United States Commodity Index Funds Trust - FORM 8-K - EX-99.1 - EXHIBIT 99.1 - August 26, 2011

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Exhibit 99.1
 
United States Commodity Index Funds Trust
            
Monthly Account Statements
            
For the Month Ended July 31, 2011
            
               
               
Statements of Income (Loss)
  
United States
Commodity
Index Fund
    
Total
  
               
Income
              
Realized Trading Gain (Loss)
   $ (5,905,463 )   $ (5,905,463 )
Realized Trading Gain (Loss) on Short-Term Investments
     163       163  
Unrealized Gain (Loss) on Market Value of Futures
     22,665,873       22,665,873  
Dividend Income
     33       33  
Interest Income
     11,143       11,143  
ETF Transaction Fees
     1,050       1,050  
Total Income (Loss)
   $ 16,772,799     $ 16,772,799  
                   
Expenses
                  
Investment Advisory Fee
   $ 392,456     $ 392,456  
Brokerage Commissions
     36,881       36,881  
Legal Fees
       14,985       14,985  
Tax Reporting Fees
     13,950       13,950  
Audit Fees
       8,494       8,494  
Prepaid Insurance Expense
     1,278       1,278  
Total Expenses
     468,044       468,044  
Net Gain (Loss)
   $ 16,304,755     $ 16,304,755  
                   
                   
Statements of Changes in Net Asset Value
                
                   
Net Asset Value Beginning of Period 7/1/11
   $ 468,436,360     $ 468,436,360  
Additions
       13,412,994       13,412,994  
Withdrawals
       (6,683,917 )     (6,683,917 )
Net Gain (Loss)
     16,304,755       16,304,755  
                   
Net Asset Value End of Period
   $ 491,470,192     $ 491,470,192  
Net Asset Value Per Unit
   $ 66.41          
                   
                   
Statements of Changes in Units Outstanding
                
                   
Units Outstanding Beginning of Period 7/1/11
     7,300,020       7,300,020  
Additions
       200,000       200,000  
Withdrawals
       (100,000 )     (100,000 )
Units Outstanding End of Period 7/31/11
     7,400,020       7,400,020  
 
 
To the Unitholders 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 Statements for the month ended July 31, 2011 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
            
1320 Harbor Bay Parkway
              
Suite 145
                
Alameda, CA 94502
              
 
 
 
 
 

United States Commodity Index Funds Trust Reports