading to each respective Trading Company, which bears no relationship to the amount of cash invested by a Series in the Trading Company and private investment companies. The Trading Companies are valued using the equity method of accounting, which approximates fair value. Investments in private investment companies are valued using the NAV provided by the underlying private investment. The following table summarizes each of the Series’ investments in unconsolidated Trading as of December 31, 2017 and 2016: As of December 31, 2017 As of December 31, 2016 Percentage of Percentage of Series Total Series Total Capital Invested Capital Invested in Unconsolidated Trading Fair Value in Unconsolidated Trading Fair Value Series Frontier Diversified Fund — Frontier Trading Companies II and XXXVIII 10.37 % $ 2,225,210 7.44 % $ 4,201,628 Frontier Masters Fund — Frontier Trading Companies II, XV and XXXVIII 12.55 % $ 1,501,142 38.79 % $ 6,678,106 Frontier Long/Short Commodity Fund — Frontier Trading Company XXXVIII 2.86 % $ 121,510 — — Frontier Balanced Fund — Frontier Trading Companies II and XXXVIII 6.59 % $ 3,178,176 7.25 % $ 5,965,331 Frontier Select Fund — Frontier Trading Companies XXXVIII and XXXIX 9.86 % $ 670,863 24.33 % $ 3,910,866 Frontier Winton Fund — Frontier Trading Companies II and XXXVIII 53.79 % $ 7,987,575 9.96 % $ 4,072,450 Frontier Heritage Fund — Frontier Trading Companies II and XXXVIII 22.66 % $ 1,536,631 20.48 % $ 2,744,640 The Galaxy Plus entities are made up a feeder funds in which the Series invest and master trading entities into which the feeder funds invest. No investment held by the Galaxy Plus master trading entity is greater than 5% of the Series’ total capital. The following table summarizes each of the Series’ equity in earnings from unconsolidated Trading and private investment companies for the years ended December 31, 2017, 2016 and 2015: Year Ended December 31, 2017 Year Ended December 31, 2016 Year Ended December 31, 2015 Change in Change in Change in Trading Realized Unrealized Net Income Trading Realized Unrealized Net Income Trading Realized Unrealized Net Income Commissions Gain/(Loss) Gain/(Loss) (Loss) Commissions Gain/(Loss) Gain/(Loss) (Loss) Commissions Gain/(Loss) Gain/(Loss) (Loss) Frontier Diversified Fund Frontier Trading Company I LLC $ — $ — $ — $ — $ (260,168 ) $ 1,794,827 $ (157,591 ) $ 1,377,068 $ (174,766 ) $ 636,671 $ (1,288,141 ) $ (826,236 ) Frontier Trading Company II LLC (48,869 ) 156,232 276,848 384,211 (41,971 ) 375,453 (167,387 ) 166,096 (14,685 ) 1,025,202 (406,220 ) 604,297 Frontier Trading Company VII, LLC — — — — (80,881 ) (566,171 ) 2,065,216 1,418,164 (314,705 ) 4,741,557 (2,805,251 ) 1,621,601 Frontier Trading Company XIV, LLC — — — — — — — — — — — — Frontier Trading Company XV, LLC — — — — — — — — — — — — Frontier Trading Company XXIII, LLC — — — — (35,775 ) 705,939 (7,381 ) 662,782 (74,373 ) 591,314 (260,757 ) 256,184 Frontier Trading Company XXXVIII, LLC — — (224,202 ) (224,202 ) (27,594 ) (774,261 ) 219,387 (582,468 ) (32,830 ) (469,048 ) (312,060 ) (813,938 ) Galaxy Plus Fund - Aspect Feeder Fund (532) LLC (55,188 ) (182,610 ) 116,882 (120,916 ) (3,869 ) (34,071 ) (105,274 ) (143,214 ) — — — — Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC (67,735 ) 35,477 153,846 121,588 (149,772 ) 298,066 (250,532 ) (102,238 ) — — — — Galaxy Plus Fund - Doherty Feeder Fund (528) LLC (59,477 ) 250,674 (136,456 ) 54,741 (27,745 ) 85,845 9,802 67,902 — — — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC (412,997 ) 1,583,252 (75,903 ) 1,094,352 (183,726 ) 1,333,450 (536,657 ) 613,067 — — — — Galaxy Plus Fund - FORT Global Managed Futures Feeder Fund (510) LLC (99,839 ) 115,249 677,850 693,260 (77,260 ) (333,316 ) (134,742 ) (545,318 ) — — — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC — (45,709 ) (334,192 ) (379,901 ) — — 168,157 168,157 — — — — Galaxy Plus Fund - QIM Feeder Fund (526) LLC (749,673 ) 3,193,229 (842,961 ) 1,600,595 (150,214 ) 1,801,432 126,477 1,777,695 — — — — Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC (194,695 ) 254,498 78,293 138,096 (187,460 ) (50,960 ) (3,553 ) (241,973 ) — — — — Galaxy Plus Fund - Quest Feeder Fund (517) LLC (75,783 ) (1,497,818 ) 1,068,306 (505,295 ) (100,928 ) (1,316,487 ) 181,341 (1,236,074 ) — — — — Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC (209,745 ) 89,430 106,590 (13,725 ) — — — — — — — — Total $ (1,974,001 ) $ 3,951,904 $ 864,901 $ 2,842,804 $ (1,327,363 ) $ 3,319,746 $ 1,407,263 $ 3,399,647 $ (611,359 ) $ 6,525,696 $ (5,072,429 ) $ 841,908 Frontier Masters Fund Frontier Trading Company I LLC $ — $ — $ — $ — $ (8,585 ) $ (261,142 ) $ (80,621 ) $ (350,348 ) $ (19,418 ) $ 1,409,880 $ (731,212 ) $ 659,250 Frontier Trading Company II LLC 11,194 91,810 146,656 249,660 (47,472 ) 224,660 (93,987 ) 83,200 (9,119 ) 572,163 (270,658 ) 292,386 Frontier Trading Company XIV, LLC — — — — — — — — — — — — Frontier Trading Company XV, LLC (82,918 ) (175,490 ) (115,394 ) (373,802 ) (81,133 ) 556,129 515,821 990,817 (58,573 ) 672,604 (578,027 ) 36,004 Frontier Trading Company XXXVIII, LLC — — (93,709 ) (93,709 ) (14,141 ) (157,740 ) (2,979 ) (174,860 ) (13,922 ) (268,618 ) (95,734 ) (378,274 ) Frontier Trading Company VII, LLC — — — — (48,485 ) (371,921 ) 1,208,006 787,600 (173,078 ) 5,008,076 (3,958,426 ) 876,572 Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC (105,364 ) (14,449 ) 236,001 116,188 (137,582 ) 164,544 (213,762 ) (186,800 ) — — — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC (349,413 ) 889,938 137,925 678,450 (174,044 ) 803,903 (290,958 ) 338,901 — — — — Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC (138,276 ) 125,302 33,814 20,840 — — — — — — — — Galaxy Plus Fund - TT Feeder Fund (531) LLC (33,390 ) 107,798 386,850 461,258 — — — — — — — — Total $ (698,167 ) $ 1,024,909 $ 732,143 $ 1,058,885 $ (511,443 ) $ 958,432 $ 1,041,519 $ 1,488,510 $ (274,110 ) $ 7,394,105 $ (5,634,057 ) $ 1,485,938 Frontier Long/Short Commodity Fund Frontier Trading Company I LLC $ — $ — $ — $ — $ (4,003 ) $ (145,864 ) $ (32,717 ) $ (182,583 ) $ (2,922 ) $ 156,796 $ 2,785 $ 156,659 Frontier Trading Companies VII, LLC — — — — (30,875 ) 12,784 312,798 294,706 (242,250 ) 2,483,192 (2,226,339 ) 14,603 Frontier Trading Companies XVIII, LLC — — — — — — — — — — — — Frontier Trading Company XXXVIII, LLC — — 83,337 83,337 481 (202,254 ) (106,559 ) (308,333 ) (7,510 ) (34,498 ) (63,213 ) (105,221 ) Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC (58,270 ) (44,691 ) 131,796 28,835 (80,356 ) 76,603 (60,807 ) (64,560 ) — — — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC (252,117 ) 739,903 (37,228 ) 450,558 (144,093 ) 371,651 (44,364 ) 183,194 — — — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC (570,790 ) 114,105 (350,050 ) (806,735 ) — — (321,568 ) (321,568 ) — — — — Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC (86,452 ) 52,022 8,761 (25,669 ) — — — — — — — — Total $ (967,629 ) $ 861,339 $ (163,384 ) $ (269,674 ) $ (258,847 ) $ 112,919 $ (253,217 ) $ (399,144 ) $ (252,682 ) $ 2,605,490 $ (2,286,767 ) $ 66,041 Frontier Balanced Fund Frontier Trading Company I LLC $ — $ — $ — $ — $ (291,912 ) $ 2,837,851 $ 335,254 2,881,192 $ (398,418 ) $ 5,226,529 $ 700,620 $ 5,528,731 Frontier Trading Company II LLC (37,051 ) 216,451 643,952 823,352 (46,423 ) 503,024 (202,956 ) 253,645 (19,305 ) 1,235,015 (499,116 ) 716,594 Frontier Trading Company V LLC — — — — — — — — — — — — Frontier Trading Company VII, LLC — — — — (97,941 ) (464,066 ) 2,290,012 1,728,005 — — — — Frontier Trading Company XIV, LLC — — — — — — — — (351,880 ) 5,102,783 (3,041,589 ) 1,709,314 Frontier Trading Company XV, LLC — — — — — — — — (140 ) (89,150 ) 89,443 153 Frontier Trading Company XVIII, LLC — — — — — — — — — — — — Frontier Trading Company XXXVIII, LLC — — (221,954 ) (221,954 ) (50,346 ) (933,870 ) 45,351 (938,865 ) (50,360 ) (940,340 ) (356,821 ) (1,347,521 ) Frontier Trading Company XXXIX, LLC — — — — 1,439 9,370 — 10,809 — — — — Galaxy Plus Fund - Aspect Feeder Fund (532) LLC (84,742 ) (108,935 ) 133,971 (59,706 ) (4,516 ) (51,106 ) (157,835 ) (213,457 ) — — — — Galaxy Plus Fund - Doherty Feeder Fund (528) LLC (87,814 ) 166,259 28,649 107,094 (38,036 ) 146,344 14,161 122,469 — — — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC (526,858 ) 1,573,493 254,603 1,301,238 (198,195 ) 1,635,772 (663,594 ) 773,983 — — — — Galaxy Plus Fund - FORT Global Managed Futures Feeder Fund (510) LLC (169,058 ) 269,435 1,297,311 1,397,688 (107,226 ) (573,181 ) (250,610 ) (931,017 ) — — — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC — (186,384 ) (829,385 ) (1,015,769 ) — — 475,116 475,116 — — — — Galaxy Plus Fund - QIM Feeder Fund (526) LLC (1,157,339 ) 5,058,252 (1,141,007 ) 2,759,906 (190,774 ) 2,874,017 206,726 2,889,969 — — — — Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC (209,350 ) 283,034 (11,009 ) 62,675 (194,640 ) (62,341 ) (4,212 ) (261,193 ) — — — — Galaxy Plus Fund - Quest Feeder Fund (517) LLC (30,339 ) (349,497 ) 261,271 (118,565 ) (25,081 ) (394,581 ) 54,174 (365,488 ) — — — — Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC (284,512 ) 242,861 275,849 234,198 — — — — — — — — Total $ (2,587,063 ) $ 7,164,969 $ 692,251 $ 5,270,157 $ (1,243,650 ) $ 5,527,232 $ 2,141,586 $ 6,425,168 $ (820,103 ) $ 10,534,837 $ (3,107,463 ) $ 6,607,271 Frontier Select Fund Frontier Trading Company XV, LLC $ — $ — $ — $ — $ — $ — $ — $ — $ (551 ) $ (27,784 ) $ 2,173 $ (25,285 ) Frontier Trading Company XXXVIII, LLC — — (70,862 ) (70,862 ) (6,694 ) 107,531 15,974 116,811 (2,400 ) (20,889 ) 2,353 (21,812 ) Frontier Trading Company XXXIX, LLC — — (223,214 ) (223,214 ) (3,394 ) — 255,179 251,785 — — 208,164 208,164 Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC (88,462 ) 106,142 196,941 214,621 — — — — — — — — Galaxy Plus Fund - TT Feeder Fund (531) LLC (64,931 ) 5,736 259,360 200,165 — — — — — — — — Total $ (153,393 ) $ 111,878 $ 162,225 $ 120,710 $ (10,088 ) $ 107,531 $ 271,153 $ 368,596 $ (2,951 ) $ (48,673 ) $ 212,690 $ 161,067 Frontier Winton Fund Frontier Trading Company II LLC $ — $ — $ 551,467 $ 551,467 $ — $ — $ — $ — $ (30,241 ) $ 1,667,631 $ (315,582 ) $ 1,321,808 Frontier Trading Company XXXVIII ,LLC — — (217,479 ) (217,479 ) (47,781 ) (149,255 ) 16,046 (180,989 ) (29,071 ) (537,770 ) (197,417 ) (764,258 ) Total $ — $ — $ 333,988 $ 333,988 $ (47,781 ) $ (149,255 ) $ 16,046 $ (180,989 ) $ (59,312 ) $ 1,129,861 $ (512,999 ) $ 557,550 Frontier Heritage Fund Frontier Trading Company II LLC $ (61,563 ) $ 113,582 $ 388,393 $ 440,412 $ (70,018 ) $ 271,702 $ (119,174 ) $ 82,510 $ (9,825 ) $ 656,945 $ (261,763 ) $ 385,357 Frontier Trading Company XXXVIII, LLC — — (94,835 ) (94,835 ) (10,777 ) (5,851 ) (10,397 ) (27,026 ) (6,511 ) (117,306 ) (41,273 ) (165,090 ) Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC (77,782 ) 80,577 206,064 208,859 — — — — — — — — Total $ (139,345 ) $ 194,159 $ 499,622 $ 554,436 $ (80,795 ) $ 265,851 $ (129,571 ) $ 55,484 $ (16,336 ) $ 539,639 $ (303,036 ) $ 220,267 The Series investments in private investment companies have certain redemption and liquidity restrictions which are described in the following table: Redemptions Redemptions Liquidity Notice Period Permitted Restrictions Frontier Diversified Fund Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 24 hours Daily None Galaxy Plus Fund - LRR Feeder Fund (522) LLC 24 hours Daily None Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC 24 hours Daily None Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC 24 hours Daily None Trend Following Galaxy Plus Fund - Aspect Feeder Fund (532) LLC 24 hours Daily None Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC 24 hours Daily None Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC 24 hours Daily None Galaxy Plus Fund - QIM Feeder Fund (526) LLC 24 hours Daily None Galaxy Plus Fund - Quest Feeder Fund (517) LLC 24 hours Daily None Option Trading Galaxy Plus Fund - Doherty Feeder Fund (528) LLC 24 hours Daily None Frontier Masters Fund Trend Following Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC 24 hours Daily None Galaxy Plus Fund - TT Feeder Fund (531) LLC 24 hours Weekly None Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 24 hours Daily None Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC 24 hours Daily None Frontier Long/Short Commodity Fund Trend Following Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC 24 hours Daily None Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 24 hours Daily None Galaxy Plus Fund - LRR Feeder Fund (522) LLC 24 hours Daily None Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC 24 hours Daily None Frontier Balanced Fund Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 24 hours Daily None Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC 24 hours Daily None Galaxy Plus Fund - LRR Feeder Fund (522) LLC 24 hours Daily None Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC 24 hours Daily None Trend Following Galaxy Plus Fund - Aspect Feeder Fund (532) LLC 24 hours Daily None Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC 24 hours Daily None Galaxy Plus Fund - QIM Feeder Fund (526) LLC 24 hours Daily None Galaxy Plus Fund - Quest Feeder Fund (517) LLC 24 hours Daily None Option Trading Galaxy Plus Fund - Doherty Feeder Fund (528) LLC 24 hours Daily None Frontier Select Fund Trend Following Galaxy Plus Fund - TT Feeder Fund (531) LLC 24 hours Weekly None |
Equinox Frontier Fund [Member] | |
Investments in Unconsolidated Trading Companies and Private Investment Companies | 5. Investments in Private Investment Companies Investments in private investment companies represent cash and open trade equity invested in the private investment companies as well as the cumulative trading profits or losses allocated to the Trust by the private investment companies. private investment companies allocate trading profits or losses on the basis of the proportion of the Trust’s capital allocated for trading to each respective private investment company, which bears no relationship to the amount of cash invested by the Trust in the private investment companies. Investments in private investment companies are valued using the NAV provided by the underlying private investment. The Galaxy Plus entities are made up a feeder funds in which the Trust invests and master trading entities into which the feeder funds invest. No investment held by the Galaxy Plus master trading entity is greater than 5% of the Trust’s total capital. The following table summarizes each of the Trust’s equity in earnings from private investment companies for the year ended December 31, 2017: Year Ended December 31, 2017 Change in Trading Realized Unrealized Net Income Commissions Gain/(Loss) Gain/(Loss) (Loss) Galaxy Plus Fund - Aspect Feeder Fund (532) LLC (139,930 ) (291,545 ) 250,853 (180,622 ) Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC (231,369 ) (23,663 ) 521,643 266,611 Galaxy Plus Fund - Doherty Feeder Fund (528) LLC (147,291 ) 416,933 (107,807 ) 161,835 Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC (1,541,385 ) 4,786,586 279,397 3,524,598 Galaxy Plus Fund - FORT Global Managed Futures Feeder Fund (510) LLC (268,897 ) 384,684 1,975,161 2,090,948 Galaxy Plus Fund - LRR Feeder Fund (522) LLC (570,790 ) (117,988 ) (1,513,627 ) (2,202,405 ) Galaxy Plus Fund - QIM Feeder Fund (526) LLC (1,907,012 ) 8,251,481 (1,983,968 ) 4,360,501 Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC (404,045 ) 537,532 67,284 200,771 Galaxy Plus Fund - Quest Feeder Fund (517) LLC (106,122 ) (1,847,315 ) 1,329,577 (623,860 ) Galaxy Plus Fund - Quest FIT Feeder Fund (535) LLC — 1,238,453 (2,202,630 ) (964,177 ) Galaxy Plus Fund - TT Feeder Fund (531) LLC (98,321 ) 113,534 646,210 661,423 Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC (885,229 ) 696,334 828,019 639,124 Total $ (6,300,391 ) $ 14,145,026 $ 90,112 $ 7,934,747 The Trust’s investments in private investment companies have certain redemption and liquidity restrictions which are described in the following table: Redemptions Redemptions Liquidity Notice Period Permitted Restrictions Frontier Funds Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 24 hours Daily None Galaxy Plus Fund - LRR Feeder Fund (522) LLC 24 hours Daily None Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC 24 hours Daily None Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC 24 hours Daily None Trend Following Galaxy Plus Fund - Aspect Feeder Fund (532) LLC 24 hours Daily None Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC 24 hours Daily None Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC 24 hours Daily None Galaxy Plus Fund - QIM Feeder Fund (526) LLC 24 hours Daily None Galaxy Plus Fund - Quest Feeder Fund (517) LLC 24 hours Daily None Galaxy Plus Fund - Quest FIT Feeder Fund (535) LLC 24 hours Daily None Galaxy Plus Fund - TT Feeder Fund (531) LLC 24 hours Weekly None Option Trading Galaxy Plus Fund - Doherty Feeder Fund (528) LLC 24 hours Daily None |
The Trading Companies of the Equinox Frontier Funds [Member] | |
Investments in Unconsolidated Trading Companies and Private Investment Companies | 6. Investments in Private Investment Companies Investments in private investment companies represent cash and open trade equity invested in the private investment companies as well as the cumulative trading profits or losses allocated to the Trust by the private investment companies. private investment companies allocate trading profits or losses on the basis of the proportion of the Trading Company’s capital allocated for trading to the private investment company, which bears no relationship to the amount of cash invested by the Trading Company in the private investment companies. Investments in private investment companies are valued using the NAV provided by the underlying private investment. As of December 31, 2017, Frontier Trading Company XXXVIII, LLC’s investment into Galaxy Plus Fund – Quest FIT Feeder Fund (535) LLC had a fair value of $2,151,869. For the year ended December 31, 2017, Galaxy Plus Fund – Quest FIT Feeder Fund (535) LLC incurred $0 in trading commissions and had $0 and $(964,178) in realized and unrealized trading gains, respectively, for a net loss of $964,178. Galaxy Plus Fund – Quest FIT Feeder Fund (535) LLC allows for weekly redemptions upon 24 hours written notice. There are no liquidity restrictions. |
Transactions with Affiliates
Transactions with Affiliates | 12 Months Ended |
Dec. 31, 2017 | |
Series Of Frontier Fund [Member] | |
Transactions with Affiliates | 6. Transactions with Affiliates The Managing Owner contributes funds to the Trust, with respect to the Series, in order to have a 1% interest (“Minimum Purchase Commitment”) in the aggregate capital, profits and losses of all Series and in return will receive units designated as general units in the Series in which the Managing Owner invests such funds. The general units may only be purchased by the Managing Owner and may be subject to no advisory fees or advisory fees at reduced rates. Otherwise, the general units hold the same rights as the limited units. The Managing Owner will make contributions to the Series of the Trust necessary to maintain at least a 1% interest in the aggregate capital, profits and losses of the combined Series of the Trust. Such contribution was made by the Managing Owner before trading commenced for the Trust and will be maintained throughout the existence of the Trust, and the Managing Owner will make such purchases as are necessary to effect this requirement. Additionally, the Managing Owner agreed with certain regulatory bodies to maintain a 1% interest specifically in the Frontier Balanced Fund Class 1AP and 2a Units, aggregated, and each of the Frontier Long/Short Commodity Fund, Frontier Diversified Fund and Frontier Masters Fund. The 1% interest in these specific Series is included in computing the Minimum Purchase Commitment in aggregate capital. In addition to the general units the Managing Owner receives in respect of its Minimum Purchase Commitment, the Managing Owner may purchase limited units in any Series as a Limited Owner. Principals of the Managing Owner or affiliates are allowed to own beneficial interests in the Trust, with respect to the Series, as well. All Units purchased by the Managing Owner are held for investment purposes only and not for resale. The Managing Owner may make purchases or redemptions at any time on the same terms as any Limited Owner. The Trust has and will continue to have certain relationships with the Managing Owner and its affiliates. Expenses Management Fees— As of the date of this report, for a Series that has invested in a swap, the Managing Owner or Trading Advisor(s) do not receive any management fees directly from the Series for such swap, and instead the relevant Trading Advisor receives compensation via the fees embedded in the swap. As of December 31, 2017, the management fee embedded in (i) swaps owned by Frontier Diversified Fund was 1.00% per annum, (ii) swaps owned by Frontier Balanced Fund was 1.00% per annum, (iii) swaps owned by Frontier Long/Short Commodity Fund was 1.50% per annum, and (iv) swaps owned by Frontier Heritage Fund was 1.00% per annum and the Managing Owner has waived the entire management fee due to it from those Series in respect of such Series’ investment in swaps. In each case, the embedded management fee was accrued on the relevant notional amount of the swap. The management fee as a percentage of the applicable Series’ notional assets will be greater than the percentage of the applicable Series’ net asset value to the extent that the notional assets of the Series exceeds its net asset value. The Managing Owner expects that the notional assets of each Series will generally be maintained at a level in excess of the net asset value of such Series and such excess may be substantial to the extent the Managing Owner deems necessary to achieve the desired level of volatility. Trading Fees— Incentive Fees— Service Fees— The following table summarizes fees earned by the Managing Owner and the Former Managing Owner for the years ended December 31, 2017, 2016 and 2015. For the Year Ended December 31, 2017 Incentive (Rebate) Fees Management Fee Service Fee Trading Fee Frontier Diversified Fund $ (50,661 ) $ 69,478 $ 132,465 $ 1,347,386 Frontier Masters Fund — 184,365 89,344 672,227 Frontier Long/Short Commodity Fund (144,752 ) — 13,672 234,923 Frontier Balanced Fund 40,189 107,368 1,409,337 2,058,870 Frontier Select Fund — 84,734 220,938 176,459 Frontier Winton Fund (75,099 ) 877,626 465,225 565,481 Frontier Heritage Fund (4,603 ) 193,000 182,048 191,996 For the Year Ended December 31, 2016 Incentive Fee Management Fee Service Fee Trading Fee Frontier Diversified Fund $ 1,144,159 $ 503,844 $ 247,399 $ 1,435,003 Frontier Masters Fund 245,244 452,071 151,627 537,884 Frontier Long/Short Commodity Fund 46,931 201,423 66,889 191,525 Frontier Balanced Fund 1,395,151 494,734 1,833,220 909,129 Frontier Select Fund 41,072 271,176 351,053 115,267 Frontier Winton Fund 99,067 1,069,141 681,308 320,680 Frontier Heritage Fund 9,072 242,764 254,775 104,146 For the Year Ended December 31, 2015 Incentive Fee Management Fee Service Fee Trading Fee Frontier Diversified Fund $ 2,068,435 $ 983,948 $ 412,335 $ 1,394,350 Frontier Masters Fund 618,626 696,963 226,790 579,677 Frontier Long/Short Commodity Fund 322,090 532,836 109,284 243,193 Frontier Balanced Fund 1,707,167 1,029,988 2,113,776 740,451 Frontier Select Fund 158,971 304,539 395,169 110,262 Frontier Winton Fund 715,409 1,199,380 764,354 288,023 Frontier Heritage Fund 132,676 280,570 287,946 96,359 The following table summarizes fees payable to the Managing Owner and Former Managing Owner as of December 31, 2017 and 2016. As of December 31, 2017 Incentive Fees Management Fees Interest Fees Service Fees Trading Fees Frontier Diversified Fund $ 12,847 $ 4,049 $ — $ 3,614 $ 61,188 Frontier Masters Fund — 8,949 — 3,570 49,131 Frontier Long/Short Commodity Fund — — 103 172 9,125 Frontier Balanced Fund 40,189 11,465 2,528 88,149 140,868 Frontier Select Fund — — 1,358 14,743 14,898 Frontier Winton Fund — 53,039 20,992 26,714 43,573 Frontier Heritage Fund — 13,471 2,608 11,483 15,703 As of December 31, 2016 Incentive Fees Management Fees Interest Fees Service Fees Trading Fees Frontier Diversified Fund $ — $ 23,496 $ — $ 15,193 $ 147,183 Frontier Masters Fund — 50,174 — 9,037 57,890 Frontier Long/Short Commodity Fund — — — 3,542 23,478 Frontier Balanced Fund — 25,217 21,606 129,956 203,324 Frontier Select Fund — 21,219 3,518 25,966 18,129 Frontier Winton Fund — 256,824 30,730 39,370 55,142 Frontier Heritage Fund — 56,501 7,420 16,457 17,953 With respect to the service fees, the initial service fee (for the first 12 months) relating to a purchase of Units by an investor is prepaid by the Managing Owner to the relevant selling agent in the month following such purchase and is reimbursed therefore by the Series monthly in arrears in an amount based upon a corresponding percentage of NAV, calculated daily. Consequently, the Managing Owner bears the risk and the benefit of the upside potential of any difference between the amount of the initial service fee prepaid by it and the amount of the reimbursement thereof, which may result from variations in NAV over the following 12 months. Aggregate interest income from all sources, including U.S. Treasury Securities assets net of premiums and cash held at clearing brokers, of up to the first 2% (annualized) of average net assets less any fair market value related to swaps is paid to the Managing Owner by the Frontier Balanced Fund (Class 1 and Class 2), Frontier Winton Fund, Frontier Select Fund, and Frontier Heritage Fund. For the Frontier Diversified Fund, Frontier Long/Short Commodity Fund, Frontier Masters Fund, and Frontier Balanced Fund (Class 1AP, Class 2a and Class 3a), 20% of the total interest allocated to each Series is paid to the Managing Owner from January 1, 2016 through April 28, 2016; thereafter 100% of the interest is retained by the respective Series. The following table outlines the amounts paid by each Series to the Managing Owner and Former Managing Owner and its ratio to average net assets for the years ended December 31, 2017, 2016 and 2015: 2017 2016 2015 2017 2016 2015 Gross Amount Gross Amount Gross Amount Paid to the Paid to the Paid to the Ratio to Ratio to Ratio to Managing Managing Managing Average Net Average Net Average Net Owner Owner Owner Assets Assets Assets Frontier Diversified Fund Class 1 $ (3,860 ) $ 9,494 $ 42,063 -0.12 % 0.12 % 0.26 % Frontier Diversified Fund Class 2 (19,555 ) 39,041 88,023 -0.18 % 0.11 % 0.26 % Frontier Diversified Fund Class 3 (7,071 ) 12,736 20,751 -0.07 % 0.10 % 0.25 % Frontier Masters Fund Class 1 (4,988 ) 9,336 27,443 -0.16 % 0.14 % 0.27 % Frontier Masters Fund Class 2 (5,113 ) 9,303 22,999 -0.14 % 0.14 % 0.27 % Frontier Masters Fund Class 3 (5,881 ) 8,976 14,793 -0.10 % 0.13 % 0.27 % Frontier Long/Short Commodity Fund Class 2 211 197 2,633 0.07 % 0.02 % 0.22 % Frontier Long/Short Commodity Fund Class 3 1,942 1,391 15,721 0.07 % 0.03 % 0.22 % Frontier Long/Short Commodity Fund Class 1a 533 1,108 11,732 0.24 % 0.03 % 0.22 % Frontier Long/Short Commodity Fund Class 2a 233 282 3,498 0.05 % 0.02 % 0.22 % Frontier Long/Short Commodity Fund Class 3a 189 171 1,695 0.02 % 0.02 % 0.21 % Frontier Balanced Fund Class 1 204,989 450,536 805,984 0.49 % 0.74 % 1.15 % Frontier Balanced Fund Class 1AP 2,627 5,135 8,750 0.45 % 0.74 % 1.14 % Frontier Balanced Fund Class 2 55,580 165,519 278,159 0.69 % 0.73 % 1.14 % Frontier Balanced Fund Class 2a 516 828 1,311 0.10 % 0.15 % 0.23 % Frontier Balanced Fund Class 3a 1,314 3,650 5,976 0.09 % 0.15 % 0.23 % Frontier Select Fund Class 1 31,053 38,569 65,986 0.58 % 0.33 % 0.50 % Frontier Select Fund Class 1AP 94 135 244 1.68 % 0.32 % 0.50 % Frontier Select Fund Class 2 4,681 4,752 7,429 0.55 % 0.33 % 0.50 % Frontier Winton Fund Class 1 76,277 315,194 450,697 0.59 % 1.39 % 1.77 % Frontier Winton Fund Class 1AP 149 518 676 0.43 % 1.39 % 1.77 % Frontier Winton Fund Class 2 41,050 167,500 209,259 0.42 % 1.39 % 1.62 % Frontier Heritage Fund Class 1 40,215 76,936 113,684 0.67 % 0.91 % 1.19 % Frontier Heritage Fund Class 1AP 36 340 726 0.16 % 1.00 % 1.18 % Frontier Heritage Fund Class 2 10,965 26,337 37,732 1.28 % 0.91 % 1.18 % Total $ 426,185 $ 1,347,984 $ 2,237,964 Related Parties— During 2017, Frontier Diversified Fund and Frontier Masters Fund borrowed from the pooled cash management account to fund a portion of its investments in Galaxy Plus entities. As of December 31, 2017, the Diversified Fund and Frontier Masters Fund owes the other Series $0 an $0, respectively. Frontier Diversified Fund and Frontier Masters Fund were charged an annual interest rate of 0.25% on this borrowing. The Series administrator is Gemini Hedge Fund Services, LLC. Gemini Hedge Fund Services, LLC is an affiliate of the Sponsor. The Series transfer agency provider is Gemini Fund Services, LLC. Gemini Fund Services, LLC is an affiliate of the Sponsor. |
Equinox Frontier Fund [Member] | |
Transactions with Affiliates | 6. Transactions with Affiliates The Managing Owner contributes funds to the Trust in order to have a 1% interest in the aggregate capital, profits and losses and in return will receive units designated as general units in the Series of the Trust in which the Managing Owner invests such funds. The general units may only be purchased by the Managing Owner and may be subject to no advisory fees or management advisory fees at reduced rates. Otherwise, the general units hold the same rights as the limited units. The Managing Owner is required to maintain at least a 1% interest (“Minimum Purchase Commitment”) in the aggregate capital, profits and losses of the Trust so long as it is acting as the Managing Owner of the Trust. Such contribution was made by the Managing Owner before trading commenced for the Trust and will be maintained throughout the existence of the Trust, and the Managing Owner will make such purchases as are necessary to effect this requirement. Additionally, the Managing Owner agreed with certain regulatory bodies to maintain a 1% interest specifically in the Frontier Balanced Fund Class 1AP Units and Frontier Balanced Fund Class 2a Units, aggregated, and each of the Frontier Long/Short Commodity Fund, Frontier Diversified Fund, and Frontier Masters Fund. The 1% interest in these specific Series of the Trust is included in computing the Minimum Purchase Commitment in aggregate capital. In addition to the general units the Managing Owner receives in respect of its Minimum Purchase Commitment, the Managing Owner may purchase limited units in any Series as a Limited Owner. Principals of the Managing Owner or affiliates are allowed to own beneficial interests in the Trust, as well. All units purchased by the Managing Owner are held for investment purposes only and not for resale. The Managing Owner may make purchases or redemptions at any time on the same terms as any Limited Owner. The Trust has and will continue to have certain relationships with the Managing Owner and its affiliates. Expenses Management Fees— The management fee as a percentage of the applicable Series’ notional assets will be greater than the percentage of the applicable Series’ net asset value to the extent that the notional assets of the Series exceeds its net asset value. The Managing Owner expects that the notional assets of each Series will generally be maintained at a level in excess of the net asset value of such Series and such excess may be substantial to the extent the Managing Owner deems necessary to achieve the desired level of volatility. Trading Fees— Incentive Fees— Service Fees— As of December 31, 2017, the Trust has a payable to the Managing Owner in the amounts of $53,036, $90,972, $26,007, $334,485, and $148,445 for incentive fees, management fees, interest, trading fees, and service fees, respectively. As of December 31, 2016, the Trust has a payable to the Managing Owner in the amounts of $0, $433,430, $63,275, $523,099, and $239,520 for incentive fees, management fees, interest, trading fees, and service fees, respectively. For the year ended December 31, 2017, the Trust paid the Managing Owner $(147,256), $1,516,571, $2,513,028 and $5,247,342 for incentive fees, management fees, service fees, and trading fees, respectively. For the year ended December 31, 2016, the Trust paid the Managing Owner $2,980,696, $3,235,153, $3,586,271 and $3,613,634 for incentive fees, management fees, service fees, and trading fees, respectively. For the year ended December 31, 2015, the Trust paid the Managing Owner $5,723,374, $5,028,224, $4,309,654 and $3,452,315 for incentive fees, management fees, service fees, and trading fees, respectively. With respect to the service fees, the initial service fee (for the first 12 months) relating to a purchase of Units by an investor is prepaid by the Managing Owner to the relevant selling agent in the month following such purchase and is reimbursed therefore by the Series monthly in arrears in an amount based upon a corresponding percentage of NAV, calculated daily. Consequently, the Managing Owner bears the risk and enjoys the benefit of the upside potential of any difference between the amount of the initial service fee prepaid by it and the amount of the reimbursement thereof, which may result from variations in NAV over the following 12 months. For the years ended December 31, 2017, 2016 and 2015 amounts received or receivable from the Managing Owner for the difference in monthly service fees from the prepaid initial service fees were $31,887, $87, and $28,202, respectively. Aggregate interest income from all sources, including U.S. Treasury Securities assets net of premiums and cash held at clearing brokers, of up to the first 2% (annualized) is paid to the Managing Owner by the Frontier Balanced Fund (Class 1 and Class 2 only), Frontier Winton Fund, Frontier Select Fund, and Frontier Heritage Fund. For the Frontier Diversified Fund, Frontier Long/Short Commodity Fund (Class 1a, Class 2a, Class 3a only), Frontier Masters Fund, and Frontier Balanced Fund (Class 1AP, Class 2a and Class 3a), 20% of the total interest allocated to each Series was paid to the Managing Owner from January 1, 2016 through April 28, 2016; thereafter 100% of the interest is retained by the respective Series . The Series’ administrator is Gemini Hedge Fund Services, LLC. Gemini Hedge Fund Services, LLC is an affiliate of the Sponsor. The Series’ transfer agency provider is Gemini Fund Services, LLC. Gemini Fund Services, LLC is an affiliate of the Sponsor. |
Galaxy Plus Fund LLC [Member] | |
Transactions with Affiliates | Note 4. Management, Incentive, Sponsor and Other Fees Each Fund class will pay its respective Advisor, or in the case of Class EF, the managing owner of the member, both asset based (management fee) and performance based (incentive fee) compensation as outlined in the Supplement. In addition, each Fund class will pay the Sponsor asset based (sponsor fee) compensation and, if applicable, a selling agent will receive from each fund class an asset based fee (sales commission). All asset based fees are calculated on the same uniform fee base which is the beginning of the period Trading Level (as defined in the Supplement and discussed in Note 5) plus periodic trading profits and losses for the Fund. Investors can be charged different management and incentive fees at the discretion of the Sponsor. Management Fee: Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - 510 Series 516 Series 518 Series Selling Agent $ 5,680 $ 889 $ 952 Sponsor 6,542 146 — Incentive Fee: Any Incentive Fee, if accrued, will also be made in respect of Interests withdrawn, at the time of such withdrawal, as if the withdrawal date were the end of a calendar quarter. “New Net Profit” means, with respect to each series of Interest, the amount by which the Net Asset Value of such series of Interest as of the date of determination exceeds the High Water Mark (defined below) then attributable to such series of Interest. Net Asset Value, for purposes of calculating the Incentive Fee, is calculated prior to reduction for the Incentive Fee being calculated. Net Asset Value is calculated after deduction for the Management Fee (regardless of whether such Management Fee is paid to an Advisor or to the Sponsor), but prior to deduction for the Sponsor Fee, Sales Commissions, and/or Operating Expenses. “High Water Mark” means, with respect to each series of Interest, the greater of: (i) the aggregate Capital Contributions made to such series of Interest; and (ii) the Net Asset Value of such series of Interest as of the end of the most recent Incentive Fee Calculation Period as of which an Incentive Fee was made from such series of Interest (after deduction for the Incentive Fee then made). The High Water Mark with respect to a series of Interest is reduced proportionately when any withdrawal is made from such series of Interest — i.e., the High Water Mark immediately prior to any such withdrawal is multiplied by the fraction of the numerator of which is the Net Asset Value of such series of Interest immediately after such withdrawal and the denominator of which is such Net Asset Value immediately prior to such withdrawal (Net Asset Value in each case being calculated prior to reduction for any Incentive Fee). As the Incentive Fee is calculated separately with respect to each investment made by an Investor, an Investor which invests more than once in a Fund is at risk of being subject to Incentive Fees in respect of capital contributions made at different times even though the overall value of such Investor’s investment in such Fund has declined. The Trading Advisors may enter into side agreements with various investors changing the management/ incentive fees charged to those investors. The Sponsor, on behalf of the managing owner of the Class EF members, has entered into separate fee arrangements with the Trading Advisors which results in managing owner retaining a portion of both the management and incentive fees charged to the Class EF members. During the periods ended December 31, 2017, the amount of management fees and incentive fees retained by the managing owner of Class EF interest are as follows: Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - Fund LLC - 510 Series 516 Series 517 Series 518 Series 522 Series Management Fee $ 22,537 $ 109,994 $ 44,743 $ 141,131 $ 83,998 Incentive Fee 34,386 715,621 — — — Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - Fund LLC - 526 Series 527 Series 528 Series 531 Series 532 Series Management Fee $ 167,970 $ 41,645 $ 39,554 $ 115,687 $ 12,142 Incentive Fee 113,940 — 21,532 30,847 — Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - 535 Series 538W Series Management Fee $ — $ 17,848 Incentive Fee — — The amount of management fees and incentive fees due to the managing owner of the class EF members as of December 31, 2017 are as follows: Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - Fund LLC - 510 Series 516 Series 517 Series 518 Series 522 Series Accrued Management Fee $ 1,080 $ 5,592 $ 1,599 $ 4,122 $ 3,579 Accrued Incentive Fee 28,328 6,517 — — — Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - Fund LLC - 526 Series 527 Series 528 Series 531 Series 532 Series Accrued Management Fee $ 7,326 $ 1,794 $ 2,452 $ 25,815 $ 421 Accrued Incentive Fee 59,454 — 4,090 30,847 — Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - 535 Series 538W Series Accrued Management Fee $ — $ 1,461 Accrued Incentive Fee — — Sponsor Fee: Sales Commission: Professional Fees and Operating Expenses: In January of 2017, the Sponsor amended the Confidential Offering Memorandum of the Onshore Platform in that fees related to audit and tax preparation services would be borne by the Onshore Platform rather than the Sponsor. Prior to this amendment going into effect, the Sponsor sent each Investor a letter outlining the change and allowing the Investor to redeem before the change went into effect. The 2016 audit and tax fees were expensed to the Funds during the year ended December 31, 2017. The allocation of the 2016 audit and tax fees was based on the number of trading managers that trade on behalf of each respective Fund. The audit and tax preparation are recorded as a component of professional fees in the statements of operations. On a go forward basis, the audit and tax preparation expense will be recorded when the related services are performed. |
Financial Highlights
Financial Highlights | 12 Months Ended |
Dec. 31, 2017 | |
Series Of Frontier Fund [Member] | |
Financial Highlights | 7. Financial Highlights The following information presents the financial highlights of the Series for the years ended December 31, 2017, 2016 and 2015. This data has been derived from the information presented in the financial statements. For the year ended December 31, 2017 Frontier Diversified Fund Frontier Masters Fund Frontier Long/Short Commodity Fund Class 1 Class 2 Class 3 Class 1 Class 2 Class 3 Class 1a Class 2 Class 2a Class 3 Class 3a Per unit operating performance (1) Net asset value, December 31, 2016 $ 116.43 $ 132.94 $ 123.27 $ 112.80 $ 128.78 $ 119.89 $ 92.78 $ 129.56 $ 105.67 $ 130.80 $ 107.50 Net operating results: Interest income 0.29 0.34 0.31 0.61 0.70 0.65 0.01 0.00 (0.01 ) 0.00 0.00 Expenses (8.27 ) (4.76 ) (4.39 ) (9.05 ) (7.54 ) (6.99 ) (4.71 ) (3.55 ) (2.89 ) (3.61 ) (2.94 ) Net gain/(loss) on investments, net of non-controlling interests 7.96 6.67 6.49 10.38 11.33 10.85 (6.73 ) (10.20 ) (9.18 ) (5.69 ) (6.57 ) Net income/(loss) (0.02 ) 2.25 2.41 1.94 4.49 4.51 (11.43 ) (13.75 ) (12.08 ) (9.30 ) (9.51 ) Net asset value, December 31, 2017 $ 116.41 $ 135.19 $ 125.68 $ 114.74 $ 133.27 $ 124.40 $ 81.35 $ 115.81 $ 93.59 $ 121.50 $ 97.99 Ratios to average net assets Net investment income/(loss) -9.18 % -4.41 % -4.41 % -10.21 % -7.19 % -7.19 % -7.09 % -4.08 % -4.08 % -4.08 % -4.16 % Expenses before incentive fees (3)(4) 9.65 % 4.88 % 4.88 % 10.95 % 7.93 % 7.93 % 7.99 % 4.98 % 4.98 % 4.98 % 5.31 % Expenses after incentive fees (3)(4) 9.52 % 4.75 % 4.75 % 10.95 % 7.93 % 7.93 % 7.09 % 4.08 % 4.08 % 4.08 % 4.16 % Total return before incentive fees (2) -0.15 % 1.56 % 1.82 % 1.72 % 3.49 % 3.76 % -13.23 % -11.52 % -12.34 % -8.02 % -10.00 % Total return after incentive fees (2) -0.02 % 1.69 % 1.96 % 1.72 % 3.49 % 3.76 % -12.32 % -10.61 % -11.43 % -7.11 % -8.85 % Frontier Balanced Fund Frontier Select Fund Class 1 Class 1AP Class 2 Class 2a Class 3a Class 1 Class 1AP Class 2 Per unit operating performance (1) Net asset value, December 31, 2016 $ 134.80 $ 144.97 $ 194.99 $ 169.05 $ 168.49 $ 94.06 $ 101.16 $ 134.25 Net operating results: Interest income 0.05 0.05 0.07 0.06 0.06 0.00 0.00 0.00 Expenses (8.66 ) (5.04 ) (6.80 ) (5.90 ) (5.87 ) (5.33 ) (2.99 ) (3.98 ) Net gain/(loss) on investments, net of non-controlling interests 9.77 10.58 14.64 12.56 12.50 1.54 1.85 2.46 Net income/(loss) 1.16 5.59 7.91 6.72 6.69 (3.79 ) (1.14 ) (1.52 ) Net asset value, December 31, 2017 $ 135.96 $ 150.56 $ 202.90 $ 175.77 $ 175.18 $ 90.27 $ 100.02 $ 132.73 Ratios to average net assets Net investment income/(loss) -8.50 % -4.51 % -4.51 % -4.51 % -4.51 % -8.23 % -4.24 % -4.24 % Expenses before incentive fees (3)(4) 8.48 % 4.49 % 4.49 % 4.49 % 4.49 % 8.23 % 4.24 % 4.24 % Expenses after incentive fees (3)(4) 8.54 % 4.56 % 4.56 % 4.56 % 4.56 % 8.23 % 4.24 % 4.24 % Total return before incentive fees (2) 0.92 % 3.92 % 4.12 % 4.04 % 4.03 % -4.03 % -1.13 % -1.13 % Total return after incentive fees (2) 0.86 % 3.86 % 4.06 % 3.98 % 3.97 % -4.03 % -1.13 % -1.13 % Frontier Winton Fund Frontier Heritage Fund Class 1 Class 1AP Class 2 Class 1 Class 1AP Class 2 Per unit operating performance (1) Net asset value, December 31, 2016 $ 154.51 $ 166.17 $ 210.98 $ 119.58 $ 128.60 $ 172.10 Net operating results: Interest income 0.32 0.35 0.44 0.00 0.00 0.00 Expenses (13.04 ) (9.32 ) (11.79 ) (9.12 ) (6.22 ) (8.35 ) Net gain/(loss) on investments, net of non-controlling interests 17.29 19.24 16.87 10.73 11.90 15.95 Net income/(loss) 4.57 10.27 5.52 1.61 5.68 7.60 Net asset value, December 31, 2017 $ 159.08 $ 176.44 $ 216.50 $ 121.19 $ 134.28 $ 179.70 Ratios to average net assets Net investment income/(loss) -11.41 % -7.42 % -7.42 % -10.67 % -6.68 % -6.68 % Expenses before incentive fees (3)(4) 11.98 % 8.00 % 8.00 % 10.73 % 6.74 % 6.74 % Expenses after incentive fees (3)(4) 11.69 % 7.71 % 7.71 % 10.67 % 6.68 % 6.68 % Total return before incentive fees (2) 2.67 % 5.89 % 2.33 % 1.29 % 4.36 % 4.36 % Total return after incentive fees (2) 2.96 % 6.18 % 2.62 % 1.35 % 4.42 % 4.42 % (1) Interest income and expenses per unit are calculated by dividing these amounts by the average number of units outstanding during the period. The net gain/(loss) on investments, net of non-controlling interests is a balancing amount necessary to reconcile the change in net asset value per unit with the other per unit information. (2) Impact of incentive fee computed using average net assets, otherwise computed using average units outstanding during the period prior to the effects of any non-controlling transactions. An owner’s total returns may vary from the above returns based on the timing of contributions and withdrawals. Total returns are not annualized. (3) Expense ratios do not reflect interest allocated to the Managing Owner as such expenses are not included in the Statements of Operations of the Series, see footnote 6. (4) Expense ratios do not include management and incentive fees at the Galaxy Plus entities. The ratios would have been higher had those expenses been included. The impact of those fees are included in the total return. For the year ended December 31, 2016 Frontier Diversified Fund Frontier Masters Fund Frontier Long/Short Commodity Fund Class 1 Class 2 Class 3 Class 1 Class 2 Class 3 Class 1a Class 2 Class 2a Class 3 Class 3a Per unit operating performance (1) Net asset value, December 31, 2015 $ 115.52 $ 129.60 $ 119.87 $ 112.87 $ 126.60 $ 117.57 $ 94.76 $ 132.10 $ 106.19 $ 132.14 $ 106.86 Net operating results: Interest income 0.67 0.75 0.70 0.77 0.87 0.81 0.19 0.26 0.20 0.26 0.21 Expenses (10.13 ) (7.17 ) (6.64 ) (9.79 ) (8.07 ) (7.50 ) (5.68 ) (5.17 ) (4.17 ) (5.18 ) (4.21 ) Net gain/(loss) on investments, net of non-controlling interests 10.37 9.76 9.34 8.95 9.38 9.01 3.50 2.37 3.46 3.58 4.64 Net income/(loss) 0.91 3.34 3.40 (0.07 ) 2.18 2.32 (1.98 ) (2.54 ) (0.52 ) (1.34 ) 0.64 Net asset value, December 31, 2016 $ 116.43 $ 132.94 $ 123.27 $ 112.80 $ 128.78 $ 119.89 $ 92.78 $ 129.56 $ 105.67 $ 130.80 $ 107.50 Ratios to average net assets Net investment income/(loss) -10.07 % -5.79 % -5.79 % -9.87 % -6.84 % -6.84 % -7.65 % -4.84 % -4.84 % -4.84 % -4.83 % Expenses before incentive fees (3)(4) 8.82 % 4.54 % 4.54 % 9.54 % 6.51 % 6.51 % 7.49 % 4.68 % 4.68 % 4.68 % 4.63 % Expenses after incentive fees (3)(4) 10.83 % 6.55 % 6.55 % 10.75 % 7.72 % 7.72 % 7.91 % 5.10 % 5.10 % 5.10 % 5.09 % Total return before incentive fees (2) 2.79 % 4.58 % 4.84 % 1.15 % 2.93 % 3.18 % -1.67 % -1.50 % -0.07 % -0.60 % 1.05 % Total return after incentive fees (2) 0.79 % 2.58 % 2.84 % -0.06 % 1.72 % 1.97 % -2.09 % -1.92 % -0.49 % -1.01 % 0.60 % Frontier Balanced Fund Frontier Select Fund Class 1 Class 1AP Class 2 Class 2a Class 3a Class 1 Class 1AP Class 2 Per unit operating performance (1) Net asset value, December 31, 2015 $ 128.03 $ 133.59 $ 179.69 $ 154.88 $ 154.37 $ 90.35 $ 94.28 $ 125.11 Net operating results: Interest income 0.15 0.15 0.21 0.18 0.18 0.01 0.00 0.01 Expenses (8.21 ) (4.49 ) (6.04 ) (5.22 ) (5.21 ) (6.11 ) (3.30 ) (4.37 ) Net gain/(loss) on investments, net of non-controlling interests 14.83 15.72 21.13 19.21 19.15 9.81 10.18 13.50 Net income/(loss) 6.77 11.38 15.30 14.17 14.12 3.71 6.88 9.14 Net asset value, December 31, 2016 $ 134.80 $ 144.97 $ 194.99 $ 169.05 $ 168.49 $ 94.06 $ 101.16 $ 134.25 Ratios to average net assets Net investment income/(loss) -7.65 % -3.62 % -3.62 % -3.62 % -3.62 % -8.44 % -4.26 % -4.24 % Expenses before incentive fees (3)(4) 6.20 % 2.16 % 2.16 % 2.16 % 2.16 % 8.14 % 3.94 % 3.94 % Expenses after incentive fees (3)(4) 7.80 % 3.77 % 3.77 % 3.77 % 3.77 % 8.45 % 4.26 % 4.26 % Total return before incentive fees (2) 6.89 % 10.12 % 10.12 % 10.75 % 10.75 % 4.42 % 7.61 % 7.62 % Total return after incentive fees (2) 5.29 % 8.52 % 8.51 % 9.15 % 9.15 % 4.11 % 7.30 % 7.31 % Frontier Winton Fund Frontier Heritage Fund Class 1 Class 1AP Class 2 Class 1 Class 1AP Class 2 Per unit operating performance (1) Net asset value, December 31, 2015 $ 164.17 $ 171.31 $ 217.51 $ 124.27 $ 129.67 $ 173.54 Net operating results: Interest income 0.04 0.04 0.05 0.02 0.00 0.02 Expenses (12.41 ) (7.86 ) (9.99 ) (7.76 ) (4.25 ) (5.60 ) Net gain/(loss) on investments, net of non-controlling interests 2.72 2.68 3.41 3.05 3.18 4.14 Net income/(loss) (9.66 ) (5.14 ) (6.53 ) (4.69 ) (1.07 ) (1.44 ) Net asset value, December 31, 2016 $ 154.51 $ 166.17 $ 210.98 $ 119.58 $ 128.60 $ 172.10 Ratios to average net assets Net investment income/(loss) -9.91 % -5.88 % -5.88 % -8.17 % -4.15 % -4.14 % Expenses before incentive fees (3)(4) 9.66 % 5.63 % 5.63 % 8.11 % 4.07 % 4.07 % Expenses after incentive fees (3)(4) 9.94 % 5.91 % 5.91 % 8.19 % 4.15 % 4.15 % Total return before incentive fees (2) -5.60 % -2.71 % -2.72 % -3.69 % -0.75 % -0.75 % Total return after incentive fees (2) -5.88 % -3.00 % -3.00 % -3.77 % -0.83 % -0.83 % (1) Interest income and expenses per unit are calculated by dividing these amounts by the average number of units outstanding during the period. The net gain/(loss) on investments, net of non-controlling interests is a balancing amount necessary to reconcile the change in net asset value per unit with the other per unit information. (2) Impact of incentive fee computed using average net assets, otherwise computed using average units outstanding during the period prior to the effects of any non-controlling transactions. An owner’s total returns may vary from the above returns based on the timing of contributions and withdrawals. Total returns are not annualized. (3) Expense ratios do not reflect interest allocated to the Managing Owner as such expenses are not included in the Statements of Operations of the Series, see footnote 6. (4) Expense ratios do not include management and incentive fees at the Galaxy Plus entities. The ratios would have been higher had those expenses been included. The impact of those fees are included in the total return. For the year ended December 31, 2015 Frontier Diversified Fund Frontier Masters Fund Frontier Long/Short Commodity Fund Class 1 Class 2 Class 3 Class 1 Class 2 Class 3 Class 2 Class 3 Class 1a Class 2a Class 3a Per unit operating performance (1) Net asset value, December 31, 2014 $ 113.09 $ 124.67 $ 115.03 $ 116.61 $ 128.53 $ 119.06 $ 138.30 $ 138.34 $ 101.12 $ 111.35 $ 111.77 Net operating results: Interest income 1.25 1.38 1.27 1.26 1.39 1.29 1.30 1.30 0.94 1.04 1.04 Expenses (12.26 ) (10.18 ) (9.38 ) (11.75 ) (10.13 ) (9.34 ) (10.10 ) (10.10 ) (9.53 ) (8.12 ) (8.06 ) Net gain/(loss) on investments, net of non-controlling interests 13.46 13.73 12.95 6.75 6.81 6.56 2.60 2.60 2.23 1.92 2.11 Net income/(loss) 2.43 4.93 4.84 (3.74 ) (1.93 ) (1.49 ) (6.20 ) (6.20 ) (6.36 ) (5.16 ) (4.91 ) Net asset value, December 31, 2015 $ 115.52 $ 129.60 $ 119.87 $ 112.87 $ 126.60 $ 117.57 $ 132.10 $ 132.14 $ 94.76 $ 106.19 $ 106.86 Ratios to average net assets (3) Net investment income/(loss) -9.10 % -6.56 % -6.56 % -8.92 % -6.70 % -6.70 % -6.03 % -6.03 % -8.11 % -6.03 % -6.03 % Expenses before incentive fees (4) 6.60 % 4.06 % 4.06 % 7.45 % 5.23 % 5.23 % 4.89 % 4.89 % 6.97 % 4.89 % 4.78 % Expenses after incentive fees (4) 10.13 % 7.59 % 7.59 % 9.99 % 7.77 % 7.77 % 6.91 % 6.91 % 9.00 % 6.91 % 6.91 % Total return before incentive fees (2) 5.68 % 7.49 % 7.74 % -0.67 % 1.03 % 1.28 % -2.46 % -2.45 % -4.26 % -2.61 % -2.26 % Total return after incentive fees (2) 2.15 % 3.95 % 4.21 % -3.21 % -1.50 % -1.25 % -4.48 % -4.48 % -6.29 % -4.63 % -4.39 % Frontier Balanced Fund Frontier Select Fund Class 1 Class 1AP Class 2 Class 2a Class 3a Class 1 Class 1AP Class 2 Per unit operating performance (1) Net asset value, December 31, 2014 $ 131.54 $ 133.20 $ 179.16 $ 153.02 $ 152.52 $ 95.61 $ 96.82 $ 128.48 Net operating results: Interest income 0.04 0.04 0.06 0.05 0.05 0.00 0.00 0.00 Expenses (8.91 ) (4.94 ) (6.65 ) (5.70 ) (5.68 ) (6.63 ) (3.84 ) (5.11 ) Net gain/(loss) on investments, net of non-controlling interests 5.36 5.29 7.12 7.51 7.50 1.37 1.30 1.74 Net income/(loss) (3.51 ) 0.39 0.53 1.86 1.85 (5.26 ) (2.54 ) (3.37 ) Net asset value, December 31, 2015 $ 128.03 $ 133.59 $ 179.69 $ 154.88 $ 154.37 $ 90.35 $ 94.28 $ 125.11 Ratios to average net assets (3) Net investment income/(loss) -6.50 % -3.50 % -3.50 % -3.50 % -3.50 % -6.91 % -3.91 % -3.91 % Expenses before incentive fees (4) 4.80 % 1.80 % 1.80 % 1.80 % 1.80 % 5.82 % 2.82 % 2.82 % Expenses after incentive fees (4) 6.53 % 3.53 % 3.53 % 3.53 % 3.53 % 6.91 % 3.91 % 3.91 % Total return before incentive fees (2) -0.94 % 2.02 % 2.03 % 2.95 % 2.95 % -4.42 % -1.54 % -1.54 % Total return after incentive fees (2) -2.67 % 0.29 % 0.30 % 1.22 % 1.21 % -5.50 % -2.62 % -2.62 % Frontier Winton Fund Frontier Heritage Fund Class 1 Class 1AP Class 2 Class 1 Class 1AP Class 2 Per unit operating performance (1) Net asset value, December 31, 2014 $ 175.95 $ 178.18 $ 226.23 $ 130.28 $ 131.93 $ 176.56 Net operating results: Interest income 0.00 0.00 0.00 0.00 0.00 0.00 Expenses (15.25 ) (10.28 ) (13.06 ) (9.27 ) (5.42 ) (7.26 ) Net gain/(loss) on investments, net of non-controlling interests 3.47 3.41 4.34 3.26 3.16 4.24 Net income/(loss) (11.78 ) (6.87 ) (8.72 ) (6.01 ) (2.26 ) (3.02 ) Net asset value, December 31, 2015 $ 164.17 $ 171.31 $ 217.51 $ 124.27 $ 129.67 $ 173.54 Ratios to average net assets (3) Net investment income/(loss) -8.74 % -5.74 % -5.74 % -6.97 % -3.97 % -3.97 % Expenses before incentive fees (4) 6.88 % 3.88 % 3.88 % 5.94 % 2.94 % 2.94 % Expenses after incentive fees (4) 8.74 % 5.74 % 5.74 % 6.97 % 3.97 % 3.97 % Total return before incentive fees (2) -4.83 % -1.99 % -1.99 % -3.58 % -0.68 % -0.68 % Total return after incentive fees (2) -6.70 % -3.86 % -3.85 % -4.61 % -1.71 % -1.71 % (1) Interest income and expenses per unit are calculated by dividing these amounts by the average number of units outstanding during the period. The net gain/(loss) on investments, net of non-controlling interests is a balancing amount necessary to reconcile the change in net asset value per unit with the other per unit information. (2) Impact of incentive fee computed using average net assets, otherwise computed using average units outstanding during the period prior to the effects of any non-controlling transactions. An owner’s total returns may vary from the above returns based on the timing of contributions and withdrawals. Total returns are not annualized. (3) Annualized with the exception of incentive fees. (4) Expense ratios do not reflect interest allocated to the Managing Owner as such expenses are not included in the Statements of Operations of the Series, see footnote 6. |
Equinox Frontier Fund [Member] | |
Financial Highlights | 7. Financial Highlights The following information presents the financial highlights of the Trust for the year ended December 31, 2017, 2016 and 2015. This data has been derived from the information presented in the consolidated financial statements. 2017 2016 2015 Ratios to average net assets (1) Net investment gain/(loss) (1) -5.44 % -5.50 % -6.70 % Expenses before incentive fees (3) 5.68 % 4.48 % 4.90 % Expenses after incentive fees (3) 5.60 % 5.75 % 7.10 % Total return before incentive fees (2) 1.20 % 3.62 % 0.60 % Total return after incentive fees (2) 1.29 % 2.35 % -1.60 % (1) Annualized with the exception of incentive fees. (2) Total returns are not annualized. (3) Expense ratios do not reflect interest allocated to the Managing Owner as such expenses are not included in the Consolidated Statements of Operations of the Trust. See footnote 5. The Trust financial highlights are calculated based upon the Trust’s consolidated financial statements. The consolidated Trust does not issue units and therefore the financial highlights do not disclose any unitized data. |
The Trading Companies of the Equinox Frontier Funds [Member] | |
Financial Highlights | 5. Financial Highlights The following information presents the financial highlights of the Trading Companies for the years ended December 31, 2017, 2016 and 2015. Frontier Trading Frontier Trading Frontier Trading Company I LLC Company II LLC Company VII, LLC (1) 12/31/2017 12/31/2016 12/31/2015 12/31/2017 12/31/2016 12/31/2015 12/31/2017 12/31/2016 12/31/2015 Net Investment Gain 0.33 % -0.01 % -0.11 % 0.36 % 0.04 % 0.02 % 0.00 % 0.05 % -0.02 % Total Return -6.34 % 19.51 % 63.74 % 37.39 % 36.78 % 67.48 % 0.00 % 145.34 % 117.20 % Frontier Trading Frontier Trading Frontier Trading Company XIV, LLC (2) Company XV, LLC (5) Company XXIII, LLC (3) 12/31/2017 12/31/2016 12/31/2015 12/31/2017 12/31/2016 12/31/2015 12/31/2017 12/31/2016 12/31/2015 Net Investment Gain 0.00 % 0.11 % -0.01 % 0.00 % 0.01 % 0.01 % 0.00 % -0.42 % -0.45 % Total Return 0.00 % 75.41 % -27.64 % -10.32 % 32.45 % -0.93 % 0.00 % -99.99 % 48.44 % Frontier Trading Frontier Trading Frontier Trading Company XXIX, LLC (4) Company XXXIX, LLC Company XXXIV, LLC 12/31/2017 12/31/2016 12/31/2015 12/31/2017 12/31/2016 12/31/2015 12/31/2017 12/31/2016 12/31/2015 Net Investment Gain 0.00 % 0.06 % -0.04 % 0.00 % 0.00 % 0.00 % 0.00 % 0.00 % -0.02 % Total Return 0.00 % -100.00 % -56.27 % 7.25 % 5.02 % 5.57 % 0.63 % 2.30 % 1.43 % Frontier Trading Frontier Trading Frontier Trading Company XXXV, LLC Company XXXVII, LLC Company XXXVIII, LLC 12/31/2017 12/31/2016 12/31/2015 12/31/2017 12/31/2016 12/31/2015 12/31/2017 12/31/2016 12/31/2015 Net Investment Gain 0.00 % 0.00 % 0.00 % 0.00 % 0.00 % 0.00 % 0.00 % -0.02 % -0.04 % Total Return -1.23 % 7.97 % 32.20 % 14.83 % -2.57 % -2.86 % -5.85 % -71.58 % -58.46 % (1) Trading Company VII ceased operations April 28, 2016 (2) Trading Company XIV ceased operations April 21, 2016 (3) Trading Company XXIII ceased operations July 22, 2016 (4) Trading Company XXIX ceased operations January 29, 2016 (5) Trading Company XV ceased trading operations May 9, 2017 |
Galaxy Plus Fund LLC [Member] | |
Financial Highlights | Note 8. Financial highlights Financial highlights for each Fund and its respective Class(es) for the periods ended December 31, 2017 are presented in the table below. The information has been derived from information presented in the financial statements. Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - 510 Series 510 Series 510 Series 510 Series Class A Class B Class C Class EF Total return before incentive fee 6.18 % 7.93 % 12.23 % 22.27 % Incentive fee -0.11 % -1.57 % -2.08 % -1.14 % Total return after incentive fee (A) 6.07 % 6.36 % 10.15 % 21.13 % Ratio to average members’ equity (B): Expenses excluding incentive fee 2.34 % 5.31 % * 7.42 % 2.37 % Incentive fee 0.11 % 1.57 % 2.08 % 1.14 % Total expenses and incentive fee 2.45 % 6.88 % 9.50 % 3.51 % Net investment income (loss) (C) -2.27 % -6.38 % * -9.00 % -3.01 % Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - 516 Series 516 Series 517 Series 518 Series Class C Class EF Class EF Class C Total return before incentive fee -9.99 % 43.89 % -7.66 % 3.11 % Incentive fee 0.00 % -13.39 % 0.00 % 0.00 % Total return after incentive fee (A) -9.99 % 30.50 % -7.66 % 3.11 % Ratio to average members’ equity (B): Expenses excluding incentive fee 8.86 % * 5.44 % 4.84 % 5.77 % * Incentive fee 0.00 % 13.39 % 0.00 % 0.00 % Total expenses and incentive fee 8.86 % 18.83 % 4.84 % 5.77 % Net investment income (loss) (C) -8.86 % * -18.83 % -4.84 % -5.53 % * Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - 518 Series 522 Series 526 Series 526 Series Class EF Class EF Class A Class B Total return before incentive fee 9.76 % -50.89 % 28.51 % 4.78 % Incentive fee 0.00 % 0.00 % -4.79 % -1.51 % Total return after incentive fee (A) 9.76 % -50.89 % 23.72 % 3.27 % Ratio to average members’ equity (B): Expenses excluding incentive fee 3.86 % 10.24 % 0.94 % 1.59 %* Incentive fee 0.00 % 0.00 % 4.79 % 1.51 % Total expenses and incentive fee 3.86 % 10.24 % 5.73 % 3.10 % Net investment income (loss) (C) -3.70 % -10.24 % -5.64 % -3.09 %* Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - 526 Series 526 Series 527 Series 528 Series Class C Class EF Class EF Class EF Total return before incentive fee 24.34 % 38.72 % -4.04 % 4.78 % Incentive fee -2.54 % -11.07 % 0.00 % -1.33 % Total return after incentive fee (A) 21.80 % 27.65 % -4.04 % 3.45 % Ratio to average members’ equity (B): Expenses excluding incentive fee 1.69 % 2.70 % 3.06 % 1.98 % Incentive fee 2.54 % 11.07 % 0.00 % 1.33 % Total expenses and incentive fee 4.23 % 13.77 % 3.06 % 3.31 % Net investment income (loss) (C) -4.18 % -13.73 % -2.72 % -3.31 % Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - 531 Series 532 Series 535 Series 538W Series Class EF Class EF Class EF Class EF Total return before incentive fee 9.92 % 1.14 % -8.09 % 3.51 % Incentive fee -0.20 % -0.01 % 0.00 % -1.15 % Total return after incentive fee (A) 9.72 % 1.13 % -8.09 % 2.36 % Ratio to average members’ equity (B): Expenses excluding incentive fee 6.00 % * 3.43 % 2.82 % 2.59 % * Incentive fee 0.20 % 0.01 % 0.00 % 1.15 % Total expenses and incentive fee 6.20 % 3.44 % 2.82 % 3.74 % Net investment income (loss) (C) -5.75 % * -3.43 % -2.67 % -3.66 % * * Ratios annualized for partial periods. (A) Total return is based on the change in average members’ equity during the period of a theoretical investment made at the inception of the Fund. (B) The total expense and net investment income (loss) ratios are computed based upon weighted-average members’ equity as a whole for the periods ended December 31, 2017. (C) The net investment income/ (loss) ratio excludes net realized and unrealized gains (losses) on investments. Financial highlights are calculated for each permanent, non-managing class of interest. An individual member’s return and ratios may vary based on different incentive and/or management fee arrangements, and the timing of capital interest transactions. The net investment income/ (loss) and total expense ratios, excluding nonrecurring expenses, have been annualized for partial periods. Total returns have not been annualized. |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | |
Financial Highlights | Note 7. Financial Highlights Financial highlights of the Master Fund for the year ended December 31, 2017 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) 5.24 % Ratio to average member’s equity (B): Net investment income (C) 0.33 % Total expenses 0.00 % (A) Total return is based on the change in average member’s equity during the period of a theoretical investment made at the inception of the Master Fund. (B) The total expense and net investment income ratios are computed based upon weighted-average member’s equity as a whole for the year ended December 31, 2017. (C) The net investment income ratio excludes net realized and unrealized gains (losses) on investments. Financial highlights are calculated for each member class taken as a whole. An individual member’s return and ratios may vary based on the timing of capital transactions. The total return and net investment income would have been lower, and total expense ratios would have been higher if the management and incentive fees, as well as the sponsor fees, had been charged to the Master Fund. |
Galaxy Plus Fund - Chesapeake Master Fund (518) LLC [Member] | |
Financial Highlights | Note 7. Financial Highlights Financial highlights of the Master Fund for the year ended December 31, 2017 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) 15.58 % Ratio to average member’s equity (B): Net investment income (C) 0.18 % Total expenses 0.00 % (A) Total return is based on the change in average member’s equity during the period of a theoretical investment made at the inception of the Master Fund. (B) The total expense and net investment income ratios are computed based upon weighted-average member’s equity as a whole for the period ended December 31, 2017. (C) The net investment income ratio excludes net realized and unrealized gains (losses) on investments. Financial highlights are calculated for each member class taken as a whole. An individual member’s return and ratios may vary based on the timing of capital transactions. The total return and net investment income would have been lower and total expense ratios would have been higher if the Trading Advisor management and incentive fees, as well as the sponsor fees, had been charged to the Master Fund instead of the Feeder Fund. |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | |
Financial Highlights | Note 7. Financial Highlights Financial highlights of the Master Fund for the year ended December 31, 2017 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) 6.98 % Ratio to average member’s equity (B): Net investment income (C) — % Total expenses — % (A) Total return is based on the change in average member’s equity during the period of a theoretical investment made at the inception of the Master Fund. (B) The total expense and net investment income ratios are computed based upon weighted-average member’s equity as a whole for the year ended December 31, 2017. (C) The net investment income ratio excludes net realized and unrealized gains (losses) on investments. Financial highlights are calculated for each member class taken as a whole. An individual member’s return and ratios may vary based on the timing of capital transactions. The total return and net investment income would have been lower, and total expense ratios would have been higher if the management and incentive fees, as well as sponsor fees, had been charged to the Master Fund. |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | |
Financial Highlights | Note 7. Financial Highlights Financial highlights of the Master Fund for the year ended December 31, 2017 are presented in the table below. The information has been derived from information presented in the financial statements. Total Return (A) 55.42 % Ratio to average member’s equity (B): Net investment income (C) — % Total expenses — % (A) Total return is based on the change in average member’s equity during the period of a theoretical investment made at the inception of the Master Fund. (B) The total expense and net investment income ratios are computed based upon weighted-average member’s equity as a whole for the period ended December 31, 2017. (C) The net investment income ratio excludes net realized and unrealized gains (losses) on investments. Financial highlights are calculated for each member class taken as a whole. An individual member’s return and ratios may vary based on the timing of capital transactions. The total return and the net investment income would have been lower and total expense ratios would have been higher if the management and incentive fees, as well as sponsor fees that are recorded at the Feeder Fund, had been charged to the Master Fund. |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | |
Financial Highlights | Note 7. Financial Highlights Financial highlights of the Master Fund for the year ended December 31, 2017 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) 25.34 % Ratio to average member’s equity (B): Net investment income (C ) 0.50 % Total expenses (0.09 )% (A) Total return is based on the change in average member’s equity during the period of a theoretical investment made at the inception of the Master Fund. (B) The total expense and net investment income ratios are computed based upon weighted-average member’s equity as a whole for the year ended December 31, 2017. (C) The net investment income ratio excludes net realized and unrealized gains (losses) on investments. Financial highlights are calculated for each member class taken as a whole. An individual member’s return and ratios may vary based on the timing of capital transactions. The total return and net investment income would have been lower, and total expense ratios would have been higher if the Trading Advisor management and incentive fees, as well as the sponsor fees, had been charged to the Master Fund instead of the Feeder Fund. |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | |
Financial Highlights | Note 7. Financial Highlights Financial highlights of the Master Fund for the year ended December 31, 2017 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) (44.37 )% Ratio to average member’s equity (B): Net investment income (C) 0.00 % Total expenses 0.00 % (A) Total return is based on the change in average member’s equity during the period of a theoretical investment made at the inception of the Master Fund. (B) The total expense and net investment income ratios are computed based upon weighted-average member’s equity as a whole for the year ended December 31, 2017. (C) The net investment income ratio excludes net realized and unrealized gains (losses) on investments. Financial highlights are calculated for each member class taken as a whole. An individual member’s return and ratios may vary based on the timing of capital transactions. The total return and net investment income would have been lower, and total expense ratios would have been higher if the management and incentive fees, as well as sponsor fees, had been charged to the Master Fund. |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | |
Financial Highlights | Note 7. Financial Highlights Financial highlights of the Master Fund for the year December 31, 2017 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) 42.66 % Ratio to average member’s equity (B): Net investment income (C) 0.05 % Total expenses 0.00 % (A) Total return is based on the change in average member’s equity during the period of a theoretical investment made at the inception of the Master Fund. (B) The total expense and net investment income ratios are computed based upon weighted-average member’s equity as a whole for the year ended December 31, 2017. (C) The net investment income ratio excludes net realized and unrealized gains (losses) on investments. Financial highlights are calculated for each member class taken as a whole. An individual member’s return and ratios may vary based on the timing of capital transactions. The total return would have been lower, and the net investment loss and total expense ratios would have been higher if the management and incentive fees, as well as sponsor fee, had been charged to the Master Fund. |
Galaxy Plus Fund - Quantmetrics Master Fund (527) LLC [Member] | |
Financial Highlights | Note 7. Financial Highlights Financial highlights of the Master Fund for the year ended December 31, 2017 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) (0.91 )% Ratio to average member’s equity (B): Net investment income (C) 0.34 % Total expenses — % (A) Total return is based on the change in average member’s equity during the period of a theoretical investment made at the inception of the Master Fund. (B) The total expense and net investment income ratios are computed based upon weighted-average member’s equity as a whole for the year ended December 31, 2017. (C) The net investment income ratio excludes net realized and unrealized gains (losses) on investments. Financial highlights are calculated for each member class taken as a whole. An individual member’s return and ratios may vary based on the timing of capital transactions. The negative total return would have been larger, the net investment income would have been lower, and total expense ratios would have been higher if the management and incentive fees, as well as sponsor fee, had been charged to the Master Fund. |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | |
Financial Highlights | Note 7. Financial Highlights Financial highlights of the Master Fund for the year ended December 31, 2017 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) (1.91 )% Ratio to average member’s equity (B): Net investment loss(C) (0.04 )% Total expenses 0.04 % (A) Total return is based on the change in average member’s equity during the period of a theoretical investment made at the inception of the Master Fund. (B) The total expense and net investment loss ratios are computed based upon weighted-average member’s equity as a whole for the year ended December 31, 2017. (C) The net investment loss ratio excludes net realized and unrealized gains (losses) on investments. Financial highlights are calculated for each member class taken as a whole. An individual member’s return and ratios may vary based on the timing of capital transactions. The negative total return would have been larger, and the net investment loss and total expense ratios would have been higher if the management and incentive fees, as well as sponsor fees, had been charged to the Master Fund. |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | |
Financial Highlights | Note 7. Financial Highlights Financial highlights of the Master Fund for the year ended December 31, 2017 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) (5.46 )% Ratio to average member’s equity (B): Net investment income (C) 0.13 % Total expenses 0.00 % (A) Total return is based on the change in average member’s equity during the period of a theoretical investment made at the inception of the Master Fund. (B) The total expense and net investment income ratios are computed based upon weighted-average member’s equity as a whole for the year ended December 31, 2017. (C) The net investment income ratio excludes net realized and unrealized gains (losses) on investments. Financial highlights are calculated for each member class taken as a whole. An individual member’s return and ratios may vary based on the timing of capital transactions. The negative total return would have been higher, the net investment income would have been lower and total expense ratios would have been higher if the management, incentive fees as well as sponsor fee, had been charged to the Master Fund. |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | |
Financial Highlights | Note 8. Financial Highlights Financial highlights of the Master Fund for the period May 10, 2017 (commencement of operations) through December 31, 2017 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) 14.51 % Ratio to average member’s equity (B): Net investment income(C) 0.45 % Total expenses 0.00 % (A) Total return is based on the change in average member’s equity during the period of a theoretical investment made at the inception of the Master Fund. (B) The total expense and net investment income ratios are computed based upon weighted-average member’s equity as a whole for the period ended December 31, 2017. (C) The net investment income ratio excludes net realized and unrealized gains (losses) on investments. Financial highlights are calculated for each member class taken as a whole. An individual member’s return and ratios may vary based on the timing of capital transactions. The total return and net investment income would have been lower, and total expense ratios would have been higher if the management and incentive fees, as well as sponsor fee, had been charged to the Master Fund. The ratios, excluding nonrecurring expenses, have been annualized. Total return has not been annualized. |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | |
Financial Highlights | Note 7. Financial Highlights Financial highlights of the Master Fund for the period from March 28, 2017 (commencement of operations) through December 31, 2017 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) 5.60 % Ratio to average member’s equity (B): Net investment income(C) 0.08 % Total expenses 0.00 % (A) Total return is based on the change in average member’s equity during the period of a theoretical investment made at the inception of the Master Fund. (B) The total expense and net investment income ratios are computed based upon weighted-average member’s equity as a whole for the period ended December 31, 2017. (C) The net investment income ratio excludes net realized and unrealized gains (losses) on investments. Financial highlights are calculated for each member class taken as a whole. An individual member’s return and ratios may vary based on the timing of capital transactions. The total return and net investment income would have been lower, and total expense ratios would have been higher if the management and incentive fees, as well as sponsor fees, had been charged to the Master Fund. The ratios, excluding nonrecurring expenses, have been annualized. Total return has not been annualized. |
Derivative Instruments and Hedg
Derivative Instruments and Hedging Activities | 12 Months Ended |
Dec. 31, 2017 | |
Series Of Frontier Fund [Member] | |
Derivative Instruments and Hedging Activities | 8. Derivative Instruments and Hedging Activities The Series’ primary business is to engage in speculative trading of a diversified portfolio of futures, forwards (including interbank foreign currencies), options contracts and other derivative instruments (including swap contracts). The Series do not enter into or hold positions for hedging purposes as defined under ASC 815, Derivatives and Hedging The following tables summarize the monthly averages of futures contracts bought and sold for each respective Series of the Trust: For the Year Ended December 31, 2017 Monthly average contracts: Bought Sold Frontier Balanced Fund 1,070 1,008 Frontier Select Fund 4,019 4,191 Frontier Winton Fund 1,998 1,980 For the Year Ended December 31, 2016 Monthly average contracts: Bought Sold Frontier Balanced Fund 3,551 3,667 Frontier Long/Short Commodity Fund 17 7 Frontier Select Fund 2,403 2,134 Frontier Winton Fund 646 768 For the Year Ended December 31, 2015 Monthly average contracts: Bought Sold Frontier Balanced Fund 5,930 6,000 Frontier Diversified Fund 7,657 7,698 Frontier Select Fund 2,213 2,285 Frontier Winton Fund 629 697 The following tables summarize the trading revenues for the years ended December 31, 2017, 2016 and 2015 by sector: Realized Trading Revenue from Futures, Forwards and Options Frontier Balanced Frontier Select Frontier Winton Type of contract Fund Fund Fund Metals $ (134,275 ) $ (143,520 ) $ (1,595,961 ) Currencies 131,422 (290,393 ) (1,676,434 ) Energies 108,921 (485,509 ) (1,185,513 ) Agriculturals (551,945 ) 162,919 727,130 Interest rates (381,197 ) (894,051 ) (1,522,362 ) Stock indices 445,257 1,502,370 9,683,416 Realized trading income/(loss) (1) $ (381,817 ) $ (148,184 ) $ 4,430,276 Realized Trading Revenue from Futures, Forwards and Options Frontier Long/Short Frontier Balanced Frontier Select Frontier Winton Type of contract Commodity Fund Fund Fund Fund Metals $ (34,888 ) $ 182,563 $ (410,694 ) $ (2,388,858 ) Currencies — (13,492 ) 900,699 2,423,468 Energies 62,750 (486,968 ) (341,104 ) (1,997,815 ) Agriculturals (118,076 ) 104,957 (239,338 ) (645,570 ) Interest rates — 5,052,510 1,821,479 3,484,057 Stock indices — (1,061,138 ) 375,929 (282,419 ) Realized trading income/(loss) (1) $ (90,214 ) $ 3,778,432 $ 2,106,971 $ 592,863 Realized Trading Revenue from Futures, Forwards and Options Frontier Frontier Balanced Frontier Select Frontier Winton Type of contract Diversified Fund Fund Fund Fund Metals $ (290,825 ) $ (1,177,902 ) $ 318,485 $ 1,193,164 Currencies 1,383,673 (1,439,511 ) (1,139,499 ) (708,080 ) Energies 583,688 1,689,728 2,554,163 4,578,349 Agriculturals (393,721 ) (713,403 ) (430,337 ) 163,315 Interest rates 4,591,068 2,060,482 465,975 2,023,333 Stock indices 2,725,801 (584,380 ) (383,178 ) (3,884,112 ) Realized trading income/(loss) (1) $ 8,599,684 $ (164,986 ) $ 1,385,609 $ 3,365,969 (1) Amounts recorded in the Statements of Operations under Net realized gain(loss) on futures forwards and options. Net Change in Open Trade Equity from Futures, Forwards and Options Frontier Balanced Frontier Select Frontier Winton Type of contract Fund Fund Fund Metals $ (115,993 ) $ (57,373 ) $ 20,454 Currencies 85,174 (151,187 ) (565,953 ) Energies 78,514 (176,868 ) 124,997 Agriculturals (59,986 ) (26,685 ) 6,743 Interest rates (50,861 ) (214,247 ) (110,137 ) Stock indices 6,424 (59,662 ) (398,394 ) Change in unrealized trading income/(loss) (1) $ (56,728 ) $ (686,022 ) $ (922,290 ) Net Change in Open Trade Equity from Futures, Forwards and Options Frontier Long/Short Frontier Balanced Frontier Select Frontier Winton Type of contract Commodity Fund Fund Fund Fund Metals $ 40,106 $ 60,680 $ (97,042 ) $ (577,784 ) Currencies 88,181 (568,349 ) 231,035 92,870 Energies 310,673 127,622 (457,542 ) (165,261 ) Agriculturals 265,514 (8,243 ) (47,280 ) 105,158 Interest rates 6,479 88,321 435,147 699,717 Stock indices (17,690 ) (40,687 ) 122,797 311,568 Change in unrealized trading income/(loss) (1) $ 693,263 $ (340,656 ) $ 187,115 $ 466,268 Net Change in Open Trade Equity from Futures, Forwards and Options Frontier Long/Short Frontier Balanced Frontier Select Frontier Winton Type of contract Commodity Fund Fund Fund Fund Metals $ 826,351 $ 98,396 $ 341,471 $ (258,245 ) Currencies (193,292 ) 326,929 68,644 (1,135,570 ) Energies 147,793 (655,732 ) (87,484 ) (477,721 ) Agriculturals 90,444 (27,073 ) (193,259 ) 195,067 Interest rates (924,670 ) (1,209,945 ) (1,031,494 ) (587,015 ) Stock indices 503,775 (155,839 ) (298,237 ) 136,082 Change in unrealized trading income/(loss) (1) $ 450,401 $ (1,623,264 ) $ (1,200,359 ) $ (2,127,402 ) (1) Amounts recorded in the Statements of Operations under Net change in open trade equity/(deficit) Certain financial instruments and derivative instruments are eligible for offset in the statements of financial condition under GAAP. The Series’ open trade equity/(deficit), options written, and receivables from futures commissions merchants (each, an “FCM”) are subject to master netting arrangements and collateral arrangements and meet the GAAP guidance to qualify for offset. A master netting arrangement with a counterparty creates a right of offset for amounts due to and from that same counterparty that is enforceable in the event of a default or bankruptcy. The Series’ policy is to recognize amounts subject to master netting arrangements on a net basis on the statements of financial condition. The following tables present gross and net information about the Series’ assets and liabilities subject to master netting arrangements as disclosed on the statements of financial condition as of December 31, 2017 and 2016. As of December 31, 2017 Net Amounts Gross Amounts Presented in the Gross Amounts offset in the Statements of of recognized Statements of Financial Derivative Assets Financial Condition Condition Frontier Balanced Fund Open Trade Equity/(Deficit) $ 343,222 $ (164,670 ) $ 178,552 Swap Contracts 11,340,959 — 11,340,959 Frontier Diversified Fund Swap Contracts $ 6,376,472 $ — $ 6,376,472 Frontier Long/Short Commodity Fund Swap Contracts $ 397,039 $ — $ 397,039 Frontier Heritage Fund Swap Contracts $ 3,094,367 $ — $ 3,094,367 As of December 31, 2016 Net Amounts Gross Amounts Presented in the Gross Amounts offset in the Statements of of recognized Statements of Financial Derivative Assets Financial Condition Condition Frontier Balanced Fund Open Trade Equity/(Deficit) $ 515,659 $ (277,998 ) $ 237,661 Swap Contracts 18,939,450 — 18,939,450 Frontier Diversified Fund Swap Contracts $ 8,637,847 $ — $ 8,637,847 Frontier Long/Short Commodity Fund Swap Contracts $ 4,220,468 $ — $ 4,220,468 Frontier Heritage Fund Swap Contracts $ 8,391,414 $ — $ 8,391,414 Frontier Select Fund Open Trade Equity/(Deficit) $ 1,136,504 $ (450,482 ) $ 686,022 Frontier Winton Fund Open Trade Equity/(Deficit) $ 2,393,850 $ (1,171,326 ) $ 1,222,524 |
Equinox Frontier Fund [Member] | |
Derivative Instruments and Hedging Activities | 8. Derivative Instruments and Hedging Activities The Trust’s primary business is to engage in speculative trading of a diversified portfolio of futures, forwards (including interbank foreign currencies), options contracts and other derivative instruments (including swap contracts). The Trust does not enter into or hold positions for hedging purposes as defined under ASC 815. The detail of the fair value of the Trust’s derivatives by instrument types as of December 31, 2017 and 2016 is included in the Consolidated Condensed Schedules of Investments. See Note 4 for further disclosure related to the Trust’s positions in swap contracts. There are embedded management fees in transacting these swaps ranging from 1% to 1.5% and the embedded incentive fees ranging from 15% to 25%. For the years ended December 31, 2017, 2016 and 2015, the monthly average of futures contracts bought was approximately 7,078, 6,617 and 40,214, respectively and sold was approximately 7,179, 6,576, and 40,589, respectively. The following tables summarize the trading revenues for the years ended December 31, 2017, 2016 and 2015 by contract type: Realized Trading Revenue from Futures, Forwards and Options Type of contract Metals $ (1,881,246 ) Currencies (1,881,971 ) Energies (1,506,874 ) Agriculturals 308,770 Interest rates (2,849,356 ) Stock indices 11,602,528 Realized trading income/(loss) (1) $ 3,791,851 Realized Trading Revenue from Futures, Forwards and Options Type of contract Metals $ (6,470,215 ) Currencies (325,860 ) Energies (1,704,062 ) Agriculturals (1,356,271 ) Interest rates 15,051,999 Stock indices (607,029 ) Realized trading income/(loss) (1) $ 4,588,561 Realized Trading Revenue from Futures, Forwards and Options Type of contract Metals $ 2,815,290 Currencies 20,181 Energies 24,010,764 Agriculturals (1,076,371 ) Interest rates 7,698,430 Stock indices 1,249,470 Realized trading income/(loss) (1) $ 34,717,764 (1) Amounts recorded in the Statements of Operations under Net realized gain(loss) on futures forwards and options. Net Change in Open Trade Equity from Futures, Forwards and Options for the Year Ended December 31, 2017 Type of contract Metals $ 556,638 Currencies (280,451 ) Energies 328,180 Agriculturals (213,814 ) Interest rates (524,406 ) Stock indices (221,354 ) Change in unrealized trading income/(loss) (1) $ (355,207 ) Net Change in Open Trade Equity from Futures, Forwards and Options Type of contract Metals $ 2,214,634 Currencies (833,869 ) Energies 2,892,066 Agriculturals 419,663 Interest rates 1,370,283 Stock indices 748,403 Change in unrealized trading income/(loss) (1) $ 6,811,180 Net Change in Open Trade Equity from Futures, Forwards and Options Type of contract Metals $ (2,022,111 ) Currencies (661,383 ) Energies (11,513,437 ) Agriculturals (220,936 ) Interest rates (5,067,720 ) Stock indices (500,317 ) Change in unrealized trading income/(loss) (1) $ (19,985,903 ) (1) Amounts recorded in the Statements of Operations under Net change in open trade equity/(deficit) Certain financial instruments and derivative instruments are eligible for offset in the statements of financial condition under GAAP. The Trust’s open trade equity/(deficit), options written, and receivables from futures commission merchants (each, an “FCM”) are subject to master netting arrangements and collateral arrangements and meet the GAAP guidance to qualify for offset. A master netting arrangement with a counterparty creates a right of offset for amounts due to and from that same counterparty that is enforceable in the event of a default or bankruptcy. The Trust’s policy is to recognize amounts subject to master netting arrangements on a net basis on the consolidated statements of financial condition. The following tables present gross and net information about the Trust’s assets and liabilities subject the master netting arrangements as disclosed on the consolidated statements of financial condition as of December 31, 2017 and 2016: As of December 31, 2017 Net Amounts Gross Amounts Presented in the offset in the Consolidated Gross Amounts Consolidated Statements of of recognized Statements of Financial Derivative Assets Financial Condition Condition Open Trade Equity/(Deficit) $ 2,758,014 $ (1,189,600 ) $ 1,568,414 Swap Contracts 21,208,838 — 21,208,838 As of December 31, 2016 Net Amounts Gross Amounts Presented in the Gross Amounts offset in the Statements of of recognized Statements of Financial Derivative Assets Financial Condition Condition Open Trade Equity/(Deficit) $ 2,998,612 $ (852,405 ) $ 2,146,207 Swap Contracts 40,189,178 — 40,189,178 |
The Trading Companies of the Equinox Frontier Funds [Member] | |
Derivative Instruments and Hedging Activities | 7. Derivative Instruments and Hedging Activities The Trading Companies’ primary business is to engage in speculative trading of a diversified portfolio of futures, forwards (including interbank foreign currencies), options contracts and other derivative instruments (including swap contracts). The Trading Companies do not enter into or hold positions for hedging purposes as defined under ASC 815. The detail of the fair value of the Trading Companies’ derivatives by instrument types as of December 31, 2017 and 2016 is included in the Condensed Schedules of Investments. See Note 4 for further disclosure related to the Trading Companies’ positions in swap contracts. The following tables summarize the monthly averages of futures contracts bought and sold for each respective Trading Company: For the Year Ended December 31, 2017 Monthly average contracts: Bought Sold Frontier Trading Company I LLC 1,070 1,008 Frontier Trading Company II LLC 1,998 1,980 Frontier Trading Company XV LLC 4,019 4,191 For the Year Ended December 31, 2016 Monthly average contracts: Bought Sold Frontier Trading Company I LLC 18,202 18,243 Frontier Trading Company II LLC 2,082 2,130 Frontier Trading Company VII LLC 3,085 3,086 Frontier Trading Company XIV LLC 795 803 Frontier Trading Company XV LLC 4,154 4,001 Frontier Trading Company XXIII LLC 1,682 1,615 Frontier Trading Company XXIX LLC 64 71 Frontier Trading Company XXXVIII LLC 1,341 1,208 For the Year Ended December 31, 2015 Monthly average contracts: Bought Sold Frontier Trading Company I LLC 14,894 15,185 Frontier Trading Company II LLC 1,508 1,597 Frontier Trading Company VII LLC 13,402 13,274 Frontier Trading Company XIV LLC 1,338 1,359 Frontier Trading Company XV LLC 2,153 2,225 Frontier Trading Company XXIII LLC 2,926 2,962 Frontier Trading Company XXIX LLC 526 537 Frontier Trading Company XXXIV LLC 972 972 Frontier Trading Company XXXVIII LLC 1,275 1,349 The following tables summarize the trading revenues for the years ended December 31, 2017, 2016 and 2015, approximately by sector: Realized Trading Revenue from Futures, Forwards and Options for the Year Ended December 31, 2017 Frontier Trading Frontier Trading Frontier Trading Type of contract Company I LLC Company II LLC Company XV LLC Metals $ (134,275 ) $ (1,603,451 ) $ (143,520 ) Currencies 131,327 (1,711,164 ) (290,393 ) Energies 108,921 (1,130,286 ) (485,509 ) Agriculturals (551,945 ) 697,796 162,919 Interest rates (381,197 ) (1,574,108 ) (894,051 ) Stock indices 445,257 9,654,901 1,502,370 Realized trading income/(loss) (1) $ (381,912 ) $ 4,333,688 $ (148,184 ) Realized Trading Revenue from Futures, Forwards and Options for the Year Ended December 31, 2016 Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of contract Company I LLC Company II LLC Company VII LLC Company X1V LLC Metals $ (570,904 ) $ (2,388,857 ) $ (2,735,981 ) $ 15,680 Currencies (1,134,947 ) 2,449,081 (333,855 ) 180,074 Energies (540,962 ) (1,997,815 ) 1,426,316 173,411 Agriculturals (793,888 ) (645,570 ) 634,825 (128,046 ) Interest rates 6,698,984 3,484,057 (342,396 ) 1,341,209 Stock indices 1,051,934 (282,419 ) (128,497 ) (462,833 ) Realized trading income/(loss) (1) $ 4,710,217 $ 618,478 $ (1,479,588 ) $ 1,119,495 Frontier Trading Frontier Trading Frontier Trading Frontier Trading Company XXIII Company XXIX Company XXXVIII Type of contract Company XV LLC LLC LLC LLC Metals $ (410,694 ) $ 125,165 $ (8,260 ) $ (496,363 ) Currencies 885,773 (661,239 ) 5,174 (1,715,921 ) Energies (341,104 ) (403,582 ) (54,266 ) 33,941 Agriculturals (239,338 ) — 4,630 (188,884 ) Interest rates 1,821,478 3,627,111 154,416 (1,732,861 ) Stock indices 375,929 (660,900 ) 41,389 (541,633 ) Realized trading income/(loss) (1) $ 2,092,044 $ 2,026,555 $ 143,083 $ (4,641,720 ) Realized Trading Revenue from Futures, Forwards and Options for the Year Ended December 31, 2015 Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of contract Company I LLC Company II LLC Company VII LLC Company X1V LLC Metals $ 638,640 $ 412,683 $ 2,770,377 $ (173,565 ) Currencies 1,473,437 (346,462 ) 572,927 (1,062,588 ) Energies 3,075,926 3,898,848 13,476,409 1,755,803 Agriculturals (618,275 ) 295,065 1,146,162 (308,178 ) Interest rates 4,813,887 4,204,957 (803,460 ) 767,420 Stock indices 2,273,642 (1,544,747 ) 173,194 (850,694 ) Realized trading income/(loss) (1) $ 11,657,257 $ 6,920,344 $ 17,335,609 $ 128,198 Frontier Trading Frontier Trading Frontier Trading Frontier Trading Company XXIII Company XXIX Company XXXIV Type of contract Company XV LLC LLC LLC LLC Metals $ 318,485 $ (321,260 ) $ (680,920 ) $ (2,157 ) Currencies (1,140,254 ) (349,146 ) (68,374 ) 31,785 Energies 2,554,164 685,793 (755,954 ) — Agriculturals (430,338 ) — (405,228 ) — Interest rates 466,376 1,569,067 (162,699 ) (69,996 ) Stock indices (383,176 ) 398,225 261,267 (423,235 ) Realized trading income/(loss) (1) $ 1,385,257 $ 1,982,679 $ (1,811,908 ) $ (463,603 ) Frontier Trading Company XXXVIII Type of contract LLC Metals $ (146,993 ) Currencies 776,564 Energies (702,562 ) Agriculturals (755,577 ) Interest rates (2,939,346 ) Stock indices 1,351,855 Realized trading income/(loss) (1) $ (2,416,059 ) (1) Amounts recorded in the Statements of Operations under Net realized gain(loss) on futures forwards and options. Net Change in Open Trade Equity from Futures, Forwards and Options for the Year Ended December 31, 2017 Frontier Trading Frontier Trading Frontier Trading Type of contract Company I LLC Company II LLC Company XV LLC Metals $ (115,993 ) $ 730,004 $ (57,373 ) Currencies 81,844 (183,821 ) (151,187 ) Energies 78,514 426,534 (176,868 ) Agriculturals (59,986 ) (127,143 ) (26,685 ) Interest rates (50,861 ) (259,298 ) (214,247 ) Stock indices 6,424 (168,116 ) (59,662 ) Change in unrealized trading income/(loss) (1) $ (60,058 ) $ 418,160 $ (686,022 ) Net Change in Open Trade Equity from Futures, Forwards and Options for the Year Ended December 31, 2016 Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of contract Company I LLC Company II LLC Company XV LLC Company XIV LLC Metals $ (16,549 ) $ (577,784 ) $ 2,998,383 $ (36,385 ) Currencies (695,645 ) 147,840 (34,630 ) (68,823 ) Energies 109,673 (165,261 ) 3,264,774 87,766 Agriculturals 8,545 105,158 169,070 (2,760 ) Interest rates 43,332 699,717 (2,272 ) 55,947 Stock indices 293,774 311,568 42,046 (70,230 ) Change in unrealized trading income/(loss) (1) $ (256,870 ) $ 521,238 $ 6,437,371 $ (34,485 ) Frontier Trading Frontier Trading Frontier Trading Frontier Trading Company XXIII Company XXIX Company XXXVIII Type of contract Company XV LLC LLC LLC LLC Metals $ (97,042 ) $ (4,280 ) $ 10,744 $ (62,455 ) Currencies 244,511 (118,177 ) (38,876 ) (270,069 ) Energies (457,543 ) 61,323 (10,686 ) 2,020 Agriculturals (47,280 ) — 40,435 146,494 Interest rates 435,147 80,695 5,426 52,293 Stock indices 122,797 8,145 (11,793 ) 52,098 Change in unrealized trading income/(loss) (1) $ 200,590 $ 27,706 $ (4,750 ) $ (79,619 ) Net Change in Open Trade Equity from Futures, Forwards and Options for the Year Ended December 31, 2015 Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of contract Company I LLC Company II LLC Company XV LLC Company XIV LLC Metals $ 225,190 $ 342,136 $ (3,034,728 ) $ 134,618 Currencies (346,776 ) (77,235 ) (166,305 ) 334,553 Energies (487,009 ) (369,441 ) (9,809,446 ) (950,395 ) Agriculturals 28,013 51,330 115,115 (4,647 ) Interest rates (1,490,244 ) (2,060,991 ) 740,922 (437,886 ) Stock indices 878,018 (759,504 ) 122,840 (66,627 ) Change in unrealized trading income/(loss) (1) $ (1,192,808 ) $ (2,873,705 ) $ (12,031,602 ) $ (990,384 ) Frontier Trading Frontier Trading Frontier Trading Frontier Trading Company XXIII Company XXIX Company XXXVIII Type of contract Company XV LLC LLC LLC LLC Metals $ 341,471 $ (66,888 ) $ 30,664 $ 5,425 Currencies 72,012 (39,897 ) 28,909 (466,640 ) Energies (87,414 ) (38,274 ) 332,868 (104,322 ) Agriculturals (193,258 ) — (22,429 ) (195,062 ) Interest rates (1,031,166 ) (705,395 ) (66,993 ) (15,968 ) Stock indices (298,164 ) (70,857 ) (18,428 ) (287,597 ) Change in unrealized trading income/(loss) (1) $ (1,196,519 ) $ (921,311 ) $ 284,591 $ (1,064,164 ) (1) Amounts recorded in the Statements of Operations under Net realized gain/(loss) of furutres, forwards and options. Certain financial instruments and derivative instruments are eligible for offset in the statements of financial condition under GAAP. The Series’ open trade equity/(deficit), options written, and receivables from futures commissions merchants (each, an “FCM”) are subject to master netting arrangements and collateral arrangements and meet the U.S. GAAP guidance to qualify for offset. A master netting arrangement with a counterparty creates a right of offset for amounts due to and from that same counterparty that is enforceable in the event of a default or bankruptcy. The Series’ policy is to recognize amounts subject to master netting arrangements on a net basis on the statements of financial condition. The following tables present gross and net information about the Series’ assets and liabilities subject to master netting arrangements as disclosed on the statements of financial condition as of December 31, 2017 and 2016. Net Amounts of Assets and As of December 31, 2017 Liabilities Presented in the Gross Amounts Gross Amounts of Statements of of recognized recognized Financial Assets Liabilities Condition Frontier Trading Company I, LLC Open Trade Equity/(Deficit) $ 343,222 $ (164,670 ) $ 178,552 Frontier Trading Company II, LLC Open Trade Equity/(Deficit) $ 2,414,792 $ (1,024,930 ) $ 1,389,862 Frontier Trading Company XXXIV, LLC Swap Contracts $ 11,340,959 $ — $ 11,340,959 Frontier Trading Company XXXV, LLC Swap Contracts $ 6,376,472 $ — $ 6,376,472 Frontier Trading Company XXXVII, LLC Swap Contracts $ 397,039 $ — $ 397,039 Frontier Trading Company XXXIX, LLC Swap Contracts $ 3,094,367 $ — $ 3,094,367 As of December 31, 2016 Net Amounts of Derivative Assets and Liabilities Gross Amounts of Gross Amounts of Presented in the recognized recognized Derivative Statements of Derivative Assets Liabilities Financial Condition Frontier Trading Company I, LLC Open Trade Equity/(Deficit) $ 515,659 $ (277,998 ) $ 237,661 Frontier Trading Company II, LLC Open Trade Equity/(Deficit) $ 2,393,850 $ (1,171,326 ) $ 1,222,524 Frontier Trading Company XV, LLC Open Trade Equity/(Deficit) $ 834,176 $ (191,682 ) $ 642,494 Frontier Trading Company XXXIV, LLC Swap Contracts $ 18,939,450 $ — $ 18,939,450 Frontier Trading Company XXXV, LLC Swap Contracts $ 8,637,847 $ — $ 8,637,847 Frontier Trading Company XXXVII, LLC Swap Contracts $ 4,220,468 $ — $ 4,220,468 Frontier Trading Company XXXIX, LLC Swap Contracts $ 8,391,414 $ — $ 8,391,414 |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | |
Derivative Instruments and Hedging Activities | Note 4. Derivative Financial Instruments Derivative financial instruments speculatively traded by the Master Fund can include U.S. and foreign futures, options on futures contracts and forward currency contracts (collectively, derivatives) whose values are based upon an underlying asset, indices, or reference rates, and generally represent future commitments to exchange cash flows, or to purchase or sell other financial instruments at specified future dates. A derivative contract may be traded on an exchange or OTC. Exchange-traded derivatives are standardized and include futures and option on futures contracts. OTC derivative contracts are negotiated between contracting parties and include forward currency contracts and certain options. Derivatives are subject to various risks similar to those related to the underlying financial instruments including market and credit risks. Market risk is the potential for changes in the value of derivatives due to market changes, including interest and foreign exchange rate movements and fluctuations in commodity and security prices. Market risk is directly impacted by the volatility and liquidity in the markets in which the related underlying assets are traded. The market risk of the Master Fund is managed by the underlying Trading Advisors according to each respective Program. The Master Fund is exposed to a market risk equal to the notional contract value of the derivatives contracts purchased and unlimited liability on such contracts sold short. Credit risk is the possibility that a loss may occur due to the failure of a counterparty to perform according to the terms of a contract. Credit risk due to exchange traded derivative financial instruments is significantly reduced by the regulatory requirements of the individual exchanges on which the instruments are traded. At any point in time, the credit risk for OTC derivatives is limited to the net unrealized gain for each counterparty for which a netting agreement exists, if any. In a similar fashion, liabilities represent net amounts owed to counterparties. The credit risk exposure for the Master Fund’s outstanding OTC derivatives was $0 at December 31, 2017. Purchase and sale of futures contracts requires margin deposits with the broker. Additional deposits may be necessary for any loss on contract value. The U.S. Commodity Exchange Act requires a broker to segregate all customer transactions and assets from such broker’s proprietary activities. A customer’s cash and other property (for example, U.S. Treasury bills) deposited with a broker are considered commingled with all other customer funds subject to the broker’s segregation requirements. In the event of a broker’s insolvency, recovery may be limited to a pro rata share of segregated funds available. It is possible that the recovered amount could be less than total cash and other property deposited. The Master Fund has a substantial portion of its assets on deposit with counterparties. In the event of a counterparty’s insolvency, recovery of The Master Fund’s assets on deposit may be limited to account insurance or other protection afforded such deposits. The notional value represents amounts related to the Master Fund’s stock exchange indices, commodities, interest rate and foreign currencies upon which the fair value of the futures contracts held by the Master Fund are based. Notional values do not represent the current fair value of, and are not necessarily indicative of the future cash flows of the Master Fund’s futures and forward contracts. Further, the underlying price changes in relation to variables specified by the notional values affects the fair value of these derivative financial instruments. Theoretically, the Master Fund’s exposure is equal to the notional value of contracts purchased and unlimited on such contracts sold short. As of December 31, 2017, the Master Fund had open futures contracts with the following notional values by sector: Description Quantity Notional Value Description Quantity Notional Value Long: Short: Currency 30 $ 4,051,583 Agriculture 47 $ (1,094,482 ) Energy 22 1,491,239 Currency 89 (7,309,063 ) Index 69 7,547,774 Energy 11 (323,420 ) Interest 82 27,174,068 Interest 164 (32,293,167 ) Metals 12 1,118,193 Metals 3 (219,073 ) During the year ended December 31, 2017, the Master Fund participated in 10,098 futures contract transactions. Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Futures contracts: Agriculture $ 8,732 Currency (930,470 ) Energy (74,244 ) Index 1,612,147 Interest (585,404 ) Metals (48,056 ) Total futures contracts (17,295 ) Trading costs (19,993 ) Total net trading gain (loss) (37,288 ) * Includes both realized loss of ($392,885) and unrealized appreciation of $355,597 and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. |
Galaxy Plus Fund - Chesapeake Master Fund (518) LLC [Member] | |
Derivative Instruments and Hedging Activities | Note 4. Derivative Financial Instruments Derivative financial instruments speculatively traded by the Master Fund can include U.S. and foreign futures, options on futures contracts and forward currency contracts (collectively, derivatives) whose values are based upon an underlying asset, indices, or reference rates, and generally represent future commitments to exchange cash flows, or to purchase or sell other financial instruments at specified future dates. A derivative contract may be traded on an exchange or OTC. Exchange-traded derivatives are standardized and include futures and option on futures contracts. OTC derivative contracts are negotiated between contracting parties and include forward currency contracts and certain options. Derivatives are subject to various risks similar to those related to the underlying financial instruments including market and credit risks. Market risk is the potential for changes in the value of derivatives due to market changes, including interest and foreign exchange rate movements and fluctuations in commodity and security prices. Market risk is directly impacted by the volatility and liquidity in the markets in which the related underlying assets are traded. The market risk of the Master Fund is managed by the underlying Trading Advisors according to each respective Program. The Master Fund is exposed to a market risk equal to the notional contract value of the derivatives contracts purchased and unlimited liability on such contracts sold short. Credit risk is the possibility that a loss may occur due to the failure of a counterparty to perform according to the terms of a contract. Credit risk due to exchange traded derivative financial instruments is significantly reduced by the regulatory requirements of the individual exchanges on which the instruments are traded. At any point in time, the credit risk for OTC derivatives is limited to the net unrealized gain for each counterparty for which a netting agreement exists, if any. In a similar fashion, liabilities represent net amounts owed to counterparties. The credit risk exposure for the Master Fund’s outstanding OTC derivatives was $0 at December 31, 2017. Purchase and sale of futures contracts requires margin deposits with the broker. Additional deposits may be necessary for any loss on contract value. The U.S. Commodity Exchange Act requires a broker to segregate all customer transactions and assets from such broker’s proprietary activities. A customer’s cash and other property (for example, U.S. Treasury bills) deposited with a broker are considered commingled with all other customer funds subject to the broker’s segregation requirements. In the event of a broker’s insolvency, recovery may be limited to a pro rata share of segregated funds available. It is possible that the recovered amount could be less than total cash and other property deposited. The Master Fund has a substantial portion of its assets on deposit with counterparties. In the event of a counterparty’s insolvency, recovery of The Master Fund’s assets on deposit may be limited to account insurance or other protection afforded such deposits. The notional value represents amounts related to the Master Fund’s stock exchange indices, commodities, interest rate and foreign currencies upon which the fair value of the futures contracts held by the Master Fund are based. Notional values do not represent the current fair value of, and are not necessarily indicative of the future cash flows of the Master Fund’s futures and forward contracts. Further, the underlying price changes in relation to variables specified by the notional values affects the fair value of these derivative financial instruments. Theoretically, the Master Fund’s exposure is equal to the notional value of contracts purchased and unlimited on such contracts sold short. At December 31, 2017, the Master Fund had no open positions. During the year ended December 31, 2017, the Master Fund participated in 3,485 futures contract transactions. Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Futures contracts: Agriculture $ (264,145 ) Currency (573,440 ) Energy (68,526 ) Index 1,754,597 Interest (498,866 ) Metals 264,686 Total futures 614,306 Trading costs (55,484 ) Total net trading gain (loss) 558,822 *Includes both realized gain of $132,970 and unrealized appreciation of $425,852 and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | |
Derivative Instruments and Hedging Activities | Note 4. Derivative Financial Instruments Derivative financial instruments speculatively traded by the Master Fund can include U.S. and foreign futures, options on futures contracts and forward currency contracts (collectively, derivatives) whose values are based upon an underlying asset, indices, or reference rates, and generally represent future commitments to exchange cash flows, or to purchase or sell other financial instruments at specified future dates. A derivative contract may be traded on an exchange or OTC. Exchange-traded derivatives are standardized and include futures and option on futures contracts. OTC derivative contracts are negotiated between contracting parties and include forward currency contracts and certain options. Derivatives are subject to various risks similar to those related to the underlying financial instruments including market and credit risks. Market risk is the potential for changes in the value of derivatives due to market changes, including interest and foreign exchange rate movements and fluctuations in commodity and security prices. Market risk is directly impacted by the volatility and liquidity in the markets in which the related underlying assets are traded. The market risk of the Master Fund is managed by the underlying Trading Advisors according to each respective Program. The Master Fund is exposed to a market risk equal to the notional contract value of the derivatives contracts purchased and unlimited liability on such contracts sold short. Credit risk is the possibility that a loss may occur due to the failure of a counterparty to perform according to the terms of a contract. Credit risk due to exchange traded derivative financial instruments is significantly reduced by the regulatory requirements of the individual exchanges on which the instruments are traded. At any point in time, the credit risk for OTC derivatives is limited to the net unrealized gain for each counterparty for which a netting agreement exists, if any. In a similar fashion, liabilities represent net amounts owed to counterparties. The credit risk exposure for the Master Fund’s outstanding OTC derivatives was $0 at December 31, 2017. Purchase and sale of futures contracts requires margin deposits with the broker. Additional deposits may be necessary for any loss on contract value. The U.S. Commodity Exchange Act requires a broker to segregate all customer transactions and assets from such broker’s proprietary activities. A customer’s cash and other property (for example, U.S. Treasury bills) deposited with a broker are considered commingled with all other customer funds subject to the broker’s segregation requirements. In the event of a broker’s insolvency, recovery may be limited to a pro rata share of segregated funds available. It is possible that the recovered amount could be less than total cash and other property deposited. The Master Fund has a substantial portion of its assets on deposit with counterparties. In the event of a counterparty’s insolvency, recovery of The Master Fund’s assets on deposit may be limited to account insurance or other protection afforded such deposits. The notional value represents amounts related to the Master Fund’s stock exchange indices, commodities, interest rate and foreign currencies upon which the fair value of the futures contracts held by the Master Fund are based. Notional values do not represent the current fair value of, and are not necessarily indicative of the future cash flows of the Master Fund’s futures and forward contracts. Further, the underlying price changes in relation to variables specified by the notional values affects the fair value of these derivative financial instruments. Theoretically, the Master Fund’s exposure is equal to the notional value of contracts purchased and unlimited on such contracts sold short. As of December 31, 2017, the Master Fund had open futures contracts with the following notional values by sector: Description Quantity Notional Value Long: Index 4 $ 535,600 During the year ended December 31, 2017, the Master Fund participated in 480 futures contract, and 6,032 options on futures contract transactions. Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Options on futures contracts: Index $ 71,809 Total options on futures contracts 71,809 Futures contracts: Index 286,259 Total futures contracts 286,259 Trading costs (30,079 ) Total net trading gain (loss) 327,989 *Includes both realized gain of $368,608 and unrealized depreciation of $40,619 and is located in net realized and unrealized gain (loss) on investments on the statement of operations. |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | |
Derivative Instruments and Hedging Activities | Note 4. Derivative Financial Instruments Derivative financial instruments speculatively traded by the Master Fund can include U.S. and foreign futures, options on futures contracts, and forward currency contracts (collectively, derivatives) whose values are based upon an underlying asset, indices, or reference rates, and generally represent future commitments to exchange cash flows, or to purchase or sell other financial instruments at specified future dates. A derivative contract may be traded on an exchange or OTC. Exchange-traded derivatives are standardized and include futures and option on futures contracts. OTC derivative contracts are negotiated between contracting parties and include forward currency contracts and certain options. Derivatives are subject to various risks similar to those related to the underlying financial instruments including market and credit risks. Market risk is the potential for changes in the value of derivatives due to market changes, including interest and foreign exchange rate movements and fluctuations in commodity and security prices. Market risk is directly impacted by the volatility and liquidity in the markets in which the related underlying assets are traded. The market risk of the Master Fund is managed by the underlying Trading Advisors according to each respective Program. The Master Fund is exposed to a market risk equal to the notional contract value of the derivatives contracts purchased and unlimited liability on such contracts sold short. Credit risk is the possibility that a loss may occur due to the failure of a counterparty to perform according to the terms of a contract. Credit risk due to exchange traded derivative financial instruments is significantly reduced by the regulatory requirements of the individual exchanges on which the instruments are traded. At any point in time, the credit risk for OTC derivatives is limited to the net unrealized gain for each counterparty for which a netting agreement exists, if any. In a similar fashion, liabilities represent net amounts owed to counterparties. The credit risk exposure for the Master Fund’s outstanding OTC derivatives was $0 at December 31, 2017. Purchase and sale of futures contracts requires margin deposits with the broker. Additional deposits may be necessary for any loss on contract value. The U.S. Commodity Exchange Act requires a broker to segregate all customer transactions and assets from such broker’s proprietary activities. A customer’s cash and other property (for example, U.S. Treasury bills) deposited with a broker are considered commingled with all other customer funds subject to the broker’s segregation requirements. In the event of a broker’s insolvency, recovery may be limited to a pro rata share of segregated funds available. It is possible that the recovered amount could be less than total cash and other property deposited. The Master Fund has a substantial portion of its assets on deposit with counterparties. In the event of a counterparty’s insolvency, recovery of The Master Fund’s assets on deposit may be limited to account insurance or other protection afforded such deposits. The notional value represents amounts related to the Master Fund’s stock exchange indices, commodities, interest rate and foreign currencies upon which the fair value of the futures contracts held by the Master Fund are based. Notional values do not represent the current fair value of, and are not necessarily indicative of the future cash flows of the Master Fund’s futures, options, and forward contracts. Further, the underlying price changes in relation to variables specified by the notional values affects the fair value of these derivative financial instruments. Theoretically, the Master Fund’s exposure is equal to the notional value of contracts purchased and unlimited on such contracts sold short. As of December 31, 2017, the Master Fund had open futures contracts with the following notional values by sector: Description Quantity Notional Value Description Quantity Notional Value Long: Short: Agriculture 521 $ 14,991,415 Agriculture 470 $ (13,755,204 ) Energy 2,329 145,809,021 Energy 2,148 (132,029,706 ) Interest 392 95,716,600 Interest 392 (95,662,700 ) Metals 98 7,585,120 Metals 46 (4,208,225 ) During the year ended December 31, 2017, the Master Fund participated in 9,953 futures contract, and 38 options on futures contract transactions. Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Options on futures contracts: Agriculture $ (2,053 ) Energy (15,900 ) Metals (945 ) Total options on future contracts (18,898 ) Futures contracts: Agriculture (1,632,404 ) Energy 7,578,447 Interest 10,188 Metals (293,315 ) Total futures contracts 5,662,916 Trading costs (565,099 ) Total net trading gain (loss) 5,078,919 * Includes both realized gain of $1,185,287 and unrealized appreciation of $3,893,631 and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | |
Derivative Instruments and Hedging Activities | Note 4. Derivative Financial Instruments Derivative financial instruments speculatively traded by the Master Fund can include U.S. and foreign futures, options on futures contracts, and forward currency contracts (collectively, derivatives) whose values are based upon an underlying asset, indices, or reference rates, and generally represent future commitments to exchange cash flows, or to purchase or sell other financial instruments at specified future dates. A derivative contract may be traded on an exchange or OTC. Exchange-traded derivatives are standardized and include futures and option on futures contracts. OTC derivative contracts are negotiated between contracting parties and include forward currency contracts and certain options. Derivatives are subject to various risks similar to those related to the underlying financial instruments including market and credit risks. Market risk is the potential for changes in the value of derivatives due to market changes, including interest and foreign exchange rate movements and fluctuations in commodity and security prices. Market risk is directly impacted by the volatility and liquidity in the markets in which the related underlying assets are traded. The market risk of the Master Fund is managed by the underlying Trading Advisors according to each respective Program. The Master Fund is exposed to a market risk equal to the notional contract value of the derivatives contracts purchased and unlimited liability on such contracts sold short. Credit risk is the possibility that a loss may occur due to the failure of a counterparty to perform according to the terms of a contract. Credit risk due to exchange traded derivative financial instruments is significantly reduced by the regulatory requirements of the individual exchanges on which the instruments are traded. At any point in time, the credit risk for OTC derivatives is limited to the net unrealized gain for each counterparty for which a netting agreement exists, if any. In a similar fashion, liabilities represent net amounts owed to counterparties. The credit risk exposure for the Master Fund’s outstanding OTC derivatives was $0 at December 31, 2017. Purchase and sale of futures contracts requires margin deposits with the broker. Additional deposits may be necessary for any loss on contract value. The U.S. Commodity Exchange Act requires a broker to segregate all customer transactions and assets from such broker’s proprietary activities. A customer’s cash and other property (for example, U.S. Treasury bills) deposited with a broker are considered commingled with all other customer funds subject to the broker’s segregation requirements. In the event of a broker’s insolvency, recovery may be limited to a pro rata share of segregated funds available. It is possible that the recovered amount could be less than total cash and other property deposited. The Master Fund has a substantial portion of its assets on deposit with counterparties. In the event of a counterparty’s insolvency, recovery of The Master Fund’s assets on deposit may be limited to account insurance or other protection afforded such deposits. The notional value represents amounts related to the Master Fund’s stock exchange indices, commodities, interest rate and foreign currencies upon which the fair value of the futures contracts held by the Master Fund are based. Notional values do not represent the current fair value of, and are not necessarily indicative of the future cash flows of the Master Fund’s futures and forward contracts. Further, the underlying price changes in relation to variables specified by the notional values affects the fair value of these derivative financial instruments. Theoretically, the Master Fund’s exposure is equal to the notional value of contracts purchased and unlimited on such contracts sold short. As of December 31, 2017, the Master Fund had open futures contracts with the following notional values by sector: Description Quantity Notional Value Description Quantity Notional Value Long: Short: Currency 37 $ 4,128,244 Currency 105 $ (9,546,523 ) Energy 29 2,073,557 Energy 18 (531,540 ) Index 163 15,327,661 Index 3 (401,400 ) Interest 1,061 228,837,339 Interest 153 (45,536,242 ) Metals 3 247,538 During the year ended December 31, 2017, the Master Fund participated in 22,176 futures contract transactions. Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Futures contracts: Currency $ (261,016 ) Energy 365,809 Index 2,972,478 Interest (382,467 ) Metals 39,583 Total futures contracts 2,734,387 Trading costs (92,111 ) Total net trading gain (loss) $ 2,642,276 * Includes both realized gain of $2,406,278 and unrealized appreciation of $235,998 and is located in net realized and unrealized gain (loss) on investments and foreign currency transactions on the statement of operations. Amounts exclude foreign currency transactions and translation. |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | |
Derivative Instruments and Hedging Activities | Note 4. Derivative Financial Instruments Derivative financial instruments speculatively traded by the Master Fund can include U.S. and foreign futures, options on futures contracts, and forward currency contracts (collectively, derivatives) whose values are based upon an underlying asset, indices, or reference rates, and generally represent future commitments to exchange cash flows, or to purchase or sell other financial instruments at specified future dates. A derivative contract may be traded on an exchange or OTC. Exchange-traded derivatives are standardized and include futures and option on futures contracts. OTC derivative contracts are negotiated between contracting parties and include forward currency contracts and certain options. Derivatives are subject to various risks similar to those related to the underlying financial instruments including market and credit risks. Market risk is the potential for changes in the value of derivatives due to market changes, including interest and foreign exchange rate movements and fluctuations in commodity and security prices. Market risk is directly impacted by the volatility and liquidity in the markets in which the related underlying assets are traded. The market risk of the Master Fund is managed by the underlying Trading Advisors according to each respective Program. The Master Fund is exposed to a market risk equal to the notional contract value of the derivatives contracts purchased and unlimited liability on such contracts sold short. Credit risk is the possibility that a loss may occur due to the failure of a counterparty to perform according to the terms of a contract. Credit risk due to exchange traded derivative financial instruments is significantly reduced by the regulatory requirements of the individual exchanges on which the instruments are traded. At any point in time, the credit risk for OTC derivatives is limited to the net unrealized gain for each counterparty for which a netting agreement exists, if any. In a similar fashion, liabilities represent net amounts owed to counterparties. The credit risk exposure for the Master Fund’s outstanding OTC derivatives was $0 at December 31, 2017. Purchase and sale of futures contracts requires margin deposits with the broker. Additional deposits may be necessary for any loss on contract value. The U.S. Commodity Exchange Act requires a broker to segregate all customer transactions and assets from such broker’s proprietary activities. A customer’s cash and other property (for example, U.S. Treasury bills) deposited with a broker are considered commingled with all other customer funds subject to the broker’s segregation requirements. In the event of a broker’s insolvency, recovery may be limited to a pro rata share of segregated funds available. It is possible that the recovered amount could be less than total cash and other property deposited. The Master Fund has a substantial portion of its assets on deposit with counterparties. In the event of a counterparty’s insolvency, recovery of The Master Fund’s assets on deposit may be limited to account insurance or other protection afforded such deposits. The notional value represents amounts related to the Master Fund’s stock exchange indices, commodities, interest rate and foreign currencies upon which the fair value of the futures contracts held by the Master Fund are based. Notional values do not represent the current fair value of, and are not necessarily indicative of the future cash flows of the Master Fund’s futures, options and forward contracts. Further, the underlying price changes in relation to variables specified by the notional values affects the fair value of these derivative financial instruments. Theoretically, the Master Fund’s exposure is equal to the notional value of contracts purchased and unlimited on such contracts sold short. As of December 31, 2017, the Master Fund had open futures contracts with the following notional values by sector: Description Quantity Notional Value Description Quantity Notional Value Long: Short: Agriculture 48 $ 5,047,873 Agriculture 22 $ (1,006,418 ) Currency 3 129,980 Currency 2 (222,850 ) Energy 12 693,680 Interest 48 (7,513,624 ) Metals 11 905,460 Metals 1 (56,788 ) During the year ended December 31, 2017, the Master Fund participated in 1,063 futures contract, and 124 options on futures contract transactions. Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Options on futures contracts: Agriculture $ (671,274 ) Total options on futures contracts (671,274 ) Futures contracts: Agriculture (768,246 ) Currency (313,939 ) Energy (73,470 ) Index (106,558 ) Interest (485,059 ) Metals 598,898 Total futures contracts (1,148,374 ) Trading costs (42,123 ) Total net trading gain (loss) (1,861,771 ) * Includes both realized loss of ($1,430,309) and unrealized depreciation of ($431,462) and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | |
Derivative Instruments and Hedging Activities | Note 4. Derivative Financial Instruments Derivative financial instruments speculatively traded by the Master Fund can include U.S. and foreign futures, options on futures contracts, and forward currency contracts (collectively, derivatives) whose values are based upon an underlying asset, indices, or reference rates, and generally represent future commitments to exchange cash flows, or to purchase or sell other financial instruments at specified future dates. A derivative contract may be traded on an exchange or OTC. Exchange-traded derivatives are standardized and include futures and option on futures contracts. OTC derivative contracts are negotiated between contracting parties and include forward currency contracts and certain options. Derivatives are subject to various risks similar to those related to the underlying financial instruments including market and credit risks. Market risk is the potential for changes in the value of derivatives due to market changes, including interest and foreign exchange rate movements and fluctuations in commodity and security prices. Market risk is directly impacted by the volatility and liquidity in the markets in which the related underlying assets are traded. The market risk of the Master Fund is managed by the underlying Trading Advisors according to each respective Program. The Master Fund is exposed to a market risk equal to the notional contract value of the derivatives contracts purchased and unlimited liability on such contracts sold short. Credit risk is the possibility that a loss may occur due to the failure of a counterparty to perform according to the terms of a contract. Credit risk due to exchange traded derivative financial instruments is significantly reduced by the regulatory requirements of the individual exchanges on which the instruments are traded. At any point in time, the credit risk for OTC derivatives is limited to the net unrealized gain for each counterparty for which a netting agreement exists, if any. In a similar fashion, liabilities represent net amounts owed to counterparties. The credit risk exposure for the Master Fund’s outstanding OTC derivatives was $0 at December 31, 2017. Purchase and sale of futures contracts requires margin deposits with the broker. Additional deposits may be necessary for any loss on contract value. The U.S. Commodity Exchange Act requires a broker to segregate all customer transactions and assets from such broker’s proprietary activities. A customer’s cash and other property (for example, U.S. Treasury bills) deposited with a broker are considered commingled with all other customer funds subject to the broker’s segregation requirements. In the event of a broker’s insolvency, recovery may be limited to a pro rata share of segregated funds available. It is possible that the recovered amount could be less than total cash and other property deposited. The Master Fund has a substantial portion of its assets on deposit with counterparties. In the event of a counterparty’s insolvency, recovery of The Master Fund’s assets on deposit may be limited to account insurance or other protection afforded such deposits. The notional value represents amounts related to the Master Fund’s stock exchange indices, commodities, interest rate and foreign currencies upon which the fair value of the futures contracts held by the Master Fund are based. Notional values do not represent the current fair value of, and are not necessarily indicative of the future cash flows of the Master Fund’s futures and forward contracts. Further, the underlying price changes in relation to variables specified by the notional values affects the fair value of these derivative financial instruments. Theoretically, the Master Fund’s exposure is equal to the notional value of contracts purchased and unlimited on such contracts sold short. As of December 31, 2017, the Master Fund had open futures contracts with the following notional values by sector: Description Quantity Notional Value Description Quantity Notional Value Long: Short: Currency 106 12,888,050 Currency 35 $ (3,899,875 ) Index 125 10,744,412 Energy 43 (1,988,070 ) Interest 464 67,091,192 Index 59 (5,266,328 ) Metals 109 12,437,700 Interest 249 (44,902,103 ) During the year ended December 31, 2017, the Master Fund participated in 32,525 futures contract transactions. Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Futures contracts: Currency $ 985,336 Energy (1,627,728 ) Index 10,053,801 Interest (2,986,378 ) Metals 942,753 Total futures contracts 7,367,784 Trading costs (213,866 ) Total net trading gain (loss) 7,153,918 * Includes both realized gain of $6,942,830 and unrealized appreciation of $211,088 and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. |
Galaxy Plus Fund - Quantmetrics Master Fund (527) LLC [Member] | |
Derivative Instruments and Hedging Activities | Note 4. Derivative Financial Instruments Derivative financial instruments speculatively traded by the Master Fund can include U.S. and foreign futures, options on futures contracts, and forward currency contracts (collectively, derivatives) whose values are based upon an underlying asset, indices, or reference rates, and generally represent future commitments to exchange cash flows, or to purchase or sell other financial instruments at specified future dates. A derivative contract may be traded on an exchange or OTC. Exchange-traded derivatives are standardized and include futures and option on futures contracts. OTC derivative contracts are negotiated between contracting parties and include forward currency contracts and certain options. Derivatives are subject to various risks similar to those related to the underlying financial instruments including market and credit risks. Market risk is the potential for changes in the value of derivatives due to market changes, including interest and foreign exchange rate movements and fluctuations in commodity and security prices. Market risk is directly impacted by the volatility and liquidity in the markets in which the related underlying assets are traded. The market risk of the Master Fund is managed by the underlying Trading Advisors according to each respective Program. The Master Fund is exposed to a market risk equal to the notional contract value of the derivatives contracts purchased and unlimited liability on such contracts sold short. Credit risk is the possibility that a loss may occur due to the failure of a counterparty to perform according to the terms of a contract. Credit risk due to exchange traded derivative financial instruments is significantly reduced by the regulatory requirements of the individual exchanges on which the instruments are traded. At any point in time, the credit risk for OTC derivatives is limited to the net unrealized gain for each counterparty for which a netting agreement exists, if any. In a similar fashion, liabilities represent net amounts owed to counterparties. The credit risk exposure for the Master Fund’s outstanding OTC derivatives was $0 at December 31, 2017. Purchase and sale of futures contracts requires margin deposits with the broker. Additional deposits may be necessary for any loss on contract value. The U.S. Commodity Exchange Act requires a broker to segregate all customer transactions and assets from such broker’s proprietary activities. A customer’s cash and other property (for example, U.S. Treasury bills) deposited with a broker are considered commingled with all other customer funds subject to the broker’s segregation requirements. In the event of a broker’s insolvency, recovery may be limited to a pro rata share of segregated funds available. It is possible that the recovered amount could be less than total cash and other property deposited. The Master Fund has a substantial portion of its assets on deposit with counterparties. In the event of a counterparty’s insolvency, recovery of The Master Fund’s assets on deposit may be limited to account insurance or other protection afforded such deposits. The notional value represents amounts related to the Master Fund’s stock exchange indices, commodities, interest rate and foreign currencies upon which the fair value of the futures contracts held by the Master Fund are based. Notional values do not represent the current fair value of, and are not necessarily indicative of the future cash flows of the Master Fund’s futures and forward contracts. Further, the underlying price changes in relation to variables specified by the notional values affects the fair value of these derivative financial instruments. Theoretically, the Master Fund’s exposure is equal to the notional value of contracts purchased and unlimited on such contracts sold short. The Master Fund held no open positions as of December 31, 2017. During the year ended December 31, 2017, the Master Fund participated in 28,545 futures contract transactions. Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Futures contracts: Currency $ (52,163 ) Index 1,148,544 Interest (441,876 ) Metals (95,500 ) Total futures 559,005 Trading costs (63,172 ) Total net trading gain (loss) 495,833 * Includes realized gain of $495,833 and is located in net realized gain (loss) on investments the statement of operations. Amounts exclude foreign currency transactions and translation. |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | |
Derivative Instruments and Hedging Activities | Note 4. Derivative Financial Instruments Derivative financial instruments speculatively traded by the Master Fund can include U.S. and foreign futures, options on futures contracts, and forward currency contracts (collectively, derivatives) whose values are based upon an underlying asset, indices, or reference rates, and generally represent future commitments to exchange cash flows, or to purchase or sell other financial instruments at specified future dates. A derivative contract may be traded on an exchange or OTC. Exchange-traded derivatives are standardized and include futures and option on futures contracts. OTC derivative contracts are negotiated between contracting parties and include forward currency contracts and certain options. Derivatives are subject to various risks similar to those related to the underlying financial instruments including market and credit risks. Market risk is the potential for changes in the value of derivatives due to market changes, including interest and foreign exchange rate movements and fluctuations in commodity and security prices. Market risk is directly impacted by the volatility and liquidity in the markets in which the related underlying assets are traded. The market risk of the Master Fund is managed by the underlying Trading Advisors according to each respective Program. The Master Fund is exposed to a market risk equal to the notional contract value of the derivatives contracts purchased and unlimited liability on such contracts sold short. Credit risk is the possibility that a loss may occur due to the failure of a counterparty to perform according to the terms of a contract. Credit risk due to exchange traded derivative financial instruments is significantly reduced by the regulatory requirements of the individual exchanges on which the instruments are traded. At any point in time, the credit risk for OTC derivatives is limited to the net unrealized gain for each counterparty for which a netting agreement exists, if any. In a similar fashion, liabilities represent net amounts owed to counterparties. The credit risk exposure for the Master Fund’s outstanding OTC derivatives was $0 at December 31, 2017. Purchase and sale of futures contracts requires margin deposits with the broker. Additional deposits may be necessary for any loss on contract value. The U.S. Commodity Exchange Act requires a broker to segregate all customer transactions and assets from such broker’s proprietary activities. A customer’s cash and other property (for example, U.S. Treasury bills) deposited with a broker are considered commingled with all other customer funds subject to the broker’s segregation requirements. In the event of a broker’s insolvency, recovery may be limited to a pro rata share of segregated funds available. It is possible that the recovered amount could be less than total cash and other property deposited. The Master Fund has a substantial portion of its assets on deposit with counterparties. In the event of a counterparty’s insolvency, recovery of The Master Fund’s assets on deposit may be limited to account insurance or other protection afforded such deposits. The notional value represents amounts related to the Master Fund’s stock exchange indices, commodities, interest rate and foreign currencies upon which the fair value of the futures contracts held by the Master Fund are based. Notional values do not represent the current fair value of, and are not necessarily indicative of the future cash flows of the Master Fund’s futures and forward contracts. Further, the underlying price changes in relation to variables specified by the notional values affects the fair value of these derivative financial instruments. Theoretically, the Master Fund’s exposure is equal to the notional value of contracts purchased and unlimited on such contracts sold short. As of December 31, 2017, the Master Fund had open futures contracts with the following notional values by sector: Description Quantity Notional Value Description Quantity Notional Value Long: Short: Agriculture 5 $ 150,603 Agriculture 18 $ (480,483 ) Currency 18 2,163,998 Currency 11 (811,413 ) Energy 9 597,879 Energy 7 (206,710 ) Index 30 2,078,033 Index 1 (41,944 ) Interest 18 9,738,076 Interest 81 (13,121,101 ) Metals 4 378,468 During the year ended December 31, 2017, the Master Fund participated in 4,011 futures contract transactions. Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Futures contracts: Agriculture $ (74,980 ) Currency (474,637 ) Energy (335,137 ) Index 882,294 Interest (412,435 ) Metals (67,853 ) Total futures (482,748 ) Trading costs (36,677 ) Total net trading gain (loss) (519,425 ) * Includes both realized loss of ($377,215) and unrealized depreciation of ($142,210) and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | |
Derivative Instruments and Hedging Activities | Note 4. Derivative Financial Instruments Derivative financial instruments speculatively traded by the Master Fund can include U.S. and foreign futures, options on futures contracts, and forward currency contracts (collectively, derivatives) whose values are based upon an underlying asset, indices, or reference rates, and generally represent future commitments to exchange cash flows, or to purchase or sell other financial instruments at specified future dates. A derivative contract may be traded on an exchange or OTC. Exchange-traded derivatives are standardized and include futures and option on futures contracts. OTC derivative contracts are negotiated between contracting parties and include forward currency contracts and certain options. Derivatives are subject to various risks similar to those related to the underlying financial instruments including market and credit risks. Market risk is the potential for changes in the value of derivatives due to market changes, including interest and foreign exchange rate movements and fluctuations in commodity and security prices. Market risk is directly impacted by the volatility and liquidity in the markets in which the related underlying assets are traded. The market risk of the Master Fund is managed by the underlying Trading Advisors according to each respective Program. The Master Fund is exposed to a market risk equal to the notional contract value of the derivatives contracts purchased and unlimited liability on such contracts sold short. Credit risk is the possibility that a loss may occur due to the failure of a counterparty to perform according to the terms of a contract. Credit risk due to exchange traded derivative financial instruments is significantly reduced by the regulatory requirements of the individual exchanges on which the instruments are traded. At any point in time, the credit risk for OTC derivatives is limited to the net unrealized gain for each counterparty for which a netting agreement exists, if any. In a similar fashion, liabilities represent net amounts owed to counterparties. The credit risk exposure for the Master Fund’s outstanding OTC derivatives was $0 at December 31, 2017. Purchase and sale of futures contracts requires margin deposits with the broker. Additional deposits may be necessary for any loss on contract value. The U.S. Commodity Exchange Act requires a broker to segregate all customer transactions and assets from such broker’s proprietary activities. A customer’s cash and other property (for example, U.S. Treasury bills) deposited with a broker are considered commingled with all other customer funds subject to the broker’s segregation requirements. In the event of a broker’s insolvency, recovery may be limited to a pro rata share of segregated funds available. It is possible that the recovered amount could be less than total cash and other property deposited. The Master Fund has a substantial portion of its assets on deposit with counterparties. In the event of a counterparty’s insolvency, recovery of The Master Fund’s assets on deposit may be limited to account insurance or other protection afforded such deposits. The notional value represents amounts related to the Master Fund’s stock exchange indices, commodities, interest rate and foreign currencies upon which the fair value of the futures contracts held by the Master Fund are based. Notional values do not represent the current fair value of, and are not necessarily indicative of the future cash flows of the Master Fund’s futures and forward contracts. Further, the underlying price changes in relation to variables specified by the notional values affects the fair value of these derivative financial instruments. Theoretically, the Master Fund’s exposure is equal to the notional value of contracts purchased and unlimited on such contracts sold short. As of December 31, 2017, the Master Fund had open futures contracts with the following notional values by sector: Description Quantity Notional Value Description Quantity Notional Value Long: Short: Agriculture 4 $ 91,378 Agriculture 2 $ (95,945 ) Currency 5 686,072 Currency 26 (2,009,458 ) Energy 4 241,680 Interest 203 (43,967,292 ) Index 36 2,781,323 Metals 4 (349,295 ) Metals 2 165,025 During the year ended December 31, 2017, the Master Fund participated in 3,146 futures contract transactions. Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Futures contracts: Agriculture $ (4,339 ) Currency (673,839 ) Energy (443,836 ) Index 1,204,095 Interest (833,029 ) Metals (67,760 ) Total futures (818,708 ) Trading costs (37,467 ) Total net trading gain (loss) (856,175 ) * Includes both realized loss of ($770,737) and unrealized depreciation of ($85,438) and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | |
Derivative Instruments and Hedging Activities | Note 4. Derivative Financial Instruments Derivative financial instruments speculatively traded by the Master Fund can include U.S. and foreign futures, options on futures contracts, and forward currency contracts (collectively, derivatives) whose values are based upon an underlying asset, indices, or reference rates, and generally represent future commitments to exchange cash flows, or to purchase or sell other financial instruments at specified future dates. A derivative contract may be traded on an exchange or OTC. Exchange-traded derivatives are standardized and include futures and option on futures contracts. OTC derivative contracts are negotiated between contracting parties and include forward currency contracts and certain options. Derivatives are subject to various risks similar to those related to the underlying financial instruments including market and credit risks. Market risk is the potential for changes in the value of derivatives due to market changes, including interest and foreign exchange rate movements and fluctuations in commodity and security prices. Market risk is directly impacted by the volatility and liquidity in the markets in which the related underlying assets are traded. The market risk of the Master Fund is managed by the underlying Trading Advisors according to each respective Program. The Master Fund is exposed to a market risk equal to the notional contract value of the derivatives contracts purchased and unlimited liability on such contracts sold short. Credit risk is the possibility that a loss may occur due to the failure of a counterparty to perform according to the terms of a contract. Credit risk due to exchange traded derivative financial instruments is significantly reduced by the regulatory requirements of the individual exchanges on which the instruments are traded. At any point in time, the credit risk for OTC derivatives is limited to the net unrealized gain for each counterparty for which a netting agreement exists, if any. In a similar fashion, liabilities represent net amounts owed to counterparties. The credit risk exposure for the Master Fund’s outstanding OTC derivatives was $0 at December 31, 2017. Purchase and sale of futures contracts requires margin deposits with the broker. Additional deposits may be necessary for any loss on contract value. The U.S. Commodity Exchange Act requires a broker to segregate all customer transactions and assets from such broker’s proprietary activities. A customer’s cash and other property (for example, U.S. Treasury bills) deposited with a broker are considered commingled with all other customer funds subject to the broker’s segregation requirements. In the event of a broker’s insolvency, recovery may be limited to a pro rata share of segregated funds available. It is possible that the recovered amount could be less than total cash and other property deposited. The Master Fund has a substantial portion of its assets on deposit with counterparties. In the event of a counterparty’s insolvency, recovery of The Master Fund’s assets on deposit may be limited to account insurance or other protection afforded such deposits. The notional value represents amounts related to the Master Fund’s stock exchange indices, commodities, interest rate and foreign currencies upon which the fair value of the futures contracts held by the Master Fund are based. Notional values do not represent the current fair value of, and are not necessarily indicative of the future cash flows of the Master Fund’s futures and forward contracts. Further, the underlying price changes in relation to variables specified by the notional values affects the fair value of these derivative financial instruments. Theoretically, the Master Fund’s exposure is equal to the notional value of contracts purchased and unlimited on such contracts sold short. As of December 31, 2017, the Master Fund had open futures contracts with the following notional values by sector: Description Quantity Notional Value Description Quantity Notional Value Long: Short: Agriculture 28 $ 961,248 Agriculture 299 $ (6,561,105 ) Currency 323 18,290,774 Currency 126 (10,244,900 ) Energy 90 5,157,500 Energy 47 (1,411,180 ) Index 1,102 18,000,344 Index 242 (1,906,017 ) Interest 479 99,192,538 Interest 317 (95,126,240 ) Metals 89 5,745,792 Metals 45 (3,715,477 ) During the period ended December 31, 2017, the Master Fund participated in 28,539 futures contract transactions and 148 foreign currency forward contract transactions. Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Futures contracts: Agriculture $ (476,657 ) Currency 96,860 Energy 345,664 Index 1,404,391 Interest (489,941 ) Metals (26,319 ) Total futures 853,998 Forward currency contracts: 36,095 Trading costs (54,477 ) Total net trading gain (loss) 835,616 * Includes both realized gain of $270,622 and unrealized appreciation of $564,994 and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | |
Derivative Instruments and Hedging Activities | Note 4. Derivative Financial Instruments Derivative financial instruments speculatively traded by the Master Fund can include U.S. and foreign futures, options on futures contracts, and forward currency contracts (collectively, derivatives) whose values are based upon an underlying asset, indices, or reference rates, and generally represent future commitments to exchange cash flows, or to purchase or sell other financial instruments at specified future dates. A derivative contract may be traded on an exchange or OTC. Exchange-traded derivatives are standardized and include futures and option on futures contracts. OTC derivative contracts are negotiated between contracting parties and include forward currency contracts and certain options. Derivatives are subject to various risks similar to those related to the underlying financial instruments including market and credit risks. Market risk is the potential for changes in the value of derivatives due to market changes, including interest and foreign exchange rate movements and fluctuations in commodity and security prices. Market risk is directly impacted by the volatility and liquidity in the markets in which the related underlying assets are traded. The market risk of the Master Fund is managed by the underlying Trading Advisors according to each respective Program. The Master Fund is exposed to a market risk equal to the notional contract value of the derivatives contracts purchased and unlimited liability on such contracts sold short. Credit risk is the possibility that a loss may occur due to the failure of a counterparty to perform according to the terms of a contract. Credit risk due to exchange traded derivative financial instruments is significantly reduced by the regulatory requirements of the individual exchanges on which the instruments are traded. At any point in time, the credit risk for OTC derivatives is limited to the net unrealized gain for each counterparty for which a netting agreement exists, if any. In a similar fashion, liabilities represent net amounts owed to counterparties. The credit risk exposure for the Master Fund’s outstanding OTC derivatives was $0 at December 31, 2017. Purchase and sale of futures contracts requires margin deposits with the broker. Additional deposits may be necessary for any loss on contract value. The U.S. Commodity Exchange Act requires a broker to segregate all customer transactions and assets from such broker’s proprietary activities. A customer’s cash and other property (for example, U.S. Treasury bills) deposited with a broker are considered commingled with all other customer funds subject to the broker’s segregation requirements. In the event of a broker’s insolvency, recovery may be limited to a pro rata share of segregated funds available. It is possible that the recovered amount could be less than total cash and other property deposited. The Master Fund has a substantial portion of its assets on deposit with counterparties. In the event of a counterparty’s insolvency, recovery of The Master Fund’s assets on deposit may be limited to account insurance or other protection afforded such deposits. The notional value represents amounts related to the Master Fund’s stock exchange indices, commodities, interest rate and foreign currencies upon which the fair value of the futures contracts held by the Master Fund are based. Notional values do not represent the current fair value of, and are not necessarily indicative of the future cash flows of the Master Fund’s futures and forward contracts. Further, the underlying price changes in relation to variables specified by the notional values affects the fair value of these derivative financial instruments. Theoretically, the Master Fund’s exposure is equal to the notional value of contracts purchased and unlimited on such contracts sold short. As of December 31, 2017, the Master Fund had open futures contracts with the following notional values by sector: Description Quantity Notional Value Description Quantity Notional Value Long: Short: Agriculture 329 $ 11,281,880 Agriculture 505 $ (13,753,030 ) Currency 160 17,027,096 Currency 102 (10,468,785 ) Energy 434 27,750,622 Energy 347 (18,749,840 ) Index 461 46,706,817 Index 96 (3,454,200 ) Interest 471 175,633,858 Interest 221 (41,544,126 ) Metals 235 20,502,580 Metals 154 (11,770,098 ) During the period ended December 31, 2017, the Master Fund participated in 18,005 futures contract transactions. Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Futures contracts: Agriculture $ (839,243 ) Currency (1,430,997 ) Energy 503,096 Index 5,720,176 Interest (1,661,552 ) Metals (504,210 ) Total futures 1,787,270 Trading costs (410,762 ) Total net trading gain (loss) 1,376,508 * Includes both realized loss of $893,051 and unrealized appreciation of $483,457 and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. |
Trading Activities and Related
Trading Activities and Related Risks | 12 Months Ended |
Dec. 31, 2017 | |
Series Of Frontier Fund [Member] | |
Trading Activities and Related Risks | 9. Trading Activities and Related Risks The purchase and sale of futures and options on futures contracts require margin deposits with FCMs. Additional deposits may be necessary for any loss on contract value. The CEA requires an FCM to segregate all customer transactions and assets from the FCM’s proprietary activities. A customer’s cash and other property (for example, U.S. treasury bills) deposited with an FCM are considered commingled with all other customer funds subject to the FCM’s segregation requirements. In the event of an FCM’s insolvency, recovery may be limited to a pro rata share of segregated funds available. It is possible that the recovered amount could be less than the total of cash and other property deposited. The term “off-balance sheet risk” refers to an unrecorded potential liability that, even though it does not appear on the statements of financial condition, may result in future obligation or loss in excess of the amount paid by the Series for a particular investment. Each Trading Company expects to trade in futures, options, forward and swap contracts and will therefore be a party to financial instruments with elements of off-balance sheet market and credit risk. In entering into these contracts, there exists a market risk that such contracts may be significantly influenced by market conditions, such as interest rate volatility, resulting in such contracts being less valuable. If the markets should move against all of the futures positions held by a Trading Company in respect of any Series at the same time, and if the Trading Advisor(s) of such Trading Company are unable to offset such futures interests positions, such Trading Company could lose all of its assets and the holders of Units of such Series would realize a 100% loss. The Managing Owner will seek to minimize market risk through real-time monitoring of open positions and the level of diversification of each Trading Advisor’s portfolio. It is anticipated that any Trading Advisor’s margin-to-equity ratio will typically not exceed approximately 35% although the actual ratio could be higher or lower from time to time. In addition to market risk, trading futures, forward and swap contracts entails credit risk that a counterparty will not be able to meet its obligations to a Trading Company. The counterparty for futures contracts traded in the United States and on most foreign exchanges is the clearinghouse associated with such exchange. In general, clearinghouses are backed by the corporate members of the clearinghouse who are required to share any financial burden resulting from the non-performance by one of their members and, as such, should significantly reduce this credit risk. In cases where the clearinghouse is not backed by the clearing members, like some foreign exchanges, it is normally backed by a consortium of banks or other financial institutions. Some non-U.S. exchanges, in contrast to U.S. exchanges, are principals’ markets in which performance is the responsibility only of the individual counterparty with whom the Trading Company has entered into the transaction, and not of the exchange or clearing corporation. In these kinds of markets, there is risk of bankruptcy or other failure or refusal to perform by the counterparty. In the case of forward contracts traded on the interbank market and swaps, neither is traded on exchanges. The counterparty is generally a single bank or other financial institution, rather than a group of financial institutions; thus there may be a greater counterparty credit risk. The Managing Owner expects the Trading Advisors to trade only with those counterparties which it believes to be creditworthy. All positions of each Trading Company will be valued each day on a mark-to-market basis. There can be no assurance that any clearing member, clearinghouse or other counterparty will be able to meet its obligations to any Trading Company. The Managing Owner has established procedures to actively monitor and minimize market and credit risks. The Limited Owners bear the risk of loss only to the extent of the market value of their respective investments and, in certain specific circumstances, distributions and redemptions received. |
Equinox Frontier Fund [Member] | |
Trading Activities and Related Risks | 9. Trading Activities and Related Risks The purchase and sale of futures and options on futures contracts require margin deposits with FCMs. Additional deposits may be necessary for any loss on contract value. The CEA requires an FCM to segregate all customer transactions and assets from the FCM’s proprietary activities. A customer’s cash and other property (for example, U.S. treasury bills) deposited with an FCM are considered commingled with all other customer funds subject to the FCM’s segregation requirements. In the event of an FCM’s insolvency, recovery may be limited to a pro rata share of segregated funds available. It is possible that the recovered amount could be less than the total of cash and other property deposited. The term “off-balance sheet risk” refers to an unrecorded potential liability that, even though it does not appear on the statements of financial condition, may result in future obligation or loss in excess of the amount paid by the Series for a particular investment. Each Trading Company and Galaxy Plus entity expects to trade in futures, options, forward and swap contracts and will therefore be a party to financial instruments with elements of off-balance sheet market and credit risk. In entering into these contracts, there exists a market risk that such contracts may be significantly influenced by market conditions, such as interest rate volatility, resulting in such contracts being less valuable. If the markets should move against all of the futures positions held by a Trading Company or Galaxy Plus entity in respect of any Series at the same time, and if the Trading Advisor(s) of such Trading Company or Galaxy Plus entity are unable to offset such futures interests positions, such Trading Company or Galaxy Plus entity could lose all of its assets and the holders of Units of such Series would realize a 100% loss. The Managing Owner will seek to minimize market risk through real-time monitoring of open positions and the level of diversification of each Trading Advisor’s portfolio. It is anticipated that any Trading Advisor’s margin-to-equity ratio will typically not exceed approximately 35% although the actual ratio could be higher or lower from time to time. In addition to market risk, trading futures, forward and swap contracts entails credit risk that a counterparty will not be able to meet its obligations to a Trading Company or Galaxy Plus entity. The counterparty for futures contracts traded in the United States and on most foreign exchanges is the clearinghouse associated with such exchange. In general, clearinghouses are backed by the corporate members of the clearinghouse who are required to share any financial burden resulting from the non-performance by one of their members and, as such, should significantly reduce this credit risk. In cases where the clearinghouse is not backed by the clearing members, like some foreign exchanges, it is normally backed by a consortium of banks or other financial institutions. Some non-U.S. exchanges, in contrast to U.S. exchanges, are principals’ markets in which performance is the responsibility only of the individual counterparty with whom the Trading Company has entered into the transaction, and not of the exchange or clearing corporation. In these kinds of markets, there is risk of bankruptcy or other failure or refusal to perform by the counterparty. In the case of forward contracts traded on the interbank market and swaps, neither is traded on exchanges. The counterparty is generally a single bank or other financial institution, rather than a group of financial institutions; thus there may be a greater counterparty credit risk. The Managing Owner expects the Trading Advisors to trade only with those counterparties which it believes to be creditworthy. All positions of each Trading Company will be valued each day on a mark-to-market basis. There can be no assurance that any clearing member, clearinghouse or other counterparty will be able to meet its obligations to any Trading Company. The Managing Owner has established procedures to actively monitor and minimize market and credit risks. The Limited Owners bear the risk of loss only to the extent of the market value of their respective investments and, in certain specific circumstances, distributions and redemptions received. |
The Trading Companies of the Equinox Frontier Funds [Member] | |
Trading Activities and Related Risks | 8. Trading Activities and Related Risks The purchase and sale of futures and options on futures contracts require margin deposits with futures commission merchants (each, an “FCM”). Additional deposits may be necessary for any loss on contract value. The CEA requires an FCM to segregate all customer transactions and assets from the FCM’s proprietary activities. A customer’s cash and other property (for example, U.S. Treasury bills) deposited with an FCM are considered commingled with all other customer funds subject to the FCM’s segregation requirements. In the event of an FCM’s insolvency, recovery may be limited to a pro rata share of segregated funds available. It is possible that the recovered amount could be less than the total of cash and other property deposited. The term “off-balance sheet risk” refers to an unrecorded potential liability that, even though it does not appear on the Statement of Financial Condition, may result in future obligation or loss in excess of the amount paid by the trading Companies for a particular investment. Each Trading Company expects to trade in futures, options, forward and swap contracts and will therefore be a party to financial instruments with elements of off-balance sheet market and credit risk. In entering into these contracts, there exists a market risk that such contracts may be significantly influenced by market conditions, such as interest rate volatility, resulting in such contracts being less valuable. If the markets should move against all of the futures positions held by a Trading Company at the same time, and if the Trading Advisor(s) of such Trading Company are unable to offset such futures interests positions, such Trading Company could lose all of its assets. Management will seek to minimize market risk through real-time monitoring of open positions and the level of diversification of each Trading Advisor’s portfolio. It is anticipated that any Trading Advisor’s margin-to-equity ratio will typically not exceed approximately 35% although the actual ratio could be higher or lower from time to time. In addition to market risk, trading futures, forward and swap contracts entails credit risk in that a counterparty will not be able to meet its obligations to a Trading Company. The counterparty for futures contracts traded in the United States and on most foreign exchanges is the clearinghouse associated with such exchange. In general, clearinghouses are backed by the corporate members of the clearinghouse who are required to share any financial burden resulting from the non-performance by one of their members and, as such, should significantly reduce this credit risk. In cases where the clearinghouse is not backed by the clearing members, like some foreign exchanges, it is normally backed by a consortium of banks or other financial institutions. Some non-U.S. exchanges, in contrast to U.S. exchanges, are principals’ markets in which performance is the responsibility only of the individual counterparty with whom the Trading Company has entered into the transaction, and not of the exchange or clearing corporation. In these kinds of markets, there is risk of bankruptcy or other failure or refusal to perform by the counterparty. In the case of forward contracts traded on the interbank market and swaps, neither is traded on exchanges. The counterparty is generally a single bank or other financial institution, rather than a group of financial institutions; thus there may be a greater counterparty credit risk. Management expects the Trading Advisors to trade only with those counterparties which it believes to be creditworthy. All positions of each Trading Company will be valued each day on a mark-to-market basis. There can be no assurance that any clearing member, clearinghouse or other counterparty will be able to meet its obligations to any Trading Company. Management has established procedures to actively monitor and minimize market and credit risks. Investors in units of the Frontier Funds bear the risk of loss only to the extent of the market value of their respective investments and, in certain specific circumstances, distributions and redemptions received. |
Indemnifications and Guarantees
Indemnifications and Guarantees | 12 Months Ended |
Dec. 31, 2017 | |
Series Of Frontier Fund [Member] | |
Indemnifications and Guarantees | 10. Indemnifications and Guarantees noted in Management Discussion and Analysis The Trust has entered into agreements, which provide for the indemnification of futures clearing brokers, and commodity trading advisers, among others, against losses, costs, claims and liabilities arising from the performance of their individual obligations under such agreements, except for gross negligence, bad faith or willful misconduct. The Trust has had no prior claims or payments pursuant to these agreements. The Trust’s individual maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Trust that have not yet occurred. However, based on experience the Trust expects the risk of loss to be remote. Maximum exposure is unfulfilled obligations of the Series up to the amount of equity at risk with UBS Securities LLC or Morgan Stanley & Co. LLC of the referenced Series as allocated from the Trading Company. The Series have not recorded any liability for the guarantees in the accompanying financial statements as it expects any possibility of losses to be remote. The Trust has guaranteed the obligations of the Trading Companies under the customer agreements with UBS Securities LLC as clearing broker. In the event that one Series of the Trust is unable to meet its obligations to UBS Securities LLC, the assets of the other Series will be available to UBS Securities LLC as part of the guarantee, but only to the extent of such Series’ pro rata allocation to the Trading Company. The Series have not recorded any liability for the indemnifications in the accompanying financial statement, as it expects any possibility of losses to be remote. As of September 2016, the Trust no longer uses UBS Securities LLC as a clearing broker. |
Equinox Frontier Fund [Member] | |
Indemnifications and Guarantees | 10. Indemnifications and Guarantees The Trust has entered into agreements, which provide for the indemnification of futures clearing brokers, and commodity trading advisers, among others, against losses, costs, claims and liabilities arising from the performance of their individual obligations under such agreements, except for gross negligence, bad faith or willful misconduct. The Trust has had no prior claims or payments pursuant to these agreements. The Trust’s individual maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Trust that have not yet occurred. However, based on experience the Trust expects the risk of loss to be remote. Maximum exposure is unfulfilled obligations of the Trust up to the amount of equity at risk with UBS Securities LLC or Morgan Stanley & Co. LLC. The Trust has not recorded any liability for the guarantees in the accompanying financial statements as it expects any possibility of losses to be remote. The Trust has guaranteed the obligations of the trading companies under the customer agreements with UBS Securities LLC as clearing broker. In the event that one Series of the Trust is unable to meet its obligations to UBS Securities LLC, the assets of the other Series will be available to UBS Securities LLC as part of the guarantee, but only to the extent of such Series’ pro rata allocation to the trading company. The Trust has not recorded any liability for the indemnifications in the accompanying financial statements as it expects any possibility of losses to be remote. As of September 2016, the Trust no longer uses UBS Securities LLC as a clearing broker. |
The Trading Companies of the Equinox Frontier Funds [Member] | |
Indemnifications and Guarantees | 9. Indemnifications The Trading Companies have entered into agreements, which provide for the indemnification of futures clearing brokers, currency trading companies, and commodity trading advisers, among others, against losses, costs, claims and liabilities arising from the performance of their individual obligations under such agreements, except for gross negligence or bad faith. The Trading Companies have had no prior claims or payments pursuant to these agreements. The Trading Companies’ individual maximum exposure under these arrangements is unknown, as this would involve future claims that may be made against the Trading Companies that have not yet occurred. However, based on experience the Trading Companies expect the risk of loss to be remote. |
Subsequent Events
Subsequent Events | 12 Months Ended |
Dec. 31, 2017 | |
Series Of Frontier Fund [Member] | |
Subsequent Events | 11. Subsequent Events Effective January 1, 2018, Chesapeake Capital Corporation no longer serves as a Trading Advisor to the Trust. |
Equinox Frontier Fund [Member] | |
Subsequent Events | 11. Subsequent Events Effective January 1, 2018, Chesapeake Capital Corporation no longer serves as a Trading Advisor to the Trust. |
The Trading Companies of the Equinox Frontier Funds [Member] | |
Subsequent Events | 10. Subsequent Events Effective January 1, 2018, Chesapeake Capital Corporation no longer serves as a Trading Advisor to the Trust. On January 31, 2018, Garrett W. Phillips resigned as the Chief Financial Officer and Treasurer of the Managing Owner, and as the Chief Operations Officer of Wakefield. In connection with the resignation of Mr. Phillips, Patrick J. Kane was appointed as the Chief Financial Officer of the Managing Owner, effective as of January 31, 2018. |
Galaxy Plus Fund LLC [Member] | |
Subsequent Events | Note 9. Subsequent events In accordance with FASB ASC 855, Subsequent Events |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | |
Subsequent Events | Note 8. Subsequent Events In accordance with FASB ASC 855, Subsequent Events |
Galaxy Plus Fund - Chesapeake Master Fund (518) LLC [Member] | |
Subsequent Events | Note 8. Subsequent Events In accordance with FASB ASC 855, Subsequent Events |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | |
Subsequent Events | Note 8. Subsequent Events In accordance with FASB ASC 855, Subsequent Events |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | |
Subsequent Events | Note 8. Subsequent Events In accordance with FASB ASC 855, Subsequent Events |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | |
Subsequent Events | Note 8. Subsequent Events In accordance with FASB ASC 855, Subsequent Events |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | |
Subsequent Events | Note 8. Subsequent Events In accordance with FASB ASC 855, Subsequent Events |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | |
Subsequent Events | Note 8. Subsequent Events In accordance with FASB ASC 855, Subsequent Events |
Galaxy Plus Fund - Quantmetrics Master Fund (527) LLC [Member] | |
Subsequent Events | Note 8. Subsequent Events In accordance with FASB ASC 855, Subsequent Events |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | |
Subsequent Events | Note 8. Subsequent Events In accordance with FASB ASC 855, Subsequent Events |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | |
Subsequent Events | Note 8. Subsequent Events In accordance with FASB ASC 855, Subsequent Events |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | |
Subsequent Events | Note 9. Subsequent Events In accordance with FASB ASC 855, Subsequent Events |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | |
Subsequent Events | Note 8. Subsequent Events In accordance with FASB ASC 855, Subsequent Events |
Classes of Interest and Series
Classes of Interest and Series | 12 Months Ended |
Dec. 31, 2017 | |
Galaxy Plus Fund LLC [Member] | |
Classes of Interest and Series | Note 3. Classes of Interest and Series Five different classes of Interests (“Interests”) are currently offered by each Fund: Class A, Class B, Class C, Class EF, and Class PF Interests. Each Class is generally subject to different fees. Investors are eligible to receive Class A, Class B or Class C Interests depending on their aggregate Trading Level, as discussed in Note 5, on the Platform. Class A Interests are available to (i) Investors who make capital contributions with an assigned Trading Level of $25,000,000 or more, as aggregated across all Funds in which capital contributions are invested, (ii) other collective investment vehicles or commodity pools sponsored by the Sponsor or its affiliates, and (iii) such other Investors as the Sponsor may determine. Class A Interests are subject to a Sponsor Fee and Sales Commissions and other fees allocable to Class A Interests as disclosed in the LLC Agreement. Class B Interests are available to (i) Investors who make capital contributions with an assigned Trading Level between $5,000,000 and $24,999,999, as aggregated across all Funds in which capital contributions are invested, and (ii) such other Investors as the Sponsor may determine. Class B Interests are subject to a Sponsor Fee and Sales Commissions and other fees allocable to Class B Interests as disclosed in the LLC Agreement. Class C Interests are available to Investors who make capital contributions with an assigned Trading Level of less than $5,000,000, as aggregated across all Funds in which capital contributions are invested. Class C Interests are subject to a Sponsor Fee and Sales Commissions and other fees allocable to Class C Interests as disclosed in the LLC Agreement. Class EF Interests are reserved for a strategic investor and not available to other investors without consent from the Sponsor. There is no stated minimum Trading Level for Class EF Interest. Class EF Interests are subject to a Sponsor Fee and other fees allocable to Class EF Interests as disclosed in the LLC Agreement. Class PF Interests are reserved for a strategic investor and not available to other investors without consent from the Sponsor. There is no stated minimum Trading Level for Class PF Interest. Class PF Interests are subject to a Sponsor Fee and other fees allocable to Class PF Interests as disclosed in the LLC agreement. Once an Investor becomes eligible for Class B Interests, any Class C Interests held by such investor will be automatically converted into Class B Interests. Once an Investor becomes eligible for Class A Interests, any Class B Interests held by such Investor will be automatically converted into Class A Interests. Similarly, if an investor’s aggregate Trading Level falls below the minimum for Class A or Class B, such interests will be converted to Class B or Class C, as appropriate. All such conversions will occur at the first trading day after such minimum is breached. An Investor of Class A, B, or C Interests, which invests more than once in a Fund, will receive a separate series with respect to each investment. Incentive Fees are calculated separately with respect to each such series. Series at or above their respective High Water Marks at the end of an Incentive Fee Calculation Period are subject to consolidation (i.e., “roll-up”) at the discretion of the Sponsor. The Sponsor may from time to time offer additional classes or subclasses of Interest having different rights and privileges (including but not limited to different fees, funding factors, investment minimums and/or liquidity terms) from those described herein. The issuance of such additional class or sub-class of Interest will not require Investor’s approval; provided, that the terms of any such additional class or sub-class of Interest do not materially adversely affect the Investors in the applicable Fund as a whole. Such additional class or sub-class of Interest may or may not be generally available to other Investors. The amount of capital activity by each class of Interest for each Fund for the periods ended December 31, 2017, is as follows: Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - 510 Fund LLC - 510 Fund LLC - 510 Fund LLC - 510 Fund LLC - 516 Series Series Series Series Series Class A Class B Class C Class EF Class C Subscriptions $ — $ 1,153,142 $ 383,333 $ 538,072 $ 83,334 Redemptions — — (149,291 ) (6,280,300 ) (45,053 ) Transfers In — — — — — Transfers out — — — — — Total increase (decrease) $ — $ 1,153,142 $ 234,042 $ (5,742,228 ) $ 38,281 Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - 516 Fund LLC - 517 Fund LLC - 518 Fund LLC - 518 Fund LLC - 522 Series Series Series Series Series Class EF Class EF Class C Class EF Class EF Subscriptions $ 1,697,471 $ 227,676 $ 1,200,000 $ 105,477 $ 650,438 Redemptions (10,271,103 ) (2,743,055 ) (97,475 ) (10,065,517 ) (4,545,229 ) Transfers In — — — — — Transfers out — — — — — Total increase (decrease) $ (8,573,632 ) $ (2,515,379 ) $ 1,102,525 $ (9,960,040 ) $ (3,894,791 ) Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - 526 Fund LLC - 526 Fund LLC - 526 Fund LLC - 526 Fund LLC - 527 Series Series Series Series Series Class A Class B Class C Class EF Class EF Subscriptions $ 2,900,000 $ 1,921,903 $ 1,735,000 $ 956,748 $ 412,515 Redemptions — — (94,017 ) (19,153,777 ) (13,635,089 ) Transfers In — — — — — Transfers out — — — — — Total increase (decrease) $ 2,900,000 $ 1,921,903 $ 1,640,983 $ (18,197,029 ) $ (13,222,574 ) Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - 528 Fund LLC - 531 Fund LLC - 532 Fund LLC - 535 Fund LLC - Series Series Series Series 538W Series Class EF Class EF Class EF Class EF Class EF Subscriptions $ 259,368 $ 8,277,086 $ 572,954 $ 1,500,000 $ 38,764,659 Redemptions (3,188,102 ) (3,650,248 ) (3,116,311 ) (9,567,696 ) (16,357,970 ) Transfers In — — — — — Transfers out — — — — — Total increase (decrease) $ (2,928,734 ) $ 4,626,838 $ (2,543,357 ) $ (8,067,696 ) $ 22,406,689 Some of the contributions made during the periods ended December 31, 2017 were in-kind contributions and have been presented as such on the Statements of Changes in Members’ Equity. Transfers into and out of a Fund relating to movement from one class of Share to another, change in beneficial ownership, and consolidation to an older series may occur from time to time. Roll-ups are considered transfers for financial reporting purposes. Since the amount of transfers into and out of each Fund offset, such transfers are not shown in the Funds’ Statements of Changes in Members’ Equity. For the periods ended December 31, 2017, there were no transfers. |
Notional Funding
Notional Funding | 12 Months Ended |
Dec. 31, 2017 | |
Galaxy Plus Fund LLC [Member] | |
Notional Funding | Note 5. Notional Funding The ability to customize notional funding in the various Funds is a special feature of the Onshore Platform. The Sponsor determines each Fund’s Maximum Funding Factor (i.e., the maximum ratio of Trading Level to actual capital invested in such Fund) and may increase or reduce such Maximum Funding Factor at any time. In establishing a Fund’s Maximum Funding Factor, the Sponsor generally considers the Advisor’s maximum 5 day drawdown and its typical margin-to-equity ratio and sets the Maximum Funding Factor to protect against any failure to meet margin calls. The leverage used by a Master Fund (i.e., the ratio of the Trading Level of such Master Fund to the notional amount of the futures, options, and forward contracts held by such Master Fund) will fluctuate on an ongoing basis. The Advisors will adjust such leverage in response to market conditions and will not maintain any set relationship between the Trading Level of a Master Fund and the notional amount of the futures, options, and forward positions held for such Master Fund. The notional amount of the futures, options, and forward contracts held by a Master Fund is likely to exceed the Trading Level of such Master Fund by a factor of 10 or more. Investors customize their notional funding of their investment in a Fund by choosing an Effective Funding Factor (which must be no greater than the Maximum Funding Factor). The Effective Funding Factor so chosen is implemented by the applicable Fund by keeping a portion of the capital at the Fund’s bank account or, as the Fund matures, by keeping a certain percentage of an Investor’s investment in the Fund’s bank account rather than allocating such capital to the corresponding Master Fund. All capital allocated by a Fund to its corresponding Master Fund is traded at the Maximum Funding Factor for such Fund. Due to market appreciation/depreciation and other factors, an Investor’s Trading Level to actual capital contributed by such Investor will diverge — potentially materially — from such Investor’s selected Effective Funding Factor. As a result, the Sponsor will from time to time rebalance allocations between the corresponding Master Fund and Fund’s bank account in an attempt to reflect the desired Effective Funding Factor. Such rebalancing is not done pursuant to any predefined parameters but is done at the Sponsor’s discretion. |
In-Kind Contributions
In-Kind Contributions | 12 Months Ended |
Dec. 31, 2017 | |
Galaxy Plus Fund LLC [Member] | |
In-Kind Contributions | Note 6. In-Kind Contributions On 531’s commencement of operation date in May of 2017, the first subscription was made, in part, via a transfer of assets on that date. Investors contributed $561,846 in unrealized appreciation on open futures and foreign currency forward contracts. 531 immediately made an in-kind contribution to the Master on that same date. |
Financial Instruments with off-
Financial Instruments with off-balance sheet risk and concentration of credit risk | 12 Months Ended |
Dec. 31, 2017 | |
Galaxy Plus Fund LLC [Member] | |
Financial Instruments with off-balance sheet risk and concentration of credit risk | Note 7. Financial Instruments with off-balance sheet risk and concentration of credit risk At December 31, 2017, none of the Funds have direct commitments to buy or sell financial instruments, including derivative instruments. Each Fund does have indirect buy and sell commitments that arise through the positions held by the Master Fund in which each respective Fund invests. However, as an investor in a Master Fund, each Fund’s risk at December 31, 2017, is limited to the fair value of its investment in the Master Fund. |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | |
Financial Instruments with off-balance sheet risk and concentration of credit risk | Note 5. Balance Sheet Offsetting The Master Fund is required to disclose the impact of offsetting assets and liabilities presented in the statement of financial condition to enable users of the financial statements to evaluate the effect or potential effect of netting arrangements on its financial position for recognized assets and liabilities. These recognized assets and liabilities include financial instruments and derivative instruments that are either subject to an enforceable master netting arrangement or similar agreement or meet the following right of set-off criteria: each of the two parties owes the other determinable amounts, the Master Fund has the right to set-off the amounts owed with the amounts owed by the other party, the Master Fund intends to set off, and the Fund’s right of set-off is enforceable by law. The Master Fund is subject to enforceable master netting agreements with certain counterparties. These agreements govern the terms of certain transactions, and reduce the counterparty risk associated with relevant transactions by specifying offsetting mechanisms and collateral posting arrangements at prearranged exposure levels. Since different types of transactions have different mechanics and are sometimes traded out of different legal entities of a particular counterparty organization, each type of transaction may be covered by a different master netting arrangement, possibly resulting in the need for multiple agreements with a single counterparty. Master netting agreements may not be specific to each different asset type; in such instances, they would allow the Master Fund to close out and net its total exposure to a specified counterparty in the events of default or early termination with respect to any and all the transactions governed under a single agreement with the counterparty. The following tables summarize the Master Fund’s netting arrangements: Net Amount of Gross Amounts Offset in the Assets (Liabilities) of Recognized Statement of in the Statement of Description Assets (Liabilities) Financial Condition Financial Condition Futures $ 334,931 $ (265,368 ) $ 69,563 Total $ 334,931 $ (265,368 ) $ 69,563 Net Amount Net amount in Cash Collateral which is not offset the Statement of Received by in the Statement of Financial Condition Counterparty Financial Condition Counterparty A $ 69,563 $ 1,310,145 $ 1,379,708 Total $ 69,563 $ 1,310,145 $ 1,379,708 |
Galaxy Plus Fund - Chesapeake Master Fund (518) LLC [Member] | |
Financial Instruments with off-balance sheet risk and concentration of credit risk | Note 5. Balance Sheet Offsetting The Master Fund is required to disclose the impact of offsetting assets and liabilities presented in the statement of financial condition to enable users of the financial statements to evaluate the effect or potential effect of netting arrangements on its financial position for recognized assets and liabilities. These recognized assets and liabilities include financial instruments and derivative instruments that are either subject to an enforceable master netting arrangement or similar agreement or meet the following right of set-off criteria: each of the two parties owes the other determinable amounts, the Master Fund has the right to set-off the amounts owed with the amounts owed by the other party, the Master Fund intends to set off, and the Fund’s right of set-off is enforceable by law. The Master Fund is subject to enforceable master netting agreements with certain counterparties. These agreements govern the terms of certain transactions, and reduce the counterparty risk associated with relevant transactions by specifying offsetting mechanisms and collateral posting arrangements at prearranged exposure levels. Since different types of transactions have different mechanics and are sometimes traded out of different legal entities of a particular counterparty organization, each type of transaction may be covered by a different master netting arrangement, possibly resulting in the need for multiple agreements with a single counterparty. Master netting agreements may not be specific to each different asset type; in such instances, they would allow the Master Fund to close out and net its total exposure to a specified counterparty in the events of default or early termination with respect to any and all the transactions governed under a single agreement with the counterparty. There were no offsetting balances as the Master Fund did not hold any investments as of December 31, 2017. |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | |
Financial Instruments with off-balance sheet risk and concentration of credit risk | Note 5. Balance Sheet Offsetting The Master Fund is required to disclose the impact of offsetting assets and liabilities presented in the statement of financial condition to enable users of the financial statements to evaluate the effect or potential effect of netting arrangements on its financial position for recognized assets and liabilities. These recognized assets and liabilities include financial instruments and derivative instruments that are either subject to an enforceable master netting arrangement or similar agreement or meet the following right of set-off criteria: each of the two parties owes the other determinable amounts, the Master Fund has the right to set-off the amounts owed with the amounts owed by the other party, the Master Fund intends to set off, and the Fund’s right of set-off is enforceable by law. The Master Fund is subject to enforceable master netting agreements with certain counterparties. These agreements govern the terms of certain transactions, and reduce the counterparty risk associated with relevant transactions by specifying offsetting mechanisms and collateral posting arrangements at prearranged exposure levels. Since different types of transactions have different mechanics and are sometimes traded out of different legal entities of a particular counterparty organization, each type of transaction may be covered by a different master netting arrangement, possibly resulting in the need for multiple agreements with a single counterparty. Master netting agreements may not be specific to each different asset type; in such instances, they would allow the Master Fund to close out and net its total exposure to a specified counterparty in the events of default or early termination with respect to any and all the transactions governed under a single agreement with the counterparty. The following tables summarize the Master Fund’s netting arrangements: Net Amount of Gross Amounts Offset in the Assets (Liabilities) of Recognized Statement of in the Statement of Description Assets (Liabilities) Financial Condition Financial Condition Futures $ 1,163 $ (425 ) $ 738 Options purchased on futures contracts 35,498 — 35,498 Options written on futures contracts (48,050 ) — (48,050 ) Total $ (11,389 ) $ (425 ) $ (11,814 ) Net Amount Net amount in Cash Collateral which is not offset the Statement of Received by in the Statement of Financial Condition Counterparty Financial Condition Counterparty A $ (11,814 ) $ 98,746 $ 86,932 Total $ (11,814 ) $ 98,746 $ 86,932 |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | |
Financial Instruments with off-balance sheet risk and concentration of credit risk | Note 5. Balance Sheet Offsetting The Master Fund is required to disclose the impact of offsetting assets and liabilities presented in the statement of financial condition to enable users of the financial statements to evaluate the effect or potential effect of netting arrangements on its financial position for recognized assets and liabilities. These recognized assets and liabilities include financial instruments and derivative instruments that are either subject to an enforceable master netting arrangement or similar agreement or meet the following right of set-off criteria: each of the two parties owes the other determinable amounts, the Master Fund has the right to set-off the amounts owed with the amounts owed by the other party, the Master Fund intends to set off, and the Fund’s right of set-off is enforceable by law. The Master Fund is subject to enforceable master netting agreements with certain counterparties. These agreements govern the terms of certain transactions, and reduce the counterparty risk associated with relevant transactions by specifying offsetting mechanisms and collateral posting arrangements at prearranged exposure levels. Since different types of transactions have different mechanics and are sometimes traded out of different legal entities of a particular counterparty organization, each type of transaction may be covered by a different master netting arrangement, possibly resulting in the need for multiple agreements with a single counterparty. Master netting agreements may not be specific to each different asset type; in such instances, they would allow the Master Fund to close out and net its total exposure to a specified counterparty in the events of default or early termination with respect to any and all the transactions governed under a single agreement with the counterparty. The following tables summarize the Master Fund’s netting arrangements: Net Amount of Gross Amounts Offset in the Assets (Liabilities) of Recognized Statement of in the Statement of Description Assets (Liabilities) Financial Condition Financial Condition Futures $ 10,412,747 $ (7,779,747 ) $ 2,633,000 Options purchased on futures contracts 627,540 — 627,540 Options written on futures contracts (410,400 ) — (410,400 ) Total $ 10,629,887 $ (7,779,747 ) $ 2,850,140 Net Amount Net amount in Cash Collateral which is not offset the Statement of Received by in the Statement of Financial Condition Counterparty Financial Condition Counterparty A $ 2,850,140 $ 2,408,042 $ 5,258,182 Total $ 2,850,140 $ 2,408,042 $ 5,258,182 |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | |
Financial Instruments with off-balance sheet risk and concentration of credit risk | Note 5. Balance Sheet Offsetting The Master Fund is required to disclose the impact of offsetting assets and liabilities presented in the statement of financial condition to enable users of the financial statements to evaluate the effect or potential effect of netting arrangements on its financial position for recognized assets and liabilities. These recognized assets and liabilities include financial instruments and derivative instruments that are either subject to an enforceable master netting arrangement or similar agreement or meet the following right of set-off criteria: each of the two parties owes the other determinable amounts, the Master Fund has the right to set-off the amounts owed with the amounts owed by the other party, the Master Fund intends to set off, and the Fund’s right of set-off is enforceable by law. The Master Fund is subject to enforceable master netting agreements with certain counterparties. These agreements govern the terms of certain transactions, and reduce the counterparty risk associated with relevant transactions by specifying offsetting mechanisms and collateral posting arrangements at prearranged exposure levels. Since different types of transactions have different mechanics and are sometimes traded out of different legal entities of a particular counterparty organization, each type of transaction may be covered by a different master netting arrangement, possibly resulting in the need for multiple agreements with a single counterparty. Master netting agreements may not be specific to each different asset type; in such instances, they would allow the Master Fund to close out and net its total exposure to a specified counterparty in the events of default or early termination with respect to any and all the transactions governed under a single agreement with the counterparty. The following tables summarize the Master Fund’s netting arrangements: Net Amount of Gross Amounts Offset in the Assets (Liabilities) of Recognized Statement of in the Statement of Description Assets (Liabilities) Financial Condition Financial Condition Futures $ 365,721 $ (308,049 ) $ 57,672 Total $ 365,721 $ (308,049 ) $ 57,672 Net Amount Net amount in Cash Collateral which is not offset the Statement of Received by in the Statement of Financial Condition Counterparty Financial Condition Counterparty A $ 57,672 $ 1,774,970 $ 1,832,642 Total $ 57,672 $ 1,774,970 $ 1,832,642 |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | |
Financial Instruments with off-balance sheet risk and concentration of credit risk | Note 5. Balance Sheet Offsetting The Master Fund is required to disclose the impact of offsetting assets and liabilities presented in the statement of financial condition to enable users of the financial statements to evaluate the effect or potential effect of netting arrangements on its financial position for recognized assets and liabilities. These recognized assets and liabilities include financial instruments and derivative instruments that are either subject to an enforceable master netting arrangement or similar agreement or meet the following right of set-off criteria: each of the two parties owes the other determinable amounts, the Master Fund has the right to set-off the amounts owed with the amounts owed by the other party, the Master Fund intends to set off, and the Fund’s right of set-off is enforceable at law. The Master Fund is subject to enforceable master netting agreements with certain counterparties. These agreements govern the terms of certain transactions, and reduce the counterparty risk associated with relevant transactions by specifying offsetting mechanisms and collateral posting arrangements at prearranged exposure levels. Since different types of transactions have different mechanics and are sometimes traded out of different legal entities of a particular counterparty organization, each type of transaction may be covered by a different master netting arrangement, possibly resulting in the need for multiple agreements with a single counterparty. Master netting agreements may not be specific to each different asset type; in such instances, they would allow the Master Fund to close out and net its total exposure to a specified counterparty in the events of default or early termination with respect to any and all the transactions governed under a single agreement with the counterparty. The following tables summarize the Master Fund’s netting arrangements: Net Amount of Gross Amounts Offset in the Assets (Liabilities) of Recognized Statement of in the Statement of Description Assets (Liabilities) Financial Condition Financial Condition Futures $ 189,537 (27,195 ) $ 162,342 Options written on futures contracts (28,000 ) — (28,000 ) Total $ 161,537 $ (27,195 ) $ 134,342 Net Amount Net amount in Cash Collateral which is not offset the Statement of Received by in the Statement of Financial Condition Counterparty Financial Condition Counterparty A $ 134,342 $ 285,761 $ 420,103 Total $ 134,342 $ 285,761 $ 420,103 |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | |
Financial Instruments with off-balance sheet risk and concentration of credit risk | Note 5. Balance Sheet Offsetting The Master Fund is required to disclose the impact of offsetting assets and liabilities presented in the statement of financial condition to enable users of the financial statements to evaluate the effect or potential effect of netting arrangements on its financial position for recognized assets and liabilities. These recognized assets and liabilities include financial instruments and derivative instruments that are either subject to an enforceable master netting arrangement or similar agreement or meet the following right of set-off criteria: each of the two parties owes the other determinable amounts, the Master Fund has the right to set-off the amounts owed with the amounts owed by the other party, the Master Fund intends to set off, and the Fund’s right of set-off is enforceable at law. The Master Fund is subject to enforceable master netting agreements with certain counterparties. These agreements govern the terms of certain transactions, and reduce the counterparty risk associated with relevant transactions by specifying offsetting mechanisms and collateral posting arrangements at prearranged exposure levels. Since different types of transactions have different mechanics and are sometimes traded out of different legal entities of a particular counterparty organization, each type of transaction may be covered by a different master netting arrangement, possibly resulting in the need for multiple agreements with a single counterparty. Master netting agreements may not be specific to each different asset type; in such instances, they would allow the Master Fund to close out and net its total exposure to a specified counterparty in the events of default or early termination with respect to any and all the transactions governed under a single agreement with the counterparty. The following tables summarize the Master Fund’s netting arrangements: Net Amount of Gross Amounts Offset in the Assets (Liabilities) of Recognized Statement of in the Statement of Description Assets (Liabilities) Financial Condition Financial Condition Futures $ 743,405 $ (201,174 ) $ 542,231 Total $ 743,405 $ (201,174 ) $ 542,231 Net Amount Net amount in Cash Collateral which is not offset the Statement of Received by in the Statement of Financial Condition Counterparty Financial Condition Counterparty A $ 542,231 $ 2,195,034 $ 2,737,265 Total $ 542,231 $ 2,195,034 $ 2,737,265 |
Galaxy Plus Fund - Quantmetrics Master Fund (527) LLC [Member] | |
Financial Instruments with off-balance sheet risk and concentration of credit risk | Note 5. Balance Sheet Offsetting The Master Fund is required to disclose the impact of offsetting assets and liabilities presented in the statement of financial condition to enable users of the financial statements to evaluate the effect or potential effect of netting arrangements on its financial position for recognized assets and liabilities. These recognized assets and liabilities include financial instruments and derivative instruments that are either subject to an enforceable master netting arrangement or similar agreement or meet the following right of set-off criteria: each of the two parties owes the other determinable amounts, the Master Fund has the right to set-off the amounts owed with the amounts owed by the other party, the Master Fund intends to set off, and the Fund’s right of set-off is enforceable by law. The Master Fund is subject to enforceable master netting agreements with certain counterparties. These agreements govern the terms of certain transactions, and reduce the counterparty risk associated with relevant transactions by specifying offsetting mechanisms and collateral posting arrangements at prearranged exposure levels. Since different types of transactions have different mechanics and are sometimes traded out of different legal entities of a particular counterparty organization, each type of transaction may be covered by a different master netting arrangement, possibly resulting in the need for multiple agreements with a single counterparty. Master netting agreements may not be specific to each different asset type; in such instances, they would allow the Master Fund to close out and net its total exposure to a specified counterparty in the events of default or early termination with respect to any and all the transactions governed under a single agreement with the counterparty. There were no offsetting balances as the Master Fund did not hold any investments as of December 31, 2017. |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | |
Financial Instruments with off-balance sheet risk and concentration of credit risk | Note 5. Balance Sheet Offsetting The Master Fund is required to disclose the impact of offsetting assets and liabilities presented in the statement of financial condition to enable users of the financial statements to evaluate the effect or potential effect of netting arrangements on its financial position for recognized assets and liabilities. These recognized assets and liabilities include financial instruments and derivative instruments that are either subject to an enforceable master netting arrangement or similar agreement or meet the following right of set-off criteria: each of the two parties owes the other determinable amounts, the Master Fund has the right to set-off the amounts owed with the amounts owed by the other party, the Master Fund intends to set off, and the Fund’s right of set-off is enforceable at law. The Master Fund is subject to enforceable master netting agreements with certain counterparties. These agreements govern the terms of certain transactions, and reduce the counterparty risk associated with relevant transactions by specifying offsetting mechanisms and collateral posting arrangements at prearranged exposure levels. Since different types of transactions have different mechanics and are sometimes traded out of different legal entities of a particular counterparty organization, each type of transaction may be covered by a different master netting arrangement, possibly resulting in the need for multiple agreements with a single counterparty. Master netting agreements may not be specific to each different asset type; in such instances, they would allow the Master Fund to close out and net its total exposure to a specified counterparty in the events of default or early termination with respect to any and all the transactions governed under a single agreement with the counterparty. The following tables summarize the Master Fund’s netting arrangements: Net Amount of Gross Amounts Offset in the Assets (Liabilities) of Recognized Statement of in the Statement of Description Assets (Liabilities) Financial Condition Financial Condition Futures $ 110,369 $ (42,904 ) $ 67,465 Total $ 110,369 $ (42,904 ) $ 67,465 Net Amount Net amount in Cash Collateral which is not offset the Statement of Received by in the Statement of Financial Condition Counterparty Financial Condition Counterparty A $ 67,465 $ 430,797 $ 498,262 Total $ 67,465 $ 430,797 $ 498,262 |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | |
Financial Instruments with off-balance sheet risk and concentration of credit risk | Note 5. Balance Sheet Offsetting The Master Fund is required to disclose the impact of offsetting assets and liabilities presented in the statement of financial condition to enable users of the financial statements to evaluate the effect or potential effect of netting arrangements on its financial position for recognized assets and liabilities. These recognized assets and liabilities include financial instruments and derivative instruments that are either subject to an enforceable master netting arrangement or similar agreement or meet the following right of set-off criteria: each of the two parties owes the other determinable amounts, the Master Fund has the right to set-off the amounts owed with the amounts owed by the other party, the Master Fund intends to set off, and the Fund’s right of set-off is enforceable by law. The Master Fund is subject to enforceable master netting agreements with certain counterparties. These agreements govern the terms of certain transactions, and reduce the counterparty risk associated with relevant transactions by specifying offsetting mechanisms and collateral posting arrangements at prearranged exposure levels. Since different types of transactions have different mechanics and are sometimes traded out of different legal entities of a particular counterparty organization, each type of transaction may be covered by a different master netting arrangement, possibly resulting in the need for multiple agreements with a single counterparty. Master netting agreements may not be specific to each different asset type; in such instances, they would allow the Master Fund to close out and net its total exposure to a specified counterparty in the events of default or early termination with respect to any and all the transactions governed under a single agreement with the counterparty. The following tables summarize the Master Fund’s netting arrangements: Net Amount of Gross Amounts Offset in the Assets (Liabilities) of Recognized Statement of in the Statement of Description Assets (Liabilities) Financial Condition Financial Condition Futures $ 103,211 $ (54,166 ) $ 49,045 Total $ 103,211 $ (54,166 ) $ 49,045 Net Amount Net amount in Cash Collateral which is not offset the Statement of Received by in the Statement of Financial Condition Counterparty Financial Condition Counterparty A $ 49,045 $ 759,653 $ 808,698 Total $ 49,045 $ 759,653 $ 808,698 |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | |
Financial Instruments with off-balance sheet risk and concentration of credit risk | Note 5. Balance Sheet Offsetting The Master Fund is required to disclose the impact of offsetting assets and liabilities presented in the statement of financial condition to enable users of the financial statements to evaluate the effect or potential effect of netting arrangements on its financial position for recognized assets and liabilities. These recognized assets and liabilities include financial instruments and derivative instruments that are either subject to an enforceable master netting arrangement or similar agreement or meet the following right of set-off criteria: each of the two parties owes the other determinable amounts, the Master Fund has the right to set-off the amounts owed with the amounts owed by the other party, the Master Fund intends to set off, and the Fund’s right of set-off is enforceable by law. The Master Fund is subject to enforceable master netting agreements with certain counterparties. These agreements govern the terms of certain transactions, and reduce the counterparty risk associated with relevant transactions by specifying offsetting mechanisms and collateral posting arrangements at prearranged exposure levels. Since different types of transactions have different mechanics and are sometimes traded out of different legal entities of a particular counterparty organization, each type of transaction may be covered by a different master netting arrangement, possibly resulting in the need for multiple agreements with a single counterparty. Master netting agreements may not be specific to each different asset type; in such instances, they would allow the Master Fund to close out and net its total exposure to a specified counterparty in the events of default or early termination with respect to any and all the transactions governed under a single agreement with the counterparty. The following tables summarize the Master Fund’s netting arrangements: Net Amount of Gross Amounts Offset in the Assets (Liabilities) of Recognized Statement of in the Statement of Description Assets (Liabilities) Financial Condition Financial Condition Futures $ 1,406,000 $ (841,006 ) $ 564,994 Total $ 1,406,000 $ (841,006 ) $ 564,994 Net Amount Net amount in Cash Collateral which is not offset the Statement of Received by in the Statement of Financial Condition Counterparty Financial Condition Counterparty A $ 564,994 $ 4,324,905 $ 4,889,899 Total $ 564,994 $ 4,324,905 $ 4,889,899 |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | |
Financial Instruments with off-balance sheet risk and concentration of credit risk | Note 5. Balance Sheet Offsetting The Master Fund is required to disclose the impact of offsetting assets and liabilities presented in the statement of financial condition to enable users of the financial statements to evaluate the effect or potential effect of netting arrangements on its financial position for recognized assets and liabilities. These recognized assets and liabilities include financial instruments and derivative instruments that are either subject to an enforceable master netting arrangement or similar agreement or meet the following right of set-off criteria: each of the two parties owes the other determinable amounts, the Master Fund has the right to set-off the amounts owed with the amounts owed by the other party, the Master Fund intends to set off, and the Fund’s right of set-off is enforceable by law. The Master Fund is subject to enforceable master netting agreements with certain counterparties. These agreements govern the terms of certain transactions, and reduce the counterparty risk associated with relevant transactions by specifying offsetting mechanisms and collateral posting arrangements at prearranged exposure levels. Since different types of transactions have different mechanics and are sometimes traded out of different legal entities of a particular counterparty organization, each type of transaction may be covered by a different master netting arrangement, possibly resulting in the need for multiple agreements with a single counterparty. Master netting agreements may not be specific to each different asset type; in such instances, they would allow the Master Fund to close out and net its total exposure to a specified counterparty in the events of default or early termination with respect to any and all the transactions governed under a single agreement with the counterparty. The following tables summarize the Master Fund’s netting arrangements: Net Amount of Gross Amounts Offset in the Assets (Liabilities) of Recognized Statement of in the Statement of Description Assets (Liabilities) Financial Condition Financial Condition Futures $ 3,170,954 $ (2,687,497 ) $ 483,457 Total $ 3,170,954 $ (2,687,497 ) $ 483,457 Net Amount Net amount in Cash Collateral which is not offset the Statement of Received by in the Statement of Financial Condition Counterparty Financial Condition Counterparty A $ 483,457 $ 8,160,980 $ 8,644,437 Total $ 483,457 $ 8,160,980 $ 8,644,437 |
Related Parties
Related Parties | 12 Months Ended |
Dec. 31, 2017 | |
Galaxy Plus Fund LLC [Member] | |
Related Parties | Note 4. Management, Incentive, Sponsor and Other Fees Each Fund class will pay its respective Advisor, or in the case of Class EF, the managing owner of the member, both asset based (management fee) and performance based (incentive fee) compensation as outlined in the Supplement. In addition, each Fund class will pay the Sponsor asset based (sponsor fee) compensation and, if applicable, a selling agent will receive from each fund class an asset based fee (sales commission). All asset based fees are calculated on the same uniform fee base which is the beginning of the period Trading Level (as defined in the Supplement and discussed in Note 5) plus periodic trading profits and losses for the Fund. Investors can be charged different management and incentive fees at the discretion of the Sponsor. Management Fee: Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - 510 Series 516 Series 518 Series Selling Agent $ 5,680 $ 889 $ 952 Sponsor 6,542 146 — Incentive Fee: Any Incentive Fee, if accrued, will also be made in respect of Interests withdrawn, at the time of such withdrawal, as if the withdrawal date were the end of a calendar quarter. “New Net Profit” means, with respect to each series of Interest, the amount by which the Net Asset Value of such series of Interest as of the date of determination exceeds the High Water Mark (defined below) then attributable to such series of Interest. Net Asset Value, for purposes of calculating the Incentive Fee, is calculated prior to reduction for the Incentive Fee being calculated. Net Asset Value is calculated after deduction for the Management Fee (regardless of whether such Management Fee is paid to an Advisor or to the Sponsor), but prior to deduction for the Sponsor Fee, Sales Commissions, and/or Operating Expenses. “High Water Mark” means, with respect to each series of Interest, the greater of: (i) the aggregate Capital Contributions made to such series of Interest; and (ii) the Net Asset Value of such series of Interest as of the end of the most recent Incentive Fee Calculation Period as of which an Incentive Fee was made from such series of Interest (after deduction for the Incentive Fee then made). The High Water Mark with respect to a series of Interest is reduced proportionately when any withdrawal is made from such series of Interest — i.e., the High Water Mark immediately prior to any such withdrawal is multiplied by the fraction of the numerator of which is the Net Asset Value of such series of Interest immediately after such withdrawal and the denominator of which is such Net Asset Value immediately prior to such withdrawal (Net Asset Value in each case being calculated prior to reduction for any Incentive Fee). As the Incentive Fee is calculated separately with respect to each investment made by an Investor, an Investor which invests more than once in a Fund is at risk of being subject to Incentive Fees in respect of capital contributions made at different times even though the overall value of such Investor’s investment in such Fund has declined. The Trading Advisors may enter into side agreements with various investors changing the management/ incentive fees charged to those investors. The Sponsor, on behalf of the managing owner of the Class EF members, has entered into separate fee arrangements with the Trading Advisors which results in managing owner retaining a portion of both the management and incentive fees charged to the Class EF members. During the periods ended December 31, 2017, the amount of management fees and incentive fees retained by the managing owner of Class EF interest are as follows: Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - Fund LLC - 510 Series 516 Series 517 Series 518 Series 522 Series Management Fee $ 22,537 $ 109,994 $ 44,743 $ 141,131 $ 83,998 Incentive Fee 34,386 715,621 — — — Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - Fund LLC - 526 Series 527 Series 528 Series 531 Series 532 Series Management Fee $ 167,970 $ 41,645 $ 39,554 $ 115,687 $ 12,142 Incentive Fee 113,940 — 21,532 30,847 — Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - 535 Series 538W Series Management Fee $ — $ 17,848 Incentive Fee — — The amount of management fees and incentive fees due to the managing owner of the class EF members as of December 31, 2017 are as follows: Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - Fund LLC - 510 Series 516 Series 517 Series 518 Series 522 Series Accrued Management Fee $ 1,080 $ 5,592 $ 1,599 $ 4,122 $ 3,579 Accrued Incentive Fee 28,328 6,517 — — — Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - Fund LLC - 526 Series 527 Series 528 Series 531 Series 532 Series Accrued Management Fee $ 7,326 $ 1,794 $ 2,452 $ 25,815 $ 421 Accrued Incentive Fee 59,454 — 4,090 30,847 — Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - 535 Series 538W Series Accrued Management Fee $ — $ 1,461 Accrued Incentive Fee — — Sponsor Fee: Sales Commission: Professional Fees and Operating Expenses: In January of 2017, the Sponsor amended the Confidential Offering Memorandum of the Onshore Platform in that fees related to audit and tax preparation services would be borne by the Onshore Platform rather than the Sponsor. Prior to this amendment going into effect, the Sponsor sent each Investor a letter outlining the change and allowing the Investor to redeem before the change went into effect. The 2016 audit and tax fees were expensed to the Funds during the year ended December 31, 2017. The allocation of the 2016 audit and tax fees was based on the number of trading managers that trade on behalf of each respective Fund. The audit and tax preparation are recorded as a component of professional fees in the statements of operations. On a go forward basis, the audit and tax preparation expense will be recorded when the related services are performed. |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | |
Related Parties | Note 6. Related Parties Gemini Hedge Fund Services, LLC an affiliate of the Sponsor, provides administration services for the Master Fund. |
Galaxy Plus Fund - Chesapeake Master Fund (518) LLC [Member] | |
Related Parties | Note 6. Related Parties Gemini Hedge Fund Services, LLC an affiliate of the Sponsor, provides administration services for the Master Fund. |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | |
Related Parties | Note 6. Related Parties Gemini Hedge Fund Services, LLC an affiliate of the Sponsor, provides administration services for the Master Fund. |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | |
Related Parties | Note 6. Related Parties Gemini Hedge Fund Services, LLC an affiliate of the Sponsor, provides administration services for the Master Fund. |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | |
Related Parties | Note 6. Related Parties Gemini Hedge Fund Services, LLC an affiliate of the Sponsor, provides administration services for the Master Fund. |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | |
Related Parties | Note 6. Related Parties Gemini Hedge Fund Services, LLC an affiliate of the Sponsor, provides administration services for the Master Fund. |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | |
Related Parties | Note 6. Related Parties Gemini Hedge Fund Services, LLC an affiliate of the Sponsor, provides administration services for the Master Fund. |
Galaxy Plus Fund - Quantmetrics Master Fund (527) LLC [Member] | |
Related Parties | Note 6. Related Party Gemini Hedge Fund Services, LLC an affiliate of the Sponsor, provides administration services for the Master Fund. |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | |
Related Parties | Note 6. Related Parties Gemini Hedge Fund Services, LLC an affiliate of the Sponsor, provides administration services for the Master Fund. |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | |
Related Parties | Note 6. Related Parties Gemini Hedge Fund Services, LLC an affiliate of the Sponsor, provides administration services for the Master Fund. |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | |
Related Parties | Note 6. Related Parties Gemini Hedge Fund Services, LLC an affiliate of the Sponsor, provides administration services for the Master Fund. |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | |
Related Parties | Note 6. Related Parties Gemini Hedge Fund Services, LLC an affiliate of the Sponsor, provides administration services for the Master Fund. |
Subscription in kind
Subscription in kind | 12 Months Ended |
Dec. 31, 2017 | |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | |
Subscription in kind | Note 7. Subscription in kind The Master Fund commenced operations on May 10, 2017. The first subscription into the Master Fund was made by LLC 531 and was done, in part, via a transfer of assets on that date. LLC 531 contributed $561,846 in unrealized appreciation on open futures and foreign currency forward contracts. |
Significant Accounting Polici25
Significant Accounting Policies (Policies) | 12 Months Ended |
Dec. 31, 2017 | |
Series Of Frontier Fund [Member] | |
Basis of Presentation | Basis of Presentation |
Consolidation | Consolidation Galaxy Plus entities are co-mingled investment vehicles. In addition to the Series, there are other non-affiliated investors in Galaxy Plus. Subscriptions and redemptions by these non-affiliated investors will have a direct impact on the Series ownership percentage in Galaxy Plus. It is expected that ownership percentage will fluctuate (sometimes significantly) on a week by week basis which could also result in frequent changes in the consolidating Series. Such fluctuations make consolidating the financial statements of the Galaxy Plus entities both impractical and misleading. Non-consolidation of these Galaxy Plus entities presents a more useful financial statement for the readers. As such, management has decided that presenting Galaxy Plus entities on a non-consolidated basis as investments in other investments companies (a “fund of funds” approach) is appropriate and preferable to the users of these financial statements. Refer to Note 5 for additional disclosures related to these private investment companies. As of December 31, 2017 and as of December 31, 2016, the consolidated statement of financial condition of Frontier Balanced Fund included the assets and liabilities of its wholly owned interests in Frontier Trading Company I, LLC and Frontier Trading Company XXXIV, LLC. For the year ended December 31, 2017, the consolidated statement of operations of Frontier Balanced Fund included the earnings of its majority interest in Frontier Trading Company I, LLC and Frontier Trading Company XXXIV, LLC. For the year ended December 31, 2016, the consolidated statement of operations of Frontier Balanced Fund included the earnings of its majority interest in Frontier Trading Company I, LLC and Frontier Trading Company XXXIV, LLC as well as the results from operations for those Trading Companies that ceased operations during the year up to the date that operations ceased. Those Trading Companies that ceased operations during the year include Frontier Trading Company XIV, LLC on April 21, 2016, Frontier Trading Company XXIII, LLC on July 22, 2016, and Frontier Trading Company XXIX, LLC on January 29, 2016. As of December 31, 2017 and December 31, 2016, the consolidated statement of financial condition of Frontier Long/Short Commodity Fund included the assets and liabilities of its wholly owned Trading Company, Frontier Trading Company XXXVII, LLC. For the year ended December 31, 2017, the consolidated statement of operations of Frontier Long/Short Commodity Fund included the earnings of its majority owned Trading Company listed above. For the year ended December 31, 2016, the consolidated statement of operations of Frontier Long/Short Commodity Fund included the earnings of its majority owned Trading Company listed above as well as the results from operations for those Trading Companies that ceased operations during the year up to the date that operations ceased. Those trading companies that ceased operations during the year include Frontier Trading Company VII LLC on April 28, 2016. As of December 31, 2017 and December 31, 2016, the consolidated statement of financial condition of Frontier Diversified Fund included the assets and liabilities of its wholly owned Frontier Trading Company XXXV, LLC. For the years ended December 31, 2017 and 2016, the consolidated statement of operations of Frontier Diversified Fund included the earnings of its wholly owned Trading Company listed above. As of and for the years ended December 31, 2017 and December 31, 2016, the consolidated statement of financial condition and statement of operations of Frontier Heritage Fund included the assets and liabilities, and earnings, respectively, of its majority owned Trading Company, Frontier Trading Company XXXIX, LLC. As of December 31, 2016, the consolidated statement of financial condition of Frontier Select Fund include the assets and liabilities of it majority owned Frontier Trading Company XV, LLC. For the year ended December 31, 2017, the consolidated statement of operations of Frontier Select Fund included the earnings of its majority owned Trading Company, Frontier Trading Company XV, LLC through the period that Trading Company XV, LLC ceased operation on May 9, 2017. For the year ended December 31, 2016, the consolidated statement of operations of Frontier Select Fund included the earnings of its majority owned Trading Company listed above. As of December 31, 2016, the consolidated statement of financial condition Frontier Winton Fund included the assets and liabilities, respectively, of its majority owned Trading Company, Frontier Trading Company II, LLC. For the year ended December 31, 2017, the consolidated statements of operations of Frontier Winton Fund include the earnings of its majority owned Trading Company, Frontier Trading Company II, LLC from January 1, 2017 through December 14, 2017. For the year ended December 31,2016, the consolidated statement of operations of Frontier Winton Fund included the earnings of its majority owned Trading Company listed above. As of and for the years ended December 31, 2017 and 2016, Frontier Master Fund did not have a majority interest in any Trading Company. Each of the Series has invested in Frontier Trading Company XXXVIII, LLC on the same basis as its ownership in the cash pool. Frontier Trading Company XXXVIII, LLC’s assets, liabilities and earnings are allocated to all of the Series of the Trust based on their proportionate share of the cash pool. Each Series investment in the Frontier Trading Company XXXVIII, LLC is listed under Investments in unconsolidated trading companies, at fair value on the Statements of Financial Condition. |
Change in Consolidation Method | Change in Consolidation Method— |
Use of Estimates | Use of Estimates— |
Cash and Cash Equivalents | Cash and Cash Equivalents— |
Interest Income | Interest Income— |
U.S. Treasury Securities | U.S. Treasury Securities— Fair Value Measurements and Disclosures (“ |
Receivable from Futures Commission Merchants | Receivable From Futures Commission Merchants |
Investment Transactions | Investment Transactions— Balance Sheet (“ASC 210” Balance Sheet (Topic 210 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 is based on third party quoted dealer values on the interbank market. For U.S. Treasury securities, interest is recognized in the period earned and the instruments are marked-to-market daily based on third party information. Transaction costs are recognized as incurred and reflected separately in the statements of operations. |
Purchase and Sales of Private Investment Companies | Purchase and Sales of Private Investment Companies |
Foreign Currency Transactions | Foreign Currency Transactions— |
Allocation of Earnings | Allocation of Earnings— Each Series allocates funds to an affiliated Trading Company, or Companies, of the Trust or unaffiliated Galaxy Plus entity. Each Trading Company allocates all of its daily trading gains or losses to the Series in proportion to each Series’ ownership trading level interest in the Trading Company, adjusted on a daily basis (except for Trading Advisors and other investments such as swaps that are directly allocated to a specific Series). Likewise, trading gains and losses earned and incurred by the Series through their investments in Galaxy Plus entities are allocated to those Series on a daily basis. The allocation of gains and losses in Galaxy Plus entities are based on each Series pro-rata shares of the trading level of that entity which is updated at the beginning of each month or more frequently if there is a subscription or redemption activity in the entity. The value of all open contracts and cash held at clearing brokers is similarly allocated to the Series in proportion to each Series’ funds allocated to the Trading Companies or Galaxy Plus entities. |
Investments and Swaps | Investments and Swaps |
Income Taxes | Income Taxes Income Taxes In the opinion of the Managing Owner, (i) the Trust, with respect to the Series, is treated as a partnership for federal income tax purposes and, assuming that at least 90% of the gross income of the Trust constitutes “qualifying income” within the meaning of Section 7704(d) of the Code, (ii) the Trust is not a publicly traded partnership treated as a corporation, and (iii) the discussion set forth in the Prospectus under the heading “U.S. Federal Income Tax Consequences” correctly summarizes the material federal income tax consequences as of the date of the Prospectus to potential U.S. Limited Owners of the purchase, ownership and disposition of Units of the Trust. |
Fees and Expenses | Fees and Expenses |
Incentive Fee (rebate) | Incentive Fee (rebate)— |
Service Fees | Service Fees These service fees are part of the offering costs of the Trust, with respect to the Series, which include registration and filing fees, legal and blue sky expenses, accounting and audit, printing, marketing support and other offering costs which are borne by the Managing Owner. With respect to the service fees, the initial service fee (for the first 12 months) relating to a purchase of Class 1 and Class 1a Units by an investor is prepaid by the Managing Owner to the relevant selling agent in the month following such purchase and is reimbursed for such payment by the Series monthly in arrears in an amount based upon a corresponding percentage of NAV, calculated daily. Consequently, the Managing Owner bears the risk of the downside and the benefit of the upside potential of any difference between the amount of the initial service fee prepaid by it and the amount of the reimbursement thereof, which may result from variations in NAV over the following 12 months. |
Pending Owner Additions | Pending Owner Additions— |
Owner redemptions payable | Owner redemptions payable— |
Recently Adopted Accounting Pronouncements | Recently Adopted Accounting Pronouncements— |
Subsequent Events | Subsequent Events Subsequent Events |
Equinox Frontier Fund [Member] | |
Basis of Presentation | Basis of Presentation |
Consolidation | Consolidation Galaxy Plus entities are co-mingled investment vehicles. In addition to the Trust, there are other non-affiliated investors in Galaxy Plus. Subscriptions and redemptions by these non-affiliated investors will have a direct impact on the Trust ownership percentage in Galaxy Plus. It is expected that ownership percentage will fluctuate (sometimes significantly) on a week by week basis which could also result in frequent changes in the consolidating Series. Such fluctuations make consolidating the financial statements of the Galaxy Plus entities both impractical and misleading. Non-consolidation of these Galaxy Plus entities presents a more useful financial statement for the readers. As such, management has decided that presenting Galaxy Plus entities on a non-consolidated basis as investments in other investments companies (a “fund of funds” approach) is appropriate and preferable to the users of these financial statements. Refer to Note 5 for additional disclosures related to these private investment companies. |
Change in Consolidation Method | Change in Consolidation Method— |
Use of Estimates | Use of Estimates— |
Cash and Cash Equivalents | Cash and Cash Equivalents— |
Interest Income | Interest Income— |
U.S. Treasury Securities | U.S. Treasury Securities— Fair Value Measurements and Disclosures (“ |
Receivable from Futures Commission Merchants | Receivable from Futures Commission Merchants— |
Investment Transactions | Investment Transactions— Balance Sheet (“ASC 210” Balance Sheet (Topic 210 Any change in net unrealized gain or loss from the preceding period is reported in the consolidated statements of operations. Fair value of exchange-traded contracts is based upon exchange settlement prices. Fair value of non-exchange-traded contracts is based on third party quoted dealer values on the interbank market. For U.S. Treasury securities, interest was recognized in the period earned and the instruments were marked-to-market daily based on third party information. Transaction costs are recognized as incurred and reflected separately in the consolidated statements of operations. |
Purchase and Sales of Private Investment Companies | Purchase and Sales of Private Investment Companies |
Foreign Currency Transactions | Foreign Currency Transactions— |
Allocation of Earnings | Allocation of Earnings— Each Series allocates funds to an affiliated Trading Company, or Companies, of the Trust, or unaffiliated Galaxy Plus entity. Each Trading Company allocates all of its daily trading gains or losses to the Series in proportion to each Series’ ownership trading level interest in the Trading Company, adjusted on a daily basis (except for Trading Advisors and other investments such as swaps that are directly allocated to a specific series). Likewise, trading gains and losses earned and incurred by the Series through their investments in Galaxy Plus entities are allocated to those Series on a daily basis. The allocation of gains and losses in Galaxy Plus entities are based on each Series pro-rata shares of the trading level of that entity which is updated at the beginning of each month or more frequently if there is a subscription or redemption activity in the entity. The value of all open contracts and cash held at clearing brokers is similarly allocated to the Series in proportion to each Series’ funds allocated to the Trading Companies or Galaxy Plus entities. |
Investments and Swaps | Investments and Swaps— |
Income Taxes | Income Taxes— Income Taxes In the opinion of the Managing Owner, (i) the Trust is treated as a partnership for Federal income tax purposes and, assuming that at least 90% of the gross income of the Trust constitutes “qualifying income” within the meaning of Section 7704(d) of the Code, (ii) the Trust is not a publicly traded partnership treated as a corporation, and (iii) the discussion set forth in the Prospectus under the heading “U.S. Federal Income Tax Consequences” correctly summarizes the material Federal income tax consequences as of the date of the Prospectus to potential U.S. Limited Owners of the purchase, ownership and disposition of Series Units of the Trust. |
Fees and Expenses | Fees and Expenses— |
Incentive Fee (rebate) | Incentive Fee (rebate)— |
Service Fees | Service Fees These service fees are part of the offering costs of the Trust, which include registration and filing fees, legal and blue sky expenses, accounting and audit, printing, marketing support and other offering costs which are borne by the Managing Owner. With respect to the service fees, the initial service fee (for the first 12 months) relating to a purchase of Class 1 and Class 1a Units by an investor is prepaid by the Managing Owner to the relevant selling agent in the month following such purchase and is reimbursed for such payment by the Series monthly in arrears in an amount based upon a corresponding percentage of NAV, calculated daily. Consequently, the Managing Owner bears the risk of the downside and enjoys the benefit of the upside potential of any difference between the amount of the initial service fee prepaid by it and the amount of the reimbursement thereof, which may result from variations in NAV over the following 12 months. |
Pending Owner Additions | Pending Owner Additions— |
Owner redemptions payable | Owner redemptions payable— |
Recently Adopted Accounting Pronouncements | Recently Adopted Accounting Pronouncements— |
Subsequent Events | Subsequent Events Subsequent Events |
The Trading Companies of the Equinox Frontier Funds [Member] | |
Basis of Presentation | Basis of Presentation |
Change in Consolidation Method | Change in Consolidation Method— |
Use of Estimates | Use of Estimates— |
Receivable from Futures Commission Merchants | Receivable from Futures Commission Merchants |
Investment Transactions | Investment Transactions— |
Purchase and Sales of Private Investment Companies | Purchase and Sales of Private Investment Companies |
Foreign Currency Transactions | Foreign Currency Transaction |
Investments and Swaps | Investments and Swaps |
Income Taxes | Income Taxes Income Taxes |
Fees and Expenses | Fees and Expenses |
Recently Adopted Accounting Pronouncements | Recently Adopted Accounting Pronouncement— |
Subsequent Events | Subsequent Events Subsequent Events |
Galaxy Plus Fund LLC [Member] | |
Basis of Presentation | Principles of accounting: |
Use of Estimates | Use of estimates: |
Cash and Cash Equivalents | Cash at bank: |
Interest Income | Interest income/expense: |
Investment Transactions | Investments: |
Income Taxes | Income taxes: The Funds are treated as partnerships for U.S. Federal income tax purposes and, as such, are generally not subject to U.S. Federal, state or local income taxes. The members of the Funds are liable for their share of all U.S. Federal, state, and local taxes, if any imposed on the net investment income and realized gains of the Funds. |
Investment in Master Fund | Investment in Master Fund |
Subscriptions received in advance | Subscriptions received in advance: |
Allocation of income and gains and losses | Allocation of income and gains and losses: |
Indemnifications | Indemnifications: |
Statement of cash flows | Statement of cash flows: ● During the period, substantially all of the Funds’ investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Funds had little or no debt during the period; ● The Onshore Platform financial statements include statements of changes in members’ equity. |
Subscriptions and redemptions | Subscriptions and redemptions: |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | |
Basis of Presentation | Principles of accounting: |
Use of Estimates | Use of estimates: |
Cash and Cash Equivalents | Cash and restricted cash: |
Interest Income | Interest income/expense: |
Allocation of Earnings | Allocation of income and gains and losses: |
Income Taxes | Income taxes: |
Indemnifications | Indemnifications: |
Statement of cash flows | Statement of cash flows: ● During the year, substantially all of the Master Fund’s investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Master Fund had little or no debt during the year; ● The Master Fund’s financial statements include a statement of changes in member’s equity. |
Subscriptions and redemptions | Subscriptions and redemptions: |
Offsetting of amounts related to certain contracts | Offsetting of amounts related to certain contracts: |
Valuation and Revenue Recognition | Valuation and Revenue Recognition: Futures and options on futures contracts: Foreign currency transactions: |
Trading costs | Trading costs: |
Galaxy Plus Fund - Chesapeake Master Fund (518) LLC [Member] | |
Basis of Presentation | Principles of accounting: |
Use of Estimates | Use of estimates: |
Cash and Cash Equivalents | Cash and restricted cash: |
Interest Income | Interest income/expense: |
Allocation of Earnings | Allocation of income and gains and losses: |
Income Taxes | Income taxes: |
Indemnifications | Indemnifications: |
Statement of cash flows | Statement of cash flows: ● During the year, substantially all of the Master Fund’s investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Master Fund had little or no debt during the year; ● The Master Fund’s financial statements include a statement of changes in member’s equity. |
Subscriptions and redemptions | Subscriptions and redemptions: |
Offsetting of amounts related to certain contracts | Offsetting of amounts related to certain contracts: |
Valuation and Revenue Recognition | Valuation and Revenue Recognition: Futures and options on futures contracts: Foreign currency transactions: |
Trading costs | Trading costs: |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | |
Basis of Presentation | Principles of accounting: |
Use of Estimates | Use of estimates: |
Cash and Cash Equivalents | Cash and restricted cash: |
Interest Income | Interest income/expense: |
Allocation of Earnings | Allocation of income and gains and losses: |
Income Taxes | Income taxes: |
Indemnifications | Indemnifications: |
Statement of cash flows | Statement of cash flows: ● During the year, substantially all of the Master Fund’s investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Master Fund had little or no debt during the year; ● The Master Fund’s financial statements include a statement of changes in member’s equity. |
Subscriptions and redemptions | Subscriptions and redemptions: |
Offsetting of amounts related to certain contracts | Offsetting of amounts related to certain contracts: |
Valuation and Revenue Recognition | Valuation and Revenue Recognition: Futures and options on futures contracts: |
Trading costs | Trading costs: |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | |
Basis of Presentation | Principles of accounting: |
Use of Estimates | Use of estimates: |
Cash and Cash Equivalents | Cash and restricted cash: |
Interest Income | Interest income/expense: |
Allocation of Earnings | Allocation of income and gains and losses: |
Income Taxes | Income taxes: |
Indemnifications | Indemnifications: |
Statement of cash flows | Statement of cash flows: ● During the year, substantially all of the Master Fund’s investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Master Fund had little or no debt during the year; ● The Master Fund’s financial statements include a statement of changes in member’s equity. |
Subscriptions and redemptions | Subscriptions and redemptions: |
Offsetting of amounts related to certain contracts | Offsetting of amounts related to certain contracts: |
Valuation and Revenue Recognition | Valuation and Revenue Recognition: Futures and options on futures contracts: Foreign currency transactions: |
Trading costs | Trading costs: |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | |
Basis of Presentation | Principles of accounting: |
Use of Estimates | Use of estimates: |
Cash and Cash Equivalents | Cash and restricted cash: |
Interest Income | Interest income/expense: |
Allocation of Earnings | Allocation of income and gains and losses: |
Income Taxes | Income taxes: |
Indemnifications | Indemnifications: |
Statement of cash flows | Statement of cash flows: ● During the year, substantially all of the Master Fund’s investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Master Fund had little or no debt during the year; ● The Master Fund’s financial statements include a statement of changes in member’s equity. |
Subscriptions and redemptions | Subscriptions and redemptions: |
Offsetting of amounts related to certain contracts | Offsetting of amounts related to certain contracts: |
Valuation and Revenue Recognition | Valuation and Revenue Recognition: Futures and options on futures contracts: Foreign currency transactions: |
Trading costs | Trading costs: |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | |
Basis of Presentation | Principles of accounting: |
Use of Estimates | Use of estimates: |
Cash and Cash Equivalents | Cash and restricted cash: |
Interest Income | Interest income/expense: |
Allocation of Earnings | Allocation of income and gains and losses: |
Income Taxes | Income taxes: |
Indemnifications | Indemnifications: |
Statement of cash flows | Statement of cash flows: ● During the year, substantially all of the Master Fund’s investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Master Fund had little or no debt during the year; ● The Master Fund’s financial statements include a statement of changes in member’s equity. |
Subscriptions and redemptions | Subscriptions and redemptions: |
Offsetting of amounts related to certain contracts | Offsetting of amounts related to certain contracts: |
Valuation and Revenue Recognition | Valuation and Revenue Recognition: Futures and options on futures contracts: Foreign currency transactions: |
Trading costs | Trading costs: |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | |
Basis of Presentation | Principles of accounting: |
Use of Estimates | Use of estimates: |
Cash and Cash Equivalents | Cash and restricted cash: |
Interest Income | Interest income/expense: |
Allocation of Earnings | Allocation of income and gains and losses: |
Income Taxes | Income taxes: |
Indemnifications | Indemnifications: |
Statement of cash flows | Statement of cash flows: ● During the year, substantially all of the Master Fund’s investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Master Fund had little or no debt during the year; ● The Master Fund’s financial statements include a statement of changes in member’s equity. |
Subscriptions and redemptions | Subscriptions and redemptions: |
Offsetting of amounts related to certain contracts | Offsetting of amounts related to certain contracts: |
Valuation and Revenue Recognition | Valuation and Revenue Recognition: Futures and options on futures contracts: Foreign currency transactions: |
Trading costs | Trading costs: |
Galaxy Plus Fund - Quantmetrics Master Fund (527) LLC [Member] | |
Basis of Presentation | Principles of accounting: |
Use of Estimates | Use of estimates: |
Cash and Cash Equivalents | Cash and restricted cash: |
Interest Income | Interest income/expense: |
Allocation of Earnings | Allocation of income and gains and losses: |
Income Taxes | Income taxes: |
Indemnifications | Indemnifications: |
Statement of cash flows | Statement of cash flows: ● During the year, substantially all of the Master Fund’s investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Master Fund had little or no debt during the year; ● The Master Fund’s financial statements include a statement of changes in member’s equity. |
Subscriptions and redemptions | Subscriptions and redemptions: |
Offsetting of amounts related to certain contracts | Offsetting of amounts related to certain contracts: |
Valuation and Revenue Recognition | Valuation and Revenue Recognition: Futures and options on futures contracts: Foreign currency transactions: |
Trading costs | Trading costs: |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | |
Basis of Presentation | Principles of accounting: |
Use of Estimates | Use of estimates: |
Cash and Cash Equivalents | Cash and restricted cash: |
Interest Income | Interest income/expense: |
Allocation of Earnings | Allocation of income and gains and losses: |
Income Taxes | Income taxes: |
Indemnifications | Indemnifications: |
Statement of cash flows | Statement of cash flows: ● During the year, substantially all of the Master Fund’s investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Master Fund had little or no debt during the year; ● The Master Fund’s financial statements include a statement of changes in member’s equity. |
Subscriptions and redemptions | Subscriptions and redemptions: |
Offsetting of amounts related to certain contracts | Offsetting of amounts related to certain contracts: |
Valuation and Revenue Recognition | Valuation and Revenue Recognition: Futures and options on futures contracts: Foreign currency transactions: |
Trading costs | Trading costs: |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | |
Basis of Presentation | Principles of accounting: |
Use of Estimates | Use of estimates: |
Cash and Cash Equivalents | Cash and restricted cash: |
Interest Income | Interest income/expense: |
Allocation of Earnings | Allocation of income and gains and losses: |
Income Taxes | Income taxes: |
Indemnifications | Indemnifications: |
Statement of cash flows | Statement of cash flows: ● During the year, substantially all of the Master Fund’s investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Master Fund had little or no debt during the year; ● The Master Fund’s financial statements include a statement of changes in member’s equity. |
Subscriptions and redemptions | Subscriptions and redemptions: |
Offsetting of amounts related to certain contracts | Offsetting of amounts related to certain contracts: |
Valuation and Revenue Recognition | Valuation and Revenue Recognition: Futures and options on futures contracts: Foreign currency transactions: |
Trading costs | Trading costs: |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | |
Basis of Presentation | Principles of accounting: |
Use of Estimates | Use of estimates: |
Cash and Cash Equivalents | Cash and restricted cash: |
Interest Income | Interest income/expense: |
Allocation of Earnings | Allocation of income and gains and losses: |
Income Taxes | Income taxes: |
Indemnifications | Indemnifications: |
Statement of cash flows | Statement of cash flows: ● During the period, substantially all of the Master Fund’s investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Master Fund had little or no debt during the period; ● The Master Fund’s financial statements include a statement of changes in member’s equity. |
Subscriptions and redemptions | Subscriptions and redemptions: |
Offsetting of amounts related to certain contracts | Offsetting of amounts related to certain contracts: |
Valuation and Revenue Recognition | Valuation and Revenue Recognition: Futures and options on futures contracts: Forward currency contracts: Foreign currency transactions: |
Trading costs | Trading costs: |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | |
Basis of Presentation | Principles of accounting: |
Use of Estimates | Use of estimates: |
Cash and Cash Equivalents | Cash and restricted cash: |
Interest Income | Interest income/expense: |
Allocation of Earnings | Allocation of income and gains and losses: |
Income Taxes | Income taxes: |
Indemnifications | Indemnifications: |
Statement of cash flows | Statement of cash flows: ● During the period, substantially all of the Master Fund’s investments were carried at fair value and classified as Level 1 or Level 2 measurements in accordance with FASB ASC 820; ● The Master Fund had little or no debt during the period; ● The Master Fund’s financial statements include a statement of changes in member’s equity. |
Subscriptions and redemptions | Subscriptions and redemptions: |
Offsetting of amounts related to certain contracts | Offsetting of amounts related to certain contracts: |
Valuation and Revenue Recognition | Valuation and Revenue Recognition: Futures and options on futures contracts: Foreign currency transactions: |
Trading costs | Trading costs: |
Fair Value Measurements (Tables
Fair Value Measurements (Tables) | 12 Months Ended |
Dec. 31, 2017 | |
Series Of Frontier Fund [Member] | |
Financial Asset Portfolio, by Series, Measured at Fair Value on Recurring Basis | The following table summarizes investments in each Series measured at fair value on a recurring basis as of December 31, 2017 and December 31, 2016 segregated by the level of valuation inputs within the fair value hierarchy utilized to measure fair value. December 31, 2017 Level 1 Inputs Level 2 Inputs Level 3 Inputs Total Frontier Diversified Fund Investment in Unconsolidated Trading Companies $ 2,152,721 $ 55,593 $ — $ 2,208,314 Swap Contracts — — 6,376,472 6,376,472 U.S. Treasury Securities 767,049 — — 767,049 Frontier Masters Fund Investment in Unconsolidated Trading Companies 1,460,743 31,450 — 1,492,193 U.S. Treasury Securities 1,663,014 — — 1,663,014 Frontier Long/Short Commodity Fund Investment in Unconsolidated Trading Companies 121,510 — — 121,510 Swap Contracts — — 397,039 397,039 U.S. Treasury Securities 614,803 — — 614,803 Frontier Balanced Fund Investment in Unconsolidated Trading Companies 3,072,933 81,725 — 3,154,658 Open Trade Equity (Deficit) 144,983 33,569 — 178,552 Swap Contracts — — 11,340,959 11,340,959 U.S. Treasury Securities 663,808 — — 663,808 Frontier Select Fund Investment in Unconsolidated Trading Companies 91,790 — 579,073 670,863 U.S. Treasury Securities 464,427 — — 464,427 Frontier Winton Fund Investment in Unconsolidated Trading Companies 7,750,343 184,193 — 7,934,536 U.S. Treasury Securities 5,667,825 — — 5,667,825 Frontier Heritage Fund Investment in Unconsolidated Trading Companies 1,500,688 35,943 — 1,536,631 Swap Contracts — — 3,094,367 3,094,367 U.S. Treasury Securities 1,046,861 — — 1,046,861 December 31, 2016 Level 1 Inputs Level 2 Inputs Level 3 Inputs Total Frontier Diversified Fund Investment in Unconsolidated Trading Companies $ 4,188,662 $ 12,966 $ — $ 4,201,628 Swap Contracts — — 8,637,847 8,637,847 U.S. Treasury Securities 6,525,280 — — 6,525,280 Frontier Masters Fund Investment in Unconsolidated Trading Companies 6,667,632 10,474 — 6,678,106 U.S. Treasury Securities 4,313,843 — — 4,313,843 Frontier Long/Short Commodity Fund Swap Contracts — — 4,220,468 4,220,468 Frontier Balanced Fund Investment in Unconsolidated Trading Companies 5,998,541 (33,210 ) — 5,965,331 Open Trade Equity (Deficit) 288,647 (50,986 ) — 237,661 Swap Contracts — — 18,939,450 18,939,450 U.S. Treasury Securities 9,770,117 — — 9,770,117 Frontier Select Fund Investment in Unconsolidated Trading Companies 759,978 3,609 3,147,279 3,910,866 Open Trade Equity (Deficit) 679,310 6,712 — 686,022 U.S. Treasury Securities 2,912,611 — — 2,912,611 Winton Fund Investment in Unconsolidated Trading Companies 4,020,731 51,719 — 4,072,450 Open Trade Equity (Deficit) 1,123,666 98,858 — 1,222,524 U.S. Treasury Securities 15,533,863 — — 15,533,863 Frontier Heritage Fund Investment in Unconsolidated Trading Companies 2,735,614 9,026 — 2,744,640 Swap Contracts — — 8,391,414 8,391,414 U.S. Treasury Securities 3,701,890 — — 3,701,890 |
Change in Level 3 Assets Measured at Fair Value on Recurring Basis | 2017: For the Year Ended December 31, 2017 Swaps Frontier Long/Short Frontier Diversified Fund Commodity Fund Frontier Balanced Fund Balance of recurring Level 3 assets as of January 1, 2017 $ 8,637,847 $ 4,220,468 $ 18,939,450 Total gains or losses (realized/unrealized): Included in earnings-realized — — — Included in earnings-unrealized (47,375 ) 26,621 (84,491 ) Proceeds from collateral reduction (2,214,000 ) (3,850,050 ) (7,514,000 ) Change in ownership allocation — — — Transfers in and/or out of Level 3 — — — Balance of recurring Level 3 assets as of December 31, 2017 $ 6,376,472 $ 397,039 $ 11,340,959 Frontier Heritage Fund Balance of recurring Level 3 assets as of January 1, 2017 $ 8,391,414 Total gains or losses (realized/unrealized): Included in earnings-realized — Included in earnings-unrealized (297,047 ) Proceeds from collateral reduction (5,000,000 ) Change in ownership allocation — Transfers in and/or out of Level 3 — Balance of recurring Level 3 assets as of December 31, 2017 $ 3,094,367 Investments in Unconsolidated Trading Companies: Frontier Select Fund Balance of recurring Level 3 assets as of January 1, 2017 $ 3,147,279 Change in fair value of investments in unconsolidated trading companies (144,019 ) Change in ownership allocation (2,424,187 ) Transfers in and/or out of Level 3 — Balance of recurring Level 3 assets as of December 31, 2017 $ 579,073 2016: For the Year Ended December 31, 2016 Swaps: Frontier Frontier Long/Short Commodity Frontier Diversified Fund Fund Balanced Fund Balance of recurring Level 3 assets as of January 1, 2016 $ 8,685,849 $ 4,332,428 $ 19,157,520 Total gains or losses (realized/unrealized): Included in earnings-realized — — — Included in earnings-unrealized (48,002 ) (111,960 ) (218,070 ) Change in ownership allocation — — — Transfers in and/or out of Level 3 — — — Balance of recurring Level 3 assets as of December 31, 2016 8,637,847 $ 4,220,468 $ 18,939,450 Frontier Heritage Fund Balance of recurring Level 3 assets as of January 1, 2016 $ 7,960,268 Total gains or losses (realized/unrealized): Included in earnings-realized — Included in earnings-unrealized 431,146 Change in ownership allocation — Transfers in and/or out of Level 3 — Balance of recurring Level 3 assets as of December 31, 2016 $ 8,391,414 Investments in Unconsolidated Trading Companies: Frontier Select Fund Balance of recurring Level 3 assets as of January 1, 2016 $ 3,933,919 Change in fair value of investments in unconsolidated trading companies 368,596 Advance on unrealized Swap Appreciation (1,155,236 ) Transfers in and/or out of Level 3 — Balance of recurring Level 3 assets as of December 31, 2016 $ 3,147,279 |
Change in Unrealized Appreciation (Depreciation) included in Statements of Operations Attributable to Level 3 Investments | The total change in unrealized appreciation (depreciation) included in the statements of operations attributable to level 3 investments still held at December 31, 2017. Frontier Diversified Frontier Long/Short Fund Commodity Fund Frontier Balanced Fund Frontier Heritage Fund Swap Contracts $ (47,375 ) $ 26,621 $ (84,491 ) $ (297,047 ) The total change in unrealized appreciation (depreciation) included in the statements of operations attributable to level 3 investments still held at December 31, 2016. Frontier Diversified Frontier Long/Short Fund Commodity Fund Frontier Balanced Fund Frontier Heritage Fund Swap Contracts $ (48,002 ) $ (111,960 ) $ (218,070 ) $ 431,146 The total change in unrealized appreciation (depreciation) included in the statements of operations attributable to level 3 investments still held at December 31, 2015. Frontier Diversified Frontier Long/Short Fund Commodity Fund Frontier Balanced Fund Frontier Heritage Fund Swap Contracts $ 2,115,441 $ (300,633 ) $ (910,566 ) $ 419,803 |
Equinox Frontier Fund [Member] | |
Financial Asset Portfolio, by Series, Measured at Fair Value on Recurring Basis | The following table summarizes the instruments that comprise the Trust’s financial asset portfolio, in aggregate, measured at fair value on a recurring basis as of December 31, 2017 and 2016, segregated by the level of valuation inputs within the fair value hierarchy utilized to measure fair value: December 31, 2017 Level 1 Inputs Level 2 Inputs Level 3 Inputs Fair Value Open Trade Equity (Deficit) $ 1,145,940 $ 422,474 $ — $ 1,568,414 Swap Contracts — — 21,208,838 21,208,838 U.S. Treasury Securities 10,887,786 — — 10,887,786 Total December 31, 2016 Level 1 Inputs Level 2 Inputs Level 3 Inputs Fair Value Open Trade Equity (Deficit) $ 2,091,623 $ 54,584 $ — $ 2,146,207 Swap Contracts — — 40,189,178 40,189,178 U.S. Treasury Securities 42,757,604 — — 42,757,604 |
Change in Level 3 Assets Measured at Fair Value on Recurring Basis | The changes in Level 3 assets measured at fair value on a recurring basis are summarized in the following tables. Swap contract asset gains and losses (realized/unrealized) included in earnings are classified in “realized and unrealized gain (loss) on investments – net unrealized gain/(loss) on swap contracts” on the statements of operations. For the Year ended December 31, 2017 Balance of recurring Level 3 assets as of January 1, 2017 $ 40,189,178 Total gains or losses (realized/unrealized): Included in earnings-realized — Included in earnings-unrealized (402,290 ) Proceeds from collateral reduction (18,578,050 ) Purchase of investments — Sale of investments — Transfers in and/or out of Level 3 — Balance of recurring Level 3 assets as of December 31, 2017 $ 21,208,838 For the Year ended December 31, 2016 Balance of recurring Level 3 assets as of January 1, 2016 $ 40,136,065 Total gains or losses (realized/unrealized): Included in earnings-realized — Included in earnings-unrealized 53,113 Purchase of investments — Sale of investments — Transfers in and/or out of Level 3 — Balance of recurring Level 3 assets as of December 31, 2016 $ 40,189,178 |
Change in Unrealized Appreciation (Depreciation) included in Statements of Operations Attributable to Level 3 Investments | The total change in unrealized appreciation (depreciation) included in the statements of operations attributable to level 3 investments still held at December 31, 2017: Swaps $ (402,290 ) The total change in unrealized appreciation (depreciation) included in the statements of operations attributable to level 3 investments still held at December 31, 2016: Swaps $ 53,113 |
The Trading Companies of the Equinox Frontier Funds [Member] | |
Financial Asset Portfolio, by Series, Measured at Fair Value on Recurring Basis | The following table summarizes the instruments that comprise the Trading Companies financial asset portfolio measured at fair value on a recurring basis as of December 31, 2017 and 2016, segregated by the level of valuation inputs within the fair value hierarchy utilized to measure fair value: Total December 31, 2017 Level 1 Inputs Level 2 Inputs Level 3 Inputs Fair Value Frontier Trading Company I LLC Open Trade Equity (Deficit) $ 144,983 $ 33,569 $ — $ 178,552 Frontier Trading Company II LLC Open Trade Equity (Deficit) 1,000,957 388,905 — 1,389,862 Frontier Trading Company XXXIV, LLC Swap Contracts — — 11,340,959 11,340,959 Frontier Trading Company XXXV, LLC Swap Contracts — — 6,376,472 6,376,472 Frontier Trading Company XXXVII, LLC Swap Contracts — — 397,039 397,039 Frontier Trading Company XXXIX, LLC Swap Contracts — — 3,094,367 3,094,367 Frontier Trading Company XXXVIII, LLC Private Investment Companies — 2,151,869 — 2,151,869 Total December 31, 2016 Level 1 Inputs Level 2 Inputs Level 3 Inputs Fair Value Frontier Trading Company I LLC Open Trade Equity (Deficit) $ 288,647 $ (50,986 ) $ — $ 237,661 Frontier Trading Company II LLC Open Trade Equity (Deficit) 1,123,666 98,858 — 1,222,524 Frontier Trading Company XV, LLC Open Trade Equity (Deficit) 635,782 6,712 — 642,494 Frontier Trading Company XXXIV, LLC Swap Contracts — — 18,939,450 18,939,450 Frontier Trading Company XXXV, LLC Swap Contracts — — 8,637,847 8,637,847 Frontier Trading Company XXXVII, LLC Swap Contracts — — 4,220,468 4,220,468 Frontier Trading Company XXXVIII, LLC Private Investment Companies — 11,183,404 — 11,183,404 Frontier Trading Company XXXIX, LLC Swap Contracts — — 8,391,414 8,391,414 |
Change in Level 3 Assets Measured at Fair Value on Recurring Basis | The changes in Level 3 assets measured at fair value on a recurring basis are summarized in the following tables. Swap Contract asset gains and losses (realized/unrealized) included in earnings are classified in “net realized and unrealized gain/(loss) on investments net realized and unrealized gain/(loss) on swap contracts” on the statements of operations. During the years ended December 31, 2017 and 2016, all identified level three assets were components of the Frontier Trading Company XXXIV, XXXV, XXXVII, and XXXIX. Frontier Trading Company Frontier Trading Company XXXIV LLC XXXIX, LLC For The Year Ending For The Year Ending December 31, 2017 December 31, 2017 Balance of recurring Level 3 assets as of January 1, 2017 $ 18,939,449 $ 8,391,414 Total gains or losses (realized/unrealized): Included in earnings-realized — — Included in earnings-unrealized (84,491 ) (297,047 ) Included in other comprehensive income — — Purchases, sales, issuances, and settlements, net (7,513,999 ) (5,000,000 ) Transfers in and/or out of Level 3 — — Balance of recurring Level 3 assets as of December 31, 2017 $ 11,340,959 $ 3,094,367 Frontier Trading Company Frontier Trading Company XXXV LLC XXXVII, LLC For The Year Ending For The Year Ending December 31, 2017 December 31, 2017 Balance of recurring Level 3 assets as of January 1, 2017 $ 8,637,847 $ 4,220,468 Total gains or losses (realized/unrealized): Included in earnings-realized — — Included in earnings-unrealized (47,375 ) 26,621 Included in other comprehensive income — — Purchases, sales, issuances, and settlements, net (2,214,000 ) (3,850,050 ) Transfers in and/or out of Level 3 — — Balance of recurring Level 3 assets as of December 31, 2017 $ 6,376,472 $ 397,039 Frontier Trading Company Frontier Trading Company Balance of recurring Level 3 assets as of January 1, 2016 $ 19,157,522 $ 7,960,269 Total gains or losses (realized/unrealized): Included in earnings-realized — — Included in earnings-unrealized (218,073 ) 431,145 Included in other comprehensive income — — Purchases, sales, issuances, and settlements, net — — Transfers in and/or out of Level 3 — — Balance of recurring Level 3 assets as of December 31, 2016 $ 18,939,449 $ 8,391,414 Frontier Trading Company Frontier Trading Company Balance of recurring Level 3 assets as of January 1, 2016 $ 8,685,850 $ 4,332,427 Total gains or losses (realized/unrealized): Included in earnings-realized — — Included in earnings-unrealized (48,003 ) (111,959 ) Included in other comprehensive income — — Purchases, sales, issuances, and settlements, net — — Transfers in and/or out of Level 3 — — Balance of recurring Level 3 assets as of December 31, 2016 $ 8,637,847 $ 4,220,468 |
Change in Unrealized Appreciation (Depreciation) included in Statements of Operations Attributable to Level 3 Investments | The total change in unrealized appreciation (depreciation) included in the statements of operations attributable to level 3 investments still held at December 31, 2017: Frontier Trading Frontier Trading Frontier Trading Frontier Trading Company XXXV LLC Company XXXVII LLC Company XXXIV LLC Company XXXIX LLC Swaps $ (47,375 ) $ 26,621 $ (84,491 ) $ (297,047 ) The total change in unrealized appreciation (depreciation) included in the statements of operations attributable to level 3 investments still held at December 31, 2016: Frontier Trading Frontier Trading Frontier Trading Frontier Trading Company XXXV LLC Company XXXVII LLC Company XXXIV LLC Company XXXIX LLC Swaps $ (48,002 ) $ (111,960 ) $ (218,070 ) $ 431,146 The total change in unrealized appreciation (depreciation) included in the statements of operations attributable to level 3 investments still held at December 31, 2015: Frontier Trading Frontier Trading Frontier Trading Frontier Trading Company XXXV LLC Company XXXVII LLC Company XXXIV LLC Company XXXIX LLC Swaps $ 2,115,441 $ (300,633 ) $ (910,566 ) $ 419,803 The total change in unrealized appreciation (depreciation) included in the statements of operations attributable to level 3 investments still held at December 31, 2014: Frontier Trading Frontier Trading Frontier Trading Frontier Trading Company XXXV LLC Company XXXVII LLC Company XXXIV LLC Company XXXIX LLC Swaps $ 3,132,776 $ 1,176,514 $ 8,120,996 $ 2,105,281 |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | |
Fair value of Investment | The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2017. Presentation is gross – as an asset if in a gain position and a liability if in a loss position. Fair Value Measurements at Reporting Date Using Quoted Prices Significant Other Significant in Active Observable Unobservable Markets Inputs Description Fair Value (Level 1) (Level 2) (Level 3) Assets: Derivative contracts: Futures contracts: Agriculture $ 18,558 $ 18,558 $ — $ — Currency 69,854 69,854 — — Energy 75,976 75,976 — — Index 75,733 75,733 — — Interest 44,154 44,154 — — Metals 50,656 50,656 — — Total investment assets at fair value 334,931 334,931 — — Liabilities: Derivative contracts: Futures contracts: Agriculture (8,635 ) (8,635 ) — — Currency (107,453 ) (107,453 ) — — Energy (17,250 ) (17,250 ) — — Index (19,472 ) (19,472 ) — — Interest (90,404 ) (90,404 ) — — Metals (22,154 ) (22,154 ) — — Total investment liabilities at fair value (265,368 ) (265,368 ) — — Total net investment at fair value $ 69,563 $ 69,563 $ — $ — |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | |
Fair value of Investment | The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2017. Presentation is gross – as an asset if in a gain position and a liability if in a loss position. Fair Value Measurements at Reporting Date Using Quoted Prices Significant Other Significant in Active Observable Unobservable Markets Inputs Inputs Description Fair Value (Level 1) (Level 2) (Level 3) Assets: Derivative contracts: Options purchased on futures contracts: Index $ 35,498 $ 35,498 $ — $ — Futures contracts: Index 1,163 1,163 — — Total investment assets at fair value 36,661 36,661 — — Liabilities: Derivative contracts: Options written on futures contracts: Index (48,050 ) (48,050 ) — — Futures contracts: Index (425 ) (425 ) — — Total investment liabilities at fair value (48,475 ) (48,475 ) — — Total net investment at fair value $ (11,814 ) $ (11,814 ) $ — $ — |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | |
Fair value of Investment | The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2017. Presentation is gross – as an asset if in a gain position and a liability if in a loss position. Fair Value Measurements at Reporting Date Using Quoted Prices Significant Other Significant in Active Observable Unobservable Markets Inputs Inputs Description Fair Value (Level 1) (Level 2) (Level 3) Assets: Derivative contracts: Options purchased on futures contracts: Energy $ 627,540 $ 627,540 $ — $ — Futures contracts: Agriculture 494,800 494,800 — — Energy 9,670,598 9,670,598 — — Interest 38,267 38,267 — — Metals 209,082 209,082 — — Total investment assets at fair value 11,040,287 11,040,287 — — Liabilities: Derivative contracts: Options sold on futures contracts: Energy (410,400 ) (410,400 ) — — Futures contracts: Agriculture (143,859 ) (143,859 ) — — Energy (7,226,483 ) (7,226,483 ) — — Interest (66,030 ) (66,030 ) — — Metals (343,375 ) (343,375 ) — — Total investment liabilities at fair value (8,190,147 ) (8,190,147 ) — — Total net investment at fair value $ 2,850,140 $ 2,850,140 $ — $ — |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | |
Fair value of Investment | The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2017. Presentation is gross – as an asset if in a gain position and a liability if in a loss position. Fair Value Measurements at Reporting Date Using Quoted Prices Significant Other Significant in Active Observable Unobservable Markets Inputs Inputs Description Fair Value (Level 1) (Level 2) (Level 3) Assets: Derivative contracts: Futures contracts: Currency $ 70,979 $ 70,979 $ — $ — Energy 82,241 82,241 — — Index 123,199 123,199 — — Interest 74,389 74,389 — — Metals 14,913 14,913 — — Total investment assets at fair value 365,721 365,721 — — Liabilities: Derivative contracts: Futures contracts: Currency (70,327 ) (70,327 ) — — Energy (52,190 ) (52,190 ) — — Index (56,257 ) (56,257 ) — — Interest (129,275 ) (129,275 ) — — Total investment liabilities at fair value (308,049 ) (308,049 ) — — Total net investment at fair value $ 57,672 $ 57,672 $ — $ — |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | |
Fair value of Investment | The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2017. Presentation is gross – as an asset if in a gain position and a liability if in a loss position. Fair Value Measurements at Reporting Date Using Quoted Prices Significant Other Significant in Active Observable Unobservable Markets Inputs Inputs Description Fair Value (Level 1) (Level 2) (Level 3) Assets: Derivative contracts: Futures contracts: Agriculture 63,304 63,304 — — Currency 2,084 2,084 — — Energy 38,281 38,281 — — Interest 35,438 35,438 — — Metals 50,430 50,430 — — Total investment assets at fair value 189,537 189,537 — — Liabilities: Derivative contracts: Options written on futures contracts: Agriculture (28,000 ) (28,000) — — Futures contracts: Agriculture (12,426 ) (12,426) — — Currency (1,400 ) (1,400) — — Energy (3,550 ) (3,550) — — Interest (9,813 ) (9,813) — — Metals (6 ) (6) — — Total investment liabilities at fair value (55,195 ) (55,195) — — Total net investment at fair value $ 134,342 $134,342 $ — $ — |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | |
Fair value of Investment | The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2017. Presentation is gross – as an asset if in a gain position and a liability if in a loss position. Fair Value Measurements at Reporting Date Using Quoted Prices Significant Other Significant in Active Observable Unobservable Markets Inputs Inputs Description Fair Value (Level 1) (Level 2) (Level 3) Assets: Derivative contracts: Futures contracts: Currency $ 125,917 $ 125,917 $ — $ — Index 68,400 68,400 — — Interest 134,907 134,907 — — Metals 414,181 414,181 — — Total investment assets at fair value 743,405 743,405 — — Liabilities: Derivative contracts: Futures contracts: Currency (17,741 ) (17,741 ) — — Energy (60,201 ) (60,201 ) — — Index (33,660 ) (33,660 ) — — Interest (89,572 ) (89,572 ) — — Total investment liabilities at fair value (201,174 ) (201,174 ) — — Total net investment at fair value $ 542,231 $ 542,231 $ — $ — |
Galaxy Plus Fund - Quantmetrics Master Fund (527) LLC [Member] | |
Fair value of Investment | The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2017. Presentation is gross – as an asset if in a gain position and a liability if in a loss position. Fair Value Measurements at Reporting Date Using Quoted Prices Significant Other Significant in Active Observable Unobservable Markets Inputs Inputs Description Fair Value (Level 1) (Level 2) (Level 3) Assets: Derivative contracts: Futures contracts: Agriculture $ 6,466 $ 6,466 $ — $ — Currency 25,466 25,466 — — Energy 27,089 27,089 — — Index 17,763 17,763 — — Interest 18,400 18,400 — — Metals 15,185 15,185 — — Total investment assets at fair value 110,369 110,369 — — Liabilities: Derivative contracts: Futures contracts: Agriculture (1,073 ) (1,073 ) — — Currency (5,363 ) (5,363 ) — — Energy (22,400 ) (22,400 ) — — Index (5,539 ) (5,539 ) — — Interest (8,529 ) (8,529 ) — — Total investment liabilities at fair value (42,904 ) (42,904 ) — — Total net investment at fair value $ 67,465 $ 67,465 $ — $ — |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | |
Fair value of Investment | The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2017. Presentation is gross – as an asset if in a gain position and a liability if in a loss position. Fair Value Measurements at Reporting Date Using Quoted Prices Significant Other Significant in Active Observable Unobservable Markets Inputs Inputs Description Fair Value (Level 1) (Level 2) (Level 3) Assets: Derivative contracts: Futures contracts: Agriculture $ 1,865 $ 1,865 $ — $ — Currency 12,765 12,765 — — Energy 11,880 11,880 — — Index 21,773 21,773 — — Interest 46,478 46,478 — — Metals 8,450 8,450 — — Total investment assets at fair value 103,211 103,211 — — Liabilities: Derivative contracts: Futures contracts: Agriculture (1,150 ) (1,150 ) — — Currency (12,654 ) (12,654 ) — — Index (14,328 ) (14,328 ) — — Interest (15,409 ) (15,409 ) — — Metals (10,625 ) (10,625 ) — — Total investment liabilities at fair value (54,166 ) (54,166 ) — — Total net investment at fair value $ 49,045 $ 49,045 $ — $ — |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | |
Fair value of Investment | The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2017. Presentation is gross – as an asset if in a gain position and a liability if in a loss position. Fair Value Measurements at Reporting Date Using Quoted Prices Significant Other Significant in Active Observable Unobservable Markets Inputs Inputs Description Fair Value (Level 1) (Level 2) (Level 3) Assets: Derivative contracts: Futures contracts: Agriculture $ 1,865 $ 1,865 $ — $ — Currency 12,765 12,765 — — Energy 11,880 11,880 — — Index 21,773 21,773 — — Interest 46,478 46,478 — — Metals 8,450 8,450 — — Total investment assets at fair value 103,211 103,211 — — Liabilities: Derivative contracts: Futures contracts: Agriculture (1,150 ) (1,150 ) — — Currency (12,654 ) (12,654 ) — — Index (14,328 ) (14,328 ) — — Interest (15,409 ) (15,409 ) — — Metals (10,625 ) (10,625 ) — — Total investment liabilities at fair value (54,166 ) (54,166 ) — — Total net investment at fair value $ 49,045 $ 49,045 $ — $ — |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | |
Fair value of Investment | The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2017. Presentation is gross – as an asset if in a gain position and a liability if in a loss position. Fair Value Measurements at Reporting Date Using Quoted Prices Significant Other Significant in Active Observable Unobservable Markets Inputs Inputs Description Fair Value (Level 1) (Level 2) (Level 3) Assets: Derivative contracts: Futures contracts: Agriculture $ 157,970 $ 157,970 $ — $ — Currency 292,918 292,918 — — Energy 420,953 420,953 — — Index 170,615 170,615 — — Interest 159,437 159,437 — — Metals 204,107 204,107 — — Total investment assets at fair value 1,406,000 1,406,000 — — Liabilities: Derivative contracts: Futures contracts: Agriculture (68,778 ) (68,778 ) — — Currency (106,688 ) (106,688 ) — — Energy (64,825 ) (64,825 ) — — Index (94,916 ) (94,916 ) — — Interest (313,287 ) (313,287 ) — — Metals (192,512 ) (192,512 ) — — Total investment liabilities at fair value (841,006 ) (841,006 ) — — Total net investment at fair value $ 564,994 $ 564,994 $ — $ — |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | |
Fair value of Investment | The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2017. Presentation is gross – as an asset if in a gain position and a liability if in a loss position. Fair Value Measurements at Reporting Date Using Quoted Prices Significant Other Significant in Active Observable Unobservable Markets Inputs Inputs Description Fair Value (Level 1) (Level 2) (Level 3) Assets: Derivative contracts: Futures contracts: Agriculture $ 413,757 $ 413,757 $ — $ — Currency 270,705 270,705 — — Energy 1,325,680 1,325,680 — — Index 320,086 320,086 — — Interest 61,129 61,129 — — Metals 779,597 779,597 — — Total investment assets at fair value 3,170,954 3,170,954 — — Liabilities: Derivative contracts: Futures contracts: Agriculture (326,750 ) (326,750 ) — — Currency (46,774 ) (46,774 ) — — Energy (770,482 ) (770,482 ) — — Index (196,836 ) (196,836 ) — — Interest (436,837 ) (436,837 ) — — Metals (909,818 ) (909,818 ) — — Total investment liabilities at fair value (2,687,497 ) (2,687,497 ) — — Total net investment at fair value $ 483,457 $ 483,457 $ — $ — |
Swap Contracts (Tables)
Swap Contracts (Tables) | 12 Months Ended |
Dec. 31, 2017 | |
Series Of Frontier Fund [Member] | |
Trust, with Respect to Series, has Invested in Following Swap | The Series have invested in the following swaps as of and for the year ended December 31, 2017: Frontier Long/Short Commodity Frontier Balanced Fund Frontier Diversified Fund Fund Frontier Heritage Fund Total Return Swap Total Return Swap Total Return Swap Total Return Swap Counterparty DeutscheBank AG DeutscheBank AG DeutscheBank AG DeutscheBank AG Notional Amount $13,373,629 $4,651,155 $653,610 $2,072,056 Termination Date 8/2/2018 8/2/2018 8/7/2018 3/26/2018 Cash Collateral $2,086,000 $1,186,000 $29,950 $982,500 Swap Value $9,254,959 $5,190,472 $367,089 $2,111,867 Investee Returns Total Returns Total Returns Total Returns Total Returns Realized Gain/(Loss) $0 $0 $0 $0 Change in Unrealized Gain/(Loss) ($84,491) ($47,375) $26,621 ($297,047) Fair Value as of 12/31/2017 $11,340,959 $6,376,472 $397,039 $3,094,367 Advance on swap appreciation ($4,926,555) ($2,500,000) ($115,000) ($1,900,000) The Series have invested in the following swaps as of and for the year ended December 31, 2016: Frontier Long/Short Commodity Frontier Balanced Fund Frontier Diversified Fund Fund Frontier Heritage Fund Total Return Swap Total Return Swap Total Return Swap Total Return Swap Counterparty DeutscheBank AG DeutscheBank AG DeutscheBank AG DeutscheBank AG Notional Amount $22,580,043 $13,851,707 $1,877,692 $11,413,283 Termination Date 8/2/2018 8/2/2018 8/7/2018 3/26/2018 Cash Collateral $9,600,000 $3,400,000 $3,880,000 $5,986,000 Swap Value $9,339,450 $5,237,847 $340,468 $2,405,414 Investee Returns Total Returns Total Returns Total Returns Total Returns Realized Gain/(Loss) $0 $0 $0 $0 Change in Unrealized Gain/(Loss) ($218,070) ($48,002) ($111,960) $431,146 Fair Value as of 12/31/2016 $18,939,450 $8,637,847 $4,220,468 $8,391,414 Advance on swap appreciation ($4,926,555) ($2,500,000) ($115,000) ($1,900,000) |
Equinox Frontier Fund [Member] | |
Trust, with Respect to Series, has Invested in Following Swap | The Trust had invested in the following swaps as of and for the year ended December 31, 2017: Brevan Howard XXXIV Balanced select swap XXXV Diversified select swap XXXVII L/S select swap Total Return Swap Total Return Swap Total Return Swap Total Return Swap Counterparty DeutscheBank AG DeutscheBank AG DeutscheBank AG DeutscheBank AG Notional Amount $2,072,056 $13,373,629 $4,651,155 $653,610 Termination Date 3/26/2018 8/2/2018 8/2/2018 8/7/2018 Cash Collateral $982,500 $2,086,000 $1,186,000 $29,950 Swap Value $2,111,867 $9,254,959 $5,190,472 $367,089 Investee Returns Total Returns Total Returns Total Returns Total Returns Realized Gain/(Loss) $0 $0 $0 $0 Change in Unrealized Gain/(Loss) ($297,047) ($84,491) ($47,375) $26,621 Fair Value as of 12/31/2017 $3,094,367 $11,340,959 $6,376,472 $397,039 Advance on swap appreciation ($1,900,000) ($4,926,555) ($2,500,000) ($115,000) The Trust had invested in the following swaps as of and for the year ended December 31, 2016: Brevan Howard XXXIV Balanced Select Swap XXXV Diversified Select Swap XXXVII L/S Select Swap Total Return Swap Total Return Swap Total Return Swap Total Return Swap Counterparty DeutscheBank AG DeutscheBank AG DeutscheBank AG DeutscheBank AG Notional Amount $11,413,283 $22,580,043 $13,851,707 $1,877,692 Termination Date 3/26/2018 8/2/2018 8/2/2018 8/7/2018 Cash Collateral $5,986,000 $9,600,000 $3,400,000 $3,880,000 Swap Value $2,405,414 $9,339,450 $5,237,847 $340,468 Investee Returns Total Returns Total Returns Total Returns Total Returns Realized Gain/(Loss) $0 $0 $0 $0 Change in Unrealized Gain/(Loss) $431,146 ($218,070) ($48,002) ($111,960) Fair Value as of 12/31/2016 $8,391,414 $18,939,450 $8,637,847 $4,220,468 Advance on swap appreciation ($1,900,000) ($4,926,555) ($2,500,000) ($115,000) |
The Trading Companies of the Equinox Frontier Funds [Member] | |
Trust, with Respect to Series, has Invested in Following Swap | The Trading Companies have invested in the following swaps as of December 31, 2017. XXXIX Brevan Howard XXXIV Balanced select swap XXXV Diversified select swap XXXVII L/S select swap Total Return Swap Total Return Swap Total Return Swap Total Return Swap Counterparty DeutscheBank AG DeutscheBank AG DeutscheBank AG DeutscheBank AG Notional Amount $2,072,056 $13,373,629 $4,651,155 $653,610 Termination Date 3/26/2018 8/2/2018 8/2/2018 8/7/2018 Cash Collateral $982,500 $2,086,000 $1,186,000 $29,950 Swap Value $2,111,867 $9,254,959 $5,190,472 $367,089 Investee Returns Total Returns Total Returns Total Returns Total Returns Realized Gain/(Loss) $0 $0 $0 $0 Change in Unrealized Gain/(Loss) ($297,047) ($84,491) ($47,375) $26,621 Fair Value as of 12/31/2017 $3,094,367 $11,340,959 $6,376,472 $397,039 Advance on swap appreciation ($1,900,000) ($4,926,555) ($2,500,000) ($115,000) The Trading Companies have invested in the following swaps as of December 31, 2016. XXXIX Brevan Howard XXXIV Balanced Select Swap XXXV Diversified Select Swap XXXVII L/S Select Swap Total Return Swap Total Return Swap Total Return Swap Total Return Swap Counterparty DeutscheBank AG DeutscheBank AG DeutscheBank AG DeutscheBank AG Notional Amount $11,413,283 $22,580,043 $13,851,707 $1,877,692 Termination Date 3/26/2018 8/2/2018 8/2/2018 8/7/2018 Cash Collateral $5,986,000 $9,600,000 $3,400,000 $3,880,000 Swap Value $2,405,414 $9,339,450 $5,237,847 $340,468 Investee Returns Total Returns Total Returns Total Returns Total Returns Realized Gain/(Loss) $0 $0 $0 $0 Change in Unrealized Gain/(Loss) $431,145 ($218,073) ($48,003) ($111,959) Fair Value as of 12/31/2016 $8,391,414 $18,939,450 $8,637,847 $4,220,468 Advance on swap appreciation ($1,900,000) ($4,926,555) ($2,500,000) ($115,000) |
Investments in Unconsolidated28
Investments in Unconsolidated Trading Companies and Private Investment Companies (Tables) | 12 Months Ended |
Dec. 31, 2017 | |
Series Of Frontier Fund [Member] | |
Investments in Unconsolidated Trading Companies | The following table summarizes each of the Series’ investments in unconsolidated Trading as of December 31, 2017 and 2016: As of December 31, 2017 As of December 31, 2016 Percentage of Percentage of Series Total Series Total Capital Invested Capital Invested in Unconsolidated Trading Fair Value in Unconsolidated Trading Fair Value Series Frontier Diversified Fund — Frontier Trading Companies II and XXXVIII 10.37 % $ 2,225,210 7.44 % $ 4,201,628 Frontier Masters Fund — Frontier Trading Companies II, XV and XXXVIII 12.55 % $ 1,501,142 38.79 % $ 6,678,106 Frontier Long/Short Commodity Fund — Frontier Trading Company XXXVIII 2.86 % $ 121,510 — — Frontier Balanced Fund — Frontier Trading Companies II and XXXVIII 6.59 % $ 3,178,176 7.25 % $ 5,965,331 Frontier Select Fund — Frontier Trading Companies XXXVIII and XXXIX 9.86 % $ 670,863 24.33 % $ 3,910,866 Frontier Winton Fund — Frontier Trading Companies II and XXXVIII 53.79 % $ 7,987,575 9.96 % $ 4,072,450 Frontier Heritage Fund — Frontier Trading Companies II and XXXVIII 22.66 % $ 1,536,631 20.48 % $ 2,744,640 |
Equity in Earnings from Unconsolidated Trading Companies | The following table summarizes each of the Series’ equity in earnings from unconsolidated Trading and private investment companies for the years ended December 31, 2017, 2016 and 2015: Year Ended December 31, 2017 Year Ended December 31, 2016 Year Ended December 31, 2015 Change in Change in Change in Trading Realized Unrealized Net Income Trading Realized Unrealized Net Income Trading Realized Unrealized Net Income Commissions Gain/(Loss) Gain/(Loss) (Loss) Commissions Gain/(Loss) Gain/(Loss) (Loss) Commissions Gain/(Loss) Gain/(Loss) (Loss) Frontier Diversified Fund Frontier Trading Company I LLC $ — $ — $ — $ — $ (260,168 ) $ 1,794,827 $ (157,591 ) $ 1,377,068 $ (174,766 ) $ 636,671 $ (1,288,141 ) $ (826,236 ) Frontier Trading Company II LLC (48,869 ) 156,232 276,848 384,211 (41,971 ) 375,453 (167,387 ) 166,096 (14,685 ) 1,025,202 (406,220 ) 604,297 Frontier Trading Company VII, LLC — — — — (80,881 ) (566,171 ) 2,065,216 1,418,164 (314,705 ) 4,741,557 (2,805,251 ) 1,621,601 Frontier Trading Company XIV, LLC — — — — — — — — — — — — Frontier Trading Company XV, LLC — — — — — — — — — — — — Frontier Trading Company XXIII, LLC — — — — (35,775 ) 705,939 (7,381 ) 662,782 (74,373 ) 591,314 (260,757 ) 256,184 Frontier Trading Company XXXVIII, LLC — — (224,202 ) (224,202 ) (27,594 ) (774,261 ) 219,387 (582,468 ) (32,830 ) (469,048 ) (312,060 ) (813,938 ) Galaxy Plus Fund - Aspect Feeder Fund (532) LLC (55,188 ) (182,610 ) 116,882 (120,916 ) (3,869 ) (34,071 ) (105,274 ) (143,214 ) — — — — Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC (67,735 ) 35,477 153,846 121,588 (149,772 ) 298,066 (250,532 ) (102,238 ) — — — — Galaxy Plus Fund - Doherty Feeder Fund (528) LLC (59,477 ) 250,674 (136,456 ) 54,741 (27,745 ) 85,845 9,802 67,902 — — — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC (412,997 ) 1,583,252 (75,903 ) 1,094,352 (183,726 ) 1,333,450 (536,657 ) 613,067 — — — — Galaxy Plus Fund - FORT Global Managed Futures Feeder Fund (510) LLC (99,839 ) 115,249 677,850 693,260 (77,260 ) (333,316 ) (134,742 ) (545,318 ) — — — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC — (45,709 ) (334,192 ) (379,901 ) — — 168,157 168,157 — — — — Galaxy Plus Fund - QIM Feeder Fund (526) LLC (749,673 ) 3,193,229 (842,961 ) 1,600,595 (150,214 ) 1,801,432 126,477 1,777,695 — — — — Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC (194,695 ) 254,498 78,293 138,096 (187,460 ) (50,960 ) (3,553 ) (241,973 ) — — — — Galaxy Plus Fund - Quest Feeder Fund (517) LLC (75,783 ) (1,497,818 ) 1,068,306 (505,295 ) (100,928 ) (1,316,487 ) 181,341 (1,236,074 ) — — — — Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC (209,745 ) 89,430 106,590 (13,725 ) — — — — — — — — Total $ (1,974,001 ) $ 3,951,904 $ 864,901 $ 2,842,804 $ (1,327,363 ) $ 3,319,746 $ 1,407,263 $ 3,399,647 $ (611,359 ) $ 6,525,696 $ (5,072,429 ) $ 841,908 Frontier Masters Fund Frontier Trading Company I LLC $ — $ — $ — $ — $ (8,585 ) $ (261,142 ) $ (80,621 ) $ (350,348 ) $ (19,418 ) $ 1,409,880 $ (731,212 ) $ 659,250 Frontier Trading Company II LLC 11,194 91,810 146,656 249,660 (47,472 ) 224,660 (93,987 ) 83,200 (9,119 ) 572,163 (270,658 ) 292,386 Frontier Trading Company XIV, LLC — — — — — — — — — — — — Frontier Trading Company XV, LLC (82,918 ) (175,490 ) (115,394 ) (373,802 ) (81,133 ) 556,129 515,821 990,817 (58,573 ) 672,604 (578,027 ) 36,004 Frontier Trading Company XXXVIII, LLC — — (93,709 ) (93,709 ) (14,141 ) (157,740 ) (2,979 ) (174,860 ) (13,922 ) (268,618 ) (95,734 ) (378,274 ) Frontier Trading Company VII, LLC — — — — (48,485 ) (371,921 ) 1,208,006 787,600 (173,078 ) 5,008,076 (3,958,426 ) 876,572 Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC (105,364 ) (14,449 ) 236,001 116,188 (137,582 ) 164,544 (213,762 ) (186,800 ) — — — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC (349,413 ) 889,938 137,925 678,450 (174,044 ) 803,903 (290,958 ) 338,901 — — — — Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC (138,276 ) 125,302 33,814 20,840 — — — — — — — — Galaxy Plus Fund - TT Feeder Fund (531) LLC (33,390 ) 107,798 386,850 461,258 — — — — — — — — Total $ (698,167 ) $ 1,024,909 $ 732,143 $ 1,058,885 $ (511,443 ) $ 958,432 $ 1,041,519 $ 1,488,510 $ (274,110 ) $ 7,394,105 $ (5,634,057 ) $ 1,485,938 Frontier Long/Short Commodity Fund Frontier Trading Company I LLC $ — $ — $ — $ — $ (4,003 ) $ (145,864 ) $ (32,717 ) $ (182,583 ) $ (2,922 ) $ 156,796 $ 2,785 $ 156,659 Frontier Trading Companies VII, LLC — — — — (30,875 ) 12,784 312,798 294,706 (242,250 ) 2,483,192 (2,226,339 ) 14,603 Frontier Trading Companies XVIII, LLC — — — — — — — — — — — — Frontier Trading Company XXXVIII, LLC — — 83,337 83,337 481 (202,254 ) (106,559 ) (308,333 ) (7,510 ) (34,498 ) (63,213 ) (105,221 ) Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC (58,270 ) (44,691 ) 131,796 28,835 (80,356 ) 76,603 (60,807 ) (64,560 ) — — — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC (252,117 ) 739,903 (37,228 ) 450,558 (144,093 ) 371,651 (44,364 ) 183,194 — — — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC (570,790 ) 114,105 (350,050 ) (806,735 ) — — (321,568 ) (321,568 ) — — — — Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC (86,452 ) 52,022 8,761 (25,669 ) — — — — — — — — Total $ (967,629 ) $ 861,339 $ (163,384 ) $ (269,674 ) $ (258,847 ) $ 112,919 $ (253,217 ) $ (399,144 ) $ (252,682 ) $ 2,605,490 $ (2,286,767 ) $ 66,041 Frontier Balanced Fund Frontier Trading Company I LLC $ — $ — $ — $ — $ (291,912 ) $ 2,837,851 $ 335,254 2,881,192 $ (398,418 ) $ 5,226,529 $ 700,620 $ 5,528,731 Frontier Trading Company II LLC (37,051 ) 216,451 643,952 823,352 (46,423 ) 503,024 (202,956 ) 253,645 (19,305 ) 1,235,015 (499,116 ) 716,594 Frontier Trading Company V LLC — — — — — — — — — — — — Frontier Trading Company VII, LLC — — — — (97,941 ) (464,066 ) 2,290,012 1,728,005 — — — — Frontier Trading Company XIV, LLC — — — — — — — — (351,880 ) 5,102,783 (3,041,589 ) 1,709,314 Frontier Trading Company XV, LLC — — — — — — — — (140 ) (89,150 ) 89,443 153 Frontier Trading Company XVIII, LLC — — — — — — — — — — — — Frontier Trading Company XXXVIII, LLC — — (221,954 ) (221,954 ) (50,346 ) (933,870 ) 45,351 (938,865 ) (50,360 ) (940,340 ) (356,821 ) (1,347,521 ) Frontier Trading Company XXXIX, LLC — — — — 1,439 9,370 — 10,809 — — — — Galaxy Plus Fund - Aspect Feeder Fund (532) LLC (84,742 ) (108,935 ) 133,971 (59,706 ) (4,516 ) (51,106 ) (157,835 ) (213,457 ) — — — — Galaxy Plus Fund - Doherty Feeder Fund (528) LLC (87,814 ) 166,259 28,649 107,094 (38,036 ) 146,344 14,161 122,469 — — — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC (526,858 ) 1,573,493 254,603 1,301,238 (198,195 ) 1,635,772 (663,594 ) 773,983 — — — — Galaxy Plus Fund - FORT Global Managed Futures Feeder Fund (510) LLC (169,058 ) 269,435 1,297,311 1,397,688 (107,226 ) (573,181 ) (250,610 ) (931,017 ) — — — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC — (186,384 ) (829,385 ) (1,015,769 ) — — 475,116 475,116 — — — — Galaxy Plus Fund - QIM Feeder Fund (526) LLC (1,157,339 ) 5,058,252 (1,141,007 ) 2,759,906 (190,774 ) 2,874,017 206,726 2,889,969 — — — — Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC (209,350 ) 283,034 (11,009 ) 62,675 (194,640 ) (62,341 ) (4,212 ) (261,193 ) — — — — Galaxy Plus Fund - Quest Feeder Fund (517) LLC (30,339 ) (349,497 ) 261,271 (118,565 ) (25,081 ) (394,581 ) 54,174 (365,488 ) — — — — Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC (284,512 ) 242,861 275,849 234,198 — — — — — — — — Total $ (2,587,063 ) $ 7,164,969 $ 692,251 $ 5,270,157 $ (1,243,650 ) $ 5,527,232 $ 2,141,586 $ 6,425,168 $ (820,103 ) $ 10,534,837 $ (3,107,463 ) $ 6,607,271 Frontier Select Fund Frontier Trading Company XV, LLC $ — $ — $ — $ — $ — $ — $ — $ — $ (551 ) $ (27,784 ) $ 2,173 $ (25,285 ) Frontier Trading Company XXXVIII, LLC — — (70,862 ) (70,862 ) (6,694 ) 107,531 15,974 116,811 (2,400 ) (20,889 ) 2,353 (21,812 ) Frontier Trading Company XXXIX, LLC — — (223,214 ) (223,214 ) (3,394 ) — 255,179 251,785 — — 208,164 208,164 Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC (88,462 ) 106,142 196,941 214,621 — — — — — — — — Galaxy Plus Fund - TT Feeder Fund (531) LLC (64,931 ) 5,736 259,360 200,165 — — — — — — — — Total $ (153,393 ) $ 111,878 $ 162,225 $ 120,710 $ (10,088 ) $ 107,531 $ 271,153 $ 368,596 $ (2,951 ) $ (48,673 ) $ 212,690 $ 161,067 Frontier Winton Fund Frontier Trading Company II LLC $ — $ — $ 551,467 $ 551,467 $ — $ — $ — $ — $ (30,241 ) $ 1,667,631 $ (315,582 ) $ 1,321,808 Frontier Trading Company XXXVIII ,LLC — — (217,479 ) (217,479 ) (47,781 ) (149,255 ) 16,046 (180,989 ) (29,071 ) (537,770 ) (197,417 ) (764,258 ) Total $ — $ — $ 333,988 $ 333,988 $ (47,781 ) $ (149,255 ) $ 16,046 $ (180,989 ) $ (59,312 ) $ 1,129,861 $ (512,999 ) $ 557,550 Frontier Heritage Fund Frontier Trading Company II LLC $ (61,563 ) $ 113,582 $ 388,393 $ 440,412 $ (70,018 ) $ 271,702 $ (119,174 ) $ 82,510 $ (9,825 ) $ 656,945 $ (261,763 ) $ 385,357 Frontier Trading Company XXXVIII, LLC — — (94,835 ) (94,835 ) (10,777 ) (5,851 ) (10,397 ) (27,026 ) (6,511 ) (117,306 ) (41,273 ) (165,090 ) Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC (77,782 ) 80,577 206,064 208,859 — — — — — — — — Total $ (139,345 ) $ 194,159 $ 499,622 $ 554,436 $ (80,795 ) $ 265,851 $ (129,571 ) $ 55,484 $ (16,336 ) $ 539,639 $ (303,036 ) $ 220,267 |
Financial Statements of Unconsolidated Trading Companies | The Series investments in private investment companies have certain redemption and liquidity restrictions which are described in the following table: Redemptions Redemptions Liquidity Notice Period Permitted Restrictions Frontier Diversified Fund Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 24 hours Daily None Galaxy Plus Fund - LRR Feeder Fund (522) LLC 24 hours Daily None Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC 24 hours Daily None Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC 24 hours Daily None Trend Following Galaxy Plus Fund - Aspect Feeder Fund (532) LLC 24 hours Daily None Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC 24 hours Daily None Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC 24 hours Daily None Galaxy Plus Fund - QIM Feeder Fund (526) LLC 24 hours Daily None Galaxy Plus Fund - Quest Feeder Fund (517) LLC 24 hours Daily None Option Trading Galaxy Plus Fund - Doherty Feeder Fund (528) LLC 24 hours Daily None Frontier Masters Fund Trend Following Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC 24 hours Daily None Galaxy Plus Fund - TT Feeder Fund (531) LLC 24 hours Weekly None Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 24 hours Daily None Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC 24 hours Daily None Frontier Long/Short Commodity Fund Trend Following Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC 24 hours Daily None Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 24 hours Daily None Galaxy Plus Fund - LRR Feeder Fund (522) LLC 24 hours Daily None Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC 24 hours Daily None Frontier Balanced Fund Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 24 hours Daily None Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC 24 hours Daily None Galaxy Plus Fund - LRR Feeder Fund (522) LLC 24 hours Daily None Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC 24 hours Daily None Trend Following Galaxy Plus Fund - Aspect Feeder Fund (532) LLC 24 hours Daily None Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC 24 hours Daily None Galaxy Plus Fund - QIM Feeder Fund (526) LLC 24 hours Daily None Galaxy Plus Fund - Quest Feeder Fund (517) LLC 24 hours Daily None Option Trading Galaxy Plus Fund - Doherty Feeder Fund (528) LLC 24 hours Daily None Frontier Select Fund Trend Following Galaxy Plus Fund - TT Feeder Fund (531) LLC 24 hours Weekly None |
Equinox Frontier Fund [Member] | |
Equity in Earnings from Unconsolidated Trading Companies | The following table summarizes each of the Trust’s equity in earnings from private investment companies for the year ended December 31, 2017: Year Ended December 31, 2017 Change in Trading Realized Unrealized Net Income Commissions Gain/(Loss) Gain/(Loss) (Loss) Galaxy Plus Fund - Aspect Feeder Fund (532) LLC (139,930 ) (291,545 ) 250,853 (180,622 ) Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC (231,369 ) (23,663 ) 521,643 266,611 Galaxy Plus Fund - Doherty Feeder Fund (528) LLC (147,291 ) 416,933 (107,807 ) 161,835 Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC (1,541,385 ) 4,786,586 279,397 3,524,598 Galaxy Plus Fund - FORT Global Managed Futures Feeder Fund (510) LLC (268,897 ) 384,684 1,975,161 2,090,948 Galaxy Plus Fund - LRR Feeder Fund (522) LLC (570,790 ) (117,988 ) (1,513,627 ) (2,202,405 ) Galaxy Plus Fund - QIM Feeder Fund (526) LLC (1,907,012 ) 8,251,481 (1,983,968 ) 4,360,501 Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC (404,045 ) 537,532 67,284 200,771 Galaxy Plus Fund - Quest Feeder Fund (517) LLC (106,122 ) (1,847,315 ) 1,329,577 (623,860 ) Galaxy Plus Fund - Quest FIT Feeder Fund (535) LLC — 1,238,453 (2,202,630 ) (964,177 ) Galaxy Plus Fund - TT Feeder Fund (531) LLC (98,321 ) 113,534 646,210 661,423 Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC (885,229 ) 696,334 828,019 639,124 Total $ (6,300,391 ) $ 14,145,026 $ 90,112 $ 7,934,747 |
Financial Statements of Unconsolidated Trading Companies | The Trust’s investments in private investment companies have certain redemption and liquidity restrictions which are described in the following table: Redemptions Redemptions Liquidity Notice Period Permitted Restrictions Frontier Funds Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 24 hours Daily None Galaxy Plus Fund - LRR Feeder Fund (522) LLC 24 hours Daily None Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC 24 hours Daily None Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC 24 hours Daily None Trend Following Galaxy Plus Fund - Aspect Feeder Fund (532) LLC 24 hours Daily None Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC 24 hours Daily None Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC 24 hours Daily None Galaxy Plus Fund - QIM Feeder Fund (526) LLC 24 hours Daily None Galaxy Plus Fund - Quest Feeder Fund (517) LLC 24 hours Daily None Galaxy Plus Fund - Quest FIT Feeder Fund (535) LLC 24 hours Daily None Galaxy Plus Fund - TT Feeder Fund (531) LLC 24 hours Weekly None Option Trading Galaxy Plus Fund - Doherty Feeder Fund (528) LLC 24 hours Daily None |
Transactions with Affiliates (T
Transactions with Affiliates (Tables) | 12 Months Ended |
Dec. 31, 2017 | |
Series Of Frontier Fund [Member] | |
Fees Earned by Managing Owner | The following table summarizes fees earned by the Managing Owner and the Former Managing Owner for the years ended December 31, 2017, 2016 and 2015. For the Year Ended December 31, 2017 Incentive (Rebate) Fees Management Fee Service Fee Trading Fee Frontier Diversified Fund $ (50,661 ) $ 69,478 $ 132,465 $ 1,347,386 Frontier Masters Fund — 184,365 89,344 672,227 Frontier Long/Short Commodity Fund (144,752 ) — 13,672 234,923 Frontier Balanced Fund 40,189 107,368 1,409,337 2,058,870 Frontier Select Fund — 84,734 220,938 176,459 Frontier Winton Fund (75,099 ) 877,626 465,225 565,481 Frontier Heritage Fund (4,603 ) 193,000 182,048 191,996 For the Year Ended December 31, 2016 Incentive Fee Management Fee Service Fee Trading Fee Frontier Diversified Fund $ 1,144,159 $ 503,844 $ 247,399 $ 1,435,003 Frontier Masters Fund 245,244 452,071 151,627 537,884 Frontier Long/Short Commodity Fund 46,931 201,423 66,889 191,525 Frontier Balanced Fund 1,395,151 494,734 1,833,220 909,129 Frontier Select Fund 41,072 271,176 351,053 115,267 Frontier Winton Fund 99,067 1,069,141 681,308 320,680 Frontier Heritage Fund 9,072 242,764 254,775 104,146 For the Year Ended December 31, 2015 Incentive Fee Management Fee Service Fee Trading Fee Frontier Diversified Fund $ 2,068,435 $ 983,948 $ 412,335 $ 1,394,350 Frontier Masters Fund 618,626 696,963 226,790 579,677 Frontier Long/Short Commodity Fund 322,090 532,836 109,284 243,193 Frontier Balanced Fund 1,707,167 1,029,988 2,113,776 740,451 Frontier Select Fund 158,971 304,539 395,169 110,262 Frontier Winton Fund 715,409 1,199,380 764,354 288,023 Frontier Heritage Fund 132,676 280,570 287,946 96,359 |
Fees Payable to Managing Owner | The following table summarizes fees payable to the Managing Owner and Former Managing Owner as of December 31, 2017 and 2016. As of December 31, 2017 Incentive Fees Management Fees Interest Fees Service Fees Trading Fees Frontier Diversified Fund $ 12,847 $ 4,049 $ — $ 3,614 $ 61,188 Frontier Masters Fund — 8,949 — 3,570 49,131 Frontier Long/Short Commodity Fund — — 103 172 9,125 Frontier Balanced Fund 40,189 11,465 2,528 88,149 140,868 Frontier Select Fund — — 1,358 14,743 14,898 Frontier Winton Fund — 53,039 20,992 26,714 43,573 Frontier Heritage Fund — 13,471 2,608 11,483 15,703 As of December 31, 2016 Incentive Fees Management Fees Interest Fees Service Fees Trading Fees Frontier Diversified Fund $ — $ 23,496 $ — $ 15,193 $ 147,183 Frontier Masters Fund — 50,174 — 9,037 57,890 Frontier Long/Short Commodity Fund — — — 3,542 23,478 Frontier Balanced Fund — 25,217 21,606 129,956 203,324 Frontier Select Fund — 21,219 3,518 25,966 18,129 Frontier Winton Fund — 256,824 30,730 39,370 55,142 Frontier Heritage Fund — 56,501 7,420 16,457 17,953 |
Interest Paid by Each Series to Managing Owner | The following table outlines the amounts paid by each Series to the Managing Owner and Former Managing Owner and its ratio to average net assets for the years ended December 31, 2017, 2016 and 2015: 2017 2016 2015 2017 2016 2015 Gross Amount Gross Amount Gross Amount Paid to the Paid to the Paid to the Ratio to Ratio to Ratio to Managing Managing Managing Average Net Average Net Average Net Owner Owner Owner Assets Assets Assets Frontier Diversified Fund Class 1 $ (3,860 ) $ 9,494 $ 42,063 -0.12 % 0.12 % 0.26 % Frontier Diversified Fund Class 2 (19,555 ) 39,041 88,023 -0.18 % 0.11 % 0.26 % Frontier Diversified Fund Class 3 (7,071 ) 12,736 20,751 -0.07 % 0.10 % 0.25 % Frontier Masters Fund Class 1 (4,988 ) 9,336 27,443 -0.16 % 0.14 % 0.27 % Frontier Masters Fund Class 2 (5,113 ) 9,303 22,999 -0.14 % 0.14 % 0.27 % Frontier Masters Fund Class 3 (5,881 ) 8,976 14,793 -0.10 % 0.13 % 0.27 % Frontier Long/Short Commodity Fund Class 2 211 197 2,633 0.07 % 0.02 % 0.22 % Frontier Long/Short Commodity Fund Class 3 1,942 1,391 15,721 0.07 % 0.03 % 0.22 % Frontier Long/Short Commodity Fund Class 1a 533 1,108 11,732 0.24 % 0.03 % 0.22 % Frontier Long/Short Commodity Fund Class 2a 233 282 3,498 0.05 % 0.02 % 0.22 % Frontier Long/Short Commodity Fund Class 3a 189 171 1,695 0.02 % 0.02 % 0.21 % Frontier Balanced Fund Class 1 204,989 450,536 805,984 0.49 % 0.74 % 1.15 % Frontier Balanced Fund Class 1AP 2,627 5,135 8,750 0.45 % 0.74 % 1.14 % Frontier Balanced Fund Class 2 55,580 165,519 278,159 0.69 % 0.73 % 1.14 % Frontier Balanced Fund Class 2a 516 828 1,311 0.10 % 0.15 % 0.23 % Frontier Balanced Fund Class 3a 1,314 3,650 5,976 0.09 % 0.15 % 0.23 % Frontier Select Fund Class 1 31,053 38,569 65,986 0.58 % 0.33 % 0.50 % Frontier Select Fund Class 1AP 94 135 244 1.68 % 0.32 % 0.50 % Frontier Select Fund Class 2 4,681 4,752 7,429 0.55 % 0.33 % 0.50 % Frontier Winton Fund Class 1 76,277 315,194 450,697 0.59 % 1.39 % 1.77 % Frontier Winton Fund Class 1AP 149 518 676 0.43 % 1.39 % 1.77 % Frontier Winton Fund Class 2 41,050 167,500 209,259 0.42 % 1.39 % 1.62 % Frontier Heritage Fund Class 1 40,215 76,936 113,684 0.67 % 0.91 % 1.19 % Frontier Heritage Fund Class 1AP 36 340 726 0.16 % 1.00 % 1.18 % Frontier Heritage Fund Class 2 10,965 26,337 37,732 1.28 % 0.91 % 1.18 % Total $ 426,185 $ 1,347,984 $ 2,237,964 |
Galaxy Plus Fund LLC [Member] | |
Fees Earned by Managing Owner | The Sponsor, on behalf of the managing owner of the Class EF members, has entered into separate fee arrangements with the Trading Advisors which results in managing owner retaining a portion of both the management and incentive fees charged to the Class EF members. During the periods ended December 31, 2017, the amount of management fees and incentive fees retained by the managing owner of Class EF interest are as follows: Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - Fund LLC - 510 Series 516 Series 517 Series 518 Series 522 Series Management Fee $ 22,537 $ 109,994 $ 44,743 $ 141,131 $ 83,998 Incentive Fee 34,386 715,621 — — — Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - Fund LLC - 526 Series 527 Series 528 Series 531 Series 532 Series Management Fee $ 167,970 $ 41,645 $ 39,554 $ 115,687 $ 12,142 Incentive Fee 113,940 — 21,532 30,847 — Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - 535 Series 538W Series Management Fee $ — $ 17,848 Incentive Fee — — |
Fees Payable to Managing Owner | The amount of management fees and incentive fees due to the managing owner of the class EF members as of December 31, 2017 are as follows: Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - Fund LLC - 510 Series 516 Series 517 Series 518 Series 522 Series Accrued Management Fee $ 1,080 $ 5,592 $ 1,599 $ 4,122 $ 3,579 Accrued Incentive Fee 28,328 6,517 — — — Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - Fund LLC - 526 Series 527 Series 528 Series 531 Series 532 Series Accrued Management Fee $ 7,326 $ 1,794 $ 2,452 $ 25,815 $ 421 Accrued Incentive Fee 59,454 — 4,090 30,847 — Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - 535 Series 538W Series Accrued Management Fee $ — $ 1,461 Accrued Incentive Fee — — |
Schedule of Management Fees Paid | Management Fees paid to Selling Agents and the Sponsor are as follows: Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - 510 Series 516 Series 518 Series Selling Agent $ 5,680 $ 889 $ 952 Sponsor 6,542 146 — |
Financial Highlights (Tables)
Financial Highlights (Tables) | 12 Months Ended |
Dec. 31, 2017 | |
Series Of Frontier Fund [Member] | |
Financial Highlights of Trust | For the year ended December 31, 2017 Frontier Diversified Fund Frontier Masters Fund Frontier Long/Short Commodity Fund Class 1 Class 2 Class 3 Class 1 Class 2 Class 3 Class 1a Class 2 Class 2a Class 3 Class 3a Per unit operating performance (1) Net asset value, December 31, 2016 $ 116.43 $ 132.94 $ 123.27 $ 112.80 $ 128.78 $ 119.89 $ 92.78 $ 129.56 $ 105.67 $ 130.80 $ 107.50 Net operating results: Interest income 0.29 0.34 0.31 0.61 0.70 0.65 0.01 0.00 (0.01 ) 0.00 0.00 Expenses (8.27 ) (4.76 ) (4.39 ) (9.05 ) (7.54 ) (6.99 ) (4.71 ) (3.55 ) (2.89 ) (3.61 ) (2.94 ) Net gain/(loss) on investments, net of non-controlling interests 7.96 6.67 6.49 10.38 11.33 10.85 (6.73 ) (10.20 ) (9.18 ) (5.69 ) (6.57 ) Net income/(loss) (0.02 ) 2.25 2.41 1.94 4.49 4.51 (11.43 ) (13.75 ) (12.08 ) (9.30 ) (9.51 ) Net asset value, December 31, 2017 $ 116.41 $ 135.19 $ 125.68 $ 114.74 $ 133.27 $ 124.40 $ 81.35 $ 115.81 $ 93.59 $ 121.50 $ 97.99 Ratios to average net assets Net investment income/(loss) -9.18 % -4.41 % -4.41 % -10.21 % -7.19 % -7.19 % -7.09 % -4.08 % -4.08 % -4.08 % -4.16 % Expenses before incentive fees (3)(4) 9.65 % 4.88 % 4.88 % 10.95 % 7.93 % 7.93 % 7.99 % 4.98 % 4.98 % 4.98 % 5.31 % Expenses after incentive fees (3)(4) 9.52 % 4.75 % 4.75 % 10.95 % 7.93 % 7.93 % 7.09 % 4.08 % 4.08 % 4.08 % 4.16 % Total return before incentive fees (2) -0.15 % 1.56 % 1.82 % 1.72 % 3.49 % 3.76 % -13.23 % -11.52 % -12.34 % -8.02 % -10.00 % Total return after incentive fees (2) -0.02 % 1.69 % 1.96 % 1.72 % 3.49 % 3.76 % -12.32 % -10.61 % -11.43 % -7.11 % -8.85 % Frontier Balanced Fund Frontier Select Fund Class 1 Class 1AP Class 2 Class 2a Class 3a Class 1 Class 1AP Class 2 Per unit operating performance (1) Net asset value, December 31, 2016 $ 134.80 $ 144.97 $ 194.99 $ 169.05 $ 168.49 $ 94.06 $ 101.16 $ 134.25 Net operating results: Interest income 0.05 0.05 0.07 0.06 0.06 0.00 0.00 0.00 Expenses (8.66 ) (5.04 ) (6.80 ) (5.90 ) (5.87 ) (5.33 ) (2.99 ) (3.98 ) Net gain/(loss) on investments, net of non-controlling interests 9.77 10.58 14.64 12.56 12.50 1.54 1.85 2.46 Net income/(loss) 1.16 5.59 7.91 6.72 6.69 (3.79 ) (1.14 ) (1.52 ) Net asset value, December 31, 2017 $ 135.96 $ 150.56 $ 202.90 $ 175.77 $ 175.18 $ 90.27 $ 100.02 $ 132.73 Ratios to average net assets Net investment income/(loss) -8.50 % -4.51 % -4.51 % -4.51 % -4.51 % -8.23 % -4.24 % -4.24 % Expenses before incentive fees (3)(4) 8.48 % 4.49 % 4.49 % 4.49 % 4.49 % 8.23 % 4.24 % 4.24 % Expenses after incentive fees (3)(4) 8.54 % 4.56 % 4.56 % 4.56 % 4.56 % 8.23 % 4.24 % 4.24 % Total return before incentive fees (2) 0.92 % 3.92 % 4.12 % 4.04 % 4.03 % -4.03 % -1.13 % -1.13 % Total return after incentive fees (2) 0.86 % 3.86 % 4.06 % 3.98 % 3.97 % -4.03 % -1.13 % -1.13 % Frontier Winton Fund Frontier Heritage Fund Class 1 Class 1AP Class 2 Class 1 Class 1AP Class 2 Per unit operating performance (1) Net asset value, December 31, 2016 $ 154.51 $ 166.17 $ 210.98 $ 119.58 $ 128.60 $ 172.10 Net operating results: Interest income 0.32 0.35 0.44 0.00 0.00 0.00 Expenses (13.04 ) (9.32 ) (11.79 ) (9.12 ) (6.22 ) (8.35 ) Net gain/(loss) on investments, net of non-controlling interests 17.29 19.24 16.87 10.73 11.90 15.95 Net income/(loss) 4.57 10.27 5.52 1.61 5.68 7.60 Net asset value, December 31, 2017 $ 159.08 $ 176.44 $ 216.50 $ 121.19 $ 134.28 $ 179.70 Ratios to average net assets Net investment income/(loss) -11.41 % -7.42 % -7.42 % -10.67 % -6.68 % -6.68 % Expenses before incentive fees (3)(4) 11.98 % 8.00 % 8.00 % 10.73 % 6.74 % 6.74 % Expenses after incentive fees (3)(4) 11.69 % 7.71 % 7.71 % 10.67 % 6.68 % 6.68 % Total return before incentive fees (2) 2.67 % 5.89 % 2.33 % 1.29 % 4.36 % 4.36 % Total return after incentive fees (2) 2.96 % 6.18 % 2.62 % 1.35 % 4.42 % 4.42 % (1) Interest income and expenses per unit are calculated by dividing these amounts by the average number of units outstanding during the period. The net gain/(loss) on investments, net of non-controlling interests is a balancing amount necessary to reconcile the change in net asset value per unit with the other per unit information. (2) Impact of incentive fee computed using average net assets, otherwise computed using average units outstanding during the period prior to the effects of any non-controlling transactions. An owner’s total returns may vary from the above returns based on the timing of contributions and withdrawals. Total returns are not annualized. (3) Expense ratios do not reflect interest allocated to the Managing Owner as such expenses are not included in the Statements of Operations of the Series, see footnote 6. (4) Expense ratios do not include management and incentive fees at the Galaxy Plus entities. The ratios would have been higher had those expenses been included. The impact of those fees are included in the total return. For the year ended December 31, 2016 Frontier Diversified Fund Frontier Masters Fund Frontier Long/Short Commodity Fund Class 1 Class 2 Class 3 Class 1 Class 2 Class 3 Class 1a Class 2 Class 2a Class 3 Class 3a Per unit operating performance (1) Net asset value, December 31, 2015 $ 115.52 $ 129.60 $ 119.87 $ 112.87 $ 126.60 $ 117.57 $ 94.76 $ 132.10 $ 106.19 $ 132.14 $ 106.86 Net operating results: Interest income 0.67 0.75 0.70 0.77 0.87 0.81 0.19 0.26 0.20 0.26 0.21 Expenses (10.13 ) (7.17 ) (6.64 ) (9.79 ) (8.07 ) (7.50 ) (5.68 ) (5.17 ) (4.17 ) (5.18 ) (4.21 ) Net gain/(loss) on investments, net of non-controlling interests 10.37 9.76 9.34 8.95 9.38 9.01 3.50 2.37 3.46 3.58 4.64 Net income/(loss) 0.91 3.34 3.40 (0.07 ) 2.18 2.32 (1.98 ) (2.54 ) (0.52 ) (1.34 ) 0.64 Net asset value, December 31, 2016 $ 116.43 $ 132.94 $ 123.27 $ 112.80 $ 128.78 $ 119.89 $ 92.78 $ 129.56 $ 105.67 $ 130.80 $ 107.50 Ratios to average net assets Net investment income/(loss) -10.07 % -5.79 % -5.79 % -9.87 % -6.84 % -6.84 % -7.65 % -4.84 % -4.84 % -4.84 % -4.83 % Expenses before incentive fees (3)(4) 8.82 % 4.54 % 4.54 % 9.54 % 6.51 % 6.51 % 7.49 % 4.68 % 4.68 % 4.68 % 4.63 % Expenses after incentive fees (3)(4) 10.83 % 6.55 % 6.55 % 10.75 % 7.72 % 7.72 % 7.91 % 5.10 % 5.10 % 5.10 % 5.09 % Total return before incentive fees (2) 2.79 % 4.58 % 4.84 % 1.15 % 2.93 % 3.18 % -1.67 % -1.50 % -0.07 % -0.60 % 1.05 % Total return after incentive fees (2) 0.79 % 2.58 % 2.84 % -0.06 % 1.72 % 1.97 % -2.09 % -1.92 % -0.49 % -1.01 % 0.60 % Frontier Balanced Fund Frontier Select Fund Class 1 Class 1AP Class 2 Class 2a Class 3a Class 1 Class 1AP Class 2 Per unit operating performance (1) Net asset value, December 31, 2015 $ 128.03 $ 133.59 $ 179.69 $ 154.88 $ 154.37 $ 90.35 $ 94.28 $ 125.11 Net operating results: Interest income 0.15 0.15 0.21 0.18 0.18 0.01 0.00 0.01 Expenses (8.21 ) (4.49 ) (6.04 ) (5.22 ) (5.21 ) (6.11 ) (3.30 ) (4.37 ) Net gain/(loss) on investments, net of non-controlling interests 14.83 15.72 21.13 19.21 19.15 9.81 10.18 13.50 Net income/(loss) 6.77 11.38 15.30 14.17 14.12 3.71 6.88 9.14 Net asset value, December 31, 2016 $ 134.80 $ 144.97 $ 194.99 $ 169.05 $ 168.49 $ 94.06 $ 101.16 $ 134.25 Ratios to average net assets Net investment income/(loss) -7.65 % -3.62 % -3.62 % -3.62 % -3.62 % -8.44 % -4.26 % -4.24 % Expenses before incentive fees (3)(4) 6.20 % 2.16 % 2.16 % 2.16 % 2.16 % 8.14 % 3.94 % 3.94 % Expenses after incentive fees (3)(4) 7.80 % 3.77 % 3.77 % 3.77 % 3.77 % 8.45 % 4.26 % 4.26 % Total return before incentive fees (2) 6.89 % 10.12 % 10.12 % 10.75 % 10.75 % 4.42 % 7.61 % 7.62 % Total return after incentive fees (2) 5.29 % 8.52 % 8.51 % 9.15 % 9.15 % 4.11 % 7.30 % 7.31 % Frontier Winton Fund Frontier Heritage Fund Class 1 Class 1AP Class 2 Class 1 Class 1AP Class 2 Per unit operating performance (1) Net asset value, December 31, 2015 $ 164.17 $ 171.31 $ 217.51 $ 124.27 $ 129.67 $ 173.54 Net operating results: Interest income 0.04 0.04 0.05 0.02 0.00 0.02 Expenses (12.41 ) (7.86 ) (9.99 ) (7.76 ) (4.25 ) (5.60 ) Net gain/(loss) on investments, net of non-controlling interests 2.72 2.68 3.41 3.05 3.18 4.14 Net income/(loss) (9.66 ) (5.14 ) (6.53 ) (4.69 ) (1.07 ) (1.44 ) Net asset value, December 31, 2016 $ 154.51 $ 166.17 $ 210.98 $ 119.58 $ 128.60 $ 172.10 Ratios to average net assets Net investment income/(loss) -9.91 % -5.88 % -5.88 % -8.17 % -4.15 % -4.14 % Expenses before incentive fees (3)(4) 9.66 % 5.63 % 5.63 % 8.11 % 4.07 % 4.07 % Expenses after incentive fees (3)(4) 9.94 % 5.91 % 5.91 % 8.19 % 4.15 % 4.15 % Total return before incentive fees (2) -5.60 % -2.71 % -2.72 % -3.69 % -0.75 % -0.75 % Total return after incentive fees (2) -5.88 % -3.00 % -3.00 % -3.77 % -0.83 % -0.83 % (1) Interest income and expenses per unit are calculated by dividing these amounts by the average number of units outstanding during the period. The net gain/(loss) on investments, net of non-controlling interests is a balancing amount necessary to reconcile the change in net asset value per unit with the other per unit information. (2) Impact of incentive fee computed using average net assets, otherwise computed using average units outstanding during the period prior to the effects of any non-controlling transactions. An owner’s total returns may vary from the above returns based on the timing of contributions and withdrawals. Total returns are not annualized. (3) Expense ratios do not reflect interest allocated to the Managing Owner as such expenses are not included in the Statements of Operations of the Series, see footnote 6. (4) Expense ratios do not include management and incentive fees at the Galaxy Plus entities. The ratios would have been higher had those expenses been included. The impact of those fees are included in the total return. For the year ended December 31, 2015 Frontier Diversified Fund Frontier Masters Fund Frontier Long/Short Commodity Fund Class 1 Class 2 Class 3 Class 1 Class 2 Class 3 Class 2 Class 3 Class 1a Class 2a Class 3a Per unit operating performance (1) Net asset value, December 31, 2014 $ 113.09 $ 124.67 $ 115.03 $ 116.61 $ 128.53 $ 119.06 $ 138.30 $ 138.34 $ 101.12 $ 111.35 $ 111.77 Net operating results: Interest income 1.25 1.38 1.27 1.26 1.39 1.29 1.30 1.30 0.94 1.04 1.04 Expenses (12.26 ) (10.18 ) (9.38 ) (11.75 ) (10.13 ) (9.34 ) (10.10 ) (10.10 ) (9.53 ) (8.12 ) (8.06 ) Net gain/(loss) on investments, net of non-controlling interests 13.46 13.73 12.95 6.75 6.81 6.56 2.60 2.60 2.23 1.92 2.11 Net income/(loss) 2.43 4.93 4.84 (3.74 ) (1.93 ) (1.49 ) (6.20 ) (6.20 ) (6.36 ) (5.16 ) (4.91 ) Net asset value, December 31, 2015 $ 115.52 $ 129.60 $ 119.87 $ 112.87 $ 126.60 $ 117.57 $ 132.10 $ 132.14 $ 94.76 $ 106.19 $ 106.86 Ratios to average net assets (3) Net investment income/(loss) -9.10 % -6.56 % -6.56 % -8.92 % -6.70 % -6.70 % -6.03 % -6.03 % -8.11 % -6.03 % -6.03 % Expenses before incentive fees (4) 6.60 % 4.06 % 4.06 % 7.45 % 5.23 % 5.23 % 4.89 % 4.89 % 6.97 % 4.89 % 4.78 % Expenses after incentive fees (4) 10.13 % 7.59 % 7.59 % 9.99 % 7.77 % 7.77 % 6.91 % 6.91 % 9.00 % 6.91 % 6.91 % Total return before incentive fees (2) 5.68 % 7.49 % 7.74 % -0.67 % 1.03 % 1.28 % -2.46 % -2.45 % -4.26 % -2.61 % -2.26 % Total return after incentive fees (2) 2.15 % 3.95 % 4.21 % -3.21 % -1.50 % -1.25 % -4.48 % -4.48 % -6.29 % -4.63 % -4.39 % Frontier Balanced Fund Frontier Select Fund Class 1 Class 1AP Class 2 Class 2a Class 3a Class 1 Class 1AP Class 2 Per unit operating performance (1) Net asset value, December 31, 2014 $ 131.54 $ 133.20 $ 179.16 $ 153.02 $ 152.52 $ 95.61 $ 96.82 $ 128.48 Net operating results: Interest income 0.04 0.04 0.06 0.05 0.05 0.00 0.00 0.00 Expenses (8.91 ) (4.94 ) (6.65 ) (5.70 ) (5.68 ) (6.63 ) (3.84 ) (5.11 ) Net gain/(loss) on investments, net of non-controlling interests 5.36 5.29 7.12 7.51 7.50 1.37 1.30 1.74 Net income/(loss) (3.51 ) 0.39 0.53 1.86 1.85 (5.26 ) (2.54 ) (3.37 ) Net asset value, December 31, 2015 $ 128.03 $ 133.59 $ 179.69 $ 154.88 $ 154.37 $ 90.35 $ 94.28 $ 125.11 Ratios to average net assets (3) Net investment income/(loss) -6.50 % -3.50 % -3.50 % -3.50 % -3.50 % -6.91 % -3.91 % -3.91 % Expenses before incentive fees (4) 4.80 % 1.80 % 1.80 % 1.80 % 1.80 % 5.82 % 2.82 % 2.82 % Expenses after incentive fees (4) 6.53 % 3.53 % 3.53 % 3.53 % 3.53 % 6.91 % 3.91 % 3.91 % Total return before incentive fees (2) -0.94 % 2.02 % 2.03 % 2.95 % 2.95 % -4.42 % -1.54 % -1.54 % Total return after incentive fees (2) -2.67 % 0.29 % 0.30 % 1.22 % 1.21 % -5.50 % -2.62 % -2.62 % Frontier Winton Fund Frontier Heritage Fund Class 1 Class 1AP Class 2 Class 1 Class 1AP Class 2 Per unit operating performance (1) Net asset value, December 31, 2014 $ 175.95 $ 178.18 $ 226.23 $ 130.28 $ 131.93 $ 176.56 Net operating results: Interest income 0.00 0.00 0.00 0.00 0.00 0.00 Expenses (15.25 ) (10.28 ) (13.06 ) (9.27 ) (5.42 ) (7.26 ) Net gain/(loss) on investments, net of non-controlling interests 3.47 3.41 4.34 3.26 3.16 4.24 Net income/(loss) (11.78 ) (6.87 ) (8.72 ) (6.01 ) (2.26 ) (3.02 ) Net asset value, December 31, 2015 $ 164.17 $ 171.31 $ 217.51 $ 124.27 $ 129.67 $ 173.54 Ratios to average net assets (3) Net investment income/(loss) -8.74 % -5.74 % -5.74 % -6.97 % -3.97 % -3.97 % Expenses before incentive fees (4) 6.88 % 3.88 % 3.88 % 5.94 % 2.94 % 2.94 % Expenses after incentive fees (4) 8.74 % 5.74 % 5.74 % 6.97 % 3.97 % 3.97 % Total return before incentive fees (2) -4.83 % -1.99 % -1.99 % -3.58 % -0.68 % -0.68 % Total return after incentive fees (2) -6.70 % -3.86 % -3.85 % -4.61 % -1.71 % -1.71 % (1) Interest income and expenses per unit are calculated by dividing these amounts by the average number of units outstanding during the period. The net gain/(loss) on investments, net of non-controlling interests is a balancing amount necessary to reconcile the change in net asset value per unit with the other per unit information. (2) Impact of incentive fee computed using average net assets, otherwise computed using average units outstanding during the period prior to the effects of any non-controlling transactions. An owner’s total returns may vary from the above returns based on the timing of contributions and withdrawals. Total returns are not annualized. (3) Annualized with the exception of incentive fees. (4) Expense ratios do not reflect interest allocated to the Managing Owner as such expenses are not included in the Statements of Operations of the Series, see footnote 6. |
Equinox Frontier Fund [Member] | |
Financial Highlights of Trust | The following information presents the financial highlights of the Trust for the year ended December 31, 2017, 2016 and 2015. This data has been derived from the information presented in the consolidated financial statements. 2017 2016 2015 Ratios to average net assets (1) Net investment gain/(loss) (1) -5.44 % -5.50 % -6.70 % Expenses before incentive fees (3) 5.68 % 4.48 % 4.90 % Expenses after incentive fees (3) 5.60 % 5.75 % 7.10 % Total return before incentive fees (2) 1.20 % 3.62 % 0.60 % Total return after incentive fees (2) 1.29 % 2.35 % -1.60 % (1) Annualized with the exception of incentive fees. (2) Total returns are not annualized. (3) Expense ratios do not reflect interest allocated to the Managing Owner as such expenses are not included in the Consolidated Statements of Operations of the Trust. See footnote 5. |
The Trading Companies of the Equinox Frontier Funds [Member] | |
Financial Highlights of Trust | The following information presents the financial highlights of the Trading Companies for the years ended December 31, 2017, 2016 and 2015. Frontier Trading Frontier Trading Frontier Trading Company I LLC Company II LLC Company VII, LLC (1) 12/31/2017 12/31/2016 12/31/2015 12/31/2017 12/31/2016 12/31/2015 12/31/2017 12/31/2016 12/31/2015 Net Investment Gain 0.33 % -0.01 % -0.11 % 0.36 % 0.04 % 0.02 % 0.00 % 0.05 % -0.02 % Total Return -6.34 % 19.51 % 63.74 % 37.39 % 36.78 % 67.48 % 0.00 % 145.34 % 117.20 % Frontier Trading Frontier Trading Frontier Trading Company XIV, LLC (2) Company XV, LLC (5) Company XXIII, LLC (3) 12/31/2017 12/31/2016 12/31/2015 12/31/2017 12/31/2016 12/31/2015 12/31/2017 12/31/2016 12/31/2015 Net Investment Gain 0.00 % 0.11 % -0.01 % 0.00 % 0.01 % 0.01 % 0.00 % -0.42 % -0.45 % Total Return 0.00 % 75.41 % -27.64 % -10.32 % 32.45 % -0.93 % 0.00 % -99.99 % 48.44 % Frontier Trading Frontier Trading Frontier Trading Company XXIX, LLC (4) Company XXXIX, LLC Company XXXIV, LLC 12/31/2017 12/31/2016 12/31/2015 12/31/2017 12/31/2016 12/31/2015 12/31/2017 12/31/2016 12/31/2015 Net Investment Gain 0.00 % 0.06 % -0.04 % 0.00 % 0.00 % 0.00 % 0.00 % 0.00 % -0.02 % Total Return 0.00 % -100.00 % -56.27 % 7.25 % 5.02 % 5.57 % 0.63 % 2.30 % 1.43 % Frontier Trading Frontier Trading Frontier Trading Company XXXV, LLC Company XXXVII, LLC Company XXXVIII, LLC 12/31/2017 12/31/2016 12/31/2015 12/31/2017 12/31/2016 12/31/2015 12/31/2017 12/31/2016 12/31/2015 Net Investment Gain 0.00 % 0.00 % 0.00 % 0.00 % 0.00 % 0.00 % 0.00 % -0.02 % -0.04 % Total Return -1.23 % 7.97 % 32.20 % 14.83 % -2.57 % -2.86 % -5.85 % -71.58 % -58.46 % (1) Trading Company VII ceased operations April 28, 2016 (2) Trading Company XIV ceased operations April 21, 2016 (3) Trading Company XXIII ceased operations July 22, 2016 (4) Trading Company XXIX ceased operations January 29, 2016 (5) Trading Company XV ceased trading operations May 9, 2017 |
Galaxy Plus Fund LLC [Member] | |
Financial Highlights of Trust | The information has been derived from information presented in the financial statements. Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - 510 Series 510 Series 510 Series 510 Series Class A Class B Class C Class EF Total return before incentive fee 6.18 % 7.93 % 12.23 % 22.27 % Incentive fee -0.11 % -1.57 % -2.08 % -1.14 % Total return after incentive fee (A) 6.07 % 6.36 % 10.15 % 21.13 % Ratio to average members’ equity (B): Expenses excluding incentive fee 2.34 % 5.31 % * 7.42 % 2.37 % Incentive fee 0.11 % 1.57 % 2.08 % 1.14 % Total expenses and incentive fee 2.45 % 6.88 % 9.50 % 3.51 % Net investment income (loss) (C) -2.27 % -6.38 % * -9.00 % -3.01 % Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - 516 Series 516 Series 517 Series 518 Series Class C Class EF Class EF Class C Total return before incentive fee -9.99 % 43.89 % -7.66 % 3.11 % Incentive fee 0.00 % -13.39 % 0.00 % 0.00 % Total return after incentive fee (A) -9.99 % 30.50 % -7.66 % 3.11 % Ratio to average members’ equity (B): Expenses excluding incentive fee 8.86 % * 5.44 % 4.84 % 5.77 % * Incentive fee 0.00 % 13.39 % 0.00 % 0.00 % Total expenses and incentive fee 8.86 % 18.83 % 4.84 % 5.77 % Net investment income (loss) (C) -8.86 % * -18.83 % -4.84 % -5.53 % * Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - 518 Series 522 Series 526 Series 526 Series Class EF Class EF Class A Class B Total return before incentive fee 9.76 % -50.89 % 28.51 % 4.78 % Incentive fee 0.00 % 0.00 % -4.79 % -1.51 % Total return after incentive fee (A) 9.76 % -50.89 % 23.72 % 3.27 % Ratio to average members’ equity (B): Expenses excluding incentive fee 3.86 % 10.24 % 0.94 % 1.59 %* Incentive fee 0.00 % 0.00 % 4.79 % 1.51 % Total expenses and incentive fee 3.86 % 10.24 % 5.73 % 3.10 % Net investment income (loss) (C) -3.70 % -10.24 % -5.64 % -3.09 %* Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - 526 Series 526 Series 527 Series 528 Series Class C Class EF Class EF Class EF Total return before incentive fee 24.34 % 38.72 % -4.04 % 4.78 % Incentive fee -2.54 % -11.07 % 0.00 % -1.33 % Total return after incentive fee (A) 21.80 % 27.65 % -4.04 % 3.45 % Ratio to average members’ equity (B): Expenses excluding incentive fee 1.69 % 2.70 % 3.06 % 1.98 % Incentive fee 2.54 % 11.07 % 0.00 % 1.33 % Total expenses and incentive fee 4.23 % 13.77 % 3.06 % 3.31 % Net investment income (loss) (C) -4.18 % -13.73 % -2.72 % -3.31 % Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - 531 Series 532 Series 535 Series 538W Series Class EF Class EF Class EF Class EF Total return before incentive fee 9.92 % 1.14 % -8.09 % 3.51 % Incentive fee -0.20 % -0.01 % 0.00 % -1.15 % Total return after incentive fee (A) 9.72 % 1.13 % -8.09 % 2.36 % Ratio to average members’ equity (B): Expenses excluding incentive fee 6.00 % * 3.43 % 2.82 % 2.59 % * Incentive fee 0.20 % 0.01 % 0.00 % 1.15 % Total expenses and incentive fee 6.20 % 3.44 % 2.82 % 3.74 % Net investment income (loss) (C) -5.75 % * -3.43 % -2.67 % -3.66 % * * Ratios annualized for partial periods. (A) Total return is based on the change in average members’ equity during the period of a theoretical investment made at the inception of the Fund. (B) The total expense and net investment income (loss) ratios are computed based upon weighted-average members’ equity as a whole for the periods ended December 31, 2017. (C) The net investment income/ (loss) ratio excludes net realized and unrealized gains (losses) on investments. |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | |
Financial Highlights of Trust | Financial highlights of the Master Fund for the year ended December 31, 2017 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) 5.24 % Ratio to average member’s equity (B): Net investment income (C) 0.33 % Total expenses 0.00 % (A) Total return is based on the change in average member’s equity during the period of a theoretical investment made at the inception of the Master Fund. (B) The total expense and net investment income ratios are computed based upon weighted-average member’s equity as a whole for the year ended December 31, 2017. (C) The net investment income ratio excludes net realized and unrealized gains (losses) on investments. |
Galaxy Plus Fund - Chesapeake Master Fund (518) LLC [Member] | |
Financial Highlights of Trust | Financial highlights of the Master Fund for the year ended December 31, 2017 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) 15.58 % Ratio to average member’s equity (B): Net investment income (C) 0.18 % Total expenses 0.00 % (A) Total return is based on the change in average member’s equity during the period of a theoretical investment made at the inception of the Master Fund. (B) The total expense and net investment income ratios are computed based upon weighted-average member’s equity as a whole for the period ended December 31, 2017. (C) The net investment income ratio excludes net realized and unrealized gains (losses) on investments. |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | |
Financial Highlights of Trust | Financial highlights of the Master Fund for the year ended December 31, 2017 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) 6.98 % Ratio to average member’s equity (B): Net investment income (C) — % Total expenses — % (A) Total return is based on the change in average member’s equity during the period of a theoretical investment made at the inception of the Master Fund. (B) The total expense and net investment income ratios are computed based upon weighted-average member’s equity as a whole for the year ended December 31, 2017. (C) The net investment income ratio excludes net realized and unrealized gains (losses) on investments. |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | |
Financial Highlights of Trust | Financial highlights of the Master Fund for the year ended December 31, 2017 are presented in the table below. The information has been derived from information presented in the financial statements. Total Return (A) 55.42 % Ratio to average member’s equity (B): Net investment income (C) — % Total expenses — % (A) Total return is based on the change in average member’s equity during the period of a theoretical investment made at the inception of the Master Fund. (B) The total expense and net investment income ratios are computed based upon weighted-average member’s equity as a whole for the period ended December 31, 2017. (C) The net investment income ratio excludes net realized and unrealized gains (losses) on investments. |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | |
Financial Highlights of Trust | Financial highlights of the Master Fund for the year ended December 31, 2017 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) 25.34 % Ratio to average member’s equity (B): Net investment income (C ) 0.50 % Total expenses (0.09 )% (A) Total return is based on the change in average member’s equity during the period of a theoretical investment made at the inception of the Master Fund. (B) The total expense and net investment income ratios are computed based upon weighted-average member’s equity as a whole for the year ended December 31, 2017. (C) The net investment income ratio excludes net realized and unrealized gains (losses) on investments. |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | |
Financial Highlights of Trust | Financial highlights of the Master Fund for the year ended December 31, 2017 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) (44.37 )% Ratio to average member’s equity (B): Net investment income (C) 0.00 % Total expenses 0.00 % (A) Total return is based on the change in average member’s equity during the period of a theoretical investment made at the inception of the Master Fund. (B) The total expense and net investment income ratios are computed based upon weighted-average member’s equity as a whole for the year ended December 31, 2017. (C) The net investment income ratio excludes net realized and unrealized gains (losses) on investments. |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | |
Financial Highlights of Trust | Financial highlights of the Master Fund for the year December 31, 2017 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) 42.66 % Ratio to average member’s equity (B): Net investment income (C) 0.05 % Total expenses 0.00 % (A) Total return is based on the change in average member’s equity during the period of a theoretical investment made at the inception of the Master Fund. (B) The total expense and net investment income ratios are computed based upon weighted-average member’s equity as a whole for the year ended December 31, 2017. (C) The net investment income ratio excludes net realized and unrealized gains (losses) on investments. |
Galaxy Plus Fund - Quantmetrics Master Fund (527) LLC [Member] | |
Financial Highlights of Trust | Financial highlights of the Master Fund for the year ended December 31, 2017 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) (0.91 )% Ratio to average member’s equity (B): Net investment income (C) 0.34 % Total expenses — % (A) Total return is based on the change in average member’s equity during the period of a theoretical investment made at the inception of the Master Fund. (B) The total expense and net investment income ratios are computed based upon weighted-average member’s equity as a whole for the year ended December 31, 2017. (C) The net investment income ratio excludes net realized and unrealized gains (losses) on investments. |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | |
Financial Highlights of Trust | Financial highlights of the Master Fund for the year ended December 31, 2017 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) (1.91 )% Ratio to average member’s equity (B): Net investment loss(C) (0.04 )% Total expenses 0.04 % (A) Total return is based on the change in average member’s equity during the period of a theoretical investment made at the inception of the Master Fund. (B) The total expense and net investment loss ratios are computed based upon weighted-average member’s equity as a whole for the year ended December 31, 2017. (C) The net investment loss ratio excludes net realized and unrealized gains (losses) on investments. |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | |
Financial Highlights of Trust | Financial highlights of the Master Fund for the year ended December 31, 2017 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) (5.46 )% Ratio to average member’s equity (B): Net investment income (C) 0.13 % Total expenses 0.00 % (A) Total return is based on the change in average member’s equity during the period of a theoretical investment made at the inception of the Master Fund. (B) The total expense and net investment income ratios are computed based upon weighted-average member’s equity as a whole for the year ended December 31, 2017. (C) The net investment income ratio excludes net realized and unrealized gains (losses) on investments. |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | |
Financial Highlights of Trust | Financial highlights of the Master Fund for the period May 10, 2017 (commencement of operations) through December 31, 2017 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) 14.51 % Ratio to average member’s equity (B): Net investment income(C) 0.45 % Total expenses 0.00 % (A) Total return is based on the change in average member’s equity during the period of a theoretical investment made at the inception of the Master Fund. (B) The total expense and net investment income ratios are computed based upon weighted-average member’s equity as a whole for the period ended December 31, 2017. (C) The net investment income ratio excludes net realized and unrealized gains (losses) on investments. |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | |
Financial Highlights of Trust | Financial highlights of the Master Fund for the period from March 28, 2017 (commencement of operations) through December 31, 2017 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) 5.60 % Ratio to average member’s equity (B): Net investment income(C) 0.08 % Total expenses 0.00 % (A) Total return is based on the change in average member’s equity during the period of a theoretical investment made at the inception of the Master Fund. (B) The total expense and net investment income ratios are computed based upon weighted-average member’s equity as a whole for the period ended December 31, 2017. (C) The net investment income ratio excludes net realized and unrealized gains (losses) on investments. |
Derivative Instruments and He31
Derivative Instruments and Hedging Activities (Tables) | 12 Months Ended |
Dec. 31, 2017 | |
Series Of Frontier Fund [Member] | |
Averages of Futures Contracts | The following tables summarize the monthly averages of futures contracts bought and sold for each respective Series of the Trust: For the Year Ended December 31, 2017 Monthly average contracts: Bought Sold Frontier Balanced Fund 1,070 1,008 Frontier Select Fund 4,019 4,191 Frontier Winton Fund 1,998 1,980 For the Year Ended December 31, 2016 Monthly average contracts: Bought Sold Frontier Balanced Fund 3,551 3,667 Frontier Long/Short Commodity Fund 17 7 Frontier Select Fund 2,403 2,134 Frontier Winton Fund 646 768 For the Year Ended December 31, 2015 Monthly average contracts: Bought Sold Frontier Balanced Fund 5,930 6,000 Frontier Diversified Fund 7,657 7,698 Frontier Select Fund 2,213 2,285 Frontier Winton Fund 629 697 |
Realized Trading Revenue from Futures, Forwards and Options | The following tables summarize the trading revenues for the years ended December 31, 2017, 2016 and 2015 by sector: Realized Trading Revenue from Futures, Forwards and Options Frontier Balanced Frontier Select Frontier Winton Type of contract Fund Fund Fund Metals $ (134,275 ) $ (143,520 ) $ (1,595,961 ) Currencies 131,422 (290,393 ) (1,676,434 ) Energies 108,921 (485,509 ) (1,185,513 ) Agriculturals (551,945 ) 162,919 727,130 Interest rates (381,197 ) (894,051 ) (1,522,362 ) Stock indices 445,257 1,502,370 9,683,416 Realized trading income/(loss) (1) $ (381,817 ) $ (148,184 ) $ 4,430,276 Realized Trading Revenue from Futures, Forwards and Options Frontier Long/Short Frontier Balanced Frontier Select Frontier Winton Type of contract Commodity Fund Fund Fund Fund Metals $ (34,888 ) $ 182,563 $ (410,694 ) $ (2,388,858 ) Currencies — (13,492 ) 900,699 2,423,468 Energies 62,750 (486,968 ) (341,104 ) (1,997,815 ) Agriculturals (118,076 ) 104,957 (239,338 ) (645,570 ) Interest rates — 5,052,510 1,821,479 3,484,057 Stock indices — (1,061,138 ) 375,929 (282,419 ) Realized trading income/(loss) (1) $ (90,214 ) $ 3,778,432 $ 2,106,971 $ 592,863 Realized Trading Revenue from Futures, Forwards and Options Frontier Frontier Balanced Frontier Select Frontier Winton Type of contract Diversified Fund Fund Fund Fund Metals $ (290,825 ) $ (1,177,902 ) $ 318,485 $ 1,193,164 Currencies 1,383,673 (1,439,511 ) (1,139,499 ) (708,080 ) Energies 583,688 1,689,728 2,554,163 4,578,349 Agriculturals (393,721 ) (713,403 ) (430,337 ) 163,315 Interest rates 4,591,068 2,060,482 465,975 2,023,333 Stock indices 2,725,801 (584,380 ) (383,178 ) (3,884,112 ) Realized trading income/(loss) (1) $ 8,599,684 $ (164,986 ) $ 1,385,609 $ 3,365,969 (1) Amounts recorded in the Statements of Operations under Net realized gain(loss) on futures forwards and options. Net Change in Open Trade Equity from Futures, Forwards and Options Frontier Balanced Frontier Select Frontier Winton Type of contract Fund Fund Fund Metals $ (115,993 ) $ (57,373 ) $ 20,454 Currencies 85,174 (151,187 ) (565,953 ) Energies 78,514 (176,868 ) 124,997 Agriculturals (59,986 ) (26,685 ) 6,743 Interest rates (50,861 ) (214,247 ) (110,137 ) Stock indices 6,424 (59,662 ) (398,394 ) Change in unrealized trading income/(loss) (1) $ (56,728 ) $ (686,022 ) $ (922,290 ) Net Change in Open Trade Equity from Futures, Forwards and Options Frontier Long/Short Frontier Balanced Frontier Select Frontier Winton Type of contract Commodity Fund Fund Fund Fund Metals $ 40,106 $ 60,680 $ (97,042 ) $ (577,784 ) Currencies 88,181 (568,349 ) 231,035 92,870 Energies 310,673 127,622 (457,542 ) (165,261 ) Agriculturals 265,514 (8,243 ) (47,280 ) 105,158 Interest rates 6,479 88,321 435,147 699,717 Stock indices (17,690 ) (40,687 ) 122,797 311,568 Change in unrealized trading income/(loss) (1) $ 693,263 $ (340,656 ) $ 187,115 $ 466,268 Net Change in Open Trade Equity from Futures, Forwards and Options Frontier Long/Short Frontier Balanced Frontier Select Frontier Winton Type of contract Commodity Fund Fund Fund Fund Metals $ 826,351 $ 98,396 $ 341,471 $ (258,245 ) Currencies (193,292 ) 326,929 68,644 (1,135,570 ) Energies 147,793 (655,732 ) (87,484 ) (477,721 ) Agriculturals 90,444 (27,073 ) (193,259 ) 195,067 Interest rates (924,670 ) (1,209,945 ) (1,031,494 ) (587,015 ) Stock indices 503,775 (155,839 ) (298,237 ) 136,082 Change in unrealized trading income/(loss) (1) $ 450,401 $ (1,623,264 ) $ (1,200,359 ) $ (2,127,402 ) (1) Amounts recorded in the Statements of Operations under Net change in open trade equity/(deficit) |
Offsetting of Derivative Assets and Liabilities | The following tables present gross and net information about the Series’ assets and liabilities subject to master netting arrangements as disclosed on the statements of financial condition as of December 31, 2017 and 2016. As of December 31, 2017 Net Amounts Gross Amounts Presented in the Gross Amounts offset in the Statements of of recognized Statements of Financial Derivative Assets Financial Condition Condition Frontier Balanced Fund Open Trade Equity/(Deficit) $ 343,222 $ (164,670 ) $ 178,552 Swap Contracts 11,340,959 — 11,340,959 Frontier Diversified Fund Swap Contracts $ 6,376,472 $ — $ 6,376,472 Frontier Long/Short Commodity Fund Swap Contracts $ 397,039 $ — $ 397,039 Frontier Heritage Fund Swap Contracts $ 3,094,367 $ — $ 3,094,367 As of December 31, 2016 Net Amounts Gross Amounts Presented in the Gross Amounts offset in the Statements of of recognized Statements of Financial Derivative Assets Financial Condition Condition Frontier Balanced Fund Open Trade Equity/(Deficit) $ 515,659 $ (277,998 ) $ 237,661 Swap Contracts 18,939,450 — 18,939,450 Frontier Diversified Fund Swap Contracts $ 8,637,847 $ — $ 8,637,847 Frontier Long/Short Commodity Fund Swap Contracts $ 4,220,468 $ — $ 4,220,468 Frontier Heritage Fund Swap Contracts $ 8,391,414 $ — $ 8,391,414 Frontier Select Fund Open Trade Equity/(Deficit) $ 1,136,504 $ (450,482 ) $ 686,022 Frontier Winton Fund Open Trade Equity/(Deficit) $ 2,393,850 $ (1,171,326 ) $ 1,222,524 |
Equinox Frontier Fund [Member] | |
Averages of Futures Contracts | The following tables summarize the trading revenues for the years ended December 31, 2017, 2016 and 2015 by contract type: Realized Trading Revenue from Futures, Forwards and Options Type of contract Metals $ (1,881,246 ) Currencies (1,881,971 ) Energies (1,506,874 ) Agriculturals 308,770 Interest rates (2,849,356 ) Stock indices 11,602,528 Realized trading income/(loss) (1) $ 3,791,851 Realized Trading Revenue from Futures, Forwards and Options Type of contract Metals $ (6,470,215 ) Currencies (325,860 ) Energies (1,704,062 ) Agriculturals (1,356,271 ) Interest rates 15,051,999 Stock indices (607,029 ) Realized trading income/(loss) (1) $ 4,588,561 Realized Trading Revenue from Futures, Forwards and Options Type of contract Metals $ 2,815,290 Currencies 20,181 Energies 24,010,764 Agriculturals (1,076,371 ) Interest rates 7,698,430 Stock indices 1,249,470 Realized trading income/(loss) (1) $ 34,717,764 (1) Amounts recorded in the Statements of Operations under Net realized gain(loss) on futures forwards and options. |
Realized Trading Revenue from Futures, Forwards and Options | Net Change in Open Trade Equity from Futures, Forwards and Options for the Year Ended December 31, 2017 Type of contract Metals $ 556,638 Currencies (280,451 ) Energies 328,180 Agriculturals (213,814 ) Interest rates (524,406 ) Stock indices (221,354 ) Change in unrealized trading income/(loss) (1) $ (355,207 ) Net Change in Open Trade Equity from Futures, Forwards and Options Type of contract Metals $ 2,214,634 Currencies (833,869 ) Energies 2,892,066 Agriculturals 419,663 Interest rates 1,370,283 Stock indices 748,403 Change in unrealized trading income/(loss) (1) $ 6,811,180 Net Change in Open Trade Equity from Futures, Forwards and Options Type of contract Metals $ (2,022,111 ) Currencies (661,383 ) Energies (11,513,437 ) Agriculturals (220,936 ) Interest rates (5,067,720 ) Stock indices (500,317 ) Change in unrealized trading income/(loss) (1) $ (19,985,903 ) (1) Amounts recorded in the Statements of Operations under Net change in open trade equity/(deficit) |
Offsetting of Derivative Assets and Liabilities | The following tables present gross and net information about the Trust’s assets and liabilities subject the master netting arrangements as disclosed on the consolidated statements of financial condition as of December 31, 2017 and 2016: As of December 31, 2017 Net Amounts Gross Amounts Presented in the offset in the Consolidated Gross Amounts Consolidated Statements of of recognized Statements of Financial Derivative Assets Financial Condition Condition Open Trade Equity/(Deficit) $ 2,758,014 $ (1,189,600 ) $ 1,568,414 Swap Contracts 21,208,838 — 21,208,838 As of December 31, 2016 Net Amounts Gross Amounts Presented in the Gross Amounts offset in the Statements of of recognized Statements of Financial Derivative Assets Financial Condition Condition Open Trade Equity/(Deficit) $ 2,998,612 $ (852,405 ) $ 2,146,207 Swap Contracts 40,189,178 — 40,189,178 |
The Trading Companies of the Equinox Frontier Funds [Member] | |
Averages of Futures Contracts | The following tables summarize the monthly averages of futures contracts bought and sold for each respective Trading Company: For the Year Ended December 31, 2017 Monthly average contracts: Bought Sold Frontier Trading Company I LLC 1,070 1,008 Frontier Trading Company II LLC 1,998 1,980 Frontier Trading Company XV LLC 4,019 4,191 For the Year Ended December 31, 2016 Monthly average contracts: Bought Sold Frontier Trading Company I LLC 18,202 18,243 Frontier Trading Company II LLC 2,082 2,130 Frontier Trading Company VII LLC 3,085 3,086 Frontier Trading Company XIV LLC 795 803 Frontier Trading Company XV LLC 4,154 4,001 Frontier Trading Company XXIII LLC 1,682 1,615 Frontier Trading Company XXIX LLC 64 71 Frontier Trading Company XXXVIII LLC 1,341 1,208 For the Year Ended December 31, 2015 Monthly average contracts: Bought Sold Frontier Trading Company I LLC 14,894 15,185 Frontier Trading Company II LLC 1,508 1,597 Frontier Trading Company VII LLC 13,402 13,274 Frontier Trading Company XIV LLC 1,338 1,359 Frontier Trading Company XV LLC 2,153 2,225 Frontier Trading Company XXIII LLC 2,926 2,962 Frontier Trading Company XXIX LLC 526 537 Frontier Trading Company XXXIV LLC 972 972 Frontier Trading Company XXXVIII LLC 1,275 1,349 |
Realized Trading Revenue from Futures, Forwards and Options | The following tables summarize the trading revenues for the years ended December 31, 2017, 2016 and 2015, approximately by sector: Realized Trading Revenue from Futures, Forwards and Options for the Year Ended December 31, 2017 Frontier Trading Frontier Trading Frontier Trading Type of contract Company I LLC Company II LLC Company XV LLC Metals $ (134,275 ) $ (1,603,451 ) $ (143,520 ) Currencies 131,327 (1,711,164 ) (290,393 ) Energies 108,921 (1,130,286 ) (485,509 ) Agriculturals (551,945 ) 697,796 162,919 Interest rates (381,197 ) (1,574,108 ) (894,051 ) Stock indices 445,257 9,654,901 1,502,370 Realized trading income/(loss) (1) $ (381,912 ) $ 4,333,688 $ (148,184 ) Realized Trading Revenue from Futures, Forwards and Options for the Year Ended December 31, 2016 Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of contract Company I LLC Company II LLC Company VII LLC Company X1V LLC Metals $ (570,904 ) $ (2,388,857 ) $ (2,735,981 ) $ 15,680 Currencies (1,134,947 ) 2,449,081 (333,855 ) 180,074 Energies (540,962 ) (1,997,815 ) 1,426,316 173,411 Agriculturals (793,888 ) (645,570 ) 634,825 (128,046 ) Interest rates 6,698,984 3,484,057 (342,396 ) 1,341,209 Stock indices 1,051,934 (282,419 ) (128,497 ) (462,833 ) Realized trading income/(loss) (1) $ 4,710,217 $ 618,478 $ (1,479,588 ) $ 1,119,495 Frontier Trading Frontier Trading Frontier Trading Frontier Trading Company XXIII Company XXIX Company XXXVIII Type of contract Company XV LLC LLC LLC LLC Metals $ (410,694 ) $ 125,165 $ (8,260 ) $ (496,363 ) Currencies 885,773 (661,239 ) 5,174 (1,715,921 ) Energies (341,104 ) (403,582 ) (54,266 ) 33,941 Agriculturals (239,338 ) — 4,630 (188,884 ) Interest rates 1,821,478 3,627,111 154,416 (1,732,861 ) Stock indices 375,929 (660,900 ) 41,389 (541,633 ) Realized trading income/(loss) (1) $ 2,092,044 $ 2,026,555 $ 143,083 $ (4,641,720 ) Realized Trading Revenue from Futures, Forwards and Options for the Year Ended December 31, 2015 Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of contract Company I LLC Company II LLC Company VII LLC Company X1V LLC Metals $ 638,640 $ 412,683 $ 2,770,377 $ (173,565 ) Currencies 1,473,437 (346,462 ) 572,927 (1,062,588 ) Energies 3,075,926 3,898,848 13,476,409 1,755,803 Agriculturals (618,275 ) 295,065 1,146,162 (308,178 ) Interest rates 4,813,887 4,204,957 (803,460 ) 767,420 Stock indices 2,273,642 (1,544,747 ) 173,194 (850,694 ) Realized trading income/(loss) (1) $ 11,657,257 $ 6,920,344 $ 17,335,609 $ 128,198 Frontier Trading Frontier Trading Frontier Trading Frontier Trading Company XXIII Company XXIX Company XXXIV Type of contract Company XV LLC LLC LLC LLC Metals $ 318,485 $ (321,260 ) $ (680,920 ) $ (2,157 ) Currencies (1,140,254 ) (349,146 ) (68,374 ) 31,785 Energies 2,554,164 685,793 (755,954 ) — Agriculturals (430,338 ) — (405,228 ) — Interest rates 466,376 1,569,067 (162,699 ) (69,996 ) Stock indices (383,176 ) 398,225 261,267 (423,235 ) Realized trading income/(loss) (1) $ 1,385,257 $ 1,982,679 $ (1,811,908 ) $ (463,603 ) Frontier Trading Company XXXVIII Type of contract LLC Metals $ (146,993 ) Currencies 776,564 Energies (702,562 ) Agriculturals (755,577 ) Interest rates (2,939,346 ) Stock indices 1,351,855 Realized trading income/(loss) (1) $ (2,416,059 ) (1) Amounts recorded in the Statements of Operations under Net realized gain(loss) on futures forwards and options. Net Change in Open Trade Equity from Futures, Forwards and Options for the Year Ended December 31, 2017 Frontier Trading Frontier Trading Frontier Trading Type of contract Company I LLC Company II LLC Company XV LLC Metals $ (115,993 ) $ 730,004 $ (57,373 ) Currencies 81,844 (183,821 ) (151,187 ) Energies 78,514 426,534 (176,868 ) Agriculturals (59,986 ) (127,143 ) (26,685 ) Interest rates (50,861 ) (259,298 ) (214,247 ) Stock indices 6,424 (168,116 ) (59,662 ) Change in unrealized trading income/(loss) (1) $ (60,058 ) $ 418,160 $ (686,022 ) Net Change in Open Trade Equity from Futures, Forwards and Options for the Year Ended December 31, 2016 Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of contract Company I LLC Company II LLC Company XV LLC Company XIV LLC Metals $ (16,549 ) $ (577,784 ) $ 2,998,383 $ (36,385 ) Currencies (695,645 ) 147,840 (34,630 ) (68,823 ) Energies 109,673 (165,261 ) 3,264,774 87,766 Agriculturals 8,545 105,158 169,070 (2,760 ) Interest rates 43,332 699,717 (2,272 ) 55,947 Stock indices 293,774 311,568 42,046 (70,230 ) Change in unrealized trading income/(loss) (1) $ (256,870 ) $ 521,238 $ 6,437,371 $ (34,485 ) Frontier Trading Frontier Trading Frontier Trading Frontier Trading Company XXIII Company XXIX Company XXXVIII Type of contract Company XV LLC LLC LLC LLC Metals $ (97,042 ) $ (4,280 ) $ 10,744 $ (62,455 ) Currencies 244,511 (118,177 ) (38,876 ) (270,069 ) Energies (457,543 ) 61,323 (10,686 ) 2,020 Agriculturals (47,280 ) — 40,435 146,494 Interest rates 435,147 80,695 5,426 52,293 Stock indices 122,797 8,145 (11,793 ) 52,098 Change in unrealized trading income/(loss) (1) $ 200,590 $ 27,706 $ (4,750 ) $ (79,619 ) Net Change in Open Trade Equity from Futures, Forwards and Options for the Year Ended December 31, 2015 Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of contract Company I LLC Company II LLC Company XV LLC Company XIV LLC Metals $ 225,190 $ 342,136 $ (3,034,728 ) $ 134,618 Currencies (346,776 ) (77,235 ) (166,305 ) 334,553 Energies (487,009 ) (369,441 ) (9,809,446 ) (950,395 ) Agriculturals 28,013 51,330 115,115 (4,647 ) Interest rates (1,490,244 ) (2,060,991 ) 740,922 (437,886 ) Stock indices 878,018 (759,504 ) 122,840 (66,627 ) Change in unrealized trading income/(loss) (1) $ (1,192,808 ) $ (2,873,705 ) $ (12,031,602 ) $ (990,384 ) Frontier Trading Frontier Trading Frontier Trading Frontier Trading Company XXIII Company XXIX Company XXXVIII Type of contract Company XV LLC LLC LLC LLC Metals $ 341,471 $ (66,888 ) $ 30,664 $ 5,425 Currencies 72,012 (39,897 ) 28,909 (466,640 ) Energies (87,414 ) (38,274 ) 332,868 (104,322 ) Agriculturals (193,258 ) — (22,429 ) (195,062 ) Interest rates (1,031,166 ) (705,395 ) (66,993 ) (15,968 ) Stock indices (298,164 ) (70,857 ) (18,428 ) (287,597 ) Change in unrealized trading income/(loss) (1) $ (1,196,519 ) $ (921,311 ) $ 284,591 $ (1,064,164 ) (1) Amounts recorded in the Statements of Operations under Net realized gain/(loss) of furutres, forwards and options. |
Offsetting of Derivative Assets and Liabilities | The following tables present gross and net information about the Series’ assets and liabilities subject to master netting arrangements as disclosed on the statements of financial condition as of December 31, 2017 and 2016. Net Amounts of Assets and As of December 31, 2017 Liabilities Presented in the Gross Amounts Gross Amounts of Statements of of recognized recognized Financial Assets Liabilities Condition Frontier Trading Company I, LLC Open Trade Equity/(Deficit) $ 343,222 $ (164,670 ) $ 178,552 Frontier Trading Company II, LLC Open Trade Equity/(Deficit) $ 2,414,792 $ (1,024,930 ) $ 1,389,862 Frontier Trading Company XXXIV, LLC Swap Contracts $ 11,340,959 $ — $ 11,340,959 Frontier Trading Company XXXV, LLC Swap Contracts $ 6,376,472 $ — $ 6,376,472 Frontier Trading Company XXXVII, LLC Swap Contracts $ 397,039 $ — $ 397,039 Frontier Trading Company XXXIX, LLC Swap Contracts $ 3,094,367 $ — $ 3,094,367 As of December 31, 2016 Net Amounts of Derivative Assets and Liabilities Gross Amounts of Gross Amounts of Presented in the recognized recognized Derivative Statements of Derivative Assets Liabilities Financial Condition Frontier Trading Company I, LLC Open Trade Equity/(Deficit) $ 515,659 $ (277,998 ) $ 237,661 Frontier Trading Company II, LLC Open Trade Equity/(Deficit) $ 2,393,850 $ (1,171,326 ) $ 1,222,524 Frontier Trading Company XV, LLC Open Trade Equity/(Deficit) $ 834,176 $ (191,682 ) $ 642,494 Frontier Trading Company XXXIV, LLC Swap Contracts $ 18,939,450 $ — $ 18,939,450 Frontier Trading Company XXXV, LLC Swap Contracts $ 8,637,847 $ — $ 8,637,847 Frontier Trading Company XXXVII, LLC Swap Contracts $ 4,220,468 $ — $ 4,220,468 Frontier Trading Company XXXIX, LLC Swap Contracts $ 8,391,414 $ — $ 8,391,414 |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | |
Averages of Futures Contracts | As of December 31, 2017, the Master Fund had open futures contracts with the following notional values by sector: Description Quantity Notional Value Description Quantity Notional Value Long: Short: Currency 30 $ 4,051,583 Agriculture 47 $ (1,094,482 ) Energy 22 1,491,239 Currency 89 (7,309,063 ) Index 69 7,547,774 Energy 11 (323,420 ) Interest 82 27,174,068 Interest 164 (32,293,167 ) Metals 12 1,118,193 Metals 3 (219,073 ) |
Schedule of Net Trading Gain Loss | Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Futures contracts: Agriculture $ 8,732 Currency (930,470 ) Energy (74,244 ) Index 1,612,147 Interest (585,404 ) Metals (48,056 ) Total futures contracts (17,295 ) Trading costs (19,993 ) Total net trading gain (loss) (37,288 ) * Includes both realized loss of ($392,885) and unrealized appreciation of $355,597 and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. |
Galaxy Plus Fund - Chesapeake Master Fund (518) LLC [Member] | |
Schedule of Net Trading Gain Loss | Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Futures contracts: Agriculture $ (264,145 ) Currency (573,440 ) Energy (68,526 ) Index 1,754,597 Interest (498,866 ) Metals 264,686 Total futures 614,306 Trading costs (55,484 ) Total net trading gain (loss) 558,822 *Includes both realized gain of $132,970 and unrealized appreciation of $425,852 and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | |
Averages of Futures Contracts | As of December 31, 2017, the Master Fund had open futures contracts with the following notional values by sector: Description Quantity Notional Value Long: Index 4 $ 535,600 |
Schedule of Net Trading Gain Loss | Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Options on futures contracts: Index $ 71,809 Total options on futures contracts 71,809 Futures contracts: Index 286,259 Total futures contracts 286,259 Trading costs (30,079 ) Total net trading gain (loss) 327,989 *Includes both realized gain of $368,608 and unrealized depreciation of $40,619 and is located in net realized and unrealized gain (loss) on investments on the statement of operations. |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | |
Averages of Futures Contracts | As of December 31, 2017, the Master Fund had open futures contracts with the following notional values by sector: Description Quantity Notional Value Description Quantity Notional Value Long: Short: Agriculture 521 $ 14,991,415 Agriculture 470 $ (13,755,204 ) Energy 2,329 145,809,021 Energy 2,148 (132,029,706 ) Interest 392 95,716,600 Interest 392 (95,662,700 ) Metals 98 7,585,120 Metals 46 (4,208,225 ) |
Schedule of Net Trading Gain Loss | Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Options on futures contracts: Agriculture $ (2,053 ) Energy (15,900 ) Metals (945 ) Total options on future contracts (18,898 ) Futures contracts: Agriculture (1,632,404 ) Energy 7,578,447 Interest 10,188 Metals (293,315 ) Total futures contracts 5,662,916 Trading costs (565,099 ) Total net trading gain (loss) 5,078,919 * Includes both realized gain of $1,185,287 and unrealized appreciation of $3,893,631 and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | |
Averages of Futures Contracts | As of December 31, 2017, the Master Fund had open futures contracts with the following notional values by sector: Description Quantity Notional Value Description Quantity Notional Value Long: Short: Currency 37 $ 4,128,244 Currency 105 $ (9,546,523 ) Energy 29 2,073,557 Energy 18 (531,540 ) Index 163 15,327,661 Index 3 (401,400 ) Interest 1,061 228,837,339 Interest 153 (45,536,242 ) Metals 3 247,538 |
Schedule of Net Trading Gain Loss | Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Futures contracts: Currency $ (261,016 ) Energy 365,809 Index 2,972,478 Interest (382,467 ) Metals 39,583 Total futures contracts 2,734,387 Trading costs (92,111 ) Total net trading gain (loss) $ 2,642,276 * Includes both realized gain of $2,406,278 and unrealized appreciation of $235,998 and is located in net realized and unrealized gain (loss) on investments and foreign currency transactions on the statement of operations. Amounts exclude foreign currency transactions and translation. |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | |
Averages of Futures Contracts | As of December 31, 2017, the Master Fund had open futures contracts with the following notional values by sector: Description Quantity Notional Value Description Quantity Notional Value Long: Short: Agriculture 48 $ 5,047,873 Agriculture 22 $ (1,006,418 ) Currency 3 129,980 Currency 2 (222,850 ) Energy 12 693,680 Interest 48 (7,513,624 ) Metals 11 905,460 Metals 1 (56,788 ) |
Schedule of Net Trading Gain Loss | Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Options on futures contracts: Agriculture $ (671,274 ) Total options on futures contracts (671,274 ) Futures contracts: Agriculture (768,246 ) Currency (313,939 ) Energy (73,470 ) Index (106,558 ) Interest (485,059 ) Metals 598,898 Total futures contracts (1,148,374 ) Trading costs (42,123 ) Total net trading gain (loss) (1,861,771 ) * Includes both realized loss of ($1,430,309) and unrealized depreciation of ($431,462) and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | |
Averages of Futures Contracts | As of December 31, 2017, the Master Fund had open futures contracts with the following notional values by sector: Description Quantity Notional Value Description Quantity Notional Value Long: Short: Currency 106 12,888,050 Currency 35 $ (3,899,875 ) Index 125 10,744,412 Energy 43 (1,988,070 ) Interest 464 67,091,192 Index 59 (5,266,328 ) Metals 109 12,437,700 Interest 249 (44,902,103 ) |
Schedule of Net Trading Gain Loss | Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Futures contracts: Currency $ 985,336 Energy (1,627,728 ) Index 10,053,801 Interest (2,986,378 ) Metals 942,753 Total futures contracts 7,367,784 Trading costs (213,866 ) Total net trading gain (loss) 7,153,918 |
Galaxy Plus Fund - Quantmetrics Master Fund (527) LLC [Member] | |
Schedule of Net Trading Gain Loss | Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Futures contracts: Currency $ (52,163 ) Index 1,148,544 Interest (441,876 ) Metals (95,500 ) Total futures 559,005 Trading costs (63,172 ) Total net trading gain (loss) 495,833 * Includes realized gain of $495,833 and is located in net realized gain (loss) on investments the statement of operations. Amounts exclude foreign currency transactions and translation. |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | |
Averages of Futures Contracts | As of December 31, 2017, the Master Fund had open futures contracts with the following notional values by sector: Description Quantity Notional Value Description Quantity Notional Value Long: Short: Agriculture 5 $ 150,603 Agriculture 18 $ (480,483 ) Currency 18 2,163,998 Currency 11 (811,413 ) Energy 9 597,879 Energy 7 (206,710 ) Index 30 2,078,033 Index 1 (41,944 ) Interest 18 9,738,076 Interest 81 (13,121,101 ) Metals 4 378,468 |
Schedule of Net Trading Gain Loss | Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Futures contracts: Agriculture $ (74,980 ) Currency (474,637 ) Energy (335,137 ) Index 882,294 Interest (412,435 ) Metals (67,853 ) Total futures (482,748 ) Trading costs (36,677 ) Total net trading gain (loss) (519,425 ) * Includes both realized loss of ($377,215) and unrealized depreciation of ($142,210) and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | |
Averages of Futures Contracts | As of December 31, 2017, the Master Fund had open futures contracts with the following notional values by sector: Description Quantity Notional Value Description Quantity Notional Value Long: Short: Agriculture 4 $ 91,378 Agriculture 2 $ (95,945 ) Currency 5 686,072 Currency 26 (2,009,458 ) Energy 4 241,680 Interest 203 (43,967,292 ) Index 36 2,781,323 Metals 4 (349,295 ) Metals 2 165,025 |
Schedule of Net Trading Gain Loss | Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Futures contracts: Agriculture $ (4,339 ) Currency (673,839 ) Energy (443,836 ) Index 1,204,095 Interest (833,029 ) Metals (67,760 ) Total futures (818,708 ) Trading costs (37,467 ) Total net trading gain (loss) (856,175 ) * Includes both realized loss of ($770,737) and unrealized depreciation of ($85,438) and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | |
Averages of Futures Contracts | As of December 31, 2017, the Master Fund had open futures contracts with the following notional values by sector: Description Quantity Notional Value Description Quantity Notional Value Long: Short: Agriculture 28 $ 961,248 Agriculture 299 $ (6,561,105 ) Currency 323 18,290,774 Currency 126 (10,244,900 ) Energy 90 5,157,500 Energy 47 (1,411,180 ) Index 1,102 18,000,344 Index 242 (1,906,017 ) Interest 479 99,192,538 Interest 317 (95,126,240 ) Metals 89 5,745,792 Metals 45 (3,715,477 ) |
Schedule of Net Trading Gain Loss | Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Futures contracts: Agriculture $ (476,657 ) Currency 96,860 Energy 345,664 Index 1,404,391 Interest (489,941 ) Metals (26,319 ) Total futures 853,998 Forward currency contracts: 36,095 Trading costs (54,477 ) Total net trading gain (loss) 835,616 * Includes both realized gain of $270,622 and unrealized appreciation of $564,994 and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | |
Averages of Futures Contracts | As of December 31, 2017, the Master Fund had open futures contracts with the following notional values by sector: Description Quantity Notional Value Description Quantity Notional Value Long: Short: Agriculture 329 $ 11,281,880 Agriculture 505 $ (13,753,030 ) Currency 160 17,027,096 Currency 102 (10,468,785 ) Energy 434 27,750,622 Energy 347 (18,749,840 ) Index 461 46,706,817 Index 96 (3,454,200 ) Interest 471 175,633,858 Interest 221 (41,544,126 ) Metals 235 20,502,580 Metals 154 (11,770,098 ) |
Schedule of Net Trading Gain Loss | Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Futures contracts: Agriculture $ (839,243 ) Currency (1,430,997 ) Energy 503,096 Index 5,720,176 Interest (1,661,552 ) Metals (504,210 ) Total futures 1,787,270 Trading costs (410,762 ) Total net trading gain (loss) 1,376,508 * Includes both realized loss of $893,051 and unrealized appreciation of $483,457 and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. |
Classes of Interest and Series
Classes of Interest and Series (Tables) | 12 Months Ended |
Dec. 31, 2017 | |
Galaxy Plus Fund LLC [Member] | |
Schedule of Capital activity by each class of Interest for each Fund | The amount of capital activity by each class of Interest for each Fund for the periods ended December 31, 2017, is as follows: Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - 510 Fund LLC - 510 Fund LLC - 510 Fund LLC - 510 Fund LLC - 516 Series Series Series Series Series Class A Class B Class C Class EF Class C Subscriptions $ — $ 1,153,142 $ 383,333 $ 538,072 $ 83,334 Redemptions — — (149,291 ) (6,280,300 ) (45,053 ) Transfers In — — — — — Transfers out — — — — — Total increase (decrease) $ — $ 1,153,142 $ 234,042 $ (5,742,228 ) $ 38,281 Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - 516 Fund LLC - 517 Fund LLC - 518 Fund LLC - 518 Fund LLC - 522 Series Series Series Series Series Class EF Class EF Class C Class EF Class EF Subscriptions $ 1,697,471 $ 227,676 $ 1,200,000 $ 105,477 $ 650,438 Redemptions (10,271,103 ) (2,743,055 ) (97,475 ) (10,065,517 ) (4,545,229 ) Transfers In — — — — — Transfers out — — — — — Total increase (decrease) $ (8,573,632 ) $ (2,515,379 ) $ 1,102,525 $ (9,960,040 ) $ (3,894,791 ) Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - 526 Fund LLC - 526 Fund LLC - 526 Fund LLC - 526 Fund LLC - 527 Series Series Series Series Series Class A Class B Class C Class EF Class EF Subscriptions $ 2,900,000 $ 1,921,903 $ 1,735,000 $ 956,748 $ 412,515 Redemptions — — (94,017 ) (19,153,777 ) (13,635,089 ) Transfers In — — — — — Transfers out — — — — — Total increase (decrease) $ 2,900,000 $ 1,921,903 $ 1,640,983 $ (18,197,029 ) $ (13,222,574 ) Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - 528 Fund LLC - 531 Fund LLC - 532 Fund LLC - 535 Fund LLC - Series Series Series Series 538W Series Class EF Class EF Class EF Class EF Class EF Subscriptions $ 259,368 $ 8,277,086 $ 572,954 $ 1,500,000 $ 38,764,659 Redemptions (3,188,102 ) (3,650,248 ) (3,116,311 ) (9,567,696 ) (16,357,970 ) Transfers In — — — — — Transfers out — — — — — Total increase (decrease) $ (2,928,734 ) $ 4,626,838 $ (2,543,357 ) $ (8,067,696 ) $ 22,406,689 |
Financial Instruments with of33
Financial Instruments with off-balance sheet risk and concentration of credit risk (Tables) | 12 Months Ended |
Dec. 31, 2017 | |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | |
Schedule of Off Balance Sheet - Netting agreement | The following tables summarize the Master Fund’s netting arrangements: Net Amount of Gross Amounts Offset in the Assets (Liabilities) of Recognized Statement of in the Statement of Description Assets (Liabilities) Financial Condition Financial Condition Futures $ 334,931 $ (265,368 ) $ 69,563 Total $ 334,931 $ (265,368 ) $ 69,563 Net Amount Net amount in Cash Collateral which is not offset the Statement of Received by in the Statement of Financial Condition Counterparty Financial Condition Counterparty A $ 69,563 $ 1,310,145 $ 1,379,708 Total $ 69,563 $ 1,310,145 $ 1,379,708 |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | |
Schedule of Off Balance Sheet - Netting agreement | The following tables summarize the Master Fund’s netting arrangements: Net Amount of Gross Amounts Offset in the Assets (Liabilities) of Recognized Statement of in the Statement of Description Assets (Liabilities) Financial Condition Financial Condition Futures $ 1,163 $ (425 ) $ 738 Options purchased on futures contracts 35,498 — 35,498 Options written on futures contracts (48,050 ) — (48,050 ) Total $ (11,389 ) $ (425 ) $ (11,814 ) Net Amount Net amount in Cash Collateral which is not offset the Statement of Received by in the Statement of Financial Condition Counterparty Financial Condition Counterparty A $ (11,814 ) $ 98,746 $ 86,932 Total $ (11,814 ) $ 98,746 $ 86,932 |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | |
Schedule of Off Balance Sheet - Netting agreement | The following tables summarize the Master Fund’s netting arrangements: Net Amount of Gross Amounts Offset in the Assets (Liabilities) of Recognized Statement of in the Statement of Description Assets (Liabilities) Financial Condition Financial Condition Futures $ 10,412,747 $ (7,779,747 ) $ 2,633,000 Options purchased on futures contracts 627,540 — 627,540 Options written on futures contracts (410,400 ) — (410,400 ) Total $ 10,629,887 $ (7,779,747 ) $ 2,850,140 Net Amount Net amount in Cash Collateral which is not offset the Statement of Received by in the Statement of Financial Condition Counterparty Financial Condition Counterparty A $ 2,850,140 $ 2,408,042 $ 5,258,182 Total $ 2,850,140 $ 2,408,042 $ 5,258,182 |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | |
Schedule of Off Balance Sheet - Netting agreement | The following tables summarize the Master Fund’s netting arrangements: Net Amount of Gross Amounts Offset in the Assets (Liabilities) of Recognized Statement of in the Statement of Description Assets (Liabilities) Financial Condition Financial Condition Futures $ 365,721 $ (308,049 ) $ 57,672 Total $ 365,721 $ (308,049 ) $ 57,672 Net Amount Net amount in Cash Collateral which is not offset the Statement of Received by in the Statement of Financial Condition Counterparty Financial Condition Counterparty A $ 57,672 $ 1,774,970 $ 1,832,642 Total $ 57,672 $ 1,774,970 $ 1,832,642 |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | |
Schedule of Off Balance Sheet - Netting agreement | The following tables summarize the Master Fund’s netting arrangements: Net Amount of Gross Amounts Offset in the Assets (Liabilities) of Recognized Statement of in the Statement of Description Assets (Liabilities) Financial Condition Financial Condition Futures $ 189,537 (27,195 ) $ 162,342 Options written on futures contracts (28,000 ) — (28,000 ) Total $ 161,537 $ (27,195 ) $ 134,342 Net Amount Net amount in Cash Collateral which is not offset the Statement of Received by in the Statement of Financial Condition Counterparty Financial Condition Counterparty A $ 134,342 $ 285,761 $ 420,103 Total $ 134,342 $ 285,761 $ 420,103 |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | |
Schedule of Off Balance Sheet - Netting agreement | The following tables summarize the Master Fund’s netting arrangements: Net Amount of Gross Amounts Offset in the Assets (Liabilities) of Recognized Statement of in the Statement of Description Assets (Liabilities) Financial Condition Financial Condition Futures $ 743,405 $ (201,174 ) $ 542,231 Total $ 743,405 $ (201,174 ) $ 542,231 Net Amount Net amount in Cash Collateral which is not offset the Statement of Received by in the Statement of Financial Condition Counterparty Financial Condition Counterparty A $ 542,231 $ 2,195,034 $ 2,737,265 Total $ 542,231 $ 2,195,034 $ 2,737,265 |
Galaxy Plus Fund - Quantmetrics Master Fund (527) LLC [Member] | |
Schedule of Off Balance Sheet - Netting agreement | The following tables summarize the Master Fund’s netting arrangements: Net Amount of Gross Amounts Offset in the Assets (Liabilities) of Recognized Statement of in the Statement of Description Assets (Liabilities) Financial Condition Financial Condition Futures $ 110,369 $ (42,904 ) $ 67,465 Total $ 110,369 $ (42,904 ) $ 67,465 Net Amount Net amount in Cash Collateral which is not offset the Statement of Received by in the Statement of Financial Condition Counterparty Financial Condition Counterparty A $ 67,465 $ 430,797 $ 498,262 Total $ 67,465 $ 430,797 $ 498,262 |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | |
Schedule of Off Balance Sheet - Netting agreement | The following tables summarize the Master Fund’s netting arrangements: Net Amount of Gross Amounts Offset in the Assets (Liabilities) of Recognized Statement of in the Statement of Description Assets (Liabilities) Financial Condition Financial Condition Futures $ 103,211 $ (54,166 ) $ 49,045 Total $ 103,211 $ (54,166 ) $ 49,045 Net Amount Net amount in Cash Collateral which is not offset the Statement of Received by in the Statement of Financial Condition Counterparty Financial Condition Counterparty A $ 49,045 $ 759,653 $ 808,698 Total $ 49,045 $ 759,653 $ 808,698 |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | |
Schedule of Off Balance Sheet - Netting agreement | The following tables summarize the Master Fund’s netting arrangements: Net Amount of Gross Amounts Offset in the Assets (Liabilities) of Recognized Statement of in the Statement of Description Assets (Liabilities) Financial Condition Financial Condition Futures $ 103,211 $ (54,166 ) $ 49,045 Total $ 103,211 $ (54,166 ) $ 49,045 Net Amount Net amount in Cash Collateral which is not offset the Statement of Received by in the Statement of Financial Condition Counterparty Financial Condition Counterparty A $ 49,045 $ 759,653 $ 808,698 Total $ 49,045 $ 759,653 $ 808,698 |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | |
Schedule of Off Balance Sheet - Netting agreement | The following tables summarize the Master Fund’s netting arrangements: Net Amount of Gross Amounts Offset in the Assets (Liabilities) of Recognized Statement of in the Statement of Description Assets (Liabilities) Financial Condition Financial Condition Futures $ 1,406,000 $ (841,006 ) $ 564,994 Total $ 1,406,000 $ (841,006 ) $ 564,994 Net Amount Net amount in Cash Collateral which is not offset the Statement of Received by in the Statement of Financial Condition Counterparty Financial Condition Counterparty A $ 564,994 $ 4,324,905 $ 4,889,899 Total $ 564,994 $ 4,324,905 $ 4,889,899 |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | |
Schedule of Off Balance Sheet - Netting agreement | The following tables summarize the Master Fund’s netting arrangements: Net Amount of Gross Amounts Offset in the Assets (Liabilities) of Recognized Statement of in the Statement of Description Assets (Liabilities) Financial Condition Financial Condition Futures $ 3,170,954 $ (2,687,497 ) $ 483,457 Total $ 3,170,954 $ (2,687,497 ) $ 483,457 Net Amount Net amount in Cash Collateral which is not offset the Statement of Received by in the Statement of Financial Condition Counterparty Financial Condition Counterparty A $ 483,457 $ 8,160,980 $ 8,644,437 Total $ 483,457 $ 8,160,980 $ 8,644,437 |
Organization and Purpose (Detai
Organization and Purpose (Details Narrative) | 12 Months Ended |
Dec. 31, 2017 | |
Equinox Frontier Fund [Member] | |
Managing owner contributions to the series of the trust | 1.00% |
Equinox Frontier Fund [Member] | Class 1 or Class 1A [Member] | |
Percentage of NAV charged as a service fees | 3.00% |
Amortized monthly annual rate | 3.00% |
Redemption fee | 3.00% |
Equinox Frontier Fund [Member] | Class 1, Class 1AP and Class 1A [Member] | |
Redemption fee | 3.00% |
Equinox Frontier Fund [Member] | Class 2 [Member] | |
Service fee | 0.25% |
Equinox Frontier Fund [Member] | Class 2 and Class 2A [Member] | |
Service fee | 0.50% |
Service fee charged to limited owners | 0.25% |
Series Of Frontier Fund [Member] | |
Managing owner contributions to the series of the trust | 1.00% |
Series Of Frontier Fund [Member] | Maximum [Member] | |
Assets normally invested in one or more trading companies | 70.00% |
Series Of Frontier Fund [Member] | Minimum [Member] | |
Assets normally invested in one or more trading companies | 30.00% |
Series Of Frontier Fund [Member] | Class 1 or Class 1A [Member] | |
Percentage of NAV charged as a service fees | 3.00% |
Amortized monthly annual rate | 3.00% |
Redemption fee | 3.00% |
Series Of Frontier Fund [Member] | Class 1, Class 1AP and Class 1A [Member] | |
Percentage of NAV charged as a service fees | 0.00% |
Series Of Frontier Fund [Member] | Class 2 [Member] | |
Service fee | 0.25% |
Series Of Frontier Fund [Member] | Class 2 and Class 2A [Member] | |
Service fee | 0.50% |
Service fee charged to limited owners | 0.25% |
Significant Accounting Polici35
Significant Accounting Policies (Details Narrative) | 12 Months Ended |
Dec. 31, 2017 | |
Series Of Frontier Fund [Member] | Minimum [Member] | |
Gross income of the Trust constitutes qualifying income | 90.00% |
Equinox Frontier Fund [Member] | |
Interest allocated to each Series is paid to the Managing Owner | 20.00% |
Equinox Frontier Fund [Member] | Minimum [Member] | |
Gross income of the Trust constitutes qualifying income | 90.00% |
Equinox Frontier Diversified Fund [Member] | |
Aggregate interest income from all sources, including assets held at clearing brokers is paid to the Managing Owner | 20.00% |
Equinox Frontier Diversified Fund [Member] | Maximum [Member] | |
Aggregate interest income from all sources, including assets held at clearing brokers is paid to the Managing Owner | 20.00% |
Equinox Frontier Heritage Fund [Member] | Maximum [Member] | |
Aggregate interest income from all sources, including assets held at clearing brokers is paid to the Managing Owner | 2.00% |
Equinox Frontier Masters Fund [Member] | |
Aggregate interest income from all sources, including assets held at clearing brokers is paid to the Managing Owner | 20.00% |
Equinox Frontier Masters Fund [Member] | Maximum [Member] | |
Aggregate interest income from all sources, including assets held at clearing brokers is paid to the Managing Owner | 20.00% |
Equinox Frontier Long/Short Commodity Fund [Member] | |
Aggregate interest income from all sources, including assets held at clearing brokers is paid to the Managing Owner | 20.00% |
Equinox Frontier Long/Short Commodity Fund [Member] | Maximum [Member] | |
Aggregate interest income from all sources, including assets held at clearing brokers is paid to the Managing Owner | 20.00% |
Equinox Frontier Winton Fund [Member] | Maximum [Member] | |
Aggregate interest income from all sources, including assets held at clearing brokers is paid to the Managing Owner | 2.00% |
Equinox Frontier Balanced Fund [Member] | Class 1A and Class 2A [Member] | |
Aggregate interest income from all sources, including assets held at clearing brokers is paid to the Managing Owner | 20.00% |
Equinox Frontier Balanced Fund [Member] | Class 1A, Class 2A and Class 3A [Member] | |
Aggregate interest income from all sources, including assets held at clearing brokers is paid to the Managing Owner | 20.00% |
Equinox Frontier Balanced Fund [Member] | Maximum [Member] | Class 1 and Class 2 [Member] | |
Aggregate interest income from all sources, including assets held at clearing brokers is paid to the Managing Owner | 2.00% |
Equinox Frontier Balanced Fund [Member] | Maximum [Member] | Class 1, Class 1AP and Class 2 [Member] | |
Aggregate interest income from all sources, including assets held at clearing brokers is paid to the Managing Owner | 2.00% |
Equinox Frontier Select Fund [Member] | Maximum [Member] | |
Aggregate interest income from all sources, including assets held at clearing brokers is paid to the Managing Owner | 2.00% |
Fair Value Measurements (Detail
Fair Value Measurements (Details) - USD ($) | Dec. 31, 2017 | Dec. 31, 2016 |
Swap Contracts | $ 21,208,838 | $ 40,189,178 |
U.S. Treasury Securities | 10,887,786 | 42,757,604 |
Equinox Frontier Diversified Fund [Member] | ||
Swap Contracts | 6,376,472 | 8,637,847 |
U.S. Treasury Securities | 767,049 | 6,525,280 |
Equinox Frontier Masters Fund [Member] | ||
Swap Contracts | ||
U.S. Treasury Securities | 1,663,014 | 4,313,843 |
Equinox Frontier Long/Short Commodity Fund [Member] | ||
Swap Contracts | 397,039 | 4,220,468 |
U.S. Treasury Securities | 614,803 | |
Equinox Frontier Balanced Fund [Member] | ||
Swap Contracts | 11,340,959 | 18,939,450 |
U.S. Treasury Securities | 663,808 | 9,770,117 |
Equinox Frontier Select Fund [Member] | ||
Swap Contracts | ||
U.S. Treasury Securities | 464,427 | 2,912,611 |
Equinox Frontier Winton Fund [Member] | ||
Swap Contracts | ||
U.S. Treasury Securities | 5,667,825 | 15,533,863 |
Equinox Frontier Heritage Fund [Member] | ||
Swap Contracts | 3,094,367 | 8,391,414 |
U.S. Treasury Securities | 1,046,861 | 3,701,890 |
Frontier Trading Company XXXIV LLC [Member] | ||
Swap Contracts | 11,340,959 | 18,939,450 |
Frontier Trading Company XXXV LLC [Member] | ||
Swap Contracts | 6,376,472 | 8,637,847 |
Frontier Trading Company XXXVII LLC [Member] | ||
Swap Contracts | 397,039 | 4,220,468 |
Frontier Trading Company XXXVIII ,LLC [Member] | ||
Swap Contracts | ||
Frontier Trading Company XXXIX LLC [Member] | ||
Swap Contracts | 3,094,367 | 8,391,414 |
Fair Value, Measurements, Recurring [Member] | ||
Open Trade Equity (Deficit) | 1,568,414 | 2,146,207 |
Swap Contracts | 21,208,838 | 40,189,178 |
U.S. Treasury Securities | 10,887,786 | 42,757,604 |
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | ||
Open Trade Equity (Deficit) | 1,145,940 | 2,091,623 |
Swap Contracts | ||
U.S. Treasury Securities | 10,887,786 | 42,757,604 |
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | ||
Open Trade Equity (Deficit) | 422,474 | 54,584 |
Swap Contracts | ||
U.S. Treasury Securities | ||
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | ||
Open Trade Equity (Deficit) | ||
Swap Contracts | 21,208,838 | 40,189,178 |
U.S. Treasury Securities | ||
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Diversified Fund [Member] | ||
Investment in Unconsolidated Trading Companies | 2,208,314 | 4,201,628 |
Swap Contracts | 6,376,472 | 8,637,847 |
U.S. Treasury Securities | 767,049 | 6,525,280 |
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Diversified Fund [Member] | Level 1 [Member] | ||
Investment in Unconsolidated Trading Companies | 2,152,721 | 4,188,662 |
Swap Contracts | ||
U.S. Treasury Securities | 767,049 | 6,525,280 |
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Diversified Fund [Member] | Level 2 [Member] | ||
Investment in Unconsolidated Trading Companies | 55,593 | 12,966 |
Swap Contracts | ||
U.S. Treasury Securities | ||
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Diversified Fund [Member] | Level 3 [Member] | ||
Investment in Unconsolidated Trading Companies | ||
Swap Contracts | 6,376,472 | 8,637,847 |
U.S. Treasury Securities | ||
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Masters Fund [Member] | ||
Investment in Unconsolidated Trading Companies | 1,492,193 | 6,678,106 |
U.S. Treasury Securities | 1,663,014 | 4,313,843 |
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Masters Fund [Member] | Level 1 [Member] | ||
Investment in Unconsolidated Trading Companies | 1,460,743 | 6,667,632 |
U.S. Treasury Securities | 1,663,014 | 4,313,843 |
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Masters Fund [Member] | Level 2 [Member] | ||
Investment in Unconsolidated Trading Companies | 31,450 | 10,474 |
U.S. Treasury Securities | ||
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Masters Fund [Member] | Level 3 [Member] | ||
Investment in Unconsolidated Trading Companies | ||
U.S. Treasury Securities | ||
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Long/Short Commodity Fund [Member] | ||
Investment in Unconsolidated Trading Companies | 121,510 | |
Swap Contracts | 397,039 | 4,220,468 |
U.S. Treasury Securities | 614,803 | |
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Long/Short Commodity Fund [Member] | Level 1 [Member] | ||
Investment in Unconsolidated Trading Companies | 121,510 | |
Swap Contracts | ||
U.S. Treasury Securities | 614,803 | |
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Long/Short Commodity Fund [Member] | Level 2 [Member] | ||
Investment in Unconsolidated Trading Companies | ||
Swap Contracts | ||
U.S. Treasury Securities | ||
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Long/Short Commodity Fund [Member] | Level 3 [Member] | ||
Investment in Unconsolidated Trading Companies | ||
Swap Contracts | 397,039 | 4,220,468 |
U.S. Treasury Securities | ||
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Balanced Fund [Member] | ||
Investment in Unconsolidated Trading Companies | 3,154,658 | 5,965,331 |
Open Trade Equity (Deficit) | 178,552 | 237,661 |
Swap Contracts | 11,340,959 | 18,939,450 |
U.S. Treasury Securities | 663,808 | 9,770,117 |
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Balanced Fund [Member] | Level 1 [Member] | ||
Investment in Unconsolidated Trading Companies | 3,072,933 | 5,998,541 |
Open Trade Equity (Deficit) | 144,983 | 288,647 |
Swap Contracts | ||
U.S. Treasury Securities | 663,808 | 9,770,117 |
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Balanced Fund [Member] | Level 2 [Member] | ||
Investment in Unconsolidated Trading Companies | 81,725 | (33,210) |
Open Trade Equity (Deficit) | 33,569 | (50,986) |
Swap Contracts | ||
U.S. Treasury Securities | ||
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Balanced Fund [Member] | Level 3 [Member] | ||
Investment in Unconsolidated Trading Companies | ||
Open Trade Equity (Deficit) | ||
Swap Contracts | 11,340,959 | 18,939,450 |
U.S. Treasury Securities | ||
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Select Fund [Member] | ||
Investment in Unconsolidated Trading Companies | 670,863 | 3,910,866 |
Open Trade Equity (Deficit) | 686,022 | |
U.S. Treasury Securities | 464,427 | 2,912,611 |
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Select Fund [Member] | Level 1 [Member] | ||
Investment in Unconsolidated Trading Companies | 91,790 | 759,978 |
Open Trade Equity (Deficit) | 679,310 | |
U.S. Treasury Securities | 464,427 | 2,912,611 |
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Select Fund [Member] | Level 2 [Member] | ||
Investment in Unconsolidated Trading Companies | 3,609 | |
Open Trade Equity (Deficit) | 6,712 | |
U.S. Treasury Securities | ||
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Select Fund [Member] | Level 3 [Member] | ||
Investment in Unconsolidated Trading Companies | 579,073 | 3,147,279 |
Open Trade Equity (Deficit) | ||
U.S. Treasury Securities | ||
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Winton Fund [Member] | ||
Investment in Unconsolidated Trading Companies | 7,934,536 | 4,072,450 |
Open Trade Equity (Deficit) | 1,222,524 | |
U.S. Treasury Securities | 5,667,825 | 15,533,863 |
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Winton Fund [Member] | Level 1 [Member] | ||
Investment in Unconsolidated Trading Companies | 7,750,343 | 4,020,731 |
Open Trade Equity (Deficit) | 1,123,666 | |
U.S. Treasury Securities | 5,667,825 | 15,533,863 |
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Winton Fund [Member] | Level 2 [Member] | ||
Investment in Unconsolidated Trading Companies | 184,193 | 51,719 |
Open Trade Equity (Deficit) | 98,858 | |
U.S. Treasury Securities | ||
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Winton Fund [Member] | Level 3 [Member] | ||
Investment in Unconsolidated Trading Companies | ||
Open Trade Equity (Deficit) | ||
U.S. Treasury Securities | ||
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Heritage Fund [Member] | ||
Investment in Unconsolidated Trading Companies | 1,536,631 | 2,744,640 |
Swap Contracts | 3,094,367 | 8,391,414 |
U.S. Treasury Securities | 1,046,861 | 3,701,890 |
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Heritage Fund [Member] | Level 1 [Member] | ||
Investment in Unconsolidated Trading Companies | 1,500,688 | 2,735,614 |
Swap Contracts | ||
U.S. Treasury Securities | 1,046,861 | 3,701,890 |
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Heritage Fund [Member] | Level 2 [Member] | ||
Investment in Unconsolidated Trading Companies | 35,943 | 9,026 |
Swap Contracts | ||
U.S. Treasury Securities | ||
Fair Value, Measurements, Recurring [Member] | Equinox Frontier Heritage Fund [Member] | Level 3 [Member] | ||
Investment in Unconsolidated Trading Companies | ||
Swap Contracts | 3,094,367 | 8,391,414 |
U.S. Treasury Securities | ||
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company I, LLC [Member] | ||
Open Trade Equity (Deficit) | 178,552 | 237,661 |
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company I, LLC [Member] | Level 1 [Member] | ||
Open Trade Equity (Deficit) | 144,983 | 288,647 |
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company I, LLC [Member] | Level 2 [Member] | ||
Open Trade Equity (Deficit) | 33,569 | (50,986) |
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company I, LLC [Member] | Level 3 [Member] | ||
Open Trade Equity (Deficit) | ||
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company II LLC [Member] | ||
Open Trade Equity (Deficit) | 1,389,862 | 1,222,524 |
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company II LLC [Member] | Level 1 [Member] | ||
Open Trade Equity (Deficit) | 1,000,957 | 1,123,666 |
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company II LLC [Member] | Level 2 [Member] | ||
Open Trade Equity (Deficit) | 388,905 | 98,858 |
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company II LLC [Member] | Level 3 [Member] | ||
Open Trade Equity (Deficit) | ||
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company XXXIV LLC [Member] | ||
Swap Contracts | 11,340,959 | 18,939,450 |
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company XXXIV LLC [Member] | Level 1 [Member] | ||
Swap Contracts | ||
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company XXXIV LLC [Member] | Level 2 [Member] | ||
Swap Contracts | ||
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company XXXIV LLC [Member] | Level 3 [Member] | ||
Swap Contracts | 11,340,959 | 18,939,450 |
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company XXXV LLC [Member] | ||
Swap Contracts | 6,376,472 | 8,637,847 |
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company XXXV LLC [Member] | Level 1 [Member] | ||
Swap Contracts | ||
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company XXXV LLC [Member] | Level 2 [Member] | ||
Swap Contracts | ||
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company XXXV LLC [Member] | Level 3 [Member] | ||
Swap Contracts | 6,376,472 | 8,637,847 |
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company XXXVII LLC [Member] | ||
Swap Contracts | 397,039 | 4,220,468 |
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company XXXVII LLC [Member] | Level 1 [Member] | ||
Swap Contracts | ||
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company XXXVII LLC [Member] | Level 2 [Member] | ||
Swap Contracts | ||
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company XXXVII LLC [Member] | Level 3 [Member] | ||
Swap Contracts | 397,039 | 4,220,468 |
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | ||
Swap Contracts | 3,094,367 | |
Private Investment Companies | 11,183,404 | |
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | Level 1 [Member] | ||
Swap Contracts | ||
Private Investment Companies | ||
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | Level 2 [Member] | ||
Swap Contracts | ||
Private Investment Companies | 11,183,404 | |
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | Level 3 [Member] | ||
Swap Contracts | 3,094,367 | |
Private Investment Companies | ||
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company XXXIX LLC [Member] | ||
Swap Contracts | 8,391,414 | |
Private Investment Companies | 2,151,869 | |
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company XXXIX LLC [Member] | Level 1 [Member] | ||
Swap Contracts | ||
Private Investment Companies | ||
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company XXXIX LLC [Member] | Level 2 [Member] | ||
Swap Contracts | ||
Private Investment Companies | 2,151,869 | |
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company XXXIX LLC [Member] | Level 3 [Member] | ||
Swap Contracts | 8,391,414 | |
Private Investment Companies | ||
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company XV, LLC [Member] | ||
Open Trade Equity (Deficit) | 642,494 | |
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company XV, LLC [Member] | Level 1 [Member] | ||
Open Trade Equity (Deficit) | 635,782 | |
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company XV, LLC [Member] | Level 2 [Member] | ||
Open Trade Equity (Deficit) | 6,712 | |
Fair Value, Measurements, Recurring [Member] | Frontier Trading Company XV, LLC [Member] | Level 3 [Member] | ||
Open Trade Equity (Deficit) |
Fair Value Measurements (Deta37
Fair Value Measurements (Details 2) - USD ($) | 12 Months Ended | ||
Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | |
Advance on unrealized Swap Appreciation | $ 9,441,555 | ||
Swap [Member] | Level 3 [Member] | |||
Balance of recurring Level 3 assets | 40,189,178 | 40,136,065 | |
Included in earnings-unrealized | (402,290) | 53,113 | |
Proceeds from collateral reduction | (18,578,050) | ||
Balance of recurring Level 3 assets | 21,208,838 | 40,189,178 | 40,136,065 |
Equinox Frontier Diversified Fund [Member] | |||
Change in fair value of investments in unconsolidated trading companies | (160,009) | (3,056,293) | (841,908) |
Advance on unrealized Swap Appreciation | 2,500,000 | ||
Equinox Frontier Diversified Fund [Member] | Swap [Member] | Level 3 [Member] | |||
Balance of recurring Level 3 assets | 8,637,847 | 8,685,849 | |
Included in earnings-unrealized | (47,375) | (48,002) | |
Proceeds from collateral reduction | (2,214,000) | ||
Balance of recurring Level 3 assets | 6,376,472 | 8,637,847 | 8,685,849 |
Equinox Frontier Long/Short Commodity Fund [Member] | |||
Change in fair value of investments in unconsolidated trading companies | (83,337) | 100,301 | (66,041) |
Advance on unrealized Swap Appreciation | 115,000 | ||
Equinox Frontier Long/Short Commodity Fund [Member] | Swap [Member] | Level 3 [Member] | |||
Balance of recurring Level 3 assets | 4,220,468 | 4,332,428 | |
Included in earnings-unrealized | 26,621 | (111,960) | |
Proceeds from collateral reduction | (3,850,050) | ||
Balance of recurring Level 3 assets | 397,039 | 4,220,468 | 4,332,428 |
Equinox Frontier Balanced Fund [Member] | |||
Change in fair value of investments in unconsolidated trading companies | (601,398) | (3,934,786) | (6,607,271) |
Advance on unrealized Swap Appreciation | 4,926,555 | ||
Equinox Frontier Balanced Fund [Member] | Swap [Member] | Level 3 [Member] | |||
Balance of recurring Level 3 assets | 18,939,450 | 19,157,520 | |
Included in earnings-unrealized | (84,491) | (218,070) | |
Proceeds from collateral reduction | (7,514,000) | ||
Balance of recurring Level 3 assets | 11,340,959 | 18,939,450 | 19,157,520 |
Equinox Frontier Heritage Fund [Member] | |||
Change in fair value of investments in unconsolidated trading companies | (333,988) | (91,166) | (220,267) |
Advance on unrealized Swap Appreciation | 1,900,000 | ||
Equinox Frontier Heritage Fund [Member] | Swap [Member] | Level 3 [Member] | |||
Balance of recurring Level 3 assets | 8,391,414 | 7,960,268 | |
Included in earnings-unrealized | (297,047) | 431,146 | |
Proceeds from collateral reduction | (5,000,000) | ||
Balance of recurring Level 3 assets | 3,094,367 | 8,391,414 | 7,960,268 |
Equinox Frontier Select Fund [Member] | |||
Change in fair value of investments in unconsolidated trading companies | 294,076 | (368,596) | (161,067) |
Advance on unrealized Swap Appreciation | |||
Equinox Frontier Select Fund [Member] | Level 3 [Member] | Unconsolidated Trading Company [Member] | |||
Balance of recurring Level 3 assets | 3,147,279 | 3,933,919 | |
Change in fair value of investments in unconsolidated trading companies | 368,596 | ||
Proceeds from sales of investments of unconsolidated trading companies | (144,019) | ||
Change in ownership allocation | (2,424,187) | ||
Transfers in and/or out of Level 3 | (1,155,236) | ||
Balance of recurring Level 3 assets | 579,073 | 3,147,279 | 3,933,919 |
Frontier Trading Company XXXIV LLC [Member] | Swap [Member] | Level 3 [Member] | |||
Balance of recurring Level 3 assets | 18,939,449 | 19,157,522 | |
Included in earnings-unrealized | (84,491) | (218,073) | |
Purchases, sales, issuances, and settlements, net | (7,513,999) | ||
Balance of recurring Level 3 assets | 11,340,959 | 18,939,449 | 19,157,522 |
Frontier Trading Company XXXIX LLC [Member] | Swap [Member] | Level 3 [Member] | |||
Balance of recurring Level 3 assets | 8,391,414 | 7,960,269 | |
Included in earnings-unrealized | (297,047) | 431,145 | |
Purchases, sales, issuances, and settlements, net | (5,000,000) | ||
Balance of recurring Level 3 assets | 3,094,367 | 8,391,414 | 7,960,269 |
Frontier Trading Company XXXV LLC [Member] | Swap [Member] | Level 3 [Member] | |||
Balance of recurring Level 3 assets | 8,637,847 | 8,685,850 | |
Included in earnings-unrealized | (47,375) | (48,003) | |
Purchases, sales, issuances, and settlements, net | (2,214,000) | ||
Balance of recurring Level 3 assets | 6,376,472 | 8,637,847 | 8,685,850 |
Frontier Trading Company XXXVII LLC [Member] | Swap [Member] | Level 3 [Member] | |||
Balance of recurring Level 3 assets | 4,220,468 | 4,332,427 | |
Included in earnings-unrealized | 26,621 | (111,959) | |
Purchases, sales, issuances, and settlements, net | (3,850,050) | ||
Balance of recurring Level 3 assets | $ 397,039 | $ 4,220,468 | $ 4,332,427 |
Fair Value Measurements (Deta38
Fair Value Measurements (Details 3) - Swap [Member] - USD ($) | 12 Months Ended | |||
Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Balance of recurring Level 3 assets Included in earnings-unrealized | $ (402,290) | $ 53,113 | ||
Equinox Frontier Diversified Fund [Member] | ||||
Balance of recurring Level 3 assets Included in earnings-unrealized | (47,375) | (48,002) | $ 2,115,441 | |
Equinox Frontier Long/Short Commodity Fund [Member] | ||||
Balance of recurring Level 3 assets Included in earnings-unrealized | 26,621 | (111,960) | (300,633) | |
Equinox Frontier Balanced Fund [Member] | ||||
Balance of recurring Level 3 assets Included in earnings-unrealized | (84,491) | (218,070) | (910,566) | |
Equinox Frontier Heritage Fund [Member] | ||||
Balance of recurring Level 3 assets Included in earnings-unrealized | (84,491) | 431,146 | 419,803 | |
Frontier Trading Company XXXV LLC [Member] | ||||
Balance of recurring Level 3 assets Included in earnings-unrealized | (47,375) | (48,002) | 2,115,441 | $ 3,132,776 |
Frontier Trading Company XXXVII LLC [Member] | ||||
Balance of recurring Level 3 assets Included in earnings-unrealized | 26,621 | (111,960) | (300,633) | 1,176,514 |
Frontier Trading Company XXXIV LLC [Member] | ||||
Balance of recurring Level 3 assets Included in earnings-unrealized | (84,491) | (218,070) | (910,566) | 8,120,996 |
Frontier Trading Company XXXIX LLC [Member] | ||||
Balance of recurring Level 3 assets Included in earnings-unrealized | $ (297,047) | $ 431,146 | $ 419,803 | $ 2,105,281 |
Fair Value Measurements (Deta39
Fair Value Measurements (Details 4) | Dec. 31, 2017USD ($) |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | |
Investment Assets, At Fair value | $ 334,931 |
Investment Liabilities, At Fair Value | (265,368) |
Investment, at Fair value | 69,563 |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 334,931 |
Investment Liabilities, At Fair Value | (265,368) |
Investment, at Fair value | 69,563 |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Agriculturals [Member] | |
Investment Assets, At Fair value | 18,558 |
Investment Liabilities, At Fair Value | (8,635) |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Agriculturals [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 18,558 |
Investment Liabilities, At Fair Value | (8,635) |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Currency [Member] | |
Investment Assets, At Fair value | 69,854 |
Investment Liabilities, At Fair Value | (107,453) |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Currency [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 69,854 |
Investment Liabilities, At Fair Value | (107,453) |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Energy [Member] | |
Investment Assets, At Fair value | 75,976 |
Investment Liabilities, At Fair Value | (17,250) |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Energy [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 75,976 |
Investment Liabilities, At Fair Value | (17,250) |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Index [Member] | |
Investment Assets, At Fair value | 75,733 |
Investment Liabilities, At Fair Value | (19,472) |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Index [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 75,733 |
Investment Liabilities, At Fair Value | (19,472) |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Interest [Member] | |
Investment Assets, At Fair value | 44,154 |
Investment Liabilities, At Fair Value | (90,404) |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Interest [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 44,154 |
Investment Liabilities, At Fair Value | (90,404) |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Metals [Member] | |
Investment Assets, At Fair value | 50,656 |
Investment Liabilities, At Fair Value | (22,154) |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Metals [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 50,656 |
Investment Liabilities, At Fair Value | (22,154) |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | |
Investment Assets, At Fair value | 36,661 |
Investment Liabilities, At Fair Value | (48,475) |
Investment, at Fair value | (11,814) |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 36,661 |
Investment Liabilities, At Fair Value | (48,475) |
Investment, at Fair value | (11,814) |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Futures Contracts [Member] | Index [Member] | |
Investment Assets, At Fair value | 1,163 |
Investment Liabilities, At Fair Value | (425) |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Futures Contracts [Member] | Index [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 1,163 |
Investment Liabilities, At Fair Value | (425) |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Options on futures contracts [Member] | Index [Member] | |
Investment Assets, At Fair value | 35,498 |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Options on futures contracts [Member] | Index [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 35,498 |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Options Written [Member] | Index [Member] | |
Investment Liabilities, At Fair Value | (48,050) |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Options Written [Member] | Index [Member] | Level 1 [Member] | |
Investment Liabilities, At Fair Value | (48,050) |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | |
Investment Assets, At Fair value | 11,040,287 |
Investment Liabilities, At Fair Value | (8,190,147) |
Investment, at Fair value | 2,850,140 |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 11,040,287 |
Investment Liabilities, At Fair Value | (8,190,147) |
Investment, at Fair value | 2,850,140 |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Agriculturals [Member] | |
Investment Assets, At Fair value | 494,800 |
Investment Liabilities, At Fair Value | (143,859) |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Agriculturals [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 494,800 |
Investment Liabilities, At Fair Value | (143,859) |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Energy [Member] | |
Investment Assets, At Fair value | 9,670,598 |
Investment Liabilities, At Fair Value | (7,226,483) |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Energy [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 9,670,598 |
Investment Liabilities, At Fair Value | (7,226,483) |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Interest [Member] | |
Investment Assets, At Fair value | 38,267 |
Investment Liabilities, At Fair Value | (66,030) |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Interest [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 38,267 |
Investment Liabilities, At Fair Value | (66,030) |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Metals [Member] | |
Investment Assets, At Fair value | 209,082 |
Investment Liabilities, At Fair Value | (343,375) |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Metals [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 209,082 |
Investment Liabilities, At Fair Value | (343,375) |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Options on futures contracts [Member] | Energy [Member] | |
Investment Assets, At Fair value | 627,540 |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Options on futures contracts [Member] | Energy [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 627,540 |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Options Written [Member] | Energy [Member] | |
Investment Liabilities, At Fair Value | (410,400) |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Options Written [Member] | Energy [Member] | Level 1 [Member] | |
Investment Liabilities, At Fair Value | (410,400) |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | |
Investment Assets, At Fair value | 365,721 |
Investment Liabilities, At Fair Value | (308,049) |
Investment, at Fair value | 57,672 |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 365,721 |
Investment Liabilities, At Fair Value | (308,049) |
Investment, at Fair value | 57,672 |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Currency [Member] | |
Investment Assets, At Fair value | 70,979 |
Investment Liabilities, At Fair Value | (70,327) |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Currency [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 70,979 |
Investment Liabilities, At Fair Value | (70,327) |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Energy [Member] | |
Investment Assets, At Fair value | 82,241 |
Investment Liabilities, At Fair Value | (52,190) |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Energy [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 82,241 |
Investment Liabilities, At Fair Value | (52,190) |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Index [Member] | |
Investment Assets, At Fair value | 123,199 |
Investment Liabilities, At Fair Value | (56,257) |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Index [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 123,199 |
Investment Liabilities, At Fair Value | (56,257) |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Interest [Member] | |
Investment Assets, At Fair value | 74,389 |
Investment Liabilities, At Fair Value | (129,275) |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Interest [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 74,389 |
Investment Liabilities, At Fair Value | (129,275) |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Metals [Member] | |
Investment Assets, At Fair value | 14,913 |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Metals [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 14,913 |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | |
Investment Assets, At Fair value | 189,537 |
Investment Liabilities, At Fair Value | (55,195) |
Investment, at Fair value | 134,342 |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 189,537 |
Investment Liabilities, At Fair Value | (55,195) |
Investment, at Fair value | 134,342 |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Agriculturals [Member] | |
Investment Assets, At Fair value | 63,304 |
Investment Liabilities, At Fair Value | (12,426) |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Agriculturals [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 63,304 |
Investment Liabilities, At Fair Value | (12,426) |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Currency [Member] | |
Investment Assets, At Fair value | 2,084 |
Investment Liabilities, At Fair Value | (1,400) |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Currency [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 2,084 |
Investment Liabilities, At Fair Value | (1,400) |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Energy [Member] | |
Investment Assets, At Fair value | 38,281 |
Investment Liabilities, At Fair Value | (3,550) |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Energy [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 38,281 |
Investment Liabilities, At Fair Value | (3,550) |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Interest [Member] | |
Investment Assets, At Fair value | 35,438 |
Investment Liabilities, At Fair Value | (9,813) |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Interest [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 35,438 |
Investment Liabilities, At Fair Value | (9,813) |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Metals [Member] | |
Investment Assets, At Fair value | 50,430 |
Investment Liabilities, At Fair Value | (6) |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Metals [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 50,430 |
Investment Liabilities, At Fair Value | (6) |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Options Written [Member] | Agriculturals [Member] | |
Investment Liabilities, At Fair Value | (28,000) |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Options Written [Member] | Agriculturals [Member] | Level 1 [Member] | |
Investment Liabilities, At Fair Value | (28,000) |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | |
Investment Assets, At Fair value | 743,405 |
Investment Liabilities, At Fair Value | (201,174) |
Investment, at Fair value | 542,231 |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 743,405 |
Investment Liabilities, At Fair Value | (201,174) |
Investment, at Fair value | 542,231 |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Currency [Member] | |
Investment Assets, At Fair value | 125,917 |
Investment Liabilities, At Fair Value | (17,741) |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Currency [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 125,917 |
Investment Liabilities, At Fair Value | (17,741) |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Energy [Member] | |
Investment Liabilities, At Fair Value | (60,201) |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Energy [Member] | Level 1 [Member] | |
Investment Liabilities, At Fair Value | (60,201) |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Index [Member] | |
Investment Assets, At Fair value | 68,400 |
Investment Liabilities, At Fair Value | (33,660) |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Index [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 68,400 |
Investment Liabilities, At Fair Value | (33,660) |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Interest [Member] | |
Investment Assets, At Fair value | 134,907 |
Investment Liabilities, At Fair Value | (89,572) |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Interest [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 134,907 |
Investment Liabilities, At Fair Value | (89,572) |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Metals [Member] | |
Investment Assets, At Fair value | 414,181 |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Metals [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 414,181 |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | |
Investment Assets, At Fair value | 110,369 |
Investment Liabilities, At Fair Value | (42,904) |
Investment, at Fair value | 67,465 |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 110,369 |
Investment Liabilities, At Fair Value | (42,904) |
Investment, at Fair value | 67,465 |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Agriculturals [Member] | |
Investment Assets, At Fair value | 6,466 |
Investment Liabilities, At Fair Value | (1,073) |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Agriculturals [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 6,466 |
Investment Liabilities, At Fair Value | (1,073) |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Currency [Member] | |
Investment Assets, At Fair value | 25,466 |
Investment Liabilities, At Fair Value | (5,363) |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Currency [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 25,466 |
Investment Liabilities, At Fair Value | (5,363) |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Energy [Member] | |
Investment Assets, At Fair value | 27,089 |
Investment Liabilities, At Fair Value | (22,400) |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Energy [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 27,089 |
Investment Liabilities, At Fair Value | (22,400) |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Index [Member] | |
Investment Assets, At Fair value | 17,763 |
Investment Liabilities, At Fair Value | (5,539) |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Index [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 17,763 |
Investment Liabilities, At Fair Value | (5,539) |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Interest [Member] | |
Investment Assets, At Fair value | 18,400 |
Investment Liabilities, At Fair Value | (8,529) |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Interest [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 18,400 |
Investment Liabilities, At Fair Value | (8,529) |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Metals [Member] | |
Investment Assets, At Fair value | 15,185 |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Metals [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 15,185 |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | |
Investment Assets, At Fair value | 103,211 |
Investment Liabilities, At Fair Value | (54,166) |
Investment, at Fair value | 49,045 |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 103,211 |
Investment Liabilities, At Fair Value | (54,166) |
Investment, at Fair value | 49,045 |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Agriculturals [Member] | |
Investment Assets, At Fair value | 1,865 |
Investment Liabilities, At Fair Value | (1,150) |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Agriculturals [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 1,865 |
Investment Liabilities, At Fair Value | (1,150) |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Currency [Member] | |
Investment Assets, At Fair value | 12,765 |
Investment Liabilities, At Fair Value | (12,654) |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Currency [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 12,765 |
Investment Liabilities, At Fair Value | (12,654) |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Energy [Member] | |
Investment Assets, At Fair value | 11,880 |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Energy [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 11,880 |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Index [Member] | |
Investment Assets, At Fair value | 21,773 |
Investment Liabilities, At Fair Value | (14,328) |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Index [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 21,773 |
Investment Liabilities, At Fair Value | (14,328) |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Interest [Member] | |
Investment Assets, At Fair value | 46,478 |
Investment Liabilities, At Fair Value | (15,409) |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Interest [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 46,478 |
Investment Liabilities, At Fair Value | (15,409) |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Metals [Member] | |
Investment Assets, At Fair value | 8,450 |
Investment Liabilities, At Fair Value | (10,625) |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Metals [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 8,450 |
Investment Liabilities, At Fair Value | (10,625) |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | |
Investment Assets, At Fair value | 1,406,000 |
Investment Liabilities, At Fair Value | (841,006) |
Investment, at Fair value | 564,994 |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 1,406,000 |
Investment Liabilities, At Fair Value | (841,006) |
Investment, at Fair value | 564,994 |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Agriculturals [Member] | |
Investment Assets, At Fair value | 157,970 |
Investment Liabilities, At Fair Value | (68,778) |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Agriculturals [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 157,970 |
Investment Liabilities, At Fair Value | (68,778) |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Currency [Member] | |
Investment Assets, At Fair value | 292,918 |
Investment Liabilities, At Fair Value | (106,688) |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Currency [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 292,918 |
Investment Liabilities, At Fair Value | (106,688) |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Energy [Member] | |
Investment Assets, At Fair value | 420,953 |
Investment Liabilities, At Fair Value | (64,825) |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Energy [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 420,953 |
Investment Liabilities, At Fair Value | (64,825) |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Index [Member] | |
Investment Assets, At Fair value | 170,615 |
Investment Liabilities, At Fair Value | (94,916) |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Index [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 170,615 |
Investment Liabilities, At Fair Value | (94,916) |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Interest [Member] | |
Investment Assets, At Fair value | 159,437 |
Investment Liabilities, At Fair Value | (313,287) |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Interest [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 159,437 |
Investment Liabilities, At Fair Value | (313,287) |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Metals [Member] | |
Investment Assets, At Fair value | 204,107 |
Investment Liabilities, At Fair Value | (192,512) |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Metals [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 204,107 |
Investment Liabilities, At Fair Value | (192,512) |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | |
Investment Assets, At Fair value | 3,170,954 |
Investment Liabilities, At Fair Value | (2,687,497) |
Investment, at Fair value | 483,457 |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 3,170,954 |
Investment Liabilities, At Fair Value | (2,687,497) |
Investment, at Fair value | 483,457 |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Agriculturals [Member] | |
Investment Assets, At Fair value | 413,757 |
Investment Liabilities, At Fair Value | (326,750) |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Agriculturals [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 413,757 |
Investment Liabilities, At Fair Value | (326,750) |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Currency [Member] | |
Investment Assets, At Fair value | 270,705 |
Investment Liabilities, At Fair Value | (46,774) |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Currency [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 270,705 |
Investment Liabilities, At Fair Value | (46,774) |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Energy [Member] | |
Investment Assets, At Fair value | 1,325,680 |
Investment Liabilities, At Fair Value | (770,482) |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Energy [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 1,325,680 |
Investment Liabilities, At Fair Value | (770,482) |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Index [Member] | |
Investment Assets, At Fair value | 320,086 |
Investment Liabilities, At Fair Value | (196,836) |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Index [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 320,086 |
Investment Liabilities, At Fair Value | (196,836) |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Interest [Member] | |
Investment Assets, At Fair value | 61,129 |
Investment Liabilities, At Fair Value | (436,837) |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Interest [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 61,129 |
Investment Liabilities, At Fair Value | (436,837) |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Metals [Member] | |
Investment Assets, At Fair value | 779,597 |
Investment Liabilities, At Fair Value | (909,818) |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Metals [Member] | Level 1 [Member] | |
Investment Assets, At Fair value | 779,597 |
Investment Liabilities, At Fair Value | $ (909,818) |
Swap Contract (Details)
Swap Contract (Details) - USD ($) | 12 Months Ended | ||
Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | |
Advance on swap appreciation | $ 9,441,555 | ||
Swap [Member] | |||
Change in Unrealized Gain/(Loss) | (402,290) | 53,113 | 3,145,177 |
DeutscheBank AG [Member] | Swap [Member] | Frontier Brevan Howard [Member] | |||
Notional Amount | $ 2,072,056 | $ 11,413,283 | |
Termination Date | Mar. 26, 2018 | Mar. 26, 2018 | |
Cash Collateral | $ 982,500 | $ 5,986,000 | |
Swap Value | $ 2,111,867 | $ 2,405,414 | |
Investee Returns | Total Returns | Total Returns | |
Realized Gain/(Loss) | $ 0 | $ 0 | |
Change in Unrealized Gain/(Loss) | (297,047) | 431,146 | |
Fair Value | 3,094,367 | 8,391,414 | |
Advance on swap appreciation | (1,900,000) | (1,900,000) | |
DeutscheBank AG [Member] | Swap [Member] | Frontier XXXIV Balanced Select Swap [Member] | |||
Notional Amount | $ 13,373,629 | $ 22,580,043 | |
Termination Date | Aug. 2, 2018 | Aug. 2, 2018 | |
Cash Collateral | $ 2,086,000 | $ 9,600,000 | |
Swap Value | $ 9,254,959 | $ 9,339,450 | |
Investee Returns | Total Returns | Total Returns | |
Realized Gain/(Loss) | $ 0 | $ 0 | |
Change in Unrealized Gain/(Loss) | (84,491) | (218,070) | |
Fair Value | 11,340,959 | 18,939,450 | |
Advance on swap appreciation | (4,926,555) | (4,926,555) | |
DeutscheBank AG [Member] | Swap [Member] | Frontier XXXV Diversified Select Swap [Member] | |||
Notional Amount | $ 4,651,155 | $ 13,851,707 | |
Termination Date | Aug. 2, 2018 | Aug. 2, 2018 | |
Cash Collateral | $ 1,186,000 | $ 3,400,000 | |
Swap Value | $ 5,190,472 | $ 5,237,847 | |
Investee Returns | Total Returns | Total Returns | |
Realized Gain/(Loss) | $ 0 | $ 0 | |
Change in Unrealized Gain/(Loss) | (47,375) | (48,002) | |
Fair Value | 6,376,472 | 8,637,847 | |
Advance on swap appreciation | (2,500,000) | (2,500,000) | |
DeutscheBank AG [Member] | Swap [Member] | Frontier XXXVII Long/Short Select Swap [Member] | |||
Notional Amount | $ 653,610 | $ 1,877,692 | |
Termination Date | Aug. 7, 2018 | Aug. 7, 2018 | |
Cash Collateral | $ 29,950 | $ 3,880,000 | |
Swap Value | $ 367,089 | $ 340,468 | |
Investee Returns | Total Returns | Total Returns | |
Realized Gain/(Loss) | $ 0 | $ 0 | |
Change in Unrealized Gain/(Loss) | 26,621 | (111,960) | |
Fair Value | 397,039 | 4,220,468 | |
Advance on swap appreciation | (115,000) | (115,000) | |
Equinox Frontier Balanced Fund [Member] | |||
Advance on swap appreciation | 4,926,555 | ||
Equinox Frontier Balanced Fund [Member] | Swap [Member] | |||
Change in Unrealized Gain/(Loss) | (84,491) | (218,070) | 910,566 |
Equinox Frontier Balanced Fund [Member] | DeutscheBank AG [Member] | Swap [Member] | |||
Notional Amount | $ 13,373,629 | $ 22,580,043 | |
Termination Date | Aug. 2, 2018 | Aug. 2, 2018 | |
Cash Collateral | $ 2,086,000 | $ 9,600,000 | |
Swap Value | $ 9,254,959 | $ 9,339,450 | |
Investee Returns | Total Returns | Total Returns | |
Realized Gain/(Loss) | $ 0 | $ 0 | |
Change in Unrealized Gain/(Loss) | (84,491) | (218,070) | |
Fair Value | 11,340,959 | 18,939,450 | |
Advance on swap appreciation | (4,926,555) | (4,926,555) | |
Equinox Frontier Diversified Fund [Member] | |||
Advance on swap appreciation | 2,500,000 | ||
Equinox Frontier Diversified Fund [Member] | Swap [Member] | |||
Change in Unrealized Gain/(Loss) | (47,375) | (48,002) | 2,115,441 |
Equinox Frontier Diversified Fund [Member] | DeutscheBank AG [Member] | Swap [Member] | |||
Notional Amount | $ 4,651,155 | $ 13,851,707 | |
Termination Date | Aug. 2, 2018 | Aug. 2, 2018 | |
Cash Collateral | $ 1,186,000 | $ 3,400,000 | |
Swap Value | $ 5,190,472 | $ 5,237,847 | |
Investee Returns | Total Returns | Total Returns | |
Realized Gain/(Loss) | $ 0 | $ 0 | |
Change in Unrealized Gain/(Loss) | (47,375) | (48,002) | |
Fair Value | 6,376,472 | 8,637,847 | |
Advance on swap appreciation | (2,500,000) | (2,500,000) | |
Equinox Frontier Long/Short Commodity Fund [Member] | |||
Advance on swap appreciation | 115,000 | ||
Equinox Frontier Long/Short Commodity Fund [Member] | Swap [Member] | |||
Change in Unrealized Gain/(Loss) | 26,621 | (111,960) | (300,633) |
Equinox Frontier Long/Short Commodity Fund [Member] | DeutscheBank AG [Member] | Swap [Member] | |||
Notional Amount | $ 653,610 | $ 1,877,692 | |
Termination Date | Aug. 7, 2018 | Aug. 7, 2018 | |
Cash Collateral | $ 29,950 | $ 3,880,000 | |
Swap Value | $ 367,089 | $ 340,468 | |
Investee Returns | Total Returns | Total Returns | |
Realized Gain/(Loss) | $ 0 | $ 0 | |
Change in Unrealized Gain/(Loss) | 26,621 | (111,960) | |
Fair Value | 397,039 | 4,220,468 | |
Advance on swap appreciation | (115,000) | (115,000) | |
Equinox Frontier Heritage Fund [Member] | |||
Advance on swap appreciation | 1,900,000 | ||
Equinox Frontier Heritage Fund [Member] | Swap [Member] | |||
Change in Unrealized Gain/(Loss) | (297,047) | 431,146 | $ 419,803 |
Equinox Frontier Heritage Fund [Member] | DeutscheBank AG [Member] | Swap [Member] | |||
Notional Amount | $ 2,072,056 | $ 11,413,283 | |
Termination Date | Mar. 26, 2018 | Mar. 26, 2018 | |
Cash Collateral | $ 982,500 | $ 5,986,000 | |
Swap Value | $ 2,111,867 | $ 2,405,414 | |
Investee Returns | Total Returns | Total Returns | |
Realized Gain/(Loss) | $ 0 | $ 0 | |
Change in Unrealized Gain/(Loss) | (297,047) | 431,146 | |
Fair Value | 3,094,367 | 8,391,414 | |
Advance on swap appreciation | $ (1,900,000) | $ (1,900,000) |
Investments in Unconsolidated41
Investments in Unconsolidated Trading Companies and Private Investment Companies (Details) - USD ($) | Dec. 31, 2017 | Dec. 31, 2016 |
Equinox Frontier Diversified Fund [Member] | ||
Investments in unconsolidated trading companies, at fair value | $ 2,225,210 | $ 4,201,628 |
Equinox Frontier Diversified Fund [Member] | Frontier Trading Companies II and XXXVIII [Member] | ||
Percentage of Series Net Assets Invested in Unconsolidated Trading Companies | 10.37% | 7.44% |
Investments in unconsolidated trading companies, at fair value | $ 2,225,210 | $ 4,201,628 |
Equinox Frontier Masters Fund [Member] | ||
Investments in unconsolidated trading companies, at fair value | $ 1,501,142 | $ 6,678,106 |
Equinox Frontier Masters Fund [Member] | Frontier Trading Companies II, XV and XXXVIII [Member] | ||
Percentage of Series Net Assets Invested in Unconsolidated Trading Companies | 12.55% | 38.79% |
Investments in unconsolidated trading companies, at fair value | $ 1,501,142 | $ 6,678,106 |
Equinox Frontier Long/Short Commodity Fund [Member] | ||
Investments in unconsolidated trading companies, at fair value | $ 121,510 | |
Equinox Frontier Long/Short Commodity Fund [Member] | Frontier Trading Company XXXVIII [Member] | ||
Percentage of Series Net Assets Invested in Unconsolidated Trading Companies | 2.86% | |
Investments in unconsolidated trading companies, at fair value | $ 121,510 | |
Equinox Frontier Balanced Fund [Member] | ||
Investments in unconsolidated trading companies, at fair value | $ 3,178,176 | $ 5,965,331 |
Equinox Frontier Balanced Fund [Member] | Frontier Trading Companies II and XXXVIII [Member] | ||
Percentage of Series Net Assets Invested in Unconsolidated Trading Companies | 6.59% | 7.25% |
Investments in unconsolidated trading companies, at fair value | $ 3,178,176 | $ 5,965,331 |
Equinox Frontier Select Fund [Member] | ||
Investments in unconsolidated trading companies, at fair value | $ 670,863 | $ 3,910,866 |
Equinox Frontier Select Fund [Member] | Frontier Trading Companies XXXVIII and XXXIX [Member] | ||
Percentage of Series Net Assets Invested in Unconsolidated Trading Companies | 9.86% | 24.33% |
Investments in unconsolidated trading companies, at fair value | $ 670,863 | $ 3,910,866 |
Equinox Frontier Winton Fund [Member] | ||
Investments in unconsolidated trading companies, at fair value | $ 7,987,575 | $ 4,072,450 |
Equinox Frontier Winton Fund [Member] | Frontier Trading Companies II and XXXVIII [Member] | ||
Percentage of Series Net Assets Invested in Unconsolidated Trading Companies | 53.79% | 9.96% |
Investments in unconsolidated trading companies, at fair value | $ 7,987,575 | $ 4,072,450 |
Equinox Frontier Heritage Fund [Member] | ||
Investments in unconsolidated trading companies, at fair value | $ 1,546,974 | $ 2,744,640 |
Equinox Frontier Heritage Fund [Member] | Frontier Trading Companies II and XXXVIII [Member] | ||
Percentage of Series Net Assets Invested in Unconsolidated Trading Companies | 22.66% | 20.48% |
Investments in unconsolidated trading companies, at fair value | $ 1,536,631 | $ 2,744,640 |
Frontier Trading Company XXXVIII ,LLC [Member] | ||
Investments in unconsolidated trading companies, at fair value | 2,151,869 | $ 11,184,103 |
Frontier Trading Company XXXVIII ,LLC [Member] | Galaxy Plus Fund - Quest FIT Feeder Fund (535) LLC [Member] | ||
Investments in unconsolidated trading companies, at fair value | $ 2,151,869 |
Investments in Unconsolidated42
Investments in Unconsolidated Trading Companies and Private Investment Companies (Details 2) - USD ($) | 12 Months Ended | ||
Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | |
Trading Commissions | $ (6,300,391) | ||
Realized Gain/(Loss) | 14,145,026 | ||
Change in Unrealized Gain/(Loss) | 90,112 | ||
Net Income (Loss) | 7,934,747 | ||
Galaxy Plus Fund - Aspect Feeder Fund (532) LLC [Member] | |||
Trading Commissions | (139,930) | ||
Realized Gain/(Loss) | (291,545) | ||
Change in Unrealized Gain/(Loss) | 250,853 | ||
Net Income (Loss) | (180,622) | ||
Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC [Member] | |||
Trading Commissions | (231,369) | ||
Realized Gain/(Loss) | (23,663) | ||
Change in Unrealized Gain/(Loss) | 521,643 | ||
Net Income (Loss) | 266,611 | ||
Galaxy Plus Fund - Doherty Feeder Fund (528) LLC [Member] | |||
Trading Commissions | (147,291) | ||
Realized Gain/(Loss) | 416,933 | ||
Change in Unrealized Gain/(Loss) | (107,807) | ||
Net Income (Loss) | 161,835 | ||
Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC [Member] | |||
Trading Commissions | (1,541,385) | ||
Realized Gain/(Loss) | 4,786,586 | ||
Change in Unrealized Gain/(Loss) | 279,397 | ||
Net Income (Loss) | 3,524,598 | ||
Galaxy Plus Fund - FORT Global Managed Futures Feeder Fund (510) LLC [Member] | |||
Trading Commissions | (268,897) | ||
Realized Gain/(Loss) | 384,684 | ||
Change in Unrealized Gain/(Loss) | 1,975,161 | ||
Net Income (Loss) | 2,090,948 | ||
Galaxy Plus Fund - LRR Feeder Fund (522) LLC [Member] | |||
Trading Commissions | (570,790) | ||
Realized Gain/(Loss) | (117,988) | ||
Change in Unrealized Gain/(Loss) | (1,513,627) | ||
Net Income (Loss) | (2,202,405) | ||
Galaxy Plus Fund - QIM Feeder Fund (526) LLC [Member] | |||
Trading Commissions | (1,907,012) | ||
Realized Gain/(Loss) | 8,251,481 | ||
Change in Unrealized Gain/(Loss) | (1,983,968) | ||
Net Income (Loss) | 4,360,501 | ||
Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC [Member] | |||
Trading Commissions | (404,045) | ||
Realized Gain/(Loss) | 537,532 | ||
Change in Unrealized Gain/(Loss) | 67,284 | ||
Net Income (Loss) | 200,771 | ||
Galaxy Plus Fund - Quest Feeder Fund (517) LLC [Member] | |||
Trading Commissions | (106,122) | ||
Realized Gain/(Loss) | (1,847,315) | ||
Change in Unrealized Gain/(Loss) | 1,329,577 | ||
Net Income (Loss) | (623,860) | ||
Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | |||
Trading Commissions | (885,229) | ||
Realized Gain/(Loss) | 696,334 | ||
Change in Unrealized Gain/(Loss) | 828,019 | ||
Net Income (Loss) | 639,124 | ||
Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | |||
Trading Commissions | (98,321) | ||
Realized Gain/(Loss) | 113,534 | ||
Change in Unrealized Gain/(Loss) | 646,210 | ||
Net Income (Loss) | 661,423 | ||
Galaxy Plus Fund - Quest FIT Feeder Fund (535) LLC [Member] | |||
Trading Commissions | |||
Realized Gain/(Loss) | 1,238,453 | ||
Change in Unrealized Gain/(Loss) | (2,202,630) | ||
Net Income (Loss) | (964,177) | ||
Equinox Frontier Diversified Fund [Member] | |||
Trading Commissions | (1,974,001) | $ (1,327,363) | $ (611,359) |
Realized Gain/(Loss) | 3,951,904 | 3,319,746 | 6,525,696 |
Change in Unrealized Gain/(Loss) | 864,901 | 1,407,263 | (5,072,429) |
Net Income (Loss) | 2,842,804 | 3,399,647 | 841,908 |
Equinox Frontier Diversified Fund [Member] | Frontier Trading Company I LLC [Member] | |||
Trading Commissions | (260,168) | (174,766) | |
Realized Gain/(Loss) | 1,794,827 | 636,671 | |
Change in Unrealized Gain/(Loss) | (157,591) | (1,288,141) | |
Net Income (Loss) | 1,377,068 | (826,236) | |
Equinox Frontier Diversified Fund [Member] | Frontier Trading Company II LLC [Member] | |||
Trading Commissions | (48,869) | (41,971) | (14,685) |
Realized Gain/(Loss) | 156,232 | 375,453 | 1,025,202 |
Change in Unrealized Gain/(Loss) | 276,848 | (167,387) | (406,220) |
Net Income (Loss) | 384,211 | 166,096 | 604,297 |
Equinox Frontier Diversified Fund [Member] | Frontier Trading Company VII, LLC [Member] | |||
Trading Commissions | (80,881) | (314,705) | |
Realized Gain/(Loss) | (566,171) | 4,741,557 | |
Change in Unrealized Gain/(Loss) | 2,065,216 | (2,805,251) | |
Net Income (Loss) | 1,418,164 | 1,621,601 | |
Equinox Frontier Diversified Fund [Member] | Frontier Trading Company XXIII, LLC [Member] | |||
Trading Commissions | (35,775) | (74,373) | |
Realized Gain/(Loss) | 705,939 | 591,314 | |
Change in Unrealized Gain/(Loss) | (7,381) | (260,757) | |
Net Income (Loss) | 662,782 | 256,184 | |
Equinox Frontier Diversified Fund [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | |||
Trading Commissions | (27,594) | (32,830) | |
Realized Gain/(Loss) | (774,261) | (469,048) | |
Change in Unrealized Gain/(Loss) | (224,202) | 219,387 | (312,060) |
Net Income (Loss) | (224,202) | (582,468) | (813,938) |
Equinox Frontier Diversified Fund [Member] | Galaxy Plus Fund - Aspect Feeder Fund (532) LLC [Member] | |||
Trading Commissions | (55,188) | (3,869) | |
Realized Gain/(Loss) | (182,610) | (34,071) | |
Change in Unrealized Gain/(Loss) | 116,882 | (105,274) | |
Net Income (Loss) | (120,916) | (143,214) | |
Equinox Frontier Diversified Fund [Member] | Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC [Member] | |||
Trading Commissions | (67,735) | (149,772) | |
Realized Gain/(Loss) | 35,477 | 298,066 | |
Change in Unrealized Gain/(Loss) | 153,846 | (250,532) | |
Net Income (Loss) | 121,588 | (102,238) | |
Equinox Frontier Diversified Fund [Member] | Galaxy Plus Fund - Doherty Feeder Fund (528) LLC [Member] | |||
Trading Commissions | (59,477) | (27,745) | |
Realized Gain/(Loss) | 250,674 | 85,845 | |
Change in Unrealized Gain/(Loss) | (136,456) | 9,802 | |
Net Income (Loss) | 54,741 | 67,902 | |
Equinox Frontier Diversified Fund [Member] | Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC [Member] | |||
Trading Commissions | (412,997) | (183,726) | |
Realized Gain/(Loss) | 1,583,252 | 1,333,450 | |
Change in Unrealized Gain/(Loss) | (75,903) | (536,657) | |
Net Income (Loss) | 1,094,352 | 613,067 | |
Equinox Frontier Diversified Fund [Member] | Galaxy Plus Fund - FORT Global Managed Futures Feeder Fund (510) LLC [Member] | |||
Trading Commissions | (99,839) | (77,260) | |
Realized Gain/(Loss) | 115,249 | (333,316) | |
Change in Unrealized Gain/(Loss) | 677,850 | (134,742) | |
Net Income (Loss) | 693,260 | (545,318) | |
Equinox Frontier Diversified Fund [Member] | Galaxy Plus Fund - LRR Feeder Fund (522) LLC [Member] | |||
Trading Commissions | |||
Realized Gain/(Loss) | (45,709) | ||
Change in Unrealized Gain/(Loss) | (334,192) | 168,157 | |
Net Income (Loss) | (379,901) | 168,157 | |
Equinox Frontier Diversified Fund [Member] | Galaxy Plus Fund - QIM Feeder Fund (526) LLC [Member] | |||
Trading Commissions | (749,673) | (150,214) | |
Realized Gain/(Loss) | 3,193,229 | 1,801,432 | |
Change in Unrealized Gain/(Loss) | (842,961) | 126,477 | |
Net Income (Loss) | 1,600,595 | 1,777,695 | |
Equinox Frontier Diversified Fund [Member] | Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC [Member] | |||
Trading Commissions | (194,695) | (187,460) | |
Realized Gain/(Loss) | 254,498 | (50,960) | |
Change in Unrealized Gain/(Loss) | 78,293 | (3,553) | |
Net Income (Loss) | 138,096 | (241,973) | |
Equinox Frontier Diversified Fund [Member] | Galaxy Plus Fund - Quest Feeder Fund (517) LLC [Member] | |||
Trading Commissions | (75,783) | (100,928) | |
Realized Gain/(Loss) | (1,497,818) | (1,316,487) | |
Change in Unrealized Gain/(Loss) | 1,068,306 | 181,341 | |
Net Income (Loss) | (505,295) | (1,236,074) | |
Equinox Frontier Diversified Fund [Member] | Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | |||
Trading Commissions | (209,745) | ||
Realized Gain/(Loss) | 89,430 | ||
Change in Unrealized Gain/(Loss) | 106,590 | ||
Net Income (Loss) | (13,725) | ||
Frontier Masters Fund [Member] | |||
Trading Commissions | (698,167) | (511,443) | (274,110) |
Realized Gain/(Loss) | 1,024,909 | 958,432 | 7,394,105 |
Change in Unrealized Gain/(Loss) | 732,143 | 1,041,519 | (5,634,057) |
Net Income (Loss) | 1,058,885 | 1,488,510 | 1,485,938 |
Frontier Masters Fund [Member] | Frontier Trading Company I LLC [Member] | |||
Trading Commissions | (8,585) | (19,418) | |
Realized Gain/(Loss) | (261,142) | 1,409,880 | |
Change in Unrealized Gain/(Loss) | (80,621) | (731,212) | |
Net Income (Loss) | (350,348) | 659,250 | |
Frontier Masters Fund [Member] | Frontier Trading Company II LLC [Member] | |||
Trading Commissions | 11,194 | (47,472) | (9,119) |
Realized Gain/(Loss) | 91,810 | 224,660 | 572,163 |
Change in Unrealized Gain/(Loss) | 146,656 | (93,987) | (270,658) |
Net Income (Loss) | 249,660 | 83,200 | 292,386 |
Frontier Masters Fund [Member] | Frontier Trading Company VII, LLC [Member] | |||
Trading Commissions | (48,485) | (173,078) | |
Realized Gain/(Loss) | (371,921) | 5,008,076 | |
Change in Unrealized Gain/(Loss) | 1,208,006 | (3,958,426) | |
Net Income (Loss) | 787,600 | 876,572 | |
Frontier Masters Fund [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | |||
Trading Commissions | (14,141) | (13,922) | |
Realized Gain/(Loss) | (157,740) | (268,618) | |
Change in Unrealized Gain/(Loss) | (93,709) | (2,979) | (95,734) |
Net Income (Loss) | (93,709) | (174,860) | (378,274) |
Frontier Masters Fund [Member] | Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC [Member] | |||
Trading Commissions | (105,364) | (137,582) | |
Realized Gain/(Loss) | (14,449) | 164,544 | |
Change in Unrealized Gain/(Loss) | 236,001 | (213,762) | |
Net Income (Loss) | 116,188 | (186,800) | |
Frontier Masters Fund [Member] | Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC [Member] | |||
Trading Commissions | (349,413) | (174,044) | |
Realized Gain/(Loss) | 889,938 | 803,903 | |
Change in Unrealized Gain/(Loss) | 137,925 | (290,958) | |
Net Income (Loss) | 678,450 | 338,901 | |
Frontier Masters Fund [Member] | Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | |||
Trading Commissions | (138,276) | ||
Realized Gain/(Loss) | 125,302 | ||
Change in Unrealized Gain/(Loss) | 33,814 | ||
Net Income (Loss) | 20,840 | ||
Frontier Masters Fund [Member] | Frontier Trading Company XIV, LLC [Member] | |||
Trading Commissions | |||
Realized Gain/(Loss) | |||
Change in Unrealized Gain/(Loss) | |||
Net Income (Loss) | |||
Frontier Masters Fund [Member] | Frontier Trading Company XV, LLC [Member] | |||
Trading Commissions | (82,918) | (81,133) | (58,573) |
Realized Gain/(Loss) | (175,490) | 556,129 | 672,604 |
Change in Unrealized Gain/(Loss) | (115,394) | 515,821 | (578,027) |
Net Income (Loss) | (373,802) | 990,817 | 36,004 |
Frontier Masters Fund [Member] | Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | |||
Trading Commissions | (33,390) | ||
Realized Gain/(Loss) | 107,798 | ||
Change in Unrealized Gain/(Loss) | 386,850 | ||
Net Income (Loss) | 461,258 | ||
Frontier Long/Short Commodity Fund [Member] | |||
Trading Commissions | (967,629) | (258,847) | (252,682) |
Realized Gain/(Loss) | 861,339 | 112,919 | 2,605,490 |
Change in Unrealized Gain/(Loss) | (163,384) | (253,217) | (2,286,767) |
Net Income (Loss) | (269,674) | (399,144) | 66,041 |
Frontier Long/Short Commodity Fund [Member] | Frontier Trading Company I LLC [Member] | |||
Trading Commissions | (4,003) | (2,922) | |
Realized Gain/(Loss) | (145,864) | 156,796 | |
Change in Unrealized Gain/(Loss) | (32,717) | 2,785 | |
Net Income (Loss) | (182,583) | 156,659 | |
Frontier Long/Short Commodity Fund [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | |||
Trading Commissions | 481 | (7,510) | |
Realized Gain/(Loss) | (202,254) | (34,498) | |
Change in Unrealized Gain/(Loss) | 83,337 | (106,559) | (63,213) |
Net Income (Loss) | 83,337 | (308,333) | (105,221) |
Frontier Long/Short Commodity Fund [Member] | Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC [Member] | |||
Trading Commissions | (58,270) | (80,356) | |
Realized Gain/(Loss) | (44,691) | 76,603 | |
Change in Unrealized Gain/(Loss) | 131,796 | (60,807) | |
Net Income (Loss) | 28,835 | (64,560) | |
Frontier Long/Short Commodity Fund [Member] | Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC [Member] | |||
Trading Commissions | (252,117) | (144,093) | |
Realized Gain/(Loss) | 739,903 | 371,651 | |
Change in Unrealized Gain/(Loss) | (37,228) | (44,364) | |
Net Income (Loss) | 450,558 | 183,194 | |
Frontier Long/Short Commodity Fund [Member] | Galaxy Plus Fund - LRR Feeder Fund (522) LLC [Member] | |||
Trading Commissions | (570,790) | ||
Realized Gain/(Loss) | 114,105 | ||
Change in Unrealized Gain/(Loss) | (350,050) | (321,568) | |
Net Income (Loss) | (806,735) | (321,568) | |
Frontier Long/Short Commodity Fund [Member] | Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | |||
Trading Commissions | (86,452) | ||
Realized Gain/(Loss) | 52,022 | ||
Change in Unrealized Gain/(Loss) | 8,761 | ||
Net Income (Loss) | (25,669) | ||
Frontier Long/Short Commodity Fund [Member] | Frontier Trading Companies VII, LLC [Member] | |||
Trading Commissions | (30,875) | (242,250) | |
Realized Gain/(Loss) | 12,784 | 2,483,192 | |
Change in Unrealized Gain/(Loss) | 312,798 | (2,226,339) | |
Net Income (Loss) | 294,706 | 14,603 | |
Frontier Balanced Fund [Member] | |||
Trading Commissions | (2,587,063) | (1,243,650) | (820,103) |
Realized Gain/(Loss) | 7,164,969 | 5,527,232 | 10,534,837 |
Change in Unrealized Gain/(Loss) | 692,251 | 2,141,586 | (3,107,463) |
Net Income (Loss) | 5,270,157 | 6,425,168 | 6,607,271 |
Frontier Balanced Fund [Member] | Frontier Trading Company I LLC [Member] | |||
Trading Commissions | (291,912) | (398,418) | |
Realized Gain/(Loss) | 2,837,851 | 5,226,529 | |
Change in Unrealized Gain/(Loss) | 335,254 | 700,620 | |
Net Income (Loss) | 2,881,192 | 5,528,731 | |
Frontier Balanced Fund [Member] | Frontier Trading Company II LLC [Member] | |||
Trading Commissions | (37,051) | (46,423) | (19,305) |
Realized Gain/(Loss) | 216,451 | 503,024 | 1,235,015 |
Change in Unrealized Gain/(Loss) | 643,952 | (202,956) | (499,116) |
Net Income (Loss) | 823,352 | 253,645 | 716,594 |
Frontier Balanced Fund [Member] | Frontier Trading Company VII, LLC [Member] | |||
Trading Commissions | (97,941) | ||
Realized Gain/(Loss) | (464,066) | ||
Change in Unrealized Gain/(Loss) | 2,290,012 | ||
Net Income (Loss) | 1,728,005 | ||
Frontier Balanced Fund [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | |||
Trading Commissions | (50,346) | (50,360) | |
Realized Gain/(Loss) | (933,870) | (940,340) | |
Change in Unrealized Gain/(Loss) | (221,954) | 45,351 | (356,821) |
Net Income (Loss) | (221,954) | (938,865) | (1,347,521) |
Frontier Balanced Fund [Member] | Galaxy Plus Fund - Aspect Feeder Fund (532) LLC [Member] | |||
Trading Commissions | (84,742) | (4,516) | |
Realized Gain/(Loss) | (108,935) | (51,106) | |
Change in Unrealized Gain/(Loss) | 133,971 | (157,835) | |
Net Income (Loss) | (59,706) | (213,457) | |
Frontier Balanced Fund [Member] | Galaxy Plus Fund - Doherty Feeder Fund (528) LLC [Member] | |||
Trading Commissions | (87,814) | (38,036) | |
Realized Gain/(Loss) | 166,259 | 146,344 | |
Change in Unrealized Gain/(Loss) | 28,649 | 14,161 | |
Net Income (Loss) | 107,094 | 122,469 | |
Frontier Balanced Fund [Member] | Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC [Member] | |||
Trading Commissions | (526,858) | (198,195) | |
Realized Gain/(Loss) | 1,573,493 | 1,635,772 | |
Change in Unrealized Gain/(Loss) | 254,603 | (663,594) | |
Net Income (Loss) | 1,301,238 | 773,983 | |
Frontier Balanced Fund [Member] | Galaxy Plus Fund - FORT Global Managed Futures Feeder Fund (510) LLC [Member] | |||
Trading Commissions | (169,058) | (107,226) | |
Realized Gain/(Loss) | 269,435 | (573,181) | |
Change in Unrealized Gain/(Loss) | 1,297,311 | (250,610) | |
Net Income (Loss) | 1,397,688 | (931,017) | |
Frontier Balanced Fund [Member] | Galaxy Plus Fund - LRR Feeder Fund (522) LLC [Member] | |||
Trading Commissions | |||
Realized Gain/(Loss) | (186,384) | ||
Change in Unrealized Gain/(Loss) | (829,385) | 475,116 | |
Net Income (Loss) | (1,015,769) | 475,116 | |
Frontier Balanced Fund [Member] | Galaxy Plus Fund - QIM Feeder Fund (526) LLC [Member] | |||
Trading Commissions | (1,157,339) | (190,774) | |
Realized Gain/(Loss) | 5,058,252 | 2,874,017 | |
Change in Unrealized Gain/(Loss) | (1,141,007) | 206,726 | |
Net Income (Loss) | 2,759,906 | 2,889,969 | |
Frontier Balanced Fund [Member] | Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC [Member] | |||
Trading Commissions | (209,350) | (194,640) | |
Realized Gain/(Loss) | 283,034 | (62,341) | |
Change in Unrealized Gain/(Loss) | (11,009) | (4,212) | |
Net Income (Loss) | 62,675 | (261,193) | |
Frontier Balanced Fund [Member] | Galaxy Plus Fund - Quest Feeder Fund (517) LLC [Member] | |||
Trading Commissions | (30,339) | (25,081) | |
Realized Gain/(Loss) | (349,497) | (394,581) | |
Change in Unrealized Gain/(Loss) | 261,271 | 54,174 | |
Net Income (Loss) | (118,565) | (365,488) | |
Frontier Balanced Fund [Member] | Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | |||
Trading Commissions | (284,512) | ||
Realized Gain/(Loss) | 242,861 | ||
Change in Unrealized Gain/(Loss) | 275,849 | ||
Net Income (Loss) | 234,198 | ||
Frontier Balanced Fund [Member] | Frontier Trading Company XIV, LLC [Member] | |||
Trading Commissions | (351,880) | ||
Realized Gain/(Loss) | 5,102,783 | ||
Change in Unrealized Gain/(Loss) | (3,041,589) | ||
Net Income (Loss) | 1,709,314 | ||
Frontier Balanced Fund [Member] | Frontier Trading Company XV, LLC [Member] | |||
Trading Commissions | (140) | ||
Realized Gain/(Loss) | (89,150) | ||
Change in Unrealized Gain/(Loss) | 89,443 | ||
Net Income (Loss) | 153 | ||
Frontier Balanced Fund [Member] | Frontier Trading Company XXXIX, LLC [Member] | |||
Trading Commissions | 1,439 | ||
Realized Gain/(Loss) | 9,370 | ||
Change in Unrealized Gain/(Loss) | |||
Net Income (Loss) | 10,809 | ||
Frontier Select Fund [Member] | |||
Trading Commissions | (153,393) | (10,088) | (2,951) |
Realized Gain/(Loss) | 111,878 | 107,531 | (48,673) |
Change in Unrealized Gain/(Loss) | 162,225 | 271,153 | 212,690 |
Net Income (Loss) | 120,710 | 368,596 | 161,067 |
Frontier Select Fund [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | |||
Trading Commissions | (6,694) | (2,400) | |
Realized Gain/(Loss) | 107,531 | (20,889) | |
Change in Unrealized Gain/(Loss) | (70,862) | 15,974 | 2,353 |
Net Income (Loss) | (70,862) | 116,811 | (21,812) |
Frontier Select Fund [Member] | Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | |||
Trading Commissions | (88,462) | ||
Realized Gain/(Loss) | 106,142 | ||
Change in Unrealized Gain/(Loss) | 196,941 | ||
Net Income (Loss) | 214,621 | ||
Frontier Select Fund [Member] | Frontier Trading Company XV, LLC [Member] | |||
Trading Commissions | (551) | ||
Realized Gain/(Loss) | (27,784) | ||
Change in Unrealized Gain/(Loss) | 2,173 | ||
Net Income (Loss) | (25,285) | ||
Frontier Select Fund [Member] | Galaxy Plus Fund - TT Feeder Fund (531) LLC [Member] | |||
Trading Commissions | (64,931) | ||
Realized Gain/(Loss) | 5,736 | ||
Change in Unrealized Gain/(Loss) | 259,360 | ||
Net Income (Loss) | 200,165 | ||
Frontier Select Fund [Member] | Frontier Trading Company XXXIX, LLC [Member] | |||
Trading Commissions | (3,394) | ||
Realized Gain/(Loss) | |||
Change in Unrealized Gain/(Loss) | 223,214 | 255,179 | 208,164 |
Net Income (Loss) | 223,214 | 251,785 | 208,164 |
Frontier Winton Fund [Member] | |||
Trading Commissions | (47,781) | (59,312) | |
Realized Gain/(Loss) | (149,255) | 1,129,861 | |
Change in Unrealized Gain/(Loss) | 333,988 | 16,046 | (512,999) |
Net Income (Loss) | 333,988 | (180,989) | 557,550 |
Frontier Winton Fund [Member] | Frontier Trading Company II LLC [Member] | |||
Trading Commissions | (30,241) | ||
Realized Gain/(Loss) | 1,667,631 | ||
Change in Unrealized Gain/(Loss) | 551,467 | (315,582) | |
Net Income (Loss) | 551,467 | 1,321,808 | |
Frontier Winton Fund [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | |||
Trading Commissions | (47,781) | (29,071) | |
Realized Gain/(Loss) | (149,255) | (537,770) | |
Change in Unrealized Gain/(Loss) | (217,479) | 16,046 | (197,417) |
Net Income (Loss) | (217,479) | (180,989) | (764,258) |
Frontier Heritage Fund [Member] | |||
Trading Commissions | (139,345) | (80,795) | (16,336) |
Realized Gain/(Loss) | 194,159 | 265,851 | 539,639 |
Change in Unrealized Gain/(Loss) | 499,622 | (129,571) | (303,036) |
Net Income (Loss) | 554,436 | 55,484 | 220,267 |
Frontier Heritage Fund [Member] | Frontier Trading Company II LLC [Member] | |||
Trading Commissions | (61,563) | (70,018) | (9,825) |
Realized Gain/(Loss) | 113,582 | 271,702 | 656,945 |
Change in Unrealized Gain/(Loss) | 388,393 | (119,174) | (261,763) |
Net Income (Loss) | 440,412 | 82,510 | 385,357 |
Frontier Heritage Fund [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | |||
Trading Commissions | (10,777) | (6,511) | |
Realized Gain/(Loss) | (5,851) | (117,306) | |
Change in Unrealized Gain/(Loss) | (94,835) | (10,397) | (41,273) |
Net Income (Loss) | (94,835) | (27,026) | (165,090) |
Frontier Heritage Fund [Member] | Galaxy Plus Fund - Welton GDP Feeder Fund (538) LLC [Member] | |||
Trading Commissions | (77,782) | ||
Realized Gain/(Loss) | 80,577 | ||
Change in Unrealized Gain/(Loss) | 206,064 | ||
Net Income (Loss) | 208,859 | ||
Frontier Trading Company XXXVIII ,LLC [Member] | Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | |||
Trading Commissions | 0 | ||
Realized Gain/(Loss) | 0 | ||
Change in Unrealized Gain/(Loss) | (964,178) | ||
Net Income (Loss) | $ (964,178) |
Transactions with Affiliates (D
Transactions with Affiliates (Details) - USD ($) | 12 Months Ended | ||
Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | |
Incentive Fee | $ (147,256) | $ 2,980,696 | $ 5,723,374 |
Management Fee | 1,516,571 | 3,235,153 | 5,028,224 |
Trading Fee | 5,247,342 | 3,613,634 | 3,452,315 |
Managing Owner [Member] | |||
Incentive Fee | (147,256) | 2,980,696 | 5,723,374 |
Management Fee | 1,516,571 | 3,235,153 | 5,028,224 |
Service Fee | 2,513,028 | 3,586,271 | 4,309,654 |
Trading Fee | 5,247,342 | 3,613,634 | 3,452,315 |
Equinox Frontier Diversified Fund [Member] | |||
Incentive Fee | (50,661) | 1,144,159 | 2,068,435 |
Management Fee | 69,478 | 503,844 | 983,948 |
Trading Fee | 1,347,386 | 1,435,003 | 1,394,350 |
Equinox Frontier Diversified Fund [Member] | Managing Owner [Member] | |||
Incentive Fee | (50,661) | 1,144,159 | 2,068,435 |
Management Fee | 69,478 | 503,844 | 983,948 |
Service Fee | 132,465 | 247,399 | 412,335 |
Trading Fee | 1,347,386 | 1,435,003 | 1,394,350 |
Equinox Frontier Masters Fund [Member] | |||
Incentive Fee | 245,244 | 618,626 | |
Management Fee | 184,365 | 452,071 | 696,963 |
Trading Fee | 672,227 | 537,884 | 579,677 |
Equinox Frontier Masters Fund [Member] | Managing Owner [Member] | |||
Incentive Fee | 245,244 | 618,626 | |
Management Fee | 184,365 | 452,071 | 696,963 |
Service Fee | 89,344 | 151,627 | 226,790 |
Trading Fee | 672,227 | 537,884 | 579,677 |
Equinox Frontier Long/Short Commodity Fund [Member] | |||
Incentive Fee | (57,082) | 46,931 | 322,090 |
Management Fee | 201,423 | 532,836 | |
Service Fee | 109,284 | ||
Trading Fee | 234,923 | 191,525 | 243,193 |
Equinox Frontier Long/Short Commodity Fund [Member] | Managing Owner [Member] | |||
Incentive Fee | (144,752) | 46,931 | 322,090 |
Management Fee | 201,423 | 532,836 | |
Service Fee | 13,672 | 66,889 | 109,284 |
Trading Fee | 234,923 | 191,525 | 243,193 |
Equinox Frontier Balanced Fund [Member] | |||
Incentive Fee | 40,189 | 1,395,151 | 1,707,167 |
Management Fee | 107,368 | 494,734 | 1,029,988 |
Trading Fee | 2,058,870 | 909,129 | 740,451 |
Equinox Frontier Balanced Fund [Member] | Managing Owner [Member] | |||
Incentive Fee | 40,189 | 1,395,151 | 1,707,167 |
Management Fee | 107,368 | 494,734 | 1,029,988 |
Service Fee | 1,409,337 | 1,833,220 | 2,113,776 |
Trading Fee | 2,058,870 | 909,129 | 740,451 |
Equinox Frontier Select Fund [Member] | |||
Incentive Fee | 41,072 | 158,971 | |
Management Fee | 84,734 | 271,176 | 304,539 |
Trading Fee | 176,459 | 115,267 | 110,262 |
Equinox Frontier Select Fund [Member] | Managing Owner [Member] | |||
Incentive Fee | 41,072 | 158,971 | |
Management Fee | 84,734 | 271,176 | 304,539 |
Service Fee | 220,938 | 351,053 | 395,169 |
Trading Fee | 176,459 | 115,267 | 110,262 |
Equinox Frontier Winton Fund [Member] | |||
Incentive Fee | (75,099) | 99,067 | 715,409 |
Management Fee | 877,626 | 1,069,141 | 1,199,380 |
Trading Fee | 565,481 | 320,680 | 288,023 |
Equinox Frontier Winton Fund [Member] | Managing Owner [Member] | |||
Incentive Fee | (75,099) | 99,067 | 715,409 |
Management Fee | 877,626 | 1,069,141 | 1,199,380 |
Service Fee | 465,225 | 681,308 | 764,354 |
Trading Fee | 565,481 | 320,680 | 288,023 |
Equinox Frontier Heritage Fund [Member] | |||
Incentive Fee | (4,603) | 9,072 | 132,676 |
Management Fee | 193,000 | 242,764 | 280,570 |
Trading Fee | 191,996 | 104,146 | 96,359 |
Equinox Frontier Heritage Fund [Member] | Managing Owner [Member] | |||
Incentive Fee | (4,603) | 9,072 | 132,676 |
Management Fee | 193,000 | 242,764 | 280,570 |
Service Fee | 182,048 | 254,775 | 287,946 |
Trading Fee | 191,996 | $ 104,146 | $ 96,359 |
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 510 Series [Member] | |||
Incentive Fee | 135,302 | ||
Management Fee | 205,512 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 516 Series [Member] | |||
Incentive Fee | 1,114,470 | ||
Management Fee | 380,232 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 517 Series [Member] | |||
Incentive Fee | |||
Management Fee | 44,743 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 518 Series [Member] | |||
Incentive Fee | |||
Management Fee | 184,679 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 522 Series [Member] | |||
Incentive Fee | |||
Management Fee | 250,931 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 526 Series [Member] | |||
Incentive Fee | 1,736,308 | ||
Management Fee | 289,404 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 527 Series [Member] | |||
Incentive Fee | |||
Management Fee | 242,572 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 528 Series [Member] | |||
Incentive Fee | 67,070 | ||
Management Fee | 59,711 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 531 Series [Member] | |||
Incentive Fee | 11,681 | ||
Management Fee | 208,034 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 532 Series [Member] | |||
Incentive Fee | 73 | ||
Management Fee | 81,007 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 535 Series [Member] | |||
Incentive Fee | |||
Management Fee | 58,470 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 538W Series [Member] | |||
Incentive Fee | 271,763 | ||
Management Fee | 411,433 | ||
Galaxy Plus Fund LLC [Member] | Managing Owner [Member] | Galaxy Plus Fund LLC - 510 Series [Member] | Class EF [Member] | |||
Incentive Fee | 34,386 | ||
Management Fee | 22,537 | ||
Galaxy Plus Fund LLC [Member] | Managing Owner [Member] | Galaxy Plus Fund LLC - 516 Series [Member] | Class EF [Member] | |||
Incentive Fee | 715,621 | ||
Management Fee | 109,994 | ||
Galaxy Plus Fund LLC [Member] | Managing Owner [Member] | Galaxy Plus Fund LLC - 517 Series [Member] | Class EF [Member] | |||
Incentive Fee | |||
Management Fee | 44,743 | ||
Galaxy Plus Fund LLC [Member] | Managing Owner [Member] | Galaxy Plus Fund LLC - 518 Series [Member] | Class EF [Member] | |||
Incentive Fee | |||
Management Fee | 141,131 | ||
Galaxy Plus Fund LLC [Member] | Managing Owner [Member] | Galaxy Plus Fund LLC - 522 Series [Member] | Class EF [Member] | |||
Incentive Fee | |||
Management Fee | 83,998 | ||
Galaxy Plus Fund LLC [Member] | Managing Owner [Member] | Galaxy Plus Fund LLC - 526 Series [Member] | Class EF [Member] | |||
Incentive Fee | 113,940 | ||
Management Fee | 167,970 | ||
Galaxy Plus Fund LLC [Member] | Managing Owner [Member] | Galaxy Plus Fund LLC - 527 Series [Member] | Class EF [Member] | |||
Incentive Fee | |||
Management Fee | 41,645 | ||
Galaxy Plus Fund LLC [Member] | Managing Owner [Member] | Galaxy Plus Fund LLC - 528 Series [Member] | Class EF [Member] | |||
Incentive Fee | 21,532 | ||
Management Fee | 39,554 | ||
Galaxy Plus Fund LLC [Member] | Managing Owner [Member] | Galaxy Plus Fund LLC - 531 Series [Member] | Class EF [Member] | |||
Incentive Fee | 30,847 | ||
Management Fee | 115,687 | ||
Galaxy Plus Fund LLC [Member] | Managing Owner [Member] | Galaxy Plus Fund LLC - 532 Series [Member] | Class EF [Member] | |||
Incentive Fee | |||
Management Fee | 12,142 | ||
Galaxy Plus Fund LLC [Member] | Managing Owner [Member] | Galaxy Plus Fund LLC - 535 Series [Member] | Class EF [Member] | |||
Incentive Fee | |||
Management Fee | |||
Galaxy Plus Fund LLC [Member] | Managing Owner [Member] | Galaxy Plus Fund LLC - 538W Series [Member] | Class EF [Member] | |||
Incentive Fee | |||
Management Fee | $ 17,848 |
Transactions with Affiliates 44
Transactions with Affiliates (Details 2) - USD ($) | Dec. 31, 2017 | Dec. 31, 2016 |
Incentive Fees | $ 53,036 | |
Management Fees | 90,972 | 433,430 |
Trading Fees | 334,485 | 523,099 |
Managing Owner [Member] | ||
Incentive Fees | 53,036 | |
Management Fees | 90,972 | 433,430 |
Interest Fees | 26,007 | 63,275 |
Service Fees | 334,485 | 523,099 |
Trading Fees | 148,445 | 239,520 |
Equinox Frontier Diversified Fund [Member] | ||
Incentive Fees | 12,847 | |
Management Fees | 4,049 | 23,496 |
Trading Fees | 61,188 | 147,183 |
Equinox Frontier Diversified Fund [Member] | Managing Owner [Member] | ||
Incentive Fees | 12,847 | |
Management Fees | 4,049 | 23,496 |
Interest Fees | ||
Service Fees | 3,614 | 15,193 |
Trading Fees | 61,188 | 147,183 |
Equinox Frontier Masters Fund [Member] | ||
Incentive Fees | ||
Management Fees | 8,949 | 50,174 |
Trading Fees | 49,131 | 57,890 |
Equinox Frontier Masters Fund [Member] | Managing Owner [Member] | ||
Incentive Fees | ||
Management Fees | 8,949 | 50,174 |
Interest Fees | ||
Service Fees | 3,570 | 9,037 |
Trading Fees | 49,131 | 57,890 |
Equinox Frontier Long/Short Commodity Fund [Member] | ||
Incentive Fees | ||
Management Fees | ||
Trading Fees | 9,125 | 23,478 |
Equinox Frontier Long/Short Commodity Fund [Member] | Managing Owner [Member] | ||
Incentive Fees | ||
Management Fees | ||
Interest Fees | 103 | |
Service Fees | 172 | 3,542 |
Trading Fees | 9,125 | 23,478 |
Equinox Frontier Balanced Fund [Member] | ||
Incentive Fees | 40,189 | |
Management Fees | 11,465 | 25,217 |
Trading Fees | 140,868 | 203,324 |
Equinox Frontier Balanced Fund [Member] | Managing Owner [Member] | ||
Incentive Fees | 40,189 | |
Management Fees | 11,465 | 25,217 |
Interest Fees | 2,528 | 21,606 |
Service Fees | 88,149 | 129,956 |
Trading Fees | 140,868 | 203,324 |
Equinox Frontier Select Fund [Member] | ||
Incentive Fees | ||
Management Fees | 21,219 | |
Trading Fees | 14,898 | 18,129 |
Equinox Frontier Select Fund [Member] | Managing Owner [Member] | ||
Incentive Fees | ||
Management Fees | 21,219 | |
Interest Fees | 1,358 | 3,518 |
Service Fees | 14,743 | 25,966 |
Trading Fees | 14,898 | 18,129 |
Equinox Frontier Winton Fund [Member] | ||
Management Fees | 53,039 | 256,824 |
Trading Fees | 43,573 | 55,142 |
Equinox Frontier Winton Fund [Member] | Managing Owner [Member] | ||
Incentive Fees | ||
Management Fees | 53,039 | 256,824 |
Interest Fees | 20,992 | 30,730 |
Service Fees | 26,714 | 39,370 |
Trading Fees | 43,573 | 55,142 |
Equinox Frontier Heritage Fund [Member] | ||
Management Fees | 13,471 | 56,501 |
Trading Fees | 15,703 | 17,953 |
Equinox Frontier Heritage Fund [Member] | Managing Owner [Member] | ||
Incentive Fees | ||
Management Fees | 13,471 | 56,501 |
Interest Fees | 2,608 | 7,420 |
Service Fees | 11,483 | 16,457 |
Trading Fees | 15,703 | $ 17,953 |
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 510 Series [Member] | ||
Incentive Fees | 123,098 | |
Management Fees | 26,796 | |
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 516 Series [Member] | ||
Incentive Fees | 6,517 | |
Management Fees | 22,648 | |
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 517 Series [Member] | ||
Management Fees | 1,599 | |
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 518 Series [Member] | ||
Management Fees | 7,753 | |
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 522 Series [Member] | ||
Management Fees | 10,000 | |
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 526 Series [Member] | ||
Incentive Fees | 266,120 | |
Management Fees | 12,816 | |
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 527 Series [Member] | ||
Management Fees | 12,557 | |
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 528 Series [Member] | ||
Incentive Fees | 14,341 | |
Management Fees | 3,701 | |
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 531 Series [Member] | ||
Incentive Fees | 11,681 | |
Management Fees | 48,942 | |
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 532 Series [Member] | ||
Incentive Fees | 73 | |
Management Fees | 3,786 | |
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 535 Series [Member] | ||
Management Fees | 3,013 | |
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 538W Series [Member] | ||
Incentive Fees | 250,386 | |
Management Fees | 53,344 | |
Galaxy Plus Fund LLC [Member] | Managing Owner [Member] | Galaxy Plus Fund LLC - 510 Series [Member] | Class EF [Member] | ||
Incentive Fees | 28,328 | |
Management Fees | 1,080 | |
Galaxy Plus Fund LLC [Member] | Managing Owner [Member] | Galaxy Plus Fund LLC - 516 Series [Member] | Class EF [Member] | ||
Incentive Fees | 6,517 | |
Management Fees | 5,592 | |
Galaxy Plus Fund LLC [Member] | Managing Owner [Member] | Galaxy Plus Fund LLC - 517 Series [Member] | Class EF [Member] | ||
Incentive Fees | ||
Management Fees | 1,599 | |
Galaxy Plus Fund LLC [Member] | Managing Owner [Member] | Galaxy Plus Fund LLC - 518 Series [Member] | Class EF [Member] | ||
Incentive Fees | ||
Management Fees | 4,122 | |
Galaxy Plus Fund LLC [Member] | Managing Owner [Member] | Galaxy Plus Fund LLC - 522 Series [Member] | Class EF [Member] | ||
Incentive Fees | ||
Management Fees | 3,579 | |
Galaxy Plus Fund LLC [Member] | Managing Owner [Member] | Galaxy Plus Fund LLC - 526 Series [Member] | Class EF [Member] | ||
Incentive Fees | 59,454 | |
Management Fees | 7,326 | |
Galaxy Plus Fund LLC [Member] | Managing Owner [Member] | Galaxy Plus Fund LLC - 527 Series [Member] | Class EF [Member] | ||
Incentive Fees | ||
Management Fees | 1,794 | |
Galaxy Plus Fund LLC [Member] | Managing Owner [Member] | Galaxy Plus Fund LLC - 528 Series [Member] | Class EF [Member] | ||
Incentive Fees | 4,090 | |
Management Fees | 2,452 | |
Galaxy Plus Fund LLC [Member] | Managing Owner [Member] | Galaxy Plus Fund LLC - 531 Series [Member] | Class EF [Member] | ||
Incentive Fees | 30,847 | |
Management Fees | 25,815 | |
Galaxy Plus Fund LLC [Member] | Managing Owner [Member] | Galaxy Plus Fund LLC - 532 Series [Member] | Class EF [Member] | ||
Incentive Fees | ||
Management Fees | 421 | |
Galaxy Plus Fund LLC [Member] | Managing Owner [Member] | Galaxy Plus Fund LLC - 535 Series [Member] | Class EF [Member] | ||
Incentive Fees | ||
Management Fees | ||
Galaxy Plus Fund LLC [Member] | Managing Owner [Member] | Galaxy Plus Fund LLC - 538W Series [Member] | Class EF [Member] | ||
Incentive Fees | ||
Management Fees | $ 1,461 |
Transactions with Affiliates 45
Transactions with Affiliates (Details 3) - USD ($) | 12 Months Ended | ||
Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | |
Gross amount paid to the managing owner | $ 1,285,834 | $ 1,347,984 | $ 2,237,965 |
Equinox Frontier Diversified Fund [Member] | Class 1 [Member] | |||
Gross amount paid to the managing owner | $ (3,860) | $ 9,494 | $ 42,063 |
Ratio to average net assets | (0.12%) | 0.12% | 0.26% |
Equinox Frontier Diversified Fund [Member] | Class 2 [Member] | |||
Gross amount paid to the managing owner | $ (19,555) | $ 39,041 | $ 88,023 |
Ratio to average net assets | (0.18%) | 0.11% | 0.26% |
Equinox Frontier Diversified Fund [Member] | Class 3 [Member] | |||
Gross amount paid to the managing owner | $ (7,071) | $ 12,736 | $ 20,751 |
Ratio to average net assets | (0.07%) | 0.10% | 0.25% |
Equinox Frontier Masters Fund [Member] | Class 1 [Member] | |||
Gross amount paid to the managing owner | $ (4,988) | $ 9,336 | $ 27,443 |
Ratio to average net assets | (0.16%) | 0.14% | 0.27% |
Equinox Frontier Masters Fund [Member] | Class 2 [Member] | |||
Gross amount paid to the managing owner | $ (5,113) | $ 9,303 | $ 22,999 |
Ratio to average net assets | (0.14%) | 0.14% | 0.27% |
Equinox Frontier Masters Fund [Member] | Class 3 [Member] | |||
Gross amount paid to the managing owner | $ (5,881) | $ 8,976 | $ 14,793 |
Ratio to average net assets | (0.10%) | 0.13% | 0.27% |
Equinox Frontier Long/Short Commodity Fund [Member] | Class 2 [Member] | |||
Gross amount paid to the managing owner | $ 211 | $ 197 | $ 2,633 |
Ratio to average net assets | 0.07% | 0.02% | 0.22% |
Equinox Frontier Long/Short Commodity Fund [Member] | Class 3 [Member] | |||
Gross amount paid to the managing owner | $ 1,942 | $ 1,391 | $ 15,721 |
Ratio to average net assets | 0.07% | 0.03% | 0.22% |
Equinox Frontier Long/Short Commodity Fund [Member] | Class 1A [Member] | |||
Gross amount paid to the managing owner | $ 533 | $ 1,108 | $ 11,732 |
Ratio to average net assets | 0.24% | 0.03% | 0.22% |
Equinox Frontier Long/Short Commodity Fund [Member] | Class 2A [Member] | |||
Gross amount paid to the managing owner | $ 233 | $ 282 | $ 3,498 |
Ratio to average net assets | 0.05% | 0.02% | 0.22% |
Equinox Frontier Long/Short Commodity Fund [Member] | Class 3A [Member] | |||
Gross amount paid to the managing owner | $ 189 | $ 171 | $ 1,695 |
Ratio to average net assets | 0.02% | 0.02% | 0.21% |
Equinox Frontier Balanced Fund [Member] | Class 1 [Member] | |||
Gross amount paid to the managing owner | $ 204,989 | $ 450,536 | $ 805,984 |
Ratio to average net assets | 0.49% | 0.74% | 1.15% |
Equinox Frontier Balanced Fund [Member] | Class 2 [Member] | |||
Gross amount paid to the managing owner | $ 55,580 | $ 165,519 | $ 278,159 |
Ratio to average net assets | 0.69% | 0.73% | 1.14% |
Equinox Frontier Balanced Fund [Member] | Class 2A [Member] | |||
Gross amount paid to the managing owner | $ 516 | $ 828 | $ 1,311 |
Ratio to average net assets | 0.10% | 0.15% | 0.23% |
Equinox Frontier Balanced Fund [Member] | Class 3A [Member] | |||
Gross amount paid to the managing owner | $ 1,314 | $ 3,650 | $ 5,976 |
Ratio to average net assets | 0.09% | 0.15% | 0.23% |
Equinox Frontier Balanced Fund [Member] | Class 1AP [Member] | |||
Gross amount paid to the managing owner | $ 2,627 | $ 5,135 | $ 8,750 |
Ratio to average net assets | 0.45% | 0.74% | 1.14% |
Equinox Frontier Select Fund [Member] | Class 1 [Member] | |||
Gross amount paid to the managing owner | $ 31,053 | $ 38,569 | $ 65,986 |
Ratio to average net assets | 0.58% | 0.33% | 0.50% |
Equinox Frontier Select Fund [Member] | Class 2 [Member] | |||
Gross amount paid to the managing owner | $ 4,681 | $ 4,752 | $ 7,429 |
Ratio to average net assets | 0.55% | 0.33% | 0.50% |
Equinox Frontier Select Fund [Member] | Class 1AP [Member] | |||
Gross amount paid to the managing owner | $ 94 | $ 135 | $ 244 |
Ratio to average net assets | 1.68% | 0.32% | 0.50% |
Equinox Frontier Winton Fund [Member] | Class 1 [Member] | |||
Gross amount paid to the managing owner | $ 76,277 | $ 315,194 | $ 450,697 |
Ratio to average net assets | 0.59% | 1.39% | 1.77% |
Equinox Frontier Winton Fund [Member] | Class 2 [Member] | |||
Gross amount paid to the managing owner | $ 41,050 | $ 167,500 | $ 209,259 |
Ratio to average net assets | 0.42% | 1.39% | 1.62% |
Equinox Frontier Winton Fund [Member] | Class 1AP [Member] | |||
Gross amount paid to the managing owner | $ 149 | $ 518 | $ 676 |
Ratio to average net assets | 0.43% | 1.39% | 1.77% |
Equinox Frontier Heritage Fund [Member] | Class 1 [Member] | |||
Gross amount paid to the managing owner | $ 40,215 | $ 76,936 | $ 113,684 |
Ratio to average net assets | 0.67% | 0.91% | 1.19% |
Equinox Frontier Heritage Fund [Member] | Class 2 [Member] | |||
Gross amount paid to the managing owner | $ 10,965 | $ 26,337 | $ 37,732 |
Ratio to average net assets | 1.28% | 0.91% | 1.18% |
Equinox Frontier Heritage Fund [Member] | Class 1AP [Member] | |||
Gross amount paid to the managing owner | $ 36 | $ 340 | $ 726 |
Ratio to average net assets | 0.16% | 1.00% | 1.18% |
Series Of Frontier Fund [Member] | |||
Gross amount paid to the managing owner | $ 426,185 | $ 1,347,984 | $ 2,237,964 |
Transactions with Affiliates 46
Transactions with Affiliates (Details 4) - USD ($) | 12 Months Ended | ||
Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | |
Management Fees | $ 1,516,571 | $ 3,235,153 | $ 5,028,224 |
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 510 Series [Member] | |||
Management Fees | 205,512 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 510 Series [Member] | Selling Agent [Member] | |||
Management Fees | 5,680 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 510 Series [Member] | Sponsor [Member] | |||
Management Fees | 6,542 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 516 Series [Member] | |||
Management Fees | 380,232 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 516 Series [Member] | Selling Agent [Member] | |||
Management Fees | 889 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 516 Series [Member] | Sponsor [Member] | |||
Management Fees | 146 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 518 Series [Member] | |||
Management Fees | 184,679 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 518 Series [Member] | Selling Agent [Member] | |||
Management Fees | 952 | ||
Galaxy Plus Fund LLC [Member] | Galaxy Plus Fund LLC - 518 Series [Member] | Sponsor [Member] | |||
Management Fees |
Financial Highlights (Details)
Financial Highlights (Details) - $ / shares | 12 Months Ended | ||||||
Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | |||||
Net investment gain/(loss) | [1] | (5.44%) | (5.50%) | (6.70%) | |||
Expenses before incentive fees | [1],[2] | 5.68% | 4.48% | 4.90% | |||
Expenses after incentive fees | [1],[2] | 5.60% | 5.75% | 7.10% | |||
Total return before incentive fee | [1],[3] | 1.20% | 3.62% | 0.60% | |||
Total return after incentive fee | [1],[3] | 1.29% | 2.35% | (1.60%) | |||
Equinox Frontier Diversified Fund [Member] | Class 1 [Member] | |||||||
Net asset value per unit, Beginning balance | [4] | $ 116.43 | $ 115.52 | $ 113.09 | |||
Interest incomes | [4] | 0.29 | 0.67 | 1.25 | |||
Expenses | [4] | (8.27) | (10.13) | (12.26) | |||
Net gain/(loss) on investments, net of non-controlling interests | [4] | 7.96 | 10.37 | 13.46 | |||
Net income/(loss) | [4] | (0.02) | 0.91 | 2.43 | |||
Net asset value per unit, Ending balance | [4] | $ 116.41 | $ 116.43 | $ 115.52 | |||
Net investment gain/(loss) | (9.18%) | (10.07%) | (9.10%) | [1] | |||
Expenses before incentive fees | [6] | 9.65% | [5] | 8.82% | [5] | 6.60% | [1] |
Expenses after incentive fees | [6] | 9.52% | [5] | 10.83% | [5] | 10.13% | [1] |
Total return before incentive fee | [7] | (0.15%) | 2.79% | 5.68% | [1] | ||
Total return after incentive fee | [7] | (0.02%) | 0.79% | 2.15% | [1] | ||
Equinox Frontier Diversified Fund [Member] | Class 2 [Member] | |||||||
Net asset value per unit, Beginning balance | [4] | $ 132.94 | $ 129.60 | $ 124.67 | |||
Interest incomes | [4] | 0.34 | 0.75 | 1.38 | |||
Expenses | [4] | (4.76) | (7.17) | (10.18) | |||
Net gain/(loss) on investments, net of non-controlling interests | [4] | 6.67 | 9.76 | 13.73 | |||
Net income/(loss) | [4] | 2.25 | 3.34 | 4.93 | |||
Net asset value per unit, Ending balance | [4] | $ 135.19 | $ 132.94 | $ 129.60 | |||
Net investment gain/(loss) | (4.41%) | (5.79%) | (6.56%) | [1] | |||
Expenses before incentive fees | [6] | 4.88% | [5] | 4.54% | [5] | 4.06% | [1] |
Expenses after incentive fees | [6] | 4.75% | [5] | 6.55% | [5] | 7.59% | [1] |
Total return before incentive fee | [7] | 1.56% | 4.58% | 7.49% | [1] | ||
Total return after incentive fee | [7] | 1.69% | 2.58% | 3.95% | [1] | ||
Equinox Frontier Diversified Fund [Member] | Class 3 [Member] | |||||||
Net asset value per unit, Beginning balance | [4] | $ 123.27 | $ 119.87 | $ 115.03 | |||
Interest incomes | [4] | 0.31 | 0.70 | 1.27 | |||
Expenses | [4] | (4.39) | (6.64) | (9.38) | |||
Net gain/(loss) on investments, net of non-controlling interests | [4] | 6.49 | 9.34 | 12.95 | |||
Net income/(loss) | [4] | 2.41 | 3.40 | 4.84 | |||
Net asset value per unit, Ending balance | [4] | $ 125.68 | $ 123.27 | $ 119.87 | |||
Net investment gain/(loss) | (4.41%) | (5.79%) | (6.56%) | [1] | |||
Expenses before incentive fees | [6] | 4.88% | [5] | 4.54% | [5] | 4.06% | [1] |
Expenses after incentive fees | [6] | 4.75% | [5] | 6.55% | [5] | 7.59% | [1] |
Total return before incentive fee | [7] | 1.82% | 4.84% | 7.74% | [1] | ||
Total return after incentive fee | [7] | 1.96% | 2.84% | 4.21% | [1] | ||
Equinox Frontier Masters Fund [Member] | Class 1 [Member] | |||||||
Net asset value per unit, Beginning balance | [4] | $ 112.80 | $ 112.87 | $ 116.61 | |||
Interest incomes | [4] | 0.61 | 0.77 | 1.26 | |||
Expenses | [4] | (9.05) | (9.79) | (11.75) | |||
Net gain/(loss) on investments, net of non-controlling interests | [4] | 10.38 | 8.95 | 6.75 | |||
Net income/(loss) | [4] | 1.94 | (0.07) | (3.74) | |||
Net asset value per unit, Ending balance | [4] | $ 114.74 | $ 112.80 | $ 112.87 | |||
Net investment gain/(loss) | (10.21%) | (9.87%) | (8.92%) | [1] | |||
Expenses before incentive fees | [6] | 10.95% | [5] | 9.54% | [5] | 7.45% | [1] |
Expenses after incentive fees | [6] | 10.95% | [5] | 10.75% | [5] | 9.99% | [1] |
Total return before incentive fee | [7] | 1.72% | 1.15% | (0.67%) | [1] | ||
Total return after incentive fee | [7] | 1.72% | (0.06%) | (3.21%) | [1] | ||
Equinox Frontier Masters Fund [Member] | Class 2 [Member] | |||||||
Net asset value per unit, Beginning balance | [4] | $ 128.78 | $ 126.60 | $ 128.53 | |||
Interest incomes | [4] | 0.70 | 0.87 | 1.39 | |||
Expenses | [4] | (7.54) | (8.07) | (10.13) | |||
Net gain/(loss) on investments, net of non-controlling interests | [4] | 11.33 | 9.38 | 6.81 | |||
Net income/(loss) | [4] | 4.49 | 2.18 | (1.93) | |||
Net asset value per unit, Ending balance | [4] | $ 133.27 | $ 128.78 | $ 126.60 | |||
Net investment gain/(loss) | (7.19%) | (6.84%) | (6.70%) | [1] | |||
Expenses before incentive fees | [6] | 7.93% | [5] | 6.51% | [5] | 5.23% | [1] |
Expenses after incentive fees | [6] | 7.93% | [5] | 7.72% | [5] | 7.77% | [1] |
Total return before incentive fee | [7] | 3.49% | 2.93% | 1.03% | [1] | ||
Total return after incentive fee | [7] | 3.49% | 1.72% | (1.50%) | [1] | ||
Equinox Frontier Masters Fund [Member] | Class 3 [Member] | |||||||
Net asset value per unit, Beginning balance | [4] | $ 119.89 | $ 117.57 | $ 119.06 | |||
Interest incomes | [4] | 0.65 | 0.81 | 1.29 | |||
Expenses | [4] | (6.99) | (7.50) | (9.34) | |||
Net gain/(loss) on investments, net of non-controlling interests | [4] | 10.85 | 9.01 | 6.56 | |||
Net income/(loss) | [4] | 4.51 | 2.32 | (1.49) | |||
Net asset value per unit, Ending balance | [4] | $ 124.40 | $ 119.89 | $ 117.57 | |||
Net investment gain/(loss) | (7.19%) | (6.84%) | (6.70%) | [1] | |||
Expenses before incentive fees | [6] | 7.93% | [5] | 6.51% | [5] | 5.23% | [1] |
Expenses after incentive fees | [6] | 7.93% | [5] | 7.72% | [5] | 7.77% | [1] |
Total return before incentive fee | [7] | 3.76% | 3.18% | 1.28% | [1] | ||
Total return after incentive fee | [7] | 3.76% | 1.97% | (1.25%) | [1] | ||
Equinox Frontier Long/Short Commodity Fund [Member] | Class 2 [Member] | |||||||
Net asset value per unit, Beginning balance | [4] | $ 129.56 | $ 132.10 | $ 138.30 | |||
Interest incomes | [4] | 0 | 0.26 | 1.30 | |||
Expenses | [4] | (3.55) | (5.17) | (10.10) | |||
Net gain/(loss) on investments, net of non-controlling interests | [4] | (10.20) | 2.37 | 2.60 | |||
Net income/(loss) | [4] | (13.75) | (2.54) | (6.20) | |||
Net asset value per unit, Ending balance | [4] | $ 115.81 | $ 129.56 | $ 132.10 | |||
Net investment gain/(loss) | (4.08%) | (4.84%) | (6.03%) | [1] | |||
Expenses before incentive fees | [6] | 4.98% | [5] | 4.68% | [5] | 4.89% | [1] |
Expenses after incentive fees | [6] | 4.08% | [5] | 5.10% | [5] | 6.91% | [1] |
Total return before incentive fee | [7] | (11.52%) | (1.50%) | (2.46%) | [1] | ||
Total return after incentive fee | [7] | (10.61%) | (1.92%) | (4.48%) | [1] | ||
Equinox Frontier Long/Short Commodity Fund [Member] | Class 3 [Member] | |||||||
Net asset value per unit, Beginning balance | [4] | $ 130.80 | $ 132.14 | $ 138.34 | |||
Interest incomes | [4] | 0 | 0.26 | 1.30 | |||
Expenses | [4] | (3.61) | (5.18) | (10.10) | |||
Net gain/(loss) on investments, net of non-controlling interests | [4] | (5.69) | 3.58 | 2.60 | |||
Net income/(loss) | [4] | (9.30) | (1.34) | (6.20) | |||
Net asset value per unit, Ending balance | [4] | $ 121.50 | $ 130.80 | $ 132.14 | |||
Net investment gain/(loss) | (4.08%) | (4.84%) | (6.03%) | [1] | |||
Expenses before incentive fees | [6] | 4.98% | [5] | 4.68% | [5] | 4.89% | [1] |
Expenses after incentive fees | [6] | 4.08% | [5] | 5.10% | [5] | 6.91% | [1] |
Total return before incentive fee | [7] | (8.02%) | (0.60%) | (2.45%) | [1] | ||
Total return after incentive fee | [7] | (7.11%) | (1.01%) | (4.48%) | [1] | ||
Equinox Frontier Long/Short Commodity Fund [Member] | Class 1A [Member] | |||||||
Net asset value per unit, Beginning balance | [4] | $ 92.78 | $ 94.76 | $ 101.12 | |||
Interest incomes | [4] | 0.01 | 0.19 | 0.94 | |||
Expenses | [4] | (4.71) | (5.68) | (9.53) | |||
Net gain/(loss) on investments, net of non-controlling interests | [4] | (6.73) | 3.50 | 2.23 | |||
Net income/(loss) | [4] | (11.43) | (1.98) | (6.36) | |||
Net asset value per unit, Ending balance | [4] | $ 81.35 | $ 92.78 | $ 94.76 | |||
Net investment gain/(loss) | (7.09%) | (7.65%) | (8.11%) | [1] | |||
Expenses before incentive fees | [6] | 7.99% | [5] | 7.49% | [5] | 6.97% | [1] |
Expenses after incentive fees | [6] | 7.09% | [5] | 7.91% | [5] | 9.00% | [1] |
Total return before incentive fee | [7] | (13.23%) | (1.67%) | (4.26%) | [1] | ||
Total return after incentive fee | [7] | (12.32%) | (2.09%) | (6.29%) | [1] | ||
Equinox Frontier Long/Short Commodity Fund [Member] | Class 2A [Member] | |||||||
Net asset value per unit, Beginning balance | [4] | $ 105.67 | $ 106.19 | $ 111.35 | |||
Interest incomes | [4] | (0.01) | 0.20 | 1.04 | |||
Expenses | [4] | (2.89) | (4.17) | (8.12) | |||
Net gain/(loss) on investments, net of non-controlling interests | [4] | (9.18) | 3.46 | 1.92 | |||
Net income/(loss) | [4] | (12.08) | (0.52) | (5.16) | |||
Net asset value per unit, Ending balance | [4] | $ 93.59 | $ 105.67 | $ 106.19 | |||
Net investment gain/(loss) | (4.08%) | (4.84%) | (6.03%) | [1] | |||
Expenses before incentive fees | [6] | 4.98% | [5] | 4.68% | [5] | 4.89% | [1] |
Expenses after incentive fees | [6] | 4.08% | [5] | 5.10% | [5] | 6.91% | [1] |
Total return before incentive fee | [7] | (12.34%) | (0.07%) | (2.61%) | [1] | ||
Total return after incentive fee | [7] | (11.43%) | (0.49%) | (4.63%) | [1] | ||
Equinox Frontier Long/Short Commodity Fund [Member] | Class 3A [Member] | |||||||
Net asset value per unit, Beginning balance | [4] | $ 107.50 | $ 106.86 | $ 111.77 | |||
Interest incomes | [4] | 0 | 0.21 | 1.04 | |||
Expenses | [4] | (2.94) | (4.21) | (8.06) | |||
Net gain/(loss) on investments, net of non-controlling interests | [4] | (6.57) | 4.64 | 2.11 | |||
Net income/(loss) | [4] | (9.51) | 0.64 | (4.91) | |||
Net asset value per unit, Ending balance | [4] | $ 97.99 | $ 107.50 | $ 106.86 | |||
Net investment gain/(loss) | (4.16%) | (4.83%) | (6.03%) | [1] | |||
Expenses before incentive fees | [6] | 5.31% | [5] | 4.63% | [5] | 4.78% | [1] |
Expenses after incentive fees | [6] | 4.16% | [5] | 5.09% | [5] | 6.91% | [1] |
Total return before incentive fee | [7] | (10.00%) | 1.05% | (2.26%) | [1] | ||
Total return after incentive fee | [7] | (8.85%) | 0.60% | (4.39%) | [1] | ||
Equinox Frontier Balanced Fund [Member] | Class 1 [Member] | |||||||
Net asset value per unit, Beginning balance | [4] | $ 134.80 | $ 128.03 | $ 131.54 | |||
Interest incomes | [4] | 0.05 | 0.15 | 0.04 | |||
Expenses | [4] | (8.66) | (8.21) | (8.91) | |||
Net gain/(loss) on investments, net of non-controlling interests | [4] | 9.77 | 14.83 | 5.36 | |||
Net income/(loss) | [4] | 1.16 | 6.77 | (3.51) | |||
Net asset value per unit, Ending balance | [4] | $ 135.96 | $ 134.80 | $ 128.03 | |||
Net investment gain/(loss) | (8.50%) | (7.65%) | (6.50%) | [1] | |||
Expenses before incentive fees | [6] | 8.48% | [5] | 6.20% | [5] | 4.80% | [1] |
Expenses after incentive fees | [6] | 8.54% | [5] | 7.80% | [5] | 6.53% | [1] |
Total return before incentive fee | [7] | 0.92% | 6.89% | (0.94%) | [1] | ||
Total return after incentive fee | [7] | 0.86% | 5.29% | (2.67%) | [1] | ||
Equinox Frontier Balanced Fund [Member] | Class 2 [Member] | |||||||
Net asset value per unit, Beginning balance | [4] | $ 194.99 | $ 179.69 | $ 179.16 | |||
Interest incomes | [4] | 0.07 | 0.21 | 0.06 | |||
Expenses | [4] | (6.80) | (6.04) | (6.65) | |||
Net gain/(loss) on investments, net of non-controlling interests | [4] | 14.64 | 21.13 | 7.12 | |||
Net income/(loss) | [4] | 7.91 | 15.30 | 0.53 | |||
Net asset value per unit, Ending balance | [4] | $ 202.90 | $ 194.99 | $ 179.69 | |||
Net investment gain/(loss) | (4.51%) | (3.62%) | (3.50%) | [1] | |||
Expenses before incentive fees | [6] | 4.49% | [5] | 2.16% | [5] | 1.80% | [1] |
Expenses after incentive fees | [6] | 4.56% | [5] | 3.77% | [5] | 3.53% | [1] |
Total return before incentive fee | [7] | 4.12% | 10.12% | 2.03% | [1] | ||
Total return after incentive fee | [7] | 4.06% | 8.51% | 0.30% | [1] | ||
Equinox Frontier Balanced Fund [Member] | Class 2A [Member] | |||||||
Net asset value per unit, Beginning balance | [4] | $ 169.05 | $ 154.88 | $ 153.02 | |||
Interest incomes | [4] | 0.06 | 0.18 | 0.05 | |||
Expenses | [4] | (5.90) | (5.22) | (5.70) | |||
Net gain/(loss) on investments, net of non-controlling interests | [4] | 12.56 | 19.21 | 7.51 | |||
Net income/(loss) | [4] | 6.72 | 14.17 | 1.86 | |||
Net asset value per unit, Ending balance | [4] | $ 175.77 | $ 169.05 | $ 154.88 | |||
Net investment gain/(loss) | (4.51%) | (3.62%) | (3.50%) | [1] | |||
Expenses before incentive fees | [6] | 4.49% | [5] | 2.16% | [5] | 1.80% | [1] |
Expenses after incentive fees | [6] | 4.56% | [5] | 3.77% | [5] | 3.53% | [1] |
Total return before incentive fee | [7] | 4.04% | 10.75% | 2.95% | [1] | ||
Total return after incentive fee | [7] | 3.98% | 9.15% | 1.22% | [1] | ||
Equinox Frontier Balanced Fund [Member] | Class 3A [Member] | |||||||
Net asset value per unit, Beginning balance | [4] | $ 168.49 | $ 154.37 | $ 152.52 | |||
Interest incomes | [4] | 0.06 | 0.18 | 0.05 | |||
Expenses | [4] | (5.87) | (5.21) | (5.68) | |||
Net gain/(loss) on investments, net of non-controlling interests | [4] | 12.50 | 19.15 | 7.50 | |||
Net income/(loss) | [4] | 6.69 | 14.12 | 1.85 | |||
Net asset value per unit, Ending balance | [4] | $ 175.18 | $ 168.49 | $ 154.37 | |||
Net investment gain/(loss) | (4.51%) | (3.62%) | (3.50%) | [1] | |||
Expenses before incentive fees | [6] | 4.49% | [5] | 2.16% | [5] | 1.80% | [1] |
Expenses after incentive fees | [6] | 4.56% | [5] | 3.77% | [5] | 3.53% | [1] |
Total return before incentive fee | [7] | 4.03% | 10.75% | 2.95% | [1] | ||
Total return after incentive fee | [7] | 3.97% | 9.15% | 1.21% | [1] | ||
Equinox Frontier Balanced Fund [Member] | Class 1AP [Member] | |||||||
Net asset value per unit, Beginning balance | [4] | $ 144.97 | $ 133.59 | $ 133.20 | |||
Interest incomes | [4] | 0.05 | 0.15 | 0.04 | |||
Expenses | [4] | (5.04) | (4.49) | (4.94) | |||
Net gain/(loss) on investments, net of non-controlling interests | [4] | 10.58 | 15.72 | 5.29 | |||
Net income/(loss) | [4] | 5.59 | 11.38 | 0.39 | |||
Net asset value per unit, Ending balance | [4] | $ 150.56 | $ 144.97 | $ 133.59 | |||
Net investment gain/(loss) | (4.51%) | (3.62%) | (3.50%) | [1] | |||
Expenses before incentive fees | [6] | 4.49% | [5] | 2.16% | [5] | 1.80% | [1] |
Expenses after incentive fees | [6] | 4.56% | [5] | 3.77% | [5] | 3.53% | [1] |
Total return before incentive fee | [7] | 3.92% | 10.12% | 2.02% | [1] | ||
Total return after incentive fee | [7] | 3.86% | 8.52% | 0.29% | [1] | ||
Equinox Frontier Select Fund [Member] | Class 1 [Member] | |||||||
Net asset value per unit, Beginning balance | [4] | $ 94.06 | $ 90.35 | $ 95.61 | |||
Interest incomes | [4] | 0 | 0.01 | 0 | |||
Expenses | [4] | (5.33) | (6.11) | (6.63) | |||
Net gain/(loss) on investments, net of non-controlling interests | [4] | 1.54 | 9.81 | 1.37 | |||
Net income/(loss) | [4] | (3.79) | 3.71 | (5.26) | |||
Net asset value per unit, Ending balance | [4] | $ 90.27 | $ 94.06 | $ 90.35 | |||
Net investment gain/(loss) | (8.23%) | (8.44%) | (6.91%) | [1] | |||
Expenses before incentive fees | [6] | 8.23% | [5] | 8.14% | [5] | 5.82% | [1] |
Expenses after incentive fees | [6] | 8.23% | [5] | 8.45% | [5] | 6.91% | [1] |
Total return before incentive fee | [7] | (4.03%) | 4.42% | (4.42%) | [1] | ||
Total return after incentive fee | [7] | (4.03%) | 4.11% | (5.50%) | [1] | ||
Equinox Frontier Select Fund [Member] | Class 2 [Member] | |||||||
Net asset value per unit, Beginning balance | [4] | $ 134.25 | $ 125.11 | $ 128.48 | |||
Interest incomes | [4] | 0 | 0.01 | 0 | |||
Expenses | [4] | (3.98) | (4.37) | (5.11) | |||
Net gain/(loss) on investments, net of non-controlling interests | [4] | 2.46 | 13.50 | 1.74 | |||
Net income/(loss) | [4] | (1.52) | 9.14 | (3.37) | |||
Net asset value per unit, Ending balance | [4] | $ 132.73 | $ 134.25 | $ 125.11 | |||
Net investment gain/(loss) | (4.24%) | (4.24%) | (3.91%) | [1] | |||
Expenses before incentive fees | [6] | 4.24% | [5] | 3.94% | [5] | 2.82% | [1] |
Expenses after incentive fees | [6] | 4.24% | [5] | 4.26% | [5] | 3.91% | [1] |
Total return before incentive fee | [7] | (1.13%) | 7.62% | (1.54%) | [1] | ||
Total return after incentive fee | [7] | (1.13%) | 7.31% | (2.62%) | [1] | ||
Equinox Frontier Select Fund [Member] | Class 1AP [Member] | |||||||
Net asset value per unit, Beginning balance | [4] | $ 101.16 | $ 94.28 | $ 96.82 | |||
Interest incomes | [4] | 0 | 0 | 0 | |||
Expenses | [4] | (2.99) | (3.30) | (3.84) | |||
Net gain/(loss) on investments, net of non-controlling interests | [4] | 1.85 | 10.18 | 1.30 | |||
Net income/(loss) | [4] | (1.14) | 6.88 | (2.54) | |||
Net asset value per unit, Ending balance | [4] | $ 100.02 | $ 101.16 | $ 94.28 | |||
Net investment gain/(loss) | (4.24%) | (4.26%) | (3.91%) | [1] | |||
Expenses before incentive fees | [6] | 4.24% | [5] | 3.94% | [5] | 2.82% | [1] |
Expenses after incentive fees | [6] | 4.24% | [5] | 4.26% | [5] | 3.91% | [1] |
Total return before incentive fee | [7] | (1.13%) | 7.61% | (1.54%) | [1] | ||
Total return after incentive fee | [7] | (1.13%) | 7.30% | (2.62%) | [1] | ||
Equinox Frontier Winton Fund [Member] | Class 1 [Member] | |||||||
Net asset value per unit, Beginning balance | [4] | $ 154.51 | $ 164.17 | $ 175.95 | |||
Interest incomes | [4] | 0.32 | 0.04 | 0 | |||
Expenses | [4] | (13.04) | (12.41) | (15.25) | |||
Net gain/(loss) on investments, net of non-controlling interests | [4] | 17.29 | 2.72 | 3.47 | |||
Net income/(loss) | [4] | 4.57 | (9.66) | (11.78) | |||
Net asset value per unit, Ending balance | [4] | $ 159.08 | $ 154.51 | $ 164.17 | |||
Net investment gain/(loss) | (11.41%) | (9.91%) | (8.74%) | [1] | |||
Expenses before incentive fees | [6] | 11.98% | [5] | 9.66% | [5] | 6.88% | [1] |
Expenses after incentive fees | [6] | 11.69% | [5] | 9.94% | [5] | 8.74% | [1] |
Total return before incentive fee | [7] | 2.67% | (5.60%) | (4.83%) | [1] | ||
Total return after incentive fee | [7] | 2.96% | (5.88%) | (6.70%) | [1] | ||
Equinox Frontier Winton Fund [Member] | Class 2 [Member] | |||||||
Net asset value per unit, Beginning balance | [4] | $ 210.98 | $ 217.51 | $ 226.23 | |||
Interest incomes | [4] | 0.44 | 0.05 | 0 | |||
Expenses | [4] | (11.79) | (9.99) | (13.06) | |||
Net gain/(loss) on investments, net of non-controlling interests | [4] | 16.87 | 3.41 | 4.34 | |||
Net income/(loss) | [4] | 5.52 | (6.53) | (8.72) | |||
Net asset value per unit, Ending balance | [4] | $ 216.50 | $ 210.98 | $ 217.51 | |||
Net investment gain/(loss) | (7.42%) | (5.88%) | (5.74%) | [1] | |||
Expenses before incentive fees | [6] | 8.00% | [5] | 5.63% | [5] | 3.88% | [1] |
Expenses after incentive fees | [6] | 7.71% | [5] | 5.91% | [5] | 5.74% | [1] |
Total return before incentive fee | [7] | 2.33% | (2.72%) | (1.99%) | [1] | ||
Total return after incentive fee | [7] | 2.62% | (3.00%) | (3.85%) | [1] | ||
Equinox Frontier Winton Fund [Member] | Class 1AP [Member] | |||||||
Net asset value per unit, Beginning balance | [4] | $ 166.17 | $ 171.31 | $ 178.18 | |||
Interest incomes | [4] | 0.35 | 0.04 | 0 | |||
Expenses | [4] | (9.32) | (7.86) | (10.28) | |||
Net gain/(loss) on investments, net of non-controlling interests | [4] | 19.24 | 2.68 | 3.41 | |||
Net income/(loss) | [4] | 10.27 | (5.14) | (6.87) | |||
Net asset value per unit, Ending balance | [4] | $ 176.44 | $ 166.17 | $ 171.31 | |||
Net investment gain/(loss) | (7.42%) | (5.88%) | (5.74%) | [1] | |||
Expenses before incentive fees | [6] | 8.00% | [5] | 5.63% | [5] | 3.88% | [1] |
Expenses after incentive fees | [6] | 7.71% | [5] | 5.91% | [5] | 5.74% | [1] |
Total return before incentive fee | [7] | 5.89% | (2.71%) | (1.99%) | [1] | ||
Total return after incentive fee | [7] | 6.18% | (3.00%) | (3.86%) | [1] | ||
Equinox Frontier Heritage Fund [Member] | Class 1 [Member] | |||||||
Net asset value per unit, Beginning balance | [4] | $ 119.58 | $ 124.27 | $ 130.28 | |||
Interest incomes | [4] | 0 | 0.02 | 0 | |||
Expenses | [4] | (9.12) | (7.76) | (9.27) | |||
Net gain/(loss) on investments, net of non-controlling interests | [4] | 10.73 | 3.05 | 3.26 | |||
Net income/(loss) | [4] | 1.61 | (4.69) | (6.01) | |||
Net asset value per unit, Ending balance | [4] | $ 121.19 | $ 119.58 | $ 124.27 | |||
Net investment gain/(loss) | (10.67%) | (8.17%) | (6.97%) | [1] | |||
Expenses before incentive fees | [6] | 10.73% | [5] | 8.11% | [5] | 5.94% | [1] |
Expenses after incentive fees | [6] | 10.67% | [5] | 8.19% | [5] | 6.97% | [1] |
Total return before incentive fee | [7] | 1.29% | (3.69%) | (3.58%) | [1] | ||
Total return after incentive fee | [7] | 1.35% | (3.77%) | (4.61%) | [1] | ||
Equinox Frontier Heritage Fund [Member] | Class 2 [Member] | |||||||
Net asset value per unit, Beginning balance | [4] | $ 172.10 | $ 173.54 | $ 176.56 | |||
Interest incomes | [4] | 0 | 0.02 | 0 | |||
Expenses | [4] | (8.35) | (5.60) | (7.26) | |||
Net gain/(loss) on investments, net of non-controlling interests | [4] | 15.95 | 4.14 | 4.24 | |||
Net income/(loss) | [4] | 7.60 | (1.44) | (3.02) | |||
Net asset value per unit, Ending balance | [4] | $ 179.70 | $ 172.10 | $ 173.54 | |||
Net investment gain/(loss) | (6.68%) | (4.14%) | (3.97%) | [1] | |||
Expenses before incentive fees | [6] | 6.74% | [5] | 4.07% | [5] | 2.94% | [1] |
Expenses after incentive fees | [6] | 6.68% | [5] | 4.15% | [5] | 3.97% | [1] |
Total return before incentive fee | [7] | 4.36% | (0.75%) | (0.68%) | [1] | ||
Total return after incentive fee | [7] | 4.42% | (0.83%) | (1.71%) | [1] | ||
Equinox Frontier Heritage Fund [Member] | Class 1AP [Member] | |||||||
Net asset value per unit, Beginning balance | [4] | $ 128.60 | $ 129.67 | $ 131.93 | |||
Interest incomes | [4] | 0 | 0 | 0 | |||
Expenses | [4] | (6.22) | (4.25) | (5.42) | |||
Net gain/(loss) on investments, net of non-controlling interests | [4] | 11.90 | 3.18 | 3.16 | |||
Net income/(loss) | [4] | 5.68 | (1.07) | (2.26) | |||
Net asset value per unit, Ending balance | [4] | $ 134.28 | $ 128.60 | $ 129.67 | |||
Net investment gain/(loss) | (6.68%) | (4.15%) | (3.97%) | [1] | |||
Expenses before incentive fees | [6] | 6.74% | [5] | 4.07% | [5] | 2.94% | [1] |
Expenses after incentive fees | [6] | 6.68% | [5] | 4.15% | [5] | 3.97% | [1] |
Total return before incentive fee | [7] | 4.36% | (0.75%) | (0.68%) | [1] | ||
Total return after incentive fee | [7] | 4.42% | (0.83%) | (1.71%) | [1] | ||
Frontier Trading Company I, LLC [Member] | |||||||
Net investment gain/(loss) | 0.33% | (0.01%) | (0.11%) | ||||
Total return after incentive fee | (6.34%) | 19.51% | 63.74% | ||||
Frontier Trading Company II LLC [Member] | |||||||
Net investment gain/(loss) | 0.36% | 0.04% | 0.02% | ||||
Total return after incentive fee | 37.39% | 36.78% | 67.48% | ||||
Frontier Trading Company VII, LLC [Member] | |||||||
Net investment gain/(loss) | [8] | 0.00% | 0.05% | (0.02%) | |||
Total return after incentive fee | [8] | 0.00% | 145.34% | 117.20% | |||
Frontier Trading Company XIV, LLC [Member] | |||||||
Net investment gain/(loss) | [9] | 0.00% | 0.11% | (0.01%) | |||
Total return after incentive fee | [9] | 0.00% | 75.41% | (27.64%) | |||
Frontier Trading Company XV, LLC [Member] | |||||||
Net investment gain/(loss) | [10] | 0.00% | 0.01% | 0.01% | |||
Total return after incentive fee | [10] | (10.32%) | 32.45% | (0.93%) | |||
Frontier Trading Company XXIII, LLC [Member] | |||||||
Net investment gain/(loss) | [11] | 0.00% | (0.42%) | (0.45%) | |||
Total return after incentive fee | [11] | 0.00% | (99.99%) | 48.44% | |||
Frontier Trading Company XXIX, LLC [Member] | |||||||
Net investment gain/(loss) | [12] | 0.00% | 0.06% | (0.04%) | |||
Total return after incentive fee | [12] | 0.00% | (100.00%) | (56.27%) | |||
Frontier Trading Company XXXIV LLC [Member] | |||||||
Net investment gain/(loss) | 0.00% | 0.00% | 0.00% | ||||
Total return after incentive fee | 7.25% | 5.02% | 5.57% | ||||
Frontier Trading Company XXXV LLC [Member] | |||||||
Net investment gain/(loss) | 0.00% | 0.00% | (0.02%) | ||||
Total return after incentive fee | 0.63% | 2.30% | 1.43% | ||||
Frontier Trading Company XXXVII LLC [Member] | |||||||
Net investment gain/(loss) | 0.00% | 0.00% | 0.00% | ||||
Total return after incentive fee | (1.23%) | 7.97% | 32.20% | ||||
Frontier Trading Company XXXVIII ,LLC [Member] | |||||||
Net investment gain/(loss) | 0.00% | 0.00% | 0.00% | ||||
Total return after incentive fee | 14.83% | (2.57%) | (2.86%) | ||||
Frontier Trading Company XXXIX LLC [Member] | |||||||
Net investment gain/(loss) | 0.00% | (0.02%) | (0.04%) | ||||
Total return after incentive fee | (5.85%) | (71.58%) | (58.46%) | ||||
Galaxy Plus Fund LLC [Member] | Class A [Member] | Galaxy Plus Fund LLC - 510 Series [Member] | |||||||
Net investment gain/(loss) | [13] | (2.27%) | |||||
Expenses before incentive fees | [14] | 2.34% | |||||
Incentive Fee | [14] | 0.11% | |||||
Expenses after incentive fees | [14] | 2.45% | |||||
Total return before incentive fee | 6.18% | ||||||
Incentive Fees | (0.11%) | ||||||
Total return after incentive fee | [15] | 6.07% | |||||
Galaxy Plus Fund LLC [Member] | Class A [Member] | Galaxy Plus Fund LLC - 526 Series [Member] | |||||||
Net investment gain/(loss) | [13] | (5.64%) | |||||
Expenses before incentive fees | [14] | 0.94% | |||||
Incentive Fee | [14] | 4.79% | |||||
Expenses after incentive fees | [14] | 5.73% | |||||
Total return before incentive fee | 28.51% | ||||||
Incentive Fees | (4.79%) | ||||||
Total return after incentive fee | [15] | 23.72% | |||||
Galaxy Plus Fund LLC [Member] | Class B [Member] | Galaxy Plus Fund LLC - 510 Series [Member] | |||||||
Net investment gain/(loss) | [13],[16] | (6.38%) | |||||
Expenses before incentive fees | [14],[16] | 5.31% | |||||
Incentive Fee | [14] | 1.57% | |||||
Expenses after incentive fees | [14] | 6.88% | |||||
Total return before incentive fee | 7.93% | ||||||
Incentive Fees | (1.57%) | ||||||
Total return after incentive fee | [15] | 6.36% | |||||
Galaxy Plus Fund LLC [Member] | Class B [Member] | Galaxy Plus Fund LLC - 526 Series [Member] | |||||||
Net investment gain/(loss) | [13],[16] | (3.09%) | |||||
Expenses before incentive fees | [14],[16] | 1.59% | |||||
Incentive Fee | [14] | 1.51% | |||||
Expenses after incentive fees | [14] | 3.10% | |||||
Total return before incentive fee | 4.78% | ||||||
Incentive Fees | (1.51%) | ||||||
Total return after incentive fee | [15] | 3.27% | |||||
Galaxy Plus Fund LLC [Member] | Class C [Member] | Galaxy Plus Fund LLC - 510 Series [Member] | |||||||
Net investment gain/(loss) | [13] | (9.00%) | |||||
Expenses before incentive fees | [14] | 7.42% | |||||
Incentive Fee | [14] | 2.08% | |||||
Expenses after incentive fees | [14] | 9.50% | |||||
Total return before incentive fee | 12.23% | ||||||
Incentive Fees | (2.08%) | ||||||
Total return after incentive fee | [15] | 10.15% | |||||
Galaxy Plus Fund LLC [Member] | Class C [Member] | Galaxy Plus Fund LLC - 516 Series [Member] | |||||||
Net investment gain/(loss) | [13],[16] | (8.86%) | |||||
Expenses before incentive fees | [14],[16] | 8.86% | |||||
Incentive Fee | [14] | 0.00% | |||||
Expenses after incentive fees | [14] | 8.86% | |||||
Total return before incentive fee | (9.99%) | ||||||
Incentive Fees | 0.00% | ||||||
Total return after incentive fee | [15] | (9.99%) | |||||
Galaxy Plus Fund LLC [Member] | Class C [Member] | Galaxy Plus Fund LLC - 518 Series [Member] | |||||||
Net investment gain/(loss) | [13],[16] | (5.53%) | |||||
Expenses before incentive fees | [14],[16] | 5.77% | |||||
Incentive Fee | [14] | 0.00% | |||||
Expenses after incentive fees | [14] | 5.77% | |||||
Total return before incentive fee | 3.11% | ||||||
Incentive Fees | 0.00% | ||||||
Total return after incentive fee | [15] | 3.11% | |||||
Galaxy Plus Fund LLC [Member] | Class C [Member] | Galaxy Plus Fund LLC - 526 Series [Member] | |||||||
Net investment gain/(loss) | [13] | (4.18%) | |||||
Expenses before incentive fees | [14] | 1.69% | |||||
Incentive Fee | [14] | 2.54% | |||||
Expenses after incentive fees | [14] | 4.23% | |||||
Total return before incentive fee | 24.34% | ||||||
Incentive Fees | (2.54%) | ||||||
Total return after incentive fee | [15] | 21.80% | |||||
Galaxy Plus Fund LLC [Member] | Class EF [Member] | Galaxy Plus Fund LLC - 510 Series [Member] | |||||||
Net investment gain/(loss) | [13] | (3.01%) | |||||
Expenses before incentive fees | [14] | 2.37% | |||||
Incentive Fee | [14] | 1.14% | |||||
Expenses after incentive fees | [14] | 3.51% | |||||
Total return before incentive fee | 22.27% | ||||||
Incentive Fees | (1.14%) | ||||||
Total return after incentive fee | [15] | 21.13% | |||||
Galaxy Plus Fund LLC [Member] | Class EF [Member] | Galaxy Plus Fund LLC - 516 Series [Member] | |||||||
Net investment gain/(loss) | [13] | (18.83%) | |||||
Expenses before incentive fees | [14] | 5.44% | |||||
Incentive Fee | [14] | 13.39% | |||||
Expenses after incentive fees | [14] | 18.83% | |||||
Total return before incentive fee | 43.89% | ||||||
Incentive Fees | (13.39%) | ||||||
Total return after incentive fee | [15] | 30.50% | |||||
Galaxy Plus Fund LLC [Member] | Class EF [Member] | Galaxy Plus Fund LLC - 517 Series [Member] | |||||||
Net investment gain/(loss) | [13] | (4.84%) | |||||
Expenses before incentive fees | [14] | 4.84% | |||||
Incentive Fee | [14] | 0.00% | |||||
Expenses after incentive fees | [14] | 4.84% | |||||
Total return before incentive fee | (7.66%) | ||||||
Incentive Fees | 0.00% | ||||||
Total return after incentive fee | [15] | (7.66%) | |||||
Galaxy Plus Fund LLC [Member] | Class EF [Member] | Galaxy Plus Fund LLC - 518 Series [Member] | |||||||
Net investment gain/(loss) | [13] | (3.70%) | |||||
Expenses before incentive fees | [14] | 3.86% | |||||
Incentive Fee | [14] | 0.00% | |||||
Expenses after incentive fees | [14] | 3.86% | |||||
Total return before incentive fee | 9.76% | ||||||
Incentive Fees | 0.00% | ||||||
Total return after incentive fee | [15] | 9.76% | |||||
Galaxy Plus Fund LLC [Member] | Class EF [Member] | Galaxy Plus Fund LLC - 522 Series [Member] | |||||||
Net investment gain/(loss) | [13] | (10.24%) | |||||
Expenses before incentive fees | [14] | 10.24% | |||||
Incentive Fee | [14] | 0.00% | |||||
Expenses after incentive fees | [14] | 10.24% | |||||
Total return before incentive fee | (50.89%) | ||||||
Incentive Fees | 0.00% | ||||||
Total return after incentive fee | [15] | (50.89%) | |||||
Galaxy Plus Fund LLC [Member] | Class EF [Member] | Galaxy Plus Fund LLC - 526 Series [Member] | |||||||
Net investment gain/(loss) | [13] | (13.73%) | |||||
Expenses before incentive fees | [14] | 2.70% | |||||
Incentive Fee | [14] | 11.07% | |||||
Expenses after incentive fees | [14] | 13.77% | |||||
Total return before incentive fee | 38.72% | ||||||
Incentive Fees | (11.07%) | ||||||
Total return after incentive fee | [15] | 27.65% | |||||
Galaxy Plus Fund LLC [Member] | Class EF [Member] | Galaxy Plus Fund LLC - 527 Series [Member] | |||||||
Net investment gain/(loss) | [13] | (2.72%) | |||||
Expenses before incentive fees | [14] | 3.06% | |||||
Incentive Fee | [14] | 0.00% | |||||
Expenses after incentive fees | [14] | 3.06% | |||||
Total return before incentive fee | (4.04%) | ||||||
Incentive Fees | 0.00% | ||||||
Total return after incentive fee | [15] | (4.04%) | |||||
Galaxy Plus Fund LLC [Member] | Class EF [Member] | Galaxy Plus Fund LLC - 528 Series [Member] | |||||||
Net investment gain/(loss) | [13] | (3.31%) | |||||
Expenses before incentive fees | [14] | 1.98% | |||||
Incentive Fee | [14] | 1.33% | |||||
Expenses after incentive fees | [14] | 3.31% | |||||
Total return before incentive fee | 4.78% | ||||||
Incentive Fees | (1.33%) | ||||||
Total return after incentive fee | [15] | 3.45% | |||||
Galaxy Plus Fund LLC [Member] | Class EF [Member] | Galaxy Plus Fund LLC - 531 Series [Member] | |||||||
Net investment gain/(loss) | [13],[16] | (5.75%) | |||||
Expenses before incentive fees | [14],[16] | 6.00% | |||||
Incentive Fee | [14] | 0.20% | |||||
Expenses after incentive fees | [14] | 6.20% | |||||
Total return before incentive fee | 9.92% | ||||||
Incentive Fees | (0.20%) | ||||||
Total return after incentive fee | [15] | 9.72% | |||||
Galaxy Plus Fund LLC [Member] | Class EF [Member] | Galaxy Plus Fund LLC - 532 Series [Member] | |||||||
Net investment gain/(loss) | [13] | (3.43%) | |||||
Expenses before incentive fees | [14] | 3.43% | |||||
Incentive Fee | [14] | 0.01% | |||||
Expenses after incentive fees | [14] | 3.44% | |||||
Total return before incentive fee | 1.14% | ||||||
Incentive Fees | (0.01%) | ||||||
Total return after incentive fee | [15] | 1.13% | |||||
Galaxy Plus Fund LLC [Member] | Class EF [Member] | Galaxy Plus Fund LLC - 535 Series [Member] | |||||||
Net investment gain/(loss) | [13] | (2.67%) | |||||
Expenses before incentive fees | [14] | 2.82% | |||||
Incentive Fee | [14] | 0.00% | |||||
Expenses after incentive fees | [14] | 2.82% | |||||
Total return before incentive fee | (8.09%) | ||||||
Incentive Fees | 0.00% | ||||||
Total return after incentive fee | [15] | (8.09%) | |||||
Galaxy Plus Fund LLC [Member] | Class EF [Member] | Galaxy Plus Fund LLC - 538W Series [Member] | |||||||
Net investment gain/(loss) | [13],[16] | (3.66%) | |||||
Expenses before incentive fees | [14],[16] | 2.59% | |||||
Incentive Fee | [14] | 1.15% | |||||
Expenses after incentive fees | [14] | 3.74% | |||||
Total return before incentive fee | 3.51% | ||||||
Incentive Fees | (1.15%) | ||||||
Total return after incentive fee | [15] | 2.36% | |||||
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | |||||||
Net investment gain/(loss) | [17],[18] | 0.33% | |||||
Expenses after incentive fees | [18] | 0.00% | |||||
Total return after incentive fee | [15] | 5.24% | |||||
Galaxy Plus Fund - Chesapeake Master Fund (518) LLC [Member] | |||||||
Net investment gain/(loss) | [17],[18] | 0.18% | |||||
Expenses after incentive fees | [18] | 0.00% | |||||
Total return after incentive fee | [15] | 15.58% | |||||
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | |||||||
Net investment gain/(loss) | [17],[18] | ||||||
Expenses after incentive fees | [18] | ||||||
Total return after incentive fee | [15] | 6.98% | |||||
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | |||||||
Net investment gain/(loss) | [17],[18] | ||||||
Expenses after incentive fees | [18] | ||||||
Total return after incentive fee | [15] | 55.42% | |||||
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | |||||||
Net investment gain/(loss) | [17],[18] | ||||||
Expenses after incentive fees | [18] | ||||||
Total return after incentive fee | [15] | 25.34% | |||||
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | |||||||
Net investment gain/(loss) | [17],[18] | ||||||
Expenses after incentive fees | [18] | ||||||
Total return after incentive fee | [15] | (44.37%) | |||||
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | |||||||
Net investment gain/(loss) | [17],[18] | ||||||
Expenses after incentive fees | [18] | ||||||
Total return after incentive fee | [15] | 42.66% | |||||
Galaxy Plus Fund - Quantmetrics Master Fund (527) LLC [Member] | |||||||
Net investment gain/(loss) | [17],[18] | 0.34% | |||||
Expenses after incentive fees | [18] | ||||||
Total return after incentive fee | [15] | (0.91%) | |||||
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | |||||||
Net investment gain/(loss) | [17],[18] | (0.04%) | |||||
Expenses after incentive fees | [18] | 0.04% | |||||
Total return after incentive fee | [15] | (1.91%) | |||||
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | |||||||
Net investment gain/(loss) | [17],[18] | 0.13% | |||||
Expenses after incentive fees | [18] | 0.00% | |||||
Total return after incentive fee | [15] | (5.46%) | |||||
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | |||||||
Net investment gain/(loss) | [17],[18] | 0.45% | |||||
Expenses after incentive fees | [18] | 0.00% | |||||
Total return after incentive fee | [15] | 14.51% | |||||
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | |||||||
Net investment gain/(loss) | [17],[18] | 0.08% | |||||
Expenses after incentive fees | [18] | 0.00% | |||||
Total return after incentive fee | [15] | 5.60% | |||||
[1] | Annualized with the exception of incentive fees. | ||||||
[2] | Expense ratios do not reflect interest allocated to the Managing Owner as such expenses are not included in the Consolidated Statements of Operations of the Trust. See footnote 5. | ||||||
[3] | Total returns are not annualized. | ||||||
[4] | Interest income and expenses per unit are calculated by dividing these amounts by the average number of units outstanding during the period. The net gain/(loss) on investments, net of non-controlling interests is a balancing amount necessary to reconcile the change in net asset value per unit with the other per unit information. | ||||||
[5] | Expense ratios do not include management and incentive fees at the Galaxy Plus entities. The ratios would have been higher had those expenses been included. The impact of those fees are included in the total return. | ||||||
[6] | Expense ratios do not reflect interest allocated to the Managing Owner as such expenses are not included in the Statements of Operations of the Series, see footnote 6. | ||||||
[7] | Impact of incentive fee computed using average net assets, otherwise computed using average units outstanding during the period prior to the effects of any non-controlling transactions. An owner's total returns may vary from the above returns based on the timing of contributions and withdrawals. Total returns are not annualized. | ||||||
[8] | Trading Company VII ceased trading operations April 28, 2016 | ||||||
[9] | Trading Company XIV ceased trading operations April 21, 2016 | ||||||
[10] | Trading Company XV ceased trading operations May 9, 2017 | ||||||
[11] | Trading Company XXIII ceased trading operations July 22, 2016 | ||||||
[12] | Trading Company XXIX ceased trading operations January 29, 2016 | ||||||
[13] | The net investment income/ (loss) ratio excludes net realized and unrealized gains (losses) on investments. | ||||||
[14] | The total expense and net investment income (loss) ratios are computed based upon weighted-average members' equity as a whole for the periods ended December 31, 2017. | ||||||
[15] | Total return is based on the change in average members' equity during the period of a theoretical investment made at the inception of the Fund. | ||||||
[16] | Ratios annualized for partial periods. | ||||||
[17] | The net investment income ratio excludes net realized and unrealized gains (losses) on investments. | ||||||
[18] | The total expense and net investment income ratios are computed based upon weighted-average member's equity as a whole for the year ended December 31, 2017. |
Derivative Instruments and He48
Derivative Instruments and Hedging Activities (Details) - Contract | 12 Months Ended | ||
Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | |
Derivative Numbers of Instruments Bought | 7,078 | 6,617 | 40,214 |
Derivative Numbers of Instruments Sold | 7,179 | 6,576 | 40,589 |
Equinox Frontier Balanced Fund [Member] | |||
Derivative Numbers of Instruments Bought | 1,070 | 3,551 | 5,930 |
Derivative Numbers of Instruments Sold | 1,008 | 3,667 | 6,000 |
Equinox Frontier Select Fund [Member] | |||
Derivative Numbers of Instruments Bought | 4,019 | 2,403 | 2,213 |
Derivative Numbers of Instruments Sold | 4,191 | 2,134 | 2,285 |
Equinox Frontier Winton Fund [Member] | |||
Derivative Numbers of Instruments Bought | 1,998 | 646 | 629 |
Derivative Numbers of Instruments Sold | 1,980 | 768 | 697 |
Equinox Frontier Long/Short Commodity Fund [Member] | |||
Derivative Numbers of Instruments Bought | 17 | ||
Derivative Numbers of Instruments Sold | 7 | ||
Equinox Frontier Diversified Fund [Member] | |||
Derivative Numbers of Instruments Bought | 7,657 | ||
Derivative Numbers of Instruments Sold | 7,698 | ||
Frontier Trading Company I, LLC [Member] | |||
Derivative Numbers of Instruments Bought | 1,070 | 18,202 | 14,894 |
Derivative Numbers of Instruments Sold | 1,008 | 18,243 | 15,185 |
Frontier Trading Company II LLC [Member] | |||
Derivative Numbers of Instruments Bought | 1,998 | 2,082 | 1,508 |
Derivative Numbers of Instruments Sold | 1,980 | 2,130 | 1,597 |
Frontier Trading Company XV, LLC [Member] | |||
Derivative Numbers of Instruments Bought | 4,019 | 4,154 | 2,153 |
Derivative Numbers of Instruments Sold | 4,191 | 4,001 | 2,225 |
Frontier Trading Company VII, LLC [Member] | |||
Derivative Numbers of Instruments Bought | 3,085 | 13,402 | |
Derivative Numbers of Instruments Sold | 3,086 | 13,274 | |
Frontier Trading Company XIV, LLC [Member] | |||
Derivative Numbers of Instruments Bought | 795 | 1,338 | |
Derivative Numbers of Instruments Sold | 803 | 1,359 | |
Frontier Trading Company XXIII, LLC [Member] | |||
Derivative Numbers of Instruments Bought | 1,682 | 2,926 | |
Derivative Numbers of Instruments Sold | 1,615 | 2,962 | |
Frontier Trading Company XXIX, LLC [Member] | |||
Derivative Numbers of Instruments Bought | 64 | 526 | |
Derivative Numbers of Instruments Sold | 71 | 537 | |
Frontier Trading Company XXXVIII ,LLC [Member] | |||
Derivative Numbers of Instruments Bought | 1,341 | 1,275 | |
Derivative Numbers of Instruments Sold | 1,208 | 1,349 | |
Frontier Trading Company XXXIV LLC [Member] | |||
Derivative Numbers of Instruments Bought | 972 | ||
Derivative Numbers of Instruments Sold | 972 |
Derivative Instruments and He49
Derivative Instruments and Hedging Activities (Details 2) - USD ($) | 12 Months Ended | |||
Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | ||
Realized Trading Revenue from Futures, Forwards and Options | $ 14,145,026 | |||
Equinox Frontier Diversified Fund [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 3,951,904 | $ 3,319,746 | $ 6,525,696 | |
Realized Trading Revenue [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | [1] | 3,791,851 | 4,588,561 | 34,717,764 |
Realized Trading Revenue [Member] | Metals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (1,881,246) | (6,470,215) | 2,815,290 | |
Realized Trading Revenue [Member] | Currency [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (1,881,971) | (325,860) | 20,181 | |
Realized Trading Revenue [Member] | Energy [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (1,506,874) | (1,704,062) | 24,010,764 | |
Realized Trading Revenue [Member] | Agriculturals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 308,770 | (1,356,271) | (1,076,371) | |
Realized Trading Revenue [Member] | Interest [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (2,849,356) | 15,051,999 | 7,698,430 | |
Realized Trading Revenue [Member] | Index [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 11,602,528 | (607,029) | 1,249,470 | |
Realized Trading Revenue [Member] | Equinox Frontier Balanced Fund [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | [1] | (381,817) | 3,778,432 | (164,986) |
Realized Trading Revenue [Member] | Equinox Frontier Balanced Fund [Member] | Metals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (134,275) | 182,563 | (1,177,902) | |
Realized Trading Revenue [Member] | Equinox Frontier Balanced Fund [Member] | Currency [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 131,422 | (13,492) | (1,439,511) | |
Realized Trading Revenue [Member] | Equinox Frontier Balanced Fund [Member] | Energy [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 108,921 | (486,968) | 1,689,728 | |
Realized Trading Revenue [Member] | Equinox Frontier Balanced Fund [Member] | Agriculturals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (551,945) | 104,957 | (713,403) | |
Realized Trading Revenue [Member] | Equinox Frontier Balanced Fund [Member] | Interest [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (381,197) | 5,052,510 | 2,060,482 | |
Realized Trading Revenue [Member] | Equinox Frontier Balanced Fund [Member] | Index [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 445,257 | (1,061,138) | (584,380) | |
Realized Trading Revenue [Member] | Equinox Frontier Select Fund [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | [1] | (148,184) | 2,106,971 | 1,385,609 |
Realized Trading Revenue [Member] | Equinox Frontier Select Fund [Member] | Metals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (143,520) | (410,694) | 318,485 | |
Realized Trading Revenue [Member] | Equinox Frontier Select Fund [Member] | Currency [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (290,393) | 900,699 | (1,139,499) | |
Realized Trading Revenue [Member] | Equinox Frontier Select Fund [Member] | Energy [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (485,509) | (341,104) | 2,554,163 | |
Realized Trading Revenue [Member] | Equinox Frontier Select Fund [Member] | Agriculturals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 162,919 | (239,338) | (430,337) | |
Realized Trading Revenue [Member] | Equinox Frontier Select Fund [Member] | Interest [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (894,051) | 1,821,479 | 465,975 | |
Realized Trading Revenue [Member] | Equinox Frontier Select Fund [Member] | Index [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 1,502,370 | 375,929 | (383,178) | |
Realized Trading Revenue [Member] | Equinox Frontier Winton Fund [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | [1] | 4,430,276 | 592,863 | 3,365,969 |
Realized Trading Revenue [Member] | Equinox Frontier Winton Fund [Member] | Metals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (1,595,961) | (2,388,858) | 1,193,164 | |
Realized Trading Revenue [Member] | Equinox Frontier Winton Fund [Member] | Currency [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (1,676,434) | 2,423,468 | (708,080) | |
Realized Trading Revenue [Member] | Equinox Frontier Winton Fund [Member] | Energy [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (1,185,513) | (1,997,815) | 4,578,349 | |
Realized Trading Revenue [Member] | Equinox Frontier Winton Fund [Member] | Agriculturals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 727,130 | (645,570) | 163,315 | |
Realized Trading Revenue [Member] | Equinox Frontier Winton Fund [Member] | Interest [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (1,522,362) | 3,484,057 | 2,023,333 | |
Realized Trading Revenue [Member] | Equinox Frontier Winton Fund [Member] | Index [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 9,683,416 | (282,419) | (3,884,112) | |
Realized Trading Revenue [Member] | Equinox Frontier Long/Short Commodity Fund [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | [1] | (90,214) | ||
Realized Trading Revenue [Member] | Equinox Frontier Long/Short Commodity Fund [Member] | Metals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (34,888) | |||
Realized Trading Revenue [Member] | Equinox Frontier Long/Short Commodity Fund [Member] | Currency [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | ||||
Realized Trading Revenue [Member] | Equinox Frontier Long/Short Commodity Fund [Member] | Energy [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 62,750 | |||
Realized Trading Revenue [Member] | Equinox Frontier Long/Short Commodity Fund [Member] | Agriculturals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (118,076) | |||
Realized Trading Revenue [Member] | Equinox Frontier Long/Short Commodity Fund [Member] | Interest [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | ||||
Realized Trading Revenue [Member] | Equinox Frontier Long/Short Commodity Fund [Member] | Index [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | ||||
Realized Trading Revenue [Member] | Equinox Frontier Diversified Fund [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | [1] | 8,599,684 | ||
Realized Trading Revenue [Member] | Equinox Frontier Diversified Fund [Member] | Metals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (290,825) | |||
Realized Trading Revenue [Member] | Equinox Frontier Diversified Fund [Member] | Currency [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 1,383,673 | |||
Realized Trading Revenue [Member] | Equinox Frontier Diversified Fund [Member] | Energy [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 583,688 | |||
Realized Trading Revenue [Member] | Equinox Frontier Diversified Fund [Member] | Agriculturals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (393,721) | |||
Realized Trading Revenue [Member] | Equinox Frontier Diversified Fund [Member] | Interest [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 4,591,068 | |||
Realized Trading Revenue [Member] | Equinox Frontier Diversified Fund [Member] | Index [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 2,725,801 | |||
Realized Trading Revenue [Member] | Frontier Trading Company I, LLC [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | [1] | (381,912) | 4,710,217 | 11,657,257 |
Realized Trading Revenue [Member] | Frontier Trading Company I, LLC [Member] | Metals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (134,275) | (570,904) | 638,640 | |
Realized Trading Revenue [Member] | Frontier Trading Company I, LLC [Member] | Currency [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 131,327 | (1,134,947) | 1,473,437 | |
Realized Trading Revenue [Member] | Frontier Trading Company I, LLC [Member] | Energy [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 108,921 | (540,962) | 3,075,926 | |
Realized Trading Revenue [Member] | Frontier Trading Company I, LLC [Member] | Agriculturals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (551,945) | (793,888) | (618,275) | |
Realized Trading Revenue [Member] | Frontier Trading Company I, LLC [Member] | Interest [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (381,197) | 6,698,984 | 4,813,887 | |
Realized Trading Revenue [Member] | Frontier Trading Company I, LLC [Member] | Index [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 445,257 | 1,051,934 | 2,273,642 | |
Realized Trading Revenue [Member] | Frontier Trading Company II LLC [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | [1] | 4,333,688 | 618,478 | 6,920,344 |
Realized Trading Revenue [Member] | Frontier Trading Company II LLC [Member] | Metals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (1,603,451) | (2,388,857) | 412,683 | |
Realized Trading Revenue [Member] | Frontier Trading Company II LLC [Member] | Currency [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (1,711,164) | 2,449,081 | (346,462) | |
Realized Trading Revenue [Member] | Frontier Trading Company II LLC [Member] | Energy [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (1,130,286) | (1,997,815) | 3,898,848 | |
Realized Trading Revenue [Member] | Frontier Trading Company II LLC [Member] | Agriculturals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 697,796 | (645,570) | 295,065 | |
Realized Trading Revenue [Member] | Frontier Trading Company II LLC [Member] | Interest [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (1,574,108) | 3,484,057 | 4,204,957 | |
Realized Trading Revenue [Member] | Frontier Trading Company II LLC [Member] | Index [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 9,654,901 | (282,419) | (1,544,747) | |
Realized Trading Revenue [Member] | Frontier Trading Company XV, LLC [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | [1] | (148,184) | 2,092,044 | 1,385,257 |
Realized Trading Revenue [Member] | Frontier Trading Company XV, LLC [Member] | Metals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (143,520) | (410,694) | 318,485 | |
Realized Trading Revenue [Member] | Frontier Trading Company XV, LLC [Member] | Currency [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (290,393) | 885,773 | (1,140,254) | |
Realized Trading Revenue [Member] | Frontier Trading Company XV, LLC [Member] | Energy [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (485,509) | (341,104) | 2,554,164 | |
Realized Trading Revenue [Member] | Frontier Trading Company XV, LLC [Member] | Agriculturals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 162,919 | (239,338) | (430,338) | |
Realized Trading Revenue [Member] | Frontier Trading Company XV, LLC [Member] | Interest [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (894,051) | 1,821,478 | 466,376 | |
Realized Trading Revenue [Member] | Frontier Trading Company XV, LLC [Member] | Index [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | $ 1,502,370 | 375,929 | (383,176) | |
Realized Trading Revenue [Member] | Frontier Trading Company VII, LLC [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | [1] | (1,479,588) | 17,335,609 | |
Realized Trading Revenue [Member] | Frontier Trading Company VII, LLC [Member] | Metals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (2,735,981) | 2,770,377 | ||
Realized Trading Revenue [Member] | Frontier Trading Company VII, LLC [Member] | Currency [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (333,855) | 572,927 | ||
Realized Trading Revenue [Member] | Frontier Trading Company VII, LLC [Member] | Energy [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 1,426,316 | 13,476,409 | ||
Realized Trading Revenue [Member] | Frontier Trading Company VII, LLC [Member] | Agriculturals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 634,825 | 1,146,162 | ||
Realized Trading Revenue [Member] | Frontier Trading Company VII, LLC [Member] | Interest [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (342,396) | (803,460) | ||
Realized Trading Revenue [Member] | Frontier Trading Company VII, LLC [Member] | Index [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (128,497) | 173,194 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XIV, LLC [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | [1] | 1,119,495 | 128,198 | |
Realized Trading Revenue [Member] | Frontier Trading Company XIV, LLC [Member] | Metals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 15,680 | (173,565) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XIV, LLC [Member] | Currency [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 180,074 | (1,062,588) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XIV, LLC [Member] | Energy [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 173,411 | 1,755,803 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XIV, LLC [Member] | Agriculturals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (128,046) | (308,178) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XIV, LLC [Member] | Interest [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 1,341,209 | 767,420 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XIV, LLC [Member] | Index [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (462,833) | (850,694) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXIII, LLC [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | [1] | 2,026,555 | 1,982,679 | |
Realized Trading Revenue [Member] | Frontier Trading Company XXIII, LLC [Member] | Metals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 125,165 | (321,260) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXIII, LLC [Member] | Currency [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (661,239) | (349,146) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXIII, LLC [Member] | Energy [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (403,582) | 685,793 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXIII, LLC [Member] | Agriculturals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | ||||
Realized Trading Revenue [Member] | Frontier Trading Company XXIII, LLC [Member] | Interest [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 3,627,111 | 1,569,067 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXIII, LLC [Member] | Index [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (660,900) | 398,225 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXIX, LLC [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | [1] | 143,083 | (1,811,908) | |
Realized Trading Revenue [Member] | Frontier Trading Company XXIX, LLC [Member] | Metals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (8,260) | (680,920) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXIX, LLC [Member] | Currency [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 5,174 | (68,374) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXIX, LLC [Member] | Energy [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (54,266) | (755,954) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXIX, LLC [Member] | Agriculturals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 4,630 | (405,228) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXIX, LLC [Member] | Interest [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 154,416 | (162,699) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXIX, LLC [Member] | Index [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 41,389 | 261,267 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | [1] | (4,641,720) | (2,416,059) | |
Realized Trading Revenue [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | Metals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (496,363) | (146,993) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | Currency [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (1,715,921) | 776,564 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | Energy [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 33,941 | (702,562) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | Agriculturals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (188,884) | (755,577) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | Interest [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (1,732,861) | (2,939,346) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | Index [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | $ (541,633) | 1,351,855 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXXIV LLC [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | [1] | (463,603) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXXIV LLC [Member] | Metals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (2,157) | |||
Realized Trading Revenue [Member] | Frontier Trading Company XXXIV LLC [Member] | Currency [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | 31,785 | |||
Realized Trading Revenue [Member] | Frontier Trading Company XXXIV LLC [Member] | Energy [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | ||||
Realized Trading Revenue [Member] | Frontier Trading Company XXXIV LLC [Member] | Agriculturals [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | ||||
Realized Trading Revenue [Member] | Frontier Trading Company XXXIV LLC [Member] | Interest [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | (69,996) | |||
Realized Trading Revenue [Member] | Frontier Trading Company XXXIV LLC [Member] | Index [Member] | ||||
Realized Trading Revenue from Futures, Forwards and Options | $ (423,235) | |||
[1] | Amounts recorded in the Statements of Operations under Net realized gain(loss) on futures forwards and options. |
Derivative Instruments and He50
Derivative Instruments and Hedging Activities (Details 3) - USD ($) | 12 Months Ended | |||
Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | ||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | $ 90,112 | |||
Equinox Frontier Diversified Fund [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 864,901 | $ 1,407,263 | $ (5,072,429) | |
Open Trade Equity [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | [1] | (355,207) | 6,811,181 | (19,985,903) |
Open Trade Equity [Member] | Metals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 556,638 | 2,214,634 | (2,022,111) | |
Open Trade Equity [Member] | Currency [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (280,451) | (833,869) | (661,383) | |
Open Trade Equity [Member] | Energy [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 328,180 | 2,892,066 | (11,513,437) | |
Open Trade Equity [Member] | Agriculturals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (213,814) | 419,663 | (220,936) | |
Open Trade Equity [Member] | Interest [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (524,406) | 1,370,283 | (5,067,720) | |
Open Trade Equity [Member] | Index [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (221,354) | 748,403 | (500,317) | |
Open Trade Equity [Member] | Equinox Frontier Balanced Fund [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | [1] | (56,728) | (340,656) | (1,623,264) |
Open Trade Equity [Member] | Equinox Frontier Balanced Fund [Member] | Metals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (115,993) | 60,680 | 98,396 | |
Open Trade Equity [Member] | Equinox Frontier Balanced Fund [Member] | Currency [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 85,174 | (568,349) | 326,929 | |
Open Trade Equity [Member] | Equinox Frontier Balanced Fund [Member] | Energy [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 78,514 | 127,622 | (655,732) | |
Open Trade Equity [Member] | Equinox Frontier Balanced Fund [Member] | Agriculturals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (59,986) | (8,243) | (27,073) | |
Open Trade Equity [Member] | Equinox Frontier Balanced Fund [Member] | Interest [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (50,861) | 88,321 | (1,209,945) | |
Open Trade Equity [Member] | Equinox Frontier Balanced Fund [Member] | Index [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 6,424 | (40,687) | (155,839) | |
Open Trade Equity [Member] | Equinox Frontier Select Fund [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | [1] | (686,022) | 187,115 | (1,200,359) |
Open Trade Equity [Member] | Equinox Frontier Select Fund [Member] | Metals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (57,373) | (97,042) | 341,471 | |
Open Trade Equity [Member] | Equinox Frontier Select Fund [Member] | Currency [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (151,187) | 231,035 | 68,644 | |
Open Trade Equity [Member] | Equinox Frontier Select Fund [Member] | Energy [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (176,868) | (457,542) | (87,484) | |
Open Trade Equity [Member] | Equinox Frontier Select Fund [Member] | Agriculturals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (26,685) | (47,280) | (193,259) | |
Open Trade Equity [Member] | Equinox Frontier Select Fund [Member] | Interest [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (214,247) | 435,147 | (1,031,494) | |
Open Trade Equity [Member] | Equinox Frontier Select Fund [Member] | Index [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (59,662) | 122,797 | (298,237) | |
Open Trade Equity [Member] | Equinox Frontier Winton Fund [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | [1] | (922,290) | 466,268 | (2,127,402) |
Open Trade Equity [Member] | Equinox Frontier Winton Fund [Member] | Metals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 20,454 | (577,784) | (258,245) | |
Open Trade Equity [Member] | Equinox Frontier Winton Fund [Member] | Currency [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (565,953) | 92,870 | (1,135,570) | |
Open Trade Equity [Member] | Equinox Frontier Winton Fund [Member] | Energy [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 124,997 | (165,261) | (477,721) | |
Open Trade Equity [Member] | Equinox Frontier Winton Fund [Member] | Agriculturals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 6,743 | 105,158 | 195,067 | |
Open Trade Equity [Member] | Equinox Frontier Winton Fund [Member] | Interest [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (110,137) | 699,717 | (587,015) | |
Open Trade Equity [Member] | Equinox Frontier Winton Fund [Member] | Index [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (398,394) | 311,568 | 136,082 | |
Open Trade Equity [Member] | Equinox Frontier Long/Short Commodity Fund [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | [1] | 693,263 | ||
Open Trade Equity [Member] | Equinox Frontier Long/Short Commodity Fund [Member] | Metals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 40,106 | |||
Open Trade Equity [Member] | Equinox Frontier Long/Short Commodity Fund [Member] | Currency [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 88,181 | |||
Open Trade Equity [Member] | Equinox Frontier Long/Short Commodity Fund [Member] | Energy [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 310,673 | |||
Open Trade Equity [Member] | Equinox Frontier Long/Short Commodity Fund [Member] | Agriculturals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 265,514 | |||
Open Trade Equity [Member] | Equinox Frontier Long/Short Commodity Fund [Member] | Interest [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 6,479 | |||
Open Trade Equity [Member] | Equinox Frontier Long/Short Commodity Fund [Member] | Index [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (17,690) | |||
Open Trade Equity [Member] | Equinox Frontier Diversified Fund [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | [1] | 450,401 | ||
Open Trade Equity [Member] | Equinox Frontier Diversified Fund [Member] | Metals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 826,351 | |||
Open Trade Equity [Member] | Equinox Frontier Diversified Fund [Member] | Currency [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (193,292) | |||
Open Trade Equity [Member] | Equinox Frontier Diversified Fund [Member] | Energy [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 147,793 | |||
Open Trade Equity [Member] | Equinox Frontier Diversified Fund [Member] | Agriculturals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 90,444 | |||
Open Trade Equity [Member] | Equinox Frontier Diversified Fund [Member] | Interest [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (924,670) | |||
Open Trade Equity [Member] | Equinox Frontier Diversified Fund [Member] | Index [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 503,775 | |||
UnRealized Trading Revenue [Member] | Frontier Trading Company I, LLC [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | [1] | (60,058) | (256,870) | (1,192,808) |
UnRealized Trading Revenue [Member] | Frontier Trading Company I, LLC [Member] | Metals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (115,993) | (16,549) | 225,190 | |
UnRealized Trading Revenue [Member] | Frontier Trading Company I, LLC [Member] | Currency [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 81,844 | (695,645) | (346,776) | |
UnRealized Trading Revenue [Member] | Frontier Trading Company I, LLC [Member] | Energy [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 78,514 | 109,673 | (487,009) | |
UnRealized Trading Revenue [Member] | Frontier Trading Company I, LLC [Member] | Agriculturals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (59,986) | 8,545 | 28,013 | |
UnRealized Trading Revenue [Member] | Frontier Trading Company I, LLC [Member] | Interest [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (50,861) | 43,332 | (1,490,244) | |
UnRealized Trading Revenue [Member] | Frontier Trading Company I, LLC [Member] | Index [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 6,424 | 293,774 | 878,018 | |
UnRealized Trading Revenue [Member] | Frontier Trading Company II LLC [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | [1] | 418,160 | 521,238 | (2,873,705) |
UnRealized Trading Revenue [Member] | Frontier Trading Company II LLC [Member] | Metals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 730,004 | (577,784) | 342,136 | |
UnRealized Trading Revenue [Member] | Frontier Trading Company II LLC [Member] | Currency [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (183,821) | 147,840 | (77,235) | |
UnRealized Trading Revenue [Member] | Frontier Trading Company II LLC [Member] | Energy [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 426,534 | (165,261) | (369,441) | |
UnRealized Trading Revenue [Member] | Frontier Trading Company II LLC [Member] | Agriculturals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (127,143) | 105,158 | 51,330 | |
UnRealized Trading Revenue [Member] | Frontier Trading Company II LLC [Member] | Interest [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (259,298) | 699,717 | (2,060,991) | |
UnRealized Trading Revenue [Member] | Frontier Trading Company II LLC [Member] | Index [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (168,116) | 311,568 | (759,504) | |
UnRealized Trading Revenue [Member] | Frontier Trading Company XV, LLC [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | [1] | (686,022) | 200,590 | (1,196,519) |
UnRealized Trading Revenue [Member] | Frontier Trading Company XV, LLC [Member] | Metals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (57,373) | (97,042) | 341,471 | |
UnRealized Trading Revenue [Member] | Frontier Trading Company XV, LLC [Member] | Currency [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (151,187) | 244,511 | 72,012 | |
UnRealized Trading Revenue [Member] | Frontier Trading Company XV, LLC [Member] | Energy [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (176,868) | (457,543) | (87,414) | |
UnRealized Trading Revenue [Member] | Frontier Trading Company XV, LLC [Member] | Agriculturals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (26,685) | (47,280) | (193,258) | |
UnRealized Trading Revenue [Member] | Frontier Trading Company XV, LLC [Member] | Interest [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (214,247) | 435,147 | (1,031,166) | |
UnRealized Trading Revenue [Member] | Frontier Trading Company XV, LLC [Member] | Index [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | $ (59,662) | 122,797 | (298,164) | |
UnRealized Trading Revenue [Member] | Frontier Trading Company VII, LLC [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | [1] | 6,437,371 | (12,031,602) | |
UnRealized Trading Revenue [Member] | Frontier Trading Company VII, LLC [Member] | Metals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 2,998,383 | (3,034,728) | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company VII, LLC [Member] | Currency [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (34,630) | (166,305) | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company VII, LLC [Member] | Energy [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 3,264,774 | (9,809,446) | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company VII, LLC [Member] | Agriculturals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 169,070 | 115,115 | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company VII, LLC [Member] | Interest [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (2,272) | 740,922 | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company VII, LLC [Member] | Index [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 42,046 | 122,840 | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company XIV, LLC [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | [1] | (34,485) | (990,384) | |
UnRealized Trading Revenue [Member] | Frontier Trading Company XIV, LLC [Member] | Metals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (36,385) | 134,618 | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company XIV, LLC [Member] | Currency [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (68,823) | 334,553 | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company XIV, LLC [Member] | Energy [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 87,766 | (950,395) | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company XIV, LLC [Member] | Agriculturals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (2,760) | (4,647) | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company XIV, LLC [Member] | Interest [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 55,947 | (437,886) | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company XIV, LLC [Member] | Index [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (70,230) | (66,627) | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company XXIII, LLC [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | [1] | 27,706 | (921,311) | |
UnRealized Trading Revenue [Member] | Frontier Trading Company XXIII, LLC [Member] | Metals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (4,280) | (66,888) | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company XXIII, LLC [Member] | Currency [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (118,177) | (39,897) | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company XXIII, LLC [Member] | Energy [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 61,323 | (38,274) | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company XXIII, LLC [Member] | Agriculturals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | ||||
UnRealized Trading Revenue [Member] | Frontier Trading Company XXIII, LLC [Member] | Interest [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 80,695 | (705,395) | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company XXIII, LLC [Member] | Index [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 8,145 | (70,857) | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company XXIX, LLC [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | [1] | (4,750) | 284,591 | |
UnRealized Trading Revenue [Member] | Frontier Trading Company XXIX, LLC [Member] | Metals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 10,744 | 30,664 | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company XXIX, LLC [Member] | Currency [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (38,876) | 28,909 | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company XXIX, LLC [Member] | Energy [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (10,686) | 332,868 | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company XXIX, LLC [Member] | Agriculturals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 40,435 | (22,429) | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company XXIX, LLC [Member] | Interest [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 5,426 | (66,993) | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company XXIX, LLC [Member] | Index [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (11,793) | (18,428) | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | [1] | (79,619) | (1,064,164) | |
UnRealized Trading Revenue [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | Metals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (62,455) | 5,425 | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | Currency [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | (270,069) | (466,640) | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | Energy [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 2,020 | (104,322) | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | Agriculturals [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 146,494 | (195,062) | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | Interest [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | 52,293 | (15,968) | ||
UnRealized Trading Revenue [Member] | Frontier Trading Company XXXVIII ,LLC [Member] | Index [Member] | ||||
Net Change in Open Trade Equity/UnRealized Trading Revenue from Futures, Forwards and Options | $ 52,098 | $ (287,597) | ||
[1] | Amounts recorded in the Statements of Operations under Net realized gain(loss) on futures forwards and options. |
Derivative Instruments and He51
Derivative Instruments and Hedging Activities (Details 4) - USD ($) | Dec. 31, 2017 | Dec. 31, 2016 |
Swap [Member] | ||
Gross Amounts of recognized Derivative Assets | $ 21,208,838 | $ 40,189,178 |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 21,208,838 | 40,189,178 |
Open Trade Equity [Member] | ||
Gross Amounts of recognized Derivative Assets | 2,758,014 | 2,998,612 |
Gross Amounts offset in the Statement of Financial Condition | (1,189,600) | (852,405) |
Net Amounts Presented in the Statement of Financial Condition | 1,568,414 | 2,146,207 |
Equinox Frontier Balanced Fund [Member] | Swap [Member] | ||
Gross Amounts of recognized Derivative Assets | 11,340,959 | 18,939,450 |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 11,340,959 | 18,939,450 |
Equinox Frontier Balanced Fund [Member] | Open Trade Equity [Member] | ||
Gross Amounts of recognized Derivative Assets | 343,222 | 515,659 |
Gross Amounts offset in the Statement of Financial Condition | (164,670) | (277,998) |
Net Amounts Presented in the Statement of Financial Condition | 178,552 | 237,661 |
Equinox Frontier Diversified Fund [Member] | Swap [Member] | ||
Gross Amounts of recognized Derivative Assets | 6,376,472 | 8,637,847 |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 6,376,472 | 8,637,847 |
Equinox Frontier Long/Short Commodity Fund [Member] | Swap [Member] | ||
Gross Amounts of recognized Derivative Assets | 397,039 | 4,220,468 |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 397,039 | 4,220,468 |
Equinox Frontier Heritage Fund [Member] | Swap [Member] | ||
Gross Amounts of recognized Derivative Assets | 3,094,367 | 8,391,414 |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 3,094,367 | 8,391,414 |
Equinox Frontier Select Fund [Member] | Open Trade Equity [Member] | ||
Gross Amounts of recognized Derivative Assets | 1,136,504 | |
Gross Amounts offset in the Statement of Financial Condition | (450,482) | |
Net Amounts Presented in the Statement of Financial Condition | 686,022 | |
Equinox Frontier Winton Fund [Member] | Open Trade Equity [Member] | ||
Gross Amounts of recognized Derivative Assets | 2,393,850 | |
Gross Amounts offset in the Statement of Financial Condition | (1,171,326) | |
Net Amounts Presented in the Statement of Financial Condition | 1,222,524 | |
Frontier Trading Company I, LLC [Member] | Open Trade Equity [Member] | ||
Gross Amounts of recognized Derivative Assets | 343,222 | 515,659 |
Gross Amounts offset in the Statement of Financial Condition | (164,670) | (277,998) |
Net Amounts Presented in the Statement of Financial Condition | 178,552 | 237,661 |
Frontier Trading Company II LLC [Member] | Open Trade Equity [Member] | ||
Gross Amounts of recognized Derivative Assets | 2,414,792 | 2,393,850 |
Gross Amounts offset in the Statement of Financial Condition | (1,024,930) | (1,171,326) |
Net Amounts Presented in the Statement of Financial Condition | 1,389,862 | 1,222,524 |
Frontier Trading Company XXXIV LLC [Member] | Swap [Member] | ||
Gross Amounts of recognized Derivative Assets | 11,340,959 | 18,939,450 |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 11,340,959 | 18,939,450 |
Frontier Trading Company XXXV LLC [Member] | Swap [Member] | ||
Gross Amounts of recognized Derivative Assets | 6,376,472 | 8,637,847 |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 6,376,472 | 8,637,847 |
Frontier Trading Company XXXVII LLC [Member] | Swap [Member] | ||
Gross Amounts of recognized Derivative Assets | 397,039 | 4,220,468 |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 397,039 | 4,220,468 |
Frontier Trading Company XXXIX LLC [Member] | Swap [Member] | ||
Gross Amounts of recognized Derivative Assets | 3,094,367 | 8,391,414 |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | $ 3,094,367 | 8,391,414 |
Frontier Trading Company XV, LLC [Member] | Open Trade Equity [Member] | ||
Gross Amounts of recognized Derivative Assets | 834,176 | |
Gross Amounts offset in the Statement of Financial Condition | (191,682) | |
Net Amounts Presented in the Statement of Financial Condition | $ 642,494 |
Derivative Instruments and He52
Derivative Instruments and Hedging Activities (Details 5) | Dec. 31, 2017USD ($)Contract |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | |
Number of Contracts/Units | 10,098 |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Long [Member] | Currency [Member] | |
Number of Contracts/Units | 30 |
Notional Value | $ | $ 4,051,583 |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Long [Member] | Energy [Member] | |
Number of Contracts/Units | 22 |
Notional Value | $ | $ 1,491,239 |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Long [Member] | Index [Member] | |
Number of Contracts/Units | 69 |
Notional Value | $ | $ 7,547,774 |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Long [Member] | Interest [Member] | |
Number of Contracts/Units | 82 |
Notional Value | $ | $ 27,174,068 |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Long [Member] | Metals [Member] | |
Number of Contracts/Units | 12 |
Notional Value | $ | $ 1,118,193 |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Short [Member] | Currency [Member] | |
Number of Contracts/Units | 89 |
Notional Value | $ | $ (7,309,063) |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Short [Member] | Energy [Member] | |
Number of Contracts/Units | 11 |
Notional Value | $ | $ (323,420) |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Short [Member] | Interest [Member] | |
Number of Contracts/Units | 164 |
Notional Value | $ | $ (32,293,167) |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Short [Member] | Metals [Member] | |
Number of Contracts/Units | 3 |
Notional Value | $ | $ (219,073) |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Short [Member] | Agriculturals [Member] | |
Number of Contracts/Units | 47 |
Notional Value | $ | $ (1,094,482) |
Galaxy Plus Fund - Chesapeake Master Fund (518) LLC [Member] | Futures Contracts [Member] | |
Number of Contracts/Units | 3,485 |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Futures Contracts [Member] | |
Number of Contracts/Units | 480 |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Futures Contracts [Member] | Long [Member] | Index [Member] | |
Number of Contracts/Units | 4 |
Notional Value | $ | $ 535,600 |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Options on futures contracts [Member] | |
Number of Contracts/Units | 6,032 |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | |
Number of Contracts/Units | 9,953 |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Long [Member] | Energy [Member] | |
Number of Contracts/Units | 2,329 |
Notional Value | $ | $ 145,809,021 |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Long [Member] | Interest [Member] | |
Number of Contracts/Units | 392 |
Notional Value | $ | $ 95,716,600 |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Long [Member] | Metals [Member] | |
Number of Contracts/Units | 98 |
Notional Value | $ | $ 7,585,120 |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Long [Member] | Agriculturals [Member] | |
Number of Contracts/Units | 521 |
Notional Value | $ | $ 14,991,415 |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Short [Member] | Energy [Member] | |
Number of Contracts/Units | 2,148 |
Notional Value | $ | $ (132,029,706) |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Short [Member] | Interest [Member] | |
Number of Contracts/Units | 392 |
Notional Value | $ | $ (95,662,700) |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Short [Member] | Metals [Member] | |
Number of Contracts/Units | 46 |
Notional Value | $ | $ (4,208,225) |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Short [Member] | Agriculturals [Member] | |
Number of Contracts/Units | 470 |
Notional Value | $ | $ (13,755,204) |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Options on futures contracts [Member] | |
Number of Contracts/Units | 38 |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | |
Number of Contracts/Units | 22,176 |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Long [Member] | Currency [Member] | |
Number of Contracts/Units | 37 |
Notional Value | $ | $ 4,128,244 |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Long [Member] | Energy [Member] | |
Number of Contracts/Units | 29 |
Notional Value | $ | $ 2,073,557 |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Long [Member] | Index [Member] | |
Number of Contracts/Units | 163 |
Notional Value | $ | $ 15,327,661 |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Long [Member] | Interest [Member] | |
Number of Contracts/Units | 1,061 |
Notional Value | $ | $ 228,837,339 |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Long [Member] | Metals [Member] | |
Number of Contracts/Units | 3 |
Notional Value | $ | $ 247,538 |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Short [Member] | Currency [Member] | |
Number of Contracts/Units | 105 |
Notional Value | $ | $ (9,546,523) |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Short [Member] | Energy [Member] | |
Number of Contracts/Units | 18 |
Notional Value | $ | $ (531,540) |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Short [Member] | Index [Member] | |
Number of Contracts/Units | 3 |
Notional Value | $ | $ (401,400) |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Short [Member] | Interest [Member] | |
Number of Contracts/Units | 153 |
Notional Value | $ | $ (45,536,242) |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | |
Number of Contracts/Units | 1,063 |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Long [Member] | Currency [Member] | |
Number of Contracts/Units | 3 |
Notional Value | $ | $ 129,980 |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Long [Member] | Energy [Member] | |
Number of Contracts/Units | 12 |
Notional Value | $ | $ 693,680 |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Long [Member] | Metals [Member] | |
Number of Contracts/Units | 11 |
Notional Value | $ | $ 905,460 |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Long [Member] | Agriculturals [Member] | |
Number of Contracts/Units | 48 |
Notional Value | $ | $ 5,047,873 |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Short [Member] | Currency [Member] | |
Number of Contracts/Units | 2 |
Notional Value | $ | $ (222,850) |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Short [Member] | Interest [Member] | |
Number of Contracts/Units | 48 |
Notional Value | $ | $ (7,513,624) |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Short [Member] | Metals [Member] | |
Number of Contracts/Units | 1 |
Notional Value | $ | $ (56,788) |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Short [Member] | Agriculturals [Member] | |
Number of Contracts/Units | 22 |
Notional Value | $ | $ (1,006,418) |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Options on futures contracts [Member] | |
Number of Contracts/Units | 124 |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | |
Number of Contracts/Units | 32,525 |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Long [Member] | Currency [Member] | |
Number of Contracts/Units | 106 |
Notional Value | $ | $ 12,888,050 |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Long [Member] | Index [Member] | |
Number of Contracts/Units | 125 |
Notional Value | $ | $ 10,744,412 |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Long [Member] | Interest [Member] | |
Number of Contracts/Units | 464 |
Notional Value | $ | $ 67,091,192 |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Long [Member] | Metals [Member] | |
Number of Contracts/Units | 109 |
Notional Value | $ | $ 12,437,700 |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Short [Member] | Currency [Member] | |
Number of Contracts/Units | 35 |
Notional Value | $ | $ (3,899,875) |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Short [Member] | Energy [Member] | |
Number of Contracts/Units | 43 |
Notional Value | $ | $ (1,988,070) |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Short [Member] | Index [Member] | |
Number of Contracts/Units | 59 |
Notional Value | $ | $ (5,266,328) |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Short [Member] | Interest [Member] | |
Number of Contracts/Units | 249 |
Notional Value | $ | $ (44,902,103) |
Galaxy Plus Fund - Quantmetrics Master Fund (527) LLC [Member] | Futures Contracts [Member] | |
Number of Contracts/Units | 28,545 |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | |
Number of Contracts/Units | 4,011 |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Long [Member] | Currency [Member] | |
Number of Contracts/Units | 18 |
Notional Value | $ | $ 2,163,998 |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Long [Member] | Energy [Member] | |
Number of Contracts/Units | 9 |
Notional Value | $ | $ 597,879 |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Long [Member] | Index [Member] | |
Number of Contracts/Units | 30 |
Notional Value | $ | $ 2,078,033 |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Long [Member] | Interest [Member] | |
Number of Contracts/Units | 18 |
Notional Value | $ | $ 9,738,076 |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Long [Member] | Metals [Member] | |
Number of Contracts/Units | 4 |
Notional Value | $ | $ 378,468 |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Long [Member] | Agriculturals [Member] | |
Number of Contracts/Units | 5 |
Notional Value | $ | $ 150,603 |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Short [Member] | Currency [Member] | |
Number of Contracts/Units | 11 |
Notional Value | $ | $ (811,413) |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Short [Member] | Energy [Member] | |
Number of Contracts/Units | 7 |
Notional Value | $ | $ (206,710) |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Short [Member] | Index [Member] | |
Number of Contracts/Units | 1 |
Notional Value | $ | $ (41,944) |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Short [Member] | Interest [Member] | |
Number of Contracts/Units | 81 |
Notional Value | $ | $ (13,121,101) |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Short [Member] | Agriculturals [Member] | |
Number of Contracts/Units | 18 |
Notional Value | $ | $ (480,483) |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | |
Number of Contracts/Units | 3,146 |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Long [Member] | Currency [Member] | |
Number of Contracts/Units | 5 |
Notional Value | $ | $ 686,072 |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Long [Member] | Energy [Member] | |
Number of Contracts/Units | 4 |
Notional Value | $ | $ 241,680 |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Long [Member] | Index [Member] | |
Number of Contracts/Units | 36 |
Notional Value | $ | $ 2,781,323 |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Long [Member] | Metals [Member] | |
Number of Contracts/Units | 2 |
Notional Value | $ | $ 165,025 |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Long [Member] | Agriculturals [Member] | |
Number of Contracts/Units | 4 |
Notional Value | $ | $ 91,378 |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Short [Member] | Currency [Member] | |
Number of Contracts/Units | 26 |
Notional Value | $ | $ (2,009,458) |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Short [Member] | Interest [Member] | |
Number of Contracts/Units | 203 |
Notional Value | $ | $ (43,967,292) |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Short [Member] | Metals [Member] | |
Number of Contracts/Units | 4 |
Notional Value | $ | $ (349,295) |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Short [Member] | Agriculturals [Member] | |
Number of Contracts/Units | 2 |
Notional Value | $ | $ (95,945) |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | |
Number of Contracts/Units | 28,539 |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Long [Member] | Currency [Member] | |
Number of Contracts/Units | 323 |
Notional Value | $ | $ 18,290,774 |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Long [Member] | Energy [Member] | |
Number of Contracts/Units | 90 |
Notional Value | $ | $ 5,157,500 |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Long [Member] | Index [Member] | |
Number of Contracts/Units | 1,102 |
Notional Value | $ | $ 18,000,344 |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Long [Member] | Interest [Member] | |
Number of Contracts/Units | 479 |
Notional Value | $ | $ 99,192,538 |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Long [Member] | Metals [Member] | |
Number of Contracts/Units | 89 |
Notional Value | $ | $ 5,745,792 |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Long [Member] | Agriculturals [Member] | |
Number of Contracts/Units | 28 |
Notional Value | $ | $ 961,248 |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Short [Member] | Currency [Member] | |
Number of Contracts/Units | 126 |
Notional Value | $ | $ (10,244,900) |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Short [Member] | Energy [Member] | |
Number of Contracts/Units | 47 |
Notional Value | $ | $ (1,411,180) |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Short [Member] | Index [Member] | |
Number of Contracts/Units | 242 |
Notional Value | $ | $ (1,906,017) |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Short [Member] | Interest [Member] | |
Number of Contracts/Units | 317 |
Notional Value | $ | $ (95,126,240) |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Short [Member] | Metals [Member] | |
Number of Contracts/Units | 45 |
Notional Value | $ | $ (3,715,477) |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Short [Member] | Agriculturals [Member] | |
Number of Contracts/Units | 299 |
Notional Value | $ | $ (6,561,105) |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Foreign Currency Forward Contracts [Member] | |
Number of Contracts/Units | 148 |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | |
Number of Contracts/Units | 18,005 |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Long [Member] | Currency [Member] | |
Number of Contracts/Units | 160 |
Notional Value | $ | $ 17,027,096 |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Long [Member] | Energy [Member] | |
Number of Contracts/Units | 434 |
Notional Value | $ | $ 27,750,622 |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Long [Member] | Index [Member] | |
Number of Contracts/Units | 461 |
Notional Value | $ | $ 46,706,817 |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Long [Member] | Interest [Member] | |
Number of Contracts/Units | 471 |
Notional Value | $ | $ 175,633,858 |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Long [Member] | Metals [Member] | |
Number of Contracts/Units | 235 |
Notional Value | $ | $ 20,502,580 |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Long [Member] | Agriculturals [Member] | |
Number of Contracts/Units | 329 |
Notional Value | $ | $ 11,281,880 |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Short [Member] | Currency [Member] | |
Number of Contracts/Units | 102 |
Notional Value | $ | $ (10,468,785) |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Short [Member] | Energy [Member] | |
Number of Contracts/Units | 347 |
Notional Value | $ | $ (18,749,840) |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Short [Member] | Index [Member] | |
Number of Contracts/Units | 96 |
Notional Value | $ | $ (3,454,200) |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Short [Member] | Interest [Member] | |
Number of Contracts/Units | 221 |
Notional Value | $ | $ (41,544,126) |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Short [Member] | Metals [Member] | |
Number of Contracts/Units | 154 |
Notional Value | $ | $ (11,770,098) |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Short [Member] | Agriculturals [Member] | |
Number of Contracts/Units | 505 |
Notional Value | $ | $ (13,753,030) |
Derivative Instruments and He53
Derivative Instruments and Hedging Activities (Details 6) | Dec. 31, 2017USD ($) | |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | ||
Trading costs | $ (19,993) | [1] |
Total net trading gain (loss) | (37,288) | [1] |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | ||
Futures Contracts | (17,295) | [1] |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Agriculturals [Member] | ||
Futures Contracts | 8,732 | [1] |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Currency [Member] | ||
Futures Contracts | (930,470) | [1] |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Energy [Member] | ||
Futures Contracts | (74,244) | [1] |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Index [Member] | ||
Futures Contracts | 1,612,147 | [1] |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Interest [Member] | ||
Futures Contracts | (585,404) | [1] |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | Metals [Member] | ||
Futures Contracts | (48,056) | [1] |
Galaxy Plus Fund - Chesapeake Master Fund (518) LLC [Member] | ||
Trading costs | (55,484) | [2] |
Total net trading gain (loss) | 558,822 | [2] |
Galaxy Plus Fund - Chesapeake Master Fund (518) LLC [Member] | Futures Contracts [Member] | ||
Futures Contracts | 614,306 | [2] |
Galaxy Plus Fund - Chesapeake Master Fund (518) LLC [Member] | Futures Contracts [Member] | Agriculturals [Member] | ||
Futures Contracts | (264,145) | [2] |
Galaxy Plus Fund - Chesapeake Master Fund (518) LLC [Member] | Futures Contracts [Member] | Currency [Member] | ||
Futures Contracts | (573,440) | [2] |
Galaxy Plus Fund - Chesapeake Master Fund (518) LLC [Member] | Futures Contracts [Member] | Energy [Member] | ||
Futures Contracts | (68,526) | [2] |
Galaxy Plus Fund - Chesapeake Master Fund (518) LLC [Member] | Futures Contracts [Member] | Index [Member] | ||
Futures Contracts | 1,754,597 | [2] |
Galaxy Plus Fund - Chesapeake Master Fund (518) LLC [Member] | Futures Contracts [Member] | Interest [Member] | ||
Futures Contracts | (498,866) | [2] |
Galaxy Plus Fund - Chesapeake Master Fund (518) LLC [Member] | Futures Contracts [Member] | Metals [Member] | ||
Futures Contracts | 264,686 | [2] |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | ||
Trading costs | (30,079) | [3] |
Total net trading gain (loss) | 327,989 | [3] |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Futures Contracts [Member] | ||
Futures Contracts | 286,259 | [3] |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Futures Contracts [Member] | Index [Member] | ||
Futures Contracts | 286,259 | [3] |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Options on futures contracts [Member] | ||
Futures Contracts | 71,809 | [3] |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Options on futures contracts [Member] | Index [Member] | ||
Futures Contracts | 71,809 | [3] |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | ||
Trading costs | (565,099) | [4] |
Total net trading gain (loss) | 5,078,919 | [4] |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | ||
Futures Contracts | 5,662,916 | [4] |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Agriculturals [Member] | ||
Futures Contracts | (1,632,404) | [4] |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Energy [Member] | ||
Futures Contracts | 7,578,447 | [4] |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Interest [Member] | ||
Futures Contracts | 10,188 | [4] |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | Metals [Member] | ||
Futures Contracts | (293,315) | [4] |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Options on futures contracts [Member] | ||
Futures Contracts | (18,898) | [4] |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Options on futures contracts [Member] | Agriculturals [Member] | ||
Futures Contracts | (2,053) | [4] |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Options on futures contracts [Member] | Energy [Member] | ||
Futures Contracts | (15,900) | [4] |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Options on futures contracts [Member] | Metals [Member] | ||
Futures Contracts | (945) | [4] |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | ||
Trading costs | (92,111) | [5] |
Total net trading gain (loss) | 2,642,276 | [5] |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | ||
Futures Contracts | 2,734,387 | [5] |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Currency [Member] | ||
Futures Contracts | (261,016) | [5] |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Energy [Member] | ||
Futures Contracts | 365,809 | [5] |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Index [Member] | ||
Futures Contracts | 2,972,478 | [5] |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Interest [Member] | ||
Futures Contracts | (382,467) | [5] |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | Metals [Member] | ||
Futures Contracts | 39,583 | [5] |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | ||
Trading costs | (42,123) | [6] |
Total net trading gain (loss) | (1,861,771) | [6] |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | ||
Futures Contracts | (1,148,374) | [6] |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Agriculturals [Member] | ||
Futures Contracts | (768,246) | [6] |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Currency [Member] | ||
Futures Contracts | (313,939) | [6] |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Energy [Member] | ||
Futures Contracts | (73,470) | [6] |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Index [Member] | ||
Futures Contracts | (106,558) | [6] |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Interest [Member] | ||
Futures Contracts | (485,059) | [6] |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | Metals [Member] | ||
Futures Contracts | 598,898 | [6] |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Options on futures contracts [Member] | ||
Futures Contracts | (671,274) | [6] |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Options on futures contracts [Member] | Agriculturals [Member] | ||
Futures Contracts | (671,274) | [6] |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | ||
Trading costs | (213,866) | [7] |
Total net trading gain (loss) | 7,153,918 | [7] |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | ||
Futures Contracts | 7,367,784 | [7] |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Currency [Member] | ||
Futures Contracts | 985,336 | [7] |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Energy [Member] | ||
Futures Contracts | (1,627,728) | [7] |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Index [Member] | ||
Futures Contracts | 10,053,801 | [7] |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Interest [Member] | ||
Futures Contracts | (2,986,378) | [7] |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | Metals [Member] | ||
Futures Contracts | 942,753 | [7] |
Galaxy Plus Fund - Quantmetrics Master Fund (527) LLC [Member] | ||
Trading costs | (63,172) | [8] |
Total net trading gain (loss) | 495,833 | [8] |
Galaxy Plus Fund - Quantmetrics Master Fund (527) LLC [Member] | Futures Contracts [Member] | ||
Futures Contracts | 559,005 | [8] |
Galaxy Plus Fund - Quantmetrics Master Fund (527) LLC [Member] | Futures Contracts [Member] | Currency [Member] | ||
Futures Contracts | (52,163) | [8] |
Galaxy Plus Fund - Quantmetrics Master Fund (527) LLC [Member] | Futures Contracts [Member] | Index [Member] | ||
Futures Contracts | 1,148,544 | [8] |
Galaxy Plus Fund - Quantmetrics Master Fund (527) LLC [Member] | Futures Contracts [Member] | Interest [Member] | ||
Futures Contracts | (441,876) | [8] |
Galaxy Plus Fund - Quantmetrics Master Fund (527) LLC [Member] | Futures Contracts [Member] | Metals [Member] | ||
Futures Contracts | (95,500) | [8] |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | ||
Trading costs | (36,677) | [9] |
Total net trading gain (loss) | (519,425) | [9] |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | ||
Futures Contracts | (482,748) | [9] |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Agriculturals [Member] | ||
Futures Contracts | (74,980) | [9] |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Currency [Member] | ||
Futures Contracts | (474,637) | [9] |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Energy [Member] | ||
Futures Contracts | (335,137) | [9] |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Index [Member] | ||
Futures Contracts | 882,294 | [9] |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Interest [Member] | ||
Futures Contracts | (412,435) | [9] |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | Metals [Member] | ||
Futures Contracts | (67,853) | [9] |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | ||
Trading costs | (37,467) | [10] |
Total net trading gain (loss) | (856,175) | [10] |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | ||
Futures Contracts | (818,708) | [10] |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Agriculturals [Member] | ||
Futures Contracts | (4,339) | [10] |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Currency [Member] | ||
Futures Contracts | (673,839) | [10] |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Energy [Member] | ||
Futures Contracts | (443,836) | [10] |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Index [Member] | ||
Futures Contracts | 1,204,095 | [10] |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Interest [Member] | ||
Futures Contracts | (833,029) | [10] |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | Metals [Member] | ||
Futures Contracts | (67,760) | [10] |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | ||
Forward currency contracts: | 36,095 | [11] |
Trading costs | (54,477) | [11] |
Total net trading gain (loss) | 835,616 | [11] |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | ||
Futures Contracts | 853,998 | [11] |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Agriculturals [Member] | ||
Futures Contracts | (476,657) | [11] |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Currency [Member] | ||
Futures Contracts | 96,860 | [11] |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Energy [Member] | ||
Futures Contracts | 345,664 | [11] |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Index [Member] | ||
Futures Contracts | 1,404,391 | [11] |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Interest [Member] | ||
Futures Contracts | (489,941) | [11] |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | Metals [Member] | ||
Futures Contracts | (26,319) | [11] |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | ||
Trading costs | (410,762) | [12] |
Total net trading gain (loss) | 1,376,508 | [12] |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | ||
Futures Contracts | 1,787,270 | [12] |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Agriculturals [Member] | ||
Futures Contracts | (839,243) | [12] |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Currency [Member] | ||
Futures Contracts | (1,430,997) | [12] |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Energy [Member] | ||
Futures Contracts | 503,096 | [12] |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Index [Member] | ||
Futures Contracts | 5,720,176 | [12] |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Interest [Member] | ||
Futures Contracts | (1,661,552) | [12] |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | Metals [Member] | ||
Futures Contracts | $ (504,210) | [12] |
[1] | Includes both realized loss of ($392,885) and unrealized appreciation of $355,597 and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. | |
[2] | Includes both realized gain of $132,970 and unrealized appreciation of $425,852 and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. | |
[3] | Includes both realized gain of $368,608 and unrealized depreciation of $40,619 and is located in net realized and unrealized gain (loss) on investments on the statement of operations. | |
[4] | Includes both realized gain of $1,185,287 and unrealized appreciation of $3,893,631 and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. | |
[5] | Includes both realized gain of $2,406,278 and unrealized appreciation of $235,998 and is located in net realized and unrealized gain (loss) on investments and foreign currency transactions on the statement of operations. Amounts exclude foreign currency transactions and translation. | |
[6] | Includes both realized loss of ($1,430,309) and unrealized depreciation of ($431,462) and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. | |
[7] | Includes both realized gain of $6,942,830 and unrealized appreciation of $211,088 and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. | |
[8] | Includes realized gain of $495,833 and is located in net realized gain (loss) on investments the statement of operations. Amounts exclude foreign currency transactions and translation. | |
[9] | Includes both realized loss of ($377,215) and unrealized depreciation of ($142,210) and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. | |
[10] | Includes both realized loss of ($770,737) and unrealized depreciation of ($85,438) and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. | |
[11] | Includes both realized gain of $270,622 and unrealized appreciation of $564,994 and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. | |
[12] | Includes both realized loss of $893,051 and unrealized appreciation of $483,457 and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. |
Classes of Interest and Serie54
Classes of Interest and Series (Details) - Galaxy Plus Fund LLC [Member] | 12 Months Ended |
Dec. 31, 2017USD ($) | |
Galaxy Plus Fund LLC - 510 Series [Member] | Class A [Member] | |
Subscriptions | |
Redemptions | |
Transfers In | |
Transfers out | |
Total | |
Galaxy Plus Fund LLC - 510 Series [Member] | Class B [Member] | |
Subscriptions | 1,153,142 |
Redemptions | |
Transfers In | |
Transfers out | |
Total | 1,153,142 |
Galaxy Plus Fund LLC - 510 Series [Member] | Class C [Member] | |
Subscriptions | 383,333 |
Redemptions | (149,291) |
Transfers In | |
Transfers out | |
Total | 234,042 |
Galaxy Plus Fund LLC - 510 Series [Member] | Class EF [Member] | |
Subscriptions | 538,072 |
Redemptions | (6,280,300) |
Transfers In | |
Transfers out | |
Total | (5,742,228) |
Galaxy Plus Fund LLC - 516 Series [Member] | Class C [Member] | |
Subscriptions | 83,334 |
Redemptions | (45,053) |
Transfers In | |
Transfers out | |
Total | 38,281 |
Galaxy Plus Fund LLC - 516 Series [Member] | Class EF [Member] | |
Subscriptions | 1,697,471 |
Redemptions | (10,271,103) |
Transfers In | |
Transfers out | |
Total | (8,573,632) |
Galaxy Plus Fund LLC - 517 Series [Member] | Class EF [Member] | |
Subscriptions | 227,676 |
Redemptions | (2,743,055) |
Transfers In | |
Transfers out | |
Total | (2,515,379) |
Galaxy Plus Fund LLC - 518 Series [Member] | Class C [Member] | |
Subscriptions | 1,200,000 |
Redemptions | (97,475) |
Transfers In | |
Transfers out | |
Total | 1,102,525 |
Galaxy Plus Fund LLC - 518 Series [Member] | Class EF [Member] | |
Subscriptions | 105,477 |
Redemptions | (10,065,517) |
Transfers In | |
Transfers out | |
Total | (9,960,040) |
Galaxy Plus Fund LLC - 522 Series [Member] | Class EF [Member] | |
Subscriptions | 650,438 |
Redemptions | (4,545,229) |
Transfers In | |
Transfers out | |
Total | (3,894,791) |
Galaxy Plus Fund LLC - 526 Series [Member] | Class A [Member] | |
Subscriptions | 2,900,000 |
Redemptions | |
Transfers In | |
Transfers out | |
Total | 2,900,000 |
Galaxy Plus Fund LLC - 526 Series [Member] | Class B [Member] | |
Subscriptions | 1,921,903 |
Redemptions | |
Transfers In | |
Transfers out | |
Total | 1,921,903 |
Galaxy Plus Fund LLC - 526 Series [Member] | Class C [Member] | |
Subscriptions | 1,735,000 |
Redemptions | (94,017) |
Transfers In | |
Transfers out | |
Total | 1,640,983 |
Galaxy Plus Fund LLC - 526 Series [Member] | Class EF [Member] | |
Subscriptions | 956,748 |
Redemptions | (19,153,777) |
Transfers In | |
Transfers out | |
Total | (18,197,029) |
Galaxy Plus Fund LLC - 527 Series [Member] | Class EF [Member] | |
Subscriptions | 412,515 |
Redemptions | (13,635,089) |
Transfers In | |
Transfers out | |
Total | (13,222,574) |
Galaxy Plus Fund LLC - 528 Series [Member] | Class EF [Member] | |
Subscriptions | 259,368 |
Redemptions | (3,188,102) |
Transfers In | |
Transfers out | |
Total | (2,928,734) |
Galaxy Plus Fund LLC - 531 Series [Member] | Class EF [Member] | |
Subscriptions | 8,277,086 |
Redemptions | (3,650,248) |
Transfers In | |
Transfers out | |
Total | 4,626,838 |
Galaxy Plus Fund LLC - 532 Series [Member] | Class EF [Member] | |
Subscriptions | 572,954 |
Redemptions | (3,116,311) |
Transfers In | |
Transfers out | |
Total | (2,543,357) |
Galaxy Plus Fund LLC - 535 Series [Member] | Class EF [Member] | |
Subscriptions | 1,500,000 |
Redemptions | (9,567,696) |
Transfers In | |
Transfers out | |
Total | (8,067,696) |
Galaxy Plus Fund LLC - 538W Series [Member] | Class EF [Member] | |
Subscriptions | 38,764,659 |
Redemptions | (16,357,970) |
Transfers In | |
Transfers out | |
Total | $ 22,406,689 |
Financial Instruments with of55
Financial Instruments with off-balance sheet risk and concentration of credit risk (Details) | Dec. 31, 2017USD ($) |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | |
Net Amounts Presented in the Statement of Financial Condition | $ 69,563 |
Cash Collateral | 1,310,145 |
Net Amount not presented in Financial Statement | 1,379,708 |
Galaxy Plus Fund - Aspect Master Fund (532) LLC [Member] | Futures Contracts [Member] | |
Gross Amounts of recognized Derivative Assets | 334,931 |
Gross Amounts offset in the Statement of Financial Condition | (265,368) |
Net Amounts Presented in the Statement of Financial Condition | 69,563 |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | |
Net Amounts Presented in the Statement of Financial Condition | (11,814) |
Cash Collateral | 98,746 |
Net Amount not presented in Financial Statement | 86,932 |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Futures Contracts [Member] | |
Gross Amounts of recognized Derivative Assets | 1,163 |
Gross Amounts offset in the Statement of Financial Condition | (425) |
Net Amounts Presented in the Statement of Financial Condition | 738 |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Options on futures contracts [Member] | |
Gross Amounts of recognized Derivative Assets | 35,498 |
Gross Amounts offset in the Statement of Financial Condition | |
Net Amounts Presented in the Statement of Financial Condition | 35,498 |
Galaxy Plus Fund - Doherty Master Fund (528) LLC [Member] | Options Written [Member] | |
Gross Amounts of recognized Derivative Assets | (48,050) |
Gross Amounts offset in the Statement of Financial Condition | |
Net Amounts Presented in the Statement of Financial Condition | (48,050) |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | |
Net Amounts Presented in the Statement of Financial Condition | 2,850,140 |
Cash Collateral | 2,408,042 |
Net Amount not presented in Financial Statement | 5,258,182 |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Futures Contracts [Member] | |
Gross Amounts of recognized Derivative Assets | 10,412,747 |
Gross Amounts offset in the Statement of Financial Condition | (7,779,747) |
Net Amounts Presented in the Statement of Financial Condition | 2,633,000 |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Options on futures contracts [Member] | |
Gross Amounts of recognized Derivative Assets | 627,540 |
Gross Amounts offset in the Statement of Financial Condition | |
Net Amounts Presented in the Statement of Financial Condition | 627,540 |
Galaxy Plus Fund - Emil van Essen STP Master Fund (516) LLC [Member] | Options Written [Member] | |
Gross Amounts of recognized Derivative Assets | (410,400) |
Gross Amounts offset in the Statement of Financial Condition | |
Net Amounts Presented in the Statement of Financial Condition | (410,400) |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | |
Net Amounts Presented in the Statement of Financial Condition | 57,672 |
Cash Collateral | 1,774,970 |
Net Amount not presented in Financial Statement | 1,832,642 |
Galaxy Plus Fund - FORT Contrarian Master Fund (510) LLC [Member] | Futures Contracts [Member] | |
Gross Amounts of recognized Derivative Assets | 365,721 |
Gross Amounts offset in the Statement of Financial Condition | (308,049) |
Net Amounts Presented in the Statement of Financial Condition | 57,672 |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | |
Net Amounts Presented in the Statement of Financial Condition | 134,342 |
Cash Collateral | 285,761 |
Net Amount not presented in Financial Statement | 420,103 |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Futures Contracts [Member] | |
Gross Amounts of recognized Derivative Assets | 189,537 |
Gross Amounts offset in the Statement of Financial Condition | (27,195) |
Net Amounts Presented in the Statement of Financial Condition | 162,342 |
Galaxy Plus Fund - LRR Master Fund (522) LLC [Member] | Options on futures contracts [Member] | |
Gross Amounts of recognized Derivative Assets | (28,000) |
Gross Amounts offset in the Statement of Financial Condition | |
Net Amounts Presented in the Statement of Financial Condition | (28,000) |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | |
Net Amounts Presented in the Statement of Financial Condition | 542,231 |
Cash Collateral | 2,195,034 |
Net Amount not presented in Financial Statement | 2,737,265 |
Galaxy Plus Fund - QIM Master Fund (526) LLC [Member] | Futures Contracts [Member] | |
Gross Amounts of recognized Derivative Assets | 743,405 |
Gross Amounts offset in the Statement of Financial Condition | (201,174) |
Net Amounts Presented in the Statement of Financial Condition | 542,231 |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | |
Net Amounts Presented in the Statement of Financial Condition | 67,465 |
Cash Collateral | 430,797 |
Net Amount not presented in Financial Statement | 498,262 |
Galaxy Plus Fund - Quest Master Fund (517) LLC [Member] | Futures Contracts [Member] | |
Gross Amounts of recognized Derivative Assets | 110,369 |
Gross Amounts offset in the Statement of Financial Condition | (42,904) |
Net Amounts Presented in the Statement of Financial Condition | 67,465 |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | |
Net Amounts Presented in the Statement of Financial Condition | 49,045 |
Cash Collateral | 759,653 |
Net Amount not presented in Financial Statement | 808,698 |
Galaxy Plus Fund - Quest FIT Master Fund (535) LLC [Member] | Futures Contracts [Member] | |
Gross Amounts of recognized Derivative Assets | 103,211 |
Gross Amounts offset in the Statement of Financial Condition | (54,166) |
Net Amounts Presented in the Statement of Financial Condition | 49,045 |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | |
Net Amounts Presented in the Statement of Financial Condition | 564,994 |
Cash Collateral | 4,324,905 |
Net Amount not presented in Financial Statement | 4,889,899 |
Galaxy Plus Fund - TT Master Fund (531) LLC [Member] | Futures Contracts [Member] | |
Gross Amounts of recognized Derivative Assets | 1,406,000 |
Gross Amounts offset in the Statement of Financial Condition | (841,006) |
Net Amounts Presented in the Statement of Financial Condition | 564,994 |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | |
Net Amounts Presented in the Statement of Financial Condition | 483,457 |
Cash Collateral | 8,160,980 |
Net Amount not presented in Financial Statement | 8,644,437 |
Galaxy Plus Fund - Welton GDP Master Fund (538) LLC [Member] | Futures Contracts [Member] | |
Gross Amounts of recognized Derivative Assets | 3,170,954 |
Gross Amounts offset in the Statement of Financial Condition | (2,687,497) |
Net Amounts Presented in the Statement of Financial Condition | $ 483,457 |