“SHORT FORM” RISK DISCLOSURE STATEMENT
T
HE RISK OF LOSS IN TRADING COMMODITIES CAN BE SUBSTANTIAL. YOU SHOULD THEREFORE
CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION.
THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN COMMODITY TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS.
IN SOME CASES, MANAGED COMMODITY ACCOUNTS ARE SUBJECT TO SUBSTANTIAL CHARGES FOR MANAGEMENT AND ADVISORY FEES. IT MAY BE NECESSARY FOR THOSE ACCOUNTS THAT ARE SUBJECT TO THESE CHARGES TO MAKE SUBSTANTIAL TRADING PROFITS TO AVOID DEPLETION OR EXHAUSTION OF THEIR ASSETS. THE DISCLOSURE DOCUMENT CONTAINS A COMPLETE DESCRIPTION OF THE PRINCIPAL RISK FACTORS AND EACH FEE TO BE CHARGED TO YOUR ACCOUNT BY THE COMMODITY TRADING ADVISOR (“CTA”).
THE REGULATIONS OF THE COMMODITY FUTURES TRADING COMMISSION (“CFTC”) REQUIRE THAT PROSPECTIVE CLIENTS OF A CTA RECEIVE A DISCLOSURE DOCUMENT WHEN THEY ARE SOLICITED TO ENTER INTO AN AGREEMENT WHEREBY THE CTA WILL DIRECT OR GUIDE THE CLIENT’S COMMODITY INTEREST TRADING AND THAT CERTAIN RISK FACTORS BE HIGHLIGHTED. THIS DOCUMENT IS AVAILABLE UPON REQUEST. THIS BRIEF STATEMENT CANNOT DISCLOSE ALL OF THE RISKS AND OTHER SIGNIFICANT ASPECTS OF THE COMMODITY MARKETS. THEREFORE, YOU SHOULD STUDY THE DISCLOSURE DOCUMENT CAREFULLY TO DETERMINE WHETHER SUCH TRADING IS APPROPRIATE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. THE CFTC HAS NOT PASSED UPON THE MERITS OF PARTICIPATING IN THIS TRADING PROGRAM NOR ON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE DOCUMENT.
OTHER DISCLOSURE STATEMENTS ARE REQUIRED TO BE PROVIDED TO YOU BEFORE A COMMODITY ACCOUNT MAY BE OPENED FOR YOU.

Matsen Enterprises LLC

Registered Commodity Trading Advisor

Owner:

Eric R. Matsen

Email:

ematsen@matsenenterprises.com

Phone:

502-551-8615 (24/7)

Address:

1506 Kamer Drive,

Lagrange, KY  40031

Historical Performance (Largest Pool)

The following table presents the performance results of the largest account currently managed by the Advisor, which is a commodity pool. The Advisor believes that the past performance information presented herein may be of interest to you, but encourages you to look at such information more as a statement of the Advisor’s trading objectives than as any reliable indication that such objectives will, in fact, be achieved.

Year

Compounded

Rate of Return

Assets
Under Management

2018 (November)

43.59%

$5,461,406

2017

6.75%

$3,846,862

2016

10.52%

$3,652,062

2015

11.92%

$981,254

2014

-10.26%

$1,143,135

2013

-2.19%

$1,396,509

2012

32.04

$1,101,127

9/2011

-2.30%

$ 983,925

Past performance is not necessarily indicative of future performance. There is always a substantial risk of loss.

Objective and Methodology

  • Non-Correlation Alternative to Equity, Fixed Income, and Commodity Market Indexes.
  • Trades Primarily Option Volatility Skew Differentials in Physical Commodity Markets.
  • Attempts to Spread Risk Without Assuming Large Directional Biases.
  • Owns Seats on the Chicago Board of Trade to Enable Reduced Transactions Costs.

Notable Experience

2003-Present                     Physical Commodity Derivative Risk Management Consultant
                                                    Performed Advanced Options seminars for NYBOT and Cotton Inc.
                                                    Clients run the spectrum from Producers to End Users

Late 90’s                              Sr. VP Dunavant Options Inc.,
                                                   One of the World’s Foremost Cotton Merchants

Early 90’s                             Sr. Options Strategist, VP, Merrill Lynch Futures Research

Late 80’s- Early 90’s        Registered Broker-Dealer, NYSE Options Floor Trader

Mid-Late 80’s                     Stock Index Futures Strategist, Shearson Lehman Brothers