Strategies /
World Ex US Govt. Fixed Income Portfolio (I)
| Inception Date | Ticker Symbol | CUSIP Number |
| December 6, 2011 | DWFIX | 233-20G-323 |
The investment objective of the DFA World ex US Government Fixed Income Portfolio is to maximize total returns from the universe of debt securities in which the Portfolio invests. Total return is comprised of income and capital appreciation. The Portfolio invests in a universe of investment grade obligations issued primarily by non-US governments and supranational organizations and their agencies. Generally, the Portfolio will purchase securities that mature within five and fifteen years from the date of settlement. The Portfolio will ordinarily have an average weighted maturity, based upon market values, of between three and ten years. The Portfolio will enter into forward foreign currency contracts to protect against uncertainty in the level of future foreign currency rates, to hedge against fluctuations in currency exchange rates, or to transfer balances from one currency to another.
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 % | |
| May 29, 2012 | $10.40 | $0.00 | 0.00% | |
Performance
| Updated Daily | ||||
|---|---|---|---|---|
| Total Returns | Year-to-Date | |||
| May 29, 2012 | 3.28% | |||
| Updated Monthly | ||||
|---|---|---|---|---|
| Total Returns | One Month | Three Month | Year-to-Date | |
| April 30, 2012 | 0.79% | 0.99% | 1.49% | |
| Updated Monthly | ||||
|---|---|---|---|---|
| Average Annual Total Returns | One Year | Five Years | Ten Years | Since Inception |
| April 30, 2012 | -- | -- | -- | 2.46% |
| Updated Quarterly | ||||
|---|---|---|---|---|
| Average Annual Total Returns | One Year | Five Years | Ten Years | Since Inception |
| As of March 31, 2012 | -- | -- | -- | 1.65% |
| Annual Expenses | -- | Total Operating Expense Ratio |
|---|---|---|
| As of -- | -- | -- |
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.
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Distributions
| Last 12 Months | |||||
|---|---|---|---|---|---|
| Type | Amount per Share | Record Date | Ex-dividend Date | Payable Date | Ex-dividend Price |
| Dividend | $0.0250 USD | 12/12/2011 | 12/13/2011 | 12/16/2011 | $9.96 USD |
Holdings
| As of April 30, 2012 | % of portfolio |
|---|---|
| JAPAN GOVERNMENT TEN YEAR BOND | 13.21 |
| FRANCE GOVERNMENT BOND OAT | 6.11 |
| UNITED KINGDOM GILT | 5.62 |
| FRANCE GOVERNMENT BOND OAT | 4.36 |
| FRANCE GOVERNMENT BOND OAT | 4.01 |
| SINGAPORE GOVERNMENT BOND | 3.81 |
| SWEDEN GOVERNMENT BOND | 3.77 |
| NORWAY GOVERNMENT BOND | 3.76 |
| NEW ZEALAND GOVERNMENT BOND | 3.74 |
| AUSTRIA GOVERNMENT BOND | 3.74 |
| DENMARK GOVERNMENT BOND | 3.70 |
| LUXEMBOURG GOVERNMENT BOND | 3.67 |
| JAPAN GOVERNMENT TWENTY YEAR BOND | 3.40 |
| INTERNATIONAL BANK FOR RECONSTRUCTION & DEVELOPMEN | 3.14 |
| KFW | 3.04 |
| FINLAND GOVERNMENT BOND | 2.83 |
| NETHERLANDS GOVERNMENT BOND | 2.32 |
| EUROPEAN UNION | 2.22 |
| NETWORK RAIL INFRASTRUCTURE FINANCE PLC | 2.12 |
| EUROPEAN INVESTMENT BANK | 1.90 |
| Total | 80.48 |
Sector Allocations
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).
Interest Rate Risk
Fixed income securities are subject to interest rate risk because the prices of fixed income securities tend to move in the opposite direction of interest rates. In general, fixed income securities with longer maturities are more sensitive to these price changes.
Credit Risk
Credit risk is the risk that the issuer of a security may be unable to make interest payments and/or repay principal when due. A downgrade to an issuer's credit rating or a perceived change in an issuer's financial strength may affect a security's value, and thus, impact a fund's performance. Credit risk is greater for fixed income securities with ratings below investment grade. Fixed income securities that are below investment grade involve high credit risk and are considered speculative. Below-investment grade fixed income securities may also fluctuate in value more than higher-quality fixed income securities.
Income Risk
Income risk is the risk that falling interest rates will cause the fund's income to decline.
Non-Diversification Risk
The risk that the fund may be more volatile than a diversified fund because it invests its assets in a smaller number of issuers. The gains or losses on a single security may, therefore, have a greater impact on the fund's net asset value.
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).
Interest Rate Risk
Fixed income securities are subject to interest rate risk because the prices of fixed income securities tend to move in the opposite direction of interest rates. In general, fixed income securities with longer maturities are more sensitive to these price changes.
Credit Risk
Credit risk is the risk that the issuer of a security may be unable to make interest payments and/or repay principal when due. A downgrade to an issuer's credit rating or a perceived change in an issuer's financial strength may affect a security's value, and thus, impact a fund's performance. Credit risk is greater for fixed income securities with ratings below investment grade. Fixed income securities that are below investment grade involve high credit risk and are considered speculative. Below-investment grade fixed income securities may also fluctuate in value more than higher-quality fixed income securities.
Income Risk
Income risk is the risk that falling interest rates will cause the fund's income to decline.
Non-Diversification Risk
The risk that the fund may be more volatile than a diversified fund because it invests its assets in a smaller number of issuers. The gains or losses on a single security may, therefore, have a greater impact on the fund's net asset value.
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.