Document and Entity Information
Document and Entity Information | 12 Months Ended |
Dec. 31, 2016USD ($)shares | |
Document And Entity Information [Abstract] | |
Entity Registrant Name | Equinox Frontier Funds |
Entity Central Index Key | 1,261,379 |
Document Type | 10-K/A |
Trading Symbol | FRFD |
Document Period End Date | Dec. 31, 2016 |
Amendment Flag | true |
Amendment Description | Original filing was submitted without XBRL filing. This amendment filing is filed to submit XBRL statements |
Current Fiscal Year End Date | --12-31 |
Entity Filer Category | Non-accelerated Filer |
Entity Common Stock, Shares Outstanding | shares | 0 |
Document Fiscal Year Focus | 2,016 |
Document Fiscal Period Focus | FY |
Entity Current Reporting Status | Yes |
Entity Well-known Seasoned Issuer | Yes |
Entity Voluntary Filers | Yes |
Public Float | $ | $ 0 |
Statements of Financial Conditi
Statements of Financial Condition - USD ($) | Dec. 31, 2016 | Dec. 31, 2015 |
ASSETS | ||
Cash and cash equivalents | $ 4,747,043 | $ 13,975,613 |
U.S. Treasury securities, at fair value | 42,757,604 | 117,478,438 |
Receivable from futures commission merchants | 32,852,013 | 72,731,570 |
Open trade equity, at fair value | 2,146,207 | |
Options purchased, at fair value | 526,288 | |
Swap contracts, at fair value | 40,189,178 | 40,136,065 |
Prepaid service fees | 24,251 | |
Investments in private investment companies, at fair value | 107,717,118 | |
Interest receivable | 798,053 | 2,039,516 |
Receivable from related parties | 87,670 | 3,120 |
Other assets | 17 | |
Total Assets | 231,294,886 | 246,914,890 |
LIABILITIES | ||
Open trade deficit, at fair value | 4,348,870 | |
Written options, at fair value | 165,760 | |
Pending owner additions | 36,462 | |
Owner redemptions payable | 1,137,772 | 612,170 |
Incentive fees payable to Managing Owner | 382,136 | |
Management fees payable to Managing Owner | 433,430 | 402,943 |
Interest payable to Managing Owner | 63,275 | 162,121 |
Trading fees payable to Managing Owner | 523,099 | 282,522 |
Service fees payable to Managing Owner | 239,520 | 273,856 |
Risk analysis fees payable | 15,673 | |
Payables to related parties | 85,078 | 63,744 |
Advance on unrealized Swap Appreciation | 9,441,555 | |
Other liabilities | 144,049 | 7 |
Total Liabilities | 12,083,451 | 6,730,591 |
Total Capital | 219,211,435 | 240,184,299 |
Total Liabilities and Capital | 231,294,886 | 246,914,890 |
Frontier Trading Company I Llc [Member] | ||
ASSETS | ||
Receivable from futures commission merchants | 22,187,113 | 22,731,131 |
Open trade equity, at fair value | 237,661 | 237,661 |
Options purchased, at fair value | 371,758 | |
Total Assets | 6,884,759 | 23,314,323 |
LIABILITIES | ||
Options written, at fair value | 165,760 | |
Interest payable | 1,816 | |
Risk analysis fees payable | 1,155 | |
Total Liabilities | 1,155 | 167,576 |
Total Capital | 6,883,604 | 23,146,747 |
Total Liabilities and Capital | 6,884,759 | 23,314,323 |
Frontier Trading Company Vii Llc [Member] | ||
ASSETS | ||
Receivable from futures commission merchants | 14,330,819 | |
Options purchased, at fair value | 154,380 | |
Total Assets | 14,485,199 | |
LIABILITIES | ||
Open trade deficit, at fair value | 6,482,499 | |
Options written, at fair value | ||
Interest payable | 238 | |
Total Liabilities | 6,482,737 | |
Total Capital | 8,002,462 | |
Total Liabilities and Capital | 14,485,199 | |
Managing Owner [Member] | ||
LIABILITIES | ||
Managing Owner Units | 2,276,211 | 5,798,155 |
Limited Owners [Member] | ||
ASSETS | ||
Receivable from futures commission merchants | 6,647,098 | |
LIABILITIES | ||
Limited Owner Units | 216,935,224 | 234,386,144 |
Equinox Frontier Diversified Fund | ||
ASSETS | ||
Cash and cash equivalents | 674,227 | 3,283,973 |
U.S. Treasury securities, at fair value | 6,525,280 | 27,604,916 |
Swap contracts, at fair value | 8,637,847 | 8,685,849 |
Investments in private investment companies, at fair value | 38,845,974 | |
Investments in unconsolidated trading companies, at fair value | 4,201,628 | 16,094,207 |
Interest receivable | 121,792 | 479,142 |
Receivable from related parties | 231,671 | |
Other assets | ||
Total Assets | 59,238,419 | 56,164,247 |
LIABILITIES | ||
Interest payable | ||
Pending owner additions | 1,524 | |
Owner redemptions payable | 61,482 | 9,030 |
Incentive fees payable to Managing Owner | 204,914 | |
Management fees payable to Managing Owner | 23,496 | 81,940 |
Interest payable to Managing Owner | 11,661 | |
Trading fees payable to Managing Owner | 147,183 | 121,065 |
Service fees payable to Managing Owner | 15,193 | 17,020 |
Payables to related parties | 2,126 | |
Advance on unrealized Swap Appreciation | 2,500,000 | |
Other liabilities | 19,674 | 1 |
Total Liabilities | 2,767,028 | 449,281 |
Total Owners' Capital | 56,471,391 | 55,714,966 |
Non-Controlling Interests | ||
Total Capital | 56,471,391 | 55,714,966 |
Total Liabilities and Capital | 59,238,419 | 56,164,247 |
Equinox Frontier Diversified Fund | Managing Owner [Member] | ||
LIABILITIES | ||
Incentive fees payable to Managing Owner | 204,914 | |
Management fees payable to Managing Owner | 23,496 | 81,940 |
Trading fees payable to Managing Owner | 147,183 | $ 121,065 |
Equinox Frontier Diversified Fund | Class Two [Member] | ||
LIABILITIES | ||
Units Outstanding | 267,240 | |
Net Asset Value per Unit | $ 129.6 | |
Equinox Frontier Diversified Fund | Class Two [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Managing Owner Units | 460,196 | $ 2,616,258 |
Total Capital | $ 460,196 | $ 2,616,258 |
Units Outstanding | 3,462 | 20,188 |
Equinox Frontier Diversified Fund | Class Two [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 37,771,385 | $ 32,016,842 |
Total Capital | $ 37,771,385 | $ 32,016,842 |
Units Outstanding | 284,124 | 247,052 |
Equinox Frontier Diversified Fund | Class Three [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Managing Owner Units | $ 33,899 | $ 32,964 |
Total Capital | $ 33,899 | $ 32,964 |
Units Outstanding | 275 | 275 |
Equinox Frontier Diversified Fund | Class Three [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 13,016,491 | $ 9,234,668 |
Total Capital | $ 13,016,491 | $ 9,234,668 |
Units Outstanding | 105,594 | 77,041 |
Equinox Frontier Diversified Fund | Class One [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Total Capital | ||
Units Outstanding | ||
Equinox Frontier Diversified Fund | Class One [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 5,189,420 | $ 11,814,234 |
Total Capital | $ 5,189,420 | $ 11,814,234 |
Units Outstanding | 44,569 | 102,269 |
Equinox Frontier Diversified Fund | Owner Class One [Member] | ||
ASSETS | ||
Prepaid service fees | $ 16,160 | |
LIABILITIES | ||
Units Outstanding | 44,569 | 102,269 |
Net Asset Value per Unit | $ 116.43 | $ 115.52 |
Equinox Frontier Diversified Fund | Owner Class Two [Member] | ||
LIABILITIES | ||
Units Outstanding | 257,586 | |
Net Asset Value per Unit | $ 132.94 | |
Equinox Frontier Diversified Fund | Owner Class Three [Member] | ||
LIABILITIES | ||
Units Outstanding | 105,869 | 77,316 |
Net Asset Value per Unit | $ 123.27 | $ 119.87 |
Equinox Frontier Masters Fund [Member] | ||
ASSETS | ||
Cash and cash equivalents | $ 546,509 | $ 1,421,994 |
U.S. Treasury securities, at fair value | 4,313,843 | 11,953,206 |
Swap contracts, at fair value | ||
Investments in private investment companies, at fair value | 5,653,708 | |
Investments in unconsolidated trading companies, at fair value | 6,678,106 | 9,409,930 |
Interest receivable | 80,515 | 207,473 |
Receivable from related parties | 153,157 | 1,670 |
Other assets | ||
Total Assets | 17,425,839 | 23,001,628 |
LIABILITIES | ||
Interest payable | ||
Pending owner additions | 1,290 | |
Owner redemptions payable | 131,841 | 9,558 |
Investments in unconsolidated trading companies, at fair value | ||
Incentive fees payable to Managing Owner | 42,251 | |
Management fees payable to Managing Owner | 50,174 | 54,674 |
Interest payable to Managing Owner | 4,957 | |
Trading fees payable to Managing Owner | 57,890 | 48,501 |
Service fees payable to Managing Owner | 9,037 | 12,098 |
Payables to related parties | ||
Advance on unrealized Swap Appreciation | ||
Other liabilities | 7,590 | |
Total Liabilities | 256,532 | 173,329 |
Total Owners' Capital | 17,169,307 | 22,828,299 |
Non-Controlling Interests | ||
Total Capital | 17,169,307 | 22,828,299 |
Total Liabilities and Capital | 17,425,839 | 23,001,628 |
Equinox Frontier Masters Fund [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Incentive fees payable to Managing Owner | 42,251 | |
Management fees payable to Managing Owner | 50,174 | 54,674 |
Trading fees payable to Managing Owner | 57,890 | 48,501 |
Equinox Frontier Masters Fund [Member] | Class Two [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Managing Owner Units | 336,691 | 712,391 |
Total Capital | $ 336,691 | $ 712,391 |
Units Outstanding | 2,615 | 5,627 |
Equinox Frontier Masters Fund [Member] | Class Two [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 5,320,871 | $ 7,180,967 |
Total Capital | $ 5,320,871 | $ 7,180,967 |
Units Outstanding | 41,318 | 56,720 |
Equinox Frontier Masters Fund [Member] | Class Three [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Managing Owner Units | $ 32,970 | $ 32,332 |
Total Capital | $ 32,970 | $ 32,332 |
Units Outstanding | 275 | 275 |
Equinox Frontier Masters Fund [Member] | Class Three [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 6,117,149 | $ 6,578,809 |
Total Capital | $ 6,117,149 | $ 6,578,809 |
Units Outstanding | 51,022 | 55,955 |
Equinox Frontier Masters Fund [Member] | Class One [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 5,361,626 | $ 8,323,800 |
Total Capital | $ 5,361,626 | $ 8,323,800 |
Units Outstanding | 47,530 | 73,747 |
Equinox Frontier Masters Fund [Member] | Owner Class One [Member] | ||
ASSETS | ||
Prepaid service fees | $ 7,355 | |
LIABILITIES | ||
Units Outstanding | 47,531 | 73,747 |
Net Asset Value per Unit | $ 112.80 | $ 112.87 |
Equinox Frontier Masters Fund [Member] | Owner Class Two [Member] | ||
LIABILITIES | ||
Units Outstanding | 43,933 | 62,347 |
Net Asset Value per Unit | $ 128.78 | $ 126.6 |
Equinox Frontier Masters Fund [Member] | Owner Class Three [Member] | ||
LIABILITIES | ||
Units Outstanding | 51,297 | 56,230 |
Net Asset Value per Unit | $ 119.89 | $ 117.57 |
Equinox Frontier Long Short Commodity Fund [Member] | ||
ASSETS | ||
Cash and cash equivalents | $ 570,169 | |
U.S. Treasury securities, at fair value | 4,792,817 | |
Swap contracts, at fair value | 4,220,468 | 4,332,428 |
Investments in private investment companies, at fair value | 6,715,142 | |
Investments in unconsolidated trading companies, at fair value | 3,414,663 | |
Interest receivable | 83,190 | |
Receivable from related parties | 87,670 | 1,606 |
Other assets | ||
Total Assets | 11,023,280 | 13,195,609 |
LIABILITIES | ||
Interest payable | ||
Pending owner additions | ||
Owner redemptions payable | 5,738 | 796 |
Incentive fees payable to Managing Owner | 28,408 | |
Management fees payable to Managing Owner | 48,210 | |
Interest payable to Managing Owner | 1,368 | |
Trading fees payable to Managing Owner | 3,542 | 6,841 |
Service fees payable to Managing Owner | 23,478 | 17,129 |
Payables to related parties | 1,603,124 | |
Advance on unrealized Swap Appreciation | 115,000 | |
Other liabilities | 6,871 | 6 |
Total Liabilities | 1,757,753 | 102,758 |
Total Owners' Capital | 9,265,527 | 13,092,851 |
Non-Controlling Interests | ||
Total Capital | 9,265,527 | 13,092,851 |
Total Liabilities and Capital | 11,023,280 | 13,195,609 |
Equinox Frontier Long Short Commodity Fund [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Incentive fees payable to Managing Owner | 28,408 | |
Management fees payable to Managing Owner | 48,210 | |
Trading fees payable to Managing Owner | 23,478 | 17,129 |
Equinox Frontier Long Short Commodity Fund [Member] | Class Two [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Managing Owner Units | 299,889 | 407,255 |
Total Capital | $ 299,889 | $ 407,255 |
Units Outstanding | 2,316 | 3,083 |
Equinox Frontier Long Short Commodity Fund [Member] | Class Two [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 508,474 | $ 586,345 |
Total Capital | $ 508,474 | $ 586,345 |
Units Outstanding | 3,924 | 4,439 |
Equinox Frontier Long Short Commodity Fund [Member] | Class Three [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 4,405,863 | $ 5,906,669 |
Total Capital | $ 4,405,863 | $ 5,906,669 |
Units Outstanding | 33,685 | 44,702 |
Equinox Frontier Long Short Commodity Fund [Member] | Class One [Member] | ||
ASSETS | ||
Prepaid service fees | $ 736 | |
Equinox Frontier Long Short Commodity Fund [Member] | Owner Class Two [Member] | ||
LIABILITIES | ||
Units Outstanding | 6,240 | 7,522 |
Net Asset Value per Unit | $ 129.56 | $ 132.1 |
Equinox Frontier Long Short Commodity Fund [Member] | Owner Class Three [Member] | ||
LIABILITIES | ||
Units Outstanding | 33,685 | 44,702 |
Net Asset Value per Unit | $ 130.80 | $ 132.14 |
Equinox Frontier Long Short Commodity Fund [Member] | Class Twoa [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Managing Owner Units | $ 234,742 | $ 235,971 |
Total Capital | $ 234,742 | $ 235,971 |
Units Outstanding | 2,222 | 2,222 |
Equinox Frontier Long Short Commodity Fund [Member] | Class Twoa [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 728,453 | $ 1,051,694 |
Total Capital | $ 728,453 | $ 1,051,694 |
Units Outstanding | 6,893 | 9,905 |
Equinox Frontier Long Short Commodity Fund [Member] | Class Threea [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Managing Owner Units | $ 11,715 | $ 11,690 |
Total Capital | $ 11,715 | $ 11,690 |
Units Outstanding | 109 | 109 |
Equinox Frontier Long Short Commodity Fund [Member] | Class Threea [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 1,162,796 | $ 839,473 |
Total Capital | $ 1,162,796 | $ 839,473 |
Units Outstanding | 10,816 | 7,856 |
Equinox Frontier Long Short Commodity Fund [Member] | Class Onea [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 1,913,595 | $ 4,053,754 |
Total Capital | $ 1,913,595 | $ 4,053,754 |
Units Outstanding | 20,628 | 42,778 |
Equinox Frontier Long Short Commodity Fund [Member] | Owner Class Onea [Member] | ||
LIABILITIES | ||
Units Outstanding | 20,628 | 42,778 |
Net Asset Value per Unit | $ 92.78 | $ 94.76 |
Equinox Frontier Long Short Commodity Fund [Member] | Owner Class Twoa [Member] | ||
LIABILITIES | ||
Units Outstanding | 9,115 | 12,127 |
Net Asset Value per Unit | $ 105.67 | $ 106.19 |
Equinox Frontier Long Short Commodity Fund [Member] | Owner Class Threea [Member] | ||
LIABILITIES | ||
Units Outstanding | 10,925 | 7,965 |
Net Asset Value per Unit | $ 107.50 | $ 106.86 |
Equinox Frontier Balanced Fund [Member] | ||
ASSETS | ||
Cash and cash equivalents | $ 1,083,579 | $ 4,895,183 |
U.S. Treasury securities, at fair value | 9,770,117 | 41,148,676 |
Receivable from futures commission merchants | 6,647,098 | 7,517,903 |
Open trade equity, at fair value | 237,661 | 11,530 |
Options purchased, at fair value | ||
Swap contracts, at fair value | 18,939,450 | 19,157,520 |
Investments in private investment companies, at fair value | 45,305,273 | |
Investments in unconsolidated trading companies, at fair value | 5,965,331 | 17,623,968 |
Interest receivable | 182,355 | 714,434 |
Receivable from related parties | 346,875 | |
Other assets | 12 | |
Total Assets | 88,477,739 | 91,069,226 |
LIABILITIES | ||
Pending owner additions | 15,538 | |
Owner redemptions payable | 780,970 | 440,090 |
Incentive fees payable to Managing Owner | 106,563 | |
Management fees payable to Managing Owner | 25,217 | 80,574 |
Interest payable to Managing Owner | 21,605 | 77,642 |
Trading fees payable to Managing Owner | 203,324 | 57,450 |
Service fees payable to Managing Owner | 129,955 | 145,576 |
Risk analysis fees payable | 1,155 | |
Payables to related parties | 24,069 | |
Advance on unrealized Swap Appreciation | 4,926,555 | |
Other liabilities | 89,585 | |
Total Liabilities | 6,178,367 | 947,502 |
Total Owners' Capital | 82,299,371 | 88,969,983 |
Non-Controlling Interests | 1,151,741 | |
Total Capital | 82,299,371 | 90,121,724 |
Total Liabilities and Capital | 88,477,738 | 91,069,226 |
Equinox Frontier Balanced Fund [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Incentive fees payable to Managing Owner | 106,563 | |
Management fees payable to Managing Owner | 25,217 | 80,574 |
Trading fees payable to Managing Owner | 203,324 | 57,450 |
Equinox Frontier Balanced Fund [Member] | Class Two [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Managing Owner Units | 530,387 | 1,429,544 |
Total Capital | $ 530,387 | $ 1,429,544 |
Units Outstanding | 2,720 | 7,956 |
Equinox Frontier Balanced Fund [Member] | Class Two [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 21,871,170 | $ 21,278,864 |
Total Capital | $ 21,871,170 | $ 21,278,864 |
Units Outstanding | 112,166 | 118,419 |
Equinox Frontier Balanced Fund [Member] | Class One [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 56,955,371 | $ 62,563,337 |
Total Capital | $ 56,955,371 | $ 62,563,337 |
Units Outstanding | 422,530 | 488,680 |
Equinox Frontier Balanced Fund [Member] | Owner Class One [Member] | ||
LIABILITIES | ||
Units Outstanding | 422,529 | 488,680 |
Net Asset Value per Unit | $ 134.80 | $ 128.03 |
Equinox Frontier Balanced Fund [Member] | Owner Class Two [Member] | ||
LIABILITIES | ||
Units Outstanding | 114,886 | 126,375 |
Net Asset Value per Unit | $ 194.99 | $ 179.69 |
Equinox Frontier Balanced Fund [Member] | Class Twoa [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Managing Owner Units | $ 209,112 | $ 191,645 |
Total Capital | $ 209,112 | $ 191,645 |
Units Outstanding | 1,237 | 1,237 |
Equinox Frontier Balanced Fund [Member] | Class Twoa [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 307,144 | $ 356,425 |
Total Capital | $ 307,144 | $ 356,425 |
Units Outstanding | 1,817 | 2,302 |
Equinox Frontier Balanced Fund [Member] | Class Threea [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 1,749,006 | $ 2,435,421 |
Total Capital | $ 1,749,006 | $ 2,435,421 |
Units Outstanding | 10,380 | 15,776 |
Equinox Frontier Balanced Fund [Member] | Owner Class Twoa [Member] | ||
LIABILITIES | ||
Units Outstanding | 3,054 | 3,539 |
Net Asset Value per Unit | $ 169.05 | $ 154.88 |
Equinox Frontier Balanced Fund [Member] | Owner Class Threea [Member] | ||
LIABILITIES | ||
Units Outstanding | 10,380 | 15,776 |
Net Asset Value per Unit | $ 168.49 | $ 154.37 |
Equinox Frontier Balanced Fund [Member] | Class OneAP [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 677,181 | $ 714,747 |
Total Capital | $ 677,181 | $ 714,747 |
Units Outstanding | 4,671 | 5,351 |
Equinox Frontier Balanced Fund [Member] | Owner Class Oneap [Member] | ||
LIABILITIES | ||
Units Outstanding | 467 | 5,351 |
Net Asset Value per Unit | $ 144.97 | $ 133.59 |
Equinox Frontier Select Fund [Member] | ||
ASSETS | ||
Cash and cash equivalents | $ 432,021 | $ 220,371 |
U.S. Treasury securities, at fair value | 2,912,611 | 1,852,429 |
Receivable from futures commission merchants | 8,208,218 | 13,281,151 |
Open trade equity, at fair value | 686,022 | 462,339 |
Swap contracts, at fair value | ||
Investments in private investment companies, at fair value | ||
Investments in unconsolidated trading companies, at fair value | 3,910,866 | 4,147,840 |
Interest receivable | 54,363 | 32,153 |
Receivable from related parties | 103,407 | |
Other assets | 3 | |
Total Assets | 16,307,508 | 19,996,286 |
LIABILITIES | ||
Pending owner additions | 1,335 | |
Owner redemptions payable | 134,579 | 16,670 |
Incentive fees payable to Managing Owner | ||
Management fees payable to Managing Owner | 21,219 | 22,884 |
Interest payable to Managing Owner | 3,518 | 3,549 |
Trading fees payable to Managing Owner | 18,129 | 8,515 |
Service fees payable to Managing Owner | 25,966 | 29,092 |
Risk analysis fees payable | 2,303 | |
Payables to related parties | 1,495 | |
Advance on unrealized Swap Appreciation | ||
Other liabilities | 11,939 | 156 |
Total Liabilities | 217,653 | 83,696 |
Total Owners' Capital | 11,982,039 | 13,096,055 |
Non-Controlling Interests | 4,107,816 | 6,816,535 |
Total Capital | 16,089,855 | 19,912,590 |
Total Liabilities and Capital | 16,307,508 | 19,996,286 |
Equinox Frontier Select Fund [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Incentive fees payable to Managing Owner | ||
Management fees payable to Managing Owner | 21,219 | 22,884 |
Trading fees payable to Managing Owner | 18,129 | 8,515 |
Equinox Frontier Select Fund [Member] | Class Two [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Managing Owner Units | 9,397 | 8,814 |
Total Capital | $ 9,397 | $ 8,814 |
Units Outstanding | 70 | 70 |
Equinox Frontier Select Fund [Member] | Class Two [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 1,402,043 | $ 1,329,359 |
Total Capital | $ 1,402,043 | $ 1,329,359 |
Units Outstanding | 10,444 | 10,626 |
Equinox Frontier Select Fund [Member] | Class One [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 10,540,702 | $ 11,710,517 |
Total Capital | $ 10,540,702 | $ 11,710,517 |
Units Outstanding | 112,059 | 129,612 |
Equinox Frontier Select Fund [Member] | Owner Class One [Member] | ||
ASSETS | ||
Prepaid service fees | ||
LIABILITIES | ||
Units Outstanding | 112,059 | 129,612 |
Net Asset Value per Unit | $ 94.06 | $ 90.35 |
Equinox Frontier Select Fund [Member] | Owner Class Two [Member] | ||
LIABILITIES | ||
Units Outstanding | 10,514 | 10,696 |
Net Asset Value per Unit | $ 134.25 | $ 125.11 |
Equinox Frontier Select Fund [Member] | Class OneAP [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 29,897 | $ 47,365 |
Total Capital | $ 29,897 | $ 47,365 |
Units Outstanding | 296 | 503 |
Equinox Frontier Select Fund [Member] | Owner Class Oneap [Member] | ||
LIABILITIES | ||
Units Outstanding | 296 | 503 |
Net Asset Value per Unit | $ 101.16 | $ 94.28 |
Equinox Frontier Winton Fund [Member] | ||
ASSETS | ||
Cash and cash equivalents | $ 1,628,208 | $ 2,928,616 |
U.S. Treasury securities, at fair value | 15,533,863 | 24,617,817 |
Receivable from futures commission merchants | 17,996,697 | 12,744,570 |
Open trade equity, at fair value | 1,222,524 | 599,579 |
Swap contracts, at fair value | ||
Investments in private investment companies, at fair value | 4,072,450 | 297,554 |
Interest receivable | 289,933 | 427,511 |
Receivable from related parties | 551,508 | |
Other assets | 2 | |
Total Assets | 41,295,183 | 41,615,649 |
LIABILITIES | ||
Pending owner additions | 13,524 | |
Owner redemptions payable | 23,162 | 51,671 |
Investments in unconsolidated trading companies, at fair value | ||
Incentive fees payable to Managing Owner | ||
Management fees payable to Managing Owner | 256,824 | 93,171 |
Interest payable to Managing Owner | 30,730 | 49,624 |
Trading fees payable to Managing Owner | 55,142 | 22,405 |
Service fees payable to Managing Owner | 39,370 | 44,422 |
Risk analysis fees payable | 12,215 | |
Payables to related parties | 31,638 | |
Advance on unrealized Swap Appreciation | ||
Other liabilities | 2,880 | |
Total Liabilities | 420,323 | 306,455 |
Total Owners' Capital | 31,766,526 | 34,941,543 |
Non-Controlling Interests | 9,108,334 | 6,367,651 |
Total Capital | 40,874,860 | 41,309,194 |
Total Liabilities and Capital | 41,295,183 | 41,615,649 |
Equinox Frontier Winton Fund [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Incentive fees payable to Managing Owner | ||
Management fees payable to Managing Owner | 256,824 | 93,171 |
Trading fees payable to Managing Owner | 55,142 | 22,405 |
Equinox Frontier Winton Fund [Member] | Class Two [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Managing Owner Units | 43,553 | 44,962 |
Total Capital | $ 43,553 | $ 44,962 |
Units Outstanding | 207 | 207 |
Equinox Frontier Winton Fund [Member] | Class Two [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 11,402,560 | $ 11,837,205 |
Total Capital | $ 11,402,560 | $ 11,837,205 |
Units Outstanding | 54,044 | 54,422 |
Equinox Frontier Winton Fund [Member] | Class One [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 20,284,935 | $ 23,022,800 |
Total Capital | $ 20,284,935 | $ 23,022,800 |
Units Outstanding | 131,283 | 140,239 |
Equinox Frontier Winton Fund [Member] | Owner Class One [Member] | ||
LIABILITIES | ||
Units Outstanding | 131,283 | 140,239 |
Net Asset Value per Unit | $ 154.51 | $ 164.17 |
Equinox Frontier Winton Fund [Member] | Owner Class Two [Member] | ||
LIABILITIES | ||
Units Outstanding | 54,251 | 54,629 |
Net Asset Value per Unit | $ 210.98 | $ 217.51 |
Equinox Frontier Winton Fund [Member] | Class OneAP [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 35,478 | $ 36,576 |
Total Capital | $ 35,478 | $ 36,576 |
Units Outstanding | 214 | 214 |
Equinox Frontier Winton Fund [Member] | Owner Class Oneap [Member] | ||
LIABILITIES | ||
Units Outstanding | 214 | 214 |
Net Asset Value per Unit | $ 166.17 | $ 171.31 |
Equinox Frontier Heritage Fund [Member] | ||
ASSETS | ||
Cash and cash equivalents | $ 382,499 | $ 655,319 |
U.S. Treasury securities, at fair value | 3,701,890 | 5,508,577 |
Receivable from futures commission merchants | ||
Open trade equity, at fair value | ||
Swap contracts, at fair value | 8,391,414 | 7,960,268 |
Investments in private investment companies, at fair value | 2,744,640 | 1,405,586 |
Interest receivable | 69,095 | 95,612 |
Receivable from related parties | 131,430 | |
Other assets | 2 | |
Total Assets | 15,420,968 | 15,625,364 |
LIABILITIES | ||
Pending owner additions | 3,251 | |
Owner redemptions payable | 84,355 | |
Investments in unconsolidated trading companies, at fair value | ||
Incentive fees payable to Managing Owner | ||
Management fees payable to Managing Owner | 56,501 | 21,490 |
Interest payable to Managing Owner | 7,420 | 11,066 |
Trading fees payable to Managing Owner | 17,953 | 7,457 |
Service fees payable to Managing Owner | 16,457 | 18,807 |
Risk analysis fees payable | ||
Payables to related parties | 4,416 | |
Advance on unrealized Swap Appreciation | 1,900,000 | |
Other liabilities | 18,085 | |
Total Liabilities | 2,016,416 | 150,842 |
Total Owners' Capital | 10,257,273 | 11,540,602 |
Non-Controlling Interests | 3,147,279 | 3,933,920 |
Total Capital | 13,404,552 | 15,474,522 |
Total Liabilities and Capital | 15,420,968 | 15,625,364 |
Equinox Frontier Heritage Fund [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Incentive fees payable to Managing Owner | ||
Management fees payable to Managing Owner | 56,501 | 21,490 |
Trading fees payable to Managing Owner | 17,953 | 7,457 |
Equinox Frontier Heritage Fund [Member] | Class Two [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Managing Owner Units | 73,660 | 74,329 |
Equinox Frontier Heritage Fund [Member] | Class Two [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | 2,670,715 | 2,779,024 |
Equinox Frontier Heritage Fund [Member] | Class One [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | 7,507,072 | 8,628,726 |
Total Capital | $ 7,507,072 | $ 8,628,726 |
Units Outstanding | 62,779 | 69,436 |
Equinox Frontier Heritage Fund [Member] | Owner Class One [Member] | ||
LIABILITIES | ||
Units Outstanding | 62,779 | 69,436 |
Net Asset Value per Unit | $ 119.58 | $ 124.27 |
Equinox Frontier Heritage Fund [Member] | Owner Class Two [Member] | ||
LIABILITIES | ||
Units Outstanding | 15,946 | 16,441 |
Net Asset Value per Unit | $ 172.10 | $ 173.54 |
Equinox Frontier Heritage Fund [Member] | Class Twoa [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Total Capital | $ 73,660 | $ 74,329 |
Units Outstanding | 428 | 428 |
Equinox Frontier Heritage Fund [Member] | Class Twoa [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Total Capital | $ 2,670,715 | $ 2,779,024 |
Units Outstanding | 15,518 | 16,013 |
Equinox Frontier Heritage Fund [Member] | Class OneAP [Member] | Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 5,826 | $ 58,523 |
Total Capital | $ 5,826 | $ 58,523 |
Units Outstanding | 45 | 452 |
Equinox Frontier Heritage Fund [Member] | Owner Class Oneap [Member] | ||
LIABILITIES | ||
Units Outstanding | 45 | 452 |
Net Asset Value per Unit | $ 128.60 | $ 129.67 |
Frontier Trading Company II, LLC | ||
ASSETS | ||
Cash and cash equivalents | ||
Receivable from futures commission merchants | 17,996,697 | 12,744,570 |
Open trade equity, at fair value | 1,222,524 | 599,579 |
Options purchased, at fair value | ||
Interest receivable | 217 | |
Total Assets | 19,219,221 | 13,344,366 |
LIABILITIES | ||
Open trade deficit, at fair value | ||
Options written, at fair value | ||
Interest payable | ||
Risk analysis fees payable | 12,215 | |
Total Liabilities | 12,215 | |
Total Capital | 19,207,006 | 13,344,366 |
Total Liabilities and Capital | 19,219,221 | 13,344,366 |
Frontier Trading Company Xiv Llc [Member] | ||
ASSETS | ||
Cash and cash equivalents | ||
Receivable from futures commission merchants | 3,409,216 | |
Open trade equity, at fair value | 34,484 | |
Interest receivable | 211 | |
Total Assets | 3,443,911 | |
LIABILITIES | ||
Open trade deficit, at fair value | ||
Interest payable | ||
Risk analysis fees payable | ||
Total Liabilities | ||
Total Capital | 3,443,911 | |
Total Liabilities and Capital | 3,443,911 | |
Frontier Trading Company XV, LLC | ||
ASSETS | ||
Cash and cash equivalents | ||
Receivable from futures commission merchants | 8,207,387 | 13,281,153 |
Open trade equity, at fair value | 642,494 | 462,340 |
Interest receivable | ||
Total Assets | 8,849,881 | 13,743,493 |
LIABILITIES | ||
Open trade deficit, at fair value | ||
Interest payable | 304 | 156 |
Risk analysis fees payable | 2,303 | |
Total Liabilities | 2,607 | 156 |
Total Capital | 8,847,274 | 13,743,337 |
Total Liabilities and Capital | 8,849,881 | 13,743,493 |
Frontier Trading Company XXIII, LLC | ||
ASSETS | ||
Cash and cash equivalents | ||
Receivable from futures commission merchants | 3,093,791 | |
Open trade equity, at fair value | ||
Interest receivable | ||
Total Assets | 3,093,791 | |
LIABILITIES | ||
Open trade deficit, at fair value | 27,706 | |
Interest payable | ||
Risk analysis fees payable | ||
Total Liabilities | 27,706 | |
Total Capital | 3,066,085 | |
Total Liabilities and Capital | 3,093,791 | |
Frontier Trading Company Xxix Llc [Member] | ||
ASSETS | ||
Cash and cash equivalents | ||
Receivable from futures commission merchants | 1,014,896 | |
Open trade equity, at fair value | 4,750 | |
Swap contracts, at fair value | ||
Total Assets | 1,019,646 | |
LIABILITIES | ||
Advance on unrealized Swap Appreciation | ||
Total Liabilities | ||
Total Capital | 1,019,646 | |
Total Liabilities and Capital | 1,019,646 | |
Frontier Trading Company Xxxiv Llc [Member] | ||
ASSETS | ||
Cash and cash equivalents | ||
Receivable from futures commission merchants | ||
Open trade equity, at fair value | ||
Swap contracts, at fair value | 18,939,450 | 19,157,522 |
Total Assets | 18,939,450 | 19,157,522 |
LIABILITIES | ||
Advance on unrealized Swap Appreciation | 4,926,555 | |
Total Liabilities | 4,926,555 | |
Total Capital | 14,012,895 | 19,157,522 |
Total Liabilities and Capital | 18,939,450 | 19,157,522 |
Frontier Trading Company Xxxv Llc [Member] | ||
ASSETS | ||
Cash and cash equivalents | ||
Receivable from futures commission merchants | ||
Open trade equity, at fair value | ||
Swap contracts, at fair value | 8,637,847 | 8,685,850 |
Total Assets | 8,637,847 | 8,685,850 |
LIABILITIES | ||
Advance on unrealized Swap Appreciation | 2,500,000 | |
Total Liabilities | 2,500,000 | |
Total Capital | 6,137,847 | 8,685,850 |
Total Liabilities and Capital | 8,637,847 | 8,685,850 |
Frontier Trading Company Xxxvii Llc [Member] | ||
ASSETS | ||
Cash and cash equivalents | ||
Receivable from futures commission merchants | ||
Open trade equity, at fair value | ||
Swap contracts, at fair value | 4,220,468 | 4,332,427 |
Investments in private investment companies, at fair value | ||
Total Assets | 4,220,468 | 4,332,427 |
LIABILITIES | ||
Interest payable | ||
Advance on unrealized Swap Appreciation | 115,000 | |
Total Liabilities | 115,000 | |
Total Capital | 4,105,468 | 4,332,427 |
Total Liabilities and Capital | 4,220,468 | 4,332,427 |
Frontier Trading Company XXXVIII, LLC | ||
ASSETS | ||
Cash and cash equivalents | ||
Receivable from futures commission merchants | 2,670,015 | |
Open trade equity, at fair value | 304,878 | |
Swap contracts, at fair value | ||
Investments in private investment companies, at fair value | 11,184,103 | |
Total Assets | 11,184,103 | 2,974,893 |
LIABILITIES | ||
Interest payable | 198 | |
Advance on unrealized Swap Appreciation | ||
Total Liabilities | 198 | |
Total Capital | 11,184,103 | 2,974,695 |
Total Liabilities and Capital | 11,184,103 | 2,974,893 |
Frontier Trading Company XXXIX, LLC | ||
ASSETS | ||
Cash and cash equivalents | ||
Receivable from futures commission merchants | ||
Open trade equity, at fair value | ||
Swap contracts, at fair value | 8,391,414 | 7,960,269 |
Investments in private investment companies, at fair value | ||
Total Assets | 8,391,414 | 7,960,269 |
LIABILITIES | ||
Interest payable | ||
Advance on unrealized Swap Appreciation | 1,900,000 | |
Total Liabilities | 1,900,000 | |
Total Capital | 6,491,414 | 7,960,269 |
Total Liabilities and Capital | 8,391,414 | $ 7,960,269 |
Galaxy Plus ADG Master Fund | ||
ASSETS | ||
Cash and cash equivalents | 9,005,096 | |
Other assets | 10,040 | |
Total Assets | 10,587,489 | |
LIABILITIES | ||
Total Liabilities | ||
Total Liabilities and Capital | 10,587,489 | |
Galaxy Plus Aspect Master Fund | ||
ASSETS | ||
Cash and cash equivalents | 2,611,117 | |
Total Assets | 4,913,175 | |
LIABILITIES | ||
Total Liabilities | 286,034 | |
Total Liabilities and Capital | 4,913,175 | |
Galaxy Plus Chesapeake Master Fund | ||
ASSETS | ||
Cash and cash equivalents | 6,104,869 | |
Other assets | 11,065 | |
Total Assets | 11,931,334 | |
LIABILITIES | ||
Total Liabilities | 425,852 | |
Total Liabilities and Capital | 11,931,334 | |
Galaxy Plus Doherty Master Fund | ||
ASSETS | ||
Cash and cash equivalents | 6,032,278 | |
Options purchased, at fair value | 173,153 | |
Other assets | 11,869 | |
Total Assets | 6,714,313 | |
LIABILITIES | ||
Total Liabilities | 157,255 | |
Total Liabilities and Capital | 6,714,313 | |
Galaxy Plus EVE Master Fund | ||
ASSETS | ||
Cash and cash equivalents | 9,899,772 | |
Other assets | 11,987 | |
Total Assets | 12,951,179 | |
LIABILITIES | ||
Total Liabilities | 1,300,150 | |
Total Liabilities and Capital | 12,951,179 | |
Galaxy Plus Master Fort | ||
ASSETS | ||
Cash and cash equivalents | 8,363,795 | |
Other assets | 9,333 | |
Total Assets | 11,636,698 | |
LIABILITIES | ||
Owner redemptions payable | 5,456 | |
Total Liabilities | 183,782 | |
Total Liabilities and Capital | 11,636,698 | |
Galaxy Plus LRR Master Fund | ||
ASSETS | ||
Cash and cash equivalents | 6,021,563 | |
Options purchased, at fair value | 577,440 | |
Other assets | 33,202 | |
Total Assets | 7,927,129 | |
LIABILITIES | ||
Options written, at fair value | 209,580 | |
Total Liabilities | 209,580 | |
Total Liabilities and Capital | 7,927,129 | |
Galaxy Plus QIM Master Fund | ||
ASSETS | ||
Cash and cash equivalents | 6,500,666 | |
Other assets | 12,026 | |
Total Assets | 21,549,770 | |
LIABILITIES | ||
Total Liabilities | 93,147 | |
Total Liabilities and Capital | 21,549,770 | |
Galaxy Plus Quantmetrics Master Fund | ||
ASSETS | ||
Cash and cash equivalents | 19,152,703 | |
Other assets | 10,720 | |
Total Assets | 19,261,458 | |
LIABILITIES | ||
Total Liabilities | ||
Total Liabilities and Capital | 19,261,458 | |
Galaxy Plus Quest Master Fund | ||
ASSETS | ||
Cash and cash equivalents | 1,184,681 | |
Other assets | 11,704 | |
Total Assets | 3,883,778 | |
LIABILITIES | ||
Total Liabilities | ||
Total Liabilities and Capital | 3,883,778 | |
Galaxy Plus Quest Fit Master Fund | ||
ASSETS | ||
Cash and cash equivalents | 6,429,802 | |
Other assets | 13,407 | |
Total Assets | 11,200,986 | |
LIABILITIES | ||
Other liabilities | 2,026 | |
Total Liabilities | 2,026 | |
Total Liabilities and Capital | 11,200,986 | |
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 510 Series | ||
ASSETS | ||
Investment in Master Fund - at fair value | 11,452,916 | |
Cash and cash equivalents | 481,816 | |
Total Assets | 11,934,732 | |
LIABILITIES | ||
Payable to Master Fund | ||
Incentive fees payable to Managing Owner | 356 | |
Accrued sales commissions | 17,974 | |
Management fees payable to Managing Owner | 8,819 | |
Accrued operating expenses | 2,334 | |
Total Liabilities | 29,483 | |
Member's equity | 11,905,249 | |
Total Liabilities and Capital | 11,934,732 | |
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 516 Series | ||
ASSETS | ||
Investment in Master Fund - at fair value | 11,651,029 | |
Cash and cash equivalents | 10,726 | |
Receivable from Master Fund | 50,740 | |
Total Assets | 11,712,495 | |
LIABILITIES | ||
Payable to Master Fund | ||
Incentive fees payable to Managing Owner | 103,064 | |
Accrued sales commissions | 37,679 | |
Management fees payable to Managing Owner | 10,197 | |
Accrued operating expenses | 466 | |
Total Liabilities | 151,406 | |
Member's equity | 11,561,089 | |
Total Liabilities and Capital | 11,712,495 | |
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 517 Series | ||
ASSETS | ||
Investment in Master Fund - at fair value | 3,883,778 | |
Cash and cash equivalents | 1,537 | |
Total Assets | 3,885,315 | |
LIABILITIES | ||
Payable to Master Fund | ||
Incentive fees payable to Managing Owner | ||
Accrued sales commissions | 8,474 | |
Management fees payable to Managing Owner | 3,478 | |
Accrued operating expenses | 376 | |
Total Liabilities | 12,328 | |
Member's equity | 3,872,987 | |
Total Liabilities and Capital | 3,885,315 | |
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 518 Series | ||
ASSETS | ||
Investment in Master Fund - at fair value | 11,505,482 | |
Cash and cash equivalents | 3,906 | |
Total Assets | 11,509,388 | |
LIABILITIES | ||
Payable to Master Fund | 1,000 | |
Incentive fees payable to Managing Owner | ||
Accrued sales commissions | 28,050 | |
Management fees payable to Managing Owner | 5,987 | |
Accrued operating expenses | 363 | |
Total Liabilities | 35,400 | |
Member's equity | 11,473,988 | |
Total Liabilities and Capital | 11,509,388 | |
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 522 Series | ||
ASSETS | ||
Investment in Master Fund - at fair value | 7,717,549 | |
Cash and cash equivalents | 5,094 | |
Total Assets | 7,722,643 | |
LIABILITIES | ||
Payable to Master Fund | 3,000 | |
Incentive fees payable to Managing Owner | 93,653 | |
Accrued sales commissions | 32,345 | |
Management fees payable to Managing Owner | 5,148 | |
Accrued operating expenses | 1,253 | |
Total Liabilities | 135,399 | |
Member's equity | 7,587,244 | |
Total Liabilities and Capital | 7,722,643 | |
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 526 Series | ||
ASSETS | ||
Investment in Master Fund - at fair value | 21,456,623 | |
Cash and cash equivalents | 54,433 | |
Receivable from Master Fund | 93,147 | |
Total Assets | 21,604,203 | |
LIABILITIES | ||
Payable to Master Fund | ||
Incentive fees payable to Managing Owner | 1,066,204 | |
Accrued sales commissions | 34,263 | |
Management fees payable to Managing Owner | 16,530 | |
Accrued sponsor fees | 76 | |
Accrued operating expenses | 560 | |
Total Liabilities | 1,117,633 | |
Member's equity | 20,486,570 | |
Total Liabilities and Capital | 21,604,203 | |
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 527 Series | ||
ASSETS | ||
Investment in Master Fund - at fair value | 19,261,458 | |
Cash and cash equivalents | 6,707 | |
Total Assets | 19,268,165 | |
LIABILITIES | ||
Payable to Master Fund | 1,000 | |
Incentive fees payable to Managing Owner | ||
Accrued sales commissions | 24,782 | |
Management fees payable to Managing Owner | 11,886 | |
Accrued sponsor fees | ||
Accrued operating expenses | 344 | |
Total Liabilities | 38,012 | |
Member's equity | 19,230,153 | |
Total Liabilities and Capital | 19,268,165 | |
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 528 Series | ||
ASSETS | ||
Investment in Master Fund - at fair value | 6,557,058 | |
Cash and cash equivalents | 2,470 | |
Total Assets | 6,559,528 | |
LIABILITIES | ||
Payable to Master Fund | 1,000 | |
Incentive fees payable to Managing Owner | 21,229 | |
Accrued sales commissions | 6,535 | |
Management fees payable to Managing Owner | 3,267 | |
Accrued sponsor fees | ||
Accrued operating expenses | 387 | |
Total Liabilities | 32,418 | |
Member's equity | 6,527,110 | |
Total Liabilities and Capital | 6,559,528 | |
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 532 Series | ||
ASSETS | ||
Investment in Master Fund - at fair value | 4,627,141 | |
Cash and cash equivalents | 915 | |
Total Assets | 4,628,056 | |
LIABILITIES | ||
Payable to Master Fund | 1,000 | |
Incentive fees payable to Managing Owner | ||
Accrued sales commissions | 5,148 | |
Management fees payable to Managing Owner | 1,287 | |
Accrued sponsor fees | ||
Accrued operating expenses | 391 | |
Total Liabilities | 7,826 | |
Member's equity | 4,620,230 | |
Total Liabilities and Capital | 4,628,056 | |
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 535 Series | ||
ASSETS | ||
Investment in Master Fund - at fair value | 11,198,960 | |
Cash and cash equivalents | 5,541 | |
Total Assets | 11,204,501 | |
LIABILITIES | ||
Payable to Master Fund | ||
Incentive fees payable to Managing Owner | ||
Accrued sales commissions | 9,396 | |
Management fees payable to Managing Owner | 11,284 | |
Accrued sponsor fees | ||
Accrued operating expenses | 417 | |
Total Liabilities | 21,097 | |
Member's equity | 11,183,404 | |
Total Liabilities and Capital | $ 11,204,501 |
Consolidated Schedules of Inves
Consolidated Schedules of Investments | Dec. 31, 2016USD ($)Contracts | Dec. 31, 2015USD ($) | |||
US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 42,757,604 | $ 117,478,438 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 19.52% | 48.91% | |||
Us Treasury Note Six Point Zero Zero Zero Percent Due Two Thousand And Twenty Six [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 22,193,498 | $ 89,465,938 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 10.13% | 37.25% | |||
Investment Owned, Underlying Face Amount, at Market Value | $ 16,400,000 | $ 67,000,000 | |||
Us Treasury Note Six Point Eight Seven Five Percent Due Two Thousand And Twenty Five [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 20,564,106 | $ 28,012,500 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 9.39% | 11.66% | |||
Investment Owned, Underlying Face Amount, at Market Value | $ 15,900,000 | $ 20,000,000 | |||
Open Trade Equity Deficit [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 2,146,207 | $ (4,348,872) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.97% | (1.81%) | ||
Short Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 1,249,235 | $ 18,182,237 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.57% | 7.57% | ||
Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 5,396 | $ 912 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | 0.00% | ||
Short Futures Contracts [Member] | Various Stock Index Futures Contracts Africa [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 4,459 | $ (10,962) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | 0.00% | ||
Short Futures Contracts [Member] | Various Soft Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (1,321) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | |||
Short Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 111,769 | $ 49,202 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.05% | 0.02% | ||
Short Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 113,542 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.05% | |||
Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 1,320,899 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.55% | |||
Short Futures Contracts [Member] | Various Soft Futures Contract Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 95,739 | $ (10,130) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.04% | 0.00% | ||
Short Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (12,679) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | (0.01%) | ||
Short Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (364,588) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.15%) | |||
Short Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 3,963,547 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 1.65% | |||
Short Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (39,052) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.02%) | |||
Short Futures Contracts [Member] | Various Stock Index Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (23,117) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | (0.01%) | ||
Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 22,526 | $ (171,001) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.01% | (0.07%) | ||
Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (17,617) | $ 130,658 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.01%) | 0.05% | ||
Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 148,445 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.06% | |||
Short Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 1,304,853 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.54% | |||
Short Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (2,802) | $ (23,385) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | (0.01%) | ||
Short Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (2,456) | $ 87,447 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | 0.04% | ||
Short Futures Contracts [Member] | Various Energy Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 1,430 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | |||
Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 4,492 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | |||
Short Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 402,411 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.17% | |||
Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (18,300) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.01%) | |||
Short Futures Contracts [Member] | Various Stock Index Futures Contracts Mexico [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 790 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | |||
Short Futures Contracts [Member] | Various Soft Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (1,348) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | |||
Short Futures Contracts [Member] | Various Soft Futures Contracts Singapore [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 930 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | |||
Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Far East One [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (2,639) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | |||
Short Futures Contracts [Member] | Various Energy Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 29,608 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.01% | |||
Short Futures Contracts [Member] | Various Stock Index Futures Contracts Warsaw [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (3,926) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | |||
Short Futures Contracts [Member] | Wti Crude Oil Settling April Thirtieth Two Thousand and Sixteenth Number of Contracts Eight Hundred and Forty Five [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 4,039,571 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 1.68% | |||
Short Futures Contracts [Member] | Wti Crude Oil Settling June Twenty Ninth Two Thousand And Sixteenth Number Of Contracts Seven Hundred And Fifty Six [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 3,923,021 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 1.63% | |||
Short Futures Contracts [Member] | Heat Oil Settling August First Two Thousand And Sixteen Number Of Contracts Two Hundred and Ten [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 3,342,927 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 1.39% | |||
Short Futures Contracts [Member] | Various Currency Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 187,929 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.09% | |||
Short Futures Contracts [Member] | Various Base Metals Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (200,612) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.09%) | |||
Short Futures Contracts [Member] | Various Currency Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 1,130 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | |||
Short Futures Contracts [Member] | Various Energy Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (82,280) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.04%) | |||
Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 172,279 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.08% | |||
Short Futures Contracts [Member] | Various Precious Metal Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 208,285 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.10% | |||
Short Futures Contracts [Member] | Various Soft Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 62,055 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.03% | |||
Short Futures Contracts [Member] | Various Stock Index Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 16,027 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.01% | |||
Long Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 842,388 | $ (22,606,527) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.38% | (9.41%) | ||
Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (503) | $ 111,674 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | 0.05% | ||
Long Futures Contracts [Member] | Various Soft Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (1,115) | $ 513 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | 0.00% | ||
Long Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 73,103 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.03% | |||
Long Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (1,250,449) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.52%) | |||
Long Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (2,773,754) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (1.15%) | |||
Long Futures Contracts [Member] | Various Soft Futures Contract Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 1,956 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | |||
Long Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 61,876 | $ (2,642) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.03% | 0.00% | ||
Long Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 349,981 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.15% | |||
Long Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (2,605,923) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (1.08%) | |||
Long Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 135,830 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.06% | |||
Long Futures Contracts [Member] | Various Stock Index Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 925 | $ (43,551) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | (0.02%) | ||
Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 103 | $ (19,910) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | (0.01%) | ||
Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 255,450 | $ (686,234) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.12% | (0.29%) | ||
Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (568,406) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.24%) | |||
Long Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 54,431 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.02% | |||
Long Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 302,352 | $ 100,955 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.14% | 0.04% | ||
Long Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 362,606 | $ (184,632) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.17% | (0.08%) | ||
Long Futures Contracts [Member] | Various Energy Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 8,788 | $ 605 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | 0.00% | ||
Long Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (96,596) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.04%) | |||
Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 304,974 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.13% | |||
Long Futures Contracts [Member] | Various Currency Futures Contracts Singapore [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 6,824 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | |||
Long Futures Contracts [Member] | Various Energy Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 13,493 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.01% | |||
Long Futures Contracts [Member] | Various Soft Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 5,505 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | |||
Long Futures Contracts [Member] | Brent Crude Oil Light Settling January Twenty Nine Two Thousand Sixteen Number Of Contracts Five Hundred and Forty Six [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (3,709,735) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (1.54%) | |||
Long Futures Contracts [Member] | Wti Crude Oil Settling May Thirty First Two Thousand and Sixteenth Number of Contracts Nine Hundred and Twenty Five [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (7,677,427) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (3.20%) | |||
Long Futures Contracts [Member] | Heating Oil Settling June Twenty Ninth Two Thousand And Sixteenth Number Of Contracts Three Hundred And Fourteen [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (4,145,156) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (1.73%) | |||
Long Futures Contracts [Member] | Various Currency Futures Contracts Europe | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 73,909 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.03% | |||
Long Futures Contracts [Member] | Various Base Metals Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (41,946) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.02%) | |||
Long Futures Contracts [Member] | Various Base Metals Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (20,244) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.01%) | |||
Long Futures Contracts [Member] | Various Currency Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 50,242 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.02% | |||
Long Futures Contracts [Member] | Various Energy Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 218,762 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.10% | |||
Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 25,285 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.01% | |||
Long Futures Contracts [Member] | Various Precious Metal Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (3,860) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | |||
Long Futures Contracts [Member] | Various Soft Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (178,253) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.08%) | |||
Long Futures Contracts [Member] | Various Stock Index Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (284,324) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.13%) | |||
Swap [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 40,189,178 | $ 40,136,065 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 18.35% | 16.71% | ||
Swap [Member] | Frontier Thirty Five Diversified Select Swap Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 8,637,847 | $ 8,685,849 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 3.94% | 3.62% | ||
Swap [Member] | Frontier Brevan Howard Swap Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 8,391,414 | $ 7,960,269 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 3.83% | 3.31% | ||
Swap [Member] | Frontier Thirty Seven Ls Select Swap Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 4,220,467 | $ 4,332,428 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 193.00% | 1.80% | ||
Swap [Member] | Frontier Thirty Four Balanced Select Swap Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 18,939,450 | $ 19,157,519 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 8.65% | 7.98% | ||
Currency Forwards [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 54,584 | $ 75,418 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.02% | 0.03% | ||
Currency Forwards [Member] | Various Currency Forward Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 54,584 | $ 75,418 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.02% | 0.03% | ||
Options Purchased [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 262,365 | $ 526,288 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.11% | 0.21% | ||
Options Purchased [Member] | Various Energy Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 16,000 | $ 154,530 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.01% | 0.06% | ||
Options Purchased [Member] | Various Stock Index Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 246,365 | $ 371,758 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.11% | 0.15% | ||
Options Written [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (99,845) | $ (165,760) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.04%) | (0.07%) | ||
Options Written [Member] | Various Energy Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (165,760) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.07%) | |||
Options Written [Member] | Various Stock Index Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (97,325) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.04%) | |||
Equinox Frontier Balanced Fund [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [2] | $ 12,034,303 | $ 41,148,676 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 14.34% | 45.66% | ||
Investment Owned, at Cost | [2] | $ 41,114,551 | |||
Equinox Frontier Balanced Fund [Member] | Additional [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Underlying Face Amount, at Market Value | [2] | $ 7,571,473 | 30,473,122 | ||
Investment Owned, at Cost | [2] | 10,628,688 | |||
Equinox Frontier Balanced Fund [Member] | Us Treasury Note Six Point Zero Zero Zero Percent Due Two Thousand And Twenty Six [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [2] | $ 4,698,901 | $ 31,336,857 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 5.71% | 34.77% | ||
Investment Owned, Underlying Face Amount, at Market Value | [2] | $ 15,900,000 | $ 67,000,000 | ||
Equinox Frontier Balanced Fund [Member] | Us Treasury Note Six Point Zero Zero Zero Percent Due Two Thousand And Twenty Six [Member] | Additional [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Underlying Face Amount, at Market Value | [2] | 3,727,134 | 23,467,807 | ||
Investment Owned, at Cost | [2] | 5,244,210 | |||
Equinox Frontier Balanced Fund [Member] | Us Treasury Note Six Point Eight Seven Five Percent Due Two Thousand And Twenty Five [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [2] | $ 5,071,216 | $ 9,811,819 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 6.16% | 10.89% | ||
Investment Owned, Underlying Face Amount, at Market Value | [2] | $ 16,400,000 | $ 20,000,000 | ||
Equinox Frontier Balanced Fund [Member] | Us Treasury Note Six Point Eight Seven Five Percent Due Two Thousand And Twenty Five [Member] | Additional [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Underlying Face Amount, at Market Value | [2] | 3,844,339 | 7,005,315 | ||
Investment Owned, at Cost | [2] | 5,384,478 | |||
Equinox Frontier Balanced Fund [Member] | Open Trade Equity Deficit [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 11,530 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 302,097 | $ 366,177 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.37% | 0.41% | |||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 6,253 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.01% | 0.00% | |||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Africa [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 2,440 | $ (751) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | 0.00% | |||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (1,305) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 53,851 | $ 1,832 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.07% | 0.00% | |||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 81,563 | $ (11,475) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.10% | (0.01%) | |||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 4,790 | $ 3,105 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.01% | 0.00% | |||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contract Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (1,700) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 15,398 | $ 48,192 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.02% | 0.05% | |||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (190,359) | $ 97,810 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.23%) | 0.11% | |||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 17,499 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.02% | ||||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 26,568 | $ (3,367) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.03% | 0.00% | |||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 2,481 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 28,086 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.03% | ||||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 188,615 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.21% | ||||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (5,629) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.01%) | ||||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 3,179 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 1,020 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 466 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (5,389) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.01%) | ||||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 686 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | 0.00% | |||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Mexico [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 717 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Warsaw [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 2,791 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Singapore [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Far East One [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 18,673 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.02% | 0.00% | |||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Europe | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | |||||
Investment Owned, % of Total Capital (Net Asset Value) | |||||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Canada | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (28,390) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.03%) | ||||
Equinox Frontier Balanced Fund [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | |||||
Investment Owned, % of Total Capital (Net Asset Value) | |||||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (13,450) | $ (381,528) | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.03%) | (0.42%) | |||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 58,668 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.07% | ||||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 394 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 11,675 | $ 650 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.01% | 0.00% | |||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 13,072 | $ (6,180) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.02% | (0.01%) | |||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 13,845 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.02% | ||||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (87,878) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.10%) | ||||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (10,780) | $ (237,837) | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.01%) | (0.27%) | |||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (29,115) | $ 25,421 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.04%) | 0.03% | |||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (2,002) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 14,834 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.02% | ||||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (132,159) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.15%) | ||||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (163,570) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.18%) | ||||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 39,959 | $ (30,157) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.05% | (0.03%) | |||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 3,375 | $ 38,507 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | 0.04% | |||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 25,750 | $ (14,865) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.03% | (0.02%) | |||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 605 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 46,701 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.05% | ||||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 93,495 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.11% | ||||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Singapore [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Europe | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (1,908) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | |||||
Investment Owned, % of Total Capital (Net Asset Value) | |||||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | |||||
Investment Owned, % of Total Capital (Net Asset Value) | |||||
Equinox Frontier Balanced Fund [Member] | Swap [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [3] | $ 18,939,450 | $ 19,157,520 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 23.01% | 21.26% | ||
Equinox Frontier Balanced Fund [Member] | Swap [Member] | Frontier Thirty Four Balanced Select Swap Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [3] | $ 16,586,708 | $ 19,157,520 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 19.77% | 21.26% | ||
Equinox Frontier Balanced Fund [Member] | Investment In Unconsolidated Entities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 5,965,331 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 7.25% | |||
Equinox Frontier Balanced Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company II, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 3,403,939 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 4.14% | |||
Equinox Frontier Balanced Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company XXXVIII, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 2,561,392 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 3.11% | |||
Equinox Frontier Balanced Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company XXXIX, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Balanced Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company XXIII, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Balanced Fund [Member] | Currency Forwards [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 50,986 | $ 26,881 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.06%) | 0.03% | |||
Equinox Frontier Balanced Fund [Member] | Currency Forwards [Member] | Open Trade Equity Deficit [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 1,501,565 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.79% | ||||
Equinox Frontier Balanced Fund [Member] | Currency Forwards [Member] | Various Currency Forward Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 50,986 | $ 26,881 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.06%) | 0.03% | |||
Equinox Frontier Balanced Fund [Member] | Private Investment Companies [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 45,305,273 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 55.05% | ||||
Equinox Frontier Balanced Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 4,190,798 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 5.09% | ||||
Equinox Frontier Balanced Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Quantmetrics Feeder Fund (527) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 10,626,274 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 12.91% | ||||
Equinox Frontier Balanced Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Quest Feeder Fund (517) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 902,546 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.10% | ||||
Equinox Frontier Balanced Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Aspect Feeder Fund (532) LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 2,786,543 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 3.39% | ||||
Equinox Frontier Balanced Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - LRR Feeder Fund (522) LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 2,989,088 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 3.63% | ||||
Equinox Frontier Balanced Fund [Member] | Private Investment Companies [Member] | GalaxyPlusFundDohertyFeederFund528LLC | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 4,114,892 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 5.00% | ||||
Equinox Frontier Balanced Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 7,071,313 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 8.59% | ||||
Equinox Frontier Balanced Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - QIM Feeder Fund (526) LLC | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 1,263,819 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 15.34% | ||||
Equinox Frontier Diversified Fund | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [2] | $ 6,525,280 | $ 27,604,916 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 11.56% | 49.54% | ||
Equinox Frontier Diversified Fund | Additional [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Underlying Face Amount, at Market Value | [2] | $ 5,056,846 | $ 20,443,138 | ||
Investment Owned, at Cost | 7,098,703 | [2] | 27,582,023 | [3] | |
Equinox Frontier Diversified Fund | Us Treasury Note Six Point Zero Zero Zero Percent Due Two Thousand And Twenty Six [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [2] | $ 3,138,309 | $ 21,022,579 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 5.56% | 37.73% | ||
Investment Owned, Underlying Face Amount, at Market Value | [2] | $ 15,900,000 | $ 67,000,000 | ||
Equinox Frontier Diversified Fund | Us Treasury Note Six Point Zero Zero Zero Percent Due Two Thousand And Twenty Six [Member] | Additional [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Underlying Face Amount, at Market Value | [2] | 2,489,283 | 15,743,566 | ||
Investment Owned, at Cost | 3,502,510 | [2] | 20,999,686 | [3] | |
Equinox Frontier Diversified Fund | Us Treasury Note Six Point Eight Seven Five Percent Due Two Thousand And Twenty Five [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [2] | $ 3,386,971 | $ 6,582,337 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 6.00% | 11.81% | ||
Investment Owned, Underlying Face Amount, at Market Value | [2] | $ 16,400,000 | $ 20,000,000 | ||
Equinox Frontier Diversified Fund | Us Treasury Note Six Point Eight Seven Five Percent Due Two Thousand And Twenty Five [Member] | Additional [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Underlying Face Amount, at Market Value | [2] | 2,567,563 | 4,699,572 | ||
Investment Owned, at Cost | 3,596,193 | [2] | 6,582,337 | [3] | |
Equinox Frontier Diversified Fund | Open Trade Equity Deficit [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 532,803 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.96% | ||||
Equinox Frontier Diversified Fund | Short Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 341,847 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.61% | ||||
Equinox Frontier Diversified Fund | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Africa [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 8,633 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.02% | ||||
Equinox Frontier Diversified Fund | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (4,000) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.01%) | ||||
Equinox Frontier Diversified Fund | Short Futures Contracts [Member] | Various Soft Futures Contract Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 83,196 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.15% | ||||
Equinox Frontier Diversified Fund | Short Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (35,101) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.06%) | ||||
Equinox Frontier Diversified Fund | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Diversified Fund | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (5,166) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.01%) | ||||
Equinox Frontier Diversified Fund | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (7,449) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.01%) | ||||
Equinox Frontier Diversified Fund | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (1,282) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Diversified Fund | Short Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 100,123 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.18% | ||||
Equinox Frontier Diversified Fund | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 779 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Diversified Fund | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (6,337) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.01%) | ||||
Equinox Frontier Diversified Fund | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (3,325) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.01%) | ||||
Equinox Frontier Diversified Fund | Short Futures Contracts [Member] | Various Currency Futures Contracts Europe | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 97,309 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.17% | ||||
Equinox Frontier Diversified Fund | Short Futures Contracts [Member] | Various Currency Futures Contracts Canada | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 22,862 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.04% | ||||
Equinox Frontier Diversified Fund | Short Futures Contracts [Member] | Various Currency Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Diversified Fund | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (43,489) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.08%) | ||||
Equinox Frontier Diversified Fund | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 162 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Diversified Fund | Short Futures Contracts [Member] | Various Soft Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 115,460 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.21% | ||||
Equinox Frontier Diversified Fund | Long Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 190,956 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.34% | ||||
Equinox Frontier Diversified Fund | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (2,241) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Diversified Fund | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 109,581 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.20% | ||||
Equinox Frontier Diversified Fund | Long Futures Contracts [Member] | Various Soft Futures Contract Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (16,369) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.03%) | ||||
Equinox Frontier Diversified Fund | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 12,860 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.02% | ||||
Equinox Frontier Diversified Fund | Long Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (32,310) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.06%) | ||||
Equinox Frontier Diversified Fund | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (77,123) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.14%) | ||||
Equinox Frontier Diversified Fund | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 6,027 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.01% | ||||
Equinox Frontier Diversified Fund | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (24,427) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.04%) | ||||
Equinox Frontier Diversified Fund | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 28,609 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.05% | ||||
Equinox Frontier Diversified Fund | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (57,038) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.10%) | ||||
Equinox Frontier Diversified Fund | Long Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 491 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Diversified Fund | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 8,074 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.01% | ||||
Equinox Frontier Diversified Fund | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 15 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Diversified Fund | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 56,785 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.10% | ||||
Equinox Frontier Diversified Fund | Long Futures Contracts [Member] | Various Currency Futures Contracts Europe | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 180,496 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.32% | ||||
Equinox Frontier Diversified Fund | Long Futures Contracts [Member] | Various Currency Futures Contracts Canada | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Diversified Fund | Long Futures Contracts [Member] | Various Currency Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 21,569 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.04% | ||||
Equinox Frontier Diversified Fund | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 18,650 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.03% | ||||
Equinox Frontier Diversified Fund | Long Futures Contracts [Member] | Various Precious Metal Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 4,286 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.01% | ||||
Equinox Frontier Diversified Fund | Long Futures Contracts [Member] | Various Soft Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (46,979) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.08%) | ||||
Equinox Frontier Diversified Fund | Swap [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [3] | $ 8,637,847 | $ 8,685,849 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 15.30% | 15.59% | ||
Equinox Frontier Diversified Fund | Swap [Member] | Frontier Thirty Five Diversified Select Swap Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [3] | $ 8,637,847 | $ 8,685,849 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 15.30% | 15.59% | ||
Equinox Frontier Diversified Fund | Swap [Member] | Frontier Brevan Howard Swap Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Equinox Frontier Diversified Fund | Swap [Member] | Frontier Thirty Seven Ls Select Swap Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Equinox Frontier Diversified Fund | Swap [Member] | Frontier Thirty Four Balanced Select Swap Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Equinox Frontier Diversified Fund | Investment In Unconsolidated Entities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 4,201,628 | $ 16,094,207 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 7.44% | 28.89% | ||
Equinox Frontier Diversified Fund | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company II, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 2,490,921 | $ 1,755,041 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 4.41% | 3.15% | ||
Equinox Frontier Diversified Fund | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company XXXVIII, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 1,710,707 | $ 600,325 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 3.03% | 1.08% | ||
Equinox Frontier Diversified Fund | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company XV, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 0.00% | |||
Equinox Frontier Diversified Fund | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company I, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 10,703,801 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 19.21% | |||
Equinox Frontier Diversified Fund | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company VII, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 1,883,299 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 3.38% | |||
Equinox Frontier Diversified Fund | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company XXIII, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 1,151,741 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 2.07% | |||
Equinox Frontier Diversified Fund | Private Investment Companies [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 38,845,974 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 68.77% | ||||
Equinox Frontier Diversified Fund | Private Investment Companies [Member] | Galaxy Plus Fund - Chesapeake Feeder Fund (518) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 6,399,628 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 11.33% | ||||
Equinox Frontier Diversified Fund | Private Investment Companies [Member] | Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 3,558,715 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 6.30% | ||||
Equinox Frontier Diversified Fund | Private Investment Companies [Member] | Galaxy Plus Fund - QIM Feeder Fund (526) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 7,819,114 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 13.85% | ||||
Equinox Frontier Diversified Fund | Private Investment Companies [Member] | Galaxy Plus Fund - Quantmetrics Feeder Fund (527) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 8,600,401 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 15.23% | ||||
Equinox Frontier Diversified Fund | Private Investment Companies [Member] | Galaxy Plus Fund - Quest Feeder Fund (517) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 2,996,484 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 5.31% | ||||
Equinox Frontier Diversified Fund | Private Investment Companies [Member] | Galaxy Plus Fund - Doherty Feeder Fund (528) LLC | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 2,412,065 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 4.27% | ||||
Equinox Frontier Diversified Fund | Private Investment Companies [Member] | Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 4,103,564 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 7.27% | ||||
Equinox Frontier Diversified Fund | Private Investment Companies [Member] | Galaxy Plus Fund - Aspect Feeder Fund (532) LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 1,856,786 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 3.29% | ||||
Equinox Frontier Diversified Fund | Private Investment Companies [Member] | Galaxy Plus Fund - LRR Feeder Fund (522) LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 1,099,207 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.95% | ||||
Equinox Frontier Heritage Fund [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 3,701,890 | [5] | $ 5,508,577 | [2] | |
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 27.61% | [5] | 35.60% | |
Equinox Frontier Heritage Fund [Member] | Additional [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Underlying Face Amount, at Market Value | $ 2,868,825 | [5] | $ 4,079,439 | [2] | |
Investment Owned, at Cost | 4,027,201 | [5] | 5,504,010 | [2] | |
Equinox Frontier Heritage Fund [Member] | Us Treasury Note Six Point Zero Zero Zero Percent Due Two Thousand And Twenty Six [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 178,410 | [5] | $ 4,195,068 | [2] | |
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 13.28% | [5] | 27.11% | |
Investment Owned, Underlying Face Amount, at Market Value | $ 15,900,000 | [5] | $ 67,000,000 | [2] | |
Equinox Frontier Heritage Fund [Member] | Us Treasury Note Six Point Zero Zero Zero Percent Due Two Thousand And Twenty Six [Member] | Additional [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Underlying Face Amount, at Market Value | 1,412,208 | [5] | 3,141,637 | [2] | |
Investment Owned, at Cost | 1,987,027 | [5] | 4,190,501 | [2] | |
Equinox Frontier Heritage Fund [Member] | Us Treasury Note Six Point Eight Seven Five Percent Due Two Thousand And Twenty Five [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 1,921,480 | [5] | $ 1,313,509 | [2] | |
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 14.33% | [5] | 8.49% | |
Investment Owned, Underlying Face Amount, at Market Value | $ 16,400,000 | [5] | $ 20,000,000 | [2] | |
Equinox Frontier Heritage Fund [Member] | Us Treasury Note Six Point Eight Seven Five Percent Due Two Thousand And Twenty Five [Member] | Additional [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Underlying Face Amount, at Market Value | 1,456,617 | [5] | 937,802 | [2] | |
Investment Owned, at Cost | $ 2,040,174 | [5] | $ 1,313,509 | [2] | |
Equinox Frontier Heritage Fund [Member] | Open Trade Equity Deficit [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Africa [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contract Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Mexico [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Singapore [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Warsaw [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Long Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Long Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Singapore [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Swap [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [3] | $ 8,391,414 | $ 7,960,268 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 62.60% | 51.44% | ||
Equinox Frontier Heritage Fund [Member] | Swap [Member] | Frontier Brevan Howard Swap Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [3] | $ 8,391,414 | $ 7,960,268 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 62.60% | 51.44% | ||
Equinox Frontier Heritage Fund [Member] | Investment In Unconsolidated Entities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 2,744,640 | [4] | $ 1,405,586 | [6] | |
Investment Owned, % of Total Capital (Net Asset Value) | 20.48% | [4] | 9.09% | [6] | |
Equinox Frontier Heritage Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company II, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 1,774,130 | [4] | $ 1,248,467 | [6] | |
Investment Owned, % of Total Capital (Net Asset Value) | 13.24% | [4] | 8.07% | [6] | |
Equinox Frontier Heritage Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company XXXVIII, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [6] | $ 157,119 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 1.02% | |||
Equinox Frontier Heritage Fund [Member] | Currency Forwards [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Heritage Fund [Member] | Currency Forwards [Member] | Various Currency Forward Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Masters Fund [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [2] | $ 4,313,843 | $ 11,953,206 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 25.13% | 52.37% | ||
Equinox Frontier Masters Fund [Member] | Additional [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Underlying Face Amount, at Market Value | [2] | $ 3,343,066 | $ 8,852,084 | ||
Investment Owned, at Cost | 4,692,931 | [2] | 11,943,293 | [3] | |
Equinox Frontier Masters Fund [Member] | Us Treasury Note Six Point Zero Zero Zero Percent Due Two Thousand And Twenty Six [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [2] | $ 2,074,726 | $ 9,102,988 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 12.80% | 39.88% | ||
Investment Owned, Underlying Face Amount, at Market Value | [2] | $ 15,900,000 | $ 67,000,000 | ||
Equinox Frontier Masters Fund [Member] | Us Treasury Note Six Point Zero Zero Zero Percent Due Two Thousand And Twenty Six [Member] | Additional [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Underlying Face Amount, at Market Value | [2] | 1,645,658 | 6,817,122 | ||
Investment Owned, at Cost | 2,315,499 | [2] | 9,093,075 | [3] | |
Equinox Frontier Masters Fund [Member] | Us Treasury Note Six Point Eight Seven Five Percent Due Two Thousand And Twenty Five [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [2] | $ 2,239,117 | $ 2,850,218 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 13.04% | 12.49% | ||
Investment Owned, Underlying Face Amount, at Market Value | [2] | $ 16,400,000 | $ 20,000,000 | ||
Equinox Frontier Masters Fund [Member] | Us Treasury Note Six Point Eight Seven Five Percent Due Two Thousand And Twenty Five [Member] | Additional [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Underlying Face Amount, at Market Value | [2] | 1,697,408 | 2,034,962 | ||
Investment Owned, at Cost | 2,377,432 | [2] | $ 2,850,218 | [3] | |
Equinox Frontier Masters Fund [Member] | Swap [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Equinox Frontier Masters Fund [Member] | Swap [Member] | Frontier Thirty Five Diversified Select Swap Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Equinox Frontier Masters Fund [Member] | Swap [Member] | Frontier Brevan Howard Swap Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Equinox Frontier Masters Fund [Member] | Swap [Member] | Frontier Thirty Seven Ls Select Swap Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Equinox Frontier Masters Fund [Member] | Swap [Member] | Frontier Thirty Four Balanced Select Swap Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Equinox Frontier Masters Fund [Member] | Investment In Unconsolidated Entities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 6,678,106 | $ 9,409,930 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 38.90% | 41.22% | ||
Equinox Frontier Masters Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company II, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 1,439,347 | $ 1,080,538 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 8.38% | 4.73% | ||
Equinox Frontier Masters Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company XXXVIII, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 1,130,943 | $ 351,733 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 6.59% | 1.54% | ||
Equinox Frontier Masters Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company XV, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 4,107,816 | $ 5,975,465 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 23.93% | 26.18% | ||
Equinox Frontier Masters Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company I, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 1,061,508 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 4.65% | |||
Equinox Frontier Masters Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company VII, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 940,686 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 4.12% | |||
Equinox Frontier Masters Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company XXIII, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 0.00% | |||
Equinox Frontier Masters Fund [Member] | Private Investment Companies [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 5,653,708 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 32.93% | ||||
Equinox Frontier Masters Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Chesapeake Feeder Fund (518) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 3,455,090 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 20.12% | ||||
Equinox Frontier Masters Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 2,198,618 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 12.81% | ||||
Equinox Frontier Winton Fund [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 15,533,863 | [5] | $ 24,617,817 | [2] | |
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 38.00% | [5] | 59.59% | |
Equinox Frontier Winton Fund [Member] | Additional [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Underlying Face Amount, at Market Value | $ 12,038,159 | [5] | $ 18,231,006 | [2] | |
Investment Owned, at Cost | 16,898,936 | [5] | 24,597,401 | [2] | |
Equinox Frontier Winton Fund [Member] | Us Treasury Note Six Point Zero Zero Zero Percent Due Two Thousand And Twenty Six [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 7,470,952 | [5] | $ 18,747,748 | [2] | |
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 18.28% | [5] | 45.38% | |
Investment Owned, Underlying Face Amount, at Market Value | $ 15,900,000 | [5] | $ 67,000,000 | [2] | |
Equinox Frontier Winton Fund [Member] | Us Treasury Note Six Point Zero Zero Zero Percent Due Two Thousand And Twenty Six [Member] | Additional [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Underlying Face Amount, at Market Value | 5,925,905 | [5] | 14,039,970 | [2] | |
Investment Owned, at Cost | 8,337,960 | [5] | 18,727,332 | [2] | |
Equinox Frontier Winton Fund [Member] | Us Treasury Note Six Point Eight Seven Five Percent Due Two Thousand And Twenty Five [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 8,062,911 | [5] | $ 5,870,069 | [2] | |
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 19.73% | [5] | 14.21% | |
Investment Owned, Underlying Face Amount, at Market Value | $ 16,400,000 | [5] | $ 20,000,000 | [2] | |
Equinox Frontier Winton Fund [Member] | Us Treasury Note Six Point Eight Seven Five Percent Due Two Thousand And Twenty Five [Member] | Additional [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Underlying Face Amount, at Market Value | 6,112,254 | [5] | 4,191,036 | [2] | |
Investment Owned, at Cost | 8,560,976 | [5] | 5,870,069 | [2] | |
Equinox Frontier Winton Fund [Member] | Open Trade Equity Deficit [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 1,222,524 | $ 599,579 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 2.98% | 1.45% | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 739,920 | $ 1,056,931 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 1.80% | 2.56% | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (1,012) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | 0.00% | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Africa [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 2,019 | $ (7,124) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | (0.02%) | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (689) | $ (16) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | 0.00% | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 478 | $ 3,608 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | 0.01% | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (252,279) | $ (11,450) | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.62%) | (0.03%) | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 174,345 | $ 244,230 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.43% | 0.59% | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contract Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 44,780 | $ (1,140) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.11% | 0.00% | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (7,228) | $ 137,220 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.20%) | 0.33% | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (82,280) | $ 142,483 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.20%) | 0.35% | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (68,081) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.16%) | ||||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (2,344) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.01%) | ||||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (2,831) | $ (3,043) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.01% | (0.01%) | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (8,794) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.02%) | 0.00% | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 127,078 | $ (266) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.31% | 0.00% | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 9,590 | $ 466,490 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.02% | 1.13% | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (1,191) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 22,625 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.05% | ||||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 134,930 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.33% | ||||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (11,060) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.03%) | 0.00% | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Mexico [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Singapore [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Warsaw [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Europe | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 272,806 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.67% | ||||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Canada | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 11,540 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.03% | ||||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (186,993) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.43%) | ||||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 291,378 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.71% | ||||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 383,746 | $ (288,813) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.94% | (0.70%) | |||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 10,868 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.03% | ||||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (2,131) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.01%) | ||||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (883) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | 0.00% | |||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (3,860) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.01%) | 0.00% | |||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 57,116 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.14% | 0.00% | |||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (84,938) | $ 4,274 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.21%) | 0.01% | |||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (201,831) | $ 148,532 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.49%) | 0.36% | |||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (969) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | 0.00% | |||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (341) | $ (3,134) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | (0.01%) | |||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 88,638 | $ (126,797) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.22% | (0.31%) | |||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 7,094 | $ (317,169) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.02% | (0.77%) | |||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (26,609) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.06%) | ||||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 242,128 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.59% | ||||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 305,316 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.75% | ||||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (1,294) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 68,874 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.17% | ||||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Singapore [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | |||||
Investment Owned, % of Total Capital (Net Asset Value) | |||||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 30,038 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.07% | ||||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (88,088) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.22%) | ||||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 65,612 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.16% | ||||
Equinox Frontier Winton Fund [Member] | Swap [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Equinox Frontier Winton Fund [Member] | Swap [Member] | Frontier Brevan Howard Swap Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Equinox Frontier Winton Fund [Member] | Investment In Unconsolidated Entities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 4,072,450 | [4] | $ 297,554 | [6] | |
Investment Owned, % of Total Capital (Net Asset Value) | 9.96% | [4] | 0.72% | [6] | |
Equinox Frontier Winton Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company II, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | [6] | 0.00% | |||
Equinox Frontier Winton Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company XXXVIII, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 4,072,450 | [4] | $ 297,554 | [6] | |
Investment Owned, % of Total Capital (Net Asset Value) | 9.96% | [4] | 0.72% | [6] | |
Equinox Frontier Winton Fund [Member] | Currency Forwards [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 98,858 | $ (168,539) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.24% | (0.41%) | |||
Equinox Frontier Winton Fund [Member] | Currency Forwards [Member] | Various Currency Forward Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 98,858 | $ (168,539) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.24% | (0.41%) | |||
Equinox Frontier Select Fund [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [2] | $ 2,912,611 | $ 1,852,429 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 81.00% | 9.30% | ||
Investment Owned, at Cost | [2] | $ 1,850,893 | |||
Equinox Frontier Select Fund [Member] | Additional [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Underlying Face Amount, at Market Value | [2] | $ 2,257,163 | 1,371,838 | ||
Investment Owned, at Cost | [2] | 3,168,562 | |||
Equinox Frontier Select Fund [Member] | Us Treasury Note Six Point Zero Zero Zero Percent Due Two Thousand And Twenty Six [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [2] | $ 1,511,802 | $ 1,410,721 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 9.40% | 7.08% | ||
Investment Owned, Underlying Face Amount, at Market Value | [2] | $ 16,400,000 | $ 67,000,000 | ||
Equinox Frontier Select Fund [Member] | Us Treasury Note Six Point Zero Zero Zero Percent Due Two Thousand And Twenty Six [Member] | Additional [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Underlying Face Amount, at Market Value | [2] | 1,111,111 | 1,056,473 | ||
Investment Owned, at Cost | [2] | 1,563,373 | |||
Equinox Frontier Select Fund [Member] | Us Treasury Note Six Point Eight Seven Five Percent Due Two Thousand And Twenty Five [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [2] | $ 1,400,809 | $ 441,708 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 8.71% | 2.22% | ||
Investment Owned, Underlying Face Amount, at Market Value | [2] | $ 15,900,000 | $ 20,000,000 | ||
Equinox Frontier Select Fund [Member] | Us Treasury Note Six Point Eight Seven Five Percent Due Two Thousand And Twenty Five [Member] | Additional [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Underlying Face Amount, at Market Value | [2] | 1,146,052 | 315,365 | ||
Investment Owned, at Cost | [2] | 1,605,189 | |||
Equinox Frontier Select Fund [Member] | Open Trade Equity Deficit [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 462,339 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 2.32% | ||||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 208,234 | $ 925,452 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 1.29% | 4.65% | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 155 | $ (63) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | 0.00% | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Africa [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (1,849) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.01%) | ||||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 6,824 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.03% | ||||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (4,250) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.02%) | ||||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 29,150 | $ 93,125 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.18% | 0.47% | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contract Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 14,154 | $ 2,000 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.09% | 0.01% | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 46,657 | $ 34,651 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.29% | 0.17% | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 586,716 | ||||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 23,255 | $ (17,786) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.14% | (0.09%) | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (7,195) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (1,211) | $ (12,330) | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.01%) | (0.06%) | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (8,823) | $ 3,113 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.05%) | 0.02% | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 45,201 | $ 50,113 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.28% | 0.25% | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (8,460) | $ 32,835 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.05%) | 0.17% | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (2,802) | $ 8,952 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.02%) | 0.05% | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (2,456) | $ 5,289 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.02%) | 0.03% | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (2,266) | $ 410 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.02%) | 0.00% | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 4,026 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.02% | ||||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 109,629 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.55% | ||||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (1,379) | $ (6,019) | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.01%) | (0.04%) | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Mexico [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 74 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Warsaw [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Singapore [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 930 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Far East One [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 514 | $ (2,639) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | (0.01%) | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (3,972) | $ 29,608 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.03%) | 0.15% | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Warsaw [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (3,926) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.02%) | ||||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Europe | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 55,610 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.43% | ||||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 471,076 | $ (430,431) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 2.93% | (2.16%) | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (503) | $ 8,285 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | 0.04% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 68 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 238 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 56,169 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.35% | 0.00% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contract Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 1,956 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.01% | ||||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 4,760 | $ (1,931) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.03% | (0.01%) | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (39,001) | $ 17,813 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.24%) | 0.09% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 163,930 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.02% | 0.00% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (53,378) | $ (4,360) | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.33%) | (0.02%) | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 1,894 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.01% | 0.00% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 444 | $ (1,711) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | (0.01%) | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 166,812 | $ (380,769) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 1.04% | [1] | (1.91%) | ||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 18,191 | $ (35,830) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.11% | (0.18%) | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 10,283 | $ (11,664) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.06% | [1] | (0.06%) | ||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 56,849 | $ 14,580 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.35% | 0.07% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 31,540 | $ (33,510) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.20% | (0.17%) | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 8,788 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.05% | 0.00% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Precious Metal Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 1,950 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.01% | ||||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (50,387) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.25%) | ||||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 22,925 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.11% | ||||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 2,808 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.02% | ||||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Singapore [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 6,824 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.03% | ||||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 4,150 | $ 13,493 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.03% | 0.07% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 4,147 | $ 5,505 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.03% | 0.03% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Europe | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 73,909 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.46% | ||||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 1,360 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.01% | ||||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (3,075) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.02%) | ||||
Equinox Frontier Select Fund [Member] | Swap [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Equinox Frontier Select Fund [Member] | Swap [Member] | Frontier Thirty Four Balanced Select Swap Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Equinox Frontier Select Fund [Member] | Investment In Unconsolidated Entities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 3,910,866 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 24.31% | |||
Equinox Frontier Select Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company II, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Select Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company XXXVIII, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 763,587 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 4.75% | |||
Equinox Frontier Select Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company XV, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Select Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company XXXIX, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 3,147,279 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 19.56% | |||
Equinox Frontier Select Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company I, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Select Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company VII, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Select Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company XXIII, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Select Fund [Member] | Currency Forwards [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 6,712 | $ (32,682) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.04% | (0.16%) | |||
Equinox Frontier Select Fund [Member] | Currency Forwards [Member] | Open Trade Equity Deficit [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 686,022 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 4.26% | ||||
Equinox Frontier Select Fund [Member] | Currency Forwards [Member] | Various Currency Forward Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 6,712 | $ (32,682) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.04% | (0.16%) | |||
Equinox Frontier Long Short Commodity Fund [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [2] | $ 4,792,817 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 36.61% | |||
Equinox Frontier Long Short Commodity Fund [Member] | Additional [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Underlying Face Amount, at Market Value | [2] | $ 3,549,375 | |||
Investment Owned, at Cost | [3] | 4,788,842 | |||
Equinox Frontier Long Short Commodity Fund [Member] | Us Treasury Note Six Point Zero Zero Zero Percent Due Two Thousand And Twenty Six [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [2] | $ 3,649,979 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 27.88% | |||
Investment Owned, Underlying Face Amount, at Market Value | [2] | $ 15,900,000 | $ 67,000,000 | ||
Equinox Frontier Long Short Commodity Fund [Member] | Us Treasury Note Six Point Zero Zero Zero Percent Due Two Thousand And Twenty Six [Member] | Additional [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Underlying Face Amount, at Market Value | [2] | 2,733,427 | |||
Investment Owned, at Cost | [3] | 3,646,004 | |||
Equinox Frontier Long Short Commodity Fund [Member] | Us Treasury Note Six Point Eight Seven Five Percent Due Two Thousand And Twenty Five [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [2] | $ 1,142,838 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 8.73% | |||
Investment Owned, Underlying Face Amount, at Market Value | [2] | $ 16,400,000 | $ 20,000,000 | ||
Equinox Frontier Long Short Commodity Fund [Member] | Us Treasury Note Six Point Eight Seven Five Percent Due Two Thousand And Twenty Five [Member] | Additional [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Underlying Face Amount, at Market Value | [2] | 815,948 | |||
Investment Owned, at Cost | [3] | 1,142,838 | |||
Equinox Frontier Long Short Commodity Fund [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Long Short Commodity Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 2,838,072 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 29.20% | ||||
Equinox Frontier Long Short Commodity Fund [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Long Short Commodity Fund [Member] | Swap [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [3] | $ 4,220,468 | $ 4,332,428 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 45.55% | 33.09% | ||
Equinox Frontier Long Short Commodity Fund [Member] | Swap [Member] | Frontier Thirty Five Diversified Select Swap Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Equinox Frontier Long Short Commodity Fund [Member] | Swap [Member] | Frontier Brevan Howard Swap Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Equinox Frontier Long Short Commodity Fund [Member] | Swap [Member] | Frontier Thirty Seven Ls Select Swap Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [3] | $ 4,220,468 | $ 4,332,428 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 45.55% | 33.09% | ||
Equinox Frontier Long Short Commodity Fund [Member] | Swap [Member] | Frontier Thirty Four Balanced Select Swap Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | |||
Equinox Frontier Long Short Commodity Fund [Member] | Investment In Unconsolidated Entities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 3,414,663 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 26.08% | |||
Equinox Frontier Long Short Commodity Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company II, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 0.00% | |||
Equinox Frontier Long Short Commodity Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company XXXVIII, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 344,281 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 2.63% | |||
Equinox Frontier Long Short Commodity Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company XV, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 0.00% | |||
Equinox Frontier Long Short Commodity Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company I, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 525,389 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 4.01% | |||
Equinox Frontier Long Short Commodity Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company VII, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 2,544,993 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 19.44% | |||
Equinox Frontier Long Short Commodity Fund [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company XXIII, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 0.00% | |||
Equinox Frontier Long Short Commodity Fund [Member] | Private Investment Companies [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 6,715,142 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 72.46% | ||||
Equinox Frontier Long Short Commodity Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Chesapeake Feeder Fund (518) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 1,610,890 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 17.39% | ||||
Equinox Frontier Long Short Commodity Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 1,611,845 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 17.40% | ||||
Equinox Frontier Long Short Commodity Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - LRR Feeder Fund (522) LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 3,492,407 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 37.69% | ||||
Galaxy Plus Aspect Master Fund | LongMember | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (50,368) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (1.09%) | ||||
Galaxy Plus Aspect Master Fund | LongMember | Domestic (United States) | Agriculture | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (7,613) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.16%) | ||||
Number of Contracts/Units | Contracts | 4 | ||||
Galaxy Plus Aspect Master Fund | LongMember | Domestic (United States) | Currency | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (16,970) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.37%) | ||||
Number of Contracts/Units | Contracts | 14 | ||||
Galaxy Plus Aspect Master Fund | LongMember | Domestic (United States) | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 13,732 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.30% | ||||
Number of Contracts/Units | Contracts | 7 | ||||
Galaxy Plus Aspect Master Fund | LongMember | Domestic (United States) | Index | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (31,795) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.69%) | ||||
Number of Contracts/Units | Contracts | 50 | ||||
Galaxy Plus Aspect Master Fund | LongMember | Domestic (United States) | Metals | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (9,375) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.20%) | ||||
Number of Contracts/Units | Contracts | 4 | ||||
Galaxy Plus Aspect Master Fund | LongMember | Foreign | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (100) | ||||
Number of Contracts/Units | Contracts | 1 | ||||
Galaxy Plus Aspect Master Fund | LongMember | Foreign | Index | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 15,820 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.34% | ||||
Number of Contracts/Units | Contracts | 110 | ||||
Galaxy Plus Aspect Master Fund | LongMember | Foreign | Metals | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (26,275) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.57%) | ||||
Number of Contracts/Units | Contracts | 6 | ||||
Galaxy Plus Aspect Master Fund | LongMember | Foreign | Interest | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 12,208 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.26% | ||||
Number of Contracts/Units | Contracts | 25 | ||||
Galaxy Plus Aspect Master Fund | Short [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (235,666) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (5.09%) | ||||
Galaxy Plus Aspect Master Fund | Short [Member] | Domestic (United States) | Agriculture | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (16,256) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.35%) | ||||
Number of Contracts/Units | Contracts | 37 | ||||
Galaxy Plus Aspect Master Fund | Short [Member] | Domestic (United States) | Currency | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (99,543) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (2.15%) | ||||
Number of Contracts/Units | Contracts | 96 | ||||
Galaxy Plus Aspect Master Fund | Short [Member] | Domestic (United States) | Metals | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (13,630) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.29%) | ||||
Number of Contracts/Units | Contracts | 7 | ||||
Galaxy Plus Aspect Master Fund | Short [Member] | Domestic (United States) | Interest | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (74,241) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (1.60%) | ||||
Number of Contracts/Units | Contracts | 138 | ||||
Galaxy Plus Aspect Master Fund | Short [Member] | Foreign | Index | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (1,886) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.04%) | ||||
Number of Contracts/Units | Contracts | 8 | ||||
Galaxy Plus Aspect Master Fund | Short [Member] | Foreign | Metals | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 4,118 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.09%) | ||||
Number of Contracts/Units | Contracts | 3 | ||||
Galaxy Plus Aspect Master Fund | Short [Member] | Foreign | Interest | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (34,228) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.74%) | ||||
Number of Contracts/Units | Contracts | 199 | ||||
Galaxy Plus ADG Master Fund | LongMember | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 141,533 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.34% | ||||
Galaxy Plus ADG Master Fund | LongMember | Domestic (United States) | Interest | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (16,594) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.16%) | ||||
Number of Contracts/Units | Contracts | 59 | ||||
Galaxy Plus ADG Master Fund | LongMember | Domestic (United States) | Forward Currency Contracts | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 22,394 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.21% | ||||
Galaxy Plus ADG Master Fund | LongMember | Foreign | Index | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 83,582 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.79% | ||||
Number of Contracts/Units | Contracts | 83 | ||||
Galaxy Plus ADG Master Fund | LongMember | Foreign | Interest | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 24,954 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.24% | ||||
Number of Contracts/Units | Contracts | 11 | ||||
Galaxy Plus ADG Master Fund | LongMember | Foreign | Forward Currency Contracts | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 27,197 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.26% | ||||
Galaxy Plus ADG Master Fund | Short [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (125,154) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (1.19%) | ||||
Galaxy Plus ADG Master Fund | Short [Member] | Domestic (United States) | Index | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (54,585) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.52%) | ||||
Number of Contracts/Units | Contracts | 75 | ||||
Galaxy Plus ADG Master Fund | Short [Member] | Domestic (United States) | Forward Currency Contracts | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 25,349 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.24% | ||||
Galaxy Plus ADG Master Fund | Short [Member] | Foreign | Index | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (33,039) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.31%) | ||||
Number of Contracts/Units | Contracts | 26 | ||||
Galaxy Plus ADG Master Fund | Short [Member] | Foreign | Interest | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 32,089 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.30% | ||||
Number of Contracts/Units | Contracts | 50 | ||||
Galaxy Plus ADG Master Fund | Short [Member] | Foreign | Forward Currency Contracts | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (94,968) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.90%) | ||||
Galaxy Plus Master Fort | LongMember | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (81,351) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.71%) | ||||
Galaxy Plus Master Fort | LongMember | Domestic (United States) | Currency | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (149,873) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (1.31%) | ||||
Number of Contracts/Units | Contracts | 154 | ||||
Galaxy Plus Master Fort | LongMember | Domestic (United States) | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 3,285 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.03% | ||||
Number of Contracts/Units | Contracts | 15 | ||||
Galaxy Plus Master Fort | LongMember | Domestic (United States) | Index | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (39,082) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.34%) | ||||
Number of Contracts/Units | Contracts | 65 | ||||
Galaxy Plus Master Fort | LongMember | Domestic (United States) | Metals | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (23,205) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.20%) | ||||
Number of Contracts/Units | Contracts | 8 | ||||
Galaxy Plus Master Fort | LongMember | Domestic (United States) | Interest | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (127,980) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (1.12%) | ||||
Number of Contracts/Units | Contracts | 854 | ||||
Galaxy Plus Master Fort | LongMember | Foreign | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 6,200 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.05% | ||||
Number of Contracts/Units | Contracts | 4 | ||||
Galaxy Plus Master Fort | LongMember | Foreign | Index | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 116,019 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.01% | ||||
Number of Contracts/Units | Contracts | 144 | ||||
Galaxy Plus Master Fort | LongMember | Foreign | Interest | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 133,285 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.17% | ||||
Number of Contracts/Units | Contracts | 945 | ||||
Galaxy Plus Master Fort | Short [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (96,975) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.85%) | ||||
Galaxy Plus Master Fort | Short [Member] | Domestic (United States) | Currency | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (74,333) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.65%) | ||||
Number of Contracts/Units | Contracts | 187 | ||||
Galaxy Plus Master Fort | Short [Member] | Domestic (United States) | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (11,885) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.10%) | ||||
Number of Contracts/Units | Contracts | 8 | ||||
Galaxy Plus Master Fort | Short [Member] | Foreign | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (380) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.01%) | ||||
Number of Contracts/Units | Contracts | 1 | ||||
Galaxy Plus Master Fort | Short [Member] | Foreign | Interest | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (10,377) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.09%) | ||||
Number of Contracts/Units | Contracts | 87 | ||||
Galaxy Plus QIM Master Fund | LongMember | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 607,942 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 2.83% | ||||
Galaxy Plus QIM Master Fund | LongMember | Domestic (United States) | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 75,753 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.35% | ||||
Number of Contracts/Units | Contracts | 69 | ||||
Galaxy Plus QIM Master Fund | LongMember | Domestic (United States) | Index | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (225,052) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (1.05%) | ||||
Number of Contracts/Units | Contracts | 471 | ||||
Galaxy Plus QIM Master Fund | LongMember | Domestic (United States) | Metals | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (3,328) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.02%) | ||||
Number of Contracts/Units | Contracts | 56 | ||||
Galaxy Plus QIM Master Fund | LongMember | Foreign | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 50,860 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.24% | ||||
Number of Contracts/Units | Contracts | 38 | ||||
Galaxy Plus QIM Master Fund | LongMember | Foreign | Index | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 169,354 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.79% | ||||
Number of Contracts/Units | Contracts | 728 | ||||
Galaxy Plus QIM Master Fund | LongMember | Foreign | Interest | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 540,355 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 2.52% | ||||
Number of Contracts/Units | Contracts | 507 | ||||
Galaxy Plus QIM Master Fund | Short [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (276,799) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (1.29%) | ||||
Galaxy Plus QIM Master Fund | Short [Member] | Domestic (United States) | Currency | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (49,524) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.23%) | ||||
Number of Contracts/Units | Contracts | 77 | ||||
Galaxy Plus QIM Master Fund | Short [Member] | Domestic (United States) | Index | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 5,720 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.03% | ||||
Number of Contracts/Units | Contracts | 6 | ||||
Galaxy Plus QIM Master Fund | Short [Member] | Domestic (United States) | Interest | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (86,257) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.40%) | ||||
Number of Contracts/Units | Contracts | 260 | ||||
Galaxy Plus QIM Master Fund | Short [Member] | Foreign | Index | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (33,580) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.16%) | ||||
Number of Contracts/Units | Contracts | 13 | ||||
Galaxy Plus QIM Master Fund | Short [Member] | Foreign | Interest | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (113,158) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.53%) | ||||
Number of Contracts/Units | Contracts | 119 | ||||
Galaxy Plus Quest Fit Master Fund | LongMember | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 239,361 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 2.15% | ||||
Galaxy Plus Quest Fit Master Fund | LongMember | Domestic (United States) | Agriculture | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 1,830 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.02% | ||||
Number of Contracts/Units | Contracts | 36 | ||||
Galaxy Plus Quest Fit Master Fund | LongMember | Domestic (United States) | Currency | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (6,955) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.06%) | ||||
Number of Contracts/Units | Contracts | 14 | ||||
Galaxy Plus Quest Fit Master Fund | LongMember | Domestic (United States) | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 65,767 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.59% | ||||
Number of Contracts/Units | Contracts | 34 | ||||
Galaxy Plus Quest Fit Master Fund | LongMember | Domestic (United States) | Index | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (12,833) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.11%) | ||||
Number of Contracts/Units | Contracts | 31 | ||||
Galaxy Plus Quest Fit Master Fund | LongMember | Domestic (United States) | Metals | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (15,395) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.14%) | ||||
Number of Contracts/Units | Contracts | 11 | ||||
Galaxy Plus Quest Fit Master Fund | LongMember | Foreign | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 30,100 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.27% | ||||
Number of Contracts/Units | Contracts | 20 | ||||
Galaxy Plus Quest Fit Master Fund | LongMember | Foreign | Index | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 176,847 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.58% | ||||
Number of Contracts/Units | Contracts | 170 | ||||
Galaxy Plus Quest Fit Master Fund | Short [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (104,878) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.94%) | ||||
Galaxy Plus Quest Fit Master Fund | Short [Member] | Domestic (United States) | Agriculture | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 1,352 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.01% | ||||
Number of Contracts/Units | Contracts | 21 | ||||
Galaxy Plus Quest Fit Master Fund | Short [Member] | Domestic (United States) | Currency | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (69,524) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.62%) | ||||
Number of Contracts/Units | Contracts | 170 | ||||
Galaxy Plus Quest Fit Master Fund | Short [Member] | Domestic (United States) | Metals | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 38,410 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.34% | ||||
Number of Contracts/Units | Contracts | 14 | ||||
Galaxy Plus Quest Fit Master Fund | Short [Member] | Domestic (United States) | Interest | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 10,383 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.09% | ||||
Number of Contracts/Units | Contracts | 173 | ||||
Galaxy Plus Quest Fit Master Fund | Short [Member] | Foreign | Interest | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (85,499) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.76%) | ||||
Number of Contracts/Units | Contracts | 549 | ||||
Galaxy Plus Quest Master Fund | LongMember | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 219,321 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 5.65% | ||||
Galaxy Plus Quest Master Fund | LongMember | Domestic (United States) | Agriculture | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 3,954 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.10% | ||||
Number of Contracts/Units | Contracts | 18 | ||||
Galaxy Plus Quest Master Fund | LongMember | Domestic (United States) | Currency | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (1,156) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.03%) | ||||
Number of Contracts/Units | Contracts | 13 | ||||
Galaxy Plus Quest Master Fund | LongMember | Domestic (United States) | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 68,049 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.75% | ||||
Number of Contracts/Units | Contracts | 41 | ||||
Galaxy Plus Quest Master Fund | LongMember | Domestic (United States) | Index | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (14,175) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.36%) | ||||
Number of Contracts/Units | Contracts | 32 | ||||
Galaxy Plus Quest Master Fund | LongMember | Domestic (United States) | Metals | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (11,945) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.31%) | ||||
Number of Contracts/Units | Contracts | 7 | ||||
Galaxy Plus Quest Master Fund | LongMember | Foreign | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 22,590 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.58% | ||||
Number of Contracts/Units | Contracts | 15 | ||||
Galaxy Plus Quest Master Fund | LongMember | Foreign | Index | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 128,239 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 3.31% | ||||
Number of Contracts/Units | Contracts | 99 | ||||
Galaxy Plus Quest Master Fund | LongMember | Foreign | Interest | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 23,765 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.61% | ||||
Number of Contracts/Units | Contracts | 49 | ||||
Galaxy Plus Quest Master Fund | Short [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (9,646) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.25%) | ||||
Galaxy Plus Quest Master Fund | Short [Member] | Domestic (United States) | Agriculture | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 36,553 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.94% | ||||
Number of Contracts/Units | Contracts | 46 | ||||
Galaxy Plus Quest Master Fund | Short [Member] | Domestic (United States) | Currency | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (41,748) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (1.07%) | ||||
Number of Contracts/Units | Contracts | 125 | ||||
Galaxy Plus Quest Master Fund | Short [Member] | Domestic (United States) | Metals | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 20,665 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.53% | ||||
Number of Contracts/Units | Contracts | 10 | ||||
Galaxy Plus Quest Master Fund | Short [Member] | Domestic (United States) | Interest | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (3,328) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.09%) | ||||
Number of Contracts/Units | Contracts | 75 | ||||
Galaxy Plus Quest Master Fund | Short [Member] | Foreign | Index | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (9,396) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.24%) | ||||
Number of Contracts/Units | Contracts | 6 | ||||
Galaxy Plus Quest Master Fund | Short [Member] | Foreign | Interest | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (12,392) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.32%) | ||||
Number of Contracts/Units | Contracts | 316 | ||||
Frontier Trading Company Vii Llc [Member] | Open Trade Equity Deficit [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | $ 3,469,339 | $ (6,482,649) | ||
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 28,090,117 | 15,003,693 | ||
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 10,300 | 173,147 | ||
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 10,480 | |||
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 851,899 | (1,077,773) | ||
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 2,818,105 | 667,184 | ||
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (42,048) | |||
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (75,159) | 55,138 | ||
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (548,940) | (3,900) | ||
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 158,136 | 28,025 | ||
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 25,336 | |||
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (28,461) | (18,050) | ||
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (24,620,778) | (21,486,342) | ||
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (114,553) | |||
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 4,582 | (557,610) | ||
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (2,042,234) | 772,345 | ||
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (22,534,214) | (389,699) | ||
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 8,733 | |||
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 56,709 | |||
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (142,799) | (30,915) | ||
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 42,799 | 6,605 | ||
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (14,354) | |||
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Wti Crude Oil Settling May Thirty First Two Thousand and Sixteenth Number of Contracts Nine Hundred and Twenty Five [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | (7,677,427) | ||||
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Heating Oil Settling June Twenty Ninth Two Thousand And Sixteenth Number Of Contracts Three Hundred And Fourteen [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | (4,145,156) | ||||
Frontier Trading Company Vii Llc [Member] | Options Purchased [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 8,787,472 | 154,530 | ||
Frontier Trading Company Vii Llc [Member] | Options Purchased [Member] | Various Soft Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 379,800 | |||
Frontier Trading Company Vii Llc [Member] | Options Purchased [Member] | Various Energy Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 474,932 | 154,530 | ||
Frontier Trading Company Vii Llc [Member] | Options Purchased [Member] | Crude Oil Settling July Twenty Two Thousand And Fifteen Number Of Contracts Two Thousand Thirty Four [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 695,230 | |||
Frontier Trading Company Vii Llc [Member] | Options Purchased [Member] | Crude Oil Settling March Nineteen Two Thousand And Fifteen Number Of Contracts One Thousand Forty Four [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 783,000 | |||
Frontier Trading Company Vii Llc [Member] | Options Written [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (8,710,817) | |||
Frontier Trading Company Vii Llc [Member] | Options Written [Member] | Various Soft Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (476,810) | |||
Frontier Trading Company Vii Llc [Member] | Options Written [Member] | Various Energy Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (8,234,007) | |||
Frontier Trading Company Xxiii Llc [Member] | Open Trade Equity Deficit [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 893,605 | (27,706) | ||
Frontier Trading Company Xxiii Llc [Member] | Short Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 62,913 | 69,317 | ||
Frontier Trading Company Xxiii Llc [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 2,113 | |||
Frontier Trading Company Xxiii Llc [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 69,055 | 4,738 | ||
Frontier Trading Company Xxiii Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (8,374) | |||
Frontier Trading Company Xxiii Llc [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 42,725 | (61,323) | ||
Frontier Trading Company Xxiii Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (1,673) | |||
Frontier Trading Company Xxiii Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (247,934) | 2,700 | ||
Frontier Trading Company Xxiii Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 1,900 | 6,488 | ||
Frontier Trading Company Xxiii Llc [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 204,629 | 116,714 | ||
Frontier Trading Company Xxiii Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 472 | |||
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 830,692 | (97,023) | ||
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 35,722 | 26,122 | ||
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 650 | |||
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (1,110) | |||
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 14,592 | |||
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (65,774) | |||
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 58,582 | (57,123) | ||
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 2,334 | |||
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 70,277 | 14,457 | ||
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 373,410 | (73,358) | ||
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 94,395 | (91,109) | ||
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (86,913) | (38,894) | ||
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 21,484 | 39,310 | ||
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (9,451) | (7,258) | ||
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 156,631 | 74,364 | ||
Frontier Trading Company Ii Llc [Member] | Open Trade Equity Deficit [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 3,473,284 | 599,579 | ||
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 2,326,814 | 1,056,931 | ||
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 215 | |||
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Africa [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (4,710) | (7,124) | ||
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (194) | (16) | ||
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 5,215 | 3,608 | ||
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 20,375 | (11,450) | ||
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 92,540 | 244,230 | ||
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contract Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (1,140) | |||
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 186,922 | 137,220 | ||
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 891,223 | 142,483 | ||
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (89,920) | (68,081) | ||
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (2,344) | |||
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (4,773) | (3,043) | ||
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (342) | |||
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (266) | |||
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 893,008 | 466,490 | ||
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (1,191) | |||
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 34,304 | 22,625 | ||
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 302,951 | 134,930 | ||
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 1,702,342 | (288,813) | ||
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 20,360 | 10,868 | ||
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 23,018 | |||
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 10,846 | |||
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (122,345) | 4,274 | ||
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (379,300) | |||
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 646,554 | 148,532 | ||
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 11,810 | |||
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 94,126 | (3,134) | ||
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 1,587,953 | (126,797) | ||
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (166,778) | (317,169) | ||
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 11,440 | (26,609) | ||
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 278,820 | 36,783 | ||
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (82,139) | (83,141) | ||
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (391,586) | (1,294) | ||
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 159,563 | 68,874 | ||
Frontier Trading Company Ii Llc [Member] | Currency Forwards [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (555,872) | (168,539) | ||
Frontier Trading Company Ii Llc [Member] | Currency Forwards [Member] | Various Currency Forward Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (555,872) | (168,539) | ||
Frontier Trading Company Ii Llc [Member] | Options Purchased [Member] | Crude Oil Settling July Twenty Two Thousand And Fifteen Number Of Contracts Two Thousand Thirty Four [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | |||||
Frontier Trading Company Ii Llc [Member] | Options Purchased [Member] | Crude Oil Settling March Nineteen Two Thousand And Fifteen Number Of Contracts One Thousand Forty Four [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | |||||
Frontier Trading Company Xiv Llc [Member] | Open Trade Equity Deficit [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 1,024,868 | 34,484 | ||
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 2,263,481 | 258,733 | ||
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 6,020 | |||
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 9,325 | (8,500) | ||
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 27,230 | 1,530 | ||
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (1,348) | |||
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 72,236 | 47,438 | ||
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 332,080 | (57,330) | ||
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (6,875) | 10,790 | ||
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (551) | |||
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (13,206) | (220) | ||
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 1,353 | 20,302 | ||
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 34,431 | 37,249 | ||
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (7,126) | (4,712) | ||
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 626 | |||
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 305,976 | (5,389) | ||
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (922,430) | (251,130) | ||
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 8,018 | 32,546 | ||
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 3,085 | |||
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 1,115 | |||
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (747) | |||
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (73,935) | (44,679) | ||
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (972,835) | (247,935) | ||
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 112,478 | 82,379 | ||
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 18,623 | (4,336) | ||
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 30,873 | 377 | ||
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 290,958 | (54,219) | ||
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 26,385 | (70,806) | ||
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 15,844 | 4,514 | ||
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 34,226 | (3,962) | ||
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (11,078) | (7,766) | ||
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (443,923) | 46,701 | ||
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | 37,736 | 16,803 | ||
Frontier Trading Company Xiv Llc [Member] | Currency Forwards [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (316,183) | 26,881 | ||
Frontier Trading Company Xiv Llc [Member] | Currency Forwards [Member] | Various Currency Forward Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [7] | (316,183) | $ 26,881 | ||
Galaxy Plus Chesapeake Master Fund | LongMember | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (440,430) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (3.83%) | ||||
Galaxy Plus Chesapeake Master Fund | LongMember | Domestic (United States) | Agriculture | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (96,938) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.84%) | ||||
Number of Contracts/Units | Contracts | 81 | ||||
Galaxy Plus Chesapeake Master Fund | LongMember | Domestic (United States) | Currency | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (120,815) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (1.05%) | ||||
Number of Contracts/Units | Contracts | 169 | ||||
Galaxy Plus Chesapeake Master Fund | LongMember | Domestic (United States) | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 395 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.01% | ||||
Number of Contracts/Units | Contracts | 3 | ||||
Galaxy Plus Chesapeake Master Fund | LongMember | Domestic (United States) | Index | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (183,693) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (1.60%) | ||||
Number of Contracts/Units | Contracts | 2,085 | ||||
Galaxy Plus Chesapeake Master Fund | LongMember | Domestic (United States) | Metals | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (39,860) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.35%) | ||||
Number of Contracts/Units | Contracts | 8 | ||||
Galaxy Plus Chesapeake Master Fund | LongMember | Foreign | Agriculture | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (40,914) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.36%) | ||||
Number of Contracts/Units | Contracts | 95 | ||||
Galaxy Plus Chesapeake Master Fund | LongMember | Foreign | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 925 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.01% | ||||
Number of Contracts/Units | Contracts | 4 | ||||
Galaxy Plus Chesapeake Master Fund | LongMember | Foreign | Metals | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 32,589 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.28% | ||||
Number of Contracts/Units | Contracts | 52 | ||||
Galaxy Plus Chesapeake Master Fund | LongMember | Foreign | Interest | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 7,881 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.07% | ||||
Number of Contracts/Units | Contracts | 2 | ||||
Galaxy Plus Chesapeake Master Fund | Short [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 14,578 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.13% | ||||
Galaxy Plus Chesapeake Master Fund | Short [Member] | Domestic (United States) | Agriculture | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 42,890 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.37% | ||||
Number of Contracts/Units | Contracts | 102 | ||||
Galaxy Plus Chesapeake Master Fund | Short [Member] | Domestic (United States) | Currency | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 15,126 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.14% | ||||
Number of Contracts/Units | Contracts | 188 | ||||
Galaxy Plus Chesapeake Master Fund | Short [Member] | Domestic (United States) | Index | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 5,176 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.04% | ||||
Number of Contracts/Units | Contracts | 123 | ||||
Galaxy Plus Chesapeake Master Fund | Short [Member] | Domestic (United States) | Metals | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (6,000) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.05%) | ||||
Number of Contracts/Units | Contracts | 3 | ||||
Galaxy Plus Chesapeake Master Fund | Short [Member] | Domestic (United States) | Interest | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (44,437) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.39%) | ||||
Number of Contracts/Units | Contracts | 236 | ||||
Galaxy Plus Chesapeake Master Fund | Short [Member] | Foreign | Agriculture | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 51,799 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.45% | ||||
Number of Contracts/Units | Contracts | 135 | ||||
Galaxy Plus Chesapeake Master Fund | Short [Member] | Foreign | Metals | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (28,096) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.24%) | ||||
Number of Contracts/Units | Contracts | 9 | ||||
Galaxy Plus Chesapeake Master Fund | Short [Member] | Foreign | Interest | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (21,880) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.19%) | ||||
Number of Contracts/Units | Contracts | 224 | ||||
Galaxy Plus Doherty Master Fund | LongMember | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 166,553 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 2.54% | ||||
Galaxy Plus Doherty Master Fund | LongMember | Domestic (United States) | Index | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (6,600) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.10%) | ||||
Number of Contracts/Units | Contracts | 6 | ||||
Galaxy Plus Doherty Master Fund | LongMember | Domestic (United States) | Options purchased on futures contracts | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 173,153 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 2.64% | ||||
Number of Contracts/Units | Contracts | 230 | ||||
Galaxy Plus Doherty Master Fund | Short [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 15,898 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.24% | ||||
Galaxy Plus Doherty Master Fund | Short [Member] | Domestic (United States) | Index | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (150,655) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (2.30%) | ||||
Galaxy Plus Doherty Master Fund | Short [Member] | Domestic (United States) | Options purchased on futures contracts | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (150,655) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (2.30%) | ||||
Number of Contracts/Units | Contracts | 2,037 | ||||
Galaxy Plus EVE Master Fund | LongMember | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 4,770,285 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 40.94% | ||||
Galaxy Plus EVE Master Fund | LongMember | Domestic (United States) | Agriculture | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (67,518) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.58%) | ||||
Number of Contracts/Units | Contracts | 352 | ||||
Galaxy Plus EVE Master Fund | LongMember | Domestic (United States) | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 927,263 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 7.96% | ||||
Number of Contracts/Units | Contracts | 667 | ||||
Galaxy Plus EVE Master Fund | LongMember | Domestic (United States) | Metals | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (187,498) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (1.61%) | ||||
Number of Contracts/Units | Contracts | 144 | ||||
Galaxy Plus EVE Master Fund | LongMember | Domestic (United States) | Interest | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (74,449) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.64%) | ||||
Number of Contracts/Units | Contracts | 232 | ||||
Galaxy Plus EVE Master Fund | LongMember | Foreign | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 156,200 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.34% | ||||
Number of Contracts/Units | Contracts | 44 | ||||
Galaxy Plus EVE Master Fund | Short [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (6,019,695) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (51.67%) | ||||
Galaxy Plus EVE Master Fund | Short [Member] | Domestic (United States) | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (211,411) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (1.81%) | ||||
Number of Contracts/Units | Contracts | 44 | ||||
Galaxy Plus EVE Master Fund | Short [Member] | Domestic (United States) | Metals | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 163,716 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.41% | ||||
Number of Contracts/Units | Contracts | 72 | ||||
Galaxy Plus EVE Master Fund | Short [Member] | Domestic (United States) | Interest | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 60,274 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.52% | ||||
Number of Contracts/Units | Contracts | 232 | ||||
Galaxy Plus EVE Master Fund | Short [Member] | Foreign | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (118,182) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (1.01%) | ||||
Number of Contracts/Units | Contracts | 80 | ||||
Galaxy Plus EVE Master Fund | Maturing June 2017 | LongMember | Domestic (United States) | Agriculture | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 585,461 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 5.02% | ||||
Number of Contracts/Units | Contracts | 382 | ||||
Galaxy Plus EVE Master Fund | Other maturities | LongMember | Domestic (United States) | Agriculture | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 86,572 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.74% | ||||
Number of Contracts/Units | Contracts | 40 | ||||
Galaxy Plus EVE Master Fund | Other maturities | LongMember | Domestic (United States) | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 681,526 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 5.85% | ||||
Number of Contracts/Units | Contracts | 272 | ||||
Galaxy Plus EVE Master Fund | Other maturities | Short [Member] | Domestic (United States) | Agriculture | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 54,479 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.47% | ||||
Number of Contracts/Units | Contracts | 352 | ||||
Galaxy Plus EVE Master Fund | Other maturities | Short [Member] | Domestic (United States) | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (604,685) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (5.19%) | ||||
Number of Contracts/Units | Contracts | 423 | ||||
Galaxy Plus EVE Master Fund | Crude Maturing March 2018 | LongMember | Domestic (United States) | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 1,806,575 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 15.51% | ||||
Number of Contracts/Units | Contracts | 416 | ||||
Galaxy Plus EVE Master Fund | Maturing March 2017 | LongMember | Domestic (United States) | Gasoline | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 856,153 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 7.35% | ||||
Number of Contracts/Units | Contracts | 154 | ||||
Galaxy Plus EVE Master Fund | Maturing April 2017 | Short [Member] | Domestic (United States) | Agriculture | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (823,991) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (7.07%) | ||||
Number of Contracts/Units | Contracts | 422 | ||||
Galaxy Plus EVE Master Fund | Crude Maturing December 2017 | Short [Member] | Domestic (United States) | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (857,258) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (7.36%) | ||||
Number of Contracts/Units | Contracts | 197 | ||||
Galaxy Plus EVE Master Fund | Crude Maturing January 2018 | Short [Member] | Domestic (United States) | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (1,244,171) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (10.69%) | ||||
Number of Contracts/Units | Contracts | 241 | ||||
Galaxy Plus EVE Master Fund | Diesel Fuel | Short [Member] | Domestic (United States) | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (752,358) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (6.46%) | ||||
Number of Contracts/Units | Contracts | 197 | ||||
Galaxy Plus EVE Master Fund | NaturalGas | Short [Member] | Domestic (United States) | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (849,502) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (7.30%) | ||||
Number of Contracts/Units | Contracts | 523 | ||||
Galaxy Plus EVE Master Fund | Gasoline | Short [Member] | Domestic (United States) | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (836,606) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (7.18%) | ||||
Number of Contracts/Units | Contracts | 154 | ||||
Galaxy Plus LRR Master Fund | LongMember | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 624,873 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 8.10% | ||||
Galaxy Plus LRR Master Fund | LongMember | Domestic (United States) | Agriculture | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 225,956 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 2.93% | ||||
Number of Contracts/Units | Contracts | 281 | ||||
Galaxy Plus LRR Master Fund | LongMember | Domestic (United States) | Currency | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (18,499) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.24%) | ||||
Number of Contracts/Units | Contracts | 94 | ||||
Galaxy Plus LRR Master Fund | LongMember | Domestic (United States) | Energy | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 18,203 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.24% | ||||
Number of Contracts/Units | Contracts | 18 | ||||
Galaxy Plus LRR Master Fund | LongMember | Domestic (United States) | Metals | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (60,620) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.79%) | ||||
Number of Contracts/Units | Contracts | 25 | ||||
Galaxy Plus LRR Master Fund | LongMember | Foreign | Metals | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (117,607) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (1.52%) | ||||
Number of Contracts/Units | Contracts | 22 | ||||
Galaxy Plus LRR Master Fund | Short [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (99,689) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (1.29%) | ||||
Galaxy Plus LRR Master Fund | Short [Member] | Domestic (United States) | Agriculture | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 56,681 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.73% | ||||
Number of Contracts/Units | Contracts | 42 | ||||
Galaxy Plus LRR Master Fund | Short [Member] | Domestic (United States) | Currency | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 89,474 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.16% | ||||
Number of Contracts/Units | Contracts | 71 | ||||
Galaxy Plus LRR Master Fund | Short [Member] | Domestic (United States) | Index | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 16,640 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.22% | ||||
Number of Contracts/Units | Contracts | 11 | ||||
Galaxy Plus LRR Master Fund | Short [Member] | Domestic (United States) | Interest | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 2,813 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.04% | ||||
Number of Contracts/Units | Contracts | 21 | ||||
Galaxy Plus LRR Master Fund | Short [Member] | Foreign | Interest | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (55,717) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.72%) | ||||
Number of Contracts/Units | Contracts | 38 | ||||
Galaxy Plus LRR Master Fund | Agriculture Milk | LongMember | Domestic (United States) | Options purchased on futures contracts | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 577,440 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 7.48% | ||||
Number of Contracts/Units | Contracts | 226 | ||||
Galaxy Plus LRR Master Fund | Agriculture Milk | Short [Member] | Domestic (United States) | Options purchased on futures contracts | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (209,580) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (2.72%) | ||||
Number of Contracts/Units | Contracts | 344 | ||||
[1] | Except for those items disclosed, no individual futures, forwards and option on futures contract position constituted greater than 1 percent of Net Asset Value. Accordingly, the number of contracts and expiration dates are not presented. | ||||
[2] | Assets have been allocated to each Series based upon ownership in the cash management pool. See Note 2. | ||||
[3] | See Note 4 to the Financial Statements. | ||||
[4] | See Note 5 to the Financial Statements. | ||||
[5] | Assets have been allocated to each Series based upon ownership in the cash management pool. | ||||
[6] | Same as other page | ||||
[7] | 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. |
Consolidated Schedules of Inve4
Consolidated Schedules of Investments (Parenthetical) - US Treasury Securities [Member] - USD ($) | 12 Months Ended | ||||
Dec. 31, 2016 | Dec. 31, 2015 | ||||
Equinox Frontier Select Fund [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, at Cost | [1] | $ 1,850,893 | |||
Equinox Frontier Balanced Fund [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, at Cost | [1] | $ 41,114,551 | |||
Us Treasury Note Six Point Eight Seven Five Percent Due Two Thousand And Twenty Five [Member] | |||||
Schedule of Investments [Line Items] | |||||
Rate | 6.875% | 6.875% | |||
Debt Instrument, Maturity Date | Aug. 15, 2025 | ||||
Cost | $ 28,012,500 | $ 28,012,500 | |||
Investment Owned, Underlying Face Amount, at Market Value | $ 15,900,000 | $ 20,000,000 | |||
Us Treasury Note Six Point Eight Seven Five Percent Due Two Thousand And Twenty Five [Member] | Equinox Frontier Select Fund [Member] | |||||
Schedule of Investments [Line Items] | |||||
Rate | [1] | 6.875% | 6.875% | ||
Debt Instrument, Maturity Date | [1] | Aug. 15, 2025 | Aug. 15, 2025 | ||
Cost | [1] | $ 36,863,436 | $ 28,012,500 | ||
Investment Owned, Underlying Face Amount, at Market Value | [1] | $ 15,900,000 | $ 20,000,000 | ||
Us Treasury Note Six Point Eight Seven Five Percent Due Two Thousand And Twenty Five [Member] | Equinox Frontier Balanced Fund [Member] | |||||
Schedule of Investments [Line Items] | |||||
Rate | [1] | 6.875% | 6.875% | ||
Debt Instrument, Maturity Date | [1] | Aug. 15, 2025 | Aug. 15, 2025 | ||
Cost | [1] | $ 36,863,436 | $ 28,012,500 | ||
Investment Owned, Underlying Face Amount, at Market Value | [1] | $ 16,400,000 | $ 20,000,000 | ||
Us Treasury Note Six Point Eight Seven Five Percent Due Two Thousand And Twenty Five [Member] | Equinox Frontier Winton Fund [Member] | |||||
Schedule of Investments [Line Items] | |||||
Rate | 6.875% | [2] | 6.875% | [1] | |
Debt Instrument, Maturity Date | Aug. 15, 2025 | [2] | Aug. 15, 2025 | [1] | |
Cost | $ 28,012,500 | [2] | $ 28,012,500 | [1] | |
Investment Owned, Underlying Face Amount, at Market Value | $ 16,400,000 | [2] | $ 20,000,000 | [1] | |
Us Treasury Note Six Point Eight Seven Five Percent Due Two Thousand And Twenty Five [Member] | Equinox Frontier Long Short Commodity Fund [Member] | |||||
Schedule of Investments [Line Items] | |||||
Rate | [1] | 6.875% | 6.00% | ||
Debt Instrument, Maturity Date | [1] | Aug. 15, 2025 | Feb. 15, 2026 | ||
Cost | [1] | $ 28,012,500 | $ 28,012,500 | ||
Investment Owned, Underlying Face Amount, at Market Value | [1] | $ 16,400,000 | $ 20,000,000 | ||
Us Treasury Note Six Point Eight Seven Five Percent Due Two Thousand And Twenty Five [Member] | Equinox Frontier Masters Fund [Member] | |||||
Schedule of Investments [Line Items] | |||||
Rate | [1] | 6.875% | 6.00% | ||
Debt Instrument, Maturity Date | [1] | Aug. 15, 2025 | Feb. 15, 2026 | ||
Cost | [1] | $ 28,012,500 | $ 28,012,500 | ||
Investment Owned, Underlying Face Amount, at Market Value | [1] | $ 16,400,000 | $ 20,000,000 | ||
Us Treasury Note Six Point Eight Seven Five Percent Due Two Thousand And Twenty Five [Member] | Equinox Frontier Heritage Fund [Member] | |||||
Schedule of Investments [Line Items] | |||||
Rate | 6.875% | [2] | 6.875% | [1] | |
Debt Instrument, Maturity Date | Aug. 15, 2025 | [2] | Aug. 15, 2025 | [1] | |
Cost | $ 28,012,500 | [2] | $ 28,012,500 | [1] | |
Investment Owned, Underlying Face Amount, at Market Value | $ 16,400,000 | [2] | $ 20,000,000 | [1] | |
Us Treasury Note Six Point Eight Seven Five Percent Due Two Thousand And Twenty Five [Member] | Equinox Frontier Diversified Fund | |||||
Schedule of Investments [Line Items] | |||||
Rate | [1] | 6.875% | 6.00% | ||
Debt Instrument, Maturity Date | [1] | Aug. 15, 2025 | Feb. 15, 2026 | ||
Cost | [1] | $ 28,012,500 | $ 28,012,500 | ||
Investment Owned, Underlying Face Amount, at Market Value | [1] | $ 16,400,000 | $ 20,000,000 | ||
Us Treasury Note Six Point Zero Zero Zero Percent Due Two Thousand And Twenty Six [Member] | |||||
Schedule of Investments [Line Items] | |||||
Rate | 6.00% | 6.00% | |||
Debt Instrument, Maturity Date | Feb. 15, 2026 | ||||
Cost | $ 36,863,436 | $ 99,934,764 | |||
Investment Owned, Underlying Face Amount, at Market Value | $ 16,400,000 | $ 67,000,000 | |||
Us Treasury Note Six Point Zero Zero Zero Percent Due Two Thousand And Twenty Six [Member] | Equinox Frontier Select Fund [Member] | |||||
Schedule of Investments [Line Items] | |||||
Rate | [1] | 6.00% | 6.00% | ||
Debt Instrument, Maturity Date | [1] | Feb. 15, 2026 | Feb. 15, 2026 | ||
Cost | [1] | $ 28,012,500 | $ 99,934,764 | ||
Investment Owned, Underlying Face Amount, at Market Value | [1] | $ 16,400,000 | $ 67,000,000 | ||
Us Treasury Note Six Point Zero Zero Zero Percent Due Two Thousand And Twenty Six [Member] | Equinox Frontier Balanced Fund [Member] | |||||
Schedule of Investments [Line Items] | |||||
Rate | [1] | 6.00% | 6.00% | ||
Debt Instrument, Maturity Date | [1] | Feb. 15, 2026 | Feb. 15, 2026 | ||
Cost | [1] | $ 36,863,436 | $ 99,934,764 | ||
Investment Owned, Underlying Face Amount, at Market Value | [1] | $ 15,900,000 | $ 67,000,000 | ||
Us Treasury Note Six Point Zero Zero Zero Percent Due Two Thousand And Twenty Six [Member] | Equinox Frontier Winton Fund [Member] | |||||
Schedule of Investments [Line Items] | |||||
Rate | 6.00% | [2] | 6.00% | [1] | |
Debt Instrument, Maturity Date | Feb. 15, 2026 | [2] | Feb. 15, 2026 | [1] | |
Cost | $ 36,863,436 | [2] | $ 99,934,764 | [1] | |
Investment Owned, Underlying Face Amount, at Market Value | $ 15,900,000 | [2] | $ 67,000,000 | [1] | |
Us Treasury Note Six Point Zero Zero Zero Percent Due Two Thousand And Twenty Six [Member] | Equinox Frontier Long Short Commodity Fund [Member] | |||||
Schedule of Investments [Line Items] | |||||
Rate | [1] | 6.00% | 6.00% | ||
Debt Instrument, Maturity Date | [1] | Feb. 15, 2026 | Feb. 15, 2026 | ||
Cost | [1] | $ 36,863,436 | $ 99,934,764 | ||
Investment Owned, Underlying Face Amount, at Market Value | [1] | $ 15,900,000 | $ 67,000,000 | ||
Us Treasury Note Six Point Zero Zero Zero Percent Due Two Thousand And Twenty Six [Member] | Equinox Frontier Masters Fund [Member] | |||||
Schedule of Investments [Line Items] | |||||
Rate | [1] | 6.00% | 6.00% | ||
Debt Instrument, Maturity Date | [1] | Feb. 15, 2026 | Feb. 15, 2026 | ||
Cost | [1] | $ 36,863,436 | $ 99,934,764 | ||
Investment Owned, Underlying Face Amount, at Market Value | [1] | $ 15,900,000 | $ 67,000,000 | ||
Us Treasury Note Six Point Zero Zero Zero Percent Due Two Thousand And Twenty Six [Member] | Equinox Frontier Heritage Fund [Member] | |||||
Schedule of Investments [Line Items] | |||||
Rate | 6.00% | [2] | 6.00% | [1] | |
Debt Instrument, Maturity Date | Feb. 15, 2026 | [2] | Feb. 15, 2026 | [1] | |
Cost | $ 36,863,436 | [2] | $ 99,934,764 | [1] | |
Investment Owned, Underlying Face Amount, at Market Value | $ 15,900,000 | [2] | $ 67,000,000 | [1] | |
Us Treasury Note Six Point Zero Zero Zero Percent Due Two Thousand And Twenty Six [Member] | Equinox Frontier Diversified Fund | |||||
Schedule of Investments [Line Items] | |||||
Rate | [1] | 6.00% | 6.00% | ||
Debt Instrument, Maturity Date | [1] | Feb. 15, 2026 | Feb. 15, 2026 | ||
Cost | [1] | $ 36,863,436 | $ 99,934,764 | ||
Investment Owned, Underlying Face Amount, at Market Value | [1] | $ 15,900,000 | $ 67,000,000 | ||
[1] | Assets have been allocated to each Series based upon ownership in the cash management pool. See Note 2. | ||||
[2] | Assets have been allocated to each Series based upon ownership in the cash management pool. |
Consolidated Schedules of Inve5
Consolidated Schedules of Investments - USD ($) | Dec. 31, 2016 | Dec. 31, 2015 | |
Open Trade Equity Deficit [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.97% | (1.81%) |
Investment Owned, Fair Value | [1] | $ 2,146,207 | $ (4,348,872) |
Currency Forwards [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.02% | 0.03% |
Investment Owned, Fair Value | [1] | $ 54,584 | $ 75,418 |
Currency Forwards [Member] | Various Currency Forward Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.02% | 0.03% |
Investment Owned, Fair Value | [1] | $ 54,584 | $ 75,418 |
Long Futures Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.38% | (9.41%) |
Investment Owned, Fair Value | [1] | $ 842,388 | $ (22,606,527) |
Long Futures Contracts [Member] | Various Soft Futures Contract Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | |
Investment Owned, Fair Value | [1] | $ 1,956 | |
Long Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (1.15%) | |
Investment Owned, Fair Value | [1] | $ (2,773,754) | |
Long Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.02% | |
Investment Owned, Fair Value | [1] | $ 54,431 | |
Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.24%) | |
Investment Owned, Fair Value | [1] | $ (568,406) | |
Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.12% | (0.29%) |
Investment Owned, Fair Value | [1] | $ 255,450 | $ (686,234) |
Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | (0.01%) |
Investment Owned, Fair Value | [1] | $ 103 | $ (19,910) |
Long Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.17% | (0.08%) |
Investment Owned, Fair Value | [1] | $ 362,606 | $ (184,632) |
Long Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.04%) | |
Investment Owned, Fair Value | [1] | $ (96,596) | |
Long Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.52%) | |
Investment Owned, Fair Value | [1] | $ (1,250,449) | |
Long Futures Contracts [Member] | Various Stock Index Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | (0.02%) |
Investment Owned, Fair Value | [1] | $ 925 | $ (43,551) |
Long Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.06% | |
Investment Owned, Fair Value | [1] | $ 135,830 | |
Long Futures Contracts [Member] | Various Soft Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | 0.00% |
Investment Owned, Fair Value | [1] | $ (1,115) | $ 513 |
Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.13% | |
Investment Owned, Fair Value | [1] | $ 304,974 | |
Long Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (1.08%) | |
Investment Owned, Fair Value | [1] | $ (2,605,923) | |
Long Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.03% | |
Investment Owned, Fair Value | [1] | $ 73,103 | |
Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | 0.05% |
Investment Owned, Fair Value | [1] | $ (503) | $ 111,674 |
Long Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.15% | |
Investment Owned, Fair Value | [1] | $ 349,981 | |
Long Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.14% | 0.04% |
Investment Owned, Fair Value | [1] | $ 302,352 | $ 100,955 |
Long Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.03% | 0.00% |
Investment Owned, Fair Value | [1] | $ 61,876 | $ (2,642) |
Long Futures Contracts [Member] | Various Energy Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | 0.00% |
Investment Owned, Fair Value | [1] | $ 8,788 | $ 605 |
Long Futures Contracts [Member] | Various Currency Futures Contracts Singapore [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | |
Investment Owned, Fair Value | [1] | $ 6,824 | |
Long Futures Contracts [Member] | Various Energy Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.01% | |
Investment Owned, Fair Value | [1] | $ 13,493 | |
Long Futures Contracts [Member] | Various Soft Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | |
Investment Owned, Fair Value | [1] | $ 5,505 | |
Long Futures Contracts [Member] | Heating Oil Settling June Twenty Ninth Two Thousand And Sixteenth Number Of Contracts Three Hundred And Fourteen [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (1.73%) | |
Investment Owned, Fair Value | [1] | $ (4,145,156) | |
Long Futures Contracts [Member] | Wti Crude Oil Settling May Thirty First Two Thousand and Sixteenth Number of Contracts Nine Hundred and Twenty Five [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (3.20%) | |
Investment Owned, Fair Value | [1] | $ (7,677,427) | |
Short Futures Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.57% | 7.57% |
Investment Owned, Fair Value | [1] | $ 1,249,235 | $ 18,182,237 |
Short Futures Contracts [Member] | Various Soft Futures Contract Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.04% | 0.00% |
Investment Owned, Fair Value | [1] | $ 95,739 | $ (10,130) |
Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.55% | |
Investment Owned, Fair Value | [1] | $ 1,320,899 | |
Short Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.54% | |
Investment Owned, Fair Value | [1] | $ 1,304,853 | |
Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.06% | |
Investment Owned, Fair Value | [1] | $ 148,445 | |
Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.01%) | 0.05% |
Investment Owned, Fair Value | [1] | $ (17,617) | $ 130,658 |
Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.01% | (0.07%) |
Investment Owned, Fair Value | [1] | $ 22,526 | $ (171,001) |
Short Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | 0.04% |
Investment Owned, Fair Value | [1] | $ (2,456) | $ 87,447 |
Short Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.17% | |
Investment Owned, Fair Value | [1] | $ 402,411 | |
Short Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.05% | |
Investment Owned, Fair Value | [1] | $ 113,542 | |
Short Futures Contracts [Member] | Various Stock Index Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | (0.01%) |
Investment Owned, Fair Value | [1] | $ (23,117) | |
Short Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.02%) | |
Investment Owned, Fair Value | [1] | $ (39,052) | |
Short Futures Contracts [Member] | Various Soft Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | |
Investment Owned, Fair Value | [1] | $ (1,321) | |
Short Futures Contracts [Member] | Various Soft Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | |
Investment Owned, Fair Value | [1] | $ (1,348) | |
Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.01%) | |
Investment Owned, Fair Value | [1] | $ (18,300) | |
Short Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 1.65% | |
Investment Owned, Fair Value | [1] | $ 3,963,547 | |
Short Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.05% | 0.02% |
Investment Owned, Fair Value | [1] | $ 111,769 | $ 49,202 |
Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | 0.00% |
Investment Owned, Fair Value | [1] | $ 5,396 | $ 912 |
Short Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.15%) | |
Investment Owned, Fair Value | [1] | $ (364,588) | |
Short Futures Contracts [Member] | Various Stock Index Futures Contracts Africa [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | 0.00% |
Investment Owned, Fair Value | [1] | $ 4,459 | $ (10,962) |
Short Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | (0.01%) |
Investment Owned, Fair Value | [1] | $ (2,802) | $ (23,385) |
Short Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | (0.01%) |
Investment Owned, Fair Value | [1] | $ (12,679) | |
Short Futures Contracts [Member] | Various Energy Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | |
Investment Owned, Fair Value | [1] | $ 1,430 | |
Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | |
Investment Owned, Fair Value | [1] | $ 4,492 | |
Short Futures Contracts [Member] | Various Stock Index Futures Contracts Mexico [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | |
Investment Owned, Fair Value | [1] | $ 790 | |
Short Futures Contracts [Member] | Various Stock Index Futures Contracts Warsaw [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | |
Investment Owned, Fair Value | [1] | $ (3,926) | |
Short Futures Contracts [Member] | Various Soft Futures Contracts Singapore [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | |
Investment Owned, Fair Value | [1] | $ 930 | |
Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Far East One [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | |
Investment Owned, Fair Value | [1] | $ (2,639) | |
Short Futures Contracts [Member] | Various Energy Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.01% | |
Investment Owned, Fair Value | [1] | $ 29,608 | |
Short Futures Contracts [Member] | Various Currency Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.09% | |
Investment Owned, Fair Value | [1] | $ 187,929 | |
Options Written [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.04%) | (0.07%) |
Investment Owned, Fair Value | [1] | $ (99,845) | $ (165,760) |
Options Written [Member] | Various Stock Index Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.04%) | |
Investment Owned, Fair Value | [1] | $ (97,325) | |
Options Written [Member] | Various Energy Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.07%) | |
Investment Owned, Fair Value | [1] | $ (165,760) | |
Options Purchased [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.11% | 0.21% |
Investment Owned, Fair Value | [1] | $ 262,365 | $ 526,288 |
Options Purchased [Member] | Various Stock Index Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.11% | 0.15% |
Investment Owned, Fair Value | [1] | $ 246,365 | $ 371,758 |
Options Purchased [Member] | Various Energy Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.01% | 0.06% |
Investment Owned, Fair Value | [1] | $ 16,000 | $ 154,530 |
Swap [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 18.35% | 16.71% |
Investment Owned, Fair Value | [1] | $ 40,189,178 | $ 40,136,065 |
Swap [Member] | Frontier Thirty Seven Ls Select Swap Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 193.00% | 1.80% |
Investment Owned, Fair Value | [1] | $ 4,220,467 | $ 4,332,428 |
Swap [Member] | Frontier Thirty Four Balanced Select Swap Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 8.65% | 7.98% |
Investment Owned, Fair Value | [1] | $ 18,939,450 | $ 19,157,519 |
Swap [Member] | Frontier Thirty Five Diversified Select Swap Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 3.94% | 3.62% |
Investment Owned, Fair Value | [1] | $ 8,637,847 | $ 8,685,849 |
Swap [Member] | Frontier Brevan Howard Swap Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 3.83% | 3.31% |
Investment Owned, Fair Value | [1] | $ 8,391,414 | $ 7,960,269 |
Frontier Trading Company I Llc [Member] | Open Trade Equity Deficit [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 3,215,205 | 755,452 |
Frontier Trading Company I Llc [Member] | Currency Forwards [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 43,237 | 249,752 |
Frontier Trading Company I Llc [Member] | Currency Forwards [Member] | Various Currency Forward Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 43,237 | 249,752 |
Frontier Trading Company I Llc [Member] | Long Futures Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 2,026,528 | 25,788 |
Frontier Trading Company I Llc [Member] | Long Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (60,655) | |
Frontier Trading Company I Llc [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 560,666 | 104,988 |
Frontier Trading Company I Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 289,361 | (20,922) |
Frontier Trading Company I Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 676,493 | (46,509) |
Frontier Trading Company I Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 299,804 | (29,899) |
Frontier Trading Company I Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 14,786 | (28,958) |
Frontier Trading Company I Llc [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (312,320) | (91,615) |
Frontier Trading Company I Llc [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (48,075) | |
Frontier Trading Company I Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 33,439 | (41,549) |
Frontier Trading Company I Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 370,308 | (7,871) |
Frontier Trading Company I Llc [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 445 | |
Frontier Trading Company I Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 208,691 | 119,681 |
Frontier Trading Company I Llc [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 10,206 | (20,148) |
Frontier Trading Company I Llc [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 2,809 | 72,472 |
Frontier Trading Company I Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 79,701 | 33,854 |
Frontier Trading Company I Llc [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (89,038) | (25,856) |
Frontier Trading Company I Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (44,720) | 16,565 |
Frontier Trading Company I Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 35,072 | (8,890) |
Frontier Trading Company I Llc [Member] | Short Futures Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 1,145,440 | 479,912 |
Frontier Trading Company I Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contract Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (9,290) | |
Frontier Trading Company I Llc [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 7,685 | 75,381 |
Frontier Trading Company I Llc [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 360,124 | 262,509 |
Frontier Trading Company I Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (128) | (11,364) |
Frontier Trading Company I Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (14,958) | 36,447 |
Frontier Trading Company I Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (20,207) | |
Frontier Trading Company I Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (28,299) | 29,546 |
Frontier Trading Company I Llc [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 251,789 | 163,241 |
Frontier Trading Company I Llc [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 50,963 | (32,430) |
Frontier Trading Company I Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (20,773) | |
Frontier Trading Company I Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 2,837 | 71,361 |
Frontier Trading Company I Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (4,138) | |
Frontier Trading Company I Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (250) | |
Frontier Trading Company I Llc [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 356,351 | (100,304) |
Frontier Trading Company I Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 92,535 | 36,938 |
Frontier Trading Company I Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 12,112 | |
Frontier Trading Company I Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 78,930 | 42,680 |
Frontier Trading Company I Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Africa [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (1,238) | |
Frontier Trading Company I Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (24,501) | (25,518) |
Frontier Trading Company I Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (12,679) | |
Frontier Trading Company I Llc [Member] | Options Written [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (253,017) | (165,760) |
Frontier Trading Company I Llc [Member] | Options Written [Member] | Various Stock Index Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (253,017) | (165,760) |
Frontier Trading Company I Llc [Member] | Options Purchased [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 288,413 | 371,758 |
Frontier Trading Company I Llc [Member] | Options Purchased [Member] | Various Stock Index Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 288,413 | 371,758 |
Frontier Trading Company Xxxvii Llc [Member] | Swap [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | 3,633,060 | 4,332,427 |
Frontier Trading Company Xxxvii Llc [Member] | Swap [Member] | Frontier Thirty Seven Ls Select Swap Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | 3,633,060 | 4,332,427 |
Frontier Trading Company Xxxiv Llc [Member] | Options Purchased [Member] | Various Energy Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 18,246,955 | |
Frontier Trading Company Xxxiv Llc [Member] | Options Purchased [Member] | Various Soft Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 18,246,955 | |
Frontier Trading Company Xxxiv Llc [Member] | Swap [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 19,157,522 | |
Frontier Trading Company Xxxiv Llc [Member] | Swap [Member] | Frontier Thirty Four Balanced Select Swap Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 19,157,522 | |
Frontier Trading Company Xxix Llc [Member] | Open Trade Equity Deficit [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (279,840) | 4,750 |
Frontier Trading Company Xxix Llc [Member] | Long Futures Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (598,948) | (33,372) |
Frontier Trading Company Xxix Llc [Member] | Long Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (55,655) | (5,070) |
Frontier Trading Company Xxix Llc [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (167,835) | 4,224 |
Frontier Trading Company Xxix Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 18,578 | (1,655) |
Frontier Trading Company Xxix Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 37,578 | (4,581) |
Frontier Trading Company Xxix Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 6,318 | |
Frontier Trading Company Xxix Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 13,774 | 159 |
Frontier Trading Company Xxix Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 5,253 | 165 |
Frontier Trading Company Xxix Llc [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (1,077) | |
Frontier Trading Company Xxix Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 7,347 | 2,329 |
Frontier Trading Company Xxix Llc [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (369,788) | 10,098 |
Frontier Trading Company Xxix Llc [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 2,453 | 394 |
Frontier Trading Company Xxix Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 473 | |
Frontier Trading Company Xxix Llc [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (115,022) | 10,410 |
Frontier Trading Company Xxix Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 17,720 | 3,160 |
Frontier Trading Company Xxix Llc [Member] | Long Futures Contracts [Member] | Cme Lean Hogs Twenty Contracts Settlement Date April Twelve Two Thousand Thirteen [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | (53,610) | ||
Frontier Trading Company Xxix Llc [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (2,738) | 605 |
Frontier Trading Company Xxix Llc [Member] | Long Futures Contracts [Member] | Various Precious Metal Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 3,673 | |
Frontier Trading Company Xxix Llc [Member] | Short Futures Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 319,108 | 38,122 |
Frontier Trading Company Xxix Llc [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 3,100 | (3,165) |
Frontier Trading Company Xxix Llc [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 177,804 | 34,653 |
Frontier Trading Company Xxix Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (8,728) | 1,297 |
Frontier Trading Company Xxix Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (2,816) | |
Frontier Trading Company Xxix Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 129 | 2,553 |
Frontier Trading Company Xxix Llc [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 8,525 | (2,975) |
Frontier Trading Company Xxix Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 5,370 | 6,707 |
Frontier Trading Company Xxix Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (1,305) | |
Frontier Trading Company Xxix Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (4,709) | 2,791 |
Frontier Trading Company Xxix Llc [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 44,955 | (1,037) |
Frontier Trading Company Xxix Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 10,993 | (1,700) |
Frontier Trading Company Xxix Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 89,356 | 753 |
Frontier Trading Company Xxix Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Africa [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (1,911) | (751) |
Frontier Trading Company Xxix Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (6,684) | (918) |
Frontier Trading Company Xxix Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (143) | |
Frontier Trading Company Xxix Llc [Member] | Short Futures Contracts [Member] | Gbp Forward Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 1,832 | |
Frontier Trading Company Xxix Llc [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 5,389 | 1,020 |
Frontier Trading Company Xxix Llc [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (1,052) | 466 |
Frontier Trading Company Xxix Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Mexico [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (3,286) | 717 |
Frontier Trading Company Xv Llc [Member] | Open Trade Equity Deficit [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 1,658,917 | 462,340 |
Frontier Trading Company Xv Llc [Member] | Currency Forwards [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (103,561) | (32,681) |
Frontier Trading Company Xv Llc [Member] | Currency Forwards [Member] | Various Currency Forward Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (103,561) | (32,681) |
Frontier Trading Company Xv Llc [Member] | Long Futures Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (2,091,166) | (430,431) |
Frontier Trading Company Xv Llc [Member] | Long Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (2,840) | |
Frontier Trading Company Xv Llc [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (15,506) | (11,664) |
Frontier Trading Company Xv Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 159,627 | (35,830) |
Frontier Trading Company Xv Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 427,782 | (380,769) |
Frontier Trading Company Xv Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 56,954 | (1,711) |
Frontier Trading Company Xv Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 261 | (33,510) |
Frontier Trading Company Xv Llc [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (3,049,702) | (50,387) |
Frontier Trading Company Xv Llc [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (13,775) | |
Frontier Trading Company Xv Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (706) | |
Frontier Trading Company Xv Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 161,383 | (4,360) |
Frontier Trading Company Xv Llc [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (282) | 68 |
Frontier Trading Company Xv Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 15,988 | 22,925 |
Frontier Trading Company Xv Llc [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 1,561 | |
Frontier Trading Company Xv Llc [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 2,476 | 238 |
Frontier Trading Company Xv Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 40,078 | 8,285 |
Frontier Trading Company Xv Llc [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (19,677) | 17,813 |
Frontier Trading Company Xv Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 157,864 | 14,580 |
Frontier Trading Company Xv Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (1,389) | (1,931) |
Frontier Trading Company Xv Llc [Member] | Long Futures Contracts [Member] | Various Precious Metal Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 2,521 | |
Frontier Trading Company Xv Llc [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Singapore [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 6,824 | |
Frontier Trading Company Xv Llc [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (12,920) | 13,493 |
Frontier Trading Company Xv Llc [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (864) | 5,505 |
Frontier Trading Company Xv Llc [Member] | Short Futures Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 3,853,644 | 925,452 |
Frontier Trading Company Xv Llc [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 12,770 | 93,125 |
Frontier Trading Company Xv Llc [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 45,753 | 32,835 |
Frontier Trading Company Xv Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (15,224) | 50,113 |
Frontier Trading Company Xv Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (318) | 3,113 |
Frontier Trading Company Xv Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (12,330) | |
Frontier Trading Company Xv Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 5,289 | |
Frontier Trading Company Xv Llc [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 2,859,059 | 109,629 |
Frontier Trading Company Xv Llc [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (4,250) | |
Frontier Trading Company Xv Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (50,353) | (17,786) |
Frontier Trading Company Xv Llc [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 679,539 | 586,716 |
Frontier Trading Company Xv Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 2,800 | 2,000 |
Frontier Trading Company Xv Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 11 | (63) |
Frontier Trading Company Xv Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 276,836 | 34,651 |
Frontier Trading Company Xv Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Africa [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (2,270) | (1,849) |
Frontier Trading Company Xv Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 8,952 | |
Frontier Trading Company Xv Llc [Member] | Short Futures Contracts [Member] | Gbp Forward Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 6,824 | |
Frontier Trading Company Xv Llc [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 410 | |
Frontier Trading Company Xv Llc [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 4,026 | |
Frontier Trading Company Xv Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Mexico [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (1,093) | 74 |
Frontier Trading Company Xv Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Warsaw [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (3,926) | |
Frontier Trading Company Xv Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Singapore [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 930 | |
Frontier Trading Company Xv Llc [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Far East One [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (2,639) | |
Frontier Trading Company Xv Llc [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 49,517 | 29,608 |
Frontier Trading Company Xv Llc [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (3,383) | |
Frontier Trading Company Vii Llc [Member] | Open Trade Equity Deficit [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 3,469,339 | (6,482,649) |
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (24,620,778) | (21,486,342) |
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 4,582 | (557,610) |
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 42,799 | 6,605 |
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (142,799) | (30,915) |
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 56,709 | |
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (14,354) | |
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (114,553) | |
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 8,733 | |
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (22,534,214) | (389,699) |
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (2,042,234) | 772,345 |
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Corn Settling July Eighteenth Two Thousand And Sixteen Number Of Contracts Seven Hundred And Thirty Three [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | (747,836) | ||
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Brent Crude Oil Settling January Twenty Sixth Two Thousand And Sixteenth Number Of Contracts Five Hundred And Forty Six [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | (3,709,735) | ||
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Silver Settling July Twenty Nine Two Thousand And Sixteen Number Of Contracts One Hundred And Forty Two[Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | (943,552) | ||
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Silver Settling May Two Thousand Sixteen Number of Contract One Hundred Seventy Five [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | (1,266,412) | ||
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Gas Oil settling 04/30/2016 Number Of Contracts 71 [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | (993,661) | ||
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Heating Oil Settling June Twenty Ninth Two Thousand And Sixteenth Number Of Contracts Three Hundred And Fourteen [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | (4,145,156) | ||
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | WTI Crude Oil Settling June Twenty Nine Two Thousand and Sixteen Number Of Contracts One Hundred and Fifty Eight [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | (965,247) | ||
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Copper Settling December Thirty Two Thousand Sixteen Number Of Contracts Ninety Three [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | 1,141,221 | ||
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Wti Crude Oil Settling May Thirty First Two Thousand and Sixteenth Number of Contracts Nine Hundred and Twenty Five [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | (7,677,427) | ||
Frontier Trading Company Vii Llc [Member] | Long Futures Contracts [Member] | Live Cattle Settling Seven Fifteen Two Thousand Sixteen [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 417,732 | |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 28,090,117 | 15,003,693 |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 10,480 | |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 158,136 | 28,025 |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (548,940) | (3,900) |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (75,159) | 55,138 |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 25,336 | |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 10,300 | 173,147 |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (42,048) | |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (28,461) | (18,050) |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 2,818,105 | 667,184 |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 851,899 | (1,077,773) |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Heat Oil Settling August First Two Thousand and Sixteen [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 3,342,927 | |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Heat Oil Settling September Twenty Ninth Two Thousand and Sixteen [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 1,838,928 | |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Crude Oil Settling March Thirty First Two Thousand and Sixteen [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 739,030 | |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Crude Oil Settling April Thirtieth Two Thousand and Sixteen [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 4,035,371 | |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Corn Settling May Seventeen Two Thousand Sixteen [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 490,875 | |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Silver Settling March Thirty First Two Thousand and Sixteen [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 851,818 | |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Wti Crude Settling Two Nineteen Two Thousand Sixteen [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 3,923,021 | |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Brent Crude Oil Settling July First Two Thousand And Fifteen Number Of Contracts Seventy Four [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 590,890 | |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Brent Crude Oil Settling March First Two Thousand And Fifteen Number Of Contracts Six Hundred And Sixty One [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 1,956,120 | |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | NYHRBOB Unleaded Gas Settling July Thirty Two Thousand And Fifteen Number of Contracts One Hundred And Thirty [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 2,097,900 | |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Brent Crude Oil Last Day Settling December Two Two Thousand And Fifteen Number Of Contracts Two Hundred And Twenty Nine [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 2,871,660 | |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Coffee Settling May Twenty Nine Two Thousand And Fifteen Number Of Contracts Three Hundred And Seventy [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 1,080,723 | |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Heat Oil Settling May Twenty Eight Two Thousand And Fifteen Number Of Contracts Three Hundred And Seventy Two [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 1,015,720 | |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | NYH RBOB Unleaded Gas Settling December Thirty Two Thousand And Fifteen Number of Contracts Three Hundred And Eighty Eight [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 4,267,957 | |
Frontier Trading Company Vii Llc [Member] | Short Futures Contracts [Member] | Crude Oil Settling December First Two Thousand And Fifteen Number Of Contracts Seven Hundred And Fourteen [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 10,987,452 | |
Frontier Trading Company Vii Llc [Member] | Options Written [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (8,710,817) | |
Frontier Trading Company Vii Llc [Member] | Options Written [Member] | Various Energy Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (8,234,007) | |
Frontier Trading Company Vii Llc [Member] | Options Written [Member] | Various Soft Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (476,810) | |
Frontier Trading Company Vii Llc [Member] | Options Purchased [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 8,787,472 | 154,530 |
Frontier Trading Company Vii Llc [Member] | Options Purchased [Member] | Various Energy Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 474,932 | 154,530 |
Frontier Trading Company Vii Llc [Member] | Options Purchased [Member] | Various Soft Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 379,800 | |
Frontier Trading Company Vii Llc [Member] | Options Purchased [Member] | Crude Oil Settling January Sixteen Two Thousand And Fifteen Number Of Contracts Thousand Four Hundred And Thirty Eight [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 549,890 | |
Frontier Trading Company Vii Llc [Member] | Options Purchased [Member] | Crude Oil Settling August Nineteen Two Thousand And Fifteen Number Of Contracts Two Thousand Thirty Four [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 730,140 | |
Frontier Trading Company Vii Llc [Member] | Options Purchased [Member] | Crude Oil Settling July Twenty Two Thousand And Fifteen Number Of Contracts Two Thousand Thirty Four [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 695,230 | |
Frontier Trading Company Vii Llc [Member] | Options Purchased [Member] | Crude Oil Settling February Nineteen Two Thousand And Fifteen Number Of Contracts One Thousand Four Hundred And Thirty Eight [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 732,870 | |
Frontier Trading Company Vii Llc [Member] | Options Purchased [Member] | Crude Oil Settling April Twenty Two Thousand And Fifteen Number Of Contracts One Thousand Forty Four [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 798,660 | |
Frontier Trading Company Vii Llc [Member] | Options Purchased [Member] | Crude Oil Settling March Nineteen Two Thousand And Fifteen Number Of Contracts One Thousand Forty Four [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 783,000 | |
Frontier Trading Company Vii Llc [Member] | Options Purchased [Member] | Crude Oil Settling September Twenty One Two Thousand And Fifteen Number Of Contracts Two Thousand Thirty Four [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 777,380 | |
Frontier Trading Company Vii Llc [Member] | Options Purchased [Member] | Crude Oil Settling May Eighteen Two Thousand And Fifteen Number Of Contracts One Thousand Forty Four [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 751,680 | |
Frontier Trading Company Vii Llc [Member] | Options Purchased [Member] | Crude Oil Settling October Nineteen Two Thousand And Fifteen Number Of Contracts Two Thousand Thirty Four [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 774,350 | |
Frontier Trading Company Vii Llc [Member] | Options Purchased [Member] | Crude Oil Settling June Nineteen Two Thousand And Fifteen Number Of Contracts Two Thousand Thirty Four [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 668,760 | |
Frontier Trading Company Vii Llc [Member] | Options Purchased [Member] | Crude Oil Settling November Nineteen Two Thousand And Fifteen Number Of Contracts Two Thousand Thirty Four [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 670,780 | |
Frontier Trading Company Xxxv Llc [Member] | Swap [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | 6,570,409 | 8,685,850 |
Frontier Trading Company Xxxv Llc [Member] | Swap [Member] | Frontier Thirty Five Diversified Select Swap Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | 6,570,409 | 8,685,850 |
Frontier Trading Company Xxiii Llc [Member] | Open Trade Equity Deficit [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 893,605 | (27,706) |
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 830,692 | (97,023) |
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (1,110) | |
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (86,913) | (38,894) |
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 94,395 | (91,109) |
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 373,410 | (73,358) |
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 70,277 | 14,457 |
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (9,451) | (7,258) |
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 650 | |
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 2,334 | |
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 58,582 | (57,123) |
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 156,631 | 74,364 |
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (65,774) | |
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 35,722 | 26,122 |
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 21,484 | 39,310 |
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 14,592 | |
Frontier Trading Company Xxiii Llc [Member] | Long Futures Contracts [Member] | Long Gilt [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 182,329 | |
Frontier Trading Company Xxiii Llc [Member] | Short Futures Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 62,913 | 69,317 |
Frontier Trading Company Xxiii Llc [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 69,055 | 4,738 |
Frontier Trading Company Xxiii Llc [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 204,629 | 116,714 |
Frontier Trading Company Xxiii Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 1,900 | 6,488 |
Frontier Trading Company Xxiii Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (247,934) | 2,700 |
Frontier Trading Company Xxiii Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (1,673) | |
Frontier Trading Company Xxiii Llc [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 2,113 | |
Frontier Trading Company Xxiii Llc [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 42,725 | (61,323) |
Frontier Trading Company Xxiii Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 472 | |
Frontier Trading Company Xxiii Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (8,374) | |
Frontier Trading Company Ii Llc [Member] | Open Trade Equity Deficit [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 3,473,284 | 599,579 |
Frontier Trading Company Ii Llc [Member] | Currency Forwards [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (555,872) | (168,539) |
Frontier Trading Company Ii Llc [Member] | Currency Forwards [Member] | Various Currency Forward Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (555,872) | (168,539) |
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 1,702,342 | (288,813) |
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 11,440 | (26,609) |
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (166,778) | (317,169) |
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 1,587,953 | (126,797) |
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 94,126 | (3,134) |
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (82,139) | (83,141) |
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (391,586) | (1,294) |
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 11,810 | |
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 646,554 | 148,532 |
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 159,563 | 68,874 |
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (379,300) | |
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 23,018 | |
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 20,360 | 10,868 |
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (122,345) | 4,274 |
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 278,820 | 36,783 |
Frontier Trading Company Ii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 10,846 | |
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 2,326,814 | 1,056,931 |
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contract Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (1,140) | |
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 92,540 | 244,230 |
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 893,008 | 466,490 |
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (266) | |
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (342) | |
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (4,773) | (3,043) |
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 34,304 | 22,625 |
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 302,951 | 134,930 |
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 20,375 | (11,450) |
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (2,344) | |
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (89,920) | (68,081) |
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (194) | (16) |
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 891,223 | 142,483 |
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 5,215 | 3,608 |
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 215 | |
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 186,922 | 137,220 |
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Africa [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (4,710) | (7,124) |
Frontier Trading Company Ii Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (1,191) | |
Frontier Trading Company Ii Llc [Member] | Options Purchased [Member] | Crude Oil Settling July Twenty Two Thousand And Fifteen Number Of Contracts Two Thousand Thirty Four [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | |||
Frontier Trading Company Ii Llc [Member] | Options Purchased [Member] | Crude Oil Settling March Nineteen Two Thousand And Fifteen Number Of Contracts One Thousand Forty Four [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | |||
Frontier Trading Company Xiv Llc [Member] | Open Trade Equity Deficit [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 1,024,868 | 34,484 |
Frontier Trading Company Xiv Llc [Member] | Currency Forwards [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (316,183) | 26,881 |
Frontier Trading Company Xiv Llc [Member] | Currency Forwards [Member] | Various Currency Forward Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (316,183) | 26,881 |
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (922,430) | (251,130) |
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 1,115 | |
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 15,844 | 4,514 |
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 26,385 | (70,806) |
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 290,958 | (54,219) |
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 30,873 | 377 |
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (11,078) | (7,766) |
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (443,923) | 46,701 |
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 18,623 | (4,336) |
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 112,478 | 82,379 |
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 37,736 | 16,803 |
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (972,835) | (247,935) |
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 3,085 | |
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 8,018 | 32,546 |
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (73,935) | (44,679) |
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 34,226 | (3,962) |
Frontier Trading Company Xiv Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (747) | |
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 2,263,481 | 258,733 |
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 27,230 | 1,530 |
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 34,431 | 37,249 |
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 1,353 | 20,302 |
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (13,206) | (220) |
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (551) | |
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 626 | |
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 305,976 | (5,389) |
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 9,325 | (8,500) |
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (6,875) | 10,790 |
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 332,080 | (57,330) |
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 6,020 | |
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 72,236 | 47,438 |
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (7,126) | (4,712) |
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | (1,348) | |
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Gas Oil Settling February Twenty Ninth Two Thousand And Sixteen [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 217,500 | |
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Gas Oil Settling March Thirty One Two Thousand And Fifteen Number of Contracts Fifty Four [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 394,875 | |
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Crude Oil Settling February First Two Thousand And Fifteen Number Of Contracts Fifty Four [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 452,980 | |
Frontier Trading Company Xiv Llc [Member] | Short Futures Contracts [Member] | Brent Crude Settling February First Two Thousand And Fifteen Number Of Contracts Seventy Seven [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [2] | 655,530 | |
Frontier Trading Company Xxxix Llc [Member] | Swap [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | 7,540,466 | 7,960,269 |
Frontier Trading Company Xxxix Llc [Member] | Swap [Member] | Frontier Brevan Howard Swap Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | 7,540,466 | 7,960,269 |
Frontier Trading Company Xxxviii Llc [Member] | Open Trade Equity Deficit [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | 1,369,043 | 304,878 |
Frontier Trading Company Xxxviii Llc [Member] | Long Futures Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | 204,047 | (45,194) |
Frontier Trading Company Xxxviii Llc [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | (59,625) | 11,269 |
Frontier Trading Company Xxxviii Llc [Member] | Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | 42,827 | |
Frontier Trading Company Xxxviii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | 99,857 | (24,157) |
Frontier Trading Company Xxxviii Llc [Member] | Long Futures Contracts [Member] | Various Base Metals Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | 4,675 | |
Frontier Trading Company Xxxviii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | 49,558 | (25,893) |
Frontier Trading Company Xxxviii Llc [Member] | Long Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | 670 | |
Frontier Trading Company Xxxviii Llc [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | (32,365) | (612) |
Frontier Trading Company Xxxviii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | 103,795 | (5,480) |
Frontier Trading Company Xxxviii Llc [Member] | Long Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | (5,666) | |
Frontier Trading Company Xxxviii Llc [Member] | Short Futures Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | 1,164,996 | 350,072 |
Frontier Trading Company Xxxviii Llc [Member] | Short Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | 52,490 | 53,240 |
Frontier Trading Company Xxxviii Llc [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | 380,145 | |
Frontier Trading Company Xxxviii Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | (32,928) | 85,776 |
Frontier Trading Company Xxxviii Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | 33,479 | |
Frontier Trading Company Xxxviii Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | (132,055) | |
Frontier Trading Company Xxxviii Llc [Member] | Short Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | 26,809 | |
Frontier Trading Company Xxxviii Llc [Member] | Short Futures Contracts [Member] | Various Energy Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | 100,893 | (4,099) |
Frontier Trading Company Xxxviii Llc [Member] | Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | (5,755) | 976 |
Frontier Trading Company Xxxviii Llc [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | 186,382 | (40,433) |
Frontier Trading Company Xxxviii Llc [Member] | Short Futures Contracts [Member] | Gbp Forward Contracts [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | 180,063 | |
Frontier Trading Company Xxxviii Llc [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Far East [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | $ 146,317 | |
Frontier Trading Company Xxxviii Llc [Member] | Short Futures Contracts [Member] | Euro Fx Settling March First Two Thousand And Fifteen Number Of Contracts Fifty Four [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | 232,994 | |
Frontier Trading Company Xxxviii Llc [Member] | Short Futures Contracts [Member] | CHF Settling March Eighteen Two Thousand And Fifteen Number Of Contracts Seventy Two [Member] | |||
Schedule of Investments [Line Items] | |||
Investment Owned, Fair Value | [1] | $ 250,775 | |
[1] | Except for those items disclosed, no individual futures, forwards and option on futures contract position constituted greater than 1 percent of Net Asset Value. Accordingly, the number of contracts and expiration dates are not presented. | ||
[2] | 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. |
Statements of Operations
Statements of Operations - USD ($) | 1 Months Ended | 3 Months Ended | 6 Months Ended | 7 Months Ended | 12 Months Ended | |||||
Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Investment income/(loss): | ||||||||||
Interest - net | $ 585,952 | $ 1,034,549 | $ 1,121,287 | |||||||
Total Income | 585,952 | 1,034,549 | 1,121,287 | |||||||
Expenses: | ||||||||||
Incentive Fees | 2,980,696 | 5,723,374 | 11,993,289 | |||||||
Management Fees | 3,235,153 | 5,028,224 | 5,857,792 | |||||||
Risk analysis Fees | 89,265 | |||||||||
Trading Fees | 3,613,634 | 3,452,315 | 3,327,096 | |||||||
Other Fees | ||||||||||
Total Expenses | 13,505,019 | 18,513,567 | 25,535,605 | |||||||
Investment (loss) - net | (12,919,067) | (17,479,018) | (24,414,318) | |||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net change in open trade equity/(deficit) | 6,811,181 | (19,985,903) | (1,839,399) | |||||||
Trading commissions | (732,436) | (2,741,423) | (3,832,184) | |||||||
Net gain/(loss) on investments | 18,429,644 | 13,309,969 | 78,486,305 | |||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 5,510,577 | (4,169,049) | 54,071,987 | |||||||
US Treasury Securities [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | (7,709,486) | (1,146,411) | 429,638 | |||||||
Net unrealized gain/(loss) on investments | 5,181,917 | 2,972,057 | (13,833,243) | |||||||
Private Investment Companies [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | (776,630) | |||||||||
Net unrealized gain/(loss) on investments | (4,405,026) | |||||||||
Futures And Forwards [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | 4,588,561 | 34,717,764 | 56,215,423 | |||||||
Swap [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net unrealized gain/(loss) on investments | (53,113) | (3,145,177) | (14,535,358) | |||||||
Class One [Member] | ||||||||||
Expenses: | ||||||||||
Service Fees | 3,586,271 | 4,309,654 | 4,357,428 | |||||||
Equinox Frontier Diversified Fund | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | 323,854 | 603,350 | 579,067 | |||||||
Total Income | 323,854 | 603,350 | 579,067 | |||||||
Expenses: | ||||||||||
Incentive Fees | 1,144,159 | 2,068,435 | 4,461,365 | |||||||
Management Fees | 503,844 | 983,948 | 1,042,209 | |||||||
Trading Fees | 1,435,003 | 1,394,350 | 1,287,161 | |||||||
Other Fees | ||||||||||
Total Expenses | 3,330,405 | 4,859,068 | 7,289,756 | |||||||
Investment (loss) - net | (3,006,551) | (4,255,718) | (6,710,689) | |||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net change in open trade equity/(deficit) | 450,401 | 1,421,570 | ||||||||
Trading commissions | (62) | (443,692) | (543,102) | |||||||
Change in fair value of investments in unconsolidated trading companies | 3,056,293 | 841,908 | 5,136,823 | |||||||
Net gain/(loss) on investments | 4,169,841 | 11,317,997 | 27,814,644 | |||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 1,163,290 | 7,062,279 | 21,103,955 | |||||||
Less: Operations attributable to non-controlling interests | 4,476,587 | 6,816,250 | ||||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 1,163,290 | 2,585,692 | 14,287,709 | |||||||
Equinox Frontier Diversified Fund | US Treasury Securities [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | (1,794,297) | (270,582) | 84,779 | |||||||
Net unrealized gain/(loss) on investments | 990,689 | 516,327 | (2,895,653) | |||||||
Equinox Frontier Diversified Fund | Private Investment Companies [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | (277,315) | |||||||||
Net unrealized gain/(loss) on investments | (80,689) | |||||||||
Equinox Frontier Diversified Fund | Futures And Forwards [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | 8,599,684 | 15,855,703 | ||||||||
Equinox Frontier Diversified Fund | Swap [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net unrealized gain/(loss) on investments | 48,002 | (2,115,441) | (3,132,777) | |||||||
Equinox Frontier Diversified Fund | Class One [Member] | ||||||||||
Expenses: | ||||||||||
Service Fees | $ 247,399 | $ 412,335 | $ 499,021 | |||||||
Equinox Frontier Diversified Fund | Owner Class One [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 | $ 0.91 | $ 2.43 | $ 25.99 | |||||||
Equinox Frontier Diversified Fund | Owner Class Two [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 | 3.34 | 4.93 | 30.32 | |||||||
Equinox Frontier Diversified Fund | Owner Class Three [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 | $ 3.40 | $ 4.84 | $ 30.82 | |||||||
Equinox Frontier Masters Fund [Member] | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | $ 133,801 | $ 260,900 | $ 298,175 | |||||||
Total Income | 133,801 | 260,900 | 298,175 | |||||||
Expenses: | ||||||||||
Incentive Fees | 245,244 | 618,626 | 1,123,545 | |||||||
Management Fees | 452,071 | 696,963 | 903,032 | |||||||
Trading Fees | 537,884 | 579,677 | 603,389 | |||||||
Other Fees | ||||||||||
Total Expenses | 1,386,826 | 2,122,056 | 2,939,200 | |||||||
Investment (loss) - net | (1,253,025) | (1,861,156) | (2,641,025) | |||||||
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 | 1,336,408 | 1,485,938 | 6,619,189 | |||||||
Net gain/(loss) on investments | 1,745,161 | 1,398,913 | 8,093,183 | |||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 492,136 | (462,243) | 5,452,158 | |||||||
Less: Operations attributable to non-controlling interests | ||||||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 492,136 | (462,243) | 5,452,158 | |||||||
Equinox Frontier Masters Fund [Member] | US Treasury Securities [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | (73,108) | |||||||||
Net unrealized gain/(loss) on investments | (78,993) | |||||||||
Equinox Frontier Masters Fund [Member] | Private Investment Companies [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | (483,811) | (111,668) | 51,271 | |||||||
Net unrealized gain/(loss) on investments | 227,159 | 198,693 | (1,525,265) | |||||||
Equinox Frontier Masters Fund [Member] | Class One [Member] | ||||||||||
Expenses: | ||||||||||
Service Fees | $ 151,627 | $ 226,790 | $ 309,234 | |||||||
Equinox Frontier Masters Fund [Member] | Owner Class One [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 | $ (0.07) | $ (3.74) | $ 24.78 | |||||||
Equinox Frontier Masters Fund [Member] | Owner Class Two [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 | 2.18 | (1.93) | 29.07 | |||||||
Equinox Frontier Masters Fund [Member] | Owner Class Three [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 | $ 2.32 | $ (1.49) | $ 27.15 | |||||||
Equinox Frontier Long Short Commodity Fund [Member] | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | $ 21,855 | $ 141,120 | $ 216,027 | |||||||
Total Income | 21,855 | 141,120 | 216,027 | |||||||
Expenses: | ||||||||||
Incentive Fees | 46,931 | 322,090 | 253,177 | |||||||
Management Fees | 201,423 | 532,836 | 821,891 | |||||||
Trading Fees | 191,525 | 243,193 | 280,737 | |||||||
Other Fees | ||||||||||
Total Expenses | 506,768 | 1,207,403 | 1,487,941 | |||||||
Investment (loss) - net | (484,913) | (1,066,283) | (1,271,914) | |||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net change in open trade equity/(deficit) | 693,263 | 961,346 | ||||||||
Trading commissions | (1,085) | (415,315) | ||||||||
Change in fair value of investments in unconsolidated trading companies | (100,301) | 66,041 | 1,357,919 | |||||||
Net gain/(loss) on investments | 483,619 | (391,811) | 1,582,778 | |||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (1,294) | (1,458,094) | 310,864 | |||||||
Less: Operations attributable to non-controlling interests | 131,876 | (766,822) | ||||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (133,170) | (1,458,094) | 1,077,686 | |||||||
Equinox Frontier Long Short Commodity Fund [Member] | US Treasury Securities [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | (13,263) | |||||||||
Net unrealized gain/(loss) on investments | 216,197 | |||||||||
Equinox Frontier Long Short Commodity Fund [Member] | Private Investment Companies [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | (103,299) | (46,795) | 36,613 | |||||||
Net unrealized gain/(loss) on investments | (193,551) | 204,014 | (1,119,787) | |||||||
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) | (2,580,860) | ||||||||
Equinox Frontier Long Short Commodity Fund [Member] | Swap [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net unrealized gain/(loss) on investments | 111,960 | 300,633 | (1,176,515) | |||||||
Equinox Frontier Long Short Commodity Fund [Member] | Class One [Member] | ||||||||||
Expenses: | ||||||||||
Service Fees | $ 66,889 | $ 109,284 | $ 132,136 | |||||||
Equinox Frontier Long Short Commodity Fund [Member] | Owner Class Two [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 | $ (2.54) | $ (6.20) | $ 13.04 | |||||||
Equinox Frontier Long Short Commodity Fund [Member] | Owner Class Three [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 | (1.34) | (6.20) | 13.04 | |||||||
Equinox Frontier Long Short Commodity Fund [Member] | Owner Class Onea [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 | (1.98) | (6.36) | 8.39 | |||||||
Equinox Frontier Long Short Commodity Fund [Member] | Owner Class Twoa [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 | (0.52) | (5.16) | 11.01 | |||||||
Equinox Frontier Long Short Commodity Fund [Member] | Owner Class Threea [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 | $ 0.64 | $ (4.91) | $ 11.30 | |||||||
Equinox Frontier Balanced Fund [Member] | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | $ 96,270 | $ 29,151 | $ 27,454 | |||||||
Total Income | 96,270 | 29,151 | 27,454 | |||||||
Expenses: | ||||||||||
Incentive Fees | 1,395,151 | 1,707,167 | 3,620,437 | |||||||
Management Fees | 494,734 | 1,029,988 | 1,092,555 | |||||||
Risk analysis Fees | 4,844 | |||||||||
Trading Fees | 909,129 | 740,451 | 694,288 | |||||||
Other Fees | ||||||||||
Total Expenses | 4,637,078 | 5,591,382 | 7,434,719 | |||||||
Investment (loss) - net | (4,540,808) | (5,562,231) | (7,407,265) | |||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net change in open trade equity/(deficit) | (340,656) | (1,623,264) | (375,319) | |||||||
Trading commissions | (169,263) | (461,386) | (1,140,403) | |||||||
Change in fair value of investments in unconsolidated trading companies | 3,934,786 | 6,607,271 | 6,355,205 | |||||||
Net gain/(loss) on investments | 10,486,586 | 4,329,355 | 31,862,514 | |||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 5,945,778 | (1,232,876) | 24,455,249 | |||||||
Less: Operations attributable to non-controlling interests | 648,112 | 259,719 | 5,090,748 | |||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 5,297,666 | (1,492,595) | 19,364,501 | |||||||
Equinox Frontier Balanced Fund [Member] | US Treasury Securities [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | (412,944) | |||||||||
Net unrealized gain/(loss) on investments | (2,077,438) | |||||||||
Equinox Frontier Balanced Fund [Member] | Private Investment Companies [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | (2,885,429) | (411,406) | 152,688 | |||||||
Net unrealized gain/(loss) on investments | 1,874,454 | 1,350,252 | (4,748,522) | |||||||
Equinox Frontier Balanced Fund [Member] | Futures And Forwards [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | 3,778,432 | (164,986) | 14,306,201 | |||||||
Equinox Frontier Balanced Fund [Member] | Swap [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net unrealized gain/(loss) on investments | 218,070 | (910,566) | (8,124,951) | |||||||
Equinox Frontier Balanced Fund [Member] | Class One [Member] | ||||||||||
Expenses: | ||||||||||
Service Fees | $ 1,833,220 | $ 2,113,776 | $ 2,027,439 | |||||||
Equinox Frontier Balanced Fund [Member] | Owner Class One [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 | $ 6.77 | $ (3.51) | $ 25.25 | |||||||
Equinox Frontier Balanced Fund [Member] | Owner Class Two [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 | 15.30 | 0.53 | 38.67 | |||||||
Equinox Frontier Balanced Fund [Member] | Owner Class Twoa [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 | 14.17 | 1.86 | 34.22 | |||||||
Equinox Frontier Balanced Fund [Member] | Owner Class Threea [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 | 14.12 | 1.85 | 34.11 | |||||||
Equinox Frontier Balanced Fund [Member] | Owner Class Oneap [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 | $ 11.38 | $ 0.39 | $ 30.58 | |||||||
Equinox Frontier Select Fund [Member] | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | $ 1,025 | |||||||||
Total Income | 1,025 | |||||||||
Expenses: | ||||||||||
Incentive Fees | 41,072 | 158,971 | 363,142 | |||||||
Management Fees | 271,176 | 304,539 | 496,959 | |||||||
Risk analysis Fees | 14,228 | |||||||||
Trading Fees | 115,267 | 110,262 | 109,839 | |||||||
Other Fees | ||||||||||
Total Expenses | 792,796 | 968,941 | 1,364,426 | |||||||
Investment (loss) - net | (791,771) | (968,941) | (1,364,426) | |||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net change in open trade equity/(deficit) | 187,115 | (1,200,359) | ||||||||
Net realized gain/(loss) on investments | ||||||||||
Trading commissions | (135,497) | (131,806) | ||||||||
Change in fair value of investments in unconsolidated trading companies | 368,596 | 161,067 | 3,146,402 | |||||||
Net gain/(loss) on investments | 2,398,954 | 272,917 | 3,799,808 | |||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 1,607,183 | (696,024) | 2,435,382 | |||||||
Less: Operations attributable to non-controlling interests | 989,394 | 34,600 | ||||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 617,789 | (730,624) | 2,435,382 | |||||||
Equinox Frontier Select Fund [Member] | US Treasury Securities [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | (70,928) | (22,783) | 25,780 | |||||||
Net unrealized gain/(loss) on investments | 199,159 | (35,623) | (679,186) | |||||||
Equinox Frontier Select Fund [Member] | Futures And Forwards [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | 2,106,971 | 1,385,609 | ||||||||
Equinox Frontier Select Fund [Member] | Class One [Member] | ||||||||||
Expenses: | ||||||||||
Service Fees | $ 351,053 | $ 395,169 | $ 394,486 | |||||||
Equinox Frontier Select Fund [Member] | Owner Class One [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 | $ 3.71 | $ (5.26) | $ 15.75 | |||||||
Equinox Frontier Select Fund [Member] | Owner Class Two [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 | 9.14 | (3.37) | 24.34 | |||||||
Equinox Frontier Select Fund [Member] | Owner Class Oneap [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 | $ 6.88 | $ (2.54) | $ 21.29 | |||||||
Equinox Frontier Winton Fund [Member] | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | $ 7,717 | $ 28 | $ 55 | |||||||
Total Income | 7,717 | 28 | 55 | |||||||
Expenses: | ||||||||||
Incentive Fees | 99,067 | 715,409 | 1,800,488 | |||||||
Management Fees | 1,069,141 | 1,199,380 | 1,172,990 | |||||||
Risk analysis Fees | 70,193 | |||||||||
Trading Fees | 320,680 | 288,023 | 263,069 | |||||||
Total Expenses | 2,240,389 | 2,967,166 | 3,960,912 | |||||||
Investment (loss) - net | (2,232,672) | (2,967,138) | (3,960,857) | |||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net change in open trade equity/(deficit) | 466,267 | (2,127,402) | ||||||||
Trading commissions | (85,587) | (45,180) | ||||||||
Change in fair value of investments in unconsolidated trading companies | (180,413) | 557,550 | 10,414,573 | |||||||
Net gain/(loss) on investments | 1,071,349 | 1,380,625 | 12,603,511 | |||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (1,161,323) | (1,586,513) | 8,642,654 | |||||||
Less: Operations attributable to non-controlling interests | 464,175 | 574,125 | ||||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (1,625,497) | (2,160,638) | 8,642,654 | |||||||
Equinox Frontier Winton Fund [Member] | US Treasury Securities [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | (1,975,992) | (230,502) | 59,132 | |||||||
Net unrealized gain/(loss) on investments | 1,697,773 | 600,814 | (2,248,070) | |||||||
Equinox Frontier Winton Fund [Member] | Futures And Forwards [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | 592,863 | 3,365,969 | ||||||||
Equinox Frontier Winton Fund [Member] | Class One [Member] | ||||||||||
Expenses: | ||||||||||
Service Fees | $ 681,308 | $ 764,354 | $ 724,365 | |||||||
Equinox Frontier Winton Fund [Member] | Owner Class One [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 | $ (9.66) | $ (11.78) | $ 36.36 | |||||||
Equinox Frontier Winton Fund [Member] | Owner Class Two [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 | (6.53) | (8.72) | 52.06 | |||||||
Equinox Frontier Winton Fund [Member] | Owner Class Oneap [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 | $ (5.14) | $ (6.87) | $ 39.25 | |||||||
Equinox Frontier Heritage Fund [Member] | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | $ 1,430 | $ 1 | $ 1 | |||||||
Total Income | 1,430 | 1 | 1 | |||||||
Expenses: | ||||||||||
Incentive Fees | 9,072 | 132,676 | 370,450 | |||||||
Management Fees | 242,764 | 280,570 | 327,702 | |||||||
Risk analysis Fees | ||||||||||
Trading Fees | 104,146 | 96,359 | 88,113 | |||||||
Total Expenses | 610,757 | 797,551 | 1,056,664 | |||||||
Investment (loss) - net | (609,327) | (797,550) | (1,056,663) | |||||||
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 | 91,166 | 220,267 | 2,137,441 | |||||||
Net gain/(loss) on investments | 524,782 | 555,165 | 4,838,618 | |||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (84,545) | (242,385) | 3,781,955 | |||||||
Less: Operations attributable to non-controlling interests | 217,092 | 208,163 | 969,107 | |||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (301,637) | (450,548) | 2,812,848 | |||||||
Equinox Frontier Heritage Fund [Member] | US Treasury Securities [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | (395,730) | (52,675) | 19,370 | |||||||
Net unrealized gain/(loss) on investments | 386,234 | 137,580 | (615,266) | |||||||
Equinox Frontier Heritage Fund [Member] | Swap [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net unrealized gain/(loss) on investments | (431,146) | (419,803) | (2,105,281) | |||||||
Equinox Frontier Heritage Fund [Member] | Class One [Member] | ||||||||||
Expenses: | ||||||||||
Service Fees | $ 254,775 | $ 287,946 | $ 270,399 | |||||||
Equinox Frontier Heritage Fund [Member] | Owner Class One [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 | $ (4.69) | $ (6.01) | $ 28.23 | |||||||
Equinox Frontier Heritage Fund [Member] | Owner Class Two [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 | (1.44) | (3.02) | 42.35 | |||||||
Equinox Frontier Heritage Fund [Member] | Owner Class Oneap [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 | $ (1.07) | $ (2.26) | $ 33.13 | |||||||
Frontier Trading Company I, LLC | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | $ (909) | $ (21,709) | $ (22,159) | |||||||
Total Income | (909) | (21,709) | (22,159) | |||||||
Expenses: | ||||||||||
Risk analysis Fees | (4,806) | |||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net change in open trade equity/(deficit) | (518,190) | (1,192,808) | 52,362 | |||||||
Trading commissions | (593,636) | (816,237) | (661,478) | |||||||
Net gain/(loss) on investments | 3,854,905 | 9,648,212 | 18,188,067 | |||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 3,853,996 | 9,626,503 | 18,165,908 | |||||||
Frontier Trading Company I, LLC | Futures And Forwards [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | 4,710,217 | 11,657,257 | 18,797,185 | |||||||
Frontier Trading Company I, LLC | Swap [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | ||||||||||
Net unrealized gain/(loss) on investments | 261,320 | |||||||||
Frontier Trading Company II, LLC | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | 8,302 | 2,691 | 5,359 | |||||||
Total Income | 8,302 | 2,691 | 5,359 | |||||||
Expenses: | ||||||||||
Risk analysis Fees | (70,193) | |||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net change in open trade equity/(deficit) | 521,236 | (2,873,705) | (848,009) | |||||||
Trading commissions | (86,425) | (106,923) | (123,412) | |||||||
Net gain/(loss) on investments | 983,096 | 3,939,706 | 21,523,581 | |||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 991,398 | 3,942,397 | 21,528,940 | |||||||
Frontier Trading Company II, LLC | Futures And Forwards [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | 618,478 | 6,920,334 | 22,495,002 | |||||||
Frontier Trading Company Vii Llc [Member] | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | 1,819 | (1,377) | (1,858) | |||||||
Total Income | 1,819 | (1,377) | (1,858) | |||||||
Expenses: | ||||||||||
Risk analysis Fees | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net change in open trade equity/(deficit) | 6,482,648 | (12,031,602) | 3,660,410 | |||||||
Trading commissions | (259,227) | (1,081,917) | (1,264,512) | |||||||
Net gain/(loss) on investments | 4,698,556 | 4,222,090 | (556,160) | |||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 4,700,375 | 4,220,713 | (558,018) | |||||||
Frontier Trading Company Vii Llc [Member] | Futures And Forwards [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | (1,479,588) | 17,335,609 | (2,952,658) | |||||||
Frontier Trading Company Vii Llc [Member] | Swap [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net unrealized gain/(loss) on investments | 45,277 | |||||||||
Frontier Trading Company Xiv Llc [Member] | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | 1,437 | (257) | (16,316) | |||||||
Total Income | 1,437 | (257) | (16,316) | |||||||
Expenses: | ||||||||||
Risk analysis Fees | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net change in open trade equity/(deficit) | (34,485) | (990,384) | 318,685 | |||||||
Trading commissions | (39,648) | (123,168) | (909,921) | |||||||
Net gain/(loss) on investments | 1,045,362 | (985,354) | 4,560,641 | |||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 1,046,799 | (985,611) | 4,544,325 | |||||||
Frontier Trading Company Xiv Llc [Member] | Futures And Forwards [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | 1,119,495 | 128,198 | 5,151,877 | |||||||
Frontier Trading Company XV, LLC | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | 1,591 | 833 | (2,617) | |||||||
Total Income | 1,591 | 833 | (2,617) | |||||||
Expenses: | ||||||||||
Risk analysis Fees | (14,228) | |||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net change in open trade equity/(deficit) | 200,590 | (1,196,577) | (2,428,123) | |||||||
Trading commissions | (130,601) | (131,746) | (351,072) | |||||||
Net gain/(loss) on investments | 2,147,805 | 56,934 | 2,879,673 | |||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 2,149,396 | 57,767 | 2,877,056 | |||||||
Frontier Trading Company XV, LLC | Futures And Forwards [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | 2,092,044 | 1,385,257 | 4,680,757 | |||||||
Frontier Trading Company XV, LLC | Swap [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | ||||||||||
Net unrealized gain/(loss) on investments | (14,228) | |||||||||
Frontier Trading Company XXIII, LLC | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | (7,014) | (17,219) | (12,365) | |||||||
Total Income | (7,014) | (17,219) | (12,365) | |||||||
Expenses: | ||||||||||
Risk analysis Fees | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net change in open trade equity/(deficit) | 27,706 | (921,311) | 825,760 | |||||||
Trading commissions | (95,575) | (208,033) | (164,440) | |||||||
Net gain/(loss) on investments | 1,958,686 | 853,335 | 7,490,667 | |||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 1,951,672 | 836,116 | 7,478,302 | |||||||
Frontier Trading Company XXIII, LLC | Futures And Forwards [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | 2,026,555 | 1,982,679 | 6,829,347 | |||||||
Frontier Trading Company Xxix Llc [Member] | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | 235 | (751) | 23 | |||||||
Total Income | 235 | (751) | 23 | |||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net change in open trade equity/(deficit) | (4,750) | 284,591 | (279,840) | |||||||
Trading commissions | (4,144) | (60,831) | (8,380) | |||||||
Net gain/(loss) on investments | 134,189 | (1,588,148) | (598,478) | |||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 134,424 | (1,588,899) | (598,455) | |||||||
Frontier Trading Company Xxix Llc [Member] | Futures And Forwards [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | 1,119,495 | 128,198 | 5,151,877 | |||||||
Frontier Trading Company Xxxiv Llc [Member] | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | (3,610) | (6,498) | ||||||||
Total Income | (3,610) | (6,498) | ||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net change in open trade equity/(deficit) | ||||||||||
Change in fair value of investments in unconsolidated trading companies | (69,341) | (141,075) | ||||||||
Net gain/(loss) on investments | (218,073) | 377,623 | 5,919,377 | |||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (218,073) | 374,013 | 5,912,879 | |||||||
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) | (2,060,335) | ||||||||
Frontier Trading Company Xxxiv Llc [Member] | Swap [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net unrealized gain/(loss) on investments | (218,073) | 910,567 | 8,120,787 | |||||||
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) | ||||||||||
Change in fair value of investments in unconsolidated trading companies | ||||||||||
Net gain/(loss) on investments | (48,003) | 2,115,441 | 3,132,777 | |||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (48,003) | 2,115,441 | 3,132,777 | |||||||
Frontier Trading Company Xxxv Llc [Member] | Swap [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net unrealized gain/(loss) on investments | (48,003) | 2,115,441 | 3,132,777 | |||||||
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) | ||||||||||
Change in fair value of investments in unconsolidated trading companies | ||||||||||
Net gain/(loss) on investments | (111,959) | (300,633) | 1,176,515 | |||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (111,959) | (300,633) | 1,176,515 | |||||||
Frontier Trading Company Xxxvii Llc [Member] | Swap [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net unrealized gain/(loss) on investments | (111,959) | 699,367 | 1,176,515 | |||||||
Frontier Trading Company XXXVIII, LLC | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | 790 | (1,607) | (2,576) | |||||||
Total Income | 790 | (1,607) | (2,576) | |||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net change in open trade equity/(deficit) | (79,619) | (1,064,164) | (2,151,473) | |||||||
Change in fair value of investments in unconsolidated trading companies | (76,901) | (143,158) | (204,324) | |||||||
Net gain/(loss) on investments | (2,414,137) | (3,623,381) | (739,272) | |||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (2,413,347) | (3,624,988) | (741,848) | |||||||
Frontier Trading Company XXXVIII, LLC | Private Investment Companies [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net unrealized gain/(loss) on investments | 2,384,103 | |||||||||
Frontier Trading Company XXXVIII, LLC | Futures And Forwards [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net realized gain/(loss) on investments | (4,641,720) | (2,416,059) | 1,616,525 | |||||||
Frontier Trading Company XXXIX, LLC | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | ||||||||||
Total Income | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net change in open trade equity/(deficit) | ||||||||||
Change in fair value of investments in unconsolidated trading companies | (7,000) | (3,500) | ||||||||
Net gain/(loss) on investments | 431,145 | 419,803 | 2,105,282 | |||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 431,145 | 419,803 | 2,105,282 | |||||||
Frontier Trading Company XXXIX, LLC | Swap [Member] | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net unrealized gain/(loss) on investments | 438,145 | $ 419,803 | $ 2,108,782 | |||||||
Galaxy Plus ADG Master Fund | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | $ 11,762 | |||||||||
Total Income | 11,762 | |||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net unrealized gain/(loss) on investments | 543,464 | |||||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | $ 543,385 | |||||||||
Galaxy Plus Aspect Master Fund | ||||||||||
Expenses: | ||||||||||
Investment (loss) - net | ||||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net unrealized gain/(loss) on investments | (86,651) | |||||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | $ (372,859) | |||||||||
Galaxy Plus Chesapeake Master Fund | ||||||||||
Expenses: | ||||||||||
Total Expenses | $ 6,758 | |||||||||
Investment (loss) - net | 6,758 | |||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net unrealized gain/(loss) on investments | 409,456 | |||||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | $ (21,037) | |||||||||
Galaxy Plus Master Fort | ||||||||||
Expenses: | ||||||||||
Total Expenses | 21 | |||||||||
Investment (loss) - net | 21 | |||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net unrealized gain/(loss) on investments | (840,031) | |||||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (1,018,280) | |||||||||
Galaxy Plus QIM Master Fund | ||||||||||
Expenses: | ||||||||||
Total Expenses | $ 6,967 | |||||||||
Investment (loss) - net | (6,967) | |||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net unrealized gain/(loss) on investments | 6,004,016 | |||||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | $ 6,322,833 | |||||||||
Galaxy Plus Quantmetrics Master Fund | ||||||||||
Expenses: | ||||||||||
Total Expenses | $ 2,843 | |||||||||
Investment (loss) - net | (2,843) | |||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net unrealized gain/(loss) on investments | (293,244) | |||||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | $ (295,265) | |||||||||
Galaxy Plus Quest Master Fund | ||||||||||
Expenses: | ||||||||||
Total Expenses | $ 4,008 | |||||||||
Investment (loss) - net | (4,008) | |||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net unrealized gain/(loss) on investments | (1,753,745) | |||||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | $ (1,548,166) | |||||||||
Galaxy Plus Quest Fit Master Fund | ||||||||||
Expenses: | ||||||||||
Total Expenses | $ 2,085 | |||||||||
Investment (loss) - net | (2,085) | |||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
Net unrealized gain/(loss) on investments | 2,303,603 | |||||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | $ 2,435,659 | |||||||||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 510 Series | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | (21) | |||||||||
Total Income | (21) | |||||||||
Expenses: | ||||||||||
Incentive Fees | 144,254 | |||||||||
Management Fees | 183,564 | |||||||||
Total Expenses | 365,584 | |||||||||
Investment (loss) - net | (365,605) | |||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (1,383,864) | |||||||||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 516 Series | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | ||||||||||
Total Income | ||||||||||
Expenses: | ||||||||||
Incentive Fees | 411,343 | |||||||||
Management Fees | 313,384 | |||||||||
Total Expenses | 770,626 | |||||||||
Investment (loss) - net | (770,626) | |||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 1,910,259 | |||||||||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 517 Series | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | (4,008) | |||||||||
Total Income | (4,008) | |||||||||
Expenses: | ||||||||||
Incentive Fees | ||||||||||
Management Fees | 62,579 | |||||||||
Total Expenses | 79,448 | |||||||||
Investment (loss) - net | (83,456) | |||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (1,627,614) | |||||||||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 518 Series | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | (6,758) | |||||||||
Total Income | (6,758) | |||||||||
Expenses: | ||||||||||
Incentive Fees | 92,986 | |||||||||
Management Fees | 206,132 | |||||||||
Total Expenses | 324,183 | |||||||||
Investment (loss) - net | (330,941) | |||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (345,220) | |||||||||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 522 Series | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | ||||||||||
Total Income | ||||||||||
Expenses: | ||||||||||
Incentive Fees | 93,653 | |||||||||
Management Fees | 246,656 | |||||||||
Total Expenses | 373,967 | |||||||||
Investment (loss) - net | (373,967) | |||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 328,247 | |||||||||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 526 Series | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | (6,967) | |||||||||
Total Income | (6,967) | |||||||||
Expenses: | ||||||||||
Incentive Fees | 1,533,714 | |||||||||
Management Fees | 192,167 | |||||||||
Total Expenses | 1,778,199 | |||||||||
Investment (loss) - net | (1,785,166) | |||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 4,544,634 | |||||||||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 527 Series | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | (2,843) | |||||||||
Total Income | (2,843) | |||||||||
Expenses: | ||||||||||
Incentive Fees | ||||||||||
Management Fees | 161,651 | |||||||||
Total Expenses | 204,424 | |||||||||
Investment (loss) - net | (207,267) | |||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (499,689) | |||||||||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 528 Series | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | ||||||||||
Total Income | ||||||||||
Expenses: | ||||||||||
Incentive Fees | 52,658 | |||||||||
Management Fees | 34,794 | |||||||||
Total Expenses | 99,104 | |||||||||
Investment (loss) - net | (99,104) | |||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 190,525 | |||||||||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 532 Series | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | ||||||||||
Total Income | ||||||||||
Expenses: | ||||||||||
Incentive Fees | ||||||||||
Management Fees | 5,148 | |||||||||
Total Expenses | 6,911 | |||||||||
Investment (loss) - net | (6,911) | |||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (379,770) | |||||||||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 535 Series | ||||||||||
Investment income/(loss): | ||||||||||
Interest - net | (2,085) | |||||||||
Total Income | (2,085) | |||||||||
Expenses: | ||||||||||
Incentive Fees | ||||||||||
Management Fees | 31,484 | |||||||||
Total Expenses | 52,255 | |||||||||
Investment (loss) - net | (54,340) | |||||||||
Realized and unrealized gain/(loss) on investments: | ||||||||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | $ 2,383,404 |
Statements of Changes in Owners
Statements of Changes in Owners' Capital - USD ($) | 12 Months Ended | ||||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |||
Equinox Frontier Diversified Fund | Class One [Member] | Managing Owner [Member] | |||||
Owners' Capital, Beginning balance | $ 23,953 | ||||
Sale of Units | |||||
Redemption of Units | (23,159) | ||||
Transfer of Units In(Out) | |||||
Change in control of ownership - Trading Companies | |||||
Payment made by the Managing Owner | |||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | (794) | ||||
Owners' Capital, Ending balance | |||||
Owners' Capital - Units, Beginning balance | |||||
Owners' Capital - Units, Sale of Units | |||||
Owners' Capital - Units, Redemption of Units | |||||
Owners' Capital - Units, Ending balance | |||||
Equinox Frontier Diversified Fund | Class One [Member] | Limited Owners [Member] | |||||
Owners' Capital, Beginning balance | $ 11,814,234 | $ 19,195,036 | $ 28,720,094 | ||
Sale of Units | 560,094 | 1,849,550 | 954,684 | ||
Redemption of Units | (1,914,393) | (10,085,317) | (14,916,417) | ||
Transfer of Units In(Out) | (5,531,885) | ||||
Change in control of ownership - Trading Companies | |||||
Payment made by the Managing Owner | 47,134 | ||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | 261,370 | 807,831 | 4,436,675 | ||
Owners' Capital, Ending balance | $ 5,189,420 | $ 11,814,234 | $ 19,195,036 | ||
Owners' Capital - Units, Beginning balance | 102,269 | 169,725 | 329,730 | ||
Owners' Capital - Units, Sale of Units | 4,688 | 15,495 | 10,369 | ||
Owners' Capital - Units, Redemption of Units | (62,388) | (82,951) | (170,374) | ||
Owners' Capital - Units, Ending balance | 44,569 | 102,269 | 169,725 | ||
Net asset value per unit, Beginning balance | $ 115.52 | $ 113.09 | $ 87.1 | ||
Change in net asset value per unit for the period | 0.91 | 2.43 | 25.99 | ||
Net asset value per unit, Ending balance | $ 116.43 | $ 115.52 | $ 113.09 | ||
Equinox Frontier Diversified Fund | Class Two [Member] | Managing Owner [Member] | |||||
Owners' Capital, Beginning balance | $ 2,616,258 | $ 2,516,879 | $ 1,904,782 | ||
Sale of Units | |||||
Redemption of Units | (2,223,584) | ||||
Transfer of Units In(Out) | |||||
Change in control of ownership - Trading Companies | |||||
Payment made by the Managing Owner | |||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | 67,522 | 99,379 | 612,097 | ||
Owners' Capital, Ending balance | $ 460,196 | $ 2,616,258 | $ 2,516,879 | ||
Owners' Capital - Units, Beginning balance | 20,188 | 20,188 | 20,188 | ||
Owners' Capital - Units, Sale of Units | |||||
Owners' Capital - Units, Redemption of Units | (16,726) | ||||
Owners' Capital - Units, Ending balance | 3,462 | 20,188 | 20,188 | ||
Equinox Frontier Diversified Fund | Class Two [Member] | Limited Owners [Member] | |||||
Owners' Capital, Beginning balance | $ 32,016,842 | $ 32,707,413 | $ 32,810,209 | ||
Sale of Units | 8,879,067 | 4,193,326 | 695,759 | ||
Redemption of Units | (3,814,721) | (6,595,532) | (8,646,009) | ||
Transfer of Units In(Out) | |||||
Change in control of ownership - Trading Companies | |||||
Payment made by the Managing Owner | 82,416 | ||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | 690,197 | 1,629,219 | 7,847,454 | ||
Owners' Capital, Ending balance | $ 37,771,385 | $ 32,016,842 | $ 32,707,413 | ||
Owners' Capital - Units, Beginning balance | 247,052 | 262,346 | 347,739 | ||
Owners' Capital - Units, Sale of Units | 55,161 | 31,914 | 6,902 | ||
Owners' Capital - Units, Redemption of Units | (18,089) | (47,208) | (92,295) | ||
Owners' Capital - Units, Ending balance | 284,124 | 247,052 | 262,346 | ||
Net asset value per unit, Beginning balance | $ 129.6 | [1] | $ 124.67 | $ 94.35 | |
Change in net asset value per unit for the period | 3.34 | [1] | 4.93 | 30.32 | |
Net asset value per unit, Ending balance | $ 132.94 | [1] | $ 129.6 | [1] | $ 124.67 |
Equinox Frontier Diversified Fund | Class Three [Member] | Managing Owner [Member] | |||||
Owners' Capital, Beginning balance | $ 32,964 | $ 31,632 | |||
Sale of Units | 23,159 | ||||
Redemption of Units | |||||
Transfer of Units In(Out) | |||||
Change in control of ownership - Trading Companies | |||||
Payment made by the Managing Owner | |||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | 935 | 1,332 | 8,473 | ||
Owners' Capital, Ending balance | $ 33,899 | $ 32,964 | $ 31,632 | ||
Owners' Capital - Units, Beginning balance | 275 | 275 | |||
Owners' Capital - Units, Sale of Units | 275 | ||||
Owners' Capital - Units, Redemption of Units | |||||
Owners' Capital - Units, Ending balance | 275 | 275 | 275 | ||
Equinox Frontier Diversified Fund | Class Three [Member] | Limited Owners [Member] | |||||
Owners' Capital, Beginning balance | $ 9,234,668 | $ 5,556,649 | |||
Sale of Units | 797,382 | 6,490,334 | 5,610,324 | ||
Redemption of Units | (2,690,710) | (2,875,045) | (1,437,479) | ||
Transfer of Units In(Out) | 5,531,885 | ||||
Change in control of ownership - Trading Companies | |||||
Payment made by the Managing Owner | 14,799 | ||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | 143,266 | 47,931 | 1,383,804 | ||
Owners' Capital, Ending balance | $ 13,016,491 | $ 9,234,668 | $ 5,556,649 | ||
Owners' Capital - Units, Beginning balance | 77,041 | 48,308 | |||
Owners' Capital - Units, Sale of Units | 50,540 | 51,978 | 62,999 | ||
Owners' Capital - Units, Redemption of Units | (21,987) | (23,245) | (14,691) | ||
Owners' Capital - Units, Ending balance | 105,594 | 77,041 | 48,308 | ||
Net asset value per unit, Beginning balance | $ 119.87 | [1] | $ 115.03 | $ 84.21 | |
Change in net asset value per unit for the period | 3.4 | [1] | 4.84 | 30.82 | |
Net asset value per unit, Ending balance | $ 123.27 | [1] | $ 119.87 | [1] | $ 115.03 |
Equinox Frontier Masters Fund [Member] | Class One [Member] | Limited Owners [Member] | |||||
Owners' Capital, Beginning balance | $ 8,323,800 | $ 11,850,911 | $ 23,115,495 | ||
Sale of Units | 125,188 | 2,092,649 | 574,921 | ||
Redemption of Units | (1,368,307) | (5,299,823) | (14,142,871) | ||
Transfer of Units In(Out) | (1,835,158) | ||||
Change in control of ownership - Trading Companies | |||||
Change in control of ownership - Private investment companies | |||||
Payment made by the Managing Owner | |||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | 116,103 | (319,937) | 2,303,366 | ||
Owners' Capital, Ending balance | $ 5,361,626 | $ 8,323,800 | $ 11,850,911 | ||
Owners' Capital - Units, Beginning balance | 73,747 | 101,632 | 251,718 | ||
Owners' Capital - Units, Sale of Units | 1,044 | 17,886 | 5,990 | ||
Owners' Capital - Units, Redemption of Units | (27,261) | (45,771) | (156,076) | ||
Owners' Capital - Units, Ending balance | 47,530 | 73,747 | 101,632 | ||
Net asset value per unit, Beginning balance | $ 112.87 | $ 116.61 | $ 91.83 | ||
Change in net asset value per unit for the period | (0.07) | (3.74) | 24.78 | ||
Net asset value per unit, Ending balance | $ 112.8 | $ 112.87 | $ 116.61 | ||
Equinox Frontier Masters Fund [Member] | Class Two [Member] | Managing Owner [Member] | |||||
Owners' Capital, Beginning balance | $ 712,391 | $ 723,207 | $ 559,668 | ||
Sale of Units | |||||
Redemption of Units | (387,936) | ||||
Transfer of Units In(Out) | |||||
Change in control of ownership - Trading Companies | |||||
Change in control of ownership - Private investment companies | |||||
Payment made by the Managing Owner | |||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | 12,236 | (10,816) | 163,539 | ||
Owners' Capital, Ending balance | $ 336,691 | $ 712,391 | $ 723,207 | ||
Owners' Capital - Units, Beginning balance | 5,627 | 5,627 | 5,627 | ||
Owners' Capital - Units, Sale of Units | |||||
Owners' Capital - Units, Redemption of Units | (3,012) | ||||
Owners' Capital - Units, Ending balance | 2,615 | 5,627 | 5,627 | ||
Equinox Frontier Masters Fund [Member] | Class Two [Member] | Limited Owners [Member] | |||||
Owners' Capital, Beginning balance | $ 7,180,967 | $ 8,145,536 | $ 9,846,494 | ||
Sale of Units | 157,500 | 174,300 | 35,000 | ||
Redemption of Units | (2,204,970) | (1,041,711) | (3,624,212) | ||
Transfer of Units In(Out) | |||||
Change in control of ownership - Trading Companies | |||||
Change in control of ownership - Private investment companies | |||||
Payment made by the Managing Owner | |||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | 187,374 | (97,158) | 1,888,254 | ||
Owners' Capital, Ending balance | $ 5,320,871 | $ 7,180,967 | $ 8,145,536 | ||
Owners' Capital - Units, Beginning balance | 56,720 | 63,376 | 98,997 | ||
Owners' Capital - Units, Sale of Units | 1,216 | 1,377 | 364 | ||
Owners' Capital - Units, Redemption of Units | (16,618) | (8,033) | (35,985) | ||
Owners' Capital - Units, Ending balance | 41,318 | 56,720 | 63,376 | ||
Net asset value per unit, Beginning balance | $ 126.6 | [1] | $ 128.53 | $ 99.46 | |
Change in net asset value per unit for the period | 2.18 | [1] | (1.93) | 29.07 | |
Net asset value per unit, Ending balance | $ 128.78 | [1] | $ 126.6 | [1] | $ 128.53 |
Equinox Frontier Masters Fund [Member] | Class Three [Member] | Managing Owner [Member] | |||||
Owners' Capital, Beginning balance | $ 32,332 | $ 32,741 | $ 223,853 | ||
Sale of Units | |||||
Redemption of Units | |||||
Transfer of Units In(Out) | |||||
Change in control of ownership - Trading Companies | |||||
Change in control of ownership - Private investment companies | |||||
Payment made by the Managing Owner | |||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | 638 | (409) | (191,112) | ||
Owners' Capital, Ending balance | $ 32,970 | $ 32,332 | $ 32,741 | ||
Owners' Capital - Units, Beginning balance | 275 | 275 | 275 | ||
Owners' Capital - Units, Sale of Units | |||||
Owners' Capital - Units, Redemption of Units | |||||
Owners' Capital - Units, Ending balance | 275 | 275 | 275 | ||
Equinox Frontier Masters Fund [Member] | Class Three [Member] | Limited Owners [Member] | |||||
Owners' Capital, Beginning balance | $ 6,578,809 | $ 4,955,459 | $ 25,274 | ||
Sale of Units | 3,820,000 | 5,049,885 | |||
Redemption of Units | (2,472,603) | (2,162,727) | (1,407,811) | ||
Transfer of Units In(Out) | 1,835,158 | ||||
Change in control of ownership - Trading Companies | |||||
Change in control of ownership - Private investment companies | |||||
Payment made by the Managing Owner | |||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | 175,785 | (33,923) | 1,288,111 | ||
Owners' Capital, Ending balance | $ 6,117,149 | $ 6,578,809 | $ 4,955,459 | ||
Owners' Capital - Units, Beginning balance | 55,955 | 41,622 | 2,436 | ||
Owners' Capital - Units, Sale of Units | 14,898 | 32,012 | 53,790 | ||
Owners' Capital - Units, Redemption of Units | (19,831) | (17,679) | (14,604) | ||
Owners' Capital - Units, Ending balance | 51,022 | 55,955 | 41,622 | ||
Net asset value per unit, Beginning balance | $ 117.57 | [1] | $ 119.06 | $ 91.91 | |
Change in net asset value per unit for the period | 2.32 | [1] | (1.49) | 27.15 | |
Net asset value per unit, Ending balance | $ 119.89 | [1] | $ 117.57 | [1] | $ 119.06 |
Equinox Frontier Long Short Commodity Fund [Member] | Class Two [Member] | Managing Owner [Member] | |||||
Owners' Capital, Beginning balance | $ 407,255 | $ 426,377 | $ 386,171 | ||
Sale of Units | |||||
Redemption of Units | (100,160) | ||||
Transfer of Units In(Out) | |||||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | (7,206) | (19,122) | 40,206 | ||
Owners' Capital, Ending balance | $ 299,889 | $ 407,255 | $ 426,377 | ||
Owners' Capital - Units, Beginning balance | 3,083 | 3,083 | 3,083 | ||
Owners' Capital - Units, Sale of Units | |||||
Owners' Capital - Units, Redemption of Units | (767) | ||||
Owners' Capital - Units, Ending balance | 2,316 | 3,083 | 3,083 | ||
Equinox Frontier Long Short Commodity Fund [Member] | Class Two [Member] | Limited Owners [Member] | |||||
Owners' Capital, Beginning balance | $ 586,345 | $ 820,104 | $ 2,985,627 | ||
Sale of Units | |||||
Redemption of Units | (67,136) | (226,318) | (2,130,879) | ||
Transfer of Units In(Out) | |||||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Payment made by the Managing Owner | 69,364 | ||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | (10,735) | (76,805) | (34,644) | ||
Owners' Capital, Ending balance | $ 508,474 | $ 586,345 | $ 820,104 | ||
Owners' Capital - Units, Beginning balance | 4,439 | 5,930 | 23,835 | ||
Owners' Capital - Units, Sale of Units | |||||
Owners' Capital - Units, Redemption of Units | (515) | (1,491) | (17,905) | ||
Owners' Capital - Units, Ending balance | 3,924 | 4,439 | 5,930 | ||
Net asset value per unit, Beginning balance | $ 132.1 | [1] | $ 138.3 | $ 125.26 | |
Change in net asset value per unit for the period | (2.54) | [1] | (6.20) | 13.04 | |
Net asset value per unit, Ending balance | $ 129.56 | [1] | $ 132.1 | [1] | $ 138.3 |
Equinox Frontier Long Short Commodity Fund [Member] | Class Three [Member] | Limited Owners [Member] | |||||
Owners' Capital, Beginning balance | $ 5,906,669 | $ 7,233,099 | $ 9,619,596 | ||
Sale of Units | |||||
Redemption of Units | (1,457,594) | (1,101,195) | (2,978,679) | ||
Transfer of Units In(Out) | |||||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Payment made by the Managing Owner | 397,940 | ||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | (43,212) | (623,175) | 592,182 | ||
Owners' Capital, Ending balance | $ 4,405,863 | $ 5,906,669 | $ 7,233,099 | ||
Owners' Capital - Units, Beginning balance | 44,702 | 52,285 | 76,774 | ||
Owners' Capital - Units, Sale of Units | |||||
Owners' Capital - Units, Redemption of Units | (11,017) | (7,583) | (24,489) | ||
Owners' Capital - Units, Ending balance | 33,685 | 44,702 | 52,285 | ||
Net asset value per unit, Beginning balance | $ 132.14 | $ 138.34 | $ 125.3 | ||
Change in net asset value per unit for the period | (1.34) | (6.20) | 13.04 | ||
Net asset value per unit, Ending balance | $ 130.8 | $ 132.14 | $ 138.34 | ||
Equinox Frontier Long Short Commodity Fund [Member] | Class Onea [Member] | Limited Owners [Member] | |||||
Owners' Capital, Beginning balance | $ 4,053,754 | $ 5,776,906 | $ 8,752,826 | ||
Sale of Units | 67,800 | 107,716 | |||
Redemption of Units | (1,858,010) | (1,587,283) | (3,407,382) | ||
Transfer of Units In(Out) | (220,002) | ||||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Payment made by the Managing Owner | 312,393 | ||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | (62,147) | (516,062) | 323,746 | ||
Owners' Capital, Ending balance | $ 1,913,595 | $ 4,053,754 | $ 5,776,906 | ||
Owners' Capital - Units, Beginning balance | 42,778 | 57,130 | 94,391 | ||
Owners' Capital - Units, Sale of Units | 648 | 1,292 | |||
Owners' Capital - Units, Redemption of Units | (22,150) | (15,000) | (38,553) | ||
Owners' Capital - Units, Ending balance | 20,628 | 42,778 | 57,130 | ||
Net asset value per unit, Beginning balance | $ 94.76 | $ 101.12 | $ 92.73 | ||
Change in net asset value per unit for the period | (1.98) | (6.36) | 8.39 | ||
Net asset value per unit, Ending balance | $ 92.78 | $ 94.76 | $ 101.12 | ||
Equinox Frontier Long Short Commodity Fund [Member] | Class Twoa [Member] | Managing Owner [Member] | |||||
Owners' Capital, Beginning balance | $ 235,971 | $ 247,434 | $ 222,971 | ||
Sale of Units | |||||
Redemption of Units | |||||
Transfer of Units In(Out) | |||||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | (1,229) | (11,463) | 24,463 | ||
Owners' Capital, Ending balance | $ 234,742 | $ 235,971 | $ 247,434 | ||
Owners' Capital - Units, Beginning balance | 2,222 | 2,222 | 2,222 | ||
Owners' Capital - Units, Sale of Units | |||||
Owners' Capital - Units, Redemption of Units | |||||
Owners' Capital - Units, Ending balance | 2,222 | 2,222 | 2,222 | ||
Equinox Frontier Long Short Commodity Fund [Member] | Class Twoa [Member] | Limited Owners [Member] | |||||
Owners' Capital, Beginning balance | $ 1,051,694 | $ 1,455,117 | $ 2,880,434 | ||
Sale of Units | 29,300 | ||||
Redemption of Units | (314,992) | (402,748) | (1,485,154) | ||
Transfer of Units In(Out) | |||||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Payment made by the Managing Owner | 90,860 | ||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | (8,249) | (120,835) | 59,837 | ||
Owners' Capital, Ending balance | $ 728,453 | $ 1,051,694 | $ 1,455,117 | ||
Owners' Capital - Units, Beginning balance | 9,905 | 13,069 | 28,708 | ||
Owners' Capital - Units, Sale of Units | 276 | ||||
Owners' Capital - Units, Redemption of Units | (3,012) | (3,440) | (15,639) | ||
Owners' Capital - Units, Ending balance | 6,893 | 9,905 | 13,069 | ||
Net asset value per unit, Beginning balance | $ 106.19 | [1] | $ 111.35 | $ 100.34 | |
Change in net asset value per unit for the period | (0.52) | [1] | (5.16) | 11.01 | |
Net asset value per unit, Ending balance | $ 105.67 | [1] | $ 106.19 | [1] | $ 111.35 |
Equinox Frontier Long Short Commodity Fund [Member] | Class Threea [Member] | Managing Owner [Member] | |||||
Owners' Capital, Beginning balance | $ 11,690 | $ 12,228 | $ 10,991 | ||
Sale of Units | |||||
Redemption of Units | |||||
Transfer of Units In(Out) | |||||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | 25 | (538) | 1,237 | ||
Owners' Capital, Ending balance | $ 11,715 | $ 11,690 | $ 12,228 | ||
Owners' Capital - Units, Beginning balance | 109 | 109 | 109 | ||
Owners' Capital - Units, Sale of Units | |||||
Owners' Capital - Units, Redemption of Units | |||||
Owners' Capital - Units, Ending balance | 109 | 109 | 109 | ||
Equinox Frontier Long Short Commodity Fund [Member] | Class Threea [Member] | Limited Owners [Member] | |||||
Owners' Capital, Beginning balance | $ 839,473 | $ 645,654 | $ 246,480 | ||
Sale of Units | 314,062 | 415,099 | 514,745 | ||
Redemption of Units | (210,324) | (167,791) | (186,230) | ||
Transfer of Units In(Out) | 220,002 | ||||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Payment made by the Managing Owner | 36,605 | ||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | (417) | (90,094) | 70,659 | ||
Owners' Capital, Ending balance | $ 1,162,796 | $ 839,473 | $ 645,654 | ||
Owners' Capital - Units, Beginning balance | 7,856 | 5,777 | 2,454 | ||
Owners' Capital - Units, Sale of Units | 4,929 | 3,511 | 5,229 | ||
Owners' Capital - Units, Redemption of Units | (1,969) | (1,432) | (1,906) | ||
Owners' Capital - Units, Ending balance | 10,816 | 7,856 | 5,777 | ||
Net asset value per unit, Beginning balance | $ 106.86 | [1] | $ 111.77 | $ 100.47 | |
Change in net asset value per unit for the period | 0.64 | [1] | (4.91) | 11.3 | |
Net asset value per unit, Ending balance | $ 107.5 | [1] | $ 106.86 | [1] | $ 111.77 |
Equinox Frontier Balanced Fund [Member] | Class One [Member] | Limited Owners [Member] | |||||
Owners' Capital, Beginning balance | $ 62,563,337 | $ 72,098,275 | $ 80,801,534 | ||
Sale of Units | 214,073 | 215,189 | 154,471 | ||
Redemption of Units | (8,950,159) | (8,249,954) | (22,310,597) | ||
Transfer of Units In(Out) | |||||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Payment made by the Managing Owner | 115,486 | ||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | 3,128,120 | (1,615,659) | 13,452,867 | ||
Owners' Capital, Ending balance | $ 56,955,371 | $ 62,563,337 | $ 72,098,275 | ||
Owners' Capital - Units, Beginning balance | 488,680 | 548,117 | 760,206 | ||
Owners' Capital - Units, Sale of Units | 1,630 | 1,584 | 1,437 | ||
Owners' Capital - Units, Redemption of Units | (67,780) | (61,021) | (213,526) | ||
Owners' Capital - Units, Ending balance | 422,530 | 488,680 | 548,117 | ||
Net asset value per unit, Beginning balance | $ 128.03 | $ 131.54 | $ 106.29 | ||
Change in net asset value per unit for the period | 6.77 | (3.51) | 25.25 | ||
Net asset value per unit, Ending balance | $ 134.8 | $ 128.03 | $ 131.54 | ||
Equinox Frontier Balanced Fund [Member] | Class Two [Member] | Managing Owner [Member] | |||||
Owners' Capital, Beginning balance | $ 1,429,544 | $ 1,425,355 | $ 1,374,533 | ||
Sale of Units | 4,923 | ||||
Redemption of Units | (1,020,943) | (250,000) | |||
Transfer of Units In(Out) | |||||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Payment made by the Managing Owner | |||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | 116,863 | 4,189 | 300,822 | ||
Owners' Capital, Ending balance | $ 530,387 | $ 1,429,544 | $ 1,425,355 | ||
Owners' Capital - Units, Beginning balance | 7,956 | 7,956 | 9,784 | ||
Owners' Capital - Units, Sale of Units | |||||
Owners' Capital - Units, Redemption of Units | (5,236) | (1,828) | |||
Owners' Capital - Units, Ending balance | 2,720 | 7,956 | 7,956 | ||
Equinox Frontier Balanced Fund [Member] | Class Two [Member] | Limited Owners [Member] | |||||
Owners' Capital, Beginning balance | $ 21,278,864 | $ 22,125,342 | $ 25,236,584 | ||
Sale of Units | 14,548 | 19,235 | 14,424 | ||
Redemption of Units | (1,160,034) | (982,356) | (7,840,417) | ||
Transfer of Units In(Out) | |||||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Payment made by the Managing Owner | 38,375 | ||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | 1,737,792 | 78,268 | 4,714,751 | ||
Owners' Capital, Ending balance | $ 21,871,170 | $ 21,278,864 | $ 22,125,342 | ||
Owners' Capital - Units, Beginning balance | 118,419 | 123,491 | 179,627 | ||
Owners' Capital - Units, Sale of Units | 105 | 101 | 102 | ||
Owners' Capital - Units, Redemption of Units | (6,358) | (5,173) | (56,238) | ||
Owners' Capital - Units, Ending balance | 112,166 | 118,419 | 123,491 | ||
Net asset value per unit, Beginning balance | $ 179.69 | [1] | $ 179.16 | $ 140.49 | |
Change in net asset value per unit for the period | 15.3 | 0.53 | 38.67 | ||
Net asset value per unit, Ending balance | $ 194.99 | [1] | $ 179.69 | [1] | $ 179.16 |
Equinox Frontier Balanced Fund [Member] | Class Twoa [Member] | Managing Owner [Member] | |||||
Owners' Capital, Beginning balance | $ 191,645 | $ 189,344 | $ 147,003 | ||
Sale of Units | |||||
Redemption of Units | |||||
Transfer of Units In(Out) | |||||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Payment made by the Managing Owner | |||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | 17,467 | 2,301 | 42,341 | ||
Owners' Capital, Ending balance | $ 209,112 | $ 191,645 | $ 189,344 | ||
Owners' Capital - Units, Beginning balance | 1,237 | 1,237 | 1,237 | ||
Owners' Capital - Units, Sale of Units | |||||
Owners' Capital - Units, Redemption of Units | |||||
Owners' Capital - Units, Ending balance | 1,237 | 1,237 | 1,237 | ||
Equinox Frontier Balanced Fund [Member] | Class Twoa [Member] | Limited Owners [Member] | |||||
Owners' Capital, Beginning balance | $ 356,425 | $ 410,943 | $ 344,576 | ||
Sale of Units | |||||
Redemption of Units | (78,366) | (60,850) | (30,794) | ||
Transfer of Units In(Out) | |||||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Payment made by the Managing Owner | 885 | ||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | 29,085 | 5,447 | 97,161 | ||
Owners' Capital, Ending balance | $ 307,144 | $ 356,425 | $ 410,943 | ||
Owners' Capital - Units, Beginning balance | 2,302 | 2,686 | 2,901 | ||
Owners' Capital - Units, Sale of Units | |||||
Owners' Capital - Units, Redemption of Units | (485) | (384) | (215) | ||
Owners' Capital - Units, Ending balance | 1,817 | 2,302 | 2,686 | ||
Net asset value per unit, Beginning balance | $ 154.88 | [1] | $ 153.02 | $ 118.8 | |
Change in net asset value per unit for the period | 14.17 | 1.86 | 34.22 | ||
Net asset value per unit, Ending balance | $ 169.05 | [1] | $ 154.88 | [1] | $ 153.02 |
Equinox Frontier Balanced Fund [Member] | Class Threea [Member] | Limited Owners [Member] | |||||
Owners' Capital, Beginning balance | $ 2,435,421 | $ 2,528,303 | $ 2,322,629 | ||
Sale of Units | |||||
Redemption of Units | (897,320) | (127,078) | (360,701) | ||
Transfer of Units In(Out) | |||||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Payment made by the Managing Owner | 4,131 | ||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | 210,905 | 30,065 | 566,375 | ||
Owners' Capital, Ending balance | $ 1,749,006 | $ 2,435,421 | $ 2,528,303 | ||
Owners' Capital - Units, Beginning balance | 15,776 | 16,577 | 19,615 | ||
Owners' Capital - Units, Sale of Units | |||||
Owners' Capital - Units, Redemption of Units | (5,396) | (801) | (3,038) | ||
Owners' Capital - Units, Ending balance | 10,380 | 15,776 | 16,577 | ||
Net asset value per unit, Beginning balance | $ 154.37 | $ 152.52 | $ 118.41 | ||
Change in net asset value per unit for the period | 14.12 | 1.85 | 34.11 | ||
Net asset value per unit, Ending balance | $ 168.49 | $ 154.37 | $ 152.52 | ||
Equinox Frontier Balanced Fund [Member] | Class OneAP [Member] | Limited Owners [Member] | |||||
Owners' Capital, Beginning balance | $ 714,747 | $ 748,275 | |||
Sale of Units | 1,457 | 1,011,652 | |||
Redemption of Units | (95,000) | (39,001) | (453,561) | ||
Transfer of Units In(Out) | |||||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Payment made by the Managing Owner | 1,222 | ||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | 57,434 | 2,794 | 190,184 | ||
Owners' Capital, Ending balance | $ 677,181 | $ 714,747 | $ 748,275 | ||
Owners' Capital - Units, Beginning balance | 5,351 | 5,618 | |||
Owners' Capital - Units, Sale of Units | 10 | 9,858 | |||
Owners' Capital - Units, Redemption of Units | (680) | (277) | (4,240) | ||
Owners' Capital - Units, Ending balance | 4,671 | 5,351 | 5,618 | ||
Net asset value per unit, Beginning balance | $ 133.59 | $ 133.2 | |||
Change in net asset value per unit for the period | 11.38 | 0.39 | |||
Net asset value per unit, Ending balance | $ 144.97 | $ 133.59 | $ 133.2 | ||
Equinox Frontier Select Fund [Member] | Class One [Member] | Limited Owners [Member] | |||||
Owners' Capital, Beginning balance | $ 11,710,517 | $ 13,663,563 | $ 15,852,947 | ||
Sale of Units | 16,022 | 18,418 | 10,580 | ||
Redemption of Units | (1,700,518) | (1,275,096) | (4,337,542) | ||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | 514,681 | (696,368) | 2,137,578 | ||
Owners' Capital, Ending balance | $ 10,540,702 | $ 11,710,517 | $ 13,663,563 | ||
Owners' Capital - Units, Beginning balance | 129,612 | 142,913 | 198,518 | ||
Owners' Capital - Units, Sale of Units | 168 | 193 | 133 | ||
Owners' Capital - Units, Redemption of Units | (17,721) | (13,494) | (55,738) | ||
Owners' Capital - Units, Ending balance | 112,059 | 129,612 | 142,913 | ||
Net asset value per unit, Beginning balance | $ 90.35 | $ 95.61 | $ 79.86 | ||
Change in net asset value per unit for the period | 3.71 | (5.26) | 15.75 | ||
Net asset value per unit, Ending balance | $ 94.06 | $ 90.35 | $ 95.61 | ||
Equinox Frontier Select Fund [Member] | Class Two [Member] | Managing Owner [Member] | |||||
Owners' Capital, Beginning balance | $ 8,814 | $ 9,052 | $ 7,336 | ||
Sale of Units | |||||
Redemption of Units | |||||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | 583 | (238) | 1,716 | ||
Owners' Capital, Ending balance | $ 9,397 | $ 8,814 | $ 9,052 | ||
Owners' Capital - Units, Beginning balance | 70 | 70 | 70 | ||
Owners' Capital - Units, Sale of Units | |||||
Owners' Capital - Units, Redemption of Units | |||||
Owners' Capital - Units, Ending balance | 70 | 70 | 70 | ||
Equinox Frontier Select Fund [Member] | Class Two [Member] | Limited Owners [Member] | |||||
Owners' Capital, Beginning balance | $ 1,329,359 | $ 1,549,078 | $ 1,751,565 | ||
Sale of Units | |||||
Redemption of Units | (25,360) | (187,051) | (488,584) | ||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | 98,044 | (32,668) | 286,097 | ||
Owners' Capital, Ending balance | $ 1,402,043 | $ 1,329,359 | $ 1,549,078 | ||
Owners' Capital - Units, Beginning balance | 10,626 | 12,058 | 16,820 | ||
Owners' Capital - Units, Sale of Units | |||||
Owners' Capital - Units, Redemption of Units | (182) | (1,432) | (4,762) | ||
Owners' Capital - Units, Ending balance | 10,444 | 10,626 | 12,058 | ||
Net asset value per unit, Beginning balance | $ 125.11 | [1] | $ 128.48 | $ 104.14 | |
Change in net asset value per unit for the period | 9.14 | [1] | (3.37) | 24.34 | |
Net asset value per unit, Ending balance | $ 134.25 | [1] | $ 125.11 | [1] | $ 128.48 |
Equinox Frontier Select Fund [Member] | Class OneAP [Member] | Limited Owners [Member] | |||||
Owners' Capital, Beginning balance | $ 47,365 | $ 47,785 | |||
Sale of Units | 930 | 194,475 | |||
Redemption of Units | (21,949) | (156,681) | |||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | 4,481 | (1,350) | 9,991 | ||
Owners' Capital, Ending balance | $ 29,897 | $ 47,365 | $ 47,785 | ||
Owners' Capital - Units, Beginning balance | 503 | 494 | |||
Owners' Capital - Units, Sale of Units | 9 | 2,575 | |||
Owners' Capital - Units, Redemption of Units | (207) | (2,081) | |||
Owners' Capital - Units, Ending balance | 296 | 503 | 494 | ||
Net asset value per unit, Beginning balance | $ 94.28 | $ 96.82 | $ 75.53 | ||
Change in net asset value per unit for the period | 6.88 | (2.54) | 21.29 | ||
Net asset value per unit, Ending balance | $ 101.16 | $ 94.28 | $ 96.82 | ||
Equinox Frontier Winton Fund [Member] | Class One [Member] | Limited Owners [Member] | |||||
Owners' Capital, Beginning balance | $ 23,022,800 | $ 26,870,878 | $ 26,164,147 | ||
Sale of Units | 159,082 | 175,616 | 169,066 | ||
Redemption of Units | (1,620,516) | (2,337,287) | (5,054,720) | ||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | (1,276,431) | (1,686,407) | 5,592,385 | ||
Owners' Capital, Ending balance | $ 20,284,935 | $ 23,022,800 | $ 26,870,878 | ||
Owners' Capital - Units, Beginning balance | 140,239 | 152,717 | 187,438 | ||
Owners' Capital - Units, Sale of Units | 963 | 1,010 | 1,155 | ||
Owners' Capital - Units, Redemption of Units | (9,919) | (13,488) | (35,876) | ||
Owners' Capital - Units, Ending balance | 131,283 | 140,239 | 152,717 | ||
Net asset value per unit, Beginning balance | $ 164.17 | $ 175.95 | $ 139.59 | ||
Change in net asset value per unit for the period | (9.66) | (11.78) | 36.36 | ||
Net asset value per unit, Ending balance | $ 154.51 | $ 164.17 | $ 175.95 | ||
Equinox Frontier Winton Fund [Member] | Class Two [Member] | Managing Owner [Member] | |||||
Owners' Capital, Beginning balance | $ 44,962 | $ 46,764 | $ 36,002 | ||
Sale of Units | |||||
Redemption of Units | |||||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | (1,409) | (1,802) | 10,762 | ||
Owners' Capital, Ending balance | $ 43,553 | $ 44,962 | $ 46,764 | ||
Owners' Capital - Units, Beginning balance | 207 | 207 | 207 | ||
Owners' Capital - Units, Sale of Units | |||||
Owners' Capital - Units, Redemption of Units | |||||
Owners' Capital - Units, Ending balance | 207 | 207 | 207 | ||
Equinox Frontier Winton Fund [Member] | Class Two [Member] | Limited Owners [Member] | |||||
Owners' Capital, Beginning balance | $ 11,837,205 | $ 13,095,549 | $ 10,424,688 | ||
Sale of Units | |||||
Redemption of Units | (88,086) | (787,381) | (352,627) | ||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | (346,559) | (470,963) | 3,023,488 | ||
Owners' Capital, Ending balance | $ 11,402,560 | $ 11,837,205 | $ 13,095,549 | ||
Owners' Capital - Units, Beginning balance | 54,422 | 57,886 | 59,854 | ||
Owners' Capital - Units, Sale of Units | |||||
Owners' Capital - Units, Redemption of Units | (378) | (3,464) | (1,968) | ||
Owners' Capital - Units, Ending balance | 54,044 | 54,422 | 57,886 | ||
Net asset value per unit, Beginning balance | $ 217.51 | [1] | $ 226.23 | $ 174.17 | |
Change in net asset value per unit for the period | (6.53) | [1] | (8.72) | 52.06 | |
Net asset value per unit, Ending balance | $ 210.98 | [1] | $ 217.51 | [1] | $ 226.23 |
Equinox Frontier Winton Fund [Member] | Class OneAP [Member] | Limited Owners [Member] | |||||
Owners' Capital, Beginning balance | $ 36,576 | $ 38,042 | |||
Sale of Units | 288,379 | ||||
Redemption of Units | (266,356) | ||||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | (1,098) | (1,466) | 16,019 | ||
Owners' Capital, Ending balance | $ 35,478 | $ 36,576 | $ 38,042 | ||
Owners' Capital - Units, Beginning balance | 214 | 214 | |||
Owners' Capital - Units, Sale of Units | 2,076 | ||||
Owners' Capital - Units, Redemption of Units | (1,862) | ||||
Owners' Capital - Units, Ending balance | 214 | 214 | 214 | ||
Net asset value per unit, Beginning balance | $ 171.31 | $ 178.18 | $ 138.93 | ||
Change in net asset value per unit for the period | (5.14) | (6.87) | 39.25 | ||
Net asset value per unit, Ending balance | $ 166.17 | $ 171.31 | $ 178.18 | ||
Equinox Frontier Heritage Fund [Member] | Class One [Member] | Limited Owners [Member] | |||||
Owners' Capital, Beginning balance | $ 8,628,726 | $ 9,761,819 | $ 11,328,406 | ||
Sale of Units | 35,716 | 41,712 | 26,517 | ||
Redemption of Units | (871,326) | (766,234) | (3,615,044) | ||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | (286,044) | (408,571) | 2,021,940 | ||
Owners' Capital, Ending balance | $ 7,507,072 | $ 8,628,726 | $ 9,761,819 | ||
Owners' Capital - Units, Beginning balance | 69,436 | 74,927 | 111,005 | ||
Owners' Capital - Units, Sale of Units | 281 | 315 | 253 | ||
Owners' Capital - Units, Redemption of Units | (6,938) | (5,806) | (36,331) | ||
Owners' Capital - Units, Ending balance | 62,779 | 69,436 | 74,927 | ||
Net asset value per unit, Beginning balance | $ 124.27 | $ 130.28 | $ 102.05 | ||
Change in net asset value per unit for the period | (4.69) | (6.01) | 28.23 | ||
Net asset value per unit, Ending balance | $ 119.58 | $ 124.27 | $ 130.28 | ||
Equinox Frontier Heritage Fund [Member] | Class Twoa [Member] | Managing Owner [Member] | |||||
Owners' Capital, Beginning balance | $ 74,329 | $ 75,621 | $ 57,484 | ||
Sale of Units | |||||
Redemption of Units | |||||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | (669) | (1,292) | 18,137 | ||
Owners' Capital, Ending balance | $ 73,660 | $ 74,329 | $ 75,621 | ||
Owners' Capital - Units, Beginning balance | 428 | 428 | 428 | ||
Owners' Capital - Units, Sale of Units | |||||
Owners' Capital - Units, Redemption of Units | |||||
Owners' Capital - Units, Ending balance | 428 | 428 | 428 | ||
Equinox Frontier Heritage Fund [Member] | Class Twoa [Member] | Limited Owners [Member] | |||||
Owners' Capital, Beginning balance | $ 2,779,024 | $ 3,131,561 | $ 2,792,578 | ||
Sale of Units | |||||
Redemption of Units | (90,031) | (312,995) | (417,710) | ||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | (18,278) | (39,542) | 756,693 | ||
Owners' Capital, Ending balance | $ 2,670,715 | $ 2,779,024 | $ 3,131,561 | ||
Owners' Capital - Units, Beginning balance | 16,013 | 17,736 | 20,807 | ||
Owners' Capital - Units, Sale of Units | |||||
Owners' Capital - Units, Redemption of Units | (495) | (1,723) | (3,071) | ||
Owners' Capital - Units, Ending balance | 15,518 | 16,013 | 17,736 | ||
Net asset value per unit, Beginning balance | $ 173.54 | [1] | $ 176.56 | $ 134.21 | |
Change in net asset value per unit for the period | 1.44 | [1] | (3.02) | 42.35 | |
Net asset value per unit, Ending balance | $ 172.1 | [1] | $ 173.54 | [1] | $ 176.56 |
Equinox Frontier Heritage Fund [Member] | Class OneAP [Member] | Limited Owners [Member] | |||||
Owners' Capital, Beginning balance | $ 58,523 | $ 58,378 | |||
Sale of Units | 1,288 | 244,674 | |||
Redemption of Units | (56,051) | (202,374) | |||
Change in control of ownership - Trading Companies | |||||
Contributions | |||||
Distributions | |||||
Operations attributable to non-controlling interests | |||||
Net increase/(decrease) in Owners' Capital resulting from operations | 3,354 | (1,143) | 16,078 | ||
Owners' Capital, Ending balance | $ 5,826 | $ 58,523 | $ 58,378 | ||
Owners' Capital - Units, Beginning balance | 452 | 443 | |||
Owners' Capital - Units, Sale of Units | 9 | 2,477 | |||
Owners' Capital - Units, Redemption of Units | (407) | (2,034) | |||
Owners' Capital - Units, Ending balance | 45 | 452 | 443 | ||
Net asset value per unit, Beginning balance | $ 129.67 | $ 131.93 | $ 98.8 | ||
Change in net asset value per unit for the period | (1.07) | (2.26) | 33.13 | ||
Net asset value per unit, Ending balance | $ 128.6 | $ 129.67 | $ 131.93 | ||
[1] | Values are for both the Managing Owner and Limited Owners. |
Statements of Changes in Member
Statements of Changes in Members' Equity - USD ($) | Frontier Trading Company I, LLC | Frontier Trading Company II, LLC | Frontier Trading Company Vii Llc [Member] | Frontier Trading Company Xiv Llc [Member] | Frontier Trading Company XV, LLC | Frontier Trading Company XXIII, LLC | 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 | Frontier Trading Company XXXIX, LLC |
Owners' Capital, Beginning balance at Dec. 31, 2013 | $ 19,611,575 | $ 17,534,029 | $ 7,003,289 | $ 3,527,697 | $ 19,248,714 | $ 4,251,667 | $ 10,126,168 | $ 3,437,632 | $ 2,456,545 | $ 6,880,279 | $ 5,435,184 | |
Capital Contributed | 157,856,619 | 12,312,000 | 37,505,000 | 21,580,000 | 23,175,200 | 3,895,000 | 2,265,000 | 25,645,000 | 14,825,252 | |||
Capital Distributed | (169,654,397) | (37,050,000) | (33,710,129) | (24,945,000) | (29,900,000) | (12,100,000) | (22,750,000) | (16,650,000) | ||||
Net Increase (decrease) in Members' Equity Resulting From Operations | 18,165,908 | 21,528,940 | (558,018) | 4,544,325 | 2,877,056 | 7,478,302 | (598,455) | 5,912,879 | 3,132,777 | 1,176,515 | (741,848) | 2,105,282 |
Owners' Capital, Ending balance at Dec. 31, 2014 | 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 |
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) | |||
Net Increase (decrease) in Members' Equity Resulting From Operations | 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 | 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 |
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) |
Net Increase (decrease) in Members' Equity Resulting From Operations | 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 | $ 6,883,604 | $ 19,207,006 | $ 8,847,274 | $ 14,012,895 | $ 6,137,847 | $ 4,105,468 | $ 11,184,103 | $ 6,491,414 |
Statements of Changes in Owner9
Statements of Changes in Owners' Capital - Galaxy Plus Fund LLC | 12 Months Ended |
Dec. 31, 2016USD ($) | |
Galaxy Plus Fund LLC - 510 Series | |
Net investment income | $ (365,605) |
Net unrealized gain/(loss) on investments | (840,031) |
Net increase (decrease) in unrealized depreciation on investments | (178,228) |
Net decrease in member's equity resulting from operations | (1,383,864) |
Proceeds from issuance of capital | 15,625,755 |
Proceeds from in-kind contribution | |
In-kind assumed derivative liabilities | |
Payments for redemptions of capital | (6,755,636) |
Net increase in member's equity resulting from capital transactions | 8,870,119 |
Total increase | 7,486,255 |
Member's equity, beginning of period | 4,418,994 |
Member's equity, end of period | 11,905,249 |
Galaxy Plus Fund LLC - 516 Series | |
Net investment income | (770,626) |
Net unrealized gain/(loss) on investments | 3,933,951 |
Net increase (decrease) in unrealized depreciation on investments | (1,253,066) |
Net decrease in member's equity resulting from operations | 1,910,259 |
Proceeds from issuance of capital | 12,442,497 |
Proceeds from in-kind contribution | |
In-kind assumed derivative liabilities | |
Payments for redemptions of capital | (2,791,667) |
Net increase in member's equity resulting from capital transactions | 9,650,830 |
Total increase | 11,561,089 |
Member's equity, beginning of period | |
Member's equity, end of period | 11,561,089 |
Galaxy Plus Fund LLC - 517 Series | |
Net investment income | (83,456) |
Net unrealized gain/(loss) on investments | (1,753,745) |
Net increase (decrease) in unrealized depreciation on investments | 209,587 |
Net decrease in member's equity resulting from operations | (1,627,614) |
Proceeds from issuance of capital | 5,500,601 |
Proceeds from in-kind contribution | 94,417 |
In-kind assumed derivative liabilities | |
Payments for redemptions of capital | |
Net increase in member's equity resulting from capital transactions | 5,500,601 |
Total increase | 3,872,987 |
Member's equity, beginning of period | |
Member's equity, end of period | 3,872,987 |
Galaxy Plus Fund LLC - 518 Series | |
Net investment income | (330,941) |
Net unrealized gain/(loss) on investments | 409,456 |
Net increase (decrease) in unrealized depreciation on investments | (423,735) |
Net decrease in member's equity resulting from operations | (345,220) |
Proceeds from issuance of capital | 11,724,791 |
Proceeds from in-kind contribution | |
In-kind assumed derivative liabilities | |
Payments for redemptions of capital | |
Net increase in member's equity resulting from capital transactions | 11,819,208 |
Total increase | 11,473,988 |
Member's equity, beginning of period | |
Member's equity, end of period | 11,473,988 |
Galaxy Plus Fund LLC - 522 Series | |
Net investment income | (373,967) |
Net unrealized gain/(loss) on investments | 104,010 |
Net increase (decrease) in unrealized depreciation on investments | 598,204 |
Net decrease in member's equity resulting from operations | 328,247 |
Proceeds from issuance of capital | 7,696,404 |
In-kind assumed derivative liabilities | (27,740) |
Payments for redemptions of capital | (409,667) |
Net increase in member's equity resulting from capital transactions | 7,258,997 |
Total increase | 7,587,244 |
Member's equity, beginning of period | |
Member's equity, end of period | 7,587,244 |
Galaxy Plus Fund LLC - 526 Series | |
Net investment income | (1,785,166) |
Net unrealized gain/(loss) on investments | 6,004,016 |
Net increase (decrease) in unrealized depreciation on investments | 325,784 |
Net decrease in member's equity resulting from operations | 4,544,634 |
Proceeds from issuance of capital | 18,207,797 |
Proceeds from in-kind contribution | |
Payments for redemptions of capital | (2,265,861) |
Net increase in member's equity resulting from capital transactions | 15,941,936 |
Total increase | 20,486,570 |
Member's equity, beginning of period | |
Member's equity, end of period | 20,486,570 |
Galaxy Plus Fund LLC - 527 Series | |
Net investment income | (207,267) |
Net unrealized gain/(loss) on investments | (293,244) |
Net increase (decrease) in unrealized depreciation on investments | 822 |
Net decrease in member's equity resulting from operations | (499,689) |
Proceeds from issuance of capital | 19,729,842 |
Proceeds from in-kind contribution | |
Payments for redemptions of capital | |
Net increase in member's equity resulting from capital transactions | 19,729,842 |
Total increase | 19,230,153 |
Member's equity, beginning of period | |
Member's equity, end of period | 19,230,153 |
Galaxy Plus Fund LLC - 528 Series | |
Net investment income | (99,104) |
Net unrealized gain/(loss) on investments | 212,854 |
Net increase (decrease) in unrealized depreciation on investments | 76,775 |
Net decrease in member's equity resulting from operations | 190,525 |
Proceeds from issuance of capital | 6,260,915 |
Proceeds from in-kind contribution | 75,670 |
Payments for redemptions of capital | |
Net increase in member's equity resulting from capital transactions | 6,336,585 |
Total increase | 6,527,110 |
Member's equity, beginning of period | |
Member's equity, end of period | 6,527,110 |
Galaxy Plus Fund LLC - 532 Series | |
Net investment income | (6,911) |
Net unrealized gain/(loss) on investments | (86,651) |
Net increase (decrease) in unrealized depreciation on investments | (286,208) |
Net decrease in member's equity resulting from operations | (379,770) |
Proceeds from issuance of capital | 5,000,000 |
Proceeds from in-kind contribution | |
Payments for redemptions of capital | |
Net increase in member's equity resulting from capital transactions | 5,000,000 |
Total increase | 4,620,230 |
Member's equity, beginning of period | |
Member's equity, end of period | 4,620,230 |
Galaxy Plus Fund LLC - 535 Series | |
Net investment income | (54,340) |
Net unrealized gain/(loss) on investments | 2,303,603 |
Net increase (decrease) in unrealized depreciation on investments | 134,141 |
Net decrease in member's equity resulting from operations | 2,383,404 |
Proceeds from issuance of capital | 8,800,000 |
Proceeds from in-kind contribution | |
Payments for redemptions of capital | |
Net increase in member's equity resulting from capital transactions | 8,800,000 |
Total increase | 11,183,404 |
Member's equity, beginning of period | |
Member's equity, end of period | $ 11,183,404 |
Statements of Cash Flows
Statements of Cash Flows - USD ($) | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Cash Flows from Operating Activities: | |||
Net increase/(decrease) in capital resulting from operations | $ 5,510,577 | $ (4,169,049) | $ 54,071,987 |
Change in: | |||
Net change in open trade equity/(deficit), at fair value | (7,171,709) | 19,173,292 | 850,228 |
Net change in options purchased, at fair value | 526,288 | 8,549,595 | (6,042,013) |
Net change in options written, at fair value | (165,760) | (8,798,078) | 7,741,316 |
Increase and/or decrease in: | |||
Receivable from futures commission merchants | 39,879,557 | (6,820,222) | (4,768,450) |
Prepaid service fees | 24,251 | (8,209) | 4,010 |
Interest receivable | 1,241,463 | 111,502 | 501,949 |
Receivable from related parties | (84,550) | 2,541 | 390 |
Other assets | 29 | 499,993 | (499,955) |
Incentive fees payable to Managing Owner | (382,136) | (6,283,192) | 5,254,068 |
Management fees payable to Managing Owner | 30,487 | (65,211) | (137,065) |
Interest payable to Managing Owner | (98,846) | (40,965) | (78,476) |
Trading fees payable to Managing Owner | 240,577 | (42,332) | (36,543) |
Service fees payable to Managing Owner | (34,336) | (62,259) | (68,919) |
Risk analysis fees payable | 15,673 | ||
Payables to related parties | 21,334 | 25,817 | 18,978 |
Other liabilities | 144,042 | (6) | |
Net cash provided by (used in) operating activities | 7,324,176 | 20,403,118 | 96,000,991 |
Cash Flows from Financing Activities: | |||
Proceeds from sale of units | 11,277,657 | 19,606,202 | 15,680,430 |
Payment for redemption of units | (37,761,098) | (46,670,773) | (100,568,391) |
Payment made by the Managing Owner | 1,211,610 | ||
Pending owner additions | (36,462) | (5,492) | 7,842 |
Advance on unrealized Swap Appreciation | 9,441,555 | ||
Owner redemptions payable | 525,602 | 453,104 | (1,445,885) |
Net cash provided by (used in) financing activities | (16,552,746) | (25,405,349) | (86,326,004) |
Net increase (decrease) in cash and cash equivalents | (9,228,570) | (5,002,231) | 9,674,987 |
Cash and cash equivalents, beginning of period | 13,975,613 | 18,977,844 | 9,302,857 |
Cash and cash equivalents, end of period | 4,747,043 | 13,975,613 | 18,977,844 |
US Treasury Securities [Member] | |||
Change in: | |||
Net realized gain/(loss) on investments | (7,709,486) | (1,146,411) | 429,638 |
Net unrealized gain/(loss) on investments | 5,181,917 | 2,972,057 | (13,833,243) |
(Purchases) sales of: | |||
Sales of Investments | 102,379,233 | 39,359,391 | 82,112,859 |
Purchase of Investments | (25,877,151) | (21,196,875) | (14,984,410) |
Interest and premium paid/amortized | 746,321 | 2,486,916 | |
Swap [Member] | |||
Change in: | |||
Net unrealized gain/(loss) on investments | (53,113) | (3,145,177) | (14,535,358) |
(Purchases) sales of: | |||
Purchase of Investments | (1,000,000) | ||
Private Investment Companies [Member] | |||
Change in: | |||
Net realized gain/(loss) on investments | (776,630) | ||
Net unrealized gain/(loss) on investments | (4,405,026) | ||
(Purchases) sales of: | |||
Sales of Investments | 5,467,195 | ||
Purchase of Investments | (107,326,025) | ||
Equinox Frontier Diversified Fund | |||
Cash Flows from Operating Activities: | |||
Net increase/(decrease) in capital resulting from operations | 1,163,290 | 7,062,279 | 21,103,995 |
Change in: | |||
Net change in open trade equity/(deficit), at fair value | 3,215,206 | (3,215,206) | |
Net change in options purchased, at fair value | 288,413 | (288,413) | |
Net change in options written, at fair value | (253,018) | 253,018 | |
Net change in ownership allocation of U.S. Treasury securities | 1,325,836 | (886,791) | (2,537,145) |
Increase and/or decrease in: | |||
Receivable from futures commission merchants | 22,731,129 | (22,731,129) | |
Change in control of ownership - trading companies | (16,894,354) | 5,601,517 | |
Change in control of ownership - private investment companies | |||
Investments in unconsolidated trading companies, at fair value | 11,850,295 | (9,499,828) | 14,242,893 |
Interest receivable | 357,350 | (1,892) | 44,025 |
Receivable from related parties | (189,387) | 1,035 | |
Other assets | 249,997 | (249,997) | |
Incentive fees payable to Managing Owner | (204,914) | (4,546) | 1,812,275 |
Management fees payable to Managing Owner | (58,444) | (4,507) | (15,018) |
Interest payable to Managing Owner | (11,661) | (11,919) | (52) |
Trading fees payable to Managing Owner | 26,118 | (17,885) | (3,182) |
Service fees payable to Managing Owner | (1,827) | (245) | (11,358) |
Payables to related parties | 2,126 | 2,182,912 | 2,332 |
Interest payable | |||
Other liabilities | 19,673 | ||
Net cash provided by (used in) operating activities | (4,753,809) | 6,000,596 | 20,413,128 |
Cash Flows from Financing Activities: | |||
Proceeds from sale of units | 10,236,543 | 12,533,210 | 7,283,926 |
Payment for redemption of units | (10,643,408) | (19,555,894) | (25,023,060) |
Payment made by the Managing Owner | 144,349 | ||
Pending owner additions | (1,524) | (3) | (765) |
Advance on unrealized Swap Appreciation | 2,500,000 | ||
Owner redemptions payable | 52,452 | (48,923) | (290,488) |
Net cash provided by (used in) financing activities | 2,144,063 | (6,927,261) | (18,030,387) |
Net increase (decrease) in cash and cash equivalents | (2,609,746) | (926,665) | 2,382,741 |
Cash and cash equivalents, beginning of period | 3,283,973 | 4,210,638 | 1,827,897 |
Cash and cash equivalents, end of period | 674,227 | 3,283,973 | 4,210,638 |
Equinox Frontier Diversified Fund | US Treasury Securities [Member] | |||
Change in: | |||
Net realized gain/(loss) on investments | (1,794,297) | (270,582) | 84,779 |
Net unrealized gain/(loss) on investments | 990,689 | 516,327 | (2,895,653) |
(Purchases) sales of: | |||
Sales of Investments | 27,076,226 | 8,875,032 | 15,921,359 |
Purchase of Investments | (6,518,818) | (4,787,243) | (3,569,582) |
Equinox Frontier Diversified Fund | Swap [Member] | |||
Change in: | |||
Net unrealized gain/(loss) on investments | 48,002 | (2,115,441) | (3,132,777) |
(Purchases) sales of: | |||
Purchase of Investments | |||
Equinox Frontier Diversified Fund | Private Investment Companies [Member] | |||
Change in: | |||
Net realized gain/(loss) on investments | (277,315) | ||
Net unrealized gain/(loss) on investments | (80,689) | ||
(Purchases) sales of: | |||
Sales of Investments | 1,823,011 | ||
Purchase of Investments | (40,310,981) | ||
Equinox Frontier Diversified Fund | Class One [Member] | |||
Increase and/or decrease in: | |||
Prepaid service fees | 16,160 | (6,626) | (4,588) |
Equinox Frontier Masters Fund [Member] | |||
Cash Flows from Operating Activities: | |||
Net increase/(decrease) in capital resulting from operations | 492,136 | (462,243) | 5,452,158 |
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 | 1,494,674 | 2,661,543 | 1,670,108 |
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 | 2,731,824 | (1,507,952) | 1,264,732 |
Interest receivable | 126,957 | 41,777 | 71,847 |
Receivable from related parties | (151,487) | (990) | |
Other assets | 1,380 | ||
Incentive fees payable to Managing Owner | (42,251) | (679,792) | 722,043 |
Management fees payable to Managing Owner | (4,500) | (9,823) | (42,530) |
Interest payable to Managing Owner | (4,957) | (1,941) | (2,689) |
Trading fees payable to Managing Owner | 9,389 | (7,411) | (16,775) |
Service fees payable to Managing Owner | (3,061) | (5,162) | (18,598) |
Payables to related parties | |||
Interest payable | |||
Other liabilities | 7,590 | (1) | |
Net cash provided by (used in) operating activities | 5,154,650 | 1,631,448 | 14,658,683 |
Cash Flows from Financing Activities: | |||
Proceeds from sale of units | 282,688 | 6,086,949 | 5,659,806 |
Payment for redemption of units | (6,433,816) | (8,504,261) | (19,174,893) |
Payment made by the Managing Owner | |||
Pending owner additions | (1,290) | (766) | 704 |
Advance on unrealized Swap Appreciation | |||
Owner redemptions payable | 122,283 | 9,558 | (71,188) |
Net cash provided by (used in) financing activities | (6,030,135) | (2,408,520) | (13,585,571) |
Net increase (decrease) in cash and cash equivalents | (875,485) | (777,072) | 1,073,112 |
Cash and cash equivalents, beginning of period | 1,421,994 | 2,199,066 | 1,125,954 |
Cash and cash equivalents, end of period | 546,509 | 1,421,994 | 2,199,066 |
Equinox Frontier Masters Fund [Member] | US Treasury Securities [Member] | |||
Change in: | |||
Net realized gain/(loss) on investments | (73,108) | ||
Net unrealized gain/(loss) on investments | (78,993) | ||
(Purchases) sales of: | |||
Sales of Investments | 483,333 | ||
Purchase of Investments | (5,984,940) | ||
Equinox Frontier Masters Fund [Member] | Private Investment Companies [Member] | |||
Change in: | |||
Net realized gain/(loss) on investments | (483,811) | (111,668) | 51,271 |
Net unrealized gain/(loss) on investments | 227,159 | 198,693 | (1,525,265) |
(Purchases) sales of: | |||
Sales of Investments | 8,781,991 | 3,807,003 | 8,685,478 |
Purchase of Investments | (2,380,650) | (2,291,604) | (1,657,268) |
Equinox Frontier Masters Fund [Member] | Class One [Member] | |||
Increase and/or decrease in: | |||
Prepaid service fees | 7,355 | (1,352) | 5,162 |
Equinox Frontier Long Short Commodity Fund [Member] | |||
Cash Flows from Operating Activities: | |||
Net increase/(decrease) in capital resulting from operations | (1,294) | (1,458,094) | 310,864 |
Change in: | |||
Net change in open trade equity/(deficit), at fair value | (693,263) | (191,069) | |
Net change in options purchased, at fair value | 98,740 | ||
Net change in options written, at fair value | (172,650) | ||
Net change in ownership allocation of U.S. Treasury securities | 717,209 | 2,673,304 | 4,101,132 |
Increase and/or decrease in: | |||
Receivable from futures commission merchants | 7,836,808 | ||
Change in control of ownership - trading companies | (131,876) | (2,462,220) | |
Change in control of ownership - private investment companies | 2,533,331 | ||
Investments in unconsolidated trading companies, at fair value | 3,414,663 | 400,191 | (3,159,085) |
Interest receivable | 83,190 | 42,710 | 105,214 |
Receivable from related parties | (86,061) | 346 | |
Other assets | 1,006 | ||
Incentive fees payable to Managing Owner | (28,408) | (130,252) | 158,660 |
Management fees payable to Managing Owner | (48,210) | 2,849 | (59,522) |
Interest payable to Managing Owner | (1,368) | (2,345) | (4,252) |
Trading fees payable to Managing Owner | 6,349 | (7,307) | (10,352) |
Service fees payable to Managing Owner | (3,299) | (3,721) | (4,403) |
Payables to related parties | 1,615,683 | ||
Interest payable | 5 | ||
Other liabilities | 41 | ||
Net cash provided by (used in) operating activities | 3,009,781 | 1,544,146 | 9,954,537 |
Cash Flows from Financing Activities: | |||
Proceeds from sale of units | 314,062 | 512,199 | 622,461 |
Payment for redemption of units | (4,008,216) | (3,485,335) | (10,188,324) |
Payment made by the Managing Owner | 907,162 | ||
Pending owner additions | (2) | ||
Advance on unrealized Swap Appreciation | 115,000 | ||
Owner redemptions payable | (796) | (18,782) | (88,311) |
Net cash provided by (used in) financing activities | (3,579,950) | (2,084,756) | (9,654,176) |
Net increase (decrease) in cash and cash equivalents | (570,169) | (540,610) | 300,361 |
Cash and cash equivalents, beginning of period | 570,169 | 1,110,779 | 810,418 |
Cash and cash equivalents, end of period | 570,169 | 1,110,779 | |
Equinox Frontier Long Short Commodity Fund [Member] | US Treasury Securities [Member] | |||
Change in: | |||
Net realized gain/(loss) on investments | (13,263) | ||
Net unrealized gain/(loss) on investments | 216,197 | ||
(Purchases) sales of: | |||
Sales of Investments | 509,667 | ||
Purchase of Investments | (7,427,743) | ||
Equinox Frontier Long Short Commodity Fund [Member] | Swap [Member] | |||
Change in: | |||
Net unrealized gain/(loss) on investments | 111,960 | 300,633 | (1,176,515) |
(Purchases) sales of: | |||
Purchase of Investments | (1,000,000) | ||
Equinox Frontier Long Short Commodity Fund [Member] | Private Investment Companies [Member] | |||
Change in: | |||
Net realized gain/(loss) on investments | (103,299) | (46,795) | 36,613 |
Net unrealized gain/(loss) on investments | (193,551) | 204,014 | (1,119,787) |
(Purchases) sales of: | |||
Sales of Investments | 5,321,261 | 1,963,944 | 6,563,688 |
Purchase of Investments | (948,803) | (1,395,765) | (900,875) |
Equinox Frontier Long Short Commodity Fund [Member] | Class One [Member] | |||
Increase and/or decrease in: | |||
Prepaid service fees | 736 | (231) | 3,202 |
Equinox Frontier Balanced Fund [Member] | |||
Cash Flows from Operating Activities: | |||
Net increase/(decrease) in capital resulting from operations | 5,945,778 | (1,232,876) | 24,455,249 |
Change in: | |||
Net change in open trade equity/(deficit), at fair value | 340,656 | 3,286,019 | 637,703 |
Net change in options purchased, at fair value | 165,915 | ||
Net change in options written, at fair value | (183,856) | ||
Net change in ownership allocation of U.S. Treasury securities | 14,565,822 | (8,151,611) | 7,558,953 |
Increase and/or decrease in: | |||
Receivable from futures commission merchants | 870,805 | 15,172,045 | 776,104 |
Change in control of ownership - trading companies | (1,799,853) | (8,052,252) | (7,745,842) |
Change in control of ownership - private investment companies | (1,799,853) | ||
Investments in unconsolidated trading companies, at fair value | 11,091,850 | 719,959 | (4,630,612) |
Interest receivable | 532,079 | (74,665) | 299,585 |
Receivable from related parties | (346,874) | ||
Other assets | 12 | 250,001 | (249,962) |
Incentive fees payable to Managing Owner | (106,563) | (1,686,755) | 1,101,401 |
Management fees payable to Managing Owner | (55,357) | (20,634) | (11,877) |
Interest payable to Managing Owner | (56,036) | (7,334) | (61,306) |
Trading fees payable to Managing Owner | 145,874 | (8,587) | (7,088) |
Service fees payable to Managing Owner | (15,620) | (21,575) | (23,135) |
Risk analysis fees payable | 1,155 | ||
Payables to related parties | (24,069) | 9,135 | 2,801 |
Other liabilities | 89,594 | ||
Net cash provided by (used in) operating activities | 2,904,777 | 7,899,099 | 33,322,898 |
Cash Flows from Financing Activities: | |||
Proceeds from sale of units | 233,544 | 235,881 | 1,180,547 |
Payment for redemption of units | (12,201,822) | (9,459,239) | (31,246,070) |
Payment made by the Managing Owner | 160,099 | ||
Pending owner additions | (15,538) | (2,464) | 3,325 |
Advance on unrealized Swap Appreciation | 4,926,555 | ||
Owner redemptions payable | 340,880 | 417,297 | (908,760) |
Net cash provided by (used in) financing activities | (6,716,381) | (8,648,426) | (30,970,958) |
Net increase (decrease) in cash and cash equivalents | (3,811,604) | (749,327) | 2,351,940 |
Cash and cash equivalents, beginning of period | 4,895,183 | 5,644,510 | 3,292,570 |
Cash and cash equivalents, end of period | 1,083,579 | 4,895,183 | 5,644,510 |
Equinox Frontier Balanced Fund [Member] | US Treasury Securities [Member] | |||
Change in: | |||
Net realized gain/(loss) on investments | (412,944) | ||
Net unrealized gain/(loss) on investments | (2,077,438) | ||
(Purchases) sales of: | |||
Sales of Investments | 2,651,184 | ||
Purchase of Investments | (45,466,085) | ||
Equinox Frontier Balanced Fund [Member] | Swap [Member] | |||
Change in: | |||
Net unrealized gain/(loss) on investments | 218,070 | (910,566) | (8,124,951) |
Equinox Frontier Balanced Fund [Member] | Private Investment Companies [Member] | |||
Change in: | |||
Net realized gain/(loss) on investments | (2,885,429) | (411,406) | 152,688 |
Net unrealized gain/(loss) on investments | 1,874,454 | 1,350,252 | (4,748,522) |
(Purchases) sales of: | |||
Sales of Investments | 27,164,277 | 14,050,672 | 28,506,883 |
Purchase of Investments | (9,340,565) | (6,360,723) | (4,547,467) |
Equinox Frontier Balanced Fund [Member] | Class One [Member] | |||
Increase and/or decrease in: | |||
Prepaid service fees | 234 | ||
Equinox Frontier Select Fund [Member] | |||
Cash Flows from Operating Activities: | |||
Net increase/(decrease) in capital resulting from operations | 1,607,183 | (696,024) | 2,435,382 |
Change in: | |||
Net change in open trade equity/(deficit), at fair value | (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 | (401,816) | 4,797,257 | 862,967 |
Net realized gain/(loss) on investments | |||
Increase and/or decrease in: | |||
Receivable from futures commission merchants | 5,072,933 | (13,281,151) | |
Change in control of ownership - trading companies | (3,698,113) | 6,781,935 | |
Change in control of ownership - private investment companies | |||
Investments in unconsolidated trading companies, at fair value | 200,521 | 3,954,301 | (1,237,597) |
Interest receivable | (22,210) | 41,596 | |
Receivable from related parties | (103,408) | ||
Other assets | 3 | (3) | |
Incentive fees payable to Managing Owner | (185,791) | 185,791 | |
Management fees payable to Managing Owner | 11,972 | (4,951) | (21,963) |
Interest payable to Managing Owner | (31) | (9,714) | (9,135) |
Trading fees payable to Managing Owner | 9,614 | (1,604) | (1,426) |
Service fees payable to Managing Owner | (3,126) | (3,428) | (6,525) |
Risk analysis fees payable | 2,303 | ||
Payables to related parties | (1,495) | 511 | 511 |
Other liabilities | 11,782 | 156 | |
Net cash provided by (used in) operating activities | 1,826,881 | 783,802 | 5,213,780 |
Cash Flows from Financing Activities: | |||
Proceeds from sale of units | 16,022 | 19,348 | 205,055 |
Payment for redemption of units | (1,747,827) | (1,462,147) | (4,982,811) |
Payment made by the Managing Owner | |||
Pending owner additions | (1,335) | (150) | 491 |
Advance on unrealized Swap Appreciation | |||
Owner redemptions payable | 117,909 | 1,238 | (53,166) |
Net cash provided by (used in) financing activities | (1,615,231) | (1,441,711) | (4,830,431) |
Net increase (decrease) in cash and cash equivalents | 211,650 | (657,909) | 383,349 |
Cash and cash equivalents, beginning of period | 220,371 | 878,280 | 494,931 |
Cash and cash equivalents, end of period | 432,021 | 220,371 | 878,280 |
Equinox Frontier Select Fund [Member] | US Treasury Securities [Member] | |||
Change in: | |||
Net realized gain/(loss) on investments | (70,928) | (22,783) | 25,780 |
Net unrealized gain/(loss) on investments | 199,159 | (35,623) | (679,186) |
(Purchases) sales of: | |||
Sales of Investments | (465,831) | 797,588 | 4,254,841 |
Purchase of Investments | (320,766) | (911,929) | (637,256) |
Equinox Frontier Select Fund [Member] | Class One [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 | (1,161,323) | (1,586,513) | 8,642,654 |
Change in: | |||
Net change in open trade equity/(deficit), at fair value | (466,267) | (599,579) | |
Net change in ownership allocation of U.S. Treasury securities | 1,773,178 | 1,003,454 | (9,377,294) |
Increase and/or decrease in: | |||
Receivable from futures commission merchants | (5,252,127) | (12,744,570) | |
Change in control of ownership - trading companies | 2,276,508 | 5,793,526 | |
Investments in unconsolidated trading companies, at fair value | (3,774,896) | 7,182,104 | 299,665 |
Interest receivable | 137,578 | 27,334 | (76,776) |
Receivable from related parties | (551,508) | ||
Other assets | 2 | (2) | |
Incentive fees payable to Managing Owner | (1,178,364) | 1,078,104 | |
Management fees payable to Managing Owner | 163,653 | (21,652) | (13,274) |
Interest payable to Managing Owner | (18,894) | (14,098) | 3,857 |
Trading fees payable to Managing Owner | 32,737 | (4,285) | 2,846 |
Service fees payable to Managing Owner | (5,052) | (8,331) | (301) |
Risk analysis fees payable | 12,215 | ||
Payables to related parties | (31,638) | 15,177 | 11,402 |
Other liabilities | 2,878 | ||
Net cash provided by (used in) operating activities | 291,145 | 1,836,904 | 7,954,908 |
Cash Flows from Financing Activities: | |||
Proceeds from sale of units | 159,082 | 175,616 | 457,445 |
Payment for redemption of units | (1,708,602) | (3,124,668) | (5,673,701) |
Pending owner additions | (13,524) | (1,979) | 3,589 |
Advance on unrealized Swap Appreciation | |||
Owner redemptions payable | (28,509) | 29,769 | (54,998) |
Net cash provided by (used in) financing activities | (1,591,553) | (2,921,262) | (5,267,665) |
Net increase (decrease) in cash and cash equivalents | (1,300,408) | (1,084,358) | 2,687,243 |
Cash and cash equivalents, beginning of period | 2,928,616 | 4,012,974 | 1,325,731 |
Cash and cash equivalents, end of period | 1,628,208 | 2,928,616 | 4,012,974 |
Equinox Frontier Winton Fund [Member] | US Treasury Securities [Member] | |||
Change in: | |||
Net realized gain/(loss) on investments | (1,975,992) | (230,502) | 59,132 |
Net unrealized gain/(loss) on investments | 1,697,773 | 600,814 | (2,248,070) |
(Purchases) sales of: | |||
Sales of Investments | 12,826,803 | 8,047,027 | 12,579,837 |
Purchase of Investments | (5,237,808) | (4,444,636) | (3,006,874) |
Equinox Frontier Heritage Fund [Member] | |||
Cash Flows from Operating Activities: | |||
Net increase/(decrease) in capital resulting from operations | (84,545) | (242,385) | 3,781,955 |
Change in: | |||
Net change in open trade equity/(deficit), at fair value | |||
Net change in ownership allocation of U.S. Treasury securities | 6,880 | 389,760 | (329,908) |
Increase and/or decrease in: | |||
Receivable from futures commission merchants | |||
Change in control of ownership - trading companies | (1,003,733) | 186,259 | 154,754 |
Investments in unconsolidated trading companies, at fair value | (1,362,538) | 137,800 | 345,880 |
Interest receivable | 26,517 | 8,845 | 16,459 |
Receivable from related parties | (107,442) | ||
Other assets | 2 | (2) | |
Incentive fees payable to Managing Owner | (239,327) | 223,916 | |
Management fees payable to Managing Owner | 35,011 | (6,454) | (671) |
Interest payable to Managing Owner | (3,646) | (3,477) | (5,224) |
Trading fees payable to Managing Owner | 10,496 | (1,219) | (536) |
Service fees payable to Managing Owner | (2,350) | (2,157) | (4,521) |
Risk analysis fees payable | |||
Payables to related parties | (4,416) | 1,238 | 1,903 |
Other liabilities | 18,083 | ||
Net cash provided by (used in) operating activities | (1,103,522) | 707,133 | 4,439,622 |
Cash Flows from Financing Activities: | |||
Proceeds from sale of units | 35,716 | 43,000 | 271,191 |
Payment for redemption of units | (1,017,408) | (1,079,229) | (4,235,128) |
Pending owner additions | (3,251) | (130) | 504 |
Advance on unrealized Swap Appreciation | 1,900,000 | ||
Owner redemptions payable | (84,355) | 62,947 | 21,408 |
Net cash provided by (used in) financing activities | 830,702 | (973,412) | (3,942,025) |
Net increase (decrease) in cash and cash equivalents | (272,820) | (266,279) | 497,597 |
Cash and cash equivalents, beginning of period | 655,319 | 921,598 | 424,001 |
Cash and cash equivalents, end of period | 382,499 | 655,319 | 921,598 |
Equinox Frontier Heritage Fund [Member] | US Treasury Securities [Member] | |||
Change in: | |||
Net realized gain/(loss) on investments | (395,730) | (52,675) | 19,370 |
Net unrealized gain/(loss) on investments | 386,234 | 137,580 | (615,266) |
(Purchases) sales of: | |||
Sales of Investments | 2,939,044 | 1,818,125 | 3,621,880 |
Purchase of Investments | (1,129,741) | (1,004,975) | (665,088) |
Equinox Frontier Heritage Fund [Member] | Swap [Member] | |||
Change in: | |||
Net unrealized gain/(loss) on investments | (431,146) | (419,803) | (2,105,281) |
Frontier Trading Company I, LLC | |||
Cash Flows from Operating Activities: | |||
Net increase/(decrease) in capital resulting from operations | 3,853,996 | 9,626,503 | 18,165,908 |
Change in: | |||
Net change in open trade equity/(deficit), at fair value | 517,791 | 2,376,408 | (174,792) |
Increase and/or decrease in: | |||
Receivable from futures commission merchants | 15,540,015 | 544,018 | (6,262,089) |
Interest receivable | |||
Risk analysis fees payable | 1,155 | ||
Interest payable | (1,816) | (211) | (334) |
Net cash provided by (used in) operating activities | 20,117,139 | 12,459,461 | 11,797,778 |
Cash Flows from Financing Activities: | |||
Capital Contributed | 175,068,296 | 152,936,600 | 157,856,619 |
Capital Distributed | (195,185,435) | (165,396,061) | (169,654,397) |
Net cash provided by (used in) financing activities | (20,117,139) | (12,459,461) | (11,797,778) |
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 | Swap [Member] | |||
Change in: | |||
Net realized gain/(loss) on investments | |||
Net unrealized gain/(loss) on investments | 261,320 | ||
Frontier Trading Company II, LLC | |||
Cash Flows from Operating Activities: | |||
Net increase/(decrease) in capital resulting from operations | 991,398 | 3,942,397 | 21,528,940 |
Change in: | |||
Net change in open trade equity/(deficit), at fair value | (622,945) | 2,873,705 | 848,009 |
Increase and/or decrease in: | |||
Receivable from futures commission merchants | (5,252,127) | (1,893,306) | 2,361,317 |
Interest receivable | 217 | 204 | 155 |
Risk analysis fees payable | 12,215 | ||
Interest payable | (421) | ||
Net cash provided by (used in) operating activities | (4,871,242) | 4,923,000 | 24,738,000 |
Cash Flows from Financing Activities: | |||
Capital Contributed | 173,832,267 | 32,277,000 | 12,312,000 |
Capital Distributed | (168,961,025) | (37,200,000) | (37,050,000) |
Net cash provided by (used in) financing activities | 4,871,242 | (4,923,000) | (24,738,000) |
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 Vii Llc [Member] | |||
Cash Flows from Operating Activities: | |||
Net increase/(decrease) in capital resulting from operations | 4,700,375 | 4,220,713 | (558,018) |
Change in: | |||
Net change in open trade equity/(deficit), at fair value | (6,328,119) | 9,951,838 | (12,349,140) |
Increase and/or decrease in: | |||
Receivable from futures commission merchants | 14,330,819 | (7,636,501) | 574,114 |
Interest receivable | |||
Risk analysis fees payable | |||
Interest payable | (238) | 68 | 6 |
Net cash provided by (used in) operating activities | 12,702,837 | 6,458,393 | (3,794,871) |
Cash Flows from Financing Activities: | |||
Capital Contributed | 20,283,579 | 54,479,000 | 37,505,000 |
Capital Distributed | (32,986,416) | (60,937,393) | (33,710,129) |
Net cash provided by (used in) financing activities | (12,702,837) | (6,458,393) | 3,794,871 |
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 unrealized gain/(loss) on investments | 45,277 | ||
Frontier Trading Company Xiv Llc [Member] | |||
Cash Flows from Operating Activities: | |||
Net increase/(decrease) in capital resulting from operations | 1,046,799 | (985,611) | 4,544,325 |
Change in: | |||
Net change in open trade equity/(deficit), at fair value | 34,484 | 990,384 | (318,684) |
Net change in options written, at fair value | |||
Increase and/or decrease in: | |||
Receivable from futures commission merchants | 3,409,216 | 273,327 | (859,653) |
Interest receivable | 211 | (211) | |
Risk analysis fees payable | |||
Interest payable | (389) | (988) | |
Net cash provided by (used in) operating activities | 4,490,710 | 277,500 | 3,365,000 |
Cash Flows from Financing Activities: | |||
Capital Contributed | 3,205,916 | 7,272,500 | 21,580,000 |
Capital Distributed | (7,696,626) | (7,550,000) | (24,945,000) |
Net cash provided by (used in) financing activities | (4,490,710) | (277,500) | (3,365,000) |
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 XV, LLC | |||
Cash Flows from Operating Activities: | |||
Net increase/(decrease) in capital resulting from operations | 2,149,396 | 57,767 | 2,877,056 |
Change in: | |||
Net change in open trade equity/(deficit), at fair value | (180,154) | 1,196,577 | 5,197,268 |
Net change in options written, at fair value | (865,940) | ||
Increase and/or decrease in: | |||
Receivable from futures commission merchants | 5,073,766 | 460,832 | (484,173) |
Interest receivable | 68 | 657 | |
Risk analysis fees payable | 2,303 | ||
Interest payable | 148 | 156 | (68) |
Net cash provided by (used in) operating activities | 7,045,459 | 1,715,400 | 6,724,800 |
Cash Flows from Financing Activities: | |||
Capital Contributed | 7,836,616 | 975,100 | 23,175,200 |
Capital Distributed | (14,817,369) | (2,690,500) | (29,900,000) |
Net cash provided by (used in) financing activities | (6,980,753) | (1,715,400) | (6,724,800) |
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 | Swap [Member] | |||
Change in: | |||
Net realized gain/(loss) on investments | |||
Net unrealized gain/(loss) on investments | (14,228) | ||
Frontier Trading Company XXIII, LLC | |||
Cash Flows from Operating Activities: | |||
Net increase/(decrease) in capital resulting from operations | 1,951,672 | 836,116 | 7,478,302 |
Change in: | |||
Net change in open trade equity/(deficit), at fair value | (27,706) | 921,311 | (825,760) |
Net change in options written, at fair value | |||
Increase and/or decrease in: | |||
Receivable from futures commission merchants | 3,093,791 | (462,427) | 1,552,458 |
Interest receivable | |||
Risk analysis fees payable | |||
Interest payable | |||
Net cash provided by (used in) operating activities | 5,017,757 | 1,295,000 | 8,205,000 |
Cash Flows from Financing Activities: | |||
Capital Contributed | 8,295,740 | 17,805,000 | 3,895,000 |
Capital Distributed | (13,313,497) | (19,100,000) | (12,100,000) |
Net cash provided by (used in) financing activities | (5,017,757) | (1,295,000) | (8,205,000) |
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] | |||
Cash Flows from Operating Activities: | |||
Net increase/(decrease) in capital resulting from operations | 134,424 | (1,588,899) | (598,455) |
Change in: | |||
Net change in open trade equity/(deficit), at fair value | 4,750 | (284,591) | 279,840 |
Increase and/or decrease in: | |||
Receivable from futures commission merchants | 1,014,896 | 931,466 | (1,946,362) |
Interest payable | 24 | (23) | |
Net cash provided by (used in) operating activities | 1,154,070 | (942,000) | (2,265,000) |
Cash Flows from Financing Activities: | |||
(Decresse) increase in advance on unrealized swap appreciation | |||
Capital Contributed | 2,207,000 | 4,042,000 | 2,265,000 |
Capital Distributed | (3,361,070) | (3,100,000) | |
Net cash provided by (used in) financing activities | (1,154,070) | 942,000 | 2,265,000 |
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 Xxxiv Llc [Member] | |||
Cash Flows from Operating Activities: | |||
Net increase/(decrease) in capital resulting from operations | (218,073) | 374,013 | 5,912,879 |
Change in: | |||
Net change in open trade equity/(deficit), at fair value | |||
Increase and/or decrease in: | |||
Receivable from futures commission merchants | 687,693 | (687,693) | |
Interest payable | (602) | 601 | |
Net cash provided by (used in) operating activities | 150,537 | (2,895,000) | |
Cash Flows from Financing Activities: | |||
(Decresse) increase in advance on unrealized swap appreciation | 4,926,555 | ||
Capital Contributed | 11,282,015 | 25,645,000 | |
Capital Distributed | (4,926,555) | (11,432,552) | (22,750,000) |
Net cash provided by (used in) financing activities | (150,537) | 2,895,000 | |
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 Xxxiv Llc [Member] | Swap [Member] | |||
Change in: | |||
Net unrealized gain/(loss) on investments | (218,073) | 910,567 | 8,120,787 |
Frontier Trading Company Xxxv Llc [Member] | |||
Cash Flows from Operating Activities: | |||
Net increase/(decrease) in capital resulting from operations | (48,003) | 2,115,441 | 3,132,777 |
Change in: | |||
Net change in open trade equity/(deficit), at fair value | |||
Increase and/or decrease in: | |||
Receivable from futures commission merchants | |||
Interest payable | |||
Net cash provided by (used in) operating activities | |||
Cash Flows from Financing Activities: | |||
(Decresse) increase in advance on unrealized swap appreciation | 2,500,000 | ||
Capital Contributed | |||
Capital Distributed | (2,500,000) | ||
Net cash provided by (used in) financing activities | |||
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 | (48,003) | 2,115,441 | 3,132,777 |
Frontier Trading Company Xxxvii Llc [Member] | |||
Cash Flows from Operating Activities: | |||
Net increase/(decrease) in capital resulting from operations | (111,959) | (300,633) | 1,176,515 |
Change in: | |||
Net change in open trade equity/(deficit), at fair value | |||
Increase and/or decrease in: | |||
Receivable from futures commission merchants | |||
Interest receivable | |||
Interest payable | |||
Net cash provided by (used in) operating activities | (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 | (115,000) | ||
Net cash provided by (used in) financing activities | 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 | (111,959) | 699,367 | 1,176,515 |
Frontier Trading Company XXXVIII, LLC | |||
Cash Flows from Operating Activities: | |||
Net increase/(decrease) in capital resulting from operations | (2,413,347) | (3,624,988) | (741,848) |
Change in: | |||
Net change in open trade equity/(deficit), at fair value | 304,878 | 1,064,165 | 2,151,472 |
Increase and/or decrease in: | |||
Receivable from futures commission merchants | 2,670,015 | 274,677 | 415,299 |
Interest receivable | (11,184,103) | ||
Interest payable | (198) | 146 | (175) |
Net cash provided by (used in) operating activities | (10,622,755) | (2,286,000) | 1,824,748 |
Cash Flows from Financing Activities: | |||
(Decresse) increase in advance on unrealized swap appreciation | |||
Capital Contributed | 17,027,822 | 14,336,000 | 14,825,252 |
Capital Distributed | (6,405,067) | (12,050,000) | (16,650,000) |
Net cash provided by (used in) financing activities | 10,622,755 | 2,286,000 | (1,824,748) |
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 | Private Investment Companies [Member] | |||
Change in: | |||
Net unrealized gain/(loss) on investments | 2,384,103 | ||
Frontier Trading Company XXXIX, LLC | |||
Cash Flows from Operating Activities: | |||
Net increase/(decrease) in capital resulting from operations | 431,145 | 419,803 | 2,105,282 |
Change in: | |||
Net change in open trade equity/(deficit), at fair value | |||
Increase and/or decrease in: | |||
Receivable from futures commission merchants | 3,500 | ||
Interest receivable | |||
Interest payable | |||
Net cash provided by (used in) operating activities | |||
Cash Flows from Financing Activities: | |||
(Decresse) increase in advance on unrealized swap appreciation | 1,900,000 | ||
Capital Contributed | |||
Capital Distributed | (1,900,000) | ||
Net cash provided by (used in) financing activities | |||
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 | Swap [Member] | |||
Change in: | |||
Net unrealized gain/(loss) on investments | $ 438,145 | $ 419,803 | $ 2,108,782 |
Organization and Purpose
Organization and Purpose | 6 Months Ended | 12 Months Ended |
Dec. 31, 2016 | Dec. 31, 2016 | |
Equinox Frontier Funds [Member] | ||
Organization and Purpose | 1. Organization and Purpose Equinox 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: Equinox Frontier Diversified Fund, Equinox Frontier Masters Fund, Equinox Frontier Long/Short Commodity Fund, Equinox Frontier Balanced Fund, Equinox Frontier Select Fund, Equinox Frontier Winton Fund, and Equinox 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 Equinox Frontier Diversified Fund, Equinox Frontier Masters Fund, and Equinox 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 Equinox Frontier Balanced Fund, Equinox Frontier Heritage Fund, Equinox Frontier Select Fund, and Equinox 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; provided, however, that investors who redeem all or a portion of their Class 1 and 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 three percent (3.0%) 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. 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 Equinox Frontier Diversified Fund, and Equinox Frontier Masters Fund or Class 2a Units of the Equinox 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 Equinox Frontier Long/Short Commodity Fund or Equinox 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, 2016, the Trust, with respect to the Equinox Frontier Diversified Fund and Equinox Frontier Masters Fund separates Units into three separate Classes—Class 1, Class 2, and Class 3. The Trust, with respect to the Equinox Frontier Select Fund, Equinox Frontier Winton Fund and Equinox Frontier Heritage Fund separates Units into three separate Classes—Class 1, Class 2, and Class 1AP. The Trust, with respect to the Equinox Frontier Long/Short Commodity Fund separates Units into a maximum of five separate Classes—Class 1a, Class 2, Class 3, Class 2a and Class 3a. The Trust, with respect to the Equinox Frontier Balanced Fund separates Units into a maximum of five Classes—Class 1, Class 1AP, Class 2, Class 2a and Class 3a. Between April 15, 2016 and December 31, 2016, a portion of the interests in Frontier Trading Company I, LLC and all of the interests in Frontier Trading Company VII, LLC, and Frontier Trading Company XXIII, LLC held by Equinox Frontier Diversified Fund, Equinox Frontier Masters Fund, Equinox Frontier Balanced Fund, and Equinox Frontier Long/Short Commodity Fund were exchanged for equivalent interests in Galaxy Plus. 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, 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 Master Funds in Galaxy Plus. Each Master Fund is sponsored and operated by Gemini Alternative Funds, LLC. 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. 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. | |
Series Of Frontier Fund [Member] | ||
Organization and Purpose | 1. Organization and Purpose Equinox 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 its Managing Owner, Equinox 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, in relation to the Series, has been organized to pool assets of 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, in relation to the Series, 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: Equinox Frontier Diversified Fund, Equinox Frontier Masters Fund, Equinox Frontier Long/Short Commodity Fund, Equinox Frontier Balanced Fund, Equinox Frontier Select Fund, Equinox Frontier Winton Fund, and Equinox 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 Equinox Frontier Diversified Fund, Equinox Frontier Masters Fund, and Equinox 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 Equinox Frontier Balanced Fund, Equinox Frontier Heritage Fund, Equinox Frontier Select Fund, and Equinox 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; provided, however, that investors who redeem all or a portion of their Class 1 and 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 three percent (3.0%) 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. 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 Equinox Frontier Diversified Fund, and Equinox Frontier Masters Fund or Class 2a Units of the Equinox 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 Equinox Frontier Long/Short Commodity Fund or Equinox 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, 2016, the Trust, with respect to the Equinox Frontier Diversified Fund and Equinox Frontier Masters Fund, separates Units into three separate Classes—Class 1, Class 2, and Class 3. The Trust, with respect to the Equinox Frontier Select Fund Equinox Frontier Winton Fund and Equinox Frontier Heritage separates Units into a maximum of three separate Classes- Class 1, Class 2 and Class 1AP. The Trust, with respect to the Equinox 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 Equinox 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 December 31, 2016, a portion of the interests in Frontier Trading Company I, LLC and all of the interests in Frontier Trading Company VII, LLC, and Frontier Trading Company XXIII LLC held by Equinox Frontier Diversified Fund, Equinox Frontier Masters Fund, Equinox Frontier Balanced Fund and Equinox 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, 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, 2016, Equinox 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 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”). Equinox 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. 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 ADG Master Fund | ||
Organization and Purpose | Note 1. Organization and Structure Galaxy Plus Fund – ADG Systematic Macro Master Fund (530) LLC (the “Master Fund”) was formed in Delaware as a limited liability company on April 20, 2016 and commenced operation on July 5, 2016. The Master Fund was created to serve as the trading entity managed by ADG Capital Management, L.L.C. (the “Trading Advisor”) pursuant to its ADG Systematic Macro Fund Program (the “Program”). The fund employs a systematic macro strategy that aims to generate excess returns by reallocating capital between asset classes. 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 – ADG Systematic Macro Feeder Fund (530) (“LLC530”), a separated series of the Onshore Platform and Galaxy Plus Fund – ADG Systematic Offshore Feeder Fund (530) Segregated Portfolio (“SPC530”), a segregated portfolio of the Offshore Platform, can each invest in the Master Fund. As of December 31, 2016, SPC530 has not yet commenced operations. LLC530 and SPC530 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, 2016 | |
Equinox Frontier Funds [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. 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— 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— Recently Adopted Accounting Pronouncements— In February, 2015, the FASB issued Accounting Standards Update (ASU) No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis. ASU 2015-02 provides guidance on the consolidation evaluation for reporting organizations that are required to evaluate whether they should consolidate certain legal entities such as limited partnerships, limited liability corporations, and securitization structures (collateralized debt obligations, collateralized loan obligations, and mortgage-backed security transactions). ASU 2015-02 is effective for periods beginning after December 15, 2015. The adoption of ASU 2015-02 does not have a material effect on the Trust financial statements. Subsequent Events Subsequent Events |
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, 2016, the consolidated statement of financial condition of Equinox Frontier Balanced Fund included the assets and liabilities 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 Equinox 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 up to the date that those Trading Companies ceased operations. 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, 2016 and December 31, 2015, the consolidated statement of financial condition of Equinox Frontier Long/Short Commodity Fund included the assets and liabilities of its majority owned Trading Company, Frontier Trading Company XXXVII, LLC. For the year ended December 31, 2015, the consolidated statement of operations of Equinox 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 Equinox Frontier Long/Short Commodity Fund included the earnings of its majority owned Trading Company listed above through the date that the Trading Company ceased operations and Frontier Trading Company VII LLC through April 28, 2016. As of December 31, 2016 and December 31, 2015, the consolidated statement of financial condition of Equinox Frontier Diversified Fund included the assets and liabilities of its majority owned Frontier Trading Company XXXV, LLC. For the year ended December 31, 2015, the consolidated statement of operations of Equinox Frontier Diversified Fund included the earnings of its majority owned Trading Company listed above and the earnings of Frontier Trading Company I, LLC from January 1, 2015 to August 10, 2015. For the year ended December 31, 2016, the consolidated statement of operations of Equinox Frontier Diversified Fund included the earnings of its majority owned Trading Company listed above. As of and for the years ended December 31, 2016 and December 31, 2015, the consolidated statement of financial condition and statement of operations of Equinox Frontier Heritage Fund included the assets and liabilities, and earnings, respectively, of its majority owned Trading Company, Frontier Trading Company XXXIX, LLC. As of and for the year ended December 31, 2015, the consolidated statement of financial condition and statement of operations of Equinox Frontier Select Fund included the assets and liabilities, and earnings, respectively, of its majority owned Trading Company, Frontier Trading Company XV, LLC except for the earnings from January 1, 2015 to January 2, 2015. For the year ended December 31, 2016, the consolidated statement of operations of Equinox Frontier Select Fund included the earnings of its majority owned Trading Company listed above. As of and for the year ended December 31, 2016 and 2015, the consolidated statement of financial condition and statement of operations of Equinox Frontier Winton Fund included the assets and liabilities, and earnings, respectively, of its majority owned Trading Company, Frontier Trading Company II, LLC. As of and for the year ended December 31, 2016 and 2015, Equinox 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. 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 Galaxy Plus. 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 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— Recently Adopted Accounting Pronouncements In February, 2015, the FASB issued Accounting Standards Update (ASU) No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis. ASU 2015-02 provides guidance on the consolidation evaluation for reporting organizations that are required to evaluate whether they should consolidate certain legal entities such as limited partnerships, limited liability corporations, and securitization structures (collateralized debt obligations, collateralized loan obligations, and mortgage-backed security transactions). ASU 2015-02 is effective for periods beginning after December 15, 2015. The adoption of ASU 2015-02 does not have a material effect on the Series financial statements. 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 Use of Estimates— 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 Investments and Swaps Income Taxes Income Taxes Fees and Expenses Recently Adopted Accounting Pronouncement— Subsequent Events Subsequent Events |
Fair Value Measurements
Fair Value Measurements | 12 Months Ended |
Dec. 31, 2016 | |
Equinox Frontier Funds [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. Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent) 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, 2016 and 2015, segregated by the level of valuation inputs within the fair value hierarchy utilized to measure fair value: 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 Total December 31, 2015 Level 1 Inputs Level 2 Inputs Level 3 Inputs Fair Value Open Trade Equity (Deficit) $ (4,424,290 ) $ 75,418 $ — $ (4,348,872 ) Swap Contracts — — 40,136,065 40,136,065 U.S. Treasury Securities 117,478,438 — — 117,478,438 Purchased Options — 526,288 — 526,288 Written Options — (165,760 ) — (165,760 ) 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, 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 Purchases of investments — Sales of investments — Transfers in and/or out of Level 3 — Balance of recurring Level 3 assets as of December 31, 2016 $ 40,189,178 For the Year ended December 31, 2015 Balance of recurring Level 3 assets as of January 1, 2015 $ 35,990,887 Total gains or losses (realized/unrealized): Included in earnings-realized — Included in earnings-unrealized 3,145,178 Purchases of investments 1,000,000 Sales of investments — Transfers in and/or out of Level 3 — Balance of recurring Level 3 assets as of December 31, 2015 $ 40,136,065 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, 2016 and 2015, 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, 2016: Swaps $ 53,113 The total change in unrealized appreciation (depreciation) included in the statements of operations attributable to level 3 investments still held at December 31, 2015: Swaps $ 3,145,177 The total change in unrealized appreciation (depreciation) included in the statements of operations attributable to level 3 investments still held at December 31, 2014. 2014 Swaps $ 14,535,358 |
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 Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent) The following table summarizes the instruments that comprise the Trust, with respect to the Series, financial asset portfolio, by Series, measured at fair value on a recurring basis as of December 31, 2016 and December 31, 2015 segregated by the level of valuation inputs within the fair value hierarchy utilized to measure fair value. Investments in private investment companies are valued utilizing the net asset values provided by the underlying private investment companies as a practical expedient. Each Series applies the practical expedient to its investments in private investment companies on an investment-by-investment basis, and consistently with the Series entire position in a particular investment, unless it is probable that the Series will sell a portion of an investment at an amount different from the net asset value of the investment. Total December 31, 2016 Level 1 Inputs Level 2 Inputs Level 3 Inputs Fair Value Equinox 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 Equinox 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 Equinox Frontier Long/Short Commodity Fund Swap Contracts — — 4,220,468 4,220,468 Equinox 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 Equinox 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 Equinox 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 Total December 31, 2015 Level 1 Inputs Level 2 Inputs Level 3 Inputs Fair Value Equinox Frontier Diversified Fund Investment in Unconsolidated Trading Companies $ 15,844,097 $ 250,110 $ — $ 16,094,207 Swap Contracts — — 8,685,849 8,685,849 U.S. Treasury Securities 27,604,916 — — 27,604,916 Equinox Frontier Masters Fund Investment in Unconsolidated Trading Companies 9,383,235 26,695 — 9,409,930 U.S. Treasury Securities 11,953,206 — — 11,953,206 Equinox Frontier Long/Short Commodity Fund Investment in Unconsolidated Trading Companies 3,355,174 59,489 — 3,414,663 Swap Contracts — — 4,332,428 4,332,428 U.S. Treasury Securities 4,792,817 — — 4,792,817 Equinox Frontier Balanced Fund Investment in Unconsolidated Trading Companies 17,357,475 266,493 — 17,623,968 Open Trade Equity (Deficit) 11,530 — — 11,530 Swap Contracts — — 19,157,520 19,157,520 U.S. Treasury Securities 41,148,676 — — 41,148,676 Equinox Frontier Select Fund Investment in Unconsolidated Trading Companies 213,921 — 3,933,919 4,147,840 Open Trade Equity (Deficit) 462,339 — — 462,339 U.S. Treasury Securities 1,852,429 — — 1,852,429 Equinox Frontier Winton Fund Investment in Unconsolidated Trading Companies 297,554 — — 297,554 Open Trade Equity (Deficit) 599,579 — — 599,579 U.S. Treasury Securities 24,617,817 — — 24,617,817 Equinox Frontier Heritage Fund Investment in Unconsolidated Trading Companies 1,403,461 2,125 — 1,405,586 Swap Contracts — — 7,960,268 7,960,268 U.S. Treasury Securities 5,508,577 — — 5,508,577 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, 2016 and 2015, all identified Level 3 assets were components of the Equinox Frontier Diversified Fund, Equinox Frontier Long/Short Commodity Fund, Equinox Frontier Balanced Fund, Equinox Frontier Select Fund, and Equinox Frontier Heritage Fund. 2016: For the Year Ended December 31, 2016 Swaps: Equinox Frontier Equinox Frontier Diversified Fund Long/Short Commodity Fund Equinox Frontier 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 Equinox 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: Equinox 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 2015: For the Year Ended December 31, 2015 Swaps: Equinox Frontier Equinox Frontier Long/Short Equinox Frontier Diversified Fund Commodity Fund Balanced Fund Balance of recurring Level 3 assets as of January 1, 2015 $ 6,570,408 $ 3,633,060 $ 18,246,954 Total gains or losses (realized/unrealized): Included in earnings-realized — — — Included in earnings-unrealized 2,115,441 (300,632 ) 910,566 Purchases of investments — 1,000,000 — Sales of investments — — — Change in ownership allocation of total return swaps — — — Transfers in and/or out of Level 3 — — — Balance of recurring Level 3 assets as of December 31, 2015 $ 8,685,849 $ 4,332,428 $ 19,157,520 Equinox Frontier Heritage Fund Balance of recurring Level 3 assets as of January 1, 2015 $ 7,540,465 Total gains or losses (realized/unrealized): Included in earnings-realized — Included in earnings-unrealized 419,803 Purchases of investments — Sales of investments — Change in ownership allocation of total return swaps — Transfers in and/or out of Level 3 — Balance of recurring Level 3 assets as of December 31, 2015 $ 7,960,268 Investments in Unconsolidated Trading Companies: Equinox Frontier Select Fund Balance of recurring Level 3 assets as of January 1, 2015 $ 3,539,498 Change in fair value of investments in unconsolidated trading companies 394,421 Proceeds from sales of investments of unconsolidated trading companies — Purchases of investments of unconsolidated trading companies — Change in ownership allocation — Transfers in and/or out of Level 3 — Balance of recurring Level 3 assets as of December 31, 2015 $ 3,933,919 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, 2016 and year ended December 31, 2015, 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 Equinox Frontier Heritage Fund and the Equinox Frontier Select Fund jointly own the Frontier Brevan Howard swap. The Equinox 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, 2016: Equinox Frontier Equinox Frontier Long/Short Commodity Equinox Frontier Equinox Frontier Diversified Fund Fund Balanced Fund Heritage Fund 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: Equinox Frontier Equinox Frontier Long/Short Commodity Equinox Frontier Equinox Frontier Diversified Fund Fund Balanced Fund Heritage Fund 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: Equinox Frontier Equinox Frontier Long/Short Commodity Equinox Frontier Equinox Frontier Diversified Fund Fund Balanced Fund Heritage Fund Swaps $ 3,132,776 $ 1,176,514 $ 8,120,996 $ 2,105,281 |
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 Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent) 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, 2016 and 2015, segregated by the level of valuation inputs within the fair value hierarchy utilized to measure fair value: 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 Total December 31, 2015 Level 1 Inputs Level 2 Inputs Level 3 Inputs Fair Value Frontier Trading Company I LLC Open Trade Equity (Deficit) $ 755,452 $ — $ — $ 755,452 Options Purchased — 371,758 — 371,758 Options Written — (165,760 ) — (165,760 ) Frontier Trading Company II LLC Open Trade Equity (Deficit) 599,579 — — 599,579 Frontier Trading Company VII LLC Open Trade Equity (Deficit) (6,482,499 ) — — (6,482,499 ) Options Purchased — 154,380 — 154,380 Frontier Trading Company XIV, LLC Open Trade Equity (Deficit) 34,848 — — 34,848 Frontier Trading Company XV, LLC Open Trade Equity (Deficit) 462,340 — — 462,340 Frontier Trading Company XXIII, LLC Open Trade Equity (Deficit) (27,706 ) — — (27,706 ) Frontier Trading Company XXIX, LLC Open Trade Equity (Deficit) 4,750 — — 4,750 Frontier Trading Company XXXIV, LLC Swap Contracts — — 19,157,522 19,157,522 Frontier Trading Company XXXIX, LLC Swap Contracts — — 7,960,269 7,960,269 Frontier Trading Company XXXV, LLC Swap Contracts — — 8,685,850 8,685,850 Frontier Trading Company XXXVII, LLC Swap Contracts — — 4,332,427 4,332,427 Frontier Trading Company XXXVIII, LLC Open Trade Equity (Deficit) 304,878 — — 304,878 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, 2016 and 2015, all identified level three assets are 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, 2016 December 31, 2016 Balance of recurring Level 3 assets as of December 31, 2015 $ 19,157,522 $ 7,960,269 Total gains or losses (realized/unrealized): Included in earnings-realized — — Included in earnings-unrealized (218,073 ) 431,145 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 XXXV LLC XXXVII, LLC For The Year Ending For The Year Ending December 31, 2016 December 31, 2016 Balance of recurring Level 3 assets as of December 31, 2015 $ 8,685,850 $ 4,332,427 Total gains or losses (realized/unrealized): Included in earnings-realized — — Included in earnings-unrealized (48,003 ) (111,959 ) 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 Frontier Trading Company Frontier Trading Company XXXIV LLC XXXIX, LLC For The Year Ending For The Year Ending December 31, 2015 December 31, 2015 Balance of recurring Level 3 assets as of January 1, 2015 $ 18,246,955 $ 7,540,466 Total gains or losses (realized/unrealized): Included in earnings-realized — — Included in earnings-unrealized 910,567 419,803 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, 2015 $ 19,157,522 $ 7,960,269 Frontier Trading Company Frontier Trading Company XXXV LLC XXXVII, LLC For The Year Ending For The Year Ending December 31, 2015 December 31, 2015 Balance of recurring Level 3 assets as of January 1, 2015 $ 6,570,409 $ 3,633,060 Total gains or losses (realized/unrealized): Included in earnings-realized — — Included in earnings-unrealized 2,115,441 (300,633 ) Included in other comprehensive income — — Purchases, sales, issuances, and settlements, net — 1,000,000 Transfers in and/or out of Level 3 — — Balance of recurring Level 3 assets as of December 31, 2015 $ 8,685,850 $ 4,332,427 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, 2016 and 2015, the Trust did not transfer any assets between Level 1, Level 2 or Level 3. |
Swaps
Swaps | 12 Months Ended |
Dec. 31, 2016 | |
Equinox Frontier Funds [Member] | |
Swaps | 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, 2016 and 2015, approximately 10.2% and $22,866,000 and 9.3% or $22,873,000, 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, 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 Trust had invested in the following swaps as of and for the year ended December 31, 2015: 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 $12,663,283 $22,580,043 $13,851,707 $1,877,592 Termination Date 3/26/2018 8/2/2018 8/2/2018 8/7/2018 Cash Collateral $5,993,000 $9,600,000 $3,400,000 $3,880,000 Swap Value $1,967,269 $9,557,519 $5,285,749 $452,428 Investee Returns Total Returns Total Returns Total Returns Total Returns Realized Gain/(Loss) $0 $0 $0 $0 Change in Unrealized Gain/(Loss) $419,803 $910,566 $2,115,441 ($300,633) Fair Value as of 12/31/2015 $7,960,269 $19,157,519 $8,685,749 $4,332,428 |
Series Of Frontier Fund [Member] | |
Swaps | 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, 2016 and December 31, 2015, 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, 2016, the Equinox Frontier Balanced Fund, the Equinox Frontier Diversified Fund, the Equinox Frontier Long/Short Commodity Fund and Equinox Frontier Heritage Fund, had $4,926,555, $2,500,000, $115,000, and $1,900,000, respectively, in cash holdings as shown in the Fund’s 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, 2016: Equinox Frontier Diversified Equinox Frontier Long/Short Equinox Frontier Balanced Fund Fund Commodity Fund Equinox 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) The Series have invested in the following swaps as of and for the year ended December 31, 2015: Equinox Frontier Diversified Equinox Frontier Long/Short Equinox Frontier Balanced Fund Fund Commodity Fund Equinox 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 $12,663,283 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 $5,993,000 Swap Value $9,557,519 $5,285,849 $452,428 $1,967,269 Investee Returns Total Returns Total Returns Total Returns Total Returns Realized Gain/(Loss) $0 $0 $0 $0 Change in Unrealized Gain/(Loss) $910,566 $2,115,441 ($300,633) $419,803 Fair Value as of 12/31/2015 $19,157,519 $8,685,849 $4,332,428 $7,960,269 |
The Trading Companies of the Equinox Frontier Funds [Member] | |
Swaps | 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, 2016, 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 Fund’s Statements of Financial Conditions under advance on unrealized swap appreciation, which relates to the Trading Companies’ total return swaps with Deutsche Bank AG. 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) The Trading Companies have invested in the following swaps as of December 31, 2015. 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 $12,663,283 $22,580,043 $13,851,707 $1,877,592 Termination Date 3/26/2018 8/2/2018 8/2/2018 8/7/2018 Cash Collateral $5,993,000 $9,600,000 $3,400,000 $3,880,000 Swap Value $1,967,269 $9,557,519 $5,285,850 $452,428 Investee Returns Total Returns Total Returns Total Returns Total Returns Realized Gain/(Loss) $0 $0 $0 $0 Change in Unrealized Gain/(Loss) $419,803 $910,566 $2,115,441 ($300,633) Fair Value as of 12/31/2015 $7,960,269 $19,157,519 $8,685,850 $4,332,428 |
Investments in Unconsolidated T
Investments in Unconsolidated Trading Companies and Private Investment Companies | 12 Months Ended |
Dec. 31, 2016 | |
Equinox Frontier Funds [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 following table summarizes each of the Trust’s investments in Private Investment Companies as of December 31, 2016: As of December 31, 2016 Percentage of Trust Total Capital Invested in Private Investment Companies Fair Value Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 5.28 % $ 11,559,976 Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC 5.23 % 11,465,608 Galaxy Plus Fund - Doherty Feeder Fund (528) LLC 2.98 % 6,526,957 Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC 5.10 % 11,174,877 Galaxy Plus Fund - QIM Feeder Fund (526) LLC 9.33 % 20,442,933 Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC 8.78 % 19,226,675 Galaxy Plus Fund - Quest Feeder Fund (517) LLC 1.78 % 3,899,040 Galaxy Plus Fund - Quest Fit Feeder Fund (517) LLC 5.11 % 11,197,020 Galaxy Plus Fund - Aspect Feeder Fund (532) LLC 2.12 % 4,643,329 Galaxy Plus Fund - LRR Feeder Fund (522) LLC 3.46 % 7,580,703 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, 2016: Year Ended December 31, 2016 Change in Trading Realized Unrealized Net Income Commissions Gain/(Loss) Gain/(Loss) (Loss) Galaxy Plus Fund - Aspect Feeder Fund (532) LLC (8,385 ) (85,177 ) (263,109 ) (356,671 ) Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC (367,710 ) 539,213 (525,101 ) (353,598 ) Galaxy Plus Fund - Doherty Feeder Fund (528) LLC (65,781 ) 232,189 23,963 190,371 Galaxy Plus Fund - Emil van Essen STP Feeder Fund (516) LLC (700,058 ) 4,144,776 (1,535,573 ) 1,909,145 Galaxy Plus Fund - FORT Global Managed Futures Feeder Fund (510) LLC (184,486 ) (906,497 ) (385,352 ) (1,476,335 ) Galaxy Plus Fund - LRR Feeder Fund (522) LLC — — 321,705 321,705 Galaxy Plus Fund - QIM Feeder Fund (526) LLC (340,988 ) 4,675,449 333,203 4,667,664 Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC (382,100 ) (113,301 ) (7,765 ) (503,166 ) Galaxy Plus Fund - Quest Feeder Fund (517) LLC (126,009 ) (1,711,068 ) 235,515 (1,601,562 ) Galaxy Plus Fund - Quest FIT Feeder Fund (535) LLC (27,048 ) 2,328,567 134,141 2,435,659 Total $ (2,202,565 ) $ 9,104,151 $ (1,668,373 ) $ 5,233,212 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 Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 24 hours Weekly None Galaxy Plus Fund - LRR Feeder Fund (522) LLC 24 hours Weekly None Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC 24 hours Weekly None Trend Following Galaxy Plus Fund - Aspect Feeder Fund (532) LLC 24 hours Weekly None Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC 24 hours Weekly None Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC 24 hours Weekly None Galaxy Plus Fund - QIM Feeder Fund (526) LLC 24 hours Weekly None Galaxy Plus Fund - Quest Feeder Fund (517) LLC 24 hours Weekly None Option Trading Galaxy Plus Fund - Doherty Feeder Fund (528) LLC 24 hours Weekly None |
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 and Private Investment Companies as of December 31, 2016 and 2015: As of December 31, 2016 As of December 31, 2015 Percentage of Percentage of Series Total Series Total Capital Invested Capital Invested in Unconsolidated Trading and in Unconsolidated Trading and Series Private Investment Companies Fair Value Private Investment Companies Fair Value Equinox Frontier Diversified Fund — Frontier Trading Companies II and XXXVIII 7.44 % $ 4,201,628 28.89 % $ 16,094,207 Galaxy Plus Fund - Chesapeake Feeder Fund (518) 11.33 % 6,399,628 — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 6.30 % 3,558,715 — — Galaxy Plus Fund - Doherty Feeder Fund (528) LLC 4.27 % 2,412,065 — — Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC 7.27 % 4,103,564 — — Galaxy Plus Fund - QIM Feeder Fund (526) LLC 13.85 % 7,819,114 — — Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC 15.23 % 8,600,401 — — Galaxy Plus Fund - Quest Feeder Fund (517) 5.31 % 2,996,494 — — Galaxy Plus Fund - Aspect Feeder Fund (532) LLC 3.29 % 1,856,786 — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC 1.95 % 1,099,207 — — Equinox Frontier Masters Fund — Frontier Trading Companies II, XV and XXXVIII 38.79 % $ 6,678,106 33.94 % $ 9,409,930 Galaxy Plus Fund - Chesapeake Feeder Fund (518) 20.12 % 3,455,090 — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 12.81 % 2,198,618 — — Equinox Frontier Long/Short Commodity Fund — Frontier Trading Company XXXVIII — $ — 26.08 % $ 3,414,663 Galaxy Plus Fund - Chesapeake Feeder Fund (518) 17.39 % 1,610,890 — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 17.40 % 1,611,845 — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC 37.70 % 3,492,407 — — Equinox Frontier Balanced Fund — Frontier Trading Companies II and XXXVIII 7.25 % $ 5,965,331 19.81 % $ 17,623,968 Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 5.09 % 4,190,798 — — Galaxy Plus Fund - Aspect Feeder Fund (532) LLC 3.39 % 2,786,543 — — Galaxy Plus Fund - Doherty Feeder Fund (528) LLC 5.00 % 4,114,892 — — Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC 8.59 % 7,071,313 — — Galaxy Plus Fund - QIM Feeder Fund (526) LLC 15.34 % 12,623,819 — — Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC 12.91 % 10,626,274 — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC 3.63 % 2,989,088 — — Galaxy Plus Fund - Quest Feeder Fund (517) 1.10 % 902,546 — — Equinox Frontier Select Fund — Frontier Trading Companies XXXVIII and XXXIX 24.33 % $ 3,910,866 31.67 % $ 4,147,840 Equinox Frontier Winton Fund — Frontier Trading Company XXXVIII 9.96 % $ 4,072,450 20.82 % $ 7,274,269 Equinox Frontier Heritage Fund — Frontier Trading Companies II and XXXVIII 20.48 % $ 2,744,640 13.45 % $ 1,405,586 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, 2016, 2015 and 2014: Year Ended December 31, 2016 Year Ended December 31, 2015 Year Ended December 31, 2014 Trading Commissions Realized Gain/(Loss) Change in Unrealized Gain/(Loss) Net Income (Loss) Trading Commissions Realized Gain/(Loss) Change in Unrealized Gain/(Loss) Net Income (Loss) Trading Commissions Realized Gain/(Loss) Change in Unrealized Gain/(Loss) Net Income (Loss) Equinox 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 ) $ (56,592 ) $ 861,109 $ (449,346 ) $ 355,167 Frontier Trading Company II LLC (41,971 ) 375,453 (167,387 ) 166,096 (14,685 ) 1,025,202 (406,220 ) 604,297 (18,020 ) 3,293,893 (112,838 ) 3,163,035 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 (411,960 ) 202,844 (189,827 ) (398,943 ) Frontier Trading Company XIV, LLC — — — — — — — — (176,563 ) 453,928 (194,219 ) 83,146 Frontier Trading Company XV, LLC — — — — — — — — (35,322 ) 226,177 (719,332 ) (528,477 ) Frontier Trading Company XXIII, LLC (35,775 ) 705,939 (7,381 ) 662,782 (74,373 ) 591,314 (260,757 ) 256,184 (56,661 ) 2,355,129 250,228 2,548,696 Frontier Trading Company XXXVIII, LLC (27,594 ) (774,261 ) 219,387 (582,468 ) (32,830 ) (469,048 ) (312,060 ) (813,938 ) (42,802 ) 491,468 (534,467 ) (85,801 ) Galaxy Plus Fund - Aspect Feeder Fund (532) LLC (3,869 ) (34,071 ) (105,274 ) (143,214 ) — — — — — — — — Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC (149,772 ) 298,066 (250,532 ) (102,238 ) — — — — — — — — Galaxy Plus Fund - Doherty Feeder Fund (528) LLC (27,745 ) 85,845 9,802 67,902 — — — — — — — — Galaxy Plus Fund - Emil van Essen STP Feeder Fund (516) LLC (183,726 ) 1,333,450 (536,657 ) 613,067 — — — — — — — — Galaxy Plus Fund - FORT Global Managed Futures Feeder Fund (510) LLC (77,260 ) (333,316 ) (134,742 ) (545,318 ) — — — — — — — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC — — 168,157 168,157 — — — — — — — — Galaxy Plus Fund - QIM Feeder Fund (526) LLC (150,214 ) 1,801,432 126,477 1,777,695 — — — — — — — — Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC (187,460 ) (50,960 ) (3,553 ) (241,973 ) — — — — — — — — Galaxy Plus Fund - Quest Feeder Fund (517) LLC (100,928 ) (1,316,487 ) 181,341 (1,236,074 ) — — — — — — — — Total $ (1,327,363 ) $ 3,319,746 $ 1,407,263 $ 3,399,647 $ (611,359 ) $ 6,525,696 $ (5,072,429 ) $ 841,908 $ (797,920 ) $ 7,884,548 $ (1,949,801 ) $ 5,136,823 Equinox 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 $ (29,964 ) $ 2,475,252 $ 846,879 $ 3,292,168 Frontier Trading Company II LLC (47,472 ) 224,660 (93,987 ) 83,200 (9,119 ) 572,163 (270,658 ) 292,386 (12,830 ) 2,110,837 (41,715 ) 2,056,292 Frontier Trading Company XIV, LLC — — — — — — — — (157,662 ) 256,238 (220,014 ) (121,438 ) Frontier Trading Company XV, LLC (81,133 ) 556,129 515,821 990,817 (58,573 ) 672,604 (578,027 ) 36,004 (95,155 ) 1,821,877 (298,358 ) 1,428,364 Frontier Trading Company XXXVIII, LLC (14,141 ) (157,740 ) (2,979 ) (174,860 ) (13,922 ) (268,618 ) (95,734 ) (378,274 ) (21,756 ) 140,219 (295,159 ) (176,696 ) Frontier Trading Company VII, LLC (48,485 ) (371,921 ) 1,208,006 787,600 (173,078 ) 5,008,076 (3,958,426 ) 876,572 (7,353 ) (276,940 ) 424,792 140,499 Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC (137,582 ) 164,544 (213,762 ) (186,800 ) — — — — — — — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC (174,044 ) 803,903 (290,958 ) 338,901 — — — — — — — — Total $ (511,443 ) $ 958,432 $ 1,041,519 $ 1,488,510 $ (274,110 ) $ 7,394,105 $ (5,634,057 ) $ 1,485,938 $ (324,720 ) $ 6,527,483 $ 416,425 $ 6,619,189 Equinox 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 (299,598 ) 1,967,325 (225,547 ) 1,442,177 Frontier Trading Companies XVIII, LLC — — — — — — — — (15,497 ) 72,295 (141,056 ) (84,258 ) Frontier Trading Company XXXVIII, LLC 481 (202,254 ) (106,559 ) (308,333 ) (7,510 ) (34,498 ) (63,213 ) (105,221 ) — — — — Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC (80,356 ) 76,603 (60,807 ) (64,560 ) — — — — — — — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC (144,093 ) 371,651 (44,364 ) 183,194 — — — — — — — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC — — (321,568 ) (321,568 ) — — — — — — — — Total $ (258,847 ) $ 112,919 $ (253,217 ) $ (399,144 ) $ (252,682 ) $ 2,605,490 $ (2,286,767 ) $ 66,041 $ (315,095 ) $ 2,039,620 $ (366,603 ) $ 1,357,919 Equinox 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 $ (297,247 ) $ 5,035,125 $ (115,047 ) $ 4,622,830 Frontier Trading Company II LLC (46,423 ) 503,024 (202,956 ) 253,645 (19,305 ) 1,235,015 (499,116 ) 716,594 (23,501 ) 4,239,577 (319,850 ) 3,896,226 Frontier Trading Company V LLC — — — — — — — — — — — — Frontier Trading Company VII, LLC (97,941 ) (464,066 ) 2,290,012 1,728,005 — — — — (424,248 ) (527,556 ) 479,923 (471,881 ) Frontier Trading Company XIV, LLC — — — — (351,880 ) 5,102,783 (3,041,589 ) 1,709,314 (75,543 ) (1,180,680 ) 610,861 (645,362 ) Frontier Trading Company XV, LLC — — — — (140 ) (89,150 ) 89,443 153 (63,893 ) (160,880 ) (379,890 ) (604,663 ) Frontier Trading Company XVIII, LLC — — — — — — — — (69,979 ) 240,985 (611,413 ) (440,407 ) Frontier Trading Company XXXVIII, LLC (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 — — — — — — (1,538 ) (1,538 ) Galaxy Plus Fund - Aspect Feeder Fund (532) LLC (4,516 ) (51,106 ) (157,835 ) (213,457 ) — — — — — — — — Galaxy Plus Fund - Doherty Feeder Fund (528) LLC (38,036 ) 146,344 14,161 122,469 — — — — — — — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC (198,195 ) 1,635,772 (663,594 ) 773,983 — — — — — — — — Galaxy Plus Fund - FORT Global Managed Futures Feeder Fund (510) LLC (107,226 ) (573,181 ) (250,610 ) (931,017 ) — — — — — — — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC — — 475,116 475,116 — — — — — — — — Galaxy Plus Fund - QIM Feeder Fund (526) LLC (190,774 ) 2,874,017 206,726 2,889,969 — — — — — — — — Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC (194,640 ) (62,341 ) (4,212 ) (261,193 ) — — — — — — — — Galaxy Plus Fund - Quest Feeder Fund (517) LLC (25,081 ) (394,581 ) 54,174 (365,488 ) — — — — — — — — Total $ (1,243,650 ) $ 5,527,232 $ 2,141,586 $ 6,425,168 $ (820,103 ) $ 10,534,837 $ (3,107,463 ) $ 6,607,271 $ (954,411 ) $ 7,646,571 $ (336,954 ) $ 6,355,205 Equinox Frontier Select Fund Frontier Trading Company XV, LLC $ — $ — $ — $ — $ (551 ) $ (27,784 ) $ 2,173 $ (25,285 ) $ (114,984 ) $ 2,118,779 $ 268,057 $ 2,271,852 Frontier Trading Company XXXVIII, LLC (6,694 ) 107,531 15,974 116,811 (2,400 ) (20,889 ) 2,353 (21,812 ) (9,950 ) 48,480 (134,625 ) (96,095 ) Frontier Trading Company XXXIX, LLC (3,394 ) — 255,179 251,785 — — 208,164 208,164 (1,556 ) — 972,201 970,645 Total $ (10,088 ) $ 107,531 $ 271,153 $ 368,596 $ (2,951 ) $ (48,673 ) $ 212,691 $ 161,067 $ (126,490 ) $ 2,167,259 $ 1,105,633 $ 3,146,402 Equinox Frontier Winton Fund Frontier Trading Company II LLC $ — $ — $ — $ — $ (30,241 ) $ 1,667,631 $ (315,582 ) $ 1,321,808 $ (56,653 ) $ 10,628,427 $ (345,639 ) $ 10,226,134 Frontier Trading Company XXXVIII, LLC (47,781 ) (149,255 ) 16,046 (180,989 ) (29,071 ) (537,770 ) (197,417 ) (764,258 ) (35,145 ) 543,298 (319,714 ) 188,439 Total $ (47,781 ) $ (149,255 ) $ 16,046 $ (180,989 ) $ (59,312 ) $ 1,129,861 $ (512,999 ) $ 557,550 $ (91,798 ) $ 11,171,725 $ (665,353 ) $ 10,414,573 Equinox Frontier Heritage Fund Frontier Trading Company II LLC $ (70,018 ) $ 271,702 $ (119,174 ) $ 82,510 $ (9,825 ) $ 656,945 $ (261,763 ) $ 385,357 $ (12,408 ) $ 2,222,268 $ (27,968 ) $ 2,181,892 Frontier Trading Company XXXVIII, LLC (10,777 ) (5,851 ) (10,397 ) (27,026 ) (6,511 ) (117,306 ) (41,273 ) (165,090 ) (9,194 ) 79,780 (115,037 ) (44,451 ) Total $ (80,795 ) $ 265,851 $ (129,571 ) $ 55,484 $ (16,336 ) $ 539,639 $ (303,036 ) $ 220,267 $ (21,602 ) $ 2,302,048 $ (143,005 ) $ 2,137,441 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 Equinox Frontier Diversified Fund Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 24 hours Weekly None Galaxy Plus Fund - LRR Feeder Fund (522) LLC 24 hours Weekly None Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC 24 hours Weekly None Trend Following Galaxy Plus Fund - Aspect Feeder Fund (532) LLC 24 hours Weekly None Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC 24 hours Weekly None Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC 24 hours Weekly None Galaxy Plus Fund - QIM Feeder Fund (526) LLC 24 hours Weekly None Galaxy Plus Fund - Quest Feeder Fund (517) LLC 24 hours Weekly None Option Trading Galaxy Plus Fund - Doherty Feeder Fund (528) LLC 24 hours Weekly None Equinox Frontier Masters Fund Trend Following Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC 24 hours Weekly None Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 24 hours Weekly None Equinox Frontier Long/Short Commodity Fund Trend Following Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC 24 hours Weekly None Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 24 hours Weekly None Galaxy Plus Fund - LRR Feeder Fund (522) LLC 24 hours Weekly None Equinox Frontier Balanced Fund Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 24 hours Weekly None Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC 24 hours Weekly None Galaxy Plus Fund - LRR Feeder Fund (522) LLC 24 hours Weekly None Trend Following Galaxy Plus Fund - Aspect Feeder Fund (532) LLC 24 hours Weekly None Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC 24 hours Weekly None Galaxy Plus Fund - QIM Feeder Fund (526) LLC 24 hours Weekly None Galaxy Plus Fund - Quest Feeder Fund (517) LLC 24 hours Weekly None Option Trading Galaxy Plus Fund - Doherty Feeder Fund (528) LLC 24 hours Weekly None |
The Trading Companies of the Equinox Frontier Funds [Member] | |
Investments in Unconsolidated Trading Companies and Private Investment Companies | 6. Investments in Unconsolidated Trading Companies and 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, 2016, Frontier Trading Company XXXVIII, LLC’s investment into Galaxy Plus Fund – Quest FIT Feeder Fund (535) LLC had a fair value of $11,184,103. For the year ended December 31, 2016, Galaxy Plus Fund – Quest FIT Feeder Fund (535) LLC incurred $78,605 in trading commissions and had $2,328,567 and $134,141 in realized and unrealized trading gains, respectively, for a net income of $2,384,103. 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, 2016 | |
Equinox Frontier Funds [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 Equinox Frontier Balanced Fund Class 1AP Units and Equinox Frontier Balanced Fund Class 2a Units, aggregated, and each of the Equinox Frontier Long/Short Commodity Fund, Equinox Frontier Diversified Fund, and Equinox 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’ net asset value will be greater than the percentage indicated above to the extent that the nominal assets of the Series exceeds its net asset value. The Managing Owner expects that the nominal 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, 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. As of December 31, 2015, the Trust has a payable to the Managing Owner in the amounts of $382,136, $402,943, $162,121, $282,522 and $273,856 for incentive fees, management fees, interest, trading fees, and service fees, respectively. For the year ended December 31, 2016, the Trust paid the Managing Owner $3,068,366, $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. For the year ended December 31, 2014, the Trust paid the Managing Owner $11,993,289, $5,857,792, $4,357,428 and $3,327,096 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, 2016, 2015 and 2014 amounts received or receivable from the Managing Owner for the difference in monthly service fees from the prepaid initial service fees were $87, $28,202, and ($19,369) 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 Equinox Frontier Balanced Fund (Class 1 and Class 2 only), Equinox Frontier Winton Fund, Equinox Frontier Select Fund, and Equinox Frontier Heritage Fund. For the Equinox Frontier Diversified Fund, Equinox Frontier Long/Short Commodity Fund (Class 1a, Class 2a, Class 3a only), Equinox Frontier Masters Fund, and Equinox 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 . Equinox Financial Group, LLC, an affiliate of the Trust, provides management services for the Managing Owner who paid $0, $955,000 and, $1,040,000, respectively, for the years ended December 31, 2016, 2015 and 2014, respectively. Solon Capital, LLC, an affiliate of the Trust, provides product development and marketing services. For these services, the Managing Owner paid Solon Capital, LLC, $776,430, $623,715 and, $1,136,465, respectively, for the years ended December 31, 2016, 2015 and 2014. Equinox Group Distributors LLC, an affiliate under common control of the Managing Owner, serves as wholesaler of the Trust by marketing to broker/dealer organizations. During the year ended December 31, 2016 each Series changed its administrator from BNP Paribas to Gemini Hedge Fund Services, LLC. Gemini Hedge Fund Services, LLC is an affiliate of the Sponsor. During the year ended December 31, 2016, each Series changed its transfer agency provider from Phoenix American Financial Services, Inc. to Gemini Fund Services, LLC. Gemini Fund Services, LLC is an affiliate of the Sponsor. |
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 Equinox Frontier Balanced Fund Class 1AP and 2a Units, aggregated, and each of the Equinox Frontier Long/Short Commodity Fund, Equinox Frontier Diversified Fund and Equinox 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— The management fee as a percentage of the applicable Series’ net asset value will be greater than the percentage indicated above to the extent that the nominal assets of the Series exceeds its net asset value. The Managing Owner expects that the nominal 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 for the years ended December 31, 2016, 2015 and 2014. For the Year Ended December 31, 2016 Incentive Fee Management Fee Service Fee Trading Fee Equinox Frontier Diversified Fund $ 1,144,159 $ 503,844 $ 247,399 $ 1,435,003 Equinox Frontier Masters Fund 245,244 452,071 151,627 537,884 Equinox Frontier Long/Short Commodity Fund 134,601 201,423 66,889 191,525 Equinox Frontier Balanced Fund 1,395,151 494,734 1,833,220 909,129 Equinox Frontier Select Fund 41,072 271,176 351,053 115,267 Equinox Frontier Winton Fund 99,067 1,069,141 681,308 320,680 Equinox 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 Equinox Frontier Diversified Fund $ 2,068,435 $ 983,948 $ 412,335 $ 1,394,350 Equinox Frontier Masters Fund 618,626 696,963 226,790 579,677 Equinox Frontier Long/Short Commodity Fund 322,090 532,836 109,284 243,193 Equinox Frontier Balanced Fund 1,707,167 1,029,988 2,113,776 740,451 Equinox Frontier Select Fund 158,971 304,539 395,169 110,262 Equinox Frontier Winton Fund 715,409 1,199,380 764,354 288,023 Equinox Frontier Heritage Fund 132,676 280,570 287,946 96,359 For the Year Ended December 31, 2014 Incentive Fee Management Fee Service Fee Trading Fee Equinox Frontier Diversified Fund $ 4,461,365 $ 1,042,209 $ 499,021 $ 1,287,161 Equinox Frontier Masters Fund 1,123,545 903,032 309,234 603,389 Equinox Frontier Long/Short Commodity Fund 253,177 821,891 132,136 280,737 Equinox Frontier Balanced Fund 3,620,437 1,092,555 2,027,439 694,288 Equinox Frontier Select Fund 363,142 496,959 394,486 109,839 Equinox Frontier Winton Fund 1,800,488 1,172,990 724,365 263,069 Equinox Frontier Heritage Fund 370,450 327,702 270,399 88,113 The following table summarizes fees payable to the Managing Owner as of December 31, 2016 and 2015. As of December 31, 2016 Incentive Fees Management Fees Interest Fees Service Fees Trading Fees Equinox Frontier Diversified Fund $ — $ 23,496 $ — $ 15,193 $ 147,183 Equinox Frontier Masters Fund — 50,174 — 9,037 57,890 Equinox Frontier Long/Short Commodity Fund — — — 3,542 23,478 Equinox Frontier Balanced Fund — 25,217 21,606 129,956 203,324 Equinox Frontier Select Fund — 21,219 3,518 25,966 18,129 Equinox Frontier Winton Fund — 256,824 30,730 39,370 55,142 Equinox Frontier Heritage Fund — 56,501 7,420 16,457 17,953 As of December 31, 2015 Incentive Fees Management Fees Interest Fees Service Fees Trading Fees Equinox Frontier Diversified Fund $ 204,914 $ 81,940 $ 11,661 $ 17,020 $ 121,065 Equinox Frontier Masters Fund 42,251 54,674 4,957 12,098 48,501 Equinox Frontier Long/Short Commodity Fund 28,408 48,210 1,368 6,841 17,129 Equinox Frontier Balanced Fund 106,563 80,574 77,642 145,576 57,450 Equinox Frontier Select Fund — 22,884 3,549 29,092 8,515 Equinox Frontier Winton Fund — 93,171 49,624 44,422 22,405 Equinox Frontier Heritage Fund — 21,490 11,066 18,807 7,457 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) is paid to the Managing Owner by the Equinox Frontier Balanced Fund (Class 1 and Class 2), Equinox Frontier Winton Fund, Equinox Frontier Select Fund, and Equinox Frontier Heritage Fund. For the Equinox Frontier Diversified Fund, Equinox Frontier Long/Short Commodity Fund (Class 1a, Class 2a, Class 3a only), Equinox Frontier Masters Fund, and Equinox Frontier Balanced Fund (Class 1AP, Class 2a and Class 3a only), 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 following table outlines the amounts paid by each Series to the Managing Owner and its ratio to average net assets for the years ended December 31, 2016, 2015 and 2014: 2016 2015 2014 2016 2015 2014 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 Equinox Frontier Diversified Fund Class 1 $ 9,494 $ 42,063 $ 56,582 0.12 % 0.26 % 0.30 % Equinox Frontier Diversified Fund Class 2 39,041 88,023 81,752 0.11 % 0.26 % 0.28 % Equinox Frontier Diversified Fund Class 3 12,736 20,751 6,433 0.10 % 0.25 % 0.19 % Equinox Frontier Masters Fund Class 1 9,336 27,443 42,395 0.14 % 0.27 % 0.36 % Equinox Frontier Masters Fund Class 2 9,303 22,999 25,486 0.14 % 0.27 % 0.31 % Equinox Frontier Masters Fund Class 3 8,976 14,793 6,663 0.13 % 0.27 % 0.23 % Equinox Frontier Long/Short Commodity Fund Class 2 197 2,633 4,779 0.02 % 0.22 % 0.36 % Equinox Frontier Long/Short Commodity Fund Class 3 1,391 15,721 22,800 0.03 % 0.22 % 0.31 % Equinox Frontier Long/Short Commodity Fund Class 1a 1,108 11,732 18,852 0.03 % 0.22 % 0.32 % Equinox Frontier Long/Short Commodity Fund Class 2a 282 3,498 6,122 0.02 % 0.22 % 0.35 % Equinox Frontier Long/Short Commodity Fund Class 3a 171 1,695 1,454 0.02 % 0.21 % 0.27 % Equinox Frontier Balanced Fund Class 1 450,536 805,984 846,398 0.74 % 1.15 % 1.34 % Equinox Frontier Balanced Fund Class 1AP 5,135 8,750 3,342 0.74 % 1.14 % 0.02 % Equinox Frontier Balanced Fund Class 2 165,519 278,159 275,448 0.73 % 1.14 % 1.34 % Equinox Frontier Balanced Fund Class 2a 828 1,311 1,252 0.15 % 0.23 % 0.25 % Equinox Frontier Balanced Fund Class 3a 3,650 5,976 5,429 0.15 % 0.23 % 0.26 % Equinox Frontier Select Fund Class 1 38,569 65,986 152,289 0.33 % 0.50 % 1.22 % Equinox Frontier Select Fund Class 1AP 135 244 223 0.32 % 0.50 % 0.00 % Equinox Frontier Select Fund Class 2 4,752 7,429 17,051 0.33 % 0.50 % 1.23 % Equinox Frontier Winton Fund Class 1 315,194 450,697 418,922 1.39 % 1.77 % 1.82 % Equinox Frontier Winton Fund Class 1AP 518 676 544 1.39 % 1.77 % 0.02 % Equinox Frontier Winton Fund Class 2 167,500 209,259 188,681 1.39 % 1.62 % 1.75 % Equinox Frontier Heritage Fund Class 1 76,936 113,684 121,694 0.91 % 1.19 % 1.45 % Equinox Frontier Heritage Fund Class 1AP 340 726 337 1.00 % 1.18 % 0.01 % Equinox Frontier Heritage Fund Class 2 26,337 37,732 36,285 0.91 % 1.18 % 1.36 % Total $ 1,347,984 $ 2,237,964 $ 2,341,213 Equinox Financial Group, LLC, an affiliate of the Trust, provides management services for the Managing Owner who paid $0, $955,000 and, $1,040,000, respectively, for the years ended December 31, 2016, 2015 and 2014, respectively. Solon Capital, LLC, an affiliate of the Trust, provides product development and marketing services. For these services, the Managing Owner paid Solon Capital, LLC, $776,430, $623,715 and, $1,136,465, respectively, for the years ended December 31, 2016, 2015 and 2014. Equinox Group Distributors LLC, an affiliate under common control of the Managing Owner, serves as wholesaler of the Trust by marketing to broker/dealer organizations. During the year, Equinox Frontier Long/Short Commodity Fund borrowed from the pooled cash management account to fund a portion of its investments in Galaxy Plus entities. As of December 31, 2016, the Equinox Frontier Long/Short Commodity Fund owes the other Series $1,608,862. Equinox Frontier Long/Short Commodity Fund is being charged an annual interest rate of 0.25% on this borrowing. During the year ended December 31, 2016, each Series changed its administrator from BNP Paribas to Gemini Hedge Fund Services, LLC. Gemini Hedge Fund Services, LLC is an affiliate of the Sponsor. During the year ended December 31, 2016, each Series changed its transfer agency provider from Phoenix American Financial Services, Inc. to Gemini Fund Services, LLC. Gemini Fund Services, LLC is an affiliate of the Sponsor. |
Financial Highlights
Financial Highlights | 12 Months Ended |
Dec. 31, 2016 | |
Equinox Frontier Funds [Member] | |
Financial Highlights | 7. Financial Highlights The following information presents the financial highlights of the Trust for the year ended December 31, 2016, 2015 and 2014. This data has been derived from the information presented in the consolidated financial statements. 2016 2015 2014 Ratios to average net assets (1) Net investment gain/(loss) (1) -5.50 % -6.70 % -9.32 % Expenses before incentive fees (3)(4) 4.48 % 4.90 % 5.17 % Expenses after incentive fees (3)(4) 5.75 % 7.10 % 9.75 % Total return before incentive fees (2) 3.62 % 0.60 % 25.23 % Total return after incentive fees (2) 2.35 % -1.60 % 20.65 % (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 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. 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. |
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, 2016, 2015 and 2014. This data has been derived from the information presented in the financial statements. Equinox Frontier Diversified Fund Equinox Frontier Masters Fund Equinox 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 % Equinox Frontier Balanced Fund Equinox 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 % Equinox Frontier Winton Fund Equinox 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 mangement 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. Equinox Frontier Diversified Fund Equinox Frontier Masters Fund Equinox 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 % Equinox Frontier Balanced Fund Equinox 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 % Equinox Frontier Winton Fund Equinox 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 Diversified Fund (5) Equinox Frontier Masters Fund Equinox 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, 2013 $ 87.10 $ 94.35 $ 84.21 $ 91.83 $ 99.46 $ 91.91 $ 125.26 $ 125.30 $ 92.73 $ 100.34 $ 100.47 Net operating results: Interest income 0.94 1.03 1.01 1.08 1.19 1.16 1.47 1.47 1.09 1.18 1.22 Expenses (13.06 ) (12.11 ) (11.89 ) (11.55 ) (10.53 ) (10.27 ) (9.22 ) (9.26 ) (8.72 ) (7.40 ) (7.64 ) Net gain/(loss) on investments, net of non-controlling interests 38.11 41.40 41.70 35.25 38.41 36.26 20.79 20.83 16.02 17.23 17.72 Net income/(loss) 25.99 30.32 30.82 24.78 29.07 27.15 13.04 13.04 8.39 11.01 11.30 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 Ratios to average net assets (3) Net investment income/(loss) -13.72 % -11.36 % -11.36 % -11.32 % -9.17 % -9.17 % -6.27 % -6.27 % -8.35 % -6.27 % -6.27 % Expenses before incentive fees (4) 6.62 % 4.26 % 4.26 % 8.08 % 5.92 % 5.92 % 6.06 % 6.06 % 8.15 % 6.06 % 6.02 % Expenses after incentive fees (4) 14.78 % 12.41 % 12.41 % 12.49 % 10.34 % 10.34 % 7.46 % 7.46 % 9.54 % 7.46 % 7.46 % Total return before incentive fees (2) 38.00 % 40.29 % 44.75 % 31.40 % 33.64 % 33.96 % 11.80 % 11.80 % 10.44 % 12.37 % 12.68 % Total return after incentive fees (2) 29.84 % 32.14 % 36.60 % 26.98 % 29.23 % 29.54 % 10.41 % 10.41 % 9.05 % 10.97 % 11.25 % Equinox Frontier Balanced Fund (6) Equinox Frontier Select Fund (6) 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, 2013 $ 106.29 $ 102.62 $ 140.49 $ 118.80 $ 118.41 $ 79.86 $ 75.53 $ 104.14 Net operating results: Interest income 0.03 0.03 0.04 0.04 0.04 0.00 0.00 0.00 Expenses (9.48 ) (6.71 ) (8.38 ) (7.17 ) (7.13 ) (7.61 ) (5.48 ) (6.93 ) Net gain/(loss) on investments, net of non-controlling interests 34.70 37.26 47.01 41.35 41.20 23.36 26.77 31.27 Net income/(loss) 25.25 30.58 38.67 34.22 34.11 15.75 21.29 24.34 Net asset value, December 31, 2014 $ 131.54 $ 133.20 $ 179.16 $ 153.02 $ 152.52 $ 95.61 $ 96.82 $ 128.48 Ratios to average net assets (3) Net investment income/(loss) -8.79 % -5.79 % -5.79 % -5.79 % -5.79 % -9.61 % -6.61 % -6.61 % Expenses before incentive fees (4) 4.92 % 1.92 % 1.92 % 1.92 % 1.92 % 7.14 % 4.14 % 4.14 % Expenses after incentive fees (4) 8.82 % 5.82 % 5.82 % 5.82 % 5.82 % 9.61 % 6.61 % 6.61 % Total return before incentive fees (2) 27.65 % 33.69 % 31.42 % 32.70 % 32.70 % 22.20 % 30.66 % 25.85 % Total return after incentive fees (2) 23.76 % 29.80 % 27.53 % 28.80 % 28.81 % 19.72 % 28.19 % 23.37 % Equinox Frontier Winton Fund (6) Equinox Frontier Heritage Fund (6) Class 1 Class 1AP Class 2 Class 1 Class 1AP Class 2 Per unit operating performance (1) Net asset value, December 31, 2013 $ 139.59 $ 138.93 $ 174.17 $ 102.05 $ 98.80 $ 134.21 Net operating results: Interest income 0.00 0.00 0.00 0.00 0.00 0.00 Expenses (17.82 ) (13.99 ) (17.09 ) (10.02 ) (7.36 ) (9.27 ) Net gain/(loss) on investments, net of non-controlling interests 54.18 53.24 69.15 38.25 40.49 51.62 Net income/(loss) 36.36 39.25 52.06 28.23 33.13 42.35 Net asset value, December 31, 2014 $ 175.95 $ 178.18 $ 226.23 $ 130.28 $ 131.93 $ 176.56 Ratios to average net assets (3) Net investment income/(loss) -12.22 % -9.22 % -9.22 % -9.68 % -6.67 % -6.67 % Expenses before incentive fees (4) 7.09 % 4.09 % 4.09 % 6.53 % 3.53 % 3.53 % Expenses after incentive fees (4) 12.22 % 9.22 % 9.22 % 9.68 % 6.67 % 6.67 % Total return before incentive fees (2) 31.18 % 33.38 % 35.02 % 30.81 % 36.68 % 34.70 % Total return after incentive fees (2) 26.05 % 28.25 % 29.89 % 27.66 % 33.53 % 31.56 % (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. (5) Class 3 began operations on February 24, 2014. (6) Class 1AP began operations on July 31, 2014. |
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, 2016, 2015 and 2014. Frontier Trading Frontier Trading Frontier Trading Company I LLC Company II LLC Company VII, LLC (1) 12/31/2016 12/31/2015 12/31/2014 12/31/2016 12/31/2015 12/31/2014 12/31/2016 12/31/2015 12/31/2014 Net Investment Gain -0.01 % -0.11 % -0.12 % 0.04 % 0.02 % 0.03 % 0.05 % -0.02 % -0.03 % Total Return 19.51 % 63.74 % 145.03 % 36.78 % 67.48 % 241.28 % 145.34 % 117.20 % 37.77 % Frontier Trading Frontier Trading Frontier Trading Company XIV, LLC (2) Company XV, LLC Company XXIII, LLC (3) 12/31/2016 12/31/2015 12/31/2014 12/31/2016 12/31/2015 12/31/2014 12/31/2016 12/31/2015 12/31/2014 Net Investment Gain 0.11 % -0.01 % -0.20 % 0.01 % 0.01 % -0.02 % -0.42 % -0.45 % -0.46 % Total Return 75.41 % -27.64 % 159.10 % 32.45 % -0.93 % 19.79 % -99.9 % 48.44 % 2149.00 % Frontier Trading Frontier Trading Frontier Trading Company XXIX, LLC (4) Company XXXIX, LLC Company XXXIV, LLC 12/31/2016 12/31/2015 12/31/2014 12/31/2016 12/31/2015 12/31/2014 12/31/2016 12/31/2015 12/31/2014 Net Investment Gain 0.06 % -0.04 % 0.01 % 0.00 % 0.00 % 0.00 % 0.00 % -0.02 % -0.05 % Total Return -100.00 % -56.27 % -37.15 % 5.02 % -29108.31 % 38.75 % 2.30 % 1.43 % 41.75 % Frontier Trading Frontier Trading Frontier Trading Company XXXV, LLC Company XXXVII, LLC Company XXXVIII, LLC 12/31/2016 12/31/2015 12/31/2014 12/31/2016 12/31/2015 12/31/2014 12/31/2016 12/31/2015 12/31/2014 Net Investment Gain 0.00 % 0.00 % 0.00 % 0.00 % 0.00 % 0.00 % -0.02 % -0.04 % -0.07 % Total Return 7.97 % 32.20 % 91.13 % -2.57 % -2.86 % 47.89 % -71.58 % -58.46 % 85.85 % (1) Trading Company VII ceased trading operations April 28, 2016 (2) Trading Company XIV ceased trading operations April 21, 2016 (3) Trading Company XXIII ceased trading operations July 22, 2016 (4) Trading Company XXIX commenced operations in November 2014 and ceased trading operations January 29, 2016. |
Derivative Instruments and Hedg
Derivative Instruments and Hedging Activities | 12 Months Ended |
Dec. 31, 2016 | |
Equinox Frontier Funds [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, 2016 and 2015 is included in the Consolidated Condensed Schedules of Investments. See Note 4 for further disclosure related to the Trust’s positions in swap contracts. For the years ended December 31, 2016, 2015 and 2014, the monthly average of futures contracts bought was approximately 31,405, 40,214, and 28,999, respectively and sold was approximately 31,157, 40,589, and 28,961 respectively. The following tables summarize the trading revenues for the years ended December 31, 2016, 2015 and 2014 by contract type: Realized Trading Revenue from Futures, Forwards and Options for the Year Ended December 31, 2016 (1) Type of contract Metals $ (5,751,634 ) Currencies 709,961 Energies (1,587,318 ) Agriculturals (575,501 ) Interest rates 13,405,526 Stock indices (2,720,102 ) Realized trading income/(loss) (1) $ 3,480,932 Net Change in Open Trade Equity from Futures, Forwards and Options for the Year Ended December 31, 2016 (2) Type of contract Metals $ 2,331,970 Currencies (686,838 ) Energies 3,220,688 Agriculturals 668,389 Interest rates 1,421,750 Stock indices 396,253 Change in unrealized trading income/(loss) (2) $ 7,352,212 (1) In the Consolidated Statement of Operations under net realized gain/(loss) on futures, forwards and options (2) In the Consolidated Statement of Operations under net change in open trade equity (deficit), at fair value. Realized Trading Revenue from Futures, Forwards and Options for the Year Ended December 31, 2015 (1) 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 Net Change in Open Trade Equity from Futures, Forwards and Options for the Year Ended December 31, 2015 (2) 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) (2) $ (19,985,903 ) (1) In the Consolidated Statement of Operations under net realized gain/(loss) on futures, forwards and options. (2) In the Consolidated Statement of Operations under net change in open trade equity (deficit), at fair value. Realized Trading Revenue from Futures, Forwards and Options for the Year Ended December 31, 2014 (1) Type of contract Metals $ (256,981 ) Currencies 17,899,627 Energies 3,916,742 Agriculturals 1,567,689 Interest rates 29,064,075 Stock indices 4,024,271 Realized trading income/(loss) (1) $ 56,215,423 Net Change in Open Trade Equity from Futures, Forwards and Options for the Year Ended December 31, 2014 (2) Type of contract Metals $ (1,062,356 ) Currencies (3,251,824 ) Energies 2,821,849 Agriculturals 385,834 Interest rates 4,804,024 Stock indices (5,536,926 ) Change in unrealized trading income/(loss) (2) $ (1,839,399 ) (1) In the Consolidated Statement of Operations under net realized gain/(loss) on futures, forwards and options (2) In the Consolidated Statement of Operations under net change in open trade equity (deficit), at fair value. 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, 2016 and 2015: 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 Offsetting of Derivative Assets and Liabilities As of December 31, 2015 Net Amounts Gross Amounts Presented in the Gross Amounts offset in the Statement of of recognized Statement of Financial Derivative Assets Financial Condition Condition Open Trade Equity/(Deficit) $ 2,101,541 $ (6,450,411 ) $ (4,348,870 ) Options Purchased 526,288 — 526,288 Options Written — (165,760 ) (165,760 ) Swap Contracts 40,136,065 — 40,136,065 |
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, 2016 Monthly average contracts: Bought Sold Equinox Frontier Balanced Fund 3,551 3,667 Equinox Frontier Long/Short Commodity Fund 17 7 Equinox Frontier Select Fund 2,403 2,134 Equinox Frontier Winton Fund 646 768 For the Year Ended December 31, 2015 Monthly average contracts: Bought Sold Equinox Frontier Balanced Fund 5,930 6,000 Equinox Frontier Diversified Fund 7,657 7,698 Equinox Frontier Select Fund 2,213 2,285 Equinox Frontier Winton Fund 629 697 For the Year Ended December 31, 2014 Monthly average contracts: Bought Sold Equinox Frontier Long/Short Commodity Fund 3,583 3,892 Equinox Frontier Balanced Fund 8,795 8,811 Equinox Frontier Diversified Fund 9,017 8,941 The following tables summarize the trading revenues for the years ended December 31, 2016, 2015 and 2014 by sector: Realized Trading Revenue from Futures, Forwards and Options for the Year Ended December 31, 2016 Equinox Frontier Long/Short Equinox Frontier Equinox Frontier Equinox Frontier Type of contract Commodity Fund Balanced Fund Select Fund Winton 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 for the Year Ended December 31, 2015 Equinox Frontier Equinox Frontier Equinox Frontier Equinox Frontier Type of contract Diversified Fund Balanced Fund Select Fund Winton 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 Realized Trading Revenue from Futures, Forwards and Options for the Year Ended December 31, 2014 Equinox Frontier Long/Short Equinox Frontier Equinox Frontier Type of contract Commodity Fund Balanced Fund Diversified Fund Metals $ (60,704 ) $ 395,916 $ (137,422 ) Currencies (278,672 ) 4,230,277 2,058,953 Energies (1,920,468 ) 514,658 1,116,359 Agriculturals (252,807 ) 712,902 1,285,340 Interest rates (223,175 ) 10,131,219 7,556,999 Stock indices 154,966 (1,678,771 ) 3,975,474 Realized trading income/(loss) (1) $ (2,580,860 ) $ 14,306,201 $ 15,855,703 (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, 2016 Equinox Frontier Long/Short Equinox Frontier Equinox Frontier Equinox Frontier Type of contract Commodity Fund Balanced Fund Select Fund Winton 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 for the Year Ended December 31, 2015 Equinox Frontier Equinox Frontier Equinox Frontier Equinox Frontier Type of contract Diversified Fund Balanced Fund Select Fund Winton 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 ) Net Change in Open Trade Equity from Futures, Forwards and Options for the Year Ended December 31, 2014 Equinox Frontier Long/Short Equinox Frontier Equinox Frontier Type of contract Commodity Fund Balanced Fund Diversified Fund Metals $ (162,388 ) $ (637,522 ) $ (146,990 ) Currencies (6,439 ) (1,098,156 ) 844,069 Energies 1,631,427 711,051 533,875 Agriculturals (574,982 ) (445,848 ) 17,224 Interest rates 322,580 1,984,817 2,428,862 Stock indices (248,852 ) (889,661 ) (2,255,470 ) Change in unrealized trading income/(loss) (1) $ 961,346 $ (375,319 ) $ 1,421,570 (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, 2016 and 2015. As of December 31, 2016 Net Amounts Gross Amounts of Gross Amounts offset Presented in the recognized in the Statements of Statements of Derivative Assets Financial Condition Financial Condition Equinox Frontier Balanced Fund Open Trade Equity/(Deficit) $ 515,659 $ (277,998 ) $ 237,661 Swap Contracts 18,939,450 — 18,939,450 Equinox Frontier Diversified Fund Swap Contracts $ 8,637,847 $ — $ 8,637,847 Equinox Frontier Long/Short Commodity Fund Swap Contracts $ 4,220,468 $ — $ 4,220,468 Equinox Frontier Heritage Fund Swap Contracts $ 8,391,414 $ — $ 8,391,414 Equinox Frontier Select Fund Open Trade Equity/(Deficit) $ 1,136,504 $ (450,482 ) $ 686,022 Equinox Frontier Winton Fund Open Trade Equity/(Deficit) $ 2,393,850 $ (1,171,326 ) $ 1,222,524 As of December 31, 2015 Net Amounts Gross Amounts of Gross Amounts offset Presented in the recognized in the Statements of Statements of Derivative Assets Financial Condition Financial Condition Equinox Frontier Balanced Fund Open Trade Equity/(Deficit) $ 26,882 $ (15,352 ) $ 11,530 Swap Contracts 19,157,520 — 19,157,520 Equinox Frontier Diversified Fund Swap Contracts $ 8,685,849 $ — $ 8,685,849 Equinox Frontier Long/Short Commodity Fund Swap Contracts $ 4,332,428 $ — $ 4,332,428 Equinox Frontier Heritage Fund Swap Contracts $ 7,960,268 $ — $ 7,960,268 Equinox Frontier Select Fund Open Trade Equity/(Deficit) $ 495,020 $ (32,681 ) $ 462,339 Equinox Frontier Winton Fund Open Trade Equity/(Deficit) $ 768,118 $ (168,539 ) $ 599,579 |
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, 2016 and 2015 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, 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 14,984 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 For the Year Ended December 31, 2014 Monthly average contracts: Bought Sold Frontier Trading Company I LLC 10,431 10,301 Frontier Trading Company II LLC 1,658 1,626 Frontier Trading Company VII LLC 11,107 11,212 Frontier Trading Company XIV LLC 3,156 3,140 Frontier Trading Company XV LLC 4,102 4,066 Frontier Trading Company XXIII LLC 1,981 1,952 Frontier Trading Company XXIX LLC 42 22 Frontier Trading Company XXXIV LLC 1,936 1,938 Frontier Trading Company XXXVIII LLC 1,730 1,622 The following tables summarize the trading revenues for the years ended December 31, 2016, 2015 and 2014, approximately by sector: Realized Trading Revenue from Futures, Forwards, and Options for the Year Ended December 31, 2016 (1) Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of Contract Company I LLC Company II LLC Company VII LLC Company XIV 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 Type of Contract Company XV LLC Company XXIII LLC Company XXIX LLC Company XXXVIII 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 ) Unrealized Trading Revenue from Futures, Forwards, and Options for the Year Ended December 31, 2016 (2) Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of Contract Company I LLC Company II LLC Company VII 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 ) Unrealized trading income/(loss) (2) $ (256,870 ) $ 521,238 $ 6,437,371 $ (34,485 ) Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of Contract Company XV LLC Company XXIII LLC Company XXIX LLC Company XXXVIII 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 Unrealized trading income/(loss) (2) $ 200,590 $ 27,706 $ (4,750 ) $ (79,619 ) (1) In the Statement of Operations under net realized gain/(loss) on futures, forwards and options (2) In the Statement of Operations under net change in open trade equity and net unrealized gain/(loss) on option/swap contracts Realized Trading Revenue from Futures, Forwards and Options for the Year Ended December 31, 2015 (1) Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of contract Company I LLC Company II LLC Company VII, LLC Company XIV, 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 Type of contract Company XV, LLC Company XXIII, LLC Company XXIX, LLC Company XXXIV, 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 Type of contract Company XXXVIII, 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 ) Unrealized Trading Revenue from Futures, Forwards and Options for the Year Ended December 31, 2015 (2) Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of contract Company I LLC Company II LLC Company VII, 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 ) Unrealized trading income/(loss) (2) $ (1,192,808 ) $ (2,873,705 ) $ (12,031,602 ) $ (990,384 ) Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of contract Company XV, LLC Company XXIII, LLC Company XXIX, LLC Company XXXVIII, 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 ) Unrealized trading income/(loss) (2) $ (1,196,519 ) $ (921,311 ) 284,591 (1,064,164 ) (1) In the Statement of Operations under net realized gain/(loss) on futures, forwards and options (2) In the Statement of Operations under net change in open trade equity and net unrealized gain/(loss) on option/swap contracts Realized Trading Revenue from Futures, Forwards and Options for the Year Ended December 31, 2014 (1) Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of contract Company I LLC Company II LLC Company VII, LLC Company XIV, LLC Metals $ (437,457 ) $ 170,841 $ 690,535 $ (882,227 ) Currencies 1,750,349 3,665,521 2,527,403 2,737,165 Energies 1,194,230 5,800,067 (3,255,197 ) 237,904 Agriculturals 1,309,078 (1,089,242 ) (158,431 ) 829,935 Interest rates 10,676,345 12,258,469 123,894 3,297,947 Stock indices 3,172,068 1,689,346 219,589 (1,068,847 ) Realized trading income/(loss) (1) $ 17,664,613 $ 22,495,002 $ 147,793 $ 5,151,877 Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of contract Company XV, LLC Company XXIII, LLC Company XXIX, LLC Company XXXIV, LLC Metals $ 575,380 $ (217,610 ) $ (52,470 ) $ 7,721 Currencies 1,090,109 1,160,826 (94,092 ) (261,257 ) Energies 561,158 (605,056 ) (358,642 ) 180 Agriculturals 949,454 — (24,200 ) — Interest rates 2,379,839 5,823,668 138,650 — Stock indices (875,183 ) 667,519 80,496 (1,806,979 ) Realized trading income/(loss) (1) $ 4,680,757 $ 6,829,347 $ (310,258 ) $ (2,060,335 ) Frontier Trading Type of contract Company XXXVIII, LLC Metals $ (111,695 ) Currencies 5,323,603 Energies 408,068 Agriculturals (248,904 ) Interest rates (5,722,822 ) Stock indices 1,968,275 Realized trading income/(loss) (1) $ 1,616,525 Unrealized Trading Revenue from Futures, Forwards and Options for the Year Ended December 31, 2014 (2) Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of contract Company I LLC Company II LLC Company VII, LLC Company XIV, LLC Metals $ (111,947 ) $ (379,502 ) $ (67,120 ) $ 164,178 Currencies 365,702 (685,924 ) 90,671 (743,778 ) Energies 389,322 526,450 410,565 873,446 Agriculturals (89,486 ) (281,100 ) 967,983 (28,250 ) Interest rates 1,577,387 2,337,987 (432,162 ) 371,048 Stock indices (946,046 ) (2,365,920 ) (409,378 ) (317,959 ) Unrealized trading income/(loss) (2) $ 1,184,932 $ (848,009 ) $ 560,559 $ 318,685 Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of contract Company XV, LLC Company XXIII, LLC (3) Company XXIX, LLC (5) Company XXXVIII, LLC (4 Metals $ (593,950 ) $ 20,878 $ (41,409 ) $ (53,485 ) Currencies (1,724,126 ) (278,910 ) 9,969 (285,427 ) Energies 875,619 2,817 (322,182 ) 65,813 Agriculturals (53,695 ) — (18,006 ) (111,612 ) Interest rates 464,025 1,653,065 61,567 (1,228,893 ) Stock indices (417,885 ) (572,090 ) 30,221 (537,869 ) Unrealized trading income/(loss) (2) $ (1,450,012 ) $ 825,760 $ (279,840 ) $ (2,151,473 ) (1) In the Statement of Operations under net realized gain/(loss) on futures, forwards and options (2) In the Statement of Operations under net change in open trade equity and net unrealized gain/(loss) on option/swap contracts 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, 2016 and 2015. Net Amounts of As of December 31, 2016 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 Net Amounts of As of December 31, 2015 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) $ 795,813 $ (40,361 ) $ 755,452 Options Purchased 371,758 — 371,758 Options Written — (165,760 ) (165,760 ) Frontier Trading Company II, LLC Open Trade Equity/(Deficit) $ 768,117 $ (168,538 ) $ 599,579 Frontier Trading Company VII, LLC Open Trade Equity/(Deficit) $ 11,386 $ (6,493,885 ) $ (6,482,499 ) Options Purchased 154,380 — 154,380 Frontier Trading Company XIV, LLC Open Trade Equity/(Deficit) $ 34,484 $ — $ 34,484 Frontier Trading Company XV, LLC Open Trade Equity/(Deficit) $ 495,021 $ (32,681 ) $ 462,340 Frontier Trading Company XXIII, LLC Open Trade Equity/(Deficit) $ 7,381 $ (35,087 ) $ (27,706 ) Frontier Trading Company XXIX, LLC Open Trade Equity/(Deficit) $ 4,750 $ — $ 4,750 Frontier Trading Company XXXIV, LLC Swap Contracts $ 19,157,522 $ — $ 19,157,522 Frontier Trading Company XXXV, LLC Swap Contracts $ 8,685,850 $ — $ 8,685,850 Frontier Trading Company XXXVII, LLC Swap Contracts $ 4,332,427 $ — $ 4,332,427 Frontier Trading Company XXXVIII, LLC Open Trade Equity/(Deficit) $ 304,878 $ — $ 304,878 Frontier Trading Company XXXIX, LLC Swap Contracts $ 7,960,269 $ — $ 7,960,269 |
Trading Activities and Related
Trading Activities and Related Risks | 12 Months Ended |
Dec. 31, 2016 | |
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 FCMs. Additional deposits may be necessary for any loss on contract value. The Commodity Exchange Act 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. |
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 Commodity Exchange Act, as amended (the “Commodity Exchange Act”) 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. |
The Trading Companies of the Equinox Frontier Funds [Member] | |
Trading Activities and Related Risks | 7. 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 Commodity Exchange Act 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 Equinox 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, 2016 | |
Equinox Frontier Funds [Member] | |
Indemnifications and Guarantees | 9. 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 or bad faith. 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. 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. |
Series Of 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 or bad faith. 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 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. |
The Trading Companies of the Equinox Frontier Funds [Member] | |
Indemnifications and Guarantees | 8. 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, 2016 | |
Equinox Frontier Funds [Member] | |
Subsequent Events | 10. Subsequent Events On December 5, 2016, Equinox Fund Management, LLC (“Equinox”), Frontier Fund Management LLC (the “New Managing Owner”), and Wakefield Advisors, LLC (“Wakefield”) entered into a Unit Purchase Agreement (the “Agreement”). Equinox was the Managing Owner of the Trust and the Series. Pursuant to the Agreement, Equinox agreed to transfer to the New Managing Owner such amount of Equinox’s General Units (as defined in the Trust Agreement) as the Managing Owner shall be required to hold in its capacity as managing owner of the Trust pursuant to the Trust Agreement, and redeem the remainder of Equinox’s General Units (the “Transaction”). The Transaction was consummated on March 6, 2017, and upon consummation of the Transaction, the New Managing Owner became the managing owner of the Trust and each Series, in replacement of Equinox. Consequently, consummation of the Transaction constituted a change of operational control in respect of the Trust and each Series. In connection with the foregoing, the Trust Agreement was amended to effect certain changes to replace Equinox as the Managing Owner and to reflect the New Managing Owner as the new managing owner. Also, the New Managing Owner has temporarily suspended the sale of Units (as defined in the Trust Agreement) while the Managing Owner engages with the Securities and Exchange Commission to have declared effective a post-effective amendment to the Series’ registration statements, as well as approval by the NFA. The Series will file Form 8-K to announce the resumption of the sale of Units, which the New Managing Owner expects will occur shortly. The New Managing Owner is seeking to cause the suspension to be lifted as promptly as practicable. Any forward-looking statements herein are based on expectations of the New Managing Owner at this time. Whether or not actual results and developments will conform to the New Managing Owner’s expectations and predictions, however, is subject to a number of risks and uncertainties, including the special considerations discussed in the Series’ prospectuses, general economic, market and business conditions, changes in laws or regulations or other actions made by governmental authorities or regulatory bodies, and other world economic and political developments. The Series and the New Managing Owner undertake no duty to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. |
Series Of Frontier Fund [Member] | |
Subsequent Events | 11. Subsequent Events On December 5, 2016, Equinox Fund Management, LLC (“Equinox”), Frontier Fund Management LLC (the “New Managing Owner”), and Wakefield Advisors, LLC (“Wakefield”) entered into a Unit Purchase Agreement (the “Agreement”). Equinox was the Managing Owner of the Trust and the Series. Pursuant to the Agreement, Equinox agreed to transfer to the New Managing Owner such amount of Equinox’s General Units (as defined in the Trust Agreement) as the Managing Owner shall be required to hold in its capacity as managing owner of the Trust pursuant to the Trust Agreement, and redeem the remainder of Equinox’s General Units (the “Transaction”). The Transaction was consummated on March 6, 2017, and upon consummation of the Transaction, the New Managing Owner became the managing owner of the Trust and each Series, in replacement of Equinox. Consequently, consummation of the Transaction constituted a change of operational control in respect of the Trust and each Series. In connection with the foregoing, the Trust Agreement was amended to effect certain changes to replace Equinox as the Managing Owner and to reflect the New Managing Owner as the new managing owner. Also, the New Managing Owner has temporarily suspended the sale of Units (as defined in the Trust Agreement) while the Managing Owner engages with the Securities and Exchange Commission to have declared effective a post-effective amendment to the Series’ registration statements, as well as approval by the NFA. The Series will file Form 8-K to announce the resumption of the sale of Units, which the New Managing Owner expects will occur shortly. The New Managing Owner is seeking to cause the suspension to be lifted as promptly as practicable. Any forward-looking statements herein are based on expectations of the New Managing Owner at this time. Whether or not actual results and developments will conform to the New Managing Owner’s expectations and predictions, however, is subject to a number of risks and uncertainties, including the special considerations discussed in the Series’ prospectuses, general economic, market and business conditions, changes in laws or regulations or other actions made by governmental authorities or regulatory bodies, and other world economic and political developments. The Series and the New Managing Owner undertake no duty to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. |
The Trading Companies of the Equinox Frontier Funds [Member] | |
Subsequent Events | 9. Subsequent Events On December 5, 2016, Equinox Fund Management, LLC (“Equinox”), Frontier Fund Management LLC (the “New Managing Owner”), and Wakefield Advisors, LLC (“Wakefield”) entered into a Unit Purchase Agreement (the “Agreement”). Equinox was the Managing Owner of the Trust and the Series. Pursuant to the Agreement, Equinox agreed to transfer to the New Managing Owner such amount of Equinox’s General Units (as defined in the Trust Agreement) as the Managing Owner shall be required to hold in its capacity as managing owner of the Trust pursuant to the Trust Agreement, and redeem the remainder of Equinox’s General Units (the “Transaction”). The Transaction was consummated on March 6, 2017, and upon consummation of the Transaction, the New Managing Owner became the managing owner of the Trust and each Series, in replacement of Equinox. Consequently, consummation of the Transaction constituted a change of control in respect of the Trust and each Series. In connection with the foregoing, the Trust Agreement was amended to effect certain changes to replace Equinox as the Managing Owner and to reflect the New Managing Owner as the new managing owner. Also, the New Managing Owner has temporarily suspended the sale of Units (as defined in the Trust Agreement) while the Managing Owner engages with the Securities and Exchange Commission to have declared effective a post-effective amendment to the Series’ registration statements, as well as approval by the NFA. The Series will file Form 8-K to announce the resumption of the sale of Units, which the New Managing Owner expects will occur shortly. The New Managing Owner is seeking to cause the suspension to be lifted as promptly as practicable. Any forward-looking statements herein are based on expectations of the New Managing Owner at this time. Whether or not actual results and developments will conform to the New Managing Owner’s expectations and predictions, however, is subject to a number of risks and uncertainties, including the special considerations discussed in the Series’ prospectuses, general economic, market and business conditions, changes in laws or regulations or other actions made by governmental authorities or regulatory bodies, and other world economic and political developments. The Series and the New Managing Owner undertake no duty to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. |
Organization and Structure
Organization and Structure | 1 Months Ended | 3 Months Ended | 5 Months Ended | 6 Months Ended | 7 Months Ended | 8 Months Ended | 9 Months Ended | 12 Months Ended | |||
Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | |
Galaxy Plus ADG Master Fund | |||||||||||
Organization and Purpose | Note 1. Organization and Structure Galaxy Plus Fund – ADG Systematic Macro Master Fund (530) LLC (the “Master Fund”) was formed in Delaware as a limited liability company on April 20, 2016 and commenced operation on July 5, 2016. The Master Fund was created to serve as the trading entity managed by ADG Capital Management, L.L.C. (the “Trading Advisor”) pursuant to its ADG Systematic Macro Fund Program (the “Program”). The fund employs a systematic macro strategy that aims to generate excess returns by reallocating capital between asset classes. 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 – ADG Systematic Macro Feeder Fund (530) (“LLC530”), a separated series of the Onshore Platform and Galaxy Plus Fund – ADG Systematic Offshore Feeder Fund (530) Segregated Portfolio (“SPC530”), a segregated portfolio of the Offshore Platform, can each invest in the Master Fund. As of December 31, 2016, SPC530 has not yet commenced operations. LLC530 and SPC530 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 Aspect Master Fund | |||||||||||
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 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, 2016, SPC 532 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 Chesapeake Master Fund | |||||||||||
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, 2016, SPC518 has not yet commenced operations. 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 Doherty Master Fund | |||||||||||
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 (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, 2016, 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 EVE Master Fund | |||||||||||
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 The 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, 2016, SPC 516 had not yet commenced operations. LLC530 and SPC530 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 Master Fort | |||||||||||
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 (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-part 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, 2016, SPC 510 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 LRR Master Fund | |||||||||||
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, 2016, 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, 2016, SPC 522 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 thier 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 QIM Master Fund | |||||||||||
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, 2016, SPC 526 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 Quantmetrics Master Fund | |||||||||||
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, 2016, SPC 527 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 Quest Master Fund | |||||||||||
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, 2016, SPC 517 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 Quest Fit Master Fund | |||||||||||
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, 2016, SPC 535 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 LLC | |||||||||||
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 2016, 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. 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”) 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 – Aspect Feeder Fund (532) LLC (“532”) Galaxy Plus Fund – Quest FIT Feeder Fund (535) LLC (“535”) |
Summary of Significant Accounti
Summary of Significant Accounting Policies | 1 Months Ended | 3 Months Ended | 5 Months Ended | 6 Months Ended | 7 Months Ended | 8 Months Ended | 9 Months Ended | 12 Months Ended | |||
Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | |
Galaxy Plus ADG Master Fund | |||||||||||
Summary of 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 Aspect Master Fund | |||||||||||
Summary of 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: | ||||||||||
Galaxy Plus Chesapeake Master Fund | |||||||||||
Summary of 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: related to unrecognized tax benefits as income tax expense in the statement of operations. During the period, the Master Fund did not accrue any interest or penalties. 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 Doherty Master Fund | |||||||||||
Summary of 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 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 EVE Master Fund | |||||||||||
Summary of 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: | ||||||||||
Galaxy Plus Master Fort | |||||||||||
Summary of 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 LRR Master Fund | |||||||||||
Summary of 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: | ||||||||||
Galaxy Plus QIM Master Fund | |||||||||||
Summary of 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: | ||||||||||
Galaxy Plus Quantmetrics Master Fund | |||||||||||
Summary of 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: | ||||||||||
Galaxy Plus Quest Master Fund | |||||||||||
Summary of 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: | ||||||||||
Galaxy Plus Quest Fit Master Fund | |||||||||||
Summary of 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: | ||||||||||
Galaxy Plus Fund LLC | |||||||||||
Summary of 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: 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: |
Fair Value Measurements24
Fair Value Measurements | 1 Months Ended | 3 Months Ended | 5 Months Ended | 6 Months Ended | 7 Months Ended | 8 Months Ended | 9 Months Ended | 12 Months Ended | |||
Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | |
Galaxy Plus ADG Master Fund | |||||||||||
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, 2016. 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, 2016. 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, 2016. 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: Index $ 95,397 $ 95,397 $ — $ — Interest 62,790 62,790 — — Forward currency contracts: 88,549 — 88,549 — Total investment assets at fair value 246,736 158,187 88,549 — Liabilities: Derivative contracts: Futures contracts: Index (99,439 ) (99,439 ) — — Interest (22,341 ) (22,341 ) — — Forward currency contracts: (108,577 ) — (108,577 ) — Total investment liabilities at fair value (230,357 ) (121,780 ) (108,577 ) — Total net investment at fair value $ 16,379 $ 36,407 $ (20,028 ) $ — | ||||||||||
Galaxy Plus Aspect Master Fund | |||||||||||
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, 2016. 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, 2016. 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, 2016. 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 $ 469 $ 469 $ — $ — Currency 256 256 — — Energy 14,432 14,432 — — Index 64,694 64,694 — — Interest 17,325 17,325 — — Metals 5,609 5,609 — — Total investment assets at fair value 102,785 102,785 — — Liabilities: Derivative contracts: Futures contracts: Agriculture (24,338 ) (24,338 ) — — Currency (116,769 ) (116,769 ) — — Energy (800 ) (800 ) — — Index (82,555 ) (82,555 ) — — Interest (113,586 ) (113,586 ) — — Metals (50,771 ) (50,771 ) — — Total investment liabilities at fair value (388,819 ) (388,819 ) — — Total net investment at fair value $ (286,034 ) $ (286,034 ) $ — $ — | ||||||||||
Galaxy Plus Chesapeake Master Fund | |||||||||||
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, 2016. 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, 2016. 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, 2016. 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 $ 196,586 $ 196,586 $ — $ — Currency 197,951 197,951 — — Energy 3,010 3,010 — — Index 105,124 105,124 — — Interest 46,146 46,146 — — Metals 127,303 127,303 — — Total investment assets at fair value 676,120 676,120 — — Liabilities: Derivative contracts: Futures contracts: Agriculture (239,749 ) (239,749 ) — — Currency (303,640 ) (303,640 ) — — Energy (1,690 ) (1,690 ) — — Index (283,641 ) (283,641 ) — — Interest (104,582 ) (104,582 ) — — Metals (168,670 ) (168,670 ) — — Total investment liabilities at fair value (1,101,972 ) (1,101,972 ) — — Total net investment at fair value $ (425,852 ) $ (425,852 ) $ — $ — | ||||||||||
Galaxy Plus Doherty Master Fund | |||||||||||
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, 2016. 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, 2016. 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, 2016. 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 $ 173,153 $ 173,153 $ — $ — Total investment assets at fair value 173,153 173,153 — — Liabilities: Derivative contracts: Options written on futures contracts: Index (150,655 ) (150,655 ) — — Futures contracts: Index (6,600 ) (6,600 ) — — Total investment liabilities at fair value (157,255 ) (157,255 ) — — Total net investment at fair value $ 15,898 $ 15,898 $ — $ — | ||||||||||
Galaxy Plus EVE Master Fund | |||||||||||
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, 2016. 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, 2016. 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, 2016. 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 $ 926,560 $ 926,560 $ — $ — Energy 4,621,523 4,621,523 — — Interest 60,274 60,274 — — Metals 168,374 168,374 — — Total investment assets at fair value 5,776,731 5,776,731 — — Liabilities: Derivative contracts: Futures contracts: Agriculture (1,091,557 ) (1,091,557 ) — — Energy (5,667,979 ) (5,667,979 ) — — Interest (74,449 ) (74,449 ) — — Metals (192,156 ) (192,156 ) — — Total investment liabilities at fair value (7,026,141 ) (7,026,141 ) — — Total net investment at fair value $ (1,249,410 ) $ (1,249,410 ) $ — $ — | ||||||||||
Galaxy Plus Master Fort | |||||||||||
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, 2016. 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, 2016. 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, 2016. 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 $ 37,882 $ 37,882 $ — $ — Energy 20,329 20,329 — — Index 144,838 144,838 — — Interest 266,315 266,315 — — Metals 800 800 — — Total investment assets at fair value 470,164 470,164 — — Liabilities: Derivative contracts: Futures contracts: Currency (262,088 ) (262,088 ) — — Energy (23,109 ) (23,109 ) — — Index (67,901 ) (67,901 ) — — Interest (271,387 ) (271,387 ) — — Metals (24,005 ) (24,005 ) — — Total investment liabilities at fair value (648,490 ) (648,490 ) — — Total net investment at fair value $ (178,326 ) $ (178,326 ) $ — $ — | ||||||||||
Galaxy Plus LRR Master Fund | |||||||||||
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, 2016. 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, 2016. 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, 2016. 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: Agriculture $ 577,440 $ 577,440 $ — $ — Futures contracts: Agriculture 344,861 344,861 — — Currency 106,710 106,710 — — Energy 18,203 18,203 — — Index 16,640 16,640 — — Interest 10,383 10,383 — — Total investment assets at fair value 1,074,237 1,074,237 — — Liabilities: Derivative contracts: Options written on futures contracts: Agriculture (209,580 ) (209,580 ) — — Futures contracts: Agriculture (62,224 ) (62,224 ) — — Currency (35,735 ) (35,735 ) — — Interest (63,287 ) (63,287 ) — — Metals (178,227 ) (178,227 ) — — Total investment liabilities at fair value (549,053 ) (549,053 ) — — Total net investment at fair value $ 525,184 $ 525,184 $ — $ — | ||||||||||
Galaxy Plus QIM Master Fund | |||||||||||
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, 2016. 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, 2016. 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, 2016. 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 $ 6,194 $ 6,194 $ — $ — Energy 127,499 127,499 — — Index 186,983 186,983 — — Interest 563,253 563,253 — — Metals 33,875 33,875 — — Total investment assets at fair value 917,804 917,804 — — Liabilities: Derivative contracts: Futures contracts: Currency (55,718 ) (55,718 ) — — Energy (886 ) (886 ) — — Index (270,541 ) (270,541 ) — — Interest (222,313 ) (222,313 ) — — Metals (37,203 ) (37,203 ) — — Total investment liabilities at fair value (586,661 ) (586,661 ) — — Total net investment at fair value $ 331,143 $ 331,143 $ — $ — | ||||||||||
Galaxy Plus Quantmetrics Master Fund | |||||||||||
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. As of December 31, 2016, the Master Fund held no investments. 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, 2016. The inputs or methodologies used for valuing investments are not necessarily indicative of the risk associated with investing in those instruments. At December 31, 2016, the Master Fund had held no investments. | ||||||||||
Galaxy Plus Quest Master Fund | |||||||||||
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, 2016. 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, 2016. 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, 2016. 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 $ 50,117 $ 50,117 $ — $ — Currency 25,228 25,228 — — Energy 90,639 90,639 — — Index 130,467 130,467 — — Interest 70,986 70,986 — — Metals 20,700 20,700 — — Total investment assets at fair value 388,137 388,137 — — Liabilities: Derivative contracts: Futures contracts: Agriculture (9,610 ) (9,610 ) — — Currency (68,132 ) (68,132 ) — — Index (25,799 ) (25,799 ) — — Interest (62,941 ) (62,941 ) — — Metals (11,980 ) (11,980 ) — — Total investment liabilities at fair value (178,462 ) (178,462 ) — — Total net investment at fair value $ 209,675 $ 209,675 $ — $ — | ||||||||||
Galaxy Plus Quest Fit Master Fund | |||||||||||
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, 2016. 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, 2016. 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, 2016. 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 $ 21,754 $ 21,754 $ — $ — Currency 27,589 27,589 — — Energy 95,867 95,867 — — Index 181,417 181,417 — — Interest 106,989 106,989 — — Metals 38,480 38,480 — — Total investment assets at fair value 472,096 472,096 — — Liabilities: Derivative contracts: Futures contracts: Agriculture (18,572 ) (18,572 ) — — Currency (104,068 ) (104,068 ) — — Index (17,403 ) (17,403 ) — — Interest (182,105 ) (182,105 ) — — Metals (15,465 ) (15,465 ) — — Total investment liabilities at fair value (337,613 ) (337,613 ) — — Total net investment at fair value $ 134,483 $ 134,483 $ — $ — |
Classes of Interest and Series
Classes of Interest and Series | 12 Months Ended |
Dec. 31, 2016 | |
Galaxy Plus Fund LLC | |
Classes of Interest and Series | Note 3. Classes of Interest and Series Four different classes of Interests (“Interests”) are currently offered by each Fund: Class A, Class B, Class C and Class EF 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. 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. 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. 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. 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 subclass 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, 2016, is as follows: Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - Fund LLC - 510 Series 510 Series 510 Series 516 Series 517 Series Class A Class C Class EF Class EF Class EF Subscriptions $ 2,907,875 $ 66,667 $ 12,651,213 $ 12,442,497 $ 5,500,601 Redemptions (6,755,636 ) — — (2,791,667 ) — Transfers In — — — — — Transfers out — — — — — December 31, 2016 $ (3,847,761 ) $ 66,667 $ 12,651,213 $ 9,650,830 $ 5,500,601 Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - Fund LLC - 518 Series 522 Series 526 Series 526 Series 527 Series Class EF Class EF Class C Class EF Class EF Subscriptions $ 11,819,208 $ 7,668,664 $ 166,667 $ 18,041,130 $ 19,729,842 Redemptions — (409,667 ) — (2,265,861 ) — Transfers In — — — — — Transfers out — — — — — December 31, 2016 $ 11,819,208 $ 7,258,997 $ 166,667 $ 15,775,269 $ 19,729,842 Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - 528 Series 532 Series 535 Series Class EF Class EF Class EF Subscriptions $ 6,336,585 $ 5,000,000 $ 8,800,000 Redemptions — — — Transfers In — — — Transfers out — — — December 31, 2016 $ 6,336,585 $ 5,000,000 $ 8,800,000 Some of the contributions made during the periods ended December 31, 2016 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, 2016, there were no transfers. |
Derivative Financial Instrument
Derivative Financial Instruments | 1 Months Ended | 3 Months Ended | 5 Months Ended | 6 Months Ended | 7 Months Ended | 8 Months Ended | 9 Months Ended | 12 Months Ended | |||
Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | |
Galaxy Plus ADG Master Fund | |||||||||||
Derivative Financial Instruments | 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, 2016. 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 trades forward currency contracts in unregulated markets between principals and assumes the risk of loss from counterparty nonperformance. Accordingly, the risks associated with forward currency contracts are generally greater than those associated with exchange traded contracts because of the greater risk of counterparty default. Additionally, the trading of forward currency contracts typically involves delayed cash settlement. 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, 2016, the Master Fund had open futures contracts with the following notional values by sector: Description Quantity Notional Value Description Quantity Notional Value Long: Short: Index 83 $ 5,718,068 Index 101 $ (5,110,355 ) Interest 70 9,237,013 Interest 50 (5,048,827 ) During the period ended December 31, 2016, the Master Fund participated in 840 futures contract, and 178 forward currency contract transactions. Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Futures contracts: Index $ 833,755 Interest 144,425 Total futures contracts 978,180 Forward currency contracts: (429,699 ) Trading costs (7,565 ) Total net trading gain (loss) 540,916 * Includes both realized gain of $524,537 and unrealized gain of $16,379 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 Aspect Master Fund | |||||||||||
Derivative Financial Instruments | 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, 2016. 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, 2016, 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 $ 200,800 Agriculture 37 $ (833,523 ) Currency 14 1,005,500 Currency 96 (10,153,788 ) Energy 8 409,568 Index 8 (259,054 ) Index 160 12,411,899 Interest 337 (98,099,644 ) Interest 25 3,549,392 Metals 10 (1,046,944 ) Metals 10 732,057 During the period ended December 31, 2016, the Master Fund participated in 551 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 $ (29,808 ) Currency (159,301 ) Energy 14,792 Index (34,488 ) Interest (113,719 ) Metals (48,675 ) Total futures contracts (371,199 ) Trading costs (1,473 ) Total net trading gain (loss) (372,672 ) * Includes both realized loss of ($86,638) and unrealized loss of ($286,034) 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 Chesapeake Master Fund | |||||||||||
Derivative Financial Instruments | 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, 2016. 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, 2016, 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 176 $ 4,295,326 Agriculture 237 $ (4,580,359 ) Currency 169 13,042,755 Currency 188 (19,846,112 ) Energy 7 388,247 Index 123 (839,216 ) Index 2,085 16,290,529 Interest 460 (80,443,020 ) Interest 2 310,850 Metals 12 (970,948 ) Metals 60 4,041,915 During the period ended December 31, 2016, the Master Fund participated in 2,837 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 $ (22,570 ) Currency 558,170 Energy (53,624 ) Index 196,686 Interest (421,152 ) Metals (242,409 ) Total futures 15,101 Trading costs (35,339 ) Total net trading gain (loss) (20,238 ) * Includes both realized gain of $405,614 and unrealized loss 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 Doherty Master Fund | |||||||||||
Derivative Financial Instruments | 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, 2016. 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, 2016, the Master Fund had open futures contracts with the following notional values by sector: Description Quantity Notional Value Long: Index 6 $ 670,875 During the period ended December 31, 2016, the Master Fund participated in 280 futures contract, and 3,687 options on futures contract transactions. Transactions in options written during the period ending December 31, 2016, were as follows: Combined Number of Premiums Contracts Received Options outstanding at July 19, 2016 — $ — Options written 7,603 1,033,536 Options terminated in closing purchase transaction (267 ) (65,527 ) Options expired (5,239 ) (606,413 ) Options exercised (60 ) (15,753 ) Options outstanding at December 31, 2016 2,037 $ 345,843 Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Options on futures contracts: Index $ (78,665 ) Total options on futures contracts (78,665 ) Futures contracts: Index 387,629 Total futures contracts 387,629 Trading costs (19,335 ) Total net trading gain (loss) 289,629 * Includes both realized gain of $212,853 and unrealized gain of $76,776 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 EVE Master Fund | |||||||||||
Derivative Financial Instruments | 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, 2016. 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, 2016, 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 774 $ 25,631,910 Agriculture 774 $ (27,345,460 ) Energy 1,553 78,201,502 Energy 1,859 (99,919,567 ) Interest 232 56,840,000 Interest 232 (57,118,400 ) Metals 144 7,802,070 Metals 72 (4,532,400 ) During the period ended December 31, 2016, the Master Fund participated in 3,234 futures contract, and 24 options on futures contract transactions. Transactions in options written during the period ending December 31, 2016, were as follows: Number of Premiums Contracts Received Options outstanding at April 15, 2016 — $ — Options written 1,784 173,640 Options terminated in closing purchase transaction — — Options expired (1,784 ) (173,640 ) Options exercised — — Options outstanding at December 31, 2016 — $ — Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Options on futures contracts: Energy $ (90,450 ) Total options on future contracts (90,450 ) Futures contracts: Agriculture 412,690 Energy 1,485,335 Interest 109,881 Metals 1,121,772 Total futures contracts 3,129,678 Trading costs (354,496 ) Total net trading gain (loss) 2,684,732 * Includes both realized gain of $3,934,142 and unrealized loss of ($1,249,410) 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 Master Fort | |||||||||||
Derivative Financial Instruments | 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, 2016. 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, 2016, 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 154 8,936,045 Currency 187 $ (18,503,140 ) Energy 19 $ 991,065 Energy 9 (599,766 ) Index 209 16,572,988 Interest 87 (14,575,999 ) Interest 1,799 389,310,282 Metals 8 518,408 During the year ended December 31, 2016, the Master Fund participated in 18,602 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 $ 627,772 Energy (495,058 ) Index 879,821 Interest (1,926,191 ) Metals (2,660 ) Total futures contracts (916,316 ) Trading costs (89,571 ) Total net trading gain (loss) $ (1,005,887 ) * Includes both realized loss of ($827,897) and unrealized loss of ($177,990) 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 LRR Master Fund | |||||||||||
Derivative Financial Instruments | 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, 2016. 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, 2016, 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 281 $ 9,678,311 Agriculture 42 $ (1,091,702 ) Currency 94 6,308,096 Currency 71 (8,840,750 ) Energy 18 650,880 Index 11 (1,728,705 ) Metals 47 3,703,237 Interest 59 (8,841,826 ) During the period ended December 31, 2016, the Master Fund participated in 882 futures contract, and 96 options on futures contract transactions. Transactions in options written during the period ending December 31, 2016, were as follows: Number of Premiums Contracts Received Options outstanding at April 28, 2016 — $ — Options written 939 722,649 Options terminated in closing purchase transaction (421 ) (338,210 ) Options expired (174 ) (24,190 ) Options exercised — — Options outstanding at December 31, 2016 344 $ 360,249 Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Options on futures contracts: Agriculture $ 471,295 Total options on futures contracts 471,295 Futures contracts: Agriculture (91,333 ) Currency 238,953 Energy (96,311 ) Index (82,943 ) Interest 195,280 Metals 73,105 Total futures contracts 236,751 Trading costs (37,240 ) Total net trading gain (loss) 670,806 * Includes both realized gain of $72,602 and unrealized gain of $598,204 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 QIM Master Fund | |||||||||||
Derivative Financial Instruments | 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, 2016. 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, 2016, the Master Fund had open futures contracts with the following notional values by sector: Description Quantity Notional Value Description Quantity Notional Value Long: Short: Energy 107 $ 5,750,480 Currency 77 $ (9,585,868 ) Index 1,199 83,220,998 Index 19 (2,248,308 ) Interest 507 89,166,742 Interest 379 (51,788,857 ) Metals 56 4,835,880 During the period ended December 31, 2016, the Master Fund participated in 15,996 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 $ (72,964 ) Energy (599,938 ) Index 6,853,123 Interest 286,872 Metals (56,901 ) Total futures contracts 6,410,192 Trading costs (90,118 ) Total net trading gain (loss) 6,320,074 * Includes both realized gain of $5,988,931 and unrealized gain of $331,143 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 Quantmetrics Master Fund | |||||||||||
Derivative Financial Instruments | 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, 2016. 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, 2016. During the period ended December 31, 2016, the Master Fund participated in 45,184 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 $ (348,068 ) Index 234,276 Interest 28,147 Total futures (85,645 ) Trading costs (174,832 ) Total net trading gain (loss) (260,477 ) * Includes realized loss of ($260,477) and is located in net realized gain (loss) on investments the statement of operations. Amounts exclude foreign currency transactions and translation. | ||||||||||
Galaxy Plus Quest Master Fund | |||||||||||
Derivative Financial Instruments | 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, 2016. 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, 2016, 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 18 $ 732,117 Agriculture 46 $ (1,067,729 ) Currency 13 1,714,199 Currency 125 (10,354,445 ) Energy 56 2,904,642 Index 6 (444,351 ) Index 131 9,848,493 Interest 391 (101,275,507 ) Interest 49 7,485,508 Metals 10 (940,915 ) Metals 7 444,150 During the period ended December 31, 2016, the Master Fund participated in 3,293 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 $ (70,719 ) Currency (564,186 ) Energy (656,150 ) Index 366,302 Interest (671,396 ) Metals 97,913 Total futures contracts (1,498,236 ) Trading costs (42,555 ) Total net trading gain (loss) $ (1,540,791 ) * Includes both realized loss of ($1,750,466) and unrealized gain of $209,675 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 Quest Fit Master Fund | |||||||||||
Derivative Financial Instruments | 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, 2016. 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, 2016, 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 36 $ 1,220,205 Agriculture 21 $ (655,515 ) Currency 14 1,845,422 Currency 170 (14,304,117 ) Energy 54 3,121,817 Interest 722 (173,451,824 ) Index 201 12,952,702 Metals 14 (1,296,485 ) Metals 11 694,700 During the period ended December 31, 2016, the Master Fund participated in 1,372 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 $ (139,027 ) Currency 730,385 Energy (54,259 ) Index 495,186 Interest 985,234 Metals 462,350 Total futures 2,479,869 Trading costs (24,964 ) Total net trading gain (loss) 2,454,905 * Includes both realized gain of $2,320,422 and unrealized gain of $134,483 and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. |
Management, Incentive, Sponsor
Management, Incentive, Sponsor and Other Fees | 12 Months Ended |
Dec. 31, 2016 | |
Galaxy Plus Fund LLC | |
Management, Incentive, Sponsor and Other Fees | 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: 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 managing owner of the Class EF members have entered into separate agreements with the Trading Advisors in which the managing owner will retain a portion of both the management and incentive fees charged to the Class EF members. During the periods ended December 31, 2016, 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 $ 15,007 $ 89,157 $ 62,579 $ 175,171 $ 81,489 Incentive Fee 26,226 385,717 — 87,723 11,527 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 532 Series 535 Series Management Fee $ 111,745 $ 29,573 $ 23,082 $ 858 $ — Incentive Fee 92,180 — 7,493 — — The amount of management fees and incentive fees due to the managing owner of the class EF members as of December 31, 2016 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 $ 2,552 $ 9,444 $ 8,474 $ 23,810 $ 10,694 Accrued Incentive Fee — 99,665 — — 11,527 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 532 Series 535 Series Accrued Management Fee $ 19,890 $ 4,530 $ 4,348 $ 858 $ — Accrued Incentive Fee 45,933 — 5,771 — — Sponsor Fee: Sales Commission: Operating Expenses: transfer, exchange and withdrawal processing costs; legal, compliance, regulatory, reporting, filing, escrow, accounting and printing fees and expenses; and any other operating or administrative expenses related to accounting, research, due diligence or reporting; however, each Fund will be responsible for paying all of its execution and clearing brokerage commissions; forward and other over-the-counter trading spreads; Fund set-up and organization expenses (which can be capped at the discretion of the Sponsor); bank wire fees; and extraordinary expenses such as litigation and indemnification. Effective December 1, 2016, the Sponsor amended the Offering Memorandum of the Onshore Platform so that expenses related to audit and taxes will be borne by the Funds. The professional services related to the 2016 financial statement audits and 2016 tax return preparation are performed in calendar year 2017. As a result, the 2016 audit and tax fees will be recorded as expenses by the funds in 2017 when these services are performed. |
Notional Funding
Notional Funding | 12 Months Ended |
Dec. 31, 2016 | |
Galaxy Plus Fund LLC | |
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 notional amount of the futures and forward contracts held by such Master Fund to the Trading Level of 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 and forward positions held for such Master Fund. The notional amount of the futures 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 to 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 predefine parameters but is done at the Sponsor’s discretion. |
Balance Sheet Offsetting
Balance Sheet Offsetting | 1 Months Ended | 3 Months Ended | 5 Months Ended | 6 Months Ended | 7 Months Ended | 8 Months Ended | 9 Months Ended | 12 Months Ended | |||
Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | |
Galaxy Plus ADG Master Fund | |||||||||||
Balance Sheet Offsetting | 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 $ 158,187 $ (121,780 ) $ 36,407 Forward currency contracts (108,577 ) 88,549 (20,028 ) Total $ 49,610 $ (33,231 ) $ 16,379 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 $ 16,379 $ 1,555,411 $ 1,571,790 Total $ 16,379 $ 1,555,411 $ 1,571,790 | ||||||||||
Galaxy Plus Aspect Master Fund | |||||||||||
Balance Sheet Offsetting | 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 $ (388,819 ) $ 102,785 $ (286,034 ) Total $ (388,819 ) $ 102,785 $ (286,034 ) 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 $ (286,034 ) $ 2,301,058 $ 2,015,024 Total $ (286,034 ) $ 2,301,058 $ 2,015,024 | ||||||||||
Galaxy Plus Chesapeake Master Fund | |||||||||||
Balance Sheet Offsetting | 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 $ (1,101,972 ) $ 676,120 $ (425,852 ) Total $ (1,101,972 ) $ 676,120 $ (425,852 ) 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 $ (425,852 ) $ 5,814,400 $ 5,388,548 Total $ (425,852 ) $ 5,814,400 $ 5,388,548 | ||||||||||
Galaxy Plus Doherty Master Fund | |||||||||||
Balance Sheet Offsetting | 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 $ (6,600 ) $ — $ (6,600 ) Options purchased on futures contracts 173,153 — 173,153 Options written on futures contracts (150,655 ) — (150,655 ) Total $ 15,898 $ — $ 15,898 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 $ 15,898 $ 496,013 $ 511,911 Total $ 15,898 $ 496,013 $ 511,911 | ||||||||||
Galaxy Plus EVE Master Fund | |||||||||||
Balance Sheet Offsetting | 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 $ (7,026,141 ) $ 5,776,731 $ (1,249,410 ) Total $ (7,026,141 ) $ 5,776,731 $ (1,249,410 ) 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 $ (1,249,410 ) $ 3,039,420 $ 1,790,010 Total $ (1,249,410 ) $ 3,039,420 $ 1,790,010 | ||||||||||
Galaxy Plus Master Fort | |||||||||||
Balance Sheet Offsetting | Note 5. Balance Sheet Offsetting 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 $ (648,490 ) $ 470,164 $ (178,326 ) Total $ (648,490 ) $ 470,164 $ (178,326 ) 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 $ (178,326 ) $ 3,263,570 $ 3,085,244 Total $ (178,326 ) $ 3,263,570 $ 3,085,244 | ||||||||||
Galaxy Plus LRR Master Fund | |||||||||||
Balance Sheet Offsetting | 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 $ 496,797 $ (339,473 ) $ 157,324 Options purchased on futures contracts 577,440 — 577,440 Options written on futures contracts (209,580 ) — (209,580 ) Total $ 864,657 $ (339,473 ) $ 525,184 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 $ 525,184 $ 1,134,600 $ 1,659,784 Total $ 525,184 $ 1,134,600 $ 1,659,784 | ||||||||||
Galaxy Plus QIM Master Fund | |||||||||||
Balance Sheet Offsetting | 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 $ (586,661 ) $ 917,804 $ 331,143 Total $ (586,661 ) $ 917,804 $ 331,143 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 $ 331,143 $ 14,705,935 $ 15,037,078 Total $ 331,143 $ 14,705,935 $ 15,037,078 | ||||||||||
Galaxy Plus Quantmetrics Master Fund | |||||||||||
Balance Sheet Offsetting | 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. There were no offsetting balances as the Master Fund did not hold any investments as of December 31, 2016. | ||||||||||
Galaxy Plus Quest Master Fund | |||||||||||
Balance Sheet Offsetting | 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 $ (178,462 ) $ 388,137 $ 209,675 Total $ (178,462 ) $ 388,137 $ 209,675 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 $ 209,675 $ 2,477,718 $ 2,687,393 Total $ 209,675 $ 2,477,718 $ 2,687,393 | ||||||||||
Galaxy Plus Quest Fit Master Fund | |||||||||||
Balance Sheet Offsetting | 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 $ (337,613 ) $ 472,096 $ 134,483 Total $ (337,613 ) $ 472,096 $ 134,483 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 $ 134,483 $ 4,623,294 $ 4,757,777 Total $ 134,483 $ 4,623,294 $ 4,757,777 | ||||||||||
Galaxy Plus Fund LLC | |||||||||||
Balance Sheet Offsetting | Note 7. Financial Instruments with off-balance sheet risk and concentration of credit risk At December 31, 2016, 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, 2016, is limited to the fair value of its investment in the Master Fund. |
Related Parties
Related Parties | 1 Months Ended | 3 Months Ended | 5 Months Ended | 6 Months Ended | 7 Months Ended | 8 Months Ended | 9 Months Ended | 12 Months Ended | |||
Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | |
Galaxy Plus ADG Master Fund | |||||||||||
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 Aspect Master Fund | |||||||||||
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 Chesapeake Master Fund | |||||||||||
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 Doherty Master Fund | |||||||||||
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 EVE Master Fund | |||||||||||
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 Master Fort | |||||||||||
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 LRR Master Fund | |||||||||||
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 QIM Master Fund | |||||||||||
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 Quantmetrics Master Fund | |||||||||||
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 Quest Master Fund | |||||||||||
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 Quest Fit Master Fund | |||||||||||
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 | 5 Months Ended | 7 Months Ended | 9 Months Ended |
Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | |
Galaxy Plus Chesapeake Master Fund | |||
Subscription in kind | Note 7. Subscription in kind The Master Fund commenced operations on June 7, 2016. The first subscription into the Master Fund was made by LLC518 and was done, in part, via a transfer of assets on that date. LLC518 contributed $94,417 in unrealized appreciation on open futures contracts. | ||
Galaxy Plus Doherty Master Fund | |||
Subscription in kind | Note 7. Subscription in kind The Master Fund commenced operations on July 19, 2016. The first subscription into the Master Fund was made by LLC528 and was done, in part, via a transfer of assets on that date. LLC518 contributed net $75,670 in fair value of options purchased. | ||
Galaxy Plus EVE Master Fund | |||
Subscription in kind | Note 7. Subscription in kind The Master Fund commenced operations on April 28, 2016. The first subscription into the Master Fund was made by LLC522 and was done, in part, via an assumption of liabilities on that date. The Master Fund assumed $27,740 in fair value of options written from LLC522. |
Financial Highlights32
Financial Highlights | 1 Months Ended | 3 Months Ended | 5 Months Ended | 6 Months Ended | 7 Months Ended | 8 Months Ended | 9 Months Ended | 12 Months Ended | |||
Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | |
Galaxy Plus ADG Master Fund | |||||||||||
Financial Highlights | Note 7. Financial Highlights Financial highlights of the Master Fund for the period July 5, 2016 (commencement of operations) through December 31, 2016 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) 5.40 % Ratio to average member’s equity (B): Net investment income (C) 0.23 % 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 loss ratios are computed based upon weighted-average member’s equity as a whole for the period ended December 31, 2016. (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 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. The ratios, excluding nonrecurring expenses, have been annualized. Total return has not been annualized. | ||||||||||
Galaxy Plus Aspect Master Fund | |||||||||||
Financial Highlights | Note 7. Financial Highlights Financial highlights of the Master Fund for the period December 15, 2016 (commencement of operations) through December 31, 2016 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) (7.46 )% 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 loss ratios are computed based upon weighted-average member’s equity as a whole for the period ended December 31, 2016. (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 income 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. The ratios, excluding nonrecurring expenses, have been annualized. Total return has not been annualized. | ||||||||||
Galaxy Plus Chesapeake Master Fund | |||||||||||
Financial Highlights | Note 8. Financial Highlights Financial highlights of the Master Fund for the period June 7, 2016 (commencement of operations) through December 31, 2016 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) (0.46 )% Ratio to average member’s equity (B): Net investment income (C) (0.09 )% 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 loss ratios are computed based upon weighted-average member’s equity as a whole for the period ended December 31, 2016. (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 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. The ratios, excluding nonrecurring expenses, have been annualized. Total return has not been annualized. | ||||||||||
Galaxy Plus Doherty Master Fund | |||||||||||
Financial Highlights | Note 8. Financial Highlights Financial highlights of the Master Fund for the period July 19, 2016 (commencement of operations) through December 31, 2016 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) 4.59 % 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 loss ratios are computed based upon weighted-average member’s equity as a whole for the period ended December 31, 2016. (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 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. | ||||||||||
Galaxy Plus EVE Master Fund | |||||||||||
Financial Highlights | Note 7. Financial Highlights Financial highlights of the Master Fund for the period April 15, 2016 (commencement of operations) through December 31, 2016 are presented in the table below. The information has been derived from information presented in the financial statements. Total Return (A) 21.48 % 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 loss ratios are computed based upon weighted-average member’s equity as a whole for the period ended December 31, 2016. (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 total return and the net investment loss 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. | ||||||||||
Galaxy Plus Master Fort | |||||||||||
Financial Highlights | Note 7. Financial Highlights Financial highlights of the Master Fund for the year ended December 31, 2016 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) 5.30 % Ratio to average member’s equity (B): Net investment income (C ) (0.00 )%* Total expenses 0.00 %* * Amount represents less thant 0.005%. (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 period ended December 31, 2016. (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 total return would have been lower, and the net investment loss 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 LRR Master Fund | |||||||||||
Financial Highlights | Note 8. Financial Highlights Financial highlights of the Master Fund for the period April 28, 2016 (commencement of operations) through December 31, 2016 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) 10.59 % 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 loss ratios are computed based upon weighted-average member’s equity as a whole for the period ended December 31, 2016. (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 total return would have been lower, and the net investment income 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. | ||||||||||
Galaxy Plus QIM Master Fund | |||||||||||
Financial Highlights | Note 7. Financial Highlights Financial highlights of the Master Fund for the period June 22, 2016 (commencement of operations) through December 31, 2016 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) 35.88 % Ratio to average member’s equity (B): Net investment loss(C) (0.07 )% Total expenses 0.07 % (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 period ended December 31, 2016. (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 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. The ratios, excluding nonrecurring expenses, have been annualized. Total return has not been annualized. | ||||||||||
Galaxy Plus Quantmetrics Master Fund | |||||||||||
Financial Highlights | Note 7. Financial Highlights Financial highlights of the Master Fund for the period June 13, 2016 (commencement of operations) through December 31, 2016 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) (1.49 )% Ratio to average member’s equity (B): Net investment loss (C) (0.03 )% Total expenses 0.03 % (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 period ended December 31, 2016. (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 fee, had been charged to the Master Fund. The ratios, excluding nonrecurring expenses, have been annualized. Total return has not been annualized. | ||||||||||
Galaxy Plus Quest Master Fund | |||||||||||
Financial Highlights | Note 7. Financial Highlights Financial highlights of the Master Fund for the period June 29, 2016 (commencement of operations) through December 31, 2016 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) (28.26 )% Ratio to average member’s equity (B): Net investment loss (C) (0.18 )% Total expenses 0.18 % (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 period ended December 31, 2016. (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. The ratios, excluding nonrecurring expenses, have been annualized. Total return has not been annualized. | ||||||||||
Galaxy Plus Quest Fit Master Fund | |||||||||||
Financial Highlights | Note 7. Financial Highlights Financial highlights of the Master Fund for the period September 19, 2016 (commencement of operations) through December 31, 2016 are presented in the table below. The information has been derived from information presented in the financial statements. Total return (A) 27.75 % Ratio to average member’s equity (B): Net investment income (C) (0.07 )% Total expenses 0.07 % (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 period ended December 31, 2016. (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 total return would have been lower, and the net investment loss 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. The ratios, excluding nonrecurring expenses, have been annualized. Total return has not been annualized. | ||||||||||
Galaxy Plus Fund LLC | |||||||||||
Financial Highlights | Note 8. Financial highlights Financial highlights for each Fund and its respective Class(es) for the periods ended December 31, 2016 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 516 Series Class A Class C Class EF Class EF Total return before incentive fee 3.59 % 2.46 % -11.22 % 18.07 % Incentive fee -0.29 % -0.53 % -1.10 % -3.38 % Total return after incentive fee (A) 3.30 % 1.93 % -12.32 % 14.69 % Ratio to average members’ equity (B): Expenses excluding incentive fee 4.04 % 8.37 % 2.26 % 3.88 % * Incentive fee 0.28 % 0.52 % 1.15 % 3.19 % Total expenses and incentive fee 4.32 % 8.89 % 3.41 % 7.07 % Net investment income (loss) (C) -4.32 % -8.89 % 3.41 % -7.07 % * Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - 517 Series 518 Series 522 Series 526 Series Class EF Class EF Class EF Class C Total return before incentive fee -29.59 % -2.25 % 6.22 % 12.42 % Incentive fee 0.00 % -0.79 % -1.25 % -3.66 % Total return after incentive fee (A) -29.59 % -3.04 % 4.97 % 8.76 % Ratio to average members’ equity (B): Expenses excluding incentive fee 3.81 % * 3.27 % * 5.89 % * 2.93 % * Incentive fee 0.00 % 0.73 % 1.35 % 3.54 % Total expenses and incentive fee 3.81 % 4.00 % 7.24 % 6.47 % Net investment income (loss) (C) -3.81 % * -4.00 % * -7.24 % * -6.47 % * Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - 526 Series 527 Series 528 Series 532 Series Class EF Class EF Class EF Class EF Total return before incentive fee 34.45 % -2.53 % 3.85 % -7.60 % Incentive fee -8.29 % 0.00 % -0.82 % 0.00 % Total return after incentive fee (A) 26.16 % -2.53 % 3.03 % -7.60 % Ratio to average members’ equity (B): Expenses excluding incentive fee 2.86 % * 1.98 % * 1.39 % * 3.44 % * Incentive fee 9.24 % 0.00 % 0.81 % 0.00 % Total expenses and incentive fee 12.10 % 1.98 % 2.20 % 3.44 % Net investment income (loss) (C) -12.10 % * -1.98 % * -2.20 % * -3.44 % * Galaxy Plus Fund LLC - 535 Series Class EF Total return before incentive fee 27.08 % Incentive fee 0.00 % Total return after incentive fee (A) 27.08 % Ratio to average members’ equity (B): Expenses excluding incentive fee 1.87 % * Incentive fee 0.00 % Total expenses and incentive fee 1.87 % Net investment income (loss) (C) -1.87 % * * 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, 2016. (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. |
Subsequent Events33
Subsequent Events | 1 Months Ended | 3 Months Ended | 5 Months Ended | 6 Months Ended | 7 Months Ended | 8 Months Ended | 9 Months Ended | 12 Months Ended | |||
Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | |
Galaxy Plus ADG Master Fund | |||||||||||
Subsequent Events | Note 8. Subsequent Events In accordance with FASB ASC 855, Subsequent Events To the best of the knowledge and belief of the undersigned, the information contained in the annual report as of December 31, 2016 and for the period from July 5, 2016 (commencement of operations) to December 31, 2016, is accurate and complete. | ||||||||||
Galaxy Plus Aspect Master Fund | |||||||||||
Subsequent Events | Note 8. Subsequent Events In accordance with FASB ASC 855, Subsequent Events To the best of the knowledge and belief of the undersigned, the information contained in the annual report as of December 31, 2016 and for the period from December 16, 2016 (commencement of operations) to December 31, 2016, is accurate and complete. | ||||||||||
Galaxy Plus Chesapeake Master Fund | |||||||||||
Subsequent Events | Note 9. Subsequent Events In accordance with FASB ASC 855, Subsequent Events To the best of the knowledge and belief of the undersigned, the information contained in the annual report as of December 31, 2016 and for the period from June 7, 2016 (commencement of operations) to December 31, 2016, is accurate and complete. | ||||||||||
Galaxy Plus Doherty Master Fund | |||||||||||
Subsequent Events | Note 9. Subsequent Events In accordance with FASB ASC 855, Subsequent Events To the best of the knowledge and belief of the undersigned, the information contained in the annual report as of December 31, 2016 and for the period from July 19, 2016 (commencement of operations) to December 31, 2016, is accurate and complete. | ||||||||||
Galaxy Plus EVE Master Fund | |||||||||||
Subsequent Events | Note 8. Subsequent Events In accordance with FASB ASC 855, Subsequent Events To the best of the knowledge and belief of the undersigned, the information contained in the annual report as of December 31, 2016 and for the period from April 15, 2016 (commencement of operations) to December 31, 2016, is accurate and complete. | ||||||||||
Galaxy Plus Master Fort | |||||||||||
Subsequent Events | Note 8. Subsequent Events In accordance with FASB ASC 855, Subsequent Events To the best of the knowledge and belief of the undersigned, the information contained in the annual report as of, and for the year ended December 31, 2016 is accurate and complete. | ||||||||||
Galaxy Plus LRR Master Fund | |||||||||||
Subsequent Events | Note 9. Subsequent Events In accordance with FASB ASC 855, Subsequent Events To the best of the knowledge and belief of the undersigned, the information contained in the annual report as of December 31, 2016 and for the period from April 28, 2016 (commencement of operations) to December 31, 2016, is accurate and complete. | ||||||||||
Galaxy Plus QIM Master Fund | |||||||||||
Subsequent Events | Note 8. Subsequent Events In accordance with FASB ASC 855, Subsequent Events To the best of the knowledge and belief of the undersigned, the information contained in the annual report as of December 31, 2016 for the period from June 22, 2016 (commencement of operations) to December 31, 2016, is accurate and complete. | ||||||||||
Galaxy Plus Quantmetrics Master Fund | |||||||||||
Subsequent Events | Note 8. Subsequent Events In accordance with FASB ASC 855, Subsequent Events To the best of the knowledge and belief of the undersigned, the information contained in the annual report as of December 31, 2016 for the period from June 13, 2016 (commencement of operations) to December 31, 2016, is accurate and complete. | ||||||||||
Galaxy Plus Quest Master Fund | |||||||||||
Subsequent Events | Note 8. Subsequent Events In accordance with FASB ASC 855, Subsequent Events To the best of the knowledge and belief of the undersigned, the information contained in the annual report as of December 31, 2016 for the period from June 29, 2016 (commencement of operations) to December 31, 2016, is accurate and complete. | ||||||||||
Galaxy Plus Quest Fit Master Fund | |||||||||||
Subsequent Events | Note 8. Subsequent Events In accordance with FASB ASC 855, Subsequent Events To the best of the knowledge and belief of the undersigned, the information contained in the annual report as of December 31, 2016 and for the period from September 19, 2016 (commencement of operations) to December 31, 2016, is accurate and complete. | ||||||||||
Galaxy Plus Fund LLC | |||||||||||
Subsequent Events | Note 9. Subsequent events In accordance with FASB ASC 855, Subsequent Events |
Significant Accounting Polici34
Significant Accounting Policies (Policies) | 12 Months Ended |
Dec. 31, 2016 | |
Equinox Frontier Funds [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. |
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— |
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— |
Recently Adopted Accounting Pronouncements | Recently Adopted Accounting Pronouncements— In February, 2015, the FASB issued Accounting Standards Update (ASU) No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis. ASU 2015-02 provides guidance on the consolidation evaluation for reporting organizations that are required to evaluate whether they should consolidate certain legal entities such as limited partnerships, limited liability corporations, and securitization structures (collateralized debt obligations, collateralized loan obligations, and mortgage-backed security transactions). ASU 2015-02 is effective for periods beginning after December 15, 2015. The adoption of ASU 2015-02 does not have a material effect on the Trust financial statements. |
Subsequent Events | Subsequent Events Subsequent Events |
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, 2016, the consolidated statement of financial condition of Equinox Frontier Balanced Fund included the assets and liabilities 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 Equinox 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 up to the date that those Trading Companies ceased operations. 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, 2016 and December 31, 2015, the consolidated statement of financial condition of Equinox Frontier Long/Short Commodity Fund included the assets and liabilities of its majority owned Trading Company, Frontier Trading Company XXXVII, LLC. For the year ended December 31, 2015, the consolidated statement of operations of Equinox 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 Equinox Frontier Long/Short Commodity Fund included the earnings of its majority owned Trading Company listed above through the date that the Trading Company ceased operations and Frontier Trading Company VII LLC through April 28, 2016. As of December 31, 2016 and December 31, 2015, the consolidated statement of financial condition of Equinox Frontier Diversified Fund included the assets and liabilities of its majority owned Frontier Trading Company XXXV, LLC. For the year ended December 31, 2015, the consolidated statement of operations of Equinox Frontier Diversified Fund included the earnings of its majority owned Trading Company listed above and the earnings of Frontier Trading Company I, LLC from January 1, 2015 to August 10, 2015. For the year ended December 31, 2016, the consolidated statement of operations of Equinox Frontier Diversified Fund included the earnings of its majority owned Trading Company listed above. As of and for the years ended December 31, 2016 and December 31, 2015, the consolidated statement of financial condition and statement of operations of Equinox Frontier Heritage Fund included the assets and liabilities, and earnings, respectively, of its majority owned Trading Company, Frontier Trading Company XXXIX, LLC. As of and for the year ended December 31, 2015, the consolidated statement of financial condition and statement of operations of Equinox Frontier Select Fund included the assets and liabilities, and earnings, respectively, of its majority owned Trading Company, Frontier Trading Company XV, LLC except for the earnings from January 1, 2015 to January 2, 2015. For the year ended December 31, 2016, the consolidated statement of operations of Equinox Frontier Select Fund included the earnings of its majority owned Trading Company listed above. As of and for the year ended December 31, 2016 and 2015, the consolidated statement of financial condition and statement of operations of Equinox Frontier Winton Fund included the assets and liabilities, and earnings, respectively, of its majority owned Trading Company, Frontier Trading Company II, LLC. As of and for the year ended December 31, 2016 and 2015, Equinox 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. |
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 Galaxy Plus. 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 |
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— |
Recently Adopted Accounting Pronouncements | Recently Adopted Accounting Pronouncements In February, 2015, the FASB issued Accounting Standards Update (ASU) No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis. ASU 2015-02 provides guidance on the consolidation evaluation for reporting organizations that are required to evaluate whether they should consolidate certain legal entities such as limited partnerships, limited liability corporations, and securitization structures (collateralized debt obligations, collateralized loan obligations, and mortgage-backed security transactions). ASU 2015-02 is effective for periods beginning after December 15, 2015. The adoption of ASU 2015-02 does not have a material effect on the Series financial statements. |
Subsequent Events | Subsequent Events Subsequent Events |
The Trading Companies of the Equinox Frontier Funds [Member] | |
Basis of Presentation | Basis of Presentation |
Use of Estimates | Use of Estimates— |
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 |
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 |
Significant Accounting Polici35
Significant Accounting Policies (Policies) | 1 Months Ended | 3 Months Ended | 5 Months Ended | 6 Months Ended | 7 Months Ended | 8 Months Ended | 9 Months Ended | 12 Months Ended | |||
Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | |
Galaxy Plus ADG Master Fund | |||||||||||
Basis of Presentation | Principles of accounting: | ||||||||||
Cash and Cash Equivalents | Cash and restricted cash: | ||||||||||
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: | ||||||||||
Interest Income | Interest income/expense: | ||||||||||
Allocation of income and gains and losses | Allocation of income and gains and losses: | ||||||||||
Income Taxes | Income taxes: | ||||||||||
Use of Estimates | Use of estimates: | ||||||||||
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: | ||||||||||
Galaxy Plus Aspect Master Fund | |||||||||||
Basis of Presentation | Principles of accounting: | ||||||||||
Cash and Cash Equivalents | Cash and restricted cash: | ||||||||||
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: | ||||||||||
Interest Income | Interest income/expense: | ||||||||||
Allocation of income and gains and losses | Allocation of income and gains and losses: | ||||||||||
Income Taxes | Income taxes: | ||||||||||
Use of Estimates | Use of estimates: | ||||||||||
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: | ||||||||||
Galaxy Plus Chesapeake Master Fund | |||||||||||
Basis of Presentation | Principles of accounting: | ||||||||||
Cash and Cash Equivalents | Cash and restricted cash: | ||||||||||
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: | ||||||||||
Interest Income | Interest income/expense: | ||||||||||
Allocation of income and gains and losses | Allocation of income and gains and losses: | ||||||||||
Income Taxes | Income taxes: | ||||||||||
Use of Estimates | Use of estimates: | ||||||||||
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: | ||||||||||
Galaxy Plus Doherty Master Fund | |||||||||||
Basis of Presentation | Principles of accounting: | ||||||||||
Cash and Cash Equivalents | Cash and restricted cash: | ||||||||||
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: | ||||||||||
Interest Income | Interest income/expense: | ||||||||||
Allocation of income and gains and losses | Allocation of income and gains and losses: | ||||||||||
Income Taxes | Income taxes: | ||||||||||
Use of Estimates | Use of estimates: | ||||||||||
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: | ||||||||||
Galaxy Plus EVE Master Fund | |||||||||||
Basis of Presentation | Principles of accounting: | ||||||||||
Cash and Cash Equivalents | Cash and restricted cash: | ||||||||||
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: | ||||||||||
Interest Income | Interest income/expense: | ||||||||||
Allocation of income and gains and losses | Allocation of income and gains and losses: | ||||||||||
Income Taxes | Income taxes: | ||||||||||
Use of Estimates | Use of estimates: | ||||||||||
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: | ||||||||||
Galaxy Plus Master Fort | |||||||||||
Basis of Presentation | Principles of accounting: | ||||||||||
Cash and Cash Equivalents | Cash and restricted cash: | ||||||||||
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: | ||||||||||
Interest Income | Interest income/expense: | ||||||||||
Allocation of income and gains and losses | Allocation of income and gains and losses: | ||||||||||
Income Taxes | Income taxes: | ||||||||||
Use of Estimates | Use of estimates: | ||||||||||
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: | ||||||||||
Galaxy Plus LRR Master Fund | |||||||||||
Basis of Presentation | Principles of accounting: | ||||||||||
Cash and Cash Equivalents | Cash and restricted cash: | ||||||||||
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: | ||||||||||
Interest Income | Interest income/expense: | ||||||||||
Allocation of income and gains and losses | Allocation of income and gains and losses: | ||||||||||
Income Taxes | Income taxes: | ||||||||||
Use of Estimates | Use of estimates: | ||||||||||
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: | ||||||||||
Galaxy Plus QIM Master Fund | |||||||||||
Basis of Presentation | Principles of accounting: | ||||||||||
Cash and Cash Equivalents | Cash and restricted cash: | ||||||||||
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: | ||||||||||
Interest Income | Interest income/expense: | ||||||||||
Allocation of income and gains and losses | Allocation of income and gains and losses: | ||||||||||
Income Taxes | Income taxes: | ||||||||||
Use of Estimates | Use of estimates: | ||||||||||
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: | ||||||||||
Galaxy Plus Quantmetrics Master Fund | |||||||||||
Basis of Presentation | Principles of accounting: | ||||||||||
Cash and Cash Equivalents | Cash and restricted cash: | ||||||||||
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: | ||||||||||
Interest Income | Interest income/expense: | ||||||||||
Allocation of income and gains and losses | Allocation of income and gains and losses: | ||||||||||
Income Taxes | Income taxes: | ||||||||||
Use of Estimates | Use of estimates: | ||||||||||
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: | ||||||||||
Galaxy Plus Quest Master Fund | |||||||||||
Basis of Presentation | Principles of accounting: | ||||||||||
Cash and Cash Equivalents | Cash and restricted cash: | ||||||||||
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: | ||||||||||
Interest Income | Interest income/expense: | ||||||||||
Allocation of income and gains and losses | Allocation of income and gains and losses: | ||||||||||
Income Taxes | Income taxes: | ||||||||||
Use of Estimates | Use of estimates: | ||||||||||
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: | ||||||||||
Galaxy Plus Quest Fit Master Fund | |||||||||||
Basis of Presentation | Principles of accounting: | ||||||||||
Cash and Cash Equivalents | Cash and restricted cash: | ||||||||||
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: | ||||||||||
Interest Income | Interest income/expense: | ||||||||||
Allocation of income and gains and losses | Allocation of income and gains and losses: | ||||||||||
Income Taxes | Income taxes: | ||||||||||
Use of Estimates | Use of estimates: | ||||||||||
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: | ||||||||||
Galaxy Plus Fund LLC | |||||||||||
Basis of Presentation | Principles of accounting: | ||||||||||
Cash and Cash Equivalents | Cash: | ||||||||||
Interest Income | Interest income/expense: | ||||||||||
Allocation of income and gains and losses | Allocation of income and gains and losses: | ||||||||||
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. | ||||||||||
Use of Estimates | Use of estimates: | ||||||||||
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: | ||||||||||
Investment Transactions | Investments: Investment in Master Fund | ||||||||||
Subscriptions received in advance | Subscriptions received in advance: |
Fair Value Measurements (Tables
Fair Value Measurements (Tables) | 12 Months Ended |
Dec. 31, 2016 | |
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 Trust’s financial asset portfolio, in aggregate, measured at fair value on a recurring basis as of December 31, 2016 and 2015, segregated by the level of valuation inputs within the fair value hierarchy utilized to measure fair value: 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 Total December 31, 2015 Level 1 Inputs Level 2 Inputs Level 3 Inputs Fair Value Open Trade Equity (Deficit) $ (4,424,290 ) $ 75,418 $ — $ (4,348,872 ) Swap Contracts — — 40,136,065 40,136,065 U.S. Treasury Securities 117,478,438 — — 117,478,438 Purchased Options — 526,288 — 526,288 Written Options — (165,760 ) — (165,760 ) |
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, 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 Purchases of investments — Sales of investments — Transfers in and/or out of Level 3 — Balance of recurring Level 3 assets as of December 31, 2016 $ 40,189,178 For the Year ended December 31, 2015 Balance of recurring Level 3 assets as of January 1, 2015 $ 35,990,887 Total gains or losses (realized/unrealized): Included in earnings-realized — Included in earnings-unrealized 3,145,178 Purchases of investments 1,000,000 Sales of investments — Transfers in and/or out of Level 3 — Balance of recurring Level 3 assets as of December 31, 2015 $ 40,136,065 |
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, 2016: Swaps $ 53,113 The total change in unrealized appreciation (depreciation) included in the statements of operations attributable to level 3 investments still held at December 31, 2015: Swaps $ 3,145,177 |
Series Of Frontier Fund [Member] | |
Financial Asset Portfolio, by Series, Measured at Fair Value on Recurring Basis | Total December 31, 2016 Level 1 Inputs Level 2 Inputs Level 3 Inputs Fair Value Equinox 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 Equinox 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 Equinox Frontier Long/Short Commodity Fund Swap Contracts — — 4,220,468 4,220,468 Equinox 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 Equinox 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 Equinox 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 Total December 31, 2015 Level 1 Inputs Level 2 Inputs Level 3 Inputs Fair Value Equinox Frontier Diversified Fund Investment in Unconsolidated Trading Companies $ 15,844,097 $ 250,110 $ — $ 16,094,207 Swap Contracts — — 8,685,849 8,685,849 U.S. Treasury Securities 27,604,916 — — 27,604,916 Equinox Frontier Masters Fund Investment in Unconsolidated Trading Companies 9,383,235 26,695 — 9,409,930 U.S. Treasury Securities 11,953,206 — — 11,953,206 Equinox Frontier Long/Short Commodity Fund Investment in Unconsolidated Trading Companies 3,355,174 59,489 — 3,414,663 Swap Contracts — — 4,332,428 4,332,428 U.S. Treasury Securities 4,792,817 — — 4,792,817 Equinox Frontier Balanced Fund Investment in Unconsolidated Trading Companies 17,357,475 266,493 — 17,623,968 Open Trade Equity (Deficit) 11,530 — — 11,530 Swap Contracts — — 19,157,520 19,157,520 U.S. Treasury Securities 41,148,676 — — 41,148,676 Equinox Frontier Select Fund Investment in Unconsolidated Trading Companies 213,921 — 3,933,919 4,147,840 Open Trade Equity (Deficit) 462,339 — — 462,339 U.S. Treasury Securities 1,852,429 — — 1,852,429 Equinox Frontier Winton Fund Investment in Unconsolidated Trading Companies 297,554 — — 297,554 Open Trade Equity (Deficit) 599,579 — — 599,579 U.S. Treasury Securities 24,617,817 — — 24,617,817 Equinox Frontier Heritage Fund Investment in Unconsolidated Trading Companies 1,403,461 2,125 — 1,405,586 Swap Contracts — — 7,960,268 7,960,268 U.S. Treasury Securities 5,508,577 — — 5,508,577 |
Change in Level 3 Assets Measured at Fair Value on Recurring Basis | 2016: For the Year Ended December 31, 2016 Swaps: Equinox Frontier Equinox Frontier Diversified Fund Long/Short Commodity Fund Equinox Frontier 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 Equinox 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: Equinox 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 2015: For the Year Ended December 31, 2015 Swaps: Equinox Frontier Equinox Frontier Long/Short Equinox Frontier Diversified Fund Commodity Fund Balanced Fund Balance of recurring Level 3 assets as of January 1, 2015 $ 6,570,408 $ 3,633,060 $ 18,246,954 Total gains or losses (realized/unrealized): Included in earnings-realized — — — Included in earnings-unrealized 2,115,441 (300,632 ) 910,566 Purchases of investments — 1,000,000 — Sales of investments — — — Change in ownership allocation of total return swaps — — — Transfers in and/or out of Level 3 — — — Balance of recurring Level 3 assets as of December 31, 2015 $ 8,685,849 $ 4,332,428 $ 19,157,520 Equinox Frontier Heritage Fund Balance of recurring Level 3 assets as of January 1, 2015 $ 7,540,465 Total gains or losses (realized/unrealized): Included in earnings-realized — Included in earnings-unrealized 419,803 Purchases of investments — Sales of investments — Change in ownership allocation of total return swaps — Transfers in and/or out of Level 3 — Balance of recurring Level 3 assets as of December 31, 2015 $ 7,960,268 Investments in Unconsolidated Trading Companies: Equinox Frontier Select Fund Balance of recurring Level 3 assets as of January 1, 2015 $ 3,539,498 Change in fair value of investments in unconsolidated trading companies 394,421 Proceeds from sales of investments of unconsolidated trading companies — Purchases of investments of unconsolidated trading companies — Change in ownership allocation — Transfers in and/or out of Level 3 — Balance of recurring Level 3 assets as of December 31, 2015 $ 3,933,919 |
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, 2016: Equinox Frontier Equinox Frontier Long/Short Commodity Equinox Frontier Equinox Frontier Diversified Fund Fund Balanced Fund Heritage Fund 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: Equinox Frontier Equinox Frontier Long/Short Commodity Equinox Frontier Equinox Frontier Diversified Fund Fund Balanced Fund Heritage Fund 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: Equinox Frontier Equinox Frontier Long/Short Commodity Equinox Frontier Equinox Frontier Diversified Fund Fund Balanced Fund Heritage Fund Swaps $ 3,132,776 $ 1,176,514 $ 8,120,996 $ 2,105,281 |
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, 2016 and 2015, segregated by the level of valuation inputs within the fair value hierarchy utilized to measure fair value: 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 Total December 31, 2015 Level 1 Inputs Level 2 Inputs Level 3 Inputs Fair Value Frontier Trading Company I LLC Open Trade Equity (Deficit) $ 755,452 $ — $ — $ 755,452 Options Purchased — 371,758 — 371,758 Options Written — (165,760 ) — (165,760 ) Frontier Trading Company II LLC Open Trade Equity (Deficit) 599,579 — — 599,579 Frontier Trading Company VII LLC Open Trade Equity (Deficit) (6,482,499 ) — — (6,482,499 ) Options Purchased — 154,380 — 154,380 Frontier Trading Company XIV, LLC Open Trade Equity (Deficit) 34,848 — — 34,848 Frontier Trading Company XV, LLC Open Trade Equity (Deficit) 462,340 — — 462,340 Frontier Trading Company XXIII, LLC Open Trade Equity (Deficit) (27,706 ) — — (27,706 ) Frontier Trading Company XXIX, LLC Open Trade Equity (Deficit) 4,750 — — 4,750 Frontier Trading Company XXXIV, LLC Swap Contracts — — 19,157,522 19,157,522 Frontier Trading Company XXXIX, LLC Swap Contracts — — 7,960,269 7,960,269 Frontier Trading Company XXXV, LLC Swap Contracts — — 8,685,850 8,685,850 Frontier Trading Company XXXVII, LLC Swap Contracts — — 4,332,427 4,332,427 Frontier Trading Company XXXVIII, LLC Open Trade Equity (Deficit) 304,878 — — 304,878 |
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, 2016 and 2015, all identified level three assets are 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, 2016 December 31, 2016 Balance of recurring Level 3 assets as of December 31, 2015 $ 19,157,522 $ 7,960,269 Total gains or losses (realized/unrealized): Included in earnings-realized — — Included in earnings-unrealized (218,073 ) 431,145 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 XXXV LLC XXXVII, LLC For The Year Ending For The Year Ending December 31, 2016 December 31, 2016 Balance of recurring Level 3 assets as of December 31, 2015 $ 8,685,850 $ 4,332,427 Total gains or losses (realized/unrealized): Included in earnings-realized — — Included in earnings-unrealized (48,003 ) (111,959 ) 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 Frontier Trading Company Frontier Trading Company XXXIV LLC XXXIX, LLC For The Year Ending For The Year Ending December 31, 2015 December 31, 2015 Balance of recurring Level 3 assets as of January 1, 2015 $ 18,246,955 $ 7,540,466 Total gains or losses (realized/unrealized): Included in earnings-realized — — Included in earnings-unrealized 910,567 419,803 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, 2015 $ 19,157,522 $ 7,960,269 Frontier Trading Company Frontier Trading Company XXXV LLC XXXVII, LLC For The Year Ending For The Year Ending December 31, 2015 December 31, 2015 Balance of recurring Level 3 assets as of January 1, 2015 $ 6,570,409 $ 3,633,060 Total gains or losses (realized/unrealized): Included in earnings-realized — — Included in earnings-unrealized 2,115,441 (300,633 ) Included in other comprehensive income — — Purchases, sales, issuances, and settlements, net — 1,000,000 Transfers in and/or out of Level 3 — — Balance of recurring Level 3 assets as of December 31, 2015 $ 8,685,850 $ 4,332,427 |
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, 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 |
Swaps (Tables)
Swaps (Tables) | 12 Months Ended |
Dec. 31, 2016 | |
Equinox Frontier Funds [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, 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 Trust had invested in the following swaps as of and for the year ended December 31, 2015: 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 $12,663,283 $22,580,043 $13,851,707 $1,877,592 Termination Date 3/26/2018 8/2/2018 8/2/2018 8/7/2018 Cash Collateral $5,993,000 $9,600,000 $3,400,000 $3,880,000 Swap Value $1,967,269 $9,557,519 $5,285,749 $452,428 Investee Returns Total Returns Total Returns Total Returns Total Returns Realized Gain/(Loss) $0 $0 $0 $0 Change in Unrealized Gain/(Loss) $419,803 $910,566 $2,115,441 ($300,633) Fair Value as of 12/31/2015 $7,960,269 $19,157,519 $8,685,749 $4,332,428 |
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, 2016: Equinox Frontier Diversified Equinox Frontier Long/Short Equinox Frontier Balanced Fund Fund Commodity Fund Equinox 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) The Series have invested in the following swaps as of and for the year ended December 31, 2015: Equinox Frontier Diversified Equinox Frontier Long/Short Equinox Frontier Balanced Fund Fund Commodity Fund Equinox 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 $12,663,283 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 $5,993,000 Swap Value $9,557,519 $5,285,849 $452,428 $1,967,269 Investee Returns Total Returns Total Returns Total Returns Total Returns Realized Gain/(Loss) $0 $0 $0 $0 Change in Unrealized Gain/(Loss) $910,566 $2,115,441 ($300,633) $419,803 Fair Value as of 12/31/2015 $19,157,519 $8,685,849 $4,332,428 $7,960,269 |
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, 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) The Trading Companies have invested in the following swaps as of December 31, 2015. 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 $12,663,283 $22,580,043 $13,851,707 $1,877,592 Termination Date 3/26/2018 8/2/2018 8/2/2018 8/7/2018 Cash Collateral $5,993,000 $9,600,000 $3,400,000 $3,880,000 Swap Value $1,967,269 $9,557,519 $5,285,850 $452,428 Investee Returns Total Returns Total Returns Total Returns Total Returns Realized Gain/(Loss) $0 $0 $0 $0 Change in Unrealized Gain/(Loss) $419,803 $910,566 $2,115,441 ($300,633) Fair Value as of 12/31/2015 $7,960,269 $19,157,519 $8,685,850 $4,332,428 |
Investments in Unconsolidated38
Investments in Unconsolidated Trading Companies (Tables) | 12 Months Ended |
Dec. 31, 2016 | |
Equinox Frontier Funds [Member] | |
Investments in Unconsolidated Trading Companies | The following table summarizes each of the Trust’s investments in Private Investment Companies as of December 31, 2016: As of December 31, 2016 Percentage of Trust Total Capital Invested in Private Investment Companies Fair Value Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 5.28 % $ 11,559,976 Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC 5.23 % 11,465,608 Galaxy Plus Fund - Doherty Feeder Fund (528) LLC 2.98 % 6,526,957 Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC 5.10 % 11,174,877 Galaxy Plus Fund - QIM Feeder Fund (526) LLC 9.33 % 20,442,933 Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC 8.78 % 19,226,675 Galaxy Plus Fund - Quest Feeder Fund (517) LLC 1.78 % 3,899,040 Galaxy Plus Fund - Quest Fit Feeder Fund (517) LLC 5.11 % 11,197,020 Galaxy Plus Fund - Aspect Feeder Fund (532) LLC 2.12 % 4,643,329 Galaxy Plus Fund - LRR Feeder Fund (522) LLC 3.46 % 7,580,703 |
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, 2016: Year Ended December 31, 2016 Change in Trading Realized Unrealized Net Income Commissions Gain/(Loss) Gain/(Loss) (Loss) Galaxy Plus Fund - Aspect Feeder Fund (532) LLC (8,385 ) (85,177 ) (263,109 ) (356,671 ) Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC (367,710 ) 539,213 (525,101 ) (353,598 ) Galaxy Plus Fund - Doherty Feeder Fund (528) LLC (65,781 ) 232,189 23,963 190,371 Galaxy Plus Fund - Emil van Essen STP Feeder Fund (516) LLC (700,058 ) 4,144,776 (1,535,573 ) 1,909,145 Galaxy Plus Fund - FORT Global Managed Futures Feeder Fund (510) LLC (184,486 ) (906,497 ) (385,352 ) (1,476,335 ) Galaxy Plus Fund - LRR Feeder Fund (522) LLC — — 321,705 321,705 Galaxy Plus Fund - QIM Feeder Fund (526) LLC (340,988 ) 4,675,449 333,203 4,667,664 Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC (382,100 ) (113,301 ) (7,765 ) (503,166 ) Galaxy Plus Fund - Quest Feeder Fund (517) LLC (126,009 ) (1,711,068 ) 235,515 (1,601,562 ) Galaxy Plus Fund - Quest FIT Feeder Fund (535) LLC (27,048 ) 2,328,567 134,141 2,435,659 Total $ (2,202,565 ) $ 9,104,151 $ (1,668,373 ) $ 5,233,212 |
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 Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 24 hours Weekly None Galaxy Plus Fund - LRR Feeder Fund (522) LLC 24 hours Weekly None Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC 24 hours Weekly None Trend Following Galaxy Plus Fund - Aspect Feeder Fund (532) LLC 24 hours Weekly None Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC 24 hours Weekly None Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC 24 hours Weekly None Galaxy Plus Fund - QIM Feeder Fund (526) LLC 24 hours Weekly None Galaxy Plus Fund - Quest Feeder Fund (517) LLC 24 hours Weekly None Option Trading Galaxy Plus Fund - Doherty Feeder Fund (528) LLC 24 hours Weekly None |
Series Of Frontier Fund [Member] | |
Investments in Unconsolidated Trading Companies | The following table summarizes each of the Series’ investments in unconsolidated Trading and Private Investment Companies as of December 31, 2016 and 2015: As of December 31, 2016 As of December 31, 2015 Percentage of Percentage of Series Total Series Total Capital Invested Capital Invested in Unconsolidated Trading and in Unconsolidated Trading and Series Private Investment Companies Fair Value Private Investment Companies Fair Value Equinox Frontier Diversified Fund — Frontier Trading Companies II and XXXVIII 7.44 % $ 4,201,628 28.89 % $ 16,094,207 Galaxy Plus Fund - Chesapeake Feeder Fund (518) 11.33 % 6,399,628 — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 6.30 % 3,558,715 — — Galaxy Plus Fund - Doherty Feeder Fund (528) LLC 4.27 % 2,412,065 — — Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC 7.27 % 4,103,564 — — Galaxy Plus Fund - QIM Feeder Fund (526) LLC 13.85 % 7,819,114 — — Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC 15.23 % 8,600,401 — — Galaxy Plus Fund - Quest Feeder Fund (517) 5.31 % 2,996,494 — — Galaxy Plus Fund - Aspect Feeder Fund (532) LLC 3.29 % 1,856,786 — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC 1.95 % 1,099,207 — — Equinox Frontier Masters Fund — Frontier Trading Companies II, XV and XXXVIII 38.79 % $ 6,678,106 33.94 % $ 9,409,930 Galaxy Plus Fund - Chesapeake Feeder Fund (518) 20.12 % 3,455,090 — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 12.81 % 2,198,618 — — Equinox Frontier Long/Short Commodity Fund — Frontier Trading Company XXXVIII — $ — 26.08 % $ 3,414,663 Galaxy Plus Fund - Chesapeake Feeder Fund (518) 17.39 % 1,610,890 — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 17.40 % 1,611,845 — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC 37.70 % 3,492,407 — — Equinox Frontier Balanced Fund — Frontier Trading Companies II and XXXVIII 7.25 % $ 5,965,331 19.81 % $ 17,623,968 Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 5.09 % 4,190,798 — — Galaxy Plus Fund - Aspect Feeder Fund (532) LLC 3.39 % 2,786,543 — — Galaxy Plus Fund - Doherty Feeder Fund (528) LLC 5.00 % 4,114,892 — — Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC 8.59 % 7,071,313 — — Galaxy Plus Fund - QIM Feeder Fund (526) LLC 15.34 % 12,623,819 — — Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC 12.91 % 10,626,274 — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC 3.63 % 2,989,088 — — Galaxy Plus Fund - Quest Feeder Fund (517) 1.10 % 902,546 — — Equinox Frontier Select Fund — Frontier Trading Companies XXXVIII and XXXIX 24.33 % $ 3,910,866 31.67 % $ 4,147,840 Equinox Frontier Winton Fund — Frontier Trading Company XXXVIII 9.96 % $ 4,072,450 20.82 % $ 7,274,269 Equinox Frontier Heritage Fund — Frontier Trading Companies II and XXXVIII 20.48 % $ 2,744,640 13.45 % $ 1,405,586 |
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, 2016, 2015 and 2014: Year Ended December 31, 2016 Year Ended December 31, 2015 Year Ended December 31, 2014 Trading Commissions Realized Gain/(Loss) Change in Unrealized Gain/(Loss) Net Income (Loss) Trading Commissions Realized Gain/(Loss) Change in Unrealized Gain/(Loss) Net Income (Loss) Trading Commissions Realized Gain/(Loss) Change in Unrealized Gain/(Loss) Net Income (Loss) Equinox 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 ) $ (56,592 ) $ 861,109 $ (449,346 ) $ 355,167 Frontier Trading Company II LLC (41,971 ) 375,453 (167,387 ) 166,096 (14,685 ) 1,025,202 (406,220 ) 604,297 (18,020 ) 3,293,893 (112,838 ) 3,163,035 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 (411,960 ) 202,844 (189,827 ) (398,943 ) Frontier Trading Company XIV, LLC — — — — — — — — (176,563 ) 453,928 (194,219 ) 83,146 Frontier Trading Company XV, LLC — — — — — — — — (35,322 ) 226,177 (719,332 ) (528,477 ) Frontier Trading Company XXIII, LLC (35,775 ) 705,939 (7,381 ) 662,782 (74,373 ) 591,314 (260,757 ) 256,184 (56,661 ) 2,355,129 250,228 2,548,696 Frontier Trading Company XXXVIII, LLC (27,594 ) (774,261 ) 219,387 (582,468 ) (32,830 ) (469,048 ) (312,060 ) (813,938 ) (42,802 ) 491,468 (534,467 ) (85,801 ) Galaxy Plus Fund - Aspect Feeder Fund (532) LLC (3,869 ) (34,071 ) (105,274 ) (143,214 ) — — — — — — — — Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC (149,772 ) 298,066 (250,532 ) (102,238 ) — — — — — — — — Galaxy Plus Fund - Doherty Feeder Fund (528) LLC (27,745 ) 85,845 9,802 67,902 — — — — — — — — Galaxy Plus Fund - Emil van Essen STP Feeder Fund (516) LLC (183,726 ) 1,333,450 (536,657 ) 613,067 — — — — — — — — Galaxy Plus Fund - FORT Global Managed Futures Feeder Fund (510) LLC (77,260 ) (333,316 ) (134,742 ) (545,318 ) — — — — — — — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC — — 168,157 168,157 — — — — — — — — Galaxy Plus Fund - QIM Feeder Fund (526) LLC (150,214 ) 1,801,432 126,477 1,777,695 — — — — — — — — Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC (187,460 ) (50,960 ) (3,553 ) (241,973 ) — — — — — — — — Galaxy Plus Fund - Quest Feeder Fund (517) LLC (100,928 ) (1,316,487 ) 181,341 (1,236,074 ) — — — — — — — — Total $ (1,327,363 ) $ 3,319,746 $ 1,407,263 $ 3,399,647 $ (611,359 ) $ 6,525,696 $ (5,072,429 ) $ 841,908 $ (797,920 ) $ 7,884,548 $ (1,949,801 ) $ 5,136,823 Equinox 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 $ (29,964 ) $ 2,475,252 $ 846,879 $ 3,292,168 Frontier Trading Company II LLC (47,472 ) 224,660 (93,987 ) 83,200 (9,119 ) 572,163 (270,658 ) 292,386 (12,830 ) 2,110,837 (41,715 ) 2,056,292 Frontier Trading Company XIV, LLC — — — — — — — — (157,662 ) 256,238 (220,014 ) (121,438 ) Frontier Trading Company XV, LLC (81,133 ) 556,129 515,821 990,817 (58,573 ) 672,604 (578,027 ) 36,004 (95,155 ) 1,821,877 (298,358 ) 1,428,364 Frontier Trading Company XXXVIII, LLC (14,141 ) (157,740 ) (2,979 ) (174,860 ) (13,922 ) (268,618 ) (95,734 ) (378,274 ) (21,756 ) 140,219 (295,159 ) (176,696 ) Frontier Trading Company VII, LLC (48,485 ) (371,921 ) 1,208,006 787,600 (173,078 ) 5,008,076 (3,958,426 ) 876,572 (7,353 ) (276,940 ) 424,792 140,499 Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC (137,582 ) 164,544 (213,762 ) (186,800 ) — — — — — — — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC (174,044 ) 803,903 (290,958 ) 338,901 — — — — — — — — Total $ (511,443 ) $ 958,432 $ 1,041,519 $ 1,488,510 $ (274,110 ) $ 7,394,105 $ (5,634,057 ) $ 1,485,938 $ (324,720 ) $ 6,527,483 $ 416,425 $ 6,619,189 Equinox 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 (299,598 ) 1,967,325 (225,547 ) 1,442,177 Frontier Trading Companies XVIII, LLC — — — — — — — — (15,497 ) 72,295 (141,056 ) (84,258 ) Frontier Trading Company XXXVIII, LLC 481 (202,254 ) (106,559 ) (308,333 ) (7,510 ) (34,498 ) (63,213 ) (105,221 ) — — — — Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC (80,356 ) 76,603 (60,807 ) (64,560 ) — — — — — — — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC (144,093 ) 371,651 (44,364 ) 183,194 — — — — — — — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC — — (321,568 ) (321,568 ) — — — — — — — — Total $ (258,847 ) $ 112,919 $ (253,217 ) $ (399,144 ) $ (252,682 ) $ 2,605,490 $ (2,286,767 ) $ 66,041 $ (315,095 ) $ 2,039,620 $ (366,603 ) $ 1,357,919 Equinox 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 $ (297,247 ) $ 5,035,125 $ (115,047 ) $ 4,622,830 Frontier Trading Company II LLC (46,423 ) 503,024 (202,956 ) 253,645 (19,305 ) 1,235,015 (499,116 ) 716,594 (23,501 ) 4,239,577 (319,850 ) 3,896,226 Frontier Trading Company V LLC — — — — — — — — — — — — Frontier Trading Company VII, LLC (97,941 ) (464,066 ) 2,290,012 1,728,005 — — — — (424,248 ) (527,556 ) 479,923 (471,881 ) Frontier Trading Company XIV, LLC — — — — (351,880 ) 5,102,783 (3,041,589 ) 1,709,314 (75,543 ) (1,180,680 ) 610,861 (645,362 ) Frontier Trading Company XV, LLC — — — — (140 ) (89,150 ) 89,443 153 (63,893 ) (160,880 ) (379,890 ) (604,663 ) Frontier Trading Company XVIII, LLC — — — — — — — — (69,979 ) 240,985 (611,413 ) (440,407 ) Frontier Trading Company XXXVIII, LLC (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 — — — — — — (1,538 ) (1,538 ) Galaxy Plus Fund - Aspect Feeder Fund (532) LLC (4,516 ) (51,106 ) (157,835 ) (213,457 ) — — — — — — — — Galaxy Plus Fund - Doherty Feeder Fund (528) LLC (38,036 ) 146,344 14,161 122,469 — — — — — — — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC (198,195 ) 1,635,772 (663,594 ) 773,983 — — — — — — — — Galaxy Plus Fund - FORT Global Managed Futures Feeder Fund (510) LLC (107,226 ) (573,181 ) (250,610 ) (931,017 ) — — — — — — — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC — — 475,116 475,116 — — — — — — — — Galaxy Plus Fund - QIM Feeder Fund (526) LLC (190,774 ) 2,874,017 206,726 2,889,969 — — — — — — — — Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC (194,640 ) (62,341 ) (4,212 ) (261,193 ) — — — — — — — — Galaxy Plus Fund - Quest Feeder Fund (517) LLC (25,081 ) (394,581 ) 54,174 (365,488 ) — — — — — — — — Total $ (1,243,650 ) $ 5,527,232 $ 2,141,586 $ 6,425,168 $ (820,103 ) $ 10,534,837 $ (3,107,463 ) $ 6,607,271 $ (954,411 ) $ 7,646,571 $ (336,954 ) $ 6,355,205 Equinox Frontier Select Fund Frontier Trading Company XV, LLC $ — $ — $ — $ — $ (551 ) $ (27,784 ) $ 2,173 $ (25,285 ) $ (114,984 ) $ 2,118,779 $ 268,057 $ 2,271,852 Frontier Trading Company XXXVIII, LLC (6,694 ) 107,531 15,974 116,811 (2,400 ) (20,889 ) 2,353 (21,812 ) (9,950 ) 48,480 (134,625 ) (96,095 ) Frontier Trading Company XXXIX, LLC (3,394 ) — 255,179 251,785 — — 208,164 208,164 (1,556 ) — 972,201 970,645 Total $ (10,088 ) $ 107,531 $ 271,153 $ 368,596 $ (2,951 ) $ (48,673 ) $ 212,691 $ 161,067 $ (126,490 ) $ 2,167,259 $ 1,105,633 $ 3,146,402 Equinox Frontier Winton Fund Frontier Trading Company II LLC $ — $ — $ — $ — $ (30,241 ) $ 1,667,631 $ (315,582 ) $ 1,321,808 $ (56,653 ) $ 10,628,427 $ (345,639 ) $ 10,226,134 Frontier Trading Company XXXVIII, LLC (47,781 ) (149,255 ) 16,046 (180,989 ) (29,071 ) (537,770 ) (197,417 ) (764,258 ) (35,145 ) 543,298 (319,714 ) 188,439 Total $ (47,781 ) $ (149,255 ) $ 16,046 $ (180,989 ) $ (59,312 ) $ 1,129,861 $ (512,999 ) $ 557,550 $ (91,798 ) $ 11,171,725 $ (665,353 ) $ 10,414,573 Equinox Frontier Heritage Fund Frontier Trading Company II LLC $ (70,018 ) $ 271,702 $ (119,174 ) $ 82,510 $ (9,825 ) $ 656,945 $ (261,763 ) $ 385,357 $ (12,408 ) $ 2,222,268 $ (27,968 ) $ 2,181,892 Frontier Trading Company XXXVIII, LLC (10,777 ) (5,851 ) (10,397 ) (27,026 ) (6,511 ) (117,306 ) (41,273 ) (165,090 ) (9,194 ) 79,780 (115,037 ) (44,451 ) Total $ (80,795 ) $ 265,851 $ (129,571 ) $ 55,484 $ (16,336 ) $ 539,639 $ (303,036 ) $ 220,267 $ (21,602 ) $ 2,302,048 $ (143,005 ) $ 2,137,441 |
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 Equinox Frontier Diversified Fund Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 24 hours Weekly None Galaxy Plus Fund - LRR Feeder Fund (522) LLC 24 hours Weekly None Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC 24 hours Weekly None Trend Following Galaxy Plus Fund - Aspect Feeder Fund (532) LLC 24 hours Weekly None Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC 24 hours Weekly None Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC 24 hours Weekly None Galaxy Plus Fund - QIM Feeder Fund (526) LLC 24 hours Weekly None Galaxy Plus Fund - Quest Feeder Fund (517) LLC 24 hours Weekly None Option Trading Galaxy Plus Fund - Doherty Feeder Fund (528) LLC 24 hours Weekly None Equinox Frontier Masters Fund Trend Following Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC 24 hours Weekly None Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 24 hours Weekly None Equinox Frontier Long/Short Commodity Fund Trend Following Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC 24 hours Weekly None Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 24 hours Weekly None Galaxy Plus Fund - LRR Feeder Fund (522) LLC 24 hours Weekly None Equinox Frontier Balanced Fund Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 24 hours Weekly None Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC 24 hours Weekly None Galaxy Plus Fund - LRR Feeder Fund (522) LLC 24 hours Weekly None Trend Following Galaxy Plus Fund - Aspect Feeder Fund (532) LLC 24 hours Weekly None Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC 24 hours Weekly None Galaxy Plus Fund - QIM Feeder Fund (526) LLC 24 hours Weekly None Galaxy Plus Fund - Quest Feeder Fund (517) LLC 24 hours Weekly None Option Trading Galaxy Plus Fund - Doherty Feeder Fund (528) LLC 24 hours Weekly None |
Transactions with Affiliates (T
Transactions with Affiliates (Tables) - Series Of Frontier Fund [Member] | 12 Months Ended |
Dec. 31, 2016 | |
Fees Earned by Managing Owner | The following table summarizes fees earned by the Managing Owner for the years ended December 31, 2016, 2015 and 2014. For the Year Ended December 31, 2016 Incentive Fee Management Fee Service Fee Trading Fee Equinox Frontier Diversified Fund $ 1,144,159 $ 503,844 $ 247,399 $ 1,435,003 Equinox Frontier Masters Fund 245,244 452,071 151,627 537,884 Equinox Frontier Long/Short Commodity Fund 134,601 201,423 66,889 191,525 Equinox Frontier Balanced Fund 1,395,151 494,734 1,833,220 909,129 Equinox Frontier Select Fund 41,072 271,176 351,053 115,267 Equinox Frontier Winton Fund 99,067 1,069,141 681,308 320,680 Equinox 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 Equinox Frontier Diversified Fund $ 2,068,435 $ 983,948 $ 412,335 $ 1,394,350 Equinox Frontier Masters Fund 618,626 696,963 226,790 579,677 Equinox Frontier Long/Short Commodity Fund 322,090 532,836 109,284 243,193 Equinox Frontier Balanced Fund 1,707,167 1,029,988 2,113,776 740,451 Equinox Frontier Select Fund 158,971 304,539 395,169 110,262 Equinox Frontier Winton Fund 715,409 1,199,380 764,354 288,023 Equinox Frontier Heritage Fund 132,676 280,570 287,946 96,359 For the Year Ended December 31, 2014 Incentive Fee Management Fee Service Fee Trading Fee Equinox Frontier Diversified Fund $ 4,461,365 $ 1,042,209 $ 499,021 $ 1,287,161 Equinox Frontier Masters Fund 1,123,545 903,032 309,234 603,389 Equinox Frontier Long/Short Commodity Fund 253,177 821,891 132,136 280,737 Equinox Frontier Balanced Fund 3,620,437 1,092,555 2,027,439 694,288 Equinox Frontier Select Fund 363,142 496,959 394,486 109,839 Equinox Frontier Winton Fund 1,800,488 1,172,990 724,365 263,069 Equinox Frontier Heritage Fund 370,450 327,702 270,399 88,113 |
Fees Payable to Managing Owner | The following table summarizes fees payable to the Managing Owner as of December 31, 2016 and 2015. As of December 31, 2016 Incentive Fees Management Fees Interest Fees Service Fees Trading Fees Equinox Frontier Diversified Fund $ — $ 23,496 $ — $ 15,193 $ 147,183 Equinox Frontier Masters Fund — 50,174 — 9,037 57,890 Equinox Frontier Long/Short Commodity Fund — — — 3,542 23,478 Equinox Frontier Balanced Fund — 25,217 21,606 129,956 203,324 Equinox Frontier Select Fund — 21,219 3,518 25,966 18,129 Equinox Frontier Winton Fund — 256,824 30,730 39,370 55,142 Equinox Frontier Heritage Fund — 56,501 7,420 16,457 17,953 As of December 31, 2015 Incentive Fees Management Fees Interest Fees Service Fees Trading Fees Equinox Frontier Diversified Fund $ 204,914 $ 81,940 $ 11,661 $ 17,020 $ 121,065 Equinox Frontier Masters Fund 42,251 54,674 4,957 12,098 48,501 Equinox Frontier Long/Short Commodity Fund 28,408 48,210 1,368 6,841 17,129 Equinox Frontier Balanced Fund 106,563 80,574 77,642 145,576 57,450 Equinox Frontier Select Fund — 22,884 3,549 29,092 8,515 Equinox Frontier Winton Fund — 93,171 49,624 44,422 22,405 Equinox Frontier Heritage Fund — 21,490 11,066 18,807 7,457 |
Interest Paid by Each Series to Managing Owner | The following table outlines the amounts paid by each Series to the Managing Owner and its ratio to average net assets for the years ended December 31, 2016, 2015 and 2014: 2016 2015 2014 2016 2015 2014 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 Equinox Frontier Diversified Fund Class 1 $ 9,494 $ 42,063 $ 56,582 0.12 % 0.26 % 0.30 % Equinox Frontier Diversified Fund Class 2 39,041 88,023 81,752 0.11 % 0.26 % 0.28 % Equinox Frontier Diversified Fund Class 3 12,736 20,751 6,433 0.10 % 0.25 % 0.19 % Equinox Frontier Masters Fund Class 1 9,336 27,443 42,395 0.14 % 0.27 % 0.36 % Equinox Frontier Masters Fund Class 2 9,303 22,999 25,486 0.14 % 0.27 % 0.31 % Equinox Frontier Masters Fund Class 3 8,976 14,793 6,663 0.13 % 0.27 % 0.23 % Equinox Frontier Long/Short Commodity Fund Class 2 197 2,633 4,779 0.02 % 0.22 % 0.36 % Equinox Frontier Long/Short Commodity Fund Class 3 1,391 15,721 22,800 0.03 % 0.22 % 0.31 % Equinox Frontier Long/Short Commodity Fund Class 1a 1,108 11,732 18,852 0.03 % 0.22 % 0.32 % Equinox Frontier Long/Short Commodity Fund Class 2a 282 3,498 6,122 0.02 % 0.22 % 0.35 % Equinox Frontier Long/Short Commodity Fund Class 3a 171 1,695 1,454 0.02 % 0.21 % 0.27 % Equinox Frontier Balanced Fund Class 1 450,536 805,984 846,398 0.74 % 1.15 % 1.34 % Equinox Frontier Balanced Fund Class 1AP 5,135 8,750 3,342 0.74 % 1.14 % 0.02 % Equinox Frontier Balanced Fund Class 2 165,519 278,159 275,448 0.73 % 1.14 % 1.34 % Equinox Frontier Balanced Fund Class 2a 828 1,311 1,252 0.15 % 0.23 % 0.25 % Equinox Frontier Balanced Fund Class 3a 3,650 5,976 5,429 0.15 % 0.23 % 0.26 % Equinox Frontier Select Fund Class 1 38,569 65,986 152,289 0.33 % 0.50 % 1.22 % Equinox Frontier Select Fund Class 1AP 135 244 223 0.32 % 0.50 % 0.00 % Equinox Frontier Select Fund Class 2 4,752 7,429 17,051 0.33 % 0.50 % 1.23 % Equinox Frontier Winton Fund Class 1 315,194 450,697 418,922 1.39 % 1.77 % 1.82 % Equinox Frontier Winton Fund Class 1AP 518 676 544 1.39 % 1.77 % 0.02 % Equinox Frontier Winton Fund Class 2 167,500 209,259 188,681 1.39 % 1.62 % 1.75 % Equinox Frontier Heritage Fund Class 1 76,936 113,684 121,694 0.91 % 1.19 % 1.45 % Equinox Frontier Heritage Fund Class 1AP 340 726 337 1.00 % 1.18 % 0.01 % Equinox Frontier Heritage Fund Class 2 26,337 37,732 36,285 0.91 % 1.18 % 1.36 % Total $ 1,347,984 $ 2,237,964 $ 2,341,213 |
Financial Highlights (Tables)
Financial Highlights (Tables) | 12 Months Ended |
Dec. 31, 2016 | |
Equinox Frontier Funds [Member] | |
Financial Highlights of Trust | The following information presents the financial highlights of the Trust for the year ended December 31, 2016, 2015 and 2014. This data has been derived from the information presented in the consolidated financial statements. 2016 2015 2014 Ratios to average net assets (1) Net investment gain/(loss) (1) -5.50 % -6.70 % -9.32 % Expenses before incentive fees (3)(4) 4.48 % 4.90 % 5.17 % Expenses after incentive fees (3)(4) 5.75 % 7.10 % 9.75 % Total return before incentive fees (2) 3.62 % 0.60 % 25.23 % Total return after incentive fees (2) 2.35 % -1.60 % 20.65 % (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. (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. |
Series Of Frontier Fund [Member] | |
Financial Highlights of Trust | The following information presents the financial highlights of the Series for the years ended December 31, 2016, 2015 and 2014. This data has been derived from the information presented in the financial statements. Equinox Frontier Diversified Fund Equinox Frontier Masters Fund Equinox 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 % Equinox Frontier Balanced Fund Equinox 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 % Equinox Frontier Winton Fund Equinox 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 mangement 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. Equinox Frontier Diversified Fund Equinox Frontier Masters Fund Equinox 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 % Equinox Frontier Balanced Fund Equinox 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 % Equinox Frontier Winton Fund Equinox 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 Diversified Fund (5) Equinox Frontier Masters Fund Equinox 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, 2013 $ 87.10 $ 94.35 $ 84.21 $ 91.83 $ 99.46 $ 91.91 $ 125.26 $ 125.30 $ 92.73 $ 100.34 $ 100.47 Net operating results: Interest income 0.94 1.03 1.01 1.08 1.19 1.16 1.47 1.47 1.09 1.18 1.22 Expenses (13.06 ) (12.11 ) (11.89 ) (11.55 ) (10.53 ) (10.27 ) (9.22 ) (9.26 ) (8.72 ) (7.40 ) (7.64 ) Net gain/(loss) on investments, net of non-controlling interests 38.11 41.40 41.70 35.25 38.41 36.26 20.79 20.83 16.02 17.23 17.72 Net income/(loss) 25.99 30.32 30.82 24.78 29.07 27.15 13.04 13.04 8.39 11.01 11.30 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 Ratios to average net assets (3) Net investment income/(loss) -13.72 % -11.36 % -11.36 % -11.32 % -9.17 % -9.17 % -6.27 % -6.27 % -8.35 % -6.27 % -6.27 % Expenses before incentive fees (4) 6.62 % 4.26 % 4.26 % 8.08 % 5.92 % 5.92 % 6.06 % 6.06 % 8.15 % 6.06 % 6.02 % Expenses after incentive fees (4) 14.78 % 12.41 % 12.41 % 12.49 % 10.34 % 10.34 % 7.46 % 7.46 % 9.54 % 7.46 % 7.46 % Total return before incentive fees (2) 38.00 % 40.29 % 44.75 % 31.40 % 33.64 % 33.96 % 11.80 % 11.80 % 10.44 % 12.37 % 12.68 % Total return after incentive fees (2) 29.84 % 32.14 % 36.60 % 26.98 % 29.23 % 29.54 % 10.41 % 10.41 % 9.05 % 10.97 % 11.25 % Equinox Frontier Balanced Fund (6) Equinox Frontier Select Fund (6) 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, 2013 $ 106.29 $ 102.62 $ 140.49 $ 118.80 $ 118.41 $ 79.86 $ 75.53 $ 104.14 Net operating results: Interest income 0.03 0.03 0.04 0.04 0.04 0.00 0.00 0.00 Expenses (9.48 ) (6.71 ) (8.38 ) (7.17 ) (7.13 ) (7.61 ) (5.48 ) (6.93 ) Net gain/(loss) on investments, net of non-controlling interests 34.70 37.26 47.01 41.35 41.20 23.36 26.77 31.27 Net income/(loss) 25.25 30.58 38.67 34.22 34.11 15.75 21.29 24.34 Net asset value, December 31, 2014 $ 131.54 $ 133.20 $ 179.16 $ 153.02 $ 152.52 $ 95.61 $ 96.82 $ 128.48 Ratios to average net assets (3) Net investment income/(loss) -8.79 % -5.79 % -5.79 % -5.79 % -5.79 % -9.61 % -6.61 % -6.61 % Expenses before incentive fees (4) 4.92 % 1.92 % 1.92 % 1.92 % 1.92 % 7.14 % 4.14 % 4.14 % Expenses after incentive fees (4) 8.82 % 5.82 % 5.82 % 5.82 % 5.82 % 9.61 % 6.61 % 6.61 % Total return before incentive fees (2) 27.65 % 33.69 % 31.42 % 32.70 % 32.70 % 22.20 % 30.66 % 25.85 % Total return after incentive fees (2) 23.76 % 29.80 % 27.53 % 28.80 % 28.81 % 19.72 % 28.19 % 23.37 % Equinox Frontier Winton Fund (6) Equinox Frontier Heritage Fund (6) Class 1 Class 1AP Class 2 Class 1 Class 1AP Class 2 Per unit operating performance (1) Net asset value, December 31, 2013 $ 139.59 $ 138.93 $ 174.17 $ 102.05 $ 98.80 $ 134.21 Net operating results: Interest income 0.00 0.00 0.00 0.00 0.00 0.00 Expenses (17.82 ) (13.99 ) (17.09 ) (10.02 ) (7.36 ) (9.27 ) Net gain/(loss) on investments, net of non-controlling interests 54.18 53.24 69.15 38.25 40.49 51.62 Net income/(loss) 36.36 39.25 52.06 28.23 33.13 42.35 Net asset value, December 31, 2014 $ 175.95 $ 178.18 $ 226.23 $ 130.28 $ 131.93 $ 176.56 Ratios to average net assets (3) Net investment income/(loss) -12.22 % -9.22 % -9.22 % -9.68 % -6.67 % -6.67 % Expenses before incentive fees (4) 7.09 % 4.09 % 4.09 % 6.53 % 3.53 % 3.53 % Expenses after incentive fees (4) 12.22 % 9.22 % 9.22 % 9.68 % 6.67 % 6.67 % Total return before incentive fees (2) 31.18 % 33.38 % 35.02 % 30.81 % 36.68 % 34.70 % Total return after incentive fees (2) 26.05 % 28.25 % 29.89 % 27.66 % 33.53 % 31.56 % (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. (5) Class 3 began operations on February 24, 2014. (6) Class 1AP began operations on July 31, 2014. |
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, 2016, 2015 and 2014. Frontier Trading Frontier Trading Frontier Trading Company I LLC Company II LLC Company VII, LLC (1) 12/31/2016 12/31/2015 12/31/2014 12/31/2016 12/31/2015 12/31/2014 12/31/2016 12/31/2015 12/31/2014 Net Investment Gain -0.01 % -0.11 % -0.12 % 0.04 % 0.02 % 0.03 % 0.05 % -0.02 % -0.03 % Total Return 19.51 % 63.74 % 145.03 % 36.78 % 67.48 % 241.28 % 145.34 % 117.20 % 37.77 % Frontier Trading Frontier Trading Frontier Trading Company XIV, LLC (2) Company XV, LLC Company XXIII, LLC (3) 12/31/2016 12/31/2015 12/31/2014 12/31/2016 12/31/2015 12/31/2014 12/31/2016 12/31/2015 12/31/2014 Net Investment Gain 0.11 % -0.01 % -0.20 % 0.01 % 0.01 % -0.02 % -0.42 % -0.45 % -0.46 % Total Return 75.41 % -27.64 % 159.10 % 32.45 % -0.93 % 19.79 % -99.9 % 48.44 % 2149.00 % Frontier Trading Frontier Trading Frontier Trading Company XXIX, LLC (4) Company XXXIX, LLC Company XXXIV, LLC 12/31/2016 12/31/2015 12/31/2014 12/31/2016 12/31/2015 12/31/2014 12/31/2016 12/31/2015 12/31/2014 Net Investment Gain 0.06 % -0.04 % 0.01 % 0.00 % 0.00 % 0.00 % 0.00 % -0.02 % -0.05 % Total Return -100.00 % -56.27 % -37.15 % 5.02 % -29108.31 % 38.75 % 2.30 % 1.43 % 41.75 % Frontier Trading Frontier Trading Frontier Trading Company XXXV, LLC Company XXXVII, LLC Company XXXVIII, LLC 12/31/2016 12/31/2015 12/31/2014 12/31/2016 12/31/2015 12/31/2014 12/31/2016 12/31/2015 12/31/2014 Net Investment Gain 0.00 % 0.00 % 0.00 % 0.00 % 0.00 % 0.00 % -0.02 % -0.04 % -0.07 % Total Return 7.97 % 32.20 % 91.13 % -2.57 % -2.86 % 47.89 % -71.58 % -58.46 % 85.85 % (1) Trading Company VII ceased trading operations April 28, 2016 (2) Trading Company XIV ceased trading operations April 21, 2016 (3) Trading Company XXIII ceased trading operations July 22, 2016 (4) Trading Company XXIX commenced operations in November 2014 and ceased trading operations January 29, 2016. |
Derivative Instruments and He41
Derivative Instruments and Hedging Activities (Tables) | 12 Months Ended |
Dec. 31, 2016 | |
Equinox Frontier Funds [Member] | |
Realized Trading Revenue from Futures, Forwards and Options | The following tables summarize the trading revenues for the years ended December 31, 2016, 2015 and 2014 by contract type: Realized Trading Revenue from Futures, Forwards and Options for the Year Ended December 31, 2016 (1) Type of contract Metals $ (5,751,634 ) Currencies 709,961 Energies (1,587,318 ) Agriculturals (575,501 ) Interest rates 13,405,526 Stock indices (2,720,102 ) Realized trading income/(loss) (1) $ 3,480,932 Net Change in Open Trade Equity from Futures, Forwards and Options for the Year Ended December 31, 2016 (2) Type of contract Metals $ 2,331,970 Currencies (686,838 ) Energies 3,220,688 Agriculturals 668,389 Interest rates 1,421,750 Stock indices 396,253 Change in unrealized trading income/(loss) (2) $ 7,352,212 (1) In the Consolidated Statement of Operations under net realized gain/(loss) on futures, forwards and options (2) In the Consolidated Statement of Operations under net change in open trade equity (deficit), at fair value. Realized Trading Revenue from Futures, Forwards and Options for the Year Ended December 31, 2015 (1) 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 Net Change in Open Trade Equity from Futures, Forwards and Options for the Year Ended December 31, 2015 (2) 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) (2) $ (19,985,903 ) (1) In the Consolidated Statement of Operations under net realized gain/(loss) on futures, forwards and options. (2) In the Consolidated Statement of Operations under net change in open trade equity (deficit), at fair value. Realized Trading Revenue from Futures, Forwards and Options for the Year Ended December 31, 2014 (1) Type of contract Metals $ (256,981 ) Currencies 17,899,627 Energies 3,916,742 Agriculturals 1,567,689 Interest rates 29,064,075 Stock indices 4,024,271 Realized trading income/(loss) (1) $ 56,215,423 Net Change in Open Trade Equity from Futures, Forwards and Options for the Year Ended December 31, 2014 (2) Type of contract Metals $ (1,062,356 ) Currencies (3,251,824 ) Energies 2,821,849 Agriculturals 385,834 Interest rates 4,804,024 Stock indices (5,536,926 ) Change in unrealized trading income/(loss) (2) $ (1,839,399 ) (1) In the Consolidated Statement of Operations under net realized gain/(loss) on futures, forwards and options (2) In the Consolidated Statement of Operations under net change in open trade equity (deficit), at fair value. |
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, 2016 and 2015: 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 Offsetting of Derivative Assets and Liabilities As of December 31, 2015 Net Amounts Gross Amounts Presented in the Gross Amounts offset in the Statement of of recognized Statement of Financial Derivative Assets Financial Condition Condition Open Trade Equity/(Deficit) $ 2,101,541 $ (6,450,411 ) $ (4,348,870 ) Options Purchased 526,288 — 526,288 Options Written — (165,760 ) (165,760 ) Swap Contracts 40,136,065 — 40,136,065 |
Series Of Frontier Fund [Member] | |
Monthly 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, 2016 Monthly average contracts: Bought Sold Equinox Frontier Balanced Fund 3,551 3,667 Equinox Frontier Long/Short Commodity Fund 17 7 Equinox Frontier Select Fund 2,403 2,134 Equinox Frontier Winton Fund 646 768 For the Year Ended December 31, 2015 Monthly average contracts: Bought Sold Equinox Frontier Balanced Fund 5,930 6,000 Equinox Frontier Diversified Fund 7,657 7,698 Equinox Frontier Select Fund 2,213 2,285 Equinox Frontier Winton Fund 629 697 For the Year Ended December 31, 2014 Monthly average contracts: Bought Sold Equinox Frontier Long/Short Commodity Fund 3,583 3,892 Equinox Frontier Balanced Fund 8,795 8,811 Equinox Frontier Diversified Fund 9,017 8,941 |
Realized Trading Revenue from Futures, Forwards and Options | The following tables summarize the trading revenues for the years ended December 31, 2016, 2015 and 2014 by sector: Realized Trading Revenue from Futures, Forwards and Options for the Year Ended December 31, 2016 Equinox Frontier Long/Short Equinox Frontier Equinox Frontier Equinox Frontier Type of contract Commodity Fund Balanced Fund Select Fund Winton 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 for the Year Ended December 31, 2015 Equinox Frontier Equinox Frontier Equinox Frontier Equinox Frontier Type of contract Diversified Fund Balanced Fund Select Fund Winton 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 Realized Trading Revenue from Futures, Forwards and Options for the Year Ended December 31, 2014 Equinox Frontier Long/Short Equinox Frontier Equinox Frontier Type of contract Commodity Fund Balanced Fund Diversified Fund Metals $ (60,704 ) $ 395,916 $ (137,422 ) Currencies (278,672 ) 4,230,277 2,058,953 Energies (1,920,468 ) 514,658 1,116,359 Agriculturals (252,807 ) 712,902 1,285,340 Interest rates (223,175 ) 10,131,219 7,556,999 Stock indices 154,966 (1,678,771 ) 3,975,474 Realized trading income/(loss) (1) $ (2,580,860 ) $ 14,306,201 $ 15,855,703 (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, 2016 Equinox Frontier Long/Short Equinox Frontier Equinox Frontier Equinox Frontier Type of contract Commodity Fund Balanced Fund Select Fund Winton 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 for the Year Ended December 31, 2015 Equinox Frontier Equinox Frontier Equinox Frontier Equinox Frontier Type of contract Diversified Fund Balanced Fund Select Fund Winton 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 ) Net Change in Open Trade Equity from Futures, Forwards and Options for the Year Ended December 31, 2014 Equinox Frontier Long/Short Equinox Frontier Equinox Frontier Type of contract Commodity Fund Balanced Fund Diversified Fund Metals $ (162,388 ) $ (637,522 ) $ (146,990 ) Currencies (6,439 ) (1,098,156 ) 844,069 Energies 1,631,427 711,051 533,875 Agriculturals (574,982 ) (445,848 ) 17,224 Interest rates 322,580 1,984,817 2,428,862 Stock indices (248,852 ) (889,661 ) (2,255,470 ) Change in unrealized trading income/(loss) (1) $ 961,346 $ (375,319 ) $ 1,421,570 |
Offsetting of Derivative Assets and Liabilities | he 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, 2016 and 2015. As of December 31, 2016 Net Amounts Gross Amounts of Gross Amounts offset Presented in the recognized in the Statements of Statements of Derivative Assets Financial Condition Financial Condition Equinox Frontier Balanced Fund Open Trade Equity/(Deficit) $ 515,659 $ (277,998 ) $ 237,661 Swap Contracts 18,939,450 — 18,939,450 Equinox Frontier Diversified Fund Swap Contracts $ 8,637,847 $ — $ 8,637,847 Equinox Frontier Long/Short Commodity Fund Swap Contracts $ 4,220,468 $ — $ 4,220,468 Equinox Frontier Heritage Fund Swap Contracts $ 8,391,414 $ — $ 8,391,414 Equinox Frontier Select Fund Open Trade Equity/(Deficit) $ 1,136,504 $ (450,482 ) $ 686,022 Equinox Frontier Winton Fund Open Trade Equity/(Deficit) $ 2,393,850 $ (1,171,326 ) $ 1,222,524 As of December 31, 2015 Net Amounts Gross Amounts of Gross Amounts offset Presented in the recognized in the Statements of Statements of Derivative Assets Financial Condition Financial Condition Equinox Frontier Balanced Fund Open Trade Equity/(Deficit) $ 26,882 $ (15,352 ) $ 11,530 Swap Contracts 19,157,520 — 19,157,520 Equinox Frontier Diversified Fund Swap Contracts $ 8,685,849 $ — $ 8,685,849 Equinox Frontier Long/Short Commodity Fund Swap Contracts $ 4,332,428 $ — $ 4,332,428 Equinox Frontier Heritage Fund Swap Contracts $ 7,960,268 $ — $ 7,960,268 Equinox Frontier Select Fund Open Trade Equity/(Deficit) $ 495,020 $ (32,681 ) $ 462,339 Equinox Frontier Winton Fund Open Trade Equity/(Deficit) $ 768,118 $ (168,539 ) $ 599,579 |
The Trading Companies of the Equinox Frontier Funds [Member] | |
Monthly 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, 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 14,984 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 For the Year Ended December 31, 2014 Monthly average contracts: Bought Sold Frontier Trading Company I LLC 10,431 10,301 Frontier Trading Company II LLC 1,658 1,626 Frontier Trading Company VII LLC 11,107 11,212 Frontier Trading Company XIV LLC 3,156 3,140 Frontier Trading Company XV LLC 4,102 4,066 Frontier Trading Company XXIII LLC 1,981 1,952 Frontier Trading Company XXIX LLC 42 22 Frontier Trading Company XXXIV LLC 1,936 1,938 Frontier Trading Company XXXVIII LLC 1,730 1,622 |
Realized Trading Revenue from Futures, Forwards and Options | The following tables summarize the trading revenues for the years ended December 31, 2016, 2015 and 2014, approximately by sector: Realized Trading Revenue from Futures, Forwards, and Options for the Year Ended December 31, 2016 (1) Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of Contract Company I LLC Company II LLC Company VII LLC Company XIV 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 Type of Contract Company XV LLC Company XXIII LLC Company XXIX LLC Company XXXVIII 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 ) Unrealized Trading Revenue from Futures, Forwards, and Options for the Year Ended December 31, 2016 (2) Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of Contract Company I LLC Company II LLC Company VII 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 ) Unrealized trading income/(loss) (2) $ (256,870 ) $ 521,238 $ 6,437,371 $ (34,485 ) Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of Contract Company XV LLC Company XXIII LLC Company XXIX LLC Company XXXVIII 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 Unrealized trading income/(loss) (2) $ 200,590 $ 27,706 $ (4,750 ) $ (79,619 ) (1) In the Statement of Operations under net realized gain/(loss) on futures, forwards and options (2) In the Statement of Operations under net change in open trade equity and net unrealized gain/(loss) on option/swap contracts Realized Trading Revenue from Futures, Forwards and Options for the Year Ended December 31, 2015 (1) Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of contract Company I LLC Company II LLC Company VII, LLC Company XIV, 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 Type of contract Company XV, LLC Company XXIII, LLC Company XXIX, LLC Company XXXIV, 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 Type of contract Company XXXVIII, 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 ) Unrealized Trading Revenue from Futures, Forwards and Options for the Year Ended December 31, 2015 (2) Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of contract Company I LLC Company II LLC Company VII, 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 ) Unrealized trading income/(loss) (2) $ (1,192,808 ) $ (2,873,705 ) $ (12,031,602 ) $ (990,384 ) Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of contract Company XV, LLC Company XXIII, LLC Company XXIX, LLC Company XXXVIII, 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 ) Unrealized trading income/(loss) (2) $ (1,196,519 ) $ (921,311 ) 284,591 (1,064,164 ) (1) In the Statement of Operations under net realized gain/(loss) on futures, forwards and options (2) In the Statement of Operations under net change in open trade equity and net unrealized gain/(loss) on option/swap contracts Realized Trading Revenue from Futures, Forwards and Options for the Year Ended December 31, 2014 (1) Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of contract Company I LLC Company II LLC Company VII, LLC Company XIV, LLC Metals $ (437,457 ) $ 170,841 $ 690,535 $ (882,227 ) Currencies 1,750,349 3,665,521 2,527,403 2,737,165 Energies 1,194,230 5,800,067 (3,255,197 ) 237,904 Agriculturals 1,309,078 (1,089,242 ) (158,431 ) 829,935 Interest rates 10,676,345 12,258,469 123,894 3,297,947 Stock indices 3,172,068 1,689,346 219,589 (1,068,847 ) Realized trading income/(loss) (1) $ 17,664,613 $ 22,495,002 $ 147,793 $ 5,151,877 Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of contract Company XV, LLC Company XXIII, LLC Company XXIX, LLC Company XXXIV, LLC Metals $ 575,380 $ (217,610 ) $ (52,470 ) $ 7,721 Currencies 1,090,109 1,160,826 (94,092 ) (261,257 ) Energies 561,158 (605,056 ) (358,642 ) 180 Agriculturals 949,454 — (24,200 ) — Interest rates 2,379,839 5,823,668 138,650 — Stock indices (875,183 ) 667,519 80,496 (1,806,979 ) Realized trading income/(loss) (1) $ 4,680,757 $ 6,829,347 $ (310,258 ) $ (2,060,335 ) Frontier Trading Type of contract Company XXXVIII, LLC Metals $ (111,695 ) Currencies 5,323,603 Energies 408,068 Agriculturals (248,904 ) Interest rates (5,722,822 ) Stock indices 1,968,275 Realized trading income/(loss) (1) $ 1,616,525 Unrealized Trading Revenue from Futures, Forwards and Options for the Year Ended December 31, 2014 (2) Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of contract Company I LLC Company II LLC Company VII, LLC Company XIV, LLC Metals $ (111,947 ) $ (379,502 ) $ (67,120 ) $ 164,178 Currencies 365,702 (685,924 ) 90,671 (743,778 ) Energies 389,322 526,450 410,565 873,446 Agriculturals (89,486 ) (281,100 ) 967,983 (28,250 ) Interest rates 1,577,387 2,337,987 (432,162 ) 371,048 Stock indices (946,046 ) (2,365,920 ) (409,378 ) (317,959 ) Unrealized trading income/(loss) (2) $ 1,184,932 $ (848,009 ) $ 560,559 $ 318,685 Frontier Trading Frontier Trading Frontier Trading Frontier Trading Type of contract Company XV, LLC Company XXIII, LLC (3) Company XXIX, LLC (5) Company XXXVIII, LLC (4 Metals $ (593,950 ) $ 20,878 $ (41,409 ) $ (53,485 ) Currencies (1,724,126 ) (278,910 ) 9,969 (285,427 ) Energies 875,619 2,817 (322,182 ) 65,813 Agriculturals (53,695 ) — (18,006 ) (111,612 ) Interest rates 464,025 1,653,065 61,567 (1,228,893 ) Stock indices (417,885 ) (572,090 ) 30,221 (537,869 ) Unrealized trading income/(loss) (2) $ (1,450,012 ) $ 825,760 $ (279,840 ) $ (2,151,473 ) (1) In the Statement of Operations under net realized gain/(loss) on futures, forwards and options (2) In the Statement of Operations under net change in open trade equity and net unrealized gain/(loss) on option/swap contracts |
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, 2016 and 2015. Net Amounts of As of December 31, 2016 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 Net Amounts of As of December 31, 2015 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) $ 795,813 $ (40,361 ) $ 755,452 Options Purchased 371,758 — 371,758 Options Written — (165,760 ) (165,760 ) Frontier Trading Company II, LLC Open Trade Equity/(Deficit) $ 768,117 $ (168,538 ) $ 599,579 Frontier Trading Company VII, LLC Open Trade Equity/(Deficit) $ 11,386 $ (6,493,885 ) $ (6,482,499 ) Options Purchased 154,380 — 154,380 Frontier Trading Company XIV, LLC Open Trade Equity/(Deficit) $ 34,484 $ — $ 34,484 Frontier Trading Company XV, LLC Open Trade Equity/(Deficit) $ 495,021 $ (32,681 ) $ 462,340 Frontier Trading Company XXIII, LLC Open Trade Equity/(Deficit) $ 7,381 $ (35,087 ) $ (27,706 ) Frontier Trading Company XXIX, LLC Open Trade Equity/(Deficit) $ 4,750 $ — $ 4,750 Frontier Trading Company XXXIV, LLC Swap Contracts $ 19,157,522 $ — $ 19,157,522 Frontier Trading Company XXXV, LLC Swap Contracts $ 8,685,850 $ — $ 8,685,850 Frontier Trading Company XXXVII, LLC Swap Contracts $ 4,332,427 $ — $ 4,332,427 Frontier Trading Company XXXVIII, LLC Open Trade Equity/(Deficit) $ 304,878 $ — $ 304,878 Frontier Trading Company XXXIX, LLC Swap Contracts $ 7,960,269 $ — $ 7,960,269 |
Fair Value Measurements (Tabl42
Fair Value Measurements (Tables) | 1 Months Ended | 3 Months Ended | 5 Months Ended | 6 Months Ended | 7 Months Ended | 8 Months Ended | 9 Months Ended | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | |
Galaxy Plus ADG Master Fund | ||||||||||
Financial Asset Portfolio, by Series, Measured at Fair Value on Recurring Basis | The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2016. 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: Index $ 95,397 $ 95,397 $ — $ — Interest 62,790 62,790 — — Forward currency contracts: 88,549 — 88,549 — Total investment assets at fair value 246,736 158,187 88,549 — Liabilities: Derivative contracts: Futures contracts: Index (99,439 ) (99,439 ) — — Interest (22,341 ) (22,341 ) — — Forward currency contracts: (108,577 ) — (108,577 ) — Total investment liabilities at fair value (230,357 ) (121,780 ) (108,577 ) — Total net investment at fair value $ 16,379 $ 36,407 $ (20,028 ) $ — | |||||||||
Galaxy Plus Aspect Master Fund | ||||||||||
Financial Asset Portfolio, by Series, Measured at Fair Value on Recurring Basis | The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2016. 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 $ 469 $ 469 $ — $ — Currency 256 256 — — Energy 14,432 14,432 — — Index 64,694 64,694 — — Interest 17,325 17,325 — — Metals 5,609 5,609 — — Total investment assets at fair value 102,785 102,785 — — Liabilities: Derivative contracts: Futures contracts: Agriculture (24,338 ) (24,338 ) — — Currency (116,769 ) (116,769 ) — — Energy (800 ) (800 ) — — Index (82,555 ) (82,555 ) — — Interest (113,586 ) (113,586 ) — — Metals (50,771 ) (50,771 ) — — Total investment liabilities at fair value (388,819 ) (388,819 ) — — Total net investment at fair value $ (286,034 ) $ (286,034 ) $ — $ — | |||||||||
Galaxy Plus Chesapeake Master Fund | ||||||||||
Financial Asset Portfolio, by Series, Measured at Fair Value on Recurring Basis | The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2016. 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 $ 196,586 $ 196,586 $ — $ — Currency 197,951 197,951 — — Energy 3,010 3,010 — — Index 105,124 105,124 — — Interest 46,146 46,146 — — Metals 127,303 127,303 — — Total investment assets at fair value 676,120 676,120 — — Liabilities: Derivative contracts: Futures contracts: Agriculture (239,749 ) (239,749 ) — — Currency (303,640 ) (303,640 ) — — Energy (1,690 ) (1,690 ) — — Index (283,641 ) (283,641 ) — — Interest (104,582 ) (104,582 ) — — Metals (168,670 ) (168,670 ) — — Total investment liabilities at fair value (1,101,972 ) (1,101,972 ) — — Total net investment at fair value $ (425,852 ) $ (425,852 ) $ — $ — | |||||||||
Galaxy Plus Doherty Master Fund | ||||||||||
Financial Asset Portfolio, by Series, Measured at Fair Value on Recurring Basis | The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2016. 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 $ 173,153 $ 173,153 $ — $ — Total investment assets at fair value 173,153 173,153 — — Liabilities: Derivative contracts: Options written on futures contracts: Index (150,655 ) (150,655 ) — — Futures contracts: Index (6,600 ) (6,600 ) — — Total investment liabilities at fair value (157,255 ) (157,255 ) — — Total net investment at fair value $ 15,898 $ 15,898 $ — $ — | |||||||||
Galaxy Plus EVE Master Fund | ||||||||||
Financial Asset Portfolio, by Series, Measured at Fair Value on Recurring Basis | The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2016. 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 $ 926,560 $ 926,560 $ — $ — Energy 4,621,523 4,621,523 — — Interest 60,274 60,274 — — Metals 168,374 168,374 — — Total investment assets at fair value 5,776,731 5,776,731 — — Liabilities: Derivative contracts: Futures contracts: Agriculture (1,091,557 ) (1,091,557 ) — — Energy (5,667,979 ) (5,667,979 ) — — Interest (74,449 ) (74,449 ) — — Metals (192,156 ) (192,156 ) — — Total investment liabilities at fair value (7,026,141 ) (7,026,141 ) — — Total net investment at fair value $ (1,249,410 ) $ (1,249,410 ) $ — $ — | |||||||||
Galaxy Plus Master Fort | ||||||||||
Financial Asset Portfolio, by Series, Measured at Fair Value on Recurring Basis | The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2016. 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 $ 37,882 $ 37,882 $ — $ — Energy 20,329 20,329 — — Index 144,838 144,838 — — Interest 266,315 266,315 — — Metals 800 800 — — Total investment assets at fair value 470,164 470,164 — — Liabilities: Derivative contracts: Futures contracts: Currency (262,088 ) (262,088 ) — — Energy (23,109 ) (23,109 ) — — Index (67,901 ) (67,901 ) — — Interest (271,387 ) (271,387 ) — — Metals (24,005 ) (24,005 ) — — Total investment liabilities at fair value (648,490 ) (648,490 ) — — Total net investment at fair value $ (178,326 ) $ (178,326 ) $ — $ — | |||||||||
Galaxy Plus LRR Master Fund | ||||||||||
Financial Asset Portfolio, by Series, Measured at Fair Value on Recurring Basis | The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2016. 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: Agriculture $ 577,440 $ 577,440 $ — $ — Futures contracts: Agriculture 344,861 344,861 — — Currency 106,710 106,710 — — Energy 18,203 18,203 — — Index 16,640 16,640 — — Interest 10,383 10,383 — — Total investment assets at fair value 1,074,237 1,074,237 — — Liabilities: Derivative contracts: Options written on futures contracts: Agriculture (209,580 ) (209,580 ) — — Futures contracts: Agriculture (62,224 ) (62,224 ) — — Currency (35,735 ) (35,735 ) — — Interest (63,287 ) (63,287 ) — — Metals (178,227 ) (178,227 ) — — Total investment liabilities at fair value (549,053 ) (549,053 ) — — Total net investment at fair value $ 525,184 $ 525,184 $ — $ — | |||||||||
Galaxy Plus QIM Master Fund | ||||||||||
Financial Asset Portfolio, by Series, Measured at Fair Value on Recurring Basis | The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2016. 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 $ 6,194 $ 6,194 $ — $ — Energy 127,499 127,499 — — Index 186,983 186,983 — — Interest 563,253 563,253 — — Metals 33,875 33,875 — — Total investment assets at fair value 917,804 917,804 — — Liabilities: Derivative contracts: Futures contracts: Currency (55,718 ) (55,718 ) — — Energy (886 ) (886 ) — — Index (270,541 ) (270,541 ) — — Interest (222,313 ) (222,313 ) — — Metals (37,203 ) (37,203 ) — — Total investment liabilities at fair value (586,661 ) (586,661 ) — — Total net investment at fair value $ 331,143 $ 331,143 $ — $ — | |||||||||
Galaxy Plus Quest Master Fund | ||||||||||
Financial Asset Portfolio, by Series, Measured at Fair Value on Recurring Basis | The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2016. 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 $ 50,117 $ 50,117 $ — $ — Currency 25,228 25,228 — — Energy 90,639 90,639 — — Index 130,467 130,467 — — Interest 70,986 70,986 — — Metals 20,700 20,700 — — Total investment assets at fair value 388,137 388,137 — — Liabilities: Derivative contracts: Futures contracts: Agriculture (9,610 ) (9,610 ) — — Currency (68,132 ) (68,132 ) — — Index (25,799 ) (25,799 ) — — Interest (62,941 ) (62,941 ) — — Metals (11,980 ) (11,980 ) — — Total investment liabilities at fair value (178,462 ) (178,462 ) — — Total net investment at fair value $ 209,675 $ 209,675 $ — $ — | |||||||||
Galaxy Plus Quest Fit Master Fund | ||||||||||
Financial Asset Portfolio, by Series, Measured at Fair Value on Recurring Basis | The following tables present the classification of derivatives, by type, into the fair value hierarchy levels as of December 31, 2016. 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 $ 21,754 $ 21,754 $ — $ — Currency 27,589 27,589 — — Energy 95,867 95,867 — — Index 181,417 181,417 — — Interest 106,989 106,989 — — Metals 38,480 38,480 — — Total investment assets at fair value 472,096 472,096 — — Liabilities: Derivative contracts: Futures contracts: Agriculture (18,572 ) (18,572 ) — — Currency (104,068 ) (104,068 ) — — Index (17,403 ) (17,403 ) — — Interest (182,105 ) (182,105 ) — — Metals (15,465 ) (15,465 ) — — Total investment liabilities at fair value (337,613 ) (337,613 ) — — Total net investment at fair value $ 134,483 $ 134,483 $ — $ — |
Derivative Financial Instrume43
Derivative Financial Instruments (Tables) | 1 Months Ended | 3 Months Ended | 5 Months Ended | 6 Months Ended | 7 Months Ended | 8 Months Ended | 9 Months Ended | 12 Months Ended | |||
Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | |
Galaxy Plus ADG Master Fund | |||||||||||
Realized Trading Revenue from Futures, Forwards and Options | Description Quantity Notional Value Description Quantity Notional Value Long: Short: Index 83 $ 5,718,068 Index 101 $ (5,110,355 ) Interest 70 9,237,013 Interest 50 (5,048,827 ) During the period ended December 31, 2016, the Master Fund participated in 840 futures contract, and 178 forward currency contract transactions. Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Futures contracts: Index $ 833,755 Interest 144,425 Total futures contracts 978,180 Forward currency contracts: (429,699 ) Trading costs (7,565 ) Total net trading gain (loss) 540,916 * Includes both realized gain of $524,537 and unrealized gain of $16,379 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 Aspect Master Fund | |||||||||||
Realized Trading Revenue from Futures, Forwards and Options | Description Quantity Notional Value Description Quantity Notional Value Long: Short: Agriculture 4 $ 200,800 Agriculture 37 $ (833,523 ) Currency 14 1,005,500 Currency 96 (10,153,788 ) Energy 8 409,568 Index 8 (259,054 ) Index 160 12,411,899 Interest 337 (98,099,644 ) Interest 25 3,549,392 Metals 10 (1,046,944 ) Metals 10 732,057 During the period ended December 31, 2016, the Master Fund participated in 551 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 $ (29,808 ) Currency (159,301 ) Energy 14,792 Index (34,488 ) Interest (113,719 ) Metals (48,675 ) Total futures contracts (371,199 ) Trading costs (1,473 ) Total net trading gain (loss) (372,672 ) * Includes both realized loss of ($86,638) and unrealized loss of ($286,034) 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 Chesapeake Master Fund | |||||||||||
Realized Trading Revenue from Futures, Forwards and Options | Description Quantity Notional Value Description Quantity Notional Value Long: Short: Agriculture 176 $ 4,295,326 Agriculture 237 $ (4,580,359 ) Currency 169 13,042,755 Currency 188 (19,846,112 ) Energy 7 388,247 Index 123 (839,216 ) Index 2,085 16,290,529 Interest 460 (80,443,020 ) Interest 2 310,850 Metals 12 (970,948 ) Metals 60 4,041,915 During the period ended December 31, 2016, the Master Fund participated in 2,837 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 $ (22,570 ) Currency 558,170 Energy (53,624 ) Index 196,686 Interest (421,152 ) Metals (242,409 ) Total futures 15,101 Trading costs (35,339 ) Total net trading gain (loss) (20,238 ) * Includes both realized gain of $405,614 and unrealized loss 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 Doherty Master Fund | |||||||||||
Realized Trading Revenue from Futures, Forwards and Options | Description Quantity Notional Value Long: Index 6 $ 670,875 During the period ended December 31, 2016, the Master Fund participated in 280 futures contract, and 3,687 options on futures contract transactions. Transactions in options written during the period ending December 31, 2016, were as follows: Combined Number of Premiums Contracts Received Options outstanding at July 19, 2016 — $ — Options written 7,603 1,033,536 Options terminated in closing purchase transaction (267 ) (65,527 ) Options expired (5,239 ) (606,413 ) Options exercised (60 ) (15,753 ) Options outstanding at December 31, 2016 2,037 $ 345,843 Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Options on futures contracts: Index $ (78,665 ) Total options on futures contracts (78,665 ) Futures contracts: Index 387,629 Total futures contracts 387,629 Trading costs (19,335 ) Total net trading gain (loss) 289,629 * Includes both realized gain of $212,853 and unrealized gain of $76,776 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 EVE Master Fund | |||||||||||
Realized Trading Revenue from Futures, Forwards and Options | Description Quantity Notional Value Description Quantity Notional Value Long: Short: Agriculture 774 $ 25,631,910 Agriculture 774 $ (27,345,460 ) Energy 1,553 78,201,502 Energy 1,859 (99,919,567 ) Interest 232 56,840,000 Interest 232 (57,118,400 ) Metals 144 7,802,070 Metals 72 (4,532,400 ) During the period ended December 31, 2016, the Master Fund participated in 3,234 futures contract, and 24 options on futures contract transactions. Transactions in options written during the period ending December 31, 2016, were as follows: Number of Premiums Contracts Received Options outstanding at April 15, 2016 — $ — Options written 1,784 173,640 Options terminated in closing purchase transaction — — Options expired (1,784 ) (173,640 ) Options exercised — — Options outstanding at December 31, 2016 — $ — Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Options on futures contracts: Energy $ (90,450 ) Total options on future contracts (90,450 ) Futures contracts: Agriculture 412,690 Energy 1,485,335 Interest 109,881 Metals 1,121,772 Total futures contracts 3,129,678 Trading costs (354,496 ) Total net trading gain (loss) 2,684,732 * Includes both realized gain of $3,934,142 and unrealized loss of ($1,249,410) 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 Master Fort | |||||||||||
Realized Trading Revenue from Futures, Forwards and Options | Description Quantity Notional Value Description Quantity Notional Value Long: Short: Currency 154 8,936,045 Currency 187 $ (18,503,140 ) Energy 19 $ 991,065 Energy 9 (599,766 ) Index 209 16,572,988 Interest 87 (14,575,999 ) Interest 1,799 389,310,282 Metals 8 518,408 During the year ended December 31, 2016, the Master Fund participated in 18,602 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 $ 627,772 Energy (495,058 ) Index 879,821 Interest (1,926,191 ) Metals (2,660 ) Total futures contracts (916,316 ) Trading costs (89,571 ) Total net trading gain (loss) $ (1,005,887 ) * Includes both realized loss of ($827,897) and unrealized loss of ($177,990) 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 LRR Master Fund | |||||||||||
Realized Trading Revenue from Futures, Forwards and Options | Description Quantity Notional Value Description Quantity Notional Value Long: Short: Agriculture 281 $ 9,678,311 Agriculture 42 $ (1,091,702 ) Currency 94 6,308,096 Currency 71 (8,840,750 ) Energy 18 650,880 Index 11 (1,728,705 ) Metals 47 3,703,237 Interest 59 (8,841,826 ) During the period ended December 31, 2016, the Master Fund participated in 882 futures contract, and 96 options on futures contract transactions. Transactions in options written during the period ending December 31, 2016, were as follows: Number of Premiums Contracts Received Options outstanding at April 28, 2016 — $ — Options written 939 722,649 Options terminated in closing purchase transaction (421 ) (338,210 ) Options expired (174 ) (24,190 ) Options exercised — — Options outstanding at December 31, 2016 344 $ 360,249 Below is a summary of net trading gains and (losses) by investment type and industry: Net Trading Gain (Loss)* Options on futures contracts: Agriculture $ 471,295 Total options on futures contracts 471,295 Futures contracts: Agriculture (91,333 ) Currency 238,953 Energy (96,311 ) Index (82,943 ) Interest 195,280 Metals 73,105 Total futures contracts 236,751 Trading costs (37,240 ) Total net trading gain (loss) 670,806 * Includes both realized gain of $72,602 and unrealized gain of $598,204 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 QIM Master Fund | |||||||||||
Realized Trading Revenue from Futures, Forwards and Options | Description Quantity Notional Value Description Quantity Notional Value Long: Short: Energy 107 $ 5,750,480 Currency 77 $ (9,585,868 ) Index 1,199 83,220,998 Index 19 (2,248,308 ) Interest 507 89,166,742 Interest 379 (51,788,857 ) Metals 56 4,835,880 During the period ended December 31, 2016, the Master Fund participated in 15,996 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 $ (72,964 ) Energy (599,938 ) Index 6,853,123 Interest 286,872 Metals (56,901 ) Total futures contracts 6,410,192 Trading costs (90,118 ) Total net trading gain (loss) 6,320,074 * Includes both realized gain of $5,988,931 and unrealized gain of $331,143 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 Quantmetrics Master Fund | |||||||||||
Realized Trading Revenue from Futures, Forwards and Options | During the period ended December 31, 2016, the Master Fund participated in 45,184 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 $ (348,068 ) Index 234,276 Interest 28,147 Total futures (85,645 ) Trading costs (174,832 ) Total net trading gain (loss) (260,477 ) * Includes realized loss of ($260,477) and is located in net realized gain (loss) on investments the statement of operations. Amounts exclude foreign currency transactions and translation. | ||||||||||
Galaxy Plus Quest Master Fund | |||||||||||
Realized Trading Revenue from Futures, Forwards and Options | Description Quantity Notional Value Description Quantity Notional Value Long: Short: Agriculture 18 $ 732,117 Agriculture 46 $ (1,067,729 ) Currency 13 1,714,199 Currency 125 (10,354,445 ) Energy 56 2,904,642 Index 6 (444,351 ) Index 131 9,848,493 Interest 391 (101,275,507 ) Interest 49 7,485,508 Metals 10 (940,915 ) Metals 7 444,150 During the period ended December 31, 2016, the Master Fund participated in 3,293 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 $ (70,719 ) Currency (564,186 ) Energy (656,150 ) Index 366,302 Interest (671,396 ) Metals 97,913 Total futures contracts (1,498,236 ) Trading costs (42,555 ) Total net trading gain (loss) $ (1,540,791 ) * Includes both realized loss of ($1,750,466) and unrealized gain of $209,675 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 Quest Fit Master Fund | |||||||||||
Realized Trading Revenue from Futures, Forwards and Options | Description Quantity Notional Value Description Quantity Notional Value Long: Short: Agriculture 36 $ 1,220,205 Agriculture 21 $ (655,515 ) Currency 14 1,845,422 Currency 170 (14,304,117 ) Energy 54 3,121,817 Interest 722 (173,451,824 ) Index 201 12,952,702 Metals 14 (1,296,485 ) Metals 11 694,700 During the period ended December 31, 2016, the Master Fund participated in 1,372 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 $ (139,027 ) Currency 730,385 Energy (54,259 ) Index 495,186 Interest 985,234 Metals 462,350 Total futures 2,479,869 Trading costs (24,964 ) Total net trading gain (loss) 2,454,905 * Includes both realized gain of $2,320,422 and unrealized gain of $134,483 and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. |
Balance Sheet Offsetting (Table
Balance Sheet Offsetting (Tables) | 1 Months Ended | 3 Months Ended | 5 Months Ended | 6 Months Ended | 7 Months Ended | 8 Months Ended | 9 Months Ended | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | |
Galaxy Plus ADG Master Fund | ||||||||||
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 $ 158,187 $ (121,780 ) $ 36,407 Forward currency contracts (108,577 ) 88,549 (20,028 ) Total $ 49,610 $ (33,231 ) $ 16,379 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 $ 16,379 $ 1,555,411 $ 1,571,790 Total $ 16,379 $ 1,555,411 $ 1,571,790 | |||||||||
Galaxy Plus Aspect Master Fund | ||||||||||
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 $ (388,819 ) $ 102,785 $ (286,034 ) Total $ (388,819 ) $ 102,785 $ (286,034 ) 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 $ (286,034 ) $ 2,301,058 $ 2,015,024 Total $ (286,034 ) $ 2,301,058 $ 2,015,024 | |||||||||
Galaxy Plus Chesapeake Master Fund | ||||||||||
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 $ (1,101,972 ) $ 676,120 $ (425,852 ) Total $ (1,101,972 ) $ 676,120 $ (425,852 ) 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 $ (425,852 ) $ 5,814,400 $ 5,388,548 Total $ (425,852 ) $ 5,814,400 $ 5,388,548 | |||||||||
Galaxy Plus Doherty Master Fund | ||||||||||
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 $ (6,600 ) $ — $ (6,600 ) Options purchased on futures contracts 173,153 — 173,153 Options written on futures contracts (150,655 ) — (150,655 ) Total $ 15,898 $ — $ 15,898 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 $ 15,898 $ 496,013 $ 511,911 Total $ 15,898 $ 496,013 $ 511,911 | |||||||||
Galaxy Plus EVE Master Fund | ||||||||||
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 $ (7,026,141 ) $ 5,776,731 $ (1,249,410 ) Total $ (7,026,141 ) $ 5,776,731 $ (1,249,410 ) 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 $ (1,249,410 ) $ 3,039,420 $ 1,790,010 Total $ (1,249,410 ) $ 3,039,420 $ 1,790,010 | |||||||||
Galaxy Plus Master Fort | ||||||||||
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 $ (648,490 ) $ 470,164 $ (178,326 ) Total $ (648,490 ) $ 470,164 $ (178,326 ) 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 $ (178,326 ) $ 3,263,570 $ 3,085,244 Total $ (178,326 ) $ 3,263,570 $ 3,085,244 | |||||||||
Galaxy Plus LRR Master Fund | ||||||||||
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 $ 496,797 $ (339,473 ) $ 157,324 Options purchased on futures contracts 577,440 — 577,440 Options written on futures contracts (209,580 ) — (209,580 ) Total $ 864,657 $ (339,473 ) $ 525,184 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 $ 525,184 $ 1,134,600 $ 1,659,784 Total $ 525,184 $ 1,134,600 $ 1,659,784 | |||||||||
Galaxy Plus QIM Master Fund | ||||||||||
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 $ (586,661 ) $ 917,804 $ 331,143 Total $ (586,661 ) $ 917,804 $ 331,143 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 $ 331,143 $ 14,705,935 $ 15,037,078 Total $ 331,143 $ 14,705,935 $ 15,037,078 | |||||||||
Galaxy Plus Quest Master Fund | ||||||||||
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 $ (178,462 ) $ 388,137 $ 209,675 Total $ (178,462 ) $ 388,137 $ 209,675 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 $ 209,675 $ 2,477,718 $ 2,687,393 Total $ 209,675 $ 2,477,718 $ 2,687,393 | |||||||||
Galaxy Plus Quest Fit Master Fund | ||||||||||
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 $ (337,613 ) $ 472,096 $ 134,483 Total $ (337,613 ) $ 472,096 $ 134,483 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 $ 134,483 $ 4,623,294 $ 4,757,777 Total $ 134,483 $ 4,623,294 $ 4,757,777 |
Financial Highlights (Tables)45
Financial Highlights (Tables) | 1 Months Ended | 3 Months Ended | 5 Months Ended | 6 Months Ended | 7 Months Ended | 8 Months Ended | 9 Months Ended | 12 Months Ended | |||
Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | Dec. 31, 2016 | |
Galaxy Plus ADG Master Fund | |||||||||||
Financial Highlights of Trust | Total return (A) 5.40 % Ratio to average member’s equity (B): Net investment income (C) 0.23 % 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 loss ratios are computed based upon weighted-average member’s equity as a whole for the period ended December 31, 2016. (C) The net investment loss ratio excludes net realized and unrealized gains (losses) on investments. | ||||||||||
Galaxy Plus Aspect Master Fund | |||||||||||
Financial Highlights of Trust | Total return (A) (7.46 )% 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 loss ratios are computed based upon weighted-average member’s equity as a whole for the period ended December 31, 2016. (C) The net investment loss ratio excludes net realized and unrealized gains (losses) on investments. | ||||||||||
Galaxy Plus Chesapeake Master Fund | |||||||||||
Financial Highlights of Trust | Total return (A) (0.46 )% Ratio to average member’s equity (B): Net investment income (C) (0.09 )% 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 loss ratios are computed based upon weighted-average member’s equity as a whole for the period ended December 31, 2016. (C) The net investment loss ratio excludes net realized and unrealized gains (losses) on investments. | ||||||||||
Galaxy Plus Doherty Master Fund | |||||||||||
Financial Highlights of Trust | Total return (A) 4.59 % 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 loss ratios are computed based upon weighted-average member’s equity as a whole for the period ended December 31, 2016. (C) The net investment loss ratio excludes net realized and unrealized gains (losses) on investments. | ||||||||||
Galaxy Plus EVE Master Fund | |||||||||||
Financial Highlights of Trust | Total Return (A) 21.48 % 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 loss ratios are computed based upon weighted-average member’s equity as a whole for the period ended December 31, 2016. (C) The net investment loss ratio excludes net realized and unrealized gains (losses) on investments. | ||||||||||
Galaxy Plus Master Fort | |||||||||||
Financial Highlights of Trust | Total return (A) 5.30 % Ratio to average member’s equity (B): Net investment income (C ) (0.00 )%* Total expenses 0.00 %* * Amount represents less thant 0.005%. (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 period ended December 31, 2016. (C) The net investment loss ratio excludes net realized and unrealized gains (losses) on investments. | ||||||||||
Galaxy Plus LRR Master Fund | |||||||||||
Financial Highlights of Trust | Total return (A) 10.59 % 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 loss ratios are computed based upon weighted-average member’s equity as a whole for the period ended December 31, 2016. (C) The net investment loss ratio excludes net realized and unrealized gains (losses) on investments. | ||||||||||
Galaxy Plus QIM Master Fund | |||||||||||
Financial Highlights of Trust | Total return (A) 35.88 % Ratio to average member’s equity (B): Net investment loss(C) (0.07 )% Total expenses 0.07 % (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 period ended December 31, 2016. (C) The net investment loss ratio excludes net realized and unrealized gains (losses) on investments. | ||||||||||
Galaxy Plus Quantmetrics Master Fund | |||||||||||
Financial Highlights of Trust | Total return (A) (1.49 )% Ratio to average member’s equity (B): Net investment loss (C) (0.03 )% Total expenses 0.03 % (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 period ended December 31, 2016. (C) The net investment loss ratio excludes net realized and unrealized gains (losses) on investments. | ||||||||||
Galaxy Plus Quest Master Fund | |||||||||||
Financial Highlights of Trust | Total return (A) (28.26 )% Ratio to average member’s equity (B): Net investment loss (C) (0.18 )% Total expenses 0.18 % (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 period ended December 31, 2016. (C) The net investment loss ratio excludes net realized and unrealized gains (losses) on investments. | ||||||||||
Galaxy Plus Quest Fit Master Fund | |||||||||||
Financial Highlights of Trust | Total return (A) 27.75 % Ratio to average member’s equity (B): Net investment income (C) (0.07 )% Total expenses 0.07 % (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 period ended December 31, 2016. (C) The net investment loss ratio excludes net realized and unrealized gains (losses) on investments. | ||||||||||
Galaxy Plus Fund LLC | |||||||||||
Financial Highlights of Trust | Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - 510 Series 510 Series 510 Series 516 Series Class A Class C Class EF Class EF Total return before incentive fee 3.59 % 2.46 % -11.22 % 18.07 % Incentive fee -0.29 % -0.53 % -1.10 % -3.38 % Total return after incentive fee (A) 3.30 % 1.93 % -12.32 % 14.69 % Ratio to average members’ equity (B): Expenses excluding incentive fee 4.04 % 8.37 % 2.26 % 3.88 % * Incentive fee 0.28 % 0.52 % 1.15 % 3.19 % Total expenses and incentive fee 4.32 % 8.89 % 3.41 % 7.07 % Net investment income (loss) (C) -4.32 % -8.89 % 3.41 % -7.07 % * Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - 517 Series 518 Series 522 Series 526 Series Class EF Class EF Class EF Class C Total return before incentive fee -29.59 % -2.25 % 6.22 % 12.42 % Incentive fee 0.00 % -0.79 % -1.25 % -3.66 % Total return after incentive fee (A) -29.59 % -3.04 % 4.97 % 8.76 % Ratio to average members’ equity (B): Expenses excluding incentive fee 3.81 % * 3.27 % * 5.89 % * 2.93 % * Incentive fee 0.00 % 0.73 % 1.35 % 3.54 % Total expenses and incentive fee 3.81 % 4.00 % 7.24 % 6.47 % Net investment income (loss) (C) -3.81 % * -4.00 % * -7.24 % * -6.47 % * Galaxy Plus Galaxy Plus Galaxy Plus Galaxy Plus Fund LLC - Fund LLC - Fund LLC - Fund LLC - 526 Series 527 Series 528 Series 532 Series Class EF Class EF Class EF Class EF Total return before incentive fee 34.45 % -2.53 % 3.85 % -7.60 % Incentive fee -8.29 % 0.00 % -0.82 % 0.00 % Total return after incentive fee (A) 26.16 % -2.53 % 3.03 % -7.60 % Ratio to average members’ equity (B): Expenses excluding incentive fee 2.86 % * 1.98 % * 1.39 % * 3.44 % * Incentive fee 9.24 % 0.00 % 0.81 % 0.00 % Total expenses and incentive fee 12.10 % 1.98 % 2.20 % 3.44 % Net investment income (loss) (C) -12.10 % * -1.98 % * -2.20 % * -3.44 % * Galaxy Plus Fund LLC - 535 Series Class EF Total return before incentive fee 27.08 % Incentive fee 0.00 % Total return after incentive fee (A) 27.08 % Ratio to average members’ equity (B): Expenses excluding incentive fee 1.87 % * Incentive fee 0.00 % Total expenses and incentive fee 1.87 % Net investment income (loss) (C) -1.87 % * * 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, 2016. (C) The net investment income/(loss) ratio excludes net realized and unrealized gains (losses) on investments. |
Organization and Purpose (Detai
Organization and Purpose (Details Narrative) | 12 Months Ended |
Dec. 31, 2016 | |
Series Of Frontier Fund [Member] | |
Organization [Line Items] | |
Managing owner contributions to the series of the trust | 1.00% |
Series Of Frontier Fund [Member] | Minimum [Member] | |
Organization [Line Items] | |
Assets normally invested in one or more trading companies | 30.00% |
Series Of Frontier Fund [Member] | Maximum [Member] | |
Organization [Line Items] | |
Assets normally invested in one or more trading companies | 70.00% |
Series Of Frontier Fund [Member] | Class One Or Class Onea [Member] | |
Organization [Line Items] | |
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 One OneAP And Class Onea [Member] | |
Organization [Line Items] | |
Percentage of NAV charged as a service fees | 0.00% |
Series Of Frontier Fund [Member] | Class Two And Class Twoa [Member] | |
Organization [Line Items] | |
Service fee | 0.50% |
Service fee charged to limited owners | 0.25% |
Series Of Frontier Fund [Member] | Class Two [Member] | |
Organization [Line Items] | |
Service fee | 0.25% |
Equinox Frontier Funds [Member] | |
Organization [Line Items] | |
Managing owner contributions to the series of the trust | 1.00% |
Equinox Frontier Funds [Member] | Class One Or Class Onea [Member] | |
Organization [Line Items] | |
Percentage of NAV charged as a service fees | 3.00% |
Amortized monthly annual rate | 3.00% |
Redemption fee | 3.00% |
Equinox Frontier Funds [Member] | Class One OneAP And Class Onea [Member] | |
Organization [Line Items] | |
Redemption fee | 3.00% |
Equinox Frontier Funds [Member] | Class Two And Class Twoa [Member] | |
Organization [Line Items] | |
Service fee | 0.50% |
Service fee charged to limited owners | 0.25% |
Equinox Frontier Funds [Member] | Class Two [Member] | |
Organization [Line Items] | |
Service fee | 0.25% |
Significant Accounting Polici47
Significant Accounting Policies (Details) | 12 Months Ended |
Dec. 31, 2016 | |
Equinox Frontier Funds [Member] | |
Significant Accounting Policies [Line Items] | |
Interest allocated to each Series is paid to the Managing Owner | 20.00% |
Equinox Frontier Long Short Commodity Fund [Member] | |
Significant Accounting Policies [Line Items] | |
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] | |
Significant Accounting Policies [Line Items] | |
Aggregate interest income from all sources, including assets held at clearing brokers is paid to the Managing Owner | 20.00% |
Equinox Frontier Diversified Fund | |
Significant Accounting Policies [Line Items] | |
Aggregate interest income from all sources, including assets held at clearing brokers is paid to the Managing Owner | 20.00% |
Class OneA TwoA And ThreeA [Member] | Equinox Frontier Balanced Fund [Member] | |
Significant Accounting Policies [Line Items] | |
Aggregate interest income from all sources, including assets held at clearing brokers is paid to the Managing Owner | 20.00% |
Class Onea And Class Twoa [Member] | Equinox Frontier Balanced Fund [Member] | |
Significant Accounting Policies [Line Items] | |
Aggregate interest income from all sources, including assets held at clearing brokers is paid to the Managing Owner | 20.00% |
Minimum [Member] | Series Of Frontier Fund [Member] | |
Significant Accounting Policies [Line Items] | |
Gross income of the Trust constitutes qualifying income | 90.00% |
Minimum [Member] | Equinox Frontier Funds [Member] | |
Significant Accounting Policies [Line Items] | |
Gross income of the Trust constitutes qualifying income | 90.00% |
Maximum [Member] | Equinox Frontier Select Fund [Member] | |
Significant Accounting Policies [Line Items] | |
Aggregate interest income from all sources, including assets held at clearing brokers is paid to the Managing Owner | 2.00% |
Maximum [Member] | Equinox Frontier Winton Fund [Member] | |
Significant Accounting Policies [Line Items] | |
Aggregate interest income from all sources, including assets held at clearing brokers is paid to the Managing Owner | 2.00% |
Maximum [Member] | Equinox Frontier Long Short Commodity Fund [Member] | |
Significant Accounting Policies [Line Items] | |
Aggregate interest income from all sources, including assets held at clearing brokers is paid to the Managing Owner | 20.00% |
Maximum [Member] | Equinox Frontier Masters Fund [Member] | |
Significant Accounting Policies [Line Items] | |
Aggregate interest income from all sources, including assets held at clearing brokers is paid to the Managing Owner | 20.00% |
Maximum [Member] | Equinox Frontier Heritage Fund [Member] | |
Significant Accounting Policies [Line Items] | |
Aggregate interest income from all sources, including assets held at clearing brokers is paid to the Managing Owner | 2.00% |
Maximum [Member] | Equinox Frontier Diversified Fund | |
Significant Accounting Policies [Line Items] | |
Aggregate interest income from all sources, including assets held at clearing brokers is paid to the Managing Owner | 20.00% |
Maximum [Member] | Class One, Class 1AP And Class Two [Member] | Equinox Frontier Balanced Fund [Member] | |
Significant Accounting Policies [Line Items] | |
Aggregate interest income from all sources, including assets held at clearing brokers is paid to the Managing Owner | 2.00% |
Maximum [Member] | Class One And Class Two [Member] | Equinox Frontier Balanced Fund [Member] | |
Significant Accounting Policies [Line Items] | |
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, 2016 | Dec. 31, 2015 |
Open Trade Equity (Deficit) | $ 2,146,207 | $ (4,348,872) |
Swap Contracts | 40,189,178 | 40,136,065 |
U.S. Treasury Securities | 42,757,604 | 117,478,438 |
Purchased Options | 526,288 | |
Options Written | (165,760) | |
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Open Trade Equity (Deficit) | 2,091,623 | (4,424,290) |
Swap Contracts | ||
U.S. Treasury Securities | 42,757,604 | 117,478,438 |
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Open Trade Equity (Deficit) | 54,584 | 75,418 |
Swap Contracts | ||
U.S. Treasury Securities | ||
Purchased Options | 526,288 | |
Options Written | (165,760) | |
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Open Trade Equity (Deficit) | ||
Swap Contracts | 40,189,178 | 40,136,065 |
U.S. Treasury Securities | ||
Equinox Frontier Diversified Fund | ||
Swap Contracts | 8,637,847 | 8,685,849 |
U.S. Treasury Securities | 6,525,280 | 27,604,916 |
Equinox Frontier Diversified Fund | Fair Value, Measurements, Recurring [Member] | ||
Investment in Unconsolidated Trading Companies | 4,201,628 | 16,094,207 |
Swap Contracts | 8,637,847 | 8,685,849 |
U.S. Treasury Securities | 6,525,280 | 27,604,916 |
Equinox Frontier Diversified Fund | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Investment in Unconsolidated Trading Companies | 4,188,662 | 15,844,097 |
Open Trade Equity (Deficit) | 532,803 | |
Swap Contracts | ||
U.S. Treasury Securities | 6,525,280 | 27,604,916 |
Equinox Frontier Diversified Fund | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Investment in Unconsolidated Trading Companies | 12,966 | 250,110 |
Open Trade Equity (Deficit) | ||
Swap Contracts | ||
U.S. Treasury Securities | ||
Equinox Frontier Diversified Fund | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Investment in Unconsolidated Trading Companies | ||
Open Trade Equity (Deficit) | ||
Swap Contracts | 8,637,847 | 8,685,849 |
U.S. Treasury Securities | ||
Equinox Frontier Masters Fund [Member] | ||
Swap Contracts | ||
U.S. Treasury Securities | 4,313,843 | 11,953,206 |
Equinox Frontier Masters Fund [Member] | Fair Value, Measurements, Recurring [Member] | ||
Investment in Unconsolidated Trading Companies | 6,678,106 | 9,409,930 |
U.S. Treasury Securities | 4,313,843 | 11,953,206 |
Equinox Frontier Masters Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Investment in Unconsolidated Trading Companies | 6,667,632 | 9,383,235 |
U.S. Treasury Securities | 4,313,843 | 11,953,206 |
Equinox Frontier Masters Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Investment in Unconsolidated Trading Companies | 10,474 | 26,695 |
Open Trade Equity (Deficit) | ||
U.S. Treasury Securities | ||
Equinox Frontier Masters Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Investment in Unconsolidated Trading Companies | ||
Open Trade Equity (Deficit) | ||
U.S. Treasury Securities | ||
Equinox Frontier Long Short Commodity Fund [Member] | ||
Swap Contracts | 4,220,468 | 4,332,428 |
U.S. Treasury Securities | 4,792,817 | |
Equinox Frontier Long Short Commodity Fund [Member] | Fair Value, Measurements, Recurring [Member] | ||
Investment in Unconsolidated Trading Companies | 3,414,663 | |
Swap Contracts | 4,220,468 | 4,332,428 |
U.S. Treasury Securities | 4,792,817 | |
Equinox Frontier Long Short Commodity Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Investment in Unconsolidated Trading Companies | 3,355,174 | |
Open Trade Equity (Deficit) | ||
Swap Contracts | ||
U.S. Treasury Securities | 4,792,817 | |
Equinox Frontier Long Short Commodity Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Investment in Unconsolidated Trading Companies | 59,489 | |
Open Trade Equity (Deficit) | ||
Swap Contracts | ||
Equinox Frontier Long Short Commodity Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Investment in Unconsolidated Trading Companies | ||
Open Trade Equity (Deficit) | ||
Swap Contracts | 4,220,468 | 4,332,428 |
Equinox Frontier Balanced Fund [Member] | ||
Swap Contracts | 18,939,450 | 19,157,520 |
U.S. Treasury Securities | 9,770,117 | 41,148,676 |
Purchased Options | ||
Equinox Frontier Balanced Fund [Member] | Fair Value, Measurements, Recurring [Member] | ||
Investment in Unconsolidated Trading Companies | 5,965,331 | 17,623,968 |
Open Trade Equity (Deficit) | 237,661 | 11,530 |
Swap Contracts | 18,939,450 | 19,157,520 |
U.S. Treasury Securities | 9,770,117 | 41,148,676 |
Equinox Frontier Balanced Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Investment in Unconsolidated Trading Companies | 5,998,541 | 17,357,475 |
Open Trade Equity (Deficit) | 288,647 | 11,530 |
Swap Contracts | ||
U.S. Treasury Securities | 9,770,117 | 41,148,676 |
Equinox Frontier Balanced Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Investment in Unconsolidated Trading Companies | (33,210) | 266,493 |
Open Trade Equity (Deficit) | (50,986) | |
Swap Contracts | ||
U.S. Treasury Securities | ||
Equinox Frontier Balanced Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Investment in Unconsolidated Trading Companies | ||
Open Trade Equity (Deficit) | ||
Swap Contracts | 18,939,450 | 19,157,520 |
U.S. Treasury Securities | ||
Equinox Frontier Select Fund [Member] | ||
Swap Contracts | ||
U.S. Treasury Securities | 2,912,611 | 1,852,429 |
Equinox Frontier Select Fund [Member] | Fair Value, Measurements, Recurring [Member] | ||
Investment in Unconsolidated Trading Companies | 3,910,866 | 4,147,840 |
Open Trade Equity (Deficit) | 686,022 | 462,339 |
U.S. Treasury Securities | 2,912,611 | 1,852,429 |
Equinox Frontier Select Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Investment in Unconsolidated Trading Companies | 759,978 | 213,921 |
Open Trade Equity (Deficit) | 679,310 | 462,339 |
U.S. Treasury Securities | 2,912,611 | 1,852,429 |
Equinox Frontier Select Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Investment in Unconsolidated Trading Companies | 3,609 | |
Open Trade Equity (Deficit) | 6,712 | |
U.S. Treasury Securities | ||
Equinox Frontier Select Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Investment in Unconsolidated Trading Companies | 3,147,279 | |
Open Trade Equity (Deficit) | ||
Swap Contracts | 3,933,919 | |
U.S. Treasury Securities | ||
Equinox Frontier Winton Fund [Member] | ||
Swap Contracts | ||
U.S. Treasury Securities | 15,533,863 | 24,617,817 |
Equinox Frontier Winton Fund [Member] | Fair Value, Measurements, Recurring [Member] | ||
Investment in Unconsolidated Trading Companies | 4,072,450 | 297,554 |
Open Trade Equity (Deficit) | 1,222,524 | 599,579 |
U.S. Treasury Securities | 15,533,863 | 24,617,817 |
Equinox Frontier Winton Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Investment in Unconsolidated Trading Companies | 4,020,731 | 297,554 |
Open Trade Equity (Deficit) | 1,123,666 | 599,579 |
U.S. Treasury Securities | 15,533,863 | 24,617,817 |
Equinox Frontier Winton Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Investment in Unconsolidated Trading Companies | 51,719 | |
Open Trade Equity (Deficit) | 98,858 | |
U.S. Treasury Securities | ||
Equinox Frontier Winton Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Investment in Unconsolidated Trading Companies | ||
Open Trade Equity (Deficit) | ||
U.S. Treasury Securities | ||
Equinox Frontier Heritage Fund [Member] | ||
Swap Contracts | 8,391,414 | 7,960,268 |
U.S. Treasury Securities | 3,701,890 | 5,508,577 |
Equinox Frontier Heritage Fund [Member] | Fair Value, Measurements, Recurring [Member] | ||
Investment in Unconsolidated Trading Companies | 2,744,640 | 1,405,586 |
Swap Contracts | 8,391,414 | 7,960,268 |
U.S. Treasury Securities | 3,701,890 | 5,508,577 |
Equinox Frontier Heritage Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Investment in Unconsolidated Trading Companies | 2,735,614 | 1,403,461 |
Swap Contracts | ||
U.S. Treasury Securities | 3,701,890 | 5,508,577 |
Equinox Frontier Heritage Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Investment in Unconsolidated Trading Companies | 9,026 | 2,125 |
Open Trade Equity (Deficit) | ||
Swap Contracts | ||
U.S. Treasury Securities | ||
Equinox Frontier Heritage Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Investment in Unconsolidated Trading Companies | ||
Open Trade Equity (Deficit) | ||
Swap Contracts | 8,391,414 | 7,960,268 |
U.S. Treasury Securities | ||
Frontier Trading Company I, LLC | Fair Value, Measurements, Recurring [Member] | ||
Open Trade Equity (Deficit) | 237,661 | 755,452 |
Purchased Options | 371,758 | |
Options Written | (165,760) | |
Frontier Trading Company I, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Open Trade Equity (Deficit) | 288,647 | 755,452 |
Purchased Options | ||
Options Written | ||
Frontier Trading Company I, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Open Trade Equity (Deficit) | (50,986) | |
Purchased Options | 371,758 | |
Options Written | (165,760) | |
Frontier Trading Company I, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Open Trade Equity (Deficit) | ||
Purchased Options | ||
Options Written | ||
Frontier Trading Company II, LLC | ||
Purchased Options | ||
Frontier Trading Company II, LLC | Fair Value, Measurements, Recurring [Member] | ||
Open Trade Equity (Deficit) | 1,222,524 | 599,579 |
Frontier Trading Company II, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Open Trade Equity (Deficit) | 1,123,666 | 599,579 |
Frontier Trading Company II, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Open Trade Equity (Deficit) | 98,858 | |
Frontier Trading Company II, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Open Trade Equity (Deficit) | ||
Frontier Trading Company XV, LLC | Fair Value, Measurements, Recurring [Member] | ||
Open Trade Equity (Deficit) | 642,494 | 462,340 |
Frontier Trading Company XV, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Open Trade Equity (Deficit) | 635,782 | 462,340 |
Frontier Trading Company XV, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Open Trade Equity (Deficit) | 6,712 | |
Frontier Trading Company XV, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Open Trade Equity (Deficit) | ||
Frontier Trading Company XXXIV, LLC | ||
Swap Contracts | 18,939,450 | 19,157,522 |
Frontier Trading Company XXXIV, LLC | Fair Value, Measurements, Recurring [Member] | ||
Swap Contracts | 18,939,450 | 19,157,522 |
Frontier Trading Company XXXIV, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Swap Contracts | ||
Frontier Trading Company XXXIV, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Swap Contracts | ||
Frontier Trading Company XXXIV, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Swap Contracts | 18,939,450 | 19,157,522 |
Frontier Trading Company XXXV, LLC | ||
Swap Contracts | 8,637,847 | 8,685,850 |
Frontier Trading Company XXXV, LLC | Fair Value, Measurements, Recurring [Member] | ||
Swap Contracts | 8,637,847 | 7,960,269 |
Frontier Trading Company XXXV, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Swap Contracts | ||
Frontier Trading Company XXXV, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Swap Contracts | ||
Frontier Trading Company XXXV, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Swap Contracts | 8,637,847 | 7,960,269 |
Frontier Trading Company XXXVII, LLC | ||
Swap Contracts | 4,220,468 | 4,332,427 |
Frontier Trading Company XXXVII, LLC | Fair Value, Measurements, Recurring [Member] | ||
Swap Contracts | 4,220,468 | 8,685,850 |
Frontier Trading Company XXXVII, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Swap Contracts | ||
Frontier Trading Company XXXVII, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Swap Contracts | ||
Frontier Trading Company XXXVII, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Swap Contracts | 4,220,468 | 8,685,850 |
Frontier Trading Company XXXVIII, LLC | ||
Swap Contracts | ||
Frontier Trading Company XXXVIII, LLC | Fair Value, Measurements, Recurring [Member] | ||
Investment in Unconsolidated Trading Companies | 11,183,404 | |
Swap Contracts | 4,332,427 | |
Frontier Trading Company XXXVIII, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Investment in Unconsolidated Trading Companies | ||
Swap Contracts | ||
Frontier Trading Company XXXVIII, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Investment in Unconsolidated Trading Companies | 11,183,404 | |
Swap Contracts | ||
Frontier Trading Company XXXVIII, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Investment in Unconsolidated Trading Companies | ||
Swap Contracts | 4,332,427 | |
Frontier Trading Company XXXIX, LLC | ||
Swap Contracts | 8,391,414 | 7,960,269 |
Frontier Trading Company XXXIX, LLC | Fair Value, Measurements, Recurring [Member] | ||
Open Trade Equity (Deficit) | 304,878 | |
Swap Contracts | 8,391,414 | |
Frontier Trading Company XXXIX, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Open Trade Equity (Deficit) | 304,878 | |
Swap Contracts | ||
Frontier Trading Company XXXIX, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Open Trade Equity (Deficit) | ||
Swap Contracts | ||
Frontier Trading Company XXXIX, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Open Trade Equity (Deficit) | ||
Swap Contracts | 8,391,414 | |
Frontier Trading Company VII, LLC | Fair Value, Measurements, Recurring [Member] | ||
Open Trade Equity (Deficit) | (6,482,499) | |
Purchased Options | 154,380 | |
Frontier Trading Company VII, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Open Trade Equity (Deficit) | (6,482,499) | |
Purchased Options | ||
Frontier Trading Company VII, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Open Trade Equity (Deficit) | ||
Purchased Options | 154,380 | |
Frontier Trading Company VII, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Open Trade Equity (Deficit) | ||
Purchased Options | ||
Frontier Trading Company XIV, LLC | Fair Value, Measurements, Recurring [Member] | ||
Open Trade Equity (Deficit) | 34,848 | |
Frontier Trading Company XIV, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Open Trade Equity (Deficit) | 34,848 | |
Frontier Trading Company XIV, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Open Trade Equity (Deficit) | ||
Frontier Trading Company XIV, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Open Trade Equity (Deficit) | ||
Frontier Trading Company XXIII, LLC | Fair Value, Measurements, Recurring [Member] | ||
Open Trade Equity (Deficit) | (27,706) | |
Frontier Trading Company XXIII, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Open Trade Equity (Deficit) | (27,706) | |
Frontier Trading Company XXIII, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Open Trade Equity (Deficit) | ||
Frontier Trading Company XXIII, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Open Trade Equity (Deficit) | ||
Frontier Trading Company XXIX, LLC | ||
Swap Contracts | ||
Frontier Trading Company XXIX, LLC | Fair Value, Measurements, Recurring [Member] | ||
Open Trade Equity (Deficit) | 4,750 | |
Frontier Trading Company XXIX, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Open Trade Equity (Deficit) | 4,750 | |
Frontier Trading Company XXIX, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Open Trade Equity (Deficit) | ||
Frontier Trading Company XXIX, LLC | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Open Trade Equity (Deficit) |
Fair Value Measurements (Deta49
Fair Value Measurements (Details 2) - USD ($) | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Advance on unrealized Swap Appreciation | $ 9,441,555 | ||
Equinox Frontier Diversified Fund | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Change in fair value of investments in unconsolidated trading companies | (3,056,293) | (841,908) | (5,136,823) |
Advance on unrealized Swap Appreciation | 2,500,000 | ||
Equinox Frontier Diversified Fund | Swap [Member] | Fair Value, Inputs, Level 3 [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Balance of recurring Level 3 assets | 8,685,849 | 6,570,408 | |
Included in earnings-realized | |||
Included in earnings-unrealized | (48,002) | 2,115,441 | |
Proceeds from sales of investments of unconsolidated trading companies | |||
Change in ownership allocation of total return swaps | |||
Change in ownership allocation | |||
Transfers in and/or out of Level 3 | |||
Balance of recurring Level 3 assets | 8,637,847 | 8,685,849 | 6,570,408 |
Equinox Frontier Long Short Commodity Fund [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Change in fair value of investments in unconsolidated trading companies | 100,301 | (66,041) | (1,357,919) |
Advance on unrealized Swap Appreciation | 115,000 | ||
Equinox Frontier Long Short Commodity Fund [Member] | Swap [Member] | Fair Value, Inputs, Level 3 [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Balance of recurring Level 3 assets | 4,332,428 | 3,633,060 | |
Included in earnings-realized | |||
Included in earnings-unrealized | (111,960) | (300,632) | |
Purchases of investments | 1,000,000 | ||
Proceeds from sales of investments of unconsolidated trading companies | |||
Change in ownership allocation of total return swaps | |||
Change in ownership allocation | |||
Transfers in and/or out of Level 3 | |||
Balance of recurring Level 3 assets | 4,220,468 | 4,332,428 | 3,633,060 |
Equinox Frontier Balanced Fund [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Change in fair value of investments in unconsolidated trading companies | (3,934,786) | (6,607,271) | (6,355,205) |
Advance on unrealized Swap Appreciation | 4,926,555 | ||
Equinox Frontier Balanced Fund [Member] | Swap [Member] | Fair Value, Inputs, Level 3 [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Balance of recurring Level 3 assets | 19,157,520 | 18,246,954 | |
Included in earnings-realized | |||
Included in earnings-unrealized | (218,070) | 910,566 | |
Proceeds from sales of investments of unconsolidated trading companies | |||
Change in ownership allocation of total return swaps | |||
Change in ownership allocation | |||
Transfers in and/or out of Level 3 | |||
Balance of recurring Level 3 assets | 18,939,450 | 19,157,520 | 18,246,954 |
Equinox Frontier Heritage Fund [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Change in fair value of investments in unconsolidated trading companies | (91,166) | (220,267) | (2,137,441) |
Advance on unrealized Swap Appreciation | 1,900,000 | ||
Equinox Frontier Heritage Fund [Member] | Swap [Member] | Fair Value, Inputs, Level 3 [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Balance of recurring Level 3 assets | 7,960,268 | 7,540,465 | |
Included in earnings-realized | |||
Included in earnings-unrealized | 431,146 | 419,803 | |
Proceeds from sales of investments of unconsolidated trading companies | |||
Change in ownership allocation of total return swaps | |||
Change in ownership allocation | |||
Transfers in and/or out of Level 3 | |||
Balance of recurring Level 3 assets | 8,391,414 | 7,960,268 | 7,540,465 |
Equinox Frontier Select Fund [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Change in fair value of investments in unconsolidated trading companies | (368,596) | (161,067) | (3,146,402) |
Advance on unrealized Swap Appreciation | |||
Equinox Frontier Select Fund [Member] | Fair Value, Inputs, Level 3 [Member] | Unconsolidated Trading Company [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Balance of recurring Level 3 assets | 3,933,919 | 3,539,498 | |
Change in fair value of investments in unconsolidated trading companies | 368,596 | 394,421 | |
Proceeds from sales of investments of unconsolidated trading companies | |||
Change in ownership allocation | |||
Advance on unrealized Swap Appreciation | (1,155,236) | ||
Transfers in and/or out of Level 3 | |||
Balance of recurring Level 3 assets | 3,147,279 | 3,933,919 | 3,539,498 |
Equinox Frontier Funds [Member] | Swap [Member] | Fair Value, Inputs, Level 3 [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Balance of recurring Level 3 assets | 40,136,065 | 35,990,887 | |
Included in earnings-realized | |||
Included in earnings-unrealized | 53,113 | 3,145,178 | |
Purchases of investments | 1,000,000 | ||
Proceeds from sales of investments of unconsolidated trading companies | |||
Transfers in and/or out of Level 3 | |||
Balance of recurring Level 3 assets | 40,189,178 | 40,136,065 | 35,990,887 |
Frontier Trading Company XXXIV, LLC | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Change in fair value of investments in unconsolidated trading companies | 69,341 | 141,075 | |
Frontier Trading Company XXXIV, LLC | Swap [Member] | Fair Value, Inputs, Level 3 [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Balance of recurring Level 3 assets | 19,157,522 | 18,246,955 | |
Included in earnings-realized | |||
Included in earnings-unrealized | (218,073) | 910,567 | |
Purchases of investments | |||
Transfers in and/or out of Level 3 | |||
Balance of recurring Level 3 assets | 18,939,449 | 19,157,522 | 18,246,955 |
Frontier Trading Company XXXIX, LLC | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Change in fair value of investments in unconsolidated trading companies | 7,000 | 3,500 | |
Frontier Trading Company XXXIX, LLC | Swap [Member] | Fair Value, Inputs, Level 3 [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Balance of recurring Level 3 assets | 7,960,269 | 7,540,466 | |
Included in earnings-realized | |||
Included in earnings-unrealized | 431,145 | 419,803 | |
Purchases of investments | |||
Transfers in and/or out of Level 3 | |||
Balance of recurring Level 3 assets | 8,391,414 | 7,960,269 | 7,540,466 |
Frontier Trading Company XXXV, LLC | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Change in fair value of investments in unconsolidated trading companies | |||
Frontier Trading Company XXXV, LLC | Swap [Member] | Fair Value, Inputs, Level 3 [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Balance of recurring Level 3 assets | 8,685,850 | 6,570,409 | |
Included in earnings-realized | |||
Included in earnings-unrealized | (48,003) | 2,115,441 | |
Purchases of investments | |||
Transfers in and/or out of Level 3 | |||
Balance of recurring Level 3 assets | 8,637,847 | 8,685,850 | 6,570,409 |
Frontier Trading Company XXXVII, LLC | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Change in fair value of investments in unconsolidated trading companies | |||
Frontier Trading Company XXXVII, LLC | Swap [Member] | Fair Value, Inputs, Level 3 [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Balance of recurring Level 3 assets | 4,332,427 | 3,633,060 | |
Included in earnings-realized | |||
Included in earnings-unrealized | (111,959) | (300,633) | |
Purchases of investments | 1,000,000 | ||
Transfers in and/or out of Level 3 | |||
Balance of recurring Level 3 assets | $ 4,220,468 | $ 4,332,427 | $ 3,633,060 |
Fair Value Measurements (Deta50
Fair Value Measurements (Details 3) - Swap [Member] - Fair Value, Inputs, Level 3 [Member] - USD ($) | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Equinox Frontier Diversified Fund | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Balance of recurring Level 3 assets Included in earnings-unrealized | $ (48,002) | $ 2,115,441 | $ 3,132,776 |
Equinox Frontier Long Short Commodity Fund [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Balance of recurring Level 3 assets Included in earnings-unrealized | (111,960) | (300,633) | 1,176,514 |
Equinox Frontier Balanced Fund [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Balance of recurring Level 3 assets Included in earnings-unrealized | (218,070) | (910,566) | 8,120,996 |
Equinox Frontier Heritage Fund [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Balance of recurring Level 3 assets Included in earnings-unrealized | 431,146 | 419,803 | 2,105,281 |
Equinox Frontier Funds [Member] | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Balance of recurring Level 3 assets Included in earnings-unrealized | 53,113 | 3,145,177 | |
Frontier Trading Company XXXV, LLC | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Balance of recurring Level 3 assets Included in earnings-unrealized | (48,002) | 2,115,441 | 3,132,776 |
Frontier Trading Company XXXVII, LLC | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Balance of recurring Level 3 assets Included in earnings-unrealized | (111,960) | (300,633) | 1,176,514 |
Frontier Trading Company XXXIV, LLC | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Balance of recurring Level 3 assets Included in earnings-unrealized | (218,070) | (910,566) | 8,120,996 |
Frontier Trading Company XXXIX, LLC | |||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||
Balance of recurring Level 3 assets Included in earnings-unrealized | $ 431,146 | $ 419,803 | $ 2,105,281 |
Fair Value Measurements (Deta51
Fair Value Measurements (Details 4) | Dec. 31, 2016USD ($) |
Galaxy Plus Aspect Master Fund | |
Assets, at Fair Value | $ 102,785 |
Liabilities, at Fair Value | (388,819) |
Net Investment, at Fair Value | (286,034) |
Galaxy Plus Aspect Master Fund | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 102,785 |
Liabilities, at Fair Value | (388,819) |
Net Investment, at Fair Value | (286,034) |
Galaxy Plus Aspect Master Fund | Future Contract [Member] | Agriculture | |
Assets, at Fair Value | 469 |
Liabilities, at Fair Value | (24,338) |
Galaxy Plus Aspect Master Fund | Future Contract [Member] | Agriculture | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 469 |
Liabilities, at Fair Value | (24,338) |
Galaxy Plus Aspect Master Fund | Future Contract [Member] | Currencies | |
Assets, at Fair Value | 256 |
Liabilities, at Fair Value | (116,769) |
Galaxy Plus Aspect Master Fund | Future Contract [Member] | Currencies | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 256 |
Liabilities, at Fair Value | (116,769) |
Galaxy Plus Aspect Master Fund | Future Contract [Member] | Energies | |
Assets, at Fair Value | 14,432 |
Liabilities, at Fair Value | (800) |
Galaxy Plus Aspect Master Fund | Future Contract [Member] | Energies | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 14,432 |
Liabilities, at Fair Value | (800) |
Galaxy Plus Aspect Master Fund | Future Contract [Member] | Stock Indices | |
Assets, at Fair Value | 64,694 |
Liabilities, at Fair Value | (82,555) |
Galaxy Plus Aspect Master Fund | Future Contract [Member] | Stock Indices | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 64,694 |
Liabilities, at Fair Value | (82,555) |
Galaxy Plus Aspect Master Fund | Future Contract [Member] | Interest Rates | |
Assets, at Fair Value | 17,325 |
Liabilities, at Fair Value | (113,586) |
Galaxy Plus Aspect Master Fund | Future Contract [Member] | Interest Rates | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 17,325 |
Liabilities, at Fair Value | (113,586) |
Galaxy Plus Aspect Master Fund | Future Contract [Member] | Metal | |
Assets, at Fair Value | 5,609 |
Liabilities, at Fair Value | (50,771) |
Galaxy Plus Aspect Master Fund | Future Contract [Member] | Metal | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 5,609 |
Liabilities, at Fair Value | (50,771) |
Galaxy Plus Chesapeake Master Fund | |
Assets, at Fair Value | 676,120 |
Liabilities, at Fair Value | (1,101,972) |
Net Investment, at Fair Value | (425,852) |
Galaxy Plus Chesapeake Master Fund | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 676,120 |
Liabilities, at Fair Value | (1,101,972) |
Net Investment, at Fair Value | (425,852) |
Galaxy Plus Chesapeake Master Fund | Future Contract [Member] | Agriculture | |
Assets, at Fair Value | 196,586 |
Liabilities, at Fair Value | (239,749) |
Galaxy Plus Chesapeake Master Fund | Future Contract [Member] | Agriculture | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 196,586 |
Liabilities, at Fair Value | (239,749) |
Galaxy Plus Chesapeake Master Fund | Future Contract [Member] | Currencies | |
Assets, at Fair Value | 197,951 |
Liabilities, at Fair Value | (303,640) |
Galaxy Plus Chesapeake Master Fund | Future Contract [Member] | Currencies | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 197,951 |
Liabilities, at Fair Value | (303,640) |
Galaxy Plus Chesapeake Master Fund | Future Contract [Member] | Energies | |
Assets, at Fair Value | 3,010 |
Liabilities, at Fair Value | (1,690) |
Galaxy Plus Chesapeake Master Fund | Future Contract [Member] | Energies | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 3,010 |
Liabilities, at Fair Value | (1,690) |
Galaxy Plus Chesapeake Master Fund | Future Contract [Member] | Stock Indices | |
Assets, at Fair Value | 105,124 |
Liabilities, at Fair Value | (283,641) |
Galaxy Plus Chesapeake Master Fund | Future Contract [Member] | Stock Indices | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 105,124 |
Liabilities, at Fair Value | (283,641) |
Galaxy Plus Chesapeake Master Fund | Future Contract [Member] | Interest Rates | |
Assets, at Fair Value | 46,146 |
Liabilities, at Fair Value | (104,582) |
Galaxy Plus Chesapeake Master Fund | Future Contract [Member] | Interest Rates | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 46,146 |
Liabilities, at Fair Value | (104,582) |
Galaxy Plus Chesapeake Master Fund | Future Contract [Member] | Metal | |
Assets, at Fair Value | 127,303 |
Liabilities, at Fair Value | (168,670) |
Galaxy Plus Chesapeake Master Fund | Future Contract [Member] | Metal | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 127,303 |
Liabilities, at Fair Value | (168,670) |
Galaxy Plus Doherty Master Fund | |
Assets, at Fair Value | 173,153 |
Liabilities, at Fair Value | (157,255) |
Net Investment, at Fair Value | 15,898 |
Galaxy Plus Doherty Master Fund | Stock Indices | Options Purchased [Member] | |
Assets, at Fair Value | 173,153 |
Galaxy Plus Doherty Master Fund | Stock Indices | Options Written [Member] | |
Liabilities, at Fair Value | (150,655) |
Galaxy Plus Doherty Master Fund | Stock Indices | Fair Value, Inputs, Level 1 [Member] | Options Purchased [Member] | |
Assets, at Fair Value | 173,153 |
Galaxy Plus Doherty Master Fund | Stock Indices | Fair Value, Inputs, Level 1 [Member] | Options Written [Member] | |
Liabilities, at Fair Value | (150,655) |
Galaxy Plus Doherty Master Fund | Future Contract [Member] | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 173,153 |
Liabilities, at Fair Value | (157,255) |
Net Investment, at Fair Value | 15,898 |
Galaxy Plus Doherty Master Fund | Future Contract [Member] | Stock Indices | |
Liabilities, at Fair Value | (6,600) |
Galaxy Plus Doherty Master Fund | Future Contract [Member] | Stock Indices | Fair Value, Inputs, Level 1 [Member] | |
Liabilities, at Fair Value | (6,600) |
Galaxy Plus EVE Master Fund | |
Assets, at Fair Value | 5,776,731 |
Liabilities, at Fair Value | (7,026,141) |
Net Investment, at Fair Value | (1,249,410) |
Galaxy Plus EVE Master Fund | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 5,776,731 |
Liabilities, at Fair Value | (7,026,141) |
Net Investment, at Fair Value | (1,249,410) |
Galaxy Plus EVE Master Fund | Future Contract [Member] | Agriculture | |
Assets, at Fair Value | 926,560 |
Liabilities, at Fair Value | (1,091,557) |
Galaxy Plus EVE Master Fund | Future Contract [Member] | Agriculture | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 926,560 |
Liabilities, at Fair Value | (1,091,557) |
Galaxy Plus EVE Master Fund | Future Contract [Member] | Energies | |
Assets, at Fair Value | 4,621,523 |
Liabilities, at Fair Value | (5,667,979) |
Galaxy Plus EVE Master Fund | Future Contract [Member] | Energies | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 4,621,523 |
Liabilities, at Fair Value | (5,667,979) |
Galaxy Plus EVE Master Fund | Future Contract [Member] | Interest Rates | |
Assets, at Fair Value | 60,274 |
Liabilities, at Fair Value | (74,449) |
Galaxy Plus EVE Master Fund | Future Contract [Member] | Interest Rates | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 60,274 |
Liabilities, at Fair Value | (74,449) |
Galaxy Plus EVE Master Fund | Future Contract [Member] | Metal | |
Assets, at Fair Value | 168,374 |
Liabilities, at Fair Value | (192,156) |
Galaxy Plus EVE Master Fund | Future Contract [Member] | Metal | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 168,374 |
Liabilities, at Fair Value | (192,156) |
Galaxy Plus Master Fort | |
Assets, at Fair Value | 470,164 |
Liabilities, at Fair Value | (648,490) |
Net Investment, at Fair Value | (178,326) |
Galaxy Plus Master Fort | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 470,164 |
Liabilities, at Fair Value | (648,490) |
Net Investment, at Fair Value | (178,326) |
Galaxy Plus Master Fort | Future Contract [Member] | Currencies | |
Assets, at Fair Value | 37,882 |
Liabilities, at Fair Value | (262,088) |
Galaxy Plus Master Fort | Future Contract [Member] | Currencies | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 37,882 |
Liabilities, at Fair Value | (262,088) |
Galaxy Plus Master Fort | Future Contract [Member] | Energies | |
Assets, at Fair Value | 20,329 |
Liabilities, at Fair Value | (23,109) |
Galaxy Plus Master Fort | Future Contract [Member] | Energies | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 20,329 |
Liabilities, at Fair Value | (23,109) |
Galaxy Plus Master Fort | Future Contract [Member] | Stock Indices | |
Assets, at Fair Value | 144,838 |
Liabilities, at Fair Value | (67,901) |
Galaxy Plus Master Fort | Future Contract [Member] | Stock Indices | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 144,838 |
Liabilities, at Fair Value | (67,901) |
Galaxy Plus Master Fort | Future Contract [Member] | Interest Rates | |
Assets, at Fair Value | 266,315 |
Liabilities, at Fair Value | (271,387) |
Galaxy Plus Master Fort | Future Contract [Member] | Interest Rates | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 266,315 |
Liabilities, at Fair Value | (271,387) |
Galaxy Plus Master Fort | Future Contract [Member] | Metal | |
Assets, at Fair Value | 800 |
Liabilities, at Fair Value | (24,005) |
Galaxy Plus Master Fort | Future Contract [Member] | Metal | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 800 |
Liabilities, at Fair Value | (24,005) |
Galaxy Plus LRR Master Fund | |
Assets, at Fair Value | 1,074,237 |
Liabilities, at Fair Value | (549,053) |
Net Investment, at Fair Value | 525,184 |
Galaxy Plus LRR Master Fund | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 1,074,237 |
Liabilities, at Fair Value | (549,053) |
Net Investment, at Fair Value | 525,184 |
Galaxy Plus LRR Master Fund | Agriculture | Options Purchased [Member] | |
Assets, at Fair Value | 577,440 |
Galaxy Plus LRR Master Fund | Agriculture | Options Written [Member] | |
Liabilities, at Fair Value | (209,580) |
Galaxy Plus LRR Master Fund | Agriculture | Fair Value, Inputs, Level 1 [Member] | Options Purchased [Member] | |
Assets, at Fair Value | 577,440 |
Galaxy Plus LRR Master Fund | Agriculture | Fair Value, Inputs, Level 1 [Member] | Options Written [Member] | |
Liabilities, at Fair Value | (209,580) |
Galaxy Plus LRR Master Fund | Future Contract [Member] | Agriculture | |
Assets, at Fair Value | 344,861 |
Liabilities, at Fair Value | (62,224) |
Galaxy Plus LRR Master Fund | Future Contract [Member] | Agriculture | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 344,861 |
Liabilities, at Fair Value | (62,224) |
Galaxy Plus LRR Master Fund | Future Contract [Member] | Currencies | |
Assets, at Fair Value | 106,710 |
Liabilities, at Fair Value | (35,735) |
Galaxy Plus LRR Master Fund | Future Contract [Member] | Currencies | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 106,710 |
Liabilities, at Fair Value | (35,735) |
Galaxy Plus LRR Master Fund | Future Contract [Member] | Energies | |
Assets, at Fair Value | 18,203 |
Galaxy Plus LRR Master Fund | Future Contract [Member] | Energies | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 18,203 |
Galaxy Plus LRR Master Fund | Future Contract [Member] | Stock Indices | |
Assets, at Fair Value | 16,640 |
Galaxy Plus LRR Master Fund | Future Contract [Member] | Stock Indices | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 16,640 |
Galaxy Plus LRR Master Fund | Future Contract [Member] | Interest Rates | |
Assets, at Fair Value | 10,383 |
Liabilities, at Fair Value | (63,287) |
Galaxy Plus LRR Master Fund | Future Contract [Member] | Interest Rates | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 10,383 |
Liabilities, at Fair Value | (63,287) |
Galaxy Plus LRR Master Fund | Future Contract [Member] | Metal | |
Liabilities, at Fair Value | (178,227) |
Galaxy Plus LRR Master Fund | Future Contract [Member] | Metal | Fair Value, Inputs, Level 1 [Member] | |
Liabilities, at Fair Value | (178,227) |
Galaxy Plus QIM Master Fund | |
Assets, at Fair Value | 917,804 |
Liabilities, at Fair Value | (586,661) |
Net Investment, at Fair Value | 331,143 |
Galaxy Plus QIM Master Fund | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 917,804 |
Liabilities, at Fair Value | (586,661) |
Net Investment, at Fair Value | 331,143 |
Galaxy Plus QIM Master Fund | Future Contract [Member] | Currencies | |
Assets, at Fair Value | 6,194 |
Liabilities, at Fair Value | (55,718) |
Galaxy Plus QIM Master Fund | Future Contract [Member] | Currencies | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 6,194 |
Liabilities, at Fair Value | (55,718) |
Galaxy Plus QIM Master Fund | Future Contract [Member] | Energies | |
Assets, at Fair Value | 127,499 |
Liabilities, at Fair Value | (886) |
Galaxy Plus QIM Master Fund | Future Contract [Member] | Energies | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 127,499 |
Liabilities, at Fair Value | (886) |
Galaxy Plus QIM Master Fund | Future Contract [Member] | Stock Indices | |
Assets, at Fair Value | 186,983 |
Liabilities, at Fair Value | (270,541) |
Galaxy Plus QIM Master Fund | Future Contract [Member] | Stock Indices | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 186,983 |
Liabilities, at Fair Value | (270,541) |
Galaxy Plus QIM Master Fund | Future Contract [Member] | Interest Rates | |
Assets, at Fair Value | 563,253 |
Liabilities, at Fair Value | (222,313) |
Galaxy Plus QIM Master Fund | Future Contract [Member] | Interest Rates | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 563,253 |
Liabilities, at Fair Value | (222,313) |
Galaxy Plus QIM Master Fund | Future Contract [Member] | Metal | |
Assets, at Fair Value | 33,875 |
Liabilities, at Fair Value | (37,203) |
Galaxy Plus QIM Master Fund | Future Contract [Member] | Metal | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 33,875 |
Liabilities, at Fair Value | (37,203) |
Galaxy Plus Quest Master Fund | |
Assets, at Fair Value | 388,137 |
Liabilities, at Fair Value | (178,462) |
Net Investment, at Fair Value | 209,675 |
Galaxy Plus Quest Master Fund | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 388,137 |
Liabilities, at Fair Value | (178,462) |
Net Investment, at Fair Value | 209,675 |
Galaxy Plus Quest Master Fund | Future Contract [Member] | Agriculture | |
Assets, at Fair Value | 50,117 |
Liabilities, at Fair Value | (9,610) |
Galaxy Plus Quest Master Fund | Future Contract [Member] | Agriculture | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 50,117 |
Liabilities, at Fair Value | (9,610) |
Galaxy Plus Quest Master Fund | Future Contract [Member] | Currencies | |
Assets, at Fair Value | 25,228 |
Liabilities, at Fair Value | (68,132) |
Galaxy Plus Quest Master Fund | Future Contract [Member] | Currencies | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 25,228 |
Liabilities, at Fair Value | (68,132) |
Galaxy Plus Quest Master Fund | Future Contract [Member] | Energies | |
Assets, at Fair Value | 90,639 |
Galaxy Plus Quest Master Fund | Future Contract [Member] | Energies | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 90,639 |
Galaxy Plus Quest Master Fund | Future Contract [Member] | Stock Indices | |
Assets, at Fair Value | 130,467 |
Liabilities, at Fair Value | (25,799) |
Galaxy Plus Quest Master Fund | Future Contract [Member] | Stock Indices | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 130,467 |
Liabilities, at Fair Value | (25,799) |
Galaxy Plus Quest Master Fund | Future Contract [Member] | Interest Rates | |
Assets, at Fair Value | 70,986 |
Liabilities, at Fair Value | (62,941) |
Galaxy Plus Quest Master Fund | Future Contract [Member] | Interest Rates | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 70,986 |
Liabilities, at Fair Value | (62,941) |
Galaxy Plus Quest Master Fund | Future Contract [Member] | Metal | |
Assets, at Fair Value | 20,700 |
Liabilities, at Fair Value | (11,980) |
Galaxy Plus Quest Master Fund | Future Contract [Member] | Metal | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 20,700 |
Liabilities, at Fair Value | (11,980) |
Galaxy Plus Quest Fit Master Fund | |
Assets, at Fair Value | 472,096 |
Liabilities, at Fair Value | (337,613) |
Net Investment, at Fair Value | 134,483 |
Galaxy Plus Quest Fit Master Fund | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 472,096 |
Liabilities, at Fair Value | (337,613) |
Net Investment, at Fair Value | 134,483 |
Galaxy Plus Quest Fit Master Fund | Future Contract [Member] | Agriculture | |
Assets, at Fair Value | 21,754 |
Liabilities, at Fair Value | (18,572) |
Galaxy Plus Quest Fit Master Fund | Future Contract [Member] | Agriculture | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 21,754 |
Liabilities, at Fair Value | (18,572) |
Galaxy Plus Quest Fit Master Fund | Future Contract [Member] | Currencies | |
Assets, at Fair Value | 27,589 |
Liabilities, at Fair Value | (104,068) |
Galaxy Plus Quest Fit Master Fund | Future Contract [Member] | Currencies | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 27,589 |
Liabilities, at Fair Value | (104,068) |
Galaxy Plus Quest Fit Master Fund | Future Contract [Member] | Energies | |
Assets, at Fair Value | 95,867 |
Galaxy Plus Quest Fit Master Fund | Future Contract [Member] | Energies | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 95,867 |
Galaxy Plus Quest Fit Master Fund | Future Contract [Member] | Stock Indices | |
Assets, at Fair Value | 181,417 |
Liabilities, at Fair Value | (17,403) |
Galaxy Plus Quest Fit Master Fund | Future Contract [Member] | Stock Indices | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 181,417 |
Liabilities, at Fair Value | (17,403) |
Galaxy Plus Quest Fit Master Fund | Future Contract [Member] | Interest Rates | |
Assets, at Fair Value | 106,989 |
Liabilities, at Fair Value | (182,105) |
Galaxy Plus Quest Fit Master Fund | Future Contract [Member] | Interest Rates | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 106,989 |
Liabilities, at Fair Value | (182,105) |
Galaxy Plus Quest Fit Master Fund | Future Contract [Member] | Metal | |
Assets, at Fair Value | 38,480 |
Liabilities, at Fair Value | (15,465) |
Galaxy Plus Quest Fit Master Fund | Future Contract [Member] | Metal | Fair Value, Inputs, Level 1 [Member] | |
Assets, at Fair Value | 38,480 |
Liabilities, at Fair Value | $ (15,465) |
Swaps (Detail)
Swaps (Detail) - USD ($) | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Derivatives, Fair Value [Line Items] | |||
Advance on swap appreciation | $ 9,441,555 | ||
Equinox Frontier Balanced Fund [Member] | |||
Derivatives, Fair Value [Line Items] | |||
Advance on swap appreciation | 4,926,555 | ||
Equinox Frontier Diversified Fund | |||
Derivatives, Fair Value [Line Items] | |||
Advance on swap appreciation | 2,500,000 | ||
Equinox Frontier Long Short Commodity Fund [Member] | |||
Derivatives, Fair Value [Line Items] | |||
Advance on swap appreciation | 115,000 | ||
Equinox Frontier Heritage Fund [Member] | |||
Derivatives, Fair Value [Line Items] | |||
Advance on swap appreciation | 1,900,000 | ||
Swap [Member] | |||
Derivatives, Fair Value [Line Items] | |||
Change in Unrealized Gain/(Loss) | (53,113) | (3,145,177) | (14,535,358) |
Swap [Member] | Equinox Frontier Balanced Fund [Member] | |||
Derivatives, Fair Value [Line Items] | |||
Change in Unrealized Gain/(Loss) | 218,070 | (910,566) | (8,124,951) |
Swap [Member] | Equinox Frontier Balanced Fund [Member] | Deutsche Bank Ag [Member] | |||
Derivatives, Fair Value [Line Items] | |||
Notional Amount | $ 22,580,043 | $ 22,580,043 | |
Termination Date | Aug. 2, 2018 | Aug. 2, 2018 | |
Cash Collateral | $ 9,600,000 | $ 9,600,000 | |
Swap Value | $ 9,339,450 | 9,557,520 | |
Investee Returns | Total Returns | ||
Realized Gain/(Loss) | $ 0 | 0 | |
Change in Unrealized Gain/(Loss) | (218,070) | 910,566 | |
Fair Value | 18,939,450 | 19,157,520 | |
Advance on swap appreciation | (4,926,555) | ||
Swap [Member] | Equinox Frontier Diversified Fund | |||
Derivatives, Fair Value [Line Items] | |||
Change in Unrealized Gain/(Loss) | 48,002 | (2,115,441) | (3,132,777) |
Swap [Member] | Equinox Frontier Diversified Fund | Deutsche Bank Ag [Member] | |||
Derivatives, Fair Value [Line Items] | |||
Notional Amount | $ 13,851,707 | $ 13,851,707 | |
Termination Date | Aug. 2, 2018 | Aug. 2, 2018 | |
Cash Collateral | $ 3,400,000 | $ 3,400,000 | |
Swap Value | $ 5,237,847 | 5,285,849 | |
Investee Returns | Total Returns | ||
Realized Gain/(Loss) | $ 0 | 0 | |
Change in Unrealized Gain/(Loss) | (48,002) | 2,115,441 | |
Fair Value | 8,637,847 | 8,685,849 | |
Advance on swap appreciation | (2,500,000) | ||
Swap [Member] | Equinox Frontier Long Short Commodity Fund [Member] | |||
Derivatives, Fair Value [Line Items] | |||
Change in Unrealized Gain/(Loss) | 111,960 | 300,633 | (1,176,515) |
Swap [Member] | Equinox Frontier Long Short Commodity Fund [Member] | Deutsche Bank Ag [Member] | |||
Derivatives, Fair Value [Line Items] | |||
Notional Amount | $ 1,877,692 | $ 1,877,692 | |
Termination Date | Aug. 7, 2018 | Aug. 7, 2018 | |
Cash Collateral | $ 3,880,000 | $ 3,880,000 | |
Swap Value | $ 340,468 | 452,428 | |
Investee Returns | Total Returns | ||
Realized Gain/(Loss) | $ 0 | 0 | |
Change in Unrealized Gain/(Loss) | (111,960) | (300,633) | |
Fair Value | 4,220,468 | 4,332,428 | |
Advance on swap appreciation | (115,000) | ||
Swap [Member] | Equinox Frontier Heritage Fund [Member] | |||
Derivatives, Fair Value [Line Items] | |||
Change in Unrealized Gain/(Loss) | (431,146) | (419,803) | (2,105,281) |
Swap [Member] | Equinox Frontier Heritage Fund [Member] | Deutsche Bank Ag [Member] | |||
Derivatives, Fair Value [Line Items] | |||
Notional Amount | $ 11,413,283 | $ 12,663,283 | |
Termination Date | Mar. 26, 2018 | Mar. 26, 2018 | |
Cash Collateral | $ 5,986,000 | $ 5,993,000 | |
Swap Value | $ 2,405,414 | 1,967,289 | |
Investee Returns | Total Returns | ||
Realized Gain/(Loss) | $ 0 | 0 | |
Change in Unrealized Gain/(Loss) | 431,146 | 419,803 | |
Fair Value | 8,391,414 | 7,960,268 | |
Advance on swap appreciation | (1,900,000) | ||
Swap [Member] | Frontier Trading Company XXXIX, LLC | |||
Derivatives, Fair Value [Line Items] | |||
Change in Unrealized Gain/(Loss) | 438,145 | 419,803 | 2,108,782 |
Swap [Member] | Frontier Trading Company XXXIX, LLC | Deutsche Bank Ag [Member] | |||
Derivatives, Fair Value [Line Items] | |||
Notional Amount | $ 11,413,283 | $ 12,663,283 | |
Termination Date | Mar. 26, 2018 | Mar. 26, 2018 | |
Cash Collateral | $ 5,986,000 | $ 5,993,000 | |
Swap Value | $ 2,405,414 | $ 1,967,269 | |
Investee Returns | Total Returns | Total Returns | |
Realized Gain/(Loss) | $ 0 | $ 0 | |
Change in Unrealized Gain/(Loss) | 431,145 | 419,803 | |
Fair Value | 8,391,414 | 7,960,269 | |
Advance on swap appreciation | (1,900,000) | ||
Swap [Member] | Frontier Trading Company XXXIV, LLC | |||
Derivatives, Fair Value [Line Items] | |||
Change in Unrealized Gain/(Loss) | (218,073) | 910,567 | 8,120,787 |
Swap [Member] | Frontier Trading Company XXXIV, LLC | Deutsche Bank Ag [Member] | |||
Derivatives, Fair Value [Line Items] | |||
Notional Amount | $ 22,580,043 | $ 22,580,043 | |
Termination Date | Aug. 2, 2018 | Mar. 26, 2018 | |
Cash Collateral | $ 9,600,000 | $ 9,600,000 | |
Swap Value | $ 9,339,450 | $ 9,557,519 | |
Investee Returns | Total Returns | Total Returns | |
Realized Gain/(Loss) | $ 0 | $ 0 | |
Change in Unrealized Gain/(Loss) | (218,073) | 910,566 | |
Fair Value | 18,939,450 | 19,157,519 | |
Advance on swap appreciation | (4,926,555) | ||
Swap [Member] | Frontier Trading Company XXXV, LLC | |||
Derivatives, Fair Value [Line Items] | |||
Change in Unrealized Gain/(Loss) | (48,003) | 2,115,441 | 3,132,777 |
Swap [Member] | Frontier Trading Company XXXV, LLC | Deutsche Bank Ag [Member] | |||
Derivatives, Fair Value [Line Items] | |||
Notional Amount | $ 13,851,707 | $ 13,851,707 | |
Termination Date | Aug. 2, 2018 | Aug. 2, 2018 | |
Cash Collateral | $ 3,400,000 | $ 3,400,000 | |
Swap Value | $ 5,237,847 | $ 5,285,850 | |
Investee Returns | Total Returns | Total Returns | |
Realized Gain/(Loss) | $ 0 | $ 0 | |
Change in Unrealized Gain/(Loss) | (48,003) | 2,115,441 | |
Fair Value | 8,637,847 | 8,685,850 | |
Advance on swap appreciation | (2,500,000) | ||
Swap [Member] | Frontier Trading Company XXXVII, LLC | |||
Derivatives, Fair Value [Line Items] | |||
Change in Unrealized Gain/(Loss) | (111,959) | 699,367 | $ 1,176,515 |
Swap [Member] | Frontier Trading Company XXXVII, LLC | Deutsche Bank Ag [Member] | |||
Derivatives, Fair Value [Line Items] | |||
Notional Amount | $ 1,877,692 | $ 1,877,592 | |
Termination Date | Aug. 7, 2018 | Aug. 7, 2018 | |
Cash Collateral | $ 3,880,000 | $ 3,880,000 | |
Swap Value | $ 340,468 | $ 452,428 | |
Investee Returns | Total Returns | Total Returns | |
Realized Gain/(Loss) | $ 0 | $ 0 | |
Change in Unrealized Gain/(Loss) | (111,959) | (300,633) | |
Fair Value | 4,220,468 | 4,332,428 | |
Advance on swap appreciation | (115,000) | ||
Swap [Member] | Frontier Brevan Howard Swap Us [Member] | Deutsche Bank Ag [Member] | |||
Derivatives, Fair Value [Line Items] | |||
Notional Amount | $ 11,413,283 | $ 12,663,283 | |
Termination Date | Mar. 26, 2018 | Mar. 26, 2018 | |
Cash Collateral | $ 5,986,000 | $ 5,993,000 | |
Swap Value | $ 2,405,414 | 1,967,269 | |
Investee Returns | Total Returns | ||
Realized Gain/(Loss) | $ 0 | 0 | |
Change in Unrealized Gain/(Loss) | 431,146 | 419,803 | |
Fair Value | 8,391,414 | 7,960,269 | |
Advance on swap appreciation | (1,900,000) | ||
Swap [Member] | Frontier Thirty Four Balanced Select Swap Us [Member] | Deutsche Bank Ag [Member] | |||
Derivatives, Fair Value [Line Items] | |||
Notional Amount | $ 22,580,043 | $ 22,580,043 | |
Termination Date | Aug. 2, 2018 | Aug. 2, 2018 | |
Cash Collateral | $ 9,600,000 | $ 9,600,000 | |
Swap Value | $ 9,339,450 | 9,557,519 | |
Investee Returns | Total Returns | ||
Realized Gain/(Loss) | $ 0 | 0 | |
Change in Unrealized Gain/(Loss) | (218,070) | 910,566 | |
Fair Value | 18,939,450 | 19,157,519 | |
Advance on swap appreciation | (4,926,555) | ||
Swap [Member] | Frontier Thirty Five Diversified Select Swap Us [Member] | Deutsche Bank Ag [Member] | |||
Derivatives, Fair Value [Line Items] | |||
Notional Amount | $ 13,851,707 | $ 13,851,707 | |
Termination Date | Aug. 2, 2018 | Aug. 2, 2018 | |
Cash Collateral | $ 3,400,000 | $ 3,400,000 | |
Swap Value | $ 5,237,847 | 5,285,749 | |
Investee Returns | Total Returns | ||
Realized Gain/(Loss) | $ 0 | 0 | |
Change in Unrealized Gain/(Loss) | (48,002) | 2,115,441 | |
Fair Value | 8,637,847 | 8,685,749 | |
Advance on swap appreciation | (2,500,000) | ||
Swap [Member] | Frontier Thirty Seven Ls Select Swap Us [Member] | Deutsche Bank Ag [Member] | |||
Derivatives, Fair Value [Line Items] | |||
Notional Amount | $ 1,877,692 | $ 1,877,592 | |
Termination Date | Aug. 7, 2018 | Aug. 7, 2018 | |
Cash Collateral | $ 3,880,000 | $ 3,880,000 | |
Swap Value | $ 340,468 | 452,428 | |
Investee Returns | Total Returns | ||
Realized Gain/(Loss) | $ 0 | 0 | |
Change in Unrealized Gain/(Loss) | (111,960) | (300,633) | |
Fair Value | 4,220,468 | $ 40,136,065 | |
Advance on swap appreciation | $ (115,000) |
Swaps (Details Narrative)
Swaps (Details Narrative) - USD ($) | Dec. 31, 2016 | Dec. 31, 2015 |
Series Of Frontier Fund [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Trust's assets deposited with over-the-counter counterparties | 10.20% | 9.30% |
Equinox Frontier Funds [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Trust's assets deposited with over-the-counter counterparties | 10.20% | 0.93% |
Fair Value of Trust's assets deposited with over-the-counter counterparties | $ 22,866,000,000 | $ 22,873,000,000 |
Transactions with Affiliates (D
Transactions with Affiliates (Details) - USD ($) | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Incentive Fee | $ 2,980,696 | $ 5,723,374 | $ 11,993,289 |
Management Fee | 3,235,153 | 5,028,224 | 5,857,792 |
Trading Fee | 3,613,634 | 3,452,315 | 3,327,096 |
Equinox Frontier Diversified Fund | |||
Incentive Fee | 1,144,159 | 2,068,435 | 4,461,365 |
Management Fee | 503,844 | 983,948 | 1,042,209 |
Trading Fee | 1,435,003 | 1,394,350 | 1,287,161 |
Equinox Frontier Diversified Fund | Managing Owner [Member] | |||
Incentive Fee | 1,144,159 | 2,068,435 | 4,461,365 |
Management Fee | 503,844 | 983,948 | 1,042,209 |
Service Fee | 247,399 | 412,335 | 499,021 |
Trading Fee | 1,435,003 | 1,394,350 | 1,287,161 |
Equinox Frontier Masters Fund [Member] | |||
Incentive Fee | 245,244 | 618,626 | 1,123,545 |
Management Fee | 452,071 | 696,963 | 903,032 |
Trading Fee | 537,884 | 579,677 | 603,389 |
Equinox Frontier Masters Fund [Member] | Managing Owner [Member] | |||
Incentive Fee | 245,244 | 618,626 | 1,123,545 |
Management Fee | 452,071 | 696,963 | 903,032 |
Service Fee | 151,627 | 226,790 | 309,234 |
Trading Fee | 537,884 | 579,677 | 603,389 |
Equinox Frontier Long Short Commodity Fund [Member] | |||
Incentive Fee | 46,931 | 322,090 | 253,177 |
Management Fee | 201,423 | 532,836 | 821,891 |
Trading Fee | 191,525 | 243,193 | 280,737 |
Equinox Frontier Long Short Commodity Fund [Member] | Managing Owner [Member] | |||
Incentive Fee | 46,931 | 322,090 | 253,177 |
Management Fee | 201,423 | 532,836 | 821,891 |
Service Fee | 66,889 | 109,284 | 132,136 |
Trading Fee | 191,525 | 243,193 | 280,737 |
Equinox Frontier Balanced Fund [Member] | |||
Incentive Fee | 1,395,151 | 1,707,167 | 3,620,437 |
Management Fee | 494,734 | 1,029,988 | 1,092,555 |
Trading Fee | 909,129 | 740,451 | 694,288 |
Equinox Frontier Balanced Fund [Member] | Managing Owner [Member] | |||
Incentive Fee | 1,395,151 | 1,707,167 | 3,620,437 |
Management Fee | 494,734 | 1,029,988 | 1,092,555 |
Service Fee | 1,833,220 | 2,113,776 | 2,027,439 |
Trading Fee | 909,129 | 740,451 | 694,288 |
Equinox Frontier Select Fund [Member] | |||
Incentive Fee | 41,072 | 158,971 | 363,142 |
Management Fee | 271,176 | 304,539 | 496,959 |
Trading Fee | 115,267 | 110,262 | 109,839 |
Equinox Frontier Select Fund [Member] | Managing Owner [Member] | |||
Incentive Fee | 41,072 | 158,971 | 363,142 |
Management Fee | 271,176 | 304,539 | 496,959 |
Service Fee | 351,053 | 395,169 | 394,486 |
Trading Fee | 115,267 | 110,262 | 109,839 |
Equinox Frontier Winton Fund [Member] | |||
Incentive Fee | 99,067 | 715,409 | 1,800,488 |
Management Fee | 1,069,141 | 1,199,380 | 1,172,990 |
Trading Fee | 320,680 | 288,023 | 263,069 |
Equinox Frontier Winton Fund [Member] | Managing Owner [Member] | |||
Incentive Fee | 99,067 | 715,409 | 1,800,488 |
Management Fee | 1,069,141 | 1,199,380 | 1,172,990 |
Service Fee | 681,308 | 764,354 | 724,365 |
Trading Fee | 320,680 | 288,023 | 263,069 |
Equinox Frontier Heritage Fund [Member] | |||
Incentive Fee | 9,072 | 132,676 | 370,450 |
Management Fee | 242,764 | 280,570 | 327,702 |
Trading Fee | 104,146 | 96,359 | 88,113 |
Equinox Frontier Heritage Fund [Member] | Managing Owner [Member] | |||
Incentive Fee | 9,072 | 132,676 | 370,450 |
Management Fee | 242,764 | 280,570 | 327,702 |
Service Fee | 254,775 | 287,946 | 270,399 |
Trading Fee | $ 104,146 | $ 96,359 | $ 88,113 |
Transactions with Affiliates 55
Transactions with Affiliates (Details 2) - USD ($) | Dec. 31, 2016 | Dec. 31, 2015 |
Incentive Fees | $ 382,136 | |
Management Fees | 433,430 | 402,943 |
Trading Fees | 523,099 | 282,522 |
Equinox Frontier Diversified Fund | ||
Incentive Fees | 204,914 | |
Management Fees | 23,496 | 81,940 |
Trading Fees | 147,183 | 121,065 |
Equinox Frontier Diversified Fund | Managing Owner [Member] | ||
Incentive Fees | 204,914 | |
Management Fees | 23,496 | 81,940 |
Interest Fees | 11,661 | |
Service Fees | 15,193 | 17,020 |
Trading Fees | 147,183 | 121,065 |
Equinox Frontier Masters Fund [Member] | ||
Incentive Fees | 42,251 | |
Management Fees | 50,174 | 54,674 |
Trading Fees | 57,890 | 48,501 |
Equinox Frontier Masters Fund [Member] | Managing Owner [Member] | ||
Incentive Fees | 42,251 | |
Management Fees | 50,174 | 54,674 |
Interest Fees | 4,957 | |
Service Fees | 9,037 | 12,098 |
Trading Fees | 57,890 | 48,501 |
Equinox Frontier Long Short Commodity Fund [Member] | ||
Incentive Fees | 28,408 | |
Management Fees | 48,210 | |
Trading Fees | 3,542 | 6,841 |
Equinox Frontier Long Short Commodity Fund [Member] | Managing Owner [Member] | ||
Incentive Fees | 28,408 | |
Management Fees | 48,210 | |
Interest Fees | 1,368 | |
Service Fees | 3,542 | 6,841 |
Trading Fees | 23,478 | 17,129 |
Equinox Frontier Balanced Fund [Member] | ||
Incentive Fees | 106,563 | |
Management Fees | 25,217 | 80,574 |
Trading Fees | 203,324 | 57,450 |
Equinox Frontier Balanced Fund [Member] | Managing Owner [Member] | ||
Incentive Fees | 106,563 | |
Management Fees | 25,217 | 80,574 |
Interest Fees | 21,606 | 77,642 |
Service Fees | 129,956 | 145,576 |
Trading Fees | 203,324 | 57,450 |
Equinox Frontier Select Fund [Member] | ||
Incentive Fees | ||
Management Fees | 21,219 | 22,884 |
Trading Fees | 18,129 | 8,515 |
Equinox Frontier Select Fund [Member] | Managing Owner [Member] | ||
Incentive Fees | ||
Management Fees | 21,219 | 22,884 |
Interest Fees | 3,518 | 3,549 |
Service Fees | 25,966 | 29,092 |
Trading Fees | 18,129 | 8,515 |
Equinox Frontier Winton Fund [Member] | ||
Incentive Fees | ||
Management Fees | 256,824 | 93,171 |
Trading Fees | 55,142 | 22,405 |
Equinox Frontier Winton Fund [Member] | Managing Owner [Member] | ||
Incentive Fees | ||
Management Fees | 256,824 | 93,171 |
Interest Fees | 30,730 | 49,624 |
Service Fees | 39,370 | 44,422 |
Trading Fees | 55,142 | 22,405 |
Equinox Frontier Heritage Fund [Member] | ||
Incentive Fees | ||
Management Fees | 56,501 | 21,490 |
Trading Fees | 17,953 | 7,457 |
Equinox Frontier Heritage Fund [Member] | Managing Owner [Member] | ||
Incentive Fees | ||
Management Fees | 56,501 | 21,490 |
Interest Fees | 7,420 | 11,066 |
Service Fees | 16,457 | 18,807 |
Trading Fees | $ 17,953 | $ 7,457 |
Transactions with Affiliates 56
Transactions with Affiliates (Details 3) - USD ($) | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Gross amount paid to the managing owner | $ 1,347,984 | $ 2,237,964 | $ 2,341,213 |
Equinox Frontier Diversified Fund | Class One [Member] | |||
Gross amount paid to the managing owner | $ 9,494 | $ 42,063 | $ 56,582 |
Ratio to average net assets | 0.12% | 0.26% | 0.30% |
Equinox Frontier Diversified Fund | Class Two [Member] | |||
Gross amount paid to the managing owner | $ 39,041 | $ 88,023 | $ 81,752 |
Ratio to average net assets | 0.11% | 0.26% | 0.28% |
Equinox Frontier Diversified Fund | Class Three [Member] | |||
Gross amount paid to the managing owner | $ 12,736 | $ 20,751 | $ 6,433 |
Ratio to average net assets | 0.10% | 0.25% | 0.19% |
Equinox Frontier Masters Fund [Member] | Class One [Member] | |||
Gross amount paid to the managing owner | $ 9,336 | $ 27,443 | $ 42,395 |
Ratio to average net assets | 0.14% | 0.27% | 0.36% |
Equinox Frontier Masters Fund [Member] | Class Two [Member] | |||
Gross amount paid to the managing owner | $ 9,303 | $ 22,999 | $ 25,486 |
Ratio to average net assets | 0.14% | 0.27% | 0.31% |
Equinox Frontier Masters Fund [Member] | Class Three [Member] | |||
Gross amount paid to the managing owner | $ 8,976 | $ 14,793 | $ 6,663 |
Ratio to average net assets | 0.13% | 0.27% | 0.23% |
Equinox Frontier Long Short Commodity Fund [Member] | Class Two [Member] | |||
Gross amount paid to the managing owner | $ 197 | $ 2,633 | $ 4,779 |
Ratio to average net assets | 0.02% | 0.22% | 0.36% |
Equinox Frontier Long Short Commodity Fund [Member] | Class Three [Member] | |||
Gross amount paid to the managing owner | $ 1,391 | $ 15,721 | $ 22,800 |
Ratio to average net assets | 0.03% | 0.22% | 0.31% |
Equinox Frontier Long Short Commodity Fund [Member] | Class Onea [Member] | |||
Gross amount paid to the managing owner | $ 1,108 | $ 11,732 | $ 18,852 |
Ratio to average net assets | 0.03% | 0.22% | 0.32% |
Equinox Frontier Long Short Commodity Fund [Member] | Class Twoa [Member] | |||
Gross amount paid to the managing owner | $ 282 | $ 3,498 | $ 6,122 |
Ratio to average net assets | 0.02% | 0.22% | 0.35% |
Equinox Frontier Long Short Commodity Fund [Member] | Class Threea [Member] | |||
Gross amount paid to the managing owner | $ 171 | $ 1,695 | $ 1,454 |
Ratio to average net assets | 0.02% | 0.21% | 0.27% |
Equinox Frontier Balanced Fund [Member] | Class One [Member] | |||
Gross amount paid to the managing owner | $ 450,536 | $ 805,984 | $ 846,398 |
Ratio to average net assets | 0.74% | 1.15% | 1.34% |
Equinox Frontier Balanced Fund [Member] | Class Two [Member] | |||
Gross amount paid to the managing owner | $ 165,519 | $ 278,159 | $ 275,448 |
Ratio to average net assets | 0.73% | 1.14% | 1.34% |
Equinox Frontier Balanced Fund [Member] | Class Twoa [Member] | |||
Gross amount paid to the managing owner | $ 828 | $ 1,311 | $ 1,252 |
Ratio to average net assets | 0.15% | 0.23% | 0.25% |
Equinox Frontier Balanced Fund [Member] | Class Threea [Member] | |||
Gross amount paid to the managing owner | $ 3,650 | $ 5,976 | $ 5,429 |
Ratio to average net assets | 0.15% | 0.23% | 0.26% |
Equinox Frontier Balanced Fund [Member] | Class OneAP [Member] | |||
Gross amount paid to the managing owner | $ 5,135 | $ 8,750 | $ 3,342 |
Ratio to average net assets | 0.74% | 1.14% | 0.02% |
Equinox Frontier Select Fund [Member] | Class One [Member] | |||
Gross amount paid to the managing owner | $ 38,569 | $ 65,986 | $ 152,289 |
Ratio to average net assets | 0.33% | 0.50% | 1.22% |
Equinox Frontier Select Fund [Member] | Class Two [Member] | |||
Gross amount paid to the managing owner | $ 4,752 | $ 7,429 | $ 17,051 |
Ratio to average net assets | 0.33% | 0.50% | 1.23% |
Equinox Frontier Select Fund [Member] | Class OneAP [Member] | |||
Gross amount paid to the managing owner | $ 135 | $ 244 | $ 223 |
Ratio to average net assets | 0.32% | 0.50% | 0.00% |
Equinox Frontier Winton Fund [Member] | Class One [Member] | |||
Gross amount paid to the managing owner | $ 315,194 | $ 450,697 | $ 418,922 |
Ratio to average net assets | 1.39% | 1.77% | 1.82% |
Equinox Frontier Winton Fund [Member] | Class Two [Member] | |||
Gross amount paid to the managing owner | $ 167,500 | $ 209,259 | $ 188,681 |
Ratio to average net assets | 1.39% | 1.62% | 1.75% |
Equinox Frontier Winton Fund [Member] | Class OneAP [Member] | |||
Gross amount paid to the managing owner | $ 518 | $ 676 | $ 544 |
Ratio to average net assets | 1.39% | 1.77% | 0.02% |
Equinox Frontier Heritage Fund [Member] | Class One [Member] | |||
Gross amount paid to the managing owner | $ 76,936 | $ 113,684 | $ 121,694 |
Ratio to average net assets | 0.91% | 1.19% | 1.45% |
Equinox Frontier Heritage Fund [Member] | Class Two [Member] | |||
Gross amount paid to the managing owner | $ 26,337 | $ 37,732 | $ 36,285 |
Ratio to average net assets | 0.91% | 1.18% | 1.36% |
Equinox Frontier Heritage Fund [Member] | Class OneAP [Member] | |||
Gross amount paid to the managing owner | $ 340 | $ 726 | $ 337 |
Ratio to average net assets | 1.00% | 1.18% | 0.01% |
Financial Highlights (Details)
Financial Highlights (Details) - $ / shares | 12 Months Ended | |||||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | ||||
Net investment gain/(loss) | [1] | (5.50%) | (6.70%) | (9.32%) | ||
Expenses before incentive fees | [1],[2],[3] | 4.48% | 4.90% | 5.17% | ||
Expenses after incentive fees | [1],[2],[3] | 5.75% | 7.10% | 9.75% | ||
Total return before incentive fee | [1],[4] | 3.62% | 0.60% | 25.23% | ||
Total return after incentive fee | [1],[4] | 2.35% | (1.60%) | 20.65% | ||
Equinox Frontier Diversified Fund | Class One [Member] | ||||||
Net asset value per unit, Beginning balance | [5] | $ 115.52 | $ 113.09 | [6] | $ 87.10 | [6] |
Interest incomes | [5] | 0.67 | 1.25 | 0.94 | [6] | |
Expenses | [5] | (10.13) | (12.26) | (13.06) | [6] | |
Net gain/(loss) on investments, net of non-controlling interests | [5] | 10.37 | 13.46 | 38.11 | [6] | |
Net income/(loss) | [5] | 0.91 | 2.43 | 25.99 | [6] | |
Net asset value per unit, Ending balance | [5] | $ 116.43 | $ 115.52 | $ 113.09 | [6] | |
Net investment gain/(loss) | [1] | (10.07%) | (9.10%) | (13.72%) | [6] | |
Expenses before incentive fees | [1],[7] | 8.82% | 6.60% | 6.62% | [6] | |
Expenses after incentive fees | [1],[7] | 10.83% | 10.13% | 14.78% | [6] | |
Total return before incentive fee | [1],[8] | 2.79% | 5.68% | 38.00% | [6] | |
Total return after incentive fee | [1],[8] | 0.79% | 2.15% | 29.84% | [6] | |
Equinox Frontier Diversified Fund | Class Two [Member] | ||||||
Net asset value per unit, Beginning balance | [5] | $ 129.60 | $ 124.67 | [6] | $ 94.35 | [6] |
Interest incomes | [5] | 0.75 | 1.38 | 1.03 | [6] | |
Expenses | [5] | (7.17) | (10.18) | (12.11) | [6] | |
Net gain/(loss) on investments, net of non-controlling interests | [5] | 9.76 | 13.73 | 41.40 | [6] | |
Net income/(loss) | [5] | 3.34 | 4.93 | 30.32 | [6] | |
Net asset value per unit, Ending balance | [5] | $ 132.94 | $ 129.60 | $ 124.67 | [6] | |
Net investment gain/(loss) | [1] | (5.79%) | (6.56%) | (11.36%) | [6] | |
Expenses before incentive fees | [1],[7] | 4.54% | 4.06% | 4.26% | [6] | |
Expenses after incentive fees | [1],[7] | 6.55% | 7.59% | 12.41% | [6] | |
Total return before incentive fee | [1],[8] | 4.58% | 7.49% | 40.29% | [6] | |
Total return after incentive fee | [1],[8] | 2.58% | 3.95% | 32.14% | [6] | |
Equinox Frontier Diversified Fund | Class Three [Member] | ||||||
Net asset value per unit, Beginning balance | [5] | $ 119.87 | $ 115.03 | [6] | $ 84.21 | [6] |
Interest incomes | [5] | 0.70 | 1.27 | 1.01 | [6] | |
Expenses | [5] | (6.64) | (9.38) | (11.89) | [6] | |
Net gain/(loss) on investments, net of non-controlling interests | [5] | 9.34 | 12.95 | 41.70 | [6] | |
Net income/(loss) | [5] | 3.40 | 4.84 | 30.82 | [6] | |
Net asset value per unit, Ending balance | [5] | $ 123.27 | $ 119.87 | $ 115.03 | [6] | |
Net investment gain/(loss) | [1] | (5.79%) | (6.56%) | (11.36%) | [6] | |
Expenses before incentive fees | [1],[7] | 4.54% | 4.06% | 4.26% | [6] | |
Expenses after incentive fees | [1],[7] | 6.55% | 7.59% | 12.41% | [6] | |
Total return before incentive fee | [1],[8] | 4.84% | 7.74% | 44.75% | [6] | |
Total return after incentive fee | [1],[8] | 2.84% | 4.21% | 36.60% | [6] | |
Equinox Frontier Masters Fund [Member] | Class One [Member] | ||||||
Net asset value per unit, Beginning balance | [5] | $ 112.87 | $ 116.61 | $ 91.83 | ||
Interest incomes | [5] | 0.77 | 1.26 | 1.08 | ||
Expenses | [5] | (9.79) | (11.75) | (11.55) | ||
Net gain/(loss) on investments, net of non-controlling interests | [5] | 8.95 | 6.75 | 35.25 | ||
Net income/(loss) | [5] | (0.07) | (3.74) | 24.78 | ||
Net asset value per unit, Ending balance | [5] | $ 112.80 | $ 112.87 | $ 116.61 | ||
Net investment gain/(loss) | [1] | (9.87%) | (8.92%) | (11.32%) | ||
Expenses before incentive fees | [1],[7] | 9.54% | 7.45% | 8.08% | ||
Expenses after incentive fees | [1],[7] | 10.75% | 9.99% | 12.49% | ||
Total return before incentive fee | [1],[8] | 1.15% | (0.67%) | 31.40% | ||
Total return after incentive fee | [1],[8] | (0.06%) | (3.21%) | 26.98% | ||
Equinox Frontier Masters Fund [Member] | Class Two [Member] | ||||||
Net asset value per unit, Beginning balance | [5] | $ 126.60 | $ 128.53 | $ 99.46 | ||
Interest incomes | [5] | 0.87 | 1.39 | 1.19 | ||
Expenses | [5] | (8.07) | (10.13) | (10.53) | ||
Net gain/(loss) on investments, net of non-controlling interests | [5] | 9.38 | 6.81 | 38.41 | ||
Net income/(loss) | [5] | 2.18 | (1.93) | 29.07 | ||
Net asset value per unit, Ending balance | [5] | $ 128.78 | $ 126.60 | $ 128.53 | ||
Net investment gain/(loss) | [1] | (6.84%) | (6.70%) | (9.17%) | ||
Expenses before incentive fees | [1],[7] | 6.51% | 5.23% | 5.92% | ||
Expenses after incentive fees | [1],[7] | 7.72% | 7.77% | 10.34% | ||
Total return before incentive fee | [1],[8] | 2.93% | 1.03% | 33.64% | ||
Total return after incentive fee | [1],[8] | 1.72% | (1.50%) | 29.23% | ||
Equinox Frontier Masters Fund [Member] | Class Three [Member] | ||||||
Net asset value per unit, Beginning balance | [5] | $ 117.57 | $ 119.06 | $ 91.91 | ||
Interest incomes | [5] | 0.81 | 1.29 | 1.16 | ||
Expenses | [5] | (7.50) | (9.34) | (10.27) | ||
Net gain/(loss) on investments, net of non-controlling interests | [5] | 9.01 | 6.56 | 36.26 | ||
Net income/(loss) | [5] | 2.32 | (1.49) | 27.15 | ||
Net asset value per unit, Ending balance | [5] | $ 119.89 | $ 117.57 | $ 119.06 | ||
Net investment gain/(loss) | [1] | (6.84%) | (6.70%) | (9.17%) | ||
Expenses before incentive fees | [1],[7] | 6.51% | 5.23% | 5.92% | ||
Expenses after incentive fees | [1],[7] | 7.72% | 7.77% | 10.34% | ||
Total return before incentive fee | [1],[8] | 3.18% | 1.28% | 33.96% | ||
Total return after incentive fee | [1],[8] | 1.97% | (1.25%) | 29.54% | ||
Equinox Frontier Long Short Commodity Fund [Member] | Class Two [Member] | ||||||
Net asset value per unit, Beginning balance | [5] | $ 132.10 | $ 138.30 | $ 125.26 | ||
Interest incomes | [5] | 0.26 | 1.30 | 1.47 | ||
Expenses | [5] | (5.17) | (10.10) | (9.22) | ||
Net gain/(loss) on investments, net of non-controlling interests | [5] | 2.37 | 2.60 | 20.79 | ||
Net income/(loss) | [5] | (2.54) | (6.20) | 13.04 | ||
Net asset value per unit, Ending balance | [5] | $ 129.56 | $ 132.10 | $ 138.30 | ||
Net investment gain/(loss) | [1] | (4.84%) | (6.03%) | (6.27%) | ||
Expenses before incentive fees | [1],[7] | 4.68% | 4.89% | 6.06% | ||
Expenses after incentive fees | [1],[7] | 5.10% | 6.91% | 7.46% | ||
Total return before incentive fee | [1],[8] | (1.50%) | (2.46%) | 11.80% | ||
Total return after incentive fee | [1],[8] | (1.92%) | (4.48%) | 10.41% | ||
Equinox Frontier Long Short Commodity Fund [Member] | Class Three [Member] | ||||||
Net asset value per unit, Beginning balance | [5] | $ 132.14 | $ 138.34 | $ 125.30 | ||
Interest incomes | [5] | 0.26 | 1.30 | 1.47 | ||
Expenses | [5] | (5.18) | (10.10) | (9.26) | ||
Net gain/(loss) on investments, net of non-controlling interests | [5] | 3.58 | 2.60 | 20.83 | ||
Net income/(loss) | [5] | (1.34) | (6.20) | 13.04 | ||
Net asset value per unit, Ending balance | [5] | $ 130.80 | $ 132.14 | $ 138.34 | ||
Net investment gain/(loss) | [1] | (4.84%) | (6.03%) | (6.27%) | ||
Expenses before incentive fees | [1],[7] | 4.68% | 4.89% | 6.06% | ||
Expenses after incentive fees | [1],[7] | 5.10% | 6.91% | 7.46% | ||
Total return before incentive fee | [1],[8] | (0.60%) | (2.45%) | 11.80% | ||
Total return after incentive fee | [1],[8] | (1.01%) | (4.48%) | 10.41% | ||
Equinox Frontier Long Short Commodity Fund [Member] | Class Onea [Member] | ||||||
Net asset value per unit, Beginning balance | [5] | $ 94.76 | $ 101.12 | $ 92.73 | ||
Interest incomes | [5] | 0.19 | 0.94 | 1.09 | ||
Expenses | [5] | (5.68) | (9.53) | (8.72) | ||
Net gain/(loss) on investments, net of non-controlling interests | [5] | 3.50 | 2.23 | 16.02 | ||
Net income/(loss) | [5] | (1.98) | (6.36) | 8.39 | ||
Net asset value per unit, Ending balance | [5] | $ 92.78 | $ 94.76 | $ 101.12 | ||
Net investment gain/(loss) | [1] | (7.65%) | (8.11%) | (8.35%) | ||
Expenses before incentive fees | [1],[7] | 7.49% | 6.97% | 8.15% | ||
Expenses after incentive fees | [1],[7] | 7.91% | 9.00% | 9.54% | ||
Total return before incentive fee | [1],[8] | (1.67%) | (4.26%) | 10.44% | ||
Total return after incentive fee | [1],[8] | (2.09%) | (6.29%) | 9.05% | ||
Equinox Frontier Long Short Commodity Fund [Member] | Class Twoa [Member] | ||||||
Net asset value per unit, Beginning balance | [5] | $ 106.19 | $ 111.35 | $ 100.34 | ||
Interest incomes | [5] | 0.20 | 1.04 | 1.18 | ||
Expenses | [5] | (4.17) | (8.12) | (7.40) | ||
Net gain/(loss) on investments, net of non-controlling interests | [5] | 3.46 | 1.92 | 17.23 | ||
Net income/(loss) | [5] | (0.52) | (5.16) | 11.01 | ||
Net asset value per unit, Ending balance | [5] | $ 105.67 | $ 106.19 | $ 111.35 | ||
Net investment gain/(loss) | [1] | (4.84%) | (6.03%) | (6.27%) | ||
Expenses before incentive fees | [1],[7] | 4.68% | 4.89% | 6.06% | ||
Expenses after incentive fees | [1],[7] | 5.10% | 6.91% | 7.46% | ||
Total return before incentive fee | [1],[8] | (0.07%) | (2.61%) | 12.37% | ||
Total return after incentive fee | [1],[8] | (0.49%) | (4.63%) | 10.97% | ||
Equinox Frontier Long Short Commodity Fund [Member] | Class Threea [Member] | ||||||
Net asset value per unit, Beginning balance | [5] | $ 106.86 | $ 111.77 | $ 100.47 | ||
Interest incomes | [5] | 0.21 | 1.04 | 1.22 | ||
Expenses | [5] | (4.21) | (8.06) | (7.64) | ||
Net gain/(loss) on investments, net of non-controlling interests | [5] | 4.64 | 2.11 | 17.72 | ||
Net income/(loss) | [5] | 0.64 | (4.91) | 11.30 | ||
Net asset value per unit, Ending balance | [5] | $ 107.50 | $ 106.86 | $ 111.77 | ||
Net investment gain/(loss) | [1] | (4.83%) | (6.03%) | (6.27%) | ||
Expenses before incentive fees | [1],[7] | 4.63% | 4.78% | 6.02% | ||
Expenses after incentive fees | [1],[7] | 5.09% | 6.91% | 7.46% | ||
Total return before incentive fee | [1],[8] | 1.05% | (2.26%) | 12.68% | ||
Total return after incentive fee | [1],[8] | 0.60% | (4.39%) | 11.25% | ||
Equinox Frontier Balanced Fund [Member] | Class One [Member] | ||||||
Net asset value per unit, Beginning balance | [5] | $ 128.03 | $ 131.54 | [9] | $ 106.29 | [9] |
Interest incomes | [5] | 0.15 | 0.04 | 0.03 | [9] | |
Expenses | [5] | (8.21) | (8.91) | (9.48) | [9] | |
Net gain/(loss) on investments, net of non-controlling interests | [5] | 14.83 | 5.36 | 34.70 | [9] | |
Net income/(loss) | [5] | 6.77 | (3.51) | 25.25 | [9] | |
Net asset value per unit, Ending balance | [5] | $ 134.80 | $ 128.03 | $ 131.54 | [9] | |
Net investment gain/(loss) | [1] | (7.65%) | (6.50%) | (8.79%) | [9] | |
Expenses before incentive fees | [1],[7] | 6.20% | 4.80% | 4.92% | [9] | |
Expenses after incentive fees | [1],[7] | 7.80% | 6.53% | 8.82% | [9] | |
Total return before incentive fee | [1],[8] | 6.89% | (0.94%) | 27.65% | [9] | |
Total return after incentive fee | [1],[8] | 5.29% | (2.67%) | 23.76% | [9] | |
Equinox Frontier Balanced Fund [Member] | Class Two [Member] | ||||||
Net asset value per unit, Beginning balance | [5] | $ 179.69 | $ 179.16 | [9] | $ 140.49 | [9] |
Interest incomes | [5] | 0.21 | 0.06 | 0.04 | [9] | |
Expenses | [5] | (6.04) | (6.65) | (8.38) | [9] | |
Net gain/(loss) on investments, net of non-controlling interests | [5] | 21.13 | 7.12 | 47.01 | [9] | |
Net income/(loss) | [5] | 15.30 | 0.53 | 38.67 | [9] | |
Net asset value per unit, Ending balance | [5] | $ 194.99 | $ 179.69 | $ 179.16 | [9] | |
Net investment gain/(loss) | [1] | (3.62%) | (3.50%) | (5.79%) | [9] | |
Expenses before incentive fees | [1],[7] | 2.16% | 1.80% | 1.92% | [9] | |
Expenses after incentive fees | [1],[7] | 3.77% | 3.53% | 5.82% | [9] | |
Total return before incentive fee | [1],[8] | 10.12% | 2.03% | 31.42% | [9] | |
Total return after incentive fee | [1],[8] | 8.51% | 0.30% | 27.53% | [9] | |
Equinox Frontier Balanced Fund [Member] | Class Twoa [Member] | ||||||
Net asset value per unit, Beginning balance | [5] | $ 154.88 | $ 153.02 | [9] | $ 118.80 | [9] |
Interest incomes | [5] | 0.18 | 0.05 | 0.04 | [9] | |
Expenses | [5] | (5.22) | (5.70) | (7.17) | [9] | |
Net gain/(loss) on investments, net of non-controlling interests | [5] | 19.21 | 7.51 | 41.35 | [9] | |
Net income/(loss) | [5] | 14.17 | 1.86 | 34.22 | [9] | |
Net asset value per unit, Ending balance | [5] | $ 169.05 | $ 154.88 | $ 153.02 | [9] | |
Net investment gain/(loss) | [1] | (3.62%) | (3.50%) | (5.79%) | [9] | |
Expenses before incentive fees | [1],[7] | 2.16% | 1.80% | 1.92% | [9] | |
Expenses after incentive fees | [1],[7] | 3.77% | 3.53% | 5.82% | [9] | |
Total return before incentive fee | [1],[8] | 10.75% | 2.95% | 32.70% | [9] | |
Total return after incentive fee | [1],[8] | 9.15% | 1.22% | 28.80% | [9] | |
Equinox Frontier Balanced Fund [Member] | Class Threea [Member] | ||||||
Net asset value per unit, Beginning balance | [5] | $ 154.37 | $ 152.52 | [9] | $ 118.41 | [9] |
Interest incomes | [5] | 0.18 | 0.05 | 0.04 | [9] | |
Expenses | [5] | (5.21) | (5.68) | (7.13) | [9] | |
Net gain/(loss) on investments, net of non-controlling interests | [5] | 19.15 | 7.50 | 41.20 | [9] | |
Net income/(loss) | [5] | 14.12 | 1.85 | 34.11 | [9] | |
Net asset value per unit, Ending balance | [5] | $ 168.49 | $ 154.37 | $ 152.52 | [9] | |
Net investment gain/(loss) | [1] | (3.62%) | (3.50%) | (5.79%) | [9] | |
Expenses before incentive fees | [1],[7] | 2.16% | 1.80% | 1.92% | [9] | |
Expenses after incentive fees | [1],[7] | 3.77% | 3.53% | 5.82% | [9] | |
Total return before incentive fee | [1],[8] | 10.75% | 2.95% | 32.70% | [9] | |
Total return after incentive fee | [1],[8] | 9.15% | 1.21% | 28.81% | [9] | |
Equinox Frontier Balanced Fund [Member] | Class OneAP [Member] | ||||||
Net asset value per unit, Beginning balance | [5] | $ 133.59 | $ 133.20 | [9] | $ 102.62 | [9] |
Interest incomes | [5] | 0.15 | 0.04 | 0.03 | [9] | |
Expenses | [5] | (4.49) | (4.94) | (6.71) | [9] | |
Net gain/(loss) on investments, net of non-controlling interests | [5] | 15.72 | 5.29 | 37.26 | [9] | |
Net income/(loss) | [5] | 11.38 | 0.39 | 30.58 | [9] | |
Net asset value per unit, Ending balance | [5] | $ 144.97 | $ 133.59 | $ 133.20 | [9] | |
Net investment gain/(loss) | [1] | (3.62%) | (3.50%) | (5.79%) | [9] | |
Expenses before incentive fees | [1],[7] | 2.16% | 1.80% | 1.92% | [9] | |
Expenses after incentive fees | [1],[7] | 3.77% | 3.53% | 5.82% | [9] | |
Total return before incentive fee | [1],[8] | 10.12% | 2.02% | 33.69% | [9] | |
Total return after incentive fee | [1],[8] | 8.52% | 0.29% | 29.80% | [9] | |
Equinox Frontier Select Fund [Member] | Class One [Member] | ||||||
Net asset value per unit, Beginning balance | [5] | $ 90.35 | $ 95.61 | [9] | $ 79.86 | [9] |
Interest incomes | [5] | 0.01 | 0 | 0 | [9] | |
Expenses | [5] | (6.11) | (6.63) | (7.61) | [9] | |
Net gain/(loss) on investments, net of non-controlling interests | [5] | 9.81 | 1.37 | 23.36 | [9] | |
Net income/(loss) | [5] | 3.71 | (5.26) | 15.75 | [9] | |
Net asset value per unit, Ending balance | [5] | $ 94.06 | $ 90.35 | $ 95.61 | [9] | |
Net investment gain/(loss) | [1] | (8.44%) | (6.91%) | (9.61%) | [9] | |
Expenses before incentive fees | [1],[7] | 8.14% | 5.82% | 7.14% | [9] | |
Expenses after incentive fees | [1],[7] | 8.45% | 6.91% | 9.61% | [9] | |
Total return before incentive fee | [1],[8] | 4.42% | (4.42%) | 22.20% | [9] | |
Total return after incentive fee | [1],[8] | 4.11% | (5.50%) | 19.72% | [9] | |
Equinox Frontier Select Fund [Member] | Class Two [Member] | ||||||
Net asset value per unit, Beginning balance | [5] | $ 125.11 | $ 128.48 | [9] | $ 104.14 | [9] |
Interest incomes | [5] | 0.01 | 0 | 0 | [9] | |
Expenses | [5] | (4.37) | (5.11) | (6.93) | [9] | |
Net gain/(loss) on investments, net of non-controlling interests | [5] | 13.50 | 1.74 | 31.27 | [9] | |
Net income/(loss) | [5] | 9.14 | (3.37) | 24.34 | [9] | |
Net asset value per unit, Ending balance | [5] | $ 134.25 | $ 125.11 | $ 128.48 | [9] | |
Net investment gain/(loss) | [1] | (4.24%) | (3.91%) | (6.61%) | [9] | |
Expenses before incentive fees | [1],[7] | 3.94% | 2.82% | 4.14% | [9] | |
Expenses after incentive fees | [1],[7] | 4.26% | 3.91% | 6.61% | [9] | |
Total return before incentive fee | [1],[8] | 7.62% | (1.54%) | 25.85% | [9] | |
Total return after incentive fee | [1],[8] | 7.31% | (2.62%) | 23.37% | [9] | |
Equinox Frontier Select Fund [Member] | Class OneAP [Member] | ||||||
Net asset value per unit, Beginning balance | [5] | $ 94.28 | $ 96.82 | [9] | $ 75.53 | [9] |
Interest incomes | [5] | 0 | 0 | 0 | [9] | |
Expenses | [5] | (3.30) | (3.84) | (5.48) | [9] | |
Net gain/(loss) on investments, net of non-controlling interests | [5] | 10.18 | 1.30 | 26.77 | [9] | |
Net income/(loss) | [5] | 6.88 | (2.54) | 21.29 | [9] | |
Net asset value per unit, Ending balance | [5] | $ 101.16 | $ 94.28 | $ 96.82 | [9] | |
Net investment gain/(loss) | [1] | (4.26%) | (3.91%) | (6.61%) | [9] | |
Expenses before incentive fees | [1],[7] | 3.94% | 2.82% | 4.14% | [9] | |
Expenses after incentive fees | [1],[7] | 4.26% | 3.91% | 6.61% | [9] | |
Total return before incentive fee | [1],[8] | 7.61% | (1.54%) | 30.66% | [9] | |
Total return after incentive fee | [1],[8] | 7.30% | (2.62%) | 28.19% | [9] | |
Equinox Frontier Winton Fund [Member] | Class One [Member] | ||||||
Net asset value per unit, Beginning balance | [5] | $ 164.17 | $ 175.95 | [9] | $ 139.59 | [9] |
Interest incomes | [5] | 0.04 | 0 | 0 | [9] | |
Expenses | [5] | (12.41) | (15.25) | (17.82) | [9] | |
Net gain/(loss) on investments, net of non-controlling interests | [5] | 2.72 | 3.47 | 54.18 | [9] | |
Net income/(loss) | [5] | (9.66) | (11.78) | 36.36 | [9] | |
Net asset value per unit, Ending balance | [5] | $ 154.51 | $ 164.17 | $ 175.95 | [9] | |
Net investment gain/(loss) | [1] | (9.91%) | (8.74%) | (12.22%) | [9] | |
Expenses before incentive fees | [1],[7] | 9.66% | 6.88% | 7.09% | [9] | |
Expenses after incentive fees | [1],[7] | 9.94% | 8.74% | 12.22% | [9] | |
Total return before incentive fee | [1],[8] | (5.60%) | (4.83%) | 31.18% | [9] | |
Total return after incentive fee | [1],[8] | (5.88%) | (6.70%) | 26.05% | [9] | |
Equinox Frontier Winton Fund [Member] | Class Two [Member] | ||||||
Net asset value per unit, Beginning balance | [5] | $ 217.51 | $ 226.23 | [9] | $ 174.17 | [9] |
Interest incomes | [5] | 0.05 | 0 | 0 | [9] | |
Expenses | [5] | (9.99) | (13.06) | (17.09) | [9] | |
Net gain/(loss) on investments, net of non-controlling interests | [5] | 3.41 | 4.34 | 69.15 | [9] | |
Net income/(loss) | [5] | (6.53) | (8.72) | 52.06 | [9] | |
Net asset value per unit, Ending balance | [5] | $ 210.98 | $ 217.51 | $ 226.23 | [9] | |
Net investment gain/(loss) | [1] | (5.88%) | (5.74%) | (9.22%) | [9] | |
Expenses before incentive fees | [1],[7] | 5.63% | 3.88% | 4.09% | [9] | |
Expenses after incentive fees | [1],[7] | 5.91% | 5.74% | 9.22% | [9] | |
Total return before incentive fee | [1],[8] | (2.72%) | (1.99%) | 35.02% | [9] | |
Total return after incentive fee | [1],[8] | (3.00%) | (3.85%) | 29.89% | [9] | |
Equinox Frontier Winton Fund [Member] | Class OneAP [Member] | ||||||
Net asset value per unit, Beginning balance | [5] | $ 171.31 | $ 178.18 | [9] | $ 138.93 | [9] |
Interest incomes | [5] | 0.04 | 0 | 0 | [9] | |
Expenses | [5] | (7.86) | (10.28) | (13.99) | [9] | |
Net gain/(loss) on investments, net of non-controlling interests | [5] | 2.68 | 3.41 | 53.24 | [9] | |
Net income/(loss) | [5] | (5.14) | (6.87) | 39.25 | [9] | |
Net asset value per unit, Ending balance | [5] | $ 166.17 | $ 171.31 | $ 178.18 | [9] | |
Net investment gain/(loss) | [1] | (5.88%) | (5.74%) | (9.22%) | [9] | |
Expenses before incentive fees | [1],[7] | 5.63% | 3.88% | 4.09% | [9] | |
Expenses after incentive fees | [1],[7] | 5.91% | 5.74% | 9.22% | [9] | |
Total return before incentive fee | [1],[8] | (2.71%) | (1.99%) | 33.38% | [9] | |
Total return after incentive fee | [1],[8] | (3.00%) | (3.86%) | 28.25% | [9] | |
Equinox Frontier Heritage Fund [Member] | Class One [Member] | ||||||
Net asset value per unit, Beginning balance | [5] | $ 124.27 | $ 130.28 | [9] | $ 102.05 | [9] |
Interest incomes | [5] | 0.02 | 0 | 0 | [9] | |
Expenses | [5] | (7.76) | (9.27) | (10.02) | [9] | |
Net gain/(loss) on investments, net of non-controlling interests | [5] | 3.05 | 3.26 | 38.25 | [9] | |
Net income/(loss) | [5] | (4.69) | (6.01) | 28.23 | [9] | |
Net asset value per unit, Ending balance | [5] | $ 119.58 | $ 124.27 | $ 130.28 | [9] | |
Net investment gain/(loss) | [1] | (8.17%) | (6.97%) | (9.68%) | [9] | |
Expenses before incentive fees | [1],[7] | 8.11% | 5.94% | 6.53% | [9] | |
Expenses after incentive fees | [1],[7] | 8.19% | 6.97% | 9.68% | [9] | |
Total return before incentive fee | [1],[8] | (3.69%) | (3.58%) | 30.81% | [9] | |
Total return after incentive fee | [1],[8] | (3.77%) | (4.61%) | 27.66% | [9] | |
Equinox Frontier Heritage Fund [Member] | Class Two [Member] | ||||||
Net asset value per unit, Beginning balance | [5] | $ 173.54 | $ 176.56 | [9] | $ 134.21 | [9] |
Interest incomes | [5] | 0.02 | 0 | 0 | [9] | |
Expenses | [5] | (5.60) | (7.26) | (9.27) | [9] | |
Net gain/(loss) on investments, net of non-controlling interests | [5] | 4.14 | 4.24 | 51.62 | [9] | |
Net income/(loss) | [5] | (1.44) | (3.02) | 42.35 | [9] | |
Net asset value per unit, Ending balance | [5] | $ 172.10 | $ 173.54 | $ 176.56 | [9] | |
Net investment gain/(loss) | [1] | (4.14%) | (3.97%) | (6.67%) | [9] | |
Expenses before incentive fees | [1],[7] | 4.07% | 2.94% | 3.53% | [9] | |
Expenses after incentive fees | [1],[7] | 4.15% | 3.97% | 6.67% | [9] | |
Total return before incentive fee | [1],[8] | (0.75%) | (0.68%) | 34.70% | [9] | |
Total return after incentive fee | [1],[8] | (0.83%) | (1.71%) | 31.56% | [9] | |
Equinox Frontier Heritage Fund [Member] | Class OneAP [Member] | ||||||
Net asset value per unit, Beginning balance | [5] | $ 129.67 | $ 131.93 | [9] | $ 98.80 | [9] |
Interest incomes | [5] | 0 | 0 | 0 | [9] | |
Expenses | [5] | (4.25) | (5.42) | (7.36) | [9] | |
Net gain/(loss) on investments, net of non-controlling interests | [5] | 3.18 | 3.16 | 40.49 | [9] | |
Net income/(loss) | [5] | (1.07) | (2.26) | 33.13 | [9] | |
Net asset value per unit, Ending balance | [5] | $ 128.60 | $ 129.67 | $ 131.93 | [9] | |
Net investment gain/(loss) | [1] | (4.15%) | (3.97%) | (6.67%) | [9] | |
Expenses before incentive fees | [1],[7] | 4.07% | 2.94% | 3.53% | [9] | |
Expenses after incentive fees | [1],[7] | 4.15% | 3.97% | 6.67% | [9] | |
Total return before incentive fee | [1],[8] | (0.75%) | (0.68%) | 36.68% | [9] | |
Total return after incentive fee | [1],[8] | (0.83%) | (1.71%) | 33.53% | [9] | |
Frontier Trading Company I, LLC | ||||||
Net investment gain/(loss) | (0.01%) | (0.11%) | (0.12%) | |||
Total Return | 19.51% | 63.74% | 145.03% | |||
Frontier Trading Company II, LLC | ||||||
Net investment gain/(loss) | 0.04% | 0.02% | 0.03% | |||
Total Return | 36.78% | 67.48% | 241.28% | |||
Frontier Trading Company Vii Llc [Member] | ||||||
Net investment gain/(loss) | [10] | 0.05% | (0.02%) | (0.03%) | ||
Total Return | [10] | 145.34% | 117.20% | 37.77% | ||
Frontier Trading Company Xiv Llc [Member] | ||||||
Net investment gain/(loss) | [11] | 0.11% | (0.01%) | (0.20%) | ||
Total Return | [11] | 75.41% | (27.64%) | 159.10% | ||
Frontier Trading Company XV, LLC | ||||||
Net investment gain/(loss) | 0.01% | 0.01% | (0.02%) | |||
Total Return | 32.45% | (0.93%) | 19.79% | |||
Frontier Trading Company XXIII, LLC | ||||||
Net investment gain/(loss) | [12] | (0.42%) | (0.45%) | (0.46%) | ||
Total Return | [12] | (99.90%) | 48.44% | 2149.00% | ||
Frontier Trading Company Xxix Llc [Member] | ||||||
Net investment gain/(loss) | [13] | 0.06% | (0.04%) | 0.01% | ||
Total Return | [13] | (100.00%) | (56.27%) | (37.15%) | ||
Frontier Trading Company Xxxiv Llc [Member] | ||||||
Net investment gain/(loss) | 0.00% | 0.00% | 0.00% | |||
Total Return | 5.02% | (29108.31%) | 38.75% | |||
Frontier Trading Company Xxxv Llc [Member] | ||||||
Net investment gain/(loss) | 0.00% | (0.02%) | (0.05%) | |||
Total Return | 2.30% | 1.43% | 41.75% | |||
Frontier Trading Company Xxxvii Llc [Member] | ||||||
Net investment gain/(loss) | 0.00% | 0.00% | 0.00% | |||
Total Return | 7.97% | 32.20% | 91.13% | |||
Frontier Trading Company XXXVIII, LLC | ||||||
Net investment gain/(loss) | 0.00% | 0.00% | 0.00% | |||
Total Return | (2.57%) | (2.86%) | 47.89% | |||
Frontier Trading Company XXXIX, LLC | ||||||
Net investment gain/(loss) | (0.02%) | (0.04%) | (0.07%) | |||
Total Return | (71.58%) | (58.46%) | 85.85% | |||
Galaxy Plus Aspect Master Fund | ||||||
Net investment gain/(loss) | [14] | |||||
Total return after incentive fee | [14] | |||||
Total Return | [15] | (7.46%) | ||||
Galaxy Plus Chesapeake Master Fund | ||||||
Net investment gain/(loss) | [14] | (0.09%) | ||||
Total return after incentive fee | [14] | 0.09% | ||||
Total Return | [15] | (0.46%) | ||||
Galaxy Plus Doherty Master Fund | ||||||
Net investment gain/(loss) | [14] | |||||
Total return after incentive fee | [14] | |||||
Total Return | [15] | 4.59% | ||||
Galaxy Plus EVE Master Fund | ||||||
Net investment gain/(loss) | [14] | |||||
Total return after incentive fee | [14] | |||||
Total Return | [15] | 21.48% | ||||
Galaxy Plus Master Fort | ||||||
Net investment gain/(loss) | [14],[16] | 0.00% | ||||
Total return after incentive fee | [14],[16] | 0.00% | ||||
Total Return | [15] | 5.30% | ||||
Galaxy Plus LRR Master Fund | ||||||
Net investment gain/(loss) | [14] | 0.00% | ||||
Total return after incentive fee | [14] | 0.00% | ||||
Total Return | [15] | 10.59% | ||||
Galaxy Plus QIM Master Fund | ||||||
Net investment gain/(loss) | [14] | (0.07%) | ||||
Total return after incentive fee | [14] | 0.07% | ||||
Total Return | [15] | 35.88% | ||||
Galaxy Plus Quantmetrics Master Fund | ||||||
Net investment gain/(loss) | [14] | (0.03%) | ||||
Total return after incentive fee | [14] | 0.03% | ||||
Total Return | [15] | 1.49% | ||||
Galaxy Plus Quest Master Fund | ||||||
Net investment gain/(loss) | [14] | (0.18%) | ||||
Total return after incentive fee | [14] | 0.18% | ||||
Total Return | [15] | 28.26% | ||||
Galaxy Plus Quest Fit Master Fund | ||||||
Net investment gain/(loss) | [14] | (0.07%) | ||||
Total return after incentive fee | [14] | 0.07% | ||||
Total Return | [15] | 27.75% | ||||
[1] | Annualized with the exception of incentive fees. | |||||
[2] | 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. | |||||
[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 6. | |||||
[4] | Total returns are not annualized. | |||||
[5] | 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. | |||||
[6] | Class 3 began operations on February 24, 2014. | |||||
[7] | 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. | |||||
[8] | 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. | |||||
[9] | Class 1AP began operations on July 31, 2014. | |||||
[10] | Trading Company VII ceased trading operations April 28, 2016 | |||||
[11] | Trading Company XIV ceased trading operations April 21, 2016 | |||||
[12] | Trading Company XXIII ceased trading operations July 22, 2016 | |||||
[13] | Trading Company XXIX commenced operations in November 2014 and ceased trading operations January 29, 2016. | |||||
[14] | The total expense and net investment loss ratios are computed based upon weighted-average member's equity as a whole for the period ended December 31, 2016. | |||||
[15] | 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. | |||||
[16] | Amount represents less thant 0.005%. |
Financial Highlights (Details 2
Financial Highlights (Details 2) | 12 Months Ended | |||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | ||
Expenses before incentive fees | [1],[2],[3] | 4.48% | 4.90% | 5.17% |
Expenses after incentive fees | [1],[2],[3] | 5.75% | 7.10% | 9.75% |
Total return before incentive fee | [1],[4] | 3.62% | 0.60% | 25.23% |
Total return after incentive fee | [1],[4] | 2.35% | (1.60%) | 20.65% |
Net investment gain/(loss) | [1] | (5.50%) | (6.70%) | (9.32%) |
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 510 Series | Class A [Member] | ||||
Expenses before incentive fees | 3.59% | |||
Incentive fee | (0.29%) | |||
Expenses after incentive fees | [5] | 3.30% | ||
Total return before incentive fee | [6] | 4.04% | ||
Incentive fee | [6] | 0.28% | ||
Total return after incentive fee | [6] | 4.32% | ||
Net investment gain/(loss) | [7] | (4.32%) | ||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 510 Series | Class C [Member] | ||||
Expenses before incentive fees | 2.46% | |||
Incentive fee | (0.53%) | |||
Expenses after incentive fees | [5] | 1.93% | ||
Total return before incentive fee | [6] | 8.37% | ||
Incentive fee | [6] | 0.52% | ||
Total return after incentive fee | [6] | 8.89% | ||
Net investment gain/(loss) | [7] | (8.89%) | ||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 510 Series | Class EF [Member] | ||||
Expenses before incentive fees | (11.22%) | |||
Incentive fee | (1.10%) | |||
Expenses after incentive fees | [5] | (12.32%) | ||
Total return before incentive fee | [6] | 2.26% | ||
Incentive fee | [6] | 1.15% | ||
Total return after incentive fee | [6] | 3.41% | ||
Net investment gain/(loss) | [7] | 3.41% | ||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 516 Series | Class EF [Member] | ||||
Expenses before incentive fees | 18.07% | |||
Incentive fee | (3.38%) | |||
Expenses after incentive fees | [5] | 14.69% | ||
Total return before incentive fee | [6],[8] | 3.88% | ||
Incentive fee | [6] | 3.19% | ||
Total return after incentive fee | [6] | 7.07% | ||
Net investment gain/(loss) | [7],[8] | (7.07%) | ||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 517 Series | Class EF [Member] | ||||
Expenses before incentive fees | (29.59%) | |||
Incentive fee | 0.00% | |||
Expenses after incentive fees | [5] | (29.59%) | ||
Total return before incentive fee | [6],[8] | 3.81% | ||
Incentive fee | [6] | 0.00% | ||
Total return after incentive fee | [6] | 3.81% | ||
Net investment gain/(loss) | [7],[8] | (3.81%) | ||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 518 Series | Class EF [Member] | ||||
Expenses before incentive fees | (2.25%) | |||
Incentive fee | (0.79%) | |||
Expenses after incentive fees | [5] | (3.04%) | ||
Total return before incentive fee | [6],[8] | 3.27% | ||
Incentive fee | [6] | 0.73% | ||
Total return after incentive fee | [6] | 4.00% | ||
Net investment gain/(loss) | [7],[8] | (4.00%) | ||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 522 Series | Class EF [Member] | ||||
Expenses before incentive fees | 6.22% | |||
Incentive fee | (1.25%) | |||
Expenses after incentive fees | [5] | 4.97% | ||
Total return before incentive fee | [6],[8] | 5.89% | ||
Incentive fee | [6] | 1.35% | ||
Total return after incentive fee | [6] | 7.24% | ||
Net investment gain/(loss) | [7],[8] | (7.24%) | ||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 526 Series | Class C [Member] | ||||
Expenses before incentive fees | 12.42% | |||
Incentive fee | (3.66%) | |||
Expenses after incentive fees | [5] | 8.76% | ||
Total return before incentive fee | [6],[8] | 2.93% | ||
Incentive fee | [6] | 3.54% | ||
Total return after incentive fee | [6] | 6.47% | ||
Net investment gain/(loss) | [7],[8] | (6.47%) | ||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 526 Series | Class EF [Member] | ||||
Expenses before incentive fees | 34.45% | |||
Incentive fee | (8.29%) | |||
Expenses after incentive fees | [5] | 26.16% | ||
Total return before incentive fee | [6],[8] | 2.86% | ||
Incentive fee | [6] | 9.24% | ||
Total return after incentive fee | [6] | 12.10% | ||
Net investment gain/(loss) | [7],[8] | (12.10%) | ||
Galaxy Plus Fund LLC | Galaxy PlusFund LLC - 527 Series | Class EF [Member] | ||||
Expenses before incentive fees | (2.53%) | |||
Incentive fee | 0.00% | |||
Expenses after incentive fees | [5] | (2.53%) | ||
Total return before incentive fee | [6],[8] | 1.98% | ||
Incentive fee | [6] | 0.00% | ||
Total return after incentive fee | [6] | 1.98% | ||
Net investment gain/(loss) | [7],[8] | (1.98%) | ||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 528 Series | Class EF [Member] | ||||
Expenses before incentive fees | 3.85% | |||
Incentive fee | (0.82%) | |||
Expenses after incentive fees | [5] | 3.03% | ||
Total return before incentive fee | [6],[8] | 1.39% | ||
Incentive fee | [6] | 0.81% | ||
Total return after incentive fee | [6] | 2.20% | ||
Net investment gain/(loss) | [7],[8] | (2.20%) | ||
Galaxy Plus Fund LLC | Galaxy PlusFund LLC -532 Series | Class EF [Member] | ||||
Expenses before incentive fees | (7.60%) | |||
Incentive fee | 0.00% | |||
Expenses after incentive fees | [5] | (7.60%) | ||
Total return before incentive fee | [6],[8] | 3.44% | ||
Incentive fee | [6] | 0.00% | ||
Total return after incentive fee | [6] | 3.44% | ||
Net investment gain/(loss) | [7],[8] | (3.44%) | ||
Galaxy Plus Fund LLC | Galaxy PlusFund LLC -535 Series | Class EF [Member] | ||||
Expenses before incentive fees | 27.08% | |||
Incentive fee | 0.00% | |||
Expenses after incentive fees | [5] | 27.08% | ||
Total return before incentive fee | [6],[8] | 1.87% | ||
Incentive fee | [6] | 0.00% | ||
Total return after incentive fee | [6] | 1.87% | ||
Net investment gain/(loss) | [7],[8] | (1.87%) | ||
[1] | Annualized with the exception of incentive fees. | |||
[2] | 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. | |||
[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 6. | |||
[4] | Total returns are not annualized. | |||
[5] | 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. | |||
[6] | 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, 2016. | |||
[7] | The net investment income/(loss) ratio excludes net realized and unrealized gains (losses) on investments. | |||
[8] | Ratios annualized for partial periods. |
Derivative Instruments and He59
Derivative Instruments and Hedging Activities (Details) - Number | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Derivative Numbers of Instruments Bought | 31,405 | 40,214 | 28,999 |
Derivative Numbers of Instruments Sold | 31,157 | 40,589 | 28,961 |
Equinox Frontier Balanced Fund [Member] | |||
Derivative Numbers of Instruments Bought | 3,551 | 5,930 | 8,975 |
Derivative Numbers of Instruments Sold | 3,667 | 6,000 | 8,811 |
Equinox Frontier Long Short Commodity Fund [Member] | |||
Derivative Numbers of Instruments Bought | 17 | 3,583 | |
Derivative Numbers of Instruments Sold | 7 | 3,892 | |
Equinox Frontier Select Fund [Member] | |||
Derivative Numbers of Instruments Bought | 2,403 | 2,213 | |
Derivative Numbers of Instruments Sold | 2,134 | 2,285 | |
Equinox Frontier Winton Fund [Member] | |||
Derivative Numbers of Instruments Bought | 646 | 629 | |
Derivative Numbers of Instruments Sold | 768 | 697 | |
Equinox Frontier Diversified Fund | |||
Derivative Numbers of Instruments Bought | 7,657 | 9,017 | |
Derivative Numbers of Instruments Sold | 7,698 | 8,941 | |
Frontier Trading Company I, LLC | |||
Derivative Numbers of Instruments Bought | 18,202 | 14,984 | 10,431 |
Derivative Numbers of Instruments Sold | 18,243 | 15,185 | 10,301 |
Frontier Trading Company II, LLC | |||
Derivative Numbers of Instruments Bought | 2,082 | 1,508 | 1,658 |
Derivative Numbers of Instruments Sold | 2,130 | 1,597 | 1,626 |
Frontier Trading Company Vii Llc [Member] | |||
Derivative Numbers of Instruments Bought | 3,085 | 13,402 | 11,107 |
Derivative Numbers of Instruments Sold | 3,086 | 13,274 | 11,212 |
Frontier Trading Company Xiv Llc [Member] | |||
Derivative Numbers of Instruments Bought | 795 | 1,338 | 3,156 |
Derivative Numbers of Instruments Sold | 803 | 1,359 | 3,140 |
Frontier Trading Company XV, LLC | |||
Derivative Numbers of Instruments Bought | 4,154 | 2,153 | 4,102 |
Derivative Numbers of Instruments Sold | 4,001 | 2,225 | 4,066 |
Frontier Trading Company XXIII, LLC | |||
Derivative Numbers of Instruments Bought | 1,682 | 2,926 | 1,981 |
Derivative Numbers of Instruments Sold | 1,615 | 2,962 | 1,952 |
Frontier Trading Company Xxix Llc [Member] | |||
Derivative Numbers of Instruments Bought | 64 | 526 | 42 |
Derivative Numbers of Instruments Sold | 71 | 537 | 22 |
Frontier Trading Company XXXVIII, LLC | |||
Derivative Numbers of Instruments Bought | 1,341 | 1,275 | 1,730 |
Derivative Numbers of Instruments Sold | 1,208 | 1,349 | 1,622 |
Frontier Trading Company Xxxiv Llc [Member] | |||
Derivative Numbers of Instruments Bought | 972 | 1,936 | |
Derivative Numbers of Instruments Sold | 972 | 1,938 |
Derivative Instruments and He60
Derivative Instruments and Hedging Activities (Details 2) - Realized Trading Revenue [Member] - USD ($) | 12 Months Ended | |||||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | ||||
Realized Trading Revenue from Futures, Forwards and Options | $ 4,588,561 | [1] | $ 34,717,764 | [2] | $ 56,215,423 | |
Metals [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | (6,470,215) | 2,815,290 | (256,981) | |||
Currencies | ||||||
Realized Trading Revenue from Futures, Forwards and Options | (325,860) | 20,181 | 17,899,627 | |||
Energies [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | (1,704,062) | 24,010,764 | 3,916,742 | |||
Agriculture | ||||||
Realized Trading Revenue from Futures, Forwards and Options | (1,356,271) | (1,076,371) | 1,567,689 | |||
Interest Rates [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | 15,051,999 | 7,698,430 | 29,064,075 | |||
Stock Indices [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | (607,029) | 1,249,470 | 4,024,271 | |||
Equinox Frontier Winton Fund [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | [2] | 592,863 | 3,365,969 | |||
Equinox Frontier Winton Fund [Member] | Metals [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | (2,388,858) | 1,193,164 | ||||
Equinox Frontier Winton Fund [Member] | Currencies | ||||||
Realized Trading Revenue from Futures, Forwards and Options | 2,423,468 | (708,080) | ||||
Equinox Frontier Winton Fund [Member] | Energies [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | (1,997,815) | 4,578,349 | ||||
Equinox Frontier Winton Fund [Member] | Agriculture | ||||||
Realized Trading Revenue from Futures, Forwards and Options | (645,570) | 163,315 | ||||
Equinox Frontier Winton Fund [Member] | Interest Rates [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | 3,484,057 | 2,023,333 | ||||
Equinox Frontier Winton Fund [Member] | Stock Indices [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | (282,419) | (3,884,112) | ||||
Equinox Frontier Balanced Fund [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | 3,778,432 | [2] | (164,986) | [2] | 14,306,201 | |
Equinox Frontier Balanced Fund [Member] | Metals [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | 182,563 | (1,177,902) | 395,916 | |||
Equinox Frontier Balanced Fund [Member] | Currencies | ||||||
Realized Trading Revenue from Futures, Forwards and Options | (13,492) | (1,439,511) | 4,230,277 | |||
Equinox Frontier Balanced Fund [Member] | Energies [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | (486,968) | 1,689,728 | 514,658 | |||
Equinox Frontier Balanced Fund [Member] | Agriculture | ||||||
Realized Trading Revenue from Futures, Forwards and Options | 104,957 | (713,403) | 712,902 | |||
Equinox Frontier Balanced Fund [Member] | Interest Rates [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | 5,052,510 | 2,060,482 | 10,131,219 | |||
Equinox Frontier Balanced Fund [Member] | Stock Indices [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | (1,061,138) | (584,380) | (1,678,771) | |||
Equinox Frontier Select Fund [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | [2] | 2,106,971 | 1,385,609 | |||
Equinox Frontier Select Fund [Member] | Metals [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | (410,694) | 318,485 | ||||
Equinox Frontier Select Fund [Member] | Currencies | ||||||
Realized Trading Revenue from Futures, Forwards and Options | 900,699 | (1,139,499) | ||||
Equinox Frontier Select Fund [Member] | Energies [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | (341,104) | 2,554,163 | ||||
Equinox Frontier Select Fund [Member] | Agriculture | ||||||
Realized Trading Revenue from Futures, Forwards and Options | (239,338) | (430,337) | ||||
Equinox Frontier Select Fund [Member] | Interest Rates [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | 1,821,479 | 465,975 | ||||
Equinox Frontier Select Fund [Member] | Stock Indices [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | 375,929 | (383,178) | ||||
Equinox Frontier Long Short Commodity Fund [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | (90,214) | [2] | (2,580,860) | |||
Equinox Frontier Long Short Commodity Fund [Member] | Metals [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | (34,888) | (60,704) | ||||
Equinox Frontier Long Short Commodity Fund [Member] | Currencies | ||||||
Realized Trading Revenue from Futures, Forwards and Options | (278,672) | |||||
Equinox Frontier Long Short Commodity Fund [Member] | Energies [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | 62,750 | (1,920,468) | ||||
Equinox Frontier Long Short Commodity Fund [Member] | Agriculture | ||||||
Realized Trading Revenue from Futures, Forwards and Options | (118,076) | (252,807) | ||||
Equinox Frontier Long Short Commodity Fund [Member] | Interest Rates [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | (223,175) | |||||
Equinox Frontier Long Short Commodity Fund [Member] | Stock Indices [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | 154,966 | |||||
Equinox Frontier Diversified Fund | ||||||
Realized Trading Revenue from Futures, Forwards and Options | 8,599,684 | [2] | 15,855,703 | |||
Equinox Frontier Diversified Fund | Metals [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | (290,825) | (137,422) | ||||
Equinox Frontier Diversified Fund | Currencies | ||||||
Realized Trading Revenue from Futures, Forwards and Options | 1,383,673 | 2,058,953 | ||||
Equinox Frontier Diversified Fund | Energies [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | 583,688 | 1,116,359 | ||||
Equinox Frontier Diversified Fund | Agriculture | ||||||
Realized Trading Revenue from Futures, Forwards and Options | (393,721) | 1,285,340 | ||||
Equinox Frontier Diversified Fund | Interest Rates [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | 4,591,068 | 7,556,999 | ||||
Equinox Frontier Diversified Fund | Stock Indices [Member] | ||||||
Realized Trading Revenue from Futures, Forwards and Options | $ 2,725,801 | $ 3,975,474 | ||||
[1] | In the Consolidated Statement of Operations under net realized gain/(loss) on futures, forwards and options | |||||
[2] | Amounts recorded in the Statements of Operations under Net realized gain (loss) on futures forwards and options. |
Derivative Instruments and He61
Derivative Instruments and Hedging Activities (Details 3) - Open Trade Equity [Member] - USD ($) | 12 Months Ended | |||||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | ||||
Net Change in Open Trade Equity from Futures, Forwards and Options | $ 6,811,181 | [1] | $ (19,985,903) | [2] | $ (1,839,399) | |
Metals [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 2,214,634 | (2,022,111) | (1,062,356) | |||
Currencies | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (833,869) | (661,383) | (3,251,824) | |||
Energies [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 2,892,066 | (11,513,437) | 2,821,849 | |||
Agriculture | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 419,663 | (220,936) | 385,834 | |||
Interest Rates [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 1,370,283 | (5,067,720) | 4,804,024 | |||
Stock Indices [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 748,403 | (500,317) | (5,536,926) | |||
Equinox Frontier Select Fund [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | [2] | 187,115 | (1,200,359) | |||
Equinox Frontier Select Fund [Member] | Metals [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (97,042) | 341,471 | ||||
Equinox Frontier Select Fund [Member] | Currencies | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 231,035 | 68,644 | ||||
Equinox Frontier Select Fund [Member] | Energies [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (457,542) | (87,484) | ||||
Equinox Frontier Select Fund [Member] | Agriculture | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (47,280) | (193,259) | ||||
Equinox Frontier Select Fund [Member] | Interest Rates [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 435,147 | (1,031,494) | ||||
Equinox Frontier Select Fund [Member] | Stock Indices [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 122,797 | (298,237) | ||||
Equinox Frontier Balanced Fund [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (340,656) | [2] | (1,623,264) | [2] | (375,319) | |
Equinox Frontier Balanced Fund [Member] | Metals [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 60,680 | 98,396 | (637,522) | |||
Equinox Frontier Balanced Fund [Member] | Currencies | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (568,349) | 326,929 | (1,098,156) | |||
Equinox Frontier Balanced Fund [Member] | Energies [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 127,622 | (655,732) | 711,051 | |||
Equinox Frontier Balanced Fund [Member] | Agriculture | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (8,243) | (27,073) | (445,848) | |||
Equinox Frontier Balanced Fund [Member] | Interest Rates [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 88,321 | (1,209,945) | 1,984,817 | |||
Equinox Frontier Balanced Fund [Member] | Stock Indices [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (40,687) | (155,839) | (889,661) | |||
Equinox Frontier Winton Fund [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 466,268 | [2] | (2,127,402) | [3] | ||
Equinox Frontier Winton Fund [Member] | Metals [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (577,784) | (258,245) | ||||
Equinox Frontier Winton Fund [Member] | Currencies | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 92,870 | (1,135,570) | ||||
Equinox Frontier Winton Fund [Member] | Energies [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (165,261) | (477,721) | ||||
Equinox Frontier Winton Fund [Member] | Agriculture | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 105,158 | 195,067 | ||||
Equinox Frontier Winton Fund [Member] | Interest Rates [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 699,717 | (587,015) | ||||
Equinox Frontier Winton Fund [Member] | Stock Indices [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 311,568 | 136,082 | ||||
Equinox Frontier Long Short Commodity Fund [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 693,263 | [2] | 961,346 | |||
Equinox Frontier Long Short Commodity Fund [Member] | Metals [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 40,106 | (162,388) | ||||
Equinox Frontier Long Short Commodity Fund [Member] | Currencies | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 88,181 | (6,439) | ||||
Equinox Frontier Long Short Commodity Fund [Member] | Energies [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 310,673 | 1,631,427 | ||||
Equinox Frontier Long Short Commodity Fund [Member] | Agriculture | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 265,514 | (574,982) | ||||
Equinox Frontier Long Short Commodity Fund [Member] | Interest Rates [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 6,479 | 322,580 | ||||
Equinox Frontier Long Short Commodity Fund [Member] | Stock Indices [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | $ (17,690) | (248,852) | ||||
Equinox Frontier Diversified Fund | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 450,401 | [2] | 1,421,570 | |||
Equinox Frontier Diversified Fund | Metals [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 826,351 | (146,990) | ||||
Equinox Frontier Diversified Fund | Currencies | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (193,292) | 844,069 | ||||
Equinox Frontier Diversified Fund | Energies [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 147,793 | 533,875 | ||||
Equinox Frontier Diversified Fund | Agriculture | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 90,444 | 17,224 | ||||
Equinox Frontier Diversified Fund | Interest Rates [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (924,670) | 2,428,862 | ||||
Equinox Frontier Diversified Fund | Stock Indices [Member] | ||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | $ 503,775 | $ (2,255,470) | ||||
[1] | In the Consolidated Statement of Operations under net change in open trade equity (deficit), at fair value. | |||||
[2] | Amounts recorded in the Statements of Operations under Net change in open trade equity (deficit). | |||||
[3] | Amounts recorded in the Statements of Operations under Net realized gain (loss) on futures forwards and options. |
Derivative Instruments and He62
Derivative Instruments and Hedging Activities (Details Narrative) - USD ($) | Dec. 31, 2016 | Dec. 31, 2015 |
Open Trade Equity Deficit [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Gross Amounts of recognized Derivative Assets | $ 2,998,612 | $ 2,101,541 |
Gross Amounts offset in the Statement of Financial Condition | (852,405) | (6,450,411) |
Net Amounts Presented in the Statement of Financial Condition | 2,146,207 | (4,348,870) |
Swap [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Gross Amounts of recognized Derivative Assets | 40,189,178 | 40,136,065 |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 40,189,178 | 40,136,065 |
Options Purchased [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Gross Amounts of recognized Derivative Assets | 526,288 | |
Net Amounts Presented in the Statement of Financial Condition | 526,288 | |
Options Written [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Gross Amounts offset in the Statement of Financial Condition | (165,760) | |
Net Amounts Presented in the Statement of Financial Condition | (165,760) | |
Equinox Frontier Balanced Fund [Member] | Open Trade Equity Deficit [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Gross Amounts of recognized Derivative Assets | 515,659 | 26,882 |
Gross Amounts offset in the Statement of Financial Condition | (277,998) | (15,352) |
Net Amounts Presented in the Statement of Financial Condition | 237,661 | 11,530 |
Equinox Frontier Balanced Fund [Member] | Swap [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Gross Amounts of recognized Derivative Assets | 18,939,450 | 19,157,520 |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 18,939,450 | 19,157,520 |
Equinox Frontier Diversified Fund | Swap [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Gross Amounts of recognized Derivative Assets | 8,637,847 | 8,685,849 |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 8,637,847 | 8,685,849 |
Equinox Frontier Long Short Commodity Fund [Member] | Swap [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Gross Amounts of recognized Derivative Assets | 4,220,468 | 4,332,428 |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 4,220,468 | 4,332,428 |
Equinox Frontier Heritage Fund [Member] | Swap [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Gross Amounts of recognized Derivative Assets | 8,391,414 | 7,960,268 |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 8,391,414 | 7,960,268 |
Equinox Frontier Select Fund [Member] | Open Trade Equity Deficit [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Gross Amounts of recognized Derivative Assets | 1,136,504 | 495,020 |
Gross Amounts offset in the Statement of Financial Condition | (450,482) | (32,681) |
Net Amounts Presented in the Statement of Financial Condition | 686,022 | 462,339 |
Equinox Frontier Winton Fund [Member] | Open Trade Equity Deficit [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Gross Amounts of recognized Derivative Assets | 2,393,850 | 768,118 |
Gross Amounts offset in the Statement of Financial Condition | (1,171,326) | (168,539) |
Net Amounts Presented in the Statement of Financial Condition | $ 1,222,524 | $ 599,579 |
Derivative Instruments and He63
Derivative Instruments and Hedging Activities (Details 4) - USD ($) | 12 Months Ended | ||||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |||
Realized Trading Revenue [Member] | |||||
Realized Trading Revenue from Futures, Forwards and Options | $ 4,588,561 | [1] | $ 34,717,764 | [2] | $ 56,215,423 |
Realized Trading Revenue [Member] | Metal | |||||
Realized Trading Revenue from Futures, Forwards and Options | (6,470,215) | 2,815,290 | (256,981) | ||
Realized Trading Revenue [Member] | Currencies | |||||
Realized Trading Revenue from Futures, Forwards and Options | (325,860) | 20,181 | 17,899,627 | ||
Realized Trading Revenue [Member] | Energies | |||||
Realized Trading Revenue from Futures, Forwards and Options | (1,704,062) | 24,010,764 | 3,916,742 | ||
Realized Trading Revenue [Member] | Agriculture | |||||
Realized Trading Revenue from Futures, Forwards and Options | (1,356,271) | (1,076,371) | 1,567,689 | ||
Realized Trading Revenue [Member] | Interest Rates | |||||
Realized Trading Revenue from Futures, Forwards and Options | 15,051,999 | 7,698,430 | 29,064,075 | ||
Realized Trading Revenue [Member] | Stock Indices | |||||
Realized Trading Revenue from Futures, Forwards and Options | (607,029) | 1,249,470 | 4,024,271 | ||
Realized Trading Revenue [Member] | Frontier Trading Company I, LLC | |||||
Realized Trading Revenue from Futures, Forwards and Options | 4,710,217 | 11,657,257 | 17,664,613 | ||
Realized Trading Revenue [Member] | Frontier Trading Company I, LLC | Metal | |||||
Realized Trading Revenue from Futures, Forwards and Options | (570,904) | 638,640 | (437,457) | ||
Realized Trading Revenue [Member] | Frontier Trading Company I, LLC | Currencies | |||||
Realized Trading Revenue from Futures, Forwards and Options | (1,134,947) | 1,473,437 | 1,750,349 | ||
Realized Trading Revenue [Member] | Frontier Trading Company I, LLC | Energies | |||||
Realized Trading Revenue from Futures, Forwards and Options | (540,962) | 3,075,926 | 1,194,230 | ||
Realized Trading Revenue [Member] | Frontier Trading Company I, LLC | Agriculture | |||||
Realized Trading Revenue from Futures, Forwards and Options | (793,888) | (618,275) | 1,309,078 | ||
Realized Trading Revenue [Member] | Frontier Trading Company I, LLC | Interest Rates | |||||
Realized Trading Revenue from Futures, Forwards and Options | 6,698,984 | 4,813,887 | 10,676,345 | ||
Realized Trading Revenue [Member] | Frontier Trading Company I, LLC | Stock Indices | |||||
Realized Trading Revenue from Futures, Forwards and Options | 1,051,934 | 2,273,642 | 3,172,068 | ||
Realized Trading Revenue [Member] | Frontier Trading Company II, LLC | |||||
Realized Trading Revenue from Futures, Forwards and Options | 618,478 | 6,920,344 | 22,495,002 | ||
Realized Trading Revenue [Member] | Frontier Trading Company II, LLC | Metal | |||||
Realized Trading Revenue from Futures, Forwards and Options | (2,388,857) | 412,683 | 170,841 | ||
Realized Trading Revenue [Member] | Frontier Trading Company II, LLC | Currencies | |||||
Realized Trading Revenue from Futures, Forwards and Options | 2,449,081 | (346,462) | 3,665,521 | ||
Realized Trading Revenue [Member] | Frontier Trading Company II, LLC | Energies | |||||
Realized Trading Revenue from Futures, Forwards and Options | (1,997,815) | 3,898,848 | 5,800,067 | ||
Realized Trading Revenue [Member] | Frontier Trading Company II, LLC | Agriculture | |||||
Realized Trading Revenue from Futures, Forwards and Options | (645,570) | 295,065 | (1,089,242) | ||
Realized Trading Revenue [Member] | Frontier Trading Company II, LLC | Interest Rates | |||||
Realized Trading Revenue from Futures, Forwards and Options | 3,484,057 | 4,204,957 | 12,258,469 | ||
Realized Trading Revenue [Member] | Frontier Trading Company II, LLC | Stock Indices | |||||
Realized Trading Revenue from Futures, Forwards and Options | (282,419) | (1,544,747) | 1,689,346 | ||
Realized Trading Revenue [Member] | Frontier Trading Company VII, LLC | |||||
Realized Trading Revenue from Futures, Forwards and Options | (1,479,588) | 17,335,609 | 147,793 | ||
Realized Trading Revenue [Member] | Frontier Trading Company VII, LLC | Metal | |||||
Realized Trading Revenue from Futures, Forwards and Options | (2,735,981) | 2,770,377 | 690,535 | ||
Realized Trading Revenue [Member] | Frontier Trading Company VII, LLC | Currencies | |||||
Realized Trading Revenue from Futures, Forwards and Options | (333,855) | 572,927 | 2,527,403 | ||
Realized Trading Revenue [Member] | Frontier Trading Company VII, LLC | Energies | |||||
Realized Trading Revenue from Futures, Forwards and Options | 1,426,316 | 13,476,409 | (3,255,197) | ||
Realized Trading Revenue [Member] | Frontier Trading Company VII, LLC | Agriculture | |||||
Realized Trading Revenue from Futures, Forwards and Options | 634,825 | 1,146,162 | (158,431) | ||
Realized Trading Revenue [Member] | Frontier Trading Company VII, LLC | Interest Rates | |||||
Realized Trading Revenue from Futures, Forwards and Options | (342,396) | (803,460) | 123,894 | ||
Realized Trading Revenue [Member] | Frontier Trading Company VII, LLC | Stock Indices | |||||
Realized Trading Revenue from Futures, Forwards and Options | (128,497) | 173,194 | 219,589 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XIV, LLC | |||||
Realized Trading Revenue from Futures, Forwards and Options | 1,119,495 | 128,198 | 5,151,877 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XIV, LLC | Metal | |||||
Realized Trading Revenue from Futures, Forwards and Options | 15,680 | (173,565) | (882,227) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XIV, LLC | Currencies | |||||
Realized Trading Revenue from Futures, Forwards and Options | 180,074 | (1,062,588) | 2,737,165 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XIV, LLC | Energies | |||||
Realized Trading Revenue from Futures, Forwards and Options | 173,411 | 1,755,803 | 237,904 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XIV, LLC | Agriculture | |||||
Realized Trading Revenue from Futures, Forwards and Options | (128,046) | (308,178) | 829,935 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XIV, LLC | Interest Rates | |||||
Realized Trading Revenue from Futures, Forwards and Options | 1,341,209 | 767,420 | 3,297,947 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XIV, LLC | Stock Indices | |||||
Realized Trading Revenue from Futures, Forwards and Options | (462,833) | (850,694) | (1,068,847) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XV, LLC | |||||
Realized Trading Revenue from Futures, Forwards and Options | 2,092,044 | 1,385,257 | 4,680,757 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XV, LLC | Metal | |||||
Realized Trading Revenue from Futures, Forwards and Options | (410,694) | 318,485 | 575,380 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XV, LLC | Currencies | |||||
Realized Trading Revenue from Futures, Forwards and Options | 885,773 | (1,140,254) | 1,090,109 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XV, LLC | Energies | |||||
Realized Trading Revenue from Futures, Forwards and Options | (341,104) | 2,554,164 | 561,158 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XV, LLC | Agriculture | |||||
Realized Trading Revenue from Futures, Forwards and Options | (239,338) | (430,338) | 949,454 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XV, LLC | Interest Rates | |||||
Realized Trading Revenue from Futures, Forwards and Options | 1,821,478 | 466,376 | 2,379,839 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XV, LLC | Stock Indices | |||||
Realized Trading Revenue from Futures, Forwards and Options | 375,929 | (383,176) | (875,183) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXIII, LLC | |||||
Realized Trading Revenue from Futures, Forwards and Options | 2,026,555 | 1,982,679 | 6,829,347 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXIII, LLC | Metal | |||||
Realized Trading Revenue from Futures, Forwards and Options | 125,165 | (321,260) | (217,610) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXIII, LLC | Currencies | |||||
Realized Trading Revenue from Futures, Forwards and Options | (661,239) | (349,146) | 1,160,826 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXIII, LLC | Energies | |||||
Realized Trading Revenue from Futures, Forwards and Options | (403,582) | 685,793 | (605,056) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXIII, LLC | Agriculture | |||||
Realized Trading Revenue from Futures, Forwards and Options | |||||
Realized Trading Revenue [Member] | Frontier Trading Company XXIII, LLC | Interest Rates | |||||
Realized Trading Revenue from Futures, Forwards and Options | 3,627,111 | 1,569,067 | 5,823,668 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXIII, LLC | Stock Indices | |||||
Realized Trading Revenue from Futures, Forwards and Options | (660,900) | 398,225 | 667,519 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXIX, LLC | |||||
Realized Trading Revenue from Futures, Forwards and Options | 143,083 | (1,811,908) | (310,258) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXIX, LLC | Metal | |||||
Realized Trading Revenue from Futures, Forwards and Options | (8,260) | (680,920) | (52,470) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXIX, LLC | Currencies | |||||
Realized Trading Revenue from Futures, Forwards and Options | 5,174 | (68,374) | (94,092) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXIX, LLC | Energies | |||||
Realized Trading Revenue from Futures, Forwards and Options | (54,266) | (755,954) | (358,642) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXIX, LLC | Agriculture | |||||
Realized Trading Revenue from Futures, Forwards and Options | 4,630 | (405,228) | (24,200) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXIX, LLC | Interest Rates | |||||
Realized Trading Revenue from Futures, Forwards and Options | 154,416 | (162,699) | 138,650 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXIX, LLC | Stock Indices | |||||
Realized Trading Revenue from Futures, Forwards and Options | 41,389 | 261,267 | 80,496 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXXVIII, LLC | |||||
Realized Trading Revenue from Futures, Forwards and Options | (4,641,720) | (2,416,059) | 1,616,525 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXXVIII, LLC | Metal | |||||
Realized Trading Revenue from Futures, Forwards and Options | (496,363) | (146,993) | (111,695) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXXVIII, LLC | Currencies | |||||
Realized Trading Revenue from Futures, Forwards and Options | (1,715,921) | 776,564 | 5,323,603 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXXVIII, LLC | Energies | |||||
Realized Trading Revenue from Futures, Forwards and Options | 33,941 | (702,562) | 408,068 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXXVIII, LLC | Agriculture | |||||
Realized Trading Revenue from Futures, Forwards and Options | (188,884) | (755,577) | (248,904) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXXVIII, LLC | Interest Rates | |||||
Realized Trading Revenue from Futures, Forwards and Options | (1,732,861) | (2,939,346) | (5,722,822) | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXXVIII, LLC | Stock Indices | |||||
Realized Trading Revenue from Futures, Forwards and Options | (541,633) | 1,351,855 | 1,968,275 | ||
Realized Trading Revenue [Member] | Frontier Trading Company XXXIV, LLC | |||||
Realized Trading Revenue from Futures, Forwards and Options | (463,603) | (2,060,335) | |||
Realized Trading Revenue [Member] | Frontier Trading Company XXXIV, LLC | Metal | |||||
Realized Trading Revenue from Futures, Forwards and Options | (2,157) | 7,721 | |||
Realized Trading Revenue [Member] | Frontier Trading Company XXXIV, LLC | Currencies | |||||
Realized Trading Revenue from Futures, Forwards and Options | 31,785 | (261,257) | |||
Realized Trading Revenue [Member] | Frontier Trading Company XXXIV, LLC | Energies | |||||
Realized Trading Revenue from Futures, Forwards and Options | 180 | ||||
Realized Trading Revenue [Member] | Frontier Trading Company XXXIV, LLC | Agriculture | |||||
Realized Trading Revenue from Futures, Forwards and Options | |||||
Realized Trading Revenue [Member] | Frontier Trading Company XXXIV, LLC | Interest Rates | |||||
Realized Trading Revenue from Futures, Forwards and Options | (69,996) | ||||
Realized Trading Revenue [Member] | Frontier Trading Company XXXIV, LLC | Stock Indices | |||||
Realized Trading Revenue from Futures, Forwards and Options | (423,235) | (1,806,979) | |||
Open Trade Equity [Member] | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 6,811,181 | [3] | (19,985,903) | [4] | (1,839,399) |
Open Trade Equity [Member] | Metal | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 2,214,634 | (2,022,111) | (1,062,356) | ||
Open Trade Equity [Member] | Currencies | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (833,869) | (661,383) | (3,251,824) | ||
Open Trade Equity [Member] | Energies | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 2,892,066 | (11,513,437) | 2,821,849 | ||
Open Trade Equity [Member] | Agriculture | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 419,663 | (220,936) | 385,834 | ||
Open Trade Equity [Member] | Interest Rates | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 1,370,283 | (5,067,720) | 4,804,024 | ||
Open Trade Equity [Member] | Stock Indices | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 748,403 | (500,317) | (5,536,926) | ||
Open Trade Equity [Member] | Frontier Trading Company I, LLC | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (256,870) | (1,192,808) | 1,184,932 | ||
Open Trade Equity [Member] | Frontier Trading Company I, LLC | Metal | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (16,549) | 225,190 | (111,947) | ||
Open Trade Equity [Member] | Frontier Trading Company I, LLC | Currencies | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (695,645) | (346,776) | 365,702 | ||
Open Trade Equity [Member] | Frontier Trading Company I, LLC | Energies | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 109,673 | (487,009) | 389,322 | ||
Open Trade Equity [Member] | Frontier Trading Company I, LLC | Agriculture | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 8,545 | 28,013 | (89,486) | ||
Open Trade Equity [Member] | Frontier Trading Company I, LLC | Interest Rates | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 43,332 | (1,490,244) | 1,577,387 | ||
Open Trade Equity [Member] | Frontier Trading Company I, LLC | Stock Indices | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 293,774 | 878,018 | (946,046) | ||
Open Trade Equity [Member] | Frontier Trading Company II, LLC | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 521,238 | (2,873,705) | (848,009) | ||
Open Trade Equity [Member] | Frontier Trading Company II, LLC | Metal | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (577,784) | 342,136 | (379,502) | ||
Open Trade Equity [Member] | Frontier Trading Company II, LLC | Currencies | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 147,840 | (77,235) | (685,924) | ||
Open Trade Equity [Member] | Frontier Trading Company II, LLC | Energies | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (165,261) | (369,441) | 526,450 | ||
Open Trade Equity [Member] | Frontier Trading Company II, LLC | Agriculture | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 105,158 | 51,330 | (281,100) | ||
Open Trade Equity [Member] | Frontier Trading Company II, LLC | Interest Rates | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 699,717 | (2,060,991) | 2,337,987 | ||
Open Trade Equity [Member] | Frontier Trading Company II, LLC | Stock Indices | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 311,568 | (759,504) | (2,365,920) | ||
Open Trade Equity [Member] | Frontier Trading Company VII, LLC | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 6,437,371 | (12,031,602) | 560,559 | ||
Open Trade Equity [Member] | Frontier Trading Company VII, LLC | Metal | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 2,998,383 | (3,034,728) | (67,120) | ||
Open Trade Equity [Member] | Frontier Trading Company VII, LLC | Currencies | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (34,630) | (166,305) | 90,671 | ||
Open Trade Equity [Member] | Frontier Trading Company VII, LLC | Energies | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 3,264,774 | (9,809,446) | 410,565 | ||
Open Trade Equity [Member] | Frontier Trading Company VII, LLC | Agriculture | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 169,070 | 115,115 | 967,983 | ||
Open Trade Equity [Member] | Frontier Trading Company VII, LLC | Interest Rates | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (2,272) | 740,922 | (432,162) | ||
Open Trade Equity [Member] | Frontier Trading Company VII, LLC | Stock Indices | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 42,046 | 122,840 | (409,378) | ||
Open Trade Equity [Member] | Frontier Trading Company XIV, LLC | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (34,485) | (990,384) | 318,685 | ||
Open Trade Equity [Member] | Frontier Trading Company XIV, LLC | Metal | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (36,385) | 134,618 | 164,178 | ||
Open Trade Equity [Member] | Frontier Trading Company XIV, LLC | Currencies | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (68,823) | 334,553 | (743,778) | ||
Open Trade Equity [Member] | Frontier Trading Company XIV, LLC | Energies | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 87,766 | (950,395) | 873,446 | ||
Open Trade Equity [Member] | Frontier Trading Company XIV, LLC | Agriculture | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (2,760) | (4,647) | (28,250) | ||
Open Trade Equity [Member] | Frontier Trading Company XIV, LLC | Interest Rates | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 55,947 | (437,886) | 371,048 | ||
Open Trade Equity [Member] | Frontier Trading Company XIV, LLC | Stock Indices | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (70,230) | (66,627) | (317,959) | ||
Open Trade Equity [Member] | Frontier Trading Company XV, LLC | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 200,590 | (1,196,519) | (1,450,012) | ||
Open Trade Equity [Member] | Frontier Trading Company XV, LLC | Metal | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (97,042) | 341,471 | (593,950) | ||
Open Trade Equity [Member] | Frontier Trading Company XV, LLC | Currencies | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 244,511 | 72,012 | (1,724,126) | ||
Open Trade Equity [Member] | Frontier Trading Company XV, LLC | Energies | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (457,543) | (87,414) | 875,619 | ||
Open Trade Equity [Member] | Frontier Trading Company XV, LLC | Agriculture | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (47,280) | (193,258) | (53,695) | ||
Open Trade Equity [Member] | Frontier Trading Company XV, LLC | Interest Rates | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 435,147 | (1,031,166) | 464,025 | ||
Open Trade Equity [Member] | Frontier Trading Company XV, LLC | Stock Indices | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 122,797 | (298,164) | (417,885) | ||
Open Trade Equity [Member] | Frontier Trading Company XXIII, LLC | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 27,706 | (921,311) | 825,760 | ||
Open Trade Equity [Member] | Frontier Trading Company XXIII, LLC | Metal | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (4,280) | (66,888) | 20,878 | ||
Open Trade Equity [Member] | Frontier Trading Company XXIII, LLC | Currencies | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (118,177) | (39,897) | (278,910) | ||
Open Trade Equity [Member] | Frontier Trading Company XXIII, LLC | Energies | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 61,323 | (38,274) | 2,817 | ||
Open Trade Equity [Member] | Frontier Trading Company XXIII, LLC | Agriculture | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | |||||
Open Trade Equity [Member] | Frontier Trading Company XXIII, LLC | Interest Rates | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 80,695 | (705,395) | 1,653,065 | ||
Open Trade Equity [Member] | Frontier Trading Company XXIII, LLC | Stock Indices | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 8,145 | (70,857) | (572,090) | ||
Open Trade Equity [Member] | Frontier Trading Company XXIX, LLC | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (4,750) | 284,591 | (279,840) | ||
Open Trade Equity [Member] | Frontier Trading Company XXIX, LLC | Metal | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 10,744 | 30,664 | (41,409) | ||
Open Trade Equity [Member] | Frontier Trading Company XXIX, LLC | Currencies | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (38,876) | 28,909 | 9,969 | ||
Open Trade Equity [Member] | Frontier Trading Company XXIX, LLC | Energies | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (10,686) | 332,868 | (322,182) | ||
Open Trade Equity [Member] | Frontier Trading Company XXIX, LLC | Agriculture | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 40,435 | (22,429) | (18,006) | ||
Open Trade Equity [Member] | Frontier Trading Company XXIX, LLC | Interest Rates | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 5,426 | (66,993) | 61,567 | ||
Open Trade Equity [Member] | Frontier Trading Company XXIX, LLC | Stock Indices | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (11,793) | (18,428) | 30,221 | ||
Open Trade Equity [Member] | Frontier Trading Company XXXVIII, LLC | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (79,619) | (1,064,164) | (2,151,473) | ||
Open Trade Equity [Member] | Frontier Trading Company XXXVIII, LLC | Metal | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (62,455) | 5,425 | (53,485) | ||
Open Trade Equity [Member] | Frontier Trading Company XXXVIII, LLC | Currencies | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (270,069) | (466,640) | |||
Open Trade Equity [Member] | Frontier Trading Company XXXVIII, LLC | Energies | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 2,020 | (104,322) | 65,813 | ||
Open Trade Equity [Member] | Frontier Trading Company XXXVIII, LLC | Agriculture | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 146,494 | (195,062) | (111,612) | ||
Open Trade Equity [Member] | Frontier Trading Company XXXVIII, LLC | Interest Rates | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 52,293 | (15,968) | (1,228,893) | ||
Open Trade Equity [Member] | Frontier Trading Company XXXVIII, LLC | Stock Indices | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | $ 52,098 | $ (287,597) | (537,869) | ||
Open Trade Equity [Member] | Frontier Trading Company XXXIV, LLC | Currencies | |||||
Net Change in Open Trade Equity from Futures, Forwards and Options | $ (285,427) | ||||
[1] | In the Consolidated Statement of Operations under net realized gain/(loss) on futures, forwards and options | ||||
[2] | Amounts recorded in the Statements of Operations under Net realized gain (loss) on futures forwards and options. | ||||
[3] | In the Consolidated Statement of Operations under net change in open trade equity (deficit), at fair value. | ||||
[4] | Amounts recorded in the Statements of Operations under Net change in open trade equity (deficit). |
Derivative Instruments and He64
Derivative Instruments and Hedging Activities (Details 5) - USD ($) | Dec. 31, 2016 | Dec. 31, 2015 |
Open Trade Equity Deficit [Member] | ||
Gross Amounts of recognized Derivative Assets | $ 2,998,612 | $ 2,101,541 |
Gross Amounts offset in the Statement of Financial Condition | (852,405) | (6,450,411) |
Net Amounts Presented in the Statement of Financial Condition | 2,146,207 | (4,348,870) |
Options Purchased [Member] | ||
Gross Amounts of recognized Derivative Assets | 526,288 | |
Net Amounts Presented in the Statement of Financial Condition | 526,288 | |
Options Written [Member] | ||
Gross Amounts offset in the Statement of Financial Condition | (165,760) | |
Net Amounts Presented in the Statement of Financial Condition | (165,760) | |
Frontier Trading Company I LLC [Member] | Open Trade Equity Deficit [Member] | ||
Gross Amounts of recognized Derivative Assets | 515,659 | 795,813 |
Gross Amounts offset in the Statement of Financial Condition | (277,998) | (40,361) |
Net Amounts Presented in the Statement of Financial Condition | 237,661 | 755,452 |
Frontier Trading Company I LLC [Member] | Options Purchased [Member] | ||
Gross Amounts of recognized Derivative Assets | 371,758 | |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 371,758 | |
Frontier Trading Company I LLC [Member] | Options Written [Member] | ||
Gross Amounts of recognized Derivative Assets | ||
Gross Amounts offset in the Statement of Financial Condition | (165,760) | |
Net Amounts Presented in the Statement of Financial Condition | (165,760) | |
Frontier Trading Company II, LLC | Open Trade Equity Deficit [Member] | ||
Gross Amounts of recognized Derivative Assets | 2,393,850 | 768,117 |
Gross Amounts offset in the Statement of Financial Condition | (1,171,326) | (168,538) |
Net Amounts Presented in the Statement of Financial Condition | 1,222,524 | 599,579 |
Frontier Trading Company XV, LLC | Open Trade Equity Deficit [Member] | ||
Gross Amounts of recognized Derivative Assets | 834,176 | 495,021 |
Gross Amounts offset in the Statement of Financial Condition | (191,682) | (32,681) |
Net Amounts Presented in the Statement of Financial Condition | 642,494 | 462,340 |
Frontier Trading Company XXXIV, LLC | Swaps | ||
Gross Amounts of recognized Derivative Assets | 18,939,450 | 19,157,522 |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 18,939,450 | 19,157,522 |
Frontier Trading Company XXXV, LLC | Swaps | ||
Gross Amounts of recognized Derivative Assets | 8,637,847 | 8,685,850 |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 8,637,847 | 8,685,850 |
Frontier Trading Company XXXVII, LLC | Swaps | ||
Gross Amounts of recognized Derivative Assets | 4,220,468 | 4,332,427 |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 4,220,468 | 4,332,427 |
Frontier Trading Company XXXIX, LLC | Swaps | ||
Gross Amounts of recognized Derivative Assets | 8,391,414 | 7,960,269 |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | $ 8,391,414 | 7,960,269 |
Frontier Trading Company VII, LLC | Open Trade Equity Deficit [Member] | ||
Gross Amounts of recognized Derivative Assets | 11,386 | |
Gross Amounts offset in the Statement of Financial Condition | (6,493,885) | |
Net Amounts Presented in the Statement of Financial Condition | (6,482,499) | |
Frontier Trading Company VII, LLC | Options Purchased [Member] | ||
Gross Amounts of recognized Derivative Assets | 154,380 | |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 154,380 | |
Frontier Trading Company XIV, LLC | Open Trade Equity Deficit [Member] | ||
Gross Amounts of recognized Derivative Assets | 34,484 | |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 34,484 | |
Frontier Trading Company XXIII, LLC | Open Trade Equity Deficit [Member] | ||
Gross Amounts of recognized Derivative Assets | 7,381 | |
Gross Amounts offset in the Statement of Financial Condition | (35,087) | |
Net Amounts Presented in the Statement of Financial Condition | (27,706) | |
Frontier Trading Company XXIX, LLC | Open Trade Equity Deficit [Member] | ||
Gross Amounts of recognized Derivative Assets | 4,750 | |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 4,750 | |
Frontier Trading Company XXXVIII, LLC | Open Trade Equity Deficit [Member] | ||
Gross Amounts of recognized Derivative Assets | 304,878 | |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | $ 304,878 |
Derivative Instruments and He65
Derivative Instruments and Hedging Activities (Details 6) | Dec. 31, 2016USD ($)Contracts |
Galaxy Plus Aspect Master Fund | Long [Member] | Agriculture | |
Number of Contracts/Units | Contracts | 4 |
Notional Value | $ | $ 200,800 |
Galaxy Plus Aspect Master Fund | Long [Member] | Currencies | |
Number of Contracts/Units | Contracts | 14 |
Notional Value | $ | $ 1,005,500 |
Galaxy Plus Aspect Master Fund | Long [Member] | Energies | |
Number of Contracts/Units | Contracts | 8 |
Notional Value | $ | $ 409,568 |
Galaxy Plus Aspect Master Fund | Long [Member] | Stock Indices | |
Number of Contracts/Units | Contracts | 160 |
Notional Value | $ | $ 12,411,899 |
Galaxy Plus Aspect Master Fund | Long [Member] | Interest Rates | |
Number of Contracts/Units | Contracts | 25 |
Notional Value | $ | $ 3,549,392 |
Galaxy Plus Aspect Master Fund | Long [Member] | Metal | |
Number of Contracts/Units | Contracts | 10 |
Notional Value | $ | $ 732,057 |
Galaxy Plus Aspect Master Fund | Short [Member] | Agriculture | |
Number of Contracts/Units | Contracts | 37 |
Notional Value | $ | $ (833,523) |
Galaxy Plus Aspect Master Fund | Short [Member] | Currencies | |
Number of Contracts/Units | Contracts | 96 |
Notional Value | $ | $ (10,153,788) |
Galaxy Plus Aspect Master Fund | Short [Member] | Stock Indices | |
Number of Contracts/Units | Contracts | 8 |
Notional Value | $ | $ (259,054) |
Galaxy Plus Aspect Master Fund | Short [Member] | Interest Rates | |
Number of Contracts/Units | Contracts | 337 |
Notional Value | $ | $ (98,099,644) |
Galaxy Plus Aspect Master Fund | Short [Member] | Metal | |
Number of Contracts/Units | Contracts | 10 |
Notional Value | $ | $ (1,046,944) |
Galaxy Plus Chesapeake Master Fund | Long [Member] | Agriculture | |
Number of Contracts/Units | Contracts | 176 |
Notional Value | $ | $ 4,295,326 |
Galaxy Plus Chesapeake Master Fund | Long [Member] | Currencies | |
Number of Contracts/Units | Contracts | 169 |
Notional Value | $ | $ 13,042,755 |
Galaxy Plus Chesapeake Master Fund | Long [Member] | Energies | |
Number of Contracts/Units | Contracts | 7 |
Notional Value | $ | $ 388,247 |
Galaxy Plus Chesapeake Master Fund | Long [Member] | Stock Indices | |
Number of Contracts/Units | Contracts | 2,085 |
Notional Value | $ | $ 16,290,529 |
Galaxy Plus Chesapeake Master Fund | Long [Member] | Interest Rates | |
Number of Contracts/Units | Contracts | 2 |
Notional Value | $ | $ 310,850 |
Galaxy Plus Chesapeake Master Fund | Long [Member] | Metal | |
Number of Contracts/Units | Contracts | 60 |
Notional Value | $ | $ 4,041,915 |
Galaxy Plus Chesapeake Master Fund | Short [Member] | Agriculture | |
Number of Contracts/Units | Contracts | 237 |
Notional Value | $ | $ (4,580,359) |
Galaxy Plus Chesapeake Master Fund | Short [Member] | Currencies | |
Number of Contracts/Units | Contracts | 188 |
Notional Value | $ | $ (19,846,112) |
Galaxy Plus Chesapeake Master Fund | Short [Member] | Stock Indices | |
Number of Contracts/Units | Contracts | 123 |
Notional Value | $ | $ (839,216) |
Galaxy Plus Chesapeake Master Fund | Short [Member] | Interest Rates | |
Number of Contracts/Units | Contracts | 460 |
Notional Value | $ | $ (80,443,020) |
Galaxy Plus Chesapeake Master Fund | Short [Member] | Metal | |
Number of Contracts/Units | Contracts | 12 |
Notional Value | $ | $ (970,948) |
Galaxy Plus Doherty Master Fund | Long [Member] | Stock Indices | |
Number of Contracts/Units | Contracts | 6 |
Notional Value | $ | $ 670,875 |
Galaxy Plus EVE Master Fund | Long [Member] | Agriculture | |
Number of Contracts/Units | Contracts | 774 |
Notional Value | $ | $ 25,631,910 |
Galaxy Plus EVE Master Fund | Long [Member] | Energies | |
Number of Contracts/Units | Contracts | 1,553 |
Notional Value | $ | $ 78,201,502 |
Galaxy Plus EVE Master Fund | Long [Member] | Interest Rates | |
Number of Contracts/Units | Contracts | 232 |
Notional Value | $ | $ 56,840,000 |
Galaxy Plus EVE Master Fund | Long [Member] | Metal | |
Number of Contracts/Units | Contracts | 144 |
Notional Value | $ | $ 7,802,070 |
Galaxy Plus EVE Master Fund | Short [Member] | Agriculture | |
Number of Contracts/Units | Contracts | 774 |
Notional Value | $ | $ (27,345,460) |
Galaxy Plus EVE Master Fund | Short [Member] | Energies | |
Number of Contracts/Units | Contracts | 1,859 |
Notional Value | $ | $ (99,919,567) |
Galaxy Plus EVE Master Fund | Short [Member] | Interest Rates | |
Number of Contracts/Units | Contracts | 232 |
Notional Value | $ | $ (57,118,400) |
Galaxy Plus EVE Master Fund | Short [Member] | Metal | |
Number of Contracts/Units | Contracts | 72 |
Notional Value | $ | $ (4,532,400) |
Galaxy Plus Master Fort | Long [Member] | Currencies | |
Number of Contracts/Units | Contracts | 154 |
Notional Value | $ | $ 8,936,045 |
Galaxy Plus Master Fort | Long [Member] | Energies | |
Number of Contracts/Units | Contracts | 19 |
Notional Value | $ | $ 991,065 |
Galaxy Plus Master Fort | Long [Member] | Stock Indices | |
Number of Contracts/Units | Contracts | 209 |
Notional Value | $ | $ 16,572,988 |
Galaxy Plus Master Fort | Long [Member] | Interest Rates | |
Number of Contracts/Units | Contracts | 1,799 |
Notional Value | $ | $ 389,310,282 |
Galaxy Plus Master Fort | Long [Member] | Metal | |
Number of Contracts/Units | Contracts | 8 |
Notional Value | $ | $ 518,408 |
Galaxy Plus Master Fort | Short [Member] | Currencies | |
Number of Contracts/Units | Contracts | 187 |
Notional Value | $ | $ (18,503,140) |
Galaxy Plus Master Fort | Short [Member] | Energies | |
Number of Contracts/Units | Contracts | 9 |
Notional Value | $ | $ (599,766) |
Galaxy Plus Master Fort | Short [Member] | Interest Rates | |
Number of Contracts/Units | Contracts | 87 |
Notional Value | $ | $ (14,575,999) |
Galaxy Plus LRR Master Fund | Long [Member] | Agriculture | |
Number of Contracts/Units | Contracts | 281 |
Notional Value | $ | $ 9,678,311 |
Galaxy Plus LRR Master Fund | Long [Member] | Currencies | |
Number of Contracts/Units | Contracts | 94 |
Notional Value | $ | $ 6,308,096 |
Galaxy Plus LRR Master Fund | Long [Member] | Energies | |
Number of Contracts/Units | Contracts | 18 |
Notional Value | $ | $ 650,880 |
Galaxy Plus LRR Master Fund | Long [Member] | Metal | |
Number of Contracts/Units | Contracts | 47 |
Notional Value | $ | $ 3,703,237 |
Galaxy Plus LRR Master Fund | Short [Member] | Agriculture | |
Number of Contracts/Units | Contracts | 42 |
Notional Value | $ | $ (1,091,702) |
Galaxy Plus LRR Master Fund | Short [Member] | Currencies | |
Number of Contracts/Units | Contracts | 71 |
Notional Value | $ | $ (8,840,750) |
Galaxy Plus LRR Master Fund | Short [Member] | Stock Indices | |
Number of Contracts/Units | Contracts | 11 |
Notional Value | $ | $ (1,728,705) |
Galaxy Plus LRR Master Fund | Short [Member] | Interest Rates | |
Number of Contracts/Units | Contracts | 59 |
Notional Value | $ | $ (8,841,826) |
Galaxy Plus QIM Master Fund | Long [Member] | Energies | |
Number of Contracts/Units | Contracts | 107 |
Notional Value | $ | $ 5,750,480 |
Galaxy Plus QIM Master Fund | Long [Member] | Stock Indices | |
Number of Contracts/Units | Contracts | 1,199 |
Notional Value | $ | $ 83,220,998 |
Galaxy Plus QIM Master Fund | Long [Member] | Interest Rates | |
Number of Contracts/Units | Contracts | 507 |
Notional Value | $ | $ 89,166,742 |
Galaxy Plus QIM Master Fund | Long [Member] | Metal | |
Number of Contracts/Units | Contracts | 56 |
Notional Value | $ | $ 4,835,880 |
Galaxy Plus QIM Master Fund | Short [Member] | Currencies | |
Number of Contracts/Units | Contracts | 77 |
Notional Value | $ | $ (9,585,868) |
Galaxy Plus QIM Master Fund | Short [Member] | Stock Indices | |
Number of Contracts/Units | Contracts | 19 |
Notional Value | $ | $ (2,248,308) |
Galaxy Plus QIM Master Fund | Short [Member] | Interest Rates | |
Number of Contracts/Units | Contracts | 379 |
Notional Value | $ | $ (51,788,857) |
Galaxy Plus Quest Master Fund | Long [Member] | Agriculture | |
Number of Contracts/Units | Contracts | 18 |
Notional Value | $ | $ 732,117 |
Galaxy Plus Quest Master Fund | Long [Member] | Currencies | |
Number of Contracts/Units | Contracts | 13 |
Notional Value | $ | $ 1,714,199 |
Galaxy Plus Quest Master Fund | Long [Member] | Energies | |
Number of Contracts/Units | Contracts | 56 |
Notional Value | $ | $ 2,904,642 |
Galaxy Plus Quest Master Fund | Long [Member] | Stock Indices | |
Number of Contracts/Units | Contracts | 131 |
Notional Value | $ | $ 9,848,493 |
Galaxy Plus Quest Master Fund | Long [Member] | Interest Rates | |
Number of Contracts/Units | Contracts | 49 |
Notional Value | $ | $ 7,485,508 |
Galaxy Plus Quest Master Fund | Long [Member] | Metal | |
Number of Contracts/Units | Contracts | 7 |
Notional Value | $ | $ 444,150 |
Galaxy Plus Quest Master Fund | Short [Member] | Agriculture | |
Number of Contracts/Units | Contracts | 46 |
Notional Value | $ | $ (1,067,729) |
Galaxy Plus Quest Master Fund | Short [Member] | Currencies | |
Number of Contracts/Units | Contracts | 125 |
Notional Value | $ | $ (10,354,445) |
Galaxy Plus Quest Master Fund | Short [Member] | Stock Indices | |
Number of Contracts/Units | Contracts | 6 |
Notional Value | $ | $ (444,351) |
Galaxy Plus Quest Master Fund | Short [Member] | Interest Rates | |
Number of Contracts/Units | Contracts | 391 |
Notional Value | $ | $ (101,275,507) |
Galaxy Plus Quest Master Fund | Short [Member] | Metal | |
Number of Contracts/Units | Contracts | 10 |
Notional Value | $ | $ (940,915) |
Galaxy Plus Quest Fit Master Fund | Long [Member] | Agriculture | |
Number of Contracts/Units | Contracts | 36 |
Notional Value | $ | $ 1,220,205 |
Galaxy Plus Quest Fit Master Fund | Long [Member] | Currencies | |
Number of Contracts/Units | Contracts | 14 |
Notional Value | $ | $ 1,845,422 |
Galaxy Plus Quest Fit Master Fund | Long [Member] | Energies | |
Number of Contracts/Units | Contracts | 54 |
Notional Value | $ | $ 3,121,817 |
Galaxy Plus Quest Fit Master Fund | Long [Member] | Stock Indices | |
Number of Contracts/Units | Contracts | 201 |
Notional Value | $ | $ 12,952,702 |
Galaxy Plus Quest Fit Master Fund | Long [Member] | Metal | |
Number of Contracts/Units | Contracts | 11 |
Notional Value | $ | $ 694,700 |
Galaxy Plus Quest Fit Master Fund | Short [Member] | Agriculture | |
Number of Contracts/Units | Contracts | 21 |
Notional Value | $ | $ (655,515) |
Galaxy Plus Quest Fit Master Fund | Short [Member] | Currencies | |
Number of Contracts/Units | Contracts | 170 |
Notional Value | $ | $ (14,304,117) |
Galaxy Plus Quest Fit Master Fund | Short [Member] | Interest Rates | |
Number of Contracts/Units | Contracts | 722 |
Notional Value | $ | $ (173,451,824) |
Galaxy Plus Quest Fit Master Fund | Short [Member] | Metal | |
Number of Contracts/Units | Contracts | 14 |
Notional Value | $ | $ (1,296,485) |
Derivative Instruments and He66
Derivative Instruments and Hedging Activities (Details 7) | Dec. 31, 2016USD ($) | |
Galaxy Plus Aspect Master Fund | ||
Futures Contracts | $ (371,199) | [1] |
Trading costs | (1,473) | |
Total net trading gain (loss) | (372,672) | |
Galaxy Plus Aspect Master Fund | Future Contract [Member] | Agriculture | ||
Futures Contracts | (29,808) | [1] |
Galaxy Plus Aspect Master Fund | Future Contract [Member] | Currencies | ||
Futures Contracts | (159,301) | [1] |
Galaxy Plus Aspect Master Fund | Future Contract [Member] | Energies | ||
Futures Contracts | 14,792 | [1] |
Galaxy Plus Aspect Master Fund | Future Contract [Member] | Stock Indices | ||
Futures Contracts | (34,488) | [1] |
Galaxy Plus Aspect Master Fund | Future Contract [Member] | Interest Rates | ||
Futures Contracts | (113,719) | [1] |
Galaxy Plus Aspect Master Fund | Future Contract [Member] | Metal | ||
Futures Contracts | (48,675) | [1] |
Galaxy Plus Chesapeake Master Fund | ||
Futures Contracts | 15,101 | [2] |
Trading costs | (35,339) | |
Total net trading gain (loss) | (20,238) | |
Galaxy Plus Chesapeake Master Fund | Future Contract [Member] | Agriculture | ||
Futures Contracts | (22,570) | [2] |
Galaxy Plus Chesapeake Master Fund | Future Contract [Member] | Currencies | ||
Futures Contracts | 558,170 | [2] |
Galaxy Plus Chesapeake Master Fund | Future Contract [Member] | Energies | ||
Futures Contracts | (53,624) | [2] |
Galaxy Plus Chesapeake Master Fund | Future Contract [Member] | Stock Indices | ||
Futures Contracts | 196,686 | [2] |
Galaxy Plus Chesapeake Master Fund | Future Contract [Member] | Interest Rates | ||
Futures Contracts | (421,152) | [2] |
Galaxy Plus Chesapeake Master Fund | Future Contract [Member] | Metal | ||
Futures Contracts | (242,409) | [2] |
Galaxy Plus Doherty Master Fund | ||
Futures Contracts | 387,629 | [3] |
Trading costs | (19,335) | |
Total net trading gain (loss) | 289,629 | |
Galaxy Plus Doherty Master Fund | Stock Indices | Options Written [Member] | ||
Futures Contracts | (78,665) | [3] |
Galaxy Plus Doherty Master Fund | Future Contract [Member] | Stock Indices | ||
Futures Contracts | 387,629 | [3] |
Galaxy Plus EVE Master Fund | ||
Futures Contracts | 3,129,678 | [4] |
Trading costs | (354,496) | |
Total net trading gain (loss) | 2,684,732 | |
Galaxy Plus EVE Master Fund | Energies | Options Written [Member] | ||
Futures Contracts | (90,450) | [4] |
Galaxy Plus EVE Master Fund | Future Contract [Member] | Agriculture | ||
Futures Contracts | 412,690 | [4] |
Galaxy Plus EVE Master Fund | Future Contract [Member] | Energies | ||
Futures Contracts | 1,485,335 | [4] |
Galaxy Plus EVE Master Fund | Future Contract [Member] | Interest Rates | ||
Futures Contracts | 109,881 | [4] |
Galaxy Plus EVE Master Fund | Future Contract [Member] | Metal | ||
Futures Contracts | 1,121,772 | [4] |
Galaxy Plus Master Fort | ||
Futures Contracts | (916,316) | [5] |
Trading costs | (89,571) | |
Total net trading gain (loss) | (1,005,887) | |
Galaxy Plus Master Fort | Future Contract [Member] | Currencies | ||
Futures Contracts | 627,772 | [5] |
Galaxy Plus Master Fort | Future Contract [Member] | Energies | ||
Futures Contracts | (495,058) | [5] |
Galaxy Plus Master Fort | Future Contract [Member] | Stock Indices | ||
Futures Contracts | 879,821 | [5] |
Galaxy Plus Master Fort | Future Contract [Member] | Interest Rates | ||
Futures Contracts | (1,926,191) | [5] |
Galaxy Plus Master Fort | Future Contract [Member] | Metal | ||
Futures Contracts | (2,660) | [5] |
Galaxy Plus LRR Master Fund | ||
Futures Contracts | 236,751 | [6] |
Trading costs | (37,240) | |
Total net trading gain (loss) | 670,806 | |
Galaxy Plus LRR Master Fund | Agriculture | Options Written [Member] | ||
Futures Contracts | 471,295 | [6] |
Galaxy Plus LRR Master Fund | Future Contract [Member] | Agriculture | ||
Futures Contracts | (91,333) | [6] |
Galaxy Plus LRR Master Fund | Future Contract [Member] | Currencies | ||
Futures Contracts | 238,953 | [6] |
Galaxy Plus LRR Master Fund | Future Contract [Member] | Energies | ||
Futures Contracts | (96,311) | [6] |
Galaxy Plus LRR Master Fund | Future Contract [Member] | Stock Indices | ||
Futures Contracts | (82,943) | [6] |
Galaxy Plus LRR Master Fund | Future Contract [Member] | Interest Rates | ||
Futures Contracts | 195,280 | [6] |
Galaxy Plus LRR Master Fund | Future Contract [Member] | Metal | ||
Futures Contracts | 73,105 | [6] |
Galaxy Plus QIM Master Fund | ||
Futures Contracts | 6,410,192 | [7] |
Trading costs | (90,118) | |
Total net trading gain (loss) | 6,320,074 | |
Galaxy Plus QIM Master Fund | Future Contract [Member] | Currencies | ||
Futures Contracts | (72,964) | [7] |
Galaxy Plus QIM Master Fund | Future Contract [Member] | Energies | ||
Futures Contracts | (599,938) | [7] |
Galaxy Plus QIM Master Fund | Future Contract [Member] | Stock Indices | ||
Futures Contracts | 6,853,123 | [7] |
Galaxy Plus QIM Master Fund | Future Contract [Member] | Interest Rates | ||
Futures Contracts | 286,872 | [7] |
Galaxy Plus QIM Master Fund | Future Contract [Member] | Metal | ||
Futures Contracts | (56,901) | [7] |
Galaxy Plus Quest Master Fund | ||
Futures Contracts | (1,498,236) | [8] |
Trading costs | (42,555) | |
Total net trading gain (loss) | (1,540,791) | |
Galaxy Plus Quest Master Fund | Future Contract [Member] | Agriculture | ||
Futures Contracts | (70,719) | [8] |
Galaxy Plus Quest Master Fund | Future Contract [Member] | Currencies | ||
Futures Contracts | (564,186) | [8] |
Galaxy Plus Quest Master Fund | Future Contract [Member] | Energies | ||
Futures Contracts | (656,150) | [8] |
Galaxy Plus Quest Master Fund | Future Contract [Member] | Stock Indices | ||
Futures Contracts | 366,302 | [8] |
Galaxy Plus Quest Master Fund | Future Contract [Member] | Interest Rates | ||
Futures Contracts | (671,396) | [8] |
Galaxy Plus Quest Master Fund | Future Contract [Member] | Metal | ||
Futures Contracts | 97,913 | [8] |
Galaxy Plus Quest Fit Master Fund | ||
Futures Contracts | 2,479,869 | [9] |
Trading costs | (24,964) | |
Total net trading gain (loss) | 2,454,905 | |
Galaxy Plus Quest Fit Master Fund | Future Contract [Member] | Agriculture | ||
Futures Contracts | (139,027) | [9] |
Galaxy Plus Quest Fit Master Fund | Future Contract [Member] | Currencies | ||
Futures Contracts | 730,385 | [9] |
Galaxy Plus Quest Fit Master Fund | Future Contract [Member] | Energies | ||
Futures Contracts | (54,259) | [9] |
Galaxy Plus Quest Fit Master Fund | Future Contract [Member] | Stock Indices | ||
Futures Contracts | 495,186 | [9] |
Galaxy Plus Quest Fit Master Fund | Future Contract [Member] | Interest Rates | ||
Futures Contracts | 985,234 | [9] |
Galaxy Plus Quest Fit Master Fund | Future Contract [Member] | Metal | ||
Futures Contracts | 462,350 | [9] |
Galaxy Plus Quantmetrics Master Fund | ||
Futures Contracts | (85,645) | [10] |
Trading costs | (174,832) | |
Total net trading gain (loss) | (260,477) | |
Galaxy Plus Quantmetrics Master Fund | Future Contract [Member] | Currencies | ||
Futures Contracts | (348,068) | [10] |
Galaxy Plus Quantmetrics Master Fund | Future Contract [Member] | Stock Indices | ||
Futures Contracts | 234,276 | [10] |
Galaxy Plus Quantmetrics Master Fund | Future Contract [Member] | Interest Rates | ||
Futures Contracts | $ 28,147 | [10] |
[1] | Includes both realized loss of ($86,638) and unrealized loss of ($286,034) 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 $405,614 and unrealized loss 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 $212,853 and unrealized gain of $76,776 and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. | |
[4] | Includes both realized gain of $3,934,142 and unrealized loss of ($1,249,410) 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 loss of ($827,897) and unrealized loss of ($177,990) 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 gain of $72,602 and unrealized gain of $598,204 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 $5,988,931 and unrealized gain of $331,143 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 both realized loss of ($1,750,466) and unrealized gain of $209,675 and is located in net realized and unrealized gain (loss) on investments on the statement of operations. Amounts exclude foreign currency transactions and translation. | |
[9] | Includes both realized gain of $2,320,422 and unrealized gain of $134,483 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 realized loss of ($260,477) and is located in net realized gain (loss) on investments the statement of operations. Amounts exclude foreign currency transactions and translation. |
Trading Activities and Relate67
Trading Activities and Related Risks (Details Narrative) | 12 Months Ended |
Dec. 31, 2016 | |
Series Of Frontier Fund [Member] | |
Trading Activity, Gains and Losses, Net [Line Items] | |
Percentage of loss realize by the holder of Units in Series | 100.00% |
Trading advisor's margin-to-equity ratio percentage | 35.00% |
Equinox Frontier Funds [Member] | |
Trading Activity, Gains and Losses, Net [Line Items] | |
Percentage of loss realize by the holder of Units in Series | 100.00% |
Trading advisor's margin-to-equity ratio percentage | 35.00% |
Classes of Interest and Series
Classes of Interest and Series (Details) - Galaxy Plus Fund LLC | 12 Months Ended |
Dec. 31, 2016USD ($) | |
Galaxy Plus Fund LLC - 510 Series | Class A [Member] | |
Subscriptions | $ 2,907,875 |
Redemptions | (6,755,636) |
Transfers In | |
Transfers out | |
Total | (3,847,761) |
Galaxy Plus Fund LLC - 510 Series | Class C [Member] | |
Subscriptions | 66,667 |
Redemptions | |
Transfers In | |
Transfers out | |
Total | 66,667 |
Galaxy Plus Fund LLC - 510 Series | Class EF [Member] | |
Subscriptions | 12,651,213 |
Redemptions | |
Transfers In | |
Transfers out | |
Total | 12,651,213 |
Galaxy Plus Fund LLC - 516 Series | Class EF [Member] | |
Subscriptions | 12,442,497 |
Redemptions | (2,791,667) |
Transfers In | |
Transfers out | |
Total | 9,650,830 |
Galaxy Plus Fund LLC - 517 Series | Class EF [Member] | |
Subscriptions | 5,500,601 |
Redemptions | |
Transfers In | |
Transfers out | |
Total | 5,500,601 |
Galaxy Plus Fund LLC - 518 Series | Class EF [Member] | |
Subscriptions | 11,819,208 |
Redemptions | |
Transfers In | |
Transfers out | |
Total | 11,819,208 |
Galaxy Plus Fund LLC - 522 Series | Class EF [Member] | |
Subscriptions | 7,668,664 |
Redemptions | (409,667) |
Transfers In | |
Transfers out | |
Total | 7,258,997 |
Galaxy Plus Fund LLC - 526 Series | Class C [Member] | |
Subscriptions | 166,667 |
Redemptions | |
Transfers In | |
Transfers out | |
Total | 166,667 |
Galaxy Plus Fund LLC - 526 Series | Class EF [Member] | |
Subscriptions | 18,041,130 |
Redemptions | (2,265,861) |
Transfers In | |
Transfers out | |
Total | 15,775,269 |
Galaxy PlusFund LLC - 527 Series | Class EF [Member] | |
Subscriptions | 19,729,842 |
Redemptions | |
Transfers In | |
Transfers out | |
Total | 19,729,842 |
Galaxy Plus Fund LLC - 528 Series | Class EF [Member] | |
Subscriptions | 6,336,585 |
Redemptions | |
Transfers In | |
Transfers out | |
Total | 6,336,585 |
Galaxy PlusFund LLC -532 Series | Class EF [Member] | |
Subscriptions | 5,000,000 |
Redemptions | |
Transfers In | |
Transfers out | |
Total | 5,000,000 |
Galaxy PlusFund LLC -535 Series | Class EF [Member] | |
Subscriptions | 8,800,000 |
Redemptions | |
Transfers In | |
Transfers out | |
Total | $ 8,800,000 |
Management, Incentive, Sponso69
Management, Incentive, Sponsor and Other Fees (Details) - USD ($) | 12 Months Ended | ||
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Management Fee | $ 3,235,153 | $ 5,028,224 | $ 5,857,792 |
Incentive Fee | 2,980,696 | $ 5,723,374 | $ 11,993,289 |
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 510 Series | |||
Management Fee | 183,564 | ||
Incentive Fee | 144,254 | ||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 510 Series | Class EF [Member] | Managing Owner [Member] | |||
Management Fee | 15,007 | ||
Incentive Fee | 26,226 | ||
Accrued Management Fee | 2,552 | ||
Accrued Incentive Fee | |||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 516 Series | |||
Management Fee | 313,384 | ||
Incentive Fee | 411,343 | ||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 516 Series | Class EF [Member] | Managing Owner [Member] | |||
Management Fee | 89,157 | ||
Incentive Fee | 385,717 | ||
Accrued Management Fee | 9,444 | ||
Accrued Incentive Fee | 99,665 | ||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 517 Series | |||
Management Fee | 62,579 | ||
Incentive Fee | |||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 517 Series | Class EF [Member] | Managing Owner [Member] | |||
Management Fee | 62,579 | ||
Incentive Fee | |||
Accrued Management Fee | 8,474 | ||
Accrued Incentive Fee | |||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 518 Series | |||
Management Fee | 206,132 | ||
Incentive Fee | 92,986 | ||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 518 Series | Class EF [Member] | Managing Owner [Member] | |||
Management Fee | 175,171 | ||
Incentive Fee | 87,723 | ||
Accrued Management Fee | 23,810 | ||
Accrued Incentive Fee | |||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 522 Series | |||
Management Fee | 246,656 | ||
Incentive Fee | 93,653 | ||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 522 Series | Class EF [Member] | Managing Owner [Member] | |||
Management Fee | 81,489 | ||
Incentive Fee | 11,527 | ||
Accrued Management Fee | 10,694 | ||
Accrued Incentive Fee | 11,527 | ||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 526 Series | |||
Management Fee | 192,167 | ||
Incentive Fee | 1,533,714 | ||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 526 Series | Class EF [Member] | Managing Owner [Member] | |||
Management Fee | 111,745 | ||
Incentive Fee | 92,180 | ||
Accrued Management Fee | 19,890 | ||
Accrued Incentive Fee | 45,933 | ||
Galaxy Plus Fund LLC | Galaxy PlusFund LLC - 527 Series | |||
Management Fee | 161,651 | ||
Incentive Fee | |||
Galaxy Plus Fund LLC | Galaxy PlusFund LLC - 527 Series | Class EF [Member] | Managing Owner [Member] | |||
Management Fee | 29,573 | ||
Incentive Fee | |||
Accrued Management Fee | 4,530 | ||
Accrued Incentive Fee | |||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 528 Series | |||
Management Fee | 34,794 | ||
Incentive Fee | 52,658 | ||
Galaxy Plus Fund LLC | Galaxy Plus Fund LLC - 528 Series | Class EF [Member] | Managing Owner [Member] | |||
Management Fee | 23,082 | ||
Incentive Fee | 7,493 | ||
Accrued Management Fee | 4,348 | ||
Accrued Incentive Fee | 5,771 | ||
Galaxy Plus Fund LLC | Galaxy PlusFund LLC -532 Series | |||
Management Fee | 5,148 | ||
Incentive Fee | |||
Galaxy Plus Fund LLC | Galaxy PlusFund LLC -532 Series | Class EF [Member] | Managing Owner [Member] | |||
Management Fee | 858 | ||
Incentive Fee | |||
Accrued Management Fee | 858 | ||
Accrued Incentive Fee | |||
Galaxy Plus Fund LLC | Galaxy PlusFund LLC -535 Series | |||
Management Fee | 31,484 | ||
Incentive Fee | |||
Galaxy Plus Fund LLC | Galaxy PlusFund LLC -535 Series | Class EF [Member] | Managing Owner [Member] | |||
Management Fee | |||
Incentive Fee | |||
Accrued Management Fee | |||
Accrued Incentive Fee |
Balance Sheet Offsetting (Detai
Balance Sheet Offsetting (Details) - USD ($) | Dec. 31, 2016 | Dec. 31, 2015 |
Options Purchased [Member] | ||
Gross Amounts of recognized Derivative Assets | $ 526,288 | |
Net Amounts Presented in the Statement of Financial Condition | 526,288 | |
Options Written [Member] | ||
Gross Amounts offset in the Statement of Financial Condition | (165,760) | |
Net Amounts Presented in the Statement of Financial Condition | $ (165,760) | |
Galaxy Plus Aspect Master Fund | ||
Net Amounts Presented in the Statement of Financial Condition | $ (286,034) | |
Cash Collateral | 2,301,058 | |
Net Amount not presented in Financial Statement | 2,015,024 | |
Galaxy Plus Aspect Master Fund | Futures and Forwards | ||
Gross Amounts of recognized Derivative Assets | (388,819) | |
Gross Amounts offset in the Statement of Financial Condition | 102,785 | |
Net Amounts Presented in the Statement of Financial Condition | (286,034) | |
Galaxy Plus Chesapeake Master Fund | ||
Net Amounts Presented in the Statement of Financial Condition | (425,852) | |
Cash Collateral | 5,814,400 | |
Net Amount not presented in Financial Statement | 5,388,548 | |
Galaxy Plus Chesapeake Master Fund | Futures and Forwards | ||
Gross Amounts of recognized Derivative Assets | (1,101,972) | |
Gross Amounts offset in the Statement of Financial Condition | 676,120 | |
Net Amounts Presented in the Statement of Financial Condition | (425,852) | |
Galaxy Plus Doherty Master Fund | ||
Net Amounts Presented in the Statement of Financial Condition | 15,898 | |
Cash Collateral | 496,013 | |
Net Amount not presented in Financial Statement | 511,911 | |
Galaxy Plus Doherty Master Fund | Options Purchased [Member] | ||
Gross Amounts of recognized Derivative Assets | 173,153 | |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 173,153 | |
Galaxy Plus Doherty Master Fund | Options Written [Member] | ||
Gross Amounts of recognized Derivative Assets | (150,655) | |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | (150,655) | |
Galaxy Plus Doherty Master Fund | Futures and Forwards | ||
Gross Amounts of recognized Derivative Assets | (6,600) | |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | (6,600) | |
Galaxy Plus EVE Master Fund | ||
Net Amounts Presented in the Statement of Financial Condition | (1,249,410) | |
Cash Collateral | 3,039,420 | |
Net Amount not presented in Financial Statement | 1,790,010 | |
Galaxy Plus EVE Master Fund | Futures and Forwards | ||
Gross Amounts of recognized Derivative Assets | (7,026,141) | |
Gross Amounts offset in the Statement of Financial Condition | 5,776,731 | |
Net Amounts Presented in the Statement of Financial Condition | (1,249,410) | |
Galaxy Plus Master Fort | ||
Net Amounts Presented in the Statement of Financial Condition | (178,326) | |
Cash Collateral | 3,263,570 | |
Net Amount not presented in Financial Statement | 3,085,244 | |
Galaxy Plus Master Fort | Futures and Forwards | ||
Gross Amounts of recognized Derivative Assets | (648,490) | |
Gross Amounts offset in the Statement of Financial Condition | 470,164 | |
Net Amounts Presented in the Statement of Financial Condition | (178,326) | |
Galaxy Plus LRR Master Fund | ||
Net Amounts Presented in the Statement of Financial Condition | 525,184 | |
Cash Collateral | 1,134,600 | |
Net Amount not presented in Financial Statement | 1,659,784 | |
Galaxy Plus LRR Master Fund | Options Purchased [Member] | ||
Gross Amounts of recognized Derivative Assets | 577,440 | |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 577,440 | |
Galaxy Plus LRR Master Fund | Options Written [Member] | ||
Gross Amounts of recognized Derivative Assets | (209,580) | |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | (209,580) | |
Galaxy Plus LRR Master Fund | Futures and Forwards | ||
Gross Amounts of recognized Derivative Assets | 496,797 | |
Gross Amounts offset in the Statement of Financial Condition | (339,473) | |
Net Amounts Presented in the Statement of Financial Condition | 157,324 | |
Galaxy Plus QIM Master Fund | ||
Net Amounts Presented in the Statement of Financial Condition | 331,143 | |
Cash Collateral | 14,705,935 | |
Net Amount not presented in Financial Statement | 15,037,078 | |
Galaxy Plus QIM Master Fund | Futures and Forwards | ||
Gross Amounts of recognized Derivative Assets | (586,661) | |
Gross Amounts offset in the Statement of Financial Condition | 917,804 | |
Net Amounts Presented in the Statement of Financial Condition | 331,143 | |
Galaxy Plus Quest Master Fund | ||
Net Amounts Presented in the Statement of Financial Condition | 209,675 | |
Cash Collateral | 2,477,718 | |
Net Amount not presented in Financial Statement | 2,687,393 | |
Galaxy Plus Quest Master Fund | Futures and Forwards | ||
Gross Amounts of recognized Derivative Assets | (178,462) | |
Gross Amounts offset in the Statement of Financial Condition | 388,137 | |
Net Amounts Presented in the Statement of Financial Condition | 209,675 | |
Galaxy Plus Quest Fit Master Fund | ||
Net Amounts Presented in the Statement of Financial Condition | 134,483 | |
Cash Collateral | 4,623,294 | |
Net Amount not presented in Financial Statement | 4,757,777 | |
Galaxy Plus Quest Fit Master Fund | Futures and Forwards | ||
Gross Amounts of recognized Derivative Assets | (337,613) | |
Gross Amounts offset in the Statement of Financial Condition | 472,096 | |
Net Amounts Presented in the Statement of Financial Condition | $ 134,483 |
Uncategorized Items - frfd-2016
Label | Element | Value |
Equinox Frontier Heritage Fund [Member] | ||
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | $ (1,079,229) |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | (1,017,408) |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | (4,235,128) |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | 43,000 |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | 35,716 |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | 271,191 |
Partners' Capital Account, Distributions | us-gaap_PartnersCapitalAccountDistributions | |
Partners' Capital Account, Distributions | us-gaap_PartnersCapitalAccountDistributions | |
Contributions | us-gaap_PartnersCapitalAccountContributions | |
Contributions | us-gaap_PartnersCapitalAccountContributions | |
Equinox Frontier Diversified Fund | ||
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | (19,555,894) |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | (10,643,408) |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | (25,023,064) |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | 12,533,210 |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | 10,236,543 |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | 7,283,926 |
Payment made by the Managing Owner | frfd_PartnersCapitalAccountContributionsOfManagingOwner | 144,349 |
Transfer of Units In(Out) | frfd_TransferOfUnitsInout | |
Equinox Frontier Long Short Commodity Fund [Member] | ||
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | (3,485,335) |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | (4,008,216) |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | (10,188,324) |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | 512,199 |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | 314,062 |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | 622,461 |
Partners' Capital Account, Distributions | us-gaap_PartnersCapitalAccountDistributions | |
Partners' Capital Account, Distributions | us-gaap_PartnersCapitalAccountDistributions | |
Payment made by the Managing Owner | frfd_PartnersCapitalAccountContributionsOfManagingOwner | 907,162 |
Transfer of Units In(Out) | frfd_TransferOfUnitsInout | |
Contributions | us-gaap_PartnersCapitalAccountContributions | |
Contributions | us-gaap_PartnersCapitalAccountContributions | |
Equinox Frontier Winton Fund [Member] | ||
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | (3,124,668) |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | (1,708,602) |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | (5,673,703) |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | 175,616 |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | 159,082 |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | 457,445 |
Partners' Capital Account, Distributions | us-gaap_PartnersCapitalAccountDistributions | |
Partners' Capital Account, Distributions | us-gaap_PartnersCapitalAccountDistributions | |
Contributions | us-gaap_PartnersCapitalAccountContributions | |
Contributions | us-gaap_PartnersCapitalAccountContributions | |
Equinox Frontier Select Fund [Member] | ||
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | (1,462,147) |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | (1,747,827) |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | (4,982,807) |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | 19,348 |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | 16,022 |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | 205,055 |
Partners' Capital Account, Distributions | us-gaap_PartnersCapitalAccountDistributions | |
Partners' Capital Account, Distributions | us-gaap_PartnersCapitalAccountDistributions | |
Contributions | us-gaap_PartnersCapitalAccountContributions | |
Contributions | us-gaap_PartnersCapitalAccountContributions | |
Equinox Frontier Masters Fund [Member] | ||
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | (8,504,261) |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | (6,433,816) |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | (19,174,894) |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | 6,086,949 |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | 282,688 |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | 5,659,806 |
Payment made by the Managing Owner | frfd_PartnersCapitalAccountContributionsOfManagingOwner | |
Payment made by the Managing Owner | frfd_PartnersCapitalAccountContributionsOfManagingOwner | |
Transfer of Units In(Out) | frfd_TransferOfUnitsInout | |
Equinox Frontier Balanced Fund [Member] | ||
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | (9,459,239) |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | (12,201,822) |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | (31,246,070) |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | 235,881 |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | 233,544 |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | 1,180,547 |
Partners' Capital Account, Distributions | us-gaap_PartnersCapitalAccountDistributions | |
Partners' Capital Account, Distributions | us-gaap_PartnersCapitalAccountDistributions | |
Payment made by the Managing Owner | frfd_PartnersCapitalAccountContributionsOfManagingOwner | 160,099 |
Transfer of Units In(Out) | frfd_TransferOfUnitsInout | |
Contributions | us-gaap_PartnersCapitalAccountContributions | |
Contributions | us-gaap_PartnersCapitalAccountContributions | |
Galaxy Plus Chesapeake Master Fund | ||
Net increase in member's equity resulting from capital transactions | frfd_NetIncreaseInMembersEquityResultingFromCapitalTransactions | 11,526,519 |
Proceeds from issuance of capital | us-gaap_ProceedsFromIssuanceOfCommonStock | 11,724,790 |
Net investment income | us-gaap_InvestmentIncomeNet | (6,758) |
Net unrealized gain/(loss) on investments | us-gaap_AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLoss | 409,456 |
Member's equity | us-gaap_MembersEquity | |
Member's equity | us-gaap_MembersEquity | 11,505,482 |
Payments for redemptions of capital | frfd_PaymentsForRedemptionsOfCapital | (292,688) |
Total increase | frfd_IncreaseInMembersEquity | 11,505,482 |
Net Increase (decrease) in Members' Equity Resulting From Operations | us-gaap_ProfitLoss | (21,037) |
Proceeds from in-kind contribution | frfd_ProceedsFromInkindContribution | 94,417 |
Net increase (decrease) in unrealized depreciation on investments | frfd_NetIncreaseDecreaseInUnrealizedDepreciation | (423,735) |
Galaxy Plus ADG Master Fund | ||
Net increase in member's equity resulting from capital transactions | frfd_NetIncreaseInMembersEquityResultingFromCapitalTransactions | 10,044,104 |
Proceeds from issuance of capital | us-gaap_ProceedsFromIssuanceOfCommonStock | 10,181,001 |
Net investment income | us-gaap_InvestmentIncomeNet | 11,762 |
Net unrealized gain/(loss) on investments | us-gaap_AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLoss | 543,464 |
Member's equity | us-gaap_MembersEquity | 10,587,489 |
Payments for redemptions of capital | frfd_PaymentsForRedemptionsOfCapital | (136,897) |
Total increase | frfd_IncreaseInMembersEquity | 10,587,489 |
Net Increase (decrease) in Members' Equity Resulting From Operations | us-gaap_ProfitLoss | 543,385 |
Net increase (decrease) in unrealized depreciation on investments | frfd_NetIncreaseDecreaseInUnrealizedDepreciation | (11,841) |
Galaxy Plus LRR Master Fund | ||
Net increase in member's equity resulting from capital transactions | frfd_NetIncreaseInMembersEquityResultingFromCapitalTransactions | 7,015,335 |
Proceeds from issuance of capital | us-gaap_ProceedsFromIssuanceOfCommonStock | 7,686,246 |
Net unrealized gain/(loss) on investments | us-gaap_AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLoss | 104,010 |
Member's equity | us-gaap_MembersEquity | |
Member's equity | us-gaap_MembersEquity | 7,717,549 |
Payments for redemptions of capital | frfd_PaymentsForRedemptionsOfCapital | (643,171) |
Total increase | frfd_IncreaseInMembersEquity | 7,717,549 |
Net Increase (decrease) in Members' Equity Resulting From Operations | us-gaap_ProfitLoss | 702,214 |
Proceeds from in-kind contribution | frfd_ProceedsFromInkindContribution | (27,740) |
Net increase (decrease) in unrealized depreciation on investments | frfd_NetIncreaseDecreaseInUnrealizedDepreciation | 598,204 |
Galaxy Plus Aspect Master Fund | ||
Net increase in member's equity resulting from capital transactions | frfd_NetIncreaseInMembersEquityResultingFromCapitalTransactions | 5,000,000 |
Proceeds from issuance of capital | us-gaap_ProceedsFromIssuanceOfCommonStock | 5,000,000 |
Net investment income | us-gaap_InvestmentIncomeNet | |
Net unrealized gain/(loss) on investments | us-gaap_AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLoss | (86,651) |
Member's equity | us-gaap_MembersEquity | |
Member's equity | us-gaap_MembersEquity | 4,627,141 |
Total increase | frfd_IncreaseInMembersEquity | 4,627,141 |
Net Increase (decrease) in Members' Equity Resulting From Operations | us-gaap_ProfitLoss | (372,859) |
Net increase (decrease) in unrealized depreciation on investments | frfd_NetIncreaseDecreaseInUnrealizedDepreciation | (286,208) |
Galaxy Plus Master Fort | ||
Net increase in member's equity resulting from capital transactions | frfd_NetIncreaseInMembersEquityResultingFromCapitalTransactions | 10,174,913 |
Proceeds from issuance of capital | us-gaap_ProceedsFromIssuanceOfCommonStock | 14,319,802 |
Net investment income | us-gaap_InvestmentIncomeNet | (21) |
Net unrealized gain/(loss) on investments | us-gaap_AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLoss | (840,031) |
Member's equity | us-gaap_MembersEquity | 2,296,283 |
Member's equity | us-gaap_MembersEquity | 11,452,916 |
Payments for redemptions of capital | frfd_PaymentsForRedemptionsOfCapital | (4,144,889) |
Total increase | frfd_IncreaseInMembersEquity | 9,156,633 |
Net Increase (decrease) in Members' Equity Resulting From Operations | us-gaap_ProfitLoss | (1,018,280) |
Net increase (decrease) in unrealized depreciation on investments | frfd_NetIncreaseDecreaseInUnrealizedDepreciation | (178,228) |
Galaxy Plus Quest Master Fund | ||
Net increase in member's equity resulting from capital transactions | frfd_NetIncreaseInMembersEquityResultingFromCapitalTransactions | 5,431,944 |
Proceeds from issuance of capital | us-gaap_ProceedsFromIssuanceOfCommonStock | 5,500,600 |
Net investment income | us-gaap_InvestmentIncomeNet | (4,008) |
Net unrealized gain/(loss) on investments | us-gaap_AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLoss | (1,753,745) |
Member's equity | us-gaap_MembersEquity | |
Member's equity | us-gaap_MembersEquity | 3,883,778 |
Payments for redemptions of capital | frfd_PaymentsForRedemptionsOfCapital | (68,656) |
Total increase | frfd_IncreaseInMembersEquity | 3,883,778 |
Net Increase (decrease) in Members' Equity Resulting From Operations | us-gaap_ProfitLoss | (1,548,166) |
Net increase (decrease) in unrealized depreciation on investments | frfd_NetIncreaseDecreaseInUnrealizedDepreciation | 209,587 |
Galaxy Plus EVE Master Fund | ||
Net increase in member's equity resulting from capital transactions | frfd_NetIncreaseInMembersEquityResultingFromCapitalTransactions | 8,970,144 |
Proceeds from issuance of capital | us-gaap_ProceedsFromIssuanceOfCommonStock | 12,442,498 |
Net unrealized gain/(loss) on investments | us-gaap_AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLoss | 3,933,951 |
Member's equity | us-gaap_MembersEquity | |
Member's equity | us-gaap_MembersEquity | 11,651,029 |
Payments for redemptions of capital | frfd_PaymentsForRedemptionsOfCapital | (3,472,354) |
Total increase | frfd_IncreaseInMembersEquity | 11,651,029 |
Net Increase (decrease) in Members' Equity Resulting From Operations | us-gaap_ProfitLoss | 2,680,885 |
Net increase (decrease) in unrealized depreciation on investments | frfd_NetIncreaseDecreaseInUnrealizedDepreciation | (1,253,066) |
Galaxy Plus Doherty Master Fund | ||
Net increase in member's equity resulting from capital transactions | frfd_NetIncreaseInMembersEquityResultingFromCapitalTransactions | 6,267,429 |
Proceeds from issuance of capital | us-gaap_ProceedsFromIssuanceOfCommonStock | 6,260,916 |
Net unrealized gain/(loss) on investments | us-gaap_AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLoss | 212,853 |
Member's equity | us-gaap_MembersEquity | |
Member's equity | us-gaap_MembersEquity | 6,557,058 |
Payments for redemptions of capital | frfd_PaymentsForRedemptionsOfCapital | (69,157) |
Total increase | frfd_IncreaseInMembersEquity | 6,557,058 |
Net Increase (decrease) in Members' Equity Resulting From Operations | us-gaap_ProfitLoss | 289,629 |
Proceeds from in-kind contribution | frfd_ProceedsFromInkindContribution | 75,670 |
Net increase (decrease) in unrealized depreciation on investments | frfd_NetIncreaseDecreaseInUnrealizedDepreciation | 76,776 |
Galaxy Plus Quest Fit Master Fund | ||
Net increase in member's equity resulting from capital transactions | frfd_NetIncreaseInMembersEquityResultingFromCapitalTransactions | 8,763,301 |
Proceeds from issuance of capital | us-gaap_ProceedsFromIssuanceOfCommonStock | 8,800,000 |
Net investment income | us-gaap_InvestmentIncomeNet | (2,085) |
Net unrealized gain/(loss) on investments | us-gaap_AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLoss | 2,303,603 |
Member's equity | us-gaap_MembersEquity | 11,198,960 |
Payments for redemptions of capital | frfd_PaymentsForRedemptionsOfCapital | (36,699) |
Total increase | frfd_IncreaseInMembersEquity | 11,198,960 |
Net Increase (decrease) in Members' Equity Resulting From Operations | us-gaap_ProfitLoss | 2,435,659 |
Net increase (decrease) in unrealized depreciation on investments | frfd_NetIncreaseDecreaseInUnrealizedDepreciation | 134,141 |
Galaxy Plus Quantmetrics Master Fund | ||
Net increase in member's equity resulting from capital transactions | frfd_NetIncreaseInMembersEquityResultingFromCapitalTransactions | 19,556,723 |
Proceeds from issuance of capital | us-gaap_ProceedsFromIssuanceOfCommonStock | 19,729,843 |
Net investment income | us-gaap_InvestmentIncomeNet | (2,843) |
Net unrealized gain/(loss) on investments | us-gaap_AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLoss | (293,244) |
Member's equity | us-gaap_MembersEquity | |
Member's equity | us-gaap_MembersEquity | 19,261,458 |
Payments for redemptions of capital | frfd_PaymentsForRedemptionsOfCapital | (173,120) |
Total increase | frfd_IncreaseInMembersEquity | 19,261,458 |
Net Increase (decrease) in Members' Equity Resulting From Operations | us-gaap_ProfitLoss | (295,265) |
Net increase (decrease) in unrealized depreciation on investments | frfd_NetIncreaseDecreaseInUnrealizedDepreciation | 822 |
Galaxy Plus QIM Master Fund | ||
Net increase in member's equity resulting from capital transactions | frfd_NetIncreaseInMembersEquityResultingFromCapitalTransactions | 15,133,790 |
Proceeds from issuance of capital | us-gaap_ProceedsFromIssuanceOfCommonStock | 18,192,995 |
Net investment income | us-gaap_InvestmentIncomeNet | (6,967) |
Net unrealized gain/(loss) on investments | us-gaap_AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLoss | 6,004,016 |
Member's equity | us-gaap_MembersEquity | 21,456,623 |
Payments for redemptions of capital | frfd_PaymentsForRedemptionsOfCapital | (3,059,205) |
Total increase | frfd_IncreaseInMembersEquity | 21,456,623 |
Net Increase (decrease) in Members' Equity Resulting From Operations | us-gaap_ProfitLoss | 6,322,833 |
Net increase (decrease) in unrealized depreciation on investments | frfd_NetIncreaseDecreaseInUnrealizedDepreciation | 325,784 |
Noncontrolling Interest [Member] | Equinox Frontier Heritage Fund [Member] | ||
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | us-gaap_NetIncomeLoss | |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | us-gaap_NetIncomeLoss | |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | us-gaap_NetIncomeLoss | |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | |
Partners' Capital Account, Distributions | us-gaap_PartnersCapitalAccountDistributions | |
Partners' Capital Account, Distributions | us-gaap_PartnersCapitalAccountDistributions | |
Less: Operations attributable to non-controlling interests | us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | 217,092 |
Less: Operations attributable to non-controlling interests | us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | 969,107 |
Less: Operations attributable to non-controlling interests | us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | 208,163 |
Contributions | us-gaap_PartnersCapitalAccountContributions | |
Contributions | us-gaap_PartnersCapitalAccountContributions | |
Change in control of ownership - Trading Companies | us-gaap_PartnersCapitalAccountExchangesAndConversions | (1,003,733) |
Change in control of ownership - Trading Companies | us-gaap_PartnersCapitalAccountExchangesAndConversions | 154,754 |
Change in control of ownership - Trading Companies | us-gaap_PartnersCapitalAccountExchangesAndConversions | 186,259 |
Total Capital | us-gaap_PartnersCapital | 3,147,279 |
Total Capital | us-gaap_PartnersCapital | 3,933,920 |
Total Capital | us-gaap_PartnersCapital | 2,415,637 |
Total Capital | us-gaap_PartnersCapital | 3,539,498 |
Noncontrolling Interest [Member] | Equinox Frontier Diversified Fund | ||
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | us-gaap_NetIncomeLoss | |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | us-gaap_NetIncomeLoss | |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | us-gaap_NetIncomeLoss | |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | |
Payment made by the Managing Owner | frfd_PartnersCapitalAccountContributionsOfManagingOwner | |
Transfer of Units In(Out) | frfd_TransferOfUnitsInout | |
Less: Operations attributable to non-controlling interests | us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | 6,816,250 |
Less: Operations attributable to non-controlling interests | us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | 4,476,587 |
Change in control of ownership - Trading Companies | us-gaap_PartnersCapitalAccountExchangesAndConversions | 5,601,517 |
Change in control of ownership - Trading Companies | us-gaap_PartnersCapitalAccountExchangesAndConversions | (16,894,354) |
Total Capital | us-gaap_PartnersCapital | |
Total Capital | us-gaap_PartnersCapital | |
Total Capital | us-gaap_PartnersCapital | |
Total Capital | us-gaap_PartnersCapital | 12,417,767 |
Noncontrolling Interest [Member] | Equinox Frontier Long Short Commodity Fund [Member] | ||
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | us-gaap_NetIncomeLoss | |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | us-gaap_NetIncomeLoss | |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | us-gaap_NetIncomeLoss | |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | |
Partners' Capital Account, Distributions | us-gaap_PartnersCapitalAccountDistributions | |
Partners' Capital Account, Distributions | us-gaap_PartnersCapitalAccountDistributions | |
Transfer of Units In(Out) | frfd_TransferOfUnitsInout | |
Less: Operations attributable to non-controlling interests | us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | 131,876 |
Less: Operations attributable to non-controlling interests | us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | (766,822) |
Less: Operations attributable to non-controlling interests | us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | |
Contributions | us-gaap_PartnersCapitalAccountContributions | |
Contributions | us-gaap_PartnersCapitalAccountContributions | |
Change in control of ownership - Trading Companies | us-gaap_PartnersCapitalAccountExchangesAndConversions | (131,876) |
Change in control of ownership - Trading Companies | us-gaap_PartnersCapitalAccountExchangesAndConversions | (2,462,220) |
Change in control of ownership - Trading Companies | us-gaap_PartnersCapitalAccountExchangesAndConversions | |
Total Capital | us-gaap_PartnersCapital | |
Total Capital | us-gaap_PartnersCapital | |
Total Capital | us-gaap_PartnersCapital | 3,229,042 |
Total Capital | us-gaap_PartnersCapital | |
Noncontrolling Interest [Member] | Equinox Frontier Winton Fund [Member] | ||
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | us-gaap_NetIncomeLoss | |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | us-gaap_NetIncomeLoss | |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | us-gaap_NetIncomeLoss | |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | |
Partners' Capital Account, Distributions | us-gaap_PartnersCapitalAccountDistributions | |
Partners' Capital Account, Distributions | us-gaap_PartnersCapitalAccountDistributions | |
Less: Operations attributable to non-controlling interests | us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | 464,175 |
Less: Operations attributable to non-controlling interests | us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | |
Less: Operations attributable to non-controlling interests | us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | 574,125 |
Contributions | us-gaap_PartnersCapitalAccountContributions | |
Contributions | us-gaap_PartnersCapitalAccountContributions | |
Change in control of ownership - Trading Companies | us-gaap_PartnersCapitalAccountExchangesAndConversions | 2,276,508 |
Change in control of ownership - Trading Companies | us-gaap_PartnersCapitalAccountExchangesAndConversions | |
Change in control of ownership - Trading Companies | us-gaap_PartnersCapitalAccountExchangesAndConversions | 5,793,526 |
Total Capital | us-gaap_PartnersCapital | 9,108,334 |
Total Capital | us-gaap_PartnersCapital | 6,367,651 |
Total Capital | us-gaap_PartnersCapital | |
Total Capital | us-gaap_PartnersCapital | |
Noncontrolling Interest [Member] | Equinox Frontier Select Fund [Member] | ||
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | us-gaap_NetIncomeLoss | |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | us-gaap_NetIncomeLoss | |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | us-gaap_NetIncomeLoss | |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | |
Partners' Capital Account, Distributions | us-gaap_PartnersCapitalAccountDistributions | |
Partners' Capital Account, Distributions | us-gaap_PartnersCapitalAccountDistributions | |
Less: Operations attributable to non-controlling interests | us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | 989,394 |
Less: Operations attributable to non-controlling interests | us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | |
Less: Operations attributable to non-controlling interests | us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | 34,600 |
Contributions | us-gaap_PartnersCapitalAccountContributions | |
Contributions | us-gaap_PartnersCapitalAccountContributions | |
Change in control of ownership - Trading Companies | us-gaap_PartnersCapitalAccountExchangesAndConversions | (3,698,113) |
Change in control of ownership - Trading Companies | us-gaap_PartnersCapitalAccountExchangesAndConversions | |
Change in control of ownership - Trading Companies | us-gaap_PartnersCapitalAccountExchangesAndConversions | 6,781,935 |
Total Capital | us-gaap_PartnersCapital | 4,107,816 |
Total Capital | us-gaap_PartnersCapital | 6,816,535 |
Total Capital | us-gaap_PartnersCapital | |
Total Capital | us-gaap_PartnersCapital | |
Noncontrolling Interest [Member] | Equinox Frontier Masters Fund [Member] | ||
Change in control of ownership - Private investment companies | frfd_ChangeInControlOfOwnershipPrivateInvestmentCompanies | |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | us-gaap_NetIncomeLoss | |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | us-gaap_NetIncomeLoss | |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | us-gaap_NetIncomeLoss | |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | |
Payment made by the Managing Owner | frfd_PartnersCapitalAccountContributionsOfManagingOwner | |
Payment made by the Managing Owner | frfd_PartnersCapitalAccountContributionsOfManagingOwner | |
Transfer of Units In(Out) | frfd_TransferOfUnitsInout | |
Less: Operations attributable to non-controlling interests | us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | |
Less: Operations attributable to non-controlling interests | us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | |
Less: Operations attributable to non-controlling interests | us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | |
Change in control of ownership - Trading Companies | us-gaap_PartnersCapitalAccountExchangesAndConversions | |
Change in control of ownership - Trading Companies | us-gaap_PartnersCapitalAccountExchangesAndConversions | |
Change in control of ownership - Trading Companies | us-gaap_PartnersCapitalAccountExchangesAndConversions | |
Total Capital | us-gaap_PartnersCapital | |
Total Capital | us-gaap_PartnersCapital | |
Total Capital | us-gaap_PartnersCapital | |
Total Capital | us-gaap_PartnersCapital | |
Noncontrolling Interest [Member] | Equinox Frontier Balanced Fund [Member] | ||
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | |
Redemption of Units | us-gaap_PartnersCapitalAccountRedemptions | |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | us-gaap_NetIncomeLoss | |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | us-gaap_NetIncomeLoss | |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | us-gaap_NetIncomeLoss | |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | |
Sale of Units | us-gaap_PartnersCapitalAccountSaleOfUnits | |
Partners' Capital Account, Distributions | us-gaap_PartnersCapitalAccountDistributions | |
Partners' Capital Account, Distributions | us-gaap_PartnersCapitalAccountDistributions | |
Payment made by the Managing Owner | frfd_PartnersCapitalAccountContributionsOfManagingOwner | |
Transfer of Units In(Out) | frfd_TransferOfUnitsInout | |
Less: Operations attributable to non-controlling interests | us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | 648,112 |
Less: Operations attributable to non-controlling interests | us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | 5,090,748 |
Less: Operations attributable to non-controlling interests | us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | 259,719 |
Contributions | us-gaap_PartnersCapitalAccountContributions | |
Contributions | us-gaap_PartnersCapitalAccountContributions | |
Change in control of ownership - Trading Companies | us-gaap_PartnersCapitalAccountExchangesAndConversions | (1,799,853) |
Change in control of ownership - Trading Companies | us-gaap_PartnersCapitalAccountExchangesAndConversions | (7,745,842) |
Change in control of ownership - Trading Companies | us-gaap_PartnersCapitalAccountExchangesAndConversions | (8,052,252) |
Total Capital | us-gaap_PartnersCapital | |
Total Capital | us-gaap_PartnersCapital | 1,151,741 |
Total Capital | us-gaap_PartnersCapital | 11,599,368 |
Total Capital | us-gaap_PartnersCapital | $ 8,944,274 |