EX-99.1 2 v141378_ex99-1.htm Unassociated Document
Exhibit 99.1
 
Monthly Account Statement
For the Month Ended January 31, 2009

Statement of Income (Loss) 


Income
     
Realized Trading Gain (Loss)
  $ (326,920 )
Unrealized Gain (Loss) on Market Value of Futures
    (176,770 )
Interest Income
    1,933  
ETF Transaction Fees
    1,000  
Total Income (Loss)
  $ (500,757 )
         
Expenses
       
Investment Advisory Fee
  $ 3,299  
Audit & K-1 Tax Expense
    8,525  
Brokerage Commissions
    497  
NYMEX License Fee
    142  
Non-interested Directors' Fees and Expenses
    45  
Total Expenses
    12,508  
Audit & K-1 Tax Expense Waiver
    (7,700 )
Net Expenses
  $ 4,808  
Net Gain (Loss)
  $ (505,565 )

Statement of Changes in Net Asset Value 


Net Asset Value Beginning of Period 1/1/09
  $ 6,247,578  
Additions (100,000 Units)
    2,964,393  
Net Gain (Loss)
    (505,565 )
         
Net Asset Value End of Period
  $ 8,706,406  
Net Asset Value Per Unit (300,000 Units)
  $ 29.02  

To the Limited Partners of United States 12 Month Oil 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 January 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 Oil Fund, LP

United States Commodity Funds LLC
1320 Harbor Bay Parkway
Suite 145
Alameda, CA 94502