CONTRACTS AND AGREEMENTS (Tables)

3 Months Ended

Mar. 31, 2019

USCI

	For the three months ended March 31, 2019			For the three months ended March 31, 2018
Total commissions accrued to brokers	$	176,921		$	169,522
Total commissions as annualized percentage of average total net assets		0.16	%		0.13	%
Commissions accrued as a result of rebalancing	$	173,345		$	164,193
Percentage of commissions accrued as a result of rebalancing		97.98	%		96.86	%
Commissions accrued as a result of creation and redemption activity	$	3,576		$	5,329
Percentage of commissions accrued as a result of creation and redemption activity		2.02	%		3.14	%

The increase in total commissions accrued to brokers for the three months ended March 31, 2019, compared to the three months ended March 31, 2018, was due primarily to a higher number of contracts held and traded.

CPER

	For the three months ended March 31, 2019			For the three months ended March 31, 2018
Total commissions accrued to brokers	$	1,509		$	2,198
Total commissions as annualized percentage of average total net assets		0.05	%		0.06	%
Commissions accrued as a result of rebalancing	$	1,286		$	1,953
Percentage of commissions accrued as a result of rebalancing		85.22	%		88.85	%
Commissions accrued as a result of creation and redemption activity	$	223		$	245
Percentage of commissions accrued as a result of creation and redemption activity		14.78	%		11.15	%

The decrease in total commissions accrued to brokers for the three months ended March 31, 2019, compared to the three months ended March 31, 2018, was due primarily to a lower number of contracts held and traded.