Avantis Investors Launches New Global Equities ETF AVTM with 22 Basis Points Expense Ratio

Avantis Investors has launched a new global equities ETF, AVTM, which invests in U.S. and non-U.S. developed and emerging markets equities, targeting companies with higher-than-expected returns. The fund aims to outperform passive, market-cap weighted index funds with better risk characteristics. AVTM will charge a net expense ratio of 22 basis points and will be managed by a team including Chief Investment Officer Eduardo Repetto.