EX-99.1 2 tm2038310d7_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

United States Commodity Index Funds Trust

United States Commodity Index Fund

Monthly Account Statement

For the Month Ended November 30, 2020

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $2,302,517 
Unrealized Gain (Loss) on Market Value of Futures   1,663,906 
Dividend Income   2,461 
Interest Income   396 
Total Income (Loss)  $3,969,280 
      
Expenses     
Management Fees  $70,236 
Professional Fees   13,525 
Brokerage Commissions   8,162 
Directors' Fees and insurance   2,322 
Total Expenses  $94,245 
Net Income (Loss)  $3,875,035 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 11/1/20  $103,844,974 
Net Income (Loss)   3,875,035 
      
Net Asset Value End of Month  $107,720,009 
Net Asset Value Per Share (3,500,000 Shares)  $30.78 

 

To the Shareholders of United States Commodity Index Fund:

 

Pursuant to Rule 4.22(h) under the Commodity Exchange Act, the undersigned represents that, to the best of his knowledge and belief, the information contained in the Account Statement for the month ended November 30, 2020 is accurate and complete.

 

/s/ Stuart P. Crumbaugh  

Stuart P. Crumbaugh

Chief Financial Officer

United States Commodity Funds LLC, Sponsor of United States Commodity Index Fund

 

United States Commodity Funds LLC

1850 Mt. Diablo Boulevard, Suite 640

Walnut Creek, CA 94596

 

 

 

 

United States Commodity Index Funds Trust

United States Copper Index Fund

Monthly Account Statement

For the Month Ended November 30, 2020

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $2,147,312 
Unrealized Gain (Loss) on Market Value of Futures   1,651,575 
Dividend Income   726 
Interest Income   41 
ETF Transaction Fees   1,050 
Total Income (Loss)  $3,800,704 
      
Expenses     
Management Fees  $16,361 
Professional Fees   8,049 
Brokerage Commissions   1,673 
Directors' Fees and insurance   2,339 
Total Expenses   28,422 
Expense Waiver   (8,286)
Net Expenses  $20,136 
Net Income (Loss)  $3,780,568 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 11/1/20  $27,329,258 
Additions (250,000 Shares)   4,987,118 
Net Income (Loss)   3,780,568 
      
Net Asset Value End of Month  $36,096,944 
Net Asset Value Per Share (1,700,000 Shares)  $21.23 

 

To the Shareholders of United States Copper Index Fund:

 

Pursuant to Rule 4.22(h) under the Commodity Exchange Act, the undersigned represents that, to the best of his knowledge and belief, the information contained in the Account Statement for the month ended November 30, 2020 is accurate and complete.

 

/s/ Stuart P. Crumbaugh  

Stuart P. Crumbaugh

Chief Financial Officer

United States Commodity Funds LLC, Sponsor of United States Copper Index Fund

 

United States Commodity Funds LLC

1850 Mt. Diablo Boulevard, Suite 640

Walnut Creek, CA 94596

 

 

 

 

United States Commodity Index Funds Trust

Monthly Account Statement

For the Month Ended November 30, 2020

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $4,449,829 
Unrealized Gain (Loss) on Market Value of Futures   3,315,481 
Dividend Income   3,187 
Interest Income   437 
ETF Transaction Fees   1,050 
Total Income (Loss)  $7,769,984 
      
Expenses     
Management Fees  $86,597 
Professional Fees   21,574 
Brokerage Commissions   9,835 
Directors' Fees and insurance   4,661 
Total Expenses   122,667 
Expense Waiver   (8,286)
Net Expenses  $114,381 
Net Income (Loss)  $7,655,603 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 11/1/20  $131,174,232 
Additions (250,000 Shares)   4,987,118 
Net Income (Loss)   7,655,603 
      
Net Asset Value End of Month  $143,816,953 

 

To the Shareholders of the Series of the United States Commodity Index Funds Trust:

 

Pursuant to Rule 4.22(h) under the Commodity Exchange Act, the undersigned represents that, to the best of his knowledge and belief, the information contained in the Account Statement for the month ended November 30, 2020 is accurate and complete.

 

/s/ Stuart P. Crumbaugh  

Stuart P. Crumbaugh

Chief Financial Officer

United States Commodity Funds LLC, Sponsor of United States Commodity Index Funds Trust

 

United States Commodity Funds LLC

1850 Mt. Diablo Boulevard, Suite 640

Walnut Creek, CA 94596