Company: FXC
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027265
Chunk: 5

Company: Invesco CurrencyShares Canadian Dollar Trust
Filing Date: 2025-02-26
Form: 10-K
Item: Item 11
Chunk 5
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The Trust has no employees, officers or directors. None of the managers or officers of the Sponsor receive compensation (including in the form of equity award grants) from the Trust. The Sponsor receives a Sponsor’s fee, which accrues daily at an annual nominal rate of 0.40% of the Canadian Dollars in the Trust (including all unpaid interest but excluding unpaid fees, each as accrued through the immediately preceding day) and is paid monthly. 

For the year ended December 31, 2024, the Trust incurred Sponsor’s fees of $248,239 of which $227,507 had been paid at December 31, 2024. Sponsor’s fees of $20,732 were unpaid at December 31, 2024 and are reported as a liability on the Statement of Financial Condition. 

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For the year ended December 31, 2023, the Trust incurred Sponsor’s fees of $353,671 of which $327,530 had been paid at December 31, 2023. Sponsor’s fees of $26,141 were unpaid at December 31, 2023 and are reported as a liability on the Statement of Financial Condition.