Alternative Investments/ESG: Avantis Debuts A Trio Of Sustainable ETFs
Avantis Investors is a $10 billion investment offering from global asset manager American Century Investments.
Avantis Investors, an American Century offering that combines the latest financial science with common sense investing principles and cost-effective implementation, has launched its first three environmental, social and governance (ESG) ETFs: Avantis Responsible U.S. Equity ETF (NYSEARCA: AVSU); Avantis Responsible International Equity ETF (NYSEARCA: AVSD); and Avantis Responsible Emerging Markets Equity ETF (NYSEARCA: AVSE). (CISION PR Newswire)
NAME |
EXPENSE RATIO |
STRATEGY |
Avantis Responsible U.S. Equity ETF |
0.15% |
The fund invests primarily in a diverse group of U.S. companies across market sectors and industry groups. The fund may invest in companies of all market capitalizations. The portfolio management team limits its investable universe of companies by screening out those that raise concerns based on the team’s evaluation of multiple ESG metrics. |
Avantis Responsible International Equity ETF |
0.23% |
The fund invests primarily in a diverse group of non-U.S. companies across countries, market sectors and industry groups. The fund may invest in companies of all market capitalizations. The portfolio management team limits its investable universe of companies by screening out those that raise concerns based on the team’s evaluation of multiple ESG metrics. |
Avantis Responsible Emerging Markets Equity ETF |
0.33% |
The fund invests primarily in a diverse group of companies related to emerging markets across market sectors, industry groups and countries. The fund may invest in companies of all market capitalizations. The portfolio management team limits its investable universe of companies by screening out those that raise concerns based on the team’s evaluation of multiple ESG metrics. |
“We are excited to provide three new broadly diversified, tax-efficient ETFs to allow investors to make sustainable investments – socially and environmentally conscious investments,” said Eduardo Repetto, Chief Investment Officer. “We have priced these strategies in line with our conventional equity ETFs because we think that investors hoping to incorporate their ESG considerations into their investment portfolios should not have to endure higher fees.”
The new funds join the firm’s existing lineup of 11 ETFs.
Related Story: BNY Mellon Launches Active ESG Corporate Bond ETF
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