Ruffer Investment Share Discussion Threads

[pip_uk] 08/4/2011 14:41

Thanks Babylon.
A nice quiet board makes a change...

[babylon3] 08/4/2011 14:39

Welcome aboard....

[pip_uk] 08/4/2011 14:32

Have just been reading an article in this weeks Money Week on the benefits of investing in the "Ruffer Investment Company". It is most likely we shall see inflation in the future regardless of the lies told by politicians.
This would seem to be a good vehicle for protection against future inflation.
They escaped unscathed from the Japanese disaster.
The only slight draw back for me is the fact it is trading at a premium, but it has done so since conception.
Good enough for me so I bought a stake today.
Cheers.

[babylon3] 28/3/2011 15:18

Only what is showing in here



They hold 3.5% in the ruffer Japanese Fund which is as follows:

[alun rm] 23/3/2011 14:37

Hi babylon

Good to know I am not alone!
I plan to build up a position here, with a long term view. Should I come across information of interest, I will post it. I guess for now the big issue revolves around the 23% of the fund made up of Japanese equities. I suspect that Japan will bounce back quickly, with serious rebuilding to be done. I understand Ruffer has bought Nippon Telephone and Resona Bank. Do you know what other Japanese equities are in the fund?

Alun

[babylon3] 23/3/2011 14:03

Welcome aboard...

[alun rm] 23/3/2011 13:47

I have just bought into RICA. They are exposed to Japan, hence the recent fall back, but I rather suspect that this is a good opportunity to get into the fund at the £2 mark.

It is clearly a long term investment, the premium to NAV is a clear sign that the market likes what Ruffer and his team are doing.

I think Mr Ruffer is spot on about the big picture of inflation as a solution to debt. Positioning for this mega trend is going to be important in the coming decade.

Alun

[mangal] 17/12/2010 16:39

edit: deleted ..wrong thread

[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.