Australian Dollar Deposits |
3 Months Ended |
|---|---|
Mar. 31, 2025 | |
| 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, 2025 was an annual nominal rate of 1.72%. For the three months ended March 31, 2025, there were Australian Dollar principal deposits of 4,949,033 and Australian Dollar principal redemptions of 9,898,066, resulting in an ending Australian Dollar principal balance of 98,980,662. This equates to 61,679,801 USD. For the year ended December 31, 2024, there were Australian Dollar principal deposits of 54,439,364 and Australian Dollar principal redemptions of 64,337,430 resulting in an ending Australian Dollar principal balance of 103,929,695. This equates to 64,347,970 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. |