3.	Japanese Yen Deposits

Japanese Yen principal deposits are held in a Japanese Yen-denominated, interest-bearing demand account. The interest rate in effect as of January 31, 2014 was an annual nominal rate of 0.00%. For the three months ended January 31, 2014, there were Japanese Yen principal deposits of 11,234,404,641, Japanese Yen principal redemptions of 5,372,960,174 and Japanese Yen withdrawals (to pay expenses) of 15,251,633 resulting in an ending Japanese Yen principal balance of 20,024,807,141. This equates to 196,350,514 USD. For the year ended October 31, 2013, there were Japanese Yen principal deposits of 68,580,969,566, Japanese Yen principal redemptions of 64,654,426,112 and Japanese Yen withdrawals (to pay expenses) of 56,370,633 resulting in an ending Japanese Yen principal balance of 14,178,614,307. This equates to 144,517,524 USD.

Net interest, if any, associated with creation and redemption activity is held in a Japanese Yen-denominated non-interest-bearing account, and any balance is distributed in full as part of the monthly income distributions, if any.