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