Exhibit 4.1


DESCRIPTION OF THE
REGISTRANT’S SECURITIES


REGISTERED PURSUANT
TO SECTION 12 OF THE


SECURITIES EXCHANGE
ACT OF 1934


 


The following summary
description of the Redeemable Units is based on and qualified by the Fund’s Amended and Restated Limited Liability Company
Agreement dated July 9, 2018 (the “LLC Agreement”), a copy of which is incorporated by reference as Exhibit 3.3(a)
to this Annual Report on Form 10-K and is incorporated herein by this reference. For a complete description of the terms and provisions
of the Fund’s Redeemable Units refer to the LLC Agreement. Capitalized terms not defined herein have the meanings ascribed
to them in this Annual Report on Form 10-K.


 


The Redeemable Units are privately offered. 
Profits and losses of the Fund are allocated among the Members on a monthly basis in proportion to their capital accounts (the
initial balance of which is the amount paid for their Redeemable Units).  Distributions of profits will be made at the sole
discretion of Sydling.


 


A Member may transfer or assign his or
her Redeemable Units upon notice to Sydling.  The assignment will be effective at the beginning of the next month after Sydling
receives such notice.  The transfer or assignment of Redeemable Units shall be subject to all applicable securities laws.
An assignee may not become a Member without the consent of Sydling.  Sydling will not consent if it determines that the admission
of the assignee to the Fund would endanger the Fund’s tax status as a partnership or otherwise have adverse legal consequences. 
An assignee not admitted to the Fund as a Member will share the profits and capital of the Fund, but will not be entitled to vote,
to an accounting of Fund transactions, to receive tax information, or to inspect the books and records of the Fund.  An assigning
Member will remain liable to the Fund for any amounts for which he may be liable.


 


A Member may require the Fund to redeem some
or all of his Redeemable Units at net asset value per Redeemable Unit as of the last day of any month (the “Redemption Date”),
provided that the Member has held such Redeemable Units for three (3) full months.  The right to redeem is contingent
upon the Fund’s having property sufficient to discharge its liabilities on the Redemption Date and upon receipt by Sydling
of a written or oral request for redemption at least five (5) business days prior to the Redemption Date.  For the purpose
of a redemption, any accrued liability for reimbursement of offering and organization expenses for the initial offering period
will not reduce redemption value per Redeemable Unit.  Because net asset value fluctuates daily, Members will not know the
net asset value applicable to their redemption at the time a notice of redemption is submitted.  Payment for a redeemed interest
will be made within ten (10) business days following the Redemption Date by crediting a Member’s UBS Financial Services
account with the proceeds of the redemption.  Sydling has not experienced a situation in which the Fund did not have sufficient
cash to honor redemption requests.  If this were to occur, Sydling intends to honor redemption requests on a pro
rata basis unless Sydling determines that a different methodology would be in the best interests of the Fund.  There
is no fee charged to Members in connection with redemptions.  Sydling reserves the right in its sole discretion to permit
redemptions more frequently than monthly and to waive the 10-day notice period.  Sydling may also, at its sole discretion
and upon ten (10) days’ notice to a Member, require that any Member redeem some or all of its Redeemable Units if such
redemption is in the best interests of the Fund.  Sydling may temporarily suspend redemptions if necessary in order to liquidate
commodity positions in an orderly manner and may permit less frequent redemptions if it has received an opinion from counsel that
such action is advisable to prevent the Fund from being considered a publicly traded partnership by the Internal Revenue Service.


 


Summary of the LLC
Agreement


 


The following is an explanation of some
of the more significant terms and provisions of the LLC Agreement.  Each prospective investor should read the LLC Agreement
thoroughly before investing.  The following description is a summary only, is not intended to be complete, and is qualified
in its entirety by reference to the LLC Agreement itself.


 






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Liability of Members


 


The Fund was formed as a limited liability
company under the laws of the State of Delaware on August 7, 2012.  The Fund has been advised by its counsel that except
as required by Delaware law and as set forth in Paragraph 5(c) of the LLC Agreement, Redeemable Units purchased and paid for pursuant
to this offering will be fully paid and non-assessable, and a Member will not be liable for amounts in excess of such Member’s
contributions to the Fund and his share of undistributed profits, if any.


 


Management of Fund Affairs


 


The Fund is member-managed for purposes
of Delaware law.  Pursuant to the LLC Agreement, the Members have appointed Sydling to act as the Fund’s CPO and trading
manager.  Accordingly, the Members have delegated all of their rights, powers, duties and obligations to manage the business
and affairs of the Fund to Sydling; provided, that the Members have not delegated their rights under the LLC Agreement
to (i) vote on amendments to the LLC Agreement, (ii) call a meeting of the Members or (iii) vote to revoke the delegation
of rights and powers to Sydling.  Sydling may select one or more trading advisors to direct all trading for the Fund and may
cause the Fund to invest substantially all of its assets in another fund managed by such advisor(s).  Other responsibilities
of Sydling include, but are not limited to, the following:  reviewing and monitoring the trading of the trading advisor(s);
administering redemptions of Redeemable Units; preparing monthly and annual reports to the Members; preparing and filing necessary
reports with regulatory authorities; calculating the net asset value; executing various documents on behalf of the Fund and the
Members pursuant to powers of attorney; and supervising the liquidation of the Fund if an event causing dissolution of the Fund
occurs.


 


Sydling may, but is not obliged to, delegate
its rights, duties and powers under the LLC Agreement, including but not limited to the duty to make trading decisions for the
Fund. 


 


Sharing of Profits and Losses; Fund
Accounting


 


Each Member will have a capital account,
and its initial balance will be the amount such Member paid for his, her or its Redeemable Units.  Any increase or decrease
in the net assets of the Fund will be allocated among the Members on a monthly basis and will be added to or subtracted from the
accounts of the Members in the ratio that each account bears to all accounts.


 


Additional Members


 


All Redeemable Units offered by the Fund
are sold at the Fund’s then current net asset value per Redeemable Unit.


 


Restrictions on Transfer or Assignment


 


A Member may transfer or assign his or
her Redeemable Units upon notice to Sydling.  The assignment will be effective at the beginning of the next month after Sydling
receives such notice.  The transfer or assignment of Redeemable Units shall be subject to all applicable securities laws.
An assignee may not become a Member without the consent of Sydling.  Sydling will not consent if it determines that the admission
of the assignee to the Fund would endanger the Fund’s tax status as a partnership or otherwise have adverse legal consequences. 
An assignee not admitted to the Fund as a Member will share the profits and capital of the Fund, but will not be entitled to vote,
to an accounting of Fund transactions, to receive tax information, or to inspect the books and records of the Fund.  An assigning
Member will remain liable to the Fund for any amounts for which he may be liable.


 


Removal or Admission of Sydling


 


Sydling may be removed and successor trading
managers may be admitted upon the vote of the majority of the outstanding Redeemable Units.


 






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Amendments; Meetings


 


The LLC Agreement may be amended if approved
in writing by Sydling and Members owning more than 50% of the outstanding Redeemable Units.  In addition, Sydling may amend
the LLC Agreement without the consent of the Members in order to clarify any clerical inaccuracy or ambiguity or reconcile any
inconsistency (including any inconsistency between the LLC Agreement and the Memorandum), to delete or add any provision of or
to the LLC Agreement required to be deleted or added by the staff of any federal or state agency, or to make any amendment to the
LLC Agreement which Sydling deems advisable (including but not limited to amendments necessary to effect the allocations proposed
therein) provided that such amendment is not adverse to any Member (unless the consent of such Member is obtained), or is required
by law.


 


Upon receipt of a written request, signed
by Members owning at least 10% of the outstanding Redeemable Units, that a meeting of the Fund be called to consider any matter
upon which Members may vote pursuant to the LLC Agreement, Sydling, by written notice to each Member of record mailed within 15
days after such receipt, must call a meeting of the Fund.  Such meeting must be held at least 30 but not more than 60 days
after the mailing of such notice and the notice must specify the date, a reasonable time and place, and the purpose of such meeting. 


 


At any such meeting, upon the approval
by an affirmative vote of Members owning more than 50% of the Redeemable Units, the following actions may be taken:  (i) the
LLC Agreement may, with certain exceptions, be amended; (ii) the Fund may be dissolved; (iii) Sydling may be removed
and a new trading manager may be appointed; (iv) a new trading manager or trading managers may be appointed if Sydling elects
to withdraw from the Fund; (v) any contracts with Sydling or any of its affiliates or any trading advisor may be terminated
without penalty on 60 days’ notice; and (vi) the sale of all assets of the Fund may be approved.


 


Reports to Members


 


Within 30 days of the end of each month,
Sydling will provide the Members with a financial report containing information relating to the net assets of the Fund and net
asset value per Redeemable Unit as of the end of such month, as well as other information relating to the operations of the Fund
which is required to be reported to the Members by CFTC regulations.  In addition, if any of the following events occur, notice
thereof will be mailed to each Member within seven business days of such occurrence:  a decrease in the net asset value per
Redeemable Unit to $400 or less, as such amount may be adjusted for any splits or combinations of Redeemable Units, as of the end
of any trading day; any change in trading advisor(s); a change in Sydling (other than to an affiliate); any change in commodity
brokers; any material change in the Fund’s trading policies or any material change in an advisor’s trading strategies. 
In addition, a certified annual report of financial condition will be distributed to the Members not more than 90 days (or such
longer time as may be permitted by applicable law) after the close of the Fund’s fiscal year.  As soon as practicable
after the close of the fiscal year and if required by the then applicable tax law, tax information necessary for the preparation
of the Members’ annual federal income tax returns will be distributed to the Members.


 


Dissolution of the Fund


 


The affairs of the Fund will be wound up
and the Fund liquidated as soon as practicable upon the first to occur of the following:  (i) December 31, 2037;
(ii) the vote to dissolve the Fund by Members owning more than 50% of the Redeemable Units; (iii) the withdrawal, removal,
bankruptcy or dissolution of Sydling (unless the Fund is continued as described in the LLC Agreement); (iv) a decline in net
asset value to less than $400 per Redeemable Unit, as such amount may be adjusted for any splits or combinations of Redeemable
Units, as of the end of any trading day; or (v) the occurrence of any event which shall make it unlawful for the existence
of the Fund to be continued.  In addition, Sydling may, in its sole discretion, cause the Fund to dissolve if the Fund’s
aggregate net assets decline to less than $1,000,000 (unless the Fund is continued as described in the LLC Agreement).


 






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Power of Attorney


 


To facilitate the execution of various
documents by Sydling on behalf of the Fund and the Members, the Members will appoint Sydling and any liquidator of the
Fund’s assets appointed pursuant to the LLC Agreement, with power of substitution, their attorney-in-fact by executing
the investor application and subscription agreement including the power of attorney.  Such documents include, without
limitation, the LLC Agreement and amendments and restatements thereto, the Customer Agreement and Trading Advisory
Agreement. 


 


Tax Matters Partner or Partnership Representative


 


Sydling will serve as the Fund’s
tax matters partner (for tax years beginning before 2018) or “partnership representative” (for later tax years).


 






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