INVESTMENT MANAGEMENT AND OTHER FEES (Tables)

12 Months Ended

Jun. 30, 2021

Investment Management and Other Fees [Abstract]

Disaggregation of Revenue [Table Text Block]

The following table presents operating revenues disaggregated by performance obligation:

	Year Ended June 30,
(dollars in thousands)	2021		2020
USGIF advisory fees	$	3,836	$	3,093
USGIF performance fees earned (paid)		482		(525	)
ETF advisory fees		17,127		1,743
Total advisory fees		21,445		4,311
USGIF administrative services fees		209		165
Total Operating Revenue	$	21,654	$	4,476