- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 4500 Main Street Kansas City MO United States of America 64111
- IPO Date
- Sep 19, 2019
- Business
- Avantis Emerging Markets Equity ETF (AVEM) is an actively managed exchange-traded fund that invests primarily in emerging market equities across all market capitalizations, with an emphasis on securities exhibiting favorable characteristics related to profitability, valuation, and investment capacity. The fund seeks long-term capital appreciation by overweighting emerging market stocks expected to deliver higher returns based on current market prices, financial metrics such as profitability-to-book ratios, and other factors; it underweights or excludes securities anticipated to underperform, including those of large companies with low profitability or elevated valuations. Launched on September 17, 2019, and issued by American Century ETF Trust under the Avantis Investors brand, AVEM tracks a benchmark similar to the MSCI Emerging Markets IMI Index while applying active management, with top holdings including Taiwan Semiconductor Manufacturing (6.73%), Tencent Holdings (3.46%), and Alibaba Group (1.93%); the fund maintains approximately 3,691 holdings, a net expense ratio of 0.33%, and assets under management exceeding $12 billion as of late 2025. Avantis Investors, founded in 2019 and headquartered in Los Angeles, California, operates as an investment boutique of American Century Investments—a global asset manager established in 1958 with primary offices in Kansas City, Missouri—and offers a lineup of low-cost, diversified ETFs and mutual funds spanning equities, fixed income, and alternatives for financial professionals, institutions, and individual investors targeting higher expected returns. Geographically, AVEM provides exposure to emerging markets worldwide, with significant allocations to high-growth regions such as China, Taiwan, India, and South Korea across sectors like technology, financials, and consumer goods. In recent developments, Avantis Investors, the fund's manager, reached a milestone of $75 billion in assets under management in early 2025, followed by surpassing $100 billion by December 2025 amid rapid global growth and expansion of its ETF offerings; the firm launched new products including the active Avantis Credit ETF (AVGB) in April 2025 and additional active emerging markets and other strategies, reinforcing its position as one of the fastest-growing active ETF providers.