13 unchanged sentences
The value of the holdings of the Trust is reported on the Trust’s website, www.invesco.com/etfs, each business day.
−Removed: Change in Fiscal Year End
−Removed: On January 9, 2019, Invesco Specialized Products, LLC (the “Sponsor”) changed the Trust’s fiscal year from the period beginning on November 1 and ending on October 31 to the period beginning on January 1 and ending on December 31.
−Removed: Unless otherwise noted, all references to “years” in this report refer to the twelve-month fiscal year, which ends on December 31 of each year.
The Trust holds Australian Dollars and, from time to time, issues Baskets in exchange for deposits of Australian Dollars and distributes Australian Dollars in connection with redemptions of Baskets.
15 unchanged sentences
The NAV is expressed in U.S.
−Removed: Dollars (“USD”) based on the Australian Dollar/USD exchange rate as determined by The WM
−Removed: Company at 4:00 PM (London time / London fixing) (the “Closing Spot Rate”) on each day that NYSE Arca is open for regular trading.
+Added: Dollars (“USD”) based on the Australian Dollar/USD exchange rate as determined by The WM Company at 4:00 PM (London time / London fixing) (the “Closing Spot Rate”) on each day that NYSE Arca is open for regular trading.
If, on a particular evaluation day, the Closing Spot Rate has not been determined and announced by 6:00 PM (London time), then the most recent Closing Spot Rate is used to determine the NAV of the Trust unless the Trustee, in consultation with the Sponsor, determines that such price is inappropriate to use as the basis for the valuation.
32 unchanged sentences
The creation and redemption of Baskets requires the delivery to the Trust or the distribution by the Trust of the amount of Australian Dollars represented by the Baskets being created or redeemed.
−Removed: This amount is based on the combined NAV per Share of the number of Shares included in the Baskets being created or redeemed, determined on the day the order to create or redeem Baskets is accepted by the Trustee.
+Added: This amount is based on the combined NAV per Share of
+Added: the number of Shares included in the Baskets being created or redeemed, determined on the day the order to create or redeem Baskets is accepted by the Trustee.
Only Authorized Participants may place orders to create and redeem Baskets.
12 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.