Management Fee

Voting for the management fee calculation change has closed and the motion passed overwhelmingly, 428 - 0. The calculation of the fee based on the 30-day average will begin with the August dividend.

Voting on securities

The fund voted YES on CB.IDIFF-E and NO on COG.F3. Voting has opened for ICEDRILL.ASIC and PETA-MINE. Both are new issues and voting closes in 5 days.
Edit: Due to a math error, COG.F3 was originally reported as ABSTAIN. This has been corrected and the vote has been changed to NO.

Other

100 shares of BTC-TRADING-PT were redeemed for 10 shares of LTC-GLOBAL. The fund currently holds 140 shares of LTC-GLOBAL and has 1400 shares outstanding.