EX-99.1 2 us12ng8kex99_2010-0930.htm 2010-0930 US12NG FINANCIAL STATEMENT us12ng8kex99_2010-0930.htm
     
Exhibit 99.1
 
United States 12 Month Natural Gas Fund, LP
     
Monthly Account Statement
     
For the Month Ended September 30, 2010
     
         
         
Statement of Income (Loss)
     
         
Income
       
Realized Trading Gain (Loss)
  $ (799,160 )
Unrealized Gain (Loss) on Market Value of Futures
    (1,916,400 )
Dividend Income
    1,185  
Interest Income
    318  
ETF Transaction Fees
    1,000  
 
Total Income (Loss)
  $ (2,713,057 )
           
Expenses
         
Investment Advisory Fee
  $ 24,448  
Brokerage Commissions
    1,492  
NYMEX License Fee
    791  
Non-interested Directors' Fees and Expenses
    223  
Prepaid Insurance Expense
    106  
Other Expenses
    1,350  
 
Total Expenses
  $ 28,410  
 
Net Gain (Loss)
  $ (2,741,467 )
           
           
Statement of Changes in Net Asset Value
       
           
           
Net Asset Value Beginning of Period 9/1/10
  $ 36,605,846  
Additions (200,000 Units)
    7,330,451  
Net Gain (Loss)
    (2,741,467 )
           
 
Net Asset Value End of Period
  $ 41,194,830  
 
Net Asset Value Per Unit (1,200,000 Units)
  $ 34.33  
           
           
           
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 September 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