Document and Entity Information
Document and Entity Information | 9 Months Ended |
Sep. 30, 2016shares | |
Document And Entity Information [Abstract] | |
Document Type | 10-Q |
Amendment Flag | false |
Document Period End Date | Sep. 30, 2016 |
Document Fiscal Year Focus | 2,016 |
Document Fiscal Period Focus | Q3 |
Trading Symbol | FRFD |
Entity Registrant Name | Equinox Frontier Funds |
Entity Central Index Key | 1,261,379 |
Current Fiscal Year End Date | --12-31 |
Entity Filer Category | Non-accelerated Filer |
Entity Common Stock, Shares Outstanding | 0 |
Statements of Financial Conditi
Statements of Financial Condition (Unaudited) - USD ($) | Sep. 30, 2016 | Dec. 31, 2015 |
ASSETS | ||
Cash and cash equivalents | $ 18,754,589 | $ 13,975,625 |
U.S. Treasury securities, at fair value | 47,381,524 | 117,478,438 |
Receivable from futures commission merchants | 127,735,241 | 72,731,570 |
Open trade equity, at fair value | 2,467,777 | |
Options purchased, at fair value | 262,365 | 526,288 |
Swap contracts, at fair value | 36,579,979 | 40,136,065 |
Prepaid service fees | 129,343 | 24,251 |
Interest receivable | 291,785 | 2,039,516 |
Receivable from related parties | 3,120 | |
Other assets | 237,058 | 17 |
Total Assets | 233,839,661 | 246,914,890 |
LIABILITIES | ||
Due to Broker | 2,254,497 | |
Open trade deficit, at fair value | 4,348,870 | |
Written options, at fair value | 99,845 | 165,760 |
Interest payable | 9,957 | |
Pending owner additions | 36,462 | |
Owner redemptions payable | 614,346 | 612,170 |
Incentive fees payable to Managing Owner | 1,124,950 | 382,136 |
Management fees payable to Managing Owner | 602,808 | 402,943 |
Interest payable to Managing Owner | 78,424 | 162,121 |
Trading fees payable to Managing Owner | 262,654 | 282,522 |
Service fees payable to Managing Owner | 292,064 | 273,856 |
Payables to related parties | 45,334 | 63,744 |
Other liabilities | 202,617 | 7 |
Total Liabilities | 5,587,496 | 6,730,591 |
Non-Controlling Interests | 1,735,471 | |
Total Capital | 228,252,165 | 240,184,299 |
Total Liabilities and Capital | 233,839,661 | 246,914,890 |
Managing Owner [Member] | ||
LIABILITIES | ||
Managing Owner Units | 2,920,542 | 5,798,155 |
Total Capital | 2,920,542 | 5,798,155 |
Limited Owners [Member] | ||
LIABILITIES | ||
Limited Owner Units | 223,596,152 | 234,386,144 |
Total Capital | 223,596,152 | 234,386,144 |
Equinox Frontier Diversified Fund [Member] | ||
ASSETS | ||
Cash and cash equivalents | 2,573,241 | 2,573,241 |
U.S. Treasury securities, at fair value | 6,019,126 | 27,604,916 |
Receivable from futures commission merchants | 16,737,952 | |
Open trade equity, at fair value | 532,803 | |
Swap contracts, at fair value | 7,234,984 | 8,685,849 |
Prepaid service fees | 16,160 | |
Investments in private investment companies, at fair value | 26,800,704 | |
Investments in unconsolidated trading companies, at fair value | 2,740,986 | 16,094,207 |
Interest receivable | 37,068 | 479,142 |
Receivable from related parties | ||
Other assets | 73,349 | |
Total Assets | 62,777,603 | 56,164,247 |
LIABILITIES | ||
Due to Broker | ||
Interest payable | ||
Pending owner additions | 1,524 | |
Owner redemptions payable | 80,324 | 9,030 |
Incentive fees payable to Managing Owner | 204,914 | |
Management fees payable to Managing Owner | 53,853 | 81,940 |
Interest payable to Managing Owner | 2,195 | 11,661 |
Trading fees payable to Managing Owner | 116,232 | 121,065 |
Service fees payable to Managing Owner | 14,613 | 17,020 |
Payables to related parties | 2,126 | |
Other liabilities | 69,726 | 1 |
Total Liabilities | 336,943 | 449,281 |
Total Owners' Capital | 55,628,846 | 55,714,966 |
Non-Controlling Interests | 6,811,814 | |
Total Capital | 62,440,660 | 55,714,966 |
Total Liabilities and Capital | 62,777,603 | $ 56,164,247 |
Equinox Frontier Diversified Fund [Member] | Class Two [Member] | ||
LIABILITIES | ||
Units Outstanding | 267,240 | |
Net Asset Value per Unit | $ 129.6 | |
Equinox Frontier Diversified Fund [Member] | Owner Class One [Member] | ||
ASSETS | ||
Prepaid service fees | $ 27,391 | $ 16,160 |
LIABILITIES | ||
Units Outstanding | 56,059 | 102,269 |
Net Asset Value per Unit | $ 115.79 | $ 115.52 |
Equinox Frontier Diversified Fund [Member] | Owner Class Two [Member] | ||
LIABILITIES | ||
Units Outstanding | 273,103 | |
Net Asset Value per Unit | $ 131.63 | |
Equinox Frontier Diversified Fund [Member] | Owner Class Three [Member] | ||
LIABILITIES | ||
Units Outstanding | 108,131 | 77,316 |
Net Asset Value per Unit | $ 121.98 | $ 119.87 |
Equinox Frontier Diversified Fund [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Incentive fees payable to Managing Owner | $ 204,914 | |
Management fees payable to Managing Owner | 53,853 | 81,940 |
Trading fees payable to Managing Owner | 116,232 | 121,065 |
Equinox Frontier Diversified Fund [Member] | Managing Owner [Member] | Class Two [Member] | ||
LIABILITIES | ||
Managing Owner Units | 651,451 | 2,616,258 |
Total Capital | $ 651,451 | $ 2,616,258 |
Units Outstanding | 20,188 | 20,188 |
Equinox Frontier Diversified Fund [Member] | Managing Owner [Member] | Class Three [Member] | ||
LIABILITIES | ||
Managing Owner Units | $ 33,544 | $ 32,964 |
Total Capital | $ 33,544 | $ 32,964 |
Units Outstanding | 275 | 275 |
Equinox Frontier Diversified Fund [Member] | Limited Owners [Member] | Class Two [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 35,296,599 | $ 32,016,842 |
Total Capital | $ 35,296,599 | $ 32,016,842 |
Units Outstanding | 252,915 | 247,052 |
Equinox Frontier Diversified Fund [Member] | Limited Owners [Member] | Class Three [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 13,155,999 | $ 9,234,668 |
Total Capital | $ 13,155,999 | $ 9,234,668 |
Units Outstanding | 107,856 | 77,041 |
Equinox Frontier Diversified Fund [Member] | Limited Owners [Member] | Class One [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 6,491,253 | $ 11,814,234 |
Total Capital | $ 6,491,253 | $ 11,814,234 |
Units Outstanding | 56,059 | 102,269 |
Equinox Frontier Masters Fund [Member] | ||
ASSETS | ||
Cash and cash equivalents | $ 2,409,353 | $ 2,409,353 |
U.S. Treasury securities, at fair value | 4,925,521 | 11,953,206 |
Receivable from futures commission merchants | ||
Open trade equity, at fair value | ||
Swap contracts, at fair value | ||
Investments in private investment companies, at fair value | 6,488,278 | |
Investments in unconsolidated trading companies, at fair value | 5,785,423 | 9,409,930 |
Interest receivable | 30,337 | 207,473 |
Receivable from related parties | 1,670 | |
Other assets | 6,740 | |
Total Assets | 19,645,652 | 23,001,628 |
LIABILITIES | ||
Due to Broker | ||
Interest payable | ||
Pending owner additions | 1,290 | |
Owner redemptions payable | 51,081 | 9,558 |
Incentive fees payable to Managing Owner | 93,431 | 42,251 |
Management fees payable to Managing Owner | 1,323 | 54,674 |
Interest payable to Managing Owner | 1,900 | 4,957 |
Trading fees payable to Managing Owner | 40,248 | 48,501 |
Service fees payable to Managing Owner | 10,044 | 12,098 |
Payables to related parties | ||
Other liabilities | 57,447 | |
Total Liabilities | 255,474 | 173,329 |
Total Owners' Capital | 19,390,178 | 22,828,299 |
Non-Controlling Interests | ||
Total Capital | 19,390,178 | 22,828,299 |
Total Liabilities and Capital | 19,645,652 | 23,001,628 |
Equinox Frontier Masters Fund [Member] | Owner Class One [Member] | ||
ASSETS | ||
Prepaid service fees | $ 7,355 | |
LIABILITIES | ||
Units Outstanding | 48,939 | 73,747 |
Net Asset Value per Unit | $ 119.04 | $ 112.87 |
Equinox Frontier Masters Fund [Member] | Owner Class Two [Member] | ||
LIABILITIES | ||
Units Outstanding | 46,420 | 62,347 |
Net Asset Value per Unit | $ 135.30 | $ 126.6 |
Equinox Frontier Masters Fund [Member] | Owner Class Three [Member] | ||
LIABILITIES | ||
Units Outstanding | 57,859 | 56,230 |
Net Asset Value per Unit | $ 125.89 | $ 117.57 |
Equinox Frontier Masters Fund [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Incentive fees payable to Managing Owner | $ 93,431 | $ 42,251 |
Management fees payable to Managing Owner | 1,323 | 54,674 |
Trading fees payable to Managing Owner | 40,248 | 48,501 |
Equinox Frontier Masters Fund [Member] | Managing Owner [Member] | Class Two [Member] | ||
LIABILITIES | ||
Managing Owner Units | 353,748 | 712,391 |
Total Capital | $ 353,748 | $ 712,391 |
Units Outstanding | 5,627 | 5,627 |
Equinox Frontier Masters Fund [Member] | Managing Owner [Member] | Class Three [Member] | ||
LIABILITIES | ||
Managing Owner Units | $ 34,619 | $ 32,332 |
Total Capital | $ 34,619 | $ 32,332 |
Units Outstanding | 275 | 275 |
Equinox Frontier Masters Fund [Member] | Limited Owners [Member] | Class Two [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 5,926,985 | $ 7,180,967 |
Total Capital | $ 5,926,985 | $ 7,180,967 |
Units Outstanding | 40,793 | 56,720 |
Equinox Frontier Masters Fund [Member] | Limited Owners [Member] | Class Three [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 7,249,059 | $ 6,578,809 |
Total Capital | $ 7,249,059 | $ 6,578,809 |
Units Outstanding | 57,584 | 55,955 |
Equinox Frontier Masters Fund [Member] | Limited Owners [Member] | Class One [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 5,825,767 | $ 8,323,800 |
Total Capital | $ 5,825,767 | $ 8,323,800 |
Units Outstanding | 48,939 | 73,747 |
Equinox Frontier Long Short Commodity Fund [Member] | ||
ASSETS | ||
Cash and cash equivalents | $ 1,523,602 | $ 1,523,602 |
U.S. Treasury securities, at fair value | 4,792,817 | |
Receivable from futures commission merchants | ||
Open trade equity, at fair value | ||
Swap contracts, at fair value | 4,258,423 | 4,332,428 |
Investments in private investment companies, at fair value | 6,311,213 | |
Investments in unconsolidated trading companies, at fair value | 3,414,663 | |
Interest receivable | 83,190 | |
Receivable from related parties | 1,606 | |
Other assets | 9,939 | |
Total Assets | 12,103,176 | 13,195,609 |
LIABILITIES | ||
Due to Broker | 2,254,497 | |
Open trade deficit, at fair value | 217,839 | |
Interest payable | 9,957 | |
Pending owner additions | ||
Owner redemptions payable | 87,330 | 796 |
Incentive fees payable to Managing Owner | 28,408 | |
Management fees payable to Managing Owner | 1,622 | 48,210 |
Interest payable to Managing Owner | 1,368 | |
Trading fees payable to Managing Owner | 12,902 | 6,841 |
Service fees payable to Managing Owner | 4,817 | 17,129 |
Payables to related parties | 8,846 | |
Other liabilities | 2,227 | 6 |
Total Liabilities | 2,382,198 | 102,758 |
Total Owners' Capital | 9,720,978 | 13,092,851 |
Non-Controlling Interests | ||
Total Capital | 9,720,978 | 13,092,851 |
Total Liabilities and Capital | 12,103,176 | 13,195,609 |
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 | 6,266 | 7,522 |
Net Asset Value per Unit | $ 125.56 | $ 132.1 |
Equinox Frontier Long Short Commodity Fund [Member] | Owner Class Three [Member] | ||
LIABILITIES | ||
Units Outstanding | 35,944 | 44,702 |
Net Asset Value per Unit | $ 126.77 | $ 132.14 |
Equinox Frontier Long Short Commodity Fund [Member] | Owner Class Onea [Member] | ||
LIABILITIES | ||
Units Outstanding | 28,212 | 42,778 |
Net Asset Value per Unit | $ 89.74 | $ 94.76 |
Equinox Frontier Long Short Commodity Fund [Member] | Owner Class Twoa [Member] | ||
LIABILITIES | ||
Units Outstanding | 9,464 | 12,127 |
Net Asset Value per Unit | $ 101.77 | $ 106.19 |
Equinox Frontier Long Short Commodity Fund [Member] | Owner Class Threea [Member] | ||
LIABILITIES | ||
Units Outstanding | 8,533 | 7,965 |
Net Asset Value per Unit | $ 103.47 | $ 106.86 |
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 | 1,622 | 48,210 |
Trading fees payable to Managing Owner | 12,902 | 17,129 |
Equinox Frontier Long Short Commodity Fund [Member] | Managing Owner [Member] | Class Two [Member] | ||
LIABILITIES | ||
Managing Owner Units | 290,737 | 407,255 |
Total Capital | $ 290,737 | $ 407,255 |
Units Outstanding | 3,083 | 3,083 |
Equinox Frontier Long Short Commodity Fund [Member] | Managing Owner [Member] | Class Twoa [Member] | ||
LIABILITIES | ||
Managing Owner Units | $ 226,159 | $ 235,971 |
Total Capital | $ 226,159 | $ 235,971 |
Units Outstanding | 2,222 | 2,222 |
Equinox Frontier Long Short Commodity Fund [Member] | Managing Owner [Member] | Class Threea [Member] | ||
LIABILITIES | ||
Managing Owner Units | $ 11,319 | $ 11,690 |
Total Capital | $ 11,319 | $ 11,690 |
Units Outstanding | 109 | 109 |
Equinox Frontier Long Short Commodity Fund [Member] | Limited Owners [Member] | Class Two [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 495,985 | $ 586,345 |
Total Capital | $ 495,985 | $ 586,345 |
Units Outstanding | 3,183 | 4,439 |
Equinox Frontier Long Short Commodity Fund [Member] | Limited Owners [Member] | Class Three [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 4,556,616 | $ 5,906,669 |
Total Capital | $ 4,556,616 | $ 5,906,669 |
Units Outstanding | 35,944 | 44,702 |
Equinox Frontier Long Short Commodity Fund [Member] | Limited Owners [Member] | Class Twoa [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 737,010 | $ 1,051,694 |
Total Capital | $ 737,010 | $ 1,051,694 |
Units Outstanding | 7,242 | 9,905 |
Equinox Frontier Long Short Commodity Fund [Member] | Limited Owners [Member] | Class Threea [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 871,585 | $ 839,473 |
Total Capital | $ 871,585 | $ 839,473 |
Units Outstanding | 8,424 | 7,856 |
Equinox Frontier Long Short Commodity Fund [Member] | Limited Owners [Member] | Class Onea [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 2,531,567 | $ 4,053,754 |
Total Capital | $ 2,531,567 | $ 4,053,754 |
Units Outstanding | 28,212 | 42,778 |
Equinox Frontier Balanced Fund [Member] | ||
ASSETS | ||
Cash and cash equivalents | $ 4,827,947 | $ 4,895,183 |
U.S. Treasury securities, at fair value | 12,034,303 | 41,148,676 |
Receivable from futures commission merchants | 61,371,658 | 7,517,903 |
Open trade equity, at fair value | 1,501,565 | 11,530 |
Options purchased, at fair value | 254,365 | |
Swap contracts, at fair value | 16,586,708 | 19,157,520 |
Investments in private investment companies, at fair value | 8,375,197 | |
Investments in unconsolidated trading companies, at fair value | 3,742,037 | 17,623,968 |
Interest receivable | 74,110 | 714,434 |
Receivable from related parties | ||
Other assets | 20,061 | 12 |
Total Assets | 108,829,240 | 91,069,226 |
LIABILITIES | ||
Options written, at fair value | 97,325 | |
Pending owner additions | 15,538 | |
Owner redemptions payable | 142,540 | 440,090 |
Incentive fees payable to Managing Owner | 718,767 | 106,563 |
Management fees payable to Managing Owner | 139,971 | 80,574 |
Interest payable to Managing Owner | 27,157 | 77,642 |
Trading fees payable to Managing Owner | 55,233 | 57,450 |
Service fees payable to Managing Owner | 153,326 | 145,576 |
Payables to related parties | 20,043 | 24,069 |
Other liabilities | 9,543 | |
Total Liabilities | 1,363,905 | 947,502 |
Total Owners' Capital | 83,907,600 | 88,969,983 |
Non-Controlling Interests | 23,557,735 | 1,151,741 |
Total Capital | 107,465,335 | 90,121,724 |
Total Liabilities and Capital | 108,829,240 | 91,069,226 |
Equinox Frontier Balanced Fund [Member] | Owner Class One [Member] | ||
ASSETS | ||
Prepaid service fees | $ 41,288 | |
LIABILITIES | ||
Units Outstanding | 445,666 | 488,680 |
Net Asset Value per Unit | $ 130.52 | $ 128.03 |
Equinox Frontier Balanced Fund [Member] | Owner Class Two [Member] | ||
LIABILITIES | ||
Units Outstanding | 117,600 | 126,375 |
Net Asset Value per Unit | $ 187.38 | $ 179.69 |
Equinox Frontier Balanced Fund [Member] | Owner Class Twoa [Member] | ||
LIABILITIES | ||
Units Outstanding | 3,539 | 3,539 |
Net Asset Value per Unit | $ 162.35 | $ 154.88 |
Equinox Frontier Balanced Fund [Member] | Owner Class Threea [Member] | ||
LIABILITIES | ||
Units Outstanding | 15,325 | 15,776 |
Net Asset Value per Unit | $ 161.81 | $ 154.37 |
Equinox Frontier Balanced Fund [Member] | Owner Class Oneap [Member] | ||
LIABILITIES | ||
Units Outstanding | 4,671 | 5,351 |
Net Asset Value per Unit | $ 139.31 | $ 133.59 |
Equinox Frontier Balanced Fund [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Incentive fees payable to Managing Owner | $ 718,767 | $ 106,563 |
Management fees payable to Managing Owner | 139,971 | 80,574 |
Trading fees payable to Managing Owner | 55,233 | 57,450 |
Equinox Frontier Balanced Fund [Member] | Managing Owner [Member] | Class Two [Member] | ||
LIABILITIES | ||
Managing Owner Units | 986,499 | 1,429,544 |
Total Capital | $ 986,499 | $ 1,429,544 |
Units Outstanding | 7,956 | 7,956 |
Equinox Frontier Balanced Fund [Member] | Managing Owner [Member] | Class Twoa [Member] | ||
LIABILITIES | ||
Managing Owner Units | $ 200,881 | $ 191,645 |
Total Capital | $ 200,881 | $ 191,645 |
Units Outstanding | 1,237 | |
Equinox Frontier Balanced Fund [Member] | Limited Owners [Member] | Class Two [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 21,049,226 | $ 21,278,864 |
Total Capital | $ 21,049,226 | $ 21,278,864 |
Units Outstanding | 109,644 | 118,419 |
Equinox Frontier Balanced Fund [Member] | Limited Owners [Member] | Class One [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 58,166,806 | $ 62,563,337 |
Total Capital | $ 58,166,806 | $ 62,563,337 |
Units Outstanding | 445,667 | 488,680 |
Equinox Frontier Balanced Fund [Member] | Limited Owners [Member] | Class Twoa [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 373,602 | $ 356,425 |
Total Capital | $ 373,602 | $ 356,425 |
Units Outstanding | 2,302 | 2,302 |
Equinox Frontier Balanced Fund [Member] | Limited Owners [Member] | Class Threea [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 2,479,832 | $ 2,435,421 |
Total Capital | $ 2,479,832 | $ 2,435,421 |
Units Outstanding | 15,325 | 15,776 |
Equinox Frontier Balanced Fund [Member] | Limited Owners [Member] | Class OneAP [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 650,754 | $ 714,747 |
Total Capital | $ 650,754 | $ 714,747 |
Units Outstanding | 4,671 | 5,351 |
Equinox Frontier Select Fund [Member] | ||
ASSETS | ||
Cash and cash equivalents | $ 1,570,093 | $ 220,371 |
U.S. Treasury securities, at fair value | 2,495,697 | 1,852,429 |
Receivable from futures commission merchants | 8,227,395 | 13,281,151 |
Open trade equity, at fair value | 686,364 | 462,339 |
Options purchased, at fair value | ||
Swap contracts, at fair value | ||
Investments in private investment companies, at fair value | ||
Investments in unconsolidated trading companies, at fair value | 4,121,050 | 4,147,840 |
Interest receivable | 32,153 | |
Receivable from related parties | ||
Other assets | 96,846 | 3 |
Total Assets | 17,212,817 | 19,996,286 |
LIABILITIES | ||
Options written, at fair value | ||
Pending owner additions | 1,335 | |
Owner redemptions payable | 25,882 | 16,670 |
Incentive fees payable to Managing Owner | 4,473 | |
Management fees payable to Managing Owner | 63,415 | 22,884 |
Interest payable to Managing Owner | 4,546 | 3,549 |
Trading fees payable to Managing Owner | 8,420 | 8,515 |
Service fees payable to Managing Owner | 29,863 | 29,092 |
Payables to related parties | 1,520 | 1,495 |
Other liabilities | 393 | 156 |
Total Liabilities | 138,512 | 83,696 |
Total Owners' Capital | 12,901,820 | 13,096,055 |
Non-Controlling Interests | 4,172,485 | 6,816,535 |
Total Capital | 17,074,305 | 19,912,590 |
Total Liabilities and Capital | 17,212,817 | 19,996,286 |
Equinox Frontier Select Fund [Member] | Owner Class One [Member] | ||
ASSETS | ||
Prepaid service fees | ||
LIABILITIES | ||
Units Outstanding | 118,794 | 129,612 |
Net Asset Value per Unit | $ 96.26 | $ 90.35 |
Equinox Frontier Select Fund [Member] | Owner Class Two [Member] | ||
LIABILITIES | ||
Units Outstanding | 10,534 | 10,696 |
Net Asset Value per Unit | $ 136.35 | $ 125.11 |
Equinox Frontier Select Fund [Member] | Owner Class Oneap [Member] | ||
LIABILITIES | ||
Units Outstanding | 296 | 503 |
Net Asset Value per Unit | $ 102.75 | $ 94.28 |
Equinox Frontier Select Fund [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Incentive fees payable to Managing Owner | $ 4,473 | |
Management fees payable to Managing Owner | 63,415 | 22,884 |
Trading fees payable to Managing Owner | 8,420 | 8,515 |
Equinox Frontier Select Fund [Member] | Managing Owner [Member] | Class Two [Member] | ||
LIABILITIES | ||
Managing Owner Units | 9,605 | 8,814 |
Total Capital | $ 9,605 | $ 8,814 |
Units Outstanding | 70 | 70 |
Equinox Frontier Select Fund [Member] | Limited Owners [Member] | Class Two [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 1,426,668 | $ 1,329,359 |
Total Capital | $ 1,426,668 | $ 1,329,359 |
Units Outstanding | 10,464 | 10,626 |
Equinox Frontier Select Fund [Member] | Limited Owners [Member] | Class One [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 11,435,183 | $ 11,710,517 |
Total Capital | $ 11,435,183 | $ 11,710,517 |
Units Outstanding | 118,794 | 129,612 |
Equinox Frontier Select Fund [Member] | Limited Owners [Member] | Class OneAP [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 30,364 | $ 47,365 |
Total Capital | $ 30,364 | $ 47,365 |
Units Outstanding | 296 | 503 |
Equinox Frontier Winton Fund [Member] | ||
ASSETS | ||
Cash and cash equivalents | $ 4,583,519 | $ 2,928,616 |
U.S. Treasury securities, at fair value | 18,417,716 | 24,617,817 |
Receivable from futures commission merchants | 21,249,096 | 12,744,570 |
Open trade equity, at fair value | 214,509 | 599,579 |
Swap contracts, at fair value | 0 | 0 |
Investments in private investment companies, at fair value | 0 | 297,554 |
Investments in unconsolidated trading companies, at fair value | 0 | 0 |
Interest receivable | 113,414 | 427,511 |
Receivable from related parties | 0 | 0 |
Other assets | 25,348 | 2 |
Total Assets | 44,603,602 | 41,615,649 |
LIABILITIES | ||
Pending owner additions | 0 | 13,524 |
Owner redemptions payable | 191,005 | 51,671 |
Management fees payable to Managing Owner | 262,915 | 93,171 |
Interest payable to Managing Owner | 35,996 | 49,624 |
Trading fees payable to Managing Owner | 22,388 | 22,405 |
Service fees payable to Managing Owner | 57,927 | 44,422 |
Payables to related parties | 11,418 | 31,638 |
Other liabilities | 29,989 | 0 |
Total Liabilities | 611,638 | 306,455 |
Total Owners' Capital | 33,945,817 | 34,941,543 |
Non-Controlling Interests | 10,046,147 | 6,367,651 |
Total Capital | 43,991,964 | 41,309,194 |
Total Liabilities and Capital | $ 44,603,602 | $ 41,615,649 |
Equinox Frontier Winton Fund [Member] | Owner Class One [Member] | ||
LIABILITIES | ||
Units Outstanding | 134,227 | 140,239 |
Net Asset Value per Unit | $ 163.22 | $ 164.17 |
Equinox Frontier Winton Fund [Member] | Owner Class Two [Member] | ||
LIABILITIES | ||
Units Outstanding | 54,251 | 54,251 |
Net Asset Value per Unit | $ 221.20 | $ 217.51 |
Equinox Frontier Winton Fund [Member] | Owner Class Oneap [Member] | ||
LIABILITIES | ||
Units Outstanding | 214 | 214 |
Net Asset Value per Unit | $ 174.22 | $ 171.31 |
Equinox Frontier Winton Fund [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Incentive fees payable to Managing Owner | ||
Management fees payable to Managing Owner | 262,915 | 93,171 |
Trading fees payable to Managing Owner | 22,388 | 22,405 |
Equinox Frontier Winton Fund [Member] | Managing Owner [Member] | Class Two [Member] | ||
LIABILITIES | ||
Managing Owner Units | 45,724 | 44,962 |
Total Capital | $ 45,724 | $ 44,962 |
Units Outstanding | 207 | 207 |
Equinox Frontier Winton Fund [Member] | Limited Owners [Member] | Class Two [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 11,954,508 | $ 11,837,205 |
Total Capital | $ 11,954,508 | $ 11,837,205 |
Units Outstanding | 54,044 | 54,215 |
Equinox Frontier Winton Fund [Member] | Limited Owners [Member] | Class One [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 21,908,389 | $ 23,022,800 |
Total Capital | $ 21,908,389 | $ 23,022,800 |
Units Outstanding | 134,227 | 140,239 |
Equinox Frontier Winton Fund [Member] | Limited Owners [Member] | Class OneAP [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 37,196 | $ 36,576 |
Total Capital | $ 37,196 | $ 36,576 |
Units Outstanding | 214 | 214 |
Equinox Frontier Heritage Fund [Member] | ||
ASSETS | ||
Cash and cash equivalents | $ 1,249,080 | $ 655,319 |
U.S. Treasury securities, at fair value | 3,489,160 | 5,508,577 |
Receivable from futures commission merchants | 0 | |
Open trade equity, at fair value | 0 | |
Swap contracts, at fair value | 8,499,865 | 7,960,268 |
Investments in private investment companies, at fair value | 1,955,258 | 1,405,586 |
Investments in unconsolidated trading companies, at fair value | 0 | 0 |
Interest receivable | 21,486 | 95,612 |
Receivable from related parties | 0 | 0 |
Other assets | 4,774 | 2 |
Total Assets | 15,219,623 | 15,625,364 |
LIABILITIES | ||
Pending owner additions | 0 | 3,251 |
Owner redemptions payable | 36,185 | 84,355 |
Management fees payable to Managing Owner | 334 | 21,490 |
Interest payable to Managing Owner | 6,630 | 11,066 |
Trading fees payable to Managing Owner | 7,232 | 7,457 |
Service fees payable to Managing Owner | 21,474 | 18,807 |
Payables to related parties | 3,507 | 4,416 |
Other liabilities | 1,756 | 0 |
Total Liabilities | 77,118 | 150,842 |
Total Owners' Capital | 11,021,455 | 11,540,602 |
Non-Controlling Interests | 4,121,050 | 3,933,920 |
Total Capital | 15,142,505 | 15,474,522 |
Total Liabilities and Capital | $ 15,219,623 | $ 15,625,364 |
Equinox Frontier Heritage Fund [Member] | Owner Class One [Member] | ||
LIABILITIES | ||
Units Outstanding | 65,597 | 69,436 |
Net Asset Value per Unit | $ 124.64 | $ 124.27 |
Equinox Frontier Heritage Fund [Member] | Owner Class Two [Member] | ||
LIABILITIES | ||
Units Outstanding | 15,946 | 16,441 |
Net Asset Value per Unit | $ 178.05 | $ 173.54 |
Equinox Frontier Heritage Fund [Member] | Owner Class Oneap [Member] | ||
LIABILITIES | ||
Units Outstanding | 45 | 452 |
Net Asset Value per Unit | $ 133.04 | $ 129.67 |
Equinox Frontier Heritage Fund [Member] | Managing Owner [Member] | ||
LIABILITIES | ||
Incentive fees payable to Managing Owner | ||
Management fees payable to Managing Owner | 334 | 21,490 |
Trading fees payable to Managing Owner | 7,232 | 7,457 |
Equinox Frontier Heritage Fund [Member] | Managing Owner [Member] | Class Two [Member] | ||
LIABILITIES | ||
Managing Owner Units | 76,257 | 74,329 |
Equinox Frontier Heritage Fund [Member] | Managing Owner [Member] | Class Twoa [Member] | ||
LIABILITIES | ||
Total Capital | $ 76,257 | $ 74,329 |
Units Outstanding | 428 | 428 |
Equinox Frontier Heritage Fund [Member] | Limited Owners [Member] | Class Two [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 2,762,875 | $ 2,779,024 |
Equinox Frontier Heritage Fund [Member] | Limited Owners [Member] | Class One [Member] | ||
LIABILITIES | ||
Limited Owner Units | 8,176,296 | 8,628,726 |
Total Capital | $ 8,176,296 | $ 8,628,726 |
Units Outstanding | 65,597 | 69,436 |
Equinox Frontier Heritage Fund [Member] | Limited Owners [Member] | Class Twoa [Member] | ||
LIABILITIES | ||
Total Capital | $ 2,762,875 | $ 2,779,024 |
Units Outstanding | 15,518 | 16,013 |
Equinox Frontier Heritage Fund [Member] | Limited Owners [Member] | Class OneAP [Member] | ||
LIABILITIES | ||
Limited Owner Units | $ 6,027 | $ 58,523 |
Total Capital | $ 6,027 | $ 58,523 |
Units Outstanding | 45 | 452 |
Consolidated Schedules of Inves
Consolidated Schedules of Investments (Unaudited) - USD ($) | Sep. 30, 2016 | Dec. 31, 2015 | |||
US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 47,381,524 | $ 117,478,438 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 20.76% | 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 | $ 22,826,123 | $ 89,465,938 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 10.00% | 37.25% | |||
Investment Owned, Underlying Face Amount, at Market Value | $ 27,000,000 | $ 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 | $ 24,555,400 | $ 28,012,500 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 10.76% | 11.66% | |||
Investment Owned, Underlying Face Amount, at Market Value | $ 20,000,000 | $ 20,000,000 | |||
Open Trade Equity Deficit [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 2,467,777 | $ (4,348,872) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 1.08% | (1.81%) | ||
Short Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (1,408,941) | $ 18,182,237 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.62%) | 7.57% | ||
Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (618) | $ 912 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | 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] | (0.01%) | |||
Short Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (676) | $ (23,385) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | (0.01%) | ||
Short Futures Contracts [Member] | Various Stock Index Futures Contracts Africa [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 8,011 | $ (10,962) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | 0.00% | ||
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 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 Soft Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (723) | $ (1,321) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | 0.00% | ||
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] | (0.01%) | |||
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 Base Metals Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (472,057) | $ 402,411 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.21%) | 0.17% | ||
Short Futures Contracts [Member] | Various Stock Index Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 52,264 | $ 87,447 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.02% | 0.04% | ||
Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (111,828) | $ (171,001) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.05%) | (0.07%) | ||
Short Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (11,358) | $ 130,658 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | 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 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 Soft Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 805 | $ 49,202 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | 0.02% | ||
Short Futures Contracts [Member] | Various Energy Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (2,266) | $ 1,430 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | 0.00% | ||
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] | 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 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] | $ (6,311) | $ 29,608 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | 0.01% | ||
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 | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (12,736) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.01%) | |||
Short Futures Contracts [Member] | Various Base Metals Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (61,983) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.03%) | |||
Short Futures Contracts [Member] | Various Currency Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 142,374 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.06% | |||
Short Futures Contracts [Member] | Various Energy Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (2,459,464) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (1.08%) | |||
Short Futures Contracts [Member] | Various Interest Rates Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (112,096) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.05%) | |||
Short Futures Contracts [Member] | Various Precious Metal Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 13,030 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.01% | |||
Short Futures Contracts [Member] | Various Soft Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 222,757 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.10% | |||
Short Futures Contracts [Member] | Various Stock Index Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 53,945 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.02% | |||
Swap [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 36,579,979 | $ 40,136,065 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 16.03% | 16.71% | ||
Swap [Member] | Frontier Thirty Seven Ls Select Swap Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 4,258,423 | $ 4,332,428 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 1.87% | 1.80% | ||
Swap [Member] | Frontier Thirty Five Diversified Select Swap Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 7,234,984 | $ 8,685,849 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 3.17% | 3.62% | ||
Swap [Member] | Frontier Brevan Howard Swap Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 8,499,864 | $ 7,960,269 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 3.72% | 3.31% | ||
Swap [Member] | Frontier Thirty Four Balanced Select Swap Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 16,586,708 | $ 19,157,519 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 7.27% | 7.98% | ||
Long Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 3,714,605 | $ (22,606,527) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 1.63% | (9.41%) | ||
Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 8,681 | $ 111,674 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | 0.05% | ||
Long Futures Contracts [Member] | Various Stock Index Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 85,243 | $ (2,642) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.04% | 0.00% | ||
Long Futures Contracts [Member] | Various Stock Index Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 319,386 | $ 100,955 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.14% | 0.04% | ||
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 Interest Rates Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 160,972 | $ 304,974 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.07% | 0.13% | ||
Long Futures Contracts [Member] | Various Soft Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 513 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | |||
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] | $ 38,378 | $ (43,551) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.00% | (0.02%) | ||
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 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 Stock Index Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (107,123) | $ (184,632) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.05%) | (0.08%) | ||
Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 55,529 | $ (19,910) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.02% | (0.01%) | ||
Long Futures Contracts [Member] | Various Interest Rates Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 554,813 | $ (686,234) | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.24% | (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 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] | $ (24,923) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.01%) | |||
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 Energy Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 108,240 | $ 605 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.05% | 0.00% | ||
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] | $ 343,358 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.15% | |||
Long Futures Contracts [Member] | Various Base Metals Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 134,786 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.06% | |||
Long Futures Contracts [Member] | Various Base Metals Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 549,509 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.24% | |||
Long Futures Contracts [Member] | Various Currency Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (12,505) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.01%) | |||
Long Futures Contracts [Member] | Various Energy Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 1,458,443 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.64% | |||
Long Futures Contracts [Member] | Various Interest Rates Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (153,606) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.07%) | |||
Long Futures Contracts [Member] | Various Precious Metal Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (276,498) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.12%) | |||
Long Futures Contracts [Member] | Various Soft Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ (531,045) | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | (0.23%) | |||
Long Futures Contracts [Member] | Various Stock Index Futures Contracts (U.S.) [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 1,050,606 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.46% | |||
Currency Forwards [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 162,113 | $ 75,418 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.07% | 0.03% | ||
Currency Forwards [Member] | Various Currency Forward Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [1] | $ 162,113 | $ 75,418 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [1] | 0.07% | 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] | $ 8,493,717 | 30,473,122 | ||
Investment Owned, at Cost | [2] | 11,923,317 | |||
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] | $ 6,236,759 | $ 31,336,857 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 7.43% | 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] | 4,181,118 | 23,467,807 | ||
Investment Owned, at Cost | [2] | 5,882,982 | |||
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] | $ 5,797,544 | $ 9,811,819 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 6.91% | 10.89% | ||
Investment Owned, Underlying Face Amount, at Market Value | [2] | $ 15,900,000 | $ 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] | 4,312,600 | 7,005,315 | ||
Investment Owned, at Cost | [2] | 6,040,335 | |||
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 | $ (17,003) | $ 366,177 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.02%) | 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 | |||||
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 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 Africa [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 416 | $ (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 Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 82,660 | $ 48,192 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.10% | 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 Interest Rates Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (6,648) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.01%) | 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% | 0.00% | |||
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) | 0.00% | 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 Base Metals Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (98,188) | $ (11,475) | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.12%) | (0.01%) | |||
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 Stock Index Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 58,601 | $ 3,179 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.07% | 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 | $ (3,367) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | 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 | $ (1,145) | $ 2,481 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | 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 | $ 12,733 | $ 28,086 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.02% | 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 | $ (4,417) | $ 188,615 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.01%) | 0.21% | |||
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 | $ 3,105 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | 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 Soft Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 11,757 | $ 1,832 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.01% | 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 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 | $ (7,573) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.01%) | ||||
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 | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (4,186) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Balanced Fund [Member] | Swap [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] | 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] | Long Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 1,589,855 | $ (381,528) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 1.89% | (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 | $ 11,780 | $ 58,668 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.01% | 0.07% | |||
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 | $ 12,079 | $ 13,845 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.01% | 0.02% | |||
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 | $ 161,789 | $ 38,507 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.19% | 0.04% | |||
Equinox Frontier Balanced Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 26,290 | $ (87,878) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.03% | (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 | $ 3,667 | $ (237,837) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | (0.27%) | |||
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 | $ 77,622 | $ 93,495 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.09% | 0.11% | |||
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% | 0.00% | |||
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 | $ 550,724 | $ 25,421 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.66% | 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 | $ 8,825 | $ (2,002) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.01% | 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 | $ 160,267 | $ 650 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.19% | 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 Stock Index Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (23,094) | $ (14,865) | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.03%) | (0.02%) | |||
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 | $ 34,742 | $ 14,834 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.04% | 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 | $ 214,067 | $ (132,159) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.26% | (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 | $ 262,948 | $ (163,570) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.31% | (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 | $ (1,055) | $ (30,157) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | (0.03%) | |||
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 Soft Futures Contract 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 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 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 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 | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (5,413) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.01%) | ||||
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 | $ 83,452 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.10% | ||||
Equinox Frontier Balanced Fund [Member] | Currency Forwards [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (71,287) | $ 26,881 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.08%) | 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 | $ (71,287) | $ 26,881 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.08%) | 0.03% | |||
Equinox Frontier Balanced Fund [Member] | Investment In Unconsolidated Entities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 3,742,037 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 4.24% | |||
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] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company II, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 3,742,037 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 4.24% | |||
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% | [4] | 0.00% | ||
Equinox Frontier Diversified Fund [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [2] | $ 6,019,126 | $ 27,604,916 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 10.82% | 49.54% | ||
Equinox Frontier Diversified Fund [Member] | Additional [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Underlying Face Amount, at Market Value | [2] | $ 4,248,252 | $ 20,443,138 | ||
Investment Owned, at Cost | 6,912,735 | [2] | 27,582,023 | [3] | |
Equinox Frontier Diversified 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] | $ 2,899,723 | $ 21,022,579 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 5.21% | 37.73% | ||
Investment Owned, Underlying Face Amount, at Market Value | [2] | $ 15,900,000 | $ 67,000,000 | ||
Equinox Frontier Diversified 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] | 2,091,245 | 15,743,566 | ||
Investment Owned, at Cost | 2,942,456 | [2] | 20,999,686 | [3] | |
Equinox Frontier Diversified 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] | $ 3,119,403 | $ 6,582,337 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 5.61% | 11.81% | ||
Investment Owned, Underlying Face Amount, at Market Value | [2] | $ 16,400,000 | $ 20,000,000 | ||
Equinox Frontier Diversified 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] | 2,157,007 | 4,699,572 | ||
Investment Owned, at Cost | 3,021,158 | [2] | 6,582,337 | [3] | |
Equinox Frontier Diversified Fund [Member] | 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 [Member] | 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 [Member] | 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 [Member] | 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 [Member] | 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 [Member] | 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 [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 Diversified Fund [Member] | 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 [Member] | 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 [Member] | 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 [Member] | 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 [Member] | 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 [Member] | 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 [Member] | 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 [Member] | 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 [Member] | 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 [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Far East | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
Equinox Frontier Diversified Fund [Member] | 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 [Member] | 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 [Member] | 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 [Member] | Swap [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [3] | $ 7,234,984 | $ 8,685,849 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 13.01% | 15.59% | ||
Equinox Frontier Diversified 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% | 0.00% | ||
Equinox Frontier Diversified Fund [Member] | Swap [Member] | Frontier Thirty Five Diversified Select Swap Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [3] | $ 7,234,984 | $ 8,685,849 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 13.01% | 15.59% | ||
Equinox Frontier Diversified 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 Diversified 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 Diversified Fund [Member] | 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 [Member] | 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 [Member] | 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 [Member] | 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 [Member] | 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 [Member] | 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 [Member] | 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 [Member] | 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 [Member] | 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 [Member] | 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 [Member] | 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 [Member] | 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 [Member] | 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 [Member] | 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 [Member] | 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 [Member] | 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 [Member] | 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 [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Far East | |||||
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 [Member] | 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 [Member] | 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 [Member] | 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 [Member] | Investment In Unconsolidated Entities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 2,740,986 | $ 16,094,207 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 4.93% | 28.89% | ||
Equinox Frontier Diversified Fund [Member] | 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 [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company II, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 2,930,173 | $ 1,755,041 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 5.13% | 3.15% | ||
Equinox Frontier Diversified 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 Diversified Fund [Member] | 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 [Member] | 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 [Member] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company XXXVIII, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 600,325 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 1.08% | |||
Equinox Frontier Diversified Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Doherty Feeder Fund (528) LLC | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 2,392,397 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 4.30% | ||||
Equinox Frontier Diversified Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 4,811,893 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 8.65% | ||||
Equinox Frontier Diversified Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - QIM Feeder Fund (526) LLC | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 6,124,478 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 11.01% | ||||
Equinox Frontier Diversified Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 8,461,155 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 15.21% | ||||
Equinox Frontier Heritage Fund [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 3,489,160 | [5] | $ 5,508,577 | [2] | |
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 23.04% | [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 | $ 2,462,622 | [5] | $ 4,079,439 | [2] | |
Investment Owned, at Cost | 3,456,981 | [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 | $ 1,680,908 | [5] | $ 4,195,068 | [2] | |
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 11.10% | [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 | 1,212,250 | [5] | 3,141,637 | [2] | |
Investment Owned, at Cost | 1,705,680 | [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 | $ 1,808,252 | [5] | $ 1,313,509 | [2] | |
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 11.94% | [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 | 1,250,371 | [5] | 937,802 | [2] | |
Investment Owned, at Cost | $ 1,751,302 | [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% | 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% | 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 Stock Index Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | 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% | 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% | 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% | 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 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 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 Base Metals Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | 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 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 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 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% | 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 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 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] | 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 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] | Swap [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [3] | $ 8,499,865 | $ 7,960,268 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 56.13% | 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] | $ 8,499,865 | $ 7,960,268 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 56.13% | 51.44% | ||
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% | 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 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 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 Interest Rates Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | 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 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 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 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 Interest Rates Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | 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% | 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 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 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 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 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 | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
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% | 0.00% | |||
Equinox Frontier Heritage Fund [Member] | Investment In Unconsolidated Entities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 1,955,258 | [4] | $ 1,405,586 | [6] | |
Investment Owned, % of Total Capital (Net Asset Value) | 12.91% | [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 | $ 1,955,258 | [4] | $ 1,248,467 | [6] | |
Investment Owned, % of Total Capital (Net Asset Value) | 12.91% | [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 Masters Fund [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [2] | $ 4,925,521 | $ 11,953,206 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 25.40% | 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] | $ 3,476,395 | $ 8,852,084 | ||
Investment Owned, at Cost | 4,880,096 | [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] | $ 2,372,878 | $ 9,102,988 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 12.24% | 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] | 1,711,290 | 6,817,122 | ||
Investment Owned, at Cost | 2,407,846 | [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] | $ 2,552,644 | $ 2,850,218 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 13.16% | 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] | 1,765,104 | 2,034,962 | ||
Investment Owned, at Cost | $ 2,472,249 | [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% | 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% | 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% | 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 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] | $ 5,785,423 | $ 9,409,930 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 29.84% | 41.22% | ||
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] | Investment In Unconsolidated Entities [Member] | Equinox Frontier Trading Company II, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 5,785,423 | $ 1,080,538 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 29.84% | 4.73% | ||
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] | $ 5,975,465 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 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 XXXVIII, LLC [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 351,733 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 1.54% | |||
Equinox Frontier Masters Fund [Member] | Private Investment Companies [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 6,488,278 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 33.46% | ||||
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 | $ 4,008,202 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 20.67% | ||||
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 | $ 2,480,076 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 12.79% | ||||
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] | Swap [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [3] | $ 4,258,423 | $ 4,332,428 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 43.81% | 33.09% | ||
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] | $ 4,258,423 | $ 4,332,428 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 43.81% | 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% | 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 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] | 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] | 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 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] | 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% | 0.00% | ||
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 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] | Private Investment Companies [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 6,311,213 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 64.92% | ||||
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 | $ 1,875,553 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 19.29% | ||||
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 | $ 1,597,588 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 16.43% | ||||
Equinox Frontier Winton Fund [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 18,417,716 | [5] | $ 24,617,817 | [2] | |
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 41.87% | [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 | $ 12,999,081 | [5] | $ 18,231,006 | [2] | |
Investment Owned, at Cost | 18,247,859 | [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 | $ 8,872,764 | [5] | $ 18,747,748 | [2] | |
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 20.17% | [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 | 6,398,928 | [5] | 14,039,970 | [2] | |
Investment Owned, at Cost | 9,003,520 | [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 | $ 9,544,952 | [5] | $ 5,870,069 | [2] | |
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 21.70% | [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 | 6,600,152 | [5] | 4,191,036 | [2] | |
Investment Owned, at Cost | 9,244,339 | [5] | 5,870,069 | [2] | |
Equinox Frontier Winton Fund [Member] | Open Trade Equity Deficit [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 18,417,716 | $ 599,579 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 41.87% | 1.45% | |||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (361,820) | $ 1,056,931 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.82%) | 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 | $ (637) | ||||
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 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 Stock Index Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (489) | $ (1,191) | |||
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 | $ (733) | $ (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 Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 41,069 | $ 137,220 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.09% | 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 | $ (484,583) | $ 142,483 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (1.10%) | 0.35% | |||
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 | $ (10,174) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.02%) | 0.00% | |||
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 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 Base Metals Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 115,194 | $ (11,450) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.26% | (0.03%) | |||
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 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 Interest Rates Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (15,808) | $ (3,043) | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.04%) | (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 | $ (671) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | 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 | $ (50,494) | $ (266) | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.11%) | 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 | $ 3,407 | $ 466,490 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.01% | 1.13% | |||
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 | $ 497 | $ 244,230 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | 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 | $ 805 | $ (1,140) | |||
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 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 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 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 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 Currency Futures Contracts Europe | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 232,597 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.53% | ||||
Equinox Frontier Winton Fund [Member] | Short Futures Contracts [Member] | Various Currency Futures Contracts Canada | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (10,968) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.02%) | ||||
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 | $ 123,905 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.28% | ||||
Equinox Frontier Winton Fund [Member] | Swap [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | 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% | 0.00% | ||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 368,135 | $ (288,813) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.84% | (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 | $ 1,864 | $ 10,868 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | 0.03% | |||
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 | $ 54,358 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.12% | 0.00% | |||
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 | $ 36,783 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.09% | ||||
Equinox Frontier Winton Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 57,744 | $ 4,274 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.13% | 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 Interest Rates Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 27,750 | $ 68,874 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.06% | 0.17% | |||
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 | $ 374,779 | $ 148,532 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.85% | 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 | $ 15,094 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.03% | 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 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 Stock Index Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (67,086) | $ (83,141) | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.15%) | (0.20%) | |||
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 | $ 45,008 | $ (3,134) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.10% | (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 | $ 139,862 | $ (126,797) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.32% | (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 | $ (310,891) | $ (317,169) | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.71%) | (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 Precious Metal Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (202,984) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.46%) | 0.00% | |||
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 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 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 | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 80,588 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.18% | ||||
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 | $ 57,433 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.13% | ||||
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 | $ 4,930 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.01% | ||||
Equinox Frontier Winton Fund [Member] | Currency Forwards [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 208,194 | $ (168,539) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.47% | (0.41%) | |||
Equinox Frontier Winton Fund [Member] | Currency Forwards [Member] | Various Currency Forward Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 208,194 | $ (168,539) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.47% | (0.41%) | |||
Equinox Frontier Winton Fund [Member] | Investment In Unconsolidated Entities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [6] | $ 297,554 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | [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) | 0.00% | [4] | 0.00% | [6] | |
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 | [6] | $ 297,554 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | [4] | 0.72% | [6] | |
Equinox Frontier Select Fund [Member] | US Treasury Securities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [2] | $ 2,495,697 | $ 1,852,429 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 19.34% | 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] | $ 1,761,444 | 1,371,838 | ||
Investment Owned, at Cost | [2] | 2,472,681 | |||
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] | $ 1,293,391 | $ 1,410,721 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 10.02% | 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] | 867,088 | 1,056,473 | ||
Investment Owned, at Cost | [2] | 1,220,024 | |||
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] | $ 1,202,306 | $ 441,708 | ||
Investment Owned, % of Total Capital (Net Asset Value) | [2] | 9.32% | 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] | 894,355 | 315,365 | ||
Investment Owned, at Cost | [2] | 1,252,656 | |||
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 | $ (141,770) | $ 925,452 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (1.10%) | 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 | $ 19 | $ (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 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 Stock Index Futures Contracts Europe [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (966) | $ 8,952 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.01%) | 0.05% | |||
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 Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 48,198 | $ 34,651 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.37% | 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 | $ (124,721) | $ 586,716 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.97%) | ||||
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) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.01%) | 0.00% | |||
Equinox Frontier Select Fund [Member] | Short Futures Contracts [Member] | Various Soft Futures Contracts Canada [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (33) | ||||
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 Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 50,391 | $ (17,786) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.39% | (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) | (0.06%) | 0.00% | |||
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 | $ (182,877) | $ (4,250) | |||
Investment Owned, % of Total Capital (Net Asset Value) | (1.42%) | (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 Stock Index Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 5,289 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.03% | ||||
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 | $ (74,691) | $ (12,330) | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.58%) | (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 | $ 6,666 | $ 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 | $ (13,042) | $ 50,113 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.10%) | 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 | $ 44,505 | $ 32,835 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.34% | 0.17% | |||
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 | $ (4,773) | $ 93,125 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.04%) | 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 | $ 309 | $ 2,000 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | 0.01% | |||
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 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 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 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 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 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] | Short Futures Contracts [Member] | Various Base Metals Futures Contracts Oceanic [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (17,315) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.13%) | ||||
Equinox Frontier Select Fund [Member] | Swap [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, % of Total Capital (Net Asset Value) | [3] | 0.00% | 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% | 0.00% | ||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 802,928 | $ (430,431) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 6.22% | (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 | $ (2,722) | $ 8,285 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.02%) | 0.04% | |||
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 | $ 3,500 | $ (1,931) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.03% | (0.01%) | |||
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 | $ 33,092 | $ 14,580 | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.26% | 0.07% | |||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Soft Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (2,890) | $ 17,813 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.02%) | 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 | $ (43,029) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.33%) | 0.00% | |||
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 | $ (1,185) | $ 22,925 | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.01%) | 0.11% | |||
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 Stock Index Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 199,907 | $ (4,360) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 1.55% | (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 | $ 7,493 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.06% | 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 | $ 198,559 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.54% | 0.00% | |||
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 Stock Index Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (16,955) | $ (33,510) | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.13%) | (0.17%) | |||
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 | $ 206 | $ (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 | $ 172,275 | $ (380,769) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 1.34% | [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 | $ (10,804) | $ (35,830) | |||
Investment Owned, % of Total Capital (Net Asset Value) | (0.08%) | (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 | $ 6,231 | $ (11,664) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.05% | [1] | (0.06%) | ||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Precious Metal Futures Contracts Us [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (7,009) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | (0.05%) | 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 | $ 801 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.01% | ||||
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 Energy 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] | Long Futures Contracts [Member] | Various Soft Futures Contracts Far East [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ (316) | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.00% | ||||
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 | $ 13,493 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 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 | $ 147,650 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 1.14% | ||||
Equinox Frontier Select Fund [Member] | Long Futures Contracts [Member] | Various Currency Futures Contracts Far East | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 11,496 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 0.09% | ||||
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] | Currency Forwards [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 25,206 | $ (32,682) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.03% | (0.16%) | |||
Equinox Frontier Select Fund [Member] | Currency Forwards [Member] | Open Trade Equity Deficit [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 686,364 | ||||
Investment Owned, % of Total Capital (Net Asset Value) | 5.15% | ||||
Equinox Frontier Select Fund [Member] | Currency Forwards [Member] | Various Currency Forward Contracts [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | $ 25,206 | $ (32,682) | |||
Investment Owned, % of Total Capital (Net Asset Value) | 0.03% | (0.16%) | |||
Equinox Frontier Select Fund [Member] | Investment In Unconsolidated Entities [Member] | |||||
Schedule of Investments [Line Items] | |||||
Investment Owned, Fair Value | [4] | $ 4,121,050 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 31.94% | |||
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] | 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% | [4] | 0.00% | ||
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] | $ 4,121,050 | |||
Investment Owned, % of Total Capital (Net Asset Value) | [4] | 31.94% | |||
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% | ||||
[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 |
Consolidated Schedules of Inve4
Consolidated Schedules of Investments (Unaudited) (Parenthetical) - US Treasury Securities [Member] - USD ($) | 9 Months Ended | 12 Months Ended | |||
Sep. 30, 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 | $ 20,000,000 | $ 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] | $ 15,900,000 | $ 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 [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 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 | $ 27,000,000 | $ 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 [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 | ||
[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. |
Statements of Operations (Unaud
Statements of Operations (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2016 | Sep. 30, 2015 | Sep. 30, 2016 | Sep. 30, 2015 | |
Investment income/(loss): | ||||
Interest - net | $ 57,865 | $ 241,843 | $ 482,792 | $ 811,474 |
Total Income | 57,865 | 241,843 | 482,792 | 811,474 |
Expenses: | ||||
Incentive Fees | 1,124,416 | 343,725 | 4,200,079 | 5,341,237 |
Management Fees | 1,181,056 | 1,244,029 | 3,506,046 | 3,813,217 |
Trading Fees | 1,106,628 | 835,725 | 2,928,452 | 2,643,574 |
Other Fees | 40,034 | 71,046 | ||
Total Expenses | 4,375,232 | 3,457,449 | 13,490,843 | 15,132,889 |
Investment (loss) - net | (4,317,367) | (3,215,606) | (13,008,051) | (14,321,415) |
Realized and unrealized gain/(loss) on investments: | ||||
Net change in open trade equity/(deficit) | (6,910,531) | 5,395,224 | 7,764,172 | (8,100,112) |
Trading commissions | (41,688) | (699,287) | (1,166,877) | (2,125,634) |
Change in fair value of investments in unconsolidated trading companies | 943,764 | 4,534,512 | ||
Net gain/(loss) on investments | (3,373,603) | 1,318,906 | 18,137,372 | 14,098,593 |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 59,375 | 5,188,696 | (222,822) | |
Less: Operations attributable to non-controlling interests | (3,314,228) | 1,318,906 | 59,375 | |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 5,188,696 | (222,822) | ||
US Treasury Securities [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net realized gain/(loss) on investments | 2,155,803 | 7,622,697 | (588,474) | |
Net unrealized gain/(loss) on investments | (3,285,352) | 3,324,586 | 2,246,802 | (183,524) |
Private Investment Companies [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net unrealized gain/(loss) on investments | (59,375) | |||
Futures And Forwards [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net realized gain/(loss) on investments | 8,165,323 | (3,904,245) | 9,720,269 | 21,904,731 |
Swap [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net realized gain/(loss) on investments | ||||
Net unrealized gain/(loss) on investments | 860,209 | 418,234 | (3,556,086) | (1,647,609) |
Class One [Member] | ||||
Expenses: | ||||
Service Fees | 923,098 | 1,033,970 | 3,506,046 | 3,334,861 |
Equinox Frontier Diversified Fund [Member] | ||||
Investment income/(loss): | ||||
Interest - net | 31,817 | 142,006 | 312,594 | 466,407 |
Total Income | 31,817 | 142,006 | 312,594 | 466,407 |
Expenses: | ||||
Incentive Fees | 1,082 | 225,279 | 1,145,241 | 1,863,521 |
Management Fees | 172,538 | 247,879 | 612,830 | 737,187 |
Trading Fees | 363,176 | 338,055 | 1,076,238 | 1,059,953 |
Other Fees | 7,282 | 9,275 | ||
Total Expenses | 598,421 | 908,247 | 3,036,001 | 3,987,863 |
Investment (loss) - net | (566,604) | (766,241) | (2,723,407) | (3,521,456) |
Realized and unrealized gain/(loss) on investments: | ||||
Net change in open trade equity/(deficit) | (1,251,809) | 3,662,607 | (328,660) | 450,401 |
Trading commissions | (19) | (77,125) | (63) | (443,692) |
Change in fair value of investments in unconsolidated trading companies | 752,952 | (1,480,354) | 3,039,485 | 580,502 |
Net gain/(loss) on investments | (800,763) | 3,137,315 | 2,191,106 | 11,095,288 |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (1,367,367) | 2,371,074 | (532,301) | 7,573,832 |
Less: Operations attributable to non-controlling interests | (504,446) | 1,485,532 | (1,225,801) | 4,476,587 |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (862,922) | 885,542 | 693,500 | 3,097,245 |
Equinox Frontier Diversified Fund [Member] | US Treasury Securities [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net realized gain/(loss) on investments | 432,470 | (1,851,345) | (133,349) | |
Net unrealized gain/(loss) on investments | (612,891) | 782,556 | (625,858) | (198,660) |
Equinox Frontier Diversified Fund [Member] | Private Investment Companies [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net unrealized gain/(loss) on investments | 804,777 | 296,589 | ||
Equinox Frontier Diversified Fund [Member] | Futures And Forwards [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net realized gain/(loss) on investments | (423,595) | (281,983) | (294,279) | 8,599,684 |
Equinox Frontier Diversified Fund [Member] | Swap [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net realized gain/(loss) on investments | ||||
Net unrealized gain/(loss) on investments | 302,129 | 531,624 | 1,450,864 | (1,576,384) |
Equinox Frontier Diversified Fund [Member] | Class One [Member] | ||||
Expenses: | ||||
Service Fees | $ 54,344 | $ 97,034 | $ 192,417 | $ 327,202 |
Equinox Frontier Diversified 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 | $ (2.27) | $ 1.45 | $ 0.27 | $ 3.91 |
Equinox Frontier Diversified 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 | (1.98) | 2.19 | 2.03 | 6.01 |
Equinox Frontier Diversified 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 | $ (1.75) | $ 2.09 | $ 2.11 | $ 5.76 |
Equinox Frontier Masters Fund [Member] | ||||
Investment income/(loss): | ||||
Interest - net | $ 23,296 | $ 62,881 | $ 116,817 | $ 202,700 |
Total Income | 23,296 | 62,881 | 116,817 | 202,700 |
Expenses: | ||||
Incentive Fees | 242,029 | 576,374 | ||
Management Fees | 173,088 | 282,097 | 534,244 | |
Trading Fees | 114,515 | 141,248 | 374,686 | 442,582 |
Other Fees | ||||
Total Expenses | 148,422 | 366,465 | 1,016,731 | 1,731,320 |
Investment (loss) - net | (125,126) | (303,584) | (899,914) | (1,528,620) |
Realized and unrealized gain/(loss) on investments: | ||||
Trading commissions | (11) | (21) | ||
Change in fair value of investments in unconsolidated trading companies | 165,989 | 730,420 | 1,803,163 | 912,290 |
Net gain/(loss) on investments | 66,778 | 1,049,605 | 2,328,331 | 1,059,161 |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (58,348) | 746,021 | 1,428,417 | (469,459) |
Less: Operations attributable to non-controlling interests | ||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (58,348) | 746,021 | 1,428,417 | (469,459) |
Equinox Frontier Masters Fund [Member] | US Treasury Securities [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net realized gain/(loss) on investments | 207,576 | (476,517) | (56,105) | |
Net unrealized gain/(loss) on investments | (306,776) | 319,185 | 48,672 | (90,763) |
Equinox Frontier Masters Fund [Member] | Private Investment Companies [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net unrealized gain/(loss) on investments | 295,116 | (41,047) | ||
Equinox Frontier Masters Fund [Member] | Class One [Member] | ||||
Expenses: | ||||
Service Fees | $ 33,907 | $ 52,129 | $ 117,919 | $ 178,120 |
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 | $ (0.81) | $ 3.30 | $ 6.17 | $ (3.30) |
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 | (0.31) | 4.22 | 8.70 | (1.99) |
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 | $ (0.20) | $ 3.99 | $ 8.32 | $ (1.62) |
Equinox Frontier Long Short Commodity Fund [Member] | ||||
Investment income/(loss): | ||||
Interest - net | $ 29,827 | $ 37,213 | $ 120,018 | |
Total Income | 29,827 | 37,213 | 120,018 | |
Expenses: | ||||
Incentive Fees | 14,316 | 134,601 | 293,682 | |
Management Fees | 6,851 | 135,721 | 266,967 | 389,994 |
Trading Fees | 37,307 | 58,174 | 144,846 | 192,252 |
Other Fees | 6,787 | 13,120 | ||
Total Expenses | 65,347 | 233,914 | 613,325 | 963,160 |
Investment (loss) - net | (65,347) | (204,087) | (576,112) | (843,142) |
Realized and unrealized gain/(loss) on investments: | ||||
Net change in open trade equity/(deficit) | 847,287 | |||
Trading commissions | 7 | (1,091) | ||
Change in fair value of investments in unconsolidated trading companies | (526,445) | (1,131,595) | (401,634) | 290,624 |
Net gain/(loss) on investments | (263,816) | (1,047,364) | 242,432 | (137,226) |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (329,163) | (1,251,451) | (333,680) | (980,368) |
Less: Operations attributable to non-controlling interests | 141,518 | |||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (329,162) | (1,251,451) | (475,198) | (980,368) |
Equinox Frontier Long Short Commodity Fund [Member] | US Treasury Securities [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net realized gain/(loss) on investments | (139,693) | (23,463) | (33,886) | |
Net unrealized gain/(loss) on investments | 288,423 | 139,071 | (413,876) | 78,046 |
Equinox Frontier Long Short Commodity Fund [Member] | Private Investment Companies [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net unrealized gain/(loss) on investments | (432,935) | (570,047) | ||
Equinox Frontier Long Short Commodity Fund [Member] | Futures And Forwards [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net realized gain/(loss) on investments | (518,538) | |||
Equinox Frontier Long Short Commodity Fund [Member] | Swap [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net realized gain/(loss) on investments | ||||
Net unrealized gain/(loss) on investments | 113,899 | (54,840) | (74,005) | 383,691 |
Equinox Frontier Long Short Commodity Fund [Member] | Class One [Member] | ||||
Expenses: | ||||
Service Fees | $ 14,402 | $ 25,703 | $ 53,791 | $ 87,232 |
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 | $ (4.99) | $ (11.63) | $ (6.54) | $ (1.77) |
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 | (3.68) | (11.63) | (5.37) | (1.77) |
Equinox Frontier Long Short Commodity Fund [Member] | Owner Class One A [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 | (3.21) | (8.87) | (5.02) | (2.82) |
Equinox Frontier Long Short Commodity Fund [Member] | Owner Class Two A [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 | (3.49) | (9.30) | (4.42) | (1.68) |
Equinox Frontier Long Short Commodity Fund [Member] | Owner Class Three A [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 | $ (2.15) | $ (9.34) | $ (3.39) | $ (1.47) |
Equinox Frontier Balanced Fund [Member] | ||||
Investment income/(loss): | ||||
Interest - net | $ 2,752 | $ 7,127 | $ 15,992 | $ 22,320 |
Total Income | 2,635 | 7,127 | 15,992 | 22,320 |
Expenses: | ||||
Incentive Fees | 717,152 | 104,130 | 2,063,001 | 1,600,604 |
Management Fees | 273,609 | 254,315 | 693,891 | 781,287 |
Trading Fees | 371,721 | 179,140 | 729,679 | 568,628 |
Other Fees | 3,268 | 6,834 | ||
Total Expenses | 1,859,410 | 1,047,725 | 4,894,730 | 4,579,541 |
Investment (loss) - net | (1,856,658) | (1,040,598) | (4,911,467) | (4,557,221) |
Realized and unrealized gain/(loss) on investments: | ||||
Net change in open trade equity/(deficit) | 1,132,903 | 1,975,443 | 1,313,083 | (438,313) |
Trading commissions | (20,037) | (111,459) | (149,493) | (377,897) |
Change in fair value of investments in unconsolidated trading companies | 63,873 | 935,070 | 3,521,980 | 5,603,283 |
Net gain/(loss) on investments | 2,342,951 | (16,101) | 8,136,779 | 4,635,694 |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | 486,293 | (1,056,699) | 3,225,312 | 78,473 |
Less: Operations attributable to non-controlling interests | 242,432 | 105,139 | 816,375 | 461,285 |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | 243,862 | (1,161,838) | 2,408,937 | (382,812) |
Equinox Frontier Balanced Fund [Member] | US Treasury Securities [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net realized gain/(loss) on investments | 625,489 | (2,885,429) | (215,325) | |
Net unrealized gain/(loss) on investments | (1,045,152) | 1,204,756 | (1,086,605) | 184,293 |
Equinox Frontier Balanced Fund [Member] | Private Investment Companies [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net unrealized gain/(loss) on investments | 445,025 | 91,519 | ||
Equinox Frontier Balanced Fund [Member] | Futures And Forwards [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net realized gain/(loss) on investments | 1,012,755 | (3,537,771) | 4,223,196 | 55,049 |
Equinox Frontier Balanced Fund [Member] | Swap [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net unrealized gain/(loss) on investments | 573,120 | (482,140) | 2,570,811 | 237,460 |
Equinox Frontier Balanced Fund [Member] | Class One [Member] | ||||
Expenses: | ||||
Service Fees | $ 493,659 | $ 510,140 | $ 1,434,054 | $ 1,629,022 |
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 | $ 0.02 | $ (1.92) | $ 2.49 | $ (1.64) |
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 | 1.46 | (1.29) | 7.69 | 1.79 |
Equinox Frontier Balanced Fund [Member] | Owner Class One A [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 | 5.72 | 1.33 | ||
Equinox Frontier Balanced Fund [Member] | Owner Class Two A [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 | 1.41 | (0.74) | 7.47 | 2.60 |
Equinox Frontier Balanced Fund [Member] | Owner Class Three A [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 | 1.40 | (0.74) | $ 7.44 | $ 2.59 |
Equinox Frontier Balanced Fund [Member] | Owner Class One AP [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 | $ 1.08 | $ (0.96) | ||
Equinox Frontier Select Fund [Member] | ||||
Investment income/(loss): | ||||
Interest - net | ||||
Total Income | ||||
Expenses: | ||||
Incentive Fees | 4,472 | 44,339 | 158,971 | |
Management Fees | 96,115 | 76,094 | 234,838 | 234,372 |
Trading Fees | 46,641 | 26,464 | 96,943 | 84,811 |
Other Fees | ||||
Total Expenses | 232,287 | 197,625 | 640,328 | 782,089 |
Investment (loss) - net | (232,287) | (197,625) | (640,328) | (782,089) |
Realized and unrealized gain/(loss) on investments: | ||||
Net change in open trade equity/(deficit) | (1,318,406) | 345,106 | 275,957 | (298,983) |
Trading commissions | (12,109) | (32,220) | (75,329) | (98,116) |
Change in fair value of investments in unconsolidated trading companies | (67,155) | 129,507 | 184,396 | 305,243 |
Net gain/(loss) on investments | 10,160 | 1,808,306 | 2,552,344 | 478,417 |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (222,127) | 1,610,681 | 1,912,016 | (303,672) |
Less: Operations attributable to non-controlling interests | 12,448 | 714,830 | 1,005,265 | 30,593 |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (234,575) | 895,851 | 906,751 | (334,265) |
Equinox Frontier Select Fund [Member] | US Treasury Securities [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net realized gain/(loss) on investments | 119,041 | (70,924) | (12,618) | |
Net unrealized gain/(loss) on investments | (195,939) | 58,154 | (7,665) | (90,894) |
Equinox Frontier Select Fund [Member] | Private Investment Companies [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net unrealized gain/(loss) on investments | ||||
Equinox Frontier Select Fund [Member] | Futures And Forwards [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net realized gain/(loss) on investments | 1,484,728 | 2,104,061 | 466,761 | |
Net unrealized gain/(loss) on investments | 1,307,759 | |||
Equinox Frontier Select Fund [Member] | Private Investment Companies [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net unrealized gain/(loss) on investments | ||||
Equinox Frontier Select Fund [Member] | Class One [Member] | ||||
Expenses: | ||||
Service Fees | $ 85,059 | $ 95,067 | $ 264,208 | $ 303,935 |
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 | $ (1.86) | $ 5.85 | $ 5.91 | $ (2.45) |
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 | (1.57) | 8.94 | 11.24 | (0.45) |
Equinox Frontier Select Fund [Member] | Owner Class One AP [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 | $ (1.18) | $ 6.74 | $ 8.47 | $ (0.34) |
Equinox Frontier Winton Fund [Member] | ||||
Investment income/(loss): | ||||
Interest - net | $ 1 | $ 176 | $ 28 | |
Total Income | 1 | 176 | 28 | |
Expenses: | ||||
Incentive Fees | 99,067 | 715,409 | ||
Management Fees | 361,683 | 289,752 | 902,598 | 920,069 |
Trading Fees | 78,021 | 69,319 | 211,237 | 221,279 |
Total Expenses | 620,098 | 543,267 | 1,742,974 | 2,444,415 |
Investment (loss) - net | (620,098) | (543,266) | (1,742,798) | (2,444,387) |
Realized and unrealized gain/(loss) on investments: | ||||
Net change in open trade equity/(deficit) | (4,733,320) | (73,306) | (124,271) | (73,306) |
Trading commissions | (4,870) | (22,381) | (50,345) | (22,381) |
Change in fair value of investments in unconsolidated trading companies | (199,121) | 512,666 | (1,285,060) | 894,655 |
Net gain/(loss) on investments | (1,783,567) | 1,646,828 | 3,279,817 | 1,524,171 |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (2,403,665) | 1,103,562 | 1,537,019 | (920,216) |
Less: Operations attributable to non-controlling interests | (760,235) | 218,499 | 1,438,421 | 218,499 |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (1,643,430) | 885,063 | 98,598 | (1,138,715) |
Equinox Frontier Winton Fund [Member] | US Treasury Securities [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net realized gain/(loss) on investments | 779,554 | (1,975,992) | (111,554) | |
Net unrealized gain/(loss) on investments | (1,183,108) | 672,319 | (837,849) | (56,127) |
Equinox Frontier Winton Fund [Member] | Futures And Forwards [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net realized gain/(loss) on investments | 3,557,298 | 557,530 | 3,601,350 | 557,530 |
Equinox Frontier Winton Fund [Member] | Class One [Member] | ||||
Expenses: | ||||
Service Fees | $ 180,394 | $ 184,196 | $ 530,072 | $ 587,658 |
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 | $ (8.31) | $ 3.50 | $ (0.95) | $ (6.60) |
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 | (9.47) | 6.25 | 3.69 | (3.55) |
Equinox Frontier Winton Fund [Member] | Owner Class One AP [Member] | ||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | ||||
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS PER UNIT | $ (7.46) | $ 4.93 | $ 2.91 | $ (2.79) |
Equinox Frontier Heritage Fund [Member] | ||||
Investment income/(loss): | ||||
Interest - net | $ 1 | $ 1 | ||
Total Income | 1 | 1 | ||
Expenses: | ||||
Incentive Fees | 9,072 | 132,676 | ||
Management Fees | 23,697 | 67,180 | 147,416 | 216,064 |
Trading Fees | 20,665 | 23,325 | 61,341 | 74,079 |
Total Expenses | 105,695 | 160,206 | 410,588 | 644,511 |
Investment (loss) - net | (105,695) | (160,205) | (410,588) | (644,510) |
Realized and unrealized gain/(loss) on investments: | ||||
Trading commissions | (7) | (7,016) | ||
Change in fair value of investments in unconsolidated trading companies | (158,995) | 105,347 | 37,288 | 227,692 |
Net gain/(loss) on investments | (386,484) | 677,482 | 807,948 | 955,122 |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS | (492,179) | 517,277 | 397,360 | 310,612 |
Less: Operations attributable to non-controlling interests | (62,514) | 197,559 | 269,675 | 325,075 |
NET INCREASE/(DECREASE) IN CAPITAL RESULTING FROM OPERATIONS ATTRIBUTABLE TO CONTROLLING INTERESTS | (429,665) | 319,718 | 127,685 | (14,463) |
Equinox Frontier Heritage Fund [Member] | US Treasury Securities [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net realized gain/(loss) on investments | 134,865 | (389,452) | (25,632) | |
Net unrealized gain/(loss) on investments | (229,909) | 148,545 | 151,373 | (9,419) |
Equinox Frontier Heritage Fund [Member] | Swap [Member] | ||||
Realized and unrealized gain/(loss) on investments: | ||||
Net realized gain/(loss) on investments | ||||
Net unrealized gain/(loss) on investments | (132,438) | 423,590 | (539,597) | (692,376) |
Equinox Frontier Heritage Fund [Member] | Class One [Member] | ||||
Expenses: | ||||
Service Fees | $ 61,333 | $ 69,701 | $ 192,759 | $ 221,692 |
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 | $ (5.13) | $ 3.05 | $ 0.37 | $ (1.13) |
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 | (5.89) | 5.54 | 4.51 | 2.43 |
Equinox Frontier Heritage Fund [Member] | Owner Class One AP [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 | $ (4.41) | $ 4.14 | $ 3.37 | $ 1.82 |
Statements of Changes in Owners
Statements of Changes in Owners' Capital (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended | |
Sep. 30, 2016 | Sep. 30, 2016 | ||
Equinox Frontier Diversified Fund [Member] | Class One [Member] | Limited Owners [Member] | |||
Owners' Capital, Beginning balance | $ 11,814,234 | ||
Sale of Units | 555,704 | ||
Redemption of Units | (591,836) | ||
Transfer of Units In(Out) | (5,531,885) | ||
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 | 245,036 | ||
Owners' Capital, Ending balance | $ 6,491,253 | $ 6,491,253 | |
Owners' Capital - Units, Beginning balance | 102,269 | ||
Owners' Capital - Units, Sale of Units | 4,650 | ||
Owners' Capital - Units, Redemption of Units | (50,860) | ||
Owners' Capital - Units, Ending balance | 56,059 | 56,059 | |
Net asset value per unit, Beginning balance | $ 115.52 | ||
Change in net asset value per unit for the period | 0.27 | ||
Net asset value per unit, Ending balance | $ 115.79 | 115.79 | |
Equinox Frontier Diversified Fund [Member] | Class One [Member] | |||
Net asset value per unit, Beginning balance | [1] | 118.06 | 115.52 |
Net asset value per unit, Ending balance | [1] | $ 115.79 | $ 115.79 |
Equinox Frontier Diversified Fund [Member] | Class Two [Member] | Limited Owners [Member] | |||
Owners' Capital, Beginning balance | $ 32,016,842 | ||
Sale of Units | 4,398,375 | ||
Redemption of Units | (4,950,672) | ||
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 | 2,399,967 | ||
Owners' Capital, Ending balance | $ 35,296,599 | $ 35,296,599 | |
Owners' Capital - Units, Beginning balance | 247,052 | ||
Owners' Capital - Units, Sale of Units | 32,429 | ||
Owners' Capital - Units, Redemption of Units | (26,565) | ||
Owners' Capital - Units, Ending balance | 252,915 | 252,915 | |
Net asset value per unit, Beginning balance | [2] | $ 129.60 | |
Change in net asset value per unit for the period | [2] | 2.03 | |
Net asset value per unit, Ending balance | [2] | $ 131.63 | $ 131.63 |
Equinox Frontier Diversified Fund [Member] | Class Two [Member] | Managing Owner [Member] | |||
Owners' Capital, Beginning balance | $ 2,616,258 | ||
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 | (1,964,807) | ||
Owners' Capital, Ending balance | $ 651,451 | $ 651,451 | |
Owners' Capital - Units, Beginning balance | 20,188 | ||
Owners' Capital - Units, Sale of Units | |||
Owners' Capital - Units, Redemption of Units | |||
Owners' Capital - Units, Ending balance | 20,188 | 20,188 | |
Net asset value per unit, Beginning balance | [2] | $ 129.60 | |
Change in net asset value per unit for the period | [2] | 2.03 | |
Net asset value per unit, Ending balance | [2] | $ 131.63 | $ 131.63 |
Equinox Frontier Diversified Fund [Member] | Class Two [Member] | |||
Owners' Capital - Units, Beginning balance | 267,240 | ||
Net asset value per unit, Beginning balance | [1] | 133.61 | $ 129.60 |
Change in net asset value per unit for the period | 2.03 | ||
Net asset value per unit, Ending balance | [1] | $ 131.63 | $ 131.63 |
Equinox Frontier Diversified Fund [Member] | Class Three [Member] | Limited Owners [Member] | |||
Owners' Capital, Beginning balance | $ 9,234,668 | ||
Sale of Units | |||
Redemption of Units | (1,623,278) | ||
Transfer of Units In(Out) | 5,531,885 | ||
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 | 12,725 | ||
Owners' Capital, Ending balance | $ 13,155,999 | $ 13,155,999 | |
Owners' Capital - Units, Beginning balance | 77,041 | ||
Owners' Capital - Units, Sale of Units | 44,001 | ||
Owners' Capital - Units, Redemption of Units | (13,185) | ||
Owners' Capital - Units, Ending balance | 107,856 | 107,856 | |
Net asset value per unit, Beginning balance | [2] | $ 119.87 | |
Change in net asset value per unit for the period | [2] | 2.11 | |
Net asset value per unit, Ending balance | [2] | $ 121.98 | $ 121.98 |
Equinox Frontier Diversified Fund [Member] | Class Three [Member] | Managing Owner [Member] | |||
Owners' Capital, Beginning balance | $ 32,964 | ||
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 | 580 | ||
Owners' Capital, Ending balance | $ 33,544 | $ 33,544 | |
Owners' Capital - Units, Beginning balance | 275 | ||
Owners' Capital - Units, Sale of Units | |||
Owners' Capital - Units, Redemption of Units | |||
Owners' Capital - Units, Ending balance | 275 | 275 | |
Net asset value per unit, Beginning balance | [2] | $ 119.87 | |
Change in net asset value per unit for the period | [2] | 2.11 | |
Net asset value per unit, Ending balance | [2] | $ 121.98 | 121.98 |
Equinox Frontier Diversified Fund [Member] | Class Three [Member] | |||
Net asset value per unit, Beginning balance | [1] | 123.73 | 119.87 |
Change in net asset value per unit for the period | 2.11 | ||
Net asset value per unit, Ending balance | [1] | $ 121.98 | $ 121.98 |
Equinox Frontier Diversified Fund [Member] | Noncontrolling Interest [Member] | |||
Owners' Capital, Beginning balance | |||
Sale of Units | |||
Redemption of Units | |||
Transfer of Units In(Out) | |||
Change in control of ownership - Trading Companies | 5,582,271 | ||
Change in control of ownership - Private investment companies | 2,455,344 | ||
Payment made by the Managing Owner | |||
Operations attributable to non-controlling interests | (1,225,801) | ||
Net increase/(decrease) in Owners' Capital resulting from operations | |||
Owners' Capital, Ending balance | $ 6,811,814 | 6,811,814 | |
Equinox Frontier Diversified Fund [Member] | |||
Owners' Capital, Beginning balance | 55,714,966 | ||
Sale of Units | 6,386,166 | ||
Redemption of Units | (7,165,786) | ||
Transfer of Units In(Out) | |||
Change in control of ownership - Trading Companies | 5,582,271 | ||
Change in control of ownership - Private investment companies | 2,455,344 | ||
Payment made by the Managing Owner | |||
Operations attributable to non-controlling interests | (504,446) | (1,225,801) | |
Net increase/(decrease) in Owners' Capital resulting from operations | (862,922) | 693,500 | |
Owners' Capital, Ending balance | 62,440,660 | 62,440,660 | |
Equinox Frontier Masters Fund [Member] | Class One [Member] | Limited Owners [Member] | |||
Owners' Capital, Beginning balance | 8,323,800 | ||
Sale of Units | 121,322 | ||
Redemption of Units | (1,205,302) | ||
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 | 421,106 | ||
Owners' Capital, Ending balance | $ 5,825,767 | $ 5,825,767 | |
Owners' Capital - Units, Beginning balance | 73,747 | ||
Owners' Capital - Units, Sale of Units | 1,011 | ||
Owners' Capital - Units, Redemption of Units | (25,819) | ||
Owners' Capital - Units, Ending balance | 48,939 | 48,939 | |
Net asset value per unit, Beginning balance | $ 112.87 | ||
Change in net asset value per unit for the period | 6.17 | ||
Net asset value per unit, Ending balance | $ 119.04 | 119.04 | |
Equinox Frontier Masters Fund [Member] | Class One [Member] | |||
Net asset value per unit, Beginning balance | [1] | 119.85 | 112.87 |
Net asset value per unit, Ending balance | [1] | $ 119.04 | $ 119.04 |
Equinox Frontier Masters Fund [Member] | Class Two [Member] | Limited Owners [Member] | |||
Owners' Capital, Beginning balance | $ 7,180,967 | ||
Sale of Units | 157,500 | ||
Redemption of Units | (2,271,941) | ||
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 | 860,459 | ||
Owners' Capital, Ending balance | $ 5,926,985 | $ 5,926,985 | |
Owners' Capital - Units, Beginning balance | 56,720 | ||
Owners' Capital - Units, Sale of Units | 1,216 | ||
Owners' Capital - Units, Redemption of Units | (11,516) | ||
Owners' Capital - Units, Ending balance | 40,793 | 40,793 | |
Net asset value per unit, Beginning balance | [2] | $ 126.60 | |
Change in net asset value per unit for the period | [2] | 8.70 | |
Net asset value per unit, Ending balance | [2] | $ 135.30 | $ 135.30 |
Equinox Frontier Masters Fund [Member] | Class Two [Member] | Managing Owner [Member] | |||
Owners' Capital, Beginning balance | $ 712,391 | ||
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 | (358,643) | ||
Owners' Capital, Ending balance | $ 353,748 | $ 353,748 | |
Owners' Capital - Units, Beginning balance | 5,627 | ||
Owners' Capital - Units, Sale of Units | |||
Owners' Capital - Units, Redemption of Units | |||
Owners' Capital - Units, Ending balance | 5,627 | 5,627 | |
Net asset value per unit, Beginning balance | [2] | $ 126.60 | |
Change in net asset value per unit for the period | [2] | 8.70 | |
Net asset value per unit, Ending balance | [2] | $ 135.30 | 135.30 |
Equinox Frontier Masters Fund [Member] | Class Two [Member] | |||
Net asset value per unit, Beginning balance | [1] | 135.61 | 126.60 |
Change in net asset value per unit for the period | 8.70 | ||
Net asset value per unit, Ending balance | [1] | $ 135.30 | $ 135.30 |
Equinox Frontier Masters Fund [Member] | Class Three [Member] | Limited Owners [Member] | |||
Owners' Capital, Beginning balance | $ 6,578,809 | ||
Sale of Units | |||
Redemption of Units | (1,668,117) | ||
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 | 503,209 | ||
Owners' Capital, Ending balance | $ 7,249,059 | $ 7,249,059 | |
Owners' Capital - Units, Beginning balance | 55,955 | ||
Owners' Capital - Units, Sale of Units | 14,898 | ||
Owners' Capital - Units, Redemption of Units | (13,269) | ||
Owners' Capital - Units, Ending balance | 57,584 | 57,584 | |
Net asset value per unit, Beginning balance | [2] | $ 117.57 | |
Change in net asset value per unit for the period | [2] | 8.32 | |
Net asset value per unit, Ending balance | [2] | $ 125.89 | $ 125.89 |
Equinox Frontier Masters Fund [Member] | Class Three [Member] | Managing Owner [Member] | |||
Owners' Capital, Beginning balance | $ 32,332 | ||
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 | 2,287 | ||
Owners' Capital, Ending balance | $ 34,619 | $ 34,619 | |
Owners' Capital - Units, Beginning balance | 275 | ||
Owners' Capital - Units, Sale of Units | |||
Owners' Capital - Units, Redemption of Units | |||
Owners' Capital - Units, Ending balance | 275 | 275 | |
Net asset value per unit, Beginning balance | [2] | $ 117.57 | |
Change in net asset value per unit for the period | [2] | 8.32 | |
Net asset value per unit, Ending balance | [2] | $ 125.89 | 125.89 |
Equinox Frontier Masters Fund [Member] | Class Three [Member] | |||
Net asset value per unit, Beginning balance | [1] | 126.09 | 117.57 |
Change in net asset value per unit for the period | 8.32 | ||
Net asset value per unit, Ending balance | [1] | $ 125.89 | $ 125.89 |
Equinox Frontier Masters Fund [Member] | Noncontrolling Interest [Member] | |||
Owners' Capital, Beginning balance | |||
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 | |||
Owners' Capital, Ending balance | |||
Equinox Frontier Masters Fund [Member] | |||
Owners' Capital, Beginning balance | 22,828,299 | ||
Sale of Units | 278,822 | ||
Redemption of Units | (5,145,360) | ||
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 | (58,348) | 1,428,417 | |
Owners' Capital, Ending balance | 19,390,178 | 19,390,178 | |
Equinox Frontier Long Short Commodity Fund [Member] | Class Two [Member] | Limited Owners [Member] | |||
Owners' Capital, Beginning balance | 586,345 | ||
Sale of Units | |||
Redemption of Units | (163,914) | ||
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 | 73,554 | ||
Owners' Capital, Ending balance | $ 495,985 | $ 495,985 | |
Owners' Capital - Units, Beginning balance | 4,439 | ||
Owners' Capital - Units, Sale of Units | |||
Owners' Capital - Units, Redemption of Units | (1,256) | ||
Owners' Capital - Units, Ending balance | 3,183 | 3,183 | |
Net asset value per unit, Beginning balance | [2] | $ 132.10 | |
Change in net asset value per unit for the period | [2] | (6.54) | |
Net asset value per unit, Ending balance | [2] | $ 125.56 | $ 125.56 |
Equinox Frontier Long Short Commodity Fund [Member] | Class Two [Member] | Managing Owner [Member] | |||
Owners' Capital, Beginning balance | $ 407,255 | ||
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 | (116,518) | ||
Owners' Capital, Ending balance | $ 290,737 | $ 290,737 | |
Owners' Capital - Units, Beginning balance | 3,083 | ||
Owners' Capital - Units, Sale of Units | |||
Owners' Capital - Units, Redemption of Units | |||
Owners' Capital - Units, Ending balance | 3,083 | 3,083 | |
Net asset value per unit, Beginning balance | [2] | $ 132.10 | |
Change in net asset value per unit for the period | [2] | (6.54) | |
Net asset value per unit, Ending balance | [2] | $ 125.56 | 125.56 |
Equinox Frontier Long Short Commodity Fund [Member] | Class Two [Member] | |||
Net asset value per unit, Beginning balance | [1] | 130.55 | 132.10 |
Change in net asset value per unit for the period | (6.53) | ||
Net asset value per unit, Ending balance | [1] | $ 125.56 | $ 125.56 |
Equinox Frontier Long Short Commodity Fund [Member] | Class Three [Member] | Limited Owners [Member] | |||
Owners' Capital, Beginning balance | $ 5,906,669 | ||
Sale of Units | |||
Redemption of Units | (1,156,924) | ||
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 | (193,129) | ||
Owners' Capital, Ending balance | $ 4,556,616 | $ 4,556,616 | |
Owners' Capital - Units, Beginning balance | 44,702 | ||
Owners' Capital - Units, Sale of Units | |||
Owners' Capital - Units, Redemption of Units | (8,758) | ||
Owners' Capital - Units, Ending balance | 35,944 | 35,944 | |
Net asset value per unit, Beginning balance | $ 132.14 | ||
Change in net asset value per unit for the period | (5.37) | ||
Net asset value per unit, Ending balance | $ 126.77 | 126.77 | |
Equinox Frontier Long Short Commodity Fund [Member] | Class Three [Member] | |||
Net asset value per unit, Beginning balance | [1] | 130.45 | 132.14 |
Net asset value per unit, Ending balance | [1] | $ 126.77 | $ 126.77 |
Equinox Frontier Long Short Commodity Fund [Member] | Class Onea [Member] | Limited Owners [Member] | |||
Owners' Capital, Beginning balance | $ 4,053,754 | ||
Sale of Units | |||
Redemption of Units | (1,137,511) | ||
Transfer of Units In(Out) | (220,002) | ||
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 | (164,677) | ||
Owners' Capital, Ending balance | $ 2,531,567 | $ 2,531,567 | |
Owners' Capital - Units, Beginning balance | 42,778 | ||
Owners' Capital - Units, Sale of Units | |||
Owners' Capital - Units, Redemption of Units | (14,566) | ||
Owners' Capital - Units, Ending balance | 28,212 | 28,212 | |
Net asset value per unit, Beginning balance | $ 94.76 | ||
Change in net asset value per unit for the period | (5.02) | ||
Net asset value per unit, Ending balance | $ 89.74 | 89.74 | |
Equinox Frontier Long Short Commodity Fund [Member] | Class Onea [Member] | |||
Net asset value per unit, Beginning balance | [1] | 92.95 | 94.76 |
Net asset value per unit, Ending balance | [1] | $ 89.74 | $ 89.74 |
Equinox Frontier Long Short Commodity Fund [Member] | Class Twoa [Member] | Limited Owners [Member] | |||
Owners' Capital, Beginning balance | $ 1,051,694 | ||
Sale of Units | |||
Redemption of Units | (278,115) | ||
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 | (36,569) | ||
Owners' Capital, Ending balance | $ 737,010 | $ 737,010 | |
Owners' Capital - Units, Beginning balance | 9,905 | ||
Owners' Capital - Units, Sale of Units | |||
Owners' Capital - Units, Redemption of Units | (2,663) | ||
Owners' Capital - Units, Ending balance | 7,242 | 7,242 | |
Net asset value per unit, Beginning balance | [2] | $ 106.19 | |
Change in net asset value per unit for the period | [2] | (4.42) | |
Net asset value per unit, Ending balance | [2] | $ 101.77 | $ 101.77 |
Equinox Frontier Long Short Commodity Fund [Member] | Class Twoa [Member] | Managing Owner [Member] | |||
Owners' Capital, Beginning balance | $ 235,971 | ||
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 | (9,812) | ||
Owners' Capital, Ending balance | $ 226,159 | $ 226,159 | |
Owners' Capital - Units, Beginning balance | 2,222 | ||
Owners' Capital - Units, Sale of Units | |||
Owners' Capital - Units, Redemption of Units | |||
Owners' Capital - Units, Ending balance | 2,222 | 2,222 | |
Net asset value per unit, Beginning balance | [2] | $ 106.19 | |
Change in net asset value per unit for the period | [2] | (4.42) | |
Net asset value per unit, Ending balance | [2] | $ 101.77 | 101.77 |
Equinox Frontier Long Short Commodity Fund [Member] | Class Twoa [Member] | |||
Net asset value per unit, Beginning balance | [1] | 105.26 | 106.19 |
Change in net asset value per unit for the period | (4.42) | ||
Net asset value per unit, Ending balance | [1] | $ 101.77 | $ 101.77 |
Equinox Frontier Long Short Commodity Fund [Member] | Class Threea [Member] | Limited Owners [Member] | |||
Owners' Capital, Beginning balance | $ 839,473 | ||
Sale of Units | |||
Redemption of Units | (160,210) | ||
Transfer of Units In(Out) | 220,002 | ||
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 | (27,681) | ||
Owners' Capital, Ending balance | $ 871,585 | $ 871,585 | |
Owners' Capital - Units, Beginning balance | 7,856 | ||
Owners' Capital - Units, Sale of Units | 2,081 | ||
Owners' Capital - Units, Redemption of Units | (1,513) | ||
Owners' Capital - Units, Ending balance | 8,424 | 8,424 | |
Net asset value per unit, Beginning balance | [2] | $ 106.86 | |
Change in net asset value per unit for the period | [2] | (3.39) | |
Net asset value per unit, Ending balance | [2] | $ 103.47 | $ 103.47 |
Equinox Frontier Long Short Commodity Fund [Member] | Class Threea [Member] | Managing Owner [Member] | |||
Owners' Capital, Beginning balance | $ 11,690 | ||
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 | (371) | ||
Owners' Capital, Ending balance | $ 11,319 | $ 11,319 | |
Owners' Capital - Units, Beginning balance | 109 | ||
Owners' Capital - Units, Sale of Units | |||
Owners' Capital - Units, Redemption of Units | |||
Owners' Capital - Units, Ending balance | 109 | 109 | |
Net asset value per unit, Beginning balance | [2] | $ 106.86 | |
Change in net asset value per unit for the period | [2] | (3.39) | |
Net asset value per unit, Ending balance | [2] | $ 103.47 | 103.47 |
Equinox Frontier Long Short Commodity Fund [Member] | Class Threea [Member] | |||
Net asset value per unit, Beginning balance | [1] | 105.62 | 106.86 |
Change in net asset value per unit for the period | (3.39) | ||
Net asset value per unit, Ending balance | [1] | $ 103.47 | $ 103.47 |
Equinox Frontier Long Short Commodity Fund [Member] | Noncontrolling Interest [Member] | |||
Owners' Capital, Beginning balance | |||
Sale of Units | |||
Redemption of Units | |||
Transfer of Units In(Out) | |||
Change in control of ownership - Trading Companies | (2,674,849) | ||
Change in control of ownership - Private investment companies | 2,533,331 | ||
Payment made by the Managing Owner | |||
Operations attributable to non-controlling interests | 141,518 | ||
Net increase/(decrease) in Owners' Capital resulting from operations | |||
Owners' Capital, Ending balance | |||
Equinox Frontier Long Short Commodity Fund [Member] | |||
Owners' Capital, Beginning balance | 13,092,851 | ||
Sale of Units | |||
Redemption of Units | (2,896,674) | ||
Transfer of Units In(Out) | |||
Change in control of ownership - Trading Companies | (2,674,849) | ||
Change in control of ownership - Private investment companies | 2,533,331 | ||
Payment made by the Managing Owner | |||
Operations attributable to non-controlling interests | 141,518 | ||
Net increase/(decrease) in Owners' Capital resulting from operations | (329,162) | (475,198) | |
Owners' Capital, Ending balance | 9,720,978 | 9,720,978 | |
Equinox Frontier Balanced Fund [Member] | Class One [Member] | Limited Owners [Member] | |||
Owners' Capital, Beginning balance | 62,563,337 | ||
Sale of Units | 138,419 | ||
Redemption of Units | (5,881,056) | ||
Transfer of Units In(Out) | |||
Change in control of ownership - Trading Companies | |||
Change in control of ownership - Private investment companies | |||
Contributions | |||
Distributions | |||
Payment made by the Managing Owner | |||
Operations attributable to non-controlling interests | |||
Net increase/(decrease) in Owners' Capital resulting from operations | 1,278,924 | ||
Owners' Capital, Ending balance | $ 58,166,806 | $ 58,166,806 | |
Owners' Capital - Units, Beginning balance | 488,680 | ||
Owners' Capital - Units, Sale of Units | 1,049 | ||
Owners' Capital - Units, Redemption of Units | (44,062) | ||
Owners' Capital - Units, Ending balance | 445,667 | 445,667 | |
Net asset value per unit, Beginning balance | $ 128.03 | ||
Change in net asset value per unit for the period | 2.49 | ||
Net asset value per unit, Ending balance | $ 130.52 | 130.52 | |
Equinox Frontier Balanced Fund [Member] | Class One [Member] | |||
Net asset value per unit, Beginning balance | [1] | 130.50 | 128.03 |
Net asset value per unit, Ending balance | [1] | $ 130.52 | $ 130.52 |
Equinox Frontier Balanced Fund [Member] | Class Two [Member] | Limited Owners [Member] | |||
Owners' Capital, Beginning balance | $ 21,278,864 | ||
Sale of Units | 14,548 | ||
Redemption of Units | (1,643,136) | ||
Transfer of Units In(Out) | |||
Change in control of ownership - Trading Companies | |||
Change in control of ownership - Private investment companies | |||
Contributions | |||
Distributions | |||
Payment made by the Managing Owner | |||
Operations attributable to non-controlling interests | |||
Net increase/(decrease) in Owners' Capital resulting from operations | 1,398,950 | ||
Owners' Capital, Ending balance | $ 21,049,226 | $ 21,049,226 | |
Owners' Capital - Units, Beginning balance | 118,419 | ||
Owners' Capital - Units, Sale of Units | 78 | ||
Owners' Capital - Units, Redemption of Units | (8,853) | ||
Owners' Capital - Units, Ending balance | 109,644 | 109,644 | |
Net asset value per unit, Beginning balance | [2] | $ 179.69 | |
Change in net asset value per unit for the period | [2] | 7.69 | |
Net asset value per unit, Ending balance | [2] | $ 187.38 | $ 187.38 |
Equinox Frontier Balanced Fund [Member] | Class Two [Member] | Managing Owner [Member] | |||
Owners' Capital, Beginning balance | $ 1,429,544 | ||
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 | |||
Contributions | |||
Distributions | |||
Payment made by the Managing Owner | |||
Operations attributable to non-controlling interests | |||
Net increase/(decrease) in Owners' Capital resulting from operations | (443,045) | ||
Owners' Capital, Ending balance | $ 986,499 | $ 986,499 | |
Owners' Capital - Units, Beginning balance | 7,956 | ||
Owners' Capital - Units, Sale of Units | |||
Owners' Capital - Units, Redemption of Units | |||
Owners' Capital - Units, Ending balance | 7,956 | 7,956 | |
Net asset value per unit, Beginning balance | [2] | $ 179.69 | |
Change in net asset value per unit for the period | [2] | 7.69 | |
Net asset value per unit, Ending balance | [2] | $ 187.38 | 187.38 |
Equinox Frontier Balanced Fund [Member] | Class Two [Member] | |||
Net asset value per unit, Beginning balance | [1] | 185.92 | 179.69 |
Change in net asset value per unit for the period | 7.69 | ||
Net asset value per unit, Ending balance | [1] | $ 187.38 | $ 187.38 |
Equinox Frontier Balanced Fund [Member] | Class Twoa [Member] | Limited Owners [Member] | |||
Owners' Capital, Beginning balance | $ 356,425 | ||
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 | |||
Contributions | |||
Distributions | |||
Payment made by the Managing Owner | |||
Operations attributable to non-controlling interests | |||
Net increase/(decrease) in Owners' Capital resulting from operations | 17,177 | ||
Owners' Capital, Ending balance | $ 373,602 | $ 373,602 | |
Owners' Capital - Units, Beginning balance | 2,302 | ||
Owners' Capital - Units, Sale of Units | 1,237 | ||
Owners' Capital - Units, Redemption of Units | |||
Owners' Capital - Units, Ending balance | 2,302 | 2,302 | |
Net asset value per unit, Beginning balance | [2] | $ 154.88 | |
Change in net asset value per unit for the period | [2] | 7.47 | |
Net asset value per unit, Ending balance | [2] | $ 162.35 | $ 162.35 |
Equinox Frontier Balanced Fund [Member] | Class Twoa [Member] | Managing Owner [Member] | |||
Owners' Capital, Beginning balance | $ 191,645 | ||
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 | |||
Contributions | |||
Distributions | |||
Payment made by the Managing Owner | |||
Operations attributable to non-controlling interests | |||
Net increase/(decrease) in Owners' Capital resulting from operations | 9,236 | ||
Owners' Capital, Ending balance | $ 200,881 | $ 200,881 | |
Owners' Capital - Units, Beginning balance | |||
Owners' Capital - Units, Sale of Units | |||
Owners' Capital - Units, Redemption of Units | |||
Owners' Capital - Units, Ending balance | 1,237 | 1,237 | |
Net asset value per unit, Beginning balance | [2] | $ 154.88 | |
Change in net asset value per unit for the period | [2] | 7.47 | |
Net asset value per unit, Ending balance | [2] | $ 162.35 | 162.35 |
Equinox Frontier Balanced Fund [Member] | Class Twoa [Member] | |||
Net asset value per unit, Beginning balance | [1] | 160.94 | 154.88 |
Change in net asset value per unit for the period | 7.47 | ||
Net asset value per unit, Ending balance | [1] | $ 162.35 | $ 162.35 |
Equinox Frontier Balanced Fund [Member] | Class Threea [Member] | Limited Owners [Member] | |||
Owners' Capital, Beginning balance | $ 2,435,421 | ||
Sale of Units | |||
Redemption of Units | (72,279) | ||
Transfer of Units In(Out) | |||
Change in control of ownership - Trading Companies | |||
Change in control of ownership - Private investment companies | |||
Contributions | |||
Distributions | |||
Payment made by the Managing Owner | |||
Operations attributable to non-controlling interests | |||
Net increase/(decrease) in Owners' Capital resulting from operations | 116,690 | ||
Owners' Capital, Ending balance | $ 2,479,832 | $ 2,479,832 | |
Owners' Capital - Units, Beginning balance | 15,776 | ||
Owners' Capital - Units, Sale of Units | |||
Owners' Capital - Units, Redemption of Units | (451) | ||
Owners' Capital - Units, Ending balance | 15,325 | 15,325 | |
Net asset value per unit, Beginning balance | $ 154.37 | ||
Change in net asset value per unit for the period | 7.44 | ||
Net asset value per unit, Ending balance | $ 161.81 | 161.81 | |
Equinox Frontier Balanced Fund [Member] | Class Threea [Member] | |||
Net asset value per unit, Beginning balance | [1] | 160.41 | 154.37 |
Net asset value per unit, Ending balance | [1] | $ 161.81 | $ 161.81 |
Equinox Frontier Balanced Fund [Member] | Class OneAP [Member] | Limited Owners [Member] | |||
Owners' Capital, Beginning balance | $ 714,747 | ||
Sale of Units | |||
Redemption of Units | (95,000) | ||
Transfer of Units In(Out) | |||
Change in control of ownership - Trading Companies | |||
Change in control of ownership - Private investment companies | |||
Contributions | |||
Distributions | |||
Payment made by the Managing Owner | |||
Operations attributable to non-controlling interests | |||
Net increase/(decrease) in Owners' Capital resulting from operations | 31,007 | ||
Owners' Capital, Ending balance | $ 650,754 | $ 650,754 | |
Owners' Capital - Units, Beginning balance | 5,351 | ||
Owners' Capital - Units, Sale of Units | |||
Owners' Capital - Units, Redemption of Units | (680) | ||
Owners' Capital - Units, Ending balance | 4,671 | 4,671 | |
Net asset value per unit, Beginning balance | $ 133.59 | ||
Change in net asset value per unit for the period | 5.72 | ||
Net asset value per unit, Ending balance | $ 139.31 | 139.31 | |
Equinox Frontier Balanced Fund [Member] | Class OneAP [Member] | |||
Net asset value per unit, Beginning balance | [1] | 138.23 | 133.59 |
Net asset value per unit, Ending balance | [1] | $ 139.31 | $ 139.31 |
Equinox Frontier Balanced Fund [Member] | Noncontrolling Interest [Member] | |||
Owners' Capital, Beginning balance | $ 1,151,741 | ||
Sale of Units | |||
Redemption of Units | |||
Transfer of Units In(Out) | |||
Change in control of ownership - Trading Companies | 6,907,649 | ||
Change in control of ownership - Private investment companies | 14,681,969 | ||
Contributions | |||
Distributions | |||
Payment made by the Managing Owner | |||
Operations attributable to non-controlling interests | 816,375 | ||
Net increase/(decrease) in Owners' Capital resulting from operations | |||
Owners' Capital, Ending balance | $ 23,557,735 | 23,557,735 | |
Equinox Frontier Balanced Fund [Member] | |||
Owners' Capital, Beginning balance | 90,121,724 | ||
Sale of Units | 152,968 | ||
Redemption of Units | (7,624,288) | ||
Transfer of Units In(Out) | |||
Change in control of ownership - Trading Companies | 6,907,649 | ||
Change in control of ownership - Private investment companies | 14,681,969 | ||
Contributions | |||
Distributions | |||
Payment made by the Managing Owner | |||
Operations attributable to non-controlling interests | 242,432 | 816,375 | |
Net increase/(decrease) in Owners' Capital resulting from operations | 243,862 | 2,408,937 | |
Owners' Capital, Ending balance | 107,465,335 | 107,465,335 | |
Equinox Frontier Select Fund [Member] | Class One [Member] | Limited Owners [Member] | |||
Owners' Capital, Beginning balance | 11,710,517 | ||
Sale of Units | 12,362 | ||
Redemption of Units | (1,068,562) | ||
Change in control of ownership - Trading Companies | |||
Operations attributable to non-controlling interests | |||
Net increase/(decrease) in Owners' Capital resulting from operations | 780,866 | ||
Owners' Capital, Ending balance | $ 11,435,183 | $ 11,435,183 | |
Owners' Capital - Units, Beginning balance | 129,612 | ||
Owners' Capital - Units, Sale of Units | 128 | ||
Owners' Capital - Units, Redemption of Units | (10,946) | ||
Owners' Capital - Units, Ending balance | 118,794 | 118,794 | |
Net asset value per unit, Beginning balance | $ 90.35 | ||
Change in net asset value per unit for the period | 5.91 | ||
Net asset value per unit, Ending balance | $ 96.26 | 96.26 | |
Equinox Frontier Select Fund [Member] | Class One [Member] | |||
Net asset value per unit, Beginning balance | [1] | 98.12 | 90.35 |
Net asset value per unit, Ending balance | [1] | $ 96.26 | $ 96.26 |
Equinox Frontier Select Fund [Member] | Class Two [Member] | Limited Owners [Member] | |||
Owners' Capital, Beginning balance | $ 1,329,359 | ||
Sale of Units | |||
Redemption of Units | (22,836) | ||
Change in control of ownership - Trading Companies | |||
Operations attributable to non-controlling interests | |||
Net increase/(decrease) in Owners' Capital resulting from operations | 120,145 | ||
Owners' Capital, Ending balance | $ 1,426,668 | $ 1,426,668 | |
Owners' Capital - Units, Beginning balance | 10,626 | ||
Owners' Capital - Units, Sale of Units | |||
Owners' Capital - Units, Redemption of Units | (162) | ||
Owners' Capital - Units, Ending balance | 10,464 | 10,464 | |
Net asset value per unit, Beginning balance | [2] | $ 125.11 | |
Change in net asset value per unit for the period | [2] | 11.24 | |
Net asset value per unit, Ending balance | [2] | $ 136.35 | $ 136.35 |
Equinox Frontier Select Fund [Member] | Class Two [Member] | Managing Owner [Member] | |||
Owners' Capital, Beginning balance | $ 8,814 | ||
Sale of Units | |||
Redemption of Units | |||
Change in control of ownership - Trading Companies | |||
Operations attributable to non-controlling interests | |||
Net increase/(decrease) in Owners' Capital resulting from operations | 791 | ||
Owners' Capital, Ending balance | $ 9,605 | $ 9,605 | |
Owners' Capital - Units, Beginning balance | 70 | ||
Owners' Capital - Units, Sale of Units | |||
Owners' Capital - Units, Redemption of Units | |||
Owners' Capital - Units, Ending balance | 70 | 70 | |
Net asset value per unit, Beginning balance | [2] | $ 125.11 | |
Change in net asset value per unit for the period | [2] | 11.24 | |
Net asset value per unit, Ending balance | [2] | $ 136.35 | 136.35 |
Equinox Frontier Select Fund [Member] | Class Two [Member] | |||
Net asset value per unit, Beginning balance | [1] | 137.92 | 125.11 |
Change in net asset value per unit for the period | 10.16 | ||
Net asset value per unit, Ending balance | [1] | $ 136.35 | $ 136.35 |
Equinox Frontier Select Fund [Member] | Class OneAP [Member] | Limited Owners [Member] | |||
Owners' Capital, Beginning balance | $ 47,365 | ||
Sale of Units | |||
Redemption of Units | (21,949) | ||
Change in control of ownership - Trading Companies | |||
Operations attributable to non-controlling interests | |||
Net increase/(decrease) in Owners' Capital resulting from operations | 4,948 | ||
Owners' Capital, Ending balance | $ 30,364 | $ 30,364 | |
Owners' Capital - Units, Beginning balance | 503 | ||
Owners' Capital - Units, Sale of Units | |||
Owners' Capital - Units, Redemption of Units | (207) | ||
Owners' Capital - Units, Ending balance | 296 | 296 | |
Net asset value per unit, Beginning balance | $ 94.28 | ||
Change in net asset value per unit for the period | 8.47 | ||
Net asset value per unit, Ending balance | $ 102.75 | 102.75 | |
Equinox Frontier Select Fund [Member] | Class OneAP [Member] | |||
Net asset value per unit, Beginning balance | [1] | 103.93 | 94.28 |
Net asset value per unit, Ending balance | [1] | $ 102.75 | $ 102.75 |
Equinox Frontier Select Fund [Member] | Noncontrolling Interest [Member] | |||
Owners' Capital, Beginning balance | $ 6,816,535 | ||
Sale of Units | |||
Redemption of Units | |||
Change in control of ownership - Trading Companies | (3,649,315) | ||
Operations attributable to non-controlling interests | 1,005,265 | ||
Net increase/(decrease) in Owners' Capital resulting from operations | |||
Owners' Capital, Ending balance | $ 4,172,485 | 4,172,485 | |
Equinox Frontier Select Fund [Member] | |||
Owners' Capital, Beginning balance | 19,912,590 | ||
Sale of Units | 12,362 | ||
Redemption of Units | (1,113,347) | ||
Change in control of ownership - Trading Companies | (3,649,315) | ||
Change in control of ownership - Private investment companies | |||
Operations attributable to non-controlling interests | 12,448 | 1,005,265 | |
Net increase/(decrease) in Owners' Capital resulting from operations | (234,575) | 906,751 | |
Owners' Capital, Ending balance | 17,074,305 | 17,074,305 | |
Equinox Frontier Winton Fund [Member] | Class One [Member] | Limited Owners [Member] | |||
Owners' Capital, Beginning balance | 23,022,800 | ||
Sale of Units | 122,728 | ||
Redemption of Units | (1,128,966) | ||
Change in control of ownership - Trading Companies | |||
Operations attributable to non-controlling interests | |||
Net increase/(decrease) in Owners' Capital resulting from operations | (108,173) | ||
Owners' Capital, Ending balance | $ 21,908,389 | $ 21,908,389 | |
Owners' Capital - Units, Beginning balance | 140,239 | ||
Owners' Capital - Units, Sale of Units | 728 | ||
Owners' Capital - Units, Redemption of Units | (6,740) | ||
Owners' Capital - Units, Ending balance | 134,227 | 134,227 | |
Net asset value per unit, Beginning balance | $ 164.17 | ||
Change in net asset value per unit for the period | (0.95) | ||
Net asset value per unit, Ending balance | $ 163.22 | 163.22 | |
Equinox Frontier Winton Fund [Member] | Class One [Member] | |||
Net asset value per unit, Beginning balance | [1] | 171.53 | 164.17 |
Net asset value per unit, Ending balance | [1] | $ 163.22 | $ 163.22 |
Equinox Frontier Winton Fund [Member] | Class Two [Member] | Limited Owners [Member] | |||
Owners' Capital, Beginning balance | $ 11,837,205 | ||
Sale of Units | |||
Redemption of Units | (88,086) | ||
Change in control of ownership - Trading Companies | |||
Operations attributable to non-controlling interests | |||
Net increase/(decrease) in Owners' Capital resulting from operations | 205,389 | ||
Owners' Capital, Ending balance | $ 11,954,508 | $ 11,954,508 | |
Owners' Capital - Units, Beginning balance | 54,215 | ||
Owners' Capital - Units, Sale of Units | |||
Owners' Capital - Units, Redemption of Units | (171) | ||
Owners' Capital - Units, Ending balance | 54,044 | 54,044 | |
Net asset value per unit, Beginning balance | [2] | $ 217.51 | |
Change in net asset value per unit for the period | [2] | 3.69 | |
Net asset value per unit, Ending balance | [2] | $ 221.20 | $ 221.20 |
Equinox Frontier Winton Fund [Member] | Class Two [Member] | Managing Owner [Member] | |||
Owners' Capital, Beginning balance | $ 44,962 | ||
Sale of Units | |||
Redemption of Units | |||
Change in control of ownership - Trading Companies | |||
Operations attributable to non-controlling interests | |||
Net increase/(decrease) in Owners' Capital resulting from operations | 762 | ||
Owners' Capital, Ending balance | $ 45,724 | $ 45,724 | |
Owners' Capital - Units, Beginning balance | 207 | ||
Owners' Capital - Units, Sale of Units | |||
Owners' Capital - Units, Redemption of Units | |||
Owners' Capital - Units, Ending balance | 207 | 207 | |
Net asset value per unit, Beginning balance | [2] | $ 217.51 | |
Change in net asset value per unit for the period | [2] | 3.69 | |
Net asset value per unit, Ending balance | [2] | $ 221.20 | 221.20 |
Equinox Frontier Winton Fund [Member] | Class Two [Member] | |||
Net asset value per unit, Beginning balance | [1] | 230.67 | 217.51 |
Change in net asset value per unit for the period | 3.69 | ||
Net asset value per unit, Ending balance | [1] | $ 221.20 | $ 221.20 |
Equinox Frontier Winton Fund [Member] | Class OneAP [Member] | Limited Owners [Member] | |||
Owners' Capital, Beginning balance | $ 36,576 | ||
Sale of Units | |||
Redemption of Units | |||
Change in control of ownership - Trading Companies | |||
Operations attributable to non-controlling interests | |||
Net increase/(decrease) in Owners' Capital resulting from operations | 620 | ||
Owners' Capital, Ending balance | $ 37,196 | $ 37,196 | |
Owners' Capital - Units, Beginning balance | 214 | ||
Owners' Capital - Units, Sale of Units | |||
Owners' Capital - Units, Redemption of Units | |||
Owners' Capital - Units, Ending balance | 214 | 214 | |
Net asset value per unit, Beginning balance | $ 171.31 | ||
Change in net asset value per unit for the period | 2.91 | ||
Net asset value per unit, Ending balance | $ 174.22 | 174.22 | |
Equinox Frontier Winton Fund [Member] | Class OneAP [Member] | |||
Net asset value per unit, Beginning balance | [1] | 181.68 | 171.31 |
Net asset value per unit, Ending balance | [1] | $ 174.22 | $ 174.22 |
Equinox Frontier Winton Fund [Member] | Noncontrolling Interest [Member] | |||
Owners' Capital, Beginning balance | $ 6,367,651 | ||
Sale of Units | |||
Redemption of Units | |||
Change in control of ownership - Trading Companies | 2,240,074 | ||
Operations attributable to non-controlling interests | 1,438,421 | ||
Net increase/(decrease) in Owners' Capital resulting from operations | |||
Owners' Capital, Ending balance | $ 10,046,147 | 10,046,147 | |
Equinox Frontier Winton Fund [Member] | |||
Owners' Capital, Beginning balance | 41,309,194 | ||
Sale of Units | 122,728 | ||
Redemption of Units | (1,217,052) | ||
Change in control of ownership - Trading Companies | 2,240,074 | ||
Operations attributable to non-controlling interests | (760,235) | 1,438,421 | |
Net increase/(decrease) in Owners' Capital resulting from operations | (1,643,430) | 98,598 | |
Owners' Capital, Ending balance | 43,991,964 | 43,991,964 | |
Equinox Frontier Heritage Fund [Member] | Class One [Member] | Limited Owners [Member] | |||
Owners' Capital, Beginning balance | 8,628,726 | ||
Sale of Units | 29,866 | ||
Redemption of Units | (530,616) | ||
Change in control of ownership - Trading Companies | |||
Operations attributable to non-controlling interests | |||
Net increase/(decrease) in Owners' Capital resulting from operations | 48,319 | ||
Owners' Capital, Ending balance | $ 8,176,296 | $ 8,176,296 | |
Owners' Capital - Units, Beginning balance | 69,436 | ||
Owners' Capital - Units, Sale of Units | 232 | ||
Owners' Capital - Units, Redemption of Units | (4,071) | ||
Owners' Capital - Units, Ending balance | 65,597 | 65,597 | |
Net asset value per unit, Beginning balance | $ 124.27 | ||
Change in net asset value per unit for the period | 0.37 | ||
Net asset value per unit, Ending balance | $ 124.64 | 124.64 | |
Equinox Frontier Heritage Fund [Member] | Class One [Member] | |||
Net asset value per unit, Beginning balance | [1] | 129.77 | 124.27 |
Net asset value per unit, Ending balance | [1] | 124.64 | 124.64 |
Equinox Frontier Heritage Fund [Member] | Class Two [Member] | |||
Net asset value per unit, Beginning balance | [1] | 183.94 | 173.54 |
Change in net asset value per unit for the period | (0.15) | ||
Net asset value per unit, Ending balance | [1] | $ 178.05 | $ 178.05 |
Equinox Frontier Heritage Fund [Member] | Class Twoa [Member] | Limited Owners [Member] | |||
Owners' Capital, Beginning balance | $ 2,779,024 | ||
Sale of Units | |||
Redemption of Units | (90,031) | ||
Change in control of ownership - Trading Companies | |||
Operations attributable to non-controlling interests | |||
Net increase/(decrease) in Owners' Capital resulting from operations | 73,882 | ||
Owners' Capital, Ending balance | $ 2,762,875 | $ 2,762,875 | |
Owners' Capital - Units, Beginning balance | 16,013 | ||
Owners' Capital - Units, Sale of Units | |||
Owners' Capital - Units, Redemption of Units | (495) | ||
Owners' Capital - Units, Ending balance | 15,518 | 15,518 | |
Net asset value per unit, Beginning balance | [2] | $ 173.54 | |
Change in net asset value per unit for the period | [2] | 4.51 | |
Net asset value per unit, Ending balance | [2] | $ 178.05 | $ 178.05 |
Equinox Frontier Heritage Fund [Member] | Class Twoa [Member] | Managing Owner [Member] | |||
Owners' Capital, Beginning balance | $ 74,329 | ||
Sale of Units | |||
Redemption of Units | |||
Change in control of ownership - Trading Companies | |||
Operations attributable to non-controlling interests | |||
Net increase/(decrease) in Owners' Capital resulting from operations | 1,928 | ||
Owners' Capital, Ending balance | $ 76,257 | $ 76,257 | |
Owners' Capital - Units, Beginning balance | 428 | ||
Owners' Capital - Units, Sale of Units | |||
Owners' Capital - Units, Redemption of Units | |||
Owners' Capital - Units, Ending balance | 428 | 428 | |
Net asset value per unit, Beginning balance | [2] | $ 173.54 | |
Change in net asset value per unit for the period | [2] | 4.51 | |
Net asset value per unit, Ending balance | [2] | $ 178.05 | $ 178.05 |
Equinox Frontier Heritage Fund [Member] | Class OneAP [Member] | Limited Owners [Member] | |||
Owners' Capital, Beginning balance | $ 58,523 | ||
Sale of Units | |||
Redemption of Units | (56,051) | ||
Change in control of ownership - Trading Companies | |||
Operations attributable to non-controlling interests | |||
Net increase/(decrease) in Owners' Capital resulting from operations | 3,555 | ||
Owners' Capital, Ending balance | $ 6,027 | $ 6,027 | |
Owners' Capital - Units, Beginning balance | 452 | ||
Owners' Capital - Units, Sale of Units | |||
Owners' Capital - Units, Redemption of Units | (407) | ||
Owners' Capital - Units, Ending balance | 45 | 45 | |
Net asset value per unit, Beginning balance | $ 129.67 | ||
Change in net asset value per unit for the period | 3.37 | ||
Net asset value per unit, Ending balance | $ 133.04 | 133.04 | |
Equinox Frontier Heritage Fund [Member] | Class OneAP [Member] | |||
Net asset value per unit, Beginning balance | [1] | 137.45 | 129.67 |
Net asset value per unit, Ending balance | [1] | $ 133.04 | $ 133.04 |
Equinox Frontier Heritage Fund [Member] | Noncontrolling Interest [Member] | |||
Owners' Capital, Beginning balance | $ 3,933,920 | ||
Sale of Units | |||
Redemption of Units | |||
Change in control of ownership - Trading Companies | (82,545) | ||
Operations attributable to non-controlling interests | 269,675 | ||
Net increase/(decrease) in Owners' Capital resulting from operations | |||
Owners' Capital, Ending balance | $ 4,121,050 | 4,121,050 | |
Equinox Frontier Heritage Fund [Member] | |||
Owners' Capital, Beginning balance | 15,474,522 | ||
Sale of Units | 29,866 | ||
Redemption of Units | (676,698) | ||
Change in control of ownership - Trading Companies | (82,541) | ||
Operations attributable to non-controlling interests | (62,514) | 269,675 | |
Net increase/(decrease) in Owners' Capital resulting from operations | (429,665) | 127,685 | |
Owners' Capital, Ending balance | 15,142,505 | 15,142,505 | |
Limited Owners [Member] | |||
Owners' Capital, Beginning balance | 234,386,144 | ||
Sale of Units | 6,982,912 | ||
Redemption of Units | (25,839,213) | ||
Change in control of ownership - Private investment companies | 1,676,096 | ||
Operations attributable to non-controlling interests | |||
Net increase/(decrease) in Owners' Capital resulting from operations | 8,066,309 | ||
Owners' Capital, Ending balance | 223,596,152 | 223,596,152 | |
Managing Owner [Member] | |||
Owners' Capital, Beginning balance | 5,798,155 | ||
Redemption of Units | |||
Change in control of ownership - Private investment companies | |||
Net increase/(decrease) in Owners' Capital resulting from operations | (2,877,613) | ||
Owners' Capital, Ending balance | 2,920,542 | 2,920,542 | |
Noncontrolling Interest [Member] | |||
Owners' Capital, Beginning balance | |||
Redemption of Units | |||
Change in control of ownership - Private investment companies | |||
Operations attributable to non-controlling interests | 59,375 | ||
Owners' Capital, Ending balance | 1,735,471 | 1,735,471 | |
Owners' Capital, Beginning balance | 240,184,299 | ||
Sale of Units | 6,982,912 | ||
Redemption of Units | (25,839,213) | ||
Change in control of ownership - Private investment companies | 1,676,096 | ||
Operations attributable to non-controlling interests | (3,314,228) | 59,375 | |
Net increase/(decrease) in Owners' Capital resulting from operations | 5,188,696 | ||
Owners' Capital, Ending balance | $ 228,252,165 | $ 228,252,165 | |
[1] | Interest income and expenses per unit are calculated by dividing these amounts by the average number of units outstanding during the period. The net gain/(loss) on investments, net of non-controlling interests is a balancing amount necessary to reconcile the change in net asset value per unit with the other per unit information. | ||
[2] | Values are for both the Managing Owner and Limited Owners. |
Statements of Cash Flows (Unaud
Statements of Cash Flows (Unaudited) - USD ($) | 9 Months Ended | |
Sep. 30, 2016 | Sep. 30, 2015 | |
Cash Flows from Operating Activities: | ||
Net increase/(decrease) in capital resulting from operations | $ 5,129,321 | $ (222,822) |
Change in: | ||
Net change in open trade equity/(deficit), at fair value | (7,764,172) | 7,123,814 |
Net change in options purchased, at fair value | 7,336,563 | |
Net change in options written, at fair value | (7,639,523) | |
Net change in ownership allocation of U.S. Treasury securities | (18,872,707) | |
(Purchases) sales of: | ||
Interest and premium paid/amortized | 1,935,076 | |
Increase and/or decrease in: | ||
Receivable from futures commission merchants | (55,003,671) | 9,871,056 |
Change in control of ownership - private investment companies | 1,676,096 | |
Prepaid service fees | (105,092) | (14,997) |
Interest receivable | 1,747,731 | 1,399,917 |
Receivable from related parties | 3,120 | 1,453 |
Other assets | (237,043) | 500,000 |
Due to broker | 2,254,497 | |
Interest payable | 9,957 | |
Incentive fees payable to Managing Owner | 742,814 | (6,321,603) |
Management fees payable to Managing Owner | 199,865 | (54,412) |
Interest payable to Managing Owner | (83,697) | (30,659) |
Trading fees payable to Managing Owner | (19,868) | (52,710) |
Service fees payable to Managing Owner | 18,208 | (58,199) |
Payables to related parties | (18,410) | 20,574 |
Other liabilities | 202,611 | |
Net cash provided by (used in) operating activities | 23,669,550 | 17,719,046 |
Cash Flows from Financing Activities: | ||
Proceeds from sale of units | 6,982,912 | 15,399,279 |
Payment for redemption of units | (25,839,213) | (37,999,014) |
Payment made by the Managing Owner | 1,211,610 | |
Pending owner additions | (36,462) | (6,709) |
Owner redemptions payable | 2,176 | (69,442) |
Net cash provided by (used in) financing activities | (18,890,587) | (21,464,276) |
Net increase (decrease) in cash and cash equivalents | 4,778,964 | (3,745,230) |
Cash and cash equivalents, beginning of period | 13,975,625 | 18,977,844 |
Cash and cash equivalents, end of period | 18,754,589 | 15,232,614 |
Private Investment Companies [Member] | ||
Change in: | ||
Net unrealized gain/(loss) on investments | (59,375) | |
US Treasury Securities [Member] | ||
Change in: | ||
Net realized gain/(loss) on investments | 7,622,697 | (588,474) |
Net unrealized gain/(loss) on investments | 2,246,802 | (183,524) |
(Purchases) sales of: | ||
Sales of Investments | 122,230,239 | 28,542,000 |
Purchase of Investments | (26,620,440) | (21,196,875) |
Swap [Member] | ||
Change in: | ||
Net unrealized gain/(loss) on investments | (3,556,086) | (1,647,609) |
(Purchases) sales of: | ||
Purchase of Investments | (1,000,000) | |
Equinox Frontier Diversified Fund [Member] | ||
Cash Flows from Operating Activities: | ||
Net increase/(decrease) in capital resulting from operations | (532,301) | 7,573,832 |
Change in: | ||
Net change in open trade equity/(deficit), at fair value | 328,660 | 3,215,203 |
Net change in options purchased, at fair value | 288,413 | |
Net change in options written, at fair value | (253,018) | |
Net change in ownership allocation of U.S. Treasury securities | 2,838,071 | (1,032,399) |
Increase and/or decrease in: | ||
Receivable from futures commission merchants | (16,737,951) | 22,731,129 |
Change in control of ownership - trading companies | 5,582,271 | (16,894,354) |
Change in control of ownership - private investment companies | 2,455,344 | (7,550,285) |
Investments in unconsolidated trading companies, at fair value | 13,353,221 | (11,235) |
Interest receivable | 442,074 | |
Receivable from related parties | ||
Other assets | (73,347) | 249,997 |
Due to broker | (2,162,546) | |
Interest payable | (204,914) | (1,953) |
Incentive fees payable to Managing Owner | (28,087) | (4,643) |
Management fees payable to Managing Owner | (9,466) | (19,017) |
Interest payable to Managing Owner | (4,833) | (15,088) |
Trading fees payable to Managing Owner | (2,407) | 879 |
Service fees payable to Managing Owner | (2,126) | |
Payables to related parties | ||
Other liabilities | 69,724 | |
Net cash provided by (used in) operating activities | (882) | 5,933,774 |
Cash Flows from Financing Activities: | ||
Proceeds from sale of units | 6,386,166 | 10,021,297 |
Payment for redemption of units | (7,165,786) | (16,660,845) |
Payment made by the Managing Owner | 144,349 | |
Pending owner additions | (1,524) | (84) |
Owner redemptions payable | 71,294 | (57,953) |
Net cash provided by (used in) financing activities | (709,850) | (6,553,236) |
Net increase (decrease) in cash and cash equivalents | (710,732) | (619,462) |
Cash and cash equivalents, beginning of period | 2,573,241 | 4,210,638 |
Cash and cash equivalents, end of period | 2,573,241 | 3,591,176 |
Equinox Frontier Diversified Fund [Member] | Private Investment Companies [Member] | ||
Change in: | ||
Net unrealized gain/(loss) on investments | 296,589 | |
(Purchases) sales of: | ||
Purchase of Investments | (28,542,958) | |
Equinox Frontier Diversified Fund [Member] | US Treasury Securities [Member] | ||
Change in: | ||
Net realized gain/(loss) on investments | (1,851,345) | (133,349) |
Net unrealized gain/(loss) on investments | (625,858) | (198,660) |
(Purchases) sales of: | ||
Sales of Investments | 27,076,226 | 6,214,322 |
Purchase of Investments | (6,518,818) | (4,787,243) |
Equinox Frontier Diversified Fund [Member] | Swap [Member] | ||
Change in: | ||
Net realized gain/(loss) on investments | ||
Net unrealized gain/(loss) on investments | 1,450,864 | (1,576,384) |
Equinox Frontier Diversified Fund [Member] | Class One [Member] | ||
Increase and/or decrease in: | ||
Prepaid service fees | (11,231) | 300,173 |
Equinox Frontier Masters Fund [Member] | ||
Cash Flows from Operating Activities: | ||
Net increase/(decrease) in capital resulting from operations | 1,428,417 | (469,459) |
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 | 1,151,532 | 3,028,748 |
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 | 3,624,505 | (996,031) |
Interest receivable | 177,136 | 175,554 |
Receivable from related parties | 1,670 | 994 |
Other assets | (8,029) | |
Due to broker | ||
Interest payable | 51,180 | (722,043) |
Incentive fees payable to Managing Owner | (53,351) | (8,791) |
Management fees payable to Managing Owner | (3,057) | (1,432) |
Interest payable to Managing Owner | (8,253) | (9,563) |
Trading fees payable to Managing Owner | (2,054) | (2,269) |
Service fees payable to Managing Owner | ||
Payables to related parties | ||
Other liabilities | 57,450 | |
Net cash provided by (used in) operating activities | 5,812,375 | 1,283,563 |
Cash Flows from Financing Activities: | ||
Proceeds from sale of units | 278,822 | 4,574,441 |
Payment for redemption of units | (5,145,360) | (6,589,140) |
Payment made by the Managing Owner | ||
Pending owner additions | 41,523 | (829) |
Owner redemptions payable | 27,485 | |
Net cash provided by (used in) financing activities | (4,825,015) | (1,988,043) |
Net increase (decrease) in cash and cash equivalents | 987,359 | (704,480) |
Cash and cash equivalents, beginning of period | 2,409,353 | 2,199,066 |
Cash and cash equivalents, end of period | 2,409,353 | 1,494,586 |
Equinox Frontier Masters Fund [Member] | Private Investment Companies [Member] | ||
Change in: | ||
Net unrealized gain/(loss) on investments | (41,047) | |
(Purchases) sales of: | ||
Purchase of Investments | (6,447,231) | |
Equinox Frontier Masters Fund [Member] | US Treasury Securities [Member] | ||
Change in: | ||
Net realized gain/(loss) on investments | (476,517) | (56,105) |
Net unrealized gain/(loss) on investments | 48,672 | (90,763) |
(Purchases) sales of: | ||
Sales of Investments | 8,781,991 | 2,729,817 |
Purchase of Investments | (2,380,650) | (2,291,604) |
Equinox Frontier Masters Fund [Member] | Class One [Member] | ||
Increase and/or decrease in: | ||
Prepaid service fees | 7,355 | (3,490) |
Equinox Frontier Long Short Commodity Fund [Member] | ||
Cash Flows from Operating Activities: | ||
Net increase/(decrease) in capital resulting from operations | (333,680) | (980,369) |
Change in: | ||
Net change in open trade equity/(deficit), at fair value | (847,287) | |
Net change in options purchased, at fair value | ||
Net change in options written, at fair value | 590 | |
Net change in ownership allocation of U.S. Treasury securities | 810,772 | 1,700,543 |
Increase and/or decrease in: | ||
Receivable from futures commission merchants | ||
Change in control of ownership - trading companies | (2,674,849) | |
Change in control of ownership - private investment companies | 2,533,331 | |
Investments in unconsolidated trading companies, at fair value | 3,414,663 | 694,354 |
Interest receivable | 83,190 | 90,880 |
Receivable from related parties | 1,606 | 648 |
Other assets | (10,529) | (1) |
Due to broker | 2,254,497 | (144,344) |
Interest payable | 58,922 | 3,751 |
Incentive fees payable to Managing Owner | (46,588) | (1,551) |
Management fees payable to Managing Owner | (1,368) | (6,498) |
Interest payable to Managing Owner | (4,227) | (2,933) |
Trading fees payable to Managing Owner | (2,024) | |
Service fees payable to Managing Owner | 8,846 | |
Payables to related parties | 9,957 | |
Other liabilities | 2,222 | |
Net cash provided by (used in) operating activities | 3,850,903 | 1,099,955 |
Cash Flows from Financing Activities: | ||
Proceeds from sale of units | 433,275 | |
Payment for redemption of units | (2,896,674) | (2,845,022) |
Payment made by the Managing Owner | 907,162 | |
Pending owner additions | ||
Owner redemptions payable | (796) | 4,104 |
Net cash provided by (used in) financing activities | (2,897,470) | (1,500,481) |
Net increase (decrease) in cash and cash equivalents | 953,433 | (400,526) |
Cash and cash equivalents, beginning of period | 1,523,602 | 1,110,779 |
Cash and cash equivalents, end of period | 1,523,602 | 710,253 |
Equinox Frontier Long Short Commodity Fund [Member] | Private Investment Companies [Member] | ||
Change in: | ||
Net unrealized gain/(loss) on investments | (570,047) | |
(Purchases) sales of: | ||
Purchase of Investments | (6,033,974) | (1,000,000) |
Equinox Frontier Long Short Commodity Fund [Member] | US Treasury Securities [Member] | ||
Change in: | ||
Net realized gain/(loss) on investments | (23,463) | (33,886) |
Net unrealized gain/(loss) on investments | (413,876) | 78,046 |
(Purchases) sales of: | ||
Sales of Investments | 5,321,261 | 1,713,661 |
Purchase of Investments | (948,803) | (1,395,765) |
Equinox Frontier Long Short Commodity Fund [Member] | Swap [Member] | ||
Change in: | ||
Net realized gain/(loss) on investments | ||
Net unrealized gain/(loss) on investments | (74,005) | 383,691 |
Equinox Frontier Long Short Commodity Fund [Member] | Class One [Member] | ||
Increase and/or decrease in: | ||
Prepaid service fees | 736 | (272) |
Equinox Frontier Balanced Fund [Member] | ||
Cash Flows from Operating Activities: | ||
Net increase/(decrease) in capital resulting from operations | 3,225,312 | 78,478 |
Change in: | ||
Net change in open trade equity/(deficit), at fair value | (1,313,083) | 2,101,069 |
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 | 13,089,485 | (9,031,761) |
Increase and/or decrease in: | ||
Receivable from futures commission merchants | (53,853,756) | 14,963,754 |
Change in control of ownership - trading companies | 6,907,649 | (7,938,913) |
Change in control of ownership - private investment companies | 14,681,969 | 3,610,955 |
Investments in unconsolidated trading companies, at fair value | 13,881,931 | |
Interest receivable | 640,324 | 372,343 |
Receivable from other series | ||
Receivable from related parties | (20,050) | |
Other assets | 612,204 | 250,004 |
Incentive fees payable to Managing Owner | (1,689,188) | |
Management fees payable to Managing Owner | 59,397 | (16,603) |
Interest payable to Managing Owner | (50,485) | (1,693) |
Trading fees payable to Managing Owner | (2,217) | (9,677) |
Service fees payable to Managing Owner | 7,750 | (23,017) |
Payables to related parties | (4,026) | 6,824 |
Other liabilities | 9,543 | |
Net cash provided by (used in) operating activities | 7,717,173 | 6,767,294 |
Cash Flows from Financing Activities: | ||
Proceeds from sale of units | 152,968 | 185,295 |
Payment for redemption of units | (7,624,288) | (7,323,138) |
Payment made by the Managing Owner | 160,099 | |
Pending owner additions | (15,538) | (2,861) |
Owner redemptions payable | (297,550) | (7,712) |
Net cash provided by (used in) financing activities | (7,784,409) | (6,988,317) |
Net increase (decrease) in cash and cash equivalents | (67,236) | (221,023) |
Cash and cash equivalents, beginning of period | 4,895,183 | 5,644,510 |
Cash and cash equivalents, end of period | 4,827,947 | 5,423,487 |
Equinox Frontier Balanced Fund [Member] | Private Investment Companies [Member] | ||
Change in: | ||
Net unrealized gain/(loss) on investments | 91,519 | |
(Purchases) sales of: | ||
Purchase of Investments | (8,800,704) | |
Equinox Frontier Balanced Fund [Member] | US Treasury Securities [Member] | ||
Change in: | ||
Net realized gain/(loss) on investments | (2,885,429) | (215,325) |
Net unrealized gain/(loss) on investments | (1,086,605) | 184,293 |
(Purchases) sales of: | ||
Sales of Investments | 27,164,277 | 10,249,014 |
Purchase of Investments | (9,340,565) | (6,360,723) |
Equinox Frontier Balanced Fund [Member] | Swap [Member] | ||
Change in: | ||
Net unrealized gain/(loss) on investments | 2,570,811 | 237,460 |
Equinox Frontier Balanced Fund [Member] | Class One [Member] | ||
Increase and/or decrease in: | ||
Prepaid service fees | (41,288) | |
Equinox Frontier Select Fund [Member] | ||
Cash Flows from Operating Activities: | ||
Net increase/(decrease) in capital resulting from operations | 1,912,016 | (303,672) |
Change in: | ||
Net change in open trade equity/(deficit), at fair value | (275,957) | (1,363,715) |
Net change in options purchased, at fair value | 4,477,249 | |
Net change in options written, at fair value | ||
Net change in ownership allocation of U.S. Treasury securities | ||
Increase and/or decrease in: | ||
Receivable from futures commission merchants | 5,053,756 | (12,505,084) |
Change in control of ownership - trading companies | (3,649,315) | 6,520,339 |
Change in control of ownership - private investment companies | 4,122,486 | |
Investments in unconsolidated trading companies, at fair value | 78,722 | |
Interest receivable | 16,782 | |
Receivable from other series | ||
Receivable from related parties | (200,287) | |
Other assets | (188) | |
Incentive fees payable to Managing Owner | 107,917 | (185,791) |
Management fees payable to Managing Owner | 40,531 | (3,210) |
Interest payable to Managing Owner | 997 | (7,951) |
Trading fees payable to Managing Owner | (95) | (1,683) |
Service fees payable to Managing Owner | 771 | (3,608) |
Payables to related parties | 25 | 361 |
Other liabilities | 235 | |
Net cash provided by (used in) operating activities | 2,442,830 | 416,349 |
Cash Flows from Financing Activities: | ||
Proceeds from sale of units | 12,362 | 15,352 |
Payment for redemption of units | (1,113,347) | (1,018,404) |
Payment made by the Managing Owner | ||
Pending owner additions | (1,335) | (154) |
Owner redemptions payable | 9,212 | (11,604) |
Net cash provided by (used in) financing activities | (1,093,108) | (1,014,810) |
Net increase (decrease) in cash and cash equivalents | 1,349,722 | (598,461) |
Cash and cash equivalents, beginning of period | 220,371 | 878,280 |
Cash and cash equivalents, end of period | 1,570,093 | 279,819 |
Equinox Frontier Select Fund [Member] | US Treasury Securities [Member] | ||
Change in: | ||
Net realized gain/(loss) on investments | (70,924) | (12,618) |
Net unrealized gain/(loss) on investments | (7,665) | (90,894) |
(Purchases) sales of: | ||
Sales of Investments | (465,831) | 600,508 |
Purchase of Investments | (320,766) | (911,929) |
Equinox Frontier Select Fund [Member] | Class One [Member] | ||
Increase and/or decrease in: | ||
Prepaid service fees | 85,749 | |
Equinox Frontier Winton Fund [Member] | ||
Cash Flows from Operating Activities: | ||
Net increase/(decrease) in capital resulting from operations | 1,537,019 | (920,216) |
Change in: | ||
Net change in open trade equity/(deficit), at fair value | 124,271 | (2,653,675) |
Net change in ownership allocation of U.S. Treasury securities | 10,048 | 2,084,833 |
Increase and/or decrease in: | ||
Receivable from futures commission merchants | (8,504,526) | (9,958,867) |
Change in control of ownership - trading companies | 2,240,074 | 5,744,802 |
Investments in unconsolidated trading companies, at fair value | 297,554 | 7,164,327 |
Interest receivable | 314,097 | 304,101 |
Other assets | (25,346) | |
Incentive fees payable to Managing Owner | (1,178,364) | |
Management fees payable to Managing Owner | 169,744 | (21,336) |
Interest payable to Managing Owner | (13,628) | (12,973) |
Trading fees payable to Managing Owner | (17) | (4,972) |
Service fees payable to Managing Owner | 13,505 | (9,069) |
Payables to related parties | (20,220) | 11,602 |
Other liabilities | 29,991 | |
Net cash provided by (used in) operating activities | 2,623,417 | 1,678,715 |
Cash Flows from Financing Activities: | ||
Proceeds from sale of units | 122,728 | 136,211 |
Payment for redemption of units | (1,217,052) | (2,746,288) |
Pending owner additions | (13,524) | (2,578) |
Owner redemptions payable | 139,334 | (21,902) |
Net cash provided by (used in) financing activities | (968,514) | (2,634,557) |
Net increase (decrease) in cash and cash equivalents | 1,654,903 | (955,842) |
Cash and cash equivalents, beginning of period | 2,928,616 | 4,012,974 |
Cash and cash equivalents, end of period | 4,583,519 | 3,057,132 |
Equinox Frontier Winton Fund [Member] | US Treasury Securities [Member] | ||
Change in: | ||
Net realized gain/(loss) on investments | (1,975,992) | (111,554) |
Net unrealized gain/(loss) on investments | (837,849) | (56,127) |
(Purchases) sales of: | ||
Sales of Investments | 12,826,803 | 5,740,839 |
Purchase of Investments | (5,237,808) | (4,444,636) |
Equinox Frontier Heritage Fund [Member] | ||
Cash Flows from Operating Activities: | ||
Net increase/(decrease) in capital resulting from operations | 397,360 | 310,612 |
Change in: | ||
Net change in open trade equity/(deficit), at fair value | ||
Net change in ownership allocation of U.S. Treasury securities | 448,193 | 707,858 |
Increase and/or decrease in: | ||
Receivable from futures commission merchants | (714,196) | |
Change in control of ownership - trading companies | (82,541) | (62,797) |
Investments in unconsolidated trading companies, at fair value | (549,672) | 202,642 |
Interest receivable | 74,126 | 71,117 |
Other assets | (4,772) | |
Incentive fees payable to Managing Owner | (239,327) | |
Management fees payable to Managing Owner | (21,156) | (6,270) |
Interest payable to Managing Owner | (4,436) | (3,283) |
Trading fees payable to Managing Owner | (225) | (1,300) |
Service fees payable to Managing Owner | 2,667 | (2,215) |
Payables to related parties | (909) | 909 |
Other liabilities | 1,752 | |
Net cash provided by (used in) operating activities | 1,292,014 | 539,383 |
Cash Flows from Financing Activities: | ||
Proceeds from sale of units | 29,866 | 33,403 |
Payment for redemption of units | (676,698) | (816,160) |
Pending owner additions | (3,251) | (203) |
Owner redemptions payable | (48,170) | (1,860) |
Net cash provided by (used in) financing activities | (698,253) | (784,820) |
Net increase (decrease) in cash and cash equivalents | 593,761 | (245,437) |
Cash and cash equivalents, beginning of period | 655,319 | 921,598 |
Cash and cash equivalents, end of period | 1,249,080 | 676,161 |
Equinox Frontier Heritage Fund [Member] | US Treasury Securities [Member] | ||
Change in: | ||
Net realized gain/(loss) on investments | (389,452) | (25,632) |
Net unrealized gain/(loss) on investments | 151,373 | (9,419) |
(Purchases) sales of: | ||
Sales of Investments | 2,939,044 | 1,293,839 |
Purchase of Investments | (1,129,741) | (1,004,975) |
Equinox Frontier Heritage Fund [Member] | Swap [Member] | ||
Change in: | ||
Net realized gain/(loss) on investments | ||
Net unrealized gain/(loss) on investments | $ (539,597) | $ (692,376) |
Organization and Purpose
Organization and Purpose | 9 Months Ended |
Sep. 30, 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. 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 of 1940, as amended. 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, by and among the Managing Owner, Wilmington Trust Company as trustee and the unitholders, as amended from time to time (“Trust Agreement”), unitholders of the Trustwill 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 between two 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 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 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. 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 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, are maintained in the books and records of each Series. As of September 30, 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 3. 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 September 30, 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 (“CFTC”) Regulation § 4.10(d)(2). The Trust has authority to issue separate series, or each, a Series, of units of beneficial interest (“Units”) pursuant to the requirements of the Delaware Statutory Trust Act, as amended (“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. It is managed by its managing owner, Equinox Fund Management, LLC (“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, 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 1a, Class 1AP, 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 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 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 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 September 30, 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- Class1, Class2 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 September 30, 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. 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. |
Significant Accounting Policies
Significant Accounting Policies | 9 Months Ended |
Sep. 30, 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 As of September 30, 2016, the consolidated balance sheet of Equinox Frontier Balanced Fund included the assets and liabilities of its majority owned Trading Companies and Galaxy Plus entities. These Trading Companies include Frontier Trading Company I, LLC and Frontier Trading Company XXXIV, LLC. The Galaxy Plus entities include Galaxy Plus Fund – QIM Feeder Fund (526) LLC, Galaxy Plus Fund – Fort Contrarian Feeder Fund (510) LLC, Galaxy Plus Fund – Doherty Feeder Fund (528) LLC and Galaxy Plus Fund – Quantmetrics Feeder Fund (527) LLC. For the nine months ended September 30, 2016, the consolidated statement of operations of Equinox Frontier Balanced Fund included the earnings of its majority owned Trading Companies and Galaxy Plus entities listed above. Equinox Frontier Balanced Fund began investing in Galaxy Plus beginning April 15, 2016. As of September 30, 2016, the consolidated balance sheet of Equinox Frontier Diversified Fund included the assets and liabilities of its majority owned Frontier Trading Company XXXV, LLC and the assets and liabilities of its majority owned Galaxy Plus entities, Galaxy Plus Fund – Chesapeake Feeder Fund (518) LLC and Galaxy Plus Fund – Quest Feeder Fund (517) LLC. For the nine months ended September 30, 2016, the consolidated statement of operations of Equinox Frontier Diversified Fund included the earnings of its majority owned Trading Company and Galaxy Plus entities listed above. Equinox Frontier Diversified Fund began investing in Galaxy Plus beginning April 15, 2016. As of and for the nine months ended September 30, 2016, the consolidated balance sheet and statement of operations of Equinox Frontier Heritage Fund included the assets and liabilities, and earnings, of its majority owned Trading Company, Frontier Trading Company XXXIX, LLC. As of and for the nine months ended September 30, 2016, the consolidated balance sheet and statement of operations of Equinox Frontier Select Fund included the assets and liabilities, and earnings, of its majority owned Trading Company, Frontier Trading Company XV, LLC. As of and for the nine months ended September 30, 2016, the consolidated balance sheet and statement of operations of Equinox Frontier Winton Fund included the assets and liabilities, and earnings, of its majority owned Trading Company, Frontier Trading Company II, LLC. 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. Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC Galaxy Plus Fund – LRR Feeder Fund (522) LLC are not consolidated and are accounted for using the equity method of accounting for the three months ended September 30, 2016. Through June 30, 2016, Equinox Frontier Long/Short Commodity Fund had a controlling interest in Galaxy Plus Fund - LRR Feeder Fund (522) LLC. The Statement of Operations for the nine months ended September 30, 2016 is presented with the results of Galaxy Plus Fund - LRR Feeder Fund (522) LLC consolidated through June 30, 2016. 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. 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 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 —The Trust may maintain 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 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 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 for administrative purposes. 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. 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 Reclassification – 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 As of September 30, 2016, the consolidated balance sheet of Equinox Frontier Balanced Fund included the assets and liabilities of its majority owned Trading Companies and Galaxy Plus entities. These Trading Companies include Frontier Trading Company I, LLC and Frontier Trading Company XXXIV, LLC. The Galaxy Plus entities include Galaxy Plus Fund – QIM Feeder Fund (526) LLC, Galaxy Plus Fund – Fort Contrarian Feeder Fund (510) LLC, Galaxy Plus Fund – Doherty Feeder Fund (528) LLC and Galaxy Plus Fund – Quantmetrics Feeder Fund (527) LLC. For the nine months ended September 30, 2016, the consolidated statement of operations of Equinox Frontier Balanced Fund included the earnings of its majority owned Trading Companies and Galaxy Plus entities listed above. Equinox Frontier Balanced Fund began investing in Galaxy Plus beginning April 15, 2016. As of September 30, 2016, the consolidated balance sheet of Equinox Frontier Diversified Fund included the assets and liabilities of its majority owned Frontier Trading Company XXXV, LLC and the assets and liabilities of its majority owned Galaxy Plus entities, Galaxy Plus Fund – Chesapeake Feeder Fund (518) LLC and Galaxy Plus Fund – Quest Feeder Fund (517) LLC. For the nine months ended September 30, 2016, the consolidated statement of operations of Equinox Frontier Diversified Fund included the earnings of its majority owned Trading Company and Galaxy Plus entities listed above. Equinox Frontier Diversified Fund began investing in Galaxy Plus beginning April 15, 2016. As of and for the nine months ended September 30, 2016, the consolidated balance sheet and statement of operations of Equinox Frontier Heritage Fund included the assets and liabilities, and earnings, of its majority owned Trading Company, Frontier Trading Company XXXIX, LLC. As of and for the nine months ended September 30, 2016, the consolidated balance sheet and statement of operations of Equinox Frontier Select Fund included the assets and liabilities, and earnings, of its majority owned Trading Company, Frontier Trading Company XV, LLC. As of and for the nine months ended September 30, 2016, the consolidated balance sheet and statement of operations of Equinox Frontier Winton Fund included the assets and liabilities, and earnings, of its majority owned Trading Company, Frontier Trading Company II, LLC. 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. Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC and Galaxy Plus Fund – LRR Feeder Fund (522) LLC are not consolidated and are accounted for using the equity method of accounting for the three month’s ended September 30, 2016. Through June 30, 2016, Equinox Frontier Long/Short Commodity Fund had a controlling interest in Galaxy Plus Fund - LRR Feeder Fund (522) LLC. The Statement of Operations for the nine month’s ended September 30, 2016 is presented with the results of Galaxy Plus Fund - LRR Feeder Fund (522) LLC consolidated through June 30, 2016. 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. 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 —The Trust may maintain 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 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 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 for administrative purposes. 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. 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— Reclassification – Subsequent Events— |
Fair Value Measurements
Fair Value Measurements | 9 Months Ended |
Sep. 30, 2016 | |
Equinox Frontier Funds [Member] | |
Fair Value Measurements | 3. Fair Value Measurements In connection with the valuation of investments the Trust applies 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 uses the following methodologies to value instruments within its financial asset portfolio at fair value: Trading Securities. Swap Contracts The Managing Owner has chartered a valuation committee to provide oversight of the valuation process for the Series. The valuation committee meets at least monthly to discuss the valuation process and any valuation issues that may arise. The valuation committee is comprised of senior members of the Managing Owner’s management team with varying areas of expertise that add value to the committee. The valuation committee reports to both the Managing Owner’s Management Committee and the Trust’s Executive Committee. The valuation committee further remains in communication with the Managing Owner’s Due Diligence Committee that provides ongoing counterparty risk monitoring of the swap counterparties. The valuation committee’s designee monitors daily pricing valuation provided by the swap. The Managing Owner’s valuation committee monitors some additional input factors such as liquidity, volatility, and counterparty risk in order to further review the valuations provide by the pricing service 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 September 30, 2016 and 2015, segregated by the level of valuation inputs within the fair value hierarchy utilized to measure fair value: September 30, 2016 Level 1 Inputs Level 2 Inputs Level 3 Inputs Fair Value Open Trade Equity (Deficit) $ 2,305,664 $ 162,113 $ — $ 2,467,777 Swap Contracts — — 36,579,979 36,579,979 U.S. Treasury Securities 47,381,524 — — 47,381,524 Purchased Options — 262,365 — 262,365 Written Options — (99,845 ) — (99,845 ) 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 Written Options — 526,288 — 526,288 Funds — (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 Nine Months Ended September 30, 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 (3,556,086 ) Purchase of investments — Sale of investments Transfers in and/or out of Level 3 — Balance of recurring Level 3 assets as of September 30, 2016 $ 36,579,979 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 Purchase of investments 1,000,000 Sale 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 nine months ended September 30, 2016, the Trust did not transfer any assets between Levels 1, 2 and 3. The total change in unrealized appreciation (depreciation) included in the statements of operations attributable to level 3 investments still held at September 30, 2016: Swap contracts $ (3,556,086 ) The total change in unrealized appreciation (depreciation) included in the statements of operations attributable to level 3 investments still held at December 31, 2015: Swap contracts $ 3,145,177 |
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 The Managing Owner has chartered a valuation committee to provide oversight of the valuation process for the Series. The valuation committee meets at least monthly to discuss the valuation process and any valuation issues that may arise. The valuation committee is comprised of senior members of the Managing Owner’s management team with varying areas of expertise that add value to the committee. The valuation committee reports to both the Managing Owner’s Investment Oversight and Risk Committee and the Trust’s Executive Committee. The valuation committee further remains in communication with the Managing Owner’s Due Diligence Committee that provides ongoing counterparty risk monitoring of the swap counterparties. The Managing Owner’s valuation committee monitors some additional input factors such as liquidity, volatility, and counterparty risk in order to further review the valuations provided by the pricing service. 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 September 30, 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 September 30, 2016 Level 1 Inputs Level 2 Inputs Level 3 Inputs Fair Value Equinox Frontier Diversified Fund Investment in Unconsolidated Trading Companies $ 2,714,187 $ — $ 26,799 $ 2,740,986 Open Trade Equity (Deficit) 532,803 — — 532,803 Swap Contracts — — 7,234,984 7,234,984 U.S. Treasury Securities 6,019,126 — — 6,019,126 Equinox Frontier Masters Fund Investment in Unconsolidated Trading Companies 5,758,120 27,303 — 5,785,423 U.S. Treasury Securities 4,925,521 — — 4,925,521 Equinox Frontier Long/Short Commodity Fund Swap Contracts — — 4,258,423 4,258,423 Equinox Frontier Balanced Fund Investment in Unconsolidated Trading Companies 3,776,767 (34,730 ) — 3,742,037 Options Purchased 254,365 — — 254,365 Options Written (97,325 ) — — (97,325 ) Open Trade Equity (Deficit) 1,572,852 (71,287 ) — 1,501,565 Swap Contracts — — 16,586,708 16,586,708 U.S. Treasury Securities 12,034,303 — — 12,034,303 Equinox Frontier Select Fund Investment in Unconsolidated Trading Companies — — 4,121,050 4,121,050 Open Trade Equity (Deficit) 661,158 25,206 — 686,364 U.S. Treasury Securities 2,495,697 — — 2,495,697 Winton Fund Open Trade Equity (Deficit) 6,315 208,194 — 214,509 U.S. Treasury Securities 18,417,716 — — 18,417,716 Equinox Frontier Heritage Fund Investment in Unconsolidated Trading Companies 1,935,936 19,322 — 1,955,258 Swap Contracts — — 8,499,865 8,499,865 U.S. Treasury Securities 3,489,160 — — 3,489,160 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 (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. 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 nine months ended September 30, 2016, 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. For the Nine Months Ended September 30, 2016 Swap Contracts Equinox Frontier Equinox Frontier Balanced Long/Short Commodity Fund Fund Balance of recurring Level 3 assets as of January 1, 2016 $ 19,157,520 $ 4,332,428 Total gains or losses (realized/unrealized): Included in earnings-realized — — Included in earnings-unrealized (2,570,812 ) (74,005 ) 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 September 30, 2016 $ 16,586,708 $ 4,258,423 Equinox Frontier Equinox Frontier Diversified Fund Heritage Fund Balance of recurring Level 3 assets as of January 1, 2016 $ 8,685,849 $ 7,960,268 Total gains or losses (realized/unrealized): Included in earnings-realized — — Included in earnings-unrealized (1,450,865 ) 539,597 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 September 30, 2016 $ 7,234,984 $ 8,499,865 Investments in Unconsolidated Trading Companies: Equinox Frontier Select Fund Balance of recurring Level 3 assets as of January 1, 2016 $ 4,147,840 Change in fair value of investments in unconsolidated trading companies (26,790 ) 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 September 30, 2016 $ 4,121,050 For the Year Ended December 31, 2015 Swap Contracts: 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 nine months ended September 30, 2016, the Trust did not transfer any assets between Levels 1, 2 or 3. The amounts reflected in the change in ownership allocation result from changes in ownership in the underlying Trading Companies at the Series level, which have resulted in changes in consolidation or de-consolidation by the Series. The ownership in the Trading Companies is accounted for under the equity method, which approximates fair value. The total change in unrealized appreciation (depreciation) included in the statements of operations attributable to level 3 investments still held at September 30, 2016: Equinox Frontier Equinox Frontier Long/Short Commodity Equinox Frontier Equinox Frontier Diversified Fund Fund Balanced Fund (3) Heritage Fund Swap Contracts $ (1,450,864 ) $ (74,005 ) $ (2,570,811 ) $ 539,597 Equinox Frontier Select Fund Investments in Unconsolidated Trading Companies $ (26,790 ) 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 Equinox Frontier Equinox Frontier Diversified Fund Commodity Fund Balanced Fund Heritage Fund Swap Contracts $ 2,115,441 $ (300,633 ) $ 910,566 $ 419,803 Equinox Frontier Select Fund Investments in Unconsolidated Trading Companies $ 394,421 |
Swaps
Swaps | 9 Months Ended |
Sep. 30, 2016 | |
Equinox Frontier Funds [Member] | |
Swaps | 4. Swaps 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 September 30, 2016 and December 31, 2015, approximately 14.26% or $36,579,979 and 16.71% or $40,136,065, 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 swap contracts as of and for the nine months ended September 30, 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 $6,986,708 $13,851,707 $1,877,692 Termination Date 3/26/2018 8/2/2018 8/2/2018 8/7/2018 Cash Collateral $5,985,998 $9,600,000 $3,400,000 $3,880,000 Swap Value $2,513,865 $6,986,708 $3,834,984 $378,423 Investee Returns Total Returns Total Returns Total Returns Total Returns Realized Gain/(Loss) $0 $0 $0 $0 Change in Unrealized Gain/(Loss) $539,597 ($2,570,811) ($1,450,864) ($74,005) Fair Value as of 9/30/2016 $8,499,864 $16,586,708 $7,234,984 $4,258,423 The Trust had invested in the following swap contracts 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 $5,285,849 $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 $8,685,849 $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, options 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 September 30, 2016 and December 31, 2015, approximately 9.2% 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 statement 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. The Series have invested in the following Swaps as of and for the nine months ended September 30, 2016: Equinox Frontier Balanced Fund Equinox Frontier Diversified Fund Equinox Frontier Long/Short 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 $6,986,708 $3,834,984 $378,423 $2,513,865 Investee Returns Total Returns Total Returns Total Returns Total Returns Realized Gain/(Loss) $0 $0 $0 $0 Change in Unrealized Gain/(Loss) ($2,570,811) ($1,450,864) ($74,005) $539,597 Fair Value as of 9/30/2016 $16,586,708 $7,234,984 $4,258,423 $8,499,865 The Series have invested in the following Swaps as of and for the year ended December 31, 2015: Equinox Frontier Balanced Fund Equinox Frontier Diversified Fund Equinox Frontier Long/Short 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 $19,157,520 $8,685,849 $4,332,428 $7,960,268 |
Investments in Unconsolidated T
Investments in Unconsolidated Trading Companies and Private Investment Companies | 9 Months Ended |
Sep. 30, 2016 | |
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. The following tables summarize each of the Series; equity in earnings from unconsolidated Trading and Private Investment Companies for the nine and three months ended September 30, 2016 and 2015. Nine Months Ended September 30, 2016 Nine Months Ended September 30, 2015 Trading Realized Change in Net Income Trading Realized Change in Net Income Trading Company Equniox Frontier Balanced Fund — Frontier Trading Company I LLC $ (291,912 ) $ 2,837,850 $ 384,155 $ 2,930,093 $ (292,176 ) $ 4,585,527 $ 853,523 $ 5,146,874 Frontier Trading Company II LLC (8,757 ) (1,043,190 ) 1,401,532 349,585 (15,442 ) 755,710 (159,769 ) 580,499 Frontier Trading Company VII, LLC (97,942 ) 464,066 1,509,176 1,875,300 (273,280 ) 1,842,624 (929,479 ) 639,865 Frontier Trading Company XIV, LLC (1,293 ) 17,904 (24,326 ) (7,715 ) (128 ) (198,125 ) 198,418 165 Frontier Trading Company XV, LLC — (48 ) — (48 ) (38,659 ) (336,022 ) (389,439 ) (764,120 ) Frontier Trading Company XXIX, LLC (10 ) 7,074 — 7,064 — — — — Frontier Trading Company XXXVIII, LLC (27,826 ) (1,526,218 ) 13,264 (1,540,780 ) — — — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC — — 437,015 437,015 — — — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC — — (177,955 ) (177,955 ) — — — — Galaxy Plus Fund - Quest Feeder Fund (517) LLC — — (350,579 ) (350,579 ) — — — — Total $ (427,740 ) $ 757,438 $ 3,192,282 $ 3,521,980 $ (619,685 ) $ 6,649,714 $ (426,746 ) $ 5,603,283 Equniox Frontier Winton Fund — Frontier Trading Company XXXVIII, LLC $ (19,157 ) $ (1,063,587 ) $ (202,316 ) $ (1,285,060 ) $ (22,128 ) $ (216,210 ) $ (188,813 ) $ (427,151 ) Frontier Trading Company II LLC — — — — (30,241 ) 1,667,629 (315,582 ) 1,321,806 Total $ (19,157 ) $ (1,063,587 ) $ (202,316 ) $ (1,285,060 ) $ (52,369 ) $ 1,451,419 $ (504,395 ) $ 894,655 Equniox Frontier Frontier Select Fund — Frontier Trading Company XV, LLC $ — $ — $ — $ — $ — $ (195 ) $ 2,173 $ 1,978 Frontier Trading Company XXXIX, LLC (3,394 ) — 244,376 240,982 — — 325,077 325,077 Frontier Trading Company XXXVIII, LLC (1,211 ) (48,741 ) (6,634 ) (56,586 ) (2,400 ) (20,889 ) 1,477 (21,812 ) Total $ (4,605 ) $ (48,741 ) $ 237,742 $ 184,396 $ (2,400 ) $ (21,084 ) $ 328,727 $ 305,243 Equniox Frontier Heritage Fund — Frontier Trading Company II LLC $ (4,685 ) $ (550,798 ) $ 812,373 $ 256,890 $ (7,685 ) $ 393,849 $ (67,233 ) $ 318,931 Frontier Trading Company XXXVIII, LLC (3,963 ) (202,360 ) (13,279 ) (219,602 ) (4,959 ) (45,529 ) (40,751 ) (91,239 ) Total $ (8,648 ) $ (753,158 ) $ 799,094 $ 37,288 $ (12,644 ) $ 348,320 $ (107,984 ) $ 227,692 Equinox Frontier Long/Short Commodity Fund Frontier Trading Company I LLC $ (3,956 ) $ 145,850 $ 32,717 $ 174,611 $ (963 ) $ 34,635 $ 47,108 $ 80,780 Frontier Trading Companies VII, LLC — — — — (199,038 ) 1,342,402 (891,605 ) 251,759 Frontier Trading Company XXXVIII, LLC (31,322 ) (2,201 ) 209,141 175,618 (6,410 ) 41,749 (77,254 ) (41,915 ) Frontier Trading Company XVIII, LLC (1,920 ) 156,899 (336,795 ) (181,816 ) — — — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC — — (659,908 ) (659,908 ) — — — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC — — (109,616 ) (109,616 ) — — — — Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC — — 199,477 199,477 — — — — Total $ (37,198 ) $ 300,548 $ (664,984 ) $ (401,634 ) $ (206,411 ) $ 1,418,786 $ (921,751 ) $ 290,624 Equinox Frontier Diversified Fund — Frontier Trading Company I LLC $ (260,168 ) $ 1,846,298 $ (187,305 ) $ 1,398,825 $ (78,515 ) $ (220,511 ) $ (338,672 ) $ (637,698 ) Frontier Trading Company II LLC (6,473 ) (758,915 ) 1,364,990 599,602 (11,716 ) 656,803 (145,372 ) 499,715 Frontier Trading Company VII, LLC (80,881 ) (566,171 ) 2,324,104 1,677,052 (244,009 ) 1,812,082 (910,823 ) 657,250 Frontier Trading Company XXIII, LLC (35,775 ) 550,317 104,823 619,365 (58,457 ) 486,662 29,546 457,751 Frontier Trading Company XXXVIII, LLC (16,983 ) (969,669 ) (69,560 ) (1,056,212 ) (24,898 ) (96,032 ) (275,586 ) (396,516 ) Frontier Trading Company XVIII, LLC — — 97,442 97,442 — — — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC — — (448,480 ) (448,480 ) — — — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC — — (67,771 ) (67,771 ) — — — — Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC — — (381,506 ) (381,506 ) — — — — Galaxy Plus Fund - QIM Feeder Fund (526) LLC — — 521,859 521,859 — — — — Galaxy Plus Fund - Doherty Feeder Fund (528) LLC — — 48,062 48,062 — — — — Galaxy Plus Fund - Fort Contrarian Feeder Fund 510 LLC — — 31,247 31,247 — — — — Total $ (400,280 ) $ 101,860 $ 3,337,905 $ 3,039,485 $ (417,595 ) $ 2,639,004 $ (1,640,907 ) $ 580,502 Equinox Frontier Masters Fund — Frontier Trading Company I LLC $ (8,585 ) $ (318,372 ) $ 171,763 $ (155,194 ) $ (15,436 ) $ 1,159,085 $ (608,890 ) $ 534,759 Frontier Trading Company II LLC (3,824 ) (439,230 ) 882,192 439,138 (7,240 ) 343,769 (92,667 ) 243,862 Frontier Trading Company XIV, LLC — — — — — — — — Frontier Trading Company XV, LLC (34,835 ) (4,742 ) 1,102,918 1,063,341 (43,193 ) 292,090 (216,913 ) 31,984 Frontier Trading Company VII, LLC (48,485 ) (371,922 ) 1,208,006 787,599 (131,329 ) 3,279,001 (2,840,510 ) 307,162 Frontier Trading Company XXXVIII, LLC (6,282 ) (372,819 ) 6,333 (372,768 ) (10,575 ) (118,266 ) (76,636 ) (205,477 ) Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC — — (322,513 ) (322,513 ) — — — — Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC — — 363,560 363,560 — — — — Total $ (102,011 ) $ (1,507,085 ) $ 3,412,259 $ 1,803,163 $ (207,773 ) $ 4,955,679 $ (3,835,616 ) $ 912,290 Three Months Ended September 30, 2016 Three Months Ended September 30, 2015 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) Equniox Frontier Balanced Fund — Frontier Trading Company I LLC $ — $ — $ — $ — $ (118,520 ) $ 1,560,943 $ 824,704 $ 2,267,127 Frontier Trading Company II LLC (846 ) (1,046,222 ) 603,092 (443,976 ) (4,454 ) 6,644 560,644 562,834 Frontier Trading Company VII, LLC — — — — (84,201 ) 1,195,982 (1,643,819 ) (532,038 ) Frontier Trading Company XIV, LLC — 8,367 (8,389 ) (22 ) — — — — Frontier Trading Company XV, LLC — (48 ) — (48 ) (4 ) 18,900 (18,900 ) (4 ) Frontier Trading Company XVIII, LLC — — — — — — — — Frontier Trading Company XXXVIII, LLC (4,329 ) 45,984 21,239 62,894 (11,649 ) (1,691,751 ) 340,551 (1,362,849 ) Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC — — 910,981 910,981 — — — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC — — (101,517 ) (101,517 ) — — — — Galaxy Plus Fund - Quest Feeder Fund (517) LLC — — (364,439 ) (364,439 ) — — — — Total $ (5,175 ) $ (991,919 ) $ 1,060,967 $ 63,873 $ (218,828 ) $ 1,090,718 $ 63,180 $ 935,070 Equniox Frontier Winton Fund — $ — $ — $ — $ — $ (2,057 ) $ (222,263 ) $ 1,501,901 $ 1,277,581 Frontier Trading Company II, LLC — — — — (6,643 ) (964,311 ) 206,039 (764,915 ) Frontier Trading Company XXXVIII LLC (5,157 ) (66,996 ) (126,968 ) (199,121 ) — — — — Total $ (5,157 ) $ (66,996 ) $ (126,968 ) $ (199,121 ) $ (8,700 ) $ (1,186,574 ) $ 1,707,940 $ 512,666 Equniox Frontier Frontier Select Fund — Equinox Frontier Trading Company XXXIX, LLC $ — $ — $ (66,933 ) $ (66,933 ) $ — $ — $ 197,541 $ 197,541 Frontier Trading Company XXXVIII, LLC (674 ) 13,128 (12,676 ) (222 ) (603 ) (85,196 ) 17,765 (68,034 ) Total $ (674 ) $ 13,128 $ (79,609 ) $ (67,155 ) $ (603 ) $ (85,196 ) $ 215,306 $ 129,507 Equniox Frontier Heritage Fund — Frontier Trading Company I LLC $ (449 ) $ (555,650 ) $ 383,355 $ (172,744 ) $ — $ — $ — $ — Frontier Trading Company II LLC — — — — (2,498 ) 12,952 263,699 274,153 Frontier Trading Company XXXVIII, LLC (981 ) 12,320 2,409 13,749 (1,471 ) (212,891 ) 45,556 (168,806 ) Total $ (1,430 ) $ (543,329 ) $ 385,764 $ (158,995 ) $ (3,969 ) $ (199,939 ) $ 309,255 $ 105,347 Equinox Frontier Long/Short Commodity Fund Frontier Trading Company I LLC $ 23 $ (14 ) $ — $ 9 $ (963 ) $ 34,635 $ 47,108 $ 80,780 Frontier Trading Companies VII LLC — — — — (50,635 ) 35,765 (1,017,519 ) (1,032,389 ) Frontier Trading Companies XXXVIII, LLC (446 ) 10,584 (103,657 ) (93,519 ) — — — — Frontier Trading Company XXXVIII, LLC — — — — (1,577 ) (234,308 ) 55,899 (179,986 ) Galaxy Plus Fund - LRR Feeder Fund (522) LLC — — (659,908 ) (659,908 ) — — — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC — — 277,877 277,877 — — — — Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC — — (50,904 ) (50,904 ) — — — — Total $ (423 ) $ 10,570 $ (536,592 ) $ (526,445 ) $ (53,175 ) $ (163,908 ) $ (914,512 ) $ (1,131,595 ) Equinox Frontier Diversified Fund — Frontier Trading Company I LLC $ (1,262 ) $ 25,559 $ (14,857 ) $ 9,440 $ (78,515 ) $ (220,511 ) $ (338,672 ) $ (637,698 ) Frontier Trading Company II LLC (621 ) (767,400 ) 761,614 (6,407 ) (3,387 ) 9,344 402,656 408,613 Frontier Trading Company VII, LLC — — — — (75,686 ) 1,085,897 (1,498,186 ) (487,975 ) Frontier Trading Company XXIII, LLC (2,990 ) (77,811 ) 104,823 24,022 (20,756 ) (234,424 ) 360,320 105,140 Frontier Trading Company XXXVIII, LLC (1,657 ) 63,123 (140,346 ) (78,880 ) (7,408 ) (1,049,003 ) 187,977 (868,434 ) Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC — — 741,948 741,948 — — — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC — — (38,994 ) (38,994 ) — — — — Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC — — (592,892 ) (592,892 ) — — — — Galaxy Plus Fund - QIM Feeder Fund (526) LLC — — 615,406 615,406 — — — — Galaxy Plus Fund - Doherty Feeder Fund (528) LLC — — 48,062 48,062 — — — — Galaxy Plus Fund - Fort Contrarian Feeder Fund 510 LLC — — 31,247 31,247 — — — — Total $ (6,530 ) $ (756,529 ) $ 1,516,011 $ 752,952 $ (185,752 ) $ (408,697 ) $ (885,905 ) $ (1,480,354 ) Equinox Frontier Masters Fund — Frontier Trading Company I LLC $ (51 ) $ (31 ) $ $ (82 ) $ (4,901 ) $ (21,609 ) $ 449,957 $ 423,447 Frontier Trading Company II LLC (363 ) (448,676 ) 518,722 69,683 (2,298 ) 11,918 242,567 252,187 Frontier Trading Company XIV, LLC — — — — 28,979 (148,053 ) 801,924 682,850 Frontier Trading Company XV, LLC (5,584 ) (291,976 ) 68,084 (229,476 ) 43,323 (2,343,896 ) 1,731,594 (568,979 ) Frontier Trading Company VII, LLC — — — — (131,329 ) 3,279,001 (2,840,507 ) 307,165 Frontier Trading Company XXXVIII, LLC (1,425 ) 21,438 10,735 30,748 (3,184 ) (451,930 ) 88,864 (366,250 ) Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC — — 387,932 387,932 — — — — Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC — — (92,816 ) (92,816 ) — — — — Total $ (7,423 ) $ (719,245 ) $ 892,657 $ 165,989 $ (69,410 ) $ 325,431 $ 474,399 $ 730,420 The statements of financial condition as of September 30, 2016 and December 31, 2015 and the Condensed Statements of Income for the three and nine months ended September 30, 2016 and 2015 for the unconsolidated Trading and Private Investment Companies are as follows: Frontier Trading Galaxy Plus Fund Galaxy Plus Fund Company XXXVIII - EvE S TP Feeder - LRR Feeder Statements of Financial Condition - September 30, 2016 LLC Fund (516) LLC Fund (522) LLC Cash and cash equivalents $ 16,133 $ 7,639 $ 18,489 Receivable from futures commissions merchants 8,644,929 13,811,237 6,347,028 Open trade equity/(deficit) 16,714 (232,214 ) (235,250 ) Options purchased (written) — 8,000 (2,520 ) Other receivables (payables) (68,043 ) (343,716 ) 4,691 Total assets 8,677,776 13,826,876 6,370,208 Members’ equity $ 8,609,733 $ 13,250,946 $ 6,132,438 Condensed Statement of Income - For the Three Months Ended September 30, 2016 Interest income 646 — — Net realized gain/(loss) on investments, less commissions (425,305 ) 3,262,513 (396,617 ) Change in open trade equity/(deficit) (10,467 ) (444,644 ) (308,062 ) Other fees (36,144 ) (440,426 ) (96,018 ) Net income/(loss) $ (471,270 ) $ 2,377,443 $ (800,697 ) Condensed Statement of Income - For the Nine Months Ended September 30, 2016 Interest income 502 — — Net realized gain/(loss) on investments, less commissions 4,072,397 2,393,246 (788,749 ) Change in open trade equity/(deficit) 36,675 (272,717 ) (199,607 ) Other fees (36,144 ) (520,414 ) (179,870 ) Net income/(loss) $ 4,073,430 $ 1,600,115 $ (1,168,226 ) Frontier Trading Frontier Trading Frontier Trading Statements of Financial Condition - December 31, 2015 Company I LLC Company VII LLC Company XXXVIII LLC Receivable from commission merchants $ 22,187,113 $ 14,330,819 $ 2,670,015 Open trade equity/(deficit) (5,651,525 ) (1,593,860 ) (74,625 ) Interest receivable/(payable) 1,089 3 (134 ) Total assets $ 16,536,677 $ 12,736,962 $ 2,595,255 Members’ equity $ 23,146,746 $ 8,002,461 $ 2,974,694 Condensed Statement of Income - For the Three Months Ended September 30, 2015 Interest income/(expense) $ 85,698 $ 627 $ 944 Net realized gain/(loss) on investments, less commissions (8,312,138 ) (2,887,537 ) (2,218,456 ) Change in open trade equity/(deficit) 2,286,800 (2,252,530 ) (1,511,455 ) Net income/(loss) $ (5,939,640 ) $ (5,139,440 ) $ (3,728,967 ) Condensed Statement of Income - For the six months Ended September 30, 2015 Interest income $ 96,038 $ 627 $ 973 Net realized gain/(loss) on investments, less commissions (8,770,608 ) (8,641,411 ) (2,487,150 ) Change in open trade equity/(deficit) (559,775 ) 5,573,767 788,713 Net income/(loss) $ (9,234,345 ) $ (3,067,017 ) $ (1,697,464 ) The following table summarizes certain Series’ investments in other private investment companies as of September 30, 2016. Other private investment companies in which the Series invested 5% or more of its net assets, as disclosed in the condensed schedule of investments, are individually identified, while smaller investments are aggregated. The Series investments in private investment companies have certain redemption and liquidity restrictions which are described in the following tables. For the nine months ending September 30, 2016 Redemptions Redemptions Liquidity Income(Loss) Management Fees Incentive Fees Notice Period Permitted Restrictions Equinox Frontier Diversified Fund Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC (448,480 ) 35,884 95,930 24 hours Daily None Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC (381,506 ) 33,397 — 24 hours Daily None Trend Following Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC 31,247 25,792 49,846 24 hours Daily None Galaxy Plus Fund - QIM Feeder Fund (526) LLC 521,859 33,907 210,598 24 hours Daily None Equinox Frontier Masters Fund Trend Following Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC 363,560 28,686 327 24 hours Daily None Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC (322,513 ) 21,537 26,263 24 hours Daily None Equinox Frontier Long/Short Commodity Fund Trend Following Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC 199,477 13,430 153 24 hours Daily None Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC (109,616 ) 13,954 37,497 24 hours Daily None Galaxy Plus Fund - LRR Feeder Fund (522) LLC (659,908 ) 71,570 — 24 hours Daily None Equinox Frontier Balanced Fund Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 437,015 43,878 117,116 24 hours Daily None Total ($ 368,865 ) $ 322,035 $ 537,730 |
Transactions with Affiliates
Transactions with Affiliates | 9 Months Ended |
Sep. 30, 2016 | |
Equinox Frontier Funds [Member] | |
Transactions with Affiliates | 5. 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 September 30, 2016, the Trust has a payable to the Managing Owner in the amounts of $1,124,950, $602,808, $, $78,424 and $262,654 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 three months ended September 30, 2016 the Trust paid the Managing Owner $1,124,416, $1,181,056, $923,098 and $1,106,628 for incentive fees, management fees, service fees, and trading fees, respectively. For the three months ended September 30, 2015, the Trust paid the Managing Owner $343,725, $1,244,029, $1,033,970 and $835,725 for incentive fees, management fees, service fees, and trading fees, respectively. For the nine months ended September 30, 2016, the Trust paid the Managing Owner $4,200,079, $3,506,046, $2,785,220 and $2,928,452 for incentive fees, management fees, service fees, and trading fees, respectively. For the nine months ended September 30, 2015, the Trust paid the Managing Owner $5,341,237, $3,813,217, $3,334,861 and $2,643,574 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 nine months ended September 30, 2016 and 2015, amounts received or receivable from the Managing Owner for the difference in monthly service fees from the prepaid initial service fees were $12 and $22,295, 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, 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 interest paid by each Series to the Managing Owner and its ratio to average net assets for the three and nine months ended September 30, 2016 and 2015: Three Months Ended 9/30/2016 9/30/2015 9/30/2016 9/30/2015 Gross Amount Gross Amount Paid to the Paid to the Ratio to Ratio to Managing Managing Average Net Average Net Owner Owner Assets Assets Equinox Frontier Diversified Class 1 $ 995 $ 47,478 0.01 % 0.27 % Equinox Frontier Diversified Class 2 5,366 103,124 0.01 % 0.30 % Equinox Frontier Diversified Class 3 1,996 26,905 0.01 % 0.34 % Equinox Frontier Masters Class 1 1,908 30,886 0.03 % 0.29 % Equinox Frontier Masters Class 2 1,982 27,704 0.03 % 0.31 % Equinox Frontier Masters Class 3 2,264 20,012 0.03 % 0.38 % Equinox Frontier Long/Short Class 2 (232 ) 2,708 -0.03 % 0.22 % Equinox Frontier Long/Short Class 3 (1,019 ) 16,758 -0.02 % 0.22 % Equinox Frontier Long/Short Class 1a (677 ) 12,113 -0.02 % 0.22 % Equinox Frontier Long/Short Class 2a (277 ) 3,611 -0.03 % 0.23 % Equinox Frontier Long/Short Class 3a (126 ) 2,093 -0.01 % 0.27 % Equinox Frontier Balanced Fund Class 1 65,497 193,959 0.11 % 0.27 % Equinox Frontier Balanced Fund Class 1AP 744 2,092 0.11 % 0.01 % Equinox Frontier Balanced Fund Class 2 24,266 67,482 0.11 % 0.27 % Equinox Frontier Balanced Fund Class 2A 126 1,599 0.02 % 0.28 % Equinox Frontier Balanced Fund Class 3A 547 7,310 0.02 % 0.27 % Equinox Frontier Select Fund Class 1 13,572 13,463 0.12 % 0.10 % Equinox Frontier Select Fund Class 1AP 49 51 0.12 % 0.00 % Equinox Frontier Select Fund Class 2 1,691 1,476 0.12 % 0.10 % Equinox Frontier Winton Class 1 70,519 106,747 0.31 % 0.41 % Equinox Frontier Winton Class 1AP 118 163 0.31 % 0.00 % Equinox Frontier Winton Class 2 38,069 53,775 0.31 % 0.41 % Equinox Frontier Heritage Fund Class 1 16,017 26,544 0.19 % 0.27 % Equinox Frontier Heritage Fund Class 1AP 46 173 0.20 % 0.01 % Equinox Frontier Heritage Fund Class 2 5,520 8,814 0.19 % 0.27 % Total $ 248,960 $ 777,040 Nine Months Ended 9/30/2016 9/30/2015 9/30/2016 9/30/2015 Gross Amount Gross Amount Paid to the Paid to the Ratio to Ratio to Managing Managing Average Net Average Net Owner Owner Assets Assets Equinox Frontier Diversified Class 1 $ 8,801 $ 34,336 0.11 % 0.20 % Equinox Frontier Diversified Class 2 34,827 67,171 0.09 % 0.20 % Equinox Frontier Diversified Class 3 11,204 15,095 0.09 % 0.19 % Equinox Frontier Masters Class 1 7,876 21,959 0.11 % 0.20 % Equinox Frontier Masters Class 2 7,736 17,885 0.11 % 0.20 % Equinox Frontier Masters Class 3 7,257 10,832 0.10 % 0.20 % Equinox Frontier Long/Short Class 2 297 2,237 0.03 % 0.18 % Equinox Frontier Long/Short Class 3 1,956 13,363 0.04 % 0.18 % Equinox Frontier Long/Short Class 1a 1,392 10,050 0.04 % 0.18 % Equinox Frontier Long/Short Class 2a 402 2,985 0.03 % 0.19 % Equinox Frontier Long/Short Class 3a 298 1,368 0.03 % 0.18 % Equinox Frontier Balanced Fund Class 1 403,740 564,041 0.65 % 0.78 % Equinox Frontier Balanced Fund Class 1AP 4,600 6,719 0.65 % 0.03 % Equinox Frontier Balanced Fund Class 2 147,443 213,004 0.65 % 0.86 % Equinox Frontier Balanced Fund Class 2A 737 1,000 0.13 % 0.17 % Equinox Frontier Balanced Fund Class 3A 3,248 4,580 0.13 % 0.17 % Equinox Frontier Select Fund Class 1 26,634 54,786 0.22 % 0.40 % Equinox Frontier Select Fund Class 1AP 103 200 0.22 % 0.00 % Equinox Frontier Select Fund Class 2 3,225 6,178 0.22 % 0.41 % Equinox Frontier Winton Class 1 259,609 348,467 1.12 % 1.33 % Equinox Frontier Winton Class 1AP 423 516 1.11 % 0.02 % Equinox Frontier Winton Class 2 136,727 157,203 1.11 % 1.19 % Equinox Frontier Heritage Fund Class 1 61,772 88,009 0.71 % 0.89 % Equinox Frontier Heritage Fund Class 1AP 329 554 0.76 % 0.02 % Equinox Frontier Heritage Fund Class 2 20,981 29,061 0.71 % 0.89 % Total $ 1,151,617 $ 1,671,599 Equinox Financial Group, LLC, an affiliate of the Trust, provides management services for the Managing Owner who paid $0 and $730,000 for the nine months ended September 30, 2016 and 2015, and $264,419 and $0 for the three months ended September 30, 2016 and 2015, respectively. These amounts have no impact on the Series’ financial statements. Solon Capital, LLC, an affiliate of the Trust, provides product development and marketing services. For these services, the Managing Owner paid Solon Capital, LLC, $0 and $623,715, respectively, for the nine months ended September 30, 2016 and 2015 and $0 and $307,442 for the three months ended September 30, 2016 and 2015, respectively. These amounts have no impact on the Series’ financial statements. 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 three months ended September 30, 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. |
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 three and nine months ended September 30, 2016 and 2015: Three Months Ended September 30, 2016 Incentive Fee Management Fee Service Fee Trading Fee Equinox Frontier Diversified Fund $ 1,082 $ 172,538 $ 54,344 363,176 Equinox Frontier Masters Fund — — 33,907 114,515 Equinox Frontier Long/Short Commodity Fund — 6,851 14,402 37,307 Equinox Frontier Balanced Fund 717,152 273,609 493,659 371,721 Equinox Frontier Select Fund 4,472 96,115 85,059 46,641 Equinox Frontier Winton Fund — 361,683 180,394 78,021 Equinox Frontier Heritage Fund — 23,697 61,333 20,665 Three Months Ended September 30, 2015 Incentive Fee Management Fee Service Fee Trading Fee Equinox Frontier Diversified Fund $ 225,279 $ 247,879 $ 97,034 $ 338,055 Equinox Frontier Masters Fund — 173,088 52,129 141,248 Equinox Frontier Long/Short Commodity Fund 14,316 135,721 25,703 58,174 Equinox Frontier Balanced Fund 104,130 254,315 510,140 179,140 Equinox Frontier Select Fund — 76,094 95,067 26,464 Equinox Frontier Winton Fund — 289,752 184,196 69,319 Equinox Frontier Heritage Fund — 67,180 69,701 23,325 Nine Months Ended September 30, 2016 Incentive Fee Management Fee Service Fee Trading Fee Equinox Frontier Diversified Fund $ 1,145,241 $ 612,830 $ 192,417 $ 1,078,238 Equinox Frontier Masters Fund $ 242,029 $ 282,097 $ 117,919 $ 374,686 Equinox Frontier Long/Short Commodity Fund $ 134,601 $ 266,967 $ 53,791 $ 144,846 Equinox Frontier Balanced Fund $ 2,063,001 $ 693,891 $ 1,434,054 $ 729,679 Equinox Frontier Select Fund $ 44,339 $ 234,838 $ 264,208 $ 96,943 Equinox Frontier Winton Fund $ 99,067 $ 902,598 $ 530,072 $ 211,237 Equinox Frontier Heritage Fund $ 9,072 $ 147,416 $ 192,759 $ 61,341 Nine Months Ended September 30, 2015 Incentive Fee Management Fee Service Fee Trading Fee Equinox Frontier Diversified Fund $ 1,863,521 $ 737,187 $ 327,202 $ 1,059,953 Equinox Frontier Masters Fund 576,374 534,244 178,120 442,582 Equinox Frontier Long/Short Commodity Fund 94,518 685,777 99,917 211,770 Equinox Frontier Balanced Fund 1,827,118 819,552 1,521,144 519,831 Equinox Frontier Select Fund 177,351 421,826 297,904 82,892 Equinox Frontier Winton Fund 622,124 862,495 534,989 192,618 Equinox Frontier Heritage Fund 131,123 245,785 202,143 65,398 The following table summarizes fees payable to the Managing Owner as of September 30, 2016 and December 31, 2015. Incentive Fees Management Fees Interest Fees Service Fees Trading Fees As of September 30, 2016 Equinox Frontier Diversified Fund $ — $ 53,853 $ 2,195 $ 14,613 $ 116,232 Equinox Frontier Masters Fund 93,431 1,323 1,900 10,044 40,248 Equinox Frontier Long/Short Commodity Fund — 1,622 — 4,817 12,902 Equinox Frontier Balanced Fund 718,767 139,971 27,157 153,326 55,233 Equinox Frontier Select Fund 4,473 63,415 4,546 29,863 8,420 Equinox Frontier Winton Fund — 262,915 35,996 57,927 22,388 Equinox Frontier Heritage Fund — 334 6,630 21,474 7,232 Incentive Fees Management Fees Interest Fees Service Fees Trading Fees As of December 31, 2015 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. For the nine months ended September 30, 2016, amounts paid or owed to the Managing Owner for the difference in monthly service fees from prepaid initial service fees were $5,794 for the Equinox Frontier Balanced Fund, $25 for the Equinox Frontier Long/Short Commodity Fund, $1,727 for the Equinox Frontier Diversified Fund, $25 for the Equinox Frontier Select Fund, $597 for the Equinox Frontier Heritage Fund, $13,505 for the Equinox Frontier Winton Fund and $362 for the Equinox Frontier Masters Fund. For the nine months ended September 30, 2015, amounts paid or owed to the Managing Owner for the difference in monthly service fees from prepaid initial service fees were $6,824 for the Equinox Frontier Balanced Fund, $648 for the Equinox Frontier Long/Short Commodity Fund, $876 for the Equinox Frontier Diversified Fund, $361 for the Equinox Frontier Select Fund, $990 for the Equinox Frontier Heritage Fund, $11,602 for the Equinox Frontier Winton Fund and $994 for the Equinox Frontier Masters Fund. 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, 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 interest paid by each Series to the Managing Owner and its ratio to average net assets for the three and nine months ended September 30, 2016 and 2015: The following table outlines the interest paid by each Series to the Managing Owner and its ratio to average net assets for the three and nine months ended September 30, 2016 and 2015: Three Months Ended 9/30/2016 9/30/2015 9/30/2016 9/30/2015 Gross Amount Gross Amount Paid to the Paid to the Ratio to Ratio to Managing Managing Average Net Average Net Owner Owner Assets Assets Equinox Frontier Diversified Class 1 $ 995 $ 47,478 0.01% 0.27% Equinox Frontier Diversified Class 2 5,366 103,124 0.01% 0.30% Equinox Frontier Diversified Class 3 1,996 26,905 0.01% 0.34% Equinox Frontier Masters Class 1 1,908 30,886 0.03% 0.29% Equinox Frontier Masters Class 2 1,982 27,704 0.03% 0.31% Equinox Frontier Masters Class 3 2,264 20,012 0.03% 0.38% Equinox Frontier Long/Short Class 2 (232 ) 2,708 -0.03% 0.22% Equinox Frontier Long/Short Class 3 (1,019 ) 16,758 -0.02% 0.22% Equinox Frontier Long/Short Class 1a (677 ) 12,113 -0.02% 0.22% Equinox Frontier Long/Short Class 2a (277 ) 3,611 -0.03% 0.23% Equinox Frontier Long/Short Class 3a (126 ) 2,093 -0.01% 0.27% Equinox Frontier Balanced Fund Class 1 65,497 193,959 0.11% 0.27% Equinox Frontier Balanced Fund Class 1AP 744 2,092 0.11% 0.01% Equinox Frontier Balanced Fund Class 2 24,266 67,482 0.11% 0.27% Equinox Frontier Balanced Fund Class 2A 126 1,599 0.02% 0.28% Equinox Frontier Balanced Fund Class 3A 547 7,310 0.02% 0.27% Equinox Frontier Select Fund Class 1 13,572 13,463 0.12% 0.10% Equinox Frontier Select Fund Class 1AP 49 51 0.12% 0.00% Equinox Frontier Select Fund Class 2 1,691 1,476 0.12% 0.10% Equinox Frontier Winton Class 1 70,519 106,747 0.31% 0.41% Equinox Frontier Winton Class 1AP 118 163 0.31% 0.00% Equinox Frontier Winton Class 2 38,069 53,775 0.31% 0.41% Equinox Frontier Heritage Fund Class 1 16,017 26,544 0.19% 0.27% Equinox Frontier Heritage Fund Class 1AP 46 173 0.20% 0.01% Equinox Frontier Heritage Fund Class 2 5,519 8,814 0.19% 0.27% Total $ 248,960 $ 777,040 Nine Months Ended 9/30/2016 9/30/2015 9/30/2016 9/30/2015 Gross Amount Gross Amount Paid to the Paid to the Ratio to Ratio to Managing Managing Average Net Average Net Owner Owner Assets Assets Equinox Frontier Diversified Class 1 $ 8,801 $ 34,336 0.11% 0.20% Equinox Frontier Diversified Class 2 34,827 67,171 0.09% 0.20% Equinox Frontier Diversified Class 3 11,204 15,095 0.09% 0.19% Equinox Frontier Masters Class 1 7,876 21,959 0.11% 0.20% Equinox Frontier Masters Class 2 7,736 17,885 0.11% 0.20% Equinox Frontier Masters Class 3 7,257 10,832 0.10% 0.20% Equinox Frontier Long/Short Class 2 297 2,237 0.03% 0.18% Equinox Frontier Long/Short Class 3 1,956 13,363 0.04% 0.18% Equinox Frontier Long/Short Class 1a 1,392 10,050 0.04% 0.18% Equinox Frontier Long/Short Class 2a 402 2,985 0.03% 0.19% Equinox Frontier Long/Short Class 3a 298 1,368 0.03% 0.18% Equinox Frontier Balanced Fund Class 1 403,740 564,041 0.65% 0.78% Equinox Frontier Balanced Fund Class 1AP 4,600 6,719 0.65% 0.03% Equinox Frontier Balanced Fund Class 2 147,443 213,004 0.65% 0.86% Equinox Frontier Balanced Fund Class 2A 737 1,000 0.13% 0.17% Equinox Frontier Balanced Fund Class 3A 3,248 4,580 0.13% 0.17% Equinox Frontier Select Fund Class 1 26,634 54,786 0.22% 0.40% Equinox Frontier Select Fund Class 1AP 103 200 0.22% 0.00% Equinox Frontier Select Fund Class 2 3,225 6,178 0.22% 0.41% Equinox Frontier Winton Class 1 259,609 348,467 1.12% 1.33% Equinox Frontier Winton Class 1AP 423 516 1.11% 0.02% Equinox Frontier Winton Class 2 136,727 157,203 1.11% 1.19% Equinox Frontier Heritage Fund Class 1 61,772 88,009 0.71% 0.89% Equinox Frontier Heritage Fund Class 1AP 329 554 0.76% 0.02% Equinox Frontier Heritage Fund Class 2 20,980 29,061 0.71% 0.89% Total $ 1,151,617 $ 1,671,599 Equinox Financial Group, LLC, an affiliate of the Trust, provides management services for the Managing Owner who paid to Equinox Financial Group, LLC $0 and $730,000 for the nine months ended September 30, 2016 and 2015, and $0 and $425,000 for the three months ended September 30, 2016 and 2015, respectively. These amounts had no impact on the Series’ financial statements. Solon Capital, LLC, an affiliate of the Trust, provides product development and marketing services to the Trust. For these services, the Managing Owner paid Solon Capital, LLC, $527,382 and $623,715, respectively, for the nine months ended September 30, 2016 and 2015 and $264,419 and $0 for the three months ended September 30, 2016 and 2015, respectively. These amounts had no impact on the Series’ financial statements. 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. Related Parties— |
Financial Highlights
Financial Highlights | 9 Months Ended |
Sep. 30, 2016 | |
Equinox Frontier Funds [Member] | |
Financial Highlights | 6. Financial Highlights The following information presents the financial highlights of the Trust for the three and nine months ended September 30, 2016 and 2015. This data has been derived from the information presented in the consolidated financial statements. Three months ended 2016 2015 Ratios to average net assets (1) Net investment gain/(loss) (1) -5.97 % -4.69 % Expenses before incentive fees (3) 5.58 % 4.93 % Expenses after incentive fees (3) 6.07 % 5.07 % Total return before incentive fees (2) -0.95 % 0.66 % Total return after incentive fees (2) -1.43 % 0.53 % Nine months ended 2016 2015 Ratios to average net assets (1) Net investment gain/(loss) (1) -6.73 % -6.54 % Expenses before incentive fees (3) 5.24 % 4.94 % Expenses after incentive fees (3) 7.01 % 6.95 % Total return before incentive fees (2) 3.96 % 1.27 % Total return after incentive fees (2) 2.19 % -0.08 % (1) Annualized with the exception of incentive fees. (2) Total returns are not annualized. (3) Expense ratios do not reflect interest allocated to the Managing Owner as such expenses are not included in the Consolidated Statements of Operations of the Trust. See footnote 5. The Trust financial highlights are calculated based upon the Trust’s consolidated financial statements. The consolidated Trust does not issue units and therefore the financial highlights do not disclose any unitized data. |
Series Of Frontier Fund [Member] | |
Financial Highlights | 7. Financial Highlights The following information presents the financial highlights of the Trust, with respect to the Series, for the three and nine months ended September 30, 2016 and 2015. 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, June 30, 2016 $ 118.06 $ 133.61 $ 123.73 $ 119.85 $ 135.61 $ 126.09 $ 92.95 $ 130.55 $ 105.26 $ 130.45 $ 105.62 Net operating results: Interest income 0.07 0.07 0.07 0.14 0.16 0.15 0.00 0.00 0.00 0.00 0.00 Expenses (2.08 ) (1.28 ) (1.18 ) (1.35 ) (0.78 ) (0.73 ) (0.91 ) (0.63 ) (0.51 ) (0.63 ) (0.52 ) Net gain/(loss) on investments, net of non-controlling interests (0.25 ) (0.78 ) (0.64 ) 0.40 0.31 0.38 (2.30 ) (4.36 ) (2.98 ) (3.05 ) (1.63 ) Net income/(loss) (2.27 ) (1.98 ) (1.75 ) (0.81 ) (0.31 ) (0.20 ) (3.21 ) (4.99 ) (3.49 ) (3.68 ) (2.15 ) Net asset value, September 30, 2016 $ 115.79 $ 131.63 $ 121.98 $ 119.04 $ 135.30 $ 125.89 $ 89.74 $ 125.56 $ 101.77 $ 126.77 $ 103.47 Ratios to average net assets (3) Net investment income/(loss) -6.85 % -3.60 % -3.60 % -4.01 % -1.82 % -1.82 % -4.02 % -1.99 % -1.99 % -1.99 % -1.99 % Expenses before incentive fees (4) 7.07 % 3.82 % 3.82 % 4.48 % 2.29 % 2.29 % 4.02 % 1.99 % 1.99 % 1.99 % 1.99 % Expenses after incentive fees (4) 7.07 % 3.82 % 3.82 % 4.48 % 2.29 % 2.29 % 4.02 % 1.99 % 1.99 % 1.99 % 1.99 % Total return before incentive fees (2) -1.92 % -1.48 % -1.41 % -0.68 % -0.23 % -0.16 % -3.45 % -3.82 % -3.32 % -2.82 % -2.04 % Total return after incentive fees (2) -1.92 % -1.48 % -1.41 % -0.68 % -0.23 % -0.16 % -3.45 % -3.82 % -3.32 % -2.82 % -2.04 % 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, June 30, 2016 $ 130.50 $ 138.23 $ 185.92 $ 160.94 $ 160.41 $ 98.12 $ 103.93 $ 137.92 Net operating results: Interest income 0.00 0.00 0.01 0.01 0.01 0.00 0.00 0.00 Expenses (3.19 ) (2.23 ) (3.00 ) (2.60 ) (2.59 ) (1.80 ) (1.16 ) (1.53 ) Net gain/(loss) on investments, net of non-controlling interests 3.21 3.31 4.46 4.01 3.99 (0.06 ) (0.02 ) (0.04 ) Net income/(loss) 0.02 1.08 1.46 1.41 1.40 (1.86 ) (1.18 ) (1.57 ) Net asset value, September 30, 2016 $ 130.52 $ 139.31 $ 187.38 $ 162.35 $ 161.81 $ 96.26 $ 102.75 $ 136.35 Ratios to average net assets (3) Net investment income/(loss) -7.17 % -3.86 % -3.86 % -3.86 % -3.86 % -7.24 % -4.34 % -4.34 % Expenses before incentive fees (4) 6.35 % 3.04 % 3.04 % 3.04 % 3.04 % 7.21 % 4.31 % 4.31 % Expenses after incentive fees (4) 7.19 % 3.87 % 3.87 % 3.87 % 3.87 % 7.24 % 4.34 % 4.34 % Total return before incentive fees (2) 0.85 % 1.62 % 1.62 % 1.71 % 1.71 % -1.86 % -1.10 % -1.10 % Total return after incentive fees (2) 0.02 % 0.78 % 0.79 % 0.88 % 0.87 % -1.90 % -1.14 % -1.14 % 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, June 30, 2016 $ 171.53 $ 181.68 $ 230.67 $ 129.77 $ 137.45 $ 183.94 Net operating results: Interest income 0.00 0.00 0.00 0.00 0.00 0.00 Expenses (3.43 ) (2.23 ) (2.84 ) (1.42 ) (0.53 ) (0.71 ) Net gain/(loss) on investments, net of non-controlling interests (4.88 ) (5.23 ) (6.63 ) (3.71 ) (3.88 ) (5.18 ) Net income/(loss) (8.31 ) (7.46 ) (9.47 ) (5.13 ) (4.41 ) (5.89 ) Net asset value, September 30, 2016 $ 163.22 $ 174.22 $ 221.20 $ 124.64 $ 133.04 $ 178.05 Ratios to average net assets (3) Net investment income/(loss) -8.16 % -5.00 % -5.00 % -4.45 % -1.56 % -1.56 % Expenses before incentive fees (4) 8.16 % 5.00 % 5.00 % 4.45 % 1.56 % 1.56 % Expenses after incentive fees (4) 8.16 % 5.00 % 5.00 % 4.45 % 1.56 % 1.56 % Total return before incentive fees (2) -4.84 % -4.11 % -4.11 % -3.95 % -3.21 % -3.20 % Total return after incentive fees (2) -4.84 % -4.11 % -4.11 % -3.95 % -3.21 % -3.20 % (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 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 0.64 0.72 0.67 0.65 0.74 0.69 0.30 0.42 0.34 0.42 0.34 Expenses (8.53 ) (6.55 ) (6.05 ) (7.00 ) (5.69 ) (5.29 ) (5.97 ) (6.32 ) (5.09 ) (6.32 ) (5.11 ) Net gain/(loss) on investments, net of non-controlling interests 8.16 7.86 7.50 12.52 13.65 12.92 0.65 (0.63 ) 0.33 0.53 1.38 Net income/(loss) 0.27 2.03 2.11 6.17 8.70 8.32 (5.02 ) (6.54 ) (4.42 ) (5.37 ) (3.39 ) Net asset value, September 30, 2016 $ 115.79 $ 131.63 $ 121.98 $ 119.04 $ 135.30 $ 125.89 $ 89.74 $ 125.56 $ 101.77 $ 126.77 $ 103.47 Ratios to average net assets (3) Net investment income/(loss) -8.24 % -5.16 % -5.16 % -6.79 % -4.57 % -4.57 % -7.65 % -5.58 % -5.58 % -5.58 % -5.55 % Expenses before incentive fees (4) 6.98 % 3.91 % 3.91 % 6.39 % 4.16 % 4.16 % 6.92 % 4.86 % 4.86 % 4.86 % 4.74 % Expenses after incentive fees (4) 8.95 % 5.88 % 5.88 % 7.53 % 5.31 % 5.31 % 8.07 % 6.01 % 6.01 % 6.01 % 5.98 % Total return before incentive fees (2) 2.21 % 3.54 % 3.73 % 6.61 % 8.02 % 8.22 % -4.15 % -3.80 % -3.01 % -2.91 % -1.93 % Total return after incentive fees (2) 0.23 % 1.57 % 1.76 % 5.47 % 6.87 % 7.08 % -5.30 % -4.95 % -4.16 % -4.06 % -3.17 % 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 0.02 0.03 0.03 0.03 0.03 0.00 0.00 0.00 Expenses (8.27 ) (5.50 ) (7.40 ) (6.40 ) (6.37 ) (4.84 ) (2.85 ) (3.79 ) Net gain/(loss) on investments, net of non-controlling interests 10.73 11.20 15.05 13.84 13.79 10.75 11.32 15.03 Net income/(loss) 2.49 5.72 7.69 7.47 7.44 5.91 8.47 11.24 Net asset value, September 30, 2016 $ 130.52 $ 139.31 $ 187.38 $ 162.35 $ 161.81 $ 96.26 $ 102.75 $ 136.35 Ratios to average net assets (3) Net investment income/(loss) -7.57 % -4.47 % -4.47 % -4.47 % -4.47 % -6.60 % -3.64 % -3.64 % Expenses before incentive fees (4) 5.26 % 2.16 % 2.16 % 2.16 % 2.16 % 6.27 % 3.31 % 3.31 % Expenses after incentive fees (4) 7.59 % 4.50 % 4.50 % 4.50 % 4.50 % 6.60 % 3.64 % 3.64 % Total return before incentive fees (2) 4.28 % 6.62 % 6.61 % 7.16 % 7.15 % 6.87 % 9.31 % 9.31 % Total return after incentive fees (2) 1.94 % 4.28 % 4.28 % 4.82 % 4.82 % 6.54 % 8.98 % 8.98 % 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 0.00 0.00 0.00 0.00 0.00 0.00 Expenses (9.59 ) (6.06 ) (7.70 ) (5.25 ) (2.54 ) (3.38 ) Net gain/(loss) on investments, net of non-controlling interests 8.64 8.98 11.39 5.62 5.91 7.89 Net income/(loss) (0.95 ) 2.91 3.69 0.37 3.37 4.51 Net asset value, September 30, 2016 $ 163.22 $ 174.22 $ 221.20 $ 124.64 $ 133.04 $ 178.05 Ratios to average net assets (3) Net investment income/(loss) -7.51 % -4.46 % -4.46 % -5.42 % -2.46 % -2.46 % Expenses before incentive fees (4) 7.23 % 4.19 % 4.19 % 5.35 % 2.38 % 2.38 % Expenses after incentive fees (4) 7.51 % 4.47 % 4.47 % 5.42 % 2.46 % 2.46 % Total return before incentive fees (2) -0.30 % 1.98 % 1.97 % 0.38 % 2.68 % 2.68 % Total return after incentive fees (2) -0.58 % 1.70 % 1.70 % 0.30 % 2.60 % 2.60 % (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 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, June 30, 2015 115.55 128.49 118.7 110.01 122.32 113.45 107.17 148.16 119.03 148.2 119.64 Net operating results: Interest income 0.30 0.33 0.31 0.30 0.34 0.31 0.20 0.28 0.23 0.28 0.23 Expenses (2.46 ) (1.89 ) (1.75 ) (2.16 ) (1.69 ) (1.57 ) (1.96 ) (1.97 ) (1.58 ) (1.97 ) (1.59 ) Net gain/(loss) on investments, net of non-controlling interests 3.61 3.75 3.53 5.16 5.57 5.25 (7.11 ) (9.94 ) (8.01 ) (9.94 ) (7.98 ) Net income/(loss) 1.45 2.19 2.09 3.30 4.22 3.99 (8.87 ) (11.63 ) (9.36 ) (11.63 ) (9.34 ) Net asset value, September 30, 2015 117.00 130.68 120.79 113.31 126.54 117.44 98.30 136.53 109.67 136.57 110.30 Ratios to average net assets (3) Net investment income/(loss) -6.06 % -3.51 % -3.51 % -6.45 % -4.22 % -4.22 % -6.47 % -4.40 % -4.40 % -4.40 % -4.38 % Expenses before incentive fees (4) 6.66 % 4.11 % 4.11 % 7.50 % 5.28 % 5.28 % 7.16 % 5.08 % 5.08 % 5.08 % 5.06 % Expenses after incentive fees (4) 7.05 % 4.51 % 4.51 % 7.50 % 5.28 % 5.28 % 7.25 % 5.18 % 5.18 % 5.18 % 5.16 % Total return before incentive fees (2) 1.65 % 2.10 % 2.16 % 3.00 % 3.45 % 3.52 % -8.18 % -7.76 % -7.77 % -7.75 % -7.71 % Total return after incentive fees (2) 1.25 % 1.70 % 1.76 % 3.00 % 3.45 % 3.52 % -8.28 % -7.85 % -7.86 % -7.85 % -7.81 % 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, June 30, 2015 131.82 135.49 182.24 156.36 155.85 87.31 89.74 119.09 Net operating results: Interest income 0.01 0.01 0.01 0.01 0.01 0.00 0.00 0.00 Expenses (1.75 ) (0.77 ) (1.04 ) (0.89 ) (0.89 ) (4.45 ) (0.72 ) (0.96 ) Net gain/(loss) on investments, net of non-controlling interests (0.18 ) (0.20 ) (0.26 ) 9.90 0.14 10.30 7.46 9.90 Net income/(loss) (1.92 ) (0.96 ) (1.29 ) (0.74 ) (0.74 ) 5.85 6.74 8.94 Net asset value, September 30, 2015 129.90 134.53 180.95 155.62 155.11 93.16 96.48 128.03 Ratios to average net assets (3) Net investment income/(loss) -4.90 % -1.90 % -1.90 % -1.90 % -1.90 % -6.24 % -3.02 % -3.02 % Expenses before incentive fees (4) 4.82 % 1.82 % 1.82 % 1.82 % 1.82 % 6.24 % 3.02 % 3.02 % Expenses after incentive fees (4) 4.93 % 1.93 % 1.93 % 1.93 % 1.93 % 6.24 % 3.02 % 3.02 % Total return before incentive fees (2) -1.35 % -0.60 % -0.60 % -0.36 % -0.36 % 6.70 % 7.51 % 7.51 % Total return after incentive fees (2) -1.46 % -0.71 % -0.71 % -0.47 % -0.47 % 6.70 % 7.51 % 7.51 % 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, June 30, 2015 165.85 170.46 216.43 126.10 129.61 173.45 Net operating results: Interest income 0.00 0.00 0.00 0.00 0.00 0.00 Expenses (2.92 ) (1.70 ) (2.16 ) (2.40 ) (1.10 ) (1.48 ) Net gain/(loss) on investments, net of non-controlling interests 6.42 6.63 8.41 5.45 5.24 7.02 Net income/(loss) 3.50 4.93 6.25 3.05 4.14 5.54 Net asset value, September 30, 2015 169.35 175.39 222.68 129.15 133.75 178.99 Ratios to average net assets (3) Net investment income/(loss) -6.89 % -3.89 % 3.89 % -7.39 % -1.56 % -3.30 % Expenses before incentive fees (4) 6.89 % 3.89 % 3.89 % 7.39 % 1.56 % 3.30 % Expenses after incentive fees (4) 6.89 % 3.89 % 3.89 % 7.39 % 1.56 % 3.30 % Total return before incentive fees (2) 2.11 % 2.89 % 2.89 % 2.42 % 3.19 % 3.19 % Total return after incentive fees (2) 2.11 % 2.89 % 2.89 % 2.42 % 3.19 % 3.19 % (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 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, 2014 113.09 124.67 115.03 116.61 128.53 119.06 101.12 138.30 111.35 138.34 111.77 Net operating results: Interest income 0.96 1.06 0.98 0.97 1.08 0.99 0.78 1.08 0.87 1.08 0.87 Expenses (9.83 ) (8.35 ) (7.70 ) (9.43 ) (8.24 ) (7.60 ) (7.42 ) (7.88 ) (6.34 ) (7.88 ) (6.32 ) Net gain/(loss) on investments, net of non-controlling interests 12.78 13.30 12.48 5.16 5.17 4.99 3.82 5.03 3.79 5.03 3.98 Net income/(loss) 3.91 6.01 5.76 (3.30 ) (1.99 ) (1.62 ) (2.82 ) (1.77 ) (1.68 ) (1.77 ) (1.47 ) Net asset value, September 30, 2015 117.00 130.68 120.79 113.31 126.54 117.44 98.30 136.53 109.67 136.57 110.30 Ratios to average net assets (3) Net investment income/(loss) -8.63 % -6.13 % -6.13 % -8.69 % -6.48 % -6.48 % -7.52 % -5.44 % -5.44 % -5.44 % -5.41 % Expenses before incentive fees (4) 6.54 % 4.04 % 4.04 % 7.46 % 5.25 % 5.25 % 6.73 % 4.64 % 4.64 % 4.64 % 4.53 % Expenses after incentive fees (4) 9.86 % 7.18 % 7.18 % 9.78 % 7.56 % 7.56 % 8.48 % 6.40 % 6.40 % 6.40 % 6.37 % Total return before incentive fees (2) 6.59 % 7.95 % 8.14 % -0.51 % 0.77 % 0.96 % -1.04 % 0.47 % 0.24 % 0.47 % 0.52 % Total return after incentive fees (2) 3.46 % 4.82 % 5.01 % -2.83 % -1.55 % -1.36 % -2.79 % -1.28 % -1.51 % -1.28 % -1.32 % 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 0.03 0.03 0.04 0.04 0.04 0.00 0.00 0.00 Expenses (7.16 ) (4.14 ) (5.57 ) (4.77 ) (4.76 ) (16.20 ) (12.25 ) (16.28 ) Net gain/(loss) on investments, net of non-controlling interests 5.49 5.44 7.32 7.33 7.32 13.75 11.91 15.83 Net income/(loss) (1.64 ) 1.33 1.79 2.60 2.59 (2.45 ) (0.34 ) (0.45 ) Net asset value, September 30, 2015 129.90 134.53 180.95 155.62 155.11 93.16 96.48 128.03 Ratios to average net assets (3) Net investment income/(loss) -6.34 % -3.34 % -3.34 % -3.34 % -3.34 % -20.64 % -14.84 % -14.84 % Expenses before incentive fees (4) 4.79 % 1.78 % 1.78 % 1.78 % 1.78 % 15.90 % 10.10 % 10.10 % Expenses after incentive fees (4) 6.37 % 3.37 % 3.37 % 3.37 % 3.37 % 20.64 % 14.84 % 14.84 % Total return before incentive fees (2) 0.34 % 2.58 % 3.28 % 3.28 % 3.28 % 2.17 % 4.38 % 4.38 % Total return after incentive fees (2) -1.25 % 1.00 % 1.00 % 1.70 % 1.70 % -2.56 % -0.35 % -0.35 % 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 (9.48 ) (6.09 ) (8.77 ) (7.39 ) (4.44 ) (5.95 ) Net gain/(loss) on investments, net of non-controlling interests 2.88 4.11 5.22 6.26 6.26 8.38 Net income/(loss) (6.60 ) (2.79 ) (3.55 ) (1.13 ) 1.82 2.43 Net Net asset value, September 30, 2015 169.35 175.39 222.68 129.15 133.75 178.99 Ratios to average net assets (3) Net investment income/(loss) -6.53 % -4.47 % -4.47 % -6.95 % -3.95 % -3.95 % Expenses before incentive fees (4) 4.71 % 2.65 % 2.65 % 5.95 % 2.94 % 2.94 % Expenses after incentive fees (4) 6.53 % 4.47 % 4.47 % 6.95 % 3.95 % 3.95 % Total return before incentive fees (2) -1.94 % 0.25 % 0.25 % 0.14 % 2.39 % 2.38 % Total return after incentive fees (2) -3.75 % -1.57 % -1.57 % -0.87 % 1.38 % 1.38 % (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. |
Derivative Instruments and Hedg
Derivative Instruments and Hedging Activities | 9 Months Ended |
Sep. 30, 2016 | |
Equinox Frontier Funds [Member] | |
Derivative Instruments and Hedging Activities | 7. 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 September 30, 2016 and December 31, 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 three and nine months ended September 30, 2016 and 2015, the monthly average of futures contracts bought was approximately 51,346 and 10,232, respectively and sold was approximately 50,577 and 10,304, respectively. Realized Trading Revenue from Futures, Forwards and Options for the Three Months Ended September 30, 2016 Type of contract Metals $ 583,815 Currencies 1,114,620 Energies 423,499 Agriculturals (332,644 ) Interest rates 1,923,178 Stock indices 4,452,854 Realized trading income/(loss) (1) $ 8,165,323 Realized Trading Revenue from Futures, Forwards and Options for the Three Months Ended September 30, 2015 Type of contract Metals $ 2,479,348 Currencies (1,895,930 ) Energies 6,449,121 Agriculturals (527,759 ) Interest rates (127,865 ) Stock indices (10,281,160 ) Realized trading income/(loss) (1) $ (3,904,245 ) Realized Trading Revenue from Futures, Forwards and Options for the Nine Months Ended September 30, 2016 Type of contract Metals $ (4,841,613 ) Currencies (3,513,673 ) Energies 2,367,334 Agriculturals (1,475,832 ) Interest rates 17,331,004 Stock indices (146,952 ) Realized trading income/(loss) (1) $ 9,720,269 Realized Trading Revenue from Futures, Forwards and Options for the Nine Months Ended September 30, 2015 Type of contract Metals $ (1,050,465 ) Currencies 2,238,262 Energies 11,201,093 Agriculturals (609,537 ) Interest rates 8,022,959 Stock indices 2,102,419 Realized trading income/(loss) (1) $ 21,904,731 Net Change in Open Trade Equity from Futures, Forwards and Options for the Three Months Ended September 30, 2016 Type of contract Metals $ (515,783 ) Currencies (2,066,999 ) Energies (1,166,561 ) Agriculturals (131,343 ) Interest rates (4,152,491 ) Stock indices 1,122,646 Change in unrealized trading income/(loss) (1) $ (6,910,531 ) Net Change in Open Trade Equity from Futures, Forwards and Options for the Three Months Ended September 30, 2015 Type of contract Metals $ (165,881 ) Currencies (644,008 ) Energies (3,278,490 ) Agriculturals 426,232 Interest rates 5,601,833 Stock indices 3,455,538 Change in unrealized trading income/(loss) (1) $ 5,395,224 Net Change in Open Trade Equity from Futures, Forwards and Options for the Nine Months Ended September 30, 2016 Type of contract Metals $ 1,937,944 Currencies 133,102 Energies 1,583,719 Agriculturals 436,654 Interest rates 1,761,984 Stock indices 1,910,770 Change in unrealized trading income/(loss) (1) $ 7,764,172 Net Change in Open Trade Equity from Futures, Forwards and Options for the Nine Months Ended September 30, 2015 Type of contract Metals $ 725,357 Currencies (2,649,965 ) Energies (7,965,479 ) Agriculturals 864,292 Interest rates 1,206,417 Stock indices (280,735 ) Change in unrealized trading income/(loss) (1) $ (8,100,113 ) (1) Amounts recorded in the Statements of Operations under Net realized gain(loss) on futures forwards and options. 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 September 30, 2016 and December 31, 2015: Offsetting of Derivative Assets and Liabilities As of September 30, 2016 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) $ 6,930,061 $ (4,462,284 ) $ 2,467,777 Options Purchased 262,365 — 262,365 Options Written — (99,845 ) (99,845 ) Swap Contracts 36,579,979 — 36,579,979 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 Three Months Ended September 30, 2016 Monthly average contracts: Bought Sold Equinox Frontier Long/Short Commodity Fund 81 151 Equinox Frontier Balanced Fund 7,269 6,943 Equinox Frontier Diversified Fund 527 460 Equinox Frontier Select Fund 1,446 1,498 Equinox Frontier Winton Fund 3,531 3,509 for the Three Months Ended September 30, 2015 Monthly average contracts: Bought Sold Equinox Frontier Long/Short Commodity Fund — — Equinox Frontier Balanced Fund 1,423 1,383 Equinox Frontier Diversified Fund 1,503 1,468 Equinox Frontier Select Fund 526 547 for the Nine Months Ended September 30, 2016 Monthly average contracts: Bought Sold Equinox Frontier Long/Short Commodity Fund 61 74 Equinox Frontier Balanced Fund 4,886 4,834 Equinox Diversified Fund 215 179 Equinox Frontier Select Fund 2,298 2,207 Equinox Frontier Winton Fund 2,631 2,466 for the Nine Months Ended September 30, 2016 Monthly average contracts: Bought Sold Equinox Frontier Long/Short Commodity Fund — — Equinox Frontier Balanced Fund 4,830 4,859 Equinox Diversified Fund 7,657 7,698 Equinox Frontier Select Fund 1,664 1,743 The following tables summarize the trading revenues for the three and nine months ended September 30, 2016 and 2015 by contract type: Realized Trading Revenue from Futures, Forwards and Options for the Three Months Ended September 30, 2016 Type of contract Equinox Frontier Winton Fund Equinox Frontier Balanced Fund Equinox Frontier Select Fund Equinox Frontier Diversified Fund Metals $ 137,169 34,207 $ (155,328 ) $ (234,056 ) Currencies 1,564,836 (479,693 ) 502,259 (71,095 ) Energies (283,793 ) (544,669 ) (364,812 ) (395,666 ) Agriculturals (285,391 ) 91,330 49,087 72,782 Interest rates 2,108,766 (997,159 ) 908,780 43,199 Stock indices 315,712 2,908,740 544,742 161,242 Realized trading income/(loss) (1) $ 3,557,298 $ 1,012,755 $ 1,484,728 $ (423,595 ) Realized Trading Revenue from Futures, Forwards and Options for the Three Months Ended September 30, 2015 Type of contract Equinox Frontier Winton Fund Equinox Frontier Balanced Fund Equinox Frontier Select Fund Equinox Frontier Diversified Fund Metals $ 1,299,179 $ (189,899 ) $ 794,198 $ 335,381 Currencies (229,296 ) (1,208,712 ) (229,845 ) (217,818 ) Energies 1,671,570 (206,830 ) 906,171 564,352 Agriculturals 76,395 (463,579 ) (113,195 ) (201,395 ) Interest rates 258,686 2,099,847 60,711 (534,819 ) Stock indices (2,519,004 ) (3,568,598 ) (1,072,934 ) (227,684 ) Realized trading income/(loss) (1) $ 557,530 $ (3,537,771 ) $ 345,106 $ (281,983 ) Realized Trading Revenue from Futures, Forwards and Options for the Nine Months Ended September 30, 2016 Equinox Frontier Equinox Frontier Equinox Frontier Equinox Frontier Equinox Frontier Type of contract Winton Fund Balanced Fund Select Fund Long/Short Fund Diversified Fund Metals $ (1,306,380 ) 163,898 $ (427,660 ) $ (34,888 ) $ (234,056 ) Currencies 1,239,182 (790,993 ) 178,904 — (71,095 ) Energies (279,237 ) (817,799 ) 374,789 62,750 (395,666 ) Agriculturals (547,448 ) (32,097 ) (172,748 ) (546,400 ) 202,098 Interest rates 6,205,710 4,586,533 2,212,171 — 43,199 Stock indices (1,710,476 ) 1,113,655 (61,395 ) — 161,242 Realized trading income/(loss) (1) $ 3,601,350 $ 4,223,196 $ 2,104,061 $ (518,538 ) $ (294,279 ) Realized Trading Revenue from Futures, Forwards and Options for the Nine Months Ended September 30, 2015 Type of contract Equinox Frontier Winton Fund Equinox Frontier Balanced Fund Equinox Frontier Select Fund Equinox Frontier Diversified Fund Metals $ (629,783 ) $ (563,749 ) $ 248,620 $ (144,893 ) Currencies (1,294,845 ) 453,336 98,621 1,562,854 Energies (333,304 ) 359,219 1,600,083 1,238,321 Agriculturals 11,338 (423,024 ) (140,903 ) (158,127 ) Interest rates 2,553,584 1,527,969 (1,045,047 ) 4,163,141 Stock indices 250,540 (1,298,702 ) (294,613 ) 1,938,388 Realized trading income/(loss) (1) $ 557,530 $ 55,049 $ 466,761 $ 8,599,684 (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 Three Months Ended September 30, 2016 Type of contract Equinox Frontier Winton Fund Equinox Frontier Balanced Fund Equinox Frontier Select Fund Equinox Frontier Diversified Fund Metals $ (547,241 ) $ 81,372 $ 28,852 $ 171,643 Currencies (1,288,958 ) (24,481 ) (367,118 ) (372,138 ) Energies (445,176 ) (135,506 ) (240,034 ) (124,354 ) Agriculturals (59,806 ) 92,332 83,025 (75,503 ) Interest rates (2,754,154 ) 183,400 (991,267 ) (503,594 ) Stock indices 362,016 935,787 168,134 (347,862 ) Change in unrealized trading income/(loss) (1) $ (4,733,320 ) $ 1,132,903 $ (1,318,406 ) $ (1,251,809 ) Net Change in Open Trade Equity from Futures, Forwards and Options for the Three Months Ended September 30, 2015 Type of contract Equinox Frontier Winton Fund Equinox Frontier Balanced Fund Equinox Frontier Select Fund Equinox Frontier Diversified Fund Metals $ (629,783 ) $ 93,155 $ (125,649 ) $ 649,972 Currencies (1,925,681 ) 46,529 93,893 873,813 Energies (333,304 ) 182,622 579,493 550,970 Agriculturals 11,338 (36,457 ) 282,052 317,301 Interest rates 2,553,584 1,065,984 286,868 680,670 Stock indices 250,540 623,609 191,103 589,881 Change in unrealized trading income/(loss) (1) $ (73,306 ) $ 1,975,442 $ 1,307,760 $ 3,662,607 Net Change in Open Trade Equity from Futures, Forwards and Options for the Nine Months Ended September 30, 2016 Equinox Frontier Equinox Frontier Equinox Frontier Equinox Frontier Equinox Frontier Type of contract Winton Fund Balanced Fund Select Fund Long/Short Fund Diversified Fund Metals $ (751,806 ) $ 48,088 $ (147,108 ) $ 40,106 $ 169,613 Currencies 427,845 (520,509 ) 384,274 88,181 (263,004 ) Energies (635,515 ) (40,648 ) (809,068 ) 310,673 (96,532 ) Agriculturals 9,954 130,007 165,478 419,538 80,529 Interest rates 357,356 644,472 343,921 6,479 (117,044 ) Stock indices 467,896 1,051,674 338,458 (17,690 ) (102,221 ) Change in unrealized trading income/(loss) (1) $ (124,271 ) $ 1,313,083 $ 275,957 $ 847,287 $ (328,660 ) Net Change in Open Trade Equity from Futures, Forwards and Options for the Nine Months Ended September 30, 2015 Type of contract Equinox Frontier Winton Fund Equinox Frontier Balanced Fund Equinox Frontier Select Fund Equinox Frontier Diversified Fund Metals $ (629,783 ) $ 100,867 $ 419,385 $ 826,351 Currencies (1,925,681 ) 10,867 67,629 (193,292 ) Energies (333,304 ) (447,628 ) (164,736 ) 147,793 Agriculturals 11,338 77,334 (155,464 ) 90,444 Interest rates 2,553,584 134,848 (290,025 ) (924,670 ) Stock indices 250,540 (314,602 ) (175,773 ) 503,774 Change in unrealized trading income/(loss) (1) $ (73,306 ) $ (438,314 ) $ (298,984 ) $ 450,400 (1) Amounts recorded in the Statements of Operations under Net realized gain(loss) on futures forwards and options. Certain financial instruments and derivative instruments are eligible for offset in the statements of financial condition under GAAP. The Series’ open trade equity/(deficit), options written, and receivables from futures commissions merchants (each, an “FCM”) are subject to master netting arrangements and collateral arrangements and meet the 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 September 30, 2016 and December 31, 2015. As of September 30, 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 Equinox Frontier Balanced Fund Open Trade Equity/(Deficit) $ 1,955,555 $ (453,990 ) $ 1,501,565 Swap Contracts 16,586,708 — 16,586,708 Equinox Frontier Diversified Fund Open Trade Equity/(Deficit) $ 895,439 $ (362,636 ) $ 532,803 Swap Contracts 7,234,984 — 7,234,984 Equinox Frontier Long/Short Commodity Fund Swap Contracts $ 4,258,423 $ — $ 4,258,423 Equinox Frontier Heritage Fund Swap Contracts 8,499,865 — 8,499,865 Equinox Frontier Select Fund Open Trade Equity/(Deficit) $ 1,215,602 $ (529,238 ) $ 686,364 Equinox Frontier Winton Fund Open Trade Equity/(Deficit) $ 1,615,593 $ (1,401,084 ) $ 214,509 As of December 31, 2015 Net Amounts Gross Amounts Presented in the Gross Amounts offset in the Statements of of recognized Statements of Financial Derivative Assets Financial Condition 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 |
Trading Activities and Related
Trading Activities and Related Risks | 9 Months Ended |
Sep. 30, 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 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. |
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. |
Indemnifications and Guarantees
Indemnifications and Guarantees | 9 Months Ended |
Sep. 30, 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 noted in Management Discussion and Analysis The Trust has entered into agreements, which provide for the indemnification of futures clearing brokers, and commodity trading advisers, among others, against losses, costs, claims and liabilities arising from the performance of their individual obligations under such agreements, except for gross negligence 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. |
Subsequent Events
Subsequent Events | 9 Months Ended |
Sep. 30, 2016 | |
Equinox Frontier Funds [Member] | |
Subsequent Events | 10. Subsequent Events The Trust had a change in its transfer agency provider. Gemini Fund Services, LLC has taken on the role of transfer agent as of October 14, 2016. Prior to this date, Phoenix American Financial Services, Inc. had acted as the Trust’ fs transfer agent. |
Series Of Frontier Fund [Member] | |
Subsequent Events | 11. Subsequent Events The Trust had a change in its transfer agency provider. Gemini Fund Services, LLC has taken on the role of transfer agent as of October 14, 2016. Prior to this date, Phoenix American Financial Services, Inc. had acted as the Trust’s transfer agent. |
Significant Accounting Polici19
Significant Accounting Policies (Policies) | 9 Months Ended |
Sep. 30, 2016 | |
Equinox Frontier Funds [Member] | |
Basis of Presentation | Basis of Presentation |
Consolidation | Consolidation As of September 30, 2016, the consolidated balance sheet of Equinox Frontier Balanced Fund included the assets and liabilities of its majority owned Trading Companies and Galaxy Plus entities. These Trading Companies include Frontier Trading Company I, LLC and Frontier Trading Company XXXIV, LLC. The Galaxy Plus entities include Galaxy Plus Fund – QIM Feeder Fund (526) LLC, Galaxy Plus Fund – Fort Contrarian Feeder Fund (510) LLC, Galaxy Plus Fund – Doherty Feeder Fund (528) LLC and Galaxy Plus Fund – Quantmetrics Feeder Fund (527) LLC. For the nine months ended September 30, 2016, the consolidated statement of operations of Equinox Frontier Balanced Fund included the earnings of its majority owned Trading Companies and Galaxy Plus entities listed above. Equinox Frontier Balanced Fund began investing in Galaxy Plus beginning April 15, 2016. As of September 30, 2016, the consolidated balance sheet of Equinox Frontier Diversified Fund included the assets and liabilities of its majority owned Frontier Trading Company XXXV, LLC and the assets and liabilities of its majority owned Galaxy Plus entities, Galaxy Plus Fund – Chesapeake Feeder Fund (518) LLC and Galaxy Plus Fund – Quest Feeder Fund (517) LLC. For the nine months ended September 30, 2016, the consolidated statement of operations of Equinox Frontier Diversified Fund included the earnings of its majority owned Trading Company and Galaxy Plus entities listed above. Equinox Frontier Diversified Fund began investing in Galaxy Plus beginning April 15, 2016. As of and for the nine months ended September 30, 2016, the consolidated balance sheet and statement of operations of Equinox Frontier Heritage Fund included the assets and liabilities, and earnings, of its majority owned Trading Company, Frontier Trading Company XXXIX, LLC. As of and for the nine months ended September 30, 2016, the consolidated balance sheet and statement of operations of Equinox Frontier Select Fund included the assets and liabilities, and earnings, of its majority owned Trading Company, Frontier Trading Company XV, LLC. As of and for the nine months ended September 30, 2016, the consolidated balance sheet and statement of operations of Equinox Frontier Winton Fund included the assets and liabilities, and earnings, of its majority owned Trading Company, Frontier Trading Company II, LLC. 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. Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC Galaxy Plus Fund – LRR Feeder Fund (522) LLC are not consolidated and are accounted for using the equity method of accounting for the three months ended September 30, 2016. Through June 30, 2016, Equinox Frontier Long/Short Commodity Fund had a controlling interest in Galaxy Plus Fund - LRR Feeder Fund (522) LLC. The Statement of Operations for the nine months ended September 30, 2016 is presented with the results of Galaxy Plus Fund - LRR Feeder Fund (522) LLC consolidated through June 30, 2016. |
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. |
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 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 —The Trust may maintain 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 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 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 for administrative purposes. 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. 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 |
Reclassification | Reclassification – |
Subsequent Events | Subsequent Events Subsequent Events |
Series Of Frontier Fund [Member] | |
Basis of Presentation | Basis of Presentation |
Consolidation | Consolidation As of September 30, 2016, the consolidated balance sheet of Equinox Frontier Balanced Fund included the assets and liabilities of its majority owned Trading Companies and Galaxy Plus entities. These Trading Companies include Frontier Trading Company I, LLC and Frontier Trading Company XXXIV, LLC. The Galaxy Plus entities include Galaxy Plus Fund – QIM Feeder Fund (526) LLC, Galaxy Plus Fund – Fort Contrarian Feeder Fund (510) LLC, Galaxy Plus Fund – Doherty Feeder Fund (528) LLC and Galaxy Plus Fund – Quantmetrics Feeder Fund (527) LLC. For the nine months ended September 30, 2016, the consolidated statement of operations of Equinox Frontier Balanced Fund included the earnings of its majority owned Trading Companies and Galaxy Plus entities listed above. Equinox Frontier Balanced Fund began investing in Galaxy Plus beginning April 15, 2016. As of September 30, 2016, the consolidated balance sheet of Equinox Frontier Diversified Fund included the assets and liabilities of its majority owned Frontier Trading Company XXXV, LLC and the assets and liabilities of its majority owned Galaxy Plus entities, Galaxy Plus Fund – Chesapeake Feeder Fund (518) LLC and Galaxy Plus Fund – Quest Feeder Fund (517) LLC. For the nine months ended September 30, 2016, the consolidated statement of operations of Equinox Frontier Diversified Fund included the earnings of its majority owned Trading Company and Galaxy Plus entities listed above. Equinox Frontier Diversified Fund began investing in Galaxy Plus beginning April 15, 2016. As of and for the nine months ended September 30, 2016, the consolidated balance sheet and statement of operations of Equinox Frontier Heritage Fund included the assets and liabilities, and earnings, of its majority owned Trading Company, Frontier Trading Company XXXIX, LLC. As of and for the nine months ended September 30, 2016, the consolidated balance sheet and statement of operations of Equinox Frontier Select Fund included the assets and liabilities, and earnings, of its majority owned Trading Company, Frontier Trading Company XV, LLC. As of and for the nine months ended September 30, 2016, the consolidated balance sheet and statement of operations of Equinox Frontier Winton Fund included the assets and liabilities, and earnings, of its majority owned Trading Company, Frontier Trading Company II, LLC. 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. Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC and Galaxy Plus Fund – LRR Feeder Fund (522) LLC are not consolidated and are accounted for using the equity method of accounting for the three months ended September 30, 2016. Through June 30, 2016, Equinox Frontier Long/Short Commodity Fund had a controlling interest in Galaxy Plus Fund - LRR Feeder Fund (522) LLC. The Statement of Operations for the nine months ended September 30, 2016 is presented with the results of Galaxy Plus Fund - LRR Feeder Fund (522) LLC consolidated through June 30, 2016. |
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. |
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 —The Trust may maintain 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 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 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 for administrative purposes. 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. 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— |
Reclassification | Reclassification – |
Subsequent Events | Subsequent Events— |
Fair Value Measurements (Tables
Fair Value Measurements (Tables) | 9 Months Ended |
Sep. 30, 2016 | |
Equinox Frontier Funds [Member] | |
Financial Asset Portfolio, by Series, Measured at Fair Value on Recurring Basis | September 30, 2016 Level 1 Inputs Level 2 Inputs Level 3 Inputs Fair Value Open Trade Equity (Deficit) $ 2,305,664 $ 162,113 $ — $ 2,467,777 Swap Contracts — — 36,579,979 36,579,979 U.S. Treasury Securities 47,381,524 — — 47,381,524 Purchased Options — 262,365 — 262,365 Written Options — (99,845 ) — (99,845 ) 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 Written Options — 526,288 — 526,288 Funds — (165,760 ) — (165,760 ) |
Change in Level 3 Assets Measured at Fair Value on Recurring Basis | For the Nine Months Ended September 30, 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 (3,556,086 ) Purchase of investments — Sale of investments Transfers in and/or out of Level 3 — Balance of recurring Level 3 assets as of September 30, 2016 $ 36,579,979 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 Purchase of investments 1,000,000 Sale 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 September 30, 2016: Swap contracts $ (3,556,086 ) The total change in unrealized appreciation (depreciation) included in the statements of operations attributable to level 3 investments still held at December 31, 2015: Swap contracts $ 3,145,177 |
Series Of Frontier Fund [Member] | |
Financial Asset Portfolio, by Series, Measured at Fair Value on Recurring Basis | Total September 30, 2016 Level 1 Inputs Level 2 Inputs Level 3 Inputs Fair Value Equinox Frontier Diversified Fund Investment in Unconsolidated Trading Companies $ 2,714,187 $ — $ 26,799 $ 2,740,986 Open Trade Equity (Deficit) 532,803 — — 532,803 Swap Contracts — — 7,234,984 7,234,984 U.S. Treasury Securities 6,019,126 — — 6,019,126 Equinox Frontier Masters Fund Investment in Unconsolidated Trading Companies 5,758,120 27,303 — 5,785,423 U.S. Treasury Securities 4,925,521 — — 4,925,521 Equinox Frontier Long/Short Commodity Fund Swap Contracts — — 4,258,423 4,258,423 Equinox Frontier Balanced Fund Investment in Unconsolidated Trading Companies 3,776,767 (34,730 ) — 3,742,037 Options Purchased 254,365 — — 254,365 Options Written (97,325 ) — — (97,325 ) Open Trade Equity (Deficit) 1,572,852 (71,287 ) — 1,501,565 Swap Contracts — — 16,586,708 16,586,708 U.S. Treasury Securities 12,034,303 — — 12,034,303 Equinox Frontier Select Fund Investment in Unconsolidated Trading Companies — — 4,121,050 4,121,050 Open Trade Equity (Deficit) 661,158 25,206 — 686,364 U.S. Treasury Securities 2,495,697 — — 2,495,697 Winton Fund Open Trade Equity (Deficit) 6,315 208,194 — 214,509 U.S. Treasury Securities 18,417,716 — — 18,417,716 Equinox Frontier Heritage Fund Investment in Unconsolidated Trading Companies 1,935,936 19,322 — 1,955,258 Swap Contracts — — 8,499,865 8,499,865 U.S. Treasury Securities 3,489,160 — — 3,489,160 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 | For the Nine Months Ended September 30, 2016 Swap Contracts Equinox Frontier Equinox Frontier Balanced Long/Short Commodity Fund Fund Balance of recurring Level 3 assets as of January 1, 2016 $ 19,157,520 $ 4,332,428 Total gains or losses (realized/unrealized): Included in earnings-realized — — Included in earnings-unrealized (2,570,812 ) (74,005 ) 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 September 30, 2016 $ 16,586,708 $ 4,258,423 Equinox Frontier Equinox Frontier Diversified Fund Heritage Fund Balance of recurring Level 3 assets as of January 1, 2016 $ 8,685,849 $ 7,960,268 Total gains or losses (realized/unrealized): Included in earnings-realized — — Included in earnings-unrealized (1,450,865 ) 539,597 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 September 30, 2016 $ 7,234,984 $ 8,499,865 Investments in Unconsolidated Trading Companies: Equinox Frontier Select Fund Balance of recurring Level 3 assets as of January 1, 2016 $ 4,147,840 Change in fair value of investments in unconsolidated trading companies (26,790 ) 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 September 30, 2016 $ 4,121,050 For the Year Ended December 31, 2015 Swap Contracts: 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 | Equinox Frontier Equinox Frontier Long/Short Commodity Equinox Frontier Equinox Frontier Diversified Fund Fund Balanced Fund (3) Heritage Fund Swap Contracts $ (1,450,864 ) $ (74,005 ) $ (2,570,811 ) $ 539,597 Equinox Frontier Select Fund Investments in Unconsolidated Trading Companies $ (26,790 ) Equinox Frontier Equinox Frontier Long/Short Equinox Frontier Equinox Frontier Diversified Fund Commodity Fund Balanced Fund Heritage Fund Swap Contracts $ 2,115,441 $ (300,633 ) $ 910,566 $ 419,803 Equinox Frontier Select Fund Investments in Unconsolidated Trading Companies $ 394,421 |
Swaps (Tables)
Swaps (Tables) | 9 Months Ended |
Sep. 30, 2016 | |
Equinox Frontier Funds [Member] | |
Trust, with Respect to Series, has Invested in Following Swap | The Trust had invested in the following swap contracts as of and for the nine months ended September 30, 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 $6,986,708 $13,851,707 $1,877,692 Termination Date 3/26/2018 8/2/2018 8/2/2018 8/7/2018 Cash Collateral $5,985,998 $9,600,000 $3,400,000 $3,880,000 Swap Value $2,513,865 $6,986,708 $3,834,984 $378,423 Investee Returns Total Returns Total Returns Total Returns Total Returns Realized Gain/(Loss) $0 $0 $0 $0 Change in Unrealized Gain/(Loss) $539,597 ($2,570,811) ($1,450,864) ($74,005) Fair Value as of 9/30/2016 $8,499,864 $16,586,708 $7,234,984 $4,258,423 The Trust had invested in the following swap contracts 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 $5,285,849 $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 $8,685,849 $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 nine months ended September 30, 2016: Equinox Frontier Balanced Fund Equinox Frontier Diversified Fund Equinox Frontier Long/Short 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 $6,986,708 $3,834,984 $378,423 $2,513,865 Investee Returns Total Returns Total Returns Total Returns Total Returns Realized Gain/(Loss) $0 $0 $0 $0 Change in Unrealized Gain/(Loss) ($2,570,811) ($1,450,864) ($74,005) $539,597 Fair Value as of 9/30/2016 $16,586,708 $7,234,984 $4,258,423 $8,499,865 The Series have invested in the following Swaps as of and for the year ended December 31, 2015: Equinox Frontier Balanced Fund Equinox Frontier Diversified Fund Equinox Frontier Long/Short 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 $19,157,520 $8,685,849 $4,332,428 $7,960,268 |
Investments in Unconsolidated22
Investments in Unconsolidated Trading Companies (Tables) - Series Of Frontier Fund [Member] | 9 Months Ended |
Sep. 30, 2016 | |
Investments in Unconsolidated Trading Companies | Nine Months Ended September 30, 2016 Nine Months Ended September 30, 2015 Trading Realized Change in Net Income Trading Realized Change in Net Income Trading Company Equniox Frontier Balanced Fund — Frontier Trading Company I LLC $ (291,912 ) $ 2,837,850 $ 384,155 $ 2,930,093 $ (292,176 ) $ 4,585,527 $ 853,523 $ 5,146,874 Frontier Trading Company II LLC (8,757 ) (1,043,190 ) 1,401,532 349,585 (15,442 ) 755,710 (159,769 ) 580,499 Frontier Trading Company VII, LLC (97,942 ) 464,066 1,509,176 1,875,300 (273,280 ) 1,842,624 (929,479 ) 639,865 Frontier Trading Company XIV, LLC (1,293 ) 17,904 (24,326 ) (7,715 ) (128 ) (198,125 ) 198,418 165 Frontier Trading Company XV, LLC — (48 ) — (48 ) (38,659 ) (336,022 ) (389,439 ) (764,120 ) Frontier Trading Company XXIX, LLC (10 ) 7,074 — 7,064 — — — — Frontier Trading Company XXXVIII, LLC (27,826 ) (1,526,218 ) 13,264 (1,540,780 ) — — — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC — — 437,015 437,015 — — — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC — — (177,955 ) (177,955 ) — — — — Galaxy Plus Fund - Quest Feeder Fund (517) LLC — — (350,579 ) (350,579 ) — — — — Total $ (427,740 ) $ 757,438 $ 3,192,282 $ 3,521,980 $ (619,685 ) $ 6,649,714 $ (426,746 ) $ 5,603,283 Equniox Frontier Winton Fund — Frontier Trading Company XXXVIII, LLC $ (19,157 ) $ (1,063,587 ) $ (202,316 ) $ (1,285,060 ) $ (22,128 ) $ (216,210 ) $ (188,813 ) $ (427,151 ) Frontier Trading Company II LLC — — — — (30,241 ) 1,667,629 (315,582 ) 1,321,806 Total $ (19,157 ) $ (1,063,587 ) $ (202,316 ) $ (1,285,060 ) $ (52,369 ) $ 1,451,419 $ (504,395 ) $ 894,655 Equniox Frontier Frontier Select Fund — Frontier Trading Company XV, LLC $ — $ — $ — $ — $ — $ (195 ) $ 2,173 $ 1,978 Frontier Trading Company XXXIX, LLC (3,394 ) — 244,376 240,982 — — 325,077 325,077 Frontier Trading Company XXXVIII, LLC (1,211 ) (48,741 ) (6,634 ) (56,586 ) (2,400 ) (20,889 ) 1,477 (21,812 ) Total $ (4,605 ) $ (48,741 ) $ 237,742 $ 184,396 $ (2,400 ) $ (21,084 ) $ 328,727 $ 305,243 Equniox Frontier Heritage Fund — Frontier Trading Company II LLC $ (4,685 ) $ (550,798 ) $ 812,373 $ 256,890 $ (7,685 ) $ 393,849 $ (67,233 ) $ 318,931 Frontier Trading Company XXXVIII, LLC (3,963 ) (202,360 ) (13,279 ) (219,602 ) (4,959 ) (45,529 ) (40,751 ) (91,239 ) Total $ (8,648 ) $ (753,158 ) $ 799,094 $ 37,288 $ (12,644 ) $ 348,320 $ (107,984 ) $ 227,692 Equinox Frontier Long/Short Commodity Fund Frontier Trading Company I LLC $ (3,956 ) $ 145,850 $ 32,717 $ 174,611 $ (963 ) $ 34,635 $ 47,108 $ 80,780 Frontier Trading Companies VII, LLC — — — — (199,038 ) 1,342,402 (891,605 ) 251,759 Frontier Trading Company XXXVIII, LLC (31,322 ) (2,201 ) 209,141 175,618 (6,410 ) 41,749 (77,254 ) (41,915 ) Frontier Trading Company XVIII, LLC (1,920 ) 156,899 (336,795 ) (181,816 ) — — — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC — — (659,908 ) (659,908 ) — — — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC — — (109,616 ) (109,616 ) — — — — Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC — — 199,477 199,477 — — — — Total $ (37,198 ) $ 300,548 $ (664,984 ) $ (401,634 ) $ (206,411 ) $ 1,418,786 $ (921,751 ) $ 290,624 Equinox Frontier Diversified Fund — Frontier Trading Company I LLC $ (260,168 ) $ 1,846,298 $ (187,305 ) $ 1,398,825 $ (78,515 ) $ (220,511 ) $ (338,672 ) $ (637,698 ) Frontier Trading Company II LLC (6,473 ) (758,915 ) 1,364,990 599,602 (11,716 ) 656,803 (145,372 ) 499,715 Frontier Trading Company VII, LLC (80,881 ) (566,171 ) 2,324,104 1,677,052 (244,009 ) 1,812,082 (910,823 ) 657,250 Frontier Trading Company XXIII, LLC (35,775 ) 550,317 104,823 619,365 (58,457 ) 486,662 29,546 457,751 Frontier Trading Company XXXVIII, LLC (16,983 ) (969,669 ) (69,560 ) (1,056,212 ) (24,898 ) (96,032 ) (275,586 ) (396,516 ) Frontier Trading Company XVIII, LLC — — 97,442 97,442 — — — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC — — (448,480 ) (448,480 ) — — — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC — — (67,771 ) (67,771 ) — — — — Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC — — (381,506 ) (381,506 ) — — — — Galaxy Plus Fund - QIM Feeder Fund (526) LLC — — 521,859 521,859 — — — — Galaxy Plus Fund - Doherty Feeder Fund (528) LLC — — 48,062 48,062 — — — — Galaxy Plus Fund - Fort Contrarian Feeder Fund 510 LLC — — 31,247 31,247 — — — — Total $ (400,280 ) $ 101,860 $ 3,337,905 $ 3,039,485 $ (417,595 ) $ 2,639,004 $ (1,640,907 ) $ 580,502 Equinox Frontier Masters Fund — Frontier Trading Company I LLC $ (8,585 ) $ (318,372 ) $ 171,763 $ (155,194 ) $ (15,436 ) $ 1,159,085 $ (608,890 ) $ 534,759 Frontier Trading Company II LLC (3,824 ) (439,230 ) 882,192 439,138 (7,240 ) 343,769 (92,667 ) 243,862 Frontier Trading Company XIV, LLC — — — — — — — — Frontier Trading Company XV, LLC (34,835 ) (4,742 ) 1,102,918 1,063,341 (43,193 ) 292,090 (216,913 ) 31,984 Frontier Trading Company VII, LLC (48,485 ) (371,922 ) 1,208,006 787,599 (131,329 ) 3,279,001 (2,840,510 ) 307,162 Frontier Trading Company XXXVIII, LLC (6,282 ) (372,819 ) 6,333 (372,768 ) (10,575 ) (118,266 ) (76,636 ) (205,477 ) Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC — — (322,513 ) (322,513 ) — — — — Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC — — 363,560 363,560 — — — — Total $ (102,011 ) $ (1,507,085 ) $ 3,412,259 $ 1,803,163 $ (207,773 ) $ 4,955,679 $ (3,835,616 ) $ 912,290 Three Months Ended September 30, 2016 Three Months Ended September 30, 2015 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) Equniox Frontier Balanced Fund — Frontier Trading Company I LLC $ — $ — $ — $ — $ (118,520 ) $ 1,560,943 $ 824,704 $ 2,267,127 Frontier Trading Company II LLC (846 ) (1,046,222 ) 603,092 (443,976 ) (4,454 ) 6,644 560,644 562,834 Frontier Trading Company VII, LLC — — — — (84,201 ) 1,195,982 (1,643,819 ) (532,038 ) Frontier Trading Company XIV, LLC — 8,367 (8,389 ) (22 ) — — — — Frontier Trading Company XV, LLC — (48 ) — (48 ) (4 ) 18,900 (18,900 ) (4 ) Frontier Trading Company XVIII, LLC — — — — — — — — Frontier Trading Company XXXVIII, LLC (4,329 ) 45,984 21,239 62,894 (11,649 ) (1,691,751 ) 340,551 (1,362,849 ) Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC — — 910,981 910,981 — — — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC — — (101,517 ) (101,517 ) — — — — Galaxy Plus Fund - Quest Feeder Fund (517) LLC — — (364,439 ) (364,439 ) — — — — Total $ (5,175 ) $ (991,919 ) $ 1,060,967 $ 63,873 $ (218,828 ) $ 1,090,718 $ 63,180 $ 935,070 Equniox Frontier Winton Fund — $ — $ — $ — $ — $ (2,057 ) $ (222,263 ) $ 1,501,901 $ 1,277,581 Frontier Trading Company II, LLC — — — — (6,643 ) (964,311 ) 206,039 (764,915 ) Frontier Trading Company XXXVIII LLC (5,157 ) (66,996 ) (126,968 ) (199,121 ) — — — — Total $ (5,157 ) $ (66,996 ) $ (126,968 ) $ (199,121 ) $ (8,700 ) $ (1,186,574 ) $ 1,707,940 $ 512,666 Equniox Frontier Frontier Select Fund — Equinox Frontier Trading Company XXXIX, LLC $ — $ — $ (66,933 ) $ (66,933 ) $ — $ — $ 197,541 $ 197,541 Frontier Trading Company XXXVIII, LLC (674 ) 13,128 (12,676 ) (222 ) (603 ) (85,196 ) 17,765 (68,034 ) Total $ (674 ) $ 13,128 $ (79,609 ) $ (67,155 ) $ (603 ) $ (85,196 ) $ 215,306 $ 129,507 Equniox Frontier Heritage Fund — Frontier Trading Company I LLC $ (449 ) $ (555,650 ) $ 383,355 $ (172,744 ) $ — $ — $ — $ — Frontier Trading Company II LLC — — — — (2,498 ) 12,952 263,699 274,153 Frontier Trading Company XXXVIII, LLC (981 ) 12,320 2,409 13,749 (1,471 ) (212,891 ) 45,556 (168,806 ) Total $ (1,430 ) $ (543,329 ) $ 385,764 $ (158,995 ) $ (3,969 ) $ (199,939 ) $ 309,255 $ 105,347 Equinox Frontier Long/Short Commodity Fund Frontier Trading Company I LLC $ 23 $ (14 ) $ — $ 9 $ (963 ) $ 34,635 $ 47,108 $ 80,780 Frontier Trading Companies VII LLC — — — — (50,635 ) 35,765 (1,017,519 ) (1,032,389 ) Frontier Trading Companies XXXVIII, LLC (446 ) 10,584 (103,657 ) (93,519 ) — — — — Frontier Trading Company XXXVIII, LLC — — — — (1,577 ) (234,308 ) 55,899 (179,986 ) Galaxy Plus Fund - LRR Feeder Fund (522) LLC — — (659,908 ) (659,908 ) — — — — Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC — — 277,877 277,877 — — — — Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC — — (50,904 ) (50,904 ) — — — — Total $ (423 ) $ 10,570 $ (536,592 ) $ (526,445 ) $ (53,175 ) $ (163,908 ) $ (914,512 ) $ (1,131,595 ) Equinox Frontier Diversified Fund — Frontier Trading Company I LLC $ (1,262 ) $ 25,559 $ (14,857 ) $ 9,440 $ (78,515 ) $ (220,511 ) $ (338,672 ) $ (637,698 ) Frontier Trading Company II LLC (621 ) (767,400 ) 761,614 (6,407 ) (3,387 ) 9,344 402,656 408,613 Frontier Trading Company VII, LLC — — — — (75,686 ) 1,085,897 (1,498,186 ) (487,975 ) Frontier Trading Company XXIII, LLC (2,990 ) (77,811 ) 104,823 24,022 (20,756 ) (234,424 ) 360,320 105,140 Frontier Trading Company XXXVIII, LLC (1,657 ) 63,123 (140,346 ) (78,880 ) (7,408 ) (1,049,003 ) 187,977 (868,434 ) Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC — — 741,948 741,948 — — — — Galaxy Plus Fund - LRR Feeder Fund (522) LLC — — (38,994 ) (38,994 ) — — — — Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC — — (592,892 ) (592,892 ) — — — — Galaxy Plus Fund - QIM Feeder Fund (526) LLC — — 615,406 615,406 — — — — Galaxy Plus Fund - Doherty Feeder Fund (528) LLC — — 48,062 48,062 — — — — Galaxy Plus Fund - Fort Contrarian Feeder Fund 510 LLC — — 31,247 31,247 — — — — Total $ (6,530 ) $ (756,529 ) $ 1,516,011 $ 752,952 $ (185,752 ) $ (408,697 ) $ (885,905 ) $ (1,480,354 ) Equinox Frontier Masters Fund — Frontier Trading Company I LLC $ (51 ) $ (31 ) $ $ (82 ) $ (4,901 ) $ (21,609 ) $ 449,957 $ 423,447 Frontier Trading Company II LLC (363 ) (448,676 ) 518,722 69,683 (2,298 ) 11,918 242,567 252,187 Frontier Trading Company XIV, LLC — — — — 28,979 (148,053 ) 801,924 682,850 Frontier Trading Company XV, LLC (5,584 ) (291,976 ) 68,084 (229,476 ) 43,323 (2,343,896 ) 1,731,594 (568,979 ) Frontier Trading Company VII, LLC — — — — (131,329 ) 3,279,001 (2,840,507 ) 307,165 Frontier Trading Company XXXVIII, LLC (1,425 ) 21,438 10,735 30,748 (3,184 ) (451,930 ) 88,864 (366,250 ) Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC — — 387,932 387,932 — — — — Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC — — (92,816 ) (92,816 ) — — — — Total $ (7,423 ) $ (719,245 ) $ 892,657 $ 165,989 $ (69,410 ) $ 325,431 $ 474,399 $ 730,420 |
Equity in Earnings from Unconsolidated Trading Companies | Frontier Trading Galaxy Plus Fund Galaxy Plus Fund Company XXXVIII - EvE S TP Feeder - LRR Feeder Statements of Financial Condition - September 30, 2016 LLC Fund (516) LLC Fund (522) LLC Cash and cash equivalents $ 16,133 $ 7,639 $ 18,489 Receivable from futures commissions merchants 8,644,929 13,811,237 6,347,028 Open trade equity/(deficit) 16,714 (232,214 ) (235,250 ) Options purchased (written) — 8,000 (2,520 ) Other receivables (payables) (68,043 ) (343,716 ) 4,691 Total assets 8,677,776 13,826,876 6,370,208 Members’ equity $ 8,609,733 $ 13,250,946 $ 6,132,438 Condensed Statement of Income - For the Three Months Ended September 30, 2016 Interest income 646 — — Net realized gain/(loss) on investments, less commissions (425,305 ) 3,262,513 (396,617 ) Change in open trade equity/(deficit) (10,467 ) (444,644 ) (308,062 ) Other fees (36,144 ) (440,426 ) (96,018 ) Net income/(loss) $ (471,270 ) $ 2,377,443 $ (800,697 ) Condensed Statement of Income - For the Nine Months Ended September 30, 2016 Interest income 502 — — Net realized gain/(loss) on investments, less commissions 4,072,397 2,393,246 (788,749 ) Change in open trade equity/(deficit) 36,675 (272,717 ) (199,607 ) Other fees (36,144 ) (520,414 ) (179,870 ) Net income/(loss) $ 4,073,430 $ 1,600,115 $ (1,168,226 ) Frontier Trading Frontier Trading Frontier Trading Statements of Financial Condition - December 31, 2015 Company I LLC Company VII LLC Company XXXVIII LLC Receivable from commission merchants $ 22,187,113 $ 14,330,819 $ 2,670,015 Open trade equity/(deficit) (5,651,525 ) (1,593,860 ) (74,625 ) Interest receivable/(payable) 1,089 3 (134 ) Total assets $ 16,536,677 $ 12,736,962 $ 2,595,255 Members’ equity $ 23,146,746 $ 8,002,461 $ 2,974,694 Condensed Statement of Income - For the Three Months Ended September 30, 2015 Interest income/(expense) $ 85,698 $ 627 $ 944 Net realized gain/(loss) on investments, less commissions (8,312,138 ) (2,887,537 ) (2,218,456 ) Change in open trade equity/(deficit) 2,286,800 (2,252,530 ) (1,511,455 ) Net income/(loss) $ (5,939,640 ) $ (5,139,440 ) $ (3,728,967 ) Condensed Statement of Income - For the six months Ended September 30, 2015 Interest income $ 96,038 $ 627 $ 973 Net realized gain/(loss) on investments, less commissions (8,770,608 ) (8,641,411 ) (2,487,150 ) Change in open trade equity/(deficit) (559,775 ) 5,573,767 788,713 Net income/(loss) $ (9,234,345 ) $ (3,067,017 ) $ (1,697,464 ) |
Financial Statements of Unconsolidated Trading Companies | For the nine months ending September 30, 2016 Redemptions Redemptions Liquidity Income(Loss) Management Fees Incentive Fees Notice Period Permitted Restrictions Equinox Frontier Diversified Fund Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC (448,480 ) 35,884 95,930 24 hours Daily None Galaxy Plus Fund - Quantmetrics Feeder Fund (527) LLC (381,506 ) 33,397 — 24 hours Daily None Trend Following Galaxy Plus Fund - Fort Contrarian Feeder Fund (510) LLC 31,247 25,792 49,846 24 hours Daily None Galaxy Plus Fund - QIM Feeder Fund (526) LLC 521,859 33,907 210,598 24 hours Daily None Equinox Frontier Masters Fund Trend Following Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC 363,560 28,686 327 24 hours Daily None Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC (322,513 ) 21,537 26,263 24 hours Daily None Equinox Frontier Long/Short Commodity Fund Trend Following Galaxy Plus Fund - Chesapeake Feeder Fund (518) LLC 199,477 13,430 153 24 hours Daily None Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC (109,616 ) 13,954 37,497 24 hours Daily None Galaxy Plus Fund - LRR Feeder Fund (522) LLC (659,908 ) 71,570 — 24 hours Daily None Equinox Frontier Balanced Fund Multi-Strategy Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC 437,015 43,878 117,116 24 hours Daily None Total ($ 368,865 ) $ 322,035 $ 537,730 |
Transactions with Affiliates (T
Transactions with Affiliates (Tables) | 9 Months Ended |
Sep. 30, 2016 | |
Equinox Frontier Funds [Member] | |
Interest Paid by Each Series to Managing Owner | The following table outlines the interest paid by each Series to the Managing Owner and its ratio to average net assets for the three and nine months ended September 30, 2016 and 2015: Three Months Ended 9/30/2016 9/30/2015 9/30/2016 9/30/2015 Gross Amount Gross Amount Paid to the Paid to the Ratio to Ratio to Managing Managing Average Net Average Net Owner Owner Assets Assets Equinox Frontier Diversified Class 1 $ 995 $ 47,478 0.01 % 0.27 % Equinox Frontier Diversified Class 2 5,366 103,124 0.01 % 0.30 % Equinox Frontier Diversified Class 3 1,996 26,905 0.01 % 0.34 % Equinox Frontier Masters Class 1 1,908 30,886 0.03 % 0.29 % Equinox Frontier Masters Class 2 1,982 27,704 0.03 % 0.31 % Equinox Frontier Masters Class 3 2,264 20,012 0.03 % 0.38 % Equinox Frontier Long/Short Class 2 (232 ) 2,708 -0.03 % 0.22 % Equinox Frontier Long/Short Class 3 (1,019 ) 16,758 -0.02 % 0.22 % Equinox Frontier Long/Short Class 1a (677 ) 12,113 -0.02 % 0.22 % Equinox Frontier Long/Short Class 2a (277 ) 3,611 -0.03 % 0.23 % Equinox Frontier Long/Short Class 3a (126 ) 2,093 -0.01 % 0.27 % Equinox Frontier Balanced Fund Class 1 65,497 193,959 0.11 % 0.27 % Equinox Frontier Balanced Fund Class 1AP 744 2,092 0.11 % 0.01 % Equinox Frontier Balanced Fund Class 2 24,266 67,482 0.11 % 0.27 % Equinox Frontier Balanced Fund Class 2A 126 1,599 0.02 % 0.28 % Equinox Frontier Balanced Fund Class 3A 547 7,310 0.02 % 0.27 % Equinox Frontier Select Fund Class 1 13,572 13,463 0.12 % 0.10 % Equinox Frontier Select Fund Class 1AP 49 51 0.12 % 0.00 % Equinox Frontier Select Fund Class 2 1,691 1,476 0.12 % 0.10 % Equinox Frontier Winton Class 1 70,519 106,747 0.31 % 0.41 % Equinox Frontier Winton Class 1AP 118 163 0.31 % 0.00 % Equinox Frontier Winton Class 2 38,069 53,775 0.31 % 0.41 % Equinox Frontier Heritage Fund Class 1 16,017 26,544 0.19 % 0.27 % Equinox Frontier Heritage Fund Class 1AP 46 173 0.20 % 0.01 % Equinox Frontier Heritage Fund Class 2 5,520 8,814 0.19 % 0.27 % Total $ 248,960 $ 777,040 Nine Months Ended 9/30/2016 9/30/2015 9/30/2016 9/30/2015 Gross Amount Gross Amount Paid to the Paid to the Ratio to Ratio to Managing Managing Average Net Average Net Owner Owner Assets Assets Equinox Frontier Diversified Class 1 $ 8,801 $ 34,336 0.11 % 0.20 % Equinox Frontier Diversified Class 2 34,827 67,171 0.09 % 0.20 % Equinox Frontier Diversified Class 3 11,204 15,095 0.09 % 0.19 % Equinox Frontier Masters Class 1 7,876 21,959 0.11 % 0.20 % Equinox Frontier Masters Class 2 7,736 17,885 0.11 % 0.20 % Equinox Frontier Masters Class 3 7,257 10,832 0.10 % 0.20 % Equinox Frontier Long/Short Class 2 297 2,237 0.03 % 0.18 % Equinox Frontier Long/Short Class 3 1,956 13,363 0.04 % 0.18 % Equinox Frontier Long/Short Class 1a 1,392 10,050 0.04 % 0.18 % Equinox Frontier Long/Short Class 2a 402 2,985 0.03 % 0.19 % Equinox Frontier Long/Short Class 3a 298 1,368 0.03 % 0.18 % Equinox Frontier Balanced Fund Class 1 403,740 564,041 0.65 % 0.78 % Equinox Frontier Balanced Fund Class 1AP 4,600 6,719 0.65 % 0.03 % Equinox Frontier Balanced Fund Class 2 147,443 213,004 0.65 % 0.86 % Equinox Frontier Balanced Fund Class 2A 737 1,000 0.13 % 0.17 % Equinox Frontier Balanced Fund Class 3A 3,248 4,580 0.13 % 0.17 % Equinox Frontier Select Fund Class 1 26,634 54,786 0.22 % 0.40 % Equinox Frontier Select Fund Class 1AP 103 200 0.22 % 0.00 % Equinox Frontier Select Fund Class 2 3,225 6,178 0.22 % 0.41 % Equinox Frontier Winton Class 1 259,609 348,467 1.12 % 1.33 % Equinox Frontier Winton Class 1AP 423 516 1.11 % 0.02 % Equinox Frontier Winton Class 2 136,727 157,203 1.11 % 1.19 % Equinox Frontier Heritage Fund Class 1 61,772 88,009 0.71 % 0.89 % Equinox Frontier Heritage Fund Class 1AP 329 554 0.76 % 0.02 % Equinox Frontier Heritage Fund Class 2 20,981 29,061 0.71 % 0.89 % Total $ 1,151,617 $ 1,671,599 |
Series Of Frontier Fund [Member] | |
Fees Earned by Managing Owner | The following table summarizes fees earned by the Managing Owner for the three and nine months ended September 30, 2016 and 2015 Three Months Ended September 30, 2016 Incentive Fee Management Fee Service Fee Trading Fee Equinox Frontier Diversified Fund $ 1,082 $ 172,538 $ 54,344 363,176 Equinox Frontier Masters Fund — — 33,907 114,515 Equinox Frontier Long/Short Commodity Fund — 6,851 14,402 37,307 Equinox Frontier Balanced Fund 717,152 273,609 493,659 371,721 Equinox Frontier Select Fund 4,472 96,115 85,059 46,641 Equinox Frontier Winton Fund — 361,683 180,394 78,021 Equinox Frontier Heritage Fund — 23,697 61,333 20,665 Three Months Ended September 30, 2015 Incentive Fee Management Fee Service Fee Trading Fee Equinox Frontier Diversified Fund $ 225,279 $ 247,879 $ 97,034 $ 338,055 Equinox Frontier Masters Fund — 173,088 52,129 141,248 Equinox Frontier Long/Short Commodity Fund 14,316 135,721 25,703 58,174 Equinox Frontier Balanced Fund 104,130 254,315 510,140 179,140 Equinox Frontier Select Fund — 76,094 95,067 26,464 Equinox Frontier Winton Fund — 289,752 184,196 69,319 Equinox Frontier Heritage Fund — 67,180 69,701 23,325 Nine Months Ended September 30, 2016 Incentive Fee Management Fee Service Fee Trading Fee Equinox Frontier Diversified Fund $ 1,145,241 $ 612,830 $ 192,417 $ 1,078,238 Equinox Frontier Masters Fund $ 242,029 $ 282,097 $ 117,919 $ 374,686 Equinox Frontier Long/Short Commodity Fund $ 134,601 $ 266,967 $ 53,791 $ 144,846 Equinox Frontier Balanced Fund $ 2,063,001 $ 693,891 $ 1,434,054 $ 729,679 Equinox Frontier Select Fund $ 44,339 $ 234,838 $ 264,208 $ 96,943 Equinox Frontier Winton Fund $ 99,067 $ 902,598 $ 530,072 $ 211,237 Equinox Frontier Heritage Fund $ 9,072 $ 147,416 $ 192,759 $ 61,341 Nine Months Ended September 30, 2015 Incentive Fee Management Fee Service Fee Trading Fee Equinox Frontier Diversified Fund $ 1,863,521 $ 737,187 $ 327,202 $ 1,059,953 Equinox Frontier Masters Fund 576,374 534,244 178,120 442,582 Equinox Frontier Long/Short Commodity Fund 94,518 685,777 99,917 211,770 Equinox Frontier Balanced Fund 1,827,118 819,552 1,521,144 519,831 Equinox Frontier Select Fund 177,351 421,826 297,904 82,892 Equinox Frontier Winton Fund 622,124 862,495 534,989 192,618 Equinox Frontier Heritage Fund 131,123 245,785 202,143 65,398 |
Fees Payable to Managing Owner | The following table summarizes fees payable to the Managing Owner as of September 30, 2016 and December 31, 2015. Incentive Fees Management Fees Interest Fees Service Fees Trading Fees As of September 30, 2016 Equinox Frontier Diversified Fund $ — $ 53,853 $ 2,195 $ 14,613 $ 116,232 Equinox Frontier Masters Fund 93,431 1,323 1,900 10,044 40,248 Equinox Frontier Long/Short Commodity Fund — 1,622 — 4,817 12,902 Equinox Frontier Balanced Fund 718,767 139,971 27,157 153,326 55,233 Equinox Frontier Select Fund 4,473 63,415 4,546 29,863 8,420 Equinox Frontier Winton Fund — 262,915 35,996 57,927 22,388 Equinox Frontier Heritage Fund — 334 6,630 21,474 7,232 Incentive Fees Management Fees Interest Fees Service Fees Trading Fees As of December 31, 2015 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 interest paid by each Series to the Managing Owner and its ratio to average net assets for the three and nine months ended September 30, 2016 and 2015: Three Months Ended 9/30/2016 9/30/2015 9/30/2016 9/30/2015 Gross Amount Gross Amount Paid to the Paid to the Ratio to Ratio to Managing Managing Average Net Average Net Owner Owner Assets Assets Equinox Frontier Diversified Class 1 $ 995 $ 47,478 0.01% 0.27% Equinox Frontier Diversified Class 2 5,366 103,124 0.01% 0.30% Equinox Frontier Diversified Class 3 1,996 26,905 0.01% 0.34% Equinox Frontier Masters Class 1 1,908 30,886 0.03% 0.29% Equinox Frontier Masters Class 2 1,982 27,704 0.03% 0.31% Equinox Frontier Masters Class 3 2,264 20,012 0.03% 0.38% Equinox Frontier Long/Short Class 2 (232 ) 2,708 -0.03% 0.22% Equinox Frontier Long/Short Class 3 (1,019 ) 16,758 -0.02% 0.22% Equinox Frontier Long/Short Class 1a (677 ) 12,113 -0.02% 0.22% Equinox Frontier Long/Short Class 2a (277 ) 3,611 -0.03% 0.23% Equinox Frontier Long/Short Class 3a (126 ) 2,093 -0.01% 0.27% Equinox Frontier Balanced Fund Class 1 65,497 193,959 0.11% 0.27% Equinox Frontier Balanced Fund Class 1AP 744 2,092 0.11% 0.01% Equinox Frontier Balanced Fund Class 2 24,266 67,482 0.11% 0.27% Equinox Frontier Balanced Fund Class 2A 126 1,599 0.02% 0.28% Equinox Frontier Balanced Fund Class 3A 547 7,310 0.02% 0.27% Equinox Frontier Select Fund Class 1 13,572 13,463 0.12% 0.10% Equinox Frontier Select Fund Class 1AP 49 51 0.12% 0.00% Equinox Frontier Select Fund Class 2 1,691 1,476 0.12% 0.10% Equinox Frontier Winton Class 1 70,519 106,747 0.31% 0.41% Equinox Frontier Winton Class 1AP 118 163 0.31% 0.00% Equinox Frontier Winton Class 2 38,069 53,775 0.31% 0.41% Equinox Frontier Heritage Fund Class 1 16,017 26,544 0.19% 0.27% Equinox Frontier Heritage Fund Class 1AP 46 173 0.20% 0.01% Equinox Frontier Heritage Fund Class 2 5,519 8,814 0.19% 0.27% Total $ 248,960 $ 777,040 Nine Months Ended 9/30/2016 9/30/2015 9/30/2016 9/30/2015 Gross Amount Gross Amount Paid to the Paid to the Ratio to Ratio to Managing Managing Average Net Average Net Owner Owner Assets Assets Equinox Frontier Diversified Class 1 $ 8,801 $ 34,336 0.11% 0.20% Equinox Frontier Diversified Class 2 34,827 67,171 0.09% 0.20% Equinox Frontier Diversified Class 3 11,204 15,095 0.09% 0.19% Equinox Frontier Masters Class 1 7,876 21,959 0.11% 0.20% Equinox Frontier Masters Class 2 7,736 17,885 0.11% 0.20% Equinox Frontier Masters Class 3 7,257 10,832 0.10% 0.20% Equinox Frontier Long/Short Class 2 297 2,237 0.03% 0.18% Equinox Frontier Long/Short Class 3 1,956 13,363 0.04% 0.18% Equinox Frontier Long/Short Class 1a 1,392 10,050 0.04% 0.18% Equinox Frontier Long/Short Class 2a 402 2,985 0.03% 0.19% Equinox Frontier Long/Short Class 3a 298 1,368 0.03% 0.18% Equinox Frontier Balanced Fund Class 1 403,740 564,041 0.65% 0.78% Equinox Frontier Balanced Fund Class 1AP 4,600 6,719 0.65% 0.03% Equinox Frontier Balanced Fund Class 2 147,443 213,004 0.65% 0.86% Equinox Frontier Balanced Fund Class 2A 737 1,000 0.13% 0.17% Equinox Frontier Balanced Fund Class 3A 3,248 4,580 0.13% 0.17% Equinox Frontier Select Fund Class 1 26,634 54,786 0.22% 0.40% Equinox Frontier Select Fund Class 1AP 103 200 0.22% 0.00% Equinox Frontier Select Fund Class 2 3,225 6,178 0.22% 0.41% Equinox Frontier Winton Class 1 259,609 348,467 1.12% 1.33% Equinox Frontier Winton Class 1AP 423 516 1.11% 0.02% Equinox Frontier Winton Class 2 136,727 157,203 1.11% 1.19% Equinox Frontier Heritage Fund Class 1 61,772 88,009 0.71% 0.89% Equinox Frontier Heritage Fund Class 1AP 329 554 0.76% 0.02% Equinox Frontier Heritage Fund Class 2 20,980 29,061 0.71% 0.89% Total $ 1,151,617 $ 1,671,599 Equinox Financial Group, LLC, an affiliate of the Trust, provides management services for the Managing Owner who paid to Equinox Financial Group, LLC $0 and $730,000 for the nine months ended September 30, 2016 and 2015, and $0 and $425,000 for the three months ended September 30, 2016 and 2015, respectively. These amounts had no impact on the Series’ financial statements. Solon Capital, LLC, an affiliate of the Trust, provides product development and marketing services to the Trust. For these services, the Managing Owner paid Solon Capital, LLC, $527,382 and $623,715, respectively, for the nine months ended September 30, 2016 and 2015 and $264,419 and $0 for the three months ended September 30, 2016 and 2015, respectively. These amounts had no impact on the Series’ financial statements. 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. Related Parties— |
Financial Highlights (Tables)
Financial Highlights (Tables) | 9 Months Ended |
Sep. 30, 2016 | |
Equinox Frontier Funds [Member] | |
Financial Highlights of Trust | The following information presents the financial highlights of the Trust for the three and nine months ended September 30, 2016 and 2015. This data has been derived from the information presented in the consolidated financial statements. Three months ended 2016 2015 Ratios to average net assets (1) Net investment gain/(loss) (1) -5.97 % -4.69 % Expenses before incentive fees (3) 5.58 % 4.93 % Expenses after incentive fees (3) 6.07 % 5.07 % Total return before incentive fees (2) -0.95 % 0.66 % Total return after incentive fees (2) -1.43 % 0.53 % Nine months ended 2016 2015 Ratios to average net assets (1) Net investment gain/(loss) (1) -6.73 % -6.54 % Expenses before incentive fees (3) 5.24 % 4.94 % Expenses after incentive fees (3) 7.01 % 6.95 % Total return before incentive fees (2) 3.96 % 1.27 % Total return after incentive fees (2) 2.19 % -0.08 % (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. |
Series Of Frontier Fund [Member] | |
Financial Highlights of Trust | The following information presents the financial highlights of the Trust, with respect to the Series, for the three and nine months ended September 30, 2016 and 2015 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, June 30, 2016 $ 118.06 $ 133.61 $ 123.73 $ 119.85 $ 135.61 $ 126.09 $ 92.95 $ 130.55 $ 105.26 $ 130.45 $ 105.62 Net operating results: Interest income 0.07 0.07 0.07 0.14 0.16 0.15 0.00 0.00 0.00 0.00 0.00 Expenses (2.08 ) (1.28 ) (1.18 ) (1.35 ) (0.78 ) (0.73 ) (0.91 ) (0.63 ) (0.51 ) (0.63 ) (0.52 ) Net gain/(loss) on investments, net of non-controlling interests (0.25 ) (0.78 ) (0.64 ) 0.40 0.31 0.38 (2.30 ) (4.36 ) (2.98 ) (3.05 ) (1.63 ) Net income/(loss) (2.27 ) (1.98 ) (1.75 ) (0.81 ) (0.31 ) (0.20 ) (3.21 ) (4.99 ) (3.49 ) (3.68 ) (2.15 ) Net asset value, September 30, 2016 $ 115.79 $ 131.63 $ 121.98 $ 119.04 $ 135.30 $ 125.89 $ 89.74 $ 125.56 $ 101.77 $ 126.77 $ 103.47 Ratios to average net assets (3) Net investment income/(loss) -6.85 % -3.60 % -3.60 % -4.01 % -1.82 % -1.82 % -4.02 % -1.99 % -1.99 % -1.99 % -1.99 % Expenses before incentive fees (4) 7.07 % 3.82 % 3.82 % 4.48 % 2.29 % 2.29 % 4.02 % 1.99 % 1.99 % 1.99 % 1.99 % Expenses after incentive fees (4) 7.07 % 3.82 % 3.82 % 4.48 % 2.29 % 2.29 % 4.02 % 1.99 % 1.99 % 1.99 % 1.99 % Total return before incentive fees (2) -1.92 % -1.48 % -1.41 % -0.68 % -0.23 % -0.16 % -3.45 % -3.82 % -3.32 % -2.82 % -2.04 % Total return after incentive fees (2) -1.92 % -1.48 % -1.41 % -0.68 % -0.23 % -0.16 % -3.45 % -3.82 % -3.32 % -2.82 % -2.04 % 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, June 30, 2016 $ 130.50 $ 138.23 $ 185.92 $ 160.94 $ 160.41 $ 98.12 $ 103.93 $ 137.92 Net operating results: Interest income 0.00 0.00 0.01 0.01 0.01 0.00 0.00 0.00 Expenses (3.19 ) (2.23 ) (3.00 ) (2.60 ) (2.59 ) (1.80 ) (1.16 ) (1.53 ) Net gain/(loss) on investments, net of non-controlling interests 3.21 3.31 4.46 4.01 3.99 (0.06 ) (0.02 ) (0.04 ) Net income/(loss) 0.02 1.08 1.46 1.41 1.40 (1.86 ) (1.18 ) (1.57 ) Net asset value, September 30, 2016 $ 130.52 $ 139.31 $ 187.38 $ 162.35 $ 161.81 $ 96.26 $ 102.75 $ 136.35 Ratios to average net assets (3) Net investment income/(loss) -7.17 % -3.86 % -3.86 % -3.86 % -3.86 % -7.24 % -4.34 % -4.34 % Expenses before incentive fees (4) 6.35 % 3.04 % 3.04 % 3.04 % 3.04 % 7.21 % 4.31 % 4.31 % Expenses after incentive fees (4) 7.19 % 3.87 % 3.87 % 3.87 % 3.87 % 7.24 % 4.34 % 4.34 % Total return before incentive fees (2) 0.85 % 1.62 % 1.62 % 1.71 % 1.71 % -1.86 % -1.10 % -1.10 % Total return after incentive fees (2) 0.02 % 0.78 % 0.79 % 0.88 % 0.87 % -1.90 % -1.14 % -1.14 % 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, June 30, 2016 $ 171.53 $ 181.68 $ 230.67 $ 129.77 $ 137.45 $ 183.94 Net operating results: Interest income 0.00 0.00 0.00 0.00 0.00 0.00 Expenses (3.43 ) (2.23 ) (2.84 ) (1.42 ) (0.53 ) (0.71 ) Net gain/(loss) on investments, net of non-controlling interests (4.88 ) (5.23 ) (6.63 ) (3.71 ) (3.88 ) (5.18 ) Net income/(loss) (8.31 ) (7.46 ) (9.47 ) (5.13 ) (4.41 ) (5.89 ) Net asset value, September 30, 2016 $ 163.22 $ 174.22 $ 221.20 $ 124.64 $ 133.04 $ 178.05 Ratios to average net assets (3) Net investment income/(loss) -8.16 % -5.00 % -5.00 % -4.45 % -1.56 % -1.56 % Expenses before incentive fees (4) 8.16 % 5.00 % 5.00 % 4.45 % 1.56 % 1.56 % Expenses after incentive fees (4) 8.16 % 5.00 % 5.00 % 4.45 % 1.56 % 1.56 % Total return before incentive fees (2) -4.84 % -4.11 % -4.11 % -3.95 % -3.21 % -3.20 % Total return after incentive fees (2) -4.84 % -4.11 % -4.11 % -3.95 % -3.21 % -3.20 % (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 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 0.64 0.72 0.67 0.65 0.74 0.69 0.30 0.42 0.34 0.42 0.34 Expenses (8.53 ) (6.55 ) (6.05 ) (7.00 ) (5.69 ) (5.29 ) (5.97 ) (6.32 ) (5.09 ) (6.32 ) (5.11 ) Net gain/(loss) on investments, net of non-controlling interests 8.16 7.86 7.50 12.52 13.65 12.92 0.65 (0.63 ) 0.33 0.53 1.38 Net income/(loss) 0.27 2.03 2.11 6.17 8.70 8.32 (5.02 ) (6.54 ) (4.42 ) (5.37 ) (3.39 ) Net asset value, September 30, 2016 $ 115.79 $ 131.63 $ 121.98 $ 119.04 $ 135.30 $ 125.89 $ 89.74 $ 125.56 $ 101.77 $ 126.77 $ 103.47 Ratios to average net assets (3) Net investment income/(loss) -8.24 % -5.16 % -5.16 % -6.79 % -4.57 % -4.57 % -7.65 % -5.58 % -5.58 % -5.58 % -5.55 % Expenses before incentive fees (4) 6.98 % 3.91 % 3.91 % 6.39 % 4.16 % 4.16 % 6.92 % 4.86 % 4.86 % 4.86 % 4.74 % Expenses after incentive fees (4) 8.95 % 5.88 % 5.88 % 7.53 % 5.31 % 5.31 % 8.07 % 6.01 % 6.01 % 6.01 % 5.98 % Total return before incentive fees (2) 2.21 % 3.54 % 3.73 % 6.61 % 8.02 % 8.22 % -4.15 % -3.80 % -3.01 % -2.91 % -1.93 % Total return after incentive fees (2) 0.23 % 1.57 % 1.76 % 5.47 % 6.87 % 7.08 % -5.30 % -4.95 % -4.16 % -4.06 % -3.17 % 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 0.02 0.03 0.03 0.03 0.03 0.00 0.00 0.00 Expenses (8.27 ) (5.50 ) (7.40 ) (6.40 ) (6.37 ) (4.84 ) (2.85 ) (3.79 ) Net gain/(loss) on investments, net of non-controlling interests 10.73 11.20 15.05 13.84 13.79 10.75 11.32 15.03 Net income/(loss) 2.49 5.72 7.69 7.47 7.44 5.91 8.47 11.24 Net asset value, September 30, 2016 $ 130.52 $ 139.31 $ 187.38 $ 162.35 $ 161.81 $ 96.26 $ 102.75 $ 136.35 Ratios to average net assets (3) Net investment income/(loss) -7.57 % -4.47 % -4.47 % -4.47 % -4.47 % -6.60 % -3.64 % -3.64 % Expenses before incentive fees (4) 5.26 % 2.16 % 2.16 % 2.16 % 2.16 % 6.27 % 3.31 % 3.31 % Expenses after incentive fees (4) 7.59 % 4.50 % 4.50 % 4.50 % 4.50 % 6.60 % 3.64 % 3.64 % Total return before incentive fees (2) 4.28 % 6.62 % 6.61 % 7.16 % 7.15 % 6.87 % 9.31 % 9.31 % Total return after incentive fees (2) 1.94 % 4.28 % 4.28 % 4.82 % 4.82 % 6.54 % 8.98 % 8.98 % 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 0.00 0.00 0.00 0.00 0.00 0.00 Expenses (9.59 ) (6.06 ) (7.70 ) (5.25 ) (2.54 ) (3.38 ) Net gain/(loss) on investments, net of non-controlling interests 8.64 8.98 11.39 5.62 5.91 7.89 Net income/(loss) (0.95 ) 2.91 3.69 0.37 3.37 4.51 Net asset value, September 30, 2016 $ 163.22 $ 174.22 $ 221.20 $ 124.64 $ 133.04 $ 178.05 Ratios to average net assets (3) Net investment income/(loss) -7.51 % -4.46 % -4.46 % -5.42 % -2.46 % -2.46 % Expenses before incentive fees (4) 7.23 % 4.19 % 4.19 % 5.35 % 2.38 % 2.38 % Expenses after incentive fees (4) 7.51 % 4.47 % 4.47 % 5.42 % 2.46 % 2.46 % Total return before incentive fees (2) -0.30 % 1.98 % 1.97 % 0.38 % 2.68 % 2.68 % Total return after incentive fees (2) -0.58 % 1.70 % 1.70 % 0.30 % 2.60 % 2.60 % (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 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, June 30, 2015 115.55 128.49 118.7 110.01 122.32 113.45 107.17 148.16 119.03 148.2 119.64 Net operating results: Interest income 0.30 0.33 0.31 0.30 0.34 0.31 0.20 0.28 0.23 0.28 0.23 Expenses (2.46 ) (1.89 ) (1.75 ) (2.16 ) (1.69 ) (1.57 ) (1.96 ) (1.97 ) (1.58 ) (1.97 ) (1.59 ) Net gain/(loss) on investments, net of non-controlling interests 3.61 3.75 3.53 5.16 5.57 5.25 (7.11 ) (9.94 ) (8.01 ) (9.94 ) (7.98 ) Net income/(loss) 1.45 2.19 2.09 3.30 4.22 3.99 (8.87 ) (11.63 ) (9.36 ) (11.63 ) (9.34 ) Net asset value, September 30, 2015 117.00 130.68 120.79 113.31 126.54 117.44 98.30 136.53 109.67 136.57 110.30 Ratios to average net assets (3) Net investment income/(loss) -6.06 % -3.51 % -3.51 % -6.45 % -4.22 % -4.22 % -6.47 % -4.40 % -4.40 % -4.40 % -4.38 % Expenses before incentive fees (4) 6.66 % 4.11 % 4.11 % 7.50 % 5.28 % 5.28 % 7.16 % 5.08 % 5.08 % 5.08 % 5.06 % Expenses after incentive fees (4) 7.05 % 4.51 % 4.51 % 7.50 % 5.28 % 5.28 % 7.25 % 5.18 % 5.18 % 5.18 % 5.16 % Total return before incentive fees (2) 1.65 % 2.10 % 2.16 % 3.00 % 3.45 % 3.52 % -8.18 % -7.76 % -7.77 % -7.75 % -7.71 % Total return after incentive fees (2) 1.25 % 1.70 % 1.76 % 3.00 % 3.45 % 3.52 % -8.28 % -7.85 % -7.86 % -7.85 % -7.81 % 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, June 30, 2015 131.82 135.49 182.24 156.36 155.85 87.31 89.74 119.09 Net operating results: Interest income 0.01 0.01 0.01 0.01 0.01 0.00 0.00 0.00 Expenses (1.75 ) (0.77 ) (1.04 ) (0.89 ) (0.89 ) (4.45 ) (0.72 ) (0.96 ) Net gain/(loss) on investments, net of non-controlling interests (0.18 ) (0.20 ) (0.26 ) 9.90 0.14 10.30 7.46 9.90 Net income/(loss) (1.92 ) (0.96 ) (1.29 ) (0.74 ) (0.74 ) 5.85 6.74 8.94 Net asset value, September 30, 2015 129.90 134.53 180.95 155.62 155.11 93.16 96.48 128.03 Ratios to average net assets (3) Net investment income/(loss) -4.90 % -1.90 % -1.90 % -1.90 % -1.90 % -6.24 % -3.02 % -3.02 % Expenses before incentive fees (4) 4.82 % 1.82 % 1.82 % 1.82 % 1.82 % 6.24 % 3.02 % 3.02 % Expenses after incentive fees (4) 4.93 % 1.93 % 1.93 % 1.93 % 1.93 % 6.24 % 3.02 % 3.02 % Total return before incentive fees (2) -1.35 % -0.60 % -0.60 % -0.36 % -0.36 % 6.70 % 7.51 % 7.51 % Total return after incentive fees (2) -1.46 % -0.71 % -0.71 % -0.47 % -0.47 % 6.70 % 7.51 % 7.51 % 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, June 30, 2015 165.85 170.46 216.43 126.10 129.61 173.45 Net operating results: Interest income 0.00 0.00 0.00 0.00 0.00 0.00 Expenses (2.92 ) (1.70 ) (2.16 ) (2.40 ) (1.10 ) (1.48 ) Net gain/(loss) on investments, net of non-controlling interests 6.42 6.63 8.41 5.45 5.24 7.02 Net income/(loss) 3.50 4.93 6.25 3.05 4.14 5.54 Net asset value, September 30, 2015 169.35 175.39 222.68 129.15 133.75 178.99 Ratios to average net assets (3) Net investment income/(loss) -6.89 % -3.89 % 3.89 % -7.39 % -1.56 % -3.30 % Expenses before incentive fees (4) 6.89 % 3.89 % 3.89 % 7.39 % 1.56 % 3.30 % Expenses after incentive fees (4) 6.89 % 3.89 % 3.89 % 7.39 % 1.56 % 3.30 % Total return before incentive fees (2) 2.11 % 2.89 % 2.89 % 2.42 % 3.19 % 3.19 % Total return after incentive fees (2) 2.11 % 2.89 % 2.89 % 2.42 % 3.19 % 3.19 % (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 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, 2014 113.09 124.67 115.03 116.61 128.53 119.06 101.12 138.30 111.35 138.34 111.77 Net operating results: Interest income 0.96 1.06 0.98 0.97 1.08 0.99 0.78 1.08 0.87 1.08 0.87 Expenses (9.83 ) (8.35 ) (7.70 ) (9.43 ) (8.24 ) (7.60 ) (7.42 ) (7.88 ) (6.34 ) (7.88 ) (6.32 ) Net gain/(loss) on investments, net of non-controlling interests 12.78 13.30 12.48 5.16 5.17 4.99 3.82 5.03 3.79 5.03 3.98 Net income/(loss) 3.91 6.01 5.76 (3.30 ) (1.99 ) (1.62 ) (2.82 ) (1.77 ) (1.68 ) (1.77 ) (1.47 ) Net asset value, September 30, 2015 117.00 130.68 120.79 113.31 126.54 117.44 98.30 136.53 109.67 136.57 110.30 Ratios to average net assets (3) Net investment income/(loss) -8.63 % -6.13 % -6.13 % -8.69 % -6.48 % -6.48 % -7.52 % -5.44 % -5.44 % -5.44 % -5.41 % Expenses before incentive fees (4) 6.54 % 4.04 % 4.04 % 7.46 % 5.25 % 5.25 % 6.73 % 4.64 % 4.64 % 4.64 % 4.53 % Expenses after incentive fees (4) 9.86 % 7.18 % 7.18 % 9.78 % 7.56 % 7.56 % 8.48 % 6.40 % 6.40 % 6.40 % 6.37 % Total return before incentive fees (2) 6.59 % 7.95 % 8.14 % -0.51 % 0.77 % 0.96 % -1.04 % 0.47 % 0.24 % 0.47 % 0.52 % Total return after incentive fees (2) 3.46 % 4.82 % 5.01 % -2.83 % -1.55 % -1.36 % -2.79 % -1.28 % -1.51 % -1.28 % -1.32 % 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 0.03 0.03 0.04 0.04 0.04 0.00 0.00 0.00 Expenses (7.16 ) (4.14 ) (5.57 ) (4.77 ) (4.76 ) (16.20 ) (12.25 ) (16.28 ) Net gain/(loss) on investments, net of non-controlling interests 5.49 5.44 7.32 7.33 7.32 13.75 11.91 15.83 Net income/(loss) (1.64 ) 1.33 1.79 2.60 2.59 (2.45 ) (0.34 ) (0.45 ) Net asset value, September 30, 2015 129.90 134.53 180.95 155.62 155.11 93.16 96.48 128.03 Ratios to average net assets (3) Net investment income/(loss) -6.34 % -3.34 % -3.34 % -3.34 % -3.34 % -20.64 % -14.84 % -14.84 % Expenses before incentive fees (4) 4.79 % 1.78 % 1.78 % 1.78 % 1.78 % 15.90 % 10.10 % 10.10 % Expenses after incentive fees (4) 6.37 % 3.37 % 3.37 % 3.37 % 3.37 % 20.64 % 14.84 % 14.84 % Total return before incentive fees (2) 0.34 % 2.58 % 3.28 % 3.28 % 3.28 % 2.17 % 4.38 % 4.38 % Total return after incentive fees (2) -1.25 % 1.00 % 1.00 % 1.70 % 1.70 % -2.56 % -0.35 % -0.35 % 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 (9.48 ) (6.09 ) (8.77 ) (7.39 ) (4.44 ) (5.95 ) Net gain/(loss) on investments, net of non-controlling interests 2.88 4.11 5.22 6.26 6.26 8.38 Net income/(loss) (6.60 ) (2.79 ) (3.55 ) (1.13 ) 1.82 2.43 Net Net asset value, September 30, 2015 169.35 175.39 222.68 129.15 133.75 178.99 Ratios to average net assets (3) Net investment income/(loss) -6.53 % -4.47 % -4.47 % -6.95 % -3.95 % -3.95 % Expenses before incentive fees (4) 4.71 % 2.65 % 2.65 % 5.95 % 2.94 % 2.94 % Expenses after incentive fees (4) 6.53 % 4.47 % 4.47 % 6.95 % 3.95 % 3.95 % Total return before incentive fees (2) -1.94 % 0.25 % 0.25 % 0.14 % 2.39 % 2.38 % Total return after incentive fees (2) -3.75 % -1.57 % -1.57 % -0.87 % 1.38 % 1.38 % (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. |
Derivative Instruments and He25
Derivative Instruments and Hedging Activities (Tables) | 9 Months Ended |
Sep. 30, 2016 | |
Equinox Frontier Funds [Member] | |
Realized Trading Revenue from Futures, Forwards and Options | For the three and nine months ended September 30, 2016 and 2015, the monthly average of futures contracts bought was approximately 51,346 and 10,232, respectively and sold was approximately 50,577 and 10,304, respectively. Realized Trading Revenue from Futures, Forwards and Options for the Three Months Ended September 30, 2016 Type of contract Metals $ 583,815 Currencies 1,114,620 Energies 423,499 Agriculturals (332,644 ) Interest rates 1,923,178 Stock indices 4,452,854 Realized trading income/(loss) (1) $ 8,165,323 Realized Trading Revenue from Futures, Forwards and Options for the Three Months Ended September 30, 2015 Type of contract Metals $ 2,479,348 Currencies (1,895,930 ) Energies 6,449,121 Agriculturals (527,759 ) Interest rates (127,865 ) Stock indices (10,281,160 ) Realized trading income/(loss) (1) $ (3,904,245 ) Realized Trading Revenue from Futures, Forwards and Options for the Nine Months Ended September 30, 2016 Type of contract Metals $ (4,841,613 ) Currencies (3,513,673 ) Energies 2,367,334 Agriculturals (1,475,832 ) Interest rates 17,331,004 Stock indices (146,952 ) Realized trading income/(loss) (1) $ 9,720,269 Realized Trading Revenue from Futures, Forwards and Options for the Nine Months Ended September 30, 2015 Type of contract Metals $ (1,050,465 ) Currencies 2,238,262 Energies 11,201,093 Agriculturals (609,537 ) Interest rates 8,022,959 Stock indices 2,102,419 Realized trading income/(loss) (1) $ 21,904,731 Net Change in Open Trade Equity from Futures, Forwards and Options for the Three Months Ended September 30, 2016 Type of contract Metals $ (515,783 ) Currencies (2,066,999 ) Energies (1,166,561 ) Agriculturals (131,343 ) Interest rates (4,152,491 ) Stock indices 1,122,646 Change in unrealized trading income/(loss) (1) $ (6,910,531 ) Net Change in Open Trade Equity from Futures, Forwards and Options for the Three Months Ended September 30, 2015 Type of contract Metals $ (165,881 ) Currencies (644,008 ) Energies (3,278,490 ) Agriculturals 426,232 Interest rates 5,601,833 Stock indices 3,455,538 Change in unrealized trading income/(loss) (1) $ 5,395,224 Net Change in Open Trade Equity from Futures, Forwards and Options for the Nine Months Ended September 30, 2016 Type of contract Metals $ 1,937,944 Currencies 133,102 Energies 1,583,719 Agriculturals 436,654 Interest rates 1,761,984 Stock indices 1,910,770 Change in unrealized trading income/(loss) (1) $ 7,764,172 Net Change in Open Trade Equity from Futures, Forwards and Options for the Nine Months Ended September 30, 2015 Type of contract Metals $ 725,357 Currencies (2,649,965 ) Energies (7,965,479 ) Agriculturals 864,292 Interest rates 1,206,417 Stock indices (280,735 ) Change in unrealized trading income/(loss) (1) $ (8,100,113 ) (1) Amounts recorded in the Statements of Operations under Net realized gain(loss) on futures forwards and options. |
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 September 30, 2016 and December 31, 2015: Offsetting of Derivative Assets and Liabilities As of September 30, 2016 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) $ 6,930,061 $ (4,462,284 ) $ 2,467,777 Options Purchased 262,365 — 262,365 Options Written — (99,845 ) (99,845 ) Swap Contracts 36,579,979 — 36,579,979 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 Three Months Ended September 30, 2016 Monthly average contracts: Bought Sold Equinox Frontier Long/Short Commodity Fund 81 151 Equinox Frontier Balanced Fund 7,269 6,943 Equinox Frontier Diversified Fund 527 460 Equinox Frontier Select Fund 1,446 1,498 Equinox Frontier Winton Fund 3,531 3,509 for the Three Months Ended September 30, 2015 Monthly average contracts: Bought Sold Equinox Frontier Long/Short Commodity Fund — — Equinox Frontier Balanced Fund 1,423 1,383 Equinox Frontier Diversified Fund 1,503 1,468 Equinox Frontier Select Fund 526 547 for the Nine Months Ended September 30, 2016 Monthly average contracts: Bought Sold Equinox Frontier Long/Short Commodity Fund 61 74 Equinox Frontier Balanced Fund 4,886 4,834 Equinox Diversified Fund 215 179 Equinox Frontier Select Fund 2,298 2,207 Equinox Frontier Winton Fund 2,631 2,466 for the Nine Months Ended September 30, 2016 Monthly average contracts: Bought Sold Equinox Frontier Long/Short Commodity Fund — — Equinox Frontier Balanced Fund 4,830 4,859 Equinox Diversified Fund 7,657 7,698 Equinox Frontier Select Fund 1,664 1,743 |
Realized Trading Revenue from Futures, Forwards and Options | The following tables summarize the trading revenues for the three and nine months ended September 30, 2016 and 2015 by contract type: Realized Trading Revenue from Futures, Forwards and Options for the Three Months Ended September 30, 2016 Type of contract Equinox Frontier Winton Fund Equinox Frontier Balanced Fund Equinox Frontier Select Fund Equinox Frontier Diversified Fund Metals $ 137,169 34,207 $ (155,328 ) $ (234,056 ) Currencies 1,564,836 (479,693 ) 502,259 (71,095 ) Energies (283,793 ) (544,669 ) (364,812 ) (395,666 ) Agriculturals (285,391 ) 91,330 49,087 72,782 Interest rates 2,108,766 (997,159 ) 908,780 43,199 Stock indices 315,712 2,908,740 544,742 161,242 Realized trading income/(loss) (1) $ 3,557,298 $ 1,012,755 $ 1,484,728 $ (423,595 ) Realized Trading Revenue from Futures, Forwards and Options for the Three Months Ended September 30, 2015 Type of contract Equinox Frontier Winton Fund Equinox Frontier Balanced Fund Equinox Frontier Select Fund Equinox Frontier Diversified Fund Metals $ 1,299,179 $ (189,899 ) $ 794,198 $ 335,381 Currencies (229,296 ) (1,208,712 ) (229,845 ) (217,818 ) Energies 1,671,570 (206,830 ) 906,171 564,352 Agriculturals 76,395 (463,579 ) (113,195 ) (201,395 ) Interest rates 258,686 2,099,847 60,711 (534,819 ) Stock indices (2,519,004 ) (3,568,598 ) (1,072,934 ) (227,684 ) Realized trading income/(loss) (1) $ 557,530 $ (3,537,771 ) $ 345,106 $ (281,983 ) Realized Trading Revenue from Futures, Forwards and Options for the Nine Months Ended September 30, 2016 Equinox Frontier Equinox Frontier Equinox Frontier Equinox Frontier Equinox Frontier Type of contract Winton Fund Balanced Fund Select Fund Long/Short Fund Diversified Fund Metals $ (1,306,380 ) 163,898 $ (427,660 ) $ (34,888 ) $ (234,056 ) Currencies 1,239,182 (790,993 ) 178,904 — (71,095 ) Energies (279,237 ) (817,799 ) 374,789 62,750 (395,666 ) Agriculturals (547,448 ) (32,097 ) (172,748 ) (546,400 ) 202,098 Interest rates 6,205,710 4,586,533 2,212,171 — 43,199 Stock indices (1,710,476 ) 1,113,655 (61,395 ) — 161,242 Realized trading income/(loss) (1) $ 3,601,350 $ 4,223,196 $ 2,104,061 $ (518,538 ) $ (294,279 ) Realized Trading Revenue from Futures, Forwards and Options for the Nine Months Ended September 30, 2015 Type of contract Equinox Frontier Winton Fund Equinox Frontier Balanced Fund Equinox Frontier Select Fund Equinox Frontier Diversified Fund Metals $ (629,783 ) $ (563,749 ) $ 248,620 $ (144,893 ) Currencies (1,294,845 ) 453,336 98,621 1,562,854 Energies (333,304 ) 359,219 1,600,083 1,238,321 Agriculturals 11,338 (423,024 ) (140,903 ) (158,127 ) Interest rates 2,553,584 1,527,969 (1,045,047 ) 4,163,141 Stock indices 250,540 (1,298,702 ) (294,613 ) 1,938,388 Realized trading income/(loss) (1) $ 557,530 $ 55,049 $ 466,761 $ 8,599,684 (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 Three Months Ended September 30, 2016 Type of contract Equinox Frontier Winton Fund Equinox Frontier Balanced Fund Equinox Frontier Select Fund Equinox Frontier Diversified Fund Metals $ (547,241 ) $ 81,372 $ 28,852 $ 171,643 Currencies (1,288,958 ) (24,481 ) (367,118 ) (372,138 ) Energies (445,176 ) (135,506 ) (240,034 ) (124,354 ) Agriculturals (59,806 ) 92,332 83,025 (75,503 ) Interest rates (2,754,154 ) 183,400 (991,267 ) (503,594 ) Stock indices 362,016 935,787 168,134 (347,862 ) Change in unrealized trading income/(loss) (1) $ (4,733,320 ) $ 1,132,903 $ (1,318,406 ) $ (1,251,809 ) Net Change in Open Trade Equity from Futures, Forwards and Options for the Three Months Ended September 30, 2015 Type of contract Equinox Frontier Winton Fund Equinox Frontier Balanced Fund Equinox Frontier Select Fund Equinox Frontier Diversified Fund Metals $ (629,783 ) $ 93,155 $ (125,649 ) $ 649,972 Currencies (1,925,681 ) 46,529 93,893 873,813 Energies (333,304 ) 182,622 579,493 550,970 Agriculturals 11,338 (36,457 ) 282,052 317,301 Interest rates 2,553,584 1,065,984 286,868 680,670 Stock indices 250,540 623,609 191,103 589,881 Change in unrealized trading income/(loss) (1) $ (73,306 ) $ 1,975,442 $ 1,307,760 $ 3,662,607 Net Change in Open Trade Equity from Futures, Forwards and Options for the Nine Months Ended September 30, 2016 Equinox Frontier Equinox Frontier Equinox Frontier Equinox Frontier Equinox Frontier Type of contract Winton Fund Balanced Fund Select Fund Long/Short Fund Diversified Fund Metals $ (751,806 ) $ 48,088 $ (147,108 ) $ 40,106 $ 169,613 Currencies 427,845 (520,509 ) 384,274 88,181 (263,004 ) Energies (635,515 ) (40,648 ) (809,068 ) 310,673 (96,532 ) Agriculturals 9,954 130,007 165,478 419,538 80,529 Interest rates 357,356 644,472 343,921 6,479 (117,044 ) Stock indices 467,896 1,051,674 338,458 (17,690 ) (102,221 ) Change in unrealized trading income/(loss) (1) $ (124,271 ) $ 1,313,083 $ 275,957 $ 847,287 $ (328,660 ) Net Change in Open Trade Equity from Futures, Forwards and Options for the Nine Months Ended September 30, 2015 Type of contract Equinox Frontier Winton Fund Equinox Frontier Balanced Fund Equinox Frontier Select Fund Equinox Frontier Diversified Fund Metals $ (629,783 ) $ 100,867 $ 419,385 $ 826,351 Currencies (1,925,681 ) 10,867 67,629 (193,292 ) Energies (333,304 ) (447,628 ) (164,736 ) 147,793 Agriculturals 11,338 77,334 (155,464 ) 90,444 Interest rates 2,553,584 134,848 (290,025 ) (924,670 ) Stock indices 250,540 (314,602 ) (175,773 ) 503,774 Change in unrealized trading income/(loss) (1) $ (73,306 ) $ (438,314 ) $ (298,984 ) $ 450,400 (1) Amounts recorded in the Statements of Operations under Net realized gain(loss) on futures forwards and options. |
Offsetting of Derivative Assets and Liabilities | The following tables present gross and net information about the Series’ assets and liabilities subject to master netting arrangements as disclosed on the statements of financial condition as of September 30, 2016 and December 31, 2015. As of September 30, 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 Equinox Frontier Balanced Fund Open Trade Equity/(Deficit) $ 1,955,555 $ (453,990 ) $ 1,501,565 Swap Contracts 16,586,708 — 16,586,708 Equinox Frontier Diversified Fund Open Trade Equity/(Deficit) $ 895,439 $ (362,636 ) $ 532,803 Swap Contracts 7,234,984 — 7,234,984 Equinox Frontier Long/Short Commodity Fund Swap Contracts $ 4,258,423 $ — $ 4,258,423 Equinox Frontier Heritage Fund Swap Contracts 8,499,865 — 8,499,865 Equinox Frontier Select Fund Open Trade Equity/(Deficit) $ 1,215,602 $ (529,238 ) $ 686,364 Equinox Frontier Winton Fund Open Trade Equity/(Deficit) $ 1,615,593 $ (1,401,084 ) $ 214,509 As of December 31, 2015 Net Amounts Gross Amounts Presented in the Gross Amounts offset in the Statements of of recognized Statements of Financial Derivative Assets Financial Condition 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 |
Organization and Purpose (Detai
Organization and Purpose (Details Narrative) | 9 Months Ended |
Sep. 30, 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 Polici27
Significant Accounting Policies (Details) | 9 Months Ended |
Sep. 30, 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 [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 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 [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] | 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 ($) | Sep. 30, 2016 | Dec. 31, 2015 |
Open Trade Equity (Deficit) | $ 2,467,777 | $ (4,348,872) |
Swap Contracts | 36,579,979 | 40,136,065 |
U.S. Treasury Securities | 47,381,524 | 117,478,438 |
Purchased Options | 262,365 | 526,288 |
Options Written | (99,845) | (165,760) |
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Open Trade Equity (Deficit) | 2,305,664 | (4,424,290) |
Swap Contracts | ||
U.S. Treasury Securities | 47,381,524 | 117,478,438 |
Purchased Options | ||
Options Written | ||
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Open Trade Equity (Deficit) | 162,113 | 75,418 |
Swap Contracts | ||
U.S. Treasury Securities | ||
Purchased Options | 262,365 | 526,288 |
Options Written | (99,845) | (165,760) |
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Open Trade Equity (Deficit) | ||
Swap Contracts | 36,579,979 | 40,136,065 |
U.S. Treasury Securities | ||
Purchased Options | ||
Options Written | ||
Equinox Frontier Diversified Fund [Member] | ||
Swap Contracts | 7,234,984 | 8,685,849 |
U.S. Treasury Securities | 6,019,126 | 27,604,916 |
Equinox Frontier Diversified Fund [Member] | Fair Value, Measurements, Recurring [Member] | ||
Investment in Unconsolidated Trading Companies | 2,740,986 | 16,094,207 |
Open Trade Equity (Deficit) | 532,803 | |
Swap Contracts | 7,234,984 | 8,685,849 |
U.S. Treasury Securities | 6,019,126 | 27,604,916 |
Equinox Frontier Diversified Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Investment in Unconsolidated Trading Companies | 2,714,187 | 15,844,097 |
Open Trade Equity (Deficit) | 532,803 | |
Swap Contracts | ||
U.S. Treasury Securities | 6,019,126 | 27,604,916 |
Equinox Frontier Diversified Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Investment in Unconsolidated Trading Companies | 26,799 | 250,110 |
Open Trade Equity (Deficit) | ||
Swap Contracts | ||
U.S. Treasury Securities | ||
Equinox Frontier Diversified Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Investment in Unconsolidated Trading Companies | ||
Open Trade Equity (Deficit) | ||
Swap Contracts | 7,234,984 | 8,685,849 |
U.S. Treasury Securities | ||
Equinox Frontier Masters Fund [Member] | ||
Swap Contracts | ||
U.S. Treasury Securities | 4,925,521 | 11,953,206 |
Equinox Frontier Masters Fund [Member] | Fair Value, Measurements, Recurring [Member] | ||
Investment in Unconsolidated Trading Companies | 5,785,423 | 9,409,930 |
Open Trade Equity (Deficit) | 1,796 | |
U.S. Treasury Securities | 4,925,521 | 11,953,206 |
Equinox Frontier Masters Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Investment in Unconsolidated Trading Companies | 5,758,120 | 9,383,235 |
Open Trade Equity (Deficit) | 1,796 | |
U.S. Treasury Securities | 4,925,521 | 11,953,206 |
Equinox Frontier Masters Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Investment in Unconsolidated Trading Companies | 27,303 | 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 | 4,258,423 | 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 | |
Open Trade Equity (Deficit) | ||
Swap Contracts | 4,258,423 | 4,332,428 |
U.S. Treasury Securities | (1,294,652) | 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 | (1,294,652) | 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 | ||
Options Written | ||
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 | 4,258,423 | 4,332,428 |
Options Written | ||
Equinox Frontier Balanced Fund [Member] | ||
Swap Contracts | 16,586,708 | 19,157,520 |
U.S. Treasury Securities | 12,034,303 | 41,148,676 |
Purchased Options | 254,365 | |
Equinox Frontier Balanced Fund [Member] | Fair Value, Measurements, Recurring [Member] | ||
Investment in Unconsolidated Trading Companies | 3,742,037 | 17,623,968 |
Open Trade Equity (Deficit) | 1,501,565 | 11,530 |
Swap Contracts | 16,586,708 | 19,157,520 |
U.S. Treasury Securities | 12,034,303 | 41,148,676 |
Purchased Options | 254,365 | |
Options Written | (97,325) | |
Equinox Frontier Balanced Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Investment in Unconsolidated Trading Companies | 3,776,767 | 17,357,475 |
Open Trade Equity (Deficit) | 1,572,852 | 11,530 |
Swap Contracts | ||
U.S. Treasury Securities | 12,034,303 | 41,148,676 |
Purchased Options | 254,365 | |
Options Written | (97,325) | |
Equinox Frontier Balanced Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Investment in Unconsolidated Trading Companies | (34,730) | 266,493 |
Open Trade Equity (Deficit) | (71,287) | |
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 | 16,586,708 | 19,157,520 |
U.S. Treasury Securities | ||
Equinox Frontier Select Fund [Member] | ||
Swap Contracts | ||
U.S. Treasury Securities | 2,495,697 | 1,852,429 |
Purchased Options | ||
Equinox Frontier Select Fund [Member] | Fair Value, Measurements, Recurring [Member] | ||
Investment in Unconsolidated Trading Companies | 4,121,050 | 4,147,840 |
Open Trade Equity (Deficit) | 686,364 | 462,339 |
U.S. Treasury Securities | 2,495,697 | 1,852,429 |
Equinox Frontier Select Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Investment in Unconsolidated Trading Companies | 213,921 | |
Open Trade Equity (Deficit) | 661,158 | 462,339 |
U.S. Treasury Securities | 2,495,697 | 1,852,429 |
Equinox Frontier Select Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Investment in Unconsolidated Trading Companies | ||
Open Trade Equity (Deficit) | 25,206 | |
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 | 4,121,050 | |
Open Trade Equity (Deficit) | ||
Swap Contracts | 3,933,919 | |
U.S. Treasury Securities | ||
Equinox Frontier Winton Fund [Member] | ||
Swap Contracts | 0 | 0 |
U.S. Treasury Securities | 18,417,716 | 24,617,817 |
Equinox Frontier Winton Fund [Member] | Fair Value, Measurements, Recurring [Member] | ||
Investment in Unconsolidated Trading Companies | 297,554 | |
Open Trade Equity (Deficit) | 214,509 | 599,579 |
U.S. Treasury Securities | 18,417,716 | 24,617,817 |
Equinox Frontier Winton Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Investment in Unconsolidated Trading Companies | 297,554 | |
Open Trade Equity (Deficit) | 6,315 | 599,579 |
U.S. Treasury Securities | 18,417,716 | 24,617,817 |
Equinox Frontier Winton Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Open Trade Equity (Deficit) | 208,194 | |
U.S. Treasury Securities | ||
Equinox Frontier Winton Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Open Trade Equity (Deficit) | ||
U.S. Treasury Securities | ||
Equinox Frontier Heritage Fund [Member] | ||
Swap Contracts | 8,499,865 | 7,960,268 |
U.S. Treasury Securities | 3,489,160 | 5,508,577 |
Equinox Frontier Heritage Fund [Member] | Fair Value, Measurements, Recurring [Member] | ||
Investment in Unconsolidated Trading Companies | 1,953,986 | 1,405,586 |
Swap Contracts | 8,499,865 | 7,960,268 |
U.S. Treasury Securities | 3,489,160 | 5,508,577 |
Equinox Frontier Heritage Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Investment in Unconsolidated Trading Companies | 1,935,936 | 1,403,461 |
Swap Contracts | ||
U.S. Treasury Securities | 3,489,160 | 5,508,577 |
Equinox Frontier Heritage Fund [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Investment in Unconsolidated Trading Companies | 19,322 | 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 | 8,499,865 | $ 7,960,268 |
U.S. Treasury Securities |
Fair Value Measurements (Deta29
Fair Value Measurements (Details 2) - USD ($) | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||
Sep. 30, 2016 | Sep. 30, 2015 | Sep. 30, 2016 | Sep. 30, 2015 | Dec. 31, 2015 | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | |||||
Change in fair value of investments in unconsolidated trading companies | $ (943,764) | $ (4,534,512) | |||
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 | (63,873) | (935,070) | $ (3,521,980) | $ (5,603,283) | |
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 | $ 18,246,954 | ||
Included in earnings-realized | |||||
Included in earnings-unrealized | (2,570,812) | 910,566 | |||
Proceeds from sales of investments of unconsolidated trading companies | |||||
Change in ownership allocation of total return swaps | |||||
Transfers in and/or out of Level 3 | |||||
Balance of recurring Level 3 assets | 16,586,708 | 16,586,708 | 19,157,520 | ||
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 | 526,445 | 1,131,595 | 401,634 | (290,624) | |
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 | 3,633,060 | ||
Included in earnings-realized | |||||
Included in earnings-unrealized | (74,005) | (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 | |||||
Transfers in and/or out of Level 3 | |||||
Balance of recurring Level 3 assets | 4,258,423 | 4,258,423 | 4,332,428 | ||
Equinox Frontier Diversified 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 | (752,952) | 1,480,354 | (3,039,485) | (580,502) | |
Equinox Frontier Diversified 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 | 8,685,849 | 6,570,408 | 6,570,408 | ||
Included in earnings-realized | |||||
Included in earnings-unrealized | (1,450,865) | 2,115,441 | |||
Proceeds from sales of investments of unconsolidated trading companies | |||||
Change in ownership allocation of total return swaps | |||||
Transfers in and/or out of Level 3 | |||||
Balance of recurring Level 3 assets | 7,234,984 | 7,234,984 | 8,685,849 | ||
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 | 158,995 | (105,347) | (37,288) | (227,692) | |
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 | 7,540,465 | ||
Included in earnings-realized | |||||
Included in earnings-unrealized | 539,597 | 419,803 | |||
Proceeds from sales of investments of unconsolidated trading companies | |||||
Change in ownership allocation of total return swaps | |||||
Transfers in and/or out of Level 3 | |||||
Balance of recurring Level 3 assets | 8,499,865 | 8,499,865 | 7,960,268 | ||
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 | 67,155 | $ (129,507) | (184,396) | (305,243) | |
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 | 4,147,840 | 3,539,498 | 3,539,498 | ||
Change in fair value of investments in unconsolidated trading companies | (26,790) | 394,421 | |||
Proceeds from sales of investments of unconsolidated trading companies | |||||
Change in ownership allocation | |||||
Transfers in and/or out of Level 3 | |||||
Balance of recurring Level 3 assets | 4,121,050 | 4,121,050 | 4,147,840 | ||
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 | 35,990,887 | ||
Included in earnings-realized | |||||
Included in earnings-unrealized | (3,556,086) | 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 | $ 36,579,979 | $ 36,579,979 | $ 40,136,065 |
Fair Value Measurements (Deta30
Fair Value Measurements (Details 3) - Fair Value, Inputs, Level 3 [Member] - USD ($) | 9 Months Ended | 12 Months Ended |
Sep. 30, 2016 | Dec. 31, 2015 | |
Equinox Frontier Diversified Fund [Member] | Swap [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Balance of recurring Level 3 assets Included in earnings-unrealized | $ (1,450,864) | $ 2,115,441 |
Equinox Frontier Long Short Commodity Fund [Member] | Swap [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Balance of recurring Level 3 assets Included in earnings-unrealized | (74,005) | (300,633) |
Equinox Frontier Balanced Fund [Member] | Swap [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Balance of recurring Level 3 assets Included in earnings-unrealized | (2,570,811) | 910,566 |
Equinox Frontier Heritage Fund [Member] | Swap [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Balance of recurring Level 3 assets Included in earnings-unrealized | 539,597 | 419,803 |
Equinox Frontier Select Fund [Member] | Unconsolidated Trading Company [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Balance of recurring Level 3 assets Included in earnings-unrealized | (26,790) | 394,421 |
Equinox Frontier Funds [Member] | Swap [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Balance of recurring Level 3 assets Included in earnings-unrealized | $ (3,556,086) | $ 3,145,177 |
Swaps (Detail)
Swaps (Detail) - Swap [Member] - USD ($) | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||
Sep. 30, 2016 | Sep. 30, 2015 | Sep. 30, 2016 | Sep. 30, 2015 | Dec. 31, 2015 | |
Derivatives, Fair Value [Line Items] | |||||
Realized Gain/(Loss) | |||||
Change in Unrealized Gain/(Loss) | 860,209 | 418,234 | $ (3,556,086) | $ (1,647,609) | |
Equinox Frontier Balanced Fund [Member] | |||||
Derivatives, Fair Value [Line Items] | |||||
Change in Unrealized Gain/(Loss) | 573,120 | (482,140) | 2,570,811 | 237,460 | |
Equinox Frontier Balanced Fund [Member] | Deutsche Bank Ag [Member] | |||||
Derivatives, Fair Value [Line Items] | |||||
Notional Amount | 22,580,043 | $ 22,580,043 | $ 22,580,043 | ||
Termination Date | Feb. 8, 2018 | Aug. 2, 2018 | |||
Cash Collateral | 9,600,000 | $ 9,600,000 | $ 9,600,000 | ||
Swap Value | 6,986,708 | $ 6,986,708 | 9,557,520 | ||
Investee Returns | Total Returns | ||||
Realized Gain/(Loss) | $ 0 | 0 | |||
Change in Unrealized Gain/(Loss) | (2,570,811) | 910,566 | |||
Fair Value | 16,586,708 | 16,586,708 | 19,157,520 | ||
Equinox Frontier Diversified Fund [Member] | |||||
Derivatives, Fair Value [Line Items] | |||||
Realized Gain/(Loss) | |||||
Change in Unrealized Gain/(Loss) | 302,129 | 531,624 | 1,450,864 | (1,576,384) | |
Equinox Frontier Diversified Fund [Member] | Deutsche Bank Ag [Member] | |||||
Derivatives, Fair Value [Line Items] | |||||
Notional Amount | 13,851,707 | $ 13,851,707 | $ 13,851,707 | ||
Termination Date | Feb. 8, 2018 | Aug. 2, 2018 | |||
Cash Collateral | 3,400,000 | $ 3,400,000 | $ 3,400,000 | ||
Swap Value | 3,834,984 | $ 3,834,984 | 5,285,849 | ||
Investee Returns | Total Returns | ||||
Realized Gain/(Loss) | $ 0 | 0 | |||
Change in Unrealized Gain/(Loss) | (1,450,864) | 2,115,441 | |||
Fair Value | 7,234,984 | 7,234,984 | 8,685,849 | ||
Equinox Frontier Long Short Commodity Fund [Member] | |||||
Derivatives, Fair Value [Line Items] | |||||
Realized Gain/(Loss) | |||||
Change in Unrealized Gain/(Loss) | 113,899 | (54,840) | (74,005) | 383,691 | |
Equinox Frontier Long Short Commodity Fund [Member] | Deutsche Bank Ag [Member] | |||||
Derivatives, Fair Value [Line Items] | |||||
Notional Amount | 1,877,692 | $ 1,877,692 | $ 1,877,692 | ||
Termination Date | Jul. 8, 2018 | Aug. 7, 2018 | |||
Cash Collateral | 3,880,000 | $ 3,880,000 | $ 3,880,000 | ||
Swap Value | 378,423 | $ 378,423 | 452,428 | ||
Investee Returns | Total Returns | ||||
Realized Gain/(Loss) | $ 0 | 0 | |||
Change in Unrealized Gain/(Loss) | (74,005) | (300,633) | |||
Fair Value | 4,258,423 | 4,258,423 | 4,332,428 | ||
Equinox Frontier Heritage Fund [Member] | |||||
Derivatives, Fair Value [Line Items] | |||||
Realized Gain/(Loss) | |||||
Change in Unrealized Gain/(Loss) | (132,438) | $ 423,590 | (539,597) | $ (692,376) | |
Equinox Frontier Heritage Fund [Member] | Deutsche Bank Ag [Member] | |||||
Derivatives, Fair Value [Line Items] | |||||
Notional Amount | 11,413,283 | $ 11,413,283 | $ 12,663,283 | ||
Termination Date | Mar. 26, 2018 | Mar. 26, 2018 | |||
Cash Collateral | 5,986,000 | $ 5,986,000 | $ 5,993,000 | ||
Swap Value | 2,513,865 | $ 2,513,865 | 1,967,289 | ||
Investee Returns | Total Returns | ||||
Realized Gain/(Loss) | $ 0 | 0 | |||
Change in Unrealized Gain/(Loss) | 539,597 | 419,803 | |||
Fair Value | 8,499,866 | 8,499,866 | 7,960,268 | ||
Frontier Brevan Howard Swap Us [Member] | Deutsche Bank Ag [Member] | |||||
Derivatives, Fair Value [Line Items] | |||||
Notional Amount | 11,413,283 | $ 11,413,283 | $ 12,663,283 | ||
Termination Date | Mar. 26, 2018 | Mar. 26, 2018 | |||
Cash Collateral | 5,985,998 | $ 5,985,998 | $ 5,993,000 | ||
Swap Value | 2,513,865 | $ 2,513,865 | 1,967,269 | ||
Investee Returns | Total Returns | ||||
Realized Gain/(Loss) | $ 0 | 0 | |||
Change in Unrealized Gain/(Loss) | 539,597 | 419,803 | |||
Fair Value | 8,499,865 | 8,499,865 | 7,960,269 | ||
Frontier Thirty Four Balanced Select Swap Us [Member] | Deutsche Bank Ag [Member] | |||||
Derivatives, Fair Value [Line Items] | |||||
Notional Amount | 6,986,708 | $ 6,986,708 | $ 22,580,043 | ||
Termination Date | Aug. 2, 2018 | Aug. 2, 2018 | |||
Cash Collateral | 9,600,000 | $ 9,600,000 | $ 9,600,000 | ||
Swap Value | 6,986,708 | $ 6,986,708 | 9,557,519 | ||
Investee Returns | Total Returns | ||||
Realized Gain/(Loss) | $ 0 | 0 | |||
Change in Unrealized Gain/(Loss) | (2,570,811) | 910,566 | |||
Fair Value | 16,586,708 | 16,586,708 | 19,157,519 | ||
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 | $ 13,851,707 | ||
Termination Date | Aug. 2, 2018 | Aug. 2, 2018 | |||
Cash Collateral | 3,400,000 | $ 3,400,000 | $ 3,400,000 | ||
Swap Value | 3,834,984 | $ 3,834,984 | 5,285,749 | ||
Investee Returns | Total Returns | ||||
Realized Gain/(Loss) | $ 0 | 0 | |||
Change in Unrealized Gain/(Loss) | (1,450,864) | 2,115,441 | |||
Fair Value | 7,234,984 | 7,234,984 | 8,685,749 | ||
Frontier Thirty Seven Ls Select Swap Us [Member] | Deutsche Bank Ag [Member] | |||||
Derivatives, Fair Value [Line Items] | |||||
Notional Amount | 1,877,692 | $ 1,877,692 | $ 1,877,592 | ||
Termination Date | Aug. 7, 2018 | Aug. 7, 2018 | |||
Cash Collateral | 3,880,000 | $ 3,880,000 | $ 3,880,000 | ||
Swap Value | 378,423 | $ 378,423 | 452,428 | ||
Investee Returns | Total Returns | ||||
Realized Gain/(Loss) | $ 0 | 0 | |||
Change in Unrealized Gain/(Loss) | (74,005) | (300,633) | |||
Fair Value | $ 4,258,423 | $ 4,258,423 | $ 40,136,065 |
Swaps (Details Narrative)
Swaps (Details Narrative) - USD ($) | Sep. 30, 2016 | Dec. 31, 2015 |
Series Of Frontier Fund [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Trust's assets deposited with over-the-counter counterparties | 9.20% | 9.30% |
Equinox Frontier Funds [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Trust's assets deposited with over-the-counter counterparties | 14.26% | 16.71% |
Fair Value of Trust's assets deposited with over-the-counter counterparties | $ 36,579,979 | $ 40,136,065 |
Investments in Unconsolidated33
Investments in Unconsolidated Trading Companies (Details) - USD ($) | Sep. 30, 2016 | Dec. 31, 2015 |
Equinox Frontier Diversified Fund [Member] | ||
Investment [Line Items] | ||
Investments in unconsolidated trading companies, at fair value | $ 2,740,986 | $ 16,094,207 |
Equinox Frontier Select Fund [Member] | ||
Investment [Line Items] | ||
Investments in unconsolidated trading companies, at fair value | 4,121,050 | 4,147,840 |
Equinox Frontier Balanced Fund [Member] | ||
Investment [Line Items] | ||
Investments in unconsolidated trading companies, at fair value | 3,742,037 | 17,623,968 |
Equinox Frontier Winton Fund [Member] | ||
Investment [Line Items] | ||
Investments in unconsolidated trading companies, at fair value | 0 | 0 |
Equinox Frontier Long Short Commodity Fund [Member] | ||
Investment [Line Items] | ||
Investments in unconsolidated trading companies, at fair value | 3,414,663 | |
Equinox Frontier Long Short Commodity Fund [Member] | Private Investment Companies [Member] | ||
Investment [Line Items] | ||
Percentage of Series Net Assets Invested in Unconsolidated Trading Companies | 64.92% | |
Equinox Frontier Long Short Commodity Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC [Member] | ||
Investment [Line Items] | ||
Percentage of Series Net Assets Invested in Unconsolidated Trading Companies | 16.43% | |
Equinox Frontier Long Short Commodity Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Chesapeake Feeder Fund (518) [Member] | ||
Investment [Line Items] | ||
Percentage of Series Net Assets Invested in Unconsolidated Trading Companies | 19.29% | |
Equinox Frontier Masters Fund [Member] | ||
Investment [Line Items] | ||
Investments in unconsolidated trading companies, at fair value | $ 5,785,423 | 9,409,930 |
Equinox Frontier Masters Fund [Member] | Private Investment Companies [Member] | ||
Investment [Line Items] | ||
Percentage of Series Net Assets Invested in Unconsolidated Trading Companies | 33.46% | |
Equinox Frontier Masters Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC [Member] | ||
Investment [Line Items] | ||
Percentage of Series Net Assets Invested in Unconsolidated Trading Companies | 12.79% | |
Equinox Frontier Masters Fund [Member] | Private Investment Companies [Member] | Galaxy Plus Fund - Chesapeake Feeder Fund (518) [Member] | ||
Investment [Line Items] | ||
Percentage of Series Net Assets Invested in Unconsolidated Trading Companies | 20.67% | |
Equinox Frontier Heritage Fund [Member] | ||
Investment [Line Items] | ||
Investments in unconsolidated trading companies, at fair value | $ 0 | $ 0 |
Investments in Unconsolidated34
Investments in Unconsolidated Trading Companies (Details 2) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2016 | Sep. 30, 2015 | Sep. 30, 2016 | Sep. 30, 2015 | |
Net Income (Loss) | $ 943,764 | $ 4,534,512 | ||
Frontier Trading Company I Llc [Member] | ||||
Net Income (Loss) | (5,939,640) | $ (9,234,345) | ||
Frontier Trading Company Vii Llc [Member] | ||||
Net Income (Loss) | 1,026,393 | (3,067,017) | ||
Frontier Trading Company Xxxviii Llc [Member] | ||||
Net Income (Loss) | (471,270) | (3,728,968) | $ (36,144) | (1,697,464) |
Galaxy Plus Fund - LRR Feeder Fund (522) LLC [Member] | ||||
Net Income (Loss) | (800,697) | (179,870) | ||
Equinox Frontier Balanced Fund [Member] | ||||
Trading Commissions | (5,175) | (218,828) | (427,740) | (619,685) |
Realized Gain/(Loss) | (991,919) | 1,090,718 | 757,438 | 6,649,714 |
Change in Unrealized Gain/(Loss) | 1,060,967 | 63,180 | 3,192,282 | (426,746) |
Net Income (Loss) | 63,873 | 935,070 | 3,521,980 | 5,603,283 |
Equinox Frontier Balanced Fund [Member] | Frontier Trading Company I Llc [Member] | ||||
Trading Commissions | (118,520) | (291,912) | (292,176) | |
Realized Gain/(Loss) | 1,560,943 | 2,837,850 | 4,585,527 | |
Change in Unrealized Gain/(Loss) | 824,704 | 384,155 | 853,523 | |
Net Income (Loss) | 2,267,127 | 2,930,093 | 5,146,874 | |
Equinox Frontier Balanced Fund [Member] | Frontier Trading Company Ii Llc [Member] | ||||
Trading Commissions | (846) | (4,454) | (8,757) | (15,442) |
Realized Gain/(Loss) | (1,046,222) | 6,644 | (1,043,190) | 755,710 |
Change in Unrealized Gain/(Loss) | 603,092 | 560,644 | 1,401,532 | (159,769) |
Net Income (Loss) | (443,976) | 562,834 | 349,585 | 580,499 |
Equinox Frontier Balanced Fund [Member] | Frontier Trading Company Vii Llc [Member] | ||||
Trading Commissions | (84,201) | (97,942) | (273,280) | |
Realized Gain/(Loss) | 1,195,982 | 464,066 | 1,842,624 | |
Change in Unrealized Gain/(Loss) | (1,643,819) | 1,509,176 | (929,479) | |
Net Income (Loss) | (532,038) | 1,875,300 | 639,865 | |
Equinox Frontier Balanced Fund [Member] | Frontier Trading Company XIV LLC [Member] | ||||
Trading Commissions | (1,293) | (128) | ||
Realized Gain/(Loss) | 8,367 | 17,904 | (198,125) | |
Change in Unrealized Gain/(Loss) | (8,389) | (24,326) | 198,418 | |
Net Income (Loss) | (22) | (7,715) | 165 | |
Equinox Frontier Balanced Fund [Member] | Frontier Trading Company Xv Llc [Member] | ||||
Trading Commissions | (4) | (38,659) | ||
Realized Gain/(Loss) | (48) | 18,900 | (48) | (336,022) |
Change in Unrealized Gain/(Loss) | (18,900) | (389,439) | ||
Net Income (Loss) | (48) | (4) | (48) | (764,120) |
Equinox Frontier Balanced Fund [Member] | Frontier Trading Company XXIX LLC [Member] | ||||
Trading Commissions | (10) | |||
Realized Gain/(Loss) | 7,074 | |||
Change in Unrealized Gain/(Loss) | ||||
Net Income (Loss) | 7,064 | |||
Equinox Frontier Balanced Fund [Member] | Frontier Trading Company Xxxviii Llc [Member] | ||||
Trading Commissions | (4,329) | (11,649) | (27,826) | |
Realized Gain/(Loss) | 45,984 | (1,691,751) | (1,526,218) | |
Change in Unrealized Gain/(Loss) | 21,239 | 340,551 | 13,264 | |
Net Income (Loss) | 62,894 | (1,362,849) | (1,540,780) | |
Equinox Frontier Balanced Fund [Member] | Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC [Member] | ||||
Trading Commissions | ||||
Realized Gain/(Loss) | ||||
Change in Unrealized Gain/(Loss) | 910,981 | 437,015 | ||
Net Income (Loss) | 910,981 | 437,015 | ||
Equinox Frontier Balanced Fund [Member] | Galaxy Plus Fund - LRR Feeder Fund (522) LLC [Member] | ||||
Trading Commissions | ||||
Realized Gain/(Loss) | ||||
Change in Unrealized Gain/(Loss) | (101,517) | (177,955) | ||
Net Income (Loss) | (101,517) | (177,955) | ||
Equinox Frontier Balanced Fund [Member] | Galaxy Plus Fund - Quest Feeder Fund (517) [Member] | ||||
Trading Commissions | ||||
Realized Gain/(Loss) | ||||
Change in Unrealized Gain/(Loss) | (364,439) | (350,579) | ||
Net Income (Loss) | (364,439) | (350,579) | ||
Equinox Frontier Winton Fund [Member] | ||||
Trading Commissions | (5,157) | (8,700) | (19,157) | (52,369) |
Realized Gain/(Loss) | (66,996) | (1,186,574) | (1,063,587) | 1,451,419 |
Change in Unrealized Gain/(Loss) | (126,968) | 1,707,940 | (202,316) | (504,395) |
Net Income (Loss) | (199,121) | 512,666 | (1,285,060) | 894,655 |
Equinox Frontier Winton Fund [Member] | Frontier Trading Company Ii Llc [Member] | ||||
Trading Commissions | (6,643) | (30,241) | ||
Realized Gain/(Loss) | (964,311) | 1,667,629 | ||
Change in Unrealized Gain/(Loss) | 206,039 | (315,582) | ||
Net Income (Loss) | (764,915) | 1,321,806 | ||
Equinox Frontier Winton Fund [Member] | Frontier Trading Company Xxxviii Llc [Member] | ||||
Trading Commissions | (5,157) | (19,157) | (22,128) | |
Realized Gain/(Loss) | (66,996) | (1,063,587) | (216,210) | |
Change in Unrealized Gain/(Loss) | (126,968) | (202,316) | (188,813) | |
Net Income (Loss) | (199,121) | (1,285,060) | (427,151) | |
Equinox Frontier Select Fund [Member] | ||||
Trading Commissions | (674) | (603) | (4,605) | (2,400) |
Realized Gain/(Loss) | 13,128 | (85,196) | (48,741) | (21,084) |
Change in Unrealized Gain/(Loss) | (79,609) | 215,306 | 237,742 | 328,727 |
Net Income (Loss) | (67,155) | 129,507 | 184,396 | 305,243 |
Equinox Frontier Select Fund [Member] | Frontier Trading Company Xv Llc [Member] | ||||
Trading Commissions | ||||
Realized Gain/(Loss) | (195) | |||
Change in Unrealized Gain/(Loss) | 2,173 | |||
Net Income (Loss) | 1,978 | |||
Equinox Frontier Select Fund [Member] | Frontier Trading Company XXIX LLC [Member] | ||||
Trading Commissions | ||||
Realized Gain/(Loss) | ||||
Change in Unrealized Gain/(Loss) | 197,541 | 325,077 | ||
Net Income (Loss) | 197,541 | 325,077 | ||
Equinox Frontier Select Fund [Member] | Frontier Trading Company Xxxviii Llc [Member] | ||||
Trading Commissions | (674) | (603) | (1,211) | (2,400) |
Realized Gain/(Loss) | 13,128 | (85,196) | (48,741) | (20,889) |
Change in Unrealized Gain/(Loss) | (12,676) | 17,765 | (6,634) | 1,477 |
Net Income (Loss) | (222) | (68,034) | (56,586) | (21,812) |
Equinox Frontier Select Fund [Member] | Frontier Trading Company Xxxix Llc [Member] | ||||
Trading Commissions | (3,394) | |||
Realized Gain/(Loss) | ||||
Change in Unrealized Gain/(Loss) | (66,933) | 244,376 | ||
Net Income (Loss) | (66,933) | 240,982 | ||
Equinox Frontier Heritage Fund [Member] | ||||
Trading Commissions | (1,430) | (3,969) | (8,648) | (12,644) |
Realized Gain/(Loss) | (543,329) | (199,939) | (753,158) | 348,320 |
Change in Unrealized Gain/(Loss) | 385,764 | 309,255 | 799,094 | (107,984) |
Net Income (Loss) | (158,995) | 105,347 | 37,288 | 227,692 |
Equinox Frontier Heritage Fund [Member] | Frontier Trading Company I Llc [Member] | ||||
Trading Commissions | (449) | |||
Realized Gain/(Loss) | (555,650) | |||
Change in Unrealized Gain/(Loss) | 383,355 | |||
Net Income (Loss) | (172,744) | |||
Equinox Frontier Heritage Fund [Member] | Frontier Trading Company Ii Llc [Member] | ||||
Trading Commissions | (2,498) | (4,685) | (7,685) | |
Realized Gain/(Loss) | 12,952 | (550,798) | 393,849 | |
Change in Unrealized Gain/(Loss) | 263,699 | 812,373 | (67,233) | |
Net Income (Loss) | 274,153 | 256,890 | 318,931 | |
Equinox Frontier Heritage Fund [Member] | Frontier Trading Company Xxxviii Llc [Member] | ||||
Trading Commissions | (981) | (1,471) | (3,963) | (4,959) |
Realized Gain/(Loss) | 12,320 | (212,891) | (202,360) | (45,529) |
Change in Unrealized Gain/(Loss) | 2,409 | 45,556 | (13,279) | (40,751) |
Net Income (Loss) | 13,749 | (168,806) | (219,602) | (91,239) |
Equinox Frontier Long Short Commodity Fund [Member] | ||||
Trading Commissions | (423) | (53,175) | (37,198) | (206,411) |
Realized Gain/(Loss) | 10,570 | (163,908) | 300,548 | 1,418,786 |
Change in Unrealized Gain/(Loss) | (536,592) | (914,512) | (664,984) | (921,751) |
Net Income (Loss) | (526,445) | (1,131,595) | (401,634) | 290,624 |
Equinox Frontier Long Short Commodity Fund [Member] | Frontier Trading Company I Llc [Member] | ||||
Trading Commissions | 23 | (963) | (3,956) | (963) |
Realized Gain/(Loss) | (14) | 34,635 | 145,850 | 34,635 |
Change in Unrealized Gain/(Loss) | 47,108 | 32,717 | 47,108 | |
Net Income (Loss) | 9 | 80,780 | 174,611 | 80,780 |
Equinox Frontier Long Short Commodity Fund [Member] | Frontier Trading Company Vii Llc [Member] | ||||
Trading Commissions | (50,635) | (199,038) | ||
Realized Gain/(Loss) | 35,765 | 1,342,402 | ||
Change in Unrealized Gain/(Loss) | (1,017,519) | (891,605) | ||
Net Income (Loss) | (1,032,389) | 251,759 | ||
Equinox Frontier Long Short Commodity Fund [Member] | Frontier Trading Company Xxxviii Llc [Member] | ||||
Trading Commissions | (446) | (1,577) | (31,322) | (6,410) |
Realized Gain/(Loss) | 10,584 | (234,308) | (2,201) | 41,749 |
Change in Unrealized Gain/(Loss) | (103,657) | 55,899 | 209,141 | (77,254) |
Net Income (Loss) | (93,519) | (179,986) | 175,618 | (41,915) |
Equinox Frontier Long Short Commodity Fund [Member] | Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC [Member] | ||||
Change in Unrealized Gain/(Loss) | 277,877 | (109,616) | ||
Net Income (Loss) | 277,877 | (109,616) | ||
Equinox Frontier Long Short Commodity Fund [Member] | Galaxy Plus Fund - LRR Feeder Fund (522) LLC [Member] | ||||
Change in Unrealized Gain/(Loss) | (659,908) | |||
Net Income (Loss) | (659,908) | |||
Equinox Frontier Long Short Commodity Fund [Member] | Galaxy Plus Fund - LRR Feeder Fund (522) LLC [Member] | ||||
Trading Commissions | ||||
Realized Gain/(Loss) | ||||
Change in Unrealized Gain/(Loss) | (659,908) | |||
Net Income (Loss) | (659,908) | |||
Equinox Frontier Long Short Commodity Fund [Member] | Galaxy Plus Fund - Chesapeake Feeder Fund (518) | ||||
Change in Unrealized Gain/(Loss) | (50,904) | 199,477 | ||
Net Income (Loss) | (50,904) | 199,477 | ||
Equinox Frontier Long Short Commodity Fund [Member] | Frontier Trading Company XVIII, LLC [Member] | ||||
Trading Commissions | (1,920) | |||
Realized Gain/(Loss) | 156,899 | |||
Change in Unrealized Gain/(Loss) | (336,795) | |||
Net Income (Loss) | (181,816) | |||
Equinox Frontier Diversified Fund [Member] | ||||
Trading Commissions | (6,530) | (185,752) | (400,280) | (417,595) |
Realized Gain/(Loss) | (756,529) | (408,697) | 101,860 | 2,639,004 |
Change in Unrealized Gain/(Loss) | 1,516,011 | (885,905) | 3,337,905 | (1,640,907) |
Net Income (Loss) | 752,952 | (1,480,354) | 3,039,485 | 580,502 |
Equinox Frontier Diversified Fund [Member] | Frontier Trading Company I Llc [Member] | ||||
Trading Commissions | (1,262) | (78,515) | (260,168) | (78,515) |
Realized Gain/(Loss) | 25,559 | (220,511) | 1,846,298 | (220,511) |
Change in Unrealized Gain/(Loss) | (14,857) | (338,672) | (187,305) | (338,672) |
Net Income (Loss) | 9,440 | (637,698) | 1,398,825 | (637,698) |
Equinox Frontier Diversified Fund [Member] | Frontier Trading Company Ii Llc [Member] | ||||
Trading Commissions | (621) | (3,387) | (6,473) | (11,716) |
Realized Gain/(Loss) | (767,400) | 9,344 | (758,915) | 656,803 |
Change in Unrealized Gain/(Loss) | 761,614 | 402,656 | 1,364,990 | (145,372) |
Net Income (Loss) | (6,407) | 408,613 | 599,602 | 499,715 |
Equinox Frontier Diversified Fund [Member] | Frontier Trading Company Vii Llc [Member] | ||||
Trading Commissions | (75,686) | (80,881) | (244,009) | |
Realized Gain/(Loss) | 1,085,897 | (566,171) | 1,812,082 | |
Change in Unrealized Gain/(Loss) | (1,498,186) | 2,324,104 | (910,823) | |
Net Income (Loss) | (487,975) | 1,677,052 | 657,250 | |
Equinox Frontier Diversified Fund [Member] | Frontier Trading Company Xxxviii Llc [Member] | ||||
Trading Commissions | (1,657) | (7,408) | (16,983) | (24,898) |
Realized Gain/(Loss) | 63,123 | (1,049,003) | (969,669) | (96,032) |
Change in Unrealized Gain/(Loss) | (140,346) | 187,977 | (69,560) | (275,586) |
Net Income (Loss) | (78,880) | (868,434) | (1,056,212) | (396,516) |
Equinox Frontier Diversified Fund [Member] | Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC [Member] | ||||
Trading Commissions | ||||
Realized Gain/(Loss) | ||||
Change in Unrealized Gain/(Loss) | 741,948 | (448,480) | ||
Net Income (Loss) | 741,948 | (448,480) | ||
Equinox Frontier Diversified Fund [Member] | Galaxy Plus Fund - LRR Feeder Fund (522) LLC [Member] | ||||
Trading Commissions | ||||
Realized Gain/(Loss) | ||||
Change in Unrealized Gain/(Loss) | (38,994) | (67,771) | ||
Net Income (Loss) | (38,994) | (67,771) | ||
Equinox Frontier Diversified Fund [Member] | Frontier Trading Company Xxiii Llc [Member] | ||||
Trading Commissions | (2,990) | (20,756) | (35,775) | (58,457) |
Realized Gain/(Loss) | (77,811) | (234,424) | 550,317 | 486,662 |
Change in Unrealized Gain/(Loss) | 104,823 | 360,320 | 104,823 | 29,546 |
Net Income (Loss) | 24,022 | 105,140 | 619,365 | 457,751 |
Equinox Frontier Diversified Fund [Member] | Galaxy Plus Fund - Quantmetrics Feeder Fund (527) [Member] | ||||
Trading Commissions | ||||
Realized Gain/(Loss) | ||||
Change in Unrealized Gain/(Loss) | (592,892) | (381,506) | ||
Net Income (Loss) | (592,892) | (381,506) | ||
Equinox Frontier Diversified Fund [Member] | Galaxy Plus Fund - QIM Feeder Fund (526) [Member] | ||||
Trading Commissions | ||||
Realized Gain/(Loss) | ||||
Change in Unrealized Gain/(Loss) | 615,406 | 521,859 | ||
Net Income (Loss) | 615,406 | 521,859 | ||
Equinox Frontier Diversified Fund [Member] | Frontier Trading Company XVIII, LLC [Member] | ||||
Trading Commissions | ||||
Realized Gain/(Loss) | ||||
Change in Unrealized Gain/(Loss) | 97,442 | |||
Net Income (Loss) | 97,442 | |||
Equinox Frontier Diversified Fund [Member] | Galaxy Plus Fund - Doherty Feeder Fund (528) | ||||
Trading Commissions | ||||
Realized Gain/(Loss) | ||||
Change in Unrealized Gain/(Loss) | 48,062 | 48,062 | ||
Net Income (Loss) | 48,062 | 48,062 | ||
Equinox Frontier Diversified Fund [Member] | Galaxy Plus Fund - Fort Contrarian Feeder Fund 510 | ||||
Trading Commissions | ||||
Realized Gain/(Loss) | ||||
Change in Unrealized Gain/(Loss) | 31,247 | 31,247 | ||
Net Income (Loss) | 31,247 | 31,247 | ||
Equinox Frontier Masters Fund [Member] | ||||
Trading Commissions | (7,423) | (69,410) | (102,011) | (207,773) |
Realized Gain/(Loss) | (719,245) | 325,431 | (1,507,085) | 4,955,679 |
Change in Unrealized Gain/(Loss) | 892,657 | 474,399 | 3,412,259 | (3,835,616) |
Net Income (Loss) | 165,989 | 730,420 | 1,803,163 | 912,290 |
Equinox Frontier Masters Fund [Member] | Frontier Trading Company I Llc [Member] | ||||
Trading Commissions | (51) | (4,901) | (8,585) | (15,436) |
Realized Gain/(Loss) | (31) | (21,609) | (318,372) | 1,159,085 |
Change in Unrealized Gain/(Loss) | 449,957 | 171,763 | (608,890) | |
Net Income (Loss) | (82) | 423,447 | (155,194) | 534,759 |
Equinox Frontier Masters Fund [Member] | Frontier Trading Company Ii Llc [Member] | ||||
Trading Commissions | (363) | (2,298) | (3,824) | (7,240) |
Realized Gain/(Loss) | (448,676) | 11,918 | (439,230) | 343,769 |
Change in Unrealized Gain/(Loss) | 518,722 | 242,567 | 882,192 | (92,667) |
Net Income (Loss) | 69,683 | 252,187 | 439,138 | 243,862 |
Equinox Frontier Masters Fund [Member] | Frontier Trading Company Vii Llc [Member] | ||||
Trading Commissions | (131,329) | (48,485) | (131,329) | |
Realized Gain/(Loss) | 3,279,001 | (371,922) | 3,279,001 | |
Change in Unrealized Gain/(Loss) | (2,840,507) | 1,208,006 | (2,840,510) | |
Net Income (Loss) | 307,165 | 787,599 | 307,162 | |
Equinox Frontier Masters Fund [Member] | Frontier Trading Company XIV LLC [Member] | ||||
Trading Commissions | 28,979 | |||
Realized Gain/(Loss) | (148,053) | |||
Change in Unrealized Gain/(Loss) | 801,924 | |||
Net Income (Loss) | 682,850 | |||
Equinox Frontier Masters Fund [Member] | Frontier Trading Company Xv Llc [Member] | ||||
Trading Commissions | (5,584) | 43,323 | (34,835) | (43,193) |
Realized Gain/(Loss) | (291,976) | (2,343,896) | (4,742) | 292,090 |
Change in Unrealized Gain/(Loss) | 68,084 | 1,731,594 | 1,102,918 | (216,913) |
Net Income (Loss) | (229,476) | (568,979) | 1,063,341 | 31,984 |
Equinox Frontier Masters Fund [Member] | Frontier Trading Company Xxxviii Llc [Member] | ||||
Trading Commissions | (1,425) | (3,184) | (6,282) | (10,575) |
Realized Gain/(Loss) | 21,438 | (451,930) | (372,819) | (118,266) |
Change in Unrealized Gain/(Loss) | 10,735 | 88,864 | 6,333 | (76,636) |
Net Income (Loss) | 30,748 | $ (366,250) | (372,768) | $ (205,477) |
Equinox Frontier Masters Fund [Member] | Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC [Member] | ||||
Trading Commissions | ||||
Realized Gain/(Loss) | ||||
Change in Unrealized Gain/(Loss) | 387,932 | (322,513) | ||
Net Income (Loss) | 387,932 | (322,513) | ||
Equinox Frontier Masters Fund [Member] | Galaxy Plus Fund - Chesapeake Feeder Fund (518) | ||||
Trading Commissions | ||||
Realized Gain/(Loss) | ||||
Change in Unrealized Gain/(Loss) | (92,816) | 363,560 | ||
Net Income (Loss) | $ (92,816) | $ 363,560 |
Investments in Unconsolidated35
Investments in Unconsolidated Trading Companies (Details 3) - USD ($) | Sep. 30, 2016 | Dec. 31, 2015 | Sep. 30, 2015 | Dec. 31, 2014 |
Investment [Line Items] | ||||
Cash and cash equivalents | $ 18,754,589 | $ 13,975,625 | $ 15,232,614 | $ 18,977,844 |
Receivable from commission merchants | 127,735,241 | 72,731,570 | ||
Open trade equity/(deficit) | 2,467,777 | (4,348,872) | ||
Total Assets | 233,839,661 | 246,914,890 | ||
Frontier Trading Company Xxxviii Llc [Member] | ||||
Investment [Line Items] | ||||
Cash and cash equivalents | 16,133 | |||
Receivable from commission merchants | 8,644,929 | 2,670,015 | ||
Open trade equity/(deficit) | 16,714 | (74,625) | ||
Other receivables (payables) | (68,043) | |||
Interest receivable/(payable) | (134) | |||
Total Assets | 8,677,776 | 2,595,255 | ||
Members' equity | 8,609,733 | 2,974,694 | ||
Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC [Member] | ||||
Investment [Line Items] | ||||
Cash and cash equivalents | 7,639 | |||
Receivable from commission merchants | 13,811,237 | |||
Open trade equity/(deficit) | (232,214) | |||
Options purchased (written) | 8,000 | |||
Other receivables (payables) | (343,716) | |||
Total Assets | 13,826,876 | |||
Members' equity | 13,250,946 | |||
Galaxy Plus Fund - LRR Feeder Fund (522) LLC [Member] | ||||
Investment [Line Items] | ||||
Cash and cash equivalents | 18,489 | |||
Receivable from commission merchants | 6,347,028 | |||
Open trade equity/(deficit) | (235,250) | |||
Options purchased (written) | 2,520 | |||
Other receivables (payables) | 4,691 | |||
Total Assets | 6,370,208 | |||
Members' equity | $ 6,132,438 | |||
Frontier Trading Company I Llc [Member] | ||||
Investment [Line Items] | ||||
Receivable from commission merchants | 22,731,131 | |||
Open trade equity/(deficit) | (5,651,525) | |||
Interest receivable/(payable) | 1,089 | |||
Total Assets | 16,536,677 | |||
Members' equity | 23,146,746 | |||
Frontier Trading Company Vii Llc [Member] | ||||
Investment [Line Items] | ||||
Receivable from commission merchants | 14,330,819 | |||
Open trade equity/(deficit) | (1,593,860) | |||
Interest receivable/(payable) | 3 | |||
Total Assets | 12,736,962 | |||
Members' equity | $ 8,002,461 |
Investments in Unconsolidated36
Investments in Unconsolidated Trading Companies (Details 4) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2016 | Sep. 30, 2015 | Sep. 30, 2016 | Sep. 30, 2015 | |
Change in open trade equity/(deficit) | $ (6,910,531) | $ 5,395,224 | $ 7,764,172 | $ (8,100,112) |
Other fees | 40,034 | 71,046 | ||
Net Income (Loss) | 943,764 | 4,534,512 | ||
Frontier Trading Company Xxxviii Llc [Member] | ||||
Interest income | 646 | 944 | 502 | 973 |
Net realized gain/(loss) on investments, less commissions | (425,305) | (2,218,456) | 4,072,397 | (2,487,150) |
Change in open trade equity/(deficit) | (10,467) | (1,511,455) | 36,675 | 788,713 |
Other fees | (36,144) | (36,144) | ||
Net Income (Loss) | (471,270) | (3,728,968) | (36,144) | (1,697,464) |
Galaxy Plus Fund - EvE STP Feeder Fund (516) LLC [Member] | ||||
Net realized gain/(loss) on investments, less commissions | 3,262,513 | 2,393,246 | ||
Change in open trade equity/(deficit) | (444,644) | (272,717) | ||
Other fees | (440,426) | (520,414) | ||
Net Income (Loss) | 2,377,443 | 1,600,115 | ||
Galaxy Plus Fund - LRR Feeder Fund (522) LLC [Member] | ||||
Net realized gain/(loss) on investments, less commissions | (396,617) | (788,749) | ||
Change in open trade equity/(deficit) | (308,062) | (199,607) | ||
Other fees | (96,018) | (179,870) | ||
Net Income (Loss) | $ (800,697) | $ (179,870) | ||
Frontier Trading Company I Llc [Member] | ||||
Interest income | 85,698 | 96,038 | ||
Net realized gain/(loss) on investments, less commissions | (8,312,138) | (8,770,608) | ||
Change in open trade equity/(deficit) | 2,286,800 | (559,775) | ||
Net Income (Loss) | (5,939,640) | (9,234,345) | ||
Frontier Trading Company Vii Llc [Member] | ||||
Interest income | (2,034) | 627 | ||
Net realized gain/(loss) on investments, less commissions | (3,939,535) | (8,641,411) | ||
Change in open trade equity/(deficit) | 4,967,962 | 5,573,767 | ||
Net Income (Loss) | $ 1,026,393 | $ (3,067,017) |
Transactions with Affiliates (D
Transactions with Affiliates (Details) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2016 | Sep. 30, 2015 | Sep. 30, 2016 | Sep. 30, 2015 | |
Incentive Fee | $ 1,124,416 | $ 343,725 | $ 4,200,079 | $ 5,341,237 |
Management Fee | 1,181,056 | 1,244,029 | 3,506,046 | 3,813,217 |
Trading Fee | 1,106,628 | 835,725 | 2,928,452 | 2,643,574 |
Equinox Frontier Diversified Fund [Member] | ||||
Incentive Fee | 1,082 | 225,279 | 1,145,241 | 1,863,521 |
Management Fee | 172,538 | 247,879 | 612,830 | 737,187 |
Trading Fee | 363,176 | 338,055 | 1,076,238 | 1,059,953 |
Equinox Frontier Diversified Fund [Member] | Managing Owner [Member] | ||||
Incentive Fee | 1,082 | 225,279 | 1,145,241 | 1,863,521 |
Management Fee | 172,538 | 247,879 | 612,830 | 737,187 |
Service Fee | 54,344 | 97,034 | 192,417 | 327,202 |
Trading Fee | 363,176 | 338,055 | 1,078,238 | 1,059,953 |
Equinox Frontier Masters Fund [Member] | ||||
Incentive Fee | 242,029 | 576,374 | ||
Management Fee | 173,088 | 282,097 | 534,244 | |
Trading Fee | 114,515 | 141,248 | 374,686 | 442,582 |
Equinox Frontier Masters Fund [Member] | Managing Owner [Member] | ||||
Incentive Fee | 242,029 | 576,374 | ||
Management Fee | 173,088 | 282,097 | 534,244 | |
Service Fee | 33,907 | 52,129 | 117,919 | 178,120 |
Trading Fee | 114,515 | 141,248 | 374,686 | 442,582 |
Equinox Frontier Long Short Commodity Fund [Member] | ||||
Incentive Fee | 14,316 | 134,601 | 293,682 | |
Management Fee | 6,851 | 135,721 | 266,967 | 389,994 |
Trading Fee | 37,307 | 58,174 | 144,846 | 192,252 |
Equinox Frontier Long Short Commodity Fund [Member] | Managing Owner [Member] | ||||
Incentive Fee | 14,316 | 134,601 | 94,518 | |
Management Fee | 6,851 | 135,721 | 266,967 | 685,777 |
Service Fee | 14,402 | 25,703 | 53,791 | 99,917 |
Trading Fee | 37,307 | 58,174 | 144,846 | 211,770 |
Equinox Frontier Balanced Fund [Member] | ||||
Incentive Fee | 717,152 | 104,130 | 2,063,001 | 1,600,604 |
Management Fee | 273,609 | 254,315 | 693,891 | 781,287 |
Trading Fee | 371,721 | 179,140 | 729,679 | 568,628 |
Equinox Frontier Balanced Fund [Member] | Managing Owner [Member] | ||||
Incentive Fee | 717,152 | 104,130 | 2,063,001 | 1,827,118 |
Management Fee | 273,609 | 254,315 | 693,891 | 819,552 |
Service Fee | 493,659 | 510,140 | 1,434,054 | 1,521,144 |
Trading Fee | 371,721 | 179,140 | 729,679 | 519,831 |
Equinox Frontier Select Fund [Member] | ||||
Incentive Fee | 4,472 | 44,339 | 158,971 | |
Management Fee | 96,115 | 76,094 | 234,838 | 234,372 |
Trading Fee | 46,641 | 26,464 | 96,943 | 84,811 |
Equinox Frontier Select Fund [Member] | Managing Owner [Member] | ||||
Incentive Fee | 4,472 | 44,339 | 177,351 | |
Management Fee | 96,115 | 76,094 | 234,838 | 421,826 |
Service Fee | 85,059 | 95,067 | 264,208 | 297,904 |
Trading Fee | 46,641 | 26,464 | 96,943 | 82,892 |
Equinox Frontier Winton Fund [Member] | ||||
Incentive Fee | 99,067 | 715,409 | ||
Management Fee | 361,683 | 289,752 | 902,598 | 920,069 |
Trading Fee | 78,021 | 69,319 | 211,237 | 221,279 |
Equinox Frontier Winton Fund [Member] | Managing Owner [Member] | ||||
Incentive Fee | 99,067 | 622,124 | ||
Management Fee | 361,683 | 289,752 | 902,598 | 862,495 |
Service Fee | 180,394 | 184,196 | 530,072 | 534,989 |
Trading Fee | 78,021 | 69,319 | 211,237 | 192,618 |
Equinox Frontier Heritage Fund [Member] | ||||
Incentive Fee | 9,072 | 132,676 | ||
Management Fee | 23,697 | 67,180 | 147,416 | 216,064 |
Trading Fee | 20,665 | 23,325 | 61,341 | 74,079 |
Equinox Frontier Heritage Fund [Member] | Managing Owner [Member] | ||||
Incentive Fee | 9,072 | 131,123 | ||
Management Fee | 23,697 | 67,180 | 147,416 | 245,785 |
Service Fee | 61,333 | 69,701 | 192,759 | 202,143 |
Trading Fee | $ 20,665 | $ 23,325 | $ 61,341 | $ 65,398 |
Transactions with Affiliates 38
Transactions with Affiliates (Details 2) - USD ($) | Sep. 30, 2016 | Dec. 31, 2015 |
Incentive Fees | $ 1,124,950 | $ 382,136 |
Management Fees | 602,808 | 402,943 |
Trading Fees | 262,654 | 282,522 |
Equinox Frontier Diversified Fund [Member] | ||
Incentive Fees | 204,914 | |
Management Fees | 53,853 | 81,940 |
Trading Fees | 116,232 | 121,065 |
Equinox Frontier Diversified Fund [Member] | Managing Owner [Member] | ||
Incentive Fees | 204,914 | |
Management Fees | 53,853 | 81,940 |
Interest Fees | 2,195 | 11,661 |
Service Fees | 14,613 | 17,020 |
Trading Fees | 116,232 | 121,065 |
Equinox Frontier Masters Fund [Member] | ||
Incentive Fees | 93,431 | 42,251 |
Management Fees | 1,323 | 54,674 |
Trading Fees | 40,248 | 48,501 |
Equinox Frontier Masters Fund [Member] | Managing Owner [Member] | ||
Incentive Fees | 93,431 | 42,251 |
Management Fees | 1,323 | 54,674 |
Interest Fees | 1,900 | 4,957 |
Service Fees | 10,044 | 12,098 |
Trading Fees | 40,248 | 48,501 |
Equinox Frontier Long Short Commodity Fund [Member] | ||
Incentive Fees | 28,408 | |
Management Fees | 1,622 | 48,210 |
Trading Fees | 12,902 | 6,841 |
Equinox Frontier Long Short Commodity Fund [Member] | Managing Owner [Member] | ||
Incentive Fees | 28,408 | |
Management Fees | 1,622 | 48,210 |
Interest Fees | 1,368 | |
Service Fees | 4,817 | 6,841 |
Trading Fees | 12,902 | 17,129 |
Equinox Frontier Balanced Fund [Member] | ||
Incentive Fees | 718,767 | 106,563 |
Management Fees | 139,971 | 80,574 |
Trading Fees | 55,233 | 57,450 |
Equinox Frontier Balanced Fund [Member] | Managing Owner [Member] | ||
Incentive Fees | 718,767 | 106,563 |
Management Fees | 139,971 | 80,574 |
Interest Fees | 27,157 | 77,642 |
Service Fees | 153,326 | 145,576 |
Trading Fees | 55,233 | 57,450 |
Equinox Frontier Select Fund [Member] | ||
Incentive Fees | 4,473 | |
Management Fees | 63,415 | 22,884 |
Trading Fees | 8,420 | 8,515 |
Equinox Frontier Select Fund [Member] | Managing Owner [Member] | ||
Incentive Fees | 4,473 | |
Management Fees | 63,415 | 22,884 |
Interest Fees | 4,546 | 3,549 |
Service Fees | 29,863 | 29,092 |
Trading Fees | 8,420 | 8,515 |
Equinox Frontier Winton Fund [Member] | ||
Management Fees | 262,915 | 93,171 |
Trading Fees | 22,388 | 22,405 |
Equinox Frontier Winton Fund [Member] | Managing Owner [Member] | ||
Incentive Fees | ||
Management Fees | 262,915 | 93,171 |
Interest Fees | 35,996 | 49,624 |
Service Fees | 57,927 | 44,422 |
Trading Fees | 22,388 | 22,405 |
Equinox Frontier Heritage Fund [Member] | ||
Management Fees | 334 | 21,490 |
Trading Fees | 7,232 | 7,457 |
Equinox Frontier Heritage Fund [Member] | Managing Owner [Member] | ||
Incentive Fees | ||
Management Fees | 334 | 21,490 |
Interest Fees | 6,630 | 11,066 |
Service Fees | 21,474 | 18,807 |
Trading Fees | $ 7,232 | $ 7,457 |
Transactions with Affiliates 39
Transactions with Affiliates (Details 3) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2016 | Sep. 30, 2015 | Sep. 30, 2016 | Sep. 30, 2015 | |
Gross amount paid to the managing owner | $ 248,960 | $ 777,040 | $ 1,151,617 | $ 1,671,599 |
Equinox Frontier Diversified Fund [Member] | Class One [Member] | ||||
Gross amount paid to the managing owner | $ 995 | $ 47,478 | $ 8,801 | $ 34,336 |
Ratio to average net assets | 0.01% | 0.27% | 0.11% | 0.20% |
Equinox Frontier Diversified Fund [Member] | Class Two [Member] | ||||
Gross amount paid to the managing owner | $ 5,366 | $ 103,124 | $ 34,827 | $ 67,171 |
Ratio to average net assets | 0.01% | 0.30% | 0.09% | 0.20% |
Equinox Frontier Diversified Fund [Member] | Class Three [Member] | ||||
Gross amount paid to the managing owner | $ 1,996 | $ 26,905 | $ 11,204 | $ 15,095 |
Ratio to average net assets | 0.01% | 0.34% | 0.09% | 0.19% |
Equinox Frontier Masters Fund [Member] | Class One [Member] | ||||
Gross amount paid to the managing owner | $ 1,908 | $ 30,886 | $ 7,876 | $ 21,959 |
Ratio to average net assets | 0.03% | 0.29% | 0.11% | 0.20% |
Equinox Frontier Masters Fund [Member] | Class Two [Member] | ||||
Gross amount paid to the managing owner | $ 1,982 | $ 27,704 | $ 7,736 | $ 17,885 |
Ratio to average net assets | 0.03% | 0.31% | 0.11% | 0.20% |
Equinox Frontier Masters Fund [Member] | Class Three [Member] | ||||
Gross amount paid to the managing owner | $ 2,264 | $ 20,012 | $ 7,257 | $ 10,832 |
Ratio to average net assets | 0.03% | 0.38% | 0.10% | 0.20% |
Equinox Frontier Long Short Commodity Fund [Member] | Class Two [Member] | ||||
Gross amount paid to the managing owner | $ (232) | $ 2,708 | $ 297 | $ 2,237 |
Ratio to average net assets | (0.03%) | 0.22% | 0.03% | 0.18% |
Equinox Frontier Long Short Commodity Fund [Member] | Class Three [Member] | ||||
Gross amount paid to the managing owner | $ (1,019) | $ 16,758 | $ 1,956 | $ 13,363 |
Ratio to average net assets | (0.02%) | 0.22% | 0.04% | 0.18% |
Equinox Frontier Long Short Commodity Fund [Member] | Class One A [Member] | ||||
Gross amount paid to the managing owner | $ (677) | $ 12,113 | $ 1,392 | $ 10,050 |
Ratio to average net assets | (0.02%) | 0.22% | 0.04% | 0.18% |
Equinox Frontier Long Short Commodity Fund [Member] | Class Two A [Member] | ||||
Gross amount paid to the managing owner | $ (277) | $ 3,611 | $ 402 | $ 2,985 |
Ratio to average net assets | (0.03%) | 0.23% | 0.03% | 0.19% |
Equinox Frontier Long Short Commodity Fund [Member] | Class Three A [Member] | ||||
Gross amount paid to the managing owner | $ (126) | $ 2,093 | $ 298 | $ 1,368 |
Ratio to average net assets | (0.01%) | 0.27% | 0.03% | 0.18% |
Equinox Frontier Balanced Fund [Member] | Class One [Member] | ||||
Gross amount paid to the managing owner | $ 65,497 | $ 193,959 | $ 403,740 | $ 564,041 |
Ratio to average net assets | 0.11% | 0.27% | 0.65% | 0.78% |
Equinox Frontier Balanced Fund [Member] | Class Two [Member] | ||||
Gross amount paid to the managing owner | $ 24,266 | $ 67,482 | $ 147,443 | $ 213,004 |
Ratio to average net assets | 0.11% | 0.27% | 0.65% | 0.86% |
Equinox Frontier Balanced Fund [Member] | Class Two A [Member] | ||||
Gross amount paid to the managing owner | $ 126 | $ 1,599 | $ 737 | $ 1,000 |
Ratio to average net assets | 0.02% | 0.28% | 0.13% | 0.17% |
Equinox Frontier Balanced Fund [Member] | Class Three A [Member] | ||||
Gross amount paid to the managing owner | $ 547 | $ 7,310 | $ 3,248 | $ 4,580 |
Ratio to average net assets | 0.02% | 0.27% | 0.13% | 0.17% |
Equinox Frontier Balanced Fund [Member] | Class One AP [Member] | ||||
Gross amount paid to the managing owner | $ 744 | $ 2,092 | $ 4,600 | $ 6,719 |
Ratio to average net assets | 0.11% | 0.01% | 0.65% | 0.03% |
Equinox Frontier Select Fund [Member] | Class One [Member] | ||||
Gross amount paid to the managing owner | $ 13,572 | $ 13,463 | $ 26,634 | $ 54,786 |
Ratio to average net assets | 0.12% | 0.10% | 0.22% | 0.40% |
Equinox Frontier Select Fund [Member] | Class Two [Member] | ||||
Gross amount paid to the managing owner | $ 1,691 | $ 1,476 | $ 3,225 | $ 6,178 |
Ratio to average net assets | 0.12% | 0.10% | 0.22% | 0.41% |
Equinox Frontier Select Fund [Member] | Class One AP [Member] | ||||
Gross amount paid to the managing owner | $ 49 | $ 51 | $ 103 | $ 200 |
Ratio to average net assets | 0.12% | 0.00% | 0.22% | 0.00% |
Equinox Frontier Winton Fund [Member] | Class One [Member] | ||||
Gross amount paid to the managing owner | $ 70,519 | $ 106,747 | $ 259,609 | $ 348,467 |
Ratio to average net assets | 0.31% | 0.41% | 1.12% | 1.33% |
Equinox Frontier Winton Fund [Member] | Class Two [Member] | ||||
Gross amount paid to the managing owner | $ 38,069 | $ 53,775 | $ 136,727 | $ 157,203 |
Ratio to average net assets | 0.31% | 0.41% | 1.11% | 1.19% |
Equinox Frontier Winton Fund [Member] | Class One AP [Member] | ||||
Gross amount paid to the managing owner | $ 118 | $ 163 | $ 423 | $ 516 |
Ratio to average net assets | 0.31% | 0.00% | 1.11% | 0.02% |
Equinox Frontier Heritage Fund [Member] | Class One [Member] | ||||
Gross amount paid to the managing owner | $ 16,017 | $ 26,544 | $ 61,772 | $ 88,009 |
Ratio to average net assets | 0.19% | 0.27% | 0.71% | 0.89% |
Equinox Frontier Heritage Fund [Member] | Class Two [Member] | ||||
Gross amount paid to the managing owner | $ 5,519 | $ 8,814 | $ 20,980 | $ 29,061 |
Ratio to average net assets | 0.19% | 0.27% | 0.71% | 0.89% |
Equinox Frontier Heritage Fund [Member] | Class One AP [Member] | ||||
Gross amount paid to the managing owner | $ 46 | $ 173 | $ 329 | $ 554 |
Ratio to average net assets | 0.20% | 0.01% | 0.76% | 0.02% |
Financial Highlights (Details)
Financial Highlights (Details) - $ / shares | 3 Months Ended | 9 Months Ended | |||
Sep. 30, 2016 | Sep. 30, 2015 | Sep. 30, 2016 | Sep. 30, 2015 | ||
Net investment gain/(loss) | (5.97%) | (4.69%) | (6.73%) | (6.54%) | |
Expenses before incentive fees | 5.58% | 4.93% | 5.24% | 4.94% | |
Expenses after incentive fees | 6.07% | 5.07% | 7.01% | 6.95% | |
Total return before incentive fee | (0.95%) | 0.66% | 3.96% | 1.27% | |
Total return after incentive fee | (1.43%) | 0.53% | 2.19% | (0.08%) | |
Equinox Frontier Diversified Fund [Member] | Class One [Member] | |||||
Net asset value per unit, Beginning balance | [1] | $ 118.06 | $ 115.55 | $ 115.52 | $ 113.09 |
Interest incomes | [1] | 0.07 | 0.30 | 0.64 | 0.96 |
Expenses | [1] | (2.08) | (2.46) | (8.53) | (9.83) |
Net gain/(loss) on investments, net of non-controlling interests | [1] | (0.25) | 3.61 | 8.16 | 12.78 |
Net income/(loss) | [1] | (2.27) | 1.45 | 0.27 | 3.91 |
Net asset value per unit, Ending balance | [1] | $ 115.79 | $ 117 | $ 115.79 | $ 117 |
Net investment gain/(loss) | [2] | (6.85%) | (6.06%) | (8.24%) | (8.63%) |
Expenses before incentive fees | [2],[3] | 7.07% | 6.66% | 6.98% | 6.54% |
Expenses after incentive fees | [2],[3] | 7.07% | 7.05% | 8.95% | 9.86% |
Total return before incentive fee | [2],[4] | (1.92%) | 1.65% | 2.21% | 6.59% |
Total return after incentive fee | [2],[4] | (1.92%) | 1.25% | 0.23% | 3.46% |
Equinox Frontier Diversified Fund [Member] | Class Two [Member] | |||||
Net asset value per unit, Beginning balance | [1] | $ 133.61 | $ 128.49 | $ 129.60 | $ 124.67 |
Interest incomes | [1] | 0.07 | 0.33 | 0.72 | 1.06 |
Expenses | [1] | (1.28) | (1.89) | (6.55) | (8.35) |
Net gain/(loss) on investments, net of non-controlling interests | [1] | (0.78) | 3.75 | 7.86 | 13.30 |
Net income/(loss) | [1] | (1.98) | 2.19 | 2.03 | 6.01 |
Net asset value per unit, Ending balance | [1] | $ 131.63 | $ 130.68 | $ 131.63 | $ 130.68 |
Net investment gain/(loss) | [2] | (3.60%) | (3.51%) | (5.16%) | (6.13%) |
Expenses before incentive fees | [2],[3] | 3.82% | 4.11% | 3.91% | 4.04% |
Expenses after incentive fees | [2],[3] | 3.82% | 4.51% | 5.88% | 7.18% |
Total return before incentive fee | [2],[4] | (1.48%) | 2.10% | 3.54% | 7.95% |
Total return after incentive fee | [2],[4] | (1.48%) | 1.70% | 1.57% | 4.82% |
Equinox Frontier Diversified Fund [Member] | Class Three [Member] | |||||
Net asset value per unit, Beginning balance | [1] | $ 123.73 | $ 118.70 | $ 119.87 | $ 115.03 |
Interest incomes | [1] | 0.07 | 0.31 | 0.67 | 0.98 |
Expenses | [1] | (1.18) | (1.75) | (6.05) | (7.70) |
Net gain/(loss) on investments, net of non-controlling interests | [1] | (0.64) | 3.53 | 7.50 | 12.48 |
Net income/(loss) | [1] | (1.75) | 2.09 | 2.11 | 5.76 |
Net asset value per unit, Ending balance | [1] | $ 121.98 | $ 120.79 | $ 121.98 | $ 120.79 |
Net investment gain/(loss) | [2] | (3.60%) | (3.51%) | (5.16%) | (6.13%) |
Expenses before incentive fees | [2],[3] | 3.82% | 4.11% | 3.91% | 4.04% |
Expenses after incentive fees | [2],[3] | 3.82% | 4.51% | 5.88% | 7.18% |
Total return before incentive fee | [2],[4] | (1.41%) | 2.16% | 3.73% | 8.14% |
Total return after incentive fee | [2],[4] | (1.41%) | 1.76% | 1.76% | 5.01% |
Equinox Frontier Masters Fund [Member] | Class One [Member] | |||||
Net asset value per unit, Beginning balance | [1] | $ 119.85 | $ 110.01 | $ 112.87 | $ 116.61 |
Interest incomes | [1] | 0.14 | 0.30 | 0.65 | 0.97 |
Expenses | [1] | (1.35) | (2.16) | (7) | (9.43) |
Net gain/(loss) on investments, net of non-controlling interests | [1] | 0.40 | 5.16 | 12.52 | 5.16 |
Net income/(loss) | [1] | (0.81) | 3.30 | 6.17 | (3.30) |
Net asset value per unit, Ending balance | [1] | $ 119.04 | $ 113.31 | $ 119.04 | $ 113.31 |
Net investment gain/(loss) | [2] | (4.01%) | (6.45%) | (6.79%) | (8.69%) |
Expenses before incentive fees | [2],[3] | 4.48% | 7.50% | 6.39% | 7.46% |
Expenses after incentive fees | [2],[3] | 4.48% | 7.50% | 7.53% | 9.78% |
Total return before incentive fee | [2],[4] | (0.68%) | 3.00% | 6.61% | (0.51%) |
Total return after incentive fee | [2],[4] | (0.68%) | 3.00% | 5.47% | (2.83%) |
Equinox Frontier Masters Fund [Member] | Class Two [Member] | |||||
Net asset value per unit, Beginning balance | [1] | $ 135.61 | $ 122.32 | $ 126.60 | $ 128.53 |
Interest incomes | [1] | 0.16 | 0.34 | 0.74 | 1.08 |
Expenses | [1] | (0.78) | (1.69) | (5.69) | (8.24) |
Net gain/(loss) on investments, net of non-controlling interests | [1] | 0.31 | 5.57 | 13.65 | 5.17 |
Net income/(loss) | [1] | (0.31) | 4.22 | 8.70 | (1.99) |
Net asset value per unit, Ending balance | [1] | $ 135.30 | $ 126.54 | $ 135.30 | $ 126.54 |
Net investment gain/(loss) | [2] | (1.82%) | (4.22%) | (4.57%) | (6.48%) |
Expenses before incentive fees | [2],[3] | 2.29% | 5.28% | 4.16% | 5.25% |
Expenses after incentive fees | [2],[3] | 2.29% | 5.28% | 5.31% | 7.56% |
Total return before incentive fee | [2],[4] | (0.23%) | 3.45% | 8.02% | 0.77% |
Total return after incentive fee | [2],[4] | (0.23%) | 3.45% | 6.87% | (1.55%) |
Equinox Frontier Masters Fund [Member] | Class Three [Member] | |||||
Net asset value per unit, Beginning balance | [1] | $ 126.09 | $ 113.45 | $ 117.57 | $ 119.06 |
Interest incomes | [1] | 0.15 | 0.31 | 0.69 | 0.99 |
Expenses | [1] | (0.73) | (1.57) | (5.29) | (7.60) |
Net gain/(loss) on investments, net of non-controlling interests | [1] | 0.38 | 5.25 | 12.92 | 4.99 |
Net income/(loss) | [1] | (0.20) | 3.99 | 8.32 | (1.62) |
Net asset value per unit, Ending balance | [1] | $ 125.89 | $ 117.44 | $ 125.89 | $ 117.44 |
Net investment gain/(loss) | [2] | (1.82%) | (4.22%) | (4.57%) | (6.48%) |
Expenses before incentive fees | [2],[3] | 2.29% | 5.28% | 4.16% | 5.25% |
Expenses after incentive fees | [2],[3] | 2.29% | 5.28% | 5.31% | 7.56% |
Total return before incentive fee | [2],[4] | (0.16%) | 3.52% | 8.22% | 0.96% |
Total return after incentive fee | [2],[4] | (0.16%) | 3.52% | 7.08% | (1.36%) |
Equinox Frontier Long Short Commodity Fund [Member] | Class Two [Member] | |||||
Net asset value per unit, Beginning balance | [1] | $ 130.55 | $ 148.16 | $ 132.10 | $ 101.12 |
Interest incomes | [1] | 0 | 0.28 | 0.42 | 0.78 |
Expenses | [1] | (0.63) | (1.97) | (6.32) | (7.42) |
Net gain/(loss) on investments, net of non-controlling interests | [1] | (4.36) | (9.94) | (0.63) | 3.82 |
Net income/(loss) | [1] | (4.99) | (11.63) | (6.54) | (2.82) |
Net asset value per unit, Ending balance | [1] | $ 125.56 | $ 98.30 | $ 125.56 | $ 98.30 |
Net investment gain/(loss) | [2] | (1.99%) | (4.40%) | (5.58%) | (7.52%) |
Expenses before incentive fees | [2],[3] | 1.99% | 5.08% | 4.86% | 6.73% |
Expenses after incentive fees | [2],[3] | 1.99% | 5.18% | 6.01% | 8.48% |
Total return before incentive fee | [2],[4] | (3.82%) | (7.76%) | (3.80%) | (1.04%) |
Total return after incentive fee | [2],[4] | (3.82%) | (7.85%) | (4.95%) | (2.79%) |
Equinox Frontier Long Short Commodity Fund [Member] | Class Three [Member] | |||||
Net asset value per unit, Beginning balance | [1] | $ 130.45 | $ 148.20 | $ 132.14 | $ 138.30 |
Interest incomes | [1] | 0 | 0.28 | 0.42 | 1.08 |
Expenses | [1] | (0.63) | (1.97) | (6.32) | (7.88) |
Net gain/(loss) on investments, net of non-controlling interests | [1] | (3.05) | (9.94) | 0.53 | 5.03 |
Net income/(loss) | [1] | (3.68) | (11.63) | (5.37) | (1.77) |
Net asset value per unit, Ending balance | [1] | $ 126.77 | $ 136.53 | $ 126.77 | $ 136.53 |
Net investment gain/(loss) | [2] | (1.99%) | (4.40%) | (5.58%) | (5.44%) |
Expenses before incentive fees | [2],[3] | 1.99% | 5.08% | 4.86% | 4.64% |
Expenses after incentive fees | [2],[3] | 1.99% | 5.18% | 6.01% | 6.40% |
Total return before incentive fee | [2],[4] | (2.82%) | (7.75%) | (2.91%) | 0.47% |
Total return after incentive fee | [2],[4] | (2.82%) | (7.85%) | (4.06%) | (1.28%) |
Equinox Frontier Long Short Commodity Fund [Member] | Class One A [Member] | |||||
Net asset value per unit, Beginning balance | [1] | $ 92.95 | $ 107.17 | $ 94.76 | $ 111.35 |
Interest incomes | [1] | 0 | 0.20 | 0.30 | 0.87 |
Expenses | [1] | (0.91) | (1.96) | (5.97) | (6.34) |
Net gain/(loss) on investments, net of non-controlling interests | [1] | (2.30) | (7.11) | 0.65 | 3.79 |
Net income/(loss) | [1] | (3.21) | (8.87) | (5.02) | (1.68) |
Net asset value per unit, Ending balance | [1] | $ 89.74 | $ 109.67 | $ 89.74 | $ 109.67 |
Net investment gain/(loss) | [2] | (4.02%) | (6.47%) | (7.65%) | (5.44%) |
Expenses before incentive fees | [2],[3] | 4.02% | 7.16% | 6.92% | 4.64% |
Expenses after incentive fees | [2],[3] | 4.02% | 7.25% | 8.07% | 6.40% |
Total return before incentive fee | [2],[4] | (3.45%) | (8.18%) | (4.15%) | 0.24% |
Total return after incentive fee | [2],[4] | (3.45%) | (8.28%) | (5.30%) | (1.51%) |
Equinox Frontier Long Short Commodity Fund [Member] | Class Two A [Member] | |||||
Net asset value per unit, Beginning balance | [1] | $ 105.26 | $ 119.03 | $ 106.19 | $ 138.34 |
Interest incomes | [1] | 0 | 0.23 | 0.34 | 1.08 |
Expenses | [1] | (0.51) | (1.58) | (5.09) | (7.88) |
Net gain/(loss) on investments, net of non-controlling interests | [1] | (2.98) | (8.01) | 0.33 | 5.03 |
Net income/(loss) | [1] | (3.49) | (9.36) | (4.42) | (1.77) |
Net asset value per unit, Ending balance | [1] | $ 101.77 | $ 136.57 | $ 101.77 | $ 136.57 |
Net investment gain/(loss) | [2] | (1.99%) | (4.40%) | (5.88%) | (5.44%) |
Expenses before incentive fees | [2],[3] | 1.99% | 5.08% | 4.86% | 4.64% |
Expenses after incentive fees | [2],[3] | 1.99% | 5.18% | 6.01% | 6.40% |
Total return before incentive fee | [2],[4] | (3.32%) | (7.77%) | (3.01%) | 0.47% |
Total return after incentive fee | [2],[4] | (3.32%) | (7.86%) | (4.16%) | (1.28%) |
Equinox Frontier Long Short Commodity Fund [Member] | Class Three A [Member] | |||||
Net asset value per unit, Beginning balance | [1] | $ 105.62 | $ 119.64 | $ 106.86 | $ 111.77 |
Interest incomes | [1] | 0 | 0.23 | 0.34 | 0.87 |
Expenses | [1] | (0.52) | (1.59) | (5.11) | (6.32) |
Net gain/(loss) on investments, net of non-controlling interests | [1] | (1.63) | (7.98) | 1.38 | 3.98 |
Net income/(loss) | [1] | (2.15) | (9.34) | (3.39) | (1.47) |
Net asset value per unit, Ending balance | [1] | $ 103.47 | $ 110.30 | $ 103.47 | $ 110.30 |
Net investment gain/(loss) | [2] | (1.99%) | (4.38%) | (5.88%) | (5.41%) |
Expenses before incentive fees | [2],[3] | 1.99% | 5.06% | 4.74% | 4.53% |
Expenses after incentive fees | [2],[3] | 1.99% | 5.16% | 5.98% | 6.37% |
Total return before incentive fee | [2],[4] | (2.04%) | (7.71%) | (1.93%) | 0.52% |
Total return after incentive fee | [2],[4] | (2.04%) | (7.81%) | (3.17%) | (1.32%) |
Equinox Frontier Balanced Fund [Member] | Class One [Member] | |||||
Net asset value per unit, Beginning balance | [1] | $ 130.50 | $ 131.82 | $ 128.03 | $ 131.54 |
Interest incomes | [1] | 0 | 0.01 | 0.02 | 0.03 |
Expenses | [1] | (3.19) | (1.75) | (8.27) | (7.16) |
Net gain/(loss) on investments, net of non-controlling interests | [1] | 3.21 | (0.18) | 10.73 | 5.49 |
Net income/(loss) | [1] | 0.02 | (1.92) | 2.49 | (1.64) |
Net asset value per unit, Ending balance | [1] | $ 130.52 | $ 129.90 | $ 130.52 | $ 129.90 |
Net investment gain/(loss) | [2] | (7.17%) | (4.90%) | (7.57%) | (6.34%) |
Expenses before incentive fees | [2],[3] | 6.35% | 4.82% | 5.26% | 4.79% |
Expenses after incentive fees | [2],[3] | 7.19% | 4.93% | 7.59% | 6.37% |
Total return before incentive fee | [2],[4] | 0.85% | (1.35%) | 4.28% | 0.34% |
Total return after incentive fee | [2],[4] | 0.02% | (1.46%) | 1.94% | (1.25%) |
Equinox Frontier Balanced Fund [Member] | Class Two [Member] | |||||
Net asset value per unit, Beginning balance | [1] | $ 185.92 | $ 182.24 | $ 179.69 | $ 179.16 |
Interest incomes | [1] | 0.01 | 0.01 | 0.03 | 0.04 |
Expenses | [1] | (3) | (1.04) | (7.40) | (5.57) |
Net gain/(loss) on investments, net of non-controlling interests | [1] | 4.46 | (0.26) | 15.05 | 7.32 |
Net income/(loss) | [1] | 1.46 | (1.29) | 7.69 | 1.79 |
Net asset value per unit, Ending balance | [1] | $ 187.38 | $ 180.95 | $ 187.38 | $ 180.95 |
Net investment gain/(loss) | [2] | (3.86%) | (1.90%) | (4.47%) | (3.34%) |
Expenses before incentive fees | [2],[3] | 3.04% | 1.82% | 2.16% | 1.78% |
Expenses after incentive fees | [2],[3] | 3.87% | 1.93% | 4.50% | 3.37% |
Total return before incentive fee | [2],[4] | 1.62% | (0.60%) | 6.61% | 3.28% |
Total return after incentive fee | [2],[4] | 0.79% | (0.71%) | 4.28% | 1.00% |
Equinox Frontier Balanced Fund [Member] | Class Two A [Member] | |||||
Net asset value per unit, Beginning balance | [1] | $ 160.94 | $ 156.36 | $ 154.88 | $ 153.02 |
Interest incomes | [1] | 0.01 | 0.01 | 0.03 | 0.04 |
Expenses | [1] | (2.60) | (0.89) | (6.40) | (4.77) |
Net gain/(loss) on investments, net of non-controlling interests | [1] | 4.01 | 9.90 | 13.84 | 7.33 |
Net income/(loss) | [1] | 1.41 | (0.74) | 7.47 | 2.60 |
Net asset value per unit, Ending balance | [1] | $ 162.35 | $ 155.62 | $ 162.35 | $ 155.62 |
Net investment gain/(loss) | [2] | (3.86%) | (1.90%) | (4.47%) | (3.34%) |
Expenses before incentive fees | [2],[3] | 3.04% | 1.82% | 2.16% | 1.78% |
Expenses after incentive fees | [2],[3] | 3.87% | 1.93% | 4.50% | 3.37% |
Total return before incentive fee | [2],[4] | 1.71% | (0.36%) | 7.16% | 3.28% |
Total return after incentive fee | [2],[4] | 0.88% | (0.47%) | 4.82% | 1.70% |
Equinox Frontier Balanced Fund [Member] | Class Three A [Member] | |||||
Net asset value per unit, Beginning balance | [1] | $ 160.41 | $ 155.85 | $ 154.37 | $ 152.52 |
Interest incomes | [1] | 0.01 | 0.01 | 0.03 | 0.04 |
Expenses | [1] | (2.59) | (0.89) | (6.37) | (4.76) |
Net gain/(loss) on investments, net of non-controlling interests | [1] | 3.99 | 0.14 | 13.79 | 7.32 |
Net income/(loss) | [1] | 1.40 | (0.74) | 7.44 | 2.59 |
Net asset value per unit, Ending balance | [1] | $ 161.81 | $ 155.11 | $ 161.81 | $ 155.11 |
Net investment gain/(loss) | [2] | (3.86%) | (1.90%) | (4.47%) | (3.34%) |
Expenses before incentive fees | [2],[3] | 3.04% | 1.82% | 2.16% | 1.78% |
Expenses after incentive fees | [2],[3] | 3.87% | 1.93% | 4.50% | 3.37% |
Total return before incentive fee | [2],[4] | 1.71% | (0.36%) | 7.15% | 3.28% |
Total return after incentive fee | [2],[4] | 0.87% | (0.47%) | 4.82% | 1.70% |
Equinox Frontier Balanced Fund [Member] | Class One AP [Member] | |||||
Net asset value per unit, Beginning balance | [1] | $ 138.23 | $ 135.49 | $ 133.59 | $ 133.20 |
Interest incomes | [1] | 0 | 0.01 | 0.03 | 0.03 |
Expenses | [1] | (2.23) | (0.77) | (5.50) | (4.14) |
Net gain/(loss) on investments, net of non-controlling interests | [1] | 3.31 | (0.20) | 11.20 | 5.44 |
Net income/(loss) | [1] | 1.08 | (0.96) | 5.72 | 1.33 |
Net asset value per unit, Ending balance | [1] | $ 139.31 | $ 134.53 | $ 139.31 | $ 134.53 |
Net investment gain/(loss) | [2] | (3.86%) | (1.90%) | (4.47%) | (3.34%) |
Expenses before incentive fees | [2],[3] | 3.04% | 1.82% | 2.16% | 1.78% |
Expenses after incentive fees | [2],[3] | 3.87% | 1.93% | 4.50% | 3.37% |
Total return before incentive fee | [2],[4] | 1.62% | (0.60%) | 6.62% | 2.58% |
Total return after incentive fee | [2],[4] | 0.78% | (0.71%) | 4.28% | 1.00% |
Equinox Frontier Select Fund [Member] | Class One [Member] | |||||
Net asset value per unit, Beginning balance | [1] | $ 98.12 | $ 87.31 | $ 90.35 | $ 95.61 |
Interest incomes | [1] | 0 | 0 | 0 | 0 |
Expenses | [1] | (1.80) | (4.45) | (4.84) | (16.20) |
Net gain/(loss) on investments, net of non-controlling interests | [1] | (0.06) | 10.30 | 10.75 | 13.75 |
Net income/(loss) | [1] | (1.86) | 5.85 | 5.91 | (2.45) |
Net asset value per unit, Ending balance | [1] | $ 96.26 | $ 93.16 | $ 96.26 | $ 93.16 |
Net investment gain/(loss) | [2] | (7.24%) | (6.24%) | (6.60%) | (20.64%) |
Expenses before incentive fees | [2],[3] | 7.21% | 6.24% | 6.27% | 15.90% |
Expenses after incentive fees | [2],[3] | 7.24% | 6.24% | 6.60% | 20.64% |
Total return before incentive fee | [2],[4] | (1.86%) | 6.70% | 6.87% | 2.17% |
Total return after incentive fee | [2],[4] | (1.90%) | 6.70% | 6.54% | (2.56%) |
Equinox Frontier Select Fund [Member] | Class Two [Member] | |||||
Net asset value per unit, Beginning balance | [1] | $ 137.92 | $ 119.09 | $ 125.11 | $ 128.48 |
Interest incomes | [1] | 0 | 0 | 0 | 0 |
Expenses | [1] | (1.53) | (0.96) | (3.79) | (16.28) |
Net gain/(loss) on investments, net of non-controlling interests | [1] | (0.04) | 9.90 | 15.03 | 15.83 |
Net income/(loss) | [1] | (1.57) | 8.94 | 11.24 | (0.45) |
Net asset value per unit, Ending balance | [1] | $ 136.35 | $ 128.03 | $ 136.35 | $ 128.03 |
Net investment gain/(loss) | [2] | (4.34%) | (3.02%) | (3.64%) | (14.84%) |
Expenses before incentive fees | [2],[3] | 4.31% | 3.02% | 3.31% | 10.10% |
Expenses after incentive fees | [2],[3] | 4.34% | 3.02% | 3.64% | 14.84% |
Total return before incentive fee | [2],[4] | (1.10%) | 7.51% | 9.31% | 4.38% |
Total return after incentive fee | [2],[4] | (1.14%) | 7.51% | 8.98% | (0.35%) |
Equinox Frontier Select Fund [Member] | Class One AP [Member] | |||||
Net asset value per unit, Beginning balance | [1] | $ 103.93 | $ 89.74 | $ 94.28 | $ 96.82 |
Interest incomes | [1] | 0 | 0 | 0 | 0 |
Expenses | [1] | (1.16) | (0.72) | (2.85) | (12.25) |
Net gain/(loss) on investments, net of non-controlling interests | [1] | (0.02) | 7.46 | 11.32 | 11.91 |
Net income/(loss) | [1] | (1.18) | 6.74 | 8.47 | (0.34) |
Net asset value per unit, Ending balance | [1] | $ 102.75 | $ 96.48 | $ 102.75 | $ 96.48 |
Net investment gain/(loss) | [2] | (4.34%) | (3.02%) | (3.64%) | (14.84%) |
Expenses before incentive fees | [2],[3] | 4.31% | 3.02% | 3.31% | 10.10% |
Expenses after incentive fees | [2],[3] | 4.34% | 3.02% | 3.64% | 14.84% |
Total return before incentive fee | [2],[4] | (1.10%) | 7.51% | 9.31% | 4.38% |
Total return after incentive fee | [2],[4] | (1.14%) | 7.51% | 8.98% | (0.35%) |
Equinox Frontier Winton Fund [Member] | Class One [Member] | |||||
Net asset value per unit, Beginning balance | [1] | $ 171.53 | $ 165.85 | $ 164.17 | $ 175.95 |
Interest incomes | [1] | 0 | 0 | 0 | 0 |
Expenses | [1] | (3.43) | (2.92) | (9.59) | (9.48) |
Net gain/(loss) on investments, net of non-controlling interests | [1] | (4.88) | 6.42 | 8.64 | 2.88 |
Net income/(loss) | [1] | (8.31) | 3.50 | (0.95) | (6.60) |
Net asset value per unit, Ending balance | [1] | $ 163.22 | $ 169.35 | $ 163.22 | $ 169.35 |
Net investment gain/(loss) | [2] | (8.16%) | (6.89%) | (7.51%) | (6.53%) |
Expenses before incentive fees | [2],[3] | 8.16% | 6.89% | (7.23%) | 4.71% |
Expenses after incentive fees | [2],[3] | 8.16% | 6.89% | 7.51% | 6.53% |
Total return before incentive fee | [2],[4] | (4.84%) | 2.11% | (0.30%) | (1.94%) |
Total return after incentive fee | [2],[4] | (4.84%) | 2.11% | (0.58%) | (3.75%) |
Equinox Frontier Winton Fund [Member] | Class Two [Member] | |||||
Net asset value per unit, Beginning balance | [1] | $ 230.67 | $ 216.43 | $ 217.51 | $ 226.23 |
Interest incomes | [1] | 0 | 0 | 0 | 0 |
Expenses | [1] | (2.84) | (2.16) | (7.70) | (8.77) |
Net gain/(loss) on investments, net of non-controlling interests | [1] | (6.63) | 8.41 | 11.39 | 5.22 |
Net income/(loss) | [1] | (9.47) | 6.25 | 3.69 | (3.55) |
Net asset value per unit, Ending balance | [1] | $ 221.20 | $ 222.68 | $ 221.20 | $ 222.68 |
Net investment gain/(loss) | [2] | (5.00%) | 3.89% | (4.46%) | (4.47%) |
Expenses before incentive fees | [2],[3] | 5.00% | 3.89% | 4.19% | 2.65% |
Expenses after incentive fees | [2],[3] | 5.00% | 3.89% | 4.47% | 4.47% |
Total return before incentive fee | [2],[4] | (4.11%) | 2.89% | 1.97% | 0.25% |
Total return after incentive fee | [2],[4] | (4.11%) | 2.89% | 1.70% | (1.57%) |
Equinox Frontier Winton Fund [Member] | Class One AP [Member] | |||||
Net asset value per unit, Beginning balance | [1] | $ 181.68 | $ 170.46 | $ 171.31 | $ 178.18 |
Interest incomes | [1] | 0 | 0 | 0 | 0 |
Expenses | [1] | (2.23) | (1.70) | (6.06) | (6.09) |
Net gain/(loss) on investments, net of non-controlling interests | [1] | (5.23) | 6.63 | 8.98 | 4.11 |
Net income/(loss) | [1] | (7.46) | 4.93 | 2.91 | (2.79) |
Net asset value per unit, Ending balance | [1] | $ 174.22 | $ 175.39 | $ 174.22 | $ 175.39 |
Net investment gain/(loss) | [2] | (5.00%) | (3.89%) | (4.46%) | (4.47%) |
Expenses before incentive fees | [2],[3] | 5.00% | 3.89% | 4.19% | 2.65% |
Expenses after incentive fees | [2],[3] | 5.00% | 3.89% | 4.47% | 4.47% |
Total return before incentive fee | [2],[4] | (4.11%) | 2.89% | 1.98% | 0.25% |
Total return after incentive fee | [2],[4] | (4.11%) | 2.89% | 1.70% | (1.57%) |
Equinox Frontier Heritage Fund [Member] | Class One [Member] | |||||
Net asset value per unit, Beginning balance | [1] | $ 129.77 | $ 126.10 | $ 124.27 | $ 130.28 |
Interest incomes | [1] | 0 | 0 | 0 | 0 |
Expenses | [1] | (1.42) | (2.40) | (5.25) | (7.39) |
Net gain/(loss) on investments, net of non-controlling interests | [1] | (3.71) | 5.45 | 5.62 | 6.26 |
Net income/(loss) | [1] | (5.13) | 3.05 | 0.37 | (1.13) |
Net asset value per unit, Ending balance | [1] | $ 124.64 | $ 129.15 | $ 124.64 | $ 129.15 |
Net investment gain/(loss) | [2] | (4.45%) | (7.39%) | (5.42%) | (6.95%) |
Expenses before incentive fees | [2],[3] | 4.45% | 7.39% | 5.35% | 5.95% |
Expenses after incentive fees | [2],[3] | 4.45% | 7.39% | 5.42% | 6.95% |
Total return before incentive fee | [2],[4] | (3.95%) | 2.42% | 0.38% | 0.14% |
Total return after incentive fee | [2],[4] | (3.95%) | 2.42% | 0.30% | (0.87%) |
Equinox Frontier Heritage Fund [Member] | Class Two [Member] | |||||
Net asset value per unit, Beginning balance | [1] | $ 183.94 | $ 173.45 | $ 173.54 | $ 176.56 |
Interest incomes | [1] | 0 | 0 | 0 | 0 |
Expenses | [1] | (0.71) | (1.48) | (3.38) | (5.95) |
Net gain/(loss) on investments, net of non-controlling interests | [1] | (5.18) | 7.02 | 7.89 | 8.38 |
Net income/(loss) | [1] | (5.89) | 5.54 | 4.51 | 2.43 |
Net asset value per unit, Ending balance | [1] | $ 178.05 | $ 178.99 | $ 178.05 | $ 178.99 |
Net investment gain/(loss) | [2] | (1.56%) | (3.30%) | (2.46%) | (3.95%) |
Expenses before incentive fees | [2],[3] | 1.56% | 3.30% | 2.38% | 2.94% |
Expenses after incentive fees | [2],[3] | 1.56% | 3.30% | 2.46% | 3.95% |
Total return before incentive fee | [2],[4] | (3.20%) | 3.19% | 2.68% | 2.38% |
Total return after incentive fee | [2],[4] | (3.20%) | 3.19% | 2.60% | 1.38% |
Equinox Frontier Heritage Fund [Member] | Class One AP [Member] | |||||
Net asset value per unit, Beginning balance | [1] | $ 137.45 | $ 129.61 | $ 129.67 | $ 131.93 |
Interest incomes | [1] | 0 | 0 | 0 | 0 |
Expenses | [1] | (0.53) | (1.10) | (2.54) | (4.44) |
Net gain/(loss) on investments, net of non-controlling interests | [1] | (3.88) | 5.24 | 5.91 | 6.26 |
Net income/(loss) | [1] | (4.41) | 4.14 | 3.37 | 1.82 |
Net asset value per unit, Ending balance | [1] | $ 133.04 | $ 133.75 | $ 133.04 | $ 133.75 |
Net investment gain/(loss) | [2] | (1.56%) | (1.56%) | (2.46%) | (3.95%) |
Expenses before incentive fees | [2],[3] | 1.56% | 1.56% | 2.38% | 2.94% |
Expenses after incentive fees | [2],[3] | 1.56% | 1.56% | 2.46% | 3.95% |
Total return before incentive fee | [2],[4] | (3.21%) | 3.19% | 2.68% | 2.39% |
Total return after incentive fee | [2],[4] | (3.21%) | 3.19% | 2.60% | 1.38% |
[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] | Annualized with the exception of incentive fees. | ||||
[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] | 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. |
Derivative Instruments and He41
Derivative Instruments and Hedging Activities (Details) - Contracts | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2016 | Sep. 30, 2015 | Sep. 30, 2016 | Sep. 30, 2015 | |
Derivative Numbers of Instruments Bought | 5,250 | 5,250 | 10,232 | 10,232 |
Derivative Numbers of Instruments Sold | 14,939 | 14,939 | 10,304 | 10,304 |
Equinox Frontier Long Short Commodity Fund [Member] | ||||
Derivative Numbers of Instruments Bought | 81 | 61 | ||
Derivative Numbers of Instruments Sold | 151 | 74 | ||
Equinox Frontier Balanced Fund [Member] | ||||
Derivative Numbers of Instruments Bought | 7,269 | 1,423 | 4,886 | 4,830 |
Derivative Numbers of Instruments Sold | 6,943 | 1,383 | 4,834 | 4,859 |
Equinox Frontier Diversified Fund [Member] | ||||
Derivative Numbers of Instruments Bought | 527 | 1,503 | 215 | 7,657 |
Derivative Numbers of Instruments Sold | 460 | 1,468 | 179 | 7,698 |
Equinox Frontier Select Fund [Member] | ||||
Derivative Numbers of Instruments Bought | 1,446 | 526 | 2,298 | 1,664 |
Derivative Numbers of Instruments Sold | 1,498 | 547 | 2,207 | 1,743 |
Equinox Frontier Winton Fund [Member] | ||||
Derivative Numbers of Instruments Bought | 3,531 | 2,631 | ||
Derivative Numbers of Instruments Sold | 3,509 | 2,466 |
Derivative Instruments and He42
Derivative Instruments and Hedging Activities (Details 2) - USD ($) | 3 Months Ended | 9 Months Ended | |||||||
Sep. 30, 2016 | Sep. 30, 2015 | Sep. 30, 2016 | Sep. 30, 2015 | ||||||
Equinox Frontier Winton Fund [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | $ (66,996) | $ (1,186,574) | $ (1,063,587) | $ 1,451,419 | |||||
Equinox Frontier Balanced Fund [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | (991,919) | 1,090,718 | 757,438 | 6,649,714 | |||||
Equinox Frontier Select Fund [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | 13,128 | (85,196) | (48,741) | (21,084) | |||||
Equinox Frontier Long Short Commodity Fund [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | 10,570 | (163,908) | 300,548 | 1,418,786 | |||||
Equinox Frontier Diversified Fund [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | (756,529) | (408,697) | 101,860 | 2,639,004 | |||||
Realized Trading Revenue [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | 8,576,612 | [1] | (3,904,245) | [2] | 8,165,323 | [1] | 21,904,731 | [2] | |
Realized Trading Revenue [Member] | Metals [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | 583,815 | 2,479,348 | (4,841,613) | (1,050,465) | |||||
Realized Trading Revenue [Member] | Currencies [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | 1,114,620 | (1,895,930) | (3,513,673) | 2,238,262 | |||||
Realized Trading Revenue [Member] | Energies [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | 423,499 | 6,449,121 | 2,367,334 | 11,201,093 | |||||
Realized Trading Revenue [Member] | Agriculturals [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | (332,644) | (527,759) | (1,475,832) | (609,537) | |||||
Realized Trading Revenue [Member] | Interest Rates [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | 1,923,178 | (127,865) | 17,331,004 | 8,022,959 | |||||
Realized Trading Revenue [Member] | Stock Indices [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | 4,452,854 | (127,865) | (146,952) | 2,102,419 | |||||
Realized Trading Revenue [Member] | Equinox Frontier Winton Fund [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | [2] | 3,557,298 | 557,530 | 3,601,350 | 557,530 | ||||
Realized Trading Revenue [Member] | Equinox Frontier Winton Fund [Member] | Metals [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | 137,169 | 1,299,179 | (1,306,380) | (629,783) | |||||
Realized Trading Revenue [Member] | Equinox Frontier Winton Fund [Member] | Currencies [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | 1,564,836 | (229,296) | 1,239,182 | (1,294,845) | |||||
Realized Trading Revenue [Member] | Equinox Frontier Winton Fund [Member] | Energies [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | (283,793) | 1,671,570 | (279,237) | (333,304) | |||||
Realized Trading Revenue [Member] | Equinox Frontier Winton Fund [Member] | Agriculturals [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | (285,391) | 76,395 | (547,448) | 11,338 | |||||
Realized Trading Revenue [Member] | Equinox Frontier Winton Fund [Member] | Interest Rates [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | 2,108,766 | 258,686 | 6,205,710 | 2,553,584 | |||||
Realized Trading Revenue [Member] | Equinox Frontier Winton Fund [Member] | Stock Indices [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | 315,712 | (2,519,004) | (1,710,476) | 250,540 | |||||
Realized Trading Revenue [Member] | Equinox Frontier Balanced Fund [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | [2] | 1,012,755 | (3,537,771) | 4,223,196 | 55,049 | ||||
Realized Trading Revenue [Member] | Equinox Frontier Balanced Fund [Member] | Metals [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | 34,207 | (189,899) | 163,898 | (563,749) | |||||
Realized Trading Revenue [Member] | Equinox Frontier Balanced Fund [Member] | Currencies [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | (479,693) | (1,208,712) | (790,993) | 453,336 | |||||
Realized Trading Revenue [Member] | Equinox Frontier Balanced Fund [Member] | Energies [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | (544,669) | (206,830) | (817,799) | 359,219 | |||||
Realized Trading Revenue [Member] | Equinox Frontier Balanced Fund [Member] | Agriculturals [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | 91,330 | (463,579) | (32,097) | (423,024) | |||||
Realized Trading Revenue [Member] | Equinox Frontier Balanced Fund [Member] | Interest Rates [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | (997,159) | 2,099,847 | 4,586,533 | 1,527,969 | |||||
Realized Trading Revenue [Member] | Equinox Frontier Balanced Fund [Member] | Stock Indices [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | 2,908,740 | (3,568,598) | 1,113,655 | (1,298,702) | |||||
Realized Trading Revenue [Member] | Equinox Frontier Select Fund [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | [2] | 1,484,728 | 345,106 | 2,104,061 | 466,761 | ||||
Realized Trading Revenue [Member] | Equinox Frontier Select Fund [Member] | Metals [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | (155,328) | 794,198 | (427,660) | 248,620 | |||||
Realized Trading Revenue [Member] | Equinox Frontier Select Fund [Member] | Currencies [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | 502,259 | (229,845) | 178,904 | 98,621 | |||||
Realized Trading Revenue [Member] | Equinox Frontier Select Fund [Member] | Energies [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | (364,812) | 906,171 | 374,789 | 1,600,083 | |||||
Realized Trading Revenue [Member] | Equinox Frontier Select Fund [Member] | Agriculturals [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | 49,087 | (113,195) | (172,748) | (140,903) | |||||
Realized Trading Revenue [Member] | Equinox Frontier Select Fund [Member] | Interest Rates [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | 908,780 | 60,711 | 2,212,171 | (1,045,047) | |||||
Realized Trading Revenue [Member] | Equinox Frontier Select Fund [Member] | Stock Indices [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | 544,742 | (1,072,934) | (61,395) | (294,613) | |||||
Realized Trading Revenue [Member] | Equinox Frontier Long Short Commodity Fund [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | [2] | (518,538) | |||||||
Realized Trading Revenue [Member] | Equinox Frontier Long Short Commodity Fund [Member] | Metals [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | (34,888) | ||||||||
Realized Trading Revenue [Member] | Equinox Frontier Long Short Commodity Fund [Member] | Currencies [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | |||||||||
Realized Trading Revenue [Member] | Equinox Frontier Long Short Commodity Fund [Member] | Energies [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | 62,750 | ||||||||
Realized Trading Revenue [Member] | Equinox Frontier Long Short Commodity Fund [Member] | Agriculturals [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | (546,400) | ||||||||
Realized Trading Revenue [Member] | Equinox Frontier Long Short Commodity Fund [Member] | Interest Rates [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | |||||||||
Realized Trading Revenue [Member] | Equinox Frontier Long Short Commodity Fund [Member] | Stock Indices [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | |||||||||
Realized Trading Revenue [Member] | Equinox Frontier Diversified Fund [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | [2] | (423,595) | (281,983) | (294,279) | 8,599,684 | ||||
Realized Trading Revenue [Member] | Equinox Frontier Diversified Fund [Member] | Metals [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | (234,056) | 335,381 | (234,056) | (144,893) | |||||
Realized Trading Revenue [Member] | Equinox Frontier Diversified Fund [Member] | Currencies [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | (71,095) | (217,818) | (71,095) | 1,562,854 | |||||
Realized Trading Revenue [Member] | Equinox Frontier Diversified Fund [Member] | Energies [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | (395,666) | 564,352 | (395,666) | 1,238,321 | |||||
Realized Trading Revenue [Member] | Equinox Frontier Diversified Fund [Member] | Agriculturals [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | 72,782 | (201,395) | 202,098 | (158,127) | |||||
Realized Trading Revenue [Member] | Equinox Frontier Diversified Fund [Member] | Interest Rates [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | 43,199 | (534,819) | 43,199 | 4,163,141 | |||||
Realized Trading Revenue [Member] | Equinox Frontier Diversified Fund [Member] | Stock Indices [Member] | |||||||||
Realized Trading Revenue from Futures, Forwards and Options | $ 161,242 | $ (227,684) | $ 161,242 | $ 1,938,388 | |||||
[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 He43
Derivative Instruments and Hedging Activities (Details 3) - USD ($) | 3 Months Ended | 9 Months Ended | |||||||
Sep. 30, 2016 | Sep. 30, 2015 | Sep. 30, 2016 | Sep. 30, 2015 | ||||||
Equinox Frontier Select Fund [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | $ (79,609) | $ 215,306 | $ 237,742 | $ 328,727 | |||||
Equinox Frontier Balanced Fund [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 1,060,967 | 63,180 | 3,192,282 | (426,746) | |||||
Equinox Frontier Winton Fund [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (126,968) | 1,707,940 | (202,316) | (504,395) | |||||
Equinox Frontier Long Short Commodity Fund [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (536,592) | (914,512) | (664,984) | (921,751) | |||||
Equinox Frontier Diversified Fund [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 1,516,011 | (885,905) | 3,337,905 | (1,640,907) | |||||
Open Trade Equity [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (6,910,531) | [1] | 5,395,224 | [2] | (3,904,245) | [1] | (8,100,113) | [2] | |
Open Trade Equity [Member] | Metals [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (515,783) | (165,881) | 2,479,348 | 725,357 | |||||
Open Trade Equity [Member] | Currencies [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (2,066,999) | (644,008) | (1,895,930) | (2,649,965) | |||||
Open Trade Equity [Member] | Energies [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (1,166,561) | (3,278,490) | 6,449,121 | (7,965,479) | |||||
Open Trade Equity [Member] | Agriculturals [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 131,343 | 426,232 | (527,759) | 864,292 | |||||
Open Trade Equity [Member] | Interest Rates [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (4,152,491) | 5,601,833 | (127,865) | 1,206,417 | |||||
Open Trade Equity [Member] | Stock Indices [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 1,122,646 | 3,455,538 | (10,281,160) | (280,735) | |||||
Open Trade Equity [Member] | Equinox Frontier Select Fund [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | [2] | 1,307,760 | 275,957 | (298,984) | |||||
Open Trade Equity [Member] | Equinox Frontier Select Fund [Member] | Metals [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 28,852 | (125,649) | (147,108) | 419,385 | |||||
Open Trade Equity [Member] | Equinox Frontier Select Fund [Member] | Currencies [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 93,893 | 384,274 | 67,629 | ||||||
Open Trade Equity [Member] | Equinox Frontier Select Fund [Member] | Energies [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (240,034) | 579,493 | (809,068) | (164,736) | |||||
Open Trade Equity [Member] | Equinox Frontier Select Fund [Member] | Agriculturals [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 83,025 | 282,052 | 165,478 | (155,464) | |||||
Open Trade Equity [Member] | Equinox Frontier Select Fund [Member] | Interest Rates [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (991,267) | 286,868 | 343,921 | (290,025) | |||||
Open Trade Equity [Member] | Equinox Frontier Select Fund [Member] | Stock Indices [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 168,134 | 191,103 | 338,458 | (175,773) | |||||
Open Trade Equity [Member] | Equinox Frontier Balanced Fund [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | [2] | 1,132,903 | 1,975,442 | 1,313,083 | (438,314) | ||||
Open Trade Equity [Member] | Equinox Frontier Balanced Fund [Member] | Metals [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 81,372 | 93,155 | 48,088 | 100,867 | |||||
Open Trade Equity [Member] | Equinox Frontier Balanced Fund [Member] | Currencies [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (24,481) | 46,529 | (520,509) | 10,867 | |||||
Open Trade Equity [Member] | Equinox Frontier Balanced Fund [Member] | Energies [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (135,506) | 182,622 | (40,648) | (447,628) | |||||
Open Trade Equity [Member] | Equinox Frontier Balanced Fund [Member] | Agriculturals [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 92,332 | (36,457) | 130,007 | 77,334 | |||||
Open Trade Equity [Member] | Equinox Frontier Balanced Fund [Member] | Interest Rates [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 183,400 | 1,065,984 | 644,472 | 134,848 | |||||
Open Trade Equity [Member] | Equinox Frontier Balanced Fund [Member] | Stock Indices [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 935,787 | 623,609 | 1,051,674 | (314,602) | |||||
Open Trade Equity [Member] | Equinox Frontier Winton Fund [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (4,733,320) | [2] | (73,306) | [3] | (124,271) | [2] | (73,306) | [3] | |
Open Trade Equity [Member] | Equinox Frontier Winton Fund [Member] | Metals [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (547,241) | (629,783) | (751,806) | (629,783) | |||||
Open Trade Equity [Member] | Equinox Frontier Winton Fund [Member] | Currencies [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (1,288,958) | (1,925,681) | 427,845 | (1,925,681) | |||||
Open Trade Equity [Member] | Equinox Frontier Winton Fund [Member] | Energies [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (445,176) | (333,304) | (635,515) | (333,304) | |||||
Open Trade Equity [Member] | Equinox Frontier Winton Fund [Member] | Agriculturals [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (59,806) | 11,338 | 9,954 | 11,338 | |||||
Open Trade Equity [Member] | Equinox Frontier Winton Fund [Member] | Interest Rates [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (2,754,154) | 2,553,584 | 357,356 | 2,553,584 | |||||
Open Trade Equity [Member] | Equinox Frontier Winton Fund [Member] | Stock Indices [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 362,016 | 250,540 | 467,896 | 250,540 | |||||
Open Trade Equity [Member] | Equinox Frontier Long Short Commodity Fund [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | [2] | (1,318,406) | 847,287 | ||||||
Open Trade Equity [Member] | Equinox Frontier Long Short Commodity Fund [Member] | Metals [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 28,852 | 40,106 | |||||||
Open Trade Equity [Member] | Equinox Frontier Long Short Commodity Fund [Member] | Currencies [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (367,118) | 88,181 | |||||||
Open Trade Equity [Member] | Equinox Frontier Long Short Commodity Fund [Member] | Energies [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (240,034) | 310,673 | |||||||
Open Trade Equity [Member] | Equinox Frontier Long Short Commodity Fund [Member] | Agriculturals [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 83,025 | 419,538 | |||||||
Open Trade Equity [Member] | Equinox Frontier Long Short Commodity Fund [Member] | Interest Rates [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (991,267) | 6,479 | |||||||
Open Trade Equity [Member] | Equinox Frontier Long Short Commodity Fund [Member] | Stock Indices [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (991,267) | (17,690) | |||||||
Open Trade Equity [Member] | Equinox Frontier Diversified Fund [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | [2] | (1,251,809) | 3,662,607 | (328,660) | 450,400 | ||||
Open Trade Equity [Member] | Equinox Frontier Diversified Fund [Member] | Metals [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | 171,643 | 649,972 | 169,613 | 826,351 | |||||
Open Trade Equity [Member] | Equinox Frontier Diversified Fund [Member] | Currencies [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (372,138) | 873,813 | (263,004) | (193,292) | |||||
Open Trade Equity [Member] | Equinox Frontier Diversified Fund [Member] | Energies [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (124,354) | 550,970 | (96,532) | 147,793 | |||||
Open Trade Equity [Member] | Equinox Frontier Diversified Fund [Member] | Agriculturals [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (75,503) | 317,301 | 80,529 | 90,444 | |||||
Open Trade Equity [Member] | Equinox Frontier Diversified Fund [Member] | Interest Rates [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | (503,594) | 680,670 | (117,044) | (924,670) | |||||
Open Trade Equity [Member] | Equinox Frontier Diversified Fund [Member] | Stock Indices [Member] | |||||||||
Net Change in Open Trade Equity from Futures, Forwards and Options | $ (347,862) | $ 589,881 | $ (102,221) | $ 503,774 | |||||
[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 He44
Derivative Instruments and Hedging Activities (Details Narrative) - USD ($) | Sep. 30, 2016 | Dec. 31, 2015 |
Open Trade Equity Deficit [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Gross Amounts of recognized Derivative Assets | $ 6,930,061 | $ 2,101,541 |
Gross Amounts offset in the Statement of Financial Condition | (4,462,284) | (6,450,411) |
Net Amounts Presented in the Statement of Financial Condition | 2,467,777 | (4,348,870) |
Swap [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Gross Amounts of recognized Derivative Assets | 36,579,979 | 40,136,065 |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 36,579,979 | 40,136,065 |
Options Written [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Gross Amounts of recognized Derivative Assets | ||
Gross Amounts offset in the Statement of Financial Condition | (99,845) | (165,760) |
Net Amounts Presented in the Statement of Financial Condition | (99,845) | (165,760) |
Options Purchased [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Gross Amounts of recognized Derivative Assets | 262,365 | 526,288 |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 262,365 | 526,288 |
Equinox Frontier Balanced Fund [Member] | Open Trade Equity Deficit [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Gross Amounts of recognized Derivative Assets | 1,955,555 | 26,882 |
Gross Amounts offset in the Statement of Financial Condition | (453,990) | (15,352) |
Net Amounts Presented in the Statement of Financial Condition | 1,501,565 | 11,530 |
Equinox Frontier Balanced Fund [Member] | Swap [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Gross Amounts of recognized Derivative Assets | 16,586,708 | 19,157,520 |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 16,586,708 | 19,157,520 |
Equinox Frontier Diversified Fund [Member] | Open Trade Equity Deficit [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Gross Amounts of recognized Derivative Assets | 895,439 | |
Gross Amounts offset in the Statement of Financial Condition | (362,636) | |
Net Amounts Presented in the Statement of Financial Condition | 532,803 | |
Equinox Frontier Diversified Fund [Member] | Swap [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Gross Amounts of recognized Derivative Assets | 7,234,984 | 8,685,849 |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 7,234,984 | 8,685,849 |
Equinox Frontier Long Short Commodity Fund [Member] | Swap [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Gross Amounts of recognized Derivative Assets | 4,258,423 | 4,332,428 |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 4,258,423 | 4,332,428 |
Equinox Frontier Heritage Fund [Member] | Swap [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Gross Amounts of recognized Derivative Assets | 8,499,865 | 7,960,268 |
Gross Amounts offset in the Statement of Financial Condition | ||
Net Amounts Presented in the Statement of Financial Condition | 8,499,865 | 7,960,268 |
Equinox Frontier Select Fund [Member] | Open Trade Equity Deficit [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Gross Amounts of recognized Derivative Assets | 1,215,602 | 495,020 |
Gross Amounts offset in the Statement of Financial Condition | (529,238) | (32,681) |
Net Amounts Presented in the Statement of Financial Condition | 686,364 | 462,339 |
Equinox Frontier Winton Fund [Member] | Open Trade Equity Deficit [Member] | ||
Derivatives, Fair Value [Line Items] | ||
Gross Amounts of recognized Derivative Assets | 1,615,593 | 768,118 |
Gross Amounts offset in the Statement of Financial Condition | (1,401,084) | (168,539) |
Net Amounts Presented in the Statement of Financial Condition | $ 214,509 | $ 599,579 |
Trading Activities and Relate45
Trading Activities and Related Risks (Details Narrative) | 9 Months Ended |
Sep. 30, 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% |