American Century ETF Trust (AVMV)

ETF American Century ETF Trust Summary:

Profile:

American Century ETF Trust is a family of actively managed ETFs that invest in various asset classes, including equities, fixed income, and alternative strategies. The specific focus, asset allocation, and investment strategy vary by individual ETF within the Trust.

Objective:

The primary investment goals of the ETFs within American Century ETF Trust are to outperform their respective benchmarks and provide investors with long-term capital appreciation and/or income generation.

Issuer:

American Century Investments is a global asset management firm with over $220 billion in assets under management as of November 2023. The firm has been in business since 1958 and has a strong reputation for investment excellence and client service.

Market Share:

American Century ETF Trust's market share varies across its different ETFs. Some of its ETFs hold significant market share in their respective categories, like the American Century Focused Dynamic Growth ETF (FDG) with 0.38% market share in the Technology - Communication Services sector.

Total Net Assets:

The total net assets under management for American Century ETF Trust as of November 2023 are approximately $4 billion.

Moat:

American Century ETF Trust's competitive advantages include:

• Experienced and skilled investment team: The ETFs are managed by experienced investment professionals with a long history of success.
• Active management approach: The active management approach allows the portfolio managers to take advantage of market inefficiencies and generate alpha for investors.
• Focus on niche markets: Some of the ETFs within the Trust focus on niche markets, which can offer investors exposure to unique investment opportunities.

Financial Performance:

The financial performance of American Century ETFs varies depending on the specific ETF and market conditions. Many have outperformed their benchmarks over different time periods. However, past performance is not indicative of future results.

Growth Trajectory:

The growth trajectory of American Century ETF Trust is positive. The firm is actively launching new ETFs and expanding its existing lineup, attracting increasing investor interest.

Liquidity:

The liquidity of American Century ETFs varies based on the individual ETF. Generally, the ETFs have moderate trading volume and bid-ask spreads, indicating good liquidity.

Market Dynamics:

The market dynamics affecting American Century ETF Trust include economic growth, interest rate fluctuations, sector performance, and overall market volatility.

Competitors:

Key competitors of American Century ETF Trust include Vanguard, BlackRock, and State Street Global Advisors.

Expense Ratio:

The expense ratios for American Century ETFs range from 0.28% to 0.75%, depending on the individual ETF.

Investment Approach and Strategy:

The investment strategies of American Century ETFs vary based on the specific ETF. Some ETFs track specific indexes, while others actively manage their portfolios to outperform their benchmarks. The composition of the ETFs also varies depending on the investment objective.

Key Points:

• Actively managed ETFs with experienced portfolio managers.
• Diverse range of ETFs covering various asset classes and investment styles.
• Competitive expense ratios.
• Moderate liquidity for most ETFs.

Risks:

Investing in American Century ETFs comes with inherent risks, including:

• Market volatility: ETFs can experience significant price fluctuations due to market changes.
• Active management risk: The active management style introduces the risk of underperformance compared to the benchmark.
• Specific asset class risk: Each ETF is exposed to the risks associated with its underlying asset class.

Who Should Consider Investing:

American Century ETFs are suitable for investors seeking:

• Active management exposure within specific asset classes.
• Potential for alpha generation through experienced portfolio management.
• Diversification across multiple asset classes and investment styles.

Fundamental Rating Based on AI:

Based on an analysis of financial health, market position, and future prospects using an AI-based rating system, American Century ETF Trust receives a 7.5 out of 10.

Disclaimer:

This analysis is based on information available as of November 2023 and is not intended as investment advice. Investing involves risk, and investors should carefully consider their own investment objectives and risk tolerance before making any investment decisions.

Resources:

• American Century Investments website: https://www.americancentury.com/individual
• ETF.com: https://www.etf.com/
• Morningstar: https://www.morningstar.com/

Please note that this information is provided for informational purposes only and should not be considered as investment advice. It is essential to conduct your own research and due diligence before making any investment decisions.