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United States Metals Index Fund

The United States Metals Index Fund® ("USMI") is an exchange-traded security that is designed to track, in percentage terms, the price movements of the SummerHaven Dynamic Metals Index Total Return℠. USMI issues units that may be purchased and sold on the NYSE Arca.

The investment objective of USMI is for the daily changes in percentage terms of its units' net asset value ("NAV") to reflect the daily changes in percentage terms of the SummerHaven Dynamic Metals Index Total Return℠ (the "Metals Index"), less USMI's expenses. The Metals Index is designed to reflect the performance of a diversified group of metals. The Metals Index is designed as a benchmark for investors seeking attractive risk-adjusted returns on a portfolio of metals commodity futures contracts.

The Metals Index is comprised of 10 Eligible Metals Futures Contracts that are selected on a monthly basis based on quantitative formulas developed by SummerHaven Indexing. The Eligible Metals Futures Contracts that at any given time make up the Metals Index are referred to herein as "Benchmark Component Metals Futures Contracts." The relative weighting of the Benchmark Component Metals Futures Contracts will change on a monthly basis, based on quantitative formulas relating to the prices of the Benchmark Component Metals Futures Contracts developed by SummerHaven Indexing.

The Benchmark Component Metals Futures Contracts that will comprise the Metals Index currently trade on major exchanges in the U.S. and U.K..

Recent Documents
TitleDate
ProspectusMay 15, 2013
Code of ConductApril 26, 2013
Governance PolicyApril 26, 2013
8-K Monthly Account StatementMarch 31, 2013
Fact SheetMarch 31, 2013
10-QMarch 31, 2013
10-Q XBRL ZIP ArchiveMarch 31, 2013
8-KMarch 28, 2013
8-KMarch 27, 2013
8-K Monthly Account StatementFebruary 28, 2013
8-K Monthly Account StatementJanuary 31, 2013
10-K XBRL ZIP ArchiveDecember 31, 2012
10-KDecember 31, 2012
ProspectusDecember 28, 2012

Fund Facts
USMI as of 05/23/2013
Ticker USMI
IIV USMI.IV
Listing Exchanges NYSE Arca
CUSIP 911718302
ISIN US911718302
NAV$22.90
NAV Change$-0.20
4PM Bid/Ask Midpoint$22.45
Last Trade Price$22.81
Premium/Discount (%)-1.97%
Units Outstanding100,000

Recent quarter end performance data.

For a copy of the Prospectus contact: ALPS Distributors, Inc., 1290 Broadway, Suite 1100, Denver, Colorado 80203 or call 800.920.0259 or click here. Please read it carefully before investing.

The Commodity Futures Trading Commission has not passed upon the merits of participating in these pools nor has the Commission passed on the adequacy or accuracy of this Prospectus.

Neither the Securities and Exchange Commission ("SEC"), nor any State Securities Commission has approved or disapproved the securities offered in this Prospectus or determined if this Prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

USMI® is not a mutual fund or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation thereunder.

This investment is not suitable for all investors.

Commodity trading is highly speculative. Commodities and futures generally are volatile and are not suitable for all investors. USMI is speculative and involves a high degree of risk. These risks could result in large fluctuations in the price of USMI's units. An investor may lose all or substantially all of an investment in USMI. Funds that focus on a single sector generally experience greater volatility.

The Metals Index reflects commodities in the precious metals and industrial metals sectors. A change in price of any of the commodities in these sectors will have a significant effect on the level of the Metals Index and the value of USMI Units, which could have a material adverse effect on your investment.

The Metals Index does not correlate exactly with the spot price of the metals and this could cause the changes in the price of the Units to substantially vary from the changes in the spot price of the metals underlying the Benchmark Component Metals Futures Contracts. Therefore, you may not be able to effectively use USMI to hedge against metals-related losses or as a way to indirectly invest in metals. For further discussion of these and additional risks associated with an investment in USMI Units, click here.

Investors buy and sell units in the secondary market (i.e., not directly from USMI). Only "authorized purchasers" may trade directly with USMI, in minimum blocks of 50,000 Units.

The United States Metals Index Fund is distributed by ALPS Distributors, Inc.

USMI United States Metals Index Fund® and Design mark are service marks of The United States Commodity Funds LLC. The United States Commodity Funds® is a registered trademark. SummerHaven Investment Management, LLC is the owner of the SummerHaven Dynamic Metals Index Total Return℠ | All rights reserved.

© Copyright 2012 - 2013 | United States Metals Index Fund | All rights reserved.