Ruffer Total Return International O Cap EUR

The investment objective of the Sub-Fund is to achieve positive returns from an actively managed portfolio. The Sub-Fund may have exposure to the following asset classes: cash, debt securities of any type (including government and corporate debt), equities and equity-related securities and commodities (including precious metals). Overriding this objective is a fundamental philosophy of capital preservation.Investors should note that there can be no assurance that the investment objective will be achieved. The Sub-Fund will mainly invest directly in the above-mentioned asset classes (except for commodities and precious metals) and in the share capital of listed companies whose business is related to these asset classes; and/or in financial derivative instruments having as underlying or offering an exposure to the above-mentioned securities/asset classes; and/or in undertakings for collective investment including other Sub-Funds of Ruffer SICAV, up to a limit of 10% of the Sub-Fund's net assets; and/or in any transferable securities (such as structured products) linked or offering an exposure to the performance of the above-mentioned securities/asset classes. The choice of investments will neither be limited by geographical area (including emerging markets), economic sector nor in terms of currencies in which investments will be denominated. However, depending on financial market conditions, a particular focus can be placed in a single country (or some countries) and/or in a single currency and/or in a single economic sector. Furthermore, there will be no particular or predetermined weight placed on any of the aforementioned types of asset classes. Derivatives Derivatives are used for investment purposes and to manage the risk profile of the Sub-Fund. Benchmark The Sub-Fund is not a tracker fund and is actively managed. The Sub-Fund is managed in reference to a benchmark as its performance is measured against the MSCI ACWI, Bloomberg Global - Aggregate Total Return an

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No