Australian Core Equity Trust

Inception Date
3 July 2006

The objective of the Australian Core Equity Trust is to provide long-term capital growth through access to the broad Australian equity market, with an increased exposure to small companies and value companies relative to a market-weighted portfolio. The Trust is designed to form the core of an Australian equity portfolio.

Eligible securities for the strategy include securities of companies listed on the Australian Stock Exchange. The Trust aims to invest across the entire eligible universe and targets an increased exposure to small companies and value companies by increasing the allocation to these companies and decreasing the allocation to large and growth companies relative to a market-weighted portfolio.

By spreading the investment gradually across the entire market, the Trust can hold stocks for maximum efficiency and minimise counterproductive trading. The result is a market-wide exposure that favours the asset classes that historically have provided higher expected returns.

By not adopting an index approach, Dimensional can practise patient trading, focusing on price rather than time of execution, which can mitigate the effects of momentum and lead to lower trading costs.

The result is a core holding closer to the desired allocation, which can lessen the dependence on satellite holdings to drive expected returns.

This is only a summary of the Trust. For a full description, please consult the Dimensional Australian Resident Trusts Product Disclosure Statement.

 Performance Data

Unit Price (Most Recent)
Date Application Price Net Asset Value Redemption Price
2 September 2010 $9.48 $9.47 $9.46
         


Distribution (Most Recent)
Record
Date		 Ex-Dividend
Date		 Net Asset
Value		 Reinvestment
Price		 Distribution
(per unit)
30/6/2010 1/7/2010 $8.93 $8.670 $0.1488
 
  Distributions Since Inception

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.