Indemnifications

9 Months Ended

Mar. 31, 2016

Indemnifications Disclosure [Text Block]

(8) Indemnifications

The Sponsor, either in its own capacity or in its capacity as the Sponsor and on behalf of the Fund, has entered into various service agreements that contain a variety of representations, or provide indemnification provisions related to certain risks service providers undertake in performing services which are in the best interests of the Fund. As of March 31, 2016, the Fund had not received any claims or incurred any losses pursuant to these agreements and expects the risk of such losses to be remote.