Dimensional Models

¹The equity allocations focus on size, value, and profitability considerations. The fixed income allocations look to term, credit, and currency where applicable.

There is no guarantee an investment strategy will be successful. Diversification neither assures a profit nor guarantees against loss in a declining market.

Risks include loss of principal and fluctuating value. Investment value will fluctuate, and shares, when redeemed, may be worth more or less than original cost.

Small and micro cap securities are subject to greater volatility than those in other asset categories.

International and emerging markets investing involves special risks, such as currency fluctuation and political instability. Investing in emerging markets may accentuate these risks.

Fixed interest securities are subject to increased loss of principal during periods of rising interest rates. Fixed interest investments are subject to various other risks, including changes in credit quality, liquidity, prepayments, call risk, and other factors. Municipal securities are subject to the risks of adverse economic and regulatory changes in their issuing states.

Sustainability funds use environmental and social screens that may limit investment opportunities for the funds.

Real estate investment risks include changes in real estate values and property taxes, interest rates, cash flow of underlying real estate assets, supply and demand, and the management skill and creditworthiness of the issuer.

DFA Australia Limited (“Dimensional”) makes available certain model portfolios (“Dimensional Models”) for informational, illustrative and educational purposes only. The Dimensional Models are provided “as is.” Dimensional has no obligation to continue to maintain or take any other action with respect to the Dimensional Models and may stop providing any update to the Dimensional Models at any time in its sole and absolute discretion. Dimensional is providing information in the form of Dimensional Models as ideas for possible construction of portfolios centered around the Dimensional Trusts and not as financial product advice, recommendations or research. Dimensional is not responsible for models constructed by a user of the Tool (“User-Constructed Models”) or any modifications to the Dimensional Models made by a user of the Tool (the Dimensional Models and the User-Constructed Models, and any user modifications thereto, collectively, the “Models”). Dimensional is not responsible for implementing the Models (e.g., selecting brokers, executing trades or seeking best execution).

Dimensional is not providing any investment, tax or financial product advice to any investment professional or their clients, and has no obligation to and will not take into account the tax status, investment objectives, financial situation or needs of any investment professional or their clients when compiling the Dimensional Models. Dimensional is not acting as a fiduciary to any investment professional or their clients, nor is any investment professional or their client entering into any type of advisory or other relationship with Dimensional. The investment decisions made by any investment professional or their clients based on the Dimensional Models provided shall be at the investment professional’s or such client’s own risk and Dimensional makes no guarantee as to the merits of any Dimensional Model or Dimensional Trusts selected for a Model. The Dimensional Models are not intended as a sufficient basis on which to make an investment decision. Certain investments included in the Models may not be suitable for investors, nor do they represent a complete investment program.

To the fullest extent permitted by applicable law, Dimensional shall have no liability, including with respect to the accuracy of any data or caused by any action taken in reliance upon the Dimensional Models, to any investment professional or their clients in relation to the Dimensional Models.

Any indices shown are intended for comparative purposes only and may differ significantly from the Models. Dimensional makes no representations as to the appropriateness of any of the indices in comparison to the Models. The risk factors, benefits and disadvantages of the indices and Models may vary greatly and should be considered alongside fund characteristics, holdings and past performance figures stated. Although the Models were created using information developed internally and/or obtained from sources believed to be reliable, Dimensional does not guarantee the accuracy, adequacy or completeness of such information.

The Dimensional research and portfolio management teams (the “Model Team”) developed the Dimensional Models. The Model Team, with oversight from Dimensional’s Investment Committee, generally expects to select funds for the Models managed by Dimensional (“Dimensional Trusts”) without considering the universe of funds sponsored by persons not affiliated with Dimensional or its affiliates (“Third Party Funds”), even though there may or may not be Third Party Funds that may be more appropriate for inclusion in such Dimensional Models. To the extent a user implements all or part of a Model, this will generate advisory and other fees for Dimensional or its affiliate, and the management fees of Dimensional Trusts may be higher than fees charged by Third Party Funds. The Dimensional Models asset allocation represent the selected target asset mix as determined by the Model Team and as of the date it is provided.

The risks of the Dimensional Models are subject to the risk of the Dimensional Trusts, which can be found in the applicable Dimensional Trust Product Disclosure Statement (PDS). The selection of Dimensional Trusts and the allocation and reallocation of Dimensional Model assets may not produce a desired result.

This material is provided by DFA Australia Limited (AFSL 238093, ABN 46 065 937 671). It is provided for financial advisors and wholesale investors for information only and is not intended for public use. No account has been taken of the objectives, financial situation or needs of any particular person. Accordingly, to the extent this material constitutes general financial product advice, investors should, before acting on the advice, consider the appropriateness of the advice, having regard to the investor’s objectives, financial situation and needs. Investors should also consider the Product Disclosure Statement (PDS) and for the Dimensional Wholesale Trusts the target market determination (TMD) that has been made for each financial product or financial advice product either issued or distributed by DFA Australia Limited prior to acquiring or continuing to hold any investment. Go to dimensional.com/funds to access a copy of the PDS or the relevant TMD.