Dimensional Fund Advisors has expanded its ETF offering with the listing of the Dimensional US Large Cap Value ETF and Dimensional Global Real Estate ETF.
The firm writes that these new funds offer targeted access to premiums across a diversified set of domestic large cap value equities and a variety of US and international real estate equities. Both strategies are systematic active transparent ETFs built on Dimensional’s foundational investment approach that the firm has continuously refined over its 41-year history.
“Dimensional has been investing in both large cap value and real estate securities for three decades, providing capital markets expertise that we have now made available within ETFs,” says Co-CEO and Chief Investment Officer Gerard O’Reilly. “These new funds allow financial professionals to deliver an increasingly comprehensive Dimensional investment experience across vehicles and asset classes.”
The new funds, which are listed on the New York Stock Exchange (NYSE), are:
Dimensional US Large Cap Value ETF (NYSE Arca: DFLV)
• Net expense ratio: 0.22 per cent
• Description: US large cap value solution that targets higher expected returns and consistent exposure through a daily flexible process.
Dimensional Global Real Estate ETF (NYSE Arca: DFGR)
• Net expense ratio1: 0.24 per cent
• Description: Global real estate solution offering marketwide REIT exposure on a market-cap-weighted basis.
The firm writes that the two new funds join Dimensional’s growing ETF line-up, which is the industry’s largest set of actively managed ETFs and holds approximately USD70 billion in assets under management. Now totalling 30 funds, Dimensional’s ETF suite complements the firm’s mutual funds and expanded separately managed account (SMAs) offerings.
“For over four decades, Dimensional has been an industry leader in thoughtful research and meticulous implementation of the great ideas in financial science,” says Co-CEO Dave Butler. “Dimensional remains committed to continuously enhancing our offerings and bringing new mutual funds, ETFs, and SMAs to market that add value for clients.”
