Attached files
| file | filename |
|---|---|
| 8-K - 2010-0930 USBO FORM 8K - United States Brent Oil Fund, LP | usbo8k_2010-0930.htm |
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Exhibit 99.1
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United States Brent Oil Fund, LP
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Monthly Account Statement
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For the Month Ended September 30, 2010
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Statement of Income (Loss)
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Income
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Realized Trading Gain (Loss)
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$ | (502,100 | ) | ||
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Unrealized Gain (Loss) on Market Value of Futures
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1,497,590 | ||||
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Dividend Income
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467 | ||||
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Interest Income
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29 | ||||
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Total Income (Loss)
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$ | 995,986 | |||
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Expenses
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Investment Advisory Fee
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$ | 6,475 | |||
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Brokerage Commissions
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864 | ||||
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Non-interested Directors' Fees and Expenses
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59 | ||||
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Other Expenses
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16,950 | ||||
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Total Expenses
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24,348 | ||||
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Expense Waiver
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(15,663 | ) | |||
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Net Expenses
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$ | 8,685 | |||
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Net Gain (Loss)
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$ | 987,301 | |||
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Statement of Changes in Net Asset Value
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Net Asset Value Beginning of Period 9/1/10
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$ | 10,071,202 | |||
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Net Gain (Loss)
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987,301 | ||||
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Net Asset Value End of Period
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$ | 11,058,503 | |||
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Net Asset Value Per Unit (200,000 Units)
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$ | 55.29 | |||
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To the Limited Partners of United States Brent Oil Fund, LP:
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Pursuant to Rule 4.22(h) under the Commodity Exchange Act, the undersigned represents that,
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to the best of his knowledge and belief, the information contained in the Account Statement for
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the month ended September 30, 2010 is accurate and complete.
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| /s/ Howard Mah | |||||
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Howard Mah
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Chief Financial Officer
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United States Commodity Funds LLC, General Partner of United States Brent Oil Fund, LP
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United States Commodity Funds LLC
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1320 Harbor Bay Parkway
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Suite 145
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Alameda, CA 94502
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