424B3 1 ps200912.txt MONTHLY REPORT - DECEMBER, 2009 Providence Select Fund, LP The net asset value of a unit as of December 31, 2009 was $532.01, down 6.7% from $570.17 per unit as of November 30, 2009. STATEMENT OF CHANGES IN NET ASSET VALUE Current Period Year to Date Net Asset Value (1,520.154)at $ 866,749.06 1,789,191.21 November 30, 2009 Addition of 21.925 units on December 1, 12,501.18 190,513.20 2009 Redemption of 0.00 units on December 31, 0.00 (643,089.99) 2009 Net Income (Loss) (58,849.30) (516,213.48) ---------------- --------------- Ending Net Asset Value (1,542.079 units $ 820,400.94 820,400.94 at December 31, 2009 ================ =============== Net Asset Value per Unit at December 31, 2009 $ 532.01 STATEMENT OF INCOME AND EXPENSE Income: Gain (loss) on trading of commodity futures: Realized gain (loss) on $ (15,423.95) (158,418.08) closed contracts Change in unrealized gain (loss) on open (19,560.74) 0.00 contracts Interest income (4.30) 1,219.95 --------------- --------------- Total: Income (34,988.99) (157,198.13) Expenses: Brokerage commissions 5,091.44 82,984.60 Operating expenses 4,130.49 90,234.57 Incentive fee 0.00 0.00 Management fee 0.00 0.00 Continuing service fee 3,191.90 48,438.42 Organizational & offering expenses 11,446.48 137,357.76 --------------- --------------- Total: Expenses 23,860.31 359,015.35 =============== =============== Net Income(Loss) - December, 2009 $ (58,849.30) (516,213.48) To the best of my knowledge and belief, the information contained herein is accurate and complete. /s/ Michael P. Pacult Michael P. Pacult, President White Oak Financial Services. Inc. General Partner Providence Select Fund. LP