Source: Ruffer, FTSE International, Bloomberg. Cumulative performance 30 June 1995 to 31 October 2023, in pounds sterling. All figures include reinvested income. Ruffer performance is shown after deduction of all fees and management charges. Calendar quarter data has been used up to the latest quarter end and monthly data thereafter. All mentions of Ruffer performance refer to Ruffer’s representative portfolio, which shows the performance of an unconstrained, segregated portfolio of £1 million set up in 1995, and follows Ruffer’s investment approach. Past performance is not a guide to future performance, your investments can go down as well as up and you may not get back the full amount invested. The value of overseas investments will be influenced by the rate of exchange. The views expressed on this page are not intended as an offer or solicitation for the purchase or sale of any investment or financial instrument. The information contained on this page is fact based and does not constitute investment advice, research or a personal recommendation, and should not be used as the basis for any investment decision. Performance prior to 1 July 2022 has been calculated using monthly data points, and thereafter using daily data points. More information: ruffer.co.uk/methodology
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