← All funds
Specialist
WS Ruffer Gold Fund
Managed by Ruffer LLPPart of WS Ruffer Investment Funds
Latest factsheet
Jun 2025
Fund size
£684.4m
Yearly charge
1.25%
Manager fee
1.20%
Income yield
0.42%
Holdings
–
Launched
12 Sept 2012
To seek to achieve capital growth over the longer term (at least seven years), after all costs and charges have been taken. Capital invested is at risk and there is no guarantee that the objective will be achieved over any time period.
Paul Kennedy (Fund Manager)
Cumulative performance
| Period | Fund | Sector average | Benchmark | vs sector |
|---|---|---|---|---|
| YTD | +37.70% | – | – | – |
| 1Y | +43.60% | – | +48.40% | – |
| 3Y | +23.20% | – | – | – |
| 5Y | +7.30% | – | – | – |
| 10Y | +18.00% | – | – | – |
| Since launch | +5.30% | – | – | – |
Calendar-year performance
| 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -14.20% | -11.30% | +0.80% | +29.20% | +43.60% |
Top holdings
| # | Holding | Weight | |
|---|---|---|---|
| 1 | Centerra Gold | 5.40% | |
| 2 | Mandalay Resources | 5.20% | |
| 3 | Newmont Corp | 5.00% | |
| 4 | Endeavour Mining | 5.00% | |
| 5 | Westgold Resources | 4.80% |
Portfolio breakdown
Sector
| North America equities | 30.60% | |
| Gold and precious metals exposure | 27.30% | |
| Africa equities | 16.60% | |
| South America equities | 9.60% | |
| Asia equities | 5.60% | |
| Australia equities | 3.20% | |
| Cash | 2.20% | |
| Europe equities | 1.70% | |
| Corporate bonds | 1.40% | |
| UK equities | 0.70% | |
| Other equities | 0.70% | |
| Asia ex-Japan equities | 0.60% |
Geography
| Other | 50.50% | |
| US dollar | 22.90% | |
| AU dollar | 17.40% | |
| Sterling | 9.10% |
Share classes
| Class | ISIN | SEDOL | Type | Hedged | Manager fee | Yearly charge | Minimum |
|---|---|---|---|---|---|---|---|
| C GBP acc | GB00B8510Q93 | B8510Q9 | acc | – | 1.20% | 1.24% | £1k |
| C GBP inc | GB00B8BZBT51 | B8BZBT5 | inc | – | 1.20% | 1.24% | £1k |
Source factsheets
| Month | Published by the manager | Read on |
|---|---|---|
| Jun 2026 | View original factsheet ↗ | 22 Aug 2026 |
| Mar 2026 | View original factsheet ↗ | 22 Aug 2026 |
| Dec 2025 | View original factsheet ↗ | 22 Aug 2026 |
| Sept 2025 | View original factsheet ↗ | 22 Aug 2026 |
| Jun 2025 | View original factsheet ↗ | 22 Aug 2026 |
| Mar 2025 | View original factsheet ↗ | 22 Aug 2026 |
| Dec 2024 | View original factsheet ↗ | 22 Aug 2026 |
| Sept 2024 | View original factsheet ↗ | 22 Aug 2026 |
| Jun 2024 | View original factsheet ↗ | 22 Aug 2026 |
| Mar 2024 | View original factsheet ↗ | 22 Aug 2026 |
| Dec 2023 | View original factsheet ↗ | 22 Aug 2026 |
| Sept 2023 | View original factsheet ↗ | 22 Aug 2026 |
| Jun 2023 | View original factsheet ↗ | 22 Aug 2026 |