Avantis Investors Adds New Global Equities ETF AVTM

Core Insights - Avantis Investors has launched a new global equities ETF named Avantis Total Equity Markets ETF (AVTM) on the New York Stock Exchange, which includes both U.S. and non-U.S. developed and emerging market equities [1] - The ETF aims to differentiate itself from passive, market-cap weighted index funds by providing better risk characteristics and targeting firms that offer higher-than-expected returns [1] - The fund will charge a net expense ratio of 22 basis points, and it is part of Avantis's suite of 45 strategies offered in both U.S. and international markets [1] Market Context - The launch of AVTM comes at a time when investors are increasingly seeking equities exposure outside the U.S., while still wanting access to U.S. equities [1] - Avantis's Chief Investment Strategist emphasized the importance of fulfilling client needs, which has contributed to the firm's strong growth and adoption in recent years [1] Management Team - The global equities ETF will be managed by a team that includes Chief Investment Officer Eduardo Repetto and senior portfolio managers Mitchell Firestein, Daniel Ong, Ted Randall, along with portfolio manager Matthew Dubin [1]