Dimensional Fund Advisors is a company that sells mutual funds with $489,438M...Dimensional Fund Advisors is a company that sells mutual funds with $489,438M in assets under management. The average expense ratio from all Dimensional Fund Advisors mutual funds is 0.26%. 100.00% of these mutual funds are no load funds. The oldest fund was launched in 1981; DFA US Micro Cap I (DFSCX). The average manager tenure for all managers at Dimensional Fund Advisors is 6.7 years. The company offers investors 127 mutual funds, in terms of unique funds, not share classes.DFA has its headquarters in Austin, Texas. It was founded in 1981 by David G. Booth, Eugene Fama, and Rex Sinquefield. The company’s guiding philosophy is that the assets they manage represent more than shares in a portfolio and have combined academic research with practical investing to generate higher returns for their clients.View moreView less
Dimensional Fund Advisors is a company that sells mutual funds with $489,438M in assets under management. The average expense ratio from all Dimensional Fund Advisors mutual funds is 0.26%. 100.00% of these mutual...Dimensional Fund Advisors is a company that sells mutual funds with $489,438M in assets under management. The average expense ratio from all Dimensional Fund Advisors mutual funds is 0.26%. 100.00% of these mutual funds are no load funds. The oldest fund was launched in 1981; DFA US Micro Cap I (DFSCX). The average manager tenure for all managers at Dimensional Fund Advisors is 6.7 years. The company offers investors 127 mutual funds, in terms of unique funds, not share classes.DFA has its headquarters in Austin, Texas. It was founded in 1981 by David G. Booth, Eugene Fama, and Rex Sinquefield. The company’s guiding philosophy is that the assets they manage represent more than shares in a portfolio and have combined academic research with practical investing to generate higher returns for their clients.View moreView less
As an expert in finance and investment, I have extensive knowledge of mutual funds, asset management, and the principles behind investment firms like Dimensional Fund Advisors (DFA). To substantiate my expertise, let me provide a comprehensive breakdown of the concepts and terms mentioned in the article:
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Dimensional Fund Advisors (DFA):
- DFA is an investment management firm specializing in mutual funds and other investment strategies.
- Founded in 1981 by David G. Booth, Eugene Fama, and Rex Sinquefield, three prominent figures in finance and academia.
- Headquarters located in Austin, Texas.
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Assets Under Management (AUM):
- Refers to the total market value of assets managed by an investment company on behalf of investors.
- DFA's AUM stands at $489,438 million, indicating the substantial scale of their investment operations.
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Expense Ratio:
- The average expense ratio of all DFA mutual funds is 0.26%.
- Expense ratio represents the percentage of a fund's assets used for administrative, operational, and management expenses. Lower expense ratios generally translate to lower costs for investors.
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Load vs. No-load Funds:
- 100.00% of DFA's mutual funds are categorized as no-load funds.
- No-load funds do not charge investors any sales fees or commissions when buying or selling shares.
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Oldest Fund and Manager Tenure:
- The oldest fund in DFA's portfolio is DFA US Micro Cap I (DFSCX), launched in 1981.
- The average manager tenure at DFA is 6.7 years, indicating a relatively stable team managing their funds.
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Number of Funds:
- DFA offers investors 127 unique mutual funds, excluding different share classes.
- This diverse range of funds provides investors with various investment strategies and options across different market segments.
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Investment Philosophy:
- DFA's guiding philosophy emphasizes that the assets they manage are more than shares in a portfolio.
- They combine academic research with practical investing to aim for higher returns for their clients. This approach likely involves implementing evidence-based investment strategies rooted in financial and economic research.
In summary, Dimensional Fund Advisors is a reputable investment firm with a substantial asset base, a wide array of no-load mutual funds, a long-standing presence in the market, and a philosophy grounded in empirical research to achieve superior investment returns for its clients.
