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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ruffer Investment Company Ltd | LSE:RICA | London | Ordinary Share | GB00B018CS46 | RED PTG PREF SHS 0.01P |
Bid Price | Offer Price | High Price | Low Price | Open Price | |
---|---|---|---|---|---|
272.00 | 273.50 | 273.00 | 271.50 | 273.00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Unit Inv Tr, Closed-end Mgmt | 29.65M | 10.17M | - | - | 947.21M |
Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
---|---|---|---|---|
16:48:59 | O | 250,000 | 271.9848 | GBX |
Date | Time | Source | Headline |
---|---|---|---|
13/12/2024 | 07:00 | UK RNS | Ruffer Investment Company Limited Transaction in Own Shares |
12/12/2024 | 07:03 | UK RNS | Ruffer Investment Company Limited Transaction in Own Shares |
12/12/2024 | 07:00 | UK RNS | Ruffer Investment Company Limited Monthly Investment Report - November 2024 |
11/12/2024 | 12:58 | UK RNS | Ruffer Investment Company Limited Net Asset Value(s) |
11/12/2024 | 07:00 | UK RNS | Ruffer Investment Company Limited Transaction in Own Shares |
10/12/2024 | 14:29 | UK RNS | Ruffer Investment Company Limited Chair Succession and Board Changes |
10/12/2024 | 14:27 | UK RNS | Ruffer Investment Company Limited Result of AGM |
09/12/2024 | 07:00 | UK RNS | Ruffer Investment Company Limited Transaction in Own Shares |
06/12/2024 | 07:00 | UK RNS | Ruffer Investment Company Limited Transaction in Own Shares |
05/12/2024 | 07:07 | UK RNS | Ruffer Investment Company Limited Transaction in Own Shares |
Ruffer Investment (RICA) Share Charts1 Year Ruffer Investment Chart |
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1 Month Ruffer Investment Chart |
Intraday Ruffer Investment Chart |
Date | Time | Title | Posts |
---|---|---|---|
05/12/2024 | 17:03 | Ruffer Investment Company - one step ahead? | 700 |
Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
---|---|---|---|---|
2024-12-13 18:49:00 | 271.98 | 250,000 | 679,962.00 | O |
2024-12-13 16:35:14 | 272.50 | 16,568 | 45,147.80 | UT |
2024-12-13 16:29:30 | 272.00 | 1,777 | 4,833.44 | AT |
2024-12-13 16:29:30 | 272.00 | 2,048 | 5,570.56 | AT |
2024-12-13 16:27:50 | 272.54 | 290 | 790.37 | O |
Top Posts |
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Posted at 13/12/2024 08:20 by Ruffer Investment Daily Update Ruffer Investment Company Ltd is listed in the Unit Inv Tr, Closed-end Mgmt sector of the London Stock Exchange with ticker RICA. The last closing price for Ruffer Investment was 272p.Ruffer Investment currently has 348,237,764 shares in issue. The market capitalisation of Ruffer Investment is -. This morning RICA shares opened at 273p |
Posted at 01/8/2024 07:20 by bpdon Chief Investment Officer, Henry Maxey, buying another £5M of RICA. I think that will take his total holdings of RICA above Capital Gearings holdings:Always good to see plenty skin in the game. |
Posted at 06/5/2024 07:35 by jellypbean I am planning to buy RICA one week before the next crash |
Posted at 23/4/2024 12:09 by jellypbean It was always going to be very difficult for funds such as these to hold up during the period of rapidly increasing rates.When making comparisons, they should equally be compared to the kind of long duration bonds that are the stalwart of capital preservation, and which soon to be pensioners get lifestyled into (they have done much better than these). CGT got hit, RICA initially had hedges, but then these got too expensive, so they got hit, PNL had more gold so fared better. Global markets have only really gone up on the back of a few shares, and if RICA had piled into TSLA and Nvidia it's shareholders would have gone nuts. |
Posted at 25/10/2023 12:01 by bpdon Although RICA have always warned that sticky inflation was their biggest concern, they have also been clear that the challenge will likely be trading the inflation volatility.It seems reasonable to assume that efforts to tame inflation will eventually lead to a situation (disinflation / deflation) where CBs and governments want to take action that just reignites inflation. With > 40% invested in short term nominal bonds and cash, I don't see Ruffer as a one way bet on inflation. Anyways. Yes, RICA performance has been, and continues to be, poor. The swing from a circa 8% premium to 4% discount over the last 18 months has amplified this under performance. |
Posted at 22/8/2023 16:17 by jellypbean I would have thought they should do better than CGT and PNL, as RICA can use shorts etc. to benefit from falling prices. CGT won't do that, and it's hard to avoid price drops in defensives when rates are rising, without going v.short duration.Seems RICA dropped their protection from rising rates too soon? Also there's the premium/discount thing. |
Posted at 10/8/2023 12:38 by lowtrawler I know from experience that the price falls are far trickier to time than price increases. There is a general reluctance to accept losses or lower gains and so people hold onto assets even when market conditions say they should not. Market conditions have been flagging assets as over-priced for the past few years and yet there are record cash-inflows buying up those assets.IMV, the general market is massively over-priced and ready to pop but I have no idea if it will happen next week, next year or take longer. When it does pop, I can easily see a 70% correction. This is why holding a balanced portfolio including asset protection funds is important. |
Posted at 02/6/2023 11:41 by lowtrawler spoole5, over time, the trusts do preserve value but their key role is in being less volatile than other assets. Historically, they rarely lose more than 10% of NAV even when under stress.A valid argument against RICA would be that PNL / CGT do the same job but cheaper. However, RICA do adopt a different approach to PNL / CGT as was shown on the 2020 Covid drop. Also RICA are performing better than CGT over the last year. If wealth preservation strategies are a useful part of your portfolio, mixing RICA with CGT / PNL makes sense. Not everyone needs wealth preservation within their portfolio. For those who do, RICA provides an interesting option to CGT / PNL. As I have said before, if markets do crash, I expect RICA will outperform both CGT and PNL. Only time will tell. |
Posted at 23/5/2023 09:41 by lowtrawler The latest published NAV is over 290p and, at a historic premium of 3%, the share price would normally be sitting around 300p. Pretty flat over the past couple of years. They are clearly suffering in the absence of a market crash. Defensive trusts have not been a good sector over the past 2 years and RICA is no exception. Given the rare discount to NAV, we may see some share buybacks. |
Posted at 03/5/2023 14:50 by lowtrawler apollocreed1, although RICA is a defensive play, they take positions that are heavily dependent on them reading the market correctly. It is different from PNL and CGT who are more balanced. I hold all three and RICA is a clear maverick. At the moment, I am overweight defensive stocks because I believe a crash is close. If a crash happens, I expect RICA will outperform both CGT and PNL.As for the deflation theory. It is not a view I share. I believe Western fiat currency is overvalued and will naturally devalue, generating inflation. |
Posted at 02/5/2023 14:02 by lowtrawler spoole5, you have clearly decided RICA is not right for your portfolio and that's fine. RICA is a defensive play and will only really perform when markets fall. This is particularly true given they are currently setup in anticipation a market fall is close.The problem with holding bonds as a defensive play is they have recently been moving in parallel with equities. RICA provides derivative based defences and is more likely to provide price appreciation if equity markets fall. As part of a balanced portfolio, it has a role to play but is not for everyone. I suggest you look at the defensive sector: CGT, PNL, and RICA. They are all performing poorly in the absence of the anticipated market fall. If the fall fails to materialise, they will continue to perform poorly. |
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