Profutures Bull & Bear Fund L P Sample Contracts

Exhibit 10.03 INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • September 10th, 1998 • Profutures Bull & Bear Fund L P • New York
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SIDLEY & AUSTIN A PARTNERSHIP INCLUDING PROFESSIONAL CORPORATIONS
Limited Partnership Agreement • September 10th, 1998 • Profutures Bull & Bear Fund L P
FORM OF AMENDED AND RESTATED SELLING AGREEMENT
Selling Agreement • December 23rd, 1998 • Profutures Long/Short Growth Fund Lp • Commodity contracts brokers & dealers • New York
EXHIBIT 23.01
Consent • September 10th, 1998 • Profutures Bull & Bear Fund L P

Sidley & Austin hereby consents to all references made to it in the Registration Statement on Form S-1 of ProFutures Bull & Bear Fund, L.P. as filed with the Securities and Exchange Commission on or about September 10, 1998.

Very truly yours, SIDLEY & AUSTIN
Registration Statement • September 10th, 1998 • Profutures Bull & Bear Fund L P

We have acted as your counsel in connection with the preparation and filing with the Securities and Exchange Commission (the "SEC") under the Securities Act of 1933, as amended, of the Registration Statement on Form S-1 to be filed with the SEC on or about September 8, 1998, (the "Registration Statement"), relating to Units of Limited Partnership Interest ("Units") of ProFutures Bull & Bear Fund, L.P. (the "Fund"), a limited partnership organized under the Delaware Revised Uniform Limited Partnership Act.

FORM OF ADDITIONAL SELLING AGENTS AGREEMENT -----------------------------------
Additional Selling Agents Agreement • September 10th, 1998 • Profutures Bull & Bear Fund L P • New York
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