UPDATE: The wait is over!
Starting October 1st, Avantis officially launched two ETFs, now available on Xetra exchange.
$AVWC (+0 %) for global equities (World IMI benchmark) and $IE0003R87OG3 AVWS for world small cap value (MSCI World Small cap value benchmark)
Both are accumulating, multi factor, rule based and actively managed ETFs.
$AVWC (+0 %) : world IMI, slight value and size tilt, profitability and momentum screened (negative momentum filtered)
TER 0.22%, in line with e.g. Vanguard FTSE-All World UCITS ETF $VWCE (-0,01 %)
Initial AUM after seeding: $250M
https://www.avantisinvestors.com/ucitsetf/avantis-global-equity-ucits-etf/
$IE0003R87OG3 AVWS: developed world small cap value, profitability and momentum screened (no negative momentum, unlike $ZPRX (+0,67 %) / $ZPRV (-0,3 %) )
TER 0.39%, close to ZPR* (0.3%)
Initial AUM after seeding: $11M
https://www.avantisinvestors.com/ucitsetf/avantis-global-small-cap-value-ucits-etf/
Note
As EU KIID regulation enforcement is quite bonkers (KIID must be in local official language for the asset to be tradable to a citizen of that specific country), they’re still untradable for the large majority of European retail investors on almost every brokerage (except IBKR, where only EN KIID is required).
German retail investors should be the first to gain access, as the DE KIID is already submitted and available on Avantis website. It’s now up to brokers to list the product with necessary documentation.
