- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 4500 Main Street Kansas City MO United States of America 64111
- IPO Date
- Sep 30, 2021
- Business
- Avantis International Large Cap Value ETF (AVIV) is an actively managed exchange-traded fund that seeks higher expected returns by investing primarily in equity securities of large capitalization companies located in non-U.S. developed markets, with an emphasis on securities exhibiting value style characteristics such as lower prices relative to book values, forward earnings, or other financial metrics; it also considers profitability measures to overweight high-profitability firms and underweight lower ones. The fund holds approximately 560 securities across sectors including financials, energy, health care, and industrials, with top holdings such as Shell plc, Roche Holding AG, HSBC Holdings plc, TotalEnergies SE, and UniCredit SpA; it does not seek to replicate a specified index like the MSCI World ex-USA Value Index but uses proprietary stock selection and weighting based on current market prices and company financials. Launched on September 28, 2021, and domiciled in the United States, AVIV trades on the NYSE Arca exchange with a net expense ratio of 0.25% and approximately $960 million in assets under management as of late 2025.
AVIV operates globally with exposure to approximately 22 developed markets countries, including Japan, the United Kingdom, Switzerland, France, Germany, Australia, Canada, the Netherlands, and Italy, targeting institutional and retail investors seeking international large-cap value equity exposure.
The fund is issued by American Century ETF Trust and managed by Avantis Investors, a division of American Century Investments, founded in 1958 and headquartered at 4500 Main Street in Kansas City, Missouri.
In recent developments, Avantis Investors, as part of American Century Investments, entered a strategic alliance with CIBC Asset Management Inc. in November 2025 to launch eight new Avantis CIBC ETFs in the Canadian market, including offerings in Canadian equity, U.S. small cap value, global small cap value, international equity, and emerging markets equity, marking a significant expansion into Canada; additionally, Avantis achieved a major growth milestone in 2025 by reaching substantial assets under management in six years, reflecting rapid global expansion amid strong inflows into its ETF suite.