WS Ruffer Diversified Return Fund

Investment Objective

To seek to achieve positive returns in all market conditions over any 12 month period, after all costs and charges have been taken. Underlying this objective is a fundamental philosophy of capital preservation.

Latest Meeting Note

Meeting 03 Oct 2023

Ruffer is a well-established, single strategy firm currently managing c. £25bn across multiple vehicles (different structures, liquidity profiles, etc), with the LF Ruffer Diversified Return fund the latest addition to their suite. All p...

Ruffer is a well-established, single strategy firm currently managing c. £25bn across multiple vehicles (different structures, liquidity profiles, etc), with the LF Ruffer Diversified Return fund the latest addition to their suite. All portfolios are managed according to the same investment philosophy which has largely remained unchanged since the firm's inception in 1994. At the heart of the strategy is a dual objective to not lose money on a rolling 12-month basis and to generate returns greater than cash. The portfolio is designed to be ‘all-weather’ with a mix between protective and growth assets, designed to ensure that the portfolio is relatively agnostic of market direction, in a purposeful attempt to remove market timing. The fund has struggled this year amidst cautious positioning, and whilst the team has made minor changes to the portfolio, their view has not changed, with the portfolio currently positioned for the reassertion of gravity in financial markets, while trades are structured predominantly through the use of derivatives, a core capability that was recently brought in-house.

Performance

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC YTD
2023 0.8 0.5 0.5 0.7 0.6 0.8 0.3 0.7 0.2 1.0 0.2 0.1 0.5
2022 0.2 0.2 0.1 0.2 0.7 0.6 0.3 0.2 0.6 0.1 1.0 0.8 0.4

or Register for Free

  • Gain access to comprehensive data and information regarding alternative UCITS funds
  • Keep track of performance, flows, and fees trends
  • Access the latest thematic research written by our team of expert in-house analysts
Current Site Absolute Hedge is a market leading UCITS research database providing proprietary research on funds, themes and strategies in the UCITS space. Kepler Trust Intelligence is produced by the investment companies team at Kepler Partners and is the UK’s premier source of detailed qualitative research on investment trusts. Kepler Liquid Strategies is a Dublin domiciled UCITS fund platform featuring a number of best-of-breed fund managers. Kepler Partners is a corporate advisory and asset raising boutique specialising in the regulated funds market in Europe and investment trusts in the UK.