Dimensional Reduces UK and Irish Equity and Fixed Income Fund Management Fees
Dimensional Fund Advisors Ltd, a global leader in systematic factor investing, will reduce management fees across 20 UK- and Irish-domiciled funds, effective April 1, 2022. The changes represent a 6% reduction on an asset-weighted basis for the impacted funds, which cover a broad range of equity, fixed income and sustainability investment solutions.
Throughout its history, Dimensional has continually enhanced its investment solutions and sought to pass efficiencies and benefits of scale along to clients. Dimensional is proactive in taking a long-term view as it seeks to deliver value over index, traditional active, and systematic active strategies.
“For 40 years, Dimensional has refined, enhanced and advanced its investment solutions, systems and processes and sought to pass those efficiencies and benefits back to clients,” Nathan Lacaze, Co-Chief Executive Officer, Dimensional Fund Advisors Ltd. “We are committed to continuing to offer investors robust solutions that provide the benefits of indexing with the higher expected returns and increased risk management of flexible, daily implementation.”
Dimensional has a track record of regularly reviewing and reducing fees and ongoing charges for the benefit of clients and investors.
“We support financial professionals in making the best decision for those they serve” John Romiza, Co-Chief Executive Officer, Dimensional Fund Advisors Ltd.. “The fee reductions helps the important discipline of cost control and will lead to better outcomes for investors.”
| About Dimensional Dimensional is a global investment manager with more than 40 years of experience going beyond indexing by providing diversified, low-cost solutions that also target higher expected returns. |
Disclosures
FOR PROFESSIONAL USE ONLY. NOT FOR USE WITH RETAIL INVESTORS.
WHERE ISSUED BY DIMENSIONAL IRELAND LIMITED
Issued by Dimensional Ireland Limited (Dimensional Ireland), with registered office 25 North Wall Quay, Dublin 1, D01 H104, Ireland. Dimensional Ireland is regulated by the Central Bank of Ireland (Registration No. C185067).
Directed only at professional clients within the meaning of Markets in Financial Instruments Directive (MiFID) (2014/65/EU).
WHERE ISSUED BY DIMENSIONAL FUND ADVISORS LTD.
Issued by Dimensional Fund Advisors Ltd. (Dimensional UK), 20 Triton Street, Regent’s Place, London, NW1 3BF. Dimensional UK is authorised and regulated by the Financial Conduct Authority (FCA) - Firm Reference No. 150100.
Directed only at professional clients as defined by the rules of the FCA.
The information in this material is intended for the recipient’s background information and use only. It is provided in good faith and without any warranty or representation as to accuracy or completeness. Information and opinions presented in this material have been obtained or derived from sources believed by Dimensional Ireland and Dimensional UK, as applicable (each an "Issuing Entity", as the context requires), to be reliable and the Issuing Entity has reasonable grounds to believe that all factual information herein is true as at the date of this document. It does not constitute investment advice, recommendation or an offer of any services or products for sale and is not intended to provide a sufficient basis on which to make an investment decision. It is the responsibility of any persons wishing to make a purchase to inform themselves of and observe all applicable laws and regulations. Unauthorised reproduction or transmitting of this material is strictly prohibited. The Issuing Entity does not accept responsibility for loss arising from the use of the information contained herein.
The Issuing Entity issues information and materials in English and may also issue information and materials in certain other languages. The recipients continued acceptance of information and materials from the Issuing Entity will constitute the recipient’s consent to be provided with such information and materials, where relevant, in more than one language.
Performance information is provided by Dimensional, as at the date of the material unless otherwise specified. To obtain performance data current to the most recent month-end, visit www.dimensional.com. Average annual total returns include reinvestment of dividends and capital gains.
“Dimensional” refers to the Dimensional separate but affiliated entities generally, rather than to one particular entity. These entities are Dimensional Fund Advisors LP, Dimensional Fund Advisors Ltd., Dimensional Ireland Limited, DFA Australia Limited, Dimensional Fund Advisors Canada ULC, Dimensional Fund Advisors Pte. Ltd., Dimensional Japan Ltd., and Dimensional Hong Kong Limited.
This is a marketing communication. Please refer to the prospectus of the UCITS, KID and KIID before making any final investment decisions.
DIMENSIONAL FUNDS PLC:
Dimensional Funds plc is structured as an umbrella fund with segregated liability between sub-funds, established as an open-ended investment company with variable capital under the laws of Ireland with registration number 352043. Dimensional Funds plc is authorised by the Central Bank of Ireland as an undertaking for collective investment in transferable securities (UCITS).
DIMENSIONAL FUNDS II PLC:
Dimensional Funds II plc is structured as an umbrella fund with segregated liability between sub-funds, established as an open-ended investment company with variable capital under the laws of Ireland with registration number 431052. Dimensional Funds II plc is authorised by the Central Bank of Ireland as an undertaking for collective investment in transferable securities (UCITS).
DIMENSIONAL FUNDS ICAV:
Dimensional Funds ICAV is structured as an open-ended umbrella type Irish collective asset-management vehicle with limited liability and an umbrella fund with segregated liability between sub-funds, registered with and authorised by the Central Bank of Ireland, with registration number 557141, to carry on business as an ICAV and established as an undertaking for collective investment in transferable securities (UCITS).
DIMENSIONAL FUNDS ICVC:
Dimensional Funds ICVC is an investment company with variable capital incorporated with limited liability and registered in England and Wales with registration number IC000258 and authorised by the FCA as a UK UCITS. Dimensional UK is the Authorised Corporate Director of Dimensional Funds ICVC. The sub-funds are operated separately and the assets of each sub-fund are managed in accordance with the investment objective and policy applicable to that sub-fund.
Dimensional Funds ICVC (the “UK Funds”), Dimensional Funds plc, Dimensional Funds II plc and Dimensional Funds ICAV (the “Irish Funds”) (together the “Dimensional Funds”) are offered solely under the terms and conditions of the respective fund’s current prospectus and applicable UCITS Key Investor Information Document (KIID) and applicable Packaged Retail and Insurance-based Investment Products (PRIIPs) - Key Information Document (KID). Consider the investment objectives, risks, and charges and expenses of the Dimensional Funds carefully before investing. For this and other information about the Dimensional Funds, please read the prospectus, KID and KIID carefully before investing. The latest version of the prospectus, applicable UCITS KIID (available in English) and applicable PRIIPs KID (available in English and the appropriate local language) for the UK Funds may be obtained at www.dimensional.com or by contacting the Fund’s administrator, or its investment manager at +44 (0)20 3033 3300. The latest version of the prospectus, applicable UCITS KIID (available in English) and applicable PRIIPs KID (available in English and the appropriate local language) for the Irish Funds may be obtained at www.dimensional.com or by contacting the Fund’s administrator at +353 1 242 5536, its distributor Dimensional Ireland Limited at +353 1 576 9750 or, if in the United Kingdom, its sub-distributor Dimensional Fund Advisors Ltd. at +44 (0)20 3033 3300.
In addition, a summary of investor rights is available at www.dimensional.com/ssr. The summary is available in English.
Dimensional Funds plc, Dimensional Funds II plc and Dimensional Funds ICAV are currently notified for marketing into a number of EU member states under the UCITS Directive. Dimensional Funds plc, Dimensional Funds II plc and Dimensional Funds ICAV can terminate such notifications for any Dimensional funds at any time using the process contained in Article 93a of the UCITS Directive. Dimensional Funds plc, Dimensional Funds II plc and Dimensional Funds ICAV are also recognised in the United Kingdom by the Financial Conduct Authority under the UK’s Overseas Funds Regime and can be marketed in the UK.
The Dimensional funds are offered solely under the terms and conditions of the respective fund’s Singapore prospectus (which incorporates the Ireland prospectus) and Product Highlights Sheet (together, the “Offering Documents”). The value of the investment can reduce as well as increase and therefore, the return on the investment necessarily will be variable. Consider the investment objectives, risks, and charges and expenses of the Dimensional funds carefully before investing. For this and other information about the Dimensional funds, please read the Offering Documents carefully before investing. The latest version of the Offering Documents may be obtained by contacting a Dimensional representative.
RISKS
Investments involve risks. The investment return and principal value of an investment may fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original value. Past performance is not a guarantee of future results. There is no guarantee strategies will be successful.
Performance data shown represents past performance and is not a guarantee of future results. Current performance may be higher or lower than the performance shown. Performance may increase or decrease as a result of currency fluctuations.
The principal risks of investing in the Dimensional funds may include one or more of the following: market risk, small companies risk, risk of concentrating in the real estate industry, foreign securities and currencies risk, liquidity risk, political risk, tax risk, settlement risk, risk associated with availability of market information, emerging markets risk, banking concentration risk, interest rate risk, risk of investing for inflation protection, fixed income risk and/or fund-of-funds risk. To more fully understand the risks related to an investment in the funds, investors should carefully read each fund’s prospectus, KID and KIID.
FOR LICENSED OR EXEMPT FINANCIAL ADVISORS AND INSTITUTIONAL INVESTORS IN SINGAPORE
This material is deemed to be issued by Dimensional Fund Advisors Pte. Ltd. (UEN:201210847M), which is regulated by the Monetary Authority of Singapore and holds a capital markets services license for fund management.
This advertisement has not been reviewed by the Monetary Authority of Singapore or the Central Provident Fund (CPF) Board.
For use by institutional investors and licensed or exempt financial advisors only in Singapore for internal training and educational purposes and not for the purpose of inducing, or attempting to induce, such institutional investors or financial advisors to make an investment. Not for use with the public.
This information should not be considered investment advice or an offer of any security for sale. All information is given in good faith without any warranty and is not intended to provide professional, investment, or any other type of advice or recommendation and does not take into account the particular investment objectives, financial situation, or needs of individual recipients. Before acting on any information in this document, you should consider whether it is suitable for your particular circumstances and, if appropriate, seek professional advice. Dimensional Fund Advisors Pte. Ltd. does not accept any responsibility and cannot be held liable for any person’s use of or reliance on the information and opinions contained herein. Neither Dimensional Fund Advisors Pte. Ltd. nor its affiliates shall be responsible or held responsible for any content prepared by institutional investors or financial advisors.