Clipper Fund, Inc. (the "Fund") is a no-load equity mutual fund with a long-term investment horizon. The Fund is advised by Davis Selected Advisers, L.P., which seeks to invest in durable, well-managed businesses that can be purchased at value prices and held for the long-term. The Davis family, Davis Advisors, employees and directors have more than $2 billion of their own money invested side by side with our shareholders in the various mutual funds managed by the firm.* This helps ensure that our interests are closely aligned with those of our clients.
The Fund is a non-diversified, open-end management investment company. The objective of the Fund is to provide long-term capital growth and capital preservation.
* As of 12/31/09
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