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AVEE

Avantis Emerging Markets Small Cap Equity ETF

Market Price
$56.37
as of 06/18/2024
1 Day Market Price
Change
Direction arrow up $0.32 (0.58%)
as of 06/18/2024
YTD Market Price
Total Return
3.57
as of 05/31/2024
NAV
$55.95
as of 06/18/2024
1 Day NAV Change
Direction arrow up $0.22 (0.39%)
as of 06/18/2024
YTD NAV
Total Return
3.43
as of 05/31/2024
Gross Expense Ratio
0.42%
as of 01/01/2024
Net Expense Ratio
0.42%
as of 01/01/2024

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 an exchange. Market performance is determined using the bid/ask midpoint at 4:00 p.m. Eastern time, when the 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.

    Why AVEE?

    • Invests in a broad set of small-cap companies across emerging market countries and is designed to increase expected returns* by taking into consideration valuations, profitability and levels of investment when selecting and weighting securities.

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

    • Efficient portfolio management and trading process designed to enhance returns while seeking to reduce unnecessary risks and transaction costs.

    Fund Facts

    Ticker
    AVEE
    Objective
    Seeks long-term capital appreciation.
    Intraday Ticker
    AVEE.IV
    Inception Date
    11/07/2023
    # of Holdings
    1490
    as of 04/30/2024
    CUSIP
    025072141
    ISIN
    US0250721414
    SEDOL
    BMH6QW8
    Exchange
    NYSE Arca
    Distribution Frequency
    Semi-Annual
    Total Assets
    $16,784,904.92
    as of 06/18/2024
    Shares Outstanding
    300,000.00
    as of 06/18/2024

    Performance

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

    As of:
        05/31/2024

    TOTAL RETURN

    CUMULATIVE
    AVERAGE ANNUAL
    Info icon
    YTD% 1 MO 3 MO 1 YR 3 YR 5 YR 10 YR LIFE
    AVEE (NAV)
    Info icon
    3.43%2.67%5.43%- -- -- -- -9.63%
    AVEE (MARKET PRICE)
    Info icon
    3.57%2.89%5.84%- -- -- -- -10.02%
    3.73%0.66%2.73%21.58%2.25%10.14%5.01%- -
    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 an exchange. Market performance is determined using the bid/ask midpoint at 4:00 p.m. Eastern time, when the 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
    0.42%
    Net Expense Ratio
    Info icon
    0.42%

    Pricing

    Market Prices

    Info icon
    Current price as of 06/18/2024
    Market Price
    $56.37
    1 Day Market Price Change
    Direction arrow up $0.32 (0.58%)
    30 Day Median bid ask spread
    0.26%
    Day High Price
    $56.36
    Day Low Price
    $56.08
    Closing Price
    $56.37

    NAV

    Current price as of 06/18/2024
    NAV
    $55.95
    1 Day Nav Change
    Direction arrow up $0.22 (0.39%)

    52 Week Range

    Current price as of 06/18/2024
    52 Week High
    $56.99
    52 Week Low
    $49.89

    Trading

    Current price as of 06/18/2024
    Premium/Discount
    Info icon
    0.75%
    Details >

    Portfolio

    Sector Weightings

    Due to rounding, these values may not add to 100% | As of 05/31/2024
    Info icon
    Industrials
    Industrials

    19%

    Information Technology
    Information Technology

    18%

    Consumer Discretionary
    Consumer Discretionary

    13%

    Materials
    Materials

    13%

    Financials
    Financials

    8%

    Health Care
    Health Care

    7%

    Real Estate
    Real Estate

    6%

    Consumer Staples
    Consumer Staples

    6%

    Communication Services
    Communication Services

    4%

    Utilities
    Utilities

    4%

    Energy
    Energy

    3%

    Country Allocation

    Due to rounding, these values may not add to 100% | As of 05/31/2024
    Info icon
    • Taiwan

      Taiwan

      21%

    • India

      India

      20%

    • China

      China

      19%

    • South Korea

      South Korea

      13%

    • Brazil

      Brazil

      7%

    • Malaysia

      Malaysia

      3%

    • South Africa

      South Africa

      3%

    • Thailand

      Thailand

      3%

    • Mexico

      Mexico

      3%

    • Indonesia

      Indonesia

      2%

    Top 10 Holdings

    Info icon

    As of 06/17/2024 View all Holdings

    COMPANY
    TICKER
    CUSIP
    ISIN
    SECTOR
    MARKET VALUE ($)
    WEIGHT
    BRILLIANCE CHINA AUTOMOTIVE COMMON STOCK USD.01 1114 618148902 BMG1368B1028 CONSUMER DISCRETIONARY 121,762.65 0.73%
    EMBRAER SA SPON ADR ADR ERJ 29082A107 US29082A1079 INDUSTRIALS 111,138.75 0.66%
    AAC TECHNOLOGIES HOLDINGS IN COMMON STOCK USD.01 2018 B85LKS908 KYG2953R1149 INFORMATION TECHNOLOGY 97,434.90 0.58%
    GCL TECHNOLOGY HOLDINGS LTD COMMON STOCK HKD.1 3800 B28XTR905 KYG3774X1088 INFORMATION TECHNOLOGY 95,846.95 0.57%
    POP MART INTERNATIONAL GROUP COMMON STOCK USD.0001 9992 BN6PP3905 KYG7170M1033 CONSUMER DISCRETIONARY 90,771.70 0.54%
    QIFU TECHNOLOGY INC ADR USD.00001 QFIN 88557W101 US88557W1018 FINANCIALS 73,043.84 0.44%
    HENGAN INTL GROUP CO LTD COMMON STOCK HKD.1 1044 613623909 KYG4402L1510 CONSUMER STAPLES 65,322.12 0.39%
    AUTOHOME INC ADR ADR USD.01 ATHM 05278C107 US05278C1071 COMMUNICATION SERVICES 61,893.04 0.37%
    GRUPA KETY SA COMMON STOCK PLN2.5 KTY 521638908 PLKETY000011 MATERIALS 60,580.80 0.36%
    CORP INMOBILIARIA VESTA SAB COMMON STOCK VESTA * ACI028NY6 MX01VE0M0003 REAL ESTATE 58,445.86 0.35%

    Exchange Traded Funds (ETFs) 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.

    This fund is an actively managed Exchange Traded Fund (ETF) that does 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.

    Historically, small-cap stocks have been more volatile than the stock of larger, more-established companies. Smaller companies may have limited resources, product lines and markets, and their securities may trade less frequently and in more limited volumes than the securities of larger companies.

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

    *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.

    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.

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

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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.

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