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Dimensional World Equity Trust

About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/100540-2023-11-12-02:21.pdf
FUND MANAGER DFA Australia
ASX Code
APIR DFA0035AU
ASSET CLASS GLOBAL EQUITIES
INVESTMENT STYLE The Trust invests in a diversified portfolio of companies and real estate securities listed on approved developed and emerging markets.
INVESTMENT PROFILE To provide a total return, consisting of capital appreciation and income.
CURRENCY MANAGEMENT Unhedged
INCEPTION DATE 01-07-2013
BENCHMARK N/A
FUND SIZE N/A
DISTRIBUTION FREQUENCY Half-yearly
NO. OF HOLDINGS 5000+
FEES 0.42% p.a. of the NAV of the Trust
STRUCTURE

Benefits

Benefits

Benefits of investing in the Dimensional World Equity Trust

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

  • The investment strategy is grounded in rigorous academic research.
  • The Trust's asset allocation is monitored and rebalanced by Dimensional.
  • The investment strategy will provide continuous exposure to a professionally managed portfolio of securities.
  • 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.
  • For the taxable investor, Dimensional seeks to maximise after-tax returns. It does this
  • by managing the Trust in a way that aims to defer the realisation of net capital gains where possible and to manage dividend income.

Risk level

High

Investor suitability

The Trust may suit those investors seeking exposure to a diversified portfolio of equities. Investors in this Trust will be exposed to share market volatility.

RISK LEVEL
INVESTOR SUITABILITY

Risks

Title
Detail

Key Features

About the Fund

To provide a total return, consisting of capital appreciation and income, by gaining exposure to a diversified portfolio of companies and real estate securities listed on approved developed and emerging markets. 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 a combination of market indices based on the strategic asset allocation of the Trust. For further details please refer to www.dimensional.com.au. Investors should note that the composite index is referred to for comparison purposes only. The performance of the Trust may differ significantly from the index.

Mandate

How we invest your money

Normally, the Trust will gain some or all of its exposure by investing in other funds managed by the Dimensional Group (including other Dimensional Wholesale Trusts) that invest in equity and real estate securities. As at the date of this PDS, the Trust will seek exposure to equities (including real estate securities) as set out in the table above. The actual exposure may vary from the target exposure due to trading, portfolio management or market considerations.

As at the date of this PDS, it is intended that the weighting to Australian equities will be significantly greater than this asset class would represent if it were Market Capitalisation Weighted. The underlying funds in which the Trust may invest, its allocation with respect to each underlying fund, the target allocation range, and the investment policies of

the underlying funds, may be changed at any time by Dimensional. The Trust may also gain exposure by investing directly in securities that would fall within each asset class set out above as determined by Dimensional. Please refer to Dimensional's website

at www.dimensional.com.au for updated asset allocation information.

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).

Members of the Dimensional Group will generally undertake the day-to-day trading of the securities, and on occasion may also make investment decisions, in their respective geographic regions under delegated authority from Dimensional.

Strategic asset allocation

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

(Asset Class - Underlying Fund**: Target Allocation Range**)

  • Australian equities - Dimensional Australian Core Equity Trust: 26-46%
  • International equities (Developed markets) - Dimensional Global Core Equity Trust AUD hedged class units and unhedged class units: 40-60%
  • International equities (Emerging markets) - Dimensional Emerging Markets Trust: 2-12%
  • Real estate securities - Dimensional Global Real Estate Trust***: 2-12%

*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.

**As at the date of the PDS.

***The Trust may obtain additional exposure to real estate securities through investment in the Dimensional Australian Core Equity Trust and Dimensional Global Core Equity Trust.