American Century ETF Trust (AVSC)

US ETF American Century ETF Trust

Profile

The American Century ETF Trust offers a diverse range of actively managed exchange-traded funds (ETFs) across various asset classes and investment styles. These ETFs aim to deliver long-term capital appreciation and income generation for their shareholders.

Objective

The primary investment goal of American Century ETF Trust is to provide investors with diversified exposure to specific market segments through actively managed portfolios. The ETFs seek to outperform their respective benchmarks by leveraging the expertise of American Century's experienced investment teams.

Issuer

American Century Investments

Reputation and Reliability: American Century Investments is a reputable and well-established asset management firm with over 60 years of experience in the industry. It manages over $290 billion in assets across various investment vehicles, including mutual funds, ETFs, and institutional products. The firm is known for its long-term investment approach and commitment to delivering strong risk-adjusted returns.

Management: The American Century ETF Trust is managed by experienced portfolio managers with deep expertise in their respective asset classes and investment styles. The team utilizes a rigorous research process and active management approach to identify promising investment opportunities and manage portfolio risk.

Market Share

American Century ETF Trust holds a relatively small market share within the overall ETF landscape. However, the firm is known for its niche offerings and actively managed approach, which has attracted a loyal investor base.

Total Net Assets

As of November 10, 2023, the American Century ETF Trust has approximately $15 billion in total net assets under management.

Moat

American Century ETF Trust's competitive advantages include:

• Experienced investment team: The firm employs a team of seasoned portfolio managers with a proven track record of success.
• Active management approach: The ETFs actively seek to outperform their benchmarks through fundamental analysis and security selection.
• Niche offerings: American Century offers several unique ETF strategies focusing on specific sectors, themes, and investment styles.

Financial Performance

The financial performance of American Century ETFs varies across the fund offerings. Some have outperformed their benchmarks, while others have underperformed. Investors should carefully review the performance history of each ETF before making an investment decision.

Growth Trajectory

The long-term growth trajectory of American Century ETF Trust depends on factors such as market conditions, investor demand, and the firm's ability to generate strong investment performance. However, the firm's strong brand recognition and growing ETF business suggest potential for future growth.

Liquidity

The liquidity of American Century ETFs varies depending on the specific fund. Generally, the larger ETFs have higher trading volumes and tighter bid-ask spreads, indicating greater liquidity.

Market Dynamics

Market dynamics affecting American Century ETFs include:

• Economic indicators: Economic growth, interest rates, and inflation can impact the performance of different asset classes.
• Sector growth prospects: The growth prospects of specific sectors and industries can influence the performance of sector-specific ETFs.
• Current market conditions: Volatility, market sentiment, and investor risk appetite can affect the overall ETF market.

Competitors

Key competitors of American Century ETF Trust include:

• BlackRock (iShares): With over $2.2 trillion in ETF assets, BlackRock is the world's largest ETF provider.
• Vanguard: Vanguard offers low-cost, broadly diversified ETFs with over $1.6 trillion in assets under management.
• State Street Global Advisors (SPDR): State Street is a major ETF provider with over $1 trillion in ETF assets.

Expense Ratio

The expense ratios of American Century ETFs vary depending on the specific fund. Generally, the expense ratios are in line with other actively managed ETFs in the same category.

Investment Approach and Strategy

American Century ETF Trust utilizes an active management approach. The ETFs typically invest in a diversified portfolio of stocks, bonds, or other assets, depending on the fund's specific investment objective.

Key Points

• Experienced investment team with a strong track record.
• Diverse range of actively managed ETF offerings.
• Focus on long-term capital appreciation and income generation.
• Competitive expense ratios.

Risks

Volatility: The value of American Century ETFs can fluctuate due to market conditions and changes in underlying asset prices. Market Risk: The ETF's performance is directly tied to the performance of its underlying assets, which may be subject to various risks, including economic factors, company-specific risks, and industry-specific risks.

Who Should Consider Investing

American Century ETFs may be suitable for investors seeking:

• Active management: Investors who prefer actively managed portfolios that aim to outperform their benchmarks.
• Niche exposure: Investors seeking exposure to specific sectors, themes, or investment styles.
• Long-term growth potential: Investors with a long-term investment horizon and a focus on capital appreciation.

Fundamental Rating Based on AI

Rating: 7.5/10

American Century ETF Trust receives a rating of 7.5 out of 10 based on an AI-driven analysis of its fundamentals. The rating considers various factors, including financial performance, market share, investment strategy, and competitive advantages.

The AI system notes the firm's strong brand reputation, experienced investment team, and unique ETF offerings as positive attributes. However, the relatively small market share and potential for higher volatility due to the active management approach are identified as areas for consideration.

Disclaimer: This analysis is provided for informational purposes only and should not be considered investment advice. Investors should carefully research and understand the risks involved before investing in any ETF.

Resources

• American Century ETF Trust website: https://www.americancenturyetfs.com/
• Morningstar ETF Research Center: https://www.morningstar.com/etfs