As many consider various market segments in this thriving bull market, exchange traded fund investors should focus on the financial sector.
On the upcoming webcast, Does the Bull Market Still Have Legs?, Christopher Davis, Chairman and Portfolio Manager of Davis Advisors, will help advisors learn how to find value and to fine tune stock selections, notably in the financial sector as a top area of potential growth.
For example, Davis Advisors recently launched the sector-specific, actively managed Davis Select Financial ETF (NasdaqGM: DFNL) to gain exposure to the U.S. financial sector.
DFNL includes the best-of-breed financial companies. The portfolio holds between 15 and 35 companies, it currently holds 25 positions. The ETF is comprised of diversified financials 43.6%, insurance 28.4%, banks 19.3% and information technology 8.2%, with top holdings including Merkel Corp 6.9%, American Express 6.0% and Loews Corp 5.8%.
The financial sector-specific play is seen as a part of Davis Advisors’ broader focus on opportunities with more cheaply valuated areas of the market, which is particularly relevant given the extend bull run in equities that has pushed valuations toward historic highs.