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Australian Dollar Deposits
3 Months Ended
Mar. 31, 2022
Cash And Cash Equivalents [Abstract]  
Australian Dollar Deposits

Note 4 – Australian Dollar Deposits

Australian Dollar principal deposits are held in an Australian Dollar-denominated, interest-bearing demand account. The interest rate in effect as of March 31, 2022 was an annual nominal rate of 0.00%. For the three months ended March 31, 2022, there were Australian Dollar principal deposits of 4,957,850, Australian Dollar principal redemptions of 4,960,081 and Australian Dollar withdrawals (to pay expenses) of 138,969, resulting in an ending Australian Dollar principal balance of 133,881,737. This equates to 100,538,232 USD. For the year ended December 31, 2021, there were Australian Dollar principal deposits of 14,935,112, Australian Dollar, principal redemptions of 84,490,117 and Australian Dollar withdrawals (to pay expenses) of 745,508, resulting in an ending Australian Dollar principal balance of 134,022,937. This equates to 97,441,463 USD.     

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