Quick Stats

Bid Price - Offer Price -
Mid Price GBX 323.04 Day Change GBX +5.85 (1.84%)
Price Date 10 Jan 2018 Crown Rating 2
Shares Class Inc. Yield 1.50 %
Total Expense Ratio 1.04 Fund Size 3,160,140,942.53
Launch Date 27/09/2000 Standard Initial Charge (%) 5.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 1.00 Sector IMA UK Equity Income
Min Investment (£) 30,000,000.00 Total Expense Ratio (%) 1.04
ISIN GB00B03JB118 Min TopUp (£) 0.00

Fund Objective

The fund aims to achieve low volatility, positive returns from an actively managed portfolio of different asset classes, including equities, 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, other transferable securities and derivatives and forward transactions. Pervading this objective is a fundamental philosophy of capital preservation.

Fund Managers

David Ballance
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.
Steve Russell
Graduated from Oxford in PPE and started work as an equity analyst at Confederation Life in 1987, progressing to Head of Equities. In 1999 he moved to HSBC Investment Bank as Head of UK and European Equity Strategy, before joining Ruffer in 2003. He is also co-manager of the Ruffer Investment Company.