Mutual Funds

    Selected American Shares
    Fact Sheet Download

    Goals of the Fund, types of companies found in the Portfolio, top holdings, portfolio characteristics and historical performance.

    Manager Commentary-Semi-Annual Review 2019 Download View

    An interview with the Fund Managers.

    A Conversation with Chris Davis Download

    PM Chris Davis on strategies that can help every investor to become more successful.

    Portfolio Composition Download

    Quarterly update of portfolio characteristics.

    Selected International Fund
    Fact Sheet Download Applying the Davis Investment Discipline to companies outside the United States; Portfolio characteristics, top holdings, and performance.
    Manager Commentary - Semi-Annual Review 2019 Download View

    Portfolio Manager Danton Goei discusses the Portfolio, performance and how he applies the Davis Investment Discipline to uncover opportunities outside the United States.

    Selected International Fund - History of Long Term Outperformance Download Our best ideas outside of the U.S. Outperformed its benchmark over the past decade.^^
    Global Market Overview and Investment Themes Download

    Our PMs on global markets and themes presenting the strongest investor opportunities

    Portfolio Composition Download

    Quarterly update of portfolio characteristics.

    Insights About Davis Advisors

    The Davis Research Methodology Download

    Davis Advisors unique approach to building long-term wealth through investing in equities, including: what we look for in a company, how we arrive at an appropriate purchase price and the factors that may prompt us to sell a position.

    Insights into Successful Investing

    Selected Funds:
    Selective. Attractive Growth. Undervalued.

    Companies with attractive growth and lower valuations than those in the benchmark – a powerful combination

    The $1000 Hot Dog – Barron’s article View

    Chris Davis tells Barron’s about the powerful lesson his grandfather taught him about thrift, financial independence and the miracle of compounding.

    The Case for Active Management – A Look Beyond the Headlines Download

    The little-known cyclical nature of active/passive leadership, environments favoring active management, attributes of outperforming managers, and the attractive record of Selected American Shares.

    Wisdom of Great Investors: The Quotes Download

    Insights from Buffett, Graham, Lynch and others on investor behavior that may improve returns.

    Timeless Wisdom for Creating Long Term Wealth Download This resource shares three crucial insights to help investors successfully navigate today's market.
    Fortune Magazine – Warren Buffett: “Why stocks beat gold and bonds” Download Warren Buffett on the real danger of investments commonly thought of as “safe”, and why “productive assets” like equities offer a much better chance of maintaining purchasing power (compounding wealth after taxes and inflation).
    How to Read Mutual Fund Advertisements Describing Total Return Download

    This hypothetical advertisement helps investors read mutual fund ads with a critical eye. (Copyright © 2003 by the Investment Company Institute).

    There is no guarantee that the Funds will continue to deliver consistent investment performance. Equity markets are volatile and an investor may lose money. Past performance is not a guarantee of future results. See the respective resources for important legal disclosures. Davis Distributors, LLC, is the distributor of the Funds.

    ^^Class S Shares. Past performance is not a guarantee of future results.

    1The Attractive Growth and Undervalued reference in this piece relates to underlying characteristics of the portfolio holdings. There is no guarantee that Fund performance will be positive as equity markets are volatile and an investor may lose money.