The Avantis Global Small Cap Value UCITS ETF (AVGS) is an Ireland-domiciled equity ETF managed by Avantis Investors and traded on the London Stock Exchange.

The fund seeks long-term capital appreciation through an actively managed portfolio of equity and equity-related securities issued by small-cap companies across developed markets.

AVGS provides international small-cap exposure through a systematic approach that incorporates characteristics such as valuation and profitability. The strategy seeks to overweight securities that the investment manager believes are trading at lower valuations and exhibit higher profitability ratios. The fund operates under the UCITS framework and follows an accumulating income policy.

Unlike traditional passive ETFs, AVGS does not seek to replicate the performance of a specified index. The MSCI World Small Cap Value Index serves as a benchmark for comparative purposes, while portfolio decisions are made according to the fund's active investment methodology.

Composition / Exposure Profile

AVGS invests in small-cap companies across a broad range of economic sectors, including:

• Financials.

• Industrials.

• Consumer discretionary.

• Information technology.

• Materials.

• Health care.

• Energy.

• Consumer staples.

• Communication services.

Geographically, the fund invests in developed-market small caps, including companies from the United States, Japan, the United Kingdom, Canada, and other eligible developed markets.

The portfolio combines broad diversification with systematic criteria focused primarily on valuation and profitability. The strategy also incorporates information contained in current market prices and seeks to manage trading costs and unnecessary portfolio risks.

Structure and Costs

AVGS trades in U.S. dollars on the London Stock Exchange. The same share class also has a British pound listing under the AVSG ticker, while the fund's base currency is the U.S. dollar.

The fund has an ongoing charges figure of 0.39% per year, uses a physical product structure, and follows an active investment methodology. It is domiciled in Ireland and operates under the UCITS framework.

The share class is accumulating, meaning dividends and other income generated by its holdings are reinvested within the fund rather than distributed periodically to shareholders.

History and Evolution of the ETF

The Avantis Global Small Cap Value UCITS ETF (AVGS) was launched in 2024 with an actively managed strategy focused on small-cap companies across developed markets.

Since its launch, the fund has maintained a systematic approach that incorporates characteristics associated with value and profitability when selecting and weighting securities within its portfolio.

The strategy is designed to retain features commonly associated with index investing, including diversification, low turnover, and transparency of exposures, while allowing the investment manager to incorporate market information into portfolio decisions.

Additional Information

Avantis Global Small Cap Value UCITS ETF (Ireland) is an exchange-traded fund (ETF), with assets under management totaling $-.

Over the past 12 months, Avantis Global Small Cap Value UCITS ETF recorded a return of -, with its price trading between $22.94 and $29.87 during the same period.

The ETF is traded under the ticker AVGS.