Avantis fund allocates assets across US, Japan, and Taiwan
1 report, 1 independent
Updated Wed 00:00
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What happened
Avantis launched the Avantis CIBC World Equity ETF (TSX:CAGX) to provide broad exposure to global markets. The fund allocates assets across various geographic regions, with the United States currently comprising close to 65% of the portfolio. Japan and Taiwan are also included in the fund's geographic allocation.
From baystreet.ca
Why it matters
The ETF aims to provide long-term capital appreciation and offers a quarterly dividend yield of approximately 2%. The fund's structure includes top holdings such as Eli Lilly and Company and ExxonMobil.
From baystreet.ca
Who's involved
- AvantisCompany launching the Avantis CIBC World Equity ETF.
- American CenturyInvestment management firm that offers Avantis as a product.
- Eli Lilly and CompanyA top investment holding within the Avantis ETF.
- ExxonMobilA top holding within the Avantis ETF structure.
- Dimensional Fund AdvisorsFirm that provided personnel and expertise for Avantis.