EX-99.1 2 tm1924885d1_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, 2019

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Futures  $(3,527,113)
Unrealized Gain (Loss) on Market Value of Futures   (4,560,634)
Dividend Income   33,736 
Interest Income   316,852 
ETF Transaction Fees   1,050 
Total Income (Loss)  $(7,736,109)
      
Expenses     
Management Fees  $149,664 
Professional Fees   27,966 
Brokerage Commissions   22,541 
Non-interested Directors' Fees and Expenses   3,016 
Prepaid Insurance Expense   6,733 
Total Expenses  $209,920 
Net Income (Loss)  $(7,946,029)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 11/1/19  $232,217,112 
Withdrawals (150,000 Shares)   (5,408,667)
Net Income (Loss)   (7,946,029)
      
Net Asset Value End of Month  $218,862,416 
Net Asset Value Per Share (6,250,000 Shares)  $35.02 

 

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, 2019 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, 2019

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Futures  $158,738 
Unrealized Gain (Loss) on Market Value of Futures   (102,575)
Dividend Income   1,286 
Interest Income   9,437 
ETF Transaction Fees   350 
Total Income (Loss)  $67,236 
      
Expenses     
Management Fees  $4,239 
Professional Fees   4,606 
Brokerage Commissions   345 
Non-interested Directors' Fees and Expenses   105 
Prepaid Insurance Expense   85 
Total Expenses   9,380 
Expense Waiver   (4,162)
Net Expenses  $5,218 
Net Income (Loss)  $62,018 

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 11/1/19  $7,447,881 
Additions (50,000 Shares)   824,526 
Net Income (Loss)   62,018 
      
Net Asset Value End of Month  $8,334,425 
Net Asset Value Per Share (500,000 Shares)  $16.67 

 

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, 2019 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, 2019

 

Statement of Income (Loss)    
Income     
Realized Trading Gain (Loss) on Futures  $(3,368,375)
Unrealized Gain (Loss) on Market Value of Futures   (4,663,209)
Dividend Income   35,022 
Interest Income   326,289 
ETF Transaction Fees   1,400 
Total Income (Loss)  $(7,668,873)
      
Expenses     
Management Fees  $153,903 
Professional Fees   32,572 
Brokerage Commissions   22,886 
Non-interested Directors' Fees and Expenses   3,121 
Prepaid Insurance Expense   6,818 
Total Expenses   219,300 
Expense Waiver   (4,162)
Net Expenses  $215,138 
Net Income (Loss)  $(7,884,011)

 

Statement of Changes in Net Asset Value    
Net Asset Value Beginning of Month 11/1/19  $239,664,993 
Additions (50,000 Shares)   824,526 
Withdrawals (150,000 Shares)   (5,408,667)
Net Income (Loss)   (7,884,011)
      
Net Asset Value End of Month  $227,196,841 

 

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, 2019 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