DWLD Profile
The Davis Select Worldwide ETF employs a strategic investment approach guided by the Davis Investment Discipline, focusing on common stocks from both domestic and international markets. The fund is designed to achieve global diversification by investing in a broad range of companies based in developed and emerging markets worldwide. This approach allows the fund to capture growth opportunities across various regions and sectors, potentially enhancing returns while spreading investment risk.
The portfolio management team targets investments in common stocks of companies that are either organized or headquartered outside the United States, have primary trading markets located abroad, or conduct substantial business internationally. Specifically, the fund places significant emphasis on companies that generate at least 50% of their revenue from operations outside the U.S. or have at least 50% of their assets located outside the U.S. This focus aligns with the fund’s objective to leverage global market growth and diversification benefits.
By investing in companies with substantial international exposure, the Davis Select Worldwide ETF seeks to benefit from global economic trends and opportunities that may not be fully captured by domestic-focused investments. This includes tapping into emerging markets with high growth potential and developed markets with stable returns. The fund's global approach aims to balance potential risks and rewards by spreading investments across different geographic regions and sectors.
The fund's investment strategy is designed to adapt to varying market conditions and economic cycles, leveraging the expertise of the Davis Investment Discipline to identify attractive global opportunities. This strategy includes rigorous analysis and selection of international equities that meet specific criteria for revenue and asset exposure, ensuring that the fund remains well-positioned to achieve its investment goals while providing comprehensive global diversification.
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