The Trust is structured as a unit trust registered as a managed investment scheme. When you invest your money in the Trust you are issued units in the Trust and your money is pooled together with other people’s money. We use this pool of money to buy investments and manage them on behalf of all investors.

The investment objective of the Trust is to provide long-term capital growth and to seek franked dividends by gaining exposure to a diversified portfolio of securities listed in Australia.

Benefits of investing in the Dimensional Australian Core Imputation Trust

An investment in the Trust offers investors a range of key benefits:

• The investment strategy is grounded in rigorous academic research.

• The investment strategy will provide continuous exposure to a professionally managed portfolio of securities listed in Australia.

• The investment strategy is diversified to manage risk. Diversification also provides flexibility, which in turn allows for more efficient implementation of the portfolio.

• Dimensional seeks to keep costs low by paying close attention to costs, including both management and implementation costs.

• Direct investors receive regular investment statements and an annual tax statement to keep you up-to-date on your investment.

• The portfolio emphasises investment in securities paying franked dividends. This may suit those investors with a preference for franking credits, such as Australian investors with a zero tax rate.

Risk level

High

Investor suitability

The Trust may suit those investors seeking exposure to a diversified portfolio of securities listed in Australia with the potential for long-term capital growth and franked dividends. In particular, the Trust may suit investors with a preference for franking credits such as Australian investors with a zero tax rate. Investors in this Trust will be exposed to share market volatility.

About the Fund

The investment objective of the Trust is to provide long-term capital growth and to seek franked dividends by gaining exposure to a diversified portfolio of securities listed in Australia. The Trust is not managed with the objective of achieving a particular return relative to a benchmark index. However, to compare the performance of the Trust with a broad measure of market performance, reference may be made to the S&P/ASX 300 Index. Investors should note that the index is referred to for comparison purposes only. The index is not intended to represent the current or targeted asset allocation of the Trust. The performance of the Trust may differ significantly from the index.

The portfolio emphasises investment in securities paying franked dividends and those with a higher expected return (see section 5 of the PDS for details).

How we invest your money

Dimensional's equity portfolios are based on dimensions of expected returns that have been identified by academic research:

1. The overall market - stocks have higher expected returns than bonds.
2. Company size - small company stocks have higher expected returns than large company stocks.
3. Relative price - low relative price or value' stocks have higher expected returns than high relative price stocks.
4. Profitability - stocks with higher profitability have higher expected returns than stocks with lower profitability.

Ordinarily, the Trust will invest in a diversified market-wide portfolio of Australian securities. The portfolio emphasises investment in securities paying franked dividends and those

with a higher expected return considering the dimensions described above. In addition, Dimensional may also take into account other factors when determining a security's weight in the portfolio. Dimensional assumes investors are Australian residents with a zero tax rate for the purpose of making portfolio management decisions.

The Trust may lend securities for the purpose of generating additional income. The Trust may gain some or all of its market exposure by investing in other funds managed by Dimensional or its affiliates (including other Dimensional Wholesale Trusts).

Other members of the Dimensional Group may on occasion undertake the day-to-day trading of the securities and make investment decisions under delegated authority from Dimensional.

Strategic asset allocation

Under normal circumstances, the Trust will invest in accordance with the following target allocation range*:

• Australian shares: 100%

*The Trust is expected to be fully invested. A portion of the portfolio may be allocated to cash for liquidity purposes. Please refer to the Additional Information Guide for further information.