2 unchanged sentences
Report of Management on Internal Control Over Financial Reporting
−Removed: Report of Independent Registered Public Accounting Firm
+Added: Report of Independent Registered Public Accounting Firm (PCAOB ID 238 )
Statements of Financial Condition at December 31, 2021 and 2020
66 unchanged sentences
Redeemable Capital Shares and Shareholders’ Equity
−Removed: Redeemable Capital Shares, at redemption value, no par value, 44,500,000 and
−Removed: 41,500,000 authorized, respectively – 2,050,000 and 1,300,000 , issued
−Removed: and outstanding, respectively
+Added: Redeemable Capital Shares, at redemption value, no par value,
+Added: 1,350,000 and 2,050,000 , issued and outstanding, respectively
Shareholders’ Equity:
22 unchanged sentences
Net Increase (Decrease) due to Share Transactions
−Removed: Distributions
Net Comprehensive Income (Loss)
30 unchanged sentences
Accrued Sponsor’s fee
−Removed: Accrued interest expense
Net cash provided by (used in) operating activities
23 unchanged sentences
The Sponsor is a Delaware limited liability company whose sole member is Invesco Capital Management.
+Added: The Trust has an unlimited number of shares authorized for issuance.
The investment objective of the Trust is for the Trust’s shares (the “Shares”) to reflect the price in U.S.
43 unchanged sentences
These exceptions include expenses not assumed by the Sponsor (i.e., expenses other than those identified in the preceding paragraph), expenses resulting from negative interest rates, taxes and governmental charges, expenses and costs of any extraordinary services performed by the Trustee or the Sponsor on behalf of the Trust or action taken by the Trustee or the Sponsor to protect the Trust or the interests of Shareholders, indemnification of the Sponsor under the Depositary Trust Agreement, audit fees and legal expenses in excess of $ 100,000 per year.
−Removed: The only expenses of the Trust during the year ended December 31, 2020 were the Sponsor’s fee and interest expense on currency deposits.
The only expense of the Trust during the year ended December 31, 2021 was the Sponsor’s fee.
+Added: The only expenses of the Trust during the year ended December 31, 2020 were the Sponsor’s fee and interest expense on currency deposits.
Federal Income Taxes
29 unchanged sentences
For the year ended December 31, 2020, there were Australian Dollar principal deposits of 114,776,341 , Australian Dollar principal redemptions of 39,913,155 and Australian Dollar withdrawals (to pay expenses) of 529,228 , resulting in an ending Australian Dollar principal balance of 204,323,450 .
−Removed: This equates to 91,376,174 USD (which includes USD redemptions payable).
+Added: This equates to 157,666,229 USD.
Net interest, if any, associated with creation and redemption activity is held in an Australian Dollar-denominated non-interest-bearing account, and any balance is distributed in full as part of the monthly income distributions, if any.
36 unchanged sentences
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.