Selector September 2012 Quarterly Newsletter

8/13/2019 Selector September 2012 Quarterly Newsletter

1/20

In this quarterly edition we review performance and attribution. We discuss our stock selection process. We focus on obstructive sleep apnea specialist ResMed Inc. And finally we revisit government intervention. Photo. Whale migration coincides with reporting season in Sydney.

Selector Funds Management Limited ACN 102756347 AFSL 225316 Level 3, 66 Hunter Street Sydney NSW 2000 Australia Tel 612 8090 3610 www.selectorfund.com.au

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Dear In

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To all o

Regard

Tony Sc

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er 2012 Selecto

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erly Newsletter

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any field of

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between tw

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s customaril

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s are viewed

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ur opinion,

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er 2012 Selecto


re countless

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Medical (Sep

logy One (Ju

emain unkn

ance gets di

Inc. (RMD)

: ResMed Inc

vent

rofessor Colin

bstructive slee

axter Centre ac

r Peter Farrell

usiness from B

Wake up Ameri

tates suffer fro

esCare incorpo

une ‐ Company

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ompany transf

MD completes

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erly Newsletter

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rth to a prett

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inventors Pr

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are unaware

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#31

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ed Inc. busi

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.au

‐2012

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r as we hav

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ing, totaling

as, without

c

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head. SFM

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ing could be

lofty investo

period asso

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