Dimensional Australian Small Company Trust
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/100534-2023-11-18-02:21.pdf |
FUND MANAGER | DFA Australia |
ASX Code | |
APIR | DFA0104AU |
ASSET CLASS | SMALL CAP EQUITIES |
INVESTMENT STYLE | The investment objective of the Trust is to provide long-term capital growth by gaining exposure to a diversified portfolio of small companies listed in Australia. |
INVESTMENT PROFILE | The Trust may suit those investors seeking exposure to a diversified portfolio of small companies listed in Australia with the potential for long-term capital growth. Investors in this Trust will be exposed to share market volatility. |
CURRENCY MANAGEMENT | Unhedged |
INCEPTION DATE | 03-10-2000 |
BENCHMARK | N/A |
FUND SIZE | N/A |
DISTRIBUTION FREQUENCY | Quarterly |
NO. OF HOLDINGS | 200+ |
FEES | 0.61% p.a. of the net asset value of the Trust |
STRUCTURE |
Benefits
Benefits | Benefits of investing in the Dimensional Australian Small Company TrustAn investment in the Trust offers investors a range of key benefits:
Risk levelVery High Investor suitabilityThe Trust may suit those investors seeking exposure to a diversified portfolio of small companies listed in Australia with the potential for long-term capital growth. Investors in this Trust will be exposed to share market volatility. |
RISK LEVEL | |
INVESTOR SUITABILITY |
Risks
Title | |
Detail |
Key Features
About the FundThe investment objective of the Trust is to provide long-term capital growth by gaining exposure to a diversified portfolio of small companies 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 Small Ordinaries 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. |
Mandate
How we invest your moneyDimensional's equity portfolios are based on dimensions of expected returns that have been identified by academic research:
Ordinarily, the Trust will invest in a diversified portfolio of Australian small companies. Dimensional generally defines small companies as those companies which represent approximately the smallest 15% of securities by market capitalisation listed in Australia. Within the Trust's eligible universe of small company stocks, the portfolio emphasizes investment in securities 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. 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 allocationUnder normal circumstances, the Trust will invest in accordance with the following target allocation range*:
*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. |