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Price chart and 15 days of daily prices
Candlestick chart with moving averages, Bollinger bands and MACD.
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Security Profile
- Security Type
- Index ETF
- CUSIP
- 911717106
- Market Cap
- Small Cap · $318 Million
- IPO
- 8/6/2010
Fund Description: United States Commodity Index Fund is a commodity pool that is a series of the United States Commodity Index Funds Trust. It is not a mutual fund or any other type of Investment Company within the meaning of the Investment Company Act of 1940. <p> INVESTMENT OBJECTIVE: The United States Commodity Index Fund seeks to have the daily changes in percentage terms of the Units’ net asset value (NAV) reflect the daily changes in percentage terms of the SummerHaven Dynamic Commodity Index Total Return, less USCI’s expenses. <p> INDEX DESCRIPTION: The Summer-Haven Dynamic Commodity Index Total Return is comprised of 14 Futures Contracts that will be selected on a monthly basis from a list of 27 possible Futures Contracts. The Index is rules-based and rebalanced monthly based on observable price signals. In this context, the term rules-based is meant to indicate that the composition of the Index in any given month will be determined by quantitative formulas relating to the prices of the futures contracts that relate to the commodities that are eligible to be included in the Index. The Index is composed of physical non-financial commodity futures contracts with active and liquid markets traded upon futures exchanges in major industrialized countries. The futures contracts are denominated in US dollars and weighted equally by notional amount. The Index reflects commodities in six commodity sectors: energy (e.g., crude oil, natural gas, heating oil, etc.), precious metals (e.g., gold, silver, platinum), industrial metals (e.g., zinc, nickel, aluminum, copper, etc.), grains (e.g., wheat, corn, soybeans, etc.), softs (e.g., sugar, cotton, coffee, cocoa), and livestock (e.g., live cattle, lean hogs, feeder cattle). <p> FUND STRATEGY: It is anticipated that the net assets of the Fund will consist primarily of investments in futures contracts for commodities that are traded on the New York Mercantile Exchange, ICE Futures, Chicago Board of Trade, London Metal Exchange or on other Future Exchanges. The Fund may invest in futures contracts, forward contract, swaps and options on futures contract, forward contract or a commodity. <p> FUND MANAGEMENT: United States Commodity Funds LLC, is the Fund's Sponsor and controls the operations of the Fund. SummerHaven Investment Management, LLC, is the Fund's Trading Advisor and provides advisory services to the Sponsor with respect to the Index and the investment decisions of the Fund.
Company Contact
- Headquarters
- 1850 Mt. Diablo Boulevard, Suite 640, Walnut Creek, CA 94596
- Phone
- 510-522-9600 · Toll-Free 800-920-0259
- Investor Relations
- 800-920-0259 · USCIinfo@alpsinc.com