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Australian Value Trust

APIR DFA0101AU
Inception Date 10/06/99
Fund Net Assets $891.728 M (As at 31/08/21)

The investment objective of the Trust is to provide long-term capital growth by gaining exposure to a diversified portfolio of Value Companies listed in Australia. 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. Investors should note that the index is referred to for comparison purposes only. The index is not intended to represent the current or targeted asset allocation of the Trust. The performance of the Trust may differ significantly from the index.

Returns (As at 31/08/21)(As at 30/06/21)

Annualised Returns

Fund Reference Index
YTD 17.89% 17.21%
1 Year 35.34% 28.58%
3 Year 7.85% 10.13%
5 Year 11.20% 11.05%
10 Year 9.33% 10.26%
Since Inception 9.52%

Annualised Returns

Fund Reference Index
YTD 17.20% 12.98%
1 Year 39.33% 28.49%
3 Year 8.45% 9.77%
5 Year 12.96% 11.26%
10 Year 8.44% 9.21%
Since Inception 9.57%

Calendar Year Returns

Fund Reference Index
2020 -0.55% 1.73%
2019 20.47% 23.77%
2018 -5.93% -3.06%
2017 12.97% 11.94%
2016 28.49% 11.79%
2015 -1.48% 2.80%
2014 -0.01% 5.30%
2013 18.26% 19.68%
2012 13.75% 19.74%
2011 -15.59% -10.98%

Performance shown represents past performance and is not indicative of future performance. Returns for periods shorter than one year are not annualised. Returns are net of fees and costs and assume income is reinvested and are gross of tax. The investment return and principal value will fluctuate so that an investor's units, when redeemed may be worth more or less than their original cost. The trust is not managed with the objective of achieving a particular return relative to a benchmark index. A reference index has been provided for comparison purposes only and is not intended to represent the current or targeted asset allocation. Trust performance may differ significantly from the reference index. An index is not available for direct purchase.

Copyright 2021 S&P Dow Jones Indices LLC, a division of S&P Global. All rights reserved.

Fees and Costs

Management Costs 0.336%
Transaction Costs Allowance - entry 0.08%
Transaction Costs Allowance - exit -0.08%

Management costs comprise management fees, expense recoveries and indirect costs. Section 6 of the Product Disclosure Statement contains further information on fees and costs including a breakdown of management costs into management fees, indirect costs and expense recoveries. The expense recoveries and indirect costs components are calculated based on the relevant costs incurred for the financial year to 30 June 2019. Where applicable, the Transaction Costs Allowance is paid to the trust and is not a fee paid to Dimensional.

Characteristics (As at 31/08/21)

Characteristics

Price-to-Book 1.66
% in Top 10 Holdings 56.42%
Wtd. Avg. Mkt. Cap. (Millions) $66868
Number of Holdings 177

Sector Allocation

Financials 40.19%
Materials 28.30%
Energy 7.31%
Consumer Discretionary 6.16%
Communication Services 5.81%
Industrials 5.49%
Consumer Staples 3.18%
Health Care 3.00%
Information Technology 0.38%
Real Estate 0.14%
Utilities 0.04%

Top Holdings

Westpac Banking Corp 9.97%
National Australia Bank Ltd 9.35%
Australia & New Zealand Banking Group Ltd 8.24%
Commonwealth Bank of Australia 7.76%
BHP Group Ltd 6.72%
Telstra Corp Ltd 3.62%
Rio Tinto Ltd 3.59%
Fortescue Metals Group Ltd 2.61%
Santos Ltd 2.34%
BlueScope Steel Ltd 2.22%

Holdings are subject to change.

Numbers may not total 100% due to rounding.

Distributions

Calendar Year

2021
Record Date Ex-Date Payable Date Type Rate per Unit Reinvestment Price
29/03/18 03/04/18 06/04/18 Dividend $0.20235220 $22.1641
29/06/18 02/07/18 13/07/18 Dividend $0.63547099 $23.6012
28/09/18 02/10/18 05/10/18 Dividend $0.49911328 $23.6942
31/12/18 02/01/19 07/01/19 Dividend $0.24834909 $20.7505
Record Date Ex-Date Payable Date Type Rate per Unit Reinvestment Price
29/03/19 01/04/19 04/04/19 Dividend $0.39435068 $22.9834
28/06/19 01/07/19 12/07/19 Dividend $0.59293282 $23.9583
30/09/19 01/10/19 04/10/19 Dividend $0.43094279 $24.1059
31/12/19 02/01/20 07/01/20 Dividend $0.23463886 $23.3260
Record Date Ex-Date Payable Date Type Rate per Unit Reinvestment Price
31/03/20 01/04/20 06/04/20 Dividend $0.29555514 $15.9302
30/06/20 01/07/20 14/07/20 Dividend $0.00884976 $19.1491
30/09/20 01/10/20 07/10/20 Dividend $0.25462419 $18.7083
31/12/20 04/01/21 07/01/21 Dividend $0.10045460 $22.3588
Record Date Ex-Date Payable Date Type Rate per Unit Reinvestment Price
31/03/21 01/04/21 08/04/21 Dividend $0.28880949 $24.2877
30/06/21 01/07/21 07/07/21 Dividend $0.07438567 $25.8218

Distribution data reported by DFA Australia Limited represents past distributions and are not indicative of future distributions.

This material has been provided by DFA Australia Limited (AFS License No.238093, ABN 46 065 937 671) for information only. The Product Disclosure Statements (including Additional Information Guide) and other documents for the Dimensional Wholesale Trusts (the “Trusts”) are available either by downloading in Adobe Acrobat (pdf) format or by contacting us directly. Prior to submitting an application for units in the Trusts please contact your financial advisor or Dimensional. Dimensional has the discretion not to accept an application for units in any of the Trusts. The information on this site is intended to be general in nature and is not personal financial product advice. The information does not take into account your objectives, financial situation or needs. Before acting on any information, you should consider the appropriateness of the information provided and the nature of the relevant financial product having regard to your objectives, financial situation and needs. In particular, you should talk to your financial advisor and read the relevant Product Disclosure Statement prior to making an investment decision about a financial product (including whether to sell or continue to hold the financial product).

Information on this site is intended for Australian residents only.

NZD classes of units are measured in New Zealand dollars. All other unit classes are measured in Australian Dollars.