EX-99.1 2 us12of8kex99_2009-0430.htm US12OF FINANCIAL STATEMENTS 2009-0430 us12of8kex99_2009-0430.htm

United States 12 Month Oil Fund, LP
         Exhibit 99.1
Monthly Account Statement
        
For the Month Ended March 31, 2009
        
             
             
Statement of Income (Loss)
        
             
Income
            
Realized Trading Gain (Loss)
    
$
                (2,218,140)
Unrealized Gain (Loss) on Market Value of Futures
      
               14,603,200
Interest Income
      
                      32,842
ETF Transaction Fees
      
                        5,000
 
Total Income (Loss)
    
$
               12,422,902
             
Expenses
          
Investment Advisory Fee
    
$
                      72,764
SEC & FINRA Registration Expense
      
                      15,500
Brokerage Commissions
      
                      13,696
NYMEX License Fee
      
                        2,995
Non-interested Directors' Fees and Expenses
      
                        1,210
Prepaid Insurance Expense
      
                           126
Other Expenses
      
                        8,525
 
Total Expenses
    
$
                    114,816
   
Net Gain (Loss)
    
$
               12,308,086
             
             
Statement of Changes in Net Asset Value
        
             
             
Net Asset Value Beginning of Period 3/1/09
    
$
             138,786,595
Additions (500,000 Units)
      
               13,952,421
Withdrawals (600,000 Units)
      
              (16,501,898)
Net Gain (Loss)
      
               12,308,086
             
 
Net Asset Value End of Period
    
$
             148,545,204
 
Net Asset Value Per Unit (4,900,000 Units)
  
$
                        30.32
             
             
             
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 March 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