DWLD

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 (including indirect holdings of common stock through depositary receipts) issued by both United States and 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. 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 Worldwide ETF
Fund Exchange Ticker DWLD
Fund Sponsor Davis Advisors
Fund ISIN US23908L3069
Net Expense Ratio 0.65 %
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 Global or ExUS Equities - Broad / Regional
Asset Class Equities (Stocks)
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Market Capitalization Range Large Cap
Growth Value Core / Blend
Continent Not Applicable
Key Statistics
Return As of Date 22 March 2019
Asset Under Management 200.02 Million (USD)
1 Month Total Return 0.98 %
Year To Date Return 16.42 %
1 Year Total Return -12.65 %
3 Year Annualized Total Return
NAV 22.729
Share Outstanding 8,800,000
Top 10 Holdings (22 March 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
ALPHABET INC-CL C GOOG EQUI 0.0756
AMAZON.COM INC AMZN EQUI 0.064
NEW ORIENTAL EDUCATIO-SP ADR EDU EQUI 0.0633
ALIBABA GROUP HOLDING-SP ADR BABA EQUI 0.0614
NASPERS LTD-N SHS NPN EQUI 0.0569
JD.com Inc. Class A ADR JD EQUI 0.0543
HOLLYSYS AUTOMATION TECHNOLO HOLI EQUI 0.0469
BERKSHIRE HATHAWAY INC-CL B BRK/B EQUI 0.0456
FERGUSON PLC FERG EQUI 0.0451
WELLS FARGO & CO WFC EQUI 0.0451