Avantis All International Markets Equity ETF

Frequently Asked Questions About AVNM

What does AVNM invest in?

AVNM is designed to provide investors with low-cost, tax-efficient, and diversified international equity exposure. Its portfolio consists of other select Avantis exchange-traded funds that invest in global companies of all market capitalizations outside the US. The fund focuses on securities with higher expected returns or those with better risk characteristics than a passive, market cap-weighted index. It follows specific targets weights for both emerging and non-US developed markets in a 30/70 ratio with a 10%-15% range difference. Since the fund is actively managed, decisions regarding the funds allocations, including geographies, investment styles, and changes within the target ranges are solely at the discretion of the manager. The fund may also undergo regular reviews to identify necessary rebalancing.

What is the expense ratio of AVNM?

Avantis All International Markets Equity ETF (AVNM) charges an expense ratio of 0.33%. This is the annual fee deducted from fund assets to cover management and operations.

How big is AVNM?

Avantis All International Markets Equity ETF (AVNM) manages $689.4M 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 AVNM actively managed or an index fund?

AVNM is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (AVNM's is 0.33%) in exchange for the discretion to over- or under-weight positions.

When was AVNM launched?

Avantis All International Markets Equity ETF (AVNM) launched in June 2023 and is managed by Avantis.

How has AVNM performed?

AVNM'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.