Non-Mainstream Pooled Investments

RNS Number : 3799Y

Ruffer Investment Company Limited

23 January 2014

 



23 January 2014

Ruffer Investment Company Limited

(the "Company")

Re : Non-Mainstream Pooled Investments

The Board of the Company notes the rules of the UK Financial Conduct Authority ("FCA") on the promotion of non-mainstream pooled investments, effective from 1 January 2014.

The Board confirms that it conducts the Company's affairs, and intends to continue to conduct its affairs, so that the Company's shares will be "excluded securities" under the FCA's new rules.

This is on the basis that the Company, which is resident outside the EEA, would qualify for approval as an investment trust if resident and listed in the United Kingdom. Therefore, the Company's shares will not amount to non-mainstream pooled investments. Accordingly, the promotion of the Company's shares will not be subject to the FCA's restriction on promotion of non-mainstream pooled investments.

All Enquiries:

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

PO Box 255

Trafalgar Court

Les Banques

St Peter Port

Guernsey

GY1 3QL

Tel: [phone]

 

END

 

 

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