Exhibit 99.1
| USCF Funds Trust | ||||
| United States 3x Oil Fund | ||||
| Monthly Account Statement | ||||
| For the Month Ended December 31, 2017 | ||||
| Statement of Income (Loss) | ||||
| Income | ||||
| Realized Trading Gain (Loss) on Futures | $ | (117,077 | ) | |
| Unrealized Gain (Loss) on Market Value of Futures | 707,138 | |||
| Dividend Income | 870 | |||
| Interest Income | 2,644 | |||
| Total Income (Loss) | $ | 593,575 | ||
| Expenses | ||||
| Sponsor Management Fees | $ | 3,217 | ||
| Brokerage Commissions | 1,584 | |||
| Total Expenses | $ | 4,801 | ||
| Net Income (Loss) | $ | 588,774 | ||
| Statement of Changes in Net Asset Value | ||||
| Net Asset Value Beginning of Month 12/1/17 | $ | 3,895,871 | ||
| Net Income (Loss) | 588,774 | |||
| Net Asset Value End of Month | $ | 4,484,645 | ||
| Net Asset Value Per Share (100,040 Shares) | $ | 44.83 | ||
To the Shareholders of United States 3x Oil 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 December 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 3x Oil Fund | ||
| United States Commodity Funds LLC | ||
| 1999 Harrison Street, Suite 1530 | ||
| Oakland, CA 94612 | ||
| USCF Funds Trust | ||||
| United States 3x Short Oil Fund | ||||
| Monthly Account Statement | ||||
| For the Month Ended December 31, 2017 | ||||
| Statement of Income (Loss) | ||||
| Income | ||||
| Realized Trading Gain (Loss) on Futures | $ | (34,341 | ) | |
| Unrealized Gain (Loss) on Market Value of Futures | (171,880 | ) | ||
| Dividend Income | 529 | |||
| Interest Income | 664 | |||
| Total Income (Loss) | $ | (205,028 | ) | |
| Expenses | ||||
| Sponsor Management Fees | $ | 1,032 | ||
| Brokerage Commissions | 642 | |||
| Total Expenses | $ | 1,674 | ||
| Net Income (Loss) | $ | (206,702 | ) | |
| Statement of Changes in Net Asset Value | ||||
| Net Asset Value Beginning of Month 12/1/17 | $ | 1,327,749 | ||
| Net Income (Loss) | (206,702 | ) | ||
| Net Asset Value End of Month | $ | 1,121,047 | ||
| Net Asset Value Per Share (100,040 Shares) | $ | 11.21 | ||
To the Shareholders of United States 3x Short Oil 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 December 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 3x Short Oil Fund | ||
| United States Commodity Funds LLC | ||
| 1999 Harrison Street, Suite 1530 | ||
| Oakland, CA 94612 | ||
| USCF Funds Trust | ||||
| Monthly Account Statement | ||||
| For the Month Ended December 31, 2017 | ||||
| Statement of Income (Loss) | ||||
| Income | ||||
| Realized Trading Gain (Loss) on Futures | $ | (151,418 | ) | |
| Unrealized Gain (Loss) on Market Value of Futures | 535,258 | |||
| Dividend Income | 1,399 | |||
| Interest Income | 3,308 | |||
| Total Income (Loss) | $ | 388,547 | ||
| Expenses | ||||
| Sponsor Management Fees | $ | 4,249 | ||
| Brokerage Commissions | 2,226 | |||
| Total Expenses | $ | 6,475 | ||
| Net Income (Loss) | $ | 382,072 | ||
| Statement of Changes in Net Asset Value | ||||
| Net Asset Value Beginning of Month 12/1/17 | $ | 5,223,620 | ||
| Net Income (Loss) | 382,072 | |||
| Net Asset Value End of Month | $ | 5,605,692 | ||
To the Shareholders of USCF 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 December 31, 2017 is accurate and complete.
| /s/ Stuart P. Crumbaugh | ||
| Stuart P. Crumbaugh | ||
| Chief Financial Officer | ||
| United States Commodity Funds LLC, Sponsor of USCF Funds Trust | ||
| United States Commodity Funds LLC | ||
| 1999 Harrison Street, Suite 1530 | ||
| Oakland, CA 94612 | ||
