CF Ruffer Absolute Return O Acc
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 207.20||Day Change||GBX -1.01 (-0.49%)|
|Price Date||30 Nov 2016||Crown Rating|
|Shares Class||Inc.||Yield||1.22 %|
|Total Expense Ratio||1.53||Fund Size||3,635,017,820.39|
|Launch Date||31/01/2006||Standard Initial Charge (%)||7.50|
|Annual Management Charge (%)||1.50||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000,000.00||Total Expense Ratio (%)||1.53|
|ISIN||GB00B0XP1H53||Min TopUp (£)||0.00|
The fund aims to achieve low volatility and positive returns in all market conditions from an actively managed portfolio of equities or equity related securities (including convertibles), corporate and government bonds and currencies. Capital invested is at risk and there is no guarantee that a positive return will be delivered over any one or a number of twelve-month periods. The fund may also invest in collective investment schemes, cash, money market instruments and derivatives and forward transactions. Pervading this objective is a fundamental philosophy of capital preservation. In selecting investments the fund will adopt a stock picking approach and will not adopt any investment weightings by reference to any benchmark.
David Balance was Previously International Equities Head at Rothschild Private Management, he graduated from Oxford and was a Senior Investment Manager at Allied Dunbar, before moving to Threadneedle as Head of European Equities. He joined Ruffer in 2006.