Selector is a Sydney based fund manager. Our team combines deep experience in financial markets with diversity of background and thought. We believe in long-term wealth creation and building lasting relationships with our investors.
We focus on stock selection, the funds are high conviction, concentrated and index unaware. As a result, the portfolios have low turnover and produce tax effective returns.
Selector has a 15-year track record of outperformance and we continue to seek businesses with leadership qualities, run by competent management teams, underpinned by strong balance sheets and with a focus on capital management.
We are a profitable investment firm, we maintain a strong balance sheet, we have no debt.
Selector’s philosophy is to invest sensibly for the long term. A bottom-up stock selection process is used to identify good businesses selling at a fair price.
As a good business evolves into a great business, its underlying real earnings per share grows. Selector aims to capture as much of this earnings growth as possible over time, since this is what translates into share price appreciation.
We seek businesses with leadership qualities, run by competent management teams, underpinned by strong balance sheets and with a focus on capital management.
Selector Funds Management is a founder owned and led business. We invest alongside our clients in the funds that we run. We are open minded and prepared to explore new avenues. We seek to employ people who act ethically at all times, strive to constantly improve and generate outperformance for our clients.
select peopleOur prioritisation of ethical conduct and operational excellence is the driver of client outperformance.
We believe Culture and ESG are intertwined. We consider them both integral to our assessment of a business.
The Selector High Conviction Equity Fund invests in businesses listed on the Australian Stock Exchange. Our bottom up stock selection process produces a portfolio of our best ideas. The portfolio is high conviction and index agnostic. These businesses generally sit within the S&P ASX 300 Index, although non-index businesses can be included.
select wholesaleThe Selector Australian Equities Fund* invests in businesses listed on the Australian Stock Exchange. Our bottom up stock selection process produces a portfolio of our best ideas. The portfolio is high conviction and index agnostic. These businesses generally sit within the S&P ASX 300 Index, although non-index businesses can be included.
select retailIn this quarterly edition, we review performance and attribution. Our lead article considers the singular focus that consumed Netflix on its path to becoming the world's leading subscription based online entertainment service. We follow this up with our interpretation of Geoffrey Moore's consulting work on how companies navigate the 'crisis of prioritisation', in our article titled “The Innovator's Dilemma”. We extend this further with our take on the Harvard Business Review’s top CEOs for 2019 in our piece “It starts at the top”. In our “Passage of Time” article we discuss the 'glue' that is time and how it relates to complementary medicines group Blackmores. We also discuss our thoughts on the thorny issue of proxy advisors. We review Oil Search following our recent company led investor tour to the company’s Papua New Guinea operations and finish with a book review on, The man who solved the market.
The December 2019 High Conviction Monthly Update reviews the composition, performance and attribution for the month.
The December 2019 Selector Australian Equities Fund* Monthly Update reviews the composition, performance and attribution for the month.