Dimensional Reduces UK and Irish Equity and Fixed Income Fund Management Fees


Dimensional will reduce management fees across a broad range of UK and Irish equity and fixed income funds, representing a 12% reduction on an asset-weighted basis for the impacted funds. This represents 93% of the total assets under management in the UK and Irish registered funds managed by Dimensional UK and its affiliates. The fee reduction will go into effect 4 May 2021.

“For forty years, Dimensional has refined, enhanced and advanced its investment solutions, systems and processes and sought to pass those efficiencies and benefits back to clients,” Nathan Lacaze, Co-Chief Executive Officer, Dimensional UK. “We seek to continually innovate in our premium investment solutions and services while prioritising keeping management fees low.”

Dimensional has a track record of regularly reviewing and reducing fees and ongoing charges for the benefit of clients and investors, which has led to many reductions throughout the firm’s history.  

“We support financial professionals in making the best decision for those they serve,” John Romiza, Co-Chief Executive Officer, Dimensional UK. “We have always believed that controlling costs is an important discipline for investors. This large-scale fee reduction to some of our most popular funds follows reductions in 2015, 2019 and 2020 and shows our commitment to the discipline of cost control.”

Disclosures

FOR PROFESSIONAL USE ONLY. NOT FOR USE WITH RETAIL INVESTORS OR THE PUBLIC.

Prepared by Dimensional Fund Advisors Ltd. (DFAL) (an affiliate of Dimensional Fund Advisors Pte. Ltd.), 20 Triton Street, Regent’s Place, London, NW1 3BF. DFAL is authorised and regulated by the Financial Conduct Authority (FCA).

Directed only at professional clients as defined by the rules of the FCA or within the meaning of Markets in Financial Instruments Directive (MiFID) (2014/65/EU). The information in this material is intended for the recipient’s background information and use only. It is provided in good faith and without any warranty or, representation as to accuracy or completeness. Information and opinions presented in this material have been obtained or derived from sources believed by DFAL to be reliable and DFAL has reasonable grounds to believe that all factual information herein is true as at the date of this document. It does not constitute investment advice, recommendation, or an offer of any services or products for sale and is not intended to provide a sufficient basis on which to make an investment decision. It is the responsibility of any persons wishing to make a purchase to inform themselves of and observe all applicable laws and regulations. Unauthorised reproduction or transmitting of this material is strictly prohibited. DFAL accepts no responsibility for loss arising from the use of the information contained herein. DFAL issues information and materials in English and may also issue information and materials in certain other languages. The recipient’s continued acceptance of information and materials from DFAL will constitute the recipient’s consent to be provided with such information and materials, where relevant, in more than one language.

Source for performance information is provided by DFAL, as of the date of the material unless otherwise specified. Please contact a Dimensional representative if you wish to obtain the most recent month-end performance data. Average annual total returns include reinvestment of dividends and capital gains.

“Dimensional” refers to the Dimensional separate but affiliated entities generally, rather than to one particular entity. These entities are Dimensional Fund Advisors LP, Dimensional Fund Advisors Ltd., Dimensional Ireland Limited, DFA Australia Limited, Dimensional Fund Advisors Canada ULC, Dimensional Fund Advisors Pte. Ltd, Dimensional Ireland Limited, Dimensional Japan Ltd., and Dimensional Hong Kong Limited. Dimensional Hong Kong Limited is licensed by the Securities and Futures Commission to conduct Type 1 (dealing in securities) regulated activities only and does not provide asset management services.

The Emerging Markets Large Cap Core Equity Fund, European Value Fund, Global Core Equity Fund, Global Core Fixed Income Fund, Global Short Fixed Income Fund, Global Short-Term Investment Grade Fixed Income Fund, Global Targeted Value Fund, Pacific Basin Small Companies Fund, World Allocation 20/80 Fund, World Allocation 40/60 Fund, World Allocation 60/40 Fund, World Allocation 80/20 Fund and World Equity Fund are sub-funds of Dimensional Funds Plc (the "Dimensional funds") which is structured as an umbrella fund with segregated liability between sub-funds, established as an open-ended investment company with variable capital under the laws of Ireland with registration number 352043. Dimensional Funds Plc is authorised by the Central Bank of Ireland as an undertaking for collective investment in transferable securities (UCITS).

The Dimensional funds are offered solely under the terms and conditions of the respective fund’s Singapore prospectus (which incorporates the Ireland prospectus) and Product Highlights Sheet (together, the “Offering Documents”). The value of the investment can reduce as well as increase and therefore, the return on the investment necessarily will be variable. 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 Offering Documents carefully before investing. The latest version of the Offering Documents may be obtained by contacting a Dimensional representative.

RISKS
Investments involve risks. The investment return and principal value of an investment may fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original value. Past performance is not a guarantee of future results. There is no guarantee strategies will be successful.

Performance data shown represents past performance and is not a guarantee of future results. Current performance may be higher or lower than the performance shown. Performance may increase or decrease as a result of currency fluctuations.

The principal risks of investing in the Dimensional funds may include one or more of the following: market risk, small companies risk, risk of concentrating in the real estate industry, foreign securities and currencies risk, liquidity risk, political risk, tax risk, settlement risk, risk associated with availability of market information, emerging markets risk, banking concentration risk, interest rate risk, risk of investing for inflation protection, fixed income risk and/or fund-of-funds risk. To more fully understand the risks related to an investment in the funds, investors should carefully read each fund’s Offering Documents.