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 0.63 %
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 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 October 2020
Asset Under Management 295.78 Million (USD)
1 Month Total Return 9.85 %
Year To Date Return 9.56 %
1 Year Total Return 20.90 %
3 Year Annualized Total Return 5.77 %
NAV 27.3872
Share Outstanding 10,800,000
Top 10 Holdings (22 October 2020)
Constituent Name Constituent Ticker Constituent Type Weighting
NEW ORIENTAL EDUCATIO-SP ADR EDU EQUI 0.0826
ALIBABA GROUP HOLDING-SP ADR BABA EQUI 0.0649
ALPHABET INC-CL C GOOG EQUI 0.064
CAPITAL ONE FINANCIAL CORP COF EQUI 0.0519
JD.com, Inc., Class A, ADR JD EQUI 0.0493
FACEBOOK INC-CLASS A FB EQUI 0.0468
WELLS FARGO & CO WFC EQUI 0.0438
APPLIED MATERIALS INC AMAT EQUI 0.0419
Meituan, Class B 3690 EQUI 0.0418
BERKSHIRE HATHAWAY INC-CL B BRK/B EQUI 0.0415