Company: FXB
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027271
Chunk: 5

Company: Invesco CurrencyShares British Pound Sterling 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 British Pound Sterling 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 $257,872 of which $237,466 had been paid at December 31, 2024. Sponsor’s fees of $20,406 were unpaid at December 31, 2024 and are reported as a liability on the Statement of Financial Condition. 

For the year ended December 31, 2023, the Trust incurred Sponsor’s fees of $400,918 of which $370,010 had been paid at December 31, 2023. Sponsor’s fees of $30,908 were unpaid at December 31, 2023 and are reported as a liability on the Statement of Financial Condition.

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