Selector High Conviction Equity Fund

June 2026 Quarterly Newsletter

In this quarterly, we provide a collection of portfolio company commentaries following the May reporting season. We follow up with a series of articles that are reflective of the times, including the responsibility of being a 'public' company and the volatility that it brings for shareholders. The Federal Budget gives rise to two articles - the importance of identifying and sticking with long term business compounders and 'Table of truth', which outlines the current state of affairs. Finally, we discuss what it takes to be an overnight success.

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.