forrado wrote:Re: Ruffer Trust (RICA)
Announced today (15/11/2021)
Ruffer trust launches first share issue in 11 years
Having witnessed the growth of Personal Assets (PNL) and Capital Gearing (CGT) assets under management thanks to the success of rigorously applied discount-premium control policies by these two trusts over the course of several years. It seems to me Ruffer are using the present buoyant demand by UK investors for such wealth preservation trusts as an opportunity to play catch-up in terms of the trust's AUM. A quick look at market caps of the three trusts, and one sees Personal Assets and Capital Gearing are valued at £1,763m and £931m respectively, while Ruffer stands at £685m.
Thanks for the heads up on that forrado.
So how does a recent existing investor like myself, or a new investor like my wife, avail themselves of the opportunity to purchase shares?