DUSA

Fund Description
The Fund is an actively managed exchange-traded fund ( ETF ). Davis Selected Advisers, L.P. ( Davis Advisors or the Adviser ), the Fund s investment adviser, uses the Davis Investment Discipline to invest the Fund s portfolio principally in common stocks issued by large companies with market capitalizations of at least $10 billion. Under normal market conditions, the Fund will invest at least 80% of the Fund s net assets plus any borrowings for investment purposes in equity securities issued by U.S. companies. The Fund is non-diversified and, therefore, is allowed to focus its investments in fewer companies than a fund that is required to diversify its portfolio. The Fund s portfolio generally contains between 15 and 35 companies, although the precise number of its investments will vary over time. The Fund may invest a portion of its assets in financial services companies. The Fund may also invest in mid- and small-capitalization companies, which the Fund considers to be those companies with less than $10 billion in market capitalization. The Fund may invest up to 20% of net assets in non-U.S. companies. These non-U.S. company investments may include American Depositary Receipts ( ADRs ) and Global Depositary Receipts ( GDRs and together Depositary Receipts ). Depositary Receipts are receipts that represent ownership of shares of a non-U.S. issuer held in trust by a bank or similar financial institution.
Fund Profile
Fund Name Davis Select U.S. Equity ETF
Fund Exchange Ticker DUSA
Fund Sponsor Davis Advisors
Fund ISIN US23908L2079
Net Expense Ratio 0.63 %
Fund Inception Date 11 January 2017
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Broad Market & Size
Asset Class Equities (Stocks)
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Large Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 17 June 2019
Asset Under Management 187.49 Million (USD)
1 Month Total Return -2.13 %
Year To Date Return 14.44 %
1 Year Total Return -4.10 %
3 Year Annualized Total Return
NAV 22.8647
Share Outstanding 8,200,000
Top 10 Holdings (14 June 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
BERKSHIRE HATHAWAY INC-CL B BRK/B EQUI 0.1049
AMAZON.COM INC AMZN EQUI 0.1039
ALPHABET INC-CL C GOOG EQUI 0.095
CAPITAL ONE FINANCIAL CORP COF EQUI 0.0696
UNITED TECHNOLOGIES CORP UTX EQUI 0.0685
NEW ORIENTAL EDUCATIO-SP ADR EDU EQUI 0.0539
AMERICAN EXPRESS CO AXP EQUI 0.0474
WELLS FARGO & CO WFC EQUI 0.0465
US BANCORP USB EQUI 0.0424
JPMORGAN CHASE & CO JPM EQUI 0.0417