EX-99.1 2 tm2130058d7_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 September 30, 2021

 

Statement of Income (Loss)    

Income    
Realized Trading Gain (Loss) on Commodity Futures  $5,817,776 
Unrealized Gain (Loss) on Market Value of Commodity Futures   (269,340)
Dividend Income   4,544 
Interest Income   5 
ETF Transaction Fees   350 
Total Income (Loss)  $5,553,335 
      
Expenses     
Management Fees  $152,976 
Professional Fees   13,833 
Brokerage Commissions   11,805 
Directors' Fees and insurance   4,179 
SEC & FINRA Registration Expense   3,254 
Total Expenses  $186,047 
Net Income (Loss)  $5,367,288 

 

Statement of Changes in Net Asset Value    

Net Asset Value Beginning of Month 9/1/21   $ 234,113,316  
Withdrawals (100,000 Shares)     (3,980,150 )
Net Income (Loss)     5,367,288  
         
Net Asset Value End of Month   $ 235,500,454  
Net Asset Value Per Share (5,750,000 Shares)   $ 40.96  

 

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 September 30, 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 September 30, 2021

 

Statement of Income (Loss)    

Income    
Realized Trading Gain (Loss) on Commodity Futures  $(1,314,900)
Unrealized Gain (Loss) on Market Value of Commodity Futures   (16,927,850)
Dividend Income   5,370 
Interest Income   3 
ETF Transaction Fees   1,400 
Total Income (Loss)  $(18,235,977)
      
Expenses     
Management Fees  $147,393 
Professional Fees   21,923 
Brokerage Commissions   756 
Directors' Fees and insurance   5,010 
SEC & FINRA Registration Expense   11,658 
Total Expenses  $186,740 
Net Income (Loss)  $(18,422,717)

 

Statement of Changes in Net Asset Value    

Net Asset Value Beginning of Month 9/1/21  $278,694,253 
Additions (150,000 Shares)   3,965,244 
Withdrawals (1,050,000 Shares)   (26,464,936)
Net Income (Loss)   (18,422,717)
      
Net Asset Value End of Month  $237,771,844 
Net Asset Value Per Share (9,500,000 Shares)  $25.03 

 

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 September 30, 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 September 30, 2021

 

Statement of Income (Loss)  

Income    
Realized Trading Gain (Loss) on Commodity Futures  $4,502,876 
Unrealized Gain (Loss) on Market Value of Commodity Futures   (17,197,190)
Dividend Income   9,914 
Interest Income   8 
ETF Transaction Fees   1,750 
Total Income (Loss)  $(12,682,642)
      
Expenses     
Management Fees  $300,369 
Professional Fees   35,756 
Brokerage Commissions   12,561 
Directors' Fees and insurance   9,189 
SEC & FINRA Registration Expense   14,912 
Total Expenses  $372,787 
Net Income (Loss)  $(13,055,429)

 

Statement of Changes in Net Asset Value  

Net Asset Value Beginning of Month 9/1/21  $512,807,569 
Additions (150,000 Shares)   3,965,244 
Withdrawals (1,150,000 Shares)   (30,445,086)
Net Income (Loss)   (13,055,429)
      
Net Asset Value End of Month  $473,272,298 

 

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 September 30, 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