Sequoia Fund

Frequently Asked Questions About SEQUX

What does SEQUX invest in?

The fund's investment objective is long-term growth of capital. In pursuing this objective, it focuses on investing in equity securities that the advisor believes are undervalued at the time of purchase and have the potential for growth. The fund normally invests in equity securities of U.S. and non-U.S. companies. It may invest in securities of issuers with any market capitalization. The fund is non-diversified.

What is the expense ratio of SEQUX?

Sequoia Fund (SEQUX) charges an expense ratio of 1.00%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SEQUX?

Sequoia Fund (SEQUX) manages $1.27B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is SEQUX actively managed or an index fund?

SEQUX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was SEQUX launched?

Sequoia Fund (SEQUX) launched in January 1980 and is managed by the fund issuer.

How has SEQUX performed?

SEQUX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.