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Davis Select Financial ETF
DFNL (Davis Select Financial ETF) is an active Financial Services Equity ETF by Davis. With a 0.61% MER, it provides diversified exposure through 28 holdings. Annual distribution with a 1.47% yield.
DFNL is actively managed by Davis's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.61% MER, its fees are in line with category averages.
This sector ETF works well as a satellite position to overweight a specific sector within an already diversified portfolio.