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Canadian Dollar Deposits
3 Months Ended
Mar. 31, 2021
Cash And Cash Equivalents [Abstract]  
Canadian Dollar Deposits

Note 4 - Canadian Dollar Deposits

Canadian Dollar principal deposits are held in a Canadian Dollar-denominated, interest-bearing demand account. The interest rate in effect as of March 31, 2021 was an annual nominal rate of 0.00%. For the three months ended March 31, 2021, there were Canadian Dollar principal deposits of 78,638,110, Canadian Dollar principal redemptions of 44,223,050 and Canadian Dollar withdrawals (to pay expenses) of 193,970, resulting in an ending Canadian Dollar principal balance of 226,070,303. This equates to 179,870,552 USD. For the year ended December 31, 2020, there were Canadian Dollar principal deposits of 98,523,433 and Canadian Dollar principal redemptions of 59,135,871 and Canadian Dollar withdrawals (to pay expenses) of 439,240, resulting in an ending Canadian Dollar principal balance of 191,849,213. This equates to 150,588,080 USD.

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