Avantis Logo
AVEEX

Avantis Emerging Markets Equity Fund

NAV
$11.12
as of 02/20/2024
1 Day NAV Change
Direction arrow up $0.03 (0.27%)
as of 02/20/2024
YTD NAV
Total Return
-3.25
as of 01/31/2024
Gross Expense Ratio
0.34%
as of 01/01/2024
Net Expense Ratio
0.34%
as of 01/01/2024

Performance data represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value fluctuate. Redemption may be worth more or less than the original cost. Returns less than one year are not annualized.

    Why AVEEX?

    • Invests in a broad set of companies of all market capitalizations across emerging market countries and is designed to increase expected returns* by overweighting securities believed to be trading at lower valuations with higher profitability ratios**.

    • Pursues the benefits associated with indexing (diversification, low turnover, transparency of exposures), but with the ability to add value by making investment decisions using information in current prices.

    • Efficient portfolio management and trading process that is designed to enhance returns and seeks to reduce unnecessary risks and costs.

    • Built to fit seamlessly into an investor's asset allocation.

    Fund Facts

    Ticker
    AVEEX
    Objective
    Seeks long-term capital appreciation.
    Inception Date
    12/04/2019
    # of Holdings
    3022
    as of 12/31/2023
    Share Class
    Institutional Class
    CUSIP
    025072869
    Total Assets
    $337,758,022.45
    as of 02/20/2024
    Distribution Frequency
    Annual

    Performance

    To view month-end or historical performance, use the drop-down below.

    As of:
        01/31/2024

    TOTAL RETURN

    CUMULATIVE
    AVERAGE ANNUAL
    Info icon
    YTD% 1 MO 3 MO 1 YR 3 YR 5 YR 10 YR LIFE
    AVEEX
    -3.25%-3.25%9.42%3.02%-1.96%- -- -4.31%
    -4.23%-4.23%7.78%-0.64%-5.94%1.90%3.20%- -
    Performance data represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value fluctuate. Redemption may be worth more or less than the original cost. Returns less than one year are not annualized. Index performance does not represent the fund's performance. It is not possible to invest directly in an index.

    Fees

    Gross Expense Ratio
    Info icon
    0.34%
    Net Expense Ratio
    Info icon
    0.34%

    Portfolio

    Sector Weightings

    Due to rounding, these values may not add to 100% | As of 01/31/2024
    Info icon
    Financials
    Financials

    20%

    Information Technology
    Information Technology

    19%

    Consumer Discretionary
    Consumer Discretionary

    13%

    Industrials
    Industrials

    11%

    Materials
    Materials

    10%

    Communication Services
    Communication Services

    7%

    Energy
    Energy

    6%

    Consumer Staples
    Consumer Staples

    5%

    Health Care
    Health Care

    4%

    Utilities
    Utilities

    4%

    Real Estate
    Real Estate

    2%

    Country Allocation

    Due to rounding, these values may not add to 100% | As of 01/31/2024
    Info icon
    • China

      China

      22%

    • India

      India

      21%

    • Taiwan

      Taiwan

      19%

    • South Korea

      South Korea

      14%

    • Brazil

      Brazil

      6%

    • South Africa

      South Africa

      3%

    • Mexico

      Mexico

      3%

    • Indonesia

      Indonesia

      2%

    • Thailand

      Thailand

      2%

    • Malaysia

      Malaysia

      2%

    Top 20 Holdings

    Info icon

    As of 01/31/2024 View all Holdings

    Company Sort Fund Name Ascending
    Weight Sort Fund Name Ascending
    Taiwan Semiconductor Manufacturing Co Ltd 4.00%
    Samsung Electronics Co Ltd 2.35%
    Tencent Holdings Ltd 2.06%
    Alibaba Group Holding Ltd 1.27%
    China Construction Bank Corp 0.92%
    Reliance Industries Ltd 0.88%
    Infosys Ltd 0.75%
    US DOLLARS 0.63%
    PDD Holdings Inc 0.63%
    NetEase Inc 0.62%
    Petroleo Brasileiro SA 0.56%
    Petroleo Brasileiro SA 0.45%
    Tata Consultancy Services Ltd 0.44%
    Industrial & Commercial Bank of China Ltd 0.43%
    HDFC Bank Ltd 0.43%
    Vale SA 0.43%
    Bank of China Ltd 0.42%
    Grupo Financiero Banorte SAB de CV 0.40%
    BYD Co Ltd 0.40%
    Kia Corp 0.40%

    International investing involves special risks, such as political instability and currency fluctuations. Investing in emerging markets may accentuate these risks.

    Derivatives may be more sensitive to changes in market conditions and may amplify risks.

    Institutional class shares are only available for purchase by institutions or other financial intermediaries. Review definitions and minimums for share classes in the fund's prospectus.

    For detailed descriptions of indices or investing terms referenced above, refer to our glossary.

    *Expected Returns: Valuation theory shows that the expected return of a stock is a function of its current price, its book equity (assets minus liabilities) and expected future profits, and that the expected return of a bond is a function of its current yield and its expected capital appreciation (depreciation). We use information in current market prices and company financials to identify differences in expected returns among securities, seeking to overweight securities with higher expected returns based on this current market information. Actual returns may be different than expected returns, and there is no guarantee that the strategy will be successful.

    **Profitability-to-Book: The profitability-to-book ratio is used to measure a company's profitability relative to its book value. A company's profitability is generally calculated by subtracting operating expenses from its gross profit. Book value is generally a firm's reported assets minus its liabilities on its balance sheet.

    Source: MSCI. Morgan Stanley Capital International (MSCI) makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used to create indices or financial products. This report is not approved or produced by MSCI.

    Contact Avantis Investors

    Close Contact Us Icon

    Follow us on:

    Linked In Hyperlink Twitter Hyperlink

    You should consider the fund's investment objectives, risks, and 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.

    American Century Investments is not responsible for and does not endorse any comments, content, advertising, products, advice, opinions, recommendations or other materials on or available directly or via hyperlinks from Facebook, Twitter or any third-party website. Facebook, Twitter and LinkedIn are registered trademarks of their respective owners.

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

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

    © 2024 American Century Proprietary Holdings, Inc. All rights reserved.