VA Global Bond Portfolio


Inception Date
January 12, 1995
CUSIP Number
233-203-728

The investment objective of the VA Global Bond Portfolio is to maximize total returns available from a universe of high quality fixed income instruments maturing in five years or less. Generally, the Portfolio will buy obligations of issuers that might include the US and other national governments, supranational organizations (e.g., the World Bank), and domestic and foreign corporations. The Portfolio seeks to hedge all foreign currency risks.

For a full description, please consult the Portfolio's prospectus.

Prices
Updated Daily
 
Date Closing Price NAV Change $ NAV Change %
May 12, 2008 $10.88 $0.00 0.00%

These Net Asset Values ("NAVs") have been prepared by the fund accounting agent. Dimensional Fund Advisors reserves the right to restate these NAVs, if necessary, at any time.


Performance
 
Updated Daily
Total Returns Year-to-Date
As of May 12, 2008 0.83%


Updated Monthly
Total Returns One Month Three Month Year-to-Date
As of April 30, 2008 -0.82% -0.09% 0.46%
 
Average Annual Total Returns One Year Five Years Ten Years Since Inception
As of April 30, 2008 4.11% 3.06% 4.83% 6.09%


Updated Quarterly
Average Annual Total Returns One Year Five Years Ten Years Since Inception
As of March 31, 2008 5.37% 3.31% 4.96% 6.20%

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.


Annual Expenses Total Operating
Expense Ratio
Net Expense Ratio
(to investor)
As of November 30, 2007 0.31% 0.31%



Distributions
Last 12 Months
 

Type
Amount per Share Record Date Ex-dividend Date Payable Date Ex-dividend Price
Dividend $0.2150 12/18/2007 12/19/2007 12/24/2007 $10.78


Top Holdings
 

As of April 30, 2008

% of Portfolio
912828HC7 T-NOTE 4.125 8/31/12 9.51
912828GM6 T NOTE 4.5% 03/31/12 8.50
US TREASURY NOTE 7.81
U.S. TREASURY NOTE 4.625%, 7/31/12 7.16
L14392 US TREASURY NOTE 5.24
U.S. TREASURY NOTES 4.43
TOYOTA MTR CRED 1.3% 03/16/12 3.02
NORDDEUTSCHE LANDESBANK .9% 02/08/10 2.91
WELLS FARGO CO 5.38 09/23/09 2.69
INSTITUT CREDITO OFICIAL 1.50 09/20/12 2.68
EKSPORTFINANS., 1.800% DUE 6/21/10 2.57
RABOBANK 02/03/11 .80 2.56
JP MORGAN CHASE AND CO 2.48
AFRICAN DEVELOPMENT BANK 1.95% 03/23/10 2.43
GENERAL ELECTRIC CAP CORPORATION. 1.45% 11/10/11 2.41
JAPAN FIN CORP MUNI ENT 1.55% 02/21/12 2.38
NO NAME PROVIDED 2.38
HEWLETT-PACKARD CO 2.35
BP CAPITAL MARKETS PLC 12/29/09 1.25 2.34
PACCAR FINANCIAL CORP 12/03/10 2.26
Total 78.11


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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.

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 Inc., c/o Dimensional Fund Advisors, 1299 Ocean Avenue, Santa Monica, CA 90401.

Mutual funds distributed by DFA Securities Inc.