0000919574-16-012124.txt : 20160324 0000919574-16-012124.hdr.sgml : 20160324 20160324115600 ACCESSION NUMBER: 0000919574-16-012124 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20160324 DATE AS OF CHANGE: 20160324 EFFECTIVENESS DATE: 20160324 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SEQUOIA FUND INC CENTRAL INDEX KEY: 0000089043 IRS NUMBER: 132663968 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-35566 FILM NUMBER: 161526274 BUSINESS ADDRESS: STREET 1: 9 WEST 57TH STREET STREET 2: SUITE 5000 CITY: NEW YORK STATE: NY ZIP: 10019-2701 BUSINESS PHONE: 2128325280 MAIL ADDRESS: STREET 1: 9 WEST 57TH STREET STREET 2: SUITE 5000 CITY: NEW YORK STATE: NY ZIP: 10019-2701 FORMER COMPANY: FORMER CONFORMED NAME: CIMARRON FUND INC DATE OF NAME CHANGE: 19700625 0000089043 S000012155 SEQUOIA FUND INC C000033159 SEQUOIA FUND INC SEQUX 497 1 d7089680_497.htm
SEQUOIA FUND, INC.

Supplement dated March 24, 2016
to the Prospectus dated May 1, 2015
 
 
Effective immediately, the section "Portfolio Managers" on page 4 of the Prospectus is deleted in its entirety and replaced with the following disclosure:

Portfolio Manager

David M. Poppe, President and Director of the Fund, is primarily responsible for the day-to-day management of the Fund's portfolio. Mr. Poppe is President and Director of Ruane, Cunniff & Goldfarb and has been a portfolio manager of the Fund since 2006.
 
 
The fourth paragraph in the section "Management of the Fund—Investment Adviser" on page 5 of the Prospectus is deleted in its entirety and replaced with the following disclosure:

David M. Poppe serves as portfolio manager of the Fund and has served in a similar capacity since prior to 2010. The Fund's SAI provides additional information about the portfolio manager's compensation, other accounts managed by the portfolio manager, and the portfolio manager's ownership of securities in the Fund.


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