DACE - Dimensional Australian Core Equity Trust (Managed Fund)

[Belli]

This ETF lists to day.

The Trust is not managed with the objective of achieving a particular return relative to a benchmark index. However, to compare the performance of the Trust with a broad measure of market performance, reference may be made to the S&P/ASX 300 Index.

MER is 0.28%

Dimensional apply a factor investing approach to their funds.

 

[divs4ever]

Fund Objective​

The investment objective of the Fund is to provide long-term capital growth by gaining exposure to a diversified portfolio of securities listed in Australia with increased emphasis on higher expected return securities relative to a Market Capitalisation Weighted portfolio.

*** with increased emphasis on higher expected return securities relative to a Market Capitalisation Weighted portfolio. **

will have to research what they mean ( higher income returns , higher capital gains , or some mixture of that )

pays 3 monthly Management Cost.0.28%

Total Holdings 535 ( so basically the entire ALL ORDS )

CODE	COMPANY	ASSET
BHP	BHP Group Ltd	7.49%
CBA	Commonwealth Bank of Australia	4.69%
NAB	National Australia Bank Ltd	3.23%
WDS	Woodside Energy Group Ltd	2.44%
WBC	Westpac Banking Corp	2.28%

Top 10 Holdings

CODE	COMPANY	ASSET
GMG	Goodman Group	2.26%
ANZ	ANZ Group Holdings Ltd	2.13%
WES	Wesfarmers Ltd	2.02%
RIO	Rio Tinto Ltd	1.96%
FMG	Fortescue Ltd	1.74%

might be an interesting alternative to VAS for novices

( i hold VAS )

something for my research list , there might be an non-obvious silver-lining in there ( but will probably prefer MVW if 'buying the market ' )