EX-99.1 2 v342918_ex99-1.htm EXHIBIT 99.1

 

United States 12 Month Oil Fund, LP

Monthly Account Statement

For the Month Ended March 31, 2013

 

Statement of Income (Loss)    
     
Income    
Realized Trading Gain (Loss) on Futures  $(63,830)
Unrealized Gain (Loss) on Market Value of Futures   4,046,450 
Dividend Income   1,860 
Interest Income   759 
Total Income (Loss)  $3,985,239 
      
Expenses     
General Partner Management Fees  $50,442 
SEC & FINRA Registration Expense   10,113 
Tax Reporting Fees   9,827 
Audit Fees   7,192 
NYMEX License Fee   1,261 
Non-interested Directors' Fees and Expenses   965 
Prepaid Insurance Expense   691 
Brokerage Commissions   567 
Legal Fees   275 
Total Expenses  $81,333 
Net Income (Loss)  $3,903,906 
      

 

     
Statement of Changes in Net Asset Value    
     
Net Asset Value Beginning of Month 3/1/13  $98,674,539 
Net Income (Loss)   3,903,906 
      
Net Asset Value End of Month  $102,578,445 
Net Asset Value Per Unit (2,500,000 Units)  $41.03 
      
      

 

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, 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 Oil Fund, LP

 

United States Commodity Funds LLC

1999 Harrison Street, Suite 1530

Oakland, CA 94612