Fund Information
  • Fund Details
  • Account Statements
  • Filings
  • Roll Dates
  • Schedule K-1
  • Disclosure
Daily Holdings
Performance
  • Performance
  • Premium / Discount
Literature
  • Prospectus
  • Press Releases
  • Fact Sheet
About USCF
  • Audit Committee Charter
  • Management
  • Code of Conduct
  • Governance Policy
Contact USCF Related Products

United States Brent Oil Fund

The United States Brent Oil Fund, LP ("BNO") is a domestic exchange traded security designed to track the movements of Brent crude oil. BNO issues units that may be purchased and sold on the NYSE Arca.

The investment objective of BNO is for the daily changes in percentage terms of its units' net asset value ("NAV") to reflect the daily changes in percentage terms of the spot price of Brent crude oil as measured by the changes in the price of the futures contract on Brent crude oil as traded on the ICE Futures Exchange, less BNO's expenses.

Recent Documents
TitleDate
ProspectusJanuary 1, 2012
8-KDecember 28, 2011
Monthly Account StatementNovember 30, 2011
Code of ConductNovember 22, 2011
10-QNovember 14, 2011
Fact SheetNovember 1, 2011

Fund Facts
BNO as of 01/26/2012
Ticker BNO
IIV BNO.IV
Listing Exchange NYSE Arca
CUSIP 91167Q100
ISIN US91167Q1004
NAV$77.13
NAV Change$0.68
4PM Bid/Ask Midpoint$77.28
Last Trade Price$77.27
Premium/Discount (%)0.19%
Units Outstanding600,000

Recent quarter end performance data.

For a copy of the Prospectus contact: ALPS Distributors, Inc., 1290 Broadway, Suite 1100, Denver, Colorado 80203 or call 800.920.0259 or click here .

BNO is not a mutual fund or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation thereunder.

Commodities and futures generally are volatile and are not suitable for all investors. BNO is speculative and involves a high degree of risk. An investor may lose all or substantially all of an investment in BNO. Funds that focus on a single sector generally experience greater volatility.

For further discussion of these and additional risks associated with an investment in BNO units, click here.

BNO could terminate at any time and cause the liquidation of your investment which may upset the overall maturity and timing of your investment portfolio. An unanticipated number of redemption requests during a short period of time could have an adverse effect on the NAV of BNO.

BNO may not earn trading gains sufficient to compensate for the fees and expenses that it must pay, and as such, it may not earn any profit. You should not invest in BNO if you will need cash distributions from BNO to pay taxes on your share of income and gains of BNO, if any, or for any other reason.

Investing in BNO subjects you to the risks of the crude oil industry. These risks could result in large fluctuations in the price of BNO's units. An investor could lose all or substantially all of his/her investment.

The price of units may not accurately track the spot price of brent oil and you may not be able to effectively use BNO as a way to hedge the risk of losses in your crude oil-related transactions or as a way to indirectly invest in crude oil.

Investors buy and sell units in the secondary market (i.e., not directly from BNO). Only "authorized purchasers" may trade directly with BNO, in minimum blocks of 100,000 units.

The United States Brent Oil Fund, LP is distributed by ALPS Distributors, Inc.

© Copyright 2010-2012 | United States Brent Oil Fund, LP | All rights reserved.