Avantis U.S. Quality ETF (AVUQ)

The Avantis U.S. Quality ETF is an actively managed equity fund from Avantis Investors, the systematic investment unit of American Century Investments. It invests in U.S. companies, primarily larger ones, with an emphasis on firms that show strong profitability and other measures of business quality.

Avantis uses financial statement data and market prices to estimate which companies have higher expected returns, favoring highly profitable businesses while also considering valuation. The portfolio remains broadly diversified across sectors rather than concentrated in a handful of names.

The managers adjust holdings on an ongoing basis instead of reconstituting on a fixed index schedule, aiming to maintain the strategy's quality tilt while controlling turnover and trading costs.