Invesco CurrencyShares Singapore Dollar Trust (FXSG) 10-KT 11 Mar 19 2018 FY Annual report (with FYE transition) Financial data

Document and Entity Information

Document and Entity Information - USD ($)	2 Months Ended
	Dec. 31, 2018	Jan. 31, 2019	Jun. 30, 2018
Document And Entity Information [Abstract]
Document Type	10-KT
Amendment Flag	false
Document Period End Date	Dec. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	FY
Trading Symbol	FXSG
Entity Registrant Name	Invesco CurrencyShares Singapore Dollar Trust
Entity Central Index Key	1,433,994
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Shell Company	false
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Common Stock, Shares Outstanding		50,000
Entity Public Float			$ 3,603,000

Statements of Financial Conditi

Statements of Financial Condition - USD ($)	Dec. 31, 2018	Oct. 31, 2018	Oct. 31, 2017
Current Assets:
Singapore Dollar deposits, interest bearing	$ 3,606,655	$ 3,549,878	$ 3,609,729
Singapore Dollar deposits, non-interest bearing	0	0	0
Receivable from accrued interest	3,872	2,472	1,467
Total Current Assets	3,610,527	3,552,350	3,611,196
Current Liabilities:
Accrued Sponsor's fee	1,226	1,206	1,226
Total Current Liabilities	1,226	1,206	1,226
Commitments and Contingent Liabilities (note 9)
Redeemable Capital Shares, at redemption value, no par value, 15,150,000 authorized – 50,000 issued and outstanding	3,609,301	3,551,144	3,609,970
Shareholders' Equity:
Retained Earnings	0	0	0
Total Liabilities, Redeemable Capital Shares and Shareholders' Equity	$ 3,610,527	$ 3,552,350	$ 3,611,196

Statements of Financial Condi_2

Statements of Financial Condition (Parenthetical) - $ / shares	Dec. 31, 2018	Oct. 31, 2018	Oct. 31, 2017
Statement Of Financial Position [Abstract]
Redeemable Capital Shares, no par value	$ 0	$ 0	$ 0
Redeemable Capital Shares, shares authorized	15,150,000	15,150,000	15,150,000
Redeemable Capital Shares, shares issued	50,000	50,000	50,000
Redeemable Capital Shares, shares outstanding	50,000	50,000	50,000

Statements of Comprehensive Inc

Statements of Comprehensive Income - USD ($)	2 Months Ended				3 Months Ended																12 Months Ended
	Dec. 31, 2018		Dec. 31, 2017		Oct. 31, 2018		Jul. 31, 2018		Apr. 30, 2018		Jan. 31, 2018		Oct. 31, 2017		Jul. 31, 2017		Apr. 30, 2017		Jan. 31, 2017		Oct. 31, 2018	Oct. 31, 2017
Income
Interest Income	$ 7,161		$ 2,676		$ 7,413		$ 6,155		$ 3,859		$ 3,062		$ 3,192		$ 2,126		$ 511		$ 70		$ 20,489	$ 5,899
Total Income	7,161		2,676		7,413		6,155		3,859		3,062		3,192		2,126		511		70		20,489	5,899
Expenses
Sponsor's fee	(2,395)		(2,434)		(3,611)		(3,671)		(3,640)		(3,697)		(3,655)		(3,587)		(3,415)		(3,483)		(14,619)	(14,140)
Total Expenses	(2,395)		(2,434)		(3,611)		(3,671)		(3,640)		(3,697)		(3,655)		(3,587)		(3,415)		(3,483)		(14,619)	(14,140)
Net Comprehensive Income/(Loss)	$ 4,766		$ 242		$ 3,802		$ 2,484		$ 219		$ (635)		$ (463)		$ (1,461)		$ (2,904)		$ (3,413)		$ 5,870	$ (8,241)
Basic and Diluted Earnings per Share	$ 0.10	[1]	$ 0	[2]	$ 0.08	[1]	$ 0.05	[1]	$ 0	[1],[3]	$ (0.01)	[1]	$ (0.01)	[1]	$ (0.03)	[1]	$ (0.06)	[1]	$ (0.07)	[1]	$ 0.12	$ (0.16)
Weighted-average Shares Outstanding	50,000		50,000		50,000		50,000		50,000		50,000		50,000		50,000		50,000		50,000		50,000	50,000
[1]	The amount shown for a share outstanding for quarterly statements may not correlate with year to date amounts due to timing of subscriptions and redemptions in relation to income earned or distributed.
[2]	* Less than $0.01 per Share
[3]	Less than $0.01 per Share

Statements of Changes in Shareh

Statements of Changes in Shareholders' Equity - USD ($)	Total	Retained Earnings [Member]
Beginning of Period/Year at Oct. 31, 2016		$ 0
Net Comprehensive Income/(Loss)	$ (8,241)	(8,241)
Distributions Paid		0
Adjustment of redeemable capital shares to redemption value		8,241
End of Period/Year at Oct. 31, 2017		0
Net Comprehensive Income/(Loss)	242	242
Distributions Paid		(242)
Adjustment of redeemable capital shares to redemption value		0
End of Period/Year at Dec. 31, 2017		0
Beginning of Period/Year at Oct. 31, 2017		0
Net Comprehensive Income/(Loss)	5,870	5,870
Distributions Paid		(6,397)
Adjustment of redeemable capital shares to redemption value		527
End of Period/Year at Oct. 31, 2018		0
Net Comprehensive Income/(Loss)	$ 4,766	4,766
Distributions Paid		(3,421)
Adjustment of redeemable capital shares to redemption value		(1,345)
End of Period/Year at Dec. 31, 2018		$ 0

Statements of Cash Flows

Statements of Cash Flows	2 Months Ended			3 Months Ended								12 Months Ended
	Dec. 31, 2018USD ($)	Dec. 31, 2018SGD ($)	Dec. 31, 2017USD ($)	Oct. 31, 2018USD ($)	Jul. 31, 2018USD ($)	Apr. 30, 2018USD ($)	Jan. 31, 2018USD ($)	Oct. 31, 2017USD ($)	Jul. 31, 2017USD ($)	Apr. 30, 2017USD ($)	Jan. 31, 2017USD ($)	Oct. 31, 2018USD ($)	Oct. 31, 2018SGD ($)	Oct. 31, 2017USD ($)	Oct. 31, 2017SGD ($)
Cash flows from operating activities
Cash received for accrued income	$ 5,811		$ 2,457									$ 19,510		$ 4,373
Cash paid for Sponsor’s fee	(2,395)	$ 0	(2,434)									(14,616)	$ (2,024)	(14,135)	$ (13,596)
Net cash provided by (used in) operating activities	3,416		23									4,894		(9,762)
Cash flows from financing activities
Cash paid for distributions	(3,421)		(242)									(6,397)
Net cash used in financing activities	(3,421)		(242)									(6,397)
Adjustment to period cash flows due to currency movement	56,782		70,225									(58,348)		76,499
Increase/(Decrease) in cash	56,777		70,006									(59,851)		66,737
Cash at beginning of period/year	3,549,878		3,609,729				$ 3,609,729				$ 3,542,992	3,609,729		3,542,992
Cash at end of period/year	3,606,655		3,679,735	$ 3,549,878				$ 3,609,729				3,549,878		3,609,729
Reconciliation of net comprehensive income/(loss) to net cash provided by (used in) operating activities
Net Comprehensive Income/(Loss)	4,766		242	$ 3,802	$ 2,484	$ 219	$ (635)	$ (463)	$ (1,461)	$ (2,904)	$ (3,413)	5,870		(8,241)
Adjustments to reconcile net comprehensive income/(loss) to net cash provided by (used in) operating activities:
Receivable from accrued interest	(3,872)		(1,717)									(2,472)		(1,467)
Prior period receivable from accrued interest	2,472		1,467									1,467
Effect of exchange rate on cash	30		7									49		(80)
Accrued sponsor fee	1,226		1,250									1,206		1,226
Prior period accrued sponsor fee	(1,206)		(1,226)									(1,226)		(1,200)
Net cash provided by (used in) operating activities	$ 3,416		$ 23									$ 4,894		$ (9,762)

Background

Background	2 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Background	1. Background On September 28, 2017, Guggenheim Capital, LLC (“Guggenheim”) and Invesco Ltd. entered into a Transaction Agreement (the “Transaction Agreement”), pursuant to which Guggenheim agreed to transfer all of the membership interests of Guggenheim Specialized Products, LLC (the “Sponsor”) to Invesco Capital Management LLC (“Invesco Capital Management”). The Transaction Agreement was consummated on April 6, 2018 (the “Closing”) and immediately following the Closing, Invesco Capital Management changed the name of the Sponsor to Invesco Specialized Products, LLC. On January 9, 2019, the Sponsor changed the Trust’s fiscal year from the period beginning on November 1 and ending on October 31 to the period beginning on January 1 and ending on December 31. Unless otherwise noted, all references to “years” in this report refer to the twelve-month fiscal year, which prior to November 1, 2018 ended on October 31 and beginning after December 31, 2018 ends on December 31 of each year.

Organization and Description of

Organization and Description of the Trust	2 Months Ended
	Dec. 31, 2018
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Organization and Description of the Trust	2. Organization and Description of the Trust The Invesco CurrencyShares ® The investment objective of the Trust is for the Trust’s shares (the “Shares”) to reflect the price in U.S. Dollars (“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 Dollars. 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 of America (“U.S. GAAP”).

Significant Accounting Policies

Significant Accounting Policies	2 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Significant Accounting Policies	3. Significant Accounting Policies A. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP 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 For Net Asset Value (“NAV”) calculation purposes, Singapore Dollar deposits (cash) are translated at the Closing Spot Rate, which is the Singapore Dollar/USD exchange rate as determined and published by The WM Company at 4:00 PM (London time / London fixing) on each day that NYSE Arca, Inc. (“NYSE Arca”) is open for regular trading. The Trust maintains its books and records in Singapore Dollars. 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 Dollars 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. The redeemable capital shares are adjusted to redemption value and these adjustments are recorded against retained earnings. 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 share of the assets held in the Trust. Shareholders also will be treated as if they directly received their respective pro-rata portion of the Trust’s income, if any, and as if they directly incurred their respective pro-rata portion of the Trust’s expenses. The acquisition of Shares by a U.S. Shareholder as part of a creation of a Basket will not be a taxable event to the Shareholder. 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 of the amount of the Sponsor’s fee that is accrued on each day, with such USD-equivalent being determined by the currency exchange rate that is in effect on the respective day. To the extent that the currency exchange rate on the date of payment of the accrued amount of the Sponsor’s fee differs from the currency exchange rate in effect on the day of accrual, the U.S. Shareholder will recognize a currency gain or loss for U.S. federal income tax purposes. The Trust does not expect to generate taxable income except for interest income (if any) and gain (if any) upon the sale of Singapore Dollars. A non-U.S. Shareholder generally will not be subject to U.S. federal income tax with respect to gain recognized upon the sale or other disposition of Shares, or upon the sale of Singapore Dollars by the Trust, unless: (1) the non-U.S. Shareholder is an individual and is present in the United States for 183 days or more during the taxable year of the sale or other disposition, and the gain is treated as being from United States sources; or (2) the gain is effectively connected with the conduct by the non-U.S. Shareholder of a trade or business in the United States. A non-U.S. Shareholder’s portion of any interest income earned by the Trust generally will not be subject to U.S. federal income tax unless the Shares owned by such non-U.S. Shareholder are effectively connected with the conduct by the non-U.S. Shareholder of a trade or business in the United States. 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 on currency deposits. The Depository may change the rate at which interest accrues, including reducing the interest rate to zero or below zero, based upon the Depository’s belief that SIBSCORA does not accurately reflect the market, changes in SIBSCORA, other market conditions or the Depository’s liquidity needs. 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 Dollars effective on the first business day of the subsequent month. The Trustee will direct that the excess Singapore Dollars 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 basis (in accordance with the number of Shares that they own). The table below shows distributions per Share and in total for the years presented: Two months ended Year ended Year ended December 31, 2018 October 31, 2018 October 31, 2017 Distribution per Share $ 0.07 $ 0.13 $ — Distributions paid $ 3,421 $ 6,397 $ — An income distribution for the month ended December 31, 2018 was paid on January 9, 2019 to holders of record as of January 3, 2019 at a rate of $0.0529 per Share and a total distribution of $2,643.

Singapore Dollar Deposits

Singapore Dollar Deposits	2 Months Ended
	Dec. 31, 2018
Cash And Cash Equivalents [Abstract]
Singapore Dollar Deposits	4. 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 December 31, 2018 was an annual nominal rate of 1.36%. For the two months ended December 31, 2018, there were no Singapore Dollar principal deposits, no Singapore Dollar principal redemptions and no Singapore Dollar withdrawals (to pay expenses), resulting in an ending Singapore Dollar principal balance of 4,915,871. This equates to 3,606,655 USD. For the year ended , there were no Singapore Dollar principal deposits, no Singapore Dollar principal redemptions and Singapore Dollar withdrawals (to pay expenses) of 2,024, resulting in an ending Singapore Dollar principal balance of 4,915,871. This equates to 3,549,878 USD. For the year ended October 31, 2017, there were no Singapore Dollar principal deposits, no Singapore Dollar principal redemptions and Singapore Dollar withdrawals (to pay expenses) of 13,596, resulting in an ending Singapore Dollar principal balance of 4,917,895. This equates to 3,609,729 USD. Net interest, if any, associated with creation and redemption activity is held in a Singapore Dollar-denominated non-interest-bearing account, and any balance is distributed in full as part of the monthly income distributions, if any.

Redeemable Capital Shares

Redeemable Capital Shares	2 Months Ended
	Dec. 31, 2018
Federal Home Loan Banks [Abstract]
Redeemable Capital Shares	5. 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 Dollars. 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 two-day period for settlement of each creation or redemption, the Trust reflects Shares created as a receivable on the trade date. Shares redeemed are reflected as a liability on the trade date. Outstanding Shares are reflected at a redemption value, which is the NAV per Share at the period end date. Adjustments to redeemable capital Shares at redemption value are recorded against retained earnings. Activity in redeemable capital Shares is as follows: Two Months Ended Year ended Year ended December 31, 2018 October 31, 2018 October 31, 2017 U.S. Dollar U.S. Dollar U.S. Dollar Shares Amount Shares Amount Shares Amount Opening Balance 50,000 $ 3,551,144 50,000 $ 3,609,970 50,000 $ 3,541,792 Shares Issued — — — — — — Shares Redeemed — — — — — — Adjustment to period Shares due to currency movement — 58,157 — (58,826 ) — 68,178 Ending Balance 50,000 $ 3,609,301 50,000 $ 3,551,144 50,000 $ 3,609,970 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 Dollars held by the Trust (including all unpaid interest, if any, accrued through the preceding day) and calculates the value of the Singapore Dollars 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 Dollars, 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)	2 Months Ended
	Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]
Selected Quarterly Information (Unaudited)	6. Selected Quarterly Information (Unaudited) Fiscal Periods Ended December 31, 2018 and October 31, 2018: Two months ended Three months ended Three months ended Three months ended Three months ended December 31, 2018 October 31, 2018 July 31, 2018 April 30, 2018 January 31, 2018 Income Interest Income $ 7,161 $ 7,413 $ 6,155 $ 3,859 $ 3,062 Total Income 7,161 7,413 6,155 3,859 3,062 Expenses Sponsor's fee (2,395 ) (3,611 ) (3,671 ) (3,640 ) (3,697 ) Total Expenses (2,395 ) (3,611 ) (3,671 ) (3,640 ) (3,697 ) Net Comprehensive Income/(Loss) $ 4,766 $ 3,802 $ 2,484 $ 219 $ (635 ) Basic and Diluted Earnings per Share (1) $ 0.10 $ 0.08 $ 0.05 $ —* $ (0.01 ) Weighted-average Shares Outstanding 50,000 50,000 50,000 50,000 50,000 Cash Dividends per Share (1) $ 0.07 $ 0.08 $ 0.02 $ 0.01 $ 0.01 (1) * Less than $0.01 per Share Fiscal Period Ended October 31, 2017: Three months ended Three months ended Three months ended Three months ended October 31, 2017 July 31, 2017 April 30, 2017 January 31, 2017 Income Interest Income $ 3,192 $ 2,126 $ 511 $ 70 Total Income 3,192 2,126 511 70 Expenses Sponsor's fee (3,655 ) (3,587 ) (3,415 ) (3,483 ) Total Expenses (3,655 ) (3,587 ) (3,415 ) (3,483 ) Net Comprehensive Loss $ (463 ) $ (1,461 ) $ (2,904 ) $ (3,413 ) Basic and Diluted Earnings per Share (1) $ (0.01 ) $ (0.03 ) $ (0.06 ) $ (0.07 ) Weighted-average Shares Outstanding 50,000 50,000 50,000 50,000 Cash Dividends per Share (1) $ — $ — $ — $ — (1)

Related Parties

Related Parties	2 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Related Parties	7. Related Parties The Sponsor is a related party of the Trust. 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 cases the Trust will pay for some expenses in addition to the Sponsor’s fee. These 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.

Concentration Risk

Concentration Risk	2 Months Ended
	Dec. 31, 2018
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	2 Months Ended
	Dec. 31, 2018
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	9. Commitments and Contingencies The Trust’s organizational documents provide for the Trust to indemnify the Sponsor and any affiliate of the Sponsor that provides services to the Trust to the maximum extent permitted by applicable law, subject to certain exceptions for disqualifying conduct by the Sponsor or such an affiliate. The Trust's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Trust that have not yet occurred. Further, the Trust has not had prior claims or losses pursuant to these contracts. Accordingly, the Sponsor expects the risk of loss to be remote.

Comparative Data

Comparative Data	2 Months Ended
	Dec. 31, 2018
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Comparative Data	10. Comparative Data for the two months ended December 31, 2017 (Unaudited) Two Months Ended December 31, 2017 Income Interest Income $ 2,676 Total Income 2,676 Expenses Sponsor's fee (2,434 ) Total Expenses (2,434 ) Net Comprehensive Income/(Loss) $ 242 Basic and Diluted Earnings per Share $ —* Weighted-average Shares Outstanding 50,000 Two Months Ended December 31, 2017 Retained Earnings, Beginning of Period $ — Net Comprehensive Income/(Loss) 242 Distributions Paid (242 ) Adjustment of redeemable capital shares to redemption value — Retained Earnings, End of Period $ — Two Months Ended December 31, 2017 Cash flows from operating activities Cash received for accrued income $ 2,457 Cash paid for Sponsor’s fee (2,434 ) Net cash provided by (used in) operating activities 23 Cash flows from financing activities Cash paid for distributions (242 ) Net cash used in financing activities (242 ) Adjustment to period cash flows due to currency movement 70,225 Increase/(Decrease) in cash 70,006 Cash at beginning of period 3,609,729 Cash at end of period $ 3,679,735 Reconciliation of net comprehensive income/(loss) to net cash provided by (used in) operating activities Net Comprehensive Income/(Loss) $ 242 Adjustments to reconcile net comprehensive income/(loss) to net cash provided by (used in) operating activities: Receivable from accrued interest (1,717 ) Prior period receivable from accrued interest 1,467 Effect of exchange rate on cash 7 Accrued sponsor fee 1,250 Prior period accrued sponsor fee (1,226 ) Net cash provided by (used in) operating activities $ 23

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	2 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Use of Estimates	A. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP 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 For Net Asset Value (“NAV”) calculation purposes, Singapore Dollar deposits (cash) are translated at the Closing Spot Rate, which is the Singapore Dollar/USD exchange rate as determined and published by The WM Company at 4:00 PM (London time / London fixing) on each day that NYSE Arca, Inc. (“NYSE Arca”) is open for regular trading. The Trust maintains its books and records in Singapore Dollars. 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 Dollars 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. The redeemable capital shares are adjusted to redemption value and these adjustments are recorded against retained earnings.
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 share of the assets held in the Trust. Shareholders also will be treated as if they directly received their respective pro-rata portion of the Trust’s income, if any, and as if they directly incurred their respective pro-rata portion of the Trust’s expenses. The acquisition of Shares by a U.S. Shareholder as part of a creation of a Basket will not be a taxable event to the Shareholder. 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 of the amount of the Sponsor’s fee that is accrued on each day, with such USD-equivalent being determined by the currency exchange rate that is in effect on the respective day. To the extent that the currency exchange rate on the date of payment of the accrued amount of the Sponsor’s fee differs from the currency exchange rate in effect on the day of accrual, the U.S. Shareholder will recognize a currency gain or loss for U.S. federal income tax purposes. The Trust does not expect to generate taxable income except for interest income (if any) and gain (if any) upon the sale of Singapore Dollars. A non-U.S. Shareholder generally will not be subject to U.S. federal income tax with respect to gain recognized upon the sale or other disposition of Shares, or upon the sale of Singapore Dollars by the Trust, unless: (1) the non-U.S. Shareholder is an individual and is present in the United States for 183 days or more during the taxable year of the sale or other disposition, and the gain is treated as being from United States sources; or (2) the gain is effectively connected with the conduct by the non-U.S. Shareholder of a trade or business in the United States. A non-U.S. Shareholder’s portion of any interest income earned by the Trust generally will not be subject to U.S. federal income tax unless the Shares owned by such non-U.S. Shareholder are effectively connected with the conduct by the non-U.S. Shareholder of a trade or business in the United States.
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 on currency deposits. The Depository may change the rate at which interest accrues, including reducing the interest rate to zero or below zero, based upon the Depository’s belief that SIBSCORA does not accurately reflect the market, changes in SIBSCORA, other market conditions or the Depository’s liquidity needs.
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 Dollars effective on the first business day of the subsequent month. The Trustee will direct that the excess Singapore Dollars 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 basis (in accordance with the number of Shares that they own). The table below shows distributions per Share and in total for the years presented: Two months ended Year ended Year ended December 31, 2018 October 31, 2018 October 31, 2017 Distribution per Share $ 0.07 $ 0.13 $ — Distributions paid $ 3,421 $ 6,397 $ — An income distribution for the month ended December 31, 2018 was paid on January 9, 2019 to holders of record as of January 3, 2019 at a rate of $0.0529 per Share and a total distribution of $2,643.

Significant Accounting Polici_3

Significant Accounting Policies (Tables)	2 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Schedule of Dividends Distributions Per Share	The table below shows distributions per Share and in total for the years presented: Two months ended Year ended Year ended December 31, 2018 October 31, 2018 October 31, 2017 Distribution per Share $ 0.07 $ 0.13 $ — Distributions paid $ 3,421 $ 6,397 $ —

Redeemable Capital Shares (Tabl

Redeemable Capital Shares (Tables)	2 Months Ended
	Dec. 31, 2018
Federal Home Loan Banks [Abstract]
Schedule for Redeemable Capital Shares Activity	Activity in redeemable capital Shares is as follows: Two Months Ended Year ended Year ended December 31, 2018 October 31, 2018 October 31, 2017 U.S. Dollar U.S. Dollar U.S. Dollar Shares Amount Shares Amount Shares Amount Opening Balance 50,000 $ 3,551,144 50,000 $ 3,609,970 50,000 $ 3,541,792 Shares Issued — — — — — — Shares Redeemed — — — — — — Adjustment to period Shares due to currency movement — 58,157 — (58,826 ) — 68,178 Ending Balance 50,000 $ 3,609,301 50,000 $ 3,551,144 50,000 $ 3,609,970

Selected Quarterly Informatio_2

Selected Quarterly Information (Unaudited) (Tables)	2 Months Ended
	Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]
Selected Quarterly Information (Unaudited)	Fiscal Periods Ended December 31, 2018 and October 31, 2018: Two months ended Three months ended Three months ended Three months ended Three months ended December 31, 2018 October 31, 2018 July 31, 2018 April 30, 2018 January 31, 2018 Income Interest Income $ 7,161 $ 7,413 $ 6,155 $ 3,859 $ 3,062 Total Income 7,161 7,413 6,155 3,859 3,062 Expenses Sponsor's fee (2,395 ) (3,611 ) (3,671 ) (3,640 ) (3,697 ) Total Expenses (2,395 ) (3,611 ) (3,671 ) (3,640 ) (3,697 ) Net Comprehensive Income/(Loss) $ 4,766 $ 3,802 $ 2,484 $ 219 $ (635 ) Basic and Diluted Earnings per Share (1) $ 0.10 $ 0.08 $ 0.05 $ —* $ (0.01 ) Weighted-average Shares Outstanding 50,000 50,000 50,000 50,000 50,000 Cash Dividends per Share (1) $ 0.07 $ 0.08 $ 0.02 $ 0.01 $ 0.01 (1) * Less than $0.01 per Share Fiscal Period Ended October 31, 2017: Three months ended Three months ended Three months ended Three months ended October 31, 2017 July 31, 2017 April 30, 2017 January 31, 2017 Income Interest Income $ 3,192 $ 2,126 $ 511 $ 70 Total Income 3,192 2,126 511 70 Expenses Sponsor's fee (3,655 ) (3,587 ) (3,415 ) (3,483 ) Total Expenses (3,655 ) (3,587 ) (3,415 ) (3,483 ) Net Comprehensive Loss $ (463 ) $ (1,461 ) $ (2,904 ) $ (3,413 ) Basic and Diluted Earnings per Share (1) $ (0.01 ) $ (0.03 ) $ (0.06 ) $ (0.07 ) Weighted-average Shares Outstanding 50,000 50,000 50,000 50,000 Cash Dividends per Share (1) $ — $ — $ — $ — (1)

Comparative Data (Tables)

Comparative Data (Tables)	2 Months Ended
	Dec. 31, 2018
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Schedule of Comparative Data	Two Months Ended December 31, 2017 Income Interest Income $ 2,676 Total Income 2,676 Expenses Sponsor's fee (2,434 ) Total Expenses (2,434 ) Net Comprehensive Income/(Loss) $ 242 Basic and Diluted Earnings per Share $ —* Weighted-average Shares Outstanding 50,000 Two Months Ended December 31, 2017 Retained Earnings, Beginning of Period $ — Net Comprehensive Income/(Loss) 242 Distributions Paid (242 ) Adjustment of redeemable capital shares to redemption value — Retained Earnings, End of Period $ — Two Months Ended December 31, 2017 Cash flows from operating activities Cash received for accrued income $ 2,457 Cash paid for Sponsor’s fee (2,434 ) Net cash provided by (used in) operating activities 23 Cash flows from financing activities Cash paid for distributions (242 ) Net cash used in financing activities (242 ) Adjustment to period cash flows due to currency movement 70,225 Increase/(Decrease) in cash 70,006 Cash at beginning of period 3,609,729 Cash at end of period $ 3,679,735 Reconciliation of net comprehensive income/(loss) to net cash provided by (used in) operating activities Net Comprehensive Income/(Loss) $ 242 Adjustments to reconcile net comprehensive income/(loss) to net cash provided by (used in) operating activities: Receivable from accrued interest (1,717 ) Prior period receivable from accrued interest 1,467 Effect of exchange rate on cash 7 Accrued sponsor fee 1,250 Prior period accrued sponsor fee (1,226 ) Net cash provided by (used in) operating activities $ 23

Organization and Description _2

Organization and Description of the Trust - Additional Information (Detail)	2 Months Ended
	Dec. 31, 2018SGD ($)Accountshares
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Organization formation date	Aug. 7, 2008
Initial deposits by sponsor, primary deposit account | $	$ 100
Number of deposits accounts in which trust's assets primarily consist of Singapore Dollars | Account	2
Redemptions Capital Shares, Number of shares in each Block | shares	50,000

Significant Accounting Polici_4

Significant Accounting Policies - Additional Information (Detail)	1 Months Ended	2 Months Ended
	Dec. 31, 2018USD ($)$ / shares	Dec. 31, 2018USD ($)$ / shares
Accounting Policies [Abstract]
Provision for federal income taxes		$ 0
Minimum days required to stay for tax liability		183 days
Dividend payment date	Jan. 9, 2019
Dividends payable, date of record	Jan. 3, 2019
Dividends payable, amount per share | $ / shares	$ 0.0529	$ 0.0529
Dividends payable	$ 2,643	$ 2,643

Significant Accounting Polici_5

Significant Accounting Policies - Schedule of Dividends Distributions Per Share (Details) - USD ($)

2 Months Ended

3 Months Ended

12 Months Ended

Dec. 31, 2018

Oct. 31, 2018

[1]

Jul. 31, 2018

[1]

Apr. 30, 2018

[1]

Jan. 31, 2018

[1]

Oct. 31, 2017

[1]

Jul. 31, 2017

[1]

Apr. 30, 2017

[1]

Jan. 31, 2017

[1]

Oct. 31, 2018

Oct. 31, 2017

Accounting Policies [Abstract]

Distribution per Share

$ 0.07

[1]

$ 0.08

$ 0.02

$ 0.01

$ 0.01

$ 0

$ 0

$ 0

$ 0

$ 0.13

$ 0

Distributions paid

$ 3,421

$ 6,397

$ 0

[1]

The amount shown for a share outstanding for quarterly statements may not correlate with year to date amounts due to timing of subscriptions and redemptions in relation to income earned or distributed.

Singapore Dollar Deposits - Add

Singapore Dollar Deposits - Additional Information (Detail)	2 Months Ended			12 Months Ended
	Dec. 31, 2018USD ($)	Dec. 31, 2018SGD ($)	Dec. 31, 2017USD ($)	Oct. 31, 2018USD ($)	Oct. 31, 2018SGD ($)	Oct. 31, 2017USD ($)	Oct. 31, 2017SGD ($)	Dec. 31, 2018SGD ($)	Oct. 31, 2018SGD ($)	Oct. 31, 2017SGD ($)
Cash And Cash Equivalents [Abstract]
Annual nominal rate	1.36%	1.36%
Principal deposits		$ 0			$ 0		$ 0
Principal redemptions		0			0		0
Withdrawals (to pay expenses)	$ 2,395	$ 0	$ 2,434	$ 14,616	$ 2,024	$ 14,135	$ 13,596
Deposits, interest bearing	$ 3,606,655			$ 3,549,878		$ 3,609,729		$ 4,915,871	$ 4,915,871	$ 4,917,895

Redeemable Capital Shares - Add

Redeemable Capital Shares - Additional Information (Detail)	2 Months Ended
	Dec. 31, 2018
Temporary Equity Disclosure [Abstract]
Redeemable capital shares, settlement of each creation or redemption period	2 days

Redeemable Capital Shares - Act

Redeemable Capital Shares - Activity in Redeemable Capital Shares (Detail) - USD ($)	2 Months Ended	12 Months Ended
	Dec. 31, 2018	Oct. 31, 2018	Oct. 31, 2017
Temporary Equity Disclosure [Abstract]
Opening Balance, Shares	50,000	50,000	50,000
Shares Issued, Shares	0	0	0
Shares Redeemed, Shares	0	0	0
Ending Balance, Shares	50,000	50,000	50,000
Opening Balance, Amount	$ 3,551,144	$ 3,609,970	$ 3,541,792
Shares issued, Amount	0	0	0
Shares redeemed, Amount	0	0	0
Adjustment to period Shares due to currency movement, Amount	58,157	(58,826)	68,178
Ending Balance, Amount	$ 3,609,301	$ 3,551,144	$ 3,609,970

Selected Quarterly Informatio_3

Selected Quarterly Information (Unaudited) - Selected Quarterly Information (Unaudited) (Detail) - USD ($)	2 Months Ended				3 Months Ended																12 Months Ended
	Dec. 31, 2018		Dec. 31, 2017		Oct. 31, 2018		Jul. 31, 2018		Apr. 30, 2018		Jan. 31, 2018		Oct. 31, 2017		Jul. 31, 2017		Apr. 30, 2017		Jan. 31, 2017		Oct. 31, 2018	Oct. 31, 2017
Income
Interest Income	$ 7,161		$ 2,676		$ 7,413		$ 6,155		$ 3,859		$ 3,062		$ 3,192		$ 2,126		$ 511		$ 70		$ 20,489	$ 5,899
Total Income	7,161		2,676		7,413		6,155		3,859		3,062		3,192		2,126		511		70		20,489	5,899
Expenses
Sponsor's fee	(2,395)		(2,434)		(3,611)		(3,671)		(3,640)		(3,697)		(3,655)		(3,587)		(3,415)		(3,483)		(14,619)	(14,140)
Total Expenses	(2,395)		(2,434)		(3,611)		(3,671)		(3,640)		(3,697)		(3,655)		(3,587)		(3,415)		(3,483)		(14,619)	(14,140)
Net Comprehensive Income/(Loss)	$ 4,766		$ 242		$ 3,802		$ 2,484		$ 219		$ (635)		$ (463)		$ (1,461)		$ (2,904)		$ (3,413)		$ 5,870	$ (8,241)
Basic and Diluted Earnings per Share	$ 0.10	[1]	$ 0	[2]	$ 0.08	[1]	$ 0.05	[1]	$ 0	[1],[3]	$ (0.01)	[1]	$ (0.01)	[1]	$ (0.03)	[1]	$ (0.06)	[1]	$ (0.07)	[1]	$ 0.12	$ (0.16)
Weighted-average Shares Outstanding	50,000		50,000		50,000		50,000		50,000		50,000		50,000		50,000		50,000		50,000		50,000	50,000
Cash Dividends per Share	$ 0.07	[1]			$ 0.08	[1]	$ 0.02	[1]	$ 0.01	[1]	$ 0.01	[1]	$ 0	[1]	$ 0	[1]	$ 0	[1]	$ 0	[1]	$ 0.13	$ 0
[1]	The amount shown for a share outstanding for quarterly statements may not correlate with year to date amounts due to timing of subscriptions and redemptions in relation to income earned or distributed.
[2]	* Less than $0.01 per Share
[3]	Less than $0.01 per Share

Selected Quarterly Informatio_4

Selected Quarterly Information (Unaudited) - Selected Quarterly Information (Unaudited) (Parenthetical) (Detail) - $ / shares

2 Months Ended

3 Months Ended

12 Months Ended

Dec. 31, 2018

[1]

Dec. 31, 2017

Oct. 31, 2018

[1]

Jul. 31, 2018

[1]

Apr. 30, 2018

Jan. 31, 2018

[1]

Oct. 31, 2017

[1]

Jul. 31, 2017

[1]

Apr. 30, 2017

[1]

Jan. 31, 2017

[1]

Oct. 31, 2018

Oct. 31, 2017

Quarterly Information [Line Items]

Basic and Diluted Earnings per Share

$ 0.10

$ 0

[2]

$ 0.08

$ 0.05

$ 0

[1],[3]

$ (0.01)

$ (0.01)

$ (0.03)

$ (0.06)

$ (0.07)

$ 0.12

$ (0.16)

Maximum [Member]

Quarterly Information [Line Items]

Basic and Diluted Earnings per Share

$ 0.01

$ 0.01

[1]

The amount shown for a share outstanding for quarterly statements may not correlate with year to date amounts due to timing of subscriptions and redemptions in relation to income earned or distributed.

[2]

* Less than $0.01 per Share

[3]

Less than $0.01 per Share

Related Parties - Additional In

Related Parties - Additional Information (Detail) - Sponsor [Member]	2 Months Ended
	Dec. 31, 2018USD ($)
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

Comparative Data for the Two Mo

Comparative Data for the Two Months Ended December 31, 2017 (Unaudited) - Schedule of Comparative Data (Details)	2 Months Ended					3 Months Ended																12 Months Ended
	Dec. 31, 2018USD ($)$ / sharesshares		Dec. 31, 2018SGD ($)shares	Dec. 31, 2017USD ($)$ / sharesshares		Oct. 31, 2018USD ($)$ / sharesshares		Jul. 31, 2018USD ($)$ / sharesshares		Apr. 30, 2018USD ($)$ / sharesshares		Jan. 31, 2018USD ($)$ / sharesshares		Oct. 31, 2017USD ($)$ / sharesshares		Jul. 31, 2017USD ($)$ / sharesshares		Apr. 30, 2017USD ($)$ / sharesshares		Jan. 31, 2017USD ($)$ / sharesshares		Oct. 31, 2018USD ($)$ / sharesshares	Oct. 31, 2018SGD ($)shares	Oct. 31, 2017USD ($)$ / sharesshares	Oct. 31, 2017SGD ($)shares
Income
Interest Income	$ 7,161			$ 2,676		$ 7,413		$ 6,155		$ 3,859		$ 3,062		$ 3,192		$ 2,126		$ 511		$ 70		$ 20,489		$ 5,899
Total Income	7,161			2,676		7,413		6,155		3,859		3,062		3,192		2,126		511		70		20,489		5,899
Expenses
Sponsor's fee	(2,395)			(2,434)		(3,611)		(3,671)		(3,640)		(3,697)		(3,655)		(3,587)		(3,415)		(3,483)		(14,619)		(14,140)
Total Expenses	(2,395)			(2,434)		(3,611)		(3,671)		(3,640)		(3,697)		(3,655)		(3,587)		(3,415)		(3,483)		(14,619)		(14,140)
Net Comprehensive Income/(Loss)	$ 4,766			$ 242		$ 3,802		$ 2,484		$ 219		$ (635)		$ (463)		$ (1,461)		$ (2,904)		$ (3,413)		$ 5,870		$ (8,241)
Basic and Diluted Earnings per Share | $ / shares	$ 0.10	[1]		$ 0	[2]	$ 0.08	[1]	$ 0.05	[1]	$ 0	[1],[3]	$ (0.01)	[1]	$ (0.01)	[1]	$ (0.03)	[1]	$ (0.06)	[1]	$ (0.07)	[1]	$ 0.12		$ (0.16)
Weighted-average Shares Outstanding | shares	50,000		50,000	50,000		50,000		50,000		50,000		50,000		50,000		50,000		50,000		50,000		50,000	50,000	50,000	50,000
Condensed Financial Statements Captions [Line Items]
Net Comprehensive Income/(Loss)	$ 4,766			$ 242		$ 3,802		$ 2,484		$ 219		$ (635)		$ (463)		$ (1,461)		$ (2,904)		$ (3,413)		$ 5,870		$ (8,241)
Cash flows from operating activities
Cash received for accrued income	5,811			2,457																		19,510		4,373
Cash paid for Sponsor’s fee	(2,395)		$ 0	(2,434)																		(14,616)	$ (2,024)	(14,135)	$ (13,596)
Net cash provided by (used in) operating activities	3,416			23																		4,894		(9,762)
Cash flows from financing activities
Cash paid for distributions	(3,421)			(242)																		(6,397)
Net cash used in financing activities	(3,421)			(242)																		(6,397)
Adjustment to period cash flows due to currency movement	56,782			70,225																		(58,348)		76,499
Increase/(Decrease) in cash	56,777			70,006																		(59,851)		66,737
Cash at beginning of period/year	3,549,878			3,609,729								3,609,729								3,542,992		3,609,729		3,542,992
Cash at end of period/year	3,606,655			3,679,735		3,549,878								3,609,729								3,549,878		3,609,729
Reconciliation of net comprehensive income/(loss) to net cash provided by (used in) operating activities
Net Comprehensive Income/(Loss)	4,766			242		3,802		$ 2,484		$ 219		(635)		(463)		$ (1,461)		$ (2,904)		(3,413)		5,870		(8,241)
Adjustments to reconcile net comprehensive income/(loss) to net cash provided by (used in) operating activities:
Receivable from accrued interest	(3,872)			(1,717)																		(2,472)		(1,467)
Prior period receivable from accrued interest	2,472			1,467																		1,467
Effect of exchange rate on cash	30			7																		49		(80)
Accrued sponsor fee	1,226			1,250																		1,206		1,226
Prior period accrued sponsor fee	(1,206)			(1,226)																		(1,226)		(1,200)
Net cash provided by (used in) operating activities	3,416			23																		4,894		(9,762)
Retained Earnings [Member]
Expenses
Net Comprehensive Income/(Loss)	4,766			242																		5,870		(8,241)
Condensed Financial Statements Captions [Line Items]
Beginning of Period/Year	0			0								$ 0								$ 0		0		0
Net Comprehensive Income/(Loss)	4,766			242																		5,870		(8,241)
Distributions Paid	(3,421)			(242)																		(6,397)		0
Adjustment of redeemable capital shares to redemption value	(1,345)			0																		527		8,241
End of Period/Year	0			0		$ 0								$ 0								0		0
Reconciliation of net comprehensive income/(loss) to net cash provided by (used in) operating activities
Net Comprehensive Income/(Loss)	$ 4,766			$ 242																		$ 5,870		$ (8,241)
[1]	The amount shown for a share outstanding for quarterly statements may not correlate with year to date amounts due to timing of subscriptions and redemptions in relation to income earned or distributed.
[2]	* Less than $0.01 per Share
[3]	Less than $0.01 per Share

Comparative Data for the Two _2

Comparative Data for the Two Months Ended December 31, 2017 (Unaudited - Schedule of Comparative Data (Parenthetical) (Details) - $ / shares

2 Months Ended

3 Months Ended

12 Months Ended

Dec. 31, 2018

[1]

Dec. 31, 2017

Oct. 31, 2018

[1]

Jul. 31, 2018

[1]

Apr. 30, 2018

Jan. 31, 2018

[1]

Oct. 31, 2017

[1]

Jul. 31, 2017

[1]

Apr. 30, 2017

[1]

Jan. 31, 2017

[1]

Oct. 31, 2018

Oct. 31, 2017

Condensed Financial Statements Captions [Line Items]

Basic and Diluted Earnings per Share

$ 0.10

$ 0

[2]

$ 0.08

$ 0.05

$ 0

[1],[3]

$ (0.01)

$ (0.01)

$ (0.03)

$ (0.06)

$ (0.07)

$ 0.12

$ (0.16)

Maximum [Member]

Condensed Financial Statements Captions [Line Items]

Basic and Diluted Earnings per Share

$ 0.01

$ 0.01

[1]

The amount shown for a share outstanding for quarterly statements may not correlate with year to date amounts due to timing of subscriptions and redemptions in relation to income earned or distributed.

[2]

* Less than $0.01 per Share

[3]

Less than $0.01 per Share