EX-99.1 2 tm2132696d7_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 October 31, 2021

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $15,782,498 
Unrealized Gain (Loss) on Market Value of Commodity Futures   78,628 
Dividend Income   5,092 
Interest Income   10 
ETF Transaction Fees   1,050 
Total Income (Loss)  $15,867,278 
      
Expenses     
Management Fees  $171,552 
Professional Fees   15,144 
Brokerage Commissions   17,220 
Directors' Fees and insurance   4,295 
SEC & FINRA Registration Expense   3,363 
Total Expenses  $211,574 
Net Income (Loss)  $15,655,704 

  

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 10/1/21  $235,500,454 
Additions (250,000 Shares)   10,664,264 
Withdrawals (200,000 Shares)   (8,853,370)
Net Income (Loss)   15,655,704 
      
Net Asset Value End of Month  $252,967,052 
Net Asset Value Per Share (5,800,000 Shares)  $43.62 

 

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 October 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 October 31, 2021

  

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $895,500 
Unrealized Gain (Loss) on Market Value of Commodity Futures   15,500,787 
Dividend Income   5,137 
Interest Income   6 
ETF Transaction Fees   2,800 
Total Income (Loss)  $16,404,230 
      
Expenses     
Management Fees  $140,300 
Professional Fees   21,805 
Brokerage Commissions   1,385 
Directors' Fees and insurance   5,178 
SEC & FINRA Registration Expense   12,046 
Total Expenses  $180,714 
Net Income (Loss)  $16,223,516 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 10/1/21  $237,771,844 
Additions (1,700,000 Shares)   46,007,364 
Withdrawals (500,000 Shares)   (14,104,235)
Net Income (Loss)   16,223,516 
      
Net Asset Value End of Month  $285,898,489 
Net Asset Value Per Share (10,700,000 Shares)  $26.72 

 

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 October 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 October 31, 2021

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $16,677,998 
Unrealized Gain (Loss) on Market Value of Commodity Futures   15,579,415 
Dividend Income   10,229 
Interest Income   16 
ETF Transaction Fees   3,850 
Total Income (Loss)  $32,271,508 
      
Expenses     
Management Fees  $311,852 
Professional Fees   36,949 
Brokerage Commissions   18,605 
Directors' Fees and insurance   9,473 
SEC & FINRA Registration Expense   15,409 
Total Expenses  $392,288 
Net Income (Loss)  $31,879,220 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 10/1/21  $473,272,298 
Additions (1,950,000 Shares)   56,671,628 
Withdrawals (700,000 Shares)   (22,957,605)
Net Income (Loss)   31,879,220 
      
Net Asset Value End of Month  $538,865,541 

 

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 October 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