Asset manager Dimensional Fund Advisors reports that it approaches the three-year anniversary of the launch of its ETF business with positive net flows across all 35 of its ETFs.
The firm’s ETF assets under management (AUM) have risen to approximately USD100 billion during that time, with the firm writing that this establishes Dimensional as the industry leader in active ETFs and eighth-largest overall global issuer by AUM.
“We built our ETF offering in close conversation with the investment professionals we serve and have specifically designed these funds to meet diverse portfolio needs over time,” says Co-CEO and Chief Investment Officer Gerard O’Reilly. “The resulting suite offers a range of thoughtfully constructed funds spanning global equity, global fixed income, and global real estate markets, offering marketwide and more targeted style and market segment solutions.”
Dimensional writes that its active transparent ETFs offer the benefits of indexing—such as low fees, low turnover, and broad diversification—paired with flexible implementation that enables a more consistent focus on pursuing higher expected returns and managing risk. The firm makes innovative use of cash flows to help enable low-cost and tax-efficient rebalancing.
“We celebrate the three-year milestone alongside the financial professionals we have been privileged to work with over the last 40 years,” says Co-CEO Dave Butler. “We are committed to providing advisers and institutions with more choice and the ability to better tailor allocations to investors’ unique needs.”
Dimensional’s ETF suite has seen USD57.5 billion in net new ETF fund flows since the launch of the business in November 2020 and nearly USD22 billion in ETF flows in 2023.
Dimensional reports that it plans to list three more ETFs in coming months while also continuing to advocate for investor choice with its application to the SEC for ETF share class exemptive relief.
