United States Gasoline Fund, LP - FORM 8-K - EX-99.1 - 2011-0831 UGA FINANCIAL STATEMENT - September 28, 2011

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8-K - 2011-0831 UGA FORM 8-K - United States Gasoline Fund, LPuga8k_2011-0831.htm
     
Exhibit 99.1
  
United States Gasoline Fund, LP
      
Monthly Account Statement
      
For the Month Ended August 31, 2011
      
         
         
Statement of Income (Loss)
      
         
Income
        
Realized Trading Gain (Loss)
   $ (8,136,353 )
Unrealized Gain (Loss) on Market Value of Futures
     6,138,804  
Dividend Income
     661  
Interest Income
     914  
ETF Transaction Fees
     700  
 
Total Income (Loss)
   $ (1,995,274 )
           
Expenses
          
Investment Advisory Fee
   $ 57,858  
Brokerage Commissions
     6,356  
NYMEX License Fee
     2,516  
Non-interested Directors' Fees and Expenses
     929  
SEC & FINRA Registration Expense
     775  
Prepaid Insurance Expense
     435  
Other Expenses
     14,477  
 
Total Expenses
     83,346  
Expense Waiver
     (230 )
 
Net Expenses
   $ 83,116  
 
     Net Gain (Loss)
   $ (2,078,390 )
           
           
Statement of Changes in Net Asset Value
        
           
           
Net Asset Value Beginning of Period 8/1/11
   $ 125,819,050  
Withdrawals (200,000 Units)
     (10,186,563 )
Net Gain (Loss)
     (2,078,390 )
           
 
Net Asset Value End of Period
 $ 113,554,097  
 
Net Asset Value Per Unit (2,200,000 Units)
 $ 51.62  
           
           
           
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 August 31, 2011 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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