Investment Stewardship

Who is responsible for Investment Stewardship at Dimensional?

Dimensional’s global investment stewardship activities are managed by the Investment Stewardship Group, which sits within Dimensional’s Portfolio Management department. The group implements policies, monitors day-to-day operations, and researches governance issues and industry trends. Our Investment Stewardship Committee, comprised of senior management, is responsible for overseeing the Investment Stewardship Group, formulating and recommending changes to policy, and making decisions on governance-related matters.

What is Dimensional’s policy on proxy voting?

Dimensional votes or refrains from voting proxies on behalf of mutual funds as well as those separate account mandates for which clients have given us the authority to vote according to its then current proxy voting policies and procedures. Our voting activities are intended to maximize shareholder value. This involves consideration of the feasibility, costs, and expected benefits of voting for each portfolio. Our proxy voting policies and procedures, summarized in the Simplified Prospectus for the funds, further describe how we vote; answers to some specific questions are provided below.*

Does Dimensional vote proxies at every company meeting?

Dimensional seeks to vote, or refrain from voting, proxies in a manner that we believe is in the best interest of each portfolio. In instances where the costs—including opportunity costs—of voting exceed the expected economic benefits, we may refrain from voting. Additionally, international market restrictions—such as share blocking, re-registration, and onerous power of attorney requirements—may preclude us from voting in certain markets or at certain company meetings.

Does Dimensional utilize any third-party services in the proxy voting process?

Yes. Dimensional has engaged Institutional Shareholder Services (ISS) to provide information on shareholder meeting dates, research on proxy proposals, and voting recommendations based on our proxy voting policies and procedures. ISS also provides vote execution through its proprietary voting platform. In addition to ISS, we may also review voting recommendations from Glass Lewis and other research providers for selected meetings. Third-party research is only one of several inputs into our voting decision on a given proposal. We retain final discretion on how to vote.

Does Dimensional disclose its voting intentions or share ownership prior to voting?

Dimensional generally does not disclose our voting intentions or the portfolios’ share ownership prior to voting, except as required by applicable laws and regulation.

Does Dimensional make its proxy voting record publicly available?

Yes. We disclose voting information for our Canadian mutual funds on our public website.

Is Dimensional a signatory to the United Nations Principles for Responsible Investment (UN-PRI)?

Yes. Dimensional became a signatory to the UN-PRI in August 2012.

How may I contact Dimensional’s Investment Stewardship Group?

The group may be contacted via email: [email protected].

*Dimensional Fund Advisors Canada ULC (Dimensional Canada) has delegated the authority to vote proxies for the portfolio securities held by the funds to Dimensional Fund Advisors LP, Dimensional Canada’s U.S. parent company, in accordance with the proxy voting policies and procedures.

These documents describe Dimensional’s approach to corporate governance and proxy voting. Each guidelines summary corresponds to the funds or accounts that follow the relevant guidelines.

• Standard Guidelines
• Sustainability Guidelines

Canadian securities regulatory authorities require public investment funds to publish on their websites proxy voting records on an annual basis for the one-year period ending on June 30 of each year. In this section, you will find the most recent proxy voting records for the Dimensional Funds that hold voting securities. Below are the required proxy vote filings of the portfolios managed by Dimensional.

Period Ending June 30, 2024

A summary of the proxy voting policies and procedures and proxy voting guidelines adopted by Dimensional Fund Advisors, the sub-advisor for the Dimensional Funds, can be found in the Annual Information Form for the funds.

The proxy voting record is an alphabetical listing of issuers whose voting securities were held by the Dimensional Funds during the relevant period. The record indicates how or whether the funds voted on each matter submitted to securityholders of those issuers.

This report includes details on how Dimensional’s Sustainability Strategies voted on environmental and social proposals during the previous proxy year.

View the Report