{"id":690367,"date":"2022-09-29T10:17:15","date_gmt":"2022-09-29T14:17:15","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/avantis-reaches-three-year-anniversary-continues-to-expand-offering\/"},"modified":"2022-09-29T10:17:15","modified_gmt":"2022-09-29T14:17:15","slug":"avantis-reaches-three-year-anniversary-continues-to-expand-offering","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/avantis-reaches-three-year-anniversary-continues-to-expand-offering\/","title":{"rendered":"AVANTIS REACHES THREE-YEAR ANNIVERSARY, CONTINUES TO EXPAND OFFERING"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n KANSAS CITY, Mo.<\/span>
\n <\/span>, Sept. 29, 2022<\/span><\/span> \/PRNewswire\/ —\u00a0This week, Avantis Investors<\/a>\u00ae<\/sup>, an investment offering from global asset manager American Century Investments\u00ae<\/sup>, reached the three-year anniversary of bringing its first five equity ETFs to the market. Each of the five initial Avantis ETFs has surpassed $1 billion<\/span> in assets under management at the three-year mark, and Avantis collectively now manages nearly $14 billion<\/span>* across 16 strategies.<\/p>\n

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\n \"Patrick
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\n Ticker<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

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\n ETF<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

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\n AUM ($M) as of 8\/31\/22<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

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\n Net Expense Ratio (%)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

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\n AVUS<\/span>\n <\/p>\n<\/td>\n

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\n Avantis U.S. Equity ETF<\/span>\n <\/p>\n<\/td>\n

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\n $2,521<\/span>\n <\/p>\n<\/td>\n

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\n 0.15<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

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\n AVUV<\/span>\n <\/p>\n<\/td>\n

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\n Avantis U.S. Small Cap Value ETF<\/span>\n <\/p>\n<\/td>\n

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\n $3,631<\/span>\n <\/p>\n<\/td>\n

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\n 0.25<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

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\n AVDE<\/span>\n <\/p>\n<\/td>\n

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\n Avantis International Equity ETF<\/span>\n <\/p>\n<\/td>\n

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\n $1,505<\/span>\n <\/p>\n<\/td>\n

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\n 0.23<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

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\n AVDV<\/span>\n <\/p>\n<\/td>\n

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\n Avantis International Small Cap Value ETF<\/span>\n <\/p>\n<\/td>\n

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\n $1,669<\/span>\n <\/p>\n<\/td>\n

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\n 0.36<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

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\n AVEM<\/span>\n <\/p>\n<\/td>\n

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\n Avantis Emerging Markets ETF<\/span>\n <\/p>\n<\/td>\n

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\n $1,322<\/span>\n <\/p>\n<\/td>\n

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\n 0.33<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

Avantis helps clients achieve their investment goals through a persistent focus on providing well-diversified investment solutions that fit seamlessly into asset allocations and combine the potential for added value with the reliability of indexing. Chief Investment Officer Eduardo Repetto<\/span>, PhD <\/a>\u00a0and Chief Operating Officer Patrick Keating<\/span>, CFA, CPA<\/a> have led Avantis since its start.<\/p>\n

\n Avantis Investors continues to expand its investment lineup to serve a broader set of investor goals<\/b>\n <\/div>\n

Today, Avantis expands its exchange traded fund (ETF) platform with the listing of two new transparent active strategies: the Avantis Inflation Focused Equity ETF (AVIE)<\/a> and Avantis All Equity Markets ETF (AVGE)<\/a>. Both funds seek long-term capital appreciation.<\/p>\n

“Avantis exists to take commonsense investment principles and incorporate the latest academic research to build investment strategies. This framework determines how<\/i> we build our strategies, but the tremendous relationships we’ve formed with our clients over the last three years sets the direction for what<\/i> we build,” said Repetto. “With a focus on clients and their goals, we built AVIE to address the needs of investors who are sensitive to inflation but still want equity-like returns, and AVGE, as our first fund of funds, to fill a gap for clients looking for a single option for total-market equity exposure with an emphasis on higher expected returns.”<\/p>\n

\n Avantis Inflation Focused Equity ETF and Avantis All Equity Markets ETF serve specific needs <\/b>\n <\/div>\n

AVIE focuses on equity investments that are expected to appreciate during inflationary periods, prioritizing industries with historical or future long-term correlation to inflation such as financial services, petroleum and natural gas, metal and non-metallic mining, among others. AVGE, Avantis’ first “fund of funds,” invests in other Avantis equity ETFs, maintaining a strategic allocation across geographies and a home bias toward the U.S. The underlying funds will provide broad diversification and aims to offer greater emphasis on companies with higher expected returns than a passive, market-cap weighted index.<\/p>\n

Both AVIE and AVGE will trade on the New York Stock Exchange (NYSE Arca, Inc.). The total annual fund operating expenses for AVIE are 0.25% and for AVGE are 0.23%. Repetto, senior portfolio managers Mitchell Firestein<\/span><\/a>, Daniel Ong<\/span><\/a>, and Ted Randall<\/span><\/a>; and associate portfolio manager Matthew Dubin<\/span><\/a> will co-manage the funds.<\/p>\n

\u00a0The two new strategies add to Avantis Investors’ lineup of ETFs and mutual funds spanning equities, fixed income, and real estate. Current Avantis strategies include:<\/p>\n