Exhibit 99.1

 

United States Commodity Index Funds Trust  

United States Commodity Index Fund  

Monthly Account Statement  

For the Month Ended January 31, 2015

 

Statement of Income (Loss)
Income
Realized Trading Gain (Loss) on Futures		$	(32,584,749	)
Unrealized Gain (Loss) on Market Value of Futures			59,733
Interest Income			27,209
ETF Transaction Fees			700
Total Income (Loss)		$	(32,497,107	)
Expenses
Management Fees		$	459,248
Brokerage Commissions			80,068
Professional Fees			78,581
Non-interested Directors' Fees and Expenses			5,747
Prepaid Insurance Expense			4,144
Total Expenses		$	627,788
Net Income (Loss)		$	(33,124,895	)
Statement of Changes in Net Asset Value
Net Asset Value Beginning of Month 1/1/15		$	709,120,840
Additions (100,000 Shares)			4,593,624
Withdrawals (400,000 Shares)			(19,224,840	)
Net Income (Loss)			(33,124,895	)
Net Asset Value End of Month		$	661,364,729
Net Asset Value Per Share (14,400,000 Shares)		$	45.93

 

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 January 31, 2015 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 January 31, 2015

 

Statement of Income (Loss)
Income
Realized Trading Gain (Loss) on Futures		$	(218,549	)
Realized Trading Gain (Loss) on Short-Term Investments			17
Unrealized Gain (Loss) on Market Value of Futures			(64,863	)
Interest Income			112
ETF Transaction Fees			350
Total Income (Loss)		$	(282,933	)
Expenses
Professional Fees		$	3,814
Management Fees			1,222
Brokerage Commissions			183
Non-interested Directors' Fees and Expenses			19
Prepaid Insurance Expense			19
Total Expenses			5,257
Expense Waiver			(3,752	)
Net Expenses		$	1,505
Net Income (Loss)		$	(284,438	)
Statement of Changes in Net Asset Value
Net Asset Value Beginning of Month 1/1/15		$	2,865,627
Withdrawals (50,000 Shares)			(893,834	)
Net Income (Loss)			(284,438	)
Net Asset Value End of Month		$	1,687,355
Net Asset Value Per Share (100,000 Shares)		$	16.87

  

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 January 31, 2015 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 January 31, 2015  

 

Statement of Income (Loss)
Income
Realized Trading Gain (Loss) on Futures		$	(64,536	)
Realized Trading Gain (Loss) on Foreign Currency Transactions			29
Unrealized Gain (Loss) on Market Value of Futures			(68,022	)
Unrealized Gain (Loss) on Foreign Currency Translations			11
Interest Income			112
Total Income (Loss)		$	(132,406	)
Expenses
Professional Fees		$	3,409
Management Fees			1,243
Brokerage Commissions			147
Prepaid Insurance Expense			20
Non-interested Directors' Fees and Expenses			19
Total Expenses			4,838
Expense Waiver			(3,302	)
Net Expenses		$	1,536
Net Income (Loss)		$	(133,942	)

 

Statement of Changes in Net Asset Value
Net Asset Value Beginning of Month 1/1/15		$	2,296,602
Net Income (Loss)			(133,942	)
Net Asset Value End of Month		$	2,162,660
Net Asset Value Per Share (100,000 Shares)		$	21.63

 

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 January 31, 2015 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 January 31, 2015  

 

Statement of Income (Loss)
Income
Realized Trading Gain (Loss) on Futures		$	(89,729	)
Unrealized Gain (Loss) on Market Value of Futures			80,656
Dividend Income			5
Interest Income			96
Total Income (Loss)		$	(8,972	)
Expenses
Professional Fees		$	3,337
Management Fees			1,093
Brokerage Commissions			144
Prepaid Insurance Expense			20
Non-interested Directors' Fees and Expenses			17
Total Expenses			4,611
Expense Waiver			(3,256	)
Net Expenses		$	1,355
Net Income (Loss)		$	(10,327	)

 

Statement of Changes in Net Asset Value
Net Asset Value Beginning of Month 1/1/15		$	1,981,620
Net Income (Loss)			(10,327	)
Net Asset Value End of Month		$	1,971,293
Net Asset Value Per Share (100,000 Shares)		$	19.71

  

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 January 31, 2015 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 January 31, 2015  

 

Statement of Income (Loss)
Income
Realized Trading Gain (Loss) on Futures		$	(32,957,563	)
Realized Trading Gain (Loss) on Short-Term Investments			17
Realized Trading Gain (Loss) on Foreign Currency Transactions			29
Unrealized Gain (Loss) on Market Value of Futures			7,504
Unrealized Gain (Loss) on Foreign Currency Translations			11
Dividend Income			5
Interest Income			27,529
ETF Transaction Fees			1,050
Total Income (Loss)		$	(32,921,418	)
Expenses
Management Fees		$	462,806
Professional Fees			89,141
Brokerage Commissions			80,542
Non-interested Directors' Fees and Expenses			5,802
Prepaid Insurance Expense			4,203
Total Expenses			642,494
Expense Waiver			(10,310	)
Net Expenses		$	632,184
Net Income (Loss)		$	(33,553,602	)

 

Statement of Changes in Net Asset Value
Net Asset Value Beginning of Month 1/1/15		$	716,264,689
Additions (100,000 Shares)			4,593,624
Withdrawals (450,000 Shares)			(20,118,674	)
Net Income (Loss)			(33,553,602	)
Net Asset Value End of Month		$	667,186,037

 

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 January 31, 2015 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