EX-99.1 2 tm223088d7_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 December 31, 2021

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $1,571,008 
Unrealized Gain (Loss) on Market Value of Commodity Futures   14,944,002 
Dividend Income   4,622 
Interest Income   46 
ETF Transaction Fees   1,050 
Total Income (Loss)  $16,520,728 
      
Expenses     
Management Fees  $157,824 
Professional Fees   15,844 
Brokerage Commissions   8,270 
Directors' Fees and insurance   4,361 
SEC & FINRA Registration Expense   3,363 
Total Expenses  $189,662 
Net Income (Loss)  $16,331,066 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 12/1/21  $236,973,038 
Withdrawals (450,000 Shares)   (18,783,599)
Net Income (Loss)   16,331,066 
      
Net Asset Value End of Month  $234,520,505 
Net Asset Value Per Share (5,400,000 Shares)  $43.43 

 

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 December 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 December 31, 2021

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $(784,426)
Unrealized Gain (Loss) on Market Value of Commodity Futures   10,608,537 
Dividend Income   4,840 
Interest Income   72 
ETF Transaction Fees   2,800 
Total Income (Loss)  $9,831,823 
      
Expenses     
Management Fees  $133,309 
Professional Fees   21,104 
Brokerage Commissions   1,003 
Directors' Fees and insurance   5,178 
SEC & FINRA Registration Expense   12,046 
Total Expenses  $172,640 
Net Income (Loss)  $9,659,183 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 12/1/21  $261,337,132 
Withdrawals (1,600,000 Shares)   (42,212,907)
Net Income (Loss)   9,659,183 
      
Net Asset Value End of Month  $228,783,408 
Net Asset Value Per Share (8,400,000 Shares)  $27.24 

 

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 December 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 December 31, 2021

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $786,582 
Unrealized Gain (Loss) on Market Value of Commodity Futures   25,552,539 
Dividend Income   9,462 
Interest Income   118 
ETF Transaction Fees   3,850 
Total Income (Loss)  $26,352,551 
      
Expenses     
Management Fees  $291,133 
Professional Fees   36,948 
Brokerage Commissions   9,273 
Directors' Fees and insurance   9,539 
SEC & FINRA Registration Expense   15,409 
Total Expenses  $362,302 
Net Income (Loss)  $25,990,249 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 12/1/21  $498,310,170 
Withdrawals (2,050,000 Shares)   (60,996,506)
Net Income (Loss)   25,990,249 
      
Net Asset Value End of Month  $463,303,913 

 

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 December 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