International Value Fund (GBP, Accumulation Class)
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Inception Date 25 February 2004 |
SEDOL Code 3377228 |
The following is only a summary of the Fund. For a full description, please consult the Fund's prospectus.
The investment policy of the International Value Fund is to purchase transferable securities of certain non-United Kingdom companies which Dimensional Ltd. deems eligible value stocks. Generally, the Fund intends to purchase a broad and diverse group of companies organised under the laws of certain developed countries, excluding the United Kingdom; and in securities of companies organised under the laws of other eligible markets, including the United Kingdom, the majority of whose revenues derive from, or the majority of whose business is conducted in, these countries.
Securities are considered value stocks primarily because a company's shares have a high book value in relation to their market value. In assessing value, Dimensional Ltd. may consider additional factors such as price to cash flow or price to earnings ratios, as well as economic conditions and developments in the issuer's industry.
Under normal circumstances, the Fund will invest most of its net assets in securities of companies located in Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United States of America. Dimensional Ltd. will determine, in its discretion, when and whether to invest in countries depending on a number of factors such as asset growth in a Fund and characteristics of each country's market.
The International Value Fund is organised under Dimensional Funds ICVC, an investment company with variable capital incorporated with limited liability and registered in England and Wales under the Open Ended Investment Companies Regulations 2001. Dimensional Funds ICVC is authorised and regulated by the Financial Services Authority.
Past performance of a fund does not necessarily indicate future performance.
The principal risks associated with an investment in this fund are market risk, equities risk, international investing risk, value stocks risk, foreign exchange risk, portfolio turnover risk, charges to capital, and the liabilities of Dimensional Funds ICVC. An investment in this fund may also involve the risks associated with the use of when-issued and delayed-delivery securities, futures and options contracts, and convertible securities. There is no investment guarantee equivalent to deposit protection.
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These Net Asset Values ("NAVs") have been prepared by the fund accounting agent. Dimensional Fund Advisors Ltd. reserves the right to restate these NAVs, if necessary, at any time. For the help desk, call 0870-870-8058. Returns are calculated net of all fees. |
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| Performance data reported by Dimensional Fund Advisors Ltd. represents past performance and does not predict future performance. The investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Further, there can be no assurance that any of the Funds will achieve its investment objective. |
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Industries defined by Fama/French. |