EX-99.1 2 tm219579d7_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 February 28, 2021

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $8,487,311 
Unrealized Gain (Loss) on Market Value of Commodity Futures   5,040,044 
Dividend Income   1,396 
Interest Income   574 
ETF Transaction Fees   1,750 
Total Income (Loss)  $13,531,075 
      
Expenses     
Management Fees  $98,418 
Professional Fees   14,023 
Brokerage Commissions   9,982 
Directors' Fees and insurance   2,411 
Total Expenses  $124,834 
Net Income (Loss)  $13,406,241 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 2/1/21  $146,848,372 
Additions (550,000 Shares)   19,810,385 
Withdrawals (250,000 Shares)   (9,350,830)
Net Income (Loss)   13,406,241 
      
Net Asset Value End of Month  $170,714,168 
Net Asset Value Per Share (4,700,000 Shares)  $36.32 

 

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 February 28, 2021 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 February 28, 2021

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $3,431,337 
Unrealized Gain (Loss) on Market Value of Commodity Futures   11,931,537 
Dividend Income   984 
Interest Income   575 
ETF Transaction Fees   5,600 
Total Income (Loss)  $15,370,033 
      
Expenses     
Management Fees  $59,749 
Professional Fees   9,612 
Brokerage Commissions   3,925 
Directors' Fees and insurance   2,183 
Total Expenses   75,469 
Expense Waiver   (1,932)
Net Expenses  $73,537 
Net Income (Loss)  $15,296,496 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 2/1/21  $98,620,390 
Additions (2,600,000 Shares)   64,571,140 
Withdrawals (250,000 Shares)   (5,810,287)
Net Income (Loss)   15,296,496 
      
Net Asset Value End of Month  $172,677,739 
Net Asset Value Per Share (6,850,000 Shares)  $25.21 

 

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 February 28, 2021 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 February 28, 2021

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $11,918,648 
Unrealized Gain (Loss) on Market Value of Commodity Futures   16,971,581 
Dividend Income   2,380 
Interest Income   1,149 
ETF Transaction Fees   7,350 
Total Income (Loss)  $28,901,108 
      
Expenses     
Management Fees  $158,167 
Professional Fees   23,635 
Brokerage Commissions   13,907 
Directors' Fees and insurance   4,594 
Total Expenses   200,303 
Expense Waiver   (1,932)
Net Expenses  $198,371 
Net Income (Loss)  $28,702,737 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 2/1/21  $245,468,762 
Additions (3,150,000 Shares)   84,381,525 
Withdrawals (500,000 Shares)   (15,161,117)
Net Income (Loss)   28,702,737 
      
Net Asset Value End of Month  $343,391,907 

 

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 February 28, 2021 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