EX-99.1 2 tm226731d7_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 January 31, 2022

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $16,964,183 
Unrealized Gain (Loss) on Market Value of Commodity Futures   5,612,388 
Dividend Income   4,841 
Interest Income   92 
ETF Transaction Fees   700 
Total Income (Loss)  $22,582,204 
      
Expenses     
Management Fees  $167,084 
Professional Fees   15,844 
Brokerage Commissions   13,890 
Directors' Fees and insurance   4,403 
SEC & FINRA Registration Expense   3,363 
Total Expenses  $204,584 
Net Income (Loss)  $22,377,620 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 1/1/22  $234,520,505 
Additions (150,000 Shares)   6,923,393 
Withdrawals (100,000 Shares)   (4,693,385)
Net Income (Loss)   22,377,620 
      
Net Asset Value End of Month  $259,128,133 
Net Asset Value Per Share (5,450,000 Shares)  $47.55 

 

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 January 31, 2022 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 January 31, 2022

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $38,250 
Unrealized Gain (Loss) on Market Value of Commodity Futures   (6,920,750)
Dividend Income   4,610 
Interest Income   6 
ETF Transaction Fees   2,100 
Total Income (Loss)  $(6,875,784)
      
Expenses     
Management Fees  $125,789 
Professional Fees   21,105 
Brokerage Commissions   504 
Directors' Fees and insurance   5,177 
SEC & FINRA Registration Expense   12,046 
Total Expenses   164,621 
Net Income (Loss)  $(7,040,405)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 1/1/22  $228,783,408 
Additions (150,000 Shares)   4,077,109 
Withdrawals (650,000 Shares)   (17,501,848)
Net Income (Loss)   (7,040,405)
      
Net Asset Value End of Month  $208,318,264 
Net Asset Value Per Share (7,900,000 Shares)  $26.37 

  

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 January 31, 2022 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 January 31, 2022

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Commodity Futures  $17,002,433 
Unrealized Gain (Loss) on Market Value of Commodity Futures   (1,308,362)
Dividend Income   9,451 
Interest Income   98 
ETF Transaction Fees   2,800 
Total Income (Loss)  $15,706,420 
      
Expenses     
Management Fees  $292,873 
Professional Fees   36,949 
Brokerage Commissions   14,394 
Non-interested Directors' Fees and Expenses   9,580 
SEC & FINRA Registration Expense   15,409 
Total Expenses   369,205 
Net Income (Loss)  $15,337,215 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 1/1/22  $463,303,913 
Additions (300,000 Shares)   11,000,502 
Withdrawals (750,000 Shares)   (22,195,233)
Net Income (Loss)   15,337,215
      
Net Asset Value End of Month  $467,446,397 

 

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 January 31, 2022 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