| Investment Objective: |
The investment objective of the Dimensional U.S. Targeted Value ETF (the "US Targeted Value ETF" or "Portfolio") is to achieve long-term capital appreciation while minimizing federal income taxes on returns. The Advisor buys and sells securities for the Portfolio with the goals of (i) delaying and minimizing the realization of net capital gains (e.g., selling stocks with capital losses to offset gains, realized or anticipated) and (ii) maximizing the extent to which any realized net capital gains are long-term in nature (i.e., taxable at lower capital gains tax rates). The fund uses the market capitalization weighted approach, is designed to generally purchase a broad and diverse group of readily marketable securities of U.S. small and mid cap companies that the Advisor determines to be lower relative price stocks with higher profitability. Under normal circumstances, the US Targeted Value ETF will invest at least 80% of its net assets in securities of U.S. companies. The US Targeted Value ETF is an actively managed exchange-traded fund and does not seek to replicate the performance of a specific index. The ETF is a share class of US Targeted Value Portfolio (DFFVX). |
