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Derivative Contract Information (Tables) | 6 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2018 | Sep. 30, 2017
Effect of Derivative Contracts on the Fund's Statement of Operations | For the three and six months ended March 31, 2018, the effect of derivative contracts on the Fund’s Statement of Operations was as follows:
Risk exposure derivative type |  | Location of Gain or Loss on Derivatives Recognized in Income |  | Three months ended Mar-31, 2018 |  |  | Three months ended Mar-31, 2017 |  |  | Six months ended Mar-31, 2018 |  |  | Six months ended Mar-31, 2017 |
(Amounts in 000’s of US$) |  |  |  |  |  |  |  |  |  |  |
Currency Risk |  | Net Realized gain/(loss) on Gold Delivery Agreement |  | $ | (415 | ) |  | $ | (86 | ) |  | $ | (533 | ) |  | $ | (86 | )
| For the fiscal period ended September 30, 2017, the effect of derivative contracts in the Fund’s Statement of Operations was as follows:
Risk exposure derivative type |  | Location of Gain or Loss on Derivatives Recognized in Income |  | Fiscal Period Ended Sept-30, 2017 |
(Amounts in 000’s of US$) |  |  |  |  |
Currency Risk |  | Net Realized gain/(loss) on Gold Delivery Agreement |  | $ | (1,833 | )
Summary of Average Daily Notional Value of Derivative Contracts Outstanding | The table below summarizes the average daily notional value of derivative contracts outstanding during the period:
|  | Three months ended Mar-31, 2018 |  |  | Fiscal period ended Sep-30, 2017 |
(Amounts in 000’s of US$) |  |  |  |  |  |
Average notional |  | $ | 18,106 |  |  | $ | 22,963 |
| The table below summarizes the average daily notional value of derivative contracts outstanding during the period:
|  | Fiscal Period Ended Sept-30, 2017 |
(Amounts in 000’s of US$) |  |  |
Average notional |  | $ | 22,963 |
Fund's OTC Derivative Assets and Liabilities | At March 31, 2018, as well as the fiscal period ended September 30, 2017, the Fund’s over-the-counter (“OTC”) derivative assets and liabilities are as follows:
|  | Gross Amounts of Assets and Liabilities Presented in the Statement of Financial Condition |
|  | Assetsa |  |  | Liabilitiesa |
Derivatives |  |  |  |  |  |  |  |
Gold Delivery Agreement |  | $ | — |  |  | $ | — |
a | Absent an event of default or early termination, OTC derivative assets and liabilities are presented gross and not offset on the Statement of Financial Condition.
| At September 30, 2017, the Fund’s over-the-counter (“OTC”) derivative assets and liabilities were as follows:
|  | Gross Amounts of Assets and Liabilities Presented in the Statement of Financial Condition |
|  | Assetsa |  |  | Liabilitiesa |
Derivatives |  |  |  |  |  |  |  |
Gold Delivery Agreement |  | $ | — |  |  | $ | — |
a | Absent an event of default or early termination, OTC derivative assets and liabilities are presented gross and not offset in the Statement of Financial Condition.
Fund's OTC Derivative Assets | At March 31, 2018, as well as the fiscal period ended September 30, 2017, the Fund’s OTC derivative assets, which may offset against the Fund’s OTC derivative liabilities and collateral received from the counterparty, are as follows:
|  |  |  |  | Amounts Not Offset in the Statement of Financial Condition |  |  |  |
|  | Gross Amounts of Assets Presented in the Statement of Financial Condition |  |  | Financial Instruments Available for Offset |  |  | Financial Instruments Collateral Received |  |  | Cash Collateral Received |  |  | Net Amount |
Counterparty |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Merrill Lynch International |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
| At September 30, 2017, the Fund’s OTC derivative assets, which may offset against the Fund’s OTC derivative liabilities and collateral received from the counterparty, were as follows:
|  |  |  |  | Amounts Not Offset in the Statement of Financial Condition |  |  |  |
|  | Gross Amounts of Assets Presented in the Statement of Financial Condition |  |  | Financial Instruments Available for Offset |  |  | Financial Instruments Collateral Received |  |  | Cash Collateral Received |  |  | Net Amount |
Counterparty |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Merrill Lynch International |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Fund's OTC Derivative Liabilities | At March 31, 2018, as well as the fiscal period ended September 30, 2017, the Fund’s OTC derivative liabilities, which may offset against the Fund’s OTC derivative assets and collateral pledged from the counterparty, are as follows:
|  |  |  |  | Amounts Not Offset in the Statement of Financial Condition |  |  |  |
|  | Gross Amounts of Liabilities Presented in the Statement of Financial Condition |  |  | Financial Instruments Available for Offset |  |  | Financial Instruments Collateral Pledged |  |  | Cash Collateral Pledged |  |  | Net Amount |
Counterparty |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Merrill Lynch International |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
| At September 30, 2017, the Fund’s OTC derivative liabilities, which may offset against the Fund’s OTC derivative assets and collateral pledged from the counterparty, were as follows:
|  |  |  |  | Amounts Not Offset in the Statement of Financial Condition |
|  | Gross Amounts of Liabilities Presented in the Statement of Financial Condition |  |  | Financial Instruments Available for Offset |  |  | Financial Instruments Collateral Pledged |  |  | Cash Collateral Pledged |  |  | Net Amount |
Counterparty |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Merrill Lynch International |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
SPDR Long Dollar Gold Trust [Member] |  |
Effect of Derivative Contracts on the Fund's Statement of Operations | For the three and six months ended March 31, 2018, the effect of derivative contracts on the Fund’s Statement of Operations was as follows:
Risk exposure derivative type |  | Location of Gain or Loss on Derivatives Recognized in Income |  | Three months ended Mar-31, 2018 |  |  | Three months ended Mar-31, 2017 |  |  | Six months ended Mar-31, 2018 |  |  | Six months ended Mar-31, 2017 |
(Amounts in 000’s of US$) |  |  |  |  |  |  |  |  |  |  |
Currency Risk |  | Net Realized gain/(loss) on Gold Delivery Agreement |  | $ | (415 | ) |  | $ | (86 | ) |  | $ | (533 | ) |  | $ | (86 | )
| For the fiscal period ended September 30, 2017, the effect of derivative contracts in the Fund’s Statement of Operations was as follows:
Risk exposure derivative type |  | Location of Gain or Loss on Derivatives Recognized in Income |  | Fiscal Period Ended Sept-30, 2017 |
(Amounts in 000’s of US$) |  |  |  |  |
Currency Risk |  | Net Realized gain/(loss) on Gold Delivery Agreement |  | $ | (1,833 | )
Summary of Average Daily Notional Value of Derivative Contracts Outstanding | The table below summarizes the average daily notional value of derivative contracts outstanding during the period:
|  | Three months ended Mar-31, 2018 |  |  | Fiscal period ended Sep-30, 2017 |
(Amounts in 000’s of US$) |  |  |  |  |  |
Average notional |  | $ | 18,106 |  |  | $ | 22,963 |
| The table below summarizes the average daily notional value of derivative contracts outstanding during the period:
|  | Fiscal Period Ended Sept-30, 2017 |
(Amounts in 000’s of US$) |  |  |
Average notional |  | $ | 22,963 |
Fund's OTC Derivative Assets and Liabilities | At March 31, 2018, as well as the fiscal period ended September 30, 2017, the Fund’s over-the-counter (“OTC”) derivative assets and liabilities are as follows:
|  | Gross Amounts of Assets and Liabilities Presented in the Statement of Financial Condition |
|  | Assetsa |  |  | Liabilitiesa |
Derivatives |  |  |  |  |  |  |  |
Gold Delivery Agreement |  | $ | — |  |  | $ | — |
a | Absent an event of default or early termination, OTC derivative assets and liabilities are presented gross and not offset on the Statement of Financial Condition.
| At September 30, 2017, the Fund’s over-the-counter (“OTC”) derivative assets and liabilities were as follows:
|  | Gross Amounts of Assets and Liabilities Presented in the Statement of Financial Condition |
|  | Assetsa |  |  | Liabilitiesa |
Derivatives |  |  |  |  |  |  |  |
Gold Delivery Agreement |  | $ | — |  |  | $ | — |
a | Absent an event of default or early termination, OTC derivative assets and liabilities are presented gross and not offset in the Statement of Financial Condition.
Fund's OTC Derivative Assets | At March 31, 2018, as well as the fiscal period ended September 30, 2017, the Fund’s OTC derivative assets, which may offset against the Fund’s OTC derivative liabilities and collateral received from the counterparty, are as follows:
|  |  |  |  | Amounts Not Offset in the Statement of Financial Condition |  |  |  |
|  | Gross Amounts of Assets Presented in the Statement of Financial Condition |  |  | Financial Instruments Available for Offset |  |  | Financial Instruments Collateral Received |  |  | Cash Collateral Received |  |  | Net Amount |
Counterparty |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Merrill Lynch International |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
| At September 30, 2017, the Fund’s OTC derivative assets, which may offset against the Fund’s OTC derivative liabilities and collateral received from the counterparty, were as follows:
|  |  |  |  | Amounts Not Offset in the Statement of Financial Condition |  |  |  |
|  | Gross Amounts of Assets Presented in the Statement of Financial Condition |  |  | Financial Instruments Available for Offset |  |  | Financial Instruments Collateral Received |  |  | Cash Collateral Received |  |  | Net Amount |
Counterparty |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Merrill Lynch International |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Fund's OTC Derivative Liabilities | At March 31, 2018, as well as the fiscal period ended September 30, 2017, the Fund’s OTC derivative liabilities, which may offset against the Fund’s OTC derivative assets and collateral pledged from the counterparty, are as follows:
|  |  |  |  | Amounts Not Offset in the Statement of Financial Condition |  |  |  |
|  | Gross Amounts of Liabilities Presented in the Statement of Financial Condition |  |  | Financial Instruments Available for Offset |  |  | Financial Instruments Collateral Pledged |  |  | Cash Collateral Pledged |  |  | Net Amount |
Counterparty |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Merrill Lynch International |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
| At September 30, 2017, the Fund’s OTC derivative liabilities, which may offset against the Fund’s OTC derivative assets and collateral pledged from the counterparty, were as follows:
|  |  |  |  | Amounts Not Offset in the Statement of Financial Condition |
|  | Gross Amounts of Liabilities Presented in the Statement of Financial Condition |  |  | Financial Instruments Available for Offset |  |  | Financial Instruments Collateral Pledged |  |  | Cash Collateral Pledged |  |  | Net Amount |
Counterparty |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Merrill Lynch International |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |

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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624171-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5618551-113959 + Details
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- Definition Tabular disclosure of derivative instruments (including nonderivative instruments that are designated and qualify as hedging instruments) of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5618551-113959 + Details
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