Avantis Reaches Three-Year Anniversary, Continues to Expand Offering

Sept. 29, 2022 - Kansas City, Mo. - This week, Avantis Investors^®, an investment offering from global asset manager American Century Investments^®, 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 in assets under management at the three-year mark, and Avantis collectively now manages nearly $14 billion* across 16 strategies.

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, Ph.D. and Chief Operating Officer Patrick Keating, CFA, CPA have led Avantis since its start.

Avantis Investors continues to expand its investment lineup to serve a broader set of investor goals

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) and Avantis All Equity Markets ETF (AVGE). Both funds seek long-term capital appreciation.

“Avantis exists to take commonsense investment principles and incorporate the latest academic research to build investment strategies. This framework determines how we build our strategies, but the tremendous relationships we’ve formed with our clients over the last three years sets the direction for what 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.”

Avantis Inflation Focused Equity ETF and Avantis All Equity Markets ETF serve specific needs

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,”¹ 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.

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%². Repetto, senior portfolio managers Mitchell Firestein, Daniel Ong, and Ted Randall; and associate portfolio manager Matthew Dubin will co-manage the funds.

The two new strategies add to Avantis Investors’ lineup of ETFs and mutual funds spanning equities, fixed income, and real estate. Current Avantis strategies include:

• AVANTIS CORE FIXED INCOME ETF (AVIG) and MUTUAL FUND (AVIGX);

• AVANTIS CORE MUNICIPAL FIXED INCOME ETF (AVMU) and MUTUAL FUND (AVMUX);

• AVANTIS EMERGING MARKETS EQUITY ETF (AVEM) and MUTUAL FUND (AVEEX);

• AVANTIS EMERGING MARKETS VALUE ETF (AVES);

• AVANTIS INTERNATIONAL EQUITY ETF (AVDE) and MUTUAL FUND (AVDEX);

• AVANTIS INTERNATIONAL LARGE CAP VALUE ETF (AVIV);

• AVANTIS INTERNATIONAL SMALL CAP VALUE ETF (AVDV) and MUTUAL FUND (AVDVX);

• AVANTIS REAL ESTATE ETF (AVRE);

• AVANTIS RESPONSIBLE EMERGING MARKETS EQUITY ETF (AVSE);

• AVANTIS RESPONSIBLE INTERNATIONAL EQUITY ETF (AVSD);

• AVANTIS RESPONSIBLE U.S. EQUITY ETF (AVSU);

• AVANTIS SHORT-TERM FIXED INCOME ETF (AVSF) and MUTUAL FUND (AVSFX);

• AVANTIS U.S. EQUITY ETF (AVUS) and MUTUAL FUND (AVUSX)

• AVANTIS U.S. LARGE CAP VALUE ETF (AVLV) and MUTUAL FUND (AVLVX);

• AVANTIS U.S. SMALL CAP EQUITY ETF (AVSC); and

• AVANTIS U.S. SMALL CAP VALUE ETF (AVUV) and MUTUAL FUND (AVUVX)

About American Century Investments

American Investments is a leading global asset manager focused on delivering investment results and building long-term client relationships while supporting breakthrough medical research. Founded in 1958, American Century Investments' 1,400 employees serve financial professionals, institutions, corporations and individual investors from offices in New York; London; Frankfurt; Hong Kong; Sydney; Santa Clara, Calif.; and Kansas City, Mo. Jonathan Thomas is president and chief executive officer, and Victor Zhang serves as chief investment officer. Delivering investment results to clients enables American Century Investments to distribute over 40 percent of its dividends to the Stowers Institute for Medical Research, a 500-person, non-profit basic biomedical research organization. The Institute owns more than 40 percent of American Century Investments and has received dividend payments of $1.87 billion since 2000. For more information about American Century Investments, visit americancentury.com.

* Assets under supervision as of 8/31/2022.

¹ The fund’s performance and risks reflect the performance and risks of the underlying funds in which it invests. By investing in underlying funds, the primary fund becomes a shareholder of the underlying fund and bears its proportionate share of the underlying fees and expenses.

² The advisor has agreed to waive 0.02 percentage points of Avantis All Equity Markets ETF (AVGE) management fee. The advisor expects this waiver to continue until September 20, 2023 and cannot terminate it prior to such date without the approval of the Board of Trustees.

AVIE:

AVGE: