Key stats
About United States Copper Index Fund ETV
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Inception date
Nov 15, 2011
Structure
Commodities Pool
Distributes
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Tax on distributions
No distributions
Primary advisor
United States Commodity Funds LLC
Distributor
Alps Distributors, Inc.
CPER is a commodity pool tracking copper futures contracts on COMEX. The fund uses a complex optimization process to select two or three contracts each month in an attempt to mitigate the effects of contango. Contracts are selected using quant analysis on prices of eligible copper futures, developed by Summer Haven Index Management. Because of the fund`s commodity pool structure, investors will pay a blended tax rate on capital gains regardless of how long they`ve held it, and will receive a K-1 at tax time.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Futures
Bonds, Cash & Other100.00%
Cash50.18%
Futures49.82%
Top 10 holdings
Dividends
Dividend payout history