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LF Ruffer Absolute Return O Acc

Ranked 54 out of 57 in - Absolute Return GBP over 12 months
All calculations are in GBP unless stated

Managed by

David Ballance

David Ballance graduated from Oxford University and started his career with Allied Dunbar, where he was a senior investment manager before he left to join Threadneedle Investment Managers as head of European equities. David moved to Rothschild Asset Management in the same position, and later joined Rothschild Private Management where he was head of International equities. Since 2006, David has been an investment director at Ruffer and co-manages the CF Ruffer Total Return Fund alongside Steven Russell.

Steve Russell

Steve Russell started his career in 1987 as a research analyst at SLC Asset Management where he eventually became the head of equities. In 1999 he moved to HSBC Investment Bank where he was the head of UK and European equity strategy. Steve joined Ruffer in 2003 where he co-manages of CF Ruffer Total Return Fund alongside David Ballance. He has also been a non-executive director of JP Morgan Fleming Continental Investment Trust since 2005.

Objective

To achieve low volatility, positive returns in all market conditions from an actively managed portfolio of equities or equity related securities (including convertibles) corporate and government bonds and currencies. The Fund may also invest in collective investment schemes, cash, money market instruments and derivatives and forward transactions. Pervading this objective is a fundamental philosophy of capital preservation.

Showing fund performance in United Kingdom View performance globally

Performance

Absolute Return GBP over : 28/02/2018 - 28/02/2019

Total Return

Quarterly Performance

to 01/01/2019 Annual Q1 Q2 Q3 Q4
2018 -6.8% -2.7% 2.1% -0.5% -5.6%
2017 0.7% -0.2% -0.6% -0.9% 2.5%
2016 12.9% 0.3% 3.3% 7.0% 1.8%
2015 0.3% 4.8% -0.2% -5.3% 1.3%
2014 5.7% -0.7% -0.2% 2.7% 3.8%
2013 10.5% 10.0% -1.2% 0.6% 1.1%
2012 3.2% 2.6% -3.5% 1.5% 2.6%
2011 0.0% -0.8% 1.2% -2.5% 2.3%
2010 15.3% 5.2% -0.6% 3.6% 6.4%
2009 13.9% -5.8% 8.7% 7.8% 3.2%
2008 19.3% 4.8% -1.8% -0.8% 16.9%
2007 3.8% 1.1% -0.2% 1.8% 1.1%
2006 -1.4% -0.9% 1.4%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/12/2018

Top 10 Holdings

Stock Size
LF Ruffer Gold Inst Acc 3.75%
US Treasury 1.250% 15-Jul-2020 3.74%
United Kingdom 1.250% 22-Nov-2055 3.72%
United Kingdom 0.375% 22-Mar-2062 3.52%
United Kingdom 1.875% 22-Nov-2022 3.27%
US Treasury 0.125% 15-Jan-2022 3.27%
US Treasury 0.125% 15-Apr-2021 3.14%
United Kingdom 1.750% 22-Jul-2019 3.11%
United Kingdom 0.125% 22-Nov-2019 2.90%
US Treasury 1.125% 15-Jan-2021 2.84%
30/11/2018

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date31/01/2006
  • Share Class size4,892Mn
  • Base currencyGBP
  • ISIN GB00B0XP1H53

Purchase Info

  • Min. initial investment1Mn
  • Min. regular additional investment1,000

Charges

  • Annual management1.50%
  • Initial investment7.50%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).