Invesco CurrencyShares Singapore Dollar Trust (FXSG) 10-K 12 Jan 17 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Oct. 31, 2016	Dec. 31, 2016	Apr. 30, 2016
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Oct. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Trading Symbol	FXSG
Entity Registrant Name	CurrencyShares Singapore Dollar Trust
Entity Central Index Key	1,433,994
Current Fiscal Year End Date	--10-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		50,000
Entity Public Float			$ 3,700,000

Statements of Financial Conditi

Statements of Financial Condition - USD ($)	Oct. 31, 2016	Oct. 31, 2015
Current Assets:
Singapore Dollar deposits, interest bearing	$ 3,542,992	$ 3,533,823
Singapore Dollar deposits, non-interest bearing	0	0
Receivable from accrued interest		297
Total Current Assets	3,542,992	3,534,120
Current Liabilities:
Accrued Sponsor's fee	1,200	1,200
Total Current Liabilities	1,200	1,200
Commitments and Contingent Liabilities (note 9)
Redeemable Capital Shares, at redemption value, no par value, 15,150,000 authorized - 50,000 issued and outstanding	3,541,792	3,532,920
Shareholders' Equity:
Retained Earnings	0	0
Cumulative Translation Adjustment	0	0
Total Liabilities, Redeemable Capital Shares and Shareholders' Equity	$ 3,542,992	$ 3,534,120

Statements of Financial Condit3

Statements of Financial Condition (Parenthetical) - $ / shares	Oct. 31, 2016	Oct. 31, 2015
Statement of Financial Position [Abstract]
Redeemable Capital Shares, no par value	$ 0	$ 0
Redeemable Capital Shares, shares authorized	15,150,000	15,150,000
Redeemable Capital Shares, shares issued	50,000	50,000
Redeemable Capital Shares, shares outstanding	50,000	50,000

Statements of Comprehensive Inc

Statements of Comprehensive Income - USD ($)	3 Months Ended								12 Months Ended
	Oct. 31, 2016	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2016	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Income
Interest Income		$ 172	$ 209	$ 848	$ 518	$ 496	$ 737	$ 21	$ 1,229	$ 1,772	$ 1
Total Income		172	209	848	518	496	737	21	1,229	1,772	1
Expenses
Sponsor's fee	$ (3,637)	(3,656)	(3,534)	(3,507)	(3,555)	(3,910)	(7,107)	(7,601)	(14,334)	(22,173)	(31,635)
Total Expenses	(3,637)	(3,656)	(3,534)	(3,507)	(3,555)	(3,910)	(7,107)	(7,601)	(14,334)	(22,173)	(31,635)
Net Loss	$ (3,637)	$ (3,484)	$ (3,325)	$ (2,659)	$ (3,037)	$ (3,414)	$ (6,370)	$ (7,580)	$ (13,105)	$ (20,401)	$ (31,634)
Basic and Diluted Earnings per Share	$ (0.07)	$ (0.07)	$ (0.07)	$ (0.05)	$ (0.06)	$ (0.07)	$ (0.06)	$ (0.08)	$ (0.26)	$ (0.27)	$ (0.32)
Weighted-average Shares Outstanding	50,000	50,000	50,000	50,000	50,000	52,174	100,000	100,000	50,000	75,342	100,000
Cash Dividends per Share	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0
Other Comprehensive (Loss)/Income:
Currency translation adjustment	$ 74	$ (38)	$ (78)	$ 10	$ (7)	$ 53	$ (176)	$ 204	$ (32)	$ 74	$ 207
Total Comprehensive Loss	$ (3,563)	$ (3,522)	$ (3,403)	$ (2,649)	$ (3,044)	$ (3,361)	$ (6,546)	$ (7,376)	$ (13,137)	$ (20,327)	$ (31,427)

Statements of Changes in Shareh

Statements of Changes in Shareholders' Equity - USD ($)	Total	Retained Earnings [Member]	Cumulative Translation Adjustment [Member]
Beginning of Year at Oct. 31, 2013		$ 0	$ 0
Net Loss	$ (31,634)	(31,634)
Currency translation adjustment	207		207
Adjustment of redeemable capital shares to redemption value		31,634	(207)
End of Year at Oct. 31, 2014		0	0
Net Loss	(20,401)	(20,401)
Currency translation adjustment	74		74
Adjustment of redeemable capital shares to redemption value		20,401	(74)
End of Year at Oct. 31, 2015		0	0
Net Loss	(13,105)	(13,105)
Currency translation adjustment	$ (32)		(32)
Adjustment of redeemable capital shares to redemption value		13,105	32
End of Year at Oct. 31, 2016		$ 0	$ 0

Statements of Cash Flows

Statements of Cash Flows	12 Months Ended
	Oct. 31, 2016USD ($)	Oct. 31, 2015USD ($)	Oct. 31, 2014USD ($)
Cash flows from operating activities
Cash received for accrued income	$ 1,552	$ 1,481	$ 1
Cash paid for expenses	(14,336)	(23,307)	(31,646)
Net cash used in operating activities	(12,784)	(21,826)	(31,645)
Cash flows from financing activities
Cash paid to redeem redeemable shares		(3,651,831)
Net cash used in financing activities		(3,651,831)
Adjustment to period cash flows due to currency movement	21,953	(521,036)	(281,784)
Increase/(Decrease) in cash	9,169	(4,194,693)	(313,429)
Cash at beginning of year	3,533,823	7,728,516	8,041,945
Cash at end of year	3,542,992	3,533,823	7,728,516
Reconciliation of net loss to net cash used in operating activities
Net Loss	(13,105)	(20,401)	(31,634)
Adjustments to reconcile net loss to net cash used in operating activities:
Receivable from accrued interest		(297)
Prior period receivable from accrued interest	297
Currency translation adjustment	24	297	96
Accrued sponsor fee	1,200	1,200	2,625
Prior period accrued sponsor fee	(1,200)	(2,625)	(2,732)
Net cash used in operating activities	$ (12,784)	$ (21,826)	$ (31,645)

Organization and Description of

Organization and Description of the Trust	12 Months Ended
	Oct. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Description of the Trust	1. Organization and Description of the Trust The CurrencyShares ® day-to-day The investment objective of the Trust is for the Trust’s shares (the “Shares”) to reflect the price in USD of the Singapore Dollar plus accrued interest, if any, less the Trust’s expenses and liabilities. The Shares are intended to provide investors with a simple, cost-effective means of gaining investment benefits similar to those of holding Singapore Dollar. The Trust’s assets primarily consist of Singapore Dollars on demand deposit in two deposit accounts maintained by the Depository: a primary deposit account which may earn interest and a secondary deposit account which does not earn interest. The secondary deposit account is used to account for any interest that may be received and paid out on creations and redemptions of blocks of 50,000 Shares (“Baskets”). The secondary account is also used to account for interest earned, if any, on the primary deposit account, pay Trust expenses and distribute any excess interest to holders of Shares (“Shareholders”) on a monthly basis. The accompanying audited financial statements were prepared in accordance with accounting principles generally accepted in the United States.

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Oct. 31, 2016
Accounting Policies [Abstract]
Significant Accounting Policies	2. Significant Accounting Policies A. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of the assets, liabilities and disclosures of contingent liabilities at the date of the financial statements, the reported amounts of revenue and expenses during the period and the evaluation of subsequent events through the issuance date of the financial statements. Actual results could differ from those estimates. B. Foreign Currency Translation The Trustee calculates the Trust’s net asset value (“NAV”) each business day, as described in Note 4. For NAV calculation purposes, Singapore Dollar deposits (cash) are translated at the Closing Spot Rate, which is the USD/Singapore Dollar exchange rate as determined by The WM Company at 4:00 PM (London time / London fixing) on each day that NYSE Arca is open for regular trading. The functional currency of the Trust is the Singapore Dollar in accordance with generally accepted accounting standards. For financial statement reporting purposes, the U.S. Dollar is the reporting currency. As a result, the financial records of the Trust are translated from Singapore Dollar to USD. The Closing Spot Rate on the last day of the period is used for translation in the statements of financial condition. The average Closing Spot Rate for the period is used for translation in the statements of comprehensive income and the statements of cash flows. Any currency translation adjustment is included in comprehensive income. C. Federal Income Taxes The Trust is treated as a “grantor trust” for federal income tax purposes and, therefore, no provision for federal income taxes is required. Interest, gains and losses are passed through to the Shareholders. Shareholders generally will be treated, for U.S. federal income tax purposes, as if they directly owned a pro-rata pro-rata pro-rata The Sponsor’s fee accrues daily and is payable monthly. For U.S. federal income tax purposes, an accrual-basis U.S. Shareholder generally will be required to take into account as an expense its allocable portion of the USD-equivalent USD-equivalent The Trust does not expect to generate taxable income except for interest income (if any) and gain (if any) upon the sale of Singapore Dollar. A non-U.S. non-U.S. non-U.S. A non-U.S. non-U.S. non-U.S. D. Revenue Recognition Interest on the primary deposit account, if any, accrues daily as earned and is received or paid on a monthly basis. Any interest below zero for the period is reflected as interest expense. E. Dividends To the extent that the interest earned by the Trust, if any, exceeds the sum of the Sponsor’s fee for the prior month plus other Trust expenses, if any, the Trust will distribute, as a dividend (herein referred to as dividends or distributions), the excess interest earned in Singapore Dollar effective on the first business day of the subsequent month. The Trustee will direct that the excess Singapore Dollar be converted into USD at the prevailing market rate and the Trustee will distribute the USD as promptly as practicable to Shareholders on a pro-rata

Singapore Dollar Deposits

Singapore Dollar Deposits	12 Months Ended
	Oct. 31, 2016
Cash and Cash Equivalents [Abstract]
Singapore Dollar Deposits	3. Singapore Dollar Deposits Singapore Dollar principal deposits are held in a Singapore Dollar-denominated, interest-bearing demand account. The interest rate in effect as of October 31, 2016 was an annual nominal rate of 0.00%. For the year ended October 31, 2016, there were no Singapore Dollar principal deposits, no Singapore Dollar principal redemptions and Singapore Dollar withdrawals (to pay expenses) of 17,629, resulting in an ending Singapore Dollar principal balance of 4,931,491. This equates to 3,542,992 USD. For the year ended October 31, 2015, there were no Singapore Dollar principal deposits, Singapore Dollar principal redemptions of 4,956,265 and Singapore Dollar withdrawals (to pay expenses) of 29,622, resulting in an ending Singapore Dollar principal balance of 4,949,120. This equates to 3,533,823 USD. For the year ended October 31, 2014, there were no Singapore Dollar principal deposits, no Singapore Dollar principal redemptions and Singapore Dollar withdrawals (to pay expenses) of 39,819, resulting in an ending Singapore Dollar principal balance of 9,935,007. This equates to 7,728,516 USD. Net interest, if any, associated with creation and redemption activity is held in a Singapore Dollar-denominated non-interest-bearing

Redeemable Capital Shares

Redeemable Capital Shares	12 Months Ended
	Oct. 31, 2016
Equity [Abstract]
Redeemable Capital Shares	4. Redeemable Capital Shares Shares are classified as “redeemable” for financial statement purposes, since they are subject to redemption. Shares are issued and redeemed continuously in Baskets in exchange for Singapore Dollar. Individual investors cannot purchase or redeem Shares in direct transactions with the Trust. Only Authorized Participants (as defined below) may place orders to create and redeem Baskets. An Authorized Participant is a Depository Trust Company (“DTC”) participant that is a registered broker-dealer or other institution eligible to settle securities transactions through the book-entry facilities of the DTC and which has entered into a contractual arrangement with the Trust and the Sponsor governing, among other matters, the creation and redemption process. Authorized Participants may redeem their Shares at any time in Baskets. Due to expected continuing creations and redemptions of Baskets and the three-day Activity in redeemable capital Shares is as follows: Year ended Year ended Year ended October 31, 2016 October 31, 2015 October 31, 2014 Shares U.S. Dollar Shares U.S. Dollar Shares U.S. Dollar Opening balance 50,000 $ 3,532,920 100,000 $ 7,725,891 100,000 $ 8,039,213 Shares issued — — — — — — Shares redeemed — — (50,000 ) (3,651,831 ) — — Adjustment to period Shares due to currency movement and other — 8,872 — (541,140 ) — (313,322 ) Ending balance 50,000 $ 3,541,792 50,000 $ 3,532,920 100,000 $ 7,725,891 The Trustee calculates the Trust’s NAV each business day. To calculate the NAV, the Trustee subtracts the Sponsor’s accrued fee through the previous day from the Singapore Dollar held by the Trust (including all unpaid interest, if any, accrued through the preceding day) and calculates the value of the Singapore Dollar in USD based upon the Closing Spot Rate. If, on a particular evaluation day, the Closing Spot Rate has not been determined and announced by 6:00 PM (London time), then the most recent Closing Spot Rate will be used to determine the NAV of the Trust unless the Trustee, in consultation with the Sponsor, determines that such price is inappropriate to use as the basis for the valuation. If the Trustee and the Sponsor determine that the most recent Closing Spot Rate is not an appropriate basis for valuation of the Trust’s Singapore Dollar, they will determine an alternative basis for the valuation. The Trustee also determines the NAV per Share, which equals the NAV of the Trust, divided by the number of outstanding Shares. Shares deliverable under a purchase order are considered outstanding for purposes of determining NAV per Share; Shares deliverable under a redemption order are not considered outstanding for this purpose.

Selected Quarterly Information

Selected Quarterly Information (Unaudited)	12 Months Ended
	Oct. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Selected Quarterly Information (Unaudited)	5. Selected Quarterly Information (Unaudited) Fiscal Period Ended October 31, 2016: Three months Three months Three months Three months October 31, 2016 July 31, 2016 April 30, 2016 January 31, 2016 Income Interest Income $ — $ 172 $ 209 $ 848 Total Income — 172 209 848 Expenses Sponsor’s fee (3,637 ) (3,656 ) (3,534 ) (3,507 ) Total Expenses (3,637 ) (3,656 ) (3,534 ) (3,507 ) Net Loss $ (3,637 ) $ (3,484 ) $ (3,325 ) $ (2,659 ) Basic and Diluted Earnings per Share $ (0.07 ) $ (0.07 ) $ (0.07 ) $ (0.05 ) Weighted-average Shares Outstanding 50,000 50,000 50,000 50,000 Cash Dividends per Share $ — $ — $ — $ — Other Comprehensive Income/(Loss): Currency translation adjustment 74 (38 ) (78 ) 10 Total Comprehensive Loss $ (3,563 ) $ (3,522 ) $ (3,403 ) $ (2,649 ) Fiscal Period Ended October 31, 2015: Three months Three months Three months Three months October 31, 2015 July 31, 2015 April 30, 2015 January 31, 2015 Income Interest Income $ 518 $ 496 $ 737 $ 21 Total Income 518 496 737 21 Expenses Sponsor’s fee (3,555 ) (3,910 ) (7,107 ) (7,601 ) Total Expenses (3,555 ) (3,910 ) (7,107 ) (7,601 ) Net Loss $ (3,037 ) $ (3,414 ) $ (6,370 ) $ (7,580 ) Basic and Diluted Earnings per Share $ (0.06 ) $ (0.07 ) $ (0.06 ) $ (0.08 ) Weighted-average Shares Outstanding 50,000 52,174 100,000 100,000 Cash Dividends per Share $ — $ — $ — $ — Other Comprehensive (Loss)/Income: Currency translation adjustment (7 ) 53 (176 ) 204 Total Comprehensive Loss $ (3,044 ) $ (3,361 ) $ (6,546 ) $ (7,376 )

Sponsor's Fee

Sponsor's Fee	12 Months Ended
	Oct. 31, 2016
Payables and Accruals [Abstract]
Sponsor's Fee	6. Sponsor’s Fee The Sponsor’s fee accrues daily at an annual nominal rate of 0.40% of the Singapore Dollars in the Trust (including all unpaid interest but excluding unpaid fees, each as accrued through the immediately preceding day) and is paid monthly. The Sponsor assumes and pays the following administrative and marketing expenses incurred by the Trust: the Trustee’s monthly fee, NYSE Arca listing fees, SEC registration fees, typical maintenance and transaction fees of the Depository, printing and mailing costs, audit fees and expenses, up to $100,000 per year in legal fees and expenses, and applicable license fees. In certain exceptional cases the Trust will pay for some expenses in addition to the Sponsor’s fee. These exceptions include expenses not assumed by the Sponsor (i.e., expenses other than those identified in the preceding paragraph), expenses resulting from a negative interest rate, taxes and governmental charges, expenses and costs of any extraordinary services performed by the Trustee or the Sponsor on behalf of the Trust or action taken by the Trustee or the Sponsor to protect the Trust or the interests of Shareholders, indemnification of the Sponsor under the Depositary Trust Agreement, audit fees and legal expenses in excess of $100,000 per year.

Related Parties

Related Parties	12 Months Ended
	Oct. 31, 2016
Related Party Transactions [Abstract]
Related Parties	7. Related Parties The Sponsor is a related party of the Trust. The Sponsor oversees the performance of the Trustee and the Trust’s principal service providers, including the preparation of financial statements, but does not exercise day-to-day

Concentration Risk

Concentration Risk	12 Months Ended
	Oct. 31, 2016
Risks and Uncertainties [Abstract]
Concentration Risk	8. Concentration Risk All of the Trust’s assets are Singapore Dollars, which creates a concentration risk associated with fluctuations in the price of the Singapore Dollar. Accordingly, a decline in the Singapore Dollar to USD exchange rate will have an adverse effect on the value of the Shares. Factors that may have the effect of causing a decline in the price of the Singapore Dollar include national debt levels and trade deficits, domestic and foreign inflation rates, domestic and foreign interest rates, investment and trading activities of institutions and global or regional political, economic or financial events and situations. Substantial sales of Singapore Dollars by the official sector (central banks, other governmental agencies and related institutions that buy, sell and hold Singapore Dollars as part of their reserve assets) could adversely affect an investment in the Shares. All of the Trust’s Singapore Dollars are held by the Depository. Accordingly, a risk associated with the concentration of the Trust’s assets in accounts held by a single financial institution exists and increases the potential for loss by the Trust and the Trust’s beneficiaries in the event that the Depository becomes insolvent.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Oct. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	9. Commitments and Contingencies Under the Trust’s organizational documents, the Sponsor is indemnified against any liability or expense it incurs without negligence, bad faith or willful misconduct on its part. The Trust’s maximum exposure under this arrangement is unknown, as this would involve future claims that may be made against the Trust that have not yet occurred.

Significant Accounting Polici16

Significant Accounting Policies (Policies)	12 Months Ended
	Oct. 31, 2016
Accounting Policies [Abstract]
Use of Estimates	A. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of the assets, liabilities and disclosures of contingent liabilities at the date of the financial statements, the reported amounts of revenue and expenses during the period and the evaluation of subsequent events through the issuance date of the financial statements. Actual results could differ from those estimates.
Foreign Currency Translation	B. Foreign Currency Translation The Trustee calculates the Trust’s net asset value (“NAV”) each business day, as described in Note 4. For NAV calculation purposes, Singapore Dollar deposits (cash) are translated at the Closing Spot Rate, which is the USD/Singapore Dollar exchange rate as determined by The WM Company at 4:00 PM (London time / London fixing) on each day that NYSE Arca is open for regular trading. The functional currency of the Trust is the Singapore Dollar in accordance with generally accepted accounting standards. For financial statement reporting purposes, the U.S. Dollar is the reporting currency. As a result, the financial records of the Trust are translated from Singapore Dollar to USD. The Closing Spot Rate on the last day of the period is used for translation in the statements of financial condition. The average Closing Spot Rate for the period is used for translation in the statements of comprehensive income and the statements of cash flows. Any currency translation adjustment is included in comprehensive income.
Federal Income Taxes	C. Federal Income Taxes The Trust is treated as a “grantor trust” for federal income tax purposes and, therefore, no provision for federal income taxes is required. Interest, gains and losses are passed through to the Shareholders. Shareholders generally will be treated, for U.S. federal income tax purposes, as if they directly owned a pro-rata pro-rata pro-rata The Sponsor’s fee accrues daily and is payable monthly. For U.S. federal income tax purposes, an accrual-basis U.S. Shareholder generally will be required to take into account as an expense its allocable portion of the USD-equivalent USD-equivalent The Trust does not expect to generate taxable income except for interest income (if any) and gain (if any) upon the sale of Singapore Dollar. A non-U.S. non-U.S. non-U.S. A non-U.S. non-U.S. non-U.S.
Revenue Recognition	D. Revenue Recognition Interest on the primary deposit account, if any, accrues daily as earned and is received or paid on a monthly basis. Any interest below zero for the period is reflected as interest expense.
Dividends	E. Dividends To the extent that the interest earned by the Trust, if any, exceeds the sum of the Sponsor’s fee for the prior month plus other Trust expenses, if any, the Trust will distribute, as a dividend (herein referred to as dividends or distributions), the excess interest earned in Singapore Dollar effective on the first business day of the subsequent month. The Trustee will direct that the excess Singapore Dollar be converted into USD at the prevailing market rate and the Trustee will distribute the USD as promptly as practicable to Shareholders on a pro-rata

Redeemable Capital Shares (Tabl

Redeemable Capital Shares (Tables)	12 Months Ended
	Oct. 31, 2016
Equity [Abstract]
Schedule for Redeemable Capital Shares Activity	Activity in redeemable capital Shares is as follows: Year ended Year ended Year ended October 31, 2016 October 31, 2015 October 31, 2014 Shares U.S. Dollar Shares U.S. Dollar Shares U.S. Dollar Opening balance 50,000 $ 3,532,920 100,000 $ 7,725,891 100,000 $ 8,039,213 Shares issued — — — — — — Shares redeemed — — (50,000 ) (3,651,831 ) — — Adjustment to period Shares due to currency movement and other — 8,872 — (541,140 ) — (313,322 ) Ending balance 50,000 $ 3,541,792 50,000 $ 3,532,920 100,000 $ 7,725,891

Selected Quarterly Informatio18

Selected Quarterly Information (Unaudited) (Tables)	12 Months Ended
	Oct. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Selected Quarterly Information (Unaudited)	Fiscal Period Ended October 31, 2016: Three months Three months Three months Three months October 31, 2016 July 31, 2016 April 30, 2016 January 31, 2016 Income Interest Income $ — $ 172 $ 209 $ 848 Total Income — 172 209 848 Expenses Sponsor’s fee (3,637 ) (3,656 ) (3,534 ) (3,507 ) Total Expenses (3,637 ) (3,656 ) (3,534 ) (3,507 ) Net Loss $ (3,637 ) $ (3,484 ) $ (3,325 ) $ (2,659 ) Basic and Diluted Earnings per Share $ (0.07 ) $ (0.07 ) $ (0.07 ) $ (0.05 ) Weighted-average Shares Outstanding 50,000 50,000 50,000 50,000 Cash Dividends per Share $ — $ — $ — $ — Other Comprehensive Income/(Loss): Currency translation adjustment 74 (38 ) (78 ) 10 Total Comprehensive Loss $ (3,563 ) $ (3,522 ) $ (3,403 ) $ (2,649 ) Fiscal Period Ended October 31, 2015: Three months Three months Three months Three months October 31, 2015 July 31, 2015 April 30, 2015 January 31, 2015 Income Interest Income $ 518 $ 496 $ 737 $ 21 Total Income 518 496 737 21 Expenses Sponsor’s fee (3,555 ) (3,910 ) (7,107 ) (7,601 ) Total Expenses (3,555 ) (3,910 ) (7,107 ) (7,601 ) Net Loss $ (3,037 ) $ (3,414 ) $ (6,370 ) $ (7,580 ) Basic and Diluted Earnings per Share $ (0.06 ) $ (0.07 ) $ (0.06 ) $ (0.08 ) Weighted-average Shares Outstanding 50,000 52,174 100,000 100,000 Cash Dividends per Share $ — $ — $ — $ — Other Comprehensive (Loss)/Income: Currency translation adjustment (7 ) 53 (176 ) 204 Total Comprehensive Loss $ (3,044 ) $ (3,361 ) $ (6,546 ) $ (7,376 )

Organization and Description 19

Organization and Description of the Trust - Additional Information (Detail)	12 Months Ended
	Oct. 31, 2016SGDAccountsshares
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization formation date	Aug. 7, 2008
Initial deposits by sponsor, primary deposit account | SGD	SGD 100
Number of deposits accounts in which trust's assets primarily consist of Singapore Dollars | Accounts	2
Redemptions Capital Shares, Number of shares in each Block | shares	50,000

Significant Accounting Polici20

Significant Accounting Policies - Additional Information (Detail)	12 Months Ended
	Oct. 31, 2016SGD
Accounting Policies [Abstract]
Provision for federal income taxes	SGD 0
Minimum days required to stay for tax liability	183 days

Singapore Dollar Deposits - Add

Singapore Dollar Deposits - Additional Information (Detail)	12 Months Ended
	Oct. 31, 2016USD ($)	Oct. 31, 2016SGD	Oct. 31, 2015USD ($)	Oct. 31, 2015SGD	Oct. 31, 2014USD ($)	Oct. 31, 2014SGD	Oct. 31, 2016SGD	Oct. 31, 2015SGD	Oct. 31, 2014SGD
Cash and Cash Equivalents [Abstract]
Principal deposits		SGD 0		SGD 0		SGD 0
Principal redemptions		0	$ 3,651,831	4,956,265		0
Withdrawals (to pay expenses)	$ 14,336	SGD 17,629	23,307	SGD 29,622	$ 31,646	SGD 39,819
Deposits, interest bearing	$ 3,542,992		$ 3,533,823		$ 7,728,516		SGD 4,931,491	SGD 4,949,120	SGD 9,935,007
Annual nominal rate	0.00%	0.00%

Redeemable Capital Shares - Add

Redeemable Capital Shares - Additional Information (Detail)	12 Months Ended
	Oct. 31, 2016
Temporary Equity Disclosure [Abstract]
Redeemable Capital Shares, Settlement of each creation or redemption period	3 days

Redeemable Capital Shares - Act

Redeemable Capital Shares - Activity in Redeemable Capital Shares (Detail) - USD ($)	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Temporary Equity Disclosure [Abstract]
Opening balance, Shares	50,000	100,000	100,000
Shares issued, Shares	0	0	0
Shares redeemed, Shares		(50,000)
Ending balance, Shares	50,000	50,000	100,000
Opening balance, Amount	$ 3,532,920	$ 7,725,891	$ 8,039,213
Shares issued, Amount	0	0	0
Shares redeemed, Amount		(3,651,831)
Adjustment to period Shares due to currency movement and other, Amount	8,872	(541,140)	(313,322)
Ending balance, Amount	$ 3,541,792	$ 3,532,920	$ 7,725,891

Selected Quarterly Informatio24

Selected Quarterly Information (Unaudited) - Selected Quarterly Information (Unaudited) (Detail) - USD ($)	3 Months Ended								12 Months Ended
	Oct. 31, 2016	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2016	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Income
Interest Income		$ 172	$ 209	$ 848	$ 518	$ 496	$ 737	$ 21	$ 1,229	$ 1,772	$ 1
Total Income		172	209	848	518	496	737	21	1,229	1,772	1
Expenses
Sponsor's fee	$ (3,637)	(3,656)	(3,534)	(3,507)	(3,555)	(3,910)	(7,107)	(7,601)	(14,334)	(22,173)	(31,635)
Total Expenses	(3,637)	(3,656)	(3,534)	(3,507)	(3,555)	(3,910)	(7,107)	(7,601)	(14,334)	(22,173)	(31,635)
Net Loss	$ (3,637)	$ (3,484)	$ (3,325)	$ (2,659)	$ (3,037)	$ (3,414)	$ (6,370)	$ (7,580)	$ (13,105)	$ (20,401)	$ (31,634)
Basic and Diluted Earnings per Share	$ (0.07)	$ (0.07)	$ (0.07)	$ (0.05)	$ (0.06)	$ (0.07)	$ (0.06)	$ (0.08)	$ (0.26)	$ (0.27)	$ (0.32)
Weighted-average Shares Outstanding	50,000	50,000	50,000	50,000	50,000	52,174	100,000	100,000	50,000	75,342	100,000
Cash Dividends per Share	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0
Other Comprehensive (Loss)/Income:
Currency translation adjustment	$ 74	$ (38)	$ (78)	$ 10	$ (7)	$ 53	$ (176)	$ 204	$ (32)	$ 74	$ 207
Total Comprehensive Loss	$ (3,563)	$ (3,522)	$ (3,403)	$ (2,649)	$ (3,044)	$ (3,361)	$ (6,546)	$ (7,376)	$ (13,137)	$ (20,327)	$ (31,427)

Sponsor's Fee - Additional Info

Sponsor's Fee - Additional Information (Detail) - Sponsor [Member]	12 Months Ended
	Oct. 31, 2016USD ($)
Accrued Professional Fees [Member]
Related Party Transaction [Line Items]
Sponsor's fee accrues daily and paid monthly, annual nominal Rate	0.40%
Professional Fees Liability [Member]
Related Party Transaction [Line Items]
Legal fees and expenses assumed	$ 100,000
Excess amount of assumed audit fees and legal expenses	$ 100,000