XML 16 R9.htm IDEA: XBRL DOCUMENT v2.4.0.6
Euro Deposits
3 Months Ended
Jan. 31, 2013
Euro Deposits [Abstract]  
Euro Deposits

3. Euro Deposits

Euro principal deposits are held in a euro-denominated, interest-bearing demand account. The interest rate in effect as of January 31, 2013 was an annual nominal rate of 0.00%. For the three months ended January 31, 2013, there were euro principal deposits of 238,182,268, euro principal redemptions of 238,197,717 and euro withdrawals (to pay expenses) of 200,733, resulting in an ending euro principal balance of 203,465,979. This equates to 276,184,540 USD (which includes USD subscriptions receivable). For the year ended October 31, 2012, there were euro principal deposits of 1,278,954,563, euro principal redemptions of 1,258,988,057 and euro withdrawals (to pay expenses) of 558,994, resulting in an ending euro principal balance of 203,682,161. This equates to 263,931,355 USD.

Net interest, if any, associated with creation and redemption activity is held in a euro-denominated non-interest-bearing account, and any balance is distributed in full as part of the monthly income distributions, if any.