“With so many new ETFs coming to market, many think it is a broad new strategy,” Kittsley said, clarifying that the fund is not a new smart beta strategy but an actively managed ETF that reflects Davis’ traditional investment methodology. “It is the same strategy and same team.”

Top holdings as of March 2 include Naspers Ltd., Alibaba Group Holding Ltd. and Hollysys Automation Technologies Ltd.

Davis Advisors focuses on long-term opportunities that incorporate the money manager’s judgement experience, high conviction, low turnover, accountability and alignment. The Davis team screens for fundamental characteristics, including cash flows assets and liabilities, and other criteria.

Davis focuses on durable businesses with above average margin returns, strong competitive advantages and durability. Companies also have to show strong management that have been in place for over five years as long-term investors can be sure that these are ethical, honest people that will help the business last. Additionally, the management team will determine valuation or what’s the right price of the company, targeting long-term free cash flow of businesses, owner earnings and how durable the cash is available.

DINT “really is true active management based on a strategy that has been around for decades but in an ETF format,” Kittsley added.

For more information on new fund products, visit our new ETFs category.