0001171200-21-000305.txt : 20210824 0001171200-21-000305.hdr.sgml : 20210824 20210824170124 ACCESSION NUMBER: 0001171200-21-000305 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20210824 DATE AS OF CHANGE: 20210824 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: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 333-254047 FILM NUMBER: 211202828 BUSINESS ADDRESS: STREET 1: 1850 MT. DIABLO BLVD. STREET 2: SUITE 640 CITY: WALNUT CREEK STATE: CA ZIP: 94596 BUSINESS PHONE: 510-522-9600 MAIL ADDRESS: STREET 1: 1850 MT. DIABLO BLVD. STREET 2: SUITE 640 CITY: WALNUT CREEK STATE: CA ZIP: 94596 424B3 1 i21519_cper-424b3.htm

Filed pursuant to Rule 424(b)(3)
File No. 333-254047

UNITED STATES COPPER INDEX FUND

Supplement dated August 24, 2021

to
Prospectus dated April 30, 2021

This supplement contains information that amends, supplements or modifies certain information contained in the prospectus of the United States Copper Index Fund (“CPER”) dated April 30, 2021 (the “Prospectus”).

You should carefully read the Prospectus and this supplement before investing. This supplement should be read in conjunction with the Prospectus. You should also carefully consider the “Risk Factors” beginning on page 5 of the Prospectus before you decide to invest.

Marex North America, LLC to Serve as a Futures Commission Merchant for CPER

Effective August 23, 2021, the United States Commodity Index Funds Trust entered into a Commodity Futures Customer Agreement with Marex North America, LLC (“MNA”) to serve as an additional futures commission merchant for CPER.

In light of the foregoing, the following changes are hereby made to the Prospectus and each corresponding section:

	1.	The subheading “RBC Capital Markets” is added, immediately following the heading “Futures Commission Merchants” on page 37 of the Prospectus.

	2.	The subheading “Wells Fargo Securities LLC” is added, immediately after the sixth paragraph on page 39 of the Prospectus.

	3.	The Prospectus is revised to add the following text immediately after the third paragraph on page 40 of the Prospectus:

Marex North America, LLC

On August 23, 2021, the Trust on behalf of CPER entered into a Commodity Futures Customer Agreement with Marex North America, LLC (“MNA”) to serve as an FCM for CPER. This agreement requires MNA to provide services to CPER in connection with the purchase and sale of Futures Contracts and other Copper-Related Investments for CPER, in each case that may be purchased or sold by or through MNA for CPER’s account, as applicable.

MNA’s primary address is 360 Madison Avenue, 3rd Floor, New York, NY 10017. MNA is registered in the United States with the CFTC as an FCM. MNA is a member of various U.S. futures exchanges.

MNA settled with the CFTC in September 2020 to pay a monetary penalty of US$ 250,000 for failure to meet minimum adjusted net capital requirements. MNA improperly accounted for deductions arising out of an agreement that it entered to guarantee a revolving line of credit for an affiliated company when computing its net capital requirement.

MNA will act only as clearing broker for CPER and as such will be paid commissions for executing and clearing trades on behalf of CPER. MNA has not passed upon the adequacy or accuracy of this disclosure document. MNA will not act in any supervisory capacity with respect to USCF or participate in the management of USCF or CPER.

The fourth paragraph on page 40 of the Prospectus is deleted in its entirety and replaced with the following:

None of CPER’s FCMs is affiliated with CPER or USCF. Therefore, neither USCF nor CPER believes that there are any conflicts of interest with any of CPER’s FCMs or their respective trading principals arising from their acting as an FCM for CPER.