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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.
Statement of Additional Information
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, 2008 (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, 2007, included in the Fund’s Annual Report
to Shareholders, are incorporated into this SAI by reference.
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