Strategies /
Emerging Markets Value Portfolio (I)
| Inception Date | Ticker Symbol | CUSIP Number |
| April 1, 1998 | DFEVX | 233-203-587 |
The Emerging Markets Value Portfolio is a no-load mutual fund designed to achieve long-term capital appreciation. The Portfolio pursues its objective by investing in emerging markets equity securities that Dimensional deems to be value stocks at the time of purchase. Dimensional will consider, among other things, information disseminated by the International Finance Corporation in determining and approving countries that have emerging markets. Securities are considered value stocks primarily because a company's shares have a high book value in relation to their market value (BtM). This BtM sort excludes firms with negative or zero book values. In assessing value, additional factors such as price to cash flow or price to earning ratios may be considered, as well as economic conditions and developments in the issuer's industry. The criteria for assessing value are subject to change from time to time. The Portfolio currently invests in companies in Brazil, Chile, China, the Czech Republic, Hungary, India, Indonesia, Malaysia, Mexico, Philippines, Poland, South Africa, South Korea, Taiwan, Thailand, and Turkey. Due to repatriation restrictions, the Portfolio currently holds but does not purchase securities in Argentina.
For a full description, please consult the Portfolio's prospectus.
For a full description, please consult the Portfolio's prospectus.
Related materials
Prices
| Updated Daily | ||||
|---|---|---|---|---|
| Date | Closing Price | NAV Change $ | NAV Change % | |
| February 8, 2012 | $31.24 | $0.40 | 1.30% | |
Performance
| Updated Daily | ||||
|---|---|---|---|---|
| Total Returns | Year-to-Date | |||
| February 8, 2012 | 20.34% | |||
| Updated Monthly | ||||
|---|---|---|---|---|
| Total Returns | One Month | Three Month | Year-to-Date | |
| January 31, 2012 | 13.87% | 4.22% | 13.87% | |
| Updated Monthly | ||||
|---|---|---|---|---|
| Average Annual Total Returns | One Year | Five Years | Ten Years | Since Inception |
| January 31, 2012 | -12.57% | 5.60% | 18.34% | 13.89% |
| Updated Quarterly | ||||
|---|---|---|---|---|
| Average Annual Total Returns | One Year | Five Years | Ten Years | Since Inception |
| As of December 31, 2011 | -25.62% | 3.21% | 17.71% | 12.91% |
| Annual Expenses | Net Expense Ratio (to investor) | Total Operating Expense Ratio |
|---|---|---|
| As of October 31, 2011 | 0.61% | 0.61% |
Performance data shown represents past performance and is no guarantee of future results. Current performance may be higher or lower than the performance shown. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. To obtain performance data current to the most recent month-end, visit www.dimensional.com.
Distributions
| Last 12 Months | |||||
|---|---|---|---|---|---|
| Type | Amount per Share | Record Date | Ex-dividend Date | Payable Date | Ex-dividend Price |
| Dividend | $0.2120 USD | 12/12/2011 | 12/13/2011 | 12/16/2011 | $25.86 USD |
| Long-Term Gain | $0.3860 USD | 12/12/2011 | 12/13/2011 | 12/16/2011 | $25.86 USD |
| Dividend | $0.2400 USD | 09/07/2011 | 09/08/2011 | 09/13/2011 | $30.33 USD |
| Dividend | $0.1670 USD | 06/07/2011 | 06/08/2011 | 06/13/2011 | $35.38 USD |
Holdings
| As of January 31, 2012 | % of portfolio |
|---|---|
| GAZPROM OAO | 4.30 |
| PETROLEO BRASILEIRO SA | 2.64 |
| BANK OF CHINA LTD | 2.23 |
| PETROLEO BRASILEIRO SA | 2.18 |
| RELIANCE INDUSTRIES LTD | 1.78 |
| BM&FBOVESPA SA | 1.25 |
| STANDARD BANK GROUP LTD/SOUTH AFRICA | 1.22 |
| FOMENTO ECONOMICO MEXICANO SAB DE CV | 1.13 |
| POSCO | 1.08 |
| GOLD FIELDS LTD | 1.07 |
| SHINHAN FINANCIAL GROUP CO LTD | 1.02 |
| POSCO | 0.96 |
| LUKOIL OAO | 0.94 |
| CHINA PETROLEUM & CHEMICAL CORP | 0.91 |
| ICICI BANK LTD | 0.90 |
| CHINA UNICOM HONG KONG LTD | 0.88 |
| BANCO SANTANDER BRASIL SA/BRAZIL | 0.86 |
| CHINA CONSTRUCTION BANK CORP | 0.80 |
| KB FINANCIAL GROUP INC | 0.78 |
| CHINA PETROLEUM & CHEMICAL CORP | 0.78 |
| Total | 27.69 |
Sector Allocations
| As of January 31, 2012 | % of portfolio |
|---|---|
| Financials | 30.5 |
| Energy | 17.3 |
| Materials | 16.9 |
| Industrials | 10.5 |
| Consumer Discretionary | 7.3 |
| Information Technology | 6.9 |
| Consumer Staples | 6.5 |
| Telecommunication Services | 2.0 |
| Utilities | 1.5 |
| Health Care | 0.6 |
| Other | 0.0 |
| Total | 100.0 |
| Sectors defined by MSCI | |
Market Risk
Even a long-term investment approach cannot guarantee a profit. Economic, political, and issuer-specific events will cause the value of securities, and the funds that own them, to rise or fall. Because the value of your investment in a fund will fluctuate, there is a risk that you will lose money.
Foreign Securities and Currencies Risk
Foreign securities prices may decline or fluctuate because of: (a) economic or political actions of foreign governments, and/or (b) less regulated or liquid securities markets. Investors holding these securities are also exposed to foreign currency risk (the possibility that foreign currency will fluctuate in value against the US dollar).
Small Company Risk
Securities of small firms are often less liquid than those of large companies. As a result, small company stocks may fluctuate relatively more in price.
Emerging Markets Risk
Numerous emerging countries have recently experienced serious, and potentially continuing, economic and political problems. Stock markets in many emerging countries are relatively small, expensive and risky. Foreigners are often limited in their ability to invest in, and withdraw assets from, these markets. Additional restrictions may be imposed under other conditions.
Even a long-term investment approach cannot guarantee a profit. Economic, political, and issuer-specific events will cause the value of securities, and the funds that own them, to rise or fall. Because the value of your investment in a fund will fluctuate, there is a risk that you will lose money.
Foreign Securities and Currencies Risk
Foreign securities prices may decline or fluctuate because of: (a) economic or political actions of foreign governments, and/or (b) less regulated or liquid securities markets. Investors holding these securities are also exposed to foreign currency risk (the possibility that foreign currency will fluctuate in value against the US dollar).
Small Company Risk
Securities of small firms are often less liquid than those of large companies. As a result, small company stocks may fluctuate relatively more in price.
Emerging Markets Risk
Numerous emerging countries have recently experienced serious, and potentially continuing, economic and political problems. Stock markets in many emerging countries are relatively small, expensive and risky. Foreigners are often limited in their ability to invest in, and withdraw assets from, these markets. Additional restrictions may be imposed under other conditions.
Dimensional Fund Advisors is an investment advisor registered with the Securities and Exchange Commission. Consider the investment objectives, risks, and charges and expenses of the Dimensional funds carefully before investing. For this and other information about the Dimensional funds, please read the prospectus carefully before investing. Prospectuses are available by calling Dimensional Fund Advisors collect at (512) 306-7400 or at www.dimensional.com.
Mutual funds distributed by DFA Securities LLC
Mutual funds distributed by DFA Securities LLC
These Net Asset Values ("NAVs") have been prepared by the fund accounting agent. Dimensional Fund Advisors reserves the right to restate these NAV figures, if necessary, at any time.