Literature

    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- Fall Review 2020 Download View

    An interview with the Fund Managers.

    Portfolio Manager Special Update - March 2020 Download View

    The importance of mastering your emotions and envisioning the recovery after this crisis passes; factors driving our decisions to sell, hold or actually buy more of a company.

    Selected American Shares: Selective. Attractive Growth. Undervalued. Download

    Our companies are rigorously researched, offer attractive growth and yet are significantly undervalued versus the benchmark – A powerful combination.†

    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 2020 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.

    Portfolio Manager Special Update - March 2020 Download View

    How the strong balance sheets and durable competitive advantages of the companies of Selected International Fund are helping them navigate these challenging times, and why we believe well-capitalized financials are significantly mispriced currently.

    Selected International Fund: Selective. Attractive Growth. Undervalued. Download

    Our companies are rigorously researched, offer attractive growth and yet are significantly undervalued versus the benchmark – A powerful combination.†

    Selected International Fund - Attractive Investment Results Download Our best ideas outside of the U.S. Outperformed its benchmark over the past decade.^^
    Investing in International Equities (Whitepaper) Download

    Why international stocks look attractive, why active management beats passive internationally, long term themes driving international returns.

    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.
    Download

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

    Investing in International Equities (Whitepaper) Download

    Why international stocks look attractive, why active management beats passive internationally, long term themes driving international returns.

    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.
    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.