Invesco CurrencyShares Australian Dollar Trust is a grantor trust that enables institutional and retail investors to gain exposure to Australian Dollar currency movements through exchange-traded shares listed on NYSE Arca. The Trust holds Australian Dollars in deposit accounts and issues shares that track the price of the Australian Dollar in USD plus accrued interest, minus operating expenses; shares are created and redeemed in large blocks in exchange for direct deposits of the currency. The Trust generates recurring revenue through a daily sponsor fee of 0.40% annually on assets under management, plus transaction fees charged to authorized participants for creation and redemption orders, with the sponsor covering administrative, custodial, listing, audit, and legal expenses.