American Century is launching its offering on Xetra and the Frankfurt trading floor with two active investment strategies and a focus on companies from industrialised countries.
1 October 2024, FRANKFURT (Börse Frankfurt). Two new Active Exchange Traded Funds from Avantis Investors, part of American Century Investments, have been tradable on Xetra and Börse Frankfurt since Tuesday.
The Avantis Global Equity UCITS ETF invests in large, mid and small capitalization companies in developed markets to achieve long-term capital growth. The investment management pursues an active investment strategy and invests mainly in equities (ordinary and preference shares) and equity-related securities.
The Avantis Global Small Cap Value UCITS ETF also pursues an active investment strategy and focuses on companies from industrialized countries with a small market capitalization. The fund intends to invest up to 70 percent of its assets in US companies and at least 30 percent in securities of issuers domiciled in other industrialized countries.
Name | Asset class | ISIN | Ongoing costs | Income utilization |
Avantis Global Equity UCITS ETF USD Acc | Active equity ETF | IE000RJECXS5 | 0,22 per cent | accumulating |
Avantis Global Small Cap Value UCITS ETF USD Acc | Active equity ETF | IE0003R87OG3 | 0,39 per cent | accumulating |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,243 ETFs. With this selection and an average monthly trading volume of around EUR 15 billion, Xetra is the leading trading venue for ETFs in Europe.
1 October 2024, © Deutsche Börse AG