David Katz, who oversees $960 million for the Matrix Advisors Value Fund, is finding bargains across the board during the market selloff.
"We do like the market here and think the selloff has created some compelling buys," said Katz, advising investors to keep the recent losses in perspective and not get caught up in the "doom and gloom."
In the past month, the S&P 500 is down 5 percent while other major benchmarks like the Russell 2000 and Nasdaq Composite fell by more than 7.5 percent.
"It's not fun buying into a selloff, but there's a great likelihood that three to nine months out these buys will be profitable," Katz noted.
Here's how the investor is putting money to work: