0000071701-17-000063.txt : 20170510 0000071701-17-000063.hdr.sgml : 20170510 20170510142205 ACCESSION NUMBER: 0000071701-17-000063 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 14 FILED AS OF DATE: 20170510 DATE AS OF CHANGE: 20170510 EFFECTIVENESS DATE: 20170510 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SELECTED INTERNATIONAL FUND, INC CENTRAL INDEX KEY: 0000084237 IRS NUMBER: 366063092 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 002-27514 FILM NUMBER: 17829688 BUSINESS ADDRESS: STREET 1: 2949 E. ELVIRA ROAD STREET 2: SUITE 101 CITY: TUCSON STATE: AZ ZIP: 85756 BUSINESS PHONE: (520)806-7600 MAIL ADDRESS: STREET 1: 2949 E. ELVIRA ROAD STREET 2: SUITE 101 CITY: TUCSON STATE: AZ ZIP: 85756 FORMER COMPANY: FORMER CONFORMED NAME: SELECTED SPECIAL SHARES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: BAUM ADLER & CO DATE OF NAME CHANGE: 19671029 FORMER COMPANY: FORMER CONFORMED NAME: SECURITY SUPERVISORS DATE OF NAME CHANGE: 19671026 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SELECTED INTERNATIONAL FUND, INC CENTRAL INDEX KEY: 0000084237 IRS NUMBER: 366063092 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-01533 FILM NUMBER: 17829689 BUSINESS ADDRESS: STREET 1: 2949 E. ELVIRA ROAD STREET 2: SUITE 101 CITY: TUCSON STATE: AZ ZIP: 85756 BUSINESS PHONE: (520)806-7600 MAIL ADDRESS: STREET 1: 2949 E. ELVIRA ROAD STREET 2: SUITE 101 CITY: TUCSON STATE: AZ ZIP: 85756 FORMER COMPANY: FORMER CONFORMED NAME: SELECTED SPECIAL SHARES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: BAUM ADLER & CO DATE OF NAME CHANGE: 19671029 FORMER COMPANY: FORMER CONFORMED NAME: SECURITY SUPERVISORS DATE OF NAME CHANGE: 19671026 0000084237 S000003449 SELECTED INTERNATIONAL FUND INC C000009553 Class S SLSSX C000009554 Class D SLSDX 485BPOS 1 sif_xbrl.htm
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_______________________________
FORM N-1A
REGISTRATION STATEMENT UNDER THE
SECURITIES ACT OF 1933
REGISTRATION NO. 2-27514
POST-EFFECTIVE AMENDMENT NO. 84
and
REGISTRATION STATEMENT UNDER THE
INVESTMENT COMPANY ACT OF 1940
REGISTRATION NO. 811-01533
POST-EFFECTIVE AMENDMENT NO. 60
SELECTED INTERNATIONAL FUND, INC.
2949 East Elvira Road, Suite 101
Tucson, Arizona 85756
(520) 806-7600
Agents For Service:
Ryan Charles
Davis Selected Advisers, L.P.
2949 East Elvira Road, Suite 101
Tucson, Arizona 85756
-or-
Arthur Don
Greenberg Traurig LLP
77 West Wacker Drive, Suite 3100
Chicago, IL 60601
It is proposed that this filing will become effective:
  X  
Immediately upon filing pursuant to paragraph (b)
 
On              , pursuant to paragraph (b)
 
60 days after filing pursuant to paragraph (a)
 
On              , pursuant to paragraph (a) of Rule 485
 
75 days after filing pursuant to paragraph (a)(2) of Rule 485
 
On              , pursuant to paragraph (a)(2) of Rule 485

Title of Securities being Registered:
     
Common Stock of:
 
1. Selected International Fund

 
 
 
 
 
 
 
 
 
 

SELECTED INTERNATIONAL FUND, INC.

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933 and/or the Investment Company Act of 1940, the Registrants have caused these Registration Statements to be signed on their behalf by the undersigned, thereunto duly authorized, in the City of Tucson and State of Arizona on the 10th day of May 2017.
The Registrant hereby certifies that this Post-Effective Amendment meets all the requirements for effectiveness under paragraph (b) of Rule 485 of the Securities Act of 1933.
SELECTED INTERNATIONAL FUND, INC.
*By:
/s/ Ryan Charles     
 
Ryan Charles
 
Attorney-in-Fact

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons in the capacities indicated.

Signature
Title
Date
     
/s/ Kenneth Eich*     
Principal Executive Officer
May 10, 2017
Kenneth Eich
   
     
/s/ Douglas Haines*     
Principal Financial Officer; and Principal Accounting Officer
May 10, 2017
Douglas Haines
   
     


*By:
/s/ Ryan Charles     
 
Ryan Charles
 
Attorney-in-Fact

* Ryan Charles signs this document on behalf of the Registrant and each of the foregoing officers pursuant to powers of attorney. Powers of Attorney incorporated by reference to Post-Effective Amendments No. 79.


SELECTED INTERNATIONAL FUND, INC.

Pursuant to the requirements of the Securities Act of 1933, these Registration Statements have been signed on May 10th, 2017 by the following persons in the capacities indicated.

Signature
Title
Date
     
/s/ Francisco L. Borges *     
Director
May 10, 2017
Francisco L. Borges
   
     
/s/ Andrew A. Davis*     
Director
May 10, 2017
Andrew A. Davis
   
     
/s/ Christopher .C. Davis*     
Director
May 10, 2017
Christopher C. Davis
   
     
/s/ Lawrence Harris*     
Director
May 10, 2017
Lawrence Harris
   
     
/s/ Steven Kearsley*     
Director
May 10, 2017
Steven Kearsley
   
     
/s/ Katherine L. MacWilliams*     
Director
May 10, 2017
Katherine L. MacWilliams
   
     
/s/ James J. McMonagle*     
Director
May 10, 2017
James J. McMonagle
   
     
/s/ Richard C. O'Brien*     
Director
May 10, 2017
Richard C. O'Brien
   
     

* Ryan Charles signs this document on behalf of the Registrant and each of the foregoing directors pursuant to powers of attorney. Powers of Attorney incorporated by reference to Post-Effective Amendments No. 79.

*By:
/s/ Ryan Charles     
 
Ryan Charles
 
Attorney-in-Fact

INDEX TO EXHIBITS

     
Index No.
  
Description of Exhibit
EX-101.INS
  
XBRL Instance Document
EX-101.SCH
  
XBRL Taxonomy Extension Schema Document
EX-101.DEF
  
XBRL Taxonomy Extension Definition Linkbase
EX-101.LAB
  
XBRL Taxonomy Extension Labels Linkbase
EX-101.PRE
  
XBRL Taxonomy Extension Presentation Linkbase

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
EX-101.INS 2 sif-20170501.xml XBRL INSTANCE DOCUMENT 0000084237 2017-05-01 2017-05-01 0000084237 sif:S000003449Member 2017-05-01 2017-05-01 0000084237 sif:S000003449Member sif:C000009553Member 2017-05-01 2017-05-01 0000084237 sif:S000003449Member sif:C000009554Member 2017-05-01 2017-05-01 0000084237 sif:S000003449Member sif:C000009553Member rr:AfterTaxesOnDistributionsMember 2017-05-01 2017-05-01 0000084237 sif:S000003449Member sif:C000009553Member rr:AfterTaxesOnDistributionsAndSalesMember 2017-05-01 2017-05-01 0000084237 sif:S000003449Member sif:MsciAcwiExUsaIndexMember 2017-05-01 2017-05-01 iso4217:USD xbrli:pure 0000084237 SELECTED INTERNATIONAL FUND, INC. 485BPOS false 2017-05-01 2017-05-01 2017-05-01 2016-12-31 <b> <big> Fund Summary: Selected International Fund </big> </b> <b> <big> Investment Objective </big> </b> The Fund seeks capital growth. <b> <big> Fees and Expenses of Selected International Fund </big> </b> These tables describe the fees and expenses that you may pay if you buy and hold shares of the Fund. <p> <b> <i> Shareholder Fees </i> </b> </p> <i> (fees paid directly from your investment) </i> ~ http://xbrl.sec.gov/rr/role/ShareholderFeesData column dei_LegalEntityAxis compact sif_S000003449Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ 0.0000 0.0000 0.0000 0.0000 -0.0200 -0.0200 0.0000 0.0000 <b> <p> <i> Annual Fund Operating Expenses </i> </p> </b> <i> (expenses that you pay each year as a percentage of the value of your investment) </i> ~ http://xbrl.sec.gov/rr/role/OperatingExpensesData column dei_LegalEntityAxis compact sif_S000003449Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ 0.0055 0.0055 0.0025 0.0000 0.0071 0.0032 0.0151 0.0087 -0.0021 0.0000 0.0130 0.0087 <b> <big> Example </big> </b> <p> This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. </p> <p> The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and the Fund's operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be: </p> ~ http://xbrl.sec.gov/rr/role/ExpenseExample column dei_LegalEntityAxis compact sif_S000003449Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ 154 477 824 1802 89 278 482 1073 <b><big>Portfolio Turnover</big></b> The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 49% of the average value of its portfolio. 0.4900 <b> <big> Principal Investment Strategies </big> </b> <p> Davis Selected Advisers, L.P. ("Davis Advisors" or the "Adviser"), the Fund's investment adviser, uses the Davis Investment Discipline to invest Selected International Fund's portfolio principally in common stocks (including indirect holdings of common stock through depositary receipts) issued by foreign companies, including countries with developed or emerging markets. The Fund may invest in large, medium, or small companies without regard to market capitalization. The Fund will invest significantly (at least 40%of total assets under normal market conditions and at least 30% of total assets if market conditions are not deemed favorable) in issuers: (i) organized or located outside of the U.S.; (ii) whose primary trading market is located outside the U.S.; or (iii) doing a substantial amount of business outside the U.S., which the Fund considers to be a company that derives at least 50% of its revenue from business outside the U.S. or has at least 50% of its assets outside the U.S. Under normal market conditions the Fund will invest in issuers representing at least three different countries. </p> <p> <i> <b> Davis Investment Discipline. </b> </i> Davis Advisors manages equity funds using the Davis Investment Discipline. Davis Advisors conducts extensive research to try to identify businesses that possess characteristics that Davis Advisors believes foster the creation of long-term value, such as proven management, a durable franchise and business model, and sustainable competitive advantages. Davis Advisors aims to invest in such businesses when they are trading at discounts to their intrinsic worth. Davis Advisors emphasizes individual stock selection and believes that the ability to evaluate management is critical. Davis Advisors routinely visits managers at their places of business in order to gain insight into the relative value of different businesses. Such research, however rigorous, involves predictions and forecasts that are inherently uncertain. After determining which companies Davis Advisors believes the Fund should own, Davis Advisors then turns its analysis to determining the intrinsic value of those companies' equity securities. Davis Advisors seeks companies whose equity securities can be purchased at a discount from Davis Advisors' estimate of the company's intrinsic value based upon fundamental analysis of cash flows, assets and liabilities, and other criteria which Davis Advisors deems to be material on a company-by-company basis. Davis Advisors' goal is to invest in companies for the long term (ideally, five years or longer, although this goal may not be met). Davis Advisors considers selling a company's equity securities if the securities' market price exceeds Davis Advisors' estimates of intrinsic value, if the ratio of the risks and rewards of continuing to own the company's equity securities is no longer attractive, to raise cash to purchase a more attractive investment opportunity, to satisfy net redemptions, or other purposes. </p> <b><big>Principal Risks of Investing in Selected International Fund </big></b> <p> You may lose money by investing in Selected International Fund. Investors in the Fund should have a long-term perspective and be able to tolerate potentially sharp declines in value. The principal risks of investing in the Fund are: </p> <ul> <li> <b> Common Stock Risk. </b> Common stock represents an ownership position in a company. An adverse event may have a negative impact on a company and could result in a decline in the price of its common stock. Common stock is generally subordinate to an issuer's other securities, including preferred, convertible, and debt securities. </li> <li> <b> Depositary Receipts Risk. </b> Depositary receipts, consisting of American Depositary Receipts, European Depositary Receipts, and Global Depositary Receipts, are certificates evidencing ownership of shares of a foreign issuer. Depositary receipts are subject to many of the risks associated with investing directly in foreign securities. Depositary receipts may trade at a discount, or a premium, to the underlying security and may be less liquid than the underlying securities listed on an exchange. </li> <li> <b> Emerging Market Risk. </b> Securities of issuers in emerging and developing markets may offer special investment opportunities, but present risks not found in more mature markets. These securities may be more volatile and less liquid, which may also make them more difficult to value, than securities issued in countries with developed economies. </li> <li> <b> Fees and Expenses Risk. </b> The Fund may not earn enough through income and capital appreciation to offset the operating expenses of the Fund. All mutual funds incur operating fees and expenses. Fees and expenses reduce the return that a shareholder may earn by investing in a fund, even when a fund has favorable performance. A low return environment, or a bear market, increases the risk that a shareholder may lose money. </li> <li> <b> Foreign Country Risk. </b> Securities of foreign companies (including ADRs) may be subject to greater risk as foreign economies may not be as strong or diversified, foreign political systems may not be as stable, and foreign financial reporting standards may not be as rigorous as they are in the United States. There may also be less information publicly available regarding the non-U.S. issuers and their securities. These securities may be less liquid (and, in some cases, may be illiquid) and could be harder to value than more liquid securities. </li> <li> <b> Foreign Currency Risk. </b> The change in value of a foreign currency against the U.S. dollar will result in a change in the U.S. dollar value of securities denominated in that foreign currency. For example, when the Fund holds a security that is denominated in a foreign currency, a decline of that foreign currency against the U.S. dollar would generally cause the value of the Fund's shares to decline. </li> <li> <b> Headline Risk. </b> The Fund may invest in a company when the company becomes the center of controversy after receiving adverse media attention concerning its operations, long-term prospects, or management or for other reasons. While Davis Advisors researches companies subject to such contingencies, it cannot be correct every time, and the company's stock may never recover or may become worthless. </li> <li> <b> Large-Capitalization Companies Risk. </b> Companies with $10 billion or more in market capitalization are considered by the Adviser to be large-capitalization companies. Large-capitalization companies generally experience slower rates of growth in earnings per share than do mid- and small-capitalization companies. </li> <li> <b> Manager Risk. </b> Poor security selection or focus on securities in a particular sector, category, or group of companies may cause the Fund to underperform relevant benchmarks or other funds with a similar investment objective. </li> <li> <b> Mid- and Small-Capitalization Companies Risk. </b> Companies with less than $10 billion in market capitalization are considered by the Adviser to be mid- or small-capitalization companies. Mid- and small- capitalization companies typically have more limited product lines, markets, and financial resources than larger companies, and their securities may trade less frequently and in more limited volume than those of larger, more mature companies. </li> <li> <b> Stock Market Risk. </b> Stock markets tend to move in cycles, with periods of rising prices and periods of falling prices, including the possibility of sharp declines. </li> </ul> Your investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency, entity, or person. The Fund may not concentrate its investments in the securities of issuers primarily engaged in any particular industry. Your investment is not guaranteed and you may lose money. Your investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency, entity or person. <b> <big> Performance Results </big> </b> <p> The bar chart below provides some indication of the risks of investing in Selected International Fund by showing how the Fund's investment results have varied from year to year. The following table shows how the Fund's average annual total returns for the periods indicated compare with those of the MSCI ACWI (All Country World Index) ex USA, a broad-based securities market index. Selected International Fund made favorable investments in initial public offerings (IPO), which had material impacts on the investment performance in 2010 and 2014. The rapid appreciation was an unusual occurrence and such performance may not continue in the future. The Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. Updated information on the Fund's results can be obtained by visiting <u>www.selectedfunds.com</u> or by calling 1-800-243-1575. </p> <p> From the date that Davis Advisors first began managing the Fund (May 1, 1993) until May 1, 2011, Selected International Fund was named Selected Special Shares and invested primarily in domestic equity securities. In the future, the Fund is expected to invest primarily in foreign equity securities and the past performance of the Fund is unlikely to be relevant to future performance. </p> <p> After-tax returns are shown only for Class S shares; after-tax returns for Class D shares will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through a tax-deferred arrangement, such as a 401(k) plan or an individual retirement account. </p> <b> Calendar Year Total Returns for Class S Shares </b> ~ http://xbrl.sec.gov/rr/role/BarChartData column dei_LegalEntityAxis compact sif_S000003449Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ The bar chart below provides some indication of the risks of investing in Selected International Fund by showing how the Fund's investment results have varied from year to year. The Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. Highest quarter 2009-06-30 0.2265 Lowest quarter 2011-09-30 -0.2515 2017-03-31 0.1158 <p> Highest/Lowest quarterly results during this time period were: </p> <p> <b> Highest </b> 22.65% (quarter ended June 30, 2009) </p> <p> <b> Lowest </b> -25.15% (quarter ended September 30, 2011) </p> <p> Total return for the three months ended March 31, 2017 (non-annualized) was 11.58%. </p> <b> <i> Selected International Fund Average Annual Total Returns </i> </b> <i>for the periods ended December 31, 2016</i> ~ http://xbrl.sec.gov/rr/role/PerformanceTableData column dei_LegalEntityAxis compact sif_S000003449Member column rr_ProspectusShareClassAxis compact * column rr_PerformanceMeasureAxis compact * row primary compact * ~ After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. after-tax returns shown are not relevant to investors who hold their fund shares through a tax-deferred arrangement, such as a 401(k) plan or an individual retirement account. 1-800-243-1575 www.selectedfunds.com -0.0127 -0.4472 0.4421 0.1373 -0.2249 0.1829 0.2178 -0.0066 -0.0070 -0.0029 -0.0029 0.0722 -0.0017 -0.0029 0.0698 -0.0059 -0.0016 0.0577 0.0006 0.0010 0.0774 0.0031 0.0450 0.0500 0.0096 ~ http://xbrl.sec.gov/rr/role/RiskReturnDetail column period compact * row primary compact * ~ <i> The Adviser is contractually committed to waive fees and/or reimburse the Fund's expenses to the extent necessary to cap total annual fund operating expenses of Class S shares at 1.30%. The expense cap expires May 1, 2018. After that date there, is no assurance that the Adviser will continue to cap expenses. The expense cap cannot be terminated prior to May 1, 2018, without the consent of the board of directors. </i> EX-101.SCH 3 sif-20170501.xsd XBRL TAXONOMY EXTENSION SCHEMA EX-101.DEF 4 sif-20170501_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE EX-101.LAB 5 sif-20170501_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Share Class [Axis] Performance Measure [Axis] Prospectus [Table] All Classes Average Annual Return, Column Name Series [Axis] All Series All Prospectus Prospectus [Axis] Creation Date Effective Date Period End Date Trading Symbol Expense Example, 1 YEAR Expense Example, No Redemption, 1 YEAR Expense Example, 3 YEARS Expense Example, No Redemption, 3 YEARS Expense Example, 5 YEARS Expense Example, No Redemption, 5 YEARS Expense Example, 10 YEARS Expense Example, No Redemption, 10 YEARS 1 YEAR 1 YEAR 3 YEARS 3 YEARS 5 YEARS 5 YEARS 10 YEARS 10 YEARS CIK Registrant Name Document Type Amendment Am.Description Prospectus Date Selected International Fund Selected International Fund - Class S Selected International Fund - Class D Risk/Return: Risk/Return Investment objective: Investment objective Secondary objectives Fees and expenses of the fund: Fees and expenses of the fund, narrative Shareholder fees, caption Shareholder fees, table Maximum sales charge (load) imposed on purchases (as a percentage of offering price) Maximum Cumulative Sales Charge / Other Maximum Sales Charge Imposed on Purchases (as a percentage of offering price) Maximum deferred sales charge (load) (as a percentage of the offering price) Maximum deferred sales charge (as a percentage of the amount redeemed) Maximum sales charge (load) imposed on reinvested dividends Redemption or exchange fee Redemption Fee Exchange Fee (as a percentage of net assets) Exchange Fee Maximum Account Fee (as a percentage of net assets) Maximum annual account fee Other Fees (as a percentage of net assets) Annual fund operating expenses, heading Annual fund operating expenses, table Management 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Additional Market Index Performance, Availability by Phone Performance, Availability at Web Site Address Performance, Past Does Not Indicate Future Bar Chart, Heading Bar Chart, Narrative Bar Chart, Does Not Reflect Sales Loads Bar Chart Annual Return, Caption Annual Return, Inception Date 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Bar Chart, Footnotes Bar Chart, Closing Bar Chart, Reason Selected Class Different from Immediately Preceding Period Bar Chart, Returns for Class Not Offered in Prospectus Year to Date Return, Label Year to Date Return, Date Year to Date Return Highest Quarterly Return, Label Highest Quarterly Return Date Highest Quarterly Return Lowest Quarterly Return, Label Lowest Quarterly Return Date Lowest Quarterly Return Performance Table: Performance Table Narrative Average Annual Return Caption Performance Table 1 YEAR 5 YEARS 10 YEARS LIFETIME Inception Date Before taxes After taxes on distributions After taxes on distributions and sale of fund shares Market Index Performance MSCI ACWI ex USA Performance Table Footnotes, Reason Performance Information for Class Different from Immediately Preceding Period Performance Table Footnotes Performance Table Closing Performance Table Does Reflect Sales Loads Performance Table Market Index Changed Index No Deduction for Fees, Expenses, Taxes Performance Table Uses Highest Federal Rate Performance Table Not Relevant to Tax Deferred One Class of After-Tax Shown Performance Table Explains why after Tax Higher Money Market, Seven Day Yield Caption Money Market, Seven Day Yield Column Name 7-Day Yield Phone 7-Day Yield 7-Day Tax Equivalent Yield Thirty Day Yield Caption Thirty Day Yield Column Name 30-Day Yield Phone 30-Day Yield 30-DayTax Equivalent Yield Risk/Return Detail Table Text Block Class S shares Class D shares EX-101.PRE 6 sif-20170501_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE GRAPHIC 7 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Selected International Fund | Selected International Fund - Class S

Highest/Lowest quarterly results during this time period were:

Highest 22.65% (quarter ended June 30, 2009)

Lowest -25.15% (quarter ended September 30, 2011)

Total return for the three months ended March 31, 2017 (non-annualized) was 11.58%.

Selected International Fund
Fund Summary: Selected International Fund
Investment Objective
The Fund seeks capital growth.
Fees and Expenses of Selected International Fund
These tables describe the fees and expenses that you may pay if you buy and hold shares of the Fund.

Shareholder Fees

(fees paid directly from your investment)
Shareholder Fees - Selected International Fund
Selected International Fund - Class S
Selected International Fund - Class D
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) none none
Maximum deferred sales charge (as a percentage of the amount redeemed) none none
Maximum sales charge (load) imposed on reinvested dividends none none
Redemption or exchange fee (2.00%) (2.00%)

Annual Fund Operating Expenses

(expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - Selected International Fund
Selected International Fund - Class S
Selected International Fund - Class D
Management fees 0.55% 0.55%
Distribution and/or service (12b-1) fees 0.25% none
Other Expenses (as a percentage of net assets) 0.71% 0.32%
Total annual fund operating expenses 1.51% 0.87%
Fee Waiver or Reimbursement (as a percentage of net assets) [1] (0.21%) none
Net Expenses (as a percentage of net assets) 1.30% 0.87%
[1] <i> The Adviser is contractually committed to waive fees and/or reimburse the Fund's expenses to the extent necessary to cap total annual fund operating expenses of Class S shares at 1.30%. The expense cap expires May 1, 2018. After that date there, is no assurance that the Adviser will continue to cap expenses. The expense cap cannot be terminated prior to May 1, 2018, without the consent of the board of directors. </i>
Example

This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and the Fund's operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:

Expense Example - Selected International Fund - USD ($)
1 YEAR
3 YEARS
5 YEARS
10 YEARS
Selected International Fund - Class S 154 477 824 1,802
Selected International Fund - Class D 89 278 482 1,073
Portfolio Turnover
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 49% of the average value of its portfolio.
Principal Investment Strategies

Davis Selected Advisers, L.P. ("Davis Advisors" or the "Adviser"), the Fund's investment adviser, uses the Davis Investment Discipline to invest Selected International Fund's portfolio principally in common stocks (including indirect holdings of common stock through depositary receipts) issued by foreign companies, including countries with developed or emerging markets. The Fund may invest in large, medium, or small companies without regard to market capitalization. The Fund will invest significantly (at least 40%of total assets under normal market conditions and at least 30% of total assets if market conditions are not deemed favorable) in issuers: (i) organized or located outside of the U.S.; (ii) whose primary trading market is located outside the U.S.; or (iii) doing a substantial amount of business outside the U.S., which the Fund considers to be a company that derives at least 50% of its revenue from business outside the U.S. or has at least 50% of its assets outside the U.S. Under normal market conditions the Fund will invest in issuers representing at least three different countries.

Davis Investment Discipline. Davis Advisors manages equity funds using the Davis Investment Discipline. Davis Advisors conducts extensive research to try to identify businesses that possess characteristics that Davis Advisors believes foster the creation of long-term value, such as proven management, a durable franchise and business model, and sustainable competitive advantages. Davis Advisors aims to invest in such businesses when they are trading at discounts to their intrinsic worth. Davis Advisors emphasizes individual stock selection and believes that the ability to evaluate management is critical. Davis Advisors routinely visits managers at their places of business in order to gain insight into the relative value of different businesses. Such research, however rigorous, involves predictions and forecasts that are inherently uncertain. After determining which companies Davis Advisors believes the Fund should own, Davis Advisors then turns its analysis to determining the intrinsic value of those companies' equity securities. Davis Advisors seeks companies whose equity securities can be purchased at a discount from Davis Advisors' estimate of the company's intrinsic value based upon fundamental analysis of cash flows, assets and liabilities, and other criteria which Davis Advisors deems to be material on a company-by-company basis. Davis Advisors' goal is to invest in companies for the long term (ideally, five years or longer, although this goal may not be met). Davis Advisors considers selling a company's equity securities if the securities' market price exceeds Davis Advisors' estimates of intrinsic value, if the ratio of the risks and rewards of continuing to own the company's equity securities is no longer attractive, to raise cash to purchase a more attractive investment opportunity, to satisfy net redemptions, or other purposes.

Principal Risks of Investing in Selected International Fund

You may lose money by investing in Selected International Fund. Investors in the Fund should have a long-term perspective and be able to tolerate potentially sharp declines in value. The principal risks of investing in the Fund are:

  • Common Stock Risk. Common stock represents an ownership position in a company. An adverse event may have a negative impact on a company and could result in a decline in the price of its common stock. Common stock is generally subordinate to an issuer's other securities, including preferred, convertible, and debt securities.
  • Depositary Receipts Risk. Depositary receipts, consisting of American Depositary Receipts, European Depositary Receipts, and Global Depositary Receipts, are certificates evidencing ownership of shares of a foreign issuer. Depositary receipts are subject to many of the risks associated with investing directly in foreign securities. Depositary receipts may trade at a discount, or a premium, to the underlying security and may be less liquid than the underlying securities listed on an exchange.
  • Emerging Market Risk. Securities of issuers in emerging and developing markets may offer special investment opportunities, but present risks not found in more mature markets. These securities may be more volatile and less liquid, which may also make them more difficult to value, than securities issued in countries with developed economies.
  • Fees and Expenses Risk. The Fund may not earn enough through income and capital appreciation to offset the operating expenses of the Fund. All mutual funds incur operating fees and expenses. Fees and expenses reduce the return that a shareholder may earn by investing in a fund, even when a fund has favorable performance. A low return environment, or a bear market, increases the risk that a shareholder may lose money.
  • Foreign Country Risk. Securities of foreign companies (including ADRs) may be subject to greater risk as foreign economies may not be as strong or diversified, foreign political systems may not be as stable, and foreign financial reporting standards may not be as rigorous as they are in the United States. There may also be less information publicly available regarding the non-U.S. issuers and their securities. These securities may be less liquid (and, in some cases, may be illiquid) and could be harder to value than more liquid securities.
  • Foreign Currency Risk. The change in value of a foreign currency against the U.S. dollar will result in a change in the U.S. dollar value of securities denominated in that foreign currency. For example, when the Fund holds a security that is denominated in a foreign currency, a decline of that foreign currency against the U.S. dollar would generally cause the value of the Fund's shares to decline.
  • Headline Risk. The Fund may invest in a company when the company becomes the center of controversy after receiving adverse media attention concerning its operations, long-term prospects, or management or for other reasons. While Davis Advisors researches companies subject to such contingencies, it cannot be correct every time, and the company's stock may never recover or may become worthless.
  • Large-Capitalization Companies Risk. Companies with $10 billion or more in market capitalization are considered by the Adviser to be large-capitalization companies. Large-capitalization companies generally experience slower rates of growth in earnings per share than do mid- and small-capitalization companies.
  • Manager Risk. Poor security selection or focus on securities in a particular sector, category, or group of companies may cause the Fund to underperform relevant benchmarks or other funds with a similar investment objective.
  • Mid- and Small-Capitalization Companies Risk. Companies with less than $10 billion in market capitalization are considered by the Adviser to be mid- or small-capitalization companies. Mid- and small- capitalization companies typically have more limited product lines, markets, and financial resources than larger companies, and their securities may trade less frequently and in more limited volume than those of larger, more mature companies.
  • Stock Market Risk. Stock markets tend to move in cycles, with periods of rising prices and periods of falling prices, including the possibility of sharp declines.
Your investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency, entity, or person.
Performance Results

The bar chart below provides some indication of the risks of investing in Selected International Fund by showing how the Fund's investment results have varied from year to year. The following table shows how the Fund's average annual total returns for the periods indicated compare with those of the MSCI ACWI (All Country World Index) ex USA, a broad-based securities market index. Selected International Fund made favorable investments in initial public offerings (IPO), which had material impacts on the investment performance in 2010 and 2014. The rapid appreciation was an unusual occurrence and such performance may not continue in the future. The Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. Updated information on the Fund's results can be obtained by visiting www.selectedfunds.com or by calling 1-800-243-1575.

From the date that Davis Advisors first began managing the Fund (May 1, 1993) until May 1, 2011, Selected International Fund was named Selected Special Shares and invested primarily in domestic equity securities. In the future, the Fund is expected to invest primarily in foreign equity securities and the past performance of the Fund is unlikely to be relevant to future performance.

After-tax returns are shown only for Class S shares; after-tax returns for Class D shares will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through a tax-deferred arrangement, such as a 401(k) plan or an individual retirement account.

Calendar Year Total Returns for Class S Shares
Bar Chart
Selected International Fund Average Annual Total Returns
for the periods ended December 31, 2016
Average Annual Total Returns - Selected International Fund
1 YEAR
5 YEARS
10 YEARS
Selected International Fund - Class S (0.29%) 7.22% (0.17%)
Selected International Fund - Class S | After taxes on distributions (0.29%) 6.98% (0.59%)
Selected International Fund - Class S | After taxes on distributions and sale of fund shares (0.16%) 5.77% 0.06%
Selected International Fund - Class D 0.10% 7.74% 0.31%
MSCI ACWI ex USA 4.50% 5.00% 0.96%
XML 9 R8.htm IDEA: XBRL DOCUMENT v3.7.0.1
Label Element Value
Selected International Fund | Selected International Fund - Class S  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumCumulativeSalesChargeOverOfferingPrice none
Maximum deferred sales charge (as a percentage of the amount redeemed) rr_MaximumDeferredSalesChargeOverOther none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption (2.00%)
Management fees rr_ManagementFeesOverAssets 0.55%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses (as a percentage of net assets) rr_OtherExpensesOverAssets 0.71%
Total annual fund operating expenses rr_ExpensesOverAssets 1.51%
Fee Waiver or Reimbursement (as a percentage of net assets) rr_FeeWaiverOrReimbursementOverAssets (0.21%) [1]
Net Expenses (as a percentage of net assets) rr_NetExpensesOverAssets 1.30%
Expense Example, 1 YEAR rr_ExpenseExampleYear01 $ 154
Expense Example, 3 YEARS rr_ExpenseExampleYear03 477
Expense Example, 5 YEARS rr_ExpenseExampleYear05 824
Expense Example, 10 YEARS rr_ExpenseExampleYear10 $ 1,802
2007 rr_AnnualReturn2007 (1.27%)
2008 rr_AnnualReturn2008 (44.72%)
2009 rr_AnnualReturn2009 44.21%
2010 rr_AnnualReturn2010 13.73%
2011 rr_AnnualReturn2011 (22.49%)
2012 rr_AnnualReturn2012 18.29%
2013 rr_AnnualReturn2013 21.78%
2014 rr_AnnualReturn2014 (0.66%)
2015 rr_AnnualReturn2015 (0.70%)
2016 rr_AnnualReturn2016 (0.29%)
Bar Chart, Closing rr_BarChartClosingTextBlock

Highest/Lowest quarterly results during this time period were:

Highest 22.65% (quarter ended June 30, 2009)

Lowest -25.15% (quarter ended September 30, 2011)

Total return for the three months ended March 31, 2017 (non-annualized) was 11.58%.

Year to Date Return, Date rr_BarChartYearToDateReturnDate Mar. 31, 2017
Year to Date Return rr_BarChartYearToDateReturn 11.58%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest quarter
Highest Quarterly Return Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 22.65%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest quarter
Lowest Quarterly Return Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2011
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (25.15%)
1 YEAR rr_AverageAnnualReturnYear01 (0.29%)
5 YEARS rr_AverageAnnualReturnYear05 7.22%
10 YEARS rr_AverageAnnualReturnYear10 (0.17%)
Selected International Fund | Selected International Fund - Class D  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumCumulativeSalesChargeOverOfferingPrice none
Maximum deferred sales charge (as a percentage of the amount redeemed) rr_MaximumDeferredSalesChargeOverOther none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fee rr_RedemptionFeeOverRedemption (2.00%)
Management fees rr_ManagementFeesOverAssets 0.55%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses (as a percentage of net assets) rr_OtherExpensesOverAssets 0.32%
Total annual fund operating expenses rr_ExpensesOverAssets 0.87%
Fee Waiver or Reimbursement (as a percentage of net assets) rr_FeeWaiverOrReimbursementOverAssets none [1]
Net Expenses (as a percentage of net assets) rr_NetExpensesOverAssets 0.87%
Expense Example, 1 YEAR rr_ExpenseExampleYear01 $ 89
Expense Example, 3 YEARS rr_ExpenseExampleYear03 278
Expense Example, 5 YEARS rr_ExpenseExampleYear05 482
Expense Example, 10 YEARS rr_ExpenseExampleYear10 $ 1,073
1 YEAR rr_AverageAnnualReturnYear01 0.10%
5 YEARS rr_AverageAnnualReturnYear05 7.74%
10 YEARS rr_AverageAnnualReturnYear10 0.31%
Selected International Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return rr_RiskReturnHeading Fund Summary: Selected International Fund
Investment objective: rr_ObjectiveHeading Investment Objective
Investment objective rr_ObjectivePrimaryTextBlock The Fund seeks capital growth.
Fees and expenses of the fund: rr_ExpenseHeading Fees and Expenses of Selected International Fund
Fees and expenses of the fund, narrative rr_ExpenseNarrativeTextBlock These tables describe the fees and expenses that you may pay if you buy and hold shares of the Fund.
Shareholder fees, caption rr_ShareholderFeesCaption

Shareholder Fees

(fees paid directly from your investment)
Annual fund operating expenses, heading rr_OperatingExpensesCaption

Annual Fund Operating Expenses

(expenses that you pay each year as a percentage of the value of your investment)
Portfolio turnover, heading rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio turnover, narrative rr_PortfolioTurnoverTextBlock The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 49% of the average value of its portfolio.
Portfolio Turnover Rate rr_PortfolioTurnoverRate 49.00%
Example, heading rr_ExpenseExampleHeading Example
Expense Example, Narrative rr_ExpenseExampleNarrativeTextBlock

This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and the Fund's operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:

Strategy, Heading rr_StrategyHeading Principal Investment Strategies
Strategy, Narrative rr_StrategyNarrativeTextBlock

Davis Selected Advisers, L.P. ("Davis Advisors" or the "Adviser"), the Fund's investment adviser, uses the Davis Investment Discipline to invest Selected International Fund's portfolio principally in common stocks (including indirect holdings of common stock through depositary receipts) issued by foreign companies, including countries with developed or emerging markets. The Fund may invest in large, medium, or small companies without regard to market capitalization. The Fund will invest significantly (at least 40%of total assets under normal market conditions and at least 30% of total assets if market conditions are not deemed favorable) in issuers: (i) organized or located outside of the U.S.; (ii) whose primary trading market is located outside the U.S.; or (iii) doing a substantial amount of business outside the U.S., which the Fund considers to be a company that derives at least 50% of its revenue from business outside the U.S. or has at least 50% of its assets outside the U.S. Under normal market conditions the Fund will invest in issuers representing at least three different countries.

Davis Investment Discipline. Davis Advisors manages equity funds using the Davis Investment Discipline. Davis Advisors conducts extensive research to try to identify businesses that possess characteristics that Davis Advisors believes foster the creation of long-term value, such as proven management, a durable franchise and business model, and sustainable competitive advantages. Davis Advisors aims to invest in such businesses when they are trading at discounts to their intrinsic worth. Davis Advisors emphasizes individual stock selection and believes that the ability to evaluate management is critical. Davis Advisors routinely visits managers at their places of business in order to gain insight into the relative value of different businesses. Such research, however rigorous, involves predictions and forecasts that are inherently uncertain. After determining which companies Davis Advisors believes the Fund should own, Davis Advisors then turns its analysis to determining the intrinsic value of those companies' equity securities. Davis Advisors seeks companies whose equity securities can be purchased at a discount from Davis Advisors' estimate of the company's intrinsic value based upon fundamental analysis of cash flows, assets and liabilities, and other criteria which Davis Advisors deems to be material on a company-by-company basis. Davis Advisors' goal is to invest in companies for the long term (ideally, five years or longer, although this goal may not be met). Davis Advisors considers selling a company's equity securities if the securities' market price exceeds Davis Advisors' estimates of intrinsic value, if the ratio of the risks and rewards of continuing to own the company's equity securities is no longer attractive, to raise cash to purchase a more attractive investment opportunity, to satisfy net redemptions, or other purposes.

Portfolio Concentration rr_StrategyPortfolioConcentration The Fund may not concentrate its investments in the securities of issuers primarily engaged in any particular industry.
Risk, Heading rr_RiskHeading Principal Risks of Investing in Selected International Fund
Risk, Narrative rr_RiskNarrativeTextBlock

You may lose money by investing in Selected International Fund. Investors in the Fund should have a long-term perspective and be able to tolerate potentially sharp declines in value. The principal risks of investing in the Fund are:

  • Common Stock Risk. Common stock represents an ownership position in a company. An adverse event may have a negative impact on a company and could result in a decline in the price of its common stock. Common stock is generally subordinate to an issuer's other securities, including preferred, convertible, and debt securities.
  • Depositary Receipts Risk. Depositary receipts, consisting of American Depositary Receipts, European Depositary Receipts, and Global Depositary Receipts, are certificates evidencing ownership of shares of a foreign issuer. Depositary receipts are subject to many of the risks associated with investing directly in foreign securities. Depositary receipts may trade at a discount, or a premium, to the underlying security and may be less liquid than the underlying securities listed on an exchange.
  • Emerging Market Risk. Securities of issuers in emerging and developing markets may offer special investment opportunities, but present risks not found in more mature markets. These securities may be more volatile and less liquid, which may also make them more difficult to value, than securities issued in countries with developed economies.
  • Fees and Expenses Risk. The Fund may not earn enough through income and capital appreciation to offset the operating expenses of the Fund. All mutual funds incur operating fees and expenses. Fees and expenses reduce the return that a shareholder may earn by investing in a fund, even when a fund has favorable performance. A low return environment, or a bear market, increases the risk that a shareholder may lose money.
  • Foreign Country Risk. Securities of foreign companies (including ADRs) may be subject to greater risk as foreign economies may not be as strong or diversified, foreign political systems may not be as stable, and foreign financial reporting standards may not be as rigorous as they are in the United States. There may also be less information publicly available regarding the non-U.S. issuers and their securities. These securities may be less liquid (and, in some cases, may be illiquid) and could be harder to value than more liquid securities.
  • Foreign Currency Risk. The change in value of a foreign currency against the U.S. dollar will result in a change in the U.S. dollar value of securities denominated in that foreign currency. For example, when the Fund holds a security that is denominated in a foreign currency, a decline of that foreign currency against the U.S. dollar would generally cause the value of the Fund's shares to decline.
  • Headline Risk. The Fund may invest in a company when the company becomes the center of controversy after receiving adverse media attention concerning its operations, long-term prospects, or management or for other reasons. While Davis Advisors researches companies subject to such contingencies, it cannot be correct every time, and the company's stock may never recover or may become worthless.
  • Large-Capitalization Companies Risk. Companies with $10 billion or more in market capitalization are considered by the Adviser to be large-capitalization companies. Large-capitalization companies generally experience slower rates of growth in earnings per share than do mid- and small-capitalization companies.
  • Manager Risk. Poor security selection or focus on securities in a particular sector, category, or group of companies may cause the Fund to underperform relevant benchmarks or other funds with a similar investment objective.
  • Mid- and Small-Capitalization Companies Risk. Companies with less than $10 billion in market capitalization are considered by the Adviser to be mid- or small-capitalization companies. Mid- and small- capitalization companies typically have more limited product lines, markets, and financial resources than larger companies, and their securities may trade less frequently and in more limited volume than those of larger, more mature companies.
  • Stock Market Risk. Stock markets tend to move in cycles, with periods of rising prices and periods of falling prices, including the possibility of sharp declines.
Your investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency, entity, or person.
May Lose Money rr_RiskLoseMoney Your investment is not guaranteed and you may lose money.
Not Insured Depository Institution rr_RiskNotInsuredDepositoryInstitution Your investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency, entity or person.
Bar Chart and Performance Table, Heading rr_BarChartAndPerformanceTableHeading Performance Results
Performance, Information Illustrates Variability of Returns rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart below provides some indication of the risks of investing in Selected International Fund by showing how the Fund's investment results have varied from year to year.
Performance, Availability by Phone rr_PerformanceAvailabilityPhone 1-800-243-1575
Performance, Availability at Web Site Address rr_PerformanceAvailabilityWebSiteAddress www.selectedfunds.com
Performance, Past Does Not Indicate Future rr_PerformancePastDoesNotIndicateFuture The Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.
Bar Chart, Heading rr_BarChartHeading Calendar Year Total Returns for Class S Shares
Bar Chart, Narrative rr_BarChartNarrativeTextBlock

The bar chart below provides some indication of the risks of investing in Selected International Fund by showing how the Fund's investment results have varied from year to year. The following table shows how the Fund's average annual total returns for the periods indicated compare with those of the MSCI ACWI (All Country World Index) ex USA, a broad-based securities market index. Selected International Fund made favorable investments in initial public offerings (IPO), which had material impacts on the investment performance in 2010 and 2014. The rapid appreciation was an unusual occurrence and such performance may not continue in the future. The Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. Updated information on the Fund's results can be obtained by visiting www.selectedfunds.com or by calling 1-800-243-1575.

From the date that Davis Advisors first began managing the Fund (May 1, 1993) until May 1, 2011, Selected International Fund was named Selected Special Shares and invested primarily in domestic equity securities. In the future, the Fund is expected to invest primarily in foreign equity securities and the past performance of the Fund is unlikely to be relevant to future performance.

After-tax returns are shown only for Class S shares; after-tax returns for Class D shares will vary. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through a tax-deferred arrangement, such as a 401(k) plan or an individual retirement account.

Performance Table: rr_PerformanceTableHeading Selected International Fund Average Annual Total Returns
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred after-tax returns shown are not relevant to investors who hold their fund shares through a tax-deferred arrangement, such as a 401(k) plan or an individual retirement account.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock for the periods ended December 31, 2016
Document Type dei_DocumentType 485BPOS
Period End Date dei_DocumentPeriodEndDate Dec. 31, 2016
Registrant Name dei_EntityRegistrantName SELECTED INTERNATIONAL FUND, INC.
CIK dei_EntityCentralIndexKey 0000084237
Amendment dei_AmendmentFlag false
Creation Date dei_DocumentCreationDate May 01, 2017
Effective Date dei_DocumentEffectiveDate May 01, 2017
Prospectus Date rr_ProspectusDate May 01, 2017
After taxes on distributions | Selected International Fund | Selected International Fund - Class S  
Risk/Return: rr_RiskReturnAbstract  
1 YEAR rr_AverageAnnualReturnYear01 (0.29%)
5 YEARS rr_AverageAnnualReturnYear05 6.98%
10 YEARS rr_AverageAnnualReturnYear10 (0.59%)
After taxes on distributions and sale of fund shares | Selected International Fund | Selected International Fund - Class S  
Risk/Return: rr_RiskReturnAbstract  
1 YEAR rr_AverageAnnualReturnYear01 (0.16%)
5 YEARS rr_AverageAnnualReturnYear05 5.77%
10 YEARS rr_AverageAnnualReturnYear10 0.06%
MSCI ACWI ex USA | Selected International Fund  
Risk/Return: rr_RiskReturnAbstract  
1 YEAR rr_AverageAnnualReturnYear01 4.50%
5 YEARS rr_AverageAnnualReturnYear05 5.00%
10 YEARS rr_AverageAnnualReturnYear10 0.96%
[1] <i> The Adviser is contractually committed to waive fees and/or reimburse the Fund's expenses to the extent necessary to cap total annual fund operating expenses of Class S shares at 1.30%. The expense cap expires May 1, 2018. After that date there, is no assurance that the Adviser will continue to cap expenses. The expense cap cannot be terminated prior to May 1, 2018, without the consent of the board of directors. </i>
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