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. Our aim is to capture real earnings per share growth over the long-term. As a result, the portfolios have low turnover and produce tax effective returns. Our ongoing focus on culture and financial sustainability lends itself to strong ESG outcomes.
Selector has a 17-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.
Voting is the other half of ESG, all resolutions are documented, researched and voted inhouse.
Our ongoing focus on culture and financial sustainability lends itself to strong ESG outcomes. This is evidenced by portfolio emissions significantly lower than index emissions, coupled with outperformance since inception.
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.
The Selector High Conviction Equity strategy is a wholesale fund and is available only to sophisticated and professional investors.
The 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.
The Selector Australian Equities Fund is distributed by DDH Graham (ABN: 28 010 639219 | AFSL: 226319) who is the Responsible Entity and Administrator for this fund.
In this quarterly edition we review performance attribution and cover businesses that reported during the period. We explore why uniqueness matters in our article "A funny thing" and look into why some businesses are geared for "Success or failure”. We compiled a table on "The Compounders”, which provides some insight into the power of real earnings per share growth. Our stock review this quarter is titled “OFX a marathon”. Our ESG commentary focuses on James Hardie and Modern Slavery. Finally, we finish with a personal comment on character in the piece “High Achievers".
The December 2021 High Conviction Monthly Update reviews the composition, performance and attribution for the month.
The December 2021 Selector Australian Equities Fund* Monthly Update reviews the composition, performance and attribution for the month.