EXHIBIT 31.02

                    Rule 13a-14(a)/15d-14(a) Certification

I, Barbara Rittenhouse, Comptroller and Principal Financial Officer of Steben
& Company, Inc., the General Partner of Futures Portfolio Fund Limited
Partnership, certify that:

     1.   I have reviewed this Quarterly Report on Form 10-Q of Futures
          Portfolio Fund Limited Partnership;

     2.   Based on my knowledge, this report does not contain any untrue
          statement of a material fact or omit to state a material fact
          necessary to make the statements made, in light of the circumstances
          under which such statements were made, not misleading with respect
          to the period covered by this quarterly report;

     3.   Based on my knowledge, the financial statements, and other financial
          information included in this report, fairly present in all material
          respects the financial condition, results of operations and cash
          flows of the registrant as of, and for, the periods presented in
          this report;

     4.   The registrant's other certifying officer(s) and I are responsible
          for establishing and maintaining disclosure controls and procedures
          (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the
          registrant and have:

               (a)  Designed such disclosure controls and procedures, or
                    caused such disclosure controls and procedures to be
                    designed under our supervision, to ensure that material
                    information relating to the registrant, including its
                    consolidated subsidiaries, is made known to us by others
                    within those entities, particularly during the period in
                    which this quarterly report is being prepared;

               (b)  Evaluated the effectiveness of the registrant's disclosure
                    controls and procedures and presented in this report our
                    conclusions about the effectiveness of the disclosure
                    controls and procedures, as of the end of the period
                    covered by this report based on such evaluation; and

               (c)  Disclosed in this report any change in the registrant's
                    internal control over financial reporting that occurred
                    during the registrant's most recent fiscal quarter (the
                    registrant's fourth fiscal quarter in the case of an
                    annual report) that has materially affected, or is
                    reasonable likely to materially affect, the registrant's
                    internal control over financial reporting; and

     5.   The registrant's other certifying officer and I have disclosed,
          based on our most recent evaluation of internal control over
          financial reporting, to the registrant's auditors and the audit
          committee of the registrant's board of directors (or persons
          performing the equivalent functions):

               (a)  All significant deficiencies and material weaknesses in
                    the design or operation of internal control over financial
                    reporting which are reasonably likely to adversely affect
                    the registrant's ability to record, process, summarize and
                    report financial information; and

               (b)  Any fraud, whether or not material, that involves
                    management or other employees who have a significant role
                    in the registrant's internal control over financial
                    reporting.





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FUTURES PORTFOLIO FUND
LIMITED PARTNERSHIP


By:      Steben & Company, Inc.
         General Partner

By:      /s/ Barbara Rittenhouse
         ------------------------
         Barbara Rittenhouse
         Comptroller (Principal Financial Officer) of
         The General Partner
         November 21, 2005



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