EX-99.1 2 tm2135395d7_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, 2021

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(1,853,210)
Unrealized Gain (Loss) on Market Value of Commodity Futures   (16,143,168)
Dividend Income   4,960 
ETF Transaction Fees   350 
Total Income (Loss)  $(17,991,068)
      
Expenses     
Management Fees  $166,403 
Professional Fees   15,334 
Brokerage Commissions   14,475 
Directors' Fees and insurance   4,198 
SEC & FINRA Registration Expense   3,254 
Total Expenses  $203,664 
Net Income (Loss)  $(18,194,732)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 11/1/21  $252,967,052 
Additions (50,000 Shares)   2,200,718 
Net Income (Loss)   (18,194,732)
      
Net Asset Value End of Month  $236,973,038 
Net Asset Value Per Share (5,850,000 Shares)  $40.51 

 

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, 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 November 30, 2021

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $9,181,150 
Unrealized Gain (Loss) on Market Value of Commodity Futures   (15,279,562)
Dividend Income   5,547 
Interest Income   17 
ETF Transaction Fees   2,100 
Total Income (Loss)  $(6,090,748)
      
Expenses     
Management Fees  $152,298 
Professional Fees   20,425 
Brokerage Commissions   13,668 
Directors' Fees and insurance   5,010 
SEC & FINRA Registration Expense   11,657 
Total Expenses  $203,058 
Net Income (Loss)  $(6,293,806)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 11/1/21  $285,898,489 
Additions (200,000 Shares)   5,333,108 
Withdrawals (900,000 Shares)   (23,600,659)
Net Income (Loss)   (6,293,806)
      
Net Asset Value End of Month  $261,337,132 
Net Asset Value Per Share (10,000,000 Shares)  $26.13 

 

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, 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 November 30, 2021

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $7,327,940 
Unrealized Gain (Loss) on Market Value of Commodity Futures   (31,422,730)
Dividend Income   10,507 
Interest Income   17 
ETF Transaction Fees   2,450 
Total Income (Loss)  $(24,081,816)
      
Expenses     
Management Fees  $318,701 
Professional Fees   35,759 
Brokerage Commissions   28,143 
Directors' Fees and insurance   9,208 
SEC & FINRA Registration Expense   14,911 
Total Expenses  $406,722 
Net Income (Loss)  $(24,488,538)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 11/1/21  $538,865,541 
Additions (250,000 Shares)   7,533,826 
Withdrawals (900,000 Shares)   (23,600,659)
Net Income (Loss)   (24,488,538)
      
Net Asset Value End of Month  $498,310,170 

 

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, 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