United States Commodity Index Funds Trust - FORM 8-K - EX-99.1 - EXHIBIT 99.1 - September 26, 2017

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8-K - 8-K - United States Commodity Index Funds Trustv475443_8k.htm

Exhibit 99.1 

 

United States Commodity Index Funds Trust  
United States Commodity Index Fund  
Monthly Account Statement  
For the Month Ended August 31, 2017  

     
Statement of Income (Loss) 
     
Income     
Realized Trading Gain (Loss) on Futures  $6,922,695 
Unrealized Gain (Loss) on Market Value of Futures   8,712,717 
Interest Income   379,972 
ETF Transaction Fees   700 
Total Income (Loss)  $16,016,084 
      
Expenses     
Management Fees  $329,192 
Professional Fees   15,176 
Brokerage Commissions   28,324 
Non-interested Directors' Fees and Expenses   3,518 
Prepaid Insurance Expense   2,427 
Total Expenses  $378,637 
Net Income (Loss)  $15,637,447 

     
Statement of Changes in Net Asset Value 
     
Net Asset Value Beginning of Month 8/1/17  $486,773,846 
Withdrawals (200,000 Shares)   (7,895,615)
Net Income (Loss)   15,637,447 
      
Net Asset Value End of Month  $494,515,678 
Net Asset Value Per Share (12,200,000 Shares)  $40.53 

   
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 August 31, 2017 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  
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 August 31, 2017  

     
Statement of Income (Loss) 
     
Income     
Realized Trading Gain (Loss) on Futures  $154,688 
Unrealized Gain (Loss) on Market Value of Futures   392,525 
Interest Income   7,061 
ETF Transaction Fees   350 
Total Income (Loss)  $554,624 
      
Expenses     
Management Fees  $5,102 
Professional Fees   5,088 
Brokerage Commissions   68 
Non-interested Directors' Fees and Expenses   67 
Prepaid Insurance Expense   102 
Total Expenses   10,427 
Expense Waiver   (4,148)
Net Expenses  $6,279 
Net Income (Loss)  $548,345 

     
Statement of Changes in Net Asset Value 
     
Net Asset Value Beginning of Month 8/1/17  $10,279,080 
Withdrawals (100,000 Shares)   (1,876,992)
Net Income (Loss)   548,345 
      
Net Asset Value End of Month  $8,950,433 
Net Asset Value Per Share (450,000 Shares)  $19.89 

   
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 August 31, 2017 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  
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 August 31, 2017  

     
Statement of Income (Loss) 
     
Income     
Realized Trading Gain (Loss) on Futures  $(29,047)
Realized Trading Gain (Loss) on Foreign Currency Transactions   228 
Unrealized Gain (Loss) on Market Value of Futures   (86,347)
Unrealized Gain (Loss) on Foreign Currency Translations   (602)
Interest Income   1,365 
Total Income (Loss)  $(114,403)
      
Expenses     
Management Fees  $994 
Professional Fees   4,609 
Brokerage Commissions   257 
Non-interested Directors' Fees and Expenses   13 
Prepaid Insurance Expense   102 
Total Expenses   5,975 
Expense Waiver   (4,746)
Net Expenses  $1,229 
Net Income (Loss)  $(115,632)

     
Statement of Changes in Net Asset Value 
     
Net Asset Value Beginning of Month 8/1/17  $1,882,081 
Net Income (Loss)   (115,632)
      
Net Asset Value End of Month  $1,766,449 
Net Asset Value Per Share (100,000 Shares)  $17.66 

   
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 August 31, 2017 is accurate and complete.

 

/s/ Stuart P. Crumbaugh  

Stuart P. Crumbaugh  
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  
Monthly Account Statement  
For the Month Ended August 31, 2017  

     
Statement of Income (Loss) 
     
Income     
Realized Trading Gain (Loss) on Futures  $7,048,336 
Realized Trading Gain (Loss) on Foreign Currency Transactions   228 
Unrealized Gain (Loss) on Market Value of Futures   9,018,895 
Unrealized Gain (Loss) on Foreign Currency Translations   (602)
Interest Income   388,398 
ETF Transaction Fees   1,050 
Total Income (Loss)  $16,456,305 
      
Expenses     
Management Fees  $335,288 
Professional Fees   24,873 
Brokerage Commissions   28,649 
Non-interested Directors' Fees and Expenses   3,598 
Prepaid Insurance Expense   2,631 
Total Expenses   395,039 
Expense Waiver   (8,894)
Net Expenses  $386,145 
Net Income (Loss)  $16,070,160 

     
Statement of Changes in Net Asset Value 
     
Net Asset Value Beginning of Month 8/1/17  $498,935,007 
Withdrawals (300,000 Shares)   (9,772,607)
Net Income (Loss)   16,070,160 
      
Net Asset Value End of Month  $505,232,560 

   
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 August 31, 2017 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  
1999 Harrison Street, Suite 1530  
Oakland, CA 94612  
   
   

 

 

United States Commodity Index Funds Trust Reports