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American Century ETF Trust - Avantis Emerging Markets Equity ETF
As we get further into 2021, we are more bullish on emerging markets equities than at any point in the past decade.
One tailwind for growth in EMs is ongoing weakness in the U.S. dollar, which appears to have entered a weakening cycle after an extended period of strength.
We see EM equities as trading about 15% cheaper relative to their long-term average discount compared to developed markets.