Strategies /
Global Real Estate Trust
| Inception Date | APIR Code |
| October 29, 2007 | DFA0005AU |
The objective of the Global Real Estate Trust is to provide long-term capital growth through access to international and Australian listed real estate securities. The Trust is designed to be a component in a diversified portfolio.
The Trust may invest in a diverse group of listed real estate securities, including securities of real estate investment trusts (REITs), REIT-like entities, and entities principally engaged in the real estate industry. REIT-like entities are considered to be those structures (such as listed property trusts in Australia) that pool investors' funds for investment primarily in income-producing real estate or real estate-related loans or interests and provide a pass-through tax treatment for investors.
Ordinarily, the Trust will pursue its objective by investing in a diverse group of listed real estate securities in Australia and each eligible country.
Dimensional's Investment Committee determines which countries are eligible for the Trust. In line with the preferences of many Australian investors, the allocation to Australia, at approximately three times its natural weighting, is significantly greater than if the country were weighted according to market capitalisation. The weighting for other countries, and for individual securities within those countries, is based on market capitalisation but adjusted to manage exposure to foreign investment fund (FIF) tax liability.
The Trust may invest in a diverse group of listed real estate securities, including securities of real estate investment trusts (REITs), REIT-like entities, and entities principally engaged in the real estate industry. REIT-like entities are considered to be those structures (such as listed property trusts in Australia) that pool investors' funds for investment primarily in income-producing real estate or real estate-related loans or interests and provide a pass-through tax treatment for investors.
Ordinarily, the Trust will pursue its objective by investing in a diverse group of listed real estate securities in Australia and each eligible country.
Dimensional's Investment Committee determines which countries are eligible for the Trust. In line with the preferences of many Australian investors, the allocation to Australia, at approximately three times its natural weighting, is significantly greater than if the country were weighted according to market capitalisation. The weighting for other countries, and for individual securities within those countries, is based on market capitalisation but adjusted to manage exposure to foreign investment fund (FIF) tax liability.
Prices
| Updated Daily | ||||
|---|---|---|---|---|
| Date | Closing Price | NAV Change $ | NAV Change % | |
| May 21, 2012 | $5.36 | $0.08 | 1.52% | |
Performance
| Updated Daily | ||||
|---|---|---|---|---|
| Total Returns | Year-to-Date | |||
| May 21, 2012 | 12.62% | |||
| Updated Monthly | ||||
|---|---|---|---|---|
| Total Returns | One Month | Three Month | Year-to-Date | |
| April 30, 2012 | 2.88% | 8.96% | 12.62% | |
| Updated Monthly | ||||
|---|---|---|---|---|
| Average Annual Total Returns | One Year | Five Years | Ten Years | Since Inception |
| April 30, 2012 | 8.37% | -- | -- | -9.43% |
| Updated Quarterly | ||||
|---|---|---|---|---|
| Average Annual Total Returns | One Year | Five Years | Ten Years | Since Inception |
| As of March 31, 2012 | 5.54% | -- | -- | -10.17% |
Distributions
| Last 12 Months | |||||
|---|---|---|---|---|---|
| Type | Amount per Share | Record Date | Ex-dividend Date | Payable Date | Ex-dividend Price |
| Dividend | $0.0497 AUD | 12/31/2011 | 01/03/2012 | 01/03/2012 | $4.77 AUD |
| Dividend | $0.1228 AUD | 06/30/2011 | 07/01/2011 | 07/01/2011 | $5.03 AUD |
Sector Allocations
| As of April 30, 2012 | % of portfolio |
|---|---|
| REITs | 99.7 |
| Consumer Discretionary | 0.2 |
| Financials | 0.1 |
| Other | 0.0 |
| Total | 100.0 |
| Sectors defined by MSCI | |
Trust Net Asset Value Prices are cum-distribution.
Performance data reported by DFA Australia Limited represents past performance and is not indicative of future performance. The investment return and principal value will fluctuate so that an investor's units, when redeemed, may be worth more or less than their original cost. Further, there can be no assurance that any of the Trusts will achieve its investment objective.
Performance data reported by DFA Australia Limited represents past performance and is not indicative of future performance. The investment return and principal value will fluctuate so that an investor's units, when redeemed, may be worth more or less than their original cost. Further, there can be no assurance that any of the Trusts will achieve its investment objective.