At Exchange 2023, American Century Investments’ vice president, head of ETF portfolio management Renee Casis, said that the investment firm is focused on the “shifting landscape in the market, both in equities and fixed income.” To address this changing landscape, Casis told NYSE’s Judy Shaw for ETF Leaders, powered by the New York Stock Exchange, that investors should consider two funds within American Century’s two different ETF brands.
The first is the Avantis U.S. Small Cap Value ETF (AVUV), a small-cap fund within the Avantis series of funds. Recent analysis from American Century has shown that small-caps stocks have seen very attractive valuations lately, trading near their widest discount to large-cap stocks in 23 years.
“We’ve seen a nice run in small caps over 2022, and with its value orientation, that can offer some really nice solutions for clients,” Casis said.
Casis described the funds within the Avantis brand as “more broader-based strategies that really focus on lower price multiple small cap and profitability.”
Casis also suggested investors consider the American Century Multisector Income ETF (MUSI), “which is a very active tactical way to manage fixed income with solutions.” MUSI is within the American Century branded ETFs, which the firm launched five years ago in January.
For more news, information, and analysis, visit the Core Strategies Channel.
newETFs.io respects the hard work of others and gives all credit to the remarkable folks at ETFTrends.com. This excerpt/article was pulled from their RSS feed; click here to view the original. Please note that on occasion, the RSS feed will not have the author. When this happens this site defaults the author to "News". Make no mistake, this excerpt/article was not created by newETFs.io, it was simply shared with you.