, $7-billion-AUM boutique within a larger asset manager is rolling out a quartet of new, actively managed ETFs. The launches bring its lineup to 12 ETFs in total.
| Eduardo A. Repetto|
Chief Investment Officer
Today, Eduardo Repetto
, chief investment officer of American Century's
] Avantis Investors
of four new ETFs: the Avantis Emerging Markets Value ETF
(AVES on the NYSE Arca); the Avantis International Large Cap Value ETF
(AVIV); the Avantis Real Estate ETF
(AVRE); and the Avantis U.S. Large Cap Value ETF
(AVLV). The ETFs come with expense ratios of 36 basis points, 25 bps, 17 bps, and 15 bps, respectively.
Repetto and senior portfolio managers Mitchell Firestein
, Daniel Ong
, and Ted Randall
PM all four new funds. American Century Investment Management, Inc. (ACIM) serves as the investment advisor.
The new funds' other service providers include: American Century Services, LLC as fund administrator; Deloitte & Touche LLP
as independent accounting firm; Foreside Fund Services, LLC
as distributor; and State Street Bank and Trust Company
as custodian, dividend-paying agent, securities lending agent, sub-administrator, and transfer agent.
"These are important asset classes for our clients, and we're thrilled to provide them with competitively priced, tax-efficient solutions to incorporate in their portfolios," Repetto states.
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