RELATED PARTIES

9 Months Ended

Sep. 30, 2016

Note 8.

RELATED PARTIES

The Company reimburses Kenmar Preferred and its affiliates for services it performs for the Company, which include, but are not limited to: management, legal, accounting, registrar, transfer and assignment functions, investor communications, postage, printing, and other administrative services.

The expenses incurred by the Company for services performed by Kenmar Preferred and its affiliates for the Company were as follows:

	Three months ended September 30,						Nine months ended September 30,
	2016			2015			2016			2015

Management fees to Managing Member	$	44,295		$	61,704		$	146,774		$	204,115
Managing Member interest earned on Certain Investment Funds		7,504			0			25,029			9,743
Operating expenses		16,864			24,535			53,472			80,683
		68,663			86,239			225,275			294,541
General and administrative expenses borne by the Managing Member and its affiliates		(18,769	)		(40,535	)		(51,004	)		(112,766	)
Total	$	49,894		$	45,704		$	174,271		$	181,775

Expenses payable to the Managing Member and its affiliates, which are included in accrued expenses payable in the condensed statements of financial condition as of September 30, 2016 and December 31, 2015, were 4,890 and $37,924, respectively.

KMP Futures Fund I LLC 10-Q