LYNCHBURG, VA – Selective Wealth Management (Selective) announced today that the Selective Opportunity Fund (SLCTx) was ranked in the top 1% in the MorningStar Large Blend Category for the one-year period ending 12/31/2018 based on total return. The Fund was ranked in the top one percentile out of 1,402 funds within the category. The Fund outperformed the S&P 500 by 13.12% during the period and outperformed the average fund within the category by 15.00%. The total return for the Fund during the period was 8.74%.
The Selective Opportunity Fund (SLCTx) is a non-diversified mutual fund with the primary objective of maximizing long-term returns while protecting client principal. The Fund implements the Selective Process to construct an equity portfolio of what we believe to be the world’s highest quality businesses purchased at attractive valuations.
Selective provides a unique Wealth Management experience through its online platform that seeks to provide a rare level of transparency into fund holdings – enabling each investor to understand what businesses they own and why they own them.
“At Selective we believe that the long-term success of our clients will be dictated by the operating performance of the companies they own. For this reason, we aim to purchase world class businesses that pass our rigorous Selective Process. While we do not focus on short-term performance, we’re pleased to see investment results tracking with the underlying growth of our Selective Companies.” – Chris Devlin
About Selective Wealth Management
Selective Wealth Management creates value for our investors by purchasing Selective Companies that we believe produce irreplaceable goods and services, are highly profitable, possess pricing power, demonstrate careful debt management, skillfully reinvest earnings, and are led by world class leaders. This has been and continues to be the back bone of our Selective Process. The Selective Opportunity Fund (SLCTX) is a non-diversified mutual fund with the primary objective of maximizing long-term returns while protecting client principal. The Fund implements the Selective Process to construct an equity portfolio of what we believe to be the world’s highest quality businesses purchased at attractive valuations. For more information, visit www.selectivewm.com
Disclaimers & Disclosures
Before investing, consider the fund's investment objectives, risks, and charges and expenses. The prospectus contains this and other information about the fund, and it should be read carefully before investing. To obtain a prospectus, contact Selective at email@example.com, or click on the link above. The Fund is distributed by Ultimus Fund Distributors, LLC.
Investing involves risk, including loss of principal. Because the Fund is non-diversified and intends to focus its investments in a relatively small number of companies, an increase or decrease in the value of a single security likely will have a greater impact on the Fund's net asset value and total return than a diversified fund.
As of 12/31/18, returns for SLCTX were 8.74% for the 1 year period and 12.23% since the Fund's inception on 1/31/17. The S&P 500 returns were -4.38% for the 1 year period and 7.24% since the Fund's inception.
The performance quoted is past performance and does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 434-515-1517. The Fund's gross expense ratio is 1.52%.
The Morningstar ranking is for SLCTX only. Other share classes may have different rankings.