los angeles water and power employees’ · 2017. 8. 9. · los angeles water and power...

Los Angeles Water and Power Employees’ Retirement Plan

August 9, 2017

Joseph Chi, CFA, Vice President and Co-Head of Portfolio Management

Joseph Young, CFA, Vice President

This information is provided for registered investment advisors and institutional investors and is not intended for public use. Dimensional Fund Advisors LP is an investment advisor registered with the Securities and Exchange Commission. Consider the investment objectives, risks, and charges and expenses of the Dimensional funds carefully before investing. For this and other information about the Dimensional funds, please read the prospectus carefully before investing. Prospectuses are available by calling Dimensional Fund Advisors collect at (512) 306-7400 or at us.dimensional.com/prospectus. Dimensional funds are distributed by DFA Securities LLC.

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DFGEX

Agenda 1. Section A: Dimensional Overview

2. Section B: Investment Process and

Discipline

3. Section C: Market Overview

4. Section D: Performance Review

5. Section E: Portfolio Review and

Characteristics

6. Section F: Fee Schedule

7. Appendix

REITs Agenda

Section A: Dimensional Overview

Dimensional Fund Advisors

4 "Dimensional Fund Advisors” refers to the Dimensional separate but affiliated entities generally, rather than to one particular entity. These entities are Dimensional Fund Advisors LP, Dimensional Fund Advisors Ltd., DFA Australia Limited,

Dimensional Fund Advisors Canada ULC, Dimensional Fund Advisors Pte. Ltd., and Dimensional Japan Ltd. Past performance is no guarantee of future results. Strategies may not be successful.

Dimensional is a global investment firm that has been

serving investors for more than 35 years.

A strong belief in markets frees us to think differently

about investing.

We identify compelling research and apply it to

practical investing.

Decades of research and rigorous testing underpin

our approach to pursuing higher expected returns.

Our goal is to add value over benchmarks and peers

through an integrated and robust process.

We have a long history managing time-tested

investment strategies for clients.

ABOUT THE FIRM

A DYNAMIC INVESTMENT PROCESS

A DIFFERENT APPROACH TO INVESTING

PUTTING RESEARCH INTO PRACTICE

A CLEAR VIEW OF EXPECTED RETURNS

OUR TRACK RECORD

SC: GC40

About the Firm

5

Dimensional is a global investment firm that has been serving investors for more than 35 years

• Dimensional offers investment

solutions across asset classes,

including global equities,

fixed income, and REITs.

• Real Estate AUM – $6.4B

• Global Real Estate AUM – $10.4B

Dimensional Fund Advisors LP founded in 1981. Global AUM and number of employees as of June 30, 2017. Locations with offices operated by Dimensional. “Dimensional” refers to the Dimensional separate but affiliated entities generally,

rather than to one particular entity. These entities are Dimensional Fund Advisors LP, Dimensional Fund Advisors Ltd., DFA Australia Limited, Dimensional Fund Advisors Canada ULC, Dimensional Fund Advisors Pte. Ltd., and Dimensional

Japan Ltd.

Vancouver

Santa Monica Austin

Singapore

Sydney

Tokyo

Investment Personnel

Client Service

More than 1,100 employees globally

$518B in global AUM

Founded in 1981

Toronto

Melbourne

London

Amsterdam

Berlin

SC: GC03 Adjust Effect Date and bullet point AUM when Updated

Charlotte

Global Allocation & Target Date 2.1% Global

Equity 6.5%

REITs & Commodities 3.6%

Developed ex US Equities 18.9%

US Equities 34.2%

Emerging Markets 14.0%

Fixed Income 20.7%

Leading Financial Economists and Researchers

6

As of June 1, 2017.

1. Provide consulting services to Dimensional Fund Advisors LP.

2. “Dimensional’s US Mutual Fund Board” refers to The DFA Investment Trust Company, DFA Investment Dimensions Group Inc., Dimensional Investment Group Inc. and Dimensional Emerging Markets Value Fund Inc.

3. "Dimensional” refers to the Dimensional separate but affiliated entities generally, rather than to one particular entity. These entities are Dimensional Fund Advisors LP, Dimensional Fund Advisors Ltd., DFA Australia Limited,

Dimensional Fund Advisors Canada ULC, Dimensional Fund Advisors Pte. Ltd., and Dimensional Japan Ltd.

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SC: PC11 Don’t forget

to change the effective date

Leaders of Dimensional’s3

Internal Research Staff

Eduardo Repetto, PhD Co-Chief Executive Officer, Co-Chief Investment Officer, and Director

Gerard O’Reilly, PhD

Co-Chief Investment Officer

and Head of Research

Marlena Lee, PhD

Head of Investment Research

Savina Rizova, PhD

Head of Strategy Research

Stanley Black, PhD

Vice President

Wes Crill, PhD

Vice President

James Davis, PhD

Vice President

Massi De Santis, PhD

Vice President

Dave Twardowski, PhD

Vice President

Academics on Dimensional Fund Advisors LP’s Board

Eugene Fama1, PhD, Nobel laureate University of Chicago

Kenneth French1, PhD Dartmouth College

Academics Who Serve as Independent Directors on Dimensional’s

US Mutual Fund Board2

George Constantinides, PhD University of Chicago

Douglas Diamond, PhD University of Chicago

John Gould, PhD University of Chicago

Edward Lazear, PhD Stanford University

Roger Ibbotson, PhD Yale University

Myron Scholes, PhD, Nobel laureate Stanford University

Abbie Smith, PhD University of Chicago

Academics Providing Ongoing Consulting Services to Dimensional

Robert Merton1, PhD, Nobel laureate Massachusetts Institute of Technology

Robert Novy-Marx, PhD University of Rochester

Sunil Wahal, PhD Arizona State University

Experienced Teams Help Ensure Consistency

7

High degree of practitioners’ knowledge and experience across market cycles

SC: PC04

Investment Committee1

Portfolio Management Trading

Average 22 Years of Industry Experience Average 19 Years of Firm Experience



David Booth, Founder and Executive Chairman

Eduardo Repetto, Co-Chief Executive Officer, Co-Chief Investment Officer, and Director

Joseph Chi, Investment Committee Chairman and Co-Head of Portfolio Management

Robert Deere, Investment Director and Senior Portfolio Manager

Jed Fogdall, Co-Head of Portfolio Management

Joseph Kolerich, Senior Portfolio Manager

Gerard O’Reilly, Co-Chief Investment Officer and Head of Research

Mary Phillips, Senior Portfolio Manager

David Plecha, Global Head of Fixed Income

Karen Umland, Senior Portfolio Manager

Austin Jed Fogdall, Co-Head of Portfolio Management

Senior Portfolio Managers: Arun Keswani, Joseph Kolerich, Joel Schneider, Lukas Smart

Portfolio Managers: Ashish Bhagwanjee, William Collins-Dean, Emily Cornell, Gavin Crabb, Damian Dormer, Joseph Hohn, Alan Hutchison, Pamela Noble, Althea Trevor

Charlotte Mary Phillips, Senior Portfolio Manager

Portfolio Managers: Marcus Axthelm, David Kershner, Travis Meldau

Santa Monica Joseph Chi, Co-Head of Portfolio Management

Robert Deere, Investment Director and Senior Portfolio Manager

David Plecha, Global Head of Fixed Income

Senior Portfolio Managers: Daniel Ong, Allen Pu, Grady Smith, Karen Umland

Portfolio Managers: Mitch Firestein, John Hertzer, David Shao, Brian Walsh

London Arthur Barlow, Chairman, Managing Director, and Senior Portfolio Manager

Senior Portfolio Managers: Joel Kim, Nathan Lacaze

Portfolio Managers: Paul Foley, Alexander Fridman, Didier Haenecour, Adam Ward, Jim Whittington

Sydney Bhanu Singh, Head of Asia Pacific Portfolio Management and Senior Portfolio Manager

Robert Ness, Senior Portfolio Manager

Portfolio Managers: Murray Cockerell, Stephen Garth, Slava Platkov, Gillian Wilson, Craig Wright

Tokyo Kotaro Hama, Portfolio Manager

Austin Senior Traders: David LaRusso, Christian Gunther, Christopher Rink, Scott Van Pelt

Traders: Joel Mitter, Erhan Oktay, Robert Richardson, Elizabeth Van Pelt

Charlotte Senior Traders: Richard Mar, Polly Weiss

Santa Monica Ryan Wiley, Co-Head of Global Equity Trading

Le Tran, Senior Trader

Claudette Higdon, Trader

London John Romiza, Co-Head of Global Equity Trading

Mark Butterworth, Senior Trader

Traders: William Letheren, Frances Ritter, Mathieu Roland, James Simpson, Archit Soni

Sydney Jason Lapping, Head of Asia Pacific Trading

Sam Willis, Senior Trader

Traders: Jian Du, David Vrolyk

Singapore Traders: Jonathan Smith, Hayato Yonemori

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As of July 5, 2017.

1. Dimensional Fund Advisors LP Investment Committee.

Locations with offices operated by Dimensional. "Dimensional" refers to the Dimensional entities generally, rather than to one particular entity. These entities are Dimensional Fund Advisors LP, Dimensional Fund Advisors Ltd.,

DFA Australia Limited, Dimensional Fund Advisors Canada ULC, Dimensional Fund Advisors Pte. Ltd., and Dimensional Japan Ltd.3

Dimensional Fund Advisors and Affiliates Global Organizational Leadership

As of July 5, 2017.

All listed individuals are employees of Dimensional Investment LLC, a subsidiary of Dimensional Fund Advisors LP.

1. Member of the Investment Committee of Dimensional Fund Advisors LP.

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SC: PC05

INVESTMENT PROFESSIONALS

RESEARCH Gerard K. O’Reilly1 Co-Chief Investment Officer and Head of Research

Peter Dillard Chief Data Officer and Head of Investment Analytics and Data

PORTFOLIO MANAGEMENT AND TRADING Joseph H. Chi1 Co-Head of Portfolio Management

Robert T. Deere1 Investment Director and Senior Portfolio Manager

Jed S. Fogdall1 Co-Head of Portfolio Management

Jason Lapping Head of Asia Pacific Trading

David A. Plecha1 Global Head of Fixed Income

John Romiza Co-Head of Global Equity Trading

Bhanu Singh Head of Asia Pacific Portfolio Management

Ryan Wiley Co-Head of Global Equity Trading

SALES AND CLIENT SERVICE

INSTITUTIONAL SERVICES Stephen A. Clark Head of Global Institutional Services

Craig Horvath Global Head of Consultant Relations

Rune Sanbeck Head of Institutional, EMEA

Carlo Venes Head of Institutional, Asia ex Japan

FINANCIAL ADVISOR SERVICES David P. Butler Co-Chief Executive Officer, Head of Global Financial Advisor Services, and Director

David R. Jones Head of Financial Advisor Services, EMEA

Nathan Krieger Head of Financial Advisor Services, Australia

Bradley G. Steiman Director and Head of Canadian Financial Advisor Services

CORPORATE

COMPLIANCE & RISK MANAGEMENT Christopher S. Crossan Global Chief Compliance Officer

LEGAL Catherine L. Newell General Counsel and Secretary

OPERATIONS Sam Gilliland Chief Operating Officer and Senior Advisor

MARKETING Karen Dolan Head of Marketing

INVESTMENT OPERATIONS Richard A. Eustice Head of Global Investment Operations

FINANCIAL/ACCOUNTING SERVICES Gregory K. Hinkle Chief Financial Officer and Treasurer

HUMAN RESOURCES Aaron Marcus Head of Global Human Resources

AFFIL IATES

DIMENSIONAL FUND ADVISORS LTD. (LONDON) Arthur H.F. Barlow Chairman, Managing Director, and Senior Portfolio Manager

DFA AUSTRALIA LIMITED (SYDNEY) J. Glenn Crane Chairman and Chief Executive Officer

DIMENSIONAL JAPAN LTD. (TOKYO) John R. Alkire Chief Executive Officer

DIMENSIONAL FUND ADVISORS PTE. LTD. (SINGAPORE) Peng Chen Director, Chief Executive Officer, Asia ex Japan

DIMENSIONAL FUND ADVISORS CANADA ULC (VANCOUVER) Bradley G. Steiman Director and Head of Canadian Financial Advisor Services

EXECUTIVE

David G. Booth1, Founder and Executive Chairman

David P. Butler, Co-Chief Executive Officer, Head of Global Financial Advisor Services, and Director

Eduardo A. Repetto1, Co-Chief Executive Officer, Co-Chief Investment Officer, and Director

BOARD OF DIRECTORS—DIMENSIONAL FUND ADVISORS LP

David G. Booth1, Executive Chairman

David P. Butler, Director

Eugene F. Fama, Nobel laureate, Director, and Consultant

Kenneth R. French, Director and Consultant

John A. McQuown, Director

Eduardo A. Repetto1, Director

Partial List of Clients

9

As of May 1, 2017.

Clients in bold have been clients with Dimensional for 10 or more years. Some entities listed do not engage Dimensional directly, but invest in a commingled vehicle advised by Dimensional. This list is solely a partial list of clients of the

Dimensional group of companies and is generally representative of Dimensional’s institutional client base. Clients have given consent to be included and were not chosen based on performance-based criteria. This list should not be construed

as an expression of any client's experience with Dimensional, or a suggestion that one client's experience is in any way indicative of another client's future experience with Dimensional. Inclusion of a client’s name on the list should not be

taken as an indication that the client approves or disapproves of Dimensional or the advisory services provided to either the client and/or the commingled vehicle in which the client may be invested.

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Corporate Nonprofit Organizations Public Taft-HartleyAT&T Inc. Baptist Foundation of Alabama Alaska Permanent Fund Corporation Bakery & Confectionary Union and

Boeing Corporation California Wellness Foundation Arizona State Retirement System Industry International Pension Fund

Citigroup Carnegie Mellon University City and County of Kalamazoo Laborers' District Council & Contractors'

Exchange Bank Chicago Community Foundation City and County of San Francisco Pension Fund of Ohio

Kellogg Company Creighton University City of Baton Rouge Local Union #226

Merck Gonzaga University City of San Diego National Electrical Benefit Fund

MLC Idaho Community Foundation City of Seattle National Retirement Fund

National Telecommunications Misericordia Home Endowment Florida State Board of Administration Southern Nevada Culinary & Bartenders

Cooperative Association New Haven Community Foundation Illinois Municipal Retirement Fund Pension Fund

PepsiCo, Inc. Public Policy Institute of California Los Angeles Department of Union Electrical Industry Master Trust

PPG Industries, Inc. San Francisco Foundation Water & Power System

Sandia Corporation Simon Fraser University Marin County Employees’

TimkenSteel Corporation Surdna Foundation Retirement Association

Tribune Company Toledo Community Foundation Maryland State Retirement Agency

Verizon Communications, Inc. University of Miami Mississippi Public Employees

WellPoint, Inc. University of Pittsburgh Medical Center Retirement System

Yum! Brands, Inc. Wallace Foundation Montana Board of Investments

Western Michigan University Municipal Fire & Police

Foundation Retirement System of Iowa

Nebraska Investment Council

North Dakota State Investment Board

Nova Scotia Association of Health

Organizations

Oregon Office of the State Treasurer

South Dakota Investment Council

St. Paul Teachers’ Retirement Fund

Association

Teachers' Retirement Allowances Fund

Utah State Retirement Systems

SC: GC29 Change Effective Date upon updating

Section B: Investment Process and

Discipline

REIT Investment Strategy

11

Providing broad, cost-effective access to real estate

Dimensional’s REIT strategies are built on specific principles:

• Broad coverage within the real estate asset class.

– By type and size of REIT— such as multi-family, retail, office building, industrial, storage,

lodging, recreational, and mixed-use properties.

– By capitalization—includes small cap REITs.

• Disciplined, process-driven approach

– Exclusion rules designed to capture the distinct characteristics of the asset class.

– Patient trading emphasizes price over time of execution.

• Low costs

– Low management fees and reduced trading costs.

Note: Exclusion rules seek to exclude from purchase securities Dimensional determines to fall within these exclusions

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Focused Access to Real Estate Market

12

Exclusion rules help Dimensional build purer asset classes

References to REITs are intended to encompass REITs and similar REIT-like structures found around the world.

Considerations and potential exclusions apply to securities Dimensional determines to fall within these categories at the time of potential purchase. This is not a complete list of all possible considerations and potential exclusions

and is subject to change in all respects.

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Asset Class Exclusions

• No mortgage REITs

• No prison REITs

• No property companies

• No real estate operating

companies (REOCs)

Trading Exclusions

• Exchange history

• Insufficient liquidity

• Short trading history

• Insufficient float

Pricing Exclusions

• Extreme financial distress

or bankruptcy

• Suspended or delisted

• Merger or target of

acquisition

SC: EC37

Global REIT Holdings

13

The Global Real Estate Securities Portfolio provides exposure to over 164,000 properties around the globe

1. The only two countries in this range are the United States (135,436 properties) and Canada (5,072 properties).

Holdings and properties subject to change. Properties are defined as buildings or parcels of land held for development owned and/or managed by companies whose securities are held by DFA Global Real Estate Securities Portfolio. Where

data on individual buildings were not available, data on properties (consisting of multiple buildings) were used instead. Property data are the latest data available from the companies' financial statements and websites as of May 15, 2017.

G:\Presentations\Source

Materials\Master Files\VAULT

Master Files

(VMF)\US\Slides\Shed\Insto_Back

Pocket\Maps\REITS Heat

Map_US_2017.ai

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Countries in which Dimensional invests through REITs and REIT-like vehicles (as of March 31, 2017)

>5,0001

No properties

1,000–5,000

100–1,000

<100

Number of Properties

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Trading Costs Matter

14

Our approach helps minimize the total costs of trading

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Commissions, custody fees, exchange fees

Bid-ask spread, market impact

We deal with explicit costs by keeping commissions as low as possible without sacrificing overall execution.

Trading Costs = + Implicit Costs Explicit Costs

Implicit costs are more challenging to measure and must be estimated. They can potentially be large. We apply a trading philosophy that emphasizes patience and flexibility.

Low turnover by design keeps overall trading costs down.

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Section C: Market Overview

Global Equity Returns (%) One-Year as of June 30, 2017

Performance is shown in USD net dividends and is based on MSCI World ex USA IMI Index, MSCI Emerging Markets IMI Index, and Russell 3000 Index (total return). Russell data © Russell Investment Group 1995–2017, all rights

reserved. MSCI data © MSCI 2017, all rights reserved. Indices are not available for direct investment. Their performance does not reflect the expenses associated with the management of an actual portfolio. Past performance is not a

guarantee of future results. The S&P data are provided by Standard & Poor's Index Services Group. 16

Russell 3000 Index

S&P Global REIT Index

MSCI Emerging Markets IMI

MSCI World ex USA IMI

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

30%

Jun-16 Sep-16 Dec-16 Mar-17 Jun-17

Retu

rns

(%)

Section D: Performance Review

Performance data shown represents past performance and is no guarantee of future results. Current performance may be higher or lower than the performance shown. The

investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. To obtain

the most current month-end performance data, visit us.dimensional.com. 1.Returns for periods shorter than one year are not annualized.

2.Provided at specific request of Los Angeles Water and Power Employees’ Retirement Plan.

3. FTSE EPRA/NAREIT Developed Index is the benchmark selected by Los Angeles Water and Power Employees’ Retirement

The prospectus benchmark for the DFA Global Real Estate Securities Portfolio is the S&P Global REIT Index. The S&P data are provided by Standard & Poor's Index Services Group. FTSE data is provided by FTSE NAREIT. Indices are

not available for direct investment. See “Appendix: Standardized Performance Data & Disclosures” to learn how to obtain complete information on performance, investment objectives, risks, advisory fees, and expenses of Dimensional’s

funds.

Performance As of June 30, 2017

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Calendar Year

Returns (%)

DFA Global Real Estate

Securities Portfolio

(net of fees)

FTSE EPRA/NAREIT

Developed Index

(gross dividends)

S&P Global REIT

Index

(net dividends)

2009 32.67 38.26 31.72

2010 23.79 20.40 22.09

2011 1.81 -5.82 0.61

2012 23.17 28.65 22.38

2013 1.77 4.39 1.73

2014 22.74 15.89 21.54

2015 0.69 0.05 -0.44

2016 6.56 4.99 5.77

Annualized Returns1 (%)

2nd

Quarter

2017

Year to

Date 1 Year 3 Years 5 Years

Since 4/13

Account

1st Full

Month

Since 7/08

Portfolio

1st Full

Month

DFA Global Real Estate Securities Portfolio (gross of fees)2 1.85 3.87 -1.54 5.83 8.67 6.63 7.07

DFA Global Real Estate Securities Portfolio (net of fees) 1.79 3.75 -1.78 5.56 8.37 6.34 6.70

FTSE EPRA/NAREIT Developed Index (gross dividends)3 3.01 5.37 1.14 4.56 8.36 5.59 5.62

S&P Global REIT Index (net dividends) 1.67 3.14 -2.35 4.55 7.57 5.34 5.51

Account Value

(11423) WATER & POWER

EMPLOYEES RETIREMENT PLAN$23,641,386

(11424) WATER & POWER

EMPLOYEES RETIREMENT PLAN,

RETIREE HEALTH BENEFITS FUND

$5,920,007

Total $29,561,393



the most current month-end performance data, visit us.dimensional.com. 1. Returns for periods shorter than one year are not annualized. Portfolio inception returns are from the first full month.

The prospectus benchmark for the DFA Global Real Estate Securities Portfolio is the S&P Global REIT Index. FTSE data is provided by FTSE NAREIT. Indices are not available for direct investment. See “Appendix: Standardized

Performance Data & Disclosures” to learn how to obtain complete information on performance, investment objectives, risks, advisory fees, and expenses of Dimensional’s funds.

Global Real Estate Securities Portfolio Performance as of June 30, 2017

19

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1.79

3.75

-1.78

5.56

6.34

3.01

5.37

1.14

4.56

5.59

2nd Quarter 2017 Year to Date 1 Year 3 Year Since 4/13 Account1st Full Month

DFA Global Real Estate Securities Portfolio (net of fees) FTSE EPRA/NAREIT Developed Index (gross dividends)

PERIODIC RETURNS (%)

Market Value Summary Account Inception Date: March 28, 2013

20

Account Value

at Inception

(11423) Water & Power Employees Retirement Plan $8,000,000

Purchases $10,290,000

Withdrawals $0

Dividends $2,688,824

Change in Market Value $2,662,562

Account Value as of June 30, 2017 $23,641,386

Account Value

at Inception

(11424) Water & Power Employees Retirement Plan Retiree Health Benefits Fund $2,000,000

Purchases $2,580,000

Withdrawals $0

Dividends $673,234

Change in Market Value $666,773

Account Value as of June 30, 2017 $5,920,007



the most current month-end performance data, visit us.dimensional.com. The prospectus benchmark for the DFA Global Real Estate Securities Portfolio is the S&P Global REIT Index. Holdings are subject to change. Sectors defined by MSCI. REITs are an industry subsector of Financials. They are included to

illustrate the potential impact of their portfolio exclusion. FTSE data is provided by FTSE NAREIT. See “Appendix: Standardized Performance Data & Disclosures” to learn how to obtain complete information on performance, investment

objectives, risks, advisory fees, and expenses of Dimensional’s funds.

Attribution Analysis by Sector (GIC REIT Industry) Global Real Estate Securities Portfolio vs. FTSE EPRA/NAREIT Developed Index (gross dividends)

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1 Year as of June 30, 2017

Sector

Diversified REITs 13% 11% 0.68% (0.26%) (0.04%) 0.12% 0.01% 0.09%

Health Care REITs 9% 8% 3.76% 3.60% 0.01% 0.01% (0.00%) 0.02%

Hotel and Resort REITs 4% 4% 17.76% 17.43% 0.06% 0.01% (0.01%) 0.07%

Industrial REITs 8% 7% 15.14% 15.35% 0.16% (0.01%) (0.01%) 0.14%

Office REITs 14% 12% 1.33% 1.94% 0.02% (0.08%) 0.00% (0.06%)

Residential REITs 12% 10% 5.48% 5.86% 0.07% (0.04%) (0.02%) 0.02%

Retail REITs 28% 24% (14.43%) (15.10%) (0.75%) 0.21% 0.07% (0.47%)

Specialized REITs 11% 6% (1.88%) (5.72%) (0.24%) 0.42% (0.00%) 0.18%

Other Industry 0% 19% 10.54% 15.94% (2.59%) (0.00%) (0.02%) (2.61%)

Cash 0% — 0.65% — (0.01%) 0.00% — (0.01%)

Estimated Total 100% 100% (1.47%) 1.16% (3.29%) 0.64% 0.01% (2.63%)

Expenses and Fees (0.21%) — (0.21%)

Other (0.10%) (0.02%) (0.07%)

Total (1.78%) 1.14% (2.92%)

Interaction Total

Portfolio

Average

Weights

Benchmark

Average

Weights

Portfolio

Return

Benchmark

Return

Portfolio

Allocation

Portfolio

Composition

GRND X

FEND



the most current month-end performance data, visit us.dimensional.com. The prospectus benchmark for the DFA Global Real Estate Securities Portfolio is the S&P Global REIT Index. Holdings are subject to change. FTSE data is provided by FTSE NAREIT. See “Appendix: Standardized Performance Data &

Disclosures” to learn how to obtain complete information on performance, investment objectives, risks, advisory fees, and expenses of Dimensional’s funds.

Attribution Analysis by Country Global Real Estate Securities Portfolio vs. FTSE EPRA/NAREIT Developed Index (gross dividends)

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1 Year as of June 30, 2017

Country

Australia 7% 6% (3.86%) (3.61%) (0.07%) (0.02%) 0.01% (0.08%)Austria — 0% — 35.14% (0.09%) — (0.00%) (0.09%)Belgium 1% 1% 9.55% 9.73% 0.01% (0.00%) (0.00%) 0.01% Canada 2% 3% 1.49% 0.48% 0.03% 0.02% (0.00%) 0.04% China 0% — 15.39% — (0.00%) 0.01% — 0.01% Finland — 0% — 39.20% (0.06%) — (0.00%) (0.06%)France 2% 2% 7.84% 8.38% 0.03% (0.01%) (0.00%) 0.02% Germany 0% 3% 2.77% 10.34% (0.29%) (0.02%) (0.00%) (0.31%)Hong Kong 2% 8% 16.18% 24.29% (1.22%) (0.11%) (0.01%) (1.33%)Ireland 0% 0% 3.88% 11.72% (0.01%) (0.00%) (0.00%) (0.01%)Israel — 0% — 33.50% (0.04%) — (0.00%) (0.04%)Italy 0% 0% 19.82% 19.97% 0.00% (0.00%) (0.00%) 0.00% Japan 8% 11% (13.63%) (5.05%) 0.23% (0.71%) 0.01% (0.46%)Malaysia 0% — 3.54% — (0.00%) 0.01% — 0.01% Mexico 1% — (0.65%) — (0.01%) 0.00% — (0.00%)Netherlands 2% 2% 2.73% 2.61% 0.01% 0.00% 0.00% 0.01% New Zealand 0% 0% 3.50% 2.42% 0.00% 0.00% 0.00% 0.01% Norway — 0% — 33.88% (0.02%) — (0.00%) (0.02%)Singapore 3% 2% 10.87% 14.68% 0.02% (0.08%) (0.00%) (0.06%)South Africa 1% — 14.09% — (0.01%) 0.17% — 0.15% Spain 0% 1% 25.45% 27.90% (0.06%) (0.01%) (0.00%) (0.07%)Sweden — 1% — 8.43% (0.10%) — (0.00%) (0.10%)Switzerland — 1% — 9.25% (0.07%) — (0.00%) (0.07%)Turkey 0% — (13.96%) — (0.00%) (0.03%) — (0.03%)UK 4% 5% 5.23% 6.72% (0.02%) (0.06%) (0.00%) (0.08%)US 66% 54% (2.15%) (2.75%) (0.44%) 0.37% 0.01% (0.06%)Cash 0% — 0.65% — (0.01%) 0.00% — (0.01%)Estimated Total 100% 100% (1.47%) 1.16% (2.18%) (0.46%) 0.01% (2.63%)Expenses and Fees (0.21%) — (0.21%)Other (0.10%) (0.02%) (0.07%)Total (1.78%) 1.14% (2.92%)

Interaction Total

Portfolio

Average

Weights

Benchmark

Average

Weights

Portfolio

Return

Benchmark

Return

Portfolio

Allocation

Portfolio

Composition

GRND X

FEND

Holdings are subject to change.

Top 10 Contributors Global Real Estate Securities Portfolio, 1 Year as of June 30, 2017

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Global Real Estate


Contribution

Prologis Inc 0.54%

Equinix Inc 0.26%

Link REIT 0.22%

Essex Property Trust Inc 0.20%

Host Hotels & Resorts Inc 0.20%

AvalonBay Communities Inc 0.20%

Goodman Group 0.15%

Alexandria Real Estate Equities Inc 0.15%

Kilroy Realty Corp 0.11%

Sunstone Hotel Investors Inc 0.10%


Top 10 Detractors Global Real Estate Securities Portfolio, 1 Year as of June 30, 2017

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Global Real Estate


Contribution

Simon Property Group Inc -1.11%

Public Storage -0.42%

Kimco Realty Corp -0.35%

Macerich Co/The -0.24%

Westfield Corp -0.23%

Realty Income Corp -0.22%

GGP Inc -0.22%

DDR Corp -0.19%

Federal Realty Investment Trust -0.18%

Spirit Realty Capital Inc -0.17%

Section E: Portfolio Review and

Characteristics


Top 10 Holdings Global Real Estate Securities Portfolio, as of June 30, 2017

26

#17867-1011

Country Percent of Portfolio

Simon Property Group Inc United States 3.9

Equinix Inc United States 2.5

Prologis Inc United States 2.3

Public Storage United States 2.3

Unibail-Rodamco SE Netherlands 2.1

Welltower Inc United States 2.0

AvalonBay Communities Inc United States 2.0

Ventas Inc United States 1.8

Equity Residential United States 1.8

Boston Properties Inc United States 1.4

1. Operating income before depreciation and amortization minus interest expense scaled by book.

Holdings are subject to change. The S&P data are provided by Standard & Poor’s Index Services Group. FTSE data is provided by FTSE NAREIT. The prospectus benchmark for the DFA Global Real Estate Securities Portfolio is the S&P

Global REIT Index.

Characteristics As of June 30, 2017

27

#17595-1011

GLOBAL REAL ESTATE

SECURITIES PORTFOLIO

FTSE EPRA/NAREIT Developed

Index (gross dividends)

S&P Global

REIT Index

MARKET CHARACTERISTICS

Size of Universe $1,380,003 $1,417,836 $1,254,882

Number of Holdings 431 335 421

SIZE CHARACTERISTICS

Wtd. Average Market Cap (millions) $13,549 $13,550 $12,011

Median Market Cap (millions) $1,582 $2,595 $1,568

VALUATION CHARACTERISTICS

Aggregate Price-to-Book 1.70 1.49 1.66

Wtd. Average Dividend-to-Price 4.19% 3.91% 4.31%

PROFITABILITY CHARACTERISTICS

Wtd. Average Profitability1 0.16 0.15 0.15

DFGEX

Numbers may not total 100% due to rounding. Sector defined by MSCI. The S&P data are provided by Standard & Poor’s Index Services Group. FTSE data is provided by FTSE NAREIT. The prospectus benchmark for the DFA Global

Real Estate Securities Portfolio is the S&P Global REIT Index.

Sector Allocations As of June 30, 2017

28

#17600-1011

GLOBAL REAL ESTATE




S&P Global

REIT Index

PORTFOLIO WEIGHTS (%)

Retail 25.1 21.4 25.2

Office 14.0 11.9 14.1

Diversified 13.8 10.7 15.6

Specialized 13.8 6.4 9.4

Residential 11.9 10.9 12.8

Health Care 8.6 8.0 9.4

Industrial 8.3 7.1 8.8

Hotel & Resort 4.6 3.9 4.8

Other Non-Real Estate 0.0 0.4 —

Other Real Estate — 19.5 —

DFGEX

Holdings are subject to change. Numbers may not total 100% due to rounding. FTSE data is provided by FTSE NAREIT. The S&P data are provided by Standard & Poor’s Index Services Group. The prospectus benchmark for the DFA

Global Real Estate Securities Portfolio is the S&P Global REIT Index.

Country Allocations As of June 30, 2017

29

GLOBAL REAL ESTATE




S&P Global

REIT Index

US 65.2 53.9 64.2

Japan 7.4 10.5 7.8

Australia 7.0 5.6 7.0

UK 4.8 5.0 5.0

Singapore 2.8 2.4 2.9

Netherlands 2.6 2.1 0.4

France 2.0 1.6 4.0

Canada 1.9 2.8 1.7

Hong Kong 1.7 7.7 1.8

South Africa 1.3 — 1.4

Belgium 0.7 0.6 0.7

Mexico 0.7 — 0.8

Spain 0.4 0.7 0.8

New Zealand 0.3 0.1 0.5

Germany 0.3 3.6 0.2

Turkey 0.2 — 0.2

Malaysia 0.2 — 0.2

Italy 0.1 0.1 0.1

China 0.1 —

Taiwan 0.1 — 0.0

Ireland 0.1 0.2 0.2

Greece 0.0 — 0.0

Austria — 0.3 —

Switzerland — 1.0 —

Israel — 0.1 0.1

Thailand — — 0.3

Finland — 0.2 —

Norway — 0.1 —

Sweden — 1.4 —

PORTFOLIO WEIGHTS (%)

#47112-0715

Section F: Fee Schedule

Fees

31

1. Fee and expense information as of the prospectus date 2/28/17.

Under certain circumstances, the Advisor has contractually agreed to waive certain fees and/or assume certain expenses of the Portfolio. Unless otherwise stated in the prospectus, the Advisor may amend or discontinue the waivers at any

time, one year from the date of the prospectus. The net expense ratio reflects the total annual fund operating expenses of the Portfolio after taking into account any such fee waiver and/or expense reimbursement arrangements. Please read

the Portfolio’s prospectus for details and more information.

#17868-1011

Net Expense Ratio1 (%)

Total (Gross) Expense

Ratio1 (%) Management

Fee1 (%)

Global Real Estate Securities Portfolio 0.24 0.38 0.20

DFGEX

Appendix

Standardized Performance Data & Disclosures

33

#59473-0617

Performance data shown represents past performance. Past performance is no guarantee of future results, and current performance may be higher or lower than the performance shown. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. To obtain performance data current to the most recent month end, access our website at us.dimensional.com.

Consider the investment objectives, risks, and charges and expenses of the Dimensional funds carefully before investing. For this and other information about the Dimensional funds, please read the prospectus carefully before investing. Prospectuses are available by calling Dimensional Fund Advisors collect at (512) 306-7400 or at us.dimensional.com/prospectus. Dimensional funds are distributed by DFA Securities LLC.

Dimensional Fund Advisors LP is an investment advisor registered with the Securities and Exchange Commission.

For investors subject to the Department of Labor Fiduciary Rule: These materials are directed at independent fiduciaries of the retirement plan or IRA. Dimensional has undertaken to confirm that such fiduciary of the plan or IRA is: (A) a bank; (B) an insurance carrier; (C) a registered investment adviser; (D) a registered broker-dealer; or (E) any independent fiduciary that holds, or has under management or control, total assets of at least $50 million. Additionally, Dimensional understands such fiduciary is capable of evaluating investment risks independently, both in general and with regard to particular transactions and investment strategies. These materials are not intended, and shall not be used, by individuals without the assistance of such investment professional.

Dimensional hereby undertakes to fairly inform the independent fiduciary that Dimensional is not undertaking to provide impartial investment advice, or to give advice in a fiduciary capacity, in connection with the transaction; and fairly informs the independent fiduciary that Dimensional would receive a fee for provision of investment management services for any plan investment.

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. Sector-specific investments focus on a specific segment of the market, which can increase investment risks. Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income 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. 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. Sustainability funds use environmental and social screens that may limit investment opportunities for the fund. Commodities include increased risks, such as political, economic, and currency instability, and may not be suitable for all investors. The Portfolio may be more volatile than a diversified fund because the Portfolio invests in a smaller number of issuers and commodity sectors. The fund prospectuses contain more information about investment risks.

SC: GC30


34

1. Performance information as of 6/30/17.

2. Fee and expense information as of the prospectus dated 02/28/17 unless otherwise stated.

3. Fee and expense information as of the prospectus dated 05/16/17.

4. Fee and expense information as of the prospectus date 2/28/17 (amended 4/3/17).




#58386-0317

SC: GC31

AVERAGE ANNUAL TOTAL RETURNS1 (%) FEES AND EXPENSES2

Symbol 1 Year 5 Years 10 Years Since

Inception Inception

Date

Net Expense Ratio (%)

Total (Gross) Expense Ratio (%)

Management Fee (%)

Management Fee after Fee

Waiver (%)

US Equity Portfolios

US Core Equity 1 Portfolio DFEOX 19.65 14.78 7.29 8.37 9/15/2005 0.19 0.19 0.17 0.17

US Core Equity 2 Portfolio DFQTX 19.81 14.61 6.83 8.10 9/15/2005 0.22 0.22 0.20 0.20

US Vector Equity Portfolio DFVEX 21.47 14.47 6.28 7.84 12/30/2005 0.32 0.32 0.30 0.30

US Micro Cap Portfolio DFSCX 24.05 14.95 7.16 12.02 12/23/1981 0.52 0.52 0.50 0.50

US Small Cap Portfolio DFSTX 21.56 14.61 7.95 10.63 3/19/1992 0.37 0.37 0.35 0.35

US Small Cap Value Portfolio DFSVX 21.86 13.97 5.89 11.78 3/2/1993 0.52 0.52 0.50 0.50

US Small Cap Growth Portfolio DSCGX 20.08 — — 14.11 12/20/2012 0.40 0.39 0.35 0.35

US Targeted Value Portfolio DFFVX 21.55 14.54 6.55 11.60 2/23/2000 0.37 0.37 0.35 0.35

US Large Cap Value Portfolio DFLVX 20.86 16.13 6.25 10.25 2/19/1993 0.27 0.37 0.35 0.25

US Large Cap Growth Portfolio DUSLX 16.54 — — 14.49 12/20/2012 0.20 0.20 0.17 0.17

US Large Company Portfolio DFUSX 17.87 14.55 7.18 5.64 9/23/1999 0.08 0.08 0.06 0.06

US Large Cap Equity Portfolio DUSQX 18.92 — — 12.50 6/25/2013 0.18 0.17 0.15 0.15

US High Relative Profitability Portfolio3 DURPX — — — 1.86 5/16/2017 0.25 0.29 0.20 0.20

Enhanced US Large Company Portfolio4 DFELX 17.71 14.73 7.48 8.52 7/2/1996 0.15 0.23 0.20 0.20


35







#28230-0912

SC: GC31



Inception Inception

Date



Management Fee (%)


Waiver (%)

Non-US Equity Portfolios

International Core Equity Portfolio DFIEX 22.73 9.95 1.93 5.26 9/15/2005 0.30 0.30 0.27 0.27

International Vector Equity Portfolio DFVQX 24.67 10.48 — 5.47 8/14/2008 0.49 0.49 0.45 0.45

International Small Company Portfolio DFISX 24.07 12.26 3.69 7.31 9/30/1996 0.53 0.53 0.40 0.40

International Small Cap Value Portfolio DISVX 28.80 13.74 3.55 7.91 12/29/1994 0.68 0.68 0.65 0.65

International Small Cap Growth Portfolio DISMX 22.53 — — 11.45 12/20/2012 0.55 0.65 0.50 0.50

International Value Portfolio DFIVX 25.92 8.26 0.03 6.32 2/15/1994 0.43 0.63 0.60 0.40

International Large Cap Growth Portfolio DILRX 16.30 — — 7.21 12/20/2012 0.30 0.33 0.25 0.25

Large Cap International Portfolio DFALX 20.06 8.31 1.32 5.73 7/17/1991 0.23 0.23 0.20 0.20

International High Relative Profitability Portfolio3 DIHRX — — — 0.38 5/16/2017 0.35 0.39 0.25 0.25

Emerging Markets Core Equity Portfolio DFCEX 21.94 4.69 2.77 8.13 4/5/2005 0.53 0.53 0.47 0.47

Emerging Markets Small Cap Portfolio DEMSX 19.52 6.86 3.98 11.66 3/5/1998 0.72 0.92 0.85 0.65

Emerging Markets Value Portfolio DFEVX 27.59 3.83 1.36 10.36 4/1/1998 0.56 0.66 0.60 0.50

Emerging Markets Portfolio DFEMX 22.45 4.19 2.43 7.01 4/25/1994 0.48 0.58 0.52 0.42

World ex US Value Portfolio DFWVX 26.56 7.72 — 5.19 8/23/2010 0.53 0.76 0.47 0.47

World ex US Targeted Value Portfolio DWUSX 27.85 — — 9.83 11/1/2012 0.76 0.76 0.58 0.58

World ex US Core Equity Portfolio DFWIX 22.64 — — 5.37 4/9/2013 0.39 0.39 0.32 0.32


36

1. Performance information as of 6/30/17. Assumed highest marginal tax rate in effect for capital gains and ordinary income. Income from funds managed for tax efficiency may be subject to an alternative minimum tax and/or

any applicable state and local taxes.





#28230-0912

SC: GC31



Inception Inception

Date



Management Fee (%)


Waiver (%)

Tax Managed Portfolios

Tax-Managed US Small Cap Portfolio

DFTSX 22.16 14.71 6.57 9.64 12/15/1998 0.52 0.52 0.50 0.50

After Taxes on Distributions 21.23 14.00 6.03 9.31

After Taxes on Distributions & Sale of Fund Shares 13.11 11.75 5.22 8.29

Tax-Managed US Targeted Value Portfolio DTMVX 22.16 15.45 6.20 10.36 12/11/1998 0.44 0.44 0.42 0.42



Tax-Managed US Equity Portfolio DTMEX 18.91 14.57 7.14 7.98 9/25/2001 0.22 0.22 0.20 0.20



Tax-Managed US Marketwide Value Portfolio DTMMX 19.32 15.82 6.32 7.62 12/14/1998 0.37 0.57 0.55 0.35



Tax-Managed International Value Portfolio DTMIX 25.66 7.94 0.17 5.76 4/16/1999 0.53 0.53 0.50 0.50

After Taxes on Distributions 24.44 7.25 -0.41 5.21


TA US Core Equity 2 Portfolio DFTCX 19.85 14.71 — 7.22 10/4/2007 0.24 0.24 0.22 0.22

After Taxes on Distributions 19.24 14.13 — 6.83

After Taxes on Distributions & Sale of Fund Shares 11.40 11.74 — 5.77

TA World ex US Core Equity Portfolio DFTWX 22.79 8.60 — 3.20 3/6/2008 0.37 0.37 0.32 0.32

After Taxes on Distributions 21.90 8.04 — 2.79

After Taxes on Distributions & Sale of Fund Shares 13.12 6.80 — 2.58


37






SC: GC30



Inception Inception

Date



Management Fee (%)

Fixed Income Portfolios

One-Year Fixed Income Portfolio DFIHX 0.63 0.54 1.34 4.68 7/25/1983 0.17 0.17 0.15

Short-Term Government Portfolio DFFGX -0.63 0.85 2.49 5.05 6/1/1987 0.19 0.19 0.17

Short-Term Extended Quality Portfolio DFEQX 0.60 1.70 — 3.14 3/4/2009 0.22 0.22 0.20

California Short-Term Municipal Bond Portfolio DFCMX 0.18 0.82 1.75 1.77 4/2/2007 0.22 0.22 0.20

Short-Term Municipal Bond Portfolio DFSMX 0.16 0.73 1.62 1.78 8/20/2002 0.22 0.22 0.20

Short-Duration Real Return Portfolio DFAIX 1.32 — — 0.79 11/5/2013 0.24 0.23 0.20

Two-Year Global Fixed Income Portfolio DFGFX 0.65 0.65 1.52 3.15 2/9/1996 0.17 0.17 0.15

Selectively Hedged Global Fixed Income Portfolio DFSHX 1.42 0.54 — 1.06 1/9/2008 0.17 0.17 0.15

Five-Year Global Fixed Income Portfolio DFGBX -0.14 1.89 3.30 5.33 11/6/1990 0.27 0.27 0.25

Municipal Real Return Portfolio DMREX 1.25 — — 0.68 11/4/2014 0.27 0.25 0.20

Municipal Bond Portfolio DFMPX 0.01 — — 1.96 3/10/2015 0.23 0.25 0.20

California Intermediate-Term Municipal Bond Portfolio DCIBX -0.17 2.28 — 2.51 11/29/2011 0.23 0.23 0.20

NY Municipal Bond Portfolio DNYMX 0.21 — — 2.28 6/16/2015 0.25 0.34 0.20

Intermediate-Term Municipal Bond Portfolio DFTIX -0.25 1.91 — 1.74 3/1/2012 0.23 0.22 0.20

Targeted Credit Portfolio DTCPX 1.19 — — 2.07 5/20/2015 0.20 0.24 0.19

Intermediate Government Fixed Income Portfolio DFIGX -2.53 1.62 4.65 6.22 10/19/1990 0.12 0.12 0.10

Intermediate-Term Extended Quality Portfolio DFTEX 0.37 3.36 — 4.30 7/20/2010 0.22 0.22 0.20

Investment Grade Portfolio DFAPX -0.49 2.47 — 3.71 3/7/2011 0.22 0.22 0.20

Inflation-Protected Securities Portfolio DIPSX -0.89 0.22 4.51 4.27 9/18/2006 0.12 0.12 0.10

LTIP Portfolio

DRXIX -3.68 -1.22 — 0.21 3/7/2012 0.15 0.21 0.10

World ex US Government Fixed Income Portfolio DWFIX -0.94 4.06 — 4.42 12/6/2011 0.20 0.22 0.18

Commodities Portfolio

Commodity Strategy Portfolio DCMSX -5.09 -7.52 — -7.38 11/9/2010 0.33 0.33 0.30


38






SC: GC30



Inception Inception

Date



Management Fee (%)

Global Portfolios

Global Allocation 25/75 Portfolio

DGTSX 4.93 3.99 3.77 4.43 12/24/2003 0.25 0.42 0.20

Global Allocation 60/40 Portfolio

DGSIX 11.96 8.10 4.71 6.40 12/24/2003 0.28 0.50 0.25

Global Equity Portfolio

DGEIX 19.96 12.47 5.02 8.17 12/24/2003 0.30 0.58 0.30

Global Small Company Portfolio DGLIX — — — 7.40 1/18/2017 0.49 0.75 0.45

Selectively Hedged Global Equity Portfolio DSHGX 21.83 11.80 — 11.28 11/14/2011 0.35 0.64 0.30

World Core Equity Portfolio DREIX 20.96 11.60 — 10.50 3/7/2012 0.35 0.64 0.30

Real Estate Portfolios

Real Estate Securities Portfolio DFREX -1.96 9.32 5.75 10.16 1/5/1993 0.18 0.19 0.17

International Real Estate Securities Portfolio DFITX -0.92 6.93 0.28 0.33 3/1/2007 0.28 0.28 0.25

Global Real Estate Securities Portfolio DFGEX -1.78 8.37 — 5.41 6/4/2008 0.24 0.38 0.20

Social and Sustainability Portfolios

US Sustainability Core 1 Portfolio DFSIX 20.42 14.78 — 9.47 3/12/2008 0.25 0.26 0.23

International Sustainability Core 1 Portfolio DFSPX 22.72 9.40 — 2.80 3/12/2008 0.38 0.38 0.30

US Social Core Equity 2 Portfolio DFUEX 21.02 14.11 — 6.41 10/1/2007 0.28 0.28 0.25

International Social Core Equity Portfolio DSCLX 23.15 — — 8.17 11/1/2012 0.37 0.37 0.29

Emerging Markets Social Core Equity Portfolio DFESX 23.24 4.61 2.37 5.90 8/31/2006 0.56 0.56 0.47

Social Fixed Income Portfolio

DSFIX -0.82 — — 0.52 4/5/2016 0.26 0.56 0.20

Presenters’ Biographies

39

Joseph L. Young, CFA Vice President

Joseph Young is a vice president responsible for developing and maintaining relationships with public pension funds, foundations, endowments, Taft-Hartley plan sponsors, and corporate pension and defined contribution plans.

Joe began his career with Dimensional in February 2002 focusing on consultant relations. Prior to joining Dimensional, he worked as a project management analyst at Global Crossing. He is an active member of the CFA Society of Austin, National Society of Institutional Investment Professionals, CALAPRS, and the Texas Association of Public Employee Retirement Systems (TEXPERS). He is a guest lecturer for the College of Business at Colorado State University. Joe received a BS in finance from the University of Idaho and is a CFA Charterholder.

Joseph H. Chi, CFA Vice President and Co-Head of Portfolio Management

Joseph Chi is Co-Head of Portfolio Management, Chairman of the Investment Committee, and a member of the Investment Research Committee at Dimensional. Together with Jed Fogdall, Joe oversees Dimensional's global Portfolio Management team, including US equity, non-US equity, and fixed income strategies. He is involved in the design and marketing of new products and strategies, speaking frequently to current and prospective clients on many investment-related topics. Joe joined Dimensional in 2005 as a portfolio manager on the International Equity team. Previously a securities and finance attorney, Joe specialized in venture capital, public offerings, and mergers and acquisitions.

Joe earned his MBA, with a concentration in finance, from the Anderson School of Management at the University of California, Los Angeles, in 2005. While at Anderson, Joe received the J. Fred Weston Award for academic excellence in finance and was named a Harold M. Williams Fellow for overall academic achievement. He is a CFA Charterholder who also holds a JD from the University of Southern California, and a BS, cum laude, in electrical engineering from UCLA.

Client Service Team

Stephen A. Clark

Head of Global Institutional, North America, and Vice President

18 Years Investment Experience 15th Year with Firm

Previous Employment: US Bancorp Piper Jaffray

Education: MBA, University of Chicago Booth School of Business; BS, Bradley University

Joseph Young, CFA

Vice President

15 Years Investment Experience 15th Year with Firm

Education: BS, University of Idaho

Yassie Entekhabi

Senior Associate

6 Years Investment Experience 2nd Year with Firm

Previous Employment: Kayne Anderson Capital Advisors, J.P. Morgan

Education: MBA, UCLA Anderson School of Management; BA, Claremont McKenna College

Weideng He

Senior Associate

6 Years Investment Experience 3rd Year with Firm

Previous Employment: Barclays Capital

Education: MS, University of Southern California; BA, Waseda University

Lauren Peiffer

Associate

3 Years Investment Experience 1st Year with Firm

Previous Employment: Cambridge Associates

Education: BS, Washington & Lee University

40

Investment Staff

41 As of July 5, 2017.

1. Investment Committee member

#17625-1011

SC: PC07

David G. Booth1

Founder and Executive Chairman

45 Years of Investment Experience 36th Year with Firm

Previous Employment: A.G. Becker, John O’Brien Associates, Wells Fargo & Co.

Education: MBA, University of Chicago Booth School of Business; MS, BA, University of Kansas

David P. Butler, CFA

Co-Chief Executive Officer, Head of Global Financial Advisor Services, and Director

22 Years of Investment Experience 22nd Year with Firm

Previous Employment: The National Basketball Association (NBA)

Education: MBA, BS, University of California, Berkeley

Eduardo A. Repetto,1 PhD

Co-Chief Executive Officer, Co-Chief Investment Officer, and Director


Previous Employment: California Institute of Technology

Education: PhD, California Institute of Technology; MSc, Brown University; diploma de honor, Universidad de Buenos Aires

Gerard K. O’Reilly,1 PhD Co-Chief Investment Officer and Head of Research


Education: PhD, California Institute of Technology; MSc, Trinity College, Dublin, Ireland

Eugene F. Fama, PhD, Nobel laureate

Director and Consultant


Robert R. McCormick Distinguished Service Professor of Finance, University of Chicago Booth School of Business

Education: PhD, University of Chicago; BA, Tufts University

Kenneth R. French, PhD

Director and Consultant


Roth Family Distinguished Professor of Finance, Dartmouth College

Education: PhD, University of Rochester; MS, MBA, University of Rochester; BS, Lehigh University

Joseph H. Chi,1 CFA

Co-Head of Portfolio Management and Vice President


Previous Employment: Hewitt Associates

Education: MBA, University of California, Los Angeles; JD, University of Southern California; BS, University of California, Los Angeles

Jed S. Fogdall1

Co-Head of Portfolio Management and Vice President


Previous Employment: Boeing Company

Education: MBA, University of California, Los Angeles; BS, Purdue University

Arthur H.F. Barlow

Chairman, Managing Director and Senior Portfolio Manager Equity Focus Dimensional Fund Advisors Ltd.


Education: MBA, BA, University of California, Los Angeles

Investment Staff

42 As of July 5, 2017.

1. Investment Committee member

#17625-1011

SC: PC07

Robert T. Deere1

Investment Director and Senior Portfolio Manager


Previous Employment: General Dynamics

Education: MBA, University of California, Los Angeles; BS, BA, University of California, San Diego

Joseph F. Kolerich1

Senior Portfolio Manager and Vice President Investment Committee Member Fixed Income Focus


Previous Employment: Lincoln Capital Management

Education: MBA, University of Chicago Booth School of Business; BS, Northern Illinois University

Mary Phillips,1 CFA

Senior Portfolio Manager and Vice President


Previous Employment: Russell Investments

Education: MBA, University of Chicago Booth School of Business; BA, University of Puget Sound

David A. Plecha,1 CFA

Global Head of Fixed Income and Vice President Fixed Income and Tax-Managed Separate Accounts Focus


Previous Employment: Leland O’Brien Rubinstein Associates, Hughes Investment Management Co.

Education: MBA, University of California, Los Angeles; BS, University of Michigan

John S. Romiza

Co-Head of Global Equity Trading and Vice President


Previous Employment: Franklin Templeton, SunTrust Bank, Fidelity, State Street Bank

Education: BA, Bentley College

Karen E. Umland,1 CFA

Senior Portfolio Manager and Vice President Non-US Equity Focus


Previous Employment: Yale University Investment Office

Education: MBA, University of California, Los Angeles; BA, Yale University

Ryan J. Wiley

Co-Head of Global Equity Trading and Vice President


Education: MBA, University of California, Los Angeles; BS, California State Polytechnic University, Pomona

Investment Staff

43 As of July 5, 2017.

#17625-1011

SC: PC07

Marcus R. Axthelm

Portfolio Manager and Vice President Non-US Equity Focus


Previous Employment: Commerzbank, Booz Allen Hamilton

Education: MBA, University of Chicago; BA, Berufsakademie Mosbach

Ashish Bhagwanjee

Portfolio Manager Non-US Equity Focus

6 Years of Investment Experience 3rd Year with Firm

Previous Employment: Omaha Foreign Exchange, Ronin Capital, LLC

Education: MBA, University of Chicago Booth School of Business; BS, Purdue University

William Collins-Dean, CFA



Previous Employment: Regions Bank

Education: MBA, University of Chicago Booth School of Business; BS, Wake Forest University

Emily Cornell



Previous Employment: Calamos Investments, 1207 Capital Group

Education: MBA, BA University of Chicago Booth School of Business

Gavin S. Crabb

Portfolio Manager US Equity Focus


Previous Employment: Barclays Capital, Lehman Brothers, Northrop Grumman

Education: MBA, University of California, Los Angeles; BS, California Polytechnic State University, San Luis Obispo

Damian Dormer, CFA



Previous Employment: CGC Kymon Pty Ltd.

Education: B.Engineering, B.Commerce, University of Sydney; M. Applied Finance, Macquarie University

Mitchell Firestein



Education: BSM, Tulane University

Paul Foley, CFA



Education: BA, University of Portsmouth

Alexander Fridman, PhD, CFA, FRM

Portfolio Manager and Vice President Fixed Income Focus


Previous Employment: BlackRock, Trust Company of the West

Education: EMBA, University of Cambridge; PhD, Applied Mathematics, Saint Petersburg State Polytechnic University; MS, Mathematical Finance, University of Southern California; MA, Applied Mathematics, University of Southern California; BS, Applied Mathematics, University of California, Los Angeles

Investment Staff

44 As of July 5, 2017.

#17625-1011

SC: PC07

Stephen J. Garth, PhD

Portfolio Manager and Vice President DFA Australia Limited Fixed Income Focus


Previous Employment: Australian National University

Education: PhD, Australian National University; BSc Hons, Monash University; BA, La Trobe University; Graduate diploma in business administration, University of Canberra; Master of Applied Finance, University of Southern Queensland

Christian Gunther

Senior Trader and Vice President Non-US Equity Focus


Previous Employment: Plog Research

Education: BA, Loyola Marymount University

Joe Hohn

Portfolio Manager US Equity Focus


Previous Employment: The Boeing Company, Northrop Grumman

Education: MBA, University of California, Los Angeles; MS, University of Southern California; BS, Iowa State University

Alan R. Hutchison

Portfolio Manager and Vice President Fixed Income and Commodities


Previous Employment: Principal Global Investors

Education: MBA, Drake University; BBA, Texas Tech University

David M. Kershner

Portfolio Manager and Vice President US Equity Focus


Previous Employment: Boeing Satellite Systems

Education: MBA, University of California, Los Angeles; MS, BS, Pennsylvania State University

Didier Haenecour, CFA



Previous Employment: Vanguard; Northern Trust Asset Management, Prudential M&G

Education: University Degree in Applied Economics/Finance, HEC Saint Louis, Brussels; MS (Finance/Investment), South Bank University, London

Kotaro Hama, CFA, FRM

Portfolio Manager and Vice President International Equity Focus


Previous Employment: Morgan Stanley

Education: MBA, University of Chicago Booth School of Business; MEng, Tokyo Institute of Technology; BA, International Christian University

John Hertzer, CFA



Previous Employment: Fisher Investments

Education: MBA, University of California, Los Angeles; BA, Dartmouth College

Investment Staff

45 As of July 5, 2017.

#17625-1011

SC: PC07

Arun Keswani, CFA

Senior Portfolio Manager Non-US Equity Focus


Previous Employment: Morgan Stanley, ING Investment Management, Goldman Sachs Asset Management

Education: MBA, MIT Sloan School of Management, MS Pennsylvania State University, BS Purdue University

Joel Kim

Senior Portfolio Manager Fixed Income Focus

19 Years of Investment Experience 1st Year with Firm

Previous Employment: BlackRock, ING Investment Management

Education: MS, University of Amsterdam

Nathan Lacaze, CFA



Education: BE and BComm, University of Sydney

David LaRusso

Senior Trader and Vice President Fixed Income Focus


Education: MBA, Marshall School of Business at the University of Southern California; BS, California Polytechnic State University, San Luis Obispo

Richard Mar

Senior Trader Non-US Equity Focus


Previous Employment: Symtx

Education: BA, SUNY Binghamton

Travis Meldau



Previous Employment: Wells Capital Management

Education: MBA, Wake Forest University; BSBA, Appalachian State University

Rob Ness



Previous Employment: The Cooperative Research Center for Advanced Composite Structures

Education: Master of Commerce (actuarial studies), University of New South Wales; Bachelor of Engineering, Sydney University

Pamela Noble, CFA



Previous Employment: USAA Investment Management Company

Education: MBA, Neeley School of Business at Texas Christian University; BS, Louisiana Tech University

Investment Staff

46

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SC: PC07

Christopher Rink

Senior Trader US Equity Focus


Previous Employment: JonesTrading LLC

Education: BA, University of California, Davis

Joel Schneider

Senior Portfolio Manager and Vice President Global Equity Focus


Previous Employment: ZS Associates, Lockheed Martin

Education: MBA, University of Chicago Booth School of Business; MS, University of Minnesota; BS, Iowa State University

David Shao, CFA

Portfolio Manager Fixed Income Focus


Previous Employment: Graduate Student at Department of Mathematics at UCLA

Education: MA, University of California, Los Angeles; BS, Columbia University

Daniel C. Ong, CFA



Previous Employment: Metropolitan West Asset Management

Education: MBA, University of Chicago Booth School of Business; BA, University of California, Irvine

Allen Pu, PhD, CFA



Previous Employment: California Institute of Technology, Mellon Ventures

Education: PhD, MS, California Institute of Technology; MBA, University of California, Los Angeles; BS, The Cooper Union

Bhanu Singh

Head of Asia Pacific Portfolio Management, Senior Portfolio Manager, and Vice President


Education: MBA, University of Chicago Booth School of Business; BA, University of California, Los Angeles

Lukas Smart, CFA

Senior Portfolio Manager and Vice President US Equity Focus


Previous Employment: Bank of America, Ibbotson Associates

Education: MBA, University of Chicago Booth School of Business; BS, University of San Diego

Grady M. Smith, CFA

Senior Portfolio Manager and Vice President Global Equity Focus


Previous Employment: William M. Mercer, Incorporated

Education: MBA, University of California, Los Angeles; BA, Stanford University

As of July 5, 2017.

Investment Staff

47 As of July 5, 2017.

SC: PC07

#17625-1011

Althea Trevor



Previous Employment: Astor Asset Management

Education: MBA, BA, University of Chicago Booth School of Business

Scott Van Pelt

Senior Trader Global Equity Focus


Education: MS, London Business School; BA, BS, University of Texas at Austin

Brian J. Walsh

Portfolio Manager and Vice President US Equity Focus


Previous Employment: Merrill Lynch

Education: MBA, University of Southern California; BA, University of California, Berkeley

Adam Ward, CFA



Previous Employment: AXA Rosenberg

Education: BComm, University of Queensland

Polly Weiss, CFA, FRM

Senior Trader Fixed Income Focus


Previous Employment: State Street Global Advisors, State Street

Education: AB, Vassar College

Jim Whittington



Previous Employment: JP Morgan Chase, Merrill Lynch, ABN AMRO Bank NV

Education: MBA, China Europe International Business School; BA, University of Oxford

Gillian Wilson



Previous Employment: The Hills Grammar School; Macquarie Bank; Bankers Trust

Education: Master of Economics, Macquarie University; Graduate Diploma in Education, Macquarie University; Bachelor of Business (Finance/Economics), Charles Sturt University

Craig Wright



Previous Employment: State Street Global Advisors

Education: Master of Finance, University of New South Wales; Bachelor of Business, University of Technology, Sydney

1. Turnover is for the fiscal year ending October 31, 2016


Characteristics As of June 30, 2017

48

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GLOBAL REAL ESTATE


CHARACTERISTICS

Turnover1 Less than 5.00%

Tracking Error (3 YR Annualized) (%) 2.36

Standard Deviation (3 YR) (%) 12.70

R2 (3 YR) 0.97

Beta (3 YR) 1.03

Alpha (3 YR) 1.77

Sharpe Ratio (3 YR) 0.42

Information Ratio (3 YR) 0.80

Jensen's Alpha (3 YR) 1.78

Treynor Ratio (3 YR) (%) 1.84

Holdings are subject to change. Numbers may not total 100% due to rounding. Sectors defined by MSCI. Benchmark data source: FTSE NAREIT. The prospectus benchmark for the DFA Global Real Estate Securities Portfolio is the S&P

Global REIT Index.

Portfolio Holdings Global Real Estate Securities Portfolio, as of June 30, 2017

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Country Percent of Portfolio Benchmark Weight Sector

SIMON PROPERTY GROUP INC United States 3.89% 3.54% Retail REITs

EQUINIX INC United States 2.46% 0.00% Specialized REITs

PROLOGIS INC United States 2.32% 2.17% Industrial REITs

PUBLIC STORAGE United States 2.30% 2.17% Specialized REITs

UNIBAIL0.00%RODAMCO SE Netherlands 2.10% 1.76% Retail REITs

WELLTOWER INC United States 2.03% 1.93% Health Care REITs

AVALONBAY COMMUNITIES INC United States 1.98% 1.86% Residential REITs

VENTAS INC United States 1.84% 1.73% Health Care REITs

EQUITY RESIDENTIAL United States 1.81% 1.65% Residential REITs

BOSTON PROPERTIES INC United States 1.43% 1.33% Office REITs

AMERICAN TOWER CORP United States 1.40% 0.00% Specialized REITs

SCENTRE GROUP Australia 1.38% 1.12% Retail REITs

LINK REIT Hong Kong 1.37% 1.19% Retail REITs

DIGITAL REALTY TRUST INC United States 1.35% 1.27% Specialized REITs

ESSEX PROPERTY TRUST INC United States 1.27% 1.18% Residential REITs

VORNADO REALTY TRUST United States 1.20% 1.14% Office REITs

HCP INC United States 1.12% 1.05% Health Care REITs

REALTY INCOME CORP United States 1.11% 1.06% Retail REITs

WESTFIELD CORP Australia 1.05% 0.83% Retail REITs

HOST HOTELS & RESORTS INC United States 1.02% 0.94% Hotel & Resort REITs

GGP INC United States 1.01% 1.02% Retail REITs

GOODMAN GROUP Australia 0.94% 0.75% Industrial REITs

LAND SECURITIES GROUP PLC United Kingdom 0.92% 0.71% Diversified REITs

MID0.00%AMERICA APARTMENT COMM United States 0.91% 0.84% Residential REITs

ALEXANDRIA REAL ESTATE EQUIT United States 0.81% 0.76% Office REITs

SL GREEN REALTY CORP United States 0.81% 0.74% Office REITs

CROWN CASTLE INTL CORP United States 0.79% 0.00% Specialized REITs

UDR INC United States 0.78% 0.73% Residential REITs

KLEPIERRE France 0.77% 0.59% Retail REITs

REGENCY CENTERS CORP United States 0.75% 0.66% Retail REITs

EXTRA SPACE STORAGE INC United States 0.75% 0.67% Specialized REITs


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DUKE REALTY CORP United States 0.75% 0.70% Industrial REITs

STOCKLAND Australia 0.71% 0.57% Diversified REITs

BRITISH LAND CO PLC United Kingdom 0.70% 0.57% Retail REITs

FEDERAL REALTY INVS TRUST United States 0.69% 0.64% Retail REITs

IRON MOUNTAIN INC United States 0.65% 0.00% Specialized REITs

DEXUS Australia 0.65% 0.52% Office REITs

SBA COMMUNICATIONS CORP United States 0.62% 0.00% Specialized REITs

NIPPON BUILDING FUND INC Japan 0.61% 0.46% Office REITs

VEREIT INC United States 0.60% 0.56% Diversified REITs

KIMCO REALTY CORP United States 0.59% 0.53% Retail REITs

MACERICH CO/THE United States 0.59% 0.56% Retail REITs

VICINITY CENTRES Australia 0.58% 0.46% Retail REITs

GPT GROUP Australia 0.58% 0.47% Diversified REITs

SEGRO PLC United Kingdom 0.58% 0.45% Industrial REITs

CAMDEN PROPERTY TRUST United States 0.57% 0.52% Residential REITs

GAMING AND LEISURE PROPERTIE United States 0.57% 0.52% Specialized REITs

KILROY REALTY CORP United States 0.56% 0.51% Office REITs

HAMMERSON PLC United Kingdom 0.55% 0.42% Retail REITs

JAPAN REAL ESTATE INVESTMENT Japan 0.55% 0.43% Office REITs

EQUITY LIFESTYLE PROPERTIES United States 0.54% 0.49% Residential REITs

GECINA SA France 0.53% 0.44% Diversified REITs

WP CAREY INC United States 0.51% 0.49% Diversified REITs

APARTMENT INVT & MGMT CO 0.00%A United States 0.51% 0.47% Residential REITs

AMERICAN CAMPUS COMMUNITIES United States 0.50% 0.44% Residential REITs

SUN COMMUNITIES INC United States 0.50% 0.46% Residential REITs

OMEGA HEALTHCARE INVESTORS United States 0.49% 0.45% Health Care REITs

LIBERTY PROPERTY TRUST United States 0.49% 0.42% Diversified REITs

NOMURA REAL ESTATE MASTER FU Japan 0.46% 0.38% Diversified REITs

NATIONAL RETAIL PROPERTIES United States 0.44% 0.41% Retail REITs

FOREST CITY REALTY TRUST0.00% A United States 0.44% 0.41% Diversified REITs

HEALTHCARE TRUST OF AME0.00%CL A United States 0.43% 0.41% Health Care REITs


Global REIT Index.


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DOUGLAS EMMETT INC United States 0.42% 0.39% Office REITs

JAPAN RETAIL FUND INVESTMENT Japan 0.42% 0.35% Retail REITs

FIBRA UNO ADMINISTRACION SA Mexico 0.42% 0.00% Diversified REITs

BRIXMOR PROPERTY GROUP INC United States 0.41% 0.38% Retail REITs

HUDSON PACIFIC PROPERTIES IN United States 0.41% 0.38% Office REITs

ASCENDAS REAL ESTATE INV TRT Singapore 0.40% 0.32% Industrial REITs

HIGHWOODS PROPERTIES INC United States 0.40% 0.36% Office REITs

AMERICAN HOMES 4 RENT0.00% A United States 0.39% 0.36% Residential REITs

MERLIN PROPERTIES SOCIMI SA Spain 0.38% 0.30% Diversified REITs

DCT INDUSTRIAL TRUST INC United States 0.38% 0.35% Industrial REITs

SENIOR HOUSING PROP TRUST United States 0.37% 0.34% Health Care REITs

EPR PROPERTIES United States 0.37% 0.32% Specialized REITs

UNITED URBAN INVESTMENT CORP Japan 0.37% 0.29% Diversified REITs

HOSPITALITY PROPERTIES TRUST United States 0.37% 0.33% Hotel & Resort REITs

DUPONT FABROS TECHNOLOGY United States 0.36% 0.33% Specialized REITs

GROWTHPOINT PROPERTIES LTD South Africa 0.35% 0.00% Diversified REITs

REDEFINE PROPERTIES LTD South Africa 0.35% 0.00% Diversified REITs

MEDICAL PROPERTIES TRUST INC United States 0.35% 0.33% Health Care REITs

DERWENT LONDON PLC United Kingdom 0.34% 0.24% Office REITs

GRAMERCY PROPERTY TRUST United States 0.34% 0.31% Diversified REITs

CUBESMART United States 0.33% 0.30% Specialized REITs

CYRUSONE INC United States 0.33% 0.00% Specialized REITs

ORIX JREIT INC Japan 0.32% 0.27% Office REITs

CAPITALAND MALL TRUST Singapore 0.31% 0.23% Retail REITs

INTU PROPERTIES PLC United Kingdom 0.31% 0.22% Retail REITs

SHAFTESBURY PLC United Kingdom 0.31% 0.20% Retail REITs

HEALTHCARE REALTY TRUST INC United States 0.30% 0.28% Health Care REITs

APPLE HOSPITALITY REIT INC United States 0.30% 0.28% Hotel & Resort REITs

STORE CAPITAL CORP United States 0.29% 0.27% Diversified REITs

ADVANCE RESIDENCE INVESTMENT Japan 0.29% 0.22% Residential REITs

EQUITY COMMONWEALTH United States 0.29% 0.27% Office REITs


Global REIT Index.


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TAUBMAN CENTERS INC United States 0.29% 0.25% Retail REITs

SUNTEC REIT Singapore 0.29% 0.23% Diversified REITs

WEINGARTEN REALTY INVESTORS United States 0.29% 0.25% Retail REITs

SPIRIT REALTY CAPITAL INC United States 0.28% 0.25% Diversified REITs

FONCIERE DES REGIONS France 0.28% 0.26% Diversified REITs

ICADE France 0.28% 0.21% Diversified REITs

DAIWA HOUSE REIT INVESTMENT Japan 0.27% 0.25% Diversified REITs

SUNSTONE HOTEL INVESTORS INC United States 0.27% 0.25% Hotel & Resort REITs

CORESITE REALTY CORP United States 0.27% 0.00% Specialized REITs

COUSINS PROPERTIES INC United States 0.27% 0.26% Diversified REITs

CORPORATE OFFICE PROPERTIES United States 0.27% 0.24% Office REITs

LIFE STORAGE INC United States 0.26% 0.24% Specialized REITs

LASALLE HOTEL PROPERTIES United States 0.26% 0.24% Hotel & Resort REITs

FIRST INDUSTRIAL REALTY TR United States 0.26% 0.23% Industrial REITs

PARK HOTELS & RESORTS INC United States 0.26% 0.24% Hotel & Resort REITs

RIOCAN REAL ESTATE INVST TR Canada 0.25% 0.42% Retail REITs

COLONY STARWOOD HOMES United States 0.25% 0.27% Residential REITs

JAPAN PRIME REALTY INVESTMEN Japan 0.25% 0.21% Office REITs

PIEDMONT OFFICE REALTY TRU0.00%A United States 0.25% 0.21% Office REITs

JAPAN HOTEL REIT INVESTMENT Japan 0.25% 0.19% Hotel & Resort REITs

NATL HEALTH INVESTORS INC United States 0.25% 0.22% Health Care REITs

BRANDYWINE REALTY TRUST United States 0.24% 0.21% Office REITs

CAPITALAND COMMERCIAL TRUST Singapore 0.24% 0.16% Office REITs

GREAT PORTLAND ESTATES PLC United Kingdom 0.24% 0.18% Office REITs

PHYSICIANS REALTY TRUST United States 0.24% 0.22% Health Care REITs

EMPIRE STATE REALTY TRUST0.00%A United States 0.23% 0.19% Diversified REITs

COFINIMMO Belgium 0.23% 0.18% Diversified REITs

PARAMOUNT GROUP INC United States 0.23% 0.22% Office REITs

RYMAN HOSPITALITY PROPERTIES United States 0.23% 0.20% Hotel & Resort REITs

WERELDHAVE NV Netherlands 0.22% 0.14% Retail REITs

GLP J0.00%REIT Japan 0.22% 0.18% Industrial REITs


Global REIT Index.


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EDUCATION REALTY TRUST INC United States 0.22% 0.20% Residential REITs

RETAIL PROPERTIES OF AME 0.00% A United States 0.22% 0.20% Retail REITs

EASTGROUP PROPERTIES INC United States 0.22% 0.19% Industrial REITs

H&R REAL ESTATE INV0.00%REIT UTS Canada 0.22% 0.34% Diversified REITs

RESILIENT REIT LTD South Africa 0.21% 0.00% Retail REITs

DDR CORP United States 0.21% 0.20% Retail REITs

KENEDIX OFFICE INVESTMENT CO Japan 0.21% 0.13% Diversified REITs

PS BUSINESS PARKS INC/CA United States 0.21% 0.18% Diversified REITs

NIPPON PROLOGIS REIT INC Japan 0.20% 0.25% Industrial REITs

COLUMBIA PROPERTY TRUST INC United States 0.20% 0.19% Office REITs

MAPLETREE COMMERCIAL TRUST Singapore 0.20% 0.16% Retail REITs

RLJ LODGING TRUST United States 0.19% 0.17% Hotel & Resort REITs

QTS REALTY TRUST INC0.00%CL A United States 0.19% 0.17% Specialized REITs

TANGER FACTORY OUTLET CENTER United States 0.19% 0.17% Retail REITs

URBAN EDGE PROPERTIES United States 0.19% 0.16% Retail REITs

WASHINGTON REIT United States 0.19% 0.17% Diversified REITs

INVESTA OFFICE FUND Australia 0.18% 0.13% Office REITs

MACK0.00%CALI REALTY CORP United States 0.18% 0.17% Office REITs

PEBBLEBROOK HOTEL TRUST United States 0.18% 0.16% Hotel & Resort REITs

HYPROP INVESTMENTS LTD South Africa 0.18% 0.00% Retail REITs

ACADIA REALTY TRUST United States 0.18% 0.16% Retail REITs

STAG INDUSTRIAL INC United States 0.18% 0.17% Industrial REITs

CARE CAPITAL PROPERTIES INC United States 0.18% 0.16% Health Care REITs

FRONTIER REAL ESTATE INVEST Japan 0.17% 0.13% Retail REITs

CHARTER HALL GROUP Australia 0.17% 0.00% Diversified REITs

DIAMONDROCK HOSPITALITY CO United States 0.17% 0.15% Hotel & Resort REITs

MORI HILLS REIT INVESTMENT C Japan 0.17% 0.12% Office REITs

JAPAN LOGISTICS FUND INC Japan 0.17% 0.12% Industrial REITs

NIPPON ACCOMMODATIONS FUND Japan 0.17% 0.13% Residential REITs

MAPLETREE INDUSTRIAL TRUST Singapore 0.17% 0.12% Industrial REITs

LEXINGTON REALTY TRUST United States 0.17% 0.16% Diversified REITs


Global REIT Index.


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RETAIL OPPORTUNITY INVESTMEN United States 0.16% 0.15% Retail REITs

MORI TRUST SOGO REIT INC Japan 0.16% 0.11% Office REITs

WAREHOUSES DE PAUW SCA Belgium 0.16% 0.12% Industrial REITs

ALSTRIA OFFICE REIT0.00%AG Germany 0.16% 0.13% Office REITs

XENIA HOTELS & RESORTS INC United States 0.16% 0.15% Hotel & Resort REITs

LTC PROPERTIES INC United States 0.16% 0.14% Health Care REITs

ACTIVIA PROPERTIES INC Japan 0.16% 0.18% Diversified REITs

CAN APARTMENT PROP REAL ESTA Canada 0.16% 0.25% Residential REITs

INDUSTRIAL & INFRASTRUCTURE Japan 0.15% 0.12% Industrial REITs

SMART REAL ESTATE INVESTMENT Canada 0.15% 0.20% Retail REITs

KEPPEL REIT Singapore 0.14% 0.11% Office REITs

SUMMIT HOTEL PROPERTIES INC United States 0.14% 0.13% Hotel & Resort REITs

REXFORD INDUSTRIAL REALTY IN United States 0.14% 0.13% Industrial REITs

EUROCOMMERCIAL PROPERTIE0.00%CV Netherlands 0.14% 0.13% Retail REITs

DAIWA OFFICE INVESTMENT CORP Japan 0.14% 0.10% Office REITs

EMLAK KONUT GAYRIMENKUL YATI Turkey 0.14% 0.00% Residential REITs

MAPLETREE LOGISTICS TRUST Singapore 0.13% 0.09% Industrial REITs

JAPAN EXCELLENT INC Japan 0.13% 0.09% Office REITs

QUALITY CARE PROPERTIES United States 0.13% 0.12% Health Care REITs

FORTUNE REIT Hong Kong 0.13% 0.12% Retail REITs

BIG YELLOW GROUP PLC United Kingdom 0.13% 0.11% Specialized REITs

LONDONMETRIC PROPERTY PLC United Kingdom 0.13% 0.10% Diversified REITs

INVINCIBLE INVESTMENT CORP Japan 0.13% 0.09% Residential REITs

BEFIMMO Belgium 0.13% 0.08% Office REITs

CHAMPION REIT Hong Kong 0.13% 0.09% Office REITs

TERRENO REALTY CORP United States 0.13% 0.12% Industrial REITs

SELECT INCOME REIT United States 0.12% 0.11% Diversified REITs

PREMIER INVESTMENT CORP Japan 0.12% 0.09% Diversified REITs

KITE REALTY GROUP TRUST United States 0.12% 0.11% Retail REITs

SABRA HEALTH CARE REIT INC United States 0.12% 0.11% Health Care REITs

SHOPPING CENTRES AUSTRALASIA Australia 0.12% 0.09% Retail REITs


Global REIT Index.


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WASHINGTON PRIME GROUP INC United States 0.12% 0.11% Retail REITs

CAN REAL ESTATE INVEST TRUST Canada 0.12% 0.18% Diversified REITs

AEDIFICA Belgium 0.12% 0.11% Health Care REITs

JAPAN RENTAL HOUSING INVESTM Japan 0.12% 0.08% Residential REITs

TOKYU REIT INC Japan 0.12% 0.08% Diversified REITs

KIWI PROPERTY GROUP LTD New Zealand 0.12% 0.10% Retail REITs

MACQUARIE MEXICO REAL ESTATE Mexico 0.11% 0.00% Industrial REITs

WORKSPACE GROUP PLC United Kingdom 0.11% 0.10% Office REITs

CHESAPEAKE LODGING TRUST United States 0.11% 0.10% Hotel & Resort REITs

CBL & ASSOCIATES PROPERTIES United States 0.11% 0.10% Retail REITs

SEKISUI HOUSE RESIDENTIAL IN Japan 0.11% 0.08% Diversified REITs

MONOGRAM RESIDENTIAL TRUST I United States 0.11% 0.11% Residential REITs

ALLIED PROPERTIES REAL ESTAT Canada 0.11% 0.18% Office REITs

FOUR CORNERS PROPERTY TRUST United States 0.11% 0.11% Specialized REITs

HANSTEEN HOLDINGS PLC United Kingdom 0.11% 0.08% Industrial REITs

MERCIALYS France 0.11% 0.06% Retail REITs

AMERICAN ASSETS TRUST INC United States 0.11% 0.11% Diversified REITs

BWP TRUST Australia 0.10% 0.08% Industrial REITs

GOVERNMENT PROPERTIES INCOME United States 0.10% 0.09% Office REITs

FUKUOKA REIT CORP Japan 0.10% 0.07% Retail REITs

MIRVAC GROUP Australia 0.10% 0.43% Diversified REITs

PLA ADMINISTRADORA INDUSTRIA Mexico 0.10% 0.00% Industrial REITs

CARETRUST REIT INC United States 0.10% 0.09% Health Care REITs

SAFESTORE HOLDINGS PLC United Kingdom 0.10% 0.08% Specialized REITs

CHARTER HALL RETAIL REIT Australia 0.10% 0.07% Retail REITs

ASCOTT RESIDENCE TRUST Singapore 0.10% 0.00% Residential REITs

AGREE REALTY CORP United States 0.09% 0.08% Retail REITs

FRASERS CENTREPOINT TRUST Singapore 0.09% 0.00% Retail REITs

KENEDIX RESIDENTIAL INVESTME Japan 0.09% 0.00% Residential REITs

HAMBORNER REIT AG Germany 0.09% 0.05% Diversified REITs

CDL HOSPITALITY TRUSTS Singapore 0.09% 0.05% Hotel & Resort REITs


Global REIT Index.


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FRANKLIN STREET PROPERTIES C United States 0.09% 0.08% Office REITs

ALEXANDER'S INC United States 0.09% 0.06% Retail REITs

YUEXIU REAL ESTATE INVESTMEN China 0.09% 0.00% Diversified REITs

GRANITE REAL ESTATE INVESTME Canada 0.09% 0.13% Industrial REITs

UNITI GROUP INC United States 0.09% 0.00% Specialized REITs

CROMWELL PROPERTY GROUP Australia 0.08% 0.08% Office REITs

COMFORIA RESIDENTIAL REIT IN Japan 0.08% 0.00% Residential REITs

RAMCO0.00%GERSHENSON PROPERTIES United States 0.08% 0.07% Retail REITs

BENI STABILI SPA Italy 0.08% 0.05% Office REITs

PURE INDUSTRIAL REAL ESTATE Canada 0.08% 0.10% Industrial REITs

VASTNED RETAIL NV Netherlands 0.08% 0.06% Retail REITs

PARKWAY INC United States 0.08% 0.07% Office REITs

MCUBS MIDCITY INVESTMENT COR Japan 0.08% 0.00% Office REITs

BOARDWALK REAL ESTATE INVEST Canada 0.08% 0.10% Residential REITs

ABACUS PROPERTY GROUP Australia 0.08% 0.00% Diversified REITs

AEON REIT INVESTMENT CORP Japan 0.08% 0.11% Retail REITs

NATIONAL STORAGE AFFILIATES United States 0.08% 0.07% Specialized REITs

STARHILL GLOBAL REIT Singapore 0.08% 0.00% Retail REITs

COMINAR REAL ESTATE INV0.00%TR U Canada 0.07% 0.13% Diversified REITs

ICHIGO OFFICE REIT INVESTMEN Japan 0.07% 0.00% Office REITs

SA CORPORATE REAL ESTATE LTD South Africa 0.07% 0.00% Diversified REITs

FELCOR LODGING TRUST INC United States 0.07% 0.06% Hotel & Resort REITs

DREAM OFFICE REAL ESTATE INV Canada 0.07% 0.11% Office REITs

MONMOUTH REAL ESTATE INV COR United States 0.07% 0.07% Industrial REITs

ARTIS REAL ESTATE INVESTMENT Canada 0.07% 0.11% Diversified REITs

CAPITALAND RETAIL CHINA TRUS Singapore 0.07% 0.00% Retail REITs

LAMAR ADVERTISING CO0.00%A United States 0.07% 0.00% Specialized REITs

GLOBAL ONE REIT Japan 0.07% 0.00% Office REITs

GOODMAN PROPERTY TRUST New Zealand 0.07% 0.00% Diversified REITs

UNIVERSAL HEALTH RLTY INCOME United States 0.07% 0.07% Health Care REITs

PARKWAYLIFE REAL ESTATE Singapore 0.07% 0.00% Health Care REITs


Global REIT Index.


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HEIWA REAL ESTATE REIT INC Japan 0.07% 0.00% Diversified REITs

DREAM GLOBAL REAL ESTATE INV Canada 0.07% 0.08% Diversified REITs

KENEDIX RETAIL REIT CORP Japan 0.07% 0.07% Retail REITs

GLOBAL NET LEASE INC United States 0.06% 0.10% Diversified REITs

FRASERS COMMERCIAL TRUST Singapore 0.06% 0.00% Office REITs

HERSHA HOSPITALITY TRUST United States 0.06% 0.05% Hotel & Resort REITs

MAPLETREE GREATER CHINA COMM Singapore 0.06% 0.00% Diversified REITs

HANKYU REIT INC Japan 0.06% 0.00% Diversified REITs

PENN REAL ESTATE INVEST TST United States 0.06% 0.05% Retail REITs

NEW SENIOR INVESTMENT GROUP United States 0.06% 0.06% Health Care REITs

CHATHAM LODGING TRUST United States 0.06% 0.05% Hotel & Resort REITs

INVESTORS REAL ESTATE TRUST United States 0.06% 0.05% Diversified REITs

CACHE LOGISTICS TRUST Singapore 0.06% 0.00% Industrial REITs

EMIRA PROPERTY FUND LTD South Africa 0.06% 0.00% Diversified REITs

VUKILE PROPERTY FUND LTD South Africa 0.06% 0.00% Diversified REITs

SUNLIGHT REAL ESTATE INVEST Hong Kong 0.05% 0.00% Diversified REITs

GETTY REALTY CORP United States 0.05% 0.05% Retail REITs

SAUL CENTERS INC United States 0.05% 0.05% Retail REITs

FIRST POTOMAC REALTY TRUST United States 0.05% 0.05% Diversified REITs

PRIMARY HEALTH PROPERTIES United Kingdom 0.05% 0.06% Health Care REITs

SUNWAY REAL ESTATE INVESTMEN Malaysia 0.05% 0.00% Retail REITs

SEKISUI HOUSE REIT INC Japan 0.05% 0.07% Diversified REITs

OUTFRONT MEDIA INC United States 0.05% 0.00% Specialized REITs

ASHFORD HOSPITALITY TRUST United States 0.05% 0.03% Hotel & Resort REITs

NORTHVIEW APARTMENT REAL EST Canada 0.05% 0.06% Residential REITs

CROMBIE REAL ESTATE INVESTME Canada 0.05% 0.07% Retail REITs

KLCCP STAPLED GROUP Malaysia 0.05% 0.00% Diversified REITs

NIPPON REIT INVESTMENT CORP Japan 0.05% 0.00% Diversified REITs

ARGOSY PROPERTY LTD New Zealand 0.05% 0.00% Diversified REITs

PROSPERITY REIT Hong Kong 0.04% 0.00% Office REITs

EASTERLY GOVERNMENT PROPERTI United States 0.04% 0.00% Office REITs


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NSI NV Netherlands 0.04% 0.04% Diversified REITs

NORTHWEST HEALTHCARE PROPERT Canada 0.04% 0.00% Health Care REITs

IGB REAL ESTATE INVESTMENT T Malaysia 0.04% 0.00% Retail REITs

URSTADT BIDDLE 0.00% CLASS A United States 0.04% 0.04% Retail REITs

NORTHSTAR REALTY EUROPE CORP United States 0.04% 0.00% Office REITs

ESR REIT Singapore 0.04% 0.00% Industrial REITs

PRECINCT PROPERTIES NEW ZEAL New Zealand 0.04% 0.00% Office REITs

GLADSTONE COMMERCIAL CORP United States 0.04% 0.00% Diversified REITs

INDEPENDENCE REALTY TRUST IN United States 0.04% 0.00% Residential REITs

UNITE GROUP PLC United Kingdom 0.04% 0.13% Residential REITs

AIMS AMP CAPITAL INDUSTRIAL Singapore 0.04% 0.00% Industrial REITs

FIRST REAL ESTATE INVT TRUST Singapore 0.04% 0.00% Health Care REITs

LIPPO MALLS INDONESIA RETAIL Singapore 0.04% 0.00% Retail REITs

IMMOBILIARE GRANDE DISTRIBUZ Italy 0.04% 0.00% Retail REITs

CATHAY NO 1 REIT Taiwan 0.04% 0.00% Diversified REITs

CAPITALAND MALAYSIA MALL TRU Malaysia 0.03% 0.00% Retail REITs

UMH PROPERTIES INC United States 0.03% 0.00% Residential REITs

VITAL HEALTHCARE PROPERTY TR New Zealand 0.03% 0.00% Health Care REITs

WHITESTONE REIT United States 0.03% 0.00% Diversified REITs

HOSHINO RESORTS REIT INC Japan 0.03% 0.00% Hotel & Resort REITs

RETAIL ESTATES Belgium 0.03% 0.03% Retail REITs

GROWTHPOINT PROPERTIES AUSTR Australia 0.03% 0.00% Diversified REITs

ALE PROPERTY GROUP Australia 0.03% 0.00% Specialized REITs

KEPPEL DC REIT Singapore 0.03% 0.00% Specialized REITs

CEDAR REALTY TRUST INC United States 0.03% 0.03% Retail REITs

ASSURA PLC United Kingdom 0.03% 0.10% Health Care REITs

REDEFINE INTERNATIONAL PLC United Kingdom 0.03% 0.04% Diversified REITs

MGM GROWTH PROPERTIES LLC0.00%A United States 0.03% 0.00% Hotel & Resort REITs

MORGUARD REAL ESTATE0.00%TR UTS Canada 0.03% 0.00% Diversified REITs

KILLAM APARTMENT REAL ESTATE Canada 0.03% 0.05% Residential REITs

FOLKESTONE EDUCATION TRUST Australia 0.03% 0.00% Specialized REITs


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INGENIA COMMUNITIES GROUP Australia 0.03% 0.00% Residential REITs

INTERVEST OFFICES&WAREHOUSES Belgium 0.03% 0.03% Office REITs

STARTS PROCEED INVESTMENT CO Japan 0.02% 0.00% Residential REITs

PROLOGIS PROPERTY MEXICO SA Mexico 0.02% 0.00% Industrial REITs

NATIONAL STORAGE REIT Australia 0.02% 0.00% Specialized REITs

HIBERNIA REIT PLC Ireland 0.02% 0.08% Diversified REITs

TRITAX BIG BOX REIT PLC United Kingdom 0.02% 0.18% Industrial REITs

GREEN REIT PLC Ireland 0.02% 0.08% Office REITs

ASHFORD HOSPITALITY PRIME IN United States 0.02% 0.00% Hotel & Resort REITs

ONE LIBERTY PROPERTIES INC United States 0.02% 0.00% Diversified REITs

IS GAYRIMENKUL YATIRIM ORTAK Turkey 0.02% 0.00% Diversified REITs

HISPANIA ACTIVOS INMOBILIARI Spain 0.02% 0.10% Diversified REITs

INTERRENT REAL ESTATE INVEST Canada 0.02% 0.00% Residential REITs

SABANA SHARIAH COMP IND REIT Singapore 0.02% 0.00% Industrial REITs

BLUEROCK RESIDENTIAL GROWTH United States 0.02% 0.00% Residential REITs

NEXPOINT RESIDENTIAL United States 0.02% 0.00% Residential REITs

INVESCO OFFICE J0.00%REIT INC Japan 0.02% 0.00% Office REITs

ALTAREA France 0.02% 0.00% Retail REITs

HULIC REIT INC Japan 0.02% 0.10% Diversified REITs

REGAL REAL ESTATE INVESTMENT Hong Kong 0.02% 0.00% Hotel & Resort REITs

MORGUARD NORTH AMERICAN RESI Canada 0.02% 0.00% Residential REITs

SLATE OFFICE REIT Canada 0.02% 0.00% Diversified REITs

REBOSIS PROPERTY FUND LTD South Africa 0.02% 0.00% Diversified REITs

WERELDHAVE BELGIUM NV Belgium 0.02% 0.00% Retail REITs

CITY OFFICE REIT INC United States 0.02% 0.00% Office REITs

AXIS REAL ESTATE INVESTMENT Malaysia 0.02% 0.00% Diversified REITs

FAR EAST HOSPITALITY TRUST Singapore 0.02% 0.00% Hotel & Resort REITs

SHIN KONG NO 1 REIT Taiwan 0.02% 0.00% Diversified REITs

CONCENTRADORA FIBRA DANHOS S Mexico 0.02% 0.00% Diversified REITs

SERITAGE GROWTH PROP0.00% A REIT United States 0.02% 0.07% Retail REITs

SPRING REAL ESTATE INVESTMEN China 0.02% 0.00% Office REITs


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ASESOR DE ACTIVOS PRISMA SAP Mexico 0.02% 0.00% Hotel & Resort REITs

TORUNLAR GAYRIMENKUL YATIRIM Turkey 0.02% 0.00% Diversified REITs

LEASINVEST REAL ESTATE SCA Belgium 0.02% 0.00% Office REITs

ASTRO JAPAN PROPERTY GROUP Australia 0.02% 0.00% Diversified REITs

CONCENTRADORA FIBRA HOTELERA Mexico 0.02% 0.00% Hotel & Resort REITs

BROOKFIELD CANADA OFFICE PRO Canada 0.01% 0.00% Office REITs

MUCKLOW ( A & J ) GROUP PLC United Kingdom 0.01% 0.00% Industrial REITs

ARROWHEAD PROPERTIES LTD South Africa 0.01% 0.00% Diversified REITs

PROPERTY FOR INDUSTRY LTD New Zealand 0.01% 0.00% Industrial REITs

DREAM INDUSTRIAL REAL ESTATE Canada 0.01% 0.00% Industrial REITs

CATHAY NO 2 REIT Taiwan 0.01% 0.00% Office REITs

ASCENDAS HOSPITALITY TRUST Singapore 0.01% 0.00% Hotel & Resort REITs

STRIDE PROPERTY GROUP New Zealand 0.01% 0.00% Diversified REITs

ONEREIT Canada 0.01% 0.00% Retail REITs

OUE HOSPITALITY TRUST Singapore 0.01% 0.00% Hotel & Resort REITs

IRISH RESIDENTIAL PROPERTIES Ireland 0.01% 0.04% Residential REITs

FUBON NO 2 REIT Taiwan 0.01% 0.00% Office REITs

SPH REIT Singapore 0.01% 0.00% Retail REITs

NEWRIVER REIT PLC United Kingdom 0.01% 0.08% Retail REITs

CENTURIA INDUSTRIAL REIT Australia 0.01% 0.00% Industrial REITs

ONE REIT INC Japan 0.01% 0.00% Office REITs

ANF IMMOBILIER France 0.01% 0.00% Diversified REITs

ALARKO GAYRIMENKUL YATIRIM Turkey 0.01% 0.00% Diversified REITs

BTB REAL ESTATE INVESTMENT T Canada 0.01% 0.00% Diversified REITs

SOILBUILD BUSINESS SPACE REI Singapore 0.01% 0.00% Diversified REITs

CHOICE PROPERTIES REIT Canada 0.01% 0.00% Retail REITs

INVESTEC PROPERTY FUND LTD South Africa 0.01% 0.00% Diversified REITs

NUROL GAYRIMENKUL YO AS Turkey 0.01% 0.00% Diversified REITs

GRIVALIA PROPERTIES REIC Greece 0.01% 0.00% Diversified REITs


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AKIS GAYRIMENKUL YATIRIMI AS Turkey 0.0071% 0.0000% Diversified REITs

MCKAY SECURITIES PLC0.00%ORD United Kingdom 0.0071% 0.0000% Office REITs

SLATE RETAIL REIT 0.00% U Canada 0.0070% 0.0000% Retail REITs

VAKIF GAYRIMENKUL YATIRIM Turkey 0.0064% 0.0000% Office REITs

AGELLAN COMMERCIAL REAL ESTA Canada 0.0059% 0.0000% Diversified REITs

MONTEA Belgium 0.0056% 0.0000% Industrial REITs

RREEF CHINA COMMERCIAL TRUST China 0.0055% 0.0000% Diversified REITs

URSTADT BIDDLE PROPERTIES United States 0.0055% 0.0000% Retail REITs

HOTEL PROPERTY INVESTMENTS Australia 0.0054% 0.0000% Specialized REITs

BGP HOLDINGS (PRIVATE) Germany 0.0054% 0.0000% N/A

CAPITAL & REGIONAL PLC United Kingdom 0.0052% 0.0275% Retail REITs

SINPAS GAYRIMENKUL YATIRIM O Turkey 0.0049% 0.0000% Residential REITs

ASPEN GROUP Australia 0.0046% 0.0000% Diversified REITs

PAVILION REAL ESTATE INVEST Malaysia 0.0046% 0.0000% Retail REITs

FIBRA SHOP PORTAFOLIOS INMOB Mexico 0.0044% 0.0000% Retail REITs

CARINDALE PROPERTY TRUST Australia 0.0043% 0.0000% Retail REITs

FUBON NO 1 REIT Taiwan 0.0041% 0.0000% Office REITs

SUMMIT INDUSTRIAL INCOME REI Canada 0.0038% 0.0000% Industrial REITs

STANDARD LIFE INV PROP INC United Kingdom 0.0032% 0.0318% Diversified REITs

HALK GAYRIMENKUL YATRM ORTAK Turkey 0.0032% 0.0000% Residential REITs

TRUE NORTH COMMERCIAL REAL E Canada 0.0031% 0.0000% Office REITs

DELTA PROPERTY FUND LTD South Africa 0.0029% 0.0000% Office REITs

PLAZA RETAIL REIT Canada 0.0027% 0.0000% Retail REITs

ARGAN France 0.0025% 0.0000% Specialized REITs

SCHRODER REAL ESTATE INVESTM United Kingdom 0.0023% 0.0305% Diversified REITs

PARTNERS REAL ESTATE INVESTM Canada 0.0023% 0.0000% Retail REITs

AMFIRST REAL ESTATE INVESTM Malaysia 0.0022% 0.0000% Office REITs

GDI PROPERTY GROUP Australia 0.0022% 0.0000% Office REITs

VIVA INDUSTRIAL TRUST Singapore 0.0021% 0.0000% Diversified REITs


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ARENA REIT Australia 0.0020% 0.0000% Health Care REITs

INVESTORE PROPERTY LTD New Zealand 0.0020% 0.0000% Retail REITs

MRCB0.00%QUILL REIT Malaysia 0.0020% 0.0000% Office REITs

FRASERS HOSPITALITY TRUST Singapore 0.0019% 0.0000% Hotel & Resort REITs

CARE PROPERTY INVEST Belgium 0.0019% 0.0000% Residential REITs

Aedifica NPV CP17 06/11/2017 Belgium 0.0019% 0.0000% Health Care REITs

WHEELER REAL ESTATE INVESTME United States 0.0016% 0.0000% Retail REITs

ACANTHE DEVELOPPEMENT SA France 0.0012% 0.0000% Office REITs

ASCENCIO Belgium 0.0010% 0.0000% Retail REITs

TOWER REAL ESTATE INVESTMENT Malaysia 0.0009% 0.0000% Office REITs

CENTURIA INDUSTRIAL REIT 2017 PLA Australia 0.0008% 0.0000% Industrial REITs

TERREIS France 0.0004% 0.0000% Diversified REITs

TOWN CENTRE SECURITIES PLC United Kingdom 0.0003% 0.0000% Retail REITs

TEXTON PROPERTY FUND LTD South Africa 0.0003% 0.0000% Office REITs

LASALLE LOGIPORT REIT Japan 0.0003% 0.0000% Industrial REITs

HEKTAR REAL ESTATE INVESTMEN Malaysia 0.0003% 0.0000% Retail REITs

TOWER PROPERTY FUND LIMITED South Africa 0.0002% 0.0000% Diversified REITs

NPT LTD New Zealand 0.0001% 0.0000% Diversified REITs

CHARTER REAL ESTATE INV0.00%RTS Canada 0.0000% 0.0000% Retail REITs

PRIME RETIREMENT & AGED CARE Australia 0.0000% 0.0000% Residential REITs

los angeles water and power employees’ · 2017. 8. 9. · los angeles water and power...

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