Dimensional Funds offering Exchange Traded Funds (ETFs)
DFA is now offering the following 3 ETFs:
1. DFA US Core Equity Market ETF (DFAU)
2. DFA International Core Equity Market ETF (DFAI)
3. DFA Emerging Core Equity Market (DFAE)
In addition, in 2021, DFA will be launching 6 new ETFs and will be converting 6 of its current tax-managed mutual funds into those new ETFs. While those 6 mutual funds have delivered tax efficiency similar to what is available in the existing ETF market, their conversion will provide an additional tool to manage capital gains, supporting the funds' goal to deliver higher after-tax returns by minimizing tax impact. The date of this conversion hasn't been set yet.
For those clients who own shares in those 6 tax-managed mutual funds, your positions will convert automatically into these new ETFs. Your cost basis in the position will remain the same. This will be a non-taxable event.
Below are 2 articles from DFA with additional information about this. If you have any further questions about this, please let us know.
Thank you again for having us be your CPA and your financial advisor.
Dimensional Investing in an Active ETF Structure
Investing with Dimensional in a Mutual Fund vs ETF
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