EX-99.1 2 v348384_ex99-1.htm EXHIBIT 99.1

 

United States Commodity Index Funds Trust

United States Commodity Index Fund

Monthly Account Statement

For the Month Ended May 31, 2013

 

 

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $(12,304,855)
Realized Trading Gain (Loss) on Foreign Currency Transactions   370 
Unrealized Gain (Loss) on Market Value of Futures   11,856,535 
Unrealized Gain (Loss) on Foreign Currency Translations   (172)
Interest Income   24,122 
ETF Transaction Fees   1,750 
Total Income (Loss)  $(422,250)
      
Expenses     
Management Fees  $400,141 
Brokerage Commissions   49,843 
Legal Fees   18,808 
Tax Reporting Fees   16,213 
Audit Fees   9,393 
Non-interested Directors' Fees and Expenses   5,242 
Prepaid Insurance Expense   3,786 
Total Expenses  $503,426 
Net Income (Loss)  $(925,676)

 

Statement of Changes in Net Asset Value    
     
Net Asset Value Beginning of Month 5/1/13  $497,281,674 
Additions (250,000 Units)   13,806,494 
Withdrawals (150,000 Units)   (8,195,944)
Net Income (Loss)   (925,676)
      
Net Asset Value End of Month  $501,966,548 
Net Asset Value Per Unit (9,050,000 Units)  $55.47 

 

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 May 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 May 31, 2013

 

 

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $(200,238)
Unrealized Gain (Loss) on Market Value of Futures   272,650 
Interest Income   109 
Total Income (Loss)  $72,521 
      
Expenses     
Management Fees  $1,258 
Brokerage Commissions   197 
Non-interested Directors' Fees and Expenses   24 
Prepaid Insurance Expense   18 
Other Expenses   8,494 
Total Expenses   9,991 
Expense Waiver   (8,205)
Net Expenses  $1,786 
Net Income (Loss)  $70,735 

 

Statement of Changes in Net Asset Value    
     
Net Asset Value Beginning of Month 5/1/13  $2,200,423 
Net Income (Loss)   70,735 
      
Net Asset Value End of Month  $2,271,158 
Net Asset Value Per Unit (100,000 Units)  $22.71 

 

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 May 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 May 31, 2013

 

 

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $(82,398)
Realized Trading Gain (Loss) on Foreign Currency Transactions   (8)
Unrealized Gain (Loss) on Market Value of Futures   77,510 
Unrealized Gain (Loss) on Foreign Currency Translations   (26)
Interest Income   124 
Total Income (Loss)  $(4,798)
      
Expenses     
Management Fees  $1,620 
Brokerage Commissions   283 
Non-interested Directors' Fees and Expenses   25 
Prepaid Insurance Expense   18 
Other Expenses   10,602 
Total Expenses   12,548 
Expense Waiver   (10,299)
Net Expenses  $2,249 
Net Income (Loss)  $(7,047)

 

Statement of Changes in Net Asset Value    
     
Net Asset Value Beginning of Month 5/1/13  $2,421,515 
Net Income (Loss)   (7,047)
      
Net Asset Value End of Month  $2,414,468 
Net Asset Value Per Unit (100,000 Units)  $24.14 

 

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 May 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 May 31, 2013

 

 

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $(39,603)
Realized Trading Gain (Loss) on Foreign Currency Transactions   4 
Unrealized Gain (Loss) on Market Value of Futures   32,211 
Unrealized Gain (Loss) on Foreign Currency Translations   (2)
Interest Income   103 
Total Income (Loss)  $(7,287)
      
Expenses     
Management Fees  $1,371 
Brokerage Commissions   64 
Non-interested Directors' Fees and Expenses   24 
Prepaid Insurance Expense   19 
Other Expenses   10,602 
Total Expenses   12,080 
Expense Waiver   (10,309)
Net Expenses  $1,771 
Net Income (Loss)  $(9,058)

 

Statement of Changes in Net Asset Value    
     
Net Asset Value Beginning of Month 5/1/13  $2,318,688 
Net Income (Loss)   (9,058)
      
Net Asset Value End of Month  $2,309,630 
Net Asset Value Per Unit (100,000 Units)  $23.10 

 

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 May 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 May 31, 2013

 

 

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $(12,627,094)
Realized Trading Gain (Loss) on Foreign Currency Transactions   366 
Unrealized Gain (Loss) on Market Value of Futures   12,238,906 
Unrealized Gain (Loss) on Foreign Currency Translations   (200)
Interest Income   24,458 
ETF Transaction Fees   1,750 
Total Income (Loss)  $(361,814)
      
Expenses     
Management Fees  $404,390 
Brokerage Commissions   50,387 
Legal Fees   18,808 
Tax Reporting Fees   16,213 
Audit Fees   9,393 
Non-interested Directors' Fees and Expenses   5,315 
Prepaid Insurance Expense   3,841 
Other Expenses   29,698 
Total Expenses   538,045 
Expense Waiver   (28,813)
Net Expenses  $509,232 
Net Income (Loss)  $(871,046)

 

Statement of Changes in Net Asset Value    
     
Net Asset Value Beginning of Month 5/1/13  $504,222,300 
Additions (250,000 Units)   13,806,494 
Withdrawals (150,000 Units)   (8,195,944)
Net Income (Loss)   (871,046)
      
Net Asset Value End of Month  $508,961,804 

 

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 May 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