0001193125-24-199916.txt : 20240916 0001193125-24-199916.hdr.sgml : 20240916 20240813181427 ACCESSION NUMBER: 0001193125-24-199916 CONFORMED SUBMISSION TYPE: CORRESP PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240813 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Invesco CurrencyShares Canadian Dollar Trust CENTRAL INDEX KEY: 0001353612 STANDARD INDUSTRIAL CLASSIFICATION: [6221] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 000000000 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: C/O INVESCO SPECIALIZED PRODUCTS STREET 2: 3500 LACEY ROAD, SUITE 700 CITY: DOWNERS GROVE STATE: IL ZIP: 60515 BUSINESS PHONE: 800-983-0903 MAIL ADDRESS: STREET 1: C/O INVESCO SPECIALIZED PRODUCTS STREET 2: 3500 LACEY ROAD, SUITE 700 CITY: DOWNERS GROVE STATE: IL ZIP: 60515 FORMER COMPANY: FORMER CONFORMED NAME: CURRENCYSHARES CANADIAN DOLLAR TRUST DATE OF NAME CHANGE: 20060216 CORRESP 1 filename1.htm CORRESP

LOGO

August 13, 2024

Via EDGAR

Ms. Lulu Cheng

Securities and Exchange Commission

Division of Corporation Finance

100 F Street, NE

Washington, DC 20549

 

  Re:

Invesco CurrencyShares® Canadian Dollar Trust

Pre-Effective Amendment No. 1 on Form S-1 to Form S-3 Registration Statement

Filed July 26, 2024

File No. 333-280627

Dear Ms. Cheng:

On behalf of the Invesco CurrencyShares® Canadian Dollar Trust (the “Trust”), set forth below are the Trust’s responses to the oral comments provided by the staff of the SEC Division of Corporation Finance (the “Staff”) in connection with the Staff’s review of the above-referenced Registration Statement (the “Registration Statement”). The Staff’s comments are set forth below in italics, followed by the Trust’s response. We are concurrently submitting via EDGAR this letter and an amendment to the Registration Statement (“Amendment No. 2”).

 

  1.

We note your response to prior comment 1 and the filing of Amendment No. 1 on Form S-1 to Form S-3. Please confirm your understanding that you should recompute your public float each time an annual report is filed for purposes of Section 10(a)(3) of the Securities Act.

Response: The Trust acknowledges the Staff’s comment and confirms that the Trust recomputes its public float each time an annual report is filed for purposes of Section 10(a)(3) of the Securities Act.

 

  2.

We note that your Pre-Effective Amendment to Registration Statement on Form S-1 was filed under EDGAR tag “S-3/A”, as opposed to EDGAR tag “S-1/A”, the latter of which should be used. Please ensure that subsequent filings are filed under the correct EDGAR tag.


Securities and Exchange Commission

Page 2

 

Response: Acknowledging the Staff’s comment, the Trust hereby respectfully advises the Staff that the Trust is concurrently submitting via EDGAR Amendment No. 2 with the EDGAR tag “S-1/A”.

If you have any questions about the foregoing, please contact counsel for the Trust, Alexis Leineweber of Foley & Lardner LLP at (414) 297-4922 or, in her absence, her colleague Patrick Daugherty at (312) 832-5178.

 

Sincerely,
INVESCO SPECIALIZED PRODUCTS, LLC, Sponsor of the Trust
By:  

/s/ Adam Henkel

  Adam Henkel
  Head of Legal, US ETFs
GRAPHIC 2 g811417g0726083806950.jpg GRAPHIC begin 644 g811417g0726083806950.jpg M_]C_X 02D9)1@ ! 0$ 8 !@ #_VP!# @&!@<&!0@'!P<)"0@*#!0-# L+ M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7& MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0 'P$ P$! 0$! M 0$! 0 $" P0%!@<("0H+_\0 M1$ @$"! 0#! <%! 0 0)W $" M Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O 58G+1"A8D-.$E\1<8&1HF M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$ MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4 MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H # ,! (1 Q$ /P#W^BBB@ HH MJ.:6."%YI7"QHI9F/8#K0!QOQ*\8GPKH.VTD U*Z^2#OL'=L>U> WWBGQ!J> M1>ZU?3*>JF8A?R&!5KQIXCD\3^)KJ^+'R WEP*?X4'3\ZQ+9%DNX$<95I%5A MZ@FO5H45"%VM3GG-MV1ZK\(/%EIIGF:/J)>(WDNZWN)"=CMTVY/>O;P:Y+Q# MX9T*Y\#FTNK9(+6U@\R)XQAHB!G(/K1\-KVXU#P-I\]S.\\F&42/]XJ#@9_" MN"JU.\T;1TT.NHHHK$H*0TM(: %HHJ*XN8;6!Y[B:.*)!EGD8*H'N30!(Q"C M)Z"O#OB7\2_M_G:%HDO^BY*W-RO_ "T]57V]^]=QXJ^)&AZ7X=-S9W4-_-=* MR6\<+YR>A+>@%?.#-N=F/U>8: M9K%Q\+M?7P]JSM+H%P2UG=$3'W''3\#TKR(M1?++8ZG=ZHZ&*5)HE MDB=7CL5O=,NH[B!NZGE3Z$=0?K2J4I0] C),T:0TM(:S*/+O$_QGT[3S):Z' ;ZY M4E3,X*PJ?YM^@]Z\>U[Q1K/B6?S-5OI)E!RL(^6-/HHX_K6E/X \52:_+8+H MUQYK.S!^/*VD]=_3%=1_PHW6S:HXU6P\\C+1%7P#Z;N_Y5Z1Y= M16QXD\-7_A74QI^HF$S%!(#"^X$'\!65##+<3+#!$\LKG"I&I9C] *ZE)-71 MDT[V&4A('4@5:N]/O; J+VSN+8M]T31,F?ID5ZO\&]!AOM(UBYGBC;S3Y",Z M!MO'49K.K54(\Q48W=C(^%7C6^TS5[?09=UQ873[8U)YA8]Q[>U>T>)O$4'A M?1GU.ZMIYX48!Q" 2,]^2.*\)\2>!-9\ 7$&LI=PW$$ MO3M4\;^%M6\!R3:C>1,+FWQ):1R S;CV"]0<]ZX:T8RDIQU3-HMI69T*1Z'X MZ\.0W$UK'=6=PFY!(HW(>_/8CVKQ7Q)X>U[X8ZU]OT>\G2PF;$5PO(_W)!T/ MMGK6C\)O&J:7?/H-RDS6ES)N@907,3'LP'8\$I]5%R9MGE0YD* @G.0,XXZ'->C^![CQ)=^'HY_$T<273\QJJ; M9-GJXZ ^PJ*L8_'#8J+>S.GQ2UY9\-_%VI:SJGB.\UN^W06BJ57&V.%07S@# MV'7KQ73R?$OP='&LAUZV*L<#:&8_D!4RI23Y;#4DU5BC'&>0>GYUL?#_X>V_A.V%W=A)M6D7YY!R(A_=7_ ![UT-SXMT"S MTN#4[C5+=;&TLGMV2*"',;D?ZTMUQ_*NL^#-MJ]EH]W!?V$]O:.XDMY)5V[ ML]< \UV/]L^&=0T]->>YLI;6W)"7DJC"'O@L,_E1I'C;PWKEW]ETW5H)[CM' MRI/TR!G\*MU&Z7)R["Y5S7N6O$>A6WB/0[G2[HE4F7AUZJ>QKS;PK\&(+>ZG MF\2,ERB/M@AB'HU?5M0AM0_W0YRS?0#DTS1O%>A>( M"RZ7J<%RZC)C4X<#_=.#6<9U(Q:CL-I-ZEO3=&TW2(1#IUC;VJ=,11A<_4]Z MO5AZSXOT#P_(L>J:G!;RL,B,Y9L>N ":MZ3KNEZ[;&YTN]ANH@<$QMRI]QU' MXU#4K796FQHTA%M9WFLVZ3J<.BY?:?'?#C_D&>.O^O1_Y24?#OP;HNN^"=7U#4+8RW2,Z M1/O(\O:@((P>N3WKI?!WA$Z79>*(S?B7[= R9\G;LX?G[QSU]JUOA_X=.B># MM1L#=^?YSR'S/+VXR@'3)_G77.JO>Y7V,E'8X'P5I;^(?AAXBTW[S03^?;CT M<*#Q]>?SK)F\42WOPSL/#,9)N_M?E%>Y0'Y?U/Z5ZE\+_#A\/6&H1-=BY\Z8 M-GRMF.,8ZFL'3/AQ:VWQ(^U_;-UO%.TR6_DXP>PW;NV?2G[2/-*_J@Y79'.? M$*TFTB/PUX;2-Y+:&!7,*G'G2$\_CVJKJ.B:W/=6-SI'@*\TB>V<-OA+/OQZ MY[^]>N^//!5GXMTU6DF:VNK8%HIT7=@=P1D9'XUY]X-\-:KJWB"-[KQ3J!73 MF^0*3D@=@2QP/P-$*JY+]@<=23QYX9\03>)+3Q"FC_VQ;F!!);,"VQ@.5*@@ MXSZ5-X%\1Z#;Z[6(4'R@>V".OOFJGP_\'M>ZDOBK5]5GU"\4802)C!QU)R<_3BIYDZ7O#L^; M0YWX<^'=.\;:SK&I>(-UW<))GR&3@YP,8KJ=6\+:;X"\+^(=6T!IQ>2 M1>6"9=WDJ2. /;.JW&GM<.=T40(P3UPP(X/IS70^ O ML-GI-W=W^HW&H?VI&5FBD)"$'J2,G+>]$Y)KGOIV"*Z6,'XG!C (P#V;##=^0KU'P5X&T[PGI31QM]JN+ ;C:\T\J ;L#@