67 unchanged sentences
Receivable from accrued interest
−Removed: Canadian Dollar deposits, non-interest bearing, overdrawn
Accrued Sponsor’s fee
26 unchanged sentences
Redemption of Shares
−Removed: ( 126,719,960
Net Increase (Decrease) due to Share Transactions
15 unchanged sentences
Redemption of Shares
+Added: ( 126,719,960
Net Increase (Decrease) due to Share Transactions
59 unchanged sentences
In addition, the Trust monitors for material events or transactions that may occur or become known after the period-end date and before the date the financial statements are issued.
+Added: Segment Reporting
+Added: In November 2023, the FASB issued Accounting Standards Update 2023-07, Segment Reporting (Topic 280):
+Added: Improvements to Reportable Segment Disclosures (“ASU 2023-07”), with the intent of improving reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses, allowing financial statement users to better understand the components of a segment's profit or loss and assess potential future cash flows for each reportable segment and the entity as a whole thereby enabling better understanding of how an entity's segments impact overall performance.
+Added: The Trust represents a single operating segment.
+Added: Subject to the oversight and, when applicable, approval of the Board of Managers, the Trust's Sponsor acts as the Trust's chief operating decision maker (“CODM”), assessing performance and making decisions about resource allocation.
+Added: The CODM monitors the operating results as a whole and the Trust's long-term strategic asset allocation is determined in accordance with the terms of its prospectus based on a defined investment strategy.
+Added: The financial information provided to and reviewed by the CODM is consistent with that presented in the Trust's financial statements.
+Added: Adoption of the new standard impacted the Trust's financial statement note disclosures only and did not affect the Trust's financial position or the results of its operations.
Foreign Currency Translation
58 unchanged sentences
This equates to 61,159,344 USD.
−Removed: For the year ended December 31, 2022, there were Canadian Dollar principal deposits of 73,340,680 , Canadian Dollar principal redemptions of 117,356,152 and Canadian Dollar withdrawals (to pay expenses) of 444,805 , resulting in an ending Canadian Dollar principal balance of 131,939,089 .
+Added: For the year ended December 31, 2023, there were Canadian Dollar principal deposits of 141,712,275 and Canadian Dollar principal redemptions of 171,032,104 , resulting in an ending Canadian Dollar principal balance of 102,619,260 .
This equates to 77,824,405 USD.
37 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.