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6. Transactions With Manager and Affiliates
12 Months Ended
Mar. 30, 2015
Notes  
6. Transactions With Manager and Affiliates

6.     Transactions with Manager and Affiliates

 

Pursuant to the terms of the Trust Agreement, the Trust incurs an annual management fee (the “Management Fee”) payable to the Manager for its services in connection with the management of the affairs of the Trust. The annual Management Fee is equal to 0.5% of Invested Assets (as such term is defined in the Trust Agreement). The Trust incurred Management Fees of $124,571 and $155,707 for the years ended March 30, 2015 and 2014, respectively. Unpaid Management Fees in the amount of $586,503 and $717,095 are reflected as payable to manager and affiliates in the accompanying balance sheets as of March 30, 2015 and 2014, respectively.