Pinnacle Natural Resources,

L.P.

Fund Investment Objectives

Pinnacle Natural Resources, L.P. is a multi-manager fund that pursues active, fundamental, discretionary investment trading strategies in the global commodity markets. The Fund currently has its largest exposure to the energy, metals and agricultural commodities sectors; specifically natural gas, crude oil/refined products, electricity, corn, soybeans, wheat, copper and aluminum. Other strategy exposures include allocations to the soft/fiber commodities (coffee, cocoa, sugar, cotton) complex and the livestock (hogs, cattle) complex.