Fund Aims
The investment objective of LF Ruffer Equity & General Fund is to provide capital growth by investing in a diversified global portfolio of predominantly equities. The Sub-fund may also invest in collective investment schemes, cash and money market instruments. There will be no particular emphasis on any geographical area or any industrial or economic sector.
Fund Manager
Alex Grispos manager for:
18 years 6 months
Graduated from Imperial College with a First Class degree in Mechanical Engineering. He started in equity research in 1998 at Alpha Trust in Greece and then worked in venture capital for 6 years. He then joined Top Technology Ventures in the UK, and subsequently as Investment Manager with RTF based in London and St. Petersburg, Russia. He joined Ruffer in 2005 and manages the CF Ruffer Equity and General Fund.
Fund Overview
Price
Bid
502.37p
Offer
502.37p
(16/11/2022)
Annual Management Charge
1.50%
Data accurate at: 30/09/2023
Performance figures show total return with no initial charge and net income reinvested, except for Offshore funds which show gross income reinvested.
Cumulative performance figures are calculated from the previous working day.
Discrete performance figures are calculated from the previous month end.
This fund management group does not provide FundsLibrary with full portfolio data; if you would like further information please see the fund manager factsheet (above)
Distribution Details
Income Frequency
Biannually
Distribution Payment Basis
Net
Charges
Discounted initial charge
0.500%
Net discounted AMC
1.000%
Annual Management Charge
1.50%
Distribution Dates
| Ex dividend date(s) |
Income payment date(s) |
| 15th September |
15th November |
| 15th March |
15th May |
Ratings
Aims & Benchmark
IA sector
Flexible Investment
Aims
The investment objective of LF Ruffer Equity & General Fund is to provide capital growth by investing in a diversified global portfolio of predominantly equities. The Sub-fund may also invest in collective investment schemes, cash and money market instruments. There will be no particular emphasis on any geographical area or any industrial or economic sector.
Fund Administration
Fund Trustee/Depository
Bank of New York Mellon Trust & Depositary Co. Ltd
Fund Administrator
Link Fund Solutions Limited
Fund Registrar
Link Fund Solutions Limited
Fund Custodian
Bank of New York Mellon Trust & Depositary Co. Ltd
Fund Background
Valuation point
Weekly 10:00
Fund currency
Pound Sterling
Fund domicile
United Kingdom
Group Details
Group address
17 Rochester Row
Westminster
London
SW1P 1QT
Group telephone
0845 922 0044
Dealing telephone
0845 601 9610
Dealing
Settlement period: buy
4 days
Settlement period: sell
4 days
Data accurate at: 30/09/2023
Risk Factors
Concentrated Portfolio
No
Investments Long Term
Yes
| Fund Specific Risks |
-
Emerging Markets - The fund invests in emerging markets. Generally less well regulated than the UK. There
is an increased chance of political and economic instability with less reliable custody, dealing and settlement
arrangements. The market(s) can be less liquid. If a fund investing in markets is affected by currency exchange rates,
the investment could either increase or decrease. These investments therefore carry more risk.
-
Smaller Companies - The fund invests in smaller companies. Smaller companies shares can be more volatile
and less liquid than larger company shares, so smaller companies funds can carry more risk.
-
Value Of Investments - The value of investments, and any income can fall, as well as rise, so you could get
back less than you invested. Neither capital nor income is guaranteed.
-
Investments Long Term - Investments should be regarded as long term and are not suitable for money which may
be needed in the short term, you should always have a sufficient cash reserve.
-
Exchange Rate - This fund invests in securities outside the UK. The value of investments and any income from
them may therefore decrease or increase as a result of changes in exchange rates between currencies.
-
Derivative Exposure - The fund invests in derivatives as part of its investment strategy, over and above their
use for Efficient Portfolio Management (EPM). Investors should be aware that the use of these instruments can, under
certain circumstances, increase the volatility and risk profile of the Fund beyond that expected of a fund that only
invests in equities. The fund may also be exposed to the risk that the company issuing the derivative may not honour their
obligations which in turn could lead to losses arising.
|
