EX-99.1 2 us12of8kex99_2009-0327.htm US12OF EXHIBIT 99.1 ACCOUNT STATEMENT us12of8kex99_2009-0327.htm
       
 Exhibit 99.1
United States 12 Month Oil Fund, LP
        
Monthly Account Statement
        
For the Month Ended February 28, 2009
        
             
             
Statement of Income (Loss)
        
             
Income
            
Realized Trading Gain (Loss)
    
$
                   (439,450)
Unrealized Gain (Loss) on Market Value of Futures
      
                 5,553,570
Interest Income
      
                        9,846
ETF Transaction Fees
      
                        9,000
 
Total Income (Loss)
    
$
                 5,132,966
             
Expenses
          
Investment Advisory Fee
    
$
                      21,200
Brokerage Commissions
      
                      14,573
SEC & FINRA Registration Expense
      
                        5,500
NYMEX License Fee
      
                           859
Non-interested Directors' Fees and Expenses
      
                           210
Other Expenses
      
                        7,700
 
Total Expenses
      
                      50,042
Expense Waiver
      
                       (3,527)
 
Net Expenses
    
$
                      46,515
   
Net Gain (Loss)
    
$
                 5,086,451
             
             
Statement of Changes in Net Asset Value
        
             
             
Net Asset Value Beginning of Period 2/1/09
    
$
                 8,706,406
Additions (4,700,000 Units)
      
             124,993,738
Net Gain (Loss)
      
                 5,086,451
             
 
Net Asset Value End of Period
    
$
             138,786,595
 
Net Asset Value Per Unit (5,000,000 Units)
  
$
                        27.76
             
             
             
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 February 28, 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