What You Need to Know
- DFA listed four new international equity ETFs on the Chicago Board Options Exchange.
- The new funds are listed under the tickers DFIC, DFIS, DISV and DIHP.
- The latest ETFs boost the firm’s total active transparent ETF suite to 20 funds with about $50 billion in AUM.
Dimensional Fund Advisors, the Austin, Texas-based, advisor-focused investment firm managing $679 billion in assets, has added four new exchange-traded funds to its stable.
DFA listed four international equity ETFs on the Chicago Board Options Exchange that it said Thursday will offer “offer broadly diversified exposure to core international equities across market caps and styles as well as component solutions focused on international small cap, international small cap value, and international high profitability equities.”
The addition of the four funds boosts the firm’s total active transparent ETF suite to 20 funds with about $50 billion in AUM and they complement the firm’s existing mutual funds and expanded separately managed accounts offerings, it said.
The new Cboe-listed funds are: International Core Equity 2 ETF (listed as DFIC, with a net expense ratio of 0.23%); International Small Cap ETF (DFIS, 0.39%); International Small Cap Value ETF (DISV, 0.42%); and International High Profitability ETF (DIHP, 0.29%).
DFIC was designed to acquire a broad and diverse group of non-U.S. companies in developed markets with an emphasis on companies with smaller market capitalization, lower relative price and higher profitability, according to DFA.