Avantis Responsible Emerging Markets Equity ETF (AVSE) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing in a broad set of companies across all market capitalizations in emerging market countries; it overweight securities trading at lower valuations with higher profitability ratios while screening out companies raising concerns based on proprietary evaluations of multiple environmental, social, and governance (ESG) metrics; employs an efficient portfolio management and trading process to enhance returns, reduce risks and transaction costs, and integrate seamlessly into asset allocations. The ETF tracks the MSCI Emerging Markets IMI Index as a benchmark, with key holdings including Taiwan Semiconductor Manufacturing Co. Ltd. (7.40%), Tencent Holdings Ltd. (3.45%), Samsung Electronics Co. Ltd. (2.44%), and Alibaba Group Holding Ltd. (2.08%), and top country exposures in China (26.74%), Taiwan (21.95%), India (18.64%), South Korea (12.65%), and Brazil (4.72%). Launched on March 28, 2022, and listed on NYSE Arca, AVSE is issued by American Century ETF Trust and managed by Avantis Investors, a brand of American Century Investments, with a net expense ratio of 0.33% and total assets under management of approximately $158.5 million as of September 30, 2025. The fund operates primarily in global emerging market equity segments, targeting institutional and retail investors seeking responsible investment strategies that balance financial performance with ESG considerations. In November 2025, Avantis Investors entered a strategic alliance with CIBC Asset Management Inc. to launch eight Avantis CIBC ETFs in Canada, including an Avantis CIBC Emerging Markets Equity ETF, expanding its geographic reach into the Canadian market. Avantis Investors also achieved a significant growth milestone in 2025, surpassing substantial assets under management in six years, underscoring its rapid expansion amid ongoing product development in active ETFs.