1 unchanged sentence
Disclosure Controls and Procedures
−Removed: Under the supervision and with the participation
−Removed: of Management, including its Principal Executive Officer and Principal Financial Officer, the Trust and the Fund conducted an evaluation
−Removed: of the effectiveness of the design and operation of its disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e)
−Removed: under the Exchange Act) as of March 31, 2026.
−Removed: Based on that evaluation, the Principal Executive Officer and Principal Financial Officer
−Removed: concluded that the Trust’s and the Fund’s disclosure controls and procedures were effective as of March 31, 2026 to provide
−Removed: reasonable assurance that information required to be disclosed by the Trust in the reports that it files or submits under the Exchange
−Removed: Act is recorded, processed, summarized, and reported within the time periods specified in the SEC’s rules and forms, and that such
−Removed: information is accumulated and communicated to Management to allow timely decisions regarding required disclosure.
−Removed: There are inherent limitations to the effectiveness
−Removed: of any system of disclosure controls and procedures, including the possibility of human error and the circumvention or overriding of the
−Removed: controls and procedures.
−Removed: The certifications of the Chief Executive Officer
−Removed: and Chief Financial Officer are applicable to the Fund as well as the Trust as a whole.
−Removed: Changes in Internal Control over Financial
−Removed: There has been no change in the Trust’s
−Removed: or the Fund’s internal controls over the financial reporting (as defined in the Rules 13a-15(f) and 15d-15(f) of the Exchange Act)
−Removed: that occurred during the Trust’s last fiscal quarter that has materially affected, or is reasonably likely to materially affect,
−Removed: the Trust’s or the Fund’s internal control over financial reporting.
+Added: Under the supervision and with the participation of Management, including its Principal Executive Officer and Principal Financial Officer, the Trust and the Fund conducted an evaluation of the effectiveness of the design and operation of its disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act) as of June 30, 2026.
+Added: Based on that evaluation, the Principal Executive Officer and Principal Financial Officer concluded that the Trust’s and the Fund’s disclosure controls and procedures were effective as of June 30, 2026 to provide reasonable assurance that information required to be disclosed by the Trust in the reports that it files or submits under the Exchange Act 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 Management to allow timely decisions regarding required disclosure.
+Added: There are inherent limitations to the effectiveness of any system of disclosure controls and procedures, including the possibility of human error and the circumvention or overriding of the controls and procedures.
+Added: The certifications of the Chief Executive Officer and Chief Financial Officer are applicable to the Fund as well as the Trust as a whole.
+Added: Changes in Internal Control over Financial Reporting
+Added: There has been no change in the Trust’s or the Fund’s internal controls over the financial reporting (as defined in the Rules 13a-15(f) and 15d-15(f) of the Exchange Act) that occurred during the Trust’s last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Trust’s or the Fund’s internal control over financial reporting.
OTHER INFORMATION
Legal Proceedings
−Removed: Neither the Trust, the Fund nor the Sponsor are
−Removed: currently subject to any material legal proceedings, nor, to our knowledge, are any material legal proceedings threatened against the
−Removed: Trust, the Fund or the Sponsor.
+Added: Neither the Trust, the Fund nor the Sponsor are currently subject to any material legal proceedings, nor, to our knowledge, are any material legal proceedings threatened against the Trust, the Fund or the Sponsor.
Not applicable to smaller reporting companies.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.