United States Commodity Index Funds Trust - FORM 8-K - EX-99.1 - EXHIBIT 99.1 - November 26, 2014

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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 October 31, 2014      

 

     
Statement of Income (Loss)
     
Income    
Realized Trading Gain (Loss) on Futures  $(10,753,250)
Realized Trading Gain (Loss) on Foreign Currency Transactions   (1)
Unrealized Gain (Loss) on Market Value of Futures   (1,983,204)
Interest Income   29,927 
ETF Transaction Fees   1,400 
Total Income (Loss)  $(12,705,128)
      
Expenses     
Management Fees  $564,601 
Brokerage Commissions   75,853 
Professional Fees   31,029 
Non-interested Directors' Fees and Expenses   9,479 
Prepaid Insurance Expense   4,143 
Total Expenses  $685,105 
Net Income (Loss)  $(13,390,233)

 

Statement of Changes in Net Asset Value
     
Net Asset Value Beginning of Month 10/1/14  $834,988,640 
Additions (250,000 Shares)   13,691,865 
Withdrawals (50,000 Shares)   (2,729,796)
Net Income (Loss)   (13,390,233)
      
Net Asset Value End of Month  $832,560,476 
Net Asset Value Per Share (15,350,000 Shares)  $54.24 

 

 

 

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 October 31, 2014 is accurate and complete.

 

 

/s/ Howard Mah

 

Howard Mah
Chief Financial Officer
United States Commodity Funds LLC, Sponsor of United States Commodity Index Fund
 
United States Commodity Funds LLC
1999 Harrison Street, Suite 1530
Oakland, CA 94612

 

 
 

 

United States Commodity Index Funds Trust

United States Copper Index Fund

Monthly Account Statement

For the Month Ended October 31, 2014      

 

Statement of Income (Loss)
     
Income    
Unrealized Gain (Loss) on Market Value of Futures  $39,500 
Interest Income   111 
Total Income (Loss)  $39,611 
      
Expenses     
Professional Fees  $9,300 
Management Fees   1,695 
Non-interested Directors' Fees and Expenses   35 
Prepaid Insurance Expense   19 
Total Expenses   11,049 
Expense Waiver   (8,963)
Net Expenses  $2,086 
Net Income (Loss)  $37,525 

 

Statement of Changes in Net Asset Value
     
Net Asset Value Beginning of Month 10/1/14  $3,048,992 
Net Income (Loss)   37,525 
      
Net Asset Value End of Month  $3,086,517 
Net Asset Value Per Share (150,000 Shares)  $20.58 

 

 

 

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 October 31, 2014 is accurate and complete.

 

 

/s/ Howard Mah  

 

Howard Mah  
Chief Financial Officer  
United States Commodity Funds LLC, Sponsor of United States Copper Index Fund
   
United States Commodity Funds LLC  
1999 Harrison Street, Suite 1530  
Oakland, CA 94612  

 

 
 

 

United States Commodity Index Funds Trust

United States Agriculture Index Fund

Monthly Account Statement

For the Month Ended October 31, 2014

       

Statement of Income (Loss)
     
Income    
Realized Trading Gain (Loss) on Futures  $14,691 
Realized Trading Gain (Loss) on Foreign Currency Transactions   4 
Unrealized Gain (Loss) on Market Value of Futures   84,587 
Unrealized Gain (Loss) on Foreign Currency Translations   8 
Interest Income   81 
Total Income (Loss)  $99,371 
      
Expenses     
Professional Fees  $12,710 
Management Fees   1,294 
Brokerage Commissions   350 
Non-interested Directors' Fees and Expenses   26 
Prepaid Insurance Expense   20 
Total Expenses   14,400 
Expense Waiver   (12,648)
Net Expenses  $1,752 
Net Income (Loss)  $97,619 

 

Statement of Changes in Net Asset Value
     
Net Asset Value Beginning of Month 10/1/14  $2,277,618 
Net Income (Loss)   97,619 
      
Net Asset Value End of Month  $2,375,237 
Net Asset Value Per Share (100,000 Shares)  $23.75 

 

 

 

To the Shareholders of United States Agriculture 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 October 31, 2014 is accurate and complete.
   
   
/s/ Howard Mah  
   
Howard Mah  
Chief Financial Officer  
United States Commodity Funds LLC, Sponsor of United States Agriculture Index Fund
   
United States Commodity Funds LLC  
1999 Harrison Street, Suite 1530  
Oakland, CA 94612  

 

 
 

 

United States Commodity Index Funds Trust

United States Metals Index Fund

Monthly Account Statement

For the Month Ended October 31, 2014

       

Statement of Income (Loss)
     
Income    
Realized Trading Gain (Loss) on Futures  $(60,336)
Unrealized Gain (Loss) on Market Value of Futures   27,326 
Interest Income   65 
Total Income (Loss)  $(32,945)
      
Expenses     
Professional Fees  $ 12,710 
Management Fees   1,175 
Brokerage Commissions   106 
Non-interested Directors' Fees and Expenses   24 
Prepaid Insurance Expense   20 
Total Expenses   14,035 
Expense Waiver   (12,610)
Net Expenses  $1,425 
Net Income (Loss)  $(34,370)

 

Statement of Changes in Net Asset Value
     
Net Asset Value Beginning of Month 10/1/14  $2,140,342 
Net Income (Loss)   (34,370)
      
Net Asset Value End of Month  $2,105,972 
Net Asset Value Per Share (100,000 Shares)  $21.06 

 

  

To the Shareholders of United States Metals 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 October 31, 2014 is accurate and complete.  

  

 

/s/ Howard Mah  

 

Howard Mah  
Chief Financial Officer  
United States Commodity Funds LLC, Sponsor of United States Metals Index Fund  
   
United States Commodity Funds LLC  
1999 Harrison Street, Suite 1530  
Oakland, CA 94612  

 

 
 

 

United States Commodity Index Funds Trust

Monthly Account Statement

For the Month Ended October 31, 2014

 

Statement of Income (Loss)
     
Income    
Realized Trading Gain (Loss) on Futures  $(10,798,895)
Realized Trading Gain (Loss) on Foreign Currency Transactions   3 
Unrealized Gain (Loss) on Market Value of Futures   (1,831,791)
Unrealized Gain (Loss) on Foreign Currency Translations   8 
Interest Income   30,184 
ETF Transaction Fees   1,400 
Total Income (Loss)  $(12,599,091)
      
Expenses     
Management Fees  $568,765 
Brokerage Commissions   76,309 
Professional Fees   65,749 
Non-interested Directors' Fees and Expenses   9,564 
Prepaid Insurance Expense   4,202 
Total Expenses   724,589 
Expense Waiver   (34,221)
Net Expenses  $690,368 
Net Income (Loss)  $(13,289,459)

 

Statement of Changes in Net Asset Value
     
Net Asset Value Beginning of Month 10/1/14  $842,455,592 
Additions (250,000 Shares)   13,691,865 
Withdrawals (50,000 Shares)   (2,729,796)
Net Income (Loss)   (13,289,459)
      
Net Asset Value End of Month  $840,128,202 

 

 

 

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 October 31, 2014 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  
1999 Harrison Street, Suite 1530  
Oakland, CA 94612  

 

 

 

United States Commodity Index Funds Trust Reports