EX-99.1 2 v342923_ex99-1.htm EXHIBIT 99.1

 

United States 12 Month Natural Gas Fund, LP

Monthly Account Statement

For the Month Ended March 31, 2013

 

Statement of Income (Loss)    
     
Income    
Realized Trading Gain (Loss) on Futures  $707,490 
Unrealized Gain (Loss) on Market Value of Futures   3,815,540 
Dividend Income   374 
Interest Income   642 
ETF Transaction Fees   1,750 
Total Income (Loss)  $4,525,796 
      
Expenses     
General Partner Management Fees  $28,933 
Brokerage Commissions   1,097 
NYMEX License Fee   578 
Non-interested Directors' Fees and Expenses   442 
Prepaid Insurance Expense   301 
Other Expenses   10,602 
Total Expenses   41,953 
Expense Waiver   (4,832)
Net Expenses  $37,121 
Net Income (Loss)  $4,488,675 

 

     
Statement of Changes in Net Asset Value    
     
Net Asset Value Beginning of Month 3/1/13  $45,444,471 
Withdrawals (350,000 Units)   (6,551,036)
Net Income (Loss)   4,488,675 
      
Net Asset Value End of Month  $43,382,110 
Net Asset Value Per Unit (2,250,000 Units)  $19.28 

 

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 March 31, 2013 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

1999 Harrison Street, Suite 1530

Oakland, CA 94612