EX-99.1 2 v355631_ex99-1.htm EXHIBIT 99.1

United States 12 Month Oil Fund, LP

Monthly Account Statement

For the Month Ended August 31, 2013

 

Statement of Income (Loss)    
     
Income     
Realized Trading Gain (Loss) on Futures  $646,910 
Unrealized Gain (Loss) on Market Value of Futures   1,767,540 
Dividend Income   1,354 
Interest Income   409 
ETF Transaction Fees   350 
Total Income (Loss)  $2,416,563 
      
Expenses     
General Partner Management Fees  $42,218 
SEC & FINRA Registration Expense   10,113 
Tax Reporting Fees   9,827 
Audit Fees   7,192 
NYMEX License Fee   1,056 
Non-interested Directors' Fees and Expenses   905 
Prepaid Insurance Expense   722 
Brokerage Commissions   467 
Total Expenses  $72,500 
Net Income (Loss)  $2,344,063 

   

Statement of Changes in Net Asset Value    
     
Net Asset Value Beginning of Month 8/1/13  $81,485,657 
Net Income (Loss)   2,344,063 
      
Net Asset Value End of Month  $83,829,720 
Net Asset Value Per Unit (1,900,000 Units)  $44.12 

 

 

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 August 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