FXC distributions plunge 86% as deposit rates fall and USD strength pressures CAD

Filed May 7, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 8, 2025 · ~1 min read

Key Changes

• high

  Monthly distributions collapsed 83-88% year-over-year (Jan: $0.062→$0.007, Feb: $0.052→$0.007, Mar: $0.038→$0.006), with annualized yields falling from 0.72-1.07% to 0.12% across all three months.

  MD&A: Monthly Distributions verify on EDGAR →
• high

  Interest rate on the Trust's primary deposit account fell 44% from 0.91% to 0.51% annually, directly reducing income available for shareholder distributions.

  MD&A: Interest Rate verify on EDGAR →
• medium

  CAD posted negative Q1 2026 performance despite energy price support, driven by broad USD strength, geopolitical risk-off sentiment, and Canadian rates remaining below U.S. levels.

  MD&A: Q1 2026 Performance verify on EDGAR →