IFA Index Data Sources

IFA U.S. Large Company IndexIFA U.S. Large Cap Value IndexIFA U.S. Small Cap IndexIFA U.S. Micro Cap IndexIFA U.S. Small Cap Value IndexIFA Global REIT IndexIFA International Value IndexIFA International Small Company IndexIFA International Small Cap Value IndexIFA Emerging Market IndexIFA Emerging Market Value IndexIFA Emerging Market Small Cap IndexIFA One-Year Fixed Income IndexIFA Two-Year Global Fixed Income IndexIFA Short Term Government IndexIFA Five-Year Global Fixed Income IndexS&P 500® IndexIFA World IndexIFA NSDQ IndexIFA U.S. Total Market IndexIFA U.S. Large Growth IndexIFA U.S. Small Growth IndexIFA US Social Core Equity IndexIFA Sustainability Core IndexIFA International Social Core Equity IndexIFA International Sustainability Core IndexIFA Emerging Markets Social Core Index

When IFA Indexes are shown in Index Portfolios, all returns data reflects a deduction of 0.9% annual investment advisory fee, which is the maximum IFA fee. Your fee may be less depending on assets under management at IFA. Unless indicated otherwise, data shown for each individual IFA Index is shown without a deduction of the IFA advisory fee. We choose this method because the creation, choice, monitoring and rebalancing of diversified index portfolios are the services of the independent investment advisor and at that point the fees are appropriate to deduct from the whole portfolio returns.

Live Dimensional Fund Advisors (DFA) fund data does reflect the deduction of mutual fund advisory fees, mutual fund company brokerage fees, other expenses incurred by the portfolios and incorporates actual trading results, and when specified a deduction of 0.9% annual investment advisory fee, which is the maximum IFA fee. Simulated index data also reflects DFA current mutual fund expense ratios for the entire period. Both simulated and live data reflect total returns, including dividends, except for NASDAQ. For a graphic representation of the descriptions below, see IFA Indexes Time Series Construction and the description of indexes or asset classes can be found below. The descriptions listed below indicate how asset classes are strung together to simulate similar risk and return characteristics back to 1970. This reduces the standard error of the mean which is unacceptably high for periods less than 20 or 30 years. As of Jan 2005, all IFA index portfolios are rebalanced annually because that more closely matches the IFA practice. Data shown on this web site prior to Jan 2005 was shown as being rebalanced monthly. In June of 2006, the historical monthly returns of the fifteen IFA indexes and the twenty IFA index portfolios were reconstructed to address the following issues:

  • The availability of new and better sources of data for historical returns.
  • The correction of errors in the prior data.
  • Changes to the substitution of U.S. index data for international indexes in years prior to the existence of international data.

As of January 2008, The historical monthly returns of the fifteen IFA indexes and the twenty IFA index portfolios were reconstructed in January of 2008 to address the following issues:

  • The availability of new and better sources of data for historical returns.
  • The substitution of U.S. Small Cap for U.S. Micro Cap.
  • The substitution of U.S. Targeted Value for U.S. Small Value.

Click Here to see a summary of history of changes made to the IFA Indexes and Portfolios.

All live mutual fund portfolios tracked in IFA indexes are net of DFA fees.
Indexes and Simulations are also net of estimated DFA Fees
IFA Advisory fees are deducted when IFA indexes are presented in the IFA Index Portfolios.


1.

LC

IFA U.S. Large Company Index


Time-Series Construction
January 1928 – December 1990: Dimensional US Large Cap Index minus 0.0083%/mo (mutual fund exp ratio)
January 1991 – April 2010: DFA US Large Company Symbol: DFLCX
May 2010 – Present : DFA US Large Company Portfolio Symbol: DFUSX


Investment Objective of DFA US Large Company Portfolio (DFUSX): Factsheet | Prospectus The U.S. Large Company Portfolio seeks, as its investment objective, to approximate the total investment return of the S&P 500® Index.


Average Annual Total Return One Year Three Years Five Years Ten Years
DFA US Large Company Portfolio 3.94% 11.56% 12.02% 7.42%
S&P 500 Index 3.99% 11.66% 12.10% 7.42%

Number of Holdings504Turnover (as of 10/31/14)2.00%
Weighted Average Market Cap$137,661MWeighted Average Dividend-to-Price2.27%
Aggregated Price-to-Book2.40Expense Ratio (as of 10/31/15)0.08%

All Data as of Jun 30, 2016. Returns include the impact of reinvested dividends and capital gains distributions. Sources and Updates: Dimensional Fund Advisors, Inc., and IFA (ifabt.com.)

2.

LV

IFA U.S. Large Cap Value Index


Time-Series Construction
January 1928 – February 1993: Dimensional US Large Cap Value Index minus 0.0233%/mo (mutual fund exp ratio)
March 1993 – Present: DFA US Large Cap Value Portfolio Symbol: DFLVX


Investment Objective of DFA US Large Cap Value Portfolio I (DFLVX): Factsheet | Prospectus is to achieve long-term capital appreciation. The Portfolio is a feeder portfolio and pursues its objective by investing substantially all of its assets in its corresponding Master Fund, The U.S. Large Cap Value Series, which has the same investment objective and policies as the U.S. Large Cap Value Portfolio.


Average Annual Total Return One Year Three Years Five Years Ten Years
DFA US Large Cap Value Portfolio (I) -0.78% 9.56% 11.09% 6.27%
Russell 1000 Value Index 2.86% 9.87% 11.35% 6.13%

Number of Holdings307Turnover (as of 10/31/14)16.00%
Weighted Average Market Cap$96,695MWeighted Average Dividend-to-Price2.43%
Aggregated Price-to-Book1.46Expense Ratio (as of 10/31/15)0.27%

All Data as of Jun 30, 2016. Returns include the impact of reinvested dividends and capital gains distributions. Sources and Updates: Dimensional Fund Advisors, Inc., and IFA (ifabt.com.)

3.

SC

IFA U.S. Small Cap Index


Time-Series Construction
January 1928 – March 1992: Dimensional US Small Cap Index minus 0.0308%/mo (mutual fund exp ratio)
April 1992 – Present : DFA US Small Cap Portfolio Symbol: DFSTX


Investment Objective of DFA US Small Cap Portfolio I (DFSTX): Factsheet | Prospectus is to achieve long-term capital appreciation.


Average Annual Total Return One Year Three Years Five Years Ten Years
DFA US Small Cap Portfolio (I) -4.05% 8.28% 9.71% 7.44%
Russell 2000 Index -6.73% 7.09% 8.35% 6.20%

Number of Holdings2,007Turnover (as of 10/31/14)11.00%
Weighted Average Market Cap$1,975MWeighted Average Dividend-to-Price1.49%
Aggregated Price-to-Book1.81Expense Ratio (as of 10/31/15)0.37%

All Data as of Jun 30, 2016. Returns include the impact of reinvested dividends and capital gains distributions. Sources and Updates: Dimensional Fund Advisors, Inc., and IFA (ifabt.com.)

4.

MC

IFA U.S. Micro Cap Index


Time-Series Construction
Jan 1928 - Dec 1981: Dimensional US Micro Cap Index minus 0.0433%/mo (mutual fund exp ratio)
Jan 1982 - Present: DFA US Micro Cap Portfolio: DFSCX


Investment Objective of DFA US Micro Cap Portfolio I (DFSCX): Factsheet | Prospectus is to achieve long-term capital appreciation.


Average Annual Total Return One Year Three Years Five Years Ten Years
DFA US Micro Cap Portfolio -4.81% 8.03% 9.93% 6.44%
Russell 2000 Index -6.73% 7.09% 8.35% 6.20%

Number of Holdings1,609Turnover (as of 10/31/14)14.00%
Weighted Average Market Cap$999MWeighted Average Dividend-to-Price1.34%
Aggregated Price-to-Book1.71Expense Ratio (as of 10/31/15)0.52%

All Data as of Jun 30, 2016. Returns include the impact of reinvested dividends and capital gains distributions. Sources and Updates: Dimensional Fund Advisors, Inc., and IFA (ifabt.com.)

5.

SV

IFA U.S. Small Cap Value Index


Time-Series Construction
January 1928 – Febuary 2000: Dimensional US Targeted Value Index minus 0.0317%/mo (mutual fund exp ratio)
March 2000 – Present: DFA US Targeted Value Portfolio Symbol: DFFVX


Investment Objective of DFA Targeted Value Portfolio I (DFFVX): Factsheet | Prospectus is to achieve long-term capital appreciation.


Average Annual Total Return One Year Three Years Five Years Ten Years
DFA US Targeted Value Portfolio (I) -5.70% 7.08% 8.94% 6.19%
Russell 2000 Value Index -2.58% 6.36% 8.15% 5.15%

Number of Holdings1,496Turnover (as of 10/31/14)15.00%
Weighted Average Market Cap$2,913MWeighted Average Dividend-to-Price1.66%
Aggregated Price-to-Book1.23Expense Ratio (as of 10/31/15)0.37%

All Data as of Jun 30, 2016. Returns include the impact of reinvested dividends and capital gains distributions. Sources and Updates: Dimensional Fund Advisors, Inc., and IFA (ifabt.com.)

6.

RE

IFA Global REIT Index


Time-Series Construction
January 1928 – December 1977: 50% IFA US Small Cap Index and 50% IFA Small Cap Value Index
January 1978 – December 1993: Dow Jones US Select REIT Index minus 0.0183%/mo (mutual fund exp ratio)
Febuary 1993 – June 2008: DFA US Real Estate Securities Symbol: DFREX
July 2008 – Present: DFA Global Real Estate Securities Portfolio Symbol: DFGEX


Investment Objective of DFA Global Real Estate Securities Portfolio (DFGEX): Factsheet | Prospectus is to achieve long-term capital appreciation.


Average Annual Total Return One Year Three Years Five Years Ten Years
DFA Global Real Estate Sec. Portfolio 17.85% 11.27% 10.00% --%*
S&P Global REIT Index** 16.56% 10.14% 9.13% 4.83%

Number of Holdings403Turnover (as of 10/31/14)1.00%
Weighted Average Market Cap$14,932MWeighted Average Dividend-to-Price3.82%
Aggregated Price-to-Book1.87Expense Ratio (as of 2/28/16)0.24%

*Inception Date 6/4/08 **Net Dividends All Data as of Jun 30, 2016. Returns include the impact of reinvested dividends and capital gains distributions. Sources and Updates: Dimensional Fund Advisors, Inc., and IFA (ifabt.com.)

7.

IV

IFA International Value Index


Time-Series Construction
January 1928 – June 1955: IFA US Large Value Index
July 1955 – December 1969: Dimensional UK Large Value minus 0.0358%/mo (mutual fund exp ratio)
January 1970 – December 1974: MSCI EAFE Gross Dividends minus 0.0358%/mo (mutual fund exp ratio)
January 1975 – February 1994: Fama/French International Value minus 0.0358%/mo (mutual fund exp ratio)
March 1994 – Present: DFA International Value Portfolio Symbol: DFIVX


Investment Objective of DFA International Value Portfolio I (DFIVX): Factsheet | Prospectus is to achieve long-term capital appreciation. The portfolio pursues its objective by investing substantially all of its assets in its corresponding Master Fund, The International Value Series, which has the same investment objective and policies as the DFA International Value Portfolio.


Average Annual Total Return One Year Three Years Five Years Ten Years
DFA Intl. Value Index Portfolio -16.53% 0.08% -1.15% 0.74%
MSCI EAFE Index* -9.84% 1.88% 1.23% 1.63%

Number of Holdings478Turnover (as of 10/31/14)21.00%
Weighted Average Market Cap$49,253MWeighted Average Dividend-to-Price4.55%
Aggregated Price-to-Book0.89Expense Ratio (as of 10/31/15)0.43%

*Net Dividends All Data as of Jun 30, 2016. Returns include the impact of reinvested dividends and capital gains distributions. Sources and Updates: Dimensional Fund Advisors, Inc., and IFA (ifabt.com.)

8.

IS

IFA International Small Company Index


Time-Series Construction
January 1928 – December 1969: IFA US Small Cap Index
January 1970 – September 1996: Dimensional International Small Cap Index minus 0.0458%/mo (mutual fund exp ratio)
October 1996 – Present: DFA International Small Company Portfolio Symbol: DFISX


Investment Objective of DFA International Small Company Portfolio I (DFISX): Factsheet | Prospectus is to achieve long-term capital appreciation.


Average Annual Total Return One Year Three Years Five Years Ten Years
DFA Intl. Small Cap Index -3.85% 6.53% 3.98% 4.26%
MSCI World ex USA Small Cap Index* 3.35% 6.34% 3.61% 3.33%

Number of Holdings4,231Turnover (as of 10/31/14)11.00%
Weighted Average Market Cap$2,124MWeighted Average Dividend-to-Price3.14
Aggregated Price-to-Book1.30Expense Ratio (as of 10/31/15)0.54%

*Price-Only All Data as of Jun 30, 2016. Returns include the impact of reinvested dividends and capital gains distributions. Sources and Updates: Dimensional Fund Advisors, Inc., and IFA (ifabt.com.)

9.

ISV

IFA International Small Cap Value Index


Time-Series Construction
January 1928 – December 1969: IFA Small Cap Value Index
January 1970 – June 1981: IFA International Small Company Index
July 1981 – December 1994: Dimensional International Small Cap Value Index minus 0.0575%/mo (mutual fund exp ratio)
January 1995 – Present: DFA International Small Cap Value Portfolio Symbol: DISVX


Investment Objective of DFA International Small Cap Value Portfolio I (DISVX): Factsheet | Prospectus is to achieve long-term capital appreciation.


Average Annual Total Return One Year Three Years Five Years Ten Years
DFA Intl. Small Cap Value -9.28% 6.01% 4.04% 3.92%
MSCI EAFE Small Cap Index* -3.35% 6.34% 3.61% 3.33%

Number of Holdings2,216Turnover (as of 10/31/14)18.00%
Weighted Average Market Cap$1,858MWeighted Average Dividend-to-Price3.48%
Aggregated Price-to-Book0.79Expense Ratio (as of 10/31/15)0.69%

*Price-Only All Data as of Jun 30, 2016. Returns include the impact of reinvested dividends and capital gains distributions. Sources and Updates: Dimensional Fund Advisors, Inc., and IFA (ifabt.com.)

10.

EM

IFA Emerging Market Index


Time-Series Construction
January 1928 – December 1969: 50% IFA US Large Value Index and 50% IFA US Small Cap Index
January 1970 – December 1987: 50% IFA Int'l Value and 50% IFA Int'l Small Cap
January 1988 – December 1988: MSCI Emerging Markets Index (gross div.) minus 0.05%/mo (mutual fund exp ratio)
January 1989 – April 1994: Fama/French Emerging Markets Index minus 0.05%/mo (mutual fund exp ratio)
May 1994 – Present: DFA Emerging Markets Portfolio Symbol: DFEMX


Investment Objective of DFA Emerging Markets Portfolio I (DFEMX): Factsheet | Prospectus is to achieve long-term capital appreciation. The portfolio pursues its objective by investing substantially all of its assets in its corresponding Master Fund, The Emerging Markets Series, which has the same investment objective and policies as the Emerging Markets Portfolio.


Average Annual Total Return One Year Three Years Five Years Ten Years
DFA Emerging Markets Portfolio I -8.97% -0.68% -3.14% 4.54%
MSCI Emerging Markets Index* -12.05% -1.56% -3.78% 3.54%

Number of Holdings1,096Turnover (as of 10/31/14)9.00%
Weighted Average Market Cap$37,912MWeighted Average Dividend-to-Price2.62%
Aggregated Price-to-Book1.48Expense Ratio (as of 2/28/16)0.57%

*Gross Dividend All Data as of Jun 30, 2016. Returns include the impact of reinvested dividends and capital gains distributions. Sources and Updates: Dimensional Fund Advisors, Inc., CRSP, FAMA and FRENCH, and IFA (ifabt.com.)

11.

EV

IFA Emerging Market Value Index


Time-Series Construction
January 1928 – December 1969: IFA US Small Cap Value Index
January 1970 – December 1988: IFA Emerging Markets Index
January 1989 – April 1998: Dimensional Emerging Value Index minus 0.05%/mo (mutual fund exp ratio)
May 1998 – Present: DFA Emerging Markets Value Portfolio Symbol DFEVX


Investment Objective of DFA Emerging Markets Value Portfolio I (DFEVX): Factsheet | Prospectus is to achieve long-term capital appreciation. The portfolio pursues its objective by investing substantially all of its assets in its corresponding Master Fund, The Dimensional Emerging Markets Value Fund, which has the same investment objective and policies as the Emerging Markets Value Portfolio.


Average Annual Total Return One Year Three Years Five Years Ten Years
DFA Emerging Markets Value Portfolio I -11.75% -2.51% -5.74% 3.82%
MSCI Emerging Markets Index* -12.05% -1.56% -3.78% 3.54%

Number of Holdings2,202Turnover (as of 10/31/14)14.00%
Weighted Average Market Cap$22,442MWeighted Average Dividend-to-Price3.11%
Aggregated Price-to-Book0.83Expense Ratio (as of 2/28/16)0.56%

*Gross Dividend All Data as of Jun 30, 2016. Returns include the impact of reinvested dividends and capital gains distributions. Sources and Updates: Dimensional Fund Advisors, Inc., CRSP, FAMA and FRENCH, and IFA (ifabt.com.)

12.

ES

IFA Emerging Market Small Cap Index


Time-Series Construction
January 1928 – December 1969: IFA US Small Cap Index
January 1970 – December 1988: IFA Emerging Markets Index
January 1989 – March 1998: Fama/French Emerging Markets Small minus 0.065%/mo (mutual fund exp ratio)
April 1998 – Present: DFA Emerging Markets Small Cap Portfolio Symbol: DEMSX


Investment Objective of DFA Emerging Markets Small Cap Portfolio I (DEMSX): Factsheet | Prospectus is to achieve long-term capital appreciation. The portfolio pursues its objective by investing substantially all of its assets in its corresponding Master Fund, The Dimensional Emerging Markets Value Fund, which has the same investment objective and policies as the Emerging Markets Value Portfolio.


Average Annual Total Return One Year Three Years Five Years Ten Years
DFA Emg. Markets Small Cap Portfolio -5.64% 2.43% -0.55% 7.65%
MSCI Emerging Market Index** -12.05% -1.56% -3.78% 3.54%

Number of Holdings3,413Turnover (as of 10/31/14)18.00%
Weighted Average Market Cap$1,165MWeighted Average Dividend-to-Price2.57%
Aggregated Price-to-Book1.18Expense Ratio (as of 2/28/16)0.73%

*Gross Dividend All Data as of Jun 30, 2016. Returns include the impact of reinvested dividends and capital gains distributions. Sources and Updates: Dimensional Fund Advisors, Inc., CRSP, FAMA and FRENCH, and IFA (ifabt.com.)

13.

1F

IFA One-Year Fixed Income Index


Time-Series Construction
January 1928 – June 1963: One-Month T-Bills minus 0.015%/mo (mutual fund exp ratio)
July 1963 – July 1983: One-Year T-Note Index minus 0.015%/mo (mutual fund exp ratio)
August 1983 – Present: DFA One-Year Fixed Income Portfolio Symbol DFIHX


Investment Objective of Investment Objective of DFA One-Year Fixed Income Portfolio (DFIHX): Factsheet | Prospectus is to achieve a stable real return in excess of the rate of inflation with a minimum of risk.


Average Annual Total Return One Year Three Years Five Years Ten Years
DFA One-Year Fixed Income Index Portfolio 0.79% 0.53% 0.55% 1.81%
One-Year US Treasury Note* 0.59% 0.38% 0.34% 1.69%

Duration0.95 Years
Expense Ratio (as of 10/31/15)0.17%
Average Portfolio Maturity Range0.96 Years

*BofA Merrill Lynch Index All Data as of Jun 30, 2016. Returns include the impact of reinvested dividends and capital gains distributions. Sources and Updates: Dimensional Fund Advisors, Inc., and IFA (ifabt.com.)

14.

2F

IFA Two-Year Global Fixed Income Index


Time-Series Construction
January 1928 – June 1977: Five-Year T-Notes minus 0.015%/mo (mutual fund exp ratio)
July 1977 – December 1989: ML US Treasury Index 1-3 Years minus 0.015%/mo (mutual fund exp ratio)
January 1990 – February 1996: Citi World Gov't Bond 1-3 Years Hedged minus 0.015%/mo (mutual fund exp ratio)
March 1996 – Present: DFA Two-Year Global Fixed Income Portfolio Symbol: DFGFX


Investment Objective of DFA Two-Year Global Fixed Income Portfolio (DFGFX): Factsheet | Prospectus is to maximize total returns consistent with preservation of capital.


Average Annual Total Return One Year Three Years Five Years Ten Years
DFA Two-Year Global Fixed Income Portfolio 0.91% 0.69% 0.68% 1.96%
World Gov't Bond Index 1-3 Years* 0.98% 0.78% 0.88% 2.08%

Duration1.32 Years
Expense Ratio (as of 10/31/15)0.18%
Average Portfolio Maturity Range1.34 Years

*Citigroup Index, Hedged All Data as of Jun 30, 2016. Returns include the impact of reinvested dividends and capital gains distributions. Sources and Updates: Dimensional Fund Advisors, Inc., and IFA (ifabt.com.)

15.

3G

IFA Short Term Government Index


Time-Series Construction
January 1928 – December 1972: Five-Year T-Notes minus 0.0167%/mo (mutual fund exp ratio)
January 1973 – May 1987: Barclays Intermediate Government Bond Index minus 0.0167%/mo (mutual fund exp ratio)
June 1987 – Present: DFA Short-Term Govt. Portfolio (Five-Year Gov't Income) Symbol: DFFGX


Investment Objective of DFA Short-Term Government Portfolio (DFFGX): Factsheet | Prospectus is to maximize total returns from the universe of debt obligations of the U.S. Government and U.S. government agencies.


Average Annual Total Return One Year Three Years Five Years Ten Years
DFA Short-Term Gov't Portfolio 2.36% 1.72% 1.51% 3.08%
Capital US Gov't Bond Index Int.* 2.39% 1.65% 1.42% 3.22%

Duration2.82 Years
Expense Ratio (as of 10/31/15)0.19%
Average Portfolio Maturity Range2.92 Years

*Barclays Index All Data as of Jun 30, 2016. Returns include the impact of reinvested dividends and capital gains distributions. Sources and Updates: Dimensional Fund Advisors, Inc., and IFA (ifabt.com.)

16.

5F

IFA Five-Year Global Fixed Income Index


Time-Series Construction
January 1928 – December 1984: IFA Short Term Government Index
January 1985 – November 1990: Citi Global Government Bond Hedged minus 0.0233%/mo (mutual fund exp ratio)
December 1990 – Present: DFA Five-Year Global Fixed Income Portfolio Symbol: DFGBX


Investment Objective of DFA Five-Year Global Fixed Income Portfolio (DFGBX): Factsheet | Prospectus is to provide a market rate of return for a fixed income portfolio with low relative volatility of returns.


Average Annual Total Return One Year Three Years Five Years Ten Years
DFA Five-Year Global Fixed Portfolio 4.04% 2.90% 2.78% 3.84%
World Gov't Bond 1-5 Years* 2.36% 1.82% 1.84% 2.98%

Duration3.59 Years
Expense Ratio (as of 10/31/15)0.27%
Average Portfolio Maturity Range3.76 Years

*Citigroup Index, Hedged All Data as of Jun 30, 2016. Returns include the impact of reinvested dividends and capital gains distributions. Sources and Updates: Dimensional Fund Advisors, Inc., and IFA (ifabt.com.)

17.

SP

S&P 500® Index


Time-Series Construction
January 1928 - December 1989: S&P 500 Ibbotson Associates SBBI data courtesy of Morningstar Direct
January 1990 - Present: S&P 500 Index data courtesy of Morningstar Direct


Investment Objective of S&P 500® Index: Widely regarded as the best single gauge of the U.S. equities market, this world-renowned index includes 500 leading companies in leading industries of the U.S. economy. Although the S&P 500® focuses on the large cap segment of the market, with approximately 75% coverage of U.S. equities, it is also a proxy for the total market. S&P 500 is part of a series of S&P U.S. indices that can be used as building blocks for portfolio construction.


Average Annual Total Return One Year Three Years Five Years Ten Years
S&P 500 Index 1.39% 15.13% 12.57% 7.31%

Number of Holdings (as of 10/31/14)504  
Average Market Cap$73.7B  

All Data as of Dec 31, 2015. Returns include dividends. Sources and Updates: Morningstar Direct, and IFA (ifabt.com.)

18.

W

IFA World Index


Time-Series Construction
Jan 1928 - Present: IFA Full Equity (100/0) Index Portfolio minus 0.075%/mo (advisor exp ratio)


Investment Objective of IFA World Index: A globally diversified IFA proprietary all equity mutual fund portfolio seeking to achieve long-term capital appreciation. Includes IFA Large Company, IFA Large Value, IFA Small US Small Cap, IFA Small Cap Value, IFA Global REIT, IFA International Value, IFA International Small, IFA International Small Value, IFA Emerging Markets, IFA Emerging Markets Value, and IFA Emerging Market Small Index.


Average Annual Total Return One Year Three Years Five Years Ten Years
IFA World Index -4.47% 6.24% 6.32% 5.40%


All Data as of Jun 30, 2016. Returns include the impact of reinvested dividends and capital gains distributions. Sources and Updates: Vanguard, and IFA (ifabt.com.)

19.

N

IFA NSDQ Index


Time-Series Construction
January 1928 - February 1971: Fama/French US Small Growth Simulated Portfolio (ex Utilities)
Mar 1971 - Present: NASDAQ % Change; Excluding Dividends (Source: Yahoo! Finance)


Investment Objective of IFA NSDQ Index: To capture the return of the NASDAQ-100 Index, excluding the impact of dividends. The NASDAQ-100 Index includes 100 of the largest domestic and international non-financial securities listed on The Nasdaq Stock Market based on market capitalization. The Index reflects companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology. It does not contain securities of financial companies including investment companies.


Average Annual Total Return One Year Three Years Five Years Ten Years
Nasdaq 8.66% 21.52% 15.35% 9.41%

Number of Holdings (as of 10/31/14)106  
Average Market Cap$108.8B  

All Data as of Dec 31, 2015. Sources and Updates: Yahoo! Finance, and IFA (ifabt.com.)

20.

TM

IFA U.S. Total Market Index


Time-Series Construction
Jan 1928 - Apr 1992: Dimensional US Marketwide minus 0.01%/mo (mutual fund exp ratio)
May 1992 - Present: Vanguard US Total Market Index Inst'l :VITSX


Investment Objective of Vanguard US Total Market Index (VITSX): The investment seeks to track the performance of a benchmark index that measures the investment return of the overall stock market. The fund employs a passive management strategy designed to track the performance of the MSCI US Broad Market index, which consists of all the U.S. common stocks traded regularly on the New York Stock Exchange and the Nasdaq over-the-counter market. It typically holds 1,200-1,300 of the stocks in its target index.


Average Annual Total Return One Year Three Years Five Years Ten Years
Vanguard US Total Market Index 2.33% 15.42% 12.60% 7.73%

Number of Holdings (as of 10/31/14)3,797  
Average Market Cap$41.6B  

All Data as of Dec 31, 2015. Returns include the impact of reinvested dividends and capital gains distributions. Sources and Updates: Vanguard, and IFA (ifabt.com.)

21.

LG

IFA U.S. Large Growth Index


Time-Series Construction
Jan 1928 - Nov 1992: Dimensional US Large Cap Growth minus 0.01%/mo (mutual fund exp ratio)
Dec 1992 - Present: Vanguard Growth Index Inst'l: VIGIX


Investment Objective of Vanguard Growth Index (VIGIX): The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization growth stocks. The fund employs a passive management investment approach designed to track the performance of the MSCI US Prime Market Growth index, a broadly diversified index of growth stocks of large U.S. companies. It attempts to replicate the target index by investing all, or substantially all, of assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.


Average Annual Total Return One Year Three Years Five Years Ten Years
Vanguard Growth Index 3.32% 15.83% 13.14% 8.47%

Number of Holdings (as of 10/31/14)367  
Average Market Cap$60.6B  

All Data as of Dec 31, 2015. Returns include the impact of reinvested dividends and capital gains distributions. Sources and Updates: Vanguard, and IFA (ifabt.com.)

22.

SG

IFA U.S. Small Growth Index


Time-Series Construction
Jan 1928 - May 1998: Dimensional US Small Cap Growth minus 0.01%/mo (mutual fund exp ratio)
Jun 1998 - Present: Vanguard Small-Cap Growth Index Inst'l :VSGIX


Investment Objective of Vanguard Small-Cap Growth Index (VSGIX): The investment seeks to track the performance of a benchmark index that measures the investment return of small capitalization growth stocks. The fund employs a passive management investment approach designed to track the performance of the MSCI US Small Cap Growth index, a broadly diversified index of growth stocks of smaller U.S. companies. It attempts to replicate the target index by investing all, or substantially all, of assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.


Average Annual Total Return One Year Three Years Five Years Ten Years
Vanguard Small-Cap Growth Index 3.91% 14.30% 11.62% 9.08%

Number of Holdings (as of 10/31/14)367  
Average Market Cap$3.1B  

All Data as of Dec 31, 2015. Returns include the impact of reinvested dividends and capital gains distributions. Sources and Updates: Vanguard, and IFA (ifabt.com.)

23.

SCE

IFA US Social Core Equity Index


Time-Series Construction
January 1928 - September 2005: Dimensional Adjusted Market 2 Index minus 0.028%/mo (mutual fund exp ratio)
October 2005 - October 2007: DFA US Core Equity 2 Portfolio Symbol: DFQTX minus 0.01%/mo (mutual fund exp ratio)
November 2007 - Present: DFA US Social Core Equity 2 Portfolio Symbol: DFUEX


Investment Objective of DFA US Social Core Equity 2 Portfolio (DFUEX): Factsheet | Prospectus is to achieve long-term capital appreciation.


Average Annual Total Return One Year Three Years Five Years Inception*
DFA US Social Core Equity 2 Portfolio -2.67% 7.97% 9.41% --%*
Russell 3000 Index 2.14% 11.13% 11.60% 7.40%

Number of Holdings2,341Turnover (as of 10/31/14)16.00%
Weighted Average Market Cap$74,975MWeighted Average Dividend-to-Price1.90%
Aggregated Price-to-Book1.90Expense Ratio (as of 10/31/15)0.29%

*Inception Date 10/1/07 All Data as of Jun 30, 2016. Returns include the impact of reinvested dividends and capital gains distributions. Sources and Updates: Dimensional Fund Advisors, Inc., and IFA (ifabt.com.)

24.

USC

IFA Sustainability Core Index


Time-Series Construction
January 1928 – September 2005: Dimensional Adjusted Market 1 Index minus 0.03%/mo (mutual fund exp ratio)
October 2005 – March 2008: DFA US Core 1 Equity Portfolio minus 0.01%/mo (mutual fund exp ratio)
April 2008 – Present: DFA US Sustainability Core 1 Portfolio Symbol: DFSIX


Investment Objective of DFA US Sustainability Core 1 Portfolio (DFSIX): Factsheet | Prospectus is to achieve long-term capital appreciation.


Average Annual Total Return One Year Three Years Five Years Ten Years
DFA US Sustainability Core I -1.02% 9.79% 10.79% --%*
Russell 3000 Index 2.14% 11.13% 11.60% 7.40%

Number of Holdings1,883Turnover (as of 10/31/14)11.00%
Weighted Average Market Cap$95,553MWeighted Average Dividend-to-Price1.91%
Aggregated Price-to-Book2.37Expense Ratio (as of 2/28/16)0.25%

*Inception Date 3/12/2008 All Data as of Jun 30, 2016. Returns include the impact of reinvested dividends and capital gains distributions. Sources and Updates: Dimensional Fund Advisors, Inc., and IFA (ifabt.com.)

25.

ISE

IFA International Social Core Equity Index


Time-Series Construction
January 1928 - December 1969: Dimensional Adjusted Market 2 Index minus 0.018%/mo. (mutual fund exp ratio)
January 1970 - December 1993: 60% MSCI EAFE Index (Gross Dividends) minus 0.025%/mo. (mutual fund exp ratio) + 20% Dimensional International Small Cap Index minus 0.0458%/mo (mutual fund exp ratio) + 20% Dimensional International Small Cap Value Index minus 0.0575%/mo (mutual fund exp ratio)
January 1994 - September 2005: DFA International Adjusted Market Index minus 0.035%/mo (mutual fund exp ratio)
October 2005 - November 20 2012: DFA International Core Equity Portfolio Symbol: DFIEX
December 2012 - Present: DFA International Social Core Equity Portfolio Symbol: DSCLX


Investment Objective of DFA International Social Core Equity Portfolio (DSCLX): Factsheet | Prospectus is to achieve long-term capital appreciation.


Average Annual Total Return One Year Three Years Five Years Ten Years
DFA Intl. Social Core Equity Portfolio -8.41% 2.88% --%* --%*
MSCI World ex US (net dividend) -9.84% 1.88% 1.23% 1.63%

Number of Holdings3,660Turnover (as of 10/31/14)7.00%
Weighted Average Market Cap$21,092MWeighted Average Dividend-to-Price3.50%
Aggregated Price-to-Book1.27Expense Ratio (as of 10/31/15)0.46%

*Inception date 11/1/2012 All Data as of Jun 30, 2016. Returns include the impact of reinvested dividends and capital gains distributions. Sources and Updates: Dimensional Fund Advisors, Inc., and IFA (ifabt.com.)

26.

ISC

IFA International Sustainability Core Index


Time-Series Construction
January 1928 – March 2008: IFA International Core Equity Index minus 0.015%/mo (mutual fund exp ratio)
April 2008 – Present: DFA International Sustainability Core Portfolio Symbol: DFSPX


Investment Objective of DFA International Sustainability Core 1 Portfolio (DFSPX): Factsheet | Prospectus is to achieve long-term capital appreciation.


Average Annual Total Return One Year Three Years Five Years Ten Years
DFA Intl. Sustainability Core I -9.20% 2.56% 1.54% --%*
MSCI World ex USA Index** -9.84% 1.88% 1.23% 1.63%

Number of Holdings3,004Turnover (as of 10/31/14)8.00%
Weighted Average Market Cap$30,566MWeighted Average Dividend-to-Price3.35%
Aggregated Price-to-Book1.58Expense Ratio (as of 2/28/16)0.42%

*Inception Date 3/12/2008 **Net Div. All Data as of Jun 30, 2016. Returns include the impact of reinvested dividends and capital gains distributions. Sources and Updates: Dimensional Fund Advisors, Inc., and IFA (ifabt.com.)

27.

EMS

IFA Emerging Markets Social Core Index


Time-Series Construction
January 1928 - April 2005: 30% IFA Emerging Markets Index + 30% IFA Emerging Markets Value Index + 40% IFA Emergning Markets Small Cap Index
May 2005 - August 2006: DFA Core Emerging Markets (DFCEX)
September 2006 - Present: DFA Social Core Emerging Markets Portfolio Symbol: DFESX


Investment Objective of Emerging Markets Social Core Equity Portfolio (DFESX): Factsheet | Prospectus is to achieve long-term capital appreciation.


Average Annual Total Return One Year Three Years Five Years Ten Years
DFESX Portfolio -8.36% -0.33% -3.38% --%
MSCI Emerging Market Index* -12.05% -1.56% -3.78% 3.54%

Number of Holdings3,436Turnover (as of 10/31/14)11.00%
Weighted Average Market Cap$28,101MWeighted Average Dividend-to-Price2.68%
Aggregated Price-to-Book1.35Expense Ratio (as of 10/31/15)0.65%

*Net Dividend All Data as of Jun 30, 2016. Returns include the impact of reinvested dividends and capital gains distributions. Sources and Updates: Dimensional Fund Advisors, Inc., and IFA (ifabt.com.)