United States Gasoline Fund, LP - FORM 8-K - EX-99.1 - 2012-0331 UGA FINANCIAL STATEMENT - April 27, 2012

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8-K - 2012-0331 UGA FORM 8K - United States Gasoline Fund, LPuga8k_2012-0331.htm
     
Exhibit 99.1
  
United States Gasoline Fund, LP
      
Monthly Account Statement
      
For the Month Ended March 31, 2012
      
         
         
Statement of Income (Loss)
      
         
Income
        
Realized Trading Gain (Loss) on Futures
   $ 7,523,851  
Unrealized Gain (Loss) on Market Value of Futures
     (4,445,956 )
Dividend Income
     1,101  
Interest Income
     2,557  
ETF Transaction Fees
     1,750  
 
Total Income (Loss)
 $ 3,083,303  
           
Expenses
          
Investment Advisory Fee
   $ 85,647  
Brokerage Commissions
     8,485  
NYMEX License Fee
     2,141  
Non-interested Directors' Fees and Expenses
     1,421  
Prepaid Insurance Expense
     849  
SEC & FINRA Registration Expense
     775  
Other Expenses
     20,238  
 
Total Expenses
     119,556  
Expense Waiver
     (14 )
 
Net Expenses
   $ 119,542  
 
   Net Income (Loss)
 $ 2,963,761  
           
           
Statement of Changes in Net Asset Value
        
           
           
Net Asset Value Beginning of Month 3/1/12
   $ 159,603,485  
Additions (200,000 Units)
     11,105,040  
Withdrawals (150,000 Units)
     (8,678,333 )
Net Income (Loss)
     2,963,761  
           
 
Net Asset Value End of Month
 $ 164,993,953  
 
Net Asset Value Per Unit (2,900,000 Units)
 $ 56.89  
           
           
           
To the Limited Partners of United States Gasoline 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, 2012 is accurate and complete.
      
           
           
/s/ Howard Mah         
           
Howard Mah
        
Chief Financial Officer
        
United States Commodity Funds LLC, General Partner of United States Gasoline Fund, LP
  
           
United States Commodity Funds LLC
        
1320 Harbor Bay Parkway
        
Suite 145
          
Alameda, CA 94502
        
           
           

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