Dimensional Fund Advisors has been at it again, listing two non-US-market ETFs on the NYSE, extending the firm’s offering of systematic active transparent ETFs.
“Today’s listing further demonstrates our commitment to providing the financial professionals we work with a full suite of ETFs that complement our mutual fund and expanded separately managed accounts offerings,” says Dimensional Co-CEO and Chief Investment Officer Gerard O’Reilly. “Our strategies go beyond the cost efficiency and high diversification of passive indexing. They have the added benefits of daily, flexible implementation, which aim to deliver higher expected returns and support robust risk management.”
The listing and conversion of more than USD8 billion in non-US-market, tax-managed mutual funds to ETFs follow the firm’s launch of three core equity market ETFs in 2020 and the conversion of four of Dimensional’s tax-managed US mutual funds to active transparent ETFs in June of this year.
With a current total of nine listed equity ETFs, Dimensional has further solidified its position as one of the largest active ETF issuers in the industry, with more than USD40 billion in combined ETF assets under management. The firm plans to continue building on its progress in this market and aims to launch fixed income ETFs later this year.