Good news for UCITS factor investors! Avantis will be launching UCITS ETF soon it seems: https://www.etfstream.com/articles/american-century-to-enter-europe-with-three-active-etfs
The three ETFs are to be launched by Avantis Investors, the group’s quantitative investment unit, headed up by the firm’s CIO Eduardo Repetto.
The Missouri-based asset manager has three US-listed equivalent ETFs, the $6bn Avantis International Small Cap Value ETF, the $5.6bn Avantis Emerging Markets Equity ETF and the $365m Avantis All Equity Markets ETF.
Curious
to see if they will be 1:1 porting of US equivalents $AVDV
$AVEM / $AVES
$AVGE and the actual factor loadings (RR community will be quick to analyse once they are confirmed).
This could mean as Eu investors we no longer need 3/4 ETFs for intl SCV like $ZPRV (+0,5 %)
$ZPRX (-0,18 %) , and no more extra momentum boosts to balance these ETFs negative momentum.
EM offering could also trim the number of ETFs needed, once we know the offering and factor loadings
Are you looking forward to these ETFs? Will you switch to them in the near future?
Really curious to hear the community factor spiritual guide @PowerWordChill opinion on this :)