EX-99.1 2 v410979_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

 

United States Brent Oil Fund, LP  
Monthly Account Statement  
For the Month Ended April 30, 2015  

 

Statement of Income (Loss)  

 

Income    
Realized Trading Gain (Loss) on Futures  $(1,984,818)
Unrealized Gain (Loss) on Market Value of Futures   22,511,188 
Dividend Income   318 
Interest Income   4,540 
ETF Transaction Fees   700 
Total Income (Loss)  $20,531,928 
      
Expenses     
General Partner Management Fees  $72,879 
Brokerage Commissions   13,596 
Professional Fees   13,403 
Non-interested Directors' Fees and Expenses   714 
Prepaid Insurance Expense   264 
Total Expenses   100,856 
Expense Waiver   (14,148)
Net Expenses  $86,708 
Net Income (Loss)  $20,445,220 

 

Statement of Changes in Net Asset Value     
      
Net Asset Value Beginning of Month 4/1/15  $108,518,323 
Additions (50,000 Shares)   1,153,419 
Net Income (Loss)   20,445,220 
      
Net Asset Value End of Month  $130,116,962 
Net Asset Value Per Share (5,350,000 Shares)  $24.32 

 

 

To the Limited Partners of United States Brent Oil 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, 2015 is accurate and complete.

 

 

/s/ Stuart P. Crumbaugh

Stuart P. Crumbaugh

Chief Financial Officer

United States Commodity Funds LLC, General Partner of United States Brent Oil Fund, LP

 

United States Commodity Funds LLC

1999 Harrison Street, Suite 1530

Oakland, CA 94612