Morningstar - Q2 2020 - 20
Why Selected Funds focuses on long-range thinking.
Too many fund managers allow themselves to take extra risk in fad investments
to drive up short-term performance. A road we never travel.
Selected Funds managers know performance that comes from extra risk may be hot one quarter, only to
run out of gas the next.
Selected Funds is guided by the core belief that the most reliable way to create wealth is by remaining
invested in durable companies over the long term.
As a demonstration of confidence in our long-term strategy, the Davis family, Davis Advisors, employees, and
directors are among the largest shareholders in the Selected Funds. This group, as well as the Foundation,
also has more than $2 billion of their own money invested alongside clients in similarly managed accounts
and strategies.1
Chris Davis
Danton Goei
Portfolio Managers
Selecting Quality Companies for the Long Term
Before investing in the Selected Funds, you should carefully consider the Fund's investment objectives, risks, fees,
and expenses. The prospectus contains this and other information about the funds. You can obtain performance
information and a current Selected Funds prospectus by visiting selectedfunds.com or calling 800-243-1575.
Please read the prospectus carefully before investing or sending money. 1. As of 12/31/19.
Selected Funds are distributed by Davis Distributors, LLC, 2949 E. Elvira Road, Suite 101, Tucson, Arizona 85756, 800-243-1575
http://www.selectedfunds.com
Morningstar - Q2 2020
Table of Contents for the Digital Edition of Morningstar - Q2 2020
Contents
Morningstar - Q2 2020 - CT1
Morningstar - Q2 2020 - CT2
Morningstar - Q2 2020 - Cover1
Morningstar - Q2 2020 - Cover2
Morningstar - Q2 2020 - 1
Morningstar - Q2 2020 - 2
Morningstar - Q2 2020 - Contents
Morningstar - Q2 2020 - 4
Morningstar - Q2 2020 - 5
Morningstar - Q2 2020 - 6
Morningstar - Q2 2020 - 7
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Morningstar - Q2 2020 - Cover3
Morningstar - Q2 2020 - Cover4
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https://www.nxtbook.com/nxtbooks/morningstar/advisor_20120607
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20120405
https://www.nxtbook.com/nxtbooks/morningstar/investorconference2012
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20120203
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20121201
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20111011
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20110809
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20110607
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20110405
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20110203
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20111201
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20101011
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20100809_lincoln
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20100809
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20100607_lincoln
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20100607
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20100405_lincoln
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20100405
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20100203
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20101201
https://www.nxtbook.com/nxtbooks/morningstar/advisor_20091011
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