(AVNM) American Century Trust - Ratings and Ratios

The Avantis International Large-Cap Blend ETF (AVNM) operates as a “fund of funds,” investing its assets in a suite of other Avantis ETFs rather than holding individual stocks directly. This structure lets AVNM capture the blended equity exposure of its underlying ETFs while relying on their active-management overlays that aim to overweight securities with superior return or risk profiles versus a passive market-cap index.

Key identifiers: ticker AVNM, U.S.-based, classified under the “Foreign Large Blend” category. As of the latest filing, the fund carries an expense ratio of roughly 0.15% and manages about $250 million in assets, with the majority of its holdings concentrated in the Avantis International Equity ETF (AVDE) and the Avantis Emerging Markets ETF (AVEM). The portfolio’s sector tilt leans toward information technology and consumer discretionary, reflecting higher expected growth in those global segments.

Performance drivers are largely macro-economic: (1) global GDP growth trends, especially in Europe and Asia, which influence earnings for large-cap foreign firms; (2) movements in the U.S. dollar, since a stronger dollar can depress foreign earnings when translated back to dollars; and (3) international monetary-policy cycles, where divergent interest-rate paths affect equity valuations across regions.

For a deeper, data-rich analysis of how AVNM’s active tilt compares to its passive benchmarks, you might explore the ValueRay platform to see granular factor exposures and scenario modeling.