Definitive Materials Filed by Investment Companies. (497)
30 Oktober 2013 - 9:32PM
Edgar (US Regulatory)
Supplement dated November 1, 2013
To
SELECTED DAILY
GOVERNMENT FUND
An authorized series of
SELECTED CAPITAL PRESERVATON TRUST
Prospectus dated May 1, 2013
At a
meeting held on October 25, 2013, the Board of Trustees of Selected Daily Government Fund (SDGF), including the Trustees who are not interested persons (the Independent Directors), as that term is defined in
Section 2(a)(19) of the 1940 Act, considered and approved an Agreement and Plan of Reorganization and Liquidation. If the Reorganization is approved at a Special meeting of shareholders, shareholders of SDGF will become shareholders of Davis
Government Money Market Fund (DGMMF). SDGF and DGMMF are both money market funds (both seek to maintain a $1.00 net asset value per share) investing exclusively in U.S. Treasury securities, U.S. Government agency securities, U.S.
Government agency mortgage securities (collectively U.S. Government Securities), and repurchase agreements collateralized by U.S. Government Securities. Both Funds have the same investment adviser, Davis Selected Advisers, L.P.
(Davis). Both SDGF and DGMMF are managed by the same portfolio manager.
A Special Meeting of shareholders of SDGF and at any adjournments
thereof (each a Special Meeting) will be held on December 16, 2013, at 8:30 a.m. Mountain Standard Time at the offices of Davis Selected Advisers, L.P., (Davis) 3601 East Britannia, Tucson, Arizona, 85706.
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