EX-99.1 2 us12of8kex99_2010-0226.htm 2010-0226 US12OF FINANCIAL STATEMENTS us12of8kex99_2010-0226.htm

           
 Exhibit 99.1
United States 12 Month Oil Fund, LP
        
Monthly Account Statement
        
For the Month Ended January 31, 2010
        
             
             
Statement of Income (Loss)
        
             
Income
            
Realized Trading Gain (Loss)
    
$
                 4,307,440
Unrealized Gain (Loss) on Market Value of Futures
      
              (18,048,620)
Interest Income
      
                        3,131
 
Total Income (Loss)
    
$
              (13,738,049)
             
Expenses
          
Investment Advisory Fee
    
$
                      83,233
Tax Reporting Fees
      
                      52,800
Audit fees
        
                      12,400
Legal fees
        
                      11,470
NYMEX License Fee
      
                        3,166
SEC & FINRA Registration Expense
      
                        2,860
Brokerage Commissions
      
                        2,111
Non-interested Directors' Fees and Expenses
      
                           627
Prepaid Insurance Expense
      
                           433
 
Total Expenses
    
$
                    169,100
 
  
Net Gain (Loss)
    
$
              (13,907,149)
             
             
Statement of Changes in Net Asset Value
        
             
             
Net Asset Value Beginning of Period 1/1/10
    
$
             165,523,309
Net Gain (Loss)
      
              (13,907,149)
             
 
Net Asset Value End of Period
    
$
             151,616,160
 
Net Asset Value Per Unit (4,100,000 Units)
  
$
                        36.98
             
             
             
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, 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 Oil Fund, LP
             
United States Commodity Funds LLC
        
1320 Harbor Bay Parkway
        
Suite 145
          
Alameda, CA 94502