Item 4. Controls and Procedures
Item 4. Controls and Procedures.
Disclosure Controls and Procedures
The Trust maintains disclosure controls and procedures
that are designed to ensure that information required to be disclosed in its 1934 Act reports is recorded, processed, summarized and reported
within the time periods specified in the SEC’s rules and forms, and that such information is accumulated and communicated to the
Principal Executive Officer and Chief Financial Officer of the Sponsor to allow timely decisions regarding required disclosure.
Under the supervision and with the participation
of the Principal Executive Officer and the Chief Financial Officer of the Sponsor, the Sponsor conducted an evaluation of the Trusts disclosure
controls and procedures, as defined under Exchange Act Rule 13a-15(e). Based on this evaluation, the Principal Executive Officer
and the Chief Financial Officer of the Sponsor concluded that, as of the end of the period covered by this Quarterly Report on Form 10-Q,
the Trust’s disclosure controls and procedures were effective.
Changes in Internal Control over Financial Reporting
There were no changes in the Trust’s internal
control over financial reporting that occurred during the last fiscal quarter that have materially affected, or are reasonably likely
to materially affect, the Trust’s internal control over financial reporting.
31
PART II. OTHER INFORMATION
Item 1. Legal Proceedings.
Although the Trust may, from time to time, be
involved in litigation arising out of their operations in the normal course of business or otherwise, the Trust is currently not a party
to any pending legal proceedings.
Item 1A. Risk Factors.
Not applicable to Smaller Reporting Companies.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.