Prospectus & Application		Insights Into the Clipper Fund
		Shareholder Reports		Statement of Additional Information
		Proxy Policy & Reports
Notice to Investors Residing Outside the United States: Shares of Clipper Fund, Inc. (the "Fund") are offered for sale only in the United States. While you may obtain the Fund's prospectus and other information about the Fund on this website, the Fund is not registered for sale in any other country. The Fund provides Adobe Acrobat® versions of Fund literature for your convenience. Adobe Acrobat provides a simple, convenient method of displaying and printing documents from your computer. To open an Acrobat document, you must have the Adobe Acrobat Reader software installed on your computer. Click here to download Adobe Acrobat free of charge.
Prospectus (May 1, 2008) (pdf) - Download Regular Account Application (pdf) - Download IRA Application (pdf) - Download IRA Disclosure Statement and Custodial Agreement - Download IRA Transfer of Assets Form - Download IRA Designation of Beneficiary Form - Download IRA Distribution Form - Download Non-IRA Account Transfer Form - Download Clipper Fund Account Service Form - Download Semiannual Update from Christopher C. Davis and Kenneth C. Feinberg, Portfolio Managers (12/07) - Download Commentary from Shelby M.C. Davis, Advisor & Founder of Davis Advisors: "Investing in Today's Global Economy" (01/08) - Download Letter to Clipper Shareholders from Board Chairman (pdf) - Download Clipper Fund Quarterly Factsheet (03/31/08) - Download SemiAnnual Report (6/30/07) - Download Annual Report (12/31/07) - Download Clipper Portfolio Composition Report (3/31/08) - Download Clipper Fund N-Q Filing (9/30/07) - Download Proxy Voting Policies (pdf) - Download Proxy Voting Record (for the year ended June 30, 2007) (pdf) - Download Clipper Fund Receives Morningstar's Highest Stewardship Grade - Download Advisor Intelligence Magazine reprint - Interview with Chris Davis and Ken Feinberg - Download A Brief History of Davis Advisors - Download Overview of the Davis Research Methodology - Download Statement of Additional Information (May 1, 2008) (pdf) - Download

Davis Advisors is committed to communicating with our investment partners as candidly as possible because we believe our investors benefit from understanding our investment philosophy and approach. Our views and opinions regarding the investment prospects of our portfolio holdings include "forward looking statements" which may or may not be accurate over the long term. While we believe we have a reasonable basis for our appraisals and we have confidence in our opinions, actual results may differ materially from those we anticipate. These opinions are current as of the date of this report but are subject to change. Market values will vary so that an investor may experience a gain or a loss.