EX-99.1 2 us12ng8kex99_2010-0129.htm 2010-0128 US12NG FINANCIAL STATEMENTS us12ng8kex99_2010-0129.htm

           
Exhibit 99.1
United States 12 Month Natural Gas Fund, LP
        
Monthly Account Statement
        
For the Month Ended December 31, 2009
        
             
             
Statement of Income (Loss)
        
             
Income
            
Realized Trading Gain (Loss)
    
$
                   934,900
Unrealized Gain (Loss) on Market Value of Futures
      
                1,564,610
Interest Income
      
                          879
ETF Transaction Fees
      
                       4,000
 
Total Income (Loss)
    
$
                2,504,389
             
Expenses
          
Investment Advisory Fee
    
$
                     14,983
Brokerage Commissions
      
                       7,180
NYMEX License Fee
      
                          569
Non-interested Directors' Fees and Expenses
      
                          112
Other Expenses
      
                     99,200
 
Total Expenses
      
                   122,044
Expense Waiver
      
                   (95,454)
 
Net Expenses
    
$
                     26,590
 
  
Net Gain (Loss)
    
$
                2,477,799
             
             
Statement of Changes in Net Asset Value
        
             
             
Net Asset Value Beginning of Period 12/1/09
    
$
                9,997,460
Additions (600,000 Units)
      
              30,748,970
Withdrawals (100,000 Units)
      
              (5,587,081)
Net Gain (Loss)
      
                2,477,799
             
 
Net Asset Value End of Period
    
$
              37,637,148
 
Net Asset Value Per Unit (700,000 Units)
    
$
                       53.77
             
             
             
To the Limited Partners of United States 12 Month Natural Gas Fund, LP:
             
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, 2009 is accurate and complete.
      
             
             
/s/ Howard Mah        
         
Howard Mah
        
Chief Financial Officer
        
United States Commodity Funds LLC, General Partner of United States 12 Month Natural Gas Fund, LP
             
United States Commodity Funds LLC
        
1320 Harbor Bay Parkway
        
Suite 145
          
Alameda, CA 94502