Financial Highlights (Tables)

9 Months Ended

Sep. 30, 2016

Financial Highlights for Limited Partner Classes

Financial highlights for the limited partner Classes as a whole for the three and nine months ended September 30, 2016 and 2015 were as follows:


	Three Months Ended						Three Months Ended						Nine Months Ended						Nine Months Ended
	September 30, 2016						September 30, 2015						September 30, 2016						September 30, 2015
	Class A			Class Z			Class A			Class Z			Class A			Class Z			Class A			Class Z
Per Redeemable Unit Performance (for a unit outstanding throughout the period):*
Net realized and unrealized gains (losses)	$	(0.21)		$	(0.11)		$	(30.28)		$	(20.93)		$	49.83		$	35.52		$	(17.99)		$	(12.78)
Net investment loss		(19.16)			(9.28)			(19.19)			(8.89)			(58.78)			(29.15)			(60.25)			(27.88)

Increase (decrease) for the period		(19.37)			(9.39)			(49.47)			(29.82)			(8.95)			6.37			(78.24)			(40.66)
Net asset value per Redeemable Unit, beginning of period		1,214.45			853.45			1,276.20			879.03			1,204.03			837.69			1,304.97			889.87

Net asset value per Redeemable Unit, end of period	$	1,195.08		$	844.06		$	1,226.73		$	849.21		$	1,195.08		$	844.06		$	1,226.73		$	849.21


	Three Months Ended						Three Months Ended						Nine Months Ended						Nine Months Ended
	September 30, 2016						September 30, 2015						September 30, 2016						September 30, 2015
	Class A			Class Z			Class A			Class Z			Class A			Class Z			Class A			Class Z

Ratios to Average Limited Partners’ Capital:**
Net investment loss***		(6.5	)%		(4.4	)%		(6.1	)%		(4.0	)%		(6.7	)%		(3.8	)%		(6.3	)%		(4.2	)%

Operating expenses		6.6	%		4.5	%		6.1	%		4.0	%		6.8	%		3.9	%		6.3	%		4.2	%
Incentive fees		-	%		-	%		-	%		-	%		-	%		-	%		-	%		-	%

Total expenses		6.6	%		4.5	%		6.1	%		4.0	%		6.8	%		3.9	%		6.3	%		4.2	%


Total return:
Total return before incentive fees		(1.6	)%		(1.1	)%		(3.9	)%		(3.4	)%		(0.7	)%		0.8	%		(6.0	)%		(4.6	)%
Incentive fees		-			-			-			-			-			-			-			-

Total return after incentive fees		(1.6	)%		(1.1	)%		(3.9	)%		(3.4	)%		(0.7	)%		0.8	%		(6.0	)%		(4.6	)%

Net investment loss per Redeemable Unit is calculated by dividing the expenses net of interest income by the average number of Redeemable Units outstanding during the period. The net realized and unrealized gains (losses) per Redeemable Unit is a balancing amount necessary to reconcile the change in net asset value per Redeemable Unit with the other per unit information.

**	Annualized (except for incentive fees).

***	Interest income less total expenses.

COMMODITY ADVISORS FUND L.P. 10-Q