Selector High Conviction Equity Fund

June 2022 Quarterly Newsletter

In this quarterly edition we review SFML performance, attribution, ESG and company results from the May reporting season. Our lead article focuses on the recession fears plaguing markets today. We then move onto the critical juncture businesses face before small can become big, before discussing the attributes of what Jim Collins describes as 10Xers and profiling two portfolio holdings that fit the bill. This quarter also saw us travel to Korea and Japan, visiting the international operations of two core holdings. To conclude, we profile a new portfolio holding WiseTech Global, a business with considerable long-term potential.

This update has been prepared by Selector Funds Management Limited (“Selector”) ACN 102 856 347 AFSL 225316 to provide you with general information only. In preparing this update, we do not take into account your investment objectives, financial situation or particular needs. It is not intended to take the place of professional advice and you should not take action in reliance on this information. Neither Selector, or any of its related parties, their employees or directors, provide a warranty of accuracy or reliability for this information or accept any liability to any person who relies on it. Past performance is not an indicator of future performance. Selector does not guarantee the repayment of capital, payment of income or performance. Unauthorised use, copying, distribution, transmitting, publication, display, or reproduction in whole or in part of the information contained in this material is prohibited without prior written consent from Selector.

Unauthorised use, copying, distribution, transmitting, publication, display, or reproduction in whole or in part of the information contained in this material is prohibited without prior written consent from Selector.