EX-99.1 2 us12ng8kex99_2010-0630.htm 2010-0630 US12NG FINANCIAL STATEMENTS us12ng8kex99_2010-0630.htm

     
Exhibit 99.1
  
United States 12 Month Natural Gas Fund, LP
      
Monthly Account Statement
      
For the Month Ended June 30, 2010
      
         
         
Statement of Income (Loss)
      
         
Income
        
Realized Trading Gain (Loss)
   $ (887,630 )
Unrealized Gain (Loss) on Market Value of Futures
     1,701,810  
Dividend Income
     1,200  
Interest Income
     141  
ETF Transaction Fees
     1,000  
 
Total Income (Loss)
   $ 816,521  
           
Expenses
          
Investment Advisory Fee
   $ 20,229  
Brokerage Commissions
     1,183  
NYMEX License Fee
     636  
Non-interested Directors' Fees and Expenses
     155  
Prepaid Insurance Expense
     106  
Other Expenses
     300  
 
Total Expenses
   $ 22,609  
 
Net Gain (Loss)
   $ 793,912  
           
           
Statement of Changes in Net Asset Value
        
           
           
Net Asset Value Beginning of Period 6/1/10
   $ 37,645,732  
Withdrawals (200,000 Units)
     (8,789,799 )
Net Gain (Loss)
     793,912  
           
 
Net Asset Value End of Period
   $ 29,649,845  
 
Net Asset Value Per Unit (700,000 Units)
   $ 42.36  
           
           
           
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 June 30, 2010 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