ActivePassive International Equity ETF (APIE)

ActivePassive International Equity ETF (APIE) is an exchange-traded fund in the Foreign Large Blend category. It has $1.16B in assets, an expense ratio of 0.45% and a 3.35% dividend yield. The fund is an actively-managed exchange-traded fund (“ETF”) that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund’s benchmark index, the S&P Classic ADR Composite Index. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of non-U.S. companies with varying market capitalizations.