United States Commodity Index Funds Trust - 10-K filing on 2014-03-10

Financial Highlights

12 Months Ended

Dec. 31, 2013

NOTE 7 - FINANCIAL HIGHLIGHTS

The following tables present per share performance data and other supplemental financial data for each Trust Series for the years ended December 31, 2013, 2012 and 2011 for the shareholders. This information has been derived from information presented in the financial statements.

USCI

	Year ended December 31, 2013			Year ended December 31, 2012			Year ended December 31, 2011
Per Share Operating Performance:

Net asset value, beginning of year	$	58.45		$	58.47		$	64.37
Total income (loss)		(1.75)			0.67			(5.16)
Total expenses		(0.64)			(0.69)			(0.74)
Net decrease in net asset value		(2.39)			(0.02)			(5.90)
Net asset value, end of year	$	56.06		$	58.45		$	58.47

Total Return		(4.09)	%		(0.03)	%		(9.17)	%

Ratios to Average Net Assets
Total loss		(3.25)	%		(0.74)	%		(15.97)	%
Management fees		0.95	%		0.95	%		0.95	%
Total expenses excluding management fees		0.19	%		0.20	%		0.21	%
Expenses waived		-	%		-	%		(0.01)	%
Net expenses excluding management fees		0.19	%		0.20	%		0.20	%
Net loss		(4.39)	%		(1.89)	%		(17.12)	%

CPER

	Year ended December 31, 2013			Year ended December 31, 2012			Year ended December 31, 2011*
Per Share Operating Performance:

Net asset value, beginning of year	$	25.43		$	24.47		$	25.00
Total income (loss)		(2.31)			1.21			(0.49)
Total expenses		(0.20)			(0.25)			(0.04)
Net increase (decrease) in net asset value		(2.51)			0.96			(0.53)
Net asset value, end of year	$	22.92		$	25.43		$	24.47

Total Return		(9.87)	%		3.92	%		(2.12)	%

Ratios to Average Net Assets
Total income (loss)		(10.06)	%		5.35	%		(2.01)	%
Management fees		0.65	%**		0.78	%**		0.95	%***
Total expenses excluding management fees		3.77	%		3.98	%		4.17	%***
Expenses waived		(3.56)	%		(3.78)	%		(3.95)	%***
Net expenses excluding management fees		0.21	%		0.20	%		0.22	%***
Net income (loss)		(10.92)	%		4.37	%		(2.16)	%***

*	The commencement of operations of CPER was November 15, 2011.

**	Effective as of May 29, 2012 (and continuing at least through May 1, 2014), USCF voluntarily agreed to waive the management fee paid by CPER from 0.95% to 0.65% per annum of average daily total net assets.

***	Annualized.

USAG

	Year ended December 31, 2013			Year ended December 31, 2012*			Year ended December 31, 2011
Per Share Operating Performance:

Net asset value, beginning of year	$	25.56		$	25.00		$	-
Total income (loss)		(2.52)			0.77			-
Total expenses		(0.25)			(0.21)			-
Net increase (decrease) in net asset value		(2.77)			0.56			-
Net asset value, end of year	$	22.79		$	25.56		$	-

Total Return		(10.84)	%		2.24	%		-	%

Ratios to Average Net Assets
Total income (loss)		(10.53)	%		7.33	%		-	%
Management fees**		0.80	%***		0.83	%***		-	%
Total expenses excluding management fees***		3.68	%		3.91	%		-	%
Expenses waived**		(3.42)	%		(3.63)	%		-	%
Net expenses excluding management fees**		0.25	%		0.28	%		-	%
Net income (loss)		(11.58)	%		6.53	%		-	%

*	The commencement of operations of USAG was April 13, 2012.

**	Annualized.

***	Effective as of May 29, 2012 (and continuing at least through May 1, 2014), USCF voluntarily agreed to waive the management fee paid by USAG from 0.95% to 0.80% per annum of average daily total net assets.

USMI

	Year ended December 31, 2013			Year ended December 31, 2012*			Year ended December 31, 2011
Per Share Operating Performance:

Net asset value, beginning of year	$	26.47		$	25.00		$	-
Total income (loss)		(4.29)			1.59			-
Total expenses		(0.21)			(0.12)			-
Net increase (decrease) in net asset value		(4.50)			1.47			-
Net asset value, end of year	$	21.97		$	26.47		$	-

Total Return		(17.00)	%		5.88	%		-	%

Ratios to Average Net Assets
Total income (loss)		(15.12)	%		6.92	%		-	%
Management fees**		0.70	%***		0.70	%***		-	%
Total expenses excluding management fees**		3.46	%		4.09	%		-	%
Expenses waived**		(3.26)	%		(3.88)	%		-	%
Net expenses excluding management fees**		0.20	%		0.21	%		-	%
Net income (loss)		(16.02)	%		6.43	%		-	%

*	The commencement of operations of USMI was June 19, 2012.

**	Annualized.

***	Effective as of May 30, 2012 (and continuing at least through May 1, 2014), USCF voluntarily agreed to waive the management fee paid by USMI from 0.95% to 0.70% per annum of average daily total net assets.

Total returns are calculated based on the change in value during the period. An individual shareholder’s total return and ratio may vary from the above total returns and ratios based on the timing of contributions to and withdrawals from each Trust Series.