Invesco CurrencyShares Swiss Franc Trust
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
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FY2023 · Filed Feb 23, 2024
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Item 11. EXECUTIVE COMPENSATION
The Trust has no employees, officers or directors. The Sponsor receives a Sponsor’s fee, which accrues daily at an annual nominal rate of 0.40% of the Swiss Francs 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, 2023, the Trust incurred Sponsor’s fees of $771,974 of which $705,819 had been paid at December 31, 2023. Sponsor’s fees of $66,155 were unpaid at December 31, 2023 and are reported as a liability on the Statement of Financial Condition.
For the year ended December 31, 2022, the Trust incurred Sponsor’s fees of $929,886 of which $856,008 had been paid at December 31, 2022. Sponsor’s fees of $73,878 were unpaid at December 31, 2022 and are reported as a liability on the Statement of Financial Condition.
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