Rogers Raw Materials Fund,

L.P.

Fund Investment Objectives

The ROGERS RAW MATERIAL FUND, L.P. is designed to track the hypothetical performance of the Rogers International Commodity Index . The RICI is a long only, unleveraged investment in 37 exchange traded commodity futures contracts. The RICI assumes a 90-Day T-Bill component. However, no fees are deducted from the RICI as they are in the fund. The RICI was created by Jim Rogers and is weighted based on world consumption patterns for raw materials.