Attached files
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| 8-K - 2011-1231 TRUST FORM 8K - United States Commodity Index Funds Trust | trust8k_2011-1231.htm |
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Exhibit 99.1
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United States Commodity Index Funds Trust
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Monthly Account Statements
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For the Month Ended December 31, 2011
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United States
Commodity |
United States
Copper |
United States
Commodity Index |
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Statements of Income (Loss)
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Index Fund
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Index Fund
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Funds Trust
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Income
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Realized Trading Gain (Loss) on Futures
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$ | (5,807,559 | ) | $ | 12,725 | $ | (5,794,834 | ) | ||||
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Unrealized Gain (Loss) on Market Value of Futures
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(9,247,075 | ) | (108,738 | ) | (9,355,813 | ) | ||||||
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Unrealized Gain (Loss) on Market Value of Short-Term Investments
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(17 | ) | - | (17 | ) | |||||||
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Interest Income
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10,004 | 62 | 10,066 | |||||||||
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ETF Transaction Fees
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1,050 | - | 1,050 | |||||||||
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Total Income (Loss)
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$ | (15,043,597 | ) | $ | (95,951 | ) | $ | (15,139,548 | ) | |||
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Expenses
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Investment Advisory Fees
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$ | 327,496 | $ | 1,986 | $ | 329,482 | ||||||
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Tax Reporting Fees
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21,700 | - | 21,700 | |||||||||
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Brokerage Commissions
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14,780 | 45 | 14,825 | |||||||||
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Audit Fees
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8,494 | - | 8,494 | |||||||||
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Non-interested Directors' Fees and Expenses
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3,525 | 21 | 3,546 | |||||||||
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Prepaid Insurance Expense
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1,278 | - | 1,278 | |||||||||
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Other Expenses
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- | 8,525 | 8,525 | |||||||||
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Total Expenses
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377,273 | 10,577 | 387,850 | |||||||||
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Expense Waiver
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- | (8,211 | ) | (8,211 | ) | |||||||
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Net Expenses
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$ | 377,273 | $ | 2,366 | $ | 379,639 | ||||||
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Net Income (Loss)
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$ | (15,420,870 | ) | $ | (98,317 | ) | $ | (15,519,187 | ) | |||
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Statements of Changes in Net Asset Value
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Net Asset Value Beginning of Month 12/1/11
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$ | 419,031,083 | $ | 2,546,450 | $ | 421,577,533 | ||||||
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Additions
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11,621,344 | - | 11,621,344 | |||||||||
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Withdrawals
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(64,382,261 | ) | (1,019 | ) | (64,383,280 | ) | ||||||
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Net Income (Loss)
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(15,420,870 | ) | (98,317 | ) | (15,519,187 | ) | ||||||
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Net Asset Value End of Month
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$ | 350,849,296 | $ | 2,447,114 | $ | 353,296,410 | ||||||
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Net Asset Value Per Unit
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$ | 58.47 | $ | 24.47 | ||||||||
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Statements of Changes in Units Outstanding
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Units Outstanding Beginning of Month 12/1/11
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6,900,000 | 100,040 | 7,000,040 | |||||||||
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Additions
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200,000 | - | 200,000 | |||||||||
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Withdrawals
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(1,100,000 | ) | (40 | ) | (1,100,040 | ) | ||||||
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Units Outstanding End of Month
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6,000,000 | 100,000 | 6,100,000 | |||||||||
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To the Unitholders of United States Commodity Index Funds Trust:
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Pursuant to Rule 4.22(h) under the Commodity Exchange Act, the undersigned represents that,
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to the best of his knowledge and belief, the information contained in the Account Statements for
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the month ended December 31, 2011 is accurate and complete.
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/s/ Howard Mah
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Howard Mah
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Chief Financial Officer
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United States Commodity Funds LLC, Sponsor of United States Commodity Index Funds Trust
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United States Commodity Funds LLC
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1320 Harbor Bay Parkway
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Suite 145
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Alameda, CA 94502
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