DFNL
Davis Select Financial ETF
📎 Investment Objective
The Davis Select Financial ETF (DFNL) seeks to provide long-term capital growth by investing primarily in financial services companies.
Overview
ETF tracking Davis Select Financial ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Davis Select Financial ETF (DFNL) seeks to provide long-term capital growth by investing primarily in financial services companies.
🎯 Investment Strategy
The fund invests in a concentrated portfolio of financial services companies that the portfolio managers believe are undervalued and have the potential for long-term growth. The managers use fundamental, bottom-up research to identify companies they believe are well-positioned to benefit from long-term industry trends.
✨ Key Features
- Focuses on financial services companies, including banks, insurance providers, and other financial institutions
- Actively managed, concentrated portfolio of 30-40 holdings
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Sector concentration risk: As a sector-specific fund, DFNL is more susceptible to factors affecting the financial services industry
- Market risk: The value of the fund's holdings may decline due to general market conditions
- Liquidity risk: The fund may have difficulty selling certain holdings, especially in volatile or uncertain market conditions
- Management risk: The fund's performance depends on the skills and decisions of the portfolio managers
👤 Best For
DFNL may be suitable for investors seeking long-term capital growth through exposure to the financial services sector, and who have a higher risk tolerance and a long-term investment horizon. Investors should be aware of the fund's sector concentration and limited performance history.