Dimensional Fund Advisors has expanded its ETF offering with the listing of three emerging markets equity ETFs, which offer broadly diversified exposure to core, value, and high profitability equities within emerging markets.
“Dimensional’s expanded ETF suite leverages the firm’s 40-year track record of thoughtful portfolio design and flexible, cost-efficient implementation,” says Co-CEO and Chief Investment Officer Gerard O’Reilly. “Investors can benefit from these funds’ broadly diversified exposure to emerging markets, delivered with a robust, systematic, and scalable pursuit of higher expected returns.”
The new funds, which are listed on the New York Stock Exchange (NYSE), are the Emerging Markets Core Equity ETF (NYSE: DFEM) with a net expense ratio of 0.39 per cent, designed to offer an emerging markets total market solution that targets higher expected returns and consistent exposure through a daily flexible process. The next fund is the Emerging Markets Value ETF (NYSE: DFEV), with a net expense ratio of 0.43 per cent, designed to provide an emerging markets value solution that targets higher expected returns and consistent exposure through a daily flexible process and the final fund is the Emerging Markets High Profitability ETF (NYSE: DEHP), with a net expense ratio: 0.41 per cent, designed to provide an emerging markets high profitability solution covering large caps and mid-caps that targets higher expected returns and consistent exposure through a daily flexible process.
The three new funds join the growing lineup of Dimensional ETFs, now totalling 23 funds and approximately USD48 billion in AUM, which are designed to complement the firm’s existing mutual funds and expanded separately managed accounts (SMAs) offerings.
“Our expanding ETF suite provides financial professionals with a full set of solutions to build globally diversified asset allocation models using Dimensional ETFs,” says Co-CEO Dave Butler. “We’re pleased with the strong demand we are seeing for our ETF suite and look forward to serving our clients with even broader exposure to Dimensional portfolios across geographies, asset classes, and solution types.”