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CF RUFFER BAKER STEEL GOLD O - Fund overview

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Overview of CF RUFFER BAKER STEEL GOLD O

This fund is managed by former members of Merrill Lynch's well regarded natural resources team. The portfolio invests in gold mining companies on an international basis, with companies selected on a 'bottom up' basis. The fund has a bias to mid and small cap mining companies. Dealing is weekly by 10am each wednesday.

Standard Initial Charge

5.00% 0.50%

Fund summary

Sector  Specialist
Product type  OEIC
Launched  October, 2003
Size  £373m
Yield 0.0%
Charging basis  Income
Dividends paid  Acc. units only
Bid price 204.13p

Fund Charges

Standard Initial charge 5.00%
Initial charge via Bestinvest 0.50%
Additional bid/offer spread 0.00%
Annual management charge 1.85%
Total expense ratio 1.92%
Reduction in yield (10yr) 1.97%

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No information available.

Portfolio

cf ruffer baker steel gold o asset allocation illustration
Allocation Proportion
Equity 0%
High yield bonds 0%
Quality bonds 0%
Property 0%
Commodities 95%
Hedge 0%
Fund cash 5%
cf ruffer baker steel gold o equity geographic illustration
Allocation Proportion
UK 9%
Europe 0%
Nth America 48%
Japan 0%
Pacific 34%
Other Equity 9%
cf ruffer baker steel gold o equity capitalisation illustration
Allocation Proportion
Large Caps 22%
Mid Caps 23%
Small Caps 55%

Investment process


The objective is to achieve capital growth over the longer term by investing principally in gold and precious metal related companies within the mining industry.
Ruffer Investment Management have subcontracted portfolio management to Baker Steel Capital Managers, a boutique investment company specialising in precious metal and natural resources investment.
The managers have a value, bottom up, approach to investing and generally target mid to smaller size companies, which are less well researched. The research revolves around many company meetings, economic analysis of the gold market and financial modeling of the underlying stocks.

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

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