Dimensional Australian Value Trust - Active ETF

The Dimensional Australian Value Trust - Active ETF (DAVA) is an investment fund that focuses on buying shares in Australian companies that are considered undervalued, meaning their stock prices are lower than what the fund managers believe they should be. Instead of following a specific market index, this ETF uses an active management approach, where expert fund managers carefully select stocks based on their potential for growth and value. The goal is to achieve better returns by identifying and investing in companies that have strong fundamentals but are currently overlooked by the market. With a management fee of 0.34%, this ETF offers a cost-effective way for investors to potentially benefit from the growth of undervalued Australian companies.