EX-99.1 2 v342925_ex99-1.htm EXHIBIT 99.1

 

 

 

 

United States Commodity Index Funds Trust

United States Commodity Index Fund

Monthly Account Statement

For the Month Ended March 31, 2013

 

Statement of Income (Loss)    
     
Income    
Realized Trading Gain (Loss) on Futures  $(6,889,968)
Unrealized Gain (Loss) on Market Value of Futures   450,063 
Unrealized Gain (Loss) on Foreign Currency Translations   (4)
Interest Income   28,820 
ETF Transaction Fees   350 
Total Income (Loss)  $(6,410,739)
      
Expenses     
Management Fees  $414,061 
Brokerage Commissions   28,030 
Tax Reporting Fees   16,213 
Audit Fees   9,393 
Non-interested Directors' Fees and Expenses   4,994 
Prepaid Insurance Expense   3,412 
Legal Fees   2,173 
Total Expenses  $478,276 
Net Income (Loss)  $(6,889,015)

 

Statement of Changes in Net Asset Value    
     
Net Asset Value Beginning of Month 3/1/13  $517,115,793 
Withdrawals (50,000 Units)   (2,888,357)
Net Income (Loss)   (6,889,015)
      
Net Asset Value End of Month  $507,338,421 
Net Asset Value Per Unit (8,900,000 Units)  $57.00 

 

To the Unitholders 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 March 31, 2013 is accurate and complete.

  

/s/ Howard Mah  

 

Howard Mah

Chief Financial Officer

United States Commodity Funds LLC, Sponsor of the United States Commodity Index Fund

 

United States Commodity Funds LLC

1999 Harrison Street, Suite 1530

Oakland, CA 94612

 

 
 

 

United States Commodity Index Funds Trust

United States Copper Index Fund

Monthly Account Statement

For the Month Ended March 31, 2013

 

 

Statement of Income (Loss)    
     
Income    
Unrealized Gain (Loss) on Market Value of Futures  $(96,775)
Interest Income   153 
Total Income (Loss)  $(96,622)
      
Expenses     
Management Fees  $1,340 
Non-interested Directors' Fees and Expenses   24 
Prepaid Insurance Expense   16 
Other Expenses   8,494 
Total Expenses   9,874 
Expense Waiver   (8,186)
Net Expenses  $1,688 
Net Income (Loss)  $(98,310)

 

Statement of Changes in Net Asset Value    
     
Net Asset Value Beginning of Month 3/1/13  $2,466,894 
Net Income (Loss)   (98,310)
      
Net Asset Value End of Month  $2,368,584 
Net Asset Value Per Unit (100,000 Units)  $23.69 

 

To the Unitholders 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 March 31, 2013 is accurate and complete.

 

/s/ Howard Mah  

 

Howard Mah

Chief Financial Officer

United States Commodity Funds LLC, Sponsor of the United States Copper Index Fund

 

United States Commodity Funds LLC

1999 Harrison Street, Suite 1530

Oakland, CA 94612

 

 
 

  

United States Commodity Index Funds Trust

United States Agriculture Index Fund

Monthly Account Statement

For the Month Ended March 31, 2013

 

Statement of Income (Loss)    
     
Income    
Realized Trading Gain (Loss) on Futures  $(80,304)
Unrealized Gain (Loss) on Market Value of Futures   38,033 
Unrealized Gain (Loss) on Foreign Currency Translations   127 
Interest Income   152 
Total Income (Loss)  $(41,992)
      
Expenses     
Management Fees  $1,657 
Brokerage Commissions   252 
Non-interested Directors' Fees and Expenses   24 
Prepaid Insurance Expense   16 
Other Expenses   10,602 
Total Expenses   12,551 
Expense Waiver   (10,292)
Net Expenses  $2,259 
Net Income (Loss)  $(44,251)

 

Statement of Changes in Net Asset Value    
     
Net Asset Value Beginning of Month 3/1/13  $2,445,098 
Net Income (Loss)   (44,251)
      
Net Asset Value End of Month  $2,400,847 
Net Asset Value Per Unit (100,000 Units)  $24.01 

 

To the Unitholders of United States Agriculture 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 March 31, 2013 is accurate and complete.

 

/s/ Howard Mah  

 

Howard Mah

Chief Financial Officer

United States Commodity Funds LLC, Sponsor of the United States Agriculture Index Fund

 

United States Commodity Funds LLC

1999 Harrison Street, Suite 1530

Oakland, CA 94612

 

 
 

  

United States Commodity Index Funds Trust

United States Metals Index Fund

Monthly Account Statement

For the Month Ended March 31, 2013

 

Statement of Income (Loss)    
     
Income    
Realized Trading Gain (Loss) on Futures  $(53,271)
Unrealized Gain (Loss) on Market Value of Futures   6,892 
Interest Income   149 
Total Income (Loss)  $(46,230)
      
Expenses     
Management Fees  $1,519 
Brokerage Commissions   61 
Non-interested Directors' Fees and Expenses   25 
Prepaid Insurance Expense   16 
Other Expenses   10,602 
Total Expenses   12,223 
Expense Waiver   (10,277)
Net Expenses  $1,946 
Net Income (Loss)  $(48,176)

 

Statement of Changes in Net Asset Value    
     
Net Asset Value Beginning of Month 3/1/13  $2,565,511 
Net Income (Loss)   (48,176)
      
Net Asset Value End of Month  $2,517,335 
Net Asset Value Per Unit (100,000 Units)  $25.17 

  

To the Unitholders of United States Metals 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 March 31, 2013 is accurate and complete.

 

/s/ Howard Mah  

 

Howard Mah

Chief Financial Officer

United States Commodity Funds LLC, Sponsor of the United States Metals Index Fund

 

United States Commodity Funds LLC

1999 Harrison Street, Suite 1530

Oakland, CA 94612

 

 
 

  

United States Commodity Index Funds Trust

Monthly Account Statement

For the Month Ended March 31, 2013

 

Statement of Income (Loss)    
     
Income    
Realized Trading Gain (Loss) on Futures  $(7,023,543)
Unrealized Gain (Loss) on Market Value of Futures   398,213 
Unrealized Gain (Loss) on Foreign Currency Translations   123 
Interest Income   29,274 
ETF Transaction Fees   350 
Total Income (Loss)  $(6,595,583)
      
Expenses     
Management Fees  $418,577 
Brokerage Commissions   28,343 
Tax Reporting Fees   16,213 
Audit Fees   9,393 
Non-interested Directors' Fees and Expenses   5,067 
Prepaid Insurance Expense   3,460 
Other Expenses   31,871 
Total Expenses   512,924 
Expense Waiver   (28,755)
Net Expenses  $484,169 
Net Income (Loss)  $(7,079,752)

 

     
Statement of Changes in Net Asset Value    
     
Net Asset Value Beginning of Month 3/1/13  $524,593,296 
Withdrawals (50,000 Units)   (2,888,357)
Net Income (Loss)   (7,079,752)
      
Net Asset Value End of Month  $514,625,187 

 

To the Unitholders 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 March 31, 2013 is accurate and complete.

 

/s/ Howard Mah  

 

Howard Mah

Chief Financial Officer

United States Commodity Funds LLC, Sponsor of United States Commodity Index Funds Trust

 

United States Commodity Funds LLC

1999 Harrison Street, Suite 1530

Oakland, CA 94612