Range Wise,

Inc.

Fund Investment Objectives

RANGE WISE trades the meat, grain and world commodity markets and relies primarily on fundamental analysis when determining its trade selections. In developing its market opinion, the CTA will continuously analyze long-term price trends and the impact of seasonal and cyclical price movements upon the underlying market. Its goal is to detect an impending price trend in advance of its actual occurence. To accomplish this, the CTA will engage in a continuous econometric analysis of the commodities traded, using multiple regression and other mathematical models to evaluate the supply-demand matrix affecting the price of the underlying cash commodity.