Dimensional Reduces Management Fees on Select Managed Funds
Dimensional Fund Advisors, a global leader in systematic factor investing, will reduce management fees for several Dimensional Wholesale Trusts, effective 1 July 2024.
Dimensional regularly reviews, and where appropriate, reduces management fees for the benefit of clients and investors. Morningstar places the majority of Dimensional’s Trust’s management fees in the lowest quartile relative to peer funds.1
“We aim to empower financial professionals to make the best decisions they can for those they serve,” Dimensional Australia CEO, Bhanu Singh said. “We’ve always sought to ensure our investment strategies are priced competitively across asset classes.”
The following reduction in management fees will be effective on or around 1 July 2024:
Dimensional Wholesale Trusts
Management Fees
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About Dimensional Dimensional is a leading global investment firm that has been translating academic research into practical investment solutions since 1981. Guided by a strong belief in markets, we help investors pursue higher expected returns through a systematic investment process that integrates research insights with advanced portfolio design, management, and trading while balancing tradeoffs that can impact returns. Dimensional has 15 global offices across North America, Europe, Asia, and Australia and has been in Australia since 1994. |
Footnotes
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1. Data provided by Morningstar. The Dimensional analysis includes open-ended Australian Investment Trusts as of 10/06/2024. 24 out of 27 Dimensional Trusts are in the lowest management fee quartile within their Morningstar category, excluding funds in the 'Miscellaneous NZD' category.
Disclosures
AUSTRALIA
This material is issued by DFA Australia Limited (AFS License No. 238093, ABN 46 065 937 671). This material is provided for information only. No account has been taken of the objectives, financial situation or needs of any particular person. Accordingly, to the extent this material constitutes general financial product advice, investors should, before acting on the advice, consider the appropriateness of the advice, having regard to the investor’s objectives, financial situation and needs. Investors should also consider the Product Disclosure Statement (PDS) and the target market determination (TMD) that have been made for each financial product either issued or distributed by DFA Australia Limited prior to acquiring or continuing to hold any investment. Go to dimensional.com/funds to access a copy of the PDS or the relevant TMD. Any opinions expressed in this material reflect our judgement at the date of publication and are subject to change.
NEW ZEALAND
This material is issued by DFA Australia Limited (incorporated in Australia, AFS License No. 238093, ABN 46 065 937 671). This material is provided for information only. This material does not give any recommendation or opinion to acquire any financial product or any financial advice product, and is not financial advice to you or any other person. No account has been taken of the objectives, financial situation or needs of any particular person. Accordingly, investors should, before acting on the advice, consider the appropriateness of the advice, having regard to the investor’s objectives, financial situation and needs. Investors should also consider the Product Disclosure Statement (PDS) and for the Dimensional Wholesale Trusts the target market determination (TMD) that have been made for each financial product or financial advice product either issued or distributed by DFA Australia Limited prior to acquiring or continuing to hold any investment. Go to dimensional.com/funds to access a copy of the PDS or the relevant TMD. Any opinions expressed in this material reflect our judgement at the date of publication and are subject to change.