0001144204-14-034143.txt : 20140529 0001144204-14-034143.hdr.sgml : 20140529 20140529133814 ACCESSION NUMBER: 0001144204-14-034143 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140529 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20140529 DATE AS OF CHANGE: 20140529 FILER: COMPANY DATA: COMPANY CONFORMED NAME: United States Commodity Index Funds Trust CENTRAL INDEX KEY: 0001479247 STANDARD INDUSTRIAL CLASSIFICATION: [6221] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34833 FILM NUMBER: 14875302 BUSINESS ADDRESS: STREET 1: 1999 HARRISON STREET STREET 2: SUITE 1530 CITY: OAKLAND STATE: CA ZIP: 94612 BUSINESS PHONE: 510-522-9600 MAIL ADDRESS: STREET 1: C/O CSC STREET 2: 1209 ORANGE STREET CITY: WILMINGTON STATE: DE ZIP: 19801 8-K 1 v379520_8k.htm FORM 8-K

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

 

FORM 8-K

 

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): May 29, 2014

 

 

UNITED STATES COMMODITY INDEX FUNDS TRUST 

  
  (Exact name of registrant as specified in its charter)  


Delaware


001-34833 


27-1537655

(State or other jurisdiction
of incorporation)		 (Commission File Number) (I.R.S. Employer
Identification No.)

1999 Harrison Street, Suite 1530
Oakland, California 94612 

  
(510) 522-9600     (Address of principal executive offices) (Zip Code)  
Registrant's telephone number, including area code


 

  
     
  Not Applicable  
  (Former name or former address, if changed since last report)  

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 
 

 

Item 7.01. Regulation FD Disclosure.

 

On May 29, 2014, the United States Commodity Index Funds Trust (the “Registrant”), the United States Commodity Index Fund (“USCI”), the United States Copper Index Fund (“CPER”), the United States Agriculture Index Fund (“USAG”) and the United States Metals Index Fund (“USMI”), each a series of the Registrant, issued their monthly account statements for the month ended April 30, 2014, which are presented in the form of Statements of Income (Loss) and Statements of Changes in Net Asset Value, as required pursuant to Rule 4.22 under the Commodity Exchange Act. A copy of the monthly account statements is furnished as Exhibit 99.1 to this Current Report on Form 8-K and also can be found on each of USCI’s, CPER’s, USAG’s and USMI’s website at www.unitedstatescommodityindexfund.com, www.unitedstatescopperindexfund.com, www.unitedstatesagricultureindexfund.com and www.unitedstatesmetalsindexfund.com, respectively. The information furnished in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in any such filing.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit 99.1 Monthly Account Statements of the Registrant, USCI, CPER, USAG and USMI for the month ended April 30, 2014.

 

 
 

 

SIGNATURES

 

              Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  UNITED STATES COMMODITY INDEX FUNDS TRUST
  By: United States Commodity Funds LLC, its sponsor
     
Date: May 29, 2014 By: /s/ Howard Mah
  Name: Howard Mah
  Title: Chief Financial Officer

 

 

 EX-99.1 2 v379520_ex99-1.htm EXHIBIT 99.1

 

United States Commodity Index Funds Trust

United States Commodity Index Fund

Monthly Account Statement

For the Month Ended April 30, 2014

  

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $2,598,299 
Realized Trading Gain (Loss) on Foreign Currency Transactions   (8)
Unrealized Gain (Loss) on Market Value of Futures   12,813,456 
Interest Income   26,719 
ETF Transaction Fees   1,400 
Total Income (Loss)  $15,439,866 
      
Expenses     
Management Fees  $455,981 
Brokerage Commissions   29,203 
Tax Reporting Fees   22,200 
Audit Fees   9,090 
Legal Fees   8,384 
Non-interested Directors' Fees and Expenses   7,546 
Prepaid Insurance Expense   4,006 
Other Expenses   850 
Total Expenses  $537,260 
Net Income (Loss)  $14,902,606 

 

Statement of Changes in Net Asset Value    
     
Net Asset Value Beginning of Month 4/1/14  $571,325,344 
Additions (450,000 Shares)   26,931,399 
Net Income (Loss)   14,902,606 
      
Net Asset Value End of Month  $613,159,349 
Net Asset Value Per Share (10,200,000 Shares)  $60.11 

  

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 April 30, 2014 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 April 30, 2014

 

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $(48,850)
Unrealized Gain (Loss) on Market Value of Futures   54,350 
Interest Income   125 
ETF Transactions Fees   350 
Total Income (Loss)  $5,975 
      
Expenses     
Management Fees  $1,646 
Brokerage Commissions   154 
Non-interested Directors' Fees and Expenses   40 
Prepaid Insurance Expense   18 
Other Expenses   5,040 
Total Expenses   6,898 
Expense Waiver   (4,660)
Net Expenses  $2,238 
Net Income (Loss)  $3,737 

 

Statement of Changes in Net Asset Value    
     
Net Asset Value Beginning of Month 4/1/14  $3,064,574 
Additions (50,000 Shares)   1,022,667 
Net Income (Loss)   3,737 
      
Net Asset Value End of Month  $4,090,978 
Net Asset Value Per Share (200,000 Shares)  $20.45 

  

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 April 30, 2014 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 April 30, 2014

 

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $23,540 
Unrealized Gain (Loss) on Market Value of Futures   52,620 
Unrealized Gain (Loss) on Foreign Currency Translations   (9)
Interest Income   124 
Total Income (Loss)  $76,275 
      
Expenses     
Management Fees  $1,739 
Brokerage Commissions   48 
Non-interested Directors' Fees and Expenses   34 
Prepaid Insurance Expense   19 
Other Expenses   1,800 
Total Expenses   3,640 
Expense Waiver   (1,474)
Net Expenses  $2,166 
Net Income (Loss)  $74,109 

 

Statement of Changes in Net Asset Value    
     
Net Asset Value Beginning of Month 4/1/14  $2,623,070 
Net Income (Loss)   74,109 
      
Net Asset Value End of Month  $2,697,179 
Net Asset Value Per Share (100,000 Shares)  $26.97 

  

To the Shareholders 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 April 30, 2014 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 April 30, 2014

  

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $(8,026)
Unrealized Gain (Loss) on Market Value of Futures   51,563 
Interest Income   92 
Total Income (Loss)  $43,629 
      
Expenses     
Management Fees  $1,284 
Brokerage Commissions   48 
Non-interested Directors' Fees and Expenses   29 
Prepaid Insurance Expense   20 
Other Expenses   1,800 
Total Expenses   3,181 
Expense Waiver   (1,525)
Net Expenses  $1,656 
Net Income (Loss)  $41,973 

 

Statement of Changes in Net Asset Value    
     
Net Asset Value Beginning of Month 4/1/14  $2,183,462 
Net Income (Loss)   41,973 
      
Net Asset Value End of Month  $2,225,435 
Net Asset Value Per Share (100,000 Shares)  $22.25 

  

To the Shareholders 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 April 30, 2014 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 April 30, 2014

 

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $2,564,963 
Realized Trading Gain (Loss) on Foreign Currency Transactions   (8)
Unrealized Gain (Loss) on Market Value of Futures   12,971,989 
Unrealized Gain (Loss) on Foreign Currency Translations   (9)
Interest Income   27,060 
ETF Transaction Fees   1,750 
Total Income (Loss)  $15,565,745 
      
Expenses     
Management Fees  $460,650 
Brokerage Commissions   29,453 
Tax Reporting Fees   22,200 
Audit Fees   9,090 
Legal Fees   8,384 
Non-interested Directors' Fees and Expenses   7,649 
Prepaid Insurance Expense   4,063 
Other Expenses   9,490 
Total Expenses  550,979 
Expense Waiver   (7,659)
Net Expenses  $543,320 
Net Income (Loss)  $15,022,425 

  

Statement of Changes in Net Asset Value    
     
Net Asset Value Beginning of Month 4/1/14  $579,196,450 
Additions (500,000 Shares)   27,954,066 
Net Income (Loss)   15,022,425 
      
Net Asset Value End of Month  $622,172,941 

  

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 April 30, 2014 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