Subsequent Events

9 Months Ended

Sep. 30, 2016

Subsequent Events [Abstract]

Subsequent Events

(11) Subsequent Events

On October 25, 2016, Invesco provided Deutsche Bank Securities Inc. (“DBSI”) with notice of intent to terminate the Futures and Options Agreement effective as of November 25, 2016 (“Termination Date”).  There are no termination penalties to be incurred by the Fund, the Managing Owner or DBSI in connection with the early termination of the Futures and Options Agreement.

Effective as of the Termination Date, the Managing Owner intends to engage Morgan Stanley & Co. LLC to provide the services currently provided by DBSI pursuant to the Futures and Options Agreement.