Avantis Investors® Launches U.S. Large Cap Value Fund

June 21, 2022 - Kansas City, Mo. - Avantis Investors^® , a $12.5 billion* investment offering from global asset manager American Century Investments, announces the further expansion of its investment capabilities with the launch of AVANTIS^®  U.S. LARGE CAP VALUE FUND >.

The fund, which will be available in multiple share classes, relies on a proprietary systematic investment approach that combines the latest in financial science with common sense investment principles..

The fund has a similar investment strategy and pricing as its ETF counterpart, Avantis U.S. Large Cap Value ETF (AVLV), which launched in Sept. 2021.

"From day one, our goal was offering a choice of vehicles for clients. While we have seen many more investors embrace ETFs, mutual funds are still widely used in retirement plans. It's always a privilege to have clients ask you to create a product, so we are happy to launch this mutual fund," said Philip McInnis, Chief Investment Strategist at Avantis. The fund will be co-managed by Chief Investment Officer Eduardo Repetto and Senior Portfolio Managers Ted Randall, Mitchell Firestein and Daniel Ong, CFA.

Following is information on the new fund:

Name: Avantis® U.S. Large Cap Value Fund

Expense Ratio: 0.15%

Strategy: Invests primarily in a diverse group of U.S. companies across market sectors and industry groups. The fund seeks securities of companies that it expects to have higher returns by placing an enhanced emphasis on securities of companies it defines as high profitability or value companies.

Avantis® U.S. Large Cap Value Fund joins Avantis Investors' lineup of eight other ETFs with corresponding mutual funds: Avantis® Core Fixed Income ETF; Avantis® Core Municipal Fixed Income ETF; Avantis® Emerging Markets Equity ETF; Avantis® International Equity ETF; Avantis® International Small Cap Value ETF; Avantis® Short-Term Fixed Income ETF; Avantis® U.S. Equity ETF and Avantis® U.S. Small Cap Value ETF.

Avantis Investors, established to help 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, is led by Repetto and Chief Operating Officer Patrick Keating, CFA, CPA.

About American Century Investments

American Century 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; Mountain View, 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 $1.8 billion since 2000. For more information about American Century Investments, visit www.americancentury.com.

* Assets under supervision as of 6/7/2022.

You should consider the fund's investment objectives, risks, charges and expenses carefully before you invest. The fund's prospectus or summary prospectus, which can be obtained by visiting Avantisinvestors.com or by calling 833-928-2684, contains this and other information about the fund, and should be read carefully before investing. Investments are subject to market risk.

Exchange Traded Funds (ETF) are bought and sold through exchange trading at market price (not NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.

These funds are actively managed ETFs that do not seek to replicate the performance of a specified index. To determine whether to buy or sell a security, the portfolio managers consider, among other things, various fund requirements and standards, along with economic conditions, alternative investments, interest rates and various credit metrics. If the portfolio manager considerations are inaccurate or misapplied, the fund's performance may suffer.

Investment return and principal value of security investments will fluctuate. The value at the time of redemption may be more or less than the original cost. Past performance is no guarantee of future results.

IRS Circular 230 Disclosure: American Century Companies, Inc. and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein (including any attachments) is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with American Century Companies, Inc. of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties.

This information is for educational purposes only and is not intended as tax advice. Please consult your tax advisor for more detailed information or for advice regarding your individual situation.

Exchange Traded Funds (ETFs): Foreside Fund Services, LLC – Distributor, not affiliated with American Century Investment Services, Inc.

Mutual Funds: American Century Investment Services, Inc., Distributor

©2022 American Century Proprietary Holdings, Inc