Terms and Conditions of Use IMPORTANT INFORMATION ABOUT ACCESS TO THIS WEBSITE Please read the Terms and Conditions of Use below. Use of and access to this website is conditioned on your acceptance of the Terms and Conditions of Use. By using or accessing this website, you expressly acknowledge that you have read and understood the Terms and Conditions of Use, and that you agree to be bound by them. If you do not agree to be bound by the Terms and Conditions of Use, you are not permitted to use or access the website. USCF may modify these Terms and Conditions of Use at any time and at its sole discretion, with or without advance notice. Each time you use or access this website, you are responsible for being familiar with, and are bound by, the current version of these Terms and Conditions of Use. If you use or access (or attempt to use or access) this website in breach of any of the Terms and Conditions of Use, neither USCF nor any of its affiliates will be liable to you for any loss or damage that may result to you or a third party (including without limitation, any direct, indirect, incidental or consequential loss or damage, or any loss of revenue, business profits, goodwill, data, or any opportunity) in connection with such use or access (or attempt to use or access) of this website. Terms and Conditions of Use Unless otherwise indicated, in these Terms and Conditions of Use (“Terms and Conditions of Use”), references to “you” and “your” are references to any person using or accessing (or attempting to use or access) this website (the “Site”). Please note that we may require you to register to perform certain functions and access certain areas of the Site. Some of the individual websites linked to, or pages contained within, the Site may require you to agree to supplemental terms, conditions, disclaimers and/or disclosures (“Supplemental Terms”). In the event of a conflict between these Terms and Conditions of Use and any Supplemental Terms, the Supplemental Terms will govern for any individual websites or pages on which they appear. By accessing the Site, you agree to be bound by any applicable Supplemental Terms. If you do not agree with any Supplemental Terms, you may not use or access any portion of the Site. You affirm that you are either 18 years of age or older, or possess legal parental or guardian consent, and are fully able and competent to enter into these Terms and Conditions of Use, and to abide by and comply with these Terms and Conditions of Use. You affirm that you are over the age of 13, as the Site is not intended for children under 13. Purpose and Accuracy of Information on the Site The information on the Sites (the “Content”) is directed only at persons or entities in the jurisdiction(s) where access to such Content and use of such Content is not contrary to any applicable law or regulation. Accordingly, you are responsible for informing yourself of and complying with any such restrictions. Nothing on any Site is intended to, nor will, constitute an offer (or an invitation to make an offer) to buy, sell or otherwise transact in any investment fund and/or strategy referred to on any Site or any other security or financial instrument, or to provide any investment services or advice in any jurisdiction. The Content is provided by us and certain third parties, and is for information purposes only. The Content has been obtained from, or is based on, sources believed by us to be reliable, but is not guaranteed as to its accuracy or completeness. The Content is provided without obligation on our part and on the understanding that any person or entity who acts upon it or changes his, her or its investment position in reliance on it does so entirely at his, her or its own risk. The Content is current only as at the date it is first posted and may no longer be true or complete when viewed by you. Additionally, the Content may be changed or amended without prior notice, but we do not undertake any obligation to update any Site or Content. No Investment Advice or Recommendations Nothing contained on the Site constitutes investment, legal, tax, accounting, regulatory, or other advice. Information contained on the Site does not constitute an offer to sell or a solicitation of an offer to buy any shares of any USCF Funds. The investments and strategies discussed in the Site may not be suitable for all investors and are not obligations of USCF or its affiliates or guaranteed by USCF or its affiliates. Decisions based on information contained on the Site are the sole responsibility of the visitor. You should obtain relevant and specific professional advice before making any investment decision. The information on the site is provided for informational purposes only and is subject to change without notice. USCF makes no representations that the contents are appropriate for use in all locations, or that the transactions, securities, products, instruments, or services discussed on this site are available or appropriate for sale or use in all jurisdictions or countries, or by all investors or counterparties. By making available information on the Site, USCF does not represent that any investment vehicle is available or suitable for any particular investor. All persons and entities accessing the Site do so on their own initiative and are responsible for compliance with applicable local laws and regulations. Site Access and Limitations on Use USCF hereby grants you permission to use the Site as set forth herein, provided that: (i) your use of the Site is solely for your personal use; (ii) you will not copy or distribute any part of the Site in any medium without USCF’s prior written authorization; and (iii) you will not alter or modify any part of the Site. You agree not to (i) use or launch any automated system, including without limitation, "robots," "spiders," "offline readers," and any other similar or analogous system and (ii) not to effect fraudulent or untrue request messages to USCF’s servers or to engage third persons to effect fraudulent or untrue request messages to USCF’s servers. Notwithstanding the foregoing, USCF grants the operators of public search engines permission to use spiders to copy materials from the site for the sole purpose of creating publicly available searchable indices of the materials, but not to create caches or archives of such materials. USCF reserves the right to revoke these exceptions either generally or in specific cases. You warrant that you will not use the Site to conduct or engage in unlawful activities, to violate any law or regulation, or to violate or infringe upon the rights of USCF, or any third party, including without limitation, contractual rights, intellectual property rights, and privacy rights. USCF reserves the right to monitor your use of the Site. You acknowledge and hereby consent to such monitoring. USCF reserves the right to terminate your access to and use of the Site. Material Interests USCF and its partners, officers and/or employees may have holdings in the investment funds that may be referred to on the Site and may otherwise be interested in transactions that you effect in those funds. Linked Websites and Links to the Site The Site may be linked to third party websites or contain information provided by third parties. USCF does not make any representation as to the accuracy or completeness of such websites or information, has not and will not review or update such websites or information, and cautions users that any use made of such websites or information is at their own risk. USCF disclaims any and all warranties, express or implied, to any such linked sites, including but not limited to any terms as to the accuracy, ownership, validity or legality of any content of a linked website. By using the Site, you expressly relieve USCF from any and all liability arising from your use of any third-party website. USCF permits you to link to only the main or “home” page of the Site. “Deep links” to sub webpages are not permitted. 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NO REPRESENTATION, WARRANTY OR UNDERTAKING IS GIVEN AS TO THE ACCURACY OR COMPLETENESS OF THE CONTENT BY USCF OR ANY OF ITS ASSOCIATED COMPANIES AND NO LIABILITY IS ACCEPTED BY SUCH PERSONS FOR THE ACCURACY OR COMPLETENESS OF SUCH INFORMATION. IN NO EVENT WILL USCF OR ANY OF ITS ASSOCIATED COMPANIES BE LIABLE TO YOU FOR ANY CLAIM OR LOSS CLAIMED BY YOU OR ANY THIRD PARTY RELATING TO BUSINESS DECISIONS MADE BY YOU AS A RESULT OF YOUR USE OF THE SITE OR THE CONTENT. THE INTERNET IS NOT A COMPLETELY RELIABLE TRANSMISSION MEDIUM, AND USCF SHALL NOT BE LIABLE FOR ANY DATA TRANSMISSION ERRORS SUCH AS DATA LOSS, DAMAGE OR ALTERATION OF ANY KIND. USCF DOES NOT GUARANTEE CONTINUOUS, UNINTERRUPTED OR SECURE ACCESS TO THE SITE OR ANY CONTENT CONTAINED THEREIN. 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Nothing on the Site should be considered as granting any license or right under any intellectual property right of USCF, or any third party, other than as explicitly set forth in these Terms and Conditions of Use. The Site and all intellectual property rights in it and in the Content (including, but in no way limited to, rights under the copyright law, trademark law or patent law of any jurisdiction) are owned by USCF and/or its affiliates, or licensed to USCF by relevant third party content providers. USCF grants you the limited, nonexclusive, nontransferable, and nonsublicenseable right to access the Content for your own personal or internal business use, and the right to reproduce the Content in hard copy for your own reference. If you download or print a copy of content from the Site for personal use, you must retain all copyright and other proprietary notices contained therein. Notwithstanding the foregoing sentence, nothing in these Terms and Conditions of Use shall be construed as conferring upon you any license to modify, reproduce, distribute or transmit the Content, to create derivative works based upon the Content, or to incorporate the Content into other databases, documents or other materials. All product names, trademarks, logos, service marks and trade names (collectively referred to as “Trademarks”) displayed on the Site are property of USCF and/or its affiliates, related companies, licensors or business partners. The Trademarks are protected under U.S. and/or international law. Except as permitted within these Terms and Conditions of Use or otherwise indicated in writing by USCF, any use of the Trademarks by you is expressly prohibited. The layout and design of the Site, as well as images of people or places displayed on the Site, are either property of USCF or used with the permission of the copyright owner. Except as permitted within these Terms and Conditions of Use or otherwise indicated in writing by USCF, any use of such layout, design or images by you is expressly prohibited. Enforceability and Governing Law Your access to and use of the Site and these Terms and Conditions of Use are governed by the laws of the State of California and disputes arising from or related to your access to and use of the Site shall be adjudicated exclusively in a forum located in the State of California. The Site is controlled and offered by USCF from its facilities in the United States of America. USCF makes no representations that the Site is appropriate or available for use in other locations. Those who access or use the Site from other jurisdictions do so at their own volition and are responsible for compliance with local law. In the event any provision or portion of these Terms and Conditions of Use is held to be invalid or unenforceable for any reason, in whole or in part, the remaining provisions and/or portions shall be unaffected thereby and shall remain in full force and effect to the fullest extent permitted by applicable law. EACH PARTY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY RIGHT TO TRIAL BY JURY IN ANY ACTION, SUIT, CLAIM OR PROCEEDING BROUGHT TO ENFORCE, DEFEND OR INTERPRET ANY RIGHTS OR REMEDIES ARISING HEREUNDER, RELATING TO OR IN CONNECTION WITH THIS AGREEMENT. Force Majeure USCF’s failure to maintain the Site and/or provide the Content as a result of conditions beyond its control such as, but not limited to, war, strikes, fires, floods, acts of God, governmental restrictions, power failures, natural disasters, acts of terrorism, or damage or destruction of any network facilities or servers, shall not be deemed a breach of these Terms and Conditions of Use. Cookies The Site uses “cookies,” which are small text files that are stored on your computer that retain your information, activities, and/or preferences relative to your activities on a website. Should you wish to prevent your computer from accepting cookies from the Site, you can change the settings on your web browser to either block cookies sent from the Site, or to disable cookies altogether. Please note that the Site may not function properly, or may function differently, if you choose not to receive cookies. Back to Top Our Company Disclosures Definitions Terms of Use Careers K-1 Information Privacy Site Map Stay Connected NOT FDIC INSURED | MAY LOSE VALUE | NO BANK GUARANTEE This information is intended for U.S. residents. One cannot invest directly in an index. USCF is a registered service mark of United States Commodity Funds LLC. United States Commodity Funds LLC and USCF Advisers LLC are wholly owned limited liability companies of Wainwright Holdings, Inc. ALPS Distributors, Inc., is the distributor for funds sponsored by the United States Commodity Funds LLC and funds that are series of the USCF ETF Trust and not affiliated with USCF Investments or Wainwright Holdings, Inc. Shares of the funds that are exchange-traded products (ETPs) or exchange-traded funds (ETFs) are not individually redeemable and owners of any Shares may acquire those Shares from the Funds and tender those shares for redemption to the Funds in Creation Unit aggregations of 50,000 or 100,000 Shares. Investments contain a heightened risk including market and price movements that are outside the Fund’s control and may be influenced by infectious disease outbreaks, including Covid-19, weather and climate conditions, livestock disease, war, terrorism, political conflicts and economic event, interest rates, currency exchange rates, U.S. and non-U.S. government regulation and taxation Investments held in U.S. government securities and money market instruments can suffer losses. EXCHANGE TRADED PRODUCT DISCLOSURES We advise you to consider a Fund's objectives, risks, charges and expenses carefully before investing. Download a copy of a Fund's Prospectus by clicking one of the following: USCI, USO, USL, BNO, UNG, UNL, UGA, CPER which contains this and other information, or contact the Fund’s distributor at: ALPS Distributors, Inc., 1290 Broadway, Suite 1000, Denver, Colorado 80203 or call 800-920-0259. Please read the Fund’s Prospectus carefully before investing. USCI, USO, USL, BNO, UNG, UNL, UGA, and CPER are commodity pools regulated by the Commodity Futures Trading Commission. These Funds, which are ETPs, are not mutual funds or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and are not subject to regulation thereunder. Past performance does not guarantee future results. Commodity trading is highly speculative and involves a high degree of risk. Commodities and futures generally are volatile and are not suitable for all investors. An investor may lose all or substantially all of an investment. Investing in commodity interests subject each Fund to the risks of its related industry. These risks could result in large fluctuations in the price of a particular Fund's respective shares. Funds that focus on a single sector generally experience greater volatility. For further discussion of these and additional risks associated with an investment in the Funds please read the respective Fund Prospectus before investing. INVESTING IN USO INVOLVES RISKS SIMILAR TO THOSE INVOLVED WITH AN INVESTMENT DIRECTLY IN THE OIL FUTURES MARKETS, BUT IT IS NOT A PROXY FOR TRADING DIRECTLY IN THE OIL MARKETS AND THESE RISKS ARE REAL. Investing in USO also involves correlation risk. Recent and unprecedented volatility in the crude oil markets in 2020 demonstrates that these risks are real. An investor should consider carefully the risks described below before making an investment decision. See the section of the USO prospectus titled “Risk Factors Involved with an Investment in USO.” Certain of these risk factors are summarized in the Disclosures section of this website. EXCHANGE TRADED FUND DISCLOSURES We advise you to consider a fund's objectives, strategies, risks, charges and expenses carefully before investing. The Prospectus contains this and other information. Download a copy of a fund's Prospectus by clicking one of the following: SDCI, UMI, GLDX. Please read any Prospectus carefully before investing. An investment in the USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI), the USCF Midstream Energy Income Fund (UMI) and the USCF Gold Strategy Plus Income Fund (GLDX) may not be suitable for all investors. Investing involves risks, including loss of principal. The market value of shares of common stock can be volatile and change quickly. There is no guarantee that the fund's objective will be met. Fund concentration generally leads to greater price volatility. Foreign investing involves special risks such as currency fluctuations and political uncertainty. Investment in small companies generally experience greater price volatility. Past performance does not guarantee future results. Commodity trading is highly speculative and involves a high degree of risk. Commodities and futures generally are volatile and are not suitable for all investors. An investor may lose all or substantially all of an investment. Investing in commodity interests subject each Fund to the risks of its related industry. These risks could result in large fluctuations in the price of a particular Fund's respective shares. Funds that focus on a single sector generally experience greater volatility. For further discussion of these and additional risks associated with an investment in the Funds please read the respective Fund Prospectus before investing. SDCI, UMI, and GLDX shares are not individually redeemable. Individual investors must buy and sell SDCI, UMI, and GLDX shares in the secondary market through their brokerage firm. Brokerage commissions may apply and will reduce returns. UMI and GLDX are new and have a limited operating history. © 2021 USCF | All rights reserved.