VP Avantis Global Equity Allocation Fund
VP Avantis Global Equity Allocation Fund
YTD Total Return As of 05/06/2024 | 6.28% |
Nav As of 05/06/2024 | $11.05 |
Nav Change ($0.10) | 0.91% |
American Century Investments Variable Portfolio Funds (VP Funds) are a series of investment choices available exclusively through variable annuity and variable universal life products. There are no plans to distribute VP Funds in any other way. Performance will vary based on the fees and expenses assessed with investments in variable insurance products. Those charges are disclosed in the separate account prospectus.
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 | $542,565 As of 04/30/2024 |
Total Holdings | 16 As of 03/31/2024 |
Distribution Frequency | Quarterly |
Fees
| Gross Expense Ratio | 0.86% |
| Net Expense Ratio | 0.65% |
Trading Information
| Ticker | AVVPX |
| CUSIP | 024936643 |
Fees
| Gross Expense Ratio | 0.86% |
| Net Expense Ratio | 0.65% |
Trading Information
| Ticker | AVVPX |
| CUSIP | 024936643 |
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.
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.
Past performance is no guarantee of future results. Investment returns will fluctuate and it is possible to lose money.
FREQUENCY
Quarterly
| Total Paid | Ordinary Dividends | Reinvest Price | |
|---|---|---|---|
| 03/26/2024 | $0.0135 | $0.0135 | $11.04 |
| 12/21/2023 | $0.0921 | $0.0921 | $10.34 |
As of 03/31/2024
| Domestic Stock | 65% |
| Foreign Stock | 34% |
| Cash and Cash Equivalents | 1% |
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 03/31/2024
| Financials | 18% |
| Industrials | 14% |
| Information Technology | 13% |
| Consumer Discretionary | 13% |
| Energy | 10% |
| Health Care | 8% |
| Materials | 7% |
| Communication Services | 5% |
| Consumer Staples | 5% |
| Real Estate | 4% |
| Utilities | 2% |
Due to rounding, these values may exceed 100%
As of 03/31/2024
| Avantis U.S. Equity ETF | 17.44% |
| Avantis U.S. Large Cap Equity ETF | 16.32% |
| Avantis International Equity ETF | 14.84% |
| Avantis U.S. Large Cap Value ETF | 10.32% |
| Avantis International Large Cap Value ETF | 6.84% |
| Avantis Inflation Focused Equity ETF | 5.08% |
| Avantis Emerging Markets Equity ETF | 4.84% |
| Avantis U.S. Small Cap Equity ETF | 4.70% |
| Avantis U.S. Mid Cap Value ETF | 3.10% |
| Avantis US Mid Cap Equity ETF | 3.07% |
| % of Top Portfolio Holdings | 86.55% |
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 03/31/2024
-
Countries % Portfolio United States 65% Japan 6% United Kingdom 4% Canada 3% France 2% Australia 2% Germany 2% Switzerland 2% China 2% Taiwan 2%
Due to rounding, these values may exceed 100%
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.
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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