My Account

Overview

The portfolio will invest across U.S. equity, non-U.S. developed markets, emerging markets, and sector equity, maintaining a strategic allocation across geographies with a home bias toward the U.S. The fund seeks to provide an annualized return that exceeds the MSCI All Country World IMI IndexA over a market cycle by investing primarily in other Avantis equity exchange traded funds (ETFs).

Key Facts
Investment Objective
Seeks long-term capital appreciation.
Inception Date
07/20/2023
Morningstar Category
Global Large-Stock Blend
Benchmark
MSCI AC World IMIA
Total Assets
$521,151
As of 01/31/2024
Total Holdings
16
As of 12/31/2023
Distribution Frequency
Quarterly
Fees
Gross Expense Ratio
0.86%
Net Expense Ratio
0.65%
Trading Information
Ticker
AVVPX
CUSIP
024936643

Performance

AVVPX
MSCI AC World IMIA

Data reflects past performance, assumes reinvestment of dividends and capital gains and is no guarantee of future results. Current performance may be higher or lower than data shown. Investment return and principal value fluctuates. Redemption value may be more or less than original cost. Returns less than one year are not annualized.

Average annual total returns illustrate the annual compounded returns that would have produced the cumulative total return if the fund's performance had remained constant throughout the period indicated. Returns for periods less than one year are not annualized. For periods prior to the inception of a class, performance is for the oldest class, restated with applicable fees, if any.

VP Avantis Global Equity Allocation Fund

MSCI AC World IMI

Data reflects past performance, assumes reinvestment of dividends and capital gains and is no guarantee of future results. Current performance may be higher or lower than data shown. Investment return and principal value fluctuates. Redemption value may be more or less than original cost. Returns less than one year are not annualized.

Data is not available at this time

Past performance is no guarantee of future results. Investment returns will fluctuate and it is possible to lose money.

Total Paid
Ordinary Dividends
Reinvest Price
12/21/2023
$0.0921
$0.0921
$10.34

Historical Distribution (CSV)

Portfolio

As of 12/31/2023
% Portfolio
Due to rounding, these values may exceed 100%Negative weights may be due to open security or capital stock trades at period end and/or unrealized loss on derivative positions as a percent of net assets at period end.
As of 12/31/2023
Sectors
% Portfolio
Financials
18%
Industrials
14%
Information Technology
13%
Consumer Discretionary
12%
Energy
10%
Health Care
8%
Materials
8%
Communication Services
6%
Consumer Staples
5%
Real Estate
4%
Utilities
2%
Due to rounding, these values may exceed 100%
As of 12/31/2023
Company
% Portfolio
Avantis U.S. Equity ETF
17.09%
Avantis U.S. Large Cap Equity ETF
15.79%
Avantis International Equity ETF
15.13%
Avantis U.S. Large Cap Value ETF
9.98%
Avantis International Large Cap Value ETF
7.00%
Avantis Emerging Markets Equity ETF
5.07%
Avantis Inflation Focused Equity ETF
4.98%
Avantis U.S. Small Cap Equity ETF
4.93%
Avantis Real Estate ETF
3.01%
Avantis US Mid Cap Equity ETF
2.98%
% of Top Portfolio Holdings
85.96%
Due to rounding, these values may exceed 100%Negative weights may be due to open security or capital stock trades at period end and/or unrealized loss on derivative positions as a percent of net assets at period end.
As of 12/31/2023
Countries
Regions
Countries
% Portfolio
United States
64%
Japan
6%
United Kingdom
4%
Canada
3%
France
2%
Australia
2%
China
2%
Switzerland
2%
Germany
2%
Taiwan
2%
Due to rounding, these values may exceed 100%

Team

Eduardo Repetto, Ph.D. avatar
Eduardo Repetto, Ph.D.

Chief Investment Officer


Industry Start

2000

Mitchell Firestein avatar
Mitchell Firestein

Senior Portfolio Manager


Industry Start

2005

Daniel Ong, CFA avatar
Daniel Ong, CFA

Senior Portfolio Manager


Industry Start

1996

Ted Randall avatar
Ted Randall

Senior Portfolio Manager


Industry Start

1996

Matthew Dubin avatar
Matthew Dubin

Portfolio Manager


Industry Start

2017

Resources

Regulatory Documents
Summary Prospectus

The advisor will waive a portion of the fund's management fee equal to the expenses attributable to the management fees of American Century-advised underlying funds. The amount of this waiver will fluctuate depending on the fund's daily allocations to such funds. This waiver is expected to remain in effect permanently, and it cannot be terminated without the approval of the Board of Directors.

The fund's performance and risks reflect the performance and risks of the underlying funds in which it invests. By investing in another investment company, the Fund becomes a shareholder of that investment company and bears its proportionate share of the fees and expenses of the other investment company.

The fund's performance and risks depend in part on the managers' skill in selecting and weighting the asset classes and underlying funds and implementing any deviations from the target range, which may differ from actual market conditions.

International investing involves special risks, such as political instability and currency fluctuations. Investing in emerging markets may accentuate these risks.

Historically, small- and/or mid-cap stocks have been more volatile than the stock of larger, more-established companies. Smaller companies may have limited resources, product lines and markets, and their securities may trade less frequently and in more limited volumes than the securities of larger companies.

Please see the prospectus for details about sales charges.

The gross expense ratio is the fund's total annual operating costs, expressed as a percentage of the fund's average net assets for a given time period. It is gross of any fee waivers or expense reimbursement. The net expense ratio is the expense ratio after the application of any waivers or reimbursement. This is the actual ratio that investors paid during the fund's most recent fiscal year. Please see the prospectus for more information.

MSCI ACWI IMI

The MSCI ACWI Investable Market Index (IMI) captures large, mid and small cap representation across 23 Developed Markets (DM) and 24 Emerging Markets (EM) countries. With 9,139 constituents, the index is comprehensive, covering approximately 99% of the global equity investment opportunity set.

Investment Blend: Reflects the blend of securities owned by a fund. For example, the percentage of foreign or domestic stocks held by an equity fund or the percentage of corporate and government securities owned by a bond fund. The U.S./Foreign Convertibles grouping includes Convertible Bonds, Equity Linked Securities and Convertible Preferred securities.

Sector Weights: This value represents the sectors included in the portfolio on a percent of assets basis.

Top Holdings: This value represents the top holdings included in the portfolio on a percent of assets basis. Equity holdings are grouped to include common shares, depository receipts, rights and warrants issued by the same company. Holdings are rounded to the nearest whole number, which may result in the display of less than ten holdings.

Countries: This value represents the countries included in the portfolio on a percent of assets basis.

Regions: This value represents the regions of the country represented by the securities included in the portfolio on a percent of assets basis.

For detailed descriptions of indices or investing terms referenced above, refer to our glossary.

Source: MSCI. Morgan Stanley Capital International (MSCI) makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used to create indices or financial products. This report is not approved or produced by MSCI.

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