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 % | |
| September 1, 2010 | $32.33 | $0.91 | 2.90% | |
Performance
| Updated Daily | ||||
|---|---|---|---|---|
| Total Returns | Year-to-Date | |||
| September 1, 2010 | 3.47% | |||
| Updated Monthly | ||||
|---|---|---|---|---|
| Total Returns | One Month | Three Month | Year-to-Date | |
| August 31, 2010 | -1.81% | 7.94% | 0.56% | |
| Updated Monthly | ||||
|---|---|---|---|---|
| Average Annual Total Returns | One Year | Five Years | Ten Years | Since Inception |
| August 31, 2010 | 19.72% | 15.63% | 16.47% | 15.34% |
| Updated Quarterly | ||||
|---|---|---|---|---|
| Average Annual Total Returns | One Year | Five Years | Ten Years | Since Inception |
| June 30, 2010 | 27.50% | 16.00% | 15.17% | 14.91% |
| Annual Expenses | Net Expense Ratio (to investor) | Total Operating Expense Ratio |
|---|---|---|
| October 31, 2009 | 0.62% | 0.62% |
Distributions
| Last 12 Months | |||||
|---|---|---|---|---|---|
| Type | Amount per Share | Record Date | Ex-dividend Date | Payable Date | Ex-dividend Price |
| Dividend | $0.1780 USD | 06/07/2010 | 06/08/2010 | 06/11/2010 | $28.52 USD |
| Dividend | $0.0960 USD | 12/08/2009 | 12/09/2009 | 12/14/2009 | $30.46 USD |
| Long-Term Gain | $0.4480 USD | 12/08/2009 | 12/09/2009 | 12/14/2009 | $30.46 USD |
| Short-Term Gain | $0.2530 USD | 12/08/2009 | 12/09/2009 | 12/14/2009 | $30.46 USD |
| Dividend | $0.0840 USD | 09/08/2009 | 09/09/2009 | 09/14/2009 | $28.40 USD |
Holdings
| As of July 31, 2010 | % of portfolio |
|---|---|
| GAZPROM OAO | 3.33 |
| BANK OF CHINA LTD | 1.84 |
| RELIANCE INDUSTRIES LTD | 1.63 |
| ICICI BANK LTD | 1.32 |
| LUKOIL OAO | 1.31 |
| BM&FBOVESPA SA | 1.25 |
| HYUNDAI MOTOR CO | 1.17 |
| POSCO | 1.12 |
| CEMEX SAB DE CV | 1.11 |
| USINAS SIDERURGICAS DE MINAS GERAIS SA | 1.01 |
| SANLAM LTD | 1.00 |
| GOLD FIELDS LTD | 0.94 |
| KB FINANCIAL GROUP INC | 0.86 |
| BANCO SANTANDER BRASIL SA/BRAZIL | 0.85 |
| METALURGICA GERDAU SA | 0.72 |
| EMPRESAS CMPC SA | 0.71 |
| FOMENTO ECONOMICO MEXICANO SAB DE CV | 0.71 |
| POLSKI KONCERN NAFTOWY ORLEN | 0.69 |
| GRUPO MEXICO SAB DE CV | 0.67 |
| GERDAU SA | 0.65 |
| Total | 22.91 |
Sector Allocations
| As of July 31, 2010 | % of portfolio |
|---|---|
| Financials | 29.8 |
| Materials | 20.1 |
| Energy | 11.9 |
| Industrials | 11.4 |
| Consumer Discretionary | 8.9 |
| Information Technology | 6.8 |
| Consumer Staples | 6.8 |
| Telecommunication Services | 1.8 |
| Utilities | 1.6 |
| Health Care | 0.8 |
| 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 (310) 395-8005; on the Internet at www.dimensional.com; or, by mail, DFA Securities LLC, c/o Dimensional Fund Advisors, 1299 Ocean Avenue, 11th Floor, Santa Monica, CA 90401.
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.
Performance data represents past performance. Past performance is no guarantee of future results, and current performance may be higher or lower than the performance displayed. The investment return and principal value of an investment will fluctuate such that an investor's shares, when redeemed, may be worth more or less than their original cost. Total returns include reinvestment of dividends and capital gains and are net of all fees and expenses. Prior to April 2002, certain international equity portfolios charged a reimbursement fee to the purchasers of shares of those portfolios.