Ruffer Investment Share Discussion Threads

[bpdon] 10/3/2022 08:30

Monthly Investment Report February 2022:

[apollocreed1] 08/3/2022 18:14

Despite Ruffer's claims of being positioned to benefit from rising inflation, they seem to have totally missed the commodity boom of the last few weeks.

[jonwig] 04/3/2022 09:07

It's RICA, yes;



A private company (the investment managers) can't be in an index, nor can a unit trust (or "open-ended fund").

[stevieweebie2] 04/3/2022 08:53

I see Ruffer is entering the 250, would this include this fund and would it imply any upside?
asking those who know far more about it than me. TIA.

[spoole5] 01/3/2022 11:56

Being overweight energy and banks can't be helping at the moment

[pvb] 24/2/2022 22:38

...I don't notice CGT being "up" today.

In fact, PNL was up today! :-)

[apollocreed1] 24/2/2022 22:19

Does anyone know why PNL and RICA were down today, while CGT was up? I think they have similar downside protection of bonds and a little gold. RICA also has options to insure against crashes. So how come CGT did better?

[beltd] 24/2/2022 14:40

More like a buying opportunity

[bpdon] 24/2/2022 12:10

Disappointing to see the beta today in an environment that Ruffer are well prepared for. Probably/hopefully just the premium cooling off.

[apollocreed1] 12/2/2022 22:31

These guys have the additional string to their bow that PNL and CGT don't have. Their options/swaptions cover the current problem in the market where inflation linked bonds and regular bonds are falling in tandem because currently the market believes that central banks will get inflation under control.

[steve c1] 11/2/2022 17:02

Doing well at the moment. Think the inflation protection is paying dividends at the moment. Held for a long time now and very happy to keep doing so.

[jonwig] 08/2/2022 20:36

Greyb - these are tyhe ordinary shares - it's just a name.

[greybroath] 08/2/2022 20:18

Can someone point me to their capital structure? I note preference shares are the ones I can find for sale…

How is their common stock placed?

[beltd] 07/2/2022 19:23

One to hold management accountable for......an increase in the size of the Company, thereby spreading operating costs, other than management fees which are charged by reference to the Net Asset Value, over a larger capital base which should reduce the ongoing charges ratio

[spoole5] 06/2/2022 11:13

Ruffer diversified return fund now available on HL, almost identical pf to RICA but without the premium.

[opaldouglas] 01/2/2022 07:15

Ruffer themselves admit they are like a tractor driving through treacle in a bull market, slow and steady. What's brilliant is the downside protection and low volatility, look at the drawdowns!

[jonwig] 31/1/2022 15:02

pvb - quite so. This isn't a trader's share. Commenting on short term movements here is just daft.

They explain in great detail what their strategy is. If you disagree with that, or their execution of it, you can just sell.

[pvb] 31/1/2022 14:15

spoole5 26 Jan '22 - 15:52 - 438 of 441

NAV taken a battering again. Despite all their clever hedges dies this actually protect much?

I'd say Yes. But not on an hour by hour, day by day basis! (Or even weekly...)

[slicethepie] 28/1/2022 15:11

This is clearly not for you ! Try premium bonds

[andyadvfn1] 26/1/2022 16:07

Quick check, alternative protection funds CGT & PNL. Both down over same period.

[andyadvfn1] 26/1/2022 16:02

I'd say it's doing it's job. 31/1221 price 293, tday 295.

[spoole5] 26/1/2022 15:52

NAV taken a battering again. Despite all their clever hedges dies this actually protect much?

[slicethepie] 19/1/2022 19:09

This nearly always trades on a premium and 2% is at the low end!

[spoole5] 19/1/2022 15:02

Quite a high premium again