EX-99.1 2 tm2127618d7_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 August 31, 2021

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $203,577 
Unrealized Gain (Loss) on Market Value of Commodity Futures   (4,293,619)
Dividend Income   4,781 
Interest Income   29 
ETF Transaction Fees   350 
Total Income (Loss)  $(4,084,882)
      
Expenses     
Management Fees  $161,710 
Professional Fees   14,294 
Brokerage Commissions   14,518 
Directors' Fees and insurance   4,322 
SEC & FINRA Registration Expense   3,362 
Total Expenses  $198,206 
Net Income (Loss)  $(4,283,088)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 8/1/21  $242,434,904 
Withdrawals (100,000 Shares)   (4,038,500)
Net Income (Loss)   (4,283,088)
      
Net Asset Value End of Month  $234,113,316 
Net Asset Value Per Share (5,850,000 Shares)  $40.02 

 

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 August 31, 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 August 31, 2021

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(7,098,799)
Unrealized Gain (Loss) on Market Value of Commodity Futures   (177,248)
Dividend Income   5,763 
Interest Income   53 
ETF Transaction Fees   1,050 
Total Income (Loss)  $(7,269,181)
      
Expenses     
Management Fees  $158,285 
Professional Fees   22,655 
Brokerage Commissions   13,997 
Directors' Fees and insurance   5,177 
SEC & FINRA Registration Expense   12,046 
Total Expenses  $212,160 
Net Income (Loss)  $(7,481,341)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 8/1/21  $300,793,150 
Withdrawals (550,000 Shares)   (14,617,556)
Net Income (Loss)   (7,481,341)
      
Net Asset Value End of Month  $278,694,253 
Net Asset Value Per Share (10,400,000 Shares)  $26.80 

 

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 August 31, 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 August 31, 2021

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(6,895,222)
Unrealized Gain (Loss) on Market Value of Commodity Futures   (4,470,867)
Dividend Income   10,544 
Interest Income   82 
ETF Transaction Fees   1,400 
Total Income (Loss)  $(11,354,063)
      
Expenses     
Management Fees  $319,995 
Professional Fees   36,949 
Brokerage Commissions   28,515 
Directors' Fees and insurance   9,499 
SEC & FINRA Registration Expense   15,408 
Total Expenses  $410,366 
Net Income (Loss)  $(11,764,429)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 8/1/21  $543,228,054 
Withdrawals (650,000 Shares)   (18,656,056)
Net Income (Loss)   (11,764,429)
      
Net Asset Value End of Month  $512,807,569 

 

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 August 31, 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