United States Gasoline Fund, LP - FORM 8-K - EX-99.1 - 2012-0430 UGA FINANCIAL STATEMENT - May 30, 2012

Attached files

file filename
8-K - 2012-0430 UGA FORM 8K - United States Gasoline Fund, LPuga8k_2012-0430.htm
     
Exhibit 99.1
  
United States Gasoline Fund, LP
      
Monthly Account Statement
      
For the Month Ended April 30, 2012
      
         
         
Statement of Income (Loss)
      
         
Income
        
Realized Trading Gain (Loss) on Futures
   $ (4,079,464 )
Unrealized Gain (Loss) on Market Value of Futures
     (484,420 )
Dividend Income
     1,742  
Interest Income
     1,130  
ETF Transaction Fees
     1,750  
 
Total Income (Loss)
 $ (4,559,262 )
           
Expenses
          
General Partner Management Fees
   $ 70,774  
Brokerage Commissions
     7,885  
NYMEX License Fee
     1,770  
Non-interested Directors' Fees and Expenses
     1,271  
Prepaid Insurance Expense
     835  
SEC & FINRA Registration Expense
     750  
Other Expenses
     19,585  
 
Total Expenses
     102,870  
Expense Waiver
     (2,024 )
 
Net Expenses
   $ 100,846  
 
   Net Income (Loss)
 $ (4,660,108 )
           
           
Statement of Changes in Net Asset Value
        
           
           
Net Asset Value Beginning of Month 4/1/12
   $ 164,993,953  
Redemptions (650,000 Units)
     (36,747,207 )
Net Income (Loss)
     (4,660,108 )
           
 
Net Asset Value End of Month
 $ 123,586,638  
 
Net Asset Value Per Unit (2,250,000 Units)
 $ 54.93  
           
           
           
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 April 30, 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
        
           

United States Gasoline Fund, LP Reports