Dimensional Global Sustainability Trust Unhedged Class
About this Fund
|FUND MANAGER||DFA Australia|
|ASSET CLASS||GLOBAL EQUITIES|
|INVESTMENT STYLE||The Trust invests in a diversified portfolio of large companies associated with approved developed markets (excluding Australia).|
|INVESTMENT PROFILE||The Trust aims to provide long-term capital growth with increased emphasis on higher expected return securities, and adjusted to take into account certain environmental and sustainability impact and social considerations.|
|NO. OF HOLDINGS||1000+|
|FEES||0.36% p.a. of the net asset value of the Trust|
Benefits of investing in the Dimensional Global Sustainability Trust Unhedged Class Units
An investment in the Trust offers investors a range of key benefits:
The Trust may suit those investors seeking exposure to a diversified portfolio of securities listed on global developed markets (excluding Australia) with the potential for long-term capital growth. In particular, the Trust may suit those investors who seek to have certain environmental and sustainability impact and social considerations taken into account in the investment decision making process of the Trust. 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 by gaining exposure to a diversified portfolio of large companies associated with approved developed markets (excluding Australia), with increased emphasis on higher expected return securities, and adjusted to take into account certain environmental and sustainability impact and social considerations. 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 MSCI World ex Australia Index (net div.) (for unhedged class units), net div., hedged to AUD (for AUD hedged class units), or net div., hedged to NZD (for NZD hedged class units). 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.
How we invest your money
Dimensional'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 large companies associated with approved developed markets (excluding Australia). Dimensional generally defines large companies as those falling into the largest 85-90% of securities by market capitalisation in each eligible country (or region in the case of Europe).
Eligible securities for the strategy include securities of companies and Real Estate Investment Trusts (REITs) and REIT-like entities listed on approved developed markets (excluding Australia). Within the universe of eligible securities, the portfolio emphasises investment in securities with a higher expected return considering the dimensions described above. Dimensional may also take into account other factors when determining a security's weight in the portfolio.
Three classes of units are offered to all investors: unhedged class units, AUD hedged class units that are denominated in Australian dollars and NZD hedged class units that are denominated in New Zealand dollars. For the unhedged class units, foreign currency exposure is unhedged. For the AUD and NZD hedged class units, the Trust mitigates currency risk by hedging most major foreign currency exposures to the Australian dollar (for the AUD class units) or the New Zealand dollar (for the NZD class units). Other foreign currency exposure is either partially hedged using one of the major currencies that is in Dimensional's view correlated with the relevant currency (as a proxy), or not hedged depending on what Dimensional deems to be cost-efficient.
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*:
*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.