Item 4. Controls and Procedures
Item 4. Controls and Procedures
The Trust maintains disclosure controls and procedures
that are designed to ensure that information required to be disclosed in its reports under the Securities Exchange Act of 1934, as amended
(the “Exchange Act”) is recorded, processed, summarized and reported within the time periods specified in the Securities and
Exchange Commission’s rules and forms, and that such information is accumulated and communicated to the principal executive officer
and principal financial officer of the Sponsor, and to the auditor, as appropriate, to allow timely decisions regarding required disclosure.
Under the supervision and with the participation
of the principal executive officer and principal financial officer of the Sponsor, the Sponsor conducted an evaluation of the Trust’s
disclosure controls and procedures, as defined under Exchange Act Rules 13a-15(e) and 15d-15(e). Based on this evaluation, the principal
executive officer and principal financial officer of the Sponsor concluded that, as of July 31, 2021, the Trust’s disclosure controls
and procedures were effective.
There have been no changes in the Trust’s
or Sponsor’s internal control over financial reporting that occurred during the Trust’s fiscal quarter ended July 31, 2020
that have materially affected, or are reasonably likely to materially affect, the Trust’s or Sponsor’s internal control over
financial reporting.
16
PART II—OTHER INFORMATION
Item 1. Legal Proceedings
None.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.