Managed Programs 
Kottke-Willis Enhanced
The Kottke-Willis Enhanced Program is a technically based futures trading program.  The program utilizes proprietary trading models which incorporate volume, market velocity, and advanced pattern recognition elements to establish positions in areas of retracement within a trend.  The program places a heavy emphasis on risk control.  Exposure to adverse price action is reduced by limiting trade duration to predictable time frames (generally 2-7 days).  Options are used to minimize risk when they offer superior risk/reward scenarios to the underlying futures markets.  The program is diversified across 8 sectors (Grains, Softs, Meats, Energies, Currencies, Fixed income, and Stock Indexes).  The Kottke-Willis Enhanced Managed Program provides proven returns with low correlation to other technical trading programs.
Start to date: 77.4% Sharpe Ratio: 1.21 Trailing 12 Months: 2.5%
Disclaimer: There is risk of loss in futures and options trading.  Past performance is not necessarily indicative of future results.  Barclay Systematic Index VAMI (Value Added Index) is a CTA Trend following benchmark provided by Managed Account Reports LLC.
Performance Record Monthly Return Statistics
       
Month Willis S&P  Barclay Willis S&P 500 Barclay
Ending Returns 500 Index** Winning Months: 43 38 32
    Losing Months: 19 24 30
7/31/10 -0.37% 6.88% 0.18% % of profitable Months: 69.4% 61.3% 51.6%
6/30/10 0.65% -5.39% -0.05% Average Winning Months: 1.9% 2.8% 2.0%
5/31/10 0.83% -8.20% -0.78% Average Losing Months: -1.2% -4.6% -1.1%
4/30/10 0.54% 1.48% 0.42% Max peak-to-valley (%): -6.1% -52.6% -5.9%
3/31/10 -0.22% 5.88% 1.56% Max peak-to-valley (mths): 18 33 19
2/28/10 0.56% 2.85% -0.09% Annual Sharpe Ratio: 1.21 -0.20 0.43
1/31/10 0.61% -3.70% -2.63% Monthly Std.Dev. of returns: 2.1% 4.8% 1.9%
12/31/09 -1.18% 1.78% -2.26% Correlation with S&P 500: -0.072 1.000 -0.119
11/30/09 1.62% 5.74% 2.73% Correlation with Barclay: 0.318 -0.119 1.000
10/31/09 -0.11% -1.98% -1.49% Minimum Investment: $200,000 USD
9/30/09 -0.97% 3.57% 0.89%
8/31/09 0.59% 3.36% 0.74%
7/31/09 0.10% 0.07% -0.41%
6/30/09 -0.46% 0.02% -1.39%
5/31/09 1.16% 5.31% 2.11%  Contact: Carmen Soldato
4/30/09 -1.37% 9.39% -1.39%  Kottke  Associates, LLC
3/31/09 -1.94% 8.54% -2.03%  141 W. Jackson Blvd., Suite 1220
2/28/09 0.12% -10.99% -0.23%  Chicago, Illinois 60604
1/31/09 0.84% -8.57% -0.50%  csoldato@kottkeassociates.com
System Began Trading: Jun-2005 www.kottkeassociates.com  (312) 697-2995
** The Barclay Systematic Index performance for July 2010 is an estimate as of 08/18/10; with only 85.22% 
of funds in this category having reported their returns.
CME, CBOT & NYMEX  Member Firm. FCM/ CTA/ CPO NFA Member. © 2002 - 2010 Kottke Associates, LLC