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AVRE

Avantis Real Estate ETF

Market Price
$45.09
as of 02/01/2023
1 Day Market Price
Change
Direction arrow up $0.37 (0.83%)
as of 02/01/2023
YTD Market Price
Total Return
8.61
as of 01/31/2023
NAV
$45.05
as of 02/01/2023
1 Day NAV Change
Direction arrow up $0.38 (0.86%)
as of 02/01/2023
YTD NAV
Total Return
8.68
as of 01/31/2023
Gross Expense Ratio
0.17%
as of 01/01/2023
Net Expense Ratio
0.17%
as of 01/01/2023

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 AVRE?

    • 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
    AVRE
    Objective
    Seeks long-term capital appreciation.
    Inception Date
    09/28/2021
    # of Holdings
    298
    as of 12/31/2022
    Share Class
    Institutional Class
    CUSIP
    025072356
    Total Assets
    $284,705,846.82
    as of 02/01/2023
    Distribution Frequency
    Quarterly

    Performance

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

    As of:
        01/31/2023

    TOTAL RETURN

    CUMULATIVE
    AVERAGE ANNUAL
    Info icon
    YTD% 1 MO 3 MO 1 YR 3 YR 5 YR 10 YR LIFE
    AVRE (NAV)
    Info icon
    8.68%8.68%12.59%-11.14%- -- -- --5.94%
    AVRE (MARKET PRICE)
    Info icon
    8.61%8.61%12.51%-11.15%- -- -- --5.86%
    9.35%9.35%12.30%-11.42%-0.67%3.07%4.48%- -
    Performance data quoted 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 will fluctuate so that the investor's shares, when redeemed, may be worth more or less than the original cost. Returns less than one year are not annualized. Net asset value (NAV) prices are used to calculate market price performance prior to the date when the Fund first traded on the New York Stock Exchange. Market performance is determined using the bid/ask midpoint at 4:00 p.m. Eastern time, when the net asset value (NAV) is typically calculated. Market performance does not represent the returns you would receive if you traded shares at other times. 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
    0.17%
    Net Expense Ratio
    Info icon
    0.17%

    Pricing

    Market Prices

    Info icon
    Current price as of 02/01/2023
    Market Price
    $45.09
    1 Day Market Price Change
    Direction arrow up $0.37 (0.83%)
    30 Day Median bid ask spread
    0.25%
    Day High Price
    $45.28
    Day Low Price
    $44.30
    Closing Price
    $45.04

    NAV

    Current price as of 02/01/2023
    NAV
    $45.05
    1 Day Nav Change
    Direction arrow up $0.38 (0.86%)

    52 Week Range

    Current price as of 02/01/2023
    52 Week High
    $54.30
    52 Week Low
    $36.47

    Trading

    Current price as of 02/01/2023
    Premium/Discount
    Info icon
    0.09%
    Details >

    Portfolio

    Country Allocation

    Due to rounding, these values may not add to 100% | As of 12/31/2022
    Info icon
    • United States

      United States

      68%

    • Japan

      Japan

      8%

    • Australia

      Australia

      6%

    • United Kingdom

      United Kingdom

      4%

    • Singapore

      Singapore

      4%

    • France

      France

      2%

    • Canada

      Canada

      2%

    • Hong Kong

      Hong Kong

      1%

    • Belgium

      Belgium

      1%

    • South Africa

      South Africa

      1%

    Top 20 Holdings

    Info icon

    As of 12/31/2022 View all Holdings

    Company Sort Fund Name Ascending
    Weight Sort Fund Name Ascending
    Taiwan Semiconductor Manufacturing Co Ltd 2.93%
    Samsung Electronics Co Ltd 2.20%
    Tencent Holdings Ltd 1.74%
    Alibaba Group Holding Ltd 1.52%
    China Construction Bank Corp 0.91%
    Vale SA 0.87%
    Reliance Industries Ltd 0.84%
    Infosys Ltd 0.73%
    Ping An Insurance Group Co of China Ltd 0.70%
    Hon Hai Precision Industry Co Ltd 0.67%
    SK Hynix Inc 0.58%
    NetEase Inc 0.57%
    Meituan 0.56%
    Housing Development Finance Corp Ltd 0.55%
    Bank of China Ltd 0.54%
    Pinduoduo Inc 0.50%
    Industrial & Commercial Bank of China Ltd 0.44%
    Li Ning Co Ltd 0.44%
    China Mengniu Dairy Co Ltd 0.40%
    CSPC Pharmaceutical Group Ltd 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.

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    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.

    © 2023 American Century Proprietary Holdings, Inc. All rights reserved.