United States Commodity Index Funds Trust - FORM 8-K - EX-99.1 - EXHIBIT 99.1 - December 21, 2018

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Exhibit 99.1

 

United States Commodity Index Funds Trust    
United States Commodity Index Fund    
Monthly Account Statement    
For the Month Ended November 30, 2018    
     
Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $(40,211,537)
Unrealized Gain (Loss) on Market Value of Futures   1,153,688 
Dividend Income   25,658 
Interest Income   951,494 
ETF Transaction Fees   1,400 
Total Income (Loss)  $(38,079,297)
      
Expenses     
Management Fees  $357,864 
Professional Fees   57,651 
Brokerage Commissions   47,064 
Non-interested Directors' Fees and Expenses   5,094 
Prepaid Insurance Expense   2,722 
Total Expenses  $470,395 
Net Income (Loss)  $(38,549,692)
      
Statement of Changes in Net Asset Value     
      
Net Asset Value Beginning of Month 11/1/18  $569,898,503 
Withdrawals (550,000 Shares)   (21,561,284)
Net Income (Loss)   (38,549,692)
      
Net Asset Value End of Month  $509,787,527 
Net Asset Value Per Share (13,300,000 Shares)  $38.33 

 

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 November 30, 2018 is accurate and complete.
   
/s/ Stuart P. Crumbaugh    
Stuart P. Crumbaugh  
Chief Financial Officer  
United States Commodity Funds LLC, Sponsor of United States Commodity Index Fund  
   
United States Commodity Funds LLC  
1850 Mt. Diablo Boulevard, Suite 640  
Walnut Creek, CA 94596  

 

 

 

 

United States Commodity Index Funds Trust    
United States Copper Index Fund    
Monthly Account Statement    
For the Month Ended November 30, 2018    
     
Statement of Income (Loss)    
     
Income     
Unrealized Gain (Loss) on Market Value of Futures  $443,475 
Dividend Income   1,380 
Interest Income   17,670 
Total Income (Loss)  $462,525 
      
Expenses     
Management Fees  $5,991 
Professional Fees   5,735 
Non-interested Directors' Fees and Expenses   105 
Prepaid Insurance Expense   68 
Total Expenses   11,899 
Expense Waiver   (4,525)
Net Expenses  $7,374 
Net Income (Loss)  $455,151 
      
Statement of Changes in Net Asset Value     
      
Net Asset Value Beginning of Month 11/1/18  $10,848,545 
Net Income (Loss)   455,151 
      
Net Asset Value End of Month  $11,303,696 
Net Asset Value Per Share (650,000 Shares)  $17.39 

 

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 November 30, 2018 is accurate and complete.
   
/s/ Stuart P. Crumbaugh    
Stuart P. Crumbaugh  
Chief Financial Officer  
United States Commodity Funds LLC, Sponsor of United States Copper Index Fund  
   
United States Commodity Funds LLC  
1850 Mt. Diablo Boulevard, Suite 640  
Walnut Creek, CA 94596  

 

 

 

  

United States Commodity Index Funds Trust    
Monthly Account Statement    
For the Month Ended November 30, 2018    
     
Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $(40,211,537)
Unrealized Gain (Loss) on Market Value of Futures   1,597,163 
Dividend Income   27,038 
Interest Income   969,164 
ETF Transaction Fees   1,400 
Total Income (Loss)  $(37,616,772)
      
Expenses     
Management Fees  $363,855 
Professional Fees   63,386 
Brokerage Commissions   47,064 
Non-interested Directors' Fees and Expenses   5,199 
Prepaid Insurance Expense   2,790 
Total Expenses   482,294 
Expense Waiver   (4,525)
Net Expenses  $477,769 
Net Income (Loss)  $(38,094,541)
      
Statement of Changes in Net Asset Value     
      
Net Asset Value Beginning of Month 11/1/18  $580,747,048 
Withdrawals (550,000 Shares)   (21,561,284)
Net Income (Loss)   (38,094,541)
      
Net Asset Value End of Month  $521,091,223 

 

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 November 30, 2018 is accurate and complete.
   
/s/ Stuart P. Crumbaugh    
Stuart P. Crumbaugh  
Chief Financial Officer  
United States Commodity Funds LLC, Sponsor of United States Commodity Index Funds Trust  
   
United States Commodity Funds LLC  
1850 Mt. Diablo Boulevard, Suite 640  
Walnut Creek, CA 94596  

  

 

 

United States Commodity Index Funds Trust Reports