US Small Companies Fund Class D (GBP, Accumulation)

Inception Date
7 April 2005 		SEDOL Code
B0701B0

The following is only a summary of the Fund. For a full description, please consult the Fund's prospectus.

The investment policy of the US Small Companies Fund is to purchase securities of US traded companies that Dimensional deems eligible small companies. Companies are considered small primarily based on market capitalisation. Generally, the Fund intends to purchase a broad and diverse group of common stocks of small companies traded on a principal US exchange or on the over-the-counter market.

The Fund is organised under Dimensional Funds plc, an umbrella fund constituted as an investment company with variable capital under the laws of Ireland and authorised by the Irish Financial Services Regulatory Authority pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations of 2003 and operating as an Undertaking for Collective Investment in Transferable Securities.

Past performance of a fund does not necessarily indicate future performance.

The principal risks associated with an investment in this Fund are market risk, international investing risk, foreign exchange risk, portfolio turnover risk, small companies risk, and equities risk. 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. These risks are more fully described in the prospectus in the section entitled "Special Considerations and Risk Factors."

Prices & Performance
Date/Time Closing
Price		 Day
Return		 MtD
Return		 YtD
Return
26 August 2008/9pm £11.49 -1.12% 9.32% -0.00%
         
30 June 2008/9pm £10.18 -1.07% -8.94% -11.40%
31 March 2008/9pm £10.38 1.17% 0.39% -9.66%
31 December 2007/9pm £11.49 -0.43% 3.05% -5.35%
28 September 2007/9pm £11.95 -1.97% -0.17% -1.57%

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 00353-53-91-49-827.

Returns are calculated net of all fees.
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.




Top 20 Holdings
As of July 31, 2008 % of Portfolio
COMSTOCK RESOURCES INC 0.26
EXCO RESOURCES INC 0.26
ENERGY CONVERSION DEVICES 0.24
ENCORE ACQUISITION CO 0.24
COMPLETE PRODUCTION SERVI 0.23
FTI CONSULTING INC 0.21
CENTRAL EURO DISTRIBUTION 0.20
WOODWARD GOVERNOR CO 0.20
W-H ENERGY SERVICES INC 0.19
OLIN CORP 0.19
NORDSON CORP 0.18
WABTEC CORP 0.18
CABOT CORP 0.18
STRAYER EDUCATION INC 0.18
ROCKWOOD HOLDINGS INC 0.18
ATWOOD OCEANICS INC 0.17
WERNER ENTERPRISES INC 0.17
WARNACO GROUP INC/THE 0.17
BELDEN INC 0.17
OIL STATES INTERNATIONAL 0.17
Total 3.80


Industry Allocations
As of July 31, 2008 % of Fund
Business Equipment 15.2
Business Services 11.2
Communications 2.3
Construction 3.7
Durables 8.7
Energy 6.6
Financial 14.5
Manufacturing 6.7
Non-Durables 22.8
Other 0.6
Transportation 4.4
Utilities 3.2
Total 100.0

Industries defined by Fama/French.