David Booth’s Dimensional Flips $8 Billion of Assets Into ETFs
- Quant giant now controls nine ETFs with $40 billion in assets
- Conversion adds two international equity ETFs to DFA’s lineup
This article is for subscribers only.
Dimensional Fund Advisors converted two more of its equity mutual funds into exchange-traded vehicles, further boosting the quant giant’s heft in the $6.8 trillion arena.
The Austin, Texas-based firm’s Tax Managed DFA International Value Portfolio and its T.A. World ex U.S. Core Equity Portfolio are now the Dimensional International Value ETF (ticker DFIV) and Dimensional World ex U.S. Core Equity 2 ETF (DFAX), respectively, according to a press statement Monday.