The Foundation is in the Process
Our Selective Process is designed for excellence. We believe in concentrating on our best ideas, building a portfolio of high quality companies and owning those businesses for long periods of time.
Our approach is evidenced by our results.
Selective takes positions in Selective Companies through three types of long positions: straight stock purchases, covered calls, or call options.
We focus on purchasing Selective Companies that we believe provide enduring products and services with durable competitive advantages.
We concentrate our portfolio on 15 to 25 companies, differing significantly from a passively managed index.
Results that are Different
Average annual returns in excess of 13% since inception
Outperformed the market, after fees in 4 out of 6 years
Read disclosures here
* Returns based on a composite of accounts primarily invested in Selective’s proprietary mutual fund (Composite A). This composite utilizes an investment approach focused on maximizing long-term returns while protecting client principle. The proprietary Fund is non-diversified and focuses its investments in a relatively small number of Selective Companies, typically seeking to hold between 15 and 25 companies (although the number may vary depending on market conditions). The Fund may also invest a substantial portion of its assets in cash and cash equivalents, including money market funds and other short-term fixed income investments, in seeking to protect principal. All returns are time-weighted, net of all fees and trading expenses. Performance varied by account. Performance 2013 to 2017 has been independently verified. Prior to 2017 this composite was made up of accounts managed by an identical investment mandate to the proprietary fund. Performance varied by account.
** S&P 500 returns are total returns - which include price changes and dividends. The S&P 500 is not a suitable benchmark and is used for general comparison. We do not believe there is a suitable benchmark given the concentrated nature of our investment style.
***Performance through December 31, 2018.
† Returns from inception (March 1st) to year-end. Returns for partial years are not annualized. All returns are TWR net of all fees and trading expenses
Past performance does not guarantee future results, and a loss of original capital may occur. There is always the inherent risk that Selective Wealth Management will not outperform the market or other investment advisors. The information herein should not be construed as a recommendation to purchase or sell any particular security or an assurance that any particular security held in a portfolio will remain in the portfolio or that a previously held security will not be repurchased. It should not be assumed that any of the security transactions or holdings have been or will equal or exceed the investment performance of the securities discussed.
Ranked No. 1 on SumZero
The world's largest community of investment professionals ranks Selective Wealth Management as #1 in the Growth at a Reasonable Price category.1
1based on SumZero ranking as of November 2017.
High level performance without the fees
Fees That are actually aligned with clients