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Canadian Dollar Deposits
6 Months Ended
Jun. 30, 2022
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 June 30, 2022 was an annual nominal rate of 0.00%. For the six months ended June 30, 2022, there were Canadian Dollar principal deposits of 24,474,357, Canadian Dollar principal redemptions of 73,376,462 and Canadian Dollar withdrawals (to pay expenses) of 355,770, resulting in an ending Canadian Dollar principal balance of 127,141,491. This equates to $98,563,116 USD. For the year ended December 31, 2021, there were Canadian Dollar principal deposits of 250,322,349 and Canadian Dollar principal redemptions of 264,885,208 and Canadian Dollar withdrawals (to pay expenses) of 886,988, resulting in an ending Canadian Dollar principal balance of 176,399,366. This equates to 139,650,371 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.