Attached files
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| 8-K - 2012-0430 USCIFT FORM 8K - United States Commodity Index Funds Trust | uscift8k_2012-0430.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 April 30, 2012
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United States
Commodity
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United States
Copper |
United States
Agriculture |
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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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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$ | (1,834,214 | ) | $ | 45,238 | $ | (9,047 | ) | $ | (1,798,023 | ) | ||||||
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Unrealized Gain (Loss) on Market Value of Futures
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(283,390 | ) | (54,538 | ) | (31,055 | ) | (368,983 | ) | |||||||||
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Unrealized Gain (Loss) on Foreign Currency Translations
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(75 | ) | - | (2 | ) | (77 | ) | ||||||||||
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Interest Income
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16,196 | 111 | 75 | 16,382 | |||||||||||||
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ETF Transaction Fees
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700 | - | - | 700 | |||||||||||||
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Total Income (Loss)
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$ | (2,100,783 | ) | $ | (9,189 | ) | $ | (40,029 | ) | $ | (2,150,001 | ) | |||||
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Expenses
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Management Fees
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$ | 328,432 | $ | 2,057 | $ | 1,145 | $ | 331,634 | |||||||||
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Tax Reporting Fees
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34,682 | - | - | 34,682 | |||||||||||||
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Brokerage Commissions
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15,558 | 41 | 375 | 15,974 | |||||||||||||
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Audit Fees
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8,220 | - | - | 8,220 | |||||||||||||
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Non-interested Directors' Fees and Expenses
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3,730 | 23 | 13 | 3,766 | |||||||||||||
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Prepaid Insurance Expense
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2,131 | 15 | - | 2,146 | |||||||||||||
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Other Expenses
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- | 6,986 | 4,950 | 11,936 | |||||||||||||
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Total Expenses
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392,753 | 9,122 | 6,483 | 408,358 | |||||||||||||
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Expense Waiver
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- | (6,662 | ) | (4,769 | ) | (11,431 | ) | ||||||||||
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Net Expenses
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$ | 392,753 | $ | 2,460 | $ | 1,714 | $ | 396,927 | |||||||||
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Net Income (Loss)
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$ | (2,493,536 | ) | $ | (11,649 | ) | $ | (41,743 | ) | $ | (2,546,928 | ) | |||||
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Statements of Changes in Net Asset Value
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Net Asset Value Beginning of Month 4/1/12
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$ | 422,986,585 | $ | 2,708,051 | $ | - | $ | 425,694,636 | |||||||||
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Additions
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12,088,135 | - | 2,501,000 | 14,589,135 | |||||||||||||
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Redemptions
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(6,118,560 | ) | - | - | (6,118,560 | ) | |||||||||||
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Net Income (Loss)
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(2,493,536 | ) | (11,649 | ) | (41,743 | ) | (2,546,928 | ) | |||||||||
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Net Asset Value End of Month
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$ | 426,462,624 | $ | 2,696,402 | $ | 2,459,257 | $ | 431,618,283 | |||||||||
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Net Asset Value Per Unit
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$ | 60.92 | $ | 26.96 | $ | 24.58 | |||||||||||
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Statements of Changes in Units Outstanding
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Units Outstanding Beginning of Month 4/1/12
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6,900,000 | 100,000 | - | 7,000,000 | |||||||||||||
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Additions
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200,000 | - | 100,040 | 300,040 | |||||||||||||
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Redemptions
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(100,000 | ) | - | - | (100,000 | ) | |||||||||||
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Units Outstanding End of Month
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7,000,000 | 100,000 | 100,040 | 7,200,040 | |||||||||||||
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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 April 30, 2012 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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