Common Stock $ $ $ $ – – – – Barometer Global Macro Pool Exchange Traded Funds and $ $ $ $ Index Funds – – – – Liabilities Barometer Equity Pool Futures contracts $ $ $ $ – – – – Forward Contracts – – – – $ $ $ $ – – – – Barometer Tactical Balanced Pool Futures Contracts $ $ $ $ – – – – Forward Contracts – – – – $ $ $ $ – – – – Barometer Tactical Income Pool Futures Contracts $ $ $ $ – – – – Forward Contracts – – – – $ $ $ $ – – – – Barometer Long Short Pool Investments sold short $ $ $ $ – – – – Futures Contracts – – – – Forward Contracts – – – – $ $ $ $ – – – – Barometer Global Macro Pool Investments sold $ $ $ $ – – – – There were no significant transfers between levels during the period. The primary input used in the valuation of level 2 investments are recent transactions completed by market participants, as compiled by reputable pricing sources such as Bloomberg. 12. CLASSIFICATION OF FINANCIAL INSTRUMENTS FAIR VALUE MEASUREMENTS (continued) – The following table summarizes the levels within the fair value hierarchy in which the fair value measurements of the Pools’ investments fall as of December 31, 2016: Level 1 Level 2 Level 3 Total Assets Barometer Equity Pool Common Stock $ 157,401,835 $ $ $ 157,401,835 – – Barometer Tactical Balanced Pool Common Stock $ 82,992,013 $ $ $ 82,992,013 – – Income Securities 25,057,291 25,057,291 – – $ 82,992,013 $ 25,057,291 $ $ 108,049,304 – Barometer Tactical Income Pool Common Stock $ 415,956,300 $ $ $ 415,956,300 – – Fixed Income Securities 16,860,926 16,860,926 – – $ 415,956,300 $ 16,860,926 $ $ 432,817,226 – Barometer Long Short Pool Common $ 33,642,374 $ $ $ 33,642,374 – – Barometer Global Pool
Common Stock $ – $ – $ – $ – Barometer Global Macro Pool Exchange Traded Funds and Index Funds $ – $ – $ – $ – Liabilities Barometer Equity Pool Futures contracts $ – $ – $ – $ – Forward Contracts – – – – $ – $ – $ – $ – Barometer Tactical Balanced Pool Futures Contracts $ – $ – $ – $ – Forward Contracts – – – – $ – $ – $ – $ – Barometer Tactical Income Pool Futures Contracts $ – $ – $ – $ – Forward Contracts – – – – $ – $ – $ – $ – Barometer Long Short Pool Investments sold short $ – $ – $ – $ – Futures Contracts – – – – Forward Contracts – – – – $ – $ – $ – $ – Barometer Global Macro Pool Investments sold $ – $ – $ – $ – There were no significant transfers between levels during the period. The primary input used in the valuation of level 2 investments are recent transactions completed by market participants, as compiled by reputable pricing sources such as Bloomberg. 12. CLASSIFICATION OF FINANCIAL INSTRUMENTS – FAIR VALUE MEASUREMENTS (continued) The following table summarizes the levels within the fair value hierarchy in which the fair value measurements of the Pools’ investments fall as of December 31, 2016: Level 1 Level 2 Level 3 Total Assets Barometer Equity Pool Common Stock $ 157,401,835 $ – $ – $ 157,401,835 Barometer Tactical Balanced Pool Common Stock $ 82,992,013 $ – $ – $ 82,992,013 Income Securities – 25,057,291 – 25,057,291 $ 82,992,013 $ 25,057,291 $ – $ 108,049,304 Barometer Tactical Income Pool Common Stock $ 415,956,300 $ – $ – $ 415,956,300 Fixed Income Securities – 16,860,926 – 16,860,926 $ 415,956,300 $ 16,860,926 $ – $ 432,817,226 Barometer Long Short Pool Common $ 33,642,374 $ – $ – $ 33,642,374 Barometer Global Pool