Fund Description
The Fund is an actively managed ETF that seeks to maintain substantial economic exposure to the performance of the commodities markets primarily by investing in a wholly-owned Cayman Islands subsidiary of the Fund (the Subsidiary). The Fund will not invest more than 25% of its total assets in the Subsidiary. The Fund s portfolio of futures contracts will generally consist of the commodities futures contracts included in the SDCITR, in proportionally equal weights by notional amount as the SDCITR. The SummerHaven Dynamic Commodity Index Total Return (SDCITR) is a total return commodity sector index designed to broadly represent major commodities and reflect the performance of a fully margined and collateralized portfolio of exchange-traded commodities futures contracts. The SDCITR is based on the notion that commodities with low inventories tend to outperform commodities with high inventories, and that priced-based measures can be used to help assess the current state of commodity inventories.
Fund Profile
Fund Name USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund
Fund Exchange Ticker SDCI
Fund Sponsor United States Commodity Funds
Fund ISIN US90290T8099
Net Expense Ratio 0.80 %
Fund Inception Date 2 May 2018
Fund Legal Structure Limited Partnership
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Commodities & Metals - Diversified Commodities
Asset Class Commodities & Metals
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Commodity Types Diversified Commodities
Key Statistics
Return As of Date 17 June 2019
Asset Under Management 3.68 Million (USD)
1 Month Total Return -3.14 %
Year To Date Return -2.31 %
1 Year Total Return -16.50 %
3 Year Annualized Total Return
NAV 18.38
Share Outstanding 200,000
Top 10 Holdings (17 June 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
US DOLLARS CASH 0.2976243689
US T BILL ZCP 06/20/19 BILL 0.0399825902
ICE Sugar #11 SB OCT19 FUTR 0.0383370224
LME Tin LT NOV19 FUTR 0.0377324082
CBOT Corn C DEC19 FUTR 0.0374684892
LME Nickel LN JUL19 FUTR 0.0374636907
CME Feeder Cattle FC AUG19 FUTR 0.0365021194
ICE Cocoa CC SEP19 FUTR 0.0363475003
CBOT Wheat W SEP19 FUTR 0.0361722208
COMEX Gold GC AUG19 FUTR 0.0357996686