United States Commodity Index Funds Trust just came out with a new prospectus, available here. This is an SEC requirement for firms looking to issue certain types of securities. An excerpt of the prospectus is provided below:
to Rule 424(b)(3)
File No. 333-230259
COMMODITY INDEX FUND
December 7, 2020
December 1, 2020
supplement contains information that amends, supplements or modifies certain information contained in the prospectus of United
States Commodity Index Fund (“USCI”) dated December 1, 2020 (the “Prospectus”).
should carefully read the Prospectus and this supplement before investing. This supplement should be read in conjunction with
the Prospectus. You should also carefully consider the “Risk Factors” beginning on page 5 of the Prospectus before
you decide to invest.
USCI Prospectus dated December 1, 2020 disclosed a purported class action In re: United States Oil Fund, LP Securities Litigation.
The complaint filed in In re: United States Oil Fund, LP Securities Litigation has been amended to add parties and amend
the claims set forth therein. Accordingly, the following description amends and restates the disclosure included in the Prospectus
regarding In re: United States Oil Fund, LP Securities Litigation in its entirety:
In re: United States Oil Fund, LP Securities Litigation
June 19, 2020, USCF, USO, John P. Love, and Stuart P. Crumbaugh were named as defendants in the Lucas Class Action (the “Initial
Lucas Class Complaint”). The Initial Lucas Class Complaint alleges that, beginning in March 2020, in connection with USO’s
registration and issuance of additional USO shares, USCF, USO, and the other defendants in the Initial Lucas Class Action failed
to disclose to investors in USO certain extraordinary market conditions and the attendant risks that caused the demand for oil
to fall precipitously, including the COVID-19 global pandemic and the Saudi Arabia-Russia oil price war. Plaintiff alleges that
USCF, USO, and the other defendants in the Initial Lucas Cla
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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Other recent filings from the company include the following:
United States Commodity Index Funds Trust United States Commodity Index Fund Monthly Account Statement - March 26, 2021
United States Commodity Index Funds: United States Commodity Funds Llc - March 25, 2021