An updated prospectus will be available
by May 1 of the current calendar year. More detailed information
about the Sequoia Fund is available in the statement of additional
information (SAI) at the bottom of this page.
The XBRL file is not the Fund's complete prospectus. XBRL
is an interactive data format and is provided in addition to the Fund's prospectus as
linked to this page. An XBRL file is not viewable without a viewer tool. A viewer tool
is available on the SEC website at www.sec.gov. You can download an XBRL zip file and
view it on the SEC website or use the data for analysis with any compatible comparison tool.
This Statement of Additional Information (“SAI”)
is not a prospectus and is only authorized for distribution
when preceded or accompanied by the Fund’s Prospectus
dated May 1, 2013 (the “Prospectus”). This SAI
contains additional and more detailed information than that
set forth in the Prospectus and should be read in conjunction
with the Prospectus. The Fund’s financial statements
for the fiscal year ended December 31, 2012, included in the
Fund’s Annual Report to Shareholders, are incorporated
into this SAI by reference.
May 1st, 2013 Statement of Additional
Information as | PDF
SEQUOIA FUND, INC.
| 767 Fifth Avenue | New York, New York 10153
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
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