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Statements of Assets and Liabilities - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Assets    
Cash $ 41,625,574 $ 20,622,531
Short-term investments [1] 1,412,803,235 772,677,694
Short-term investments held at broker (restricted) [2] 85,581,308 42,290,413
Receivable for variation margin on open futures contracts (Note 9) 0 3,335,487
Total Assets 1,540,010,117 838,926,125
Liabilities    
Sponsor’s fees payable 890,974 507,208
Payable for investment securities purchased 89,994,437 0
Payable for capital shares redeemed 0 11,072,297
Payable for variation margin on open futures contracts (Note 9) 17,314,591 0
Total Liabilities 108,200,002 11,579,505
Commitments and contingent liabilities (Note 7)
Net Assets $ 1,431,810,115 $ 827,346,620
Shares issued and outstanding (in shares) [3] 83,750,000 67,250,000
Net asset value per Share (Note 2G) (in dollars per share) $ 17.10 $ 12.30
[1] Cost of short-term investments: $1,412,781,989 and $772,661,613, respectively.
[2] Cost of short-term investments held at broker (restricted): $85,580,222 and $42,287,936, respectively.
[3] No par value, unlimited amount authorized.