17 unchanged sentences
We, Brian Hartigan, Principal Executive Officer, and Kelli Gallegos, Principal Financial and Accounting Officer, Investment Pools, of the Sponsor, assessed the effectiveness of the Trust’s internal control over financial reporting as of December 31, 2025.
−Removed: In making this assessment, we used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”) in Internal Control—Integrated Framework (2013).
+Added: In making this assessment, we used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission in Internal Control—Integrated Framework (2013).
Based on our assessment and those criteria, we have concluded that the Trust maintained effective internal control over financial reporting as of December 31, 2025.
29 unchanged sentences
A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles.
−Removed: A company’s internal control over financial reporting includes those policies and procedures that (i) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company;
+Added: A company’s internal control over financial reporting includes those policies and procedures that (i) pertain to the maintenance of records that, in
+Added: reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company;
(ii) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company;
14 unchanged sentences
Canadian Dollar deposits, non-interest bearing
+Added: US Dollar Cash at Depository
Receivable from accrued interest
+Added: Canadian Dollar deposits, non-interest bearing, overdrawn
Accrued Sponsor’s fee
43 unchanged sentences
Redemption of Shares
−Removed: ( 126,719,960
Net Increase (Decrease) due to Share Transactions
22 unchanged sentences
Redemptions of redeemable capital Shares
−Removed: ( 126,719,960
Increase (decrease) in payable for Canadian Dollar deposits overdrawn
35 unchanged sentences
Segment Reporting
−Removed: In November 2023, the FASB issued Accounting Standards Update 2023-07, Segment Reporting (Topic 280):
−Removed: 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.
−Removed: The Trust represents a single operating segment.
−Removed: 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 Trust represents a single operating segment, in accordance with ASC 280, Segment Reporting.
+Added: Subject to the oversight and, when applicable, approval of the Board of Managers, portfolio managers and senior executives at the Sponsor act as the Trust’s chief operating decision maker (“CODM”), assessing performance and making decisions about resource allocation within the Trust.
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.
The financial information provided to and reviewed by the CODM is consistent with that presented in the Trust’s financial statements .
−Removed: 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
8 unchanged sentences
The redeemable capital Shares are adjusted to redemption value and these adjustments are recorded against retained earnings.
+Added: The Trust may hold a USD cash balance to pay the Trust's expenses and distribute excess interest.
+Added: These amounts are reflected as U.S.
+Added: Dollar cash at Depository on the Statements of Financial Condition.
Interest Income
88 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.