WS Ruffer Gold Fund

Important information for investors

Interests in any funds referred to on this site have not been, and will not be, registered under the US Securities Act of 1933, as amended (the ‘1933 Act’) or qualified under any applicable US state securities statutes, and such interests may not be offered, sold or transferred in the United States of America (including its territories and possessions) or to or for the direct or indirect benefit of any US Person (as defined in the following sentence), except pursuant to registration or an exemption. For these purposes, a US Person is any person who is in either of the following two categories: (a) a person included in the definition of ‘US person’ under Rule 902 of Regulation S under the 1933 Act, or (b) a person excluded from the definition of a ‘Non-United States person’ as used in the US Commodity Futures Trading Commission Rule 4.7. Such interests will be subject to restrictions on transferability and resale and may not be transferred or resold in the United States or to any US Person except as permitted under the 1933 Act and applicable state securities laws, pursuant to registration or exemption therefrom. If you are unsure as to whether you satisfy the foregoing conditions, please seek legal advice before proceeding.

WS Ruffer Investment Funds, the TM Ruffer Portfolio and their respective sub-funds are only registered for distribution in the UK. Ruffer SICAV (and its sub-fund Ruffer Total Return International) is a Luxembourg investment fund and subject to Luxembourg law. It is authorised by and subject to the supervisory authority in Luxembourg. It is registered for public distribution in the UK, as well as other jurisdictions listed below. By clicking [‘Agree’] below, and accessing documentation in relation to these funds, you are warranting that you are an investor based in the UK.

If you are not an investor based in the UK, please review the information below before making your selection.

Ruffer SICAV (and its sub-fund Ruffer Total Return International) is a Luxembourg investment fund and subject to Luxembourg law. It is authorised by and subject to the supervisory authority in Luxembourg. It is only registered for public distribution in the following jurisdictions: Belgium, Denmark, Finland, France, Germany, Ireland, Italy (qualified investors as defined under local law only), Luxembourg, the Netherlands, Norway, Portugal, Singapore (institutional and accredited investors only), Spain, Sweden, Switzerland and the UK. By clicking [‘Agree’] and accessing documentation in relation to the fund, you are warranting that you are either based in such a jurisdiction, or that your receipt of such documentation is otherwise permissible under the laws of the jurisdiction to which you are subject.

Key Information Documents for Ruffer SICAV are provided in a variety of languages, along with the Prospectus (in English and French). The views expressed on this website are not intended as an offer or solicitation for the purchase or sale of any investment or financial instrument. The views reflect the current views of Ruffer LLP and/or Ruffer S.A. and, whilst the opinions stated are honestly held, they are not guarantees and should not be relied upon and may be subject to change without notice. The information contained in this webpage does not constitute investment advice and should not be used as the basis of any investment decision. References to specific securities are included for the purposes of illustration only and should not be construed as a recommendation to buy or sell these securities. Neither Ruffer LLP or Ruffer S.A. have not considered the suitability of Ruffer SICAV against any specific investor’s needs and/or risk tolerance. If you are in any doubt, please speak to your financial adviser. Ruffer LLP, Ruffer S.A. or FundPartner Solutions (Europe) S.A. may terminate arrangements for marketing of the fund under new Cross-border Distribution Directive denotification process.

I have read the above information and wish to proceed on the basis that I am either: (a) an investor based in the UK and accessing documentation in relation to WS Ruffer Investment Funds, the TM Ruffer Portfolio and their respective sub-funds, (b) an investor based in Belgium, Denmark, Finland, France, Germany, Ireland, Italy (qualified investors as defined under local law only), Luxembourg, the Netherlands, Norway, Portugal, Singapore (institutional and accredited investors only), Spain, Sweden, Switzerland  or the UK and accessing documentation in relation to Ruffer SICAV (and its sub-fund Ruffer Total Return International), or (c) an investor whose receipt of documentation in relation to Ruffer SICAV (and its sub-fund Ruffer Total Return International) is permissible under the laws of the jurisdiction to which I am subject.