Sequoia Fund, Inc.

Shareholder Information

How To Invest/Redeem

Fund Performance

Investment Comparison

Investment Return Table

Performance Summary

About Sequoia Fund

INVESTMENT RETURN TABLE

Comparison of the Investment Return of the Sequoia Fund (from inception) vs. the Standard & Poor's 500
Average annual total return:	14.25%	10.32%
Change for the entire period:	24898.84%	5770.98%
Year Ending	Sequoia Fund	S&P 500
12/31/2011	13.19%	2.11%
12/31/2010	19.50%	15.06%
12/31/2009	15.38%	26.46%
12/31/2008	-27.03%	-37.00%
12/31/2007	8.40%	5.49%
12/31/2006	8.34%	15.80%
12/31/2005	7.78%	4.91%
12/31/2004	4.66%	10.88%
12/31/2003	17.12%	28.69%
12/31/2002	-2.64%	-22.10%
12/31/2001	10.52%	-11.89%
12/31/2000	20.06%	-9.10%
12/31/1999	-16.54%	21.04%
12/31/1998	35.25%	28.57%
12/31/1997	43.20%	33.34%
12/31/1996	21.74%	22.99%
12/31/1995	41.38%	37.53%
12/31/1994	3.34%	1.30%
12/31/1993	10.78%	10.06%
12/31/1992	9.36%	7.62%
12/31/1991	40.00%	30.45%
12/31/1990	-3.80%	-3.14%
12/31/1989	27.91%	31.65%
12/31/1988	11.05%	16.57%
12/31/1987	7.40%	5.22%
12/31/1986	13.38%	18.70%
12/31/1985	27.95%	31.76%
12/31/1984	18.50%	6.26%
12/31/1983	27.31%	22.56%
12/31/1982	31.12%	21.59%
12/31/1981	21.49%	-4.93%
12/31/1980	12.66%	32.51%
12/31/1979	12.05%	18.63%
12/31/1978	23.93%	6.51%
12/31/1977	19.88%	-7.20%
12/31/1976	72.37%	23.96%
12/31/1975	61.84%	37.30%
12/31/1974	-15.48%	-26.52%
12/31/1973	-24.80%	-14.72%
12/31/1972	3.61%	18.98%
12/31/1971	13.64%	14.29%
12/31/70*	12.11%	20.60%
Includes dividends, and in the case of the Sequoia Fund, capital gains distributions as if reinvested.

* From July 15, 1970

Year to date performance as of the most recent month end can be obtained by calling DST Systems, Inc. at (800) 686-6884.

Sequoia Fund Privacy Policy | Terms of Use

Please consider the investment objectives, risks and charges and expenses of the Fund carefully before investing. The Fund's prospectus contains this and other information about the Fund. You may obtain a copy of the prospectus by clicking here or by calling 1-800-686-6884. Please read the prospectus carefully before investing.

Shares of the Fund are offered through the Fund’s distributor, Ruane, Cunniff & Goldfarb LLC. Ruane, Cunniff & Goldfarb LLC is an affiliate of Ruane, Cunniff & Goldfarb Inc. and is a member of FINRA. An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

The Fund may be offered only to persons in the United States and by way of a prospectus. This website should not be considered a solicitation or offering of any product or service to investors residing outside of the United States.

Morningstar's "Managers of the Year" awards are based on Morningstar's evaluation of, among other factors, fund portfolios, returns and stewardship. Past performance is no guarantee of future results.