Trading Advisors and the Trading Companies (Tables)

6 Months Ended

Jun. 30, 2017

The tables below represent summarized results of operations of the Trading Companies that the Partnership invested in for the three and six months ended June 30, 2017 and 2016, respectively.


For the three months ended June 30, 2017	Net Investment Loss			Total Trading Results			Net Income (Loss)

Aspect I, LLC	$	(47,544	)	$	(651,909	)	$	(699,453	)
Boronia I, LLC		(372,467	)		290,771			(81,696	)
TT II, LLC		(611,087	)		(23,814,308	)		(24,425,395	)

For the six months ended June 30, 2017	Net Investment Loss			Total Trading Results			Net Income (Loss)

Aspect I, LLC	$	(112,609	)	$	(926,459	)	$	(1,039,068	)
Boronia I, LLC		(778,252	)		(5,034,254	)		(5,812,506	)
TT II, LLC		(1,420,737	)		(29,612,392	)		(31,033,129	)

For the three months ended June 30, 2016	Net Investment Loss			Total Trading Results			Net Income (Loss)

Aspect I, LLC	$	(76,253	)	$	(325,234	)	$	(401,487	)
Boronia I, LLC		(1,082,633	)		4,790,599			3,707,966
TT II, LLC		(955,861	)		209,565			(746,296	)
Augustus I, LLC		(51,354	)		(306,715	)		(358,069	)
Altis I, LLC		(88,357	)		(933,808	)		(1,022,165	)

For the six months ended June 30, 2016	Net Investment Loss			Total Trading Results			Net Income (Loss)

Aspect I, LLC	$	(215,932	)	$	73,807		$	(142,125	)
Boronia I, LLC		(1,773,815	)		11,497,535			9,723,720
TT II, LLC		(4,537,812	)		42,469,634			37,931,822
Augustus I, LLC		(108,283	)		(678,519	)		(786,802	)
Altis I, LLC		(171,789	)		(2,453,952	)		(2,625,741	)
BHM I, LLC ^(a)		(170,710	)		(6,343,252	)		(6,513,962	)

(a)	From January 1, 2016 through January 31, 2016, the date the Partnership fully redeemed its interest in BHM I, LLC.

Partnership's Investments in, and Partners' Pro Rata Share of Results of Operations of Trading Companies

Summarized information reflecting the Partnership’s investment in, and the Partnership’s pro-rata share of the results of operations of, the Trading Companies is shown in the following tables.


	June 30, 2017					For the Three Months Ended June 30, 2017

	% of								Expenses
	Partners’ Capital			Fair Value		Net Income (Loss)			Management Fees		Incentive Fees		Administrative Fees		Investment Objective		Redemptions Permitted
Aspect I, LLC		33.03	%	$	2,069,606	$	(102,242	)	$	8,492	$	-	$	1,981		Commodity Portfolio	Monthly
Boronia I, LLC		36.03	%		2,256,567		(3,617	)		9,538		-		2,225		Commodity Portfolio	Monthly
TT II, LLC		31.50	%		1,972,775		(212,664	)		4,664		-		1,920		Commodity Portfolio	Monthly


	June 30, 2017					For the Six Months Ended June 30, 2017

	% of								Expenses
	Partners’ Capital			Fair Value		Net Income (Loss)			Management Fees		Incentive Fees		Administrative Fees		Investment Objective	Redemptions Permitted
Aspect I, LLC		33.03	%	$	2,069,606	$	(153,896	)	$	18,640	$	-	$	4,349	Commodity Portfolio	Monthly
Boronia I, LLC		36.03	%		2,256,567		(480,908	)		21,771		-		5,079	Commodity Portfolio	Monthly
TT II, LLC		31.50	%		1,972,775		(269,712	)		9,997		148		4,116	Commodity Portfolio	Monthly


	December 31, 2016					For the Three Months Ended June 30, 2016

	% of								Expenses
	Partners’ Capital			Fair Value		Net Income (Loss)			Management Fees		Incentive Fees			Administrative Fees			Investment Objective	Redemptions Permitted
Aspect I, LLC		31.27	%	$	2,796,654	$	(45,505	)	$	8,115	$	-			$	1,894	Commodity Portfolio	Monthly
Boronia I, LLC		41.50	%		3,710,816		203,595			11,219		31,459				2,618	Commodity Portfolio	Monthly
TT II, LLC		29.69	%		2,654,964		(6,644	)		5,402		(1,867	)			1,891	Commodity Portfolio	Monthly
Augustus I, LLC		-	%		-		(77,896	)		9,149		-				2,135	Commodity Portfolio	Monthly
Altis I, LLC		-	%		-		(125,793	)		6,352		-				1,779	Commodity Portfolio	Monthly


	December 31, 2016					For the Six Months Ended June 30, 2016

	% of								Expenses
	Partners’ Capital			Fair Value		Net Income (Loss)			Management Fees		Incentive Fees		Administrative Fees		Investment Objective	Redemptions Permitted
Aspect I, LLC		31.27	%	$	2,796,654	$	(16,827	)	$	16,420	$	7,038	$	3,832	Commodity Portfolio	Monthly
Boronia I, LLC		41.50	%		3,710,816		495,138			24,959		33,537		5,824	Commodity Portfolio	Monthly
TT II, LLC		29.69	%		2,654,964		221,907			11,492		46,259		4,024	Commodity Portfolio	Monthly
Augustus I, LLC		-	%		-		(177,563	)		19,893		-		4,642	Commodity Portfolio	Monthly
Altis I, LLC		-	%		-		(318,182	)		13,388		-		3,749	Commodity Portfolio	Monthly
BHM I, LLC ^(a)		-	%		-		(21,089	)		402		-		71	Commodity Portfolio	Monthly

^(a⁾	From January 1, 2016 through January 31, 2016, the date the Partnership fully redeemed its interest in BHM I, LLC.

Meritage Futures Fund L.P. 10-Q