- What does APIE invest in?
- The fund is an actively-managed exchange-traded fund (“ETF”) that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund’s benchmark index, the S&P Classic ADR Composite Index. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of non-U.S. companies with varying market capitalizations.
- What is the expense ratio of APIE?
- ActivePassive International Equity ETF (APIE) charges an expense ratio of 0.45%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is APIE?
- ActivePassive International Equity ETF (APIE) manages $953.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is APIE actively managed or an index fund?
- APIE's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was APIE launched?
- ActivePassive International Equity ETF (APIE) launched in May 2023 and is managed by ActivePassive.
- How has APIE performed?
- APIE's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
