Avantis All International Core Equity ETF

Avantis All International Core Equity ETF is an actively managed fund that invests primarily in a diverse group of non-U.S. companies across developed and emerging markets, utilizing market-capitalization baseline weighting while systematically emphasizing securities with smaller market capitalizations, high profitability, and value characteristics. The strategy seeks long-term capital appreciation through broad international exposure, evaluating price-to-fundamental ratios, cash flows, accruals, relative performance, and implementation costs to optimize portfolio risk and return characteristics without tracking a specified index.