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Emerging Markets Portfolio (II)

Ticker DFETX
Inception Date 08/14/97
Fund Net Assets $6.1 B (As Of 06/30/17)

The investment objective of the Emerging Markets Portfolio II is to achieve long- term capital appreciation. The Portfolio is a Feeder Portfolio and pursues its objective by investing substantially all of its assets in its corresponding Master Fund, The Emerging Markets Series, which has the same investment objective and policies as the Emerging Markets Portfolio II .

The Fund Net Assets shown represents the assets for the master fund that this portfolio invests in.

Returns (As of 07/31/17)(As of 06/30/17)

Annualized Returns

portfolio benchmark
YTD 26.09% 25.49%
1 Year 22.84% 24.84%
3 Year 2.95% 2.39%
5 Year 5.33% 4.76%
10 Year 2.94% 1.98%
Since Inception 7.44%

Annualized Returns

portfolio benchmark
YTD 19.79% 18.43%
1 Year 22.71% 23.75%
3 Year 1.61% 1.07%
5 Year 4.42% 3.96%
10 Year 2.65% 1.91%
Since Inception 7.20%

Calendar Year Returns

portfolio benchmark
2016 12.37% 11.19%
2015 -15.62% -14.92%
2014 -1.47% -2.19%
2013 -2.92% -2.60%
2012 19.38% 18.22%
2011 -17.27% -18.42%
2010 22.13% 18.88%
2009 72.02% 78.51%
2008 -49.05% -53.33%
2007 36.34% 39.42%

Performance is reported net of all advisory fees and includes reinvestment of dividends and other earnings. Performance data shown represents past performance and is no guarantee of future results. Current performance may be higher or lower than the performance shown. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost.  

Performance less than one year is not annualized.

Indices are not available for direct investment; therefore, their performance does not reflect the expenses associated with the management of an actual portfolio.

MSCI data copyright MSCI 2017, all rights reserved.

Dimensional funds are distributed by DFA Securities LLC.

Fees & Expenses

Management Fee 0.35%
Management Fee After Fee Waiver 0.25%
Total Operating Expense Ratio 0.44%
Net Expense Ratio (to investor) 0.34%

Under certain circumstances, the Advisor has contractually agreed to waive certain fees and/or assume certain expenses of the Portfolio. Unless otherwise stated in the prospectus, the Advisor may amend or discontinue the waivers at any time, one year from the date of the prospectus. The net expense ratio reflects the total annual fund operating expenses of the Portfolio after taking into account any such fee waiver and/or expense reimbursement arrangements. Please read the Portfolio’s prospectus for details and more information.

Characteristics (As Of 06/30/17)

Characteristics1

Price-to-Book 1.71
% in Top 10 Holdings 18.38%
Wtd. Avg. Mkt. Cap. (Millions) $57357
Number of Holdings 1116
Annual Turnover as of 10/31/16 5%

GICS Sector Allocation2

Financials 25.19%
Information Technology 23.97%
Consumer Discretionary 10.01%
Materials 9.09%
Consumer Staples 8.08%
Industrials 7.02%
Energy 6.37%
Telecommunication Services 5.11%
Utilities 2.75%
Health Care 2.39%
Other 0.02%

Top Holdings

Samsung Electronics Co Ltd 4.15%
Taiwan Semiconductor Manufacturing Co Ltd 4.08%
Tencent Holdings Ltd 2.74%
Alibaba Group Holding Ltd 1.54%
Naspers Ltd 1.33%
Hon Hai Precision Industry Co Ltd 1.12%
Itau Unibanco Holding SA 0.93%
China Construction Bank Corp 0.85%
China Mobile Ltd 0.85%
SK Hynix Inc 0.79%

Top Countries

China 17.39%
Korea 17.26%
Taiwan 15.90%
India 12.27%
South Africa 7.20%

1 The portfolio turnover rate presented is the portfolio turnover of the Master Fund.

2 Sectors defined by MSCI.

Please note that a Portfolio that invests in other Portfolios typically does not hold securities directly. As such, "Top Holdings" information for such a Portfolio represents "Top Holdings" information of underlying Portfolios.

Please click here to access Top Holdings as of a more recent month end.

Holdings are subject to change.

Numbers may not total 100% due to rounding.

 

Portfolio Risks

Equity Mark Risk: Even a long-term investment approach cannot guarantee a profit. Economic, market, political, and issuer-specific conditions and events will cause the value of equity securities, and the Emerging Markets Series that owns them, and, in turn, the Emerging Markets Portfolio itself, to rise or fall. Stock markets tend to move in cycles, with periods of rising prices and periods of falling prices.

Foreign Securities and Currencies Risk: Foreign securities prices may decline or fluctuate because of: (a) economic or political actions of foreign governments, and/or (b) less regulated or liquid securities markets. Investors holding these securities may also be exposed to foreign currency risk (the possibility that foreign currency will fluctuate in value against the U.S. dollar or that a foreign government will convert, or be forced to convert, its currency to another currency, changing its value against the U.S. dollar). The Emerging Markets Series does not hedge foreign currency risk.

Derivatives Risk: Derivatives are instruments, such as futures and foreign exchange forward contracts, whose value is derived from that of other assets, rates or indices. The use of derivatives for non-hedging purposes may be considered to carry more risk than other types of investments. When the Emerging Markets Series and the Emerging Markets Portfolio use derivatives, the Emerging Markets Portfolio will be directly exposed to the risks of those derivatives. Derivative instruments are subject to a number of risks including counterparty, liquidity, interest rate, market, credit and management risks, and the risk of improper valuation. Changes in the value of a derivative may not correlate perfectly with the underlying asset, rate or index, and the Emerging Markets Series and Emerging Markets Portfolio could lose more than the principal amount invested.

Emerging Markets Risk: Numerous emerging market countries have a history of, and continue to experience serious, and potentially continuing, economic and political problems. Stock markets in many emerging market countries are relatively small, expensive to trade in and generally have higher risks than those in developed markets. Securities in emerging markets also may be less liquid than those in developed markets and foreigners are often limited in their ability to invest in, and withdraw assets from, these markets. Additional restrictions may be imposed under other conditions. Frontier market countries generally have smaller economies or less developed capital markets and, as a result, the risks of investing in emerging market countries are magnified in frontier market countries.

Securities Lending Risk: Securities lending involves the risk that the borrower may fail to return the securities in a timely manner or at all. As a result, the Emerging Markets Series may lose money and there may be a delay in recovering the loaned securities. The Emerging Markets Series could also lose money if it does not recover the securities and/or the value of the collateral falls, including the value of investments made with cash collateral. Securities lending also may have certain adverse tax consequences.

Cyber Security Risk: The Emerging Markets Portfolio’s and its service providers’ use of internet, technology and information systems may expose the Portfolio to potential risks linked to cyber security breaches of those technological or information systems. Cyber security breaches, amongst other things, could allow an unauthorized party to gain access to proprietary information, customer data, or fund assets, or cause the Portfolio and/or its service providers to suffer data corruption or lose operational functionality.


Dimensional Fund Advisors LP is an investment advisor registered with the Securities and Exchange Commission. 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 prospectus carefully before investing. Prospectuses are available by calling Dimensional Fund Advisors collect at (512) 306-7400 or at us.dimensional.com.

Dimensional funds are distributed by DFA Securities LLC.