Invesco CurrencyShares Canadian Dollar Trust

Invesco CurrencyShares Canadian Dollar Trust

Invesco CurrencyShares Canadian Dollar Trust began trading on the NYSE Arca in 2006 under ticker FXC. The trust is structured as a grantor trust and holds Canadian dollar-denominated deposit accounts at JPMorgan Chase Bank. Its sole investment objective is to mirror the daily change in the Canadian dollar versus the U.S. dollar as measured by the noon buying rate from the Federal Reserve. The trust does not actively deploy capital into companies or other asset classes. It maintains a portfolio of Canadian currency deposits and accrues interest income from those deposits. Geographic exposure is limited to Canada and the United States via the currency pair. No named portfolio companies, deals, or co-investors exist because the fund does not invest in equities or debt securities. Invesco Ltd. sponsors and manages the trust, but the vehicle has no disclosed team size or professionals dedicated solely to it. The trust's administrative and marketing functions are handled by Invesco's broader ETF platform. No adjacent vehicles or philanthropic structures are specifically tied to this trust. The structural differentiator of the CurrencyShares Canadian Dollar Trust is that it is a grantor trust—not an open-end mutual fund. This structure allows direct ownership of the underlying currency, with shareholders considered direct holders of the Canadian dollar deposits for tax purposes. That tax treatment distinguishes it from conventional currency futures or forex-based ETFs.