DAVIS ETFs

February 26, 2018

State Street Bank and Trust Company

One Heritage Drive

North Quincy MA 02171

Attention: Brian Currier, Assistant Vice President

Re:  DAVIS FUNDAMENTAL ETF TRUST (the "Fund")

Ladies and Gentlemen:

Please be advised that the undersigned Fund has established a new series of shares to be known as Davis Select International ETF (the "Portfolio").

In accordance with Section 18, the Additional Funds provision, of the Custodian Agreement dated as of September 5, 2000, as amended, modified, or supplemented from time to time (the "Agreement"), by and among each registered investment company party thereto, and State Street Bank and Trust Company ("State Street"), the undersigned Fund hereby requests that State Street act as Custodian for the new Portfolio under the terms of the Agreement.  Accordingly, Exhibit A as attached hereto shall supersede Exhibit A as it currently exists.

Please indicate your acceptance of the foregoing by executing two copies of this letter agreement, returning one to the Fund and retaining one for your records.

Sincerely,

DAVIS FUNDAMENTAL ETF TRUST

                      on behalf of:

DAVIS SELECT INTERNATIONAL ETF

By:/s/ Douglas Haines

Name:           Douglas Haines

Title:             Vice President, Duly Authorized

Agreed and Accepted:

STATE STREET BANK AND TRUST COMPANY

By:        /s/ Andrew Erickson

Name:   Andrew Erickson

Title:     Executive Vice President, Duly Authorized

Effective Date:March 1, 2018

Exhibit A

(As revised February 26, 2018)

Fund	Portfolio Name
Davis Series, Inc.	Davis Government Bond Fund
	Davis Opportunity Fund
	Davis Government Money Market Fund
	Davis Financial Fund
	Davis Appreciation & Income Fund
	Davis Real Estate Fund
Selected American Shares, Inc.
Selected International Fund, Inc.
Davis Variable Account Fund, Inc.	Davis Value Portfolio
	Davis Real Estate Portfolio
	Davis Financial Portfolio
Clipper Funds Trust	Clipper Fund
Davis New York Venture, Inc.	Davis New York Venture Fund
	Davis Research Fund
	Davis Global Fund
	Davis International Fund
Davis Fundamental ETF Trust	Davis Select U.S. Equity ETF
	Davis Select Financial ETF
	Davis Select Worldwide ETF
	Davis Select International ETF