BNO ETC Profile

Family:	United States Commodity Funds
Name:	United States Brent Oil Fund LP

Inception Date:	2-Jun-2010
Termination Date:
Investment Objective:	The investment objective of BNO is for the daily changes in percentage terms of its units net asset value 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 that is the near month contract to expire except when the near month contract is within two weeks of expiration in which case the futures contract will be the next month contract to expire (the Benchmark Futures Contract) less BNO s expenses.

Prospectus

Top 10 Holdings
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Number of Holdings:
Shares Outstanding:	4,150,000
Total Net Assets:	133,464,000
NAV:	32.13
Net Expense Ratio:	1.00%

Asset Class:	Commodities & Metals
Developed or Emerging:	Funds Combining Developed & Emerging Exposure
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Commodity:	Energy
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Is Currency Hedged:	No
US or Ex-US:	Global