Ruffer Investment Share Discussion Threads

[babylon3] 17/12/2010 16:06

seems to have gone to sleep of late.

[zutalors] 11/10/2010 18:54

Have they stopped hedging the Yen ? Saw no reference to it in Sept review.

[jimbo55] 16/9/2010 18:29

That's what I thought babylon3. ;)

[babylon3] 16/9/2010 16:21

Good news for ruffer....

[babylon3] 01/9/2010 11:59

Latest investment review:

[zutalors] 31/8/2010 16:48

Yep, will not make progress till premium to NAV narrows. Then there is the little matter of resistence at 200.

[edwardt] 31/8/2010 11:17

they are hedging the Yen and this has cost them dear. They are long Japanese financials and are countering this with the index linkers position. I too like the story but the premium to nav is somewhat of a concern. One could say that it holds scarcity value given most private client brokers have this on their buy list which tends to be non price sensitive. If you believe their investment philosophy this is a rare example where i would buy thier unit trust.

[madengland] 25/8/2010 16:35

This has been an excellent IT over a tough period. Somewhere down the line of late, JR seems to have forgotten the objective of the trust

[zutalors] 17/8/2010 02:34

I for one am not. Ordinarily, a fall in Japanese equities is compensated for by a rise in the Yen. But if RICA is 91% exposed to the US$ & £ that suggests only 9% to the Yen maximum. So - unless I have missed something - they are hedging the Yen.

[kiwi2007] 15/8/2010 19:54

"...22% of the portfolio is represented by Japanese equities. More startlingly, perhaps, over 40% of our equity exposure is now held there. The moral is that we had better be right."

I'm not sure that all investors are comfortable with that. But it's one to watch to be sure...

[zutalors] 15/8/2010 16:14

Premium now down to 2.8 according to Trustnet and looking interesting.

[mangal] 21/7/2010 20:15

Chalk & cheese comes to mind.

[kiwi2007] 21/7/2010 10:48

Surely they are quite different vehicles?

[iomhere] 21/7/2010 09:38

TEM is at a discount to net assets and has a better record over 3 and 5 years.

[gargoyle2] 13/7/2010 07:39

Tipped in Edition 56 on 4 Wise Monkeys, if anyone is interested. I'm not a holder.

[madengland] 20/5/2010 08:23

A great little earner this.

[topvest] 18/5/2010 21:46

Ruffer are on a small premium, but that reflects the fact that they have a great record over the last 12m of making the rights calls. Hope that continues!

[edwardt] 18/5/2010 13:46

on a large premium - I would say that if you believe the story stick 80% of your money in a basket of global index linkers to save yourself their fee and the risk that the premium could turn to a discount. A lot of the returns will have come from non sterling positions.

[madengland] 25/9/2009 21:09

sshhh. its a good secret

[topvest] 25/9/2009 16:19

I'm surprised there is no BB discussion for this investment company - they are a pretty impressive bunch. Performance over the last couple of years has been stellar and they seem to always be one step ahead.