Canadian Dollar Deposits |
3 Months Ended |
|---|---|
Mar. 31, 2025 | |
| 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, 2025 was an annual nominal rate of 0.91%. For the three months ended March 31, 2025, there were Canadian Dollar principal deposits of 19,546,535 and Canadian Dollar principal redemptions of 9,773,267, resulting in an ending Canadian Dollar principal balance of 97,732,636. This equates to 67,905,253 USD. For the year ended December 31, 2024, there were Canadian Dollar principal deposits of 34,206,434 and Canadian Dollar principal redemptions of 48,866,326, resulting in an ending Canadian Dollar principal balance of 87,959,368. This equates to 61,159,344 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. |