Identifying Great Companies
Now Offered at a Discount

Dominant, growing businesses are currently available at prices not seen in years – Exceptional opportunities for investors who think long term

  • Davis NY Venture Fund Portfolio Manager Commentary

    “Market trends continue to favor short-term growth and hype over long-term value and durability. Fifty years has taught us that a willingness to be out of favor in the short term creates the opportunity to build wealth in the long term.”

    - PM Chris Davis, Clipper Fund Fall Review 2020

New PM Review – Fall 2020

Our Portfolio Managers on the markets and how we are positioning portfolios now to pursue the opportunities being created.

PM Video Commentary

Video: Barron’s Interviews Chris Davis —
Three Timely Insights for Investors Chris Davis on why investor mindset is so important in environments like today’s, why volatility can be an investor’s friend, and emerging opportunities for the disciplined investor.

Video: Chris Davis on WealthTrack The mindset that fosters investing success through difficult markets; emerging opportunities for long-term wealth building.

  • Davis NY Venture Fund Portfolio Manager Commentary

    “What's next? Rather than trying to make short-term predictions, we have built wealth for five decades by buying durable, growing and profitable businesses with the strength to weather the storms.”

    - PM Danton Goei, Clipper Fund Fall Review 2020

Current Insights

  • Clipper Fund PM Fall Review 2020

    "As the banks emerge on the other side of this current crisis with their balance sheets and earnings power intact, we anticipate that attitudes towards the sector could improve significantly, leading to a significant increase in their relative valuations..." - Portfolio Manager Chris Davis

Unique Attributes

  • The Clipper Fund is a no-load equity mutual fund advised by Davis Selected Advisers, L.P. (Davis Advisors). We offer investors a number of unique attributes:

    Sixty Years of Experience

    Davis Advisors has successfully managed money through many environments – including periods of inflation, recession, rising and falling energy prices, rising and falling interest rates, and bull and bear markets.

    Consistency of the Davis Investment Discipline

    For three generations, the Davis family has built wealth by purchasing durable, well-managed businesses at value prices and holding them for the long term.

    Aligned with Shareholders

    With more than $2 billion invested side by side with clients, we experience the same risks and reap the same rewards.1

Fund Snapshot

  •  Fact SheetCommentaryPerformance
    » Clipper Fund      

  • Pricing (as of 10/30/2020)

      Price Change Ticker Fund # CUSIP
    Clipper Fund $116.73 -0.74 CFIMX 126 188850101

Privacy Statement and Business Continuity Plan | Terms of Use | Proxy Voting Information

This material must be accompanied or preceded by a current Clipper Fund Prospectus. Carefully consider the Fund's investment objective, risks, fees, and expenses before investing or sending money. Read the prospectus carefully before you invest or send money. The prospectus contains this and other information and can be obtained by clicking here or calling 800.432.2504. Davis Distributors, LLC, is the distributor of the Clipper Fund.

1As of June 30, 2019. Includes Davis Advisors, the Davis family and Foundation, our employees, and Fund directors in similarly managed accounts and strategies.

Shares of the Clipper Fund are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including possible loss of the principal amount invested.

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