Is Avantis Emerging Markets Equity Fund’s 6-Month Surge Just the Beginning of a Game-Changing Investment Opportunity?
If we invest in AVEM, we probably have to note that we probably get more mid-cap size companies that are more profitable and companies that are fair in value. This strategy will suck if large cap emerging markets did very well for a long time or value companies do value well for a long time.
I am pleasantly surprised by how Avantis have executed with AVEM thus far. Let’s see if I will have to swallow these words at the end of the year.
For those who are interested in investing in AVEM or EMVL, these are UCITS ETFs that are listed on the London Stock Exchange. You can invest in them through a broker such as Interactive Brokers. These ETFs are domicile in Ireland and more tax efficient. The more important point is that currently Ireland have zero estate tax for foreign non-resident. ETFs domicile in the US would have 18-40% estate tax. Of course dividend withholding tax (if there are dividends distributed) is 15% relative to 30% for the US domiciled ones.
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