Annual Report Emea PLC PDF
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Nikhil ChaudharyAnnual Report Emea PLC PDF
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Nikhil ChaudharyAnnual Report and
Audited Financial Statements
For the financial year ended 30 November 2018
Dimensional Funds plc
Authorised and Regulated by the Central Bank of Ireland
No marketing notification has been submitted in Germany for the following Funds of Dimensional Funds plc:
Emerging Markets Value II Fund
European Core Equity Fund
Global Core Equity II Fund
Global Core Fixed Income Fund
Global Short Fixed Income II Fund
Global Value Fund
Japan Core Equity Fund
Sterling Inflation Linked Intermediate Duration Fixed Income Fund
U.S. Core Equity Fund
U.S. Small Companies II Fund
U.S. Value Fund
World Allocation 20/80 Fund
World Allocation 40/60 Fund
World Allocation 80/20 Fund
Accordingly, these Funds must not be publicly marketed in Germany.
Table of Contents
General Information 2
Investment Manager’s Reports 3
Directors’ Report 8
Depositary Report 16
Independent Auditors’ Report 17
Statement of Financial Position 22
Statement of Comprehensive Income 30
Statement of Changes in Net Assets Attributable to Holders of Redeemable Shares 38
Portfolio of Investments
Emerging Markets Large Cap Core Equity Fund 41
Emerging Markets Value Fund 49
Euro Inflation Linked Intermediate Duration Fixed Income Fund 67
European Small Companies Fund 68
European Value Fund 81
Global Core Equity Fund 83
Global Short Fixed Income Fund 147
Global Short-Term Investment Grade Fixed Income Fund 152
Global Small Companies Fund 159
Global Sustainability Core Equity Fund 206
Global Targeted Value Fund 234
Global Ultra Short Fixed Income Fund 272
Global Value Fund 277
Pacific Basin Small Companies Fund 284
Sterling Inflation Linked Intermediate Duration Fixed Income Fund 308
U.S. Core Equity Fund 309
U.S. Small Companies Fund 325
World Allocation 20/80 Fund 340
World Allocation 40/60 Fund 341
World Allocation 60/40 Fund 342
World Allocation 80/20 Fund 343
World Equity Fund 344
Notes to the Financial Statements 431
Statement of Portfolio Changes (unaudited) 488
Remuneration Policy (unaudited) 515
Securities Financing Transactions (unaudited) 516
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 1
General Information
Board of Directors: Investment Sub-Advisor:
Arthur Barlow (American) (resigned on 1 July 2018) (All Funds)
Peter Blessing (Irish)* **
Dermot S.L. Butler (Canadian)* ** Dimensional Japan Ltd.
Gregory K. Hinkle (American)** Kokusai Building
Nathan Lacaze (Italian & Australian)** Suite 808
(appointed on 7 December 2017) 3-1-1 Marunouchi
Catherine L. Newell (American)** Chiyoda-ku
Victoria Parry (British)* ** Tokyo 100–0005
Gerard O’Reilly (Irish) Japan
John Romiza (American)** ***
Registered Auditors:
Investment Manager: PricewaterhouseCoopers
Dimensional Fund Advisors Ltd. Chartered Accountants and Statutory Audit Firm
20 Triton Street Leggettsrath Business Park
Regent’s Place Dublin Road
London, NW1 3BF Kilkenny
England Ireland
Investment Sub-Advisor: Registered Office:
(All Funds) 25/28 North Wall Quay
Dublin 1
Dimensional Fund Advisors LP Ireland
6300 Bee Cave Road, Building 1
Austin, TX 78746 Administrator:
USA State Street Fund Services (Ireland) Limited
78 Sir John Rogerson’s Quay
Investment Sub-Advisor: Dublin 2
(All Funds) Ireland
DFA Australia Limited Depositary:
Level 43 State Street Custodial Services (Ireland) Limited
1 Macquarie Place 78 Sir John Rogerson’s Quay
Sydney NSW 2000 Dublin 2
Australia Ireland
Investment Sub-Advisor: Listing Sponsor:
(All Funds) A&L Listing
25/28 North Wall Quay
Dimensional Fund Advisors Pte. Ltd. Dublin 1
8 Marina View Ireland
Asia Square Tower 1
Suite 33-01 Legal Advisers in Ireland:
Singapore 018960 A&L Goodbody
International Financial Services Centre
* Independent Directors North Wall Quay
** Non-executive Directors Dublin 1
*** Chairperson Ireland
Secretary:
Goodbody Secretarial Limited
25/28 North Wall Quay
Dublin 1
Ireland
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 2
Investment Manager’s Reports
Emerging Markets Large Cap Core Equity Fund funds overweight to longer dated French inflation-protected bonds
The Emerging Markets Large Cap Core Equity Fund (the “Fund”) and underweight to long-dated German inflation-protected bonds
has been invested in a broad range of large cap companies with resulted in the relative underperformance over this period. The Index
increased exposure to companies with smaller relative market has been included for market context purposes only.
capitalisation, lower relative price, and higher profitability across the
emerging markets region and as at 30 November 2018 had European Small Companies Fund
exposure to approximately 900 companies. This reflects our The European Small Companies Fund (the “Fund”) has been
approach of seeking to deliver highly diversified exposure to invested in a broad range of small companies across the European
emerging markets large cap companies. region and as at 30 November 2018 had holdings in approximately
1,400 companies. This reflects our approach of seeking to deliver
Over the one year period ending 30 November 2018, the total return highly diversified exposure to European small companies.
of the Fund in U.S. Dollars (the Base Currency of the Fund) was
-7.91%. This compares to a total return of -9.09% for the MSCI Over the one year period ending 30 November 2018, the total return
Emerging Markets Index (the "Index"). The Fund’s greater emphasis of the Fund in Euro (the Base Currency of the Fund) was -7.66%.
to low relative price companies, which outperformed emerging This compares to a return of -7.92% for the MSCI Europe Small Cap
markets overall, resulted in the relative outperformance over this Index (the "Index"). The Fund’s lesser allocation to small, high
period. growth securities with low levels of profitability, which
underperformed other small cap companies, contributed to the
The Fund is fully invested and seeks to capture the returns of relative outperformance over the period.
emerging markets large cap companies. Fair value adjustments and
the time of valuation of currency can create differences between the The Fund is fully invested and seeks to capture the returns of
performance of the Fund versus the Index. The Index has been European small companies. Fair value adjustments and the time of
included for market context purposes only. valuation of currency can create differences between the
performance of the Fund versus the Index. The Index has been
Emerging Markets Value Fund included for market context purposes only.
The Emerging Markets Value Fund (the “Fund”) has been invested
in a broad range of companies with high book-to-market ratios European Value Fund
across the emerging markets region and as at 30 November 2018 The European Value Fund (the “Fund”) has been invested in a broad
had holdings in approximately 2,000 companies. This reflects our range of large cap value companies across the European region and
approach of seeking to deliver highly diversified exposure to as at 30 November 2018 had holdings in approximately 150
emerging markets value companies. companies. This reflects our approach of seeking to deliver highly
diversified exposure to European value companies.
Over the one year period ending 30 November 2018, the total return
of the Fund in U.S. Dollars (the Base Currency of the Fund) was Over the one year period ending 30 November 2018 the total return
-6.24%. This compares to a total return of -9.09% for the MSCI of the Fund in Euro (the Base Currency of the Fund) was -5.97%,
Emerging Markets Index (the "Index"). The Fund’s greater emphasis reflecting the performance of European markets. This compares to a
to low relative price companies, which outperformed emerging return of -5.67% for the MSCI Europe Value Index (the "Index"). The
markets overall, resulted in the relative outperformance over this Fund’s greater emphasis to low relative price companies, which
period. underperformed European markets overall, resulted in the relative
underperformance over this period.
The Fund is fully invested and seeks to capture the returns of
emerging markets value companies. Fair value adjustments and the The Fund is fully invested and seeks to capture the returns of
time of valuation of currency can create differences between the European large cap value companies. Fair value adjustments and
performance of the Fund versus the Index. The Index has been the time of valuation of currency can create differences between the
included for market context purposes only. performance of the Fund versus the Index. The Index has been
included for market context purposes only.
Euro Inflation Linked Intermediate Duration Fixed
Income Fund Global Core Equity Fund
The Euro Inflation Linked Intermediate Duration Fixed Income Fund The Global Core Equity Fund (the “Fund”) has been invested in a
(the “Fund”) has been invested in EUR inflation linked issues of broad range of companies with increased exposure to companies
Eurozone governments with maturities between three and twenty with high book-to-market ratios and smaller market capitalisations
years. across developed world markets. As at 30 November 2018, the Fund
had exposure to approximately 7,700 companies which reflects our
Over the one-year period ending 30 November 2018, the total return approach of seeking to deliver highly diversified exposure to
was 0.00%. This compares to a return Barclays Capital French EMU developed markets companies.
HICP Linked 5-15 Year Bond Index (the "Index") of 0.04%. The
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 3
Investment Manager’s Reports (continued)
Global Core Equity Fund (continued) This compares to a return of -3.64% for the MSCI World Small Cap
Over the one year period ending 30 November 2018, the total return Index (the "Index"). The Fund’s greater emphasis to small-cap
of the Fund in U.S. Dollars (the Base Currency of the Fund) was companies, which underperformed mid-cap companies, resulted in
-1.70%, broadly reflecting the performance of developed markets. the relative underperformance over this period.
This compares to a total return of 0.14% for the MSCI World Index
(the "Index"). The Fund’s greater emphasis to low relative price The Fund is fully invested and seeks to capture the returns of global
companies, which underperformed overall, resulted in the relative small-cap companies. Fair value adjustments and the time of
underperformance over this period. valuation of currency can create differences between the
performance of the Fund versus the Index. The Index has been
The Fund is fully invested and seeks to capture the returns of global included for market context purposes only.
markets. Fair value adjustments and the time of valuation of
currency can create differences between the performance of the Global Sustainability Core Equity Fund
Fund versus the Index. The Index has been included for market The Global Sustainability Core Equity Fund (the “Fund”) has been
context purposes only. invested in a broad range of companies with increased exposure to
companies with high book-to-market ratios and smaller market
Global Short Fixed Income Fund capitalisations across developed world markets, while also adjusting
The Global Short Fixed Income Fund (the “Fund”) was invested in a the composition of the Fund based on environmental impact
broad range of high quality fixed income instruments with maturities considerations. As at 30 November 2018, the Fund had exposure to
at or below five years. As at 30 November 2018, the Fund was approximately 3,300 companies which reflects our approach of
diversified across 8 currencies, and issuers from 17 countries as well seeking to deliver highly diversified exposure to developed markets
as supranational organisations. companies.
Over the one-year period ending 30 November 2018, the fund total Over the one year period ending 30 November 2018, the total return
return was -1.63%. This compares to a return on the FTSE WGBI of the Fund in U.S. Dollars (the Base Currency of the Fund) was
Currency Hedged 1 to 5 Year EUR Index (the "Index") of -1.39%. -0.90%, broadly reflecting the performance of developed markets.
The funds underweight to U.S. Dollar-denominated bonds detracted This compares to a total return of 0.14% for the MSCI World Index
from relative performance. The Index has been included for market (the "Index"). The Fund’s greater emphasis to low relative price
context purposes only. companies, which underperformed overall, resulted in the relative
underperformance over this period.
Global Short Term Investment Grade Fixed Income Fund
The Global Short-Term Investment Grade Fixed Income Fund (the The Fund is fully invested and seeks to capture the returns of global
“Fund”) has been invested in a broad range of high quality fixed markets. Fair value adjustments and the time of valuation of
income instruments with maturities at or below five years. As at 30 currency can create differences between the performance of the
November 2018, the Fund was diversified across 7 currencies, and Fund versus the Index. The Index has been included for market
issuers from 20 countries as well as supranational organisations. context purposes only.
Over the one-year period ending 30 November 2018, the total return Global Targeted Value Fund
was 0.75%. This compares to a return on the Barclays Global The Global Targeted Value Fund (the “Fund”) has been invested in a
Aggregate Credit 1-5 Year Index (the "Index") of 1.01%. The Fund broad range of small and mid-cap companies with high book-to-
underperformed mainly due to an overweight to corporate bonds market ratios across developed world markets and as at 30
during a period in which realised credit premiums were negative. November 2018 had holdings in approximately 4,300 companies.
The Index has been included for market context purposes only. This reflects our approach of seeking to deliver highly diversified
exposure to small and mid-cap developed markets value companies.
Global Small Companies Fund
The Global Small Companies Fund (the “Fund”) has been invested Over the one year period ending 30 November 2018, the total return
in a broad range of companies with smaller market capitalisations of the Fund in U.S. Dollars (the Base Currency of the Fund) was
across developed world markets. As at 30 November 2018 the Fund -8.43%, broadly reflecting the performance of small low relative price
had exposure to approximately 5,600 companies which reflects our companies in developed markets. This compares to a total return of
approach of seeking to deliver highly diversified exposure to -5.11% for the MSCI World SMID Value Index (the "Index"). The
developed markets small companies. Fund’s exclusion of real estate investment trusts and highly
regulated utilities contributed to relative underperformance, as these
Over the one year period ending 30 November 2018, the total return securities outperformed over this period.
of the Fund in USD (the Base Currency of the Fund) was -4.70%,
broadly reflecting the performance of small companies in developed
markets.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 4
Investment Manager’s Reports (continued)
Global Targeted Value Fund (continued) Over the one year period ending 30 November 2018, the total return
The Fund is fully invested and seeks to capture the returns of global of the Fund in U.S. Dollars (the Base Currency of the Fund) was
small and mid-cap value companies. Fair value adjustments and the -9.24%, broadly reflecting the performance of small companies in
time of valuation of currency can create differences between the Pacific Basin markets. This compares to a total return of -7.13% for
performance of the Fund versus the Index. The Index has been the MSCI Pacific Small Cap Index (the "Index"). The Fund’s
included for market context purposes only. exclusion of real estate investment trusts contributed to relative
underperformance, as these securities outperformed over this
Global Ultra Short Fixed Income Fund period.
The Global Ultra Short Fixed Income Fund (the “Fund”) has been
invested in a broad range of high quality fixed income instruments The Fund is fully invested and seeks to be well positioned to capture
with maturities up to two years. As at 30 November 2018, the Fund the returns of small companies in the Pacific Basin. Fair value
was diversified across 5 currencies, and issuers from 15 countries adjustments and the time of valuation of currency can create
as well as supranational organisations. differences between the performance of the Fund versus the Index.
The Index has been included for market context purposes only.
For the twelve months ending 30 November 2018, the total return of
the Fund in GBP was 0.29%. This compares to a return of the ICE Sterling Inflation Linked Intermediate Duration Fixed
BofAML British Pound 1-Month Deposit Offered Rate Constant Income Fund
Maturity Index (the "Index") of 0.57%. The funds U.S. Dollar The Sterling Inflation Linked Intermediate Fund (the “Fund”) has
exposure resulted in the relative underperformance over this period. been invested in sterling inflation linked issues of the U.K.
The Index has been included for market context purposes only. government with maturities between three and twenty years.
Global Value Fund Over the one-year period ending 30 November 2018, the total return
The Global Value Fund (the “Fund”) has been invested in a broad was 2.67%. This compares to the return of the Barclays UK
range of large cap value companies across developed world markets Government Inflation-Linked 5-15 years Index (the "Index") of
and as at 30 November 2018 had holdings in approximately 700 3.43%. The funds underweight to short and long-dated inflation-
companies. This reflects our approach of seeking to deliver highly protected bonds and overweight to intermediate-dated inflation-
diversified exposure to developed value companies. protected bonds resulted in the relative underperformance over this
period. The Index has been included for market context purposes
Over the one year period ending 30 November 2018 the total return only.
of the Fund in U.S. Dollars (the Base Currency of the Fund) was
-3.07%, broadly reflecting the performance of low relative price U.S. Core Equity Fund
companies in developed markets. This compares to a return of The U.S. Core Equity Fund (the “Fund”) has been invested in a
-1.88% for the MSCI World Value Index (the "Index"). The Fund’s broad range of U.S. companies with increased exposure to
greater emphasis to low relative price companies, which companies with high book-to-market ratios and smaller market
underperformed developed markets overall, resulted in the relative capitalisations. As at 30 November 2018, the Fund had exposure to
underperformance over this period. approximately 1,900 companies which reflects our approach of
seeking to deliver highly diversified exposure to US companies.
The Fund is fully invested and seeks to capture the returns of global
large cap value companies. Fair value adjustments and the time of Over the one year period ending 30 November 2018, the total return
valuation of currency can create differences between the of the Fund in U.S. Dollars (the Base Currency of the Fund) was
performance of the Fund versus the Index. The Index has been 1.78%, reflecting the performance of the US market. This compares
included for market context purposes only. to a total return of 4.96% for the Russell 3000 Index (the "Index").
The Fund’s greater emphasis to low relative price companies and
Pacific Basin Small Companies Fund companies with smaller market capitalisations, which
The Pacific Basin Small Companies Fund (the “Fund”) has been underperformed the US market overall, resulted in the relative
invested in a broad range of small companies across the Pacific underperformance over this period.
Basin region (Australia, Hong Kong, Japan, New Zealand,
The Fund is fully invested and seeks to capture the returns of the
Singapore, South Korea and Taiwan – South Korea and Taiwan are
US market. The Index has been included for market context
included in the Fund to increase diversification although they are not
purposes only.
in the MSCI Pacific Small Cap Index) and as at 30 November 2018
had holdings in approximately 2,700 companies. This reflects our
U.S. Small Companies Fund
approach of seeking to deliver highly diversified exposure to Pacific
The U.S Small Companies Fund (the “Fund”) has been invested in a
Basin small companies.
broad range of U.S. small companies and as of 30 November 2018
had holdings in approximately 1,700 companies. This reflects our
approach of seeking to deliver highly diversified exposure to U.S.
small companies.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 5
Investment Manager’s Reports (continued)
U.S. Small Companies Fund (continued) World Allocation 40/60 Fund
Over the one year period ending 30 November 2018, the total return The World Allocation 40/60 Fund (the “Fund”) has been invested in a
of the Fund in U.S. Dollars (the Base Currency of the Fund) was broad range of equity securities of companies across developed and
-1.49%, broadly reflecting the performance of small companies in the emerging markets and fixed income securities of issuers in global
U.S. market. This compares to a total return of 0.20% for the Russell developed countries. The equity component of the Fund will
2000 Index (the "Index"). The Fund’s lesser allocation to small, high generally have a greater allocation to companies that are deemed to
growth securities with low levels of profitability, which outperformed be small companies and value companies. The fixed income
other small cap companies, contributed to the relative component will generally be invested in a broad range of high quality
underperformance over the period. fixed income issues with maturities at or below five years. The
aggregate exposure to equity and fixed income securities is
The Fund is fully invested and seeks to be well positioned to capture approximately 40% and 60% respectively.
the returns of U.S. small companies. The Index has been included
for market context purposes only. As at 30 November 2018, the equity component of the Fund had
exposure to approximately 13,000 companies reflecting an approach
World Allocation 20/80 Fund of seeking to deliver highly diversified exposure to developed and
The World Allocation 20/80 Fund (the “Fund”) has been invested in a emerging markets companies.
broad range of equity securities of companies across developed and
emerging markets and fixed income securities of issuers in global As at 30 November 2018 the fixed income component of the Fund
developed countries. The equity component of the Fund will was diversified across approximately 750 bonds from 19 different
generally have a greater allocation to companies that are deemed to countries as well as supranational organisations and had an average
be small companies and value companies. The fixed income credit rating of AA.
component will generally be invested in a broad range of high quality
fixed income issues with maturities at or below five years. The Over the one year period ending 30 November 2018, the return of
aggregate exposure to equity and fixed income securities is the Fund was 0.59% in Pounds Sterling (the Base Currency of the
approximately 20% and 80% respectively. Fund). This compares to a return of 1.91% for the 40% MSCI World
All Country Index / 60% Citigroup WGBI Currency Hedged 1 to 5
As at 30 November 2018, the equity component of the Fund had Year Index (the "Index"). Within equities the Fund underperformed
exposure to approximately 11,100 companies reflecting an approach its comparable Index due to a greater allocation to smaller
of seeking to deliver highly diversified exposure to developed and capitalisations securities. Within fixed income the Fund outperformed
emerging markets companies. its comparable index due to a greater allocation to securities with
longer durations in Euro-area yield curves.
As at 30 November 2018 the fixed income component of the World
Allocation 20/80 Fund was diversified across approximately 750 Fair value adjustments and the time of valuation of currency can
bonds from 19 different countries as well as supranational create differences between the performance of the Fund versus the
organisations and had an average credit rating of AA. Index. The Index has been included for market context purposes
only.
Over the one year period ending 30 November 2018, the total return
of the Fund was 0.09% in Pounds Sterling (the Base Currency of the World Allocation 60/40 Fund
Fund). This compares to a return of 0.81% for the 20% MSCI World The World Allocation 60/40 Fund (the “Fund”) has been invested in a
All Country Index /80% Citigroup WGBI Currency Hedged 1 to 5 broad range of equity securities of companies across developed and
Year Index (the "Index"). Within equities the Fund underperformed emerging markets and fixed income securities of issuers in global
its comparable Index due to a greater allocation to smaller developed countries. The equity component of the Fund will
capitalisations securities. Within fixed income the Fund outperformed generally have a greater allocation to companies that are deemed to
its comparable index due to a greater allocation to securities with be small companies and value companies. The fixed income
longer durations in Euro-area yield curves. component will generally be invested in a broad range of high quality
fixed income issues with maturities at or below five years. The
Fair value adjustments and the time of valuation of currency can aggregate exposure to equity and fixed income securities is
create differences between the performance of the Fund versus the approximately 60% and 40% respectively.
Index. The Index has been included for market context purposes
only. As at 30 November 2018, the equity component of the Fund had
exposure to approximately 13,000 companies reflecting an approach
of seeking to deliver a highly diversified exposure to developed and
emerging markets companies.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 6
Investment Manager’s Reports (continued)
World Allocation 60/40 Fund (continued) World Equity Fund
As at 30 November 2018, the fixed income component of the World The World Equity Fund (the “Fund”) has been invested in a broad
Allocation 60/40 Fund was diversified across approximately 750 range of companies with increased exposure to companies with high
bonds from 19 different countries as well as supranational book-to-market ratios and smaller market capitalisations across
organisations and had an average credit rating of AA. developed and emerging markets.
Over the one year period ending 30 November 2018, the return of As at 30 November 2018, the Fund had exposure to approximately
the Fund was 0.79% in Pounds Sterling (the Base Currency of the 9,600 companies reflecting our approach of delivering highly
Fund). This compares to a return of 2.99% for the 60% MSCI World diversified exposure to developed and emerging markets
All Country Index / 40% Citigroup WGBI Currency Hedged 1 to 5 companies.
Year Index (the "Index"). Within equities the Fund underperformed
its comparable Index due to a greater allocation to smaller Over the one year period ending 30 November 2018, the return of
capitalisations securities. Within fixed income the Fund outperformed the Fund was 1.45% in Pounds Sterling (the Base Currency of the
its comparable index due to a greater allocation to securities with Fund), broadly reflecting the performance of global equity markets.
longer durations in Euro-area yield curves. This compares to a return of 5.05% for the MSCI All Country World
Index (the "Index"). The Fund’s greater allocation to companies with
Fair value adjustments and the time of valuation of currency can smaller market capitalisations, which underperformed overall,
create differences between the performance of the Fund versus the resulted in the relative underperformance over the period.
Index. The Index has been included for market context purposes
only. The Fund is fully invested and seeks to capture the returns of global
markets. Fair value adjustments and the time of valuation of
World Allocation 80/20 Fund currency can create differences between the performance of the
The World Allocation 80/20 Fund (the “Fund”) has been invested in a Fund versus the Index. The Index has been included for market
broad range of equity securities of companies across developed and context purposes only.
emerging markets and fixed income securities of issuers in global
developed countries. The equity component of the Fund will Dimensional Fund Advisors Ltd.
generally have a greater allocation to companies that are deemed to March 2019
be small companies and value companies. The fixed income
component will generally be invested in a broad range of high quality
fixed income issues with maturities at or below five years. The
aggregate exposure to equity and fixed income securities is
approximately 80% and 20% respectively.
As at 30 November 2018, the equity component of the Fund had
exposure to approximately 13,000 companies reflecting an approach
of seeking to deliver highly diversified exposure to developed and
emerging markets companies.
As at 30 November 2018 the fixed income component of the World
Allocation 80/20 Fund was diversified across approximately 550
bonds from 19 different countries as well as supranational
organisations and had an average credit rating of AA.
Over the one year period ending 30 November 2018, the return of
the Fund was 0.43% in Pounds Sterling (the Base Currency of the
Fund). This compares to a return of 4.04% for the 80% MSCI World
All Country Index / 20% Citigroup WGBI Currency Hedged 1 to 5
Year Index (the "Index"). Within equities the Fund underperformed
its comparable Index due to a greater allocation to smaller
capitalisations securities. Within fixed income the Fund performed
in-line with its comparable index.
Fair value adjustments and the time of valuation of currency can
create differences between the performance of the Fund versus the
Index. The Index has been included for market context purposes
only.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 7
Directors’ Report
The Directors (the “Directors”) of Dimensional Funds plc (the “Company”) submit this Annual Report together with the audited financial statements
for the financial year ended 30 November 2018. As at 30 November 2018 there were 22 active funds (30 November 2017: 22) (each a “Fund”,
together the “Funds”).
The Company is established as an umbrella investment company with segregated liability between Funds and variable capital incorporated in
Ireland as a public limited company pursuant to the Companies Act, 2014 and the European Communities (Undertakings for Collective Investment
in Transferable Securities) Regulations, 2011 (as amended), and under the Central Bank (Supervision & Enforcement) Act 2013 (Section 48(1))
(Undertakings for Collective Investment in Transferable Securities) Regulations, 2015 (together the “UCITS Regulations”).
The Company is constituted as an umbrella fund insofar as the share capital of the Company will be divided into different portfolios of assets which
will comprise separate Funds. In accordance with the requirements of the Central Bank of Ireland (the “Central Bank”) UCITS Regulations, shares
may be divided into different classes to accommodate different subscription and/or redemption charges and/or charges and/or dividend and/or fee
arrangements. The portfolio of assets maintained and comprising a separate Fund will be invested in accordance with the investment objectives
and policies applicable to such Fund. The Directors of the Company have established 30 Funds as at 30 November 2018 (30 November 2017:
30 Funds), all of which have been approved by the Central Bank.
Emerging Markets Large Cap Core Equity Fund
Emerging Markets Value Fund
Emerging Markets Value II Fund*
Euro Inflation Linked Intermediate Duration Fixed Income Fund
European Core Equity Fund*
European Small Companies Fund
European Value Fund
Global Core Equity Fund
Global Core Equity II Fund*
Global Core Fixed Income Fund*
Global Short Fixed Income Fund
Global Short Fixed Income II Fund*
Global Short-Term Investment Grade Fixed Income Fund
Global Small Companies Fund
Global Sustainability Core Equity Fund
Global Targeted Value Fund
Global Ultra Short Fixed Income Fund
Global Value Fund
Japan Core Equity Fund*
Pacific Basin Small Companies Fund
Sterling Inflation Linked Intermediate Duration Fixed Income Fund
U.S. Core Equity Fund
U.S. Small Companies Fund
U.S. Small Companies II Fund*
U.S. Value Fund*
World Allocation 20/80 Fund
World Allocation 40/60 Fund
World Allocation 60/40 Fund
World Allocation 80/20 Fund
World Equity Fund
* These Funds had not issued any shares to investors from the date of their approval, as at 30 November 2018.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 8
Directors’ Report (continued)
Statement of Directors’ Responsibilities
The Directors are responsible for preparing the Annual Report and the financial statements in accordance with applicable Irish law and Financial
Reporting Standard 102 (“FRS 102”); the Financial Reporting Standard applicable in the UK and Republic of Ireland.
Irish Company law requires the Directors to prepare financial statements for each financial year that give a true and fair view of the assets, liabilities
and financial position for the Company and of the profit or loss of the Company for that financial year. In preparing the financial statements, the
Directors are required to:
• select suitable accounting policies and then apply them consistently;
• make judgements and estimates that are reasonable and prudent;
• state, whether the financial statements have been prepared in accordance with applicable accounting standards, and note the effect &
reasons for any departure from these standards; and
• prepare the financial statements on a going concern basis unless it is inappropriate to presume that the Company will continue in
business.
The Directors confirm that they have complied with the above requirements in preparing the financial statements.
The Directors are responsible for keeping adequate accounting records which disclose, with reasonable accuracy at any time, the financial position
of the Company and to enable them to ensure that the financial statements are prepared in accordance with accounting standards generally
accepted in Ireland and that they comply with the Companies Act, 2014 and the UCITS Regulations. They are also responsible for safeguarding the
assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Under the UCITS Regulations, the Directors are required to entrust the assets of the Company to the depositary for safe-keeping. In carrying out
this duty, the Directors have delegated custody of the Company’s assets to State Street Custodial Services (Ireland) Limited (the “Depositary”).
The measures taken by the Directors to secure compliance with the Company’s obligations to keep adequate accounting records include the use of
appropriate systems and procedures and employment of competent persons. The accounting records are retained at the offices of State Street
Fund Services (Ireland) Limited, 78 Sir John Rogerson’s Quay, Dublin 2, Ireland (the “Administrator”). The Investment Manager is responsible for
the maintenance and integrity of the corporate and financial information regarding the Company included on the Investment Manager's website.
Legislation in the Republic of Ireland governing the preparation and dissemination of financial statements may differ from legislation in other
jurisdictions.
Principal Activities and Review of the Business
The Company has been formed to provide investors with an opportunity to purchase shares in a series of investment funds.
The investment objective of the Emerging Markets Large Cap Core Equity Fund is to seek long term capital appreciation.
The investment objective of the Emerging Markets Value Fund, Emerging Markets Value II Fund, European Core Equity Fund, European Small
Companies Fund, European Value Fund, Global Core Equity Fund, Global Core Equity II Fund, Global Small Companies Fund, Global
Sustainability Core Equity Fund, Global Targeted Value Fund, Global Value Fund, Japan Core Equity Fund, Pacific Basin Small Companies Fund,
U.S. Core Equity Fund, U.S. Small Companies Fund, U.S Small Companies II Fund, U.S. Value Fund, World Allocation 20/80 Fund, World
Allocation 40/60 Fund, World Allocation 60/40 Fund, World Allocation 80/20 Fund and World Equity Fund, is to maximise or achieve long-term total
return.
The investment objective of the Euro Inflation Linked Intermediate Duration Fixed Income Fund and the Sterling Inflation Linked Intermediate
Duration Fixed Income Fund is to seek to provide inflation protected intermediate-term fixed income return.
The investment objective of the Global Ultra Short Fixed Income Fund is to seek to maximise returns from investment in short-term debt.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 9
Directors’ Report (continued)
Principal Activities and Review of the Business (continued)
The investment objective of the Global Short Fixed Income Fund and the Global Short Fixed Income II Fund is to seek to maximise current income
while preserving capital.
The investment objective of the Global Core Fixed Income Fund and Global Short-Term Investment Grade Fixed Income Fund is to seek to
maximise total returns from the universe of debt obligations in which the Fund invests.
A review of the performance of the Company together with an analysis of key financial and non-financial performance indicators is available in the
Investment Manager’s Reports.
Significant Events during the Financial Year
A Prospectus addendum was issued on 8 December 2017. It was supplemental to the Prospectus dated 23 March 2017. The main changes were
as follows:
1. To increase the capped amount of annual remuneration payable to Directors and the Chairperson, with effect from 1 December 2017.
2. To clarify that expenses incurred in the provision of information required in connection with the distribution of the Fund or information
required for regulatory purposes may be borne out of the assets of the Fund.
3. To reflect that Victoria Parry had been appointed as a Director.
4. To reflect that David G. Booth, David Salisbury and Eduardo Repetto had resigned as Directors.
5. Clarification to the method of valuing assets of the Company.
6. Update to include information on taxation in Germany and disclosure in the investment policies of the applicable Funds in connection with
German tax changes which took effect on 1 January 2018.
A Prospectus addendum was issued on 4 April 2018. It was supplemental to the Prospectus dated 23 March 2017. The main changes were as
follows:
1. To include language in the Prospectus to reflect that Nathan Lacaze has been appointed as a Director of the Company.
2. To update the Prospectus to include a disclosure in the investment policies of the World Allocation 60/40 Fund in connection with German
taxation changes which took effect on 1 January 2018.
3. To add a new USD Accumulation Share Class to the following Funds:
i. World Allocation 40/60 Fund, and
ii. World Allocation 60/40 Fund.
On 5 June 2018, the Euro Inflation Linked Long Duration Fixed Income Fund was revoked by the Central Bank of Ireland.
A new Prospectus was issued on 8 June 2018. The main changes were as follows:
1. To include disclosure for investors in Dubai International Financial Centre.
2. To remove the Euro Inflation Linked Long Duration Fixed Income Fund.
3. To remove certain Share Classes.
4. To add a JPY Accumulation Share Classes to the Global Small Companies Fund and the Global Targeted Value Fund.
5. To amend the investment policies of the Emerging Markets Large Cap Core Equity Fund and the Emerging Markets Value Fund to reflect
that each may invest up to 20% in global developed countries (though their percentage may be higher, for short periods).
6. Additional risk factors were added including “Brexit”, “Bail-in risk”, “Call-in risk” and “Country/Region market risk”.
7. Disclosure was added in relation to the General Data Protection Regulation (“GDPR”).
8. Updates to the Irish taxation section.
9. Change to the period within which written confirmation of ownership of shares is sent, from 10 to 7 days.
10. Amendment to definition of “Business Day”.
11. Updates to the list of delegated global sub-custodians.
Arthur Barlow resigned from the Board of Directors on 1 July 2018.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 10
Directors’ Report (continued)
Significant Events during the Financial Year (continued)
A Prospectus addendum was issued on 5 November 2018. It was supplemental to the Prospectus dated 8 June 2018. The main changes were as
follows:
1. To incorporate a new Fund of the Company, the Global Core Fixed Income Fund.
2. To add new SGD Accumulation Class to European Value Fund, Pacific Basic Small Companies Fund and World Allocation 60/40 Fund.
3. To amend the section headed "Determination of Net Asset Value" to clarify the method of valuing assets of the Company.
4. To include language in the Prospectus to reflect that Arthur Barlow had resigned as a Director of the Company.
There were no other significant events during the financial year end which required adjustment to, or disclosure in, these financial statements.
Outlook
Our goal at Dimensional is to deliver an outstanding investment experience to our clients. Our close ties to academia help us to identify leading
research that can be beneficial to investors, and our team works to interpret, rigorously test, and consider the practical applicability of those ideas in
carefully implemented investment strategies. This focus on research and implementation has been central to Dimensional’s approach since our
founding and will continue to be a key part of our offer to investors.
Risk Management Objectives and Policies
Information in relation to the Company’s Risk Management Objectives and Policies are included in note 11 to the financial statements.
Brexit
On 29 March 2017, the United Kingdom (UK) resolved to leave the European Union (EU) (Brexit).
Ireland will remain a member of the EU. The Company remains an EU regulated UCITS that can avail of passporting rights under the UCITS
Regulations to market and sell shares in the Funds in the EU, subject to complying with the terms of the UCITS Regulations.
The Company has appointed Dimensional Fund Advisors Ltd. ("DFAL"), a UK company, as its investment manager. UCITS funds are entitled to
have non-EU investment managers. Accordingly, DFAL should be in a position to continue to act as investment manager to the Company post-
Brexit, now that the necessary regulator-to-regulator cooperation arrangements have been agreed.
Brexit may negatively impact the Company by:
• changes in law and tax treatment resulting from Brexit, including as regards any UK situate investments held by the Fund in question;
and/or
• the continued market uncertainty regarding the exit process, which could negatively impact the value of investments held by the Company
and make it more difficult to raise capital in the EU in the short term and/or the long term. The memorandum and articles of association
and prospectus of the Company contain provision for certain liquidity management tools to help manage market volatility (e.g. ability to
control large redemption requests, temporary suspension, redemption in specie).
No assurance can be given that such matters will not adversely affect the Company and/or DFAL's ability to achieve the Funds' respective
investment objectives.
Segregated Liability
The Company is an umbrella investment company with segregated liability between Funds.
Results and Dividends
The Directors may declare dividends in respect of any redeemable shares out of net income (including dividend and interest income) and the
excess of realised and unrealised capital gains over realised and unrealised losses in respect of investments of the Company.
The Directors anticipate that there will be no dividend distributions in respect of the accumulation classes of the Funds. Accordingly, income and
capital gains arising in respect of the accumulation classes of the Funds will be re-invested in the relevant Fund and reflected in the net asset value
per share of the relevant Fund.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 11
Directors’ Report (continued)
Results and Dividends (continued)
The Directors anticipate making dividend distributions in respect of the distributing classes of the Funds. Accordingly, any income arising in respect
of the distributing classes of the Funds, will be distributed to investors in the relevant Fund in accordance with their respective shareholdings.
Dividends of the GBP distributing class and SGD distributing class will normally be declared by the Directors for the periods ending 31 May and 30
November. Dividends of the JPY distributing classes, if any are declared by the Directors, will normally be declared for the periods ending 28
February, 31 May, 31 August and 30 November. Dividends of the other distributing classes will normally be declared by the Directors for the period
ending 30 November. For the financial year ended 30 November 2018 and 30 November 2017 there was no SGD distributing class shares in issue
for any Fund.
Dividends declared and paid during the financial year are disclosed in note 14 to the financial statements.
Connected party transactions
Central Bank UCITS Regulations 'Restrictions of transactions with connected persons' states that 'a responsible person shall ensure that any
transaction between a UCITS and a connected person is conducted a) at arm’s length; and b) in the best interest of the unit-holders of the UCITS'.
As required under Central Bank UCITS Regulations, the Directors, as responsible persons are satisfied that there are in place arrangements,
evidenced by written procedures, to ensure that the obligations that are prescribed by Regulation 41(1) are applied to all transactions with a
connected party; and all transactions with connected parties that were entered into during the financial year to which the report relates complied
with the obligations that are prescribed by Regulation 41(1).
Significant events after the Financial Year End
Global Core Fixed Income Fund launched on 11 December 2018.
There were no other significant events after the financial year end which required adjustment to, or disclosure in, these financial statements.
Directors
The names of the persons who were Directors during the financial year ended 30 November 2018 are set out on page 2.
Directors’ and Secretary’s Interests in Shares and Contracts
The authorised share capital of the Company is 500,000,030,000 shares of no par value divided into 30,000 subscriber shares of no par value, and
500,000,000,000 shares of no par value, initially designated as unclassified shares. As at 30 November 2018 Dimensional Fund Advisors LP, Peter
Blessing, David G. Booth, Dermot S.L. Butler, Arthur Barlow and Catherine L. Newell held one subscriber share each (fully paid-up) in the Company
(30 November 2017: Dimensional Fund Advisors LP, Peter Blessing, David G. Booth, Dermot S.L. Butler, Arthur Barlow and Catherine L. Newell).
Arthur Barlow, Gregory K. Hinkle, Nathan Lacaze, Catherine L. Newell, Gerard O'Reilly and John Romiza as employees of the Investment Manager
or the Sub-Advisors during, or part of, the financial year ended 30 November 2018, are not entitled to remuneration from the Company for this
financial year.
Aside from the information disclosed above, the Directors and Secretary had no other interest in the shares of the Funds as at and during the
financial years ended 30 November 2018 or 30 November 2017. No Director had a material interest in any other contract of significance, during or
at the end of the financial year, in relation to the business of the Company.
Compliance statement
The Directors acknowledge that they are responsible for securing the Company’s compliance with its relevant obligations. These include all
requirements of the Company under Section 225 of Companies Act, 2014 and all tax law within the Republic of Ireland (the “relevant obligations”).
In keeping with this responsibility, the Directors have:
• prepared a compliance statement setting out the Company's policies (that, in the Directors’ opinion, are appropriate to the Company) for
compliance by the Company with its relevant obligations;
• adequate structures in place, that in the Directors’ opinion are designed to secure material compliance with the Company’s relevant
obligations; and
• an annual review procedure in place to review the Company's relevant obligations and ensure a structure is in place to comply with these
obligations.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 12
Directors’ Report (continued)
Audit Committee
The Directors are aware of section 167 of the Companies Act, 2014 which requires certain companies to establish an audit committee. For the year
ending 30 November 2018, the Directors confirm that they did not establish an audit committee due to the fact that the Board believes that the
Company already has adequate procedures in place that cover, in all material respects, the areas of responsibility of an audit committee, as
provided for in Section 167(7) of the Companies Act, 2014 and in light of the nature, scale and complexity of the Company's sub-funds, the Board
does not believe that a separate audit committee is required in the circumstances.
Relevant Audit Information
To the best of each Director's knowledge, at the time that the financial statements are approved, there is no relevant audit information of which the
Company's auditors are unaware and the Directors have taken all reasonable steps that should have been taken as Directors in order to make
themselves aware of any relevant audit information and to establish that the Company's auditors are aware of that information.
Independent Auditors
The Auditors, PricewaterhouseCoopers, will be re-appointed and continue in office in accordance with section 383(2) of the Companies Act, 2014.
Corporate Governance Statement
The Company is subject to and complies with Irish Statute comprising the Companies Act, 2014, the UCITS Regulations and the Listing Rules of
Euronext Dublin (formerly Irish Stock Exchange ("ISE")), as applicable to investment funds, and with the business plan of the Company.
Although there is no specific statutory corporate governance code applicable to Irish collective investment schemes whose shares are admitted to
trading on Euronext Dublin, the Company is subject to corporate governance practices imposed by:
(i) The Companies Act, 2014 which are available for inspection at the registered office of the Company and may also be obtained at
www.irishstatutebook.ie;
(ii) The Articles of Association of the Company which are available for inspection at the registered office of the Company and at the
Companies Registration Office in Ireland;
(iii) The Central Bank in their UCITS Regulations and Guidance Notes which can be obtained from the Central Bank’s website at:
www.centralbank.ie and are available for inspection at the registered office of the Company; and
(iv) Euronext Dublin through the Euronext Dublin Code of Listing Requirements and Procedures which can be obtained from the Euronext
Dublin's website at http://www.ise.ie (for the listed classes of the Company only).
A voluntary corporate governance code (the “Code”) was issued by Irish Funds (formerly the Irish Funds Industry Association) in December 2011.
The Board of Directors (the “Board”) adopted the Code with effect from 31 December 2012. Paragraph 4.1 of the Code recommends that the Board
comprise a majority of non-executive Directors. The Board currently consists of seven non-executive and one executive Director.
Diversity
The Company is subject to a number of legal and regulatory requirements regarding the make-up of its board of directors (the "Board") including the
European Communities (Undertakings for Collective Investment in Transferable Securities (Regulations 2011) as amended), the Central Bank
(Supervision and Enforcement) Act 2013 (Section 48(1)) (Undertakings for Collective Investment in Transferable Securities (Regulations, 2015 (as
amended)) and the Companies Act, 2014 (as amended). In addition, the Company has adopted the Irish Fund's Corporate Governance Code for
Collective Investment Schemes and Management Companies which includes requirements regarding board composition.
As a consequence, the Company is obliged to have at least two directors resident in Ireland, to have at least one independent director and to have
a majority of non-executive directors (as defined for the purposes of the Corporate Governance Code). In addition, the Company is obliged to
ensure that each of its directors meet all legal and regulatory requirements including being of sufficiently good repute and sufficiently experienced in
relation to the type of business carried out by the Company, that all directors meet the Central Bank's fitness and probity requirements and that the
Board of the Company has a good balance of skill and expertise so as to enable it to properly and effectively conduct the business of the Company.
These requirements aim to ensure a diverse and balanced range of skills as between the directors on the Board.
In addition, the Board has adopted a retirement policy and is obliged to have regard to the educational and professional background of any
prospective directors. At this time the Board does not have a specific policy as regards gender representation on the Board but is subject to other
legal, regulatory and corporate governance requirements applicable to the Company's appointment of prospective directors.
The Board has regard to the various requirements set out above when considering any prospective new appointments to the Board.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 13
Directors’ Report (continued)
Financial Reporting Process – Description of Main Features
The Board is ultimately responsible for overseeing the establishment and maintenance of adequate internal control and risk management systems
of the Company in relation to the financial reporting process. As the Company has no employees, all functions including the preparation of the
financial statements have been outsourced. The Company has appointed State Street Fund Services (Ireland) Limited as its Administrator
consistent with the regulatory framework applicable to investment fund companies such as the Company.
On appointing the Administrator the Board noted that it was regulated by the Central Bank and, in the Board’s opinion, had significant experience as
an administrator. The Board also noted the independence of the Administrator from the Company’s Investment Manager. Subject to the supervision
of the Board, the appointment of the Administrator is intended to manage rather than eliminate the risk of failure to achieve the Company’s financial
reporting objectives and can only provide reasonable and not absolute assurance against material misstatement or loss.
The annual and interim financial statements of the Company are required to be approved by the Board of the Company and filed with the Central
Bank. The annual financial statements are also required to be filed with Euronext Dublin. The annual financial statements are required to be audited
by independent auditors who report annually to the Board on their findings. The Board evaluates and discusses significant accounting and reporting
issues as the need arises.
Risk Assessment
The Board is responsible for assessing the risk of irregularities whether caused by fraud or error in financial reporting and for putting processes in
place for the timely identification of internal and external matters with a potential effect on financial reporting. The Board’s appointment of an
Administrator and Depositary independent of the Investment Manager to the Company and which is regulated by Central Bank is intended to
mitigate though not eliminate the risk of fraud or irregularities which may impact the financial statements of the Company.
Monitoring
The Board receives regular presentations and reviews reports from the Depositary, Investment Manager and Administrator. The Board also has an
annual process to consider and address any control weaknesses identified and measures recommended by the independent auditors.
Capital Structure
No person has a significant direct or indirect holding of securities in the Company. No person has any special rights of control over the Company’s
share capital. There are no restrictions on voting rights.
For the appointment and replacement of Directors, the Company is governed by its Memorandum and Articles of Association, Irish Statute
comprising the Companies Act, 2014, the UCITS Regulations, the Listing Rules of Euronext Dublin as applicable to investment funds and the Code
which it adopted. The Articles of Association themselves may be amended by special resolution of the shareholders.
Composition and Operation of the Board of Directors
There are eight Directors currently, seven of whom are non-executive and three of whom are independent of the Investment Manager as required
by the Euronext Dublin Listing Rules for investment funds. All related party transactions during the financial year are detailed in note 10 to the
financial statements. The Articles of Association do not provide for retirement of Directors by rotation. However, the Directors may be removed by
the shareholders by ordinary resolution in accordance with the procedures established under the Irish Companies Act, 2014. The Board generally
meets at least quarterly.
The Directors have designated a sub-committee to carry out certain management functions of the Company, an independent committee consisting
of Peter Blessing, Dermot S.L. Butler and Victoria Parry (the "Independent Committee"). The Independent Committee is responsible for monitoring
compliance, monitoring of capital complaints handling and internal audit. The committee in conjunction with the Board is also responsible for
decision making and supervision of delegates.
The Directors had previously established a Management Committee of the Company, but in 2018 the Directors resolved to dissolve this Committee
as the work carried out by this Committee was now undertaken by the Designated Persons of the Company.
The Board is responsible for managing the business affairs of the Company in accordance with the Articles of Association. Subject to its supervision
and direction the Board has delegated the day to day administration of the Company to the Administrator and the Investment Management and
distribution functions to Dimensional Fund Advisors Ltd. as the Investment Manager. The Company has appointed State Street Custodial Services
(Ireland) Limited as the Depositary to the Company with responsibility for the safekeeping of the assets of the Company.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 14
Directors’ Report (continued)
Shareholders Meetings
The Annual General Meeting of the Company will usually be held in Dublin, normally during the month of August or such other date as the Directors
may determine. Notice convening the Annual General Meeting in each financial year at which the audited financial statements of the Company will
be presented (together with the Directors' and Auditors' Reports of the Company) will be sent to shareholders at their registered addresses not less
than 21 days before the date fixed for the meeting. Other general meetings may be convened from time to time by the Directors in such manner as
provided by Irish law.
Each of the shares entitles the holder to attend and vote at meetings of the Company and of the Fund represented by those shares. Matters will be
determined by a meeting of shareholders on a poll. Each share gives the holder one vote in relation to any matters relating to the Company which
are submitted to shareholders for a vote by poll. No business shall be transacted at any shareholder meeting unless a quorum is present. Two
shareholders present either in person or by proxy shall be a quorum for a general meeting. If within half an hour after the time appointed for a
meeting a quorum is not present, the meeting, if convened on the requisition of or by shareholders, shall be dissolved. In any other case it shall
stand adjourned to the same day in the next week, at the same time and place or to such other day and at such other time and place as the
Directors may determine. One shareholder present either in person or by proxy shall be a quorum for any such adjourned meeting.
Approved on behalf of the Board of Directors
Peter Blessing Dermot S.L. Butler
Peter Blessing Dermot S.L. Butler
Director Director
07 March 2019
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 15
Depositary Report to the Shareholders of Dimensional Funds plc
We have enquired into the conduct of the Company for the financial year ended 30 November 2018, in our capacity as Depositary to the Company.
This report including the opinion has been prepared for and solely for the shareholders in the Company as a body, in accordance with the UCITS
Regulations, and for no other purpose. We do not, in giving this opinion, accept or assume responsibility for any other purpose or to any other
person to whom this report is shown.
Responsibilities of the Depositary
Our duties and responsibilities are outlined in Regulation 34, (1), (3) and (4) in Part 5 of the UCITS Regulations. One of those duties is to enquire
into the conduct of the Company in each annual accounting period and report thereon to the shareholders.
Our report shall state whether, in our opinion, the Company has been managed in that period in accordance with the provisions of the Company’s
Memorandum and Articles of Association and the UCITS Regulations. It is the overall responsibility of the Company to comply with these
provisions. If the Company has not so complied, we as Depositary must state why this is the case and outline the steps which we have taken to
rectify the situation.
Basis of Depositary Opinion
The Depositary conducts such reviews as it, in its reasonable opinion, considers necessary in order to comply with its duties as outlined in
Regulation 34, (1), (3) and (4) in Part 5 of the UCITS Regulations and to ensure that, in all material respects, the Company has been managed:
(i) in accordance with the limitations imposed on its investment and borrowing powers by the provisions of the Company’s Memorandum and
Articles of Association and the UCITS Regulations; and
(ii) otherwise in accordance with the Company’s constitutional documentation and the appropriate regulations.
Opinion
In our opinion, the Company has been managed during the year, in all material respects:
(i) in accordance with the limitations imposed on the investment and borrowing powers of the Company by the Constitution, the UCITS
Regulations and the Central Bank (Supervision and Enforcement) Act 2013 (Section 48(1)) (Undertakings for Collective Investment in
Transferable Securities) Regulations 2015 (‘the Central Bank UCITS Regulations’); and
(ii) otherwise in accordance with the provisions of the Constitution, the UCITS Regulations and the Central Bank UCITS Regulations.
State Street Custodial Services (Ireland) Limited
78 Sir John Rogerson’s Quay
Dublin 2
Ireland
07 March 2019
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 16
Independent auditors’ report to the members of Dimensional Funds plc
Report on the audit of the financial statements
Opinion
In our opinion, Dimensional Funds plc’s financial statements:
• give a true and fair view of the Company’s and Funds’ assets, liabilities and financial position as at 30 November 2018
and of their results for the year then ended;
• have been properly prepared in accordance with Generally Accepted Accounting Practice in Ireland (accounting
standards issued by the Financial Reporting Council of the UK, including Financial Reporting Standard 102 “The
Financial Reporting Standard applicable in the UK and Republic of Ireland” and Irish law); and
• have been properly prepared in accordance with the requirements of the Companies Act 2014 and the European
Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011 (as amended).
We have audited the financial statements, included within the Annual Report and Audited Financial Statements, which comprise:
• the Statement of Financial Position as at 30 November 2018;
• the Statement of Comprehensive Income for the year then ended;
• the Statement of Changes in Net Assets Attributable to Holders of Redeemable Shares for the year then ended;
• the Portfolio of Investments for each of the Funds as at 30 November 2018; and
• the notes to the financial statements for the Company and for each of its Funds, which include a description of the
significant accounting policies.
Our opinion is consistent with our reporting to the Board of Directors.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (Ireland) (“ISAs (Ireland)”) and applicable law.
Our responsibilities under ISAs (Ireland) are further described in the Auditors’ responsibilities for the audit of the financial
statements section of our report. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a
basis for our opinion.
Independence
We remained independent of the Company in accordance with the ethical requirements that are relevant to our audit of the
financial statements in Ireland, which includes IAASA’s Ethical Standard as applicable to listed public interest entities, and we have
fulfilled our other ethical responsibilities in accordance with these requirements.
To the best of our knowledge and belief, we declare that non-audit services prohibited by IAASA’s Ethical Standard were not
provided to the Company.
We have provided no non-audit services to the Company in the period from 1 December 2017 to 30 November 2018.
Our audit approach
Overview
Materiality
• Overall materiality: 50 basis points of Net Assets Value ("NAV") at 30 November 2018 for
each of the Company’s Funds.
Audit scope
• The Company is an open-ended investment Company with variable capital and engages
Dimensional Fund Advisors Ltd. (the “Investment Manager”) to manage certain duties and
responsibilities with regards to the day-to-day management of the Company. We tailored
the scope of our audit taking into account the types of investments within the Funds, the
involvement of the third parties referred to overleaf, the accounting processes and controls,
and the industry in which the Company operates. We look at each of the Funds at an
individual level.
Key audit matters
• Valuation of financial assets and liabilities at fair value through profit or loss.
• Existence of financial assets and liabilities at fair value through profit or loss.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 17
Independent auditors’ report to the members of Dimensional Funds plc
(continued)
Report on the audit of the financial statements (continued)
The scope of our audit
As part of designing our audit, we determined materiality and assessed the risks of material misstatement in the financial
statements. In particular, we looked at where the directors made subjective judgements, for example the selection of pricing sources
to value the investment portfolio. As in all of our audits, we also addressed the risk of management override of internal controls,
including evaluating whether there was evidence of bias by the directors that represented a risk of material misstatement due to
fraud.
Key audit matters
Key audit matters are those matters that, in the auditors’ professional judgement, were of most significance in the audit of the
financial statements of the current period and include the most significant assessed risks of material misstatement (whether or not
due to fraud) identified by the auditors, including those which had the greatest effect on: the overall audit strategy; the allocation of
resources in the audit; and directing the efforts of the engagement team. These matters, and any comments we make on the results
of our procedures thereon, were addressed in the context of our audit of the financial statements as a whole, and in forming our
opinion thereon, and we do not provide a separate opinion on these matters. This is not a complete list of all risks identified by our
audit.
Key audit matter How our audit addressed the key audit matter
Valuation of financial assets and liabilities at fair value We tested the valuation of the investment portfolios by
through profit or loss independently repricing the positions using third party vendor
Refer to the Portfolio of Investments for each of the Funds, the sources. No material misstatements were identified from the
accounting policies set out in note 3, and note 11 (d) 'Fair value procedures performed.
estimation'.
The financial assets and liabilities at fair value through profit or
loss included in the Statement of Financial Position of each
Fund as at 30 November 2018 are valued at fair value in line
with Generally Accepted Accounting Practice in Ireland.
This is considered a key audit matter as it represents the
principal element of the financial statements.
Existence of financial assets and liabilities at fair value We sought to obtain independent confirmation from the
through profit or loss Depositary, underlying administrator for investment funds, or
Refer to the Portfolio of Investments for each of the Funds, and counterparties for derivatives, of the investment portfolios held
the accounting policies set out in note 3. at 30 November 2018, and reconciled the amounts confirmed to
the accounting records. No material misstatements were
The financial assets and liabilities at fair value through profit or identified from the procedures performed.
loss included in the Statement of Financial Position of each
Fund are held in each Fund’s name at 30 November 2018.
This is considered a key audit matter as it represents the
principal element of the financial statements.
How we tailored the audit scope
We tailored the scope of our audit to ensure that we performed enough work to be able to give an opinion on the financial
statements as a whole, taking into account the structure of the Company, the accounting processes and controls, and the industry in
which it operates.
As at 30 November 2018 there are 22 Funds operating. The Company's Statement of Financial Position, Statement of
Comprehensive Income, and Statement of Changes in Net Assets Attributable to Holders of Redeemable Shares are an aggregation
of the positions and results of the Funds.
The directors control the affairs of the Company and are responsible for the overall investment policy which is determined by them.
The Company engages the Investment Manager to manage certain duties and responsibilities with regards to the day to day
management of the Company. The Investment Manager has delegated certain responsibilities to State Street Fund Services
(Ireland) Limited (the "Administrator"). The financial statements, which remain the responsibility of the directors, are prepared on
their behalf by the Administrator. The Company has appointed StateStreet Custodial Services (Ireland) Limited (the “Depositary”)
to act as Depositary of the Company’s assets. In establishing the overall approach to our audit we assessed the risk of material
misstatement at a Fund level, taking into account the nature, likelihood and potential magnitude of any misstatement. As part of
our risk assessment, we considered the Company’s interaction with the Administrator, and we assessed the control environment in
place at the Administrator.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 18
Independent auditors’ report to the members of Dimensional Funds plc
(continued)
Report on the audit of the financial statements (continued)
Materiality
The scope of our audit was influenced by our application of materiality. We set certain quantitative thresholds for materiality.
These, together with qualitative considerations, helped us to determine the scope of our audit and the nature, timing and extent of
our audit procedures on the individual financial statement line items and disclosures and in evaluating the effect of misstatements,
both individually and in aggregate on the financial statements as a whole.
Based on our professional judgement, we determined materiality for the financial statements of each of the Company’s Funds as
follows:
Overall materiality and how we 50 basis points (2017: 50 basis points) of Net Assets Value ("NAV") at 30 November 2018
determined it for each of the Company’s Funds.
Rationale for benchmark We have applied this benchmark because the main objective of the Company is to provide
applied investors with a total return at a Fund level, taking account of the capital and income
returns.
We agreed with the Board of Directors that we would report to them misstatements identified during our audit above 5 basis points
of each Fund's NAV, for NAV per share impacting differences (2017: 5 basis points of each Fund’s NAV, for NAV per share
impacting differences) as well as misstatements below that amount that, in our view, warranted reporting for qualitative reasons.
Conclusions relating to going concern
We have nothing to report in respect of the following matters in relation to which ISAs (Ireland) require us to report to you where:
• the directors’ use of the going concern basis of accounting in the preparation of the financial statements is not
appropriate; or
• the directors have not disclosed in the financial statements any identified material uncertainties that may cast
significant doubt about the Company’s and Funds’ ability to continue to adopt the going concern basis of accounting
for a period of at least twelve months from the date when the financial statements are authorised for issue.
However, because not all future events or conditions can be predicted, this statement is not a guarantee as to the Company’s and
Funds’ ability to continue as going concerns.
Reporting on other information
The other information comprises all of the information in the Annual Report and Audited Financial Statements other than the
financial statements and our auditors’ report thereon. The directors are responsible for the other information. Our opinion on the
financial statements does not cover the other information and, accordingly, we do not express an audit opinion or, except to the
extent otherwise explicitly stated in this report, any form of assurance thereon. In connection with our audit of the financial
statements, our responsibility is to read the other information and, in doing so, consider whether the other information is
materially inconsistent with the financial statements or our knowledge obtained in the audit, or otherwise appears to be materially
misstated. If we identify an apparent material inconsistency or material misstatement, we are required to perform procedures to
conclude whether there is a material misstatement of the financial statements or a material misstatement of the other information.
If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are
required to report that fact. We have nothing to report based on these responsibilities.
With respect to the Directors’ Report, we also considered whether the disclosures required by the Companies Act 2014 have been
included.
Based on the responsibilities described above and our work undertaken in the course of the audit, ISAs (Ireland) and the
Companies Act 2014 require us to also report certain opinions and matters as described below:
Directors’ Report
• In our opinion, based on the work undertaken in the course of the audit, the information given in the Directors’ Report for
the year ended 30 November 2018 is consistent with the financial statements and has been prepared in accordance with
applicable legal requirements.
• Based on our knowledge and understanding of the Company and its environment obtained in the course of the audit, we
have not identified any material misstatements in the Directors’ Report.
Corporate governance statement
• In our opinion, based on the work undertaken in the course of the audit of the financial statements, the description of the
main features of the internal control and risk management systems in relation to the financial reporting process included
in the Corporate Governance Statement, is consistent with the financial statements and has been prepared in accordance
with section 1373(2)(c) of the Companies Act 2014.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 19
Independent auditors’ report to the members of Dimensional Funds plc
(continued)
Report on the audit of the financial statements (continued)
Corporate governance statement (continued)
• Based on our knowledge and understanding of the Company and its environment obtained in the course of the audit of the
financial statements, we have not identified material misstatements in the description of the main features of the internal
control and risk management systems in relation to the financial reporting process included in the Corporate Governance
Statement.
• In our opinion, based on the work undertaken during the course of the audit of the financial statements, the information
required by section 1373(2)(a),(b),(e) and (f) of the Companies Act 2014 and regulation 6 of the European Union
(Disclosure of Non-Financial and Diversity Information by certain large undertakings and groups) Regulations 2017 is
contained in the Corporate Governance Statement.
Responsibilities for the financial statements and the audit
Responsibilities of the directors for the financial statements
As explained more fully in the Statement of Directors’ Responsibilities set out on page 9, the directors are responsible for the
preparation of the financial statements in accordance with the applicable framework and for being satisfied that they give a true and
fair view.
The directors are also responsible for such internal control as they determine is necessary to enable the preparation of financial
statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the directors are responsible for assessing the Company’s and Funds’ ability to continue as
going concerns, disclosing as applicable, matters related to going concern and using the going concern basis of accounting unless
the directors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so.
Auditors’ responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material
misstatement, whether due to fraud or error, and to issue an auditors’ report that includes our opinion. Reasonable assurance is a
high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (Ireland) will always detect a
material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in
the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial
statements.
A further description of our responsibilities for the audit of the financial statements is located on the IAASA website at:
https://www.iaasa.ie/getmedia/b2389013-1cf6-458b-9b8f-
a98202dc9c3a/Description_of_auditors_responsibilities_for_audit.pdf.
This description forms part of our auditors’ report.
Use of this report
This report, including the opinions, has been prepared for and only for the Company’s members as a body in accordance with
section 391 of the Companies Act 2014 and for no other purpose. We do not, in giving these opinions, accept or assume
responsibility for any other purpose or to any other person to whom this report is shown or into whose hands it may come save
where expressly agreed by our prior consent in writing.
Other required reporting
Companies Act 2014 opinions on other matters
• We have obtained all the information and explanations which we consider necessary for the purposes of our audit.
• In our opinion the accounting records of the Company were sufficient to permit the financial statements to be readily and
properly audited.
• The financial statements are in agreement with the accounting records.
Companies Act 2014 exception reporting
Directors’ remuneration and transactions
Under the Companies Act 2014 we are required to report to you if, in our opinion, the disclosures of directors’ remuneration and
transactions specified by sections 305 to 312 of that Act have not been made. We have no exceptions to report arising from this
responsibility.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 20
Independent auditors’ report to the members of Dimensional Funds plc
(continued)
Report on the audit of the financial statements (continued)
Appointment
We were appointed by the directors on 14 January 2002 to audit the financial statements for the year ended 30 November 2002
and subsequent financial periods. The period of total uninterrupted engagement is 17 years, covering the years ended 30 November
2002 to 30 November 2018.
Olivia Hayden
for and on behalf of PricewaterhouseCoopers
Chartered Accountants and Statutory Audit Firm
Kilkenny
07 March 2019
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 21
Statement of Financial Position
as at 30 November 2018 and 30 November 2017
Emerging Markets Euro Inflation Linked
Large Cap Core Emerging Markets Intermediate Duration Fixed
Equity Fund Value Fund Income Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
Note USD USD USD USD EUR EUR
Assets
Financial assets at fair value through profit or loss 3(a), 10 419,087,879 466,107,825 1,934,721,906 2,012,824,931 32,124,490 20,833,450
Cash and cash equivalents 8 1,957,161 1,860,607 6,300,770 2,994,159 807,680 58,046
Cash collateral received 4 1,661,571 129,823 5,147,423 4,317,477 – –
Unrealised gain on forward contracts – – – – – –
Unrealised gain on futures contracts – – – – – –
Receivable for shares sold 163,784 34,648 1,817,131 1,009,593 18,900 153,255
Receivable for securities sold 8,279 280,782 795,225 646,774 – –
Interest and tax reclaims receivable – – – – 130,167 60,040
Dividends and tax reclaims receivable 310,916 164,226 1,891,030 1,579,868 – –
Amounts receivable from Investment Manager 6 – – – – 4,373 4,373
Prepaid fees – 1,825 17,604 22,919 43 2,411
Total Assets 423,189,590 468,579,736 1,950,691,089 2,023,395,721 33,085,653 21,111,575
Liabilities
Unrealised loss on forward contracts – – – – – –
Payable under securities loan agreements 4 (1,661,571) (129,823) (5,147,423) (4,317,477) – –
Management fees payable 6 (45,150) (59,045) (1,618,201) (1,679,311) (10,480) (6,773)
Payable for shares repurchased (743) (8,456) (684,171) (1,133,715) (16,503) (1,536)
Payable for securities purchased (452,081) (280,782) (1,158,492) (70,972) – –
Distributions payable (39,255) (25,804) (6,314,422) (4,506,499) (30,390) (25,697)
Capital gains tax payable (1,668,007) (661,928) (10,530,755) (5,661,629) – –
Accrued expenses (111,836) (109,982) (885,195) (1,221,031) (9,728) (5,805)
Total Liabilities (excluding net assets
attributable to holders of redeemable shares) (3,978,643) (1,275,820) (26,338,659) (18,590,634) (67,101) (39,811)
Net assets attributable to holders of
redeemable shares 419,210,947 467,303,916 1,924,352,430 2,004,805,087 33,018,552 21,071,764
The accompanying notes form an integral part of the financial statements.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 22
Statement of Financial Position
as at 30 November 2018 and 30 November 2017 (continued)
European Small European Global Core
Companies Fund Value Fund Equity Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
Note EUR EUR EUR EUR USD USD
Assets
Financial assets at fair value through profit or loss 3(a), 10 175,494,492 180,513,246 101,908,554 92,650,590 3,027,160,664 2,532,016,832
Cash and cash equivalents 8 601,057 677,516 362,708 248,172 14,688,059 11,670,935
Cash collateral received 4 3,348,556 4,444,420 388,999 194,238 16,428,526 7,224,203
Unrealised gain on forward contracts – – – – 11,333 44,750
Unrealised gain on futures contracts – – – – – –
Receivable for shares sold 150,252 223,304 130,646 107,019 4,479,471 6,747,846
Receivable for securities sold 121,589 412,901 126,830 507,660 557,946 177,226
Interest and tax reclaims receivable – – – – – –
Dividends and tax reclaims receivable 542,731 448,909 363,059 367,050 5,963,223 4,867,518
Amounts receivable from Investment Manager 6 – – – – – –
Prepaid fees 1,635 10,830 969 5,266 8,836 13,040
Total Assets 180,260,312 186,731,126 103,281,765 94,079,995 3,069,298,058 2,562,762,350
Liabilities
Unrealised loss on forward contracts – – – – (127,150) (7,469)
Payable under securities loan agreements 4 (3,348,556) (4,444,420) (388,999) (194,238) (16,428,526) (7,224,203)
Management fees payable 6 (150,280) (153,002) (69,115) (60,464) (1,515,060) (1,230,259)
Payable for shares repurchased (114,672) (143,171) (4,020) (53,348) (2,424,395) (1,929,047)
Payable for securities purchased (135,241) (16,737) (172,881) – (385,407) (34,150)
Distributions payable (1,562,964) (1,122,214) (1,292,648) (1,059,882) (20,568,278) (14,891,188)
Capital gains tax payable – – – – – –
Accrued expenses (77,724) (89,152) (40,686) (32,616) (623,275) (693,136)
Total Liabilities (excluding net assets
attributable to holders of redeemable shares) (5,389,437) (5,968,696) (1,968,349) (1,400,548) (42,072,091) (26,009,452)
Net assets attributable to holders of
redeemable shares 174,870,875 180,762,430 101,313,416 92,679,447 3,027,225,967 2,536,752,898
The accompanying notes form an integral part of the financial statements.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 23
Statement of Financial Position
as at 30 November 2018 and 30 November 2017 (continued)
Global Short Fixed Global Short–Term Investment Global Small
Income Fund Grade Fixed Income Fund Companies Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
Note EUR EUR USD USD USD USD
Assets
Financial assets at fair value through profit or loss 3(a), 10 2,511,053,416 2,219,645,380 1,081,464,437 906,618,719 525,111,339 553,527,330
Cash and cash equivalents 8 20,917,291 15,547,224 15,048,111 14,634,497 2,452,026 3,439,530
Cash collateral received 4 – – 3,541,400 2,809,365 7,535,365 7,274,215
Unrealised gain on forward contracts 14,659,304 27,455,666 10,758,373 12,731,967 – –
Unrealised gain on futures contracts – – – – – –
Receivable for shares sold 4,039,376 4,787,254 2,379,093 3,684,147 838,033 745,552
Receivable for securities sold – – 3,017,019 – 525,214 251,128
Interest and tax reclaims receivable 10,528,842 12,059,251 8,252,546 7,674,300 – –
Dividends and tax reclaims receivable – – – – 861,227 808,847
Amounts receivable from Investment Manager 6 – – – – – –
Prepaid fees 6,435 13,227 1,111 3,183 2,541 5,657
Total Assets 2,561,204,664 2,279,508,002 1,124,462,090 948,156,178 537,325,745 566,052,259
Liabilities
Unrealised loss on forward contracts (7,424,033) (19,632,137) (14,616,647) (6,887,587) – –
Payable under securities loan agreements 4 – – (3,541,400) (2,809,365) (7,535,365) (7,274,215)
Management fees payable 6 (1,053,895) (928,119) (465,698) (376,113) (398,924) (383,998)
Payable for shares repurchased (968,760) (733,986) (1,263,280) (705,577) (492,962) (274,063)
Payable for securities purchased (15,785,409) – – – (20,315) (299,360)
Distributions payable (8,982,315) (12,679,539) (5,768,782) (5,863,970) (2,219,650) (2,068,041)
Capital gains tax payable – – – – – –
Accrued expenses (514,319) (610,638) (209,285) (225,661) (159,887) (204,182)
Total Liabilities (excluding net assets
attributable to holders of redeemable shares) (34,728,731) (34,584,419) (25,865,092) (16,868,273) (10,827,103) (10,503,859)
Net assets attributable to holders of
redeemable shares 2,526,475,933 2,244,923,583 1,098,596,998 931,287,905 526,498,642 555,548,400
The accompanying notes form an integral part of the financial statements.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 24
Statement of Financial Position
as at 30 November 2018 and 30 November 2017 (continued)
Global Sustainability Global Targeted Global Ultra Short
Core Equity Fund Value Fund Fixed Income Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
Note USD USD USD USD GBP GBP
Assets
Financial assets at fair value through profit or loss 3(a), 10 240,708,645 191,042,613 2,731,632,819 2,596,854,903 706,487,147 595,284,157
Cash and cash equivalents 8 1,321,587 1,222,681 11,132,771 23,798,572 33,019,881 17,659,280
Cash collateral received 4 1,244,491 274,333 23,795,311 20,045,548 – 5,051,117
Unrealised gain on forward contracts – – – – 899,051 19,696,172
Unrealised gain on futures contracts – – – – –
Receivable for shares sold 425,009 542,627 3,879,190 7,712,611 1,147,781 1,292,701
Receivable for securities sold 2,548 70 1,688,372 89,087 – –
Interest and tax reclaims receivable – – – – 6,715,920 3,776,041
Dividends and tax reclaims receivable 350,932 603,466 4,928,725 4,020,859 – –
Amounts receivable from Investment Manager 6 10,137 33,199 - – 41,118 29,549
Prepaid fees 354 4,154 10,544 15,655 1,753 3,289
Total Assets 244,063,703 193,723,143 2,777,067,732 2,652,537,235 748,312,651 642,792,306
Liabilities
Unrealised loss on forward contracts – – – – (9,504,824) (2,197,979)
Payable under securities loan agreements 4 (1,244,491) (274,333) (23,795,311) (20,045,548) – (5,051,117)
Management fees payable 6 (143,132) (110,345) (2,309,839) (2,098,227) (221,310) (204,446)
Payable for shares repurchased (64,390) (64,803) (1,538,919) (3,405,569) (1,106,152) (484,835)
Payable for securities purchased – (557) (5,047) (6,367,722) – (7,744,713)
Distributions payable (841,675) (598,290) (12,608,674) (8,829,327) (4,690,438) (2,678,434)
Capital gains tax payable – – – – – –
Accrued expenses (62,127) (57,271) (587,736) (825,661) (126,178) (177,086)
Total Liabilities (excluding net assets
attributable to holders of redeemable shares) (2,355,815) (1,105,599) (40,845,526) (41,572,054) (15,648,902) (18,538,610)
Net assets attributable to holders of
redeemable shares 241,707,888 192,617,544 2,736,222,206 2,610,965,181 732,663,749 624,253,696
The accompanying notes form an integral part of the financial statements.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 25
Statement of Financial Position
as at 30 November 2018 and 30 November 2017 (continued)
Sterling Inflation
Global Value Pacific Basin Small Linked Intermediate Duration
Fund Companies Fund Fixed Income Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
Note USD USD USD USD GBP GBP
Assets
Financial assets at fair value through profit or loss 3(a), 10 405,374,475 298,571,100 85,685,568 88,840,470 752,816,300 684,299,282
Cash and cash equivalents 8 2,633,956 1,173,570 312,566 382,201 912,632 4,958,698
Cash collateral received 4 2,252,202 – 911,368 1,069,712 – –
Unrealised gain on forward contracts – – – – – –
Unrealised gain on futures contracts – – – – –
Receivable for shares sold 2,428,317 1,450,357 141,466 90,331 557,363 1,399,559
Receivable for securities sold 1,520 – 29,896 136,383 – –
Interest and tax reclaims receivable – – – – 3,672,483 3,222,336
Dividends and tax reclaims receivable 1,198,585 776,952 274,055 249,003 – –
Amounts receivable from Investment Manager 6 – – 56,170 56,912 – –
Prepaid fees – – 836 11,206 2,660 3,011
Total Assets 413,889,055 301,971,979 87,411,925 90,836,218 757,961,438 693,882,886
Liabilities
Unrealised loss on forward contracts (118) – – – – –
Payable under securities loan agreements 4 (2,252,202) – (911,368) (1,069,712) – –
Management fees payable 6 (405,937) (339,531) (123,489) (124,185) (189,443) (170,626)
Payable for shares repurchased (70,615) (91,999) (156,297) (77,978) (2,791,129) (879,095)
Payable for securities purchased (1,043,710) – – (5,132) – –
Distributions payable (906,641) (322,282) (483,509) (410,295) (3,876,713) (4,864,745)
Capital gains tax payable – – – – – –
Accrued expenses (95,630) (100,144) (50,063) (61,828) (144,844) (185,064)
Total Liabilities (excluding net assets
attributable to holders of redeemable shares) (4,774,853) (853,956) (1,724,726) (1,749,130) (7,002,129) (6,099,530)
Net assets attributable to holders of
redeemable shares 409,114,202 301,118,023 85,687,199 89,087,088 750,959,309 687,783,356
The accompanying notes form an integral part of the financial statements.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 26
Statement of Financial Position
as at 30 November 2018 and 30 November 2017 (continued)
U.S. Core Equity U.S. Small Companies World Allocation
Fund Fund 20/80 Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
Note USD USD USD USD GBP GBP
Assets
Financial assets at fair value through profit or loss 3(a), 10 34,878,038 26,839,892 201,415,655 196,610,061 70,771,411 40,441,834
Cash and cash equivalents 8 143,795 53,440 812,691 447,838 272,680 181,474
Cash collateral received 4 263,169 25,867 2,586,500 1,179,179 – –
Unrealised gain on forward contracts – – – – 172,189 949
Unrealised gain on futures contracts – – 12,613 – – –
Receivable for shares sold 70,000 – 497,705 126,016 1,642,907 232,994
Receivable for securities sold 336 – 17,006 20,730 – –
Interest and tax reclaims receivable – – – – 124,455 106,358
Dividends and tax reclaims receivable 45,649 33,583 169,788 175,548 388,687 216,189
Amounts receivable from Investment Manager 6 4,736 3,385 – – 32,756 23,646
Prepaid fees – 1,833 1,769 13,829 – 998
Total Assets 35,405,723 26,958,000 205,513,727 198,573,201 73,405,085 41,204,442
Liabilities
Unrealised loss on forward contracts – – – – (1,401) (70,278)
Payable under securities loan agreements 4 (263,169) (25,867) (2,586,500) (1,179,179) – –
Management fees payable 6 (14,467) (11,342) (116,212) (110,959) (33,031) (25,142)
Payable for shares repurchased – – (98,000) (158,870) (140,361) (41,992)
Payable for securities purchased – – (500,972) (82,737) (1,582,798) (130,000)
Distributions payable – – (181,763) (126,240) (64,339) (15,869)
Capital gains tax payable – – – – – –
Accrued expenses (8,172) (12,946) (55,886) (54,236) (16,355) (16,038)
Total Liabilities (excluding net assets
attributable to holders of redeemable shares) (285,808) (50,155) (3,539,333) (1,712,221) (1,838,285) (299,319)
Net assets attributable to holders of
redeemable shares 35,119,915 26,907,845 201,974,394 196,860,980 71,566,800 40,905,123
The accompanying notes form an integral part of the financial statements.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 27
Statement of Financial Position
as at 30 November 2018 and 30 November 2017 (continued)
World Allocation World Allocation World Allocation
40/60 Fund 60/40 Fund 80/20 Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
Note GBP GBP GBP GBP GBP GBP
Assets
Financial assets at fair value through profit or loss 3(a), 10 513,299,870 364,849,180 934,542,196 678,873,610 167,139,788 95,010,691
Cash and cash equivalents 8 824,135 1,251,919 1,941,242 2,144,294 212,558 453,462
Cash collateral received 4 – – – – – –
Unrealised gain on forward contracts 212,704 – 178,341 – 31,814 –
Unrealised gain on futures contracts – – – – – –
Receivable for shares sold 1,310,160 1,660,917 2,857,413 4,253,869 1,478,884 464,374
Receivable for securities sold – – – – – –
Interest and tax reclaims receivable – – – – – –
Dividends and tax reclaims receivable 3,814,479 2,665,797 6,979,335 4,270,462 1,229,809 568,997
Amounts receivable from Investment Manager 6 243,371 174,195 508,115 375,774 127,926 94,431
Prepaid fees 700 787 1,134 1,296 – 834
Total Assets 519,705,419 370,602,795 947,007,776 689,919,305 170,220,779 96,592,789
Liabilities
Unrealised loss on forward contracts (1,203) (56,697) (1,215) (42,269) (674) (10,521)
Payable under securities loan agreements 4 – – – – – –
Management fees payable 6 (250,408) (179,731) (555,004) (406,843) (133,564) (81,119)
Payable for shares repurchased (900,824) (588,336) (867,273) (360,302) (25,056) (16,295)
Payable for securities purchased (500,000) (900,000) (930,000) (2,400,000) (1,130,219) (550,000)
Distributions payable (773,242) (512,171) (1,619,855) (1,212,050) (309,072) (167,631)
Capital gains tax payable – – – – – –
Accrued expenses (92,771) (76,236) (156,968) (138,482) (34,309) (33,948)
Total Liabilities (excluding net assets
attributable to holders of redeemable shares) (2,518,448) (2,313,171) (4,130,315) (4,559,946) (1,632,894) (859,514)
Net assets attributable to holders of
redeemable shares 517,186,971 368,289,624 942,877,461 685,359,359 168,587,885 95,733,275
The accompanying notes form an integral part of the financial statements.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 28
Statement of Financial Position
as at 30 November 2018 and 30 November 2017 (continued)
World Equity Dimensional
Fund Funds plc
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
Note GBP GBP EUR EUR
Assets
Financial assets at fair value through profit or loss 3(a), 10 1,300,176,096 1,085,004,921 15,792,162,707 13,878,180,370
Cash and cash equivalents 8 6,154,512 5,419,924 121,643,317 104,788,276
Cash collateral received 4 9,184,713 2,578,879 71,815,406 50,568,971
Unrealised gain on forward contracts – – 25,854,039 60,570,666
Unrealised gain on futures contracts – – 11,141 –
Receivable for shares sold 2,489,047 4,387,085 32,386,271 39,431,835
Receivable for securities sold 155,084 60,573 6,291,150 2,335,474
Interest and tax reclaims receivable – – 29,781,486 26,639,563
Dividends and tax reclaims receivable 2,329,651 1,734,087 31,626,640 22,716,859
Amounts receivable from Investment Manager 6 80 80 1,141,015 887,143
Prepaid fees 1,908 3,061 55,955 124,568
Total Assets 1,320,491,091 1,099,188,610 16,112,769,127 14,186,243,725
Liabilities
Unrealised loss on forward contracts – – (31,150,879) (28,126,758)
Payable under securities loan agreements 4 (9,184,713) (2,578,879) (71,815,406) (50,568,971)
Management fees payable 6 (900,913) (758,606) (10,175,280) (8,704,504)
Payable for shares repurchased (858,649) (1,041,905) (14,634,382) (11,405,051)
Payable for securities purchased (85,123) (682,024) (24,002,489) (20,113,606)
Distributions payable (8,389,456) (5,838,795) (78,174,141) (63,885,232)
Capital gains tax payable (635,613) (422,098) (11,490,760) (5,792,401)
Accrued expenses (324,999) (413,858) (4,168,082) (4,927,463)
Total Liabilities (excluding net assets
attributable to holders of redeemable shares) (20,379,466) (11,736,165) (245,611,419) (193,523,986)
Net assets attributable to holders of
redeemable shares 1,300,111,625 1,087,452,445 15,867,157,708 13,992,719,739
The accompanying notes form an integral part of the financial statements.
All the intercompany balances due to cross investment within the Company have been eliminated in the Company total. Refer to note 10 for further detail.
Approved on behalf of the Board of Directors on 07 March 2019
Peter Blessing Dermot S.L. Butler
Peter Blessing Dermot S.L. Butler
Director Director
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 29
Statement of Comprehensive Income
for the financial years ended 30 November 2018 and 30 November 2017
Emerging Markets Euro Inflation Linked
Large Cap Core Emerging Markets Intermediate Duration Fixed
Equity Fund Value Fund Income Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
Note USD USD USD USD EUR EUR
Income
Interest income 3(b) 2,914 121 11,941 3,656 244,565 101,881
Dividend income 3(b) 14,529,588 11,258,785 66,854,474 54,270,979 – 15
Securities lending income 3(k) 347,056 193,070 2,074,640 1,676,566 – –
Net (loss)/gain on financial assets at fair value
through profit or loss 5, 10 (46,681,582) 93,958,266 (168,861,653) 425,709,052 (261,978) 454,730
Net (loss)/income (31,802,024) 105,410,242 (99,920,598) 481,660,253 (17,413) 556,626
Expenses
Management fees 6 (320,369) (228,205) (10,358,058) (9,263,818) (39,174) (18,883)
Administration and depositary fees 6 (221,593) (143,973) (2,119,544) (1,632,948) (16,201) (9,312)
Audit and legal fees 6 (26,235) (16,071) (93,430) (81,981) (1,043) (444)
Other expenses (72,515) (56,903) (159,853) (429,513) (6,184) (3,487)
Total operating expenses before waivers (640,712) (445,152) (12,730,885) (11,408,260) (62,602) (32,126)
Waivers and reimbursements 6 – 1,591 – – – –
Total operating expenses (640,712) (443,561) (12,730,885) (11,408,260) (62,602) (32,126)
Net (loss)/income from operations before
finance costs (32,442,736) 104,966,681 (112,651,483) 470,251,993 (80,015) 524,500
Finance costs
Interest expense (1,837) (4,901) (3,018) (4,129) (1,307) (456)
Total finance costs (1,837) (4,901) (3,018) (4,129) (1,307) (456)
Net (loss)/income from operations before tax (32,444,573) 104,961,780 (112,654,501) 470,247,864 (81,322) 524,044
Withholding tax on dividends and other taxation 7 (2,911,962) (2,111,682) (14,788,326) (12,858,371) – –
Net (loss)/income from operations after tax (35,356,535) 102,850,098 (127,442,827) 457,389,493 (81,322) 524,044
(Decrease)/increase in net assets attributable
to holders of redeemable shares (35,356,535) 102,850,098 (127,442,827) 457,389,493 (81,322) 524,044
Gains and losses arose solely from continuing operations. There were no gains or losses other than those dealt with in the Statement of Comprehensive Income.
The accompanying notes form an integral part of the financial statements.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 30
Statement of Comprehensive Income
for the financial years ended 30 November 2018 and 30 November 2017 (continued)
European Small European Global Core
Companies Fund Value Fund Equity Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
Note EUR EUR EUR EUR USD USD
Income
Interest income 3(b) 901 314 231 111 33,925 29,278
Dividend income 3(b) 5,302,070 4,329,393 3,836,562 2,860,823 67,290,766 49,155,171
Securities lending income 3(k) 382,308 251,001 30,159 35,286 1,246,936 951,352
Net gain/(loss) on financial assets at fair value
through profit or loss 5, 10 (18,776,893) 26,641,918 (9,787,580) 8,725,947 (108,977,563) 391,534,757
Net income/(loss) (13,091,614) 31,222,626 (5,920,628) 11,622,167 (40,405,936) 441,670,558
Expenses
Management fees 6 (944,673) (865,247) (404,768) (318,300) (8,605,996) (6,279,759)
Administration and depositary fees 6 (173,776) (155,634) (73,884) (53,411) (1,323,836) (947,583)
Audit and legal fees 6 (8,555) (7,018) (5,909) (3,459) (168,336) (112,370)
Other expenses (64,505) (43,672) (35,046) (19,652) (305,861) (182,288)
Total operating expenses before waivers (1,191,509) (1,071,571) (519,607) (394,822) (10,404,029) (7,522,000)
Waivers and reimbursements 6 – – – – – –
Total operating expenses (1,191,509) (1,071,571) (519,607) (394,822) (10,404,029) (7,522,000)
Net income/(loss) from operations before
finance costs (14,283,123) 30,151,055 (6,440,235) 11,227,345 (50,809,965) 434,148,558
Finance costs
Interest expense (4,907) (5,033) (2,579) (1,567) (3,369) (2,839)
Total finance costs (4,907) (5,033) (2,579) (1,567) (3,369) (2,839)
Net income/(loss) from operations before tax (14,288,030) 30,146,022 (6,442,814) 11,225,778 (50,813,334) 434,145,719
Withholding tax on dividends and other taxation 7 (353,962) (284,849) (261,445) (165,463) (12,436,600) (9,176,082)
Net income/(loss) from operations after tax (14,641,992) 29,861,173 (6,704,259) 11,060,315 (63,249,934) 424,969,637
Increase/(decrease) in net assets attributable
to holders of redeemable shares (14,641,992) 29,861,173 (6,704,259) 11,060,315 (63,249,934) 424,969,637
Gains and losses arose solely from continuing operations. There were no gains or losses other than those dealt with in the Statement of Comprehensive Income.
The accompanying notes form an integral part of the financial statements.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 31
Statement of Comprehensive Income
for the financial years ended 30 November 2018 and 30 November 2017 (continued)
Global Short Fixed Global Short–Term Investment Global Small
Income Fund Grade Fixed Income Fund Companies Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
Note EUR EUR USD USD USD USD
Income
Interest income 3(b) 27,188,565 36,822,792 16,372,986 13,894,801 12,211 6,000
Dividend income 3(b) – – – – 11,584,163 9,637,460
Securities lending income 3(k) 7,486 4,691 15,906 4,662 711,346 609,913
Net (loss)/gain on financial assets at fair value
through profit or loss 5, 10 (7,419,768) (138,753,468) (84,191,092) 63,435,131 (31,757,569) 90,981,695
Net (loss)/income 19,776,283 (101,925,985) (67,802,200) 77,334,594 (19,449,849) 101,235,068
Expenses
Management fees 6 (5,912,239) (5,110,561) (2,597,687) (1,855,746) (2,472,565) (2,105,144)
Administration and depositary fees 6 (877,121) (764,801) (428,637) (312,136) (422,216) (315,524)
Audit and legal fees 6 (140,733) (91,136) (57,975) (31,048) (25,919) (20,395)
Other expenses (120,834) (142,808) (107,955) (76,428) (116,036) (77,930)
Total operating expenses before waivers (7,050,927) (6,109,306) (3,192,254) (2,275,358) (3,036,736) (2,518,993)
Waivers and reimbursements 6 – – – – – –
Total operating expenses (7,050,927) (6,109,306) (3,192,254) (2,275,358) (3,036,736) (2,518,993)
Net (loss)/income from operations before
finance costs 12,725,356 (108,035,291) (70,994,454) 75,059,236 (22,486,585) 98,716,075
Finance costs
Interest expense (176,663) (177,791) (822) (354) (9,225) (1,929)
Total finance costs (176,663) (177,791) (822) (354) (9,225) (1,929)
Net (loss)/income from operations before tax 12,548,693 (108,213,082) (70,995,276) 75,058,882 (22,495,810) 98,714,146
Withholding tax on dividends and other taxation 7 (30,933) 5,791 – (7,524) (2,054,077) (1,653,789)
Net (loss)/income from operations after tax 12,517,760 (108,207,291) (70,995,276) 75,051,358 (24,549,887) 97,060,357
(Decrease)/increase in net assets attributable
to holders of redeemable shares 12,517,760 (108,207,291) (70,995,276) 75,051,358 (24,549,887) 97,060,357
Gains and losses arose solely from continuing operations. There were no gains or losses other than those dealt with in the Statement of Comprehensive Income.
The accompanying notes form an integral part of the financial statements.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 32
Statement of Comprehensive Income
for the financial years ended 30 November 2018 and 30 November 2017 (continued)
Global Sustainability Global Targeted Global Ultra Short
Core Equity Fund Value Fund Fixed Income Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
Note USD USD USD USD GBP GBP
Income
Interest income 3(b) 5,536 1,674 46,181 26,879 11,503,995 7,217,041
Dividend income 3(b) 4,222,431 2,887,007 54,171,284 41,866,432 – –
Securities lending income 3(k) 52,950 34,245 2,735,608 2,102,413 5,999 14,929
Net (loss)/gain on financial assets at fair value
through profit or loss 5, 10 (6,252,836) 26,436,375 (286,449,250) 376,782,023 (8,336,486) (4,967,548)
Net (loss)/income (1,971,919) 29,359,301 (229,496,177) 420,777,747 3,173,508 2,264,422
Expenses
Management fees 6 (738,799) (446,658) (13,991,575) (11,219,989) (1,041,754) (877,719)
Administration and depositary fees 6 (133,811) (88,955) (1,233,271) (1,126,607) (283,514) (250,483)
Audit and legal fees 6 (9,148) (4,964) (159,709) (99,766) (30,424) (22,588)
Other expenses (49,360) (28,687) (210,795) (219,759) (58,524) (54,219)
Total operating expenses before waivers (931,118) (569,264) (15,595,350) (12,666,121) (1,414,216) (1,205,009)
Waivers and reimbursements 6 130,891 104,863 – – 24,613 22,730
Total operating expenses (800,227) (464,401) (15,595,350) (12,666,121) (1,389,603) (1,182,279)
Net (loss)/income from operations before
finance costs (2,772,146) 28,894,900 (245,091,527) 408,111,626 1,783,905 1,082,143
Finance costs
Interest expense (1,859) (857) (4,913) (4,375) (2,039) (41,305)
Total finance costs (1,859) (857) (4,913) (4,375) (2,039) (41,305)
Net (loss)/income from operations before tax (2,774,005) 28,894,043 (245,096,440) 408,107,251 1,781,866 1,040,838
Withholding tax on dividends and other taxation 7 (796,759) (495,677) (8,836,549) (7,575,924) (13,537) (2,411)
Net (loss)/income from operations after tax (3,570,764) 28,398,366 (253,932,989) 400,531,327 1,768,329 1,038,427
(Decrease)/increase in net assets attributable
to holders of redeemable shares (3,570,764) 28,398,366 (253,932,989) 400,531,327 1,768,329 1,038,427
Gains and losses arose solely from continuing operations. There were no gains or losses other than those dealt with in the Statement of Comprehensive Income.
The accompanying notes form an integral part of the financial statements.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 33
Statement of Comprehensive Income
for the financial years ended 30 November 2018 and 30 November 2017 (continued)
Sterling Inflation Linked
Pacific Basin Small Intermediate Duration
Global Value Fund Companies Fund Fixed Income Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
Note USD USD USD USD GBP GBP
Income
Interest income 3(b) 5,922 20 701 334 13,867,594 10,613,689
Dividend income 3(b) 9,351,213 5,693,113 2,255,068 1,934,966 – –
Securities lending income 3(k) 58,198 21,937 183,007 142,649 – –
Net (loss)/gain on financial assets at fair value
through profit or loss 5, 10 (21,486,198) 35,996,792 (10,237,312) 18,882,418 8,074,971 1,277,599
Net income/(loss) (12,070,865) 41,711,862 (7,798,536) 20,960,367 21,942,565 11,891,288
Expenses
Management fees 6 (2,218,016) (1,474,136) (457,655) (386,350) (1,111,258) (901,946)
Administration and depositary fees 6 (192,504) (127,047) (122,989) (108,254) (294,262) (265,733)
Audit and legal fees 6 (12,654) (8,019) (5,354) (3,284) (29,969) (21,838)
Other expenses (15,689) (21,441) (62,711) (35,528) (82,901) (53,661)
Total operating expenses before waivers (2,438,863) (1,630,643) (648,709) (533,416) (1,518,390) (1,243,178)
Waivers and reimbursements 6 – – 5,261 – – –
Total operating expenses (2,438,863) (1,630,643) (643,448) (533,416) (1,518,390) (1,243,178)
Net income/(loss) from operations before
finance costs (14,509,728) 40,081,219 (8,441,984) 20,426,951 20,424,175 10,648,110
Finance costs
Interest expense (2,005) (1,535) (260) (348) – –
Total finance costs (2,005) (1,535) (260) (348) – –
Net income/(loss) from operations before tax (14,511,733) 40,079,684 (8,442,244) 20,426,603 20,424,175 10,648,110
Withholding tax on dividends and other taxation 7 (1,641,794) (1,058,222) (243,249) (203,741) – –
Net income/(loss) from operations after tax (16,153,527) 39,021,462 (8,685,493) 20,222,862 20,424,175 10,648,110
Increase/(decrease) in net assets attributable
to holders of redeemable shares (16,153,527) 39,021,462 (8,685,493) 20,222,862 20,424,175 10,648,110
Gains and losses arose solely from continuing operations. There were no gains and losses other than those dealt with in the Statement of Comprehensive Income.
The accompanying notes form an integral part of the financial statements.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 34
Statement of Comprehensive Income
for the financial years ended 30 November 2018 and 30 November 2017 (continued)
U.S. Core U.S. Small World Allocation
Equity Fund Companies Fund 20/80 Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
Note USD USD USD USD GBP GBP
Income
Interest income 3(b) 538 – 3,630 2,743 38,283 12,031
Dividend income 3(b) 504,001 323,658 2,485,683 2,243,265 658,772 366,742
Securities lending income 3(k) 10,254 5,765 120,600 123,692 – –
Net gain/(loss) on financial assets at fair value
through profit or loss 5, 10 (283,799) 3,109,909 (3,736,973) 24,891,530 (590,248) 380,041
Net income/(loss) 230,994 3,439,332 (1,127,060) 27,261,230 106,807 758,814
Expenses
Management fees 6 (59,681) (37,122) (714,179) (619,010) (132,789) (67,893)
Administration and depositary fees 6 (6,126) (16,342) (95,563) (83,756) (30,867) (27,389)
Audit and legal fees 6 (1,023) (775) (8,870) (7,622) (1,986) (879)
Other expenses (2,743) (2,986) (98,307) (57,639) (7,998) (5,602)
Total operating expenses before waivers (69,573) (57,225) (916,919) (768,027) (173,640) (101,763)
Waivers and reimbursements 6 – 12,843 – – 118,776 58,954
Total operating expenses (69,573) (44,382) (916,919) (768,027) (54,864) (42,809)
Net income/(loss) from operations before
finance costs 161,421 3,394,950 (2,043,979) 26,493,203 51,943 716,005
Finance costs
Interest expense – (92) (1,804) (470) (21) (22)
Total finance costs – (92) (1,804) (470) (21) (22)
Net income/(loss) from operations before tax 161,421 3,394,858 (2,045,783) 26,492,733 51,922 715,983
Withholding tax on dividends and other taxation 7 (142,681) (70,483) (693,366) (629,533) – –
Net income/(loss) from operations after tax 18,740 3,324,375 (2,739,149) 25,863,200 51,922 715,983
Increase/(decrease) in net assets attributable
to holders of redeemable shares 18,740 3,324,375 (2,739,149) 25,863,200 51,922 715,983
Gains and losses arose solely from continuing operations. There were no gains and losses other than those dealt with in the Statement of Comprehensive Income.
The accompanying notes form an integral part of the financial statements.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 35
Statement of Comprehensive Income
for the financial years ended 30 November 2018 and 30 November 2017 (continued)
World Allocation World Allocation World Allocation
40/60 Fund 60/40 Fund 80/20 Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
Note GBP GBP GBP GBP GBP GBP
Income
Interest income 3(b) 2,650 452 4,958 694 761 –
Dividend income 3(b) 6,575,210 4,634,672 12,661,270 8,259,559 2,210,214 1,020,479
Securities lending income 3(k) – – – – – –
Net (loss)/gain on financial assets at fair value
through profit or loss 5, 10 (4,491,460) 10,778,474 (7,600,657) 33,683,168 (2,229,408) 4,565,513
Net income 2,086,400 15,413,598 5,065,571 41,943,421 (18,433) 5,585,992
Expenses
Management fees 6 (1,316,297) (873,761) (2,840,115) (1,911,714) (503,248) (239,244)
Administration and depositary fees 6 (73,497) (61,919) (126,223) (104,960) (44,466) (40,166)
Audit and legal fees 6 (17,102) (10,123) (41,860) (19,186) (4,998) (5,221)
Other expenses (36,288) (22,837) (56,944) (33,906) (17,145) (8,384)
Total operating expenses before waivers (1,443,184) (968,640) (3,065,142) (2,069,766) (569,857) (293,015)
Waivers and reimbursements 6 1,281,918 835,557 2,598,024 1,742,100 470,747 222,135
Total operating expenses (161,266) (133,083) (467,118) (327,666) (99,110) (70,880)
Net income from operations before finance
costs 1,925,134 15,280,515 4,598,453 41,615,755 (117,543) 5,515,112
Finance costs
Interest expense (251) (88) (284) (264) (320) (202)
Total finance costs (251) (88) (284) (264) (320) (202)
Net income from operations before tax 1,924,883 15,280,427 4,598,169 41,615,491 (117,863) 5,514,910
Withholding tax on dividends and other taxation 7 – – – – – –
Net income from operations after tax 1,924,883 15,280,427 4,598,169 41,615,491 (117,863) 5,514,910
Increase in net assets attributable to holders
of redeemable shares 1,924,883 15,280,427 4,598,169 41,615,491 (117,863) 5,514,910
Gains and losses arose solely from continuing operations. There were no gains and losses other than those dealt with in the Statement of Comprehensive Income.
The accompanying notes form an integral part of the financial statements.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 36
Statement of Comprehensive Income
for the financial years ended 30 November 2018 and 30 November 2017 (continued)
World Equity Dimensional
Fund Funds plc
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
Note GBP GBP EUR EUR
Income
Interest income 3(b) 7,453 3,564 70,119,267 69,886,162
Dividend income 3(b) 28,611,678 21,309,663 243,887,037 194,904,891
Securities lending income 3(k) 750,729 516,288 7,661,569 6,130,540
Net (loss)/gain on financial assets at fair value
through profit or loss 5, 10 (2,868,897) 102,890,353 (698,623,048) 1,405,660,560
Net (loss)/income 26,500,963 124,719,868 (376,955,175) 1,676,582,153
Expenses
Management fees 6 (5,092,818) (3,914,812) (56,856,798) (46,643,788)
Administration and depositary fees 6 (694,304) (546,949) (8,214,327) (6,845,835)
Audit and legal fees 6 (69,915) (38,975) (858,683) (585,190)
Other expenses (113,060) (136,335) (1,663,769) (1,638,940)
Total operating expenses before waivers (5,970,097) (4,637,071) (67,593,577) (55,713,753)
Waivers and reimbursements 6 – – 5,195,578 3,427,468
Total operating expenses (5,970,097) (4,637,071) (62,397,999) (52,286,285)
Net (loss)/income from operations before
finance costs 20,530,866 120,082,797 (439,353,174) 1,624,295,868
Finance costs
Interest expense (2,366) (1,840) (216,029) (254,553)
Total finance costs (2,366) (1,840) (216,029) (254,553)
Net (loss)/income from operations before tax 20,528,500 120,080,957 (439,569,203) 1,624,041,315
Withholding tax on dividends and other taxation 7 (5,125,305) (4,216,271) (44,101,885) (37,240,703)
Net (loss)/income from operations after tax 15,403,195 115,864,686 (483,671,088) 1,586,800,612
(Decrease)/increase in net assets attributable
to holders of redeemable shares 15,403,195 115,864,686 (483,671,088) 1,586,800,612
Gains and losses arose solely from continuing operations. There were no gains and losses other than those dealt with in the Statement of Comprehensive Income.
The accompanying notes form an integral part of the financial statements.
All the intercompany balances due to cross investment within the Company have been eliminated in the Company total. Refer to note 10 for further detail.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 37
Statement of Changes in Net Assets Attributable to Holders of Redeemable Shares
for the financial years ended 30 November 2018 and 30 November 2017
Emerging Markets Euro Inflation Linked
Large Cap Core Emerging Markets Intermediate Duration Fixed
Equity Fund Value Fund Income Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
USD USD USD USD EUR EUR
Net assets attributable to holders of redeemable
shares at the start of the financial year 467,303,916 305,469,115 2,004,805,087 1,577,470,967 21,071,764 7,746,182
(Decrease)/increase in net assets attributable to
holders of redeemable shares (35,356,535) 102,850,098 (127,442,827) 457,389,493 (81,322) 524,044
Issue of redeemable shares during the financial
year 16,220,966 61,337,794 358,739,154 326,672,388 17,008,362 17,051,803
Redemption of redeemable shares during the
financial year (28,920,983) (2,333,791) (305,562,059) (351,961,721) (4,949,969) (4,225,974)
Distributions to redeemable shareholders (36,417) (19,300) (6,186,925) (4,766,040) (30,283) (24,291)
Currency translation – – – – – –
Net assets attributable to holders of redeemable
shares at the end of the financial year 419,210,947 467,303,916 1,924,352,430 2,004,805,087 33,018,552 21,071,764
European Small European Global Core
Companies Fund Value Fund Equity Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
EUR EUR EUR EUR USD USD
Net assets attributable to holders of redeemable
shares at the start of the financial year 180,762,430 146,886,894 92,679,447 61,255,126 2,536,752,898 1,711,452,142
Increase/(decrease) in net assets attributable to
holders of redeemable shares (14,641,992) 29,861,173 (6,704,259) 11,060,315 (63,249,934) 424,969,637
Issue of redeemable shares during the financial
year 34,776,867 50,289,240 30,685,662 48,408,797 945,144,226 782,481,388
Redemption of redeemable shares during the
financial year (24,358,848) (45,289,133) (14,091,641) (27,289,321) (368,613,895) (365,894,699)
Distributions to redeemable shareholders (1,667,582) (985,744) (1,255,793) (755,470) (22,807,328) (16,255,570)
Currency translation – – – – – –
Net assets attributable to holders of redeemable
shares at the end of the financial year 174,870,875 180,762,430 101,313,416 92,679,447 3,027,225,967 2,536,752,898
Global Short Fixed Global Short–Term Investment Global Small
Income Fund Grade Fixed Income Fund Companies Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
EUR EUR USD USD USD USD
Net assets attributable to holders of redeemable
shares at the start of the financial year 2,244,923,583 1,900,488,509 931,287,905 538,675,265 555,548,400 484,224,517
(Decrease)/increase in net assets attributable to
holders of redeemable shares 12,517,760 (108,207,291) (70,995,276) 75,051,358 (24,549,887) 97,060,357
Issue of redeemable shares during the financial
year 739,114,060 835,454,380 379,200,951 407,683,624 223,595,052 143,143,849
Redemption of redeemable shares during the
financial year (456,795,154) (362,684,885) (133,317,929) (83,523,110) (225,003,620) (166,502,090)
Distributions to redeemable shareholders (13,284,316) (20,127,130) (7,578,653) (6,599,232) (3,091,303) (2,378,233)
Currency translation – – – – – –
Net assets attributable to holders of redeemable
shares at the end of the financial year 2,526,475,933 2,244,923,583 1,098,596,998 931,287,905 526,498,642 555,548,400
The accompanying notes form an integral part of the financial statements.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 38
Statement of Changes in Net Assets Attributable to Holders of Redeemable Shares
for the financial years ended 30 November 2018 and 30 November 2017 (continued)
Global Sustainability Global Targeted Global Ultra Short
Core Equity Fund Value Fund Fixed Income Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
USD USD USD USD GBP GBP
Net assets attributable to holders of redeemable
shares at the start of the financial year 192,617,544 95,263,339 2,610,965,181 1,876,475,233 624,253,696 473,386,206
(Decrease)/increase in net assets attributable to
holders of redeemable shares (3,570,764) 28,398,366 (253,932,989) 400,531,327 1,768,329 1,038,427
Issue of redeemable shares during the financial
year 79,220,236 88,766,881 700,329,730 737,829,066 271,408,129 336,276,994
Redemption of redeemable shares during the
financial year (25,725,429) (19,295,592) (307,158,195) (394,187,757) (157,663,638) (182,342,618)
Distributions to redeemable shareholders (833,699) (515,450) (13,981,521) (9,682,688) (7,102,767) (4,105,313)
Currency translation – – – – – –
Net assets attributable to holders of redeemable
shares at the end of the financial year 241,707,888 192,617,544 2,736,222,206 2,610,965,181 732,663,749 624,253,696
Sterling Inflation
Pacific Basin Small Linked Intermediate Duration
Global Value Fund Companies Fund Fixed Income Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
USD USD USD USD GBP GBP
Net assets attributable to holders of redeemable
shares at the start of the financial year 301,118,023 125,325,772 89,087,088 64,870,815 687,783,356 507,617,464
Increase/(decrease) in net assets attributable to
holders of redeemable shares (16,153,527) 39,021,462 (8,685,493) 20,222,862 20,424,175 10,648,110
Issue of redeemable shares during the financial
year 231,338,487 169,425,118 18,663,193 19,478,372 194,995,091 236,341,347
Redemption of redeemable shares during the
financial year (106,401,337) (32,448,677) (12,786,951) (15,019,797) (146,821,478) (62,527,003)
Distributions to redeemable shareholders (787,444) (205,652) (590,638) (465,164) (5,421,835) (4,296,562)
Currency translation – – – – – –
Net assets attributable to holders of redeemable
shares at the end of the financial year 409,114,202 301,118,023 85,687,199 89,087,088 750,959,309 687,783,356
U.S. Core Equity U.S. Small Companies World Allocation
Fund Fund 20/80 Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
USD USD USD USD GBP GBP
Net assets attributable to holders of redeemable
shares at the start of the financial year 26,907,845 6,773,695 196,860,980 168,432,745 40,905,123 11,661,566
Increase/(decrease) in net assets attributable to
holders of redeemable shares 18,740 3,324,375 (2,739,149) 25,863,200 51,922 715,983
Issue of redeemable shares during the financial
year 9,772,400 17,442,592 42,559,792 42,324,850 42,505,585 33,283,194
Redemption of redeemable shares during the
financial year (1,579,070) (632,817) (34,447,974) (39,524,224) (11,831,853) (4,724,564)
Distributions to redeemable shareholders – – (259,255) (235,591) (63,977) (31,056)
Currency translation – – – – – –
Net assets attributable to holders of redeemable
shares at the end of the financial year 35,119,915 26,907,845 201,974,394 196,860,980 71,566,800 40,905,123
The accompanying notes form an integral part of the financial statements.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 39
Statement of Changes in Net Assets Attributable to Holders of Redeemable Shares
for the financial years ended 30 November 2018 and 30 November 2017 (continued)
World Allocation World Allocation World Allocation
40/60 Fund 60/40 Fund 80/20 Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
GBP GBP GBP GBP GBP GBP
Net assets attributable to holders of redeemable
shares at the start of the financial year 368,289,624 211,285,366 685,359,359 414,894,078 95,733,275 33,535,459
Increase in net assets attributable to holders of
redeemable shares 1,924,883 15,280,427 4,598,169 41,615,491 (117,863) 5,514,910
Issue of redeemable shares during the financial
year 201,047,063 187,155,527 353,984,957 305,757,534 89,017,123 67,492,068
Redemption of redeemable shares during the
financial year (53,110,809) (44,728,917) (98,935,700) (75,370,394) (15,682,864) (10,682,626)
Distributions to redeemable shareholders (963,790) (702,779) (2,129,324) (1,537,350) (361,786) (126,536)
Currency translation – – – – – –
Net assets attributable to holders of redeemable
shares at the end of the financial year 517,186,971 368,289,624 942,877,461 685,359,359 168,587,885 95,733,275
World Equity Dimensional
Fund Funds plc
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
GBP GBP EUR EUR
Net assets attributable to holders of redeemable
shares at the start of the financial year 1,087,452,445 765,185,309 13,992,719,739 10,937,833,739
(Decrease)/increase in net assets attributable to
holders of redeemable shares 15,403,195 115,864,686 (483,671,088) 1,586,800,612
Issue of redeemable shares during the financial
year 375,591,729 345,319,068 4,480,170,776 4,760,750,937
Redemption of redeemable shares during the
financial year (169,228,624) (133,018,653) (2,475,964,575) (2,263,380,129)
Distributions to redeemable shareholders (9,107,120) (5,897,965) (72,416,878) (64,751,950)
Currency translation – – 426,319,734 (964,533,470)
Net assets attributable to holders of redeemable
shares at the end of the financial year 1,300,111,625 1,087,452,445 15,867,157,708 13,992,719,739
The accompanying notes form an integral part of the financial statements.
All the intercompany balances due to cross investment within the Company have been eliminated in the Company total. Refer to note 10 for further detail.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 40
Emerging Markets Large Cap Core Equity Fund
Portfolio of Investments as at 30 November 2018
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Investment Funds Common Stock (continued)
India - 4.48% Chile - 1.15% (continued)
1,032 Lyxor MSCI India UCITS ETF 18,760 4.48 12 Cia Cervecerias Unidas SA, ADR 323 0.08
18,760 4.48 191 Colbun SA 39 0.01
2 Embotelladora Andina SA, ADR 48 0.01
Common Stock 79 Empresa Nacional de Telecomunicaciones SA 653 0.16
Brazil - 5.99% 89 Empresas CMPC SA 308 0.07
219 Ambev SA, ADR 933 0.22 20 Empresas COPEC SA 266 0.06
41 Atacadao Distribuicao Comercio e Industria Ltd 177 0.04 113 Enel Americas SA, ADR 977 0.24
68 B3 SA - Brasil Bolsa Balcao 494 0.12 57 Enel Chile SA, ADR 272 0.06
108 Banco Bradesco SA 942 0.22 5,352 Itau CorpBanca 51 0.01
56 Banco do Brasil SA 642 0.15 4 Itau CorpBanca, ADR 55 0.01
28 Banco Santander Brasil SA 311 0.07 40 Latam Airlines Group SA, ADR 414 0.10
32 BB Seguridade Participacoes SA 234 0.06 20 SACI Falabella 153 0.04
9 Braskem SA, ADR 257 0.06 5 Sociedad Quimica y Minera de Chile SA, ADR 203 0.05
14 BRF SA, ADR 79 0.02 4,815 1.15
283 CCR SA 950 0.23 China - 31.55%
9 Centrais Eletricas Brasileiras SA 54 0.01 4 58.com Inc, ADR 221 0.05
13 Cia de Saneamento Basico do Estado de Sao 114 AAC Technologies Holdings Inc 814 0.19
Paulo 93 0.02
1,102 Agile Group Holdings Ltd 1,506 0.36
2 Cia Paranaense de Energia, ADR 17 –
1,744 Agricultural Bank of China Ltd 793 0.19
64 Cia Siderurgica Nacional SA 148 0.04
576 Air China Ltd 562 0.13
153 Cia Siderurgica Nacional SA, ADR 346 0.08
26 Alibaba Group Holding Ltd, ADR 4,220 1.01
55 Cielo SA 136 0.03
668 Aluminum Corp of China Ltd 241 0.06
15 Cosan SA 132 0.03
338 Angang Steel Co Ltd 278 0.07
18 Embraer SA, ADR 403 0.10
331 Anhui Conch Cement Co Ltd 1,743 0.42
7 Engie Brasil Energia SA 79 0.02
153 ANTA Sports Products Ltd 701 0.17
2 Equatorial Energia SA 45 0.01
1,106 BAIC Motor Corp Ltd 681 0.16
60 Fibria Celulose SA 1,142 0.27
5 Baidu Inc, ADR 970 0.23
22 Gerdau SA 70 0.02
4,355 Bank of China Ltd 1,909 0.46
88 Gerdau SA, ADR 355 0.08
489 Bank of Communications Co Ltd 373 0.09
12 Hypera SA 103 0.02
701 BBMG Corp 227 0.05
45 Itau Unibanco Holding SA 359 0.09
444 Beijing Capital International Airport Co Ltd 496 0.12
563 JBS SA 1,715 0.41
52 Beijing Enterprises Holdings Ltd 306 0.07
26 Klabin SA 113 0.03
530 Beijing Enterprises Water Group Ltd 308 0.07
103 Kroton Educacional SA 281 0.07
142 Brilliance China Automotive Holdings Ltd 127 0.03
51 Localiza Rent a Car SA 355 0.08
146 BYD Co Ltd 1,104 0.26
41 Lojas Renner SA 412 0.10
152 CGN Power Co Ltd 38 0.01
2 Magazine Luiza SA 64 0.02
1,128 China Cinda Asset Management Co Ltd 304 0.07
9 Natura Cosmeticos SA 98 0.02
475 China CITIC Bank Corp Ltd 303 0.07
238 Petroleo Brasileiro SA 1,734 0.41
184 China Coal Energy Co Ltd 74 0.02
39 Petroleo Brasileiro SA, ADR (non-voting rights) 518 0.12
292 China Communications Construction Co Ltd 285 0.07
91 Petroleo Brasileiro SA, ADR (voting rights) 1,325 0.32
28 China Communications Services Corp Ltd 23 0.01
52 Porto Seguro SA 701 0.17
5,517 China Construction Bank Corp 4,711 1.12
12 Raia Drogasil SA 194 0.05
572 China Eastern Airlines Corp Ltd 358 0.09
136 Rumo SA 614 0.15
750 China Energy Engineering Corp Ltd 91 0.02
101 Suzano Papel e Celulose SA 1,066 0.25
189 China Everbright Bank Co Ltd 84 0.02
21 TIM Participacoes SA 64 0.02
103 China Everbright International Ltd 90 0.02
2 TIM Participacoes SA, ADR 34 0.01
929 China Evergrande Group 2,953 0.70
40 Ultrapar Participacoes SA 485 0.12
109 China Galaxy Securities Co Ltd 58 0.01
3 Usinas Siderurgicas de Minas Gerais SA 9 –
268 China Gas Holdings Ltd 922 0.22
499 Valeo SA 6,823 1.63
428 China Hongqiao Group Ltd 266 0.06
– WEG SA – –
6,473 China Huarong Asset Management Co Ltd 1,336 0.32
25,106 5.99
17 China International Capital Corp Ltd 32 0.01
Chile - 1.15% 63 China International Marine Containers Group Co
43 AES Gener SA 12 – Ltd 67 0.02
120 Aguas Andinas SA 70 0.02 1,234 China Jinmao Holdings Group Ltd 596 0.14
4 Banco de Chile, ADR 118 0.03 146 China Life Insurance Co Ltd 313 0.07
5 Banco de Credito e Inversiones SA 354 0.08 104 China Longyuan Power Group Corp Ltd 82 0.02
6 Banco Santander Chile, ADR 190 0.05 85 China Mengniu Dairy Co Ltd 264 0.06
167 Cencosud SA 309 0.07 387 China Merchants Bank Co Ltd 1,610 0.38
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 41
Emerging Markets Large Cap Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
China - 31.55% (continued) China - 31.55% (continued)
132 China Merchants Port Holdings Co Ltd 240 0.06 120 Huaneng Power International Inc 75 0.02
410 China Minsheng Banking Corp Ltd 303 0.07 49 Huatai Securities Co Ltd 81 0.02
473 China Mobile Ltd 4,711 1.13 9 Huazhu Group Ltd, ADR 296 0.07
65 China Mobile Ltd, ADR 3,221 0.77 53 Huishang Bank Corp Ltd 23 0.01
570 China Molybdenum Co Ltd 235 0.06 3,942 Industrial & Commercial Bank of China Ltd 2,815 0.67
2,114 China National Building Material Co Ltd 1,660 0.40 7 JD.com Inc, ADR 156 0.04
64 China Oilfield Services Ltd 60 0.01 22 Jiangsu Expressway Co Ltd 30 0.01
1,424 China Overseas Land & Investment Ltd 4,995 1.20 116 Jiangxi Copper Co Ltd 141 0.03
92 China Pacific Insurance Group Co Ltd 327 0.08 18 Jiayuan International Group Ltd 32 0.01
4,336 China Petroleum & Chemical Corp 3,712 0.89 2,046 Kunlun Energy Co Ltd 2,486 0.59
292 China Railway Construction Corp Ltd 375 0.09 261 Lee & Man Paper Manufacturing Ltd 238 0.06
427 China Railway Group Ltd 393 0.09 60 Legend Holdings Corp 177 0.04
39 China Railway Signal & Communication Corp Ltd 28 0.01 2,778 Lenovo Group Ltd 2,016 0.48
485 China Reinsurance Group Corp 101 0.02 466 Logan Property Holdings Co Ltd 549 0.13
46 China Resources Beer Holdings Co Ltd 157 0.04 744 Longfor Properties Co Ltd 2,107 0.50
658 China Resources Cement Holdings Ltd 648 0.15 470 Maanshan Iron & Steel Co Ltd 218 0.05
300 China Resources Gas Group Ltd 1,216 0.29 202 Metallurgical Corp of China Ltd 52 0.01
954 China Resources Land Ltd 3,551 0.85 200 Minth Group Ltd 673 0.16
214 China Resources Pharmaceutical Group Ltd 315 0.08 188 MMG Ltd 94 0.02
56 China Resources Power Holdings Co Ltd 106 0.03 24 Momo Inc, ADR 750 0.18
451 China Shenhua Energy Co Ltd 1,010 0.24 9 NetEase Inc, ADR 2,030 0.48
1,080 China Southern Airlines Co Ltd 740 0.18 27 New China Life Insurance Co Ltd 119 0.03
– China Southern Airlines Co Ltd, ADR 16 – 2 New Oriental Education & Technology Group Inc,
ADR 118 0.03
141 China State Construction International Holdings Ltd 123 0.03
941 Nine Dragons Paper Holdings Ltd 961 0.23
266 China Taiping Insurance Holdings Co Ltd 886 0.21
504 People's Insurance Co Group of China Ltd 218 0.05
230 China Telecom Corp Ltd 125 0.03
2,808 PetroChina Co Ltd 1,961 0.47
1 China Telecom Corp Ltd, ADR 58 0.01
284 PICC Property & Casualty Co Ltd 293 0.07
2,704 China Unicom Hong Kong Ltd 3,158 0.75
710 Ping An Insurance Group Co of China Ltd 6,915 1.66
318 China Vanke Co Ltd 1,100 0.26
40 Postal Savings Bank of China Co Ltd 24 0.01
1,134 Chongqing Rural Commercial Bank Co Ltd 666 0.16
464 Semiconductor Manufacturing International Corp 430 0.10
311 CITIC Ltd 501 0.12
208 Shanghai Electric Group Co Ltd 71 0.02
73 CITIC Securities Co Ltd 136 0.03
14 Shanghai Fosun Pharmaceutical Group Co Ltd 47 0.01
1,121 CNOOC Ltd 1,894 0.45
32 Shanghai Pharmaceuticals Holding Co Ltd 79 0.02
15 CNOOC Ltd, ADR 2,600 0.62
66 Shenzhou International Group Holdings Ltd 805 0.19
572 COSCO Shipping Holdings Co Ltd 234 0.06
765 Shimao Property Holdings Ltd 1,904 0.45
1,987 Country Garden Holdings Co Ltd 2,465 0.59
582 Sino Biopharmaceutical Ltd 534 0.13
108 Country Garden Services Holdings Co Ltd 181 0.04
1,108 Sinopec Shanghai Petrochemical Co Ltd 505 0.12
188 CRRC Corp Ltd 176 0.04
198 Sinopharm Group Co Ltd 975 0.23
280 CSPC Pharmaceutical Group Ltd 569 0.14
24 Sinotruk Hong Kong Ltd 39 0.01
14 Ctrip.com International Ltd, ADR 401 0.10
638 Sun Art Retail Group Ltd 715 0.17
299 Dali Foods Group Co Ltd 220 0.05
703 Sunac China Holdings Ltd 2,359 0.56
44 Datang International Power Generation Co Ltd 11 –
32 Sunny Optical Technology Group Co Ltd 313 0.07
216 Dongfeng Motor Group Co Ltd 209 0.05
2 TAL Education Group, ADR 50 0.01
24 ENN Energy Holdings Ltd 216 0.05
166 Tencent Holdings Ltd 6,625 1.59
234 Fosun International Ltd 374 0.09
696 Tingyi Cayman Islands Holding Corp 903 0.22
288 Future Land Development Holdings Ltd 196 0.05
73 TravelSky Technology Ltd 197 0.05
133 Fuyao Glass Industry Group Co Ltd 411 0.10
12 Tsingtao Brewery Co Ltd 49 0.01
1,085 Geely Automobile Holdings Ltd 2,156 0.51
62 United Energy Group Ltd 12 –
46 GF Securities Co Ltd 68 0.02
43 Vipshop Holdings Ltd, ADR 249 0.06
1,077 Great Wall Motor Co Ltd 691 0.16
1,093 Want Want China Holdings Ltd 812 0.19
72 Guangdong Investment Ltd 139 0.03
2 Weibo Corp, ADR 118 0.03
136 Guangshen Railway Co Ltd 53 0.01
728 Weichai Power Co Ltd 787 0.19
81 Guangzhou Automobile Group Co Ltd 85 0.02
18 Guangzhou Baiyunshan Pharmaceutical Holdings 25 Xinjiang Goldwind Science & Technology Co Ltd 24 0.01
Co Ltd 73 0.02 976 Yanzhou Coal Mining Co Ltd 883 0.21
601 Guangzhou R&F Properties Co Ltd 937 0.22 34 Yum China Holdings Inc 1,220 0.29
330 Haier Electronics Group Co Ltd 773 0.18 5 YY Inc, ADR 321 0.08
124 Haitong Securities Co Ltd 129 0.03 211 Zhongsheng Group Holdings Ltd 431 0.10
141 Hengan International Group Co Ltd 1,153 0.28 29 Zhuzhou CRRC Times Electric Co Ltd 157 0.04
26 Huadian Power International Corp Ltd 11 – 1,812 Zijin Mining Group Co Ltd 689 0.16
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 42
Emerging Markets Large Cap Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
China - 31.55% (continued) Indonesia - 2.44% (continued)
151 Zoomlion Heavy Industry Science and Technology 72 Gudang Garam Tbk PT 414 0.10
Co Ltd 55 0.01
332 Indah Kiat Pulp & Paper Corp Tbk PT 245 0.06
31 ZTE Corp 61 0.01
80 Indo Tambangraya Megah Tbk PT 120 0.03
27 ZTO Express Cayman Inc, ADR 466 0.11
34 Indocement Tunggal Prakarsa Tbk PT 45 0.01
132,271 31.55
106 Indofood CBP Sukses Makmur Tbk PT 73 0.02
Colombia - 0.42% 2,069 Indofood Sukses Makmur Tbk PT 956 0.23
11 Banco de Bogota SA 200 0.05 115 Japfa Comfeed Indonesia Tbk PT 16 –
18 Bancolombia SA 180 0.04 1,121 Kalbe Farma Tbk PT 120 0.03
8 Bancolombia SA, ADR 306 0.07 150 Lippo Karawaci Tbk PT 3 –
510 Ecopetrol SA 489 0.12 156 Matahari Department Store Tbk PT 52 0.01
71 Grupo Argos SA 357 0.09 345 Mayora Indah Tbk PT 62 0.01
3 Grupo Aval Acciones y Valores SA, ADR 20 – 1,673 Pakuwon Jati Tbk PT 69 0.02
13 Grupo de Inversiones Suramericana SA 131 0.03 356 Perusahaan Gas Negara Persero Tbk 49 0.01
3 Grupo Nutresa SA 26 0.01 239 Semen Indonesia Persero Tbk PT 201 0.05
10 Interconexion Electrica SA ESP 41 0.01 405 Surya Citra Media Tbk PT 54 0.01
1,750 0.42 14 Telekomunikasi Indonesia Persero Tbk PT, ADR 361 0.09
Czech Republic - 0.20% 72 Tower Bersama Infrastructure Tbk PT 20 –
29 CEZ AS 699 0.16 70 Unilever Indonesia Tbk PT 206 0.05
2 Komercni Banka AS 70 0.02 439 United Tractors Tbk PT 847 0.20
11 Moneta Money Bank AS 37 0.01 206 Vale Indonesia Tbk PT 44 0.01
4 O2 Czech Republic AS 46 0.01 1,772 Waskita Karya Persero Tbk PT 194 0.05
852 0.20 2,406 XL Axiata Tbk PT 345 0.08
Egypt - 0.09% 10,226 2.44
88 Commercial International Bank Egypt SAE, GDR 372 0.08 Korea, Republic of - 15.23%
15 Egyptian Financial Group-Hermes Holding Co, 1 Amorepacific Corp 103 0.02
GDR 21 0.01
1 Amorepacific Group 78 0.02
393 0.09 6 BGF Co Ltd 46 0.01
Hungary - 0.37% 32 BNK Financial Group Inc 219 0.05
102 MOL Hungarian Oil & Gas PLC 1,133 0.27 1 Celltrion Inc 267 0.06
8 OTP Bank Nyrt 338 0.08 1 Cheil Worldwide Inc 24 0.01
4 Richter Gedeon Nyrt 86 0.02 2 CJ CheilJedang Corp 743 0.18
1,557 0.37 6 CJ Corp 733 0.17
India - 3.17% – CJ ENM Co Ltd 101 0.02
11 Axis Bank Ltd, GDR 504 0.12 – Com2uSCorp 55 0.01
17 Dr Reddy's Laboratories Ltd, ADR 670 0.16 3 Coway Co Ltd 183 0.04
4 GAIL India Ltd, GDR 120 0.03 3 Daelim Industrial Co Ltd 264 0.06
26 ICICI Bank Ltd, ADR 264 0.06 8 Daewoo Engineering & Construction Co Ltd 37 0.01
411 Infosys Ltd, ADR 4,056 0.97 3 Daewoo Shipbuilding & Marine Engineering Co Ltd 98 0.02
23 Mahindra & Mahindra Ltd, GDR 265 0.06 22 DB Insurance Co Ltd 1,299 0.31
72 Reliance Industries Ltd, GDR 2,381 0.57 18 DGB Financial Group Inc 142 0.03
5 State Bank of India, GDR 194 0.05 28 Doosan Heavy Industries & Construction Co Ltd 288 0.07
154 Tata Motors Ltd, ADR 1,876 0.45 58 Doosan Infracore Co Ltd 438 0.10
78 Tata Steel Ltd, GDR 603 0.14 1 E-MART Inc 208 0.05
210 Vedanta Ltd, ADR 2,341 0.56 1 Grand Korea Leisure Co Ltd 22 0.01
13,274 3.17 6 GS Engineering & Construction Corp 252 0.06
Indonesia - 2.44% 33 GS Holdings Corp 1,534 0.37
8,606 Adaro Energy Tbk PT 775 0.18 – GS Home Shopping Inc 62 0.01
83 Astra Agro Lestari Tbk PT 63 0.02 4 GS Retail Co Ltd 127 0.03
1,529 Astra International Tbk PT 916 0.22 39 Hana Financial Group Inc 1,301 0.31
389 Bank Central Asia Tbk PT 709 0.17 15 Hankook Tire Co Ltd 574 0.14
225 Bank Danamon Indonesia Tbk PT 117 0.03 11 Hanon Systems 105 0.03
1,069 Bank Mandiri Persero Tbk PT 554 0.13 1 Hanssem Co Ltd 33 0.01
446 Bank Negara Indonesia Persero Tbk PT 266 0.06 36 Hanwha Chemical Corp 608 0.15
5,756 Bank Rakyat Indonesia Persero Tbk PT 1,461 0.36 177 Hanwha Life Insurance Co Ltd 700 0.17
102 Bank Tabungan Negara Persero Tbk PT 19 – 21 HDC Holdings Co Ltd 310 0.07
849 Barito Pacific Tbk PT 126 0.03 5 Hite Jinro Co Ltd 83 0.02
641 Bukit Asam Tbk PT 181 0.04 1 Hotel Shilla Co Ltd 62 0.01
1,069 Bumi Serpong Damai Tbk PT 101 0.02 1 Hyosung Advanced Materials Corp 118 0.03
1,061 Charoen Pokphand Indonesia Tbk PT 442 0.11 1 Hyosung Chemical Corp 102 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 43
Emerging Markets Large Cap Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Korea, Republic of - 15.23% (continued) Korea, Republic of - 15.23% (continued)
4 Hyosung Corp 171 0.04 10 NH Investment & Securities Co Ltd 129 0.03
2 Hyosung Heavy Industries Corp 101 0.02 – NongShim Co Ltd 43 0.01
1 Hyosung TNC Co Ltd 193 0.05 3 OCI Co Ltd 238 0.06
1 Hyundai Construction Equipment Co Ltd 33 0.01 – Orion Corp 34 0.01
2 Hyundai Department Store Co Ltd 141 0.03 3 Orion Holdings Corp 44 0.01
1 Hyundai Electric & Energy System Co Ltd 19 – 13 Pan Ocean Co Ltd 53 0.01
8 Hyundai Engineering & Construction Co Ltd 387 0.09 6 POSCO 1,279 0.31
2 Hyundai Glovis Co Ltd 218 0.05 11 Posco Daewoo Corp 190 0.05
4 Hyundai Greenfood Co Ltd 44 0.01 8 POSCO, ADR 432 0.10
3 Hyundai Heavy Industries Co Ltd 396 0.09 1 S–1 Corp 92 0.02
2 Hyundai Heavy Industries Holdings Co Ltd 695 0.17 2 S–Oil Corp 159 0.04
1 Hyundai Home Shopping Network Corp 49 0.01 3 Samsung C&T Corp 250 0.06
36 Hyundai Marine & Fire Insurance Co Ltd 1,286 0.31 4 Samsung Card Co Ltd 122 0.03
1 Hyundai Mipo Dockyard Co Ltd 118 0.03 1 Samsung Electro-Mechanics Co Ltd 121 0.03
4 Hyundai Mobis Co Ltd 648 0.15 346 Samsung Electronics Co Ltd 12,966 3.10
9 Hyundai Motor Co 848 0.20 3 Samsung Electronics Co Ltd, GDR 2,643 0.65
19 Hyundai Steel Co 718 0.17 8 Samsung Fire & Marine Insurance Co Ltd 1,905 0.47
4 Hyundai Wia Corp 103 0.02 43 Samsung Heavy Industries Co Ltd 288 0.07
23 Industrial Bank of Korea 309 0.07 4 Samsung Life Insurance Co Ltd 317 0.08
5 Kangwon Land Inc 158 0.04 1 Samsung SDI Co Ltd 212 0.05
12 KB Financial Group Inc 506 0.12 1 Samsung SDS Co Ltd 100 0.02
16 KB Financial Group Inc, ADR 693 0.17 7 Samsung Securities Co Ltd 205 0.05
1 KCC Corp 166 0.04 1 SFA Engineering Corp 51 0.01
1 KEPCO Plant Service & Engineering Co Ltd 17 – 24 Shinhan Financial Group Co Ltd 893 0.21
19 Kia Motors Corp 520 0.12 1 Shinsegae Inc 278 0.07
1 KIWOOM Securities Co Ltd 93 0.02 7 SK Holdings Co Ltd 1,678 0.40
2 Kolon Industries Inc 99 0.02 51 SK Hynix Inc 3,190 0.77
3 Korea Electric Power Corp 82 0.02 8 SK Innovation Co Ltd 1,380 0.33
6 Korea Electric Power Corp, ADR 75 0.02 – SK Materials Co Ltd 54 0.01
1 Korea Gas Corp 26 0.01 14 SK Networks Co Ltd 60 0.01
5 Korea Investment Holdings Co Ltd 301 0.07 – SK Telecom Co Ltd 121 0.03
1 Korea Petrochemical Ind Co Ltd 105 0.03 2 SKC Co Ltd 50 0.01
1 Korea Zinc Co Ltd 397 0.09 12 Ssangyong Cement Industrial Co Ltd 61 0.01
26 Korean Air Lines Co Ltd 732 0.17 62 Woori Bank 867 0.21
10 Korean Reinsurance Co 79 0.02 2 Woori Bank, ADR 103 0.02
3 KT&G Corp 292 0.07 – Young Poong Corp 38 0.01
3 Kumho Petrochemical Co Ltd 268 0.06 4 Youngone Corp 147 0.04
10 Kumho Tire Co Inc 45 0.01 63,833 15.23
2 LG Chem Ltd 559 0.13 Malaysia - 2.26%
7 LG Corp 449 0.11 1,204 AirAsia Group Bhd 889 0.21
104 LG Display Co Ltd 1,637 0.39 62 Alliance Bank Malaysia Bhd 61 0.01
49 LG Display Co Ltd, ADR 380 0.09 220 AMMB Holdings Bhd 225 0.05
30 LG Electronics Inc 1,921 0.46 36 Astro Malaysia Holdings Bhd 10 –
– LG Household & Health Care Ltd 447 0.11 416 Axiata Group Bhd 362 0.09
2 LG Innotek Co Ltd 204 0.05 8 Batu Kawan Bhd 31 0.01
90 LG Uplus Corp 1,428 0.34 21 BIMB Holdings Bhd 19 –
5 Lotte Chemical Corp 1,265 0.30 8 British American Tobacco Malaysia Bhd 76 0.02
2 LOTTE Fine Chemical Co Ltd 61 0.01 15 Bursa Malaysia Bhd 26 0.01
1 Lotte Shopping Co Ltd 139 0.03 6 Carlsberg Brewery Malaysia Bhd 29 0.01
3 LS Corp 159 0.04 300 CIMB Group Holdings Bhd 413 0.10
1 LS Industrial Systems Co Ltd 29 0.01 153 DiGi.Com Bhd 155 0.04
10 Macquarie Korea Infrastructure Fund 87 0.02 700 FGV Holdings Bhd 148 0.04
6 Mando Corp 149 0.04 128 Gamuda Bhd 72 0.02
– Medy-Tox Inc 121 0.03 876 Genting Bhd 1,315 0.30
16 Meritz Financial Group Inc 162 0.04 177 Genting Malaysia Bhd 121 0.03
13 Meritz Fire & Marine Insurance Co Ltd 255 0.06 10 Genting Plantations Bhd 23 0.01
59 Meritz Securities Co Ltd 234 0.06 24 HAP Seng Consolidated Bhd 57 0.01
19 Mirae Asset Daewoo Co Ltd 121 0.03 44 Hartalega Holdings Bhd 67 0.02
5 NAVER Corp 607 0.14 2 Heineken Malaysia Bhd 9 –
– NCSoft Corp 176 0.04
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 44
Emerging Markets Large Cap Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Malaysia - 2.26% (continued) Mexico - 2.75% (continued)
26 Hong Leong Bank Bhd 129 0.03 46 Industrias Penoles SAB de CV 528 0.13
49 Hong Leong Financial Group Bhd 228 0.05 15 Infraestructura Energetica Nova SAB de CV 57 0.01
51 IHH Healthcare Bhd 66 0.02 88 Kimberly-Clark de Mexico SAB de CV 130 0.03
207 IJM Corp Bhd 81 0.02 37 Megacable Holdings SAB de CV 169 0.04
81 Inari Amertron Bhd 32 0.01 380 Mexichem SAB de CV 887 0.21
99 IOI Corp Bhd 101 0.02 9 Promotora y Operadora de Infraestructura SAB de
CV 82 0.02
166 IOI Properties Group Bhd 65 0.02
221 Wal-Mart de Mexico SAB de CV 547 0.13
13 Kuala Lumpur Kepong Bhd 78 0.02
11,519 2.75
14 LPI Capital Bhd 52 0.01
232 Malayan Banking Bhd 521 0.12 Peru - 0.33%
304 Malaysia Airports Holdings Bhd 559 0.13 1 Cementos Pacasmayo SAA, ADR 10 –
143 Malaysia Building Society Bhd 33 0.01 6 Credicorp Ltd 1,295 0.31
33 Maxis Bhd 43 0.01 19 Grana y Montero SAA, ADR 63 0.02
94 MISC Bhd 138 0.03 1,368 0.33
1 Nestle Malaysia Bhd 43 0.01 Philippines - 1.14%
144 Petronas Chemicals Group Bhd 317 0.08 55 Aboitiz Equity Ventures Inc 55 0.01
12 Petronas Dagangan Bhd 72 0.02 26 Aboitiz Power Corp 16 –
18 Petronas Gas Bhd 81 0.02 521 Alliance Global Group Inc 114 0.03
44 PPB Group Bhd 184 0.04 25 Ayala Corp 450 0.11
47 Press Metal Aluminium Holdings Bhd 54 0.01 426 Ayala Land Inc 339 0.08
169 Public Bank Bhd 1,008 0.23 74 Bank of the Philippine Islands 132 0.03
30 QL Resources Bhd 51 0.01 99 BDO Unibank Inc 246 0.06
60 RHB Bank Bhd 76 0.02 1,390 DMCI Holdings Inc 328 0.08
1,770 Sapura Energy Bhd 151 0.04 6 Globe Telecom Inc 222 0.05
135 Sime Darby Bhd 74 0.02 8 GT Capital Holdings Inc 134 0.03
222 Sime Darby Plantation Bhd 249 0.06 127 International Container Terminal Services Inc 227 0.05
135 Sime Darby Property Bhd 32 0.01 375 JG Summit Holdings Inc 344 0.08
230 SP Setia Bhd Group 118 0.03 22 Jollibee Foods Corp 118 0.03
77 Sunway Bhd 27 0.01 142 LT Group Inc 43 0.01
45 Telekom Malaysia Bhd 25 0.01 12 Manila Electric Co 87 0.02
61 Tenaga Nasional Bhd 209 0.05 1,296 Megaworld Corp 112 0.03
9 Top Glove Corp Bhd 13 – 458 Metro Pacific Investments Corp 41 0.01
25 UMW Holdings Bhd 31 0.01 57 Metropolitan Bank & Trust Co 81 0.02
21 Westports Holdings Bhd 19 – 1 PLDT Inc 31 0.01
1,495 YTL Corp Bhd 401 0.10 16 PLDT Inc, ADR 349 0.08
9,469 2.26 137 Puregold Price Club Inc 112 0.03
Mexico - 2.75% 286 Robinsons Land Corp 112 0.03
1,845 Alfa SAB de CV 1,848 0.45 15 Robinsons Retail Holdings Inc 22 0.01
1,295 America Movil SAB de CV 869 0.22 225 San Miguel Corp 751 0.17
44 Arca Continental SAB de CV 228 0.05 19 Security Bank Corp 59 0.01
285 Banco Santander Mexico SA Institucion de Banca 66 Semirara Mining & Power Corp 33 0.01
Multiple Grupo Financiero Santand 351 0.08 2 SM Investments Corp 41 0.01
86 Cemex SAB de CV, ADR 440 0.10 175 SM Prime Holdings Inc 116 0.03
1 Coca-Cola Femsa SAB de CV 90 0.02 32 Universal Robina Corp 79 0.02
11 El Puerto de Liverpool SAB de CV 63 0.02 4,794 1.14
4 Fomento Economico Mexicano SAB de CV, ADR 351 0.08
Poland - 1.38%
38 Gruma SAB de CV 419 0.10
18 Alior Bank SA 255 0.06
56 Grupo Aeroportuario del Pacifico SAB de CV 389 0.09
8 AmRest Holdings SE 77 0.02
2 Grupo Aeroportuario del Sureste SAB de CV, ADR 233 0.06
3 Bank Handlowy w Warszawie SA 49 0.01
158 Grupo Bimbo SAB de CV 301 0.07
128 Bank Millennium SA 311 0.07
31 Grupo Carso SAB de CV 98 0.02
4 Bank Polska Kasa Opieki SA 130 0.03
7 Grupo Elektra SAB DE CV 307 0.07
1 CCC SA 61 0.01
145 Grupo Financiero Banorte SAB de CV 662 0.16
4 CD Projekt SA 138 0.03
175 Grupo Financiero Inbursa SAB de CV 234 0.06
64 Cyfrowy Polsat SA 378 0.09
613 Grupo Mexico SAB de CV 1,264 0.30
52 Grupa Lotos SA 1,114 0.27
17 Grupo Sanborns SAB de CV 14 –
2 ING Bank Slaski SA 78 0.02
257 Grupo Televisa SAB 700 0.17
6 Jastrzebska Spolka Weglowa SA 107 0.03
17 Grupo Televisa SAB, ADR 230 0.05
18 Impulsora del Desarrollo y el Empleo en America 28 KGHM Polska Miedz SA 672 0.16
Latina SAB de CV 28 0.01 – LPP SA 91 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 45
Emerging Markets Large Cap Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Poland - 1.38% (continued) South Africa - 5.74% (continued)
2 mBank SA 205 0.05 18 Sasol Ltd, ADR 530 0.13
44 PGE Polska Grupa Energetyczna SA 137 0.03 33 Shoprite Holdings Ltd 473 0.11
48 Polski Koncern Naftowy ORLEN SA 1,392 0.33 12 SPAR Group Ltd 173 0.04
38 Polskie Gornictwo Naftowe i Gazownictwo SA 64 0.02 150 Standard Bank Group Ltd 1,888 0.45
24 Powszechna Kasa Oszczednosci Bank Polski SA 264 0.06 16 Tiger Brands Ltd 313 0.07
14 Powszechny Zaklad Ubezpieczen SA 158 0.04 47 Truworths International Ltd 300 0.07
1 Santander Bank Polska SA 118 0.03 36 Vodacom Group Ltd 327 0.08
5,799 1.38 104 Woolworths Holdings Ltd 422 0.10
Russia - 1.68% 24,068 5.74
154 Gazprom PJSC, ADR 736 0.18 Taiwan - 13.05%
12 Lenta Ltd, GDR 42 0.01 22 Accton Technology Corp 70 0.02
15 LUKOIL PJSC, ADR 1,089 0.26 249 Acer Inc 162 0.04
38 Magnitogorsk Iron & Steel Works PJSC, GDR 340 0.08 14 Advantech Co Ltd 109 0.03
12 MMC Norilsk Nickel PJSC, ADR 233 0.06 10 Airtac International Group 109 0.03
1 Novatek PJSC, GDR 142 0.03 624 ASE Industrial Holding Co Ltd 1,258 0.30
6 Novolipetsk Steel PJSC, GDR 132 0.03 35 ASE Industrial Holding Co Ltd, ADR 135 0.03
1 PhosAgro PJSC, GDR 17 – 246 Asia Cement Corp 270 0.06
96 Rosneft Oil Co PJSC, GDR 604 0.14 211 Asia Pacific Telecom Co Ltd 52 0.01
11 RusHydro PJSC, ADR 8 – 57 Asustek Computer Inc 405 0.10
143 Sberbank of Russia PJSC, ADR 1,701 0.41 4,308 AU Optronics Corp 1,766 0.42
5 Severstal PJSC, GDR 67 0.02 203 Catcher Technology Co Ltd 1,756 0.42
4 Tatneft PJSC, ADR 270 0.06 461 Cathay Financial Holding Co Ltd 730 0.17
160 VEON Ltd, ADR 436 0.10 290 Chailease Holding Co Ltd 910 0.22
889 VTB Bank PJSC, GDR 1,112 0.27 364 Chang Hwa Commercial Bank Ltd 207 0.05
4 X5 Retail Group NV, GDR 109 0.03 253 Cheng Shin Rubber Industry Co Ltd 350 0.08
7,038 1.68 94 Chicony Electronics Co Ltd 185 0.04
South Africa - 5.74% 2,264 China Airlines Ltd 811 0.19
138 Absa Group Ltd 1,536 0.37 1,110 China Development Financial Holding Corp 362 0.09
11 Anglo American Platinum Ltd 365 0.09 196 China Life Insurance Co Ltd 186 0.04
207 AngloGold Ashanti Ltd, ADR 2,049 0.50 92 China Motor Corp 69 0.02
27 Aspen Pharmacare Holdings Ltd 282 0.07 1,075 China Steel Corp 839 0.20
4 Assore Ltd 81 0.02 95 Chipbond Technology Corp 185 0.04
7 AVI Ltd 49 0.01 40 Chroma ATE Inc 156 0.04
22 Bid Corp Ltd 412 0.10 10 Chunghwa Telecom Co Ltd, ADR 338 0.08
76 Bidvest Group Ltd 1,122 0.27 510 Compal Electronics Inc 292 0.07
2 Capitec Bank Holdings Ltd 142 0.03 1,907 CTBC Financial Holding Co Ltd 1,271 0.30
8 Clicks Group Ltd 102 0.02 89 CTCI Corp 132 0.03
45 Discovery Ltd 503 0.12 110 Delta Electronics Inc 467 0.11
36 Exxaro Resources Ltd 342 0.08 17 E Ink Holdings Inc 18 –
331 FirstRand Ltd 1,594 0.38 998 E.Sun Financial Holding Co Ltd 676 0.16
17 Foschini Group Ltd 220 0.05 9 Eclat Textile Co Ltd 117 0.03
343 Gold Fields Ltd, ADR 1,005 0.24 81 Epistar Corp 72 0.02
67 Imperial Holdings Ltd 306 0.07 120 Eternal Materials Co Ltd 94 0.02
29 Investec Ltd 175 0.04 1,754 Eva Airways Corp 919 0.22
20 Kumba Iron Ore Ltd 353 0.08 410 Evergreen Marine Corp Taiwan Ltd 156 0.04
28 Liberty Holdings Ltd 220 0.05 747 Far Eastern New Century Corp 693 0.17
267 Life Healthcare Group Holdings Ltd 501 0.12 185 Far EasTone Telecommunications Co Ltd 436 0.10
25 Mondi Ltd 547 0.13 23 Feng TAY Enterprise Co Ltd 148 0.04
67 Motus Holdings Ltd 419 0.10 667 First Financial Holding Co Ltd 433 0.10
18 Mr Price Group Ltd 314 0.07 185 Formosa Chemicals & Fibre Corp 643 0.15
337 MTN Group Ltd 2,119 0.52 65 Formosa Petrochemical Corp 236 0.06
2 Naspers Ltd 487 0.12 141 Formosa Plastics Corp 459 0.11
46 Nedbank Group Ltd 871 0.21 92 Formosa Taffeta Co Ltd 101 0.02
4 NEPI Rockcastle PLC 35 0.01 104 Foxconn Technology Co Ltd 210 0.05
162 Netcare Ltd 301 0.07 854 Fubon Financial Holding Co Ltd 1,357 0.32
13 PSG Group Ltd 223 0.05 72 General Interface Solution Holding Ltd 243 0.06
176 Sanlam Ltd 979 0.23 55 Giant Manufacturing Co Ltd 256 0.06
222 Sappi Ltd 1,215 0.29 28 Globalwafers Co Ltd 336 0.08
26 Sasol Ltd 773 0.18
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 46
Emerging Markets Large Cap Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Taiwan - 13.05% (continued) Taiwan - 13.05% (continued)
3 Grape King Bio Ltd 19 – 448 Walsin Lihwa Corp 270 0.06
87 Highwealth Construction Corp 133 0.03 16 Walsin Technology Corp 99 0.02
26 Hiwin Technologies Corp 207 0.05 257 Wan Hai Lines Ltd 133 0.03
648 Hon Hai Precision Industry Co Ltd 1,521 0.36 116 Win Semiconductors Corp 482 0.11
22 Hotai Motor Co Ltd 170 0.04 782 Winbond Electronics Corp 385 0.09
91 HTC Corp 135 0.03 937 Wistron Corp 597 0.14
645 Hua Nan Financial Holdings Co Ltd 368 0.09 279 WPG Holdings Ltd 340 0.08
3,506 Innolux Corp 1,171 0.28 19 Yageo Corp 231 0.06
512 Inventec Corp 369 0.09 828 Yuanta Financial Holding Co Ltd 424 0.10
2 King Slide Works Co Ltd 22 0.01 104 Yulon Motor Co Ltd 61 0.01
104 King's Town Bank Co Ltd 108 0.03 180 Zhen Ding Technology Holding Ltd 460 0.11
4 Largan Precision Co Ltd 442 0.11 54,708 13.05
142 LCY Chemical Corp 241 0.06 Thailand - 2.91%
616 Lite-On Technology Corp 821 0.20 39 Advanced Info Service PCL 212 0.05
685 Macronix International 460 0.11 114 Airports of Thailand PCL 223 0.05
3 Makalot Industrial Co Ltd 19 – 140 Bangchak Corp PCL 144 0.03
59 MediaTek Inc 457 0.11 10 Bangkok Bank PCL, NVDR 60 0.01
595 Mega Financial Holding Co Ltd 496 0.12 118 Bangkok Dusit Medical Services PCL 96 0.02
134 Micro-Star International Co Ltd 318 0.08 557 Bangkok Expressway & Metro PCL 150 0.04
178 Nan Ya Plastics Corp 431 0.10 69 Bangkok Life Assurance PCL, NVDR 65 0.02
363 Nanya Technology Corp 725 0.17 348 Banpu PCL 180 0.04
7 Nien Made Enterprise Co Ltd 52 0.01 29 Berli Jucker PCL 47 0.01
77 Novatek Microelectronics Corp 326 0.08 16 Bumrungrad Hospital PCL 93 0.02
600 Pegatron Corp 1,023 0.24 21 Central Pattana PCL 49 0.01
28 Phison Electronics Corp 229 0.05 57 Central Plaza Hotel PCL 74 0.02
1,335 Pou Chen Corp 1,456 0.35 304 Charoen Pokphand Foods PCL 231 0.06
294 Powertech Technology Inc 694 0.17 118 CP ALL PCL 245 0.06
26 President Chain Store Corp 269 0.06 37 Delta Electronics Thailand PCL 78 0.02
553 Qisda Corp 342 0.08 8 Electricity Generating PCL 60 0.01
233 Quanta Computer Inc 379 0.09 29 Energy Absolute PCL 42 0.01
34 Realtek Semiconductor Corp 157 0.04 222 Esso Thailand PCL 83 0.02
47 Ruentex Development Co Ltd 75 0.02 9 Glow Energy PCL 24 0.01
268 Ruentex Industries Ltd 795 0.19 366 Home Product Center PCL 169 0.04
1,126 Shin Kong Financial Holding Co Ltd 384 0.09 135 Indorama Ventures PCL 222 0.05
14 Simplo Technology Co Ltd 88 0.02 2,355 IRPC PCL 437 0.10
236 Sino-American Silicon Products Inc 655 0.16 73 Jasmine International PCL 11 –
901 SinoPac Financial Holdings Co Ltd 313 0.07 30 Kasikornbank PCL 175 0.04
15 Standard Foods Corp 23 0.01 87 Kasikornbank PCL, NVDR 511 0.12
119 Synnex Technology International Corp 141 0.03 64 KCE Electronics PCL 54 0.01
133 TA Chen Stainless Pipe 186 0.04 62 Kiatnakin Bank PCL 137 0.03
794 Taishin Financial Holding Co Ltd 351 0.08 287 Krung Thai Bank PCL 176 0.04
443 Taiwan Business Bank 152 0.04 86 Krungthai Card PCL 89 0.02
15 Taiwan Cement Corp (non-voting rights) – – 163 Land & Houses PCL, NVDR 50 0.01
477 Taiwan Cement Corp (voting rights) 537 0.13 117 Minor International PCL 129 0.03
552 Taiwan Cooperative Financial Holding Co Ltd 321 0.08 24 MK Restaurants Group PCL 53 0.01
95 Taiwan Fertilizer Co Ltd 137 0.03 139 Pruksa Holding PCL 79 0.02
189 Taiwan Glass Industry Corp 85 0.02 186 PTT Exploration & Production PCL 746 0.18
71 Taiwan High Speed Rail Corp 71 0.02 314 PTT Global Chemical PCL 749 0.18
59 Taiwan Mobile Co Ltd 209 0.05 2,009 PTT PCL 3,039 0.73
18 Taiwan Secom Co Ltd 52 0.01 19 Siam Cement PCL 254 0.06
680 Taiwan Semiconductor Manufacturing Co Ltd 5,022 1.20 5 Siam City Cement PCL 38 0.01
88 Taiwan Semiconductor Manufacturing Co Ltd, ADR 3,322 0.81 65 Siam Commercial Bank PCL 275 0.07
118 Tatung Co Ltd 156 0.04 86 Siam Global House PCL 52 0.01
199 Teco Electric and Machinery Co Ltd 111 0.03 620 Star Petroleum Refining PCL 226 0.05
35 Transcend Information Inc 78 0.02 67 Supalai PCL 41 0.01
140 Tripod Technology Corp 380 0.09 436 Thai Oil PCL 1,007 0.25
242 Uni-President Enterprises Corp 569 0.14 133 Thai Union Group PCL 71 0.02
5,575 United Microelectronics Corp 2,082 0.50 194 Thanachart Capital PCL 315 0.08
88 Vanguard International Semiconductor Corp 186 0.04 24 Tisco Financial Group PCL 59 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 47
Emerging Markets Large Cap Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Preferred Stock (continued)
Thailand - 2.91% (continued) Brazil - 2.65% (continued)
1,652 TMB Bank PCL 117 0.03 12 Lojas Americanas SA 61 0.01
139 Total Access Communication PCL 203 0.05 467 Petroleo Brasileiro SA 3,079 0.74
2,792 True Corp PCL 496 0.13 12 Telefonica Brasil SA 148 0.04
432 WHA Corp PCL 55 0.01 56 Usinas Siderurgicas de Minas Gerais SA 135 0.03
12,191 2.91 11,135 2.65
Turkey - 0.86% Chile - 0.01%
124 Akbank Turk AS 183 0.04 11 Embotelladora Andina SA 39 0.01
10 Anadolu Efes Biracilik Ve Malt Sanayii AS 41 0.01 39 0.01
13 Arcelik AS 38 0.01 Colombia - 0.07%
10 BIM Birlesik Magazalar AS 166 0.04 9 Banco Davivienda SA 90 0.02
23 Coca-Cola Icecek AS 127 0.03 34 Grupo Argos SA 142 0.03
36 Enka Insaat ve Sanayi AS 32 0.01 7 Grupo de Inversiones Suramericana SA 69 0.02
121 Eregli Demir ve Celik Fabrikalari TAS 176 0.04 301 0.07
2 Ford Otomotiv Sanayi AS 21 0.01
Total Preferred Stock - 2.73% (30 November 2017: 2.48%) 11,475 2.73
64 KOC Holding AS 190 0.05
66 Petkim Petrokimya Holding AS 67 0.02
Real Estate Investment Trust
26 TAV Havalimanlari Holding AS 116 0.03
Mexico - 0.02%
26 Tekfen Holding AS 101 0.02
82 Fibra Uno Administracion SA de CV 82 0.02
7 Tofas Turk Otomobil Fabrikasi AS 25 0.01
10 Tupras Turkiye Petrol Rafinerileri AS 228 0.05 82 0.02
287 Turk Hava Yollari AO 935 0.22 South Africa - 0.03%
62 Turk Telekomunikasyon AS 47 0.01 22 Growthpoint Properties Ltd 37 0.01
126 Turkcell Iletisim Hizmetleri AS 307 0.07 104 Redefine Properties Ltd 72 0.02
169 Turkiye Garanti Bankasi AS 267 0.06 109 0.03
90 Turkiye Halk Bankasi AS 124 0.03 Turkey - 0.00%
149 Turkiye Is Bankasi AS 122 0.03 29 Emlak Konut Gayrimenkul Yatirim Ortakligi AS 9 –
193 Turkiye Sise ve Cam Fabrikalari AS 187 0.04 9 –
97 Turkiye Vakiflar Bankasi TAO 74 0.02 Total Real Estate Investment Trust - 0.05% (30 November 2017:
143 Yapi ve Kredi Bankasi AS 48 0.01 0.07%) 200 0.05
3,622 0.86 Rights
Total Common Stock - 92.71% (30 November 2017: 92.82%) 388,653 92.71 China - 0.00%
1 Fosun International Ltd – –
Preferred Stock – –
Brazil - 2.65% Total Rights - 0.00% (30 November 2017: 0.00%) – –
315 Banco Bradesco SA 3,154 0.75 Total Investments - 99.97% (30 November 2017: 99.74%) 419,088 99.97
7 Centrais Eletricas Brasileiras SA 54 0.01
21 Cia Brasileira de Distribuicao 461 0.11
19 Cia Energetica de Minas Gerais 62 0.01
427 Itau Unibanco Holding SA 3,981 0.95
% of Net
Value (000's) Asset
USD Value
Cash and Cash Equivalents - 0.47% (30 November 2017: 0.40%) 1,957 0.47
Other Liabilities in Excess of Other Assets - (0.44)% (30 November 2017: (0.14)%) (1,834) (0.44)
Total Net Assets 419,211 100.00
Amounts designated as “–“ are either $0, less than $500 or less than 500 shares.
Analysis of Total Assets (unaudited) % of Total Assets
Transferable securities admitted to an official stock exchange listing 94.60
Investment Funds 4.43
Current Assets 0.97
Total Assets 100.00
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 48
Emerging Markets Value Fund
Portfolio of Investments as at 30 November 2018
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock Common Stock (continued)
Brazil - 8.50% Chile - 1.21% (continued)
61 Aliansce Shopping Centers SA 295 0.02 1,206 Empresas CMPC SA 4,168 0.22
11 Alliar Medicos A Frente SA 38 – 142 Empresas COPEC SA 1,912 0.10
45 Anima Holding SA 195 0.01 145 Empresas Hites SA 103 0.01
150 B3 SA - Brasil Bolsa Balcao 1,091 0.06 1,895 Empresas La Polar SA 96 –
19 Banco Bradesco, ADR 193 0.01 24,123 Enel Americas SA 4,175 0.22
31 Banco BTG Pactual SA 176 0.01 242 Enel Chile SA, ADR 1,162 0.06
1,048 Banco do Brasil SA 12,111 0.63 86 Grupo Security SA 37 –
317 Banco Santander Brasil SA 3,510 0.18 234 Inversiones Aguas Metropolitanas SA 348 0.02
27 BrasilAgro - Co Brasileira de Propriedades 119,093 Itau CorpBanca 1,128 0.06
Agricolas 109 0.01
115 Latam Airlines Group SA, ADR 1,201 0.06
245 BRF SA 1,402 0.07
3,897 Masisa SA 223 0.01
842 Cia Siderurgica Nacional SA 1,932 0.10
151 PAZ Corp SA 219 0.01
40 Cia Siderurgica Nacional SA, ADR 90 –
923 Ripley Corp SA 797 0.04
50 Construtora Tenda SA 395 0.02
427 Salfacorp SA 614 0.03
39 Cosan Logistica SA 130 0.01
261 Sigdo Koppers SA 407 0.02
152 Cosan SA 1,351 0.07
6,216 Sociedad Matriz SAAM SA 548 0.03
17 CSU Cardsystem SA 30 –
881 Socovesa SA 473 0.02
465 Duratex SA 1,472 0.08
172 Vina Concha y Toro SA 351 0.02
173 Embraer SA, ADR 3,893 0.20
23,288 1.21
26 Estacio Participacoes SA 164 0.01
China - 18.31%
129 Ez Tec Empreendimentos e Participacoes SA 767 0.04
508 361 Degrees International Ltd 126 0.01
282 Fibria Celulose SA 5,332 0.28
1,900 Agile Group Holdings Ltd 2,596 0.13
254 Gerdau SA 798 0.04
18,122 Agricultural Bank of China Ltd 8,238 0.43
916 Gerdau SA, ADR 3,682 0.19
618 Air China Ltd 603 0.03
14 Guararapes Confeccoes SA 580 0.03
1,206 Aluminum Corp of China Ltd 436 0.02
– Helbor Empreendimentos SA – –
734 AMVIG Holdings Ltd 177 0.01
153 International Meal Co Alimentacao SA 273 0.01
794 Angang Steel Co Ltd 653 0.03
164 Iochpe Maxion SA 1,030 0.05
1,212 Anton Oilfield Services Group 155 0.01
1,187 JBS SA 3,616 0.19
270 Asia Cement China Holdings Corp 207 0.01
853 Kroton Educacional SA 2,317 0.12
274 AVIC International Holdings Ltd 150 0.01
33 Magnesita Refratarios SA 474 0.02
984 BAIC Motor Corp Ltd 606 0.03
13 Marisa Lojas SA 19 –
47,809 Bank of China Ltd 20,961 1.09
528 MRV Engenharia e Participacoes SA 1,658 0.09
379 Bank of Chongqing Co Ltd 230 0.01
8 Petro Rio SA 206 0.01
4,625 Bank of Communications Co Ltd 3,527 0.18
2,310 Petroleo Brasileiro SA 16,816 0.86
354 Baoye Group Co Ltd 190 0.01
1,562 Petroleo Brasileiro SA, ADR (non-voting rights) 20,525 1.06
1,376 BBMG Corp 446 0.02
630 Petroleo Brasileiro SA, ADR (voting rights) 9,175 0.48
270 Beijing Capital International Airport Co Ltd 301 0.02
55 Porto Seguro SA 740 0.04
392 Beijing Capital Land Ltd 155 0.01
127 QGEP Participacoes SA 343 0.02
1,100 Beijing Enterprises Clean Energy Group Ltd 15 –
208 Rumo SA 938 0.05
330 Beijing Enterprises Holdings Ltd 1,944 0.10
204 Santos Brasil Participacoes SA 216 0.01
474 Beijing Enterprises Medical & Health Group Ltd 13 –
23 Sao Carlos Empreendimentos e Participacoes SA 177 0.01
338 Beijing North Star Co Ltd 101 0.01
73 SLC Agricola SA 879 0.05
29 Beijing Urban Construction Design & Development
347 Sul America SA 2,414 0.13 Group Co Ltd 10 –
109 Suzano Papel e Celulose SA 1,148 0.06 80 Bosideng International Holdings Ltd 14 –
64 Tupy SA 327 0.02 224 Boyaa Interactive International Ltd 45 –
112 Usinas Siderurgicas de Minas Gerais SA 344 0.02 179 BYD Electronic International Co Ltd 253 0.01
4,194 Vale SA 57,333 2.97 724 C C Land Holdings Ltd 169 0.01
184 Vale SA, ADR 2,514 0.13 170 Cabbeen Fashion Ltd 48 –
30 Valid Solucoes e Servicos de Seguranca em Meios
1,192 Capital Environment Holdings Ltd 25 –
de Pagamento e Identificacao SA 131 0.01
140 CAR Inc 123 0.01
217 Via Varejo SA 291 0.02
1,690 Carnival Group International Holdings Ltd 25 –
163,640 8.50
646 Central China Real Estate Ltd 237 0.01
Chile - 1.21%
1,600 Century Sunshine Group Holdings Ltd 40 –
31 Besalco SA 26 –
930 CGN Meiya Power Holdings Co Ltd 144 0.01
100 CAP SA 915 0.05
432 Chaowei Power Holdings Ltd 204 0.01
59 Cementos BIO BIO SA 80 –
34 Chiho Environmental Group Ltd 11 –
1,752 Cencosud SA 3,244 0.17
1,300 China Aerospace International Holdings Ltd 88 –
2,362 Cia Sud Americana de Vapores SA 73 –
793 China Agri-Industries Holdings Ltd 301 0.02
35 Cristalerias de Chile SA 301 0.02
737 China Aoyuan Property Group Ltd 475 0.02
83 Empresa Nacional de Telecomunicaciones SA 687 0.04
1,104 China BlueChemical Ltd 354 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 49
Emerging Markets Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
China - 18.31% (continued) China - 18.31% (continued)
7,219 China Cinda Asset Management Co Ltd 1,944 0.10 701 China Unicom Hong Kong Ltd, ADR 8,230 0.44
4,808 China CITIC Bank Corp Ltd 3,063 0.16 161 China Vast Industrial Urban Development Co Ltd 66 –
1,238 China Coal Energy Co Ltd 497 0.03 172 China XLX Fertiliser Ltd 63 –
3,245 China Communications Construction Co Ltd 3,168 0.16 759 China ZhengTong Auto Services Holdings Ltd 449 0.02
1,511 China Communications Services Corp Ltd 1,266 0.07 1,694 China Zhongwang Holdings Ltd 785 0.04
56,227 China Construction Bank Corp 48,007 2.50 2,054 Chongqing Rural Commercial Bank Co Ltd 1,206 0.06
956 China Dongxiang Group Co Ltd 153 0.01 254 Chu Kong Shipping Enterprises Group Co Ltd 59 –
268 China Eastern Airlines Corp Ltd 168 0.01 1,192 CIFI Holdings Group Co Ltd 602 0.03
1,244 China Electronics Optics Valley Union Holding Co 387 CITIC Dameng Holdings Ltd 19 –
Ltd 48 –
2,975 CITIC Ltd 4,789 0.25
818 China Energy Engineering Corp Ltd 100 0.01
1,640 CITIC Resources Holdings Ltd 139 0.01
1,693 China Everbright Bank Co Ltd 754 0.04
105 CITIC Securities Co Ltd 196 0.01
604 China Everbright Ltd 1,131 0.06
10,101 CNOOC Ltd 17,064 0.90
716 China Fiber Optic Network System Group Ltd 26 –
16 CNOOC Ltd, ADR 2,676 0.14
778 China Galaxy Securities Co Ltd 419 0.02
77 Cogobuy Group 30 –
688 China Glass Holdings Ltd 47 –
1,255 Coolpad Group Ltd 13 –
340 China Greenfresh Group Co Ltd 44 –
536 COSCO SHIPPING Ports Ltd 545 0.03
105 China Hanking Holdings Ltd 12 –
325 CPMC Holdings Ltd 134 0.01
453 China Harmony New Energy Auto Holding Ltd 178 0.01
626 CT Environmental Group Ltd 26 –
83 China High Precision Automation Group Ltd 2 –
293 DaChan Food Asia Ltd 16 –
1,209 China Hongqiao Group Ltd 751 0.04
660 Dah Chong Hong Holdings Ltd 247 0.01
6,511 China Huarong Asset Management Co Ltd 1,344 0.07
1,704 Dongfeng Motor Group Co Ltd 1,648 0.09
685 China Huiyuan Juice Group Ltd 66 –
24 Dongyue Group Ltd 13 –
96 China International Marine Containers Group Co
Ltd 104 0.01 888 Dynasty Fine Wines Group Ltd 31 –
3,612 China Jinmao Holdings Group Ltd 1,743 0.09 708 E-Commodities Holdings Ltd 36 –
706 China Lesso Group Holdings Ltd 363 0.02 594 EVA Precision Industrial Holdings Ltd 48 –
213 China Longevity Group Co Ltd 7 – 27 Everbright Securities Co Ltd 26 –
4,586 China Lumena New Materials Corp – – 162 Evergreen International Holdings Ltd 10 –
543 China Machinery Engineering Corp 271 0.01 1,454 Fantasia Holdings Group Co Ltd 176 0.01
932 China Merchants Land Ltd 138 0.01 872 Far East Horizon Ltd 869 0.05
790 China Merchants Port Holdings Co Ltd 1,442 0.07 1,410 Fosun International Ltd 2,257 0.12
580 China Metal Recycling Holdings Ltd – – 917 Fufeng Group Ltd 376 0.02
4,372 China Minsheng Banking Corp Ltd 3,238 0.17 418 GCL New Energy Holdings Ltd 16 –
4,295 China Mobile Ltd 42,814 2.23 9,929 GCL-Poly Energy Holdings Ltd 689 0.04
4,237 China National Building Material Co Ltd 3,327 0.17 2,816 Gemdale Properties & Investment Corp Ltd 268 0.01
2,720 China Oil & Gas Group Ltd 174 0.01 293 GF Securities Co Ltd 436 0.02
956 China Oilfield Services Ltd 896 0.05 431 Goldlion Holdings Ltd 172 0.01
468 China Oriental Group Co Ltd 302 0.02 131 Goldpac Group Ltd 31 –
1,140 China Overseas Grand Oceans Group Ltd 403 0.02 444 Grand Baoxin Auto Group Ltd 145 0.01
3,004 China Overseas Land & Investment Ltd 10,534 0.56 1,548 Great Wall Motor Co Ltd 993 0.05
11,490 China Petroleum & Chemical Corp 9,835 0.51 718 Greenland Hong Kong Holdings Ltd 191 0.01
119 China Petroleum & Chemical Corp, ADR 10,137 0.54 210 Greentown China Holdings Ltd 172 0.01
1,495 China Railway Construction Corp Ltd 1,920 0.10 67 Guangdong Yueyun Transportation Co Ltd-H 26 –
2,897 China Railway Group Ltd 2,670 0.14 98 Guangshen Railway Co Ltd 38 –
1,954 China Reinsurance Group Corp 408 0.02 17 Guangshen Railway Co Ltd, ADR 332 0.02
2,140 China Resources Land Ltd 7,966 0.41 1,154 Guangzhou Automobile Group Co Ltd 1,205 0.06
184 China Saite Group Co Ltd 12 – 1,057 Guangzhou R&F Properties Co Ltd 1,649 0.09
650 Guodian Technology & Environment Group Corp
383 China Sanjiang Fine Chemicals Co Ltd 96 0.01
Ltd 24 –
1,129 China SCE Group Holdings Ltd 406 0.02
40 Guolian Securities Co Ltd 9 –
425 China Shengmu Organic Milk Ltd 15 –
298 Guorui Properties Ltd 79 –
1,870 China Shenhua Energy Co Ltd 4,188 0.22
24 Guotai Junan Securities Co Ltd 50 –
584 China Silver Group Ltd 63 –
1,474 Haitong Securities Co Ltd 1,537 0.08
504 China Singyes Solar Technologies Holdings Ltd 138 0.01
320 Harbin Bank Co Ltd 75 –
2,272 China South City Holdings Ltd 347 0.02
139 Harbin Electric Co Ltd 43 –
424 China Southern Airlines Co Ltd 290 0.02
95 HC Group Inc 58 –
1,320 China Starch Holdings Ltd 31 –
981 Hi Sun Technology China Ltd 155 0.01
294 China State Construction International Holdings Ltd 257 0.01
112 HKC Holdings Ltd 91 0.01
158 China Sunshine Paper Holdings Co Ltd 28 –
89 Honworld Group Ltd 38 –
562 China Taifeng Beddings Holdings Ltd 15 –
116 Hopefluent Group Holdings Ltd 33 –
1,390 China Travel International Investment Hong Kong
Ltd 387 0.02 714 Hopson Development Holdings Ltd 572 0.03
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 50
Emerging Markets Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
China - 18.31% (continued) China - 18.31% (continued)
4,280 Hua Han Health Industry Holdings Ltd 116 0.01 93 Semiconductor Manufacturing International Corp,
ADR 430 0.02
3,638 Huaneng Renewables Corp Ltd 1,150 0.06
175 Shandong Chenming Paper Holdings Ltd 103 0.01
58 Huatai Securities Co Ltd 96 0.01
1,176 Shanghai Electric Group Co Ltd 401 0.02
383 Huishang Bank Corp Ltd 169 0.01
523 Shanghai Industrial Holdings Ltd 1,144 0.06
132 Hydoo International Holding Ltd 9 –
1,174 Shanghai Industrial Urban Development Group Ltd 202 0.01
54,523 Industrial & Commercial Bank of China Ltd 38,942 2.03
854 Shanghai Jin Jiang International Hotels Group Co
31 Inner Mongolia Yitai Coal Co Ltd 25 – Ltd 231 0.01
92 Jiangnan Group Ltd 4 – 10 Shanghai La Chapelle Fashion Co Ltd 9 –
812 Jiangxi Copper Co Ltd 984 0.05 153 Shanghai Pharmaceuticals Holding Co Ltd 378 0.02
131 Jingrui Holdings Ltd 38 – 422 Shanghai Prime Machinery Co Ltd 63 –
20 JinkoSolar Holding Co Ltd, ADR 232 0.01 79 Shengjing Bank Co Ltd 38 –
1,544 Joy City Property Ltd 170 0.01 1,284 Shenzhen Investment Ltd 420 0.02
974 Ju Teng International Holdings Ltd 240 0.01 1,337 Shimao Property Holdings Ltd 3,329 0.17
800 K Wah International Holdings Ltd 393 0.02 1,234 Shougang Concord International Enterprises Co
705 Kaisa Group Holdings Ltd 228 0.01 Ltd 35 –
453 Kangda International Environmental Co Ltd 51 – 1,458 Shougang Fushan Resources Group Ltd 308 0.02
720 Kingboard Holdings Ltd 2,068 0.11 2,447 Shui On Land Ltd 581 0.03
207 Kingboard Laminates Holdings Ltd 198 0.01 124 Sihuan Pharmaceutical Holdings Group Ltd 28 –
240 Kunlun Energy Co Ltd 292 0.02 763 SIM Technology Group Ltd 28 –
878 KWG Group Holdings Ltd 788 0.04 2,756 Sino-Ocean Group Holding Ltd 1,239 0.06
58 Lee & Man Paper Manufacturing Ltd 53 – 853 Sinopec Engineering Group Co Ltd 792 0.04
116 Legend Holdings Corp 341 0.02 760 Sinopec Kantons Holdings Ltd 313 0.02
141 Leoch International Technology Ltd 12 – 1,272 Sinotrans Ltd 512 0.03
46 Lianhua Supermarket Holdings Co Ltd 10 – 791 Sinotruk Hong Kong Ltd 1,304 0.07
295 LK Technology Holdings Ltd 29 – 1,500 SOHO China Ltd 562 0.03
207 Longfor Group Holdings Ltd 585 0.03 595 Springland International Holdings Ltd 107 0.01
1,100 Maanshan Iron & Steel Co Ltd 510 0.03 248 Summi Group Holdings Ltd 6 –
1,216 Maoye International Holdings Ltd 86 0.01 35 Sunshine 100 China Holdings Ltd 17 –
1,126 Metallurgical Corp of China Ltd 287 0.01 224 Technovator International Ltd 30 –
1,470 Mingyuan Medicare Development Co Ltd 8 – 335 Tenwow International Holdings Ltd 16 –
1,386 Minmetals Land Ltd 242 0.01 91 Texhong Textile Group Ltd 109 0.01
492 Modern Land China Co Ltd 70 – 332 Tian An China Investment Co Ltd 175 0.01
281 Nature Home Holding Co Ltd 50 – 370 Tiangong International Co Ltd 78 –
131 New World Department Store China Ltd 29 – 2,184 Tianjin Port Development Holdings Ltd 238 0.01
1,059 Nine Dragons Paper Holdings Ltd 1,081 0.06 517 Tomson Group Ltd 167 0.01
1,261 NVC Lighting Holding Ltd 92 0.01 90 Tongda Group Holdings Ltd 10 –
118 Overseas Chinese Town Asia Holdings Ltd 38 – 34 Tonly Electronics Holdings Ltd 26 –
85 Ozner Water International Holding Ltd 19 – 36 Top Spring International Holdings Ltd 11 –
472 Panda Green Energy Group Ltd 18 – 88 TPV Technology Ltd 10 –
840 Parkson Retail Group Ltd 64 – 502 Trigiant Group Ltd 58 –
529 PAX Global Technology Ltd 242 0.01 2,178 Trony Solar Holdings Co Ltd 33 –
3,373 People's Insurance Co Group of China Ltd 1,462 0.08 50 Truly International Holdings Ltd 8 –
17,708 PetroChina Co Ltd 12,369 0.66 1,014 United Energy Group Ltd 192 0.01
1,330 PICC Property & Casualty Co Ltd 1,372 0.07 356 Wasion Holdings Ltd 188 0.01
51 Poly Culture Group Corp Ltd 59 – 333 Weiqiao Textile Co 107 0.01
1,439 Poly Property Group Co Ltd 492 0.03 2,264 West China Cement Ltd 357 0.02
1,086 Postal Savings Bank of China Co Ltd 659 0.03 1,080 Xiamen International Port Co Ltd 158 0.01
1,265 Pou Sheng International Holdings Ltd 241 0.01 268 Xinchen China Power Holdings Ltd 17 –
1,134 Powerlong Real Estate Holdings Ltd 462 0.02 924 Xingda International Holdings Ltd 274 0.01
240 PW Medtech Group Ltd 36 – 17 Xinyuan Real Estate Co Ltd, ADR 71 –
119 Qingdao Port International Co Ltd 68 – 1,124 Yanzhou Coal Mining Co Ltd 1,017 0.05
1,017 Qunxing Paper Holdings Co Ltd 49 – 132 Yip's Chemical Holdings Ltd 41 –
329 Real Gold Mining Ltd 11 – 209 Youyuan International Holdings Ltd 66 –
176 Red Star Macalline Group Corp Ltd 164 0.01 7,201 Yuexiu Property Co Ltd 1,340 0.07
149 Regal International Airport Group Co Ltd 136 0.01 1,061 Yuzhou Properties Co Ltd 468 0.02
260 Rentian Technology Holdings Ltd 3 – 155 Zhejiang Glass Co Ltd – –
73 Ronshine China Holdings Ltd 92 0.01 55 Zhengzhou Coal Mining Machinery Group Co Ltd 27 –
518 Sany Heavy Equipment International Holdings Co 1,261 Zhong An Real Estate Ltd 44 –
Ltd 169 0.01 352,274 18.31
36 Seaspan Corp 341 0.02
Colombia - 0.29%
1,719 Semiconductor Manufacturing International Corp 1,594 0.08
284 Almacenes Exito SA 1,171 0.06
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 51
Emerging Markets Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Colombia - 0.29% (continued) India - 13.87% (continued)
8 Cementos Argos SA 18 – 883 Bharat Heavy Electricals Ltd 865 0.04
381 Ecopetrol SA 365 0.02 2,210 Bharti Airtel Ltd 10,011 0.53
338 Grupo Argos SA 1,689 0.09 110 Bharti Infratel Ltd 403 0.02
232 Grupo de Inversiones Suramericana SA 2,321 0.12 12 Biocon Ltd 111 0.01
8 Grupo Nutresa SA 58 – 17 Birla Corp Ltd 146 0.01
5,622 0.29 59 Brigade Enterprises Ltd 165 0.01
Czech Republic - 0.23% 18 BSE Ltd 157 0.01
193 CEZ AS 4,601 0.23 138 Canara Bank 505 0.03
33 Ceat Ltd 603 0.03
4,601 0.23
43 Central Bank of India 18 –
Greece - 0.02%
684 CG Power and Industrial Solutions Ltd 380 0.02
68 Alpha Bank AE 97 0.01
278 Chambal Fertilizers and Chemicals Ltd 610 0.03
39 Ellaktor SA 54 –
307 Chennai Super Kings Cricket Ltd 2 –
20 GEK Terna Holding Real Estate Construction SA 99 0.01
37 City Union Bank Ltd 92 0.01
27 Intracom Holdings SA 19 –
30 Coffee Day Enterprises Ltd 115 0.01
269 0.02
22 Container Corp Of India Ltd 218 0.01
Hungary - 0.27% 50 Cox & Kings Financial Service Ltd 46 –
473 MOL Hungarian Oil & Gas PLC 5,247 0.27 149 Cox & Kings Ltd 375 0.02
5,247 0.27 79 Cyient Ltd 682 0.04
India - 13.87% 18 DB Corp Ltd 45 –
7 5Paisa Capital Ltd 21 – 236 DCB Bank Ltd 532 0.03
1 Aarti Drugs Ltd 10 – 33 DCM Shriram Ltd 174 0.01
51 ACC Ltd 1,098 0.06 79 Deepak Fertilisers & Petrochemicals Corp Ltd 181 0.01
393 Adani Enterprises Ltd 933 0.05 8 Deepak Nitrite Ltd 29 –
393 Adani Gas Ltd 557 0.03 14 DEN Networks Ltd 14 –
299 Adani Green Energy Ltd 199 0.01 216 Dewan Housing Finance Corp Ltd 659 0.03
694 Adani Power Ltd 550 0.03 33 Dhampur Sugar Mills Ltd 73 –
45 Adani Transmission Ltd 145 0.01 69 Dishman Carbogen Amcis Ltd 235 0.01
112 Aditya Birla Capital Ltd 169 0.01 399 DLF Ltd 1,025 0.05
81 Aditya Birla Fashion and Retail Ltd 212 0.01 137 Dr Reddy's Laboratories Ltd 5,320 0.29
92 Alembic Ltd 57 – 4 Dredging Corp of India Ltd 19 –
83 Allahabad Bank 58 – 9 Edelweiss Financial Services Ltd 22 –
95 Allcargo Logistics Ltd 143 0.01 107 EID Parry India Ltd 322 0.02
528 Ambuja Cements Ltd 1,650 0.09 69 Electrosteel Castings Ltd 22 –
78 Amtek Auto Ltd 4 – 47 Engineers India Ltd 79 –
124 Anant Raj Ltd 60 – 30 Eros International Media Ltd 40 –
108 Andhra Bank 44 – 21 Essel Propack Ltd 27 –
5 Andhra Sugars Ltd 23 – 13 FDC Ltd 34 –
7 Anveshan Heavy Engineering Ltd 9 – 1,467 Federal Bank Ltd 1,796 0.09
12 Apar Industries Ltd 109 0.01 1 FIEM Industries Ltd 7 –
392 Apollo Tyres Ltd 1,343 0.07 22 Finolex Cables Ltd 147 0.01
36 Arvind Fashions Ltd 505 0.03 8 Finolex Industries Ltd 60 –
178 Arvind Ltd 262 0.01 376 Firstsource Solutions Ltd 281 0.01
41 Ashiana Housing Ltd 73 – 370 Fortis Healthcare Ltd 786 0.04
77 Ashoka Buildcon Ltd 146 0.01 202 Future Enterprises Ltd 117 0.01
9 Asian Granito India Ltd 26 – 73 Future Retail Ltd 550 0.03
271 Aurobindo Pharma Ltd 3,151 0.16 872 GAIL India Ltd 4,292 0.22
1,468 Axis Bank Ltd 13,159 0.69 107 Gateway Distriparks Ltd 216 0.01
12 Bajaj Electricals Ltd 83 – 65 Gati Ltd 81 –
1 Bajaj Finserv Ltd 62 – 61 Genus Power Infrastructures Ltd 25 –
434 Bajaj Hindusthan Sugar Ltd 60 – 59 GHCL Ltd 191 0.01
44 Bajaj Holdings & Investment Ltd 1,884 0.10 18 GIC Housing Finance Ltd 59 –
22 Balaji Telefilms Ltd 30 – 102 Glenmark Pharmaceuticals Ltd 962 0.05
1 Balkrishna Industries Ltd 13 – 14 Godawari Power and Ispat Ltd 59 –
83 Balmer Lawrie & Co Ltd 225 0.01 22 Godfrey Phillips India Ltd 291 0.02
150 Balrampur Chini Mills Ltd 218 0.01 94 Granules India Ltd 120 0.01
31 Banco Products India Ltd 74 – 274 Grasim Industries Ltd 3,396 0.19
489 Bank of Baroda 738 0.04 106 Great Eastern Shipping Co Ltd 429 0.02
42 Bank of India 51 – 91 Greaves Cotton Ltd 159 0.01
6 BEML Ltd 62 – 46 Gujarat Alkalies & Chemicals Ltd 368 0.02
391 Bharat Electronics Ltd 466 0.02 54 Gujarat Ambuja Exports Ltd 182 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 52
Emerging Markets Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
India - 13.87% (continued) India - 13.87% (continued)
41 Gujarat Fluorochemicals Ltd 529 0.03 1,595 JSW Steel Ltd 7,222 0.39
190 Gujarat Mineral Development Corp Ltd 235 0.01 101 Jubilant Life Sciences Ltd 1,127 0.06
64 Gujarat Narmada Valley Fertilizers & Chemicals Ltd 315 0.02 4 Just Dial Ltd 25 –
73 Gujarat Pipavav Port Ltd 100 0.01 68 Kalpataru Power Transmission Ltd 349 0.02
109 Gujarat State Fertilizers & Chemicals Ltd 166 0.01 16 Kalyani Steels Ltd 52 –
168 Gujarat State Petronet Ltd 449 0.02 306 Karnataka Bank Ltd 456 0.02
58 Hathway Cable & Datacom Ltd 26 – 508 Karur Vysya Bank Ltd 577 0.03
99 HBL Power Systems Ltd 38 – 64 KCP Ltd 84 –
1 HEG Ltd 80 – 31 KEC International Ltd 132 0.01
67 HeidelbergCement India Ltd 144 0.01 15 Kiri Industries Ltd 105 0.01
52 Hikal Ltd 113 0.01 25 Kirloskar Brothers Ltd 60 –
3 HIL Ltd 100 0.01 7 KNR Constructions Ltd 18 –
325 Himachal Futuristic Communications Ltd 85 – 29 Kolte-Patil Developers Ltd 95 0.01
21 Himatsingka Seide Ltd 66 – 234 KPIT Technologies Ltd 701 0.04
1,406 Hindalco Industries Ltd 4,573 0.25 7 KPR Mill Ltd 55 –
9 Hinduja Global Solutions Ltd 80 – 9 KRBL Ltd 39 –
3 Hindustan Media Ventures Ltd 6 – 69 Lakshmi Vilas Bank Ltd 89 0.01
284 Housing Development & Infrastructure Ltd 83 – 2 Laurus Labs Ltd 10 –
47 HSIL Ltd 137 0.01 345 LIC Housing Finance Ltd 2,307 0.12
96 HT Media Ltd 55 – 6 Linde India Ltd 54 –
3 Huhtamaki PPL Ltd 9 – 168 LT Foods Ltd 101 0.01
3,672 ICICI Bank Ltd 18,796 0.99 5 Lumax Auto Technologies Ltd 15 –
252 IDBI Bank Ltd 215 0.01 304 Lupin Ltd 3,841 0.21
1,655 IDFC Bank Ltd 914 0.05 147 Magma Fincorp Ltd 238 0.01
1,472 IDFC Ltd 869 0.05 – Maharashtra Scooters Ltd 9 –
178 IIFL Holdings Ltd 1,209 0.06 37 Maharashtra Seamless Ltd 250 0.01
79 IL&FS Transportation Networks Ltd 18 – 127 Mahindra & Mahindra Financial Services Ltd 816 0.04
331 India Cements Ltd 447 0.02 657 Mahindra & Mahindra Ltd 7,461 0.40
18 India Glycols Ltd 78 – 56 Mahindra & Mahindra Ltd, GDR 647 0.03
257 Indiabulls Housing Finance Ltd 2,629 0.14 122 Mahindra CIE Automotive Ltd 454 0.02
247 Indiabulls Real Estate Ltd 279 0.01 22 Mahindra Lifespace Developers Ltd 125 0.01
64 Indian Bank 210 0.01 2 Maithan Alloys Ltd 18 –
45 Indian Hotels Co Ltd 94 0.01 87 Man Infraconstruction Ltd 45 –
4 Indian Metals & Ferro Alloys Ltd 14 – 569 Manappuram Finance Ltd 705 0.04
48 Indo Count Industries Ltd 43 – 120 Marksans Pharma Ltd 50 –
16 Indoco Remedies Ltd 49 – 14 Mastek Ltd 86 –
2 INEOS Styrolution India Ltd 19 – 38 Max India Ltd 33 –
102 Infosys Ltd 979 0.05 67 McLeod Russel India Ltd 121 0.01
12 Ingersoll-Rand India Ltd 93 0.01 91 Meghmani Organics Ltd 78 –
11 Inox Leisure Ltd 35 – 113 Mercator Ltd 22 –
40 Inox Wind Ltd 46 – 15 Mindtree Ltd 190 0.01
3 Insecticides India Ltd 22 – 31 Mirza International Ltd 36 –
46 J Kumar Infraprojects Ltd 89 – 91 MOIL Ltd 219 0.01
67 Jagran Prakashan Ltd 107 0.01 3 Monte Carlo Fashions Ltd 14 –
64 Jai Corp Ltd 97 0.01 64 Mphasis Ltd 905 0.05
522 Jain Irrigation Systems Ltd 498 0.03 1 MPS Ltd 10 –
2 Jaiprakash Associates Ltd – – 1 MRF Ltd 594 0.03
30 Jammu & Kashmir Bank Ltd 16 – 138 Muthoot Finance Ltd 897 0.05
40 JB Chemicals & Pharmaceuticals Ltd 172 0.01 191 Nagarjuna Fertilizers & Chemicals Ltd 22 –
25 Jindal Poly Films Ltd 83 – 868 National Aluminium Co Ltd 839 0.04
244 Jindal Saw Ltd 287 0.01 33 National Fertilizers Ltd 16 –
97 Jindal Stainless Ltd 52 – 135 Nava Bharat Ventures Ltd 230 0.01
344 Jindal Steel & Power Ltd 764 0.04 1 Navin Fluorine International Ltd 12 –
7 JK Cement Ltd 72 – 43 Navkar Corp Ltd 37 –
18 JK Lakshmi Cement Ltd 71 – 675 NCC Ltd 842 0.04
104 JK Paper Ltd 249 0.01 83 NIIT Ltd 94 –
148 JK Tyre & Industries Ltd 210 0.01 18 NIIT Technologies Ltd 279 0.01
127 JM Financial Ltd 160 0.01 3 Nilkamal Ltd 57 –
48 JMC Projects India Ltd 59 – 26 NOCIL Ltd 64 –
643 JSW Energy Ltd 631 0.03 7 Nucleus Software Exports Ltd 38 –
1 JSW Holdings Ltd 37 – 56 Oberoi Realty Ltd 362 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 53
Emerging Markets Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
India - 13.87% (continued) India - 13.87% (continued)
15 Odisha Cement Ltd 201 0.01 1,137 State Bank of India 4,642 0.25
51 Omaxe Ltd 153 0.01 3 State Bank of India, GDR 133 0.01
45 Orient Cement Ltd 51 – 518 Steel Authority of India Ltd 411 0.02
45 PC Jeweller Ltd 45 – 13 Strides Pharma Science Ltd 89 –
63 Persistent Systems Ltd 549 0.03 144 Sun Pharmaceutical Industries Ltd 1,015 0.05
16 Petronet LNG Ltd 49 – 13 Sunteck Realty Ltd 63 –
67 Phillips Carbon Black Ltd 205 0.01 27 Surya Roshni Ltd 83 –
71 Piramal Enterprises Ltd 2,239 0.12 19 Sutlej Textiles and Industries Ltd 12 –
5 PNC Infratech Ltd 10 – 53 Syndicate Bank 26 –
10 Polyplex Corp Ltd 82 – 45 TAKE Solutions Ltd 87 –
1,125 Power Finance Corp Ltd 1,395 0.07 41 Tamil Nadu Newsprint & Papers Ltd 148 0.01
6 Power Mech Projects Ltd 75 – 136 Tata Chemicals Ltd 1,359 0.07
42 Prabhat Dairy Ltd 55 – 297 Tata Global Beverages Ltd 929 0.05
72 Praj Industries Ltd 110 0.01 1,824 Tata Motors Ltd 4,499 0.24
76 Prakash Industries Ltd 98 0.01 63 Tata Motors Ltd, ADR 766 0.04
145 Prestige Estates Projects Ltd 456 0.02 517 Tata Steel Ltd 3,926 0.20
243 PTC India Financial Services Ltd 55 – 36 Tata Steel Ltd (voting rights) 52 –
251 PTC India Ltd 291 0.02 53 Tech Mahindra Ltd 541 0.03
332 Punjab National Bank 334 0.02 8 Techno Electric & Engineering Co Ltd 30 –
53 Puravankara Ltd 59 – 3 Tejas Networks Ltd 8 –
5 Quick Heal Technologies Ltd 15 – 87 Texmaco Rail & Engineering Ltd 70 –
52 Radico Khaitan Ltd 311 0.02 55 TI Financial Holdings Ltd 410 0.02
94 Rain Industries Ltd 179 0.01 – Tide Water Oil Co India Ltd 10 –
61 Rajesh Exports Ltd 501 0.03 161 Time Technoplast Ltd 247 0.01
15 Rallis India Ltd 35 – 64 Titagarh Wagons Ltd 63 –
32 Ramco Industries Ltd 99 0.01 20 Tourism Finance Corp of India Ltd 37 –
2 Ramco Systems Ltd 10 – 15 Transport Corp of India Ltd 60 –
216 Rashtriya Chemicals & Fertilizers Ltd 181 0.01 104 Trident Ltd 97 0.01
1,191 REC Ltd 1,718 0.09 72 Triveni Engineering & Industries Ltd 52 –
345 Redington India Ltd 456 0.02 55 Tube Investments of India Ltd 235 0.01
136 Reliance Capital Ltd 443 0.02 431 TV18 Broadcast Ltd 223 0.01
1,719 Reliance Communications Ltd 357 0.02 54 Uflex Ltd 211 0.01
188 Reliance Home Finance Ltd 116 0.01 3 UFO Moviez India Ltd 11 –
3,933 Reliance Industries Ltd 65,928 3.44 36 Unichem Laboratories Ltd 104 0.01
46 Reliance Industries Ltd, GDR 1,521 0.08 3 UPL Ltd 37 –
826 Reliance Power Ltd 345 0.02 37 VA Tech Wabag Ltd 137 0.01
48 Rico Auto Industries Ltd 49 – 36 Vardhman Textiles Ltd 555 0.03
49 Ruchi Soya Industries Ltd 4 – 1,036 Vedanta Ltd 2,925 0.16
12 Sadbhav Engineering Ltd 35 – 313 Vedanta Ltd, ADR 3,486 0.19
1 Sagar Cements Ltd 8 – 363 Vijaya Bank 214 0.01
73 Sanghi Industries Ltd 63 – 4 Vindhya Telelinks Ltd 117 0.01
13 Sanghvi Movers Ltd 22 – 5 Visaka Industries Ltd 30 –
8 Sarda Energy & Minerals Ltd 30 – 2,394 Vodafone Idea Ltd 1,214 0.06
7 Sasken Technologies Ltd 73 – 201 Welspun Corp Ltd 442 0.02
50 Sequent Scientific Ltd 52 – 67 Welspun Enterprises Ltd 108 0.01
2 Sharda Cropchem Ltd 9 – 335 Welspun India Ltd 292 0.02
188 Shipping Corp of India Ltd 114 0.01 30 West Coast Paper Mills Ltd 148 0.01
6 Shriram City Union Finance Ltd 140 0.01 1,471 Wipro Ltd 6,847 0.37
170 Shriram Transport Finance Co Ltd 2,814 0.15 2,116 Yes Bank Ltd 5,187 0.28
3 Sical Logistics Ltd 7 – 93 Zee Media Corp Ltd 32 –
19 Simplex Infrastructures Ltd 60 – 88 Zensar Technologies Ltd 280 0.01
126 Sintex Industries Ltd 21 – 2 Zuari Agro Chemicals Ltd 6 –
490 Sintex Plastics Technology Ltd 175 0.01 266,850 13.87
5 SML Isuzu Ltd 56 – Indonesia - 2.40%
66 Sobha Ltd 425 0.02 22,961 Adaro Energy Tbk PT 2,068 0.12
2 Solara Active Pharma Sciences Ltd 11 – 2,485 Adhi Karya Persero Tbk PT 273 0.01
27 Sonata Software Ltd 119 0.01 8,047 Agung Podomoro Land Tbk PT 92 –
1,431 South Indian Bank Ltd 331 0.02 22,154 Alam Sutera Realty Tbk PT 540 0.03
118 Srei Infrastructure Finance Ltd 54 – 4,046 Aneka Tambang Tbk 175 0.01
18 SRF Ltd 561 0.03 150 Asahimas Flat Glass Tbk PT 44 –
14 Srikalahasthi Pipes Ltd 42 – 668 Astra Agro Lestari Tbk PT 513 0.03
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 54
Emerging Markets Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Indonesia - 2.40% (continued) Indonesia - 2.40% (continued)
292 Astra Otoparts Tbk PT 30 – 912 Sampoerna Agro PT 148 0.01
39,396 Bakrie Telecom Tbk PT 138 0.01 557 Semen Baturaja Persero Tbk PT 74 –
2,390 Bank Bukopin Tbk 48 – 2,830 Semen Indonesia Persero Tbk PT 2,384 0.13
4,101 Bank Danamon Indonesia Tbk PT 2,133 0.12 42,330 Sentul City Tbk PT 336 0.02
21,109 Bank Mandiri Persero Tbk PT 10,953 0.58 135 Siloam International Hospitals Tbk PT 28 –
8,016 Bank Negara Indonesia Persero Tbk PT 4,788 0.26 61 Sinar Mas Multiartha Tbk PT 42 –
6,223 Bank Pan Indonesia Tbk PT 540 0.03 13,372 Sri Rejeki Isman Tbk PT 338 0.02
474 Bank Pembangunan Daerah Jawa Barat Dan 481 Summarecon Agung Tbk PT 28 –
Banten Tbk PT 67 –
711 Surya Esa Perkasa Tbk PT 12 –
5,924 Bank Pembangunan Daerah Jawa Timur Tbk PT 297 0.02
6,321 Surya Semesta Internusa Tbk PT 199 0.01
5,874 Bank Tabungan Negara Persero Tbk PT 1,100 0.06
159 Tempo Scan Pacific Tbk PT 15 –
165 Bank Tabungan Pensiunan Nasional Tbk PT 41 –
6,889 Tiga Pilar Sejahtera Food Tbk 61 –
1,932 Barito Pacific Tbk PT 286 0.01
6,373 Timah Tbk PT 280 0.01
8,693 Bekasi Fajar Industrial Estate Tbk PT 104 0.01
2,883 Tiphone Mobile Indonesia Tbk PT 183 0.01
19,202 Berlian Laju Tanker Tbk PT – –
19,343 Truba Alam Manunggal Engineering PT – –
1,107 BISI International Tbk PT 122 0.01
3,814 Tunas Baru Lampung Tbk PT 220 0.01
148 Blue Bird Tbk PT 28 –
2,054 Tunas Ridean Tbk PT 166 0.01
4,750 Bumi Serpong Damai Tbk PT 450 0.02
18 United Tractors Tbk PT 34 –
849 Catur Sentosa Adiprana Tbk PT 36 –
2,886 Vale Indonesia Tbk PT 615 0.03
17,040 Ciputra Development Tbk PT 1,260 0.07
3,122 Visi Media Asia Tbk PT 22 –
3,491 Clipan Finance Indonesia Tbk PT 74 –
14,436 Waskita Beton Precast Tbk PT 354 0.02
7,972 Eagle High Plantations Tbk PT 91 0.01
2,822 Waskita Karya Persero Tbk PT 309 0.02
5,282 Elnusa Tbk PT 114 0.01
4,297 Wijaya Karya Beton Tbk PT 110 0.01
11,425 Energi Mega Persada Tbk PT 62 –
3,509 Wijaya Karya Persero Tbk PT 371 0.02
421 Erajaya Swasembada Tbk PT 65 –
4,497 XL Axiata Tbk PT 644 0.03
3,136 Gajah Tunggal Tbk PT 141 0.01
46,190 2.40
10,274 Global Mediacom Tbk PT 229 0.01
Korea, Republic of - 17.18%
1,296 Harum Energy Tbk PT 124 0.01
8 AJ Networks Co Ltd 36 –
2,842 Holcim Indonesia Tbk PT 377 0.02
19 AJ Rent A Car Co Ltd 242 0.01
4,020 Indah Kiat Pulp & Paper Corp Tbk PT 2,962 0.16
– AK Holdings Inc 23 –
1,376 Indika Energy Tbk PT 174 0.01
3 Asia Cement Co Ltd 247 0.01
141 Indo Tambangraya Megah Tbk PT 210 0.01
1 ASIA Holdings Co Ltd 154 0.01
25 Indo-Rama Synthetics 10 –
7 Asia Paper Manufacturing Co Ltd 183 0.01
5,743 Indofood Sukses Makmur Tbk PT 2,653 0.14
153 Asiana Airlines Inc 619 0.03
235 Indomobil Sukses Internasional Tbk PT 33 –
23 AUK Corp 40 –
216 Inovisi Infracom Tbk PT – –
33 BGF Co Ltd 242 0.01
836 Intiland Development Tbk PT 18 –
12 Bluecom Co Ltd 46 –
267 Jakarta International Hotels & Development Tbk PT 9 –
391 BNK Financial Group Inc 2,682 0.14
4,997 Japfa Comfeed Indonesia Tbk PT 707 0.04
1 Bookook Securities Co Ltd 19 –
2,847 Jaya Real Property Tbk PT 117 0.01
1 Busan City Gas Co Ltd 20 –
27,902 Kawasan Industri Jababeka Tbk PT 476 0.02
– BYC Co Ltd 25 –
2,561 KMI Wire & Cable Tbk PT 43 –
31 Capro Corp 139 0.01
2,246 Krakatau Steel Persero Tbk PT 65 –
3 Castec Korea Co Ltd 13 –
484 Lippo Cikarang Tbk PT 55 –
26 Chinyang Holdings Corp 61 –
25,342 Lippo Karawaci Tbk PT 469 0.02
4 Chongkundang Holdings Corp 224 0.01
16,829 Medco Energi Internasional Tbk PT 829 0.04
1 Chosun Refractories Co Ltd 90 0.01
1,474 Media Nusantara Citra Tbk PT 82 –
2 CJ CheilJedang Corp 732 0.04
183 Metrodata Electronics Tbk PT 11 –
14 CJ Corp 1,600 0.08
689 Mitra Pinasthika Mustika Tbk PT 40 –
38 CJ Hello Co Ltd 358 0.02
47,216 MNC Investama Tbk PT 208 0.01
3 CKD Bio Corp 55 –
7,489 MNC Land Tbk PT 71 –
7 CROWNHAITAI Holdings Co Ltd 78 –
12,864 Modernland Realty Tbk PT 184 0.01
1 Cuckoo Holdings Co Ltd 74 –
6,259 Multipolar Tbk PT 33 –
22 Dae Dong Industrial Co Ltd 106 0.01
1,126 Multistrada Arah Sarana Tbk PT 56 –
2 Dae Han Flour Mills Co Ltd 262 0.01
590 Pabrik Kertas Tjiwi Kimia Tbk PT 470 0.02
23 Dae Hyun Co Ltd 45 –
6,877 Pan Brothers Tbk PT 267 0.01
8,087 Perusahaan Perkebunan London Sumatra 25 Dae Won Kang Up Co Ltd 81 –
Indonesia Tbk PT 639 0.03 12 Dae Young Packaging Co Ltd 9 –
3,546 PP Persero Tbk PT 462 0.02 12 Dae-Il Corp 61 –
1,748 Puradelta Lestari Tbk PT 19 – 1 Daechang Forging Co Ltd 38 –
1,857 Ramayana Lestari Sentosa Tbk PT 155 0.01 49 Daeduck Electronics Co 410 0.02
8,477 Salim Ivomas Pratama Tbk PT 287 0.01 22 Daeduck GDS Co Ltd 297 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 55
Emerging Markets Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Korea, Republic of - 17.18% (continued) Korea, Republic of - 17.18% (continued)
2 Daegu Department Store 12 – 13 Halla Holdings Corp 516 0.03
19 Daehan Steel Co Ltd 91 0.01 423 Hana Financial Group Inc 14,238 0.75
11 Daelim B&Co Co Ltd 41 – 22 Hana Micron Inc 79 –
6 Daelim C&S Co Ltd 57 – 2 Handsome Co Ltd 70 –
35 Daelim Industrial Co Ltd 2,962 0.15 1 Hanil Cement Co Ltd 150 0.01
32 Daesang Corp 696 0.04 1 Hanil Holdings Co Ltd 57 –
20 Daesang Holdings Co Ltd 146 0.01 14 Hanjin Heavy Industries & Construction Holdings
Co Ltd 40 –
7 Daesung Holdings Co Ltd 39 –
33 Hanjin Kal Corp 935 0.05
15 Daewon San Up Co Ltd 74 –
10 Hanjin Transportation Co Ltd 439 0.02
163 Daewoo Engineering & Construction Co Ltd 723 0.04
76 Hankook Tire Co Ltd 2,919 0.15
50 Daewoo Shipbuilding & Marine Engineering Co Ltd 1,471 0.08
4 Hankuk Paper Manufacturing Co Ltd 57 –
1 Dahaam E-Tec Co Ltd 13 –
4 Hansae MK Co Ltd 31 –
46 Daishin Securities Co Ltd 498 0.03
10 Hanshin Construction 152 0.01
13 Daou Data Corp 114 0.01
59 Hansol HomeDeco Co Ltd 73 –
26 Daou Technology Inc 475 0.02
27 Hansol Paper Co Ltd 400 0.02
50 Dayou Automotive Seat Technology Co Ltd 50 –
5 Hansol Technics Co Ltd 32 –
41 DB Financial Investment Co Ltd 168 0.01
165 Hanwha Chemical Corp 2,799 0.15
6 DCM Corp 69 –
74 Hanwha General Insurance Co Ltd 383 0.02
1 Development Advance Solution Co Ltd 8 –
140 Hanwha Investment & Securities Co Ltd 277 0.01
243 DGB Financial Group Inc 1,912 0.10
402 Hanwha Life Insurance Co Ltd 1,594 0.08
17 Display Tech Co Ltd 59 –
126 HDC Holdings Co Ltd 1,884 0.10
9 Dong A Eltek Co Ltd 72 –
17 HDC Hyundai Engineering Plastics Co Ltd 66 –
8 Dong Ah Tire & Rubber Co Ltd 92 0.01
42 Heungkuk Fire & Marine Insurance Co Ltd 190 0.01
1 Dong-A Socio Holdings Co Ltd 49 –
37 Hite Jinro Co Ltd 578 0.03
5 Dong-Ah Geological Engineering Co Ltd 75 –
14 Hitejinro Holdings Co Ltd 93 –
2 Dong-Il Corp 102 0.01
44 HS R&A Co Ltd 71 –
25 Dongbang Transport Logistics Co Ltd 34 –
6 Humax Co Ltd 29 –
7 Dongbu Corp 43 –
3 Huneed Technologies 21 –
2 Dongil Industries Co Ltd 107 0.01
4 Husteel Co Ltd 44 –
42 Dongkuk Industries Co Ltd 93 0.01
17 Huvis Corp 119 0.01
91 Dongkuk Steel Mill Co Ltd 605 0.03
12 Hwa Shin Co Ltd 24 –
4 Dongwha Enterprise Co Ltd 93 0.01
– Hwacheon Machine Tool Co Ltd 18 –
80 Dongwon Development Co Ltd 288 0.01
13 Hwangkum Steel & Technology Co Ltd 93 0.01
10 Dongwoo Farm To Table Co Ltd 31 –
13 HwaSung Industrial Co Ltd 172 0.01
6 Dongyang E&P Inc 50 –
3 Hy-Lok Corp 44 –
32 Doosan Bobcat Inc 943 0.05
1 Hyosung Advanced Materials Corp 136 0.01
4 Doosan Corp 380 0.02
1 Hyosung Chemical Corp 117 0.01
92 Doosan Heavy Industries & Construction Co Ltd 942 0.05
4 Hyosung Corp 197 0.01
195 Doosan Infracore Co Ltd 1,484 0.08
3 Hyosung Heavy Industries Corp 117 0.01
10 DRB Holding Co Ltd 59 –
1 Hyosung TNC Co Ltd 222 0.01
6 DTR Automotive Corp 158 0.01
16 Hyundai BNG Steel Co Ltd 133 0.01
25 DY Corp 120 0.01
8 Hyundai Construction Equipment Co Ltd 331 0.02
24 E-MART Inc 4,227 0.22
23 Hyundai Department Store Co Ltd 1,922 0.10
53 Eagon Holdings Co Ltd 115 0.01
12 Hyundai Electric & Energy System Co Ltd 283 0.01
17 Easy Bio Inc 89 0.01
104 Hyundai Engineering & Construction Co Ltd 5,102 0.28
11 Elentec Co Ltd 25 –
2 Hyundai Glovis Co Ltd 201 0.01
11 ENF Technology Co Ltd 137 0.01
63 Hyundai Greenfood Co Ltd 748 0.04
64 Eugene Corp 340 0.02
50 Hyundai Heavy Industries Co Ltd 5,896 0.32
84 Eugene Investment & Securities Co Ltd 198 0.01
12 Hyundai Heavy Industries Holdings Co Ltd 4,204 0.22
21 Eusu Holdings Co Ltd 112 0.01
5 Hyundai Home Shopping Network Corp 421 0.02
14 EVERDIGM Corp 74 –
63 Hyundai Hy Communications & Network Co Ltd 247 0.01
65 FarmStory Co Ltd 64 –
2 Hyundai Livart Furniture Co Ltd 39 –
16 Feelux Co Ltd 176 0.01
13 Hyundai Mipo Dockyard Co Ltd 1,273 0.07
2 Gaon Cable Co Ltd 26 –
67 Hyundai Mobis Co Ltd 10,749 0.57
12 GMB Korea Corp 64 –
180 Hyundai Motor Co 17,164 0.90
33 Golfzon Newdin Holdings Co Ltd 122 0.01
20 Hyundai Motor Securities Co Ltd 157 0.01
20 GS Engineering & Construction Corp 765 0.04
125 Hyundai Steel Co 4,821 0.25
64 GS Global Corp 148 0.01
15 Hyundai Wia Corp 431 0.02
83 GS Holdings Corp 3,805 0.20
15 Iljin Electric Co Ltd 42 –
1 Gwangju Shinsegae Co Ltd 91 0.01
18 Iljin Holdings Co Ltd 49 –
27 Halla Corp 103 0.01
– Ilsung Pharmaceuticals Co Ltd 13 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 56
Emerging Markets Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Korea, Republic of - 17.18% (continued) Korea, Republic of - 17.18% (continued)
26 iMarketKorea Inc 182 0.01 31 LF Corp 669 0.03
354 Industrial Bank of Korea 4,693 0.24 102 LG Corp 6,608 0.35
3 INITECH Co Ltd 17 – 209 LG Display Co Ltd 3,278 0.17
61 Interpark Holdings Corp 126 0.01 339 LG Display Co Ltd, ADR 2,640 0.14
20 INTOPS Co Ltd 208 0.01 152 LG Electronics Inc 9,890 0.52
17 Inzi Controls Co Ltd 78 – 10 LG Hausys Ltd 467 0.02
4 IS Dongseo Co Ltd 120 0.01 44 LG International Corp 655 0.03
3 JASTECH Ltd 19 – 280 LG Uplus Corp 4,425 0.23
252 JB Financial Group Co Ltd 1,284 0.07 5 LMS Co Ltd 30 –
1 Kangnam Jevisco Co Ltd 22 – 24 Lotte Chemical Corp 5,733 0.30
5 KAON Media Co Ltd 28 – 2 Lotte Confectionery Co Ltd 229 0.01
283 KB Financial Group Inc 11,946 0.63 6 LOTTE Fine Chemical Co Ltd 216 0.01
247 KB Financial Group Inc, ADR 10,416 0.54 14 LOTTE Himart Co Ltd 672 0.03
2 KC Co Ltd 23 – 92 Lotte Non-Life Insurance Co Ltd 215 0.01
15 KC Green Holdings Co Ltd 52 – 9 Lotte Shopping Co Ltd 1,816 0.09
6 KCC Corp 1,408 0.07 27 LS Corp 1,293 0.07
10 KCC Engineering & Construction Co Ltd 69 – 4 Lumens Co Ltd 8 –
121 KEC Corp 107 0.01 6 Maeil Holdings Co Ltd 59 –
28 Keyang Electric Machinery Co Ltd 81 – 10 Mando Corp 278 0.01
33 KG Eco Technology Service Co Ltd 94 0.01 4 Meritz Financial Group Inc 38 –
342 Kia Motors Corp 9,321 0.49 399 Meritz Securities Co Ltd 1,575 0.08
35 KISCO Corp 179 0.01 1 Mi Chang Oil Industrial Co Ltd 58 –
10 KISCO Holdings Co Ltd 120 0.01 345 Mirae Asset Daewoo Co Ltd 2,200 0.11
11 Kishin Corp 33 – 75 Mirae Asset Life Insurance Co Ltd 288 0.01
11 KISWIRE Ltd 217 0.01 – Miwon Commercial Co Ltd 11 –
6 KMH Co Ltd 39 – 26 MK Electron Co Ltd 194 0.01
41 Kodaco Co Ltd 85 – 20 MNTech Co Ltd 61 –
6 Kolon Corp 204 0.01 16 Mobase Co Ltd 56 –
8 Kolon Global Corp 55 – 34 Moorim P&P Co Ltd 184 0.01
26 Kolon Industries Inc 1,225 0.06 34 Moorim Paper Co Ltd 91 0.01
7 Komelon Corp 44 – 13 Motonic Corp 103 0.01
18 Korea Alcohol Industrial Co Ltd 121 0.01 18 Muhak Co Ltd 192 0.01
10 Korea Autoglass Corp 110 0.01 112 Namsun Aluminum Co Ltd 168 0.01
5 Korea Cast Iron Pipe Industries Co Ltd 45 – – Namyang Dairy Products Co Ltd 150 0.01
17 Korea Circuit Co Ltd 80 – 7 Neowiz Holdings Corp 69 –
6 Korea Electric Terminal Co Ltd 222 0.01 32 Nexen Corp 158 0.01
3 Korea Investment Holdings Co Ltd 156 0.01 51 Nexen Tire Corp 401 0.02
19 Korea Line Corp 371 0.02 164 NH Investment & Securities Co Ltd 2,032 0.11
3 Korea Petrochemical Ind Co Ltd 447 0.02 4 NHN Entertainment Corp 209 0.01
115 Korea Real Estate Investment & Trust Co Ltd 260 0.01 2 Nong Shim Holdings Co Ltd 162 0.01
65 Korean Air Lines Co Ltd 1,844 0.10 3 NongShim Co Ltd 599 0.03
119 Korean Reinsurance Co 946 0.05 3 Noroo Holdings Co Ltd 29 –
15 Kortek Corp 199 0.01 7 NOROO Paint & Coatings Co Ltd 56 –
3 KPX Chemical Co Ltd 154 0.01 6 NS Shopping Co Ltd 69 –
19 KSS LINE Ltd 118 0.01 26 OCI Co Ltd 2,422 0.13
1 KT Hitel Co Ltd 5 – 10 Opto Device Technology Co Ltd 48 –
14 KT Skylife Co Ltd 141 0.01 10 Orion Holdings Corp 160 0.01
14 KT Submarine Co Ltd 44 – 31 Paik Kwang Industrial Co Ltd 69 –
56 KTB Investment & Securities Co Ltd 172 0.01 234 Pan Ocean Co Ltd 960 0.05
37 KTCS Corp 83 – 5 Pan-Pacific Co Ltd 11 –
30 Ktis Corp 62 – 62 POSCO 13,774 0.73
4 Kukdo Chemical Co Ltd 173 0.01 3 POSCO Coated & Color Steel Co Ltd 49 –
4 Kukdong Oil & Chemicals Co Ltd 11 – 66 Posco Daewoo Corp 1,132 0.06
2 Kumho Industrial Co Ltd 16 – 237 POSCO, ADR 13,110 0.69
8 Kumho Tire Co Inc 37 – 2 Power Logics Co Ltd 13 –
3 Kumkang Kind Co Ltd 64 – 12 PS TEC CO Ltd 46 –
9 Kyeryong Construction Industrial Co Ltd 175 0.01 18 Pyeong Hwa Automotive Co Ltd 104 0.01
28 Kyobo Securities Co Ltd 233 0.01 22 RFTech Co Ltd 104 0.01
13 Kyungbang Co Ltd 130 0.01 12 S&T Holdings Co Ltd 122 0.01
19 LEADCORP Inc 101 0.01 15 S&T Motiv Co Ltd 346 0.02
30 Lee Ku Industrial Co Ltd 51 – 3 S-Energy Co Ltd 16 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 57
Emerging Markets Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Korea, Republic of - 17.18% (continued) Korea, Republic of - 17.18% (continued)
4 Sajo Industries Co Ltd 177 0.01 8 Tae Kyung Industrial Co Ltd 43 –
12 Sambo Motors Co Ltd 67 – 1 Taekwang Industrial Co Ltd 731 0.04
20 Samho Development Co Ltd 84 – 61 Taeyoung Engineering & Construction Co Ltd 578 0.03
3 Samho International Co Ltd 43 – 28 Tailim Packaging Co Ltd 95 0.01
19 SAMHWA Paints Industrial Co Ltd 117 0.01 19 TBH Global Co Ltd 58 –
17 Samick Musical Instruments Co Ltd 26 – 8 Thinkware Systems Corp 51 –
24 Samkee Automotive Co Ltd 54 – 52 TK Chemical Corp 107 0.01
2 Sammok S-Form Co Ltd 20 – 59 Tongyang Life Insurance Co Ltd 293 0.02
47 SAMPYO Cement Co Ltd 181 0.01 20 Tovis Co Ltd 131 0.01
44 Samsung C&T Corp 4,040 0.22 4 TS Corp 80 –
33 Samsung Card Co Ltd 960 0.05 16 UIL Co Ltd 67 –
412 Samsung Heavy Industries Co Ltd 2,735 0.14 8 Uju Electronics Co Ltd 57 –
90 Samsung Life Insurance Co Ltd 6,989 0.37 11 Unick Corp 36 –
62 Samsung Securities Co Ltd 1,728 0.09 8 Unid Co Ltd 306 0.02
76 SAMT Co Ltd 117 0.01 8 Visang Education Inc 50 –
5 Samyang Corp 247 0.01 68 WillBes & Co 88 –
6 Samyang Holdings Corp 442 0.02 69 Wonik Holdings Co Ltd 248 0.01
2 Samyang Tongsang Co Ltd 86 – 2 Wonik Tera Semicon Co Ltd 22 –
4 Sangsin Brake 13 – 17 Woongjin Energy Co Ltd 24 –
21 SAVEZONE I&C Corp 68 – 29 Woongjin Thinkbig Co Ltd 104 0.01
20 Seah Besteel Corp 299 0.02 612 Woori Bank 8,570 0.46
1 SeAH Holdings Corp 116 0.01 29 Woorison F&G Co Ltd 42 –
3 SeAH Steel Corp 146 0.01 10 Yong Pyong Resort Co Ltd 53 –
3 SeAH Steel Holdings Corp 133 0.01 24 Yoosung Enterprise Co Ltd 59 –
10 Sebang Global Battery Co Ltd 347 0.02 17 YooSung T&S Co Ltd 40 –
11 Sebo Manufacturing Engineer Corp 84 – 6 Youlchon Chemical Co Ltd 64 –
12 Sejong Industrial Co Ltd 52 – – Young Poong Corp 283 0.01
9 Sekonix Co Ltd 60 – 19 Youngone Corp 666 0.03
100 Seohan Co Ltd 165 0.01 4 Youngone Holdings Co Ltd 231 0.01
180 Seohee Construction Co Ltd 197 0.01 85 Yuanta Securities Korea Co Ltd 261 0.01
12 SEOWONINTECH Co Ltd 56 – 8 Zeus Co Ltd 84 –
18 Seoyon Co Ltd 58 – 330,543 17.18
19 SFA Semicon Co Ltd 25 – Malaysia - 2.77%
23 SG&G Corp 40 – 34 Aeon Co M Bhd 14 –
1 Shindaeyang Paper Co Ltd 40 – 823 AFFIN Bank Bhd 472 0.02
460 Shinhan Financial Group Co Ltd 16,983 0.89 1,857 AirAsia Group Bhd 1,370 0.07
152 Shinhan Financial Group Co Ltd, ADR 5,641 0.30 949 AirAsia X Bhd 48 –
4 Shinsegae Engineering & Construction Co Ltd 89 0.01 1,440 Alliance Bank Malaysia Bhd 1,413 0.07
9 Shinsegae Inc 2,411 0.13 20 Allianz Malaysia Bhd 60 –
58 Shinsung Tongsang Co Ltd 51 – 2,482 AMMB Holdings Bhd 2,532 0.14
20 Shinwha Intertek Corp 29 – 276 Ann Joo Resources Bhd 87 0.01
3 Shinyoung Securities Co Ltd 167 0.01 72 APM Automotive Holdings Bhd 54 –
58 Signetics Corp 41 – 202 Batu Kawan Bhd 813 0.04
9 Silla Co Ltd 102 0.01 358 Benalec Holdings Bhd 16 –
11 SIMMTECH Co Ltd 76 – 505 Berjaya Assets Bhd 35 –
14 SIMPAC Inc 32 – 2,742 Berjaya Corp Bhd 181 0.01
7 Sindoh Co Ltd 297 0.02 544 Berjaya Land Bhd 25 –
12 SK Chemicals Co Ltd 840 0.04 1,118 Boustead Holdings Bhd 396 0.02
18 SK Discovery Co Ltd 469 0.02 631 Boustead Plantations Bhd 130 0.01
6 SK Gas Ltd 433 0.02 1,643 Bumi Armada Bhd 63 –
97 SK Innovation Co Ltd 17,035 0.90 288 Cahya Mata Sarawak Bhd 221 0.01
219 SK Networks Co Ltd 966 0.05 102 Can-One Bhd 48 –
33 SKC Co Ltd 1,084 0.06 20 Chin Teck Plantations Bhd 34 –
21 SL Corp 299 0.02 6,587 CIMB Group Holdings Bhd 9,093 0.48
50 Ssangyong Motor Co 175 0.01 304 Coastal Contracts Bhd 66 –
5 Sun Kwang Co Ltd 84 – 219 CSC Steel Holdings Bhd 55 –
8 Sunchang Corp 40 – 116 Cypark Resources Bhd 69 –
19 Sungdo Engineering & Construction Co Ltd 85 – 278 Dayang Enterprise Holdings Bhd 36 –
26 Sungshin Cement Co Ltd 243 0.01 1,200 DRB-Hicom Bhd 532 0.03
74 Sungwoo Hitech Co Ltd 231 0.01 623 Eastern & Oriental Bhd 169 0.01
3 Sunjin Co Ltd 28 – 1,308 Eco World Development Group Bhd 312 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 58
Emerging Markets Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Malaysia - 2.77% (continued) Malaysia - 2.77% (continued)
2,012 Ekovest BHD 213 0.01 11 Petron Malaysia Refining & Marketing Bhd 18 –
370 Engtex Group Bhd 78 – 827 PPB Group Bhd 3,473 0.19
937 Evergreen Fibreboard Bhd 89 0.01 449 Protasco Bhd 32 –
2,159 FGV Holdings Bhd 457 0.02 1,352 RHB Bank Bhd 1,700 0.10
295 Fountain View Development Bhd – – 710 Rimbunan Sawit Bhd 28 –
367 Gabungan AQRS Bhd 72 – 5,559 Sapura Energy Bhd 475 0.02
769 Gadang Holdings Bhd 100 0.01 120 Sarawak Oil Palms Bhd 69 –
471 Gamuda Bhd 267 0.01 60 SHL Consolidated Bhd 34 –
3,319 Genting Bhd 4,990 0.27 2,149 Sime Darby Bhd 1,180 0.06
2,323 Genting Malaysia Bhd 1,593 0.09 470 Sime Darby Property Bhd 112 0.01
458 Glomac Bhd 43 – 912 SP Setia Bhd Group 469 0.02
375 HAP Seng Consolidated Bhd 883 0.05 144 Star Media Group Bhd 26 –
369 Hap Seng Plantations Holdings Bhd 148 0.01 2,159 Sunway Bhd 755 0.04
135 Hengyuan Refining Co Bhd 156 0.01 167 Suria Capital Holdings Bhd 64 –
873 HeveaBoard Bhd 146 0.01 180 Ta Ann Holdings Bhd 83 –
945 Hiap Teck Venture Bhd 69 – 1,263 TA Enterprise Bhd 187 0.01
390 Hong Leong Financial Group Bhd 1,804 0.10 1,441 TA Global Bhd 93 0.01
74 IGB Bhd 46 – 339 Tan Chong Motor Holdings Bhd 123 0.01
3,735 IJM Corp Bhd 1,458 0.08 1,158 TDM Bhd 50 –
354 Insas Bhd 62 – 104 Thong Guan Industries Bhd 64 –
958 IOI Properties Group Bhd 374 0.02 51 TIME dotCom Bhd 98 0.01
561 Iskandar Waterfront City Bhd 61 – 40 Tiong NAM Logistics Holdings 8 –
361 JAKS Resources Bhd 43 – 607 Tropicana Corp Bhd 124 0.01
527 Jaya Tiasa Holdings Bhd 62 – 101 Tune Protect Group Bhd 15 –
984 JCY International Bhd 55 – 9 UEM Edgenta Bhd 5 –
318 Keck Seng Malaysia Bhd 304 0.02 2,192 UEM Sunrise Bhd 363 0.02
423 Kian JOO CAN Factory Bhd 215 0.01 17 UMW Holdings Bhd 21 –
144 Kimlun Corp Bhd 41 – 583 Unisem M Bhd 447 0.02
607 KSL Holdings Bhd 103 0.01 101 United Malacca Bhd 130 0.01
191 Kumpulan Fima Bhd 71 – 827 UOA Development Bhd 417 0.02
23 Kumpulan Perangsang Selangor Bhd 7 – 2,521 Vivocom International Holdings Bhd 12 –
19 Kwantas Corp Bhd 4 – 398 Wah Seong Corp Bhd 75 –
2,308 Land & General Bhd 80 – 1,375 WCT Holdings Bhd 231 0.01
1,402 LBS Bina Group Bhd 235 0.01 430 WTK Holdings Bhd 49 –
534 Lion Industries Corp Bhd 73 – 681 YNH Property Bhd 210 0.01
842 Magnum Bhd 399 0.02 6,928 YTL Corp Bhd 1,858 0.10
1,590 Mah Sing Group Bhd 381 0.02 169 YTL Land & Development Bhd 17 –
619 Malayan Banking Bhd 1,392 0.08 53,308 2.77
300 Malayan Flour Mills Bhd 70 – Mexico - 2.71%
815 Malayan United Industries Bhd 30 – 39 ALEATICA SAB de CV 48 –
1,717 Malaysia Building Society Bhd 391 0.02 3,938 Alfa SAB de CV 3,946 0.21
2,430 Malaysian Resources Corp Bhd 388 0.02 43 Alpek SAB de CV 52 –
497 Malton Bhd 53 – 120 Arca Continental SAB de CV 621 0.03
239 Matrix Concepts Holdings Bhd 107 0.01 79 Axtel SAB de CV 12 –
144 MBM Resources Bhd 65 – 19 Banco del Bajio SA 36 –
253 Media Chinese International Ltd 12 – 2,235 Banco Santander Mexico SA Institucion de Banca
211 Mega First Corp Bhd 167 0.01 Multiple Grupo Financiero Santand 2,747 0.14
1,652 MISC Bhd 2,433 0.14 174 Becle SAB de CV 219 0.01
399 Mitrajaya Holdings Bhd 29 – 37 Bio Pappel SAB de CV 37 –
411 MKH Bhd 117 0.01 6,877 Cemex SAB de CV 3,534 0.18
1,313 MMC Corp Bhd 306 0.02 1,019 Cemex SAB de CV, ADR 5,237 0.28
72 MNRB Holdings Bhd 17 – 2 Coca-Cola Femsa SAB de CV 101 0.01
77 MPHB Capital Bhd 21 – 16 Coca-Cola Femsa SAB de CV 96 –
69 Muda Holdings Bhd 33 – 572 Consorcio ARA SAB de CV 148 0.01
269 Muhibbah Engineering M Bhd 175 0.01 127 Corp Interamericana de Entretenimiento SAB de
CV 106 0.01
408 Oriental Holdings Bhd 585 0.03
306 Credito Real SAB de CV SOFOM ER 305 0.02
617 OSK Holdings Bhd 133 0.01
176 El Puerto de Liverpool SAB de CV 1,047 0.05
4 Panasonic Manufacturing Malaysia Bhd 40 –
15 Elementia SAB de CV 9 –
470 Pantech Group Holdings Bhd 50 –
61 Genomma Lab Internacional SAB de CV 37 –
75 Paramount Corp Bhd 37 –
857 Gentera SAB de CV 632 0.03
239 Parkson Holdings Bhd 16 –
292 Grupo Aeromexico SAB de CV 311 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 59
Emerging Markets Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Mexico - 2.71% (continued) Philippines - 1.13% (continued)
479 Grupo Carso SAB de CV 1,531 0.08 3,498 Lopez Holdings Corp 272 0.01
167 Grupo Cementos de Chihuahua SAB de CV 868 0.05 2,217 LT Group Inc 676 0.04
459 Grupo Comercial Chedraui SA de CV 842 0.04 12,867 Megaworld Corp 1,108 0.06
12 Grupo Elektra SAB DE CV 542 0.03 701 Metropolitan Bank & Trust Co 999 0.05
141 Grupo Famsa SAB de CV 66 – 2,370 Nickel Asia Corp 100 0.01
1,483 Grupo Financiero Banorte SAB de CV 6,797 0.36 1,393 Pepsi-Cola Products Philippines Inc 36 –
2,025 Grupo Financiero Inbursa SAB de CV 2,708 0.14 3,611 Petron Corp 565 0.03
640 Grupo Gigante SAB de CV 1,148 0.06 479 Philex Mining Corp 23 –
14 Grupo Herdez SAB de CV 28 – 373 Philippine National Bank 294 0.02
17 Grupo Hotelero Santa Fe SAB de CV 7 – 13 Philtown Properties Inc – –
224 Grupo Industrial Saltillo SAB de CV 276 0.01 618 Phinma Energy Corp 11 –
124 Grupo KUO SAB De CV 292 0.02 226 Phoenix Petroleum Philippines Inc 48 –
378 Grupo Lala SAB de CV 342 0.02 571 RFM Corp 52 –
3,849 Grupo Mexico SAB de CV 7,934 0.42 733 Rizal Commercial Banking Corp 406 0.02
14 Grupo Rotoplas SAB de CV 13 – 4,048 Robinsons Land Corp 1,579 0.08
375 Grupo Sanborns SAB de CV 314 0.02 62 Robinsons Retail Holdings Inc 91 –
5 Grupo Simec SAB de CV, ADR 42 – 885 San Miguel Corp 2,958 0.15
65 Grupo Sports World SAB de CV 67 – 46 San Miguel Food and Beverage Inc 73 –
420 Grupo Televisa SAB 1,146 0.06 299 Security Bank Corp 919 0.05
139 Hoteles City Express SAB de CV 165 0.01 667 SSI Group Inc 30 –
192 Industrias Bachoco SAB de CV 666 0.03 515 STI Education Systems Holdings Inc 6 –
4 Industrias Bachoco SAB de CV, ADR 184 0.01 96 Top Frontier Investment Holdings Inc 514 0.03
222 Industrias CH SAB de CV 959 0.05 128 Travellers International Hotel Group Inc 13 –
63 Industrias Penoles SAB de CV 714 0.04 730 Union Bank of the Philippines 942 0.05
461 La Comer SAB de CV 471 0.02 6,969 Vista Land & Lifescapes Inc 706 0.04
3 Medica Sur SAB de CV 5 – 21,670 1.13
452 Mexichem SAB de CV 1,054 0.05 Poland - 1.50%
333 Minera Frisco SAB de CV 86 – 12 Alior Bank SA 178 0.01
701 Nemak SAB de CV 502 0.03 1 Amica SA 22 –
57 Organizacion Cultiba SAB de CV 46 – 133 Asseco Poland SA 1,692 0.09
1,665 Organizacion Soriana SAB de CV 2,209 0.11 226 Bank Millennium SA 549 0.03
39 Promotora y Operadora de Infraestructura SAB de
5 Ciech SA 49 –
CV 342 0.02
5 Promotora y Operadora de Infraestructura SAB de 127 Cyfrowy Polsat SA 752 0.04
CV (Class L) 31 – 319 Enea SA 903 0.05
6 Rassini SAB de CV, Class A 13 – 3 Firma Oponiarska Debica SA 87 –
46 Rassini SAB de CV, Class C 185 0.01 268 Getin Holding SA 11 –
449 TV Azteca SAB de CV 54 – 34 Grupa Azoty SA 296 0.02
61 Unifin Financiera SAB de CV SOFOM ENR 128 0.01 4 Grupa Kety SA 366 0.02
52 Vitro SAB de CV 136 0.01 133 Grupa Lotos SA 2,874 0.15
52,194 2.71 182 Impexmetal SA 162 0.01
Philippines - 1.13% 6 Jastrzebska Spolka Weglowa SA 98 0.01
4,500 Alliance Global Group Inc 981 0.05 66 Kernel Holding SA 924 0.05
702 Atlas Consolidated Mining & Development Corp 35 – 171 KGHM Polska Miedz SA 4,052 0.20
68 Bank of the Philippine Islands 122 0.01 75 LC Corp SA 54 –
869 BDO Unibank Inc 2,160 0.11 11 Lubelski Wegiel Bogdanka SA 164 0.01
191 Belle Corp 8 – 2 mBank SA 184 0.01
270 Cebu Air Inc 381 0.02 208 Netia SA 258 0.01
2,574 CEMEX Holdings Philippines Inc 84 – 36 Orbis SA 854 0.04
644 China Banking Corp 340 0.02 1,223 PGE Polska Grupa Energetyczna SA 3,781 0.20
3,760 Cosco Capital Inc 506 0.03 34 PKP Cargo SA 376 0.02
440 DMCI Holdings Inc 104 0.01 321 Polski Koncern Naftowy ORLEN SA 9,344 0.49
612 East West Banking Corp 135 0.01 1 Stalprodukt SA 55 –
368 EEI Corp 61 – 1,406 Tauron Polska Energia SA 838 0.04
77 Emperador Inc 10 – 28,923 1.50
20,763 Filinvest Land Inc 574 0.03 Russia - 2.26%
460 First Philippine Holdings Corp 544 0.03 44 Etalon Group PLC, GDR 88 –
1,227 Global Ferronickel Holdings Inc 40 – 3,423 Gazprom PJSC, ADR 16,336 0.85
41 GT Capital Holdings Inc 697 0.04 349 Lukoil PJSC, ADR 25,736 1.35
91 Integrated Micro-Electronics Inc 16 – 1,071 RusHydro PJSC, ADR 765 0.04
93 International Container Terminal Services Inc 166 0.01 383 VTB Bank PJSC, GDR 479 0.02
2,488 JG Summit Holdings Inc 2,285 0.12 43,404 2.26
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 60
Emerging Markets Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
South Africa - 6.83% South Africa - 6.83% (continued)
909 Absa Group Ltd 10,103 0.53 2,563 Steinhoff International Holdings NV 330 0.02
78 Adcorp Holdings Ltd 114 0.01 576 Super Group Ltd 1,549 0.08
212 AECI Ltd 1,387 0.07 471 Telkom SA SOC Ltd 1,930 0.10
74 African Oxygen Ltd 157 0.01 202 Tongaat Hulett Ltd 993 0.05
177 African Rainbow Minerals Ltd 1,554 0.08 223 Trencor Ltd 466 0.02
734 Alexander Forbes Group Holdings Ltd 281 0.01 500 Tsogo Sun Holdings Ltd 761 0.04
52 Allied Electronics Corp Ltd 66 – 80 Wilson Bayly Holmes-Ovcon Ltd 842 0.04
190 Alviva Holdings Ltd 243 0.01 131,374 6.83
19 Anglo American Platinum Ltd 599 0.03 Taiwan - 15.94%
450 AngloGold Ashanti Ltd 4,551 0.24 59 A-DATA Technology Co Ltd 77 –
254 AngloGold Ashanti Ltd, ADR 2,521 0.13 272 Ability Enterprise Co Ltd 130 0.01
54 Ascendis Health Ltd 15 – 3,043 Acer Inc 1,979 0.10
189 Aspen Pharmacare Holdings Ltd 2,012 0.10 143 ACES Electronic Co Ltd 101 0.01
37 Assore Ltd 731 0.04 138 Acon Holding Inc 27 –
3 Astral Foods Ltd 38 – 61 Advanced International Multitech Co Ltd 71 –
1,331 Aveng Ltd 5 – 82 Advanced Optoelectronic Technology Inc 47 –
106 Balwin Properties Ltd 25 – 271 Advancetek Enterprise Co Ltd 136 0.01
413 Barloworld Ltd 3,429 0.18 26 Airmate Cayman International Co Ltd 12 –
470 Blue Label Telecoms Ltd 178 0.01 169 Allis Electric Co Ltd 71 –
165 Caxton and CTP Publishers and Printers Ltd 107 0.01 389 Alpha Networks Inc 202 0.01
282 Clover Industries Ltd 362 0.02 396 Altek Corp 353 0.02
282 DataTec Ltd 533 0.03 281 Ambassador Hotel 228 0.01
356 DRDGOLD Ltd 76 – 128 AMPOC Far-East Co Ltd 103 0.01
50 enX Group Ltd 45 – 179 Anderson Industrial Corp 61 –
71 EOH Holdings Ltd 164 0.01 88 Apacer Technology Inc 86 –
298 Exxaro Resources Ltd 2,796 0.15 248 APCB Inc 216 0.01
678 Gold Fields Ltd 1,967 0.10 244 Apex International Co Ltd 282 0.01
749 Gold Fields Ltd, ADR 2,195 0.11 77 Arcadyan Technology Corp 172 0.01
48 Group Five Ltd 1 – 2,503 Asia Cement Corp 2,747 0.14
42 Hudaco Industries Ltd 426 0.02 642 Asia Pacific Telecom Co Ltd 159 0.01
229 Hulamin Ltd 79 – 425 Asia Plastic Recycling Holding Ltd 98 0.01
244 Imperial Holdings Ltd 1,115 0.06 609 Asia Polymer Corp 251 0.01
290 Investec Ltd 1,752 0.09 488 Asia Vital Components Co Ltd 371 0.02
6 Invicta Holdings Ltd 15 – 19 ASROCK Inc 32 –
1,569 KAP Industrial Holdings Ltd 929 0.05 770 Asustek Computer Inc 5,468 0.28
157 Lewis Group Ltd 327 0.02 4,735 AU Optronics Corp 1,942 0.10
209 Liberty Holdings Ltd 1,611 0.08 1,164 AU Optronics Corp, ADR 4,830 0.25
202 Life Healthcare Group Holdings Ltd 380 0.02 130 Audix Corp 153 0.01
86 Long4Life Ltd 27 – 20 Avalue Technology Inc 26 –
2,712 Merafe Resources Ltd 288 0.01 119 AVY Precision Technology Inc 122 0.01
268 Metair Investments Ltd 365 0.02 551 Bank of Kaohsiung Co Ltd 168 0.01
78 MiX Telematics 56 – 35 Bin Chuan Enterprise Co Ltd 18 –
1,533 MMI Holdings Ltd 1,918 0.10 182 Biostar Microtech International Corp 59 –
244 Motus Holdings Ltd 1,530 0.08 184 Bright Led Electronics Corp 67 –
317 Mpact Ltd 507 0.03 2,828 Capital Securities Corp 865 0.04
2,458 MTN Group Ltd 15,476 0.81 235 Casetek Holdings Ltd 331 0.02
704 Murray & Roberts Holdings Ltd 783 0.04 31 Cathay Chemical Works 19 –
974 Nampak Ltd 1,006 0.05 11,397 Cathay Financial Holding Co Ltd 18,035 0.93
345 Nedbank Group Ltd 6,597 0.34 763 Cathay Real Estate Development Co Ltd 497 0.03
116 Omnia Holdings Ltd 684 0.04 17 CCP Contact Probes Co Ltd 11 –
223 Peregrine Holdings Ltd 318 0.02 159 Central Reinsurance Co Ltd 88 0.01
2,043 PPC Ltd 786 0.04 210 Chain Chon Industrial Co Ltd 60 –
260 Raubex Group Ltd 389 0.02 494 Champion Building Materials Co Ltd 115 0.01
41 RCL Foods Ltd 50 – 8,396 Chang Hwa Commercial Bank Ltd 4,779 0.25
150 Reunert Ltd 798 0.04 10 Chang Wah Electromaterials Inc 43 –
44 Rhodes Food Group Pty Ltd 52 – 39 Chant Sincere Co Ltd 28 –
880 Sappi Ltd 4,823 0.25 99 CHC Healthcare Group 110 0.01
523 Sasol Ltd 15,367 0.81 31 Chen Full International Co Ltd 33 –
149 Sasol Ltd, ADR 4,402 0.23 1,420 Cheng Loong Corp 1,006 0.05
2,430 Sibanye Gold Ltd 1,477 0.08 717 Cheng Uei Precision Industry Co Ltd 567 0.03
1,893 Standard Bank Group Ltd 23,915 1.25 124 Chenming Mold Industry Corp 60 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 61
Emerging Markets Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Taiwan - 15.94% (continued) Taiwan - 15.94% (continued)
185 Chia Chang Co Ltd 226 0.01 3,050 Far Eastern International Bank 1,017 0.05
199 Chia Hsin Cement Corp 91 – 5,135 Far Eastern New Century Corp 4,761 0.25
40 Chien Kuo Construction Co Ltd 13 – 117 Farglory F T Z Investment Holding Co Ltd 75 –
14 Chime Ball Technology Co Ltd 22 – 459 Farglory Land Development Co Ltd 537 0.03
513 Chin-Poon Industrial Co Ltd 644 0.03 264 Federal Corp 101 0.01
4,121 China Airlines Ltd 1,475 0.08 128 First Copper Technology Co Ltd 40 –
1,726 China Bills Finance Corp 719 0.04 11,989 First Financial Holding Co Ltd 7,779 0.40
215 China Chemical & Pharmaceutical Co Ltd 130 0.01 76 First Hotel 36 –
13,280 China Development Financial Holding Corp 4,331 0.23 239 First Insurance Co Ltd 113 0.01
62 China Life Insurance Co Ltd 59 – 932 First Steamship Co Ltd 319 0.02
1,442 China Man-Made Fiber Corp 463 0.02 136 Formosa Advanced Technologies Co Ltd 144 0.01
387 China Metal Products 391 0.02 106 Formosa Laboratories Inc 131 0.01
771 China Motor Corp 578 0.03 1,120 Formosa Taffeta Co Ltd 1,225 0.06
3,311 China Petrochemical Development Corp 1,290 0.07 182 Formosan Rubber Group Inc 90 0.01
18,460 China Steel Corp 14,402 0.75 501 Formosan Union Chemical 264 0.01
17 China Wire & Cable Co Ltd 13 – 330 Founding Construction & Development Co Ltd 169 0.01
161 Chinese Maritime Transport Ltd 159 0.01 1,086 Foxconn Technology Co Ltd 2,202 0.11
413 ChipMOS Technologies Inc 368 0.02 309 Froch Enterprise Co Ltd 132 0.01
169 Chun YU Works & Co Ltd 109 0.01 10,524 Fubon Financial Holding Co Ltd 16,725 0.87
663 Chun Yuan Steel 218 0.01 21 Fulgent Sun International Holding Co Ltd 32 –
635 Chung Hwa Pulp Corp 197 0.01 508 Fulltech Fiber Glass Corp 271 0.01
547 Chung-Hsin Electric & Machinery Manufacturing 270 G Shank Enterprise Co Ltd 205 0.01
Corp 361 0.02
187 Gemtek Technology Corp 132 0.01
3,534 Chunghwa Picture Tubes Ltd 152 0.01
549 Giantplus Technology Co Ltd 184 0.01
40 Chyang Sheng Dyeing & Finishing Co Ltd 17 –
488 Gigabyte Technology Co Ltd 620 0.03
210 Collins Co Ltd 66 –
462 Global Brands Manufacture Ltd 203 0.01
7,379 Compal Electronics Inc 4,230 0.22
129 Global Lighting Technologies Inc 145 0.01
657 Compeq Manufacturing Co Ltd 438 0.02
318 Globe Union Industrial Corp 166 0.01
250 Concord Securities Co Ltd 57 –
756 Gloria Material Technology Corp 393 0.02
647 Continental Holdings Corp 298 0.02
663 Gold Circuit Electronics Ltd 266 0.01
104 Contrel Technology Co Ltd 58 –
250 Grand Fortune Securities Co Ltd 66 –
641 Coretronic Corp 837 0.04
124 Grand Ocean Retail Group Ltd 130 0.01
118 Coxon Precise Industrial Co Ltd 65 –
951 Grand Pacific Petrochemical 693 0.04
129 Creative Sensor Inc 82 –
145 Great China Metal Industry 113 0.01
7,476 CTBC Financial Holding Co Ltd 4,981 0.26
16 Great Wall Enterprise Co Ltd 17 –
93 CviLux Corp 72 –
297 Green Energy Technology Inc 61 –
37 Cyberlink Corp 82 –
94 Green Seal Holding Ltd 112 0.01
196 DA CIN Construction Co Ltd 124 0.01
161 GTM Holdings Corp 93 0.01
131 Darwin Precisions Corp 77 –
478 Hannstar Board Corp 386 0.02
128 Depo Auto Parts Ind Co Ltd 286 0.01
3,944 HannStar Display Corp 958 0.05
32 Dimerco Express Corp 21 –
612 HannsTouch Solution Inc 165 0.01
513 Dynamic Electronics Co Ltd 161 0.01
175 Harvatek Corp 76 –
194 Dynapack International Technology Corp 267 0.01
151 Hey Song Corp 142 0.01
67 E Ink Holdings Inc 69 –
96 Hiroca Holdings Ltd 230 0.01
429 E.Sun Financial Holding Co Ltd 291 0.02
142 Hitron Technology Inc 93 0.01
149 Edison Opto Corp 71 –
1,392 Ho Tung Chemical Corp 288 0.01
199 Edom Technology Co Ltd 82 –
114 Hocheng Corp 30 –
72 Elite Semiconductor Memory Technology Inc 76 –
10,628 Hon Hai Precision Industry Co Ltd 24,951 1.30
394 Elitegroup Computer Systems Co Ltd 168 0.01
192 Hong Pu Real Estate Development Co Ltd 123 0.01
944 EnTie Commercial Bank Co Ltd 395 0.02
190 Hong YI Fiber Industry Co 109 0.01
142 Epileds Technologies Inc 73 –
217 Hsing TA Cement Co 105 0.01
1,438 Epistar Corp 1,271 0.07
194 HTC Corp 288 0.01
86 Eson Precision Ind Co Ltd 85 –
528 HUA ENG Wire & Cable Co Ltd 172 0.01
3,282 Eva Airways Corp 1,720 0.09
10,012 Hua Nan Financial Holdings Co Ltd 5,715 0.30
399 Everest Textile Co Ltd 158 0.01
333 Huaku Development Co Ltd 685 0.04
889 Evergreen International Storage & Transport Corp 388 0.02
17 Hung Ching Development & Construction Co Ltd 13 –
3,359 Evergreen Marine Corp Taiwan Ltd 1,275 0.07
82 Hung Sheng Construction Ltd 69 –
590 Everlight Chemical Industrial Corp 310 0.02
169 Hwa Fong Rubber Industrial Co Ltd 64 –
559 Everlight Electronics Co Ltd 566 0.03
268 I-Chiun Precision Industry Co Ltd 86 –
162 Excelsior Medical Co Ltd 242 0.01
15 I-Sheng Electric Wire & Cable Co Ltd 20 –
29 EZconn Corp 34 –
192 Ichia Technologies Inc 95 0.01
1,420 Far Eastern Department Stores Ltd 740 0.04
154 Infortrend Technology Inc 59 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 62
Emerging Markets Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Taiwan - 15.94% (continued) Taiwan - 15.94% (continued)
15,240 Innolux Corp 5,088 0.26 1,470 Prince Housing & Development Corp 505 0.03
43 Inpaq Technology Co Ltd 44 – 83 Promate Electronic Co Ltd 77 –
435 International CSRC Investment Holdings Co 582 0.03 2,682 Qisda Corp 1,661 0.09
32 ITE Technology Inc 34 – 104 Qualipoly Chemical Corp 93 0.01
72 Jarllytec Co Ltd 120 0.01 142 Quanta Storage Inc 109 0.01
146 Jess-Link Products Co Ltd 144 0.01 474 Quintain Steel Co Ltd 126 0.01
2,119 Jih Sun Financial Holdings Co Ltd 614 0.03 626 Radiant Opto-Electronics Corp 1,721 0.09
241 Jinli Group Holdings Ltd 146 0.01 301 Radium Life Tech Co Ltd 154 0.01
222 K Laser Technology Inc 92 0.01 421 Rich Development Co Ltd 126 0.01
183 Kaulin Manufacturing Co Ltd 95 0.01 508 Ruentex Development Co Ltd 810 0.04
160 Kenmec Mechanical Engineering Co Ltd 51 – 251 Ruentex Industries Ltd 744 0.04
247 Kindom Construction Corp 156 0.01 290 Sampo Corp 124 0.01
25 King Chou Marine Technology Co Ltd 31 – 169 San Far Property Ltd 68 –
1,257 King Yuan Electronics Co Ltd 861 0.04 58 Sanyang Motor Co Ltd 39 –
1,033 King's Town Bank Co Ltd 1,071 0.06 214 Sesoda Corp 175 0.01
52 King's Town Construction Co Ltd 44 – 126 Shan-Loong Transportation Co Ltd 121 0.01
2,095 Kinpo Electronics 663 0.03 186 Sheng Yu Steel Co Ltd 119 0.01
394 Kinsus Interconnect Technology Corp 579 0.03 145 ShenMao Technology Inc 93 0.01
125 KNH Enterprise Co Ltd 42 – 50 Shih Her Technologies Inc 52 –
43 Kung Sing Engineering Corp 13 – 467 Shih Wei Navigation Co Ltd 114 0.01
426 Kuoyang Construction Co Ltd 193 0.01 527 Shihlin Electric & Engineering Corp 695 0.04
34 Kwong Fong Industries Corp 15 – 12,901 Shin Kong Financial Holding Co Ltd 4,399 0.23
243 L&K Engineering Co Ltd 216 0.01 195 Shin Zu Shing Co Ltd 542 0.03
734 LCY Chemical Corp 1,248 0.06 112 Shining Building Business Co Ltd 39 –
135 Leader Electronics Inc 33 – 299 Shinkong Insurance Co Ltd 347 0.02
1,103 Lealea Enterprise Co Ltd 360 0.02 2,225 Shinkong Synthetic Fibers Corp 798 0.04
138 Ledtech Electronics Corp 39 – 49 Sigurd Microelectronics Corp 48 –
238 LEE CHI Enterprises Co Ltd 76 – 581 Sincere Navigation Corp 303 0.02
273 Leofoo Development Co Ltd 65 – 78 Sinher Technology Inc 120 0.01
486 Lextar Electronics Corp 296 0.02 602 Sinon Corp 328 0.02
962 Li Peng Enterprise Co Ltd 257 0.01 13,539 SinoPac Financial Holdings Co Ltd 4,697 0.24
559 Lingsen Precision Industries Ltd 176 0.01 56 Sinphar Pharmaceutical Co Ltd 36 –
3,283 Lite-On Technology Corp 4,379 0.23 148 Sirtec International Co Ltd 110 0.01
413 Long Bon International Co Ltd 236 0.01 285 Siward Crystal Technology Co Ltd 167 0.01
1,028 Long Chen Paper Co Ltd 574 0.03 155 Solomon Technology Corp 90 0.01
86 Lucky Cement Corp 21 – 177 Southeast Cement Co Ltd 80 –
36 Lumax International Corp Ltd 78 – 41 Spirox Corp 36 –
229 Mayer Steel Pipe Corp 108 0.01 31 Sunko INK Co Ltd 10 –
11,461 Mega Financial Holding Co Ltd 9,550 0.50 544 Sunplus Technology Co Ltd 211 0.01
459 Mercuries & Associates Holding Ltd 289 0.02 190 Sunrex Technology Corp 102 0.01
1,253 Mercuries Life Insurance Co Ltd 534 0.03 163 Sunspring Metal Corp 180 0.01
176 MIN AIK Technology Co Ltd 88 0.01 135 Sweeten Real Estate Development Co Ltd 92 –
311 Mitac Holdings Corp 286 0.01 1,190 Synnex Technology International Corp 1,404 0.07
75 MPI Corp 135 0.01 63 Systex Corp 129 0.01
290 Nan Ren Lake Leisure Amusement Co Ltd 72 – 123 T-Mac Techvest PCB Co Ltd 56 –
63 Nantex Industry Co Ltd 59 – 111 T3EX Global Holdings Corp 89 0.01
1,217 Nanya Technology Corp 2,432 0.13 95 TA Chen Stainless Pipe 132 0.01
32 New Era Electronics Co Ltd 19 – 727 Ta Ya Electric Wire & Cable 257 0.01
214 Nien Hsing Textile Co Ltd 179 0.01 41 TA-I Technology Co Ltd 76 –
18 Nishoku Technology Inc 33 – 107 Tai Tung Communication Co Ltd 59 –
465 O-Bank Co Ltd 122 0.01 3,451 Taichung Commercial Bank Co Ltd 1,145 0.06
46 O-TA Precision Industry Co Ltd 28 – 268 Taiflex Scientific Co Ltd 321 0.02
237 OptoTech Corp 144 0.01 150 Tainan Enterprises Co Ltd 85 –
311 Orient Semiconductor Electronics Ltd 74 – 1,527 Tainan Spinning Co Ltd 626 0.03
85 P-Two Industries Inc 67 – 84 Tainergy Tech Co Ltd 16 –
581 Pan-International Industrial Corp 380 0.02 13,876 Taishin Financial Holding Co Ltd 6,122 0.32
2,824 Pegatron Corp 4,818 0.25 195 Taita Chemical Co Ltd 67 –
119 Phihong Technology Co Ltd 39 – 5,701 Taiwan Business Bank 1,957 0.10
70 Plastron Precision Co Ltd 32 – 203 Taiwan Cement Corp (non-voting rights) – –
3,317 Pou Chen Corp 3,618 0.19 6,485 Taiwan Cement Corp (voting rights) 7,301 0.38
1,119 President Securities Corp 459 0.02 10,049 Taiwan Cooperative Financial Holding Co Ltd 5,853 0.30
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 63
Emerging Markets Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Taiwan - 15.94% (continued) Taiwan - 15.94% (continued)
747 Taiwan Fertilizer Co Ltd 1,074 0.06 775 WT Microelectronics Co Ltd 1,010 0.05
245 Taiwan Fire & Marine Insurance Co Ltd 159 0.01 240 WUS Printed Circuit Co Ltd 121 0.01
112 Taiwan FU Hsing Industrial Co Ltd 126 0.01 1,723 Yang Ming Marine Transport Corp 507 0.03
1,692 Taiwan Glass Industry Corp 765 0.04 605 YC Co Ltd 259 0.01
360 Taiwan Hon Chuan Enterprise Co Ltd 536 0.03 428 YC INOX Co Ltd 344 0.02
223 Taiwan Hopax Chemicals Manufacturing Co Ltd 138 0.01 192 Yea Shin International Development Co Ltd 101 0.01
495 Taiwan Kolin Co Ltd – – 53 Yeong Guan Energy Technology Group Co Ltd 81 –
54 Taiwan Land Development Corp 14 – 2,136 YFY Inc 807 0.04
270 Taiwan Navigation Co Ltd 175 0.01 276 Yi Jinn Industrial Co Ltd 113 0.01
391 Taiwan PCB Techvest Co Ltd 359 0.02 1,783 Yieh Phui Enterprise Co Ltd 566 0.03
240 Taiwan Pulp & Paper Corp 138 0.01 179 Youngtek Electronics Corp 238 0.01
49 Taiwan Sakura Corp 56 – 13,376 Yuanta Financial Holding Co Ltd 6,841 0.36
28 Taiwan Shin Kong Security Co Ltd 30 – 1,265 Yulon Motor Co Ltd 741 0.04
391 Taiwan Surface Mounting Technology Corp 463 0.02 286 Zenitron Corp 193 0.01
177 Taiyen Biotech Co Ltd 171 0.01 144 Zero One Technology Co Ltd 94 0.01
39 Tatung Co Ltd 52 – 637 Zhen Ding Technology Holding Ltd 1,627 0.08
38 Te Chang Construction Co Ltd 30 – 606 Zig Sheng Industrial Co Ltd 183 0.01
2,305 Teco Electric and Machinery Co Ltd 1,288 0.07 165 Zinwell Corp 89 0.01
49 Test Rite International Co Ltd 35 – 339 ZongTai Real Estate Development Co Ltd 182 0.01
107 Tex-Ray Industrial Co Ltd 37 – 306,814 15.94
849 Ton Yi Industrial Corp 352 0.02 Thailand - 2.72%
236 Tong Yang Industry Co Ltd 304 0.02 38 AJ Plast PCL 10 –
242 Tong-Tai Machine & Tool Co Ltd 143 0.01 2,140 AP Thailand PCL 442 0.02
213 Topoint Technology Co Ltd 130 0.01 830 Bangchak Corp PCL 852 0.04
482 TPK Holding Co Ltd 835 0.04 499 Bangkok Airways PCL 185 0.01
148 Tripod Technology Corp 402 0.02 176 Bangkok Bank PCL, NVDR 1,112 0.06
101 Tsann Kuen Enterprise Co Ltd 66 – 5 Bangkok Insurance PCL 52 –
1,329 Tung Ho Steel Enterprise Corp 904 0.05 802 Bangkok Ranch PCL 101 0.01
456 TXC Corp 516 0.03 32 Bank of Ayudhya PCL, NVDR (Class B) 40 –
417 Tycoons Group Enterprise 92 0.01 2,847 Banpu PCL 1,472 0.08
107 UDE Corp 92 0.01 3,351 Cal-Comp Electronics Thailand PCL 184 0.01
2,498 Unimicron Technology Corp 1,725 0.09 3,509 Charoen Pokphand Foods PCL 2,667 0.14
1,681 Union Bank Of Taiwan 540 0.03 5,014 G J Steel PCL 20 –
162 Unitech Computer Co Ltd 101 0.01 73 ICC International PCL 90 –
728 Unitech Printed Circuit Board Corp 369 0.02 443 Ichitan Group PCL 51 –
22,481 United Microelectronics Corp 8,400 0.44 10,503 IRPC PCL 1,948 0.10
181 United Renewable Energy Co Ltd 52 – 2,335 Italian-Thai Development PCL 186 0.01
97 Universal Cement Corp 60 – 1,316 Kasikornbank PCL, NVDR 7,743 0.41
131 Unizyx Holding Corp 52 – 169 Khon Kaen Sugar Industry PCL 17 –
1,360 UPC Technology Corp 539 0.03 157 Kiatnakin Bank PCL 344 0.02
1,052 USI Corp 401 0.02 4,134 Krung Thai Bank PCL 2,539 0.13
44 Usun Technology Co Ltd 48 – 3,068 LH Financial Group PCL 134 0.01
185 U–Ming Marine Transport Corp 193 0.01 1,055 LPN Development PCL 257 0.01
124 Ve Wong Corp 102 0.01 895 Millcon Steel PCL 46 –
140 Victory New Materials Ltd Co 92 0.01 106 Padaeng Industry PCL 39 –
106 Waffer Technology Co Ltd 64 – 583 Polyplex Thailand PCL 266 0.01
91 Wah Hong Industrial Corp 58 – 4,694 Property Perfect PCL 131 0.01
278 Wah Lee Industrial Corp 456 0.02 1,096 Pruksa Holding PCL 620 0.03
4,198 Walsin Lihwa Corp 2,532 0.13 3,497 PTT Global Chemical PCL 8,347 0.44
8 Walsin Technology Corp 48 – 3,787 PTT PCL 5,728 0.30
438 Walton Advanced Engineering Inc 153 0.01 391 Regional Container Lines PCL 60 –
795 Wan Hai Lines Ltd 411 0.02 1,099 Rojana Industrial Park PCL 177 0.01
3,776 Waterland Financial Holdings Co Ltd 1,234 0.06 94 Saha-Union PCL 133 0.01
327 Weikeng Industrial Co Ltd 204 0.01 6,974 Sansiri PCL 284 0.01
145 Well Shin Technology Co Ltd 246 0.01 3,290 SC Asset Corp PCL 344 0.02
4,892 Winbond Electronics Corp 2,405 0.12 669 Sena Development PCL 74 –
88 Winstek Semiconductor Co Ltd 70 – 1,466 Siam Commercial Bank PCL 6,198 0.33
1,627 Wintek Corp 18 – 648 Sri Trang Agro-Industry PCL 323 0.02
457 Wisdom Marine Lines Co Ltd 429 0.02 1,169 Srithai Superware PCL 42 –
4,688 Wistron Corp 2,990 0.16 2,115 Star Petroleum Refining PCL 772 0.04
154 Wonderful Hi-Tech Co Ltd 85 – 3,466 Super Energy Corp PCL 59 –
1,528 WPG Holdings Ltd 1,865 0.10 607 Syntec Construction PCL 54 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 64
Emerging Markets Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Thailand - 2.72% (continued) Turkey - 1.11% (continued)
1,101 Thai Airways International PCL 482 0.03 30 Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret AS 20 –
1,662 Thai Oil PCL 3,840 0.20 – Sekerbank TAS – –
7 Thai Stanley Electric PCL 48 – 70 Selcuk Ecza Deposu Ticaret ve Sanayi AS 39 –
772 Thanachart Capital PCL 1,250 0.06 – Soda Sanayii AS – –
339 Thitikorn PCL 98 0.01 – Tat Gida Sanayi AS – –
923 Thoresen Thai Agencies PCL 171 0.01 – Tekfen Holding AS – –
236 TIPCO Foods PCL 62 – 108 Trakya Cam Sanayii AS 65 –
11,026 TMB Bank PCL 778 0.04 – Turcas Petrol AS – –
5,566 TPI Polene PCL 333 0.02 819 Turk Hava Yollari AO 2,672 0.14
5,473 True Corp PCL 973 0.05 – Turker proje Gayrimenkul ve Yatirim Gelistirme AS – –
256 Univentures PCL 56 – 3,560 Turkiye Garanti Bankasi AS 5,642 0.30
146 Vinythai PCL 102 0.01 876 Turkiye Halk Bankasi AS 1,212 0.06
52,336 2.72 2,643 Turkiye Is Bankasi AS 2,161 0.11
Turkey - 1.11% 1,923 Turkiye Sinai Kalkinma Bankasi AS 291 0.02
– Adana Cimento Sanayii TAS – – 716 Turkiye Sise ve Cam Fabrikalari AS 691 0.04
– Adana Cimento Sanayii TAS, Class C – – 1,319 Turkiye Vakiflar Bankasi TAO 1,016 0.05
2,814 Akbank T.A.S. 4,142 0.23 – Ulker Biskuvi Sanayi AS – –
– Akenerji Elektrik Uretim AS – – – Uzel Makina Sanayii AS – –
– Aksa Akrilik Kimya Sanayii AS – – – Vestel Elektronik Sanayi ve Ticaret AS – –
– Alarko Holding AS – – 1,864 Yapi ve Kredi Bankasi AS 619 0.03
1,086 Albaraka Turk Katilim Bankasi AS 263 0.01 21,290 1.11
191 Anadolu Anonim Turk Sigorta Sirketi 162 0.01 Total Common Stock - 99.25% (30 November 2017: 99.18%) 1,909,837 99.25
– Anadolu Cam Sanayii AS – –
43 Anadolu Efes Biracilik Ve Malt Sanayii AS 176 0.01 Preferred Stock
– Anadolu Isuzu Otomotiv Sanayi Ve Ticaret AS – – Brazil - 1.16%
– Arcelik AS – – 157 Banco ABC Brasil SA 669 0.03
– Aygaz AS – – 307 Banco do Estado do Rio Grande do Sul SA 1,734 0.09
17 Bagfas Bandirma Gubre Fabrikalari AS 18 – 42 Banco Pan SA 21 –
– Baticim Bati Anadolu Cimento Sanayii AS – – 89 Cia Brasileira de Distribuicao 1,915 0.10
– BatiSoke Soke Cimento Sanayii TAS – – 90 Cia Ferro Ligas da Bahia - Ferbasa 517 0.03
– Bolu Cimento Sanayii AS – – 14 Eucatex SA Industria e Comercio 15 –
97 Borusan Mannesmann Boru Sanayi ve Ticaret AS 149 0.01 2 Grazziotin SA 13 –
– Boyner Perakende Ve Tekstil Yatirimlari AS – – 480 Marcopolo SA 514 0.03
– Cemtas Celik Makina Sanayi Ve Ticaret AS – – 2,244 Petroleo Brasileiro SA 14,790 0.76
60 Cimsa Cimento Sanayi VE Ticaret AS 84 – 76 Unipar Carbocloro SA 765 0.04
– Deva Holding AS – – 672 Usinas Siderurgicas de Minas Gerais SA 1,627 0.08
– Dogan Gazetecilik AS – – 22,580 1.16
2,084 Dogan Sirketler Grubu Holding AS 460 0.02
Colombia - 0.11%
466 Enka Insaat ve Sanayi AS 419 0.02
482 Avianca Holdings SA 309 0.02
– Eregli Demir ve Celik Fabrikalari TAS – –
153 Grupo Argos SA 634 0.03
– Gentas Genel Metal Sanayi ve Ticaret AS – –
116 Grupo de Inversiones Suramericana SA 1,094 0.06
467 Gozde Girisim Sermayesi Yatirim Ortakligi AS 266 0.01
2,037 0.11
– Haci Omer Sabanci Holding AS – –
Korea, Republic of - 0.01%
– Hektas Ticaret TAS – –
326 Ihlas Holding AS 21 – 34 Mirae Asset Daewoo Co Ltd 115 0.01
– Is Finansal Kiralama AS – – 115 0.01
– Is Yatirim Menkul Degerler AS – – Total Preferred Stock - 1.28% (30 November 2017: 1.22%) 24,732 1.28
– Izmir Demir Celik Sanayi AS – –
– Kardemir Karabuk Demir Celik Sanayi ve Ticaret Real Estate Investment Trust
AS (Class A) – – Korea, Republic of - 0.01%
– Kardemir Karabuk Demir Celik Sanayi ve Ticaret
AS (Class B) – – 36 Korea Asset In Trust Co Ltd 149 0.01
– Kardemir Karabuk Demir Celik Sanayi ve Ticaret 149 0.01
AS (Class D) – – Turkey - 0.00%
– KOC Holding AS – – - Is Gayrimenkul Yatirim Ortakligi AS – –
81 Kordsa Teknik Tekstil AS 158 0.01
– –
14 Koza Altin Isletmeleri AS 145 0.01 Total Real Estate Investment Trust - 0.01% (30 November
98 Koza Anadolu Metal Madencilik Isletmeleri AS 146 0.01 2017: 0.00%) 149 0.01
– Marti Otel Isletmeleri AS – –
– Menderes Tekstil Sanayi ve Ticaret AS – – Rights
52 Pegasus Hava Tasimaciligi AS 253 0.01 Chile - 0.00%
– Petkim Petrokimya Holding AS – – 40 Empresas La Polar SA – –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 65
Emerging Markets Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Rights (continued) Rights (continued)
China - 0.00% Total Rights - 0.00% (30 November 2017: 0.00%) 3 –
4 Fosun International Ltd – –
– – Warrants
Taiwan - 0.00% Malaysia - 0.00%
1 Fulgent Sun International Holding Co Ltd – – 31 Mitrajaya Holdings Bhd 1 –
25 Long Chen Paper Co Ltd 1 – 1 –
88 Tycoons Group Enterprise 2 – Total Warrants - 0.00% (30 November 2017: 0.00%) 1 –
3 – Total Investments - 100.54% (30 November 2017: 100.40%) 1,934,722 100.54
% of Net
Value (000's) Asset
USD Value
Cash and Cash Equivalents – 0.33% (30 November 2017: 0.15%) 6,301 0.33
Other Liabilities in Excess of Other Assets – (0.87)% (30 November 2017: (0.55)%) (16,671) (0.87)
Total Net Assets 1,924,352 100.00
Amounts designated as “-“ are either $0, less than $500 or less than 500 shares.
Analysis of Total Assets (unaudited) % of Total Assets
Transferable securities admitted to an official exchange listing 99.18
Current Assets 0.82
Total Assets 100.00
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 66
Euro Inflation Linked Intermediate Duration Fixed Income Fund
Portfolio of Investments as at 30 November 2018
% of Net
Face Value Coupon Maturity Value (000's) Asset
(000's) Rate % Date EUR Value
Government Bonds
France - 86.49%
25 France Government
Bond OAT 1.100 25/07/2022 31 0.09
3,229 France Government
Bond OAT 0.250 25/07/2024 3,674 11.13
5,510 France Government
Bond OAT 1.850 25/07/2027 7,559 22.89
6,980 France Government
Bond OAT 0.700 25/07/2030 8,321 25.20
4,405 France Government
Bond OAT 3.150 25/07/2032 8,528 25.83
410 France Government
Bond OAT 0.100 25/07/2036 445 1.35
28,558 86.49
Germany - 10.80%
957 Deutsche
Bundesrepublik
Inflation Linked Bond 0.100 15/04/2023 1,095 3.31
1,500 Deutsche
Bundesrepublik
Inflation Linked Bond 0.100 15/04/2026 1,719 5.21
615 Deutsche
Bundesrepublik
Inflation Linked Bond 0.500 15/04/2030 752 2.28
3,566 10.80
Total Government Bonds - 97.29%
(30 November 2017: 98.87%) 32,124 97.29
Total Investments - 97.29% (30 November 2017: 98.87%) 32,124 97.29
% of Net
Value (000's) Asset
EUR Value
Cash and Cash Equivalents - 2.45% (30 November 2017: 0.28%) 808 2.45
Other Assets in Excess of Other Liabilities - 0.26% (30 November 2017: 0.85%) 87 0.26
Total Net Assets 33,019 100.00
Analysis of Total Assets (unaudited) % of Total Assets
Transferable securities admitted to an official exchange listing 97.10
Current Assets 2.90
Total Assets 100.00
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 67
European Small Companies Fund
Portfolio of Investments as at 30 November 2018
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) EUR Value Shares (000's) EUR Value
Common Stock Common Stock (continued)
Austria - 2.29% Belgium - 2.91% (continued)
2 Agrana Beteiligungs AG 42 0.02 6 Orange Belgium SA 91 0.05
11 Andritz AG 475 0.27 5 Oxurion NV 20 0.01
26 Atrium European Real Estate Ltd 88 0.05 – Picanol 35 0.02
5 Austria Technologie & Systemtechnik AG 89 0.05 7 Recticel SA 48 0.03
12 CA Immobilien Anlagen AG 352 0.20 – Resilux 21 0.01
1 DO & CO AG 108 0.06 1 Roularta Media Group NV 12 0.01
8 EVN AG 106 0.06 1 Sioen Industries NV 35 0.02
4 FACC AG 67 0.04 1 Sipef NV 61 0.03
2 Flughafen Wien AG 66 0.04 7 Telenet Group Holding NV 285 0.16
15 Immofinanz AG 321 0.18 – TER Beke SA 15 0.01
1 Kapsch TrafficCom AG 25 0.01 5 Tessenderlo Group SA 155 0.08
2 Lenzing AG 177 0.10 6 Umicore SA 213 0.11
1 Mayr Melnhof Karton AG 169 0.10 1 Van de Velde NV 24 0.01
2 Oberbank AG 214 0.12 13 Viohalco SA 34 0.02
6 Oesterreichische Post AG 197 0.11 5,088 2.91
2 Palfinger AG 70 0.04 Denmark - 3.61%
2 POLYTEC Holding AG 21 0.01 1 ALK-Abello AS 135 0.08
2 Porr AG 37 0.02 10 Alm Brand AS 72 0.04
1 Rosenbauer International AG 30 0.02 22 Ambu AS 386 0.22
9 S IMMO AG 138 0.08 7 Bang & Olufsen AS 121 0.07
2 Schoeller-Bleckmann Oilfield Equipment AG 140 0.08 5 Bavarian Nordic AS 85 0.05
2 Semperit AG Holding 22 0.01 – Brodrene Hartmann AS 11 0.01
3 Strabag SE 94 0.05 10 Columbus AS 18 0.01
28 Telekom Austria AG 185 0.11 5 D/S Norden AS 66 0.04
1 UBM Development AG 21 0.01 5 Dfds AS 163 0.09
22 UNIQA Insurance Group AG 189 0.11 – Djurslands Bank AS 11 0.01
7 Vienna Insurance Group AG Wiener Versicherung
6 FLSmidth & Co AS 278 0.16
Gruppe 158 0.09
23 GN Store Nord AS 707 0.40
19 Wienerberger AG 367 0.22
2 H&H International AS 30 0.02
5 Zumtobel Group AG 45 0.03
1 Harboes Bryggeri AS 11 0.01
4,013 2.29
1 IC Group AS 7 –
Belgium - 2.91%
24 ISS AS 691 0.40
4 Ackermans & van Haaren NV 566 0.32
– Jeudan AS 40 0.02
33 AGFA-Gevaert NV 124 0.07
12 Jyske Bank AS 404 0.23
3 Argenx SE 243 0.14
– Lan & Spar Bank AS 14 0.01
– Atenor 20 0.01
7 Matas AS 58 0.03
– Banque Nationale de Belgique 61 0.03
4 Nilfisk Holding AS 158 0.09
2 Barco NV 158 0.09
4 NKT AS 61 0.03
6 Bekaert SA 140 0.08
2 NNIT AS 47 0.03
5 Biocartis NV 62 0.04
3 Pandora AS 146 0.08
14 bpost SA 156 0.09
1 Parken Sport & Entertainment AS 9 0.01
1 Celyad SA 17 0.01
3 Per Aarsleff Holding AS 91 0.05
1 Cie d'Entreprises CFE 118 0.07
5 Ringkjoebing Landbobank AS 235 0.13
1 Cie Immobiliere de Belgique SA 28 0.02
– Rockwool International AS, Class A 37 0.02
4 D'ieteren SA/NV 153 0.09
1 Rockwool International AS, Class B 240 0.14
13 Deceuninck NV 27 0.02
7 Royal Unibrew AS 441 0.25
25 Econocom Group SA/NV 79 0.05
2 RTX AS 45 0.03
5 Elia System Operator SA/NV 272 0.16
2 Santa Fe Group AS 3 –
25 Euronav NV 195 0.11
6 Scandinavian Tobacco Group AS 65 0.04
2 EVS Broadcast Equipment SA 44 0.03
2 Schouw & Co AS 157 0.09
5 Exmar NV 34 0.02
6 SimCorp AS 361 0.21
7 Fagron 101 0.06
1 Solar AS 35 0.02
6 Galapagos NV 577 0.33
15 Spar Nord Bank AS 110 0.06
3 Gimv NV 155 0.09
12 Sydbank AS 259 0.15
3 Ion Beam Applications 56 0.03
– Tivoli AS 34 0.02
1 Jensen-Group NV 20 0.01
14 TK Development AS 11 0.01
2 Kinepolis Group NV 126 0.07
8 Topdanmark AS 333 0.19
– Lotus Bakeries 103 0.06
1 TORM PLC 8 –
7 MDxHealth 14 0.01
– United International Enterprises 50 0.03
3 Melexis NV 156 0.09
37 Vestjysk Bank AS 10 0.01
14 Nyrstar NV 10 0.01
5 Zealand Pharma AS 53 0.02
12 Ontex Group NV 224 0.13
6,307 3.61
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 68
European Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) EUR Value Shares (000's) EUR Value
Common Stock (continued) Common Stock (continued)
Finland - 4.35% France - 7.89% (continued)
9 Afarak Group Oyj 7 – 1 Actia Group 4 –
7 Ahlstrom-Munksjo Oyj 87 0.05 30 Air France-KLM 303 0.17
9 Aktia Bank Oyj 84 0.05 2 Akka Technologies 96 0.05
1 Alandsbanken Abp 15 0.01 2 AKWEL 25 0.01
6 Alma Media Oyj 38 0.02 4 Albioma SA 69 0.04
19 Amer Sports Oyj 621 0.36 4 Alten SA 326 0.19
1 Apetit Oyj 10 0.01 33 Altran Technologies SA 289 0.17
2 Asiakastieto Group Oyj 55 0.03 3 Amplitude Surgical SAS 9 0.01
4 Aspo Oyj 35 0.02 4 APRIL SA 62 0.04
2 Atria Oyj 15 0.01 1 Assystem SA 32 0.02
1 BasWare Oyj 43 0.02 1 Aubay 20 0.01
6 Bittium Oyj 40 0.02 1 Axway Software SA 11 0.01
6 Cargotec Oyj 219 0.13 – Bastide le Confort Medical 10 0.01
13 Caverion Oyj 70 0.04 5 Beneteau SA 70 0.04
67 Citycon Oyj 121 0.07 1 Bigben Interactive 8 –
6 Cramo Oyj 102 0.06 1 Boiron SA 60 0.03
2 Digia Oyj 5 – 2 Bonduelle SCA 79 0.05
12 Elisa Oyj 436 0.25 4 Bourbon Corp 17 0.01
15 F-Secure Oyj 35 0.02 – Burelle SA 44 0.03
11 Finnair Oyj 85 0.05 7 Casino Guichard Perrachon SA 278 0.16
5 Fiskars Oyj Abp 85 0.05 1 Cegedim SA 28 0.02
5 HKScan Oyj 9 0.01 113 CGG SA 151 0.09
17 Huhtamaki Oyj 454 0.26 3 Chargeurs SA 59 0.03
2 Ilkka-Yhtyma Oyj 9 0.01 1 Cie des Alpes 34 0.02
19 Kemira Oyj 193 0.11 9 Cie Plastic Omnium SA 206 0.12
3 Kesko Oyj, Class A 136 0.08 12 Coface SA 98 0.06
11 Kesko Oyj, Class B 572 0.33 13 Derichebourg SA 51 0.03
10 Konecranes Oyj 315 0.18 1 Devoteam SA 74 0.04
5 Lassila & Tikanoja Oyj 72 0.04 20 Edenred 682 0.39
2 Lehto Group Oyj 11 0.01 – Electricite de Strasbourg SA 30 0.02
32 Metsa Board Oyj 199 0.11 17 Elior Group SA 227 0.13
18 Metso Oyj 448 0.26 25 Elis SA 439 0.25
18 Nokian Renkaat Oyj 516 0.30 1 Eramet 96 0.05
3 Olvi Oyj 82 0.05 1 Esso SA Francaise 19 0.01
20 Oriola Oyj, Class A 46 0.03 6 Etablissements Maurel et Prom 22 0.01
4 Oriola Oyj, Class B 10 0.01 8 Euronext NV 428 0.24
4 Orion Oyj, Class A 111 0.06 15 Europcar Mobility Group 127 0.07
14 Orion Oyj, Class B 427 0.24 26 Eutelsat Communications SA 484 0.28
54 Outokumpu Oyj 201 0.11 – Fleury Michon SA 19 0.01
24 Outotec Oyj 80 0.05 5 Fnac Darty SA 287 0.16
2 Pihlajalinna Oyj 19 0.01 3 Gaztransport Et Technigaz SA 209 0.12
2 Ponsse Oyj 65 0.04 52 Getlink SE 599 0.34
6 Poyry Oyj 43 0.02 2 GL Events 36 0.02
2 QT Group Oyj 13 0.01 1 Groupe Crit 36 0.02
20 Raisio Oyj 56 0.03 1 Groupe Gorge 6 –
12 Ramirent Oyj 69 0.04 1 Groupe Open 23 0.01
4 Revenio Group Oyj 51 0.03 1 Guerbet 65 0.04
14 Sanoma Oyj 127 0.07 3 Haulotte Group SA 25 0.01
3 Stockmann Oyj Abp, Class A 6 – 1 Herige SADCS 16 0.01
4 Stockmann Oyj Abp, Class B 9 0.01 – HiPay Group SA 2 –
2 Teleste Oyj 13 0.01 – ID Logistics Group 42 0.02
9 Tieto Oyj 221 0.12 4 Imerys SA 192 0.11
6 Tikkurila Oyj 77 0.03 9 Ingenico Group SA 582 0.33
6 Tokmanni Group Corp 45 0.03 6 IPSOS 143 0.08
8 Uponor Oyj 80 0.05 3 Jacquet Metal Service SA 44 0.03
3 Vaisala Oyj 51 0.03 3 Kaufman & Broad SA 90 0.05
21 Valmet Oyj 410 0.22 8 Korian SA 279 0.16
1 Viking Line Abp 15 0.01 18 Lagardere SCA 447 0.26
25 YIT Oyj 136 0.07 – Lanson-BCC 7 –
7,605 4.35 9 Latecoere SA 29 0.02
France - 7.89% – Laurent-Perrier 41 0.02
– ABC arbitrage 2 – 5 Lectra 91 0.05
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 69
European Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) EUR Value Shares (000's) EUR Value
Common Stock (continued) Common Stock (continued)
France - 7.89% (continued) Germany - 10.83%
1 Linedata Services 19 0.01 3 7C Solarparken AG 9 0.01
3 LISI 94 0.05 10 Aareal Bank AG 285 0.16
1 LNA Sante SA 35 0.02 5 ADLER Real Estate AG 82 0.05
5 Maisons du Monde SA 94 0.05 5 ADO Properties SA 236 0.13
– Maisons France Confort SA 11 0.01 7 ADVA Optical Networking SE 56 0.03
2 Manitou BF SA 54 0.03 17 Aixtron SE 167 0.10
– Manutan International 29 0.02 – All for One Steeb AG 2 –
3 Mersen SA 63 0.04 1 Allgeier SE 20 0.01
5 Metropole Television SA 73 0.04 1 Amadeus Fire AG 69 0.04
1 Mr Bricolage 8 – – Atoss Software AG 7 –
6 Neopost SA 156 0.09 6 Aurubis AG 275 0.16
5 Nexans SA 126 0.07 – Basler AG 32 0.02
7 Nexity SA 284 0.16 1 Bauer AG 20 0.01
3 Nicox SA 15 0.01 2 BayWa AG 57 0.03
3 NRJ Group 22 0.01 4 Bechtle AG 310 0.18
4 Oeneo SA 35 0.02 1 Bertrandt AG 66 0.04
8 Onxeo SA 7 – – bet-at-home.com AG 21 0.01
2 Parrot SA 5 – 1 Bijou Brigitte AG 22 0.01
1 Pierre & Vacances SA 12 0.01 6 Bilfinger SE 168 0.10
1 Plastivaloire 11 0.01 10 Borussia Dortmund GmbH & Co KGaA 85 0.05
– PSB Industries SA 11 0.01 5 CANCOM SE 180 0.10
3 Rallye SA 30 0.02 4 Carl Zeiss Meditec AG 271 0.15
2 Recylex SA 13 0.01 26 Ceconomy AG 107 0.06
49 Rexel SA 516 0.30 1 CENIT AG 17 0.01
– Robertet SA 82 0.05 1 CENTROTEC Sustainable AG 8 –
3 Rothschild & Co 96 0.05 1 Cewe Stiftung & Co KGAA 62 0.04
13 Rubis SCA 629 0.36 5 comdirect bank AG 52 0.03
– Samse SA 11 0.01 4 CompuGroup Medical SE 188 0.11
2 Sartorius Stedim Biotech 202 0.12 2 Corestate Capital Holding SA 58 0.03
1 Savencia SA 55 0.03 3 CropEnergies AG 11 0.01
– Seche Environnement SA 7 – 9 CTS Eventim AG & Co KGaA 297 0.17
4 Societe BIC SA 358 0.20 – Data Modul AG 20 0.01
Societe des Bains de Mer et du Cercle des 1 Delticom AG 6 –
1 Etrangers a Monaco 48 0.03
2 Deutsche Beteiligungs AG 81 0.05
– Societe Marseillaise du Tunnel Prado-Carenage SA 7 –
8 Deutsche EuroShop AG 223 0.13
1 Societe pour l'Informatique Industrielle 19 0.01
22 Deutsche Pfandbriefbank AG 234 0.13
3 SOITEC 145 0.08
22 Deutz AG 145 0.08
95 Solocal Group 59 0.03
12 Dialog Semiconductor PLC 287 0.16
1 Somfy SA 87 0.05
9 DIC Asset AG 83 0.05
2 Sopra Steria Group 206 0.12
1 Diebold Nixdorf AG 54 0.03
17 SPIE SA 215 0.12
1 DMG Mori AG 31 0.02
– Stallergenes Greer PLC 14 0.01
1 Dr Hoenle AG 75 0.04
1 Stef SA 50 0.03
1 Draegerwerk AG & Co KGaA 29 0.02
1 Sword Group 18 0.01
8 Duerr AG 274 0.16
1 Synergie SA 40 0.02
1 Eckert & Ziegler AG 43 0.02
5 Tarkett SA 102 0.06
1 EDAG Engineering Group AG 26 0.01
47 Technicolor SA 51 0.03
2 Elmos Semiconductor AG 33 0.02
8 Television Francaise 1 65 0.04
6 ElringKlinger AG 50 0.03
– Tessi SA 41 0.02
2 Ferratum Oyj 16 0.01
1 Thermador Groupe 58 0.03
4 Fielmann AG 222 0.13
– Total Gabon 15 0.01
1 First Sensor AG 16 0.01
2 Trigano SA 181 0.10
– FORTEC Elektronik AG 8 –
5 Ubisoft Entertainment SA 375 0.21
21 Freenet AG 378 0.22
1 Union Financiere de France BQE SA 15 0.01
11 GEA Group AG 259 0.15
49 Vallourec SA 103 0.06
5 Gerresheimer AG 311 0.18
3 Valneva SE 10 0.01
4 Gerry Weber International AG 17 0.01
– Vetoquinol SA 21 0.01
2 Gesco AG 44 0.03
3 Vicat SA 128 0.07
3 GFT Technologies SE 22 0.01
8 VIEL & Cie SA 35 0.02
16 Grand City Properties SA 343 0.20
1 Vilmorin & Cie SA 79 0.06
3 Grenke AG 223 0.13
– Virbac SA 50 0.04
3 H&R GmbH & Co KGaA 21 0.01
1 Vranken-Pommery Monopole SA 14 0.01
4 Hamburger Hafen und Logistik AG 76 0.04
13,793 7.89
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 70
European Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) EUR Value Shares (000's) EUR Value
Common Stock (continued) Common Stock (continued)
Germany - 10.83% (continued) Germany - 10.83% (continued)
2 Hapag-Lloyd AG 52 0.03 1 Softing AG 5 –
– Hawesko Holding AG 9 0.01 8 Software AG 307 0.18
43 Heidelberger Druckmaschinen AG 81 0.05 4 Stabilus SA 245 0.14
6 Hella GmbH & Co KGaA 210 0.12 1 STRATEC Biomedical AG 43 0.02
5 HolidayCheck Group AG 16 0.01 4 Stroeer SE & Co KGaA 202 0.12
2 Hornbach Baumarkt AG 34 0.02 12 Suedzucker AG 152 0.09
1 Hornbach Holding AG & Co KGaA 33 0.02 3 Suess MicroTec SE 32 0.02
10 Hugo Boss AG 598 0.34 1 Surteco Group SE 30 0.02
3 Indus Holding AG 125 0.07 1 Syzygy AG 5 –
3 Isra Vision AG 114 0.07 21 TAG Immobilien AG 436 0.25
8 Jenoptik AG 223 0.13 6 Takkt AG 87 0.05
33 K&S AG 511 0.29 1 Technotrans SE 43 0.02
14 Kloeckner & Co SE 100 0.06 11 Tele Columbus AG 41 0.02
2 Koenig & Bauer AG 93 0.05 14 TLG Immobilien AG 336 0.19
3 Krones AG 203 0.12 4 Tom Tailor Holding SE 13 0.01
– KSB SE & Co KGaA 14 0.01 1 Traffic Systems SE 13 0.01
– KWS Saat SE 117 0.07 4 VERBIO Vereinigte BioEnergie AG 31 0.02
14 Lanxess AG 683 0.39 1 Vossloh AG 59 0.03
9 LEG Immobilien AG 919 0.53 2 VTG AG 112 0.06
2 Leifheit AG 41 0.02 2 Wacker Chemie AG 129 0.07
5 Leoni AG 149 0.09 5 Wacker Neuson SE 88 0.05
2 LPKF Laser & Electronics AG 9 0.01 2 Washtec AG 103 0.06
1 Manz AG 23 0.01 4 Wuestenrot & Wuerttembergische AG 69 0.04
1 MasterFlex SE 6 – 1 XING SE 138 0.07
2 Medigene AG 19 0.01 1 Zeal Network SE 25 0.01
16 METRO AG 221 0.13 18,943 10.83
10 MLP SE 43 0.02 Ireland - 0.63%
4 Nemetschek SE 383 0.22 37 C&C Group PLC 114 0.07
2 Nexus AG 58 0.03 4 Datalex PLC 9 0.01
10 Nordex SE 90 0.05 2 FBD Holdings PLC 19 0.01
5 Norma Group SE 264 0.15 25 Glanbia PLC 390 0.22
1 OHB SE 34 0.02 11 IFG Group PLC 16 0.01
6 OSRAM Licht AG 255 0.15 19 Irish Continental Group PLC 91 0.05
– Paragon GmbH & Co KGaA 8 – 9 Kingspan Group PLC 342 0.20
9 Patrizia Immobilien AG 163 0.09 5 Smurfit Kappa Group PLC 127 0.06
1 Pfeiffer Vacuum Technology AG 148 0.08 1,108 0.63
17 PNE AG 43 0.02
Italy - 6.66%
1 Progress-Werk Oberkirch AG 14 0.01
259 A2A SpA 385 0.22
19 ProSiebenSat.1 Media SE 341 0.20
9 ACEA SpA 111 0.06
2 PSI Software AG 33 0.02
7 Aeffe SpA 18 0.01
24 QSC AG 34 0.02
14 Amplifon SpA 209 0.12
– R Stahl AG 11 0.01
40 Anima Holding SpA 149 0.09
– Rational AG 181 0.10
2 Aquafil SpA 18 0.01
7 Rheinmetall AG 559 0.32
31 Arnoldo Mondadori Editore SpA 46 0.03
6 Rhoen Klinikum AG 133 0.08
17 AS Roma SpA 9 0.01
6 RIB Software SE 75 0.04
12 Ascopiave SpA 37 0.02
12 Rocket Internet SE 262 0.15
20 Autogrill SpA 165 0.09
8 S&T AG 162 0.09
3 Avio SpA 33 0.02
8 SAF-Holland SA 106 0.06
22 Azimut Holding SpA 237 0.14
7 Salzgitter AG 188 0.11
1 B&C Speakers SpA 9 0.01
– Schloss Wachenheim AG 2 –
2,495 Banca Carige SpA 5 –
13 Scout24 AG 463 0.26
15 Banca Farmafactoring SpA 71 0.04
– Secunet Security Networks AG 23 0.01
9 Banca Generali SpA 181 0.10
3 Senvion SA 9 0.01
4 Banca IFIS SpA 67 0.04
9 SGL Carbon SE 83 0.05
44 Banca Mediolanum SpA 231 0.13
1 Shop Apotheke Europe NV 31 0.02
34 Banca Monte dei Paschi di Siena SpA 54 0.03
1 SHW AG 28 0.02
88 Banca Popolare di Sondrio SCPA 242 0.14
3 Siltronic AG 225 0.13
15 Banca Profilo SpA 3 –
1 Sixt Leasing SE 19 0.01
12 Banca Sistema SpA 19 0.01
2 Sixt SE 186 0.11
225 Banco BPM SpA 466 0.27
2 SMA Solar Technology AG 41 0.02
7 Banco di Desio e della Brianza SpA 13 0.01
1 SMT Scharf AG 8 –
11 BE 9 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 71
European Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) EUR Value Shares (000's) EUR Value
Common Stock (continued) Common Stock (continued)
Italy - 6.66% (continued) Italy - 6.66% (continued)
2 Biesse SpA 44 0.03 20 Retelit SpA 32 0.02
81 BPER Banca 293 0.17 12 Rizzoli Corriere Della Sera Mediagroup SpA 14 0.01
24 Brembo SpA 240 0.14 1 Sabaf SpA 19 0.01
5 Brunello Cucinelli SpA 161 0.09 1 SAES Getters SpA 26 0.01
13 Buzzi Unicem SpA 220 0.13 6 Safilo Group SpA 8 –
11 Cairo Communication SpA 36 0.02 107 Saipem SpA 415 0.24
3 Carraro SpA 7 – 33 Salini Impregilo SpA 59 0.03
8 Cementir Holding SpA 39 0.02 8 Salvatore Ferragamo SpA 162 0.09
32 Cerved Group SpA 219 0.13 97 Saras SpA 167 0.10
80 CIR-Compagnie Industriali Riunite SpA 72 0.04 3 Servizi Italia SpA 10 0.01
15 Credito Emiliano SpA 80 0.05 1 Sesa SpA 25 0.01
1,045 Credito Valtellinese SpA 85 0.05 28 Societa Cattolica di Assicurazioni SC 201 0.11
38 d'Amico International Shipping SA 5 – 14 Societa Iniziative Autostradali e Servizi SpA 170 0.10
2 Danieli & C Officine Meccaniche SpA 38 0.02 9 Sogefi SpA 13 0.01
3 Datalogic SpA 76 0.04 5 SOL SpA 52 0.03
10 De' Longhi SpA 246 0.14 20 Tamburi Investment Partners SpA 112 0.06
16 DeA Capital SpA 20 0.01 15 Technogym SpA 152 0.09
4 DiaSorin SpA 283 0.16 2 Tinexta Spa 13 0.01
15 Emak SpA 19 0.01 218 Tiscali SpA 4 –
42 Enav SpA 179 0.10 2 Tod's SpA 75 0.04
2 ePrice SpA 3 – 12 TREVI - Finanziaria Industriale SpA 3 –
10 ERG SpA 168 0.10 2 TXT e-solutions SpA 16 0.01
4 Esprinet SpA 14 0.01 1 Unieuro SpA 9 0.01
7 Eurotech SpA 24 0.01 180 Unione di Banche Italiane SpA 511 0.29
5 Exprivia SpA 5 – 66 Unipol Gruppo SpA 241 0.15
25 Falck Renewables SpA 60 0.03 151 UnipolSai Assicurazioni SpA 310 0.18
2 Fila SpA 31 0.02 4 Zignago Vetro SpA 34 0.02
83 Fincantieri SpA 87 0.05 11,647 6.66
19 FinecoBank Banca Fineco SpA 179 0.10 Netherlands - 4.69%
14 FNM SpA 7 – 16 Aalberts Industries NV 483 0.28
22 GEDI Gruppo Editoriale SpA 9 0.01 4 Accell Group NV 72 0.04
1 Gefran SpA 7 – 58 Altice Europe NV, Class A 125 0.07
17 Geox SpA 22 0.01 5 Altice Europe NV, Class B 11 0.01
5 Gruppo MutuiOnline SpA 77 0.04 5 AMG Advanced Metallurgical Group NV 208 0.12
134 Hera SpA 325 0.19 3 Amsterdam Commodities NV 54 0.03
3 IMA Industria Macchine Automatiche SpA 158 0.09 9 APERAM SA 230 0.13
43 IMMSI SpA 18 0.01 13 Arcadis NV 147 0.08
50 Intek Group SpA 16 0.01 8 ASM International NV 294 0.17
12 Interpump Group SpA 320 0.18 21 ASR Nederland NV 800 0.46
112 Iren SpA 215 0.12 4 Basic-Fit NV 113 0.06
80 Italgas SpA 381 0.22 12 BE Semiconductor Industries NV 239 0.14
2 Italmobiliare SpA 44 0.03 3 Beter Bed Holding NV 14 0.01
2 IVS Group SA 24 0.01 13 BinckBank NV 57 0.03
75 Juventus Football Club SpA 82 0.05 16 Boskalis Westminster 404 0.23
5 La Doria SpA 38 0.02 3 Brunel International NV 36 0.02
43 Leonardo SpA 375 0.21 10 Corbion NV 252 0.14
1 LU-VE SpA 8 – 5 Flow Traders 135 0.08
24 Maire Tecnimont SpA 84 0.05 5 ForFarmers NV 44 0.03
5 MARR SpA 105 0.06 15 Fugro NV 163 0.09
4 Massimo Zanetti Beverage Group SpA 24 0.01 13 Gemalto NV 662 0.38
78 Mediaset SpA 213 0.12 8 GrandVision NV 153 0.09
3 Mondo TV SpA 5 – 4 Heijmans NV 35 0.02
8 Nice SpA 20 0.01 1 Hunter Douglas NV 53 0.03
1 Openjobmetis Spa agenzia per il lavoro 11 0.01 8 IMCD NV 448 0.26
23 OVS SpA 38 0.02 10 Intertrust NV 137 0.08
2 Panariagroup Industrie Ceramiche SpA 3 – 2 KAS Bank NV 13 0.01
28 Parmalat SpA 79 0.05 2 Kendrion NV 51 0.03
31 Piaggio & C SpA 56 0.03 44 Koninklijke BAM Groep NV 122 0.07
1 Prima Industrie SpA 17 0.01 12 Koninklijke Vopak NV 462 0.26
16 RAI Way SpA 69 0.04 1 Lucas Bols BV 19 0.01
30 Reno de Medici SpA 21 0.01 1 Nederland Apparatenfabriek 33 0.02
4 Reply SpA 203 0.12 12 OCI NV 233 0.13
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 72
European Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) EUR Value Shares (000's) EUR Value
Common Stock (continued) Common Stock (continued)
Netherlands - 4.69% (continued) Norway - 1.86% (continued)
18 Ordina NV 28 0.02 334 REC Silicon ASA 23 0.01
79 PostNL NV 207 0.12 12 Sbanken ASA 107 0.07
30 SBM Offshore NV 405 0.23 14 Scatec Solar ASA 105 0.07
1 SIF Holding NV 7 – 6 Selvaag Bolig ASA 26 0.01
17 Signify NV 390 0.22 31 Solstad Offshore ASA 7 –
4 Sligro Food Group NV 155 0.09 6 Spectrum ASA 28 0.02
3 Takeaway.com NV 129 0.07 4 Stolt-Nielsen Ltd 42 0.02
6 TKH Group NV 258 0.15 50 Thin Film Electronics ASA 4 –
22 TomTom NV 173 0.10 5 Treasure ASA 6 –
2 Van Lanschot Kempen NV 40 0.02 16 Veidekke ASA 163 0.10
12 Wessanen 108 0.06 2 Wilh Wilhelmsen Holding ASA, Class A 40 0.02
8,202 4.69 1 Wilh Wilhelmsen Holding ASA, Class B 9 0.01
Norway - 1.86% 13 XXL ASA 56 0.04
61 ABG Sundal Collier Holding ASA 30 0.02 3,257 1.86
5 AF Gruppen ASA 70 0.04 Portugal - 0.84%
45 Akastor ASA 58 0.03 11 Altri SGPS SA 69 0.04
25 Aker Solutions ASA 112 0.06 1,601 Banco Comercial Portugues SA 398 0.23
9 American Shipping Co ASA 30 0.02 27 CTT-Correios de Portugal SA 98 0.06
23 Archer Ltd 15 0.01 4 Ibersol SGPS SA 31 0.02
12 Atea ASA 142 0.08 19 Mota-Engil SGPS SA 33 0.02
10 Austevoll Seafood ASA 126 0.07 38 Navigator Co SA 142 0.08
7 Avance Gas Holding Ltd 14 0.01 49 NOS SGPS SA 271 0.15
20 Axactor SE 42 0.02 3 Novabase SGPS SA 7 –
18 B2Holding ASA 26 0.01 80 REN - Redes Energeticas Nacionais SGPS SA 192 0.11
3 Bonheur ASA 31 0.02 5 Semapa-Sociedade de Investimento e Gestao 68 0.04
16 Borregaard ASA 134 0.08 23 Sonae Capital SGPS SA 18 0.01
13 BW LPG Ltd 45 0.03 154 Sonae SGPS SA 129 0.08
17 BW Offshore Ltd 63 0.04 29 Teixeira Duarte SA 5 –
112 DNO ASA 168 0.10 1,461 0.84
15 DOF ASA 7 – Spain - 4.40%
24 Europris ASA 59 0.03 5 Acciona SA 406 0.22
36 FLEX LNG Ltd 56 0.03 29 Acerinox SA 257 0.15
14 Frontline Ltd 89 0.05 2 Adveo Group International SA 1 –
10 Funcom NV 17 0.01 2 Alantra Partners SA 29 0.02
7 Grieg Seafood ASA 87 0.05 11 Almirall SA 170 0.10
19 Hexagon Composites ASA 46 0.03 183 Amper SA 50 0.03
8 Hoegh LNG Holdings Ltd 35 0.02 21 Applus Services SA 222 0.13
35 IDEX ASA 14 0.01 17 Atresmedia Corp de Medios de Comunicacion SA 82 0.05
7 Itera ASA 6 – 3 Azkoyen SA 20 0.01
32 Kongsberg Automotive ASA 30 0.02 – Baron de Ley 46 0.03
10 Kongsberg Gruppen ASA 130 0.07 11 Bolsas y Mercados Espanoles SHMSF SA 286 0.16
22 Kvaerner ASA 28 0.02 22 Cellnex Telecom SA 544 0.30
9 Magnora ASA 6 – 7 Cia de Distribucion Integral Logista Holdings SA 166 0.09
166 NEL ASA 79 0.05 10 CIE Automotive SA 212 0.12
2 Next Biometrics Group AS 8 – 4 Construcciones y Auxiliar de Ferrocarriles SA 129 0.07
5 Nordic Nanovector ASA 48 0.03 53 Deoleo SA 4 –
21 Nordic Semiconductor ASA 83 0.05 93 Distribuidora Internacional de Alimentacion SA 61 0.03
2 Norway Royal Salmon ASA 49 0.03 570 Duro Felguera SA 8 –
5 Norwegian Air Shuttle ASA 111 0.06 12 Ebro Foods SA 222 0.13
15 Norwegian Finans Holding ASA 109 0.06 11 eDreams Odigeo SA 37 0.02
28 Norwegian Property ASA 31 0.02 6 Elecnor SA 76 0.04
9 Ocean Yield ASA 60 0.03 36 Enagas SA 873 0.49
14 Odfjell Drilling Ltd 41 0.02 23 Ence Energia y Celulosa SA 130 0.07
5 Odfjell SE 16 0.01 18 Ercros SA 67 0.04
4 Olav Thon Eiendomsselskap ASA 60 0.03 13 Euskaltel SA 97 0.06
20 Otello Corp ASA 26 0.01 48 Faes Farma SA 167 0.10
14 Panoro Energy ASA 21 0.01 11 Fluidra SA 118 0.07
55 Petroleum Geo-Services ASA 105 0.06 11 Fomento de Construcciones y Contratas SA 137 0.08
3 PhotoCure ASA 12 0.01 14 Global Dominion Access SA 64 0.04
10 Prosafe SE 18 0.01 7 Grupo Catalana Occidente SA 240 0.14
9 Protector Forsikring ASA 41 0.02 5 Grupo Empresarial San Jose SA 27 0.02
9 Q-Free ASA 7 – 45 Grupo Ezentis SA 29 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 73
European Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) EUR Value Shares (000's) EUR Value
Common Stock (continued) Common Stock (continued)
Spain - 4.40% (continued) Sweden - 5.96% (continued)
2 Iberpapel Gestion SA 50 0.03 8 Cavotec SA 13 0.01
20 Indra Sistemas SA 182 0.10 5 Clas Ohlson AB 42 0.02
2 Laboratorios Farmaceuticos Rovi SA 35 0.02 34 Cloetta AB 85 0.05
312 Liberbank SA 131 0.07 4 Collector AB 22 0.01
1 Masmovil Ibercom SA 64 0.04 6 Concentric AB 70 0.04
26 Mediaset Espana Comunicacion SA 160 0.09 8 Coor Service Management Holding AB 56 0.03
19 Melia Hotels International SA 167 0.10 13 Dios Fastigheter AB 74 0.04
2 Miquel y Costas & Miquel SA (non-voting rights) 35 0.02 49 Dometic Group AB 308 0.18
3 Miquel y Costas & Miquel SA (voting rights) 58 0.03 5 Doro AB 17 0.01
22 Obrascon Huarte Lain SA 20 0.01 5 Duni AB 56 0.03
10 Papeles y Cartones de Europa SA 164 0.09 12 Dustin Group AB 92 0.05
1 Parques Reunidos Servicios Centrales SAU 7 – 2 Eastnine AB 22 0.01
26 Pharma Mar SA 28 0.02 1 Elanders AB 7 –
2 Prim SA 28 0.02 6 Eltel AB 8 –
63 Promotora de Informaciones SA 115 0.07 3 Enea AB 27 0.02
43 Prosegur Cia de Seguridad SA 200 0.11 2 eWork Group AB 13 0.01
13 Quabit Inmobiliaria SA 22 0.01 10 Fabege AB 110 0.06
36 Realia Business SA 32 0.02 8 Fagerhult AB 62 0.04
68 Sacyr SA 139 0.08 5 FastPartner AB 28 0.02
16 Solaria Energia y Medio Ambiente SA 64 0.04 1 Fenix Outdoor International AG 57 0.03
11 Talgo SA 58 0.03 51 Fingerprint Cards AB 59 0.03
6 Tecnicas Reunidas SA 135 0.08 23 Getinge AB 209 0.12
10 Telepizza Group SA 45 0.03 12 Granges AB 107 0.06
21 Tubacex SA 63 0.04 7 Gunnebo AB 17 0.01
22 Tubos Reunidos SA 4 – 9 Haldex AB 60 0.03
– Vidrala SA (non-voting rights) 11 0.01 2 Heba Fastighets AB 24 0.01
3 Vidrala SA (voting rights) 219 0.13 5 Hembla AB 80 0.05
6 Viscofan SA 311 0.17 27 Hemfosa Fastigheter AB 190 0.11
9 Vocento SA 10 0.01 5 HIQ International AB 26 0.01
27 Zardoya Otis SA 172 0.10 3 HMS Networks AB 42 0.02
7,706 4.40 10 Hoist Finance AB 68 0.04
Sweden - 5.96% 4 Humana AB 20 0.01
9 AAK AB 111 0.06 15 Indutrade AB 321 0.18
11 AcadeMedia AB 48 0.03 9 Inwido AB 53 0.03
17 Acando AB 50 0.03 3 ITAB Shop Concept AB 5 –
3 AddLife AB 53 0.03 11 JM AB 183 0.10
4 AddNode Group AB 40 0.02 11 KappAhl AB 25 0.01
9 AddTech AB 159 0.09 23 Karo Pharma AB 84 0.05
11 AF AB 193 0.11 28 Kindred Group PLC, SDR 240 0.14
41 Ahlsell AB 177 0.10 79 Klovern AB 80 0.05
6 Alimak Group AB 70 0.04 4 KNOW IT AB 62 0.04
18 Arjo AB 54 0.03 30 Kungsleden AB 184 0.11
7 Atrium Ljungberg AB 102 0.06 8 Lagercrantz Group AB 75 0.04
17 Attendo AB 133 0.08 13 Lindab International AB 88 0.05
4 Avanza Bank Holding AB 174 0.10 11 Loomis AB 315 0.18
7 Beijer Alma AB 87 0.05 7 Medivir AB 23 0.01
4 Beijer Electronics Group AB 13 0.01 6 Mekonomen AB 51 0.03
9 Beijer Ref AB 129 0.07 4 Momentum Group AB 35 0.02
4 Bergman & Beving AB 38 0.02 4 MQ Holding AB 5 –
20 Betsson AB 143 0.08 12 Mycronic AB 135 0.08
12 Bilia AB 105 0.06 1 Nederman Holding AB 12 0.01
22 BillerudKorsnas AB 258 0.15 23 NetEnt AB 86 0.05
3 BioGaia AB 85 0.05 8 New Wave Group AB 40 0.02
8 Biotage AB 88 0.05 18 Nobia AB 97 0.06
5 Bjorn Borg AB 10 0.01 15 Nobina AB 85 0.05
13 Bonava AB 142 0.08 3 Nolato AB 116 0.07
32 Bravida Holding AB 202 0.12 4 Nordic Waterproofing Holding AS 29 0.02
5 Bufab AB 45 0.03 5 NP3 Fastigheter AB 30 0.02
2 Bulten AB 23 0.01 27 Nyfosa AB 112 0.06
10 Bure Equity AB 107 0.06 3 OEM International AB 52 0.03
10 Byggmax Group AB 35 0.02 30 Opus Group AB 16 0.01
3 Catena AB 61 0.03 4 Orexo AB 25 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 74
European Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) EUR Value Shares (000's) EUR Value
Common Stock (continued) Common Stock (continued)
Sweden - 5.96% (continued) Switzerland - 8.39% (continued)
7 Oriflame Holding AG 149 0.09 – Conzzeta AG 153 0.09
4 Pandox AB 53 0.03 1 Daetwyler Holding AG 146 0.08
30 Peab AB 213 0.12 5 DKSH Holding AG 284 0.16
7 Platzer Fastigheter Holding AB 38 0.02 – dormakaba Holding AG 286 0.16
21 Pricer AB 20 0.01 2 Dufry AG 222 0.13
1 Proact IT Group AB 18 0.01 12 EFG International AG 74 0.04
24 Qliro Group AB 27 0.02 – Emmi AG 276 0.16
7 Radisson Hospitality AB 26 0.01 2 Energiedienst Holding AG 57 0.03
35 Ratos AB 86 0.05 108 Evolva Holding SA 23 0.01
5 RaySearch Laboratories AB 49 0.03 – Feintool International Holding AG 19 0.01
7 Recipharm AB 94 0.05 2 Flughafen Zurich AG 243 0.14
18 Resurs Holding AB 102 0.06 – Forbo Holding AG 240 0.14
17 Rottneros AB 16 0.01 27 GAM Holding AG 127 0.07
7 Sagax AB 88 0.05 1 Georg Fischer AG 451 0.26
53 SAS AB 116 0.07 – Gurit Holding AG 71 0.04
8 Scandi Standard AB 45 0.03 1 Helvetia Holding AG 661 0.38
9 Scandic Hotels Group AB 69 0.04 1 Hiag Immobilien Holding AG 111 0.06
3 Sectra AB 81 0.05 – HOCHDORF Holding AG 21 0.01
3 Semcon AB 14 0.01 2 Huber & Suhner AG 138 0.08
84 Sensys Gatso Group AB 16 0.01 – Hypothekarbank Lenzburg AG 12 0.01
3 SkiStar AB 64 0.04 3 Implenia AG 121 0.07
11 Sweco AB 222 0.13 – Inficon Holding AG 126 0.07
3 Systemair AB 29 0.02 – Interroll Holding AG 161 0.09
14 Tele2 AB 150 0.09 – Intershop Holdings AG 90 0.05
16 Thule Group AB 269 0.15 1 Jungfraubahn Holding AG 63 0.04
2 Troax Group AB 46 0.03 1 Kardex AG 105 0.06
1 VBG Group AB 17 0.01 1 Komax Holding AG 143 0.08
5 Victoria Park AB 17 0.01 8 Kudelski SA 46 0.03
11 Vitrolife AB 170 0.10 1 Lastminute.com NV 13 0.01
27 Wallenstam AB 217 0.12 – LEM Holding SA 115 0.07
22 Wihlborgs Fastigheter AB 220 0.12 2 Liechtensteinische Landesbank AG 114 0.07
10,411 5.96 18 Logitech International SA 539 0.31
Switzerland - 8.39% 1 Luzerner Kantonalbank AG 222 0.13
2 Allreal Holding AG 327 0.19 – MCH Group AG 3 –
1 Alpiq Holding AG 61 0.03 – Meier Tobler Group AG 5 –
1 ALSO Holding AG 98 0.06 – Metall Zug AG 77 0.04
– ams AG 10 0.01 25 Meyer Burger Technology AG 17 0.01
– APG SGA SA 66 0.04 2 Mikron Holding AG 13 0.01
9 Arbonia AG 95 0.05 5 Mobilezone Holding AG 47 0.03
122 Aryzta AG 144 0.08 1 Mobimo Holding AG 226 0.13
5 Ascom Holding AG 70 0.04 2 Newron Pharmaceuticals SpA 15 0.01
– Autoneum Holding AG 81 0.05 34 OC Oerlikon Corp AG 355 0.20
– Bachem Holding AG 20 0.01 3 Orascom Development Holding AG 40 0.02
– Banque Cantonale de Geneve 61 0.03 – Orell Fuessli Holding AG 8 –
– Banque Cantonale Vaudoise 255 0.15 1 Orior AG 63 0.04
– Belimo Holding AG 271 0.15 2 Panalpina Welttransport Holding AG 191 0.11
– Bell Food Group AG 98 0.06 – Phoenix Mecano AG 54 0.03
1 Bellevue Group AG 22 0.01 – Plazza AG 44 0.03
1 Berner Kantonalbank AG 136 0.08 7 PSP Swiss Property AG 587 0.34
3 BKW AG 171 0.10 – Rieter Holding AG 54 0.03
1 Bobst Group SA 99 0.06 – Romande Energie Holding SA 53 0.03
1 Bossard Holding AG 135 0.08 – Schaffner Holding AG 39 0.02
1 Bucher Industries AG 259 0.15 76 Schmolz & Bickenbach AG 40 0.02
– Burckhardt Compression Holding AG 41 0.02 – Schweiter Technologies AG 150 0.09
1 Burkhalter Holding AG 47 0.03 3 SFS Group AG 225 0.13
1 Calida Holding AG 22 0.01 1 Siegfried Holding AG 208 0.12
– Carlo Gavazzi Holding AG 24 0.01 – St Galler Kantonalbank AG 168 0.10
4 Cembra Money Bank AG 328 0.19 2 Sulzer AG 193 0.11
– Cham Group AG 30 0.02 6 Sunrise Communications Group AG 447 0.26
– Cicor Technologies Ltd 10 0.01 11 Swiss Prime Site AG 822 0.47
– Cie Financiere Tradition SA 28 0.02 1 Swissquote Group Holding SA 58 0.03
1 Coltene Holding AG 38 0.02 – Tamedia AG 42 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 75
European Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) EUR Value Shares (000's) EUR Value
Common Stock (continued) Common Stock (continued)
Switzerland - 8.39% (continued) United Kingdom - 28.61% (continued)
– Tecan Group AG 26 0.01 8 Castings PLC 35 0.02
– Thurgauer Kantonalbank 10 0.01 190 Centamin PLC 224 0.13
1 u-blox Holding AG 84 0.05 26 Centaur Media PLC 13 0.01
3 Valiant Holding AG 292 0.17 6 Charles Stanley Group PLC 21 0.01
1 Valora Holding AG 135 0.07 11 Charles Taylor PLC 29 0.02
4 VAT Group AG 367 0.20 54 Chemring Group PLC 102 0.06
– Vaudoise Assurances Holding SA 75 0.04 24 Chesnara PLC 95 0.05
– Vetropack Holding AG 74 0.04 151 Cineworld Group PLC 470 0.27
11 Von Roll Holding AG 11 0.01 35 Circassia Pharmaceuticals PLC 22 0.01
4 Vontobel Holding AG 206 0.12 3 City of London Investment Group PLC 15 0.01
1 VP Bank AG 71 0.04 4 Clarkson PLC 105 0.06
– VZ Holding AG 102 0.06 6 Clipper Logistics PLC 19 0.01
1 Walliser Kantonalbank 95 0.05 25 Close Brothers Group PLC 417 0.24
– Warteck Invest AG 42 0.02 30 CLS Holdings PLC 73 0.04
1 Ypsomed Holding AG 71 0.04 17 CMC Markets PLC 21 0.01
2 Zehnder Group AG 50 0.03 375 Cobham PLC 433 0.25
– Zug Estates Holding AG 71 0.04 35 Communisis PLC 28 0.02
– Zuger Kantonalbank AG 115 0.06 11 Computacenter PLC 133 0.08
14,661 8.39 40 Connect Group PLC 16 0.01
United Kingdom - 28.61% 9 Consort Medical PLC 104 0.06
5 4imprint Group PLC 116 0.07 132 ConvaTec Group PLC 227 0.13
41 888 Holdings PLC 75 0.04 18 Costain Group PLC 74 0.04
98 AA PLC 102 0.06 52 Countryside Properties PLC 169 0.10
29 Acacia Mining PLC 62 0.04 39 Countrywide PLC 4 –
16 AG Barr PLC 146 0.08 8 Cranswick PLC 266 0.15
38 Aggreko PLC 316 0.18 43 Crest Nicholson Holdings PLC 167 0.10
29 Alizyme PLC – – 2 CVS Group PLC 18 0.01
32 Anglo Pacific Group PLC 52 0.03 183 CYBG PLC 424 0.24
4 Anglo-Eastern Plantations PLC 25 0.01 1 Daejan Holdings PLC 78 0.04
30 Arrow Global Group PLC 67 0.04 45 Daily Mail & General Trust PLC 317 0.18
2 Ascential PLC 9 0.01 26 Dairy Crest Group PLC 134 0.08
57 Ashmore Group PLC 239 0.14 5 Dart Group PLC 49 0.03
– ASOS PLC 19 0.01 17 De La Rue PLC 91 0.05
141 Auto Trader Group PLC 698 0.40 157 Debenhams PLC 12 0.01
10 Aveva Group PLC 303 0.17 32 Devro PLC 64 0.04
6 Avon Rubber PLC 84 0.05 29 DFS Furniture PLC 69 0.04
126 B&M European Value Retail SA 498 0.28 5 Dialight PLC 21 0.01
58 Babcock International Group PLC 375 0.21 8 Dignity PLC 69 0.04
113 Balfour Beatty PLC 320 0.18 19 Diploma PLC 272 0.16
6 Bank of Georgia Group PLC 94 0.05 13 DiscoverIE Group PLC 51 0.03
167 BBA Aviation PLC 448 0.26 28 Diversified Gas & Oil PLC 34 0.02
83 Beazley PLC 525 0.30 156 Dixons Carphone PLC 284 0.16
22 Bellway PLC 617 0.35 85 Domino's Pizza Group PLC 248 0.14
2 Berkeley Group Holdings PLC 71 0.04 73 Drax Group PLC 322 0.18
7 Biffa PLC 16 0.01 14 Dunelm Group PLC 85 0.05
11 Bloomsbury Publishing PLC 25 0.01 8 Dyson Group PLC – –
29 Bodycote PLC 244 0.14 82 EI Group PLC 170 0.10
24 Bovis Homes Group PLC 236 0.13 9 Eland Oil & Gas PLC 12 0.01
33 BowLeven PLC 10 0.01 69 Electrocomponents PLC 400 0.23
4 Braemar Shipping Services PLC 9 0.01 103 Elementis PLC 229 0.13
53 Brewin Dolphin Holdings PLC 193 0.11 1 EMIS Group PLC 10 0.01
41 Britvic PLC 396 0.23 277 EnQuest PLC 71 0.04
54 BTG PLC 510 0.29 58 Entertainment One Ltd 241 0.14
1 Burford Capital Ltd 17 0.01 50 Equiniti Group PLC 129 0.07
109 Cairn Energy PLC 216 0.12 45 Essentra PLC 197 0.11
66 Capita PLC 77 0.04 43 esure Group PLC 135 0.08
115 Capital & Counties Properties PLC 330 0.19 7 Euromoney Institutional Investor PLC 103 0.06
12 Carclo PLC 11 0.01 8 European Home Retail PLC – –
49 Card Factory PLC 107 0.06 49 Evraz PLC 251 0.14
7 CareTech Holdings PLC 29 0.02 18 Faroe Petroleum PLC 33 0.02
13 Carpetright PLC 3 – 12 FDM Group Holdings PLC 113 0.06
16 Carr's Group PLC 29 0.02 47 Ferrexpo PLC 93 0.05
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 76
European Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) EUR Value Shares (000's) EUR Value
Common Stock (continued) Common Stock (continued)
United Kingdom - 28.61% (continued) United Kingdom - 28.61% (continued)
8 Fevertree Drinks PLC 217 0.12 8 James Fisher & Sons PLC 165 0.09
12 Findel PLC 30 0.02 2 James Halstead PLC 10 0.01
220 Firstgroup PLC 223 0.13 19 Jardine Lloyd Thompson Group PLC 398 0.23
8 Flybe Group PLC 2 – 60 JD Sports Fashion PLC 270 0.15
23 Forterra PLC 56 0.03 13 JD Wetherspoon PLC 167 0.10
42 Foxtons Group PLC 23 0.01 32 John Laing Group PLC 118 0.07
4 Fuller Smith & Turner PLC 37 0.02 12 John Menzies PLC 68 0.04
144 G4S PLC 316 0.18 72 John Wood Group PLC 518 0.30
19 Galliford Try PLC 158 0.09 22 Johnson Service Group 30 0.02
5 Games Workshop Group PLC 168 0.10 9 JPJ Group PLC 61 0.03
21 Gem Diamonds Ltd 25 0.01 67 Jupiter Fund Management PLC 243 0.14
3 Genel Energy PLC 7 – 92 Just Group PLC 90 0.05
2 Genus PLC 66 0.04 9 Kainos Group PLC 42 0.02
6 Georgia Capital PLC 75 0.04 48 KAZ Minerals PLC 302 0.17
8 Go-Ahead Group PLC 147 0.08 94 Kcom Group PLC 63 0.04
70 Gocompare.Com Group PLC 61 0.03 12 Keller Group PLC 79 0.05
38 Grafton Group PLC 304 0.17 17 Kier Group PLC 99 0.06
67 Grainger PLC 192 0.11 30 Kin & Carta PLC 36 0.02
137 Greencore Group PLC 291 0.17 45 Lamprell PLC 33 0.02
56 Greene King PLC 345 0.20 36 Lancashire Holdings Ltd 258 0.15
15 Greggs PLC 237 0.14 – Liontrust Asset Management PLC – –
36 Gulf Keystone Petroleum Ltd 74 0.04 38 Lonmin PLC 19 0.01
24 Gulf Marine Services PLC 9 0.01 66 Lookers PLC 67 0.04
162 GVC CVR 20 0.01 49 Low & Bonar PLC 15 0.01
38 GVC Holdings PLC 319 0.18 10 LSL Property Services PLC 27 0.02
21 Gym Group PLC 66 0.04 20 Luceco PLC 9 0.01
4 H&T Group PLC 10 0.01 8 Majestic Wine PLC 25 0.01
34 Halfords Group PLC 113 0.06 259 Man Group PLC 426 0.24
35 Hastings Group Holdings PLC 75 0.04 119 Management Consulting Group PLC 2 –
217 Hays PLC 385 0.22 32 Marshalls PLC 157 0.09
14 Headlam Group PLC 66 0.04 114 Marston's PLC 131 0.07
19 Helical PLC 69 0.04 30 McBride PLC 45 0.03
17 Henry Boot PLC 51 0.03 43 McCarthy & Stone PLC 65 0.04
20 Hikma Pharmaceuticals PLC 404 0.23 9 McColl's Retail Group PLC 12 0.01
15 Hill & Smith Holdings PLC 203 0.12 17 Mears Group PLC 65 0.04
7 Hilton Food Group PLC 74 0.04 42 Mediclinic International PLC (UK listing) 167 0.10
43 Hiscox Ltd 823 0.47 122 Meggitt PLC 717 0.41
40 Hochschild Mining PLC 73 0.04 108 Merlin Entertainments PLC 408 0.23
19 Hollywood Bowl Group PLC 41 0.02 10 Metro Bank PLC 245 0.14
44 HomeServe PLC 474 0.27 21 Millennium & Copthorne Hotels PLC 110 0.06
13 Horizon Discovery Group PLC 25 0.01 40 Mitchells & Butlers PLC 125 0.07
6 Hostelworld Group PLC 14 0.01 61 Mitie Group PLC 100 0.06
94 Howden Joinery Group PLC 474 0.27 8 MJ Gleeson PLC 59 0.03
26 Hunting PLC 164 0.09 85 Moneysupermarket.com Group PLC 294 0.17
40 Huntsworth PLC 47 0.03 45 Morgan Advanced Materials PLC 138 0.08
49 Hurricane Energy PLC 24 0.01 6 Morgan Sindall Group PLC 89 0.05
71 Ibstock PLC 170 0.10 2 Mortgage Advice Bureau Holdings Ltd 12 0.01
55 IG Group Holdings PLC 366 0.21 12 Moss Bros Group PLC 4 –
12 IGas Energy PLC 13 0.01 42 Mothercare PLC 8 –
41 IMI PLC 450 0.26 4 Motorpoint group PLC 9 0.01
67 Inchcape PLC 441 0.25 26 N Brown Group PLC 35 0.02
112 Indivior PLC 129 0.07 69 National Express Group PLC 314 0.18
25 Informa PLC 194 0.11 35 Ncc Group PLC 75 0.04
69 Inmarsat PLC 317 0.18 2 Next Fifteen Communications Group PLC 9 0.01
46 Intermediate Capital Group PLC 532 0.30 16 Non-Standard Finance PLC 12 0.01
37 International Personal Finance PLC 90 0.05 4 Norcros PLC 10 0.01
22 Interserve PLC 7 – 25 Northgate PLC 107 0.06
3 iomart Group 13 0.01 6 Nostrum Oil & Gas PLC 9 0.01
101 IP Group PLC (voting rights) 133 0.08 4 Numis Corp PLC 11 0.01
19 IQE 15 0.01 50 Ocado Group PLC 467 0.27
101 ITE Group PLC 72 0.04 14 On the Beach Group PLC 68 0.04
103 IWG PLC 271 0.15 37 OneSavings Bank PLC 144 0.08
119 Ophir Energy PLC 45 0.03
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 77
European Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) EUR Value Shares (000's) EUR Value
Common Stock (continued) Common Stock (continued)
United Kingdom - 28.61% (continued) United Kingdom - 28.61% (continued)
8 Oxford Instruments PLC 89 0.05 73 Speedy Hire PLC 47 0.03
50 Pagegroup PLC 279 0.16 9 Spirax-Sarco Engineering PLC 638 0.36
128 Pan African Resources 12 0.01 45 Spire Healthcare Group PLC 63 0.04
48 Paragon Banking Group PLC 229 0.13 115 Spirent Communications PLC 168 0.10
11 PayPoint PLC 112 0.06 16 Sportech PLC 7 –
263 Pendragon PLC 72 0.04 36 Sports Direct International PLC 118 0.07
67 Pennon Group PLC 545 0.31 68 SSP Group PLC 479 0.27
156 Petra Diamonds Ltd 74 0.04 38 St Modwen Properties PLC 164 0.09
41 Petrofac Ltd 235 0.13 2 Staffline Group PLC 23 0.01
462 Petropavlovsk PLC 32 0.02 78 Stagecoach Group PLC 138 0.08
67 Pets at Home Group PLC 96 0.05 19 SThree PLC 60 0.03
91 Phoenix Group Holdings 615 0.35 52 Stobart Group Ltd 117 0.07
46 Photo-Me International PLC 56 0.03 25 Stock Spirits Group PLC 55 0.03
46 Playtech PLC 231 0.13 9 Strix Group PLC 14 0.01
2 Polar Capital Holdings PLC 14 0.01 6 STV Group PLC 24 0.01
34 Polypipe Group PLC 130 0.07 9 Superdry PLC 75 0.04
5 Premier Asset Management Group PLC 10 0.01 46 Synthomer PLC 212 0.12
117 Premier Foods PLC 47 0.03 103 TalkTalk Telecom Group PLC 147 0.08
135 Premier Oil PLC 108 0.06 10 Tarsus Group PLC 30 0.02
28 Provident Financial PLC 193 0.11 76 Tate & Lyle PLC 617 0.35
52 PZ Cussons PLC 137 0.08 5 Ted Baker PLC 103 0.06
101 QinetiQ Group PLC 338 0.19 10 Telecom Plus PLC 149 0.09
142 Quilter PLC 186 0.11 3 Telford Homes PLC 12 0.01
31 Rank Group PLC 55 0.03 6 Telit Communications PLC 10 0.01
8 Rathbone Brothers PLC 225 0.13 212 Thomas Cook Group PLC 72 0.04
51 Raven Property Group Ltd 26 0.01 34 Topps Tiles PLC 25 0.01
1 REA Holdings PLC 3 – 78 TP ICAP PLC 274 0.16
47 Reach PLC 33 0.02 42 Travis Perkins PLC 522 0.30
14 Redde PLC 26 0.01 17 Trifast PLC 39 0.02
44 Redrow PLC 231 0.13 34 TT Electronics PLC 81 0.05
4 Renew Holdings 14 0.01 228 Tullow Oil PLC 476 0.27
102 Renewi PLC 46 0.03 3 Tyman PLC 9 0.01
5 Renishaw PLC 263 0.15 26 U & I Group PLC 63 0.04
32 Renold PLC 12 0.01 29 UDG Healthcare PLC 217 0.12
33 Restaurant Group PLC 54 0.03 14 Ultra Electronics Holdings PLC 224 0.13
6 Revolution Bars Group PLC 7 – 6 Urban & Civic PLC 18 0.01
1 Rhi Magnesita NV 39 0.02 101 Vectura Group PLC 83 0.05
1 Rhi Magnesita NV (Austria listing) 47 0.03 39 Vesuvius PLC 234 0.13
10 Rhythmone PLC 20 0.01 13 Victrex PLC 365 0.21
8 Ricardo PLC 66 0.04 7 Vitec Group PLC 91 0.05
134 Rightmove PLC 662 0.38 14 Volex PLC 14 0.01
12 RM PLC 26 0.01 24 Volution Group PLC 46 0.03
11 Robert Walters PLC 62 0.04 4 Vp PLC 40 0.02
53 Rockhopper Exploration PLC 14 0.01 5 Watkin Jones PLC 11 0.01
128 Rotork PLC 380 0.22 19 Weir Group PLC 314 0.18
17 Royal Mail PLC 61 0.03 17 WH Smith PLC 368 0.21
70 RPC Group PLC 567 0.32 132 William Hill PLC 241 0.14
36 RPS Group PLC 63 0.04 10 Wilmington PLC 20 0.01
– S&U PLC 8 – 19 Wincanton PLC 53 0.03
148 Saga PLC 188 0.11 2 Wizz Air Holdings PLC 62 0.04
10 Sanne Group PLC 67 0.04 14 Xaar PLC 25 0.01
81 Savannah Petroleum PLC 24 0.01 3 XP Power Ltd 67 0.04
24 Savills PLC 194 0.11 50,032 28.61
8 Scapa Group 30 0.02 United States - 0.21%
17 SDL PLC 86 0.05 2 CME Group Inc 363 0.21
1 Secure Trust Bank PLC 22 0.01
363 0.21
73 Senior PLC 197 0.11
Total Common Stock - 94.13% (30 November 2017: 93.98%) 164,597 94.13
63 Severfield PLC 53 0.03
102 SIG PLC 124 0.07
37 Soco International PLC 30 0.02
19 Softcat PLC 127 0.07
18 Spectris PLC 490 0.28
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 78
European Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) EUR Value Shares (000's) EUR Value
Preferred Stock Real Estate Investment Trust (continued)
Germany - 0.52% Spain - 0.69%
3 Biotest AG 75 0.04 49 Inmobiliaria Colonial Socimi SA 439 0.25
1 Draegerwerk AG & Co KGaA 67 0.04 16 Lar Espana Real Estate Socimi SA 136 0.08
8 Fuchs Petrolub SE 282 0.16 57 Merlin Properties Socimi SA 630 0.36
7 Jungheinrich AG 213 0.11 1,205 0.69
– Sartorius AG 52 0.03 United Kingdom - 2.74%
3 Sixt SE 169 0.10 403 Assura PLC 243 0.14
– STO SE & Co KGaA 28 0.02 26 Big Yellow Group PLC 256 0.15
2 Villeroy & Boch AG 28 0.02 130 Capital & Regional PLC 53 0.03
914 0.52 50 Custodian Reit PLC 65 0.04
Total Preferred Stock - 0.52% (30 November 2017: 0.59%) 914 0.52 16 Derwent London PLC 526 0.30
24 Ediston Property Investment Co PLC 28 0.02
Real Estate Investment Trust 94 Empiric Student Property PLC 100 0.06
Belgium - 0.90% 41 Great Portland Estates PLC 318 0.18
3 Aedifica SA 220 0.12 117 Hammerson PLC 509 0.29
1 Ascencio 46 0.03 72 Hansteen Holdings PLC 76 0.04
4 Befimmo SA 186 0.11 134 Intu Properties PLC 172 0.10
3 Care Property Invest 63 0.04 120 LondonMetric Property PLC 238 0.14
3 Cofinimmo SA 362 0.21 13 McKay Securities PLC 37 0.02
– Home Invest Belgium 19 0.01 8 Mucklow A & J Group PLC 45 0.02
3 Intervest Offices & Warehouses NV 60 0.03 48 NewRiver REIT PLC 124 0.07
1 Leasinvest Real Estate SCA 40 0.02 129 Primary Health Properties PLC 161 0.09
1 Montea C.V.A 80 0.04 226 RDI REIT PLC 80 0.05
2 Retail Estates NV 122 0.07 65 Regional REIT Ltd 72 0.04
3 Warehouses De Pauw CVA 343 0.20 38 Safestore Holdings PLC 223 0.13
– Wereldhave Belgium NV 38 0.02 93 Schroder Real Estate Investment Trust Ltd 58 0.03
1,579 0.90 7 Secure Income REIT PLC 30 0.02
39 Shaftesbury PLC 387 0.22
France - 0.47%
62 Standard Life Investment Property Income Trust
1 Affine SA 15 0.01 Ltd 61 0.03
1 Altarea SCA 89 0.05 10 Town Centre Securities PLC 28 0.02
2 ARGAN SA 72 0.04 221 Tritax Big Box REIT PLC 338 0.19
9 Carmila SA 176 0.10 40 UNITE Group PLC 375 0.21
4 ICADE 306 0.18 20 Workspace Group PLC 189 0.11
9 Mercialys SA 117 0.07 4,792 2.74
1 Terreis 40 0.02 Total Real Estate Investment Trust - 5.69% (30 November
815 0.47 2017: 5.29%) 9,956 5.69
Germany - 0.23%
24 Alstria office REIT-AG 291 0.17 Rights
12 Hamborner REIT AG 110 0.06 Austria - 0.00%
401 0.23 6 Intercell AG – –
Ireland - 0.15% – –
76 Green REIT PLC 109 0.06 Denmark - 0.00%
83 Hibernia REIT PLC 113 0.06 2 Lan & Spar Bank – –
35 Irish Residential Properties REIT PLC 49 0.03 – –
271 0.15 Spain - 0.00%
Italy - 0.12% 36 Realia Business SA 1 –
3 Aedes SIIQ SpA 6 – 1 –
169 Beni Stabili SpA SIIQ 123 0.07 Sweden - 0.00%
4 COIMA RES SpA 26 0.02 7 Ahlstrom-Munksjo Oyj 6 –
9 Immobiliare Grande Distribuzione SIIQ SpA 53 0.03 6 –
208 0.12 United Kingdom - 0.02%
Netherlands - 0.39% 48 Restaurant Group PLC 20 0.02
8 Eurocommercial Properties NV 245 0.14
20 0.02
4 NSI NV 126 0.07
Total Rights - 0.02% (30 November 2017: 0.00%) 27 0.02
3 Vastned Retail NV 110 0.06
Total Investments - 100.36% (30 November 2017: 99.86%) 175,494 100.36
7 Wereldhave NV 204 0.12
685 0.39
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 79
European Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
% of Net
Value (000's) Asset
EUR Value
Cash and Cash Equivalents - 0.34% (30 November 2017: 0.38%) 601 0.34
Other Liabilities in Excess of Other Assets - (0.70)% (30 November 2017: (0.24)%) (1,224) (0.70)
Total Net Assets 174,871 100.00
Amounts designated as “-“ are either €0, less than €500 or less than 500 shares.
Analysis of Total Assets (unaudited) % of Total Assets
Transferable securities admitted to an official exchange listing 97.12
Current Assets 2.88
Total Assets 100.00
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 80
European Value Fund
Portfolio of Investments as at 30 November 2018
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) EUR Value Shares (000's) EUR Value
Common Stock Common Stock (continued)
Austria - 0.19% Germany - 10.83% (continued)
7 Raiffeisen Bank International AG 187 0.19 58 Daimler AG 2,924 2.89
187 0.19 63 Deutsche Bank AG 508 0.50
Belgium - 1.59% 23 Deutsche Lufthansa AG 501 0.49
6 Ageas 236 0.23 20 Deutsche Telekom AG 309 0.30
4 KBC Group NV 240 0.24 8 Evonik Industries AG 184 0.18
6 Solvay SA 582 0.58 2 Fraport AG Frankfurt Airport Services Worldwide 171 0.17
7 UCB SA 549 0.54 2 Hapag-Lloyd AG 47 0.05
15 HeidelbergCement AG 865 0.85
1,607 1.59
7 Innogy SE 249 0.25
Denmark - 2.39%
14 METRO AG 186 0.18
– AP Moller - Maersk AS, Class A 90 0.09 1 Muenchener Rueckversicherungs-Gesellschaft
– AP Moller - Maersk AS, Class B 129 0.13 AGin Muenchen 275 0.27
5 Carlsberg AS 484 0.48 34 RWE AG 645 0.64
10 Danske Bank AS 182 0.18 3 Talanx AG 90 0.09
4 DSV AS 253 0.25 47 Telefonica Deutschland Holding AG 168 0.17
3 H Lundbeck AS 126 0.12 10 Uniper SE 238 0.23
9 ISS AS 253 0.25 2 Volkswagen AG 270 0.27
1 Jyske Bank AS 22 0.02 10,974 10.83
– Rockwool International AS, Class A 30 0.03 Ireland - 0.62%
– Rockwool International AS, Class B 94 0.09 5 AIB Group PLC 18 0.02
12 Vestas Wind Systems AS 761 0.75 32 Bank of Ireland Group PLC 178 0.17
2,424 2.39 13 CRH PLC 317 0.31
Finland - 1.40% 1 Paddy Power Betfair PLC 117 0.12
23 Fortum Oyj 420 0.42 630 0.62
52 Nokia Oyj 254 0.25 Italy - 2.78%
8 Stora Enso Oyj 93 0.09 8 Eni SpA 113 0.11
28 UPM-Kymmene Oyj 650 0.64 35 Fiat Chrysler Automobiles NV 514 0.51
1,417 1.40 65 Intesa Sanpaolo SpA 133 0.13
France - 18.36% 1,646 Telecom Italia SpA 948 0.94
3 Arkema SA 271 0.27 97 UniCredit SpA 1,104 1.09
35 AXA SA 744 0.73 2,812 2.78
39 BNP Paribas SA 1,735 1.71 Netherlands - 6.57%
39 Bollore SA 150 0.15 15 ABN AMRO Group NV 334 0.33
12 Bouygues SA 417 0.41 107 Aegon NV 528 0.52
49 Carrefour SA 778 0.77 42 ArcelorMittal 839 0.83
3 Casino Guichard Perrachon SA 104 0.10 1 Gemalto NV 44 0.04
21 Cie de Saint-Gobain 697 0.69 79 ING Groep NV 850 0.84
12 Cie Generale des Etablissements Michelin SCA 1,068 1.05 107 Koninklijke Ahold Delhaize NV 2,424 2.39
14 CNP Assurances 283 0.28 12 Koninklijke DSM NV 921 0.91
17 Credit Agricole SA 184 0.18 3 Koninklijke Vopak NV 108 0.11
31 Electricite de France SA 457 0.45 11 NN Group NV 427 0.42
50 Engie SA 623 0.61 4 Randstad NV 183 0.18
23 Natixis SA 114 0.11 6,658 6.57
104 Orange SA 1,580 1.56
Norway - 1.40%
55 Peugeot SA 1,064 1.05
9 Austevoll Seafood ASA 107 0.10
18 Renault SA 1,112 1.10
17 DNB ASA 251 0.25
17 Sanofi 1,361 1.34
76 Norsk Hydro ASA 317 0.31
1 SCOR SE 56 0.06
10 SpareBank 1 SR-Bank ASA 97 0.10
3 SES SA 56 0.06
21 Storebrand ASA 145 0.14
26 Societe Generale SA 857 0.85
25 Subsea 7 SA 242 0.24
98 Total SA 4,802 4.74
7 Yara International ASA 263 0.26
4 Vivendi SA 90 0.09
1,422 1.40
18,603 18.36
Portugal - 0.07%
Germany - 10.83%
136 Banco Espirito Santo SA – –
4 BASF SE 272 0.27
9 EDP Renovaveis SA 67 0.07
13 Bayer AG 845 0.83
67 0.07
21 Bayerische Motoren Werke AG 1,507 1.49
49 Commerzbank AG 374 0.37
2 Continental AG 346 0.34
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 81
European Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) EUR Value Shares (000's) EUR Value
Common Stock (continued) Common Stock (continued)
Spain - 5.24% United Kingdom - 27.59%
51 Banco Bilbao Vizcaya Argentaria SA 258 0.25 32 3i Group PLC 301 0.30
506 Banco de Sabadell SA 573 0.57 98 Anglo American PLC 1,744 1.72
624 Banco Santander SA 2,617 2.58 176 Aviva PLC 810 0.80
123 Repsol SA 1,864 1.84 466 Barclays PLC 854 0.84
5,312 5.24 61 Barratt Developments PLC 317 0.31
Sweden - 4.46% 780 BP PLC 4,584 4.52
7 BillerudKorsnas AB 85 0.08 55 British American Tobacco PLC 1,687 1.67
16 Boliden AB 323 0.32 484 Glencore PLC 1,593 1.57
8 Dometic Group AB 53 0.05 363 HSBC Holdings PLC 2,731 2.70
16 Getinge AB 147 0.15 3 Investec PLC 17 0.02
9 Holmen AB 170 0.17 126 J Sainsbury PLC 434 0.43
5 ICA Gruppen AB 169 0.17 16 John Wood Group PLC 114 0.11
2 Intrum AB 46 0.05 129 Kingfisher PLC 363 0.36
4 Millicom International Cellular SA 186 0.18 3,192 Lloyds Banking Group PLC 1,995 1.97
103 Nordea Bank Abp 805 0.79 9 Mediclinic International PLC 38 0.04
1 Pandox AB 11 0.01 23 Melrose Industries PLC 45 0.05
73 Skandinaviska Enskilda Banken AB 673 0.66 4 Micro Focus International PLC 62 0.06
14 SKF AB 191 0.19 16 Pearson PLC 170 0.17
13 SSAB AB, Class A 41 0.04 1 Phoenix Group Holdings 10 0.01
32 SSAB AB, Class B 82 0.08 59 Royal Bank of Scotland Group PLC 146 0.14
32 Svenska Cellulosa AB SCA 232 0.23 97 Royal Dutch Shell PLC, Class A 2,585 2.55
28 Svenska Handelsbanken AB 269 0.27 72 Royal Dutch Shell PLC, Class B 1,942 1.92
19 Telefonaktiebolaget LM Ericsson 141 0.14 59 Royal Mail PLC 214 0.21
152 Telia Co AB 620 0.61 14 Shire PLC 706 0.70
18 Trelleborg AB 278 0.27 66 Standard Chartered PLC 458 0.45
4,522 4.46 52 Standard Life Aberdeen PLC 155 0.15
1,423 Vodafone Group PLC 2,716 2.68
Switzerland - 14.13%
171 Wm Morrison Supermarkets PLC 460 0.45
9 Adecco Group AG 406 0.40
71 WPP PLC 696 0.69
2 Baloise Holding AG 279 0.28
27,947 27.59
17 Cie Financiere Richemont SA 973 0.96
20 Clariant AG 349 0.35 United States - 0.70%
37 Credit Suisse Group AG 389 0.38 5 Linde PLC 712 0.70
3 Dufry AG 282 0.28 712 0.70
1 Flughafen Zurich AG 172 0.17 Total Common Stock - 98.32% (30 November 2017: 98.00%) 99,613 98.32
– Helvetia Holding AG 150 0.15
20 LafargeHolcim Ltd 784 0.77 Preferred Stock
1 Lonza Group AG 145 0.14 Germany - 2.27%
62 Novartis AG 4,968 4.90 3 Bayerische Motoren Werke AG 214 0.21
3 Swatch Group AG (Bearer) 634 0.63 5 Porsche Automobil Holding SE 283 0.28
4 Swatch Group AG (Registered) 213 0.21 12 Volkswagen AG 1,799 1.78
2 Swiss Life Holding AG 550 0.54 2,296 2.27
2 Swiss Prime Site AG 110 0.11 Total Preferred Stock - 2.27% (30 November 2017: 1.97%) 2,296 2.27
7 Swiss Re AG 596 0.59 Total Investments - 100.59% (30 November 2017: 99.97%) 101,909 100.59
1 Swisscom AG 587 0.58
114 UBS Group AG 1,370 1.35
5 Zurich Insurance Group AG 1,362 1.34
14,319 14.13
% of Net
Value (000's) Asset
EUR Value
Cash and Cash Equivalents - 0.36% (30 November 2017: 0.27%) 363 0.36
Other Liabilities in Excess of Other Assets - (0.95)% (30 November 2017: (0.24)%) (959) (0.95)
Total Net Assets 101,313 100.00
Amounts designated as “-“ are either €0, less than €500 or less than 500 shares.
Analysis of Total Assets (unaudited) % of Total Assets
Transferable securities admitted to an official exchange listing 98.62
Current Assets 1.38
Total Assets 100.00
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 82
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018
-
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock Common Stock (continued)
Australia - 2.25% Australia - 2.25% (continued)
15 3P Learning Ltd 13 – 38 Cardno Ltd 30 –
8 A2B Australia Ltd 13 – 22 carsales.com Ltd 189 0.01
35 Accent Group Ltd 33 – 57 Cash Converters International Ltd 11 –
7 Adairs Ltd 9 – 9 Cedar Woods Properties Ltd 35 –
39 Adelaide Brighton Ltd 149 0.01 16 Centuria Capital Group 15 –
50 AGL Energy Ltd 691 0.02 56 Challenger Ltd 391 0.01
8 Ainsworth Game Technology Ltd 4 – 6 Charter Hall Office – –
62 Alkane Resources Ltd 10 – 7 CIMIC Group Ltd 194 0.01
24 ALS Ltd 127 0.01 4 Citadel Group Ltd 24 –
9 Altium Ltd 144 0.01 24 City Chic Collective Ltd 20 –
192 Alumina Ltd 314 0.01 10 Class Ltd 13 –
23 AMA Group Ltd 17 – 6 Clean Seas Seafood Ltd 5 –
19 Amaysim Australia Ltd 15 – 248 Cleanaway Waste Management Ltd 309 0.01
83 Amcor Ltd 820 0.03 2 Clinuvel Pharmaceuticals Ltd 26 –
314 AMP Ltd 559 0.02 20 Clover Corp Ltd 21 –
13 Ansell Ltd 223 0.01 49 Coca-Cola Amatil Ltd 307 0.01
8 AP Eagers Ltd 41 – 4 Cochlear Ltd 512 0.02
80 APA Group 516 0.02 12 Codan Ltd 26 –
11 Appen Ltd 113 – 57 Coles Group Ltd 486 0.02
5 ARB Corp Ltd 65 – 24 Collection House Ltd 24 –
54 Ardent Leisure Group Ltd 59 – 14 Collins Foods Ltd 77 –
35 Aristocrat Leisure Ltd 607 0.02 89 Commonwealth Bank of Australia 4,670 0.16
10 ARQ Group Ltd 16 – 34 Computershare Ltd 452 0.02
44 Asaleo Care Ltd 21 – 144 Cooper Energy Ltd 43 –
8 ASX Ltd 371 0.01 6 Corporate Travel Management Ltd 107 –
72 Atlas Arteria Ltd 352 0.01 27 Costa Group Holdings Ltd 153 0.01
4 AUB Group Ltd 37 – 5 Credit Corp Group Ltd 68 –
67 Aurelia Metals Ltd 35 – 30 Crown Resorts Ltd 257 0.01
205 Aurizon Holdings Ltd 633 0.02 33 CSG Ltd 4 –
51 Ausdrill Ltd 54 – 21 CSL Ltd 2,718 0.09
192 AusNet Services 218 0.01 58 CSR Ltd 127 0.01
33 Austal Ltd 44 – 12 CuDeco Ltd 1 –
148 Australia & New Zealand Banking Group Ltd 2,929 0.10 14 Data#3 Ltd 16 –
47 Australian Agricultural Co Ltd 42 – 38 Decmil Group Ltd 20 –
13 Australian Finance Group Ltd 13 – 5 Dicker Data Ltd 10 –
63 Australian Pharmaceutical Industries Ltd 67 – 26 Domain Holdings Australia Ltd 46 –
17 Australian Vintage Ltd 7 – 6 Domino's Pizza Enterprises Ltd 201 0.01
3 Auswide Bank Ltd 13 – 76 Donaco International Ltd 5 –
32 Automotive Holdings Group Ltd 38 – 43 Doray Minerals Ltd 10 –
48 Aveo Group 60 – 72 Downer EDI Ltd 332 0.01
42 AVJennings Ltd 18 – 34 DuluxGroup Ltd 172 0.01
8 Baby Bunting Group Ltd 14 – 37 Eclipx Group Ltd 67 –
46 Bank of Queensland Ltd 336 0.01 9 Elanor Investor Group 12 –
18 Bapcor Ltd 80 – 13 Elders Ltd 66 –
223 Beach Energy Ltd 250 0.01 16 Emeco Holdings Ltd 31 –
53 Beadell Resources Ltd 2 – 14 EML Payments Ltd 16 –
13 Bega Cheese Ltd 57 – 21 Energy Resources of Australia Ltd 5 –
7 Bellamy's Australia Ltd 38 – 96 Energy World Corp Ltd 10 –
57 Bendigo & Adelaide Bank Ltd 444 0.02 3 EQT Holdings Ltd 45 –
200 BHP Billiton Ltd 4,436 0.15 20 ERM Power Ltd 24 –
32 Bingo Industries Ltd 52 – 18 Estia Health Ltd 28 –
1 Blackmores Ltd 99 – 7 Euroz Ltd 6 –
4 Blue Sky Alternative Investments Ltd 3 – 10 Event Hospitality and Entertainment Ltd 96 –
71 BlueScope Steel Ltd 586 0.02 130 Evolution Mining Ltd 299 0.01
126 Boral Ltd 471 0.02 187 FAR Ltd 9 –
106 Brambles Ltd 800 0.03 10 Fleetwood Corp Ltd 16 –
13 Bravura Solutions Ltd 35 – 32 FlexiGroup Ltd 35 –
8 Breville Group Ltd 63 – 6 Flight Centre Travel Group Ltd 204 0.01
11 Brickworks Ltd 127 0.01 190 Fortescue Metals Group Ltd 559 0.02
6 BWX Ltd 15 – 4 Freedom Foods Group Ltd 16 –
28 Caltex Australia Ltd 569 0.02 54 G8 Education Ltd 112 –
102 Capitol Health Ltd 21 – 23 Galaxy Resources Ltd 45 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 83
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Australia - 2.25% (continued) Australia - 2.25% (continued)
21 Galilee Energy Ltd 9 – 14 Money3 Corp Ltd 18 –
31 Genworth Mortgage Insurance Australia Ltd 51 – 12 Mortgage Choice Ltd 11 –
61 Gold Road Resources Ltd 28 – 4 Motorcycle Holdings Ltd 5 –
31 GrainCorp Ltd 168 0.01 84 Mount Gibson Iron Ltd 31 –
11 Greencross Ltd 43 – 131 Myer Holdings Ltd 44 –
7 GUD Holdings Ltd 63 – 46 MYOB Group Ltd 117 0.01
18 GWA Group Ltd 34 – 9 MyState Ltd 29 –
17 Hansen Technologies Ltd 44 – 144 National Australia Bank Ltd 2,606 0.09
76 Harvey Norman Holdings Ltd 175 0.01 10 Navigator Global Investments Ltd 34 –
153 Healthscope Ltd 254 0.01 20 Navitas Ltd 74 –
34 HT&E Ltd 44 – 4 NetComm Wireless Ltd 2 –
3 HUB24 Ltd 29 – 27 New Hope Corp Ltd 66 –
3 Huon Aquaculture Group Ltd 11 – 44 Newcrest Mining Ltd 670 0.02
10 IDP Education Ltd 67 – 17 NEXTDC Ltd 82 –
32 Iluka Resources Ltd 188 0.01 42 nib holdings Ltd 152 0.01
42 Imdex Ltd 36 – 7 Nick Scali Ltd 26 –
18 IMF Bentham Ltd 39 – 175 Nine Entertainment Co Holdings Ltd 226 0.01
177 Incitec Pivot Ltd 488 0.02 62 Northern Star Resources Ltd 364 0.01
67 Independence Group NL 187 0.01 50 NRW Holdings Ltd 67 –
79 Infigen Energy 27 – 23 Nufarm Ltd 104 –
25 Infomedia Ltd 21 – 22 OFX Group Ltd 29 –
27 Inghams Group Ltd 86 – 84 Oil Search Ltd 448 0.02
122 Insurance Australia Group Ltd 651 0.02 26 OM Holdings Ltd 26 –
8 Integral Diagnostics Ltd 17 – 6 OneMarket Ltd 4 –
8 Integrated Research Ltd 11 – 26 Onevue Holdings Ltd 11 –
10 InvoCare Ltd 82 – 13 oOh!media Ltd 40 –
43 IOOF Holdings Ltd 219 0.01 36 Orica Ltd 468 0.02
13 IPH Ltd 53 – 118 Origin Energy Ltd 561 0.02
12 IRESS Ltd 96 – 122 Orora Ltd 291 0.01
9 iSelect Ltd 4 – 45 OZ Minerals Ltd 283 0.01
10 iSentia Group Ltd 2 – 5 Pacific Current Group Ltd 20 –
11 IVE Group Ltd 16 – 50 Pacific Energy Ltd 22 –
30 James Hardie Industries PLC 356 0.01 19 Pact Group Holdings Ltd 48 –
28 Japara Healthcare Ltd 24 – 96 Panoramic Resources Ltd 25 –
14 JB Hi-Fi Ltd 229 0.01 63 Pantoro Ltd 9 –
4 Jumbo Interactive Ltd 24 – 44 Peet Ltd 34 –
36 Jupiter Mines Ltd 7 – 27 Pendal Group Ltd 166 0.01
38 Karoon Gas Australia Ltd 27 – 4 Perpetual Ltd 108 –
3 Kogan.com Ltd 8 – 161 Perseus Mining Ltd 41 –
41 LendLease Group 383 0.01 61 Pilbara Minerals Ltd 38 –
6 Lifestyle Communities Ltd 24 – 5 Pioneer Credit Ltd 10 –
53 Link Administration Holdings Ltd 273 0.01 20 Platinum Asset Management Ltd 80 –
5 Lovisa Holdings Ltd 28 – 53 PMP Ltd 8 –
48 Lynas Corp Ltd 74 – 41 Praemium Ltd 21 –
50 MACA Ltd 33 – 12 Premier Investments Ltd 144 0.01
113 Macmahon Holdings Ltd 20 – 72 Primary Health Care Ltd 140 0.01
18 Macquarie Group Ltd 1,502 0.05 15 Prime Media Group Ltd 2 –
11 Magellan Financial Group Ltd 220 0.01 5 Pro Medicus Ltd 34 –
192 Mayne Pharma Group Ltd 138 0.01 7 PWR Holdings Ltd 20 –
8 McMillan Shakespeare Ltd 85 – 67 Qantas Airways Ltd 294 0.01
17 McPherson's Ltd 16 – 90 QBE Insurance Group Ltd 747 0.03
256 Medibank Pvt Ltd 454 0.02 15 QMS Media Ltd 10 –
3 Medusa Mining Ltd 1 – 171 Qube Holdings Ltd 335 0.01
41 Mesoblast Ltd 40 – 41 Quintis Ltd 2 –
52 Metals X Ltd 16 – 66 Ramelius Resources Ltd 19 –
113 Metcash Ltd 230 0.01 10 Ramsay Health Care Ltd 391 0.01
17 Michael Hill International Ltd 8 – 24 RCR Tomlinson Ltd 15 –
18 Mineral Resources Ltd 201 0.01 4 REA Group Ltd 199 0.01
64 MMA Offshore Ltd 8 – 16 Reece Ltd 123 0.01
5 MNF Group Ltd 14 – 10 Regis Healthcare Ltd 19 –
3 Moelis Australia Ltd 10 – 46 Regis Resources Ltd 144 0.01
8 Monadelphous Group Ltd 87 – 4 Reject Shop Ltd 8 –
22 Monash IVF Group Ltd 15 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 84
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Australia - 2.25% (continued) Australia - 2.25% (continued)
55 Reliance Worldwide Corp Ltd 192 0.01 48 Woodside Petroleum Ltd 1,089 0.04
96 Resolute Mining Ltd 67 – 55 Woolworths Group Ltd 1,166 0.04
28 Ridley Corp Ltd 29 – 40 WorleyParsons Ltd 386 0.01
30 Rio Tinto Ltd 1,640 0.06 32 WPP AUNZ Ltd 14 –
10 Ruralco Holdings Ltd 21 – 3 Xero Ltd 99 –
21 Sandfire Resources NL 98 – 68,120 2.25
111 Santos Ltd 451 0.02 Austria - 0.17%
69 Saracen Mineral Holdings Ltd 124 0.01 1 Agrana Beteiligungs AG 26 –
5 Scottish Pacific Group Ltd 15 – 6 Andritz AG 292 0.01
7 SeaLink Travel Group Ltd 21 – 15 Atrium European Real Estate Ltd 57 –
29 Seek Ltd 394 0.01 3 Austria Technologie & Systemtechnik AG 59 –
13 Select Harvests Ltd 55 – 7 CA Immobilien Anlagen AG 232 0.01
142 Senex Energy Ltd 40 – 1 DO & CO AG 54 –
4 Servcorp Ltd 10 – 20 Erste Group Bank AG 778 0.03
33 Service Stream Ltd 43 – 5 EVN AG 72 –
11 Seven Group Holdings Ltd 128 0.01 1 FACC AG 25 –
107 Seven West Media Ltd 54 – 1 Flughafen Wien AG 38 –
6 SG Fleet Group Ltd 12 – 9 IMMOFINANZ AG 223 0.01
153 Sigma Healthcare Ltd 55 – 1 Kapsch TrafficCom AG 19 –
2 Silver Chef Ltd 2 – 1 Lenzing AG 115 0.01
109 Silver Lake Resources Ltd 38 – 1 Mayr Melnhof Karton AG 113 –
25 Sims Metal Management Ltd 196 0.01 – Oberbank AG 24 –
7 SmartGroup Corp Ltd 55 – 3 Oesterreichische Post AG 108 –
27 Sonic Healthcare Ltd 457 0.02 12 OMV AG 632 0.02
260 South32 Ltd 588 0.02 1 Palfinger AG 35 –
82 Southern Cross Media Group Ltd 65 – 2 POLYTEC Holding AG 18 –
177 Spark Infrastructure Group 305 0.01 2 Porr AG 34 –
20 SpeedCast International Ltd 49 – 18 Raiffeisen Bank International AG 544 0.02
23 SRG Global Ltd 8 – – Rosenbauer International AG 14 –
68 St Barbara Ltd 219 0.01 5 S IMMO AG 85 –
17 Stanmore Coal Ltd 12 – 1 Schoeller-Bleckmann Oilfield Equipment AG 64 –
99 Star Entertainment Grp Ltd 318 0.01 1 Semperit AG Holding 17 –
49 Steadfast Group Ltd 97 – 2 Strabag SE 76 –
60 Suncorp Group Ltd 587 0.02 15 Telekom Austria AG 111 –
1,067 Sundance Energy Australia Ltd 40 – – UBM Development AG 16 –
17 Super Retail Group Ltd 90 – 17 UNIQA Insurance Group AG 162 0.01
11 Superloop Ltd 13 – 7 Verbund AG 291 0.01
82 Sydney Airport 410 0.01 6 Vienna Insurance Group AG Wiener Versicherung
23 Syrah Resources Ltd 28 – Gruppe 147 0.01
125 Tabcorp Holdings Ltd 393 0.01 16 voestalpine AG 537 0.02
24 Tassal Group Ltd 75 – 7 Wienerberger AG 160 0.01
24 Technology One Ltd 111 – 2 Zumtobel Group AG 16 –
241 Telstra Corp Ltd 516 0.02 5,194 0.17
13 Thorn Group Ltd 5 – Belgium - 0.42%
43 TPG Telecom Ltd 228 0.01 3 Ackermans & van Haaren NV 505 0.02
134 Transurban Group 1,118 0.04 19 Ageas 922 0.03
35 Treasury Wine Estates Ltd 359 0.01 24 AGFA-Gevaert NV 105 –
93 Troy Resources Ltd 8 – 48 Anheuser-Busch InBev SA/NV 3,668 0.12
18 Villa World Ltd 26 – 1 Argenx SE 111 –
20 Village Roadshow Ltd 36 – – Atenor 15 –
169 Virgin Australia Holdings Ltd 23 – – Banque Nationale de Belgique 17 –
10 Virtus Health Ltd 36 – 1 Barco NV 113 –
9 Vita Group Ltd 8 – 4 Bekaert SA 114 0.01
84 Vocus Group Ltd 207 0.01 2 Biocartis NV 25 –
11 Webjet Ltd 96 – 7 bpost SA 91 –
8 Webster Ltd 10 – 1 Celyad SA 15 –
57 Wesfarmers Ltd 1,315 0.04 1 Cie d'Entreprises CFE 117 0.01
35 Western Areas Ltd 56 – – Cie Immobiliere de Belgique SA 22 –
17 Westgold Resources Ltd 12 – 7 Colruyt SA 424 0.02
185 Westpac Banking Corp 3,531 0.12 4 D'ieteren SA/NV 140 0.01
89 Whitehaven Coal Ltd 278 0.01 7 Deceuninck NV 17 –
7 WiseTech Global Ltd 94 – 10 Econocom Group SA/NV 36 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 85
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Belgium - 0.42% (continued) Canada - 3.34% (continued)
3 Elia System Operator SA/NV 195 0.01 3 Andrew Peller Ltd 32 –
23 Euronav NV 197 0.01 3 Aphria Inc 20 –
1 EVS Broadcast Equipment SA 28 – 52 ARC Resources Ltd 356 0.01
4 Exmar NV 28 – 21 Argonaut Gold Inc 19 –
3 Fagron 58 – 6 Aritzia Inc 85 –
2 Galapagos NV 198 0.01 2 Arrow Exploration Corp 1 –
2 Gimv NV 130 0.01 25 Asanko Gold Inc 17 –
1 Ion Beam Applications 22 – 8 Atco Ltd 257 0.01
– Jensen-Group NV 13 – 50 Athabasca Oil Corp 39 –
14 KBC Group NV 1,018 0.03 6 ATS Automation Tooling Systems Inc 73 –
2 Kinepolis Group NV 87 – 21 Aurora Cannabis Inc 120 0.01
– Lotus Bakeries 61 – 3 AutoCanada Inc 24 –
5 MDxHealth 12 – 136 B2Gold Corp 336 0.01
2 Melexis NV 107 – 4 Badger Daylighting Ltd 84 –
10 Nyrstar NV 8 – 45 Bank of Montreal 3,369 0.11
9 Ontex Group NV 196 0.01 65 Bank of Nova Scotia 3,543 0.12
4 Orange Belgium SA 76 – 142 Barrick Gold Corp 1,813 0.06
6 Oxurion NV 26 – 42 Bausch Health Cos Inc 1,014 0.03
– Picanol 17 – 66 Baytex Energy Corp 122 0.01
21 Proximus SADP 574 0.02 8 BCE Inc 350 0.01
5 Recticel SA 36 – 6 Bellatrix Exploration Ltd 5 –
– Resilux 18 – 34 Birchcliff Energy Ltd 90 –
– Roularta Media Group NV 5 – 2 Bird Construction Inc 10 –
1 Sioen Industries NV 33 – 6 Black Diamond Group Ltd 11 –
1 Sipef NV 50 – 28 BlackBerry Ltd 246 0.01
9 Solvay SA 1,010 0.03 44 BlackPearl Resources Inc 32 –
6 Telenet Group Holding NV 295 0.01 20 Bombardier Inc, Class A 35 –
– TER Beke SA 9 – 169 Bombardier Inc, Class B 282 0.01
4 Tessenderlo Group SA 119 0.01 33 Bonavista Energy Corp 31 –
12 UCB SA 980 0.03 4 Bonterra Energy Corp 19 –
14 Umicore SA 625 0.02 7 Boralex Inc 96 –
1 Van de Velde NV 13 – 36 Brookfield Asset Management Inc 1,589 0.05
1 Viohalco SA 4 – 1 Brookfield Real Estate Services Inc 12 –
12,705 0.42 4 BRP Inc 134 0.01
Canada - 3.34% 10 BSM Technologies Inc 6 –
6 5N Plus Inc 13 – 24 CAE Inc 490 0.02
5 Absolute Software Corp 34 – 15 Calfrac Well Services Ltd 31 –
1 Acadian Timber Corp 11 – 1 Calian Group Ltd 11 –
29 Advantage Oil & Gas Ltd 51 – 49 Cameco Corp 586 0.02
8 Aecon Group Inc 111 – 15 Canaccord Genuity Group Inc 75 –
24 Africa Oil Corp 21 – 19 Canacol Energy Ltd 57 –
1 Ag Growth International Inc 49 – 4 Canada Goose Holdings Inc 256 0.01
23 Canadian Imperial Bank of Commerce (Canada
11 AGF Management Ltd 40 –
listing) 1,893 0.06
17 Agnico Eagle Mines Ltd 587 0.02
3 Canadian Imperial Bank of Commerce (US listing) 237 0.01
1 AGT Food & Ingredients Inc 13 –
33 Canadian National Railway Co 2,877 0.10
18 Aimia Inc 48 –
97 Canadian Natural Resources Ltd 2,445 0.08
9 Air Canada 189 0.01
6 Canadian Pacific Railway Ltd 1,365 0.05
2 AirBoss of America Corp 14 –
5 Canadian Tire Corp Ltd 599 0.02
1 AKITA Drilling Ltd 2 –
10 Canadian Utilities Ltd 233 0.01
38 Alacer Gold Corp 60 –
1 Canadian Utilities Ltd 12 –
50 Alamos Gold Inc 162 0.01
13 Canadian Western Bank 287 0.01
5 Alaris Royalty Corp 68 –
9 Canfor Corp 127 0.01
6 Alcanna Inc 33 –
4 Canfor Pulp Products Inc 51 –
2 Algoma Central Corp 19 –
7 Canopy Growth Corp 221 0.01
51 Algonquin Power & Utilities Corp 537 0.02
8 CanWel Building Materials Group Ltd 28 –
20 Alimentation Couche-Tard Inc 1,050 0.04
11 Capital Power Corp 222 0.01
1 Alio Gold Inc – –
65 Capstone Mining Corp 31 –
25 AltaGas Ltd 275 0.01
17 Cardinal Energy Ltd 33 –
6 Altius Minerals Corp 56 –
11 Cascades Inc 100 –
4 Altus Group Ltd 76 –
10 CCL Industries Inc 402 0.01
3 Americas Silver Corp 4 –
16 Celestica Inc 162 0.01
17 Amerigo Resources Ltd 12 –
68 Cenovus Energy Inc 505 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 86
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Canada - 3.34% (continued) Canada - 3.34% (continued)
28 Centerra Gold Inc 113 – 19 First Capital Realty Inc 289 0.01
2 Cervus Equipment Corp 19 – 23 First Majestic Silver Corp 110 –
19 CES Energy Solutions Corp 46 – 36 First Mining Gold Corp 7 –
13 CGI Group Inc 805 0.03 2 First National Financial Corp 48 –
11 Chartwell Retirement Residences 124 0.01 49 First Quantum Minerals Ltd 447 0.02
1 Chesswood Group Ltd 10 – 3 FirstService Corp 227 0.01
30 China Gold International Resources Corp Ltd 41 – 45 Fission Uranium Corp 22 –
25 CI Financial Corp 386 0.01 7 Fortis Inc (Canada listing) 244 0.01
8 Cineplex Inc 149 0.01 26 Fortis Inc (US listing) 893 0.03
2 Clearwater Seafoods Inc 10 – 22 Fortuna Silver Mines Inc 70 –
2 Cogeco Communications Inc 110 – 8 Franco-Nevada Corp 546 0.02
1 Cogeco Inc 34 – 11 Freehold Royalties Ltd 69 –
3 Colliers International Group Inc 223 0.01 2 Frontera Energy Corp 24 –
8 Computer Modelling Group Ltd 38 – 2 Gamehost Inc 18 –
2 Conifex Timber Inc 4 – 1 GDI Integrated Facility Services Inc 17 –
1 Constellation Software Inc 995 0.03 10 Gear Energy Ltd 5 –
20 Continental Gold Inc 32 – 6 Genworth MI Canada Inc 186 0.01
24 Copper Mountain Mining Corp 15 – 7 George Weston Ltd 538 0.02
1 Corby Spirit and Wine Ltd 12 – 15 Gildan Activewear Inc 496 0.02
16 Corus Entertainment Inc 59 – 3 Gluskin Sheff + Associates Inc 24 –
15 Cott Corp 217 0.01 9 GMP Capital Inc 13 –
66 Crescent Point Energy Corp 196 0.01 1 goeasy Ltd 28 –
15 Crew Energy Inc 13 – 65 Goldcorp Inc 602 0.02
7 CRH Medical Corp 24 – 10 Golden Star Resources Ltd 30 –
34 Delphi Energy Corp 15 – 4 GoldMoney Inc 5 –
82 Denison Mines Corp 47 – 52 Gran Tierra Energy Inc 139 0.01
3 Descartes Systems Group Inc 85 – 2 Granite Oil Corp 1 –
24 Detour Gold Corp 178 0.01 6 Great Canadian Gaming Corp 218 0.01
70 DHX Media Ltd 186 0.01 16 Great-West Lifeco Inc 358 0.01
2 DIRTT Environmental Solutions 12 – 2 Guardian Capital Group Ltd 35 –
24 Dollarama Inc 638 0.02 23 Guyana Goldfields Inc 23 –
3 Dorel Industries Inc 42 – 5 Heroux-Devtek Inc 56 –
7 DREAM Unlimited Corp 39 – 5 High Arctic Energy Services Inc 12 –
15 Dundee Precious Metals Inc 40 – 3 High Liner Foods Inc 17 –
– E-L Financial Corp Ltd 61 – 8 Home Capital Group Inc 105 –
41 ECN Capital Corp 109 – 19 Horizon North Logistics Inc 31 –
106 Eldorado Gold Corp 61 – 32 Hudbay Minerals Inc 164 0.01
41 Element Fleet Management Corp 216 0.01 15 Hudson's Bay Co 100 –
5 Emera Inc 151 0.01 42 Husky Energy Inc 517 0.02
19 Empire Co Ltd 362 0.01 25 Hydro One Ltd 376 0.01
70 Enbridge Inc (Canada listing) 2,306 0.08 58 IAMGOLD Corp 176 0.01
26 Enbridge Inc (US listing) 835 0.03 4 IBI Group Inc 14 –
95 Encana Corp 637 0.02 6 IGM Financial Inc 143 0.01
10 Endeavour Mining Corp 121 0.01 4 Imperial Metals Corp 4 –
10 Endeavour Silver Corp 19 – 12 Imperial Oil Ltd 362 0.01
14 Enerflex Ltd 170 0.01 1 Indigo Books & Music Inc 10 –
12 Energy Fuels Inc 40 – 14 Industrial Alliance Insurance & Financial Services
Inc 511 0.02
34 Enerplus Corp 327 0.01
2 Information Services Corp 21 –
2 Enghouse Systems Ltd 83 –
10 Innergex Renewable Energy Inc 92 –
23 Ensign Energy Services Inc 86 –
6 Intact Financial Corp 494 0.02
2 Equitable Group Inc 89 –
33 Inter Pipeline Ltd 538 0.02
9 Essential Energy Services Ltd 2 –
10 Interfor Corp 108 –
3 Evertz Technologies Ltd 33 –
1 Intertain Group Ltd 8 –
1 Exchange Income Corp 24 –
5 Intertape Polymer Group Inc 58 –
4 Exco Technologies Ltd 26 –
3 Invesque Inc 18 –
3 EXFO Inc 9 –
73 Ivanhoe Mines Ltd 146 0.01
8 Extendicare Inc 40 –
3 Jamieson Wellness Inc 42 –
2 Fairfax Financial Holdings Ltd (Canada listing) 1,010 0.03
12 Just Energy Group Inc 52 –
– Fairfax Financial Holdings Ltd (US listing) 120 0.01
1 K-Bro Linen Inc 22 –
4 Fiera Capital Corp 35 –
20 Kelt Exploration Ltd 66 –
16 Finning International Inc 340 0.01
15 Keyera Corp 321 0.01
3 Firm Capital Mortgage Invest Corp 34 –
2 Kinaxis Inc 106 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 87
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Canada - 3.34% (continued) Canada - 3.34% (continued)
7 Kinder Morgan Canada Ltd 80 – 24 Peyto Exploration & Development Corp 181 0.01
173 Kinross Gold Corp 469 0.02 3 Photon Control Inc 2 –
18 Kirkland Lake Gold Ltd 369 0.01 2 PHX Energy Services Corp 5 –
16 Knight Therapeutics Inc 104 – 26 Pine Cliff Energy Ltd 6 –
1 KP Tissue Inc 6 – 3 Pizza Pizza Royalty Corp 19 –
6 Labrador Iron Ore Royalty Corp 112 – 1 Polaris Infrastructure Inc 10 –
9 Largo Resources Ltd 23 – 1 Pollard Banknote Ltd 18 –
– Lassonde Industries Inc 31 – 21 PrairieSky Royalty Ltd 287 0.01
6 Laurentian Bank of Canada 184 0.01 42 Precision Drilling Corp 96 –
9 Leagold Mining Corp 10 – 17 Premier Gold Mines Ltd 20 –
3 Leon's Furniture Ltd 36 – 3 Premium Brands Holdings Corp 164 0.01
7 Linamar Corp 248 0.01 16 Pretium Resources Inc 113 –
12 Loblaw Cos Ltd 547 0.02 10 Pulse Seismic Inc 15 –
38 Lucara Diamond Corp 55 – 13 Quarterhill Inc 14 –
3 Lundin Gold Inc 10 – 17 Quebecor Inc 363 0.01
91 Lundin Mining Corp 397 0.01 40 Questerre Energy Corp 12 –
2 Magellan Aerospace Corp 29 – 2 Recipe Unlimited Corp 35 –
29 Magna International Inc 1,454 0.05 4 Reitmans Canada Ltd 11 –
– Mainstreet Equity Corp 13 – 7 Restaurant Brands International Inc (Canada
listing) 395 0.01
12 Major Drilling Group International Inc 44 –
11 Restaurant Brands International Inc (US listing) 642 0.02
24 Mandalay Resources Corp 1 –
4 Richelieu Hardware Ltd 75 –
90 Manulife Financial Corp 1,487 0.05
8 Ritchie Bros Auctioneers Inc 295 0.01
8 Maple Leaf Foods Inc 184 0.01
2 Rocky Mountain Dealerships Inc 14 –
12 Martinrea International Inc 98 –
16 Rogers Communications Inc 837 0.03
5 Maxar Technologies Ltd (Canada listing) 87 –
13 Rogers Sugar Inc 55 –
2 Maxar Technologies Ltd (US listing) 28 –
11 Roxgold Inc 7 –
1 Mediagrif Interactive Technologies Inc 10 –
68 Royal Bank of Canada (Canada listing) 4,982 0.17
3 Medical Facilities Corp 37 –
5 Royal Bank of Canada (US listing) 334 0.01
31 MEG Energy Corp 194 0.01
8 Russel Metals Inc 147 0.01
2 Melcor Developments Ltd 14 –
26 Sabina Gold & Silver Corp 27 –
7 Methanex Corp 414 0.01
23 Sandstorm Gold Ltd 94 –
17 Metro Inc 595 0.02
14 Saputo Inc 429 0.02
1 Morguard Corp 82 –
2 Savaria Corp 21 –
4 Morneau Shepell Inc 88 –
2 Seabridge Gold Inc 26 –
10 Mountain Province Diamonds Inc 12 –
22 Secure Energy Services Inc 121 0.01
1 MTY Food Group Inc 69 –
47 SEMAFO Inc 85 –
13 Mullen Group Ltd 118 0.01
39 Seven Generations Energy Ltd 300 0.01
36 National Bank of Canada 1,637 0.06
40 Shaw Communications Inc 749 0.03
40 Nevsun Resources Ltd 180 0.01
7 ShawCor Ltd 103 –
63 New Gold Inc 49 –
47 Sherritt International Corp 17 –
6 NFI Group Inc 180 0.01
3 Shopify Inc 472 0.02
19 Nighthawk Gold Corp 5 –
1 Sienna Senior Living Inc 14 –
5 Norbord Inc 131 0.01
1 Sierra Wireless Inc (Canada listing) 8 –
3 North American Construction Group Ltd 32 –
4 Sierra Wireless Inc (US listing) 70 –
5 North West Co Inc 116 –
3 Sleep Country Canada Holdings Inc 56 –
11 Northland Power Inc 193 0.01
10 SNC-Lavalin Group Inc 362 0.01
31 Nutrien Ltd 1,598 0.05
3 Spin Master Corp 80 –
22 NuVista Energy Ltd 65 –
17 Sprott Inc 35 –
50 Obsidian Energy Ltd 25 –
17 SSR Mining Inc 180 0.01
87 OceanaGold Corp 254 0.01
12 Stantec Inc 295 0.01
7 Onex Corp 441 0.02
12 Stars Group Inc 225 0.01
20 Open Text Corp 690 0.02
4 Stella-Jones Inc 106 –
17 Osisko Gold Royalties Ltd 125 0.01
2 STEP Energy Services Ltd 5 –
21 Osisko Mining Inc 41 –
5 Storm Resources Ltd 8 –
12 Painted Pony Energy Ltd 16 –
59 Stornoway Diamond Corp 8 –
20 Pan American Silver Corp 261 0.01
4 Stuart Olson Inc 14 –
8 Paramount Resources Ltd 45 –
32 Sun Life Financial Inc 1,171 0.04
21 Parex Resources Inc 263 0.01
111 Suncor Energy Inc 3,577 0.12
14 Parkland Fuel Corp 409 0.01
19 Superior Plus Corp 149 0.01
8 Pason Systems Inc 114 –
4 Supremex Inc 6 –
28 Pembina Pipeline Corp 929 0.03
32 Surge Energy Inc 37 –
54 Pengrowth Energy Corp 28 –
36 Tahoe Resources Inc 126 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 88
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Canada - 3.34% (continued) Denmark - 0.61% (continued)
26 Tamarack Valley Energy Ltd 43 – 6 Chr Hansen Holding AS 557 0.02
21 Taseko Mines Ltd 13 – 6 Coloplast AS 579 0.02
71 Teck Resources Ltd 1,432 0.05 11 Columbus AS 21 –
3 TELUS Corp 112 – 5 D/S Norden AS 68 –
12 Teranga Gold Corp 29 – 29 Danske Bank AS 584 0.02
1 Tervita Corp 8 – 4 Dfds AS 162 0.01
9 TFI International Inc 301 0.01 12 DSV AS 937 0.03
11 Thomson Reuters Corp 576 0.02 6 FLSmidth & Co AS 294 0.01
28 Tidewater Midstream and Infrastructure Ltd 28 – 3 Genmab AS 411 0.01
4 Timbercreek Financial Corp 24 – 16 GN Store Nord AS 554 0.02
6 TMX Group Ltd 329 0.01 8 H Lundbeck AS 321 0.01
24 TORC Oil & Gas Ltd 86 – 4 H&H International AS 66 –
12 Torex Gold Resources Inc 91 – 1 IC Group AS 6 –
7 Toromont Industries Ltd 318 0.01 23 ISS AS 755 0.03
75 Toronto-Dominion Bank 4,125 0.14 – Jeudan AS 16 –
3 Torstar Corp 2 – 9 Jyske Bank AS 365 0.01
5 Total Energy Services Inc 39 – 6 Matas AS 58 –
33 Tourmaline Oil Corp 452 0.02 4 Nilfisk Holding AS 161 0.01
38 TransAlta Corp 204 0.01 3 NKT AS 47 –
13 TransAlta Renewables Inc 105 – 1 NNIT AS 32 –
33 TransCanada Corp 1,370 0.05 87 Novo Nordisk AS 4,037 0.13
10 Transcontinental Inc 149 0.01 16 Novozymes AS 738 0.02
8 TransGlobe Energy Corp 17 – 9 Orsted AS 614 0.02
77 Trevali Mining Corp 28 – 11 Pandora AS 573 0.02
37 Trican Well Service Ltd 34 – 3 Per Aarsleff Holding AS 79 –
14 Tricon Capital Group Inc 107 – 4 Ringkjoebing Landbobank AS 206 0.01
1 Trisura Group Ltd 22 – – Rockwool International AS, Class A 88 –
110 Turquoise Hill Resources Ltd 197 0.01 1 Rockwool International AS, Class B 278 0.01
5 Uni-Select Inc 84 – 6 Royal Unibrew AS 453 0.02
4 Valener Inc 56 – 1 RTX AS 26 –
17 Vermilion Energy Inc 419 0.02 2 Scandinavian Tobacco Group AS 24 –
2 VersaBank 11 – 2 Schouw & Co AS 152 0.01
3 Wajax Corp 36 – 4 SimCorp AS 227 0.01
9 Waste Connections Inc 712 0.02 1 Solar AS 29 –
10 Wesdome Gold Mines Ltd 29 – 10 Spar Nord Bank AS 82 –
7 West Fraser Timber Co Ltd 365 0.01 9 Sydbank AS 217 0.01
52 Western Forest Products Inc 77 – – Tivoli AS 17 –
1 WestJet Airlines Ltd 16 – 13 TK Development AS 11 –
4 Westport Fuel Systems Inc 9 – 6 Topdanmark AS 286 0.01
6 Westshore Terminals Investment Corp 109 – 2 TORM PLC 15 –
29 Wheaton Precious Metals Corp 450 0.02 12 Tryg AS 312 0.01
56 Whitecap Resources Inc 199 0.01 – United International Enterprises 37 –
2 Winpak Ltd 81 – 20 Vestas Wind Systems AS 1,521 0.05
8 WSP Global Inc 412 0.01 11 William Demant Holding AS 323 0.01
130 Yamana Gold Inc 271 0.01 2 Zealand Pharma AS 29 –
11 Yangarra Resources Ltd 21 – 18,368 0.61
2 ZCL Composites Inc 10 – Finland - 0.46%
101,172 3.34 1 Ahlstrom-Munksjo Oyj 17 –
China - 0.00% 6 Aktia Bank Oyj 64 –
870 GCL New Energy Holdings Ltd 32 – 4 Alma Media Oyj 26 –
32 – 11 Amer Sports Oyj 413 0.02
Denmark - 0.61% 1 Apetit Oyj 12 –
1 ALK-Abello AS 139 0.01 1 Asiakastieto Group Oyj 37 –
10 Alm Brand AS 80 – 4 Aspo Oyj 37 –
11 Ambu AS 213 0.01 1 Atria Oyj 9 –
– AP Moller - Maersk AS, Class A 216 0.01 1 BasWare Oyj 19 –
– AP Moller - Maersk AS, Class B 424 0.01 4 Bittium Oyj 34 –
4 Bang & Olufsen AS 79 – 5 Cargotec Oyj 206 0.01
1 BankNordik P/F 16 – 4 Caverion Oyj 26 –
3 Bavarian Nordic AS 60 – 35 Citycon Oyj 71 –
1 Brodrene Hartmann AS 24 – 5 Cramo Oyj 94 –
7 Carlsberg AS 749 0.03 4 Digia Oyj 13 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 89
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Finland - 0.46% (continued) France - 2.98% (continued)
14 Elisa Oyj 547 0.02 1 APRIL SA 24 –
10 F-Secure Oyj 26 – 9 Arkema SA 890 0.03
7 Finnair Oyj 65 – 1 Assystem SA 27 –
3 Fiskars Oyj Abp 59 – 9 Atos SE 804 0.03
38 Fortum Oyj 796 0.03 1 Aubay 25 –
5 HKScan Oyj 10 – 83 AXA SA 2,014 0.07
10 Huhtamaki Oyj 315 0.01 1 Axway Software SA 11 –
15 Kemira Oyj 170 0.01 – Bastide le Confort Medical 12 –
2 Kesko Oyj, Class A 120 0.01 5 Beneteau SA 73 –
6 Kesko Oyj, Class B 346 0.01 1 Bigben Interactive 14 –
20 Kone Oyj 979 0.03 4 BioMerieux 299 0.01
7 Konecranes Oyj 233 0.01 50 BNP Paribas SA 2,496 0.08
4 Lassila & Tikanoja Oyj 71 – 1 Boiron SA 59 –
1 Lehto Group Oyj 6 – 58 Bollore SA 254 0.01
20 Metsa Board Oyj 141 0.01 2 Bonduelle SCA 72 –
10 Metso Oyj 299 0.01 2 Bourbon Corp 10 –
12 Neste Oyj 937 0.03 23 Bouygues SA 880 0.03
245 Nokia Oyj 1,347 0.05 20 Bureau Veritas SA 446 0.02
12 Nokian Renkaat Oyj 389 0.01 – Burelle SA 23 –
2 Olvi Oyj 53 – 11 Capgemini SE 1,328 0.04
5 Oriola Oyj, Class A 12 – 58 Carrefour SA 1,050 0.04
11 Oriola Oyj, Class B 28 – 6 Casino Guichard Perrachon SA 255 0.01
1 Orion Oyj, Class A 38 – 1 Cegedim SA 29 –
10 Orion Oyj, Class B 338 0.01 73 CGG SA 110 –
41 Outokumpu Oyj 170 0.01 3 Chargeurs SA 52 –
12 Outotec Oyj 45 – 42 Cie de Saint-Gobain 1,567 0.05
1 Pihlajalinna Oyj 11 – 2 Cie des Alpes 46 –
1 Ponsse Oyj 41 – 19 Cie Generale des Etablissements Michelin SCA 1,993 0.07
2 Poyry Oyj 15 – 7 Cie Plastic Omnium SA 186 0.01
9 Raisio Oyj 29 – 13 CNP Assurances 306 0.01
11 Ramirent Oyj 68 – 15 Coface SA 138 0.01
1 Revenio Group Oyj 22 – 51 Credit Agricole SA 631 0.02
27 Sampo Oyj 1,201 0.04 32 Danone SA 2,361 0.08
9 Sanoma Oyj 94 – – Dassault Aviation SA 165 0.01
3 Stockmann Oyj Abp 7 – 7 Dassault Systemes SE 843 0.03
62 Stora Enso Oyj 799 0.03 8 Derichebourg SA 33 –
5 Tieto Oyj 140 0.01 1 Devoteam SA 68 –
4 Tikkurila Oyj 52 – 26 Edenred 992 0.03
6 Tokmanni Group Corp 46 – 11 Eiffage SA 1,091 0.04
55 UPM-Kymmene Oyj 1,465 0.05 51 Electricite de France SA 838 0.03
5 Uponor Oyj 51 – – Electricite de Strasbourg SA 10 –
2 Vaisala Oyj 31 – 13 Elior Group SA 189 0.01
13 Valmet Oyj 277 0.01 12 Elis SA 226 0.01
41 Wartsila Oyj Abp 674 0.02 92 Engie SA 1,294 0.04
24 YIT Oyj 145 0.01 1 Eramet 96 –
13,786 0.46 15 EssilorLuxottica SA 1,836 0.06
France - 2.98% – Esso SA Francaise 20 –
3 ABC arbitrage 25 – 5 Etablissements Maurel et Prom 20 –
11 Accor SA 482 0.02 1 Eurofins Scientific SE 407 0.01
2 Actia Group 7 – 5 Euronext NV 323 0.01
2 Aeroports de Paris 416 0.01 15 Europcar Mobility Group 151 0.01
28 Air France-KLM 321 0.01 25 Eutelsat Communications SA 527 0.02
22 Air Liquide SA 2,627 0.09 – Exel Industries 8 –
26 Airbus SE 2,743 0.09 8 Faurecia SA 328 0.01
1 Akka Technologies 55 – – Fleury Michon SA 6 –
1 AKWEL 24 – 2 Fnac Darty SA 149 0.01
3 Albioma SA 52 – 2 Gaztransport Et Technigaz SA 166 0.01
15 Alstom SA 639 0.02 29 Getlink SE 373 0.01
3 Alten SA 247 0.01 2 GL Events 33 –
20 Altran Technologies SA 202 0.01 – Groupe Crit 31 –
3 Amplitude Surgical SAS 9 – 1 Groupe Gorge 9 –
4 Amundi SA 230 0.01 – Groupe Open 11 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 90
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
France - 2.98% (continued) France - 2.98% (continued)
1 Guerbet 58 – 19 SCOR SE 920 0.03
2 Haulotte Group SA 18 – 3 SEB SA 382 0.01
2 Hermes International 815 0.03 – Seche Environnement SA 10 –
– ID Logistics Group 36 – 37 SES SA 807 0.03
3 Iliad SA 362 0.01 3 Societe BIC SA 360 0.01
4 Imerys SA 209 0.01 1 Societe des Bains de Mer et du Cercle des
Etrangers a Monaco 29 –
7 Ingenico Group SA 498 0.02
34 Societe Generale SA 1,239 0.04
1 Interparfums SA 29 –
1 Societe pour l'Informatique Industrielle 14 –
3 Ipsen SA 344 0.01
8 Sodexo SA 794 0.03
5 IPSOS 129 –
1 SOITEC 90 –
2 Jacquet Metal Service SA 28 –
61 Solocal Group 43 –
5 JCDecaux SA 183 0.01
1 Somfy SA 48 –
2 Kaufman & Broad SA 62 –
2 Sopra Steria Group 155 0.01
4 Kering SA 1,529 0.05
13 SPIE SA 192 0.01
7 Korian SA 263 0.01
1 Stallergenes Greer PLC 28 –
10 L'Oreal SA 2,329 0.08
– Stef SA 42 –
14 Lagardere SCA 391 0.01
51 STMicroelectronics NV 752 0.03
10 Latecoere SA 40 –
35 Suez 520 0.02
– Laurent-Perrier 15 –
– Sword Group 13 –
– Le Belier 9 –
1 Synergie SA 27 –
2 Lectra 55 –
4 Tarkett SA 106 –
20 Legrand SA 1,251 0.04
20 Technicolor SA 24 –
– Linedata Services 16 –
6 Teleperformance 942 0.03
2 LISI 76 –
7 Television Francaise 1 72 –
1 LNA Sante SA 37 –
– Tessi SA 17 –
13 LVMH Moet Hennessy Louis Vuitton SE 3,861 0.13
– TFF Group 10 –
3 Maisons du Monde SA 61 –
7 Thales SA 907 0.03
– Maisons France Confort SA 14 –
1 Thermador Groupe 41 –
1 Manitou BF SA 39 –
– Total Gabon 16 –
– Manutan International 11 –
133 Total SA 7,405 0.25
2 Mersen SA 52 –
1 Trigano SA 91 –
3 Metropole Television SA 48 –
7 Ubisoft Entertainment SA 556 0.02
76 Natixis SA 421 0.01
– Union Financiere de France BQE SA 10 –
5 Neopost SA 131 –
20 Valeo SA 558 0.02
3 Nexans SA 96 –
45 Vallourec SA 108 –
6 Nexity SA 278 0.01
5 Valneva SE 19 –
1 Nicox SA 7 –
37 Veolia Environnement SA 793 0.03
2 NRJ Group 13 –
– Vetoquinol SA 24 –
3 Oeneo SA 35 –
3 Vicat SA 131 –
4 OL Groupe SA 12 –
2 VIEL & Cie SA 8 –
4 Onxeo SA 4 –
1 Vilmorin & Cie SA 59 –
164 Orange SA 2,819 0.09
28 Vinci SA 2,461 0.08
4 Orpea 432 0.02
1 Virbac SA 69 –
2 Parrot SA 8 –
42 Vivendi SA 1,055 0.04
6 Pernod Ricard SA 928 0.03
– Vranken-Pommery Monopole SA 12 –
76 Peugeot SA 1,663 0.06
2 Worldline SA 126 –
– Pierre & Vacances SA 6 –
1 Plastivaloire 11 – 90,162 2.98
– PSB Industries SA 7 – Germany - 2.61%
22 Publicis Groupe SA 1,318 0.04 4 1&1 Drillisch AG 177 0.01
3 Rallye SA 33 – 4 7C Solarparken AG 11 –
2 Recylex SA 15 – 8 Aareal Bank AG 263 0.01
16 Renault SA 1,131 0.04 9 adidas AG 1,961 0.07
43 Rexel SA 518 0.02 3 ADLER Real Estate AG 53 –
– Robertet SA 42 – 3 ADO Properties SA 164 0.01
2 Rothschild & Co 86 – 5 ADVA Optical Networking SE 46 –
9 Rubis SCA 510 0.02 4 Aixtron SE 39 –
13 Safran SA 1,675 0.06 – All for One Steeb AG 14 –
44 Sanofi 3,982 0.13 1 Allgeier SE 33 –
2 Sartorius Stedim Biotech 211 0.01 19 Allianz SE 3,973 0.13
1 Savencia SA 60 – 1 Amadeus Fire AG 53 –
27 Schneider Electric SE 1,950 0.07 77 Aroundtown SA 661 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 91
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Germany - 2.61% (continued) Germany - 2.61% (continued)
– Atoss Software AG 13 – 21 Fresenius SE & Co KGaA 1,201 0.04
5 Aurubis AG 264 0.01 3 Fuchs Petrolub SE 115 –
5 Axel Springer SE 343 0.01 13 GEA Group AG 346 0.01
66 BASF SE 4,854 0.16 3 Gerresheimer AG 229 0.01
– Basler AG 19 – 4 Gerry Weber International AG 17 –
2 Bauer AG 24 – 1 Gesco AG 23 –
38 Bayer AG 2,800 0.09 2 GFT Technologies SE 17 –
26 Bayerische Motoren Werke AG 2,148 0.07 10 Grand City Properties SA 247 0.01
2 BayWa AG 49 – 2 H&R GmbH & Co KGaA 13 –
3 Bechtle AG 206 0.01 3 Hamburger Hafen und Logistik AG 70 –
4 Beiersdorf AG 421 0.01 3 Hannover Rueck SE 480 0.02
1 Bertrandt AG 53 – 5 Hapag-Lloyd AG 163 0.01
– Bijou Brigitte AG 10 – 10 HeidelbergCement AG 634 0.02
4 Bilfinger SE 139 0.01 31 Heidelberger Druckmaschinen AG 66 –
8 Borussia Dortmund GmbH & Co KGaA 73 – 5 Hella GmbH & Co KGaA 198 0.01
15 Brenntag AG 714 0.02 4 Henkel AG & Co KGaA 383 0.01
3 CANCOM SE 123 – 2 Hochtief AG 235 0.01
2 Carl Zeiss Meditec AG 118 – 7 HolidayCheck Group AG 23 –
15 Ceconomy AG 71 – 1 Hornbach Baumarkt AG 20 –
1 CENIT AG 12 – – Hornbach Holding AG & Co KGaA 21 –
1 CENTROTEC Sustainable AG 10 – 6 Hugo Boss AG 433 0.01
1 Cewe Stiftung & Co KGAA 54 – 2 Indus Holding AG 112 –
2 comdirect bank AG 25 – 83 Infineon Technologies AG 1,750 0.06
70 Commerzbank AG 605 0.02 14 Innogy SE 582 0.02
2 CompuGroup Medical SE 118 – 1 Isra Vision AG 44 –
7 Continental AG 1,060 0.04 2 IVU Traffic Technologies AG 10 –
1 Corestate Capital Holding SA 29 – 3 Jenoptik AG 88 –
15 Covestro AG 879 0.03 24 K&S AG 432 0.01
2 CropEnergies AG 8 – 7 KION Group AG 420 0.01
5 CTS Eventim AG & Co KGaA 206 0.01 10 Kloeckner & Co SE 77 –
72 Daimler AG 4,057 0.13 1 Koenig & Bauer AG 51 –
129 Deutsche Bank AG 1,182 0.04 2 Krones AG 145 0.01
2 Deutsche Beteiligungs AG 65 – – KSB SE & Co KGaA 8 –
14 Deutsche Boerse AG 1,826 0.06 – KWS Saat SE 69 –
5 Deutsche EuroShop AG 170 0.01 10 Lanxess AG 532 0.02
30 Deutsche Lufthansa AG 740 0.03 7 LEG Immobilien AG 765 0.03
19 Deutsche Pfandbriefbank AG 227 0.01 1 Leifheit AG 13 –
57 Deutsche Post AG 1,820 0.06 3 Leoni AG 109 –
247 Deutsche Telekom AG 4,343 0.14 2 LPKF Laser & Electronics AG 12 –
28 Deutsche Wohnen SE 1,323 0.04 3 MAN SE 258 0.01
17 Deutz AG 123 – – Manz AG 13 –
8 Dialog Semiconductor PLC 219 0.01 6 Merck KGaA 659 0.02
5 DIC Asset AG 50 – 22 METRO AG 336 0.01
1 Diebold Nixdorf AG 39 – 6 MLP SE 30 –
– Dr Hoenle AG 26 – 5 MTU Aero Engines AG 1,138 0.04
– Draegerwerk AG & Co KGaA 19 – 7 Muenchener Rueckversicherungs-Gesellschaft AG
in Muenchen 1,441 0.05
6 Duerr AG 214 0.01
2 Nemetschek SE 229 0.01
192 E.ON SE 1,961 0.07
1 Nexus AG 24 –
– Eckert & Ziegler AG 36 –
9 Nordex SE 86 –
1 EDAG Engineering Group AG 24 –
4 Norma Group SE 226 0.01
1 Elmos Semiconductor AG 27 –
1 OHB SE 34 –
3 ElringKlinger AG 29 –
7 OSRAM Licht AG 300 0.01
– Energiekontor AG 6 –
– Paragon GmbH & Co KGaA 8 –
1 Euromicron AG 4 –
7 Patrizia Immobilien AG 131 –
17 Evonik Industries AG 463 0.02
1 Pfeiffer Vacuum Technology AG 99 –
– Ferratum Oyj 5 –
11 PNE AG 30 –
2 Fielmann AG 154 0.01
– Progress-Werk Oberkirch AG 9 –
1 First Sensor AG 23 –
20 ProSiebenSat.1 Media SE 415 0.01
3 Francotyp-Postalia Holding AG 12 –
1 PSI Software AG 14 –
5 Fraport AG Frankfurt Airport Services Worldwide 358 0.01
1 Puma SE 251 0.01
16 Freenet AG 329 0.01
13 Qiagen NV 457 0.02
13 Fresenius Medical Care AG & Co KGaA 1,085 0.04
8 QSC AG 13 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 92
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Germany - 2.61% (continued) Hong Kong - 1.06% (continued)
– Rational AG 154 0.01 36 APT Satellite Holdings Ltd 14 –
5 Rheinmetall AG 493 0.02 44 Asia Financial Holdings Ltd 26 –
3 Rhoen Klinikum AG 85 – 12 Asia Satellite Telecommunications Holdings Ltd 8 –
3 RIB Software SE 39 – 99 Asia Standard International Group Ltd 18 –
9 Rocket Internet SE 243 0.01 29 Asiasec Properties Ltd 13 –
4 RTL Group SA 243 0.01 36 ASM Pacific Technology Ltd 366 0.01
60 RWE AG 1,294 0.04 2 Associated International Hotels Ltd 6 –
4 S&T AG 89 – 375 Auto Italia Holdings 3 –
4 SAF-Holland SA 65 – 74 Bank of East Asia Ltd 250 0.01
5 Salzgitter AG 172 0.01 29 BOC Aviation Ltd 227 0.01
25 SAP SE 2,577 0.09 162 BOC Hong Kong Holdings Ltd 634 0.02
1 Schaltbau Holding AG 19 – 11 BOE Varitronix Ltd 3 –
1 Scout24 AG 60 – 760 Boill Healthcare Holdings Ltd 8 –
– Secunet Security Networks AG 13 – 40 Bonjour Holdings Ltd 1 –
2 Senvion SA 6 – 80 Bright Smart Securities & Commodities Group Ltd 16 –
4 SGL Carbon SE 38 – 242 Brightoil Petroleum Holdings Ltd 46 –
1 SHW AG 15 – 440 Burwill Holdings Ltd 9 –
36 Siemens AG 4,242 0.14 38 Cafe de Coral Holdings Ltd 94 –
2 Siltronic AG 171 0.01 32 Camsing International Holding Ltd 31 –
2 Sixt Leasing SE 35 – 75 Cathay Pacific Airways Ltd 108 0.01
1 Sixt SE 137 0.01 7,680 CCT Land Holdings Ltd 10 –
1 SMA Solar Technology AG 25 – 184 Century City International Holdings Ltd 17 –
4 Software AG 166 0.01 205 CGN Mining Co Ltd 7 –
2 Stabilus SA 154 0.01 11 Chevalier International Holdings Ltd 16 –
– STRATEC Biomedical AG 12 – 328 China Energy Development Holdings Ltd 4 –
3 Stroeer SE & Co KGaA 147 0.01 42 China Flavors & Fragrances Co Ltd 15 –
8 Suedzucker AG 117 – 452 China Goldjoy Group Ltd 19 –
2 Suess MicroTec SE 23 – 90 China LNG Group Ltd 15 –
1 Surteco Group SE 23 – 2 China Motor Bus Co Ltd 29 –
9 Symrise AG 735 0.03 288 China Shandong Hi-Speed Financial Group Ltd 9 –
14 TAG Immobilien AG 332 0.01 26 China Soft Power Technology Holdings Ltd – –
4 Takkt AG 62 – 280 China Star Entertainment Ltd 31 –
6 Talanx AG 228 0.01 2,415 China Strategic Holdings Ltd 18 –
1 Technotrans SE 26 – 64 Chinese Estates Holdings Ltd 73 –
4 Tele Columbus AG 18 – 19 Chong Hing Bank Ltd 33 –
60 Telefonica Deutschland Holding AG 244 0.01 36 Chow Sang Sang Holdings International Ltd 56 –
34 thyssenkrupp AG 647 0.02 80 Chow Tai Fook Jewellery Group Ltd 68 –
10 TLG Immobilien AG 268 0.01 260 Chuang's China Investments Ltd 17 –
4 Tom Tailor Holding SE 13 – 96 Chuang's Consortium International Ltd 20 –
1 Traffic Systems SE 9 – 200 CITIC Telecom International Holdings Ltd 68 –
19 Uniper SE 479 0.02 111 CK Asset Holdings Ltd 799 0.03
11 United Internet AG 500 0.02 117 CK Hutchison Holdings Ltd 1,229 0.04
2 VERBIO Vereinigte BioEnergie AG 18 – 37 CK Infrastructure Holdings Ltd 278 0.01
3 Volkswagen AG 459 0.02 414 CK Life Sciences Int'l Holdings Inc 19 –
39 Vonovia SE 1,887 0.06 101 CLP Holdings Ltd 1,115 0.04
1 Vossloh AG 54 – 240 CMMB Vision Holdings Ltd 3 –
1 VTG AG 85 – 55 CNQC International Holdings Ltd 14 –
2 Wacker Chemie AG 187 0.01 258 Common Splendor International Health Industry
Group Ltd 22 –
3 Wacker Neuson SE 62 –
22 Convenience Retail Asia Ltd 10 –
1 Washtec AG 100 –
552 Convoy Global Holdings Ltd 2 –
7 Wirecard AG 1,102 0.04
80 Cosmopolitan International Holdings Ltd 15 –
3 Wuestenrot & Wuerttembergische AG 52 –
34 Cowell e Holdings Inc 4 –
– XING SE 74 –
35 Cross-Harbour Holdings Ltd 54 –
5 Zalando SE 165 0.01
570 CSI Properties Ltd 23 –
1 Zeal Network SE 24 –
2,424 CST Group Ltd 7 –
78,896 2.61
58 Dah Sing Banking Group Ltd 111 0.01
Hong Kong - 1.06%
19 Dah Sing Financial Holdings Ltd 105 –
20 Aeon Credit Service Asia Co Ltd 18 –
1,070 Digital Domain Holdings Ltd 15 –
460 Agritrade Resources Ltd 91 –
28 Eagle Nice International Holdings Ltd 11 –
618 AIA Group Ltd 5,074 0.17
62 EcoGreen International Group Ltd 12 –
162 Allied Properties HK Ltd 35 –
420 Emperor Capital Group Ltd 21 –
150 Applied Development Holdings Ltd 11 –
75 Emperor Entertainment Hotel Ltd 14 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 93
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Hong Kong - 1.06% (continued) Hong Kong - 1.06% (continued)
160 Emperor International Holdings Ltd 40 – 70 Kerry Logistics Network Ltd 113 0.01
360 Emperor Watch & Jewellery Ltd 12 – 77 Kerry Properties Ltd 267 0.01
1,100 Enerchina Holdings Ltd 57 – 44 Kingmaker Footwear Holdings Ltd 9 –
136 ENM Holdings Ltd 13 – 426 Kingston Financial Group Ltd 102 –
242 Esprit Holdings Ltd 57 – 53 Kowloon Development Co Ltd 57 –
8 Fairwood Holdings Ltd 28 – 36 Kwoon Chung Bus Holdings Ltd 23 –
187 Far East Consortium International Ltd 89 – 50 L'Occitane International SA 95 –
396 FIH Mobile Ltd 48 – 26 Lai Sun Development Co Ltd 44 –
306 First Pacific Co Ltd 118 0.01 30 Lai Sun Garment International Ltd 46 –
104 First Shanghai Investments Ltd 6 – 163 Landing International Development Ltd 64 –
158 Fountain SET Holdings Ltd 22 – 124 Landsea Green Group Co Ltd 13 –
78 Freeman Fintech Corp Ltd 4 – 26 Langham Hospitality Investments and Langham
Hospitality Investments Ltd 10 –
7 Future World Financial Holdings Ltd – –
638 Li & Fung Ltd 131 0.01
2,249 G-Resources Group Ltd 15 –
66 Lifestyle International Holdings Ltd 106 0.01
111 Galaxy Entertainment Group Ltd 687 0.02
410 Lippo China Resources Ltd 9 –
838 Get Nice Holdings Ltd 28 –
26 Liu Chong Hing Investment Ltd 39 –
162 Giordano International Ltd 75 –
36 Luk Fook Holdings International Ltd 105 0.01
632 Global Brands Group Holding Ltd 30 –
42 Lung Kee Bermuda Holdings 19 –
124 Glorious Sun Enterprises Ltd 14 –
197 Macau Legend Development Ltd 35 –
60 Gold-Finance Holdings Ltd 13 –
203 Man Wah Holdings Ltd 88 –
96 Goodbaby International Holdings Ltd 34 –
3,291 Mason Group Holdings Ltd 60 –
29 Great Eagle Holdings Ltd 120 0.01
619 Master Glory Group Ltd 2 –
10 Guoco Group Ltd 130 0.01
66 Maxnerva Technology Services Ltd 6 –
318 Guotai Junan International Holdings Ltd 56 –
97 Melco International Development Ltd 196 0.01
343 Haitong International Securities Group Ltd 120 0.01
72 MGM China Holdings Ltd 123 0.01
105 Hang Lung Group Ltd 292 0.01
35 Microport Scientific Corp 39 –
120 Hang Lung Properties Ltd 244 0.01
80 Midland Holdings Ltd 16 –
31 Hang Seng Bank Ltd 711 0.03
34 Miramar Hotel & Investment 64 –
14 Hanison Construction Holdings Ltd 3 –
46 Modern Dental Group Ltd 8 –
370 Hao Tian Development Group Ltd 10 –
740 Mongolian Mining Corp 16 –
3 Harbour Centre Development Ltd 6 –
63 MTR Corp Ltd 327 0.01
59 Henderson Land Development Co Ltd 306 0.01
184 HK Electric Investments & HK Electric Investments 294 NagaCorp Ltd 319 0.01
Ltd 177 0.01 56 Nameson Holdings Ltd 5 –
84 HKBN Ltd 132 0.01 40 Nanfang Communication Holdings Ltd 24 –
72 HKBridge Financial Holdings 8 – 12 NEW Concepts Holdings Ltd 4 –
113 HKR International Ltd 54 – 532 New Times Energy Corp Ltd 8 –
409 HKT Trust & HKT Ltd 592 0.02 430 New World Development Co Ltd 581 0.02
102 Hoifu Energy Group Ltd 12 – 116 NewOcean Energy Holdings Ltd 43 –
16 Hon Kwok Land Investment Co Ltd 8 – 200 Noble Century Investment Holdings Ltd 16 –
270 Hong Kong & China Gas Co Ltd 546 0.02 130 NWS Holdings Ltd 275 0.01
51 Hong Kong Exchanges & Clearing Ltd 1,508 0.05 44 OP Financial Investments Ltd 14 –
27 Hong Kong Ferry Holdings Co Ltd 28 – 135 Orange Sky Golden Harvest Entertainment
Hong Kong International Construction Investment Holdings Ltd 5 –
64 Management Group Co Ltd 20 – 122 Oriental Press Group Ltd 13 –
57 Hong Kong Television Network Ltd 18 – 82 Oriental Watch Holdings 22 –
73 Hongkong & Shanghai Hotels Ltd 113 0.01 570 Pacific Basin Shipping Ltd 128 0.01
46 Hongkong Chinese Ltd 6 – 90 Pacific Textiles Holdings Ltd 93 –
18 Honma Golf Ltd 18 – 56 Paliburg Holdings Ltd 21 –
71 Hopewell Holdings Ltd 242 0.01 48 PC Partner Group Ltd 18 –
164 Hsin Chong Group Holdings Ltd 1 – 580 PCCW Ltd 341 0.01
54 Hung Hing Printing Group Ltd 8 – 108 Pico Far East Holdings Ltd 40 –
224 Hutchison Telecommunications Hong Kong 80 Playmates Holdings Ltd 11 –
Holdings Ltd 84 –
184 Playmates Toys Ltd 17 –
63 Hysan Development Co Ltd 303 0.01
115 Polytec Asset Holdings Ltd 10 –
86 IGG Inc 105 –
102 Power Assets Holdings Ltd 692 0.02
16 Imagi International Holdings Ltd 3 –
34 Prada SpA 118 0.01
55 International Housewares Retail Co Ltd 13 –
22 Public Financial Holdings Ltd 9 –
82 IT Ltd 43 –
710 PYI Corp Ltd 11 –
29 ITC Properties Group Ltd 9 –
114 Qianhai Health Holdings Ltd 4 –
44 Jacobson Pharma Corp Ltd 9 –
24 Realord Group Holdings Ltd 15 –
44 Johnson Electric Holdings Ltd 98 –
46 Regal Hotels International Holdings Ltd 26 –
80 Karrie International Holdings Ltd 11 –
43 Regina Miracle International Holdings Ltd 33 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 94
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Hong Kong - 1.06% (continued) Hong Kong - 1.06% (continued)
94 Sa Sa International Holdings Ltd 38 – 98 Yue Yuen Industrial Holdings Ltd 287 0.01
6 Safety Godown Co Ltd 11 – 876 Yugang International Ltd 21 –
140 Samsonite International SA 423 0.02 32,214 1.06
92 Sands China Ltd 399 0.01 Ireland - 0.22%
26 SEA Holdings Ltd 34 – 48 AIB Group PLC 212 0.01
133 Shangri-La Asia Ltd 189 0.01 115 Bank of Ireland Group PLC 728 0.03
75 Shenwan Hongyuan HK Ltd 15 – 31 C&C Group PLC 106 –
158 Shun Tak Holdings Ltd 52 – 67 CRH PLC 1,833 0.06
146 Singamas Container Holdings Ltd 20 – 6 Datalex PLC 15 –
202 Sino Land Co Ltd 349 0.01 2 FBD Holdings PLC 25 –
173 SITC International Holdings Co Ltd 147 0.01 24 Glanbia PLC 434 0.02
16 Sitoy Group Holdings Ltd 5 – 19 Irish Continental Group PLC 102 –
208 SJM Holdings Ltd 189 0.01 9 Kerry Group PLC 986 0.03
54 SmarTone Telecommunications Holdings Ltd 67 – 14 Kingspan Group PLC 583 0.02
4 SOCAM Development Ltd 1 – 9 Paddy Power Betfair PLC 849 0.03
240 Solartech International Holdings Ltd 3 – 11 Permanent TSB Group Holdings PLC 21 –
14 Soundwill Holdings Ltd 20 – 23 Smurfit Kappa Group PLC 636 0.02
58 South Shore Holdings 3 –
6,530 0.22
62 Stella International Holdings Ltd 60 –
Israel - 0.23%
44 Summit Ascent Holdings Ltd 5 –
13 Adgar Investment and Development Ltd 20 –
63 Sun Hung Kai & Co Ltd 30 –
1 ADO Group Ltd 29 –
67 Sun Hung Kai Properties Ltd 963 0.03
– Afcon Holdings Ltd 14 –
17 SUNeVision Holdings Ltd 10 –
2 Africa Israel Properties Ltd 56 –
38 Swire Pacific Ltd, Class A 416 0.02
6 Airport City Ltd 77 –
69 Swire Pacific Ltd, Class B 116 0.01
3 Allot Communications Ltd 17 –
85 Swire Properties Ltd 297 0.01
1 Alrov Properties and Lodgings Ltd 31 –
50 TAI Cheung Holdings Ltd 46 –
12 Amot Investments Ltd 61 –
125 Tai United Holdings Ltd 6 –
1 Arad Ltd 16 –
54 Tao Heung Holdings Ltd 9 –
6 Ashtrom Group Ltd 28 –
105 Techtronic Industries Co Ltd 572 0.02
4 Ashtrom Properties Ltd 16 –
29 Television Broadcasts Ltd 64 –
1 AudioCodes Ltd 12 –
134 Texwinca Holdings Ltd 55 –
12 Avgol Industries Ltd 12 –
42 TK Group Holdings Ltd 25 – 10 Azorim-Investment Development & Construction Co
136 Town Health International Medical Group Ltd 12 – Ltd 9 –
104 Tradelink Electronic Commerce Ltd 15 – 2 Azrieli Group Ltd 110 0.01
26 Transport International Holdings Ltd 69 – 82 Bank Hapoalim BM 561 0.02
30 Trinity Ltd 1 – 130 Bank Leumi Le-Israel BM 856 0.03
47 TSC Group Holdings Ltd 3 – – Bayside Land Corp 41 –
118 Tsui Wah Holdings Ltd 11 – 125 Bezeq The Israeli Telecommunication Corp Ltd 144 0.01
45 Union Medical Healthcare Ltd 32 – – Big Shopping Centers Ltd 22 –
72 United Laboratories International Holdings Ltd 49 – 1 Blue Square Real Estate Ltd 22 –
112 Value Convergence Holdings Ltd 8 – – Brack Capital Properties NV 23 –
126 Value Partners Group Ltd 100 – 2 Carasso Motors Ltd 7 –
92 Vantage International Holdings Ltd 8 – 5 Cellcom Israel Ltd 39 –
321 Victory City International Holdings Ltd 4 – 4 Clal Insurance Enterprises Holdings Ltd 64 –
68 Vitasoy International Holdings Ltd 275 0.01 – Danel Adir Yeoshua Ltd 12 –
35 Vpower Group International Holdings Ltd 14 – 4 Delek Automotive Systems Ltd 22 –
84 VSTECS Holdings Ltd 43 – – Delek Group Ltd 76 –
13 VTech Holdings Ltd 119 0.01 1 Delta-Galil Industries Ltd 23 –
44 Wai Kee Holdings Ltd 23 – – Dexia Israel Bank Ltd 21 –
740 Wang On Group Ltd 9 – 2 Direct Insurance Financial Investments Ltd 26 –
919 WH Group Ltd 671 0.02 23 El Al Israel Airlines 8 –
89 Wharf Holdings Ltd 240 0.01 2 Elbit Systems Ltd 194 0.01
84 Wharf Real Estate Investment Co Ltd 509 0.02 1 Electra Consumer Products 1970 Ltd 8 –
51 Wheelock & Co Ltd 293 0.01 – Electra Ltd 32 –
5 Wing On Co International Ltd 17 – 12 Energix-Renewable Energies Ltd 15 –
14 Wing Tai Properties Ltd 10 – 21 Enlight Renewable Energy Ltd 11 –
136 Wonderful Sky Financial Group Holdings Ltd 21 – – Equital Ltd 11 –
96 Wynn Macau Ltd 219 0.01 6 First International Bank Of Israel Ltd 141 0.01
232 Xinyi Glass Holdings Ltd 251 0.01 – FMS Enterprises Migun Ltd 8 –
300 Yat Sing Holdings Ltd 10 – 1 Formula Systems 1985 Ltd 42 –
26 YT Realty Group Ltd 8 – 1 Fox Wizel Ltd 12 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 95
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Israel - 0.23% (continued) Italy - 0.89% (continued)
3 Gilat Satellite Networks Ltd 26 – 86 Assicurazioni Generali SpA 1,455 0.05
– Hadera Paper Ltd 21 – 5 Astaldi SpA 3 –
1 Ham-Let Israel-Canada Ltd 21 – 34 Atlantia SpA 690 0.02
14 Harel Insurance Investments & Financial Services 12 Autogrill SpA 116 –
Ltd 110 0.01
1 Avio SpA 15 –
1 Hilan Ltd 28 –
12 Azimut Holding SpA 150 0.01
1 IDI Insurance Co Ltd 41 –
1,555 Banca Carige SpA 4 –
– IES Holdings Ltd 13 –
7 Banca Farmafactoring SpA 36 –
10 Industrial Buildings Corp Ltd 15 –
4 Banca Generali SpA 95 –
3 Inrom Construction Industries Ltd 9 –
2 Banca IFIS SpA 47 –
53 Israel Chemicals Ltd 313 0.01
17 Banca Mediolanum SpA 104 –
70 Israel Discount Bank Ltd 242 0.01
1 Banca Monte dei Paschi di Siena SpA 2 –
– Isras Investment Co Ltd 15 –
40 Banca Popolare di Sondrio SCPA 123 0.01
1 Jerusalem Oil Exploration 77 –
9 Banca Sistema SpA 16 –
4 Kamada Ltd 19 –
191 Banco BPM SpA 448 0.02
2 Kenon Holdings Ltd 31 –
5 Banco di Desio e della Brianza SpA 11 –
– Kerur Holdings Ltd 9 –
2 BasicNet SpA 12 –
– Klil Industries Ltd 11 –
1 Biesse SpA 25 –
1 Maabarot Products Ltd 6 –
63 BPER Banca 255 0.01
1 Magic Software Enterprises Ltd 12 –
15 Brembo SpA 164 0.01
4 Matrix IT Ltd 39 –
3 Brunello Cucinelli SpA 109 –
5 Maytronics Ltd 31 –
8 Buzzi Unicem SpA 161 0.01
2 Mazor Robotics Ltd 62 –
7 Cairo Communication SpA 27 –
10 Mediterranean Towers Ltd 17 –
2 Carraro SpA 6 –
1 Mega Or Holdings Ltd 12 –
3 Cementir Holding SpA 19 –
3 Meitav Dash Investments Ltd 10 –
17 Cerved Group SpA 128 0.01
2 Melisron Ltd 70 –
47 CIR-Compagnie Industriali Riunite SpA 48 –
1 Mellanox Technologies Ltd 65 –
77 CNH Industrial NV 756 0.03
4 Menora Mivtachim Holdings Ltd 45 –
12 Credito Emiliano SpA 70 –
53 Migdal Insurance & Financial Holding Ltd 61 –
884 Credito Valtellinese SpA 82 –
1 Mivtach Shamir Holdings Ltd 14 –
35 d'Amico International Shipping SA 5 –
15 Mizrahi Tefahot Bank Ltd 265 0.01
2 Danieli & C Officine Meccaniche SpA 33 –
4 Naphtha Israel Petroleum Corp Ltd 25 –
2 Datalogic SpA 47 –
2 Nawi Brothers Ltd 13 –
32 Davide Campari-Milano SpA 267 0.01
– Neto ME Holdings Ltd 8 –
6 De' Longhi SpA 168 0.01
4 Nice Ltd 451 0.02
10 DeA Capital SpA 14 –
2 Nova Measuring Instruments Ltd 49 –
2 DiaSorin SpA 189 0.01
197 Oil Refineries Ltd 99 0.01
13 Emak SpA 20 –
10 Partner Communications Co Ltd 52 –
19 Enav SpA 91 –
1 Paz Oil Co Ltd 151 0.01
483 Enel SpA 2,630 0.09
14 Phoenix Holdings Ltd 86 –
177 Eni SpA 2,850 0.10
– Plasson Industries Ltd 10 –
6 ERG SpA 104 –
– Rami Levy Chain Stores Hashikma Marketing 2006
Ltd 23 – 4 Esprinet SpA 15 –
14 Redhill Biopharma Ltd 11 – 7 Eurotech SpA 29 –
1 Scope Metals Group Ltd 19 – 21 Falck Renewables SpA 57 –
8 Shapir Engineering and Industry Ltd 27 – 9 Ferrari NV 967 0.03
23 Shikun & Binui Ltd 44 – 128 Fiat Chrysler Automobiles NV 2,120 0.07
14 Shufersal Ltd 90 – 1 Fila SpA 16 –
2 SodaStream International Ltd 235 0.01 47 Fincantieri SpA 56 –
4 Strauss Group Ltd 96 0.01 33 FinecoBank Banca Fineco SpA 355 0.01
33 Teva Pharmaceutical Industries Ltd 705 0.03 17 FNM SpA 9 –
9 Tower Semiconductor Ltd 141 0.01 28 GEDI Gruppo Editoriale SpA 12 –
2 Union Bank of Israel 10 – 8 Geox SpA 11 –
7,004 0.23 3 Gruppo MutuiOnline SpA 57 –
67 Hera SpA 185 0.01
Italy - 0.89%
1 IMA Industria Macchine Automatiche SpA 91 –
161 A2A SpA 272 0.01
22 IMMSI SpA 10 –
5 ACEA SpA 66 –
13 Infrastrutture Wireless Italiane SpA 97 –
7 Amplifon SpA 118 0.01
29 Intek Group SpA 10 –
19 Anima Holding SpA 79 –
6 Interpump Group SpA 176 0.01
2 Aquafil SpA 18 –
658 Intesa Sanpaolo SpA 1,528 0.05
18 Arnoldo Mondadori Editore SpA 31 –
74 Iren SpA 160 0.01
8 Ascopiave SpA 28 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 96
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Italy - 0.89% (continued) Japan - 9.06% (continued)
52 Italgas SpA 280 0.01 1 Ad-sol Nissin Corp 21 –
2 Italmobiliare SpA 36 – 4 Adastria Co Ltd 70 –
1 IVS Group SA 9 – 11 ADEKA Corp 183 0.01
57 Juventus Football Club SpA 71 – 3 Advan Co Ltd 31 –
1 La Doria SpA 14 – 1 Advance Create Co Ltd 13 –
33 Leonardo SpA 328 0.01 12 Advantest Corp 264 0.01
14 Maire Tecnimont SpA 57 – 1 Adventure Inc 58 –
3 MARR SpA 58 – 45 Aeon Co Ltd 1,078 0.04
2 Massimo Zanetti Beverage Group SpA 12 – 2 Aeon Delight Co Ltd 63 –
56 Mediaset SpA 176 0.01 1 Aeon Fantasy Co Ltd 25 –
69 Mediobanca Banca di Credito Finanziario SpA 609 0.02 11 AEON Financial Service Co Ltd 211 0.01
17 Moncler SpA 553 0.02 2 Aeon Hokkaido Corp 11 –
3 Mondo TV SpA 6 – 10 Aeon Mall Co Ltd 187 0.01
1 Openjobmetis Spa agenzia per il lavoro 9 – 1 Aeria Inc 7 –
8 OVS SpA 15 – 3 Ahresty Corp 19 –
22 Parmalat SpA 70 – 3 Ai Holdings Corp 66 –
23 Piaggio & C SpA 46 – 3 Aica Kogyo Co Ltd 115 0.01
53 Poste Italiane SpA 405 0.01 1 Aichi Bank Ltd 39 –
1 Prima Industrie SpA 15 – 4 Aichi Corp 25 –
7 RAI Way SpA 34 – 1 Aichi Steel Corp 49 –
7 Recordati SpA 238 0.01 1 Aichi Tokei Denki Co Ltd 18 –
30 Reno de Medici SpA 23 – 7 Aida Engineering Ltd 60 –
2 Reply SpA 96 – 27 Aiful Corp 73 –
12 Retelit SpA 21 – 3 Ain Holdings Inc 208 0.01
16 Rizzoli Corriere Della Sera Mediagroup SpA 21 – 1 Aiphone Co Ltd 20 –
1 Sabaf SpA 11 – 18 Air Water Inc 300 0.01
1 SAES Getters SpA 18 – 2 Airport Facilities Co Ltd 13 –
3 Safilo Group SpA 5 – 3 Aisan Industry Co Ltd 26 –
77 Saipem SpA 337 0.01 12 Aisin Seiki Co Ltd 488 0.02
22 Salini Impregilo SpA 45 – 1 Ait Corp 9 –
4 Salvatore Ferragamo SpA 83 – 4 Aizawa Securities Co Ltd 30 –
54 Saras SpA 104 – 48 Ajinomoto Co Inc 826 0.03
2 Servizi Italia SpA 8 – 1 Ajis Co Ltd 33 –
1 Sesa SpA 22 – 4 Akatsuki Corp 10 –
140 Snam SpA 615 0.02 – Akatsuki Inc 20 –
20 Societa Cattolica di Assicurazioni SC 166 0.01 9 Akebono Brake Industry Co Ltd 18 –
7 Societa Iniziative Autostradali e Servizi SpA 95 – 2 Akita Bank Ltd 39 –
3 Sogefi SpA 5 – 1 Albis Co Ltd 13 –
3 SOL SpA 30 – 3 Alconix Corp 39 –
8 Tamburi Investment Partners SpA 49 – 10 Alfresa Holdings Corp 261 0.01
9 Technogym SpA 106 – 2 Alinco Inc 23 –
1,253 Telecom Italia SpA 816 0.03 2 Alpen Co Ltd 39 –
22 Tenaris SA 268 0.01 1 Alpha Corp 15 –
132 Terna Rete Elettrica Nazionale SpA 742 0.03 1 Alpha Systems Inc 14 –
2 Tinexta Spa 13 – 4 Alpine Electronics Inc 65 –
501 Tiscali SpA 10 – 22 Alps Electric Co Ltd 507 0.02
1 Tod's SpA 36 – 2 Alps Logistics Co Ltd 15 –
83 UniCredit SpA 1,075 0.04 1 Altech Corp 19 –
2 Unieuro SpA 21 – 34 Amada Holdings Co Ltd 374 0.01
135 Unione di Banche Italiane SpA 435 0.02 6 Amano Corp 123 0.01
58 Unipol Gruppo SpA 241 0.01 – Amiyaki Tei Co Ltd 14 –
121 UnipolSai Assicurazioni SpA 282 0.01 1 Amuse Inc 29 –
4 Zignago Vetro SpA 33 – 7 ANA Holdings Inc 268 0.01
27,041 0.89 3 Anest Iwata Corp 30 –
Japan - 9.06% 1 Anicom Holdings Inc 23 –
8 77 Bank Ltd 167 0.01 6 Anritsu Corp 96 –
3 A&D Co Ltd 26 – 1 AOI Electronics Co Ltd 14 –
2 ABC-Mart Inc 135 0.01 2 AOI TYO Holdings Inc 20 –
– Abist Co Ltd 12 – 6 AOKI Holdings Inc 72 –
3 Access Co Ltd 26 – 2 Aomori Bank Ltd 63 –
2 Achilles Corp 46 – 6 Aoyama Trading Co Ltd 148 0.01
28 Acom Co Ltd 104 0.01 1 Aoyama Zaisan Networks Co Ltd 11 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 97
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 9.06% (continued) Japan - 9.06% (continued)
7 Aozora Bank Ltd 240 0.01 6 Benesse Holdings Inc 166 0.01
3 Apaman Co Ltd 26 – 1 Bengo4.com Inc 35 –
2 Arakawa Chemical Industries Ltd 29 – 6 Bic Camera Inc 86 –
1 Arata Corp 52 – 1 Biofermin Pharmaceutical Co Ltd 19 –
1 Araya Industrial Co Ltd 13 – 3 BML Inc 69 –
3 Arcland Sakamoto Co Ltd 44 – 1 Bourbon Corp 12 –
2 Arcland Service Holdings Co Ltd 44 – 1 BP Castrol KK 19 –
4 Arcs Co Ltd 110 0.01 4 Br Holdings Corp 13 –
38 Ardepro Co Ltd 20 – – BrainPad Inc 26 –
1 Arealink Co Ltd 8 – 41 Bridgestone Corp 1,663 0.06
– Argo Graphics Inc 16 – 7 Broadleaf Co Ltd 38 –
1 Ariake Japan Co Ltd 96 – 1 BRONCO BILLY Co Ltd 29 –
5 Arisawa Manufacturing Co Ltd 33 – 26 Brother Industries Ltd 433 0.02
2 Artnature Inc 14 – 1 Bull-Dog Sauce Co Ltd 17 –
1 As One Corp 59 – 7 Bunka Shutter Co Ltd 46 –
2 Asahi Broadcasting Group Holdings Corp 12 – – C Uyemura & Co Ltd 26 –
1 Asahi Co Ltd 14 – 2 CAC Holdings Corp 21 –
7 Asahi Diamond Industrial Co Ltd 43 – 6 Calbee Inc 193 0.01
21 Asahi Glass Co Ltd 707 0.03 2 Can Do Co Ltd 22 –
19 Asahi Group Holdings Ltd 790 0.03 2 Canon Electronics Inc 45 –
5 Asahi Holdings Inc 100 – 49 Canon Inc 1,391 0.05
7 Asahi Intecc Co Ltd 338 0.01 6 Canon Marketing Japan Inc 110 0.01
80 Asahi Kasei Corp 878 0.03 7 Capcom Co Ltd 146 0.01
– Asahi Kogyosha Co Ltd 12 – 1 Career Design Center Co Ltd 13 –
1 Asahi Printing Co Ltd 12 – 2 CareerIndex Inc 28 –
1 Asahi Yukizai Corp 23 – 2 Carlit Holdings Co Ltd 20 –
1 Asanuma Corp 25 – 16 Casio Computer Co Ltd 231 0.01
– Ashimori Industry Co Ltd 6 – 2 Cawachi Ltd 47 –
2 Asia Pile Holdings Corp 15 – 2 Central Automotive Products Ltd 20 –
16 Asics Corp 231 0.01 5 Central Glass Co Ltd 114 0.01
2 ASKA Pharmaceutical Co Ltd 22 – 7 Central Japan Railway Co 1,462 0.05
1 ASKUL Corp 21 – – Central Security Patrols Co Ltd 22 –
93 Astellas Pharma Inc 1,427 0.05 1 Central Sports Co Ltd 27 –
1 Asti Corp 12 – 42 Chiba Bank Ltd 276 0.01
1 Asukanet Co Ltd 15 – 6 Chiba Kogyo Bank Ltd 23 –
2 Asunaro Aoki Construction Co Ltd 16 – 1 Chikaranomoto Holdings Co Ltd 4 –
1 Ateam Inc 13 – 2 Chilled & Frozen Logistics Holdings Co Ltd 23 –
9 Atom Corp 84 – 1 CHIMNEY Co Ltd 22 –
– Atrae Inc 6 – – Chino Corp 5 –
3 Atsugi Co Ltd 29 – 1 Chiyoda Co Ltd 22 –
7 Autobacs Seven Co Ltd 101 0.01 16 Chiyoda Corp 47 –
5 Avex Inc 68 – 1 Chiyoda Integre Co Ltd 24 –
5 Awa Bank Ltd 151 0.01 2 Chofu Seisakusho Co Ltd 44 –
2 Axial Retailing Inc 60 – 2 Chori Co Ltd 33 –
8 Azbil Corp 169 0.01 44 Chubu Electric Power Co Inc 668 0.02
14 Bandai Namco Holdings Inc 602 0.02 3 Chubu Shiryo Co Ltd 41 –
5 Bando Chemical Industries Ltd 59 – 4 Chudenko Corp 89 –
2 Bank of Iwate Ltd 69 – 1 Chuetsu Pulp & Paper Co Ltd 18 –
1 Bank of Kochi Ltd 10 – 6 Chugai Pharmaceutical Co Ltd 425 0.02
6 Bank of Kyoto Ltd 308 0.01 1 Chugai Ro Co Ltd 20 –
2 Bank of Nagoya Ltd 58 – 16 Chugoku Bank Ltd 150 0.01
3 Bank of Okinawa Ltd 100 – 25 Chugoku Electric Power Co Inc 320 0.01
2 Bank of Saga Ltd 33 – 8 Chugoku Marine Paints Ltd 70 –
7 Bank of the Ryukyus Ltd 77 – 1 Chukyo Bank Ltd 29 –
1 Bank of Toyama Ltd 20 – 4 CI Takiron Corp 23 –
1 Baroque Japan Ltd 12 – 3 Ci:z Holdings Co Ltd 134 0.01
2 Baycurrent Consulting Inc 45 – 39 Citizen Watch Co Ltd 208 0.01
1 Beenos Inc 14 – 1 CK San-Etsu Co Ltd 15 –
1 Belc Co Ltd 59 – 6 CKD Corp 62 –
3 Bell System24 Holdings Inc 36 – 2 Clarion Co Ltd 44 –
5 Belluna Co Ltd 52 – 3 Cleanup Corp 18 –
3 Benefit One Inc 76 – 1 CMC Corp 8 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 98
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 9.06% (continued) Japan - 9.06% (continued)
2 CMIC Holdings Co Ltd 44 – 8 Daio Paper Corp 93 –
6 CMK Corp 46 – 2 Daiseki Co Ltd 56 –
10 Coca-Cola Bottlers Japan Holdings Inc 279 0.01 4 Daishi Hokuetsu Financial Group Inc 140 0.01
1 Coco's Japan Co Ltd 24 – 1 Daishinku Corp 9 –
2 cocokara fine Inc 97 – 2 Daisue Construction Co Ltd 23 –
7 COLOPL Inc 55 – 1 Daito Pharmaceutical Co Ltd 42 –
5 Colowide Co Ltd 107 0.01 5 Daito Trust Construction Co Ltd 680 0.02
3 Computer Engineering & Consulting Ltd 56 – 1 Daitron Co Ltd 15 –
11 COMSYS Holdings Corp 275 0.01 44 Daiwa House Industry Co Ltd 1,387 0.05
1 Comture Corp 21 – 3 Daiwa Industries Ltd 41 –
75 Concordia Financial Group Ltd 355 0.01 107 Daiwa Securities Group Inc 591 0.02
2 CONEXIO Corp 26 – 2 Daiwabo Holdings Co Ltd 95 –
2 COOKPAD Inc 7 – 1 Daiyu Lic Holdings Co Ltd 11 –
1 Corona Corp 13 – 13 DCM Holdings Co Ltd 129 0.01
3 Cosel Co Ltd 32 – – DD Holdings Co Ltd 7 –
8 Cosmo Energy Holdings Co Ltd 185 0.01 5 Dear Life Co Ltd 22 –
3 Cosmos Initia Co Ltd 20 – 11 DeNA Co Ltd 212 0.01
1 Cosmos Pharmaceutical Corp 162 0.01 10 Denka Co Ltd 339 0.01
1 Cota Co Ltd 11 – 1 Denki Kogyo Co Ltd 26 –
2 CRE Inc 18 – 1 Densan System Co Ltd 14 –
– Create Medic Co Ltd 3 – 21 Denso Corp 978 0.03
4 Create Restaurants Holdings Inc 42 – 14 Dentsu Inc 606 0.02
2 Create SD Holdings Co Ltd 49 – 2 Denyo Co Ltd 25 –
18 Credit Saison Co Ltd 235 0.01 3 Descente Ltd 59 –
2 Creek & River Co Ltd 19 – 7 Dexerials Corp 59 –
1 Cresco Ltd 20 – 10 DIC Corp 322 0.01
2 CTI Engineering Co Ltd 21 – 1 Digital Arts Inc 63 –
2 CTS Co Ltd 11 – 1 Digital Hearts Holdings Co Ltd 16 –
8 CyberAgent Inc 355 0.01 1 Digital Information Technologies Corp 16 –
3 Cybernet Systems Co Ltd 20 – 3 Dip Corp 76 –
– Cyberstep Inc 4 – 2 Disco Corp 293 0.01
3 Cybozu Inc 19 – 1 DKS Co Ltd 29 –
16 Dai Nippon Printing Co Ltd 361 0.01 10 DMG Mori Co Ltd 144 0.01
4 Dai Nippon Toryo Co Ltd 40 – 8 Don Quijote Holdings Co Ltd 460 0.02
2 Dai-Dan Co Ltd 45 – 2 Doshisha Co Ltd 31 –
1 Dai-Ichi Cutter Kogyo KK 21 – 4 Doutor Nichires Holdings Co Ltd 70 –
47 Dai-ichi Life Holdings Inc 816 0.03 6 Dowa Holdings Co Ltd 201 0.01
1 Dai-ichi Seiko Co Ltd 17 – 1 Dream Incubator Inc 10 –
6 Daibiru Corp 64 – 1 DTS Corp 51 –
33 Daicel Corp 369 0.01 6 Duskin Co Ltd 132 0.01
1 Daido Kogyo Co Ltd 13 – 1 DyDo Group Holdings Inc 76 –
7 Daido Metal Co Ltd 59 – 1 E-Guardian Inc 26 –
3 Daido Steel Co Ltd 142 0.01 3 Eagle Industry Co Ltd 42 –
3 Daidoh Ltd 10 – 15 East Japan Railway Co 1,401 0.05
6 Daifuku Co Ltd 308 0.01 11 Ebara Corp 275 0.01
2 Daihatsu Diesel Manufacturing Co Ltd 14 – 1 Ebara Foods Industry Inc 12 –
3 Daihen Corp 79 – 1 Ebara Jitsugyo Co Ltd 16 –
2 Daiho Corp 73 – 1 Eco's Co Ltd 24 –
1 Daiichi Jitsugyo Co Ltd 35 – 9 EDION Corp 104 0.01
2 Daiichi Kigenso Kagaku-Kogyo Co Ltd 18 – 2 EF-ON INC 16 –
15 Daiichi Sankyo Co Ltd 563 0.02 3 eGuarantee Inc 30 –
4 Daiichikosho Co Ltd 192 0.01 3 Ehime Bank Ltd 36 –
2 Daiken Corp 41 – 4 Eidai Co Ltd 16 –
2 Daiken Medical Co Ltd 12 – 1 Eighteenth Bank Ltd 18 –
5 Daiki Aluminium Industry Co Ltd 29 – 2 Eiken Chemical Co Ltd 37 –
11 Daikin Industries Ltd 1,193 0.04 7 Eisai Co Ltd 626 0.02
1 Daikoku Denki Co Ltd 13 – 2 Eizo Corp 63 –
1 Daikokutenbussan Co Ltd 24 – 1 Elan Corp 27 –
4 Daikyo Inc 107 0.01 2 Elecom Co Ltd 42 –
3 Daikyonishikawa Corp 33 – 11 Electric Power Development Co Ltd 296 0.01
1 Dainichi Co Ltd 9 – 1 Elematec Corp 24 –
2 Dainichiseika Color & Chemicals Manufacturing Co 2 EM Systems Co Ltd 21 –
Ltd 47 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 99
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 9.06% (continued) Japan - 9.06% (continued)
3 en-japan Inc 122 0.01 2 Fujimi Inc 34 –
2 Endo Lighting Corp 12 – 2 Fujimori Kogyo Co Ltd 49 –
5 Eneres Co Ltd 28 – 1 Fujio Food System Co Ltd 15 –
1 Enigmo Inc 14 – 12 Fujisash Co Ltd 10 –
1 Enplas Corp 25 – 2 Fujishoji Co Ltd 14 –
3 EPS Holdings Inc 58 – 1 Fujita Kanko Inc 20 –
3 eRex Co Ltd 18 – 6 Fujitec Co Ltd 75 –
6 ES-Con Japan Ltd 41 – 2 Fujitsu Frontech Ltd 17 –
3 Escrow Agent Japan Inc 14 – 6 Fujitsu General Ltd 92 –
2 ESPEC Corp 33 – 21 Fujitsu Ltd 1,297 0.04
1 Excel Co Ltd 25 – 1 Fujiya Co Ltd 16 –
4 Exedy Corp 98 – 2 FuKoKu Co Ltd 15 –
4 Ezaki Glico Co Ltd 206 0.01 1 Fukuda Corp 29 –
2 F-Tech Inc 18 – 1 Fukuda Denshi Co Ltd 41 –
5 F@N Communications Inc 29 – 3 Fukui Bank Ltd 46 –
2 Faith Inc 19 – 1 Fukui Computer Holdings Inc 9 –
1 Falco Holdings Co Ltd 19 – 14 Fukuoka Financial Group Inc 325 0.01
2 FamilyMart UNY Holdings Co Ltd 325 0.01 2 Fukushima Bank Ltd 9 –
4 Fancl Corp 110 0.01 2 Fukushima Industries Corp 62 –
6 FANUC Corp 963 0.03 4 Fukuyama Transporting Co Ltd 158 0.01
2 Fast Retailing Co Ltd 1,199 0.04 3 FULLCAST Holdings Co Ltd 57 –
4 FCC Co Ltd 118 0.01 2 Funai Electric Co Ltd 11 –
1 FDK Corp 10 – 3 Funai Soken Holdings Inc 55 –
12 Feed One Co Ltd 22 – 1 Furukawa Battery Co Ltd 8 –
4 Ferrotec Holdings Corp 39 – 3 Furukawa Co Ltd 42 –
– FFRI Inc 7 – 10 Furukawa Electric Co Ltd 296 0.01
26 FIDEA Holdings Co Ltd 36 – 4 Furuno Electric Co Ltd 50 –
2 Fields Corp 16 – 1 Furusato Industries Ltd 17 –
6 Financial Products Group Co Ltd 61 – 1 Furyu Corp 12 –
2 FINDEX Inc 12 – 2 Fuso Chemical Co Ltd 46 –
6 First Bank of Toyama Ltd 24 – 1 Fuso Pharmaceutical Industries Ltd 15 –
2 First Brothers Co Ltd 19 – 4 Futaba Corp 64 –
2 First Juken Co Ltd 17 – 7 Futaba Industrial Co Ltd 37 –
2 Fixstars Corp 24 – 2 Future Corp 39 –
3 FJ Next Co Ltd 25 – 3 Fuyo General Lease Co Ltd 170 0.01
3 Foster Electric Co Ltd 42 – 1 G-7 Holdings Inc 14 –
2 FP Corp 128 0.01 3 G-Tekt Corp 44 –
3 France Bed Holdings Co Ltd 24 – 1 Gakken Holdings Co Ltd 23 –
3 Freebit Co Ltd 24 – 1 Gakkyusha Co Ltd 20 –
1 Freund Corp 8 – 1 Gakujo Co Ltd 12 –
1 Fronteo Inc 9 – 2 Gecoss Corp 19 –
1 FTGroup Co Ltd 12 – 1 Genki Sushi Co Ltd 22 –
2 Fudo Tetra Corp 32 – 1 Genky Drugstores Co Ltd 26 –
3 Fuji Co Ltd 58 – 4 Geo Holdings Corp 64 –
1 Fuji Corp 21 – 2 Geostr Corp 10 –
6 Fuji Corp 76 – 2 Gfoot Co Ltd 13 –
2 Fuji Corp Ltd 19 – 2 Giken Ltd 59 –
2 Fuji Die Co Ltd 10 – 1 GL Sciences Inc 12 –
10 Fuji Electric Co Ltd 303 0.01 1 Globeride Inc 26 –
2 Fuji Kyuko Co Ltd 57 – 7 Glory Ltd 187 0.01
6 Fuji Media Holdings Inc 92 – 1 GMO Cloud K.K. 25 –
8 Fuji Oil Co Ltd 25 – 2 GMO Financial Holdings Inc 14 –
5 Fuji Oil Holdings Inc 167 0.01 7 GMO internet Inc 87 –
1 Fuji Pharma Co Ltd 22 – 3 GMO Payment Gateway Inc 191 0.01
4 Fuji Seal International Inc 155 0.01 1 Godo Steel Ltd 21 –
1 Fuji Soft Inc 59 – 2 Goldcrest Co Ltd 39 –
1 Fujibo Holdings Inc 38 – 1 Goldwin Inc 94 –
2 Fujicco Co Ltd 44 – 2 Grandy House Corp 9 –
16 FUJIFILM Holdings Corp 649 0.02 10 Gree Inc 43 –
4 Fujikura Kasei Co Ltd 24 – 8 GS Yuasa Corp 181 0.01
33 Fujikura Ltd 145 0.01 1 GSI Creos Corp 18 –
1 Fujikura Rubber Ltd 6 – 1 Gun-Ei Chemical Industry Co Ltd 14 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 100
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 9.06% (continued) Japan - 9.06% (continued)
35 GungHo Online Entertainment Inc 78 – 18 Hokkaido Electric Power Co Inc 125 0.01
36 Gunma Bank Ltd 171 0.01 2 Hokkaido Gas Co Ltd 26 –
1 Gunosy Inc 24 – 1 Hokkan Holdings Ltd 12 –
2 Gunze Ltd 79 – 1 Hokko Chemical Industry Co Ltd 6 –
4 Gurunavi Inc 31 – 3 Hokkoku Bank Ltd 124 0.01
3 H-One Co Ltd 34 – 16 Hokuetsu Corp 79 –
11 H2O Retailing Corp 183 0.01 3 Hokuetsu Industries Co Ltd 35 –
– HABA Laboratories Inc 16 – 15 Hokuhoku Financial Group Inc 202 0.01
43 Hachijuni Bank Ltd 197 0.01 1 Hokuriku Electric Industry Co Ltd 9 –
2 Hagihara Industries Inc 27 – 17 Hokuriku Electric Power Co 154 0.01
1 Hagiwara Electric Holdings Co Ltd 23 – 2 Hokuriku Electrical Construction Co Ltd 13 –
1 Hakudo Co Ltd 9 – 2 Hokuto Corp 32 –
15 Hakuhodo DY Holdings Inc 228 0.01 110 Honda Motor Co Ltd 3,117 0.10
1 Hakuto Co Ltd 12 – 2 Honda Tsushin Kogyo Co Ltd 11 –
1 Halows Co Ltd 21 – 2 Honeys Holdings Co Ltd 18 –
2 Hamakyorex Co Ltd 85 – 8 Hoosiers Holdings 45 –
6 Hamamatsu Photonics KK 209 0.01 5 Horiba Ltd 236 0.01
1 Handsman Co Ltd 9 – 3 Hoshizaki Corp 240 0.01
18 Hankyu Hanshin Holdings Inc 602 0.02 6 Hosiden Corp 46 –
4 Hanwa Co Ltd 132 0.01 1 Hosokawa Micron Corp 32 –
2 Happinet Corp 24 – 2 Hotland Co Ltd 24 –
2 Hard Off Corp Co Ltd 12 – 1 House Do Co Ltd 13 –
2 Harima Chemicals Group Inc 21 – 6 House Foods Group Inc 210 0.01
2 Harmonic Drive Systems Inc 67 – 2 Howa Machinery Ltd 12 –
2 Haruyama Holdings Inc 13 – 16 Hoya Corp 1,002 0.03
33 Haseko Corp 399 0.01 17 Hulic Co Ltd 152 0.01
24 Hazama Ando Corp 146 0.01 28 Hyakugo Bank Ltd 111 0.01
6 Heiwa Corp 128 0.01 3 Hyakujushi Bank Ltd 71 –
3 Heiwa Real Estate Co Ltd 55 – 1 I'ROM Group Co Ltd 16 –
3 Heiwado Co Ltd 95 – 1 I-Net Corp 21 –
2 Helios Techno Holding Co Ltd 15 – 1 I-O Data Device Inc 13 –
3 HI-LEX CORP 58 – 1 I.K Co Ltd 9 –
2 Hibiya Engineering Ltd 37 – 14 Ibiden Co Ltd 190 0.01
1 Hiday Hidaka Corp 30 – 2 IBJ Inc 11 –
1 Hikari Tsushin Inc 208 0.01 4 IBJ Leasing Co Ltd 91 –
26 Hino Motors Ltd 263 0.01 1 Ichibanya Co Ltd 37 –
1 Hinokiya Group Co Ltd 21 – 24 Ichigo Inc 84 –
1 Hioki EE Corp 30 – 1 Ichiken Co Ltd 19 –
2 Hirakawa Hewtech Corp 25 – 3 Ichikoh Industries Ltd 17 –
3 Hiramatsu Inc 11 – 3 Ichinen Holdings Co Ltd 37 –
2 Hirano Tecseed Co Ltd/Kinzoku 27 – 4 Ichiyoshi Securities Co Ltd 38 –
1 Hirata Corp 43 – 1 Icom Inc 21 –
2 Hirose Electric Co Ltd 254 0.01 3 Idec Corp 60 –
1 Hirose Tusyo Inc 11 – 17 Idemitsu Kosan Co Ltd 624 0.02
32 Hiroshima Bank Ltd 194 0.01 13 IDOM Inc 64 –
9 Hiroshima Gas Co Ltd 27 – 1 Ihara Science Corp 11 –
3 HIS Co Ltd 112 0.01 17 IHI Corp 510 0.02
3 Hisaka Works Ltd 27 – 11 Iida Group Holdings Co Ltd 198 0.01
2 Hisamitsu Pharmaceutical Co Inc 147 0.01 10 Iino Kaiun Kaisha Ltd 39 –
8 Hitachi Capital Corp 210 0.01 4 IJT Technology Holdings Co Ltd 23 –
14 Hitachi Chemical Co Ltd 228 0.01 2 Ikegami Tsushinki Co Ltd 20 –
12 Hitachi Construction Machinery Co Ltd 345 0.01 2 Imagica Group Inc 12 –
4 Hitachi High-Technologies Corp 161 0.01 2 Imasen Electric Industrial 16 –
72 Hitachi Ltd 2,091 0.07 1 Imuraya Group Co Ltd 17 –
19 Hitachi Metals Ltd 213 0.01 2 Inaba Denki Sangyo Co Ltd 96 –
5 Hitachi Transport System Ltd 130 0.01 2 Inaba Seisakusho Co Ltd 18 –
21 Hitachi Zosen Corp 71 – 6 Inabata & Co Ltd 83 –
1 Hito Communications Inc 24 – 2 Inageya Co Ltd 25 –
1 Hochiki Corp 14 – 3 Ines Corp 32 –
1 Hodogaya Chemical Co Ltd 16 – 1 Infocom Corp 58 –
3 Hogy Medical Co Ltd 85 – 6 Infomart Corp 79 –
– Hokkaido Coca-Cola Bottling Co Ltd 13 – 1 Information Services International-Dentsu Ltd 44 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 101
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 9.06% (continued) Japan - 9.06% (continued)
3 Innotech Corp 34 – 8 Japan Steel Works Ltd 154 0.01
56 Inpex Corp 596 0.02 51 Japan Tobacco Inc 1,276 0.04
1 Insource Co Ltd 22 – 3 Japan Transcity Corp 13 –
3 Intage Holdings Inc 27 – 7 Japan Wool Textile Co Ltd 60 –
3 Internet Initiative Japan Inc 81 – 2 Jastec Co Ltd 15 –
2 Inui Global Logistics Co Ltd 14 – 2 JBCC Holdings Inc 36 –
1 IR Japan Holdings Ltd 10 – 1 JCR Pharmaceuticals Co Ltd 31 –
2 Iriso Electronics Co Ltd 79 – 2 JCU Corp 26 –
2 Iseki & Co Ltd 39 – 3 Jeol Ltd 46 –
33 Isetan Mitsukoshi Holdings Ltd 379 0.01 35 JFE Holdings Inc 611 0.02
1 Ishihara Chemical Co Ltd 23 – 11 JGC Corp 167 0.01
4 Ishihara Sangyo Kaisha Ltd 41 – – JIG-SAW Inc 11 –
1 Isolite Insulating Products Co Ltd 3 – 23 Jimoto Holdings Inc 30 –
4 Istyle Inc 37 – 1 JINS Inc 87 –
48 Isuzu Motors Ltd 690 0.02 2 JK Holdings Co Ltd 11 –
2 Itfor Inc 15 – 2 JMS Co Ltd 13 –
4 Ito En Ltd 208 0.01 1 Joban Kosan Co Ltd 17 –
52 ITOCHU Corp 931 0.03 2 Joshin Denki Co Ltd 64 –
6 Itochu Enex Co Ltd 59 – 6 JP-Holdings Inc 17 –
7 Itochu Techno-Solutions Corp 143 0.01 2 JSP Corp 36 –
1 Itochu-Shokuhin Co Ltd 42 – 21 JSR Corp 337 0.01
17 Itoham Yonekyu Holdings Inc 112 0.01 24 JTEKT Corp 311 0.01
4 Itoki Corp 24 – 3 Juki Corp 47 –
1 Itokuro Inc 24 – 4 Juroku Bank Ltd 93 –
2 IwaiCosmo Holdings Inc 31 – 2 Justsystems Corp 50 –
6 Iwaki & Co Ltd 28 – 21 JVC Kenwood Corp 53 –
1 Iwasaki Electric Co Ltd 8 – 249 JXTG Holdings Inc 1,508 0.05
5 Iwatani Corp 157 0.01 2 K&O Energy Group Inc 30 –
– Iwatsuka Confectionery Co Ltd 8 – 19 K's Holdings Corp 197 0.01
28 Iyo Bank Ltd 172 0.01 13 kabu.com Securities Co Ltd 49 –
3 Izumi Co Ltd 165 0.01 8 Kadokawa Dwango Corp 95 –
26 J Front Retailing Co Ltd 357 0.01 – Kadoya Sesame Mills Inc 15 –
8 J Trust Co Ltd 40 – 2 Kaga Electronics Co Ltd 42 –
1 J-Oil Mills Inc 36 – 5 Kagome Co Ltd 144 0.01
2 JAC Recruitment Co Ltd 39 – 49 Kajima Corp 679 0.02
3 Jaccs Co Ltd 53 – 12 Kakaku.com Inc 238 0.01
4 Jafco Co Ltd 161 0.01 3 Kaken Pharmaceutical Co Ltd 174 0.01
1 Jalux Inc 23 – 1 Kakiyasu Honten Co Ltd 17 –
1 Jamco Corp 23 – 1 Kameda Seika Co Ltd 47 –
2 Janome Sewing Machine Co Ltd 12 – 2 Kamei Corp 30 –
10 Japan Airlines Co Ltd 354 0.01 12 Kamigumi Co Ltd 272 0.01
3 Japan Airport Terminal Co Ltd 109 0.01 2 Kanaden Corp 28 –
3 Japan Asia Group Ltd 10 – 1 Kanagawa Chuo Kotsu Co Ltd 24 –
8 Japan Asset Marketing Co Ltd 9 – 1 Kanamic Network Co Ltd 16 –
7 Japan Aviation Electronics Industry Ltd 85 – 4 Kanamoto Co Ltd 121 0.01
2 Japan Best Rescue System Co Ltd 24 – 10 Kandenko Co Ltd 104 0.01
2 Japan Cash Machine Co Ltd 15 – 6 Kaneka Corp 210 0.01
80 Japan Display Inc 50 – 1 Kaneko Seeds Co Ltd 14 –
1 Japan Elevator Service Holdings Co Ltd 19 – 8 Kanematsu Corp 107 0.01
35 Japan Exchange Group Inc 639 0.02 1 Kanematsu Electronics Ltd 39 –
6 Japan Foundation Engineering Co Ltd 19 – 49 Kansai Electric Power Co Inc 739 0.03
1 Japan Investment Adviser Co Ltd 39 – 8 Kansai Mirai Financial Group Inc 65 –
6 Japan Lifeline Co Ltd 94 – 11 Kansai Paint Co Ltd 201 0.01
4 Japan Material Co Ltd 52 – 2 Kansai Super Market Ltd 16 –
1 Japan Meat Co Ltd 14 – 5 Kanto Denka Kogyo Co Ltd 44 –
2 Japan Medical Dynamic Marketing Inc 30 – 22 Kao Corp 1,601 0.05
4 Japan Petroleum Exploration Co Ltd 83 – 1 Kappa Create Co Ltd 12 –
67 Japan Post Holdings Co Ltd 822 0.03 3 Kasai Kogyo Co Ltd 31 –
2 Japan Property Management Center Co Ltd 14 – 3 Katakura Industries Co Ltd 31 –
1 Japan Pulp & Paper Co Ltd 44 – 2 Kato Sangyo Co Ltd 62 –
1 Japan Pure Chemical Co Ltd 17 – 1 Kato Works Co Ltd 21 –
13 Japan Securities Finance Co Ltd 74 – 1 Kawada Technologies Inc 60 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 102
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 9.06% (continued) Japan - 9.06% (continued)
1 Kawagishi Bridge Works Co Ltd 15 – 4 Komeri Co Ltd 93 –
1 Kawai Musical Instruments Manufacturing Co Ltd 21 – 6 Komori Corp 71 –
16 Kawasaki Heavy Industries Ltd 364 0.01 5 Konaka Co Ltd 21 –
12 Kawasaki Kisen Kaisha Ltd 173 0.01 6 Konami Holdings Corp 291 0.01
2 Kawasumi Laboratories Inc 12 – 2 Kondotec Inc 16 –
92 KDDI Corp 2,171 0.07 53 Konica Minolta Inc 476 0.02
9 Keihan Holdings Co Ltd 393 0.01 4 Konishi Co Ltd 60 –
4 Keihanshin Building Co Ltd 33 – 3 Konoike Transport Co Ltd 50 –
5 Keihin Corp 92 – 1 Konoshima Chemical Co Ltd 6 –
18 Keikyu Corp 281 0.01 3 Kosaido Co Ltd 10 –
8 Keio Corp 449 0.02 2 Kose Corp 254 0.01
10 Keisei Electric Railway Co Ltd 341 0.01 – Kosei Securities Co Ltd 4 –
13 Keiyo Bank Ltd 92 – 4 Koshidaka Holdings Co Ltd 60 –
6 Keiyo Co Ltd 31 – 2 Kotobuki Spirits Co Ltd 73 –
23 Kenedix Inc 109 0.01 1 Kourakuen Holdings Corp 22 –
1 Kenko Mayonnaise Co Ltd 24 – 1 Krosaki Harima Corp 36 –
12 Kewpie Corp 295 0.01 1 KRS Corp 22 –
2 Key Coffee Inc 36 – 1 KU Holdings Co Ltd 9 –
4 Keyence Corp 2,114 0.07 34 Kubota Corp 590 0.02
3 KH Neochem Co Ltd 70 – 4 Kumagai Gumi Co Ltd 114 0.01
1 Ki-Star Real Estate Co Ltd 22 – 10 Kumiai Chemical Industry Co Ltd 65 –
5 Kikkoman Corp 293 0.01 1 Kura Corp 63 –
8 Kimoto Co Ltd 16 – 2 Kurabo Industries Ltd 38 –
5 Kimura Chemical Plants Co Ltd 20 – 33 Kuraray Co Ltd 512 0.02
2 Kimura Unity Co Ltd 15 – 2 Kureha Corp 133 0.01
14 Kinden Corp 246 0.01 1 Kurimoto Ltd 12 –
2 King Co Ltd 10 – 11 Kurita Water Industries Ltd 293 0.01
1 King Jim Co Ltd 11 – 1 Kuriyama Holdings Corp 22 –
– Kinki Sharyo Co Ltd 4 – 2 Kusuri no Aoki Holdings Co Ltd 111 0.01
1 Kintetsu Department Store Co Ltd 26 – 3 KYB Corp 75 –
13 Kintetsu Group Holdings Co Ltd 538 0.02 14 Kyocera Corp 750 0.03
4 Kintetsu World Express Inc 69 – 4 Kyoden Co Ltd 16 –
41 Kirin Holdings Co Ltd 962 0.03 1 Kyodo Printing Co Ltd 14 –
1 Kirindo Holdings Co Ltd 10 – 3 Kyoei Steel Ltd 52 –
3 Kissei Pharmaceutical Co Ltd 108 0.01 1 Kyokuto Boeki Kaisha Ltd 12 –
1 Kita-Nippon Bank Ltd 20 – 4 Kyokuto Kaihatsu Kogyo Co Ltd 62 –
1 Kitagawa Corp 20 – 3 Kyokuto Securities Co Ltd 31 –
1 Kitano Construction Corp 22 – 1 Kyokuyo Co Ltd 23 –
6 Kitanotatsujin Corp 26 – 5 KYORIN Holdings Inc 123 0.01
3 Kito Corp 43 – 3 Kyoritsu Maintenance Co Ltd 135 0.01
8 Kitz Corp 71 – 4 Kyoritsu Printing Co Ltd 9 –
8 Kiyo Bank Ltd 131 0.01 6 Kyosan Electric Manufacturing Co Ltd 27 –
3 KLab Inc 27 – 3 Kyowa Electronic Instruments Co Ltd 12 –
1 KNT-CT Holdings Co Ltd 10 – 8 Kyowa Exeo Corp 195 0.01
2 Koa Corp 33 – 10 Kyowa Hakko Kirin Co Ltd 206 0.01
3 Koatsu Gas Kogyo Co Ltd 26 – 2 Kyowa Leather Cloth Co Ltd 17 –
3 Kobayashi Pharmaceutical Co Ltd 181 0.01 5 Kyudenko Corp 183 0.01
3 Kobe Bussan Co Ltd 80 – 30 Kyushu Electric Power Co Inc 354 0.01
1 Kobe Electric Railway Co Ltd 25 – 40 Kyushu Financial Group Inc 188 0.01
42 Kobe Steel Ltd 347 0.01 3 Kyushu Leasing Service Co Ltd 17 –
2 Koei Tecmo Holdings Co Ltd 40 – 12 Kyushu Railway Co 394 0.01
3 Kohnan Shoji Co Ltd 84 – 2 LAC Co Ltd 36 –
1 Kohsoku Corp 15 – – Lacto Japan Co Ltd 14 –
9 Koito Manufacturing Co Ltd 490 0.02 5 Laox Co Ltd 15 –
5 Kojima Co Ltd 25 – 3 Lasertec Corp 110 0.01
8 Kokuyo Co Ltd 128 0.01 4 Lawson Inc 269 0.01
1 Komaihaltec Inc 17 – 2 LEC Inc 33 –
44 Komatsu Ltd 1,209 0.04 32 Leopalace21 Corp 139 0.01
4 Komatsu Matere Co Ltd 36 – 1 Life Corp 31 –
1 Komatsu Wall Industry Co Ltd 17 – 4 Lifull Co Ltd 35 –
5 Komeda Holdings Co Ltd 98 – 1 Like Co Ltd 18 –
1 Komehyo Co Ltd 17 – 3 LINE Corp 92 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 103
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 9.06% (continued) Japan - 9.06% (continued)
2 Linical Co Ltd 21 – 6 Meisei Industrial Co Ltd 42 –
3 Link And Motivation Inc 31 – 2 Meitec Corp 104 0.01
4 Lintec Corp 102 0.01 1 Meito Sangyo Co Ltd 13 –
12 Lion Corp 247 0.01 4 Meiwa Corp 16 –
1 Litalico Inc 19 – 2 Meiwa Estate Co Ltd 8 –
23 LIXIL Group Corp 297 0.01 1 Melco Holdings Inc 24 –
2 LIXIL VIVA Corp 35 – 3 Menicon Co Ltd 69 –
1 M&A Capital Partners Co Ltd 38 – 2 Mercuria Investment Co Ltd 12 –
24 M3 Inc 393 0.01 1 METAWATER Co Ltd 39 –
5 Mabuchi Motor Co Ltd 168 0.01 2 Michinoku Bank Ltd 37 –
6 Macnica Fuji Electronics Holdings Inc 101 0.01 4 Micronics Japan Co Ltd 39 –
2 Macromill Inc 36 – 5 Mie Kotsu Group Holdings Inc 30 –
15 Maeda Corp 157 0.01 3 Mikuni Corp 18 –
2 Maeda Kosen Co Ltd 39 – 2 Milbon Co Ltd 77 –
8 Maeda Road Construction Co Ltd 153 0.01 2 Mimaki Engineering Co Ltd 18 –
2 Maezawa Kasei Industries Co Ltd 22 – 2 Mimasu Semiconductor Industry Co Ltd 34 –
1 Maezawa Kyuso Industries Co Ltd 17 – 33 Minebea Mitsumi Inc 544 0.02
3 Makino Milling Machine Co Ltd 114 0.01 2 Ministop Co Ltd 31 –
10 Makita Corp 410 0.02 7 Miraca Holdings Inc 155 0.01
2 Mamezou Holdings Co Ltd 16 – 1 Miraial Co Ltd 9 –
2 Mandom Corp 53 – 8 Mirait Holdings Corp 123 0.01
1 Mani Inc 57 – 2 Miroku Jyoho Service Co Ltd 33 –
1 Marklines Co Ltd 9 – 2 Misawa Homes Co Ltd 13 –
2 Mars Group Holdings Corp 33 – 17 MISUMI Group Inc 390 0.01
83 Marubeni Corp 620 0.02 1 Mitani Corp 67 –
3 Marubun Corp 25 – 4 Mitani Sangyo Co Ltd 11 –
2 Marudai Food Co Ltd 36 – 1 Mitani Sekisan Co Ltd 33 –
4 Maruha Nichiro Corp 160 0.01 6 Mito Securities Co Ltd 16 –
15 Marui Group Co Ltd 335 0.01 4 Mitsuba Corp 28 –
5 Maruichi Steel Tube Ltd 151 0.01 122 Mitsubishi Chemical Holdings Corp 1,005 0.03
1 Maruka Machinery Co Ltd 18 – 58 Mitsubishi Corp 1,562 0.05
5 Marusan Securities Co Ltd 43 – 116 Mitsubishi Electric Corp 1,540 0.05
1 Maruwa Co Ltd 57 – 57 Mitsubishi Estate Co Ltd 923 0.03
1 Maruwa Unyu Kikan Co Ltd 33 – 16 Mitsubishi Gas Chemical Co Inc 262 0.01
1 Maruzen Co Ltd 21 – 19 Mitsubishi Heavy Industries Ltd 742 0.03
2 Maruzen Showa Unyu Co Ltd 44 – 1 Mitsubishi Kakoki Kaisha Ltd 11 –
2 Marvelous Inc 20 – 5 Mitsubishi Logisnext Co Ltd 62 –
2 Matsuda Sangyo Co Ltd 28 – 6 Mitsubishi Logistics Corp 148 0.01
3 Matsui Construction Co Ltd 22 – 13 Mitsubishi Materials Corp 368 0.01
11 Matsui Securities Co Ltd 123 0.01 50 Mitsubishi Motors Corp 306 0.01
5 Matsumotokiyoshi Holdings Co Ltd 201 0.01 4 Mitsubishi Paper Mills Ltd 19 –
2 Matsuya Co Ltd 19 – 3 Mitsubishi Pencil Co Ltd 63 –
1 Matsuyafoods Holdings Co Ltd 24 – 1 Mitsubishi Research Institute Inc 27 –
4 Max Co Ltd 49 – 2 Mitsubishi Shokuhin Co Ltd 49 –
6 Maxell Holdings Ltd 83 – 2 Mitsubishi Steel Manufacturing Co Ltd 32 –
1 Maxvalu Nishinihon Co Ltd 15 – 14 Mitsubishi Tanabe Pharma Corp 214 0.01
1 Maxvalu Tokai Co Ltd 23 – 519 Mitsubishi UFJ Financial Group Inc 2,838 0.10
52 Mazda Motor Corp 553 0.02 56 Mitsubishi UFJ Lease & Finance Co Ltd 308 0.01
4 McDonald's Holdings Co Japan Ltd 184 0.01 2 Mitsuboshi Belting Ltd 43 –
8 MCJ Co Ltd 58 – 69 Mitsui & Co Ltd 1,083 0.04
99 Mebuki Financial Group Inc 301 0.01 19 Mitsui Chemicals Inc 491 0.02
2 MEC Co Ltd 25 – 10 Mitsui E&S Holdings Co Ltd 110 0.01
1 Media Do Holdings Co Ltd 27 – 36 Mitsui Fudosan Co Ltd 870 0.03
1 Medical Data Vision Co Ltd 5 – 2 Mitsui High-Tec Inc 22 –
3 Medical System Network Co Ltd 11 – 2 Mitsui Matsushima Holdings Co Ltd 21 –
9 Medipal Holdings Corp 218 0.01 8 Mitsui Mining & Smelting Co Ltd 186 0.01
2 Megachips Corp 46 – 14 Mitsui OSK Lines Ltd 329 0.01
5 Megmilk Snow Brand Co Ltd 148 0.01 2 Mitsui Sugar Co Ltd 48 –
4 Meidensha Corp 59 – 3 Mitsui-Soko Holdings Co Ltd 60 –
1 Meiji Electric Industries Co Ltd 17 – 2 Mitsuuroko Group Holdings Co Ltd 14 –
9 MEIJI Holdings Co Ltd 741 0.03 5 Miura Co Ltd 134 0.01
2 Meiko Electronics Co Ltd 43 – 7 Mixi Inc 156 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 104
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 9.06% (continued) Japan - 9.06% (continued)
1 Miyaji Engineering Group Inc 21 – 16 NGK Spark Plug Co Ltd 340 0.01
2 Miyazaki Bank Ltd 43 – 10 NH Foods Ltd 390 0.01
2 Miyoshi Oil & Fat Co Ltd 19 – 28 NHK Spring Co Ltd 247 0.01
1,045 Mizuho Financial Group Inc 1,733 0.06 1 Nicca Chemical Co Ltd 14 –
2 Mizuno Corp 50 – 2 Nice Holdings Inc 17 –
1 Mochida Pharmaceutical Co Ltd 100 0.01 6 Nichi-iko Pharmaceutical Co Ltd 85 –
2 Modec Inc 57 – 1 Nichia Steel Works Ltd 4 –
3 Molitec Steel Co Ltd 11 – 7 Nichias Corp 136 0.01
15 Monex Group Inc 56 – 2 Nichiban Co Ltd 30 –
6 Money Partners Group Co Ltd 18 – 6 Nichicon Corp 45 –
1 Monogatari Corp 58 – 2 Nichiden Corp 27 –
11 MonotaRO Co Ltd 293 0.01 3 Nichiha Corp 88 –
1 MORESCO Corp 15 – 4 NichiiGakkan Co Ltd 45 –
3 Morinaga & Co Ltd 154 0.01 12 Nichirei Corp 329 0.01
5 Morinaga Milk Industry Co Ltd 141 0.01 4 Nichireki Co Ltd 40 –
4 Morita Holdings Corp 79 – 2 Nichirin Co Ltd 32 –
3 Morito Co Ltd 19 – 9 Nidec Corp 1,204 0.04
– Morozoff Ltd 14 – 11 Nifco Inc 273 0.01
1 Mory Industries Inc 19 – 1 Nihon Chouzai Co Ltd 29 –
2 MrMax Holdings Ltd 12 – 2 Nihon Dempa Kogyo Co Ltd 10 –
21 MS&AD Insurance Group Holdings Inc 628 0.02 1 Nihon Dengi Co Ltd 18 –
4 MTI Ltd 24 – 1 Nihon Denkei Co Ltd 11 –
2 Mugen Estate Co Ltd 13 – 1 Nihon Eslead Corp 11 –
1 Murakami Corp 15 – 1 Nihon Flush Co Ltd 22 –
8 Murata Manufacturing Co Ltd 1,257 0.04 4 Nihon House Holdings Co Ltd 18 –
6 Musashi Seimitsu Industry Co Ltd 92 – 2 Nihon Kagaku Sangyo Co Ltd 22 –
3 Musashino Bank Ltd 92 – 5 Nihon Kohden Corp 150 0.01
1 N Field Co Ltd 14 – 9 Nihon M&A Center Inc 220 0.01
11 Nabtesco Corp 294 0.01 2 Nihon Nohyaku Co Ltd 12 –
2 NAC Co Ltd 15 – 8 Nihon Parkerizing Co Ltd 109 0.01
2 Nachi-Fujikoshi Corp 77 – 1 Nihon Plast Co Ltd 11 –
1 Nadex Co Ltd 8 – 1 Nihon Tokushu Toryo Co Ltd 22 –
1 Nafco Co Ltd 11 – 7 Nihon Unisys Ltd 182 0.01
1 Nagano Bank Ltd 10 – 1 Nihon Yamamura Glass Co Ltd 14 –
2 Nagano Keiki Co Ltd 18 – 6 Nikkiso Co Ltd 65 –
12 Nagase & Co Ltd 186 0.01 1 Nikko Co Ltd 18 –
1 Nagatanien Holdings Co Ltd 25 – 7 Nikkon Holdings Co Ltd 177 0.01
1 Nagawa Co Ltd 34 – 23 Nikon Corp 369 0.01
15 Nagoya Railroad Co Ltd 386 0.01 3 Nintendo Co Ltd 973 0.03
1 Naigai Trans Line Ltd 13 – 1 Nippi Inc 14 –
4 Nakabayashi Co Ltd 21 – 7 Nippo Corp 124 0.01
1 Nakamoto Packs Co Ltd 15 – 2 Nippon Air Conditioning Services Co Ltd 12 –
1 Nakamura Choukou Co Ltd 5 – 1 Nippon Beet Sugar Manufacturing Co Ltd 21 –
1 Nakamuraya Co Ltd 20 – 2 Nippon Carbide Industries Co Inc 26 –
4 Nakanishi Inc 85 – 1 Nippon Carbon Co Ltd 57 –
4 Nakano Corp 22 – 2 Nippon Ceramic Co Ltd 38 –
2 Nakayama Steel Works Ltd 10 – 2 Nippon Chemi-Con Corp 42 –
1 Nakayamafuku Co Ltd 3 – 1 Nippon Chemical Industrial Co Ltd 24 –
5 Namura Shipbuilding Co Ltd 26 – 22 Nippon Coke & Engineering Co Ltd 20 –
11 Nankai Electric Railway Co Ltd 289 0.01 2 Nippon Commercial Development Co Ltd 24 –
4 Nanto Bank Ltd 98 – 7 Nippon Concrete Industries Co Ltd 20 –
– Narasaki Sangyo Co Ltd 6 – 10 Nippon Denko Co Ltd 24 –
1 Natori Co Ltd 13 – 5 Nippon Densetsu Kogyo Co Ltd 105 0.01
2 NEC Capital Solutions Ltd 24 – 10 Nippon Electric Glass Co Ltd 269 0.01
22 NEC Corp 674 0.02 8 Nippon Express Co Ltd 459 0.02
2 NEC Networks & System Integration Corp 33 – 3 Nippon Filcon Co Ltd 14 –
5 NET One Systems Co Ltd 108 0.01 2 Nippon Fine Chemical Co Ltd 19 –
4 Neturen Co Ltd 32 – 6 Nippon Flour Mills Co Ltd 103 0.01
22 Nexon Co Ltd 260 0.01 4 Nippon Gas Co Ltd 136 0.01
3 Nextage Co Ltd 29 – 2 Nippon Hume Corp 18 –
1 Nexyz Group Corp 21 – 16 Nippon Kayaku Co Ltd 216 0.01
26 NGK Insulators Ltd 384 0.01 1 Nippon Kinzoku Co Ltd 6 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 105
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 9.06% (continued) Japan - 9.06% (continued)
1 Nippon Kodoshi Corp 12 – 1 Nittoku Engineering Co Ltd 26 –
1 Nippon Koei Co Ltd 34 – 2 NJS Co Ltd 23 –
72 Nippon Light Metal Holdings Co Ltd 161 0.01 2 Noda Corp 20 –
9 Nippon Paint Holdings Co Ltd 317 0.01 1 Noevir Holdings Co Ltd 65 –
13 Nippon Paper Industries Co Ltd 244 0.01 7 NOF Corp 235 0.01
19 Nippon Parking Development Co Ltd 27 – 2 Nohmi Bosai Ltd 46 –
3 Nippon Pillar Packing Co Ltd 41 – 3 Nojima Corp 80 –
1 Nippon Piston Ring Co Ltd 11 – 11 NOK Corp 166 0.01
1 Nippon Rietec Co Ltd 17 – 3 Nomura Co Ltd 94 –
1 Nippon Road Co Ltd 54 – 178 Nomura Holdings Inc 801 0.03
6 Nippon Seiki Co Ltd 118 0.01 14 Nomura Real Estate Holdings Inc 273 0.01
– Nippon Seisen Co Ltd 12 – 7 Nomura Research Institute Ltd 311 0.01
– Nippon Sharyo Ltd 9 – 1 Noritake Co Ltd 60 –
12 Nippon Sheet Glass Co Ltd 99 – 3 Noritsu Koki Co Ltd 45 –
2 Nippon Shinyaku Co Ltd 164 0.01 4 Noritz Corp 55 –
3 Nippon Shokubai Co Ltd 214 0.01 37 North Pacific Bank Ltd 107 0.01
6 Nippon Signal Company Ltd 56 – 2 Nozawa Corp 18 –
3 Nippon Soda Co Ltd 72 – 3 NS Solutions Corp 86 –
2 Nippon Steel & Sumikin Bussan Corp 90 – – NS Tool Co Ltd 9 –
37 Nippon Steel & Sumitomo Metal Corp 683 0.02 1 NS United Kaiun Kaisha Ltd 33 –
37 Nippon Suisan Kaisha Ltd 227 0.01 2 NSD Co Ltd 42 –
1 Nippon Systemware Co Ltd 24 – 37 NSK Ltd 346 0.01
34 Nippon Telegraph & Telephone Corp 1,390 0.05 62 NTN Corp 211 0.01
7 Nippon Thompson Co Ltd 37 – 31 NTT Data Corp 356 0.01
13 Nippon Yakin Kogyo Co Ltd 33 – 76 NTT DOCOMO Inc 1,775 0.06
20 Nippon Yusen KK 343 0.01 11 NTT Urban Development Corp 160 0.01
17 Nipro Corp 237 0.01 1 NuFlare Technology Inc 38 –
18 Nishi-Nippon Financial Holdings Inc 197 0.01 9 OAK Capital Corp 14 –
6 Nishi-Nippon Railroad Co Ltd 167 0.01 1 OAT Agrio Co Ltd 14 –
1 Nishikawa Rubber Co Ltd 13 – 1 Obara Group Inc 52 –
7 Nishimatsu Construction Co Ltd 155 0.01 60 Obayashi Corp 604 0.02
4 Nishimatsuya Chain Co Ltd 37 – – OBIC Business Consultants Co Ltd 35 –
2 Nishio Rent All Co Ltd 81 – 3 Obic Co Ltd 243 0.01
9 Nissan Chemical Corp 467 0.02 22 Odakyu Electric Railway Co Ltd 498 0.02
175 Nissan Motor Co Ltd 1,531 0.05 1 Odelic Co Ltd 22 –
9 Nissan Shatai Co Ltd 73 – 8 Oenon Holdings Inc 27 –
6 Nissan Tokyo Sales Holdings Co Ltd 18 – 5 Ogaki Kyoritsu Bank Ltd 108 0.01
1 Nissei ASB Machine Co Ltd 50 – 1 Ohara Inc 23 –
2 Nissei Plastic Industrial Co Ltd 20 – 1 Ohashi Technica Inc 14 –
3 Nissha Co Ltd 55 – 1 Ohsho Food Service Corp 49 –
3 Nisshin Fudosan Co 15 – 2 Oiles Corp 37 –
4 Nisshin Oillio Group Ltd 115 0.01 1 Oisix ra daichi Inc 24 –
11 Nisshin Seifun Group Inc 223 0.01 2 Oita Bank Ltd 57 –
6 Nisshin Steel Co Ltd 78 – 90 Oji Holdings Corp 526 0.02
21 Nisshinbo Holdings Inc 190 0.01 5 Okabe Co Ltd 42 –
2 Nissin Corp 35 – 1 Okada Aiyon Corp 15 –
6 Nissin Electric Co Ltd 49 – 1 Okamoto Industries Inc 42 –
3 Nissin Foods Holdings Co Ltd 169 0.01 1 Okamoto Machine Tool Works Ltd 20 –
5 Nissin Kogyo Co Ltd 72 – 6 Okamura Corp 81 –
2 Nissin Sugar Co Ltd 32 – 18 Okasan Securities Group Inc 89 –
2 Nissui Pharmaceutical Co Ltd 16 – 9 Oki Electric Industry Co Ltd 122 0.01
3 Nitori Holdings Co Ltd 416 0.02 1 Okinawa Cellular Telephone Co 43 –
2 Nitta Corp 69 – 5 Okinawa Electric Power Co Inc 93 –
3 Nitta Gelatin Inc 17 – 2 OKK Corp 15 –
1 Nittetsu Mining Co Ltd 34 – 3 OKUMA Corp 135 0.01
3 Nitto Boseki Co Ltd 59 – 4 Okumura Corp 127 0.01
8 Nitto Denko Corp 438 0.02 1 Okura Industrial Co Ltd 19 –
3 Nitto FC Co Ltd 18 – 3 Okuwa Co Ltd 37 –
4 Nitto Kogyo Corp 61 – 2 Olympic Group Corp 15 –
1 Nitto Kohki Co Ltd 24 – 13 Olympus Corp 374 0.01
5 Nitto Seiko Co Ltd 29 – 14 Omron Corp 640 0.02
2 Nittoc Construction Co Ltd 12 – 14 Ono Pharmaceutical Co Ltd 346 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 106
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 9.06% (continued) Japan - 9.06% (continued)
2 Onoken Co Ltd 33 – 2 Punch Industry Co Ltd 13 –
14 Onward Holdings Co Ltd 81 – 2 Qol Holdings Co Ltd 43 –
1 Open Door Inc 35 – 1 Quick Co Ltd 12 –
3 Open House Co Ltd 115 0.01 4 Raito Kogyo Co Ltd 55 –
2 Optex Group Co Ltd 51 – 1 Rakus Co Ltd 22 –
2 Oracle Corp Japan 163 0.01 99 Rakuten Inc 797 0.03
1 Organo Corp 28 – 1 Rasa Corp 12 –
52 Orient Corp 80 – 1 Rasa Industries Ltd 13 –
8 Oriental Land Co Ltd 808 0.03 2 Raysum Co Ltd 24 –
1 Origin Electric Co Ltd 17 – 8 RECOMM Co Ltd 18 –
104 ORIX Corp 1,684 0.06 51 Recruit Holdings Co Ltd 1,421 0.05
1 Oro Co Ltd 17 – 2 Relia Inc 19 –
28 Osaka Gas Co Ltd 520 0.02 10 Relo Group Inc 275 0.01
2 Osaka Organic Chemical Industry Ltd 25 – 1 Remixpoint Inc 6 –
1 Osaka Soda Co Ltd 28 – 1 Renaissance Inc 25 –
1 Osaka Steel Co Ltd 23 – 2 Renesas Easton Co Ltd 8 –
2 OSAKA Titanium Technologies Co Ltd 28 – 67 Renesas Electronics Corp 319 0.01
5 Osaki Electric Co Ltd 36 – 20 Rengo Co Ltd 174 0.01
6 OSG Corp 129 0.01 3 RENOVA Inc 27 –
17 OSJB Holdings Corp 50 – 2 Renown Inc 2 –
6 Otsuka Corp 216 0.01 111 Resona Holdings Inc 589 0.02
14 Otsuka Holdings Co Ltd 699 0.02 11 Resorttrust Inc 181 0.01
1 OUG Holdings Inc 14 – 2 Retail Partners Co Ltd 25 –
9 Outsourcing Inc 119 0.01 2 Rheon Automatic Machinery Co Ltd 27 –
3 Oyo Corp 33 – 1 Rhythm Watch Co Ltd 14 –
5 Pacific Industrial Co Ltd 74 – 54 Ricoh Co Ltd 522 0.02
2 Pacific Metals Co Ltd 53 – 2 Ricoh Leasing Co Ltd 65 –
1 Pack Corp 31 – 2 Ride On Express Holdings Co Ltd 22 –
1 PAL GROUP Holdings Co Ltd 30 – 2 Right On Co Ltd 16 –
3 Paltac Corporation 145 0.01 1 Riken Corp 55 –
133 Panasonic Corp 1,373 0.05 2 Riken Keiki Co Ltd 46 –
1 PAPYLESS Co Ltd 21 – 5 Riken Technos Corp 21 –
1 Paraca Inc 9 – 1 Riken Vitamin Co Ltd 31 –
2 Paramount Bed Holdings Co Ltd 76 – 2 Ringer Hut Co Ltd 37 –
2 Parco Co Ltd 23 – 3 Rinnai Corp 237 0.01
3 Paris Miki Holdings Inc 13 – 1 Rion Co Ltd 22 –
10 Park24 Co Ltd 262 0.01 2 Riso Kagaku Corp 34 –
3 Pasona Group Inc 32 – 12 Riso Kyoiku Co Ltd 41 –
3 PC Depot Corp 15 – 2 Rock Field Co Ltd 37 –
3 Pegasus Sewing Machine Manufacturing Co Ltd 21 – 5 Rohm Co Ltd 378 0.01
31 Penta-Ocean Construction Co Ltd 195 0.01 5 Rohto Pharmaceutical Co Ltd 159 0.01
2 Pepper Food Service Co Ltd 58 – 2 Rokko Butter Co Ltd 31 –
4 PeptiDream Inc 185 0.01 1 Roland DG Corp 26 –
12 Persol Holdings Co Ltd 233 0.01 1 Rorze Corp 15 –
– Phil Co Inc 14 – 8 Round One Corp 88 –
1 PIA Corp 23 – 2 Royal Holdings Co Ltd 50 –
1 Pickles Corp 24 – 1 RS Technologies Co Ltd 31 –
8 Pigeon Corp 326 0.01 3 RVH Inc 6 –
3 Pilot Corp 171 0.01 3 Ryobi Ltd 82 –
3 Piolax Inc 81 – 2 Ryoden Corp 21 –
37 Pioneer Corp 30 – 2 Ryohin Keikaku Co Ltd 459 0.02
2 Plenus Co Ltd 35 – 2 Ryosan Co Ltd 67 –
5 Pola Orbis Holdings Inc 147 0.01 2 Ryoyo Electro Corp 30 –
2 Poletowin Pitcrew Holdings Inc 35 – 2 S Foods Inc 70 –
10 Press Kogyo Co Ltd 57 – 2 S LINE CO Ltd 17 –
4 Pressance Corp 45 – 1 S-Pool Inc 15 –
4 Prestige International Inc 51 – 2 Sac's Bar Holdings Inc 20 –
4 Prima Meat Packers Ltd 68 – 1 Sagami Rubber Industries Co Ltd 20 –
1 Pronexus Inc 13 – 3 Saibu Gas Co Ltd 62 –
37 Prospect Co Ltd 7 – 1 Saison Information Systems Co Ltd 10 –
1 Proto Corp 19 – 3 Saizeriya Co Ltd 54 –
3 PS Mitsubishi Construction Co Ltd 21 – 1 Sakai Chemical Industry Co Ltd 29 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 107
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 9.06% (continued) Japan - 9.06% (continued)
1 Sakai Heavy Industries Ltd 17 – 2 Seiko PMC Corp 17 –
1 Sakai Moving Service Co Ltd 45 – 16 Seino Holdings Co Ltd 238 0.01
1 Sakai Ovex Co Ltd 13 – 5 Seiren Co Ltd 82 –
5 Sakata INX Corp 63 – 38 Sekisui Chemical Co Ltd 620 0.02
3 Sakura Internet Inc 15 – 50 Sekisui House Ltd 749 0.03
5 Sala Corp 31 – 4 Sekisui Jushi Corp 75 –
3 SAMTY Co Ltd 44 – 3 Sekisui Plastics Co Ltd 33 –
1 San Holdings Inc 11 – 13 Senko Group Holdings Co Ltd 103 0.01
2 San ju San Financial Group Inc 40 – 1 Senshu Electric Co Ltd 19 –
2 San-A Co Ltd 76 – 30 Senshu Ikeda Holdings Inc 90 –
8 San-Ai Oil Co Ltd 87 – 3 Senshukai Co Ltd 9 –
17 San-In Godo Bank Ltd 138 0.01 4 Seria Co Ltd 179 0.01
3 Sanden Holdings Corp 22 – 45 Seven & i Holdings Co Ltd 1,981 0.07
2 Sanei Architecture Planning Co Ltd 22 – 64 Seven Bank Ltd 199 0.01
5 Sangetsu Corp 92 – 1 SFP Holdings Co Ltd 14 –
4 Sanken Electric Co Ltd 79 – 12 Sharp Corp 182 0.01
6 Sanki Engineering Co Ltd 67 – 1 Shibaura Electronics Co Ltd 39 –
4 Sanko Gosei Ltd 13 – 1 Shibaura Mechatronics Corp 29 –
1 Sanko Metal Industrial Co Ltd 16 – 1 Shibusawa Warehouse Co Ltd 12 –
5 Sankyo Co Ltd 184 0.01 1 Shibuya Corp 40 –
1 Sankyo Frontier Co Ltd 23 – 1 Shift Inc 25 –
6 Sankyo Seiko Co Ltd 23 – 6 Shiga Bank Ltd 151 0.01
3 Sankyo Tateyama Inc 35 – 2 Shikibo Ltd 18 –
6 Sankyu Inc 262 0.01 4 Shikoku Bank Ltd 52 –
4 Sanoh Industrial Co Ltd 24 – 4 Shikoku Chemicals Corp 44 –
1 Sansei Technologies Inc 22 – 17 Shikoku Electric Power Co Inc 200 0.01
1 Sansha Electric Manufacturing Co Ltd 5 – 2 Shima Seiki Manufacturing Ltd 78 –
2 Sanshin Electronics Co Ltd 43 – 5 Shimachu Co Ltd 130 0.01
18 Santen Pharmaceutical Co Ltd 306 0.01 13 Shimadzu Corp 311 0.01
19 Sanwa Holdings Corp 233 0.01 2 Shimamura Co Ltd 213 0.01
2 Sanyo Chemical Industries Ltd 74 – 1 Shimane Bank Ltd 9 –
1 Sanyo Denki Co Ltd 50 – 3 Shimano Inc 425 0.02
2 Sanyo Electric Railway Co Ltd 33 – 1 Shimizu Bank Ltd 20 –
3 Sanyo Engineering & Construction Inc 16 – 50 Shimizu Corp 425 0.02
1 Sanyo Housing Nagoya Co Ltd 12 – 2 Shin Nippon Air Technologies Co Ltd 36 –
2 Sanyo Shokai Ltd 38 – 4 Shin Nippon Biomedical Laboratories Ltd 27 –
3 Sanyo Special Steel Co Ltd 61 – 13 Shin-Etsu Chemical Co Ltd 1,170 0.04
2 Sanyo Trading Co Ltd 30 – 5 Shin-Etsu Polymer Co Ltd 34 –
8 Sapporo Holdings Ltd 182 0.01 1 Shin-Keisei Electric Railway Co Ltd 15 –
2 Sato Holdings Corp 66 – 1 Shinagawa Refractories Co Ltd 38 –
2 Sato Shoji Corp 13 – 1 Shindengen Electric Manufacturing Co Ltd 33 –
3 Satori Electric Co Ltd 29 – 1 Shinkawa Ltd 5 –
3 Sawada Holdings Co Ltd 23 – 8 Shinko Electric Industries Co Ltd 58 –
4 Sawai Pharmaceutical Co Ltd 222 0.01 5 Shinko Plantech Co Ltd 49 –
20 SBI Holdings Inc 448 0.02 3 Shinko Shoji Co Ltd 40 –
3 SBS Holdings Inc 36 – 9 Shinmaywa Industries Ltd 127 0.01
3 Scala Inc 22 – 3 Shinnihon Corp 34 –
4 SCREEN Holdings Co Ltd 222 0.01 5 Shinoken Group Co Ltd 38 –
4 Scroll Corp 18 – 17 Shinsei Bank Ltd 231 0.01
4 SCSK Corp 163 0.01 1 Shinsho Corp 15 –
– SEC Carbon Ltd 24 – 1 Shinwa Co Ltd 17 –
9 Secom Co Ltd 779 0.03 11 Shionogi & Co Ltd 730 0.03
1 Secom Joshinetsu Co Ltd 15 – 4 Ship Healthcare Holdings Inc 147 0.01
1 Seed Co Ltd 17 – 17 Shiseido Co Ltd 1,083 0.04
18 Sega Sammy Holdings Inc 259 0.01 3 Shizuki Electric Co Inc 21 –
1 Seibu Electric & Machinery Co Ltd 10 – 33 Shizuoka Bank Ltd 299 0.01
23 Seibu Holdings Inc 429 0.02 9 Shizuoka Gas Co Ltd 74 –
2 Seika Corp 22 – 1 SHO-BOND Holdings Co Ltd 69 –
4 Seikagaku Corp 57 – 3 Shobunsha Publications Inc 12 –
4 Seikitokyu Kogyo Co Ltd 23 – 1 Shoei Co Ltd 31 –
28 Seiko Epson Corp 452 0.02 1 Shoei Foods Corp 51 –
3 Seiko Holdings Corp 71 – 1 Shofu Inc 10 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 108
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 9.06% (continued) Japan - 9.06% (continued)
1 Showa Aircraft Industry Co Ltd 17 – 46 Sumitomo Corp 702 0.02
7 Showa Corp 99 – 11 Sumitomo Dainippon Pharma Co Ltd 363 0.01
15 Showa Denko KK 590 0.02 2 Sumitomo Densetsu Co Ltd 40 –
2 Showa Sangyo Co Ltd 55 – 49 Sumitomo Electric Industries Ltd 690 0.02
17 Showa Shell Sekiyu KK 259 0.01 18 Sumitomo Forestry Co Ltd 266 0.01
1 SigmaXYZ Inc 8 – 12 Sumitomo Heavy Industries Ltd 400 0.01
4 Siix Corp 59 – 16 Sumitomo Metal Mining Co Ltd 481 0.02
1 Sinanen Holdings Co Ltd 29 – 21 Sumitomo Mitsui Construction Co Ltd 128 0.01
3 Sinfonia Technology Co Ltd 42 – 59 Sumitomo Mitsui Financial Group Inc 2,176 0.07
2 Sinko Industries Ltd 23 – 15 Sumitomo Mitsui Trust Holdings Inc 592 0.02
4 Sintokogio Ltd 39 – 5 Sumitomo Osaka Cement Co Ltd 238 0.01
1 SK-Electronics Co Ltd 24 – 1 Sumitomo Precision Products Co Ltd 16 –
19 SKY Perfect JSAT Holdings Inc 92 – 20 Sumitomo Realty & Development Co Ltd 742 0.03
18 Skylark Holdings Co Ltd 304 0.01 5 Sumitomo Riko Co Ltd 45 –
2 SMC Corp 683 0.02 26 Sumitomo Rubber Industries Ltd 353 0.01
1 SMK Corp 16 – 1 Sumitomo Seika Chemicals Co Ltd 43 –
5 SMS Co Ltd 83 – 9 Sumitomo Warehouse Co Ltd 113 0.01
6 SNT Corp 21 – 1 Sun Corp 4 –
4 Soda Nikka Co Ltd 24 – 4 Sun Frontier Fudousan Co Ltd 41 –
6 Sodick Co Ltd 46 – 1 Sun-Wa Technos Corp 15 –
54 SoftBank Group Corp 4,563 0.15 3 Suncall Corp 22 –
1 Softbank Technology Corp 26 – 5 Sundrug Co Ltd 166 0.01
– Software Service Inc 33 – 6 Suntory Beverage & Food Ltd 252 0.01
2 Sogo Medical Holdings Co Ltd 52 – 19 Suruga Bank Ltd 92 –
4 Sohgo Security Services Co Ltd 212 0.01 1 Sushiro Global Holdings Ltd 77 –
111 Sojitz Corp 394 0.01 7 Suzuken Co Ltd 383 0.01
1 Soken Chemical & Engineering Co Ltd 17 – 2 Suzuki Co Ltd 14 –
4 Solasto Corp 46 – 19 Suzuki Motor Corp 953 0.03
15 Sompo Holdings Inc 579 0.02 3 SWCC Showa Holdings Co Ltd 19 –
73 Sony Corp 3,838 0.13 7 Sysmex Corp 401 0.01
10 Sony Financial Holdings Inc 209 0.01 8 Systena Corp 98 –
3 Sosei Group Corp 34 – 3 Syuppin Co Ltd 25 –
8 Sotetsu Holdings Inc 246 0.01 3 T Hasegawa Co Ltd 46 –
6 SourceNext Corp 37 – 1 T RAD Co Ltd 18 –
1 Space Co Ltd 11 – 32 T&D Holdings Inc 460 0.02
3 Space Value Holdings Co Ltd 32 – 3 T&K Toka Co Ltd 33 –
9 Sparx Group Co Ltd 18 – 3 T-Gaia Corp 58 –
1 SPK Corp 10 – 4 Tachi-S Co Ltd 52 –
5 Square Enix Holdings Co Ltd 173 0.01 2 Tachibana Eletech Co Ltd 30 –
1 SRA Holdings 32 – 2 Tachikawa Corp 16 –
2 Srg Takamiya Co Ltd 15 – 12 Tadano Ltd 147 0.01
2 SRS Holdings Co Ltd 18 – 2 Taihei Dengyo Kaisha Ltd 49 –
2 St Marc Holdings Co Ltd 59 – 13 Taiheiyo Cement Corp 447 0.02
11 Stanley Electric Co Ltd 336 0.01 2 Taiho Kogyo Co Ltd 21 –
1 Star Mica Co Ltd 17 – 3 Taikisha Ltd 73 –
4 Star Micronics Co Ltd 64 – 1 Taiko Bank Ltd 21 –
4 Starts Corp Inc 96 – 18 Taisei Corp 779 0.03
1 Starzen Co Ltd 31 – 1 Taisei Lamick Co Ltd 22 –
2 Stella Chemifa Corp 45 – 2 Taisho Pharmaceutical Holdings Co Ltd 209 0.01
1 Step Co Ltd 15 – 2 Taiyo Holdings Co Ltd 48 –
1 Strike Co Ltd 18 – 14 Taiyo Nippon Sanso Corp 240 0.01
1 Studio Alice Co Ltd 23 – 12 Taiyo Yuden Co Ltd 239 0.01
47 Subaru Corp 1,049 0.04 1 Takachiho Koheki Co Ltd 5 –
– Subaru Enterprise Co Ltd 20 – 1 Takamatsu Construction Group Co Ltd 36 –
3 Sugi Holdings Co Ltd 127 0.01 1 Takano Co Ltd 9 –
1 Sugimoto & Co Ltd 13 – 2 Takaoka Toko Co Ltd 24 –
20 Sumco Corp 309 0.01 2 Takara Bio Inc 43 –
4 Sumida Corp 58 – 14 Takara Holdings Inc 184 0.01
1 Suminoe Textile Co Ltd 22 – 10 Takara Leben Co Ltd 30 –
8 Sumiseki Holdings Inc 8 – 5 Takara Standard Co Ltd 81 –
3 Sumitomo Bakelite Co Ltd 124 0.01 2 Takasago International Corp 55 –
168 Sumitomo Chemical Co Ltd 915 0.03 4 Takasago Thermal Engineering Co Ltd 79 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 109
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 9.06% (continued) Japan - 9.06% (continued)
1 Takashima & Co Ltd 13 – 3 Toho Titanium Co Ltd 37 –
15 Takashimaya Co Ltd 226 0.01 2 Toho Zinc Co Ltd 61 –
2 Take And Give Needs Co Ltd 32 – 1 Tohoku Bank Ltd 12 –
2 TAKEBISHI CORP 21 – 32 Tohoku Electric Power Co Inc 418 0.02
41 Takeda Pharmaceutical Co Ltd 1,540 0.05 4 Tohokushinsha Film Corp 20 –
2 Takeei Corp 14 – 15 Tokai Carbon Co Ltd 209 0.01
– Takemoto Yohki Co Ltd 10 – 3 Tokai Corp 64 –
4 Takeuchi Manufacturing Co Ltd 75 – 9 TOKAI Holdings Corp 77 –
– Taki Chemical Co Ltd 17 – 8 Tokai Rika Co Ltd 140 0.01
1 Takihyo Co Ltd 10 – 29 Tokai Tokyo Financial Holdings Inc 141 0.01
1 Takisawa Machine Tool Co Ltd 10 – 1 Token Corp 70 –
7 Takuma Co Ltd 100 0.01 29 Tokio Marine Holdings Inc 1,423 0.05
3 Tama Home Co Ltd 33 – 1 Tokushu Tokai Paper Co Ltd 45 –
2 Tamron Co Ltd 27 – 8 Tokuyama Corp 212 0.01
9 Tamura Corp 52 – 2 Tokyo Base Co Ltd 9 –
2 Tanseisha Co Ltd 27 – 4 Tokyo Broadcasting System Holdings Inc 77 –
3 Tateru Inc 9 – 4 Tokyo Century Corp 196 0.01
4 Tatsuta Electric Wire and Cable Co Ltd 19 – 11 Tokyo Dome Corp 97 –
1 Tayca Corp 25 – 112 Tokyo Electric Power Co Holdings Inc 679 0.02
2 Tazmo Co Ltd 13 – 1 Tokyo Electron Device Ltd 17 –
4 TBK Co Ltd 15 – 7 Tokyo Electron Ltd 988 0.03
8 TDK Corp 675 0.02 3 Tokyo Energy & Systems Inc 25 –
1 TechMatrix Corp 22 – 27 Tokyo Gas Co Ltd 691 0.02
1 Techno Medica Co Ltd 14 – 1 Tokyo Individualized Educational Institute Inc 6 –
3 Techno Ryowa Ltd 23 – 2 Tokyo Keiki Inc 15 –
3 TechnoPro Holdings Inc 165 0.01 4 Tokyo Kiraboshi Financial Group Inc 77 –
2 Tecnos Japan Inc 14 – 4 Tokyo Ohka Kogyo Co Ltd 143 0.01
27 Teijin Ltd 468 0.02 1 Tokyo Rakutenchi Co Ltd 21 –
1 Teikoku Electric Manufacturing Co Ltd 20 – 2 Tokyo Rope Manufacturing Co Ltd 19 –
2 Teikoku Sen-I Co Ltd 35 – 3 Tokyo Sangyo Co Ltd 15 –
2 Teikoku Tsushin Kogyo Co Ltd 21 – 4 Tokyo Seimitsu Co Ltd 126 0.01
2 Tekken Corp 43 – 12 Tokyo Steel Manufacturing Co Ltd 105 0.01
2 Tenma Corp 35 – 23 Tokyo Tatemono Co Ltd 267 0.01
2 Teraoka Seisakusho Co Ltd 9 – 1 Tokyo Tekko Co Ltd 12 –
13 Terumo Corp 784 0.03 2 Tokyo Theatres Co Inc 21 –
13 THK Co Ltd 309 0.01 1 Tokyotokeiba Co Ltd 21 –
2 Tigers Polymer Corp 12 – 12 Tokyu Construction Co Ltd 119 0.01
7 TIS Inc 342 0.01 38 Tokyu Corp 659 0.02
2 TKC Corp 61 – 60 Tokyu Fudosan Holdings Corp 334 0.01
4 Toa Corp (Hyogo) 44 – – Tokyu Recreation Co Ltd 18 –
1 Toa Corp (Tokyo) 19 – 7 Toli Corp 18 –
– Toa Oil Co Ltd 7 – 1 Tomato Bank Ltd 11 –
1 Toa Road Corp 17 – 1 Tomen Devices Corp 11 –
14 Toagosei Co Ltd 159 0.01 3 Tomoe Corp 12 –
1 Toba Inc 15 – 1 Tomoe Engineering Co Ltd 15 –
3 Tobishima Corp 46 – 1 Tomoku Co Ltd 23 –
14 Tobu Railway Co Ltd 413 0.02 18 TOMONY Holdings Inc 76 –
6 TOC Co Ltd 44 – 12 Tomy Co Ltd 151 0.01
6 Tocalo Co Ltd 53 – 1 Tonami Holdings Co Ltd 57 –
10 Tochigi Bank Ltd 25 – 11 Topcon Corp 170 0.01
24 Toda Corp 162 0.01 7 Toppan Forms Co Ltd 61 –
– Toda Kogyo Corp 6 – 16 Toppan Printing Co Ltd 266 0.01
1 Toei Animation Co Ltd 38 – 5 Topre Corp 110 0.01
1 Toei Co Ltd 85 – 2 Topy Industries Ltd 50 –
1 Toell Co Ltd 8 – 95 Toray Industries Inc 747 0.03
1 Toenec Corp 28 – 2 Torex Semiconductor Ltd 22 –
1 Togami Electric Manufacturing Co Ltd 14 – 3 Toridoll Holdings Corp 49 –
23 Toho Bank Ltd 76 – 2 Torigoe Co Ltd 14 –
1 Toho Co Ltd (Kobe) 21 – 2 Torii Pharmaceutical Co Ltd 39 –
6 Toho Co Ltd (Tokyo) 195 0.01 1 Torikizoku Co Ltd 20 –
7 Toho Gas Co Ltd 284 0.01 3 Torishima Pump Manufacturing Co Ltd 24 –
6 Toho Holdings Co Ltd 159 0.01 5 Tosei Corp 44 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 110
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 9.06% (continued) Japan - 9.06% (continued)
10 Toshiba Corp 313 0.01 3 U-Shin Ltd 29 –
3 Toshiba Machine Co Ltd 56 – 4 UACJ Corp 84 –
4 Toshiba Plant Systems & Services Corp 96 – 15 Ube Industries Ltd 345 0.01
2 Toshiba TEC Corp 59 – 2 UKC Holdings Corp 49 –
2 Tosho Co Ltd 60 – 6 Ulvac Inc 214 0.01
2 Tosho Printing Co Ltd 15 – 1 UMC Electronics Co Ltd 11 –
30 Tosoh Corp 429 0.02 – Umenohana Co Ltd 9 –
1 Totech Corp 27 – 18 Unicharm Corp 564 0.02
3 Totetsu Kogyo Co Ltd 74 – 1 Uniden Holdings Corp 22 –
10 TOTO Ltd 407 0.02 1 UNIMAT Retirement Community Co Ltd 17 –
1 Totoku Electric Co Ltd 14 – 5 Unipres Corp 100 0.01
1 Tottori Bank Ltd 14 – 2 United Arrows Ltd 57 –
3 Tow Co Ltd 20 – 1 UNITED Inc 18 –
4 Towa Bank Ltd 35 – 6 United Super Markets Holdings Inc 66 –
3 Towa Corp 18 – 5 Unitika Ltd 25 –
1 Towa Pharmaceutical Co Ltd 59 – 3 Universal Entertainment Corp 89 –
8 Toyo Construction Co Ltd 29 – 3 Unizo Holdings Co Ltd 51 –
3 Toyo Corp 28 – 15 Ushio Inc 165 0.01
1 Toyo Denki Seizo KK 12 – 14 USS Co Ltd 241 0.01
4 Toyo Engineering Corp 29 – 2 UT Group Co Ltd 40 –
4 Toyo Ink SC Holdings Co Ltd 109 0.01 3 Utoc Corp 16 –
1 Toyo Kanetsu KK 21 – 1 Uzabase Inc 17 –
7 Toyo Logistics Co Ltd 18 – 1 V Technology Co Ltd 71 –
3 Toyo Machinery & Metal Co Ltd 14 – 5 Valor Holdings Co Ltd 132 0.01
10 Toyo Securities Co Ltd 18 – 2 Valqua Ltd 39 –
17 Toyo Seikan Group Holdings Ltd 390 0.01 1 Value Commerce Co Ltd 12 –
8 Toyo Suisan Kaisha Ltd 278 0.01 3 Vector Inc 44 –
1 Toyo Tanso Co Ltd 31 – 1 Vertex Corp 12 –
14 Toyo Tire & Rubber Co Ltd 226 0.01 2 VIA Holdings Inc 14 –
1 Toyo Wharf & Warehouse Co Ltd 10 – 1 Vision Inc 34 –
12 Toyobo Co Ltd 171 0.01 5 Vital KSK Holdings Inc 58 –
9 Toyoda Gosei Co Ltd 174 0.01 1 Vitec Holdings Co Ltd 17 –
10 Toyota Boshoku Corp 158 0.01 1 Voyage Group Inc 12 –
5 Toyota Industries Corp 283 0.01 9 VT Holdings Co Ltd 38 –
158 Toyota Motor Corp 9,564 0.32 6 Wacoal Holdings Corp 167 0.01
13 Toyota Tsusho Corp 436 0.02 10 Wacom Co Ltd 49 –
3 TPR Co Ltd 62 – 1 Wakachiku Construction Co Ltd 20 –
1 Trancom Co Ltd 29 – 5 Wakita & Co Ltd 58 –
1 Transaction Co Ltd 9 – 2 Warabeya Nichiyo Holdings Co Ltd 26 –
8 Trend Micro Inc 488 0.02 1 Watahan & Co Ltd 17 –
– Tri Chemical Laboratories Inc 16 – 1 WATAMI Co Ltd 16 –
2 Trinity Industrial Corp 10 – 1 WDB Holdings Co Ltd 25 –
2 Trusco Nakayama Corp 68 – 1 Weathernews Inc 17 –
1 Trust Tech Inc 17 – 4 Welcia Holdings Co Ltd 198 0.01
6 TS Tech Co Ltd 166 0.01 3 West Holdings Corp 32 –
8 TSI Holdings Co Ltd 55 – 8 West Japan Railway Co 572 0.02
4 Tsubaki Nakashima Co Ltd 62 – 2 Will Group Inc 16 –
3 Tsubakimoto Chain Co 127 0.01 1 WIN-Partners Co Ltd 12 –
1 Tsubakimoto Kogyo Co Ltd 15 – 2 WirelessGate Inc 7 –
1 Tsudakoma Corp 23 – 1 Wood One Co Ltd 12 –
7 Tsugami Corp 53 – 1 Workman Co Ltd 31 –
4 Tsukada Global Holdings Inc 23 – 1 World Holdings Co Ltd 31 –
4 Tsukishima Kikai Co Ltd 42 – 1 Wowow Inc 21 –
9 Tsukuba Bank Ltd 20 – 3 Xebio Holdings Co Ltd 45 –
6 Tsukui Corp 59 – 3 YA-MAN Ltd 41 –
6 Tsumura & Co 180 0.01 1 YAC Holdings Co Ltd 9 –
2 Tsuruha Holdings Inc 188 0.01 1 Yachiyo Industry Co Ltd 7 –
2 Tsurumi Manufacturing Co Ltd 38 – 1 Yagi & Co Ltd 15 –
1 Tsutsumi Jewelry Co Ltd 15 – 4 Yahagi Construction Co Ltd 30 –
3 TV Asahi Holdings Corp 56 – 67 Yahoo Japan Corp 193 0.01
2 Tv Tokyo Holdings Corp 36 – 1 Yaizu Suisankagaku Industry Co Ltd 13 –
1 TYK Corp 5 – 5 Yakult Honsha Co Ltd 355 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 111
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 9.06% (continued) Netherlands - 1.02% (continued)
1 Yakuodo Co Ltd 30 – 2 Accell Group NV 51 –
4 Yamabiko Corp 45 – 123 Aegon NV 683 0.02
1 Yamada Consulting Group Co Ltd 16 – 19 Akzo Nobel NV 1,562 0.05
43 Yamada Denki Co Ltd 210 0.01 46 Altice NV, Class A 113 –
4 Yamagata Bank Ltd 86 – 6 Altice NV, Class B 15 –
22 Yamaguchi Financial Group Inc 228 0.01 3 AMG Advanced Metallurgical Group NV 147 0.01
8 Yamaha Corp 328 0.01 2 Amsterdam Commodities NV 33 –
34 Yamaha Motor Co Ltd 693 0.02 7 APERAM SA 197 0.01
2 Yamaichi Electronics Co Ltd 31 – 9 Arcadis NV 116 –
4 Yamanashi Chuo Bank Ltd 66 – 45 ArcelorMittal 1,030 0.03
2 Yamatane Corp 31 – 6 ASM International NV 244 0.01
3 Yamato Corp 14 – 18 ASML Holding NV 3,114 0.10
15 Yamato Holdings Co Ltd 402 0.02 1 ASML Holding NV 171 0.01
2 Yamato International Inc 8 – 18 ASR Nederland NV 760 0.03
5 Yamato Kogyo Co Ltd 131 0.01 3 Basic-Fit NV 95 –
– Yamaya Corp 9 – 7 BE Semiconductor Industries NV 161 0.01
15 Yamazaki Baking Co Ltd 327 0.01 1 Beter Bed Holding NV 7 –
1 Yamazawa Co Ltd 17 – 9 BinckBank NV 45 –
6 Yamazen Corp 69 – 11 Boskalis Westminster 315 0.01
2 Yaoko Co Ltd 108 0.01 2 Brunel International NV 27 –
3 Yashima Denki Co Ltd 20 – 12 Coca-Cola European Partners PLC (Netherlands
listing) 555 0.02
17 Yaskawa Electric Corp 534 0.02
11 Coca-Cola European Partners PLC (US listing) 517 0.02
2 Yasuda Logistics Corp 12 –
7 Corbion NV 213 0.01
1 Yasunaga Corp 17 –
3 Flow Traders 103 –
2 Yellow Hat Ltd 55 –
5 ForFarmers NV 48 –
2 Yodogawa Steel Works Ltd 49 –
9 Fugro NV 110 –
4 Yokogawa Bridge Holdings Corp 62 –
6 Gemalto NV 369 0.01
13 Yokogawa Electric Corp 238 0.01
7 GrandVision NV 147 0.01
5 Yokohama Reito Co Ltd 41 –
3 Heijmans NV 34 –
16 Yokohama Rubber Co Ltd 336 0.01
13 Heineken NV 1,223 0.04
2 Yokowo Co Ltd 29 –
1 Hunter Douglas NV 44 –
1 Yomeishu Seizo Co Ltd 15 –
4 IMCD NV 254 0.01
– Yomiuri Land Co Ltd 15 –
137 ING Groep NV 1,653 0.06
1 Yondenko Corp 19 –
7 Intertrust NV 106 –
2 Yondoshi Holdings Inc 41 –
2 KAS Bank NV 14 –
2 Yorozu Corp 22 –
2 Kendrion NV 40 –
3 Yoshinoya Holdings Co Ltd 60 –
94 Koninklijke Ahold Delhaize NV 2,423 0.08
1 Yossix Co Ltd 26 –
29 Koninklijke BAM Groep NV 93 –
4 Yotai Refractories Co Ltd 25 –
14 Koninklijke DSM NV 1,230 0.04
2 Yuasa Trading Co Ltd 60 –
341 Koninklijke KPN NV 1,011 0.03
1 Yuken Kogyo Co Ltd 9 –
46 Koninklijke Philips NV 1,748 0.06
2 Yume No Machi Souzou Iinkai Co Ltd 41 –
7 Koninklijke Vopak NV 328 0.01
3 Yumeshin Holdings Co Ltd 23 –
1 Lucas Bols BV 9 –
5 Yurtec Corp 41 –
– Nederland Apparatenfabriek 24 –
2 Yushiro Chemical Industry Co Ltd 19 –
21 NN Group NV 902 0.03
– Yutaka Giken Co Ltd 6 –
3 NXP Semiconductors NV 247 0.01
1 Zaoch Co Ltd 16 –
7 OCI NV 165 0.01
– Zenitaka Corp 15 –
8 Ordina NV 13 –
5 Zenkoku Hosho Co Ltd 171 0.01
41 PostNL NV 120 –
3 Zenrin Co Ltd 87 –
16 Randstad NV 772 0.03
8 Zensho Holdings Co Ltd 194 0.01
23 SBM Offshore NV 346 0.01
19 Zeon Corp 192 0.01
1 SIF Holding NV 14 –
2 ZERIA Pharmaceutical Co Ltd 44 –
13 Signify NV 356 0.01
4 ZIGExN Co Ltd 26 –
2 Sligro Food Group NV 99 –
3 Zojirushi Corp 30 –
1 Takeaway.com NV 58 –
14 ZOZO Inc 321 0.01
3 TKH Group NV 163 0.01
1 Zuiko Corp 16 –
15 TomTom NV 134 0.01
3 Zuken Inc 44 –
70 Unilever NV 3,889 0.13
274,219 9.06
5 Wessanen 57 –
Netherlands - 1.02%
23 Wolters Kluwer NV 1,362 0.05
12 Aalberts Industries NV 425 0.01
30,981 1.02
27 ABN AMRO Group NV 677 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 112
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
New Zealand - 0.15% Norway - 0.34% (continued)
46 a2 Milk Co Ltd 330 0.01 9 Axactor SE 23 –
2 Abano Healthcare Group Ltd 9 – 12 B2Holding ASA 20 –
83 Air New Zealand Ltd 176 0.01 4 Bakkafrost P/F 211 0.01
24 Arvida Group Ltd 22 – 3 Bonheur ASA 38 –
43 Auckland International Airport Ltd 215 0.01 10 Borregaard ASA 88 –
5 CBL Corp Ltd 4 – 13 BW LPG Ltd 52 –
50 Chorus Ltd 166 0.01 13 BW Offshore Ltd 55 –
61 Contact Energy Ltd 245 0.01 4 Data Respons ASA 10 –
9 EBOS Group Ltd 138 0.01 43 DNB ASA 746 0.03
31 Fisher & Paykel Healthcare Corp Ltd 285 0.01 87 DNO ASA 148 0.01
53 Fletcher Building Ltd 174 0.01 11 DOF ASA 6 –
6 Fonterra Co-operative Group Ltd 19 – 11 Entra ASA 141 0.01
13 Freightways Ltd 60 – 86 Equinor ASA 2,006 0.07
50 Genesis Energy Ltd 88 – 17 Europris ASA 47 –
4 Gentrack Group Ltd 16 – 12 FLEX LNG Ltd 20 –
3 Hallenstein Glasson Holdings Ltd 12 – 10 Frontline Ltd 71 –
43 Heartland Group Holdings Ltd 44 – 11 Gjensidige Forsikring ASA 179 0.01
57 Infratil Ltd 143 0.01 – Golar LNG Ltd 10 –
12 Kathmandu Holdings Ltd 23 – 5 Grieg Seafood ASA 66 –
6 Mainfreight Ltd 122 – 4 Hexagon Composites ASA 11 –
50 Mercury NZ Ltd 121 – 4 Hoegh LNG Holdings Ltd 21 –
82 Meridian Energy Ltd 186 0.01 52 Kongsberg Automotive ASA 55 –
23 Metlifecare Ltd 87 – 4 Kongsberg Gruppen ASA 54 –
8 Metro Performance Glass Ltd 3 – 21 Kvaerner ASA 30 –
25 New Zealand Refining Co Ltd 40 – 28 Leroy Seafood Group ASA 236 0.01
17 NZME Ltd 6 – 28 Marine Harvest ASA 652 0.02
17 NZX Ltd 12 – 74 NEL ASA 40 –
30 PGG Wrightson Ltd 12 – 2 Nordic Nanovector ASA 21 –
29 Port of Tauranga Ltd 102 – 9 Nordic Semiconductor ASA 40 –
9 Restaurant Brands New Zealand Ltd 53 – 95 Norsk Hydro ASA 448 0.02
23 Ryman Healthcare Ltd 181 0.01 1 Norway Royal Salmon ASA 22 –
5 Sanford Ltd 22 – 2 Norwegian Air Shuttle ASA 52 –
8 Scales Corp Ltd 24 – 9 Norwegian Finans Holding ASA 78 –
13 Skellerup Holdings Ltd 18 – 13 Norwegian Property ASA 16 –
53 SKY Network Television Ltd 86 – 8 Ocean Yield ASA 58 –
74 SKYCITY Entertainment Group Ltd 184 0.01 9 Odfjell Drilling Ltd 29 –
148 Spark New Zealand Ltd 432 0.01 3 Odfjell SE 10 –
29 Steel & Tube Holdings Ltd 25 – 2 Olav Thon Eiendomsselskap ASA 36 –
26 Summerset Group Holdings Ltd 116 – 43 Orkla ASA 353 0.01
5 Synlait Milk Ltd 34 – 9 Otello Corp ASA 14 –
13 Tourism Holdings Ltd 44 – 42 Petroleum Geo-Services ASA 91 –
59 Tower Ltd 31 – 7 Prosafe SE 15 –
40 Trade Me Group Ltd 167 0.01 5 Protector Forsikring ASA 27 –
7 Trustpower Ltd 30 – 307 REC Silicon ASA 24 –
5 Turners Automotive Group Ltd 9 – 4 Salmar ASA 227 0.01
25 Vector Ltd 57 – 8 Sbanken ASA 80 –
4 Vista Group International Ltd 10 – 7 Scatec Solar ASA 64 –
10 Warehouse Group Ltd 14 – 4 Schibsted ASA, Class A 161 0.01
36 Z Energy Ltd 141 0.01 5 Schibsted ASA, Class B 184 0.01
4,538 0.15 4 Selvaag Bolig ASA 19 –
Norway - 0.34% 17 Solstad Offshore ASA 4 –
34 ABG Sundal Collier Holding ASA 19 – 18 SpareBank 1 SR-Bank ASA 194 0.01
2 AF Gruppen ASA 38 – 6 Spectrum ASA 32 –
22 Akastor ASA 33 – 3 Stolt-Nielsen Ltd 36 –
3 Aker ASA 174 0.01 36 Storebrand ASA 282 0.01
10 Aker BP ASA 289 0.01 18 Subsea 7 SA 195 0.01
17 Aker Solutions ASA 85 – 34 Telenor ASA 657 0.02
9 American Shipping Co ASA 36 – 11 TGS Nopec Geophysical Co ASA 306 0.01
10 Archer Ltd 7 – 8 Tomra Systems ASA 208 0.01
8 Atea ASA 112 – 5 Treasure ASA 6 –
12 Austevoll Seafood ASA 164 0.01 10 Veidekke ASA 111 –
4 Avance Gas Holding Ltd 8 – 5 Wallenius Wilhelmsen ASA 19 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 113
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Norway - 0.34% (continued) Singapore - 0.41% (continued)
2 Wilh Wilhelmsen Holding ASA 37 – 3 Great Eastern Holdings Ltd 59 –
5 XXL ASA 23 – 34 GuocoLand Ltd 43 –
7 Yara International ASA 281 0.01 58 Halcyon Agri Corp Ltd 17 –
10,461 0.34 17 Haw Par Corp Ltd 158 0.01
Portugal - 0.08% 42 Health Management International Ltd 17 –
8 Altri SGPS SA 55 – 21 Hi-P International Ltd 17 –
1,054 Banco Comercial Portugues SA 297 0.01 19 Ho Bee Land Ltd 34 –
130 Banco Espirito Santo SA – – 36 Hong Fok Corp Ltd 18 –
8 CTT-Correios de Portugal SA 35 – 25 Hong Leong Asia Ltd 10 –
165 EDP - Energias de Portugal SA 578 0.02 30 Hong Leong Finance Ltd 57 –
21 EDP Renovaveis SA 183 0.01 48 Hongkong Land Holdings Ltd 315 0.01
36 Galp Energia SGPS SA 589 0.02 624 Hutchison Port Holdings Trust 163 0.01
19 Jeronimo Martins SGPS SA 224 0.01 66 Hyflux Ltd 1 –
10 Mota-Engil SGPS SA 20 – 14 iFAST Corp Ltd 12 –
23 Navigator Co SA 96 – 17 Indofood Agri Resources Ltd 2 –
30 NOS SGPS SA 188 0.01 95 Japfa Ltd 50 –
34 REN - Redes Energeticas Nacionais SGPS SA 94 – 8 Jardine Cycle & Carriage Ltd 202 0.01
3 Semapa-Sociedade de Investimento e Gestao 43 – 28 k1 Ventures Ltd – –
14 Sonae Capital SGPS SA 13 – 91 Keppel Corp Ltd 405 0.02
79 Sonae SGPS SA 75 – 284 Keppel Infrastructure Trust 95 0.01
12 Keppel Telecommunications & Transportation Ltd 17 –
2,490 0.08
27 KSH Holdings Ltd 10 –
Singapore - 0.41%
31 Lian Beng Group Ltd 10 –
122 Accordia Golf Trust 48 –
24 M1 Ltd 36 –
21 AEM Holdings Ltd 15 –
15 Mandarin Oriental International Ltd 30 –
55 Ascendas India Trust 42 –
54 Metro Holdings Ltd 43 –
52 Banyan Tree Holdings Ltd 20 –
102 Midas Holdings Ltd 5 –
29 Best World International Ltd 49 –
49 MM2 Asia Ltd 13 –
9 Boustead Projects Ltd 5 –
113 Nam Cheong Ltd 1 –
30 Boustead Singapore Ltd 17 –
68 Olam International Ltd 84 –
21 Breadtalk Group Ltd 13 –
46 OUE Ltd 52 –
22 Bukit Sembawang Estates Ltd 87 0.01
181 Oversea-Chinese Banking Corp Ltd 1,490 0.05
145 CapitaLand Ltd 330 0.01
119 Oxley Holdings Ltd 26 –
41 Centurion Corp Ltd 12 –
84 Pacc Offshore Services Holdings Ltd 12 –
47 China Aviation Oil Singapore Corp Ltd 43 –
47 Pacific Century Regional Developments Ltd 12 –
36 China Sunsine Chemical Holdings Ltd 34 –
31 Perennial Real Estate Holdings Ltd 16 –
49 Chip Eng Seng Corp Ltd 27 –
34 Q&M Dental Group Singapore Ltd 12 –
45 Chuan Hup Holdings Ltd 10 –
35 QAF Ltd 15 –
59 CITIC Envirotech Ltd 19 –
122 Raffles Education Corp Ltd 12 –
29 City Developments Ltd 177 0.01
57 Raffles Medical Group Ltd 49 –
208 ComfortDelGro Corp Ltd 319 0.01
75 RHT Health Trust 41 –
62 COSCO Shipping International Singapore Co Ltd 17 –
40 Riverstone Holdings Ltd 36 –
4 Creative Technology Ltd 17 –
55 Roxy-Pacific Holdings Ltd 16 –
67 CSE Global Ltd 21 –
62 SATS Ltd 216 0.01
21 Dairy Farm International Holdings Ltd 185 0.01
140 Sembcorp Industries Ltd 267 0.01
55 DBS Group Holdings Ltd 986 0.03
41 Sembcorp Marine Ltd 48 –
102 Del Monte Pacific Ltd 12 –
40 Sheng Siong Group Ltd 32 –
31 Delfi Ltd 29 –
11 SIA Engineering Co Ltd 20 –
3 Delong Holdings Ltd 12 –
99 SIIC Environment Holdings Ltd 19 –
367 Ezion Holdings Ltd 16 –
111 Sinarmas Land Ltd 21 –
356 Ezra Holdings Ltd 3 –
52 Sing Holdings Ltd 14 –
16 Far East Orchard Ltd 15 –
63 Singapore Airlines Ltd 439 0.02
44 First Resources Ltd 53 –
54 Singapore Exchange Ltd 287 0.01
42 Food Empire Holdings Ltd 16 –
121 Singapore Post Ltd 87 0.01
7 Fraser and Neave Ltd 9 –
154 Singapore Press Holdings Ltd 297 0.01
42 Frasers Property Ltd 51 –
103 Singapore Technologies Engineering Ltd 267 0.01
44 Frencken Group Ltd 13 –
337 Singapore Telecommunications Ltd 758 0.03
128 Gallant Venture Ltd 12 –
82 Sino Grandness Food Industry Group Ltd 9 –
364 Genting Singapore Ltd 259 0.01
38 Stamford Land Corp Ltd 14 –
124 Geo Energy Resources Ltd 16 –
61 StarHub Ltd 85 –
42 GL Ltd 23 –
8 Straits Trading Co Ltd 12 –
761 Golden Agri-Resources Ltd 136 0.01
23 Sunningdale Tech Ltd 23 –
52 Golden Energy & Resources Ltd 9 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 114
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Singapore - 0.41% (continued) Spain - 0.92% (continued)
7 Swiber Holdings Ltd – – 342 Iberdrola SA 2,556 0.09
101 Tuan Sing Holdings Ltd 25 – – Iberpapel Gestion SA 13 –
79 UMS Holdings Ltd 36 – 11 Indra Sistemas SA 113 –
42 United Engineers Ltd 80 – 44 Industria de Diseno Textil SA 1,363 0.05
21 United Industrial Corp Ltd 43 – 290 Liberbank SA 138 0.01
81 United Overseas Bank Ltd 1,481 0.05 137 Mapfre SA 393 0.01
32 UOB-Kay Hian Holdings Ltd 28 – 15 Mediaset Espana Comunicacion SA 102 –
58 UOL Group Ltd 259 0.01 10 Melia Hotels International SA 100 –
49 Valuetronics Holdings Ltd 24 – 1 Miquel y Costas & Miquel SA (voting rights) 24 –
25 Venture Corp Ltd 274 0.01 1 Miquel y Costas & Miquel SA (non-voting rights) 14 –
38 Wheelock Properties Singapore Ltd 59 – 30 Naturgy Energy Group SA 735 0.03
85 Wilmar International Ltd 189 0.01 11 Obrascon Huarte Lain SA 11 –
53 Wing Tai Holdings Ltd 75 – 5 Papeles y Cartones de Europa SA 93 –
96 Yongnam Holdings Ltd 12 – 11 Pharma Mar SA 13 –
12,390 0.41 37 Promotora de Informaciones SA 77 –
South Africa - 0.00% 29 Prosegur Cia de Seguridad SA 151 0.01
73 Old Mutual Ltd 120 – 14 Quabit Inmobiliaria SA 27 –
29 Realia Business SA 30 –
120 –
40 Red Electrica Corp SA 854 0.03
Spain - 0.92%
90 Repsol SA 1,551 0.05
3 Acciona SA 315 0.01
46 Sacyr SA 106 –
22 Acerinox SA 222 0.01
13 Siemens Gamesa Renewable Energy SA 184 0.01
23 ACS Actividades de Construccion y Servicios SA 884 0.03
9 Solaria Energia y Medio Ambiente SA 44 –
6 Aena SME SA 914 0.03
6 Talgo SA 36 –
– Alantra Partners SA 3 –
2 Tecnicas Reunidas SA 62 –
4 Almirall SA 73 –
244 Telefonica SA 2,196 0.07
27 Amadeus IT Group SA 1,921 0.06
10 Tubacex SA 33 –
86 Amper SA 27 –
6 Tubos Reunidos SA 1 –
13 Applus Services SA 157 0.01
2 Vidrala SA (voting rights) 139 0.01
7 Atresmedia Corp de Medios de Comunicacion SA 39 –
– Vidrala SA (non-voting rights) 7 –
310 Banco Bilbao Vizcaya Argentaria SA 1,763 0.06
4 Viscofan SA 240 0.01
535 Banco de Sabadell SA 684 0.02
8 Vocento SA 10 –
740 Banco Santander SA 3,515 0.12
18 Zardoya Otis SA 129 0.01
71 Bankia SA 235 0.01
27,999 0.92
49 Bankinter SA 409 0.01
– Baron de Ley 12 – Sweden - 1.00%
8 Bolsas y Mercados Espanoles SHMSF SA 233 0.01 13 AAK AB 193 0.01
212 CaixaBank SA 875 0.03 8 AcadeMedia AB 40 –
14 Cellnex Telecom SA 386 0.01 11 Acando AB 39 –
6 Cia de Distribucion Integral Logista Holdings SA 159 0.01 2 AddLife AB 51 –
7 CIE Automotive SA 165 0.01 2 AddNode Group AB 23 –
2 Construcciones y Auxiliar de Ferrocarriles SA 73 – 6 AddTech AB 110 –
14 Deoleo SA 1 – 7 AF AB 132 0.01
44 Distribuidora Internacional de Alimentacion SA 33 – 40 Ahlsell AB 194 0.01
128 Duro Felguera SA 2 – 1 Ahlstrom-Munksjo Oyj 1 –
8 Ebro Foods SA 156 0.01 18 Alfa Laval AB 390 0.01
7 eDreams Odigeo SA 25 – 4 Alimak Group AB 52 –
3 Elecnor SA 42 – 24 Arjo AB 81 –
23 Enagas SA 629 0.02 38 Assa Abloy AB 716 0.02
17 Ence Energia y Celulosa SA 106 – 30 Atlas Copco AB, Class A 734 0.03
24 Endesa SA 537 0.02 18 Atlas Copco AB, Class B 398 0.01
10 Ercros SA 41 – 5 Atrium Ljungberg AB 81 –
7 Euskaltel SA 64 – 11 Attendo AB 97 –
22 Faes Farma SA 86 – 2 Avanza Bank Holding AB 108 –
1 Ferrovial SA 15 – 8 Axfood AB 141 0.01
31 Ferrovial SA 636 0.02 2 BE Group AB 7 –
6 Fluidra SA 81 – 3 Beijer Alma AB 49 –
6 Fomento de Construcciones y Contratas SA 81 – 5 Beijer Ref AB 82 –
6 Global Dominion Access SA 30 – 3 Bergman & Beving AB 31 –
23 Grifols SA 644 0.02 1 Besqab AB 9 –
3 Grupo Catalana Occidente SA 127 – 16 Betsson AB 128 0.01
4 Grupo Empresarial San Jose SA 23 – 10 Bilia AB 92 –
42 Grupo Ezentis SA 31 – 21 BillerudKorsnas AB 281 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 115
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Sweden - 1.00% (continued) Sweden - 1.00% (continued)
1 BioGaia AB 54 – 10 Intrum AB 255 0.01
3 Biotage AB 42 – 7 Inwido AB 46 –
1 Bjorn Borg AB 3 – 3 ITAB Shop Concept AB 6 –
26 Boliden AB 593 0.02 8 JM AB 156 0.01
1 Bonava AB, Class A 12 – 8 KappAhl AB 21 –
9 Bonava AB, Class B 112 0.01 20 Karo Pharma AB 82 –
22 Bravida Holding AB 159 0.01 16 Kindred Group PLC, SDR 160 0.01
3 Bufab AB 30 – 48 Klovern AB 55 –
1 Bulten AB 15 – 2 KNOW IT AB 30 –
6 Bure Equity AB 81 – 18 Kungsleden AB 128 0.01
6 Byggmax Group AB 24 – 5 Lagercrantz Group AB 47 –
23 Castellum AB 395 0.01 3 Lifco AB 116 0.01
2 Catena AB 45 – 9 Lindab International AB 65 –
4 Cavotec SA 8 – 9 Loomis AB 315 0.01
3 Clas Ohlson AB 24 – 14 Lundin Petroleum AB 360 0.01
23 Cloetta AB 65 – 1 Medivir AB 5 –
2 CLX Communications AB 18 – 2 Mekonomen AB 22 –
2 Collector AB 14 – 7 Millicom International Cellular SA 401 0.01
3 Concentric AB 47 – 2 Momentum Group AB 22 –
6 Coor Service Management Holding AB 50 – 4 MQ Holding AB 6 –
12 Corem Property Group AB 14 – 6 Mycronic AB 79 –
9 Dios Fastigheter AB 57 – 8 NCC AB 128 0.01
37 Dometic Group AB 262 0.01 2 Nederman Holding AB 23 –
4 Doro AB 14 – 24 Net Insight AB 8 –
3 Duni AB 40 – 18 NetEnt AB 75 –
8 Dustin Group AB 68 – 8 New Wave Group AB 45 –
2 Eastnine AB 22 – 22 Nibe Industrier AB 228 0.01
1 Elanders AB 9 – 15 Nobia AB 89 –
18 Electrolux AB 409 0.01 10 Nobina AB 65 –
20 Elekta AB 243 0.01 2 Nolato AB 82 –
6 Eltel AB 10 – 130 Nordea Bank Abp 1,157 0.04
2 Enea AB 18 – 2 Nordic Waterproofing Holding AS 14 –
17 Epiroc AB, Class A 136 0.01 2 NP3 Fastigheter AB 16 –
28 Epiroc AB, Class B 228 0.01 17 Nyfosa AB 80 –
2 Essity AB, Class A 46 – 1 OEM International AB 32 –
29 Essity AB, Class B 755 0.03 17 Opus Group AB 10 –
1 eWork Group AB 11 – 9 Pandox AB 142 0.01
24 Fabege AB 304 0.01 24 Peab AB 191 0.01
3 Fagerhult AB 25 – 6 Platzer Fastigheter Holding AB 39 –
9 Fastighets AB Balder 244 0.01 17 Pricer AB 19 –
4 FastPartner AB 25 – 1 Proact IT Group AB 26 –
– Fenix Outdoor International AG 35 – 8 Qliro Group AB 10 –
39 Fingerprint Cards AB 51 – 7 Radisson Hospitality AB 27 –
30 Getinge AB 314 0.01 29 Ratos AB 80 –
10 Granges AB 100 – 2 RaySearch Laboratories AB 26 –
3 Gunnebo AB 9 – 7 Recipharm AB 102 –
4 Haldex AB 28 – 9 Resurs Holding AB 57 –
4 Hembla AB 62 – 23 Rottneros AB 25 –
17 Hemfosa Fastigheter AB 135 0.01 5 Saab AB 199 0.01
39 Hennes & Mauritz AB 726 0.03 5 Sagax AB 73 –
11 Hexagon AB 528 0.02 62 Sandvik AB 915 0.03
22 Hexpol AB 193 0.01 34 SAS AB 83 –
4 HIQ International AB 22 – 7 Scandi Standard AB 46 –
2 HMS Networks AB 28 – 9 Scandic Hotels Group AB 82 –
8 Hoist Finance AB 63 – 2 Sectra AB 45 –
12 Holmen AB 252 0.01 19 Securitas AB 324 0.01
11 Hufvudstaden AB 163 0.01 3 Semcon AB 14 –
3 Humana AB 21 – 137 Sensys Gatso Group AB 30 –
2 Husqvarna AB, Class A 15 – 1 Skandinaviska Enskilda Banken 11 –
37 Husqvarna AB, Class B 290 0.01 87 Skandinaviska Enskilda Banken AB 908 0.03
6 ICA Gruppen AB 232 0.01 20 Skanska AB 315 0.01
7 Indutrade AB 176 0.01 2 SKF AB, Class A 34 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 116
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Sweden - 1.00% (continued) Switzerland - 2.45% (continued)
37 SKF AB, Class B 589 0.02 – Cie Financiere Tradition SA 40 –
3 SkiStar AB 69 – 29 Clariant AG 567 0.02
18 SSAB AB, Class A 63 – – Coltene Holding AG 30 –
45 SSAB AB, Class B 132 0.01 – Conzzeta AG 128 0.01
2 Svenska Cellulosa AB SCA, Class A 19 – 97 Credit Suisse Group AG 1,150 0.04
52 Svenska Cellulosa AB SCA, Class B 419 0.02 1 Daetwyler Holding AG 101 –
68 Svenska Handelsbanken AB, Class A 754 0.03 4 DKSH Holding AG 236 0.01
2 Svenska Handelsbanken AB, Class B 19 – – dormakaba Holding AG 213 0.01
6 Sweco AB 123 0.01 – Dottikon Es Holding AG 8 –
49 Swedbank AB 1,145 0.04 4 Dufry AG 440 0.02
13 Swedish Match AB 523 0.02 13 EFG International AG 88 –
10 Swedish Orphan Biovitrum AB 225 0.01 – Emmi AG 220 0.01
2 Systemair AB 16 – 1 EMS-Chemie Holding AG 309 0.01
48 Tele2 AB 607 0.02 – Feintool International Holding AG 21 –
3 Telefonaktiebolaget LM Ericsson, Class A 27 – 3 Flughafen Zurich AG 397 0.01
120 Telefonaktiebolaget LM Ericsson, Class B 1,011 0.03 – Forbo Holding AG 199 0.01
203 Telia Co AB 940 0.03 21 GAM Holding AG 110 –
9 Thule Group AB 160 0.01 3 Geberit AG 1,038 0.04
18 Trelleborg AB 310 0.01 1 Georg Fischer AG 351 0.01
1 Troax Group AB 36 – 1 Givaudan SA 1,467 0.05
1 VBG Group AB 11 – – Gurit Holding AG 71 –
5 Vitrolife AB 86 – 1 Helvetia Holding AG 563 0.02
107 Volvo AB (restricted voting rights) 1,487 0.05 – Hiag Immobilien Holding AG 40 –
18 Volvo AB (voting rights) 244 0.01 – HOCHDORF Holding AG 27 –
16 Wallenstam AB 144 0.01 2 Huber & Suhner AG 123 –
15 Wihlborgs Fastigheter AB 171 0.01 – Hypothekarbank Lenzburg AG 9 –
30,016 1.00 2 Implenia AG 98 –
Switzerland - 2.45% – Inficon Holding AG 90 –
130 ABB Ltd 2,643 0.09 – Interroll Holding AG 103 –
17 Adecco Group AG 815 0.03 – Intershop Holdings AG 65 –
2 Allreal Holding AG 309 0.01 – Investis Holding SA 22 –
– Alpiq Holding AG 35 – 18 Julius Baer Group Ltd 727 0.02
1 ALSO Holding AG 88 – – Jungfraubahn Holding AG 34 –
5 ams AG 133 0.01 1 Kardex AG 88 –
– APG SGA SA 49 – – Komax Holding AG 84 –
5 Arbonia AG 64 – 3 Kudelski SA 23 –
108 Aryzta AG 145 0.01 4 Kuehne & Nagel International AG 547 0.02
4 Ascom Holding AG 59 – 21 LafargeHolcim Ltd 954 0.03
– Autoneum Holding AG 74 – 1 Lastminute.com NV 9 –
– Bachem Holding AG 23 – – LEM Holding SA 56 –
6 Baloise Holding AG 847 0.03 2 Liechtensteinische Landesbank AG 105 –
– Banque Cantonale de Geneve 29 – 12 Logitech International SA 405 0.01
– Banque Cantonale Vaudoise 273 0.01 5 Lonza Group AG 1,594 0.05
– Barry Callebaut AG 302 0.01 1 Luzerner Kantonalbank AG 206 0.01
– Belimo Holding AG 155 0.01 – MCH Group AG 10 –
– Bell Food Group AG 80 – – Meier Tobler Group AG 6 –
1 Bellevue Group AG 23 – – Metall Zug AG 55 –
1 Berner Kantonalbank AG 120 – 2 Mikron Holding AG 10 –
– BFW Liegenschaften AG 11 – 4 Mobilezone Holding AG 41 –
2 BKW AG 128 0.01 1 Mobimo Holding AG 177 0.01
1 Bobst Group SA 64 – 155 Nestle SA 13,258 0.44
1 Bossard Holding AG 100 – 1 Newron Pharmaceuticals SpA 9 –
1 Bucher Industries AG 191 0.01 103 Novartis AG 9,429 0.31
– Burckhardt Compression Holding AG 70 – 27 OC Oerlikon Corp AG 315 0.01
1 Burkhalter Holding AG 36 – 1 Orascom Development Holding AG 17 –
1 Calida Holding AG 22 – 4 Oriflame Holding AG 95 –
– Carlo Gavazzi Holding AG 8 – 1 Orior AG 48 –
4 Cembra Money Bank AG 287 0.01 1 Panalpina Welttransport Holding AG 155 0.01
– Cham Group AG 22 – 1 Partners Group Holding AG 831 0.03
– Chocoladefabriken Lindt & Spruengli AG 402 0.01 – Phoenix Mecano AG 35 –
– Cicor Technologies Ltd 12 – – Plazza AG 33 –
23 Cie Financiere Richemont SA 1,463 0.05 4 PSP Swiss Property AG 413 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 117
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Switzerland - 2.45% (continued) United Kingdom - 5.56% (continued)
– Rieter Holding AG 49 – 37 Antofagasta PLC 383 0.01
33 Roche Holding AG (non-voting rights) 8,612 0.29 16 Arrow Global Group PLC 39 –
1 Roche Holding AG (voting rights) 335 0.01 32 Ashmore Group PLC 150 0.01
– Romande Energie Holding SA 45 – 43 Ashtead Group PLC 959 0.03
– Schaffner Holding AG 12 – 2 ASOS PLC 119 –
2 Schindler Holding AG 274 0.01 19 Associated British Foods PLC 600 0.02
70 Schmolz & Bickenbach AG 42 – 58 AstraZeneca PLC 4,548 0.15
– Schweiter Technologies AG 127 0.01 96 Auto Trader Group PLC 536 0.02
2 SFS Group AG 226 0.01 5 Aveva Group PLC 160 0.01
– SGS SA 920 0.03 250 Aviva PLC 1,299 0.04
– Siegfried Holding AG 143 0.01 3 Avon Rubber PLC 43 –
10 Sika AG 1,218 0.04 91 B&M European Value Retail SA 406 0.01
4 Sonova Holding AG 631 0.02 50 Babcock International Group PLC 360 0.01
– St Galler Kantonalbank AG 170 0.01 257 BAE Systems PLC 1,617 0.05
1 Straumann Holding AG 519 0.02 65 Balfour Beatty PLC 210 0.01
2 Sulzer AG 199 0.01 5 Bank of Georgia Group PLC 88 –
5 Sunrise Communications Group AG 438 0.02 695 Barclays PLC 1,443 0.05
2 Swatch Group AG (Bearer) 599 0.02 119 Barratt Developments PLC 705 0.02
4 Swatch Group AG (Registered) 214 0.01 108 BBA Aviation PLC 329 0.01
2 Swiss Life Holding AG 888 0.03 42 Beazley PLC 299 0.01
9 Swiss Prime Site AG 740 0.03 16 Bellway PLC 523 0.02
13 Swiss Re AG 1,221 0.04 16 Berkeley Group Holdings PLC 666 0.02
3 Swisscom AG 1,483 0.05 116 BHP Group PLC 2,233 0.07
1 Swissquote Group Holding SA 52 – 5 Biffa PLC 14 –
– Tamedia AG 32 – 11 Bloomsbury Publishing PLC 30 –
1 Tecan Group AG 145 0.01 23 Bodycote PLC 214 0.01
5 Temenos AG 612 0.02 5 boohoo Group PLC 11 –
– Thurgauer Kantonalbank 13 – 20 Bovis Homes Group PLC 218 0.01
1 Tornos Holding AG 7 – 37 BowLeven PLC 12 –
1 u-blox Holding AG 67 – 1,302 BP PLC 8,662 0.29
171 UBS Group AG 2,318 0.08 5 Braemar Shipping Services PLC 15 –
2 Valiant Holding AG 219 0.01 28 Brewin Dolphin Holdings PLC 116 –
1 Valora Holding AG 105 – 83 British American Tobacco PLC 2,890 0.10
2 VAT Group AG 235 0.01 15 British American Tobacco PLC, ADR 529 0.02
– Vaudoise Assurances Holding SA 65 – 25 Britvic PLC 274 0.01
– Vetropack Holding AG 49 – 506 BT Group PLC 1,692 0.06
5 Vifor Pharma AG 590 0.02 21 BTG PLC 228 0.01
12 Von Roll Holding AG 12 – 24 Bunzl PLC 733 0.03
3 Vontobel Holding AG 188 0.01 33 Burberry Group PLC 755 0.03
– VP Bank AG 52 – 82 Cairn Energy PLC 183 0.01
– VZ Holding AG 47 – 115 Capita PLC 152 0.01
– Walliser Kantonalbank 29 – 78 Capital & Counties Properties PLC 254 0.01
– Warteck Invest AG 31 – 6 Carclo PLC 6 –
– Ypsomed Holding AG 43 – 26 Card Factory PLC 63 –
2 Zehnder Group AG 54 – 4 CareTech Holdings PLC 17 –
– Zug Estates Holding AG 35 – 8 Carnival PLC 459 0.02
– Zuger Kantonalbank AG 106 – 6 Carr's Group PLC 11 –
9 Zurich Insurance Group AG 2,657 0.09 3 Castings PLC 17 –
74,043 2.45 123 Centamin PLC 164 0.01
United Kingdom - 5.56% 508 Centrica PLC 895 0.03
79 3i Group PLC 841 0.03 3 Charles Taylor PLC 9 –
1 4imprint Group PLC 37 – 27 Chemring Group PLC 58 –
25 888 Holdings PLC 52 – 10 Chesnara PLC 43 –
67 AA PLC 79 – 97 Cineworld Group PLC 341 0.01
24 Acacia Mining PLC 56 – 16 Circassia Pharmaceuticals PLC 12 –
19 Admiral Group PLC 495 0.02 2 City of London Investment Group PLC 10 –
11 AG Barr PLC 113 – 2 Clarkson PLC 68 –
34 Aggreko PLC 323 0.01 3 Clipper Logistics PLC 10 –
6 Air Partner PLC 7 – 21 Close Brothers Group PLC 397 0.01
125 Anglo American PLC 2,523 0.08 18 CLS Holdings PLC 50 –
22 Anglo Pacific Group PLC 41 – 14 CMC Markets PLC 20 –
2 Anglo-Eastern Plantations PLC 11 – 226 Cobham PLC 295 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 118
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United Kingdom - 5.56% (continued) United Kingdom - 5.56% (continued)
15 Coca-Cola HBC AG 457 0.02 813 Glencore PLC 3,029 0.10
21 Communisis PLC 19 – 5 Go-Ahead Group PLC 107 –
74 Compass Group PLC 1,598 0.05 28 Gocompare.Com Group PLC 28 –
8 Computacenter PLC 107 – 1 Gooch & Housego PLC 13 –
12 Connect Group PLC 5 – 22 Grafton Group PLC 201 0.01
3 Consort Medical PLC 39 – 42 Grainger PLC 137 0.01
136 ConvaTec Group PLC 264 0.01 74 Greencore Group PLC 178 0.01
12 Costain Group PLC 58 – 42 Greene King PLC 293 0.01
24 Countryside Properties PLC 88 – 12 Greggs PLC 216 0.01
41 Countrywide PLC 5 – 15 Gulf Keystone Petroleum Ltd 36 –
5 Cranswick PLC 200 0.01 11 Gulf Marine Services PLC 5 –
36 Crest Nicholson Holdings PLC 158 0.01 104 GVC CVR 14 –
11 Croda International PLC 680 0.02 56 GVC Holdings PLC 531 0.02
70 CYBG PLC 185 0.01 8 Gym Group PLC 29 –
1 Daejan Holdings PLC 51 – 26 Halfords Group PLC 99 –
19 Daily Mail & General Trust PLC 153 0.01 37 Halma PLC 643 0.02
17 Dairy Crest Group PLC 98 – 19 Hargreaves Lansdown PLC 475 0.02
1 Dart Group PLC 14 – 21 Hastings Group Holdings PLC 52 –
8 DCC PLC 639 0.02 150 Hays PLC 300 0.01
12 De La Rue PLC 73 – 7 Headlam Group PLC 39 –
95 Debenhams PLC 8 – 13 Helical PLC 53 –
1 Dechra Pharmaceuticals PLC 29 – 5 Henry Boot PLC 16 –
16 Devro PLC 36 – 15 Hikma Pharmaceuticals PLC 336 0.01
5 DFS Furniture PLC 13 – 8 Hill & Smith Holdings PLC 116 –
107 Diageo PLC 3,849 0.13 6 Hilton Food Group PLC 71 –
3 Dialight PLC 12 – 26 Hiscox Ltd 560 0.02
5 Dignity PLC 55 – 38 Hochschild Mining PLC 78 –
11 Diploma PLC 175 0.01 5 Hollywood Bowl Group PLC 13 –
177 Direct Line Insurance Group PLC 740 0.03 29 HomeServe PLC 357 0.01
4 DiscoverIE Group PLC 19 – 65 Howden Joinery Group PLC 372 0.01
139 Dixons Carphone PLC 289 0.01 878 HSBC Holdings PLC 7,469 0.25
42 Domino's Pizza Group PLC 138 0.01 17 Hunting PLC 127 0.01
57 Drax Group PLC 287 0.01 43 Huntsworth PLC 58 –
130 DS Smith PLC 556 0.02 26 Ibstock PLC 72 –
9 Dunelm Group PLC 64 – 36 IG Group Holdings PLC 272 0.01
15 easyJet PLC 211 0.01 9 IGas Energy PLC 10 –
71 EI Group PLC 167 0.01 6 IHS Markit Ltd 299 0.01
49 Electrocomponents PLC 321 0.01 31 IMI PLC 389 0.01
53 Elementis PLC 132 0.01 54 Imperial Brands PLC 1,679 0.06
190 EnQuest PLC 55 – 52 Inchcape PLC 390 0.01
36 Entertainment One Ltd 170 0.01 68 Indivior PLC 89 –
30 Equiniti Group PLC 88 – 111 Informa PLC 983 0.03
26 Essentra PLC 127 0.01 40 Inmarsat PLC 211 0.01
25 esure Group PLC 88 – 14 InterContinental Hotels Group PLC 748 0.03
4 Euromoney Institutional Investor PLC 68 – 24 Intermediate Capital Group PLC 317 0.01
35 Evraz PLC 205 0.01 69 International Consolidated Airlines Group SA 552 0.02
64 Experian PLC 1,570 0.05 27 International Personal Finance PLC 74 –
5 FDM Group Holdings PLC 56 – 8 Interserve PLC 3 –
20 Ferguson PLC 1,287 0.04 11 Intertek Group PLC 680 0.02
34 Ferrexpo PLC 77 – 78 Investec PLC 474 0.02
149 Firstgroup PLC 170 0.01 56 IP Group PLC 83 –
22 Forterra PLC 60 – 52 ITE Group PLC 42 –
12 Foxtons Group PLC 7 – 254 ITV PLC 472 0.02
14 Fresnillo PLC 139 0.01 74 IWG PLC 220 0.01
2 Fuller Smith & Turner PLC 18 – 161 J Sainsbury PLC 629 0.02
168 G4S PLC 416 0.01 5 James Fisher & Sons PLC 101 –
16 Galliford Try PLC 144 0.01 12 Jardine Lloyd Thompson Group PLC 288 0.01
3 Games Workshop Group PLC 114 – 53 JD Sports Fashion PLC 269 0.01
18 Gem Diamonds Ltd 25 – 8 JD Wetherspoon PLC 124 0.01
5 Genus PLC 146 0.01 23 John Laing Group PLC 95 –
4 Georgia Capital PLC 55 – 9 John Menzies PLC 56 –
227 GlaxoSmithKline PLC 4,698 0.16 80 John Wood Group PLC 650 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 119
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United Kingdom - 5.56% (continued) United Kingdom - 5.56% (continued)
17 Johnson Matthey PLC 645 0.02 36 Paragon Banking Group PLC 195 0.01
4 JPJ Group PLC 33 – 6 PayPoint PLC 65 –
37 Jupiter Fund Management PLC 150 0.01 63 Pearson PLC 771 0.03
29 Just Eat PLC 214 0.01 131 Pendragon PLC 41 –
84 Just Group PLC 93 – 45 Pennon Group PLC 411 0.01
2 Kainos Group PLC 12 – 24 Persimmon PLC 580 0.02
28 KAZ Minerals PLC 201 0.01 97 Petra Diamonds Ltd 52 –
45 Kcom Group PLC 34 – 31 Petrofac Ltd 205 0.01
9 Keller Group PLC 66 – 262 Petropavlovsk PLC 21 –
10 Kier Group PLC 66 – 63 Pets at Home Group PLC 103 –
15 Kin & Carta PLC 20 – 65 Phoenix Group Holdings 498 0.02
251 Kingfisher PLC 799 0.03 20 Photo-Me International PLC 28 –
26 Lamprell PLC 21 – 20 Playtech PLC 113 –
21 Lancashire Holdings Ltd 175 0.01 23 Polypipe Group PLC 101 –
468 Legal & General Group PLC 1,464 0.05 3 Porvair PLC 18 –
3,928 Lloyds Banking Group PLC 2,780 0.09 90 Premier Foods PLC 41 –
23 London Stock Exchange Group PLC 1,167 0.04 118 Premier Oil PLC 107 –
34 Lonmin PLC 20 – 19 Provident Financial PLC 146 0.01
48 Lookers PLC 55 – 91 Prudential PLC 1,791 0.06
38 Low & Bonar PLC 13 – – PureTech Health Plc – –
4 LSL Property Services PLC 12 – 28 PZ Cussons PLC 84 –
2 Majestic Wine PLC 7 – 53 QinetiQ Group PLC 200 0.01
168 Man Group PLC 312 0.01 152 Quilter PLC 226 0.01
191 Marks & Spencer Group PLC 715 0.02 6 Randgold Resources Ltd 477 0.02
21 Marshalls PLC 115 – 16 Rank Group PLC 32 –
86 Marston's PLC 112 – 4 Rathbone Brothers PLC 109 –
18 McBride PLC 30 – 22 Raven Property Group Ltd 13 –
40 McCarthy & Stone PLC 69 – 36 Reach PLC 29 –
10 Mears Group PLC 41 – 24 Reckitt Benckiser Group PLC 2,009 0.07
37 Mediclinic International PLC 168 0.01 31 Redrow PLC 185 0.01
85 Meggitt PLC 566 0.02 55 RELX PLC 1,141 0.04
385 Melrose Industries PLC 870 0.03 41 RELX PLC 856 0.03
71 Merlin Entertainments PLC 303 0.01 64 Renewi PLC 33 –
16 Micro Focus International PLC 321 0.01 4 Renishaw PLC 196 0.01
19 Micro Focus International PLC, ADR 363 0.01 9 Renold PLC 4 –
15 Millennium & Copthorne Hotels PLC 90 – 184 Rentokil Initial PLC 779 0.03
30 Mitchells & Butlers PLC 105 – 25 Restaurant Group PLC 46 –
39 Mitie Group PLC 72 – 2 Rhi Magnesita NV (Austria listing) 86 –
1 MJ Gleeson PLC 9 – 1 Rhi Magnesita NV (UK listing) 55 –
32 Mondi PLC 697 0.02 5 Rhythmone PLC 11 –
52 Moneysupermarket.com Group PLC 201 0.01 4 Ricardo PLC 34 –
34 Morgan Advanced Materials PLC 118 – 88 Rightmove PLC 491 0.02
4 Morgan Sindall Group PLC 60 – 78 Rio Tinto PLC 3,560 0.12
13 Mothercare PLC 3 – 1 River & Mercantile Group PLC 4 –
7 Motorpoint group PLC 18 – 6 Robert Walters PLC 38 –
14 N Brown Group PLC 21 – 120 Rolls-Royce Holdings PLC 1,299 0.04
10 NAHL Group PLC 14 – 86 Rotork PLC 288 0.01
57 National Express Group PLC 295 0.01 211 Royal Bank of Scotland Group PLC 585 0.02
174 National Grid PLC 1,857 0.06 224 Royal Dutch Shell PLC, Class A 6,773 0.22
4 Ncc Group PLC 9 – 184 Royal Dutch Shell PLC, Class B 5,631 0.19
11 Next PLC 710 0.02 89 Royal Mail PLC 365 0.01
6 NMC Health PLC 273 0.01 36 RPC Group PLC 329 0.01
16 Non-Standard Finance PLC 14 – 25 RPS Group PLC 49 –
5 Norcros PLC 13 – 104 RSA Insurance Group PLC 720 0.02
19 Northgate PLC 92 – – S&U PLC 12 –
7 Nostrum Oil & Gas PLC 12 – 82 Saga PLC 118 –
37 Ocado Group PLC 389 0.01 81 Sage Group PLC 602 0.02
11 On the Beach Group PLC 57 – 15 Savills PLC 137 0.01
25 OneSavings Bank PLC 112 – 4 Schroders PLC (non-voting rights) 104 –
88 Ophir Energy PLC 38 – 9 Schroders PLC (voting rights) 281 0.01
5 Oxford Instruments PLC 60 – 5 SDL PLC 31 –
38 Pagegroup PLC 239 0.01 43 Senior PLC 131 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 120
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United Kingdom - 5.56% (continued) United Kingdom - 5.56% (continued)
19 Severfield PLC 18 – 13 Wincanton PLC 43 –
25 Severn Trent PLC 588 0.02 255 Wm Morrison Supermarkets PLC 774 0.03
28 Shire PLC 1,645 0.06 120 WPP PLC 1,323 0.04
– Shire PLC, ADR 23 – 5 Xaar PLC 10 –
66 SIG PLC 91 – 1 XP Power Ltd 41 –
68 Smith & Nephew PLC 1,245 0.04 168,312 5.56
41 Smiths Group PLC 731 0.03 United States - 59.33%
30 Soco International PLC 28 – 4 1-800-Flowers.com Inc 46 –
11 Softcat PLC 84 – 2 1st Constitution Bancorp 30 –
10 Spectris PLC 299 0.01 2 1st Source Corp 87 –
67 Speedy Hire PLC 49 – 3 2U Inc 165 0.01
7 Spirax-Sarco Engineering PLC 545 0.02 5 3D Systems Corp 60 –
21 Spire Healthcare Group PLC 34 – 28 3M Co 5,750 0.19
48 Spirent Communications PLC 80 – 3 A Schulman Inc 5 –
12 Sportech PLC 5 – 2 A-Mark Precious Metals Inc 19 –
25 Sports Direct International PLC 93 – 4 A10 Networks Inc 24 –
90 SSE PLC 1,261 0.04 5 AAON Inc 207 0.01
44 SSP Group PLC 356 0.01 3 AAR Corp 145 0.01
52 St James's Place PLC 675 0.02 6 Aaron's Inc 290 0.01
30 St Modwen Properties PLC 145 0.01 76 Abbott Laboratories 5,616 0.19
56 Stagecoach Group PLC 112 – 74 AbbVie Inc 6,966 0.23
167 Standard Chartered PLC 1,305 0.04 7 Abercrombie & Fitch Co 142 0.01
131 Standard Life Aberdeen PLC 446 0.02 2 ABIOMED Inc 760 0.03
11 SThree PLC 42 – 9 ABM Industries Inc 288 0.01
17 Stobart Group Ltd 43 – 28 Abraxas Petroleum Corp 46 –
15 Stock Spirits Group PLC 35 – 1 Acacia Communications Inc 45 –
2 STV Group PLC 10 – 8 Acacia Research Corp 26 –
4 Superdry PLC 43 – 12 Acadia Healthcare Co Inc 413 0.01
31 Synthomer PLC 162 0.01 30 Accenture PLC 4,906 0.16
51 TalkTalk Telecom Group PLC 83 – 2 Access National Corp 54 –
4 Tarsus Group PLC 13 – 9 ACCO Brands Corp 76 –
50 Tate & Lyle PLC 457 0.02 5 Accuray Inc 22 –
432 Taylor Wimpey PLC 740 0.03 2 Aceto Corp 3 –
2 Ted Baker PLC 52 – 17 Achillion Pharmaceuticals Inc 49 –
5 Telecom Plus PLC 95 – 11 ACI Worldwide Inc 322 0.01
858 Tesco PLC 2,167 0.07 1 Aclaris Therapeutics Inc 6 –
118 Thomas Cook Group PLC 45 – – Acme United Corp 5 –
11 Topps Tiles PLC 9 – 1 ACNB Corp 44 –
57 TP ICAP PLC 225 0.01 6 Acorda Therapeutics Inc 121 –
35 Travis Perkins PLC 500 0.02 29 Activision Blizzard Inc 1,435 0.05
7 Trifast PLC 18 – 7 Actuant Corp 174 0.01
14 TT Electronics PLC 38 – 5 Acuity Brands Inc 709 0.02
36 TUI AG 512 0.02 10 Acushnet Holdings Corp 224 0.01
175 Tullow Oil PLC 413 0.01 1 Adams Resources & Energy Inc 20 –
6 Tyman PLC 19 – 1 Addus HomeCare Corp 89 –
21 U & I Group PLC 58 – 11 Adient PLC 261 0.01
11 UDG Healthcare PLC 98 – 20 Adobe Inc 5,038 0.17
7 Ultra Electronics Holdings PLC 135 0.01 6 Adtalem Global Education Inc 338 0.01
55 Unilever PLC 2,968 0.10 7 ADTRAN Inc 85 –
72 United Utilities Group PLC 701 0.02 4 Aduro Biotech Inc 10 –
4 Urban & Civic PLC 14 – 8 Advance Auto Parts Inc 1,381 0.05
83 Vectura Group PLC 77 – 12 Advanced Disposal Services Inc 324 0.01
22 Vesuvius PLC 148 0.01 6 Advanced Drainage Systems Inc 164 0.01
9 Victrex PLC 275 0.01 3 Advanced Energy Industries Inc 147 0.01
1 Vitec Group PLC 10 – 69 Advanced Micro Devices Inc 1,466 0.05
1,452 Vodafone Group PLC 3,137 0.10 4 AdvanSix Inc 110 –
5 Volution Group PLC 12 – 10 Adverum Biotechnologies Inc 36 –
1 Vp PLC 15 – 23 AECOM 755 0.03
15 Weir Group PLC 276 0.01 2 Aegion Corp 46 –
11 WH Smith PLC 260 0.01 2 Aeglea BioTherapeutics Inc 14 –
14 Whitbread PLC 817 0.03 7 Aerojet Rocketdyne Holdings Inc 253 0.01
84 William Hill PLC 174 0.01 3 Aerovironment Inc 219 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 121
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 59.33% (continued) United States - 59.33% (continued)
68 AES Corp 1,056 0.04 5 AMC Networks Inc 270 0.01
5 Affiliated Managers Group Inc 546 0.02 16 Amdocs Ltd 1,007 0.03
52 Aflac Inc 2,394 0.08 3 Amedisys Inc 442 0.02
11 AGCO Corp 665 0.02 3 AMERCO 992 0.03
22 Agilent Technologies Inc 1,560 0.05 18 Ameren Corp 1,263 0.04
4 Agilysys Inc 65 – 4 Ameresco Inc 67 –
3 Agios Pharmaceuticals Inc 201 0.01 1 America's Car-Mart Inc 70 –
2 AgroFresh Solutions Inc 6 – 31 American Airlines Group Inc 1,250 0.04
2 AH Belo Corp 10 – 13 American Axle & Manufacturing Holdings Inc 162 0.01
15 Air Lease Corp 572 0.02 23 American Eagle Outfitters Inc 483 0.02
15 Air Products & Chemicals Inc 2,459 0.08 37 American Electric Power Co Inc 2,873 0.10
8 Air Transport Services Group Inc 149 0.01 7 American Equity Investment Life Holding Co 248 0.01
10 Aircastle Ltd 194 0.01 50 American Express Co 5,631 0.19
1 Airgain Inc 12 – 10 American Financial Group Inc 1,034 0.03
29 AK Steel Holding Corp 88 – 43 American International Group Inc 1,859 0.06
18 Akamai Technologies Inc 1,215 0.04 1 American National Bankshares Inc 50 –
3 Akebia Therapeutics Inc 24 – 3 American National Insurance Co 417 0.01
7 Akorn Inc 47 – 7 American Outdoor Brands Corp 84 –
1 Alamo Group Inc 123 – 2 American Public Education Inc 60 –
3 Alarm.com Holdings Inc 173 0.01 1 American Railcar Industries Inc 73 –
18 Alaska Air Group Inc 1,326 0.04 3 American Renal Associates Holdings Inc 57 –
6 Alaska Communications Systems Group Inc 9 – 1 American River Bankshares 17 –
3 Albany International Corp 247 0.01 3 American Software Inc 28 –
11 Albemarle Corp 1,048 0.04 4 American States Water Co 273 0.01
2 Albireo Pharma Inc 41 – 3 American Vanguard Corp 48 –
26 Alcoa Corp 839 0.03 13 American Water Works Co Inc 1,201 0.04
6 Alder Biopharmaceuticals Inc 87 – 2 American Woodmark Corp 116 –
2 Aldeyra Therapeutics Inc 13 – 14 Ameriprise Financial Inc 1,844 0.06
13 Alexion Pharmaceuticals Inc 1,593 0.05 5 Ameris Bancorp 193 0.01
1 Alico Inc 33 – 2 Amerisafe Inc 156 0.01
5 Align Technology Inc 1,092 0.04 16 AmerisourceBergen Corp 1,420 0.05
1 Alithya Group Inc 3 – 1 Ames National Corp 36 –
9 Alkermes PLC 318 0.01 17 AMETEK Inc 1,216 0.04
2 Alleghany Corp 1,078 0.04 41 Amgen Inc 8,589 0.28
18 Allegheny Technologies Inc 470 0.02 17 Amicus Therapeutics Inc 193 0.01
1 Allegiance Bancshares Inc 51 – 32 Amkor Technology Inc 219 0.01
2 Allegiant Travel Co 283 0.01 6 AMN Healthcare Services Inc 361 0.01
9 Allegion PLC 869 0.03 13 Amneal Pharmaceuticals Inc 225 0.01
14 Allergan PLC 2,194 0.07 1 Ampco-Pittsburgh Corp 5 –
5 ALLETE Inc 439 0.02 5 Amphastar Pharmaceuticals Inc 102 –
6 Alliance Data Systems Corp 1,157 0.04 22 Amphenol Corp 1,894 0.06
23 Alliant Energy Corp 1,043 0.04 1 Amtech Systems Inc 8 –
1 Allied Motion Technologies Inc 59 – 54 Anadarko Petroleum Corp 2,855 0.09
14 Allison Transmission Holdings Inc 655 0.02 26 Analog Devices Inc 2,354 0.08
24 Allscripts Healthcare Solutions Inc 243 0.01 3 Andersons Inc 86 –
27 Allstate Corp 2,423 0.08 5 ANGI Homeservices Inc 86 –
52 Ally Financial Inc 1,399 0.05 3 AngioDynamics Inc 70 –
6 Alnylam Pharmaceuticals Inc 458 0.02 1 ANI Pharmaceuticals Inc 71 –
1 Alpha & Omega Semiconductor Ltd 16 – 2 Anika Therapeutics Inc 66 –
11 Alphabet Inc, Class A 12,754 0.42 5 Anixter International Inc 304 0.01
12 Alphabet Inc, Class C 13,213 0.44 6 ANSYS Inc 966 0.03
– Alphatec Holdings Inc 1 – 46 Antero Resources Corp 606 0.02
47 Altice USA Inc 831 0.03 13 Anthem Inc 3,884 0.13
– Altisource Asset Management Corp 3 – 14 AO Smith Corp 655 0.02
1 Altisource Portfolio Solutions SA 23 – 18 Aon PLC 3,025 0.10
9 Altra Industrial Motion Corp 286 0.01 43 Apache Corp 1,520 0.05
107 Altria Group Inc 5,853 0.19 9 Apergy Corp 296 0.01
5 AMAG Pharmaceuticals Inc 98 – 4 Apogee Enterprises Inc 160 0.01
20 Amazon.com Inc 33,692 1.11 2 Apollo Endosurgery Inc 10 –
4 Ambac Financial Group Inc 66 – 1 Appfolio Inc 66 –
3 Ambarella Inc 112 – 276 Apple Inc 49,278 1.63
5 AMC Entertainment Holdings Inc 72 – 3 Applied Genetic Technologies Corp 17 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 122
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 59.33% (continued) United States - 59.33% (continued)
4 Applied Industrial Technologies Inc 286 0.01 2 Atlantic Power Corp (NPV placement) 5 –
66 Applied Materials Inc 2,455 0.08 11 Atlantica Yield PLC 212 0.01
1 Applied Optoelectronics Inc 14 – 3 Atlas Air Worldwide Holdings Inc 137 0.01
8 Approach Resources Inc 10 – 1 Atlas Financial Holdings Inc 10 –
8 AptarGroup Inc 806 0.03 3 Atlassian Corp PLC 270 0.01
1 Aptevo Therapeutics Inc 3 – 11 Atmos Energy Corp 1,076 0.04
21 Aptiv PLC 1,513 0.05 2 ATN International Inc 165 0.01
20 Aqua America Inc 675 0.02 – Atrion Corp 132 –
3 AquaVenture Holdings Ltd 59 – 3 Audentes Therapeutics Inc 77 –
32 Aramark 1,231 0.04 15 Autodesk Inc 2,230 0.07
6 Aratana Therapeutics Inc 42 – 12 Autoliv Inc 997 0.03
5 ARC Document Solutions Inc 12 – 20 Automatic Data Processing Inc 2,904 0.10
2 ArcBest Corp 73 – 13 AutoNation Inc 476 0.02
39 Arch Capital Group Ltd 1,112 0.04 2 AutoWeb Inc 4 –
3 Arch Coal Inc 218 0.01 2 AutoZone Inc 1,568 0.05
37 Archer-Daniels-Midland Co 1,683 0.06 7 Avangrid Inc 361 0.01
16 Archrock Inc 159 0.01 7 Avanos Medical Inc 327 0.01
53 Arconic Inc 1,132 0.04 11 Avery Dennison Corp 1,020 0.03
7 Arcosa Inc 181 0.01 1 Aviat Networks Inc 16 –
6 Ardelyx Inc 17 – 5 Avid Technology Inc 32 –
6 Ardmore Shipping Corp 34 – 9 Avis Budget Group Inc 259 0.01
5 Arena Pharmaceuticals Inc 210 0.01 5 Avista Corp 285 0.01
9 Ares Management Corp 193 0.01 16 Avnet Inc 714 0.02
3 Argan Inc 109 – 44 Avon Products Inc 93 –
1 Argo Group International Holdings Ltd 59 – 21 AVX Corp 352 0.01
3 Arista Networks Inc 703 0.02 5 Aware Inc 17 –
– Ark Restaurants Corp 9 – 27 Axalta Coating Systems Ltd 682 0.02
4 Armstrong Flooring Inc 58 – 4 Axcelis Technologies Inc 71 –
6 Armstrong World Industries Inc 390 0.01 12 Axis Capital Holdings Ltd 647 0.02
5 Arotech Corp 15 – 3 Axon Enterprise Inc 147 0.01
25 ARRIS International PLC 765 0.03 6 Axos Financial Inc 185 0.01
12 Arrow Electronics Inc 958 0.03 4 AXT Inc 23 –
2 Arrow Financial Corp 60 – 4 AZZ Inc 185 0.01
1 Artesian Resources Corp 35 – 6 B&G Foods Inc 178 0.01
18 Arthur J Gallagher & Co 1,422 0.05 10 Babcock & Wilcox Enterprises Inc 9 –
5 Artisan Partners Asset Management Inc 141 0.01 2 Badger Meter Inc 126 –
3 Asbury Automotive Group Inc 203 0.01 24 Baker Hughes a GE Co 557 0.02
26 Ascena Retail Group Inc 78 – 3 Balchem Corp 266 0.01
3 Ascent Capital Group Inc 3 – 36 Ball Corp 1,771 0.06
6 ASGN Inc 417 0.01 3 Ballantyne Strong Inc 7 –
9 Ashland Global Holdings Inc 747 0.03 8 Banc of California Inc 139 0.01
3 Aspen Aerogels Inc 9 – 4 BancFirst Corp 237 0.01
8 Aspen Insurance Holdings Ltd 335 0.01 8 Bancorp Inc 77 –
7 Aspen Technology Inc 639 0.02 1 Bancorp of New Jersey Inc 13 –
7 Assertio Therapeutics Inc 37 – 15 BancorpSouth Bank 465 0.02
25 Associated Banc-Corp 569 0.02 406 Bank of America Corp 11,523 0.38
1 Associated Capital Group Inc 26 – 1 Bank of Commerce Holdings 18 –
9 Assurant Inc 887 0.03 5 Bank of Hawaii Corp 367 0.01
16 Assured Guaranty Ltd 650 0.02 2 Bank of Marin Bancorp 102 –
– Asta Funding Inc 1 – 44 Bank of New York Mellon Corp 2,276 0.08
3 Astec Industries Inc 106 – 6 Bank of NT Butterfield & Son Ltd 239 0.01
2 Astronics Corp, Class A 78 – 1 Bank of South Carolina Corp 10 –
1 Astronics Corp, Class B 44 – 17 Bank OZK 448 0.02
1 AstroNova Inc 12 – 2 BankFinancial Corp 28 –
7 At Home Group Inc 197 0.01 15 BankUnited Inc 505 0.02
456 AT&T Inc 14,250 0.47 1 Bankwell Financial Group Inc 26 –
4 Atara Biotherapeutics Inc 169 0.01 4 Banner Corp 248 0.01
2 athenahealth Inc 316 0.01 1 Bar Harbor Bankshares 38 –
20 Athene Holding Ltd 862 0.03 4 Barnes & Noble Education Inc 26 –
7 Atkore International Group Inc 134 – 5 Barnes & Noble Inc 40 –
2 Atlantic Capital Bancshares Inc 31 – 6 Barnes Group Inc 363 0.01
2 Atlantic Power Corp 3 – 1 Barrett Business Services Inc 53 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 123
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 59.33% (continued) United States - 59.33% (continued)
4 Basic Energy Services Inc 23 – 6 Brady Corp 245 0.01
1 Bassett Furniture Industries Inc 23 – 3 Bridge Bancorp Inc 78 –
35 Baxter International Inc 2,386 0.08 4 Bridgepoint Education Inc 31 –
1 Baycom Corp 20 – 4 Briggs & Stratton Corp 67 –
52 BB&T Corp 2,651 0.09 6 Bright Horizons Family Solutions Inc 729 0.02
1 BBX Capital Corp 10 – 4 Brightcove Inc 29 –
1 BCB Bancorp Inc 17 – 15 Brighthouse Financial Inc 584 0.02
8 Beacon Roofing Supply Inc 295 0.01 11 BrightSphere Investment Group PLC 148 0.01
1 Beasley Broadcast Group Inc 5 – 5 Brink's Co 350 0.01
4 Beazer Homes USA Inc 50 – 4 Brinker International Inc 228 0.01
9 Becton Dickinson and Co 2,358 0.08 81 Bristol-Myers Squibb Co 4,349 0.14
18 Bed Bath & Beyond Inc 235 0.01 4 Bristow Group Inc 16 –
1 Bel Fuse Inc 25 – 19 Broadcom Inc 4,618 0.15
6 Belden Inc 313 0.01 9 Broadridge Financial Solutions Inc 968 0.03
2 Bellicum Pharmaceuticals Inc 8 – 3 Broadwind Energy Inc 4 –
7 Belmond Ltd 128 – 20 Brookdale Senior Living Inc 171 0.01
10 Bemis Co Inc 508 0.02 11 Brookline Bancorp Inc 170 0.01
4 Benchmark Electronics Inc 101 – 7 Brooks Automation Inc 220 0.01
10 Beneficial Bancorp Inc 156 0.01 31 Brown & Brown Inc 905 0.03
84 Berkshire Hathaway Inc 18,405 0.61 7 Brown-Forman Corp, Class A 327 0.01
6 Berkshire Hills Bancorp Inc 194 0.01 23 Brown-Forman Corp, Class B 1,119 0.04
14 Berry Global Group Inc 692 0.02 15 Bruker Corp 510 0.02
29 Best Buy Co Inc 1,868 0.06 9 Brunswick Corp 483 0.02
1 BG Staffing Inc 35 – 3 Bryn Mawr Bank Corp 113 –
27 BGC Partners Inc 282 0.01 2 BSB Bancorp Inc 56 –
2 Big 5 Sporting Goods Corp 7 – 2 BSQUARE Corp 5 –
6 Big Lots Inc 250 0.01 1 Buckle Inc 28 –
– Biglari Holdings Inc, Class A 25 – 1 Build-A-Bear Workshop Inc 8 –
– Biglari Holdings Inc, Class B 23 – 11 Builders FirstSource Inc 147 0.01
3 Bio-Rad Laboratories Inc 785 0.03 16 Bunge Ltd 936 0.03
2 Bio-Techne Corp 364 0.01 6 Burlington Stores Inc 1,024 0.03
10 Biogen Inc 3,354 0.11 10 BWX Technologies Inc 429 0.01
7 BioMarin Pharmaceutical Inc 675 0.02 1 C&F Financial Corp 32 –
15 BioScrip Inc 59 – 1 Cable One Inc 558 0.02
1 BioSpecifics Technologies Corp 43 – 7 Cabot Corp 341 0.01
3 BioTelemetry Inc 225 0.01 3 Cabot Microelectronics Corp 334 0.01
3 BJ's Restaurants Inc 148 0.01 43 Cabot Oil & Gas Corp 1,084 0.04
3 Black Box Corp 3 – 4 CACI International Inc 580 0.02
6 Black Hills Corp 389 0.01 3 Cactus Inc 85 –
17 Black Knight Inc 770 0.03 11 Cadence BanCorp 232 0.01
4 Blackbaud Inc 300 0.01 22 Cadence Design Systems Inc 994 0.03
5 BlackRock Inc 2,003 0.07 20 Caesars Entertainment Corp 172 0.01
10 Bloomin' Brands Inc 190 0.01 3 CAI International Inc 64 –
5 Blucora Inc 167 0.01 6 Cal-Maine Foods Inc 283 0.01
3 Blue Bird Corp 55 – 4 CalAmp Corp 70 –
1 Blue Capital Reinsurance Holdings Ltd 7 – 2 Calavo Growers Inc 147 0.01
3 Blue Hills Bancorp Inc 70 – 4 Caleres Inc 136 0.01
3 Bluebird Bio Inc 323 0.01 5 California Resources Corp 113 –
9 BMC Stock Holdings Inc 152 0.01 5 California Water Service Group 221 0.01
4 Boingo Wireless Inc 102 – 2 Calithera Biosciences Inc 10 –
5 Boise Cascade Co 141 0.01 6 Calix Inc 60 –
5 Bojangles' Inc 80 – 11 Callaway Golf Co 192 0.01
8 BOK Financial Corp 660 0.02 30 Callon Petroleum Co 258 0.01
3 Bonanza Creek Energy Inc 69 – 5 Cambium Learning Group Inc 68 –
2 Booking Holdings Inc 4,628 0.15 4 Cambrex Corp 194 0.01
4 Boot Barn Holdings Inc 88 – – Cambridge Bancorp 16 –
13 Booz Allen Hamilton Holding Corp 665 0.02 3 Camden National Corp 104 –
25 BorgWarner Inc 995 0.03 31 Campbell Soup Co 1,225 0.04
1 Boston Beer Co Inc 250 0.01 3 Camping World Holdings Inc 56 –
12 Boston Private Financial Holdings Inc 150 0.01 9 Cannae Holdings Inc 165 0.01
59 Boston Scientific Corp 2,237 0.07 3 Cantel Medical Corp 215 0.01
2 Bottomline Technologies DE Inc 109 – 2 Capital City Bank Group Inc 60 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 124
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 59.33% (continued) United States - 59.33% (continued)
38 Capital One Financial Corp 3,426 0.11 3 ChannelAdvisor Corp 28 –
4 Capital Senior Living Corp 34 – 5 Charles River Laboratories International Inc 646 0.02
20 Capitol Federal Financial Inc 280 0.01 56 Charles Schwab Corp 2,525 0.08
1 Capstar Financial Holdings Inc 24 – 4 Chart Industries Inc 249 0.01
1 CARBO Ceramics Inc 6 – 11 Charter Communications Inc 3,753 0.12
3 Carbonite Inc 78 – 1 Chase Corp 135 0.01
28 Cardinal Health Inc 1,528 0.05 6 Cheesecake Factory Inc 286 0.01
1 Cardiovascular Systems Inc 38 – 4 Chefs' Warehouse Inc 169 0.01
5 Cardtronics PLC 166 0.01 6 Chegg Inc 163 0.01
1 Care.com Inc 25 – 2 Chemed Corp 506 0.02
8 Career Education Corp 107 – 10 Chemical Financial Corp 474 0.02
7 Carlisle Cos Inc 721 0.02 4 ChemoCentryx Inc 43 –
23 CarMax Inc 1,552 0.05 16 Chemours Co 443 0.02
32 Carnival Corp 1,907 0.06 1 Chemung Financial Corp 30 –
3 Carolina Financial Corp 110 – 24 Cheniere Energy Inc 1,466 0.05
4 Carpenter Technology Corp 186 0.01 94 Chesapeake Energy Corp 273 0.01
2 Carriage Services Inc 26 – 2 Chesapeake Utilities Corp 162 0.01
11 Carrizo Oil & Gas Inc 186 0.01 84 Chevron Corp 9,989 0.33
5 Carrols Restaurant Group Inc 53 – 3 Chiasma Inc 12 –
9 Cars.com Inc 244 0.01 17 Chico's FAS Inc 94 –
5 Carter's Inc 481 0.02 2 Children's Place Inc 253 0.01
2 Carvana Co 74 – 6 Chimerix Inc 21 –
5 Casella Waste Systems Inc 152 0.01 2 Chipotle Mexican Grill Inc 1,107 0.04
5 Casey's General Stores Inc 630 0.02 6 Choice Hotels International Inc 485 0.02
1 Cass Information Systems Inc 92 – 20 Chubb Ltd 2,617 0.09
6 Castlight Health Inc 16 – 23 Church & Dwight Co Inc 1,516 0.05
14 Catalent Inc 567 0.02 1 Churchill Downs Inc 371 0.01
9 Catalyst Pharmaceuticals Inc 23 – 3 Chuy's Holdings Inc 64 –
31 Caterpillar Inc 4,169 0.14 1 Cidara Therapeutics Inc 4 –
12 Cathay General Bancorp 477 0.02 19 Ciena Corp 621 0.02
2 Cato Corp 36 – 16 Cigna Corp 3,590 0.12
1 Cavco Industries Inc 147 0.01 13 Cimarex Energy Co 1,028 0.03
7 CBIZ Inc 138 0.01 3 Cimpress NV 365 0.01
31 CBRE Group Inc 1,355 0.05 5 Cincinnati Bell Inc 67 –
1 CBS Corp, Class A 48 – 17 Cincinnati Financial Corp 1,421 0.05
24 CBS Corp, Class B 1,274 0.04 16 Cinemark Holdings Inc 600 0.02
14 CDK Global Inc 693 0.02 8 Cintas Corp 1,472 0.05
13 CDW Corp 1,200 0.04 3 CIRCOR International Inc 90 –
5 CECO Environmental Corp 44 – 8 Cirrus Logic Inc 315 0.01
13 Celanese Corp 1,341 0.04 228 Cisco Systems Inc 10,929 0.36
30 Celgene Corp 2,144 0.07 12 Cision Ltd 146 0.01
14 Centene Corp 2,043 0.07 16 CIT Group Inc 756 0.03
38 Centennial Resource Development Inc 596 0.02 2 Citi Trends Inc 35 –
43 CenterPoint Energy Inc 1,200 0.04 109 Citigroup Inc 7,052 0.23
14 CenterState Bank Corp 347 0.01 1 Citizens & Northern Corp 39 –
8 Central European Media Enterprises Ltd 25 – 1 Citizens Community Bancorp Inc 12 –
1 Central Federal Corp 10 – 32 Citizens Financial Group Inc 1,147 0.04
5 Central Garden & Pet Co (non-voting rights) 163 0.01 – Citizens First Corp 2 –
2 Central Garden & Pet Co (voting rights) 53 – 3 Citizens Inc 26 –
3 Central Pacific Financial Corp 91 – 12 Citrix Systems Inc 1,297 0.04
1 Central Valley Community Bancorp 28 – 2 City Holding Co 147 0.01
11 Century Aluminum Co 102 – 19 Civeo Corp 33 –
– Century Bancorp Inc 39 – 2 Civista Bancshares Inc 40 –
3 Century Casinos Inc 23 – 4 Civitas Solutions Inc 58 –
4 Century Communities Inc 83 – 5 Clarus Corp 59 –
88 CenturyLink Inc 1,653 0.06 28 Clean Energy Fuels Corp 62 –
3 Cerecor Inc 9 – 6 Clean Harbors Inc 410 0.01
23 Cerner Corp 1,343 0.04 6 Clear Channel Outdoor Holdings Inc 28 –
2 CEVA Inc 55 – 1 ClearOne Inc 1 –
23 CF Industries Holdings Inc 989 0.03 1 Clearwater Paper Corp 42 –
15 CH Robinson Worldwide Inc 1,422 0.05 4 Clearway Energy Inc, Class A 65 –
1 Champions Oncology Inc 15 – 8 Clearway Energy Inc, Class C 139 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 125
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 59.33% (continued) United States - 59.33% (continued)
32 Cleveland-Cliffs Inc 299 0.01 5 Contango Oil & Gas Co 19 –
9 Clorox Co 1,460 0.05 5 Continental Building Products Inc 145 0.01
10 Cloud Peak Energy Inc 8 – 16 Continental Resources Inc 712 0.02
14 CME Group Inc 2,731 0.09 2 Control4 Corp 54 –
26 CMS Energy Corp 1,348 0.05 5 Cooper Cos Inc 1,335 0.04
2 CNB Financial Corp 57 – 6 Cooper Tire & Rubber Co 209 0.01
7 CNO Financial Group Inc 130 – 2 Cooper-Standard Holdings Inc 165 0.01
30 CNX Resources Corp 414 0.01 3 Copa Holdings SA 254 0.01
1 Coca-Cola Bottling Co Consolidated 193 0.01 23 Copart Inc 1,189 0.04
157 Coca-Cola Co 7,905 0.26 10 Corcept Therapeutics Inc 143 0.01
2 Codorus Valley Bancorp Inc 42 – 4 Core Laboratories NV 352 0.01
23 Coeur Mining Inc 93 – 1 Core Molding Technologies Inc 7 –
5 Cogent Communications Holdings Inc 249 0.01 5 Core-Mark Holding Co Inc 122 –
12 Cognex Corp 543 0.02 10 CoreLogic Inc 422 0.01
40 Cognizant Technology Solutions Corp 2,833 0.09 59 Corning Inc 1,893 0.06
5 Cohen & Steers Inc 188 0.01 2 CorVel Corp 126 –
3 Coherent Inc 407 0.01 2 Corvus Pharmaceuticals Inc 14 –
5 Cohu Inc 93 – 2 CoStar Group Inc 650 0.02
17 Colfax Corp 413 0.01 22 Costco Wholesale Corp 5,065 0.17
41 Colgate-Palmolive Co 2,594 0.09 71 Coty Inc 591 0.02
2 Collectors Universe Inc 20 – 1 County Bancorp Inc 14 –
1 Colony Bankcorp Inc 12 – 16 Covanta Holding Corp 271 0.01
10 Columbia Banking System Inc 411 0.01 1 Covenant Transportation Group Inc 33 –
8 Columbia Sportswear Co 705 0.02 4 Cowen Inc 60 –
3 Columbus McKinnon Corp 118 – 1 CPI Aerostructures Inc 9 –
318 Comcast Corp 12,413 0.41 1 CRA International Inc 54 –
13 Comerica Inc 1,008 0.03 2 Cracker Barrel Old Country Store Inc 450 0.02
5 Comfort Systems USA Inc 268 0.01 2 Craft Brew Alliance Inc 26 –
14 Commerce Bancshares Inc 858 0.03 7 Crane Co 610 0.02
9 Commercial Metals Co 169 0.01 5 Crawford & Co, Class A 44 –
5 Commercial Vehicle Group Inc 33 – 3 Crawford & Co, Class B 29 –
21 CommScope Holding Co Inc 387 0.01 6 Cray Inc 146 0.01
7 Community Bank System Inc 490 0.02 2 Credit Acceptance Corp 1,017 0.03
3 Community Bankers Trust Corp 23 – 15 Cree Inc 659 0.02
1 Community Financial Corp 18 – 7 Crocs Inc 198 0.01
1 Community First Bancshares Inc 15 – 4 Cross Country Healthcare Inc 39 –
11 Community Health Systems Inc 50 – – Crown Crafts Inc 1 –
2 Community Trust Bancorp Inc 112 – 16 Crown Holdings Inc 798 0.03
1 Community West Bancshares 9 – 4 CryoLife Inc 115 –
3 CommVault Systems Inc 173 0.01 4 CSG Systems International Inc 157 0.01
4 Compass Minerals International Inc 213 0.01 2 CSW Industrials Inc 101 –
1 Computer Programs & Systems Inc 16 – 62 CSX Corp 4,511 0.15
2 Computer Task Group Inc 7 – 4 CTS Corp 106 –
2 comScore Inc 32 – 3 Cubic Corp 200 0.01
3 Comtech Telecommunications Corp 65 – 9 Cullen/Frost Bankers Inc 936 0.03
38 Conagra Brands Inc 1,232 0.04 2 Culp Inc 32 –
4 Concert Pharmaceuticals Inc 59 – 2 Cumberland Pharmaceuticals Inc 13 –
18 Concho Resources Inc 2,323 0.08 16 Cummins Inc 2,450 0.08
30 Conduent Inc 382 0.01 5 Curtiss-Wright Corp 544 0.02
3 CONMED Corp 194 0.01 4 Customers Bancorp Inc 76 –
2 Conn's Inc 51 – 1 Cutera Inc 12 –
1 Connecticut Water Service Inc 95 – 21 CVB Financial Corp 478 0.02
4 ConnectOne Bancorp Inc 87 – 5 CVR Energy Inc 185 0.01
78 ConocoPhillips 5,132 0.17 73 CVS Health Corp 5,876 0.19
3 CONSOL Energy Inc 112 – 1 CyberOptics Corp 19 –
10 Consolidated Communications Holdings Inc 141 0.01 5 Cymabay Therapeutics Inc 49 –
23 Consolidated Edison Inc 1,836 0.06 40 Cypress Semiconductor Corp 552 0.02
2 Consolidated Water Co Ltd 21 – 2 Cytokinetics Inc 12 –
1 Consolidated-Tomoka Land Co 45 – – Daily Journal Corp 39 –
12 Constellation Brands Inc 2,297 0.08 6 Daktronics Inc 56 –
2 Consumer Portfolio Services Inc 7 – 17 Dana Inc 251 0.01
1 Container Store Group Inc 7 – 24 Danaher Corp 2,659 0.09
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 126
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 59.33% (continued) United States - 59.33% (continued)
12 Darden Restaurants Inc 1,297 0.04 4 Dril-Quip Inc 162 0.01
16 Darling Ingredients Inc 353 0.01 12 Drive Shack Inc 54 –
2 Dasan Zhone Solutions Inc 20 – 1 Dropbox Inc 21 –
1 Datawatch Corp 16 – 3 DSP Group Inc 36 –
5 Dave & Buster's Entertainment Inc 290 0.01 8 DSW Inc 221 0.01
21 DaVita Inc 1,416 0.05 14 DTE Energy Co 1,622 0.05
5 Dawson Geophysical Co 20 – 1 Ducommun Inc 37 –
9 Dean Foods Co 47 – 34 Duke Energy Corp 3,050 0.10
1 Deciphera Pharmaceuticals Inc 26 – 4 Dun & Bradstreet Corp 532 0.02
4 Deckers Outdoor Corp 532 0.02 9 Dunkin' Brands Group Inc 677 0.02
23 Deere & Co 3,559 0.12 31 DXC Technology Co 1,925 0.06
3 Del Frisco's Restaurant Group Inc 21 – 3 DXP Enterprises Inc 103 –
5 Del Taco Restaurants Inc 56 – 3 Dycom Industries Inc 197 0.01
11 Delek US Holdings Inc 454 0.02 33 E*TRADE Financial Corp 1,708 0.06
6 Dell Technologies Inc Class V 604 0.02 5 Eagle Bancorp Inc 290 0.01
11 Delphi Technologies PLC 181 0.01 1 Eagle Bancorp Montana Inc 17 –
77 Delta Air Lines Inc 4,686 0.16 6 Eagle Bulk Shipping Inc 30 –
1 Delta Apparel Inc 22 – 5 Eagle Materials Inc 361 0.01
6 Deluxe Corp 284 0.01 1 Eagle Pharmaceuticals Inc 51 –
64 Denbury Resources Inc 144 0.01 5 Earthstone Energy Inc 36 –
7 Denny's Corp 114 – 18 East West Bancorp Inc 981 0.03
21 DENTSPLY SIRONA Inc 795 0.03 1 Eastern Co 22 –
4 Dermira Inc 49 – 18 Eastman Chemical Co 1,422 0.05
1 Destination Maternity Corp 4 – 2 Eastman Kodak Co 9 –
4 Destination XL Group Inc 12 – 33 Eaton Corp PLC 2,560 0.09
40 Devon Energy Corp 1,076 0.04 13 Eaton Vance Corp 511 0.02
4 DexCom Inc 515 0.02 62 eBay Inc 1,839 0.06
7 DHI Group Inc 12 – 2 Ebix Inc 90 –
20 DHT Holdings Inc 92 – 3 Echo Global Logistics Inc 79 –
– Diamond Hill Investment Group Inc 67 – 6 EchoStar Corp 262 0.01
12 Diamond Offshore Drilling Inc 147 0.01 23 Eclipse Resources Corp 26 –
18 Diamondback Energy Inc 1,954 0.07 19 Ecolab Inc 2,977 0.10
11 Dick's Sporting Goods Inc 404 0.01 8 Edgewell Personal Care Co 315 0.01
4 Diebold Nixdorf Inc 14 – 24 Edison International 1,331 0.04
2 Digi International Inc 25 – 13 Edwards Lifesciences Corp 2,045 0.07
3 Dillard's Inc 211 0.01 2 eGain Corp 16 –
4 Dime Community Bancshares Inc 75 – 2 eHealth Inc 96 –
7 Diodes Inc 232 0.01 5 El Paso Electric Co 260 0.01
10 Diplomat Pharmacy Inc 155 0.01 6 El Pollo Loco Holdings Inc 86 –
35 Discover Financial Services 2,471 0.08 8 Eldorado Resorts Inc 333 0.01
15 Discovery Inc, Class A 458 0.02 5 Electro Scientific Industries Inc 154 0.01
27 Discovery Inc, Class C 754 0.03 22 Electronic Arts Inc 1,872 0.06
20 DISH Network Corp 670 0.02 6 Electronics For Imaging Inc 178 0.01
3 Dixie Group Inc 3 – 4 Elevate Credit Inc 19 –
2 DLH Holdings Corp 10 – 39 Eli Lilly & Co 4,605 0.15
2 DMC Global Inc 75 – 3 Ellie Mae Inc 228 0.01
– DNB Financial Corp 13 – 1 Elmira Savings Bank 12 –
7 Dolby Laboratories Inc 470 0.02 1 EMC Insurance Group Inc 46 –
27 Dollar General Corp 2,970 0.10 6 EMCOR Group Inc 472 0.02
24 Dollar Tree Inc 2,114 0.07 3 EMCORE Corp 15 –
34 Dominion Energy Inc 2,498 0.08 2 Emerald Expositions Events Inc 23 –
4 Domino's Pizza Inc 1,171 0.04 5 Emergent BioSolutions Inc 382 0.01
8 Domtar Corp 365 0.01 47 Emerson Electric Co 3,171 0.11
13 Donaldson Co Inc 743 0.03 2 Emmis Communications Corp 7 –
3 Donegal Group Inc 44 – 4 Employers Holdings Inc 178 0.01
5 Donnelley Financial Solutions Inc 76 – 2 Enanta Pharmaceuticals Inc 168 0.01
6 Dorian LPG Ltd 45 – 12 Encompass Health Corp 890 0.03
4 Dorman Products Inc 330 0.01 3 Encore Capital Group Inc 87 –
3 Douglas Dynamics Inc 115 – 2 Encore Wire Corp 111 –
19 Dover Corp 1,595 0.05 23 Endo International PLC 278 0.01
100 DowDuPont Inc 5,793 0.19 17 Endurance International Group Holdings Inc 142 0.01
29 DR Horton Inc 1,084 0.04 6 Energizer Holdings Inc 274 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 127
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 59.33% (continued) United States - 59.33% (continued)
5 EnerSys 428 0.01 25 Extended Stay America Inc 448 0.02
5 Engility Holdings Inc 160 0.01 3 Exterran Corp 72 –
25 EnLink Midstream LLC 286 0.01 3 Extraction Oil & Gas Inc 15 –
2 Ennis Inc 46 – 196 Exxon Mobil Corp 15,557 0.51
4 Enova International Inc 93 – 6 Ezcorp Inc 60 –
3 EnPro Industries Inc 225 0.01 6 F5 Networks Inc 1,110 0.04
61 Ensco PLC 343 0.01 5 Fabrinet 243 0.01
6 Ensign Group Inc 263 0.01 123 Facebook Inc 17,265 0.57
2 Enstar Group Ltd 429 0.01 4 FactSet Research Systems Inc 875 0.03
1 Entegra Financial Corp 20 – 3 Fair Isaac Corp 545 0.02
19 Entegris Inc 549 0.02 2 Farmer Brothers Co 56 –
19 Entercom Communications Corp 122 – – Farmers & Merchants Bancorp Inc 2 –
14 Entergy Corp 1,217 0.04 4 Farmers National Banc Corp 56 –
1 Enterprise Bancorp Inc 45 – 2 FARO Technologies Inc 93 –
4 Enterprise Financial Services Corp 163 0.01 21 Fastenal Co 1,238 0.04
9 Entravision Communications Corp 29 – – Fauquier Bankshares Inc 4 –
3 Envestnet Inc 157 0.01 4 FB Financial Corp 173 0.01
5 Enzo Biochem Inc 15 – 1 FBL Financial Group Inc 38 –
35 EOG Resources Inc 3,605 0.12 6 FCB Financial Holdings Inc 243 0.01
8 EP Energy Corp 9 – 1 Federal Agricultural Mortgage Corp 53 –
4 EPAM Systems Inc 530 0.02 7 Federal Signal Corp 155 0.01
5 Epizyme Inc 38 – 10 Federated Investors Inc 260 0.01
2 ePlus Inc 129 – 16 FedEx Corp 3,604 0.12
23 EQT Corp 435 0.01 1 FedNat Holding Co 30 –
12 Equifax Inc 1,223 0.04 10 Ferro Corp 197 0.01
19 Equitrans Midstream Corp 415 0.01 18 Ferroglobe PLC 39 –
2 Equity Bancshares Inc 74 – 16 Ferroglobe Representation & Warrants Insurance
Trust – –
4 Era Group Inc 42 –
4 FibroGen Inc 179 0.01
5 Erie Indemnity Co 677 0.02
36 Fidelity National Financial Inc 1,213 0.04
2 Escalade Inc 23 –
25 Fidelity National Information Services Inc 2,671 0.09
4 ESCO Technologies Inc 247 0.01
4 Fidelity Southern Corp 90 –
– Espey Manufacturing & Electronics Corp 3 –
3 Fiesta Restaurant Group Inc 57 –
2 ESSA Bancorp Inc 25 –
54 Fifth Third Bancorp 1,504 0.05
4 Essendant Inc 56 –
2 Financial Institutions Inc 63 –
14 Essent Group Ltd 553 0.02
12 Finisar Corp 274 0.01
12 Estee Lauder Cos Inc 1,642 0.05
7 Finjan Holdings Inc 18 –
2 Esterline Technologies Corp 293 0.01
16 First American Financial Corp 775 0.03
3 Ethan Allen Interiors Inc 70 –
29 First BanCorp (Puerto Rico) 258 0.01
6 Etsy Inc 323 0.01
5 First Bancorp (Southern Pines NC) 182 0.01
5 Euronet Worldwide Inc 645 0.02
1 First Bancorp Inc 37 –
1 Evans Bancorp Inc 24 –
2 First Bancshares Inc 70 –
5 Evercore Inc 385 0.01
3 First Bank 30 –
5 Everest Re Group Ltd 1,050 0.04
7 First Busey Corp 200 0.01
20 Evergy Inc 1,207 0.04
1 First Business Financial Services Inc 20 –
24 Eversource Energy 1,611 0.05
– First Choice Bancorp 9 –
1 Everspin Technologies Inc 8 –
2 First Citizens BancShares Inc 690 0.02
8 Evertec Inc 214 0.01
14 First Commonwealth Financial Corp 196 0.01
12 Evolent Health Inc 301 0.01
3 First Community Bankshares Inc 90 –
5 Evolution Petroleum Corp 44 –
1 First Community Corp 31 –
2 Evolving Systems Inc 3 –
41 First Data Corp 790 0.03
6 EW Scripps Co 101 –
2 First Defiance Financial Corp 66 –
6 Exact Sciences Corp 457 0.02
15 First Financial Bancorp 405 0.01
7 Exela Technologies Inc 34 –
7 First Financial Bankshares Inc 444 0.02
25 Exelixis Inc 500 0.02
1 First Financial Corp 54 –
69 Exelon Corp 3,224 0.11
2 First Financial Northwest Inc 23 –
4 ExlService Holdings Inc 234 0.01
4 First Foundation Inc 71 –
2 ExOne Co 14 –
– First Guaranty Bancshares Inc 10 –
10 Expedia Group Inc 1,212 0.04
19 First Hawaiian Inc 494 0.02
17 Expeditors International of Washington Inc 1,292 0.04
47 First Horizon National Corp 782 0.03
4 Exponent Inc 193 0.01
1 First Internet Bancorp 22 –
9 Express Inc 56 –
6 First Interstate BancSystem Inc 245 0.01
49 Express Scripts Holding Co 4,988 0.17
7 First Merchants Corp 302 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 128
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 59.33% (continued) United States - 59.33% (continued)
2 First Mid-Illinois Bancshares Inc 76 – 6 G-III Apparel Group Ltd 226 0.01
15 First Midwest Bancorp Inc 351 0.01 1 Gaia Inc 14 –
2 First Northwest Bancorp 33 – 6 Gain Capital Holdings Inc 47 –
3 First of Long Island Corp 66 – 1 GAMCO Investors Inc 26 –
10 First Republic Bank 963 0.03 11 GameStop Corp 145 0.01
– First Savings Financial Group Inc 6 – 14 Gannett Co Inc 149 0.01
13 First Solar Inc 600 0.02 48 Gap Inc 1,313 0.04
1 First United Corp 18 – 22 Gardner Denver Holdings Inc 556 0.02
5 FirstCash Inc 485 0.02 19 Garmin Ltd 1,263 0.04
34 FirstEnergy Corp 1,285 0.04 3 Garrett Motion Inc 39 –
26 Fiserv Inc 2,058 0.07 7 Gartner Inc 1,013 0.03
32 Fitbit Inc 174 0.01 12 GasLog Ltd 246 0.01
5 Five Below Inc 509 0.02 3 GATX Corp 227 0.01
5 Five Prime Therapeutics Inc 63 – 12 GCI Liberty Inc 569 0.02
1 Five Star Senior Living Inc – – 8 GCP Applied Technologies Inc 217 0.01
8 Flagstar Bancorp Inc 274 0.01 3 Genco Shipping & Trading Ltd 23 –
7 FleetCor Technologies Inc 1,408 0.05 2 Gencor Industries Inc 19 –
62 Flex Ltd 541 0.02 7 Generac Holdings Inc 391 0.01
1 Flexsteel Industries Inc 22 – 386 General Electric Co 2,897 0.10
15 FLIR Systems Inc 702 0.02 62 General Mills Inc 2,604 0.09
7 Floor & Decor Holdings Inc 246 0.01 102 General Motors Co 3,865 0.13
8 Flotek Industries Inc 11 – 2 Genesco Inc 79 –
21 Flowers Foods Inc 421 0.01 9 Genesee & Wyoming Inc 716 0.02
15 Flowserve Corp 725 0.02 3 Genie Energy Ltd 19 –
16 Fluor Corp 637 0.02 21 Genpact Ltd 638 0.02
3 Flushing Financial Corp 79 – 36 Gentex Corp 807 0.03
14 FMC Corp 1,129 0.04 5 Gentherm Inc 218 0.01
47 FNB Corp 572 0.02 15 Genuine Parts Co 1,588 0.05
1 FONAR Corp 14 – 30 Genworth Financial Inc 138 0.01
16 Foot Locker Inc 898 0.03 2 Geospace Technologies Corp 32 –
387 Ford Motor Co 3,637 0.12 4 German American Bancorp Inc 115 –
– Forestar Group Inc 8 – 5 Gibraltar Industries Inc 177 0.01
10 FormFactor Inc 167 0.01 92 Gilead Sciences Inc 6,608 0.22
1 Forrester Research Inc 64 – 9 Glacier Bancorp Inc 402 0.01
3 Forterra Inc 15 – 4 Global Blood Therapeutics Inc 134 –
9 Fortinet Inc 665 0.02 3 Global Brass & Copper Holdings Inc 93 –
23 Fortive Corp 1,780 0.06 7 Global Eagle Entertainment Inc 16 –
19 Fortune Brands Home & Security Inc 836 0.03 1 Global Indemnity Ltd 40 –
16 Forum Energy Technologies Inc 104 – 9 Global Payments Inc 1,016 0.03
3 Forward Air Corp 228 0.01 2 Global Water Resources Inc 19 –
7 Fossil Group Inc 138 0.01 3 GlobalSCAPE Inc 11 –
4 Fox Factory Holding Corp 244 0.01 3 Globant SA 154 0.01
3 Francesca's Holdings Corp 5 – 7 Globus Medical Inc 358 0.01
23 Frank's International NV 167 0.01 6 Glu Mobile Inc 47 –
1 Franklin Covey Co 31 – 2 GlycoMimetics Inc 18 –
5 Franklin Electric Co Inc 229 0.01 4 GMS Inc 82 –
2 Franklin Financial Network Inc 74 – 12 GoDaddy Inc 792 0.03
37 Franklin Resources Inc 1,266 0.04 11 Gold Resource Corp 40 –
3 Fred's Inc 9 – 2 Golden Ocean Group Ltd 11 –
147 Freeport-McMoRan Inc 1,760 0.06 3 Goldfield Corp 8 –
1 FreightCar America Inc 12 – 19 Goldman Sachs Group Inc 3,645 0.12
2 Frequency Electronics Inc 22 – 1 Goodrich Petroleum Corp 15 –
4 Fresh Del Monte Produce Inc 136 0.01 33 Goodyear Tire & Rubber Co 767 0.03
6 Frontdoor Inc 146 0.01 4 GoPro Inc 22 –
6 Frontier Communications Corp 20 – 3 Gorman-Rupp Co 92 –
1 FRP Holdings Inc 63 – 2 GP Strategies Corp 31 –
– FS Bancorp Inc 18 – 20 Graco Inc 893 0.03
2 FTD Cos Inc 5 – 4 GrafTech International Ltd 63 –
3 FTI Consulting Inc 237 0.01 1 Graham Corp 31 –
4 Full House Resorts Inc 9 – 1 Graham Holdings Co 407 0.01
16 Fulton Financial Corp 272 0.01 5 Grand Canyon Education Inc 603 0.02
6 FutureFuel Corp 107 – 7 Granite Construction Inc 336 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 129
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 59.33% (continued) United States - 59.33% (continued)
38 Graphic Packaging Holding Co 458 0.02 2 HC2 Holdings Inc 7 –
10 Gray Television Inc 184 0.01 19 HCA Healthcare Inc 2,689 0.09
4 Great Elm Capital Group Inc 14 – 1 HCI Group Inc 47 –
7 Great Lakes Dredge & Dock Corp 51 – 24 HD Supply Holdings Inc 972 0.03
2 Great Southern Bancorp Inc 113 – – Health Insurance Innovations Inc 11 –
8 Great Western Bancorp Inc 291 0.01 6 Healthcare Services Group Inc 263 0.01
5 Green Bancorp Inc 97 – 4 HealthEquity Inc 340 0.01
5 Green Brick Partners Inc 42 – 3 HealthStream Inc 85 –
5 Green Dot Corp 410 0.01 9 Heartland Express Inc 196 0.01
3 Green Plains Inc 51 – 5 Heartland Financial USA Inc 269 0.01
4 Greenbrier Cos Inc 216 0.01 – Hecla Mining Co, Class A – –
2 Greenhill & Co Inc 52 – 36 Hecla Mining Co, Class B 85 –
3 Greenlight Capital Re Ltd 35 – 8 HEICO Corp, Class A 519 0.02
4 Greif Inc, Class A 193 0.01 5 HEICO Corp, Class B 434 0.01
2 Greif Inc, Class B 92 – 3 Heidrick & Struggles International Inc 96 –
– Griffin Industrial Realty Inc 16 – 3 Helen of Troy Ltd 380 0.01
2 Griffon Corp 28 – 16 Helix Energy Solutions Group Inc 133 –
2 Group 1 Automotive Inc 102 – 15 Helmerich & Payne Inc 880 0.03
48 Groupon Inc 147 0.01 3 Hemisphere Media Group Inc 35 –
7 GrubHub Inc 537 0.02 2 Hennessy Advisors Inc 21 –
3 GSI Technology Inc 15 – 17 Henry Schein Inc 1,534 0.05
4 GTT Communications Inc 138 0.01 17 Herbalife Nutrition Ltd 970 0.03
4 Guaranty Bancorp 92 – 4 Herc Holdings Inc 138 0.01
1 Guaranty Bancshares Inc 27 – 6 Heritage Commerce Corp 84 –
6 Guess? Inc 143 0.01 5 Heritage Financial Corp 183 0.01
5 Guidewire Software Inc 443 0.02 4 Heritage Insurance Holdings Inc 62 –
2 Gulf Island Fabrication Inc 13 – 3 Heritage-Crystal Clean Inc 86 –
21 Gulfport Energy Corp 181 0.01 8 Herman Miller Inc 274 0.01
4 H&E Equipment Services Inc 92 – 10 Hershey Co 1,084 0.04
20 H&R Block Inc 539 0.02 7 Hertz Global Holdings Inc 137 0.01
2 Habit Restaurants Inc 26 – – Heska Corp 43 –
4 Hackett Group Inc 73 – 19 Hess Corp 1,026 0.03
5 Haemonetics Corp 497 0.02 104 Hewlett Packard Enterprise Co 1,565 0.05
7 Hain Celestial Group Inc 145 0.01 12 Hexcel Corp 727 0.02
2 Halcon Resources Corp 6 – 4 HFF Inc 157 0.01
6 Hallador Energy Co 37 – 2 Hibbett Sports Inc 31 –
72 Halliburton Co 2,262 0.08 18 HighPoint Resources Corp 58 –
2 Hallmark Financial Services Inc 24 – 8 Hill International Inc 26 –
9 Halozyme Therapeutics Inc 155 0.01 7 Hill-Rom Holdings Inc 718 0.02
1 Hamilton Beach Brands Holding Co 26 – 7 Hillenbrand Inc 313 0.01
2 Hamilton Lane Inc 91 – 9 Hilltop Holdings Inc 173 0.01
12 Hancock Whitney Corp 495 0.02 8 Hilton Grand Vacations Inc 261 0.01
42 Hanesbrands Inc 675 0.02 20 Hilton Worldwide Holdings Inc 1,484 0.05
2 Hanger Inc 40 – – Hingham Institution for Savings 67 –
5 Hanmi Financial Corp 103 – 10 HMS Holdings Corp 341 0.01
6 Hanover Insurance Group Inc 701 0.02 5 HNI Corp 196 0.01
4 HarborOne Bancorp Inc 64 – 27 HollyFrontier Corp 1,692 0.06
22 Harley-Davidson Inc 951 0.03 34 Hologic Inc 1,522 0.05
11 Harmonic Inc 62 – – Home Bancorp Inc 8 –
9 Harris Corp 1,241 0.04 24 Home BancShares Inc 476 0.02
9 Harsco Corp 239 0.01 55 Home Depot Inc 9,986 0.33
– Harte-Hanks Inc 1 – 1 Home Federal Bancorp Inc 19 –
28 Hartford Financial Services Group Inc 1,254 0.04 3 HomeStreet Inc 80 –
5 Harvard Bioscience Inc 20 – 3 HomeTrust Bancshares Inc 70 –
12 Hasbro Inc 1,070 0.04 34 Honeywell International Inc 5,034 0.17
2 Haverty Furniture Cos Inc 32 – 1 Hooker Furniture Corp 27 –
12 Hawaiian Electric Industries Inc 460 0.02 18 Hope Bancorp Inc 273 0.01
7 Hawaiian Holdings Inc 280 0.01 – HopFed Bancorp Inc 6 –
2 Hawkins Inc 63 – 3 Horace Mann Educators Corp 120 –
1 Hawthorn Bancshares Inc 17 – 5 Horizon Bancorp Inc 92 –
1 Haynes International Inc 35 – 3 Horizon Global Corp 6 –
7 HB Fuller Co 346 0.01 19 Horizon Pharma PLC 384 0.01
36 Hormel Foods Corp 1,630 0.05
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 130
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 59.33% (continued) United States - 59.33% (continued)
2 Hornbeck Offshore Services Inc 6 – 3 Insmed Inc 51 –
12 Hostess Brands Inc 138 0.01 4 Insperity Inc 415 0.01
14 Houghton Mifflin Harcourt Co 142 0.01 3 Installed Building Products Inc 111 –
4 Houlihan Lokey Inc 152 0.01 2 Insteel Industries Inc 63 –
2 Houston Wire & Cable Co 14 – 3 Insulet Corp 230 0.01
10 Hovnanian Enterprises Inc 13 – 3 Integer Holdings Corp 285 0.01
1 Howard Bancorp Inc 14 – 8 Integra LifeSciences Holdings Corp 452 0.02
6 Howard Hughes Corp 696 0.02 8 Integrated Device Technology Inc 402 0.01
122 HP Inc 2,807 0.09 322 Intel Corp 15,875 0.52
5 Hub Group Inc 200 0.01 1 Intellia Therapeutics Inc 13 –
7 Hubbell Inc 805 0.03 14 Intelsat SA 359 0.01
2 Hubspot Inc 256 0.01 3 Inter Parfums Inc 194 0.01
14 Humana Inc 4,620 0.15 9 Interactive Brokers Group Inc 529 0.02
85 Huntington Bancshares Inc 1,242 0.04 33 Intercontinental Exchange Inc 2,716 0.09
5 Huntington Ingalls Industries Inc 1,088 0.04 4 InterDigital Inc 316 0.01
32 Huntsman Corp 653 0.02 8 Interface Inc 125 –
– Hurco Cos Inc 18 – 2 Internap Corp 14 –
3 Huron Consulting Group Inc 172 0.01 9 International Bancshares Corp 357 0.01
5 Hyatt Hotels Corp 346 0.01 50 International Business Machines Corp 6,241 0.21
2 Hyster-Yale Materials Handling Inc 121 – 1 International Flavors & Fragrances Inc 91 –
4 IAC/InterActiveCorp 694 0.02 8 International Flavors & Fragrances Inc 1,177 0.04
8 Iberiabank Corp 601 0.02 23 International Game Technology PLC 391 0.01
2 ICF International Inc 122 – 40 International Paper Co 1,833 0.06
2 Ichor Holdings Ltd 36 – 4 International Seaways Inc 72 –
2 ICU Medical Inc 490 0.02 51 Interpublic Group of Cos Inc 1,207 0.04
2 ID Systems Inc 10 – 2 inTEST Corp 15 –
6 IDACORP Inc 546 0.02 3 Intevac Inc 13 –
2 Identiv Inc 9 – 3 INTL. FCStone Inc 114 –
5 IDEX Corp 753 0.03 5 Intra-Cellular Therapies Inc 78 –
6 IDEXX Laboratories Inc 1,293 0.04 16 Intrepid Potash Inc 52 –
2 IDT Corp 16 – 1 IntriCon Corp 17 –
3 IES Holdings Inc 46 – 14 Intuit Inc 2,900 0.10
7 II-VI Inc 256 0.01 4 Intuitive Surgical Inc 1,968 0.07
15 Illinois Tool Works Inc 2,028 0.07 3 Invacare Corp 14 –
6 Illumina Inc 1,966 0.07 32 Invesco Ltd 645 0.02
7 IMAX Corp 127 – 1 Investar Holding Corp 29 –
4 Immersion Corp 37 – 4 Investment Technology Group Inc 126 –
1 Immune Design Corp 2 – 40 Investors Bancorp Inc 496 0.02
1 Impac Mortgage Holdings Inc 4 – – Investors Title Co 56 –
3 Imperva Inc 147 0.01 1 ION Geophysical Corp 13 –
8 Incyte Corp 506 0.02 7 Ionis Pharmaceuticals Inc 435 0.01
7 Independence Contract Drilling Inc 23 – 1 Iovance Biotherapeutics Inc 9 –
2 Independence Holding Co 74 – 5 IPG Photonics Corp 649 0.02
3 Independent Bank Corp (Massachusetts) 278 0.01 14 IQVIA Holdings Inc 1,789 0.06
4 Independent Bank Corp (Michigan) 91 – 2 IRIDEX Corp 10 –
4 Independent Bank Group Inc 234 0.01 16 Iridium Communications Inc 378 0.01
21 Infinera Corp 91 – 2 iRobot Corp 160 0.01
4 Infinity Pharmaceuticals Inc 5 – – Isramco Inc 29 –
5 Information Services Group Inc 21 – 2 Iteris Inc 11 –
2 InfuSystem Holdings Inc 7 – 4 Itron Inc 213 0.01
18 Ingersoll-Rand PLC 1,831 0.06 10 ITT Inc 553 0.02
4 Ingevity Corp 410 0.01 2 J Alexander's Holdings Inc 18 –
1 Ingles Markets Inc 35 – 2 J&J Snack Foods Corp 337 0.01
10 Ingredion Inc 1,005 0.03 2 J. Jill Inc 10 –
4 InnerWorkings Inc 16 – 6 j2 Global Inc 453 0.02
2 Innophos Holdings Inc 60 – 23 Jabil Inc 572 0.02
4 Innospec Inc 262 0.01 7 Jack Henry & Associates Inc 1,022 0.03
12 Innoviva Inc 213 0.01 3 Jack in the Box Inc 266 0.01
1 Inogen Inc 159 0.01 17 Jacobs Engineering Group Inc 1,088 0.04
8 Inovio Pharmaceuticals Inc 45 – 4 James River Group Holdings Ltd 159 0.01
5 Inphi Corp 183 0.01 26 Janus Henderson Group PLC 600 0.02
3 Insight Enterprises Inc 118 – 1 Jason Industries Inc 1 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 131
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 59.33% (continued) United States - 59.33% (continued)
7 Jazz Pharmaceuticals PLC 1,029 0.03 23 Kraft Heinz Co 1,188 0.04
12 JB Hunt Transport Services Inc 1,236 0.04 3 Kraton Corp 78 –
29 JC Penney Co Inc 41 – 12 Kratos Defense & Security Solutions Inc 159 0.01
38 Jefferies Financial Group Inc 839 0.03 92 Kroger Co 2,727 0.09
9 Jeld Wen Holding Inc 177 0.01 9 Kronos Worldwide Inc 107 –
44 JetBlue Airways Corp 862 0.03 5 Kulicke & Soffa Industries Inc 109 –
10 JM Smucker Co 1,025 0.03 3 KVH Industries Inc 35 –
1 John B Sanfilippo & Son Inc 57 – 29 L Brands Inc 946 0.03
3 John Bean Technologies Corp 263 0.01 6 L3 Technologies Inc 1,016 0.03
6 John Wiley & Sons Inc, Class A 320 0.01 6 La-Z-Boy Inc 177 0.01
– John Wiley & Sons Inc, Class B 11 – 7 Laboratory Corp of America Holdings 1,050 0.04
134 Johnson & Johnson 19,680 0.65 17 Ladenburg Thalmann Financial Services Inc 50 –
65 Johnson Controls International PLC 2,265 0.08 7 Lakeland Bancorp Inc 117 –
1 Johnson Outdoors Inc 67 – 3 Lakeland Financial Corp 124 –
2 Joint Corp 13 – 1 Lakeland Industries Inc 13 –
6 Jones Lang LaSalle Inc 842 0.03 15 Lam Research Corp 2,350 0.08
3 Jounce Therapeutics Inc 13 – 15 Lamb Weston Holdings Inc 1,143 0.04
193 JPMorgan Chase & Co 21,407 0.71 2 Lancaster Colony Corp 418 0.01
41 Juniper Networks Inc 1,190 0.04 3 Landec Corp 47 –
4 K12 Inc 87 – – Landmark Bancorp Inc 10 –
1 Kadant Inc 102 – 2 Lands' End Inc 52 –
2 Kaiser Aluminum Corp 149 0.01 4 Landstar System Inc 459 0.02
1 Kala Pharmaceuticals Inc 5 – 2 Lannett Co Inc 10 –
11 Kansas City Southern 1,159 0.04 4 Lantheus Holdings Inc 70 –
14 KAR Auction Services Inc 803 0.03 1 Lantronix Inc 4 –
4 Karyopharm Therapeutics Inc 45 – 32 Laredo Petroleum Inc 140 0.01
11 KB Home 229 0.01 24 Las Vegas Sands Corp 1,335 0.04
20 KBR Inc 374 0.01 13 Lattice Semiconductor Corp 78 –
11 Keane Group Inc 126 – 13 Laureate Education Inc 187 0.01
14 Kearny Financial Corp 182 0.01 1 Lawson Products Inc 31 –
30 Kellogg Co 1,901 0.06 11 Lazard Ltd 460 0.02
3 Kelly Services Inc 77 – 1 LB Foster Co 26 –
7 KEMET Corp 140 0.01 3 LCI Industries 262 0.01
9 Kemper Corp 714 0.02 2 LCNB Corp 26 –
11 Kennametal Inc 457 0.02 4 Leaf Group Ltd 29 –
19 Kennedy-Wilson Holdings Inc 381 0.01 8 Lear Corp 1,080 0.04
3 Keurig Dr Pepper Inc 87 – 8 Lee Enterprises Inc 17 –
– Kewaunee Scientific Corp 11 – 7 LegacyTexas Financial Group Inc 267 0.01
1 Key Energy Services Inc 4 – 11 Legg Mason Inc 317 0.01
69 KeyCorp 1,267 0.04 17 Leggett & Platt Inc 666 0.02
20 Keysight Technologies Inc 1,263 0.04 17 Leidos Holdings Inc 1,042 0.03
7 KeyW Holding Corp 67 – 2 LeMaitre Vascular Inc 64 –
3 Kforce Inc 88 – 60 LendingClub Corp 207 0.01
2 Kimball Electronics Inc 43 – 1 LendingTree Inc 198 0.01
5 Kimball International Inc 75 – 20 Lennar Corp 834 0.03
26 Kimberly-Clark Corp 3,031 0.10 2 Lennar Corp, Class B 54 –
140 Kinder Morgan Inc 2,384 0.08 4 Lennox International Inc 992 0.03
3 Kindred Biosciences Inc 41 – 4 LHC Group Inc 437 0.01
1 Kingstone Cos Inc 19 – 4 Libbey Inc 25 –
2 Kinsale Capital Group Inc 111 – 2 Liberty Broadband Corp, Class A 151 0.01
9 Kirby Corp 667 0.02 10 Liberty Broadband Corp, Class C 872 0.03
2 Kirkland's Inc 22 – 8 Liberty Expedia Holdings Inc 327 0.01
12 KLA-Tencor Corp 1,140 0.04 6 Liberty Latin America Ltd, Class A 117 –
3 KLX Energy Services Holdings Inc 51 – 4 Liberty Latin America Ltd, Class C 70 –
26 Knight-Swift Transportation Holdings Inc 901 0.03 2 Liberty Media Corp-Liberty SiriusXM, Class A 72 –
5 Knoll Inc 98 – 6 Liberty Media Corp-Liberty SiriusXM, Class C 228 0.01
12 Knowles Corp 181 0.01 1 Liberty Tax Inc 6 –
25 Kohl's Corp 1,670 0.06 9 Liberty TripAdvisor Holdings Inc 166 0.01
8 Kopin Corp 13 – 1 Lifetime Brands Inc 12 –
2 Koppers Holdings Inc 34 – 2 Lifevantage Corp 24 –
6 Korn/Ferry International 297 0.01 1 Lifeway Foods Inc 3 –
41 Kosmos Energy Ltd 220 0.01 2 Ligand Pharmaceuticals Inc 241 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 132
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 59.33% (continued) United States - 59.33% (continued)
1 Limbach Holdings Inc 5 – 2 Manitex International Inc 15 –
11 Limelight Networks Inc 37 – 4 Manitowoc Co Inc 79 –
1 Limestone Bancorp Inc 15 – 2 Manning & Napier Inc 4 –
3 Limoneira Co 60 – 7 ManpowerGroup Inc 603 0.02
3 Lincoln Educational Services Corp 7 – 2 ManTech International Corp 116 –
7 Lincoln Electric Holdings Inc 565 0.02 79 Marathon Oil Corp 1,320 0.04
14 Lincoln National Corp 861 0.03 47 Marathon Petroleum Corp 3,091 0.10
5 Lindblad Expeditions Holdings Inc 67 – 6 Marchex Inc 17 –
10 Linde PLC 1,666 0.06 4 Marcus & Millichap Inc 160 0.01
15 Linde PLC 2,389 0.08 2 Marcus Corp 90 –
1 Lindsay Corp 114 – 2 Marine Products Corp 53 –
11 Lions Gate Entertainment Corp, Class A 207 0.01 2 MarineMax Inc 40 –
18 Lions Gate Entertainment Corp, Class B 330 0.01 1 Markel Corp 1,040 0.03
2 Lipocine Inc 2 – 3 MarketAxess Holdings Inc 677 0.02
5 Liquidity Services Inc 30 – 1 Marlin Business Services Corp 25 –
3 Lithia Motors Inc 228 0.01 20 Marriott International Inc 2,244 0.07
3 Littelfuse Inc 529 0.02 5 Marriott Vacations Worldwide Corp 414 0.01
6 LivaNova PLC 573 0.02 38 Marsh & McLennan Cos Inc 3,328 0.11
19 Live Nation Entertainment Inc 1,076 0.04 5 Marten Transport Ltd 103 –
4 Live Oak Bancshares Inc 80 – 6 Martin Marietta Materials Inc 1,182 0.04
2 LivePerson Inc 45 – 75 Marvell Technology Group Ltd 1,202 0.04
7 LiveRamp Holdings Inc 348 0.01 32 Masco Corp 1,004 0.03
40 LKQ Corp 1,127 0.04 4 Masimo Corp 413 0.01
20 Loews Corp 985 0.03 4 Masonite International Corp 189 0.01
7 LogMeIn Inc 643 0.02 11 MasTec Inc 482 0.02
5 Lonestar Resources US Inc 34 – 2 Mastech Digital Inc 12 –
18 Louisiana-Pacific Corp 418 0.01 42 Mastercard Inc 8,466 0.28
38 Lowe's Cos Inc 3,554 0.12 2 MasterCraft Boat Holdings Inc 50 –
2 Loxo Oncology Inc 211 0.01 13 Matador Resources Co 293 0.01
10 LPL Financial Holdings Inc 647 0.02 5 Match Group Inc 211 0.01
5 LRAD Corp 13 – 2 Materion Corp 102 –
4 LSB Industries Inc 31 – 2 Matrix Service Co 51 –
3 LSC Communications Inc 34 – 6 Matson Inc 235 0.01
2 LSI Industries Inc 10 – 33 Mattel Inc 454 0.02
3 Luby's Inc 5 – 5 Matthews International Corp 202 0.01
10 Lululemon Athletica Inc 1,383 0.05 2 Maui Land & Pineapple Co Inc 20 –
1 Lumber Liquidators Holdings Inc 9 – 20 Maxim Integrated Products Inc 1,115 0.04
7 Lumentum Holdings Inc 304 0.01 8 MAXIMUS Inc 576 0.02
5 Luminex Corp 152 0.01 7 MaxLinear Inc 138 0.01
3 Luna Innovations Inc 11 – 6 Maxwell Technologies Inc 14 –
2 Luxoft Holding Inc 79 – 11 MB Financial Inc 491 0.02
2 Lydall Inc 43 – 13 MBIA Inc 121 –
38 LyondellBasell Industries NV 3,521 0.12 3 MBT Financial Corp 37 –
9 M&T Bank Corp 1,522 0.05 1 McClatchy Co 3 –
2 M/I Homes Inc 51 – 8 McCormick & Co Inc (non-voting rights) 1,131 0.04
5 Macatawa Bank Corp 49 – 1 McCormick & Co Inc (voting rights) 130 –
2 Mackinac Financial Corp 26 – 24 McDermott International Inc 211 0.01
2 MACOM Technology Solutions Holdings Inc 44 – 40 McDonald's Corp 7,630 0.25
12 Macquarie Infrastructure Corp 485 0.02 11 McEwen Mining Inc 20 –
3 MacroGenics Inc 50 – 3 McGrath RentCorp 177 0.01
45 Macy's Inc 1,528 0.05 19 McKesson Corp 2,369 0.08
2 Madison Square Garden Co 538 0.02 4 MDC Holdings Inc 131 –
1 Madrigal Pharmaceuticals Inc 71 – 29 MDU Resources Group Inc 758 0.03
2 Magellan Health Inc 118 – 10 Media General Inc CVR 1 –
7 Maiden Holdings Ltd 19 – 3 Medidata Solutions Inc 268 0.01
1 Majesco 9 – 1 Medifast Inc 180 0.01
3 Malibu Boats Inc 126 – 13 MEDNAX Inc 540 0.02
12 Mallinckrodt PLC 285 0.01 4 Medpace Holdings Inc 237 0.01
1 Malvern Bancorp Inc 27 – 51 Medtronic PLC 5,017 0.17
1 MAM Software Group Inc 9 – 3 Meet Group Inc 13 –
– Mammoth Energy Services Inc 10 – 4 MEI Pharma Inc 11 –
6 Manhattan Associates Inc 300 0.01 – MENE – –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 133
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 59.33% (continued) United States - 59.33% (continued)
2 Mercantile Bank Corp 71 – 4 Morningstar Inc 529 0.02
9 Mercer International Inc 111 – 44 Mosaic Co 1,579 0.05
113 Merck & Co Inc 8,955 0.30 3 Motorcar Parts of America Inc 47 –
8 Mercury General Corp 445 0.02 12 Motorola Solutions Inc 1,586 0.05
5 Mercury Systems Inc 256 0.01 1 Movado Group Inc 42 –
6 Meredith Corp 329 0.01 2 Mr Cooper Group Inc 37 –
8 Meridian Bancorp Inc 133 – 14 MRC Global Inc 216 0.01
4 Meridian Bioscience Inc 83 – 3 MSA Safety Inc 302 0.01
5 Merit Medical Systems Inc 317 0.01 6 MSC Industrial Direct Co Inc 530 0.02
4 Meritage Homes Corp 145 0.01 7 MSCI Inc 1,122 0.04
10 Meritor Inc 169 0.01 7 MSG Networks Inc 180 0.01
– Mesa Laboratories Inc 68 – 3 MTS Systems Corp 139 0.01
4 Meta Financial Group Inc 90 – 7 Mueller Industries Inc 170 0.01
5 Methode Electronics Inc 137 0.01 17 Mueller Water Products Inc 183 0.01
52 MetLife Inc 2,300 0.08 3 Multi-Color Corp 113 –
2 Mettler-Toledo International Inc 1,101 0.04 24 Murphy Oil Corp 752 0.03
4 MGE Energy Inc 252 0.01 5 Murphy USA Inc 372 0.01
53 MGIC Investment Corp 619 0.02 1 MutualFirst Financial Inc 40 –
38 MGM Resorts International 1,033 0.03 1 MVB Financial Corp 11 –
2 MGP Ingredients Inc 108 – 4 Myers Industries Inc 72 –
20 Michael Kors Holdings Ltd 857 0.03 38 Mylan NV 1,290 0.04
18 Michaels Cos Inc 310 0.01 1 MYR Group Inc 46 –
17 Microchip Technology Inc 1,282 0.04 7 Myriad Genetics Inc 240 0.01
93 Micron Technology Inc 3,582 0.12 49 Nabors Industries Ltd 158 0.01
329 Microsoft Corp 36,523 1.21 1 NACCO Industries Inc 20 –
1 MicroStrategy Inc 127 – 3 Nanometrics Inc 85 –
6 Middleby Corp 753 0.03 2 Napco Security Technologies Inc 39 –
– Middlefield Banc Corp 14 – 12 Nasdaq Inc 1,089 0.04
2 Middlesex Water Co 85 – – Nathan's Famous Inc 36 –
2 Midland States Bancorp Inc 53 – 5 National Bank Holdings Corp 178 0.01
3 MidSouth Bancorp Inc 41 – 1 National Bankshares Inc 30 –
1 Midstates Petroleum Co Inc 12 – 3 National Beverage Corp 224 0.01
2 MidWestOne Financial Group Inc 52 – 8 National CineMedia Inc 55 –
7 Milacron Holdings Corp 102 – 1 National Commerce Corp 51 –
1 Miller Industries Inc 34 – 9 National Fuel Gas Co 501 0.02
3 Mimecast Ltd 105 – 15 National General Holdings Corp 398 0.01
3 MiMedx Group Inc 10 – 2 National HealthCare Corp 177 0.01
2 MINDBODY Inc 50 – 10 National Instruments Corp 473 0.02
5 Minerals Technologies Inc 274 0.01 27 National Oilwell Varco Inc 881 0.03
4 Minerva Neurosciences Inc 33 – 1 National Presto Industries Inc 111 –
3 Mirati Therapeutics Inc 131 – 2 National Research Corp 89 –
4 Mistras Group Inc 64 – 8 National Vision Holdings Inc 305 0.01
4 Mitek Systems Inc 34 – 1 National Western Life Group Inc 163 0.01
6 MKS Instruments Inc 437 0.01 1 Natural Alternatives International Inc 11 –
1 MMA Capital Management LLC 30 – 1 Natural Gas Services Group Inc 28 –
5 Mobile Mini Inc 198 0.01 3 Natural Grocers by Vitamin Cottage Inc 49 –
6 Modine Manufacturing Co 75 – 3 Nature's Sunshine Products Inc 24 –
5 Moelis & Co 218 0.01 3 Natus Medical Inc 114 –
5 Mohawk Industries Inc 660 0.02 4 Nautilus Inc 56 –
1 Molecular Templates Inc 6 – 36 Navient Corp 412 0.01
5 Molina Healthcare Inc 761 0.03 5 Navigant Consulting Inc 132 –
22 Molson Coors Brewing Co 1,467 0.05 3 Navigators Group Inc 201 0.01
1 Momenta Pharmaceuticals Inc 14 – 10 Navistar International Corp 330 0.01
56 Mondelez International Inc 2,514 0.08 6 NBT Bancorp Inc 251 0.01
2 MoneyGram International Inc 5 – 7 NCI Building Systems Inc 85 –
3 Monolithic Power Systems Inc 414 0.01 14 NCR Corp 388 0.01
4 Monotype Imaging Holdings Inc 65 – 2 NCS Multistage Holdings Inc 14 –
4 Monro Inc 312 0.01 2 Neenah Inc 144 0.01
29 Monster Beverage Corp 1,741 0.06 6 Nektar Therapeutics 236 0.01
11 Moody's Corp 1,766 0.06 3 Nelnet Inc 183 0.01
4 Moog Inc 371 0.01 3 Neogen Corp 189 0.01
69 Morgan Stanley 3,048 0.10 5 NeoGenomics Inc 87 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 134
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 59.33% (continued) United States - 59.33% (continued)
4 NeoPhotonics Corp 30 – 25 Nucor Corp 1,537 0.05
27 NetApp Inc 1,803 0.06 6 Nutanix Inc 276 0.01
13 Netflix Inc 3,707 0.12 3 Nutrisystem Inc 118 –
3 NETGEAR Inc 182 0.01 6 NuVasive Inc 375 0.01
11 NetScout Systems Inc 284 0.01 1 Nuvectra Corp 17 –
1 NetSol Technologies Inc 6 – 1 NV5 Global Inc 81 –
3 Network-1 Technologies Inc 7 – – NVE Corp 38 –
4 Neurocrine Biosciences Inc 382 0.01 26 nVent Electric PLC 655 0.02
3 New Home Co Inc 18 – 27 NVIDIA Corp 4,342 0.14
9 New Jersey Resources Corp 452 0.02 – NVR Inc 867 0.03
9 New Media Investment Group Inc 121 – 6 O'Reilly Automotive Inc 1,937 0.06
3 New Relic Inc 225 0.01 46 Oasis Petroleum Inc 326 0.01
60 New York Community Bancorp Inc 641 0.02 4 ObsEva SA 51 –
17 New York Times Co 445 0.02 35 Occidental Petroleum Corp 2,470 0.08
27 Newell Brands Inc 623 0.02 14 Oceaneering International Inc 227 0.01
27 Newfield Exploration Co 463 0.02 7 OceanFirst Financial Corp 175 0.01
1 NewMarket Corp 554 0.02 12 Oclaro Inc 95 –
38 Newmont Mining Corp 1,231 0.04 18 Ocwen Financial Corp 38 –
8 Newpark Resources Inc 58 – 56 Office Depot Inc 180 0.01
45 News Corp, Class A 590 0.02 3 OFG Bancorp 58 –
20 News Corp, Class B 272 0.01 21 OGE Energy Corp 849 0.03
6 NewStar Financial Inc 1 – 7 Oil States International Inc 161 0.01
3 Nexeo Solutions Inc 30 – 1 Oil-Dri Corp of America 22 –
6 Nexstar Media Group Inc 502 0.02 5 Okta Inc 306 0.01
24 NextEra Energy Inc 4,369 0.14 9 Old Dominion Freight Line Inc 1,287 0.04
7 NextGen Healthcare Inc 116 – 2 Old Line Bancshares Inc 60 –
1 NI Holdings Inc 22 – 22 Old National Bancorp 409 0.01
7 NIC Inc 88 – – Old Point Financial Corp 8 –
2 Nicholas Financial Inc 23 – 44 Old Republic International Corp 996 0.03
– Nicolet Bankshares Inc 10 – 4 Old Second Bancorp Inc 58 –
45 Nielsen Holdings PLC 1,215 0.04 23 Olin Corp 490 0.02
60 NIKE Inc 4,524 0.15 6 Ollie's Bargain Outlet Holdings Inc 504 0.02
40 NiSource Inc 1,045 0.04 2 Olympic Steel Inc 33 –
4 NL Industries Inc 18 – 1 Omega Flex Inc 49 –
10 NMI Holdings Inc 190 0.01 4 Omnicell Inc 295 0.01
2 NN Inc 14 – 17 Omnicom Group Inc 1,320 0.04
33 Noble Corp PLC 137 0.01 5 OMNOVA Solutions Inc 38 –
41 Noble Energy Inc 981 0.03 12 On Deck Capital Inc 92 –
1 Noodles & Co 7 – 52 ON Semiconductor Corp 996 0.03
– Nordic American Offshore Ltd – – 4 OncoMed Pharmaceuticals Inc 5 –
1 Nordic American Tankers Ltd 2 – 6 ONE Gas Inc 491 0.02
6 Nordson Corp 748 0.03 3 ONE Group Hospitality Inc 9 –
18 Nordstrom Inc 937 0.03 19 OneMain Holdings Inc 560 0.02
19 Norfolk Southern Corp 3,313 0.11 30 ONEOK Inc 1,822 0.06
1 Northeast Bancorp 22 – 5 OneSpan Inc 84 –
38 Northern Oil and Gas Inc 98 – 4 Ophthotech Corp 7 –
1 Northern Technologies International Corp 21 – 38 OPKO Health Inc 142 0.01
16 Northern Trust Corp 1,602 0.05 2 Oppenheimer Holdings Inc 68 –
6 Northfield Bancorp Inc 88 – 5 Opus Bank 117 –
1 Northrim BanCorp Inc 45 – 177 Oracle Corp 8,644 0.29
7 Northrop Grumman Corp 1,759 0.06 7 OraSure Technologies Inc 92 –
9 Northwest Bancshares Inc 155 0.01 8 ORBCOMM Inc 74 –
3 Northwest Natural Holding Co 207 0.01 4 Orion Group Holdings Inc 17 –
1 Northwest Pipe Co 24 – 6 Oritani Financial Corp 101 –
6 NorthWestern Corp 353 0.01 5 Ormat Technologies Inc 288 0.01
27 Norwegian Cruise Line Holdings Ltd 1,388 0.05 1 Ormat Technologies Inc 81 –
– Norwood Financial Corp 11 – 1 Orrstown Financial Services Inc 30 –
3 Novanta Inc 170 0.01 2 Orthofix Medical Inc 121 –
16 NOW Inc 218 0.01 10 Oshkosh Corp 710 0.02
32 NRG Energy Inc 1,226 0.04 2 OSI Systems Inc 143 0.01
5 Nu Skin Enterprises Inc 357 0.01 2 Otonomy Inc 5 –
37 Nuance Communications Inc 588 0.02 4 Otter Tail Corp 219 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 135
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 59.33% (continued) United States - 59.33% (continued)
12 Overseas Shipholding Group Inc 26 – 4 Perficient Inc 98 –
1 Overstock.com Inc 13 – 12 Performance Food Group Co 421 0.01
8 Owens & Minor Inc 62 – 6 Performant Financial Corp 10 –
12 Owens Corning 627 0.02 11 PerkinElmer Inc 985 0.03
22 Owens-Illinois Inc 408 0.01 2 Perma-Pipe International Holdings Inc 20 –
2 Oxford Industries Inc 163 0.01 16 Perrigo Co PLC 972 0.03
35 PACCAR Inc 2,162 0.07 24 Perspecta Inc 500 0.02
2 Pacific Ethanol Inc 4 – 2 PetMed Express Inc 51 –
4 Pacific Mercantile Bancorp 34 – 1 Pfenex Inc 5 –
6 Pacific Premier Bancorp Inc 178 0.01 285 Pfizer Inc 13,162 0.44
2 Pacira Pharmaceuticals Inc 107 – 2 PFSweb Inc 14 –
13 Packaging Corp of America 1,241 0.04 38 PG&E Corp 999 0.03
17 PacWest Bancorp 669 0.02 5 PGT Innovations Inc 103 –
3 Palo Alto Networks Inc 499 0.02 4 PH Glatfelter Co 56 –
1 PAM Transportation Services Inc 43 – 1 PHI Inc 3 –
1 Panhandle Oil and Gas Inc 22 – 2 Phibro Animal Health Corp 64 –
3 Papa John's International Inc 124 – 79 Philip Morris International Inc 6,852 0.23
6 Par Pacific Holdings Inc 107 – 19 Phillips 66 1,753 0.06
2 PAR Technology Corp 39 – 5 Photronics Inc 45 –
3 Park Electrochemical Corp 53 – 4 PICO Holdings Inc 36 –
2 Park National Corp 208 0.01 8 Pier 1 Imports Inc 11 –
2 Park-Ohio Holdings Corp 55 – 19 Pilgrim's Pride Corp 371 0.01
1 Parke Bancorp Inc 24 – 11 Pinnacle Financial Partners Inc 652 0.02
13 Parker-Hannifin Corp 2,286 0.08 12 Pinnacle West Capital Corp 1,082 0.04
32 Parsley Energy Inc 644 0.02 8 Pioneer Energy Services Corp 20 –
10 Party City Holdco Inc 116 – 11 Pioneer Natural Resources Co 1,581 0.05
3 Patrick Industries Inc 123 – 2 Piper Jaffray Cos 145 0.01
– Patriot Transportation Holding Inc 6 – 22 Pitney Bowes Inc 186 0.01
11 Pattern Energy Group Inc 228 0.01 7 Pivotal Software Inc 132 –
14 Patterson Cos Inc 344 0.01 2 Pixelworks Inc 9 –
30 Patterson-UTI Energy Inc 416 0.01 2 PJT Partners Inc 97 –
25 Paychex Inc 1,745 0.06 9 Planet Fitness Inc 522 0.02
5 Paycom Software Inc 697 0.02 3 Plantronics Inc 134 –
3 Paylocity Holding Corp 218 0.01 41 Platform Specialty Products Corp 482 0.02
40 PayPal Holdings Inc 3,417 0.11 13 Playa Hotels & Resorts NV 97 –
– PB Bancorp Inc 2 – 3 Plexus Corp 193 0.01
16 PBF Energy Inc 636 0.02 1 Plumas Bancorp 21 –
2 PC Connection Inc 75 – 20 PNC Financial Services Group Inc 2,665 0.09
2 PCM Inc 41 – 9 PNM Resources Inc 380 0.01
1 PCSB Financial Corp 13 – 7 Polaris Industries Inc 689 0.02
9 PDC Energy Inc 311 0.01 10 PolyOne Corp 320 0.01
2 PDF Solutions Inc 21 – 4 Pool Corp 657 0.02
20 PDL BioPharma Inc 61 – 13 Popular Inc 755 0.03
– pdvWireless Inc 16 – 10 Portland General Electric Co 461 0.02
17 Peabody Energy Corp 541 0.02 10 Post Holdings Inc 937 0.03
2 Peak Resorts Inc 11 – 3 Potbelly Corp 26 –
2 Peapack Gladstone Financial Corp 69 – 1 Powell Industries Inc 46 –
5 Pegasystems Inc 248 0.01 3 Power Integrations Inc 179 0.01
10 Penn National Gaming Inc 217 0.01 18 PPG Industries Inc 1,929 0.06
1 Penn Virginia Corp 82 – 52 PPL Corp 1,602 0.05
1 Penns Woods Bancorp Inc 26 – 2 PQ Group Holdings Inc 28 –
3 PennyMac Financial Services Inc 62 – 6 PRA Group Inc 187 0.01
12 Penske Automotive Group Inc 521 0.02 6 PRA Health Sciences Inc 747 0.03
23 Pentair PLC 970 0.03 2 Preferred Bank 103 –
2 Penumbra Inc 242 0.01 1 Preformed Line Products Co 53 –
54 People's United Financial Inc 913 0.03 2 Premier Financial Bancorp Inc 40 –
2 People's Utah Bancorp 79 – 7 Premier Inc 272 0.01
3 Peoples Bancorp Inc 88 – 1 Presidio Inc 15 –
1 Peoples Bancorp of North Carolina Inc 14 – 7 Prestige Consumer Healthcare Inc 276 0.01
– Peoples Financial Services Corp 16 – 2 PRGX Global Inc 17 –
62 PepsiCo Inc 7,569 0.25 3 PriceSmart Inc 214 0.01
2 Perceptron Inc 13 – 6 Primerica Inc 668 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 136
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 59.33% (continued) United States - 59.33% (continued)
6 Primo Water Corp 86 – 6 RealNetworks Inc 15 –
8 Primoris Services Corp 184 0.01 16 Realogy Holdings Corp 308 0.01
21 Principal Financial Group Inc 1,057 0.04 5 RealPage Inc 283 0.01
8 ProAssurance Corp 340 0.01 10 Red Hat Inc 1,743 0.06
170 Procter & Gamble Co 16,022 0.53 3 Red Lion Hotels Corp 26 –
5 Progress Software Corp 166 0.01 1 Red Robin Gourmet Burgers Inc 45 –
42 Progressive Corp 2,760 0.09 7 Red Rock Resorts Inc 189 0.01
2 Proofpoint Inc 231 0.01 6 Regal Beloit Corp 497 0.02
12 ProPetro Holding Corp 189 0.01 6 Regeneron Pharmaceuticals Inc 2,099 0.07
10 Prosperity Bancshares Inc 694 0.02 2 REGENXBIO Inc 133 –
3 Protagonist Therapeutics Inc 21 – 2 Regional Management Corp 54 –
2 Protective Insurance Corp 44 – 74 Regions Financial Corp 1,214 0.04
2 Proto Labs Inc 262 0.01 4 Regis Corp 75 –
2 Providence Service Corp 111 – 7 Reinsurance Group of America Inc 1,089 0.04
1 Provident Bancorp Inc 36 – 10 Reliance Steel & Aluminum Co 814 0.03
1 Provident Financial Holdings Inc 12 – 6 RenaissanceRe Holdings Ltd 769 0.03
6 Provident Financial Services Inc 144 0.01 7 Renasant Corp 240 0.01
2 Prudential Bancorp Inc 30 – 4 Renewable Energy Group Inc 100 –
26 Prudential Financial Inc 2,446 0.08 6 Rent-A-Center Inc 86 –
1 Psychemedics Corp 15 – 4 Repligen Corp 266 0.01
5 PTC Inc 430 0.01 2 Republic Bancorp Inc 103 –
38 Public Service Enterprise Group Inc 2,099 0.07 6 Republic First Bancorp Inc 48 –
36 PulteGroup Inc 959 0.03 31 Republic Services Inc 2,371 0.08
2 Pure Cycle Corp 21 – 6 Resideo Technologies Inc 118 –
12 Pure Storage Inc 227 0.01 10 ResMed Inc 1,159 0.04
8 PVH Corp 929 0.03 9 Resolute Forest Products Inc 104 –
2 Pyxus International Inc 25 – 3 Resources Connection Inc 55 –
1 Pzena Investment Management Inc 11 – 4 Retrophin Inc 96 –
1 QAD Inc, Class A 37 – 3 Revance Therapeutics Inc 60 –
2 QCR Holdings Inc 71 – 1 Revlon Inc 15 –
32 QEP Resources Inc 254 0.01 – REX American Resources Corp 33 –
14 Qorvo Inc 930 0.03 12 Rexnord Corp 348 0.01
5 Quad/Graphics Inc 83 – 1 RGC Resources Inc 26 –
1 Quaker Chemical Corp 273 0.01 2 RH 179 0.01
55 QUALCOMM Inc 3,220 0.11 11 Ribbon Communications Inc 58 –
2 Qualys Inc 159 0.01 1 Richardson Electronics Ltd 11 –
4 Quanex Building Products Corp 62 – 10 Rigel Pharmaceuticals Inc 29 –
21 Quanta Services Inc 754 0.03 2 RigNet Inc 38 –
4 Quantenna Communications Inc 59 – 7 Ring Energy Inc 46 –
13 Quest Diagnostics Inc 1,183 0.04 3 Ringcentral Inc 266 0.01
3 Quidel Corp 162 0.01 38 Rite Aid Corp 42 –
5 QuinStreet Inc 78 – 3 Riverview Bancorp Inc 27 –
5 Quorum Health Corp 21 – 4 RLI Corp 336 0.01
8 Quotient Technology Inc 101 – 2 RMR Group Inc 110 –
55 Qurate Retail Inc 1,216 0.04 2 Roadrunner Transportation Systems Inc 2 –
7 R1 RCM Inc 66 – 15 Robert Half International Inc 911 0.03
1 Ra Pharmaceuticals Inc 21 – 9 Rockwell Automation Inc 1,483 0.05
31 Radian Group Inc 573 0.02 1 Rocky Mountain Chocolate Factory Inc 9 –
8 Radiant Logistics Inc 43 – 2 Rogers Corp 248 0.01
5 RadNet Inc 63 – 3 Roku Inc 122 –
1 Rafael Holdings Inc 8 – 13 Rollins Inc 805 0.03
6 Ralph Lauren Corp 681 0.02 7 Roper Technologies Inc 2,120 0.07
14 Rambus Inc 118 – 3 Rosetta Stone Inc 42 –
1 Randolph Bancorp Inc 10 – 26 Ross Stores Inc 2,266 0.08
37 Range Resources Corp 535 0.02 14 Rowan Cos PLC 201 0.01
3 Raven Industries Inc 123 – 17 Royal Caribbean Cruises Ltd 1,918 0.06
17 Raymond James Financial Inc 1,357 0.05 9 Royal Gold Inc 653 0.02
7 Rayonier Advanced Materials Inc 102 – 14 RPC Inc 182 0.01
12 Raytheon Co 2,141 0.07 17 RPM International Inc 1,124 0.04
3 RBC Bearings Inc 433 0.01 4 RR Donnelley & Sons Co 25 –
2 RE/MAX Holdings Inc 79 – 8 RTI Surgical Inc 35 –
3 Reading International Inc 39 – 12 RTW RetailWinds Inc 41 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 137
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 59.33% (continued) United States - 59.33% (continued)
10 Rubicon Project Inc 43 – 5 Sensient Technologies Corp 308 0.01
4 Rudolph Technologies Inc 84 – 5 Sequential Brands Group Inc 4 –
4 Rush Enterprises Inc 136 0.01 22 Service Corp International 1,013 0.03
3 Ruth's Hospitality Group Inc 83 – 13 ServiceMaster Global Holdings Inc 557 0.02
6 Ryder System Inc 355 0.01 6 ServiceNow Inc 1,054 0.04
4 Ryerson Holding Corp 30 – 6 ServiceSource International Inc 8 –
14 S&P Global Inc 2,539 0.08 6 ServisFirst Bancshares Inc 230 0.01
5 S&T Bancorp Inc 209 0.01 2 Shake Shack Inc 87 –
– S&W Seed Co 1 – 6 Shenandoah Telecommunications Co 316 0.01
33 Sabre Corp 845 0.03 6 Sherwin-Williams Co 2,367 0.08
3 Safeguard Scientifics Inc 30 – 3 Shiloh Industries Inc 24 –
2 Safety Insurance Group Inc 190 0.01 15 Ship Finance International Ltd 196 0.01
1 Saga Communications Inc 23 – 1 Shoe Carnival Inc 51 –
3 Sage Therapeutics Inc 301 0.01 2 Shore Bancshares Inc 29 –
3 Saia Inc 208 0.01 3 Shutterfly Inc 173 0.01
4 Salem Media Group Inc 10 – 4 Shutterstock Inc 154 0.01
19 salesforce.com Inc 2,734 0.09 2 SI Financial Group Inc 29 –
13 Sally Beauty Holdings Inc 276 0.01 1 Sienna Biopharmaceuticals Inc 6 –
3 Sanderson Farms Inc 359 0.01 2 Sierra Bancorp 64 –
1 SandRidge Energy Inc 10 – 8 Signature Bank 990 0.03
5 Sandy Spring Bancorp Inc 182 0.01 8 Signet Jewelers Ltd 414 0.01
3 Sangamo Therapeutics Inc 32 – 16 Silgan Holdings Inc 406 0.01
6 Sanmina Corp 164 0.01 4 Silicon Laboratories Inc 375 0.01
42 Santander Consumer USA Holdings Inc 814 0.03 1 SilverBow Resources Inc 24 –
3 Sapiens International Corp NV 33 – 1 Silvercrest Asset Management Group Inc 12 –
3 Sarepta Therapeutics Inc 395 0.01 13 Simmons First National Corp 386 0.01
1 SB Financial Group Inc 22 – 9 Simply Good Foods Co 184 0.01
1 SB One Bancorp 12 – 5 Simpson Manufacturing Co Inc 305 0.01
11 SCANA Corp 493 0.02 1 Simulations Plus Inc 25 –
2 ScanSource Inc 76 – 10 Sinclair Broadcast Group Inc 305 0.01
54 Schlumberger Ltd 2,421 0.08 159 Sirius XM Holdings Inc 990 0.03
13 Schneider National Inc 292 0.01 4 SiteOne Landscape Supply Inc 256 0.01
3 Schnitzer Steel Industries Inc 86 – 9 Six Flags Entertainment Corp 565 0.02
3 Scholastic Corp 121 – 2 SJW Group 120 –
4 Schweitzer-Mauduit International Inc 113 – 15 Skechers U.S.A. Inc 406 0.01
5 Science Applications International Corp 346 0.01 6 Skyline Champion Corp 145 0.01
9 Scientific Games Corp 175 0.01 4 SkyWest Inc 226 0.01
7 Scorpio Bulkers Inc 41 – 18 Skyworks Solutions Inc 1,289 0.04
48 Scorpio Tankers Inc 99 – 4 Sleep Number Corp 140 0.01
6 Scotts Miracle-Gro Co 486 0.02 64 SLM Corp 653 0.02
– Seaboard Corp 398 0.01 16 SM Energy Co 328 0.01
8 Seachange International Inc 13 – 9 Smart & Final Stores Inc 55 –
6 Seacoast Banking Corp of Florida 186 0.01 2 SMART Global Holdings Inc 81 –
1 SEACOR Holdings Inc 51 – 3 Smart Sand Inc 11 –
3 SEACOR Marine Holdings Inc 49 – 1 SmartFinancial Inc 18 –
26 Seagate Technology PLC 1,117 0.04 3 SMTC Corp 10 –
16 Sealed Air Corp 583 0.02 17 Snap Inc 112 –
3 Sears Hometown and Outlet Stores Inc 6 – 7 Snap-on Inc 1,085 0.04
2 SeaSpine Holdings Corp 34 – 4 SolarEdge Technologies Inc 167 0.01
9 Seattle Genetics Inc 562 0.02 2 Solaris Oilfield Infrastructure Inc 26 –
10 SeaWorld Entertainment Inc 282 0.01 3 Sonic Automotive Inc 51 –
2 Security National Financial Corp 9 – 4 Sonic Corp 183 0.01
15 SEI Investments Co 808 0.03 13 Sonoco Products Co 730 0.02
3 Select Bancorp Inc 34 – 5 Sotheby's 219 0.01
4 Select Energy Services Inc 40 – 10 South Jersey Industries Inc 304 0.01
16 Select Medical Holdings Corp 310 0.01 5 South State Corp 368 0.01
8 Selective Insurance Group Inc 546 0.02 73 Southern Co 3,438 0.11
11 SemGroup Corp 171 0.01 7 Southern Copper Corp 237 0.01
19 Sempra Energy 2,208 0.07 1 Southern First Bancshares Inc 40 –
7 Semtech Corp 349 0.01 1 Southern Missouri Bancorp Inc 38 –
1 Seneca Foods Corp 39 – 3 Southern National Bancorp of Virginia Inc 42 –
22 Sensata Technologies Holding PLC 1,018 0.03 5 Southside Bancshares Inc 173 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 138
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 59.33% (continued) United States - 59.33% (continued)
62 Southwest Airlines Co 3,378 0.11 19 Superior Energy Services Inc 105 –
5 Southwest Gas Holdings Inc 415 0.01 2 Superior Group of Cos Inc 31 –
84 Southwestern Energy Co 407 0.01 3 Superior Industries International Inc 20 –
3 SP Plus Corp 103 – 5 Supernus Pharmaceuticals Inc 250 0.01
4 Spartan Motors Inc 29 – 4 Support.com Inc 10 –
3 SpartanNash Co 47 – 4 Surgery Partners Inc 55 –
8 Spectrum Brands Holdings Inc 391 0.01 1 Surmodics Inc 63 –
8 Spectrum Pharmaceuticals Inc 116 – 5 SVB Financial Group 1,233 0.04
6 Speedway Motorsports Inc 100 – 4 Sykes Enterprises Inc 118 –
6 Spire Inc 450 0.02 25 Symantec Corp 557 0.02
12 Spirit AeroSystems Holdings Inc 1,015 0.03 1 Synalloy Corp 21 –
10 Spirit Airlines Inc 623 0.02 5 Synaptics Inc 190 0.01
5 Splunk Inc 598 0.02 1 Synchronoss Technologies Inc 8 –
2 Spok Holdings Inc 30 – 59 Synchrony Financial 1,541 0.05
7 Sportsman's Warehouse Holdings Inc 30 – 3 Syndax Pharmaceuticals Inc 17 –
90 Sprint Corp 568 0.02 15 Syneos Health Inc 769 0.03
15 Sprouts Farmers Market Inc 341 0.01 3 Synlogic Inc 27 –
1 SPS Commerce Inc 90 – 6 SYNNEX Corp 470 0.02
5 SPX Corp 154 0.01 13 Synopsys Inc 1,176 0.04
6 SPX FLOW Inc 229 0.01 16 Synovus Financial Corp 602 0.02
8 Square Inc 559 0.02 2 Syros Pharmaceuticals Inc 15 –
33 SRC Energy Inc 192 0.01 34 Sysco Corp 2,300 0.08
23 SS&C Technologies Holdings Inc 1,128 0.04 4 Systemax Inc 104 –
9 St Joe Co 136 0.01 26 T Rowe Price Group Inc 2,585 0.09
2 Staar Surgical Co 78 – 21 T-Mobile US Inc 1,463 0.05
2 Stage Stores Inc 4 – 4 Tableau Software Inc 489 0.02
2 Stamps.com Inc 322 0.01 1 Tactile Systems Technology Inc 48 –
3 Standard Motor Products Inc 142 0.01 5 Tailored Brands Inc 125 –
1 Standex International Corp 108 – 7 Take-Two Interactive Software Inc 782 0.03
11 Stanley Black & Decker Inc 1,391 0.05 2 Talos Energy Inc 47 –
62 Starbucks Corp 4,131 0.14 32 Tapestry Inc 1,256 0.04
2 StarTek Inc 12 – 24 Targa Resources Corp 1,055 0.04
6 State Auto Financial Corp 222 0.01 60 Target Corp 4,291 0.14
5 State Bank Financial Corp 120 – 5 Taro Pharmaceutical Industries Ltd 549 0.02
23 State Street Corp 1,662 0.06 15 Taylor Morrison Home Corp 246 0.01
7 Steel Connect Inc 12 – 25 TCF Financial Corp 557 0.02
30 Steel Dynamics Inc 1,056 0.04 21 TD Ameritrade Holding Corp 1,117 0.04
11 Steelcase Inc 184 0.01 23 TE Connectivity Ltd 1,783 0.06
4 Stein Mart Inc 5 – 3 Team Inc 50 –
1 Stemline Therapeutics Inc 15 – 5 Tech Data Corp 426 0.01
3 Stepan Co 206 0.01 45 TechnipFMC PLC 1,046 0.04
12 Stericycle Inc 585 0.02 3 TechTarget Inc 38 –
8 Steris PLC 978 0.03 3 Tecogen Inc 11 –
31 Sterling Bancorp 600 0.02 4 Teekay Corp 19 –
3 Sterling Construction Co Inc 44 – 10 Teekay Tankers Ltd 11 –
10 Steven Madden Ltd 332 0.01 29 TEGNA Inc 384 0.01
2 Stewart Information Services Corp 100 – 4 Tejon Ranch Co 68 –
9 Stifel Financial Corp 449 0.02 4 Teladoc Health Inc 229 0.01
3 Stock Yards Bancorp Inc 88 – 5 Telaria Inc 15 –
4 Stoneridge Inc 113 – 4 Teledyne Technologies Inc 913 0.03
6 Stratasys Ltd 130 – 4 Teleflex Inc 1,098 0.04
2 Strategic Education Inc 268 0.01 14 Telephone & Data Systems Inc 515 0.02
1 Strattec Security Corp 15 – 5 Tempur Sealy International Inc 269 0.01
1 Stratus Properties Inc 37 – 10 Tenet Healthcare Corp 271 0.01
17 Stryker Corp 2,897 0.10 2 Tennant Co 126 –
1 Summit Financial Group Inc 31 – 6 Tenneco Inc 201 0.01
11 Summit Materials Inc 159 0.01 12 Teradata Corp 460 0.02
3 Sun Hydraulics Corp 128 – 24 Teradyne Inc 840 0.03
8 SunCoke Energy Inc 78 – 10 Terex Corp 339 0.01
5 Sunrun Inc 77 – 2 Territorial Bancorp Inc 48 –
30 SunTrust Banks Inc 1,858 0.06 3 Tesla Inc 1,064 0.04
6 Super Micro Computer Inc 85 – 1 TESSCO Technologies Inc 13 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 139
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 59.33% (continued) United States - 59.33% (continued)
6 Tetra Tech Inc 388 0.01 6 Trinseo SA 290 0.01
20 TETRA Technologies Inc 46 – 11 TripAdvisor Inc 712 0.02
4 Tetraphase Pharmaceuticals Inc 7 – 2 Triple-S Management Corp 36 –
7 Texas Capital Bancshares Inc 402 0.01 4 TriState Capital Holdings Inc 108 –
46 Texas Instruments Inc 4,596 0.15 12 Triton International Ltd 399 0.01
7 Texas Roadhouse Inc 494 0.02 4 Triumph Bancorp Inc 152 0.01
2 Textainer Group Holdings Ltd 25 – 6 Triumph Group Inc 101 –
16 TFS Financial Corp 252 0.01 10 Tronox Ltd 106 –
19 Thermo Fisher Scientific Inc 4,786 0.16 6 TrueBlue Inc 158 0.01
3 Thermon Group Holdings Inc 68 – 10 TrueCar Inc 105 –
2 TheStreet Inc 2 – 13 TrustCo Bank Corp NY 104 –
9 Third Point Reinsurance Ltd 97 – 9 Trustmark Corp 282 0.01
6 Thor Industries Inc 404 0.01 6 TTEC Holdings Inc 162 0.01
– Tidewater Inc 7 – 10 TTM Technologies Inc 116 –
13 Tiffany & Co 1,181 0.04 5 Tuesday Morning Corp 11 –
6 Tile Shop Holdings Inc 34 – 5 Tupperware Brands Corp 209 0.01
3 Tilly's Inc 30 – 2 Turning Point Brands Inc 50 –
1 Timberland Bancorp Inc 39 – 4 Tutor Perini Corp 82 –
11 Timken Co 440 0.02 52 Twenty-First Century Fox Inc, Class A 2,569 0.09
6 TimkenSteel Corp 63 – 23 Twenty-First Century Fox Inc, Class B 1,106 0.04
5 Tiptree Inc 27 – 3 Twilio Inc 322 0.01
8 Titan International Inc 51 – 2 Twin Disc Inc 28 –
2 Titan Machinery Inc 43 – 44 Twitter Inc 1,395 0.05
5 Tivity Health Inc 211 0.01 1 Two River Bancorp 15 –
9 TiVo Corp 89 – 2 Tyler Technologies Inc 458 0.02
56 TJX Cos Inc 2,751 0.09 24 Tyson Foods Inc 1,388 0.05
20 Toll Brothers Inc 644 0.02 5 Ubiquiti Networks Inc 582 0.02
2 Tompkins Financial Corp 183 0.01 1 UFP Technologies Inc 42 –
3 Tootsie Roll Industries Inc 100 – 18 UGI Corp 1,047 0.04
4 TopBuild Corp 206 0.01 5 Ulta Salon Cosmetics & Fragrance Inc 1,418 0.05
13 Torchmark Corp 1,117 0.04 2 Ultimate Software Group Inc 472 0.02
12 Toro Co 737 0.02 5 Ultra Clean Holdings Inc 46 –
14 Total System Services Inc 1,211 0.04 11 Ultra Petroleum Corp 14 –
3 Tower International Inc 95 – 5 Ultragenyx Pharmaceutical Inc 262 0.01
3 Town Sports International Holdings Inc 19 – 2 Ultralife Corp 17 –
10 Towne Bank 292 0.01 7 UMB Financial Corp 493 0.02
3 Townsquare Media Inc 18 – 31 Umpqua Holdings Corp 604 0.02
5 TPI Composites Inc 142 0.01 19 Under Armour Inc, Class A 459 0.02
13 Tractor Supply Co 1,220 0.04 23 Under Armour Inc, Class C 504 0.02
3 Trade Desk Inc 384 0.01 1 Unifi Inc 41 –
1 TransAct Technologies Inc 7 – 2 UniFirst Corp 327 0.01
2 Transcat Inc 36 – 8 Union Bankshares Corp 288 0.01
4 TransDigm Group Inc 1,398 0.05 50 Union Pacific Corp 7,720 0.26
65 Transocean Ltd 605 0.02 6 Unisys Corp 80 –
18 TransUnion 1,157 0.04 6 Unit Corp 129 –
2 TravelCenters of America LLC 9 – 15 United Bankshares Inc 527 0.02
31 Travelers Cos Inc 4,045 0.13 11 United Community Banks Inc 286 0.01
14 Travelport Worldwide Ltd 215 0.01 7 United Community Financial Corp 72 –
1 Travelzoo 8 – 35 United Continental Holdings Inc 3,341 0.11
4 Trecora Resources 36 – 7 United Financial Bancorp Inc 114 –
4 Tredegar Corp 60 – 3 United Fire Group Inc 138 0.01
8 TreeHouse Foods Inc 409 0.01 6 United Insurance Holdings Corp 121 –
6 Trex Co Inc 374 0.01 5 United Natural Foods Inc 104 –
14 TRI Pointe Group Inc 172 0.01 33 United Parcel Service Inc 3,755 0.12
8 Tribune Media Co 339 0.01 11 United Rentals Inc 1,237 0.04
3 Tribune Publishing Co 40 – 2 United Security Bancshares 22 –
4 TriCo Bancshares 170 0.01 5 United States Cellular Corp 289 0.01
6 TriMas Corp 167 0.01 1 United States Lime & Minerals Inc 67 –
28 Trimble Inc 1,055 0.04 23 United States Steel Corp 524 0.02
7 TriNet Group Inc 319 0.01 53 United Technologies Corp 6,432 0.21
20 Trinity Industries Inc 473 0.02 6 United Therapeutics Corp 748 0.03
2 Trinity Place Holdings Inc 8 – – United-Guardian Inc 4 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 140
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 59.33% (continued) United States - 59.33% (continued)
50 UnitedHealth Group Inc 13,932 0.46 9 Virtu Financial Inc 224 0.01
2 Unitil Corp 82 – 1 Virtus Investment Partners Inc 95 –
1 Unity Bancorp Inc 31 – 3 Virtusa Corp 148 0.01
19 Univar Inc 410 0.01 74 Visa Inc 10,487 0.35
2 Universal Corp 127 – 19 Vishay Intertechnology Inc 400 0.01
3 Universal Display Corp 298 0.01 1 Vishay Precision Group Inc 27 –
1 Universal Electronics Inc 50 – 6 Vista Outdoor Inc 71 –
9 Universal Forest Products Inc 255 0.01 3 Visteon Corp 239 0.01
11 Universal Health Services Inc 1,510 0.05 60 Vistra Energy Corp 1,419 0.05
5 Universal Insurance Holdings Inc 198 0.01 2 Vitamin Shoppe Inc 17 –
3 Universal Logistics Holdings Inc 76 – 3 VMware Inc 429 0.01
1 Universal Stainless & Alloy Products Inc 16 – 2 Vocera Communications Inc 65 –
2 Universal Technical Institute Inc 7 – 4 Volt Information Sciences Inc 9 –
4 Univest Corp of Pennsylvania 110 – 22 Vonage Holdings Corp 235 0.01
26 Unum Group 937 0.03 2 VOXX International Corp 9 –
1 Upland Software Inc 39 – 19 Voya Financial Inc 849 0.03
14 Urban Outfitters Inc 543 0.02 1 VSE Corp 35 –
4 US Auto Parts Network Inc 5 – 9 Vulcan Materials Co 987 0.03
88 US Bancorp 4,794 0.16 15 W&T Offshore Inc 89 –
1 US Concrete Inc 52 – 6 Wabash National Corp 91 –
2 US Ecology Inc 169 0.01 6 WABCO Holdings Inc 714 0.02
32 US Foods Holding Corp 1,047 0.04 9 Wabtec Corp 891 0.03
1 US Physical Therapy Inc 139 0.01 12 Waddell & Reed Financial Inc 241 0.01
10 US Silica Holdings Inc 143 0.01 3 WageWorks Inc 111 –
1 USA Truck Inc 18 – 39 Walgreens Boots Alliance Inc 3,332 0.11
2 USANA Health Sciences Inc 293 0.01 5 Walker & Dunlop Inc 218 0.01
16 USG Corp 683 0.02 100 Walmart Inc 9,783 0.32
1 Utah Medical Products Inc 47 – 106 Walt Disney Co 12,222 0.40
4 Vail Resorts Inc 1,001 0.03 7 Warrior Met Coal Inc 159 0.01
34 Valero Energy Corp 2,727 0.09 7 Washington Federal Inc 207 0.01
45 Valley National Bancorp 487 0.02 2 Washington Trust Bancorp Inc 122 –
2 Valmont Industries Inc 324 0.01 36 Waste Management Inc 3,397 0.11
21 Valvoline Inc 433 0.01 6 Waters Corp 1,103 0.04
5 Vanda Pharmaceuticals Inc 116 – 4 Waterstone Financial Inc 71 –
4 Varex Imaging Corp 101 – 4 Watsco Inc 552 0.02
9 Varian Medical Systems Inc 1,092 0.04 3 Watts Water Technologies Inc 239 0.01
14 Vector Group Ltd 180 0.01 6 Wayfair Inc 673 0.02
8 Vectren Corp 565 0.02 1 Wayside Technology Group Inc 7 –
2 Vectrus Inc 37 – 1 WD-40 Co 245 0.01
6 Veeco Instruments Inc 55 – 13 Webster Financial Corp 799 0.03
6 Veeva Systems Inc 603 0.02 23 WEC Energy Group Inc 1,662 0.06
12 Veoneer Inc 387 0.01 7 Weight Watchers International Inc 357 0.01
3 Vera Bradley Inc 38 – 3 Weis Markets Inc 151 0.01
6 Verastem Inc 30 – 14 Welbilt Inc 194 0.01
8 Verint Systems Inc 342 0.01 5 WellCare Health Plans Inc 1,196 0.04
9 VeriSign Inc 1,458 0.05 207 Wells Fargo & Co 11,252 0.37
12 Verisk Analytics Inc 1,440 0.05 27 Wendy's Co 486 0.02
2 Veritex Holdings Inc 56 – 10 Werner Enterprises Inc 331 0.01
2 Veritiv Corp 65 – 8 WesBanco Inc 343 0.01
315 Verizon Communications Inc 18,991 0.63 14 Wesco Aircraft Holdings Inc 132 –
5 Verso Corp 126 – 7 WESCO International Inc 355 0.01
10 Versum Materials Inc 339 0.01 2 West Bancorporation Inc 50 –
9 Vertex Pharmaceuticals Inc 1,576 0.05 5 West Pharmaceutical Services Inc 576 0.02
23 VF Corp 1,883 0.06 3 Westamerica Bancorporation 180 0.01
2 Viacom Inc, Class A 67 – 15 Western Alliance Bancorp 704 0.02
48 Viacom Inc, Class B 1,482 0.05 30 Western Digital Corp 1,359 0.05
2 Viad Corp 96 – 4 Western New England Bancorp Inc 39 –
7 ViaSat Inc 508 0.02 48 Western Union Co 903 0.03
23 Viavi Solutions Inc 234 0.01 6 Westlake Chemical Corp 462 0.02
2 Vicor Corp 66 – 19 WestRock Co 877 0.03
2 Village Super Market Inc 42 – 1 Westwood Holdings Group Inc 39 –
– Virco Manufacturing Corp 1 – 5 WEX Inc 746 0.03
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 141
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Preferred Stock
United States - 59.33% (continued) Germany - 0.19%
1 Weyco Group Inc 44 – 4 Bayerische Motoren Werke AG 314 0.01
8 Whirlpool Corp 999 0.03 1 Biotest AG 33 –
– White Mountains Insurance Group Ltd 455 0.02 1 Draegerwerk AG & Co KGaA 67 –
13 Whiting Petroleum Corp 388 0.01 7 Fuchs Petrolub SE 290 0.01
10 WildHorse Resource Development Corp 183 0.01 7 Henkel AG & Co KGaA 756 0.03
1 Willdan Group Inc 28 – 5 Jungheinrich AG 171 0.01
4 William Lyon Homes 53 – 10 Porsche Automobil Holding SE 642 0.02
49 Williams Cos Inc 1,253 0.04 3 Sartorius AG 369 0.01
2 Williams Industrial Services Group Inc 5 – 19 Schaeffler AG 164 0.01
11 Williams-Sonoma Inc 628 0.02 2 Sixt SE 148 –
8 Willis Towers Watson PLC 1,337 0.04 – STO SE & Co KGaA 38 –
3 Wingstop Inc 207 0.01 1 Villeroy & Boch AG 17 –
– Winmark Corp 59 – 17 Volkswagen AG 2,795 0.09
4 Winnebago Industries Inc 90 – 5,804 0.19
8 Wintrust Financial Corp 596 0.02 United Kingdom - 0.00%
12 WisdomTree Investments Inc 86 – 5,412 Rolls Royce Holings PLC 7 –
10 Wolverine World Wide Inc 345 0.01
7 –
7 Woodward Inc 577 0.02
United States - 0.00%
5 Workday Inc 745 0.03
1 GCI Liberty Inc 18 –
1 World Acceptance Corp 138 0.01
18 –
9 World Fuel Services Corp 234 0.01
4 World Wrestling Entertainment Inc 286 0.01 Total Preferred Stock - 0.19% (30 November 2017: 0.21%) 5,829 0.19
21 Worldpay Inc 1,836 0.06
7 Worthington Industries Inc 282 0.01 Real Estate Investment Trust
61 WPX Energy Inc 853 0.03 Australia - 0.20%
15 WR Berkley Corp 1,210 0.04 26 360 Capital Group Ltd 19 –
6 WR Grace & Co 403 0.01 34 Abacus Property Group 78 –
7 Wright Medical Group NV 202 0.01 11 ALE Property Group 42 –
4 WSFS Financial Corp 187 0.01 32 Arena REIT 55 –
4 WW Grainger Inc 1,406 0.05 3 Astro Japan Property Group – –
8 Wyndham Destinations Inc 346 0.01 11 Australian Unity Office Fund 23 –
13 Wyndham Hotels & Resorts Inc 657 0.02 54 BWP Trust 138 0.01
8 Wynn Resorts Ltd 847 0.03 3 Carindale Property Trust 17 –
39 Xcel Energy Inc 2,040 0.07 17 Centuria Industrial REIT 35 –
6 Xencor Inc 234 0.01 27 Centuria Metropolitan REIT 47 –
34 Xerox Corp 926 0.03 21 Charter Hall Education Trust 45 –
18 Xilinx Inc 1,643 0.05 48 Charter Hall Group 244 0.01
3 XO Group Inc 100 – 22 Charter Hall Long Wale REIT 67 –
5 Xperi Corp 73 – 36 Charter Hall Retail REIT 118 0.01
13 XPO Logistics Inc 982 0.03 5 Convenience Retail REIT 11 –
13 Xylem Inc 948 0.03 137 Cromwell Property Group 100 –
9 Yelp Inc 300 0.01 74 Dexus 566 0.02
1 York Water Co 48 – 22 Garda Diversified Property Fund 21 –
4 YRC Worldwide Inc 20 – 46 GDI Property Group 43 –
24 Yum! Brands Inc 2,169 0.07 123 Goodman Group 921 0.03
3 Zafgen Inc 13 – 161 GPT Group 622 0.02
4 ZAGG Inc 44 – 26 Growthpoint Properties Australia Ltd 70 –
29 Zayo Group Holdings Inc 761 0.03 16 Hotel Property Investments 37 –
6 Zebra Technologies Corp 996 0.03 18 Industria REIT 35 –
5 Zendesk Inc 294 0.01 20 Ingenia Communities Group 44 –
6 Zillow Group Inc, Class A 201 0.01 48 Investa Office Fund 197 0.01
14 Zillow Group Inc, Class C 512 0.02 331 Mirvac Group 531 0.02
13 Zimmer Biomet Holdings Inc 1,507 0.05 72 New South Resources Ltd 92 –
23 Zions Bancorp NA 1,103 0.04 41 Propertylink Group 36 –
6 Zix Corp 41 – 236 Scentre Group 676 0.02
32 Zoetis Inc 2,994 0.10 96 Shopping Centres Australasia Property Group 185 0.01
– Zogenix Inc 1 – 175 Stockland 467 0.02
3 Zumiez Inc 64 – 239 Vicinity Centres 467 0.02
125 Zynga Inc 453 0.02 6,049 0.20
1,796,077 59.33 Belgium - 0.04%
Total Common Stock - 95.56% (30 November 2017: 95.51%) 2,892,870 95.56 2 Aedifica SA 158 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 142
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Real Estate Investment Trust (continued) Real Estate Investment Trust (continued)
Belgium - 0.04% (continued) Germany - 0.01%
1 Ascencio 23 – 16 alstria office REIT-AG 226 0.01
2 Befimmo SA 123 0.01 7 Hamborner REIT AG 66 –
2 Care Property Invest 46 – 292 0.01
2 Cofinimmo SA 286 0.01 Hong Kong - 0.06%
– Home Invest Belgium 15 – 200 Champion REIT 139 –
2 Intervest Offices & Warehouses NV 41 – 135 Fortune Real Estate Investment Trust 155 0.01
– Leasinvest Real Estate SCA 33 – 150 Link REIT 1,438 0.05
1 Montea C.V.A 62 – 130 Prosperity REIT 49 –
1 Retail Estates NV 70 – 94 Regal Real Estate Investment Trust 26 –
2 Warehouses De Pauw CVA 223 0.01 98 Sunlight Real Estate Investment Trust 61 –
– Wereldhave Belgium NV 23 – 1,868 0.06
1,103 0.04
Ireland - 0.01%
Canada - 0.08% 69 Green REIT PLC 111 –
2 Agellan Commercial Real Estate Investment Trust 22 – 74 Hibernia REIT PLC 114 0.01
6 Allied Properties Real Estate Investment Trust 191 0.01 33 Irish Residential Properties REIT PLC 54 –
6 Artis Real Estate Investment Trust 46 – 279 0.01
2 Automotive Properties Real Estate Investment
Trust 16 – Israel - 0.00%
3 Boardwalk Real Estate Investment Trust 80 – 10 Alony Hetz Properties & Investments Ltd 97 –
3 BTB Real Estate Investment Trust 10 – 4 Summit Real Estate Holdings Ltd 31 –
7 Canadian Apartment Properties REIT 245 0.01 128 –
12 Choice Properties Real Estate Investment Trust 106 0.01 Italy - 0.00%
9 Cominar Real Estate Investment Trust 74 – 75 Beni Stabili SpA SIIQ 62 –
5 Crombie Real Estate Investment Trust 45 – 2 COIMA RES SpA 17 –
3 CT Real Estate Investment Trust 26 – 8 Immobiliare Grande Distribuzione SIIQ SpA 51 –
18 Dream Global Real Estate Investment Trust 187 0.01 130 –
6 Dream Industrial Real Estate Investment Trust 44 – Japan - 0.33%
3 Dream Office Real Estate Investment Trust 62 –
– Activia Properties Inc 282 0.01
3 Granite Real Estate Investment Trust 108 0.01
– Advance Residence Investment Corp 343 0.01
15 H&R Real Estate Investment Trust 240 0.01
– AEON REIT Investment Corp 165 0.01
1 Inovalis Real Estate Investment Trust 11 –
– Comforia Residential REIT Inc 145 0.01
6 InterRent Real Estate Investment Trust 57 –
– Daiwa House REIT Investment Corp 286 0.01
8 Killam Apartment Real Estate Investment Trust 104 –
– Daiwa Office Investment Corp 204 0.01
3 Morguard North American Residential Real Estate
Investment Trust 35 – – Frontier Real Estate Investment Corp 191 0.01
2 Morguard Real Estate Investment Trust 16 – – Fukuoka REIT Corp 117 –
3 Northview Apartment Real Estate Investment Trust 58 – – Global One Real Estate Investment Corp 97 –
5 NorthWest Healthcare Properties Real Estate 1 GLP J-Reit 320 0.01
Investment Trust 38 – – Hankyu Hanshin REIT Inc 80 –
3 Plaza Retail REIT 9 – – Health Care & Medical Investment Corp 33 –
12 RioCan Real Estate Investment Trust 222 0.01 – Heiwa Real Estate REIT Inc 98 –
5 Slate Office REIT 28 – – Hoshino Resorts REIT Inc 108 –
2 Slate Retail REIT 22 – – Hulic Reit Inc 162 0.01
7 SmartCentres Real Estate Investment Trust 156 0.01 – Ichigo Office REIT Investment 101 –
4 Summit Industrial Income REIT 27 – – Industrial & Infrastructure Fund Investment Corp 156 0.01
4 True North Commercial Real Estate Investment 1 Invesco Office J-Reit Inc 140 –
Trust 20 –
1 Invincible Investment Corp 246 0.01
2 WPT Industrial Real Estate Investment Trust 26 –
– Japan Excellent Inc 167 0.01
2,331 0.08
1 Japan Hotel REIT Investment Corp 304 0.01
France - 0.07% – Japan Logistics Fund Inc 192 0.01
1 Affine SA 11 – – Japan Prime Realty Investment Corp 328 0.01
– Altarea SCA 86 – – Japan Real Estate Investment Corp 547 0.02
1 ARGAN SA 46 – – Japan Rental Housing Investments Inc 134 –
7 Carmila SA 146 0.01 – Japan Retail Fund Investment Corp 392 0.01
4 Covivio 388 0.01 – Kenedix Office Investment Corp 296 0.01
4 Gecina SA 519 0.02 – Kenedix Residential Next Investment Corp 140 –
3 ICADE 276 0.01 – Kenedix Retail REIT Corp 118 –
21 Klepierre SA 685 0.02 – LaSalle Logiport REIT 116 –
6 Mercialys SA 84 – – Marimo Regional Revitalization REIT Inc 22 –
1 Terreis 50 – – MCUBS MidCity Investment Corp 144 0.01
2,291 0.07 – Mirai Corp 37 –
– Mitsui Fudosan Logistics Park Inc 78 –
– Mori Hills REIT Investment Corp 219 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 143
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Real Estate Investment Trust (continued) Real Estate Investment Trust (continued)
Japan - 0.33% (continued) Singapore - 0.12% (continued)
– Mori Trust Hotel Reit Inc 40 – 38 OUE Commercial Real Estate Investment Trust 13 –
– Mori Trust Sogo Reit Inc 142 0.01 98 OUE Hospitality Trust 49 –
– Nippon Accommodations Fund Inc 228 0.01 31 Parkway Life Real Estate Investment Trust 62 –
– Nippon Building Fund Inc 636 0.02 55 Sabana Shari'ah Compliant Industrial Real Estate
Investment Trust 16 –
– Nippon Healthcare Investment Corp 18 –
83 Soilbuild Business Space REIT 36 –
– Nippon Prologis REIT Inc 333 0.01
71 SPH REIT 52 –
– Nippon REIT Investment Corp 157 0.01
141 Starhill Global REIT 69 –
1 Nomura Real Estate Master Fund Inc 385 0.01
223 Suntec Real Estate Investment Trust 287 0.01
– One REIT Inc 52 –
– Ooedo Onsen REIT Investment Corp 11 – 3,624 0.12
– Orix JREIT Inc 397 0.01 Spain - 0.03%
– Premier Investment Corp 156 0.01 28 Inmobiliaria Colonial Socimi SA 285 0.01
– Samty Residential Investment Corp 31 – 10 Lar Espana Real Estate Socimi SA 95 –
1 Sekisui House Reit Inc 234 0.01 37 Merlin Properties Socimi SA 464 0.02
– Star Asia Investment Corp 22 – 844 0.03
– Starts Proceed Investment Corp 31 – United Kingdom - 0.18%
– Tokyu REIT Inc 137 – 251 Assura PLC 171 0.01
– Tosei Reit Investment Corp 30 – 17 Big Yellow Group PLC 189 0.01
1 United Urban Investment Corp 447 0.02 86 British Land Co PLC 624 0.02
9,995 0.33 48 Capital & Regional PLC 22 –
Netherlands - 0.07% 42 Custodian Reit PLC 63 –
5 Eurocommercial Properties NV 167 0.01 11 Derwent London PLC 393 0.01
2 NSI NV 74 – 58 Empiric Student Property PLC 69 –
10 Unibail-Rodamco-Westfield 1,774 0.06 28 Great Portland Estates PLC 245 0.01
2 Vastned Retail NV 60 – 80 Hammerson PLC 395 0.01
4 Wereldhave NV 142 – 60 Hansteen Holdings PLC 72 –
2,217 0.07 77 Intu Properties PLC 112 –
New Zealand - 0.02% 52 Land Securities Group PLC 536 0.02
73 LondonMetric Property PLC 164 0.01
85 Argosy Property Ltd 68 –
7 McKay Securities PLC 23 –
89 Goodman Property Trust 95 –
4 Mucklow A & J Group PLC 26 –
5 Investore Property Ltd 5 –
30 NewRiver REIT PLC 88 –
141 Kiwi Property Group Ltd 134 0.01
76 Primary Health Properties PLC 107 –
117 Precinct Properties New Zealand Ltd 117 0.01
165 RDI REIT PLC 66 –
48 Property for Industry Ltd 57 –
39 Regional REIT Ltd 49 –
35 Stride Property Group 45 –
23 Safestore Holdings PLC 153 0.01
29 Vital Healthcare Property Trust 42 –
62 Schroder Real Estate Investment Trust Ltd 44 –
563 0.02
94 Segro PLC 728 0.03
Singapore - 0.12%
21 Shaftesbury PLC 234 0.01
70 AIMS AMP Capital Industrial REIT 70 – 42 Standard Life Investment Property Income Trust
52 Ascendas Hospitality Trust 30 – Ltd 47 –
187 Ascendas Real Estate Investment Trust 351 0.01 152 Tritax Big Box REIT PLC 263 0.01
145 Ascott Residence Trust 113 0.01 27 UNITE Group PLC 290 0.01
96 Cache Logistics Trust 49 – 15 Workspace Group PLC 159 0.01
238 CapitaLand Commercial Trust 303 0.01 5,332 0.18
229 CapitaLand Mall Trust 377 0.01 United States - 3.02%
63 CapitaLand Retail China Trust 63 – 9 Acadia Realty Trust 253 0.01
91 CDL Hospitality Trusts 99 0.01 4 Agree Realty Corp 227 0.01
174 ESR-REIT 63 – 8 Alexander & Baldwin Inc 156 0.01
94 Far East Hospitality Trust 41 – 1 Alexander's Inc 178 0.01
54 First Real Estate Investment Trust 41 – 11 Alexandria Real Estate Equities Inc 1,355 0.05
56 Frasers Centrepoint Trust 88 – 5 American Assets Trust Inc 213 0.01
69 Frasers Commercial Trust 69 – 14 American Campus Communities Inc 626 0.02
83 Frasers Hospitality Trust 42 – 32 American Homes 4 Rent 669 0.02
148 Frasers Logistics & Industrial Trust 114 0.01 23 American Tower Corp 3,762 0.12
79 Keppel DC REIT 79 – 17 Apartment Investment & Management Co 780 0.03
195 Keppel REIT 164 0.01 25 Apple Hospitality REIT Inc 400 0.01
194 Lippo Malls Indonesia Retail Trust 29 – 11 Ashford Hospitality Trust Inc 53 –
116 Manulife US Real Estate Investment Trust 91 – 11 AvalonBay Communities Inc 2,100 0.07
180 Mapletree Commercial Trust 219 0.01 4 Bluerock Residential Growth REIT Inc 33 –
122 Mapletree Industrial Trust 170 0.01 12 Boston Properties Inc 1,608 0.05
238 Mapletree Logistics Trust 221 0.01 3 Braemar Hotels & Resorts Inc 32 –
187 Mapletree North Asia Commercial Trust 154 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 144
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Real Estate Investment Trust (continued) Real Estate Investment Trust (continued)
United States - 3.02% (continued) United States - 3.02% (continued)
19 Brandywine Realty Trust 278 0.01 30 Iron Mountain Inc 1,031 0.03
33 Brixmor Property Group Inc 541 0.02 13 JBG SMITH Properties 512 0.02
20 Brookfield Property REIT Inc 359 0.01 11 Kilroy Realty Corp 772 0.03
2 BRT Apartments Corp 18 – 46 Kimco Realty Corp 745 0.03
10 Camden Property Trust 943 0.03 8 Kite Realty Group Trust 139 0.01
9 CareTrust REIT Inc 178 0.01 9 Lamar Advertising Co 688 0.02
16 CBL & Associates Properties Inc 41 – 27 Lexington Realty Trust 233 0.01
8 Cedar Realty Trust Inc 30 – 16 Liberty Property Trust 725 0.02
5 Chatham Lodging Trust 102 – 5 Life Storage Inc 492 0.02
7 Chesapeake Lodging Trust 201 0.01 4 LTC Properties Inc 203 0.01
4 City Office REIT Inc 42 – 15 Macerich Co 757 0.03
1 Clipper Realty Inc 13 – 11 Mack-Cali Realty Corp 227 0.01
12 Columbia Property Trust Inc 266 0.01 3 MedEquities Realty Trust Inc 18 –
2 Community Healthcare Trust Inc 60 – 40 Medical Properties Trust Inc 686 0.02
2 Condor Hospitality Trust Inc 20 – 7 MGM Growth Properties LLC 209 0.01
4 CoreCivic Inc 88 – 12 Mid-America Apartment Communities Inc 1,254 0.04
6 CorePoint Lodging Inc 85 – 9 Monmouth Real Estate Investment Corp 132 –
4 CoreSite Realty Corp 377 0.01 4 National Health Investors Inc 345 0.01
11 Corporate Office Properties Trust 270 0.01 17 National Retail Properties Inc 860 0.03
47 Cousins Properties Inc 395 0.01 6 National Storage Affiliates Trust 173 0.01
32 Crown Castle International Corp 3,705 0.12 9 New Senior Investment Group Inc 46 –
20 CubeSmart 630 0.02 2 NexPoint Residential Trust Inc 85 –
11 CyrusOne Inc 644 0.02 5 NorthStar Realty Europe Corp 83 –
23 DiamondRock Hospitality Co 243 0.01 22 Omega Healthcare Investors Inc 825 0.03
17 Digital Realty Trust Inc 1,897 0.06 2 One Liberty Properties Inc 55 –
19 Douglas Emmett Inc 693 0.02 15 Outfront Media Inc 309 0.01
38 Duke Realty Corp 1,074 0.04 27 Paramount Group Inc 385 0.01
7 Easterly Government Properties Inc 125 – 22 Park Hotels & Resorts Inc 671 0.02
4 EastGroup Properties Inc 394 0.01 8 Pebblebrook Hotel Trust 280 0.01
18 Empire State Realty Trust Inc 290 0.01 8 Pennsylvania Real Estate Investment Trust 66 –
8 EPR Properties 575 0.02 19 Physicians Realty Trust 345 0.01
6 Equinix Inc 2,383 0.08 14 Piedmont Office Realty Trust Inc 258 0.01
13 Equity Commonwealth 425 0.01 50 Prologis Inc 3,379 0.11
10 Equity LifeStyle Properties Inc 949 0.03 3 PS Business Parks Inc 408 0.01
29 Equity Residential 2,100 0.07 12 Public Storage 2,621 0.09
5 Essex Property Trust Inc 1,380 0.05 6 QTS Realty Trust Inc 238 0.01
13 Extra Space Storage Inc 1,281 0.04 23 Realty Income Corp 1,487 0.05
8 Federal Realty Investment Trust 1,025 0.03 18 Regency Centers Corp 1,145 0.04
14 First Industrial Realty Trust Inc 448 0.02 12 Retail Opportunity Investments Corp 223 0.01
24 Forest City Realty Trust Inc 602 0.02 25 Retail Properties of America Inc 310 0.01
7 Four Corners Property Trust Inc 198 0.01 2 Retail Value Inc 53 –
11 Franklin Street Properties Corp 85 – 10 Rexford Industrial Realty Inc 330 0.01
6 Front Yard Residential Corp 50 – 20 RLJ Lodging Trust 401 0.01
23 Gaming and Leisure Properties Inc 807 0.03 10 RPT Realty 136 0.01
1 Geo Group Inc 21 – 5 Ryman Hospitality Properties Inc 399 0.01
5 Getty Realty Corp 141 0.01 19 Sabra Health Care REIT Inc 366 0.01
3 Gladstone Commercial Corp 54 – 2 Saul Centers Inc 130 –
2 Global Medical REIT Inc 22 – 9 SBA Communications Corp 1,573 0.05
8 Global Net Lease Inc 166 0.01 10 Select Income REIT 201 0.01
10 Government Properties Income Trust 89 – 25 Senior Housing Properties Trust 344 0.01
49 HCP Inc 1,435 0.05 4 Seritage Growth Properties 141 0.01
13 Healthcare Realty Trust Inc 402 0.01 16 Simon Property Group Inc 2,977 0.10
22 Healthcare Trust of America Inc 624 0.02 20 SITE Centers Corp 245 0.01
5 Hersha Hospitality Trust 97 – 10 SL Green Realty Corp 939 0.03
11 Highwoods Properties Inc 470 0.02 2 Sotherly Hotels Inc 14 –
17 Hospitality Properties Trust 469 0.02 4 Spirit MTA REIT 41 –
60 Host Hotels & Resorts Inc 1,132 0.04 48 Spirit Realty Capital Inc 352 0.01
17 Hudson Pacific Properties Inc 519 0.02 12 STAG Industrial Inc 309 0.01
9 Independence Realty Trust Inc 95 – 22 STORE Capital Corp 661 0.02
6 Industrial Logistics Properties Trust 133 0.01 10 Summit Hotel Properties Inc 116 –
14 Investors Real Estate Trust 73 – 9 Sun Communities Inc 968 0.03
53 Invitation Homes Inc 1,127 0.04 25 Sunstone Hotel Investors Inc 376 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 145
Global Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Real Estate Investment Trust (continued) Rights (continued)
United States - 3.02% (continued) Japan - 0.00%
10 Tanger Factory Outlet Centers Inc 242 0.01 4 Akatsuki Corp 2 –
7 Taubman Centers Inc 350 0.01 2 –
6 Terreno Realty Corp 247 0.01 Spain - 0.00%
5 Tier REIT Inc 126 – 29 Realia Business SA 1 –
28 UDR Inc 1,208 0.04
1 –
4 UMH Properties Inc 47 –
Sweden - 0.00%
19 Uniti Group Inc 378 0.01
5 Saab AB 19 –
2 Universal Health Realty Income Trust 107 –
12 Urban Edge Properties 247 0.01 19 –
3 Urstadt Biddle Properties Inc (restricted voting United Kingdom - 0.00%
rights) 62 – 36 Restaurant Group PLC 17 –
1 Urstadt Biddle Properties Inc (voting rights) 10 – 17 –
28 Ventas Inc 1,802 0.06
Total Rights - 0.00% (30 November 2017: 0.00%) 39 –
104 VEREIT Inc 799 0.03
Warrants
20 Vornado Realty Trust 1,445 0.05
Canada - 0.00%
19 Washington Prime Group Inc 118 –
– Tervita – –
9 Washington Real Estate Investment Trust 230 0.01
14 Weingarten Realty Investors 399 0.01 – –
29 Welltower Inc 2,122 0.07 Singapore - 0.00%
1 Wheeler Real Estate Investment Trust Inc 3 – 97 Ezion Holdings Ltd – –
4 Whitestone REIT 60 – – –
12 WP Carey Inc 809 0.03 Total Warrants - 0.00% (30 November 2017: 0.00%) – –
12 Xenia Hotels & Resorts Inc 250 0.01 Total Investments - 99.99% (30 November 2017: 99.81%) 3,027,161 99.99
91,377 3.02
Total Real Estate Investment Trust - 4.24% (30 November
2017: 4.09%) 128,423 4.24
Rights
Australia - 0.00%
21 Cromwell Property Group – –
– Growthpoint Properties Australia Ltd – –
– –
Forward Currency Contracts
Unrealised
Appreciation/(Depreciation) % of Net
of Contracts (000's) Asset
Buy Amount (000's) Sell Amount (000's) Counterparty Maturity Date USD Value
Buy 434 EUR Sell 688 AUD State Street Bank 13/12/2018 (12) –
Buy 987 EUR Sell 868 GBP State Street Bank 13/12/2018 11 –
Buy 1,521 EUR Sell 196,208 JPY State Street Bank 13/12/2018 (7) –
Buy 10,992 EUR Sell 12,562 USD State Street Bank 13/12/2018 (108) –
Unrealised Appreciation of Forward Currency Contracts 11 –
Unrealised Depreciation of Forward Currency Contracts (127) –
Net Unrealised Depreciation of Forward Currency Contracts - 0.00% (30 November 2017: 0.00%) (116) –
% of
Net
Value (000's) Asset
USD Value
Cash and Cash Equivalents - 0.49% (30 November 2017: 0.46%) 14,688 0.49
Other Liabilities in Excess of Other Assets - (0.48) % (30 November 2017: (0.27)%) (14,507) (0.48)
Total Net Assets 3,027,226 100.00
Amounts designated as “-“ are either $0, less than $500 or less than 500 shares.
Analysis of Total Assets (unaudited) % of Total Assets
Transferable securities admitted to an official exchange listing 98.63
OTC financial derivative instruments 0.00
Current Assets 1.37
Total Assets 100.00
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 146
Global Short Fixed Income Fund
Portfolio of Investments as at 30 November 2018
% of Net % of Net
Face Value Coupon Maturity Value (000's) Asset Face Value Coupon Maturity Value (000's) Asset
(000's) Rate % Date EUR Value (000's) Rate % Date EUR Value
Corporate Bonds Corporate Bonds (continued)
Australia - 5.45% France - 3.95% (continued)
33,833 Australia & New 5,000 Total Capital
Zealand Banking International SA 2.750 19/06/2021 4,358 0.17
Group Ltd 2.625 09/11/2022 28,711 1.14 2,244 Total Capital
10,875 Commonwealth Bank International SA 2.875 17/02/2022 1,946 0.09
of Australia 2.750 10/03/2022 9,344 0.37 2,200 Total Capital
17,055 Commonwealth Bank International SA 2.125 15/03/2023 2,360 0.09
of Australia 0.500 11/07/2022 17,091 0.68 99,755 3.95
4,470 Commonwealth Bank
of Australia 2.500 18/09/2022 3,781 0.15 Germany - 7.35%
3,710 National Australia 8,000 FMS Wertmanagement 1.125 07/09/2023 8,926 0.35
Bank Ltd 2.800 10/01/2022 3,198 0.13 48,454 Kreditanstalt fuer
4,637 National Australia Wiederaufbau 2.125 15/08/2023 53,283 2.11
Bank Ltd 0.875 20/01/2022 4,704 0.19 15,810 Kreditanstalt fuer
14,556 National Australia Wiederaufbau 0.000 15/09/2023 15,788 0.62
Bank Ltd 2.500 22/05/2022 12,360 0.49 5,250 Kreditanstalt fuer
6,300 National Australia Wiederaufbau 0.125 07/11/2023 5,268 0.21
Bank Ltd 0.350 07/09/2022 6,258 0.25 32,000 Landwirtschaftliche
6,591 Westpac Banking Corp 2.100 13/05/2021 5,629 0.22 Rentenbank 0.050 12/06/2023 32,031 1.27
6,052 Westpac Banking Corp 2.000 19/08/2021 5,131 0.20 29,100 NRW Bank 0.000 10/08/2022 29,180 1.15
30,130 Westpac Banking Corp 2.800 11/01/2022 25,982 1.03 19,928 NRW Bank 0.000 11/11/2022 19,959 0.79
9,450 Westpac Banking Corp 0.250 17/01/2022 9,402 0.36 9,100 NRW Bank 0.125 10/03/2023 9,146 0.36
7,058 Westpac Banking Corp 2.500 28/06/2022 6,005 0.24 12,000 NRW Bank 0.125 07/07/2023 12,036 0.49
137,596 5.45 185,617 7.35
Canada - 6.79% Luxembourg - 3.25%
8,000 Bank of Montreal 1.880 31/03/2021 5,199 0.21 41,493 European Financial
Stability Facility 0.000 17/11/2022 41,588 1.65
2,360 Bank of Montreal 1.900 27/08/2021 2,002 0.08 13,200 European Financial
7,143 Bank of Nova Scotia 2.700 07/03/2022 6,129 0.24 Stability Facility 0.500 20/01/2023 13,480 0.53
22,400 Royal Bank of Canada 2.030 15/03/2021 14,620 0.58 19,500 European Financial
21,083 Royal Bank of Canada 2.750 01/02/2022 18,222 0.72 Stability Facility 0.125 17/10/2023 19,480 0.77
1,000 Nestle Finance
47,643 Royal Bank of Canada 1.968 02/03/2022 30,675 1.21
International Ltd 0.750 16/05/2023 1,020 0.04
17,500 Royal Bank of Canada 2.000 21/03/2022 11,266 0.45 1,500 Novartis Finance SA 0.500 14/08/2023 1,516 0.06
4,000 Toronto-Dominion
Bank 1.800 13/07/2021 3,395 0.13 5,000 Novartis Finance SA 0.125 20/09/2023 4,946 0.20
14,467 Toronto-Dominion 82,030 3.25
Bank 2.621 22/12/2021 9,532 0.38
Netherlands - 7.35%
66,700 Toronto-Dominion
38,916 Bank Nederlandse
Bank 1.994 23/03/2022 43,025 1.70
Gemeenten 0.050 11/07/2023 38,835 1.54
12,000 Toronto-Dominion
13,100 Bank Nederlandse
Bank 3.005 30/05/2023 7,963 0.32
Gemeenten NV 0.500 26/08/2022 13,377 0.53
9,200 Toronto-Dominion
3,000 Bank Nederlandse
Bank 0.625 20/07/2023 9,198 0.36
Gemeenten NV 0.250 22/02/2023 3,032 0.12
4,300 Total Capital Canada
14,350 Cooperatieve
Ltd 1.125 18/03/2022 4,432 0.18
Rabobank UA 2.750 10/01/2022 12,318 0.49
6,000 Toyota Credit Canada
8,257 Cooperatieve
Inc 2.020 28/02/2022 3,855 0.15
Rabobank UA 3.875 08/02/2022 7,339 0.29
3,000 Toyota Credit Canada
4,780 Cooperatieve
Inc 2.350 18/07/2022 1,939 0.08
Rabobank UA 4.750 06/06/2022 5,524 0.22
171,452 6.79 5,500 Cooperatieve
Finland - 0.30% Rabobank UA 0.500 06/12/2022 5,548 0.22
41,200 Nederlandse
1,000 Nordea Bank AB 0.300 30/06/2022 999 0.04
Waterschapsbank NV 0.125 25/09/2023 41,190 1.63
3,525 OP Corporate Bank
2,400 Roche Finance Europe
PLC 0.750 03/03/2022 3,573 0.14 BV 0.500 27/02/2023 2,439 0.10
1,140 OP Corporate Bank 17,710 Shell International
PLC 0.375 11/10/2022 1,138 0.05 Finance BV 1.875 10/05/2021 15,106 0.60
2,000 OP Corporate Bank
13,087 Shell International
PLC 0.375 29/08/2023 1,977 0.07 Finance BV 1.750 12/09/2021 11,077 0.44
7,687 0.30 8,973 Shell International
France - 3.95% Finance BV 1.250 15/03/2022 9,274 0.37
9,929 Shell International
8,500 Dexia Credit Local 0.250 01/06/2023 8,523 0.34 Finance BV 1.000 06/04/2022 10,178 0.40
13,300 Dexia Credit Local SA 0.875 07/09/2021 14,762 0.58 10,450 Toyota Motor Fin
24,250 Dexia Credit Local SA 0.250 02/06/2022 24,459 0.97 (Netherlands) 0.625 26/09/2023 10,447 0.40
11,700 Dexia Credit Local SA 1.125 15/06/2022 13,009 0.51 185,684 7.35
1,500 Dexia Credit Local SA 2.375 20/09/2022 1,284 0.05 New Zealand - 0.54%
5,000 Dexia Credit Local SA 0.750 25/01/2023 5,128 0.20 4,873 ANZ New Zealand Int'l
23,700 Sanofi 0.500 21/03/2023 23,926 0.95 Ltd 0.400 01/03/2022 4,852 0.19
8,750 ASB Finance Ltd 0.500 10/06/2022 8,717 0.35
13,569 0.54
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 147
Global Short Fixed Income Fund
Portfolio of Investments as at 30 November 2018 (continued)
% of Net % of Net
Face Value Coupon Maturity Value (000's) Asset Face Value Coupon Maturity Value (000's) Asset
(000's) Rate % Date EUR Value (000's) Rate % Date EUR Value
Corporate Bonds (continued) Corporate Bonds (continued)
Norway - 0.32% United States - 15.31% (continued)
5,000 Equinor ASA 3.150 23/01/2022 4,374 0.17 5,141 Coca-Cola Co 1.125 22/09/2022 5,303 0.21
2,900 Equinor ASA 2.450 17/01/2023 2,452 0.10 10,760 Coca-Cola Co 0.750 09/03/2023 10,904 0.43
1,213 Equinor ASA 0.875 17/02/2023 1,238 0.05 7,289 International Business
Machines Corp 2.500 27/01/2022 6,211 0.25
8,064 0.32
3,891 Johnson & Johnson 0.250 20/01/2022 3,909 0.15
Singapore - 0.30%
9,330 Johnson & Johnson 2.250 03/03/2022 8,013 0.32
6,200 Temasek Financial I
Ltd 0.500 01/03/2022 6,279 0.25 429 Merck & Co Inc 1.125 15/10/2021 440 0.02
1,000 Temasek Financial I 8,255 Merck & Co Inc 2.350 10/02/2022 7,063 0.28
Ltd 4.625 26/07/2022 1,253 0.05 13,000 Microsoft Corp 2.400 06/02/2022 11,226 0.44
7,532 0.30 8,282 Microsoft Corp 2.375 12/02/2022 7,136 0.28
Supranational - 9.25% 49,548 Oracle Corp 1.900 15/09/2021 42,132 1.67
4,000 Asian Development 11,814 Oracle Corp 2.500 15/05/2022 10,117 0.40
Bank 1.000 15/12/2022 4,468 0.18 8,000 Oracle Corp 2.500 15/10/2022 6,800 0.27
63,156 Asian Development 8,894 Pfizer Inc 2.200 15/12/2021 7,633 0.30
Bank 0.200 25/05/2023 63,725 2.52
452 Council of Europe 11,865 Pfizer Inc 0.250 06/03/2022 11,884 0.47
Development Bank 0.375 27/10/2022 460 0.02 13,050 Procter & Gamble Co 1.700 03/11/2021 11,079 0.44
32,697 Council Of Europe 3,684 Procter & Gamble Co 2.150 11/08/2022 3,135 0.12
Development Bank 0.125 25/05/2023 32,879 1.30 6,984 Procter & Gamble Co 2.000 16/08/2022 7,442 0.29
12,243 European Investment 27,951 Toyota Motor Credit
Bank 1.625 15/03/2023 13,093 0.52 Corp 1.900 08/04/2021 23,955 0.95
25,357 European Investment 2,000 Toyota Motor Credit
Bank 0.000 16/10/2023 25,278 1.00 Corp 2.750 17/05/2021 1,741 0.07
17,943 European Stability 25,733 Toyota Motor Credit
Mechanism 0.000 18/10/2022 17,980 0.71 Corp 2.600 11/01/2022 22,241 0.88
54,567 European Stability 1,990 Toyota Motor Credit
Mechanism 0.100 31/07/2023 54,609 2.16 Corp 3.300 12/01/2022 1,756 0.07
12,000 International Bank for 2,000 Toyota Motor Credit
Reconstruction & Corp 0.750 21/07/2022 2,032 0.08
Development 1.000 19/12/2022 13,410 0.53 5,000 Toyota Motor Credit
82,000 International Bank for Corp 2.150 08/09/2022 4,225 0.18
Reconstruction &
Development 0.375 17/07/2023 7,942 0.31 386,886 15.31
233,844 9.25 Total Corporate Bonds – 61.17% (30 November 2017: 69.17%) 1,545,381 61.17
Sweden - 0.99%
1,200 Nordea Bank AB 3.250 05/07/2022 1,322 0.05 Government Bonds
8,790 Skandinaviska Austria - 4.58%
Enskilda Banken AB 0.300 17/02/2022 8,793 0.35 114,900 Republic of Austria
2,000 Svensk Exportkredit Government Bond 0.000 15/07/2023 115,657 4.58
AB 1.375 15/12/2022 2,259 0.09 115,657 4.58
4,447 Svenska
Handelsbanken AB 0.250 28/02/2022 4,439 0.18 Belgium - 1.80%
1,000 Svenska 32,000 Kingdom of Belgium
Handelsbanken AB 2.625 23/08/2022 1,083 0.04 Government
7,004 Svenska International Bond 2.250 22/06/2023 35,489 1.40
Handelsbanken AB 1.125 14/12/2022 7,191 0.28 10,000 Kingdom of Belgium
Government
25,087 0.99
International Bond 0.200 22/10/2023 10,107 0.40
United Kingdom - 0.02%
45,596 1.80
500 Transport for London 2.250 09/08/2022 578 0.02
Canada - 6.70%
578 0.02 13,500 Canada Housing Trust
United States - 15.31% No 1 1.750 15/06/2022 8,762 0.35
5,515 3M Co 0.375 15/02/2022 5,544 0.22 58,200 Province of Alberta
Canada 1.350 01/09/2021 37,518 1.48
4,200 3M Co 0.950 15/05/2023 4,303 0.17 18,300 Province of Alberta
23,559 Apple Inc 2.250 23/02/2021 20,407 0.81 Canada 2.200 26/07/2022 15,616 0.62
8,481 Apple Inc 1.550 04/08/2021 7,181 0.28 10,000 Province of British
12,000 Apple Inc 2.500 09/02/2022 10,354 0.41 Columbia Canada 3.250 18/12/2021 6,798 0.27
30,000 Province of Manitoba
4,913 Apple Inc 2.100 12/09/2022 4,143 0.16
Canada 1.550 05/09/2021 19,448 0.77
5,200 Apple Inc 1.000 10/11/2022 5,381 0.21 19,500 Province of Ontario
25,520 Berkshire Hathaway Canada 2.400 08/02/2022 16,808 0.67
Inc 2.200 15/03/2021 22,106 0.87 5,000 Province of Ontario
5,900 Berkshire Hathaway Canada 1.350 08/03/2022 3,200 0.13
Inc 0.750 16/03/2023 5,950 0.24 27,500 Province of Ontario
19,941 Chevron Corp 2.100 16/05/2021 17,133 0.68 Canada 3.150 02/06/2022 18,625 0.74
8,000 Chevron Corp 2.411 03/03/2022 6,839 0.27 42,000 Province of Quebec
Canada 4.250 1/12/2021 29,324 1.16
16,000 Chevron Corp 2.498 03/03/2022 13,716 0.54
21,000 Cisco Systems Inc 2.200 28/02/2021 18,126 0.72
26,251 Cisco Systems Inc 1.850 20/09/2021 22,294 0.88
1,889 Coca-Cola Co 3.300 01/09/2021 1,677 0.07
6,256 Coca-Cola Co 2.200 25/05/2022 5,355 0.21
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 148
Global Short Fixed Income Fund
Portfolio of Investments as at 30 November 2018 (continued)
% of Net % of Net
Face Value Coupon Maturity Value (000's) Asset Face Value Coupon Maturity Value (000's) Asset
(000's) Rate % Date EUR Value (000's) Rate % Date EUR Value
Government Bonds (continued) Government Bonds (continued)
Canada - 6.70% (continued) France - 10.26% (continued)
11,800 Province of Quebec 20,900 UNEDIC ASSEO 0.875 25/10/2022 21,665 0.86
Canada 2.375 31/01/2022 10,199 0.4
30,600 UNEDIC ASSEO 2.250 05/04/2023 33,571 1.33
2,670 Province of Quebec
Canada 0.875 24/05/2022 2,957 0.11 259,314 10.26
169,255 6.70 Germany - 2.21%
2,000 Bundesrepublik
Denmark - 2.18%
Deutschland
30,000 Denmark 1.500 15/11/2023 4,366 0.17 Bundesanleihe 1.500 15/02/2023 2,160 0.09
3,750 Kommunekredit 0.000 08/09/2022 3,753 0.15 24,200 State of North Rhine-
7,591 Kommunekredit 0.250 29/03/2023 7,651 0.30 Westphalia Germany 0.000 05/12/2022 24,237 0.96
12,590 State of North Rhine-
12,320 Kommunekredit 0.250 15/05/2023 12,413 0.49
Westphalia Germany 0.375 16/02/2023 12,792 0.51
27,136 Kommunekredit 0.125 28/08/2023 27,131 1.07 1,840 State of North Rhine-
55,314 2.18 Westphalia Germany 0.125 16/03/2023 1,849 0.07
Finland - 2.53% 14,426 State of North Rhine-
Westphalia Germany 0.200 17/04/2023 14,535 0.58
15,700 Finland Government
Bond 1.500 15/04/2023 16,860 0.67 55,573 2.21
42,300 Finland Government Netherlands - 0.24%
Bond 0.000 15/09/2023 42,521 1.68 5,500 Netherlands
4,000 Municipality Finance Government Bond 1.750 15/07/2023 6,012 0.24
PLC 1.250 07/12/2022 4,508 0.18
6,012 0.24
63,889 2.53
Norway - 1.99%
France - 10.26%
723 Kommunalbanken AS 1.125 30/11/2022 809 0.03
16,100 Agence Francaise de
470,000 Norway Government
Developpement 0.125 30/04/2022 16,191 0.64
Bond 2.000 24/05/2023 49,559 1.96
32,400 Caisse
d'Amortissement de la 50,368 1.99
Dette Sociale 0.125 25/11/2022 32,697 1.29 Sweden - 5.73%
3,000 Caisse 111,000 Kommuninvest I
d'Amortissement de la Sverige AB 1.000 15/09/2021 11,031 0.44
Dette Sociale 0.500 25/05/2023 3,066 0.12 218,000 Kommuninvest I
39,900 Caisse Sverige AB 0.250 01/06/2022 21,115 0.84
d'Amortissement de la 425,000 Kommuninvest I
Dette Sociale 0.125 25/10/2023 39,982 1.58 Sverige AB 0.750 22/02/2023 41,799 1.65
43,000 French Republic 478,000 Sweden Government
Government Bond Bond 3.500 01/06/2022 52,462 2.08
OAT 0.000 25/03/2023 43,279 1.71 175,000 Sweden Government
49,500 French Republic Bond 1.500 13/11/2023 18,287 0.72
Government Bond
OAT 1.750 25/05/2023 53,749 2.13 144,694 5.73
15,000 UNEDIC ASSEO 0.125 25/05/2022 15,114 0.60 Total Government Bonds - 38.22% (30 November 2017:
29.70%) 965,672 38.22
Total Investments - 99.39% (30 November 2017: 98.87%) 2,511,053 99.39
Forward Currency Contracts
Unrealised
Appreciation/(Depreciation) % of Net
of Contracts (000's) Asset
Buy Amount (000's) Sell Amount (000's) Counterparty Maturity Date EUR Value
Buy 189,634 CAD Sell 125,452 EUR Barclays Bank 03/12/2018 621 0.02
Buy 19,012 CHF Sell 16,629 EUR Natwest Markets 12/12/2018 182 0.01
Buy 19,000 CHF Sell 16,649 EUR State Street Bank 12/11/2018 152 0.01
Buy 125,795 EUR Sell 190,945 CAD Barclays Bank 04/02/2019 (609) (0.02)
Buy 117,966 EUR Sell 175,181 CAD Citibank 06/12/2018 1,515 0.06
Buy 126,818 EUR Sell 189,634 CAD State Street Bank 03/12/2018 745 0.03
Buy 1,365 EUR Sell 2,041 CAD State Street Bank 04/12/2018 8 -
Buy 7,775 EUR Sell 11,704 CAD State Street Bank 06/12/2018 (5) -
Buy 4,366 EUR Sell 32,573 DKK State Street Bank 21/12/2018 1 -
Buy 66,747 EUR Sell 59,717 GBP Citibank 28/02/2019 (254) (0.01)
Buy 541 EUR Sell 479 GBP State Street Bank 03/12/2018 1 -
Buy 21 EUR Sell 18 GBP State Street Bank 04/12/2018 - -
Buy 866 EUR Sell 771 GBP State Street Bank 04/12/2018 (3) -
Buy 20 EUR Sell 18 GBP State Street Bank 04/12/2018 - -
Buy 1 EUR Sell 1 GBP State Street Bank 24/01/2019 - -
Buy 5 EUR Sell 4 GBP State Street Bank 24/01/2019 - -
Buy 78,531 EUR Sell 69,845 GBP UBS 03/12/2018 (84) -
Buy 3,103 EUR Sell 398,768 JPY Bank of America Merrill Lynch 08/01/2019 - -
Buy 663 EUR Sell 85,650 JPY State Street Bank 03/12/2018 (4) -
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 149
Global Short Fixed Income Fund
Portfolio of Investments as at 30 November 2018 (continued)
Forward Currency Contracts (continued)
Unrealised
Appreciation/(Depreciation) % of Net
of Contracts (000's) Asset
Buy Amount (000's) Sell Amount (000's) Counterparty Maturity Date EUR Value
Buy 405 EUR Sell 52,300 JPY State Street Bank 04/12/2018 (2) -
Buy 2 EUR Sell 283 JPY State Street Bank 18/12/2018 - -
Buy 219 EUR Sell 28,000 JPY State Street Bank 27/12/2018 2 -
Buy 1 EUR Sell 105 JPY State Street Bank 09/01/2019 - -
Buy 5,950 EUR Sell 56,703 NOK State Street Bank 12/11/2018 124 -
Buy 8,111 EUR Sell 77,497 NOK UBS 12/11/2018 148 0.01
Buy 36,659 EUR Sell 349,660 NOK UBS 07/12/2018 728 0.03
Buy 65,550 EUR Sell 675,803 SEK Citibank 16/01/2019 (33) -
Buy 5,112 EUR Sell 52,458 SEK Citibank 17/01/2019 21 -
Buy 2,589 EUR Sell 26,593 SEK HSBC Bank 17/01/2019 8 -
Buy 4,926 EUR Sell 50,379 SEK JPMorgan 17/01/2019 37 -
Buy 5,559 EUR Sell 57,543 SEK National Australia Bank 16/01/2019 (25) -
Buy 69,244 EUR Sell 719,384 SEK Natwest Markets 25/01/2019 (567) (0.02)
Buy 9 EUR Sell 97 SEK State Street Bank 17/12/2018 - -
Buy 14 EUR Sell 140 SEK State Street Bank 02/01/2019 - -
Buy 39 EUR Sell 412 SEK State Street Bank 02/01/2019 (1) -
Buy 201 EUR Sell 313 SGD State Street Bank 03/12/2018 (1) -
Buy 76 EUR Sell 118 SGD State Street Bank 04/12/2018 - -
Buy 45 EUR Sell 71 SGD State Street Bank 18/01/2019 - -
Buy 81,980 EUR Sell 94,133 USD Bank of America Merrill Lynch 28/02/2019 (520) (0.03)
Buy 84,335 EUR Sell 96,590 USD HSBC Bank 17/12/2018 (881) (0.04)
Buy 60,975 EUR Sell 69,104 USD JPMorgan 18/12/2018 15 -
Buy 60,813 EUR Sell 69,630 USD Morgan Stanley 27/12/2018 (547) (0.02)
Buy 65,239 EUR Sell 73,890 USD Natwest Markets 20/12/2018 72 -
Buy 93,201 EUR Sell 106,480 USD State Street Bank 03/12/2018 (855) (0.03)
Buy 4 EUR Sell 5 USD State Street Bank 04/12/2018 - -
Buy 83,851 EUR Sell 95,558 USD State Street Bank 12/12/2018 (502) (0.02)
Buy 46 EUR Sell 52 USD State Street Bank 21/12/2018 - -
Buy 12 EUR Sell 13 USD State Street Bank 21/12/2018 - -
Buy 770 EUR Sell 880 USD State Street Bank 27/12/2018 (6) -
Buy 63,150 EUR Sell 71,525 USD State Street Bank 04/01/2019 176 0.01
Buy 56 EUR Sell 65 USD State Street Bank 16/01/2019 - -
Buy 82,072 EUR Sell 93,297 USD UBS 21/12/2018 (201) (0.01)
Buy 69,845 GBP Sell 78,298 EUR Citibank 03/12/2018 316 0.01
Buy 75,709 GBP Sell 85,323 EUR Citibank 17/01/2019 (252) (0.01)
Buy 74,255 GBP Sell 83,229 EUR JPMorgan 04/12/2018 350 0.01
Buy 4 GBP Sell 5 EUR State Street Bank 04/12/2018 - -
Buy 2,542 GBP Sell 2,911 EUR State Street Bank 04/12/2018 (50) -
Buy 524 GBP Sell 588 EUR State Street Bank 17/01/2019 1 -
Buy 740 GBP Sell 833 EUR State Street Bank 17/01/2019 (1) -
Buy 1,590 GBP Sell 1,780 EUR State Street Bank 18/01/2019 6 -
Buy 2,963 GBP Sell 3,359 EUR State Street Bank 18/01/2019 (30) -
Buy 127 GBP Sell 142 EUR State Street Bank 22/01/2019 1 -
Buy 3 GBP Sell 3 EUR State Street Bank 22/01/2019 - -
Buy 10,904 GBP Sell 12,213 EUR State Street Bank 24/01/2019 37 -
Buy 7 GBP Sell 8 EUR State Street Bank 01/10/2019 - -
Buy 76,939 GBP Sell 86,904 EUR State Street Bank 01/10/2019 (431) (0.02)
Buy 72,904 GBP Sell 82,716 EUR UBS 18/01/2019 (801) (0.03)
Buy 10,773 GBP Sell 12,157 EUR UBS 22/01/2019 (54) -
Buy 12,669,345 JPY Sell 98,763 EUR Barclays Bank 18/12/2018 (178) (0.01)
Buy 1,104,090 JPY Sell 8,591 EUR Citibank 27/12/2018 1 -
Buy 12,360,621 JPY Sell 95,770 EUR Citibank 04/01/2019 420 0.02
Buy 12,736,327 JPY Sell 99,009 EUR Citibank 08/01/2019 104 -
Buy 8,354,096 JPY Sell 65,106 EUR HSBC Bank 27/12/2018 (97) -
Buy 8,478,781 JPY Sell 65,990 EUR HSBC Bank 04/01/2019 (8) -
Buy 8,710,148 JPY Sell 65,634 EUR Morgan Stanley 21/12/2018 2,144 0.08
Buy 12,253,662 JPY Sell 92,356 EUR Morgan Stanley 21/12/2018 2,997 0.12
Buy 12,382,130 JPY Sell 96,119 EUR State Street Bank 12/12/2018 228 0.01
Buy 82,650 JPY Sell 646 EUR State Street Bank 12/12/2018 (3) -
Buy 108,300 JPY Sell 841 EUR State Street Bank 21/12/2018 2 -
Buy 19,500 JPY Sell 151 EUR State Street Bank 27/12/2018 1 -
Buy 12,300 JPY Sell 96 EUR State Street Bank 27/12/2018 - -
Buy 12,366,977 JPY Sell 96,387 EUR State Street Bank 27/12/2018 (151) (0.01)
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 150
Global Short Fixed Income Fund
Portfolio of Investments as at 30 November 2018 (continued)
Forward Currency Contracts (continued)
Unrealised
Appreciation/(Depreciation) % of Net
of Contracts (000's) Asset
Buy Amount (000's) Sell Amount (000's) Counterparty Maturity Date EUR Value
Buy 4,000 JPY Sell 31 EUR State Street Bank 04/01/2019 - -
Buy 82,650 JPY Sell 640 EUR State Street Bank 29/01/2019 3 -
Buy 12,330,483 JPY Sell 96,107 EUR State Street Bank 29/01/2019 (159) (0.01)
Buy 12,383,242 JPY Sell 96,388 EUR UBS 09/01/2019 (23) -
Buy 93,578 NOK Sell 9,594 EUR Natwest Markets 31/01/2019 (2) -
Buy 4,977 NOK Sell 521 EUR State Street Bank 04/12/2018 (10) -
Buy 5,219 NOK Sell 544 EUR State Street Bank 02/01/2019 (9) -
Buy 93,396 NOK Sell 9,596 EUR State Street Bank 04/02/2019 (25) -
Buy 79,934 SEK Sell 7,699 EUR Bank of America Merrill Lynch 02/01/2019 58 -
Buy 79,934 SEK Sell 7,698 EUR Bank of America Merrill Lynch 03/01/2019 59 -
Buy 34,165 SEK Sell 3,341 EUR State Street Bank 17/12/2018 (26) -
Buy 33,295 SEK Sell 3,243 EUR State Street Bank 21/12/2018 (12) -
Buy 1,368 SEK Sell 131 EUR State Street Bank 02/01/2019 2 -
Buy 107 SEK Sell 10 EUR State Street Bank 03/01/2019 - -
Buy 290 SEK Sell 28 EUR State Street Bank 03/01/2019 - -
Buy 10,365 SGD Sell 6,589 EUR State Street Bank 18/01/2019 61 -
Buy 10,102 SGD Sell 6,442 EUR State Street Bank 24/01/2019 37 -
Buy 93,767 USD Sell 82,293 EUR Bank of America Merrill Lynch 03/12/2018 532 0.03
Buy 36,118 USD Sell 30,936 EUR JPMorgan 21/12/2018 916 0.05
Buy 36,118 USD Sell 30,923 EUR JPMorgan 27/12/2018 907 0.04
Buy 13,356 USD Sell 11,682 EUR State Street Bank 03/12/2018 115 -
Buy 17,074 USD Sell 15,003 EUR State Street Bank 12/12/2018 69 -
Buy 12,435 USD Sell 10,944 EUR State Street Bank 17/12/2018 27 -
Buy 74 USD Sell 65 EUR State Street Bank 21/12/2018 - -
Buy 6 USD Sell 6 EUR State Street Bank 21/12/2018 - -
Buy 343 USD Sell 299 EUR State Street Bank 27/12/2018 3 -
Buy 284 USD Sell 247 EUR State Street Bank 15/01/2019 2 -
Buy 450 USD Sell 398 EUR State Street Bank 15/01/2019 (2) -
Buy 928 USD Sell 809 EUR State Street Bank 16/01/2019 7 -
Buy 15 USD Sell 13 EUR State Street Bank 16/01/2019 - -
Buy 18,240 USD Sell 15,695 EUR UBS 15/01/2019 350 0.01
Buy 18,240 USD Sell 15,697 EUR UBS 16/01/2019 347 0.01
Unrealised Appreciation of Forward Currency Contracts 14,659 0.57
Unrealised Depreciation of Forward Currency Contracts (7,424) (0.29)
Net Unrealised Appreciation of Forward Currency Contracts - 0.28% (30 November 2017: 0.35%) 7,235 0.28
% of
Net
Value (000's) Asset
EUR Value
Cash and Cash Equivalents - 0.83% (30 November 2017: 0.69%) 20,917 0.83
Other Liabilities in Excess of Assets - (0.50)% (30 November 2017: 0.09%) (12,729) (0.50)
Total Net Assets 2,526,476 100.00
Amounts designated as “–“ are either €0 or less than €500.
Analysis of Total Assets (unaudited) % of Total Assets
Transferable securities admitted to an official exchange listing 45.89
Transferable securities dealt in on another regulated market 51.71
Other transferable securities of the type referred to in Regulation 68 (1) (a), (b) and (c) 0.44
OTC Financial derivative instruments 0.57
Current Assets 1.39
Total Assets 100.00
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 151
Global Short-Term Investment Grade Fixed Income Fund
Portfolio of Investments as at 30 November 2018
% of Net % of Net
Face Value Coupon Maturity Value (000's) Asset Face Value Coupon Maturity Value (000's) Asset
(000's) Rate % Date USD Value (000's) Rate % Date USD Value
Corporate Bonds Corporate Bonds (continued)
Australia - 2.64% France - 6.43% (continued)
6,000 Australia & New 2,000 Dexia Credit Local SA 1.125 15/06/2022 2,518 0.23
Zealand Banking
4,000 Dexia Credit Local SA 0.750 25/01/2023 4,644 0.42
Group Ltd 2.700 16/11/2020 5,916 0.54
1,604 Electricite de France
1,846 BHP Billiton Finance
SA 4.600 27/01/2020 1,627 0.15
Ltd 0.750 28/10/2022 2,114 0.19
2,000 Electricite de France
2,168 BHP Billiton Finance
SA 2.350 13/10/2020 1,963 0.18
USA Ltd 2.875 24/02/2022 2,136 0.20
3,000 Electricite de France
4,000 Commonwealth Bank
SA 3.875 18/01/2022 3,787 0.34
of Australia 0.500 11/07/2022 4,538 0.41
1,500 National Australia 4,000 HSBC France SA 0.600 20/03/2023 4,533 0.41
Bank Ltd 1.875 20/02/2020 1,922 0.18 3,000 Pernod Ricard SA 5.750 07/04/2021 3,133 0.28
100 National Australia 1,300 Societe Generale SA 2.500 08/04/2021 1,267 0.12
Bank Ltd 4.000 13/07/2020 120 0.01 3,000 Societe Generale SA 1.000 01/04/2022 3,409 0.31
615 National Australia
Bank Ltd 2.625 14/01/2021 604 0.06 1,000 Societe Generale SA 4.250 13/07/2022 1,287 0.12
4,895 National Australia 80 Total Capital
Bank Ltd 3.000 20/01/2023 4,760 0.43 International SA 2.125 10/01/2019 80 0.01
2,000 Westpac Banking Corp 2.600 23/11/2020 1,972 0.18 70,649 6.43
5,000 Westpac Banking Corp 2.800 11/01/2022 4,881 0.44 Germany – 2.73%
28,963 2.64 1,000 Deutsche Bank AG 2.500 13/02/2019 997 0.09
Belgium - 0.68% 4,000 Deutsche Bank AG 1.500 20/01/2022 4,369 0.40
2,000 Anheuser-Busch InBev 2,000 Deutsche Bank AG 2.375 11/01/2023 2,239 0.20
SA/NV 0.875 17/03/2022 2,284 0.21 700 Deutsche Bank AG 2.950 20/08/2020 683 0.06
4,580 Anheuser-Busch InBev 5,000 FMS Wertmanagement
SA/NV 0.800 20/04/2023 5,202 0.47 AoeR 0.875 14/02/2022 6,308 0.58
7,486 0.68 3,000 Kreditanstalt fuer
Wiederaufbau 0.000 15/12/2022 3,409 0.31
Canada - 3.21% 2,000 Landeskreditbank
5,000 Bank of Montreal 2.100 12/12/2019 4,947 0.45 Baden-Wuerttemberg
10,000 Bank of Nova Scotia 1.900 02/12/2021 7,295 0.66 Foerderbank 1.125 17/05/2021 2,546 0.23
3,500 Canadian Imperial 3,000 Landeskreditbank
Bank of Commerce 1.850 14/07/2020 2,597 0.24 Baden-Wuerttemberg
2,600 Canadian Imperial Foerderbank 0.875 07/03/2022 3,775 0.34
Bank of Commerce 0.750 22/03/2023 2,965 0.27 2,000 Landwirtschaftliche
2,000 Rogers Rentenbank 0.050 12/06/2023 2,266 0.21
Communications Inc 5.380 04/11/2019 1,542 0.14 3,000 NRW Bank 0.125 07/07/2023 3,407 0.31
1,775 Royal Bank of Canada 2.350 30/10/2020 1,745 0.16 29,999 2.73
8,000 Royal Bank of Canada 2.750 01/02/2022 7,827 0.71 Guernsey - 0.18%
3,000 Toronto-Dominion 1,700 Credit Suisse Group
Bank 0.625 20/07/2023 3,396 0.31 Funding Guernsey Ltd 1.250 14/04/2022 1,941 0.18
4,000 VW Credit Canada Inc 2.150 24/06/2020 2,964 0.27
1,941 0.18
35,278 3.21
Ireland - 0.38%
Denmark - 0.27% 2,000 Abbott Ireland
2,000 Danske Bank AS 2.750 17/09/2020 1,959 0.18 Financing DAC 0.875 27/09/2023 2,261 0.21
1,000 Danske Bank AS 2.800 10/03/2021 974 0.09 1,000 Johnson Controls
International PLC 1.000 15/09/2023 1,131 0.10
2,933 0.27 843 Perrigo Finance
Finland - 1.08% Unlimited Co 3.500 15/12/2021 820 0.07
3,000 Nordea Bank AB 2.000 17/02/2021 3,541 0.32 4,212 0.38
1,000 Nordea Bank AB 3.250 05/07/2022 1,248 0.11 Italy - 0.58%
1,000 Nordea Bank Abp 1.000 22/02/2023 1,157 0.11 1,678 Enel SpA 6.250 20/06/2019 2,191 0.20
300 OP Corporate Bank
1,500 Intesa Sanpaolo SpA 3.875 15/01/2019 1,500 0.13
PLC 0.375 11/10/2022 339 0.03
5,000 OP Corporate Bank 3,000 Intesa Sanpaolo SpA 3.125 14/07/2022 2,712 0.25
PLC 0.375 29/08/2023 5,595 0.51 6,403 0.58
11,880 1.08 Japan - 1.65%
France - 6.43% 288 Mitsubishi UFJ
Financial Group Inc 2.950 01/03/2021 284 0.03
2,200 Air Liquide Finance SA 0.500 13/06/2022 2,515 0.23
5,263 Mitsubishi UFJ
1,595 BNP Paribas SA 2.375 20/11/2019 2,051 0.19 Financial Group Inc 0.680 26/01/2023 5,938 0.54
3,000 BNP Paribas SA 0.500 01/06/2022 3,411 0.31 1,000 Mizuho Bank Ltd 2.700 20/10/2020 986 0.09
2,015 BNP Paribas SA 3.250 03/03/2023 1,966 0.18 3,000 Mizuho Financial
2,000 BPCE SA 2.750 02/12/2021 1,941 0.18 Group Inc 2.953 28/02/2022 2,922 0.27
2,500 BPCE SA 4.250 06/02/2023 3,266 0.30 1,025 MUFG Bank Ltd 2.350 08/09/2019 1,019 0.09
4,000 Credit Agricole SA 3.375 10/01/2022 3,901 0.35 1,928 Nomura Holdings Inc 6.700 04/03/2020 2,006 0.18
2,001 Sumitomo Mitsui
1,261 Danone SA 1.691 30/10/2019 1,242 0.11
Banking Corp 2.450 16/01/2020 1,981 0.18
13,000 Dexia Credit Local SA 0.875 07/09/2021 16,335 1.49 2,970 Sumitomo Mitsui
4,500 Dexia Credit Local SA 0.625 21/01/2022 5,202 0.47 Financial Group Inc 2.934 09/03/2021 2,934 0.27
500 Dexia Credit Local SA 0.250 02/06/2022 571 0.05 18,070 1.65
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 152
Global Short-Term Investment Grade Fixed Income Fund
Portfolio of Investments as at 30 November 2018 (continued)
% of Net % of Net
Face Value Coupon Maturity Value (000's) Asset Face Value Coupon Maturity Value (000's) Asset
(000's) Rate % Date USD Value (000's) Rate % Date USD Value
Corporate Bonds (continued) Corporate Bonds (continued)
Luxembourg - 2.02% Spain - 0.50%
1,598 Allergan Funding SCS 3.000 12/03/2020 1,588 0.15 1,600 Banco Santander SA 1.375 14/12/2022 1,863 0.17
2,000 Allergan Funding SCS 3.450 15/03/2022 1,958 0.18 3,000 Telefonica Emisiones
6,000 DH Europe Finance SAU 2.242 27/05/2022 3,596 0.33
SA 1.700 04/01/2022 7,066 0.64 5,459 0.50
10,000 European Financial
Supranational - 1.58%
Stability Facility 0.500 20/01/2023 11,561 1.05
5,000 Asian Development
22,173 2.02 Bank 0.200 25/05/2023 5,711 0.52
Netherlands - 6.93% 10,000 European Investment
Bank 3.500 14/01/2021 1,179 0.11
6,000 ABB Finance BV 0.625 03/05/2023 6,870 0.62
4,000 European Investment
2,685 Bank Nederlandse
Bank 1.625 15/03/2023 4,843 0.44
Gemeenten NV 1.125 24/05/2021 3,418 0.31
5,000 European Stability
1,425 Cooperatieve
Mechanism 0.100 31/07/2023 5,665 0.51
Rabobank UA 2.250 14/01/2020 1,410 0.13
2,000 Cooperatieve 17,398 1.58
Rabobank UA 2.750 10/01/2022 1,944 0.18 Sweden - 1.19%
2,000 Cooperatieve 3,000 Skandinaviska
Rabobank UA 2.375 22/05/2023 2,456 0.22 Enskilda Banken AB 0.500 13/03/2023 3,390 0.31
1,500 Daimler AG 2.750 04/12/2020 1,942 0.18 2,706 Svenska
1,736 Daimler AG 1.500 13/01/2022 2,167 0.20 Handelsbanken AB 0.250 28/02/2022 3,058 0.28
600 Daimler International 2,904 Swedbank AB 0.300 06/09/2022 3,275 0.30
Finance BV 3.500 06/06/2019 771 0.07 3,000 Swedbank AB 0.250 07/11/2022 3,374 0.30
5,000 Deutsche Telekom
International Finance 13,097 1.19
BV 6.500 08/04/2022 7,330 0.67 Switzerland - 1.29%
500 Deutsche Telekom 5,000 Credit Suisse AG 1.375 31/01/2022 5,833 0.53
International Finance 7,163 UBS Group Funding
BV 1.950 19/09/2021 477 0.04 Switzerland AG 1.750 16/11/2022 8,382 0.76
5,000 Enel Finance
International NV 2.875 25/05/2022 4,676 0.42 14,215 1.29
500 Enel Finance United Kingdom - 5.61%
International NV 5.000 14/09/2022 656 0.06 2,000 Aon PLC 2.800 15/03/2021 1,965 0.18
2,000 Iberdrola International
1,374 AstraZeneca PLC 2.375 16/11/2020 1,345 0.12
BV 1.125 27/01/2023 2,317 0.21
4,000 Barclays PLC 3.250 12/01/2021 3,909 0.36
3,800 ING Bank NV 2.750 22/03/2021 3,735 0.34
1,000 Barclays PLC 1.875 23/03/2021 1,153 0.10
4,500 ING Groep NV 0.750 09/03/2022 5,088 0.46
3,900 BAT International
3,000 Koninklijke Philips NV 0.500 06/09/2023 3,386 0.31 Finance PLC 3.625 09/11/2021 4,772 0.43
487 LyondellBasell 1,300 BP Capital Markets
Industries NV 5.000 15/04/2019 488 0.04 PLC 4.325 10/12/2018 1,657 0.15
1,000 Mondelez International 3,000 BP Capital Markets
Holdings Netherlands PLC 2.177 28/09/2021 3,582 0.33
BV 2.000 28/10/2021 952 0.09 3,000 BP Capital Markets
1,865 Mylan NV 3.750 15/12/2020 1,868 0.17 PLC 1.373 03/03/2022 3,508 0.32
1,600 Shell International 8,000 British
Finance BV 4.375 25/03/2020 1,624 0.15 Telecommunications
2,000 Shell International PLC 0.500 23/06/2022 8,968 0.82
Finance BV 2.125 11/05/2020 1,970 0.18 1,200 Coca-Cola European
3,000 Siemens Partners PLC 3.500 15/09/2020 1,199 0.11
Financieringsmaatscha 4,588 Coca-Cola European
ppij NV 1.700 15/09/2021 2,852 0.26 Partners PLC 0.750 24/02/2022 5,257 0.48
4,000 Siemens 1,000 Diageo Capital PLC 4.828 15/07/2020 1,024 0.09
Financieringsmaatscha
ppij NV 0.375 06/09/2023 4,529 0.41 1,500 FCE Bank PLC 2.759 13/11/2019 1,920 0.17
4,750 Toyota Motor Finance 1,200 Lloyds Bank PLC 2.700 17/08/2020 1,184 0.11
Netherlands BV 0.625 26/09/2023 5,376 0.49 1,000 Lloyds Banking Group
PLC 3.000 11/01/2022 963 0.09
2,000 Unilever NV 0.000 31/07/2021 2,259 0.21
5,000 Nationwide Building
830 Unilever NV 0.500 03/02/2022 949 0.09 Society 0.625 19/04/2023 5,597 0.51
1,000 Volkswagen Financial
2,000 Rolls-Royce PLC 2.375 14/10/2020 1,955 0.18
Services NV 2.625 22/07/2019 1,281 0.12
6,579 Royal Bank of
3,000 Volkswagen
International Finance Scotland Group PLC 2.500 22/03/2023 7,558 0.69
NV 0.875 16/01/2023 3,326 0.30 2,500 Sky PLC 2.875 24/11/2020 3,264 0.30
76,117 6.93 700 Vodafone Group PLC 1.750 25/08/2023 826 0.07
New Zealand - 0.06% 61,606 5.61
600 ASB Finance Ltd 0.500 10/06/2022 677 0.06 United States - 45.22%
677 0.06 3,000 AbbVie Inc 2.500 14/05/2020 2,957 0.27
2,112 Aetna Inc 4.125 01/06/2021 2,129 0.19
Singapore - 0.28%
600 Agilent Technologies
2,000 Flex Ltd 5.000 15/02/2023 1,984 0.18 Inc 5.000 15/07/2020 615 0.06
1,500 Temasek Financial I
1,825 Airgas Inc 2.375 15/02/2020 1,805 0.16
Ltd 3.265 19/02/2020 1,107 0.10
2,906 Allergan Finance LLC 3.250 01/10/2022 2,815 0.26
3,091 0.28
2,000 Altria Group Inc 4.750 05/05/2021 2,041 0.19
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 153
Global Short-Term Investment Grade Fixed Income Fund
Portfolio of Investments as at 30 November 2018 (continued)
% of Net % of Net
Face Value Coupon Maturity Value (000's) Asset Face Value Coupon Maturity Value (000's) Asset
(000's) Rate % Date USD Value (000's) Rate % Date USD Value
Corporate Bonds (continued) Corporate Bonds (continued)
United States - 45.22% (continued) United States - 45.22% (continued)
700 American Express 3,000 Cisco Systems Inc 1.850 20/09/2021 2,884 0.26
Credit Corp 2.250 15/08/2019 696 0.06
2,000 Citigroup Inc 2.400 18/02/2020 1,978 0.18
3,000 American Express
Credit Corp 2.200 03/03/2020 2,958 0.27 1,150 Citigroup Inc 1.375 27/10/2021 1,339 0.12
8,000 American Honda 1,714 Citigroup Inc 0.750 26/10/2023 1,905 0.17
Finance Corp 1.375 10/11/2022 9,365 0.85 3,000 Citizens Bank NA 2.450 04/12/2019 2,975 0.27
500 American International 500 Citizens Bank NA 2.550 13/05/2021 486 0.04
Group Inc 2.300 16/07/2019 497 0.05
2,810 American International 1,000 Citizens Bank NA 2.650 26/05/2022 963 0.09
Group Inc 3.375 15/08/2020 2,803 0.26 3,560 Coca-Cola Co 1.875 27/10/2020 3,479 0.32
1,100 American International 2,000 Consolidated Edison
Group Inc 5.000 26/04/2023 1,556 0.14 Inc 2.000 15/05/2021 1,933 0.18
2,722 Amgen 1.250 25/02/2022 3,149 0.29 1,000 Corning Inc 4.250 15/08/2020 1,018 0.09
2,000 Amgen Inc 3.875 15/11/2021 2,017 0.18 1,000 Costco Wholesale
Corp 1.700 15/12/2019 987 0.09
1,000 Anthem Inc 2.250 15/08/2019 994 0.09
650 CVS Health Corp 2.250 05/12/2018 650 0.06
1,724 Apache Corp 2.625 15/01/2023 1,625 0.15
1,700 CVS Health Corp 2.800 20/07/2020 1,678 0.15
3,000 Apple Inc 2.250 23/02/2021 2,942 0.27
1,200 CVS Health Corp 4.125 15/05/2021 1,211 0.11
5,000 Apple Inc 2.100 12/09/2022 4,773 0.43
3,017 CVS Health Corp 3.500 20/07/2022 2,979 0.27
2,000 Applied Materials Inc 2.625 01/10/2020 1,973 0.18 2,400 Daimler Finance North
500 Archer-Daniels- America LLC 2.300 06/01/2020 2,369 0.22
Midland Co 1.750 23/06/2023 597 0.05 2,000 Daimler Finance North
2,885 Arizona Public Service America LLC 2.850 06/01/2022 1,940 0.18
Co 2.200 15/01/2020 2,853 0.26 1,000 Discovery
1,000 Associated Banc-Corp 2.750 15/11/2019 995 0.09 Communications LLC 2.750 15/11/2019 993 0.09
1,000 Assurant Inc 4.000 15/03/2023 995 0.09 3,000 Discovery
2,000 AT&T Inc 2.450 30/06/2020 1,972 0.18 Communications LLC 3.300 15/05/2022 2,934 0.27
4,000 AT&T Inc 4.600 15/02/2021 4,068 0.37 4,300 Dollar Tree Inc 3.700 15/05/2023 4,193 0.38
2,000 Dominion Energy Gas
3,000 AT&T Inc 2.500 15/03/2023 3,607 0.33
Holdings LLC 2.800 15/11/2020 1,968 0.18
1,773 Baker Hughes a GE
Co LLC 3.200 15/08/2021 1,734 0.16 1,000 Dover Corp 4.300 01/03/2021 1,019 0.09
E*TRADE Financial
1,300 Bank of America Corp 5.500 04/12/2019 1,723 0.16
2,999 Corp 2.950 24/08/2022 2,894 0.26
1,000 Bank of America Corp 2.625 19/10/2020 985 0.09
1,358 Eastman Chemical Co 2.700 15/01/2020 1,350 0.12
3,300 Bank of America Corp 1.625 14/09/2022 3,863 0.35
850 eBay Inc 2.200 01/08/2019 845 0.08
3,000 Baxter International Inc 1.700 15/08/2021 2,865 0.26
2,415 eBay Inc 2.875 01/08/2021 2,367 0.22
6,181 Bayer US Finance LLC 2.375 08/10/2019 6,127 0.56
1,500 Ecolab Inc 4.350 08/12/2021 1,534 0.14
2,500 BB&T Corp 2.450 15/01/2020 2,478 0.23
2,000 Electronic Arts Inc 3.700 01/03/2021 2,010 0.18
290 BB&T Corp 2.625 29/06/2020 287 0.03
4,000 EMD Finance LLC 2.950 19/03/2022 3,904 0.36
3,000 Becton Dickinson and
1,800 Enterprise Products
Co 3.125 08/11/2021 2,957 0.27
Operating LLC 5.200 01/09/2020 1,849 0.17
800 Berkshire Hathaway
Finance Corp 2.900 15/10/2020 800 0.07 3,000 Equifax Inc 3.950 15/06/2023 2,976 0.27
1,463 Best Buy Co Inc 5.500 15/03/2021 1,520 0.14 1,400 Exelon Corp 5.150 01/12/2020 1,431 0.13
1,000 Exelon Generation Co
1,500 Biogen Inc 2.900 15/09/2020 1,483 0.13
LLC 5.200 01/10/2019 1,016 0.09
5,000 BMW US Capital LLC 2.000 11/04/2021 4,816 0.44 1,000 Express Scripts
3,000 BMW US Capital LLC 0.625 20/04/2022 3,409 0.31 Holding Co 2.250 15/06/2019 996 0.09
4,575 Booking Holdings Inc 0.800 10/03/2022 5,232 0.48 1,000 Express Scripts
Holding Co 3.300 25/02/2021 993 0.09
1,000 Boston Scientific Corp 6.000 15/01/2020 1,027 0.09
2,500 Express Scripts
5,180 Broadcom Corp /
Holding Co 3.900 15/02/2022 2,504 0.23
Broadcom Cayman
Finance Ltd 2.650 15/01/2023 4,840 0.44 1,323 FedEx Corp 2.300 01/02/2020 1,310 0.12
3,000 Bunge Ltd Finance 3,000 FedEx Corp 1.000 11/01/2023 3,435 0.31
Corp 3.000 25/09/2022 2,878 0.26 1,200 Fifth Third Bank 2.375 25/04/2019 1,197 0.11
1,050 Burlington Northern
3,000 Fiserv Inc 2.700 01/06/2020 2,960 0.27
Santa Fe LLC 4.700 01/10/2019 1,064 0.10
7,000 Fluor Corp 1.750 21/03/2023 8,162 0.74
1,000 Campbell Soup Co 4.250 15/04/2021 1,009 0.09
3,000 Ford Motor Credit Co
800 Capital One Bank USA
LLC 3.157 04/08/2020 2,935 0.27
NA 2.300 05/06/2019 797 0.07
705 Ford Motor Credit Co
420 Capital One Financial
LLC 3.200 15/01/2021 683 0.06
Corp 4.750 15/07/2021 430 0.04
1,194 Ford Motor Credit Co
1,000 Caterpillar Financial
LLC 3.219 09/01/2022 1,125 0.10
Services Corp 2.000 05/03/2020 986 0.09
3,000 Fortune Brands Home
3,000 Caterpillar Financial
& Security Inc 3.000 15/06/2020 2,958 0.27
Services Corp 1.700 09/08/2021 2,870 0.26
8,000 General Electric Co 0.375 17/05/2022 8,443 0.77
2,250 CBS Corp 2.300 15/08/2019 2,236 0.20
2,533 General Mills Inc 3.150 15/12/2021 2,486 0.23
973 CBS Corp 2.500 15/02/2023 915 0.08
2,000 General Mills Inc 1.000 27/04/2023 2,292 0.21
1,625 Celgene Corp 2.750 15/02/2023 1,543 0.14
2,500 General Motors
1,500 Chubb INA Holdings
Financial Co Inc 3.150 15/01/2020 2,484 0.23
Inc 2.300 03/11/2020 1,471 0.13
1,250 General Motors
2,000 Cigna Corp 4.000 15/02/2022 2,015 0.18 Financial Co Inc 3.450 14/01/2022 1,206 0.11
3,000 Cisco Systems Inc 2.200 28/02/2021 2,931 0.27
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 154
Global Short-Term Investment Grade Fixed Income Fund
Portfolio of Investments as at 30 November 2018 (continued)
% of Net % of Net
Face Value Coupon Maturity Value (000's) Asset Face Value Coupon Maturity Value (000's) Asset
(000's) Rate % Date USD Value (000's) Rate % Date USD Value
Corporate Bonds (continued) Corporate Bonds (continued)
United States - 45.22% (continued) United States - 45.22% (continued)
4,000 General Motors 1,500 Morgan Stanley 2.500 21/04/2021 1,459 0.13
Financial Co Inc 3.250 05/01/2023 3,767 0.34
3,000 Morgan Stanley 1.875 30/03/2023 3,526 0.32
500 Georgia-Pacific LLC 5.400 01/11/2020 516 0.05
2,750 Mosaic Co 3.750 15/11/2021 2,747 0.25
750 Gilead Sciences Inc 2.050 01/04/2019 748 0.07
1,500 Nasdaq Inc 1.750 19/05/2023 1,766 0.16
1,500 Gilead Sciences Inc 4.500 01/04/2021 1,536 0.14 2,000 National Oilwell Varco
401 Goldman Sachs Group Inc 2.600 01/12/2022 1,886 0.17
Inc 6.000 15/06/2020 415 0.04 3,000 NBCUniversal Media
1,000 Goldman Sachs Group LLC 4.375 01/04/2021 3,061 0.28
Inc 2.625 25/04/2021 974 0.09 2,100 NextEra Energy
2,000 Goldman Sachs Group Capital Holdings Inc 2.400 15/09/2019 2,084 0.19
Inc 5.250 27/07/2021 2,065 0.19 6,000 Nissan Motor
1,120 Harley-Davidson Acceptance Corp 2.550 08/03/2021 5,820 0.53
Financial Services Inc 2.150 26/02/2020 1,102 0.10
2,000 Nordstrom Inc 4.750 01/05/2020 2,036 0.19
1,000 Harley-Davidson
Financial Services Inc 2.400 15/06/2020 980 0.09 450 ONEOK Inc 4.250 01/02/2022 451 0.04
700 Harley-Davidson 6,000 Oracle Corp 1.900 15/09/2021 5,776 0.53
Financial Services Inc 2.850 15/01/2021 688 0.06 3,200 Penske Truck Leasing
750 Harley-Davidson Co LP 3.375 01/02/2022 3,146 0.29
Financial Services Inc 2.550 09/06/2022 716 0.07 2,760 PepsiCo Inc 2.250 02/05/2022 2,672 0.24
2,704 Hewlett Packard 2,000 Pfizer Inc 0.250 06/03/2022 2,268 0.21
Enterprise Co 3.600 15/10/2020 2,703 0.25 1,800 Philip Morris
6,000 Honeywell International Inc 2.900 15/11/2021 1,767 0.16
International Inc 1.300 22/02/2023 7,032 0.64
1,200 PNC Bank NA 2.400 18/10/2019 1,193 0.11
2,000 HSBC USA Inc 2.375 13/11/2019 1,984 0.18
1,680 PNC Bank NA 2.550 09/12/2021 1,633 0.15
1,300 Humana Inc 2.625 01/10/2019 1,296 0.12
2,000 Huntington 2,000 Procter & Gamble Co 1.850 02/02/2021 1,949 0.18
Bancshares Inc 2.300 14/01/2022 1,912 0.17 3,000 Procter & Gamble Co 2.000 16/08/2022 3,619 0.33
2,260 Illinois Tool Works Inc 1.250 22/05/2023 2,652 0.24 1,709 Progressive Corp 3.750 23/08/2021 1,725 0.16
1,000 Intercontinental 1,000 Prudential Financial
Exchange Inc 2.750 01/12/2020 989 0.09 Inc 2.350 15/08/2019 994 0.09
200 International Business 3,000 Prudential Financial
Machines Corp 1.625 15/05/2020 195 0.02 Inc 5.375 21/06/2020 3,088 0.28
3,060 International Business 1,000 Prudential Financial
Machines Corp 2.750 21/12/2020 3,995 0.36 Inc 4.500 16/11/2021 1,026 0.09
3,178 John Deere Capital 3,000 QUALCOMM Inc 2.250 20/05/2020 2,955 0.27
Corp 2.550 08/01/2021 3,132 0.28 3,000 QUALCOMM Inc 2.600 30/01/2023 2,856 0.26
2,000 JPMorgan Chase & Co 2.750 23/06/2020 1,984 0.18 1,000 Ryder System Inc 3.450 15/11/2021 995 0.09
1,000 JPMorgan Chase & Co 2.550 29/10/2020 983 0.09 3,000 Ryder System Inc 3.400 01/03/2023 2,957 0.27
1,000 JPMorgan Chase & Co 4.350 15/08/2021 1,016 0.09 4,000 Santander Holdings
2,500 JPMorgan Chase & Co 2.750 24/08/2022 3,060 0.28 USA Inc 3.700 28/03/2022 3,909 0.36
850 Kellogg Co 1.750 24/05/2021 995 0.09 3,500 Santander Holdings
USA Inc 3.400 18/01/2023 3,319 0.30
6,050 Kellogg Co 0.800 17/11/2022 6,890 0.63
2,850 SCANA Corp 6.250 01/04/2020 2,923 0.27
3,000 KeyBank NA 2.500 15/12/2019 2,978 0.27
2,200 Sempra Energy 2.850 15/11/2020 2,167 0.20
9,000 Kraft Heinz Foods Co 4.000 15/06/2023 8,916 0.81
2,000 Laboratory Corp of 800 Southern Power Co 2.375 01/06/2020 786 0.07
America Holdings 2.625 01/02/2020 1,985 0.18 4,800 Southern Power Co 1.000 20/06/2022 5,510 0.50
2,200 Lam Research Corp 2.750 15/03/2020 2,181 0.20 2,865 Southwest Airlines Co 2.650 05/11/2020 2,827 0.26
2,000 Legg Mason Inc 2.700 15/07/2019 1,994 0.18 1,986 State Street Corp 1.950 19/05/2021 1,915 0.17
1,347 Liberty Mutual Group 1,200 Sunoco Logistics
Inc 5.000 01/06/2021 1,376 0.13 Partners Operations
3,000 Liberty Mutual Group LP 4.400 01/04/2021 1,208 0.11
Inc 4.950 01/05/2022 3,063 0.28 2,300 SunTrust Banks Inc 2.900 03/03/2021 2,268 0.21
1,700 Manufacturers & 3,500 Sysco Corp 2.600 01/10/2020 3,450 0.31
Traders Trust Co 2.100 06/02/2020 1,677 0.15
1,600 Target Corp 2.900 15/01/2022 1,587 0.14
800 Marriott International
Inc 3.000 01/03/2019 799 0.07 674 TD Ameritrade Holding
2,068 Marriott International Corp 2.950 01/04/2022 661 0.06
3,000 Thermo Fisher
Inc 2.875 01/03/2021 2,029 0.18
Scientific Inc 2.150 21/07/2022 3,578 0.33
2,200 Marsh & McLennan
Cos Inc 2.350 06/03/2020 2,173 0.20 600 Time Warner Inc 4.700 15/01/2021 612 0.06
3,000 McDonald's Corp 3.625 20/05/2021 3,018 0.27 975 TJX Cos Inc 2.750 15/06/2021 960 0.09
3,325 Toyota Motor Credit
1,500 McDonald's Corp 2.000 01/06/2023 1,794 0.16
Corp 4.250 11/01/2021 3,396 0.31
1,300 Mead Johnson
Nutrition Co 3.000 15/11/2020 1,292 0.12 1,000 Travelers Cos Inc 3.900 01/11/2020 1,012 0.09
2,000 Medtronic Inc 4.125 15/03/2021 2,031 0.18 900 Tyson Foods Inc 2.650 15/08/2019 895 0.08
1,500 MetLife Inc 5.250 29/06/2020 2,015 0.18 700 Union Pacific Corp 2.250 15/02/2019 699 0.06
2,000 Microsoft Corp 3.000 01/10/2020 2,001 0.18 1,500 Union Pacific Corp 4.000 01/02/2021 1,517 0.14
2,200 United Technologies
469 Microsoft Corp 2.125 06/12/2021 562 0.05
Corp 4.500 15/04/2020 2,232 0.20
2,000 Molson Coors Brewing
1,800 UnitedHealth Group
Co 2.250 15/03/2020 1,966 0.18
Inc 2.300 15/12/2019 1,788 0.16
3,019 Mondelez International
4,000 UnitedHealth Group
Inc 2.375 26/01/2021 3,579 0.33
Inc 2.375 15/10/2022 3,837 0.35
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 155
Global Short-Term Investment Grade Fixed Income Fund
Portfolio of Investments as at 30 November 2018 (continued)
% of Net % of Net
Face Value Coupon Maturity Value (000's) Asset Face Value Coupon Maturity Value (000's) Asset
(000's) Rate % Date USD Value (000's) Rate % Date USD Value
Corporate Bonds (continued) Government Bonds (continued)
United States - 45.22% (continued) Ireland - 0.72%
3,000 US Bancorp 2.625 24/01/2022 2,929 0.27 7,000 Ireland Government
1,000 Verizon Bond 0.000 18/10/2022 7,947 0.72
Communications Inc 3.500 01/11/2021 1,001 0.09 7,947 0.72
2,500 Verizon
Italy - 0.76%
Communications Inc 2.375 17/02/2022 3,006 0.27
6,000 Italy Buoni Poliennali
1,000 VF Corp 3.500 01/09/2021 1,001 0.09 Del Tesoro 1.200 01/04/2022 6,662 0.61
1,078 Viacom Inc 2.750 15/12/2019 1,073 0.10 1,500 Italy Buoni Poliennali
2,665 Visa Inc 2.200 14/12/2020 2,618 0.24 Del Tesoro 1.450 15/09/2022 1,666 0.15
1,000 Volkswagen Group of 8,328 0.76
America Finance LLC 2.450 20/11/2019 991 0.09
Japan - 0.29%
18 Walgreen Co 5.250 15/01/2019 18 – 2,000 Japan Bank for
1,700 Walgreens Boots International
Alliance Inc 2.700 18/11/2019 1,687 0.15 Cooperation 1.750 28/05/2020 1,963 0.18
3,000 Waste Management 900 Japan Finance
Inc 4.600 01/03/2021 3,069 0.28 Organization for
2,000 Wells Fargo & Co 2.550 07/12/2020 1,958 0.18 Municipalities 5.750 09/08/2019 1,182 0.11
1,600 Wells Fargo & Co 2.500 04/03/2021 1,559 0.14 3,145 0.29
2,600 Wells Fargo & Co 1.375 30/06/2022 3,223 0.29 Norway - 0.71%
2,000 WestRock RKT Co 3.500 01/03/2020 1,996 0.18 65,000 Norway Government
3,956 Wyndham Worldwide Bond 2.000 24/05/2023 7,759 0.71
Corp 4.250 01/03/2022 3,827 0.35
7,759 0.71
2,100 Xcel Energy Inc 2.400 15/03/2021 2,056 0.19
Singapore - 0.53%
1,275 Xerox Corp 4.070 17/03/2022 1,213 0.11
3,000 Singapore Government
700 Xilinx Inc 2.125 15/03/2019 698 0.06 Bond 2.250 01/06/2021 2,200 0.20
670 ZF North America 5,000 Singapore Government
Capital Inc 4.500 29/04/2022 667 0.06 Bond 1.250 01/10/2021 3,568 0.33
900 ZF North America
Capital Inc 2.750 27/04/2023 1,064 0.10 5,768 0.53
535 Zimmer Biomet Spain - 0.37%
Holdings Inc 2.700 01/04/2020 528 0.05 3,500 Spain Government
496,761 45.22 Bond 0.750 30/07/2021 4,049 0.37
Total Corporate Bonds - 84.51% (30 November 2017: 81.33%) 928,408 84.51 4,049 0.37
Sweden - 4.57%
90,000 Kommuninvest I
Government Bonds
Sverige AB 2.500 01/12/2020 10,378 0.94
Austria - 2.49% 75,000 Kommuninvest I
7,000 Republic of Austria Sverige AB 1.000 15/09/2021 8,438 0.77
Government Bond 0.000 20/09/2022 8,009 0.73 35,000 Kommuninvest I
17,000 Republic of Austria Sverige AB 0.250 01/06/2022 3,838 0.35
Government Bond 0.000 15/07/2023 19,372 1.76 85,000 Kommuninvest I
27,381 2.49 Sverige AB 0.750 22/02/2023 9,464 0.86
146,000 Sweden Government
Canada - 2.02%
Bond 3.500 01/06/2022 18,141 1.65
2,000 Province of Alberta
Canada 1.750 26/08/2020 1,957 0.18 50,259 4.57
11,000 Province of Alberta United States - 0.92%
Canada 2.200 26/07/2022 10,627 0.97 2,000 Federal National
10,000 Province of Manitoba Mortgage Association 2.000 05/10/2022 1,934 0.18
Canada 2.100 06/09/2022 9,596 0.87 1,500 United States Treasury
22,180 2.02 Note 2.000 31/07/2020 1,480 0.13
3,000 United States Treasury
France - 0.19% Note 1.125 30/04/2020 2,932 0.27
1,000 Agence Francaise de 4,000 United States Treasury
Developpement 0.125 30/04/2022 1,138 0.10 Note 1.625 31/05/2023 3,794 0.34
800 UNEDIC ASSEO 2.250 05/04/2023 994 0.09
10,140 0.92
2,132 0.19 Total Government Bonds - 13.93% (30 November 2017:
Germany - 0.36% 16.02%) 153,056 13.93
3,500 State of North Rhine- Total Investments - 98.44% (30 November 2017: 97.35%) 1,081,464 98.44
Westphalia Germany 0.000 05/12/2022 3,968 0.36
3,968 0.36
Forward Currency Contracts
Unrealised
Appreciation/(Depreciation) % of Net
of Contracts (000's) Asset
Buy Amount (000's) Sell Amount (000's) Counterparty Maturity Date USD Value
Buy 7,849 CHF Sell 7,799 USD State Street Bank 17/12/2018 68 0.01
Buy 7,797 CHF Sell 7,763 USD State Street Bank 18/12/2018 53 -
Buy 99,717 EUR Sell 113,634 USD Bank of America Merrill Lynch 03/12/2018 (744) (0.07)
Buy 79,719 EUR Sell 90,585 USD Barclays Bank 18/12/2018 (215) (0.02)
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 156
Global Short-Term Investment Grade Fixed Income Fund
Portfolio of Investments as at 30 November 2018 (continued)
Forward Currency Contracts (continued)
Unrealised
Appreciation/(Depreciation) % of Net
of Contracts (000's) Asset
Buy Amount (000's) Sell Amount (000's) Counterparty Maturity Date USD Value
Buy 81,129 EUR Sell 91,888 USD Barclays Bank 21/12/2018 112 0.01
Buy 62 EUR Sell 70 USD State Street Bank 03/12/2018 - -
Buy 86 EUR Sell 98 USD State Street Bank 18/12/2018 - -
Buy 381 EUR Sell 433 USD State Street Bank 18/12/2018 (1) -
Buy 203 EUR Sell 231 USD State Street Bank 21/12/2018 (1) -
Buy 81,165 EUR Sell 91,933 USD State Street Bank 04/01/2019 253 0.02
Buy 80,122 EUR Sell 90,760 USD State Street Bank 04/01/2019 241 0.02
Buy 18 EUR Sell 21 USD State Street Bank 04/01/2019 - -
Buy 204 EUR Sell 233 USD State Street Bank 04/01/2019 (1) -
Buy 143 GBP Sell 187 USD Barclays Bank 12/10/2018 (4) -
Buy 82,270 GBP Sell 107,956 USD Barclays Bank 17/12/2018 (3,047) (0.28)
Buy 82,519 GBP Sell 107,572 USD Barclays Bank 18/12/2018 (2,338) (0.21)
Buy 94,509 GBP Sell 122,783 USD Barclays Bank 21/12/2018 (2,233) (0.20)
Buy 82,887 GBP Sell 107,688 USD Barclays Bank 21/12/2018 (1,963) (0.18)
Buy 82,699 GBP Sell 107,579 USD National Australia Bank 12/12/2018 (2,160) (0.21)
Buy 125 GBP Sell 160 USD State Street Bank 12/10/2018 - -
Buy 95,121 GBP Sell 122,951 USD State Street Bank 12/10/2018 (1,713) (0.16)
Buy 60 GBP Sell 77 USD State Street Bank 04/12/2018 - -
Buy 272 GBP Sell 347 USD State Street Bank 12/12/2018 - -
Buy 698 GBP Sell 896 USD State Street Bank 12/12/2018 (6) -
Buy 1,735 GBP Sell 2,250 USD State Street Bank 17/12/2018 (37) -
Buy 1,460 GBP Sell 1,876 USD State Street Bank 18/12/2018 (14) -
Buy 954 GBP Sell 1,224 USD State Street Bank 21/12/2018 (8) -
Buy 711 GBP Sell 915 USD State Street Bank 21/12/2018 (8) -
Buy 258 GBP Sell 332 USD State Street Bank 23/01/2019 (2) -
Buy 386,943 JPY Sell 3,403 USD State Street Bank 17/12/2018 9 -
Buy 398,602 JPY Sell 3,508 USD State Street Bank 21/12/2018 9 -
Buy 26 NZD Sell 17 USD State Street Bank 03/12/2018 1 -
Buy 65,811 SEK Sell 7,264 USD Citibank 12/12/2018 (31) -
Buy 66,094 SEK Sell 7,319 USD State Street Bank 12/10/2018 (56) (0.01)
Buy 843 SEK Sell 94 USD State Street Bank 12/12/2018 (1) -
Buy 10,068 SGD Sell 7,303 USD State Street Bank 12/10/2018 36 -
Buy 8,505 SGD Sell 6,148 USD State Street Bank 04/12/2018 51 -
Buy 8,737 SGD Sell 6,312 USD State Street Bank 05/12/2018 57 0.01
Buy 2,718 SGD Sell 1,981 USD State Street Bank 27/12/2018 1 -
Buy 122 SGD Sell 89 USD State Street Bank 27/12/2018 - -
Buy 14,675 USD Sell 19,168 CAD State Street Bank 22/01/2019 229 0.02
Buy 113,711 USD Sell 99,495 EUR Bank of America Merrill Lynch 02/01/2019 731 0.07
Buy 10,831 USD Sell 9,381 EUR Bank of America Merrill Lynch 03/01/2019 177 0.02
Buy 16,467 USD Sell 14,240 EUR Bank of America Merrill Lynch 01/11/2019 285 0.03
Buy 5,328 USD Sell 4,642 EUR Barclays Bank 03/01/2019 57 0.01
Buy 5,469 USD Sell 4,762 EUR Barclays Bank 01/11/2019 57 0.01
Buy 119,614 USD Sell 103,369 EUR Citibank 23/01/2019 2,025 0.18
Buy 8,897 USD Sell 7,758 EUR Citibank 01/11/2019 80 0.01
Buy 116,109 USD Sell 99,728 EUR State Street Bank 03/12/2018 3,206 0.29
Buy 241 USD Sell 211 EUR State Street Bank 04/12/2018 1 -
Buy 28 USD Sell 25 EUR State Street Bank 18/12/2018 - -
Buy 110 USD Sell 97 EUR State Street Bank 21/12/2018 1 -
Buy 44 USD Sell 39 EUR State Street Bank 21/12/2018 - -
Buy 9,250 USD Sell 7,982 EUR State Street Bank 03/01/2019 185 0.02
Buy 111,288 USD Sell 96,815 EUR State Street Bank 15/01/2019 1,229 0.11
Buy 6,180 USD Sell 5,356 EUR State Street Bank 01/11/2019 94 0.01
Buy 77,256 USD Sell 59,962 GBP Citibank 23/01/2019 627 0.06
Buy 209 USD Sell 162 GBP State Street Bank 12/10/2018 3 -
Buy 610 USD Sell 475 GBP State Street Bank 03/12/2018 4 -
Buy 613 USD Sell 480 GBP State Street Bank 04/12/2018 2 -
Buy 3 USD Sell 2 GBP State Street Bank 21/12/2018 - -
Buy 88 USD Sell 10,000 JPY State Street Bank 21/12/2018 - -
Buy 8,058 USD Sell 67,121 NOK State Street Bank 01/10/2019 234 0.02
Buy 17 USD Sell 26 NZD State Street Bank 03/12/2018 (1) -
Buy 1 USD Sell 11 SEK State Street Bank 12/10/2018 - -
Buy 154 USD Sell 1,396 SEK State Street Bank 12/12/2018 - -
Buy 52,713 USD Sell 471,700 SEK State Street Bank 23/01/2019 640 0.06
Buy 9,106 USD Sell 12,525 SGD State Street Bank 12/10/2018 (24) -
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 157
Global Short-Term Investment Grade Fixed Income Fund
Portfolio of Investments as at 30 November 2018 (continued)
Forward Currency Contracts (continued)
Unrealised
Appreciation/(Depreciation) % of Net
of Contracts (000's) Asset
Buy Amount (000's) Sell Amount (000's) Counterparty Maturity Date USD Value
Buy 235 USD Sell 323 SGD State Street Bank 03/12/2018 - -
Buy 89 USD Sell 122 SGD State Street Bank 04/12/2018 - -
Buy 37 USD Sell 51 SGD State Street Bank 05/12/2018 - -
Buy 5,108 USD Sell 7,007 SGD State Street Bank 22/02/2019 (9) -
Unrealised Appreciation of Forward Currency Contracts 10,758 0.99
Unrealised Depreciation of Forward Currency Contracts (14,617) (1.34)
Net Unrealised Depreciation of Forward Currency Contracts - (0.35)% (30 November 2017: (0.63)%) (3,859) (0.35)
% of
Net
Value (000's) Asset
USD Value
Cash and Cash Equivalents - 1.37% (30 November 2017: 1.57%) 15,048 1.37
Other Assets in Excess of Other Liabilities - 0.54% (30 November 2017: 0.45%) 5,944 0.54
Total Net Assets 1,098,597 100.00
Amounts designated as “-“ are either $0 or less than $500
Analysis of Total Assets (unaudited) % of Total Assets
Transferable securities admitted to an official exchange listing 88.17
Transferable securities dealt in on another regulated market 7.03
Other transferable securities of the type referred to in Regulation 68 (1) (a), (b) and (c) 0.97
OTC Financial derivative instruments 0.96
Current Assets 2.87
Total Assets 100.00
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 158
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock Common Stock (continued)
Australia - 2.25% Australia - 2.25% (continued)
8 3P Learning Ltd 7 – 34 CSR Ltd 75 0.01
15 A2B Australia Ltd 23 0.01 9 CuDeco Ltd 1 –
27 Accent Group Ltd 26 – 23 Data#3 Ltd 26 –
16 Adairs Ltd 21 0.01 22 Decmil Group Ltd 11 –
31 Adelaide Brighton Ltd 116 0.02 20 Domain Holdings Australia Ltd 36 0.01
14 Ainsworth Game Technology Ltd 8 – 11 Dongfang Modern Agriculture Holding Group Ltd 7 –
33 ALS Ltd 174 0.03 84 Doray Minerals Ltd 19 –
8 Altium Ltd 134 0.03 40 Downer EDI Ltd 185 0.04
33 AMA Group Ltd 25 0.01 26 DuluxGroup Ltd 132 0.03
27 Amaysim Australia Ltd 22 0.01 30 Eclipx Group Ltd 55 0.01
10 Ansell Ltd 163 0.03 8 Elders Ltd 38 0.01
11 AP Eagers Ltd 56 0.01 10 EML Payments Ltd 11 –
7 Appen Ltd 76 0.01 10 Energy Resources of Australia Ltd 2 –
4 ARB Corp Ltd 47 0.01 50 Energy World Corp Ltd 5 –
35 Ardent Leisure Group Ltd 38 0.01 2 EQT Holdings Ltd 28 0.01
12 ARQ Group Ltd 19 – 12 ERM Power Ltd 15 –
41 Asaleo Care Ltd 19 – 22 Estia Health Ltd 34 0.01
7 AUB Group Ltd 60 0.01 7 Event Hospitality and Entertainment Ltd 69 0.01
67 Aurelia Metals Ltd 35 0.01 525 FAR Ltd 27 0.01
42 Ausdrill Ltd 44 0.01 5 Fleetwood Corp Ltd 7 –
31 Austal Ltd 42 0.01 27 FlexiGroup Ltd 30 0.01
48 Austin Engineering Ltd 8 – 3 Freedom Foods Group Ltd 13 –
39 Australian Agricultural Co Ltd 34 0.01 25 G8 Education Ltd 51 0.01
17 Australian Finance Group Ltd 17 – 28 Galaxy Resources Ltd 56 0.01
38 Australian Pharmaceutical Industries Ltd 41 0.01 53 Gascoyne Resources Ltd 4 –
3 Auswide Bank Ltd 11 – 6 GBST Holdings Ltd 8 –
22 Automotive Holdings Group Ltd 26 0.01 21 Genworth Mortgage Insurance Australia Ltd 34 0.01
36 Aveo Group 45 0.01 63 Gold Road Resources Ltd 29 0.01
28 Bank of Queensland Ltd 205 0.04 17 GrainCorp Ltd 91 0.02
24 Bapcor Ltd 109 0.02 10 Greencross Ltd 41 0.01
94 Base Resources Ltd 16 – 15 GTN Ltd 21 0.01
111 Beach Energy Ltd 125 0.02 6 GUD Holdings Ltd 54 0.01
70 Beadell Resources Ltd 2 – 15 GWA Group Ltd 29 0.01
12 Bega Cheese Ltd 51 0.01 16 Hansen Technologies Ltd 41 0.01
4 Bellamy's Australia Ltd 22 – 42 Harvey Norman Holdings Ltd 98 0.02
33 Bingo Industries Ltd 54 0.01 34 Healius Ltd 67 0.01
1 Blackmores Ltd 84 0.02 141 Healthscope Ltd 234 0.04
4 Blue Sky Alternative Investments Ltd 3 – 4 Helloworld Travel Ltd 15 –
18 Bravura Solutions Ltd 50 0.01 25 HT&E Ltd 33 0.01
8 Breville Group Ltd 66 0.01 2 HUB24 Ltd 23 0.01
6 Brickworks Ltd 71 0.01 3 Huon Aquaculture Group Ltd 11 –
6 BWX Ltd 14 – 10 IDP Education Ltd 67 0.01
60 Capitol Health Ltd 12 – 30 Iluka Resources Ltd 177 0.03
17 Cardno Ltd 14 – 38 Imdex Ltd 32 0.01
34 Carnarvon Petroleum Ltd 8 – 21 IMF Bentham Ltd 46 0.01
15 carsales.com Ltd 131 0.02 38 Independence Group NL 105 0.02
38 Cash Converters International Ltd 7 – 108 Infigen Energy 37 0.01
7 Cedar Woods Properties Ltd 27 0.01 36 Infomedia Ltd 31 0.01
3 Charter Hall Office – – 20 Inghams Group Ltd 65 0.01
5 Citadel Group Ltd 26 – 12 Integral Diagnostics Ltd 25 0.01
160 Cleanaway Waste Management Ltd 199 0.04 8 Integrated Research Ltd 11 –
3 Clinuvel Pharmaceuticals Ltd 38 0.01 6 InvoCare Ltd 51 0.01
19 Clover Corp Ltd 20 0.01 26 IOOF Holdings Ltd 130 0.02
7 Codan Ltd 15 – 14 IPH Ltd 57 0.01
16 Collection House Ltd 16 – 9 IRESS Ltd 77 0.01
9 Collins Foods Ltd 48 0.01 16 iSelect Ltd 8 –
179 Cooper Energy Ltd 54 0.01 9 iSentia Group Ltd 2 –
5 Corporate Travel Management Ltd 78 0.01 12 IVE Group Ltd 18 –
16 Costa Group Holdings Ltd 92 0.02 30 Japara Healthcare Ltd 26 –
3 Credit Corp Group Ltd 41 0.01 8 JB Hi-Fi Ltd 138 0.03
18 CSG Ltd 2 – 4 Jumbo Interactive Ltd 25 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 159
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Australia - 2.25% (continued) Australia - 2.25% (continued)
23 Karoon Gas Australia Ltd 16 – 20 RCR Tomlinson Ltd 13 –
9 Kingsgate Consolidated Ltd 1 – 15 Reckon Ltd 8 –
3 Kogan.com Ltd 8 – 13 Regis Healthcare Ltd 27 0.01
4 Lifestyle Communities Ltd 14 – 35 Regis Resources Ltd 107 0.02
32 Link Administration Holdings Ltd 166 0.03 2 Reject Shop Ltd 4 –
5 Lovisa Holdings Ltd 28 0.01 50 Reliance Worldwide Corp Ltd 174 0.03
46 Lynas Corp Ltd 71 0.01 69 Resolute Mining Ltd 48 0.01
18 MACA Ltd 12 – 10 Retail Food Group Ltd 3 –
142 Macmahon Holdings Ltd 24 – 30 Ridley Corp Ltd 30 0.01
10 Magellan Financial Group Ltd 187 0.04 9 Ruralco Holdings Ltd 20 –
124 Mayne Pharma Group Ltd 89 0.02 14 Sandfire Resources NL 65 0.01
5 McMillan Shakespeare Ltd 52 0.01 78 Saracen Mineral Holdings Ltd 142 0.03
20 McPherson's Ltd 19 – 9 Scottish Pacific Group Ltd 30 0.01
3 Medusa Mining Ltd 1 – 4 SeaLink Travel Group Ltd 11 –
31 Mesoblast Ltd 30 0.01 10 Select Harvests Ltd 42 0.01
69 Metals X Ltd 21 0.01 91 Senex Energy Ltd 26 0.01
68 Metcash Ltd 138 0.03 5 Servcorp Ltd 10 –
14 Michael Hill International Ltd 6 – 23 Service Stream Ltd 30 0.01
19 Michael Hill International Ltd 9 – 7 Seven Group Holdings Ltd 83 0.02
11 Mineral Resources Ltd 122 0.02 73 Seven West Media Ltd 36 0.01
66 MMA Offshore Ltd 8 – 7 SG Fleet Group Ltd 14 –
3 MNF Group Ltd 7 – 11 Shine Corporate Ltd 6 –
5 Moelis Australia Ltd 19 – 110 Sigma Healthcare Ltd 39 0.01
6 Monadelphous Group Ltd 61 0.01 3 Silver Chef Ltd 3 –
19 Monash IVF Group Ltd 13 – 65 Silver Lake Resources Ltd 23 –
5 Mortgage Choice Ltd 5 – 14 Sims Metal Management Ltd 107 0.02
71 Mount Gibson Iron Ltd 27 0.01 6 SmartGroup Corp Ltd 44 0.01
64 Myer Holdings Ltd 21 – 54 Southern Cross Media Group Ltd 43 0.01
32 MYOB Group Ltd 80 0.02 101 Spark Infrastructure Group 174 0.03
11 MyState Ltd 35 0.01 22 SpeedCast International Ltd 53 0.01
9 Navigator Global Investments Ltd 29 0.01 40 St Barbara Ltd 131 0.02
21 Navitas Ltd 77 0.01 70 Steadfast Group Ltd 138 0.03
29 New Hope Corp Ltd 72 0.01 918 Sundance Energy Australia Ltd 34 0.01
26 NEXTDC Ltd 122 0.02 10 Super Retail Group Ltd 55 0.01
33 nib holdings Ltd 119 0.02 12 Superloop Ltd 14 –
4 Nick Scali Ltd 16 – 23 Syrah Resources Ltd 27 0.01
144 Nine Entertainment Co Holdings Ltd 186 0.04 18 Tassal Group Ltd 56 0.01
39 NRW Holdings Ltd 52 0.01 14 Technology One Ltd 65 0.01
19 Nufarm Ltd 84 0.02 21 Thorn Group Ltd 8 –
30 OFX Group Ltd 39 0.01 12 Villa World Ltd 17 –
37 OM Holdings Ltd 38 0.01 11 Village Roadshow Ltd 20 –
21 oOh!media Ltd 66 0.01 81 Virgin Australia Holdings Ltd 11 –
71 Orora Ltd 171 0.03 7 Virtus Health Ltd 24 0.01
23 OZ Minerals Ltd 146 0.03 5 Vita Group Ltd 4 –
5 Pacific Current Group Ltd 20 – 53 Vocus Group Ltd 129 0.02
14 Pact Group Holdings Ltd 36 0.01 9 Webjet Ltd 82 0.02
8 Panoramic Resources Ltd 2 – 10 Webster Ltd 13 –
40 Paragon Care Ltd 19 – 20 Western Areas Ltd 31 0.01
48 Peet Ltd 37 0.01 26 Westgold Resources Ltd 19 –
20 Pendal Group Ltd 126 0.02 23 WorleyParsons Ltd 225 0.04
3 Perpetual Ltd 72 0.01 29 WPP AUNZ Ltd 13 –
145 Perseus Mining Ltd 37 0.01 11,828 2.25
17 Platinum Asset Management Ltd 69 0.01 Austria - 0.45%
15 PMP Ltd 2 – 1 Agrana Beteiligungs AG 24 –
19 Praemium Ltd 10 – 6 Andritz AG 306 0.07
9 Premier Investments Ltd 108 0.02 2 AT&S Austria Technologie & Systemtechnik AG 50 0.01
20 Prime Media Group Ltd 3 – 16 Atrium European Real Estate Ltd 61 0.01
5 Pro Medicus Ltd 36 0.01 7 CA Immobilien Anlagen AG 220 0.04
32 QMS Media Ltd 21 0.01 1 DO & CO AG 85 0.02
125 Qube Holdings Ltd 244 0.05 4 EVN AG 62 0.01
33 Quintis Ltd 2 – 2 FACC AG 40 0.01
53 Ramelius Resources Ltd 15 – 1 Flughafen Wien AG 36 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 160
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Austria - 0.45% (continued) Belgium - 0.56% (continued)
9 Immofinanz AG 219 0.04 2 Tessenderlo Group SA 67 0.01
– Kapsch TrafficCom AG 9 – 1 Van de Velde NV 20 –
1 Lenzing AG 100 0.02 3 Viohalco SA 8 –
1 Mayr Melnhof Karton AG 110 0.02 2,944 0.56
1 Oberbank AG 53 0.01 Canada - 3.05%
3 Oesterreichische Post AG 108 0.02 8 5N Plus Inc 18 –
2 Palfinger AG 50 0.01 4 Absolute Software Corp 25 –
1 POLYTEC Holding AG 13 – 1 Acadian Timber Corp 10 –
1 Porr AG 31 0.01 22 Advantage Oil & Gas Ltd 39 0.01
– Rosenbauer International AG 17 – 5 Aecon Group Inc 71 0.01
5 S IMMO AG 88 0.02 28 Africa Oil Corp 24 –
1 Schoeller-Bleckmann Oilfield Equipment AG 90 0.02 2 Ag Growth International Inc 70 0.01
1 Semperit AG Holding 15 – 7 AGF Management Ltd 27 0.01
1 Strabag SE 49 0.01 2 AGT Food & Ingredients Inc 22 –
16 Telekom Austria AG 118 0.02 13 Aimia Inc 34 0.01
– UBM Development AG 15 – 2 AirBoss of America Corp 12 –
13 UNIQA Insurance Group AG 130 0.02 1 AKITA Drilling Ltd 3 –
4 Vienna Insurance Group AG Wiener Versicherung
33 Alacer Gold Corp 51 0.01
Gruppe 106 0.02
36 Alamos Gold Inc 115 0.02
6 Wienerberger AG 134 0.03
3 Alaris Royalty Corp 44 0.01
2 Zumtobel Group AG 21 –
2 Alcanna Inc 13 –
2,360 0.45
10 Alexco Resource Corp 8 –
Belgium - 0.56%
1 Algoma Central Corp 11 –
2 Ackermans & van Haaren NV 289 0.06
6 Alio Gold Inc 4 –
19 AGFA-Gevaert NV 81 0.02
5 Altius Minerals Corp 47 0.01
2 Argenx SE 173 0.04
4 Altus Group Ltd 70 0.01
– Atenor 24 –
3 Americas Silver Corp 4 –
– Banque Nationale de Belgique 52 0.01
12 Amerigo Resources Ltd 8 –
1 Barco NV 84 0.02
4 Andrew Peller Ltd 37 0.01
3 Bekaert SA 82 0.02
4 ARC Resources Ltd 28 0.01
3 Biocartis NV 39 0.01
16 Argonaut Gold Inc 15 –
7 bpost SA 86 0.02
5 Aritzia Inc 69 0.01
1 Celyad SA 15 –
32 Asanko Gold Inc 21 –
1 Cie d'Entreprises CFE 64 0.01
39 Athabasca Oil Corp 30 0.01
– Cie Immobiliere de Belgique SA 18 –
8 ATS Automation Tooling Systems Inc 97 0.02
2 D'ieteren SA/NV 90 0.02
3 Aurora Cannabis Inc 18 –
10 Deceuninck NV 24 –
2 AutoCanada Inc 17 –
12 Econocom Group S 42 0.01
88 B2Gold Corp 217 0.04
3 Elia System Operator SA 171 0.04
4 Badger Daylighting Ltd 98 0.02
15 Euronav NV 130 0.02
51 Baytex Energy Corp 94 0.02
1 EVS Broadcast Equipment SA 25 –
3 Bellatrix Exploration Ltd 2 –
3 Exmar NV 22 –
25 Birchcliff Energy Ltd 65 0.01
4 Fagron 63 0.01
4 Bird Construction Inc 21 –
4 Galapagos NV 396 0.09
2 Black Diamond Group Ltd 4 –
2 Gimv NV 91 0.02
35 BlackPearl Resources Inc 26 –
2 Ion Beam Applications 45 0.01
33 BNK Petroleum Inc 8 –
– Jensen-Group NV 10 –
34 Bonavista Energy Corp 32 0.01
1 Kinepolis Group NV 73 0.01
3 Bonterra Energy Corp 16 –
– Lotus Bakeries 71 0.01
7 Boralex Inc 88 0.02
7 MDxHealth 17 –
1 Brookfield Real Estate Services Inc 14 –
1 Melexis NV 75 0.01
– BRP Inc 12 –
8 Nyrstar NV 7 –
– Caledonia Mining Corp PLC 2 –
6 Ontex Group NV 128 0.02
9 Calfrac Well Services Ltd 18 –
2 Orange Belgium SA 46 0.01
1 Calian Group Ltd 18 –
5 Oxurion NV 20 0.01
12 Canaccord Genuity Group Inc 57 0.01
– Picanol 26 –
11 Canacol Energy Ltd 34 0.01
4 Recticel SA 29 0.01
8 Canadian Western Bank 179 0.03
– Resilux 19 –
6 Canfor Corp 87 0.02
1 Sioen Industries NV 17 –
4 Canfor Pulp Products Inc 52 0.01
1 Sipef NV 38 0.01
7 CanWel Building Materials Group Ltd 25 –
3 Telenet Group Holding NV 159 0.03
11 Capital Power Corp 228 0.04
– TER Beke SA 8 –
33 Capstone Mining Corp 16 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 161
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Canada - 3.05% (continued) Canada - 3.05% (continued)
13 Cardinal Energy Ltd 26 – 3 Gibson Energy Inc 52 0.01
7 Cascades Inc 69 0.01 3 Gluskin Sheff & Associates Inc 22 0.01
11 Celestica Inc 114 0.02 5 GMP Capital Inc 7 –
23 Centerra Gold Inc 93 0.02 1 Goeasy Ltd 28 0.01
1 Cervus Equipment Corp 7 – 9 Golden Star Resources Ltd 28 0.01
18 CES Energy Solutions Corp 43 0.01 36 Gran Tierra Energy Inc 97 0.02
13 Chartwell Retirement Residences 145 0.03 2 Granite Oil Corp 1 –
30 China Gold International Resources Corp Ltd 41 0.01 5 Great Canadian Gaming Corp 210 0.04
6 Cineplex Inc 111 0.02 17 Great Panther Silver Ltd 10 –
2 Clearwater Seafoods Inc 8 – 3 Guardian Capital Group Ltd 45 0.01
2 Cogeco Communications Inc 76 0.01 18 Guyana Goldfields Inc 18 –
1 Cogeco Inc 28 0.01 5 Heroux-Devtek Inc 48 0.01
3 Colliers International Group Inc 209 0.04 2 High Liner Foods Inc 10 –
8 Computer Modelling Group Ltd 42 0.01 7 Home Capital Group Inc 93 0.02
18 Continental Gold Inc 29 0.01 21 Horizon North Logistics Inc 36 0.01
21 Copper Mountain Mining Corp 14 – 25 Hudbay Minerals Inc 126 0.02
1 Corby Spirit and Wine Ltd 18 – 11 Hudson's Bay Co 71 0.01
10 Corus Entertainment Inc 36 0.01 44 IAMGOLD Corp 134 0.03
13 Cott Corp 188 0.04 2 IBI Group Inc 5 –
22 Crescent Point Energy Corp 65 0.01 4 Imperial Metals Corp 4 –
20 Crew Energy Inc 18 – 1 Indigo Books & Music Inc 10 –
7 CRH Medical Corp 24 0.01 1 Information Services Corp 13 –
15 Delphi Energy Corp 7 – 11 Innergex Renewable Energy Inc 104 0.02
61 Denison Mines Corp 35 0.01 6 Interfor Corp 73 0.01
6 Descartes Systems Group Inc 170 0.03 3 International Tower Hill Mines Ltd 1 –
16 Detour Gold Corp 119 0.02 1 Intertain Group Ltd 6 –
36 DHX Media Ltd 96 0.02 6 Intertape Polymer Group Inc 78 0.01
3 DIRTT Environmental Solutions 17 – 4 Invesque Inc 30 0.01
3 Dorel Industries Inc 36 0.01 40 Ivanhoe Mines Ltd 79 0.02
8 DREAM Unlimited Corp 45 0.01 3 Jamieson Wellness Inc 47 0.01
13 Dundee Precious Metals Inc 34 0.01 9 Just Energy Group Inc 38 0.01
– E-L Financial Corp Ltd 10 – 2 K-Bro Linen Inc 41 0.01
37 ECN Capital Corp 97 0.02 16 Kelt Exploration Ltd 54 0.01
90 Eldorado Gold Corp 51 0.01 2 Kinaxis Inc 132 0.03
27 Element Fleet Management Corp 145 0.03 3 Kirkland Lake Gold Ltd 63 0.01
7 Endeavour Mining Corp 90 0.02 12 Knight Therapeutics Inc 74 0.01
17 Endeavour Silver Corp 31 0.01 7 Labrador Iron Ore Royalty Corp 134 0.03
10 Enerflex Ltd 120 0.02 11 Largo Resources Ltd 31 0.01
6 Energy Fuels Inc 18 – – Lassonde Industries Inc 46 0.01
22 Enerplus Corp 214 0.04 4 Laurentian Bank of Canada 121 0.02
2 Enghouse Systems Ltd 98 0.02 15 Leagold Mining Corp 17 –
14 Ensign Energy Services Inc 51 0.01 3 Leon's Furniture Ltd 33 0.01
3 Epsilon Energy Ltd 6 – 3 Linamar Corp 126 0.02
1 Equitable Group Inc 73 0.01 37 Lucara Diamond Corp 52 0.01
8 Essential Energy Services Ltd 2 – 4 Lundin Gold Inc 15 –
3 Evertz Technologies Ltd 33 0.01 2 Magellan Aerospace Corp 19 –
1 Exchange Income Corp 12 – – Mainstreet Equity Corp 13 –
3 Exco Technologies Ltd 19 – 11 Major Drilling Group International Inc 38 0.01
10 Extendicare Inc 50 0.01 31 Mandalay Resources Corp 1 –
4 Fiera Capital Corp 36 0.01 – Manitok Energy Inc – –
3 Firm Capital Mortgage Investment Corp 26 0.01 7 Maple Leaf Foods Inc 165 0.03
16 First Majestic Silver Corp 75 0.01 22 Marathon Gold Corp 11 –
2 First National Financial Corp 39 0.01 9 Martinrea International Inc 76 0.01
3 FirstService Corp 237 0.04 2 Maxar Technologies Ltd 36 0.01
62 Fission Uranium Corp 30 0.01 3 Maxar Technologies Ltd 57 0.01
17 Fortuna Silver Mines Inc 54 0.01 1 Mediagrif Interactive Technologies Inc 10 –
9 Freehold Royalties Ltd 57 0.01 3 Medical Facilities Corp 32 0.01
8 Frontera Energy Corp 77 0.01 24 MEG Energy Corp 151 0.03
1 Gamehost Inc 8 – 1 Melcor Developments Ltd 14 –
27 Gear Energy Ltd 12 – 1 Morguard Corp 79 0.02
– Genesis Land Development Corp 1 – 6 Morneau Shepell Inc 115 0.02
4 Genworth MI Canada Inc 143 0.03 15 Mountain Province Diamonds Inc 19 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 162
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Canada - 3.05% (continued) Canada - 3.05% (continued)
2 MTY Food Group Inc 121 0.02 6 Street Capital Group Inc 3 –
9 Mullen Group Ltd 79 0.02 1 Stuart Olson Inc 5 –
31 Nevsun Resources Ltd 139 0.03 14 Superior Plus Corp 113 0.02
42 New Gold Inc 32 0.01 34 Surge Energy Inc 39 0.01
5 NFI Group Inc 142 0.03 30 Tahoe Resources Inc 105 0.02
3 Norbord Inc 93 0.02 25 Tamarack Valley Energy Ltd 42 0.01
3 North American Construction Group Ltd 24 0.01 23 Taseko Mines Ltd 15 –
5 North West Co Inc 114 0.02 10 Teranga Gold Corp 25 0.01
9 Northland Power Inc 159 0.03 1 Tervita Corp 4 –
18 NuVista Energy Ltd 53 0.01 8 TFI International Inc 270 0.05
54 Obsidian Energy Ltd 27 0.01 48 Tidewater Midstream and Infrastructure Ltd 48 0.01
64 OceanaGold Corp 186 0.04 8 Timbercreek Financial Corp 57 0.01
11 Osisko Gold Royalties Ltd 85 0.02 3 TMAC Resources Inc 13 –
7 Osisko Mining Inc 13 – 1 TMX Group Ltd 68 0.01
11 Painted Pony Energy Ltd 14 – 15 TORC Oil & Gas Ltd 53 0.01
14 Pan American Silver Corp 178 0.03 8 Torex Gold Resources Inc 64 0.01
6 Paramount Resources Ltd 30 0.01 4 Torstar Corp 3 –
14 Parex Resources Inc 168 0.03 4 Total Energy Services Inc 33 0.01
11 Parkland Fuel Corp 320 0.06 27 TransAlta Corp 145 0.03
7 Pason Systems Inc 102 0.02 12 TransAlta Renewables Inc 104 0.02
50 Pengrowth Energy Corp 26 0.01 7 Transcontinental Inc 100 0.02
14 Peyto Exploration & Development Corp 110 0.02 8 TransGlobe Energy Corp 18 –
6 Photon Control Inc 5 – 54 Trevali Mining Corp 20 0.01
2 PHX Energy Services Corp 4 – 23 Trican Well Service Ltd 21 0.01
2 Pizza Pizza Royalty Corp 14 – 14 Tricon Capital Group Inc 110 0.02
2 Polaris Infrastructure Inc 13 – – Trisura Group Ltd 10 –
1 Pollard Banknote Ltd 15 – 4 Uni-Select Inc 64 0.01
11 PolyMet Mining Corp 9 – 4 Valener Inc 63 0.01
29 Precision Drilling Corp 66 0.01 2 Wajax Corp 25 0.01
17 Premier Gold Mines Ltd 20 0.01 7 Wesdome Gold Mines Ltd 18 –
2 Premium Brands Holdings Corp 144 0.03 11 Western Energy Services Corp 4 –
12 Pretium Resources Inc 84 0.02 44 Western Forest Products Inc 65 0.01
3 Pulse Seismic Inc 4 – 2 WestJet Airlines Ltd 23 0.01
13 Quarterhill Inc 14 – 5 Westport Fuel Systems Inc 12 –
2 RB Energy Inc – – 5 Westshore Terminals Investment Corp 89 0.02
6 Real Matters Inc 16 – 38 Whitecap Resources Inc 135 0.03
2 Recipe Unlimited Corp 36 0.01 3 Winpak Ltd 93 0.02
7 Reitmans Canada Ltd 18 – 92 Yamana Gold Inc 191 0.04
5 Richelieu Hardware Ltd 92 0.02 7 Yangarra Resources Ltd 13 –
1 Rocky Mountain Dealerships Inc 5 – 4 ZCL Composites Inc 17 –
9 Rogers Sugar Inc 40 0.01 16,080 3.05
22 Roxgold Inc 13 – China - 0.00%
6 Russel Metals Inc 98 0.02 54 GCL New Energy Holdings Ltd 2 –
22 Sabina Gold & Silver Corp 23 0.01
2 –
19 Sandstorm Gold Ltd 80 0.02
Denmark - 0.68%
4 Savaria Corp 35 0.01
1 ALK-Abello AS 84 0.02
3 Seabridge Gold Inc 40 0.01
4 Alm Brand AS 31 0.01
19 Secure Energy Services Inc 101 0.02
12 Ambu AS 232 0.04
35 SEMAFO Inc 63 0.01
3 Bang & Olufsen AS 56 0.01
6 ShawCor Ltd 88 0.02
3 Bavarian Nordic AS 53 0.01
27 Sherritt International Corp 10 –
– Brodrene Hartmann AS 12 –
7 Sienna Senior Living Inc 85 0.02
9 Columbus AS 18 –
– Sierra Wireless Inc (Canada listing) 3 –
2 D/S Norden AS 37 0.01
4 Sierra Wireless Inc (US listing) 59 0.01
2 Dfds AS 93 0.02
4 Sleep Country Canada Holdings Inc 58 0.01
3 FLSmidth & Co AS 141 0.03
15 Sprott Inc 32 0.01
11 GN Store Nord AS 397 0.07
12 SSR Mining Inc 123 0.02
2 H&H International AS 24 –
11 Stantec Inc 259 0.05
12 ISS AS 392 0.07
4 Stella-Jones Inc 125 0.02
– Jeudan AS 30 0.01
3 STEP Energy Services Ltd 6 –
5 Jyske Bank AS 208 0.04
5 Storm Resources Ltd 7 –
2 Matas AS 23 –
39 Stornoway Diamond Corp 6 –
2 Nilfisk Holding AS 70 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 163
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Denmark - 0.68% (continued) Finland - 0.78% (continued)
2 NKT AS 37 0.01 2 Revenio Group Oyj 29 0.01
1 NNIT AS 40 0.01 9 Sanoma Oyj 89 0.02
2 Per Aarsleff Holding AS 56 0.01 1 Stockmann Oyj Abp, Class A 1 –
3 Ringkjoebing Landbobank AS 141 0.03 2 Stockmann Oyj Abp, Class B 5 –
– Rockwool International AS, Class A 47 0.01 4 Tieto Oyj 127 0.02
1 Rockwool International AS, Class B 177 0.03 2 Tikkurila Oyj 33 0.01
4 Royal Unibrew AS 292 0.06 5 Tokmanni Group Corp 41 0.01
1 RTX AS 19 – 4 Uponor Oyj 43 0.01
5 Scandinavian Tobacco Group AS 61 0.01 2 Vaisala Oyj 37 0.01
1 Schouw & Co AS 67 0.01 10 Valmet Oyj 225 0.04
3 SimCorp AS 205 0.04 14 YIT Oyj 87 0.02
1 Solar AS 29 0.01 4,096 0.78
7 Spar Nord Bank AS 57 0.01 France - 1.54%
5 Sydbank AS 133 0.03 4 ABC arbitrage 30 0.01
8 TK Development AS 7 – 18 Air France-KLM 210 0.04
4 Topdanmark AS 197 0.03 1 Akka Technologies 53 0.01
5 TORM PLC 38 0.01 1 AKWEL 18 –
– United International Enterprises 43 0.01 2 Albioma SA 45 0.01
2 Zealand Pharma AS 28 0.01 2 Alten SA 222 0.04
3,575 0.68 16 Altran Technologies SA 162 0.03
Finland - 0.78% 1 APRIL SA 15 –
3 Ahlstrom-Munksjo Oyj 46 0.01 1 Assystem SA 26 0.01
5 Aktia Bank Oyj 55 0.01 1 Aubay 26 0.01
2 Alma Media Oyj 16 – 1 Axway Software SA 13 –
10 Amer Sports Oyj 376 0.06 – Bastide le Confort Medical 8 –
1 Asiakastieto Group Oyj 43 0.01 3 Beneteau SA 50 0.01
2 Aspo Oyj 19 – 1 Bigben Interactive 12 –
1 Atria Oyj 9 – 1 Boiron SA 35 0.01
1 BasWare Oyj 33 0.01 2 Bonduelle SCA 54 0.01
3 Bittium Oyj 27 0.01 1 Bourbon Corp 6 –
3 Cargotec Oyj 115 0.02 – Burelle SA 22 –
8 Caverion Oyj 48 0.01 4 Casino Guichard Perrachon SA 174 0.03
25 Citycon Oyj 50 0.01 1 Cegedim SA 15 –
3 Cramo Oyj 63 0.01 47 CGG SA 70 0.01
1 Elisa Oyj 45 0.01 2 Chargeurs SA 35 0.01
8 F-Secure Oyj 21 – 1 Cie des Alpes 26 –
4 Finnair Oyj 34 0.01 5 Cie Plastic Omnium SA 126 0.02
3 Fiskars Oyj Abp 51 0.01 9 Coface SA 82 0.02
3 HKScan Oyj 6 – 7 Derichebourg SA 29 0.01
7 Huhtamaki Oyj 228 0.04 – Devoteam SA 48 0.01
9 Kemira Oyj 101 0.02 12 Edenred 447 0.09
2 Kesko Oyj, Class A 127 0.02 – Electricite de Strasbourg SA 5 –
6 Kesko Oyj, Class B 354 0.06 8 Elior Group SA 118 0.02
5 Konecranes Oyj 155 0.03 14 Elis SA 278 0.05
3 Lassila & Tikanoja Oyj 47 0.01 1 Eramet 63 0.01
1 Lehto Group Oyj 7 – – Esso SA Francaise 12 –
14 Metsa Board Oyj 98 0.02 3 Etablissements Maurel et Prom 14 –
7 Metso Oyj 207 0.04 5 Euronext NV 271 0.05
8 Nokian Renkaat Oyj 272 0.05 7 Europcar Mobility Group 68 0.01
1 Olvi Oyj 47 0.01 15 Eutelsat Communications SA 318 0.06
14 Oriola Oyj 35 0.01 1 Fnac Darty SA 101 0.02
2 Orion Oyj, Class A 53 0.01 2 Gaztransport Et Technigaz SA 131 0.02
9 Orion Oyj, Class B 296 0.05 27 Getlink SE 351 0.07
21 Outokumpu Oyj 87 0.02 1 GL Events 18 –
11 Outotec Oyj 43 0.01 – Groupe Crit 18 –
1 Pihlajalinna Oyj 7 – – Groupe Open 12 –
1 Ponsse Oyj 33 0.01 – Guerbet 28 0.01
4 Poyry Oyj 28 0.01 2 Haulotte Group SA 20 0.01
1 QT Group Oyj 10 – 1 HiPay Group SA 7 –
12 Raisio Oyj 38 0.01 – ID Logistics Group 32 0.01
7 Ramirent Oyj 44 0.01 3 Imerys SA 144 0.03
1 Rapala VMC Oyj 5 – 5 Ingenico Group SA 353 0.07
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 164
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
France - 1.54% (continued) France - 1.54% (continued)
– Interparfums SA 18 – 1 Vilmorin & Cie SA 34 0.01
3 IPSOS 79 0.02 – Virbac SA 52 0.01
1 Jacquet Metal Service SA 24 – 8,130 1.54
1 Kaufman & Broad SA 55 0.01 Germany - 2.12%
4 Korian SA 169 0.03 6 Aareal Bank AG 183 0.03
9 Lagardere SCA 263 0.05 3 ADLER Real Estate AG 45 0.01
7 Latecoere SA 27 0.01 3 ADO Properties SA 149 0.03
– Laurent-Perrier 29 0.01 5 ADVA Optical Networking SE 39 0.01
– Le Belier 8 – 11 Aixtron SE 125 0.02
2 Lectra 48 0.01 – All for One Steeb AG 14 –
1 Linedata Services 18 – 1 Allgeier SE 18 –
1 LISI 42 0.01 – Amadeus Fire AG 52 0.01
1 LNA Sante SA 36 0.01 – Atoss Software AG 8 –
2 Maisons du Monde SA 49 0.01 4 Aurubis AG 196 0.04
– Maisons France Confort SA 6 – – Basler AG 20 0.01
1 Manitou BF SA 33 0.01 1 Bauer AG 20 0.01
– Manutan International 17 – 1 BayWa AG 30 0.01
1 Mersen SA 42 0.01 3 Bechtle AG 213 0.04
2 Metropole Television SA 36 0.01 1 Bertrandt AG 46 0.01
3 Neopost SA 82 0.02 – bet-at-home.com AG 13 –
2 Nexans SA 69 0.01 1 Bijou Brigitte AG 26 –
4 Nexity SA 181 0.03 3 Bilfinger SE 107 0.02
2 Nicox 9 – 6 Borussia Dortmund GmbH & Co KGaA 56 0.01
3 NRJ Group 24 0.01 3 CANCOM SE 115 0.02
2 Oeneo SA 23 0.01 2 Carl Zeiss Meditec AG 164 0.03
1 Parrot SA 4 – 14 Ceconomy AG 68 0.01
1 Pierre & Vacances SA 11 – 1 CENIT AG 15 –
1 Plastivaloire 8 – 1 CENTROTEC Sustainable AG 10 –
2 Rallye SA 21 0.01 1 Cewe Stiftung & Co KGAA 48 0.01
2 Recylex SA 17 – 3 Comdirect Bank AG 36 0.01
26 Rexel SA 313 0.06 2 CompuGroup Medical SE 93 0.02
– Robertet SA 51 0.01 1 Corestate Capital Holding SA 25 –
3 Rothschild & Co 108 0.02 2 CropEnergies AG 10 –
8 Rubis SCA 407 0.08 5 CTS Eventim AG & Co KGaA 200 0.04
1 Sartorius Stedim Biotech 58 0.01 1 Delticom AG 8 –
– Savencia SA 25 – 1 Deutsche Beteiligungs AG 39 0.01
2 Societe BIC SA 223 0.04 5 Deutsche EuroShop AG 150 0.03
– Societe des Bains de Mer et du Cercle des
13 Deutsche Pfandbriefbank AG 150 0.03
Etrangers a Monaco 19 –
13 Deutz AG 96 0.02
– Societe Marseillaise du Tunnel Prado-Carenage SA 4 –
7 Dialog Semiconductor PLC 191 0.04
1 Societe pour l'Informatique Industrielle 21 0.01
5 DIC Asset AG 58 0.01
1 SOITEC 91 0.02
1 Diebold Nixdorf AG 56 0.01
44 Solocal Group 31 0.01
2 DMG Mori AG 83 0.02
1 Somfy SA 45 0.01
1 Dr Hoenle AG 34 0.01
1 Sopra Steria Group 125 0.02
– Draegerwerk AG & Co KGaA 10 –
10 SPIE SA 137 0.03
5 Duerr AG 181 0.03
1 SRP Groupe SA 3 –
– Eckert & Ziegler AG 31 0.01
– Stallergenes Greer PLC 14 –
– EDAG Engineering Group AG 10 –
– Stef SA 18 –
2 Elmos Semiconductor AG 32 0.01
1 Sword Group 17 –
3 ElringKlinger AG 29 0.01
1 Synergie SA 19 –
1 Energiekontor AG 10 –
2 Tarkett SA 62 0.01
1 Ferratum Oyj 14 –
25 Technicolor SA 30 0.01
2 Fielmann AG 150 0.03
4 Television Francaise 1 35 0.01
1 First Sensor AG 22 –
– Tessi SA 10 –
12 Freenet AG 257 0.05
– TFF Group 16 –
3 GEA Group AG 82 0.02
1 Thermador Groupe 35 0.01
3 Gerresheimer AG 205 0.04
– Total Gabon 11 –
2 Gerry Weber International AG 9 –
1 Trigano SA 68 0.01
1 Gesco AG 23 –
28 Vallourec SA 66 0.01
2 GFT Technologies SE 16 –
5 Valneva SE 18 –
9 Grand City Properties SA 218 0.04
– Vetoquinol SA 15 –
1 Grenke AG 72 0.01
2 Vicat SA 80 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 165
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Germany - 2.12% (continued) Germany - 2.12% (continued)
1 H&R GmbH & Co KGaA 10 – – STRATEC Biomedical AG 24 0.01
3 Hamburger Hafen und Logistik AG 58 0.01 2 Stroeer SE & Co KGaA 122 0.02
2 Hapag-Lloyd AG 77 0.01 8 Suedzucker AG 107 0.02
– Hawesko Holding AG 8 – 2 Suess MicroTec SE 23 0.01
26 Heidelberger Druckmaschinen AG 56 0.01 1 Surteco Group SE 26 0.01
3 Hella GmbH & Co KGaA 130 0.02 12 TAG Immobilien AG 285 0.05
5 HolidayCheck Group AG 16 – 3 Takkt AG 51 0.01
1 Hornbach Baumarkt AG 14 – 1 Technotrans SE 22 0.01
– Hornbach Holding AG & Co KGaA 11 – 3 Tele Columbus AG 15 –
6 Hugo Boss AG 382 0.07 9 TLG Immobilien AG 252 0.05
2 Indus Holding AG 86 0.02 4 Tom Tailor Holding SE 13 –
2 Isra Vision AG 63 0.01 1 VERBIO Vereinigte BioEnergie AG 11 –
4 Jenoptik AG 135 0.03 1 Vossloh AG 39 0.01
19 K&S AG 328 0.06 1 VTG AG 80 0.02
7 Kloeckner & Co SE 60 0.01 1 Wacker Chemie AG 90 0.02
1 Koenig & Bauer AG 67 0.01 3 Wacker Neuson SE 62 0.01
2 Krones AG 140 0.03 1 Washtec AG 81 0.02
– KSB SE & Co KGaA 3 – 2 Wuestenrot & Wuerttembergische AG 46 0.01
– KWS Saat SE 59 0.01 – XING SE 88 0.02
7 Lanxess AG 395 0.07 1 Zeal Network SE 25 0.01
1 Leifheit AG 31 0.01 11,162 2.12
3 Leoni AG 100 0.02 Hong Kong - 0.90%
2 LPKF Laser & Electronics AG 16 – 26 Aeon Credit Service Asia Co Ltd 23 –
1 Manz AG 16 – 305 Agritrade Resources Ltd 61 0.01
1 Medigene AG 14 – 4 Allied Group Ltd 23 –
8 METRO AG 129 0.02 132 Allied Properties HK Ltd 29 0.01
6 MLP SE 30 0.01 21 APAC Resources Ltd 3 –
2 Nemetschek SE 200 0.04 145 Applied Development Holdings Ltd 11 –
1 Nexus AG 37 0.01 49 APT Satellite Holdings Ltd 18 –
6 Nordex SE 60 0.01 28 Asia Financial Holdings Ltd 16 –
3 Norma Group SE 179 0.03 9 Asia Satellite Telecommunications Holdings Ltd 6 –
1 OHB SE 29 0.01 50 Asia Standard International Group Ltd 9 –
1 OSRAM Licht AG 68 0.01 48 Asiasec Properties Ltd 22 –
– Paragon GmbH & Co KGaA 11 – 6 Associated International Hotels Ltd 17 –
4 Patrizia Immobilien AG 82 0.02 325 Auto Italia Holdings 3 –
1 Pfeiffer Vacuum Technology AG 92 0.02 39 BOE Varitronix Ltd 11 –
4 PNE AG 11 – 224 Bonjour Holdings Ltd 6 –
12 ProSiebenSat.1 Media SE 246 0.05 54 Bright Smart Securities & Commodities Group Ltd 11 –
1 PSI Software AG 18 – 331 Brightoil Petroleum Holdings Ltd 63 0.01
12 QSC AG 19 – 144 Brockman Mining Ltd 3 –
– R Stahl AG 3 – 312 Burwill Holdings Ltd 6 –
4 Rheinmetall AG 371 0.07 26 Cafe de Coral Holdings Ltd 64 0.01
2 Rhoen Klinikum AG 55 0.01 34 Camsing International Holding Ltd 33 0.01
3 RIB Software SE 38 0.01 236 Century City International Holdings Ltd 22 –
7 Rocket Internet SE 176 0.03 265 CGN Mining Co Ltd 10 –
4 S&T AG 93 0.02 11 Cheuk Nang Holdings Ltd 6 –
4 SAF-Holland SA 56 0.01 6 Chevalier International Holdings Ltd 9 –
4 Salzgitter AG 125 0.02 716 China Goldjoy Group Ltd 31 0.01
1 Schaltbau Holding AG 16 – 84 China LNG Group Ltd 14 –
3 Scout24 AG 144 0.03 2 China Motor Bus Co Ltd 27 0.01
– Secunet Security Networks AG 9 – 43 China Soft Power Technology Holdings Ltd – –
1 Senvion SA 4 – 144 China Star Entertainment Ltd 16 –
3 SGL Carbon SE 26 0.01 1,549 China Strategic Holdings Ltd 11 –
1 Shop Apotheke Europe NV 28 0.01 460 China Touyun Tech Group Ltd 8 –
1 SHW AG 14 – 50 Chinese Estates Holdings Ltd 56 0.01
2 Siltronic AG 175 0.03 50 Chinlink International Holdings Ltd 6 –
2 Sixt Leasing SE 27 0.01 20 Chong Hing Bank Ltd 35 0.01
1 Sixt SE 120 0.02 24 Chow Sang Sang Holdings International Ltd 38 0.01
1 SMA Solar Technology AG 21 0.01 60 Chuang's Consortium International Ltd 12 –
1 SMT Scharf AG 9 – 88 CITIC Telecom International Holdings Ltd 30 0.01
4 Software AG 181 0.03 400 CK Life Sciences Int'l Holdings Inc 18 –
2 Stabilus SA 143 0.03 38 CNQC International Holdings Ltd 9 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 166
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Hong Kong - 0.90% (continued) Hong Kong - 0.90% (continued)
146 Common Splendor International Health Industry 13 Lai Sun Development Co Ltd 22 0.01
Group Ltd 12 –
17 Lai Sun Garment International Ltd 25 0.01
46 Convenience Retail Asia Ltd 20 0.01
113 Landing International Development Ltd 44 0.01
654 Convoy Global Holdings Ltd 3 –
180 Landsea Green Group Co Ltd 19 –
160 Cosmopolitan International Holdings Ltd 30 0.01 60 Langham Hospitality Investments and Langham
57 Cowell e Holdings Inc 7 – Hospitality Investments Ltd 22 0.01
30 Crocodile Garments 3 – 260 Li & Fung Ltd 53 0.01
31 Cross-Harbour Holdings Ltd 48 0.01 43 Lifestyle International Holdings Ltd 69 0.01
520 CSI Properties Ltd 21 – 250 Lippo China Resources Ltd 5 –
2,912 CST Group Ltd 9 – 18 Liu Chong Hing Investment Ltd 27 0.01
37 Dah Sing Banking Group Ltd 70 0.01 28 Luk Fook Holdings International Ltd 82 0.02
14 Dah Sing Financial Holdings Ltd 78 0.01 174 Macau Legend Development Ltd 31 0.01
1,750 Digital Domain Holdings Ltd 24 0.01 258 Magnificent Hotel Investment Ltd 6 –
29 EcoGreen International Group Ltd 6 – 100 Man Wah Holdings Ltd 44 0.01
360 Emperor Capital Group Ltd 18 – 2,680 Mason Group Holdings Ltd 49 0.01
25 Emperor Entertainment Hotel Ltd 5 – 51 Melco International Development Ltd 104 0.02
104 Emperor International Holdings Ltd 26 – 24 Microport Scientific Corp 26 0.01
340 Emperor Watch & Jewellery Ltd 12 – 68 Midland Holdings Ltd 14 –
324 Enerchina Holdings Ltd 17 – 17 Miramar Hotel & Investment 32 0.01
116 ENM Holdings Ltd 11 – 367 Mongolian Mining Corp 8 –
167 Esprit Holdings Ltd 39 0.01 82 Nameson Holdings Ltd 7 –
9 Fairwood Holdings Ltd 30 0.01 20 Nanfang Communication Holdings Ltd 12 –
96 Far East Consortium International Ltd 46 0.01 36 NEW Concepts Holdings Ltd 12 –
276 FIH Mobile Ltd 33 0.01 126 NewOcean Energy Holdings Ltd 47 0.01
210 First Pacific Co Ltd 81 0.02 294 Newtree Group Holdings Ltd 20 0.01
112 First Shanghai Investments Ltd 6 – 48 OCI International Holdings Ltd 9 –
50 Freeman Fintech Corp Ltd 2 – 96 OP Financial Investments Ltd 31 0.01
30 Future Bright Holdings Ltd 3 – 30 Oriental Watch Holdings 8 –
11 Future World Financial Holdings Ltd – – 450 Pacific Andes International Holdings Ltd 2 –
2,573 G-Resources Group Ltd 17 – 239 Pacific Basin Shipping Ltd 54 0.01
474 Get Nice Holdings Ltd 16 – 57 Pacific Textiles Holdings Ltd 59 0.01
98 Giordano International Ltd 45 0.01 44 Paradise Entertainment Ltd 5 –
418 Global Brands Group Holding Ltd 20 0.01 24 PC Partner Group Ltd 9 –
60 Gold-Finance Holdings Ltd 13 – 84 Pico Far East Holdings Ltd 31 0.01
103 Goodbaby International Holdings Ltd 37 0.01 60 Playmates Holdings Ltd 8 –
20 Great Eagle Holdings Ltd 85 0.02 40 Playmates Toys Ltd 4 –
228 Guotai Junan International Holdings Ltd 40 0.01 193 Polytec Asset Holdings Ltd 17 –
192 Haitong International Securities Group Ltd 67 0.01 85 PT International Development Co Ltd 5 –
31 Hanison Construction Holdings Ltd 6 – 12 Public Financial Holdings Ltd 5 –
142 Hao Tian Development Group Ltd 4 – 266 PYI Corp Ltd 4 –
9 Harbour Centre Development Ltd 17 – 16 Qianhai Health Holdings Ltd 1 –
50 HKBN Ltd 78 0.01 46 Realord Group Holdings Ltd 29 0.01
81 HKR International Ltd 39 0.01 22 Regal Hotels International Holdings Ltd 13 –
176 Hoifu Energy Group Ltd 21 0.01 24 Regina Miracle International Holdings Ltd 18 –
15 Hong Kong Ferry Holdings Co Ltd 15 – 92 Sa Sa International Holdings Ltd 37 0.01
106 Hong Kong International Construction Investment 20 SEA Holdings Ltd 26 0.01
Management Group Co Ltd 33 0.01
70 Shenwan Hongyuan HK Ltd 14 –
60 Hong Kong Television Network Ltd 18 –
4 Shun Ho Property Investments Ltd 1 –
60 Hongkong & Shanghai Hotels Ltd 93 0.02
108 Shun Tak Holdings Ltd 36 0.01
72 Hongkong Chinese Ltd 9 –
166 Singamas Container Holdings Ltd 23 0.01
44 Hopewell Holdings Ltd 149 0.03
117 SITC International Holdings Co Ltd 99 0.02
396 Hsin Chong Group Holdings Ltd 3 –
42 Sitoy Group Holdings Ltd 12 –
64 Huarong International Financial Holdings Ltd 5 –
25 SmarTone Telecommunications Holdings Ltd 31 0.01
130 Hutchison Telecommunications Hong Kong
Holdings Ltd 49 0.01 8 SOCAM Development Ltd 2 –
56 IGG Inc 68 0.01 340 Solartech International Holdings Ltd 5 –
38 Imagi International Holdings Ltd 7 – 8 Soundwill Holdings Ltd 11 –
46 IT Ltd 24 0.01 100 South Shore Holdings Ltd 5 –
52 Jacobson Pharma Corp Ltd 11 – 39 Stella International Holdings Ltd 37 0.01
26 Johnson Electric Holdings Ltd 57 0.01 54 Summit Ascent Holdings Ltd 7 –
47 Kerry Logistics Network Ltd 75 0.01 48 Sun Hung Kai & Co Ltd 23 0.01
27 Kowloon Development Co Ltd 29 0.01 37 SUNeVision Holdings Ltd 21 0.01
25 L'Occitane International SA 48 0.01 24 TAI Cheung Holdings Ltd 22 0.01
270 Tai United Holdings Ltd 12 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 167
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Hong Kong - 0.90% (continued) Israel - 0.44% (continued)
42 Tan Chong International Ltd 13 – 22 Energix-Renewable Energies Ltd 29 0.01
24 Television Broadcasts Ltd 52 0.01 25 Enlight Renewable Energy Ltd 13 –
66 Texwinca Holdings Ltd 27 0.01 2 Evogene Ltd 6 –
18 TK Group Holdings Ltd 11 – 6 First International Bank Of Israel Ltd 134 0.03
414 Town Health International Medical Group Ltd 37 0.01 1 FMS Enterprises Migun Ltd 13 –
18 Transport International Holdings Ltd 48 0.01 1 Formula Systems 1985 Ltd 35 0.01
66 Trinity Ltd 3 – 1 Fox Wizel Ltd 15 –
40 Tsui Wah Holdings Ltd 4 – 2 Gilat Satellite Networks Ltd 19 –
51 United Laboratories International Holdings Ltd 35 0.01 – Hadera Paper Ltd 21 0.01
284 Up Energy Development Group Ltd 1 – 1 Ham-Let Israel-Canada Ltd 13 –
100 Value Convergence Holdings Ltd 7 – 11 Harel Insurance Investments & Financial Services
Ltd 84 0.02
64 Value Partners Group Ltd 51 0.01
1 Hilan Ltd 23 –
387 Victory City International Holdings Ltd 5 –
1 IDI Insurance Co Ltd 29 0.01
64 VPower Group International Holdings Ltd 25 –
20 Industrial Buildings Corp Ltd 30 0.01
74 VSTECS Holdings Ltd 37 0.01
6 Inrom Construction Industries Ltd 19 –
12 VTech Holdings Ltd 114 0.02
1 Jerusalem Oil Exploration 49 0.01
24 Wai Kee Holdings Ltd 12 –
2 Kamada Ltd 11 –
520 Wang On Group Ltd 6 –
1 Kenon Holdings Ltd 12 –
5 Wing On Co International Ltd 17 –
– Kerur Holdings Ltd 8 –
38 Wing Tai Properties Ltd 27 0.01
3 Magic Software Enterprises Ltd 25 –
275 Yat Sing Holdings Ltd 9 –
4 Matrix IT Ltd 43 0.01
3 YGM Trading Ltd 3 –
3 Maytronics Ltd 16 –
20 YT Realty Group Ltd 6 –
6 Mazor Robotics Ltd 186 0.04
4,720 0.90
9 Mediterranean Towers Ltd 15 –
Ireland - 0.13%
1 Mega Or Holdings Ltd 11 –
15 C&C Group PLC 51 0.01
1 Melisron Ltd 64 0.01
2 FBD Holdings PLC 21 –
3 Menora Mivtachim Holdings Ltd 33 0.01
10 Glanbia PLC 183 0.03
23 Migdal Insurance & Financial Holding Ltd 27 0.01
2 IFG Group PLC 4 –
– Mivtach Shamir Holdings Ltd 7 –
8 Irish Continental Group PLC 44 0.01
3 Naphtha Israel Petroleum Corp Ltd 23 0.01
3 Kingspan Group PLC 148 0.03
2 Nawi Brothers Ltd 12 –
5 Permanent TSB Group Holdings PLC 9 –
– Neto ME Holdings Ltd 8 –
8 Smurfit Kappa Group PLC 206 0.05
3 Nova Measuring Instruments Ltd 69 0.01
666 0.13 150 Oil Refineries Ltd 76 0.01
Israel - 0.44% 8 Partner Communications Co Ltd 46 0.01
2 ADO Group Ltd 44 0.01 1 Paz Oil Co Ltd 116 0.03
1 Africa Israel Properties Ltd 30 0.01 8 Phoenix Holdings Ltd 51 0.01
6 Airport City Ltd 69 0.01 – Plasson Industries Ltd 13 –
1 Allot Communications Ltd 7 – – Rami Levy Chain Stores Hashikma Marketing 2006
1 Alrov Properties and Lodgings Ltd 38 0.01 Ltd 21 –
10 Amot Investments Ltd 47 0.01 11 Redhill Biopharma Ltd 9 –
20 Arko Holdings Ltd 10 – – Scope Metals Group Ltd 12 –
2 Ashtrom Properties Ltd 10 – 7 Shapir Engineering and Industry Ltd 23 0.01
2 AudioCodes Ltd 22 0.01 18 Shikun & Binui Ltd 34 0.01
– Bayside Land Corp 51 0.01 11 Shufersal Ltd 71 0.01
– Big Shopping Centers Ltd 27 0.01 – SodaStream International Ltd 53 0.01
– Blue Square Real Estate Ltd 11 – 1 Tower Semiconductor Ltd 17 –
– Brack Capital Properties NV 19 – 2,312 0.44
1 Camtek Ltd 12 – Italy - 1.35%
1 Carasso Motors Ltd 7 – 137 A2A SpA 231 0.04
4 Cellcom Israel Ltd 32 0.01 5 ACEA SpA 61 0.01
2 Clal Insurance Enterprises Holdings Ltd 34 0.01 8 Amplifon SpA 135 0.03
5 Compugen Ltd 15 – 25 Anima Holding SpA 107 0.02
– Danel Adir Yeoshua Ltd 17 – 1 Aquafil SpA 10 –
3 Delek Automotive Systems Ltd 16 – 13 Arnoldo Mondadori Editore SpA 22 –
– Delek Group Ltd 54 0.01 8 Ascopiave SpA 28 0.01
1 Delta-Galil Industries Ltd 21 0.01 6 Astaldi SpA 3 –
1 Direct Insurance Financial Investments Ltd 10 – 11 Autogrill SpA 103 0.02
24 El Al Israel Airlines 8 – 2 Avio SpA 21 –
1 Electra Consumer Products 1970 Ltd 6 – 10 Azimut Holding SpA 124 0.02
– Electra Ltd 46 0.01 2,220 Banca Carige SpA 5 –
2 Elron Electronic Industries Ltd 5 – 8 Banca Farmafactoring SpA 40 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 168
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Italy - 1.35% (continued) Italy - 1.35% (continued)
5 Banca Generali SpA 109 0.02 21 Reno de Medici SpA 16 –
2 Banca IFIS SpA 38 0.01 2 Reply SpA 104 0.02
23 Banca Mediolanum SpA 139 0.03 17 Retelit SpA 31 0.01
8 Banca Monte dei Paschi di Siena SpA 14 – 6 Rizzoli Corriere Della Sera Mediagroup SpA 7 –
31 Banca Popolare di Sondrio SCPA 97 0.02 1 Sabaf SpA 14 –
4 Banca Sistema SpA 8 – 1 SAES Getters SpA 24 –
128 Banco BPM SpA 300 0.06 2 Safilo Group SpA 4 –
4 Banco di Desio e della Brianza SpA 8 – 56 Saipem SpA 247 0.05
8 BE 8 – 13 Salini Impregilo SpA 26 –
1 Biesse SpA 27 0.01 5 Salvatore Ferragamo SpA 108 0.02
38 BPER Banca 155 0.03 50 Saras SpA 97 0.02
13 Brembo SpA 148 0.03 1 Sesa SpA 26 –
3 Brunello Cucinelli SpA 97 0.02 15 Societa Cattolica di Assicurazioni SC 123 0.02
7 Buzzi Unicem SpA 129 0.02 6 Societa Iniziative Autostradali e Servizi SpA 81 0.02
8 Cairo Communication SpA 30 0.01 6 Sogefi SpA 10 –
5 Carraro SpA 11 – 4 SOL SpA 51 0.01
5 Cementir Holding SpA 27 0.01 12 Tamburi Investment Partners SpA 75 0.01
18 Cerved Group SpA 136 0.03 9 Technogym SpA 105 0.02
48 CIR-Compagnie Industriali Riunite SpA 49 0.01 1 Tinexta Spa 6 –
8 Credito Emiliano SpA 45 0.01 197 Tiscali SpA 4 –
717 Credito Valtellinese SpA 66 0.01 1 Tod's SpA 51 0.01
26 d'Amico International Shipping SA 4 – 9 TREVI - Finanziaria Industriale SpA 3 –
1 Danieli & C Officine Meccaniche SpA 24 – 2 Unieuro SpA 21 –
2 Datalogic SpA 49 0.01 91 Unione di Banche Italiane SpA 293 0.06
5 De' Longhi SpA 142 0.03 37 Unipol Gruppo SpA 155 0.03
9 DeA Capital SpA 13 – 80 UnipolSai Assicurazioni SpA 186 0.04
2 DiaSorin SpA 163 0.03 3 Zignago Vetro SpA 26 –
22 Enav SpA 104 0.02 7,134 1.35
4 ERG SpA 81 0.02 Japan - 8.49%
2 Esprinet SpA 8 – 6 77 Bank Ltd 124 0.02
14 Falck Renewables SpA 37 0.01 5 Access Co Ltd 47 0.01
4 Fiera Milano SpA 20 – 1 Achilles Corp 26 –
2 Fila SpA 28 0.01 28 AD Works Co Ltd 10 –
46 Fincantieri SpA 54 0.01 2 Adastria Co Ltd 37 0.01
30 FinecoBank Banca Fineco SpA 319 0.06 6 ADEKA Corp 103 0.02
16 GEDI Gruppo Editoriale SpA 7 – 3 Advan Co Ltd 25 0.01
5 Geox SpA 8 – 1 Advance Create Co Ltd 16 –
2 Gruppo MutuiOnline SpA 40 0.01 – Adventure Inc 19 –
74 Hera SpA 204 0.04 2 Aeon Delight Co Ltd 56 0.01
2 IMA Industria Macchine Automatiche SpA 100 0.02 1 Aeon Fantasy Co Ltd 22 0.01
13 IMMSI SpA 6 – 2 Aeon Hokkaido Corp 12 –
7 Infrastrutture Wireless Italiane SpA 48 0.01 1 Aeria Inc 6 –
6 Interpump Group SpA 193 0.04 2 Ahresty Corp 10 –
62 Iren SpA 135 0.03 3 Ai Holdings Corp 62 0.01
40 Italgas SpA 217 0.04 1 Aichi Bank Ltd 31 0.01
1 Italmobiliare SpA 32 0.01 5 Aichi Corp 29 0.01
1 IVS Group SA 10 – 1 Aichi Steel Corp 39 0.01
52 Juventus Football Club SpA 65 0.01 – Aichi Tokei Denki Co Ltd 14 –
1 La Doria SpA 12 – 5 Aida Engineering Ltd 42 0.01
19 Leonardo SpA 189 0.04 24 Aiful Corp 67 0.01
12 Maire Tecnimont SpA 48 0.01 1 Aiphone Co Ltd 18 –
3 MARR SpA 64 0.01 3 Airport Facilities Co Ltd 17 –
2 Massimo Zanetti Beverage Group SpA 10 – 4 Aisan Industry Co Ltd 32 0.01
26 Mediaset SpA 82 0.02 1 AIT Corp 11 –
3 Mondo TV SpA 6 – 3 Aizawa Securities Co Ltd 18 –
4 Nice SpA 11 – 1 Ajis Co Ltd 27 0.01
1 Openjobmetis Spa agenzia per il lavoro 12 – – Akatsuki Inc 20 0.01
14 OVS SpA 25 – 9 Akebono Brake Industry Co Ltd 17 –
17 Parmalat SpA 52 0.01 2 Akita Bank Ltd 37 0.01
15 Piaggio & C SpA 31 0.01 1 Albis Co Ltd 18 –
– Prima Industrie SpA 11 – 2 Alconix Corp 21 0.01
9 RAI Way SpA 45 0.01 2 Alinco Inc 21 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 169
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 8.49% (continued) Japan - 8.49% (continued)
1 Alpen Co Ltd 22 0.01 1 Bourbon Corp 12 –
1 Alpha Corp 7 – 1 BrainPad Inc 39 0.01
1 Alpha Systems Inc 31 0.01 9 Broadleaf Co Ltd 51 0.01
4 Alpine Electronics Inc 71 0.01 1 Bronco Billy Co Ltd 24 0.01
2 Alps Logistics Co Ltd 18 – 5 Bunka Shutter Co Ltd 35 0.01
1 Altech Corp 26 – 1 C Uyemura & Co Ltd 33 0.01
4 Amano Corp 95 0.02 2 CAC Holdings Corp 18 –
1 Amiyaki Tei Co Ltd 22 0.01 1 Can Do Co Ltd 13 –
1 Amuse Inc 19 – 2 Canon Electronics Inc 40 0.01
2 Anest Iwata Corp 21 0.01 2 Carlit Holdings Co Ltd 16 –
2 Anicom Holdings Inc 50 0.01 2 Cawachi Ltd 35 0.01
– AOI Electronics Co Ltd 9 – 1 Central Automotive Products Ltd 17 –
2 AOI TYO Holdings Inc 17 – 4 Central Glass Co Ltd 94 0.02
3 AOKI Holdings Inc 41 0.01 1 Central Security Patrols Co Ltd 28 0.01
2 Aomori Bank Ltd 55 0.01 1 Central Sports Co Ltd 27 0.01
3 Aoyama Trading Co Ltd 84 0.02 5 Chiba Kogyo Bank Ltd 19 –
1 Aoyama Zaisan Networks Co Ltd 19 – 2 Chilled & Frozen Logistics Holdings Co Ltd 24 0.01
2 Arakawa Chemical Industries Ltd 33 0.01 2 Chiyoda Co Ltd 33 0.01
1 Arata Corp 39 0.01 16 Chiyoda Corp 45 0.01
2 Arcland Sakamoto Co Ltd 33 0.01 1 Chiyoda Integre Co Ltd 24 0.01
2 Arcland Service Holdings Co Ltd 44 0.01 2 Chofu Seisakusho Co Ltd 38 0.01
3 Arcs Co Ltd 78 0.01 1 Chori Co Ltd 23 0.01
43 Ardepro Co Ltd 23 0.01 2 Chubu Shiryo Co Ltd 30 0.01
1 Arealink Co Ltd 9 – 3 Chudenko Corp 62 0.01
1 Argo Graphics Inc 32 0.01 1 Chuetsu Pulp & Paper Co Ltd 8 –
4 Arisawa Manufacturing Co Ltd 28 0.01 14 Chugoku Bank Ltd 133 0.03
1 Artnature Inc 8 – 6 Chugoku Marine Paints Ltd 55 0.01
1 As One Corp 103 0.02 1 Chukyo Bank Ltd 23 0.01
2 Asahi Co Ltd 26 0.01 2 CI Takiron Corp 11 –
5 Asahi Diamond Industrial Co Ltd 33 0.01 1 Ci:z Holdings Co Ltd 57 0.01
3 Asahi Holdings Inc 60 0.01 20 Citizen Watch Co Ltd 108 0.02
1 Asahi Kogyosha Co Ltd 15 – 1 CK San-Etsu Co Ltd 12 –
2 Asahi Yukizai Corp 29 0.01 3 CKD Corp 31 0.01
1 Asanuma Corp 21 0.01 2 Clarion Co Ltd 53 0.01
1 Ashimori Industry Co Ltd 8 – 1 Cleanup Corp 9 –
3 Asia Pile Holdings Corp 18 – 2 CMIC Holdings Co Ltd 29 0.01
2 ASKA Pharmaceutical Co Ltd 17 – 5 CMK Corp 37 0.01
1 Asukanet Co Ltd 15 – 1 cocokara fine Inc 69 0.01
2 Asunaro Aoki Construction Co Ltd 21 0.01 5 COLOPL Inc 38 0.01
1 Ateam Inc 7 – 4 Colowide Co Ltd 88 0.02
7 Atom Corp 59 0.01 2 Computer Engineering & Consulting Ltd 35 0.01
2 Atsugi Co Ltd 18 – 3 Computer Institute of Japan Ltd 19 –
5 Autobacs Seven Co Ltd 83 0.02 1 Comture Corp 24 0.01
4 Avex Inc 48 0.01 1 CONEXIO Corp 18 –
4 Awa Bank Ltd 101 0.02 4 COOKPAD Inc 14 –
1 Axial Retailing Inc 43 0.01 2 Corona Corp 23 0.01
3 Bando Chemical Industries Ltd 30 0.01 4 Cosel Co Ltd 37 0.01
1 Bank of Iwate Ltd 51 0.01 1 Cota Co Ltd 12 –
1 Bank of Nagoya Ltd 32 0.01 3 Create Restaurants Holdings Inc 39 0.01
2 Bank of Okinawa Ltd 51 0.01 2 Create SD Holdings Co Ltd 57 0.01
2 Bank of Saga Ltd 31 0.01 1 Creek & River Co Ltd 13 –
3 Bank of the Ryukyus Ltd 34 0.01 1 Cresco Ltd 17 –
1 Bank of Toyama Ltd 20 0.01 1 CTI Engineering Co Ltd 14 –
2 Baroque Japan Ltd 20 0.01 2 CTS Co Ltd 11 –
1 BayCurrent Consulting Inc 22 0.01 4 Cybozu Inc 23 0.01
2 Beenos Inc 23 0.01 2 Dai Nippon Toryo Co Ltd 22 0.01
1 Belc Co Ltd 48 0.01 1 Dai-Dan Co Ltd 32 0.01
2 Bell System24 Holdings Inc 29 0.01 1 Dai-ichi Seiko Co Ltd 15 –
4 Belluna Co Ltd 43 0.01 5 Daibiru Corp 51 0.01
1 Bengo4.com Inc 28 0.01 1 Daido Kogyo Co Ltd 12 –
1 Biofermin Pharmaceutical Co Ltd 17 – 3 Daido Metal Co Ltd 25 0.01
2 BML Inc 59 0.01 2 Daido Steel Co Ltd 72 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 170
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 8.49% (continued) Japan - 8.49% (continued)
3 Daidoh Ltd 11 – 4 eRex Co Ltd 27 0.01
3 Daihatsu Diesel Manufacturing Co Ltd 20 0.01 4 ES-Con Japan Ltd 25 0.01
2 Daihen Corp 44 0.01 2 ESPEC Corp 32 0.01
2 Daiho Corp 50 0.01 1 Excel Co Ltd 14 –
1 Daiichi Jitsugyo Co Ltd 35 0.01 2 Exedy Corp 59 0.01
1 Daiichi Kensetsu Corp 18 – 2 F-Tech Inc 17 –
2 Daiichi Kigenso Kagaku-Kogyo Co Ltd 16 – 3 F@N Communications Inc 16 –
1 Daiken Corp 22 0.01 1 Falco Holdings Co Ltd 10 –
1 Daiken Medical Co Ltd 7 – 3 FCC Co Ltd 68 0.01
5 Daiki Aluminium Industry Co Ltd 29 0.01 1 FDK Corp 15 –
2 Daikoku Denki Co Ltd 22 0.01 12 Feed One Co Ltd 22 0.01
– Daikokutenbussan Co Ltd 16 – 4 Ferrotec Holdings Corp 33 0.01
4 Daikyo Inc 92 0.02 – FFRI Inc 11 –
4 Daikyonishikawa Corp 38 0.01 13 FIDEA Holdings Co Ltd 17 –
1 Dainichiseika Color & Chemicals Manufacturing Co 1 Fields Corp 11 –
Ltd 35 0.01
6 Financial Products Group Co Ltd 65 0.01
4 Daio Paper Corp 54 0.01
2 FINDEX Inc 11 –
3 Daiseki Co Ltd 74 0.01
1 First Juken Co Ltd 8 –
4 Daishi Hokuetsu Financial Group Inc 128 0.02
2 Fixstars Corp 24 0.01
1 Daishinku Corp 5 –
1 FJ Next Co Ltd 11 –
1 Daito Pharmaceutical Co Ltd 30 0.01
2 Foster Electric Co Ltd 29 0.01
1 Daitron Co Ltd 14 –
1 France Bed Holdings Co Ltd 12 –
3 Daiwa Industries Ltd 32 0.01
1 Freund Corp 4 –
1 Daiwabo Holdings Co Ltd 67 0.01
2 Fudo Tetra Corp 33 0.01
2 Daiyu Lic Holdings Co Ltd 23 0.01
2 Fuji Co Ltd 45 0.01
8 DCM Holdings Co Ltd 79 0.02
6 Fuji Corp Ltd 80 0.02
1 DD Holdings Co Ltd 13 –
2 Fuji Corp Ltd 18 –
1 Denki Kogyo Co Ltd 31 0.01
2 Fuji Kyuko Co Ltd 54 0.01
2 Denyo Co Ltd 23 0.01
5 Fuji Oil Co Ltd 15 –
3 Descente Ltd 61 0.01
2 Fuji Pharma Co Ltd 34 0.01
4 Dexerials Corp 38 0.01
3 Fuji Seal International Inc 103 0.02
1 Digital Arts Inc 52 0.01
1 Fuji Soft Inc 59 0.01
2 Digital Hearts Holdings Co Ltd 22 0.01
1 Fujibo Holdings Inc 36 0.01
2 Digital Information Technologies Corp 24 0.01
2 Fujicco Co Ltd 37 0.01
3 Dip Corp 61 0.01
3 Fujikura Kasei Co Ltd 14 –
1 DKS Co Ltd 15 –
22 Fujikura Ltd 97 0.02
8 DMG Mori Co Ltd 119 0.02
2 Fujimi Inc 37 0.01
3 Doshisha Co Ltd 46 0.01
1 Fujimori Kogyo Co Ltd 40 0.01
3 Doutor Nichires Holdings Co Ltd 57 0.01
1 Fujio Food System Co Ltd 15 –
4 Dowa Holdings Co Ltd 121 0.02
1 Fujita Kanko Inc 20 0.01
1 Dream Incubator Inc 18 –
5 Fujitec Co Ltd 59 0.01
2 DTS Corp 58 0.01
2 Fujitsu Frontech Ltd 20 0.01
4 Duskin Co Ltd 90 0.02
5 Fujitsu General Ltd 69 0.01
1 DyDo Group Holdings Inc 44 0.01
1 Fujiya Co Ltd 22 0.01
1 E-Guardian Inc 28 0.01
1 Fukuda Corp 33 0.01
2 Eagle Industry Co Ltd 30 0.01
1 Fukuda Denshi Co Ltd 36 0.01
1 Ebara Jitsugyo Co Ltd 16 –
2 Fukui Bank Ltd 37 0.01
6 EDION Corp 61 0.01
1 Fukui Computer Holdings Inc 14 –
2 EF-ON INC 18 –
2 Fukushima Bank Ltd 11 –
2 eGuarantee Inc 24 0.01
1 Fukushima Industries Corp 39 0.01
4 Ehime Bank Ltd 40 0.01
2 FULLCAST Holdings Co Ltd 37 0.01
2 Eighteenth Bank Ltd 45 0.01
2 Funai Electric Co Ltd 13 –
3 Eiken Chemical Co Ltd 78 0.01
3 Funai Soken Holdings Inc 61 0.01
1 Eizo Corp 42 0.01
2 Furukawa Battery Co Ltd 15 –
1 Elan Corp 19 –
3 Furukawa Co Ltd 39 0.01
2 Elecom Co Ltd 50 0.01
2 Furuno Electric Co Ltd 24 –
1 Elematec Corp 26 0.01
1 Furusato Industries Ltd 15 –
1 EM Systems Co Ltd 11 –
1 Furyu Corp 13 –
2 Endo Lighting Corp 11 –
2 Fuso Chemical Co Ltd 44 0.01
5 Eneres Co Ltd 28 0.01
1 Fuso Pharmaceutical Industries Ltd 15 –
1 Enigmo Inc 11 –
3 Futaba Corp 53 0.01
1 Enplas Corp 31 0.01
6 Futaba Industrial Co Ltd 30 0.01
3 EPS Holdings Inc 58 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 171
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 8.49% (continued) Japan - 8.49% (continued)
2 Future Corp 31 0.01 1 Hokkaido Gas Co Ltd 19 –
2 Fuyo General Lease Co Ltd 97 0.02 1 Hokkan Holdings Ltd 21 0.01
1 G-7 Holdings Inc 14 – 3 Hokko Chemical Industry Co Ltd 13 –
2 G-Tekt Corp 24 – 2 Hokkoku Bank Ltd 71 0.01
– Gakken Holdings Co Ltd 8 – 12 Hokuetsu Corp 60 0.01
1 Gakkyusha Co Ltd 12 – 2 Hokuetsu Industries Co Ltd 27 0.01
2 Gakujo Co Ltd 23 0.01 10 Hokuhoku Financial Group Inc 125 0.02
2 Gecoss Corp 19 – 1 Hokuriku Electric Industry Co Ltd 9 –
1 Genki Sushi Co Ltd 22 0.01 11 Hokuriku Electric Power Co 98 0.02
1 Genky DrugStores Co Ltd 26 0.01 2 Hokuriku Electrical Construction Co Ltd 15 –
2 Geo Holdings Corp 30 0.01 2 Hokuto Corp 36 0.01
2 Giken Ltd 55 0.01 2 Honda Tsushin Kogyo Co Ltd 12 –
1 GL Sciences Inc 8 – 2 Honeys Holdings Co Ltd 18 –
1 Globeride Inc 31 0.01 1 Hoosiers Holdings 8 –
5 Glory Ltd 121 0.02 5 Hosiden Corp 39 0.01
4 GMO Financial Holdings Inc 21 0.01 1 Hosokawa Micron Corp 27 0.01
5 GMO internet Inc 65 0.01 2 Hotland Co Ltd 24 0.01
1 Godo Steel Ltd 24 0.01 1 House Do Co Ltd 11 –
2 Goldcrest Co Ltd 28 0.01 2 Howa Machinery Ltd 13 –
1 Goldwin Inc 52 0.01 20 Hyakugo Bank Ltd 81 0.02
2 Golf Digest Online Inc 13 – 2 Hyakujushi Bank Ltd 53 0.01
1 Grace Technology Inc 21 0.01 1 I'rom Group Co Ltd 16 –
10 Gree Inc 43 0.01 1 I-Net Corp 15 –
5 GS Yuasa Corp 107 0.02 1 IBJ Inc 8 –
– Gun-Ei Chemical Industry Co Ltd 8 – 3 IBJ Leasing Co Ltd 62 0.01
1 Gunosy Inc 24 0.01 1 Ichibanya Co Ltd 53 0.01
1 Gunze Ltd 39 0.01 7 Ichigo Inc 23 0.01
3 Gurunavi Inc 21 0.01 1 Ichiken Co Ltd 19 –
2 H-One Co Ltd 21 0.01 4 Ichikoh Industries Ltd 25 0.01
7 H2O Retailing Corp 125 0.02 2 Ichinen Holdings Co Ltd 31 0.01
– HABA Laboratories Inc 31 0.01 5 Ichiyoshi Securities Co Ltd 39 0.01
2 Hagihara Industries Inc 27 0.01 2 Icom Inc 31 0.01
1 Hagiwara Electric Holdings Co Ltd 20 0.01 2 Idec Corp 53 0.01
1 Hakudo Co Ltd 16 – 7 IDOM Inc 35 0.01
2 Hakuto Co Ltd 19 – 1 Ihara Science Corp 13 –
1 Halows Co Ltd 11 – 10 Iino Kaiun Kaisha Ltd 38 0.01
1 Hamakyorex Co Ltd 48 0.01 1 IJT Technology Holdings Co Ltd 8 –
3 Hanwa Co Ltd 78 0.01 2 Imagica Group Inc 9 –
2 Happinet Corp 34 0.01 2 Imasen Electric Industrial 18 –
3 Harima Chemicals Group Inc 26 0.01 1 Imuraya Group Co Ltd 25 0.01
15 Hazama Ando Corp 91 0.02 2 Inaba Denki Sangyo Co Ltd 79 0.02
4 Heiwa Real Estate Co Ltd 62 0.01 1 Inaba Seisakusho Co Ltd 13 –
2 Heiwado Co Ltd 56 0.01 3 Inabata & Co Ltd 43 0.01
3 Helios Techno Holding Co Ltd 17 – 1 Infocom Corp 38 0.01
3 HI-LEX Corp 53 0.01 7 Infomart Corp 91 0.02
1 Hibiya Engineering Ltd 24 0.01 1 Information Services International-Dentsu Ltd 31 0.01
1 Hiday Hidaka Corp 30 0.01 3 Innotech Corp 27 0.01
1 Hioki EE Corp 22 0.01 1 Insource Co Ltd 22 0.01
1 Hirakawa Hewtech Corp 12 – 3 Intage Holdings Inc 25 0.01
7 Hiramatsu Inc 21 0.01 1 Inter Action Corp 32 0.01
1 Hirano Tecseed Co Ltd 18 – 2 Internet Initiative Japan Inc 44 0.01
1 Hirata Corp 27 0.01 3 Inui Global Logistics Co Ltd 24 0.01
1 Hiroshima Electric Railway Co Ltd 11 – 1 Iriso Electronics Co Ltd 53 0.01
5 Hiroshima Gas Co Ltd 17 – 2 Iseki & Co Ltd 29 0.01
2 Hisaka Works Ltd 16 – 3 Ishihara Sangyo Kaisha Ltd 32 0.01
14 Hitachi Zosen Corp 48 0.01 3 Istyle Inc 27 0.01
1 Hito Communications Inc 17 – 4 Itochu Enex Co Ltd 41 0.01
1 Hochiki Corp 12 – – Itochu-Shokuhin Co Ltd 19 –
1 Hodogaya Chemical Co Ltd 14 – 4 Itoki Corp 24 0.01
2 Hogy Medical Co Ltd 54 0.01 1 Itokuro Inc 24 0.01
1 Hokkaido Coca-Cola Bottling Co Ltd 20 0.01 3 IwaiCosmo Holdings Inc 32 0.01
16 Hokkaido Electric Power Co Inc 108 0.02 5 Iwaki & Co Ltd 23 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 172
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 8.49% (continued) Japan - 8.49% (continued)
2 Iwatani Corp 77 0.01 1 Kansai Super Market Ltd 11 –
– Iwatsuka Confectionery Co Ltd 12 – 4 Kanto Denka Kogyo Co Ltd 33 0.01
6 J Trust Co Ltd 30 0.01 2 Kappa Create Co Ltd 30 0.01
1 J-Oil Mills Inc 39 0.01 4 Kasai Kogyo Co Ltd 31 0.01
1 JAC Recruitment Co Ltd 29 0.01 3 Katakura Industries Co Ltd 27 0.01
2 Jaccs Co Ltd 44 0.01 2 Kato Sangyo Co Ltd 65 0.01
3 Jafco Co Ltd 92 0.02 1 Kato Works Co Ltd 21 0.01
1 Jalux Inc 15 – – Kawada Technologies Inc 30 0.01
1 Jamco Corp 14 – 1 Kawai Musical Instruments Manufacturing Co Ltd 21 0.01
3 Janome Sewing Machine Co Ltd 14 – 7 Kawasaki Kisen Kaisha Ltd 97 0.02
4 Japan Asia Group Ltd 14 – 1 Kawasumi Laboratories Inc 8 –
30 Japan Asset Marketing Co Ltd 32 0.01 4 Keihanshin Building Co Ltd 31 0.01
5 Japan Aviation Electronics Industry Ltd 59 0.01 3 Keihin Corp 52 0.01
1 Japan Cash Machine Co Ltd 11 – 9 Keiyo Bank Ltd 60 0.01
57 Japan Display Inc 35 0.01 4 Keiyo Co Ltd 20 –
1 Japan Elevator Service Holdings Co Ltd 11 – 14 Kenedix Inc 66 0.01
1 Japan Investment Adviser Co Ltd 29 0.01 1 Kenko Mayonnaise Co Ltd 18 –
4 Japan Lifeline Co Ltd 60 0.01 2 Key Coffee Inc 42 0.01
5 Japan Material Co Ltd 59 0.01 2 KH Neochem Co Ltd 54 0.01
1 Japan Meat Co Ltd 19 – 1 Ki-Star Real Estate Co Ltd 10 –
3 Japan Medical Dynamic Marketing Inc 37 0.01 – Kinki Sharyo Co Ltd 8 –
2 Japan Petroleum Exploration Co Ltd 50 0.01 1 Kintetsu Department Store Co Ltd 26 0.01
1 Japan Property Management Center Co Ltd 11 – 3 Kintetsu World Express Inc 44 0.01
1 Japan Pulp & Paper Co Ltd 28 0.01 1 Kirindo Holdings Co Ltd 11 –
11 Japan Securities Finance Co Ltd 63 0.01 2 Kissei Pharmaceutical Co Ltd 65 0.01
5 Japan Steel Works Ltd 93 0.02 1 Kita-Nippon Bank Ltd 20 0.01
1 Japan Transcity Corp 4 – 1 Kitagawa Corp 27 0.01
6 Japan Wool Textile Co Ltd 47 0.01 1 Kitano Construction Corp 22 0.01
1 Jastec Co Ltd 11 – 7 Kitanotatsujin Corp 33 0.01
2 JBCC Holdings Inc 36 0.01 3 Kito Corp 43 0.01
1 JCR Pharmaceuticals Co Ltd 62 0.01 5 Kitz Corp 44 0.01
2 JCU Corp 33 0.01 6 Kiyo Bank Ltd 88 0.02
3 Jeol Ltd 44 0.01 4 KLab Inc 39 0.01
– JIG-SAW Inc 11 – 1 KNT-CT Holdings Co Ltd 15 –
13 Jimoto Holdings Inc 17 – 2 Koa Corp 23 –
1 JINS Inc 74 0.01 4 Koatsu Gas Kogyo Co Ltd 31 0.01
1 JK Holdings Co Ltd 8 – 2 Kobe Bussan Co Ltd 46 0.01
1 Joban Kosan Co Ltd 14 – 1 Kobe Electric Railway Co Ltd 25 –
2 Joshin Denki Co Ltd 38 0.01 2 Kohnan Shoji Co Ltd 52 0.01
5 JP-Holdings Inc 13 – 1 Kohsoku Corp 11 –
2 JSP Corp 32 0.01 5 Kojima Co Ltd 24 –
3 Juki Corp 40 0.01 1 Kokusai Co Ltd 9 –
3 Juroku Bank Ltd 62 0.01 3 Kokuyo Co Ltd 49 0.01
3 Justsystems Corp 63 0.01 4 Komatsu Matere Co Ltd 33 0.01
8 JVC Kenwood Corp 21 0.01 1 Komatsu Wall Industry Co Ltd 17 –
2 K&O Energy Group Inc 22 0.01 4 Komeda Holdings Co Ltd 77 0.01
13 kabu.com Securities Co Ltd 50 0.01 1 Komehyo Co Ltd 6 –
5 Kadokawa Dwango 64 0.01 3 Komeri Co Ltd 72 0.01
– Kadoya Sesame Mills Inc 21 0.01 5 Komori Corp 57 0.01
2 Kaga Electronics Co Ltd 42 0.01 4 Konaka Co Ltd 16 –
1 Kakiyasu Honten Co Ltd 22 0.01 1 Kondotec Inc 12 –
1 Kameda Seika Co Ltd 57 0.01 3 Konishi Co Ltd 55 0.01
2 Kamei Corp 28 0.01 2 Konoike Transport Co Ltd 38 0.01
3 Kanaden Corp 32 0.01 4 Koshidaka Holdings Co Ltd 49 0.01
1 Kanagawa Chuo Kotsu Co Ltd 28 0.01 2 Kotobuki Spirits Co Ltd 64 0.01
1 Kanamic Network Co Ltd 12 – 1 Kourakuen Holdings Corp 24 –
2 Kanamoto Co Ltd 53 0.01 – Krosaki Harima Corp 18 –
8 Kandenko Co Ltd 83 0.02 1 KRS Corp 11 –
1 Kaneko Seeds Co Ltd 13 – 2 KU Holdings Co Ltd 17 –
6 Kanematsu Corp 72 0.01 3 Kumagai Gumi Co Ltd 105 0.02
1 Kanematsu Electronics Ltd 35 0.01 8 Kumiai Chemical Industry Co Ltd 50 0.01
7 Kansai Mirai Financial Group Inc 60 0.01 1 Kura Corp 38 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 173
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 8.49% (continued) Japan - 8.49% (continued)
1 Kurabo Industries Ltd 38 0.01 2 Medical System Network Co Ltd 8 –
1 Kureha Corp 98 0.02 1 Megachips Corp 27 0.01
1 Kurimoto Ltd 16 – 3 Megmilk Snow Brand Co Ltd 92 0.02
– Kuriyama Holdings Corp 7 – 3 Meidensha Corp 35 0.01
2 KYB Corp 55 0.01 1 Meiji Electric Industries Co Ltd 11 –
1 Kyodo Printing Co Ltd 23 – 2 Meiko Electronics Co Ltd 34 0.01
2 Kyoei Steel Ltd 37 0.01 2 Meiko Network Japan Co Ltd 21 –
1 Kyokuto Boeki Kaisha Ltd 16 – 2 Meisei Industrial Co Ltd 15 –
2 Kyokuto Kaihatsu Kogyo Co Ltd 33 0.01 2 Meitec Corp 95 0.02
2 Kyokuto Securities Co Ltd 27 0.01 1 Meito Sangyo Co Ltd 18 –
1 Kyokuyo Co Ltd 14 – 3 Meiwa Corp 12 –
4 KYORIN Holdings Inc 84 0.02 2 Menicon Co Ltd 53 0.01
2 Kyoritsu Maintenance Co Ltd 90 0.02 2 Michinoku Bank Ltd 24 –
5 Kyosan Electric Manufacturing Co Ltd 22 – 2 Micronics Japan Co Ltd 20 –
2 Kyowa Leather Cloth Co Ltd 16 – 7 Mie Kotsu Group Holdings Inc 38 0.01
2 LAC Co Ltd 22 – 4 Mikuni Corp 19 –
– Lacto Japan Co Ltd 21 – 2 Milbon Co Ltd 93 0.02
4 Lasertec Corp 114 0.02 3 Mimaki Engineering Co Ltd 21 –
2 LEC Inc 29 0.01 2 Mimasu Semiconductor Industry Co Ltd 23 –
21 Leopalace21 Corp 93 0.02 2 Ministop Co Ltd 37 0.01
1 Life Corp 29 0.01 4 Miraca Holdings Inc 93 0.02
4 Lifull Co Ltd 30 0.01 6 Mirait Holdings Corp 91 0.02
1 Like Co Ltd 19 – 1 Miroku Jyoho Service Co Ltd 30 0.01
2 Linical Co Ltd 23 – 3 Misawa Homes Co Ltd 24 –
4 Link & Motivation Inc 39 0.01 2 Mitani Corp 82 0.02
3 Lintec Corp 72 0.01 1 Mitani Sekisan Co Ltd 28 0.01
1 M&A Capital Partners Co Ltd 19 – 5 Mito Securities Co Ltd 15 –
5 Macnica Fuji Electronics Holdings Inc 71 0.01 2 Mitsuba Corp 14 –
2 Macromill Inc 23 – 1 Mitsubishi Kakoki Kaisha Ltd 14 –
8 Maeda Corp 79 0.02 3 Mitsubishi Logisnext Co Ltd 36 0.01
1 Maeda Kosen Co Ltd 32 0.01 2 Mitsubishi Paper Mills Ltd 10 –
4 Maeda Road Construction Co Ltd 83 0.02 4 Mitsubishi Pencil Co Ltd 71 0.01
1 Maezawa Kasei Industries Co Ltd 7 – 1 Mitsubishi Research Institute Inc 24 –
1 Maezawa Kyuso Industries Co Ltd 15 – 1 Mitsubishi Shokuhin Co Ltd 32 0.01
2 Makino Milling Machine Co Ltd 82 0.02 1 Mitsubishi Steel Manufacturing Co Ltd 18 –
2 Mamezou Holdings Co Ltd 17 – 2 Mitsuboshi Belting Ltd 41 0.01
3 Mandom Corp 97 0.02 8 Mitsui E&S Holdings Co Ltd 84 0.02
2 Mani Inc 94 0.02 3 Mitsui High-Tec Inc 34 0.01
2 MarkLines Co Ltd 23 – 2 Mitsui Matsushima Holdings Co Ltd 26 –
1 Mars Group Holdings Corp 14 – 4 Mitsui Mining & Smelting Co Ltd 92 0.02
1 Marubun Corp 6 – 1 Mitsui Sugar Co Ltd 37 0.01
2 Marudai Food Co Ltd 39 0.01 2 Mitsui-Soko Holdings Co Ltd 35 0.01
3 Maruha Nichiro Corp 118 0.02 3 Mitsuuroko Group Holdings Co Ltd 16 –
1 Maruka Machinery Co Ltd 12 – 1 Mixi Inc 21 –
3 Marusan Securities Co Ltd 26 – 1 Miyaji Engineering Group Inc 23 –
1 Maruwa Co Ltd 46 0.01 2 Miyazaki Bank Ltd 43 0.01
1 Maruwa Unyu Kikan Co Ltd 36 0.01 2 Mizuno Corp 41 0.01
1 Maruzen Co Ltd 21 – 1 Mochida Pharmaceutical Co Ltd 109 0.02
2 Maruzen Showa Unyu Co Ltd 44 0.01 2 Modec Inc 47 0.01
3 Marvelous Inc 23 – 15 Monex Group Inc 56 0.01
2 Matsuda Sangyo Co Ltd 20 – 1 Monogatari Corp 49 0.01
3 Matsui Construction Co Ltd 23 – 1 MORESCO Corp 12 –
3 Matsuya Co Ltd 40 0.01 3 Morinaga Milk Industry Co Ltd 85 0.02
1 Matsuyafoods Holdings Co Ltd 24 – 3 Morita Holdings Corp 49 0.01
3 Max Co Ltd 39 0.01 2 Morito Co Ltd 11 –
4 Maxell Holdings Ltd 51 0.01 – Morozoff Ltd 14 –
1 Maxvalu Nishinihon Co Ltd 22 – 1 Mory Industries Inc 17 –
1 Maxvalu Tokai Co Ltd 20 – 1 MrMax Holdings Ltd 6 –
4 MCJ Co Ltd 31 0.01 2 MTI Ltd 11 –
2 MEC Co Ltd 24 – 1 Mugen Estate Co Ltd 5 –
1 Media Do Holdings Co Ltd 15 – 1 Murakami Corp 17 –
2 Medical Data Vision Co Ltd 18 – 4 Musashi Seimitsu Industry Co Ltd 70 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 174
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 8.49% (continued) Japan - 8.49% (continued)
2 Musashino Bank Ltd 60 0.01 11 Nippon Kayaku Co Ltd 143 0.03
– Mutoh Holdings Co Ltd 2 – 1 Nippon Kinzoku Co Ltd 6 –
1 N Field Co Ltd 14 – 1 Nippon Kodoshi Corp 17 –
1 Nachi-Fujikoshi Corp 47 0.01 1 Nippon Koei Co Ltd 29 0.01
1 Nafco Co Ltd 10 – 48 Nippon Light Metal Holdings Co Ltd 108 0.02
1 Nagano Bank Ltd 20 – 7 Nippon Paper Industries Co Ltd 130 0.02
1 Nagano Keiki Co Ltd 12 – 12 Nippon Parking Development Co Ltd 17 –
9 Nagase & Co Ltd 128 0.02 1 Nippon Pillar Packing Co Ltd 18 –
1 Nagatanien Holdings Co Ltd 25 – 1 Nippon Piston Ring Co Ltd 20 –
– Nagawa Co Ltd 22 – 1 Nippon Road Co Ltd 27 0.01
2 Nakabayashi Co Ltd 9 – 4 Nippon Seiki Co Ltd 86 0.02
1 Nakamuraya Co Ltd 28 0.01 – Nippon Seisen Co Ltd 9 –
5 Nakanishi Inc 87 0.02 1 Nippon Sharyo Ltd 19 –
3 Nakayama Steel Works Ltd 13 – 9 Nippon Sheet Glass Co Ltd 74 0.01
4 Namura Shipbuilding Co Ltd 20 – 4 Nippon Signal Company Ltd 36 0.01
3 Nanto Bank Ltd 59 0.01 2 Nippon Soda Co Ltd 52 0.01
1 Natori Co Ltd 21 – 1 Nippon Steel & Sumikin Bussan Corp 66 0.01
2 NEC Capital Solutions Ltd 22 – 22 Nippon Suisan Kaisha Ltd 134 0.03
2 NEC Networks & System Integration Corp 42 0.01 1 Nippon Systemware Co Ltd 15 –
6 NET One Systems Co Ltd 129 0.02 5 Nippon Thompson Co Ltd 27 0.01
3 Neturen Co Ltd 27 0.01 14 Nippon Yakin Kogyo Co Ltd 34 0.01
3 Nextage Co Ltd 32 0.01 10 Nishi-Nippon Financial Holdings Inc 109 0.02
1 Nexyz Group Corp 21 – 4 Nishi-Nippon Railroad Co Ltd 103 0.02
4 Nichi-iko Pharmaceutical Co Ltd 57 0.01 1 Nishikawa Rubber Co Ltd 24 –
4 Nichias Corp 82 0.02 4 Nishimatsu Construction Co Ltd 93 0.02
2 Nichiban Co Ltd 30 0.01 5 Nishimatsuya Chain Co Ltd 44 0.01
3 Nichicon Corp 26 – 2 Nishio Rent All Co Ltd 59 0.01
1 Nichiden Corp 23 – 7 Nissan Shatai Co Ltd 57 0.01
3 Nichiha Corp 71 0.01 6 Nissan Tokyo Sales Holdings Co Ltd 19 –
4 NichiiGakkan Co Ltd 35 0.01 1 Nissei ASB Machine Co Ltd 22 –
1 Nichireki Co Ltd 14 – 2 Nissei Plastic Industrial Co Ltd 20 –
1 Nichirin Co Ltd 29 0.01 3 Nissha Co Ltd 47 0.01
– Nihon Chouzai Co Ltd 13 – 4 Nisshin Fudosan Co 16 –
3 Nihon Dempa Kogyo Co Ltd 11 – 2 Nisshin Oillio Group Ltd 75 0.01
1 Nihon Dengi Co Ltd 23 – 5 Nisshin Steel Co Ltd 62 0.01
1 Nihon Eslead Corp 14 – 12 Nisshinbo Holdings Inc 112 0.02
1 Nihon Flush Co Ltd 18 – 1 Nissin Corp 24 –
6 Nihon House Holdings Co Ltd 28 0.01 4 Nissin Electric Co Ltd 34 0.01
1 Nihon Kagaku Sangyo Co Ltd 14 – 4 Nissin Kogyo Co Ltd 51 0.01
3 Nihon Nohyaku Co Ltd 17 – 1 Nissin Sugar Co Ltd 19 –
9 Nihon Parkerizing Co Ltd 112 0.02 1 Nissui Pharmaceutical Co Ltd 11 –
1 Nihon Plast Co Ltd 10 – 2 Nitta Corp 55 0.01
2 Nihon Tokushu Toryo Co Ltd 23 – 1 Nittetsu Mining Co Ltd 29 0.01
5 Nikkiso Co Ltd 45 0.01 3 Nitto Boseki Co Ltd 52 0.01
– Nikko Co Ltd 4 – 3 Nitto FC Co Ltd 19 –
4 Nikkon Holdings Co Ltd 109 0.02 2 Nitto Kogyo Corp 34 0.01
2 Nippon Air Conditioning Services Co Ltd 11 – 1 Nitto Kohki Co Ltd 20 –
1 Nippon Beet Sugar Manufacturing Co Ltd 17 – 2 Nitto Seiko Co Ltd 10 –
– Nippon Carbide Industries Co Inc 7 – 1 Nittoc Construction Co Ltd 4 –
1 Nippon Carbon Co Ltd 38 0.01 1 Nittoku Engineering Co Ltd 26 –
2 Nippon Ceramic Co Ltd 50 0.01 1 Noda Corp 8 –
2 Nippon Chemi-Con Corp 33 0.01 1 Noevir Holdings Co Ltd 33 0.01
1 Nippon Chemical Industrial Co Ltd 19 – 1 Nohmi Bosai Ltd 28 0.01
19 Nippon Coke & Engineering Co Ltd 18 – 2 Nojima Corp 55 0.01
2 Nippon Commercial Development Co Ltd 26 – 4 Nomura Co Ltd 94 0.02
5 Nippon Concrete Industries Co Ltd 14 – 1 Noritake Co Ltd 40 0.01
14 Nippon Denko Co Ltd 32 0.01 2 Noritsu Koki Co Ltd 31 0.01
3 Nippon Densetsu Kogyo Co Ltd 63 0.01 3 Noritz Corp 40 0.01
1 Nippon Fine Chemical Co Ltd 13 – 22 North Pacific Bank Ltd 63 0.01
4 Nippon Flour Mills Co Ltd 74 0.01 1 Nozawa Corp 8 –
3 Nippon Gas Co Ltd 90 0.02 – NS Tool Co Ltd 9 –
1 Nippon Hume Corp 12 – 1 NS United Kaiun Kaisha Ltd 19 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 175
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 8.49% (continued) Japan - 8.49% (continued)
3 NSD Co Ltd 68 0.01 39 Prospect Co Ltd 8 –
33 NTN Corp 112 0.02 2 Proto Corp 30 0.01
1 NuFlare Technology Inc 27 0.01 4 PS Mitsubishi Construction Co Ltd 22 –
6 OAK Capital Corp 8 – 2 Punch Industry Co Ltd 12 –
1 Obara Group Inc 52 0.01 2 Qol Holdings Co Ltd 27 0.01
1 Odelic Co Ltd 22 – 2 Quick Co Ltd 24 –
6 Oenon Holdings Inc 21 – 5 Raito Kogyo Co Ltd 74 0.01
3 Ogaki Kyoritsu Bank Ltd 64 0.01 2 Rakus Co Ltd 30 0.01
1 Ohashi Technica Inc 12 – 1 Rasa Industries Ltd 15 –
1 Ohsho Food Service Corp 77 0.01 2 Raysum Co Ltd 18 –
2 Oiles Corp 31 0.01 9 RECOMM Co Ltd 21 –
1 Oita Bank Ltd 44 0.01 4 Relia Inc 35 0.01
3 Okabe Co Ltd 29 0.01 1 Renaissance Inc 23 –
1 Okamoto Industries Inc 42 0.01 2 RENOVA Inc 23 –
5 Okamura Corp 72 0.01 7 Resorttrust Inc 115 0.02
13 Okasan Securities Group Inc 64 0.01 2 Retail Partners Co Ltd 29 0.01
7 Oki Electric Industry Co Ltd 90 0.02 1 Rheon Automatic Machinery Co Ltd 18 –
1 Okinawa Cellular Telephone Co 36 0.01 1 Rhythm Watch Co Ltd 11 –
3 Okinawa Electric Power Co Inc 56 0.01 2 Ricoh Leasing Co Ltd 49 0.01
2 OKUMA Corp 80 0.02 2 Right On Co Ltd 13 –
2 Okumura Corp 73 0.01 1 Riken Corp 45 0.01
– Okura Industrial Co Ltd 8 – 1 Riken Keiki Co Ltd 29 0.01
1 Okuwa Co Ltd 11 – 2 Riken Technos Corp 7 –
2 Onoken Co Ltd 22 – 1 Riken Vitamin Co Ltd 31 0.01
7 Onward Holdings Co Ltd 44 0.01 2 Ringer Hut Co Ltd 46 0.01
1 Ootoya Holdings Co Ltd 14 – 1 Rion Co Ltd 11 –
2 Open Door Inc 44 0.01 2 Riso Kagaku Corp 39 0.01
2 Optex Group Co Ltd 49 0.01 11 Riso Kyoiku Co Ltd 38 0.01
1 Organo Corp 22 – 1 Rock Field Co Ltd 18 –
1 Osaka Organic Chemical Industry Ltd 16 – 1 Rokko Butter Co Ltd 27 0.01
1 Osaka Soda Co Ltd 23 – 1 Roland DG Corp 24 –
1 Osaka Steel Co Ltd 25 – 1 Rorze Corp 15 –
2 OSAKA Titanium Technologies Co Ltd 32 0.01 6 Round One Corp 68 0.01
4 Osaki Electric Co Ltd 29 0.01 2 Royal Holdings Co Ltd 58 0.01
5 OSG Corp 97 0.02 1 RS Technologies Co Ltd 27 0.01
17 OSJB Holdings Corp 52 0.01 2 Ryobi Ltd 52 0.01
2 Otsuka Kagu Ltd 5 – 1 Ryoden Corp 14 –
7 Outsourcing Inc 90 0.02 2 Ryosan Co Ltd 44 0.01
2 Oyo Corp 21 – 3 Ryoyo Electro Corp 43 0.01
1 Ozu Corp 19 – 1 S Foods Inc 48 0.01
3 Pacific Industrial Co Ltd 51 0.01 1 S&B Foods Inc 41 0.01
2 Pacific Metals Co Ltd 44 0.01 1 S-Pool Inc 22 –
1 Pack Corp 23 – 1 Sac's Bar Holdings Inc 13 –
1 PAL GROUP Holdings Co Ltd 30 0.01 3 Saibu Gas Co Ltd 68 0.01
2 Paramount Bed Holdings Co Ltd 72 0.01 3 Saizeriya Co Ltd 54 0.01
2 Parco Co Ltd 28 0.01 1 Sakai Chemical Industry Co Ltd 22 –
3 Paris Miki Holdings Inc 11 – 1 Sakai Moving Service Co Ltd 45 0.01
2 Pasona Group Inc 22 – 3 Sakata INX Corp 38 0.01
2 PC Depot Corp 8 – 2 Sakura Internet Inc 12 –
1 Pegasus Sewing Machine Manufacturing Co Ltd 7 – 5 Sala Corp 27 0.01
22 Penta-Ocean Construction Co Ltd 142 0.03 3 SAMTY Co Ltd 34 0.01
1 Pepper Food Service Co Ltd 47 0.01 1 San Holdings Inc 16 –
2 Pilot Corp 102 0.02 2 San ju San Financial Group Inc 31 0.01
2 Piolax Inc 56 0.01 2 San-A Co Ltd 71 0.01
31 Pioneer Corp 25 – 5 San-Ai Oil Co Ltd 57 0.01
2 Plenus Co Ltd 35 0.01 13 San-In Godo Bank Ltd 103 0.02
1 Poletowin Pitcrew Holdings Inc 32 0.01 2 Sanden Holdings Corp 17 –
9 Press Kogyo Co Ltd 48 0.01 1 Sanei Architecture Planning Co Ltd 17 –
4 Pressance Corp 45 0.01 6 Sangetsu Corp 109 0.02
4 Prestige International Inc 48 0.01 2 Sanken Electric Co Ltd 47 0.01
3 Prima Meat Packers Ltd 49 0.01 4 Sanki Engineering Co Ltd 41 0.01
1 Pronexus Inc 10 – 2 Sankyo Seiko Co Ltd 9 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 176
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 8.49% (continued) Japan - 8.49% (continued)
3 Sankyo Tateyama Inc 30 0.01 5 Showa Corp 61 0.01
3 Sanoh Industrial Co Ltd 19 – 2 Showa Sangyo Co Ltd 40 0.01
2 Sansei Technologies Inc 27 0.01 1 SigmaXYZ Inc 13 –
2 Sansha Electric Manufacturing Co Ltd 18 – 3 Siix Corp 51 0.01
2 Sanshin Electronics Co Ltd 27 0.01 1 Sinanen Holdings Co Ltd 15 –
1 Sanyo Chemical Industries Ltd 59 0.01 2 Sinfonia Technology Co Ltd 30 0.01
2 Sanyo Electric Railway Co Ltd 38 0.01 2 Sinko Industries Ltd 32 0.01
1 Sanyo Housing Nagoya Co Ltd 6 – 4 Sintokogio Ltd 33 0.01
1 Sanyo Shokai Ltd 14 – 1 SK-Electronics Co Ltd 21 –
2 Sanyo Special Steel Co Ltd 41 0.01 14 SKY Perfect JSAT Holdings Inc 67 0.01
2 Sanyo Trading Co Ltd 32 0.01 1 SMK Corp 14 –
5 Sapporo Holdings Ltd 104 0.02 4 SMS Co Ltd 72 0.01
2 Sato Holdings Corp 58 0.01 3 SNT Corp 10 –
1 Sato Shoji Corp 10 – 5 Sodick Co Ltd 36 0.01
1 Satori Electric Co Ltd 9 – 1 Softbank Technology Corp 22 –
3 Sawada Holdings Co Ltd 28 0.01 1 Softcreate Holdings Corp 21 –
1 Sawai Pharmaceutical Co Ltd 53 0.01 – Software Service Inc 17 –
2 SBS Holdings Inc 24 – 2 Sogo Medical Holdings Co Ltd 52 0.01
3 Scala Inc 22 – 1 Soken Chemical & Engineering Co Ltd 15 –
4 Scroll Corp 17 – 3 Solasto Corp 33 0.01
– Secom Joshinetsu Co Ltd 9 – 10 SourceNext Corp 65 0.01
1 Seed Co Ltd 17 – 1 Space Co Ltd 10 –
1 Seika Corp 9 – 2 Space Value Holdings Co Ltd 21 –
3 Seikagaku Corp 44 0.01 11 Sparx Group Co Ltd 23 –
5 Seikitokyu Kogyo Co Ltd 31 0.01 1 SRA Holdings 19 –
3 Seiko Holdings Corp 58 0.01 1 Srg Takamiya Co Ltd 4 –
5 Seiren Co Ltd 80 0.02 1 St Marc Holdings Co Ltd 29 0.01
3 Sekisui Jushi Corp 51 0.01 2 Star Mica Co Ltd 35 0.01
2 Sekisui Plastics Co Ltd 15 – 3 Star Micronics Co Ltd 42 0.01
8 Senko Group Holdings Co Ltd 64 0.01 3 Starts Corp Inc 59 0.01
– Senshu Electric Co Ltd 9 – 1 Starzen Co Ltd 19 –
22 Senshu Ikeda Holdings Inc 66 0.01 1 Stella Chemifa Corp 28 0.01
2 Senshukai Co Ltd 6 – 1 Studio Alice Co Ltd 30 0.01
– Shibaura Electronics Co Ltd 16 – 1 Sugimoto & Co Ltd 17 –
1 Shibaura Mechatronics Corp 22 – 2 Sumida Corp 30 0.01
2 Shibusawa Warehouse Co Ltd 23 – – Suminoe Textile Co Ltd 10 –
1 Shibuya Corp 44 0.01 1 Sumitomo Densetsu Co Ltd 22 –
1 Shift Inc 22 – 14 Sumitomo Mitsui Construction Co Ltd 87 0.02
4 Shiga Bank Ltd 93 0.02 3 Sumitomo Osaka Cement Co Ltd 153 0.03
3 Shikoku Bank Ltd 42 0.01 1 Sumitomo Precision Products Co Ltd 19 –
3 Shikoku Chemicals Corp 33 0.01 4 Sumitomo Riko Co Ltd 34 0.01
2 Shima Seiki Manufacturing Ltd 71 0.01 1 Sumitomo Seika Chemicals Co Ltd 21 –
3 Shimachu Co Ltd 87 0.02 5 Sumitomo Warehouse Co Ltd 67 0.01
1 Shimizu Bank Ltd 10 – 2 Sun Corp 9 –
1 Shin Nippon Air Technologies Co Ltd 18 – 3 Sun Frontier Fudousan Co Ltd 29 0.01
3 Shin-Etsu Polymer Co Ltd 23 – 1 Sun-Wa Technos Corp 10 –
1 Shinagawa Refractories Co Ltd 23 – 3 Suncall Corp 21 –
1 Shindengen Electric Manufacturing Co Ltd 29 0.01 1 Sushiro Global Holdings Ltd 49 0.01
2 Shinkawa Ltd 7 – 3 SWCC Showa Holdings Co Ltd 17 –
8 Shinko Electric Industries Co Ltd 53 0.01 4 Systena Corp 57 0.01
4 Shinko Plantech Co Ltd 42 0.01 2 Syuppin Co Ltd 19 –
1 Shinko Shoji Co Ltd 22 – 2 T Hasegawa Co Ltd 29 0.01
7 Shinmaywa Industries Ltd 92 0.02 1 T RAD Co Ltd 18 –
2 Shinnihon Corp 25 – 2 T&K Toka Co Ltd 21 –
2 Shinoken Group Co Ltd 16 – 2 T-Gaia Corp 41 0.01
1 Shinsho Corp 17 – 3 Tachi-S Co Ltd 39 0.01
1 Shinwa Co Ltd 28 0.01 2 Tachibana Eletech Co Ltd 28 0.01
3 Ship Healthcare Holdings Inc 108 0.02 2 Tachikawa Corp 18 –
4 Shizuoka Gas Co Ltd 34 0.01 7 Tadano Ltd 88 0.02
1 Shoei Co Ltd 27 0.01 1 Taihei Dengyo Kaisha Ltd 25 –
1 Shoei Foods Corp 43 0.01 2 Taiho Kogyo Co Ltd 15 –
1 Shofu Inc 15 – 2 Taikisha Ltd 59 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 177
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 8.49% (continued) Japan - 8.49% (continued)
1 Taiko Bank Ltd 9 – 3 Tokyo Kiraboshi Financial Group Inc 51 0.01
1 Taisei Lamick Co Ltd 16 – 3 Tokyo Ohka Kogyo Co Ltd 105 0.02
2 Taiyo Holdings Co Ltd 48 0.01 – Tokyo Rakutenchi Co Ltd 4 –
2 Takamatsu Construction Group Co Ltd 38 0.01 1 Tokyo Rope Manufacturing Co Ltd 12 –
2 Takaoka Toko Co Ltd 25 – 4 Tokyo Seimitsu Co Ltd 108 0.02
8 Takara Leben Co Ltd 25 – 10 Tokyo Steel Manufacturing Co Ltd 84 0.02
3 Takara Standard Co Ltd 53 0.01 – Tokyo Tekko Co Ltd 5 –
1 Takasago International Corp 41 0.01 2 Tokyotokeiba Co Ltd 60 0.01
5 Takasago Thermal Engineering Co Ltd 83 0.02 7 Tokyu Construction Co Ltd 75 0.01
1 Take And Give Needs Co Ltd 14 – 3 Toli Corp 9 –
2 Takeei Corp 13 – 1 Tomato Bank Ltd 8 –
3 Takeuchi Manufacturing Co Ltd 51 0.01 1 Tomoku Co Ltd 10 –
5 Takuma Co Ltd 76 0.01 12 TOMONY Holdings Inc 49 0.01
2 Tama Home Co Ltd 18 – 8 Tomy Co Ltd 95 0.02
1 Tamron Co Ltd 21 – 1 Tonami Holdings Co Ltd 34 0.01
6 Tamura Corp 37 0.01 9 Topcon Corp 133 0.03
4 Tanseisha Co Ltd 41 0.01 5 Toppan Forms Co Ltd 46 0.01
4 Tateru Inc 13 – 3 Topre Corp 59 0.01
5 Tatsuta Electric Wire and Cable Co Ltd 21 – 1 Topy Industries Ltd 28 0.01
2 Tayca Corp 27 0.01 2 Toridoll Holdings Corp 35 0.01
3 TBK Co Ltd 10 – 1 Torigoe Co Ltd 10 –
2 TechMatrix Corp 30 0.01 2 Torii Pharmaceutical Co Ltd 37 0.01
1 Techno Associe Co Ltd 6 – 1 Torikizoku Co Ltd 16 –
2 Tecnos Japan Inc 17 – 1 Torishima Pump Manufacturing Co Ltd 7 –
3 Teikoku Electric Manufacturing Co Ltd 39 0.01 3 Tosei Corp 28 0.01
2 Teikoku Sen-I Co Ltd 41 0.01 2 Toshiba Machine Co Ltd 39 0.01
1 Tekken Corp 24 – 3 Toshiba Plant Systems & Services Corp 72 0.01
2 Tenma Corp 28 0.01 2 Toshiba TEC Corp 51 0.01
1 Tenpos Holdings Co Ltd 11 – 1 Tosho Co Ltd 49 0.01
2 TKC Corp 54 0.01 4 Tosho Printing Co Ltd 26 –
2 Toa Corp (Hyogo) 26 – 1 Totech Corp 25 –
1 Toa Corp (Tokyo) 15 – 2 Totetsu Kogyo Co Ltd 62 0.01
1 Toa Oil Co Ltd 18 – 1 Tottori Bank Ltd 14 –
1 Toa Road Corp 20 – 3 Tow Co Ltd 24 –
10 Toagosei Co Ltd 108 0.02 3 Towa Bank Ltd 25 –
2 Tobishima Corp 23 – 2 Towa Corp 12 –
5 TOC Co Ltd 34 0.01 1 Towa Pharmaceutical Co Ltd 37 0.01
5 Tocalo Co Ltd 47 0.01 8 Toyo Construction Co Ltd 28 0.01
8 Tochigi Bank Ltd 21 – 3 Toyo Corp 26 –
1 Toda Kogyo Corp 11 – 1 Toyo Denki Seizo KK 11 –
1 Toei Animation Co Ltd 35 0.01 3 Toyo Engineering Corp 22 –
1 Toei Co Ltd 61 0.01 3 Toyo Ink SC Holdings Co Ltd 79 0.02
1 Toenec Corp 22 – 1 Toyo Kanetsu KK 19 –
18 Toho Bank Ltd 58 0.01 1 Toyo Machinery & Metal Co Ltd 6 –
1 Toho Co Ltd 13 – 7 Toyo Securities Co Ltd 13 –
3 Toho Holdings Co Ltd 90 0.02 1 Toyo Tanso Co Ltd 22 –
2 Toho Titanium Co Ltd 25 – 6 Toyobo Co Ltd 94 0.02
1 Toho Zinc Co Ltd 24 – 2 TPR Co Ltd 45 0.01
1 Tohoku Bank Ltd 6 – 1 Trancom Co Ltd 35 0.01
1 Tohokushinsha Film Corp 3 – – Tri Chemical Laboratories Inc 16 –
2 Tokai Corp 39 0.01 1 Trusco Nakayama Corp 28 0.01
7 TOKAI Holdings Corp 59 0.01 1 Trust Tech Inc 26 –
4 Tokai Rika Co Ltd 76 0.01 6 TSI Holdings Co Ltd 41 0.01
15 Tokai Tokyo Financial Holdings Inc 73 0.01 4 Tsubaki Nakashima Co Ltd 62 0.01
1 Token Corp 43 0.01 2 Tsubakimoto Chain Co 90 0.02
1 Tokushu Tokai Paper Co Ltd 45 0.01 1 Tsubakimoto Kogyo Co Ltd 18 –
4 Tokuyama Corp 110 0.02 4 Tsugami Corp 32 0.01
2 Tokyo Base Co Ltd 9 – 1 Tsukada Global Holdings Inc 4 –
6 Tokyo Dome Corp 52 0.01 3 Tsukishima Kikai Co Ltd 29 0.01
1 Tokyo Electron Device Ltd 10 – 9 Tsukuba Bank Ltd 20 –
3 Tokyo Energy & Systems Inc 25 – 4 Tsukui Corp 34 0.01
1 Tokyo Keiki Inc 9 – 2 Tsurumi Manufacturing Co Ltd 30 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 178
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 8.49% (continued) Japan - 8.49% (continued)
1 Tsutsumi Jewelry Co Ltd 10 – 1 Yasunaga Corp 14 –
1 TV Asahi Holdings Corp 26 – 1 Yellow Hat Ltd 37 0.01
1 TV Tokyo Holdings Corp 29 0.01 2 Yodogawa Steel Works Ltd 41 0.01
3 U-Shin Ltd 23 – 2 Yokogawa Bridge Holdings Corp 38 0.01
3 UACJ Corp 67 0.01 4 Yokohama Reito Co Ltd 36 0.01
1 Uchida Yoko Co Ltd 21 – 1 Yokowo Co Ltd 17 –
1 UKC Holdings Corp 24 – 1 Yomeishu Seizo Co Ltd 11 –
1 Ulvac Inc 18 – – Yomiuri Land Co Ltd 15 –
1 UMC Electronics Co Ltd 18 – 1 Yondoshi Holdings Inc 30 0.01
1 Umenohana Co Ltd 11 – 1 Yorozu Corp 17 –
1 Uniden Holdings Corp 20 – 4 Yoshinoya Holdings Co Ltd 65 0.01
– Union Tool Co 10 – 2 Yuasa Trading Co Ltd 50 0.01
4 Unipres Corp 72 0.01 2 Yume No Machi Souzou Iinkai Co Ltd 46 0.01
1 United Arrows Ltd 47 0.01 3 Yumeshin Holdings Co Ltd 27 0.01
1 UNITED Inc 18 – 3 Yurtec Corp 28 0.01
5 United Super Markets Holdings Inc 62 0.01 2 Yushiro Chemical Industry Co Ltd 20 –
4 Unitika Ltd 19 – 1 Zenitaka Corp 24 –
3 Unizo Holdings Co Ltd 55 0.01 2 Zenrin Co Ltd 55 0.01
9 Ushio Inc 96 0.02 6 ZIGExN Co Ltd 37 0.01
2 UT Group Co Ltd 51 0.01 4 Zojirushi Corp 41 0.01
– Uzabase Inc 10 – 1 Zuiko Corp 16 –
– V Technology Co Ltd 56 0.01 2 Zuken Inc 34 0.01
3 Valor Holdings Co Ltd 67 0.01 44,693 8.49
2 Valqua Ltd 39 0.01 Netherlands - 0.85%
2 Value Commerce Co Ltd 25 – 7 Aalberts Industries NV 242 0.05
2 Vector Inc 29 0.01 2 Accell Group NV 51 0.01
2 VIA Holdings Inc 13 – 37 Altice Europe NV 89 0.02
1 Vision Inc 42 0.01 2 AMG Advanced Metallurgical Group NV 86 0.02
4 Vital KSK Holdings Inc 40 0.01 1 Amsterdam Commodities NV 29 0.01
2 Vitec Holdings Co Ltd 32 0.01 3 APERAM SA 94 0.02
7 VT Holdings Co Ltd 27 0.01 6 Arcadis NV 70 0.01
4 Wacoal Holdings Corp 118 0.02 3 ASM International NV 123 0.02
13 Wacom Co Ltd 68 0.01 7 ASR Nederland NV 309 0.06
1 Wakachiku Construction Co Ltd 21 – 3 Basic-Fit NV 87 0.02
3 Wakita & Co Ltd 38 0.01 5 BE Semiconductor Industries NV 114 0.02
1 Warabeya Nichiyo Holdings Co Ltd 17 – 2 Beter Bed Holding NV 9 –
1 Watahan & Co Ltd 17 – 7 BinckBank NV 36 0.01
2 WATAMI Co Ltd 24 – 8 Boskalis Westminster 210 0.04
1 WDB Holdings Co Ltd 23 – 2 Brunel International NV 25 –
1 Weathernews Inc 20 – 4 Corbion NV 127 0.02
2 West Holdings Corp 20 – 2 Flow Traders 75 0.01
2 Will Group Inc 17 – 4 ForFarmers NV 43 0.01
1 WIN-Partners Co Ltd 11 – 7 Fugro NV 87 0.02
1 Wood One Co Ltd 10 – 8 Gemalto NV 431 0.07
1 World Holdings Co Ltd 15 – 3 GrandVision NV 60 0.01
1 Wowow Inc 15 – 3 Heijmans NV 31 0.01
3 Xebio Holdings Co Ltd 32 0.01 1 Hunter Douglas NV 39 0.01
3 YA-MAN Ltd 45 0.01 4 IMCD NV 288 0.05
1 Yagi & Co Ltd 9 – 4 Intertrust NV 62 0.01
3 Yahagi Construction Co Ltd 18 – 2 KAS Bank NV 14 –
1 Yakuodo Co Ltd 24 – 1 Kendrion NV 34 0.01
2 Yamabiko Corp 28 0.01 21 Koninklijke BAM Groep NV 65 0.01
1 Yamada Consulting Group Co Ltd 14 – 6 Koninklijke Vopak NV 281 0.05
3 Yamagata Bank Ltd 55 0.01 – Lucas Bols BV 9 –
3 Yamaichi Electronics Co Ltd 37 0.01 1 Nederland Apparatenfabriek 28 0.01
3 Yamanashi Chuo Bank Ltd 44 0.01 7 OCI NV 150 0.03
1 Yamatane Corp 24 – 12 Ordina NV 21 –
3 Yamato Kogyo Co Ltd 72 0.01 33 PostNL NV 99 0.02
5 Yamazen Corp 56 0.01 16 SBM Offshore NV 237 0.05
1 Yaoko Co Ltd 84 0.02 1 SIF Holding NV 10 –
1 Yashima Denki Co Ltd 10 – 8 Signify NV 205 0.04
2 Yasuda Logistics Corp 19 – 2 Sligro Food Group NV 99 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 179
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Netherlands - 0.85% (continued) Norway - 0.34% (continued)
2 Takeaway.com NV 94 0.02 16 FLEX LNG Ltd 28 0.01
3 TKH Group NV 138 0.03 10 Frontline Ltd 71 0.01
8 TomTom NV 76 0.01 9 Funcom NV 19 –
1 Van Lanschot Kempen NV 29 0.01 4 Grieg Seafood ASA 54 0.01
5 Wessanen 52 0.01 8 Hexagon Composites ASA 22 0.01
4,458 0.85 3 Hoegh LNG Holdings Ltd 13 –
New Zealand - 0.25% 42 Kongsberg Automotive ASA 44 0.01
22 Arvida Group Ltd 19 – 2 Kongsberg Gruppen ASA 24 –
4 Briscoe Group Ltd 9 – 10 Kvaerner ASA 14 –
39 Chorus Ltd 129 0.02 69 NEL ASA 38 0.01
3 Ebos Group Ltd 48 0.01 2 Nordic Nanovector ASA 21 –
9 Freightways Ltd 43 0.01 14 Nordic Semiconductor ASA 61 0.01
34 Genesis Energy Ltd 60 0.01 1 Norway Royal Salmon ASA 24 0.01
3 Gentrack Group Ltd 12 – 2 Norwegian Air Shuttle ASA 51 0.01
4 Hallenstein Glasson Holdings Ltd 16 – 8 Norwegian Finans Holding ASA 70 0.01
33 Heartland Group Holdings Ltd 34 0.01 9 Norwegian Property ASA 12 –
44 Infratil Ltd 109 0.02 5 Ocean Yield ASA 41 0.01
15 Kathmandu Holdings Ltd 27 0.01 9 Odfjell Drilling Ltd 29 0.01
4 Mainfreight Ltd 81 0.02 2 Olav Thon Eiendomsselskap ASA 37 0.01
11 Metlifecare Ltd 43 0.01 10 Otello Corp ASA 14 –
18 New Zealand Refining Co Ltd 29 0.01 4 Panoro Energy ASA 7 –
37 NZME Ltd 13 – 28 Petroleum Geo-Services ASA 61 0.01
13 NZX Ltd 9 – 3 Prosafe SE 5 –
29 Oceania Healthcare Ltd 22 0.01 5 Protector Forsikring ASA 24 0.01
50 PGG Wrightson Ltd 20 – 209 REC Silicon ASA 17 –
9 Pushpay Holdings Ltd 20 – 7 Sbanken ASA 69 0.01
5 Restaurant Brands New Zealand Ltd 31 0.01 10 Scatec Solar ASA 88 0.02
2 Sanford Ltd 9 – 3 Selvaag Bolig ASA 16 –
6 Scales Corp Ltd 20 – 13 Solstad Offshore ASA 3 –
11 Skellerup Holdings Ltd 15 – 3 Spectrum ASA 17 –
25 SKY Network Television Ltd 40 0.01 3 Stolt-Nielsen Ltd 37 0.01
45 SKYCITY Entertainment Group Ltd 110 0.02 61 Thin Film Electronics ASA 6 –
7 Steel & Tube Holdings Ltd 6 – 6 Treasure ASA 8 –
16 Summerset Group Holdings Ltd 74 0.01 9 Veidekke ASA 99 0.02
3 Synlait Milk Ltd 22 0.01 1 Wilh Wilhelmsen Holding ASA 16 –
9 Tourism Holdings Ltd 31 0.01 7 XXL ASA 33 0.01
19 Tower Ltd 10 – 1,815 0.34
23 Trade Me Group Ltd 98 0.02 Portugal - 0.16%
5 Trustpower Ltd 21 0.01 7 Altri SGPS SA 55 0.01
10 Turners Automotive Group Ltd 17 – 833 Banco Comercial Portugues SA 235 0.05
8 Vista Group International Ltd 21 – 15 CTT-Correios de Portugal SA 61 0.01
8 Warehouse Group Ltd 12 – 12 Mota-Engil SGPS SA 24 –
14 Z Energy Ltd 57 0.01 22 Navigator Co SA 92 0.02
1,337 0.25 25 NOS SGPS SA 156 0.03
Norway - 0.34% 43 REN - Redes Energeticas Nacionais SGPS SA 116 0.02
42 ABG Sundal Collier Holding ASA 23 – 3 Semapa-Sociedade de Investimento e Gestao 41 0.01
1 AF Gruppen ASA 24 – 17 Sonae Capital SGPS SA 16 –
18 Akastor ASA 27 0.01 70 Sonae SGPS SA 66 0.01
13 Aker Solutions ASA 65 0.01 6 Teixeira Duarte SA 1 –
4 American Shipping Co ASA 16 – 863 0.16
10 Archer Ltd 7 – Singapore - 0.35%
7 Atea ASA 98 0.02 36 Accordia Golf Trust 14 –
8 Avance Gas Holding Ltd 18 – 10 AEM Holdings Ltd 7 –
11 Axactor SE 28 0.01 72 Ascendas India Trust 54 0.01
26 B2Holding ASA 42 0.01 34 Avarga Ltd 5 –
2 Bonheur ASA 19 – 21 Best World International Ltd 35 0.01
8 Borregaard ASA 74 0.01 9 Boustead Projects Ltd 5 –
7 BW LPG Ltd 28 0.01 31 Boustead Singapore Ltd 18 –
9 BW Offshore Ltd 37 0.01 3 BreadTalk Group Ltd 2 –
47 DNO ASA 79 0.02 15 Bukit Sembawang Estates Ltd 61 0.01
8 DOF ASA 4 – 28 China Aviation Oil Singapore Corp Ltd 26 0.01
12 Europris ASA 33 0.01 20 China Sunsine Chemical Holdings Ltd 18 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 180
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Singapore - 0.35% (continued) Singapore - 0.35% (continued)
46 Chip Eng Seng Corp Ltd 25 0.01 31 Valuetronics Holdings Ltd 15 –
24 Chuan Hup Holdings Ltd 5 – 27 Wheelock Properties Singapore Ltd 41 0.01
53 CITIC Envirotech Ltd 17 – 29 Wing Tai Holdings Ltd 41 0.01
62 COSCO Shipping International Singapore Co Ltd 17 – 25 Yongnam Holdings Ltd 3 –
3 Creative Technology Ltd 14 – 1,867 0.35
54 CSE Global Ltd 17 – Spain - 0.81%
21 Del Monte Pacific Ltd 2 – 3 Acciona SA 266 0.05
19 Delfi Ltd 18 – 16 Acerinox SA 158 0.03
456 Ezion Holdings Ltd 20 0.01 1 Adveo Group International SA – –
205 Ezra Holdings Ltd 2 – 3 Alantra Partners SA 39 0.01
12 Far East Orchard Ltd 11 – 5 Almirall SA 92 0.02
40 First Resources Ltd 48 0.01 89 Amper SA 27 0.01
46 Fragrance Group Ltd 4 – 13 Applus Services SA 155 0.03
136 Gallant Venture Ltd 13 – 6 Atresmedia Corp de Medios de Comunicacion SA 34 0.01
63 GL Ltd 34 0.01 – Baron de Ley 40 0.01
516 Golden Agri-Resources Ltd 93 0.02 5 Bolsas y Mercados Espanoles SA 154 0.03
22 GuocoLand Ltd 27 0.01 9 Cellnex Telecom SA 251 0.05
8 Halcyon Agri Corp Ltd 2 – 5 Cia de Distribucion Integral Logista Holdings SA 117 0.02
12 Haw Par Corp Ltd 112 0.02 5 CIE Automotive SA 114 0.02
25 Health Management International Ltd 10 – 2 Construcciones y Auxiliar de Ferrocarriles SA 67 0.01
16 Hi-P International Ltd 12 – 45 Distribuidora Internacional de Alimentacion SA 34 0.01
16 Ho Bee Land Ltd 28 0.01 251 Duro Felguera SA 4 –
39 Hong Fok Corp Ltd 19 – 6 Ebro Foods SA 123 0.02
25 Hong Leong Finance Ltd 47 0.01 5 eDreams Odigeo SA 19 –
17 Hotel Grand Central Ltd 16 – 2 Elecnor SA 29 0.01
244 Hutchison Port Holdings Trust 64 0.01 14 Enagas SA 396 0.07
32 Indofood Agri Resources Ltd 5 – 8 Ence Energia y Celulosa SA 52 0.01
40 Japfa Ltd 21 0.01 10 Ercros SA 43 0.01
200 Keppel Infrastructure Trust 67 0.01 6 Euskaltel SA 52 0.01
5 Keppel Telecommunications & Transportation Ltd 7 – 27 Faes Farma SA 106 0.02
19 Lian Beng Group Ltd 7 – 6 Fluidra SA 72 0.01
26 M1 Ltd 39 0.01 7 Fomento de Construcciones y Contratas SA 97 0.02
27 Mandarin Oriental International Ltd 55 0.01 8 Global Dominion Access SA 41 0.01
33 Metro Holdings Ltd 26 0.01 3 Grupo Catalana Occidente SA 137 0.03
109 Midas Holdings Ltd 6 – 24 Grupo Ezentis SA 18 –
62 mm2 Asia Ltd 16 – 1 Iberpapel Gestion SA 33 0.01
128 Nam Cheong Ltd 1 – 10 Indra Sistemas SA 102 0.02
5 NSL Ltd 4 – 1 Laboratorios Farmaceuticos Rovi SA 22 –
20 OUE Ltd 22 0.01 153 Liberbank SA 73 0.01
67 Oxley Holdings Ltd 15 – – Masmovil Ibercom SA 11 –
23 Pan-United Corp Ltd 5 – 12 Mediaset Espana Comunicacion SA 85 0.02
20 Perennial Real Estate Holdings Ltd 10 – 8 Melia Hotels International SA 83 0.02
35 Q&M Dental Group Singapore Ltd 13 – 1 Miquel y Costas & Miquel SA (non-voting rights) 15 –
63 Raffles Medical Group Ltd 54 0.01 1 Miquel y Costas & Miquel SA (voting rights) 26 –
35 RHT Health Trust 19 – 13 Obrascon Huarte Lain SA 13 –
25 Riverstone Holdings Ltd 23 0.01 5 Papeles y Cartones de Europa SA 96 0.02
10 SBS Transit Ltd 20 0.01 2 Parques Reunidos Servicios Centrales SAU 27 0.01
35 Sheng Siong Group Ltd 28 0.01 19 Pharma Mar SA 23 –
20 SIA Engineering Co Ltd 36 0.01 28 Promotora de Informaciones SA 59 0.01
62 SIIC Environment Holdings Ltd 12 – 19 Prosegur Cia de Seguridad SA 100 0.02
126 Sinarmas Land Ltd 24 0.01 18 Quabit Inmobiliaria SA 34 0.01
112 Singapore Post Ltd 81 0.02 17 Realia Business SA 17 –
49 Sino Grandness Food Industry Group Ltd 5 – 35 Sacyr SA 82 0.02
50 Stamford Land Corp Ltd 18 – 6 Solaria Energia y Medio Ambiente SA 26 –
28 StarHub Ltd 39 0.01 9 Talgo SA 52 0.01
16 Sunningdale Tech Ltd 16 – 3 Tecnicas Reunidas SA 70 0.01
47 Swiber Holdings Ltd 1 – 8 Telepizza Group SA 41 0.01
47 Tuan Sing Holdings Ltd 12 – 13 Tubacex SA 44 0.01
33 UMS Holdings Ltd 15 – 5 Tubos Reunidos SA 1 –
39 United Engineers Ltd 73 0.01 – Vidrala SA (non-voting rights) 7 –
7 United Industrial Corp Ltd 14 – 1 Vidrala SA (voting rights) 113 0.02
42 UOB-Kay Hian Holdings Ltd 36 0.01 3 Viscofan SA 175 0.03
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 181
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Spain - 0.81% (continued) Sweden - 1.13% (continued)
13 Zardoya Otis SA 95 0.02 3 ITAB Shop Concept AB 6 –
4,262 0.81 6 JM AB 109 0.02
Sweden - 1.13% 4 KappAhl AB 11 –
6 AcadeMedia AB 29 0.01 3 Karo Pharma AB 13 –
7 Acando AB 24 – 12 Kindred Group PLC, SDR 117 0.02
2 AddLife AB 40 0.01 46 Klovern AB 52 0.01
5 AddTech AB 109 0.02 2 KNOW IT AB 41 0.01
6 AF AB 120 0.02 16 Kungsleden AB 111 0.02
24 Ahlsell AB 114 0.02 6 Lagercrantz Group AB 60 0.01
4 Alimak Group AB 48 0.01 6 Lindab International AB 46 0.01
13 Arjo AB 43 0.01 4 Loomis AB 146 0.03
5 Atrium Ljungberg AB 82 0.02 2 Mekonomen AB 17 –
9 Attendo AB 86 0.02 2 Momentum Group AB 15 –
2 Avanza Bank Holding AB 125 0.02 3 MQ Holding AB 5 –
3 Beijer Alma AB 45 0.01 7 Mycronic AB 88 0.02
3 Beijer Electronics Group AB 12 – 2 NCC AB 29 0.01
7 Beijer Ref AB 119 0.02 12 NetEnt AB 51 0.01
3 Bergman & Beving AB 27 0.01 5 New Wave Group AB 26 –
12 Betsson AB 94 0.02 11 Nobia AB 67 0.01
7 Bilia AB 62 0.01 9 Nobina AB 58 0.01
11 BillerudKorsnas AB 150 0.03 2 Nolato AB 78 0.01
2 BioGaia AB 61 0.01 2 Nordic Waterproofing Holding AS 14 –
5 Biotage AB 62 0.01 2 NP3 Fastigheter AB 10 –
8 Bonava AB 95 0.02 15 Nyfosa AB 69 0.01
15 Bravida Holding AB 108 0.02 1 OEM International AB 13 –
3 Bufab AB 32 0.01 7 Opus Group AB 4 –
2 Bulten AB 27 0.01 3 Oriflame Holding AG 83 0.02
5 Bure Equity AB 61 0.01 4 Pandox AB 69 0.01
5 Byggmax Group AB 19 – 18 Peab AB 145 0.03
1 Catena AB 29 0.01 5 Platzer Fastigheter Holding AB 31 0.01
2 Cavotec SA 5 – 14 Pricer AB 15 –
3 Clas Ohlson AB 26 0.01 1 Proact IT Group AB 25 –
18 Cloetta AB 52 0.01 7 Qliro Group AB 9 –
2 Collector AB 15 – 8 Radisson Hospitality AB 32 0.01
4 Concentric AB 51 0.01 21 Ratos AB 57 0.01
7 Coor Service Management Holding AB 56 0.01 2 RaySearch Laboratories AB 22 –
8 Dios Fastigheter AB 53 0.01 4 Recipharm AB 58 0.01
25 Dometic Group AB 177 0.03 10 Resurs Holding AB 65 0.01
2 Doro AB 7 – 6 Sagax AB 77 0.01
3 Duni AB 29 0.01 28 SAS AB 69 0.01
6 Dustin Group AB 57 0.01 4 Scandi Standard AB 28 0.01
2 Eastnine AB 18 – 6 Scandic Hotels Group AB 53 0.01
1 Elanders AB 10 – 2 Sectra AB 47 0.01
3 Enea AB 25 0.01 47 Sensys Gatso Group AB 10 –
– eWork Group AB 2 – 2 SkiStar AB 43 0.01
9 Fabege AB 109 0.02 2 Systemair AB 18 –
4 Fagerhult AB 33 0.01 11 Tele2 AB 137 0.03
2 FastPartner AB 14 – 9 Thule Group AB 160 0.03
– Fenix Outdoor International AG 44 0.01 1 Troax Group AB 32 0.01
11 Fingerprint Cards AB 14 – 1 VBG Group AB 11 –
7 Getinge AB 74 0.01 6 Vitrolife AB 99 0.02
8 Granges AB 82 0.02 13 Wihlborgs Fastigheter AB 146 0.03
2 Gunnebo AB 4 – 5,965 1.13
4 Haldex AB 29 0.01 Switzerland - 1.67%
3 Hembla AB 47 0.01 1 Allreal Holding AG 188 0.04
15 Hemfosa Fastigheter AB 117 0.02 1 Alpiq Holding AG 44 0.01
6 HIQ International AB 34 0.01 1 ALSO Holding AG 56 0.01
2 HMS Networks AB 34 0.01 3 ams AG 90 0.02
6 Hoist Finance AB 47 0.01 – APG SGA SA 38 0.01
2 Holmen AB 39 0.01 5 Arbonia AG 60 0.01
2 Humana AB 11 – 84 Aryzta AG 112 0.02
4 Inwido AB 30 0.01 4 Ascom Holding AG 51 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 182
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Switzerland - 1.67% (continued) Switzerland - 1.67% (continued)
– Autoneum Holding AG 58 0.01 – Plazza AG 38 0.01
– Bachem Holding AG 19 – 4 PSP Swiss Property AG 384 0.08
– Banque Cantonale de Geneve 27 0.01 – Rieter Holding AG 41 0.01
– Banque Cantonale Vaudoise 117 0.02 – Romande Energie Holding SA 34 0.01
– Belimo Holding AG 184 0.03 – Schaffner Holding AG 20 –
– Bell Food Group AG 63 0.01 50 Schmolz & Bickenbach AG 30 0.01
1 Bellevue Group AG 13 – – Schweiter Technologies AG 85 0.03
– Berner Kantonalbank AG 95 0.02 1 SFS Group AG 130 0.02
2 BKW AG 112 0.02 – Siegfried Holding AG 136 0.03
1 Bobst Group SA 51 0.01 – St Galler Kantonalbank AG 119 0.02
– Bossard Holding AG 76 0.01 2 Sulzer AG 162 0.03
1 Bucher Industries AG 161 0.03 3 Sunrise Communications Group AG 280 0.05
– Burckhardt Compression Holding AG 48 0.01 1 Swissquote Group Holding SA 40 0.01
– Burkhalter Holding AG 24 – – Tamedia AG 27 0.01
1 Calida Holding AG 16 – – Tecan Group AG 82 0.02
3 Cembra Money Bank AG 233 0.04 1 u-blox Holding AG 69 0.01
– Cham Group AG 2 – 2 Valiant Holding AG 177 0.03
– Cicor Technologies Ltd 6 – – Valora Holding AG 69 0.01
– Cie Financiere Tradition SA 14 – 2 VAT Group AG 230 0.04
– Coltene Holding AG 29 0.01 – Vaudoise Assurances Holding SA 49 0.01
– Conzzeta AG 103 0.02 – Vetropack Holding AG 43 0.01
1 Daetwyler Holding AG 108 0.02 2 Vontobel Holding AG 127 0.02
3 DKSH Holding AG 171 0.03 – VP Bank AG 43 0.01
– Dormakaba Holding AG 173 0.03 – VZ Holding AG 78 0.01
1 Dufry AG 101 0.02 – Walliser Kantonalbank 18 –
8 EFG International AG 56 0.01 – Warteck Invest AG 36 0.01
– Emmi AG 146 0.03 – Ypsomed Holding AG 38 0.01
1 Energiedienst Holding AG 17 – 1 Zehnder Group AG 38 0.01
70 Evolva Holding SA 17 – – Zug Estates Holding AG 32 0.01
– Feintool International Holding AG 18 – – Zuger Kantonalbank AG 71 0.01
1 Flughafen Zurich AG 92 0.02 8,798 1.67
– Forbo Holding AG 165 0.03 United Kingdom - 5.68%
16 GAM Holding AG 82 0.02 2 4imprint Group PLC 43 0.01
– Georg Fischer AG 268 0.05 28 888 Holdings PLC 59 0.01
– Gurit Holding AG 39 0.01 60 AA PLC 70 0.01
1 Helvetia Holding AG 433 0.08 13 Acacia Mining PLC 30 0.01
– Hiag Immobilien Holding AG 40 0.01 9 AG Barr PLC 91 0.02
– HOCHDORF Holding AG 14 – 24 Aggreko PLC 228 0.04
1 Huber & Suhner AG 101 0.02 21 Anglo Pacific Group PLC 39 0.01
– Hypothekarbank Lenzburg AG 9 – 1 Anglo-Eastern Plantations PLC 6 –
2 Implenia AG 84 0.02 12 Arrow Global Group PLC 31 0.01
– Inficon Holding AG 79 0.02 33 Ashmore Group PLC 157 0.03
– Interroll Holding AG 101 0.02 84 Auto Trader Group PLC 471 0.09
– Intershop Holdings AG 56 0.01 5 Aveva Group PLC 159 0.03
– Investis Holding SA 20 – 3 Avon Rubber PLC 57 0.01
1 Jungfraubahn Holding AG 69 0.01 68 B&M European Value Retail SA 303 0.06
1 Kardex AG 75 0.01 44 Babcock International Group PLC 319 0.06
– Komax Holding AG 82 0.02 62 Balfour Beatty PLC 200 0.04
3 Kudelski SA 18 – 3 Bank of Georgia Group PLC 57 0.01
– LEM Holding SA 45 0.01 93 BBA Aviation PLC 283 0.05
1 Liechtensteinische Landesbank AG 92 0.02 35 Beazley PLC 249 0.05
11 Logitech International SA 370 0.07 11 Bellway PLC 346 0.07
– Luzerner Kantonalbank AG 130 0.02 24 Biffa PLC 63 0.01
– Meier Tobler Group AG 4 – 7 Bloomsbury Publishing PLC 19 –
– Metall Zug AG 49 0.01 17 Bodycote PLC 157 0.03
3 Mobilezone Holding AG 40 0.01 13 Bovis Homes Group PLC 141 0.03
1 Mobimo Holding AG 161 0.03 – Braemar Shipping Services PLC – –
19 OC Oerlikon Corp AG 223 0.04 26 Brewin Dolphin Holdings PLC 108 0.02
2 Orascom Development Holding AG 23 – 23 Britvic PLC 247 0.05
1 Orior AG 45 0.01 32 BTG PLC 342 0.06
1 Panalpina Welttransport Holding AG 136 0.03 5 Burford Capital Ltd 91 0.02
– Phoenix Mecano AG 30 0.01 56 Cairn Energy PLC 125 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 183
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United Kingdom - 5.68% (continued) United Kingdom - 5.68% (continued)
124 Capita PLC 164 0.03 8 Flybe Group PLC 2 –
59 Capital & Counties Properties PLC 191 0.04 17 Forterra PLC 46 0.01
13 Carclo PLC 13 – 35 Foxtons Group PLC 22 –
31 Card Factory PLC 75 0.01 2 Fuller Smith & Turner PLC 28 0.01
2 CareTech Holdings PLC 7 – 21 G4S PLC 53 0.01
11 Carpetright PLC 2 – 9 Galliford Try PLC 86 0.02
7 Carr's Group PLC 15 – 3 Games Workshop Group PLC 116 0.02
2 Castings PLC 9 – 8 Gem Diamonds Ltd 10 –
94 Centamin PLC 125 0.02 9 Genel Energy PLC 22 –
1 Charles Stanley Group PLC 5 – 5 Genus PLC 149 0.03
3 Charles Taylor PLC 9 – 3 Georgia Capital PLC 45 0.01
32 Chemring Group PLC 68 0.01 4 Go-Ahead Group PLC 96 0.02
16 Chesnara PLC 71 0.01 27 Gocompare.Com Group PLC 27 0.01
88 Cineworld Group PLC 309 0.06 22 Grafton Group PLC 201 0.04
18 Circassia Pharmaceuticals PLC 13 – 42 Grainger PLC 134 0.03
2 City of London Investment Group PLC 9 – 67 Greencore Group PLC 161 0.03
2 Clarkson PLC 72 0.01 26 Greene King PLC 182 0.03
14 Close Brothers Group PLC 262 0.05 9 Greggs PLC 154 0.03
19 CLS Holdings PLC 53 0.01 24 Gulf Keystone Petroleum Ltd 56 0.01
11 CMC Markets PLC 16 – 132 GVC Holdings PLC 18 –
205 Cobham PLC 268 0.05 14 Gym Group PLC 50 0.01
22 Communisis PLC 20 – 18 Halfords Group PLC 69 0.01
7 Computacenter PLC 94 0.02 18 Hastings Group Holdings PLC 44 0.01
25 Connect Group PLC 11 – 120 Hays PLC 241 0.05
5 Consort Medical PLC 70 0.01 8 Headlam Group PLC 42 0.01
19 ConvaTec Group PLC 37 0.01 12 Helical PLC 50 0.01
9 Costain Group PLC 44 0.01 5 Henry Boot PLC 17 –
37 Countryside Properties PLC 138 0.03 13 Hikma Pharmaceuticals PLC 288 0.05
18 Countrywide PLC 2 – 8 Hill & Smith Holdings PLC 116 0.02
4 Cranswick PLC 160 0.03 7 Hilton Food Group PLC 81 0.02
22 Crest Nicholson Holdings PLC 98 0.02 18 Hiscox Ltd 397 0.08
1 CVS Group PLC 8 – 22 Hochschild Mining PLC 46 0.01
110 CYBG PLC 287 0.05 9 Hollywood Bowl Group PLC 22 –
1 Daejan Holdings PLC 58 0.01 25 HomeServe PLC 302 0.06
19 Daily Mail & General Trust PLC 147 0.03 5 Horizon Discovery Group PLC 11 –
17 Dairy Crest Group PLC 98 0.02 2 Hostelworld Group PLC 4 –
8 De La Rue PLC 47 0.01 51 Howden Joinery Group PLC 288 0.05
111 Debenhams PLC 9 – 15 Hunting PLC 107 0.02
17 Devro PLC 40 0.01 16 Huntsworth PLC 22 –
22 DFS Furniture PLC 58 0.01 39 Ibstock PLC 106 0.02
2 Dialight PLC 11 – 30 IG Group Holdings PLC 230 0.04
5 Dignity PLC 51 0.01 22 IMI PLC 272 0.05
9 Diploma PLC 154 0.03 36 Inchcape PLC 268 0.05
5 DiscoverIE Group PLC 22 – 63 Indivior PLC 82 0.02
73 Dixons Carphone PLC 152 0.03 32 Inmarsat PLC 170 0.03
41 Domino's Pizza Group PLC 136 0.03 26 Intermediate Capital Group PLC 340 0.06
38 Drax Group PLC 193 0.04 23 International Personal Finance PLC 65 0.01
8 Dunelm Group PLC 57 0.01 16 Interserve PLC 6 –
51 EI Group PLC 121 0.02 103 IP Group PLC 154 0.03
38 Electrocomponents PLC 248 0.05 61 ITE Group PLC 49 0.01
55 Elementis PLC 138 0.03 57 IWG PLC 169 0.03
166 EnQuest PLC 48 0.01 5 James Fisher & Sons PLC 108 0.02
33 Entertainment One Ltd 153 0.03 12 Jardine Lloyd Thompson Group PLC 284 0.05
28 Equiniti Group PLC 82 0.02 34 JD Sports Fashion PLC 171 0.03
24 Essentra PLC 116 0.02 7 JD Wetherspoon PLC 101 0.02
24 Esure Group PLC 85 0.02 48 John Laing Group PLC 199 0.04
6 Euromoney Institutional Investor PLC 91 0.02 10 John Menzies PLC 64 0.01
28 Evraz PLC 161 0.03 34 John Wood Group PLC 273 0.05
8 FDM Group Holdings PLC 89 0.02 5 JPJ Group PLC 41 0.01
26 Ferrexpo PLC 60 0.01 25 Jupiter Fund Management PLC 105 0.02
4 Findel PLC 11 – 54 Just Group PLC 60 0.01
121 Firstgroup PLC 138 0.03 2 Kainos Group PLC 12 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 184
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United Kingdom - 5.68% (continued) United Kingdom - 5.68% (continued)
21 Kazakhmys PLC 151 0.03 5 Rathbone Brothers PLC 139 0.03
48 Kcom Group PLC 36 0.01 14 Raven Property Group Ltd 8 –
8 Keller Group PLC 60 0.01 21 Redrow PLC 123 0.02
9 Kier Group PLC 58 0.01 3 Renishaw PLC 173 0.03
21 Kin & Carta PLC 28 0.01 7 Renold PLC 3 –
21 Lamprell PLC 18 – 20 Restaurant Group PLC 37 0.01
15 Lancashire Holdings Ltd 126 0.02 2 Rhi Magnesita NV 90 0.02
21 Lonmin PLC 12 – 5 Ricardo PLC 42 0.01
30 Lookers PLC 35 0.01 66 Rightmove PLC 370 0.07
28 Low & Bonar PLC 10 – 6 RM PLC 16 –
3 LSL Property Services PLC 11 – 6 Robert Walters PLC 42 0.01
141 Man Group PLC 262 0.05 73 Rotork PLC 244 0.05
17 Marshalls PLC 96 0.02 11 Royal Mail PLC 43 0.01
66 Marston's PLC 86 0.02 37 RPC Group PLC 336 0.07
17 McBride PLC 28 0.01 23 RPS Group PLC 45 0.01
35 McCarthy & Stone PLC 61 0.01 112 Saga PLC 160 0.03
3 McColl's Retail Group PLC 5 – 6 Sanne Group PLC 50 0.01
9 Mears Group PLC 39 0.01 12 Savills PLC 115 0.02
25 Mediclinic International PLC 114 0.02 11 SDL PLC 67 0.01
66 Meggitt PLC 440 0.08 42 Senior PLC 129 0.02
37 Merlin Entertainments PLC 160 0.03 28 Severfield PLC 27 0.01
2 Metro Bank PLC 50 0.01 64 Shanks Group PLC 33 0.01
29 Michael Page International PLC 182 0.03 57 SIG PLC 78 0.01
12 Millennium & Copthorne Hotels PLC 75 0.01 17 Soco International PLC 16 –
20 Mitchells & Butlers PLC 70 0.01 10 Softcat PLC 75 0.01
28 Mitie Group PLC 53 0.01 10 Spectris PLC 298 0.06
3 MJ Gleeson PLC 25 – 70 Speedy Hire PLC 51 0.01
47 Moneysupermarket.com Group PLC 183 0.03 3 Spirax-Sarco Engineering PLC 270 0.06
26 Morgan Crucible Co PLC 91 0.02 31 Spire Healthcare Group PLC 49 0.01
4 Morgan Sindall Group PLC 61 0.01 58 Spirent Communications PLC 96 0.02
22 Mothercare PLC 5 – 19 Sports Direct International PLC 72 0.01
2 Motorpoint group PLC 4 – 40 SSP Group PLC 319 0.06
14 N Brown Group PLC 21 – 18 St Modwen Properties PLC 90 0.02
41 National Express Group PLC 213 0.04 46 Stagecoach Group PLC 92 0.02
21 Ncc Group PLC 51 0.01 9 SThree PLC 32 0.01
12 Non-Standard Finance PLC 10 – 31 Stobart Group Ltd 77 0.01
6 Norcros PLC 15 – 12 Stock Spirits Group PLC 29 0.01
12 Northgate PLC 60 0.01 2 STV Group PLC 10 –
18 Ocado Group PLC 191 0.04 5 SuperGroup PLC 49 0.01
11 On the Beach Group PLC 57 0.01 23 Synthomer PLC 117 0.02
23 OneSavings Bank PLC 100 0.02 49 TalkTalk Telecom Group PLC 79 0.02
68 Ophir Energy PLC 29 0.01 6 Tarsus Group PLC 20 –
5 Oxford Instruments PLC 65 0.01 43 Tate & Lyle PLC 396 0.08
25 Paragon Group of Cos PLC 135 0.03 3 Ted Baker PLC 59 0.01
5 PayPoint PLC 62 0.01 5 Telecom Plus PLC 90 0.02
139 Pendragon PLC 43 0.01 120 Thomas Cook Group PLC 46 0.01
37 Pennon Group PLC 343 0.07 10 Topps Tiles PLC 8 –
84 Petra Diamonds Ltd 45 0.01 22 Travis Perkins PLC 308 0.07
22 Petrofac Ltd 146 0.03 8 Trifast PLC 21 –
299 Petropavlovsk PLC 23 – 47 Trinity Mirror PLC 37 0.01
38 Pets at Home Group PLC 62 0.01 17 TT Electronics PLC 45 0.01
47 Phoenix Group Holdings 359 0.07 49 Tullett Prebon PLC 193 0.04
27 Photo-Me International PLC 37 0.01 125 Tullow Oil PLC 295 0.07
26 Playtech PLC 147 0.03 18 Tyman PLC 61 0.01
19 Polypipe Group PLC 83 0.02 14 U & I Group PLC 38 0.01
74 Premier Foods PLC 34 0.01 21 UDG Healthcare PLC 181 0.03
72 Premier Oil PLC 65 0.01 7 Ultra Electronics Holdings PLC 122 0.02
23 Provident Financial PLC 182 0.03 8 Urban & Civic PLC 28 0.01
23 PZ Cussons PLC 67 0.01 48 Vectura Group PLC 45 0.01
49 QinetiQ Group PLC 186 0.04 23 Vertu Motors PLC 11 –
36 Quilter PLC 53 0.01 20 Vesuvius PLC 132 0.03
16 Rank Group PLC 32 0.01 7 Victrex PLC 216 0.04
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 185
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United Kingdom - 5.68% (continued) United States - 57.41% (continued)
3 Vitec Group PLC 51 0.01 10 Air Lease Corp 380 0.07
8 Volution Group PLC 17 – 5 Air Transport Services Group Inc 98 0.02
1 Vp PLC 10 – 7 Aircastle Ltd 138 0.03
9 WH Smith PLC 230 0.04 1 Airgain Inc 17 –
69 William Hill PLC 142 0.03 30 AK Steel Holding Corp 92 0.02
8 Wilmington PLC 19 – 9 Akorn Inc 62 0.01
14 Wincanton PLC 44 0.01 1 Alamo Group Inc 89 0.02
1 Wizz Air Holdings PLC 50 0.01 4 Alarm.com Holdings Inc 222 0.04
7 Xaar PLC 14 – 6 Alaska Communications Systems Group Inc 8 –
2 XP Power Ltd 57 0.01 3 Albany International Corp 212 0.04
29,852 5.68 – Albireo Pharma Inc 9 –
United States - 57.41% 11 Alcoa Corp 366 0.07
4 1-800-Flowers.com Inc 50 0.01 6 Alder Biopharmaceuticals Inc 86 0.02
1 1st Constitution Bancorp 17 – 1 Alico Inc 33 0.01
2 1st Source Corp 100 0.02 13 Alkermes PLC 457 0.09
5 2U Inc 306 0.06 11 Allegheny Technologies Inc 295 0.06
6 3D Systems Corp 79 0.02 2 Allegiance Bancshares Inc 61 0.01
3 A Schulman Inc 5 – 1 Allegiant Travel Co 168 0.03
1 A-Mark Precious Metals Inc 13 – 5 ALLETE Inc 383 0.07
5 AAON Inc 190 0.04 1 Allied Motion Technologies Inc 46 0.01
3 AAR Corp 118 0.02 12 Allison Transmission Holdings Inc 582 0.11
5 Aaron's Inc 235 0.04 16 Allscripts Healthcare Solutions Inc 161 0.03
6 Abercrombie & Fitch Co 130 0.02 1 Alnylam Pharmaceuticals Inc 67 0.01
6 ABM Industries Inc 192 0.04 3 Alpha & Omega Semiconductor Ltd 28 0.01
23 Abraxas Petroleum Corp 37 0.01 – Altisource Asset Management Corp 3 –
1 Acacia Communications Inc 25 – 1 Altisource Portfolio Solutions SA 35 0.01
7 Acacia Research Corp 23 – 3 Altra Industrial Motion Corp 106 0.02
8 Acadia Healthcare Co Inc 273 0.05 3 AMAG Pharmaceuticals Inc 56 0.01
3 Access National Corp 81 0.02 5 Ambac Financial Group Inc 82 0.02
8 ACCO Brands Corp 65 0.01 5 AMC Entertainment Holdings Inc 69 0.01
7 Accuray Inc 27 0.01 4 AMC Networks Inc 255 0.05
3 Aceto Corp 5 – 3 Amedisys Inc 451 0.09
13 Achillion Pharmaceuticals Inc 36 0.01 2 AMERCO 561 0.11
10 ACI Worldwide Inc 283 0.05 4 Ameresco Inc 57 0.01
3 Aclaris Therapeutics Inc 24 – 1 America's Car-Mart Inc 42 0.01
1 ACNB Corp 26 – 9 American Axle & Manufacturing Holdings Inc 111 0.02
5 Acorda Therapeutics Inc 101 0.02 18 American Eagle Outfitters Inc 372 0.07
6 Actuant Corp 142 0.03 6 American Equity Investment Life Holding Co 217 0.04
4 Acuity Brands Inc 461 0.09 1 American National Bankshares Inc 43 0.01
8 Acushnet Holdings Corp 174 0.03 2 American National Insurance Co 273 0.05
– Adams Resources & Energy Inc 19 – 4 American Outdoor Brands Corp 52 0.01
1 Addus HomeCare Corp 105 0.02 2 American Public Education Inc 49 0.01
6 Adient PLC 137 0.03 1 American Railcar Industries Inc 91 0.02
6 Adtalem Global Education Inc 326 0.06 4 American Renal Associates Holdings Inc 74 0.01
4 ADTRAN Inc 52 0.01 3 American Software Inc 31 0.01
8 Aduro Biotech Inc 20 – 3 American States Water Co 234 0.04
8 Advanced Disposal Services Inc 217 0.04 – American Superconductor Corp 1 –
6 Advanced Drainage Systems Inc 154 0.03 2 American Vanguard Corp 34 0.01
4 Advanced Emissions Solutions Inc 39 0.01 2 American Woodmark Corp 111 0.02
2 Advanced Energy Industries Inc 112 0.02 4 Ameris Bancorp 178 0.03
3 AdvanSix Inc 83 0.02 2 Amerisafe Inc 124 0.02
3 Adverum Biotechnologies Inc 11 – 1 Ames National Corp 26 –
15 AECOM 472 0.09 9 Amicus Therapeutics Inc 99 0.02
2 Aegion Corp 47 0.01 21 Amkor Technology Inc 144 0.03
7 Aerojet Rocketdyne Holdings Inc 235 0.04 4 AMN Healthcare Services Inc 255 0.05
2 Aerovironment Inc 188 0.04 12 Amneal Pharmaceuticals Inc 218 0.04
3 Affiliated Managers Group Inc 377 0.07 1 Ampco-Pittsburgh Corp 5 –
7 AGCO Corp 415 0.08 5 Amphastar Pharmaceuticals Inc 110 0.02
3 Agilysys Inc 56 0.01 3 Amtech Systems Inc 15 –
5 Agios Pharmaceuticals Inc 318 0.06 3 Andersons Inc 85 0.02
3 AgroFresh Solutions Inc 15 – 2 ANGI Homeservices Inc 43 0.01
2 AH Belo Corp 11 – 3 AngioDynamics Inc 66 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 186
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 57.41% (continued) United States - 57.41% (continued)
1 ANI Pharmaceuticals Inc 64 0.01 1 Atlas Financial Holdings Inc 13 –
1 Anika Therapeutics Inc 51 0.01 2 ATN International Inc 143 0.03
4 Anixter International Inc 229 0.04 – Atrion Corp 144 0.03
29 Antero Resources Corp 376 0.07 3 Audentes Therapeutics Inc 80 0.02
8 Apergy Corp 266 0.05 4 Autoliv Inc 364 0.07
3 Apogee Enterprises Inc 104 0.02 8 AutoNation Inc 315 0.06
2 Apollo Endosurgery Inc 10 – 5 Avanos Medical Inc 218 0.04
– Apollo Medical Holdings Inc 8 – 7 Avid Technology Inc 43 0.01
1 Appfolio Inc 89 0.02 7 Avis Budget Group Inc 198 0.04
3 Applied Industrial Technologies Inc 223 0.04 5 Avista Corp 259 0.05
1 Applied Optoelectronics Inc 16 – 11 Avnet Inc 468 0.09
5 AptarGroup Inc 544 0.10 32 Avon Products Inc 69 0.01
2 Aptevo Therapeutics Inc 5 – 11 AVX Corp 189 0.04
15 Aqua America Inc 531 0.10 2 Aware Inc 8 –
3 AquaVenture Holdings Ltd 53 0.01 19 Axalta Coating Systems Ltd 484 0.09
5 Aratana Therapeutics Inc 35 0.01 3 Axcelis Technologies Inc 55 0.01
6 ARC Document Solutions Inc 14 – 8 Axis Capital Holdings Ltd 417 0.08
1 ArcBest Corp 58 0.01 5 Axon Enterprise Inc 235 0.04
2 Arch Coal Inc 154 0.03 6 Axos Financial Inc 179 0.03
12 Archrock Inc 118 0.02 5 AXT Inc 27 0.01
5 Arcosa Inc 140 0.03 2 AZZ Inc 111 0.02
6 Ardelyx Inc 16 – 5 B&G Foods Inc 142 0.03
3 Ardmore Shipping Corp 21 – 21 Babcock & Wilcox Enterprises Inc 19 –
4 Arena Pharmaceuticals Inc 175 0.03 3 Badger Meter Inc 155 0.03
8 Ares Management Corp 176 0.03 3 Balchem Corp 240 0.05
2 Argan Inc 71 0.01 4 Banc of California Inc 76 0.01
1 Argo Group International Holdings Ltd 82 0.02 3 BancFirst Corp 168 0.03
3 Armstrong Flooring Inc 43 0.01 5 Bancorp Inc 50 0.01
5 Armstrong World Industries Inc 325 0.06 – Bancorp of New Jersey Inc 1 –
3 Arotech Corp 7 – 10 BancorpSouth Bank 296 0.06
17 ARRIS International PLC 517 0.10 2 Bank of Commerce Holdings 21 –
8 Arrow Electronics Inc 614 0.12 4 Bank of Hawaii Corp 285 0.05
2 Arrow Financial Corp 54 0.01 2 Bank of Marin Bancorp 78 0.01
1 Artesian Resources Corp 30 0.01 5 Bank of NT Butterfield & Son Ltd 202 0.04
4 Artisan Partners Asset Management Inc 116 0.02 1 Bank of South Carolina Corp 11 –
2 Asbury Automotive Group Inc 137 0.03 11 Bank OZK 302 0.06
16 Ascena Retail Group Inc 47 0.01 2 BankFinancial Corp 31 0.01
1 Ascent Capital Group Inc 1 – 10 BankUnited Inc 337 0.06
5 ASGN Inc 331 0.06 1 Bankwell Financial Group Inc 20 –
6 Ashland Global Holdings Inc 469 0.09 3 Banner Corp 183 0.03
2 Aspen Aerogels Inc 8 – 1 Bar Harbor Bankshares 35 0.01
6 Aspen Insurance Holdings Ltd 265 0.05 4 Barnes & Noble Education Inc 25 –
6 Aspen Technology Inc 505 0.10 8 Barnes & Noble Inc 61 0.01
8 Assertio Therapeutics Inc 40 0.01 5 Barnes Group Inc 278 0.05
15 Associated Banc-Corp 349 0.07 1 Barrett Business Services Inc 42 0.01
1 Associated Capital Group Inc 36 0.01 2 Basic Energy Services Inc 10 –
6 Assurant Inc 542 0.10 – Bassett Furniture Industries Inc 9 –
12 Assured Guaranty Ltd 485 0.09 1 Baycom Corp 25 –
– Asta Funding Inc 1 – 8 BBX Capital Corp 52 0.01
2 Astec Industries Inc 83 0.02 2 BCB Bancorp Inc 24 –
2 Astronics Corp, Class A 80 0.02 6 Beacon Roofing Supply Inc 204 0.04
1 Astronics Corp, Class B 47 0.01 4 Beazer Homes USA Inc 48 0.01
1 AstroNova Inc 17 – 10 Bed Bath & Beyond Inc 132 0.03
1 Asure Software Inc 5 – 1 Bel Fuse Inc 24 –
6 At Home Group Inc 162 0.03 3 Belden Inc 191 0.04
4 Atara Biotherapeutics Inc 170 0.03 3 Bellicum Pharmaceuticals Inc 15 –
3 athenahealth Inc 367 0.07 8 Belmond Ltd 146 0.03
5 Atkore International Group Inc 107 0.02 9 Bemis Co Inc 426 0.08
3 Atlantic Capital Bancshares Inc 58 0.01 2 Benchmark Electronics Inc 38 0.01
4 Atlantic Power Corp 8 – 8 Beneficial Bancorp Inc 125 0.02
9 Atlantica Yield PLC 184 0.03 4 Berkshire Hills Bancorp Inc 145 0.03
2 Atlas Air Worldwide Holdings Inc 101 0.02 10 Berry Global Group Inc 508 0.10
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 187
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 57.41% (continued) United States - 57.41% (continued)
1 BG Staffing Inc 30 0.01 1 CAI International Inc 32 0.01
19 BGC Partners Inc 199 0.04 4 Cal-Maine Foods Inc 192 0.04
2 Big 5 Sporting Goods Corp 8 – 4 CalAmp Corp 64 0.01
3 Big Lots Inc 146 0.03 2 Calavo Growers Inc 157 0.03
– Biglari Holdings Inc, Class A 7 – 3 Caleres Inc 104 0.02
– Biglari Holdings Inc, Class B 15 – 5 California Resources Corp 108 0.02
4 Bio-Techne Corp 571 0.11 4 California Water Service Group 205 0.04
10 BioScrip Inc 41 0.01 6 Calix Inc 57 0.01
1 BioSpecifics Technologies Corp 49 0.01 10 Callaway Golf Co 164 0.03
3 BioTelemetry Inc 227 0.04 22 Callon Petroleum Co 190 0.04
2 BJ's Restaurants Inc 103 0.02 6 Cambium Learning Group Inc 88 0.02
5 Black Hills Corp 316 0.06 3 Cambrex Corp 160 0.03
4 Blackbaud Inc 295 0.06 – Cambridge Bancorp 41 0.01
8 Bloomin' Brands Inc 160 0.03 1 Camden National Corp 56 0.01
4 Blucora Inc 116 0.02 2 Camping World Holdings Inc 29 0.01
1 Blue Capital Reinsurance Holdings Ltd 7 – 6 Cannae Holdings Inc 113 0.02
4 Blue Hills Bancorp Inc 89 0.02 3 Cantel Medical Corp 295 0.06
1 Bluebird Bio Inc 167 0.03 2 Capital City Bank Group Inc 41 0.01
7 BMC Stock Holdings Inc 116 0.02 3 Capital Senior Living Corp 30 0.01
3 Boingo Wireless Inc 86 0.02 13 Capitol Federal Financial Inc 186 0.04
4 Boise Cascade Co 100 0.02 1 Capstar Financial Holdings Inc 21 –
5 Bojangles' Inc 75 0.01 2 CARBO Ceramics Inc 7 –
6 BOK Financial Corp 499 0.09 3 Carbonite Inc 91 0.02
2 Bonanza Creek Energy Inc 62 0.01 5 Cardtronics PLC 158 0.03
3 Boot Barn Holdings Inc 72 0.01 7 Career Education Corp 89 0.02
14 Booz Allen Hamilton Holding Corp 695 0.13 5 Carlisle Cos Inc 548 0.10
1 Boston Beer Co Inc 232 0.04 2 Carolina Financial Corp 80 0.02
1 Boston Omaha Corp 18 – 4 Carpenter Technology Corp 161 0.03
8 Boston Private Financial Holdings Inc 102 0.02 1 Carriage Services Inc 23 –
4 Bottomline Technologies DE Inc 210 0.04 8 Carrizo Oil & Gas Inc 139 0.03
5 Brady Corp 214 0.04 4 Carrols Restaurant Group Inc 47 0.01
2 Bridge Bancorp Inc 61 0.01 7 Cars.com Inc 182 0.03
3 Bridgepoint Education Inc 28 0.01 4 Carter's Inc 353 0.07
4 Briggs & Stratton Corp 60 0.01 3 Carvana Co 130 0.02
5 Bright Horizons Family Solutions Inc 660 0.13 4 Casella Waste Systems Inc 137 0.03
9 Brighthouse Financial Inc 377 0.07 4 Casey's General Stores Inc 465 0.09
9 BrightSphere Investment Group PLC 122 0.02 1 Cass Information Systems Inc 82 0.02
4 Brink's Co 300 0.06 8 Castlight Health Inc 22 –
4 Brinker International Inc 196 0.04 12 Catalent Inc 471 0.09
3 Bristow Group Inc 14 – 7 Catalyst Pharmaceuticals Inc 17 –
15 Brookdale Senior Living Inc 125 0.02 8 Cathay General Bancorp 300 0.06
8 Brookline Bancorp Inc 126 0.02 2 Cato Corp 28 0.01
7 Brooks Automation Inc 221 0.04 1 Cavco Industries Inc 150 0.03
10 Brown & Brown Inc 287 0.05 5 CBIZ Inc 100 0.02
13 Bruker Corp 427 0.08 11 CDK Global Inc 536 0.10
8 Brunswick Corp 406 0.08 4 CECO Environmental Corp 33 0.01
2 Bryn Mawr Bank Corp 76 0.01 9 Celldex Therapeutics Inc 3 –
1 BSB Bancorp Inc 29 0.01 23 Centennial Resource Development Inc 358 0.07
2 BSQUARE Corp 4 – 9 CenterState Bank Corp 233 0.04
3 Buckle Inc 59 0.01 6 Central European Media Enterprises Ltd 19 –
3 Build-A-Bear Workshop Inc 16 – 4 Central Garden & Pet Co (non-voting rights) 128 0.02
10 Builders FirstSource Inc 140 0.03 1 Central Garden & Pet Co (voting rights) 47 0.01
9 BWX Technologies Inc 423 0.08 3 Central Pacific Financial Corp 85 0.02
– C&F Financial Corp 17 – 1 Central Valley Community Bancorp 16 –
1 C&J Energy Services Inc 10 – 8 Century Aluminum Co 72 0.01
1 Cable One Inc 478 0.09 1 Century Bancorp Inc 41 0.01
5 Cabot Corp 266 0.05 3 Century Casinos Inc 23 –
2 Cabot Microelectronics Corp 262 0.05 3 Century Communities Inc 60 0.01
2 CACI International Inc 368 0.07 1 CEVA Inc 36 0.01
1 Cactus Inc 34 0.01 5 Charles River Laboratories International Inc 614 0.12
7 Cadence BanCorp 135 0.03 3 Chart Industries Inc 207 0.04
24 Caesars Entertainment Corp 203 0.04 1 Chase Corp 88 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 188
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 57.41% (continued) United States - 57.41% (continued)
4 Cheesecake Factory Inc 194 0.04 8 Commercial Metals Co 148 0.03
3 Chefs' Warehouse Inc 115 0.02 4 Commercial Vehicle Group Inc 25 –
8 Chegg Inc 234 0.04 12 CommScope Holding Co Inc 209 0.04
1 Chemed Corp 417 0.08 5 Community Bank System Inc 314 0.06
6 Chemical Financial Corp 304 0.06 3 Community Bankers Trust Corp 23 –
4 ChemoCentryx Inc 44 0.01 1 Community Financial Corp 23 –
8 Chemours Co 224 0.04 5 Community Health Systems Inc 22 –
– Chemung Financial Corp 21 – 2 Community Trust Bancorp Inc 89 0.02
88 Chesapeake Energy Corp 257 0.05 1 Community West Bancshares 9 –
1 Chesapeake Utilities Corp 125 0.02 4 CommVault Systems Inc 215 0.04
11 Chico's FAS Inc 58 0.01 3 Compass Minerals International Inc 150 0.03
2 Children's Place Inc 203 0.04 1 Computer Programs & Systems Inc 29 0.01
6 Chimerix Inc 21 – 1 Computer Task Group Inc 5 –
5 Choice Hotels International Inc 394 0.07 3 comScore Inc 49 0.01
1 Churchill Downs Inc 313 0.06 2 Comtech Telecommunications Corp 57 0.01
2 Chuy's Holdings Inc 41 0.01 1 Conagra Brands Inc 41 0.01
15 Ciena Corp 474 0.09 3 Concert Pharmaceuticals Inc 41 0.01
3 Cimpress NV 307 0.06 22 Conduent Inc 284 0.05
5 Cincinnati Bell Inc 64 0.01 3 CONMED Corp 178 0.03
10 Cinemark Holdings Inc 390 0.07 1 Conn's Inc 34 0.01
2 CIRCOR International Inc 66 0.01 1 Connecticut Water Service Inc 94 0.02
5 Cirrus Logic Inc 193 0.04 3 ConnectOne Bancorp Inc 67 0.01
10 Cision Ltd 122 0.02 2 CONSOL Energy Inc 83 0.02
12 CIT Group Inc 560 0.11 8 Consolidated Communications Holdings Inc 107 0.02
2 Citi Trends Inc 35 0.01 1 Consolidated Water Co Ltd 18 –
1 Citizens & Northern Corp 40 0.01 1 Consolidated-Tomoka Land Co 44 0.01
6 Citizens Inc 44 0.01 2 Consumer Portfolio Services Inc 9 –
1 City Holding Co 103 0.02 1 Container Store Group Inc 7 –
19 Civeo Corp 32 0.01 4 Contango Oil & Gas Co 14 –
2 Civista Bancshares Inc 36 0.01 3 Continental Building Products Inc 95 0.02
3 Civitas Solutions Inc 48 0.01 3 Control4 Corp 61 0.01
22 Clean Energy Fuels Corp 50 0.01 4 Cooper Tire & Rubber Co 143 0.03
6 Clean Harbors Inc 366 0.07 2 Cooper-Standard Holdings Inc 115 0.02
8 Clear Channel Outdoor Holdings Inc 42 0.01 3 Copa Holdings SA 227 0.04
1 Clearfield Inc 14 – 11 Corcept Therapeutics Inc 148 0.03
3 Clearside Biomedical 5 – 4 Core Laboratories NV 315 0.06
1 Clearwater Paper Corp 44 0.01 5 Core-Mark Holding Co Inc 134 0.03
3 Clearway Energy Inc, Class A 63 0.01 7 CoreLogic Inc 279 0.05
6 Clearway Energy Inc, Class C 116 0.02 2 CorVel Corp 133 0.03
29 Cleveland-Cliffs Inc 272 0.05 3 Corvus Pharmaceuticals Inc 16 –
8 Cloud Peak Energy Inc 7 – 12 Costamare Inc 65 0.01
– CME Group Inc 37 0.01 6 Coty Inc 49 0.01
1 CNB Financial Corp 36 0.01 1 County Bancorp Inc 22 –
3 CNO Financial Group Inc 47 0.01 12 Covanta Holding Corp 200 0.04
19 CNX Resources Corp 261 0.05 2 Covenant Transportation Group Inc 41 0.01
1 Coca-Cola Bottling Co Consolidated 116 0.02 3 Cowen Inc 51 0.01
2 Cocrystal Pharma Inc 8 – – CRA International Inc 20 –
1 Codorus Valley Bancorp Inc 29 0.01 2 Cracker Barrel Old Country Store Inc 345 0.07
18 Coeur Mining Inc 70 0.01 2 Craft Brew Alliance Inc 32 0.01
4 Cogent Communications Holdings Inc 212 0.04 5 Crane Co 440 0.08
10 Cognex Corp 459 0.09 3 Crawford & Co, Class A 27 0.01
4 Cohen & Steers Inc 153 0.03 2 Crawford & Co, Class B 17 –
2 Coherent Inc 284 0.05 4 Cray Inc 102 0.02
4 Cohu Inc 71 0.01 1 Credit Acceptance Corp 488 0.09
10 Colfax Corp 261 0.05 10 Cree Inc 422 0.08
1 Collectors Universe Inc 14 – 7 Crocs Inc 187 0.04
1 Colony Bankcorp Inc 12 – 4 Cross Country Healthcare Inc 36 0.01
7 Columbia Banking System Inc 265 0.05 11 Crown Holdings Inc 564 0.11
7 Columbia Sportswear Co 631 0.12 4 CryoLife Inc 118 0.02
2 Columbus McKinnon Corp 80 0.02 3 CSG Systems International Inc 98 0.02
4 Comfort Systems USA Inc 201 0.04 – CSS Industries Inc 3 –
9 Commerce Bancshares Inc 550 0.10 1 CSW Industrials Inc 76 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 189
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 57.41% (continued) United States - 57.41% (continued)
3 CTS Corp 93 0.02 4 Dun & Bradstreet Corp 518 0.10
3 Cubic Corp 157 0.03 8 Dunkin' Brands Group Inc 573 0.11
3 CUI Global Inc 4 – 2 DXP Enterprises Inc 57 0.01
6 Cullen/Frost Bankers Inc 567 0.11 3 Dycom Industries Inc 169 0.03
1 Culp Inc 29 0.01 3 Eagle Bancorp Inc 180 0.03
2 Cumberland Pharmaceuticals Inc 13 – 7 Eagle Bulk Shipping Inc 34 0.01
4 Curtiss-Wright Corp 417 0.08 4 Eagle Materials Inc 303 0.06
3 Customers Bancorp Inc 62 0.01 2 Eagle Pharmaceuticals Inc 82 0.02
2 Cutera Inc 32 0.01 3 Earthstone Energy Inc 23 –
13 CVB Financial Corp 301 0.06 1 Eastern Co 22 –
5 CVR Energy Inc 171 0.03 10 Eaton Vance Corp 406 0.08
1 CyberOptics Corp 16 – 3 Ebix Inc 132 0.03
6 Cymabay Therapeutics Inc 52 0.01 3 Echo Global Logistics Inc 64 0.01
31 Cypress Semiconductor Corp 434 0.08 5 EchoStar Corp 191 0.04
– Daily Journal Corp 39 0.01 17 Eclipse Resources Corp 19 –
6 Daktronics Inc 53 0.01 6 Edgewell Personal Care Co 251 0.05
14 Dana Inc 199 0.04 3 eGain Corp 20 –
11 Darling Ingredients Inc 249 0.05 2 eHealth Inc 80 0.02
2 Dasan Zhone Solutions Inc 20 – 4 El Paso Electric Co 213 0.04
4 Dave & Buster's Entertainment Inc 215 0.04 6 El Pollo Loco Holdings Inc 89 0.02
3 Dawson Geophysical Co 13 – 7 Eldorado Resorts Inc 305 0.06
8 Dean Foods Co 39 0.01 3 Electro Scientific Industries Inc 96 0.02
3 Deckers Outdoor Corp 401 0.08 4 Electronics For Imaging Inc 109 0.02
3 Del Frisco's Restaurant Group Inc 18 – 5 Elevate Credit Inc 24 –
4 Del Taco Restaurants Inc 46 0.01 3 Ellie Mae Inc 212 0.04
8 Delek US Holdings Inc 311 0.06 2 EMC Insurance Group Inc 67 0.01
7 Delphi Technologies PLC 119 0.02 5 EMCOR Group Inc 367 0.07
4 Deluxe Corp 205 0.04 4 EMCORE Corp 17 –
42 Denbury Resources Inc 95 0.02 5 Emerald Expositions Events Inc 61 0.01
6 Denny's Corp 107 0.02 5 Emergent BioSolutions Inc 368 0.07
1 Destination Maternity Corp 5 – 3 Employers Holdings Inc 141 0.03
7 Destination XL Group Inc 19 – 2 Enanta Pharmaceuticals Inc 130 0.02
6 DexCom Inc 793 0.15 8 Encompass Health Corp 621 0.12
6 DHI Group Inc 11 – 3 Encore Capital Group Inc 83 0.02
16 DHT Holdings Inc 73 0.01 2 Encore Wire Corp 79 0.02
– Diamond Hill Investment Group Inc 62 0.01 22 Endo International PLC 268 0.05
11 Diamond Offshore Drilling Inc 144 0.03 14 Endurance International Group Holdings Inc 113 0.02
6 Diamondback Energy Inc 613 0.12 5 Energizer Holdings Inc 220 0.04
8 Dick's Sporting Goods Inc 278 0.05 4 EnerSys 370 0.07
6 Diebold Nixdorf Inc 18 – 3 Engility Holdings Inc 106 0.02
2 Digi International Inc 29 0.01 17 EnLink Midstream LLC 189 0.04
2 Dillard's Inc 139 0.03 2 Ennis Inc 41 0.01
3 Dime Community Bancshares Inc 60 0.01 3 Enova International Inc 69 0.01
5 Diodes Inc 160 0.03 2 EnPro Industries Inc 118 0.02
7 Diplomat Pharmacy Inc 109 0.02 45 Ensco PLC 254 0.05
2 Dixie Group Inc 2 – 6 Ensign Group Inc 250 0.05
2 DMC Global Inc 59 0.01 2 Enstar Group Ltd 281 0.05
1 DNB Financial Corp 25 – 1 Entegra Financial Corp 23 –
6 Dolby Laboratories Inc 419 0.08 13 Entegris Inc 370 0.07
5 Domtar Corp 224 0.04 10 Entercom Communications Corp 65 0.01
12 Donaldson Co Inc 686 0.13 1 Enterprise Bancorp Inc 38 0.01
2 Donegal Group Inc 30 0.01 2 Enterprise Financial Services Corp 99 0.02
4 Donnelley Financial Solutions Inc 61 0.01 7 Entravision Communications Corp 21 –
6 Dorian LPG Ltd 44 0.01 4 Envestnet Inc 211 0.04
3 Dorman Products Inc 292 0.06 – EnviroStar Inc 11 –
2 Douglas Dynamics Inc 83 0.02 5 Enzo Biochem Inc 14 –
3 Dril-Quip Inc 119 0.02 5 EP Energy Corp 5 –
9 Drive Shack Inc 41 0.01 4 EPAM Systems Inc 585 0.11
3 DSP Group Inc 41 0.01 7 Epizyme Inc 50 0.01
6 DSW Inc 175 0.03 1 ePlus Inc 104 0.02
1 Ducommun Inc 41 0.01 1 Equity Bancshares Inc 56 0.01
1 Duluth Holdings Inc 35 0.01 2 Era Group Inc 22 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 190
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 57.41% (continued) United States - 57.41% (continued)
4 Erie Indemnity Co 588 0.11 2 First Defiance Financial Corp 58 0.01
2 Escalade Inc 18 – 9 First Financial Bancorp 249 0.05
3 ESCO Technologies Inc 193 0.04 6 First Financial Bankshares Inc 424 0.08
2 ESSA Bancorp Inc 26 – 1 First Financial Corp 48 0.01
4 Essendant Inc 51 0.01 1 First Financial Northwest Inc 20 –
9 Essent Group Ltd 332 0.06 5 First Foundation Inc 78 0.01
2 Esterline Technologies Corp 281 0.05 12 First Hawaiian Inc 324 0.06
2 Ethan Allen Interiors Inc 44 0.01 29 First Horizon National Corp 484 0.09
11 Etsy Inc 596 0.11 1 First Internet Bancorp 30 0.01
5 Euronet Worldwide Inc 584 0.11 4 First Interstate BancSystem Inc 162 0.03
1 Evans Bancorp Inc 21 – 5 First Merchants Corp 196 0.04
3 Evercore Inc 274 0.05 1 First Mid-Illinois Bancshares Inc 51 0.01
1 Everspin Technologies Inc 7 – 10 First Midwest Bancorp Inc 246 0.05
7 Evertec Inc 188 0.04 1 First Northwest Bancorp 19 –
8 Evolent Health Inc 208 0.04 2 First of Long Island Corp 47 0.01
4 Evolution Petroleum Corp 35 0.01 9 First Solar Inc 402 0.08
7 EW Scripps Co 115 0.02 1 First United Corp 11 –
10 Exact Sciences Corp 788 0.15 4 FirstCash Inc 350 0.07
2 Exela Technologies Inc 8 – 21 Fitbit Inc 114 0.02
9 Exelixis Inc 183 0.03 5 Five Below Inc 565 0.11
3 ExlService Holdings Inc 179 0.03 2 Five Prime Therapeutics Inc 29 0.01
5 Exponent Inc 255 0.05 1 Five Star Senior Living Inc – –
6 Express Inc 38 0.01 6 Flagstar Bancorp Inc 183 0.03
16 Extended Stay America Inc 294 0.06 35 Flex Ltd 308 0.06
3 Exterran Corp 72 0.01 1 Flexsteel Industries Inc 20 –
7 Extraction Oil & Gas Inc 39 0.01 12 FLIR Systems Inc 530 0.10
6 Ezcorp Inc 58 0.01 8 Floor & Decor Holdings Inc 259 0.05
3 Fabrinet 171 0.03 4 Flotek Industries Inc 6 –
2 Fair Isaac Corp 478 0.09 18 Flowers Foods Inc 363 0.07
– Famous Dave's of America Inc 2 – 11 Flowserve Corp 533 0.10
2 Farmer Brothers Co 41 0.01 12 Fluor Corp 487 0.09
3 Farmers National Banc Corp 44 0.01 2 Flushing Financial Corp 52 0.01
2 FARO Technologies Inc 76 0.01 30 FNB Corp 365 0.07
3 FB Financial Corp 119 0.02 1 FONAR Corp 20 –
1 FBL Financial Group Inc 62 0.01 11 Foot Locker Inc 624 0.12
4 FCB Financial Holdings Inc 169 0.03 – Forestar Group Inc 6 –
1 Federal Agricultural Mortgage Corp 47 0.01 7 FormFactor Inc 109 0.02
6 Federal Signal Corp 131 0.02 2 Forrester Research Inc 74 0.01
7 Federated Investors Inc 194 0.04 8 Fortune Brands Home & Security Inc 340 0.06
2 FedNat Holding Co 34 0.01 11 Forum Energy Technologies Inc 74 0.01
7 Ferro Corp 136 0.03 3 Forward Air Corp 184 0.03
16 Ferroglobe PLC 35 0.01 5 Fossil Group Inc 101 0.02
7 Ferroglobe Representation & Warrants Insurance 4 Fox Factory Holding Corp 233 0.04
Trust – –
4 Francesca's Holdings Corp 8 –
8 FibroGen Inc 335 0.06
20 Frank's International NV 145 0.03
2 Fidelity Southern Corp 58 0.01
1 Franklin Covey Co 32 0.01
3 Fiesta Restaurant Group Inc 62 0.01
4 Franklin Electric Co Inc 194 0.04
1 Financial Institutions Inc 41 0.01
2 Franklin Financial Network Inc 55 0.01
9 Finisar Corp 216 0.04
5 Fred's Inc 15 –
5 Finjan Holdings Inc 12 –
1 FreightCar America Inc 9 –
10 First American Financial Corp 487 0.09
1 Frequency Electronics Inc 9 –
23 First Bancorp (Puerto Rico) 207 0.04
4 Fresh Del Monte Produce Inc 128 0.02
3 First Bancorp (Southern Pines NC) 119 0.02
5 Frontdoor Inc 111 0.02
2 First Bancorp Inc 44 0.01
3 Frontier Communications Corp 9 –
2 First Bancshares Inc 64 0.01
1 FRP Holdings Inc 43 0.01
2 First Bank 24 –
1 FS Bancorp Inc 28 0.01
5 First Busey Corp 135 0.03
3 FTD Cos Inc 6 –
1 First Business Financial Services Inc 20 –
3 FTI Consulting Inc 229 0.04
– First Capital Inc 11 –
13 Fulton Financial Corp 224 0.04
1 First Citizens BancShares Inc 427 0.08
5 FutureFuel Corp 85 0.02
11 First Commonwealth Financial Corp 150 0.03
4 G-III Apparel Group Ltd 160 0.03
2 First Community Bankshares Inc 54 0.01
1 Gaia Inc 18 –
1 First Community Corp 12 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 191
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 57.41% (continued) United States - 57.41% (continued)
7 Gain Capital Holdings Inc 55 0.01 4 GSI Technology Inc 20 –
1 GAMCO Investors Inc 26 – 6 GTT Communications Inc 186 0.04
8 GameStop Corp 107 0.02 3 Guaranty Bancorp 72 0.01
11 Gannett Co Inc 116 0.02 – Guaranty Bancshares Inc 12 –
15 Gardner Denver Holdings Inc 370 0.07 8 Guess? Inc 188 0.04
7 GasLog Ltd 148 0.03 6 Guidewire Software Inc 552 0.10
3 GATX Corp 229 0.04 2 Gulf Island Fabrication Inc 14 –
8 GCI Liberty Inc 388 0.07 12 Gulfport Energy Corp 102 0.02
6 GCP Applied Technologies Inc 153 0.03 3 H&E Equipment Services Inc 71 0.01
5 Genco Shipping & Trading Ltd 38 0.01 17 H&R Block Inc 469 0.09
2 Gencor Industries Inc 20 – 3 Habit Restaurants Inc 33 0.01
6 Generac Holdings Inc 326 0.06 3 Hackett Group Inc 55 0.01
2 Genesco Inc 80 0.02 5 Haemonetics Corp 533 0.10
5 Genesee & Wyoming Inc 457 0.09 6 Hain Celestial Group Inc 119 0.02
3 Genie Energy Ltd 20 – 2 Halcon Resources Corp 4 –
16 Genpact Ltd 476 0.09 4 Hallador Energy Co 22 –
23 Gentex Corp 516 0.10 2 Hallmark Financial Services Inc 27 0.01
4 Gentherm Inc 173 0.03 13 Halozyme Therapeutics Inc 217 0.04
32 Genworth Financial Inc 149 0.03 1 Hamilton Beach Brands Holding Co 22 –
2 Geospace Technologies Corp 30 0.01 2 Hamilton Lane Inc 92 0.02
2 German American Bancorp Inc 66 0.01 8 Hancock Whitney Corp 327 0.06
3 Gibraltar Industries Inc 108 0.02 30 Hanesbrands Inc 471 0.09
8 Glacier Bancorp Inc 383 0.07 2 Hanger Inc 31 0.01
3 Global Blood Therapeutics Inc 100 0.02 3 Hanmi Financial Corp 68 0.01
2 Global Brass & Copper Holdings Inc 71 0.01 4 Hanover Insurance Group Inc 438 0.08
1 Global Indemnity Ltd 45 0.01 3 HarborOne Bancorp Inc 56 0.01
2 Global Water Resources Inc 23 – 14 Harley-Davidson Inc 587 0.11
3 Globant SA 199 0.04 10 Harmonic Inc 59 0.01
6 Globus Medical Inc 307 0.06 8 Harsco Corp 211 0.04
2 GlycoMimetics Inc 24 – 1 Harte-Hanks Inc 2 –
4 GMS Inc 69 0.01 5 Harvard Bioscience Inc 21 0.01
6 Gold Resource Corp 22 – 2 Haverty Furniture Cos Inc 37 0.01
2 Golden Ocean Group Ltd 14 – 10 Hawaiian Electric Industries Inc 387 0.07
2 Goldfield Corp 5 – 5 Hawaiian Holdings Inc 190 0.04
2 Goodrich Petroleum Corp 25 – 1 Hawkins Inc 60 0.01
19 Goodyear Tire & Rubber Co 429 0.08 1 Hawthorn Bancshares Inc 11 –
3 Gorman-Rupp Co 87 0.02 1 Haynes International Inc 29 0.01
2 GP Strategies Corp 22 – 5 HB Fuller Co 223 0.04
12 Graco Inc 536 0.10 1 HCI Group Inc 61 0.01
4 GrafTech International Ltd 70 0.01 6 Healthcare Services Group Inc 288 0.05
1 Graham Corp 25 – 6 HealthEquity Inc 529 0.10
– Graham Holdings Co 260 0.05 3 HealthStream Inc 65 0.01
5 Grand Canyon Education Inc 566 0.11 6 Heartland Express Inc 132 0.03
4 Granite Construction Inc 193 0.04 3 Heartland Financial USA Inc 173 0.03
28 Graphic Packaging Holding Co 335 0.06 40 Hecla Mining Co 96 0.02
6 Gray Television Inc 119 0.02 – HEICO Corp, Class A 3 –
5 Great Lakes Dredge & Dock Corp 37 0.01 – HEICO Corp, Class B – –
1 Great Southern Bancorp Inc 76 0.01 1 Heidrick & Struggles International Inc 54 0.01
6 Great Western Bancorp Inc 214 0.04 3 Helen of Troy Ltd 363 0.07
4 Green Bancorp Inc 75 0.01 12 Helix Energy Solutions Group Inc 99 0.02
5 Green Brick Partners Inc 37 0.01 9 Helmerich & Payne Inc 536 0.10
5 Green Dot Corp 429 0.08 3 Hemisphere Media Group Inc 36 0.01
4 Green Plains Inc 58 0.01 1 Hennessy Advisors Inc 15 –
3 Greenbrier Cos Inc 163 0.03 2 Herc Holdings Inc 89 0.02
2 Greenhill & Co Inc 51 0.01 4 Heritage Commerce Corp 60 0.01
3 Greenlight Capital Re Ltd 32 0.01 3 Heritage Financial Corp 111 0.02
3 Greif Inc, Class A 129 0.02 3 Heritage Insurance Holdings Inc 47 0.01
1 Greif Inc, Class B 60 0.01 2 Heritage-Crystal Clean Inc 70 0.01
– Griffin Industrial Realty Inc 7 – 5 Herman Miller Inc 186 0.04
4 Griffon Corp 49 0.01 7 Hertz Global Holdings Inc 123 0.02
2 Group 1 Automotive Inc 109 0.02 1 Heska Corp 87 0.02
49 Groupon Inc 150 0.03 7 Hexcel Corp 459 0.09
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 192
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 57.41% (continued) United States - 57.41% (continued)
4 HFF Inc 142 0.03 10 Innoviva Inc 179 0.03
2 Hibbett Sports Inc 35 0.01 2 Inogen Inc 305 0.06
19 HighPoint Resources Corp 62 0.01 1 Inovalon Holdings Inc 9 –
5 Hill International Inc 18 – 4 Inphi Corp 156 0.03
6 Hill-Rom Holdings Inc 537 0.10 3 Insight Enterprises Inc 112 0.02
5 Hillenbrand Inc 226 0.04 2 Insmed Inc 38 0.01
9 Hilltop Holdings Inc 184 0.03 4 Insperity Inc 411 0.08
7 Hilton Grand Vacations Inc 235 0.04 3 Installed Building Products Inc 105 0.02
– Hingham Institution for Savings 39 0.01 2 Insteel Industries Inc 53 0.01
8 HMS Holdings Corp 299 0.06 5 Insulet Corp 406 0.08
4 HNI Corp 170 0.03 3 Integer Holdings Corp 282 0.05
1 Home Bancorp Inc 32 0.01 7 Integra LifeSciences Holdings Corp 398 0.08
16 Home BancShares Inc 313 0.06 12 Integrated Device Technology Inc 576 0.11
2 HomeStreet Inc 59 0.01 4 Intellia Therapeutics Inc 75 0.01
2 HomeTrust Bancshares Inc 56 0.01 12 Intelsat SA 311 0.06
1 Hooker Furniture Corp 22 – 3 Inter Parfums Inc 198 0.04
14 Hope Bancorp Inc 218 0.04 7 Interactive Brokers Group Inc 396 0.08
1 HopFed Bancorp Inc 7 – 3 InterDigital Inc 232 0.04
3 Horace Mann Educators Corp 120 0.02 5 Interface Inc 81 0.02
4 Horizon Bancorp Inc 72 0.01 1 Internap Corp 8 –
2 Horizon Global Corp 4 – 6 International Bancshares Corp 239 0.05
16 Horizon Pharma PLC 328 0.06 17 International Game Technology PLC 297 0.06
3 Hornbeck Offshore Services Inc 9 – 3 International Seaways Inc 62 0.01
9 Hostess Brands Inc 110 0.02 1 Intevac Inc 5 –
13 Houghton Mifflin Harcourt Co 126 0.02 2 INTL. FCStone Inc 63 0.01
3 Houlihan Lokey Inc 116 0.02 5 Intra-Cellular Therapies Inc 67 0.01
2 Houston Wire & Cable Co 14 – 13 Intrepid Potash Inc 44 0.01
1 Howard Bancorp Inc 13 – 1 IntriCon Corp 19 –
4 Howard Hughes Corp 428 0.08 3 Invacare Corp 14 –
3 Hub Group Inc 138 0.03 1 Investar Holding Corp 31 0.01
5 Hubbell Inc 507 0.10 4 Investment Technology Group Inc 124 0.02
4 HubSpot Inc 506 0.10 28 Investors Bancorp Inc 341 0.06
3 Hudson Technologies Inc 3 – – Investors Title Co 43 0.01
17 Huntsman Corp 351 0.07 2 ION Geophysical Corp 16 –
1 Hurco Cos Inc 25 – 12 Ionis Pharmaceuticals Inc 684 0.13
2 Huron Consulting Group Inc 134 0.03 3 Iovance Biotherapeutics Inc 25 0.01
1 Hyster-Yale Materials Handling Inc 64 0.01 – IPG Photonics Corp 69 0.01
5 Iberiabank Corp 393 0.07 12 Iridium Communications Inc 279 0.05
2 ICF International Inc 111 0.02 2 iRobot Corp 166 0.03
1 Ichor Holdings Ltd 22 0.01 4 Itron Inc 202 0.04
2 ICU Medical Inc 409 0.08 8 ITT Inc 426 0.08
4 IDACORP Inc 440 0.08 1 J Alexander's Holdings Inc 13 –
2 IDT Corp 18 – 2 J&J Snack Foods Corp 280 0.05
2 IES Holdings Inc 33 0.01 6 J. Jill Inc 36 0.01
6 II-VI Inc 210 0.04 4 j2 Global Inc 317 0.06
6 IMAX Corp 102 0.02 15 Jabil Inc 364 0.07
3 Immersion Corp 29 0.01 3 Jack in the Box Inc 229 0.04
2 Immune Design Corp 3 – 3 James River Group Holdings Ltd 101 0.02
3 Imperva Inc 179 0.03 17 Janus Henderson Group PLC 396 0.08
3 Independence Contract Drilling Inc 11 – 26 JC Penney Co Inc 37 0.01
1 Independence Holding Co 55 0.01 27 Jefferies Financial Group Inc 582 0.11
3 Independent Bank Corp (Massachusetts) 210 0.04 6 Jeld Wen Holding Inc 119 0.02
2 Independent Bank Corp (Michigan) 48 0.01 29 JetBlue Airways Corp 568 0.11
3 Independent Bank Group Inc 173 0.03 1 John B Sanfilippo & Son Inc 56 0.01
17 Infinera Corp 72 0.01 3 John Bean Technologies Corp 222 0.04
2 Information Services Group Inc 10 – 4 John Wiley & Sons Inc, Class A 238 0.05
4 Ingevity Corp 382 0.07 – John Wiley & Sons Inc, Class B 11 –
1 Ingles Markets Inc 40 0.01 1 Johnson Outdoors Inc 60 0.01
4 Ingredion Inc 410 0.08 4 Jones Lang LaSalle Inc 549 0.10
4 InnerWorkings Inc 17 – 4 K12 Inc 103 0.02
2 Innophos Holdings Inc 57 0.01 1 Kadant Inc 85 0.02
2 Innospec Inc 167 0.03 2 Kaiser Aluminum Corp 162 0.03
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 193
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 57.41% (continued) United States - 57.41% (continued)
8 KAR Auction Services Inc 460 0.09 42 LendingClub Corp 145 0.03
1 Karyopharm Therapeutics Inc 14 – 1 LendingTree Inc 266 0.05
8 KB Home 175 0.03 3 LHC Group Inc 342 0.06
14 KBR Inc 266 0.05 3 Libbey Inc 15 –
8 Keane Group Inc 91 0.02 5 Liberty Expedia Holdings Inc 209 0.04
10 Kearny Financial Corp 130 0.02 4 Liberty Latin America Ltd, Class A 70 0.01
3 Kelly Services Inc 58 0.01 9 Liberty Latin America Ltd, Class C 173 0.03
6 KEMET Corp 127 0.02 2 Liberty Tax Inc 30 0.01
6 Kemper Corp 439 0.08 6 Liberty TripAdvisor Holdings Inc 122 0.02
7 Kennametal Inc 292 0.06 2 Lifetime Brands Inc 21 0.01
13 Kennedy-Wilson Holdings Inc 245 0.05 1 Lifeway Foods Inc 2 –
2 Key Energy Services Inc 12 – 2 Ligand Pharmaceuticals Inc 275 0.05
2 Key Tronic Corp 13 – 12 Limelight Networks Inc 40 0.01
5 KeyW Holding Corp 45 0.01 1 Limoneira Co 30 0.01
2 Kforce Inc 66 0.01 5 Lincoln Electric Holdings Inc 459 0.09
2 Kimball Electronics Inc 39 0.01 5 Lindblad Expeditions Holdings Inc 67 0.01
4 Kimball International Inc 56 0.01 1 Lindsay Corp 120 0.02
3 Kindred Biosciences Inc 41 0.01 7 Lions Gate Entertainment Corp, Class A 140 0.03
1 Kingstone Cos Inc 19 – 10 Lions Gate Entertainment Corp, Class B 176 0.03
2 Kinsale Capital Group Inc 129 0.02 2 Lipocine Inc 3 –
6 Kirby Corp 425 0.08 3 Liquidity Services Inc 16 –
2 Kirkland's Inc 17 – 2 Lithia Motors Inc 144 0.03
2 KLX Energy Services Holdings Inc 41 0.01 2 Littelfuse Inc 411 0.08
15 Knight-Swift Transportation Holdings Inc 512 0.10 5 LivaNova PLC 482 0.09
5 Knoll Inc 91 0.02 1 Live Nation Entertainment Inc 72 0.01
9 Knowles Corp 143 0.03 4 Live Oak Bancshares Inc 69 0.01
1 Kona Grill Inc 2 – 2 LivePerson Inc 37 0.01
7 Kopin Corp 12 – 7 LiveRamp Holdings Inc 345 0.07
2 Koppers Holdings Inc 37 0.01 5 LogMeIn Inc 425 0.08
5 Korn/Ferry International 261 0.05 3 Lonestar Resources US Inc 20 –
36 Kosmos Energy Ltd 194 0.04 13 Louisiana-Pacific Corp 291 0.06
3 Kraton Corp 82 0.02 3 Loxo Oncology Inc 392 0.07
10 Kratos Defense & Security Solutions Inc 136 0.03 7 LPL Financial Holdings Inc 467 0.09
7 Kronos Worldwide Inc 82 0.02 2 LSB Industries Inc 16 –
5 Kulicke & Soffa Industries Inc 117 0.02 4 LSC Communications Inc 40 0.01
2 KVH Industries Inc 27 0.01 3 LSI Industries Inc 14 –
5 La-Z-Boy Inc 133 0.03 2 Luby's Inc 3 –
20 Ladenburg Thalmann Financial Services Inc 58 0.01 2 Lumber Liquidators Holdings Inc 20 –
5 Lakeland Bancorp Inc 85 0.02 5 Lumentum Holdings Inc 238 0.05
2 Lakeland Financial Corp 99 0.02 5 Luminex Corp 132 0.03
– Lakeland Industries Inc 5 – 3 Luna Innovations Inc 11 –
3 Lancaster Colony Corp 459 0.09 2 Luxoft Holding Inc 55 0.01
3 Landec Corp 46 0.01 2 Lydall Inc 42 0.01
– Landmark Bancorp Inc 10 – 3 M/I Homes Inc 60 0.01
3 Lands' End Inc 71 0.01 4 Macatawa Bank Corp 44 0.01
3 Landstar System Inc 372 0.07 1 Mackinac Financial Corp 19 –
3 Lannett Co Inc 20 – 5 MACOM Technology Solutions Holdings Inc 84 0.02
4 Lantheus Holdings Inc 68 0.01 6 Macquarie Infrastructure Corp 241 0.05
21 Laredo Petroleum Inc 92 0.02 4 MacroGenics Inc 63 0.01
11 Lattice Semiconductor Corp 64 0.01 2 Madison Square Garden Co 438 0.08
8 Laureate Education Inc 112 0.02 1 Madrigal Pharmaceuticals Inc 164 0.03
1 Lawson Products Inc 36 0.01 2 Magellan Health Inc 106 0.02
10 Lazard Ltd 385 0.07 6 Maiden Holdings Ltd 15 –
1 LB Foster Co 21 0.01 3 Majesco 20 –
2 LCI Industries 138 0.03 2 Malibu Boats Inc 89 0.02
1 LCNB Corp 18 – 9 Mallinckrodt PLC 207 0.04
3 Leaf Group Ltd 28 0.01 5 Manhattan Associates Inc 266 0.05
6 Lee Enterprises Inc 13 – 2 Manitex International Inc 17 –
5 LegacyTexas Financial Group Inc 176 0.03 3 Manitowoc Co Inc 69 0.01
7 Legg Mason Inc 217 0.04 5 ManpowerGroup Inc 372 0.07
11 Leggett & Platt Inc 422 0.08 2 ManTech International Corp 132 0.03
2 LeMaitre Vascular Inc 54 0.01 3 Marchex Inc 8 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 194
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 57.41% (continued) United States - 57.41% (continued)
3 Marcus & Millichap Inc 119 0.02 1 Midstates Petroleum Co Inc 6 –
1 Marcus Corp 46 0.01 1 MidWestOne Financial Group Inc 34 0.01
3 Marine Products Corp 69 0.01 7 Milacron Holdings Corp 101 0.02
3 MarineMax Inc 54 0.01 1 Miller Industries Inc 30 0.01
3 MarketAxess Holdings Inc 612 0.12 5 Mimecast Ltd 200 0.04
1 Marlin Business Services Corp 36 0.01 4 Minbody Inc 112 0.02
4 Marriott Vacations Worldwide Corp 304 0.06 3 Minerals Technologies Inc 188 0.04
5 Marten Transport Ltd 105 0.02 5 Minerva Neurosciences Inc 39 0.01
5 Masimo Corp 544 0.10 3 Miragen Therapeutics Inc 12 –
2 Masonite International Corp 132 0.03 4 Mirati Therapeutics Inc 164 0.03
7 MasTec Inc 314 0.06 3 Mistras Group Inc 55 0.01
2 MasterCraft Boat Holdings Inc 59 0.01 1 Mitcham Industries Inc 2 –
10 Matador Resources Co 236 0.04 4 Mitek Systems Inc 34 0.01
2 Materion Corp 105 0.02 5 MKS Instruments Inc 375 0.07
3 Matrix Service Co 62 0.01 1 MMA Capital Management LLC 14 –
5 Matson Inc 178 0.03 3 Mobile Mini Inc 140 0.03
29 Mattel Inc 404 0.08 6 Modine Manufacturing Co 72 0.01
3 Matthews International Corp 121 0.02 4 Moelis & Co 150 0.03
2 Maui Land & Pineapple Co Inc 18 – 1 Molecular Templates Inc 6 –
5 MAXIMUS Inc 383 0.07 5 Molina Healthcare Inc 733 0.14
5 MaxLinear Inc 111 0.02 2 Momenta Pharmaceuticals Inc 27 0.01
1 Maxwell Technologies Inc 3 – 4 MoneyGram International Inc 10 –
8 MB Financial Inc 361 0.07 2 MongoDB Inc 153 0.03
15 MBIA Inc 135 0.03 4 Monolithic Power Systems Inc 476 0.09
2 MBT Financial Corp 25 0.01 4 Monotype Imaging Holdings Inc 65 0.01
1 McClatchy Co 3 – 3 Monro Inc 269 0.05
16 McDermott International Inc 136 0.03 3 Moog Inc 252 0.05
17 McEwen Mining Inc 30 0.01 4 Morningstar Inc 471 0.09
4 McEwen Mining Inc 7 – 2 Motorcar Parts of America Inc 32 0.01
2 McGrath RentCorp 111 0.02 1 Movado Group Inc 49 0.01
4 MDC Holdings Inc 122 0.02 7 Mr Cooper Group Inc 111 0.02
17 MDU Resources Group Inc 460 0.09 8 MRC Global Inc 128 0.02
13 Media General Inc CVR 1 – 4 MSA Safety Inc 407 0.08
5 Medidata Solutions Inc 385 0.07 – MSB Financial Corp 1 –
1 Medifast Inc 175 0.03 4 MSC Industrial Direct Co Inc 346 0.07
8 Mednax Inc 339 0.06 6 MSG Networks Inc 170 0.03
3 Medpace Holdings Inc 155 0.03 2 MTS Systems Corp 93 0.02
2 Meet Group Inc 9 – 5 Mueller Industries Inc 119 0.02
1 Melinta Therapeutics Inc 3 – 17 Mueller Water Products Inc 176 0.03
2 Mercantile Bank Corp 52 0.01 2 Multi-Color Corp 71 0.01
7 Mercer International Inc 82 0.02 16 Murphy Oil Corp 499 0.09
6 Mercury General Corp 323 0.06 3 Murphy USA Inc 269 0.05
5 Mercury Systems Inc 250 0.05 1 MutualFirst Financial Inc 18 –
4 Meredith Corp 215 0.04 1 MVB Financial Corp 22 0.01
6 Meridian Bancorp Inc 93 0.02 3 Myers Industries Inc 50 0.01
5 Meridian Bioscience Inc 97 0.02 1 MYR Group Inc 39 0.01
5 Merit Medical Systems Inc 320 0.06 7 Myriad Genetics Inc 230 0.04
3 Meritage Homes Corp 111 0.02 32 Nabors Industries Ltd 105 0.02
7 Meritor Inc 123 0.02 4 Nabriva Therapeutics PLC 7 –
– Mesa Laboratories Inc 89 0.02 – NACCO Industries Inc 17 –
4 Meta Financial Group Inc 82 0.02 2 Nanometrics Inc 65 0.01
3 Methode Electronics Inc 95 0.02 2 Napco Security Technologies Inc 25 0.01
3 MGE Energy Inc 211 0.04 – Nathan's Famous Inc 29 0.01
30 MGIC Investment Corp 346 0.07 3 National Bank Holdings Corp 101 0.02
1 MGP Ingredients Inc 93 0.02 1 National Bankshares Inc 39 0.01
15 Michaels Cos Inc 257 0.05 3 National Beverage Corp 221 0.04
1 MicroStrategy Inc 111 0.02 9 National CineMedia Inc 61 0.01
5 Middleby Corp 545 0.10 2 National Commerce Corp 83 0.02
– Middlefield Banc Corp 20 – 8 National Fuel Gas Co 412 0.08
2 Middlesex Water Co 102 0.02 9 National General Holdings Corp 245 0.05
2 Midland States Bancorp Inc 56 0.01 2 National HealthCare Corp 147 0.03
1 MidSouth Bancorp Inc 19 – 12 National Instruments Corp 574 0.11
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 195
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 57.41% (continued) United States - 57.41% (continued)
1 National Presto Industries Inc 74 0.01 28 Nuance Communications Inc 452 0.09
2 National Research Corp 93 0.02 1 Nutanix Inc 55 0.01
6 National Vision Holdings Inc 237 0.05 3 Nutrisystem Inc 114 0.02
– National Western Life Group Inc 109 0.02 5 NuVasive Inc 288 0.05
2 Natural Gas Services Group Inc 30 0.01 2 Nuvectra Corp 43 0.01
3 Natural Grocers by Vitamin Cottage Inc 57 0.01 1 NV5 Global Inc 87 0.02
1 Natural Health Trends Corp 24 0.01 1 NVE Corp 48 0.01
1 Nature's Sunshine Products Inc 8 – 16 nVent Electric PLC 398 0.08
3 Natus Medical Inc 104 0.02 1 Oak Valley Bancorp 11 –
3 Nautilus Inc 35 0.01 29 Oasis Petroleum Inc 205 0.04
27 Navient Corp 308 0.06 10 Oceaneering International Inc 160 0.03
4 Navigant Consulting Inc 93 0.02 4 OceanFirst Financial Corp 113 0.02
2 Navigators Group Inc 156 0.03 9 Oclaro Inc 73 0.01
9 Navistar International Corp 274 0.05 6 Ocwen Financial Corp 14 –
4 NBT Bancorp Inc 158 0.03 45 Office Depot Inc 147 0.03
6 NCI Building Systems Inc 68 0.01 4 OFG Bancorp 69 0.01
9 NCR Corp 255 0.05 15 OGE Energy Corp 607 0.12
2 NCS Multistage Holdings Inc 17 – 4 Oil States International Inc 86 0.02
2 Neenah Inc 104 0.02 1 Oil-Dri Corp of America 21 –
2 Nelnet Inc 129 0.02 8 Okta Inc 539 0.10
4 Neogen Corp 272 0.05 2 Old Line Bancshares Inc 61 0.01
8 NeoGenomics Inc 128 0.02 14 Old National Bancorp 270 0.05
1 NeoPhotonics Corp 8 – 26 Old Republic International Corp 576 0.11
3 Netgar Inc 155 0.03 4 Old Second Bancorp Inc 53 0.01
8 NetScout Systems Inc 219 0.04 15 Olin Corp 323 0.06
– Neurocrine Biosciences Inc 33 0.01 6 Ollie's Bargain Outlet Holdings Inc 531 0.10
2 New Home Co Inc 14 – – Olympic Steel Inc 8 –
8 New Jersey Resources Corp 370 0.07 1 Omega Flex Inc 52 0.01
6 New Media Investment Group Inc 75 0.01 4 Omnicell Inc 299 0.06
5 New Relic Inc 468 0.09 4 OMNOVA Solutions Inc 33 0.01
44 New York Community Bancorp Inc 469 0.09 9 On Deck Capital Inc 73 0.01
16 New York Times Co 427 0.08 5 ONE Gas Inc 398 0.08
19 Newfield Exploration Co 324 0.06 13 OneMain Holdings Inc 367 0.07
1 NewMarket Corp 405 0.08 4 OneSpan Inc 65 0.01
8 Newpark Resources Inc 60 0.01 33 OPKO Health Inc 123 0.02
5 NewStar Financial Inc 1 – 1 Oppenheimer Holdings Inc 41 0.01
9 Nexeo Solutions Inc 91 0.02 3 Opus Bank 70 0.01
5 Nexstar Media Group Inc 397 0.08 6 OraSure Technologies Inc 72 0.01
6 NextGen Healthcare Inc 111 0.02 7 ORBCOMM Inc 62 0.01
1 NI Holdings Inc 23 – 1 Orchids Paper Products Co 2 –
6 NIC Inc 79 0.02 3 Orion Group Holdings Inc 15 –
1 Nicholas Financial Inc 9 – 5 Oritani Financial Corp 75 0.01
1 Nicolet Bankshares Inc 58 0.01 4 Ormat Technologies Inc 241 0.05
4 NL Industries Inc 17 – 1 Ormat Technologies Inc 78 0.01
7 NMI Holdings Inc 137 0.03 1 Orrstown Financial Services Inc 12 –
2 NN Inc 14 – 2 Orthofix Medical Inc 128 0.02
24 Noble Corp PLC 102 0.02 6 Oshkosh Corp 430 0.08
– Nordic American Offshore Ltd – – 2 OSI Systems Inc 116 0.02
4 Nordic American Tankers Ltd 13 – 1 Otonomy Inc 2 –
1 Northeast Bancorp 16 – 4 Otter Tail Corp 181 0.03
20 Northern Oil and Gas Inc 51 0.01 8 Overseas Shipholding Group Inc 18 –
– Northern Technologies International Corp 16 – 2 Overstock.com Inc 40 0.01
5 Northfield Bancorp Inc 65 0.01 2 Ovid therapeutics 10 –
1 Northrim BanCorp Inc 22 0.01 5 Owens & Minor Inc 41 0.01
8 Northwest Bancshares Inc 146 0.03 7 Owens Corning 342 0.06
3 Northwest Natural Holding Co 177 0.03 14 Owens-Illinois Inc 252 0.05
1 Northwest Pipe Co 13 – 3 Oxford Immunotec Global PLC 38 0.01
4 NorthWestern Corp 287 0.05 2 Oxford Industries Inc 139 0.03
– Norwood Financial Corp 11 – 2 Pacific Mercantile Bancorp 14 –
3 Novanta Inc 207 0.04 5 Pacific Premier Bancorp Inc 148 0.03
12 NOW Inc 155 0.03 2 Pacira Pharmaceuticals Inc 107 0.02
5 Nu Skin Enterprises Inc 309 0.06 11 PacWest Bancorp 450 0.09
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 196
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 57.41% (continued) United States - 57.41% (continued)
1 PAM Transportation Services Inc 41 0.01 2 Pixelworks Inc 7 –
– Pangaea Logistics Solutions Ltd 1 – 2 PJT Partners Inc 90 0.02
2 Panhandle Oil and Gas Inc 32 0.01 9 Planet Fitness Inc 482 0.09
2 Papa John's International Inc 116 0.02 4 Plantronics Inc 173 0.03
4 Par Pacific Holdings Inc 71 0.01 26 Platform Specialty Products Corp 307 0.06
1 PAR Technology Corp 24 0.01 13 Playa Hotels & Resorts NV 99 0.02
2 Park Electrochemical Corp 40 0.01 3 Plexus Corp 160 0.03
1 Park National Corp 138 0.03 7 PNM Resources Inc 291 0.06
1 Park-Ohio Holdings Corp 43 0.01 5 Polaris Industries Inc 514 0.10
1 Parke Bancorp Inc 22 0.01 7 PolyOne Corp 232 0.04
2 Party City Holdco Inc 18 – 3 Pool Corp 550 0.10
2 Patrick Industries Inc 84 0.02 10 Popular Inc 576 0.11
– Patriot Transportation Holding Inc 5 – 8 Portland General Electric Co 377 0.07
10 Pattern Energy Group Inc 203 0.04 6 Post Holdings Inc 610 0.12
8 Patterson Cos Inc 204 0.04 3 Potbelly Corp 30 0.01
20 Patterson-UTI Energy Inc 275 0.05 1 Powell Industries Inc 33 0.01
5 Paycom Software Inc 674 0.13 3 Power Integrations Inc 168 0.03
4 Paylocity Holding Corp 285 0.05 1 Power Solutions International Inc 6 –
11 PBF Energy Inc 417 0.08 8 PQ Group Holdings Inc 119 0.02
2 PC Connection Inc 77 0.01 4 PRA Group Inc 129 0.02
1 PC-Tel Inc 6 – 6 PRA Health Sciences Inc 707 0.13
1 PCM Inc 16 – 1 Preferred Bank 73 0.01
1 PCSB Financial Corp 27 0.01 1 Preformed Line Products Co 32 0.01
6 PDC Energy Inc 204 0.04 1 Premier Financial Bancorp Inc 23 0.01
3 PDF Solutions Inc 28 0.01 5 Premier Inc 200 0.04
13 PDL BioPharma Inc 41 0.01 6 Presidio Inc 86 0.02
1 pdvWireless Inc 42 0.01 4 Prestige Consumer Healthcare Inc 162 0.03
11 Peabody Energy Corp 348 0.07 3 PRGX Global Inc 27 0.01
2 Peapack Gladstone Financial Corp 49 0.01 3 PriceSmart Inc 188 0.04
6 Pegasystems Inc 347 0.07 4 Primerica Inc 503 0.10
10 Penn National Gaming Inc 229 0.04 4 Primo Water Corp 64 0.01
2 Penn Virginia Corp 90 0.02 5 Primoris Services Corp 110 0.02
– Penns Woods Bancorp Inc 21 0.01 4 ProAssurance Corp 193 0.04
2 PennyMac Financial Services Inc 43 0.01 4 Progress Software Corp 130 0.02
8 Penske Automotive Group Inc 353 0.07 5 Proofpoint Inc 440 0.08
9 Pentair PLC 377 0.07 7 ProPetro Holding Corp 114 0.02
3 Penumbra Inc 392 0.07 6 Prosperity Bancshares Inc 435 0.08
34 People's United Financial Inc 578 0.11 1 Protective Insurance Corp 29 0.01
2 People's Utah Bancorp 63 0.01 2 Proto Labs Inc 285 0.05
2 Peoples Bancorp Inc 74 0.01 1 Providence Service Corp 76 0.01
1 Peoples Financial Services Corp 34 0.01 – Provident Bancorp Inc 6 –
1 Perceptron Inc 4 – – Provident Financial Holdings Inc 7 –
3 Perficient Inc 75 0.01 6 Provident Financial Services Inc 150 0.03
9 Performance Food Group Co 303 0.06 1 Prudential Bancorp Inc 10 –
4 Performant Financial Corp 7 – 17 PulteGroup Inc 452 0.09
15 Perspecta Inc 318 0.06 3 Pure Cycle Corp 31 0.01
1 PetMed Express Inc 31 0.01 16 Pure Storage Inc 306 0.06
4 Pfenex Inc 15 – 1 Pyxus International Inc 17 –
1 PFSweb Inc 7 – 2 Pzena Investment Management Inc 16 –
5 PGT Innovations Inc 101 0.02 2 QAD Inc 65 0.01
3 PH Glatfelter Co 43 0.01 1 QCR Holdings Inc 54 0.01
1 PHI Inc 5 – 23 QEP Resources Inc 186 0.04
2 Phibro Animal Health Corp 64 0.01 4 Quad/Graphics Inc 63 0.01
5 Photronics Inc 46 0.01 1 Quaker Chemical Corp 252 0.05
2 PICO Holdings Inc 16 – 3 Qualys Inc 259 0.05
9 Pier 1 Imports Inc 13 – 3 Quanex Building Products Corp 53 0.01
11 Pilgrim's Pride Corp 223 0.04 13 Quanta Services Inc 467 0.09
7 Pinnacle Financial Partners Inc 409 0.08 4 Quidel Corp 223 0.04
7 Pioneer Energy Services Corp 18 – 6 QuinStreet Inc 90 0.02
1 Piper Jaffray Cos 93 0.02 1 Qumu Corp 1 –
16 Pitney Bowes Inc 132 0.03 4 Quorum Health Corp 19 –
1 Pivotal Software Inc 11 – 8 Quotient Technology Inc 100 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 197
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 57.41% (continued) United States - 57.41% (continued)
7 R1 RCM Inc 61 0.01 6 Rubicon Project Inc 26 0.01
3 Ra Pharmaceuticals Inc 50 0.01 3 Rudolph Technologies Inc 57 0.01
19 Radian Group Inc 342 0.06 3 Rush Enterprises Inc 112 0.02
4 Radiant Logistics Inc 22 0.01 3 Ruth's Hospitality Group Inc 69 0.01
4 RadNet Inc 58 0.01 4 Ryder System Inc 212 0.04
1 Rafael Holdings Inc 9 – 3 Ryerson Holding Corp 27 0.01
11 Rambus Inc 99 0.02 3 S&T Bancorp Inc 133 0.03
25 Range Resources Corp 359 0.07 21 Sabre Corp 530 0.10
4 Raven Industries Inc 144 0.03 1 Safeguard Scientifics Inc 13 –
5 Rayonier Advanced Materials Inc 81 0.02 1 Safety Insurance Group Inc 118 0.02
2 RBC Bearings Inc 348 0.07 – Saga Communications Inc 11 –
1 RCI Hospitality Holdings Inc 26 0.01 4 Sage Therapeutics Inc 426 0.08
2 RE/MAX Holdings Inc 62 0.01 2 Saia Inc 140 0.03
3 Reading International Inc 40 0.01 3 Salem Media Group Inc 8 –
4 RealNetworks Inc 10 – 12 Sally Beauty Holdings Inc 259 0.05
12 Realogy Holdings Corp 223 0.04 2 Sanderson Farms Inc 226 0.04
8 RealPage Inc 399 0.08 1 SandRidge Energy Inc 12 –
3 Red Lion Hotels Corp 28 0.01 3 Sandy Spring Bancorp Inc 117 0.02
1 Red Robin Gourmet Burgers Inc 38 0.01 4 Sangamo Therapeutics Inc 45 0.01
6 Red Rock Resorts Inc 150 0.03 5 Sanmina Corp 145 0.03
4 Regal Beloit Corp 314 0.06 22 Santander Consumer USA Holdings Inc 437 0.08
3 REGENXBIO Inc 190 0.04 3 Sapiens International Corp NV 40 0.01
1 Regional Management Corp 33 0.01 5 Sarepta Therapeutics Inc 652 0.12
5 Regis Corp 93 0.02 2 Savara Inc 20 –
6 Reliance Steel & Aluminum Co 512 0.10 1 SB Financial Group Inc 11 –
4 RenaissanceRe Holdings Ltd 491 0.09 1 SB One Bancorp 15 –
5 Renasant Corp 191 0.04 2 ScanSource Inc 76 0.01
3 Renewable Energy Group Inc 73 0.01 9 Schneider National Inc 190 0.04
4 Rent-A-Center Inc 52 0.01 3 Schnitzer Steel Industries Inc 80 0.02
4 Repligen Corp 276 0.05 3 Scholastic Corp 121 0.02
2 Republic Bancorp Inc 87 0.02 3 Schweitzer-Mauduit International Inc 83 0.02
6 Republic First Bancorp Inc 44 0.01 3 Science Applications International Corp 238 0.05
11 Resolute Forest Products Inc 115 0.02 8 Scientific Games Corp 157 0.03
3 Resources Connection Inc 42 0.01 7 Scorpio Bulkers Inc 43 0.01
4 Retrophin Inc 101 0.02 33 Scorpio Tankers Inc 68 0.01
3 REV Group Inc 37 0.01 4 Scotts Miracle-Gro Co 341 0.06
1 Revance Therapeutics Inc 17 – – Seaboard Corp 268 0.05
1 Revlon Inc 34 0.01 3 Seachange International Inc 4 –
1 REX American Resources Corp 42 0.01 4 Seacoast Banking Corp of Florida 125 0.02
9 Rexnord Corp 247 0.05 2 SEACOR Holdings Inc 74 0.01
1 RGC Resources Inc 15 – 3 SEACOR Marine Holdings Inc 46 0.01
2 RH 260 0.05 14 Sealed Air Corp 496 0.09
12 Ribbon Communications Inc 64 0.01 3 Sears Hometown and Outlet Stores Inc 6 –
1 Richardson Electronics Ltd 6 – 1 SeaSpine Holdings Corp 20 –
2 RigNet Inc 36 0.01 6 SeaWorld Entertainment Inc 169 0.03
7 Ring Energy Inc 49 0.01 3 Select Energy Services Inc 33 0.01
6 RingCentral Inc 473 0.09 12 Select Medical Holdings Corp 225 0.04
2 Riverview Bancorp Inc 17 – 6 Selective Insurance Group Inc 399 0.08
4 RLI Corp 322 0.06 8 SemGroup Corp 122 0.02
1 RMR Group Inc 80 0.02 6 Semtech Corp 326 0.06
4 Roadrunner Transportation Systems Inc 3 – 1 Seneca Foods Corp 30 0.01
2 Robert Half International Inc 148 0.03 4 Sensient Technologies Corp 242 0.05
1 Rocky Brands Inc 19 – 15 Service Corp International 714 0.14
2 Rogers Corp 219 0.04 10 ServiceMaster Global Holdings Inc 423 0.08
5 Roku Inc 217 0.04 7 ServiceSource International Inc 10 –
2 Rosetta Stone Inc 39 0.01 5 ServisFirst Bancshares Inc 191 0.04
12 Rowan Cos PLC 169 0.03 2 Severn Bancorp Inc 18 –
6 Royal Gold Inc 408 0.08 1 Shake Shack Inc 59 0.01
11 RPC Inc 139 0.03 5 Shenandoah Telecommunications Co 244 0.05
8 RPM International Inc 519 0.10 1 Shiloh Industries Inc 8 –
6 RTI Surgical Inc 26 0.01 11 Ship Finance International Ltd 149 0.03
8 RTW RetailWinds Inc 27 0.01 2 Shoe Carnival Inc 66 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 198
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 57.41% (continued) United States - 57.41% (continued)
2 Shore Bancshares Inc 27 0.01 4 Stage Stores Inc 6 –
3 Shutterfly Inc 145 0.03 2 Stamps.com Inc 266 0.05
3 Shutterstock Inc 128 0.02 – Standard AVB Financial 3 –
1 SI Financial Group Inc 16 – 2 Standard Motor Products Inc 132 0.03
2 Sierra Bancorp 51 0.01 1 Standex International Corp 85 0.02
5 Sierra Oncology Inc 9 – 1 StarTek Inc 6 –
– SIFCO Industries Inc 1 – 4 State Auto Financial Corp 140 0.03
5 Signature Bank 582 0.11 4 State Bank Financial Corp 97 0.02
6 Signet Jewelers Ltd 306 0.06 5 Steel Connect Inc 9 –
10 Silgan Holdings Inc 250 0.05 9 Steelcase Inc 145 0.03
4 Silicon Laboratories Inc 335 0.06 4 Stein Mart Inc 5 –
1 SilverBow Resources Inc 29 0.01 2 Stepan Co 180 0.03
1 Silvercrest Asset Management Group Inc 11 – 8 Stericycle Inc 361 0.07
9 Simmons First National Corp 255 0.05 21 Sterling Bancorp 401 0.08
4 Simply Good Foods Co 72 0.01 2 Sterling Construction Co Inc 30 0.01
4 Simpson Manufacturing Co Inc 232 0.04 7 Steven Madden Ltd 236 0.04
2 Simulations Plus Inc 47 0.01 2 Stewart Information Services Corp 69 0.01
7 Sinclair Broadcast Group Inc 207 0.04 6 Stifel Financial Corp 308 0.06
3 SiteOne Landscape Supply Inc 213 0.04 2 Stock Yards Bancorp Inc 68 0.01
7 Six Flags Entertainment Corp 451 0.09 2 Stoneridge Inc 65 0.01
2 SJW Group 98 0.02 4 Stratasys Ltd 88 0.02
11 Skechers U.S.A. Inc 296 0.06 2 Strategic Education Inc 251 0.05
1 Skyline Champion Corp 31 0.01 1 Strattec Security Corp 15 –
4 SkyWest Inc 235 0.04 1 Stratus Properties Inc 19 –
4 Sleep Number Corp 135 0.03 1 Summit Financial Group Inc 21 0.01
39 SLM Corp 405 0.08 9 Summit Materials Inc 133 0.03
11 SM Energy Co 217 0.04 3 Sun Hydraulics Corp 128 0.02
2 Smart & Final Stores Inc 15 – 5 SunCoke Energy Inc 45 0.01
4 Smart Metering Systems PLC 26 0.01 10 Sunrun Inc 147 0.03
1 SmartFinancial Inc 24 0.01 4 Super Micro Computer Inc 58 0.01
4 SolarEdge Technologies Inc 152 0.03 14 Superior Energy Services Inc 78 0.01
3 Sonic Automotive Inc 43 0.01 1 Superior Group of Cos Inc 25 0.01
3 Sonic Corp 129 0.02 2 Superior Industries International Inc 17 –
9 Sonoco Products Co 494 0.09 4 Supernus Pharmaceuticals Inc 210 0.04
5 Sotheby's 182 0.03 2 Surgery Partners Inc 23 0.01
8 South Jersey Industries Inc 240 0.05 1 Surmodics Inc 78 0.01
3 South State Corp 252 0.05 3 Sykes Enterprises Inc 89 0.02
1 Southern First Bancshares Inc 32 0.01 1 Synalloy Corp 18 –
1 Southern Missouri Bancorp Inc 29 0.01 3 Synaptics Inc 122 0.02
2 Southern National Bancorp of Virginia Inc 36 0.01 4 Synchronoss Technologies Inc 24 0.01
3 Southside Bancshares Inc 107 0.02 2 Syndax Pharmaceuticals Inc 9 –
4 Southwest Gas Holdings Inc 331 0.06 10 Syneos Health Inc 531 0.10
59 Southwestern Energy Co 283 0.05 3 Synlogic Inc 26 0.01
2 SP Plus Corp 59 0.01 4 SYNNEX Corp 296 0.06
1 Spark Therapeutics 38 0.01 11 Synovus Financial Corp 404 0.08
4 Spartan Motors Inc 28 0.01 3 Syros Pharmaceuticals Inc 22 0.01
3 SpartanNash Co 50 0.01 4 Systemax Inc 102 0.02
1 Sparton Corp 13 – – Tableau Software Inc 29 0.01
5 Spectrum Brands Holdings Inc 253 0.05 4 Tailored Brands Inc 97 0.02
5 Spectrum Pharmaceuticals Inc 76 0.01 2 Talos Energy Inc 41 0.01
3 Speedway Motorsports Inc 59 0.01 3 Taro Pharmaceutical Industries Ltd 284 0.05
4 Spire Inc 345 0.07 10 Taylor Morrison Home Corp 169 0.03
7 Spirit Airlines Inc 436 0.08 15 TCF Financial Corp 340 0.06
2 Spok Holdings Inc 24 0.01 3 Team Inc 47 0.01
4 Sportsman's Warehouse Holdings Inc 18 – 3 Tech Data Corp 274 0.05
10 Sprouts Farmers Market Inc 235 0.04 3 TechTarget Inc 38 0.01
2 SPS Commerce Inc 141 0.03 6 Teekay Corp 28 0.01
4 SPX Corp 109 0.02 13 Teekay Tankers Ltd 14 –
4 SPX FLOW Inc 151 0.03 22 TEGNA Inc 289 0.05
23 SRC Energy Inc 131 0.02 2 Tejon Ranch Co 43 0.01
6 St Joe Co 89 0.02 6 Teladoc Health Inc 353 0.07
2 Staar Surgical Co 84 0.02 4 Telaria Inc 12 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 199
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 57.41% (continued) United States - 57.41% (continued)
3 Teledyne Technologies Inc 584 0.11 15 Trinity Industries Inc 367 0.07
4 Telenav Inc 17 – 3 Trinity Place Holdings Inc 16 –
11 Telephone & Data Systems Inc 380 0.07 4 Trinseo SA 186 0.04
4 Tempur Sealy International Inc 197 0.04 11 TripAdvisor Inc 678 0.13
9 Tenet Healthcare Corp 241 0.05 3 Triple-S Management Corp 50 0.01
2 Tennant Co 104 0.02 3 TriState Capital Holdings Inc 65 0.01
4 Tenneco Inc 124 0.02 7 Triton International Ltd 248 0.05
10 Teradata Corp 378 0.07 2 Triumph Bancorp Inc 94 0.02
12 Teradyne Inc 416 0.08 4 Triumph Group Inc 71 0.01
7 Terex Corp 238 0.05 8 Tronox Ltd 90 0.02
19 TerraForm Power Inc 221 0.04 4 TrueBlue Inc 98 0.02
1 Territorial Bancorp Inc 24 0.01 9 TrueCar Inc 94 0.02
1 TESSCO Technologies Inc 10 – 10 TrustCo Bank Corp NY 76 0.01
6 Tetra Tech Inc 343 0.07 6 Trustmark Corp 206 0.04
13 TETRA Technologies Inc 29 0.01 3 TTEC Holdings Inc 101 0.02
4 Tetraphase Pharmaceuticals Inc 7 – 7 TTM Technologies Inc 87 0.02
5 Texas Capital Bancshares Inc 275 0.05 2 Tuesday Morning Corp 4 –
6 Texas Roadhouse Inc 406 0.08 4 Tupperware Brands Corp 135 0.03
5 Textainer Group Holdings Ltd 51 0.01 2 Turning Point Brands Inc 61 0.01
12 TFS Financial Corp 194 0.04 4 Tutor Perini Corp 73 0.01
3 Thermon Group Holdings Inc 76 0.01 7 Twilio Inc 629 0.12
1 TheStreet Inc 1 – 2 Twin Disc Inc 27 0.01
9 Third Point Reinsurance Ltd 91 0.02 1 Two River Bancorp 12 –
4 Thor Industries Inc 259 0.05 – Tyler Technologies Inc 51 0.01
1 Tidewater Inc 15 – 5 Ubiquiti Networks Inc 567 0.11
6 Tile Shop Holdings Inc 35 0.01 1 UFP Technologies Inc 24 0.01
2 Tilly's Inc 28 0.01 3 Ultra Clean Holdings Inc 27 0.01
1 Timberland Bancorp Inc 20 – 14 Ultra Petroleum Corp 18 –
6 Timken Co 260 0.05 1 Ultragenyx Pharmaceutical Inc 75 0.01
4 TimkenSteel Corp 42 0.01 3 Ultralife Corp 18 –
3 Tiptree Inc 19 – 5 UMB Financial Corp 317 0.06
6 Titan International Inc 41 0.01 20 Umpqua Holdings Corp 387 0.07
2 Titan Machinery Inc 34 0.01 1 Under Armour Inc 28 0.01
4 Tivity Health Inc 144 0.03 1 Unifi Inc 31 0.01
12 TiVo Corp 117 0.02 1 UniFirst Corp 219 0.04
12 Toll Brothers Inc 401 0.08 6 Union Bankshares Corp 204 0.04
1 Tompkins Financial Corp 108 0.02 5 Unisys Corp 62 0.01
3 Tootsie Roll Industries Inc 96 0.02 5 Unit Corp 96 0.02
3 TopBuild Corp 165 0.03 10 United Bankshares Inc 348 0.07
9 Toro Co 553 0.11 7 United Community Banks Inc 191 0.04
2 Tower International Inc 62 0.01 5 United Community Financial Corp 48 0.01
3 Town Sports International Holdings Inc 19 – 4 United Financial Bancorp Inc 73 0.01
7 Towne Bank 199 0.04 2 United Fire Group Inc 118 0.02
3 TPI Composites Inc 78 0.01 4 United Insurance Holdings Corp 83 0.02
3 Trade Desk Inc 450 0.09 4 United Natural Foods Inc 86 0.02
1 TransAct Technologies Inc 11 – 1 United Security Bancshares 11 –
1 Transcat Inc 17 – 4 United States Cellular Corp 216 0.04
4 TransEnterix Inc 12 – – United States Lime & Minerals Inc 37 0.01
43 Transocean Ltd 402 0.08 16 United States Steel Corp 368 0.07
4 TravelCenters of America LLC 21 – 4 United Therapeutics Corp 496 0.09
12 Travelport Worldwide Ltd 177 0.03 2 Unitil Corp 79 0.02
2 Travelzoo 14 – 1 Unity Bancorp Inc 24 0.01
2 Trecora Resources 20 – 12 Univar Inc 270 0.05
3 Tredegar Corp 53 0.01 2 Universal Corp 140 0.03
5 TreeHouse Foods Inc 275 0.05 4 Universal Display Corp 340 0.06
6 Trex Co Inc 359 0.07 1 Universal Electronics Inc 40 0.01
14 TRI Pointe Group Inc 170 0.03 6 Universal Forest Products Inc 159 0.03
2 Tribune Media Co 62 0.01 4 Universal Insurance Holdings Inc 162 0.03
3 Tribune Publishing Co 47 0.01 2 Universal Logistics Holdings Inc 58 0.01
3 TriCo Bancshares 116 0.02 1 Universal Stainless & Alloy Products Inc 21 0.01
4 TriMas Corp 124 0.02 3 Universal Technical Institute Inc 9 –
6 TriNet Group Inc 263 0.05 3 Univest Corp of Pennsylvania 82 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 200
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 57.41% (continued) United States - 57.41% (continued)
2 Upland Software Inc 58 0.01 2 Weis Markets Inc 113 0.02
10 Urban Outfitters Inc 363 0.07 12 Welbilt Inc 163 0.03
1 US Concrete Inc 57 0.01 20 Wendy's Co 363 0.07
2 US Ecology Inc 148 0.03 6 Werner Enterprises Inc 219 0.04
17 US Foods Holding Corp 568 0.11 5 WesBanco Inc 225 0.04
1 US Physical Therapy Inc 146 0.03 9 Wesco Aircraft Holdings Inc 86 0.02
7 US Silica Holdings Inc 98 0.02 3 WESCO International Inc 173 0.03
1 USA Truck Inc 14 – 2 West Bancorporation Inc 35 0.01
2 USANA Health Sciences Inc 248 0.05 5 West Pharmaceutical Services Inc 508 0.10
13 USG Corp 575 0.11 2 Westamerica Bancorporation 151 0.03
– Utah Medical Products Inc 39 0.01 9 Western Alliance Bancorp 434 0.08
6 Vaalco Energy Inc 10 – 4 Western New England Bancorp Inc 39 0.01
30 Valley National Bancorp 325 0.06 1 Westwood Holdings Group Inc 38 0.01
2 Valmont Industries Inc 256 0.05 3 WEX Inc 508 0.10
17 Valvoline Inc 348 0.07 1 Weyco Group Inc 27 0.01
5 Vanda Pharmaceuticals Inc 132 0.03 3 Whirlpool Corp 413 0.08
3 Varex Imaging Corp 87 0.02 – White Mountains Insurance Group Ltd 278 0.05
13 Vector Group Ltd 164 0.03 8 Whiting Petroleum Corp 252 0.05
7 Vectren Corp 473 0.09 8 WildHorse Resource Development Corp 143 0.03
1 Vectrus Inc 25 0.01 1 Willdan Group Inc 27 0.01
6 Veeco Instruments Inc 49 0.01 3 William Lyon Homes 39 0.01
7 Veoneer Inc 238 0.05 1 Williams Industrial Services Group Inc 3 –
3 Vera Bradley Inc 34 0.01 8 Williams-Sonoma Inc 438 0.08
6 Verint Systems Inc 262 0.05 3 Wingstop Inc 206 0.04
3 Veritex Holdings Inc 69 0.01 – Winmark Corp 69 0.01
2 Veritiv Corp 51 0.01 3 Winnebago Industries Inc 82 0.02
4 Verso Corp 94 0.02 5 Wintrust Financial Corp 409 0.08
9 Versum Materials Inc 310 0.06 14 WisdomTree Investments Inc 102 0.02
2 Viad Corp 85 0.02 10 Wolverine World Wide Inc 330 0.06
5 ViaSat Inc 370 0.07 5 Woodward Inc 442 0.08
20 Viavi Solutions Inc 207 0.04 1 World Acceptance Corp 95 0.02
2 Vicor Corp 59 0.01 6 World Fuel Services Corp 160 0.03
1 Village Super Market Inc 33 0.01 4 World Wrestling Entertainment Inc 308 0.06
1 Vince Holding Corp 19 – 5 Worthington Industries Inc 211 0.04
6 Virtu Financial Inc 151 0.03 36 WPX Energy Inc 503 0.10
1 Virtus Investment Partners Inc 71 0.01 6 WR Grace & Co 364 0.07
3 Virtusa Corp 131 0.02 10 Wright Medical Group NV 284 0.05
12 Vishay Intertechnology Inc 255 0.05 3 WSFS Financial Corp 118 0.02
1 Vishay Precision Group Inc 23 0.01 8 Wyndham Destinations Inc 317 0.06
4 Vista Outdoor Inc 48 0.01 8 Wyndham Hotels & Resorts Inc 424 0.08
2 Visteon Corp 176 0.03 5 Xencor Inc 225 0.04
3 Vitamin Shoppe Inc 23 0.01 21 Xerox Corp 551 0.10
1 Vocera Communications Inc 50 0.01 3 XO Group Inc 97 0.02
3 Volt Information Sciences Inc 7 – 4 Xperi Corp 58 0.01
20 Vonage Holdings Corp 217 0.04 7 Yelp Inc 240 0.05
2 VOXX International Corp 9 – 1 York Water Co 46 0.01
1 VSE Corp 30 0.01 2 YRC Worldwide Inc 13 –
14 W&T Offshore Inc 81 0.02 3 Zafgen Inc 15 –
5 Wabash National Corp 73 0.01 4 ZAGG Inc 37 0.01
4 WABCO Holdings Inc 434 0.08 1 Zedge Inc 3 –
8 Waddell & Reed Financial Inc 158 0.03 9 Zendesk Inc 522 0.10
4 WageWorks Inc 117 0.02 6 Zix Corp 43 0.01
3 Walker & Dunlop Inc 133 0.03 3 Zumiez Inc 55 0.01
4 Warrior Met Coal Inc 84 0.02 76 Zynga Inc 274 0.05
6 Washington Federal Inc 180 0.03 302,232 57.41
2 Washington Trust Bancorp Inc 86 0.02 Total Common Stock - 91.39% (30 November 2017: 91.87%) 481,151 91.39
3 Waterstone Financial Inc 42 0.01
3 Watsco Inc 416 0.08 Preferred Stock
3 Watts Water Technologies Inc 185 0.04 Germany - 0.08%
1 WD-40 Co 237 0.05 2 Biotest AG 59 0.01
8 Webster Financial Corp 503 0.10 1 Draegerwerk AG & Co KGaA 53 0.01
6 Weight Watchers International Inc 294 0.06 5 Jungheinrich AG 152 0.03
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 201
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Preferred Stock (continued) Real Estate Investment Trust (continued)
Germany - 0.08% (continued) Canada - 0.22% (continued)
2 Sixt SE 112 0.02 2 Inovalis Real Estate Investment Trust 19 –
– STO SE & Co KGaA 34 0.01 4 InterRent Real Estate Investment Trust 38 0.01
1 Villeroy & Boch AG 17 – 9 Killam Apartment Real Estate Investment Trust 106 0.02
427 0.08 1 Morguard North American Residential Real Estate
Investment Trust 14 –
United States - 0.00%
3 Morguard Real Estate Investment Trust 25 0.01
1 GCI Liberty Inc 19 –
2 Northview Apartment Real Estate Investment Trust 46 0.01
19 – 6 NorthWest Healthcare Properties Real Estate
Total Preferred Stock - 0.08% (30 November 2017: 0.13%) 446 0.08 Investment Trust 46 0.01
4 Plaza Retail REIT 12 –
Real Estate Investment Trust 4 Slate Office REIT 20 0.01
Australia - 0.26% 2 Slate Retail REIT 18 –
20 Abacus Property Group 47 0.01 6 Summit Industrial Income REIT 40 0.01
4 True North Commercial Real Estate Investment
10 ALE Property Group 36 0.01
Trust 19 –
22 Arena REIT 39 0.01
3 WPT Industrial Real Estate Investment Trust 33 0.01
2 Aspen Group 2 –
1,160 0.22
6 Astro Japan Property Group – –
France - 0.08%
49 BWP Trust 126 0.02
21 Centuria Industrial REIT 43 0.01 – Affine SA 6 –
– Altarea SCA 52 0.01
22 Centuria Metropolitan REIT 39 0.01
13 Charter Hall Education Trust 27 0.01 1 ARGAN SA 32 0.01
5 Carmila SA 101 0.02
40 Charter Hall Group 207 0.04
12 Charter Hall Long Wale REIT 36 0.01 2 ICADE 165 0.03
28 Charter Hall Retail REIT 91 0.02 4 Mercialys SA 56 0.01
114 Cromwell Property Group 83 0.01 1 Terreis 21 –
37 GDI Property Group 34 0.01 433 0.08
23 Growthpoint Properties Australia Ltd 60 0.01 Germany - 0.05%
12 Hotel Property Investments 28 0.01 14 Alstria office REIT-AG 194 0.04
7 Industria REIT 13 – 8 Hamborner REIT AG 83 0.01
18 Ingenia Communities Group 41 0.01 277 0.05
42 Investa Office Fund 172 0.03 Hong Kong - 0.04%
48 New South Resources Ltd 61 0.01 93 Fortune Real Estate Investment Trust 106 0.01
28 Propertylink Group 24 – 120 Prosperity REIT 45 0.01
74 Shopping Centres Australasia Property Group 142 0.02 103 Regal Real Estate Investment Trust 29 0.01
1,351 0.26 89 Sunlight Real Estate Investment Trust 56 0.01
Belgium - 0.19% 236 0.04
2 Aedifica SA 129 0.02 Ireland - 0.03%
– Ascencio 24 – 30 Green REIT PLC 49 0.01
2 Befimmo SA 105 0.02 37 Hibernia REIT PLC 57 0.01
2 Care Property Invest 37 0.01 20 Irish Residential Properties REIT PLC 33 0.01
2 Cofinimmo SA 247 0.05 139 0.03
– Home Invest Belgium 21 – Israel - 0.02%
2 Intervest Offices & Warehouses NV 50 0.01
9 Alony Hetz Properties & Investments Ltd 83 0.02
– Leasinvest Real Estate SCA 27 0.01
3 Summit Real Estate Holdings Ltd 26 –
1 Montea C.V.A 57 0.01
109 0.02
1 Retail Estates NV 59 0.01
Italy - 0.03%
2 Warehouses De Pauw CVA 207 0.04
– Wereldhave Belgium NV 36 0.01 95 Beni Stabili SpA SIIQ 78 0.02
3 COIMA RES SpA 25 –
999 0.19
4 Immobiliare Grande Distribuzione SIIQ SpA 29 0.01
Canada - 0.22%
132 0.03
2 Agellan Commercial Real Estate Investment Trust 18 –
Japan - 0.51%
2 Allied Properties Real Estate Investment Trust 68 0.01
7 Artis Real Estate Investment Trust 53 0.01 – AEON REIT Investment Corp 113 0.02
2 Boardwalk Real Estate Investment Trust 68 0.01 – Comforia Residential REIT Inc 120 0.02
4 BTB Real Estate Investment Trust 15 – – Frontier Real Estate Investment Corp 121 0.02
9 Cominar Real Estate Investment Trust 68 0.01 – Fukuoka REIT Corp 83 0.02
4 Crombie Real Estate Investment Trust 40 0.01 – Global One Real Estate Investment Corp 79 0.02
4 CT Real Estate Investment Trust 34 0.01 – Hankyu Hanshin REIT Inc 67 0.01
17 Dream Global Real Estate Investment Trust 177 0.03 – Health Care & Medical Investment Corp 17 –
5 Dream Industrial Real Estate Investment Trust 38 0.01 – Heiwa Real Estate REIT Inc 64 0.01
2 Dream Office Real Estate Investment Trust 46 0.01 – Hoshino Resorts REIT Inc 89 0.02
2 Granite Real Estate Investment Trust 99 0.02 – Hulic Reit Inc 130 0.03
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 202
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Real Estate Investment Trust (continued) Real Estate Investment Trust (continued)
Japan - 0.51% (continued) Singapore - 0.25% (continued)
– Ichigo Office REIT Investment 83 0.02 76 Sabana Shari'ah Compliant Industrial Real Estate
Investment Trust 23 –
1 Industrial & Infrastructure Fund Investment Corp 126 0.02
64 Soilbuild Business Space REIT 28 0.01
1 Invesco Office J-Reit Inc 106 0.02
70 SPH REIT 51 0.01
– Japan Excellent Inc 122 0.02
96 Starhill Global REIT 47 0.01
– Japan Logistics Fund Inc 130 0.03
1 Japan Rental Housing Investments Inc 95 0.02 1,299 0.25
– Kenedix Residential Next Investment Corp 109 0.02 Spain - 0.10%
– Kenedix Retail REIT Corp 92 0.02 19 Inmobiliaria Colonial Socimi SA 189 0.04
– LaSalle Logiport REIT 99 0.02 8 Lar Espana Real Estate Socimi SA 80 0.01
– Marimo Regional Revitalization REIT Inc 14 – 21 Merlin Properties Socimi SA 265 0.05
– MCUBS MidCity Investment Corp 97 0.02 534 0.10
– Mirai Corp 24 – United Kingdom - 0.57%
– Mitsui Fudosan Logistics Park Inc 69 0.01 219 Assura PLC 149 0.03
– Mori Trust Hotel Reit Inc 7 – 14 Big Yellow Group PLC 156 0.03
– Mori Trust Sogo Reit Inc 107 0.02 78 Capital & Regional PLC 36 0.01
– Nippon REIT Investment Corp 124 0.02 35 Custodian Reit PLC 52 0.01
– One REIT Inc 40 0.01 9 Derwent London PLC 335 0.06
– Ooedo Onsen REIT Investment Corp 25 0.01 59 Empiric Student Property PLC 71 0.01
– Premier Investment Corp 113 0.02 24 Great Portland Estates PLC 211 0.04
– Star Asia Investment Corp 44 0.01 68 Hammerson PLC 337 0.06
– Starts Proceed Investment Corp 31 0.01 53 Hansteen Holdings PLC 63 0.01
– Tokyu REIT Inc 115 0.02 75 Intu Properties PLC 109 0.02
– Tosei Reit Investment Corp 18 – 61 LondonMetric Property PLC 138 0.02
2,673 0.51 9 McKay Securities PLC 29 0.01
Netherlands - 0.06% 5 Mucklow A & J Group PLC 32 0.01
3 Eurocommercial Properties NV 102 0.02 30 NewRiver REIT PLC 86 0.02
1 NSI NV 62 0.01 67 Primary Health Properties PLC 95 0.02
2 Vastned Retail NV 64 0.01 147 RDI REIT PLC 59 0.01
3 Wereldhave NV 100 0.02 35 Regional REIT Ltd 44 0.01
328 0.06 19 Safestore Holdings PLC 129 0.02
New Zealand - 0.06% 41 Schroder Real Estate Investment Trust Ltd 29 0.01
18 Shaftesbury PLC 204 0.04
38 Argosy Property Ltd 31 0.01
49 Standard Life Investment Property Income Trust
58 Goodman Property Trust 62 0.01 Ltd 55 0.01
7 Investore Property Ltd 7 – 2 Town Centre Securities PLC 7 –
88 Kiwi Property Group Ltd 84 0.01 125 Tritax Big Box REIT PLC 216 0.04
65 Precinct Properties New Zealand Ltd 64 0.01 23 UNITE Group PLC 248 0.05
35 Property for Industry Ltd 42 0.01 12 Workspace Group PLC 125 0.02
15 Stride Property Group 19 – 3,015 0.57
20 Vital Healthcare Property Trust 29 0.01
United States - 5.79%
338 0.06
8 Acadia Realty Trust 237 0.05
Singapore - 0.25% 3 Agree Realty Corp 189 0.04
48 AIMS AMP Capital Industrial REIT 48 0.01 5 Alexander & Baldwin Inc 113 0.02
59 Ascendas Hospitality Trust 34 0.01 – Alexander's Inc 144 0.03
83 Ascott Residence Trust 65 0.01 5 American Assets Trust Inc 219 0.04
84 Cache Logistics Trust 43 0.01 12 American Campus Communities Inc 529 0.10
42 CapitaLand Retail China Trust 42 0.01 26 American Homes 4 Rent 551 0.10
60 CDL Hospitality Trusts 66 0.01 13 Apartment Investment & Management Co 603 0.11
135 ESR-REIT 49 0.01 20 Apple Hospitality REIT Inc 322 0.06
47 Far East Hospitality Trust 21 – 8 Ashford Hospitality Trust Inc 40 0.01
36 First Real Estate Investment Trust 27 0.01 3 Bluerock Residential Growth REIT Inc 29 0.01
38 Frasers Centrepoint Trust 60 0.01 4 Braemar Hotels & Resorts Inc 34 0.01
53 Frasers Commercial Trust 54 0.01 16 Brandywine Realty Trust 224 0.04
73 Frasers Hospitality Trust 37 0.01 30 Brixmor Property Group Inc 496 0.09
130 Frasers Logistics & Industrial Trust 100 0.02 2 BRT Apartments Corp 23 –
93 Keppel DC REIT 92 0.02 8 CareTrust REIT Inc 158 0.03
153 Lippo Malls Indonesia Retail Trust 23 – 15 CBL & Associates Properties Inc 39 0.01
79 Manulife US Real Estate Investment Trust 62 0.01 11 Cedar Realty Trust Inc 38 0.01
93 Mapletree Industrial Trust 129 0.02 5 Chatham Lodging Trust 99 0.02
123 Mapletree North Asia Commercial Trust 101 0.02 6 Chesapeake Lodging Trust 164 0.03
94 OUE Hospitality Trust 47 0.01 3 City Office REIT Inc 36 0.01
25 Parkway Life Real Estate Investment Trust 50 0.01 3 Clipper Realty Inc 37 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 203
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Real Estate Investment Trust (continued) Real Estate Investment Trust (continued)
United States - 5.79% (continued) United States - 5.79% (continued)
11 Columbia Property Trust Inc 226 0.04 18 Physicians Realty Trust 312 0.06
2 Community Healthcare Trust Inc 67 0.01 12 Piedmont Office Realty Trust Inc 226 0.04
1 Condor Hospitality Trust Inc 10 – 3 PS Business Parks Inc 373 0.07
6 CorePoint Lodging Inc 78 0.02 5 QTS Realty Trust Inc 196 0.04
3 CoreSite Realty Corp 308 0.06 11 Retail Opportunity Investments Corp 190 0.04
9 Corporate Office Properties Trust 225 0.04 19 Retail Properties of America Inc 243 0.05
37 Cousins Properties Inc 310 0.06 2 Retail Value Inc 49 0.01
17 CubeSmart 514 0.10 8 Rexford Industrial Realty Inc 252 0.05
9 CyrusOne Inc 509 0.10 16 RLJ Lodging Trust 319 0.06
19 DiamondRock Hospitality Co 197 0.04 9 RPT Realty 130 0.02
15 Douglas Emmett Inc 565 0.11 5 Ryman Hospitality Properties Inc 335 0.06
6 Easterly Government Properties Inc 101 0.02 17 Sabra Health Care REIT Inc 336 0.06
3 EastGroup Properties Inc 304 0.06 2 Saul Centers Inc 118 0.02
15 Empire State Realty Trust Inc 236 0.04 8 Select Income REIT 156 0.03
7 EPR Properties 512 0.10 21 Senior Housing Properties Trust 287 0.05
11 Equity Commonwealth 338 0.06 2 Seritage Growth Properties 57 0.01
11 First Industrial Realty Trust Inc 356 0.07 17 Site Centers Corp 214 0.04
21 Forest City Realty Trust Inc 540 0.10 1 Sotherly Hotels Inc 8 –
7 Four Corners Property Trust Inc 182 0.03 4 Spirit MTA REIT 39 0.01
10 Franklin Street Properties Corp 79 0.02 42 Spirit Realty Capital Inc 310 0.06
5 Front Yard Residential Corp 48 0.01 9 STAG Industrial Inc 246 0.05
11 Gaming and Leisure Properties Inc 380 0.07 19 STORE Capital Corp 580 0.11
4 Getty Realty Corp 120 0.02 9 Summit Hotel Properties Inc 102 0.02
3 Gladstone Commercial Corp 53 0.01 1 Sun Communities Inc 148 0.03
4 Global Medical REIT Inc 34 0.01 19 Sunstone Hotel Investors Inc 297 0.06
7 Global Net Lease Inc 139 0.03 10 Tanger Factory Outlet Centers Inc 228 0.04
8 Government Properties Income Trust 73 0.01 5 Taubman Centers Inc 279 0.05
11 Healthcare Realty Trust Inc 338 0.06 5 Terreno Realty Corp 205 0.04
18 Healthcare Trust of America Inc 516 0.10 5 Tier REIT Inc 121 0.02
4 Hersha Hospitality Trust 69 0.01 4 UMH Properties Inc 51 0.01
9 Highwoods Properties Inc 402 0.08 17 Uniti Group Inc 342 0.07
15 Hospitality Properties Trust 394 0.07 1 Universal Health Realty Income Trust 86 0.02
13 Hudson Pacific Properties Inc 417 0.08 11 Urban Edge Properties 212 0.04
8 Independence Realty Trust Inc 84 0.02 – Urstadt Biddle Properties Inc, Class A 1 –
1 Industrial Logistics Properties Trust 19 – 3 Urstadt Biddle Properties Inc, Class B 64 0.01
11 Investors Real Estate Trust 60 0.01 91 VEREIT Inc 695 0.13
11 JBG SMITH Properties 424 0.08 16 Washington Prime Group Inc 102 0.02
5 Kilroy Realty Corp 361 0.07 7 Washington Real Estate Investment Trust 196 0.04
42 Kimco Realty Corp 684 0.13 11 Weingarten Realty Investors 323 0.06
8 Kite Realty Group Trust 138 0.03 5 Whitestone REIT 71 0.01
8 Lamar Advertising Co 576 0.11 1 WP Carey Inc 74 0.01
22 Lexington Realty Trust 194 0.04 10 Xenia Hotels & Resorts Inc 203 0.04
13 Liberty Property Trust 590 0.11 30,474 5.79
4 Life Storage Inc 406 0.08 Total Real Estate Investment Trust - 8.26% (30 November
4 LTC Properties Inc 187 0.04 2017: 7.64%) 43,497 8.26
10 Macerich Co 504 0.10
9 Mack-Cali Realty Corp 199 0.04 Rights
4 MedEquities Realty Trust Inc 24 – Australia - 0.00%
36 Medical Properties Trust Inc 615 0.12 18 Cromwell Property Group – –
9 Monmouth Real Estate Investment Corp 121 0.02 1 Growthpoint Properties Australia Ltd – –
4 National Health Investors Inc 277 0.05 – –
15 National Retail Properties Inc 760 0.14 Spain - 0.00%
5 National Storage Affiliates Trust 140 0.03 17 Realia Business SA – –
7 New Senior Investment Group Inc 38 0.01
– –
2 NexPoint Residential Trust Inc 74 0.01
Sweden - 0.00%
4 NorthStar Realty Europe Corp 70 0.01
3 Ahlstrom-Munksjo Oyj 3 –
20 Omega Healthcare Investors Inc 744 0.14
2 One Liberty Properties Inc 56 0.01 3 –
12 Outfront Media Inc 259 0.05 United Kingdom - 0.00%
21 Paramount Group Inc 298 0.06 29 Restaurant Group PLC 14 –
18 Park Hotels & Resorts Inc 548 0.10 14 –
6 Pebblebrook Hotel Trust 226 0.04 Total Rights - 0.00% (30 November 2017: 0.00%) 17 –
7 Pennsylvania Real Estate Investment Trust 58 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 204
Global Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net
(000's) Asset
Shares (000's) USD Value
Warrants
Canada - 0.00%
– Tervita – –
– –
Singapore - 0.00%
54 Ezion Holdings Ltd – –
– –
Total Warrants - 0.00% (30 November 2017: 0.00%) – –
Total Investments - 99.73% (30 November 2017: 99.64%) 525,111 99.73
% of
Net
Value (000's) Asset
USD Value
Cash and Cash Equivalents - 0.47% (30 November 2017: 0.62%) 2,452 0.47
Other Liabilities in Excess of Other Assets - (0.20)% (30 November 2017: (0.26)%) (1,064) (0.20)
Total Net Assets 526,499 100.00
Amounts designated as “- “ are either $0, less than $500 or less than 500 shares.
Analysis of Total Assets (unaudited) % of Total Assets
Transferable securities admitted to an official exchange listing 97.73
Current Assets 2.27
Total Assets 100.00
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 205
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock Common Stock (continued)
Australia - 1.85% Australia - 1.85% (continued)
4 ALS Ltd 20 0.01 8 Northern Star Resources Ltd 46 0.02
2 Altium Ltd 34 0.01 4 Nufarm Ltd 18 0.01
11 Amcor Ltd 106 0.04 – OneMarket Ltd – –
36 AMP Ltd 65 0.03 1 Orica Ltd 19 0.01
1 Ansell Ltd 19 0.01 20 Orora Ltd 48 0.02
12 APA Group 77 0.03 2 OZ Minerals Ltd 15 0.01
2 Aristocrat Leisure Ltd 42 0.02 5 Pendal Group Ltd 29 0.01
9 Atlas Arteria Ltd 46 0.02 2 Premier Investments Ltd 19 0.01
24 Ausdrill Ltd 25 0.01 11 Primary Health Care Ltd 22 0.01
8 Australia & New Zealand Banking Group Ltd 151 0.06 5 Qantas Airways Ltd 21 0.01
7 Bank of Queensland Ltd 49 0.02 12 QBE Insurance Group Ltd 96 0.04
2 Bapcor Ltd 10 – 11 Qube Holdings Ltd 22 0.01
42 Beach Energy Ltd 47 0.02 1 Ramsay Health Care Ltd 34 0.01
12 Bingo Industries Ltd 19 0.01 – REA Group Ltd 19 0.01
– Blackmores Ltd 16 0.01 5 Reliance Worldwide Corp Ltd 16 0.01
5 Boral Ltd 17 0.01 30 Resolute Mining Ltd 21 0.01
11 Brambles Ltd 84 0.03 4 Sandfire Resources NL 20 0.01
3 Breville Group Ltd 20 0.01 4 Seek Ltd 53 0.02
4 Caltex Australia Ltd 77 0.03 1 Seven Group Holdings Ltd 10 –
2 carsales.com Ltd 14 0.01 31 Seven West Media Ltd 16 0.01
7 Challenger Ltd 47 0.02 4 Sims Metal Management Ltd 31 0.01
3 Coca-Cola Amatil Ltd 19 0.01 3 Sonic Healthcare Ltd 43 0.02
– Cochlear Ltd 42 0.02 17 Southern Cross Media Group Ltd 13 0.01
8 Commonwealth Bank of Australia 442 0.18 4 St Barbara Ltd 14 0.01
3 Computershare Ltd 44 0.02 9 Star Entertainment Grp Ltd 28 0.01
1 Corporate Travel Management Ltd 10 – 6 Steadfast Group Ltd 12 –
2 Crown Resorts Ltd 20 0.01 7 Suncorp Group Ltd 73 0.03
1 CSL Ltd 154 0.06 3 Sydney Airport 16 0.01
11 CSR Ltd 24 0.01 13 Tabcorp Holdings Ltd 41 0.02
– Domino's Pizza Enterprises Ltd 10 – 6 Technology One Ltd 26 0.01
5 Downer EDI Ltd 23 0.01 6 TPG Telecom Ltd 32 0.01
7 DuluxGroup Ltd 35 0.01 12 Transurban Group 98 0.04
8 Eclipx Group Ltd 15 0.01 3 Treasury Wine Estates Ltd 34 0.01
1 Event Hospitality and Entertainment Ltd 10 – 6 Vocus Group Ltd 16 0.01
1 Flight Centre Travel Group Ltd 41 0.02 18 Westpac Banking Corp 335 0.14
21 Fortescue Metals Group Ltd 61 0.03 1 WiseTech Global Ltd 20 0.01
2 GrainCorp Ltd 10 – 5 Woolworths Group Ltd 108 0.05
5 Harvey Norman Holdings Ltd 10 – 6 WorleyParsons Ltd 55 0.02
19 Healthscope Ltd 31 0.01 4,472 1.85
2 Iluka Resources Ltd 11 – Austria - 0.13%
11 Independence Group NL 30 0.01 1 Andritz AG 37 0.02
11 Insurance Australia Group Ltd 58 0.02 1 CA Immobilien Anlagen AG 20 0.01
2 InvoCare Ltd 17 0.01 1 Erste Group Bank AG 50 0.02
6 IOOF Holdings Ltd 30 0.01 1 IMMOFINANZ AG 31 0.02
1 IRESS Ltd 9 – – Oesterreichische Post AG 10 –
3 James Hardie Industries PLC 40 0.02 2 Raiffeisen Bank International AG 46 0.02
2 JB Hi-Fi Ltd 36 0.01 – Schoeller-Bleckmann Oilfield Equipment AG 8 –
5 LendLease Group 45 0.02 4 Telekom Austria AG 28 0.01
6 Link Administration Holdings Ltd 29 0.01 3 UNIQA Insurance Group AG 25 0.01
2 Macquarie Group Ltd 128 0.05 1 Vienna Insurance Group AG Wiener Versicherung
2 Magellan Financial Group Ltd 37 0.02 Gruppe 21 0.01
11 Mayne Pharma Group Ltd 8 – 1 voestalpine AG 28 0.01
1 McMillan Shakespeare Ltd 13 0.01 1 Wienerberger AG 12 –
29 Medibank Pvt Ltd 51 0.02 316 0.13
17 Metcash Ltd 35 0.01 Belgium - 0.34%
4 Mineral Resources Ltd 40 0.02 – Ackermans & van Haaren NV 30 0.01
2 Monadelphous Group Ltd 20 0.01 2 Ageas 107 0.04
13 National Australia Bank Ltd 242 0.10 5 AGFA-Gevaert NV 21 0.01
1 Newcrest Mining Ltd 22 0.01 – Argenx SE 13 0.01
8 nib holdings Ltd 30 0.01 – Barco NV 18 0.01
12 Nine Entertainment Co Holdings Ltd 16 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 206
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Belgium - 0.34% (continued) Canada - 2.82% (continued)
– Bekaert SA 12 – 4 ECN Capital Corp 12 –
1 bpost SA 15 0.01 28 Eldorado Gold Corp 16 0.01
– Cie d'Entreprises CFE 27 0.01 4 Element Fleet Management Corp 21 0.01
1 Colruyt SA 69 0.03 3 Empire Co Ltd 51 0.02
1 D'ieteren SA/NV 20 0.01 11 Enbridge Inc 348 0.14
– Elia System Operator SA/NV 15 0.01 3 Enerflex Ltd 39 0.02
– Galapagos NV 36 0.01 1 Enghouse Systems Ltd 29 0.01
1 KBC Group NV 56 0.02 5 Ensign Energy Services Inc 17 0.01
– Melexis NV 9 – – Fairfax Financial Holdings Ltd (Canada listing) 95 0.04
1 Ontex Group NV 19 0.01 – Fairfax Financial Holdings Ltd (US listing) 16 0.01
1 Orange Belgium SA 12 – 2 Finning International Inc 35 0.01
3 Proximus SADP 71 0.03 2 First Capital Realty Inc 33 0.01
1 Telenet Group Holding NV 42 0.02 4 First Quantum Minerals Ltd 34 0.01
– Tessenderlo Group SA 17 0.01 – FirstService Corp 21 0.01
1 UCB SA 122 0.05 1 Genworth MI Canada Inc 39 0.02
2 Umicore SA 101 0.04 1 George Weston Ltd 78 0.03
832 0.34 5 Goldcorp Inc 50 0.02
Canada - 2.82% 3 Gran Tierra Energy Inc 9 –
2 Aecon Group Inc 24 0.01 – Great Canadian Gaming Corp 19 0.01
2 Agnico Eagle Mines Ltd 55 0.02 2 Great-West Lifeco Inc 34 0.01
6 Aimia Inc 17 0.01 2 Home Capital Group Inc 30 0.01
1 Air Canada 28 0.01 5 Hudbay Minerals Inc 23 0.01
4 Alamos Gold Inc 11 – 3 Hydro One Ltd 50 0.02
4 Algonquin Power & Utilities Corp 38 0.02 9 IAMGOLD Corp 27 0.01
2 Alimentation Couche-Tard Inc 122 0.05 1 IGM Financial Inc 23 0.01
2 Industrial Alliance Insurance & Financial Services
2 AltaGas Ltd 20 0.01
Inc 85 0.04
1 Aritzia Inc 12 –
2 Innergex Renewable Energy Inc 17 0.01
1 ATS Automation Tooling Systems Inc 9 –
1 Intact Financial Corp 73 0.03
1 Aurora Cannabis Inc 8 –
1 Inter Pipeline Ltd 23 0.01
17 B2Gold Corp 41 0.02
1 Intertape Polymer Group Inc 9 –
4 Bank of Montreal 289 0.12
1 Keyera Corp 18 0.01
6 Bank of Nova Scotia 331 0.14
– Kinaxis Inc 12 –
13 Barrick Gold Corp 172 0.07
21 Kinross Gold Corp 57 0.02
1 BCE Inc 23 0.01
2 Kirkland Lake Gold Ltd 45 0.02
4 BlackBerry Ltd 34 0.01
2 Knight Therapeutics Inc 12 –
23 Bombardier Inc, Class B 38 0.02
1 Labrador Iron Ore Royalty Corp 12 –
1 Boralex Inc 18 0.01
– Laurentian Bank of Canada 12 –
1 BRP Inc 18 0.01
1 Linamar Corp 21 0.01
3 CAE Inc 57 0.02
1 Loblaw Cos Ltd 64 0.03
6 Cameco Corp 74 0.03
13 Lucara Diamond Corp 19 0.01
2 Canadian Imperial Bank of Commerce 191 0.08
8 Lundin Mining Corp 33 0.01
1 Canadian Tire Corp Ltd 69 0.03
1 Magna International Inc 68 0.03
1 Canadian Western Bank 18 0.01
1 Maxar Technologies Ltd 11 –
1 Canfor Corp 9 –
2 MEG Energy Corp 14 0.01
1 Canopy Growth Corp 37 0.02
2 Metro Inc 65 0.03
2 Cascades Inc 20 0.01
1 Morneau Shepell Inc 10 –
1 CCL Industries Inc 54 0.02
1 Mullen Group Ltd 6 –
2 Celestica Inc 21 0.01
5 National Bank of Canada 212 0.09
7 CES Energy Solutions Corp 16 0.01
3 Nevsun Resources Ltd 13 0.01
1 CGI Group Inc 91 0.04
6 New Gold Inc 4 –
1 Chartwell Retirement Residences 13 0.01
– NFI Group Inc 14 0.01
2 CI Financial Corp 37 0.02
1 Norbord Inc 33 0.01
1 Cineplex Inc 10 –
– North West Co Inc 10 –
– Cogeco Communications Inc 19 0.01
6 OceanaGold Corp 17 0.01
1 Colliers International Group Inc 46 0.02
2 Open Text Corp 79 0.03
2 Computer Modelling Group Ltd 11 –
3 Osisko Gold Royalties Ltd 20 0.01
– Constellation Software Inc 137 0.06
2 Pan American Silver Corp 29 0.01
1 Corus Entertainment Inc 2 –
1 Parkland Fuel Corp 43 0.02
2 Cott Corp 28 0.01
1 Pason Systems Inc 19 0.01
1 Descartes Systems Group Inc 15 0.01
3 Pembina Pipeline Corp 103 0.04
3 Detour Gold Corp 24 0.01
2 PrairieSky Royalty Ltd 30 0.01
2 Dollarama Inc 56 0.02
7 Precision Drilling Corp 15 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 207
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Canada - 2.82% (continued) Denmark - 0.82% (continued)
– Premium Brands Holdings Corp 14 0.01 1 Royal Unibrew AS 58 0.02
2 Quebecor Inc 52 0.02 – Schouw & Co AS 15 0.01
– Richelieu Hardware Ltd 9 – – SimCorp AS 31 0.01
1 Ritchie Bros Auctioneers Inc 42 0.02 1 Sydbank AS 25 0.01
2 Rogers Communications Inc 109 0.05 1 Topdanmark AS 39 0.02
7 Royal Bank of Canada (Canada listing) 482 0.20 2 Tryg AS 46 0.02
– Royal Bank of Canada (US listing) 12 – 3 Vestas Wind Systems AS 245 0.09
1 Russel Metals Inc 23 0.01 2 William Demant Holding AS 44 0.02
1 Saputo Inc 30 0.01 1,982 0.82
5 Secure Energy Services Inc 26 0.01 Finland - 0.54%
9 SEMAFO Inc 16 0.01 2 Amer Sports Oyj 62 0.03
3 Shaw Communications Inc 61 0.03 1 Cargotec Oyj 31 0.01
2 ShawCor Ltd 24 0.01 1 Cramo Oyj 14 0.01
– Shopify Inc 46 0.02 2 Elisa Oyj 60 0.02
1 Sierra Wireless Inc (US listing) 18 0.01 1 Huhtamaki Oyj 42 0.02
1 SNC-Lavalin Group Inc 50 0.02 2 Kemira Oyj 19 0.01
1 Spin Master Corp 22 0.01 – Kesko Oyj, Class A 24 0.01
2 Stantec Inc 54 0.02 1 Kesko Oyj, Class B 51 0.02
1 Stars Group Inc 17 0.01 2 Kone Oyj 120 0.05
– Stella-Jones Inc 12 – – Konecranes Oyj 16 0.01
3 Sun Life Financial Inc 103 0.05 2 Metsa Board Oyj 13 0.01
2 Superior Plus Corp 19 0.01 1 Metso Oyj 32 0.01
1 TFI International Inc 24 0.01 1 Neste Oyj 112 0.04
2 Timbercreek Financial Corp 11 – 27 Nokia Oyj 151 0.05
– TMX Group Ltd 12 – 1 Nokian Renkaat Oyj 30 0.01
1 Torex Gold Resources Inc 8 – 1 Orion Oyj 50 0.02
1 Toromont Industries Ltd 44 0.02 4 Outokumpu Oyj 15 0.01
6 Toronto-Dominion Bank 352 0.16 2 Ramirent Oyj 14 0.01
1 Total Energy Services Inc 11 – 4 Sampo Oyj 160 0.07
2 Transcontinental Inc 28 0.01 1 Sanoma Oyj 13 0.01
5 Trican Well Service Ltd 5 – 6 Stora Enso Oyj 77 0.03
2 Tricon Capital Group Inc 12 – 1 Tieto Oyj 33 0.01
1 Uni-Select Inc 21 0.01 2 UPM-Kymmene Oyj 55 0.02
– Waste Connections Inc 36 0.02 1 Valmet Oyj 23 0.01
1 West Fraser Timber Co Ltd 31 0.01 4 Wartsila Oyj Abp 67 0.03
3 Wheaton Precious Metals Corp 54 0.02 3 YIT Oyj 17 0.01
1 WSP Global Inc 39 0.02
1,301 0.54
18 Yamana Gold Inc 37 0.02
France - 3.11%
6,805 2.82
– Aeroports de Paris 42 0.02
Denmark - 0.82% 3 Airbus SE 315 0.13
– ALK-Abello AS 19 0.01 – Albioma SA 8 –
3 Alm Brand AS 21 0.01 2 Alstom SA 90 0.04
1 Ambu AS 21 0.01 1 Alten SA 48 0.02
1 Bang & Olufsen AS 18 0.01 3 Altran Technologies SA 27 0.01
1 Bavarian Nordic AS 15 0.01 – Amundi SA 21 0.01
– Carlsberg AS 52 0.02 1 Arkema SA 88 0.04
1 Chr Hansen Holding AS 85 0.04 1 Atos SE 96 0.04
1 Coloplast AS 49 0.02 9 AXA SA 231 0.10
3 Danske Bank AS 65 0.03 – BioMerieux 29 0.01
1 FLSmidth & Co AS 34 0.01 5 BNP Paribas SA 235 0.10
– Genmab AS 28 0.01 2 Bouygues SA 89 0.04
2 GN Store Nord AS 55 0.02 3 Bureau Veritas SA 66 0.03
1 H Lundbeck AS 37 0.02 1 Capgemini SE 97 0.04
4 ISS AS 133 0.06 7 Carrefour SA 125 0.05
1 Jyske Bank AS 38 0.02 1 Casino Guichard Perrachon SA 30 0.01
– Nilfisk Holding AS 8 – 9 CGG SA 13 0.01
– NKT AS 3 – – Cie Plastic Omnium SA 11 –
13 Novo Nordisk AS 611 0.24 2 CNP Assurances 42 0.02
1 Novozymes AS 63 0.03 1 Coface SA 12 –
1 Orsted AS 54 0.02 7 Credit Agricole SA 89 0.04
1 Pandora AS 57 0.02 3 Danone SA 211 0.09
– Ringkjoebing Landbobank AS 13 0.01 – Dassault Aviation SA 24 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 208
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
France - 3.11% (continued) Germany - 2.77%
1 Dassault Systemes SE 125 0.05 1 Aareal Bank AG 35 0.01
4 Edenred 165 0.07 1 adidas AG 309 0.13
1 Eiffage SA 99 0.04 – ADO Properties SA 13 0.01
1 Elior Group SA 8 – 1 Aixtron SE 11 –
2 Elis SA 43 0.02 2 Allianz SE 374 0.15
1 EssilorLuxottica SA 102 0.04 – Amadeus Fire AG 21 0.01
– Eurofins Scientific SE 43 0.02 4 Aroundtown SA 38 0.02
– Euronext NV 23 0.01 1 Aurubis AG 47 0.02
2 Europcar Mobility Group 22 0.01 1 Axel Springer SE 43 0.02
4 Eutelsat Communications SA 87 0.04 6 BASF SE 459 0.19
1 Faurecia SA 33 0.01 3 Bayerische Motoren Werke AG 244 0.10
– Fnac Darty SA 15 0.01 1 BayWa AG 20 0.01
– Gaztransport Et Technigaz SA 26 0.01 – Bechtle AG 18 0.01
2 Getlink SE 32 0.01 1 Beiersdorf AG 57 0.02
– Hermes International 69 0.03 1 Bilfinger SE 28 0.01
– Iliad SA 29 0.01 2 Brenntag AG 70 0.03
– Imerys SA 13 0.01 – CANCOM SE 10 –
1 Ingenico Group SA 84 0.03 – Carl Zeiss Meditec AG 15 0.01
– Ipsen SA 28 0.01 6 Commerzbank AG 56 0.02
1 IPSOS 27 0.01 – CompuGroup Medical SE 19 0.01
– JCDecaux SA 10 – – Continental AG 62 0.03
– Kering SA 171 0.07 1 Covestro AG 75 0.03
1 Korian SA 27 0.01 – CTS Eventim AG & Co KGaA 17 0.01
1 L'Oreal SA 303 0.13 7 Daimler AG 405 0.17
2 Lagardere SCA 54 0.02 8 Deutsche Bank AG 73 0.03
2 Legrand SA 114 0.05 2 Deutsche Boerse AG 201 0.08
– LISI 13 0.01 1 Deutsche EuroShop AG 26 0.01
2 LVMH Moet Hennessy Louis Vuitton SE 472 0.20 1 Deutsche Pfandbriefbank AG 13 0.01
– Maisons du Monde SA 6 – 3 Deutsche Post AG 98 0.04
8 Natixis SA 47 0.02 13 Deutsche Telekom AG 234 0.10
1 Neopost SA 20 0.01 2 Deutsche Wohnen SE 119 0.05
1 Nexity SA 58 0.02 3 Deutz AG 20 0.01
17 Orange SA 291 0.12 1 Dialog Semiconductor PLC 22 0.01
– Orpea 22 0.01 1 Duerr AG 31 0.01
1 Pernod Ricard SA 97 0.04 1 Evonik Industries AG 18 0.01
9 Peugeot SA 193 0.08 – Fielmann AG 28 0.01
3 Publicis Groupe SA 149 0.06 – Fraport AG Frankfurt Airport Services Worldwide 37 0.02
2 Renault SA 124 0.05 2 Freenet AG 32 0.01
6 Rexel SA 67 0.03 2 Fresenius Medical Care AG & Co KGaA 156 0.06
1 Rubis SCA 79 0.03 2 Fresenius SE & Co KGaA 105 0.04
1 Safran SA 187 0.08 – Fuchs Petrolub SE 18 0.01
4 Sanofi 359 0.15 2 GEA Group AG 45 0.02
– Sartorius Stedim Biotech 18 0.01 – Gerresheimer AG 18 0.01
3 Schneider Electric SE 196 0.08 1 Grand City Properties SA 28 0.01
3 SCOR SE 148 0.06 – Hannover Rueck SE 68 0.03
– SEB SA 37 0.02 – Hella GmbH & Co KGaA 12 –
5 SES SA 100 0.04 – Henkel AG & Co KGaA 50 0.02
– Societe BIC SA 41 0.02 – Hochtief AG 17 0.01
4 Societe Generale SA 130 0.05 1 Hugo Boss AG 48 0.02
1 Sodexo SA 113 0.05 – Indus Holding AG 14 0.01
18 Solocal Group 13 0.01 4 Infineon Technologies AG 85 0.04
– Sopra Steria Group 29 0.01 2 Innogy SE 72 0.03
1 SPIE SA 11 – – Jenoptik AG 12 –
4 Suez 61 0.03 3 K&S AG 57 0.02
– Teleperformance 79 0.03 1 KION Group AG 39 0.02
1 Television Francaise 1 10 – 2 Kloeckner & Co SE 17 0.01
1 Thales SA 90 0.03 – Krones AG 13 0.01
1 Ubisoft Entertainment SA 67 0.02 – Lanxess AG 24 0.01
1 Valeo SA 29 0.01 1 LEG Immobilien AG 76 0.03
3 Vinci SA 232 0.10 – Leoni AG 14 0.01
5 Vivendi SA 123 0.04 – MAN SE 41 0.02
– Worldline SA 21 0.01 – Merck KGaA 48 0.02
7,523 3.11
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 209
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Germany - 2.77% (continued) Hong Kong - 0.84% (continued)
3 METRO AG 50 0.02 5 Hysan Development Co Ltd 24 0.01
1 MTU Aero Engines AG 109 0.05 18 IGG Inc 22 0.01
Muenchener Rueckversicherungs-Gesellschaft AG 3 Johnson Electric Holdings Ltd 7 –
1 in Muenchen 156 0.06
1 Kerry Logistics Network Ltd 1 –
– Nemetschek SE 18 0.01
7 Kerry Properties Ltd 22 0.01
– Norma Group SE 25 0.01
90 Kingston Financial Group Ltd 22 0.01
– OSRAM Licht AG 14 0.01
11 Landing International Development Ltd 4 –
1 Patrizia Immobilien AG 24 0.01
214 Li & Fung Ltd 44 0.02
– Pfeiffer Vacuum Technology AG 22 0.01
6 Lifestyle International Holdings Ltd 9 –
4 ProSiebenSat.1 Media SE 74 0.03
6 Luk Fook Holdings International Ltd 18 0.01
– Puma SE 30 0.01
24 Man Wah Holdings Ltd 11 –
1 Qiagen NV 45 0.02
10 Melco International Development Ltd 20 0.01
– Rational AG 19 0.01
10 MGM China Holdings Ltd 17 0.01
1 Rheinmetall AG 55 0.02
4 MTR Corp Ltd 21 0.01
1 Rocket Internet SE 33 0.01
12 NagaCorp Ltd 13 0.01
– RTL Group SA 18 0.01
22 New World Development Co Ltd 30 0.01
– Salzgitter AG 11 –
4 NWS Holdings Ltd 8 –
3 SAP SE 266 0.11
49 PCCW Ltd 29 0.01
1 Scout24 AG 28 0.01
14 Power Assets Holdings Ltd 92 0.04
4 Siemens AG 421 0.17
2 Prada SpA 7 –
– Siltronic AG 16 0.01
8 Samsonite International SA 23 0.01
– Sixt SE 34 0.01
8 Sino Land Co Ltd 14 0.01
– Software AG 18 0.01
24 SJM Holdings Ltd 22 0.01
– Stabilus SA 13 0.01
9 Sun Hung Kai Properties Ltd 129 0.05
– Stroeer SE & Co KGaA 20 0.01
7 Swire Properties Ltd 23 0.01
1 Symrise AG 110 0.04
10 Techtronic Industries Co Ltd 52 0.03
2 TAG Immobilien AG 55 0.02
3 Television Broadcasts Ltd 6 –
– Talanx AG 12 –
29 Value Partners Group Ltd 23 0.01
4 Telefonica Deutschland Holding AG 15 0.01
5 Vitasoy International Holdings Ltd 21 0.01
2 thyssenkrupp AG 43 0.02
1 VTech Holdings Ltd 13 0.01
1 TLG Immobilien AG 41 0.02
9 Wharf Holdings Ltd 23 0.01
1 Uniper SE 23 0.01
10 Wharf Real Estate Investment Co Ltd 59 0.03
1 United Internet AG 63 0.02
9 Wheelock & Co Ltd 51 0.02
4 Vonovia SE 179 0.06
2,024 0.84
– Wacker Chemie AG 10 –
Ireland - 0.15%
– Washtec AG 18 0.01
2 AIB Group PLC 8 –
1 Wirecard AG 115 0.04
8 Bank of Ireland Group PLC 49 0.02
– XING SE 19 0.01
2 Glanbia PLC 34 0.01
– Zalando SE 8 –
1 Kerry Group PLC 64 0.03
6,705 2.77
1 Kingspan Group PLC 60 0.03
Hong Kong - 0.84%
1 Paddy Power Betfair PLC 98 0.04
67 AIA Group Ltd 552 0.23
2 Smurfit Kappa Group PLC 58 0.02
3 ASM Pacific Technology Ltd 33 0.01
371 0.15
8 Bank of East Asia Ltd 27 0.01
Israel - 0.17%
2 BOC Aviation Ltd 15 0.01
1 Airport City Ltd 17 0.01
16 BOC Hong Kong Holdings Ltd 63 0.03
– Azrieli Group Ltd 20 0.01
6 Chow Sang Sang Holdings International Ltd 9 –
13 Bezeq The Israeli Telecommunication Corp Ltd 15 0.01
13 CK Asset Holdings Ltd 94 0.04
1 Clal Insurance Enterprises Holdings Ltd 19 0.01
8 CK Hutchison Holdings Ltd 79 0.03
– Delek Group Ltd 23 0.01
5 Dah Sing Banking Group Ltd 10 –
– Elbit Systems Ltd 17 0.01
4 Dah Sing Financial Holdings Ltd 20 0.01
1 First International Bank Of Israel Ltd 23 0.01
47 Far East Consortium International Ltd 22 0.01
Harel Insurance Investments & Financial Services
3 Galaxy Entertainment Group Ltd 19 0.01 3 Ltd 21 0.01
22 Giordano International Ltd 10 – 5 Israel Chemicals Ltd 32 0.01
4 Global Brands Group Holding Ltd – – – Melisron Ltd 13 0.01
7 Hang Lung Group Ltd 19 0.01 – Nice Ltd 37 0.01
5 Hang Lung Properties Ltd 10 – 49 Oil Refineries Ltd 25 0.01
3 Hang Seng Bank Ltd 74 0.03 – Paz Oil Co Ltd 16 0.01
5 Henderson Land Development Co Ltd 25 0.01 3 Phoenix Holdings Ltd 15 0.01
16 HKBN Ltd 24 0.01 2 Shufersal Ltd 15 0.01
25 HKT Trust & HKT Ltd 36 0.01 – SodaStream International Ltd 33 0.01
2 Hongkong & Shanghai Hotels Ltd 3 – 3 Teva Pharmaceutical Industries Ltd 67 0.01
408 0.17
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 210
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Italy - 0.80% Japan - 8.67% (continued)
1 ACEA SpA 11 – 2 Air Water Inc 36 0.01
1 Amplifon SpA 12 – 1 Aisin Seiki Co Ltd 48 0.02
2 Anima Holding SpA 10 – 1 Alfresa Holdings Corp 32 0.01
13 Assicurazioni Generali SpA 212 0.09 2 Alps Electric Co Ltd 35 0.01
3 Atlantia SpA 63 0.03 5 Amada Holdings Co Ltd 54 0.02
1 Autogrill SpA 10 – 1 Amano Corp 23 0.01
2 Azimut Holding SpA 25 0.01 1 Anritsu Corp 12 –
– Banca Generali SpA 10 – 1 Aoyama Trading Co Ltd 24 0.01
2 Banca Mediolanum SpA 13 0.01 – Aozora Bank Ltd 13 0.01
5 Banca Popolare di Sondrio SCPA 15 0.01 1 Arcs Co Ltd 20 0.01
20 Banco BPM SpA 47 0.02 2 Asahi Group Holdings Ltd 67 0.03
10 BPER Banca 39 0.02 1 Asahi Holdings Inc 10 –
1 Brembo SpA 14 0.01 1 Asahi Intecc Co Ltd 56 0.02
– Brunello Cucinelli SpA 9 – 11 Asahi Kasei Corp 116 0.05
– Cairo Communication SpA – – 1 Asics Corp 19 0.01
2 Cerved Group SpA 12 – 9 Astellas Pharma Inc 140 0.06
8 CNH Industrial NV 81 0.03 2 Autobacs Seven Co Ltd 32 0.01
3 Davide Campari-Milano SpA 25 0.01 1 Azbil Corp 30 0.01
– De' Longhi SpA 13 0.01 1 Bandai Namco Holdings Inc 50 0.02
– DiaSorin SpA 15 0.01 1 Bank of Kyoto Ltd 34 0.01
1 Ferrari NV 85 0.04 2 Belluna Co Ltd 21 0.01
13 Fiat Chrysler Automobiles NV 216 0.09 1 Benesse Holdings Inc 30 0.01
3 FinecoBank Banca Fineco SpA 33 0.01 2 Bic Camera Inc 23 0.01
– GEDI Gruppo Editoriale SpA – – 3 Brother Industries Ltd 44 0.02
10 Hera SpA 28 0.01 2 Bunka Shutter Co Ltd 11 –
– IMA Industria Macchine Automatiche SpA 14 0.01 4 Canon Inc 114 0.05
1 Interpump Group SpA 17 0.01 1 Canon Marketing Japan Inc 19 0.01
57 Intesa Sanpaolo SpA 132 0.05 1 Capcom Co Ltd 18 0.01
6 Iren SpA 13 0.01 2 Casio Computer Co Ltd 28 0.01
8 Italgas SpA 41 0.02 – Central Japan Railway Co 62 0.03
5 Leonardo SpA 48 0.02 3 Chiba Bank Ltd 20 0.01
1 MARR SpA 20 0.01 2 Chiyoda Corp 7 –
9 Mediaset SpA 29 0.01 1 Chudenko Corp 11 –
9 Mediobanca Banca di Credito Finanziario SpA 83 0.03 – Chugai Pharmaceutical Co Ltd 27 0.01
3 Moncler SpA 90 0.04 3 Chugoku Bank Ltd 28 0.01
3 Poste Italiane SpA 24 0.01 2 Chugoku Marine Paints Ltd 17 0.01
1 Recordati SpA 32 0.01 1 Ci:z Holdings Co Ltd 31 0.01
– Reply SpA 9 – 2 Citizen Watch Co Ltd 10 –
12 Saipem SpA 51 0.02 2 CKD Corp 20 0.01
1 Salvatore Ferragamo SpA 17 0.01 2 Coca-Cola Bottlers Japan Holdings Inc 45 0.02
8 Snam SpA 33 0.01 – cocokara fine Inc 23 0.01
3 Societa Cattolica di Assicurazioni SC 26 0.01 – Colowide Co Ltd 10 –
1 Societa Iniziative Autostradali e Servizi SpA 9 – 1 COMSYS Holdings Corp 28 0.01
2 Technogym SpA 22 0.01 4 Concordia Financial Group Ltd 20 0.01
132 Telecom Italia SpA 86 0.04 1 Cosmo Energy Holdings Co Ltd 26 0.01
1 Tenaris SA 18 0.01 – Cosmos Pharmaceutical Corp 20 0.01
5 Terna Rete Elettrica Nazionale SpA 29 0.01 1 Credit Saison Co Ltd 8 –
18 Unione di Banche Italiane SpA 57 0.02 1 CyberAgent Inc 27 0.01
5 Unipol Gruppo SpA 23 0.01 1 Dai Nippon Printing Co Ltd 12 –
7 UnipolSai Assicurazioni SpA 17 0.01 5 Dai-ichi Life Holdings Inc 89 0.04
1,938 0.80 3 Daicel Corp 30 0.01
Japan - 8.67% 1 Daido Steel Co Ltd 21 0.01
1 77 Bank Ltd 13 0.01 1 Daifuku Co Ltd 36 0.01
– ABC-Mart Inc 11 – 1 Daihen Corp 20 0.01
5 Acom Co Ltd 20 0.01 2 Daiichi Sankyo Co Ltd 70 0.03
2 ADEKA Corp 37 0.02 1 Daiichikosho Co Ltd 27 0.01
1 Advantest Corp 15 0.01 1 Daikin Industries Ltd 78 0.03
4 Aeon Co Ltd 103 0.04 1 Daikyo Inc 18 0.01
1 Dainichiseika Color & Chemicals Manufacturing Co
2 AEON Financial Service Co Ltd 31 0.01
Ltd 18 0.01
1 Aida Engineering Ltd 10 –
1 Daito Trust Construction Co Ltd 105 0.04
5 Aiful Corp 12 –
6 Daiwa House Industry Co Ltd 196 0.08
– Ain Holdings Inc 23 0.01
5 Daiwa Securities Group Inc 30 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 211
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 8.67% (continued) Japan - 8.67% (continued)
– Daiwabo Holdings Co Ltd 22 0.01 4 Hitachi Ltd 111 0.05
1 DCM Holdings Co Ltd 12 – 3 Hitachi Metals Ltd 30 0.01
2 DeNA Co Ltd 37 0.02 1 Hitachi Transport System Ltd 27 0.01
1 Denka Co Ltd 26 0.01 2 Hokuetsu Corp 11 –
1 Denso Corp 56 0.02 1 Hokuhoku Financial Group Inc 13 0.01
2 Dentsu Inc 80 0.03 11 Honda Motor Co Ltd 296 0.12
2 DIC Corp 51 0.02 – Horiba Ltd 19 0.01
– Disco Corp 29 0.01 – Hoshizaki Corp 23 0.01
2 DMG Mori Co Ltd 28 0.01 1 House Foods Group Inc 28 0.01
1 Don Quijote Holdings Co Ltd 61 0.03 2 Hulic Co Ltd 19 0.01
– Dowa Holdings Co Ltd 13 0.01 1 Ibiden Co Ltd 14 0.01
1 East Japan Railway Co 82 0.03 7 Ichigo Inc 24 0.01
2 Ebara Corp 39 0.02 1 IHI Corp 43 0.02
2 EDION Corp 22 0.01 2 Iida Group Holdings Co Ltd 34 0.01
1 Eisai Co Ltd 64 0.03 1 Infomart Corp 17 0.01
– en-japan Inc 16 0.01 3 Isetan Mitsukoshi Holdings Ltd 38 0.02
1 Exedy Corp 18 0.01 5 Isuzu Motors Ltd 64 0.03
1 Ezaki Glico Co Ltd 24 0.01 1 Ito En Ltd 32 0.01
1 Fancl Corp 26 0.01 1 Itochu Enex Co Ltd 12 –
1 FANUC Corp 120 0.05 1 Itochu Techno-Solutions Corp 27 0.01
– Fast Retailing Co Ltd 156 0.06 3 Itoham Yonekyu Holdings Inc 17 0.01
– FCC Co Ltd 10 – – Iwatani Corp 9 –
1 FP Corp 31 0.01 3 Iyo Bank Ltd 15 0.01
1 Fuji Corp 13 0.01 1 Izumi Co Ltd 28 0.01
1 Fuji Electric Co Ltd 19 0.01 3 J Front Retailing Co Ltd 36 0.01
2 Fuji Media Holdings Inc 23 0.01 – Jafco Co Ltd 11 –
– Fuji Seal International Inc 12 – – Japan Airport Terminal Co Ltd 16 0.01
1 FUJIFILM Holdings Corp 40 0.02 1 Japan Aviation Electronics Industry Ltd 16 0.01
8 Fujikura Ltd 33 0.01 3 Japan Exchange Group Inc 51 0.02
1 Fujitec Co Ltd 10 – 2 Japan Lifeline Co Ltd 25 0.01
2 Fujitsu Ltd 117 0.05 3 Japan Securities Finance Co Ltd 17 0.01
1 Fukuoka Financial Group Inc 14 0.01 – Japan Steel Works Ltd 8 –
1 Funai Soken Holdings Inc 20 0.01 1 JGC Corp 15 0.01
1 Furukawa Electric Co Ltd 18 0.01 – JINS Inc 25 0.01
1 Fuyo General Lease Co Ltd 36 0.01 1 JSR Corp 18 0.01
1 Glory Ltd 28 0.01 2 JTEKT Corp 24 0.01
1 GMO internet Inc 16 0.01 1 Justsystems Corp 23 0.01
1 GMO Payment Gateway Inc 37 0.02 1 K's Holdings Corp 13 0.01
– Goldwin Inc 31 0.01 1 Kagome Co Ltd 21 0.01
1 GS Yuasa Corp 14 0.01 6 Kajima Corp 76 0.03
4 GungHo Online Entertainment Inc 9 – 1 Kakaku.com Inc 16 0.01
4 Gunma Bank Ltd 17 0.01 – Kaken Pharmaceutical Co Ltd 15 0.01
1 H2O Retailing Corp 22 0.01 1 Kamigumi Co Ltd 23 0.01
2 Hachijuni Bank Ltd 9 – 1 Kanamoto Co Ltd 24 0.01
2 Hakuhodo DY Holdings Inc 28 0.01 1 Kaneka Corp 30 0.01
1 Hamamatsu Photonics KK 21 0.01 2 Kanematsu Corp 20 0.01
1 Hankyu Hanshin Holdings Inc 44 0.02 2 Kansai Paint Co Ltd 38 0.02
1 Hanwa Co Ltd 27 0.01 1 Kao Corp 89 0.04
1 Harmonic Drive Systems Inc 17 0.01 1 Kawasaki Heavy Industries Ltd 30 0.01
6 Haseko Corp 68 0.03 11 KDDI Corp 256 0.11
1 Hazama Ando Corp 8 – 1 Keihan Holdings Co Ltd 42 0.02
1 Heiwa Corp 21 0.01 2 Keikyu Corp 37 0.02
1 Heiwado Co Ltd 22 0.01 1 Keio Corp 44 0.02
– Hikari Tsushin Inc 32 0.01 1 Keisei Electric Railway Co Ltd 42 0.02
3 Hino Motors Ltd 31 0.01 3 Kenedix Inc 16 0.01
– Hirose Electric Co Ltd 12 – 1 Kewpie Corp 27 0.01
2 Hiroshima Bank Ltd 9 – – Keyence Corp 218 0.09
– Hisamitsu Pharmaceutical Co Inc 13 0.01 1 Kikkoman Corp 41 0.02
1 Hitachi Capital Corp 35 0.01 1 Kinden Corp 24 0.01
2 Hitachi Chemical Co Ltd 36 0.01 1 Kintetsu Group Holdings Co Ltd 46 0.02
1 Hitachi Construction Machinery Co Ltd 33 0.01 1 Kintetsu World Express Inc 20 0.01
1 Hitachi High-Technologies Corp 36 0.01 4 Kirin Holdings Co Ltd 82 0.03
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 212
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 8.67% (continued) Japan - 8.67% (continued)
– Kissei Pharmaceutical Co Ltd 12 – 2 Mitsui E&S Holdings Co Ltd 23 0.01
1 Kobayashi Pharmaceutical Co Ltd 35 0.01 4 Mitsui Fudosan Co Ltd 91 0.04
1 Koito Manufacturing Co Ltd 65 0.03 1 Mitsui Mining & Smelting Co Ltd 14 0.01
1 Kokuyo Co Ltd 19 0.01 – Mixi Inc 7 –
4 Komatsu Ltd 109 0.05 62 Mizuho Financial Group Inc 103 0.04
1 Komeri Co Ltd 12 – 1 Mizuno Corp 11 –
2 Komori Corp 20 0.01 1 Modec Inc 17 0.01
1 Konami Holdings Corp 27 0.01 2 MonotaRO Co Ltd 43 0.02
4 Konica Minolta Inc 38 0.02 1 Morinaga & Co Ltd 22 0.01
– Kose Corp 45 0.02 1 Morinaga Milk Industry Co Ltd 24 0.01
4 Kubota Corp 74 0.03 2 MS&AD Insurance Group Holdings Inc 61 0.03
1 Kumagai Gumi Co Ltd 25 0.01 – Murata Manufacturing Co Ltd 61 0.03
3 Kuraray Co Ltd 44 0.02 1 Nabtesco Corp 36 0.01
– Kureha Corp 21 0.01 1 Nachi-Fujikoshi Corp 21 0.01
– Kurita Water Industries Ltd 5 – 3 Nagase & Co Ltd 38 0.02
1 KYB Corp 12 – 1 Nagoya Railroad Co Ltd 35 0.01
1 Kyocera Corp 54 0.02 – Nakanishi Inc 9 –
1 Kyokuto Kaihatsu Kogyo Co Ltd 20 0.01 1 Nankai Electric Railway Co Ltd 16 0.01
1 Kyowa Exeo Corp 20 0.01 3 NEC Corp 81 0.03
1 Kyudenko Corp 23 0.01 1 NEC Networks & System Integration Corp 13 0.01
4 Kyushu Financial Group Inc 16 0.01 1 NET One Systems Co Ltd 12 –
1 Kyushu Railway Co 17 0.01 1 Nexon Co Ltd 17 0.01
1 Lasertec Corp 26 0.01 2 NGK Insulators Ltd 22 0.01
1 Lawson Inc 39 0.02 3 NHK Spring Co Ltd 25 0.01
4 Leopalace21 Corp 15 0.01 1 Nichi-iko Pharmaceutical Co Ltd 14 0.01
1 LINE Corp 18 0.01 1 Nichias Corp 12 –
1 Lintec Corp 11 – 1 Nichirei Corp 26 0.01
1 Lion Corp 20 0.01 1 Nidec Corp 120 0.05
2 LIXIL Group Corp 26 0.01 1 Nifco Inc 36 0.01
2 M3 Inc 29 0.01 1 Nihon M&A Center Inc 28 0.01
1 Mabuchi Motor Co Ltd 17 0.01 2 Nihon Parkerizing Co Ltd 21 0.01
1 Macnica Fuji Electronics Holdings Inc 19 0.01 1 Nihon Unisys Ltd 28 0.01
2 Maeda Corp 17 0.01 2 Nikkiso Co Ltd 17 0.01
1 Maeda Road Construction Co Ltd 10 – – Nikkon Holdings Co Ltd 12 –
1 Makino Milling Machine Co Ltd 24 0.01 2 Nikon Corp 35 0.01
1 Makita Corp 35 0.01 1 Nintendo Co Ltd 152 0.06
1 Maruha Nichiro Corp 38 0.02 1 Nippon Densetsu Kogyo Co Ltd 11 –
1 Marui Group Co Ltd 19 0.01 1 Nippon Express Co Ltd 42 0.02
1 Maruichi Steel Tube Ltd 24 0.01 – Nippon Gas Co Ltd 10 –
1 Matsumotokiyoshi Holdings Co Ltd 19 0.01 2 Nippon Kayaku Co Ltd 29 0.01
4 Mazda Motor Corp 37 0.02 12 Nippon Light Metal Holdings Co Ltd 27 0.01
6 Mebuki Financial Group Inc 18 0.01 1 Nippon Paint Holdings Co Ltd 46 0.02
1 Medipal Holdings Corp 23 0.01 1 Nippon Paper Industries Co Ltd 17 0.01
1 Megmilk Snow Brand Co Ltd 25 0.01 – Nippon Shinyaku Co Ltd 21 0.01
1 MEIJI Holdings Co Ltd 79 0.03 – Nippon Shokubai Co Ltd 13 0.01
1 Meitec Corp 23 0.01 – Nippon Soda Co Ltd 10 –
1 Milbon Co Ltd 26 0.01 – Nippon Steel & Sumikin Bussan Corp 14 0.01
2 Minebea Mitsumi Inc 36 0.01 5 Nippon Suisan Kaisha Ltd 30 0.01
2 Miraca Holdings Inc 39 0.02 4 Nippon Telegraph & Telephone Corp 144 0.06
1 Mirait Holdings Corp 10 – 2 Nipro Corp 29 0.01
2 MISUMI Group Inc 46 0.02 1 Nishi-Nippon Financial Holdings Inc 12 –
9 Mitsubishi Chemical Holdings Corp 71 0.03 1 Nishi-Nippon Railroad Co Ltd 14 0.01
10 Mitsubishi Electric Corp 131 0.05 – Nishimatsu Construction Co Ltd 11 –
6 Mitsubishi Estate Co Ltd 88 0.04 – Nishio Rent All Co Ltd 11 –
2 Mitsubishi Gas Chemical Co Inc 25 0.01 1 Nissan Chemical Corp 65 0.03
2 Mitsubishi Heavy Industries Ltd 80 0.03 16 Nissan Motor Co Ltd 139 0.06
1 Mitsubishi Logistics Corp 25 0.01 3 Nissan Shatai Co Ltd 22 0.01
6 Mitsubishi Motors Corp 35 0.01 1 Nisshin Oillio Group Ltd 19 0.01
1 Mitsubishi Tanabe Pharma Corp 15 0.01 1 Nisshin Seifun Group Inc 13 0.01
51 Mitsubishi UFJ Financial Group Inc 278 0.12 1 Nisshinbo Holdings Inc 10 –
4 Mitsubishi UFJ Lease & Finance Co Ltd 24 0.01 – Nissin Foods Holdings Co Ltd 26 0.01
1 Mitsui Chemicals Inc 31 0.01 – Nitori Holdings Co Ltd 54 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 213
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 8.67% (continued) Japan - 8.67% (continued)
1 Nitto Denko Corp 77 0.03 – Sawai Pharmaceutical Co Ltd 11 –
1 Noevir Holdings Co Ltd 23 0.01 3 SBI Holdings Inc 57 0.02
1 NOF Corp 20 0.01 1 SCREEN Holdings Co Ltd 35 0.01
1 Nojima Corp 14 0.01 1 SCSK Corp 24 0.01
16 Nomura Holdings Inc 73 0.03 1 Secom Co Ltd 110 0.05
2 Nomura Real Estate Holdings Inc 36 0.01 2 Sega Sammy Holdings Inc 30 0.01
– Nomura Research Institute Ltd 21 0.01 1 Seibu Holdings Inc 17 0.01
2 NSK Ltd 19 0.01 2 Seiko Epson Corp 29 0.01
8 NTN Corp 27 0.01 2 Seino Holdings Co Ltd 30 0.01
4 NTT Data Corp 49 0.02 3 Sekisui House Ltd 47 0.02
7 NTT DOCOMO Inc 155 0.06 2 Senko Group Holdings Co Ltd 16 0.01
2 NTT Urban Development Corp 27 0.01 – Seria Co Ltd 17 0.01
6 Obayashi Corp 60 0.02 5 Seven & i Holdings Co Ltd 209 0.09
– Obic Co Ltd 35 0.01 9 Seven Bank Ltd 29 0.01
2 Odakyu Electric Railway Co Ltd 36 0.01 1 Sharp Corp 9 –
4 Oji Holdings Corp 23 0.01 1 Shimadzu Corp 23 0.01
1 Oki Electric Industry Co Ltd 12 – – Shimamura Co Ltd 17 0.01
– OKUMA Corp 20 0.01 – Shimano Inc 29 0.01
1 Okumura Corp 23 0.01 6 Shimizu Corp 47 0.02
2 Olympus Corp 62 0.03 1 Shin-Etsu Chemical Co Ltd 98 0.04
2 Omron Corp 75 0.03 2 Shinmaywa Industries Ltd 23 0.01
2 Ono Pharmaceutical Co Ltd 36 0.01 2 Shinsei Bank Ltd 32 0.01
3 Onward Holdings Co Ltd 19 0.01 1 Shionogi & Co Ltd 66 0.03
1 Open House Co Ltd 32 0.01 – Ship Healthcare Holdings Inc 12 –
– Oracle Corp Japan 26 0.01 2 Shiseido Co Ltd 134 0.06
1 Oriental Land Co Ltd 80 0.03 1 Shizuoka Bank Ltd 9 –
3 Osaka Gas Co Ltd 47 0.02 2 Shizuoka Gas Co Ltd 16 0.01
1 OSG Corp 11 – 1 Showa Denko KK 52 0.02
1 Otsuka Corp 44 0.02 2 Showa Shell Sekiyu KK 36 0.01
1 Outsourcing Inc 18 0.01 5 SKY Perfect JSAT Holdings Inc 23 0.01
12 Panasonic Corp 127 0.05 1 Skylark Holdings Co Ltd 13 0.01
1 Park24 Co Ltd 14 0.01 – SMC Corp 68 0.03
5 Penta-Ocean Construction Co Ltd 34 0.01 1 SMS Co Ltd 9 –
2 Persol Holdings Co Ltd 41 0.02 5 SoftBank Group Corp 456 0.19
– Pilot Corp 12 – – Sohgo Security Services Co Ltd 19 0.01
1 Pola Orbis Holdings Inc 23 0.01 2 Sompo Holdings Inc 58 0.02
2 Pressance Corp 24 0.01 7 Sony Corp 349 0.14
16 Rakuten Inc 129 0.05 1 Sony Financial Holdings Inc 17 0.01
8 Recruit Holdings Co Ltd 210 0.09 – Sotetsu Holdings Inc 12 –
1 Relo Group Inc 36 0.01 – Square Enix Holdings Co Ltd 13 0.01
1 Rengo Co Ltd 11 – 1 Starts Corp Inc 14 0.01
5 Resona Holdings Inc 26 0.01 4 Subaru Corp 96 0.04
1 Resorttrust Inc 10 – – Sugi Holdings Co Ltd 14 0.01
6 Ricoh Co Ltd 55 0.02 1 Sumitomo Bakelite Co Ltd 22 0.01
– Ricoh Leasing Co Ltd 10 – 14 Sumitomo Chemical Co Ltd 76 0.03
– Rinnai Corp 29 0.01 2 Sumitomo Dainippon Pharma Co Ltd 59 0.02
1 Rohto Pharmaceutical Co Ltd 32 0.01 3 Sumitomo Electric Industries Ltd 44 0.02
– Ryohin Keikaku Co Ltd 54 0.02 2 Sumitomo Forestry Co Ltd 27 0.01
1 Ryosan Co Ltd 18 0.01 1 Sumitomo Heavy Industries Ltd 40 0.02
2 Sakata INX Corp 24 0.01 1 Sumitomo Metal Mining Co Ltd 38 0.02
– San-A Co Ltd 13 0.01 3 Sumitomo Mitsui Construction Co Ltd 19 0.01
1 San-Ai Oil Co Ltd 11 – 5 Sumitomo Mitsui Financial Group Inc 199 0.08
2 San-In Godo Bank Ltd 12 – 2 Sumitomo Mitsui Trust Holdings Inc 60 0.02
1 Sangetsu Corp 15 0.01 2 Sumitomo Realty & Development Co Ltd 74 0.03
1 Sanki Engineering Co Ltd 12 – 1 Sundrug Co Ltd 27 0.01
– Sankyo Co Ltd 16 0.01 1 Suntory Beverage & Food Ltd 34 0.01
1 Sankyu Inc 28 0.01 1 Suruga Bank Ltd 5 –
1 Santen Pharmaceutical Co Ltd 22 0.01 1 Suzuken Co Ltd 27 0.01
4 Sanwa Holdings Corp 50 0.02 2 Suzuki Motor Corp 95 0.04
1 Sanyo Chemical Industries Ltd 25 0.01 1 Sysmex Corp 48 0.02
1 Sapporo Holdings Ltd 16 0.01 2 Systena Corp 22 0.01
– Sato Holdings Corp 11 – 3 T&D Holdings Inc 40 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 214
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 8.67% (continued) Japan - 8.67% (continued)
2 Tadano Ltd 23 0.01 1 Universal Entertainment Corp 23 0.01
– Taikisha Ltd 11 – 1 Ushio Inc 16 0.01
2 Taisei Corp 70 0.03 1 USS Co Ltd 12 –
– Taisho Pharmaceutical Holdings Co Ltd 35 0.01 1 UT Group Co Ltd 14 0.01
1 Takara Holdings Inc 14 0.01 1 Valor Holdings Co Ltd 13 0.01
– Takasago International Corp 14 0.01 1 Wacoal Holdings Corp 34 0.01
1 Takasago Thermal Engineering Co Ltd 16 0.01 – Welcia Holdings Co Ltd 20 0.01
2 Takashimaya Co Ltd 29 0.01 1 West Japan Railway Co 49 0.03
4 Takeda Pharmaceutical Co Ltd 147 0.06 8 Yahoo Japan Corp 22 0.01
1 Takeuchi Manufacturing Co Ltd 22 0.01 1 Yakult Honsha Co Ltd 45 0.03
– TechnoPro Holdings Inc 20 0.01 2 Yamada Denki Co Ltd 11 –
4 Teijin Ltd 62 0.03 2 Yamaguchi Financial Group Inc 21 0.01
1 Terumo Corp 53 0.02 1 Yamaha Corp 30 0.01
1 THK Co Ltd 25 0.01 3 Yamaha Motor Co Ltd 64 0.04
1 TIS Inc 37 0.02 1 Yamato Holdings Co Ltd 24 0.01
1 Toagosei Co Ltd 11 – 1 Yamazaki Baking Co Ltd 23 0.01
1 Tobu Railway Co Ltd 29 0.01 3 Yaskawa Electric Corp 79 0.04
2 Tocalo Co Ltd 20 0.01 1 Yodogawa Steel Works Ltd 11 –
3 Toda Corp 20 0.01 1 Yokogawa Electric Corp 26 0.01
1 Toho Co Ltd 24 0.01 1 Zenkoku Hosho Co Ltd 21 0.01
1 Toho Gas Co Ltd 41 0.02 1 Zenrin Co Ltd 20 0.01
1 Toho Holdings Co Ltd 26 0.01 1 Zensho Holdings Co Ltd 25 0.01
1 Tokai Carbon Co Ltd 15 0.01 3 Zeon Corp 30 0.01
2 Tokai Tokyo Financial Holdings Inc 9 – 1 ZOZO Inc 28 0.01
– Token Corp 7 – 20,965 8.67
3 Tokio Marine Holdings Inc 158 0.07 Netherlands - 1.34%
1 Tokyo Broadcasting System Holdings Inc 17 0.01 1 Aalberts Industries NV 43 0.02
1 Tokyo Century Corp 34 0.01 4 ABN AMRO Group NV 94 0.04
1 Tokyo Electron Ltd 113 0.05 16 Aegon NV 89 0.04
5 Tokyo Gas Co Ltd 116 0.05 2 Akzo Nobel NV 178 0.07
– Tokyo Ohka Kogyo Co Ltd 13 0.01 1 Altice Europe NV, Class A 3 –
1 Tokyo Seimitsu Co Ltd 15 0.01 – Altice Europe NV, Class B 1 –
2 Tokyo Tatemono Co Ltd 25 0.01 1 APERAM SA 27 0.01
1 Tokyu Construction Co Ltd 12 – 1 Arcadis NV 8 –
4 Tokyu Corp 61 0.03 1 ASM International NV 30 0.01
4 Tokyu Fudosan Holdings Corp 24 0.01 2 ASML Holding NV 306 0.13
3 Tomy Co Ltd 34 0.01 3 ASR Nederland NV 119 0.05
1 Topcon Corp 12 – 1 BE Semiconductor Industries NV 15 0.01
2 Toppan Printing Co Ltd 24 0.01 1 Boskalis Westminster 19 0.01
10 Toray Industries Inc 77 0.04 2 Coca-Cola European Partners PLC (Netherlands
2 Toshiba Corp 47 0.02 listing) 76 0.03
1 Toshiba Plant Systems & Services Corp 20 0.01 1 Coca-Cola European Partners PLC (US listing) 32 0.01
1 TOTO Ltd 43 0.02 1 Corbion NV 35 0.01
– Toyo Ink SC Holdings Co Ltd 10 – 2 Fugro NV 30 0.01
1 Toyo Seikan Group Holdings Ltd 32 0.01 – Gemalto NV 12 –
1 Toyo Suisan Kaisha Ltd 17 0.01 – GrandVision NV 9 –
1 Toyo Tire & Rubber Co Ltd 13 0.01 1 Heineken NV 101 0.04
2 Toyobo Co Ltd 24 0.01 – IMCD NV 26 0.01
1 Toyoda Gosei Co Ltd 12 – 15 ING Groep NV 180 0.07
1 Toyota Boshoku Corp 8 – 1 Intertrust NV 10 –
1 Toyota Industries Corp 31 0.01 6 Koninklijke Ahold Delhaize NV 142 0.06
16 Toyota Motor Corp 952 0.41 2 Koninklijke DSM NV 143 0.06
1 Trend Micro Inc 46 0.02 57 Koninklijke KPN NV 169 0.07
1 Trusco Nakayama Corp 17 0.01 7 Koninklijke Philips NV 282 0.12
1 TS Tech Co Ltd 15 0.01 1 Koninklijke Vopak NV 45 0.02
– Tsubaki Nakashima Co Ltd 2 – 3 NN Group NV 118 0.05
1 Tsubakimoto Chain Co 19 0.01 7 PostNL NV 19 0.01
– Tsuruha Holdings Inc 10 – 3 Randstad NV 127 0.05
1 UACJ Corp 19 0.01 1 Signify NV 21 0.01
1 Ulvac Inc 18 0.01 1 Sligro Food Group NV 21 0.01
2 Unicharm Corp 53 0.03 – Takeaway.com NV 8 –
1 United Arrows Ltd 20 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 215
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Netherlands - 1.34% (continued) Singapore - 0.33% (continued)
– TKH Group NV 15 0.01 44 Hutchison Port Holdings Trust 11 –
3 TomTom NV 23 0.01 17 Oversea-Chinese Banking Corp Ltd 142 0.06
8 Unilever NV 428 0.19 6 SATS Ltd 21 0.01
1 Wessanen 5 – 7 Singapore Exchange Ltd 36 0.01
4 Wolters Kluwer NV 219 0.10 23 Singapore Post Ltd 17 0.01
3,228 1.34 16 Singapore Press Holdings Ltd 30 0.01
New Zealand - 0.13% 17 Singapore Technologies Engineering Ltd 45 0.02
5 Auckland International Airport Ltd 25 0.01 34 Singapore Telecommunications Ltd 76 0.03
4 Chorus Ltd 12 – 11 StarHub Ltd 15 0.01
6 Contact Energy Ltd 24 0.01 5 United Overseas Bank Ltd 98 0.05
1 Ebos Group Ltd 22 0.01 6 UOL Group Ltd 28 0.01
2 Fisher & Paykel Healthcare Corp Ltd 17 0.01 2 Venture Corp Ltd 16 0.01
8 Fletcher Building Ltd 26 0.01 16 Wing Tai Holdings Ltd 21 0.01
5 Infratil Ltd 11 – 795 0.33
7 Mercury NZ Ltd 17 0.01 Spain - 0.87%
17 Meridian Energy Ltd 39 0.02 1 Acciona SA 64 0.03
3 Ryman Healthcare Ltd 23 0.01 2 Acerinox SA 22 0.01
4 SKY Network Television Ltd 6 – 2 ACS Actividades de Construccion y Servicios SA 86 0.04
19 Spark New Zealand Ltd 55 0.02 – Aena SME SA 70 0.03
4 Trade Me Group Ltd 16 0.01 3 Amadeus IT Group SA 187 0.08
6 Z Energy Ltd 24 0.01 1 Applus Services SA 14 0.01
317 0.13 16 Banco Bilbao Vizcaya Argentaria SA 93 0.04
Norway - 0.30% 77 Banco de Sabadell SA 99 0.04
3 Aker Solutions ASA 16 0.01 68 Banco Santander SA 322 0.13
2 Atea ASA 23 0.01 4 Bankia SA 12 –
2 Austevoll Seafood ASA 25 0.01 5 Bankinter SA 38 0.02
– Bakkafrost P/F 15 0.01 1 Bolsas y Mercados Espanoles SHMSF SA 16 0.01
3 BW Offshore Ltd 13 0.01 24 CaixaBank SA 97 0.04
7 DNB ASA 117 0.05 1 Cellnex Telecom SA 30 0.01
1 Entra ASA 19 0.01 – CIE Automotive SA 12 –
2 Gjensidige Forsikring ASA 38 0.02 1 Ebro Foods SA 12 –
4 Leroy Seafood Group ASA 36 0.01 4 Enagas SA 115 0.05
3 Marine Harvest ASA 60 0.02 1 Ence Energia y Celulosa SA 9 –
3 Odfjell Drilling Ltd 9 – – Ferrovial SA (non-voting rights) 1 –
5 Orkla ASA 43 0.02 2 Ferrovial SA (voting righs) 40 0.02
3 Petroleum Geo-Services ASA 6 – 2 Grifols SA 42 0.02
1 Salmar ASA 29 0.01 – Grupo Catalana Occidente SA 13 0.01
1 Scatec Solar ASA 12 – 12 Iberdrola SA 90 0.04
1 Schibsted ASA, Class A 41 0.02 2 Indra Sistemas SA 16 0.01
1 Schibsted ASA, Class B 39 0.02 4 Industria de Diseno Textil SA 121 0.05
2 SpareBank 1 SR-Bank ASA 21 0.01 20 Mapfre SA 57 0.02
6 Storebrand ASA 51 0.02 4 Mediaset Espana Comunicacion SA 28 0.01
3 Subsea 7 SA 36 0.01 1 Melia Hotels International SA 10 –
2 TGS Nopec Geophysical Co ASA 51 0.02 2 Prosegur Cia de Seguridad SA 11 –
1 Tomra Systems ASA 26 0.01 4 Red Electrica Corp SA 80 0.03
8 Sacyr SA 18 0.01
726 0.30
2 Siemens Gamesa Renewable Energy SA 29 0.01
Portugal - 0.04%
24 Telefonica SA 213 0.08
74 Banco Comercial Portugues SA 21 0.01
– Vidrala SA (non-voting rights) 1 –
1 Jeronimo Martins SGPS SA 13 –
– Vidrala SA (voting rights) 12 –
5 Navigator Co SA 20 0.01
– Viscofan SA 18 0.01
2 NOS SGPS SA 14 0.01
2 Zardoya Otis SA 16 0.01
4 REN - Redes Energeticas Nacionais SGPS SA 11 –
2,114 0.87
19 Sonae SGPS SA 18 0.01
Sweden - 1.18%
97 0.04
1 AF AB 22 0.01
Singapore - 0.33%
4 Ahlsell AB 19 0.01
4 City Developments Ltd 27 0.01
2 Alfa Laval AB 41 0.02
4 Dairy Farm International Holdings Ltd 34 0.01
2 Arjo AB 7 –
7 DBS Group Holdings Ltd 118 0.05
5 Assa Abloy AB 84 0.03
26 Genting Singapore Ltd 19 0.01
4 Atlas Copco AB, Class A 97 0.04
1 Haw Par Corp Ltd 10 –
2 Atlas Copco AB, Class B 55 0.02
5 Hongkong Land Holdings Ltd 31 0.01
– Avanza Bank Holding AB 17 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 216
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Sweden - 1.18% (continued) Sweden - 1.18% (continued)
2 Axfood AB 31 0.01 1 Vitrolife AB 24 0.01
1 Beijer Ref AB 12 – 12 Volvo AB (restricted voting rights) 169 0.08
3 Betsson AB 22 0.01 2 Volvo AB (voting rights) 33 0.02
3 Bilia AB 24 0.01 2 Wallenstam AB 23 0.01
4 BillerudKorsnas AB 53 0.02 1 Wihlborgs Fastigheter AB 12 0.01
– BioGaia AB 8 – 2,859 1.18
3 Boliden AB (voting rights) 62 0.03 Switzerland - 2.63%
2 Bonava AB 26 0.01 13 ABB Ltd 267 0.11
1 Bravida Holding AB 10 – 2 Adecco Group AG 119 0.05
1 Bure Equity AB 11 – – Allreal Holding AG 47 0.02
2 Castellum AB 39 0.02 – ALSO Holding AG 16 0.01
3 Dometic Group AB 19 0.01 – ams AG 8 –
1 Dustin Group AB 12 – 5 Aryzta AG 7 –
1 Electrolux AB 33 0.01 1 Ascom Holding AG 16 0.01
2 Elekta AB 22 0.01 1 Baloise Holding AG 105 0.04
3 Epiroc AB, Class A 26 0.01 – Banque Cantonale Vaudoise 23 0.01
2 Epiroc AB, Class B 13 0.01 – Belimo Holding AG 12 –
3 Fabege AB 42 0.02 – BKW AG 24 0.01
1 Fastighets AB Balder 26 0.01 – Bossard Holding AG 21 0.01
2 Fingerprint Cards AB 2 – – Bucher Industries AG 23 0.01
2 Getinge AB 22 0.01 1 Cembra Money Bank AG 42 0.02
– Granges AB 4 – 3 Cie Financiere Richemont SA 167 0.07
2 Hemfosa Fastigheter AB 18 0.01 3 Clariant AG 52 0.02
4 Hennes & Mauritz AB 79 0.03 – Conzzeta AG 8 –
1 Hexagon AB 53 0.02 12 Credit Suisse Group AG 145 0.06
3 Hexpol AB 28 0.01 – Daetwyler Holding AG 10 –
2 Holmen AB 38 0.02 – DKSH Holding AG 15 0.01
2 Hufvudstaden AB 33 0.01 – dormakaba Holding AG 29 0.01
3 Husqvarna AB 24 0.01 1 Dufry AG 57 0.02
1 ICA Gruppen AB 32 0.01 3 EFG International AG 21 0.01
1 Indutrade AB 26 0.01 – Emmi AG 24 0.01
1 Intrum AB 18 0.01 – EMS-Chemie Holding AG 24 0.01
2 JM AB 28 0.01 – Flughafen Zurich AG 41 0.02
3 Kindred Group PLC, SDR 30 0.01 – Forbo Holding AG 12 –
3 Kungsleden AB 22 0.01 2 GAM Holding AG 11 –
1 Loomis AB 28 0.01 – Geberit AG 54 0.02
1 Millicom International Cellular SA 37 0.02 – Georg Fischer AG 40 0.02
– NCC AB 5 – – Givaudan SA 235 0.10
2 NetEnt AB 9 – – Helvetia Holding AG 69 0.03
2 Nibe Industrier AB 26 0.01 – Huber & Suhner AG 11 –
– Nolato AB 7 – – Implenia AG 7 –
14 Nordea Bank Abp 129 0.05 – Inficon Holding AG 16 0.01
2 Nyfosa AB 10 – – Interroll Holding AG 9 –
– Oriflame Holding AG 6 – 2 Julius Baer Group Ltd 79 0.03
1 Pandox AB 11 – – Kardex AG 7 –
3 Peab AB 27 0.01 – Komax Holding AG 11 –
1 Saab AB 32 0.01 – Kuehne & Nagel International AG 61 0.03
7 Sandvik AB 99 0.04 2 Logitech International SA 61 0.03
2 Scandic Hotels Group AB 19 0.01 – Luzerner Kantonalbank AG 12 –
3 Securitas AB 44 0.02 – Mobimo Holding AG 24 0.01
11 Skandinaviska Enskilda Banken AB 111 0.05 10 Novartis AG 911 0.38
2 Skanska AB 34 0.01 4 OC Oerlikon Corp AG 48 0.02
4 SKF AB 59 0.02 – Panalpina Welttransport Holding AG 38 0.02
6 Svenska Cellulosa AB SCA, Class B 49 0.02 – Partners Group Holding AG 126 0.05
9 Svenska Handelsbanken AB 96 0.04 1 PSP Swiss Property AG 58 0.02
5 Swedbank AB 122 0.06 4 Roche Holding AG (non-voting rights) 978 0.40
2 Swedish Orphan Biovitrum AB 36 0.01 – Roche Holding AG (voting rights) 43 0.02
4 Tele2 AB 45 0.02 – Schindler Holding AG 24 0.01
15 Telefonaktiebolaget LM Ericsson 129 0.06 – Schweiter Technologies AG 31 0.01
23 Telia Co AB 108 0.05 – SFS Group AG 24 0.01
1 Thule Group AB 13 0.01 – SGS SA 81 0.03
1 Trelleborg AB 17 0.01 – Siegfried Holding AG 12 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 217
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Switzerland - 2.63% (continued) United Kingdom - 4.89% (continued)
2 Sika AG 191 0.08 1 Computacenter PLC 18 0.01
1 Sonova Holding AG 86 0.04 6 ConvaTec Group PLC 11 –
– St Galler Kantonalbank AG 17 0.01 7 Countryside Properties PLC 24 0.01
– Straumann Holding AG 70 0.03 3 Crest Nicholson Holdings PLC 14 0.01
– Sulzer AG 30 0.01 1 Croda International PLC 89 0.04
1 Sunrise Communications Group AG 54 0.02 10 CYBG PLC 26 0.01
– Swatch Group AG (Bearer) 70 0.03 2 Daily Mail & General Trust PLC 13 0.01
– Swatch Group AG (Registered) 26 0.01 3 Dairy Crest Group PLC 20 0.01
– Swiss Life Holding AG 108 0.04 1 DCC PLC 90 0.04
1 Swiss Prime Site AG 76 0.03 10 Diageo PLC 359 0.15
2 Swiss Re AG 188 0.08 2 Diploma PLC 37 0.02
– Swisscom AG 238 0.10 11 Direct Line Insurance Group PLC 48 0.02
– Tecan Group AG 16 0.01 22 Dixons Carphone PLC 45 0.02
1 Temenos AG 66 0.03 4 Domino's Pizza Group PLC 12 –
17 UBS Group AG 230 0.10 14 DS Smith PLC 60 0.02
– Valiant Holding AG 22 0.01 11 EI Group PLC 26 0.01
– Valora Holding AG 9 – 6 Electrocomponents PLC 39 0.02
– VAT Group AG 28 0.01 5 Elementis PLC 12 –
1 Vifor Pharma AG 85 0.05 10 Entertainment One Ltd 48 0.02
– Vontobel Holding AG 27 0.01 3 Equiniti Group PLC 10 –
– Walliser Kantonalbank 16 0.01 8 Experian PLC 185 0.08
1 Zurich Insurance Group AG 298 0.13 2 Ferguson PLC 144 0.06
6,367 2.63 9 Firstgroup PLC 10 –
United Kingdom - 4.89% – Fresnillo PLC 5 –
13 3i Group PLC 139 0.06 15 G4S PLC 38 0.02
2 AA PLC 2 – 1 Galliford Try PLC 8 –
2 Admiral Group PLC 46 0.02 – Games Workshop Group PLC 10 –
1 AG Barr PLC 12 – – Genus PLC 13 0.01
1 Antofagasta PLC 14 0.01 12 GlaxoSmithKline PLC 256 0.11
3 Ashmore Group PLC 14 0.01 3 Grafton Group PLC 28 0.01
4 Ashtead Group PLC 95 0.04 7 Grainger PLC 24 0.01
6 AstraZeneca PLC 435 0.18 11 Greencore Group PLC 27 0.01
19 Auto Trader Group PLC 108 0.04 3 Greene King PLC 19 0.01
– Aveva Group PLC 14 0.01 1 Greggs PLC 14 0.01
39 Aviva PLC 205 0.08 3 GVC Holdings PLC 27 0.01
9 B&M European Value Retail SA 42 0.02 3 Halfords Group PLC 10 –
8 Babcock International Group PLC 61 0.03 3 Halma PLC 50 0.02
25 BAE Systems PLC 158 0.07 2 Hargreaves Lansdown PLC 43 0.02
10 Balfour Beatty PLC 32 0.01 9 Hastings Group Holdings PLC 22 0.01
29 Barclays PLC 60 0.02 25 Hays PLC 50 0.02
20 Barratt Developments PLC 118 0.05 1 Hikma Pharmaceuticals PLC 26 0.01
8 BBA Aviation PLC 26 0.01 1 Hill & Smith Holdings PLC 9 –
5 Beazley PLC 39 0.02 2 Hiscox Ltd 51 0.02
3 Bellway PLC 86 0.04 4 HomeServe PLC 50 0.02
3 Berkeley Group Holdings PLC 107 0.04 7 Howden Joinery Group PLC 41 0.02
1 Bodycote PLC 14 0.01 46 HSBC Holdings PLC 393 0.16
4 Bovis Homes Group PLC 44 0.02 3 Hunting PLC 21 0.01
5 Brewin Dolphin Holdings PLC 19 0.01 4 IG Group Holdings PLC 28 0.01
3 Britvic PLC 34 0.01 1 IHS Markit Ltd 57 0.02
41 BT Group PLC 137 0.06 3 IMI PLC 36 0.01
3 BTG PLC 31 0.01 7 Inchcape PLC 52 0.02
3 Bunzl PLC 83 0.03 11 Indivior PLC 15 0.01
4 Burberry Group PLC 85 0.04 10 Informa PLC 90 0.04
5 Cairn Energy PLC 11 – 2 Inmarsat PLC 13 0.01
23 Capita PLC 31 0.01 3 Intermediate Capital Group PLC 42 0.02
6 Capital & Counties Properties PLC 19 0.01 1 Intertek Group PLC 75 0.03
8 Centamin PLC 11 – 5 Investec PLC 31 0.01
8 Cineworld Group PLC 28 0.01 9 IP Group PLC (voting rights) 14 0.01
2 Close Brothers Group PLC 47 0.02 31 ITV PLC 58 0.02
23 Cobham PLC 31 0.01 7 IWG PLC 22 0.01
1 Coca-Cola HBC AG 38 0.02 15 J Sainsbury PLC 59 0.02
11 Compass Group PLC 225 0.09 2 Jardine Lloyd Thompson Group PLC 38 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 218
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United Kingdom - 4.89% (continued) United Kingdom - 4.89% (continued)
5 JD Sports Fashion PLC 24 0.01 4 Severn Trent PLC 89 0.04
10 John Laing Group PLC 40 0.02 3 Shire PLC 167 0.07
13 John Wood Group PLC 109 0.05 5 SIG PLC 6 –
2 Johnson Matthey PLC 86 0.04 6 Smith & Nephew PLC 105 0.04
4 Jupiter Fund Management PLC 17 0.01 4 Smiths Group PLC 71 0.03
5 Just Eat PLC 34 0.01 2 Spectris PLC 48 0.02
6 Just Group PLC 6 – 1 Spirax-Sarco Engineering PLC 44 0.02
1 Kier Group PLC 5 – 7 Spirent Communications PLC 11 –
21 Kingfisher PLC 68 0.03 1 Sports Direct International PLC 4 –
3 Lancashire Holdings Ltd 23 0.01 10 SSE PLC 138 0.06
73 Legal & General Group PLC 230 0.10 5 SSP Group PLC 38 0.02
354 Lloyds Banking Group PLC 251 0.10 8 St James's Place PLC 99 0.04
13 Man Group PLC 24 0.01 6 St Modwen Properties PLC 30 0.01
17 Marks & Spencer Group PLC 64 0.03 9 Standard Chartered PLC 68 0.03
3 Marshalls PLC 16 0.01 17 Standard Life Aberdeen PLC 57 0.02
5 McCarthy & Stone PLC 9 – 3 Synthomer PLC 15 0.01
6 Mediclinic International PLC (UK listing) 26 0.01 65 Taylor Wimpey PLC 112 0.05
9 Meggitt PLC 61 0.03 1 Ted Baker PLC 26 0.01
29 Melrose Industries PLC 65 0.03 1 Telecom Plus PLC 11 –
2 Merlin Entertainments PLC 10 – 70 Tesco PLC 177 0.07
4 Micro Focus International PLC 87 0.04 4 TP ICAP PLC 17 0.01
13 Mitie Group PLC 24 0.01 3 Travis Perkins PLC 48 0.02
1 Mondi PLC 24 0.01 12 Tullow Oil PLC 28 0.01
9 Moneysupermarket.com Group PLC 34 0.01 2 UDG Healthcare PLC 16 0.01
2 Morgan Advanced Materials PLC 9 – 1 Ultra Electronics Holdings PLC 12 –
4 National Express Group PLC 20 0.01 6 Unilever PLC 332 0.14
17 National Grid PLC 181 0.07 12 United Utilities Group PLC 113 0.05
1 Next PLC 57 0.02 11 Vectura Group PLC 10 –
– NMC Health PLC 19 0.01 2 Vesuvius PLC 13 –
2 Northgate PLC 10 – 2 Victrex PLC 50 0.02
4 Ocado Group PLC 40 0.02 15 Vodafone Group PLC 33 0.01
6 Pagegroup PLC 36 0.01 1 Weir Group PLC 24 0.01
3 Paragon Banking Group PLC 16 0.01 1 WH Smith PLC 32 0.01
6 Pearson PLC 80 0.03 1 Whitbread PLC 46 0.02
30 Pendragon PLC 9 – 9 William Hill PLC 20 0.01
3 Persimmon PLC 82 0.03 27 Wm Morrison Supermarkets PLC 82 0.04
4 Petrofac Ltd 26 0.01 11 WPP PLC 125 0.06
11 Pets at Home Group PLC 17 0.01 11,816 4.89
8 Phoenix Group Holdings 59 0.02 United States - 60.32%
3 Playtech PLC 18 0.01 – 2U Inc 28 0.01
3 Provident Financial PLC 26 0.01 1 3M Co 262 0.11
11 Prudential PLC 226 0.09 1 AAON Inc 36 0.01
4 QinetiQ Group PLC 17 0.01 – AAR Corp 11 –
– Rathbone Brothers PLC 13 0.01 – Aaron's Inc 21 0.01
3 Reckitt Benckiser Group PLC 225 0.09 5 Abbott Laboratories 343 0.14
6 Redrow PLC 34 0.01 4 AbbVie Inc 382 0.16
13 RELX PLC 270 0.11 1 Abercrombie & Fitch Co 12 –
5 RELX PLC 114 0.05 – ABIOMED Inc 73 0.03
1 Renishaw PLC 32 0.01 2 ABM Industries Inc 56 0.02
19 Rentokil Initial PLC 80 0.03 1 Acadia Healthcare Co Inc 27 0.01
15 Rightmove PLC 86 0.04 3 Accenture PLC 546 0.23
11 Rolls-Royce Holdings PLC 123 0.05 1 ACCO Brands Corp 9 –
7 Rotork PLC 22 0.01 2 ACI Worldwide Inc 44 0.02
10 Royal Mail PLC 40 0.02 – Acorda Therapeutics Inc 9 –
4 RPC Group PLC 40 0.02 2 Activision Blizzard Inc 117 0.05
9 RSA Insurance Group PLC 64 0.03 1 Actuant Corp 14 0.01
10 Saga PLC 14 0.01 1 Acuity Brands Inc 72 0.03
11 Sage Group PLC 84 0.03 1 Acushnet Holdings Corp 28 0.01
2 Savills PLC 14 0.01 1 Adient PLC 24 0.01
– Schroders PLC (non-voting rights) 9 – 2 Adobe Inc 441 0.18
1 Schroders PLC (voting rights) 32 0.01 1 Adtalem Global Education Inc 29 0.01
4 Senior PLC 12 – 1 Advance Auto Parts Inc 130 0.05
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 219
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 60.32% (continued) United States - 60.32% (continued)
1 Advanced Drainage Systems Inc 14 0.01 2 Analog Devices Inc 145 0.06
– Advanced Energy Industries Inc 10 – – Andersons Inc 8 –
6 Advanced Micro Devices Inc 138 0.06 1 ANGI Homeservices Inc 20 0.01
– AdvanSix Inc 2 – – Anika Therapeutics Inc 10 –
3 AECOM 100 0.04 – Anixter International Inc 29 0.01
2 Aerojet Rocketdyne Holdings Inc 56 0.02 1 ANSYS Inc 94 0.04
– Aerovironment Inc 17 0.01 2 Anthem Inc 585 0.24
1 Affiliated Managers Group Inc 64 0.03 1 AO Smith Corp 33 0.01
8 Aflac Inc 361 0.15 2 Aon PLC 340 0.14
1 AGCO Corp 89 0.04 1 Apergy Corp 38 0.02
2 Agilent Technologies Inc 153 0.06 1 Apogee Enterprises Inc 23 0.01
– Agios Pharmaceuticals Inc 32 0.01 – Appfolio Inc 8 –
2 Air Lease Corp 91 0.04 38 Apple Inc 6,794 2.81
2 Aircastle Ltd 31 0.01 1 Applied Industrial Technologies Inc 41 0.02
1 Akamai Technologies Inc 74 0.03 5 Applied Materials Inc 199 0.08
1 Akorn Inc 6 – 1 AptarGroup Inc 107 0.04
– Alamo Group Inc 8 – 2 Aptiv PLC 132 0.05
1 Alarm.com Holdings Inc 34 0.01 3 Aqua America Inc 118 0.05
1 Alaska Air Group Inc 81 0.03 1 AquaVenture Holdings Ltd 13 0.01
1 Albany International Corp 54 0.02 2 Aramark 70 0.03
1 Albemarle Corp 91 0.04 7 Arch Capital Group Ltd 190 0.08
1 Alexion Pharmaceuticals Inc 156 0.06 1 Archrock Inc 12 –
– Align Technology Inc 103 0.04 3 Arconic Inc 56 0.02
1 Alkermes PLC 36 0.01 1 Arcosa Inc 21 0.01
– Alleghany Corp 153 0.06 1 Arena Pharmaceuticals Inc 27 0.01
1 Allegion PLC 67 0.03 1 Ares Management Corp 33 0.01
2 Allergan PLC 253 0.10 – Argan Inc 13 0.01
1 Alliance Data Systems Corp 123 0.05 – Arista Networks Inc 91 0.04
2 Allison Transmission Holdings Inc 71 0.03 – Armstrong World Industries Inc 29 0.01
2 Allscripts Healthcare Solutions Inc 23 0.01 3 ARRIS International PLC 85 0.04
3 Allstate Corp 273 0.11 2 Arrow Electronics Inc 148 0.06
7 Ally Financial Inc 187 0.08 1 Arrow Financial Corp 19 0.01
– Alnylam Pharmaceuticals Inc 21 0.01 2 Arthur J Gallagher & Co 152 0.06
1 Alphabet Inc, Class A 1,335 0.55 1 Artisan Partners Asset Management Inc 29 0.01
1 Alphabet Inc, Class C 1,310 0.54 – Asbury Automotive Group Inc 28 0.01
3 Altice USA Inc 48 0.02 1 ASGN Inc 52 0.02
1 Altra Industrial Motion Corp 36 0.01 1 Ashland Global Holdings Inc 101 0.04
2 Amazon.com Inc 3,715 1.54 1 Aspen Insurance Holdings Ltd 57 0.02
1 AMC Networks Inc 41 0.02 1 Aspen Technology Inc 74 0.03
1 Amdocs Ltd 53 0.02 3 Associated Banc-Corp 58 0.02
– Amedisys Inc 40 0.02 1 Assurant Inc 119 0.05
– AMERCO 129 0.05 3 Assured Guaranty Ltd 103 0.04
1 American Axle & Manufacturing Holdings Inc 10 – – Astec Industries Inc 16 0.01
2 American Eagle Outfitters Inc 48 0.02 – Astronics Corp, Class A 6 –
1 American Equity Investment Life Holding Co 33 0.01 – Astronics Corp, Class B 2 –
5 American Express Co 609 0.25 1 At Home Group Inc 32 0.01
1 American Financial Group Inc 116 0.05 35 AT&T Inc 1,091 0.45
6 American International Group Inc 248 0.10 1 Atara Biotherapeutics Inc 37 0.02
– American National Insurance Co 54 0.02 – athenahealth Inc 35 0.01
1 American States Water Co 43 0.02 2 Athene Holding Ltd 98 0.04
2 American Water Works Co Inc 207 0.09 1 Atkore International Group Inc 20 0.01
– American Woodmark Corp 10 – 1 Atlantica Yield PLC 18 0.01
2 Ameriprise Financial Inc 264 0.11 – Atlassian Corp PLC 36 0.01
1 Ameris Bancorp 26 0.01 1 Atmos Energy Corp 139 0.06
– Amerisafe Inc 26 0.01 – ATN International Inc 14 0.01
2 AmerisourceBergen Corp 198 0.08 – Atrion Corp 14 0.01
2 AMETEK Inc 127 0.05 – Audentes Therapeutics Inc 7 –
4 Amgen Inc 858 0.35 2 Autodesk Inc 255 0.11
2 Amicus Therapeutics Inc 20 0.01 1 Autoliv Inc 72 0.03
2 Amkor Technology Inc 13 0.01 2 Automatic Data Processing Inc 283 0.12
1 AMN Healthcare Services Inc 44 0.02 2 AutoNation Inc 62 0.03
2 Amneal Pharmaceuticals Inc 34 0.01 – AutoZone Inc 155 0.06
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 220
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 60.32% (continued) United States - 60.32% (continued)
– Avanos Medical Inc 20 0.01 – Booking Holdings Inc 420 0.17
1 Avery Dennison Corp 113 0.05 2 Booz Allen Hamilton Holding Corp 81 0.03
1 Avis Budget Group Inc 36 0.01 2 BorgWarner Inc 83 0.03
– Avista Corp 23 0.01 – Boston Beer Co Inc 21 0.01
2 Avnet Inc 86 0.04 1 Boston Private Financial Holdings Inc 19 0.01
4 Avon Products Inc 8 – 6 Boston Scientific Corp 208 0.09
1 AVX Corp 17 0.01 – Bottomline Technologies DE Inc 19 0.01
4 Axalta Coating Systems Ltd 105 0.04 1 Brady Corp 24 0.01
2 Axis Capital Holdings Ltd 99 0.04 – Bridge Bancorp Inc 8 –
– Axon Enterprise Inc 21 0.01 – Bright Horizons Family Solutions Inc 59 0.02
1 Axos Financial Inc 33 0.01 2 Brighthouse Financial Inc 77 0.03
– AZZ Inc 21 0.01 1 BrightSphere Investment Group PLC 11 –
– B&G Foods Inc 13 0.01 1 Brink's Co 64 0.03
– Badger Meter Inc 14 0.01 – Brinker International Inc 21 0.01
4 Baker Hughes a GE Co 94 0.04 7 Bristol-Myers Squibb Co 389 0.16
– Balchem Corp 39 0.02 1 Broadcom Inc 284 0.12
5 Ball Corp 225 0.09 1 Broadridge Financial Solutions Inc 82 0.03
1 Banc of California Inc 10 – 1 Brookdale Senior Living Inc 11 –
1 BancFirst Corp 43 0.02 1 Brookline Bancorp Inc 22 0.01
2 Bancorp Inc 20 0.01 1 Brooks Automation Inc 20 0.01
1 BancorpSouth Bank 44 0.02 5 Brown & Brown Inc 141 0.06
23 Bank of America Corp 658 0.27 1 Brown-Forman Corp, Class A 37 0.02
1 Bank of Hawaii Corp 53 0.02 2 Brown-Forman Corp, Class B 105 0.04
– Bank of Marin Bancorp 14 0.01 2 Bruker Corp 59 0.02
3 Bank of New York Mellon Corp 137 0.06 1 Brunswick Corp 69 0.03
– Bank of NT Butterfield & Son Ltd 20 0.01 – Bryn Mawr Bank Corp 11 –
2 Bank OZK 54 0.02 2 Builders FirstSource Inc 29 0.01
2 BankUnited Inc 63 0.03 1 Burlington Stores Inc 97 0.04
1 Banner Corp 32 0.01 1 BWX Technologies Inc 57 0.02
1 Barnes Group Inc 52 0.02 – Cable One Inc 97 0.04
1 Basic Energy Services Inc 5 – – Cabot Microelectronics Corp 27 0.01
3 BB&T Corp 142 0.06 – CACI International Inc 54 0.02
2 BBX Capital Corp 16 0.01 1 Cactus Inc 18 0.01
1 Beacon Roofing Supply Inc 46 0.02 1 Cadence BanCorp 28 0.01
1 Beazer Homes USA Inc 15 0.01 2 Cadence Design Systems Inc 97 0.04
1 Becton Dickinson and Co 234 0.10 – Calavo Growers Inc 16 0.01
2 Bed Bath & Beyond Inc 24 0.01 – Caleres Inc 12 –
– Belden Inc 17 0.01 1 California Water Service Group 62 0.03
1 Belmond Ltd 13 0.01 3 Callaway Golf Co 46 0.02
1 Bemis Co Inc 58 0.02 – Cambrex Corp 14 0.01
1 Beneficial Bancorp Inc 21 0.01 – Camden National Corp 10 –
1 Berkshire Hills Bancorp Inc 23 0.01 2 Campbell Soup Co 61 0.03
2 Berry Global Group Inc 103 0.04 1 Cannae Holdings Inc 24 0.01
3 Best Buy Co Inc 180 0.07 – Cantel Medical Corp 28 0.01
3 BGC Partners Inc 30 0.01 3 Capital One Financial Corp 272 0.11
– Big Lots Inc 13 0.01 2 Capitol Federal Financial Inc 30 0.01
– Bio-Rad Laboratories Inc 70 0.03 4 Cardinal Health Inc 199 0.08
– Bio-Techne Corp 51 0.02 1 Cardtronics PLC 24 0.01
1 Biogen Inc 377 0.16 1 Carlisle Cos Inc 86 0.04
1 BioMarin Pharmaceutical Inc 69 0.03 2 CarMax Inc 142 0.06
– BioTelemetry Inc 20 0.01 – Carolina Financial Corp 10 –
– BJ's Restaurants Inc 9 – 1 Cars.com Inc 28 0.01
2 Black Knight Inc 81 0.03 1 Carter's Inc 55 0.02
1 Blackbaud Inc 42 0.02 – Carvana Co 12 –
1 BlackRock Inc 233 0.10 1 Casey's General Stores Inc 65 0.03
1 Bloomin' Brands Inc 16 0.01 1 Catalent Inc 44 0.02
– Blucora Inc 10 – 3 Caterpillar Inc 413 0.17
– Bluebird Bio Inc 41 0.02 2 Cathay General Bancorp 63 0.03
1 BMC Stock Holdings Inc 21 0.01 – Cavco Industries Inc 30 0.01
– Boingo Wireless Inc 9 – 5 CBRE Group Inc 213 0.09
1 Boise Cascade Co 25 0.01 3 CBS Corp 156 0.06
1 BOK Financial Corp 73 0.03 1 CDK Global Inc 65 0.03
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 221
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 60.32% (continued) United States - 60.32% (continued)
1 CDW Corp 121 0.05 32 Comcast Corp 1,263 0.52
1 Celanese Corp 84 0.03 1 Comfort Systems USA Inc 53 0.02
3 Celgene Corp 217 0.09 1 Commerce Bancshares Inc 76 0.03
2 Centene Corp 230 0.10 2 CommScope Holding Co Inc 38 0.02
2 CenterState Bank Corp 40 0.02 1 Community Bank System Inc 63 0.03
2 Central European Media Enterprises Ltd 8 – – Community Trust Bancorp Inc 11 –
– Central Garden & Pet Co (non-voting rights) 12 – 1 CommVault Systems Inc 30 0.01
1 Century Communities Inc 13 0.01 – Compass Minerals International Inc 22 0.01
3 Cerner Corp 156 0.06 3 Conduent Inc 43 0.02
2 CH Robinson Worldwide Inc 144 0.06 – CONMED Corp 18 0.01
1 Charles River Laboratories International Inc 82 0.03 – Connecticut Water Service Inc 14 0.01
5 Charles Schwab Corp 241 0.10 – ConnectOne Bancorp Inc 9 –
1 Chart Industries Inc 46 0.02 – Consolidated Communications Holdings Inc 4 –
1 Charter Communications Inc 420 0.17 3 Consolidated Edison Inc 202 0.08
– Chase Corp 10 – 1 Constellation Brands Inc 226 0.09
– Cheesecake Factory Inc 19 0.01 – Continental Building Products Inc 10 –
1 Chefs' Warehouse Inc 19 0.01 – Cooper Cos Inc 129 0.05
– Chemed Corp 42 0.02 – Cooper-Standard Holdings Inc 12 –
1 Chemical Financial Corp 50 0.02 – Copa Holdings SA 20 0.01
2 Chemours Co 58 0.02 2 Copart Inc 122 0.05
3 Cheniere Energy Inc 177 0.07 1 Corcept Therapeutics Inc 13 0.01
– Chesapeake Utilities Corp 40 0.02 1 Core Laboratories NV 67 0.03
1 Chico's FAS Inc 4 – 1 CoreLogic Inc 54 0.02
– Children's Place Inc 32 0.01 1 CorVel Corp 42 0.02
– Chipotle Mexican Grill Inc 68 0.03 – CoStar Group Inc 61 0.03
– Choice Hotels International Inc 39 0.02 3 Costco Wholesale Corp 715 0.30
2 Chubb Ltd 304 0.13 9 Coty Inc 77 0.03
2 Church & Dwight Co Inc 144 0.06 – Cracker Barrel Old Country Store Inc 33 0.01
– Churchill Downs Inc 31 0.01 1 Crane Co 81 0.03
3 Ciena Corp 100 0.04 – Credit Acceptance Corp 133 0.06
2 Cigna Corp 337 0.14 1 Cree Inc 41 0.02
– Cimpress NV 31 0.01 1 Crocs Inc 17 0.01
2 Cincinnati Financial Corp 150 0.06 2 Crown Holdings Inc 81 0.03
2 Cinemark Holdings Inc 60 0.02 1 CryoLife Inc 33 0.01
1 Cintas Corp 139 0.06 1 CSG Systems International Inc 18 0.01
– CIRCOR International Inc 7 – 3 CSX Corp 229 0.09
1 Cirrus Logic Inc 19 0.01 – CTS Corp 9 –
22 Cisco Systems Inc 1,029 0.43 1 Cubic Corp 34 0.01
1 Cision Ltd 12 – 1 Cullen/Frost Bankers Inc 105 0.04
3 CIT Group Inc 126 0.05 2 Cummins Inc 234 0.10
10 Citigroup Inc 631 0.26 1 Curtiss-Wright Corp 64 0.03
3 Citizens Financial Group Inc 120 0.05 – Customers Bancorp Inc 7 –
1 Citrix Systems Inc 117 0.05 2 CVB Financial Corp 44 0.02
– City Holding Co 30 0.01 1 CVR Energy Inc 27 0.01
– Civeo Corp – – 11 CVS Health Corp 852 0.35
5 Clean Energy Fuels Corp 10 – 3 Cypress Semiconductor Corp 42 0.02
1 Clean Harbors Inc 48 0.02 2 Dana Inc 25 0.01
1 Clearway Energy Inc, Class C 10 – 3 Danaher Corp 318 0.13
1 Clorox Co 138 0.06 1 Darling Ingredients Inc 22 0.01
1 CME Group Inc 153 0.06 – Dave & Buster's Entertainment Inc 19 0.01
– Coca-Cola Bottling Co Consolidated 7 – 2 DaVita Inc 123 0.05
9 Coca-Cola Co 464 0.19 – Deckers Outdoor Corp 63 0.03
2 Coeur Mining Inc 8 – 2 Deere & Co 348 0.14
1 Cogent Communications Holdings Inc 50 0.02 1 Delek US Holdings Inc 54 0.02
1 Cognex Corp 41 0.02 – Dell Technologies Inc Class V 47 0.02
3 Cognizant Technology Solutions Corp 220 0.09 1 Delphi Technologies PLC 17 0.01
1 Cohen & Steers Inc 35 0.01 1 Deluxe Corp 26 0.01
– Coherent Inc 21 0.01 2 DENTSPLY SIRONA Inc 86 0.04
2 Colfax Corp 43 0.02 1 DexCom Inc 113 0.05
4 Colgate-Palmolive Co 266 0.11 2 Diamond Offshore Drilling Inc 19 0.01
1 Columbia Banking System Inc 44 0.02 1 Dick's Sporting Goods Inc 47 0.02
1 Columbia Sportswear Co 84 0.03 – Dillard's Inc 19 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 222
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 60.32% (continued) United States - 60.32% (continued)
– Diodes Inc 14 0.01 1 Enterprise Financial Services Corp 31 0.01
1 Diplomat Pharmacy Inc 10 – – Envestnet Inc 21 0.01
4 Discover Financial Services 280 0.12 – EPAM Systems Inc 54 0.02
2 Discovery Inc, Class A 74 0.03 – ePlus Inc 11 –
4 Discovery Inc, Class C 121 0.05 1 Equifax Inc 140 0.06
2 DISH Network Corp 68 0.03 1 Erie Indemnity Co 79 0.03
1 Dolby Laboratories Inc 62 0.03 1 ESCO Technologies Inc 44 0.02
2 Dollar General Corp 268 0.11 1 Essent Group Ltd 52 0.02
2 Dollar Tree Inc 192 0.08 2 Estee Lauder Cos Inc 229 0.09
– Domino's Pizza Inc 100 0.04 – Esterline Technologies Corp 25 0.01
– Domtar Corp 20 0.01 1 Etsy Inc 54 0.02
2 Donaldson Co Inc 106 0.04 – Euronet Worldwide Inc 52 0.02
– Donnelley Financial Solutions Inc 1 – 1 Evercore Inc 43 0.02
– Dorman Products Inc 26 0.01 1 Everest Re Group Ltd 146 0.06
1 Douglas Dynamics Inc 19 0.01 4 Eversource Energy 258 0.11
2 Dover Corp 157 0.06 1 Evertec Inc 17 0.01
4 DowDuPont Inc 232 0.10 1 Evolent Health Inc 36 0.01
5 DR Horton Inc 181 0.07 1 Exact Sciences Corp 71 0.03
1 Dril-Quip Inc 28 0.01 1 Exelixis Inc 26 0.01
1 DSW Inc 24 0.01 1 ExlService Holdings Inc 35 0.01
1 Dun & Bradstreet Corp 84 0.03 1 Expedia Group Inc 90 0.04
2 Dunkin' Brands Group Inc 112 0.05 3 Expeditors International of Washington Inc 205 0.08
3 DXC Technology Co 178 0.07 – Exponent Inc 23 0.01
1 DXP Enterprises Inc 22 0.01 1 Express Inc 4 –
– Dycom Industries Inc 28 0.01 8 Express Scripts Holding Co 812 0.34
3 E*TRADE Financial Corp 150 0.06 2 Extended Stay America Inc 30 0.01
– Eagle Bancorp Inc 25 0.01 1 F5 Networks Inc 129 0.05
2 East West Bancorp Inc 105 0.04 – Fabrinet 15 0.01
3 Eaton Corp PLC 217 0.09 11 Facebook Inc 1,600 0.66
2 Eaton Vance Corp 72 0.03 – FactSet Research Systems Inc 53 0.02
7 eBay Inc 206 0.09 – Fair Isaac Corp 69 0.03
– Ebix Inc 13 0.01 2 Fastenal Co 138 0.06
– EchoStar Corp 15 0.01 1 FB Financial Corp 21 0.01
3 Ecolab Inc 430 0.18 1 FCB Financial Holdings Inc 24 0.01
1 Edgewell Personal Care Co 38 0.02 1 Federal Signal Corp 13 0.01
1 Edwards Lifesciences Corp 191 0.08 1 Federated Investors Inc 28 0.01
1 eHealth Inc 30 0.01 1 FedEx Corp 213 0.09
1 Eldorado Resorts Inc 29 0.01 2 Ferro Corp 33 0.01
2 Electronic Arts Inc 195 0.08 1 Ferroglobe PLC 3 –
1 Electronics For Imaging Inc 32 0.01 1 FibroGen Inc 41 0.02
– Ellie Mae Inc 19 0.01 2 Fidelity National Financial Inc 79 0.03
1 EMCOR Group Inc 65 0.03 2 Fidelity National Information Services Inc 248 0.10
1 Emerald Expositions Events Inc 6 – 1 Fidelity Southern Corp 22 0.01
1 Emergent BioSolutions Inc 84 0.03 1 Finisar Corp 34 0.01
4 Emerson Electric Co 297 0.12 2 First American Financial Corp 110 0.05
1 Employers Holdings Inc 29 0.01 4 First Bancorp (Puerto Rico) 32 0.01
– Enanta Pharmaceuticals Inc 13 0.01 – First Bancorp (Southern Pines NC) 12 –
1 Encompass Health Corp 56 0.02 – First Busey Corp 14 0.01
– Encore Capital Group Inc 8 – – First Citizens BancShares Inc 71 0.03
2 Endo International PLC 29 0.01 2 First Commonwealth Financial Corp 32 0.01
1 Endurance International Group Holdings Inc 10 – 1 First Community Bankshares Inc 22 0.01
1 Energizer Holdings Inc 39 0.02 4 First Data Corp 76 0.03
1 EnerSys 51 0.02 1 First Financial Bancorp 36 0.01
1 Engility Holdings Inc 23 0.01 1 First Financial Bankshares Inc 38 0.02
2 EnLink Midstream LLC 26 0.01 2 First Hawaiian Inc 52 0.02
1 Enova International Inc 22 0.01 6 First Horizon National Corp 91 0.04
– EnPro Industries Inc 11 – – First Interstate BancSystem Inc 14 0.01
9 Ensco PLC 51 0.02 1 First Merchants Corp 36 0.01
– Ensign Group Inc 22 0.01 1 First Midwest Bancorp Inc 28 0.01
– Enstar Group Ltd 48 0.02 1 First Republic Bank 110 0.05
1 Entegris Inc 37 0.02 1 First Solar Inc 36 0.01
1 Entercom Communications Corp 9 – 1 FirstCash Inc 72 0.03
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 223
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 60.32% (continued) United States - 60.32% (continued)
2 Fiserv Inc 196 0.08 1 Globus Medical Inc 63 0.03
2 Fitbit Inc 10 – 1 GoDaddy Inc 85 0.04
– Five Below Inc 49 0.02 2 Goldman Sachs Group Inc 346 0.14
– Five Prime Therapeutics Inc 5 – 2 Goodyear Tire & Rubber Co 35 0.01
1 Flagstar Bancorp Inc 26 0.01 – GoPro Inc 2 –
1 FleetCor Technologies Inc 131 0.05 2 Graco Inc 70 0.03
6 Flex Ltd 51 0.02 – Graham Holdings Co 26 0.01
1 FLIR Systems Inc 66 0.03 – Grand Canyon Education Inc 50 0.02
1 Floor & Decor Holdings Inc 41 0.02 1 Granite Construction Inc 36 0.01
2 Flowers Foods Inc 36 0.01 4 Graphic Packaging Holding Co 53 0.02
2 Flowserve Corp 92 0.04 1 Gray Television Inc 25 0.01
3 Fluor Corp 134 0.06 – Great Southern Bancorp Inc 22 0.01
2 FMC Corp 128 0.05 1 Great Western Bancorp Inc 41 0.02
5 FNB Corp 58 0.02 1 Green Dot Corp 94 0.04
2 Foot Locker Inc 109 0.05 1 Greenbrier Cos Inc 28 0.01
38 Ford Motor Co 358 0.15 1 Greif Inc, Class A 33 0.01
1 Fortinet Inc 71 0.03 – Greif Inc, Class B 10 –
3 Fortive Corp 206 0.09 – Group 1 Automotive Inc 21 0.01
2 Fortune Brands Home & Security Inc 78 0.03 9 Groupon Inc 28 0.01
2 Forum Energy Technologies Inc 16 0.01 – GrubHub Inc 31 0.01
– Forward Air Corp 18 0.01 – GTT Communications Inc 17 0.01
1 Fossil Group Inc 23 0.01 1 Guess? Inc 26 0.01
– Fox Factory Holding Corp 21 0.01 1 Guidewire Software Inc 52 0.02
5 Frank's International NV 34 0.01 – H&E Equipment Services Inc 6 –
– Franklin Electric Co Inc 19 0.01 2 H&R Block Inc 49 0.02
– Franklin Financial Network Inc 17 0.01 – Haemonetics Corp 48 0.02
4 Franklin Resources Inc 127 0.05 1 Hain Celestial Group Inc 20 0.01
– Fresh Del Monte Produce Inc 12 – 1 Halozyme Therapeutics Inc 21 0.01
1 Frontdoor Inc 16 0.01 1 Hancock Whitney Corp 47 0.02
1 Frontier Communications Corp 2 – 2 Hanesbrands Inc 29 0.01
– FRP Holdings Inc 12 – 1 Hanover Insurance Group Inc 83 0.03
1 FTI Consulting Inc 54 0.02 3 Harley-Davidson Inc 128 0.05
2 Fulton Financial Corp 33 0.01 1 Harris Corp 143 0.06
– G-III Apparel Group Ltd 14 0.01 1 Harsco Corp 19 0.01
1 GameStop Corp 18 0.01 3 Hartford Financial Services Group Inc 142 0.06
1 Gannett Co Inc 14 0.01 2 Hasbro Inc 161 0.07
4 Gap Inc 115 0.05 1 HB Fuller Co 46 0.02
2 Gardner Denver Holdings Inc 52 0.02 4 HD Supply Holdings Inc 144 0.06
2 Garmin Ltd 117 0.05 1 Healthcare Services Group Inc 45 0.02
– Garrett Motion Inc 3 – 1 HealthEquity Inc 48 0.02
1 Gartner Inc 97 0.04 1 Heartland Express Inc 12 –
1 GasLog Ltd 13 0.01 1 Heartland Financial USA Inc 28 0.01
– GATX Corp 37 0.02 1 HEICO Corp 42 0.02
1 GCI Liberty Inc 35 0.01 1 HEICO Corp, Class A 71 0.03
1 GCP Applied Technologies Inc 24 0.01 – Helen of Troy Ltd 33 0.01
1 Generac Holdings Inc 56 0.02 1 Helix Energy Solutions Group Inc 9 –
32 General Electric Co 242 0.10 2 Helmerich & Payne Inc 108 0.04
6 General Mills Inc 254 0.11 1 Henry Schein Inc 98 0.04
6 General Motors Co 241 0.10 2 Herbalife Nutrition Ltd 112 0.05
– Genesco Inc 8 – 1 Herc Holdings Inc 22 0.01
1 Genesee & Wyoming Inc 46 0.02 – Heritage Financial Corp 12 –
2 Genpact Ltd 54 0.02 1 Herman Miller Inc 18 0.01
3 Gentex Corp 69 0.03 10 Hewlett Packard Enterprise Co 148 0.06
– Gentherm Inc 16 0.01 1 Hexcel Corp 66 0.03
2 Genuine Parts Co 157 0.06 1 HFF Inc 25 0.01
5 Genworth Financial Inc 25 0.01 1 Hill-Rom Holdings Inc 76 0.03
– Gibraltar Industries Inc 11 – 1 Hillenbrand Inc 45 0.02
10 Gilead Sciences Inc 718 0.30 1 Hilltop Holdings Inc 28 0.01
1 Glacier Bancorp Inc 34 0.01 1 Hilton Grand Vacations Inc 21 0.01
1 Global Blood Therapeutics Inc 18 0.01 1 HMS Holdings Corp 27 0.01
1 Global Payments Inc 116 0.05 1 HNI Corp 34 0.01
– Globant SA 18 0.01 2 HollyFrontier Corp 108 0.04
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 224
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 60.32% (continued) United States - 60.32% (continued)
4 Hologic Inc 179 0.07 – Intuitive Surgical Inc 194 0.08
3 Home BancShares Inc 51 0.02 5 Invesco Ltd 99 0.04
5 Home Depot Inc 879 0.36 4 Investors Bancorp Inc 45 0.02
3 Honeywell International Inc 430 0.18 1 Ionis Pharmaceuticals Inc 41 0.02
2 Hope Bancorp Inc 30 0.01 1 IQVIA Holdings Inc 166 0.07
– Horace Mann Educators Corp 11 – 1 Iridium Communications Inc 25 0.01
1 Horizon Pharma PLC 30 0.01 – iRobot Corp 15 0.01
2 Hostess Brands Inc 19 0.01 – Itron Inc 20 0.01
– Houlihan Lokey Inc 12 – 1 ITT Inc 73 0.03
1 Howard Hughes Corp 87 0.04 – J&J Snack Foods Corp 25 0.01
12 HP Inc 275 0.11 1 j2 Global Inc 49 0.02
1 Hub Group Inc 34 0.01 2 Jabil Inc 37 0.02
1 Hubbell Inc 103 0.04 1 Jack Henry & Associates Inc 90 0.04
– Hubspot Inc 45 0.02 – Jack in the Box Inc 22 0.01
1 Humana Inc 483 0.20 3 Jacobs Engineering Group Inc 177 0.07
1 Huntington Ingalls Industries Inc 126 0.05 1 James River Group Holdings Ltd 23 0.01
3 Huntsman Corp 59 0.02 4 Janus Henderson Group PLC (US listing) 82 0.03
– Huron Consulting Group Inc 12 – – Jazz Pharmaceuticals PLC 55 0.02
– Hyatt Hotels Corp 21 0.01 1 JB Hunt Transport Services Inc 68 0.03
– Hyster-Yale Materials Handling Inc 23 0.01 1 Jeld Wen Holding Inc 11 –
– IAC/InterActiveCorp 62 0.03 5 JetBlue Airways Corp 94 0.04
1 Iberiabank Corp 53 0.02 1 JM Smucker Co 96 0.04
– ICU Medical Inc 41 0.02 – John Bean Technologies Corp 21 0.01
– IDEX Corp 68 0.03 1 John Wiley & Sons Inc 56 0.02
1 II-VI Inc 20 0.01 12 Johnson & Johnson 1,729 0.72
1 Illinois Tool Works Inc 154 0.06 6 Johnson Controls International PLC 209 0.09
1 Illumina Inc 172 0.07 1 Jones Lang LaSalle Inc 118 0.05
1 IMAX Corp 11 – 18 JPMorgan Chase & Co 2,044 0.85
– Imperva Inc 16 0.01 4 Juniper Networks Inc 109 0.05
1 Incyte Corp 38 0.02 – Kadant Inc 9 –
– Independent Bank Corp (Massachusetts) 20 0.01 – Kaiser Aluminum Corp 15 0.01
1 Independent Bank Group Inc 36 0.01 2 KAR Auction Services Inc 112 0.05
2 Ingersoll-Rand PLC 173 0.07 2 KB Home 37 0.02
– Ingevity Corp 47 0.02 3 KBR Inc 49 0.02
– Innospec Inc 31 0.01 1 Keane Group Inc 9 –
1 Innoviva Inc 18 0.01 2 Kearny Financial Corp 22 0.01
– Inogen Inc 27 0.01 2 Kellogg Co 109 0.05
– Inphi Corp 14 0.01 1 Kemper Corp 90 0.04
– Insight Enterprises Inc 10 – 1 Kennametal Inc 26 0.01
1 Insperity Inc 69 0.03 3 Kennedy-Wilson Holdings Inc 55 0.02
– Installed Building Products Inc 12 – 6 KeyCorp 108 0.04
– Insulet Corp 41 0.02 1 Keysight Technologies Inc 64 0.03
– Integer Holdings Corp 19 0.01 2 KeyW Holding Corp 16 0.01
1 Integra LifeSciences Holdings Corp 39 0.02 16 Kinder Morgan Inc 266 0.11
1 Integrated Device Technology Inc 52 0.02 – Kinsale Capital Group Inc 12 –
15 Intel Corp 757 0.31 1 KLA-Tencor Corp 125 0.05
1 Intelsat SA 28 0.01 – KLX Energy Services Holdings Inc 2 –
1 Inter Parfums Inc 44 0.02 1 Knight-Swift Transportation Holdings Inc 36 0.01
1 Interactive Brokers Group Inc 70 0.03 1 Knoll Inc 10 –
2 Intercontinental Exchange Inc 143 0.06 1 Knowles Corp 13 0.01
– InterDigital Inc 22 0.01 2 Kohl's Corp 142 0.06
– Interface Inc 7 – 1 Korn/Ferry International 42 0.02
1 International Bancshares Corp 38 0.02 4 Kosmos Energy Ltd 20 0.01
4 International Business Machines Corp 515 0.21 2 Kraft Heinz Co 98 0.04
– International Flavors & Fragrances Inc (Israel – Kraton Corp 7 –
listing) 8 –
3 Kratos Defense & Security Solutions Inc 39 0.02
1 International Flavors & Fragrances Inc (US listing) 126 0.05
9 Kroger Co 253 0.10
2 International Game Technology PLC 37 0.02
– Kulicke & Soffa Industries Inc 11 –
1 International Paper Co 47 0.02
2 L Brands Inc 82 0.03
7 Interpublic Group of Cos Inc 160 0.07
1 L3 Technologies Inc 100 0.04
– INTL. FCStone Inc 12 –
– La-Z-Boy Inc 14 0.01
1 Intra-Cellular Therapies Inc 7 –
1 Laboratory Corp of America Holdings 91 0.04
1 Intuit Inc 307 0.13
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 225
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 60.32% (continued) United States - 60.32% (continued)
1 Lakeland Bancorp Inc 19 0.01 1 Mallinckrodt PLC 19 0.01
– Lakeland Financial Corp 11 – – Mammoth Energy Services Inc 7 –
2 Lam Research Corp 270 0.11 1 Manhattan Associates Inc 45 0.02
1 Lamb Weston Holdings Inc 60 0.02 1 ManpowerGroup Inc 83 0.03
– Lancaster Colony Corp 41 0.02 – ManTech International Corp 12 –
– Lands' End Inc 1 – 4 Marathon Petroleum Corp 287 0.12
– Landstar System Inc 38 0.02 1 Marcus & Millichap Inc 34 0.01
1 Laureate Education Inc 12 – – Markel Corp 150 0.06
2 Lazard Ltd 73 0.03 – MarketAxess Holdings Inc 98 0.04
– LCI Industries 12 – – Marriott Vacations Worldwide Corp 27 0.01
1 Lear Corp 94 0.04 3 Marsh & McLennan Cos Inc 267 0.11
1 LegacyTexas Financial Group Inc 36 0.01 6 Marvell Technology Group Ltd 105 0.04
2 Legg Mason Inc 47 0.02 3 Masco Corp 92 0.04
1 Leggett & Platt Inc 43 0.02 – Masimo Corp 49 0.02
1 Leidos Holdings Inc 87 0.04 – Masonite International Corp 13 0.01
6 LendingClub Corp 20 0.01 1 MasTec Inc 49 0.02
– LendingTree Inc 24 0.01 5 Mastercard Inc 951 0.39
2 Lennar Corp, Class A 106 0.04 – Match Group Inc 12 –
– Lennar Corp, Class B 15 0.01 – Materion Corp 9 –
– Lennox International Inc 89 0.04 5 Mattel Inc 75 0.03
1 LHC Group Inc 62 0.03 1 Matthews International Corp 22 0.01
– Liberty Broadband Corp, Class A 25 0.01 1 MAXIMUS Inc 65 0.03
1 Liberty Broadband Corp, Class C 99 0.04 1 MB Financial Inc 66 0.03
1 Liberty Expedia Holdings Inc 38 0.02 1 MBIA Inc 12 –
1 Liberty Latin America Ltd, Class C 16 0.01 1 McCormick & Co Inc (non-voting rights) 132 0.05
– Liberty Media Corp-Liberty Braves, Class A 1 – – McCormick & Co Inc (voting rights) 15 0.01
– Liberty Media Corp-Liberty Braves, Class C 2 – 3 McDermott International Inc 24 0.01
– Liberty Media Corp-Liberty Formula One, Class A 4 – 2 McDonald's Corp 398 0.16
– Liberty Media Corp-Liberty Formula One, Class C 7 – 1 McGrath RentCorp 28 0.01
1 Liberty Media Corp-Liberty SiriusXM, Class A 21 0.01 3 McKesson Corp 329 0.14
1 Liberty Media Corp-Liberty SiriusXM, Class C 38 0.02 1 MDC Holdings Inc 23 0.01
– Liberty TripAdvisor Holdings Inc 2 – – Medidata Solutions Inc 38 0.02
– Ligand Pharmaceuticals Inc 28 0.01 – Medifast Inc 16 0.01
1 Lincoln Electric Holdings Inc 68 0.03 1 MEDNAX Inc 54 0.02
2 Lincoln National Corp 142 0.06 – Medpace Holdings Inc 14 0.01
– Lindsay Corp 11 – 5 Medtronic PLC 482 0.20
2 Lions Gate Entertainment Corp, Class A 30 0.01 1 Mercer International Inc 7 –
2 Lions Gate Entertainment Corp, Class B 32 0.01 5 Merck & Co Inc 388 0.16
– Lithia Motors Inc 27 0.01 1 Mercury General Corp 58 0.02
– Littelfuse Inc 42 0.02 – Mercury Systems Inc 22 0.01
1 LivaNova PLC 59 0.02 1 Meredith Corp 37 0.02
1 Live Nation Entertainment Inc 74 0.03 1 Meridian Bancorp Inc 11 –
1 LiveRamp Holdings Inc 68 0.03 – Merit Medical Systems Inc 29 0.01
3 LKQ Corp 82 0.03 – Meritage Homes Corp 10 –
1 LogMeIn Inc 60 0.02 1 Meritor Inc 13 0.01
2 Louisiana-Pacific Corp 46 0.02 – Methode Electronics Inc 10 –
3 Lowe's Cos Inc 279 0.12 7 MetLife Inc 326 0.13
– Loxo Oncology Inc 53 0.02 – Mettler-Toledo International Inc 87 0.04
1 LPL Financial Holdings Inc 77 0.03 6 MGIC Investment Corp 71 0.03
– LSC Communications Inc 1 – – MGP Ingredients Inc 10 –
1 Lululemon Athletica Inc 194 0.08 2 Michael Kors Holdings Ltd 69 0.03
1 Lumentum Holdings Inc 24 0.01 2 Michaels Cos Inc 39 0.02
– Luminex Corp 12 – 21 Microsoft Corp 2,312 0.96
1 LyondellBasell Industries NV 80 0.03 – MicroStrategy Inc 12 –
1 M&T Bank Corp 143 0.06 1 Middleby Corp 111 0.05
1 Macquarie Infrastructure Corp 37 0.02 1 Milacron Holdings Corp 9 –
4 Macy's Inc 143 0.06 – Mimecast Ltd 18 0.01
– Madison Square Garden Co 69 0.03 – MINDBODY Inc 10 –
– Madrigal Pharmaceuticals Inc 15 0.01 1 Minerals Technologies Inc 34 0.01
– Magellan Health Inc 9 – – Mirati Therapeutics Inc 15 0.01
1 Maiden Holdings Ltd 2 – – MKS Instruments Inc 37 0.02
– Malibu Boats Inc 10 – – Mobile Mini Inc 13 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 226
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 60.32% (continued) United States - 60.32% (continued)
1 Moelis & Co 28 0.01 1 NMI Holdings Inc 26 0.01
1 Molina Healthcare Inc 108 0.04 3 Noble Corp PLC 14 0.01
2 Molson Coors Brewing Co 113 0.05 1 Nordson Corp 82 0.03
– Monolithic Power Systems Inc 48 0.02 2 Nordstrom Inc 90 0.04
– Monro Inc 24 0.01 1 Northern Trust Corp 139 0.06
3 Monster Beverage Corp 162 0.07 1 Northrop Grumman Corp 249 0.10
2 Moody's Corp 244 0.10 1 Northwest Bancshares Inc 13 0.01
– Moog Inc 27 0.01 – Northwest Natural Holding Co 31 0.01
7 Morgan Stanley 306 0.13 – Novanta Inc 23 0.01
– Morningstar Inc 59 0.02 2 NOW Inc 31 0.01
2 Mosaic Co 73 0.03 1 Nu Skin Enterprises Inc 70 0.03
1 Motorola Solutions Inc 149 0.06 4 Nuance Communications Inc 70 0.03
1 Mr Cooper Group Inc 10 – 1 Nutanix Inc 35 0.01
2 MRC Global Inc 33 0.01 – NuVasive Inc 28 0.01
– MSA Safety Inc 37 0.02 – Nuvectra Corp 2 –
1 MSC Industrial Direct Co Inc 59 0.02 3 nVent Electric PLC 72 0.03
1 MSCI Inc 89 0.04 3 NVIDIA Corp 477 0.20
1 MSG Networks Inc 25 0.01 – NVR Inc 120 0.05
1 Mueller Industries Inc 12 – 1 O'Reilly Automotive Inc 191 0.08
2 Mueller Water Products Inc 16 0.01 2 Oceaneering International Inc 36 0.01
1 Murphy USA Inc 50 0.02 1 OceanFirst Financial Corp 21 0.01
2 Mylan NV 73 0.03 4 Office Depot Inc 13 0.01
1 Myriad Genetics Inc 20 0.01 1 Oil States International Inc 33 0.01
5 Nabors Industries Ltd 15 0.01 1 Okta Inc 46 0.02
1 Nasdaq Inc 103 0.04 1 Old Dominion Freight Line Inc 90 0.04
– National Bank Holdings Corp 15 0.01 2 Old National Bancorp 40 0.02
– National Beverage Corp 20 0.01 5 Old Republic International Corp 118 0.05
2 National CineMedia Inc 14 0.01 1 Ollie's Bargain Outlet Holdings Inc 46 0.02
2 National General Holdings Corp 59 0.02 – Omnicell Inc 27 0.01
– National HealthCare Corp 13 0.01 3 Omnicom Group Inc 219 0.09
1 National Instruments Corp 52 0.02 1 ONE Gas Inc 83 0.03
4 National Oilwell Varco Inc 131 0.05 3 OneMain Holdings Inc 74 0.03
1 National Vision Holdings Inc 21 0.01 3 ONEOK Inc 207 0.09
– National Western Life Group Inc 29 0.01 5 OPKO Health Inc 20 0.01
– Natus Medical Inc 11 – – Opus Bank 8 –
4 Navient Corp 47 0.02 18 Oracle Corp 901 0.37
– Navigators Group Inc 14 0.01 1 Ormat Technologies Inc 57 0.02
1 Navistar International Corp 47 0.02 1 Oshkosh Corp 59 0.02
1 NBT Bancorp Inc 27 0.01 – Oxford Industries Inc 12 –
1 NCR Corp 25 0.01 4 PACCAR Inc 253 0.10
– Neenah Inc 11 – 1 Pacific Premier Bancorp Inc 28 0.01
– Nektar Therapeutics 8 – 1 Packaging Corp of America 94 0.04
– Nelnet Inc 12 – 2 PacWest Bancorp 69 0.03
– Neogen Corp 28 0.01 – Palo Alto Networks Inc 46 0.02
1 NeoGenomics Inc 11 – – Papa John's International Inc 10 –
2 NetApp Inc 162 0.07 – Park National Corp 33 0.01
1 Netflix Inc 379 0.16 1 Parker-Hannifin Corp 176 0.07
– NETGEAR Inc 16 0.01 – Patrick Industries Inc 9 –
1 NetScout Systems Inc 32 0.01 2 Pattern Energy Group Inc 37 0.02
2 New Jersey Resources Corp 81 0.03 1 Patterson Cos Inc 14 0.01
– New Relic Inc 42 0.02 3 Patterson-UTI Energy Inc 46 0.02
11 New York Community Bancorp Inc 112 0.05 2 Paychex Inc 154 0.06
2 New York Times Co 62 0.03 – Paycom Software Inc 61 0.03
– NewMarket Corp 52 0.02 – Paylocity Holding Corp 29 0.01
2 Newmont Mining Corp 69 0.03 5 PayPal Holdings Inc 388 0.16
4 News Corp, Class A 51 0.02 2 PBF Energy Inc 73 0.03
2 News Corp, Class B 32 0.01 1 Pegasystems Inc 36 0.01
1 Nexeo Solutions Inc 8 – 1 Penn National Gaming Inc 22 0.01
1 Nexstar Media Group Inc 77 0.03 1 Penske Automotive Group Inc 53 0.02
1 NextGen Healthcare Inc 10 – 2 Pentair PLC 82 0.03
7 Nielsen Holdings PLC 178 0.07 – Penumbra Inc 40 0.02
9 NIKE Inc 655 0.27 5 People's United Financial Inc 91 0.04
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 227
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 60.32% (continued) United States - 60.32% (continued)
3 PepsiCo Inc 374 0.15 – RE/MAX Holdings Inc 7 –
2 Performance Food Group Co 52 0.02 2 Realogy Holdings Corp 44 0.02
1 PerkinElmer Inc 108 0.04 1 RealPage Inc 41 0.02
2 Perspecta Inc 41 0.02 1 Red Hat Inc 155 0.06
15 Pfizer Inc 679 0.28 1 Red Rock Resorts Inc 15 0.01
4 PG&E Corp 115 0.05 1 Regal Beloit Corp 51 0.02
2 Phillips 66 188 0.08 – Regeneron Pharmaceuticals Inc 173 0.07
1 Pinnacle Financial Partners Inc 62 0.03 – REGENXBIO Inc 17 0.01
– Piper Jaffray Cos 14 0.01 7 Regions Financial Corp 112 0.05
1 Pitney Bowes Inc 6 – 1 Reinsurance Group of America Inc 115 0.05
1 Planet Fitness Inc 43 0.02 2 Reliance Steel & Aluminum Co 124 0.05
– Plantronics Inc 17 0.01 1 RenaissanceRe Holdings Ltd 116 0.05
4 Platform Specialty Products Corp 49 0.02 1 Renasant Corp 35 0.01
1 Playa Hotels & Resorts NV 9 – – Repligen Corp 25 0.01
– Plexus Corp 14 0.01 – Resideo Technologies Inc 10 –
1 PNC Financial Services Group Inc 86 0.04 1 ResMed Inc 94 0.04
1 Polaris Industries Inc 95 0.04 1 Resolute Forest Products Inc 10 –
1 PolyOne Corp 33 0.01 – Retrophin Inc 9 –
– Pool Corp 72 0.03 2 Rexnord Corp 50 0.02
2 Popular Inc 92 0.04 – RH 23 0.01
1 Post Holdings Inc 55 0.02 1 RingCentral Inc 46 0.02
– Power Integrations Inc 17 0.01 1 Rite Aid Corp 2 –
2 PPG Industries Inc 205 0.08 – RLI Corp 29 0.01
1 PQ Group Holdings Inc 11 – – RMR Group Inc 22 0.01
– PRA Group Inc 13 0.01 2 Robert Half International Inc 135 0.06
1 PRA Health Sciences Inc 85 0.04 1 Rockwell Automation Inc 169 0.07
– Premier Inc 18 0.01 – Rogers Corp 20 0.01
– Prestige Consumer Healthcare Inc 15 0.01 – Roku Inc 17 0.01
– PriceSmart Inc 18 0.01 1 Rollins Inc 88 0.04
1 Primerica Inc 105 0.04 1 Roper Technologies Inc 231 0.10
– Primoris Services Corp 12 – 3 Ross Stores Inc 221 0.09
3 Principal Financial Group Inc 126 0.05 2 Rowan Cos PLC 22 0.01
1 ProAssurance Corp 35 0.01 1 Royal Gold Inc 41 0.02
13 Procter & Gamble Co 1,219 0.50 2 RPC Inc 27 0.01
– Progress Software Corp 13 0.01 2 RPM International Inc 151 0.06
2 Progressive Corp 134 0.06 – Ryder System Inc 25 0.01
– Proofpoint Inc 41 0.02 1 S&P Global Inc 227 0.09
1 ProPetro Holding Corp 22 0.01 1 S&T Bancorp Inc 26 0.01
1 Prosperity Bancshares Inc 64 0.03 4 Sabre Corp 113 0.05
– Proto Labs Inc 29 0.01 – Safety Insurance Group Inc 18 0.01
1 Provident Financial Services Inc 13 0.01 – Sage Therapeutics Inc 39 0.02
4 Prudential Financial Inc 375 0.16 – Saia Inc 14 0.01
1 PTC Inc 45 0.02 1 salesforce.com Inc 212 0.09
5 PulteGroup Inc 135 0.06 2 Sally Beauty Holdings Inc 34 0.01
1 Pure Storage Inc, Class A 27 0.01 1 Sandy Spring Bancorp Inc 22 0.01
1 PVH Corp 95 0.04 – Sanmina Corp 13 0.01
– Quaker Chemical Corp 22 0.01 5 Santander Consumer USA Holdings Inc 91 0.04
8 QUALCOMM Inc 482 0.20 – Sarepta Therapeutics Inc 59 0.02
– Qualys Inc 27 0.01 8 Schlumberger Ltd 369 0.15
2 Quanta Services Inc 67 0.03 1 Schneider National Inc 19 0.01
1 Quest Diagnostics Inc 59 0.02 – Scholastic Corp 11 –
– Quidel Corp 20 0.01 – Science Applications International Corp 25 0.01
1 Quotient Technology Inc 11 – 1 Scientific Games Corp 16 0.01
5 Qurate Retail Inc 115 0.05 1 Scotts Miracle-Gro Co 57 0.02
3 Radian Group Inc 58 0.02 1 Seacoast Banking Corp of Florida 32 0.01
1 Ralph Lauren Corp 66 0.03 3 Sealed Air Corp 102 0.04
1 Rambus Inc 9 – 1 Seattle Genetics Inc 37 0.02
– Raven Industries Inc 13 0.01 – SeaWorld Entertainment Inc 13 0.01
2 Raymond James Financial Inc 133 0.06 2 SEI Investments Co 94 0.04
– Rayonier Advanced Materials Inc 7 – 1 Select Medical Holdings Corp 23 0.01
2 Raytheon Co 287 0.12 1 Selective Insurance Group Inc 62 0.03
– RBC Bearings Inc 31 0.01 1 SemGroup Corp 24 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 228
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 60.32% (continued) United States - 60.32% (continued)
1 Semtech Corp 29 0.01 2 Stryker Corp 308 0.13
2 Sensata Technologies Holding PLC 99 0.04 – Sun Hydraulics Corp 9 –
– Sensient Technologies Corp 23 0.01 2 Sunrun Inc 26 0.01
1 Service Corp International 64 0.03 3 SunTrust Banks Inc 177 0.07
1 ServiceMaster Global Holdings Inc 59 0.02 2 Superior Energy Services Inc 11 –
1 ServiceNow Inc 96 0.04 – Supernus Pharmaceuticals Inc 21 0.01
– ServisFirst Bancshares Inc 19 0.01 – SVB Financial Group 104 0.04
1 Shenandoah Telecommunications Co 42 0.02 2 Symantec Corp 40 0.02
1 Sherwin-Williams Co 329 0.14 – Synaptics Inc 13 0.01
1 Ship Finance International Ltd 15 0.01 6 Synchrony Financial 166 0.07
– Shutterfly Inc 14 0.01 2 Syneos Health Inc 82 0.03
– Shutterstock Inc 12 – – SYNNEX Corp 39 0.02
1 Signature Bank 122 0.05 2 Synopsys Inc 164 0.07
1 Signet Jewelers Ltd 54 0.02 2 Synovus Financial Corp 69 0.03
1 Silgan Holdings Inc 34 0.01 4 Sysco Corp 250 0.10
– Silicon Laboratories Inc 33 0.01 – Systemax Inc 9 –
2 Simmons First National Corp 47 0.02 2 T Rowe Price Group Inc 213 0.09
2 Sinclair Broadcast Group Inc 62 0.03 – Tableau Software Inc 43 0.02
13 Sirius XM Holdings Inc 84 0.03 – Tailored Brands Inc 10 –
1 SiteOne Landscape Supply Inc 39 0.02 1 Take-Two Interactive Software Inc 71 0.03
1 Six Flags Entertainment Corp 46 0.02 5 Tapestry Inc 185 0.08
2 Skechers U.S.A. Inc 43 0.02 2 Targa Resources Corp 104 0.04
– Sleep Number Corp 12 – 4 Target Corp 256 0.11
7 SLM Corp 72 0.03 – Taro Pharmaceutical Industries Ltd 37 0.02
2 Snap Inc 10 – 2 Taylor Morrison Home Corp 32 0.01
1 Snap-on Inc 115 0.05 2 TCF Financial Corp 51 0.02
– SolarEdge Technologies Inc 15 0.01 2 TD Ameritrade Holding Corp 91 0.04
– Sonic Corp 12 – 1 TE Connectivity Ltd 42 0.02
1 Sonoco Products Co 61 0.03 – Tech Data Corp 35 0.01
– Sotheby's 18 0.01 6 TechnipFMC PLC 148 0.06
1 South Jersey Industries Inc 45 0.02 1 TechTarget Inc 16 0.01
1 South State Corp 39 0.02 – Teekay Corp 1 –
– Southside Bancshares Inc 11 – 3 TEGNA Inc 44 0.02
1 Southwest Gas Holdings Inc 55 0.02 – Teladoc Health Inc 30 0.01
1 SP Plus Corp 21 0.01 – Teledyne Technologies Inc 111 0.05
1 Spectrum Brands Holdings Inc 37 0.02 – Teleflex Inc 77 0.03
1 Spire Inc 69 0.03 2 Telephone & Data Systems Inc 56 0.02
1 Spirit AeroSystems Holdings Inc 86 0.04 1 Tempur Sealy International Inc 26 0.01
– Splunk Inc 56 0.02 1 Tenet Healthcare Corp 23 0.01
13 Sprint Corp 80 0.03 – Tennant Co 9 –
1 Sprouts Farmers Market Inc 29 0.01 – Tenneco Inc 12 –
– SPS Commerce Inc 13 0.01 2 Teradata Corp 61 0.03
– SPX Corp 14 0.01 3 Teradyne Inc 91 0.04
1 SPX FLOW Inc 19 0.01 1 Terex Corp 40 0.02
1 Square Inc 55 0.02 2 TerraForm Power Inc 22 0.01
2 SS&C Technologies Holdings Inc 107 0.04 – Tesla Inc 86 0.04
1 St Joe Co 10 – 1 Tetra Tech Inc 55 0.02
– Stamps.com Inc 26 0.01 1 Texas Capital Bancshares Inc 38 0.02
– Standard Motor Products Inc 12 – 1 Texas Roadhouse Inc 40 0.02
– Standex International Corp 9 – 1 TFS Financial Corp 20 0.01
1 Stanley Black & Decker Inc 143 0.06 2 Thermo Fisher Scientific Inc 386 0.16
3 Starbucks Corp 195 0.08 2 Third Point Reinsurance Ltd 26 0.01
1 State Auto Financial Corp 27 0.01 1 Thor Industries Inc 44 0.02
– State Bank Financial Corp 9 – 2 Tiffany & Co 190 0.08
2 State Street Corp 144 0.06 1 Timken Co 41 0.02
1 Steelcase Inc 13 0.01 – Tivity Health Inc 16 0.01
– Stepan Co 32 0.01 1 TiVo Corp 11 –
4 Sterling Bancorp 77 0.03 5 TJX Cos Inc 251 0.10
1 Steven Madden Ltd 24 0.01 3 Toll Brothers Inc 103 0.04
1 Stifel Financial Corp 49 0.02 – Tompkins Financial Corp 11 –
– Stratasys Ltd 2 – – TopBuild Corp 21 0.01
– Strategic Education Inc 23 0.01 1 Torchmark Corp 120 0.05
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 229
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 60.32% (continued) United States - 60.32% (continued)
2 Toro Co 99 0.04 1 US Silica Holdings Inc 9 –
1 Total System Services Inc 115 0.05 1 USANA Health Sciences Inc 75 0.03
1 Towne Bank 29 0.01 – Vail Resorts Inc 60 0.02
1 Tractor Supply Co 104 0.04 3 Valero Energy Corp 264 0.11
– Trade Desk Inc 40 0.02 5 Valley National Bancorp 57 0.02
– TransDigm Group Inc 164 0.07 – Valmont Industries Inc 20 0.01
9 Transocean Ltd 80 0.03 3 Valvoline Inc 58 0.02
2 TransUnion 127 0.05 1 Varex Imaging Corp 14 0.01
4 Travelers Cos Inc 543 0.22 1 Varian Medical Systems Inc 124 0.05
2 Travelport Worldwide Ltd 25 0.01 1 Vectren Corp 43 0.02
1 TreeHouse Foods Inc 28 0.01 1 Veeva Systems Inc 67 0.03
1 Trex Co Inc 32 0.01 1 Veoneer Inc 22 0.01
3 TRI Pointe Group Inc 37 0.02 1 Verint Systems Inc 51 0.02
– Tribune Media Co 11 – 1 VeriSign Inc 138 0.06
– TriCo Bancshares 10 – 2 Verisk Analytics Inc 220 0.09
– TriMas Corp 13 0.01 36 Verizon Communications Inc 2,195 0.91
3 Trimble Inc 105 0.04 – Verso Corp 8 –
1 TriNet Group Inc 54 0.02 1 Versum Materials Inc 31 0.01
2 Trinity Industries Inc 56 0.02 1 Vertex Pharmaceuticals Inc 135 0.06
1 Trinseo SA 32 0.01 2 VF Corp 152 0.06
1 TripAdvisor Inc 77 0.03 – Viacom Inc, Class A 10 –
2 Triton International Ltd 68 0.03 8 Viacom Inc, Class B 234 0.10
– Triumph Bancorp Inc 11 – 1 ViaSat Inc 50 0.02
– Triumph Group Inc 5 – 2 Viavi Solutions Inc 20 0.01
1 TrueBlue Inc 13 0.01 1 Virtu Financial Inc 17 0.01
1 TrueCar Inc 8 – – Virtus Investment Partners Inc 21 0.01
1 Trustmark Corp 29 0.01 – Virtusa Corp 13 0.01
1 TTM Technologies Inc 8 – 8 Visa Inc 1,098 0.45
8 Twenty-First Century Fox Inc, Class A 386 0.16 1 Vishay Intertechnology Inc 25 0.01
4 Twenty-First Century Fox Inc, Class B 201 0.08 – Visteon Corp 29 0.01
1 Twilio Inc 57 0.02 – VMware Inc 58 0.02
3 Twitter Inc 102 0.04 4 Vonage Holdings Corp 43 0.02
– Tyler Technologies Inc 44 0.02 3 Voya Financial Inc 134 0.06
– Ubiquiti Networks Inc 51 0.02 – Vulcan Materials Co 38 0.02
2 UGI Corp 98 0.04 1 WABCO Holdings Inc 72 0.03
– Ulta Salon Cosmetics & Fragrance Inc 143 0.06 1 Wabtec Corp 102 0.04
– Ultimate Software Group Inc 44 0.02 2 Waddell & Reed Financial Inc 39 0.02
1 UMB Financial Corp 50 0.02 1 WageWorks Inc 18 0.01
3 Umpqua Holdings Corp 62 0.03 5 Walgreens Boots Alliance Inc 381 0.16
2 Under Armour Inc, Class A 59 0.02 1 Walker & Dunlop Inc 34 0.01
3 Under Armour Inc, Class C 59 0.02 9 Walmart Inc 922 0.38
– UniFirst Corp 44 0.02 9 Walt Disney Co 1,079 0.45
1 Union Bankshares Corp 34 0.01 1 Washington Federal Inc 16 0.01
1 Union Pacific Corp 162 0.07 – Washington Trust Bancorp Inc 16 0.01
2 United Bankshares Inc 63 0.03 – Waters Corp 97 0.04
1 United Community Banks Inc 31 0.01 – Watsco Inc 74 0.03
1 United Natural Foods Inc 12 – – Watts Water Technologies Inc 18 0.01
2 United Parcel Service Inc 219 0.09 1 Wayfair Inc 90 0.04
1 United Rentals Inc 90 0.04 – WD-40 Co 21 0.01
1 United States Cellular Corp 36 0.01 1 Webster Financial Corp 87 0.04
5 United Technologies Corp 635 0.26 1 Weight Watchers International Inc 27 0.01
1 United Therapeutics Corp 77 0.03 – Weis Markets Inc 21 0.01
8 UnitedHealth Group Inc 2,120 0.88 1 Welbilt Inc 16 0.01
2 Univar Inc 46 0.02 1 WellCare Health Plans Inc 170 0.07
– Universal Display Corp 27 0.01 12 Wells Fargo & Co 660 0.28
1 Universal Forest Products Inc 16 0.01 2 Wendy's Co 36 0.01
– Universal Insurance Holdings Inc 15 0.01 1 Werner Enterprises Inc 41 0.02
2 Unum Group 88 0.04 1 WesBanco Inc 34 0.01
1 Urban Outfitters Inc 48 0.02 2 Wesco Aircraft Holdings Inc 18 0.01
3 US Bancorp 177 0.07 1 WESCO International Inc 46 0.02
4 US Foods Holding Corp 143 0.06 – West Pharmaceutical Services Inc 50 0.02
– US Physical Therapy Inc 13 0.01 – Westamerica Bancorporation 15 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 230
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Real Estate Investment Trust
United States - 60.32% (continued) Australia - 0.10%
1 Western Alliance Bancorp 59 0.02 7 BWP Trust 18 0.01
4 Western Union Co 84 0.04 11 Goodman Group 84 0.03
– Westlake Chemical Corp 27 0.01 4 Investa Office Fund 15 0.01
1 WestRock Co 37 0.02 36 Mirvac Group 58 0.02
1 WEX Inc 81 0.04 1 Scentre Group 3 –
– Whirlpool Corp 46 0.03 14 Shopping Centres Australasia Property Group 27 0.01
– White Mountains Insurance Group Ltd 28 0.01 14 Stockland 37 0.02
1 Williams-Sonoma Inc 57 0.03 242 0.10
1 Willis Towers Watson PLC 210 0.10 Belgium - 0.05%
– Wingstop Inc 19 0.01 – Aedifica SA 11 0.01
– Winnebago Industries Inc 7 – – Befimmo SA 21 0.01
1 Wintrust Financial Corp 56 0.03 1 Cofinimmo SA 48 0.02
2 WisdomTree Investments Inc 11 0.01 – Warehouses De Pauw CVA 33 0.01
1 Wolverine World Wide Inc 30 0.02
113 0.05
1 Woodward Inc 68 0.04
Canada - 0.08%
– Workday Inc 70 0.04
– Allied Properties Real Estate Investment Trust 14 0.01
– World Acceptance Corp 21 0.01
1 Canadian Apartment Properties REIT 32 0.01
1 World Fuel Services Corp 21 0.01
1 Choice Properties Real Estate Investment Trust 12 0.01
– World Wrestling Entertainment Inc 28 0.01
2 Cominar Real Estate Investment Trust 20 0.01
2 Worldpay Inc 156 0.07
1 Granite Real Estate Investment Trust 25 0.01
1 Worthington Industries Inc 22 0.01
1 H&R Real Estate Investment Trust 11 –
2 WR Berkley Corp 122 0.06
1 Killam Apartment Real Estate Investment Trust 11 –
1 WR Grace & Co 45 0.03
2 RioCan Real Estate Investment Trust 35 0.02
1 Wright Medical Group NV 26 0.01
1 SmartCentres Real Estate Investment Trust 24 0.01
– WSFS Financial Corp 12 0.01
184 0.08
1 WW Grainger Inc 212 0.10
1 Wyndham Destinations Inc 44 0.03 France - 0.09%
1 Wyndham Hotels & Resorts Inc 65 0.04 – Carmila SA 9 –
1 Wynn Resorts Ltd 75 0.04 1 Covivio 51 0.02
– Xencor Inc 20 0.01 – Gecina SA 47 0.02
4 Xerox Corp 102 0.05 1 ICADE 52 0.02
1 Xilinx Inc 121 0.06 2 Klepierre SA 63 0.03
1 XPO Logistics Inc 90 0.05 222 0.09
1 Xylem Inc 100 0.05 Germany - 0.02%
1 Yelp Inc 27 0.01 3 alstria office REIT-AG 39 0.01
3 Zayo Group Holdings Inc 76 0.04 2 Hamborner REIT AG 22 0.01
– Zebra Technologies Corp 44 0.04 61 0.02
1 Zendesk Inc 53 0.03 Hong Kong - 0.06%
– Zillow Group Inc, Class A 14 0.01 9 Fortune Real Estate Investment Trust 10 0.01
1 Zillow Group Inc, Class C 49 0.03 14 Link REIT 129 0.05
1 Zimmer Biomet Holdings Inc 176 0.08
139 0.06
2 Zions Bancorp NA 118 0.06
Ireland - 0.01%
14 Zynga Inc 52 0.04
14 Hibernia REIT PLC 21 0.01
145,766 60.32
21 0.01
Total Common Stock - 95.04% (30 November 2017: 78.90%) 229,727 95.04
Israel - 0.00%
1 Alony Hetz Properties & Investments Ltd 10 –
Preferred Stock
Germany - 0.13% 10 –
– Bayerische Motoren Werke AG 35 0.01 Japan - 0.28%
1 Fuchs Petrolub SE 45 0.02 – Activia Properties Inc 21 0.01
1 Henkel AG & Co KGaA 89 0.04 – Advance Residence Investment Corp 33 0.01
1 Jungheinrich AG 36 0.01 – AEON REIT Investment Corp 12 0.01
1 Porsche Automobil Holding SE 64 0.03 – Comforia Residential REIT Inc 13 0.01
– Sartorius AG 28 0.01 – Daiwa House REIT Investment Corp 30 0.01
– Sixt SE 28 0.01 – Daiwa Office Investment Corp 12 0.01
325 0.13 – Frontier Real Estate Investment Corp 12 –
– Fukuoka REIT Corp 10 –
United Kingdom - 0.00%
– GLP J-Reit 23 0.01
523 Rolls Royce Holdings PLC 1 –
– Heiwa Real Estate REIT Inc 14 0.01
1 –
– Hoshino Resorts REIT Inc 14 0.01
Total Preferred Stock - 0.13% (30 November 2017: 0.13%) 326 0.13
– Hulic Reit Inc 10 –
– Industrial & Infrastructure Fund Investment Corp 11 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 231
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Real Estate Investment Trust (continued) Real Estate Investment Trust (continued)
Japan - 0.28% (continued) United Kingdom - 0.22% (continued)
1 Invincible Investment Corp 23 0.01 6 Land Securities Group PLC 61 0.03
– Japan Excellent Inc 12 0.01 6 LondonMetric Property PLC 12 0.01
– Japan Hotel REIT Investment Corp 33 0.01 2 Safestore Holdings PLC 12 –
– Japan Logistics Fund Inc 12 0.01 9 Segro PLC 72 0.03
– Japan Prime Realty Investment Corp 35 0.01 4 Shaftesbury PLC 49 0.02
– Japan Real Estate Investment Corp 28 0.01 18 Tritax Big Box REIT PLC 31 0.01
– Japan Rental Housing Investments Inc 11 – 2 UNITE Group PLC 22 0.01
– Kenedix Office Investment Corp 13 0.01 1 Workspace Group PLC 11 –
– Kenedix Residential Next Investment Corp 15 0.01 521 0.22
– Kenedix Retail REIT Corp 11 – United States - 3.25%
– LaSalle Logiport REIT 11 – 2 Acadia Realty Trust 44 0.02
– MCUBS MidCity Investment Corp 11 – – Agree Realty Corp 23 0.01
– Mori Hills REIT Investment Corp 11 – – Alexander & Baldwin Inc 10 –
– Mori Trust Sogo Reit Inc 12 – – Alexander's Inc 32 0.01
– Nippon Accommodations Fund Inc 15 0.01 1 Alexandria Real Estate Equities Inc 89 0.04
– Nippon Building Fund Inc 56 0.02 1 American Assets Trust Inc 28 0.01
– Nippon Prologis REIT Inc 43 0.02 3 American Campus Communities Inc 115 0.05
– Nippon REIT Investment Corp 10 – 4 American Homes 4 Rent 78 0.03
– Nomura Real Estate Master Fund Inc 36 0.02 1 American Tower Corp 182 0.08
– Orix JREIT Inc 33 0.01 3 Apartment Investment & Management Co 121 0.05
– Premier Investment Corp 12 0.01 3 Apple Hospitality REIT Inc 42 0.02
– Sekisui House Reit Inc 15 0.01 1 AvalonBay Communities Inc 227 0.09
– Tokyu REIT Inc 12 0.01 1 Boston Properties Inc 125 0.05
685 0.28 3 Brandywine Realty Trust 41 0.02
Netherlands - 0.08% 3 Brixmor Property Group Inc 52 0.02
1 Eurocommercial Properties NV 21 0.01 1 Camden Property Trust 84 0.03
1 Unibail-Rodamco-Westfield 171 0.07 1 CareTrust REIT Inc 28 0.01
– Vastned Retail NV 4 – 1 Chesapeake Lodging Trust 22 0.01
– Wereldhave NV 9 – 1 Columbia Property Trust Inc 26 0.01
205 0.08 1 CorePoint Lodging Inc 8 –
New Zealand - 0.02% 1 CoreSite Realty Corp 49 0.02
11 Goodman Property Trust 12 0.01 1 Corporate Office Properties Trust 30 0.01
29 Kiwi Property Group Ltd 28 0.01 5 Cousins Properties Inc 40 0.02
3 Crown Castle International Corp 356 0.15
40 0.02
3 CubeSmart 80 0.03
Singapore - 0.11%
2 CyrusOne Inc 96 0.04
11 Ascendas Real Estate Investment Trust 21 0.01
4 DiamondRock Hospitality Co 38 0.02
29 Ascott Residence Trust 23 0.01
2 Douglas Emmett Inc 72 0.03
17 CapitaLand Commercial Trust 22 0.01
4 Duke Realty Corp 104 0.04
11 CapitaLand Mall Trust 18 0.01
1 Easterly Government Properties Inc 11 –
15 CDL Hospitality Trusts 17 0.01
1 EastGroup Properties Inc 51 0.02
14 Frasers Centrepoint Trust 22 0.01
1 Empire State Realty Trust Inc 17 0.01
28 Frasers Logistics & Industrial Trust 21 0.01
1 EPR Properties 60 0.03
12 Keppel REIT 10 –
1 Equity Commonwealth 46 0.02
18 Mapletree Commercial Trust 22 0.01
1 Equity LifeStyle Properties Inc 89 0.04
21 Mapletree Industrial Trust 28 0.01
2 Equity Residential 148 0.06
25 Mapletree Logistics Trust 23 0.01
– Essex Property Trust Inc 116 0.05
14 Mapletree North Asia Commercial Trust 12 –
1 Extra Space Storage Inc 137 0.06
17 Suntec Real Estate Investment Trust 22 0.01
1 Federal Realty Investment Trust 91 0.04
261 0.11
2 First Industrial Realty Trust Inc 51 0.02
Spain - 0.04% 2 Forest City Realty Trust Inc, Class A 49 0.02
3 Inmobiliaria Colonial Socimi SA 24 0.01 1 Four Corners Property Trust Inc 16 0.01
5 Merlin Properties Socimi SA 68 0.03 2 Gaming and Leisure Properties Inc 84 0.03
92 0.04 – Getty Realty Corp 13 0.01
United Kingdom - 0.22% 1 Global Net Lease Inc 12 0.01
20 Assura PLC 13 0.01 2 Government Properties Income Trust 15 0.01
2 Big Yellow Group PLC 25 0.01 1 Healthcare Realty Trust Inc 36 0.02
10 British Land Co PLC 74 0.03 2 Healthcare Trust of America Inc 65 0.03
1 Derwent London PLC 54 0.02 1 Highwoods Properties Inc 55 0.02
2 Great Portland Estates PLC 19 0.01 1 Hospitality Properties Trust 39 0.02
10 Hammerson PLC 47 0.02 5 Host Hotels & Resorts Inc 101 0.04
13 Intu Properties PLC 19 0.01 1 Hudson Pacific Properties Inc 42 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 232
Global Sustainability Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Real Estate Investment Trust (continued) Real Estate Investment Trust (continued)
United States - 3.25% (continued) United States - 3.25% (continued)
4 Invitation Homes Inc 80 0.03 – Saul Centers Inc 11 –
3 Iron Mountain Inc 97 0.04 1 SBA Communications Corp 148 0.06
1 JBG SMITH Properties 50 0.02 1 Select Income REIT 24 0.01
1 Kilroy Realty Corp 48 0.02 2 Senior Housing Properties Trust 34 0.01
8 Kimco Realty Corp 133 0.06 1 Simon Property Group Inc 281 0.12
1 Kite Realty Group Trust 12 0.01 3 Site Centers Corp 37 0.02
2 Lamar Advertising Co 125 0.05 1 SL Green Realty Corp 110 0.05
2 Lexington Realty Trust 21 0.01 – Spirit MTA REIT 2 –
1 Liberty Property Trust 59 0.02 6 Spirit Realty Capital Inc 43 0.02
– Life Storage Inc 47 0.02 1 STAG Industrial Inc 24 0.01
– LTC Properties Inc 17 0.01 2 STORE Capital Corp 64 0.03
1 Macerich Co 64 0.03 1 Summit Hotel Properties Inc 11 –
1 Mack-Cali Realty Corp 18 0.01 1 Sun Communities Inc 83 0.03
4 Medical Properties Trust Inc 71 0.03 2 Sunstone Hotel Investors Inc 30 0.01
1 MGM Growth Properties LLC 34 0.01 1 Tanger Factory Outlet Centers Inc 20 0.01
1 Mid-America Apartment Communities Inc 95 0.04 1 Taubman Centers Inc 28 0.01
1 Monmouth Real Estate Investment Corp 11 – 1 Terreno Realty Corp 20 0.01
– National Health Investors Inc 28 0.01 – Tier REIT Inc 11 –
2 National Retail Properties Inc 80 0.03 3 UDR Inc 108 0.04
1 National Storage Affiliates Trust 14 0.01 2 Uniti Group Inc 43 0.02
3 Omega Healthcare Investors Inc 122 0.05 1 Urban Edge Properties 21 0.01
2 Outfront Media Inc 35 0.01 – Ventas Inc 25 0.01
2 Paramount Group Inc 32 0.01 14 VEREIT Inc 104 0.04
2 Park Hotels & Resorts Inc 68 0.03 2 Washington Prime Group Inc 11 –
1 Pebblebrook Hotel Trust 22 0.01 1 Washington Real Estate Investment Trust 22 0.01
2 Physicians Realty Trust 28 0.01 1 Weingarten Realty Investors 32 0.01
1 Piedmont Office Realty Trust Inc 22 0.01 2 Welltower Inc 179 0.07
6 Prologis Inc 437 0.18 2 WP Carey Inc 125 0.05
– PS Business Parks Inc 48 0.02 1 Xenia Hotels & Resorts Inc 21 0.01
1 Public Storage 246 0.10 7,857 3.25
1 QTS Realty Trust Inc 37 0.02 Total Real Estate Investment Trust - 4.41% (30 November
2 Realty Income Corp 122 0.05 2017: 2.82%) 10,653 4.41
1 Regency Centers Corp 94 0.04
1 Retail Opportunity Investments Corp 19 0.01 Rights
2 Retail Properties of America Inc 25 0.01 Sweden – 0.00%
1 Rexford Industrial Realty Inc 24 0.01 1 Saab AB 3 –
1 RLJ Lodging Trust 31 0.01 3 –
– Ryman Hospitality Properties Inc 35 0.01 Total Rights - 0.00% (30 November 2017: 0.00%) 3 –
2 Sabra Health Care REIT Inc 48 0.02 Total Investments - 99.58% (30 November 2017: 99.18%) 240,709 99.58
% of
Net
Value (000's) Asset
USD Value
Cash and Cash Equivalents - 0.55% (30 November 2017: 0.64%) 1,322 0.55
Other Liabilities in Excess of Other Assets - (0.13)% (30 November 2017: 0.18%) (323) (0.13)
Total Net Assets 241,708 100.00
Amounts designated as “- “ are either $0, less than $500 or less than 500 shares.
Analysis of Total Assets (unaudited) % of Total Assets
Transferable securities admitted to an official exchange listing 98.63
Current Assets 1.37
Total Assets 100.00
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 233
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock Common Stock (continued)
Australia - 2.71% Australia - 2.71% (continued)
77 A2B Australia Ltd 124 – 340 G8 Education Ltd 697 0.03
236 Accent Group Ltd 223 0.01 146 Galaxy Resources Ltd 291 0.01
109 Ainsworth Game Technology Ltd 61 – 27 GBST Holdings Ltd 33 –
208 Alkane Resources Ltd 32 – 207 Genworth Mortgage Insurance Australia Ltd 341 0.01
82 Ansell Ltd 1,375 0.05 260 Gold Road Resources Ltd 119 –
45 AP Eagers Ltd 225 0.01 154 GrainCorp Ltd 824 0.03
55 Apollo Tourism & Leisure Ltd 50 – 276 Grange Resources Ltd 38 –
217 Ardent Leisure Group Ltd 237 0.01 76 Greencross Ltd 303 0.01
96 ARQ Group Ltd 154 0.01 59 Greenland Minerals Ltd 3 –
118 Asaleo Care Ltd 57 – 139 GWA Group Ltd 266 0.01
333 Ausdrill Ltd 354 0.01 400 Harvey Norman Holdings Ltd 927 0.03
224 Austal Ltd 304 0.01 1,119 Healthscope Ltd 1,853 0.07
302 Australian Agricultural Co Ltd 266 0.01 73 Hills Ltd 10 –
322 Australian Pharmaceutical Industries Ltd 346 0.01 146 Horizon Oil Ltd 11 –
110 Australian Vintage Ltd 41 – 183 HT&E Ltd 237 0.01
6 Auswide Bank Ltd 23 – 10 Huon Aquaculture Group Ltd 34 –
162 Automotive Holdings Group Ltd 193 0.01 221 Imdex Ltd 190 0.01
38 Baby Bunting Group Ltd 64 – 128 IMF Bentham Ltd 275 0.01
272 Bank of Queensland Ltd 1,982 0.07 1,082 Incitec Pivot Ltd 2,985 0.11
193 Base Resources Ltd 34 – 350 Independence Group NL 976 0.04
1,166 Beach Energy Ltd 1,309 0.05 205 IOOF Holdings Ltd 1,039 0.04
379 Beadell Resources Ltd 12 – 103 iSelect Ltd 52 –
131 Bega Cheese Ltd 568 0.02 71 iSentia Group Ltd 17 –
46 Bell Financial Group Ltd 31 – 96 IVE Group Ltd 147 0.01
335 Bendigo & Adelaide Bank Ltd 2,623 0.10 149 Japara Healthcare Ltd 128 –
152 Bingo Industries Ltd 246 0.01 262 Jupiter Mines Ltd 55 –
781 Boral Ltd 2,927 0.11 3 K&S Corp Ltd 3 –
52 Brickworks Ltd 626 0.02 159 Karoon Gas Australia Ltd 111 –
35 BWX Ltd 84 – 95 Kingsgate Consolidated Ltd 12 –
130 Caltex Australia Ltd 2,622 0.10 295 Link Administration Holdings Ltd 1,511 0.06
499 Capitol Health Ltd 102 – 101 Lucapa Diamond Co Ltd 15 –
200 Capral Ltd 19 – 200 MACA Ltd 131 –
178 Cardno Ltd 141 0.01 460 Macmahon Holdings Ltd 79 –
86 Carnarvon Petroleum Ltd 21 – 117 MaxiTRANS Industries Ltd 46 –
137 Cash Converters International Ltd 26 – 1,082 Mayne Pharma Group Ltd 778 0.03
37 Cedar Woods Properties Ltd 141 0.01 88 McPherson's Ltd 84 –
1,348 Cleanaway Waste Management Ltd 1,679 0.06 83 Medusa Mining Ltd 19 –
103 Collection House Ltd 103 – 278 Mesoblast Ltd 271 0.01
66 Collins Foods Ltd 356 0.01 250 Metals X Ltd 76 –
1,031 Cooper Energy Ltd 310 0.01 555 Metcash Ltd 1,128 0.04
126 CSG Ltd 15 – 27 Michael Hill International Ltd 12 –
286 CSR Ltd 630 0.02 97 Millennium Minerals Ltd 13 –
30 CuDeco Ltd 2 – 88 Mineral Resources Ltd 987 0.04
141 Decmil Group Ltd 73 – 412 MMA Offshore Ltd 53 –
150 Domain Holdings Australia Ltd 266 0.01 105 Monash IVF Group Ltd 73 –
136 Donaco International Ltd 8 – 155 Money3 Corp Ltd 189 0.01
32 Dongfang Modern Agriculture Holding Group Ltd 22 – 128 Mortgage Choice Ltd 116 –
186 Doray Minerals Ltd 42 – 11 Motorcycle Holdings Ltd 16 –
399 Downer EDI Ltd 1,836 0.07 543 Mount Gibson Iron Ltd 203 0.01
235 Eclipx Group Ltd 431 0.02 595 Myer Holdings Ltd 198 0.01
108 Energy Resources of Australia Ltd 24 – 260 MYOB Group Ltd 658 0.02
239 Energy World Corp Ltd 25 – 32 MyState Ltd 102 –
8 EQT Holdings Ltd 125 – 82 Navigator Global Investments Ltd 270 0.01
171 Estia Health Ltd 269 0.01 17 NetComm Wireless Ltd 9 –
57 Event Hospitality and Entertainment Ltd 568 0.02 91 New Hope Corp Ltd 223 0.01
755 Evolution Mining Ltd 1,733 0.06 965 Nine Entertainment Co Holdings Ltd 1,243 0.05
63 Finbar Group Ltd 38 – 212 NRW Holdings Ltd 285 0.01
63 Fleetwood Corp Ltd 98 – 134 Nufarm Ltd 595 0.02
223 FlexiGroup Ltd 245 0.01 47 OneMarket Ltd 27 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 234
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Australia - 2.71% (continued) Australia - 2.71% (continued)
146 oOh!media Ltd 461 0.02 365 Virgin Australia International Holdings – –
188 Orica Ltd 2,417 0.09 49 Virtus Health Ltd 176 0.01
655 Orora Ltd 1,570 0.06 68 Vita Group Ltd 55 –
225 OZ Minerals Ltd 1,428 0.05 402 Vocus Group Ltd 988 0.05
22 Pacific Current Group Ltd 93 – 6 Webster Ltd 7 –
30 Pacific Energy Ltd 13 – 199 Western Areas Ltd 319 0.01
85 Pact Group Holdings Ltd 213 0.01 166 Westgold Resources Ltd 121 –
123 Panoramic Resources Ltd 32 – 486 Whitehaven Coal Ltd 1,525 0.07
166 Paragon Care Ltd 77 – 211 WorleyParsons Ltd 2,048 0.09
184 Peet Ltd 142 0.01 236 WPP AUNZ Ltd 107 –
8 Peninsula Energy Ltd 1 – 74,158 2.71
845 Perseus Mining Ltd 217 0.01 Austria - 0.39%
23 Pioneer Credit Ltd 50 – 8 Agrana Beteiligungs AG 171 0.01
141 PMP Ltd 22 – 18 AT&S Austria Technologie & Systemtechnik AG 356 0.01
62 Premier Investments Ltd 759 0.03 22 EVN AG 354 0.01
354 Primary Health Care Ltd 689 0.03 – Mayr Melnhof Karton AG 30 –
157 Prime Media Group Ltd 26 – 5 Porr Ag 104 –
71 QMS Media Ltd 48 – 91 Raiffeisen Bank International AG 2,689 0.10
885 Qube Holdings Ltd 1,734 0.06 3 Semperit AG Holding 44 –
178 Quintis Ltd 9 – 9 Strabag SE 330 0.01
417 Ramelius Resources Ltd 117 – 1 UBM Development AG 55 –
160 RCR Tomlinson Ltd 102 – 91 UNIQA Insurance Group AG 879 0.03
19 Reject Shop Ltd 41 – 48 Verbund AG 1,964 0.07
683 Resolute Mining Ltd 474 0.02 24 Vienna Insurance Group AG Wiener Versicherung
67 Retail Food Group Ltd 19 – Gruppe 630 0.02
177 Ridley Corp Ltd 180 0.01 44 voestalpine AG 1,457 0.06
25 Ruralco Holdings Ltd 55 – 65 Wienerberger AG 1,449 0.06
37 RXP Services Ltd 13 – 15 Zumtobel Group AG 148 0.01
16 Salmat Ltd 7 – 10,660 0.39
110 Sandfire Resources NL 516 0.02 Belgium - 0.66%
5 Scottish Pacific Group Ltd 15 – 14 Ackermans & van Haaren NV 2,228 0.08
75 Select Harvests Ltd 316 0.01 122 Ageas 5,915 0.22
839 Senex Energy Ltd 237 0.01 106 AGFA-Gevaert NV 458 0.02
42 Servcorp Ltd 91 – 2 Atenor 119 –
54 Seven Group Holdings Ltd 635 0.02 – Banque Nationale de Belgique 139 0.01
677 Seven West Media Ltd 339 0.01 5 Barco NV 538 0.02
26 Shriro Holdings Ltd 11 – 23 Bekaert SA 604 0.02
675 Sigma Healthcare Ltd 243 0.01 15 bpost SA 198 0.01
15 Silver Chef Ltd 17 – 5 Cie d'Entreprises CFE 483 0.02
387 Silver Lake Resources Ltd 135 – 1 Cie Immobiliere de Belgique SA 55 –
121 Sims Metal Management Ltd 952 0.03 18 D'ieteren SANV 741 0.03
449 Southern Cross Media Group Ltd 356 0.01 47 Deceuninck NV 109 –
125 SpeedCast International Ltd 301 0.01 96 Euronav NV 844 0.03
48 SRG Global Ltd 18 – 2 EVS Broadcast Equipment SA 41 –
567 Star Entertainment Grp Ltd 1,823 0.08 24 Exmar NV 187 0.01
446 Steadfast Group Ltd 882 0.04 8 Gimv NV 438 0.02
4,938 Sundance Energy Australia Ltd 185 0.01 1 Jensen-Group NV 48 –
59 Sunland Group Ltd 61 – 59 Nyrstar NV 50 –
88 Super Retail Group Ltd 471 0.02 49 Ontex Group NV 1,038 0.04
17 Superloop Ltd 21 – 20 Orange Belgium SA 366 0.01
168 Syrah Resources Ltd 201 0.01 42 Oxurion NV 181 0.01
148 Tassal Group Ltd 456 0.02 1 Picanol 64 –
124 Thorn Group Ltd 48 – 59 Proximus SADP 1,634 0.06
1,005 Tiger Resources Ltd – – 30 Recticel SA 225 0.01
215 TPG Telecom Ltd 1,133 0.05 1 Resilux 101 –
106 Troy Resources Ltd 9 – 2 Roularta Media Group NV 34 –
98 Villa World Ltd 139 0.01 3 Sioen Industries NV 93 –
70 Village Roadshow Ltd 126 – 4 Sipef NV 210 0.01
995 Virgin Australia Holdings Ltd 138 0.01 – TER Beke SA 50 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 235
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Belgium - 0.66% (continued) Canada - 3.11% (continued)
21 Tessenderlo Group SA 744 0.03 78 Continental Gold Inc 124 –
28 Viohalco SA 80 – 108 Copper Mountain Mining Corp 70 –
18,015 0.66 20 Corridor Resources Inc 12 –
Canada - 3.11% 80 Corus Entertainment Inc 297 0.01
26 5N Plus Inc 57 – 91 Cott Corp 1,355 0.05
6 Acadian Timber Corp 71 – 400 Crescent Point Energy Corp 1,185 0.04
155 Advantage Oil & Gas Ltd 278 0.01 120 Crew Energy Inc 104 –
45 Aecon Group Inc 633 0.02 105 Delphi Energy Corp 46 –
165 Africa Oil Corp 144 0.01 119 Detour Gold Corp 886 0.03
56 AGF Management Ltd 209 0.01 88 DHX Media Ltd 232 0.01
9 AGT Food & Ingredients Inc 104 – 23 Dorel Industries Inc 315 0.01
44 Air Canada 965 0.04 16 DREAM Unlimited Corp 84 –
1 AKITA Drilling Ltd 4 – 109 Dundee Precious Metals Inc 280 0.01
240 Alacer Gold Corp 375 0.01 1 E-L Financial Corp Ltd 497 0.02
283 Alamos Gold Inc 911 0.03 194 ECN Capital Corp 516 0.02
42 Alaris Royalty Corp 587 0.02 571 Eldorado Gold Corp 327 0.01
22 Alcanna Inc 120 – 191 Element Fleet Management Corp 1,011 0.04
7 Algoma Central Corp 59 – 62 Empire Co Ltd 1,171 0.04
12 Alio Gold Inc 9 – 43 Endeavour Mining Corp 538 0.02
140 AltaGas Ltd 1,521 0.06 63 Enerflex Ltd 768 0.03
32 Altius Minerals Corp 307 0.01 49 Energy Fuels Inc 159 0.01
4 Americas Silver Corp 5 – 111 Ensign Energy Services Inc 423 0.02
22 Amerigo Resources Ltd 15 – 13 Epsilon Energy Ltd 28 –
95 ARC Resources Ltd 648 0.02 12 Equitable Group Inc 608 0.02
140 Argonaut Gold Inc 129 – 120 Essential Energy Services Ltd 31 –
11 Arrow Exploration Corp 3 – 6 Exchange Income Corp 137 0.01
110 Asanko Gold Inc 72 – 18 Exco Technologies Ltd 130 –
371 Athabasca Oil Corp 287 0.01 20 Firm Capital Mortgage Investment Corp 205 0.01
15 AutoCanada Inc 145 0.01 15 First Majestic Silver Corp 71 –
635 B2Gold Corp 1,563 0.06 50 First Mining Gold Corp 10 –
379 Baytex Energy Corp 701 0.03 301 Fission Uranium Corp 145 0.01
28 Bellatrix Exploration Ltd 21 – 117 Fortuna Silver Mines Inc 376 0.01
208 Birchcliff Energy Ltd 554 0.02 67 Freehold Royalties Ltd 436 0.02
32 Black Diamond Group Ltd 54 – 7 Frontera Energy Corp 65 –
202 BlackPearl Resources Inc 150 0.01 3 GDI Integrated Facility Services Inc 41 –
21 BNK Petroleum Inc 5 – 127 Gear Energy Ltd 57 –
197 Bonavista Energy Corp 185 0.01 2 Genesis Land Development Corp 6 –
21 Bonterra Energy Corp 108 – 36 Genworth MI Canada Inc 1,168 0.04
18 BSM Technologies Inc 11 – 2 Glacier Media Inc 1 –
75 Calfrac Well Services Ltd 151 0.01 6 GMP Capital Inc 9 –
266 Cameco Corp 3,153 0.12 262 Gran Tierra Energy Inc 697 0.03
102 Canaccord Genuity Group Inc 502 0.02 21 Granite Oil Corp 12 –
84 Canacol Energy Ltd 253 0.01 12 Guardian Capital Group Ltd 200 0.01
58 Canadian Western Bank 1,266 0.05 122 Guyana Goldfields Inc 124 –
46 Canfor Corp 632 0.02 24 Heroux-Devtek Inc 258 0.01
18 Canfor Pulp Products Inc 253 0.01 15 High Arctic Energy Services Inc 39 –
47 CanWel Building Materials Group Ltd 171 0.01 14 High Liner Foods Inc 71 –
290 Capstone Mining Corp 137 0.01 65 Home Capital Group Inc 866 0.03
90 Cardinal Energy Ltd 175 0.01 124 Horizon North Logistics Inc 206 0.01
56 Cascades Inc 526 0.02 180 Hudbay Minerals Inc 913 0.03
79 Celestica Inc 814 0.03 85 Hudson's Bay Co 561 0.02
161 Centerra Gold Inc 656 0.02 342 IAMGOLD Corp 1,038 0.04
4 Cervus Equipment Corp 37 – 24 Imperial Metals Corp 22 –
107 CES Energy Solutions Corp 255 0.01 7 Indigo Books & Music Inc 61 –
21 Industrial Alliance Insurance & Financial Services
8 Chesswood Group Ltd 62 – Inc 751 0.03
185 China Gold International Resources Corp Ltd 250 0.01 50 Interfor Corp 570 0.02
11 Cogeco Communications Inc 523 0.02 5 Intertain Group Ltd 38 –
5 Cogeco Inc 248 0.01 219 Ivanhoe Mines Ltd 437 0.02
11 Conifex Timber Inc 17 – 3 K-Bro Linen Inc 91 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 236
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Canada - 3.11% (continued) Canada - 3.11% (continued)
103 Kelt Exploration Ltd 340 0.01 1 Sierra Wireless Inc (Canada listing) 14 –
900 Kinross Gold Corp 2,439 0.09 28 Sierra Wireless Inc (US listing) 450 0.02
60 Knight Therapeutics Inc 385 0.01 6 Source Energy Services Ltd 5 –
7 KP Tissue Inc 43 – 17 Sprott Inc 35 –
39 Laurentian Bank of Canada 1,230 0.04 97 SSR Mining Inc 1,026 0.04
31 Leagold Mining Corp 35 – 14 Stantec Inc 345 0.01
8 Leon's Furniture Ltd 88 – 53 Stars Group Inc 1,033 0.04
78 Lightstream Resources Ltd – – 15 STEP Energy Services Ltd 31 –
33 Linamar Corp 1,209 0.04 5 Storm Resources Ltd 7 –
446 Lundin Mining Corp 1,944 0.07 229 Stornoway Diamond Corp 33 –
32 Lydian International Ltd 2 – 7 Strad Energy Services Ltd 7 –
10 Magellan Aerospace Corp 125 – 18 Stuart Olson Inc 65 –
60 Major Drilling Group International Inc 215 0.01 114 Superior Plus Corp 889 0.04
143 Mandalay Resources Corp 7 – 9 Supremex Inc 16 –
38 Maple Leaf Foods Inc 835 0.03 201 Surge Energy Inc 228 0.01
75 Martinrea International Inc 605 0.02 204 Tahoe Resources Inc 722 0.04
20 Maxar Technologies Ltd (Canada listing) 339 0.01 157 Tamarack Valley Energy Ltd 259 0.01
11 Maxar Technologies Ltd (US listing) 185 0.01 133 Taseko Mines Ltd 86 –
1 Mediagrif Interactive Technologies Inc 8 – 72 Teranga Gold Corp 175 0.01
194 MEG Energy Corp 1,217 0.04 8 Tervita Corp 51 –
2 Melcor Developments Ltd 21 – 2 TFI International Inc 80 –
34 Mountain Province Diamonds Inc 43 – 37 Tidewater Midstream and Infrastructure Ltd 38 –
70 Mullen Group Ltd 646 0.02 13 Timbercreek Financial Corp 91 –
25 Nevada Copper Corp 7 – 12 TMAC Resources Inc 57 –
220 Nevsun Resources Ltd 986 0.04 21 TMX Group Ltd 1,228 0.05
360 New Gold Inc 279 0.01 133 TORC Oil & Gas Ltd 482 0.02
16 North American Construction Group Ltd 148 0.01 53 Torex Gold Resources Inc 414 0.02
124 NuVista Energy Ltd 361 0.01 28 Torstar Corp 20 –
335 Obsidian Energy Ltd 169 0.01 33 Total Energy Services Inc 250 0.01
387 OceanaGold Corp 1,126 0.04 188 Tourmaline Oil Corp 2,610 0.10
87 Osisko Gold Royalties Ltd 653 0.02 203 TransAlta Corp 1,086 0.05
90 Painted Pony Energy Ltd 118 – 48 Transcontinental Inc 722 0.03
101 Pan American Silver Corp 1,293 0.05 60 TransGlobe Energy Corp 130 –
49 Paramount Resources Ltd 267 0.01 374 Trevali Mining Corp 137 0.01
337 Pengrowth Energy Corp 172 0.01 222 Trican Well Service Ltd 204 0.01
84 Peyto Exploration & Development Corp 639 0.02 4 Trisura Group Ltd 74 –
29 PHX Energy Services Corp 60 – 35 Uni-Select Inc 566 0.02
80 Pine Cliff Energy Ltd 19 – 3 Vermilion Energy Inc 68 –
18 Pizza Pizza Royalty Corp 125 – 15 Wajax Corp 210 0.01
10 Polaris Infrastructure Inc 72 – 59 Wesdome Gold Mines Ltd 163 0.01
9 PolyMet Mining Corp 8 – 22 West Fraser Timber Co Ltd 1,165 0.05
245 Precision Drilling Corp 562 0.02 62 Western Energy Services Corp 26 –
108 Premier Gold Mines Ltd 127 – 287 Western Forest Products Inc 424 0.02
76 Pretium Resources Inc 544 0.02 2 WestJet Airlines Ltd 27 –
85 Quarterhill Inc 89 – 21 Westport Fuel Systems Inc 44 –
44 Questerre Energy Corp 13 – 290 Whitecap Resources Inc 1,024 0.05
44 RB Energy Inc – – 700 Yamana Gold Inc 1,458 0.06
19 Reitmans Canada Ltd 51 – 51 Yangarra Resources Ltd 98 –
13 Rocky Mountain Dealerships Inc 90 – 85,105 3.11
67 Rogers Sugar Inc 286 0.01 Denmark - 0.73%
34 Roxgold Inc 21 – 3 ALK-Abello AS 441 0.02
38 Russel Metals Inc 657 0.02 70 Alm Brand AS 553 0.02
132 Sabina Gold & Silver Corp 137 0.01 29 Bang & Olufsen AS 579 0.02
132 Sandstorm Gold Ltd 553 0.02 3 BankNordik P/F 56 –
117 Secure Energy Services Inc 636 0.02 21 Bavarian Nordic AS 432 0.02
228 SEMAFO Inc 412 0.02 2 Brodrene Hartmann AS 97 –
174 Seven Generations Energy Ltd 1,325 0.05 127 Columbus AS 250 0.01
47 ShawCor Ltd 694 0.03 28 D/S Norden AS 421 0.02
278 Sherritt International Corp 102 – 28 Dfds AS 1,037 0.04
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 237
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Denmark - 0.73% (continued) Finland - 0.61% (continued)
35 FLSmidth & Co AS 1,780 0.07 54 Raisio Oyj 170 0.01
– GronlandsBANKEN AS 3 – 41 Ramirent Oyj 258 0.01
15 H&H International AS 234 0.01 3 Rapala VMC Oyj 12 –
2 Harboes Bryggeri AS 20 – 46 Sanoma Oyj 479 0.02
4 IC Group AS 28 – 16 SRV Group Oyj 40 –
127 ISS AS 4,140 0.15 2 Stockmann Oyj Abp, Class A 4 –
59 Jyske Bank AS 2,307 0.08 17 Stockmann Oyj Abp, Class B 41 –
29 Matas AS 280 0.01 6 Teleste Oyj 39 –
19 NKT AS 300 0.01 18 Tokmanni Group Corp 143 0.01
4 NNIT AS 129 – 66 Valmet Oyj 1,424 0.04
1 Parken Sport & Entertainment AS 12 – 103 YIT Oyj 627 0.02
18 Per Aarsleff Holding AS 545 0.02 16,662 0.61
19 Ringkjoebing Landbobank AS 1,065 0.04 France - 2.05%
2 Rockwool International AS, Class A 361 0.01 7 Actia Group 32 –
5 Rockwool International AS, Class B 1,171 0.04 129 Air France-KLM 1,492 0.05
3 RTX AS 82 – 7 AKWEL 124 –
6 Santa Fe Group AS 9 – 19 Albioma SA 353 0.01
24 Scandinavian Tobacco Group AS 323 0.01 109 Altran Technologies SA 1,085 0.04
11 Schouw & Co AS 906 0.03 3 Amplitude Surgical SAS 9 –
4 Solar AS 170 0.01 15 Antalis International SAS 19 –
65 Spar Nord Bank AS 554 0.02 5 APRIL SA 92 –
56 Sydbank AS 1,375 0.06 42 Archos 17 –
43 TK Development AS 37 – 39 Arkema SA 3,706 0.14
2 TORM PLC 17 – 5 Assystem SA 160 0.01
1 United International Enterprises 198 0.01 4 Axway Software SA 51 –
138 Vestjysk Bank AS 43 – 17 Bigben Interactive 193 0.01
19,955 0.73 11 Bonduelle SCA 403 0.01
Finland - 0.61% 15 Bourbon Corp 73 –
23 Afarak Group Oyj 21 – – Burelle SA 57 –
10 Ahlstrom-Munksjo Oyj 139 0.01 37 Casino Guichard Perrachon SA 1,676 0.06
24 Aktia Bank Oyj 259 0.01 1 Catering International Services 8 –
15 Amer Sports Oyj 565 0.02 3 Cegedim SA 69 –
1 Apetit Oyj 12 – 368 CGG SA 554 0.02
– Asiakastieto Group Oyj 14 – 13 Chargeurs SA 254 0.01
10 Aspo Oyj 101 – 8 Cie des Alpes 245 0.01
8 Atria Oyj 63 – 75 Coface SA 701 0.03
18 Bittium Oyj 139 0.01 29 Derichebourg SA 125 –
22 Cargotec Oyj 843 0.03 41 Eiffage SA 3,877 0.15
21 Cramo Oyj 396 0.01 67 Elior Group SA 994 0.04
36 Finnair Oyj 312 0.01 87 Elis SA 1,698 0.07
18 Fiskars Oyj ABP 314 0.01 6 Eramet 520 0.02
45 Glaston Oyj ABP 21 – 2 Esso SA Francaise 76 –
20 HKScan Oyj 43 – 21 Etablissements Maurel et Prom 81 –
41 Huhtamaki Oyj 1,264 0.05 64 Europcar Mobility Group 623 0.02
2 Ilkka-Yhtyma Oyj 6 – 117 Eutelsat Communications SA 2,509 0.09
63 Kemira Oyj 726 0.03 1 Exel Industries 76 –
8 Kesko Oyj, Class A 434 0.02 30 Faurecia SA 1,174 0.05
36 Kesko Oyj, Class B 2,098 0.08 1 Fleury Michon SA 30 –
38 Konecranes Oyj 1,307 0.04 11 Fnac Darty SA 762 0.03
6 Lassila & Tikanoja Oyj 98 – 8 GL Events 166 0.01
104 Metsa Board Oyj 725 0.03 3 Groupe Crit 164 0.01
25 Metso Oyj 728 0.03 4 Groupe Open 102 –
39 Nokian Renkaat Oyj 1,267 0.05 1 Guerbet 92 –
6 Olvi Oyj 206 0.01 9 Haulotte Group SA 102 –
67 Oriola Oyj 172 0.01 1 HiPay Group SA 8 –
179 Outokumpu Oyj 748 0.03 6 Iliad SA 786 0.03
64 Outotec Oyj 244 0.01 15 Imerys SA 832 0.03
3 Pihlajalinna Oyj 37 – 1 Interparfums SA 37 –
16 Poyry Oyj 123 – 37 IPSOS 936 0.03
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 238
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
France - 2.05% (continued) Germany - 2.42% (continued)
10 Jacquet Metal Service SA 185 0.01 46 Aareal Bank AG 1,501 0.05
36 Korian SA 1,411 0.05 6 Adler Modemaerkte AG 18 –
71 Lagardere SCA 1,995 0.08 38 ADVA Optical Networking SE 320 0.01
56 Latecoere SA 216 0.01 5 Allgeier SE 149 0.01
2 Laurent-Perrier 171 0.01 28 Aurubis AG 1,518 0.06
2 Le Belier 58 – 26 Axel Springer SE 1,669 0.06
13 LISI 394 0.01 8 Bauer AG 122 –
11 Maisons du Monde SA 254 0.01 12 BayWa AG 316 0.01
2 Maisons France Confort SA 63 – 4 Bertrandt AG 363 0.01
6 Manitou BF SA 173 0.01 4 Bijou Brigitte AG 167 0.01
1 Manutan International 65 – 25 Bilfinger SE 819 0.03
13 Mersen SA 379 0.01 74 Borussia Dortmund GmbH & Co KGaA 697 0.03
19 METabolic EXplorer SA 39 – 6 CENTROTEC Sustainable AG 80 –
24 Neopost SA 665 0.02 4 Cewe Stiftung & Co KGAA 316 0.01
18 Nexans SA 555 0.02 28 comdirect bank AG 358 0.01
31 Nexity SA 1,532 0.07 2 Corestate Capital Holding SA 67 –
3 Nicox 17 – 15 CropEnergies AG 64 –
9 NRJ Group 80 – 11 Deutsche Beteiligungs AG 413 0.02
11 OL Groupe SA 33 – 13 Deutsche Lufthansa AG 318 0.01
36 Onxeo SA 39 – 99 Deutsche Pfandbriefbank AG 1,189 0.04
11 Parrot SA 40 – 109 Deutz AG 808 0.03
4 Pierre & Vacances SA 76 – 53 Dialog Semiconductor PLC 1,376 0.05
6 Plastivaloire 59 – 5 DMG Mori AG 233 0.01
1 PSB Industries SA 46 – 2 Draegerwerk AG & Co KGaA 99 –
17 Rallye SA 186 0.01 7 Duerr AG 261 0.01
226 Rexel SA 2,718 0.10 5 Eckert & Ziegler AG 394 0.01
9 Rothschild & Co 342 0.01 9 Elmos Semiconductor AG 189 0.01
3 Savencia SA 237 0.01 28 ElringKlinger AG 240 0.01
99 SCOR SE 4,758 0.18 4 Euromicron AG 16 –
2 Seche Environnement SA 51 – 5 First Sensor AG 106 –
227 SES SA 4,912 0.19 – FORTEC Elektronik AG 9 –
17 Societe BIC SA 1,834 0.08 9 Francotyp-Postalia Holding AG 37 –
– Societe des Bains de Mer et du Cercle des 38 Fraport AG Frankfurt Airport Services Worldwide 2,774 0.10
Etrangers a Monaco 24 –
91 Freenet AG 1,880 0.07
– Societe Marseillaise du Tunnel Prado-Carenage SA 10 –
91 GEA Group AG 2,476 0.09
3 Sopra Steria Group 326 0.01
24 Gerresheimer AG 1,693 0.06
66 SPIE SA 940 0.03
24 Gerry Weber International AG 105 –
3 Stallergenes Greer PLC 99 –
7 Gesco AG 188 0.01
2 Stef SA 209 0.01
11 GFT Technologies SE 98 –
4 Sword Group 121 –
9 H&R GmbH & Co KGaA 74 –
19 Tarkett SA 465 0.02
18 Hamburger Hafen und Logistik AG 390 0.01
77 Technicolor SA 94 –
11 Hapag-Lloyd AG 356 0.01
61 Television Francaise 1 580 0.02
216 Heidelberger Druckmaschinen AG 462 0.02
– Tessi SA 11 –
37 Hella GmbH & Co KGaA 1,560 0.06
1 Thermador Groupe 74 –
1 Highlight Communications AG 7 –
– Total Gabon 74 –
31 HolidayCheck Group AG 104 –
1 Touax SA 7 –
6 Hornbach Baumarkt AG 148 0.01
20 Valeo SA 564 0.02
2 Hornbach Holding AG & Co KGaA 95 –
246 Vallourec SA 584 0.02
14 Indus Holding AG 638 0.02
23 Valneva SE 89 –
9 IVU Traffic Technologies AG 55 –
2 Vetoquinol SA 134 –
1 Jenoptik AG 41 –
15 Vicat SA 702 0.04
144 K&S AG 2,535 0.09
3 VIEL & Cie SA 14 –
41 KION Group AG 2,310 0.08
4 Vilmorin & Cie SA 256 0.01
64 Kloeckner & Co SE 515 0.02
– Virbac SA 45 –
11 Koenig & Bauer AG 490 0.02
1 Vranken-Pommery Monopole SA 18 –
11 Krones AG 944 0.03
56,166 2.05
– KSB SE & Co KGaA 29 –
Germany - 2.42% 1 KWS Saat SE 467 0.02
29 1&1 Drillisch AG 1,454 0.05 59 Lanxess AG 3,270 0.12
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 239
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Germany - 2.42% (continued) Hong Kong - 1.03% (continued)
4 Leifheit AG 77 – 28 Associated International Hotels Ltd 80 –
31 Leoni AG 1,002 0.04 115 Automated Systems Holdings Ltd 14 –
3 Manz AG 97 – 46 BeijingWest Industries International Ltd 5 –
128 METRO AG 1,966 0.07 86 BOC Aviation Ltd 668 0.03
50 MLP SE 257 0.01 184 BOE Varitronix Ltd 50 –
48 Nordex SE 476 0.02 1,032 Bonjour Holdings Ltd 29 –
34 OSRAM Licht AG 1,573 0.06 238 Bright Smart Securities & Commodities Group Ltd 48 –
– Paragon GmbH & Co KGaA 4 – 243 Brightoil Petroleum Holdings Ltd 47 –
42 Patrizia Immobilien AG 840 0.03 1,736 Burwill Holdings Ltd 36 –
4 Petro Welt Technologies AG 25 – 656 Cathay Pacific Airways Ltd 948 0.04
58 PNE AG 166 0.01 138 CCT Fortis Holdings Ltd 13 –
1 Progress-Werk Oberkirch AG 45 – 905 Century City International Holdings Ltd 83 –
78 QSC AG 128 – 107 Champion Technology Holdings Ltd 5 –
– R Stahl AG 7 – 38 Chen Hsong Holdings 14 –
29 Rheinmetall AG 2,674 0.10 106 Cheuk Nang Holdings Ltd 61 –
31 Rhoen Klinikum AG 776 0.03 44 Chevalier International Holdings Ltd 65 –
14 RIB Software SE 206 0.01 650 China Best Group Holding Ltd 14 –
55 Rocket Internet SE 1,411 0.05 4,802 China Energy Development Holdings Ltd 53 –
32 SAF-Holland SA 474 0.02 184 China Flavors & Fragrances Co Ltd 65 –
31 Salzgitter AG 986 0.04 336 China Goldjoy Group Ltd 14 –
1 Schaltbau Holding AG 16 – 3,554 China Soft Power Technology Holdings Ltd 19 –
2 Senvion SA 8 – 282 China Star Entertainment Ltd 31 –
9 SGL Carbon SE 94 – 7,060 China Strategic Holdings Ltd 52 –
4 SHW AG 97 – 166 China Ting Group Holdings Ltd 8 –
7 Sixt Leasing SE 109 – 143 Chinese Estates Holdings Ltd 161 0.01
4 Sixt SE 362 0.01 33 Chong Hing Bank Ltd 57 –
8 SMA Solar Technology AG 163 0.01 155 Chow Sang Sang Holdings International Ltd 243 0.01
2 SMT Scharf AG 33 – 650 Chuang's China Investments Ltd 42 –
2 Softing AG 22 – 539 Chuang's Consortium International Ltd 110 –
33 Software AG 1,334 0.06 841 CITIC Telecom International Holdings Ltd 286 0.01
54 Suedzucker AG 774 0.04 1,506 CK Life Sciences Int'l Holdings Inc 70 –
14 Suess MicroTec SE 160 0.01 1,724 CMMB Vision Holdings Ltd 23 –
7 Surteco Group SE 183 0.01 343 CNQC International Holdings Ltd 87 –
36 Takkt AG 578 0.02 360 Continental Holdings Ltd 5 –
39 Talanx AG 1,401 0.05 3,030 Convoy Global Holdings Ltd 12 –
17 Tele Columbus AG 76 – 339 Cowell e Holdings Inc 41 –
27 Tom Tailor Holding SE 90 – 277 Crocodile Garments 24 –
5 Traffic Systems SE 84 – 3,695 CSI Properties Ltd 149 0.01
112 Uniper SE 2,880 0.12 15,280 CST Group Ltd 47 –
45 United Internet AG 2,018 0.08 303 CW Group Holdings Ltd 7 –
17 VERBIO Vereinigte BioEnergie AG 132 – 212 Dah Sing Banking Group Ltd 402 0.01
7 Vossloh AG 335 0.01 87 Dah Sing Financial Holdings Ltd 484 0.03
10 VTG AG 603 0.02 88 Dickson Concepts International Ltd 43 –
11 Wacker Chemie AG 1,056 0.05 150 Eagle Nice International Holdings Ltd 57 –
23 Wacker Neuson SE 460 0.03 228 EcoGreen International Group Ltd 46 –
14 Wuestenrot & Wuerttembergische AG 271 0.01 1,818 Emperor Capital Group Ltd 92 –
9 Zeal Network SE 197 0.01 530 Emperor Entertainment Hotel Ltd 98 –
66,116 2.42 742 Emperor International Holdings Ltd 184 0.01
Hong Kong - 1.03% 2,890 Emperor Watch & Jewellery Ltd 100 –
48 Aeon Credit Service Asia Co Ltd 42 – 2,876 Enerchina Holdings Ltd 150 0.01
10 Aeon Stores Hong Kong Co Ltd 5 – 460 ENM Holdings Ltd 44 –
112 Alco Holdings Ltd 15 – 962 Esprit Holdings Ltd 224 0.01
12 Allied Group Ltd 69 – 1,090 Eternity Investment Ltd 25 –
803 Allied Properties HK Ltd 174 0.01 671 Far East Consortium International Ltd 318 0.01
965 Applied Development Holdings Ltd 74 – 153 Far East Holdings International Ltd 8 –
222 APT Satellite Holdings Ltd 84 – 1,774 FIH Mobile Ltd 214 0.01
10 Arts Optical International Hldgs Ltd 2 – 1,332 First Pacific Co Ltd 514 0.03
128 Asia Financial Holdings Ltd 75 – 456 First Shanghai Investments Ltd 26 –
384 Asia Standard International Group Ltd 70 – 482 Fountain SET Holdings Ltd 69 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 240
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Hong Kong - 1.03% (continued) Hong Kong - 1.03% (continued)
634 Freeman Fintech Corp Ltd 31 – 124 Lippo Ltd 46 –
150 Future Bright Holdings Ltd 16 – 114 Liu Chong Hing Investment Ltd 171 0.01
190 GCL New Energy Holdings Ltd 7 – 168 Luk Fook Holdings International Ltd 492 0.03
13,570 G-Resources Group Ltd 92 – 60 Luks Group Vietnam Holdings Co Ltd 16 –
336 Genting Hong Kong Ltd 49 – 100 Lung Kee Bermuda Holdings 45 –
237 Get Nice Financial Group Ltd 31 – 985 Macau Legend Development Ltd 173 0.01
5,072 Get Nice Holdings Ltd 169 0.01 822 Magnificent Hotel Investment Ltd 19 –
3,626 Global Brands Group Holding Ltd 174 0.01 12,101 Mason Group Holdings Ltd 222 0.01
334 Glorious Sun Enterprises Ltd 37 – 5,129 Master Glory Group Ltd 15 –
910 Good Resources Holdings Ltd 22 – 355 Melco International Development Ltd 718 0.04
523 Goodbaby International Holdings Ltd 188 0.01 286 Midland Holdings Ltd 58 –
82 Grand Ming Group Holdings Ltd 51 – 66 Ming Fai International Holdings Ltd 9 –
133 Great Eagle Holdings Ltd 554 0.02 100 Miramar Hotel & Investment 187 0.01
174 Greenheart Group Ltd 16 – 173 Modern Dental Group Ltd 31 –
242 Guangnan Holdings Ltd 28 – 2,935 Mongolian Mining Corp 63 –
23 Guoco Group Ltd 299 0.01 328 Nameson Holdings Ltd 30 –
1,302 Guotai Junan International Holdings Ltd 229 0.01 66 National Electronic Holdings 9 –
1,207 Haitong International Securities Group Ltd 421 0.02 126 Neo-Neon Holdings Ltd 10 –
92 Hang Fung Gold Technology Ltd – – 2,559 New Times Energy Corp Ltd 38 –
501 Hang Lung Group Ltd 1,391 0.06 560 NewOcean Energy Holdings Ltd 208 0.01
239 Hanison Construction Holdings Ltd 44 – 894 Nine Express Ltd 30 –
960 Hao Tian Development Group Ltd 27 – 705 Orange Sky Golden Harvest Entertainment
Holdings Ltd 28 –
74 Harbour Centre Development Ltd 136 –
448 Oriental Watch Holdings 122 –
72 HIN Sang Group International Holding Co Ltd 10 –
946 Pacific Andes International Holdings Ltd 3 –
536 HKR International Ltd 259 0.01
3,259 Pacific Basin Shipping Ltd 732 0.04
58 Hon Kwok Land Investment Co Ltd 28 –
180 Paliburg Holdings Ltd 68 –
72 Hong Kong Ferry Holdings Co Ltd 74 –
104 Paradise Entertainment Ltd 12 –
216 Hong Kong Finance Investment Holding Group 25 –
166 Hong Kong International Construction Investment 630 Playmates Holdings Ltd 85 –
Management Group Co Ltd 52 – 352 Playmates Toys Ltd 32 –
332 Hong Kong Television Network Ltd 102 – 716 Polytec Asset Holdings Ltd 64 –
356 Hongkong & Shanghai Hotels Ltd 550 0.03 749 PT International Development Co Ltd 45 –
360 Hongkong Chinese Ltd 44 – 206 Public Financial Holdings Ltd 84 –
304 Hopewell Holdings Ltd 1,028 0.05 2,125 PYI Corp Ltd 32 –
1,330 Hsin Chong Group Holdings Ltd 11 – 291 Regal Hotels International Holdings Ltd 167 0.01
314 Hung Hing Printing Group Ltd 46 – 1,100 Regent Pacific Group Ltd 49 –
814 Hutchison Telecommunications Hong Kong 24 Safety Godown Co Ltd 43 –
Holdings Ltd 307 0.01
210 SAS Dragon Holdings Ltd 65 –
9 Imagi International Holdings Ltd 2 –
97 SEA Holdings Ltd 127 –
178 International Housewares Retail Co Ltd 41 –
606 Shangri-La Asia Ltd 864 0.04
255 IPE Group Ltd 36 –
295 Shenwan Hongyuan HK Ltd 60 –
270 IT Ltd 142 0.01
14 Shun Ho Property Investments Ltd 4 –
375 ITC Properties Group Ltd 112 –
979 Shun Tak Holdings Ltd 323 0.01
242 Jacobson Pharma Corp Ltd 49 –
860 Sincere Watch Hong Kong Ltd 9 –
181 Johnson Electric Holdings Ltd 406 0.01
156 Sing Tao News Corp Ltd 18 –
192 Kader Holdings Co Ltd 24 –
1,152 Singamas Container Holdings Ltd 157 0.01
50 Kam Hing International Holdings Ltd 4 –
199 Sitoy Group Holdings Ltd 57 –
46 Keck Seng Investments 35 –
671 SJM Holdings Ltd 609 0.03
268 Kerry Logistics Network Ltd 430 0.02
56 SOCAM Development Ltd 14 –
364 Kerry Properties Ltd 1,253 0.06
1,300 Solartech International Holdings Ltd 19 –
142 Kingmaker Footwear Holdings Ltd 30 –
42 Soundwill Holdings Ltd 59 –
214 Kowloon Development Co Ltd 230 0.01
460 South China Holdings Co Ltd 10 –
46 Kwoon Chung Bus Holdings Ltd 29 –
404 South Shore Holdings Ltd 19 –
179 Lai Sun Development Co Ltd 303 0.01
251 Stella International Holdings Ltd 244 0.01
76 Lai Sun Garment International Ltd 115 –
820 Summit Ascent Holdings Ltd 102 –
216 Landing International Development Ltd 84 –
333 Sun Hung Kai & Co Ltd 158 0.01
392 Landsea Green Group Co Ltd 42 –
166 TAI Cheung Holdings Ltd 153 0.01
820 Lerado Financial Group Co Ltd 2 –
2,355 Talent Property Group Ltd 19 –
2,426 Li & Fung Ltd 498 0.02
42 Tan Chong International Ltd 13 –
916 Lippo China Resources Ltd 20 –
163 Tao Heung Holdings Ltd 28 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 241
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Hong Kong - 1.03% (continued) Israel - 0.23% (continued)
163 Television Broadcasts Ltd 360 0.02 67 Harel Insurance Investments & Financial Services
Ltd 519 0.03
500 Texwinca Holdings Ltd 203 0.01
1 Israel Land Development Co Ltd 9 –
1,050 Town Health International Medical Group Ltd 93 –
– Isras Investment Co Ltd 13 –
124 Transport International Holdings Ltd 335 0.01
5 Jerusalem Oil Exploration 293 0.01
422 Trinity Ltd 21 –
8 Kenon Holdings Ltd 141 0.01
162 TSC Group Holdings Ltd 10 –
2 Maabarot Products Ltd 23 –
426 Tsui Wah Holdings Ltd 39 –
8 Mediterranean Towers Ltd 13 –
328 United Laboratories International Holdings Ltd 222 0.01
7 Meitav Dash Investments Ltd 22 –
676 Up Energy Development Group Ltd 2 –
19 Menora Mivtachim Holdings Ltd 236 0.01
210 Vantage International Holdings Ltd 18 –
208 Migdal Insurance & Financial Holding Ltd 241 0.01
344 Vedan International Holdings Ltd 34 –
– Minrav Holdings Ltd 9 –
1,964 Victory City International Holdings Ltd 26 –
3 Mivtach Shamir Holdings Ltd 58 –
412 VSTECS Holdings Ltd 209 0.01
5 Nawi Brothers Ltd 31 –
3,460 Wang On Group Ltd 40 –
1 Neto ME Holdings Ltd 104 –
232 Win Hanverky Holdings Ltd 22 –
796 Oil Refineries Ltd 401 0.01
440 Winfull Group Holdings Ltd 7 –
56 Partner Communications Co Ltd 307 0.01
39 Wing On Co International Ltd 130 –
4 Paz Oil Co Ltd 574 0.03
229 Wing Tai Properties Ltd 160 0.01
55 Phoenix Holdings Ltd 334 0.01
174 Wonderful Sky Financial Group Holdings Ltd 27 –
2 Plasson Industries Ltd 85 –
62 Wong's International Holdings Ltd 21 –
108 Shikun & Binui Ltd 201 0.01
186 Wong's Kong King International 25 –
26 Suny Cellular Communication Ltd 13 –
19 YGM Trading Ltd 17 –
17 Union Bank of Israel 76 –
62 YT Realty Group Ltd 20 –
6,417 0.23
325 Yue Yuen Industrial Holdings Ltd 947 0.04
2,104 Yugang International Ltd 49 – Italy - 1.39%
28,253 1.03 1,076 A2A SpA 1,814 0.07
37 ACEA SpA 494 0.02
Ireland - 0.36%
28 Aeffe SpA 77 –
1,035 Bank of Ireland Group PLC 6,574 0.24
146 Anima Holding SpA 613 0.02
222 C&C Group PLC 771 0.03
105 Arnoldo Mondadori Editore SpA 181 0.01
2 FBD Holdings PLC 25 –
53 Ascopiave SpA 185 0.01
26 Paddy Power Betfair PLC 2,348 0.09
38 Astaldi SpA 23 –
24 Permanent TSB Group Holdings PLC 48 –
1 Autostrade Meridionali SpA 44 –
9,766 0.36
11 Avio SpA 136 –
Israel - 0.23%
16,439 Banca Carige SpA 37 –
1 Albaad Massuot Yitzhak Ltd 14 – 19 Banca IFIS SpA 388 0.01
13 Allot Communications Ltd 86 – 23 Banca Monte dei Paschi di Siena SpA 42 –
2 Alrov Properties and Lodgings Ltd 46 – 289 Banca Popolare di Sondrio SCPA 900 0.03
4 Ashtrom Group Ltd 19 – 235 Banca Profilo SpA 46 –
18 Ashtrom Properties Ltd 76 – 70 Banca Sistema SpA 127 –
3 AudioCodes Ltd 30 – 1,230 Banco BPM SpA 2,885 0.11
51 Azorim-Investment Development & Construction Co
Ltd 45 – 25 Banco di Desio e della Brianza SpA 50 –
13 Carasso Motors Ltd 58 – 316 BPER Banca 1,289 0.05
– Castro Model Ltd 11 – 51 Buzzi Unicem SpA 971 0.04
25 Cellcom Israel Ltd 183 0.01 60 Cairo Communication SpA 220 0.01
23 Ceragon Networks Ltd 97 – 39 Cementir Holding SpA 212 0.01
15 Clal Insurance Enterprises Holdings Ltd 267 0.01 277 CIR-Compagnie Industriali Riunite SpA 285 0.01
2 Delek Group Ltd 301 0.02 65 Credito Emiliano SpA 381 0.01
5 Delta-Galil Industries Ltd 135 – 5,584 Credito Valtellinese SpA 516 0.02
– Dexia Israel Bank Ltd 27 – 168 d'Amico International Shipping SA 25 –
2 Dor Alon Energy in Israel 1988 Ltd 33 – 10 Danieli & C Officine Meccaniche SpA 180 0.01
157 El Al Israel Airlines 53 – 100 DeA Capital SpA 146 0.01
2 Electra Consumer Products 1970 Ltd 19 – 1 Digital Bros SpA 9 –
4 Elron Electronic Industries Ltd 12 – 15 Elica SpA 26 –
52 Energix-Renewable Energies Ltd 67 – 65 Emak SpA 97 –
31 First International Bank Of Israel Ltd 709 0.04 16 ePrice SpA 27 –
5 Formula Systems 1985 Ltd 196 0.01 45 ERG SpA 820 0.03
5 Fox Wizel Ltd 110 – 26 Esprinet SpA 109 –
2 Hadera Paper Ltd 120 – 20 Eurotech SpA 82 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 242
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Italy - 1.39% (continued) Japan - 9.82% (continued)
27 Exprivia SpA 30 – 2 AGS Corp 11 –
151 Falck Renewables SpA 413 0.02 12 Ahresty Corp 77 –
450 Fincantieri SpA 531 0.02 5 Aichi Bank Ltd 209 0.01
98 FNM SpA 53 – 24 Aichi Corp 136 –
141 GEDI Gruppo Editoriale SpA 61 – 8 Aichi Steel Corp 296 0.01
4 Gefran SpA 30 – 2 Aichi Tokei Denki Co Ltd 68 –
60 Geox SpA 88 – 32 Aida Engineering Ltd 257 0.01
516 Hera SpA 1,421 0.05 9 Aigan Co Ltd 26 –
146 IMMSI SpA 67 – 7 Aiphone Co Ltd 107 –
169 Intek Group SpA 60 – 14 Airport Facilities Co Ltd 76 –
5 Italmobiliare SpA 114 – 6 Airtech Japan Ltd 34 –
8 IVS Group SA 87 – 23 Aisan Industry Co Ltd 169 0.01
16 La Doria SpA 148 0.01 22 Aizawa Securities Co Ltd 146 0.01
185 Leonardo SpA 1,831 0.07 14 Akatsuki Corp 38 –
8 Massimo Zanetti Beverage Group SpA 52 – 56 Akebono Brake Industry Co Ltd 109 –
342 Mediaset SpA 1,062 0.04 12 Akita Bank Ltd 239 0.01
435 Mediobanca Banca di Credito Finanziario SpA 3,841 0.14 3 Albis Co Ltd 78 –
9 Mondo TV SpA 19 – 16 Alconix Corp 180 0.01
17 Nice SpA 50 – 9 Alinco Inc 87 –
6 Openjobmetis Spa agenzia per il lavoro 50 – 13 Alpen Co Ltd 216 0.01
101 OVS SpA 185 0.01 4 Alpha Corp 44 –
11 Panariagroup Industrie Ceramiche SpA 22 – 4 Alpha Systems Inc 99 –
72 Parmalat SpA 229 0.01 26 Alpine Electronics Inc 419 0.03
134 Piaggio & C SpA 272 0.01 10 Alps Logistics Co Ltd 80 –
309 Poste Italiane SpA 2,346 0.09 8 Altech Co Ltd 20 –
149 Reno de Medici SpA 115 – 130 Amada Holdings Co Ltd 1,411 0.06
109 Retelit SpA 198 0.01 1 Anabuki Kosan Inc 32 –
6 Sabaf SpA 107 – 3 AOI Electronics Co Ltd 77 –
2 SAES Getters SpA 46 – 10 AOI TYO Holdings Inc 97 –
35 Safilo Group SpA 56 – 25 AOKI Holdings Inc 317 0.01
421 Saipem SpA 1,847 0.07 13 Aomori Bank Ltd 348 0.01
153 Salini Impregilo SpA 309 0.01 28 Aoyama Trading Co Ltd 711 0.04
314 Saras SpA 609 0.02 12 Arakawa Chemical Industries Ltd 168 0.01
6 Servizi Italia SpA 21 – 7 Arata Corp 309 0.01
3 Sesa SpA 85 – 3 Araya Industrial Co Ltd 52 –
134 Societa Cattolica di Assicurazioni SC 1,107 0.04 17 Arcland Sakamoto Co Ltd 232 0.01
52 Societa Iniziative Autostradali e Servizi SpA 703 0.03 21 Arcs Co Ltd 526 0.02
15 SOL SpA 186 0.01 23 Arisawa Manufacturing Co Ltd 165 0.01
53 Tamburi Investment Partners SpA 339 0.01 13 Artnature Inc 78 –
2 Tinexta Spa 15 – 6 Asahi Broadcasting Group Holdings Corp 41 –
7 Tod's SpA 321 0.01 4 Asahi Co Ltd 54 –
65 TREVI - Finanziaria Industriale SpA 20 – 32 Asahi Diamond Industrial Co Ltd 197 0.01
2 TXT e-solutions SpA 19 – 22 Asahi Holdings Inc 446 0.02
836 Unione di Banche Italiane SpA 2,690 0.10 3 Asahi Kogyosha Co Ltd 94 –
308 Unipol Gruppo SpA 1,281 0.06 2 Asahi Printing Co Ltd 16 –
667 UnipolSai Assicurazioni SpA 1,554 0.07 10 Asahi Yukizai Corp 157 0.01
38,127 1.39 5 Asanuma Corp 153 0.01
Japan - 9.82% 2 Asax Co Ltd 10 –
46 77 Bank Ltd 918 0.03 2 Ashimori Industry Co Ltd 36 –
3 A&A Material Corp 29 – 17 Asia Pile Holdings Corp 102 –
10 A&D Co Ltd 72 – 13 ASKA Pharmaceutical Co Ltd 143 0.01
6 Access Co Ltd 49 – 2 Asti Corp 29 –
10 Achilles Corp 195 0.01 11 Asunaro Aoki Construction Co Ltd 101 –
110 AD Works Co Ltd 40 – 12 Atsugi Co Ltd 109 –
51 ADEKA Corp 807 0.03 39 Autobacs Seven Co Ltd 591 0.02
12 Advan Co Ltd 114 – 19 Avex Inc 264 0.01
1 Advanex Inc 13 – 24 Awa Bank Ltd 695 0.04
4 Aeria Inc 18 – 6 Axell Corp 29 –
4 AFC-HD AMS Life Science Co Ltd 23 – 24 Bando Chemical Industries Ltd 262 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 243
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 9.82% (continued) Japan - 9.82% (continued)
11 Bank of Iwate Ltd 387 0.01 5 Daido Kogyo Co Ltd 50 –
5 Bank of Kochi Ltd 43 – 24 Daido Metal Co Ltd 197 0.01
8 Bank of Nagoya Ltd 269 0.01 19 Daido Steel Co Ltd 757 0.04
14 Bank of Okinawa Ltd 465 0.02 19 Daidoh Ltd 63 –
11 Bank of Saga Ltd 197 0.01 12 Daihatsu Diesel Manufacturing Co Ltd 78 –
27 Bank of the Ryukyus Ltd 305 0.01 11 Daihen Corp 280 0.01
2 Bank of Toyama Ltd 53 – 12 Daiho Corp 400 0.01
31 Belluna Co Ltd 345 0.01 6 Daiichi Jitsugyo Co Ltd 212 0.01
2 Biofermin Pharmaceutical Co Ltd 46 – 3 Daiichi Kensetsu Corp 45 –
6 Bookoff Group Holdings Ltd 39 – 11 Daiichi Kigenso Kagaku-Kogyo Co Ltd 98 –
34 Bunka Shutter Co Ltd 236 0.01 9 Daiken Corp 164 0.01
3 C Uyemura & Co Ltd 163 0.01 19 Daiki Aluminium Industry Co Ltd 111 –
2 C'BON Cosmetics Co Ltd 45 – 6 Daikoku Denki Co Ltd 93 –
9 CAC Holdings Corp 81 – 18 Daikyo Inc 463 0.02
2 Canare Electric Co Ltd 34 – 21 Daikyonishikawa Corp 208 0.01
11 Canon Electronics Inc 206 0.01 7 Dainichi Co Ltd 44 –
13 Canon Marketing Japan Inc 242 0.01 9 Dainichiseika Color & Chemicals Manufacturing Co
Ltd 249 0.01
15 Carlit Holdings Co Ltd 121 –
42 Daio Paper Corp 515 0.02
12 Cawachi Ltd 226 0.01
25 Daishi Hokuetsu Financial Group Inc 810 0.04
21 Central Glass Co Ltd 509 0.02
6 Daishinku Corp 50 –
37 Chiba Kogyo Bank Ltd 144 0.01
5 Daisue Construction Co Ltd 54 –
6 Chilled & Frozen Logistics Holdings Co Ltd 72 –
3 Daito Bank Ltd 18 –
4 Chino Corp 47 –
1 Daito Pharmaceutical Co Ltd 36 –
9 Chiyoda Co Ltd 165 0.01
20 Daiwa Industries Ltd 231 0.01
67 Chiyoda Corp 189 0.01
4 Daiyu Lic Holdings Co Ltd 46 –
7 Chiyoda Integre Co Ltd 148 0.01
67 DCM Holdings Co Ltd 661 0.02
3 Chodai Co Ltd 18 –
47 Denka Co Ltd 1,528 0.07
13 Chofu Seisakusho Co Ltd 276 0.01
7 Denki Kogyo Co Ltd 175 0.01
7 Chori Co Ltd 122 –
12 Denyo Co Ltd 170 0.01
15 Chubu Shiryo Co Ltd 190 0.01
29 Dexerials Corp 256 0.01
19 Chudenko Corp 432 0.02
46 DIC Corp 1,474 0.06
5 Chuetsu Pulp & Paper Co Ltd 70 –
6 DKS Co Ltd 146 0.01
5 Chugai Ro Co Ltd 100 –
13 Doshisha Co Ltd 231 0.01
101 Chugoku Bank Ltd 943 0.03
18 Doutor Nichires Holdings Co Ltd 346 0.01
38 Chugoku Marine Paints Ltd 353 0.01
29 Dowa Holdings Co Ltd 940 0.04
8 Chukyo Bank Ltd 162 0.01
8 DSB Co Ltd 36 –
2 Chuo Spring Co Ltd 64 –
25 Duskin Co Ltd 584 0.02
5 Chuo Warehouse Co Ltd 46 –
5 DyDo Group Holdings Inc 278 0.01
25 CI Takiron Corp 141 0.01
4 Dynic Corp 30 –
213 Citizen Watch Co Ltd 1,131 0.05
16 Eagle Industry Co Ltd 215 0.01
– CK-San-Etsu Co Ltd 7 –
37 Ebara Corp 956 0.04
28 CKD Corp 280 0.01
3 Ebara Foods Industry Inc 55 –
14 Cleanup Corp 89 –
4 Ebara Jitsugyo Co Ltd 74 –
34 CMK Corp 267 0.01
46 EDION Corp 508 0.02
28 COLOPL Inc 209 0.01
22 Ehime Bank Ltd 223 0.01
11 Computer Institute of Japan Ltd 70 –
20 Eidai Co Ltd 79 –
10 Corona Corp 97 –
6 Eighteenth Bank Ltd 151 0.01
12 Cosel Co Ltd 119 –
10 Eizo Corp 406 0.01
34 Cosmo Energy Holdings Co Ltd 800 0.04
5 Elematec Corp 98 –
8 Cosmos Initia Co Ltd 47 –
8 Endo Lighting Corp 56 –
7 CRE Inc 59 –
3 Enomoto Co Ltd 28 –
4 Create Medic Co Ltd 38 –
6 Enplas Corp 158 0.01
106 Credit Saison Co Ltd 1,359 0.06
15 Ensuiko Sugar Refining Co Ltd 34 –
1 Cross Plus Inc 9 –
13 ESPEC Corp 242 0.01
8 CTI Engineering Co Ltd 106 –
3 ESTELLE Holdings Co Ltd 16 –
15 Dai Nippon Toryo Co Ltd 145 0.01
5 Excel Co Ltd 85 –
9 Dai-Dan Co Ltd 209 0.01
20 Exedy Corp 502 0.02
5 Dai-ichi Seiko Co Ltd 66 –
8 F-Tech Inc 80 –
159 Daicel Corp 1,784 0.08
6 Faith Inc 65 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 244
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 9.82% (continued) Japan - 9.82% (continued)
4 Falco Holdings Co Ltd 59 – 12 Goldcrest Co Ltd 186 0.01
18 FCC Co Ltd 463 0.02 14 Grandy House Corp 50 –
58 Feed One Co Ltd 107 – 65 Gree Inc 284 0.01
2 Felissimo Corp 24 – 38 GS Yuasa Corp 890 0.04
2 Fenwal Controls of Japan Ltd 25 – 3 GSI Creos Corp 41 –
21 Ferrotec Holdings Corp 199 0.01 3 Gun-Ei Chemical Industry Co Ltd 89 –
129 FIDEA Holdings Co Ltd 176 0.01 223 Gunma Bank Ltd 1,063 0.05
9 Fields Corp 74 – 10 Gunze Ltd 409 0.01
7 First Bank of Toyama Ltd 27 – 13 H-One Co Ltd 121 –
4 First Juken Co Ltd 45 – 56 H2O Retailing Corp 971 0.05
9 FJ Next Co Ltd 75 – 27 Hachijuni Bank Ltd 126 –
15 Foster Electric Co Ltd 209 0.01 7 Hagihara Industries Inc 98 –
13 France Bed Holdings Co Ltd 111 – 5 Hagiwara Electric Holdings Co Ltd 133 –
5 Freund Corp 38 – 2 Hakudo Co Ltd 33 –
10 Fudo Tetra Corp 180 0.01 10 Hakuto Co Ltd 122 –
13 Fuji Co Ltd 241 0.01 10 Hamakyorex Co Ltd 356 0.01
37 Fuji Corp 488 0.02 22 Hanwa Co Ltd 666 0.02
18 Fuji Corp Ltd 147 0.01 10 Happinet Corp 138 0.01
7 Fuji Die Co Ltd 46 – 7 Harada Industry Co Ltd 61 –
22 Fuji Media Holdings Inc 335 0.01 6 Hard Off Corp Co Ltd 52 –
32 Fuji Oil Co Ltd 96 – 10 Harima Chemicals Group Inc 99 –
6 Fujibo Holdings Inc 151 0.01 6 Haruyama Holdings Inc 46 –
13 Fujicco Co Ltd 280 0.01 1 Hashimoto Sogyo Holdings Co Ltd 10 –
18 Fujikura Kasei Co Ltd 102 – 2 Hayashikane Sangyo Co Ltd 11 –
170 Fujikura Ltd 741 0.04 102 Hazama Ando Corp 617 0.03
13 Fujikura Rubber Ltd 58 – 30 Heiwa Corp 629 0.03
1 Fujimak Corp 11 – 20 Heiwa Real Estate Co Ltd 341 0.01
9 Fujimori Kogyo Co Ltd 261 0.01 19 Heiwado Co Ltd 523 0.02
67 Fujisash Co Ltd 56 – 11 HI-LEX CORP 237 0.01
5 Fujishoji Co Ltd 46 – 12 Hibiya Engineering Ltd 209 0.01
33 Fujitec Co Ltd 403 0.01 1 Himaraya Co Ltd 13 –
8 Fujitsu Frontech Ltd 87 – 7 Hirakawa Hewtech Corp 85 –
4 Fujiya Co Ltd 78 – 1 Hirano Tecseed Co Ltd 12 –
6 FuKoKu Co Ltd 46 – 164 Hiroshima Bank Ltd 992 0.05
4 Fukuda Corp 167 0.01 1 Hiroshima Electric Railway Co Ltd 5 –
2 Fukuda Denshi Co Ltd 142 0.01 17 Hisaka Works Ltd 138 0.01
15 Fukui Bank Ltd 253 0.01 32 Hitachi Capital Corp 786 0.04
15 Fukushima Bank Ltd 76 – 22 Hitachi Transport System Ltd 588 0.03
19 Fukuyama Transporting Co Ltd 830 0.04 117 Hitachi Zosen Corp 402 0.01
16 Funai Electric Co Ltd 105 – 4 Hodogaya Chemical Co Ltd 91 –
6 Furukawa Battery Co Ltd 42 – 13 Hogy Medical Co Ltd 402 0.01
22 Furukawa Co Ltd 278 0.01 1 Hokkaido Coca-Cola Bottling Co Ltd 27 –
41 Furukawa Electric Co Ltd 1,204 0.05 4 Hokkan Holdings Ltd 67 –
15 Furuno Electric Co Ltd 176 0.01 14 Hokko Chemical Industry Co Ltd 69 –
6 Furusato Industries Ltd 107 – 15 Hokkoku Bank Ltd 555 0.02
4 Fuso Pharmaceutical Industries Ltd 110 – 84 Hokuetsu Corp 425 0.02
23 Futaba Corp 366 0.01 11 Hokuetsu Industries Co Ltd 126 –
34 Futaba Industrial Co Ltd 184 0.01 72 Hokuhoku Financial Group Inc 938 0.04
11 Fuyo General Lease Co Ltd 693 0.03 4 Hokuriku Electric Industry Co Ltd 36 –
14 G-Tekt Corp 191 0.01 6 Hokuriku Electrical Construction Co Ltd 55 –
3 Gakken Holdings Co Ltd 112 – 2 Hokuryo Co Ltd 11 –
9 Gecoss Corp 91 – 15 Hokuto Corp 265 0.01
20 Geo Holdings Corp 333 0.01 10 Honeys Holdings Co Ltd 77 –
4 Geomatec Co Ltd 27 – 3 Honshu Chemical Industry Co Ltd 37 –
8 Geostr Corp 37 – 34 Hoosiers Holdings 195 0.01
8 Gfoot Co Ltd 52 – 34 Hosiden Corp 260 0.01
2 GL Sciences Inc 32 – 1 Hosokawa Micron Corp 27 –
33 Glory Ltd 828 0.04 22 House Foods Group Inc 768 0.04
7 Godo Steel Ltd 119 – 8 Howa Machinery Ltd 63 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 245
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 9.82% (continued) Japan - 9.82% (continued)
4 Hurxley Corp 36 – 8 Jastec Co Ltd 73 –
151 Hyakugo Bank Ltd 601 0.03 94 Jimoto Holdings Inc 124 –
15 Hyakujushi Bank Ltd 387 0.01 10 JK Holdings Co Ltd 53 –
5 I-O Data Device Inc 49 – 9 JMS Co Ltd 49 –
79 Ibiden Co Ltd 1,094 0.05 4 Joban Kosan Co Ltd 57 –
18 IBJ Leasing Co Ltd 442 0.03 9 Joshin Denki Co Ltd 230 0.01
3 Ichiken Co Ltd 53 – 10 JSP Corp 205 0.01
13 Ichinen Holdings Co Ltd 165 0.01 12 Juki Corp 161 0.01
2 Ichiyoshi Securities Co Ltd 15 – 22 Juroku Bank Ltd 519 0.02
8 Icom Inc 155 0.01 86 JVC Kenwood Corp 220 0.01
42 IDOM Inc 211 0.01 10 K&O Energy Group Inc 137 0.01
65 Iino Kaiun Kaisha Ltd 257 0.01 74 K's Holdings Corp 782 0.04
13 IJT Technology Holdings Co Ltd 85 – 37 Kadokawa Dwango 455 0.02
3 Ikegami Tsushinki Co Ltd 37 – 11 Kaga Electronics Co Ltd 225 0.01
10 Imagica Group Inc 54 – 15 Kamei Corp 183 0.01
2 Imagineer Co Ltd 18 – 74 Kamigumi Co Ltd 1,659 0.07
11 Imasen Electric Industrial 103 – 12 Kanaden Corp 143 0.01
14 Inaba Denki Sangyo Co Ltd 582 0.03 3 Kanagawa Chuo Kotsu Co Ltd 114 –
6 Inaba Seisakusho Co Ltd 74 – 15 Kanamoto Co Ltd 445 0.02
29 Inabata & Co Ltd 415 0.02 54 Kandenko Co Ltd 562 0.03
11 Ines Corp 125 – 34 Kaneka Corp 1,267 0.06
15 Innotech Corp 156 0.01 5 Kaneko Seeds Co Ltd 67 –
2 Intellex Co Ltd 13 – 46 Kanematsu Corp 585 0.02
17 Internet Initiative Japan Inc 422 0.02 43 Kansai Mirai Financial Group Inc 347 0.01
13 Inui Global Logistics Co Ltd 120 – 6 Kansai Super Market Ltd 61 –
2 Ise Chemicals Corp 45 – 17 Kasai Kogyo Co Ltd 146 0.01
13 Iseki & Co Ltd 209 0.01 5 Katakura & Co-op Agri Corp 49 –
4 Ishihara Chemical Co Ltd 72 – 17 Katakura Industries Co Ltd 179 0.01
24 Ishihara Sangyo Kaisha Ltd 260 0.01 13 Kato Sangyo Co Ltd 416 0.02
2 Ishizuka Glass Co Ltd 28 – 7 Kato Works Co Ltd 183 0.01
28 Itochu Enex Co Ltd 265 0.01 3 Kawada Technologies Inc 241 0.01
4 Itochu-Shokuhin Co Ltd 164 0.01 1 Kawagishi Bridge Works Co Ltd 26 –
33 Itoham Yonekyu Holdings Inc 220 0.01 56 Kawasaki Kisen Kaisha Ltd 809 0.04
27 Itoki Corp 147 0.01 10 Kawasumi Laboratories Inc 54 –
12 IwaiCosmo Holdings Inc 144 0.01 22 Keihanshin Building Co Ltd 178 0.01
24 Iwaki & Co Ltd 112 – 2 Keihin Co Ltd 26 –
4 Iwasaki Electric Co Ltd 50 – 27 Keihin Corp 475 0.02
21 Iwatani Corp 693 0.04 70 Keiyo Bank Ltd 491 0.03
9 Iwatsu Electric Co Ltd 59 – 22 Keiyo Co Ltd 119 –
2 Iwatsuka Confectionery Co Ltd 65 – 3 KEL Corp 20 –
156 Iyo Bank Ltd 962 0.05 4 Kenko Mayonnaise Co Ltd 75 –
46 J Trust Co Ltd 228 0.01 5 Key Coffee Inc 93 –
7 J-Oil Mills Inc 242 0.01 29 Kimoto Co Ltd 56 –
17 Jaccs Co Ltd 312 0.01 12 Kimura Chemical Plants Co Ltd 47 –
19 Jafco Co Ltd 678 0.02 4 Kimura Unity Co Ltd 34 –
13 Janome Sewing Machine Co Ltd 65 – 68 Kinden Corp 1,175 0.05
14 Japan Asia Group Ltd 45 – 3 King Co Ltd 14 –
7 Japan Asia Investment Co Ltd 16 – 2 Kinki Sharyo Co Ltd 51 –
28 Japan Aviation Electronics Industry Ltd 354 0.01 21 Kintetsu World Express Inc 360 0.01
10 Japan Cash Machine Co Ltd 102 – 3 Kirindo Holdings Co Ltd 37 –
386 Japan Display Inc 239 0.01 18 Kissei Pharmaceutical Co Ltd 551 0.03
5 Japan Electronic Materials Corp 31 – 5 Kita-Nippon Bank Ltd 118 –
18 Japan Foundation Engineering Co Ltd 54 – 6 Kitagawa Corp 138 0.01
2 Japan Oil Transportation Co Ltd 38 – 3 Kitano Construction Corp 122 –
7 Japan Pulp & Paper Co Ltd 257 0.01 51 Kitz Corp 437 0.02
2 Japan Pure Chemical Co Ltd 32 – 40 Kiyo Bank Ltd 631 0.03
70 Japan Securities Finance Co Ltd 408 0.01 4 KNT-CT Holdings Co Ltd 47 –
25 Japan Transcity Corp 109 – 14 Koa Corp 183 0.01
36 Japan Wool Textile Co Ltd 289 0.01 16 Koatsu Gas Kogyo Co Ltd 127 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 246
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 9.82% (continued) Japan - 9.82% (continued)
208 Kobe Steel Ltd 1,715 0.07 14 Marubun Corp 102 –
3 Kobelco Eco-Solutions Co Ltd 41 – 15 Marudai Food Co Ltd 264 0.01
1 Kogi Corp 16 – 2 Marufuji Sheet Piling Co Ltd 34 –
10 Kohnan Shoji Co Ltd 235 0.01 4 Maruka Machinery Co Ltd 71 –
7 Kohsoku Corp 72 – 3 Maruyama Manufacturing Co Inc 39 –
24 Kojima Co Ltd 108 – 4 Maruzen CHI Holdings Co Ltd 11 –
46 Kokuyo Co Ltd 704 0.04 7 Maruzen Co Ltd 146 0.01
3 Komaihaltec Inc 56 – 7 Maruzen Showa Unyu Co Ltd 203 0.01
19 Komatsu Matere Co Ltd 148 0.01 10 Matsuda Sangyo Co Ltd 133 –
5 Komatsu Wall Industry Co Ltd 90 – 13 Matsui Construction Co Ltd 96 –
5 Komehyo Co Ltd 55 – 20 Max Co Ltd 256 0.01
19 Komeri Co Ltd 463 0.03 31 Maxell Holdings Ltd 440 0.03
38 Komori Corp 416 0.02 4 Maxvalu Nishinihon Co Ltd 74 –
16 Konaka Co Ltd 68 – 5 Maxvalu Tokai Co Ltd 104 –
11 Kondotec Inc 103 – 358 Mebuki Financial Group Inc 1,082 0.05
19 Konishi Co Ltd 311 0.01 7 Medical System Network Co Ltd 27 –
15 Konoike Transport Co Ltd 234 0.01 26 Megmilk Snow Brand Co Ltd 718 0.04
11 Kosaido Co Ltd 43 – 21 Meidensha Corp 291 0.01
4 Kosei Securities Co Ltd 38 – 4 Meiji Electric Industries Co Ltd 69 –
4 Krosaki Harima Corp 209 0.01 11 Meiji Shipping Co Ltd 35 –
4 KRS Corp 84 – 21 Meisei Industrial Co Ltd 156 0.01
9 KU Holdings Co Ltd 70 – 6 Meito Sangyo Co Ltd 82 –
20 Kumagai Gumi Co Ltd 647 0.03 20 Meiwa Corp 78 –
61 Kumiai Chemical Industry Co Ltd 392 0.01 9 Meiwa Estate Co Ltd 51 –
5 Kunimine Industries Co Ltd 41 – 5 METAWATER Co Ltd 149 0.01
12 Kurabo Industries Ltd 310 0.01 10 Michinoku Bank Ltd 167 0.01
10 Kureha Corp 715 0.04 15 Micronics Japan Co Ltd 134 –
7 Kurimoto Ltd 104 – 29 Mie Kotsu Group Holdings Inc 156 0.01
4 Kuriyama Holdings Corp 63 – 17 Mikuni Corp 86 –
1 Kuroda Precision Industries Ltd 20 – 10 Mimasu Semiconductor Industry Co Ltd 132 –
13 KYB Corp 322 0.01 10 Ministop Co Ltd 175 0.01
5 Kyodo Printing Co Ltd 124 – 4 Miraial Co Ltd 35 –
15 Kyoei Steel Ltd 292 0.01 40 Mirait Holdings Corp 589 0.02
4 Kyokuto Boeki Kaisha Ltd 69 – 14 Misawa Homes Co Ltd 101 –
21 Kyokuto Kaihatsu Kogyo Co Ltd 305 0.01 7 Mitani Corp 332 0.01
13 Kyokuto Securities Co Ltd 151 0.01 7 Mitani Sangyo Co Ltd 19 –
6 Kyokuyo Co Ltd 177 0.01 2 Mitani Sekisan Co Ltd 60 –
27 KYORIN Holdings Inc 653 0.03 44 Mito Securities Co Ltd 118 –
20 Kyoritsu Printing Co Ltd 43 – 22 Mitsuba Corp 143 0.01
26 Kyosan Electric Manufacturing Co Ltd 116 – 4 Mitsubishi Kakoki Kaisha Ltd 55 –
15 Kyowa Electronic Instruments Co Ltd 56 – 37 Mitsubishi Logistics Corp 917 0.04
9 Kyowa Leather Cloth Co Ltd 73 – 73 Mitsubishi Materials Corp 2,053 0.09
68 Kyushu Financial Group Inc 319 0.01 19 Mitsubishi Paper Mills Ltd 100 –
4 Kyushu Leasing Service Co Ltd 25 – 2 Mitsubishi Research Institute Inc 78 –
23 Laox Co Ltd 70 – 9 Mitsubishi Shokuhin Co Ltd 229 0.01
165 Leopalace21 Corp 718 0.04 9 Mitsubishi Steel Manufacturing Co Ltd 161 0.01
27 Lintec Corp 600 0.03 13 Mitsuboshi Belting Ltd 282 0.01
1 LIXIL VIVA Corp 14 – 50 Mitsui E&S Holdings Co Ltd 545 0.02
2 Lonseal Corp 31 – 14 Mitsui High-Tec Inc 162 0.01
3 Look Holdings Inc 27 – 8 Mitsui Matsushima Holdings Co Ltd 115 –
30 Macnica Fuji Electronics Holdings Inc 457 0.02 39 Mitsui Mining & Smelting Co Ltd 901 0.04
75 Maeda Corp 788 0.04 77 Mitsui OSK Lines Ltd 1,807 0.08
35 Maeda Road Construction Co Ltd 688 0.04 10 Mitsui Sugar Co Ltd 266 0.01
4 Maezawa Industries Inc 13 – 15 Mitsui-Soko Holdings Co Ltd 269 0.01
9 Maezawa Kasei Industries Co Ltd 89 – 19 Mitsuuroko Group Holdings Co Ltd 120 –
7 Maezawa Kyuso Industries Co Ltd 116 – 27 Mixi Inc 631 0.02
13 Makino Milling Machine Co Ltd 546 0.02 3 Miyaji Engineering Group Inc 61 –
3 Mamiya-Op Co Ltd 28 – 10 Miyazaki Bank Ltd 296 0.01
6 Mars Group Holdings Corp 124 – 5 Miyoshi Oil & Fat Co Ltd 57 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 247
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 9.82% (continued) Japan - 9.82% (continued)
13 Mizuno Corp 290 0.01 6 Nihon Yamamura Glass Co Ltd 102 –
7 Mochida Pharmaceutical Co Ltd 655 0.02 1 Niitaka Co Ltd 11 –
12 Modec Inc 294 0.01 38 Nikkiso Co Ltd 381 0.01
7 Molitec Steel Co Ltd 29 – 3 Nikko Co Ltd 75 –
13 Money Partners Group Co Ltd 39 – 33 Nikkon Holdings Co Ltd 849 0.03
5 MORESCO Corp 67 – 1 Nippi Inc 33 –
22 Morinaga Milk Industry Co Ltd 653 0.02 35 Nippo Corp 600 0.02
12 Morito Co Ltd 86 – 8 Nippon Beet Sugar Manufacturing Co Ltd 130 –
4 Mory Industries Inc 98 – 4 Nippon Carbide Industries Co Inc 72 –
13 MrMax Holdings Ltd 63 – 10 Nippon Chemi-Con Corp 206 0.01
7 Mugen Estate Co Ltd 40 – 5 Nippon Chemical Industrial Co Ltd 129 –
4 Murakami Corp 102 – 1 Nippon Chemiphar Co Ltd 29 –
24 Musashi Seimitsu Industry Co Ltd 374 0.01 117 Nippon Coke & Engineering Co Ltd 109 –
18 Musashino Bank Ltd 482 0.02 31 Nippon Concrete Industries Co Ltd 83 –
4 Muto Seiko Co 20 – 73 Nippon Denko Co Ltd 174 0.01
3 Mutoh Holdings Co Ltd 50 – 20 Nippon Densetsu Kogyo Co Ltd 441 0.02
9 Nachi-Fujikoshi Corp 400 0.01 1 Nippon Dry-Chemical Co Ltd 14 –
3 Nadex Co Ltd 27 – 58 Nippon Electric Glass Co Ltd 1,570 0.06
5 Nafco Co Ltd 85 – 2 Nippon Felt Co Ltd 8 –
6 Nagano Bank Ltd 83 – 7 Nippon Filcon Co Ltd 38 –
8 Nagano Keiki Co Ltd 71 – 8 Nippon Fine Chemical Co Ltd 80 –
71 Nagase & Co Ltd 1,061 0.04 33 Nippon Flour Mills Co Ltd 563 0.02
11 Nakabayashi Co Ltd 59 – 13 Nippon Hume Corp 113 –
2 Nakamoto Packs Co Ltd 36 – 82 Nippon Kayaku Co Ltd 1,085 0.04
2 Nakamuraya Co Ltd 75 – 3 Nippon Kinzoku Co Ltd 37 –
1 Nakanishi Manufacturing Co Ltd 10 – 9 Nippon Koei Co Ltd 210 0.01
10 Nakano Corp 57 – 5 Nippon Koshuha Steel Co Ltd 28 –
14 Nakayama Steel Works Ltd 73 – 377 Nippon Light Metal Holdings Co Ltd 845 0.03
6 Nakayamafuku Co Ltd 29 – 67 Nippon Paper Industries Co Ltd 1,237 0.05
2 Nakayo Inc 24 – 13 Nippon Pillar Packing Co Ltd 178 0.01
37 Namura Shipbuilding Co Ltd 184 0.01 4 Nippon Piston Ring Co Ltd 68 –
20 Nanto Bank Ltd 454 0.02 3 Nippon Rietec Co Ltd 38 –
4 Narasaki Sangyo Co Ltd 61 – 5 Nippon Road Co Ltd 245 0.01
2 Natori Co Ltd 38 – 28 Nippon Seiki Co Ltd 545 0.02
7 NEC Capital Solutions Ltd 101 – 2 Nippon Seisen Co Ltd 62 –
12 NEC Networks & System Integration Corp 277 0.01 56 Nippon Sheet Glass Co Ltd 477 0.02
23 Neturen Co Ltd 206 0.01 16 Nippon Shokubai Co Ltd 1,076 0.04
22 New Japan Chemical Co Ltd 37 – 37 Nippon Signal Company Ltd 329 0.01
136 NHK Spring Co Ltd 1,214 0.04 17 Nippon Soda Co Ltd 396 0.01
5 Nicca Chemical Co Ltd 56 – 10 Nippon Steel & Sumikin Bussan Corp 441 0.02
5 Nice Holdings Inc 53 – 38 Nippon Thompson Co Ltd 212 0.01
25 Nichi-iko Pharmaceutical Co Ltd 388 0.01 3 Nippon View Hotel Co Ltd 36 –
19 Nichia Steel Works Ltd 57 – 52 Nippon Yakin Kogyo Co Ltd 131 –
35 Nichicon Corp 275 0.01 106 Nippon Yusen KK 1,809 0.07
8 Nichiden Corp 129 – 76 Nipro Corp 1,040 0.04
14 Nichiha Corp 393 0.01 84 Nishi-Nippon Financial Holdings Inc 909 0.03
16 Nichireki Co Ltd 161 0.01 4 Nishikawa Rubber Co Ltd 78 –
5 Nichirin Co Ltd 102 – 33 Nishimatsu Construction Co Ltd 764 0.03
4 Nihon Chouzai Co Ltd 136 – 26 Nishimatsuya Chain Co Ltd 229 0.01
11 Nihon Dempa Kogyo Co Ltd 46 – 11 Nishio Rent All Co Ltd 406 0.01
3 Nihon Dengi Co Ltd 87 – 49 Nissan Shatai Co Ltd 405 0.01
2 Nihon Denkei Co Ltd 28 – 21 Nissan Tokyo Sales Holdings Co Ltd 64 –
5 Nihon Eslead Corp 74 – – Nissei Corp 5 –
26 Nihon House Holdings Co Ltd 115 – 10 Nissei Plastic Industrial Co Ltd 94 –
8 Nihon Kagaku Sangyo Co Ltd 83 – 22 Nissha Co Ltd 346 0.01
21 Nihon Nohyaku Co Ltd 105 – 21 Nisshin Fudosan Co 95 –
6 Nihon Parkerizing Co Ltd 72 – 17 Nisshin Oillio Group Ltd 531 0.02
12 Nihon Plast Co Ltd 94 – 32 Nisshin Steel Co Ltd 420 0.02
9 Nihon Tokushu Toryo Co Ltd 135 – 108 Nisshinbo Holdings Inc 984 0.04
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 248
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 9.82% (continued) Japan - 9.82% (continued)
10 Nissin Corp 164 0.01 2 OUG Holdings Inc 35 –
29 Nissin Electric Co Ltd 241 0.01 13 Oyo Corp 158 0.01
27 Nissin Kogyo Co Ltd 352 0.01 1 Ozu Corp 16 –
9 Nissin Sugar Co Ltd 198 0.01 29 Pacific Industrial Co Ltd 442 0.02
8 Nissui Pharmaceutical Co Ltd 84 – 10 Pacific Metals Co Ltd 308 0.01
11 Nitta Corp 382 0.01 7 Pack Corp 194 0.01
9 Nitta Gelatin Inc 57 – 4 Paltek Corp 20 –
11 Nittan Valve Co Ltd 34 – 12 Parco Co Ltd 133 –
4 Nittetsu Mining Co Ltd 172 0.01 16 Paris Miki Holdings Inc 70 –
17 Nitto Boseki Co Ltd 328 0.01 20 PC Depot Corp 99 –
12 Nitto FC Co Ltd 80 – 14 Pegasus Sewing Machine Manufacturing Co Ltd 100 –
– Nitto Fuji Flour Milling Co Ltd 20 – 3 Pickles Corp 52 –
18 Nitto Kogyo Corp 312 0.01 16 Piolax Inc 380 0.01
6 Nitto Kohki Co Ltd 130 – 224 Pioneer Corp 182 0.01
17 Nitto Seiko Co Ltd 96 – 4 Plant Co Ltd 39 –
7 Nittoc Construction Co Ltd 42 – 12 Plenus Co Ltd 217 0.01
4 NJS Co Ltd 53 – 61 Press Kogyo Co Ltd 330 0.01
6 Noda Corp 46 – 18 Pressance Corp 227 0.01
61 NOK Corp 921 0.03 27 Prospect Co Ltd 5 –
77 Nomura Real Estate Holdings Inc 1,527 0.06 8 Proto Corp 105 –
7 Noritake Co Ltd 358 0.01 21 PS Mitsubishi Construction Co Ltd 134 –
11 Noritsu Koki Co Ltd 192 0.01 6 Punch Industry Co Ltd 31 –
20 Noritz Corp 295 0.01 28 Raito Kogyo Co Ltd 388 0.01
198 North Pacific Bank Ltd 576 0.02 7 Rasa Corp 57 –
5 Nozawa Corp 42 – 1 Rasa Industries Ltd 10 –
7 NS United Kaiun Kaisha Ltd 184 0.01 9 Raysum Co Ltd 98 –
284 NTN Corp 957 0.03 1 Regal Corp 12 –
3 NuFlare Technology Inc 141 0.01 11 Renesas Easton Co Ltd 43 –
27 OAK Capital Corp 39 – 114 Rengo Co Ltd 970 0.05
3 Odelic Co Ltd 95 – 39 Renown Inc 40 –
36 Oenon Holdings Inc 122 – 8 Retail Partners Co Ltd 94 –
22 Ogaki Kyoritsu Bank Ltd 490 0.02 4 Rhythm Watch Co Ltd 69 –
6 Ohashi Technica Inc 78 – 6 Riberesute Corp 46 –
1 Ohmoto Gumi Co Ltd 38 – 9 Ricoh Leasing Co Ltd 306 0.01
14 Oiles Corp 240 0.01 10 Right On Co Ltd 83 –
8 Oita Bank Ltd 252 0.01 6 Riken Corp 315 0.01
24 Okabe Co Ltd 209 0.01 10 Riken Keiki Co Ltd 205 0.01
38 Okamura Corp 550 0.02 23 Riken Technos Corp 105 –
104 Okasan Securities Group Inc 512 0.02 5 Riken Vitamin Co Ltd 167 0.01
3 Okaya Electric Industries Co Ltd 10 – 5 Rion Co Ltd 86 –
45 Oki Electric Industry Co Ltd 594 0.02 1 Rix Corp 18 –
1 Okinawa Cellular Telephone Co 33 – 7 Roland DG Corp 154 0.01
5 OKK Corp 42 – 14 RVH Inc 27 –
14 OKUMA Corp 694 0.03 18 Ryobi Ltd 490 0.02
18 Okumura Corp 614 0.02 10 Ryoden Corp 134 –
6 Okura Industrial Co Ltd 107 – 13 Ryosan Co Ltd 389 0.01
17 Okuwa Co Ltd 187 0.01 13 Ryoyo Electro Corp 213 0.01
3 Olympic Group Corp 24 – 4 S LINE CO Ltd 40 –
5 ONO Sokki Co Ltd 28 – 12 Sac's Bar Holdings Inc 118 –
12 Onoken Co Ltd 173 0.01 8 Saizeriya Co Ltd 159 0.01
77 Onward Holdings Co Ltd 458 0.02 10 Sakai Chemical Industry Co Ltd 241 0.01
5 Organo Corp 127 – 3 Sakai Heavy Industries Ltd 67 –
3 Origin Electric Co Ltd 56 – 4 Sakai Ovex Co Ltd 89 –
10 Osaka Organic Chemical Industry Ltd 119 – 25 Sakata INX Corp 296 0.01
7 Osaka Soda Co Ltd 173 0.01 32 Sala Corp 189 0.01
9 Osaka Steel Co Ltd 157 0.01 15 SAMTY Co Ltd 197 0.01
29 Osaki Electric Co Ltd 210 0.01 3 San Holdings Inc 66 –
65 OSJB Holdings Corp 193 0.01 13 San ju San Financial Group Inc 219 0.01
9 Otsuka Kagu Ltd 25 – 31 San-Ai Oil Co Ltd 350 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 249
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 9.82% (continued) Japan - 9.82% (continued)
94 San-In Godo Bank Ltd 745 0.04 5 Shindengen Electric Manufacturing Co Ltd 195 0.01
13 Sanden Holdings Corp 103 – 10 Shinkawa Ltd 46 –
5 Sanei Architecture Planning Co Ltd 67 – 44 Shinko Electric Industries Co Ltd 315 0.01
29 Sangetsu Corp 552 0.02 23 Shinko Plantech Co Ltd 229 0.01
13 Sanken Electric Co Ltd 287 0.01 12 Shinko Shoji Co Ltd 192 0.01
30 Sanki Engineering Co Ltd 327 0.01 52 Shinmaywa Industries Ltd 693 0.04
13 Sanko Gosei Ltd 43 – 15 Shinnihon Corp 159 0.01
2 Sanko Metal Industrial Co Ltd 56 – 7 Shinoken Group Co Ltd 60 –
– Sankyo Frontier Co Ltd 7 – 105 Shinsei Bank Ltd 1,439 0.06
21 Sankyo Seiko Co Ltd 86 – 3 Shinsho Corp 80 –
18 Sankyo Tateyama Inc 211 0.01 10 Shizuki Electric Co Inc 70 –
17 Sanoh Industrial Co Ltd 95 – 36 Shizuoka Gas Co Ltd 309 0.01
16 Sanoyas Holdings Corp 31 – 7 Shobunsha Publications Inc 33 –
4 Sansei Landic Co Ltd 34 – 7 Shofu Inc 71 –
7 Sansei Technologies Inc 111 – 6 Showa Aircraft Industry Co Ltd 71 –
7 Sansha Electric Manufacturing Co Ltd 65 – 31 Showa Corp 408 0.01
12 Sanshin Electronics Co Ltd 221 0.01 13 Showa Sangyo Co Ltd 320 0.01
1 Sanyei Corp 31 – 1 Showa Shinku Co Ltd 12 –
8 Sanyo Chemical Industries Ltd 387 0.01 2 Sigma Koki Co Ltd 23 –
5 Sanyo Denki Co Ltd 196 0.01 5 Sinanen Holdings Co Ltd 109 –
6 Sanyo Engineering & Construction Inc 35 – 10 Sinfonia Technology Co Ltd 145 0.01
7 Sanyo Housing Nagoya Co Ltd 62 – 10 Sinko Industries Ltd 143 0.01
8 Sanyo Shokai Ltd 141 0.01 30 Sintokogio Ltd 259 0.01
15 Sanyo Special Steel Co Ltd 332 0.01 1 SK-Electronics Co Ltd 21 –
6 Sanyo Trading Co Ltd 114 – 94 SKY Perfect JSAT Holdings Inc 452 0.02
35 Sapporo Holdings Ltd 807 0.04 4 SMK Corp 81 –
9 Sata Construction Co Ltd 34 – 20 SNT Corp 74 –
8 Sato Shoji Corp 74 – 12 Soda Nikka Co Ltd 67 –
12 Satori Electric Co Ltd 110 – 25 Sodick Co Ltd 183 0.01
13 Sawada Holdings Co Ltd 112 – 5 Soft99 Corp 42 –
22 Sawai Pharmaceutical Co Ltd 1,138 0.05 183 Sojitz Corp 649 0.02
3 Saxa Holdings Inc 60 – 5 Soken Chemical & Engineering Co Ltd 72 –
21 Scroll Corp 84 – 7 Soshin Electric Co Ltd 27 –
1 Secom Joshinetsu Co Ltd 27 – 2 Sotoh Co Ltd 20 –
6 Seika Corp 93 – 8 Space Co Ltd 84 –
15 Seikagaku Corp 205 0.01 2 SPK Corp 40 –
23 Seikitokyu Kogyo Co Ltd 135 – 7 St Marc Holdings Co Ltd 176 0.01
17 Seiko Holdings Corp 383 0.01 4 Starzen Co Ltd 163 0.01
92 Seino Holdings Co Ltd 1,364 0.06 2 Step Co Ltd 32 –
17 Sekisui Jushi Corp 328 0.01 1 Subaru Enterprise Co Ltd 39 –
18 Sekisui Plastics Co Ltd 167 0.01 7 Sugimoto & Co Ltd 111 –
64 Senko Group Holdings Co Ltd 498 0.02 15 Sumida Corp 201 0.01
5 Senshu Electric Co Ltd 120 – 4 Suminoe Textile Co Ltd 94 –
151 Senshu Ikeda Holdings Inc 450 0.02 47 Sumiseki Holdings Inc 48 –
19 Senshukai Co Ltd 53 – 20 Sumitomo Bakelite Co Ltd 713 0.04
3 Shibaura Mechatronics Corp 90 – 11 Sumitomo Densetsu Co Ltd 209 0.01
6 Shibusawa Warehouse Co Ltd 82 – 78 Sumitomo Forestry Co Ltd 1,157 0.05
28 Shiga Bank Ltd 708 0.04 22 Sumitomo Osaka Cement Co Ltd 975 0.05
7 Shikibo Ltd 73 – 2 Sumitomo Precision Products Co Ltd 62 –
23 Shikoku Bank Ltd 289 0.01 25 Sumitomo Riko Co Ltd 246 0.01
21 Shikoku Chemicals Corp 230 0.01 80 Sumitomo Rubber Industries Ltd 1,076 0.05
25 Shimachu Co Ltd 668 0.02 6 Sumitomo Seika Chemicals Co Ltd 255 0.01
3 Shimane Bank Ltd 21 – 39 Sumitomo Warehouse Co Ltd 507 0.02
6 Shimizu Bank Ltd 92 – 18 Sun Frontier Fudousan Co Ltd 190 0.01
6 Shimojima Co Ltd 55 – 6 Sun-Wa Technos Corp 65 –
9 Shin Nippon Air Technologies Co Ltd 164 0.01 13 Suncall Corp 80 –
12 Shin Nippon Biomedical Laboratories Ltd 77 – 1 Suzuden Corp 11 –
26 Shin-Etsu Polymer Co Ltd 189 0.01 6 Suzuki Co Ltd 39 –
4 Shinagawa Refractories Co Ltd 152 0.01 15 SWCC Showa Holdings Co Ltd 95 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 250
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 9.82% (continued) Japan - 9.82% (continued)
21 Systemsoft Corp 21 – 12 Tobishima Corp 159 0.01
14 T Hasegawa Co Ltd 192 0.01 35 TOC Co Ltd 262 0.01
5 T RAD Co Ltd 115 – 51 Tochigi Bank Ltd 132 –
14 T&K Toka Co Ltd 144 0.01 119 Toda Corp 802 0.03
20 Tachi-S Co Ltd 281 0.01 3 Toda Kogyo Corp 63 –
9 Tachibana Eletech Co Ltd 147 0.01 4 Toei Co Ltd 463 0.02
7 Tachikawa Corp 77 – 6 Toenec Corp 160 0.01
60 Tadano Ltd 724 0.04 2 Togami Electric Manufacturing Co Ltd 27 –
11 Taihei Dengyo Kaisha Ltd 268 0.01 130 Toho Bank Ltd 431 0.02
6 Taiheiyo Kouhatsu Inc 48 – 4 Toho Co Ltd 93 –
11 Taiho Kogyo Co Ltd 111 – 32 Toho Holdings Co Ltd 842 0.03
13 Taikisha Ltd 368 0.01 7 Toho Zinc Co Ltd 247 0.01
4 Taiko Bank Ltd 81 – 6 Tohoku Bank Ltd 76 –
3 Taisei Lamick Co Ltd 87 – 2 Tohoku Steel Co Ltd 24 –
1 Taisei Oncho Co Ltd 12 – 8 Tohokushinsha Film Corp 43 –
3 Takachiho Koheki Co Ltd 29 – 1 Tohto Suisan Co Ltd 18 –
8 Takamatsu Construction Group Co Ltd 200 0.01 9 Tokai Corp 229 0.01
1 Takamatsu Machinery Co Ltd 5 – 2 Tokai Lease Co Ltd 40 –
5 Takano Co Ltd 41 – 37 Tokai Rika Co Ltd 678 0.02
8 Takaoka Toko Co Ltd 114 – 122 Tokai Tokyo Financial Holdings Inc 599 0.02
50 Takara Leben Co Ltd 151 0.01 5 Token Corp 316 0.01
24 Takara Standard Co Ltd 368 0.01 6 Tokushu Tokai Paper Co Ltd 241 0.01
9 Takasago International Corp 323 0.01 62 Tokyo Dome Corp 572 0.02
26 Takasago Thermal Engineering Co Ltd 465 0.02 4 Tokyo Electron Device Ltd 71 –
3 Takashima & Co Ltd 52 – 15 Tokyo Energy & Systems Inc 130 –
98 Takashimaya Co Ltd 1,419 0.06 9 Tokyo Keiki Inc 87 –
6 Take And Give Needs Co Ltd 109 – 20 Tokyo Kiraboshi Financial Group Inc 364 0.01
5 Takebishi Corp 64 – 21 Tokyo Ohka Kogyo Co Ltd 663 0.02
14 Takeei Corp 105 – 1 Tokyo Printing Ink Manufacturing Co Ltd 13 –
1 Taki Chemical Co Ltd 102 – 5 Tokyo Radiator Manufacturing Co Ltd 37 –
– Takigami Steel Construction Co Ltd 14 – 2 Tokyo Rakutenchi Co Ltd 73 –
4 Takihyo Co Ltd 66 – 9 Tokyo Rope Manufacturing Co Ltd 87 –
4 Takisawa Machine Tool Co Ltd 53 – 12 Tokyo Sangyo Co Ltd 61 –
26 Takuma Co Ltd 365 0.01 22 Tokyo Seimitsu Co Ltd 656 0.02
10 Tamron Co Ltd 167 0.01 54 Tokyo Steel Manufacturing Co Ltd 468 0.02
42 Tamura Corp 244 0.01 128 Tokyo Tatemono Co Ltd 1,463 0.06
4 Tanabe Engineering Corp 34 – 4 Tokyo Tekko Co Ltd 46 –
27 Tatsuta Electric Wire and Cable Co Ltd 129 – 5 Tokyo Theatres Co Inc 59 –
5 Tayca Corp 94 – 296 Tokyu Fudosan Holdings Corp 1,665 0.07
15 TBK Co Ltd 59 – 2 Tokyu Recreation Co Ltd 77 –
3 Techno Medica Co Ltd 56 – 31 Toli Corp 82 –
5 Techno Ryowa Ltd 41 – 5 Tomato Bank Ltd 60 –
5 Techno Smart Corp 41 – 2 Tomen Devices Corp 35 –
108 Teijin Ltd 1,870 0.08 18 Tomoe Corp 72 –
10 Teikoku Sen-I Co Ltd 221 0.01 5 Tomoe Engineering Co Ltd 109 –
6 Teikoku Tsushin Kogyo Co Ltd 67 – 3 Tomoegawa Co Ltd 28 –
8 Tekken Corp 207 0.01 7 Tomoku Co Ltd 120 –
12 Tenma Corp 217 0.01 102 TOMONY Holdings Inc 423 0.02
4 Tenox Corp 26 – 4 Tonami Holdings Co Ltd 213 0.01
7 Teraoka Seisakusho Co Ltd 32 – 30 Toppan Forms Co Ltd 276 0.01
2 TESEC Corp 32 – 20 Topre Corp 411 0.02
7 Tigers Polymer Corp 45 – 11 Topy Industries Ltd 258 0.01
14 Toa Corp (Hyogo) 154 0.01 4 Torex Semiconductor Ltd 59 –
10 Toa Corp (Tokyo) 140 0.01 11 Torigoe Co Ltd 92 –
4 Toa Oil Co Ltd 69 – 10 Torii Pharmaceutical Co Ltd 225 0.01
3 Toa Road Corp 86 – 12 Torishima Pump Manufacturing Co Ltd 111 –
3 Toabo Corp 13 – 18 Tosei Corp 167 0.01
66 Toagosei Co Ltd 729 0.03 14 Toshiba Machine Co Ltd 242 0.01
2 Toba Inc 38 – 3 Toshiba Plant Systems & Services Corp 68 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 251
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 9.82% (continued) Japan - 9.82% (continued)
14 Tosho Printing Co Ltd 103 – 4 Watts Co Ltd 27 –
6 Tottori Bank Ltd 86 – 4 Wavelock Holdings Co Ltd 30 –
3 Toukei Computer Co Ltd 81 – 5 Wood One Co Ltd 50 –
24 Towa Bank Ltd 196 0.01 19 Xebio Holdings Co Ltd 240 0.01
12 Towa Corp 77 – 7 YAC Holdings Co Ltd 48 –
42 Toyo Construction Co Ltd 157 0.01 5 Yachiyo Industry Co Ltd 34 –
14 Toyo Corp 113 – 1 Yagi & Co Ltd 12 –
5 Toyo Denki Seizo KK 64 – 17 Yahagi Construction Co Ltd 114 –
22 Toyo Engineering Corp 167 0.01 4 Yaizu Suisankagaku Industry Co Ltd 35 –
2 Toyo Gosei Co Ltd 15 – 20 Yamabiko Corp 224 0.01
23 Toyo Ink SC Holdings Co Ltd 579 0.02 20 Yamagata Bank Ltd 419 0.02
6 Toyo Kanetsu KK 124 – 132 Yamaguchi Financial Group Inc 1,367 0.06
5 Toyo Logistics Co Ltd 12 – 21 Yamanashi Chuo Bank Ltd 302 0.01
10 Toyo Machinery & Metal Co Ltd 51 – 28 Yamashina Corp 22 –
47 Toyo Securities Co Ltd 85 – 7 Yamatane Corp 116 –
39 Toyo Seikan Group Holdings Ltd 877 0.03 10 Yamato Corp 57 –
7 Toyo Tanso Co Ltd 179 0.01 11 Yamato International Inc 43 –
51 Toyo Tire & Rubber Co Ltd 812 0.03 27 Yamato Kogyo Co Ltd 695 0.03
4 Toyo Wharf & Warehouse Co Ltd 56 – 4 Yamaura Corp 29 –
57 Toyobo Co Ltd 824 0.03 2 Yamaya Corp 45 –
41 Toyoda Gosei Co Ltd 789 0.03 2 Yamazawa Co Ltd 27 –
13 TPR Co Ltd 316 0.01 33 Yamazen Corp 354 0.01
2 Trinity Industrial Corp 10 – 11 Yashima Denki Co Ltd 79 –
27 TS Tech Co Ltd 777 0.03 11 Yasuda Logistics Corp 86 –
46 TSI Holdings Co Ltd 308 0.01 9 Yellow Hat Ltd 240 0.01
16 Tsubakimoto Chain Co 592 0.02 13 Yodogawa Steel Works Ltd 287 0.01
3 Tsubakimoto Kogyo Co Ltd 86 – 19 Yokogawa Bridge Holdings Corp 306 0.01
3 Tsudakoma Corp 61 – 24 Yokohama Reito Co Ltd 204 0.01
10 Tsukada Global Holdings Inc 55 – 70 Yokohama Rubber Co Ltd 1,463 0.06
17 Tsukishima Kikai Co Ltd 193 0.01 7 Yokowo Co Ltd 107 –
47 Tsukuba Bank Ltd 101 – 4 Yomeishu Seizo Co Ltd 92 –
11 Tsurumi Manufacturing Co Ltd 183 0.01 3 Yomiuri Land Co Ltd 93 –
5 Tsutsumi Jewelry Co Ltd 100 – 3 Yondenko Corp 82 –
15 TV Asahi Holdings Corp 311 0.01 9 Yondoshi Holdings Inc 189 0.01
11 Tv Tokyo Holdings Corp 259 0.01 13 Yorozu Corp 168 0.01
15 TYK Corp 60 – 12 Yotai Refractories Co Ltd 74 –
13 U-Shin Ltd 112 – 2 Yuasa Funashoku Co Ltd 67 –
21 UACJ Corp 431 0.02 9 Yuasa Trading Co Ltd 312 0.01
70 Ube Industries Ltd 1,602 0.07 2 Yuken Kogyo Co Ltd 36 –
4 Uchida Yoko Co Ltd 95 – 28 Yurtec Corp 229 0.01
11 Uchiyama Holdings Co Ltd 46 – 8 Yushiro Chemical Industry Co Ltd 91 –
2 Ueki Corp 32 – 2 Yutaka Giken Co Ltd 30 –
9 UKC Holdings Corp 193 0.01 2 Zaoch Co Ltd 25 –
4 Uniden Holdings Corp 89 – 2 Zenitaka Corp 87 –
2 UNIMAT Retirement Community Co Ltd 43 – 91 Zeon Corp 931 0.03
26 Unipres Corp 493 0.02 1 Zojirushi Corp 13 –
3 UNITED Inc 54 – 3 Zuiko Corp 70 –
34 United Super Markets Holdings Inc 396 0.01 9 Zuken Inc 145 0.01
3 Uoriki Co Ltd 41 – 268,811 9.82
72 Ushio Inc 807 0.04 Netherlands - 0.82%
11 Utoc Corp 53 – 13 Accell Group NV 270 0.01
20 Valor Holdings Co Ltd 524 0.02 2 Amsterdam Commodities NV 30 –
4 Vertex Corp 43 – 34 APERAM SA 972 0.04
5 Village Vanguard Co Ltd 43 – 54 Arcadis NV 683 0.02
28 Vital KSK Holdings Inc 294 0.01 32 ASM International NV 1,370 0.05
34 Wacoal Holdings Corp 918 0.04 101 ASR Nederland NV 4,362 0.16
8 Wakachiku Construction Co Ltd 120 – 47 BinckBank NV 233 0.01
26 Wakita & Co Ltd 298 0.01 52 Boskalis Westminster 1,448 0.05
9 Warabeya Nichiyo Holdings Co Ltd 161 0.01 4 Brunel International NV 49 –
13 ForFarmers NV 126 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 252
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Netherlands - 0.82% (continued) Norway - 0.40% (continued)
50 Fugro NV 613 0.02 27 FLEX LNG Ltd 47 –
42 Gemalto NV 2,420 0.09 47 Frontline Ltd 342 0.01
16 Heijmans NV 160 0.01 32 Hoegh LNG Holdings Ltd 164 0.01
3 Hunter Douglas NV 192 0.01 206 Kongsberg Automotive ASA 217 0.01
36 Intertrust NV 574 0.02 20 Kongsberg Gruppen ASA 283 0.01
12 KAS Bank NV 85 – 117 Kvaerner ASA 169 0.01
7 Kendrion NV 192 0.01 14 Norwegian Air Shuttle ASA 365 0.01
163 Koninklijke BAM Groep NV 514 0.02 32 Ocean Yield ASA 240 0.01
36 Koninklijke Vopak NV 1,577 0.06 56 Odfjell Drilling Ltd 185 0.01
64 Ordina NV 110 – 4 Odfjell SE 16 –
52 Randstad NV 2,545 0.09 53 Otello Corp ASA 78 –
123 SBM Offshore NV 1,863 0.07 221 Petroleum Geo-Services ASA 475 0.02
68 Signify NV 1,820 0.07 16 Prosafe SE 31 –
7 Van Lanschot Kempen NV 187 0.01 13 Q-Free ASA 11 –
22,395 0.82 1,586 REC Silicon ASA 126 –
New Zealand - 0.23% 34 Sbanken ASA 337 0.01
317 Air New Zealand Ltd 670 0.02 22 Selvaag Bolig ASA 99 –
47 Arvida Group Ltd 42 – 55 Solstad Offshore ASA 14 –
233 Chorus Ltd 768 0.04 95 SpareBank 1 SR-Bank ASA 1,023 0.04
5 Comvita Ltd 21 – 19 Stolt-Nielsen Ltd 226 0.01
44 Ebos Group Ltd 645 0.02 224 Storebrand ASA 1,760 0.07
56 Evolve Education Group Ltd 13 – 48 Subsea 7 SA 520 0.02
285 Heartland Group Holdings Ltd 294 0.01 160 Thin Film Electronics ASA 15 –
81 Kathmandu Holdings Ltd 153 0.01 41 Treasure ASA 52 –
93 Metlifecare Ltd 353 0.01 35 Wallenius Wilhelmsen ASA 130 –
48 Metro Performance Glass Ltd 16 – 8 Wilh Wilhelmsen Holding ASA 157 0.01
5 NEW Zealand King Salmon Investments Ltd 9 – 6 XXL ASA 30 –
108 New Zealand Refining Co Ltd 173 0.01 10,931 0.40
1 Nireco Corp 11 – Portugal - 0.18%
72 NZME Ltd 25 – 5,552 Banco Comercial Portugues SA 1,564 0.06
27 Oceania Healthcare Ltd 21 – 961 Banco Espirito Santo SA – –
109 PGG Wrightson Ltd 43 – 118 EDP Renovaveis SA 1,027 0.04
13 Sanford Ltd 63 – 31 Mota-Engil SGPS SA 61 –
104 Skellerup Holdings Ltd 146 0.01 111 Navigator Co SA 465 0.02
206 SKY Network Television Ltd 334 0.01 131 NOS SGPS SA 816 0.03
336 SKYCITY Entertainment Group Ltd 832 0.03 16 Semapa-Sociedade de Investimento e Gestao 260 0.01
65 Steel & Tube Holdings Ltd 55 – 75 Sonae Capital SGPS SA 68 –
131 Summerset Group Holdings Ltd 595 0.02 612 Sonae SGPS SA 581 0.02
33 Tourism Holdings Ltd 112 – 17 Teixeira Duarte SA 3 –
124 Tower Ltd 66 – 4,845 0.18
163 Trade Me Group Ltd 688 0.04 Singapore - 0.38%
40 Warehouse Group Ltd 58 – 369 Accordia Golf Trust 145 0.01
6,206 0.23 48 Amara Holdings Ltd 16 –
Norway - 0.40% 31 Baker Technology Ltd 11 –
121 Akastor ASA 179 0.01 174 Banyan Tree Holdings Ltd 67 –
96 Aker Solutions ASA 486 0.02 122 Boustead Singapore Ltd 71 –
34 American Shipping Co ASA 132 – 95 Bukit Sembawang Estates Ltd 386 0.01
31 Archer Ltd 22 – 73 China Sunsine Chemical Holdings Ltd 69 –
60 Austevoll Seafood ASA 830 0.03 246 Chip Eng Seng Corp Ltd 134 –
36 Avance Gas Holding Ltd 80 – 96 Chuan Hup Holdings Ltd 21 –
68 Axactor SE 166 0.01 249 CSE Global Ltd 78 –
58 B2Holding ASA 94 – 5 Delong Holdings Ltd 24 –
15 Bonheur ASA 173 0.01 223 DMX Technologies Group Ltd – –
40 Borregaard ASA 368 0.01 9 Elec & Eltek International Co Ltd 12 –
50 BW LPG Ltd 195 0.01 1,398 Ezion Holdings Ltd 63 –
78 BW Offshore Ltd 340 0.01 1,374 Ezra Holdings Ltd 10 –
299 DNO ASA 504 0.02 105 Far East Orchard Ltd 96 –
107 DOF ASA 56 – 142 Frasers Property Ltd 168 0.01
70 Europris ASA 194 0.01 141 Frencken Group Ltd 41 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 253
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Singapore - 0.38% (continued) Spain - 0.96% (continued)
330 Fu Yu Corp Ltd 46 – 116 Acerinox SA 1,158 0.04
64 GK Goh Holdings Ltd 43 – 9 Adveo Group International SA 5 –
30 GL Ltd 16 – 40 Almirall SA 688 0.03
3,324 Golden Agri-Resources Ltd 593 0.03 75 Applus Services SA 904 0.03
132 GuocoLand Ltd 166 0.01 4 Azkoyen SA 36 –
88 Halcyon Agri Corp Ltd 26 – 3,506 Banco de Sabadell SA 4,487 0.16
152 Hanwell Holdings Ltd 22 – 207 Bankinter SA 1,734 0.06
79 Haw Par Corp Ltd 740 0.04 1 Baron de Ley 120 –
23 Hiap Hoe Ltd 15 – 11 Construcciones y Auxiliar de Ferrocarriles SA 412 0.02
103 Ho Bee Land Ltd 183 0.01 334 Deoleo SA 30 –
168 Hong Fok Corp Ltd 83 – 1,425 Duro Felguera SA 21 –
203 Hong Leong Asia Ltd 77 – 56 Ebro Foods SA 1,153 0.04
118 Hong Leong Finance Ltd 222 0.01 76 eDreams Odigeo SA 282 0.01
36 Hotel Grand Central Ltd 34 – 11 Elecnor SA 153 0.01
10 Hour Glass Ltd 5 – 80 Enagas SA 2,209 0.08
2,608 Hutchison Port Holdings Trust 680 0.03 97 Ence Energia y Celulosa SA 612 0.02
33 Hwa Hong Corp Ltd 7 – 80 Ercros SA 334 0.01
359 Hyflux Ltd 5 – 50 Euskaltel SA 440 0.02
189 Indofood Agri Resources Ltd 28 – 26 Grupo Catalana Occidente SA 1,019 0.04
204 Japfa Ltd 107 – 6 Iberpapel Gestion SA 202 0.01
58 Keppel Telecommunications & Transportation Ltd 78 – 1,680 Liberbank SA 798 0.04
89 KSH Holdings Ltd 35 – 771 Mapfre SA 2,208 0.09
255 Lian Beng Group Ltd 86 – 55 Mediaset Espana Comunicacion SA 385 0.01
72 Low Keng Huat Singapore Ltd 28 – 74 Melia Hotels International SA 745 0.03
33 Lum Chang Holdings Ltd 8 – – Miquel y Costas & Miquel SA, Class A 8 –
281 Metro Holdings Ltd 224 0.01 – Miquel y Costas & Miquel SA, Class C 5 –
828 Midas Holdings Ltd 43 – 48 Natra SA 54 –
176 Nam Cheong Ltd 1 – 88 Obrascon Huarte Lain SA 88 –
69 Olam International Ltd 85 – 33 Papeles y Cartones de Europa SA 626 0.02
174 OUE Ltd 194 0.01 2 Parques Reunidos Servicios Centrales SAU 26 –
319 Oxley Holdings Ltd 69 – 74 Quabit Inmobiliaria SA 142 0.01
135 Pacc Offshore Services Holdings Ltd 19 – 285 Sacyr SA 665 0.02
68 QAF Ltd 30 – 122 Siemens Gamesa Renewable Energy SA 1,732 0.07
373 Raffles Education Corp Ltd 37 – 47 Talgo SA 270 0.01
267 RHT Health Trust 147 0.01 18 Telepizza Group SA 88 –
105 Rickmers Maritime – – 79 Tubacex SA 268 0.01
467 Sembcorp Industries Ltd 892 0.04 84 Tubos Reunidos SA 18 –
107 SHS Holdings Ltd 17 – 39 Vocento SA 48 –
520 SIIC Environment Holdings Ltd 101 – 26,164 0.96
508 Sinarmas Land Ltd 97 – Sweden - 1.03%
76 Sing Holdings Ltd 21 – 21 AcadeMedia AB 102 –
32 Sing Investments & Finance Ltd 35 – 115 Acando AB 386 0.01
463 Singapore Press Holdings Ltd 894 0.04 3 AddNode Group AB 31 –
227 Sino Grandness Food Industry Group Ltd 24 – 37 AF AB 744 0.03
176 Stamford Land Corp Ltd 63 – 109 Ahlsell AB 528 0.02
85 Sunningdale Tech Ltd 87 – 28 Alimak Group AB 379 0.01
137 Swiber Holdings Ltd 2 – 35 Anoto Group AB 11 –
288 Tuan Sing Holdings Ltd 73 – 4 Arise AB 9 –
267 United Engineers Ltd 507 0.02 99 Arjo AB 336 0.01
85 United Industrial Corp Ltd 175 0.01 66 Attendo AB 602 0.02
128 UOB-Kay Hian Holdings Ltd 111 – 5 BE Group AB 20 –
263 UOL Group Ltd 1,173 0.05 1 Beijer Electronics Group AB 3 –
141 Vibrant Group Ltd 16 – 20 Beijer Ref AB 350 0.01
150 Wheelock Properties Singapore Ltd 230 0.01 21 Bergman & Beving AB 211 0.01
232 Wing Tai Holdings Ltd 331 0.02 2 Besqab AB 25 –
293 Yongnam Holdings Ltd 36 – 76 Betsson AB 613 0.02
10,479 0.38 50 Bilia AB 475 0.02
Spain - 0.96% 96 BillerudKorsnas AB 1,285 0.05
22 Acciona SA 1,991 0.07 14 Bjorn Borg AB 32 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 254
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Sweden - 1.03% (continued) Sweden - 1.03% (continued)
2 Bonava AB, Class A 30 – 137 Sensys Gatso Group AB 30 –
51 Bonava AB, Class B 621 0.02 269 SSAB AB 784 0.04
86 Bravida Holding AB 615 0.02 79 SSAB AB, Class A 283 0.01
27 Bufab AB 269 0.01 1 Systemair AB 13 –
14 Bulten AB 159 0.01 4 VBG Group AB 50 –
48 Bure Equity AB 599 0.02 28,128 1.03
36 Byggmax Group AB 137 0.01 Switzerland - 1.74%
6 Cavotec SA 11 – 65 Adecco Group AG 3,247 0.12
9 Clas Ohlson AB 80 – 8 Allreal Holding AG 1,294 0.05
131 Cloetta AB 375 0.01 3 Alpiq Holding AG 240 0.01
16 Collector AB 101 – 3 ALSO Holding AG 376 0.01
13 Coor Service Management Holding AB 100 – 33 Arbonia AG 402 0.01
194 Dometic Group AB 1,388 0.05 597 Aryzta AG 800 0.03
15 Doro AB 59 – 2 Autoneum Holding AG 337 0.01
22 Duni AB 263 0.01 31 Baloise Holding AG 4,499 0.16
15 Eastnine AB 146 0.01 1 Banque Cantonale de Geneve 219 0.01
8 Elanders AB 77 – 2 Banque Cantonale Vaudoise 1,357 0.05
14 Eltel AB 22 – 1 Bell Food Group AG 346 0.01
6 Enea AB 58 – 6 Bellevue Group AG 116 –
125 Fingerprint Cards AB 164 0.01 3 Berner Kantonalbank AG 527 0.02
164 Getinge AB 1,690 0.06 5 Bobst Group SA 368 0.01
73 Granges AB 739 0.03 4 Bucher Industries AG 994 0.04
37 Gunnebo AB 102 – 2 Calida Holding AG 77 –
21 Haldex AB 167 0.01 – Carlo Gavazzi Holding AG 72 –
32 Hoist Finance AB 251 0.01 – Cham Group AG 27 –
79 Holmen AB 1,662 0.06 1 Cicor Technologies Ltd 48 –
2 Humana AB 12 – 2 Cie Financiere Tradition SA 206 0.01
33 Husqvarna AB 262 0.01 119 Clariant AG 2,352 0.09
53 Intrum AB 1,418 0.06 1 Conzzeta AG 638 0.02
32 Inwido AB 221 0.01 – Dottikon Es Holding AG 21 –
46 JM AB 879 0.03 19 Dufry AG 2,009 0.07
67 KappAhl AB 177 0.01 76 EFG International AG 523 0.02
46 Karo Pharma AB 190 0.01 1 Emmi AG 930 0.03
59 Lindab International AB 442 0.02 3 Energiedienst Holding AG 88 –
45 Loomis AB 1,520 0.07 179 Evolva Holding SA 44 –
27 Medivir AB 97 – 1 Feintool International Holding AG 115 –
18 Mekonomen AB 183 0.01 10 Flughafen Zurich AG 1,601 0.06
17 Momentum Group AB 157 0.01 131 GAM Holding AG 690 0.03
25 MQ Holding AB 33 – – Gurit Holding AG 243 0.01
12 NCC AB 181 0.01 4 Helvetia Holding AG 2,325 0.08
1 Nederman Holding AB 10 – 1 HOCHDORF Holding AG 94 –
23 Net Insight AB 7 – 8 Huber & Suhner AG 579 0.02
52 New Wave Group AB 294 0.01 10 Implenia AG 521 0.02
64 Nobia AB 385 0.01 2 Jungfraubahn Holding AG 271 0.01
4 Nordic Waterproofing Holding AS 34 – 20 Kudelski SA 132 –
197 Opus Group AB 118 – 3 Lastminute.com NV 52 –
37 Pandox AB 589 0.02 7 Liechtensteinische Landesbank AG 439 0.02
119 Peab AB 964 0.05 2 Luzerner Kantonalbank AG 791 0.03
85 Pricer AB 94 – 1 MCH Group AG 36 –
60 Qliro Group AB 77 – 2 Meier Tobler Group AG 38 –
31 Radisson Hospitality AB 125 – – Metall Zug AG 315 0.01
143 Ratos AB 389 0.01 1 Mikron Holding AG 10 –
38 Recipharm AB 566 0.02 6 Mobimo Holding AG 1,297 0.06
45 Resurs Holding AB 293 0.01 111 OC Oerlikon Corp AG 1,309 0.06
51 Rottneros AB 56 – 8 Orascom Development Holding AG 125 –
231 SAS AB 568 0.02 – Orell Fuessli Holding AG 23 –
34 Scandi Standard AB 218 0.01 3 Orior AG 287 0.01
36 Scandic Hotels Group AB 323 0.01 – Phoenix Mecano AG 166 0.01
11 Semcon AB 59 – 1 Plazza AG 150 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 255
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Switzerland - 1.74% (continued) United Kingdom - 5.73% (continued)
2 Rieter Holding AG 251 0.01 84 CMC Markets PLC 121 –
345 Schmolz & Bickenbach AG 206 0.01 1,079 Cobham PLC 1,410 0.05
1 Schweiter Technologies AG 603 0.02 137 Communisis PLC 124 –
3 SFS Group AG 266 0.01 30 Computacenter PLC 413 0.02
2 Siegfried Holding AG 823 0.03 27 Consort Medical PLC 345 0.01
2 St Galler Kantonalbank AG 737 0.03 49 Costain Group PLC 231 0.01
1 Sulzer AG 111 – 159 Countryside Properties PLC 589 0.02
19 Sunrise Communications Group AG 1,675 0.07 184 Countrywide PLC 20 –
46 Swiss Prime Site AG 3,828 0.15 198 Crest Nicholson Holdings PLC 868 0.03
8 Swissquote Group Holding SA 369 0.01 359 CYBG PLC 941 0.03
2 Tamedia AG 156 0.01 136 Daily Mail & General Trust PLC 1,078 0.04
1 Thurgauer Kantonalbank 81 – 648 Debenhams PLC 54 –
1 Tornos Holding AG 9 – 92 Devro PLC 212 0.01
1 u-blox Holding AG 73 – 14 DFS Furniture PLC 37 –
14 Valiant Holding AG 1,513 0.06 1 Dialight PLC 3 –
2 Valora Holding AG 517 0.02 834 Direct Line Insurance Group PLC 3,496 0.13
1 Vaudoise Assurances Holding SA 373 0.01 43 DiscoverIE Group PLC 187 0.01
– Vetropack Holding AG 303 0.01 536 Dixons Carphone PLC 1,109 0.04
11 Von Roll Holding AG 11 – 283 Drax Group PLC 1,418 0.05
14 Vontobel Holding AG 825 0.03 55 DS Smith PLC 236 0.01
2 VP Bank AG 336 0.01 81 easyJet PLC 1,157 0.04
1 Walliser Kantonalbank 102 – 329 Elementis PLC 826 0.03
7 Zehnder Group AG 276 0.01 1,244 EnQuest PLC 359 0.01
– Zug Estates Holding AG 197 0.01 380 Enterprise Inns PLC 895 0.03
– Zuger Kantonalbank AG 183 0.01 104 Entertainment One Ltd 489 0.02
47,590 1.74 183 Equiniti Group PLC 529 0.02
United Kingdom - 5.73% 181 Ferrexpo PLC 408 0.01
165 Acacia Mining PLC 389 0.01 192 Filtrona PLC 942 0.03
148 Aggreko PLC 1,413 0.05 961 Firstgroup PLC 1,099 0.04
175 Amerisur Resources PLC 29 – 81 Flybe Group PLC 21 –
109 Anglo Pacific Group PLC 200 0.01 163 Foxtons Group PLC 100 –
11 Anglo-Eastern Plantations PLC 79 – 16 Fuller Smith & Turner PLC 187 0.01
313 Babcock International Group PLC 2,272 0.08 100 Galliford Try PLC 917 0.03
404 Balfour Beatty PLC 1,295 0.05 23 GAME Digital PLC 8 –
26 Bank of Georgia Group PLC 463 0.02 87 Gem Diamonds Ltd 117 –
716 Barratt Developments PLC 4,236 0.15 1 Genus PLC 25 –
612 BBA Aviation PLC 1,861 0.07 26 Georgia Capital PLC 366 0.01
302 Beazley PLC 2,157 0.08 147 Grafton Group PLC 1,335 0.05
92 Bellway PLC 2,978 0.11 112 Grainger PLC 363 0.01
76 Berkeley Group Holdings PLC 3,124 0.11 523 Greencore Group PLC 1,258 0.05
11 Biffa PLC 29 – 255 Greene King PLC 1,791 0.07
50 Bloomsbury Publishing PLC 131 – 154 Gulf Keystone Petroleum Ltd 363 0.01
117 Bodycote PLC 1,105 0.04 87 Gulf Marine Services PLC 39 –
94 Bovis Homes Group PLC 1,029 0.04 610 GVC CVR 84 –
43 BowLeven PLC 14 – 372 GVC Holdings PLC 3,504 0.13
14 Braemar Shipping Services PLC 40 – 6 Gym Group PLC 20 –
191 BTG PLC 2,039 0.07 161 Halfords Group PLC 604 0.02
467 Cairn Energy PLC 1,047 0.04 22 Hastings Group Holdings PLC 54 –
20 CareTech Holdings PLC 92 – 46 Headlam Group PLC 254 0.01
31 Carr's Group PLC 63 – 80 Helical PLC 327 0.01
6 Castings PLC 31 – 33 Henry Boot PLC 110 –
680 Centamin PLC 907 0.03 25 Hikma Pharmaceuticals PLC 559 0.02
17 Centaur Media PLC 9 – 159 Hiscox Ltd 3,412 0.12
216 Chemring Group PLC 462 0.02 198 Hochschild Mining PLC 410 0.01
54 Chesnara PLC 245 0.01 5 Hostelworld Group PLC 14 –
560 Cineworld Group PLC 1,974 0.07 108 Hunting PLC 784 0.03
130 Circassia Pharmaceuticals PLC 95 – 183 Huntsworth PLC 248 0.01
21 Clarkson PLC 630 0.02 148 Ibstock PLC 405 0.01
114 Close Brothers Group PLC 2,194 0.08 246 Inchcape PLC 1,825 0.07
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 256
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United Kingdom - 5.73% (continued) United Kingdom - 5.73% (continued)
64 Informa PLC 564 0.02 560 Premier Foods PLC 257 0.01
13 Inmarsat PLC 69 – 654 Premier Oil PLC 590 0.02
155 Intermediate Capital Group PLC 2,014 0.07 32 Provident Financial PLC 252 0.01
61 International Ferro Metals Ltd – – 193 PZ Cussons PLC 570 0.02
155 International Personal Finance PLC 432 0.02 344 QinetiQ Group PLC 1,307 0.05
81 Interserve PLC 29 – 7 Quilter PLC 11 –
438 Investec PLC 2,670 0.10 90 Rank Group PLC 184 0.01
182 IP Group PLC 272 0.01 1 REA Holdings PLC 3 –
9 IQE 9 – 198 Redrow PLC 1,184 0.04
17 ITE Group PLC 14 – 591 Royal Mail PLC 2,416 0.09
49 John Laing Group PLC 205 0.01 234 RPC Group PLC 2,138 0.09
319 John Wood Group PLC 2,590 0.09 179 RPS Group PLC 355 0.01
63 Johnson Matthey PLC 2,372 0.09 256 RSA Insurance Group PLC 1,778 0.07
27 JPJ Group PLC 204 0.01 1 S&U PLC 20 –
391 Just Group PLC 435 0.02 478 Saga PLC 687 0.03
55 Keller Group PLC 410 0.01 14 Savills PLC 132 –
71 Kier Group PLC 461 0.02 45 SDL PLC 267 0.01
99 Kin & Carta PLC 132 – 337 Senior PLC 1,033 0.05
1,458 Kingfisher PLC 4,645 0.17 129 Severfield PLC 123 –
147 Lamprell PLC 122 – 403 Shanks Group PLC 208 0.01
172 Lancashire Holdings Ltd 1,404 0.05 488 SIG PLC 670 0.02
288 Lonmin PLC 168 0.01 148 Soco International PLC 138 0.01
194 Lookers PLC 224 0.01 59 Spectris PLC 1,798 0.08
154 Low & Bonar PLC 52 – 272 Speedy Hire PLC 199 0.01
30 LSL Property Services PLC 95 – 122 Spire Healthcare Group PLC 193 0.01
1,011 Man Group PLC 1,880 0.07 399 Spirent Communications PLC 660 0.02
555 Management Consulting Group PLC 12 – 40 Sportech PLC 19 –
1,063 Marks & Spencer Group PLC 3,973 0.15 149 Sports Direct International PLC 553 0.02
480 Marston's PLC 626 0.02 172 St Modwen Properties PLC 840 0.04
210 McCarthy & Stone PLC 364 0.01 96 Stobart Group Ltd 241 0.01
32 McColl's Retail Group PLC 48 – 89 Stock Spirits Group PLC 218 0.01
77 Mears Group PLC 329 0.01 1 SuperGroup PLC 13 –
218 Mediclinic International PLC 985 0.04 273 Tate & Lyle PLC 2,505 0.10
480 Meggitt PLC 3,180 0.12 1,651 Taylor Wimpey PLC 2,832 0.10
255 Merlin Entertainments PLC 1,093 0.04 4 Telford Homes PLC 15 –
125 Micro Focus International PLC 2,463 0.09 184 Travis Perkins PLC 2,592 0.10
82 Millennium & Copthorne Hotels PLC 494 0.02 47 Trifast PLC 124 –
166 Mitchells & Butlers PLC 582 0.02 196 Trinity Mirror PLC 156 0.01
14 MJ Gleeson PLC 117 – 103 TT Electronics PLC 276 0.01
28 Morgan Sindall Group PLC 444 0.02 310 Tullett Prebon PLC 1,232 0.06
16 Mothercare PLC 3 – 929 Tullow Oil PLC 2,192 0.09
129 N Brown Group PLC 191 0.01 3 Tyman PLC 11 –
274 National Express Group PLC 1,415 0.05 113 U & I Group PLC 315 0.01
150 NCC Group PLC 362 0.01 42 Ultra Electronics Holdings PLC 783 0.03
2 Norcros PLC 6 – 4 Urban & Civic PLC 16 –
130 Northgate PLC 643 0.02 469 Vectura Group PLC 438 0.02
34 Nostrum Oil & Gas PLC 58 – 23 Vertu Motors PLC 11 –
155 OneSavings Bank PLC 685 0.03 176 Vesuvius PLC 1,188 0.05
497 Ophir Energy PLC 211 0.01 50 Volution Group PLC 107 –
49 Pantheon Resources PLC 11 – 2 Vp PLC 26 –
227 Paragon Group of Cos PLC 1,220 0.04 1,465 Wm Morrison Supermarkets PLC 4,451 0.17
22 Parkmead Group PLC 17 – 40 Xaar PLC 79 –
749 Pendragon PLC 233 0.01 156,889 5.73
542 Petra Diamonds Ltd 292 0.01 United States - 62.75%
1,684 Petropavlovsk PLC 132 – 26 1-800-Flowers.com Inc 327 0.01
319 Pets at Home Group PLC 522 0.02 4 1st Constitution Bancorp 77 –
424 Phoenix Group Holdings 3,248 0.12 14 1st Source Corp 675 0.02
135 Playtech PLC 768 0.03 5 A-Mark Precious Metals Inc 66 –
126 Polypipe Group PLC 552 0.02 19 AAR Corp 844 0.03
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 257
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 62.75% (continued) United States - 62.75% (continued)
43 Aaron's Inc 2,035 0.07 32 AMC Entertainment Holdings Inc 433 0.02
31 Abercrombie & Fitch Co 645 0.02 – AMCON Distributing Co 31 –
58 ABM Industries Inc 1,824 0.07 13 AMERCO 4,580 0.17
5 Abraxas Petroleum Corp 8 – 21 Ameresco Inc 331 0.01
42 Acacia Research Corp 134 – 6 America's Car-Mart Inc 418 0.02
67 Acadia Healthcare Co Inc 2,275 0.08 88 American Axle & Manufacturing Holdings Inc 1,093 0.04
4 Access National Corp 119 – 121 American Eagle Outfitters Inc 2,538 0.09
60 ACCO Brands Corp 484 0.02 50 American Equity Investment Life Holding Co 1,695 0.06
13 Aceto Corp 21 – 60 American Financial Group Inc 6,118 0.22
105 Achillion Pharmaceuticals Inc 303 0.01 8 American National Bankshares Inc 272 0.01
76 ACI Worldwide Inc 2,196 0.08 18 American National Insurance Co 2,282 0.08
2 Acme United Corp 34 – 39 American Outdoor Brands Corp 471 0.02
5 ACNB Corp 167 0.01 13 American Public Education Inc 396 0.01
39 Acorda Therapeutics Inc 791 0.03 6 American Railcar Industries Inc 408 0.01
41 Actuant Corp 1,043 0.04 3 American River Bankshares 40 –
27 Acuity Brands Inc 3,546 0.13 16 American Software Inc 167 0.01
53 Acushnet Holdings Corp 1,216 0.04 2 American Superconductor Corp 16 –
3 Adams Resources & Energy Inc 103 – 20 American Vanguard Corp 328 0.01
67 Adient PLC 1,596 0.06 10 American Woodmark Corp 656 0.02
40 Adtalem Global Education Inc 2,332 0.09 28 Ameris Bancorp 1,210 0.04
41 ADTRAN Inc 509 0.02 14 Amerisafe Inc 904 0.03
27 Advance Auto Parts Inc 4,848 0.18 5 Ames National Corp 131 –
62 Advanced Disposal Services Inc 1,680 0.06 195 Amkor Technology Inc 1,337 0.05
19 Advanced Energy Industries Inc 879 0.03 10 Ampco-Pittsburgh Corp 44 –
19 AdvanSix Inc 539 0.02 33 Amphastar Pharmaceuticals Inc 712 0.03
4 Adverum Biotechnologies Inc 16 – 12 Amtech Systems Inc 64 –
125 AECOM 4,023 0.15 18 Andersons Inc 593 0.02
18 Aegion Corp 347 0.01 21 AngioDynamics Inc 449 0.02
16 Affiliated Managers Group Inc 1,729 0.06 10 Anika Therapeutics Inc 342 0.01
62 AGCO Corp 3,689 0.13 27 Anixter International Inc 1,737 0.06
11 Agilysys Inc 177 0.01 246 Antero Resources Corp 3,224 0.12
12 AgroFresh Solutions Inc 49 – 20 Apogee Enterprises Inc 745 0.03
14 AH Belo Corp 64 – 14 Applied Genetic Technologies Corp 92 –
81 Air Lease Corp 3,149 0.12 22 Applied Industrial Technologies Inc 1,442 0.05
1 Air T Inc 19 – 8 Approach Resources Inc 11 –
42 Air Transport Services Group Inc 771 0.03 18 Aptevo Therapeutics Inc 42 –
64 Aircastle Ltd 1,199 0.04 1 AquaVenture Holdings Ltd 13 –
13 Akorn Inc 90 – 145 Aramark 5,536 0.20
8 Alamo Group Inc 691 0.03 3 Aratana Therapeutics Inc 19 –
84 Alaska Air Group Inc 6,151 0.22 2 Aravive Inc 8 –
32 Alaska Communications Systems Group Inc 49 – 32 ARC Document Solutions Inc 77 –
15 Albemarle Corp 1,445 0.05 3 ARC Group Worldwide Inc 5 –
141 Alcoa Corp 4,491 0.16 12 ArcBest Corp 499 0.02
7 Alico Inc 232 0.01 259 Arch Capital Group Ltd 7,421 0.27
11 Alithya Group Inc 40 – 15 Arch Coal Inc 1,256 0.05
4 ALJ Regional Holdings Inc 7 – 89 Archrock Inc 905 0.03
1 Alleghany Corp 509 0.02 228 Arconic Inc 4,905 0.18
94 Allegheny Technologies Inc 2,457 0.09 37 Arcosa Inc 1,021 0.04
4 Allegiance Bancshares Inc 134 – 15 Ardelyx Inc 42 –
6 Allegiant Travel Co 785 0.03 21 Ardmore Shipping Corp 125 –
137 Allscripts Healthcare Solutions Inc 1,394 0.05 13 Argan Inc 552 0.02
311 Ally Financial Inc 8,286 0.30 12 Argo Group International Holdings Ltd 828 0.03
12 Alpha & Omega Semiconductor Ltd 128 – 1 Ark Restaurants Corp 28 –
8 Alpha Pro Tech Ltd 29 – 18 Armstrong Flooring Inc 285 0.01
28 Alta Mesa Resources Inc 43 – 23 Arotech Corp 65 –
168 Altice USA Inc 2,970 0.11 141 ARRIS International PLC 4,360 0.16
19 Altra Industrial Motion Corp 609 0.02 68 Arrow Electronics Inc 5,242 0.19
28 AMAG Pharmaceuticals Inc 506 0.02 11 Arrow Financial Corp 376 0.01
24 Ambac Financial Group Inc 421 0.02 14 Asbury Automotive Group Inc 1,000 0.04
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 258
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 62.75% (continued) United States - 62.75% (continued)
131 Ascena Retail Group Inc 394 0.01 16 Basic Energy Services Inc 100 –
8 Ascent Capital Group Inc 8 – 2 Bassett Furniture Industries Inc 44 –
31 ASGN Inc 2,134 0.08 1 Baycom Corp 32 –
49 Ashland Global Holdings Inc 3,988 0.15 10 BBX Capital Corp 70 –
12 Aspen Aerogels Inc 41 – 12 BCB Bancorp Inc 137 0.01
50 Aspen Insurance Holdings Ltd 2,095 0.08 44 Beacon Roofing Supply Inc 1,532 0.06
44 Assertio Therapeutics Inc 219 0.01 6 Beasley Broadcast Group Inc 29 –
133 Associated Banc-Corp 3,088 0.11 27 Beazer Homes USA Inc 300 0.01
3 Associated Capital Group Inc 140 0.01 85 Bed Bath & Beyond Inc 1,092 0.04
48 Assurant Inc 4,707 0.17 5 Bel Fuse Inc 113 –
85 Assured Guaranty Ltd 3,460 0.13 33 Belden Inc 1,847 0.07
1 Asta Funding Inc 5 – 51 Belmond Ltd 934 0.03
18 Astec Industries Inc 644 0.02 60 Bemis Co Inc 2,925 0.11
15 Astronics Corp, Class A 492 0.02 16 Benchmark Electronics Inc 389 0.01
2 Astronics Corp, Class B 73 – 62 Beneficial Bancorp Inc 967 0.04
6 AstroNova Inc 111 – 37 Berkshire Hills Bancorp Inc 1,269 0.05
46 At Home Group Inc 1,303 0.05 12 Big 5 Sporting Goods Corp 45 –
126 Athene Holding Ltd 5,498 0.20 29 Big Lots Inc 1,258 0.05
6 Atlantic Capital Bancshares Inc 112 – – Biglari Holdings Inc, Class A 82 –
3 Atlanticus Holdings Corp 10 – 1 Biglari Holdings Inc, Class B 171 0.01
14 Atlas Air Worldwide Holdings Inc 749 0.03 19 Bio-Rad Laboratories Inc 5,213 0.19
10 Atlas Financial Holdings Inc 94 – 2 BK Technologies Inc 8 –
12 ATN International Inc 1,041 0.04 16 Black Box Corp 17 –
– Auburn National Bancorporation Inc 15 – 27 Blucora Inc 832 0.03
53 Autoliv Inc 4,571 0.17 7 Blue Capital Reinsurance Holdings Ltd 43 –
70 AutoNation Inc 2,596 0.09 19 Blue Hills Bancorp Inc 460 0.02
8 AutoWeb Inc 16 – 58 BMC Stock Holdings Inc 994 0.04
39 Avanos Medical Inc 1,855 0.07 32 Boise Cascade Co 861 0.03
4 Aviat Networks Inc 55 – 25 Bojangles' Inc 409 0.01
90 Avnet Inc 3,950 0.14 38 BOK Financial Corp 3,195 0.12
115 AVX Corp 1,900 0.07 17 Bonanza Creek Energy Inc 461 0.02
10 Aware Inc 36 – 19 Boot Barn Holdings Inc 436 0.02
22 Axcelis Technologies Inc 439 0.02 129 BorgWarner Inc 5,119 0.19
65 Axis Capital Holdings Ltd 3,582 0.13 75 Boston Private Financial Holdings Inc 946 0.03
41 Axos Financial Inc 1,270 0.05 35 Brady Corp 1,528 0.06
24 AXT Inc 131 – 13 Bridge Bancorp Inc 387 0.01
19 AZZ Inc 927 0.03 32 Bridgepoint Education Inc 257 0.01
30 B&G Foods Inc 908 0.03 22 Briggs & Stratton Corp 335 0.01
54 Babcock & Wilcox Enterprises Inc 48 – 93 Brighthouse Financial Inc 3,731 0.14
14 Ballantyne Strong Inc 34 – 30 Bristow Group Inc 116 –
43 Banc of California Inc 742 0.03 8 Broadwind Energy Inc 13 –
24 BancFirst Corp 1,332 0.05 112 Brookdale Senior Living Inc 962 0.04
47 Bancorp Inc 467 0.02 68 Brookline Bancorp Inc 1,051 0.04
3 Bancorp of New Jersey Inc 37 – 51 Brooks Automation Inc 1,557 0.06
79 BancorpSouth Bank 2,425 0.09 111 Brown & Brown Inc 3,224 0.12
12 Bank of Commerce Holdings 146 0.01 53 Brunswick Corp 2,792 0.10
29 Bank of Hawaii Corp 2,296 0.08 18 Bryn Mawr Bank Corp 693 0.03
9 Bank of Marin Bancorp 376 0.01 6 BSB Bancorp Inc 190 0.01
39 Bank of NT Butterfield & Son Ltd 1,543 0.06 9 BSQUARE Corp 19 –
1 Bank of Princeton 35 – 10 Build-A-Bear Workshop Inc 58 –
91 Bank OZK 2,463 0.09 107 Bunge Ltd 6,089 0.22
14 BankFinancial Corp 206 0.01 3 C&F Financial Corp 139 0.01
78 BankUnited Inc 2,705 0.10 42 Cabot Corp 2,069 0.08
3 Bankwell Financial Group Inc 98 – 2 Cabot Microelectronics Corp 244 0.01
27 Banner Corp 1,641 0.06 17 CACI International Inc 2,767 0.10
9 Bar Harbor Bankshares 221 0.01 70 Cadence BanCorp 1,432 0.05
26 Barnes & Noble Education Inc 171 0.01 12 CAI International Inc 296 0.01
37 Barnes & Noble Inc 277 0.01 32 Cal-Maine Foods Inc 1,513 0.06
35 Barnes Group Inc 2,094 0.08 24 Caleres Inc 740 0.03
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 259
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 62.75% (continued) United States - 62.75% (continued)
9 Calithera Biosciences Inc 43 – 9 Citizens & Northern Corp 228 0.01
34 Calix Inc 324 0.01 5 Citizens Community Bancorp Inc 55 –
75 Callaway Golf Co 1,277 0.05 19 Citizens Inc 153 0.01
183 Callon Petroleum Co 1,568 0.06 12 City Holding Co 887 0.03
24 Cambrex Corp 1,138 0.04 115 Civeo Corp 194 0.01
1 Cambridge Bancorp 103 – 10 Civista Bancshares Inc 222 0.01
12 Camden National Corp 478 0.02 7 Civitas Solutions Inc 99 –
62 Cannae Holdings Inc 1,076 0.04 26 Clarus Corp 289 0.01
13 Capital City Bank Group Inc 355 0.01 170 Clean Energy Fuels Corp 380 0.01
121 Capitol Federal Financial Inc 1,704 0.06 38 Clean Harbors Inc 2,427 0.09
4 Capstar Financial Holdings Inc 58 – 8 ClearOne Inc 12 –
33 Cardtronics PLC 1,082 0.04 10 Clearwater Paper Corp 300 0.01
51 Career Education Corp 691 0.03 53 Cloud Peak Energy Inc 45 –
40 Carlisle Cos Inc 4,259 0.16 4 CNA Financial Corp 178 0.01
4 CarMax Inc 234 0.01 11 CNB Financial Corp 303 0.01
16 Carolina Financial Corp 554 0.02 59 CNO Financial Group Inc 1,084 0.04
30 Carpenter Technology Corp 1,285 0.05 164 CNX Resources Corp 2,272 0.08
10 Carriage Services Inc 162 0.01 2 Cocrystal Pharma Inc 6 –
27 Carrols Restaurant Group Inc 294 0.01 5 Codorus Valley Bancorp Inc 130 –
56 Cars.com Inc 1,460 0.05 145 Coeur Mining Inc 574 0.02
24 Casey's General Stores Inc 3,139 0.11 5 Coherent Inc 662 0.02
6 Cass Information Systems Inc 400 0.01 23 Cohu Inc 455 0.02
63 Cathay General Bancorp 2,490 0.09 90 Colfax Corp 2,242 0.08
13 Cato Corp 190 0.01 2 Colony Bankcorp Inc 28 –
31 CBIZ Inc 661 0.02 56 Columbia Banking System Inc 2,277 0.08
4 CCUR Holdings Inc 14 – 1 Columbia Sportswear Co 50 –
31 CECO Environmental Corp 254 0.01 17 Columbus McKinnon Corp 577 0.02
19 Celadon Group Inc 35 – 77 Commerce Bancshares Inc 4,832 0.18
11 Celldex Therapeutics Inc 3 – 58 Commercial Metals Co 1,123 0.04
195 Centennial Resource Development Inc 3,022 0.11 – Commercial National Financial Corp 7 –
84 CenterState Bank Corp 2,095 0.08 18 Commercial Vehicle Group Inc 124 –
31 Central Garden & Pet Co (non-voting rights) 977 0.04 56 CommScope Holding Co Inc 1,007 0.04
10 Central Garden & Pet Co (voting rights) 328 0.01 7 Communications Systems Inc 15 –
17 Central Pacific Financial Corp 479 0.02 37 Community Bank System Inc 2,399 0.09
8 Central Valley Community Bancorp 160 0.01 19 Community Bankers Trust Corp 160 0.01
7 Centric Brands Inc 34 – 3 Community Financial Corp 93 –
68 Century Aluminum Co 614 0.02 56 Community Health Systems Inc 266 0.01
3 Century Bancorp Inc 260 0.01 16 Community Trust Bancorp Inc 740 0.03
16 Century Casinos Inc 122 – 14 Computer Task Group Inc 62 –
24 Century Communities Inc 494 0.02 15 comScore Inc 231 0.01
7 CEVA Inc 190 0.01 9 Comtech Telecommunications Corp 228 0.01
116 CF Industries Holdings Inc 4,909 0.18 15 Concert Pharmaceuticals Inc 216 0.01
1 Chaparral Energy Inc 8 – 164 Conduent Inc 2,109 0.08
23 Chart Industries Inc 1,454 0.05 21 CONMED Corp 1,398 0.05
21 Chefs' Warehouse Inc 806 0.03 16 Conn's Inc 455 0.02
55 Chemical Financial Corp 2,584 0.09 25 ConnectOne Bancorp Inc 504 0.02
1 Chemung Financial Corp 56 – 54 Consolidated Communications Holdings Inc 741 0.03
11 Chiasma Inc 44 – 1 Consolidated Water Co Ltd 7 –
101 Chico's FAS Inc 544 0.02 4 Consolidated-Tomoka Land Co 217 0.01
40 Chimerix Inc 133 – 20 Consumer Portfolio Services Inc 73 –
14 Chuy's Holdings Inc 289 0.01 19 Contango Oil & Gas Co 76 –
105 Ciena Corp 3,416 0.12 40 Cooper Tire & Rubber Co 1,383 0.05
59 Cimarex Energy Co 4,877 0.18 12 Cooper-Standard Holdings Inc 913 0.03
96 Cincinnati Financial Corp 7,857 0.29 20 Copa Holdings SA 1,739 0.06
77 Cinemark Holdings Inc 2,958 0.11 3 Core Molding Technologies Inc 21 –
17 CIRCOR International Inc 571 0.02 33 Core-Mark Holding Co Inc 874 0.03
45 Cirrus Logic Inc 1,696 0.06 24 Costamare Inc 125 –
91 CIT Group Inc 4,229 0.15 190 Coty Inc 1,587 0.06
10 Citi Trends Inc 200 0.01 3 County Bancorp Inc 56 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 260
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 62.75% (continued) United States - 62.75% (continued)
29 Covanta Holding Corp 487 0.02 25 Dril-Quip Inc 980 0.04
7 Covenant Transportation Group Inc 159 0.01 10 DSP Group Inc 127 –
18 Cowen Inc 291 0.01 53 DSW Inc 1,477 0.05
8 CPI Aerostructures Inc 53 – 6 Ducommun Inc 248 0.01
5 CRA International Inc 242 0.01 12 DXP Enterprises Inc 452 0.02
15 Craft Brew Alliance Inc 249 0.01 11 Dycom Industries Inc 748 0.03
20 Crawford & Co, Class A 183 0.01 90 E*TRADE Financial Corp 4,724 0.17
16 Crawford & Co, Class B 146 0.01 25 Eagle Bancorp Inc 1,449 0.05
27 Cray Inc 717 0.03 2 Eagle Bancorp Montana Inc 26 –
77 Cree Inc 3,405 0.12 26 Eagle Bulk Shipping Inc 123 –
7 Crimson Wine Group Ltd 60 – 21 Eagle Materials Inc 1,540 0.06
30 Cross Country Healthcare Inc 269 0.01 13 Earthstone Energy Inc 89 –
2 Crown Crafts Inc 10 – 60 East West Bancorp Inc 3,216 0.12
22 CryoLife Inc 662 0.02 5 Eastern Co 126 –
2 CSS Industries Inc 25 – 77 Eastman Chemical Co 6,055 0.22
12 CSW Industrials Inc 612 0.02 3 Ebix Inc 159 0.01
25 CTS Corp 720 0.03 21 Echo Global Logistics Inc 534 0.02
20 Cubic Corp 1,205 0.04 35 EchoStar Corp 1,467 0.05
44 Cullen/Frost Bankers Inc 4,391 0.16 123 Eclipse Resources Corp 138 0.01
9 Culp Inc 179 0.01 44 Edgewell Personal Care Co 1,843 0.07
9 Cumberland Pharmaceuticals Inc 56 – 3 eHealth Inc 134 –
29 Curtiss-Wright Corp 3,234 0.12 28 El Pollo Loco Holdings Inc 432 0.02
29 Customers Bancorp Inc 562 0.02 19 Eldorado Resorts Inc 846 0.03
96 CVB Financial Corp 2,227 0.08 24 Electro Scientific Industries Inc 717 0.03
244 Cypress Semiconductor Corp 3,397 0.12 3 Electromed Inc 19 –
39 Daktronics Inc 350 0.01 36 Electronics For Imaging Inc 988 0.04
86 Dana Inc 1,246 0.05 17 Ellie Mae Inc 1,131 0.04
93 Darling Ingredients Inc 2,025 0.07 11 EMC Insurance Group Inc 355 0.01
4 DASAN Zhone Solutions Inc 53 – 40 EMCOR Group Inc 2,888 0.11
85 DaVita Inc 5,622 0.21 23 EMCORE Corp 105 –
20 Dawson Geophysical Co 74 – 14 Emerald Expositions Events Inc 162 0.01
57 Dean Foods Co 287 0.01 36 Emergent BioSolutions Inc 2,619 0.10
22 Deckers Outdoor Corp 2,920 0.11 28 Employers Holdings Inc 1,263 0.05
14 Del Frisco's Restaurant Group Inc 94 – 21 Encore Capital Group Inc 600 0.02
31 Del Taco Restaurants Inc 327 0.01 12 Encore Wire Corp 617 0.02
58 Delek US Holdings Inc 2,306 0.08 36 Endo International PLC 436 0.02
2 Delta Apparel Inc 42 – 2 Endocyte Inc 47 –
24 Deluxe Corp 1,230 0.04 29 EnerSys 2,504 0.09
313 Denbury Resources Inc 706 0.03 25 Engility Holdings Inc 786 0.03
13 Destination Maternity Corp 56 – 151 EnLink Midstream LLC 1,727 0.06
33 Destination XL Group Inc 93 – 15 Ennis Inc 285 0.01
43 DHI Group Inc 77 – 21 Enova International Inc 467 0.02
80 DHT Holdings Inc 362 0.01 18 EnPro Industries Inc 1,264 0.05
77 Diamond Offshore Drilling Inc 965 0.04 345 Ensco PLC 1,956 0.07
59 Dick's Sporting Goods Inc 2,112 0.08 35 Ensign Group Inc 1,604 0.06
16 Digi International Inc 192 0.01 14 Enstar Group Ltd 2,403 0.09
7 Digirad Corp 7 – 4 Entegra Financial Corp 99 –
17 Dillard's Inc 1,190 0.04 80 Entercom Communications Corp 523 0.02
29 Dime Community Bancshares Inc 535 0.02 6 Enterprise Bancorp Inc 220 0.01
38 Diodes Inc 1,335 0.05 17 Enterprise Financial Services Corp 776 0.03
53 Diplomat Pharmacy Inc 828 0.03 51 Entravision Communications Corp 164 0.01
6 Dixie Group Inc 8 – 53 EP Energy Corp 58 –
4 DLH Holdings Corp 19 – 10 ePlus Inc 823 0.03
– DMC Global Inc 18 – 6 Equity Bancshares Inc 238 0.01
4 DNB Financial Corp 127 – 12 Era Group Inc 122 –
42 Dolby Laboratories Inc 2,938 0.11 13 Escalade Inc 152 0.01
47 Domtar Corp 2,068 0.08 19 ESCO Technologies Inc 1,339 0.05
19 Donegal Group Inc 274 0.01 1 Espey Manufacturing & Electronics Corp 24 –
29 Dorian LPG Ltd 206 0.01 7 ESSA Bancorp Inc 110 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 261
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 62.75% (continued) United States - 62.75% (continued)
19 Essendant Inc 237 0.01 91 First Midwest Bancorp Inc 2,158 0.08
67 Essent Group Ltd 2,592 0.09 9 First Northwest Bancorp 135 –
14 Esterline Technologies Corp 1,709 0.06 15 First of Long Island Corp 327 0.01
19 Ethan Allen Interiors Inc 389 0.01 1 First Savings Financial Group Inc 45 –
3 Evans Bancorp Inc 115 – 75 First Solar Inc 3,348 0.12
2 Everest Re Group Ltd 444 0.02 6 First United Corp 115 –
60 Evolent Health Inc 1,538 0.06 1 First US Bancshares Inc 11 –
8 Evolving Systems Inc 13 – 30 FirstCash Inc 2,704 0.10
28 EW Scripps Co 495 0.02 121 Fitbit Inc 666 0.02
24 ExlService Holdings Inc 1,405 0.05 12 Five Prime Therapeutics Inc 154 0.01
37 Express Inc 232 0.01 5 Five Star Senior Living Inc 2 –
124 Extended Stay America Inc 2,258 0.08 50 Flagstar Bancorp Inc 1,607 0.06
17 Exterran Corp 377 0.01 332 Flex Ltd 2,907 0.11
106 Extraction Oil & Gas Inc 601 0.02 4 Flexsteel Industries Inc 104 –
27 Ezcorp Inc 262 0.01 24 Flotek Industries Inc 33 –
29 Fabrinet 1,527 0.06 140 Flowers Foods Inc 2,764 0.10
13 Farmer Brothers Co 308 0.01 95 Fluor Corp 3,893 0.14
1 Farmers & Merchants Bancorp Inc 23 – 20 Flushing Financial Corp 462 0.02
16 Farmers National Banc Corp 230 0.01 248 FNB Corp 3,045 0.11
12 FARO Technologies Inc 620 0.02 4 FONAR Corp 97 –
23 FB Financial Corp 870 0.03 86 Foot Locker Inc 4,852 0.18
7 FBL Financial Group Inc 490 0.02 2 Forestar Group Inc 37 –
31 FCB Financial Holdings Inc 1,248 0.05 54 FormFactor Inc 890 0.03
5 Federal Agricultural Mortgage Corp 304 0.01 95 Fortune Brands Home & Security Inc 4,172 0.15
44 Federal Signal Corp 1,025 0.04 88 Forum Energy Technologies Inc 588 0.02
1 Federated Investors Inc 24 – 21 Forward Air Corp 1,383 0.05
11 FedNat Holding Co 249 0.01 35 Fossil Group Inc 679 0.02
108 Ferroglobe PLC 239 0.01 19 Francesca's Holdings Corp 38 –
29 Ferroglobe Representation & Warrants Insurance 142 Frank's International NV 1,045 0.04
Trust – –
4 Franklin Covey Co 92 –
130 Fidelity National Financial Inc 4,383 0.16
33 Franklin Electric Co Inc 1,508 0.06
24 Fidelity Southern Corp 571 0.02
12 Franklin Financial Network Inc 400 0.01
18 Fiesta Restaurant Group Inc 345 0.01
21 Fred's Inc 60 –
14 Financial Institutions Inc 435 0.02
9 FreightCar America Inc 88 –
67 Finisar Corp 1,564 0.06
8 Frequency Electronics Inc 88 –
4 Finjan Holdings Inc 11 –
26 Fresh Del Monte Produce Inc 873 0.03
86 First American Financial Corp 4,180 0.15
4 Friedman Industries Inc 33 –
177 First Bancorp (Puerto Rico) 1,601 0.06
42 Frontier Communications Corp 151 0.01
26 First Bancorp (Southern Pines NC) 1,024 0.04
7 FRP Holdings Inc 338 0.01
7 First Bancorp Inc 189 0.01
3 FS Bancorp Inc 138 0.01
5 First Bancshares Inc 191 0.01
15 FTD Cos Inc 33 –
5 First Bank 54 –
23 FTI Consulting Inc 1,633 0.06
42 First Busey Corp 1,212 0.04
13 Full House Resorts Inc 29 –
6 First Business Financial Services Inc 126 –
96 Fulton Financial Corp 1,678 0.06
3 First Choice Bancorp 60 –
31 FutureFuel Corp 532 0.02
9 First Citizens BancShares Inc 3,661 0.13
32 G-III Apparel Group Ltd 1,264 0.05
85 First Commonwealth Financial Corp 1,183 0.04
6 Gaia Inc 81 –
14 First Community Bankshares Inc 495 0.02
30 Gain Capital Holdings Inc 223 0.01
6 First Community Corp 131 –
64 GameStop Corp 880 0.03
16 First Defiance Financial Corp 452 0.02
87 Gannett Co Inc 906 0.03
84 First Financial Bancorp 2,348 0.09
94 Gap Inc 2,556 0.09
6 First Financial Corp 291 0.01
29 Gardner Denver Holdings Inc 726 0.03
8 First Financial Northwest Inc 118 –
56 GasLog Ltd 1,160 0.04
23 First Foundation Inc 369 0.01
20 GATX Corp 1,656 0.06
103 First Hawaiian Inc 2,688 0.10
57 GCI Liberty Inc 2,738 0.10
252 First Horizon National Corp 4,151 0.15
16 Genco Shipping & Trading Ltd 136 –
2 First Internet Bancorp 56 –
9 Gencor Industries Inc 103 –
28 First Interstate BancSystem Inc 1,204 0.04
12 Genesco Inc 491 0.02
43 First Merchants Corp 1,828 0.07
45 Genesee & Wyoming Inc 3,781 0.14
4 First Mid-Illinois Bancshares Inc 133 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 262
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 62.75% (continued) United States - 62.75% (continued)
18 Genie Energy Ltd 114 – 36 Hawaiian Holdings Inc 1,458 0.05
181 Gentex Corp 4,072 0.15 8 Hawkins Inc 322 0.01
26 Gentherm Inc 1,212 0.04 1 Hawthorn Bancshares Inc 11 –
184 Genworth Financial Inc 858 0.03 7 Haynes International Inc 247 0.01
11 Geospace Technologies Corp 171 0.01 36 HB Fuller Co 1,743 0.06
16 German American Bancorp Inc 516 0.02 6 HCI Group Inc 348 0.01
23 Gibraltar Industries Inc 836 0.03 24 HealthStream Inc 589 0.02
57 Glacier Bancorp Inc 2,711 0.10 57 Heartland Express Inc 1,185 0.04
15 Global Eagle Entertainment Inc 36 – 29 Heartland Financial USA Inc 1,576 0.06
8 Global Indemnity Ltd 271 0.01 284 Hecla Mining Co 675 0.02
11 GlobalSCAPE Inc 49 – 15 Heidrick & Struggles International Inc 538 0.02
29 GMS Inc 538 0.02 19 Helen of Troy Ltd 2,715 0.10
25 Gold Resource Corp 97 – 91 Helix Energy Solutions Group Inc 745 0.03
9 Golden Ocean Group Ltd 62 – 83 Helmerich & Payne Inc 5,054 0.18
20 Goldfield Corp 47 – 12 Hemisphere Media Group Inc 171 0.01
4 Goodrich Petroleum Corp 60 – 3 Hennessy Advisors Inc 29 –
180 Goodyear Tire & Rubber Co 4,180 0.15 16 Herc Holdings Inc 560 0.02
19 Gorman-Rupp Co 624 0.02 31 Heritage Commerce Corp 442 0.02
11 GP Strategies Corp 150 0.01 27 Heritage Financial Corp 944 0.03
7 Graham Corp 171 0.01 15 Heritage Insurance Holdings Inc 244 0.01
3 Graham Holdings Co 2,197 0.08 16 Heritage-Crystal Clean Inc 460 0.02
33 Granite Construction Inc 1,671 0.06 43 Herman Miller Inc 1,457 0.05
205 Graphic Packaging Holding Co 2,461 0.09 60 Hertz Global Holdings Inc 1,119 0.04
59 Gray Television Inc 1,091 0.04 8 Hibbett Sports Inc 131 –
38 Great Lakes Dredge & Dock Corp 279 0.01 125 HighPoint Resources Corp 407 0.01
12 Great Southern Bancorp Inc 644 0.02 36 Hill International Inc 118 –
49 Great Western Bancorp Inc 1,839 0.07 59 Hilltop Holdings Inc 1,159 0.04
30 Green Bancorp Inc 614 0.02 1 Hingham Institution for Savings 265 0.01
20 Green Brick Partners Inc 163 0.01 60 HMS Holdings Corp 2,146 0.08
22 Green Plains Inc 357 0.01 30 HNI Corp 1,167 0.04
27 Greenbrier Cos Inc 1,304 0.05 127 HollyFrontier Corp 7,904 0.29
1 Greene County Bancorp Inc 47 – 4 Home Bancorp Inc 141 0.01
25 Greenlight Capital Re Ltd 263 0.01 135 Home BancShares Inc 2,653 0.10
19 Greif Inc, Class A 991 0.04 17 HomeStreet Inc 453 0.02
9 Greif Inc, Class B 499 0.02 11 HomeTrust Bancshares Inc 291 0.01
3 Griffin Industrial Realty Inc 112 – 6 Hooker Furniture Corp 175 0.01
20 Griffon Corp 238 0.01 111 Hope Bancorp Inc 1,695 0.06
11 Group 1 Automotive Inc 597 0.02 3 HopFed Bancorp Inc 39 –
16 GSI Technology Inc 92 – 18 Horace Mann Educators Corp 743 0.03
21 Guaranty Bancorp 529 0.02 28 Horizon Bancorp Inc 495 0.02
3 Guaranty Bancshares Inc 94 – 17 Horizon Global Corp 34 –
44 Guess? Inc 1,057 0.04 89 Horizon Pharma PLC 1,773 0.06
2 Gulf Island Fabrication Inc 13 – 14 Hornbeck Offshore Services Inc 42 –
106 Gulfport Energy Corp 905 0.03 71 Hostess Brands Inc 824 0.03
15 Habit Restaurants Inc 190 0.01 59 Houghton Mifflin Harcourt Co 586 0.02
9 Haemonetics Corp 969 0.04 15 Houston Wire & Cable Co 91 –
46 Hain Celestial Group Inc 958 0.04 6 Howard Bancorp Inc 91 –
101 Halcon Resources Corp 283 0.01 33 Howard Hughes Corp 3,653 0.13
23 Hallador Energy Co 132 – 25 Hub Group Inc 1,125 0.04
14 Hallmark Financial Services Inc 161 0.01 8 Hudson Global Inc 11 –
66 Hancock Whitney Corp 2,659 0.10 18 Hudson Technologies Inc 19 –
29 Hanmi Financial Corp 657 0.02 161 Huntsman Corp 3,261 0.12
33 Hanover Insurance Group Inc 3,776 0.14 5 Hurco Cos Inc 191 0.01
4 HarborOne Bancorp Inc 67 – 20 Huron Consulting Group Inc 1,094 0.04
108 Harley-Davidson Inc 4,588 0.17 8 Huttig Building Products Inc 20 –
44 Harmonic Inc 245 0.01 19 Hyatt Hotels Corp 1,382 0.05
3 Harte-Hanks Inc 10 – 9 Hyster-Yale Materials Handling Inc 588 0.02
26 Harvard Bioscience Inc 102 – 43 Iberiabank Corp 3,236 0.12
10 Haverty Furniture Cos Inc 200 0.01 11 ICF International Inc 741 0.03
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 263
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 62.75% (continued) United States - 62.75% (continued)
9 Ichor Holdings Ltd 156 0.01 27 Jones Lang LaSalle Inc 3,899 0.14
1 IEC Electronics Corp 8 – 138 Juniper Networks Inc 3,964 0.14
8 IES Holdings Inc 142 0.01 23 K12 Inc 543 0.02
47 II-VI Inc 1,774 0.06 8 Kadant Inc 729 0.03
48 IMAX Corp 884 0.03 6 Kaiser Aluminum Corp 590 0.02
23 Immersion Corp 214 0.01 56 Kansas City Southern 5,741 0.21
13 Immune Design Corp 21 – 70 KB Home 1,473 0.05
20 Independence Contract Drilling Inc 68 – 118 KBR Inc 2,189 0.08
12 Independence Holding Co 480 0.02 53 Keane Group Inc 592 0.02
20 Independent Bank Corp (Massachusetts) 1,628 0.06 85 Kearny Financial Corp 1,132 0.04
21 Independent Bank Corp (Michigan) 476 0.02 18 Kelly Services Inc 408 0.01
24 Independent Bank Group Inc 1,387 0.05 42 KEMET Corp 851 0.03
62 Infinera Corp 268 0.01 44 Kemper Corp 3,370 0.12
18 Information Services Group Inc 73 – 55 Kennametal Inc 2,318 0.08
12 InfuSystem Holdings Inc 40 – 107 Kennedy-Wilson Holdings Inc 2,089 0.08
6 Ingles Markets Inc 171 0.01 1 Kewaunee Scientific Corp 33 –
48 Ingredion Inc 5,035 0.18 6 Key Tronic Corp 38 –
23 InnerWorkings Inc 98 – 37 KeyW Holding Corp 362 0.01
12 Innodata Inc 23 – 17 Kimball Electronics Inc 306 0.01
14 Innophos Holdings Inc 383 0.01 17 Kimball International Inc 255 0.01
18 Innospec Inc 1,323 0.05 8 Kindred Biosciences Inc 109 –
3 Innovative Solutions & Support Inc 6 – 7 Kingstone Cos Inc 109 –
16 Insight Enterprises Inc 728 0.03 46 Kirby Corp 3,499 0.13
14 Insteel Industries Inc 395 0.01 9 Kirkland's Inc 100 –
23 Integer Holdings Corp 2,019 0.07 15 KLX Energy Services Holdings Inc 296 0.01
25 InterDigital Inc 1,919 0.07 133 Knight-Swift Transportation Holdings Inc 4,625 0.17
57 International Bancshares Corp 2,182 0.08 35 Knoll Inc 673 0.02
130 International Game Technology PLC 2,238 0.08 72 Knowles Corp 1,098 0.04
18 International Seaways Inc 343 0.01 117 Kohl's Corp 7,868 0.29
7 inTEST Corp 48 – 41 Korn/Ferry International 2,029 0.07
15 Intevac Inc 69 – 252 Kosmos Energy Ltd 1,355 0.05
15 INTL. FCStone Inc 583 0.02 16 Kraton Corp 432 0.02
98 Intrepid Potash Inc 327 0.01 37 Kratos Defense & Security Solutions Inc 489 0.02
17 Invacare Corp 93 – 25 Kronos Worldwide Inc 311 0.01
196 Invesco Ltd 3,978 0.15 37 Kulicke & Soffa Industries Inc 794 0.03
5 Investar Holding Corp 117 – 14 KVH Industries Inc 155 0.01
24 Investment Technology Group Inc 717 0.03 34 La-Z-Boy Inc 993 0.04
224 Investors Bancorp Inc 2,745 0.10 41 Lakeland Bancorp Inc 681 0.02
1 Investors Title Co 207 0.01 19 Lakeland Financial Corp 857 0.03
4 IRIDEX Corp 20 – 7 Lakeland Industries Inc 87 –
91 Iridium Communications Inc 2,173 0.08 18 Landec Corp 271 0.01
11 Itron Inc 576 0.02 1 Landmark Bancorp Inc 33 –
60 ITT Inc 3,301 0.12 6 Lands' End Inc 120 –
11 J Alexander's Holdings Inc 112 – 167 Laredo Petroleum Inc 730 0.03
10 J. Jill Inc 59 – 46 Lattice Semiconductor Corp 269 0.01
111 Jabil Inc 2,780 0.10 71 Laureate Education Inc 1,050 0.04
109 Jacobs Engineering Group Inc 7,181 0.26 7 Lawson Products Inc 212 0.01
3 JAKKS Pacific Inc 8 – 9 LB Foster Co 174 0.01
22 James River Group Holdings Ltd 830 0.03 11 LCI Industries 844 0.03
147 Janus Henderson Group PLC 3,448 0.13 10 LCNB Corp 165 0.01
13 Jazz Pharmaceuticals PLC 1,956 0.07 13 Leaf Group Ltd 103 –
160 JC Penney Co Inc 229 0.01 38 Lear Corp 5,239 0.19
60 Jefferies Financial Group Inc 1,318 0.05 35 LegacyTexas Financial Group Inc 1,375 0.05
28 JELD-WEN Holding Inc 541 0.02 66 Legg Mason Inc 1,914 0.07
245 JetBlue Airways Corp 4,774 0.17 361 LendingClub Corp 1,240 0.05
75 JM Smucker Co 7,850 0.29 – Level One Bancorp Inc 10 –
6 John B Sanfilippo & Son Inc 400 0.01 24 LHC Group Inc 2,511 0.09
33 John Wiley & Sons Inc 1,830 0.07 13 Libbey Inc 79 –
6 Johnson Outdoors Inc 411 0.02 48 Liberty Expedia Holdings Inc 1,992 0.07
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 264
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 62.75% (continued) United States - 62.75% (continued)
20 Liberty Latin America Ltd, Class A 366 0.01 12 Materion Corp 635 0.02
45 Liberty Latin America Ltd, Class C 833 0.03 15 Matrix Service Co 307 0.01
7 Liberty Tax Inc 85 – 31 Matson Inc 1,219 0.04
52 Liberty TripAdvisor Holdings Inc 993 0.04 22 Matthews International Corp 945 0.03
10 Lifetime Brands Inc 120 – 21 MaxLinear Inc 437 0.02
4 Limbach Holdings Inc 16 – 12 Maxwell Technologies Inc 30 –
77 Limelight Networks Inc 254 0.01 61 MB Financial Inc 2,782 0.10
13 Limoneira Co 315 0.01 55 MBIA Inc 508 0.02
3 Lincoln Educational Services Corp 6 – 17 MBT Financial Corp 192 0.01
64 Lions Gate Entertainment Corp, Class A 1,235 0.05 5 McClatchy Co 32 –
95 Lions Gate Entertainment Corp, Class B 1,712 0.06 136 McDermott International Inc 1,183 0.04
28 Liquidity Services Inc 182 0.01 17 McGrath RentCorp 917 0.03
15 Lithia Motors Inc 1,255 0.05 31 MDC Holdings Inc 926 0.03
16 Littelfuse Inc 3,121 0.11 135 MDU Resources Group Inc 3,571 0.13
33 LivaNova PLC 3,300 0.12 6 Medcath Corp – –
25 Live Oak Bancshares Inc 443 0.02 66 Media General Inc CVR 7 –
7 LiveRamp Holdings Inc 352 0.01 71 MEDNAX Inc 2,867 0.10
189 LKQ Corp 5,264 0.19 19 Medpace Holdings Inc 1,184 0.04
39 LogMeIn Inc 3,568 0.13 39 Meet Group Inc 156 0.01
19 Lonestar Resources US Inc 126 – 19 MEI Pharma Inc 55 –
97 Louisiana-Pacific Corp 2,223 0.08 3 Melinta Therapeutics Inc 6 –
16 LRAD Corp 42 – 14 Mercantile Bank Corp 435 0.02
5 LS Starrett Co 25 – 57 Mercer International Inc 700 0.03
25 LSB Industries Inc 193 0.01 47 Mercury General Corp 2,645 0.10
24 LSC Communications Inc 242 0.01 34 Mercury Systems Inc 1,774 0.06
19 LSI Industries Inc 86 – 29 Meredith Corp 1,643 0.06
24 Luby's Inc 36 – 47 Meridian Bancorp Inc 762 0.03
27 Lumentum Holdings Inc 1,185 0.04 23 Meritage Homes Corp 884 0.03
33 Luminex Corp 968 0.04 5 Merrimack Pharmaceuticals Inc 21 –
17 Luna Innovations Inc 59 – 20 Meta Financial Group Inc 467 0.02
16 Luxoft Holding Inc 536 0.02 27 Methode Electronics Inc 812 0.03
12 Lydall Inc 276 0.01 281 MGIC Investment Corp 3,285 0.12
14 M/I Homes Inc 340 0.01 7 MicroStrategy Inc 917 0.03
25 Macatawa Bank Corp 250 0.01 1 Middlefield Banc Corp 67 –
8 Mackinac Financial Corp 113 – 5 Midland States Bancorp Inc 131 –
65 Macquarie Infrastructure Corp 2,691 0.10 13 MidSouth Bancorp Inc 167 0.01
230 Macy's Inc 7,870 0.29 2 Midstates Petroleum Co Inc 19 –
12 Madison Square Garden Co 3,341 0.12 10 MidWestOne Financial Group Inc 291 0.01
14 Magellan Health Inc 745 0.03 50 Milacron Holdings Corp 712 0.03
56 Maiden Holdings Ltd 143 0.01 6 Miller Industries Inc 156 0.01
68 Mallinckrodt PLC 1,620 0.06 25 Minerals Technologies Inc 1,413 0.05
5 Malvern Bancorp Inc 104 – 20 Mistras Group Inc 349 0.01
3 Mammoth Energy Services Inc 81 – 3 Mitcham Industries Inc 10 –
22 Manitowoc Co Inc 438 0.02 36 MKS Instruments Inc 2,826 0.10
1 Mannatech Inc 15 – 3 MMA Capital Management LLC 74 –
3 Manning & Napier Inc 5 – 30 Mobile Mini Inc 1,206 0.04
43 ManpowerGroup Inc 3,524 0.13 33 Modine Manufacturing Co 436 0.02
13 ManTech International Corp 756 0.03 9 Mohawk Industries Inc 1,105 0.04
35 Marchex Inc 107 – 112 Molson Coors Brewing Co 7,385 0.27
9 Marcus Corp 364 0.01 1 Monarch Casino & Resort Inc 34 –
11 MarineMax Inc 231 0.01 22 Monotype Imaging Holdings Inc 373 0.01
8 Marlin Business Services Corp 210 0.01 23 Monro Inc 1,898 0.07
27 Marriott Vacations Worldwide Corp 2,169 0.08 22 Moog Inc 1,918 0.07
28 Marten Transport Ltd 539 0.02 290 Mosaic Co 10,435 0.38
419 Marvell Technology Group Ltd 6,757 0.25 13 Motorcar Parts of America Inc 229 0.01
20 Masonite International Corp 1,059 0.04 6 Movado Group Inc 230 0.01
54 MasTec Inc 2,435 0.09 7 Mr Cooper Group Inc 110 –
8 Mastech Digital Inc 51 – 65 MRC Global Inc 1,020 0.04
77 Matador Resources Co 1,761 0.06 3 MSB Financial Corp 53 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 265
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 62.75% (continued) United States - 62.75% (continued)
30 MSC Industrial Direct Co Inc 2,677 0.10 201 Noble Corp PLC 839 0.03
13 MTS Systems Corp 678 0.02 237 Noble Energy Inc 5,618 0.21
40 Mueller Industries Inc 951 0.03 1 Nordic American Offshore Ltd – –
93 Mueller Water Products Inc 983 0.04 15 Nordic American Tankers Ltd 43 –
17 Multi-Color Corp 750 0.03 4 Northeast Bancorp 75 –
134 Murphy Oil Corp 4,274 0.16 2 Northern Technologies International Corp 57 –
18 Murphy USA Inc 1,470 0.05 41 Northfield Bancorp Inc 576 0.02
7 MutualFirst Financial Inc 257 0.01 5 Northrim BanCorp Inc 186 0.01
1 MVB Financial Corp 26 – 67 Northwest Bancshares Inc 1,196 0.04
11 MYR Group Inc 350 0.01 6 Northwest Pipe Co 145 0.01
50 Myriad Genetics Inc 1,605 0.06 110 Norwegian Cruise Line Holdings Ltd 5,624 0.21
288 Nabors Industries Ltd 931 0.03 2 Norwood Financial Corp 87 –
2 NACCO Industries Inc 81 – 95 NOW Inc 1,279 0.05
17 Nanometrics Inc 561 0.02 188 Nuance Communications Inc 3,010 0.11
61 Nasdaq Inc 5,578 0.20 140 nVent Electric PLC 3,502 0.13
26 National Bank Holdings Corp 976 0.04 245 Oasis Petroleum Inc 1,750 0.06
1 National Bankshares Inc 53 – 82 Oceaneering International Inc 1,379 0.05
12 National Commerce Corp 508 0.02 42 OceanFirst Financial Corp 1,071 0.04
73 National General Holdings Corp 1,939 0.07 19 Ocwen Financial Corp 39 –
11 National HealthCare Corp 924 0.03 385 Office Depot Inc 1,244 0.05
4 National Presto Industries Inc 554 0.02 24 OFG Bancorp 443 0.02
3 National Western Life Group Inc 814 0.03 – Ohio Valley Banc Corp 11 –
6 Natural Alternatives International Inc 56 – 47 Oil States International Inc 1,065 0.04
8 Natural Gas Services Group Inc 157 0.01 4 Oil-Dri Corp of America 111 –
16 Natural Grocers by Vitamin Cottage Inc 302 0.01 14 Old Line Bancshares Inc 412 0.02
12 Nature's Sunshine Products Inc 113 – 117 Old National Bancorp 2,186 0.08
25 Natus Medical Inc 879 0.03 2 Old Point Financial Corp 48 –
22 Nautilus Inc 285 0.01 234 Old Republic International Corp 5,283 0.19
196 Navient Corp 2,253 0.08 22 Old Second Bancorp Inc 319 0.01
26 Navigant Consulting Inc 656 0.02 122 Olin Corp 2,632 0.10
17 Navigators Group Inc 1,168 0.04 7 Olympic Steel Inc 133 –
37 NBT Bancorp Inc 1,454 0.05 6 Omnicell Inc 473 0.02
24 NCI Building Systems Inc 272 0.01 53 On Deck Capital Inc 417 0.02
12 NCS Multistage Holdings Inc 89 – 276 ON Semiconductor Corp 5,299 0.19
22 Nelnet Inc 1,215 0.04 104 OneMain Holdings Inc 3,044 0.11
25 NeoPhotonics Corp 194 0.01 30 OneSpan Inc 506 0.02
23 NETGEAR Inc 1,289 0.05 379 OPKO Health Inc 1,416 0.05
68 NetScout Systems Inc 1,829 0.07 8 Oppenheimer Holdings Inc 229 0.01
11 NetSol Technologies Inc 72 – 29 Opus Bank 633 0.02
7 Network-1 Technologies Inc 17 – 49 ORBCOMM Inc 466 0.02
11 New Home Co Inc 82 – 4 Orchids Paper Products Co 7 –
61 New Jersey Resources Corp 2,946 0.11 18 Orion Group Holdings Inc 80 –
40 New Media Investment Group Inc 532 0.02 38 Oritani Financial Corp 593 0.02
361 New York Community Bancorp Inc 3,833 0.14 5 Ormat Technologies Inc (Israel listing) 293 0.01
253 Newell Brands Inc 5,923 0.22 33 Ormat Technologies Inc (US listing) 1,857 0.07
134 Newfield Exploration Co 2,268 0.08 6 Orrstown Financial Services Inc 132 –
252 News Corp, Class A 3,274 0.12 13 Orthofix Medical Inc 810 0.03
22 News Corp, Class B 292 0.01 49 Oshkosh Corp 3,488 0.13
30 NewStar Financial Inc 8 – 13 OSI Systems Inc 956 0.03
5 Nexeo Solutions Inc 45 – 18 Otonomy Inc 40 –
31 Nexstar Media Group Inc 2,521 0.09 34 Overseas Shipholding Group Inc 73 –
48 NextGen Healthcare Inc 838 0.03 43 Owens & Minor Inc 330 0.01
2 NI Holdings Inc 39 – 74 Owens Corning 3,877 0.14
6 Nicholas Financial Inc 67 – 24 Owens-Illinois Inc 440 0.02
2 Nicolet Bankshares Inc 79 – 12 Oxford Industries Inc 977 0.04
218 Nielsen Holdings PLC 5,913 0.22 17 Pacific Ethanol Inc 25 –
17 NL Industries Inc 74 – 19 Pacific Mercantile Bancorp 149 0.01
48 NMI Holdings Inc 943 0.03 37 Pacific Premier Bancorp Inc 1,144 0.04
19 NN Inc 138 0.01 95 PacWest Bancorp 3,816 0.14
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 266
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 62.75% (continued) United States - 62.75% (continued)
4 PAM Transportation Services Inc 227 0.01 50 Post Holdings Inc 4,799 0.18
12 Panhandle Oil and Gas Inc 198 0.01 20 Potbelly Corp 201 0.01
5 Papa Murphy's Holdings Inc 24 – 8 Powell Industries Inc 259 0.01
29 Par Pacific Holdings Inc 494 0.02 12 PQ Group Holdings Inc 181 0.01
6 PAR Technology Corp 129 – 39 PRA Group Inc 1,203 0.04
15 Park Electrochemical Corp 259 0.01 11 Preferred Bank 555 0.02
11 Park National Corp 1,074 0.04 4 Preformed Line Products Co 263 0.01
10 Park-Ohio Holdings Corp 364 0.01 9 Premier Financial Bancorp Inc 168 0.01
6 Parke Bancorp Inc 106 – 34 Premier Inc 1,366 0.05
214 Parsley Energy Inc 4,311 0.16 39 Presidio Inc 555 0.02
21 Party City Holdco Inc 255 0.01 42 Prestige Consumer Healthcare Inc 1,636 0.06
9 Patrick Industries Inc 352 0.01 15 PRGX Global Inc 137 0.01
1 Patriot Transportation Holding Inc 29 – 22 PriceSmart Inc 1,449 0.05
77 Patterson Cos Inc 1,955 0.07 – PrimeEnergy Corp 5 –
165 Patterson-UTI Energy Inc 2,297 0.08 37 Primoris Services Corp 897 0.03
80 PBF Energy Inc 3,103 0.11 47 ProAssurance Corp 2,051 0.07
13 PC Connection Inc 403 0.01 59 ProPetro Holding Corp 958 0.04
4 PC-Tel Inc 15 – 54 Prosperity Bancshares Inc 3,754 0.14
8 PCM Inc 154 0.01 8 Protective Insurance Corp 163 0.01
1 PCSB Financial Corp 30 – 5 Prothena Corp PLC 56 –
50 PDC Energy Inc 1,687 0.06 9 Providence Service Corp 673 0.02
22 PDF Solutions Inc 204 0.01 4 Provident Bancorp Inc 115 –
114 PDL BioPharma Inc 349 0.01 4 Provident Financial Holdings Inc 72 –
– pdvWireless Inc 17 – 37 Provident Financial Services Inc 942 0.03
95 Peabody Energy Corp 2,952 0.11 8 Prudential Bancorp Inc 135 –
2 Peak Resorts Inc 10 – 213 PulteGroup Inc 5,636 0.21
15 Peapack Gladstone Financial Corp 416 0.02 48 PVH Corp 5,357 0.20
4 Penn Virginia Corp 220 0.01 8 Pyxus International Inc 120 –
3 Penns Woods Bancorp Inc 147 0.01 10 QCR Holdings Inc 362 0.01
65 Penske Automotive Group Inc 2,843 0.10 191 QEP Resources Inc 1,535 0.06
289 People's United Financial Inc 4,867 0.18 92 Qorvo Inc 6,079 0.22
13 People's Utah Bancorp 411 0.02 27 Quad/Graphics Inc 450 0.02
15 Peoples Bancorp Inc 507 0.02 19 Quanex Building Products Corp 294 0.01
1 Peoples Bancorp of North Carolina Inc 14 – 116 Quanta Services Inc 4,083 0.15
2 Peoples Financial Services Corp 79 – 2 Qumu Corp 5 –
7 Perceptron Inc 56 – 22 Quorum Health Corp 99 –
27 Perficient Inc 684 0.02 259 Qurate Retail Inc 5,759 0.21
68 Performance Food Group Co 2,332 0.09 165 Radian Group Inc 3,039 0.11
14 Performant Financial Corp 25 – 37 Radiant Logistics Inc 199 0.01
9 Perma-Pipe International Holdings Inc 77 – 10 Rafael Holdings Inc 80 –
105 Perrigo Co PLC 6,533 0.24 27 Ralph Lauren Corp 3,015 0.11
121 Perspecta Inc 2,549 0.09 80 Rambus Inc 701 0.03
25 Pfenex Inc 102 – 193 Range Resources Corp 2,809 0.10
3 PFSweb Inc 18 – 38 Rayonier Advanced Materials Inc 565 0.02
24 PH Glatfelter Co 309 0.01 4 RCI Hospitality Holdings Inc 97 –
8 PHI Inc 29 – 2 RCM Technologies Inc 10 –
40 Photronics Inc 390 0.01 12 RE/MAX Holdings Inc 403 0.01
15 PICO Holdings Inc 142 0.01 14 Reading International Inc 215 0.01
46 Pier 1 Imports Inc 66 – 34 RealNetworks Inc 87 –
90 Pilgrim's Pride Corp 1,778 0.06 85 Realogy Holdings Corp 1,629 0.06
60 Pinnacle Financial Partners Inc 3,457 0.13 16 Red Lion Hotels Corp 147 0.01
45 Pioneer Energy Services Corp 113 – 8 Red Robin Gourmet Burgers Inc 289 0.01
13 Piper Jaffray Cos 896 0.03 1 Red Violet Inc 10 –
218 Platform Specialty Products Corp 2,564 0.09 34 Regal Beloit Corp 2,642 0.10
56 Playa Hotels & Resorts NV 427 0.02 9 Regional Management Corp 255 0.01
20 Plexus Corp 1,200 0.04 27 Regis Corp 497 0.02
4 Plumas Bancorp 82 – 49 Reinsurance Group of America Inc 7,297 0.27
2 Ponce de Leon Federal Bank 24 – 57 Reliance Steel & Aluminum Co 4,551 0.17
76 Popular Inc 4,274 0.16 31 RenaissanceRe Holdings Ltd 4,111 0.15
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 267
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 62.75% (continued) United States - 62.75% (continued)
41 Renasant Corp 1,489 0.05 2 SecureWorks Corp 34 –
23 Renewable Energy Group Inc 617 0.02 9 Security National Financial Corp 48 –
28 Rent-A-Center Inc 407 0.01 13 Select Bancorp Inc 160 0.01
9 Repligen Corp 555 0.02 37 Select Energy Services Inc 356 0.01
12 Republic Bancorp Inc 529 0.02 98 Select Medical Holdings Corp 1,904 0.07
3 Republic First Bancorp Inc 19 – 40 Selective Insurance Group Inc 2,672 0.10
55 Resolute Forest Products Inc 600 0.02 61 SemGroup Corp 991 0.04
20 Resources Connection Inc 332 0.01 5 Seneca Foods Corp 184 0.01
35 REV Group Inc 424 0.02 113 Sensata Technologies Holding PLC 5,205 0.19
4 Revolution Lighting Technologies Inc 3 – 25 Sensient Technologies Corp 1,631 0.06
4 REX American Resources Corp 257 0.01 4 Sequential Brands Group Inc 4 –
71 Rexnord Corp 1,998 0.07 28 ServiceSource International Inc 37 –
6 RF Industries Ltd 50 – 4 Severn Bancorp Inc 40 –
77 Ribbon Communications Inc 412 0.02 16 Shiloh Industries Inc 129 –
10 Richardson Electronics Ltd 71 – 89 Ship Finance International Ltd 1,151 0.04
13 RigNet Inc 242 0.01 9 Shoe Carnival Inc 358 0.01
42 Ring Energy Inc 291 0.01 10 Shore Bancshares Inc 162 0.01
19 Riverview Bancorp Inc 153 0.01 10 SI Financial Group Inc 137 0.01
8 Roadrunner Transportation Systems Inc 6 – 12 Sierra Bancorp 353 0.01
3 Rocky Brands Inc 85 – 14 Sierra Oncology Inc 23 –
13 Rogers Corp 1,733 0.06 1 SIFCO Industries Inc 5 –
96 Rowan Cos PLC 1,337 0.05 42 Signature Bank 5,194 0.19
43 Royal Gold Inc 3,141 0.11 43 Signet Jewelers Ltd 2,254 0.08
51 RTI Surgical Inc 211 0.01 2 SilverBow Resources Inc 49 –
45 RTW RetailWinds Inc 150 0.01 79 Simmons First National Corp 2,332 0.09
41 Rubicon Project Inc 185 0.01 56 Simply Good Foods Co 1,131 0.04
17 Rudolph Technologies Inc 356 0.01 31 Simpson Manufacturing Co Inc 1,824 0.07
18 Rush Enterprises Inc, Class A 693 0.03 46 Sinclair Broadcast Group Inc 1,453 0.05
– Rush Enterprises Inc, Class B 19 – 88 Skechers U.S.A. Inc 2,376 0.09
34 Ryder System Inc 1,897 0.07 26 SkyWest Inc 1,488 0.05
30 S&T Bancorp Inc 1,267 0.05 298 SLM Corp 3,063 0.11
10 S&W Seed Co 28 – 93 SM Energy Co 1,907 0.07
11 Safety Insurance Group Inc 983 0.04 46 Smart & Final Stores Inc 291 0.01
3 Saga Communications Inc 96 – 1 SmartFinancial Inc 30 –
19 Saia Inc 1,139 0.04 38 Snap-on Inc 6,379 0.23
21 Salem Media Group Inc 60 – 20 Sonic Automotive Inc 309 0.01
– Salisbury Bancorp Inc 11 – 67 Sonoco Products Co 3,851 0.14
19 Sanderson Farms Inc 2,097 0.08 28 South State Corp 2,020 0.07
14 SandRidge Energy Inc 135 – 5 Southern First Bancshares Inc 194 0.01
31 Sandy Spring Bancorp Inc 1,114 0.04 5 Southern Missouri Bancorp Inc 176 0.01
41 Sanmina Corp 1,104 0.04 11 Southern National Bancorp of Virginia Inc 169 0.01
219 Santander Consumer USA Holdings Inc 4,250 0.16 30 Southside Bancshares Inc 1,031 0.04
6 Sapiens International Corp NV 77 – 445 Southwestern Energy Co 2,145 0.08
2 SB Financial Group Inc 33 – 17 SP Plus Corp 501 0.02
1 SB One Bancorp 32 – 25 Spartan Motors Inc 200 0.01
15 ScanSource Inc 565 0.02 18 SpartanNash Co 346 0.01
63 Schneider National Inc 1,399 0.05 4 Sparton Corp 55 –
16 Schnitzer Steel Industries Inc 457 0.02 34 Spectrum Brands Holdings Inc 1,688 0.06
16 Scholastic Corp 739 0.03 33 Speedway Motorsports Inc 566 0.02
22 Schweitzer-Mauduit International Inc 632 0.02 54 Spirit Airlines Inc 3,476 0.13
41 Scorpio Bulkers Inc 252 0.01 13 Spok Holdings Inc 183 0.01
271 Scorpio Tankers Inc 561 0.02 34 SPX FLOW Inc 1,277 0.05
1 Seaboard Corp 1,902 0.07 193 SRC Energy Inc 1,116 0.04
29 Seachange International Inc 49 – – SS&C Technologies Holdings Inc 7 –
34 Seacoast Banking Corp of Florida 977 0.04 39 St Joe Co 583 0.02
9 SEACOR Holdings Inc 373 0.01 15 Stage Stores Inc 24 –
16 SEACOR Marine Holdings Inc 291 0.01 – Standard AVB Financial Corp 6 –
5 Sears Hometown and Outlet Stores Inc 10 – 16 Standard Motor Products Inc 859 0.03
9 SeaSpine Holdings Corp 179 0.01 9 Standex International Corp 736 0.03
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 268
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 62.75% (continued) United States - 62.75% (continued)
32 State Auto Financial Corp 1,114 0.04 113 TFS Financial Corp 1,811 0.07
29 State Bank Financial Corp 699 0.03 24 Thermon Group Holdings Inc 537 0.02
24 Steel Connect Inc 40 – 5 TheStreet Inc 7 –
160 Steel Dynamics Inc 5,623 0.21 65 Third Point Reinsurance Ltd 672 0.02
63 Steelcase Inc 1,027 0.04 24 Thor Industries Inc 1,619 0.06
16 Stepan Co 1,309 0.05 5 Tidewater Inc 121 –
58 Stericycle Inc 2,803 0.10 39 Tile Shop Holdings Inc 230 0.01
10 Steris PLC 1,176 0.04 15 Tilly's Inc 169 0.01
172 Sterling Bancorp 3,312 0.12 2 Timberland Bancorp Inc 68 –
20 Sterling Construction Co Inc 253 0.01 52 Timken Co 2,092 0.08
61 Steven Madden Ltd 1,959 0.07 35 TimkenSteel Corp 388 0.01
15 Stewart Information Services Corp 636 0.02 29 Tiptree Inc 160 0.01
52 Stifel Financial Corp 2,506 0.09 45 Titan International Inc 295 0.01
17 Stock Yards Bancorp Inc 535 0.02 17 Titan Machinery Inc 291 0.01
20 Stoneridge Inc 542 0.02 71 TiVo Corp 704 0.03
39 Stratasys Ltd 825 0.03 112 Toll Brothers Inc 3,680 0.13
2 Strattec Security Corp 73 – 11 Tompkins Financial Corp 892 0.03
5 Stratus Properties Inc 123 – 26 TopBuild Corp 1,311 0.05
7 Summit Financial Group Inc 153 0.01 74 Torchmark Corp 6,374 0.23
73 Summit Materials Inc 1,058 0.04 14 Tower International Inc 405 0.01
1 Summit State Bank 9 – 58 Towne Bank 1,673 0.06
17 Sun Hydraulics Corp 688 0.03 11 Townsquare Media Inc 66 –
38 SunCoke Energy Inc 371 0.01 7 Trans World Entertainment Corp 7 –
40 Sunrun Inc 582 0.02 3 Transcat Inc 66 –
35 Super Micro Computer Inc 519 0.02 341 Transocean Ltd 3,164 0.12
122 Superior Energy Services Inc 665 0.02 23 TravelCenters of America LLC 105 –
10 Superior Group of Cos Inc 186 0.01 16 Trecora Resources 150 0.01
13 Superior Industries International Inc 97 – 16 Tredegar Corp 267 0.01
28 Sykes Enterprises Inc 768 0.03 46 TreeHouse Foods Inc 2,414 0.10
7 Synalloy Corp 116 – 106 TRI Pointe Group Inc 1,328 0.06
25 Synaptics Inc 964 0.04 13 Tribune Media Co 532 0.02
26 Synchronoss Technologies Inc 160 0.01 6 Tribune Publishing Co 95 –
82 Syneos Health Inc 4,246 0.16 24 TriCo Bancshares 928 0.03
3 Synlogic Inc 21 – 33 TriMas Corp 971 0.05
30 SYNNEX Corp 2,450 0.09 112 Trinity Industries Inc 2,669 0.10
91 Synovus Financial Corp 3,437 0.13 15 Trinseo SA 778 0.03
24 Talos Energy Inc 473 0.02 12 Triple-S Management Corp 234 0.01
4 Tandy Leather Factory Inc 23 – 21 TriState Capital Holdings Inc 540 0.02
155 Targa Resources Corp 6,917 0.25 68 Triton International Ltd 2,321 0.09
27 Taro Pharmaceutical Industries Ltd 2,886 0.11 23 Triumph Bancorp Inc 873 0.03
88 Taylor Morrison Home Corp 1,494 0.05 40 Triumph Group Inc 666 0.02
127 TCF Financial Corp 2,852 0.10 68 Tronox Ltd 724 0.03
19 Team Inc 312 0.01 33 TrueBlue Inc 829 0.03
28 Tech Data Corp 2,479 0.09 79 TrustCo Bank Corp NY 624 0.02
189 TechnipFMC PLC 4,359 0.16 56 Trustmark Corp 1,821 0.08
14 Teekay Corp 60 – 57 TTM Technologies Inc 676 0.02
68 Teekay Tankers Ltd 76 – 21 Tuesday Morning Corp 52 –
151 TEGNA Inc 2,004 0.07 24 Tutor Perini Corp 448 0.02
22 Tejon Ranch Co 391 0.01 8 Twin Disc Inc 147 0.01
14 Telaria Inc 43 – 7 Two River Bancorp 101 –
80 Telephone & Data Systems Inc 2,850 0.10 6 UFP Technologies Inc 211 0.01
20 Tenneco Inc 666 0.02 26 Ultra Clean Holdings Inc 243 0.01
64 Terex Corp 2,123 0.08 11 Ultralife Corp 81 –
7 Territorial Bancorp Inc 189 0.01 38 UMB Financial Corp 2,586 0.10
7 TESSCO Technologies Inc 84 – 169 Umpqua Holdings Corp 3,257 0.13
92 TETRA Technologies Inc 213 0.01 6 Unifi Inc 156 0.01
21 Tetraphase Pharmaceuticals Inc 38 – 10 UniFirst Corp 1,611 0.07
38 Texas Capital Bancshares Inc 2,263 0.08 48 Union Bankshares Corp 1,713 0.07
15 Textainer Group Holdings Ltd 169 0.01 4 Unique Fabricating Inc 24 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 269
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 62.75% (continued) United States - 62.75% (continued)
33 Unit Corp 676 0.02 125 Voya Financial Inc 5,625 0.21
80 United Bankshares Inc 2,876 0.12 8 VSE Corp 237 0.01
64 United Community Banks Inc 1,652 0.07 39 Wabash National Corp 599 0.02
42 United Community Financial Corp 401 0.01 59 Waddell & Reed Financial Inc 1,209 0.05
41 United Financial Bancorp Inc 677 0.02 22 Walker & Dunlop Inc 1,032 0.05
14 United Fire Group Inc 758 0.03 50 Washington Federal Inc 1,452 0.06
37 United Insurance Holdings Corp 714 0.03 12 Washington Trust Bancorp Inc 652 0.02
31 United Natural Foods Inc 670 0.02 24 Waterstone Financial Inc 406 0.01
16 United Rentals Inc 1,869 0.07 20 Watts Water Technologies Inc 1,480 0.06
12 United Security Bancshares 124 – 2 Wayside Technology Group Inc 26 –
30 United States Cellular Corp 1,670 0.07 63 Webster Financial Corp 3,801 0.15
4 United States Lime & Minerals Inc 299 0.01 21 Weis Markets Inc 954 0.03
133 United States Steel Corp 3,062 0.12 52 Werner Enterprises Inc 1,774 0.07
28 United Therapeutics Corp 3,294 0.13 47 WesBanco Inc 2,040 0.08
8 Unity Bancorp Inc 183 0.01 86 Wesco Aircraft Holdings Inc 823 0.03
95 Univar Inc 2,050 0.07 40 WESCO International Inc 2,158 0.09
11 Universal Corp 678 0.02 12 West Bancorporation Inc 244 0.01
8 Universal Electronics Inc 275 0.01 19 Westamerica Bancorporation 1,207 0.04
53 Universal Forest Products Inc 1,476 0.05 2 Westbury Bancorp Inc 32 –
50 Universal Health Services Inc 6,865 0.26 73 Western Alliance Bancorp 3,399 0.13
25 Universal Insurance Holdings Inc 1,088 0.04 25 Western New England Bancorp Inc 246 0.01
7 Universal Stainless & Alloy Products Inc 144 0.01 30 Westlake Chemical Corp 2,141 0.09
13 Universal Technical Institute Inc 42 – 55 WestRock Co 2,592 0.09
25 Univest Corp of Pennsylvania 645 0.02 4 Westwood Holdings Group Inc 167 0.01
167 Unum Group 6,000 0.23 8 Weyco Group Inc 278 0.01
71 Urban Outfitters Inc 2,708 0.10 39 Whirlpool Corp 4,864 0.19
4 US Auto Parts Network Inc 4 – 3 White Mountains Insurance Group Ltd 2,867 0.10
6 US Concrete Inc 217 0.01 72 Whiting Petroleum Corp 2,168 0.09
146 US Foods Holding Corp 4,845 0.19 55 WildHorse Resource Development Corp 1,017 0.04
51 US Silica Holdings Inc 725 0.03 19 William Lyon Homes 234 0.01
5 USA Truck Inc 109 – 6 Williams Industrial Services Group Inc 13 –
91 USG Corp 3,923 0.15 2 Willis Lease Finance Corp 57 –
251 Valley National Bancorp 2,711 0.10 23 Winnebago Industries Inc 564 0.02
15 Valmont Industries Inc 1,977 0.08 44 Wintrust Financial Corp 3,377 0.13
18 Varex Imaging Corp 475 0.02 110 WisdomTree Investments Inc 777 0.03
9 Vectrus Inc 228 0.01 61 Wolverine World Wide Inc 2,123 0.09
38 Veeco Instruments Inc 335 0.01 40 Woodward Inc 3,377 0.13
54 Veoneer Inc 1,757 0.07 7 World Acceptance Corp 726 0.03
25 Vera Bradley Inc 274 0.01 50 World Fuel Services Corp 1,282 0.05
44 Verint Systems Inc 2,001 0.08 43 Worthington Industries Inc 1,790 0.07
11 Veritex Holdings Inc 292 0.01 295 WPX Energy Inc 4,115 0.16
12 Veritiv Corp 369 0.01 89 WR Berkley Corp 7,008 0.27
30 Verso Corp 754 0.03 23 WSFS Financial Corp 963 0.04
9 Viacom Inc, Class A 300 0.01 199 Xerox Corp 5,352 0.20
179 Viacom Inc, Class B 5,529 0.20 18 XO Group Inc 624 0.02
9 Viad Corp 467 0.02 22 Xperi Corp 311 0.01
39 ViaSat Inc 2,696 0.10 78 XPO Logistics Inc 5,891 0.23
158 Viavi Solutions Inc 1,605 0.07 55 Yelp Inc 1,859 0.08
8 Village Super Market Inc 210 0.01 20 ZAGG Inc 201 0.01
2 Virco Manufacturing Corp 10 – 3 Zedge Inc 11 –
6 Virtus Investment Partners Inc 585 0.02 149 Zions Bancorp NA 7,259 0.29
87 Vishay Intertechnology Inc 1,817 0.08 14 Zumiez Inc 276 0.01
5 Vishay Precision Group Inc 169 0.01 571 Zynga Inc 2,065 0.08
42 Vista Outdoor Inc 475 0.02 1,717,086 62.75
346 Vistra Energy Corp 8,123 0.30 Total Common Stock - 99.73% (30 November 2017: 99.34%) 2,728,924 99.73
21 Vitamin Shoppe Inc 162 0.01
4 Vivint Solar Inc 23 –
10 Volt Information Sciences Inc 25 –
11 VOXX International Corp 56 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 270
Global Targeted Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Preferred Stock Rights
Germany - 0.08% Austria - 0.00%
13 Biotest AG 342 0.01 11 Intercell AG – –
6 Draegerwerk AG & Co KGaA 343 0.01 – –
32 Jungheinrich AG 1,073 0.04 Japan - 0.00%
30 Schaeffler AG 256 0.01 14 Akatsuki Corp 7 –
2 STO SE & Co KGaA 189 0.01 7 –
6 Villeroy & Boch AG 108 –
Sweden - 0.00%
2,311 0.08
10 Ahlstrom-Munksjo Oyj 10 –
Total Preferred Stock - 0.08% (30 November 2017: 0.11%) 2,311 0.08
10 –
Total Rights - 0.00% (30 November 2017: 0.00%) 17 –
Real Estate Investment Trust
Israel - 0.00%
Warrants
15 Summit Real Estate Holdings Ltd 136 –
Canada - 0.00%
136 –
2 Tervita Corp 1 –
Japan - 0.00%
1 –
10 Urbanet Corp Co Ltd 32 –
Singapore - 0.00%
32 –
581 Ezion Holdings Ltd – –
United States - 0.02%
– –
15 CorePoint Lodging Inc 212 0.02
Sweden - 0.00%
212 0.02
2 Anoto Group AB – –
Total Real Estate Investment Trust - 0.02% (30 November
2017: 0.01%) 380 0.02 – –
Total Warrants - 0.00% (30 November 2017: 0.00%) 1 –
Total Investments - 99.83% (30 November 2017: 99.46%) 2,731,633 99.83
% of Net
Value (000's) Asset
USD Value
Cash and Cash Equivalents - 0.41% (30 November 2017: 0.91%) 11,133 0.41
Other Liabilities in Excess of Assets - (0.24)% (30 November 2017: (0.37)%) (6,544) (0.24)
Total Net Assets 2,736,222 100.00
Amounts designated as “- “ are either $0, less than $500 or less than 500 shares.
Analysis of Total Assets (unaudited) % of Total Assets
Transferable securities admitted to an official exchange listing 97.29
Transferable securities dealt in on another regulated market 1.07
Current Assets 1.64
Total Assets 100.00
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 271
Global Ultra Short Fixed Income Fund
Portfolio of Investments as at 30 November 2018
% of Net % of Net
Face Value Coupon Maturity Value (000's) Asset Face Value Coupon Maturity Value (000's) Asset
(000's) Rate % Date GBP Value (000's) Rate % Date GBP Value
Corporate Bonds Corporate Bonds (continued)
Australia - 1.73% France - 4.56% (continued)
3,131 BHP Billiton Finance 2,000 IXIS Corporate &
USA Ltd 6.500 01/04/2019 2,485 0.34 Investment Bank SA 5.875 24/02/2020 2,109 0.29
3,000 Macquarie Bank Ltd 2.400 21/01/2020 2,327 0.32 7,000 Orange SA 1.625 03/11/2019 5,408 0.74
5,000 National Australia 1,300 Societe Generale SA 2.625 16/09/2020 1,004 0.13
Bank Ltd 3.216 14/01/2019 3,926 0.53 2,000 Total Capital
5,000 National Australia International SA 2.125 10/01/2019 1,568 0.21
Bank Ltd 2.946 29/08/2019 3,927 0.54
4,884 Total Capital SA 3.875 14/12/2018 4,888 0.67
12,665 1.73
33,429 4.56
Belgium - 0.81%
Germany - 5.65%
2,350 Eni Finance
International SA 6.125 17/12/2018 2,354 0.32 4,000 Deutsche Bank AG 2.500 13/02/2019 3,129 0.43
3,550 Eni Finance 4,000 Deutsche Bank AG 1.000 18/03/2019 3,559 0.49
International SA 5.000 27/01/2019 3,568 0.49 9,000 FMS Wertmanagement 1.250 08/03/2019 9,008 1.23
5,922 0.81 6,000 Kreditanstalt fuer
Wiederaufbau 1.625 05/06/2020 6,055 0.83
Canada - 14.10% 15,000 Kreditanstalt fuer
1,060 Bank of Montreal 2.100 12/12/2019 823 0.11 Wiederaufbau 2.750 15/07/2020 11,740 1.60
6,500 Bank of Montreal 2.100 15/06/2020 5,013 0.68 5,000 Kreditanstalt fuer
2,000 Bank of Nova Scotia 0.000 28/02/2019 1,571 0.21 Wiederaufbau 2.750 08/09/2020 3,913 0.53
4,500 Volkswagen Leasing
2,000 Bank of Nova Scotia 2.400 28/10/2019 1,181 0.16 GmbH 0.250 05/10/2020 3,984 0.54
3,782 Bank of Nova Scotia 2.350 21/10/2020 2,916 0.40
4,000 Canadian Imperial 41,388 5.65
Bank of Commerce 2.350 24/06/2019 2,364 0.32 Ireland - 0.77%
4,000 Canadian Imperial 5,659 GE Capital UK
Bank of Commerce 1.600 06/09/2019 3,103 0.42 Funding Unlimited Co 2.375 19/12/2018 5,660 0.77
6,500 Canadian Natural 5,660 0.77
Resources Ltd 3.050 19/06/2019 3,846 0.53
4,300 Canadian Natural Italy - 0.89%
Resources Ltd 2.050 01/06/2020 2,501 0.34 3,558 Enel SpA 6.250 20/06/2019 3,646 0.50
8,500 Daimler Canada
Finance Inc 1.780 19/08/2019 4,990 0.68
3,650 Intesa Sanpaolo SpA 3.875 15/01/2019 2,863 0.39
1,500 Ford Credit Canada Co 3.140 14/06/2019 886 0.12
6,509 0.89
4,000 HSBC Bank Canada 2.491 13/05/2019 2,364 0.32
8,400 John Deere Canada Japan - 2.47%
Funding Inc 2.350 24/06/2019 4,963 0.68 4,000 Mizuho Bank Ltd 2.450 16/04/2019 3,132 0.43
2,800 National Bank of 2,500 Mizuho Bank Ltd 2.400 26/03/2020 1,938 0.26
Canada 2.404 28/10/2019 1,654 0.23
8,000 National Bank of 1,200 Mizuho Bank Ltd 2.700 20/10/2020 929 0.13
Canada 1.742 03/03/2020 4,674 0.64 6,000 MUFG Bank Ltd 2.350 08/09/2019 4,680 0.64
9,600 Rogers 1,500 Nomura Holdings Inc 2.750 19/03/2019 1,176 0.16
Communications Inc 2.800 13/03/2019 5,678 0.78 2,000 Sumitomo Mitsui
13,500 Royal Bank of Canada 2.770 11/12/2018 7,975 1.09 Banking Corp 2.050 18/01/2019 1,568 0.21
435 Royal Bank of Canada 2.864 10/01/2019 341 0.05 6,000 Sumitomo Mitsui
Banking Corp 2.250 11/07/2019 4,684 0.64
6,000 Royal Bank of Canada 1.920 17/07/2020 3,500 0.48
3,000 Toronto-Dominion 18,107 2.47
Bank 2.447 02/04/2019 1,774 0.24 Luxembourg - 0.15%
4,500 Toronto-Dominion
1,425 Allergan Funding SCS 2.450 15/06/2019 1,115 0.15
Bank 1.450 13/08/2019 3,495 0.48
4,000 Toronto-Dominion 1,115 0.15
Bank 1.900 24/10/2019 3,106 0.42 Netherlands - 5.10%
20,000 Toronto-Dominion
3,500 ABB Finance BV 2.625 26/03/2019 3,137 0.43
Bank 1.693 02/04/2020 11,664 1.59
9,300 Toyota Credit Canada 6,500 ABN AMRO Bank NV 2.500 18/12/2018 6,503 0.89
Inc 2.250 23/05/2019 5,493 0.75 5,977 BMW Finance NV 3.375 14/12/2018 5,980 0.82
22,500 Toyota Credit Canada 5,240 BNG Bank NV 2.125 13/02/2019 454 0.06
Inc 2.480 19/11/2019 13,285 1.81 4,000 BNG Bank NV 1.125 07/03/2019 4,002 0.55
3,100 Toyota Credit Canada 1,278 Daimler International
Inc 2.050 20/05/2020 1,810 0.25 Finance BV 3.500 06/06/2019 1,289 0.18
4,000 Wells Fargo Canada
2,327 Deutsche Telekom
Corp 2.944 25/07/2019 2,370 0.32 International Finance
103,340 14.10 BV 6.000 08/07/2019 1,857 0.25
France - 4.56% 3,700 E.ON International
Finance BV 6.000 30/10/2019 3,847 0.52
4,000 BNP Paribas SA 2.450 17/03/2019 3,133 0.43
1,119 ING Bank NV 2.500 01/10/2019 874 0.12
562 BNP Paribas SA 2.500 23/08/2019 509 0.07
2,200 Mylan NV 2.500 07/06/2019 1,717 0.23
5,100 BPCE SA 2.500 15/07/2019 3,989 0.54 2,500 Opel Finance
5,000 Danone SA 1.691 30/10/2019 3,865 0.53 International BV 1.875 15/10/2019 2,257 0.31
6,500 Dexia Credit Local SA 1.125 24/02/2019 6,502 0.89 4,000 Siemens
575 Electricite de France Financieringsmaatscha
SA 6.500 26/01/2019 454 0.06 ppij NV 1.300 13/09/2019 3,096 0.42
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 272
Global Ultra Short Fixed Income Fund
Portfolio of Investments as at 30 November 2018 (continued)
% of Net % of Net
Face Value Coupon Maturity Value (000's) Asset Face Value Coupon Maturity Value (000's) Asset
(000's) Rate % Date GBP Value (000's) Rate % Date GBP Value
Corporate Bonds (continued) Corporate Bonds (continued)
Netherlands - 5.10% (continued) United States - 38.22% (continued)
3,000 Siemens 400 American Honda
Financieringsmaatscha Finance Corp 1.700 22/02/2019 313 0.04
ppij NV 2.200 16/03/2020 2,325 0.32 1,798 American Honda
37,338 5.10 Finance Corp 1.200 12/07/2019 1,395 0.19
1,534 American Honda
New Zealand - 0.07% Finance Corp 2.250 15/08/2019 1,192 0.16
700 ANZ New Zealand Int'l 3,500 American Honda
Ltd/London 2.850 06/08/2020 543 0.07 Finance Corp 1.875 04/09/2019 3,157 0.43
543 0.07 828 Ameriprise Financial
Inc 7.300 28/06/2019 665 0.09
Spain - 0.29%
7,500 Amgen Inc 1.900 10/05/2019 5,853 0.80
2,000 Telefonica Emisiones
SAU 5.597 12/03/2020 2,096 0.29 1,000 Amgen Inc 3.450 01/10/2020 785 0.11
2,096 0.29 1,550 Anthem Inc 2.250 15/08/2019 1,209 0.17
4,500 Anthem Inc 4.350 15/08/2020 3,581 0.49
Supranational - 2.31%
936 Asian Development 1,200 Aon Corp 5.000 30/09/2020 966 0.13
Bank 1.625 05/05/2020 722 0.10 1,620 Apple Inc 2.671 08/02/2019 1,271 0.17
5,000 European Investment 6,575 AT&T Inc 5.875 01/10/2019 5,273 0.72
Bank 1.375 15/06/2020 3,836 0.52 4,000 Bank of America Corp 2.650 01/04/2019 3,135 0.43
5,000 Inter-American
Development Bank 1.625 12/05/2020 3,857 0.53 3,309 Bank of America Corp 5.500 04/12/2019 3,441 0.47
5,929 International Bank for 1,190 Bayer US Finance II
Reconstruction & LLC 2.125 15/07/2019 928 0.13
Development 1.875 30/05/2019 3,504 0.48 4,530 Bayer US Finance LLC 2.375 08/10/2019 3,524 0.48
5,000 International Bank for 5,071 BB&T Corp 6.850 30/04/2019 4,041 0.55
Reconstruction & 7,000 Biogen Inc 2.900 15/09/2020 5,433 0.74
Development 1.625 04/09/2020 3,840 0.52
4,975 CA Inc 5.375 01/12/2019 3,964 0.54
1,500 International Finance
Corp 1.625 16/07/2020 1,153 0.16 4,400 Cardinal Health Inc 1.948 14/06/2019 3,429 0.47
16,912 2.31 1,869 Cardinal Health Inc 2.400 15/11/2019 1,453 0.20
2,599 Caterpillar Financial
Sweden - 0.21% Services Corp 7.150 15/02/2019 2,055 0.28
2,000 Svensk Exportkredit 3,470 Caterpillar Financial
AB 1.750 28/08/2020 1,537 0.21 Services Corp 1.900 22/03/2019 2,716 0.37
1,537 0.21 2,500 Caterpillar Financial
Services Corp 2.000 05/03/2020 1,934 0.26
Switzerland - 0.57%
3,492 Celgene Corp 2.250 15/05/2019 2,729 0.37
3,500 UBS AG 2.375 14/08/2019 2,731 0.37
UBS Group Funding 4,700 Chevron Corp 2.797 28/02/2019 3,689 0.50
1,900 Switzerland AG 2.950 24/09/2020 1,471 0.20 3,449 Citigroup Inc 8.500 22/05/2019 2,774 0.38
4,202 0.57 4,000 CNA Financial Corp 5.875 15/08/2020 3,248 0.44
2,000 Comcast Corp 5.700 01/07/2019 1,592 0.22
United Kingdom - 5.71%
2,000 Comcast Corp 5.150 01/03/2020 1,606 0.22
6,059 AstraZeneca PLC 1.950 18/09/2019 4,708 0.64 2,000 Costco Wholesale
4,000 Barclays PLC 2.750 08/11/2019 3,110 0.43 Corp 1.700 15/12/2019 1,550 0.21
5,500 BP Capital Markets 4,775 Costco Wholesale
PLC 4.325 10/12/2018 5,503 0.75 Corp 1.750 15/02/2020 3,685 0.50
924 BP Capital Markets 4,317 Dominion Energy Inc 1.600 15/08/2019 3,349 0.46
PLC 2.237 10/05/2019 722 0.10
3,500 British 2,000 DTE Energy Co 1.500 01/10/2019 1,547 0.21
Telecommunications 4,000 Enterprise Products
PLC 2.350 14/02/2019 2,742 0.37 Operating LLC 5.200 01/09/2020 3,224 0.44
3,500 Coca-Cola European 4,130 Exelon Generation Co
Partners PLC 2.000 05/12/2019 3,159 0.43 LLC 5.200 01/10/2019 3,292 0.45
7,200 Express Scripts
4,625 Lloyds Bank PLC 2.750 09/12/2018 4,635 0.63 Holding Co 2.250 15/06/2019 5,625 0.77
5,020 Nationwide Building 2,200 Ford Motor Credit Co
Society 2.350 21/01/2020 3,884 0.53 LLC 2.375 12/03/2019 1,722 0.24
6,040 Rolls-Royce PLC 6.750 30/04/2019 6,166 0.84 1,110 GATX Corp 2.500 15/03/2019 870 0.12
5,250 Santander UK PLC 1.875 17/02/2020 5,257 0.72 1,333 General Mills Inc 5.650 15/02/2019 1,051 0.14
2,500 Standard Chartered
PLC 2.400 08/09/2019 1,949 0.27 3,995 General Mills Inc 2.200 21/10/2019 3,106 0.42
1,000 General Motors
41,835 5.71 Financial Co Inc 3.500 10/07/2019 785 0.11
United States - 38.22% 1,501 General Motors
3,400 ABB Finance USA Inc 2.800 03/04/2020 2,652 0.36 Financial Co Inc 2.350 04/10/2019 1,169 0.16
4,500 Adobe Systems Inc 4.750 01/02/2020 3,591 0.49 680 Georgia Power Co 1.950 01/12/2018 534 0.07
3,500 Agilent Technologies 1,304 Gilead Sciences Inc 2.050 01/04/2019 1,020 0.14
Inc 5.000 15/07/2020 2,814 0.38 6,000 Gilead Sciences Inc 1.850 20/09/2019 4,662 0.64
3,000 Allergan Inc/United 2,361 Goldman Sachs Group
States 3.375 15/09/2020 2,344 0.32 Inc 6.000 15/06/2020 1,918 0.26
3,000 Amazon.com Inc 1.900 21/08/2020 2,313 0.32 4,000 Hewlett Packard
3,120 American Express Enterprise Co 2.100 04/10/2019 3,097 0.42
Credit Corp 2.125 18/03/2019 2,442 0.33 1,070 Honeywell
4,500 American Express International Inc 1.800 30/10/2019 831 0.11
Credit Corp 2.250 15/08/2019 3,512 0.48 4,000 HSBC USA Inc 2.350 05/03/2020 3,099 0.42
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 273
Global Ultra Short Fixed Income Fund
Portfolio of Investments as at 30 November 2018 (continued)
% of Net % of Net
Face Value Coupon Maturity Value (000's) Asset Face Value Coupon Maturity Value (000's) Asset
(000's) Rate % Date GBP Value (000's) Rate % Date GBP Value
Corporate Bonds (continued) Government Bonds
United States - 38.22% (continued) Canada - 10.40%
2,985 Humana Inc 2.625 01/10/2019 2,335 0.32 24,000 Canada Housing Trust
No 1 1.950 15/06/2019 14,175 1.94
2,000 IBM Credit LLC 1.625 06/09/2019 1,553 0.21
6,000 Canada Housing Trust
4,000 Intel Corp 1.850 11/05/2020 3,092 0.42 No 1 2.000 15/12/2019 3,540 0.48
2,427 International Business 5,500 Canada Housing Trust
Machines Corp 1.800 17/05/2019 1,895 0.26 No 1 1.200 15/06/2020 3,200 0.44
1,108 International Business 4,000 Canadian Government
Machines Corp 1.900 27/01/2020 857 0.12 Bond 0.750 01/08/2019 2,344 0.32
1,120 John Deere Capital
5,000 CPPIB Capital Inc 1.100 10/06/2019 2,940 0.40
Corp 1.250 09/10/2019 866 0.12
19,000 Province of Alberta
6,600 JPMorgan Chase & Co 1.875 10/02/2020 6,625 0.90 Canada 2.000 01/06/2019 11,221 1.53
4,480 KeyBank NA 2.350 08/03/2019 3,510 0.48 5,000 Province of Alberta
600 Kraft Heinz Foods Co 5.375 10/02/2020 481 0.07 Canada 1.250 01/06/2020 2,908 0.40
4,346 Kroger Co 1.500 30/09/2019 3,361 0.46 15,500 Province of British
Columbia Canada 4.650 18/12/2018 9,165 1.25
806 Lowe's Cos Inc 1.150 15/04/2019 628 0.09 10,300 Province of Ontario
3,370 McKesson Corp 2.284 15/03/2019 2,639 0.36 Canada 4.400 02/06/2019 6,155 0.84
8,203 Medtronic Inc 2.500 15/03/2020 6,385 0.87 6,000 Province of Ontario
2,715 Molson Coors Brewing Canada 1.875 21/05/2020 4,634 0.63
Co 1.900 15/03/2019 2,123 0.29 5,000 Province of Ontario
1,087 Morgan Stanley 2.450 01/02/2019 852 0.12 Canada 4.200 02/06/2020 3,036 0.42
4,932 Province of Quebec
3,000 Morgan Stanley 2.375 23/07/2019 2,342 0.32
Canada 3.500 29/07/2020 3,904 0.53
1,350 Morgan Stanley 2.800 16/06/2020 1,050 0.14 10,000 Province of
3,000 NBCUniversal Media Saskatchewan Canada 1.950 01/03/2019 5,908 0.81
LLC 5.150 30/04/2020 2,414 0.33 5,000 Province of
4,000 NetApp Inc 2.000 27/09/2019 3,106 0.42 Saskatchewan Canada 3.900 28/07/2020 3,030 0.41
3,500 NextEra Energy 76,160 10.40
Capital Holdings Inc 3.342 01/09/2020 2,734 0.37
1,110 Nissan Motor Finland - 0.68%
Acceptance Corp 2.000 08/03/2019 869 0.12 5,000 Municipality Finance
3,250 Nissan Motor PLC 1.250 07/03/2019 5,004 0.68
Acceptance Corp 2.125 03/03/2020 2,502 0.34 5,004 0.68
3,375 Nissan Motor
Acceptance Corp 2.150 28/09/2020 2,569 0.35 France - 0.89%
5,000 Norfolk Southern 3,400 Caisse
Railway Co 9.750 15/06/2020 4,310 0.59 d'Amortissement de la
5,000 Omnicom Group Inc / Dette Sociale 1.000 07/03/2019 3,400 0.47
Omnicom Capital Inc 4.450 15/08/2020 3,995 0.55 4,000 Caisse
d'Amortissement de la
7,000 PepsiCo Inc 4.500 15/01/2020 5,585 0.76 Dette Sociale 1.875 28/07/2020 3,081 0.42
514 Philip Morris
International Inc 1.375 25/02/2019 402 0.06 6,481 0.89
6,000 Philip Morris Japan - 0.32%
International Inc 1.875 01/11/2019 4,655 0.64 549 Japan Bank for
2,736 Prudential Financial International
Inc 7.375 15/06/2019 2,193 0.30 Cooperation 2.125 07/02/2019 430 0.06
7,000 QUALCOMM Inc 2.250 20/05/2020 5,410 0.74 2,500 Japan Bank for
1,000 Quest Diagnostics Inc 2.700 01/04/2019 784 0.11 International
Cooperation 1.750 28/05/2020 1,926 0.26
3,250 Republic Services Inc 5.500 15/09/2019 2,591 0.35
3,583 Sempra Energy 1.625 07/10/2019 2,766 0.38 2,356 0.32
8,500 Sherwin-Williams Co 2.250 15/05/2020 6,538 0.89 Sweden - 0.53%
6,860 Southern Co 1.850 01/07/2019 5,340 0.73 5,000 Kommuninvest I
Sverige AB 2.000 12/11/2019 3,894 0.53
6,085 Stryker Corp 2.000 08/03/2019 4,762 0.65
5,888 Sysco Corp 1.900 01/04/2019 4,604 0.63 3,894 0.53
Total Government Bonds - 12.82% (30 November 2017:
3,345 Target Corp 2.300 26/06/2019 2,614 0.36
19.82%) 93,895 12.82
3,448 TD Ameritrade Holding
Corp 5.600 01/12/2019 2,771 0.38 Total Investments - 96.43% (30 November 2017: 95.36%) 706,487 96.43
547 Unilever Capital Corp 2.200 06/03/2019 429 0.06
1,500 Unilever Capital Corp 1.800 05/05/2020 1,154 0.16
1,569 UnitedHealth Group
Inc 2.300 15/12/2019 1,223 0.17
3,800 UnitedHealth Group
Inc 2.700 15/07/2020 2,961 0.40
6,250 USAA Capital Corp 2.771 01/02/2019 4,906 0.67
1,785 Verizon
Communications Inc 2.625 21/02/2020 1,391 0.19
2,935 Walt Disney Co 0.875 12/07/2019 2,273 0.31
1,000 Walt Disney Co 1.950 04/03/2020 774 0.11
4,500 Walt Disney Co 2.150 17/09/2020 3,462 0.47
4,150 Wells Fargo & Co 2.125 22/04/2019 3,246 0.44
1,180 Wells Fargo & Co 2.600 22/07/2020 912 0.12
279,994 38.22
Total Corporate Bonds - 83.61% (30 November 2017: 75.54%) 612,592 83.61
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 274
Global Ultra Short Fixed Income Fund
Portfolio of Investments as at 30 November 2018 (continued)
Forward Currency Contracts
Unrealised
Appreciation/(Depreciation) % of Net
of Contracts (000's) Asset
Buy Amount (000's) Sell Amount (000's) Counterparty Maturity Date GBP Value
Buy 132,249 CAD Sell 78,046 GBP Barclays Bank 03/12/2018 68 0.01
Buy 1,518 CAD Sell 892 GBP State Street Bank 03/12/2018 4 –
Buy 13,274 EUR Sell 11,568 GBP Citibank 18/12/2018 232 0.03
Buy 12,281 EUR Sell 10,866 GBP Citibank 22/01/2019 65 0.01
Buy 12,000 EUR Sell 10,618 GBP Citibank 23/01/2019 64 0.01
Buy 9 EUR Sell 8 GBP State Street Bank 03/12/2018 – –
Buy 7 EUR Sell 6 GBP State Street Bank 04/12/2018 – –
Buy 13,284 EUR Sell 11,619 GBP State Street Bank 07/12/2018 185 0.03
Buy 96 EUR Sell 86 GBP State Street Bank 07/12/2018 – –
Buy 38 EUR Sell 33 GBP State Street Bank 18/12/2018 – –
Buy 32 EUR Sell 29 GBP State Street Bank 18/12/2018 – –
Buy 95 EUR Sell 84 GBP State Street Bank 22/01/2019 – –
Buy 11,794 EUR Sell 10,514 GBP State Street Bank 22/01/2019 (16) –
Buy 332 EUR Sell 291 GBP State Street Bank 23/01/2019 5 –
Buy 435 EUR Sell 389 GBP State Street Bank 23/01/2019 (1) –
Buy 78,070 GBP Sell 132,524 CAD Barclays Bank 04/02/2019 (55) (0.01)
Buy 79,034 GBP Sell 133,767 CAD Citibank 03/12/2018 24 –
Buy 76,202 GBP Sell 129,988 CAD Citibank 04/01/2019 (494) (0.07)
Buy 103 GBP Sell 117 EUR Barclays Bank 23/01/2019 (1) –
Buy 8 GBP Sell 9 EUR State Street Bank 03/12/2018 – –
Buy 36 GBP Sell 40 EUR State Street Bank 04/12/2018 – –
Buy 42 GBP Sell 47 EUR State Street Bank 07/12/2018 – –
Buy 6 GBP Sell 7 EUR State Street Bank 18/12/2018 – –
Buy 14 GBP Sell 16 EUR State Street Bank 22/01/2019 – –
Buy 49 GBP Sell 55 EUR State Street Bank 22/01/2019 – –
Buy 13 GBP Sell 14 EUR State Street Bank 23/01/2019 – –
Buy 9,463 GBP Sell 10,756 EUR State Street Bank 24/01/2019 (112) (0.02)
Buy 10,341 GBP Sell 11,680 EUR State Street Bank 01/10/2019 (51) (0.01)
Buy 454 GBP Sell 5,383 SEK State Street Bank 07/01/2019 (11) --
Buy 67,839 GBP Sell 88,886 USD Citibank 12/10/2018 (1,899) (0.26)
Buy 68,171 GBP Sell 88,092 USD Citibank 03/12/2018 (961) (0.13)
Buy 68,796 GBP Sell 87,994 USD Citibank 05/12/2018 (256) (0.03)
Buy 67,298 GBP Sell 87,756 USD Bank of America Merrill Lynch 12/11/2018 (1,550) (0.21)
Buy 66,393 GBP Sell 86,363 USD National Australia Bank 12/12/2018 (1,359) (0.19)
Buy 4,709 GBP Sell 6,109 USD State Street Bank 12/10/2018 (84) (0.01)
Buy 7,284 GBP Sell 9,391 USD State Street Bank 12/11/2018 (84) (0.01)
Buy 9,959 GBP Sell 12,784 USD State Street Bank 03/12/2018 (73) (0.01)
Buy 5,077 GBP Sell 6,496 USD State Street Bank 05/12/2018 (20) –
Buy 69,592 GBP Sell 91,600 USD State Street Bank 07/12/2018 (2,283) (0.31)
Buy 3,590 GBP Sell 4,610 USD State Street Bank 12/12/2018 (27) –
Buy 65,623 GBP Sell 84221 USD State Street Bank 28/02/2019 (168) (0.02)
Buy 1,845 SEK Sell 159 GBP State Street Bank 18/12/2018 – –
Buy 1,847 SEK Sell 159 GBP State Street Bank 20/12/2018 – –
Buy 4,678 USD Sell 3579 GBP State Street Bank 12/10/2018 91 0.01
Buy 12,498 USD Sell 9719 GBP State Street Bank 03/12/2018 90 0.01
Buy 2,895 USD Sell 2201 GBP State Street Bank 07/12/2018 71 0.01
Unrealised Appreciation of Forward Currency Contracts 899 0.12
Unrealised Depreciation of Forward Currency Contracts (9,505) (1.29)
Net Unrealised Depreciation of Forward Currency Contracts - (1.17)% (30 November 2017: 2.81%) (8,606) (1.17)
% of
Net
Value (000's) Asset
GBP Value
Cash and Cash Equivalents - 4.51% (30 November 2017: 2.82%) 33,020 4.51
Other Assets in Excess of Other Liabilities - 0.23% (30 November 2017: (0.99)%) 1,763 0.23
Total Net Assets 732,664 100.00
Amounts designated as “–“ are either £0 or less than £500.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 275
Global Ultra Short Fixed Income Fund
Portfolio of Investments as at 30 November 2018 (continued)
Analysis of Total Assets (unaudited) % of Total Assets
Transferable securities admitted to an official exchange listing 80.76
Transferable securities dealt in on another regulated market 13.65
OTC Financial derivative instruments 0.12
Current Assets 5.47
Total Assets 100.00
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 276
Global Value Fund
Portfolio of Investments as at 30 November 2018
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock Common Stock (continued)
Australia - 2.42% Canada - 3.40% (continued)
149 AMP Ltd 265 0.06 79 Kinross Gold Corp 215 0.05
115 Australia & New Zealand Banking Group Ltd 2,276 0.56 3 Linamar Corp 109 0.03
20 Bank of Queensland Ltd 146 0.04 38 Lundin Mining Corp 167 0.04
20 Bendigo & Adelaide Bank Ltd 160 0.04 13 Magna International Inc 665 0.16
43 BlueScope Steel Ltd 353 0.09 35 Manulife Financial Corp 570 0.14
44 Boral Ltd 165 0.04 8 Nutrien Ltd 386 0.09
8 Crown Resorts Ltd 66 0.02 15 Seven Generations Energy Ltd 113 0.03
30 Downer EDI Ltd 139 0.03 1 SNC-Lavalin Group Inc 33 0.01
117 Fortescue Metals Group Ltd 345 0.08 13 Sun Life Financial Inc 494 0.12
38 Harvey Norman Holdings Ltd 87 0.02 40 Suncor Energy Inc 1,275 0.31
43 Healthscope Ltd 72 0.02 34 Teck Resources Ltd 698 0.17
76 Incitec Pivot Ltd 210 0.05 1 TMX Group Ltd 86 0.02
29 LendLease Group 269 0.07 15 Tourmaline Oil Corp 202 0.05
77 National Australia Bank Ltd 1,400 0.34 24 Turquoise Hill Resources Ltd 44 0.01
31 Newcrest Mining Ltd 467 0.11 1 West Fraser Timber Co Ltd 57 0.01
44 Origin Energy Ltd 211 0.05 10 Wheaton Precious Metals Corp 165 0.04
37 QBE Insurance Group Ltd 304 0.07 14 Whitecap Resources Inc 48 0.01
55 Qube Holdings Ltd 109 0.03 21 Yamana Gold Inc 45 0.01
89 Santos Ltd 359 0.09 13,898 3.40
161 South32 Ltd 363 0.09 Denmark - 0.54%
40 Star Entertainment Grp Ltd 127 0.03 – AP Moller - Maersk AS, Class A 29 0.01
28 Suncorp Group Ltd 273 0.07 – AP Moller - Maersk AS, Class B 82 0.02
56 Tabcorp Holdings Ltd 175 0.04 3 Carlsberg AS 320 0.08
36 Westpac Banking Corp 693 0.17 8 Danske Bank AS 160 0.04
56 Whitehaven Coal Ltd 176 0.04 5 DSV AS 364 0.09
30 Woodside Petroleum Ltd 694 0.17 4 H Lundbeck AS 143 0.03
9,904 2.42 5 ISS AS 165 0.04
Austria - 0.07% 1 Jyske Bank AS 19 –
6 Raiffeisen Bank International AG 182 0.05 – Rockwool International AS, Class A 58 0.01
3 voestalpine AG 97 0.02 – Rockwool International AS, Class B 106 0.03
279 0.07 10 Vestas Wind Systems AS 760 0.19
Belgium - 0.37% 2,206 0.54
3 Ageas 162 0.04 Finland - 0.37%
6 KBC Group NV 425 0.11 13 Fortum Oyj 267 0.06
4 Solvay SA 423 0.10 77 Nokia Oyj 421 0.10
6 UCB SA 503 0.12 1 Sampo Oyj 38 0.01
1,513 0.37 22 Stora Enso Oyj 288 0.07
Canada - 3.40% 19 UPM-Kymmene Oyj 515 0.13
9 Agnico Eagle Mines Ltd 308 0.08 1,529 0.37
9 AltaGas Ltd 100 0.02 France - 3.80%
17 ARC Resources Ltd 120 0.03 1 Amundi SA 68 0.02
11 Bank of Montreal 841 0.21 4 Arkema SA 378 0.09
29 Bank of Nova Scotia 1,576 0.39 22 AXA SA 528 0.13
67 Barrick Gold Corp 859 0.21 21 BNP Paribas SA 1,050 0.26
13 Bausch Health Cos Inc 317 0.08 28 Bollore SA 122 0.03
9 Cameco Corp 105 0.03 13 Bouygues SA 482 0.12
4 Canadian Imperial Bank of Commerce 361 0.09 37 Carrefour SA 659 0.16
41 Canadian Natural Resources Ltd 1,029 0.25 1 Casino Guichard Perrachon SA 58 0.01
21 Cenovus Energy Inc 157 0.04 19 Cie de Saint-Gobain 705 0.17
29 Crescent Point Energy Corp 85 0.02 11 Cie Generale des Etablissements Michelin SCA 1,103 0.27
8 Empire Co Ltd 144 0.04 4 CNP Assurances 102 0.03
2 Enbridge Inc 53 0.01 14 Credit Agricole SA 171 0.04
40 Encana Corp 271 0.07 18 Electricite de France SA 304 0.07
2 Fairfax Financial Holdings Ltd 817 0.20 26 Engie SA 361 0.09
29 First Quantum Minerals Ltd 265 0.06 37 Natixis SA 205 0.05
2 Genworth MI Canada Inc 56 0.01 67 Orange SA 1,154 0.28
27 Goldcorp Inc 247 0.06 38 Peugeot SA 837 0.20
5 Great-West Lifeco Inc 116 0.03 12 Renault SA 875 0.21
23 Husky Energy Inc 282 0.07 12 Sanofi 1,125 0.28
7 Imperial Oil Ltd 206 0.05 3 SCOR SE 136 0.03
6 Industrial Alliance Insurance & Financial Services 7 SES SA 163 0.04
Inc 211 0.05
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 277
Global Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
France - 3.80% (continued) Israel - 0.11%
15 Societe Generale SA 559 0.14 36 Bank Hapoalim BM 247 0.06
79 Total SA 4,406 1.08 14 Bank Leumi Le-Israel BM 93 0.02
15,551 3.80 4 First International Bank Of Israel Ltd 98 0.02
Germany - 2.71% 1 Teva Pharmaceutical Industries Ltd 18 0.01
1 1&1 Drillisch AG 51 0.01 456 0.11
4 Allianz SE 858 0.21 Italy - 0.73%
19 Bayer AG 1,360 0.33 9 Eni SpA 147 0.04
15 Bayerische Motoren Werke AG 1,208 0.29 57 Fiat Chrysler Automobiles NV 941 0.23
37 Commerzbank AG 316 0.08 209 Intesa Sanpaolo SpA 486 0.12
3 Continental AG 474 0.12 12 Mediobanca Banca di Credito Finanziario SpA 106 0.02
40 Daimler AG 2,266 0.55 733 Telecom Italia SpA 478 0.12
51 Deutsche Bank AG 472 0.11 64 UniCredit SpA 819 0.20
19 Deutsche Lufthansa AG 474 0.12 2,977 0.73
39 Deutsche Telekom AG 678 0.17 Japan - 8.91%
2 Fraport AG Frankfurt Airport Services Worldwide 122 0.03 5 Aisin Seiki Co Ltd 202 0.05
1 Hapag-Lloyd AG 37 0.01 13 Amada Holdings Co Ltd 145 0.04
10 HeidelbergCement AG 659 0.16 1 Aoyama Trading Co Ltd 25 0.01
12 METRO AG 191 0.05 11 Asahi Glass Co Ltd 391 0.10
2 Muenchener Rueckversicherungs-Gesellschaft AG
1 Bank of Kyoto Ltd 48 0.01
in Muenchen 402 0.10
2 Canon Marketing Japan Inc 35 0.01
23 RWE AG 505 0.12
11 Chiba Bank Ltd 72 0.02
1 Siemens AG 118 0.03
1 Chugoku Bank Ltd 10 –
2 Talanx AG 79 0.02
23 Citizen Watch Co Ltd 120 0.03
69 Telefonica Deutschland Holding AG 282 0.07
8 Coca-Cola Bottlers Japan Holdings Inc 227 0.06
5 Uniper SE 136 0.03
23 Concordia Financial Group Ltd 106 0.03
3 United Internet AG 146 0.04
4 Cosmo Energy Holdings Co Ltd 82 0.02
1 Volkswagen AG 220 0.05
6 Credit Saison Co Ltd 72 0.02
1 Wacker Chemie AG 56 0.01
5 Dai Nippon Printing Co Ltd 120 0.03
11,110 2.71
22 Dai-ichi Life Holdings Inc 383 0.09
Hong Kong - 1.19%
15 Daicel Corp 169 0.04
24 Bank of East Asia Ltd 80 0.02
2 Daido Steel Co Ltd 61 0.01
14 BOC Aviation Ltd 106 0.03
6 Daio Paper Corp 75 0.02
59 Cathay Pacific Airways Ltd 85 0.02
83 Daiwa Securities Group Inc 458 0.11
29 CK Asset Holdings Ltd 210 0.05
5 DeNA Co Ltd 93 0.02
67 CK Hutchison Holdings Ltd 708 0.17
11 Denso Corp 505 0.12
3 Guoco Group Ltd 39 0.01
5 DIC Corp 166 0.04
44 Hang Lung Group Ltd 122 0.03
3 Dowa Holdings Co Ltd 96 0.02
52 Hang Lung Properties Ltd 106 0.03
6 Ebara Corp 143 0.04
35 Henderson Land Development Co Ltd 180 0.04
5 FUJIFILM Holdings Corp 191 0.05
3 Hopewell Holdings Ltd 10 –
10 Fujikura Ltd 46 0.01
37 Kerry Properties Ltd 128 0.03
4 Fukuoka Financial Group Inc 96 0.02
46 MTR Corp Ltd 240 0.06
1 Fukuyama Transporting Co Ltd 53 0.01
240 New World Development Co Ltd 324 0.08
5 Furukawa Electric Co Ltd 135 0.03
60 NWS Holdings Ltd 127 0.03
1 Fuyo General Lease Co Ltd 49 0.01
99 PCCW Ltd 58 0.01
2 Glory Ltd 48 0.01
28 Shangri-La Asia Ltd 40 0.01
4 Gunma Bank Ltd 20 –
181 Sino Land Co Ltd 313 0.08
6 H2O Retailing Corp 107 0.03
83 SJM Holdings Ltd 75 0.02
11 Hachijuni Bank Ltd 49 0.01
48 Sun Hung Kai Properties Ltd 693 0.17
9 Hankyu Hanshin Holdings Inc 306 0.08
48 Swire Pacific Ltd 80 0.02
2 Heiwa Corp 41 0.01
30 Swire Pacific Ltd, Class A 333 0.08
5 Hiroshima Bank Ltd 27 0.01
288 WH Group Ltd 210 0.05
3 Hitachi Capital Corp 84 0.02
81 Wharf Holdings Ltd 217 0.05
6 Hitachi Chemical Co Ltd 90 0.02
5 Wharf Real Estate Investment Co Ltd 30 0.01
31 Hitachi Ltd 917 0.22
34 Wheelock & Co Ltd 196 0.05
14 Hitachi Metals Ltd 157 0.04
52 Yue Yuen Industrial Holdings Ltd 152 0.04
52 Honda Motor Co Ltd 1,478 0.36
4,862 1.19 6 Ibiden Co Ltd 86 0.02
Ireland - 0.21% 8 Idemitsu Kosan Co Ltd 299 0.07
29 AIB Group PLC 128 0.03 10 Iida Group Holdings Co Ltd 175 0.04
34 Bank of Ireland Group PLC 217 0.05 34 Inpex Corp 362 0.09
15 CRH PLC 408 0.10 6 Isetan Mitsukoshi Holdings Ltd 72 0.02
2 Paddy Power Betfair PLC 126 0.03 13 ITOCHU Corp 240 0.06
879 0.21
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 278
Global Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 8.91% (continued) Japan - 8.91% (continued)
6 Itoham Yonekyu Holdings Inc 37 0.01 5 NOK Corp 82 0.02
3 Iyo Bank Ltd 18 – 109 Nomura Holdings Inc 493 0.12
14 J Front Retailing Co Ltd 189 0.05 9 Nomura Real Estate Holdings Inc 172 0.04
17 Japan Post Holdings Co Ltd 213 0.05 20 NSK Ltd 187 0.05
17 JFE Holdings Inc 299 0.07 21 NTN Corp 71 0.02
12 JSR Corp 188 0.05 39 Obayashi Corp 388 0.10
15 JTEKT Corp 189 0.05 57 Oji Holdings Corp 331 0.08
110 JXTG Holdings Inc 670 0.16 40 ORIX Corp 658 0.16
4 Kamigumi Co Ltd 95 0.02 12 Rengo Co Ltd 99 0.02
6 Kandenko Co Ltd 57 0.01 28 Resona Holdings Inc 149 0.04
3 Kaneka Corp 120 0.03 19 Ricoh Co Ltd 187 0.05
8 Kawasaki Heavy Industries Ltd 191 0.05 4 Rohm Co Ltd 259 0.06
1 Kawasaki Kisen Kaisha Ltd 20 0.01 1 Sankyo Co Ltd 24 0.01
2 Kinden Corp 31 0.01 1 Sawai Pharmaceutical Co Ltd 58 0.01
19 Kobe Steel Ltd 160 0.04 6 Seino Holdings Co Ltd 89 0.02
3 Kokuyo Co Ltd 46 0.01 38 Sekisui House Ltd 581 0.14
30 Konica Minolta Inc 267 0.07 1 Shimamura Co Ltd 60 0.01
19 Kuraray Co Ltd 291 0.07 21 Shimizu Corp 181 0.04
4 Kyocera Corp 200 0.05 3 Shinsei Bank Ltd 41 0.01
2 Kyushu Financial Group Inc 10 – 11 Shizuoka Bank Ltd 99 0.02
1 Lintec Corp 20 0.01 46 Sojitz Corp 164 0.04
18 LIXIL Group Corp 232 0.06 3 Sompo Holdings Inc 120 0.03
1 Mabuchi Motor Co Ltd 28 0.01 89 Sumitomo Chemical Co Ltd 484 0.12
6 Maeda Corp 65 0.02 23 Sumitomo Corp 349 0.09
5 Maeda Road Construction Co Ltd 100 0.02 27 Sumitomo Electric Industries Ltd 387 0.09
34 Marubeni Corp 258 0.06 8 Sumitomo Forestry Co Ltd 114 0.03
1 Maruichi Steel Tube Ltd 36 0.01 7 Sumitomo Heavy Industries Ltd 243 0.06
35 Mazda Motor Corp 375 0.09 15 Sumitomo Metal Mining Co Ltd 429 0.11
20 Mebuki Financial Group Inc 60 0.01 33 Sumitomo Mitsui Financial Group Inc 1,222 0.30
6 Medipal Holdings Corp 133 0.03 3 Sumitomo Mitsui Trust Holdings Inc 133 0.03
39 Mitsubishi Chemical Holdings Corp 317 0.08 2 Sumitomo Osaka Cement Co Ltd 81 0.02
30 Mitsubishi Corp 811 0.20 11 Sumitomo Rubber Industries Ltd 152 0.04
9 Mitsubishi Gas Chemical Co Inc 143 0.04 1 Suzuken Co Ltd 43 0.01
10 Mitsubishi Heavy Industries Ltd 400 0.10 12 T&D Holdings Inc 165 0.04
2 Mitsubishi Logistics Corp 57 0.01 7 Taiheiyo Cement Corp 230 0.06
6 Mitsubishi Materials Corp 166 0.04 6 Takashimaya Co Ltd 80 0.02
3 Mitsubishi Tanabe Pharma Corp 52 0.01 12 Teijin Ltd 201 0.05
175 Mitsubishi UFJ Financial Group Inc 959 0.23 11 Toda Corp 76 0.02
21 Mitsubishi UFJ Lease & Finance Co Ltd 114 0.03 3 Toho Holdings Co Ltd 66 0.02
16 Mitsui & Co Ltd 257 0.06 3 Tokai Rika Co Ltd 50 0.01
12 Mitsui Chemicals Inc 316 0.08 6 Tokio Marine Holdings Inc 277 0.07
16 Mitsui Fudosan Co Ltd 374 0.09 14 Tokyo Tatemono Co Ltd 162 0.04
2 Mitsui Mining & Smelting Co Ltd 55 0.01 39 Tokyu Fudosan Holdings Corp 217 0.05
7 Mitsui OSK Lines Ltd 174 0.04 4 Toppan Printing Co Ltd 56 0.01
279 Mizuho Financial Group Inc 463 0.11 30 Toray Industries Inc 235 0.06
5 MS&AD Insurance Group Holdings Inc 158 0.04 15 Tosoh Corp 214 0.05
3 Nagase & Co Ltd 42 0.01 7 Toyo Seikan Group Holdings Ltd 164 0.04
16 NEC Corp 491 0.12 4 Toyoda Gosei Co Ltd 68 0.02
5 NH Foods Ltd 182 0.04 3 Toyota Industries Corp 160 0.04
10 NHK Spring Co Ltd 94 0.02 65 Toyota Motor Corp 3,935 0.96
2 Nikkon Holdings Co Ltd 59 0.01 5 Toyota Tsusho Corp 183 0.05
3 Nippo Corp 51 0.01 2 TS Tech Co Ltd 70 0.02
4 Nippon Electric Glass Co Ltd 102 0.03 5 Ube Industries Ltd 123 0.03
3 Nippon Express Co Ltd 157 0.04 2 Wacoal Holdings Corp 41 0.01
5 Nippon Kayaku Co Ltd 63 0.02 11 Yamada Denki Co Ltd 55 0.01
6 Nippon Paper Industries Co Ltd 119 0.03 2 Yamaguchi Financial Group Inc 21 0.01
1 Nippon Shokubai Co Ltd 87 0.02 8 Yokohama Rubber Co Ltd 161 0.04
25 Nippon Steel & Sumitomo Metal Corp 451 0.11 9 Zeon Corp 88 0.02
10 Nippon Yusen KK 178 0.04 36,431 8.91
3 Nishi-Nippon Financial Holdings Inc 35 0.01 Netherlands - 1.24%
75 Nissan Motor Co Ltd 659 0.16 16 ABN AMRO Group NV 416 0.10
9 Nisshinbo Holdings Inc 87 0.02 52 Aegon NV 290 0.07
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 279
Global Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Netherlands - 1.24% (continued) Sweden - 0.97% (continued)
33 ArcelorMittal 753 0.18 3 Millicom International Cellular SA 200 0.05
4 ASR Nederland NV 178 0.04 49 Nordea Bank AB 435 0.11
70 ING Groep NV 849 0.21 1 Pandox AB 16 –
54 Koninklijke Ahold Delhaize NV 1,393 0.34 1 Peab AB 10 –
8 Koninklijke DSM NV 732 0.18 45 Skandinaviska Enskilda Banken AB 474 0.12
4 Koninklijke Vopak NV 150 0.04 3 Skanska AB 52 0.01
7 NN Group NV 308 0.08 18 SKF AB 292 0.07
5,069 1.24 10 SSAB AB 29 0.01
New Zealand - 0.07% 5 SSAB AB, Class A 17 –
23 Air New Zealand Ltd 49 0.01 11 Svenska Cellulosa AB SCA, Class B 89 0.02
21 Auckland International Airport Ltd 107 0.03 23 Svenska Handelsbanken AB 252 0.06
4 EBOS Group Ltd 52 0.01 15 Swedbank AB 353 0.09
18 Fletcher Building Ltd 60 0.02 97 Telia Co AB 448 0.11
6 SKYCITY Entertainment Group Ltd 14 – 11 Trelleborg AB 185 0.05
282 0.07 3,951 0.97
Norway - 0.36% Switzerland - 3.03%
1 Aker ASA 39 0.01 8 Adecco Group AG 414 0.10
4 Austevoll Seafood ASA 52 0.01 1 Baloise Holding AG 166 0.04
32 DNB ASA 557 0.14 – Banque Cantonale Vaudoise 44 0.01
92 Norsk Hydro ASA 433 0.10 16 Cie Financiere Richemont SA 1,057 0.26
6 SpareBank 1 SR-Bank ASA 60 0.01 12 Clariant AG 228 0.06
15 Storebrand ASA 121 0.03 26 Credit Suisse Group AG 308 0.08
10 Subsea 7 SA 109 0.03 2 Dufry AG 188 0.05
3 Yara International ASA 118 0.03 1 Flughafen Zurich AG 202 0.05
– Helvetia Holding AG 82 0.02
1,489 0.36
13 Julius Baer Group Ltd 532 0.13
Portugal - 0.01%
11 LafargeHolcim Ltd 487 0.12
7 EDP Renovaveis SA 58 0.01
1 Lonza Group AG 337 0.08
58 0.01
39 Novartis AG 3,591 0.88
Singapore - 0.45% 2 Swatch Group AG (Bearer) 409 0.10
101 CapitaLand Ltd 230 0.06 3 Swatch Group AG (Registered) 138 0.03
26 City Developments Ltd 157 0.04 1 Swiss Life Holding AG 294 0.07
12 Frasers Property Ltd 15 – 2 Swiss Prime Site AG 127 0.03
234 Golden Agri-Resources Ltd 42 0.01 3 Swiss Re AG 307 0.08
34 Hongkong Land Holdings Ltd 219 0.05 1 Swisscom AG 622 0.15
112 Keppel Corp Ltd 497 0.12 89 UBS Group AG 1,202 0.29
38 Olam International Ltd 47 0.01 – Vifor Pharma AG 11 –
65 Sembcorp Industries Ltd 125 0.03 5 Zurich Insurance Group AG 1,630 0.40
38 Singapore Airlines Ltd 261 0.07 12,376 3.03
43 Singapore Press Holdings Ltd 83 0.02
United Kingdom - 5.96%
10 UOL Group Ltd 47 0.01
24 3i Group PLC 260 0.06
59 Wilmar International Ltd 131 0.03
43 Anglo American PLC 875 0.21
1,854 0.45
11 Antofagasta PLC 116 0.03
Spain - 1.39% 231 Aviva PLC 1,203 0.29
283 Banco Bilbao Vizcaya Argentaria SA 1,609 0.39 324 Barclays PLC 673 0.17
246 Banco de Sabadell SA 315 0.08 60 Barratt Developments PLC 357 0.09
634 Banco Santander SA 3,012 0.74 429 BP PLC 2,851 0.70
38 Bankia SA 127 0.03 46 British American Tobacco PLC 1,598 0.39
37 Repsol SA 628 0.15 347 Glencore PLC 1,292 0.32
5,691 1.39 1 GVC Holdings PLC 10 –
South Africa - 0.01% 234 HSBC Holdings PLC 1,988 0.49
29 Old Mutual Ltd 47 0.01 25 Investec PLC 150 0.04
47 0.01 104 J Sainsbury PLC 404 0.10
Sweden - 0.97% 11 John Wood Group PLC 91 0.02
11 BillerudKorsnas AB 142 0.04 79 Kingfisher PLC 252 0.06
14 Boliden AB 326 0.08 2,083 Lloyds Banking Group PLC 1,474 0.36
9 Dometic Group AB 64 0.02 8 Mediclinic International PLC 38 0.01
6 Getinge AB 57 0.01 74 Melrose Industries PLC 167 0.04
6 Holmen AB 127 0.03 8 Micro Focus International PLC 150 0.04
18 Husqvarna AB 140 0.03 4 Pearson PLC 50 0.01
4 ICA Gruppen AB 147 0.04 9 Phoenix Group Holdings 66 0.02
4 Intrum AB 96 0.02 85 Royal Bank of Scotland Group PLC 235 0.06
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 280
Global Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United Kingdom - 5.96% (continued) United States - 60.33% (continued)
104 Royal Dutch Shell PLC, Class A 3,167 0.77 20 CBRE Group Inc 892 0.22
81 Royal Dutch Shell PLC, Class B 2,467 0.60 8 Centene Corp 1,137 0.28
22 Royal Mail PLC 90 0.02 65 CenturyLink Inc 1,215 0.30
15 Shire PLC 882 0.22 9 CF Industries Holdings Inc 385 0.09
49 Standard Chartered PLC 385 0.09 5 Charter Communications Inc 1,639 0.40
61 Standard Life Aberdeen PLC 206 0.05 39 Chevron Corp 4,689 1.15
816 Vodafone Group PLC 1,764 0.43 5 Chubb Ltd 665 0.16
135 Wm Morrison Supermarkets PLC 409 0.10 11 Cigna Corp 2,409 0.59
63 WPP PLC 695 0.17 4 Cimarex Energy Co 315 0.08
24,365 5.96 3 Cincinnati Financial Corp 246 0.06
United States - 60.33% 3 CIT Group Inc 115 0.03
4 Abbott Laboratories 328 0.08 52 Citigroup Inc 3,361 0.82
3 Advance Auto Parts Inc 592 0.14 10 Citizens Financial Group Inc 355 0.09
4 AECOM 130 0.03 143 Comcast Corp 5,564 1.36
31 Aflac Inc 1,403 0.34 2 Conagra Brands Inc 56 0.01
13 Air Products & Chemicals Inc 2,042 0.50 11 Concho Resources Inc 1,458 0.36
5 Akamai Technologies Inc 317 0.08 36 ConocoPhillips 2,352 0.57
7 Alaska Air Group Inc 505 0.12 4 Constellation Brands Inc 849 0.21
6 Albemarle Corp 594 0.15 48 Corning Inc 1,556 0.38
10 Alcoa Corp 332 0.08 12 Coty Inc 101 0.02
– Alleghany Corp 184 0.04 9 Cummins Inc 1,428 0.35
3 Allergan PLC 494 0.12 36 CVS Health Corp 2,870 0.70
14 Allstate Corp 1,262 0.31 13 Danaher Corp 1,444 0.35
25 Ally Financial Inc 676 0.17 9 DaVita Inc 619 0.15
24 Altice USA Inc 428 0.10 39 Delta Air Lines Inc 2,363 0.58
7 Amdocs Ltd 452 0.11 4 DENTSPLY SIRONA Inc 136 0.03
1 AMERCO 353 0.09 21 Devon Energy Corp 569 0.14
1 American Financial Group Inc 97 0.02 6 Diamondback Energy Inc 646 0.16
17 American International Group Inc 753 0.18 10 Discovery Communications Inc, Class A 307 0.08
15 Analog Devices Inc 1,348 0.33 22 Discovery Communications Inc, Class C 608 0.15
6 Antero Resources Corp 77 0.02 13 DISH Network Corp 411 0.10
8 Anthem Inc 2,335 0.57 1 Dolby Laboratories Inc 66 0.02
21 Apache Corp 745 0.18 15 Dollar Tree Inc 1,259 0.31
14 Aramark 550 0.13 24 DowDuPont Inc 1,400 0.34
8 Arch Capital Group Ltd 224 0.05 23 DR Horton Inc 861 0.21
11 Archer-Daniels-Midland Co 493 0.12 17 DXC Technology Co 1,052 0.26
9 Arconic Inc 202 0.05 8 Eastman Chemical Co 623 0.15
– ARRIS International PLC 8 – 26 Eaton Corp PLC 1,982 0.48
4 Arrow Electronics Inc 312 0.08 1 Everest Re Group Ltd 192 0.05
1 Ashland Global Holdings Inc 120 0.03 28 Express Scripts Holding Co 2,825 0.69
1 Assurant Inc 108 0.03 120 Exxon Mobil Corp 9,521 2.33
228 AT&T Inc 7,127 1.74 8 FedEx Corp 1,804 0.44
8 Athene Holding Ltd 327 0.08 13 Fidelity National Information Services Inc 1,399 0.34
3 Autoliv Inc 276 0.07 39 Fifth Third Bancorp 1,097 0.27
2 Avnet Inc 103 0.03 1 First Solar Inc 61 0.01
1 Axis Capital Holdings Ltd 36 0.01 14 Flex Ltd 121 0.03
6 Baker Hughes a GE Co LLC 146 0.04 7 Fluor Corp 296 0.07
8 Ball Corp 407 0.10 2 Foot Locker Inc 103 0.03
143 Bank of America Corp 4,075 1.00 225 Ford Motor Co 2,120 0.52
21 Bank of New York Mellon Corp 1,098 0.27 2 Fortune Brands Home & Security Inc 72 0.02
31 BB&T Corp 1,568 0.38 19 Franklin Resources Inc 640 0.16
20 Berkshire Hathaway Inc 4,401 1.08 75 Freeport-McMoRan Inc 898 0.22
– Bio-Rad Laboratories Inc 110 0.03 21 Gap Inc 568 0.14
12 BorgWarner Inc 472 0.12 7 Garmin Ltd 454 0.11
1 Brighthouse Financial Inc 55 0.01 – GCI Liberty Inc 17 –
9 Broadcom Inc 2,177 0.53 82 General Electric Co 617 0.15
5 Bunge Ltd 264 0.06 40 General Motors Co 1,520 0.37
29 Capital One Financial Corp 2,568 0.63 11 Goldman Sachs Group Inc 2,137 0.52
18 Cardinal Health Inc 963 0.24 11 Goodyear Tire & Rubber Co 254 0.06
3 Carlisle Cos Inc 299 0.07 8 Harley-Davidson Inc 356 0.09
9 CarMax Inc 569 0.14 22 Hartford Financial Services Group Inc 968 0.24
25 Carnival Corp 1,531 0.37 2 Helmerich & Payne Inc 119 0.03
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 281
Global Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 60.33% (continued) United States - 60.33% (continued)
6 Hess Corp 298 0.07 1 Murphy Oil Corp 43 0.01
60 Hewlett Packard Enterprise Co 905 0.22 31 Mylan NV 1,036 0.25
10 HollyFrontier Corp 624 0.15 6 National Oilwell Varco Inc 206 0.05
64 Huntington Bancshares Inc 931 0.23 7 New York Community Bancorp Inc 78 0.02
9 Huntsman Corp 173 0.04 9 Newell Brands Inc 203 0.05
2 Hyatt Hotels Corp 116 0.03 26 Newmont Mining Corp 847 0.21
7 Ingersoll-Rand PLC 766 0.19 6 News Corp, Class A 80 0.02
3 Ingredion Inc 282 0.07 3 News Corp, Class B 46 0.01
143 Intel Corp 7,062 1.73 20 Nielsen Holdings PLC 539 0.13
24 International Paper Co 1,109 0.27 23 Noble Energy Inc 552 0.14
11 Invesco Ltd 224 0.05 8 Norfolk Southern Corp 1,443 0.35
5 IQVIA Holdings Inc 612 0.15 13 Norwegian Cruise Line Holdings Ltd 648 0.16
3 Jacobs Engineering Group Inc 187 0.05 19 Nucor Corp 1,156 0.28
1 Janus Henderson Group PLC 28 0.01 3 NVent Electric PLC 84 0.02
2 Jazz Pharmaceuticals PLC 325 0.08 23 Occidental Petroleum Corp 1,629 0.40
6 Jefferies Financial Group Inc 132 0.03 19 ON Semiconductor Corp 360 0.09
15 JetBlue Airways Corp 287 0.07 2 Oshkosh Corp 164 0.04
5 JM Smucker Co 529 0.13 5 Owens Corning 279 0.07
55 Johnson Controls International PLC 1,898 0.46 20 PACCAR Inc 1,268 0.31
2 Jones Lang LaSalle Inc 317 0.08 3 PacWest Bancorp 106 0.03
56 JPMorgan Chase & Co 6,176 1.51 9 Parsley Energy Inc 175 0.04
18 Juniper Networks Inc 522 0.13 2 Pentair PLC 65 0.02
6 Kansas City Southern 589 0.14 6 People's United Financial Inc 103 0.03
43 KeyCorp 784 0.19 1 PerkinElmer Inc 91 0.02
94 Kinder Morgan Inc 1,612 0.39 5 Perrigo Co PLC 286 0.07
3 Knight-Swift Transportation Holdings Inc 95 0.02 162 Pfizer Inc 7,505 1.83
10 Kohl's Corp 695 0.17 16 Phillips 66 1,491 0.36
6 Kraft Heinz Co 322 0.08 6 Pioneer Natural Resources Co 907 0.22
45 Kroger Co 1,330 0.33 10 PNC Financial Services Group Inc 1,299 0.32
3 L3 Technologies Inc 465 0.11 2 Post Holdings Inc 224 0.05
6 Laboratory Corp of America Holdings 861 0.21 18 Principal Financial Group Inc 864 0.21
5 Lam Research Corp 794 0.19 8 Prudential Financial Inc 769 0.19
3 Lear Corp 461 0.11 16 PulteGroup Inc 430 0.11
7 Leidos Holdings Inc 460 0.11 3 PVH Corp 330 0.08
5 Lennar Corp, Class A 233 0.06 4 Qorvo Inc 283 0.07
– Lennar Corp, Class B 15 – 11 QUALCOMM Inc 625 0.15
1 Liberty Broadband Corp, Class A 48 0.01 8 Quest Diagnostics Inc 707 0.17
3 Liberty Broadband Corp, Class C 253 0.06 25 Qurate Retail Inc 547 0.13
4 Lincoln National Corp 280 0.07 3 Ralph Lauren Corp 335 0.08
2 Linde AG 274 0.07 45 Regions Financial Corp 741 0.18
1 Lions Gate Entertainment Corp, Class A 19 – 1 Reinsurance Group of America Inc 193 0.05
2 Lions Gate Entertainment Corp, Class B 27 0.01 2 Reliance Steel & Aluminum Co 137 0.03
18 LKQ Corp 514 0.13 1 RenaissanceRe Holdings Ltd 92 0.02
7 Loews Corp 327 0.08 20 Republic Services Inc 1,512 0.37
2 M&T Bank Corp 339 0.08 13 Royal Caribbean Cruises Ltd 1,417 0.35
18 Macy's Inc 609 0.15 1 Royal Gold Inc 42 0.01
3 ManpowerGroup Inc 280 0.07 15 Santander Consumer USA Holdings Inc 287 0.07
47 Marathon Oil Corp 791 0.19 15 Schlumberger Ltd 658 0.16
26 Marathon Petroleum Corp 1,671 0.41 9 Sensata Technologies Holding PLC 424 0.10
4 Martin Marietta Materials Inc 671 0.16 7 Skyworks Solutions Inc 531 0.13
8 Marvell Technology Group Ltd 127 0.03 3 Snap-on Inc 511 0.12
12 McKesson Corp 1,440 0.35 32 Southwest Airlines Co 1,762 0.43
28 Medtronic PLC 2,716 0.66 41 Sprint Corp 257 0.06
17 MetLife Inc 780 0.19 1 SS&C Technologies Holdings Inc 51 0.01
21 MGM Resorts International 554 0.14 9 Stanley Black & Decker Inc 1,175 0.29
6 Microchip Technology Inc 457 0.11 13 State Street Corp 945 0.23
65 Micron Technology Inc 2,519 0.62 14 Steel Dynamics Inc 481 0.12
4 Mohawk Industries Inc 471 0.12 2 Stericycle Inc 81 0.02
11 Molson Coors Brewing Co 754 0.18 1 Steris PLC 147 0.04
30 Mondelez International Inc 1,353 0.33 19 SunTrust Banks Inc 1,167 0.29
41 Morgan Stanley 1,828 0.45 37 Synchrony Financial 953 0.23
8 Mosaic Co 287 0.07 10 T-Mobile US Inc 714 0.17
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 282
Global Value Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
United States - 60.33% (continued) United States - 60.33% (continued)
7 Targa Resources Corp 295 0.07 94 Wells Fargo & Co 5,109 1.25
1 Target Corp 52 0.01 15 Western Digital Corp 688 0.17
21 TE Connectivity Ltd 1,597 0.39 3 Westlake Chemical Corp 232 0.06
8 TechnipFMC PLC 192 0.05 8 WestRock Co 388 0.10
6 Thermo Fisher Scientific Inc 1,461 0.36 4 Whirlpool Corp 452 0.11
3 Toll Brothers Inc 92 0.02 28 Williams Cos Inc 716 0.18
2 Torchmark Corp 164 0.04 6 Worldpay Inc 472 0.12
16 Travelers Cos Inc 2,077 0.51 10 WPX Energy Inc 138 0.03
9 Twenty-First Century Fox Inc, Class A 438 0.11 2 WR Berkley Corp 151 0.04
4 Twenty-First Century Fox Inc, Class B 177 0.04 10 Xerox Corp 271 0.07
17 Tyson Foods Inc 1,019 0.25 7 XPO Logistics Inc 554 0.14
16 United Continental Holdings Inc 1,568 0.38 4 Zimmer Biomet Holdings Inc 464 0.11
2 United Rentals Inc 188 0.05 7 Zions Bancorporation 335 0.08
6 United States Steel Corp 139 0.03 246,814 60.33
22 United Technologies Corp 2,625 0.64 Total Common Stock - 98.65% (30 November 2017: 98.60%) 403,591 98.65
5 Universal Health Services Inc 693 0.17
7 Unum Group 252 0.06 Preferred Stock
11 US Foods Holding Corp 380 0.09 Germany - 0.44%
20 Valero Energy Corp 1,614 0.39
3 Bayerische Motoren Werke AG 174 0.04
1 Viacom Inc, Class A 22 0.01
3 Porsche Automobil Holding SE 215 0.06
21 Viacom Inc, Class B 649 0.16
8 Volkswagen AG 1,394 0.34
9 Vistra Energy Corp 220 0.05
1,783 0.44
3 Voya Financial Inc 127 0.03
Total Preferred Stock - 0.44% (30 November 2017: 0.55%) 1,783 0.44
7 Vulcan Materials Co 771 0.19
2 Wabtec Corp 196 0.05 Total Investments - 99.09% (30 November 2017: 99.15%) 405,374 99.09
18 Wal-Mart Stores Inc 1,789 0.44
26 Walgreens Boots Alliance Inc 2,160 0.53
Forward Currency Contracts
Unrealised
Depreciation % of Net
of Contracts (000's) Asset
Buy Amount (000's) Sell Amount (000's) Counterparty Maturity Date USD Value
Buy 5,891 JPY Sell 52 USD State Street Bank 04/12/2018 – –
Net Unrealised Depreciation of Forward Currency Contracts - 0.00% (30 November 2017: 0.00%) – –
% of
Net
Value (000's) Asset
USD Value
Cash and Cash Equivalents - 0.64% (30 November 2017: 0.39%) 2,634 0.64
Other Assets in Excess of Other Liabilities - 0.27% (30 November 2017: 0.46%) 1,106 0.27
Total Net Assets 409,114 100.00
Amounts designated as “-“ are either $0, less than $500 or less than 500 shares.
Analysis of Total Assets (unaudited) % of Total Assets
Transferable securities admitted to an official exchange listing 97.94
Current Assets 2.06
Total Assets 100.00
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 283
Pacific Basin Small Companies Fund
Portfolio of Investments as at 30 November 2018
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock Common Stock (continued)
Australia - 16.39% Australia - 16.39% (continued)
15 A2B Australia Ltd 24 0.03 8 Collection House Ltd 8 0.01
– AAT Corp Ltd – – 10 Collins Foods Ltd 52 0.06
24 Accent Group Ltd 22 0.03 181 Cooper Energy Ltd 54 0.06
5 Adacel Technologies Ltd 2 – 6 Corporate Travel Management Ltd 105 0.12
14 Adairs Ltd 18 0.02 20 Costa Group Holdings Ltd 114 0.13
92 Adelaide Brighton Ltd 350 0.41 5 Credit Corp Group Ltd 70 0.08
21 AED Oil Ltd – – 26 CSG Ltd 3 –
16 Ainsworth Game Technology Ltd 9 0.01 44 CSR Ltd 98 0.11
48 Alkane Resources Ltd 7 0.01 28 Data#3 Ltd 31 0.04
34 ALS Ltd 183 0.21 16 Decmil Group Ltd 9 0.01
21 Altium Ltd 344 0.40 5 Dicker Data Ltd 10 0.01
39 AMA Group Ltd 29 0.03 18 Domain Holdings Australia Ltd 32 0.04
17 Amaysim Australia Ltd 14 0.02 4 Domino's Pizza Enterprises Ltd 126 0.15
14 Ansell Ltd 233 0.27 33 Donaco International Ltd 2 –
7 AP Eagers Ltd 37 0.04 55 Downer EDI Ltd 251 0.29
6 Appen Ltd 58 0.07 34 DuluxGroup Ltd 171 0.20
5 ARB Corp Ltd 67 0.08 11 DWS Ltd 9 0.01
104 Ardent Leisure Group Ltd 114 0.13 27 Eclipx Group Ltd 50 0.06
15 ARQ Group Ltd 24 0.03 17 Elders Ltd 86 0.10
25 Asaleo Care Ltd 12 0.01 7 Emeco Holdings Ltd 13 0.02
33 Atlas Arteria Ltd 161 0.19 69 Energy World Corp Ltd 7 0.01
6 AUB Group Ltd 56 0.07 2 EQT Holdings Ltd 36 0.04
66 Aurelia Metals Ltd 35 0.04 23 ERM Power Ltd 28 0.03
50 Ausdrill Ltd 53 0.06 17 Estia Health Ltd 26 0.03
47 Austal Ltd 64 0.07 8 Event Hospitality and Entertainment Ltd 77 0.09
34 Australian Agricultural Co Ltd 30 0.04 643 FAR Ltd 33 0.04
56 Australian Pharmaceutical Industries Ltd 60 0.07 14 Finbar Group Ltd 9 0.01
28 Australian Vintage Ltd 10 0.01 34 FlexiGroup Ltd 37 0.04
3 Auswide Bank Ltd 14 0.02 40 G8 Education Ltd 81 0.09
21 Automotive Holdings Group Ltd 25 0.03 29 Galaxy Resources Ltd 57 0.07
36 Aveo Group 45 0.05 34 Gascoyne Resources Ltd 2 –
19 AVJennings Ltd 8 0.01 6 GBST Holdings Ltd 7 0.01
6 Bank of Queensland Ltd 45 0.05 23 Genworth Mortgage Insurance Australia Ltd 38 0.04
23 Bapcor Ltd 105 0.12 103 Gold Road Resources Ltd 47 0.05
245 Beach Energy Ltd 275 0.32 24 GrainCorp Ltd 130 0.15
63 Beadell Resources Ltd 2 – 11 Greencross Ltd 45 0.05
19 Bega Cheese Ltd 81 0.09 8 GUD Holdings Ltd 75 0.09
10 Bell Financial Group Ltd 7 0.01 24 GWA Group Ltd 46 0.05
6 Bellamy's Australia Ltd 32 0.04 13 Hansen Technologies Ltd 35 0.04
30 Bingo Industries Ltd 48 0.06 19 Harvey Norman Holdings Ltd 45 0.05
2 Blackmores Ltd 211 0.25 127 Healthscope Ltd 210 0.25
4 Blue Sky Alternative Investments Ltd 3 – 3 Helloworld Travel Ltd 15 0.02
10 Bravura Solutions Ltd 26 0.03 47 HT&E Ltd 62 0.07
19 Breville Group Ltd 151 0.18 5 HUB24 Ltd 51 0.06
7 Brickworks Ltd 84 0.10 9 IDP Education Ltd 61 0.07
4 BWX Ltd 10 0.01 15 Iluka Resources Ltd 92 0.11
146 Capitol Health Ltd 30 0.03 48 Imdex Ltd 41 0.05
16 Cardno Ltd 13 0.02 27 IMF Bentham Ltd 58 0.07
103 Carnarvon Petroleum Ltd 25 0.03 303 Immutep Ltd 8 0.01
19 carsales.com Ltd 166 0.19 53 Independence Group NL 147 0.17
25 Cash Converters International Ltd 5 0.01 88 Infigen Energy 30 0.04
– CDS Technologies Ltd – – 31 Infomedia Ltd 27 0.03
10 Cedar Woods Properties Ltd 39 0.05 17 Inghams Group Ltd 54 0.06
4 Citadel Group Ltd 25 0.03 11 Integrated Research Ltd 15 0.02
6 Class Ltd 8 0.01 7 InvoCare Ltd 59 0.07
192 Cleanaway Waste Management Ltd 239 0.28 31 IOOF Holdings Ltd 155 0.18
3 Clinuvel Pharmaceuticals Ltd 36 0.04 14 IPH Ltd 58 0.07
10 Clover Corp Ltd 10 0.01 14 IRESS Ltd 117 0.14
14 Codan Ltd 30 0.03 9 iSelect Ltd 5 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 284
Pacific Basin Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Australia - 16.39% (continued) Australia - 16.39% (continued)
15 iSentia Group Ltd 3 – 5 Peninsula Energy Ltd 1 –
9 IVE Group Ltd 13 0.02 4 Perpetual Ltd 114 0.13
27 Japara Healthcare Ltd 23 0.03 127 Perseus Mining Ltd 32 0.04
10 JB Hi-Fi Ltd 164 0.19 24 Platinum Asset Management Ltd 96 0.11
6 Jumbo Interactive Ltd 37 0.04 47 PMP Ltd 7 0.01
25 Jupiter Mines Ltd 5 0.01 47 Praemium Ltd 24 0.03
36 Karoon Gas Australia Ltd 25 0.03 10 Premier Investments Ltd 125 0.15
25 Kingsgate Consolidated Ltd 3 – 62 Primary Health Care Ltd 121 0.14
8 Lifestyle Communities Ltd 30 0.04 – Prime AET&D Holdings No 1 Pty Ltd – –
39 Link Administration Holdings Ltd 199 0.23 23 Prime Media Group Ltd 4 –
2 Lovisa Holdings Ltd 12 0.01 5 Pro Medicus Ltd 39 0.05
57 Lynas Corp Ltd 87 0.10 4 PWR Holdings Ltd 10 0.01
26 MACA Ltd 17 0.02 89 Qube Holdings Ltd 175 0.20
188 Macmahon Holdings Ltd 32 0.04 17 Quintis Ltd 1 –
5 Magellan Financial Group Ltd 102 0.12 47 Ramelius Resources Ltd 13 0.02
16 MaxiTRANS Industries Ltd 6 0.01 27 RCR Tomlinson Ltd 17 0.02
115 Mayne Pharma Group Ltd 83 0.10 7 Reckon Ltd 4 –
5 McMillan Shakespeare Ltd 52 0.06 97 Red River Resources Ltd 13 0.01
14 McPherson's Ltd 14 0.02 11 Regis Healthcare Ltd 21 0.02
20 Mesoblast Ltd 20 0.02 43 Regis Resources Ltd 133 0.15
54 Metals X Ltd 16 0.02 3 Reject Shop Ltd 6 0.01
91 Metcash Ltd 185 0.22 48 Reliance Worldwide Corp Ltd 168 0.20
11 Michael Hill International Ltd 5 0.01 71 Resolute Mining Ltd 49 0.06
15 Mineral Resources Ltd 170 0.20 8 Retail Food Group Ltd 2 –
47 MMA Offshore Ltd 6 0.01 17 Ridley Corp Ltd 18 0.02
3 MNF Group Ltd 9 0.01 11 Salmat Ltd 5 0.01
8 Monadelphous Group Ltd 78 0.09 18 Sandfire Resources NL 83 0.10
12 Monash IVF Group Ltd 9 0.01 157 Saracen Mineral Holdings Ltd 283 0.33
16 Money3 Corp Ltd 19 0.02 6 SeaLink Travel Group Ltd 20 0.02
42 Morning Star Gold NL – – 11 Select Harvests Ltd 47 0.05
9 Mortgage Choice Ltd 8 0.01 136 Senex Energy Ltd 39 0.04
53 Mount Gibson Iron Ltd 20 0.02 6 Servcorp Ltd 13 0.01
65 Myer Holdings Ltd 22 0.03 30 Service Stream Ltd 39 0.05
43 MYOB Group Ltd 108 0.13 5 Seven Group Holdings Ltd 55 0.06
2 MyState Ltd 6 0.01 104 Seven West Media Ltd 52 0.06
11 Navigator Global Investments Ltd 38 0.04 11 SG Fleet Group Ltd 24 0.03
23 Navitas Ltd 83 0.10 17 Sheffield Resources Ltd 10 0.01
59 Neometals Ltd 10 0.01 96 Sigma Healthcare Ltd 35 0.04
7 NetComm Wireless Ltd 4 – 2 Silver Chef Ltd 2 –
12 New Hope Corp Ltd 29 0.03 50 Silver Lake Resources Ltd 17 0.02
4 NEXTDC Ltd 17 0.02 18 Sims Metal Management Ltd 142 0.17
42 nib holdings Ltd 154 0.18 7 SmartGroup Corp Ltd 52 0.06
8 Nick Scali Ltd 31 0.04 45 Southern Cross Media Group Ltd 36 0.04
145 Nine Entertainment Co Holdings Ltd 186 0.22 137 Spark Infrastructure Group 235 0.27
29 NRW Holdings Ltd 39 0.04 21 SpeedCast International Ltd 52 0.06
21 Nufarm Ltd 94 0.11 47 St Barbara Ltd 151 0.18
20 OFX Group Ltd 26 0.03 74 Steadfast Group Ltd 146 0.17
44 OM Holdings Ltd 45 0.05 832 Sundance Energy Australia Ltd 31 0.04
34 Onevue Holdings Ltd 15 0.02 15 Sunland Group Ltd 15 0.02
18 oOh!media Ltd 58 0.07 15 Super Retail Group Ltd 81 0.09
103 Orora Ltd 246 0.29 6 Superloop Ltd 8 0.01
31 OZ Minerals Ltd 200 0.23 21 Syrah Resources Ltd 26 0.03
3 Pacific Current Group Ltd 13 0.01 18 Tassal Group Ltd 57 0.07
16 Pact Group Holdings Ltd 40 0.05 22 Technology One Ltd 99 0.12
63 Panoramic Resources Ltd 16 0.02 6 Thorn Group Ltd 2 –
88 Pantoro Ltd 13 0.02 111 Tiger Resources Ltd – –
41 Paragon Care Ltd 19 0.02 39 Troy Resources Ltd 3 –
24 Peet Ltd 19 0.02 17 Villa World Ltd 25 0.03
24 Pendal Group Ltd 150 0.18 19 Village Roadshow Ltd 34 0.04
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 285
Pacific Basin Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Australia - 16.39% (continued) Hong Kong - 7.76% (continued)
102 Virgin Australia Holdings Ltd 14 0.02 50 CNQC International Holdings Ltd 13 0.02
211 Virgin Australia International Holdings – – 212 Common Splendor International Health Industry
Group Ltd 18 0.02
7 Virtus Health Ltd 23 0.03
22 Convenience Retail Asia Ltd 10 0.01
9 Vita Group Ltd 7 0.01
744 Convoy Global Holdings Ltd 3 –
58 Vocus Group Ltd 143 0.17
80 Cosmopolitan International Holdings Ltd 15 0.02
24 Webjet Ltd 217 0.25
47 Cowell e Holdings Inc 6 0.01
24 Western Areas Ltd 38 0.04
790 CP Lotus Corp 9 0.01
24 Westgold Resources Ltd 18 0.02
34 Cross-Harbour Holdings Ltd 52 0.06
10 WorleyParsons Ltd 99 0.12
396 CSI Properties Ltd 16 0.02
28 WPP AUNZ Ltd 12 0.01
1,720 CST Group Ltd 5 0.01
14,050 16.39
66 CW Group Hoildings Ltd 1 –
Hong Kong - 7.76%
37 Dah Sing Banking Group Ltd 70 0.08
26 Aeon Credit Service Asia Co Ltd 23 0.03 24 Dah Sing Financial Holdings Ltd 132 0.15
13 Aeon Stores Hong Kong Co Ltd 7 0.01 39 Dickson Concepts International Ltd 19 0.02
420 Agritrade Resources Ltd 83 0.10 1,090 Digital Domain Holdings Ltd 15 0.02
32 Alco Holdings Ltd 4 – 155 Dingyi Group Investment Ltd 12 0.01
7 Allied Group Ltd 42 0.05 24 Eagle Nice International Holdings Ltd 9 0.01
112 Allied Properties HK Ltd 24 0.03 90 EcoGreen International Group Ltd 18 0.02
250 Applied Development Holdings Ltd 19 0.02 123 EganaGoldpfeil Holdings Ltd – –
41 APT Satellite Holdings Ltd 15 0.02 486 Emperor Capital Group Ltd 25 0.03
28 Arts Optical International Hldgs Ltd 7 0.01 70 Emperor Entertainment Hotel Ltd 13 0.02
9 Asia Satellite Telecommunications Holdings Ltd 6 0.01 97 Emperor International Holdings Ltd 24 0.03
85 Asia Standard International Group Ltd 16 0.02 360 Emperor Watch & Jewellery Ltd 12 0.01
33 Asiasec Properties Ltd 15 0.02 241 Enerchina Holdings Ltd 13 0.01
12 Associated International Hotels Ltd 34 0.04 348 ENM Holdings Ltd 34 0.04
175 Auto Italia Holdings 1 – 168 Esprit Holdings Ltd 39 0.05
29 BOE Varitronix Ltd 8 0.01 9 Fairwood Holdings Ltd 31 0.04
134 Bonjour Holdings Ltd 4 – 147 Far East Consortium International Ltd 70 0.08
162 Bright Smart Securities & Commodities Group Ltd 33 0.04 437 FIH Mobile Ltd 53 0.06
201 Brightoil Petroleum Holdings Ltd 39 0.05 200 First Pacific Co Ltd 77 0.09
440 Brockman Mining Ltd 8 0.01 80 First Shanghai Investments Ltd 5 0.01
291 Burwill Holdings Ltd 6 0.01 74 Fountain SET Holdings Ltd 11 0.01
54 Cafe de Coral Holdings Ltd 133 0.16 20 Four Seas Mercantile Holdings Ltd 9 0.01
54 Camsing International Holding Ltd 53 0.06 74 Freeman Fintech Corp Ltd 4 –
195 Century City International Holdings Ltd 18 0.02 48 Future Bright Holdings Ltd 5 0.01
120 CGN Mining Co Ltd 4 – 3 Future World Financial Holdings Ltd – –
48 Chen Hsong Holdings 18 0.02 1,789 G-Resources Group Ltd 12 0.01
31 Cheuk Nang Holdings Ltd 18 0.02 497 Get Nice Holdings Ltd 17 0.02
10 Chevalier International Holdings Ltd 15 0.02 148 Giordano International Ltd 68 0.08
118 China Baoli Technologies Holdings Ltd 4 – 894 Global Brands Group Holding Ltd 43 0.05
296 China Chuanglian Education Financial Group Ltd 3 – 84 Glorious Sun Enterprises Ltd 9 0.01
672 China Energy Development Holdings Ltd 7 0.01 166 Gold-Finance Holdings Ltd 37 0.04
632 China Goldjoy Group Ltd 27 0.03 98 Golden Resources Development International Ltd 6 0.01
78 China HKBridge Financial Holdings Ltd 9 0.01 109 Goodbaby International Holdings Ltd 39 0.05
172 China LNG Group Ltd 29 0.03 19 Great Eagle Holdings Ltd 78 0.09
2 China Motor Bus Co Ltd 22 0.03 42 Guangnan Holdings Ltd 5 0.01
552 China Shandong Hi-Speed Financial Group Ltd 17 0.02 305 Guotai Junan International Holdings Ltd 54 0.06
13 China Soft Power Technology Holdings Ltd – – 202 Haitong International Securities Group Ltd 71 0.08
108 China Star Entertainment Ltd 12 0.01 112 Hang Fung Gold Technology Ltd – –
1,027 China Strategic Holdings Ltd 8 0.01 26 Hanison Construction Holdings Ltd 5 0.01
62 China Ting Group Holdings Ltd 3 – 208 Hao Tian Development Group Ltd 6 0.01
100 China Tonghai International Financial Ltd 9 0.01 15 Harbour Centre Development Ltd 27 0.03
59 Chinese Estates Holdings Ltd 67 0.08 71 HKBN Ltd 111 0.13
6 Chong Hing Bank Ltd 10 0.01 113 HKR International Ltd 54 0.06
43 Chow Sang Sang Holdings International Ltd 67 0.08 166 Hoifu Energy Group Ltd 20 0.02
193 Chuang's China Investments Ltd 13 0.02 48 Hon Kwok Land Investment Co Ltd 23 0.03
48 Chuang's Consortium International Ltd 10 0.01 14 Hong Kong Ferry Holdings Co Ltd 14 0.02
135 CITIC Telecom International Holdings Ltd 46 0.05 36 Hong Kong International Construction Investment
234 CK Life Sciences Int'l Holdings Inc 11 0.01 Management Group Co Ltd 11 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 286
Pacific Basin Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Hong Kong - 7.76% (continued) Hong Kong - 7.76% (continued)
53 Hong Kong Television Network Ltd 16 0.02 486 Pacific Basin Shipping Ltd 109 0.13
63 Hongkong & Shanghai Hotels Ltd 97 0.11 81 Pacific Textiles Holdings Ltd 84 0.10
79 Hongkong Chinese Ltd 10 0.01 62 Paliburg Holdings Ltd 23 0.03
69 Hopewell Holdings Ltd 232 0.27 52 Paradise Entertainment Ltd 6 0.01
176 Hsin Chong Group Holdings Ltd 1 – 178 Peace Mark Holdings Ltd – –
61 Huarong International Financial Holdings Ltd 5 0.01 70 Pico Far East Holdings Ltd 26 0.03
56 Hung Hing Printing Group Ltd 8 0.01 74 Playmates Holdings Ltd 10 0.01
156 Hutchison Telecommunications Hong Kong 48 Playmates Toys Ltd 4 –
Holdings Ltd 59 0.07
128 Polytec Asset Holdings Ltd 12 0.01
73 IGG Inc 89 0.10
36 Public Financial Holdings Ltd 15 0.02
13 Imagi International Holdings Ltd 3 –
263 PYI Corp Ltd 4 –
75 IPE Group Ltd 10 0.01
48 Realord Group Holdings Ltd 30 0.04
200 IRC Ltd 2 –
28 Regal Hotels International Holdings Ltd 16 0.02
54 IT Ltd 28 0.03
30 Regina Miracle International Holdings Ltd 23 0.03
89 ITC Properties Group Ltd 27 0.03
151 Sa Sa International Holdings Ltd 62 0.07
62 Jacobson Pharma Corp Ltd 13 0.02
4 Safety Godown Co Ltd 7 0.01
32 Johnson Electric Holdings Ltd 73 0.08
52 SAS Dragon Holdings Ltd 16 0.02
66 Kam Hing International Holdings Ltd 6 0.01
21 SEA Holdings Ltd 27 0.03
72 Karrie International Holdings Ltd 10 0.01
45 Shenwan Hongyuan HK Ltd 9 0.01
58 Kerry Logistics Network Ltd 93 0.11
6 Shun Ho Property Investments Ltd 2 –
50 Kingmaker Footwear Holdings Ltd 10 0.01
152 Shun Tak Holdings Ltd 50 0.06
38 Kingston Financial Group Ltd 9 0.01
89 Silver Base Group Holdings Ltd 6 0.01
33 Kowloon Development Co Ltd 35 0.04
760 Sincere Watch Hong Kong Ltd 8 0.01
34 L'Occitane International SA 65 0.08
54 Sing Tao News Corp Ltd 6 0.01
20 Lai Sun Development Co Ltd 34 0.04
138 Singamas Container Holdings Ltd 19 0.02
22 Lai Sun Garment International Ltd 34 0.04
20 SIS International Holdings 11 0.01
3 Lam Soon Hong Kong Ltd 5 0.01
123 SITC International Holdings Co Ltd 104 0.12
145 Landing International Development Ltd 57 0.07
20 Sitoy Group Holdings Ltd 6 0.01
28 Landsea Green Group Co Ltd 3 –
49 SmarTone Telecommunications Holdings Ltd 60 0.07
71 Langham Hospitality Investments and Langham
Hospitality Investments Ltd 26 0.03 17 SOCAM Development Ltd 4 –
496 Li & Fung Ltd 102 0.12 300 Solartech International Holdings Ltd 4 –
54 Lifestyle International Holdings Ltd 86 0.10 214 Solomon Systech International Ltd 6 0.01
436 Lippo China Resources Ltd 9 0.01 8 Soundwill Holdings Ltd 11 0.01
30 Lippo Ltd 11 0.01 42 South Shore Holdings Ltd 2 –
10 Liu Chong Hing Investment Ltd 15 0.02 29 Stella International Holdings Ltd 28 0.03
31 Luk Fook Holdings International Ltd 91 0.11 28 Success Universe Group Ltd 1 –
43 Lung Kee Bermuda Holdings 19 0.02 84 Summit Ascent Holdings Ltd 10 0.01
262 Macau Legend Development Ltd 46 0.05 57 Sun Hung Kai & Co Ltd 27 0.03
306 Magnificent Hotel Investment Ltd 7 0.01 53 SUNeVision Holdings Ltd 30 0.04
131 Man Wah Holdings Ltd 57 0.07 54 Synergy Group Holdings International Ltd 8 0.01
2,599 Mason Group Holdings Ltd 48 0.06 22 TAI Cheung Holdings Ltd 20 0.02
1,024 Master Glory Group Ltd 3 – 78 Tan Chong International Ltd 25 0.03
71 Matrix Holdings Ltd 19 0.02 32 Tao Heung Holdings Ltd 6 0.01
49 Melco International Development Ltd 99 0.12 30 Television Broadcasts Ltd 67 0.08
33 Microport Scientific Corp 36 0.04 108 Texwinca Holdings Ltd 44 0.05
36 Midland Holdings Ltd 7 0.01 390 Theme International Holdings Ltd 7 0.01
55 Ming Fai International Holdings Ltd 7 0.01 30 TK Group Holdings Ltd 18 0.02
18 Miramar Hotel & Investment 34 0.04 344 Town Health International Medical Group Ltd 30 0.04
39 Modern Dental Group Ltd 7 0.01 78 Tradelink Electronic Commerce Ltd 11 0.01
722 Mongolian Mining Corp 16 0.02 40 Transport International Holdings Ltd 109 0.13
58 Nameson Holdings Ltd 5 0.01 62 Trinity Ltd 3 –
28 NEW Concepts Holdings Ltd 9 0.01 44 TSC Group Holdings Ltd 3 –
207 New Times Energy Corp Ltd 3 – 54 Tsui Wah Holdings Ltd 5 0.01
158 NewOcean Energy Holdings Ltd 59 0.07 38 Union Medical Healthcare Ltd 27 0.03
172 Newtree Group Holdings Ltd 12 0.01 69 United Laboratories International Holdings Ltd 46 0.05
16 Nimble Holdings Co Ltd 1 – 150 Up Energy Development Group Ltd – –
160 OP Financial Investments Ltd 52 0.06 172 Upbest Group Ltd 23 0.03
75 Oriental Watch Holdings 20 0.02 103 Value Partners Group Ltd 82 0.10
381 Pacific Andes International Holdings Ltd 1 – 160 Vedan International Holdings Ltd 16 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 287
Pacific Basin Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Hong Kong - 7.76% (continued) Japan - 56.61% (continued)
218 Victory City International Holdings Ltd 3 – 1 Amuse Inc 20 0.02
62 Vitasoy International Holdings Ltd 251 0.29 3 Anest Iwata Corp 29 0.03
35 Vpower Group International Holdings Ltd 14 0.02 1 Anicom Holdings Inc 46 0.05
84 VSTECS Holdings Ltd 42 0.05 – AOI Electronics Co Ltd 9 0.01
15 VTech Holdings Ltd 139 0.16 5 AOKI Holdings Inc 61 0.07
70 Wai Kee Holdings Ltd 36 0.04 3 Aomori Bank Ltd 97 0.11
1,440 Wang On Group Ltd 17 0.02 6 Aoyama Trading Co Ltd 163 0.19
224 We Solutions Ltd 15 0.02 1 Aoyama Zaisan Networks Co Ltd 17 0.02
50 Win Hanverky Holdings Ltd 5 0.01 2 Apaman Co Ltd 17 0.02
11 Wing On Co International Ltd 37 0.04 2 Arakawa Chemical Industries Ltd 23 0.03
63 Wing Tai Properties Ltd 44 0.05 1 Arata Corp 44 0.05
250 Yat Sing Holdings Ltd 8 0.01 5 Arcland Sakamoto Co Ltd 68 0.08
9 YGM Trading Ltd 8 0.01 3 Arcland Service Holdings Co Ltd 62 0.07
81 YT Realty Group Ltd 26 0.03 3 Arcs Co Ltd 84 0.10
570 Yugang International Ltd 13 0.02 2 Arealink Co Ltd 23 0.03
56 Yunfeng Financial Group Ltd 33 0.04 2 Argo Graphics Inc 64 0.07
6,645 7.76 6 Arisawa Manufacturing Co Ltd 46 0.05
Japan - 56.61% 3 Artnature Inc 17 0.02
6 77 Bank Ltd 118 0.14 1 ArtSpark Holdings Inc 9 0.01
2 A&D Co Ltd 17 0.02 1 As One Corp 38 0.04
4 Access Co Ltd 38 0.04 1 Asahi Co Ltd 12 0.01
2 Achilles Corp 32 0.04 10 Asahi Diamond Industrial Co Ltd 65 0.08
2 Adastria Co Ltd 31 0.04 2 Asahi Holdings Inc 52 0.06
18 ADEKA Corp 294 0.34 1 Asahi Kogyosha Co Ltd 18 0.02
2 Advan Co Ltd 24 0.03 3 Asahi Yukizai Corp 47 0.05
1 Advance Create Co Ltd 22 0.03 1 Asanuma Corp 34 0.04
– Adventure Inc 29 0.03 1 Ashimori Industry Co Ltd 9 0.01
2 Aeon Delight Co Ltd 63 0.07 2 Asia Pile Holdings Corp 14 0.02
1 Aeon Fantasy Co Ltd 31 0.04 2 ASKA Pharmaceutical Co Ltd 18 0.02
2 Aeon Hokkaido Corp 14 0.02 1 Asukanet Co Ltd 17 0.02
1 Aeria Inc 4 – 2 Asunaro Aoki Construction Co Ltd 16 0.02
1 Ahresty Corp 5 0.01 1 Ateam Inc 22 0.03
4 Ai Holdings Corp 72 0.08 18 Atom Corp 163 0.19
1 Aichi Bank Ltd 23 0.03 2 Atsugi Co Ltd 23 0.03
6 Aichi Corp 34 0.04 16 Autobacs Seven Co Ltd 239 0.28
2 Aichi Steel Corp 67 0.08 6 Avex Inc 89 0.10
1 Aichi Tokei Denki Co Ltd 18 0.02 7 Awa Bank Ltd 197 0.23
11 Aida Engineering Ltd 91 0.11 1 Axial Retailing Inc 50 0.06
32 Aiful Corp 89 0.10 6 Bando Chemical Industries Ltd 70 0.08
1 Aiphone Co Ltd 21 0.02 2 Bank of Iwate Ltd 58 0.07
4 Airport Facilities Co Ltd 22 0.03 1 Bank of Kochi Ltd 6 0.01
5 Aisan Industry Co Ltd 37 0.04 1 Bank of Nagoya Ltd 32 0.04
3 Aizawa Securities Co Ltd 24 0.03 2 Bank of Okinawa Ltd 57 0.07
– Ajis Co Ltd 12 0.01 3 Bank of Saga Ltd 47 0.05
1 Akatsuki Inc 34 0.04 3 Bank of the Ryukyus Ltd 32 0.04
15 Akebono Brake Industry Co Ltd 29 0.03 1 BayCurrent Consulting Inc 22 0.03
3 Akita Bank Ltd 64 0.07 1 Beenos Inc 10 0.01
1 Albis Co Ltd 33 0.04 2 Belc Co Ltd 106 0.12
2 Alconix Corp 23 0.03 5 Bell System24 Holdings Inc 62 0.07
2 Alinco Inc 16 0.02 8 Belluna Co Ltd 92 0.11
10 Allied Telesis Holdings KK 10 0.01 1 Bengo4.com Inc 28 0.03
1 Alpen Co Ltd 17 0.02 1 Biofermin Pharmaceutical Co Ltd 15 0.02
1 Alpha Corp 12 0.01 2 BML Inc 51 0.06
1 Alpha Systems Inc 19 0.02 1 BP Castrol KK 16 0.02
8 Alpine Electronics Inc 130 0.15 2 Br Holdings Corp 6 0.01
2 Alps Logistics Co Ltd 13 0.02 7 Broadleaf Co Ltd 40 0.05
3 Altech Corp 52 0.06 1 BRONCO BILLY Co Ltd 13 0.02
13 Amano Corp 287 0.33 11 Bunka Shutter Co Ltd 76 0.09
– Amiyaki Tei Co Ltd 11 0.01 1 C Uyemura & Co Ltd 39 0.05
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 288
Pacific Basin Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 56.61% (continued) Japan - 56.61% (continued)
2 CAC Holdings Corp 15 0.02 3 Daihatsu Diesel Manufacturing Co Ltd 18 0.02
1 Can Do Co Ltd 9 0.01 1 Daihen Corp 34 0.04
3 Canon Electronics Inc 59 0.07 1 Daiho Corp 40 0.05
2 Carlit Holdings Co Ltd 17 0.02 1 Daiichi Jitsugyo Co Ltd 42 0.05
1 Cawachi Ltd 25 0.03 1 Daiichi Kigenso Kagaku-Kogyo Co Ltd 10 0.01
1 Central Automotive Products Ltd 13 0.02 1 Daiken Corp 22 0.03
3 Central Glass Co Ltd 79 0.09 3 Daiki Aluminium Industry Co Ltd 17 0.02
– Central Sports Co Ltd 10 0.01 1 Daikoku Denki Co Ltd 12 0.01
3 Chiba Kogyo Bank Ltd 11 0.01 1 Daikokutenbussan Co Ltd 32 0.04
1 Chino Corp 8 0.01 3 Daikyo Inc 82 0.10
2 Chiyoda Co Ltd 33 0.04 3 Daikyonishikawa Corp 26 0.03
14 Chiyoda Corp 39 0.05 2 Dainichi Co Ltd 11 0.01
1 Chiyoda Integre Co Ltd 17 0.02 1 Dainichiseika Color & Chemicals Manufacturing Co
Ltd 26 0.03
2 Chofu Seisakusho Co Ltd 44 0.05
6 Daio Paper Corp 79 0.09
1 Chori Co Ltd 10 0.01
3 Daiseki Co Ltd 69 0.08
3 Chubu Shiryo Co Ltd 33 0.04
1 Daiseki Eco. Solution Co Ltd 9 0.01
3 Chudenko Corp 69 0.08
3 Daishi Hokuetsu Financial Group Inc 93 0.11
1 Chuetsu Pulp & Paper Co Ltd 8 0.01
1 Daito Bank Ltd 9 0.01
19 Chugai Mining Co Ltd 3 –
1 Daito Pharmaceutical Co Ltd 24 0.03
1 Chugai Ro Co Ltd 17 0.02
2 Daitron Co Ltd 23 0.03
1 Chugoku Bank Ltd 13 0.02
4 Daiwa Industries Ltd 46 0.05
6 Chugoku Marine Paints Ltd 56 0.07
2 Daiwabo Holdings Co Ltd 101 0.12
1 Chukyo Bank Ltd 19 0.02
9 DCM Holdings Co Ltd 87 0.10
1 Chuo Gyorui Co Ltd 20 0.02
1 DD Holdings Co Ltd 11 0.01
1 Chuo Spring Co Ltd 21 0.02
1 Denki Kogyo Co Ltd 26 0.03
5 CI Takiron Corp 28 0.03
1 Denyo Co Ltd 13 0.02
24 Citizen Watch Co Ltd 129 0.15
3 Descente Ltd 55 0.06
– CK San-Etsu Co Ltd 7 0.01
4 Dexerials Corp 33 0.04
11 CKD Corp 114 0.13
1 Digital Arts Inc 46 0.05
2 Clarion Co Ltd 40 0.05
1 Digital Hearts Holdings Co Ltd 12 0.01
3 Cleanup Corp 18 0.02
2 Dip Corp 43 0.05
1 CMIC Holdings Co Ltd 13 0.02
1 DKS Co Ltd 24 0.03
10 CMK Corp 80 0.09
10 DMG Mori Co Ltd 140 0.16
1 Coco's Japan Co Ltd 14 0.02
2 Doshisha Co Ltd 35 0.04
2 cocokara fine Inc 111 0.13
3 Doutor Nichires Holdings Co Ltd 55 0.06
5 COLOPL Inc 35 0.04
4 Dowa Holdings Co Ltd 129 0.15
5 Colowide Co Ltd 112 0.13
2 DTS Corp 61 0.07
3 Computer Engineering & Consulting Ltd 74 0.09
3 Duskin Co Ltd 79 0.09
3 Computer Institute of Japan Ltd 23 0.03
1 DyDo Group Holdings Inc 60 0.07
1 Comture Corp 26 0.03
1 E-Guardian Inc 26 0.03
1 CONEXIO Corp 14 0.02
3 Eagle Industry Co Ltd 41 0.05
5 COOKPAD Inc 19 0.02
2 Earth Corp 79 0.09
1 Corona Corp 11 0.01
1 Ebara Jitsugyo Co Ltd 21 0.02
3 Cosel Co Ltd 34 0.04
6 EDION Corp 63 0.07
2 Cota Co Ltd 23 0.03
3 EF-ON INC 25 0.03
3 Create Restaurants Holdings Inc 32 0.04
2 eGuarantee Inc 16 0.02
2 Create SD Holdings Co Ltd 57 0.07
2 Ehime Bank Ltd 24 0.03
1 Creek & River Co Ltd 16 0.02
2 Eidai Co Ltd 8 0.01
1 Cresco Ltd 24 0.03
1 Eighteenth Bank Ltd 28 0.03
1 CTI Engineering Co Ltd 19 0.02
2 Eiken Chemical Co Ltd 51 0.06
6 CTS Co Ltd 39 0.05
1 Eizo Corp 50 0.06
4 Cybozu Inc 23 0.03
1 Elecom Co Ltd 24 0.03
2 Dai Nippon Toryo Co Ltd 16 0.02
1 Elematec Corp 12 0.01
1 Dai-Dan Co Ltd 23 0.03
2 EM Systems Co Ltd 17 0.02
4 Daibiru Corp 49 0.06
2 Endo Lighting Corp 15 0.02
1 Daido Kogyo Co Ltd 9 0.01
1 Eneres Co Ltd 4 –
3 Daido Metal Co Ltd 27 0.03
1 Enigmo Inc 13 0.02
2 Daido Steel Co Ltd 81 0.09
1 Enplas Corp 19 0.02
4 Daidoh Ltd 12 0.01
3 EPS Holdings Inc 50 0.06
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 289
Pacific Basin Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 56.61% (continued) Japan - 56.61% (continued)
3 eRex Co Ltd 20 0.02 3 Funai Electric Co Ltd 19 0.02
3 ES-Con Japan Ltd 17 0.02 3 Funai Soken Holdings Inc 57 0.07
2 ESPEC Corp 41 0.05 1 Furukawa Battery Co Ltd 8 0.01
1 Excel Co Ltd 27 0.03 3 Furukawa Co Ltd 43 0.05
3 Exedy Corp 69 0.08 3 Furuno Electric Co Ltd 32 0.04
– F-Tech Inc 4 – 1 Furusato Industries Ltd 14 0.02
7 F@N Communications Inc 42 0.05 1 Furyu Corp 13 0.02
1 Faith Inc 8 0.01 2 Fuso Chemical Co Ltd 40 0.05
1 Falco Holdings Co Ltd 21 0.02 1 Fuso Pharmaceutical Industries Ltd 18 0.02
3 FCC Co Ltd 84 0.10 3 Futaba Corp 52 0.06
2 FDK Corp 19 0.02 7 Futaba Industrial Co Ltd 36 0.04
11 Feed One Co Ltd 21 0.02 1 Future Corp 23 0.03
4 Ferrotec Holdings Corp 35 0.04 1 Fuyo General Lease Co Ltd 85 0.10
– FFRI Inc 11 0.01 1 G-7 Holdings Inc 23 0.03
12 FIDEA Holdings Co Ltd 16 0.02 2 G-Tekt Corp 25 0.03
1 Fields Corp 8 0.01 1 Gakken Holdings Co Ltd 31 0.04
6 Financial Products Group Co Ltd 71 0.08 1 Gakkyusha Co Ltd 20 0.02
2 FINDEX Inc 15 0.02 2 Gakujo Co Ltd 22 0.03
3 First Bank of Toyama Ltd 10 0.01 2 Gecoss Corp 22 0.03
1 Fixstars Corp 18 0.02 1 Genki Sushi Co Ltd 31 0.04
3 FJ Next Co Ltd 25 0.03 – Genky Drugstores Co Ltd 13 0.02
2 Foster Electric Co Ltd 23 0.03 2 Geo Holdings Corp 39 0.05
1 France Bed Holdings Co Ltd 12 0.01 2 Geostr Corp 10 0.01
2 Freund Corp 12 0.01 3 Gfoot Co Ltd 21 0.02
1 Fronteo Inc 8 0.01 1 Giken Ltd 22 0.03
1 FTGroup Co Ltd 9 0.01 1 GL Sciences Inc 9 0.01
1 Fudo Tetra Corp 23 0.03 1 Globeride Inc 33 0.04
1 Fuji Co Ltd 26 0.03 4 Glory Ltd 111 0.13
5 Fuji Corp (Machinery) 65 0.08 1 GMO Cloud K.K. 21 0.02
1 Fuji Corp (Retail Trade) 9 0.01 1 Godo Steel Ltd 10 0.01
2 Fuji Corp Ltd 16 0.02 3 Goldcrest Co Ltd 48 0.06
1 Fuji Kosan Co Ltd 7 0.01 1 Goldwin Inc 83 0.10
2 Fuji Kyuko Co Ltd 57 0.07 11 Gree Inc 47 0.05
4 Fuji Oil Co Ltd 13 0.02 6 GS Yuasa Corp 134 0.16
– Fuji Oozx Inc 7 0.01 – GSI Creos Corp 5 0.01
2 Fuji Pharma Co Ltd 27 0.03 1 Gumi Inc 9 0.01
9 Fuji Seal International Inc 310 0.36 1 Gun-Ei Chemical Industry Co Ltd 19 0.02
2 Fuji Soft Inc 86 0.10 11 GungHo Online Entertainment Inc 24 0.03
1 Fujibo Holdings Inc 22 0.03 2 Gunosy Inc 54 0.06
2 Fujicco Co Ltd 37 0.04 1 Gunze Ltd 55 0.06
3 Fujikura Kasei Co Ltd 18 0.02 3 Gurunavi Inc 21 0.02
26 Fujikura Ltd 112 0.13 2 H-One Co Ltd 21 0.02
4 Fujikura Rubber Ltd 17 0.02 5 H2O Retailing Corp 84 0.10
1 Fujimori Kogyo Co Ltd 32 0.04 – HABA Laboratories Inc 23 0.03
1 Fujio Food System Co Ltd 11 0.01 2 Hagihara Industries Inc 33 0.04
1 Fujita Kanko Inc 42 0.05 1 Hagiwara Electric Holdings Co Ltd 31 0.04
7 Fujitec Co Ltd 81 0.09 2 Hakuto Co Ltd 22 0.03
1 Fujitsu Frontech Ltd 16 0.02 – Halows Co Ltd 7 0.01
4 Fujitsu General Ltd 64 0.07 3 Hamakyorex Co Ltd 96 0.11
1 Fujiya Co Ltd 20 0.02 1 Handsman Co Ltd 5 0.01
1 FuKoKu Co Ltd 11 0.01 4 Hanwa Co Ltd 111 0.13
1 Fukuda Corp 29 0.03 3 Happinet Corp 41 0.05
1 Fukuda Denshi Co Ltd 41 0.05 1 Harima Chemicals Group Inc 15 0.02
2 Fukui Bank Ltd 29 0.03 1 Haruyama Holdings Inc 12 0.01
1 Fukui Computer Holdings Inc 11 0.01 14 Hazama Ando Corp 86 0.10
3 Fukushima Bank Ltd 13 0.02 3 Heiwa Real Estate Co Ltd 50 0.06
1 Fukushima Industries Corp 58 0.07 2 Heiwado Co Ltd 58 0.07
1 FULLCAST Holdings Co Ltd 31 0.04 1 Helios Techno Holding Co Ltd 8 0.01
1 Fumakilla Ltd 14 0.02 2 HI-LEX CORP 36 0.04
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 290
Pacific Basin Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 56.61% (continued) Japan - 56.61% (continued)
1 Hibiya Engineering Ltd 25 0.03 2 Ines Corp 26 0.03
3 Hiday Hidaka Corp 64 0.07 1 Infocom Corp 29 0.03
1 Hinokiya Group Co Ltd 13 0.02 6 Infomart Corp 80 0.09
1 Hioki EE Corp 26 0.03 2 Information Services International-Dentsu Ltd 68 0.08
4 Hiramatsu Inc 12 0.01 1 Insource Co Ltd 11 0.01
1 Hirano Tecseed Co Ltd/Kinzoku 17 0.02 3 Intage Holdings Inc 25 0.03
1 Hirata Corp 27 0.03 2 Inter Action Corp 39 0.05
7 Hiroshima Bank Ltd 45 0.05 3 Internet Initiative Japan Inc 74 0.09
1 Hiroshima Electric Railway Co Ltd 12 0.01 3 Inui Global Logistics Co Ltd 25 0.03
9 Hiroshima Gas Co Ltd 28 0.03 1 Iriso Electronics Co Ltd 53 0.06
3 Hisaka Works Ltd 29 0.03 – Ise Chemicals Corp 6 0.01
14 Hitachi Zosen Corp 48 0.06 1 Iseki & Co Ltd 23 0.03
1 Hochiki Corp 13 0.02 3 Ishihara Sangyo Kaisha Ltd 33 0.04
– Hodogaya Chemical Co Ltd 9 0.01 3 Istyle Inc 31 0.04
2 Hogy Medical Co Ltd 60 0.07 5 Itochu Enex Co Ltd 43 0.05
– Hokkaido Coca-Cola Bottling Co Ltd 7 0.01 – Itochu-Shokuhin Co Ltd 14 0.02
15 Hokkaido Electric Power Co Inc 106 0.12 3 Itoki Corp 19 0.02
2 Hokkaido Gas Co Ltd 21 0.02 – Itokuro Inc 12 0.01
1 Hokkan Holdings Ltd 18 0.02 1 IwaiCosmo Holdings Inc 14 0.02
4 Hokko Chemical Industry Co Ltd 18 0.02 6 Iwaki & Co Ltd 28 0.03
2 Hokkoku Bank Ltd 67 0.08 1 Iwasaki Electric Co Ltd 17 0.02
12 Hokuetsu Corp 61 0.07 3 Iwatani Corp 100 0.12
3 Hokuetsu Industries Co Ltd 32 0.04 1 Iwatsu Electric Co Ltd 8 0.01
8 Hokuhoku Financial Group Inc 111 0.13 11 J Trust Co Ltd 57 0.07
13 Hokuriku Electric Power Co 115 0.13 1 J-Oil Mills Inc 32 0.04
1 Hokuriku Electrical Construction Co Ltd 13 0.02 3 JAC Recruitment Co Ltd 61 0.07
2 Hokuto Corp 29 0.03 2 Jaccs Co Ltd 29 0.03
1 Honda Tsushin Kogyo Co Ltd 7 0.01 3 Jafco Co Ltd 106 0.12
3 Honeys Holdings Co Ltd 22 0.03 1 Jalux Inc 13 0.02
8 Hoosiers Holdings 49 0.06 1 Jamco Corp 34 0.04
7 Hosiden Corp 54 0.06 2 Janome Sewing Machine Co Ltd 11 0.01
– Hosokawa Micron Corp 18 0.02 30 Japan Asset Marketing Co Ltd 32 0.04
– House Do Co Ltd 2 – 4 Japan Aviation Electronics Industry Ltd 47 0.05
20 Hyakugo Bank Ltd 81 0.09 3 Japan Best Rescue System Co Ltd 37 0.04
2 Hyakujushi Bank Ltd 41 0.05 1 Japan Cash Machine Co Ltd 15 0.02
1 I'rom Group Co Ltd 16 0.02 49 Japan Display Inc 31 0.04
1 I-Net Corp 19 0.02 1 Japan Elevator Service Holdings Co Ltd 19 0.02
10 Ibiden Co Ltd 135 0.16 4 Japan Foundation Engineering Co Ltd 13 0.01
4 IBJ Inc 26 0.03 1 Japan Investment Adviser Co Ltd 32 0.04
2 IBJ Leasing Co Ltd 57 0.07 8 Japan Lifeline Co Ltd 134 0.16
1 Ichibanya Co Ltd 43 0.05 4 Japan Material Co Ltd 49 0.06
21 Ichigo Inc 71 0.08 1 Japan Meat Co Ltd 14 0.02
1 Ichiken Co Ltd 10 0.01 3 Japan Medical Dynamic Marketing Inc 34 0.04
4 Ichikoh Industries Ltd 26 0.03 1 Japan Oil Transportation Co Ltd 15 0.02
2 Ichinen Holdings Co Ltd 21 0.02 3 Japan Petroleum Exploration Co Ltd 64 0.07
3 Ichiyoshi Securities Co Ltd 24 0.03 1 Japan Property Management Center Co Ltd 5 0.01
1 Icom Inc 25 0.03 1 Japan Pulp & Paper Co Ltd 44 0.05
3 Idec Corp 73 0.09 1 Japan Pure Chemical Co Ltd 15 0.02
14 IDOM Inc 69 0.08 9 Japan Securities Finance Co Ltd 51 0.06
1 Ihara Science Corp 9 0.01 6 Japan Steel Works Ltd 105 0.12
7 Iino Kaiun Kaisha Ltd 29 0.03 4 Japan Transcity Corp 17 0.02
3 IJT Technology Holdings Co Ltd 17 0.02 4 Japan Wool Textile Co Ltd 33 0.04
2 Imagica Group Inc 11 0.01 2 Jastec Co Ltd 15 0.02
1 Imasen Electric Industrial 12 0.01 2 JBCC Holdings Inc 27 0.03
– Imuraya Group Co Ltd 8 0.01 1 JCR Pharmaceuticals Co Ltd 72 0.08
2 Inaba Denki Sangyo Co Ltd 91 0.11 2 JCU Corp 33 0.04
2 Inaba Seisakusho Co Ltd 20 0.02 2 Jeol Ltd 35 0.04
5 Inabata & Co Ltd 73 0.09 – JIG-SAW Inc 3 –
1 Inageya Co Ltd 21 0.02 7 Jimoto Holdings Inc 9 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 291
Pacific Basin Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 56.61% (continued) Japan - 56.61% (continued)
2 JINS Inc 99 0.12 3 Kito Corp 51 0.06
1 JK Holdings Co Ltd 7 0.01 7 Kitz Corp 59 0.07
1 Joban Kosan Co Ltd 12 0.01 5 Kiyo Bank Ltd 73 0.09
1 Joshin Denki Co Ltd 38 0.04 2 KLab Inc 25 0.03
5 JP-Holdings Inc 13 0.01 1 KNT-CT Holdings Co Ltd 11 0.01
1 JSP Corp 19 0.02 2 Koa Corp 27 0.03
4 Juki Corp 52 0.06 3 Koatsu Gas Kogyo Co Ltd 23 0.03
2 Juroku Bank Ltd 55 0.06 2 Kobe Bussan Co Ltd 74 0.09
7 Justsystems Corp 149 0.17 1 Kobe Electric Railway Co Ltd 18 0.02
12 JVC Kenwood Corp 30 0.03 2 Kohnan Shoji Co Ltd 57 0.07
1 K&O Energy Group Inc 19 0.02 2 Kohsoku Corp 18 0.02
10 kabu.com Securities Co Ltd 38 0.04 1 Koike Sanso Kogyo Co Ltd 13 0.02
5 Kadokawa Dwango Corp 59 0.07 5 Kojima Co Ltd 21 0.02
– Kadoya Sesame Mills Inc 21 0.02 3 Kokuyo Co Ltd 42 0.05
2 Kaga Electronics Co Ltd 45 0.05 3 Komatsu Matere Co Ltd 28 0.03
1 Kakiyasu Honten Co Ltd 33 0.04 1 Komatsu Wall Industry Co Ltd 15 0.02
3 Kamakura Shinsho Ltd 31 0.04 4 Komeda Holdings Co Ltd 79 0.09
1 Kameda Seika Co Ltd 61 0.07 1 Komehyo Co Ltd 6 0.01
1 Kamei Corp 17 0.02 3 Komeri Co Ltd 65 0.08
2 Kanaden Corp 21 0.02 5 Komori Corp 52 0.06
1 Kanagawa Chuo Kotsu Co Ltd 28 0.03 4 Konaka Co Ltd 18 0.02
2 Kanamoto Co Ltd 71 0.08 1 Kondotec Inc 9 0.01
7 Kandenko Co Ltd 73 0.09 2 Konishi Co Ltd 40 0.05
8 Kanematsu Corp 98 0.11 2 Konoike Transport Co Ltd 28 0.03
1 Kanematsu Electronics Ltd 26 0.03 1 Konoshima Chemical Co Ltd 5 0.01
6 Kansai Mirai Financial Group Inc 48 0.06 4 Koshidaka Holdings Co Ltd 54 0.06
1 Kansai Super Market Ltd 10 0.01 2 Kotobuki Spirits Co Ltd 77 0.09
3 Kanto Denka Kogyo Co Ltd 25 0.03 1 Kourakuen Holdings Corp 26 0.03
1 Kappa Create Co Ltd 12 0.01 1 Krosaki Harima Corp 48 0.06
2 Kasai Kogyo Co Ltd 19 0.02 1 KRS Corp 24 0.03
2 Katakura Industries Co Ltd 17 0.02 3 Kumagai Gumi Co Ltd 101 0.12
2 Kato Sangyo Co Ltd 62 0.07 8 Kumiai Chemical Industry Co Ltd 51 0.06
1 Kato Works Co Ltd 21 0.02 1 Kura Corp 50 0.06
– Kawada Technologies Inc 23 0.03 1 Kurabo Industries Ltd 26 0.03
1 Kawai Musical Instruments Manufacturing Co Ltd 29 0.03 1 Kureha Corp 105 0.12
3 Kawakin Holdings Co Ltd 8 0.01 1 Kurimoto Ltd 10 0.01
– Kawasaki Kinkai Kisen Kaisha Ltd 6 0.01 1 Kuriyama Holdings Corp 15 0.02
8 Kawasaki Kisen Kaisha Ltd 121 0.14 2 KYB Corp 60 0.07
1 Kawasumi Laboratories Inc 8 0.01 1 Kyodo Printing Co Ltd 12 0.01
4 Keihanshin Building Co Ltd 35 0.04 1 Kyoei Steel Ltd 29 0.03
1 Keihin Co Ltd 8 0.01 1 Kyokuto Boeki Kaisha Ltd 12 0.01
3 Keihin Corp 59 0.07 3 Kyokuto Kaihatsu Kogyo Co Ltd 38 0.04
8 Keiyo Bank Ltd 60 0.07 3 Kyokuto Securities Co Ltd 32 0.04
4 Keiyo Co Ltd 19 0.02 1 Kyokuyo Co Ltd 26 0.03
17 Kenedix Inc 78 0.09 3 KYORIN Holdings Inc 77 0.09
1 Kenko Mayonnaise Co Ltd 14 0.02 2 Kyoritsu Maintenance Co Ltd 125 0.15
1 Key Coffee Inc 25 0.03 4 Kyosan Electric Manufacturing Co Ltd 18 0.02
1 KFC Holdings Japan Ltd 12 0.01 27 Kyushu Financial Group Inc 125 0.15
2 KH Neochem Co Ltd 46 0.05 1 LAC Co Ltd 17 0.02
1 Ki-Star Real Estate Co Ltd 8 0.01 12 LAND Co Ltd 1 –
7 Kimoto Co Ltd 13 0.02 2 Laox Co Ltd 6 0.01
3 King Jim Co Ltd 22 0.03 3 Lasertec Corp 110 0.13
1 Kintetsu Department Store Co Ltd 20 0.02 2 LEC Inc 29 0.03
3 Kintetsu World Express Inc 52 0.06 21 Leopalace21 Corp 90 0.11
2 Kissei Pharmaceutical Co Ltd 71 0.08 1 Life Corp 29 0.03
– Kita-Nippon Bank Ltd 9 0.01 4 Lifull Co Ltd 32 0.04
1 Kitagawa Corp 11 0.01 2 Like Co Ltd 24 0.03
– Kitano Construction Corp 14 0.02 1 Linical Co Ltd 9 0.01
3 Kitanotatsujin Corp 14 0.02 7 Link And Motivation Inc 69 0.08
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 292
Pacific Basin Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 56.61% (continued) Japan - 56.61% (continued)
4 Lintec Corp 91 0.11 5 Miraca Holdings Inc 116 0.14
1 LIXIL VIVA Corp 24 0.03 7 Mirait Holdings Corp 111 0.13
1 Look Holdings Inc 6 0.01 1 Miroku Jyoho Service Co Ltd 22 0.03
1 M&A Capital Partners Co Ltd 30 0.04 2 Misawa Homes Co Ltd 15 0.02
4 Macnica Fuji Electronics Holdings Inc 66 0.08 1 Mitani Corp 58 0.07
1 Macromill Inc 16 0.02 1 Mitani Sekisan Co Ltd 15 0.02
4 Maeda Corp 44 0.05 6 Mito Securities Co Ltd 17 0.02
1 Maeda Kosen Co Ltd 32 0.04 6 Mitsuba Corp 38 0.04
6 Maeda Road Construction Co Ltd 114 0.13 – Mitsubishi Kakoki Kaisha Ltd 5 0.01
1 Maezawa Kasei Industries Co Ltd 11 0.01 5 Mitsubishi Logisnext Co Ltd 60 0.07
1 Maezawa Kyuso Industries Co Ltd 26 0.03 3 Mitsubishi Logistics Corp 69 0.08
2 Makino Milling Machine Co Ltd 98 0.11 3 Mitsubishi Paper Mills Ltd 14 0.02
1 Mamezou Holdings Co Ltd 10 0.01 – Mitsubishi Research Institute Inc 14 0.02
3 Mandom Corp 82 0.10 2 Mitsubishi Shokuhin Co Ltd 43 0.05
2 Mani Inc 85 0.10 1 Mitsubishi Steel Manufacturing Co Ltd 25 0.03
1 Marklines Co Ltd 11 0.01 2 Mitsuboshi Belting Ltd 54 0.06
1 Mars Group Holdings Corp 23 0.03 6 Mitsui E&S Holdings Co Ltd 69 0.08
1 Marubun Corp 11 0.01 3 Mitsui High-Tec Inc 35 0.04
2 Marudai Food Co Ltd 39 0.05 2 Mitsui Matsushima Holdings Co Ltd 36 0.04
3 Maruha Nichiro Corp 116 0.14 5 Mitsui Mining & Smelting Co Ltd 122 0.14
1 Maruka Machinery Co Ltd 12 0.01 1 Mitsui Sugar Co Ltd 37 0.04
4 Marusan Securities Co Ltd 34 0.04 2 Mitsui-Soko Holdings Co Ltd 28 0.03
1 Maruwa Co Ltd 40 0.05 – Mitsumura Printing Co Ltd 8 0.01
1 Maruwa Unyu Kikan Co Ltd 30 0.03 3 Mitsuuroko Group Holdings Co Ltd 19 0.02
1 Maruzen Co Ltd 21 0.02 3 Mixi Inc 64 0.07
1 Maruzen Showa Unyu Co Ltd 22 0.03 – Miyaji Engineering Group Inc 4 –
3 Marvelous Inc 21 0.02 1 Miyazaki Bank Ltd 38 0.04
2 Matching Service Japan Co Ltd 22 0.03 2 Mizuno Corp 36 0.04
1 Matsuda Sangyo Co Ltd 8 0.01 1 Mochida Pharmaceutical Co Ltd 100 0.12
1 Matsui Construction Co Ltd 9 0.01 2 Modec Inc 47 0.05
2 Matsuya Co Ltd 24 0.03 16 Monex Group Inc 61 0.07
1 Matsuyafoods Holdings Co Ltd 21 0.02 6 Money Partners Group Co Ltd 17 0.02
3 Max Co Ltd 37 0.04 1 Monogatari Corp 49 0.06
5 Maxell Holdings Ltd 65 0.08 1 MORESCO Corp 9 0.01
1 Maxvalu Tokai Co Ltd 11 0.01 4 Morinaga Milk Industry Co Ltd 106 0.12
5 MCJ Co Ltd 38 0.04 3 Morita Holdings Corp 55 0.06
2 MEC Co Ltd 19 0.02 2 Morito Co Ltd 18 0.02
1 Media Do Holdings Co Ltd 24 0.03 – Morozoff Ltd 14 0.02
3 Medical Data Vision Co Ltd 25 0.03 – Mory Industries Inc 10 0.01
2 Medical System Network Co Ltd 8 0.01 4 MTI Ltd 21 0.02
1 Megachips Corp 27 0.03 1 Mugen Estate Co Ltd 7 0.01
4 Megmilk Snow Brand Co Ltd 106 0.12 1 Murakami Corp 12 0.01
4 Meidensha Corp 56 0.07 9 Musashi Seimitsu Industry Co Ltd 146 0.17
1 Meiji Electric Industries Co Ltd 11 0.01 2 Musashino Bank Ltd 54 0.06
2 Meiko Electronics Co Ltd 34 0.04 1 N Field Co Ltd 12 0.01
2 Meiko Network Japan Co Ltd 16 0.02 1 Nachi-Fujikoshi Corp 60 0.07
4 Meisei Industrial Co Ltd 30 0.04 1 Nafco Co Ltd 13 0.02
2 Meitec Corp 95 0.11 1 Nagano Bank Ltd 10 0.01
1 Meito Sangyo Co Ltd 14 0.02 2 Nagano Keiki Co Ltd 16 0.02
2 Meiwa Corp 9 0.01 8 Nagase & Co Ltd 126 0.15
2 Menicon Co Ltd 48 0.06 1 Nagatanien Holdings Co Ltd 25 0.03
1 Michinoku Bank Ltd 21 0.02 1 Nagawa Co Ltd 34 0.04
2 Micronics Japan Co Ltd 21 0.02 2 Nakabayashi Co Ltd 12 0.01
4 Mie Kotsu Group Holdings Inc 22 0.03 1 Nakamuraya Co Ltd 20 0.02
3 Mikuni Corp 14 0.02 5 Nakanishi Inc 93 0.11
2 Milbon Co Ltd 83 0.10 3 Nakayama Steel Works Ltd 13 0.02
3 Mimaki Engineering Co Ltd 24 0.03 3 Namura Shipbuilding Co Ltd 13 0.02
3 Mimasu Semiconductor Industry Co Ltd 37 0.04 2 Nanto Bank Ltd 50 0.06
2 Ministop Co Ltd 31 0.04 1 Natori Co Ltd 20 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 293
Pacific Basin Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 56.61% (continued) Japan - 56.61% (continued)
1 NEC Capital Solutions Ltd 13 0.02 4 Nippon Seiki Co Ltd 74 0.09
2 NEC Networks & System Integration Corp 45 0.05 – Nippon Seisen Co Ltd 12 0.01
17 NET One Systems Co Ltd 357 0.42 1 Nippon Sharyo Ltd 14 0.02
3 Neturen Co Ltd 24 0.03 7 Nippon Sheet Glass Co Ltd 56 0.07
3 New Japan Chemical Co Ltd 4 – 3 Nippon Signal Company Ltd 31 0.04
3 Nextage Co Ltd 34 0.04 3 Nippon Soda Co Ltd 62 0.07
1 Nexyz Group Corp 16 0.02 1 Nippon Steel & Sumikin Bussan Corp 50 0.06
1 Nice Holdings Inc 7 0.01 24 Nippon Suisan Kaisha Ltd 145 0.17
4 Nichi-iko Pharmaceutical Co Ltd 65 0.08 1 Nippon Systemware Co Ltd 17 0.02
5 Nichia Steel Works Ltd 15 0.02 4 Nippon Thompson Co Ltd 25 0.03
5 Nichias Corp 97 0.11 19 Nippon Yakin Kogyo Co Ltd 48 0.06
1 Nichiban Co Ltd 20 0.02 11 Nishi-Nippon Financial Holdings Inc 118 0.14
4 Nichicon Corp 33 0.04 5 Nishi-Nippon Railroad Co Ltd 146 0.17
2 Nichiden Corp 26 0.03 1 Nishikawa Rubber Co Ltd 22 0.03
2 Nichiha Corp 52 0.06 4 Nishimatsu Construction Co Ltd 93 0.11
4 NichiiGakkan Co Ltd 38 0.04 9 Nishimatsuya Chain Co Ltd 76 0.09
2 Nichireki Co Ltd 20 0.02 1 Nishio Rent All Co Ltd 51 0.06
1 Nichirin Co Ltd 24 0.03 7 Nissan Shatai Co Ltd 55 0.06
1 Nihon Chouzai Co Ltd 29 0.03 4 Nissan Tokyo Sales Holdings Co Ltd 12 0.01
2 Nihon Dempa Kogyo Co Ltd 9 0.01 1 Nissei ASB Machine Co Ltd 25 0.03
1 Nihon Dengi Co Ltd 26 0.03 1 Nissei Corp 15 0.02
1 Nihon Eslead Corp 7 0.01 1 Nissei Plastic Industrial Co Ltd 6 0.01
– Nihon Flush Co Ltd 6 0.01 3 Nissha Co Ltd 46 0.05
7 Nihon House Holdings Co Ltd 32 0.04 2 Nisshin Fudosan Co 10 0.01
3 Nihon Kagaku Sangyo Co Ltd 32 0.04 4 Nisshin Oillio Group Ltd 124 0.14
2 Nihon Nohyaku Co Ltd 10 0.01 3 Nisshin Steel Co Ltd 37 0.04
7 Nihon Parkerizing Co Ltd 87 0.10 14 Nisshinbo Holdings Inc 127 0.15
2 Nihon Plast Co Ltd 16 0.02 1 Nissin Corp 14 0.02
2 Nihon Tokushu Toryo Co Ltd 30 0.03 5 Nissin Electric Co Ltd 43 0.05
1 Nihon Yamamura Glass Co Ltd 20 0.02 7 Nissin Kogyo Co Ltd 94 0.11
4 Nikkiso Co Ltd 42 0.05 1 Nissin Sugar Co Ltd 21 0.02
1 Nikko Co Ltd 13 0.02 2 Nissui Pharmaceutical Co Ltd 18 0.02
5 Nikkon Holdings Co Ltd 136 0.16 2 Nitta Corp 55 0.06
1 Nippo Corp 19 0.02 2 Nittan Valve Co Ltd 6 0.01
3 Nippon Air Conditioning Services Co Ltd 19 0.02 1 Nittetsu Mining Co Ltd 39 0.05
1 Nippon Beet Sugar Manufacturing Co Ltd 26 0.03 2 Nitto Boseki Co Ltd 38 0.04
1 Nippon Carbide Industries Co Inc 15 0.02 3 Nitto FC Co Ltd 19 0.02
1 Nippon Carbon Co Ltd 29 0.03 2 Nitto Kogyo Corp 31 0.04
1 Nippon Ceramic Co Ltd 13 0.02 1 Nitto Kohki Co Ltd 22 0.03
1 Nippon Chemi-Con Corp 23 0.03 1 Nitto Seiko Co Ltd 9 0.01
18 Nippon Coke & Engineering Co Ltd 17 0.02 1 Nittoc Construction Co Ltd 3 –
1 Nippon Commercial Development Co Ltd 21 0.02 1 Nittoku Engineering Co Ltd 24 0.03
3 Nippon Concrete Industries Co Ltd 8 0.01 1 NJS Co Ltd 18 0.02
9 Nippon Denko Co Ltd 21 0.02 2 Nohmi Bosai Ltd 34 0.04
3 Nippon Densetsu Kogyo Co Ltd 61 0.07 3 Nojima Corp 71 0.08
4 Nippon Felt Co Ltd 17 0.02 2 Nomura Co Ltd 67 0.08
1 Nippon Fine Chemical Co Ltd 15 0.02 1 Noritake Co Ltd 25 0.03
5 Nippon Flour Mills Co Ltd 91 0.11 2 Noritsu Koki Co Ltd 38 0.04
2 Nippon Hume Corp 14 0.02 2 Noritz Corp 31 0.04
1 Nippon Kanzai Co Ltd 22 0.03 22 North Pacific Bank Ltd 65 0.08
1 Nippon Kayaku Co Ltd 11 0.01 – NS Tool Co Ltd 7 0.01
– Nippon Kodoshi Corp 8 0.01 1 NS United Kaiun Kaisha Ltd 19 0.02
1 Nippon Koei Co Ltd 24 0.03 2 NSD Co Ltd 39 0.05
46 Nippon Light Metal Holdings Co Ltd 103 0.12 29 NTN Corp 98 0.11
8 Nippon Paper Industries Co Ltd 156 0.18 – NuFlare Technology Inc 16 0.02
30 Nippon Parking Development Co Ltd 43 0.05 4 OAK Capital Corp 6 0.01
2 Nippon Pillar Packing Co Ltd 26 0.03 2 Obara Group Inc 95 0.11
1 Nippon Piston Ring Co Ltd 13 0.02 – Odelic Co Ltd 15 0.02
1 Nippon Road Co Ltd 27 0.03 8 Oenon Holdings Inc 27 0.03
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 294
Pacific Basin Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 56.61% (continued) Japan - 56.61% (continued)
3 Ogaki Kyoritsu Bank Ltd 68 0.08 24 Prospect Co Ltd 5 0.01
1 Ohashi Technica Inc 10 0.01 1 Proto Corp 21 0.02
1 Ohsho Food Service Corp 70 0.08 1 PS Mitsubishi Construction Co Ltd 8 0.01
2 Oiles Corp 29 0.03 2 Punch Industry Co Ltd 13 0.02
1 Oita Bank Ltd 37 0.04 1 Qol Holdings Co Ltd 20 0.02
3 Okabe Co Ltd 26 0.03 1 Quick Co Ltd 15 0.02
1 Okamoto Industries Inc 53 0.06 3 Raito Kogyo Co Ltd 48 0.06
– Okamoto Machine Tool Works Ltd 5 0.01 1 Rakus Co Ltd 13 0.02
7 Okamura Corp 103 0.12 1 Rasa Industries Ltd 13 0.02
14 Okasan Securities Group Inc 69 0.08 2 Raysum Co Ltd 17 0.02
7 Oki Electric Industry Co Ltd 94 0.11 5 Relia Inc 45 0.05
1 Okinawa Cellular Telephone Co 46 0.05 1 Remixpoint Inc 6 0.01
4 Okinawa Electric Power Co Inc 81 0.09 1 Renaissance Inc 15 0.02
2 OKUMA Corp 100 0.12 2 Renova Inc 23 0.03
3 Okumura Corp 104 0.12 10 Resorttrust Inc 170 0.20
1 Okura Industrial Co Ltd 19 0.02 1 Retail Partners Co Ltd 10 0.01
2 Okuwa Co Ltd 22 0.03 1 Rheon Automatic Machinery Co Ltd 14 0.02
2 Olympic Group Corp 18 0.02 1 Rhythm Watch Co Ltd 16 0.02
1 Onoken Co Ltd 15 0.02 1 Ricoh Leasing Co Ltd 42 0.05
12 Onward Holdings Co Ltd 72 0.08 2 Right On Co Ltd 14 0.02
1 Ootoya Holdings Co Ltd 20 0.02 1 Riken Corp 35 0.04
– Open Door Inc 12 0.01 1 Riken Keiki Co Ltd 25 0.03
2 Optex Group Co Ltd 41 0.05 4 Riken Technos Corp 19 0.02
1 Organo Corp 22 0.03 1 Riken Vitamin Co Ltd 24 0.03
1 Origin Electric Co Ltd 10 0.01 2 Ringer Hut Co Ltd 46 0.05
1 Osaka Organic Chemical Industry Ltd 17 0.02 1 Rion Co Ltd 16 0.02
1 Osaka Soda Co Ltd 28 0.03 3 Riso Kagaku Corp 46 0.05
1 Osaka Steel Co Ltd 14 0.02 7 Riso Kyoiku Co Ltd 25 0.03
1 OSAKA Titanium Technologies Co Ltd 26 0.03 1 Rock Field Co Ltd 18 0.02
4 Osaki Electric Co Ltd 29 0.03 1 Rokko Butter Co Ltd 31 0.04
6 OSG Corp 113 0.13 2 Roland DG Corp 39 0.05
11 OSJB Holdings Corp 32 0.04 2 Rorze Corp 35 0.04
1 Otsuka Kagu Ltd 2 – 5 Round One Corp 51 0.06
9 Outsourcing Inc 110 0.13 3 Royal Holdings Co Ltd 76 0.09
2 Oyo Corp 20 0.02 – RS Technologies Co Ltd 18 0.02
3 Pacific Industrial Co Ltd 47 0.05 2 Ryobi Ltd 55 0.06
1 Pacific Metals Co Ltd 32 0.04 2 Ryoden Corp 35 0.04
1 Pack Corp 23 0.03 2 Ryosan Co Ltd 58 0.07
1 PAL GROUP Holdings Co Ltd 33 0.04 3 Ryoyo Electro Corp 51 0.06
– PAPYLESS Co Ltd 7 0.01 1 S Foods Inc 61 0.07
1 Paramount Bed Holdings Co Ltd 55 0.06 1 S&B Foods Inc 33 0.04
3 Parco Co Ltd 31 0.04 2 Sac's Bar Holdings Inc 20 0.02
3 Paris Miki Holdings Inc 15 0.02 3 Saibu Gas Co Ltd 68 0.08
3 Pasona Group Inc 37 0.04 6 Saizeriya Co Ltd 107 0.12
4 PC Depot Corp 22 0.03 1 Sakai Chemical Industry Co Ltd 20 0.02
2 Pegasus Sewing Machine Manufacturing Co Ltd 12 0.01 1 Sakai Heavy Industries Ltd 12 0.01
23 Penta-Ocean Construction Co Ltd 145 0.17 1 Sakai Moving Service Co Ltd 62 0.07
1 Pepper Food Service Co Ltd 43 0.05 4 Sakata INX Corp 44 0.05
1 PIA Corp 32 0.04 2 Sakura Internet Inc 12 0.01
1 Pilot Corp 26 0.03 3 Sala Corp 16 0.02
2 Piolax Inc 51 0.06 2 SAMTY Co Ltd 34 0.04
23 Pioneer Corp 19 0.02 2 San ju San Financial Group Inc 31 0.04
2 Plenus Co Ltd 37 0.04 2 San-A Co Ltd 88 0.10
1 Poletowin Pitcrew Holdings Inc 30 0.04 4 San-Ai Oil Co Ltd 46 0.05
7 Press Kogyo Co Ltd 38 0.04 12 San-In Godo Bank Ltd 99 0.12
2 Pressance Corp 30 0.04 2 Sanden Holdings Corp 14 0.02
3 Prestige International Inc 41 0.05 1 Sanei Architecture Planning Co Ltd 17 0.02
3 Prima Meat Packers Ltd 53 0.06 4 Sangetsu Corp 80 0.09
1 Pronexus Inc 14 0.02 3 Sanken Electric Co Ltd 56 0.07
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 295
Pacific Basin Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 56.61% (continued) Japan - 56.61% (continued)
3 Sanki Engineering Co Ltd 28 0.03 3 Shinko Plantech Co Ltd 31 0.04
4 Sankyo Seiko Co Ltd 15 0.02 3 Shinko Shoji Co Ltd 53 0.06
2 Sankyo Tateyama Inc 20 0.02 8 Shinmaywa Industries Ltd 109 0.13
2 Sanoh Industrial Co Ltd 9 0.01 1 Shinnihon Corp 16 0.02
1 Sansei Technologies Inc 17 0.02 3 Shinoken Group Co Ltd 26 0.03
2 Sansha Electric Manufacturing Co Ltd 21 0.02 1 Shinsho Corp 12 0.01
2 Sanshin Electronics Co Ltd 34 0.04 2 Shinwa Co Ltd 36 0.04
1 Sanyo Chemical Industries Ltd 45 0.05 4 Ship Healthcare Holdings Inc 136 0.16
– Sanyo Denki Co Ltd 8 0.01 3 Shizuki Electric Co Inc 20 0.02
2 Sanyo Electric Railway Co Ltd 46 0.05 4 Shizuoka Gas Co Ltd 38 0.04
1 Sanyo Housing Nagoya Co Ltd 11 0.01 1 Shoei Co Ltd 27 0.03
1 Sanyo Shokai Ltd 18 0.02 2 Shoei Foods Corp 73 0.09
1 Sanyo Special Steel Co Ltd 32 0.04 1 Shofu Inc 10 0.01
2 Sanyo Trading Co Ltd 30 0.04 1 Showa Aircraft Industry Co Ltd 12 0.01
6 Sapporo Holdings Ltd 128 0.15 3 Showa Corp 47 0.05
2 Sato Holdings Corp 61 0.07 2 Showa Sangyo Co Ltd 40 0.05
1 Sato Shoji Corp 9 0.01 1 SigmaXYZ Inc 8 0.01
2 Satori Electric Co Ltd 19 0.02 3 Siix Corp 42 0.05
3 Sawada Holdings Co Ltd 25 0.03 1 Sinanen Holdings Co Ltd 19 0.02
3 SBS Holdings Inc 41 0.05 1 Sinfonia Technology Co Ltd 21 0.02
2 Scala Inc 12 0.01 2 Sinko Industries Ltd 25 0.03
5 Scroll Corp 21 0.02 2 Sintokogio Ltd 22 0.03
– SEC Carbon Ltd 24 0.03 1 SK-Electronics Co Ltd 19 0.02
1 Secom Joshinetsu Co Ltd 27 0.03 12 SKY Perfect JSAT Holdings Inc 60 0.07
2 Seed Co Ltd 25 0.03 1 SMK Corp 23 0.03
2 Seika Corp 23 0.03 5 SMS Co Ltd 89 0.10
3 Seikagaku Corp 47 0.05 3 SNT Corp 12 0.01
2 Seikitokyu Kogyo Co Ltd 15 0.02 3 Soda Nikka Co Ltd 17 0.02
2 Seiko Holdings Corp 49 0.06 4 Sodick Co Ltd 27 0.03
1 Seiko PMC Corp 10 0.01 2 Soft99 Corp 20 0.02
4 Seiren Co Ltd 60 0.07 1 Softbank Technology Corp 26 0.03
2 Sekisui Jushi Corp 45 0.05 2 Softbrain Co Ltd 10 0.01
1 Sekisui Plastics Co Ltd 10 0.01 – Software Service Inc 17 0.02
10 Senko Group Holdings Co Ltd 78 0.09 1 Sogo Medical Holdings Co Ltd 28 0.03
– Senshu Electric Co Ltd 9 0.01 1 Soken Chemical & Engineering Co Ltd 18 0.02
17 Senshu Ikeda Holdings Inc 52 0.06 4 Solasto Corp 53 0.06
2 Senshukai Co Ltd 4 – 2 Sotoh Co Ltd 17 0.02
1 SFP Holdings Co Ltd 11 0.01 6 SourceNext Corp 39 0.05
1 Shibaura Electronics Co Ltd 27 0.03 1 Space Co Ltd 16 0.02
1 Shibaura Mechatronics Corp 18 0.02 4 Space Value Holdings Co Ltd 37 0.04
1 Shibusawa Warehouse Co Ltd 18 0.02 7 Sparx Group Co Ltd 15 0.02
1 Shibuya Corp 40 0.05 1 SRA Holdings 32 0.04
3 Shidax Corp 9 0.01 2 SRS Holdings Co Ltd 17 0.02
1 Shift Inc 22 0.03 1 St Marc Holdings Co Ltd 24 0.03
3 Shiga Bank Ltd 80 0.09 1 Star Mica Co Ltd 16 0.02
3 Shikoku Bank Ltd 37 0.04 3 Star Micronics Co Ltd 39 0.05
3 Shikoku Chemicals Corp 33 0.04 3 Starts Corp Inc 61 0.07
1 Shima Seiki Manufacturing Ltd 40 0.05 1 Starzen Co Ltd 27 0.03
3 Shimachu Co Ltd 81 0.09 2 Stella Chemifa Corp 48 0.06
– Shimizu Bank Ltd 7 0.01 1 Step Co Ltd 11 0.01
1 Shimojima Co Ltd 13 0.02 – Strike Co Ltd 8 0.01
1 Shin Nippon Air Technologies Co Ltd 18 0.02 1 Studio Alice Co Ltd 11 0.01
5 Shin Nippon Biomedical Laboratories Ltd 29 0.03 1 Sugimoto & Co Ltd 14 0.02
5 Shin-Etsu Polymer Co Ltd 39 0.05 2 Sumida Corp 27 0.03
1 Shin-Keisei Electric Railway Co Ltd 22 0.03 1 Suminoe Textile Co Ltd 17 0.02
– Shinagawa Refractories Co Ltd 8 0.01 – Sumitomo Bakelite Co Ltd 15 0.02
1 Shindengen Electric Manufacturing Co Ltd 25 0.03 1 Sumitomo Densetsu Co Ltd 17 0.02
2 Shinkawa Ltd 7 0.01 12 Sumitomo Mitsui Construction Co Ltd 77 0.09
6 Shinko Electric Industries Co Ltd 43 0.05 3 Sumitomo Osaka Cement Co Ltd 148 0.17
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 296
Pacific Basin Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 56.61% (continued) Japan - 56.61% (continued)
1 Sumitomo Precision Products Co Ltd 19 0.02 1 TKC Corp 40 0.05
3 Sumitomo Riko Co Ltd 26 0.03 2 Toa Corp (Hyogo) 22 0.03
1 Sumitomo Seika Chemicals Co Ltd 43 0.05 1 Toa Corp (Tokyo) 17 0.02
4 Sumitomo Warehouse Co Ltd 58 0.07 1 Toa Oil Co Ltd 18 0.02
3 Sun Frontier Fudousan Co Ltd 31 0.04 1 Toa Road Corp 23 0.03
1 Sun-Wa Technos Corp 6 0.01 8 Toagosei Co Ltd 91 0.11
3 Suncall Corp 20 0.02 1 Tobishima Corp 17 0.02
1 Sushiro Global Holdings Ltd 60 0.07 6 TOC Co Ltd 43 0.05
4 SWCC Showa Holdings Co Ltd 23 0.03 4 Tocalo Co Ltd 39 0.05
5 Systena Corp 67 0.08 5 Tochigi Bank Ltd 13 0.02
2 Syuppin Co Ltd 19 0.02 2 Toei Animation Co Ltd 57 0.07
1 T Hasegawa Co Ltd 21 0.02 1 Toei Co Ltd 73 0.09
1 T RAD Co Ltd 14 0.02 – Toenec Corp 11 0.01
2 T&K Toka Co Ltd 19 0.02 14 Toho Bank Ltd 46 0.05
2 T-Gaia Corp 36 0.04 1 Toho Co Ltd 21 0.02
3 Tachi-S Co Ltd 37 0.04 4 Toho Holdings Co Ltd 109 0.13
1 Tachibana Eletech Co Ltd 17 0.02 5 Toho Titanium Co Ltd 68 0.08
1 Tachikawa Corp 12 0.01 1 Toho Zinc Co Ltd 37 0.04
9 Tadano Ltd 108 0.13 1 Tohoku Bank Ltd 17 0.02
1 Taihei Dengyo Kaisha Ltd 37 0.04 1 Tohokushinsha Film Corp 6 0.01
3 Taiho Kogyo Co Ltd 28 0.03 1 Tokai Corp 30 0.03
2 Taikisha Ltd 62 0.07 7 TOKAI Holdings Corp 59 0.07
1 Taiko Bank Ltd 11 0.01 5 Tokai Rika Co Ltd 87 0.10
1 Taisei Lamick Co Ltd 14 0.02 18 Tokai Tokyo Financial Holdings Inc 90 0.11
1 Taiyo Holdings Co Ltd 35 0.04 1 Token Corp 62 0.07
3 Takamatsu Construction Group Co Ltd 67 0.08 1 Tokushu Tokai Paper Co Ltd 27 0.03
2 Takano Co Ltd 13 0.02 2 Tokyo Base Co Ltd 11 0.01
1 Takaoka Toko Co Ltd 14 0.02 9 Tokyo Dome Corp 87 0.10
7 Takara Leben Co Ltd 21 0.02 2 Tokyo Energy & Systems Inc 17 0.02
– Takara Printing Co Ltd 3 – 2 Tokyo Individualized Educational Institute Inc 20 0.02
3 Takara Standard Co Ltd 52 0.06 2 Tokyo Keiki Inc 23 0.03
1 Takasago International Corp 41 0.05 2 Tokyo Kiraboshi Financial Group Inc 43 0.05
3 Takasago Thermal Engineering Co Ltd 59 0.07 3 Tokyo Ohka Kogyo Co Ltd 96 0.11
1 Takeei Corp 9 0.01 – Tokyo Rakutenchi Co Ltd 17 0.02
4 Takeuchi Manufacturing Co Ltd 79 0.09 1 Tokyo Rope Manufacturing Co Ltd 14 0.02
1 Takihyo Co Ltd 17 0.02 4 Tokyo Sangyo Co Ltd 24 0.03
1 Takisawa Machine Tool Co Ltd 7 0.01 4 Tokyo Seimitsu Co Ltd 117 0.14
6 Takuma Co Ltd 85 0.10 8 Tokyo Steel Manufacturing Co Ltd 68 0.08
2 Tama Home Co Ltd 22 0.03 1 Tokyo Tekko Co Ltd 10 0.01
1 Tamron Co Ltd 21 0.02 1 Tokyo Theatres Co Inc 12 0.01
6 Tamura Corp 35 0.04 1 Tokyotokeiba Co Ltd 33 0.04
2 Tanseisha Co Ltd 27 0.03 7 Tokyu Construction Co Ltd 70 0.08
3 Tateru Inc 11 0.01 – Tokyu Recreation Co Ltd 3 –
3 Tatsuta Electric Wire and Cable Co Ltd 15 0.02 7 Toli Corp 19 0.02
1 Tayca Corp 20 0.02 1 Tomato Bank Ltd 16 0.02
1 Tazmo Co Ltd 5 0.01 5 Tomoe Corp 21 0.02
2 TBK Co Ltd 9 0.01 1 Tomoe Engineering Co Ltd 13 0.01
3 TDC Soft Inc 24 0.03 1 Tomoegawa Co Ltd 12 0.01
2 TechMatrix Corp 40 0.05 2 Tomoku Co Ltd 27 0.03
2 Techno Associe Co Ltd 20 0.02 10 TOMONY Holdings Inc 44 0.05
4 Techno Ryowa Ltd 28 0.03 18 Tomy Co Ltd 222 0.26
2 TechnoPro Holdings Inc 95 0.11 1 Tonami Holdings Co Ltd 29 0.03
1 Tecnos Japan Inc 9 0.01 10 Topcon Corp 153 0.18
3 Teikoku Electric Manufacturing Co Ltd 51 0.06 9 Toppan Forms Co Ltd 86 0.10
1 Teikoku Sen-I Co Ltd 30 0.04 3 Topre Corp 59 0.07
1 Teikoku Tsushin Kogyo Co Ltd 11 0.01 1 Topy Industries Ltd 35 0.04
1 Tekken Corp 16 0.02 2 Toridoll Holdings Corp 33 0.04
1 Tenma Corp 15 0.02 2 Torii Pharmaceutical Co Ltd 39 0.05
1 Tenpos Holdings Co Ltd 11 0.01 1 Torikizoku Co Ltd 10 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 297
Pacific Basin Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 56.61% (continued) Japan - 56.61% (continued)
1 Torishima Pump Manufacturing Co Ltd 10 0.01 3 Valor Holdings Co Ltd 88 0.10
3 Tosei Corp 25 0.03 1 Valqua Ltd 29 0.03
2 Toshiba Machine Co Ltd 35 0.04 1 Value Commerce Co Ltd 18 0.02
4 Toshiba Plant Systems & Services Corp 83 0.10 3 Vector Inc 54 0.06
2 Toshiba TEC Corp 65 0.08 4 VIA Holdings Inc 28 0.03
1 Tosho Co Ltd 45 0.05 1 Vision Inc 29 0.03
2 Tosho Printing Co Ltd 18 0.02 5 Vital KSK Holdings Inc 49 0.06
1 Totetsu Kogyo Co Ltd 44 0.05 1 Vitec Holdings Co Ltd 24 0.03
1 Tottori Bank Ltd 14 0.02 17 VT Holdings Co Ltd 70 0.08
2 Tow Co Ltd 13 0.02 3 Wacoal Holdings Corp 96 0.11
3 Towa Bank Ltd 21 0.02 10 Wacom Co Ltd 51 0.06
2 Towa Corp 11 0.01 1 Wakachiku Construction Co Ltd 17 0.02
1 Towa Pharmaceutical Co Ltd 74 0.09 1 Wakamoto Pharmaceutical Co Ltd 2 –
5 Toyo Construction Co Ltd 19 0.02 2 Wakita & Co Ltd 27 0.03
2 Toyo Corp 17 0.02 1 Warabeya Nichiyo Holdings Co Ltd 21 0.02
1 Toyo Denki Seizo KK 11 0.01 – Watahan & Co Ltd 7 0.01
3 Toyo Engineering Corp 20 0.02 1 Watami Co Ltd 15 0.02
3 Toyo Ink SC Holdings Co Ltd 79 0.09 1 WDB Holdings Co Ltd 20 0.02
1 Toyo Kanetsu KK 32 0.04 1 Weathernews Inc 17 0.02
10 Toyo Securities Co Ltd 18 0.02 3 West Holdings Corp 31 0.04
1 Toyo Tanso Co Ltd 22 0.03 1 Will Group Inc 10 0.01
5 Toyo Tire & Rubber Co Ltd 82 0.10 1 WIN-Partners Co Ltd 9 0.01
1 Toyo Wharf & Warehouse Co Ltd 14 0.02 1 WirelessGate Inc 2 –
7 Toyobo Co Ltd 104 0.12 1 Wood One Co Ltd 12 0.01
2 TPR Co Ltd 38 0.04 1 World Holdings Co Ltd 15 0.02
– Trancom Co Ltd 23 0.03 1 Wowow Inc 15 0.02
1 Tri Chemical Laboratories Inc 32 0.04 2 Xebio Holdings Co Ltd 23 0.03
5 Trusco Nakayama Corp 134 0.16 3 YA-MAN Ltd 50 0.06
1 Trust Tech Inc 32 0.04 1 Yahagi Construction Co Ltd 10 0.01
5 TSI Holdings Co Ltd 32 0.04 1 Yakuodo Co Ltd 18 0.02
3 Tsubaki Nakashima Co Ltd 53 0.06 2 Yamabiko Corp 22 0.03
2 Tsubakimoto Chain Co 82 0.10 – Yamada Consulting Group Co Ltd 8 0.01
1 Tsubakimoto Kogyo Co Ltd 30 0.04 2 Yamagata Bank Ltd 46 0.05
1 Tsudakoma Corp 20 0.02 2 Yamaichi Electronics Co Ltd 23 0.03
5 Tsugami Corp 38 0.04 2 Yamanashi Chuo Bank Ltd 35 0.04
2 Tsukishima Kikai Co Ltd 23 0.03 1 Yamatane Corp 9 0.01
4 Tsukuba Bank Ltd 9 0.01 2 Yamato Corp 11 0.01
4 Tsukui Corp 34 0.04 3 Yamato Kogyo Co Ltd 92 0.11
2 Tsurumi Manufacturing Co Ltd 28 0.03 5 Yamazen Corp 57 0.07
1 Tsutsumi Jewelry Co Ltd 10 0.01 – Yaoko Co Ltd 12 0.01
1 TV Asahi Holdings Corp 30 0.04 1 Yashima Denki Co Ltd 11 0.01
1 TV Tokyo Holdings Corp 32 0.04 2 Yasuda Logistics Corp 17 0.02
2 UACJ Corp 48 0.06 1 Yasunaga Corp 14 0.02
1 UKC Holdings Corp 28 0.03 2 Yellow Hat Ltd 53 0.06
2 Ulvac Inc 74 0.09 2 Yodogawa Steel Works Ltd 34 0.04
1 Umenohana Co Ltd 14 0.02 2 Yokogawa Bridge Holdings Corp 38 0.04
1 Uniden Holdings Corp 22 0.03 3 Yokohama Reito Co Ltd 27 0.03
1 Union Tool Co 19 0.02 2 Yokowo Co Ltd 29 0.03
4 Unipres Corp 68 0.08 1 Yomeishu Seizo Co Ltd 21 0.02
3 United Arrows Ltd 105 0.12 1 Yomiuri Land Co Ltd 19 0.02
1 UNITED Inc 28 0.03 1 Yondenko Corp 19 0.02
4 United Super Markets Holdings Inc 49 0.06 1 Yondoshi Holdings Inc 28 0.03
4 Unitika Ltd 19 0.02 1 Yorozu Corp 18 0.02
3 Unizo Holdings Co Ltd 57 0.07 5 Yoshinoya Holdings Co Ltd 84 0.10
1 Usen-Next Holdings Co Ltd 13 0.02 2 Yuasa Trading Co Ltd 54 0.06
9 Ushio Inc 101 0.12 2 Yume No Machi Souzou Iinkai Co Ltd 44 0.05
1 UT Group Co Ltd 35 0.04 4 Yumeshin Holdings Co Ltd 30 0.04
1 Uzabase Inc 12 0.01 4 Yurtec Corp 33 0.04
1 V Technology Co Ltd 71 0.08 3 Zenrin Co Ltd 78 0.09
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 298
Pacific Basin Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Japan - 56.61% (continued) Korea, Republic of - 6.61% (continued)
4 ZIGExN Co Ltd 22 0.03 1 Dae Won Kang Up Co Ltd 3 –
3 Zojirushi Corp 36 0.04 4 Daeduck Electronics Co 36 0.04
1 Zuiko Corp 13 0.02 1 Daeduck GDS Co Ltd 15 0.02
1 Zuken Inc 19 0.02 1 Daegu Department Store 4 –
48,504 56.61 1 Daejoo Electronic Materials Co Ltd 19 0.02
Korea, Republic of - 6.61% 1 Daekyo Co Ltd 9 0.01
1 Able C&C Co Ltd 7 0.01 1 Daesang Corp 26 0.03
2 Aekyung Petrochemical Co Ltd 11 0.01 – Daesang Holdings Co Ltd 2 –
1 AfreecaTV Co Ltd 18 0.02 – Daewon Pharmaceutical Co Ltd 7 0.01
1 Agabang&Company 3 – 2 Daewoong Co Ltd 31 0.04
– Ahnlab Inc 9 0.01 – Daihan Pharmaceutical Co Ltd 9 0.01
1 AJ Rent A Car Co Ltd 7 0.01 1 Daishin Securities Co Ltd 13 0.01
– AK Holdings Inc 21 0.02 3 Danal Co Ltd 9 0.01
2 ALUKO Co Ltd 6 0.01 1 Daou Data Corp 9 0.01
1 Amotech Co Ltd 15 0.02 3 Daou Technology Inc 54 0.06
6 Anam Electronics Co Ltd 13 0.02 1 Dawonsys Co Ltd 12 0.01
3 Ananti Inc 30 0.04 2 DB HiTek Co Ltd 18 0.02
2 Aprogen KIC Inc 14 0.02 1 DIO Corp 29 0.03
– Asia Cement Co Ltd 8 0.01 1 Dong A Eltek Co Ltd 8 0.01
– ASIA Holdings Co Ltd 3 – – Dong Ah Tire & Rubber Co Ltd 3 –
11 Asiana Airlines Inc 44 0.05 – Dong-A Socio Holdings Co Ltd 12 0.01
1 AUK Corp 2 – – Dong-A ST Co Ltd 18 0.02
1 BGF Co Ltd 11 0.01 4 Dongjin Semichem Co Ltd 29 0.03
2 BH Co Ltd 26 0.03 – DongKook Pharmaceutical Co Ltd 12 0.01
2 Binex Co Ltd 21 0.02 5 Dongkuk Steel Mill Co Ltd 32 0.04
– Binggrae Co Ltd 30 0.04 2 Dongwha Pharm Co Ltd 17 0.02
1 Biotoxtech Co Ltd 9 0.01 3 Dongwon Development Co Ltd 12 0.01
1 Boditech Med Inc 8 0.01 – Dongwon F&B Co Ltd 13 0.02
– Bookook Securities Co Ltd 4 – – Dongwon Industries Co Ltd 10 0.01
2 Boryung Pharmaceutical Co Ltd 17 0.02 – Dongwon Systems Corp 12 0.01
4 Bosung Power Technology Co Ltd 10 0.01 1 DoubleUGames Co Ltd 33 0.04
1 Bukwang Pharmaceutical Co Ltd 32 0.04 – DTR Automotive Corp 5 0.01
4 Byucksan Corp 8 0.01 1 Duk San Neolux Co Ltd 6 0.01
2 Capro Corp 8 0.01 – Duksan Hi-Metal Co Ltd 2 –
– Caregen Co Ltd 11 0.01 – e Tec E&C Ltd 7 0.01
– Cell Biotech Co Ltd 6 0.01 – E1 Corp 17 0.02
– Chong Kun Dang Pharmaceutical Corp 38 0.04 4 Easy Bio Inc 22 0.03
– Chongkundang Holdings Corp 7 0.01 1 Ecopro Co Ltd 20 0.02
1 CJ CGV Co Ltd 32 0.04 52 Ehwa Technologies Information Co Ltd 12 0.01
– CJ ENM Co Ltd 11 0.01 1 EM-Tech Co Ltd 21 0.02
– CJ Freshway Corp 5 0.01 2 Enex Co Ltd 2 –
1 CJ Hello Co Ltd 7 0.01 1 ENF Technology Co Ltd 12 0.01
5 CMG Pharmaceutical Co Ltd 19 0.02 – Eo Technics Co Ltd 14 0.02
3 Coreana Cosmetics Co Ltd 13 0.02 5 Eugene Corp 28 0.03
– Cosmax BTI Inc 4 – 1 Eugene Technology Co Ltd 9 0.01
– Cosmax Inc 46 0.05 1 Eusu Holdings Co Ltd 4 –
1 CosmoAM&T Co Ltd 15 0.02 1 F&F Co Ltd 30 0.04
– Cosmochemical Co Ltd 5 0.01 2 Farmsco 12 0.01
1 COSON Co Ltd 6 0.01 2 Foosung Co Ltd 15 0.02
– Crown Confectionery Co Ltd – – 1 Fursys Inc 19 0.02
1 CROWNHAITAI Holdings Co Ltd 6 0.01 2 G-SMATT GLOBAL Co Ltd 5 0.01
3 CrucialTec Co Ltd 3 – 1 Gamevil Inc 26 0.03
1 CS Wind Corp 13 0.02 – Golfzon Co Ltd 4 –
– Cuckoo Holdings Co Ltd 10 0.01 1 Golfzon Newdin Holdings Co Ltd 2 –
– Cuckoo Homesys Co Ltd 16 0.02 – Green Cross Cell Corp 22 0.03
3 Curexo Inc 13 0.02 1 Green Cross Holdings Corp 12 0.01
7 CUROCOM Co Ltd 9 0.01 – GS Home Shopping Inc 36 0.04
– Dae Han Flour Mills Co Ltd 17 0.02 – Gwangju Shinsegae Co Ltd 5 0.01
1 Dae Hwa Pharmaceutical Co Ltd 20 0.02 – Halla Holdings Corp 17 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 299
Pacific Basin Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Korea, Republic of - 6.61% (continued) Korea, Republic of - 6.61% (continued)
1 Han Kuk Carbon Co Ltd 6 0.01 1 InBody Co Ltd 25 0.03
1 Hana Tour Service Inc 31 0.04 – Innocean Worldwide Inc 28 0.03
1 Hancom Inc 7 0.01 – Innox Advanced Materials Co Ltd 14 0.02
– Handok Inc 11 0.01 2 Inscobee Inc 13 0.02
1 Handsome Co Ltd 50 0.06 1 Insun ENT Co Ltd 8 0.01
– Hanil Cement Co Ltd 7 0.01 1 Interflex Co Ltd 8 0.01
– Hanil Holdings Co Ltd 3 – – Interojo Co Ltd 5 0.01
– Hanil Hyundai Cement Co Ltd 12 0.01 2 Interpark Holdings Corp 3 –
4 Hanjin Heavy Industries & Construction Co Ltd 6 0.01 1 IS Dongseo Co Ltd 28 0.03
1 Hanjin Heavy Industries & Construction Holdings – ISC Co Ltd 3 –
Co Ltd 2 –
1 ISU Chemical Co Ltd 5 0.01
1 Hanjin Kal Corp 17 0.02
– It's Hanbul Co Ltd 8 0.01
– Hanjin Transportation Co Ltd 19 0.02
1 Jahwa Electronics Co Ltd 7 0.01
– Hankook Shell Oil Co Ltd 10 0.01
1 JASTECH Ltd 6 0.01
1 Hanmi Semiconductor Co Ltd 7 0.01
1 Jayjun Cosmetic Co Ltd 14 0.02
1 Hans Biomed Corp 16 0.02
8 JB Financial Group Co Ltd 43 0.05
1 Hansae Co Ltd 14 0.02
– Jeju Air Co Ltd 16 0.02
– Hansae Yes24 Holdings Co Ltd 3 –
2 Jusung Engineering Co Ltd 13 0.02
– Hansol Chemical Co Ltd 33 0.04
– JVM Co Ltd 7 0.01
3 Hansol Holdings Co Ltd 14 0.02
3 JW Holdings Corp 21 0.02
1 Hansol Paper Co Ltd 13 0.02
1 JW Life Science Corp 21 0.02
1 Hansol Technics Co Ltd 4 –
1 JW Pharmaceutical Corp 27 0.03
– Hanwha Galleria Timeworld Co Ltd 3 –
2 JYP Entertainment Corp 49 0.06
3 Hanwha General Insurance Co Ltd 15 0.02
1 KC Co Ltd 8 0.01
3 Hanwha Investment & Securities Co Ltd 6 0.01
1 KC Tech Co Ltd 10 0.01
1 Hanyang Eng Co Ltd 14 0.02
1 KEPCO Engineering & Construction Co Inc 23 0.03
6 HB Technology Co Ltd 14 0.02
4 KEYEAST Co Ltd 11 0.01
1 HDC Holdings Co Ltd 10 0.01
1 KG Chemical Corp 11 0.01
5 Heung-A Shipping Co Ltd 2 –
1 Kginicis Co Ltd 10 0.01
4 Heungkuk Fire & Marine Insurance Co Ltd 17 0.02
1 KH Vatec Co Ltd 7 0.01
2 Hite Jinro Co Ltd 30 0.04
2 KISCO Corp 10 0.01
3 Homecast Co Ltd 14 0.02
1 KISWIRE Ltd 15 0.02
1 HS Industries Co Ltd 7 0.01
1 Koh Young Technology Inc 39 0.05
1 HSD Engine Co Ltd 3 –
– Kolmar BNH Co Ltd 8 0.01
1 Huchems Fine Chemical Corp 22 0.03
1 Kolmar Korea Holdings Co Ltd 23 0.03
1 Humax Co Ltd 4 –
– Kolon Corp 8 0.01
1 Humedix Co Ltd 13 0.02
– Kolon Life Science Inc 33 0.04
– Huons Co Ltd 13 0.02
1 KONA I Co Ltd 5 0.01
– Huons Global Co Ltd 17 0.02
– Korea Autoglass Corp 4 –
1 Hwa Shin Co Ltd 2 –
1 Korea Circuit Co Ltd 3 –
1 Hy-Lok Corp 17 0.02
– Korea District Heating Corp 13 0.01
– Hyundai BNG Steel Co Ltd 4 –
– Korea Electric Terminal Co Ltd 15 0.02
1 Hyundai Construction Equipment Co Ltd 22 0.03
2 Korea Information & Communications Co Ltd 12 0.01
– Hyundai Corp 5 0.01
1 Korea Line Corp 19 0.02
– Hyundai Corp Holdings Inc 2 –
– Korea Petrochemical Ind Co Ltd 20 0.02
2 Hyundai Greenfood Co Ltd 29 0.03
13 Korea Real Estate Investment & Trust Co Ltd 30 0.04
1 Hyundai Home Shopping Network Corp 44 0.05
– Korea United Pharm Inc 8 0.01
2 Hyundai Hy Communications & Network Co Ltd 9 0.01
4 Korean Reinsurance Co 28 0.03
1 Hyundai Livart Furniture Co Ltd 22 0.03
1 KT Skylife Co Ltd 12 0.01
2 Hyundai Motor Securities Co Ltd 14 0.02
2 KTB Investment & Securities Co Ltd 6 0.01
1 Hyundai Wia Corp 32 0.04
– Kukdo Chemical Co Ltd 4 –
1 HyVision System Inc 11 0.01
1 Kumho Industrial Co Ltd 15 0.02
– i-SENS Inc 6 0.01
5 Kumho Tire Co Inc 21 0.02
– Il Dong Pharmaceutical Co Ltd 7 0.01
2 Kwang Dong Pharmaceutical Co Ltd 12 0.01
– IlDong Holdings Co Ltd 1 –
1 Kyeryong Construction Industrial Co Ltd 14 0.02
2 Iljin Holdings Co Ltd 4 –
2 Kyobo Securities Co Ltd 17 0.02
– Ilshin Spinning Co Ltd 10 0.01
– Kyung Dong Navien Co Ltd 14 0.02
– Ilyang Pharmaceutical Co Ltd 12 0.01
2 Kyungdong Pharm Co Ltd 24 0.03
1 iMarketKorea Inc 5 0.01
1 L&F Co Ltd 41 0.05
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 300
Pacific Basin Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Korea, Republic of - 6.61% (continued) Korea, Republic of - 6.61% (continued)
1 Leaders Cosmetics Co Ltd 5 0.01 – Sam Kwang Glass Co Ltd 4 –
– LEENO Industrial Inc 18 0.02 1 Sam Yung Trading Co Ltd 7 0.01
1 LF Corp 15 0.02 – Samchully Co Ltd 8 0.01
– LG Hausys Ltd 15 0.02 2 Samick Musical Instruments Co Ltd 3 –
2 LG International Corp 33 0.04 1 Samick THK Co Ltd 9 0.01
1 LIG Nex1 Co Ltd 33 0.04 1 Samjin Pharmaceutical Co Ltd 19 0.02
1 Lock&Lock Co Ltd 25 0.03 3 SAMT Co Ltd 5 0.01
– Lotte Chilsung Beverage Co Ltd 20 0.02 1 Samwha Capacitor Co Ltd 32 0.04
– Lotte Food Co Ltd 24 0.03 – Samyang Corp 16 0.02
2 Lumens Co Ltd 5 0.01 – Samyang Foods Co Ltd 15 0.02
1 Lutronic Corp 7 0.01 – Samyang Holdings Corp 12 0.01
1 LVMC Holdings 2 – 3 Sangsangin Co Ltd 49 0.06
– Macrogen Inc 12 0.01 14 SBW 12 0.01
– Maeil Dairies Co Ltd 11 0.01 1 Seah Besteel Corp 12 0.01
– Maeil Holdings Co Ltd 1 – – SeAH Steel Corp 4 –
4 Magicmicro Co Ltd 15 0.02 – SeAH Steel Holdings Corp 4 –
3 ME2ON Co Ltd 15 0.02 1 Sebang Co Ltd 8 0.01
1 MegaStudy Co Ltd 5 0.01 1 Sebang Global Battery Co Ltd 17 0.02
– MegaStudyEdu Co Ltd 13 0.01 1 Seegene Inc 12 0.01
1 Melfas Inc 1 – 1 Sejong Industrial Co Ltd 3 –
1 Minwise Co Ltd 15 0.02 36 Sejong Telecom Inc 18 0.02
2 Mirae Asset Life Insurance Co Ltd 8 0.01 1 Sekonix Co Ltd 3 –
1 Modetour Network Inc 23 0.03 1 Seobu T&D 8 0.01
– Motonic Corp – – 14 Seohee Construction Co Ltd 15 0.02
1 Muhak Co Ltd 6 0.01 2 Seoul Semiconductor Co Ltd 47 0.05
2 Namhae Chemical Corp 21 0.02 1 Seoyon Co Ltd 2 –
– Namyang Dairy Products Co Ltd 13 0.02 1 Seoyon E-Hwa Co Ltd 2 –
– Nasmedia Co Ltd 12 0.01 4 Sewon Cellontech Co Ltd 15 0.02
– NeoPharm Co Ltd 5 0.01 – Sewon Precision Industry Co Ltd 1 –
2 Neowiz 19 0.02 3 SFA Semicon Co Ltd 4 –
2 NEPES Corp 20 0.02 4 Shin Poong Pharmaceutical Co Ltd 24 0.03
2 Nexen Tire Corp 12 0.01 – Shinsegae Food Co Ltd 10 0.01
1 Nexturn Co Ltd 6 0.01 – Shinsegae Information & Communication Co Ltd 8 0.01
1 NHN Entertainment Corp 29 0.03 – Shinsegae International Inc 24 0.03
– NHN KCP Corp 5 0.01 7 Shinsung E&G Energy Co Ltd 6 0.01
1 NICE Holdings Co Ltd 17 0.02 – Shinyoung Securities Co Ltd 13 0.02
1 Nice Information & Telecommunication Inc 9 0.01 1 Showbox Corp 3 –
2 NICE Information Service Co Ltd 23 0.03 1 Silicon Works Co Ltd 22 0.03
2 NICE Total Cash Management Co Ltd 19 0.02 – Silla Co Ltd 3 –
– Nong Shim Holdings Co Ltd 8 0.01 3 Simmtech Holdings Co Ltd 5 0.01
1 NS Shopping Co Ltd 14 0.02 – Sindoh Co Ltd 10 0.01
1 NUTRIBIOTECH Co Ltd 7 0.01 – SK Bioland Co Ltd 7 0.01
1 OPTRON-TEC Inc 4 – 1 SK D&D Co Ltd 14 0.02
1 Orion Holdings Corp 15 0.02 1 SK Discovery Co Ltd 18 0.02
1 Osstem Implant Co Ltd 32 0.04 – SK Gas Ltd 30 0.04
2 Partron Co Ltd 14 0.02 10 SK Networks Co Ltd 42 0.05
– Pharma Research Products Co Ltd 12 0.01 18 SK Securities Co Ltd 11 0.01
3 Posco ICT Co Ltd 13 0.02 1 SKC Co Ltd 37 0.04
2 Posco M-Tech Co Ltd 8 0.01 1 SKCKOLONPI Inc 43 0.05
4 Power Logics Co Ltd 21 0.02 1 SL Corp 14 0.02
1 PSK Inc 13 0.02 1 SM Entertainment Co Ltd 57 0.07
– Pulmuone Co Ltd 7 0.01 1 Songwon Industrial Co Ltd 14 0.02
1 Pyeong Hwa Automotive Co Ltd 4 – – Soulbrain Co Ltd 19 0.02
1 RFHIC Corp 22 0.03 – SPC Samlip Co Ltd 16 0.02
1 S&T Dynamics Co Ltd 8 0.01 2 Ssangyong Motor Co 6 0.01
1 S&T Motiv Co Ltd 20 0.02 – Suheung Co Ltd 9 0.01
13 S-MAC Co Ltd 13 0.02 – SundayToz Corp 8 0.01
– Sajo Industries Co Ltd 14 0.02 1 Sung Kwang Bend Co Ltd 9 0.01
1 Sam Chun Dang Pharm Co Ltd 49 0.06 2 Sungshin Cement Co Ltd 16 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 301
Pacific Basin Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Korea, Republic of - 6.61% (continued) New Zealand - 1.92% (continued)
4 Sungwoo Hitech Co Ltd 11 0.01 38 Chorus Ltd 126 0.15
1 Sunjin Co Ltd 7 0.01 8 Ebos Group Ltd 112 0.13
– Suprema HQ Inc 2 – 12 Freightways Ltd 58 0.07
– Suprema Inc 7 0.01 42 Genesis Energy Ltd 75 0.09
7 Synopex Inc 17 0.02 3 Gentrack Group Ltd 11 0.01
1 Systems Technology Inc 11 0.01 4 Hallenstein Glasson Holdings Ltd 16 0.02
4 T'way Holdings Inc 10 0.01 32 Heartland Group Holdings Ltd 33 0.04
1 Taewoong Co Ltd 6 0.01 49 Infratil Ltd 122 0.14
3 Taeyoung Engineering & Construction Co Ltd 28 0.03 10 Kathmandu Holdings Ltd 18 0.02
16 Taihan Electric Wire Co Ltd 15 0.02 7 Mainfreight Ltd 150 0.18
5 Taihan Fiberoptics Co Ltd 23 0.03 16 Metlifecare Ltd 61 0.07
1 TBH Global Co Ltd 2 – 10 Metro Performance Glass Ltd 4 –
1 TechWing Inc 7 0.01 21 New Zealand Refining Co Ltd 34 0.04
2 Tellus Co Ltd 2 – 14 NZME Ltd 5 0.01
1 TES Co Ltd 7 0.01 22 NZX Ltd 16 0.02
1 Theragen Etex Co Ltd 15 0.02 5 Pacific Edge Ltd 1 –
2 TK Corp 19 0.02 19 PGG Wrightson Ltd 7 0.01
1 Tokai Carbon Korea Co Ltd 21 0.02 16 Pike River Coal Ltd – –
3 Tong Yang Moolsan Co Ltd 4 – 8 Pushpay Holdings Ltd 17 0.02
16 Tongyang Inc 29 0.03 17 Restaurant Brands New Zealand Ltd 98 0.11
4 Tongyang Life Insurance Co Ltd 22 0.03 6 Sanford Ltd 28 0.03
1 Toptec Co Ltd 6 0.01 9 Scales Corp Ltd 27 0.03
1 Tovis Co Ltd 4 – 13 Skellerup Holdings Ltd 19 0.02
– Uju Electronics Co Ltd 2 – 38 SKY Network Television Ltd 61 0.07
– Unid Co Ltd 19 0.02 56 SKYCITY Entertainment Group Ltd 138 0.16
3 Union Semiconductor Equipment & Materials Co 15 Steel & Tube Holdings Ltd 12 0.02
Ltd 9 0.01
16 Summerset Group Holdings Ltd 72 0.08
5 Unison Co Ltd 8 0.01
7 Synlait Milk Ltd 45 0.05
2 UniTest Inc 22 0.03
8 Tourism Holdings Ltd 27 0.03
– Value Added Technologies Co Ltd 6 0.01
13 Tower Ltd 7 0.01
1 Viatron Technologies Inc 7 0.01
27 Trade Me Group Ltd 115 0.13
– Vieworks Co Ltd 11 0.01
3 Trustpower Ltd 13 0.02
1 Webzen Inc 11 0.01
7 Vista Group International Ltd 18 0.02
– WeMade Entertainment Co Ltd 7 0.01
10 Warehouse Group Ltd 14 0.02
1 Whanin Pharmaceutical Co Ltd 17 0.02
13 Z Energy Ltd 53 0.06
1 WiSoL Co Ltd 10 0.01
1,644 1.92
4 Wonik Holdings Co Ltd 14 0.02
Singapore - 2.81%
2 Wonik IPS Co Ltd 32 0.04
– Wonik Materials Co Ltd 8 0.01 79 Accordia Golf Trust 31 0.04
1 Wonik QnC Corp 14 0.02 19 AEM Holdings Ltd 13 0.02
1 Wonik Tera Semicon Co Ltd 11 0.01 42 Amara Holdings Ltd 14 0.02
3 Woongjin Co Ltd 6 0.01 83 Ascendas India Trust 63 0.07
2 Woongjin Thinkbig Co Ltd 7 0.01 35 Banyan Tree Holdings Ltd 13 0.02
30 Woori Investment Bank Co Ltd 21 0.02 32 Best World International Ltd 56 0.07
10 Woori Technology Inc 11 0.01 19 Bonvests Holdings Ltd 17 0.02
2 Y G-1 Co Ltd 20 0.02 4 Boustead Projects Ltd 2 –
1 YeaRimDang Publishing Co Ltd 4 – 12 Boustead Singapore Ltd 7 0.01
1 YG Entertainment Inc 27 0.03 22 Breadtalk Group Ltd 14 0.02
2 Yong Pyong Resort Co Ltd 9 0.01 17 Bukit Sembawang Estates Ltd 70 0.08
– Young Poong Corp 17 0.02 30 Bund Center Investment Ltd 13 0.02
– Youngone Holdings Co Ltd 21 0.02 25 China Aviation Oil Singapore Corp Ltd 23 0.03
6 Yuanta Securities Korea Co Ltd 18 0.02 19 China Sunsine Chemical Holdings Ltd 18 0.02
3 Yungjin Pharmaceutical Co Ltd 19 0.02 38 Chip Eng Seng Corp Ltd 21 0.02
74 Chuan Hup Holdings Ltd 16 0.02
5,663 6.61
130 CITIC Envirotech Ltd 41 0.05
New Zealand - 1.92%
152 COSCO Shipping International Singapore Co Ltd 41 0.05
1 Abano Healthcare Group Ltd 4 –
5 Creative Technology Ltd 23 0.03
15 Arvida Group Ltd 13 0.02
38 CSE Global Ltd 12 0.01
3 Briscoe Group Ltd 8 0.01
61 Del Monte Pacific Ltd 7 0.01
7 CBL Corp Ltd 6 0.01
17 Delfi Ltd 16 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 302
Pacific Basin Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Singapore - 2.81% (continued) Singapore - 2.81% (continued)
1 Delong Holdings Ltd 5 0.01 52 Sing Holdings Ltd 15 0.02
25 DMX Technologies Group Ltd – – 138 Singapore Post Ltd 100 0.12
10 Elec & Eltek International Co Ltd 14 0.02 31 Sino Grandness Food Industry Group Ltd 3 –
240 Ezion Holdings Ltd 11 0.01 54 Stamford Land Corp Ltd 19 0.02
154 Ezra Holdings Ltd 1 – 64 StarHub Ltd 89 0.10
20 Far East Orchard Ltd 18 0.02 11 Sunningdale Tech Ltd 11 0.01
45 First Resources Ltd 53 0.06 26 Tuan Sing Holdings Ltd 7 0.01
17 First Sponsor Group Ltd 16 0.02 39 UMS Holdings Ltd 18 0.02
65 Food Empire Holdings Ltd 25 0.03 30 United Engineers Ltd 57 0.07
140 Fragrance Group Ltd 14 0.02 5 United Overseas Insurance Ltd 25 0.03
17 GK Goh Holdings Ltd 11 0.01 35 UOB-Kay Hian Holdings Ltd 30 0.04
27 GL Ltd 14 0.02 60 Valuetronics Holdings Ltd 29 0.03
464 Golden Agri-Resources Ltd 83 0.10 24 Vibrant Group Ltd 3 –
20 GuocoLand Ltd 25 0.03 30 Wheelock Properties Singapore Ltd 46 0.05
29 Halcyon Agri Corp Ltd 8 0.01 32 Wing Tai Holdings Ltd 45 0.05
97 Hanwell Holdings Ltd 14 0.02 23 Yongnam Holdings Ltd 3 –
12 Haw Par Corp Ltd 112 0.13 2,408 2.81
21 Health Management International Ltd 8 0.01 Taiwan - 7.86%
15 Hi-P International Ltd 12 0.01 8 A-DATA Technology Co Ltd 11 0.01
26 Hiap Hoe Ltd 16 0.02 52 AcBel Polytech Inc 32 0.04
24 Ho Bee Land Ltd 43 0.05 4 ACES Electronic Co Ltd 3 –
19 Hong Fok Corp Ltd 9 0.01 2 Acter Co Ltd 13 0.02
17 Hong Leong Asia Ltd 7 0.01 3 Actron Technology Corp 9 0.01
23 Hong Leong Finance Ltd 43 0.05 3 Adlink Technology Inc 3 –
31 Hotel Grand Central Ltd 30 0.03 2 Advanced Ceramic X Corp 15 0.02
24 Hour Glass Ltd 11 0.01 6 Advanced International Multitech Co Ltd 7 0.01
274 Hutchison Port Holdings Trust 72 0.08 4 Advanced Wireless Semiconductor Co 5 0.01
34 Hyflux Ltd – – 26 Aerospace Industrial Development Corp 26 0.03
27 Indofood Agri Resources Ltd 4 – 15 ALI Corp 6 0.01
6 Isetan Singapore Ltd 15 0.02 15 Alpha Networks Inc 8 0.01
67 Japfa Ltd 35 0.04 23 Altek Corp 20 0.02
90 Jurong Technologies Industrial Corp Ltd – – 12 Ambassador Hotel 10 0.01
16 k1 Ventures Ltd – – 72 AmTRAN Technology Co Ltd 29 0.03
234 Keppel Infrastructure Trust 79 0.09 11 Arcadyan Technology Corp 24 0.03
14 Keppel Telecommunications & Transportation Ltd 19 0.02 23 Ardentec Corp 22 0.03
41 Lian Beng Group Ltd 14 0.02 20 Asia Optical Co Inc 44 0.05
32 Low Keng Huat Singapore Ltd 12 0.01 76 Asia Pacific Telecom Co Ltd 19 0.02
28 M1 Ltd 43 0.05 21 Asia Polymer Corp 9 0.01
28 Mandarin Oriental International Ltd 56 0.07 21 Asia Vital Components Co Ltd 16 0.02
38 Metro Holdings Ltd 30 0.04 2 ASMedia Technology Inc 32 0.04
63 Mewah International Inc 12 0.01 1 ASPEED Technology Inc 19 0.02
77 Midas Holdings Ltd 4 – 2 ASROCK Inc 3 –
83 mm2 Asia Ltd 22 0.03 7 Aten International Co Ltd 19 0.02
14 NSL Ltd 12 0.01 9 Audix Corp 10 0.01
19 OUE Ltd 21 0.02 8 Aurora Corp 24 0.03
70 Oxley Holdings Ltd 15 0.02 51 Bank of Kaohsiung Co Ltd 16 0.02
16 Pan-United Corp Ltd 3 – 8 Basso Industry Corp 13 0.01
20 Perennial Real Estate Holdings Ltd 10 0.01 81 BES Engineering Corp 21 0.02
35 Q&M Dental Group Singapore Ltd 13 0.01 2 Bioteque Corp 5 0.01
9 QAF Ltd 4 – 9 Bizlink Holding Inc 55 0.06
79 Raffles Education Corp Ltd 8 0.01 3 Bright Led Electronics Corp 1 –
61 Raffles Medical Group Ltd 53 0.06 178 Capital Securities Corp 55 0.06
46 RHT Health Trust 25 0.03 11 Casetek Holdings Ltd 15 0.02
30 Riverstone Holdings Ltd 27 0.03 49 Cathay Real Estate Development Co Ltd 32 0.04
17 SBS Transit Ltd 35 0.04 16 Center Laboratories Inc 39 0.05
51 Sheng Siong Group Ltd 40 0.05 15 ChainQui Construction Development Co Ltd 13 0.02
26 SIA Engineering Co Ltd 48 0.06 17 Channel Well Technology Co Ltd 13 0.02
76 SIIC Environment Holdings Ltd 15 0.02 14 Charoen Pokphand Enterprise 20 0.02
146 Sinarmas Land Ltd 28 0.03 5 Chaun-Choung Technology Corp 16 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 303
Pacific Basin Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Taiwan - 7.86% (continued) Taiwan - 7.86% (continued)
4 CHC Resources Corp 7 0.01 3 Ennoconn Corp 27 0.03
48 Cheng Loong Corp 34 0.04 35 EnTie Commercial Bank Co Ltd 15 0.02
38 Cheng Uei Precision Industry Co Ltd 30 0.04 47 Epistar Corp 42 0.05
37 Chia Hsin Cement Corp 17 0.02 44 Eternal Materials Co Ltd 34 0.04
12 Chicony Power Technology Co Ltd 17 0.02 23 Etron Technology Inc 7 0.01
5 Chieftek Precision Co Ltd 14 0.02 27 Everest Textile Co Ltd 11 0.01
5 Chien Kuo Construction Co Ltd 2 – 33 Evergreen International Storage & Transport Corp 14 0.02
5 Chilisin Electronics Corp 13 0.02 24 Everlight Chemical Industrial Corp 13 0.02
51 Chimei Materials Technology Corp 17 0.02 37 Everlight Electronics Co Ltd 37 0.04
30 Chin-Poon Industrial Co Ltd 38 0.04 53 Far Eastern Department Stores Ltd 28 0.03
59 China Bills Finance Corp 24 0.03 111 Far Eastern International Bank 37 0.04
2 China Ecotek Corp 2 – 24 Farglory Land Development Co Ltd 28 0.03
31 China Electric Manufacturing Corp 9 0.01 31 Federal Corp 12 0.01
25 China General Plastics Corp 18 0.02 19 Feng Hsin Steel Co Ltd 36 0.04
104 China Man-Made Fiber Corp 33 0.04 16 First Insurance Co Ltd 8 0.01
19 China Metal Products 19 0.02 32 First Steamship Co Ltd 11 0.01
21 China Motor Corp 16 0.02 14 FLEXium Interconnect Inc 36 0.04
148 China Petrochemical Development Corp 58 0.07 5 Flytech Technology Co Ltd 11 0.01
11 China Steel Chemical Corp 47 0.05 10 FocalTech Systems Co Ltd 8 0.01
27 Chipbond Technology Corp 53 0.06 7 Formosa Advanced Technologies Co Ltd 7 0.01
11 ChipMOS Technologies Inc 10 0.01 2 Formosa International Hotels Corp 10 0.01
3 Chlitina Holding Ltd 24 0.03 16 Formosan Rubber Group Inc 8 0.01
14 Chong Hong Construction Co Ltd 36 0.04 10 Formosan Union Chemical 5 0.01
73 Chung Hung Steel Corp 27 0.03 2 Foxsemicon Integrated Technology Inc 9 0.01
18 Chung-Hsin Electric & Machinery Manufacturing 23 Fulltech Fiber Glass Corp 12 0.01
Corp 12 0.01
16 Gemtek Technology Corp 12 0.01
1 Chunghwa Precision Test Tech Co Ltd 16 0.02
3 Genius Electronic Optical Co Ltd 22 0.03
6 Cleanaway Co Ltd 33 0.04
24 Getac Technology Corp 29 0.03
26 Clevo Co 26 0.03
8 Gigastorage Corp 2 –
75 CMC Magnetics Corp 17 0.02
3 Ginko International Co Ltd 22 0.03
15 Co-Tech Development Corp 15 0.02
15 Global Brands Manufacture Ltd 7 0.01
14 Compeq Manufacturing Co Ltd 9 0.01
4 Global Mixed Mode Technology Inc 8 0.01
30 Concord Securities Co Ltd 7 0.01
2 Global PMX Co Ltd 7 0.01
3 Concraft Holding Co Ltd 17 0.02
37 Gloria Material Technology Corp 19 0.02
3 Continental Holdings Corp 1 –
58 Goldsun Building Materials Co Ltd 15 0.02
4 Coremax Corp 12 0.01
47 Grand Pacific Petrochemical 34 0.04
30 Coretronic Corp 39 0.05
6 Grape King Bio Ltd 38 0.04
11 CSBC Corp Taiwan 10 0.01
12 Great China Metal Industry 9 0.01
25 CTCI Corp 37 0.04
29 Great Taipei Gas Co Ltd 27 0.03
5 Cyberlink Corp 11 0.01
33 Great Wall Enterprise Co Ltd 35 0.04
20 CyberTAN Technology Inc 10 0.01
15 Greatek Electronics Inc 20 0.02
30 D-Link Corp 11 0.01
30 Hannstar Board Corp 24 0.03
12 Darfon Electronics Corp 17 0.02
146 HannStar Display Corp 35 0.04
32 Darwin Precisions Corp 19 0.02
27 HannsTouch Solution Inc 7 0.01
16 De Licacy Industrial Co Ltd 10 0.01
6 Harvatek Corp 3 –
5 Depo Auto Parts Ind Co Ltd 11 0.01
15 Hey Song Corp 14 0.02
2 Dynacolor Inc 2 –
5 Hiroca Holdings Ltd 12 0.01
12 Dynamic Electronics Co Ltd 4 –
71 Ho Tung Chemical Corp 15 0.02
6 Dynapack International Technology Corp 8 0.01
2 Holiday Entertainment Co Ltd 4 –
38 E Ink Holdings Inc 39 0.05
9 Holtek Semiconductor Inc 17 0.02
6 E-LIFE MALL Corp 12 0.01
6 Holy Stone Enterprise Co Ltd 24 0.03
18 E-Ton Solar Tech Co Ltd 2 –
14 Hong Pu Real Estate Development Co Ltd 9 0.01
4 Egis Technology Inc 22 0.03
18 Horizon Securities Co Ltd 4 –
18 Elan Microelectronics Corp 41 0.05
12 Hota Industrial Manufacturing Co Ltd 51 0.06
8 Elite Advanced Laser Corp 17 0.02
15 Hsin Kuang Steel Co Ltd 16 0.02
13 Elite Material Co Ltd 31 0.04
4 Hu Lane Associate Inc 9 0.01
26 Elite Semiconductor Memory Technology Inc 27 0.03
12 HUA ENG Wire & Cable Co Ltd 4 –
18 Elitegroup Computer Systems Co Ltd 8 0.01
14 Huaku Development Co Ltd 29 0.03
5 eMemory Technology Inc 42 0.05
43 Hung Sheng Construction Ltd 36 0.04
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 304
Pacific Basin Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Taiwan - 7.86% (continued) Taiwan - 7.86% (continued)
1 Huxen Corp 1 – 24 Motech Industries Inc 7 0.01
15 I-Chiun Precision Industry Co Ltd 5 0.01 6 Namchow Holdings Co Ltd 9 0.01
8 I-Sheng Electric Wire & Cable Co Ltd 11 0.01 44 Nan Kang Rubber Tire Co Ltd 38 0.04
13 Ichia Technologies Inc 6 0.01 11 Nan Ya Printed Circuit Board Corp 11 0.01
7 IEI Integration Corp 7 0.01 18 Nantex Industry Co Ltd 17 0.02
6 Innodisk Corp 21 0.02 11 Nichidenbo Corp 20 0.02
6 Integrated Service Technology Inc 9 0.01 9 Nien Hsing Textile Co Ltd 7 0.01
53 International CSRC Investment Holdings Co 71 0.08 6 Nuvoton Technology Corp 9 0.01
4 International Games System Co Ltd 19 0.02 40 O-Bank Co Ltd 10 0.01
7 ITE Technology Inc 7 0.01 3 On-Bright Electronics Inc 19 0.02
17 ITEQ Corp 26 0.03 38 OptoTech Corp 23 0.03
5 Jess-Link Products Co Ltd 5 0.01 39 Orient Semiconductor Electronics Ltd 9 0.01
39 Jih Sun Financial Holdings Co Ltd 11 0.01 25 Oriental Union Chemical Corp 21 0.02
6 Johnson Health Tech Co Ltd 7 0.01 19 Pan Jit International Inc 20 0.02
5 Kaori Heat Treatment Co Ltd 6 0.01 13 Pan-International Industrial Corp 9 0.01
27 Kenda Rubber Industrial Co Ltd 27 0.03 3 Parade Technologies Ltd 45 0.05
6 Kerry TJ Logistics Co Ltd 7 0.01 2 PharmaEngine Inc 9 0.01
14 Kindom Construction Corp 9 0.01 1 Pharmally International Holding Co Ltd 6 0.01
3 King Slide Works Co Ltd 33 0.04 2 Pixart Imaging Inc 6 0.01
63 King Yuan Electronics Co Ltd 43 0.05 4 Posiflex Technology Inc 13 0.02
33 King's Town Bank Co Ltd 34 0.04 3 Poya International Co Ltd 29 0.03
2 Kingpak Technology Inc 10 0.01 86 President Securities Corp 35 0.04
6 Kinik Co 11 0.01 23 Primax Electronics Ltd 35 0.04
16 Kinko Optical Co Ltd 15 0.02 50 Prince Housing & Development Corp 17 0.02
98 Kinpo Electronics 31 0.04 5 Promate Electronic Co Ltd 5 0.01
12 Kinsus Interconnect Technology Corp 18 0.02 6 QST International Corp 16 0.02
5 KMC Kuei Meng International Inc 17 0.02 4 Quang Viet Enterprise Co Ltd 14 0.02
10 KS Terminals Inc 15 0.02 17 Quanta Storage Inc 13 0.02
4 Kung Long Batteries Industrial Co Ltd 19 0.02 21 Radiant Opto-Electronics Corp 58 0.07
9 Kuo Toong International Co Ltd 6 0.01 45 Radium Life Tech Co Ltd 23 0.03
35 Kuoyang Construction Co Ltd 16 0.02 20 Rechi Precision Co Ltd 15 0.02
9 KYE Systems Corp 3 – 31 Rich Development Co Ltd 9 0.01
12 L&K Engineering Co Ltd 11 0.01 41 Roo Hsing Co Ltd 18 0.02
4 LandMark Optoelectronics Corp 34 0.04 35 Sampo Corp 15 0.02
19 LCY Chemical Corp 32 0.04 15 San Fang Chemical Industry Co Ltd 11 0.01
39 Lealea Enterprise Co Ltd 13 0.01 3 San Shing Fastech Corp 4 –
23 Lextar Electronics Corp 14 0.02 23 Sanyang Motor Co Ltd 15 0.02
4 Li Cheng Enterprise Co Ltd 6 0.01 9 SDI Corp 22 0.03
6 Li Peng Enterprise Co Ltd 2 – 23 Sercomm Corp 47 0.05
40 Lien Hwa Industrial Corp 40 0.05 11 Sesoda Corp 9 0.01
26 Lingsen Precision Industries Ltd 8 0.01 13 Shihlin Electric & Engineering Corp 17 0.02
9 Lite-On Semiconductor Corp 9 0.01 5 Shin Zu Shing Co Ltd 14 0.02
22 Long Bon International Co Ltd 12 0.01 34 Shining Building Business Co Ltd 12 0.01
42 Long Chen Paper Co Ltd 23 0.03 10 Shinkong Insurance Co Ltd 12 0.01
2 Lotes Co Ltd 13 0.02 67 Shinkong Synthetic Fibers Corp 24 0.03
11 Lung Yen Life Service Corp 21 0.02 23 Sigurd Microelectronics Corp 22 0.03
2 Macauto Industrial Co Ltd 5 0.01 10 Simplo Technology Co Ltd 59 0.07
3 Machvision Inc 40 0.05 9 Sinbon Electronics Co Ltd 25 0.03
12 Makalot Industrial Co Ltd 72 0.08 9 Sincere Navigation Corp 5 0.01
7 Marketech International Corp 12 0.01 2 Sinmag Equipment Corp 9 0.01
6 Mayer Steel Pipe Corp 3 – 25 Sinon Corp 14 0.02
13 Mercuries & Associates Holding Ltd 8 0.01 22 Sinyi Realty Inc 20 0.02
82 Mercuries Life Insurance Co Ltd 35 0.04 6 Sirtec International Co Ltd 4 –
11 Merry Electronics Co Ltd 46 0.05 7 Sitronix Technology Corp 26 0.03
18 Microbio Co Ltd 8 0.01 7 Soft-World International Corp 16 0.02
5 MIN AIK Technology Co Ltd 2 – 8 Sonix Technology Co Ltd 8 0.01
14 Mirle Automation Corp 21 0.02 3 Sporton International Inc 14 0.02
23 Mitac Holdings Corp 22 0.03 3 St Shine Optical Co Ltd 55 0.06
1 momo.com Inc 6 0.01 5 Sunny Friend Environmental Technology Co Ltd 35 0.04
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 305
Pacific Basin Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Taiwan - 7.86% (continued) Taiwan - 7.86% (continued)
18 Sunonwealth Electric Machine Industry Co Ltd 23 0.03 18 Universal Cement Corp 11 0.01
48 Sunplus Technology Co Ltd 19 0.02 17 Unizyx Holding Corp 7 0.01
4 Sunspring Metal Corp 4 – 49 UPC Technology Corp 19 0.02
20 Sunty Development Co Ltd 7 0.01 30 USI Corp 11 0.01
17 Supreme Electronics Co Ltd 17 0.02 18 Visual Photonics Epitaxy Co Ltd 35 0.04
3 Sweeten Real Estate Development Co Ltd 2 – 18 Wafer Works Corp 26 0.03
4 Syncmold Enterprise Corp 8 0.01 9 Wah Lee Industrial Corp 15 0.02
5 Systex Corp 10 0.01 14 Walton Advanced Engineering Inc 5 0.01
41 Ta Ya Electric Wire & Cable 14 0.02 23 Wan Hai Lines Ltd 12 0.01
9 Tah Hsin Industrial Corp 8 0.01 107 Waterland Financial Holdings Co Ltd 35 0.04
70 Taichung Commercial Bank Co Ltd 23 0.03 14 Wei Chuan Foods Corp 10 0.01
3 TaiDoc Technology Corp 15 0.02 19 Weikeng Industrial Co Ltd 12 0.01
8 Taiflex Scientific Co Ltd 10 0.01 8 Wisdom Marine Lines Co Ltd 8 0.01
8 Taimide Tech Inc 13 0.02 13 Wistron NeWeb Corp 32 0.04
42 Tainan Spinning Co Ltd 17 0.02 3 Wowprime Corp 8 0.01
22 Taisun Enterprise Co Ltd 12 0.01 23 WT Microelectronics Co Ltd 30 0.04
5 Taiwan Chinsan Electronic Industrial Co Ltd 6 0.01 13 Xxentria Technology Materials Corp 27 0.03
34 Taiwan Cogeneration Corp 28 0.03 104 Yang Ming Marine Transport Corp 31 0.04
11 Taiwan Fire & Marine Insurance Co Ltd 7 0.01 19 YC Co Ltd 8 0.01
12 Taiwan FU Hsing Industrial Co Ltd 14 0.02 26 YC INOX Co Ltd 21 0.02
10 Taiwan Hon Chuan Enterprise Co Ltd 15 0.02 3 Yeong Guan Energy Technology Group Co Ltd 5 0.01
65 Taiwan Kolin Co Ltd – – 12 YFC-Boneagle Electric Co Ltd 11 0.01
23 Taiwan Land Development Corp 6 0.01 60 YFY Inc 23 0.03
18 Taiwan Paiho Ltd 33 0.04 68 Yieh Phui Enterprise Co Ltd 22 0.03
16 Taiwan PCB Techvest Co Ltd 15 0.02 5 Youngtek Electronics Corp 7 0.01
11 Taiwan Sakura Corp 13 0.01 9 Yulon Finance Corp 27 0.03
17 Taiwan Semiconductor Co Ltd 32 0.04 48 Yulon Motor Co Ltd 28 0.03
19 Taiwan Shin Kong Security Co Ltd 20 0.02 13 Yungshin Construction & Development Co Ltd 13 0.02
28 Taiwan Styrene Monomer 22 0.03 7 YungShin Global Holding Corp 9 0.01
11 Taiwan Surface Mounting Technology Corp 13 0.02 18 Yungtay Engineering Co Ltd 34 0.04
35 Taiwan TEA Corp 19 0.02 3 Zeng Hsing Industrial Co Ltd 14 0.02
12 Taiwan Union Technology Corp 38 0.04 3 Zenitron Corp 2 –
9 Test Research Inc 14 0.02 27 Zig Sheng Industrial Co Ltd 8 0.01
8 Thinking Electronic Industrial Co Ltd 21 0.02 26 Zinwell Corp 14 0.02
10 Thye Ming Industrial Co Ltd 10 0.01 6,739 7.86
50 Ton Yi Industrial Corp 21 0.02 Total Common Stock - 99.96% (30 November 2017: 99.72%) 85,653 99.96
8 Tong Hsing Electronic Industries Ltd 29 0.03
20 Tong Yang Industry Co Ltd 26 0.03 Real Estate Investment Trust
15 Topco Scientific Co Ltd 34 0.04 Korea, Republic of - 0.02%
6 Topoint Technology Co Ltd 3 –
5 Korea Asset In Trust Co Ltd 20 0.02
4 Toung Loong Textile Manufacturing 5 0.01
20 0.02
13 TPK Holding Co Ltd 23 0.03
New Zealand - 0.02%
6 Transcend Information Inc 13 0.02
11 Investore Property Ltd 12 0.02
1 TrueLight Corp 1 –
2 TSC Auto ID Technology Co Ltd 13 0.02 12 0.02
Total Real Estate Investment Trust - 0.04% (30 November
38 TSRC Corp 34 0.04 2017: 0.00%) 32 0.04
10 TTY Biopharm Co Ltd 27 0.03
26 Tung Ho Steel Enterprise Corp 18 0.02
Rights
3 Tung Thih Electronic Co Ltd 6 0.01
Australia - 0.00%
16 TXC Corp 18 0.02
– Sphere Minerals Ltd – –
10 TYC Brother Industrial Co Ltd 9 0.01
– –
14 Tyntek Corp 8 0.01
22 U-Ming Marine Transport Corp 23 0.03 Korea, Republic of - 0.00%
122 Unimicron Technology Corp 84 0.10 1 CrucialTec Co Ltd – –
1 Union Bank Of Taiwan – – – SK D&D Co Ltd – –
44 Unitech Printed Circuit Board Corp 22 0.03 5 SK Securities Co Ltd 1 –
14 United Integrated Services Co Ltd 29 0.03 1 –
102 United Renewable Energy Co Ltd 29 0.03
18 Unity Opto Technology Co Ltd 6 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 306
Pacific Basin Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net
(000's) Asset
Shares (000's) USD Value
Rights (continued)
Taiwan - 0.00%
1 Coremax Corp – –
1 Long Chen Paper Co Ltd – –
– Lotes Co Ltd – –
– –
Total Rights – 0.00% (30 November 2017: 0.00%) 1 –
Warrants
Singapore - 0.00%
66 Ezion Holdings Ltd – –
– –
Total Warrants - 0.00% (30 November 2017: 0.00%) – –
Total Investments - 100.00% (30 November 2017: 99.72%) 85,686 100.00
% of Net
Value (000's) Asset
USD Value
Cash and Cash Equivalents - 0.36% (30 November 2017: 0.43%) 313 0.36
Other Liabilities in Excess of Other Assets - (0.36)% (30 November 2017: (0.15)%) (312) (0.36)
Total Net Assets 85,687 100.00
Amounts designated as “- “ are either $0, less than $500 or less than 500 shares.
Analysis of Total Assets (unaudited) % of Total Assets
Transferable securities admitted to an official exchange listing 98.03
Current Assets 1.97
Total Assets 100.00
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 307
Sterling Inflation Linked Intermediate Duration Fixed Income Fund
Portfolio of Investments as at 30 November 2018
Coupo Value % of Net
Face Value n Rate Maturity (000's) Asset
(000's) % Date GBP Value
Government Bonds
United Kingdom - 100.25%
7,183 United Kingdom Gilt Inflation
Linked, Series 8MO 2.500 16/04/2020 25,832 3.44
54,603 United Kingdom Gilt Inflation
Linked, Series 8MO 2.500 17/07/2024 199,397 26.56
2,000 United Kingdom Gilt Inflation
Linked, Series 3MO 0.125 22/03/2026 2,574 0.34
14,005 United Kingdom Gilt Inflation
Linked, Series 3MO 1.250 22/11/2027 27,120 3.61
59,837 United Kingdom Gilt Inflation
Linked, Series 3MO 0.125 22/03/2029 87,857 11.70
59,193 United Kingdom Gilt Inflation
Linked, Series 8MO 4.125 22/07/2030 218,188 29.06
25,685 United Kingdom Gilt Inflation
Linked, Series 3MO 1.250 22/11/2032 49,730 6.62
81,560 United Kingdom Gilt Inflation
Linked, Series 3MO 0.750 22/03/2034 142,118 18.92
Total Government Bonds - 100.25%
(30 November 2017: 99.49%) 752,816 100.25
Total Investments - 100.25% (30 November 2017: 99.49%) 752,816 100.25
% of Net
Value (000's) Asset
GBP Value
Cash and Cash Equivalents - 0.12% (30 November 2017: 0.72%) 913 0.12
Other Liabilities in Excess of Other Assets - (0.37)% (30 November 2017: 0.21%) (2,770) (0.37)
Total Net Assets 750,959 100.00
Analysis of Total Assets (unaudited) % of Total Assets
Transferable securities admitted to an official stock exchange listing 99.32
Current Assets 0.68
Total Assets 100.00
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 308
U.S. Core Equity Fund
Portfolio of Investments as at 30 November 2018
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock Common Stock (continued)
Basic Materials - 3.57% Basic Materials - 3.57% (continued)
– A Schulman Inc – – – Quaker Chemical Corp 2 0.01
– Aceto Corp – – – Rayonier Advanced Materials Inc 1 –
– AdvanSix Inc 4 0.01 – Reliance Steel & Aluminum Co 19 0.05
– Air Products & Chemicals Inc 53 0.15 – Resolute Forest Products Inc 5 0.01
1 AK Steel Holding Corp 2 0.01 – Rogers Corp 13 0.04
– Albemarle Corp 20 0.06 – Royal Gold Inc 15 0.04
1 Alcoa Corp 22 0.06 1 RPM International Inc 33 0.09
1 Allegheny Technologies Inc 14 0.04 – Ryerson Holding Corp 4 0.01
– American Vanguard Corp 1 – – Schnitzer Steel Industries Inc 1 –
– Ashland Global Holdings Inc 17 0.05 – Schweitzer-Mauduit International Inc 2 0.01
1 Axalta Coating Systems Ltd 23 0.07 – Sensient Technologies Corp 10 0.03
– Balchem Corp 14 0.04 – Sherwin-Williams Co 28 0.08
– Cabot Corp 7 0.02 1 Steel Dynamics Inc 23 0.07
– Carpenter Technology Corp 8 0.02 – Stepan Co 3 0.01
– Celanese Corp 43 0.12 – Tronox Ltd 1 –
1 CF Industries Holdings Inc 24 0.07 1 United States Steel Corp 15 0.04
1 Chemours Co 15 0.04 1 Univar Inc 11 0.03
1 Cleveland-Cliffs Inc 10 0.03 1 Valvoline Inc 13 0.04
1 Coeur Mining Inc 5 0.01 – Verso Corp 6 0.01
1 Commercial Metals Co 11 0.03 1 Versum Materials Inc 20 0.06
– Compass Minerals International Inc 10 0.03 – Westlake Chemical Corp 13 0.04
– Domtar Corp 14 0.04 – WR Grace & Co 13 0.04
2 DowDuPont Inc 110 0.31 1,255 3.57
– Eastman Chemical Co 23 0.07 Communications - 11.28%
1 Ferro Corp 12 0.03 – 1-800-Flowers.com Inc 2 0.01
– Ferroglobe PLC 1 – – ADTRAN Inc 4 0.01
– FMC Corp 21 0.06 – Alphabet Inc, Class A 160 0.46
4 Freeport-McMoRan Inc 53 0.15 – Alphabet Inc, Class C 172 0.49
– GCP Applied Technologies Inc 9 0.03 2 Altice USA Inc 27 0.08
– Hawkins Inc 2 0.01 – Amazon.com Inc 519 1.48
– HB Fuller Co 13 0.04 – AMC Networks Inc 22 0.06
2 Hecla Mining Co 5 0.01 1 ARRIS International PLC 20 0.06
1 Huntsman Corp 21 0.06 9 AT&T Inc 289 0.82
– Ingevity Corp 11 0.03 – ATN International Inc 15 0.04
– Innophos Holdings Inc 1 – 1 Boingo Wireless Inc 16 0.05
– Innospec Inc 5 0.01 – Booking Holdings Inc 64 0.18
– International Flavors & Fragrances Inc 26 0.07 – Boston Omaha Corp 7 0.02
1 International Paper Co 39 0.11 – Cable One Inc 19 0.05
1 Intrepid Potash Inc 4 0.01 – Cars.com Inc 6 0.02
– Koppers Holdings Inc 3 0.01 1 CBS Corp 37 0.11
– Kraton Corp 4 0.01 – CDW Corp 21 0.06
– Kronos Worldwide Inc 2 0.01 3 CenturyLink Inc 49 0.14
– Landec Corp 2 0.01 – Charter Communications Inc 71 0.20
– Linde PLC 8 0.02 1 Ciena Corp 20 0.06
1 LyondellBasell Industries NV 58 0.17 – Cincinnati Bell Inc 1 –
– Materion Corp 2 0.01 4 Cisco Systems Inc 169 0.48
– Mercer International Inc 6 0.02 – Cogent Communications Holdings Inc 11 0.03
– Minerals Technologies Inc 9 0.03 6 Comcast Corp 251 0.71
1 Mosaic Co 28 0.08 1 CommScope Holding Co Inc 12 0.03
– Neenah Inc 3 0.01 – comScore Inc 5 0.01
– NewMarket Corp 18 0.05 – Consolidated Communications Holdings Inc 1 –
1 Newmont Mining Corp 29 0.08 – Discovery Communications Inc, Class A 13 0.04
1 Nucor Corp 39 0.11 1 Discovery Communications Inc, Class C 18 0.05
1 Olin Corp 13 0.04 – DISH Network Corp 14 0.04
– Orchids Paper Products Co – – 1 eBay Inc 29 0.08
– PH Glatfelter Co 1 – – EchoStar Corp 10 0.03
1 Platform Specialty Products Corp 15 0.04 1 Endurance International Group Holdings Inc 9 0.03
– PolyOne Corp 10 0.03 – Entercom Communications Corp 2 0.01
1 PPG Industries Inc 71 0.20 – Entravision Communications Corp 1 –
1 PQ Group Holdings Inc 10 0.03 – EW Scripps Co 3 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 309
U.S. Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Communications - 11.28% (continued) Communications - 11.28% (continued)
– Expedia Group Inc 21 0.06 – Shutterfly Inc 7 0.02
– F5 Networks Inc 15 0.04 – Shutterstock Inc 8 0.02
2 Facebook Inc 260 0.74 – Sinclair Broadcast Group Inc 11 0.03
– FactSet Research Systems Inc 26 0.07 1 Sirius XM Holdings Inc 8 0.02
1 Finisar Corp 13 0.04 – Snap Inc 3 0.01
– Frontier Communications Corp 1 – – Spok Holdings Inc 1 –
– FTD Cos Inc – – 1 Sprint Corp 6 0.02
1 Gannett Co Inc 5 0.01 – Stamps.com Inc 8 0.02
– GCI Liberty Inc 10 0.03 – Symantec Corp 8 0.02
– GoDaddy Inc 10 0.03 1 T-Mobile US Inc 36 0.10
– Gray Television Inc 9 0.03 – TechTarget Inc 3 0.01
3 Groupon Inc 8 0.02 1 TEGNA Inc 10 0.03
– GrubHub Inc 25 0.07 1 Telephone & Data Systems Inc 19 0.05
– GTT Communications Inc 13 0.04 – Trade Desk Inc 6 0.02
– Harmonic Inc 2 0.01 – Tribune Media Co 7 0.02
– HealthStream Inc 1 – – Tribune Publishing Co 5 0.01
1 Houghton Mifflin Harcourt Co 8 0.02 – TripAdvisor Inc 15 0.04
– IAC/InterActiveCorp 19 0.05 1 Twenty-First Century Fox Inc, Class A 55 0.16
– IDT Corp – – – Twenty-First Century Fox Inc, Class B 24 0.07
– Infinera Corp 1 – – Twilio Inc 7 0.02
– Intelsat SA 11 0.03 1 Twitter Inc 17 0.05
– InterDigital Inc 11 0.03 – Ubiquiti Networks Inc 25 0.07
1 Interpublic Group of Cos Inc 33 0.09 – United States Cellular Corp 13 0.04
– Iridium Communications Inc 10 0.03 – VeriSign Inc 12 0.03
– John Wiley & Sons Inc 13 0.04 6 Verizon Communications Inc 345 0.98
1 Juniper Networks Inc 16 0.05 – Viacom Inc, Class A 1 –
– Lands' End Inc 2 0.01 1 Viacom Inc, Class B 33 0.09
– Liberty Broadband Corp, Class A 7 0.02 – ViaSat Inc 16 0.05
– Liberty Broadband Corp, Class C 24 0.07 – Viavi Solutions Inc 1 –
– Liberty Expedia Holdings Inc 14 0.04 1 Vonage Holdings Corp 7 0.03
– Liberty Latin America Ltd, Class A 5 0.01 2 Walt Disney Co 230 0.66
1 Liberty Latin America Ltd, Class C 10 0.03 – Wayfair Inc 8 0.03
– Liberty Media Corp-Liberty SiriusXM, Class A 1 – – World Wrestling Entertainment Inc 6 0.02
– Liberty Media Corp-Liberty SiriusXM, Class C 1 – – XO Group Inc 1 0.01
1 Limelight Networks Inc 4 0.01 – Yelp Inc 3 0.02
– LogMeIn Inc 17 0.05 1 Zayo Group Holdings Inc 22 0.08
– Match Group Inc 12 0.03 – Zillow Group Inc, Class A 1 0.01
– Meredith Corp 11 0.03 – Zillow Group Inc, Class C 10 0.03
– Motorola Solutions Inc 20 0.06 3,960 11.28
– MSG Networks Inc 12 0.03 Consumer, Cyclical - 13.03%
– Netflix Inc 26 0.07 1 Abercrombie & Fitch Co 10 0.03
– NETGEAR Inc 5 0.01 – Acushnet Holdings Corp 5 0.01
– New Media Investment Group Inc 4 0.01 – Adient PLC 7 0.02
– New York Times Co 11 0.03 – Advance Auto Parts Inc 21 0.06
1 News Corp, Class A 12 0.03 – Alaska Air Group Inc 35 0.10
1 News Corp, Class B 7 0.02 – Allegiant Travel Co 11 0.03
– Nexstar Media Group Inc 18 0.05 – Allison Transmission Holdings Inc 16 0.05
– NIC Inc 5 0.01 – Altra Industrial Motion Corp 11 0.03
– Oclaro Inc 1 – – AMC Entertainment Holdings Inc 3 0.01
– Okta Inc 7 0.02 – American Airlines Group Inc 17 0.05
– Omnicom Group Inc 29 0.08 1 American Axle & Manufacturing Holdings Inc 10 0.03
1 ORBCOMM Inc 5 0.01 1 American Eagle Outfitters Inc 22 0.06
– Palo Alto Networks Inc 2 0.01 – Anixter International Inc 12 0.03
– pdvWireless Inc 3 0.01 1 Aptiv PLC 44 0.13
– Perficient Inc 2 0.01 1 Aramark 33 0.09
– Plantronics Inc 8 0.02 – Asbury Automotive Group Inc 8 0.02
– Quotient Technology Inc 5 0.01 – Ascena Retail Group Inc 1 –
– RigNet Inc 1 – – At Home Group Inc 7 0.02
– Ringcentral Inc 7 0.02 – Autoliv Inc 26 0.07
– Saga Communications Inc 6 0.02 – AutoNation Inc 18 0.05
– Scholastic Corp 8 0.02 – AutoZone Inc 20 0.06
– Shenandoah Telecommunications Co 20 0.06 – Beacon Roofing Supply Inc 11 0.03
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 310
U.S. Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Consumer, Cyclical - 13.03% (continued) Consumer, Cyclical - 13.03% (continued)
– Bed Bath & Beyond Inc 5 0.01 – Douglas Dynamics Inc 7 0.02
– Belmond Ltd 8 0.02 1 DR Horton Inc 22 0.06
1 Best Buy Co Inc 35 0.10 1 DSW Inc 17 0.05
– Big Lots Inc 13 0.04 – Dunkin' Brands Group Inc 18 0.05
– Biglari Holdings Inc, Class B – – 1 El Pollo Loco Holdings Inc 8 0.02
– BJ's Restaurants Inc 19 0.05 – Eldorado Resorts Inc 5 0.01
1 Bloomin' Brands Inc 12 0.03 – Essendant Inc 1 –
1 BMC Stock Holdings Inc 9 0.03 – Express Inc 1 –
– Bojangles' Inc 1 – 1 Ezcorp Inc 6 0.02
– Boot Barn Holdings Inc 5 0.01 – Fastenal Co 19 0.05
1 BorgWarner Inc 34 0.10 – Fiesta Restaurant Group Inc 1 –
– Boyd Gaming Corp 6 0.02 – FirstCash Inc 8 0.02
– Brinker International Inc 14 0.04 – Five Below Inc 27 0.08
– Brunswick Corp 19 0.05 – Flexsteel Industries Inc 1 –
– Buckle Inc 1 – – Floor & Decor Holdings Inc 8 0.02
– Burlington Stores Inc 26 0.07 – Foot Locker Inc 26 0.07
1 Caesars Entertainment Corp 10 0.03 6 Ford Motor Co 52 0.15
– Caleres Inc 3 0.01 – Fossil Group Inc 1 –
– Callaway Golf Co 7 0.02 – Fox Factory Holding Corp 17 0.05
– Cannae Holdings Inc 2 0.01 – Francesca's Holdings Corp – –
– CarMax Inc 28 0.08 – Fred's Inc – –
– Carnival Corp 28 0.08 – G-III Apparel Group Ltd 18 0.05
– Carrols Restaurant Group Inc 1 – 1 GameStop Corp 9 0.03
– Carter's Inc 14 0.04 1 Gap Inc 33 0.09
– Casey's General Stores Inc 17 0.05 – Garrett Motion Inc 1 –
– Cato Corp – – 2 General Motors Co 76 0.22
– Cavco Industries Inc 2 0.01 – Genesco Inc 6 0.02
– Century Communities Inc 4 0.01 – Gentherm Inc 14 0.04
– Cheesecake Factory Inc 9 0.03 – Genuine Parts Co 30 0.09
– Chico's FAS Inc 1 – – GMS Inc 4 0.01
– Children's Place Inc 14 0.04 1 Goodyear Tire & Rubber Co 27 0.08
– Chipotle Mexican Grill Inc 20 0.06 – Green Brick Partners Inc 1 –
– Choice Hotels International Inc 5 0.01 – H&E Equipment Services Inc 5 0.01
– Churchill Downs Inc 11 0.03 1 Hanesbrands Inc 9 0.03
– Chuy's Holdings Inc 1 – 1 Harley-Davidson Inc 29 0.08
– Cinemark Holdings Inc 17 0.05 – Hasbro Inc 11 0.03
– Columbia Sportswear Co 13 0.04 – Haverty Furniture Cos Inc 2 0.01
– Cooper Tire & Rubber Co 4 0.01 – Hawaiian Holdings Inc 13 0.04
– Cooper-Standard Holdings Inc 8 0.02 1 HD Supply Holdings Inc 28 0.08
– Copa Holdings SA 10 0.03 – Herman Miller Inc 14 0.04
– Copart Inc 12 0.03 – Hilton Grand Vacations Inc 11 0.03
– Core-Mark Holding Co Inc 2 0.01 – Hilton Worldwide Holdings Inc 36 0.10
– Costco Wholesale Corp 82 0.23 – HNI Corp 5 0.01
– Cracker Barrel Old Country Store Inc 15 0.04 1 Home Depot Inc 162 0.46
1 Crocs Inc 17 0.05 – Hooker Furniture Corp 2 0.01
1 Daktronics Inc 5 0.01 – Hyatt Hotels Corp 7 0.02
1 Dana Inc 12 0.03 – IMAX Corp 6 0.02
– Darden Restaurants Inc 24 0.07 – Installed Building Products Inc 5 0.01
– Dave & Buster's Entertainment Inc 12 0.03 – Interface Inc 1 –
– Deckers Outdoor Corp 28 0.08 1 International Game Technology PLC 14 0.04
– Del Taco Restaurants Inc 1 – – iRobot Corp 11 0.03
– Delphi Technologies PLC – – – Jack in the Box Inc 13 0.04
1 Delta Air Lines Inc 60 0.17 – JC Penney Co Inc 1 –
– Denny's Corp 2 0.01 1 JetBlue Airways Corp 19 0.05
– Dick's Sporting Goods Inc 9 0.03 1 KAR Auction Services Inc 29 0.08
– Dillard's Inc 3 0.01 – KB Home 3 0.01
– Dine Brands Global Inc 7 0.02 – Kimball International Inc 5 0.01
– Dolby Laboratories Inc 7 0.02 – Knoll Inc 6 0.02
– Dollar General Corp 40 0.11 – Kohl's Corp 32 0.09
– Dollar Tree Inc 42 0.12 – L Brands Inc 15 0.04
– Domino's Pizza Inc 8 0.02 – La-Z-Boy Inc 5 0.01
– Dorman Products Inc 17 0.05 – Las Vegas Sands Corp 17 0.05
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 311
U.S. Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Consumer, Cyclical - 13.03% (continued) Consumer, Cyclical - 13.03% (continued)
– LCI Industries 10 0.03 – Planet Fitness Inc 13 0.04
– Lear Corp 28 0.08 – Polaris Industries Inc 23 0.07
1 Leggett & Platt Inc 20 0.06 – Pool Corp 17 0.05
– Lennar Corp, Class A 15 0.04 – PriceSmart Inc 5 0.01
– Lennar Corp, Class B – – 1 PulteGroup Inc 30 0.09
– LGI Homes Inc 1 – – PVH Corp 16 0.05
– Libbey Inc 1 – 1 Qurate Retail Inc 30 0.09
– Liberty TripAdvisor Holdings Inc 9 0.03 – Ralph Lauren Corp 12 0.03
1 Lindblad Expeditions Holdings Inc 8 0.02 – Reading International Inc 2 0.01
– Lions Gate Entertainment Corp, Class A 6 0.02 – Red Robin Gourmet Burgers Inc 1 –
1 Lions Gate Entertainment Corp, Class B 11 0.03 – Red Rock Resorts Inc 8 0.02
– Lithia Motors Inc 12 0.03 1 Regis Corp 9 0.03
– Live Nation Entertainment Inc 19 0.05 – RH 4 0.01
– LKQ Corp 14 0.04 – Rite Aid Corp – –
1 Lowe's Cos Inc 59 0.17 – Ross Stores Inc 26 0.07
– Lululemon Athletica Inc 16 0.05 – Royal Caribbean Cruises Ltd 36 0.10
– Lumber Liquidators Holdings Inc 1 – 1 RTW RetailWinds Inc 3 0.01
– M/I Homes Inc 2 0.01 – Rush Enterprises Inc 8 0.02
1 Macy's Inc 38 0.11 – Sally Beauty Holdings Inc 2 0.01
– Madison Square Garden Co 18 0.05 – ScanSource Inc 1 –
– Malibu Boats Inc 8 0.02 – Scientific Games Corp 3 0.01
– Marcus Corp 3 0.01 – Scotts Miracle-Gro Co 13 0.04
– Marine Products Corp 3 0.01 – SeaWorld Entertainment Inc 14 0.04
– MarineMax Inc 1 – – Shake Shack Inc 6 0.02
– Marriott International Inc 26 0.07 – Signet Jewelers Ltd 11 0.03
– Marriott Vacations Worldwide Corp 19 0.05 – SiteOne Landscape Supply Inc 6 0.02
– MasterCraft Boat Holdings Inc 5 0.01 – Six Flags Entertainment Corp 12 0.03
– Mattel Inc 2 0.01 – Skechers U.S.A. Inc 10 0.03
– McDonald's Corp 50 0.14 – Skyline Champion Corp 8 0.02
– MDC Holdings Inc 9 0.03 – SkyWest Inc 11 0.03
– Meritage Homes Corp 2 0.01 – Sleep Number Corp 2 0.01
1 Meritor Inc 8 0.02 – Sonic Corp 2 0.01
– Methode Electronics Inc 2 0.01 1 Southwest Airlines Co 52 0.15
– MGM Resorts International 12 0.03 – Speedway Motorsports Inc 1 –
– Michael Kors Holdings Ltd 19 0.05 – Spirit Airlines Inc 18 0.05
– Michaels Cos Inc 2 0.01 – St Joe Co 3 0.01
– Mobile Mini Inc 7 0.02 – Standard Motor Products Inc 3 0.01
– Modine Manufacturing Co 1 – 1 Starbucks Corp 69 0.20
– Mohawk Industries Inc 17 0.05 1 Steelcase Inc 11 0.03
– MSC Industrial Direct Co Inc 18 0.05 – Steven Madden Ltd 6 0.02
1 National CineMedia Inc 5 0.01 – Superior Industries International Inc 3 0.01
– National Vision Holdings Inc 5 0.01 – Systemax Inc 8 0.02
– Nautilus Inc 1 – – Tapestry Inc 12 0.03
– Navistar International Corp 11 0.03 1 Target Corp 53 0.15
– Newell Brands Inc 7 0.02 – Taylor Morrison Home Corp 1 –
1 Nexeo Solutions Inc 8 0.02 – Tempur Sealy International Inc 9 0.03
1 NIKE Inc 50 0.14 – Tenneco Inc 6 0.02
– Nordstrom Inc 21 0.06 – Texas Roadhouse Inc 16 0.05
– Norwegian Cruise Line Holdings Ltd 23 0.07 – Thor Industries Inc 14 0.04
– Nu Skin Enterprises Inc 15 0.04 – Tiffany & Co 27 0.08
– NVR Inc 17 0.05 – Tile Shop Holdings Inc – –
– O'Reilly Automotive Inc 45 0.13 1 TJX Cos Inc 47 0.13
3 Office Depot Inc 9 0.03 1 Toll Brothers Inc 17 0.05
– Ollie's Bargain Outlet Holdings Inc 26 0.07 – Toro Co 21 0.06
– Oxford Industries Inc 4 0.01 – Tower International Inc 7 0.02
1 PACCAR Inc 60 0.17 – Tractor Supply Co 23 0.07
– Papa John's International Inc 2 0.01 1 TRI Pointe Group Inc 12 0.03
– Party City Holdco Inc 1 – – Triton International Ltd 11 0.03
– PC Connection Inc 1 – – Tupperware Brands Corp 8 0.02
– Penn National Gaming Inc 8 0.02 – Ulta Salon Cosmetics & Fragrance Inc 35 0.10
– Penske Automotive Group Inc 15 0.04 1 Under Armour Inc, Class A 12 0.03
– PetMed Express Inc 1 – 1 Under Armour Inc, Class C 13 0.04
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 312
U.S. Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Consumer, Cyclical - 13.03% (continued) Consumer, Non-Cyclical - 19.85% (continued)
– Unifi Inc 2 0.01 – Amneal Pharmaceuticals Inc 1 –
– UniFirst Corp 3 0.01 – Amphastar Pharmaceuticals Inc 1 –
1 United Continental Holdings Inc 79 0.22 – Andersons Inc 10 0.03
– Universal Electronics Inc 1 – – AngioDynamics Inc 8 0.02
1 Urban Outfitters Inc 21 0.06 – ANI Pharmaceuticals Inc 1 –
– Vail Resorts Inc 15 0.04 – Anika Therapeutics Inc 1 –
– Veoneer Inc 5 0.01 – Anthem Inc 67 0.19
1 Vera Bradley Inc 6 0.02 1 Archer-Daniels-Midland Co 43 0.12
– Veritiv Corp 1 – – Arena Pharmaceuticals Inc 6 0.02
– VF Corp 26 0.07 – ASGN Inc 12 0.03
– Vista Outdoor Inc 5 0.01 – Atara Biotherapeutics Inc 7 0.02
– Visteon Corp 8 0.02 – Atrion Corp 2 0.01
– Vitamin Shoppe Inc – – – Audentes Therapeutics Inc 4 0.01
– Wabash National Corp 1 – – Automatic Data Processing Inc 48 0.14
– WABCO Holdings Inc 22 0.06 – Avanos Medical Inc 14 0.04
1 Walgreens Boots Alliance Inc 76 0.23 – Avery Dennison Corp 27 0.08
2 Walmart Inc 212 0.60 – Avis Budget Group Inc 12 0.03
– Watsco Inc 17 0.06 1 Avon Products Inc 3 0.01
1 Wendy's Co 15 0.04 – B&G Foods Inc 9 0.03
– WESCO International Inc 13 0.04 – Barrett Business Services Inc 1 –
– Whirlpool Corp 28 0.09 – Baxter International Inc 16 0.05
– William Lyon Homes 1 – – Becton Dickinson and Co 36 0.10
– Williams-Sonoma Inc 18 0.06 – Bio-Rad Laboratories Inc 14 0.04
– Wingstop Inc 18 0.06 – Bio-Techne Corp 20 0.06
– Winmark Corp 1 – – Biogen Inc 59 0.17
– Winnebago Industries Inc 5 0.02 – BioMarin Pharmaceutical Inc 13 0.04
– Wolverine World Wide Inc 4 0.02 2 BioScrip Inc 7 0.02
– World Fuel Services Corp 10 0.04 – BioSpecifics Technologies Corp 2 0.01
– WW Grainger Inc 36 0.10 – BioTelemetry Inc 4 0.01
– Wyndham Destinations Inc 3 0.02 – Bluebird Bio Inc 13 0.04
– Wyndham Hotels & Resorts Inc 18 0.06 – Booz Allen Hamilton Holding Corp 9 0.03
– Wynn Resorts Ltd 13 0.04 – Boston Beer Co Inc 23 0.07
– Yum! Brands Inc 18 0.06 1 Boston Scientific Corp 26 0.07
– Zumiez Inc 7 0.03 – Bridgepoint Education Inc 1 –
4,576 13.03 – Bright Horizons Family Solutions Inc 13 0.04
Consumer, Non-Cyclical - 19.85% – Brink's Co 12 0.03
– 2U Inc 5 0.01 1 Bristol-Myers Squibb Co 40 0.11
– Aaron's Inc 15 0.04 1 Brookdale Senior Living Inc 8 0.02
1 Abbott Laboratories 63 0.18 – Brown-Forman Corp, Class A 12 0.03
1 AbbVie Inc 49 0.14 – Brown-Forman Corp, Class B 23 0.07
– ABIOMED Inc 34 0.10 – Bruker Corp 9 0.03
– ABM Industries Inc 8 0.02 – Bunge Ltd 11 0.03
– Acadia Healthcare Co Inc 11 0.03 – Cal-Maine Foods Inc 12 0.03
1 ACCO Brands Corp 7 0.02 – Calavo Growers Inc 12 0.03
– Acorda Therapeutics Inc 5 0.01 – Cambium Learning Group Inc 7 0.02
– Addus HomeCare Corp 7 0.02 – Cambrex Corp 13 0.04
– Adtalem Global Education Inc 14 0.04 – Campbell Soup Co 16 0.05
– Agios Pharmaceuticals Inc 9 0.03 – Cantel Medical Corp 12 0.03
1 Akorn Inc 4 0.01 – Capital Senior Living Corp 1 –
– Alexion Pharmaceuticals Inc 15 0.04 – Cardinal Health Inc 25 0.07
– Align Technology Inc 22 0.06 – Cardtronics PLC 9 0.03
– Alkermes PLC 1 – – Career Education Corp 3 0.01
– Allergan PLC 40 0.11 – Carriage Services Inc 4 0.01
– Alnylam Pharmaceuticals Inc 13 0.04 1 Catalent Inc 21 0.06
2 Altria Group Inc 102 0.29 – CBIZ Inc 2 0.01
– AMAG Pharmaceuticals Inc 2 0.01 – Celgene Corp 33 0.09
– Amedisys Inc 9 0.03 – Centene Corp 39 0.11
– AMERCO 29 0.08 – Central Garden & Pet Co (non-voting rights) 9 0.03
– American Renal Associates Holdings Inc 5 0.01 – Central Garden & Pet Co (voting rights) 2 0.01
– AmerisourceBergen Corp 25 0.07 – Charles River Laboratories International Inc 20 0.06
1 Amgen Inc 133 0.38 – Chefs' Warehouse Inc 3 0.01
– AMN Healthcare Services Inc 27 0.08 – Chegg Inc 6 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 313
U.S. Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Consumer, Non-Cyclical - 19.85% (continued) Consumer, Non-Cyclical - 19.85% (continued)
– Chemed Corp 14 0.04 – Global Blood Therapeutics Inc 5 0.01
– ChemoCentryx Inc 5 0.01 – Global Payments Inc 25 0.07
– Church & Dwight Co Inc 17 0.05 – Globus Medical Inc 13 0.04
– Cigna Corp 73 0.21 – Graham Holdings Co 5 0.01
– Cimpress NV 16 0.05 – Grand Canyon Education Inc 27 0.08
– Cintas Corp 31 0.09 – Great Lakes Dredge & Dock Corp 3 0.01
1 Civeo Corp 1 – – Green Dot Corp 19 0.05
– Civitas Solutions Inc 5 0.01 – H&R Block Inc 13 0.04
– Clorox Co 36 0.10 – Hackett Group Inc 1 –
– Coca-Cola Bottling Co Consolidated 8 0.02 – Haemonetics Corp 14 0.04
3 Coca-Cola Co 133 0.38 – Hain Celestial Group Inc 1 –
– Colgate-Palmolive Co 14 0.04 – Halozyme Therapeutics Inc 5 0.01
1 Community Health Systems Inc 3 0.01 – HCA Healthcare Inc 13 0.04
1 Conagra Brands Inc 19 0.05 – Healthcare Services Group Inc 10 0.03
– Concert Pharmaceuticals Inc 3 0.01 – HealthEquity Inc 3 0.01
– CONMED Corp 8 0.02 – Heidrick & Struggles International Inc 3 0.01
– Constellation Brands Inc 28 0.08 – Helen of Troy Ltd 8 0.02
– Cooper Cos Inc 22 0.06 – Henry Schein Inc 18 0.05
– Corcept Therapeutics Inc 3 0.01 – Herbalife Nutrition Ltd 21 0.06
– CoreLogic Inc 14 0.04 – Herc Holdings Inc 8 0.02
– CorVel Corp 13 0.04 – Hershey Co 23 0.07
– CoStar Group Inc 14 0.04 – Hertz Global Holdings Inc 2 0.01
1 Coty Inc 11 0.03 – Heska Corp 2 0.01
1 Cross Country Healthcare Inc 5 0.01 – Hill-Rom Holdings Inc 16 0.05
– CryoLife Inc 3 0.01 – HMS Holdings Corp 4 0.01
1 CVS Health Corp 112 0.32 – Hologic Inc 19 0.05
– Danaher Corp 38 0.11 1 Horizon Pharma PLC 16 0.05
1 Darling Ingredients Inc 18 0.05 1 Hormel Foods Corp 38 0.11
– DaVita Inc 21 0.06 1 Hostess Brands Inc 8 0.02
1 Dean Foods Co 4 0.01 – Humana Inc 42 0.12
– Deluxe Corp 12 0.03 – Huron Consulting Group Inc 1 –
– DENTSPLY SIRONA Inc 18 0.05 – ICF International Inc 1 –
– DexCom Inc 2 0.01 – ICU Medical Inc 4 0.01
– Diplomat Pharmacy Inc 3 0.01 – IDEXX Laboratories Inc 15 0.04
– Eagle Pharmaceuticals Inc 1 – – Illumina Inc 13 0.04
– Ecolab Inc 23 0.07 – Incyte Corp 9 0.03
– Edgewell Personal Care Co 9 0.03 – Ingles Markets Inc 1 –
– Edwards Lifesciences Corp 20 0.06 – Ingredion Inc 25 0.07
– Eli Lilly & Co 54 0.15 1 Innoviva Inc 11 0.03
– Emergent BioSolutions Inc 20 0.06 – Inogen Inc 2 0.01
– Enanta Pharmaceuticals Inc 5 0.01 – Insperity Inc 9 0.03
– Encompass Health Corp 28 0.08 – Integer Holdings Corp 4 0.01
1 Endo International PLC 13 0.04 – Integra LifeSciences Holdings Corp 16 0.05
– Ensign Group Inc 12 0.03 – Inter Parfums Inc 8 0.02
– Enzo Biochem Inc – – – Intra-Cellular Therapies Inc 1 –
– Equifax Inc 20 0.06 – Intuitive Surgical Inc 17 0.05
– Estee Lauder Cos Inc 11 0.03 – Invacare Corp 2 0.01
– Euronet Worldwide Inc 21 0.06 – Ionis Pharmaceuticals Inc 3 0.01
– Evertec Inc 9 0.03 – IQVIA Holdings Inc 41 0.12
– Exact Sciences Corp 11 0.03 – J&J Snack Foods Corp 7 0.02
1 Exelixis Inc 11 0.03 – Jazz Pharmaceuticals PLC 16 0.05
1 Express Scripts Holding Co 79 0.22 – JM Smucker Co 17 0.05
– Farmer Brothers Co 1 – – John B Sanfilippo & Son Inc 1 –
– FibroGen Inc 5 0.01 2 Johnson & Johnson 320 0.91
– Five Prime Therapeutics Inc 1 – – K12 Inc 11 0.03
– FleetCor Technologies Inc 48 0.14 1 Kellogg Co 41 0.12
1 Flowers Foods Inc 17 0.05 – Kelly Services Inc 1 –
– Fresh Del Monte Produce Inc 9 0.03 – Kforce Inc 13 0.04
– FTI Consulting Inc 14 0.04 – Kimberly-Clark Corp 14 0.04
– Gartner Inc 22 0.06 – Korn/Ferry International 6 0.02
1 General Mills Inc 60 0.17 – Kraft Heinz Co 17 0.05
1 Gilead Sciences Inc 95 0.27 3 Kroger Co 85 0.24
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 314
U.S. Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Consumer, Non-Cyclical - 19.85% (continued) Consumer, Non-Cyclical - 19.85% (continued)
– Laboratory Corp of America Holdings 25 0.07 – PRA Health Sciences Inc 13 0.04
– Lamb Weston Holdings Inc 8 0.02 – Premier Inc 14 0.04
– Lancaster Colony Corp 14 0.04 – Prestige Consumer Healthcare Inc 11 0.03
– LeMaitre Vascular Inc 2 0.01 – Primo Water Corp 5 0.01
– LHC Group Inc 17 0.05 2 Procter & Gamble Co 166 0.47
– Ligand Pharmaceuticals Inc 6 0.02 – Providence Service Corp 2 0.01
– LivaNova PLC 22 0.06 – Quad/Graphics Inc 1 –
– LSC Communications Inc – – – Quanta Services Inc 13 0.04
– Luminex Corp 2 0.01 – Quest Diagnostics Inc 21 0.06
– Macquarie Infrastructure Corp 17 0.05 – Quidel Corp 6 0.02
– Magellan Health Inc 4 0.01 – RadNet Inc 2 0.01
– Mallinckrodt PLC 11 0.03 – Regeneron Pharmaceuticals Inc 12 0.03
– ManpowerGroup Inc 16 0.05 – REGENXBIO Inc 5 0.01
– MarketAxess Holdings Inc 16 0.05 – Rent-A-Center Inc 1 –
– Masimo Corp 16 0.05 – Repligen Corp 14 0.04
– Matthews International Corp 8 0.02 – ResMed Inc 18 0.05
– McCormick & Co Inc 36 0.10 – Revlon Inc 1 –
– McKesson Corp 35 0.10 – Robert Half International Inc 23 0.07
– Medifast Inc 4 0.01 – Rollins Inc 13 0.04
– MEDNAX Inc 15 0.04 – S&P Global Inc 36 0.10
– Medpace Holdings Inc 11 0.03 1 Sabre Corp 14 0.04
1 Medtronic PLC 67 0.19 – Sage Therapeutics Inc 10 0.03
2 Merck & Co Inc 149 0.42 – Sanderson Farms Inc 14 0.04
– Meridian Bioscience Inc 1 – – Sangamo Therapeutics Inc 5 0.01
– Merit Medical Systems Inc 3 0.01 – Sarepta Therapeutics Inc 10 0.03
– MGP Ingredients Inc 2 0.01 – Seaboard Corp 15 0.04
– MiMedx Group Inc 1 – – SEACOR Marine Holdings Inc – –
– Molina Healthcare Inc 19 0.05 – Seattle Genetics Inc 10 0.03
– Molson Coors Brewing Co 22 0.06 1 Select Medical Holdings Corp 18 0.05
1 Mondelez International Inc 38 0.11 – Seneca Foods Corp, Class A 1 –
– Monro Inc 6 0.02 1 Service Corp International 37 0.11
– Monster Beverage Corp 14 0.04 – ServiceMaster Global Holdings Inc 15 0.04
– Moody's Corp 24 0.07 – Simply Good Foods Co 7 0.02
– Morningstar Inc 21 0.06 – Smart & Final Stores Inc 1 –
1 Mylan NV 36 0.10 – Sotheby's 5 0.01
– Myriad Genetics Inc 2 0.01 – SP Plus Corp 1 –
– Nathan's Famous Inc 4 0.01 – SpartanNash Co 5 0.01
– National Beverage Corp 14 0.04 1 Sprouts Farmers Market Inc 15 0.04
– National HealthCare Corp 4 0.01 – Steris PLC 20 0.06
– National Research Corp 7 0.02 – Strategic Education Inc 18 0.05
– Natus Medical Inc 8 0.02 – Stryker Corp 29 0.08
– Nektar Therapeutics 12 0.03 – Supernus Pharmaceuticals Inc 9 0.03
– NeoGenomics Inc 4 0.01 – Surmodics Inc 6 0.02
– Neurocrine Biosciences Inc 2 0.01 – Syneos Health Inc 20 0.06
– Nielsen Holdings PLC 12 0.03 – Sysco Corp 20 0.06
– Nutrisystem Inc 1 – – Taro Pharmaceutical Industries Ltd 10 0.03
– NuVasive Inc 10 0.03 – Team Inc 1 –
2 OPKO Health Inc 7 0.02 – Teladoc Health Inc 5 0.01
– OraSure Technologies Inc 5 0.01 – Teleflex Inc 12 0.03
– Orthofix Medical Inc 7 0.02 – Tenet Healthcare Corp 8 0.02
– Owens & Minor Inc 1 – – Textainer Group Holdings Ltd 1 –
1 Patterson Cos Inc 14 0.04 – Thermo Fisher Scientific Inc 91 0.26
– Paylocity Holding Corp 5 0.01 – Tivity Health Inc 11 0.03
– PayPal Holdings Inc 26 0.07 – Tootsie Roll Industries Inc 2 0.01
1 PepsiCo Inc 117 0.33 – Total System Services Inc 20 0.06
– Performance Food Group Co 8 0.02 – TransUnion 16 0.05
– Perrigo Co PLC 14 0.04 – Travelport Worldwide Ltd 8 0.02
8 Pfizer Inc 362 1.03 – TreeHouse Foods Inc 15 0.04
– Phibro Animal Health Corp 2 0.01 – TriNet Group Inc 14 0.04
1 Philip Morris International Inc 44 0.13 – TrueBlue Inc 1 –
1 Pilgrim's Pride Corp 11 0.03 – Turning Point Brands Inc 5 0.01
– Post Holdings Inc 19 0.05 1 Tyson Foods Inc 35 0.10
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 315
U.S. Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Consumer, Non-Cyclical - 19.85% (continued) Energy - 5.91% (continued)
– Ultragenyx Pharmaceutical Inc 4 0.01 – Diamondback Energy Inc 28 0.08
– United Natural Foods Inc 2 0.01 – Dril-Quip Inc 11 0.03
– United Rentals Inc 29 0.08 – Eclipse Resources Corp – –
– United Therapeutics Corp 24 0.07 1 EnLink Midstream LLC 8 0.02
1 UnitedHealth Group Inc 205 0.58 2 Ensco PLC 9 0.03
– Universal Corp 9 0.03 1 EOG Resources Inc 56 0.16
– Universal Health Services Inc 26 0.07 – EP Energy Corp – –
1 US Foods Holding Corp 25 0.07 – EQT Corp 4 0.01
– US Physical Therapy Inc 2 0.01 – Equitrans Midstream Corp 4 0.01
– USANA Health Sciences Inc 11 0.03 – Exterran Corp 7 0.02
– Varex Imaging Corp 6 0.02 1 Extraction Oil & Gas Inc 3 0.01
– Varian Medical Systems Inc 14 0.04 4 Exxon Mobil Corp 321 0.91
1 Vector Group Ltd 8 0.02 – First Solar Inc 10 0.03
– Verisk Analytics Inc 31 0.09 1 Forum Energy Technologies Inc 4 0.01
– Vertex Pharmaceuticals Inc 9 0.03 1 Frank's International NV 5 0.01
– Viad Corp 1 – – FutureFuel Corp 2 0.01
– Village Super Market Inc 1 – – Green Plains Inc 1 –
– WD-40 Co 18 0.05 1 Gulfport Energy Corp 10 0.03
– Weight Watchers International Inc 11 0.03 – Hallador Energy Co 1 –
– Weis Markets Inc 7 0.02 1 Halliburton Co 19 0.05
– WellCare Health Plans Inc 17 0.05 – Helix Energy Solutions Group Inc 4 0.01
– West Pharmaceutical Services Inc 10 0.03 – Helmerich & Payne Inc 18 0.05
1 Western Union Co 18 0.05 1 Hess Corp 28 0.08
– WEX Inc 26 0.08 1 HighPoint Resources Corp 3 0.01
– Worldpay Inc 28 0.09 1 HollyFrontier Corp 34 0.10
– Xencor Inc 3 0.02 – Keane Group Inc 5 0.01
– Zimmer Biomet Holdings Inc 32 0.10 – Key Energy Services Inc 2 0.01
– Zoetis Inc 34 0.10 1 Kinder Morgan Inc 21 0.06
6,972 19.85 – KLX Energy Services Holdings Inc 2 0.01
Diversified - 0.03% 2 Kosmos Energy Ltd 11 0.03
– Spectrum Brands Holdings Inc 9 0.03 1 Laredo Petroleum Inc 5 0.01
2 Marathon Oil Corp 29 0.08
9 0.03
1 Marathon Petroleum Corp 91 0.26
Energy - 5.91%
– Matador Resources Co 11 0.03
1 Alta Mesa Resources Inc 2 0.01
– Matrix Service Co 7 0.02
1 Anadarko Petroleum Corp 35 0.10
1 McDermott International Inc 6 0.02
1 Antero Resources Corp 13 0.04
– MRC Global Inc 3 0.01
1 Apache Corp 24 0.07
1 Murphy Oil Corp 18 0.05
– Apergy Corp 9 0.03
– Murphy USA Inc 15 0.04
– Arch Coal Inc 5 0.01
2 Nabors Industries Ltd 5 0.01
1 Archrock Inc 9 0.03
1 National Oilwell Varco Inc 24 0.07
– Baker Hughes a GE Co LLC 5 0.01
1 Newfield Exploration Co 14 0.04
– Bristow Group Inc – –
– Newpark Resources Inc 1 –
1 Cabot Oil & Gas Corp 18 0.05
1 Noble Corp PLC 6 0.02
2 Callon Petroleum Co 13 0.04
1 Noble Energy Inc 23 0.07
– Carrizo Oil & Gas Inc 7 0.02
– NOW Inc 6 0.02
1 Centennial Resource Development Inc 10 0.03
1 Oasis Petroleum Inc 10 0.03
– Cheniere Energy Inc 17 0.05
1 Occidental Petroleum Corp 72 0.21
4 Chesapeake Energy Corp 10 0.03
1 Oceaneering International Inc 9 0.03
1 Chevron Corp 174 0.50
– Oil States International Inc 5 0.01
– Cimarex Energy Co 32 0.09
– ONEOK Inc 26 0.07
– Clean Energy Fuels Corp 1 –
– Pacific Ethanol Inc – –
1 CNX Resources Corp 11 0.03
– Par Pacific Holdings Inc 5 0.01
– Concho Resources Inc 31 0.09
1 Parsley Energy Inc 15 0.04
2 ConocoPhillips 126 0.36
– Pattern Energy Group Inc 7 0.02
– CONSOL Energy Inc 1 –
1 Patterson-UTI Energy Inc 10 0.03
– Continental Resources Inc 18 0.05
1 PBF Energy Inc 25 0.07
– Core Laboratories NV 10 0.03
– PDC Energy Inc 8 0.02
– CVR Energy Inc 3 0.01
1 Peabody Energy Corp 18 0.05
– Delek US Holdings Inc 14 0.04
– Penn Virginia Corp 6 0.02
3 Denbury Resources Inc 6 0.02
– Phillips 66 22 0.06
1 Devon Energy Corp 17 0.05
– Pioneer Energy Services Corp 1 –
– Diamond Offshore Drilling Inc 1 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 316
U.S. Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Energy - 5.91% (continued) Financial - 17.67% (continued)
– Pioneer Natural Resources Co 23 0.07 – Assurant Inc 20 0.06
– ProPetro Holding Corp 6 0.02 – Assured Guaranty Ltd 16 0.05
1 QEP Resources Inc 8 0.02 – Athene Holding Ltd 11 0.03
1 Range Resources Corp 13 0.04 – Atlantic Capital Bancshares Inc 2 0.01
– Renewable Energy Group Inc 5 0.01 – Axis Capital Holdings Ltd 12 0.03
– REX American Resources Corp 1 – – Axos Financial Inc 10 0.03
– Ring Energy Inc 1 – – Banc of California Inc 6 0.02
1 Rowan Cos PLC 10 0.03 – BancFirst Corp 14 0.04
– RPC Inc 3 0.01 – BancorpSouth Bank 13 0.04
1 Schlumberger Ltd 32 0.09 8 Bank of America Corp 226 0.64
– SEACOR Holdings Inc 1 – – Bank of Hawaii Corp 15 0.04
– SemGroup Corp 7 0.02 – Bank of Marin Bancorp 2 0.01
1 SM Energy Co 17 0.05 1 Bank of New York Mellon Corp 39 0.11
– SolarEdge Technologies Inc 7 0.02 – Bank of NT Butterfield & Son Ltd 8 0.02
2 Southwestern Energy Co 10 0.03 – Bank OZK 8 0.02
1 SRC Energy Inc 8 0.02 – BankFinancial Corp 1 –
– SunCoke Energy Inc 1 – – BankUnited Inc 17 0.05
– Sunrun Inc 6 0.02 – Banner Corp 13 0.04
– Superior Energy Services Inc 1 – 1 BB&T Corp 34 0.10
– Talos Energy Inc 4 0.01 – Beneficial Bancorp Inc 3 0.01
– Targa Resources Corp 10 0.03 2 Berkshire Hathaway Inc 356 1.01
– TechnipFMC PLC 11 0.03 – Berkshire Hills Bancorp Inc 9 0.03
1 TerraForm Power Inc 6 0.02 – BlackRock Inc 44 0.13
1 TETRA Technologies Inc 3 0.01 – Blucora Inc 3 0.01
1 Transocean Ltd 12 0.03 – Blue Hills Bancorp Inc 1 –
1 Ultra Petroleum Corp 2 0.01 – BOK Financial Corp 9 0.03
– Unit Corp 6 0.02 – Boston Private Financial Holdings Inc 5 0.01
– US Silica Holdings Inc 4 0.01 – Bridge Bancorp Inc 1 –
– Valero Energy Corp 38 0.11 – Brighthouse Financial Inc 12 0.03
1 W&T Offshore Inc 5 0.01 – BrightSphere Investment Group PLC 5 0.01
– Warrior Met Coal Inc 10 0.03 1 Brookline Bancorp Inc 11 0.03
– Whiting Petroleum Corp 13 0.03 1 Brown & Brown Inc 25 0.07
1 Williams Cos Inc 18 0.06 – Bryn Mawr Bank Corp 1 –
1 WPX Energy Inc 16 0.05 – Cadence BanCorp 7 0.02
2,074 5.91 – Camden National Corp 1 –
Financial - 17.67% 1 Capital One Financial Corp 53 0.15
– 1st Source Corp 11 0.03 – Capitol Federal Financial Inc 6 0.02
– Access National Corp 5 0.01 – Cass Information Systems Inc 1 –
– Affiliated Managers Group Inc 16 0.05 – Cathay General Bancorp 13 0.04
1 Aflac Inc 42 0.12 1 CBRE Group Inc 32 0.09
1 Air Lease Corp 20 0.06 – CenterState Bank Corp 11 0.03
– Aircastle Ltd 5 0.01 – Central Pacific Financial Corp 1 –
– Alleghany Corp 9 0.03 – Charles Schwab Corp 20 0.06
– Allegiance Bancshares Inc 2 0.01 – Chemical Financial Corp 15 0.04
– Alliance Data Systems Corp 16 0.05 – Chemung Financial Corp 6 0.02
– Allstate Corp 29 0.08 – Chubb Ltd 48 0.14
1 Ally Financial Inc 20 0.06 – Cincinnati Financial Corp 19 0.05
– Altisource Portfolio Solutions SA 1 – – CIT Group Inc 16 0.05
– American Equity Investment Life Holding Co 11 0.03 2 Citigroup Inc 120 0.34
1 American Express Co 79 0.22 1 Citizens Financial Group Inc 30 0.09
– American Financial Group Inc 18 0.05 – City Holding Co 1 –
1 American International Group Inc 34 0.10 – CME Group Inc 28 0.08
– American National Insurance Co 13 0.04 – CNB Financial Corp 1 –
– Ameriprise Financial Inc 48 0.14 – Cohen & Steers Inc 12 0.03
– Ameris Bancorp 6 0.02 – Columbia Banking System Inc 11 0.03
– Aon PLC 35 0.10 – Comerica Inc 23 0.07
1 Arch Capital Group Ltd 24 0.07 – Commerce Bancshares Inc 19 0.05
– Argo Group International Holdings Ltd 14 0.04 – Community Bank System Inc 11 0.03
– Arthur J Gallagher & Co 26 0.07 – Community Trust Bancorp Inc 7 0.02
– Artisan Partners Asset Management Inc 5 0.01 – ConnectOne Bancorp Inc 1 –
– Aspen Insurance Holdings Ltd 14 0.04 – Crawford & Co 1 –
1 Associated Banc-Corp 13 0.04 – Credit Acceptance Corp 27 0.08
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 317
U.S. Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Financial - 17.67% (continued) Financial - 17.67% (continued)
– Cullen/Frost Bankers Inc 16 0.05 – Greenhill & Co Inc 1 –
– Customers Bancorp Inc 6 0.02 – Greenlight Capital Re Ltd 1 –
1 CVB Financial Corp 14 0.04 – Guaranty Bancorp 1 –
– Diamond Hill Investment Group Inc 4 0.01 – Hamilton Lane Inc 8 0.02
1 Discover Financial Services 69 0.20 1 Hancock Whitney Corp 21 0.06
– Donegal Group Inc 2 0.01 – Hanmi Financial Corp 6 0.02
1 E*TRADE Financial Corp 27 0.08 – Hanover Insurance Group Inc 16 0.05
– Eagle Bancorp Inc 2 0.01 1 Hartford Financial Services Group Inc 46 0.13
– East West Bancorp Inc 23 0.07 – HCI Group Inc 2 0.01
– Eaton Vance Corp 13 0.04 – Heartland Financial USA Inc 8 0.02
– Ellie Mae Inc 6 0.02 – Heritage Commerce Corp 1 –
– EMC Insurance Group Inc 1 – – Heritage Financial Corp 2 0.01
– Employers Holdings Inc 12 0.03 – Heritage Insurance Holdings Inc 2 0.01
– Encore Capital Group Inc 2 0.01 – HFF Inc 11 0.03
– Enova International Inc 3 0.01 – Hilltop Holdings Inc 3 0.01
– Enstar Group Ltd 10 0.03 – Hingham Institution for Savings 2 0.01
– Enterprise Bancorp Inc 2 0.01 1 Home BancShares Inc 15 0.04
– Enterprise Financial Services Corp 6 0.02 – HomeStreet Inc 6 0.02
– Erie Indemnity Co 1 – 1 Hope Bancorp Inc 9 0.03
– Essent Group Ltd 13 0.04 – Horace Mann Educators Corp 10 0.03
– Evercore Inc 12 0.03 – Horizon Bancorp Inc 1 –
– Everest Re Group Ltd 18 0.05 – Houlihan Lokey Inc 2 0.01
– Farmers National Banc Corp 2 0.01 – Howard Hughes Corp 13 0.04
– FB Financial Corp 5 0.01 2 Huntington Bancshares Inc 30 0.09
– FBL Financial Group Inc 7 0.02 – Iberiabank Corp 12 0.03
– FCB Financial Holdings Inc 4 0.01 – Independent Bank Corp 6 0.02
– Federal Agricultural Mortgage Corp 9 0.03 – Independent Bank Group Inc 11 0.03
1 Federated Investors Inc 14 0.04 – Interactive Brokers Group Inc 21 0.06
2 Fifth Third Bancorp 52 0.15 – Intercontinental Exchange Inc 30 0.09
– Financial Institutions Inc 2 0.01 – International Bancshares Corp 14 0.04
– First American Financial Corp 17 0.05 1 Invesco Ltd 12 0.03
– First BanCorp (Puerto Rico) 2 0.01 1 Investors Bancorp Inc 13 0.04
– First Bancorp (Southern Pines NC) 7 0.02 – James River Group Holdings Ltd 1 –
– First Busey Corp 12 0.03 1 Janus Henderson Group PLC 13 0.04
– First Citizens BancShares Inc 19 0.05 1 Jefferies Financial Group Inc 18 0.05
1 First Commonwealth Financial Corp 13 0.04 – Jones Lang LaSalle Inc 17 0.05
– First Community Bankshares Inc 2 0.01 4 JPMorgan Chase & Co 428 1.22
– First Defiance Financial Corp 5 0.01 1 Kearny Financial Corp 8 0.02
1 First Financial Bancorp 15 0.04 – Kemper Corp 15 0.04
– First Financial Bankshares Inc 20 0.06 1 Kennedy-Wilson Holdings Inc 10 0.03
– First Financial Corp 1 – 1 KeyCorp 23 0.07
– First Foundation Inc 2 0.01 – Kinsale Capital Group Inc 6 0.02
1 First Hawaiian Inc 17 0.05 2 Ladenburg Thalmann Financial Services Inc 4 0.01
1 First Horizon National Corp 13 0.04 – Lakeland Bancorp Inc 1 –
– First Interstate BancSystem Inc 14 0.04 – Lakeland Financial Corp 7 0.02
– First Merchants Corp 13 0.04 – Lazard Ltd 14 0.04
– First Midwest Bancorp Inc 9 0.03 – LegacyTexas Financial Group Inc 5 0.01
– First of Long Island Corp 2 0.01 – Legg Mason Inc 10 0.03
– First Republic Bank 23 0.07 2 LendingClub Corp 7 0.02
– Flagstar Bancorp Inc 14 0.04 – LendingTree Inc 7 0.02
– Flushing Financial Corp 1 – – Lincoln National Corp 20 0.06
1 FNB Corp 18 0.05 – Live Oak Bancshares Inc 3 0.01
– FNF Group 16 0.05 – Loews Corp 21 0.06
1 Franklin Resources Inc 38 0.11 – LPL Financial Holdings Inc 27 0.08
1 Fulton Financial Corp 14 0.04 – M&T Bank Corp 54 0.15
– German American Bancorp Inc 1 – – Maiden Holdings Ltd – –
– Glacier Bancorp Inc 13 0.04 – Marcus & Millichap Inc 10 0.03
– Global Indemnity Ltd 1 – – Markel Corp 26 0.07
– Goldman Sachs Group Inc 73 0.21 – Marsh & McLennan Cos Inc 32 0.09
– Great Southern Bancorp Inc 1 – 1 Mastercard Inc 131 0.37
– Great Western Bancorp Inc 8 0.02 – MB Financial Inc 5 0.01
– Green Bancorp Inc 2 0.01 – McGrath RentCorp 8 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 318
U.S. Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Financial - 17.67% (continued) Financial - 17.67% (continued)
– Mercantile Bank Corp 1 – – Renasant Corp 11 0.03
– Mercury General Corp 20 0.06 – Republic Bancorp Inc 2 0.01
– Meridian Bancorp Inc 1 – – Republic First Bancorp Inc 2 0.01
– Meta Financial Group Inc 1 – – RLI Corp 6 0.02
1 MetLife Inc 29 0.08 – RMR Group Inc 2 0.01
– Midland States Bancorp Inc 6 0.02 – S&T Bancorp Inc 8 0.02
– MidWestOne Financial Group Inc 2 0.01 – Safety Insurance Group Inc 1 –
– Moelis & Co 11 0.03 – Sandy Spring Bancorp Inc 1 –
1 Morgan Stanley 62 0.18 1 Santander Consumer USA Holdings Inc 23 0.07
– Mr Cooper Group Inc 3 0.01 – Seacoast Banking Corp of Florida 7 0.02
– Nasdaq Inc 20 0.06 – SEI Investments Co 18 0.05
– National Bank Holdings Corp 7 0.02 – Selective Insurance Group Inc 16 0.05
– National Commerce Corp 6 0.02 – ServisFirst Bancshares Inc 10 0.03
1 National General Holdings Corp 16 0.05 – Signature Bank 19 0.05
– National Western Life Group Inc 5 0.01 1 Simmons First National Corp 15 0.04
1 Navient Corp 12 0.03 1 SLM Corp 15 0.04
– Navigators Group Inc 11 0.03 – South State Corp 5 0.01
– NBT Bancorp Inc 9 0.03 – Southside Bancshares Inc 7 0.02
– Nelnet Inc 9 0.03 – State Auto Financial Corp 1 –
1 New York Community Bancorp Inc 12 0.03 – State Bank Financial Corp 1 –
– NMI Holdings Inc 3 0.01 – State Street Corp 29 0.08
– Northern Trust Corp 40 0.11 1 Sterling Bancorp 15 0.04
– Northfield Bancorp Inc 1 – – Stewart Information Services Corp 1 –
1 Northwest Bancshares Inc 13 0.04 – Stifel Financial Corp 5 0.01
– OceanFirst Financial Corp 3 0.01 – Stock Yards Bancorp Inc 1 –
– Ocwen Financial Corp 1 – 1 SunTrust Banks Inc 38 0.11
– OFG Bancorp 2 0.01 – SVB Financial Group 20 0.06
– Old Line Bancshares Inc 5 0.01 2 Synchrony Financial 54 0.15
1 Old National Bancorp 12 0.03 – Synovus Financial Corp 15 0.04
1 Old Republic International Corp 17 0.05 – T Rowe Price Group Inc 48 0.14
– OneMain Holdings Inc 15 0.04 1 TCF Financial Corp 17 0.05
– Opus Bank 5 0.01 – TD Ameritrade Holding Corp 5 0.01
– Oritani Financial Corp 6 0.02 – Territorial Bancorp Inc 2 0.01
– Pacific Premier Bancorp Inc 6 0.02 – Texas Capital Bancshares Inc 11 0.03
– PacWest Bancorp 8 0.02 – TFS Financial Corp 5 0.01
– Park National Corp 1 – 1 Third Point Reinsurance Ltd 6 0.02
– PennyMac Financial Services Inc 1 – – Tiptree Inc 2 0.01
1 People's United Financial Inc 21 0.06 – Tompkins Financial Corp 3 0.01
– People's Utah Bancorp 2 0.01 – Torchmark Corp 20 0.06
– Peoples Bancorp Inc 2 0.01 – Towne Bank 3 0.01
– Pinnacle Financial Partners Inc 23 0.07 – Travelers Cos Inc 50 0.14
– Piper Jaffray Cos 5 0.01 – TriCo Bancshares 7 0.02
– PNC Financial Services Group Inc 51 0.15 – TriState Capital Holdings Inc 2 0.01
– Popular Inc 21 0.06 – Triumph Bancorp Inc 3 0.01
– PRA Group Inc 8 0.02 1 TrustCo Bank Corp NY 6 0.02
– Preferred Bank 1 – – Trustmark Corp 12 0.03
– Primerica Inc 24 0.07 – UMB Financial Corp 13 0.04
1 Principal Financial Group Inc 35 0.10 1 Umpqua Holdings Corp 11 0.03
– ProAssurance Corp 10 0.03 – Union Bankshares Corp 3 0.01
1 Progressive Corp 46 0.13 1 United Bankshares Inc 23 0.07
– Prosperity Bancshares Inc 15 0.04 – United Community Banks Inc 12 0.03
– Protective Insurance Corp 1 – – United Community Financial Corp 2 0.01
– Provident Financial Services Inc 3 0.01 – United Financial Bancorp Inc 6 0.02
– Prudential Financial Inc 30 0.09 – United Fire Group Inc 8 0.02
– QCR Holdings Inc 2 0.01 – Universal Insurance Holdings Inc 8 0.02
– Rafael Holdings Inc – – – Univest Corp of Pennsylvania 1 –
– Raymond James Financial Inc 15 0.04 1 Unum Group 26 0.07
– RE/MAX Holdings Inc 1 – 1 US Bancorp 68 0.19
1 Realogy Holdings Corp 11 0.03 1 Valley National Bancorp 12 0.03
2 Regions Financial Corp 41 0.12 – Veritex Holdings Inc 2 0.01
– Reinsurance Group of America Inc 19 0.05 – Virtu Financial Inc 10 0.03
– RenaissanceRe Holdings Ltd 16 0.05 – Virtus Investment Partners Inc 1 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 319
U.S. Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Financial - 17.67% (continued) Industrial - 13.01% (continued)
1 Visa Inc 124 0.35 1 AVX Corp 13 0.04
– Voya Financial Inc 18 0.05 – Axon Enterprise Inc 2 0.01
– Waddell & Reed Financial Inc 3 0.01 – AZZ Inc 4 0.01
– Walker & Dunlop Inc 7 0.02 – Babcock & Wilcox Enterprises Inc – –
– Washington Federal Inc 10 0.03 – Badger Meter Inc 18 0.05
– Washington Trust Bancorp Inc 1 – 1 Ball Corp 32 0.09
– Waterstone Financial Inc 1 – – Barnes Group Inc 10 0.03
– Webster Financial Corp 16 0.05 – Belden Inc 16 0.05
5 Wells Fargo & Co 274 0.78 – Bemis Co Inc 20 0.06
– WesBanco Inc 11 0.03 – Benchmark Electronics Inc 8 0.02
– Westamerica Bancorporation 8 0.02 1 Berry Global Group Inc 26 0.07
– Western Alliance Bancorp 16 0.05 – Boise Cascade Co 11 0.03
– Westwood Holdings Group Inc 1 – – Brady Corp 5 0.01
– White Mountains Insurance Group Ltd 15 0.03 – Briggs & Stratton Corp 6 0.02
– Willis Towers Watson PLC 41 0.11 – Builders FirstSource Inc 6 0.02
– Wintrust Financial Corp 16 0.04 – BWX Technologies Inc 12 0.03
– WisdomTree Investments Inc 1 – – Cactus Inc 5 0.01
– World Acceptance Corp 6 0.01 – Carlisle Cos Inc 19 0.05
– WR Berkley Corp 24 0.06 – Casella Waste Systems Inc 5 0.01
– WSFS Financial Corp 8 0.01 1 Caterpillar Inc 108 0.31
– Zions Bancorporation 24 0.06 – CECO Environmental Corp 1 –
6,205 17.67 – CH Robinson Worldwide Inc 23 0.07
Industrial - 13.01% – Chart Industries Inc 9 0.03
– 3M Co 94 0.27 – Chase Corp 11 0.03
– AAON Inc 18 0.05 – CIRCOR International Inc 1 –
– Acuity Brands Inc 19 0.05 – Clean Harbors Inc 18 0.05
– Advanced Disposal Services Inc 8 0.02 – Cognex Corp 15 0.04
– Advanced Drainage Systems Inc 7 0.02 – Coherent Inc 13 0.04
– AECOM 16 0.05 1 Colfax Corp 14 0.04
– Aegion Corp 4 0.01 – Columbus McKinnon Corp 1 –
– Aerojet Rocketdyne Holdings Inc 15 0.04 – Comfort Systems USA Inc 16 0.05
– Aerovironment Inc 4 0.01 – Comtech Telecommunications Corp 5 0.01
– AGCO Corp 15 0.04 – Continental Building Products Inc 12 0.03
– Agilent Technologies Inc 21 0.06 1 Corning Inc 42 0.12
1 Air Transport Services Group Inc 10 0.03 1 Costamare Inc 5 0.01
– Alamo Group Inc 2 0.01 1 Covanta Holding Corp 14 0.04
– Alarm.com Holdings Inc 5 0.01 – Crane Co 23 0.07
– Albany International Corp 5 0.01 – Crown Holdings Inc 22 0.06
– Allegion PLC 28 0.08 – CSW Industrials Inc 3 0.01
– American Outdoor Brands Corp – – 1 CSX Corp 49 0.14
– American Railcar Industries Inc 3 0.01 – Cummins Inc 46 0.13
– American Woodmark Corp 9 0.03 – Curtiss-Wright Corp 18 0.05
– AMETEK Inc 21 0.06 – Deere & Co 39 0.11
– Amphenol Corp 40 0.11 2 DHT Holdings Inc 8 0.02
– AO Smith Corp 12 0.03 – Donaldson Co Inc 23 0.07
– Apogee Enterprises Inc 8 0.02 – Dorian LPG Ltd 1 –
– Applied Industrial Technologies Inc 13 0.04 – Dover Corp 40 0.11
– AptarGroup Inc 27 0.08 – Ducommun Inc 3 0.01
– AquaVenture Holdings Ltd 6 0.02 – Dycom Industries Inc 11 0.03
– ArcBest Corp 7 0.02 1 Eagle Bulk Shipping Inc 5 0.01
1 Arconic Inc 16 0.05 – Eagle Materials Inc 12 0.03
– Arcosa Inc 4 0.01 – Eaton Corp PLC 33 0.09
– Argan Inc 4 0.01 – Echo Global Logistics Inc 1 –
– Armstrong Flooring Inc 1 – – EMCOR Group Inc 18 0.05
– Armstrong World Industries Inc 18 0.05 1 Emerson Electric Co 39 0.11
– Arrow Electronics Inc 24 0.07 – Encore Wire Corp 1 –
– Astec Industries Inc 1 – – Energizer Holdings Inc 5 0.01
– Astronics Corp, Class A 1 – – EnerSys 12 0.03
– Astronics Corp, Class B – – – EnPro Industries Inc 6 0.02
– Atkore International Group Inc 9 0.03 – ESCO Technologies Inc 4 0.01
– Atlas Air Worldwide Holdings Inc 13 0.04 – Esterline Technologies Corp 8 0.02
– Avnet Inc 13 0.04 – Expeditors International of Washington Inc 19 0.05
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 320
U.S. Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Industrial - 13.01% (continued) Industrial - 13.01% (continued)
– Exponent Inc 12 0.03 – JB Hunt Transport Services Inc 18 0.05
– Fabrinet 2 0.01 – Jeld Wen Holding Inc 4 0.01
– FARO Technologies Inc 2 0.01 – John Bean Technologies Corp 12 0.03
– Federal Signal Corp 7 0.02 1 Johnson Controls International PLC 36 0.10
– FedEx Corp 96 0.27 – Kadant Inc 7 0.02
1 Fitbit Inc 7 0.02 – Kansas City Southern 20 0.06
1 Flex Ltd 12 0.03 1 KBR Inc 16 0.05
– FLIR Systems Inc 22 0.06 – KEMET Corp 5 0.01
– Flowserve Corp 19 0.05 – Kennametal Inc 12 0.03
– Fluor Corp 17 0.05 – Keysight Technologies Inc 16 0.05
– Fortive Corp 32 0.09 – Kimball Electronics Inc 1 –
1 Fortune Brands Home & Security Inc 24 0.07 – Kirby Corp 18 0.05
– Forward Air Corp 8 0.02 – Knight-Swift Transportation Holdings Inc 13 0.04
– Franklin Electric Co Inc 4 0.01 1 Knowles Corp 9 0.03
– Frontdoor Inc 4 0.01 – Kratos Defense & Security Solutions Inc 2 0.01
1 Gardner Denver Holdings Inc 16 0.05 – L3 Technologies Inc 24 0.07
– Garmin Ltd 17 0.05 – Landstar System Inc 16 0.05
– GasLog Ltd 3 0.01 – Lennox International Inc 17 0.05
– GATX Corp 12 0.03 – Lincoln Electric Holdings Inc 20 0.06
– Generac Holdings Inc 17 0.05 – Lindsay Corp 1 –
7 General Electric Co 51 0.15 – Littelfuse Inc 12 0.03
– Genesee & Wyoming Inc 15 0.04 1 Louisiana-Pacific Corp 12 0.03
1 Gentex Corp 24 0.07 – Lydall Inc – –
– Gibraltar Industries Inc 6 0.02 – Manitowoc Co Inc 1 –
– Global Brass & Copper Holdings Inc 6 0.02 – Marten Transport Ltd 7 0.02
– Golden Ocean Group Ltd 2 0.01 – Martin Marietta Materials Inc 16 0.05
– GoPro Inc – – – Masco Corp 12 0.03
– Gorman-Rupp Co 2 0.01 – Masonite International Corp 5 0.01
– GP Strategies Corp 1 – – MasTec Inc 17 0.05
– Graco Inc 20 0.06 – Matson Inc 10 0.03
1 GrafTech International Ltd 9 0.03 – Mesa Laboratories Inc 2 0.01
– Granite Construction Inc 13 0.04 – Mettler-Toledo International Inc 27 0.08
2 Graphic Packaging Holding Co 19 0.05 – Middleby Corp 24 0.07
– Greenbrier Cos Inc 7 0.02 1 Milacron Holdings Corp 8 0.02
– Greif Inc, Class A 13 0.04 – Mistras Group Inc 1 –
– Greif Inc, Class B 7 0.02 – Moog Inc 20 0.06
– Griffon Corp 2 0.01 – MSA Safety Inc 9 0.03
– Harris Corp 34 0.10 – Mueller Industries Inc 9 0.03
– Harsco Corp 7 0.02 – Mueller Water Products Inc 4 0.01
– Haynes International Inc 6 0.02 – Multi-Color Corp 5 0.01
1 Heartland Express Inc 13 0.04 – Myers Industries Inc 4 0.01
– HEICO Corp 9 0.03 – National Instruments Corp 8 0.02
– HEICO Corp, Class A 9 0.03 – National Presto Industries Inc 1 –
– Heritage-Crystal Clean Inc 4 0.01 – NCI Building Systems Inc 5 0.01
– Hexcel Corp 22 0.06 – NN Inc 1 –
– Hillenbrand Inc 8 0.02 – Nordson Corp 27 0.08
1 Honeywell International Inc 89 0.25 – Norfolk Southern Corp 68 0.19
– Hub Group Inc 11 0.03 – Northrop Grumman Corp 34 0.10
– Hubbell Inc 24 0.07 – Novanta Inc 14 0.04
– Hudson Technologies Inc – – – NV5 Global Inc 7 0.02
– Huntington Ingalls Industries Inc 17 0.05 – NVE Corp 2 0.01
– Hyster-Yale Materials Handling Inc 1 – – nVent Electric PLC 12 0.03
– IDEX Corp 14 0.04 – Old Dominion Freight Line Inc 27 0.08
– IES Holdings Inc 2 0.01 – Olympic Steel Inc 5 0.01
– II-VI Inc 12 0.03 – Omega Flex Inc 6 0.02
– Illinois Tool Works Inc 34 0.10 – Oshkosh Corp 12 0.03
– Ingersoll-Rand PLC 48 0.14 – OSI Systems Inc 7 0.02
– Insteel Industries Inc 1 – 1 Overseas Shipholding Group Inc 2 0.01
– International Seaways Inc 1 – – Owens Corning 14 0.04
– ITT Inc 21 0.06 1 Owens-Illinois Inc 11 0.03
1 Jabil Inc 16 0.05 – Packaging Corp of America 28 0.08
– Jacobs Engineering Group Inc 14 0.04 – Park-Ohio Holdings Corp 1 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 321
U.S. Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Industrial - 13.01% (continued) Industrial - 13.01% (continued)
– Parker-Hannifin Corp 50 0.14 1 United Technologies Corp 140 0.40
– Patrick Industries Inc 5 0.01 – Universal Display Corp 2 0.01
1 Pentair PLC 27 0.08 – Universal Forest Products Inc 4 0.01
– PerkinElmer Inc 7 0.02 – Universal Logistics Holdings Inc 6 0.02
– PGT Innovations Inc 2 0.01 – US Concrete Inc 1 –
– Plexus Corp 3 0.01 – US Ecology Inc 2 0.01
– Primoris Services Corp 1 – – USG Corp 19 0.05
– Proto Labs Inc 13 0.04 – Valmont Industries Inc 11 0.03
– Quanex Building Products Corp 1 – 1 Vishay Intertechnology Inc 16 0.05
– Raven Industries Inc 9 0.03 – VSE Corp 1 –
– Raytheon Co 46 0.13 – Vulcan Materials Co 25 0.07
– RBC Bearings Inc 6 0.02 – Wabtec Corp 17 0.05
– Regal Beloit Corp 13 0.04 – Waste Management Inc 33 0.09
1 Republic Services Inc 48 0.14 – Waters Corp 24 0.07
– Resideo Technologies Inc 2 0.01 – Watts Water Technologies Inc 13 0.04
– Rexnord Corp 10 0.03 1 Welbilt Inc 10 0.03
– Rockwell Automation Inc 36 0.10 – Werner Enterprises Inc 11 0.03
– Roper Technologies Inc 17 0.05 1 WestRock Co 24 0.07
– Ryder System Inc 8 0.02 – Woodward Inc 21 0.07
– Saia Inc 7 0.02 – Worthington Industries Inc 4 0.02
– Sanmina Corp 10 0.03 – XPO Logistics Inc 20 0.06
– Schneider National Inc 8 0.02 – Xylem Inc 23 0.07
3 Scorpio Tankers Inc 6 0.02 – YRC Worldwide Inc 2 –
– Sealed Air Corp 14 0.04 – ZAGG Inc 5 0.02
1 Sensata Technologies Holding PLC 32 0.09 4,569 13.01
1 Ship Finance International Ltd 8 0.02 Technology - 12.99%
– Silgan Holdings Inc 12 0.03 – Accenture PLC 68 0.19
– Simpson Manufacturing Co Inc 14 0.04 1 ACI Worldwide Inc 18 0.05
– Snap-on Inc 19 0.05 – Activision Blizzard Inc 21 0.06
– Sonoco Products Co 21 0.06 – Adobe Inc 33 0.09
– Spirit AeroSystems Holdings Inc 18 0.05 – Advanced Energy Industries Inc 6 0.02
– SPX Corp 2 0.01 2 Advanced Micro Devices Inc 36 0.10
– SPX FLOW Inc 8 0.02 – Agilysys Inc 6 0.02
– Standex International Corp 1 – – Akamai Technologies Inc 13 0.04
– Stanley Black & Decker Inc 31 0.09 1 Allscripts Healthcare Solutions Inc 5 0.01
– Stericycle Inc 14 0.04 – Alpha & Omega Semiconductor Ltd 1 –
– Stoneridge Inc 2 0.01 – Amdocs Ltd 21 0.06
– Summit Materials Inc 4 0.01 1 Amkor Technology Inc 9 0.03
– Sun Hydraulics Corp 6 0.02 – Analog Devices Inc 34 0.10
– SYNNEX Corp 17 0.05 – ANSYS Inc 16 0.05
– TE Connectivity Ltd 33 0.09 – Appfolio Inc 5 0.01
– Tech Data Corp 14 0.04 5 Apple Inc 886 2.52
– Teekay Corp 1 – 1 Applied Materials Inc 42 0.12
– Teledyne Technologies Inc 20 0.06 – Aspen Technology Inc 10 0.03
– Tennant Co 1 – – athenahealth Inc 14 0.04
– Terex Corp 5 0.01 – Atlassian Corp PLC 7 0.02
– Tetra Tech Inc 19 0.05 – Autodesk Inc 9 0.03
– Timken Co 11 0.03 – Axcelis Technologies Inc 6 0.02
– TimkenSteel Corp 1 – 1 Black Knight Inc 24 0.07
– TopBuild Corp 5 0.01 – Blackbaud Inc 11 0.03
– TransDigm Group Inc 17 0.05 1 Broadcom Inc 134 0.38
– Tredegar Corp 1 – – Broadridge Financial Solutions Inc 15 0.04
– Trex Co Inc 18 0.05 – Brooks Automation Inc 8 0.02
– TriMas Corp 2 0.01 – Cabot Microelectronics Corp 11 0.03
– Trimble Inc 16 0.05 – CACI International Inc 23 0.07
– Trinity Industries Inc 10 0.03 1 Cadence Design Systems Inc 23 0.07
– Trinseo SA 10 0.03 – Carbonite Inc 3 0.01
– Triumph Group Inc 2 0.01 – CDK Global Inc 15 0.04
1 TTM Technologies Inc 9 0.03 1 Cerner Corp 32 0.09
– Tutor Perini Corp 8 0.02 – Cirrus Logic Inc 11 0.03
1 Union Pacific Corp 106 0.30 1 Cision Ltd 6 0.02
1 United Parcel Service Inc 61 0.17 – Citrix Systems Inc 22 0.06
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 322
U.S. Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Technology - 12.99% (continued) Technology - 12.99% (continued)
– Cognizant Technology Solutions Corp 32 0.09 – MicroStrategy Inc 2 0.01
– Cohu Inc 3 0.01 – MKS Instruments Inc 18 0.05
– CommVault Systems Inc 5 0.01 – Monolithic Power Systems Inc 10 0.03
1 Conduent Inc 8 0.02 – Monotype Imaging Holdings Inc 1 –
– Cree Inc 14 0.04 – MSCI Inc 26 0.07
– CSG Systems International Inc 12 0.03 – MTS Systems Corp 1 –
– CTS Corp 2 0.01 – Nanometrics Inc 2 0.01
– Cubic Corp 2 0.01 – NCR Corp 9 0.03
1 Cypress Semiconductor Corp 13 0.04 – NetApp Inc 29 0.08
– Dell Technologies Inc Class V 2 0.01 – NetScout Systems Inc 10 0.03
– Diebold Nixdorf Inc – – – NextGen Healthcare Inc 2 0.01
– Diodes Inc 5 0.01 1 Nuance Communications Inc 15 0.04
– Dun & Bradstreet Corp 16 0.05 – NVIDIA Corp 43 0.12
1 DXC Technology Co 40 0.11 – Omnicell Inc 3 0.01
– Ebix Inc 6 0.02 1 ON Semiconductor Corp 15 0.04
– Electronic Arts Inc 12 0.03 – OneSpan Inc 1 –
– Electronics For Imaging Inc 7 0.02 2 Oracle Corp 83 0.24
– Engility Holdings Inc 4 0.01 1 Paychex Inc 37 0.11
1 Entegris Inc 15 0.04 – Paycom Software Inc 21 0.06
– Envestnet Inc 5 0.01 – PDF Solutions Inc 1 –
– EPAM Systems Inc 19 0.05 – Pegasystems Inc 8 0.02
– Evolent Health Inc 10 0.03 1 Perspecta Inc 18 0.05
– ExlService Holdings Inc 11 0.03 – Photronics Inc 1 –
– Fair Isaac Corp 19 0.05 1 Pitney Bowes Inc 7 0.02
– Fidelity National Information Services Inc 31 0.09 – Power Integrations Inc 2 0.01
1 First Data Corp 23 0.07 – Presidio Inc 5 0.01
– Fiserv Inc 24 0.07 – Progress Software Corp 7 0.02
– FormFactor Inc 2 0.01 – PTC Inc 2 0.01
– Fortinet Inc 15 0.04 – Qorvo Inc 14 0.04
1 Genpact Ltd 17 0.05 – QUALCOMM Inc 27 0.08
– Globant SA 9 0.03 – Qualys Inc 12 0.03
– Guidewire Software Inc 13 0.04 1 Rambus Inc 5 0.01
2 Hewlett Packard Enterprise Co 36 0.10 – RealPage Inc 8 0.02
1 HP Inc 18 0.05 – Red Hat Inc 36 0.10
– Inovalon Holdings Inc 1 – – Rudolph Technologies Inc 1 –
– Inphi Corp 1 – – salesforce.com Inc 10 0.03
– Insight Enterprises Inc 10 0.03 – Science Applications International Corp 13 0.04
– Integrated Device Technology Inc 9 0.03 1 Seagate Technology PLC 23 0.07
8 Intel Corp 374 1.06 – Semtech Corp 8 0.02
1 International Business Machines Corp 119 0.34 – Silicon Laboratories Inc 4 0.01
– Intuit Inc 41 0.12 1 Skyworks Solutions Inc 38 0.11
– IPG Photonics Corp 19 0.05 – Splunk Inc 2 0.01
– j2 Global Inc 14 0.04 – SS&C Technologies Holdings Inc 18 0.05
– Jack Henry & Associates Inc 19 0.05 – Super Micro Computer Inc 1 –
1 KeyW Holding Corp 7 0.02 – Sykes Enterprises Inc 7 0.02
– KLA-Tencor Corp 28 0.08 – Synaptics Inc 1 –
– Kulicke & Soffa Industries Inc 4 0.01 – Synchronoss Technologies Inc – –
– Lam Research Corp 59 0.17 – Synopsys Inc 18 0.05
– Leidos Holdings Inc 6 0.02 – Tableau Software Inc 11 0.03
– LivePerson Inc 5 0.01 – Take-Two Interactive Software Inc 5 0.01
– LiveRamp Holdings Inc 8 0.02 1 Teradata Corp 20 0.06
– Lumentum Holdings Inc 7 0.02 – Teradyne Inc 17 0.05
– Manhattan Associates Inc 14 0.04 1 Texas Instruments Inc 103 0.29
– ManTech International Corp 4 0.01 – TiVo Corp 1 –
1 Marvell Technology Group Ltd 13 0.04 – TTEC Holdings Inc 2 0.01
– Maxim Integrated Products Inc 24 0.07 – Tyler Technologies Inc 9 0.03
– MAXIMUS Inc 16 0.05 – Ultimate Software Group Inc 6 0.02
– MaxLinear Inc 6 0.02 1 Veeco Instruments Inc 5 0.01
– Mercury Systems Inc 9 0.03 – Veeva Systems Inc 9 0.03
– Microchip Technology Inc 21 0.06 – Verint Systems Inc 13 0.04
2 Micron Technology Inc 74 0.21 – Virtusa Corp 2 0.01
6 Microsoft Corp 621 1.77 – VMware Inc 2 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 323
U.S. Core Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Technology - 12.99% (continued) Utilities - 1.96% (continued)
– Wesco Aircraft Holdings Inc 1 – – Hawaiian Electric Industries Inc 12 0.03
1 Western Digital Corp 37 0.11 – IDACORP Inc 15 0.04
– Workday Inc 10 0.03 1 MDU Resources Group Inc 15 0.04
1 Xerox Corp 24 0.07 – MGE Energy Inc 9 0.03
– Xilinx Inc 30 0.08 – National Fuel Gas Co 13 0.04
– Xperi Corp 2 – – New Jersey Resources Corp 12 0.03
– Zebra Technologies Corp 31 0.09 – NextEra Energy Inc 26 0.07
3 Zynga Inc 13 0.02 – Northwest Natural Holding Co 4 0.01
4,565 12.99 – NorthWestern Corp 13 0.04
Utilities - 1.96% – NRG Energy Inc 8 0.02
1 AES Corp 17 0.05 – OGE Energy Corp 13 0.04
– ALLETE Inc 4 0.01 – ONE Gas Inc 14 0.04
– Alliant Energy Corp 13 0.04 – Ormat Technologies Inc 14 0.04
– Ameren Corp 9 0.03 – Otter Tail Corp 4 0.01
– American Electric Power Co Inc 10 0.03 – PG&E Corp 6 0.02
– American States Water Co 13 0.04 – PICO Holdings Inc 1 –
– American Water Works Co Inc 15 0.04 – Pinnacle West Capital Corp 17 0.05
– Aqua America Inc 7 0.02 – PNM Resources Inc 2 0.01
– Artesian Resources Corp 4 0.01 – Portland General Electric Co 13 0.04
– Atlantica Yield PLC 9 0.03 – PPL Corp 10 0.03
– Atmos Energy Corp 14 0.04 – Public Service Enterprise Group Inc 15 0.04
– Avangrid Inc 2 0.01 – SCANA Corp 1 –
– Avista Corp 8 0.02 – Sempra Energy 13 0.04
– Black Hills Corp 12 0.03 – SJW Group 1 –
– California Water Service Group 12 0.03 – South Jersey Industries Inc 10 0.03
– CenterPoint Energy Inc 12 0.03 – Southern Co 15 0.04
– Chesapeake Utilities Corp 2 0.01 – Southwest Gas Holdings Inc 8 0.02
– Clearway Energy Inc, Class A 2 0.01 – Spire Inc 9 0.03
– Clearway Energy Inc, Class C 8 0.02 – UGI Corp 13 0.04
– CMS Energy Corp 7 0.02 – Unitil Corp 2 0.01
– Connecticut Water Service Inc 1 – – Vectren Corp 5 0.01
– Consolidated Edison Inc 13 0.04 1 Vistra Energy Corp 21 0.06
– Dominion Energy Inc 15 0.04 – WEC Energy Group Inc 9 0.03
– DTE Energy Co 9 0.03 – Xcel Energy Inc 18 0.03
– Duke Energy Corp 20 0.06 691 1.96
– Edison International 13 0.04 Total Common Stock - 99.30% (30 November 2017: 99.75%) 34,876 99.30
– El Paso Electric Co 14 0.04
– Entergy Corp 14 0.04 Real Estate Investment Trust
– Evergy Inc 1 – Financial - 0.01%
– Eversource Energy 15 0.04 – CorePoint Lodging Inc 2 0.01
– Exelon Corp 20 0.06 2 0.01
– FirstEnergy Corp 15 0.04 Total Real Estate Investment Trust - 0.01% (30 November
2017: 0.00%) 2 0.01
Total Investments - 99.31% (30 November 2017: 99.75%) 34,878 99.31
% of
Net
Value (000's) Asset
USD Value
Cash and Cash Equivalents - 0.41% (30 November 2017: 0.20%) 144 0.41
Other Assets in Excess of Liabilities - 0.28% (30 November 2017:0.05%) 98 0.28
Total Net Assets 35,120 100.00
Amounts designated as “-“ are either less than $500 or less than 500 shares.
Analysis of Total Assets (unaudited) % of Total Assets
Transferable securities admitted to an official exchange listing 99.25
Current Assets 0.75
Total Assets 100.00
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 324
U.S. Small Companies Fund
Portfolio of Investments as at 30 November 2018
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock Common Stock (continued)
Basic Materials - 4.23% Basic Materials - 4.23% (continued)
3 A Schulman Inc 6 – 1 United States Lime & Minerals Inc 50 0.02
1 A-Mark Precious Metals Inc 14 0.01 3 Univar Inc 71 0.03
5 Aceto Corp 7 – 1 Universal Stainless & Alloy Products Inc 25 0.01
5 AdvanSix Inc 151 0.07 14 Valvoline Inc 298 0.15
8 AgroFresh Solutions Inc 35 0.02 2 Venator Materials PLC 9 –
26 AK Steel Holding Corp 79 0.04 4 Verso Corp 92 0.05
19 Allegheny Technologies Inc 504 0.25 6 Versum Materials Inc 215 0.11
5 American Vanguard Corp 75 0.04 8,549 4.23
3 Balchem Corp 284 0.14 Communications - 6.30%
4 Cabot Corp 219 0.11 5 1-800-Flowers.com Inc 69 0.03
4 Carpenter Technology Corp 189 0.09 1 Acacia Communications Inc 22 0.01
9 Century Aluminum Co 85 0.04 2 ADDvantage Technologies Group Inc 2 –
2 Clearwater Paper Corp 74 0.04 13 ADTRAN Inc 166 0.08
27 Cleveland-Cliffs Inc 247 0.12 2 AH Belo Corp 7 –
15 Coeur Mining Inc 57 0.03 4 AMC Networks Inc 216 0.11
13 Commercial Metals Co 260 0.13 12 ARRIS International PLC 383 0.19
3 Compass Minerals International Inc 164 0.08 2 ATN International Inc 159 0.08
8 Domtar Corp 336 0.17 1 Aviat Networks Inc 10 0.01
10 Ferro Corp 188 0.09 1 Beasley Broadcast Group Inc 7 –
17 Ferroglobe PLC 37 0.02 1 BK Technologies Inc 3 –
17 Ferroglobe Representation & Warrants Insurance
4 Black Box Corp 4 –
Trust – –
6 Boingo Wireless Inc 160 0.08
2 Friedman Industries Inc 14 0.01
– Boston Omaha Corp 12 0.01
6 GCP Applied Technologies Inc 165 0.08
– Cable One Inc 199 0.10
8 Gold Resource Corp 31 0.01
5 CalAmp Corp 84 0.04
2 Hawkins Inc 79 0.04
9 Calix Inc 91 0.05
6 HB Fuller Co 266 0.13
6 Cars.com Inc 151 0.07
35 Hecla Mining Co 82 0.04
7 Central European Media Enterprises Ltd 23 0.01
2 Ingevity Corp 175 0.09
14 Ciena Corp 451 0.22
2 Innophos Holdings Inc 58 0.03
7 Cincinnati Bell Inc 82 0.04
3 Innospec Inc 194 0.10
6 Clear Channel Outdoor Holdings Inc 33 0.02
14 Intrepid Potash Inc 47 0.02
2 Clearfield Inc 21 0.01
2 Kaiser Aluminum Corp 161 0.08
5 Cogent Communications Holdings Inc 243 0.12
2 Koppers Holdings Inc 37 0.02
2 Communications Systems Inc 4 –
4 Kraton Corp 95 0.05
7 Consolidated Communications Holdings Inc 92 0.05
8 Kronos Worldwide Inc 100 0.05
9 DHI Group Inc 16 0.01
3 Landec Corp 53 0.03
2 EchoStar Corp 68 0.03
2 Materion Corp 119 0.06
7 Endurance International Group Holdings Inc 55 0.03
6 Mercer International Inc 77 0.04
8 Entercom Communications Corp 51 0.03
3 Minerals Technologies Inc 182 0.09
11 Entravision Communications Corp 34 0.02
2 Neenah Inc 125 0.06
1 ePlus Inc 123 0.06
1 Northern Technologies International Corp 21 0.01
9 EW Scripps Co 151 0.07
– Oil-Dri Corp of America 8 –
2 Extreme Networks Inc 11 0.01
21 Olin Corp 448 0.22
11 Finisar Corp 248 0.12
9 OMNOVA Solutions Inc 72 0.04
2 Frequency Electronics Inc 21 0.01
1 Orchids Paper Products Co 2 –
7 FTD Cos Inc 15 0.01
5 PH Glatfelter Co 67 0.03
11 Gannett Co Inc 116 0.06
25 Platform Specialty Products Corp 296 0.15
1 GCI Liberty Inc 70 0.03
8 PolyOne Corp 262 0.13
2 Global Eagle Entertainment Inc 5 –
3 PQ Group Holdings Inc 47 0.02
8 Gray Television Inc 154 0.08
1 Quaker Chemical Corp 267 0.13
40 Groupon Inc 124 0.06
7 Rayonier Advanced Materials Inc 96 0.05
5 GTT Communications Inc 156 0.08
6 Resolute Forest Products Inc 71 0.03
13 Harmonic Inc 74 0.04
2 Rogers Corp 235 0.12
1 Harte-Hanks Inc 2 –
7 Ryerson Holding Corp 56 0.03
4 HealthStream Inc 88 0.04
4 Schnitzer Steel Industries Inc 116 0.06
2 Hemisphere Media Group Inc 27 0.01
3 Schweitzer-Mauduit International Inc 80 0.04
12 Houghton Mifflin Harcourt Co 121 0.06
4 Sensient Technologies Corp 264 0.13
2 ID Systems Inc 11 0.01
5 Shiloh Industries Inc 39 0.02
7 IDT Corp 58 0.03
2 Stepan Co 189 0.09
2 Imperva Inc 131 0.07
8 Tronox Ltd 82 0.04
14 Infinera Corp 60 0.03
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 325
U.S. Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Communications - 6.30% (continued) Communications - 6.30% (continued)
10 Intelsat SA 262 0.13 – Tucows Inc 14 0.01
3 InterDigital Inc 251 0.12 3 United States Cellular Corp 171 0.08
3 Internap Corp 19 0.01 5 Urban One Inc 11 0.01
9 Iridium Communications Inc 227 0.11 8 US Auto Parts Network Inc 9 –
5 John Wiley & Sons Inc 253 0.13 – Value Line Inc 3 –
3 KVH Industries Inc 30 0.01 2 ViaSat Inc 146 0.07
2 Leaf Group Ltd 15 0.01 15 Viavi Solutions Inc 152 0.08
4 Lee Enterprises Inc 8 – 21 Vonage Holdings Corp 224 0.11
4 Liberty Expedia Holdings Inc 181 0.09 1 World Wrestling Entertainment Inc 58 0.03
5 Liberty Latin America Ltd 90 0.04 4 XO Group Inc 135 0.07
12 Liberty Latin America Ltd, Class C 216 0.11 6 Yelp Inc 190 0.09
6 LightPath Technologies Inc 12 0.01 8 Zix Corp 57 0.03
19 Limelight Networks Inc 62 0.03 12,714 6.30
4 Liquidity Services Inc 29 0.01 Consumer, Cyclical - 15.69%
1 LogMeIn Inc 118 0.06 9 Abercrombie & Fitch Co 187 0.09
12 Marchex Inc 37 0.02 3 Acushnet Holdings Corp 71 0.04
1 McClatchy Co 4 – 7 Adient PLC 160 0.08
14 Meet Group Inc 55 0.03 3 Allegiant Travel Co 413 0.20
4 Meredith Corp 234 0.12 7 Altra Industrial Motion Corp 205 0.10
1 Mimecast Ltd 54 0.03 3 AMC Entertainment Holdings Inc 37 0.02
5 MSG Networks Inc 145 0.07 1 America's Car-Mart Inc 109 0.05
6 NeoPhotonics Corp 50 0.02 16 American Axle & Manufacturing Holdings Inc 195 0.10
3 NETGEAR Inc 190 0.09 21 American Eagle Outfitters Inc 437 0.22
5 New Media Investment Group Inc 67 0.03 1 AMREP Corp 7 –
15 New York Times Co 406 0.20 4 Anixter International Inc 268 0.13
5 Nexstar Media Group Inc 416 0.21 – Ark Restaurants Corp 2 –
7 NIC Inc 89 0.04 3 Asbury Automotive Group Inc 233 0.12
10 Oclaro Inc 79 0.04 27 Ascena Retail Group Inc 82 0.04
1 Optical Cable Corp 4 – 3 At Home Group Inc 78 0.04
11 ORBCOMM Inc 103 0.05 10 AutoNation Inc 382 0.19
2 Overstock.com Inc 44 0.02 9 Barnes & Noble Education Inc 63 0.03
2 PC-Tel Inc 9 – 18 Barnes & Noble Inc 134 0.07
1 pdvWireless Inc 28 0.01 1 Bassett Furniture Industries Inc 29 0.01
5 Perficient Inc 131 0.07 8 BBX Capital Corp 54 0.03
4 Plantronics Inc 171 0.08 7 Beacon Roofing Supply Inc 246 0.12
1 Preformed Line Products Co 35 0.02 2 Beazer Homes USA Inc 19 0.01
2 Quantenna Communications Inc 33 0.02 13 Bed Bath & Beyond Inc 164 0.08
5 QuinStreet Inc 88 0.04 11 Belmond Ltd 201 0.10
5 RealNetworks Inc 12 0.01 3 Big 5 Sporting Goods Corp 11 0.01
– RF Industries Ltd 2 – 4 Big Lots Inc 187 0.09
9 Ribbon Communications Inc 50 0.02 – Biglari Holdings Inc, Class A 13 0.01
2 RigNet Inc 32 0.02 – Biglari Holdings Inc, Class B 36 0.02
17 Rubicon Project Inc 75 0.04 2 BJ's Restaurants Inc 132 0.07
1 Saga Communications Inc 22 0.01 11 Bloomin' Brands Inc 211 0.10
3 Salem Media Group Inc 9 – 2 Blue Bird Corp 34 0.02
3 Scholastic Corp 135 0.07 4 BMC Stock Holdings Inc 76 0.04
7 Shenandoah Telecommunications Co 328 0.16 4 Bojangles' Inc 68 0.03
4 Shutterfly Inc 204 0.10 3 Boot Barn Holdings Inc 74 0.04
3 Shutterstock Inc 113 0.06 1 Boyd Gaming Corp 35 0.02
7 Sinclair Broadcast Group Inc 209 0.10 5 Brinker International Inc 239 0.12
3 Spok Holdings Inc 40 0.02 4 Buckle Inc 73 0.04
1 Stamps.com Inc 197 0.10 5 Build-A-Bear Workshop Inc 29 0.01
5 TechTarget Inc 79 0.04 4 Caleres Inc 127 0.06
16 TEGNA Inc 215 0.11 9 Callaway Golf Co 161 0.08
8 Telaria Inc 24 0.01 1 Camping World Holdings Inc 14 0.01
10 Telephone & Data Systems Inc 359 0.18 4 Cannae Holdings Inc 73 0.04
1 TESSCO Technologies Inc 12 0.01 6 Carrols Restaurant Group Inc 62 0.03
1 Trade Desk Inc 111 0.06 1 Casey's General Stores Inc 177 0.09
1 Travelzoo 13 0.01 3 Cato Corp 52 0.03
7 Tribune Media Co 288 0.14 1 Cavco Industries Inc 146 0.07
4 Tribune Publishing Co 58 0.03 1 Century Casinos Inc 8 –
3 TrueCar Inc 28 0.01 3 Century Communities Inc 71 0.04
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 326
U.S. Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Consumer, Cyclical - 15.69% (continued) Consumer, Cyclical - 15.69% (continued)
5 Cheesecake Factory Inc 220 0.11 7 Guess? Inc 176 0.09
15 Chico's FAS Inc 79 0.04 5 H&E Equipment Services Inc 102 0.05
2 Children's Place Inc 263 0.13 2 Habit Restaurants Inc 26 0.01
4 Choice Hotels International Inc 290 0.14 1 Hamilton Beach Brands Holding Co 27 0.01
– Churchill Downs Inc 107 0.05 2 Haverty Furniture Cos Inc 48 0.02
3 Chuy's Holdings Inc 63 0.03 6 Hawaiian Holdings Inc 234 0.12
2 Citi Trends Inc 44 0.02 6 Herman Miller Inc 209 0.10
4 Commercial Vehicle Group Inc 26 0.01 2 Hibbett Sports Inc 36 0.02
3 Conn's Inc 88 0.04 1 Hilton Grand Vacations Inc 29 0.01
3 Container Store Group Inc 17 0.01 5 HNI Corp 181 0.09
5 Cooper Tire & Rubber Co 183 0.09 2 Hooker Furniture Corp 50 0.03
2 Cooper-Standard Holdings Inc 121 0.06 4 Horizon Global Corp 7 –
1 Copa Holdings SA 60 0.03 3 Houston Wire & Cable Co 17 0.01
5 Core-Mark Holding Co Inc 135 0.07 3 Huttig Building Products Inc 7 –
1 Cracker Barrel Old Country Store Inc 233 0.12 5 IMAX Corp 84 0.04
12 Crocs Inc 337 0.17 2 Installed Building Products Inc 94 0.05
2 Culp Inc 41 0.02 8 Interface Inc 127 0.06
7 Daktronics Inc 60 0.03 3 iRobot Corp 258 0.13
13 Dana Inc 188 0.09 2 J Alexander's Holdings Inc 24 0.01
4 Dave & Buster's Entertainment Inc 224 0.11 3 J. Jill Inc 17 0.01
4 Deckers Outdoor Corp 489 0.24 3 Jack in the Box Inc 284 0.14
4 Del Frisco's Restaurant Group Inc 25 0.01 2 JAKKS Pacific Inc 6 –
4 Del Taco Restaurants Inc 47 0.02 15 JC Penney Co Inc 21 0.01
1 Delphi Technologies PLC 20 0.01 1 Johnson Outdoors Inc 88 0.04
– Delta Apparel Inc 7 – 8 KB Home 165 0.08
8 Denny's Corp 135 0.07 6 Kimball International Inc 96 0.05
1 Destination Maternity Corp 5 – 3 Kirkland's Inc 31 0.02
6 Destination XL Group Inc 17 0.01 6 Knoll Inc 109 0.05
8 Dick's Sporting Goods Inc 283 0.14 1 Kona Grill Inc 2 –
1 Dillard's Inc 69 0.03 5 La-Z-Boy Inc 145 0.07
1 Dine Brands Global Inc 51 0.03 1 Lakeland Industries Inc 14 0.01
2 Dixie Group Inc 2 – 3 LCI Industries 198 0.10
3 Dorman Products Inc 295 0.15 – LGI Homes Inc 20 0.01
3 Douglas Dynamics Inc 127 0.06 7 Libbey Inc 44 0.02
2 Dover Motorsports Inc 4 – 8 Liberty TripAdvisor Holdings Inc 147 0.07
10 Drive Shack Inc 49 0.02 2 Lifetime Brands Inc 30 0.02
7 DSW Inc 193 0.10 5 Lindblad Expeditions Holdings Inc 69 0.03
2 Duluth Holdings Inc 55 0.03 4 Lions Gate Entertainment Corp, Class A 87 0.04
3 El Pollo Loco Holdings Inc 50 0.03 10 Lions Gate Entertainment Corp, Class B 175 0.09
6 Eldorado Resorts Inc 273 0.14 3 Lithia Motors Inc 214 0.11
5 Essendant Inc 59 0.03 5 Luby's Inc 8 –
4 Ethan Allen Interiors Inc 84 0.04 1 Lumber Liquidators Holdings Inc 18 0.01
10 Express Inc 64 0.03 3 M/I Homes Inc 64 0.03
9 Ezcorp Inc 81 0.04 3 Malibu Boats Inc 144 0.07
1 Famous Dave's of America Inc 8 – 2 Marcus Corp 94 0.05
3 Fiesta Restaurant Group Inc 65 0.03 3 Marine Products Corp 62 0.03
5 FirstCash Inc 484 0.24 3 MarineMax Inc 60 0.03
5 Five Below Inc 528 0.26 5 Marriott Vacations Worldwide Corp 398 0.20
1 Flexsteel Industries Inc 24 0.01 2 MasterCraft Boat Holdings Inc 59 0.03
1 Floor & Decor Holdings Inc 28 0.01 6 MDC Holdings Inc 169 0.08
3 Fossil Group Inc 57 0.03 4 Meritage Homes Corp 164 0.08
4 Fox Factory Holding Corp 284 0.14 11 Meritor Inc 174 0.09
6 Francesca's Holdings Corp 11 0.01 4 Methode Electronics Inc 125 0.06
4 Fred's Inc 12 0.01 16 Michaels Cos Inc 276 0.14
5 G-III Apparel Group Ltd 200 0.10 2 Miller Industries Inc 50 0.02
1 Gaia Inc 18 0.01 5 Mobile Mini Inc 213 0.11
9 GameStop Corp 126 0.06 6 Modine Manufacturing Co 75 0.04
4 Genesco Inc 147 0.07 3 Motorcar Parts of America Inc 62 0.03
4 Gentherm Inc 170 0.08 2 Movado Group Inc 70 0.03
3 GMS Inc 49 0.02 12 National CineMedia Inc 85 0.04
5 Green Brick Partners Inc 38 0.02 1 National Vision Holdings Inc 49 0.02
2 Group 1 Automotive Inc 116 0.06 5 Nautilus Inc 70 0.04
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 327
U.S. Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Consumer, Cyclical - 15.69% (continued) Consumer, Cyclical - 15.69% (continued)
7 Navistar International Corp 234 0.12 10 Taylor Morrison Home Corp 167 0.08
– Nevada Gold & Casinos Inc 1 – 4 Tempur Sealy International Inc 210 0.10
3 New Home Co Inc 23 0.01 5 Tenneco Inc 159 0.08
4 Nu Skin Enterprises Inc 247 0.12 6 Texas Roadhouse Inc 383 0.19
53 Office Depot Inc 170 0.08 5 Tile Shop Holdings Inc 30 0.02
4 Ollie's Bargain Outlet Holdings Inc 372 0.18 3 Tilly's Inc 30 0.02
2 Oxford Industries Inc 123 0.06 9 Titan International Inc 58 0.03
4 Papa John's International Inc 173 0.09 3 Titan Machinery Inc 57 0.03
4 Party City Holdco Inc 51 0.03 3 Tower International Inc 98 0.05
3 PC Connection Inc 90 0.04 4 Town Sports International Holdings Inc 28 0.01
3 PCM Inc 49 0.02 5 Trans World Entertainment Corp 5 –
11 Penn National Gaming Inc 247 0.12 4 TravelCenters of America LLC 18 0.01
7 Penske Automotive Group Inc 311 0.15 16 TRI Pointe Group Inc 199 0.10
3 PetMed Express Inc 62 0.03 8 Triton International Ltd 264 0.13
11 Pier 1 Imports Inc 16 0.01 5 Tuesday Morning Corp 12 0.01
8 Planet Fitness Inc 415 0.21 5 Tupperware Brands Corp 178 0.09
5 Playa Hotels & Resorts NV 35 0.02 3 Unifi Inc 71 0.04
3 Potbelly Corp 35 0.02 2 UniFirst Corp 233 0.12
3 PriceSmart Inc 207 0.10 2 Universal Electronics Inc 61 0.03
2 RCI Hospitality Holdings Inc 38 0.02 3 Urban Outfitters Inc 126 0.06
4 Reading International Inc 54 0.03 1 Veoneer Inc 20 0.01
3 Red Lion Hotels Corp 29 0.01 5 Vera Bradley Inc 59 0.03
2 Red Robin Gourmet Burgers Inc 63 0.03 2 Veritiv Corp 54 0.03
2 Red Rock Resorts Inc 54 0.03 – Vince Holding Corp 6 –
7 Regis Corp 128 0.06 3 Virco Manufacturing Corp 14 0.01
2 REV Group Inc 25 0.01 6 Vista Outdoor Inc 66 0.03
1 RH 65 0.03 3 Visteon Corp 236 0.12
20 Rite Aid Corp 23 0.01 7 Vitamin Shoppe Inc 58 0.03
1 Rocky Brands Inc 37 0.02 5 VOXX International Corp 24 0.01
13 RTW RetailWinds Inc 43 0.02 7 Wabash National Corp 112 0.06
3 Rush Enterprises Inc 112 0.06 20 Wendy's Co 358 0.18
5 Ruth's Hospitality Group Inc 117 0.06 6 WESCO International Inc 304 0.15
12 Sally Beauty Holdings Inc 252 0.13 1 Weyco Group Inc 27 0.01
3 ScanSource Inc 98 0.05 3 William Lyon Homes 42 0.02
4 Scientific Games Corp 77 0.04 3 Wingstop Inc 180 0.09
1 Scotts Miracle-Gro Co 68 0.03 1 Winmark Corp 87 0.04
3 SeaWorld Entertainment Inc 94 0.05 3 Winnebago Industries Inc 87 0.04
– Sequential Brands Group Inc – – 10 Wolverine World Wide Inc 341 0.17
2 Shake Shack Inc 105 0.05 6 World Fuel Services Corp 150 0.07
2 Shoe Carnival Inc 77 0.04 4 Zumiez Inc 84 0.04
6 Signet Jewelers Ltd 302 0.15 31,679 15.69
2 SiteOne Landscape Supply Inc 148 0.07 Consumer, Non-Cyclical - 18.35%
2 Skyline Champion Corp 34 0.02 7 Aaron's Inc 343 0.17
5 SkyWest Inc 317 0.16 6 ABM Industries Inc 195 0.10
5 Sleep Number Corp 198 0.10 5 Acacia Research Corp 16 0.01
4 Sonic Automotive Inc 56 0.03 11 Acadia Healthcare Co Inc 361 0.18
6 Sonic Corp 241 0.12 11 ACCO Brands Corp 87 0.04
7 Spartan Motors Inc 59 0.03 18 Accuray Inc 73 0.04
5 Speedway Motorsports Inc 80 0.04 42 Achillion Pharmaceuticals Inc 121 0.06
6 Spirit Airlines Inc 392 0.19 1 Aclaris Therapeutics Inc 5 –
4 Sportsman's Warehouse Holdings Inc 19 0.01 1 Acme United Corp 10 –
6 St Joe Co 88 0.04 10 Acorda Therapeutics Inc 200 0.10
4 Stage Stores Inc 6 – – Adamas Pharmaceuticals Inc 5 –
3 Standard Motor Products Inc 146 0.07 2 Addus HomeCare Corp 175 0.09
9 Steelcase Inc 147 0.07 6 Adtalem Global Education Inc 335 0.17
9 Steven Madden Ltd 281 0.14 12 Aduro Biotech Inc 31 0.02
1 Strattec Security Corp 18 0.01 14 Adverum Biotechnologies Inc 50 0.02
2 Superior Group of Cos Inc 36 0.02 2 Aeglea BioTherapeutics Inc 17 0.01
4 Superior Industries International Inc 31 0.02 6 Affimed NV 26 0.01
4 Systemax Inc 107 0.05 1 AgeX Therapeutics Inc 4 –
7 Tailored Brands Inc 150 0.07 5 Akebia Therapeutics Inc 37 0.02
1 Tandy Leather Factory Inc 7 – 20 Akorn Inc 140 0.07
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 328
U.S. Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Consumer, Non-Cyclical - 18.35% (continued) Consumer, Non-Cyclical - 18.35% (continued)
1 Albireo Pharma Inc 20 0.01 1 Cellular Biomedicine Group Inc 27 0.01
6 Alder Biopharmaceuticals Inc 86 0.04 5 Central Garden & Pet Co (non-voting rights) 159 0.08
2 Aldeyra Therapeutics Inc 15 0.01 2 Central Garden & Pet Co (voting rights) 62 0.03
1 Alico Inc 22 0.01 4 Chefs' Warehouse Inc 158 0.08
4 AMAG Pharmaceuticals Inc 67 0.03 4 Chegg Inc 115 0.06
7 Amedisys Inc 912 0.45 1 Chemed Corp 165 0.08
4 American Public Education Inc 126 0.06 3 ChemoCentryx Inc 32 0.02
4 American Renal Associates Holdings Inc 67 0.03 7 Chimerix Inc 23 0.01
7 Amicus Therapeutics Inc 75 0.04 3 Cimpress NV 341 0.17
5 AMN Healthcare Services Inc 309 0.15 14 Civeo Corp 23 0.01
2 Amneal Pharmaceuticals Inc 32 0.02 3 Civitas Solutions Inc 44 0.02
5 Amphastar Pharmaceuticals Inc 114 0.06 2 Clementia Pharmaceuticals Inc 22 0.01
3 Andersons Inc 95 0.05 1 Coca-Cola Bottling Co Consolidated 149 0.07
4 AngioDynamics Inc 94 0.05 1 Collectors Universe Inc 17 0.01
1 ANI Pharmaceuticals Inc 81 0.04 2 Command Security Corp 5 –
3 Anika Therapeutics Inc 106 0.05 6 Community Health Systems Inc 26 0.01
2 Applied Genetic Technologies Corp 14 0.01 3 Computer Task Group Inc 14 0.01
4 Aptevo Therapeutics Inc 9 – 2 Concert Pharmaceuticals Inc 36 0.02
3 Aquinox Pharmaceuticals Inc 6 – 2 CONMED Corp 168 0.08
7 Aratana Therapeutics Inc 48 0.02 9 Corcept Therapeutics Inc 123 0.06
1 Aravive Inc 4 – 5 CoreLogic Inc 221 0.11
11 ARC Document Solutions Inc 25 0.01 2 CorVel Corp 156 0.08
7 Ardelyx Inc 19 0.01 2 Corvus Pharmaceuticals Inc 12 0.01
3 Arena Pharmaceuticals Inc 120 0.06 1 CRA International Inc 62 0.03
2 Ascent Capital Group Inc 2 – 3 Craft Brew Alliance Inc 54 0.03
5 ASGN Inc 364 0.18 5 Cross Country Healthcare Inc 46 0.02
8 Assertio Therapeutics Inc 42 0.02 5 CryoLife Inc 153 0.08
1 AstroNova Inc 20 0.01 1 CSS Industries Inc 11 0.01
3 Atara Biotherapeutics Inc 107 0.05 4 Cumberland Pharmaceuticals Inc 24 0.01
– Atrion Corp 240 0.12 2 Cutera Inc 42 0.02
1 Audentes Therapeutics Inc 34 0.02 3 Cymabay Therapeutics Inc 23 0.01
5 Avanos Medical Inc 224 0.11 17 Darling Ingredients Inc 366 0.18
5 Avis Budget Group Inc 138 0.07 12 Dean Foods Co 61 0.03
36 Avon Products Inc 75 0.04 4 Deluxe Corp 213 0.11
6 B&G Foods Inc 178 0.09 3 Dermira Inc 40 0.02
1 Barrett Business Services Inc 76 0.04 4 Digirad Corp 4 –
1 BG Staffing Inc 34 0.02 5 Diplomat Pharmacy Inc 81 0.04
20 BioScrip Inc 81 0.04 5 Edgewell Personal Care Co 206 0.10
1 BioSpecifics Technologies Corp 66 0.03 2 Emerald Expositions Events Inc 23 0.01
4 BioTelemetry Inc 309 0.15 5 Emergent BioSolutions Inc 353 0.17
7 BioTime Inc 10 – 2 Enanta Pharmaceuticals Inc 181 0.09
1 Boston Beer Co Inc 232 0.11 19 Endo International PLC 223 0.11
7 Bridgepoint Education Inc 60 0.03 4 Ennis Inc 69 0.03
– Bridgford Foods Corp 7 – 5 Ensign Group Inc 222 0.11
4 Brink's Co 255 0.13 6 Enzo Biochem Inc 20 0.01
18 Brookdale Senior Living Inc 155 0.08 4 Epizyme Inc 26 0.01
2 CAI International Inc 55 0.03 5 Evertec Inc 129 0.06
4 Cal-Maine Foods Inc 193 0.10 3 Farmer Brothers Co 68 0.03
2 Calavo Growers Inc 157 0.08 4 Five Prime Therapeutics Inc 56 0.03
4 Calithera Biosciences Inc 22 0.01 5 Five Star Senior Living Inc 2 –
6 Cambium Learning Group Inc 93 0.05 1 Flowers Foods Inc 25 0.01
3 Cambrex Corp 160 0.08 1 FONAR Corp 16 0.01
4 Cantel Medical Corp 336 0.17 2 Forrester Research Inc 109 0.05
6 Capital Senior Living Corp 55 0.03 3 Franklin Covey Co 60 0.03
5 Cardtronics PLC 155 0.08 4 Fresh Del Monte Produce Inc 151 0.07
1 Care.com Inc 14 0.01 4 FTI Consulting Inc 290 0.14
12 Career Education Corp 157 0.08 2 Global Blood Therapeutics Inc 59 0.03
3 Carriage Services Inc 49 0.02 3 Globus Medical Inc 126 0.06
2 Catalyst Biosciences Inc 19 0.01 1 GlycoMimetics Inc 8 –
6 CBIZ Inc 135 0.07 – Graham Holdings Co 266 0.13
1 CCA Industries Inc 3 – 10 Great Lakes Dredge & Dock Corp 76 0.04
9 Celldex Therapeutics Inc 3 – 5 Green Dot Corp 422 0.21
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 329
U.S. Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Consumer, Non-Cyclical - 18.35% (continued) Consumer, Non-Cyclical - 18.35% (continued)
4 Hackett Group Inc 70 0.03 2 Medifast Inc 330 0.16
4 Haemonetics Corp 410 0.20 8 MEDNAX Inc 317 0.16
6 Halozyme Therapeutics Inc 97 0.05 2 Medpace Holdings Inc 130 0.06
6 Harvard Bioscience Inc 24 0.01 5 Melinta Therapeutics Inc 12 0.01
6 Healthcare Services Group Inc 278 0.14 6 Meridian Bioscience Inc 114 0.06
2 HealthEquity Inc 220 0.11 6 Merit Medical Systems Inc 365 0.18
3 Heidrick & Struggles International Inc 101 0.05 2 Merrimack Pharmaceuticals Inc 7 –
3 Helen of Troy Ltd 401 0.20 2 MGP Ingredients Inc 132 0.07
3 Herc Holdings Inc 94 0.05 – Micron Solutions Inc 1 –
7 Hertz Global Holdings Inc 131 0.06 6 Minerva Neurosciences Inc 47 0.02
1 Heska Corp 81 0.04 3 Miragen Therapeutics Inc 9 –
4 Hill International Inc 12 0.01 2 Mirati Therapeutics Inc 62 0.03
10 HMS Holdings Corp 343 0.17 1 Misonix Inc 21 0.01
16 Horizon Pharma PLC 325 0.16 2 Momenta Pharmaceuticals Inc 19 0.01
8 Hostess Brands Inc 92 0.05 8 MoneyGram International Inc 17 0.01
5 Hudson Global Inc 7 – 3 Monro Inc 279 0.14
4 Huron Consulting Group Inc 197 0.10 1 Morningstar Inc 91 0.05
2 ICF International Inc 134 0.07 8 Myriad Genetics Inc 258 0.13
5 Immune Design Corp 9 – 8 Nabriva Therapeutics PLC 16 0.01
13 Infinity Pharmaceuticals Inc 17 0.01 1 Nathan's Famous Inc 72 0.04
2 Ingles Markets Inc 51 0.03 1 National HealthCare Corp 87 0.04
9 Innoviva Inc 163 0.08 3 National Research Corp, Class A 113 0.06
2 Inogen Inc 257 0.13 2 Natural Alternatives International Inc 18 0.01
3 Inovio Pharmaceuticals Inc 18 0.01 2 Natural Grocers by Vitamin Cottage Inc 45 0.02
5 Insperity Inc 533 0.26 – Natural Health Trends Corp 5 –
1 Inspire Medical Systems Inc 43 0.02 1 Nature's Sunshine Products Inc 9 –
3 Integer Holdings Corp 294 0.15 4 Natus Medical Inc 132 0.07
– Integra LifeSciences Holdings Corp 15 0.01 5 Navigant Consulting Inc 131 0.06
4 Inter Parfums Inc 245 0.12 3 Neogen Corp 174 0.09
3 Intra-Cellular Therapies Inc 48 0.02 6 NeoGenomics Inc 95 0.05
7 Invacare Corp 37 0.02 4 NewLink Genetics Corp 7 –
– IRIDEX Corp 2 – 2 Nobilis Health Corp 1 –
2 J&J Snack Foods Corp 298 0.15 3 Nutrisystem Inc 120 0.06
1 John B Sanfilippo & Son Inc 93 0.05 4 NuVasive Inc 283 0.14
5 Jounce Therapeutics Inc 22 0.01 3 Nuvectra Corp 56 0.03
6 K12 Inc 134 0.07 8 Ophthotech Corp 14 0.01
2 Karyopharm Therapeutics Inc 23 0.01 37 OPKO Health Inc 139 0.07
4 Kelly Services Inc 94 0.05 8 OraSure Technologies Inc 99 0.05
4 Kforce Inc 139 0.07 2 Orthofix Medical Inc 116 0.06
7 Kindred Biosciences Inc 90 0.04 9 Otonomy Inc 20 0.01
7 Korn/Ferry International 319 0.16 8 Owens & Minor Inc 58 0.03
2 Lancaster Colony Corp 405 0.20 1 Pacira Pharmaceuticals Inc 31 0.02
3 Lannett Co Inc 20 0.01 8 Patterson Cos Inc 210 0.10
5 Lantheus Holdings Inc 88 0.04 4 Paylocity Holding Corp 261 0.13
6 Laureate Education Inc 95 0.05 26 PDL BioPharma Inc 80 0.04
3 LeMaitre Vascular Inc 89 0.04 7 Performance Food Group Co 250 0.12
5 LHC Group Inc 474 0.23 4 Performant Financial Corp 7 –
1 Liberty Tax Inc 12 0.01 3 Pfenex Inc 14 0.01
3 Lifevantage Corp 35 0.02 5 PFSweb Inc 30 0.01
2 Lifeway Foods Inc 6 – 5 Pharmacopeia Drug Discovery Inc – –
1 Ligand Pharmaceuticals Inc 124 0.06 2 Phibro Animal Health Corp 64 0.03
2 Limoneira Co 49 0.02 6 Prestige Consumer Healthcare Inc 228 0.11
1 Lipocine Inc 2 – 3 PRGX Global Inc 32 0.02
2 LivaNova PLC 212 0.10 5 Primo Water Corp 67 0.03
5 LSC Communications Inc 49 0.02 – ProPhase Labs Inc – –
5 Luminex Corp 137 0.07 3 Protagonist Therapeutics Inc 19 0.01
7 Macquarie Infrastructure Corp 276 0.14 6 Prothena Corp PLC 74 0.04
3 MacroGenics Inc 51 0.03 2 Providence Service Corp 146 0.07
3 Magellan Health Inc 148 0.07 1 Psychemedics Corp 14 0.01
8 Mallinckrodt PLC 194 0.10 2 Pyxus International Inc 35 0.02
1 Mannatech Inc 12 0.01 2 Quad/Graphics Inc 37 0.02
3 Matthews International Corp 136 0.07 3 Quidel Corp 176 0.09
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 330
U.S. Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Consumer, Non-Cyclical - 18.35% (continued) Consumer, Non-Cyclical - 18.35% (continued)
3 Quorum Health Corp 15 0.01 2 US Physical Therapy Inc 199 0.10
2 Ra Pharmaceuticals Inc 25 0.01 2 USANA Health Sciences Inc 303 0.15
6 RadNet Inc 74 0.04 1 Utah Medical Products Inc 62 0.03
1 RCM Technologies Inc 3 – 3 Vanda Pharmaceuticals Inc 78 0.04
2 Recro Pharma Inc 13 0.01 2 Varex Imaging Corp 65 0.03
– REGENXBIO Inc 24 0.01 14 Vector Group Ltd 170 0.08
7 Rent-A-Center Inc 97 0.05 2 Vectrus Inc 44 0.02
3 Repligen Corp 168 0.08 2 Viad Corp 90 0.04
5 Resources Connection Inc 84 0.04 1 Village Super Market Inc 36 0.02
5 Retrophin Inc 112 0.06 3 Volt Information Sciences Inc 9 –
2 Revance Therapeutics Inc 31 0.02 2 WD-40 Co 261 0.13
2 Revlon Inc 59 0.03 3 Weight Watchers International Inc 141 0.07
8 Rigel Pharmaceuticals Inc 22 0.01 3 Weis Markets Inc 125 0.06
1 Rocky Mountain Chocolate Factory Inc 11 0.01 1 Willdan Group Inc 54 0.03
1 Rosetta Stone Inc 21 0.01 4 Wright Medical Group NV 125 0.06
7 RR Donnelley & Sons Co 42 0.02 2 Xencor Inc 76 0.04
9 RTI Surgical Inc 39 0.02 1 XOMA Corp 13 0.01
2 Sanderson Farms Inc 245 0.12 4 Zafgen Inc 18 0.01
2 Sangamo Therapeutics Inc 28 0.01 1 Zogenix Inc 57 0.03
4 SCYNEXIS Inc 3 – 2 Zynerba Pharmaceuticals Inc 8 –
3 SEACOR Marine Holdings Inc 57 0.03 37,065 18.35
1 SeaSpine Holdings Corp 25 0.01 Diversified - 0.10%
15 Select Medical Holdings Corp 299 0.15 4 Spectrum Brands Holdings Inc 204 0.10
1 Seneca Foods Corp, Class A 34 0.02
204 0.10
– Seneca Foods Corp, Class B 7 –
Energy - 5.75%
4 ServiceSource International Inc 5 –
20 Abraxas Petroleum Corp 33 0.02
4 Sierra Oncology Inc 6 –
– Adams Resources & Energy Inc 17 0.01
12 Smart & Final Stores Inc 75 0.04
3 Advanced Emissions Solutions Inc 27 0.01
6 Sotheby's 228 0.11
22 Alta Mesa Resources Inc 33 0.02
3 SP Plus Corp 102 0.05
4 Apergy Corp 139 0.07
5 SpartanNash Co 101 0.05
3 Arch Coal Inc 208 0.10
2 Spectrum Pharmaceuticals Inc 28 0.01
9 Archrock Inc 96 0.05
11 Sprouts Farmers Market Inc 247 0.12
4 Basic Energy Services Inc 24 0.01
1 Stemline Therapeutics Inc 10 0.01
3 Bonanza Creek Energy Inc 69 0.03
2 Strategic Education Inc 328 0.16
8 Bristow Group Inc 31 0.02
5 Supernus Pharmaceuticals Inc 252 0.12
1 C&J Energy Services Inc 23 0.01
5 Surgery Partners Inc 65 0.03
2 California Resources Corp 41 0.02
3 Surmodics Inc 153 0.08
21 Callon Petroleum Co 182 0.09
4 Syndax Pharmaceuticals Inc 22 0.01
2 CARBO Ceramics Inc 8 –
– Syneos Health Inc 15 0.01
8 Carrizo Oil & Gas Inc 144 0.07
2 Synlogic Inc 18 0.01
50 Chesapeake Energy Corp 146 0.07
1 Syros Pharmaceuticals Inc 6 –
29 Clean Energy Fuels Corp 65 0.03
– Taro Pharmaceutical Industries Ltd 46 0.02
13 Cloud Peak Energy Inc 11 0.01
4 Team Inc 66 0.03
25 CNX Resources Corp 349 0.17
4 Tejon Ranch Co 80 0.04
3 CONSOL Energy Inc 108 0.05
10 Tenet Healthcare Corp 255 0.13
5 Contango Oil & Gas Co 22 0.01
11 Tetraphase Pharmaceuticals Inc 19 0.01
3 CVR Energy Inc 116 0.06
5 Textainer Group Holdings Ltd 58 0.03
3 Dawson Geophysical Co 12 0.01
4 Tivity Health Inc 164 0.08
7 Delek US Holdings Inc 260 0.13
4 Tootsie Roll Industries Inc 130 0.06
40 Denbury Resources Inc 91 0.05
12 Travelport Worldwide Ltd 186 0.09
5 Diamond Offshore Drilling Inc 68 0.03
5 TreeHouse Foods Inc 278 0.14
3 DMC Global Inc 115 0.06
6 Trevena Inc 4 –
4 Dril-Quip Inc 163 0.08
7 TriNet Group Inc 300 0.15
3 Earthstone Energy Inc 23 0.01
2 Triple-S Management Corp 47 0.02
6 Eclipse Resources Corp 6 –
4 TrueBlue Inc 110 0.05
14 EnLink Midstream LLC 160 0.08
2 Turning Point Brands Inc 52 0.03
44 Ensco PLC 252 0.12
– Ultragenyx Pharmaceutical Inc 19 0.01
4 Era Group Inc 41 0.02
5 United Natural Foods Inc 103 0.05
5 Evolution Petroleum Corp 43 0.02
1 United-Guardian Inc 14 0.01
4 Exterran Corp 85 0.04
2 Universal Corp 146 0.07
9 Extraction Oil & Gas Inc 53 0.03
2 Universal Technical Institute Inc 8 –
1 First Solar Inc 53 0.03
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 331
U.S. Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Energy - 5.75% (continued) Energy - 5.75% (continued)
9 Flotek Industries Inc 12 0.01 2 SEACOR Holdings Inc 71 0.04
13 Forum Energy Technologies Inc 87 0.04 1 Select Energy Services Inc 11 0.01
6 Frank's International NV 44 0.02 7 SemGroup Corp 119 0.06
5 FutureFuel Corp 84 0.04 1 SilverBow Resources Inc 18 0.01
2 Geospace Technologies Corp 39 0.02 11 SM Energy Co 217 0.11
6 Green Plains Inc 98 0.05 2 Smart Sand Inc 5 –
4 Gulf Island Fabrication Inc 31 0.02 3 SolarEdge Technologies Inc 133 0.07
16 Gulfport Energy Corp 137 0.07 2 Solaris Oilfield Infrastructure Inc 29 0.01
19 Halcon Resources Corp 53 0.03 52 Southwestern Energy Co 250 0.12
2 Hallador Energy Co 9 – 24 SRC Energy Inc 139 0.07
12 Helix Energy Solutions Group Inc 100 0.05 8 SunCoke Energy Inc 78 0.04
13 HighPoint Resources Corp 43 0.02 4 Sunrun Inc 64 0.03
3 Independence Contract Drilling Inc 10 – 15 Superior Energy Services Inc 82 0.04
2 ION Geophysical Corp 20 0.01 2 Talos Energy Inc 40 0.02
3 Keane Group Inc 35 0.02 20 TETRA Technologies Inc 47 0.02
1 Key Energy Services Inc 4 – 5 Thermon Group Holdings Inc 113 0.06
2 KLX Energy Services Holdings Inc 41 0.02 2 TPI Composites Inc 66 0.03
41 Kosmos Energy Ltd 220 0.11 3 Trecora Resources 32 0.02
20 Laredo Petroleum Inc 86 0.04 14 Ultra Petroleum Corp 17 0.01
3 Lonestar Resources US Inc 20 0.01 5 Unit Corp 104 0.05
– Mammoth Energy Services Inc 8 – 7 US Silica Holdings Inc 96 0.05
13 Matador Resources Co 286 0.14 19 W&T Offshore Inc 110 0.05
4 Matrix Service Co 80 0.04 9 Whiting Petroleum Corp 262 0.13
14 McDermott International Inc 122 0.06 6 WildHorse Resource Development Corp 109 0.05
3 Midstates Petroleum Co Inc 21 0.01 11,603 5.75
2 Mitcham Industries Inc 6 – Financial - 21.01%
10 MRC Global Inc 156 0.08 3 1st Source Corp 138 0.07
4 Murphy USA Inc 330 0.16 3 Access National Corp 72 0.04
36 Nabors Industries Ltd 116 0.06 7 Air Lease Corp 265 0.13
1 NACCO Industries Inc 21 0.01 7 Aircastle Ltd 132 0.07
2 Natural Gas Services Group Inc 48 0.02 1 Allegiance Bancshares Inc 52 0.03
2 NCS Multistage Holdings Inc 11 0.01 2 Altisource Portfolio Solutions SA 46 0.02
16 Newpark Resources Inc 121 0.06 4 Ambac Financial Group Inc 67 0.03
23 Noble Corp PLC 96 0.05 15 American Equity Investment Life Holding Co 497 0.25
12 Northern Oil and Gas Inc 30 0.01 1 American National Bankshares Inc 28 0.01
11 NOW Inc 149 0.07 2 American National Insurance Co 277 0.14
30 Oasis Petroleum Inc 218 0.11 4 Ameris Bancorp 189 0.09
11 Oceaneering International Inc 177 0.09 4 Amerisafe Inc 236 0.12
6 Oil States International Inc 142 0.07 5 AmeriServ Financial Inc 20 0.01
7 Pacific Ethanol Inc 11 0.01 4 Argo Group International Holdings Ltd 251 0.12
2 Panhandle Oil and Gas Inc 39 0.02 2 Arrow Financial Corp 79 0.04
4 Par Pacific Holdings Inc 74 0.04 5 Artisan Partners Asset Management Inc 143 0.07
1 Parker Drilling Co 1 – 7 Aspen Insurance Holdings Ltd 293 0.14
8 Pattern Energy Group Inc 157 0.08 12 Associated Banc-Corp 270 0.13
19 Patterson-UTI Energy Inc 267 0.13 2 Assured Guaranty Ltd 85 0.04
9 PBF Energy Inc 331 0.16 – Asta Funding Inc 1 –
9 PDC Energy Inc 297 0.15 3 Atlantic Capital Bancshares Inc 61 0.03
8 Peabody Energy Corp 239 0.12 3 Atlanticus Holdings Corp 12 0.01
1 Penn Virginia Corp 78 0.04 2 Atlas Financial Holdings Inc 15 0.01
4 PHI Inc 13 0.01 – Axis Capital Holdings Ltd 18 0.01
18 Pioneer Energy Services Corp 45 0.02 5 Axos Financial Inc 153 0.08
6 ProPetro Holding Corp 105 0.05 4 Banc of California Inc 61 0.03
22 QEP Resources Inc 178 0.09 3 BancFirst Corp 166 0.08
19 Range Resources Corp 282 0.14 13 Bancorp Inc 124 0.06
7 Renewable Energy Group Inc 189 0.09 10 BancorpSouth Bank 306 0.15
2 Resolute Energy Corp 72 0.04 4 Bank of Hawaii Corp 338 0.17
– REX American Resources Corp 21 0.01 2 Bank of Marin Bancorp 67 0.03
7 Ring Energy Inc 51 0.03 1 Bank of NT Butterfield & Son Ltd 53 0.03
12 Rowan Cos PLC 167 0.08 4 Bank OZK 113 0.06
7 RPC Inc 87 0.04 2 BankFinancial Corp 32 0.02
5 Sanchez Energy Corp 3 – 7 BankUnited Inc 257 0.13
6 SandRidge Energy Inc 56 0.03 – Bankwell Financial Group Inc 8 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 332
U.S. Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Financial - 21.01% (continued) Financial - 21.01% (continued)
3 Banner Corp 206 0.10 1 Equity Bancshares Inc 45 0.02
3 Bar Harbor Bankshares 72 0.04 1 ESSA Bancorp Inc 16 0.01
– Baycom Corp 10 – 5 Essent Group Ltd 195 0.10
1 BCB Bancorp Inc 7 – 3 Evercore Inc 266 0.13
9 Beneficial Bancorp Inc 142 0.07 1 Farmers & Merchants Bancorp Inc 31 0.02
4 Berkshire Hills Bancorp Inc 147 0.07 2 Farmers National Banc Corp 27 0.01
5 Blucora Inc 149 0.07 3 FBL Financial Group Inc 188 0.09
2 Blue Hills Bancorp Inc 37 0.02 4 FCB Financial Holdings Inc 167 0.08
9 Boston Private Financial Holdings Inc 119 0.06 1 Federal Agricultural Mortgage Corp 88 0.04
3 Bridge Bancorp Inc 75 0.04 10 Federated Investors Inc 270 0.13
9 BrightSphere Investment Group PLC 114 0.06 2 FedNat Holding Co 44 0.02
8 Brookline Bancorp Inc 124 0.06 4 Fidelity Southern Corp 102 0.05
3 Bryn Mawr Bank Corp 106 0.05 3 Financial Institutions Inc 81 0.04
– BSB Bancorp Inc 13 0.01 21 First Bancorp (Puerto Rico) 194 0.10
– C&F Financial Corp 10 – 3 First Bancorp (Southern Pines NC) 136 0.07
1 Cadence BanCorp 29 0.01 1 First Bancorp Inc 38 0.02
– Cambridge Bancorp 18 0.01 1 First Bancshares Inc 21 0.01
2 Camden National Corp 90 0.04 6 First Busey Corp 160 0.08
2 Capital City Bank Group Inc 54 0.03 1 First Business Financial Services Inc 10 –
15 Capitol Federal Financial Inc 210 0.10 11 First Commonwealth Financial Corp 157 0.08
3 Carolina Financial Corp 90 0.04 3 First Community Bankshares Inc 88 0.04
1 Cass Information Systems Inc 96 0.05 3 First Defiance Financial Corp 79 0.04
10 Cathay General Bancorp 376 0.19 11 First Financial Bancorp 301 0.15
13 CenterState Bank Corp 320 0.16 6 First Financial Bankshares Inc 388 0.19
3 Central Pacific Financial Corp 84 0.04 2 First Financial Corp 74 0.04
1 Central Valley Community Bancorp 20 0.01 1 First Financial Northwest Inc 20 0.01
– Century Bancorp Inc 37 0.02 7 First Foundation Inc 111 0.05
6 Chemical Financial Corp 276 0.14 11 First Hawaiian Inc 294 0.15
– Citizens & Northern Corp 12 0.01 1 First Internet Bancorp 31 0.02
1 Citizens Community Bancorp Inc 13 0.01 4 First Interstate BancSystem Inc 184 0.09
5 Citizens Inc 41 0.02 6 First Merchants Corp 261 0.13
2 City Holding Co 120 0.06 1 First Mid-Illinois Bancshares Inc 54 0.03
– Civista Bancshares Inc 10 – 10 First Midwest Bancorp Inc 244 0.12
2 CNB Financial Corp 56 0.03 5 First of Long Island Corp 97 0.05
5 Cohen & Steers Inc 178 0.09 1 Five Point Holdings LLC 7 –
9 Columbia Banking System Inc 381 0.19 6 Flagstar Bancorp Inc 183 0.09
5 Community Bank System Inc 344 0.17 4 Flushing Financial Corp 89 0.04
– Community Bankers Trust Corp 2 – 27 FNB Corp 330 0.16
2 Community Trust Bancorp Inc 93 0.05 1 Forestar Group Inc 12 0.01
4 ConnectOne Bancorp Inc 86 0.04 2 Franklin Financial Network Inc 53 0.03
1 Consolidated-Tomoka Land Co 38 0.02 12 FRD Acquisition Co – –
2 Consumer Portfolio Services Inc 7 – 2 FRP Holdings Inc 88 0.04
3 Cowen Inc 42 0.02 1 FS Bancorp Inc 32 0.02
5 Crawford & Co, Class A 41 0.02 17 Fulton Financial Corp 297 0.15
4 Crawford & Co, Class B 32 0.02 7 Gain Capital Holdings Inc 50 0.02
3 Customers Bancorp Inc 57 0.03 3 GAMCO Investors Inc 57 0.03
14 CVB Financial Corp 322 0.16 4 Genworth Financial Inc 18 0.01
– Diamond Hill Investment Group Inc 79 0.04 3 German American Bancorp Inc 89 0.04
5 Dime Community Bancshares Inc 100 0.05 8 Glacier Bancorp Inc 386 0.19
3 Donegal Group Inc 42 0.02 1 Global Indemnity Ltd 43 0.02
3 Eagle Bancorp Inc 186 0.09 2 Great Southern Bancorp Inc 114 0.06
1 Eagle Bancorp Montana Inc 9 – 5 Great Western Bancorp Inc 182 0.09
3 eHealth Inc 97 0.05 6 Green Bancorp Inc 123 0.06
1 Elevate Credit Inc 6 – 5 Greenhill & Co Inc 110 0.05
2 Ellie Mae Inc 160 0.08 6 Greenlight Capital Re Ltd 62 0.03
3 EMC Insurance Group Inc 91 0.05 1 Griffin Industrial Realty Inc 20 0.01
4 Employers Holdings Inc 160 0.08 4 Guaranty Bancorp 99 0.05
3 Encore Capital Group Inc 82 0.04 3 Hallmark Financial Services Inc 31 0.02
6 Enova International Inc 137 0.07 2 Hamilton Lane Inc 60 0.03
1 Enstar Group Ltd 118 0.06 7 Hancock Whitney Corp 269 0.13
– Enterprise Bancorp Inc 14 0.01 4 Hanmi Financial Corp 94 0.05
2 Enterprise Financial Services Corp 104 0.05 – Hanover Insurance Group Inc 23 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 333
U.S. Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Financial - 21.01% (continued) Financial - 21.01% (continued)
2 HarborOne Bancorp Inc 36 0.02 1 MidWestOne Financial Group Inc 32 0.02
2 HCI Group Inc 116 0.06 4 Moelis & Co 142 0.07
1 Health Insurance Innovations Inc 46 0.02 3 Mr Cooper Group Inc 46 0.02
3 Heartland Financial USA Inc 154 0.08 3 National Bank Holdings Corp 97 0.05
6 Heritage Commerce Corp 86 0.04 2 National Commerce Corp 70 0.03
4 Heritage Financial Corp 135 0.07 9 National General Holdings Corp 243 0.12
4 Heritage Insurance Holdings Inc 70 0.03 – National Western Life Group Inc 107 0.05
4 HFF Inc 172 0.08 23 Navient Corp 267 0.13
10 Hilltop Holdings Inc 204 0.10 3 Navigators Group Inc 172 0.08
– Hingham Institution for Savings 74 0.04 4 NBT Bancorp Inc 165 0.08
1 Home Bancorp Inc 21 0.01 4 Nelnet Inc 202 0.10
12 Home BancShares Inc 240 0.12 8 NewStar Financial Inc 2 –
5 HomeStreet Inc 129 0.06 1 Nicolet Bankshares Inc 31 0.02
1 HomeTrust Bancshares Inc 27 0.01 6 NMI Holdings Inc 113 0.06
15 Hope Bancorp Inc 228 0.11 1 Northeast Bancorp 15 0.01
1 HopFed Bancorp Inc 11 0.01 8 Northfield Bancorp Inc 116 0.06
4 Horace Mann Educators Corp 165 0.08 1 Northrim BanCorp Inc 43 0.02
7 Horizon Bancorp Inc 118 0.06 11 Northwest Bancshares Inc 200 0.10
2 Houlihan Lokey Inc 84 0.04 7 OceanFirst Financial Corp 187 0.09
1 Howard Bancorp Inc 9 – 11 Ocwen Financial Corp 22 0.01
1 Iberiabank Corp 87 0.04 8 OFG Bancorp 137 0.07
1 Impac Mortgage Holdings Inc 3 – 2 Old Line Bancshares Inc 56 0.03
2 Independence Holding Co 94 0.05 13 Old National Bancorp 249 0.12
3 Independent Bank Corp (Massachusetts) 213 0.11 6 Old Second Bancorp Inc 84 0.04
1 Independent Bank Corp (Michigan) 14 0.01 8 On Deck Capital Inc 65 0.03
3 Independent Bank Group Inc 182 0.09 10 OneMain Holdings Inc 285 0.14
4 Interactive Brokers Group Inc 250 0.12 2 Oppenheimer Holdings Inc 42 0.02
7 International Bancshares Corp 250 0.12 3 Opus Bank 64 0.03
2 INTL. FCStone Inc 82 0.04 7 Oritani Financial Corp 114 0.06
5 Investment Technology Group Inc 156 0.08 2 Pacific Mercantile Bancorp 19 0.01
24 Investors Bancorp Inc 296 0.15 4 Pacific Premier Bancorp Inc 130 0.06
– Investors Title Co 18 0.01 1 Park National Corp 102 0.05
2 James River Group Holdings Ltd 80 0.04 2 PCSB Financial Corp 31 0.02
11 Kearny Financial Corp 148 0.07 4 Peapack Gladstone Financial Corp 101 0.05
5 Kemper Corp 351 0.17 – Penns Woods Bancorp Inc 20 0.01
11 Kennedy-Wilson Holdings Inc 210 0.10 2 PennyMac Financial Services Inc 41 0.02
1 Kingstone Cos Inc 20 0.01 2 People's Utah Bancorp 76 0.04
1 Kinsale Capital Group Inc 58 0.03 3 Peoples Bancorp Inc 109 0.05
26 Ladenburg Thalmann Financial Services Inc 74 0.04 2 Pinnacle Financial Partners Inc 92 0.05
5 Lakeland Bancorp Inc 89 0.04 2 Piper Jaffray Cos 122 0.06
3 Lakeland Financial Corp 124 0.06 2 PJT Partners Inc 91 0.05
5 LegacyTexas Financial Group Inc 197 0.10 5 Popular Inc 286 0.14
7 Legg Mason Inc 190 0.09 5 PRA Group Inc 162 0.08
57 LendingClub Corp 195 0.10 2 Preferred Bank 91 0.04
1 LendingTree Inc 266 0.13 1 Premier Financial Bancorp Inc 24 0.01
6 Macatawa Bank Corp 62 0.03 3 Primerica Inc 407 0.20
17 Maiden Holdings Ltd 44 0.02 7 ProAssurance Corp 311 0.15
3 Manning & Napier Inc 6 – 2 Protective Insurance Corp 36 0.02
4 Marcus & Millichap Inc 134 0.07 1 Provident Financial Holdings Inc 21 0.01
2 Marlin Business Services Corp 48 0.02 6 Provident Financial Services Inc 159 0.08
2 Maui Land & Pineapple Co Inc 24 0.01 2 Pzena Investment Management Inc 23 0.01
8 MB Financial Inc 383 0.19 2 QCR Holdings Inc 71 0.03
11 MBIA Inc 102 0.05 2 Rafael Holdings Inc 18 0.01
4 MBT Financial Corp 46 0.02 1 RBB Bancorp 17 0.01
2 McGrath RentCorp 110 0.05 1 RE/MAX Holdings Inc 42 0.02
2 Mercantile Bank Corp 71 0.04 12 Realogy Holdings Corp 237 0.12
5 Mercury General Corp 308 0.15 2 Regional Management Corp 54 0.03
7 Meridian Bancorp Inc 107 0.05 5 Renasant Corp 183 0.09
5 Meta Financial Group Inc 119 0.06 2 Republic Bancorp Inc 93 0.05
3 MGIC Investment Corp 37 0.02 4 Republic First Bancorp Inc 32 0.02
2 Midland States Bancorp Inc 51 0.03 4 Riverview Bancorp Inc 35 0.02
2 MidSouth Bancorp Inc 31 0.02 4 RLI Corp 335 0.17
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 334
U.S. Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Financial - 21.01% (continued) Financial - 21.01% (continued)
2 RMR Group Inc 106 0.05 3 Westamerica Bancorporation 191 0.09
3 S&T Bancorp Inc 140 0.07 6 Western New England Bancorp Inc 56 0.03
4 Safeguard Scientifics Inc 36 0.02 2 Westwood Holdings Group Inc 59 0.03
1 Safety Insurance Group Inc 126 0.06 – White Mountains Insurance Group Ltd 377 0.19
3 Sandy Spring Bancorp Inc 106 0.05 2 Wintrust Financial Corp 123 0.06
– SB One Bancorp 10 – 15 WisdomTree Investments Inc 109 0.05
4 Seacoast Banking Corp of Florida 123 0.06 1 World Acceptance Corp 148 0.07
6 Selective Insurance Group Inc 423 0.21 3 WSFS Financial Corp 136 0.07
5 ServisFirst Bancshares Inc 180 0.09 42,439 21.01
2 SI Financial Group Inc 21 0.01 Industrial - 16.91%
2 Sierra Bancorp 60 0.03 5 AAON Inc 206 0.10
9 Simmons First National Corp 265 0.13 4 AAR Corp 171 0.08
1 SmartFinancial Inc 14 0.01 8 Actuant Corp 195 0.10
4 South State Corp 283 0.14 9 Advanced Disposal Services Inc 247 0.12
1 Southern First Bancshares Inc 45 0.02 10 Advanced Drainage Systems Inc 268 0.13
1 Southern Missouri Bancorp Inc 39 0.02 4 Aegion Corp 70 0.03
4 Southern National Bancorp of Virginia Inc 61 0.03 19 Aerojet Rocketdyne Holdings Inc 659 0.33
3 Southside Bancshares Inc 114 0.06 4 Aerovironment Inc 274 0.14
4 State Auto Financial Corp 127 0.06 2 AGCO Corp 92 0.05
3 State Bank Financial Corp 65 0.03 15 Air Transport Services Group Inc 280 0.14
17 Sterling Bancorp 322 0.16 3 Alamo Group Inc 262 0.13
2 Stewart Information Services Corp 90 0.04 8 Alarm.com Holdings Inc 394 0.20
6 Stifel Financial Corp 291 0.14 8 Albany International Corp 558 0.28
3 Stock Yards Bancorp Inc 91 0.05 3 Allied Motion Technologies Inc 135 0.07
1 Stratus Properties Inc 14 0.01 1 Ambarella Inc 43 0.02
17 TCF Financial Corp 386 0.19 5 American Outdoor Brands Corp 66 0.03
1 Territorial Bancorp Inc 37 0.02 2 American Railcar Industries Inc 161 0.08
3 Texas Capital Bancshares Inc 202 0.10 – American Superconductor Corp 2 –
4 Third Point Reinsurance Ltd 39 0.02 3 American Woodmark Corp 203 0.10
1 Timberland Bancorp Inc 29 0.01 3 Ampco-Pittsburgh Corp 11 0.01
3 Tiptree Inc 19 0.01 4 Apogee Enterprises Inc 157 0.08
1 Tompkins Financial Corp 114 0.06 6 Applied Industrial Technologies Inc 389 0.19
6 Towne Bank 185 0.09 1 Applied Optoelectronics Inc 22 0.01
3 TriCo Bancshares 113 0.06 1 AquaVenture Holdings Ltd 22 0.01
4 TriState Capital Holdings Inc 95 0.05 3 ArcBest Corp 123 0.06
2 Triumph Bancorp Inc 64 0.03 – Arcosa Inc 6 –
13 TrustCo Bank Corp NY 103 0.05 4 Ardmore Shipping Corp 22 0.01
7 Trustmark Corp 218 0.11 2 Argan Inc 96 0.05
5 UMB Financial Corp 341 0.17 4 Armstrong Flooring Inc 56 0.03
1 Umpqua Holdings Corp 11 0.01 5 Armstrong World Industries Inc 363 0.18
5 Union Bankshares Corp 183 0.09 3 Arotech Corp 7 –
8 United Bankshares Inc 289 0.14 3 Astec Industries Inc 109 0.05
7 United Community Banks Inc 186 0.09 3 Astronics Corp, Class A 112 0.06
10 United Community Financial Corp 94 0.05 1 Astronics Corp, Class B 17 0.01
6 United Financial Bancorp Inc 101 0.05 2 Atkore International Group Inc 41 0.02
2 United Fire Group Inc 122 0.06 3 Atlas Air Worldwide Holdings Inc 161 0.08
6 United Insurance Holdings Corp 125 0.06 15 AVX Corp 241 0.12
4 United Security Bancshares 38 0.02 5 Aware Inc 20 0.01
4 Universal Insurance Holdings Inc 195 0.10 5 Axon Enterprise Inc 216 0.11
5 Univest Corp of Pennsylvania 117 0.06 4 AZZ Inc 172 0.08
26 Valley National Bancorp 279 0.14 20 Babcock & Wilcox Enterprises Inc 17 0.01
2 Veritex Holdings Inc 59 0.03 3 Badger Meter Inc 172 0.09
2 Virtu Financial Inc 55 0.03 3 Ballantyne Strong Inc 7 –
1 Virtus Investment Partners Inc 108 0.05 5 Barnes Group Inc 323 0.16
8 Waddell & Reed Financial Inc 157 0.08 2 Bel Fuse Inc 37 0.02
2 WageWorks Inc 75 0.04 4 Belden Inc 195 0.10
3 Walker & Dunlop Inc 150 0.07 4 Benchmark Electronics Inc 103 0.05
9 Washington Federal Inc 264 0.13 4 Boise Cascade Co 118 0.06
2 Washington Trust Bancorp Inc 90 0.04 5 Brady Corp 213 0.11
5 Waterstone Financial Inc 81 0.04 5 Briggs & Stratton Corp 69 0.03
7 WesBanco Inc 316 0.16 1 Broadwind Energy Inc 1 –
3 West Bancorporation Inc 55 0.03 11 Builders FirstSource Inc 147 0.07
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 335
U.S. Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Industrial - 16.91% (continued) Industrial - 16.91% (continued)
3 Cactus Inc 89 0.04 6 Griffon Corp 72 0.04
7 Casella Waste Systems Inc 241 0.12 8 Harsco Corp 207 0.10
6 CECO Environmental Corp 46 0.02 2 Haynes International Inc 71 0.04
4 Chart Industries Inc 233 0.12 9 Heartland Express Inc 193 0.10
1 Chase Corp 151 0.07 – HEICO Corp, Class A – –
2 CIRCOR International Inc 77 0.04 2 Heritage-Crystal Clean Inc 69 0.03
5 Clean Harbors Inc 340 0.17 6 Hillenbrand Inc 260 0.13
10 Colfax Corp 254 0.13 4 Hornbeck Offshore Services Inc 11 0.01
2 Columbus McKinnon Corp 79 0.04 4 Hub Group Inc 184 0.09
4 Comfort Systems USA Inc 221 0.11 6 Hudson Technologies Inc 7 –
3 Comtech Telecommunications Corp 77 0.04 1 Hurco Cos Inc 27 0.01
4 Continental Building Products Inc 116 0.06 1 Hyster-Yale Materials Handling Inc 72 0.04
4 Control4 Corp 77 0.04 4 Ichor Holdings Ltd 76 0.04
1 Core Molding Technologies Inc 5 – 1 IEC Electronics Corp 4 –
7 Costamare Inc 38 0.02 4 IES Holdings Inc 70 0.03
14 Covanta Holding Corp 229 0.11 6 II-VI Inc 242 0.12
2 Covenant Transportation Group Inc 36 0.02 4 Innovative Solutions & Support Inc 8 –
1 CPI Aerostructures Inc 10 – 3 Insteel Industries Inc 85 0.04
1 CSW Industrials Inc 78 0.04 4 International Seaways Inc 82 0.04
1 CyberOptics Corp 22 0.01 6 Intevac Inc 28 0.01
20 DHT Holdings Inc 92 0.05 1 IntriCon Corp 42 0.02
7 Dorian LPG Ltd 46 0.02 3 Iteris Inc 12 0.01
1 Ducommun Inc 56 0.03 4 Itron Inc 216 0.11
3 DXP Enterprises Inc 96 0.05 6 Jeld Wen Holding Inc 122 0.06
3 Dycom Industries Inc 194 0.10 3 John Bean Technologies Corp 265 0.13
6 Eagle Bulk Shipping Inc 30 0.01 1 Kadant Inc 124 0.06
1 Eastern Co 14 0.01 13 KBR Inc 250 0.12
5 Echo Global Logistics Inc 114 0.06 8 KEMET Corp 163 0.08
7 Electro Scientific Industries Inc 193 0.10 8 Kennametal Inc 349 0.17
2 EMCOR Group Inc 165 0.08 3 Kimball Electronics Inc 58 0.03
2 Encore Wire Corp 124 0.06 1 Kirby Corp 49 0.02
6 Energizer Holdings Inc 249 0.12 9 Knowles Corp 133 0.07
1 Energy Recovery Inc 10 – 12 Kratos Defense & Security Solutions Inc 156 0.08
4 EnerSys 379 0.19 1 Landstar System Inc 132 0.07
2 EnPro Industries Inc 146 0.07 1 Lawson Products Inc 38 0.02
3 ESCO Technologies Inc 191 0.09 2 Lazare Kaplan International Inc – –
– Espey Manufacturing & Electronics Corp 10 – 2 LB Foster Co 33 0.02
3 Esterline Technologies Corp 364 0.18 1 Lindsay Corp 110 0.05
5 Exponent Inc 239 0.12 10 Louisiana-Pacific Corp 222 0.11
4 Fabrinet 198 0.10 – LS Starrett Co 2 –
2 FARO Technologies Inc 103 0.05 4 LSB Industries Inc 33 0.02
7 Federal Signal Corp 167 0.08 5 LSI Industries Inc 24 0.01
5 Fitbit Inc 26 0.01 2 Lydall Inc 50 0.02
3 Forward Air Corp 207 0.10 3 Manitex International Inc 20 0.01
5 Franklin Electric Co Inc 234 0.12 5 Manitowoc Co Inc 90 0.04
3 FreightCar America Inc 30 0.01 5 Marten Transport Ltd 103 0.05
7 GasLog Ltd 148 0.07 2 Masonite International Corp 92 0.05
4 GATX Corp 319 0.16 4 MasTec Inc 191 0.09
4 Genco Shipping & Trading Ltd 36 0.02 5 Matson Inc 196 0.10
2 Gencor Industries Inc 24 0.01 4 Medcath Corp – –
6 Generac Holdings Inc 356 0.18 13 Media General Inc CVR 1 –
3 Gibraltar Industries Inc 107 0.05 1 Mesa Laboratories Inc 123 0.06
4 Global Brass & Copper Holdings Inc 118 0.06 4 Milacron Holdings Corp 51 0.03
5 Goldfield Corp 12 0.01 4 Mistras Group Inc 66 0.03
4 Gorman-Rupp Co 134 0.07 4 Moog Inc 336 0.17
3 GP Strategies Corp 38 0.02 4 MSA Safety Inc 398 0.20
2 Graham Corp 50 0.02 6 Mueller Industries Inc 139 0.07
5 Granite Construction Inc 245 0.12 20 Mueller Water Products Inc 214 0.11
3 Graphic Packaging Holding Co 36 0.02 2 Multi-Color Corp 80 0.04
3 Greenbrier Cos Inc 154 0.08 4 Myers Industries Inc 67 0.03
2 Greif Inc, Class A 125 0.06 3 MYR Group Inc 80 0.04
1 Greif Inc, Class B 61 0.03 5 Napco Security Technologies Inc 80 0.04
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 336
U.S. Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Industrial - 16.91% (continued) Industrial - 16.91% (continued)
1 National Presto Industries Inc 83 0.04 6 Timken Co 229 0.11
7 NCI Building Systems Inc 82 0.04 8 TimkenSteel Corp 83 0.04
5 NL Industries Inc 23 0.01 4 TopBuild Corp 207 0.10
4 NN Inc 26 0.01 4 Tredegar Corp 66 0.03
3 Northwest Pipe Co 66 0.03 7 Trex Co Inc 437 0.22
4 Novanta Inc 231 0.11 5 TriMas Corp 133 0.07
2 NV5 Global Inc 116 0.06 2 Trinity Industries Inc 45 0.02
1 NVE Corp 60 0.03 4 Trinseo SA 201 0.10
1 nVent Electric PLC 25 0.01 5 Triumph Group Inc 88 0.04
1 Olympic Steel Inc 24 0.01 10 TTM Technologies Inc 121 0.06
1 Omega Flex Inc 55 0.03 5 Tutor Perini Corp 95 0.05
5 Orion Group Holdings Inc 23 0.01 2 Twin Disc Inc 30 0.01
1 Oshkosh Corp 71 0.04 4 Ultralife Corp 27 0.01
2 OSI Systems Inc 160 0.08 7 Universal Forest Products Inc 185 0.09
14 Overseas Shipholding Group Inc 30 0.01 4 Universal Logistics Holdings Inc 97 0.05
13 Owens-Illinois Inc 233 0.12 1 US Concrete Inc 53 0.03
2 PAM Transportation Services Inc 78 0.04 2 US Ecology Inc 173 0.09
3 Park Electrochemical Corp 60 0.03 2 USA Truck Inc 31 0.02
2 Park-Ohio Holdings Corp 64 0.03 2 Valmont Industries Inc 272 0.13
2 Patrick Industries Inc 80 0.04 3 Vicor Corp 89 0.04
– Patriot Transportation Holding Inc 1 – 14 Vishay Intertechnology Inc 291 0.14
2 Perceptron Inc 16 0.01 2 Vishay Precision Group Inc 70 0.03
2 Perma-Pipe International Holdings Inc 14 0.01 1 VSE Corp 34 0.02
6 PGT Innovations Inc 125 0.06 3 Watts Water Technologies Inc 222 0.11
3 Plexus Corp 210 0.10 12 Welbilt Inc 169 0.08
2 Powell Industries Inc 71 0.04 8 Werner Enterprises Inc 284 0.14
5 Primoris Services Corp 121 0.06 – Willis Lease Finance Corp 15 0.01
2 Proto Labs Inc 288 0.14 6 Worthington Industries Inc 264 0.13
5 Quanex Building Products Corp 73 0.04 6 YRC Worldwide Inc 35 0.02
7 Radiant Logistics Inc 36 0.02 6 ZAGG Inc 62 0.03
4 Raven Industries Inc 144 0.07 34,159 16.91
2 RBC Bearings Inc 370 0.18 Technology - 7.95%
4 Regal Beloit Corp 324 0.16 14 ACI Worldwide Inc 412 0.20
11 Rexnord Corp 301 0.15 2 Adesto Technologies Corp 10 –
4 Roadrunner Transportation Systems Inc 3 – 8 Advanced Energy Industries Inc 396 0.20
3 Saia Inc 172 0.09 7 Agilysys Inc 116 0.06
8 Sanmina Corp 213 0.11 4 Alithya Group Inc 13 0.01
– Schneider National Inc 10 – 31 Allscripts Healthcare Solutions Inc 320 0.16
8 Scorpio Bulkers Inc 48 0.02 3 Alpha & Omega Semiconductor Ltd 37 0.02
47 Scorpio Tankers Inc 98 0.05 9 American Software Inc 94 0.05
9 Ship Finance International Ltd 121 0.06 33 Amkor Technology Inc 230 0.11
1 SIFCO Industries Inc 4 – 4 Amtech Systems Inc 20 0.01
9 Silgan Holdings Inc 236 0.12 2 Appfolio Inc 120 0.06
5 Simpson Manufacturing Co Inc 299 0.15 3 Asure Software Inc 15 0.01
2 Sparton Corp 35 0.02 7 Avid Technology Inc 46 0.02
4 SPX Corp 115 0.06 4 Axcelis Technologies Inc 87 0.04
5 SPX FLOW Inc 168 0.08 7 AXT Inc 40 0.02
2 Standex International Corp 132 0.07 1 Blackbaud Inc 56 0.03
5 Steel Connect Inc 8 – 2 Bottomline Technologies de Inc 119 0.06
5 Sterling Construction Co Inc 58 0.03 8 Brooks Automation Inc 239 0.12
5 Stoneridge Inc 136 0.07 2 BSQUARE Corp 4 –
9 Summit Materials Inc 131 0.06 3 Cabot Microelectronics Corp 328 0.16
3 Sun Hydraulics Corp 140 0.07 2 CACI International Inc 362 0.18
1 Synalloy Corp 15 0.01 5 Carbonite Inc 129 0.06
3 SYNNEX Corp 267 0.13 4 Castlight Health Inc 10 –
4 Tech Data Corp 347 0.17 2 CCUR Holdings Inc 8 –
3 Teekay Corp 14 0.01 2 CEVA Inc 58 0.03
9 Teekay Tankers Ltd 10 – 6 Cirrus Logic Inc 214 0.11
2 Tennant Co 118 0.06 4 Cision Ltd 57 0.03
9 Terex Corp 309 0.15 6 Cohu Inc 118 0.06
6 Tetra Tech Inc 347 0.17 2 CommVault Systems Inc 97 0.05
1 Tidewater Inc 25 0.01 1 Computer Programs & Systems Inc 26 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 337
U.S. Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Technology - 7.95% (continued) Technology - 7.95% (continued)
17 Conduent Inc 217 0.11 2 NetSol Technologies Inc 11 0.01
4 Cray Inc 114 0.06 2 Network-1 Technologies Inc 5 –
8 Cree Inc 346 0.17 6 NextGen Healthcare Inc 106 0.05
4 CSG Systems International Inc 125 0.06 4 Omnicell Inc 307 0.15
4 CTS Corp 119 0.06 6 OneSpan Inc 98 0.05
3 Cubic Corp 187 0.09 3 PAR Technology Corp 66 0.03
2 Data I/O Corp 9 – 1 Paycom Software Inc 96 0.05
– Datawatch Corp 1 – 5 PDF Solutions Inc 42 0.02
6 Diebold Nixdorf Inc 18 0.01 2 Pegasystems Inc 129 0.06
3 Digi International Inc 41 0.02 11 Perspecta Inc 241 0.12
6 Diodes Inc 194 0.10 10 Photronics Inc 97 0.05
4 Donnelley Financial Solutions Inc 75 0.04 15 Pitney Bowes Inc 127 0.06
4 DSP Group Inc 44 0.02 7 Pixelworks Inc 26 0.01
4 Ebix Inc 167 0.08 3 Power Integrations Inc 209 0.10
3 eGain Corp 23 0.01 1 Presidio Inc 17 0.01
4 Electronics For Imaging Inc 124 0.06 6 Progress Software Corp 200 0.10
3 EMCORE Corp 12 0.01 1 QAD Inc, Class A 56 0.03
3 Engility Holdings Inc 108 0.05 – QAD Inc, Class B 13 0.01
8 Entegris Inc 230 0.11 3 Qualys Inc 224 0.11
3 Envestnet Inc 167 0.08 2 Qumu Corp 3 –
5 Evolent Health Inc 135 0.07 12 Rambus Inc 106 0.05
4 ExlService Holdings Inc 224 0.11 2 Red Violet Inc 15 0.01
6 Finjan Holdings Inc 15 0.01 3 Richardson Electronics Ltd 19 0.01
7 FormFactor Inc 111 0.05 3 Rudolph Technologies Inc 73 0.04
2 Globant SA 93 0.05 2 Sapiens International Corp NV 21 0.01
7 Glu Mobile Inc 51 0.03 4 Science Applications International Corp 282 0.14
4 GSE Systems Inc 11 0.01 10 Seachange International Inc 16 0.01
4 GSI Technology Inc 22 0.01 7 Semtech Corp 359 0.18
3 Immersion Corp 28 0.01 4 Silicon Laboratories Inc 316 0.16
9 InnerWorkings Inc 37 0.02 2 Simulations Plus Inc 45 0.02
1 Inovalon Holdings Inc 14 0.01 2 SMART Global Holdings Inc 61 0.03
1 Inphi Corp 39 0.02 1 SPS Commerce Inc 101 0.05
4 Insight Enterprises Inc 177 0.09 3 StarTek Inc 20 0.01
12 Integrated Device Technology Inc 599 0.30 2 Stratasys Ltd 39 0.02
3 inTEST Corp 19 0.01 4 Super Micro Computer Inc 67 0.03
3 j2 Global Inc 245 0.12 4 Sykes Enterprises Inc 118 0.06
1 Key Tronic Corp 9 – 4 Synaptics Inc 152 0.08
5 KeyW Holding Corp 48 0.02 4 Synchronoss Technologies Inc 22 0.01
6 Kopin Corp 10 – 5 Telenav Inc 23 0.01
7 Kulicke & Soffa Industries Inc 158 0.08 13 TiVo Corp 131 0.06
12 Lattice Semiconductor Corp 73 0.04 2 TransAct Technologies Inc 21 0.01
11 LiveRamp Holdings Inc 502 0.25 5 TTEC Holdings Inc 145 0.07
4 Lumentum Holdings Inc 166 0.08 4 Ultra Clean Holdings Inc 38 0.02
3 Luna Innovations Inc 12 0.01 6 Unisys Corp 78 0.04
2 Luxoft Holding Inc 55 0.03 1 Upland Software Inc 37 0.02
1 MACOM Technology Solutions Holdings Inc 13 0.01 3 USA Technologies Inc 13 0.01
5 Manhattan Associates Inc 257 0.13 9 Veeco Instruments Inc 77 0.04
2 ManTech International Corp 130 0.06 5 Verint Systems Inc 235 0.12
1 Mastech Digital Inc 8 – 3 Virtusa Corp 154 0.08
– MAXIMUS Inc 28 0.01 1 Wayside Technology Group Inc 13 0.01
5 MaxLinear Inc 94 0.05 11 Wesco Aircraft Holdings Inc 103 0.05
7 Maxwell Technologies Inc 18 0.01 6 Xperi Corp 84 0.04
4 Mercury Systems Inc 190 0.09 1 Zedge Inc 3 –
1 MicroStrategy Inc 84 0.04 89 Zynga Inc 323 0.16
1 MINDBODY Inc 29 0.01 16,058 7.95
3 Mitek Systems Inc 26 0.01 Utilities - 3.42%
1 MKS Instruments Inc 109 0.05 7 ALLETE Inc 555 0.27
4 Monotype Imaging Holdings Inc 71 0.04 3 Ameresco Inc 44 0.02
2 MTS Systems Corp 79 0.04 6 American States Water Co 415 0.21
4 Nanometrics Inc 130 0.06 1 Artesian Resources Corp 46 0.02
8 NCR Corp 211 0.10 12 Atlantic Power Corp 26 0.01
9 NetScout Systems Inc 243 0.12 8 Atlantica Yield PLC 165 0.08
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 338
U.S. Small Companies Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) USD Value Shares (000's) USD Value
Common Stock (continued) Common Stock (continued)
Utilities -3.42% (continued) Utilities - 3.42% (continued)
5 Avista Corp 282 0.14 2 York Water Co 68 0.03
5 Black Hills Corp 324 0.16 6,914 3.42
5 California Water Service Group 221 0.11 Total Common Stock - 99.71% (30 November 2017: 99.87%) 201,384 99.71
1 Chesapeake Utilities Corp 120 0.06
4 Clearway Energy Inc, Class A 65 0.03 Preferred Stock
6 Clearway Energy Inc, Class C 114 0.06 Communications - 0.01%
2 Connecticut Water Service Inc 127 0.06
1 GCI Liberty Inc 22 0.01
3 Consolidated Water Co Ltd 40 0.02
22 0.01
4 El Paso Electric Co 216 0.11
Total Preferred Stock - 0.01% (30 November 2017: 0.00%) 22 0.01
5 Genie Energy Ltd 34 0.02
7 Hawaiian Electric Industries Inc 280 0.14
3 MGE Energy Inc 218 0.11 Real Estate Investment Trust
3 Middlesex Water Co 138 0.07 Financial - 0.00%
8 New Jersey Resources Corp 391 0.19 1 CorePoint Lodging Inc 10 –
3 Northwest Natural Holding Co 182 0.09 10 –
5 NorthWestern Corp 327 0.16 Total Real Estate Investment Trust - 0.00% (30 November
2017: 0.00%) 10 –
4 ONE Gas Inc 364 0.18
5 Ormat Technologies Inc 276 0.14
4 Otter Tail Corp 182 0.09 Rights
4 PICO Holdings Inc 41 0.02 Industrial - 0.00%
8 PNM Resources Inc 342 0.17 – XOMA Corp – –
5 Portland General Electric Co 214 0.11 – –
1 RGC Resources Inc 36 0.02 Total Rights – 0.00% (30 November 2017: 0.00%) – –
2 SJW Group 96 0.05 Total Investments - 99.72% (30 November 2017: 99.87%) 201,416 99.72
8 South Jersey Industries Inc 248 0.12
4 Southwest Gas Holdings Inc 286 0.14
4 Spire Inc 324 0.16
2 Unitil Corp 107 0.05
Futures Contracts
Unrealised
Appreciation % of Net
Number of Contracts of Contracts (000's) Asset
Long Investment Maturity Date Counterparty USD Value
2 S&P 500 E-Mini Index Futures 21/12/2018 Citibank 13 0.01
Net Unrealised Appreciation of Futures Contracts – 0.01% (30 November 2017: 0.00%) 13 0.01
% of Net
Value (000's) Asset
USD Value
Cash and Cash Equivalents - 0.40% (30 November 2017: 0.23%) 813 0.40
Other Liabilities in Excess of Other Assets - (0.13)% (30 November 2017: (0.10)%) (268) (0.13)
Total Net Assets 201,974 100.00
Amounts designated as “- “ are either $0, less than $500 or less than 500 shares.
Analysis of Total Assets (unaudited) % of Total Assets
Transferable securities admitted to an official exchange listing 99.24
Other transferable securities of the type referred to in Regulation 68 (1)(a), (b) and (c) 0.01
Exchange traded financial derivative instruments 0.01
Current Assets 0.74
Total Assets 100.00
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 339
World Allocation 20/80 Fund
Portfolio of Investments as at 30 November 2018
Value % of Net % of Net
(000's) Asset Face Value Coupon Maturity Value (000's) Asset
Shares (000's) GBP Value (000's) Rate % Date GBP Value
Investment Funds^ Corporate Bonds (continued)
Ireland - 63.33%* Supranational - 0.86%
64 Dimensional Funds plc - Global Core Equity Fund - 241 Council of Europe
GBP Distributing Class 1,431 2.00 Development Bank 1.875 22/12/2018 241 0.33
1,282 Dimensional Funds plc - Global Short Fixed Income 378 European Investment
Fund - GBP Distributing Class 12,701 17.75 Bank 1.500 01/02/2019 379 0.53
1,154 Dimensional Funds plc - Global Short-Term 620 0.86
Investment Grade Fixed Income Fund - GBP
Distributing Class 11,241 15.71 Sweden - 0.42%
719 Dimensional Funds plc - Global Ultra Short Fixed 300 Svensk Exportkredit
Income Fund - GBP Distributing Class 7,010 9.79 AB 1.875 21/12/2018 300 0.42
623 Dimensional Funds plc - World Equity Fund - GBP 300 0.42
Distributing Class 12,939 18.08
United Kingdom - 0.30%
45,322 63.33 200 Network Rail
United Kingdom - 17.85% Infrastructure Finance
1,232 Dimensional Funds ICVC - Global Short-Dated PLC 4.625 21/07/2020 212 0.30
Bond Fund - GBP Income Class 12,777 17.85 212 0.30
12,777 17.85 Total Corporate Bonds - 3.55% (30 November 2017: 4.69%) 2,540 3.55
Total Investment Funds - 81.18% (30 November 2017: 73.02%) 58,099 81.18
Government Bonds
% of Net Canada - 0.34%
Face Value Coupon Maturity Value (000's) Asset 145 Export Development
(000's) Rate % Date GBP Value Canada 1.875 17/12/2018 145 0.20
Corporate Bonds 100 Export Development
Canada 1.375 16/12/2019 100 0.14
Austria - 0.28%
200 Oesterreichische 245 0.34
Kontrollbank AG 2.000 17/12/2018 200 0.28 United Kingdom - 13.82%
200 0.28 3,267 United Kingdom Gilt 4.500 07/03/2019 3,299 4.62
Germany - 0.56% 2,488 United Kingdom Gilt 1.750 22/07/2019 2,504 3.50
200 FMS Wertmanagement 1.875 07/12/2018 200 0.28 4,003 United Kingdom Gilt 2.000 22/07/2020 4,084 5.70
200 Kreditanstalt fuer 9,887 13.82
Wiederaufbau 1.625 05/06/2020 202 0.28
Total Government Bonds - 14.16% (30 November 2017:
402 0.56 21.16%) 10,132 14.16
Netherlands - 1.13% Total Bonds - 17.71% (30 November 2017: 25.85%) 12,672 17.71
406 BNG Bank NV 1.875 07/12/2018 406 0.57 Total Investments - 98.89% (30 November 2017: 98.87%) 70,771 98.89
400 Nederlandse
Waterschapsbank NV 2.000 28/12/2018 400 0.56
806 1.13
Forward Currency Contracts
Unrealised
Appreciation/(Depreciation) % of Net
of Contracts (000's) Asset
Buy Amount (000's) Sell Amount (000's) Counterparty Maturity Date GBP Value
Buy 1,494 EUR Sell 1,324 GBP Bank of America Merrill Lynch 13/12/2018 4 0.01
Buy 17,987 EUR Sell 15,822 GBP State Street Bank 13/12/2018 163 0.22
Buy 461 EUR Sell 411 GBP State Street Bank 13/12/2018 (1) -
Buy 366 USD Sell 282 GBP State Street Bank 13/12/2018 5 0.01
Unrealised Appreciation of Forward Currency Contracts 172 0.24
Unrealised Depreciation of Forward Currency Contracts (1) -
Net Unrealised Appreciation of Forward Currency Contracts - 0.24% (30 November 2017: (0.17)%) 171 0.24
% of
Net
Value (000's) Asset
GBP Value
Cash and Cash Equivalents - 0.38% (30 November 2017: 0.44%) 273 0.38
Other Assets in Excess of Other Liabilities - 0.49% (30 November 2017: 0.86%) 352 0.49
Total Net Assets 71,567 100.00
Analysis of Total Assets (unaudited) % of Total Assets
Transferable securities admitted to an official exchange listing 17.26
Investment Funds 79.15
OTC Financial derivative instruments 0.23
Current Assets 3.36
Total Assets 100.00
* As disclosed in Note 10, the investments in Investment Funds are related party investments and have been eliminated in the Company total.
^ UCITS Investment Funds.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 340
World Allocation 40/60 Fund
Portfolio of Investments as at 30 November 2018
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Investment Funds^ Investment Funds^ (continued)
Ireland - 78.66%* United Kingdom - 20.59%
3,641 Dimensional Funds plc - Global Core Equity Fund - 399 Dimensional Funds ICVC - Emerging Markets Core
GBP Distributing Class 81,374 15.73 Equity Fund - GBP Income Class 14,040 2.72
9,272 Dimensional Funds plc - Global Short Fixed Income 8,914 Dimensional Funds ICVC - Global Short-Dated
Fund - GBP Distributing Class 91,885 17.77 Bond Fund - GBP Income Class 92,438 17.87
6,260 Dimensional Funds plc - Global Short-Term 106,478 20.59
Investment Grade Fixed Income Fund - GBP
Distributing Class 60,977 11.79 Total Investment Funds - 99.25% (30 November 2017: 99.07%) 513,300 99.25
840 Dimensional Funds plc - Global Targeted Value Total Investments - 99.25% (30 November 2017: 99.07%) 513,300 99.25
Fund - GBP Distributing Class 19,099 3.69
6,248 Dimensional Funds plc - Global Ultra Short Fixed
Income Fund - GBP Distributing Class 60,916 11.78
4,457 Dimensional Funds plc - World Equity Fund - GBP
Distributing Class 92,571 17.90
406,822 78.66
Forward Currency Contracts
Unrealised
Appreciation/(Depreciation) % of Net
of Contracts (000's) Asset
Buy Amount (000's) Sell Amount (000's) Counterparty Maturity Date GBP Value
Buy 20,340 EUR Sell 17,894 GBP State Street Bank 13/12/2018 182 0.03
Buy 391 EUR Sell 349 GBP State Street Bank 13/12/2018 (1) -
Buy 1,474 USD Sell 1,135 GBP State Street Bank 13/12/2018 21 -
Buy 528 EUR Sell 460 GBP JP Morgan 13/12/2018 10 -
Unrealised Appreciation of Forward Currency Contracts 213 0.03
Unrealised Depreciation of Forward Currency Contracts (1) 0.00
Net Unrealised Appreciation of Forward Currency Contracts - 0.03% (30 November 2017: (0.02)%) 212 0.03
% of
Net
Value (000's) Asset
GBP Value
Cash and Cash Equivalents - 0.16% (30 November 2017: 0.34%) 824 0.16
Other Assets in Excess of Other Liabilities - 0.56% (30 November 2017: 0.61%) 2,851 0.56
Total Net Assets 517,187 100.00
Analysis of Total Assets (unaudited) % of Total Assets
Investment Funds 98.77
OTC Financial derivative instruments 0.04
Current Assets 1.19
Total Assets 100.00
^ UCITS Investment Funds.
* As disclosed in Note 10, the investments in Investment Funds are related party investments and have been eliminated in the Company total.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 341
World Allocation 60/40 Fund
Portfolio of Investments as at 30 November 2018
Value % of Net
(000's) Asset
Shares (000's) GBP Value
Investment Funds^
Ireland - 77.77%*
7,502 Dimensional Funds plc - Global Core Equity Fund -
GBP Distributing Class 167,665 17.79
16,873 Dimensional Funds plc - Global Short Fixed Income
Fund - GBP Distributing Class 167,210 17.73
11,405 Dimensional Funds plc - Global Short-Term
Investment Grade Fixed Income Fund - GBP
Distributing Class 111,082 11.78
3,245 Dimensional Funds plc - Global Targeted Value
Fund - GBP Distributing Class 73,782 7.83
4,737 Dimensional Funds plc - Global Ultra Short Fixed
Income Fund - GBP Distributing Class 46,181 4.90
8,055 Dimensional Funds plc - World Equity Fund - GBP
Distributing Class 167,309 17.74
733,229 77.77
United Kingdom - 21.35%
1,340 Dimensional Funds ICVC - Emerging Markets Core
Equity Fund - GBP Income Class 47,168 5.00
4,499 Dimensional Funds ICVC - Global Short-Dated
Bond Fund - GBP Income Class 46,651 4.95
5,063 Dimensional Funds ICVC - International Core
Equity Fund - GBP Income Class 107,494 11.40
201,313 21.35
Total Investment Funds - 99.12% (30 November 2017: 99.05%) 934,542 99.12
Total Investments - 99.12% (30 November 2017: 99.05%) 934,542 99.12
Forward Currency Contracts
Unrealised
Appreciation/(Depreciation) % of Net
of Contracts (000's) Asset
Buy Amount (000's) Sell Amount (000's) Counterparty Maturity Date GBP Value
Buy 17,233 EUR Sell 15,162 GBP JP Morgan 13/12/2018 154 0.02
Buy 624 EUR Sell 554 GBP State Street Bank 13/12/2018 1 –
Buy 608 EUR Sell 542 GBP State Street Bank 13/12/2018 (1) –
Buy 53 USD Sell 41 GBP National Australia Bank 13/12/2018 – –
Buy 1,713 USD Sell 1,319 GBP State Street Bank 13/12/2018 23 –
Unrealised Appreciation of Forward Currency Contracts 178 0.02
Unrealised Depreciation of Forward Currency Contracts (1) –
Net Unrealised Appreciation of Forward Foreign Exchange Contracts - 0.02% (30 November 2017: 0.00%) 177 0.02
% of
Net
Value (000's) Asset
GBP Value
Cash and Cash Equivalents - 0.21% (30 November 2017: 0.31%) 1,941 0.21
Other Assets in Excess of Other Liabilities - 0.65% (30 November 2017: 0.64%) 6,217 0.65
Total Net Assets 942,877 100.00
Amounts designated as “–“ are either £0 or less than £500.
Analysis of Total Assets (unaudited) % of Total Assets
Investment Funds 98.68
OTC financial derivative instruments 0.02
Current Assets 1.30
Total Assets 100.00
^ UCITS Investment Funds.
* As disclosed in Note 10, the investments in Investment Funds are related party investments and have been eliminated in the Company total.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 342
World Allocation 80/20 Fund
Portfolio of Investments as at 30 November 2018
Value % of Net
(000's) Asset
Shares (000's) GBP Value
Investment Funds^
Ireland - 72.61%*
1,345 Dimensional Funds plc - Global Core Equity Fund -
GBP Distributing Class 30,065 17.83
1,682 Dimensional Funds plc - Global Short Fixed Income
Fund - GBP Distributing Class 16,664 9.88
1,707 Dimensional Funds plc - Global Short-Term
Investment Grade Fixed Income Fund - GBP
Distributing Class 16,629 9.86
1,278 Dimensional Funds plc - Global Targeted Value
Fund - GBP Distributing Class 29,055 17.23
1,444 Dimensional Funds plc - World Equity Fund - GBP
Distributing Class 30,001 17.81
122,414 72.61
United Kingdom - 26.53%
354 Dimensional Funds ICVC - Emerging Markets Core
Equity Fund - GBP Income Class 12,447 7.38
1,423 Dimensional Funds ICVC - International Core
Equity Fund - GBP Income Class 30,207 17.92
145 Dimensional Funds ICVC - UK Core Equity Fund -
GBP Income Class 2,072 1.23
44,726 26.53
Total Investment Funds - 99.14% (30 November 2017: 99.25%) 167,140 99.14
Total Investments - 99.14% (30 November 2017: 99.25%) 167,140 99.14
Forward Currency Contracts
Unrealised
Appreciation/(Depreciation) % of Net
of Contracts (000's) Asset
Buy Amount (000's) Sell Amount (000's) Counterparty Maturity Date GBP Value
Buy 3,033 EUR Sell 2,667 GBP State Street Bank 13/12/2018 29 0.02
Buy 240 EUR Sell 214 GBP State Street Bank 13/12/2018 (1) -
Buy 295 USD Sell 228 GBP State Street Bank 13/12/2018 3 -
Unrealised Appreciation of Forward Currency Contracts 32 0.02
Unrealised Depreciation of Forward Currency Contracts (1) -
Net Unrealised Appreciation of Forward Currency Contracts - 0.02% (30 November 2017: (0.01)%) 31 0.02
% of Net
Value (000's) Asset
GBP Value
Cash and Cash Equivalents - 0.13% (30 November 2017: 0.47%) 213 0.13
Other Assets in Excess of Other Liabilities - 0.71% (30 November 2017: 0.29%) 1,204 0.71
Total Net Assets 168,588 100.00
Analysis of Total Assets (unaudited) % of Total Assets
Investment Funds 98.19
OTC Financial derivative instruments 0.02
Current Assets 1.79
Total Assets 100.00
^ UCITS Investment Funds.
* As disclosed in Note 10, the investments in Investment Funds are related party investments and have been eliminated in the Company total.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 343
World Equity Fund
Portfolio of Investments as at 30 November 2018
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock Common Stock (continued)
Australia - 2.03% Australia - 2.03% (continued)
11 3P Learning Ltd 7 – 31 Cardno Ltd 19 –
13 A2B Australia Ltd 16 – 16 carsales.com Ltd 111 0.01
42 Accent Group Ltd 31 – 62 Cash Converters International Ltd 9 –
10 Adairs Ltd 10 – 7 Cedar Woods Properties Ltd 20 –
38 Adelaide Brighton Ltd 112 0.01 14 Centuria Capital Group 11 –
7 AGL Energy Ltd 74 0.01 26 Challenger Ltd 145 0.01
14 Ainsworth Game Technology Ltd 6 – 3 CIMIC Group Ltd 68 0.01
30 Alkane Resources Ltd 4 – 3 Citadel Group Ltd 15 –
13 ALS Ltd 52 – 5 Class Ltd 5 –
6 Altium Ltd 82 0.01 151 Cleanaway Waste Management Ltd 148 0.01
36 Alumina Ltd 46 – 19 Coca-Cola Amatil Ltd 96 0.01
23 AMA Group Ltd 13 – 2 Cochlear Ltd 152 0.01
6 Amaysim Australia Ltd 4 – 18 Codan Ltd 30 –
20 Amcor Ltd 158 0.01 17 Coles Group Ltd 112 0.01
143 AMP Ltd 200 0.02 15 Collection House Ltd 12 –
8 Ansell Ltd 106 0.01 15 Collins Foods Ltd 62 –
4 AP Eagers Ltd 15 – 35 Commonwealth Bank of Australia 1,443 0.11
17 APA Group 85 0.01 14 Computershare Ltd 151 0.01
19 Apollo Tourism & Leisure Ltd 14 – 122 Cooper Energy Ltd 29 –
7 Appen Ltd 55 – 5 Corporate Travel Management Ltd 61 –
4 ARB Corp Ltd 37 – 19 Costa Group Holdings Ltd 83 0.01
39 Ardent Leisure Group Ltd 33 – 3 Credit Corp Group Ltd 34 –
15 Aristocrat Leisure Ltd 200 0.02 12 Crown Resorts Ltd 83 0.01
8 ARQ Group Ltd 10 – 23 CSG Ltd 2 –
64 Asaleo Care Ltd 24 – 4 CSL Ltd 443 0.03
1 ASX Ltd 47 – 54 CSR Ltd 93 0.01
33 Atlas Arteria Ltd 126 0.01 9 Data#3 Ltd 8 –
2 AUB Group Ltd 17 – 34 Decmil Group Ltd 14 –
60 Aurelia Metals Ltd 25 – 25 Domain Holdings Australia Ltd 35 –
73 Aurizon Holdings Ltd 176 0.01 4 Domino's Pizza Enterprises Ltd 100 0.01
56 Ausdrill Ltd 47 – 48 Doray Minerals Ltd 9 –
59 AusNet Services 53 – 63 Downer EDI Ltd 226 0.02
29 Austal Ltd 31 – 25 DuluxGroup Ltd 99 0.01
90 Austin Engineering Ltd 12 – 10 DWS Ltd 7 –
66 Australia & New Zealand Banking Group Ltd 1,015 0.08 25 Eclipx Group Ltd 35 –
35 Australian Agricultural Co Ltd 24 – 16 Elders Ltd 64 –
22 Australian Finance Group Ltd 17 – 91 Energy World Corp Ltd 8 –
37 Australian Pharmaceutical Industries Ltd 31 – 1 EQT Holdings Ltd 9 –
3 Auswide Bank Ltd 10 – 12 ERM Power Ltd 12 –
18 Automotive Holdings Group Ltd 17 – 9 Event Hospitality and Entertainment Ltd 74 0.01
26 Aveo Group 26 – 125 Evolution Mining Ltd 225 0.02
10 Baby Bunting Group Ltd 13 – 16 Finbar Group Ltd 8 –
26 Bank of Queensland Ltd 151 0.01 28 FlexiGroup Ltd 24 –
12 Bapcor Ltd 44 – 4 Flight Centre Travel Group Ltd 114 0.01
46 Base Resources Ltd 6 – 122 Fortescue Metals Group Ltd 282 0.02
218 Beach Energy Ltd 192 0.01 40 G8 Education Ltd 64 –
27 Beadell Resources Ltd 1 – 10 Galaxy Resources Ltd 15 –
9 Bega Cheese Ltd 30 – 24 Genworth Mortgage Insurance Australia Ltd 31 –
5 Bellamy's Australia Ltd 21 – 22 Gold Road Resources Ltd 8 –
32 Bendigo & Adelaide Bank Ltd 196 0.02 22 GrainCorp Ltd 90 0.01
107 BHP Billiton Ltd 1,864 0.14 10 Greencross Ltd 31 –
22 Bingo Industries Ltd 28 – 5 GUD Holdings Ltd 35 –
1 Blackmores Ltd 70 0.01 25 GWA Group Ltd 38 –
61 BlueScope Steel Ltd 397 0.03 18 Hansen Technologies Ltd 38 –
40 Boral Ltd 118 0.01 64 Harvey Norman Holdings Ltd 116 0.01
33 Brambles Ltd 194 0.01 48 Healius Ltd 74 0.01
7 Bravura Solutions Ltd 14 – 96 Healthscope Ltd 125 0.01
6 Breville Group Ltd 38 – 23 HT&E Ltd 23 –
7 Brickworks Ltd 70 0.01 3 Huon Aquaculture Group Ltd 8 –
2 BWX Ltd 4 – 9 IDP Education Ltd 47 –
14 Caltex Australia Ltd 214 0.02 11 Iluka Resources Ltd 53 –
48 Imdex Ltd 32 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 344
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Australia - 2.03% (continued) Australia - 2.03% (continued)
32 IMF Bentham Ltd 54 – 10 OFX Group Ltd 10 –
93 Incitec Pivot Ltd 202 0.02 39 Oil Search Ltd 163 0.01
45 Independence Group NL 98 0.01 1 OneMarket Ltd 1 –
74 Infigen Energy 20 – 10 oOh!media Ltd 24 –
26 Infomedia Ltd 18 – 26 Orica Ltd 267 0.02
16 Inghams Group Ltd 39 – 61 Origin Energy Ltd 228 0.02
30 Insurance Australia Group Ltd 125 0.01 124 Orora Ltd 233 0.02
7 Integral Diagnostics Ltd 12 – 31 OZ Minerals Ltd 156 0.01
6 Integrated Research Ltd 6 – 2 Pacific Current Group Ltd 8 –
8 InvoCare Ltd 54 – 25 Pacific Energy Ltd 9 –
17 IOOF Holdings Ltd 68 0.01 17 Pact Group Holdings Ltd 33 –
17 IPH Ltd 57 – 26 Peet Ltd 16 –
7 IRESS Ltd 48 – 29 Pendal Group Ltd 140 0.01
12 iSelect Ltd 5 – 4 Perpetual Ltd 80 0.01
7 iSentia Group Ltd 1 – 91 Perseus Mining Ltd 18 –
9 IVE Group Ltd 11 – 8 Pioneer Credit Ltd 14 –
8 James Hardie Industries PLC 78 0.01 15 Platinum Asset Management Ltd 46 –
17 Japara Healthcare Ltd 12 – 27 PMP Ltd 3 –
14 JB Hi-Fi Ltd 193 0.01 36 Praemium Ltd 14 –
4 Jumbo Interactive Ltd 19 – 8 Premier Investments Ltd 76 0.01
45 Jupiter Mines Ltd 7 – 60 Prime Media Group Ltd 8 –
25 Karoon Gas Australia Ltd 14 – 3 Pro Medicus Ltd 16 –
2 Kogan.com Ltd 3 – 38 Qantas Airways Ltd 130 0.01
21 LendLease Group 154 0.01 46 QBE Insurance Group Ltd 300 0.02
4 Lifestyle Communities Ltd 12 – 109 Qube Holdings Ltd 168 0.01
28 Link Administration Holdings Ltd 113 0.01 21 Quintis Ltd 1 –
3 Lovisa Holdings Ltd 12 – 65 Ramelius Resources Ltd 14 –
36 Lynas Corp Ltd 43 – 3 Ramsay Health Care Ltd 81 0.01
22 MACA Ltd 11 – 19 RCR Tomlinson Ltd 9 –
10 Macquarie Group Ltd 673 0.05 1 REA Group Ltd 65 –
8 Magellan Financial Group Ltd 118 0.01 6 Reece Ltd 37 –
139 Mayne Pharma Group Ltd 78 0.01 8 Regis Healthcare Ltd 13 –
8 McMillan Shakespeare Ltd 62 – 58 Regis Resources Ltd 141 0.01
20 McPherson's Ltd 15 – 3 Reject Shop Ltd 6 –
120 Medibank Pvt Ltd 166 0.01 30 Reliance Worldwide Corp Ltd 83 0.01
28 Medusa Mining Ltd 5 – 84 Resolute Mining Ltd 46 –
40 Mesoblast Ltd 31 – 9 Retail Food Group Ltd 2 –
84 Metals X Ltd 20 – 26 Ridley Corp Ltd 21 –
92 Metcash Ltd 147 0.01 15 Rio Tinto Ltd 616 0.05
19 Mineral Resources Ltd 169 0.01 22 Sandfire Resources NL 80 0.01
93 MMA Offshore Ltd 9 – 64 Santos Ltd 204 0.02
3 MNF Group Ltd 8 – 78 Saracen Mineral Holdings Ltd 111 0.01
9 Monadelphous Group Ltd 70 0.01 6 SeaLink Travel Group Ltd 16 –
15 Monash IVF Group Ltd 8 – 14 Seek Ltd 150 0.01
15 Money3 Corp Ltd 14 – 11 Select Harvests Ltd 37 –
10 Mortgage Choice Ltd 7 – 112 Senex Energy Ltd 25 –
67 Mount Gibson Iron Ltd 20 – 9 Servcorp Ltd 15 –
64 Myer Holdings Ltd 17 – 33 Service Stream Ltd 34 –
37 MYOB Group Ltd 74 0.01 8 Seven Group Holdings Ltd 75 0.01
6 MyState Ltd 14 – 128 Seven West Media Ltd 50 –
62 National Australia Bank Ltd 885 0.07 5 SG Fleet Group Ltd 7 –
6 Navigator Global Investments Ltd 15 – 96 Sigma Healthcare Ltd 27 –
15 Navitas Ltd 43 – 3 Silver Chef Ltd 2 –
16 New Hope Corp Ltd 30 – 34 Silver Lake Resources Ltd 9 –
26 Newcrest Mining Ltd 305 0.02 17 Sims Metal Management Ltd 103 0.01
9 NEXTDC Ltd 35 – 3 SmartGroup Corp Ltd 19 –
33 nib holdings Ltd 95 0.01 9 Sonic Healthcare Ltd 114 0.01
3 Nick Scali Ltd 8 – 125 South32 Ltd 222 0.02
136 Nine Entertainment Co Holdings Ltd 138 0.01 76 Southern Cross Media Group Ltd 48 –
38 Northern Star Resources Ltd 174 0.01 90 Spark Infrastructure Group 122 0.01
61 NRW Holdings Ltd 64 – 28 SpeedCast International Ltd 53 –
28 Nufarm Ltd 96 0.01 62 St Barbara Ltd 157 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 345
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Australia - 2.03% (continued) Austria - 0.20% (continued)
50 Star Entertainment Grp Ltd 127 0.01 1 Semperit AG Holding 13 –
34 Steadfast Group Ltd 52 – 1 Strabag SE 38 –
26 Suncorp Group Ltd 200 0.02 13 Telekom Austria AG 77 0.01
812 Sundance Energy Australia Ltd 24 – 14 UNIQA Insurance Group AG 104 0.01
9 Sunland Group Ltd 7 – 4 Verbund AG 125 0.01
20 Super Retail Group Ltd 83 0.01 4 Vienna Insurance Group AG Wiener Versicherung
Gruppe 90 0.01
14 Sydney Airport 53 –
13 voestalpine AG 339 0.04
11 Syrah Resources Ltd 11 –
7 Wienerberger AG 117 0.01
63 Tabcorp Holdings Ltd 156 0.01
1 Zumtobel Group AG 7 –
21 Tassal Group Ltd 50 –
16 Technology One Ltd 59 – 2,621 0.20
61 Telstra Corp Ltd 102 0.01 Belgium - 0.41%
56 Terracom Ltd 19 – 2 Ackermans & van Haaren NV 296 0.02
12 Thorn Group Ltd 4 0.01 15 Ageas 566 0.04
39 TPG Telecom Ltd 160 0.02 23 AGFA-Gevaert NV 78 0.01
18 Transurban Group 121 0.02 12 Anheuser-Busch InBev SA/NV 715 0.05
8 Treasury Wine Estates Ltd 67 0.02 – Argenx SE 28 –
79 Troy Resources Ltd 5 0.01 – Atenor 19 –
10 Villa World Ltd 11 0.01 – Banque Nationale de Belgique 11 –
6 Village Roadshow Ltd 8 0.01 1 Barco NV 79 0.01
49 Virgin Australia Holdings Ltd 5 0.01 4 Bekaert SA 73 0.01
9 Virtus Health Ltd 25 0.01 4 bpost SA 40 –
16 Vita Group Ltd 10 0.01 1 Cie d'Entreprises CFE 81 0.01
64 Vocus Group Ltd 124 0.02 – Cie Immobiliere de Belgique SA 9 –
9 Webjet Ltd 63 0.01 6 Colruyt SA 316 0.02
17 Wesfarmers Ltd 302 0.03 3 D'ieteren SA/NV 80 0.01
23 Western Areas Ltd 29 0.01 4 Deceuninck NV 8 –
16 Westgold Resources Ltd 9 0.01 7 Econocom Group SA/NV 20 –
74 Westpac Banking Corp 1,103 0.09 2 Elia System Operator SA/NV 94 0.01
72 Whitehaven Coal Ltd 178 0.02 14 Euronav NV 99 0.01
6 WiseTech Global Ltd 60 0.01 1 EVS Broadcast Equipment SA 19 –
19 Woodside Petroleum Ltd 344 0.04 4 Exmar NV 25 –
10 Woolworths Group Ltd 170 0.02 3 Fagron 43 –
31 WorleyParsons Ltd 238 0.03 1 Galapagos NV 58 –
41 WPP AUNZ Ltd 15 – 2 Gimv NV 66 0.01
1 Xero Ltd 13 – 1 Jensen-Group NV 17 –
26,436 2.03 7 KBC Group NV 393 0.03
Austria - 0.20% 1 Kinepolis Group NV 54 –
– Lotus Bakeries 33 –
1 Agrana Beteiligungs AG 23 –
1 Melexis NV 57 –
4 Andritz AG 152 0.01
9 Nyrstar NV 6 –
3 AT&S Austria Technologie & Systemtechnik AG 43 –
7 Ontex Group NV 119 0.01
9 Atrium European Real Estate Ltd 28 –
3 Orange Belgium SA 51 –
5 CA Immobilien Anlagen AG 115 0.01
5 Oxurion NV 15 –
– DO & CO AG 33 –
– Picanol 14 –
9 Erste Group Bank AG 289 0.02
18 Proximus SADP 382 0.03
4 EVN AG 46 –
4 Recticel SA 24 –
1 FACC AG 16 –
– Resilux 16 –
1 Flughafen Wien AG 18 –
– Roularta Media Group NV 5 –
5 IMMOFINANZ AG 99 0.01
1 Sioen Industries NV 15 –
– Kapsch TrafficCom AG 11 –
1 Sipef NV 24 –
1 Lenzing AG 112 0.01
5 Solvay SA 435 0.03
1 Mayr Melnhof Karton AG 94 0.01
3 Telenet Group Holding NV 121 0.01
– Oberbank AG 14 –
– TER Beke SA 10 –
2 Oesterreichische Post AG 71 0.01
3 Tessenderlo Group SA 91 0.02
4 OMV AG 141 0.01
4 UCB SA 295 0.03
1 Palfinger AG 24 –
10 Umicore SA 334 0.04
1 POLYTEC Holding AG 11 –
– Van de Velde NV 7 –
1 Porr AG 21 –
2 Viohalco SA 5 –
11 Raiffeisen Bank International AG 256 0.02
– Rosenbauer International AG 12 – 5,346 0.41
4 S IMMO AG 50 – Brazil - 0.73%
– Schoeller-Bleckmann Oilfield Equipment AG 32 – 12 AES Tiete Energia SA 26 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 346
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Brazil - 0.73% (continued) Brazil - 0.73% (continued)
9 Aliansce Shopping Centers SA 34 – 12 International Meal Co Alimentacao SA 17 –
2 Alliar Medicos A Frente SA 6 – 10 Iochpe Maxion SA 47 –
10 Alupar Investimento SA 37 – 5 IRB Brasil Resseguros S/A 78 0.01
18 Ambev SA 62 – 5 Itau Unibanco Holding SA 34 –
15 Ambev SA, ADR 49 – 87 JBS SA 209 0.02
3 Arezzo Industria e Comercio SA 30 – 4 JSL SA 6 –
7 Atacadao Distribuicao Comercio e Industria Ltda 23 – 2 Kepler Weber SA 6 –
13 B2W Cia Digital 100 0.01 12 Klabin SA 41 –
95 B3 SA - Brasil Bolsa Balcao 545 0.04 88 Kroton Educacional SA 187 0.01
17 Banco Bradesco SA 118 0.01 7 Light SA 23 –
1 Banco Bradesco, ADR 11 – 33 Localiza Rent a Car SA 183 0.01
24 Banco do Brasil SA 219 0.02 8 Lojas Americanas SA 23 –
9 Banco Santander Brasil SA 75 0.01 35 Lojas Renner SA 275 0.02
16 BB Seguridade Participacoes SA 90 0.01 7 M Dias Branco SA 57 –
51 BR Malls Participacoes SA 134 0.01 3 Magazine Luiza SA 115 0.01
16 BR Properties SA 24 – 3 Magnesita Refratarios SA 34 –
6 BrasilAgro - Co Brasileira de Propriedades 7 Mahle-Metal Leve SA 33 –
Agricolas 19 –
13 Marcopolo SA 8 –
1 Braskem SA, ADR 24 –
9 Marisa Lojas SA 10 –
28 BRF SA 128 0.01
14 Mills Estruturas e Servicos de Engenharia SA 9 –
91 CCR SA 240 0.02
9 Movida Participacoes SA 15 –
11 Centrais Eletricas Brasileiras SA 54 –
27 MRV Engenharia e Participacoes SA 67 0.01
8 Cia de Locacao das Americas 56 –
4 Multiplus SA 18 –
11 Cia de Saneamento Basico do Estado de Sao
Paulo 65 – 14 Natura Cosmeticos SA 119 0.01
4 Cia de Saneamento de Minas Gerais-COPASA 39 – 18 Odontoprev SA 51 –
7 Cia de Saneamento do Parana 86 0.01 3 Omega Geracao SA 8 –
12 Cia Energetica de Minas Gerais 32 – 24 Paranapanema SA 7 –
1 Cia Paranaense de Energia 9 – 85 Petroleo Brasileiro SA 487 0.04
83 Cia Siderurgica Nacional SA 149 0.01 13 Porto Seguro SA 139 0.01
26 Cielo SA 51 – 14 Portobello SA 14 –
5 Construtora Tenda SA 33 – 14 QGEP Participacoes SA 29 –
18 Cosan Logistica SA 49 – 26 Qualicorp Consultoria e Corretora de Seguros SA 73 0.01
16 Cosan SA 108 0.01 11 Raia Drogasil SA 132 0.01
6 CSU Cardsystem SA 8 – 1 Restoque Comercio e Confeccoes de Roupas SA 5 –
11 CVC Brasil Operadora e Agencia de Viagens SA 134 0.01 68 Rumo SA 241 0.02
30 Cyrela Brazil Realty SA Empreendimentos e 26 Santos Brasil Participacoes SA 22 –
Participacoes 87 0.01 2 Sao Carlos Empreendimentos e Participacoes SA 9 –
– Dimed SA Distribuidora da Medicamentos 19 – 23 Sao Martinho SA 83 0.01
13 Direcional Engenharia SA 21 – 7 Ser Educacional SA 22 –
32 Duratex SA 79 0.01 6 SLC Agricola SA 60 –
14 EcoRodovias Infraestrutura e Logistica SA 26 – 3 Smiles Fidelidade SA 30 –
22 EDP - Energias do Brasil SA 61 – 2 Sonae Sierra Brasil SA 12 –
17 Embraer SA 74 0.01 32 Sul America SA 176 0.01
4 Embraer SA, ADR 76 0.01 23 Suzano Papel e Celulose SA 188 0.01
12 Energisa SA 89 0.01 17 Tecnisa SA 4 –
13 Eneva SA 36 – 3 Tegma Gestao Logistica SA 16 –
5 Engie Brasil Energia SA 45 – 1 Telefonica Brasil SA, ADR 11 –
10 Equatorial Energia SA 153 0.01 27 TIM Participacoes SA 65 0.01
27 Estacio Participacoes SA 136 0.01 23 Transmissora Alianca de Energia Eletrica SA 102 0.02
26 Even Construtora e Incorporadora SA 27 – 6 Tupy SA 25 0.01
6 Ez Tec Empreendimentos e Participacoes SA 27 – 8 Ultrapar Participacoes SA 76 0.02
17 Fibria Celulose SA 245 0.02 1 Unipar Carbocloro SA 10 0.01
15 Fleury SA 66 0.01 13 Usinas Siderurgicas de Minas Gerais SA 30 0.01
6 Gafisa SA 19 – 106 Vale SA 1,136 0.1
12 Gerdau SA 30 – 5 Valid Solucoes e Servicos de Seguranca em Meios
37 Gerdau SA, ADR 117 0.01 de Pagamento e Identificacao SA 18 0.01
10 Grendene SA 16 – 70 Via Varejo SA 74 0.02
1 Guararapes Confeccoes SA 30 – 4 Vulcabras Azaleia SA 5 –
7 Hapvida Participacoes e Investimentos 39 – 14 WEG SA 50 –
44 Helbor Empreendimentos SA 12 – 4 Wiz Solucoes e Corretagem de Seguros SA 6 –
12 Hypera SA 76 0.01 9,533 0.73
4 Iguatemi Empresa de Shopping Centers SA 30 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 347
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Canada - 2.87% Canada - 2.87% (continued)
9 5N Plus Inc 16 – 1 Calian Group Ltd 12 –
2 Absolute Software Corp 12 – 25 Cameco Corp 236 0.02
1 Acadian Timber Corp 6 – 13 Canaccord Genuity Group Inc 52 –
22 Advantage Oil & Gas Ltd 30 – 14 Canacol Energy Ltd 32 –
5 Aecon Group Inc 60 – – Canada Goose Holdings Inc 21 –
22 Africa Oil Corp 15 – 10 Canadian Imperial Bank of Commerce 684 0.05
1 Ag Growth International Inc 22 – 2 Canadian Imperial Bank of Commerce 124 0.01
6 AGF Management Ltd 19 – 7 Canadian National Railway Co 474 0.04
7 Agnico Eagle Mines Ltd 206 0.02 48 Canadian Natural Resources Ltd 952 0.07
2 AGT Food & Ingredients Inc 23 – 1 Canadian Pacific Railway Ltd (Canada listing) 222 0.02
9 Aimia Inc 18 – – Canadian Pacific Railway Ltd (US listing) 20 –
9 Air Canada 154 0.01 2 Canadian Tire Corp Ltd 197 0.02
1 AirBoss of America Corp 8 – 2 Canadian Utilities Ltd 34 –
2 AKITA Drilling Ltd 5 – 9 Canadian Western Bank 156 0.01
25 Alacer Gold Corp 31 – 9 Canfor Corp 94 0.01
34 Alamos Gold Inc 85 0.01 4 Canfor Pulp Products Inc 50 –
4 Alaris Royalty Corp 48 – 1 Canopy Growth Corp 16 –
3 Alcanna Inc 15 – 5 CanWel Building Materials Group Ltd 14 –
12 Alexco Resource Corp 7 – 7 Capital Power Corp 109 0.01
1 Algoma Central Corp 10 – 38 Capstone Mining Corp 14 –
17 Algonquin Power & Utilities Corp 138 0.01 10 Cardinal Energy Ltd 16 –
4 Alimentation Couche-Tard Inc 178 0.01 9 Cascades Inc 64 –
6 Alio Gold Inc 3 – 5 CCL Industries Inc 146 0.01
11 AltaGas Ltd 93 0.01 12 Celestica Inc 100 0.01
4 Altius Minerals Corp 28 – 37 Cenovus Energy Inc 214 0.02
3 Altus Group Ltd 53 – 21 Centerra Gold Inc 66 0.01
7 Amerigo Resources Ltd 4 – 1 Cervus Equipment Corp 10 –
3 Andrew Peller Ltd 27 – 7 CES Energy Solutions Corp 12 –
41 ARC Resources Ltd 220 0.02 5 CGI Group Inc 231 0.02
12 Argonaut Gold Inc 9 – 8 Chartwell Retirement Residences 75 0.01
4 Aritzia Inc 40 – 1 Chesswood Group Ltd 4 –
2 Arrow Exploration Corp – – 24 China Gold International Resources Corp Ltd 26 –
13 Asanko Gold Inc 6 – 12 CI Financial Corp 141 0.01
3 Atco Ltd 78 0.01 8 Cineplex Inc 122 0.01
42 Athabasca Oil Corp 26 – 2 Clearwater Seafoods Inc 8 –
5 ATS Automation Tooling Systems Inc 51 – 2 Cogeco Communications Inc 87 0.01
4 Aurora Cannabis Inc 20 – 1 Cogeco Inc 27 –
3 AutoCanada Inc 22 – 2 Colliers International Group Inc 119 0.01
110 B2Gold Corp 212 0.02 6 Computer Modelling Group Ltd 22 –
3 Badger Daylighting Ltd 55 – 3 Conifex Timber Inc 4 –
23 Bank of Montreal 1,343 0.10 1 Constellation Software Inc 293 0.02
30 Bank of Nova Scotia 1,296 0.10 12 Continental Gold Inc 15 –
89 Barrick Gold Corp 889 0.07 20 Copper Mountain Mining Corp 10 –
35 Bausch Health Cos Inc 674 0.05 1 Corby Spirit and Wine Ltd 7 –
48 Baytex Energy Corp 69 0.01 16 Corus Entertainment Inc 45 –
2 BCE Inc 53 – 17 Cott Corp 195 0.01
6 Bellatrix Exploration Ltd 3 – 49 Crescent Point Energy Corp 115 0.01
24 Birchcliff Energy Ltd 50 – 13 Crew Energy Inc 9 –
3 Bird Construction Inc 13 – 6 CRH Medical Corp 18 –
2 Black Diamond Group Ltd 3 – 17 Delphi Energy Corp 6 –
8 BlackBerry Ltd 57 – 62 Denison Mines Corp 28 –
24 BlackPearl Resources Inc 14 – 2 Descartes Systems Group Inc 53 –
8 Bombardier Inc, Class A 11 – 15 Detour Gold Corp 89 0.01
68 Bombardier Inc, Class B 90 0.01 30 DHX Media Ltd 62 –
26 Bonavista Energy Corp 20 – 6 Dollarama Inc 134 0.01
2 Bonterra Energy Corp 10 – 2 Dorel Industries Inc 23 –
8 Boralex Inc 88 0.01 4 DREAM Unlimited Corp 17 –
5 Brookfield Asset Management Inc 165 0.01 19 Dundee Precious Metals Inc 38 –
1 Brookfield Real Estate Services Inc 9 – – E-L Financial Corp Ltd 65 –
2 BRP Inc 48 – 31 ECN Capital Corp 64 –
16 CAE Inc 250 0.02 64 Eldorado Gold Corp 29 –
11 Calfrac Well Services Ltd 17 – 36 Element Fleet Management Corp 152 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 348
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Canada - 2.87% (continued) Canada - 2.87% (continued)
1 Emera Inc 24 – 4 Imperial Metals Corp 3 –
15 Empire Co Ltd 229 0.02 6 Imperial Oil Ltd 129 0.01
15 Enbridge Inc (Canada listing) 398 0.03 1 Indigo Books & Music Inc 6 –
4 Enbridge Inc (US listing) 93 0.01 9 Industrial Alliance Insurance & Financial Services
Inc 250 0.02
33 Encana Corp 175 0.01
1 Information Services Corp 10 –
5 Endeavour Mining Corp 49 –
12 Innergex Renewable Energy Inc 86 0.01
5 Endeavour Silver Corp 7 –
2 Intact Financial Corp 122 0.01
9 Enerflex Ltd 85 0.01
13 Inter Pipeline Ltd 168 0.01
11 Energy Fuels Inc 28 –
9 Interfor Corp 80 0.01
32 Enerplus Corp 242 0.02
4 Intertape Polymer Group Inc 37 –
1 Enghouse Systems Ltd 45 –
4 Invesque Inc 21 –
16 Ensign Energy Services Inc 48 –
47 Ivanhoe Mines Ltd 73 0.01
1 Equitable Group Inc 58 –
1 Jamieson Wellness Inc 15 –
2 Evertz Technologies Ltd 18 –
6 Just Energy Group Inc 19 –
2 Exchange Income Corp 35 –
– K-Bro Linen Inc 8 –
3 Exco Technologies Ltd 19 –
15 Kelt Exploration Ltd 39 –
6 Extendicare Inc 24 –
9 Keyera Corp 162 0.01
1 Fairfax Financial Holdings Ltd (Canada listing) 355 0.03
1 Kinaxis Inc 54 –
– Fairfax Financial Holdings Ltd (US listing) 129 0.01
139 Kinross Gold Corp 295 0.02
4 Fiera Capital Corp 24 –
14 Kirkland Lake Gold Ltd 226 0.02
11 Finning International Inc 186 0.01
11 Knight Therapeutics Inc 54 –
3 Firm Capital Mortgage Investment Corp 21 –
1 KP Tissue Inc 3 –
7 First Capital Realty Inc 86 0.01
3 Labrador Iron Ore Royalty Corp 46 –
17 First Majestic Silver Corp 62 –
12 Largo Resources Ltd 25 –
1 First National Financial Corp 22 –
– Lassonde Industries Inc 12 –
27 First Quantum Minerals Ltd 194 0.01
4 Laurentian Bank of Canada 104 0.01
2 FirstService Corp 143 0.01
2 Leon's Furniture Ltd 14 –
29 Fission Uranium Corp 11 –
6 Linamar Corp 170 0.01
2 Fortis Inc (Canada listing) 48 –
3 Loblaw Cos Ltd 107 0.01
4 Fortis Inc (US listing) 120 0.01
42 Lucara Diamond Corp 46 –
18 Fortuna Silver Mines Inc 45 –
6 Lundin Gold Inc 16 –
1 Franco-Nevada Corp 61 –
76 Lundin Mining Corp 261 0.02
6 Freehold Royalties Ltd 31 –
3 Magellan Aerospace Corp 26 –
3 Gamehost Inc 18 –
13 Magna International Inc 492 0.04
1 GDI Integrated Facility Services Inc 7 –
– Mainstreet Equity Corp 11 –
20 Gear Energy Ltd 7 –
7 Major Drilling Group International Inc 20 –
4 Genworth MI Canada Inc 98 0.01
35 Mandalay Resources Corp 1 –
3 George Weston Ltd 183 0.01
40 Manulife Financial Corp 517 0.04
6 Gibson Energy Inc 78 0.01
6 Maple Leaf Foods Inc 98 0.01
7 Gildan Activewear Inc 169 0.01
10 Martinrea International Inc 65 –
3 Gluskin Sheff + Associates Inc 18 –
1 Maxar Technologies Ltd 18 –
7 GMP Capital Inc 8 –
4 Maxar Technologies Ltd 51 –
2 goeasy Ltd 36 –
2 Mediagrif Interactive Technologies Inc 10 –
29 Goldcorp Inc 213 0.02
5 Medical Facilities Corp 45 –
5 Golden Star Resources Ltd 13 –
22 MEG Energy Corp 106 0.01
42 Gran Tierra Energy Inc 88 0.01
2 Melcor Developments Ltd 15 –
2 Granite Oil Corp 1 –
6 Methanex Corp 256 0.02
4 Great Canadian Gaming Corp 116 0.01
7 Metro Inc 188 0.01
8 Great-West Lifeco Inc 136 0.01
– Morguard Corp 32 –
2 Guardian Capital Group Ltd 27 –
3 Morneau Shepell Inc 51 –
17 Guyana Goldfields Inc 14 –
1 MTY Food Group Inc 51 –
4 Heroux-Devtek Inc 35 –
9 Mullen Group Ltd 66 0.01
4 High Arctic Energy Services Inc 8 –
19 National Bank of Canada 667 0.05
3 High Liner Foods Inc 11 –
28 Nevsun Resources Ltd 97 0.01
6 Home Capital Group Inc 67 0.01
47 New Gold Inc 29 –
21 Horizon North Logistics Inc 28 –
6 NFI Group Inc 127 0.01
24 Hudbay Minerals Inc 97 0.01
4 Norbord Inc 94 0.01
6 Hudson's Bay Co 31 –
5 North American Construction Group Ltd 37 –
24 Husky Energy Inc 231 0.02
4 North West Co Inc 68 0.01
6 Hydro One Ltd 64 –
9 Northland Power Inc 116 0.01
50 IAMGOLD Corp 119 0.01
13 Nutrien Ltd 510 0.04
3 IGM Financial Inc 59 –
16 NuVista Energy Ltd 37 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 349
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Canada - 2.87% (continued) Canada - 2.87% (continued)
51 Obsidian Energy Ltd 20 – 2 Stella-Jones Inc 59 –
63 OceanaGold Corp 144 0.01 4 STEP Energy Services Ltd 6 –
2 Onex Corp 105 0.01 5 Storm Resources Ltd 6 –
8 Open Text Corp 203 0.02 46 Stornoway Diamond Corp 5 –
12 Osisko Gold Royalties Ltd 68 0.01 7 Street Capital Group Inc 3 –
18 Painted Pony Energy Ltd 19 – 3 Stuart Olson Inc 8 –
16 Pan American Silver Corp 162 0.01 13 Sun Life Financial Inc 369 0.03
7 Paramount Resources Ltd 28 – 51 Suncor Energy Inc 1,281 0.10
20 Parex Resources Inc 197 0.02 18 Superior Plus Corp 108 0.01
9 Parkland Fuel Corp 197 0.02 33 Surge Energy Inc 30 –
5 Pason Systems Inc 58 – 21 Tahoe Resources Inc 59 –
10 Pembina Pipeline Corp 259 0.02 21 Tamarack Valley Energy Ltd 28 –
42 Pengrowth Energy Corp 17 – 33 Taseko Mines Ltd 17 –
18 Peyto Exploration & Development Corp 106 0.01 38 Teck Resources Ltd 608 0.05
– PHX Energy Services Corp 1 – 1 TELUS Corp 31 –
29 Pine Cliff Energy Ltd 5 – 11 Teranga Gold Corp 21 –
2 Pizza Pizza Royalty Corp 12 – 1 Tervita Corp 3 –
2 Polaris Infrastructure Inc 9 – 10 TFI International Inc 255 0.02
1 Pollard Banknote Ltd 12 – 2 Thomson Reuters Corp 90 0.01
6 PrairieSky Royalty Ltd 60 – 3 TMX Group Ltd 139 0.01
29 Precision Drilling Corp 51 – 17 TORC Oil & Gas Ltd 49 0.01
18 Premier Gold Mines Ltd 16 – 7 Torex Gold Resources Inc 45 0.01
2 Premium Brands Holdings Corp 96 0.01 4 Toromont Industries Ltd 127 0.02
10 Pretium Resources Inc 54 – 22 Toronto-Dominion Bank 960 0.08
9 Pulse Seismic Inc 10 – 1 Torstar Corp 1 0.01
22 Quarterhill Inc 18 – 4 Total Energy Services Inc 24 0.01
7 Quebecor Inc 113 0.01 20 Tourmaline Oil Corp 221 0.03
2 Recipe Unlimited Corp 35 – 31 TransAlta Corp 130 0.02
2 Reitmans Canada Ltd 5 – 7 TransAlta Renewables Inc 43 0.01
Restaurant Brands International Inc (Canada 5 TransCanada Corp 150 0.02
4 listing) 179 0.01
9 Transcontinental Inc 109 0.02
1 Restaurant Brands International Inc (US listing) 27 –
4 TransGlobe Energy Corp 7 0.01
3 Richelieu Hardware Ltd 40 –
43 Trevali Mining Corp 12 0.01
1 Ritchie Bros Auctioneers Inc 38 –
31 Trican Well Service Ltd 22 0.01
1 Rocky Mountain Dealerships Inc 8 –
8 Tricon Capital Group Inc 51 0.01
3 Rogers Communications Inc 117 0.01
1 Trisura Group Ltd 16 0.01
10 Rogers Sugar Inc 35 –
61 Turquoise Hill Resources Ltd 85 0.02
15 Roxgold Inc 7 –
4 Uni-Select Inc 58 0.01
15 Royal Bank of Canada (Canada listing) 840 0.06
2 Valener Inc 28 0.01
3 Royal Bank of Canada (US listing) 184 0.01
12 Vermilion Energy Inc 237 0.03
8 Russel Metals Inc 107 0.01
3 Wajax Corp 29 0.01
16 Sabina Gold & Silver Corp 13 –
2 Waste Connections Inc 107 0.02
16 Sandstorm Gold Ltd 53 –
10 Wesdome Gold Mines Ltd 22 0.01
5 Saputo Inc 112 0.01
6 West Fraser Timber Co Ltd 229 0.03
2 Savaria Corp 17 –
5 Western Energy Services Corp 1 0.01
15 Secure Energy Services Inc 65 –
46 Western Forest Products Inc 53 0.01
34 SEMAFO Inc 49 –
1 WestJet Airlines Ltd 14 0.01
31 Seven Generations Energy Ltd 188 0.01
6 Westshore Terminals Investment Corp 83 0.02
12 Shaw Communications Inc 181 0.01
16 Wheaton Precious Metals Corp 199 0.03
4 ShawCor Ltd 47 –
41 Whitecap Resources Inc 115 0.02
39 Sherritt International Corp 11 –
3 Winpak Ltd 74 0.02
– Shopify Inc 36 –
4 WSP Global Inc 166 0.02
3 Sienna Senior Living Inc 26 –
86 Yamana Gold Inc 140 0.01
3 Sierra Metals Inc 6 –
11 Yangarra Resources Ltd 16 –
– Sierra Wireless Inc (Canada listing) 6 –
2 ZCL Composites Inc 6 –
3 Sierra Wireless Inc (US listing) 36 –
37,308 2.87
3 Sleep Country Canada Holdings Inc 34 –
Chile - 0.13%
6 SNC-Lavalin Group Inc 175 0.01
82 AES Gener SA 18 –
1 Spin Master Corp 22 –
82 Aguas Andinas SA 38 –
14 Sprott Inc 23 –
1 Banco de Chile, ADR 29 –
13 SSR Mining Inc 105 0.01
2 Banco de Credito e Inversiones SA 77 0.01
8 Stantec Inc 147 0.01
3 Banco Santander Chile, ADR 73 0.01
12 Stars Group Inc 183 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 350
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Chile - 0.13% (continued) China - 3.25% (continued)
41 Besalco SA 28 – 43 Ausnutria Dairy Corp Ltd 42 –
10 CAP SA 69 0.01 496 AVIC International Holding HK Ltd 10 –
49 Cencosud SA 71 0.01 36 AVIC International Holdings Ltd 15 –
2 Cia Cervecerias Unidas SA 19 – 198 AviChina Industry & Technology Co Ltd 110 0.01
1 Cia Cervecerias Unidas SA, ADR 26 – 223 BAIC Motor Corp Ltd 108 0.01
1,632 Cia Sud Americana de Vapores SA 39 – 1,538 Bank of China Ltd 529 0.04
– Clinica Las Condes SA 7 – 77 Bank of Chongqing Co Ltd 36 –
206 Colbun SA 33 – 150 Bank of Communications Co Ltd 90 0.01
15 Empresa Nacional de Telecomunicaciones SA 97 0.01 36 Bank of Zhengzhou Co Ltd 14 –
23 Empresas AquaChile SA 13 – 24 Baoye Group Co Ltd 10 –
38 Empresas CMPC SA 103 0.01 239 BBMG Corp 61 –
6 Empresas COPEC SA 61 – 150 Beijing Capital International Airport Co Ltd 131 0.01
393 Empresas La Polar SA 16 – 106 Beijing Capital Land Ltd 33 –
1 Empresas Lipigas SA 7 – 1,731 Beijing Enterprises Clean Energy Group Ltd 18 –
596 Enel Americas SA 81 0.01 32 Beijing Enterprises Holdings Ltd 146 0.01
7 Enel Americas SA, ADR 51 – 594 Beijing Enterprises Medical & Health Group Ltd 13 –
250 Enel Chile SA 19 – 450 Beijing Enterprises Water Group Ltd 205 0.02
9 Enel Chile SA, ADR 33 – 320 Beijing Gas Blue Sky Holdings Ltd 8 –
31 Engie Energia Chile SA 45 – 42 Beijing Jingneng Clean Energy Co Ltd 6 –
5 Forus SA 11 – 84 Beijing North Star Co Ltd 20 –
98 Grupo Security SA 33 – 264 Beijing Properties Holdings Ltd 7 –
6 Hortifrut SA 15 – 27 Beijing Urban Construction Design & Development
Group Co Ltd 7 –
49 Inversiones Aguas Metropolitanas SA 57 –
30 Best Pacific International Holdings Ltd 7 –
3 Inversiones La Construccion SA 42 –
1 Bitauto Holdings Ltd, ADR 21 –
5,816 Itau CorpBanca 43 –
268 Bosideng International Holdings Ltd 37 –
1 Itau CorpBanca, ADR 12 –
46 Boyaa Interactive International Ltd 7 –
6 Latam Airlines Group SA, ADR 48 –
218 Brilliance China Automotive Holdings Ltd 152 0.01
175 Masisa SA 8 –
30 BYD Co Ltd 178 0.01
76 Multiexport Foods SA 33 –
77 BYD Electronic International Co Ltd 85 0.01
32 Parque Arauco SA 59 –
147 C C Land Holdings Ltd 27 –
10 PAZ Corp SA 11 –
35 C.banner International Holdings Ltd 2 –
56 Ripley Corp SA 38 –
55 Canvest Environmental Protection Group Co Ltd 22 –
6 SACI Falabella 37 –
688 Capital Environment Holdings Ltd 11 –
33 Salfacorp SA 38 –
79 CAR Inc 55 –
5 Sigdo Koppers SA 7 0.01
710 Carnival Group International Holdings Ltd 8 –
131 SMU SA 30 0.01
76 Central China Real Estate Ltd 22 –
280 Sociedad Matriz SAAM SA 19 0.01
66 Central China Securities Co Ltd 12 –
2 Sociedad Quimica y Minera de Chile SA, ADR 54 0.01
168 CGN Meiya Power Holdings Co Ltd 20 –
19 Socovesa SA 8 0.01
367 CGN Power Co Ltd 72 0.01
56 SONDA SA 66 0.01
19 Changshouhua Food Co Ltd 5 –
20 Vina Concha y Toro SA 30 –
– Changyou.com Ltd, ADR 5 –
1,752 0.13
70 Chaowei Power Holdings Ltd 26 –
China - 3.25%
1 Cheetah Mobile Inc, ADR 5 –
107 361 Degrees International Ltd 21 –
26 Chiho Environmental Group Ltd 6 –
43 3SBio Inc 50 –
176 China Aerospace International Holdings Ltd 9 –
2 58.com Inc, ADR 70 0.01
205 China Agri-Industries Holdings Ltd 61 –
36 AAC Technologies Holdings Inc 203 0.02
24 China Aircraft Leasing Group Holdings Ltd 19 –
41 AAG Energy Holdings Ltd 5 –
80 China All Access Holdings Ltd 3 –
194 Agile Group Holdings Ltd 208 0.02
46 China Animation Characters Co Ltd 13 –
648 Agricultural Bank of China Ltd 231 0.02
136 China Aoyuan Property Group Ltd 69 0.01
88 Air China Ltd 67 0.01
186 China BlueChemical Ltd 47 –
41 Ajisen China Holdings Ltd 10 –
332 China Chengtong Development Group Ltd 7 –
7 Alibaba Group Holding Ltd, ADR 879 0.07
677 China Cinda Asset Management Co Ltd 143 0.01
790 Alibaba Pictures Group Ltd 97 0.01
263 China CITIC Bank Corp Ltd 131 0.01
392 Aluminum Corp of China Ltd 111 0.01
149 China Coal Energy Co Ltd 47 –
34 AMVIG Holdings Ltd 6 –
199 China Communications Construction Co Ltd 152 0.01
108 Angang Steel Co Ltd 70 0.01
176 China Communications Services Corp Ltd 116 0.01
71 Anhui Conch Cement Co Ltd 293 0.02
83 China Conch Venture Holdings Ltd 201 0.02
18 Anhui Expressway Co Ltd 9 –
2,394 China Construction Bank Corp 1,604 0.12
52 ANTA Sports Products Ltd 187 0.01
97 China Datang Corp Renewable Power Co Ltd 10 –
176 Anton Oilfield Services Group 18 –
294 China Dongxiang Group Co Ltd 37 –
38 Asia Cement China Holdings Corp 23 –
180 China Dynamics Holdings Ltd 2 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 351
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
China - 3.25% (continued) China - 3.25% (continued)
180 China Eastern Airlines Corp Ltd 88 0.01 232 China Power International Development Ltd 43 –
408 China Electronics Optics Valley Union Holding Co 87 China Properties Group Ltd 10 –
Ltd 12 –
116 China Railway Construction Corp Ltd 117 0.01
140 China Energine International Holdings Ltd 3 –
164 China Railway Group Ltd 119 0.01
470 China Energy Engineering Corp Ltd 45 –
82 China Railway Signal & Communication Corp Ltd 46 –
125 China Everbright Bank Co Ltd 44 –
353 China Reinsurance Group Corp 58 –
123 China Everbright International Ltd 85 0.01
46 China Resources Beer Holdings Co Ltd 122 0.01
92 China Everbright Ltd 135 0.01
214 China Resources Cement Holdings Ltd 165 0.01
26 China Everbright Water Ltd 5 –
98 China Resources Gas Group Ltd 312 0.02
264 China Evergrande Group 659 0.05
172 China Resources Land Ltd 502 0.04
182 China Fiber Optic Network System Group Ltd 5 –
51 China Resources Medical Holdings Co Ltd 31 –
130 China Financial Services Holdings Ltd 7 –
109 China Resources Pharmaceutical Group Ltd 126 0.01
122 China Foods Ltd 42 –
66 China Resources Power Holdings Co Ltd 99 0.01
211 China Galaxy Securities Co Ltd 89 0.01
25 China Rundong Auto Group Ltd 8 –
103 China Gas Holdings Ltd 279 0.02
79 China Sanjiang Fine Chemicals Co Ltd 16 –
92 China Grand Pharmaceutical and Healthcare
Holdings Ltd 37 – 202 China SCE Group Holdings Ltd 57 –
96 China Greenland Broad Greenstate Group Co Ltd 5 – 199 China Shengmu Organic Milk Ltd 6 –
26 China Hanking Holdings Ltd 2 – 115 China Shenhua Energy Co Ltd 202 0.02
78 China Harmony New Energy Auto Holding Ltd 24 – 24 China Shineway Pharmaceutical Group Ltd 24 –
22 China High Speed Transmission Equipment Group 108 China Silver Group Ltd 9 –
Co Ltd 20 – 40 China Singyes Solar Technologies Holdings Ltd 9 –
113 China Hongqiao Group Ltd 55 – 402 China South City Holdings Ltd 48 –
1,312 China Huarong Asset Management Co Ltd 213 0.02 200 China Southern Airlines Co Ltd 107 0.01
88 China Huishan Dairy Holdings Co Ltd 4 – 154 China State Construction International Holdings Ltd 106 0.01
33 China Huiyuan Juice Group Ltd 2 – 46 China Sunshine Paper Holdings Co Ltd 6 –
54 China International Capital Corp Ltd 81 0.01 141 China Suntien Green Energy Corp Ltd 30 –
39 China International Marine Containers Group Co 89 China Taiping Insurance Holdings Co Ltd 232 0.02
Ltd 33 –
218 China Telecom Corp Ltd 93 0.01
520 China Jinmao Holdings Group Ltd 197 0.02
14 China Tian Lun Gas Holdings Ltd 8 –
113 China Lesso Group Holdings Ltd 46 –
2 China Tianrui Group Cement Co Ltd 1 –
49 China Life Insurance Co Ltd 83 0.01 138 China Traditional Chinese Medicine Holdings Co
50 China Lilang Ltd 32 – Ltd 72 0.01
40 China Logistics Property Holdings Co Ltd 11 – 186 China Travel International Investment Hong Kong
114 China Longyuan Power Group Corp Ltd 71 0.01 Ltd 41 –
64 China Machinery Engineering Corp 25 – 420 China Unicom Hong Kong Ltd 385 0.03
52 China Maple Leaf Educational Systems Ltd 18 – 20 China Unienergy Group Ltd 20 –
152 China Medical System Holdings Ltd 131 0.01 61 China Vanke Co Ltd 167 0.01
80 China Meidong Auto Holdings Ltd 23 – 40 China Vast Industrial Urban Development Co Ltd 13 –
75 China Mengniu Dairy Co Ltd 183 0.01 54 China Water Affairs Group Ltd 48 –
97 China Merchants Bank Co Ltd 317 0.02 100 China Water Industry Group Ltd 11 –
162 China Merchants Land Ltd 19 – 33 China XLX Fertiliser Ltd 9 –
75 China Merchants Port Holdings Co Ltd 107 0.01 28 China Yuhua Education Corp Ltd 9 –
10 China Merchants Securities Co Ltd 11 – 148 China Yurun Food Group Ltd 11 –
64 China Metal Resources Utilization Ltd 27 – 108 China ZhengTong Auto Services Holdings Ltd 50 –
203 China Minsheng Banking Corp Ltd 118 0.01 128 China Zhongwang Holdings Ltd 47 –
430 China Minsheng Financial Holding Corp Ltd 10 – 98 Chinasoft International Ltd 46 –
191 China Mobile Ltd 1,490 0.11 152 Chongqing Machinery & Electric Co Ltd 8 –
121 China Modern Dairy Holdings Ltd 10 – 302 Chongqing Rural Commercial Bank Co Ltd 139 0.01
165 China Molybdenum Co Ltd 53 – 48 Chu Kong Shipping Enterprises Group Co Ltd 9 –
407 China National Building Material Co Ltd 251 0.02 428 CIFI Holdings Group Co Ltd 170 0.01
220 China New Town Development Co Ltd 4 – 62 CIMC Enric Holdings Ltd 40 –
63 China NT Pharma Group Co Ltd 6 – 450 CIMC-TianDa Holdings 12 –
162 China Oceanwide Holdings Ltd 6 – 131 CITIC Ltd 165 0.01
404 China Oil & Gas Group Ltd 20 – 354 CITIC Resources Holdings Ltd 24 –
122 China Oilfield Services Ltd 90 0.01 42 CITIC Securities Co Ltd 62 –
94 China Oriental Group Co Ltd 48 – 172 Citychamp Watch & Jewellery Group Ltd 29 –
132 China Overseas Grand Oceans Group Ltd 37 – 14 Clear Media Ltd 8 –
252 China Overseas Land & Investment Ltd 694 0.05 589 CNOOC Ltd 781 0.06
165 China Overseas Property Holdings Ltd 37 – 87 COFCO Meat Holdings Ltd 10 –
42 China Pacific Insurance Group Co Ltd 116 0.01 17 Cogobuy Group 5 –
942 China Petroleum & Chemical Corp 633 0.05 36 Colour Life Services Group Co Ltd 15 –
94 China Pioneer Pharma Holdings Ltd 12 – 91 Comba Telecom Systems Holdings Ltd 11 –
24 China Power Clean Energy Development Co Ltd 6 – 360 Concord New Energy Group Ltd 10 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 352
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
China - 3.25% (continued) China - 3.25% (continued)
46 Consun Pharmaceutical Group Ltd 27 – 48 Grand Baoxin Auto Group Ltd 12 –
248 Coolpad Group Ltd 2 – 298 Great Wall Motor Co Ltd 150 0.01
301 COSCO SHIPPING Development Co Ltd 27 – 95 Greatview Aseptic Packaging Co Ltd 42 –
116 COSCO SHIPPING Energy Transportation Co Ltd 49 – 85 Greenland Hong Kong Holdings Ltd 18 –
255 COSCO SHIPPING Holdings Co Ltd 82 0.01 74 Greentown China Holdings Ltd 48 –
42 COSCO SHIPPING International Hong Kong Co 82 Greentown Service Group Co Ltd 56 –
Ltd 12 –
98 Guangdong Investment Ltd 149 0.01
146 COSCO SHIPPING Ports Ltd 117 0.01
50 Guangdong Land Holdings Ltd 8 –
45 Cosmo Lady China Holdings Co Ltd 14 –
26 Guangdong Yueyun Transportation Co Ltd-H 8 –
424 Country Garden Holdings Co Ltd 413 0.03
122 Guangshen Railway Co Ltd 38 –
47 Country Garden Services Holdings Co Ltd 62 –
70 Guangzhou Automobile Group Co Ltd 57 –
696 CP Pokphand Co Ltd 49 –
126 Guangzhou R&F Properties Co Ltd 155 0.01
24 CPMC Holdings Ltd 8 –
30 Guolian Securities Co Ltd 5 –
51 CRCC High-Tech Equipment Corp Ltd 9 –
72 Guorui Properties Ltd 15 –
92 CRRC Corp Ltd 68 0.01
17 Guotai Junan Securities Co Ltd 27 –
42 CSC Financial Co Ltd 20 –
143 Haichang Ocean Park Holdings Ltd 23 –
85 CSMall Group Ltd 10 –
89 Haier Electronics Group Co Ltd 164 0.01
272 CSPC Pharmaceutical Group Ltd 434 0.03
54 Haitian International Holdings Ltd 91 0.01
10 CSSC Offshore and Marine Engineering Group Co
Ltd 6 – 100 Haitong Securities Co Ltd 81 0.01
322 CT Environmental Group Ltd 11 – 77 Harbin Bank Co Ltd 14 –
10 Ctrip.com International Ltd, ADR 218 0.02 88 Harbin Electric Co Ltd 21 –
660 CWT International Ltd 12 – 40 Harmonicare Medical Holdings Ltd 9 –
48 Da Ming International Holdings Ltd 10 – 41 HC Group Inc 20 –
82 Dah Chong Hong Holdings Ltd 24 – 22 Health & Happiness H&H International Holdings Ltd 111 0.01
128 Dali Foods Group Co Ltd 74 0.01 57 Hengan International Group Co Ltd 364 0.03
168 Dalian Port PDA Co Ltd 18 – 112 Hengdeli Holdings Ltd 3 –
128 Daphne International Holdings Ltd 4 – 616 HengTen Networks Group 17 –
106 Datang International Power Generation Co Ltd 21 – 102 Hi Sun Technology China Ltd 13 –
96 Dawnrays Pharmaceutical Holdings Ltd 19 – 56 Hilong Holding Ltd 5 –
142 Differ Group Holding Co Ltd 7 – 33 Hisense Home Appliances Group Co Ltd 20 –
80 Digital China Holdings Ltd 31 – 18 HKC Holdings Ltd 11 –
28 Dongfang Electric Corp Ltd 13 – 223 Honghua Group Ltd 11 –
172 Dongfeng Motor Group Co Ltd 131 0.01 32 Hopefluent Group Holdings Ltd 7 –
20 Dongjiang Environmental Co Ltd 18 – 54 Hopson Development Holdings Ltd 34 –
126 Dongyue Group Ltd 54 – 48 HOSA International Ltd 1 –
39 Dynagreen Environmental Protection Group Co Ltd 12 – 462 Hua Han Health Industry Holdings Ltd 10 –
168 E-Commodities Holdings Ltd 7 – 30 Hua Hong Semiconductor Ltd 50 –
24 ENN Energy Holdings Ltd 169 0.01 166 Huadian Fuxin Energy Corp Ltd 26 –
34 Essex Bio-technology Ltd 18 – 62 Huadian Power International Corp Ltd 21 –
64 EVA Precision Industrial Holdings Ltd 4 – 150 Huaneng Power International Inc 74 0.01
27 Everbright Securities Co Ltd 21 – 454 Huaneng Renewables Corp Ltd 113 0.01
143 Fantasia Holdings Group Co Ltd 14 – 52 Huatai Securities Co Ltd 68 0.01
207 Far East Horizon Ltd 162 0.01 60 Huazhong In-Vehicle Holdings Co Ltd 8 –
1,245 FDG Electric Vehicles Ltd 10 – 51 Huishang Bank Corp Ltd 18 –
40 First Tractor Co Ltd 8 – 82 Hydoo International Holding Ltd 5 –
79 Fosun International Ltd 100 0.01 16 IMAX China Holding Inc 33 –
96 Fu Shou Yuan International Group Ltd 58 – 1,699 Industrial & Commercial Bank of China Ltd 952 0.07
160 Fufeng Group Ltd 52 – 8 Inner Mongolia Yitai Coal Co Ltd 5 –
31 Fuguiniao Co Ltd 2 – 1 JD.com Inc, ADR 16 –
363 Fullshare Holdings Ltd 108 0.01 98 Jiangnan Group Ltd 4 –
206 Future Land Development Holdings Ltd 110 0.01 48 Jiangsu Expressway Co Ltd 51 –
42 Fuyao Glass Industry Group Co Ltd 102 0.01 79 Jiangxi Copper Co Ltd 75 0.01
702 GCL New Energy Holdings Ltd 21 – 109 Jiayuan International Group Ltd 154 0.01
1,194 GCL-Poly Energy Holdings Ltd 65 – 108 Jinchuan Group International Resources Co Ltd 7 –
310 Geely Automobile Holdings Ltd 483 0.04 42 Jingrui Holdings Ltd 9 –
394 Gemdale Properties & Investment Corp Ltd 29 – 2 JinkoSolar Holding Co Ltd, ADR 18 –
24 Jinmao Hotel and Jinmao China Hotel Investments
84 Genertec Universal Medical Group Co Ltd 53 –
and Management Ltd 10 –
36 GF Securities Co Ltd 42 –
22 JNBY Design Ltd 29 –
177 Glorious Property Holdings Ltd 6 –
318 Joy City Property Ltd 28 –
40 Golden Eagle Retail Group Ltd 37 –
64 Ju Teng International Holdings Ltd 12 –
29 Goldlion Holdings Ltd 9 –
117 K Wah International Holdings Ltd 45 –
1,097 GOME Retail Holdings Ltd 77 0.01
221 Kaisa Group Holdings Ltd 56 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 353
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
China - 3.25% (continued) China - 3.25% (continued)
51 Kangda International Environmental Co Ltd 5 – 8 Poly Culture Group Corp Ltd 8 –
99 Kasen International Holdings Ltd 34 – 207 Poly Property Group Co Ltd 56 –
74 Kingboard Holdings Ltd 167 0.01 115 Postal Savings Bank of China Co Ltd 55 –
104 Kingboard Laminates Holdings Ltd 78 0.01 156 Pou Sheng International Holdings Ltd 23 –
84 Kingdee International Software Group Co Ltd 66 0.01 120 Powerlong Real Estate Holdings Ltd 38 –
74 Kingsoft Corp Ltd 98 0.01 50 PW Medtech Group Ltd 6 –
11 Koradior Holdings Ltd 11 – 51 Q Technology Group Co Ltd 23 –
163 KuangChi Science Ltd 10 – 81 Qingdao Port International Co Ltd 36 –
382 Kunlun Energy Co Ltd 364 0.03 104 Qingling Motors Co Ltd 22 –
106 KWG Group Holdings Ltd 74 0.01 62 Qinhuangdao Port Co Ltd 11 –
28 Lee & Man Chemical Co Ltd 14 – 2 Qinqin Foodstuffs Group Cayman Co Ltd – –
138 Lee & Man Paper Manufacturing Ltd 99 0.01 27 Red Star Macalline Group Corp Ltd 20 –
28 Lee's Pharmaceutical Holdings Ltd 18 – 118 Redco Group 50 –
27 Legend Holdings Corp 61 – 11 Regal International Airport Group Co Ltd 8 –
706 Lenovo Group Ltd 402 0.03 1,048 Renhe Commercial Holdings Co Ltd 26 –
73 Li Ning Co Ltd 62 – 220 Rentian Technology Holdings Ltd 2 –
54 Lianhua Supermarket Holdings Co Ltd 9 – 23 Road King Infrastructure Ltd 31 –
86 Lifestyle China Group Ltd 24 – 67 Ronshine China Holdings Ltd 66 0.01
72 Lifetech Scientific Corp 12 – 66 Sany Heavy Equipment International Holdings Co
Ltd 17 –
72 Lisi Group Holdings Ltd 6 –
2 Seaspan Corp 18 –
8 Livzon Pharmaceutical Group Inc 23 –
299 Semiconductor Manufacturing International Corp 218 0.02
142 Logan Property Holdings Co Ltd 131 0.01
40 Shandong Chenming Paper Holdings Ltd 18 –
107 Longfor Group Holdings Ltd 238 0.02
128 Shandong Weigao Group Medical Polymer Co Ltd 95 0.01
148 Lonking Holdings Ltd 30 –
26 Shandong Xinhua Pharmaceutical Co Ltd 11 –
95 Luye Pharma Group Ltd 60 –
198 Shanghai Electric Group Co Ltd 53 –
126 LVGEM China Real Estate Investment Co Ltd 28 –
8 Shanghai Fosun Pharmaceutical Group Co Ltd 20 –
148 Maanshan Iron & Steel Co Ltd 54 –
22 Shanghai Fudan Microelectronics Group Co Ltd 19 –
115 Maoye International Holdings Ltd 6 –
28 Shanghai Fudan-Zhangjiang Bio-Pharmaceutical
220 Metallurgical Corp of China Ltd 44 – Co Ltd 11 –
16 Min Xin Holdings Ltd 9 – 4 Shanghai Haohai Biological Technology Co Ltd 15 –
154 Mingfa Group International Co Ltd 1 – 40 Shanghai Industrial Holdings Ltd 69 0.01
166 Minmetals Land Ltd 23 – 148 Shanghai Industrial Urban Development Group Ltd 20 –
78 Minth Group Ltd 206 0.02 140 Shanghai Jin Jiang International Hotels Group Co
240 MMG Ltd 94 0.01 Ltd 30 –
68 Modern Land China Co Ltd 8 – 41 Shanghai Pharmaceuticals Holding Co Ltd 79 0.01
5 Momo Inc, ADR 135 0.01 92 Shanghai Prime Machinery Co Ltd 11 –
1,450 Nan Hai Corp Ltd 26 – 575 Shanghai Zendai Property Ltd 7 –
9 NetDragon Websoft Holdings Ltd 13 – 29 Shengjing Bank Co Ltd 11 –
2 NetEase Inc, ADR 345 0.03 74 Shenguan Holdings Group Ltd 3 –
30 New Century Healthcare Holding Co Ltd 19 – 50 Shenzhen Expressway Co Ltd 39 –
20 New China Life Insurance Co Ltd 71 0.01 99 Shenzhen International Holdings Ltd 157 0.01
– New Oriental Education & Technology Group Inc, 319 Shenzhen Investment Ltd 82 0.01
ADR 10 – 28 Shenzhou International Group Holdings Ltd 268 0.02
800 New Provenance Everlasting Holdings 3 – 133 Shimao Property Holdings Ltd 259 0.02
93 New World Department Store China Ltd 16 – 1,164 Shougang Concord International Enterprises Co
95 Nexteer Automotive Group Ltd 113 0.01 Ltd 26 –
178 Nine Dragons Paper Holdings Ltd 143 0.01 268 Shougang Fushan Resources Group Ltd 44 –
– Noah Holdings Ltd, ADR 14 – 366 Shui On Land Ltd 68 0.01
550 North Mining Shares Co Ltd 1 – 110 Shunfeng International Clean Energy Ltd 5 –
113 NVC Lighting Holding Ltd 6 – 68 Sichuan Expressway Co Ltd 17 –
24 O-Net Technologies Group Ltd 9 – 364 Sihuan Pharmaceutical Holdings Group Ltd 64 –
50 Orient Securities Co Ltd 27 – 86 Silver Grant International Industries Ltd 15 –
30 Overseas Chinese Town Asia Holdings Ltd 8 – 3 SINA Corp 128 0.01
84 Ozner Water International Holding Ltd 14 – 254 Sino Biopharmaceutical Ltd 183 0.01
72 Pacific Online Ltd 8 – 83 Sino Oil And Gas Holdings 1 –
428 Panda Green Energy Group Ltd 13 – 279 Sino-Ocean Group Holding Ltd 98 0.01
88 Parkson Retail Group Ltd 5 – 214 Sinofert Holdings Ltd 19 –
52 PAX Global Technology Ltd 19 – 254 Sinolink Worldwide Holdings Ltd 13 –
246 People's Insurance Co Group of China Ltd 84 0.01 106 Sinopec Engineering Group Co Ltd 77 0.01
740 PetroChina Co Ltd 406 0.03 110 Sinopec Kantons Holdings Ltd 36 –
126 Phoenix Media Investment Holdings Ltd 10 – 314 Sinopec Shanghai Petrochemical Co Ltd 112 0.01
231 PICC Property & Casualty Co Ltd 187 0.01 113 Sinopharm Group Co Ltd 438 0.03
151 Ping An Insurance Group Co of China Ltd 1,151 0.09 70 Sinosoft Technology Group Ltd 15 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 354
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
China - 3.25% (continued) China - 3.25% (continued)
167 Sinotrans Ltd 53 – 34 Xinghua Port Holdings Ltd 3 0.01
109 Sinotrans Shipping Ltd 28 – 51 Xinhua Winshare Publishing and Media Co Ltd 27 0.01
75 Sinotruk Hong Kong Ltd 97 0.01 40 Xinjiang Goldwind Science & Technology Co Ltd 31 0.01
276 Skyfame Realty Holdings Ltd 30 – 134 Xinjiang Xinxin Mining Industry Co Ltd 9 0.01
155 Skyworth Digital Holdings Ltd 30 – 316 Xinyi Solar Holdings Ltd 93 0.02
77 SMI Holdings Group Ltd 18 – 83 Xtep International Holdings Ltd 35 0.01
182 SOHO China Ltd 53 – 98 Yadea Group Holdings Ltd 27 0.01
– Sohu.com Ltd, ADR 5 – 450 Yanchang Petroleum International Ltd 3 0.01
43 Springland International Holdings Ltd 6 – 13 Yangtze Optical Fibre and Cable Joint Stock Ltd Co 28 0.01
344 SRE Group Ltd 5 – 230 Yanzhou Coal Mining Co Ltd 163 0.02
173 SSY Group Ltd 140 0.01 63 Yashili International Holdings Ltd 8 0.01
247 Sun Art Retail Group Ltd 218 0.02 30 Yeebo International Holdings Ltd 3 0.01
92 Sun King Power Electronics Group 10 – 14 YiChang HEC ChangJiang Pharmaceutical Co Ltd 40 0.01
130 Sunac China Holdings Ltd 342 0.03 32 Yida China Holdings Ltd 8 0.01
33 Sunny Optical Technology Group Co Ltd 255 0.02 44 Yihai International Holding Ltd 93 0.02
71 Sunshine 100 China Holdings Ltd 27 – 1 Yirendai Ltd, ADR 7 0.01
170 Symphony Holdings Ltd 17 – 61 Youyuan International Holdings Ltd 15 0.01
75 Tang Palace China Holdings Ltd 9 – 49 YuanShengTai Dairy Farm Ltd 1 0.01
1 Tarena International Inc, ADR 3 – 678 Yuexiu Property Co Ltd 99 0.02
2,340 Taung Gold International Ltd 11 – 34 Yuexiu Transport Infrastructure Ltd 20 0.01
64 TCL Electronics Holdings Ltd 21 – 7 Yum China Holdings Inc 191 0.02
34 Technovator International Ltd 4 – 50 Yunnan Water Investment Co Ltd 11 0.01
36 Ten Pao Group Holdings Ltd 2 – 201 Yuzhou Properties Co Ltd 70 0.02
57 Tencent Holdings Ltd 1,779 0.14 1 YY Inc, ADR 64 0.01
57 Tenwow International Holdings Ltd 2 – 56 Zhaojin Mining Industry Co Ltd 42 0.01
29 Texhong Textile Group Ltd 27 – 78 Zhejiang Expressway Co Ltd 52 0.01
43 Tian An China Investment Co Ltd 18 – 22 Zhengzhou Coal Mining Machinery Group Co Ltd 8 0.01
50 Tian Ge Interactive Holdings Ltd 21 – 176 Zhong An Real Estate Ltd 4 0.01
116 Tiangong International Co Ltd 19 – 69 Zhongsheng Group Holdings Ltd 110 0.02
32 Tianjin Capital Environmental Protection Group Co 32 Zhongyu Gas Holdings Ltd 17 0.01
Ltd 10 –
53 Zhou Hei Ya International Holdings Co Ltd 20 0.01
44 Tianjin Development Holdings Ltd 12 –
116 Zhuguang Holdings Group Co Ltd 15 0.01
142 Tianjin Port Development Holdings Ltd 12 –
16 Zhuzhou CRRC Times Electric Co Ltd 68 0.02
78 Tianneng Power International Ltd 56 –
624 Zijin Mining Group Co Ltd 185 0.02
96 Tibet Water Resources Ltd 19 – 101 Zoomlion Heavy Industry Science and Technology
154 Tingyi Cayman Islands Holding Corp 157 0.01 Co Ltd 28 –
59 Tomson Group Ltd 15 – 19 ZTE Corp 29 –
49 Tong Ren Tang Technologies Co Ltd 55 – 42,312 3.25
260 Tongda Group Holdings Ltd 23 – Colombia - 0.04%
27 Top Spring International Holdings Ltd 6 – 17 Almacenes Exito SA 56 –
53 Towngas China Co Ltd 33 – 5 Bancolombia SA 41 –
108 TPV Technology Ltd 10 – 2 Bancolombia SA, ADR 71 0.01
28 TravelSky Technology Ltd 59 – 26 Celsia SA ESP 25 –
78 Truly International Holdings Ltd 9 – 6 Cementos Argos SA 11 –
20 Tsaker Chemical Group Ltd 10 – 6 Cemex Latam Holdings SA 6 –
18 Tsingtao Brewery Co Ltd 58 – 2 Corp Financiera Colombiana SA 9 –
140 Uni-President China Holdings Ltd 100 0.01 129 Ecopetrol SA 97 0.01
848 United Energy Group Ltd 126 0.01 13 Grupo Argos SA 51 0.01
22 Vinda International Holdings Ltd 30 – 7 Grupo de Inversiones Suramericana SA 57 0.01
7 Vipshop Holdings Ltd, ADR 31 – 4 Grupo Nutresa SA 23 –
386 Want Want China Holdings Ltd 225 0.02 13 Interconexion Electrica SA ESP 39 –
60 Wasion Holdings Ltd 25 – 12 Mineros SA 6 –
– Weibo Corp, ADR 5 0.01
492 0.04
203 Weichai Power Co Ltd 172 0.02
Czech Republic - 0.03%
28 Weiqiao Textile Co 7 0.01
8 CEZ AS 140 0.01
198 West China Cement Ltd 25 0.01
1 Komercni banka as 28 –
40 Wisdom Education International Holdings Co Ltd 13 0.01
61 Moneta Money Bank AS 163 0.01
81 Wison Engineering Services Co Ltd 9 0.01
43 Xiabuxiabu Catering Management China Holdings 3 O2 Czech Republic AS 26 0.01
Co Ltd 48 0.01 – Philip Morris CR AS 12 –
84 Xiamen International Port Co Ltd 10 0.01 369 0.03
72 Xingda International Holdings Ltd 17 0.01 Denmark - 0.56%
14 Xingfa Aluminium Holdings Ltd 7 0.01 1 ALK-Abello AS 73 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 355
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Denmark - 0.56% (continued) Finland - 0.60% (continued)
7 Alm Brand AS 43 – 3 Alma Media Oyj 19 –
7 Ambu AS 117 0.01 12 Amer Sports Oyj 347 0.03
– AP Moller - Maersk AS, Class A 70 0.01 1 Asiakastieto Group Oyj 24 –
– AP Moller - Maersk AS, Class B 167 0.01 2 Aspo Oyj 19 –
3 Bang & Olufsen AS 52 – 2 Atria Oyj 10 –
1 BankNordik P/F 8 – – BasWare Oyj 11 –
2 Bavarian Nordic AS 31 – 2 Bittium Oyj 13 –
– Brodrene Hartmann AS 11 – 4 Cargotec Oyj 115 0.01
3 Carlsberg AS 298 0.02 1 Caverion Oyj 6 –
4 Chr Hansen Holding AS 283 0.02 27 Citycon Oyj 42 –
1 Coloplast AS 84 0.01 4 Cramo Oyj 63 –
8 Columbus AS 13 – 7 Elisa Oyj 234 0.02
2 D/S Norden AS 28 – 3 F-Secure Oyj 6 –
13 Danske Bank AS 210 0.02 8 Finnair Oyj 57 –
3 Dfds AS 88 0.01 2 Fiskars Oyj Abp 32 –
7 DSV AS 410 0.03 21 Fortum Oyj 339 0.03
4 FLSmidth & Co AS 156 0.01 4 HKScan Oyj 6 –
1 Genmab AS 115 0.01 12 Huhtamaki Oyj 279 0.02
14 GN Store Nord AS 380 0.03 13 Kemira Oyj 118 0.01
– GronlandsBANKEN AS 2 – 1 Kesko Oyj, Class A 61 –
5 H Lundbeck AS 147 0.01 6 Kesko Oyj, Class B 257 0.02
3 H&H International AS 36 – 5 Kone Oyj 183 0.01
1 IC Group AS 3 – 8 Konecranes Oyj 202 0.02
14 ISS AS 350 0.03 4 Lassila & Tikanoja Oyj 49 –
– Jeudan AS 17 – 1 Lehto Group Oyj 4 –
7 Jyske Bank AS 208 0.02 19 Metsa Board Oyj 103 0.01
4 Matas AS 30 – 11 Metso Oyj 258 0.02
3 Nilfisk Holding AS 96 0.01 10 Neste Oyj 588 0.05
2 NKT AS 27 – 110 Nokia Oyj 474 0.04
1 NNIT AS 16 – 13 Nokian Renkaat Oyj 338 0.03
22 Novo Nordisk AS 819 0.06 1 Olvi Oyj 37 –
6 Novozymes AS 237 0.02 1 Oriola Oyj 1 –
1 Orsted AS 70 0.01 16 Oriola Oyj 31 –
6 Pandora AS 252 0.02 1 Orion Oyj, C;ass A 32 –
2 Per Aarsleff Holding AS 44 – 7 Orion Oyj, Class B 193 0.01
3 Ringkjoebing Landbobank AS 109 0.01 34 Outokumpu Oyj 113 0.01
– Rockwool International AS (Class A) 48 – 8 Outotec Oyj 25 –
1 Rockwool International AS (Class B) 131 0.01 1 Pihlajalinna Oyj 5 –
6 Royal Unibrew AS 316 0.02 1 Ponsse Oyj 24 –
1 RTX AS 12 – 2 Poyry Oyj 10 –
2 Santa Fe Group AS 2 – 12 Raisio Oyj 29 –
2 Scandinavian Tobacco Group AS 20 – 14 Ramirent Oyj 68 0.01
1 Schouw & Co AS 95 0.01 2 Rapala VMC Oyj 6 –
3 SimCorp AS 151 0.01 – Raute OYJ 9 –
– Solar AS 16 – 2 Revenio Group Oyj 23 –
6 Spar Nord Bank AS 42 – 13 Sampo Oyj 453 0.03
6 Sydbank AS 125 0.01 11 Sanoma Oyj 86 0.01
– Tivoli AS 3 – 2 SRV Group Oyj 4 –
6 TK Development AS 4 – 3 Stockmann Oyj Abp 6 –
7 Topdanmark AS 248 0.02 46 Stora Enso Oyj 461 0.04
7 Tryg AS 144 0.01 1 Teleste OYJ 7 –
– United International Enterprises 19 – 6 Tieto Oyj 129 0.01
10 Vestas Wind Systems AS 599 0.06 4 Tikkurila Oyj 49 –
7 William Demant Holding AS 156 0.02 9 Tokmanni Group Corp 54 –
2 Zealand Pharma AS 22 – 43 UPM-Kymmene Oyj 911 0.08
7,253 0.56 6 Uponor Oyj 50 –
Egypt – 0.00% 2 Vaisala Oyj 26 –
11 Commercial International Bank Egypt SAE, GDR 35 – 14 Valmet Oyj 240 0.03
35 – 21 Wartsila Oyj Abp 275 0.03
18 YIT Oyj 86 0.02
Finland - 0.60%
7,757 0.60
2 Ahlstrom-Munksjo Oyj 21 –
4 Aktia Bank Oyj 36 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 356
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
France - 2.43% France - 2.43% (continued)
4 ABC arbitrage 22 – – Eurofins Scientific SE 123 0.01
4 Accor SA 156 0.01 4 Euronext NV 176 0.01
1 Aeroports de Paris 106 0.01 12 Europcar Mobility Group 95 0.01
26 Air France-KLM 232 0.02 19 Eutelsat Communications SA 311 0.02
6 Air Liquide SA 542 0.04 – Exel Industries 11 –
5 Airbus SE 441 0.03 6 Faurecia SA 177 0.01
1 Akka Technologies 40 – – Fleury Michon SA 6 –
1 AKWEL 18 – 2 Fnac Darty SA 99 0.01
3 Albioma SA 39 – 2 Gaztransport Et Technigaz SA 97 0.01
6 Alstom SA 191 0.01 12 Getlink SE 127 0.01
3 Alten SA 181 0.01 1 GL Events 14 –
23 Altran Technologies SA 177 0.01 – Groupe Crit 16 –
2 Amundi SA 72 0.01 1 Groupe Open 11 –
5 Antalis International SAS 5 – 1 Guerbet 38 –
2 APRIL SA 27 – 1 Haulotte Group SA 5 –
7 Arkema SA 533 0.04 – Hermes International 120 0.01
1 Assystem SA 19 – – ID Logistics Group 12 –
5 Atos SE 356 0.03 – Iliad SA 48 –
1 Aubay 35 – 1 Imerys SA 33 –
36 AXA SA 692 0.05 5 Ingenico Group SA 300 0.02
1 Axway Software SA 6 – – Interparfums SA 16 –
– Bastide le Confort Medical 7 – 1 Ipsen SA 139 0.01
4 Beneteau SA 41 – 3 IPSOS 57 –
1 Bigben Interactive 11 – 2 Jacquet Metal Service SA 24 –
3 BioMerieux 159 0.01 2 JCDecaux SA 62 –
21 BNP Paribas SA 848 0.07 3 Kaufman & Broad SA 79 0.01
1 Boiron SA 27 – 1 Kering SA 219 0.02
29 Bollore SA 100 0.01 5 Korian SA 156 0.01
2 Bonduelle SCA 47 – 2 L'Oreal SA 381 0.03
3 Bourbon Corp 12 – 15 Lagardere SCA 338 0.03
13 Bouygues SA 391 0.03 7 Latecoere SA 21 –
8 Bureau Veritas SA 133 0.01 – Le Belier 7 –
– Burelle SA 16 – 2 Lectra 30 –
2 Capgemini SE 163 0.01 6 Legrand SA 294 0.02
33 Carrefour SA 460 0.04 1 Linedata Services 15 –
5 Casino Guichard Perrachon SA 165 0.01 2 LISI 50 –
– Cegedim SA 9 – 1 LNA Sante SA 33 –
67 CGG SA 79 0.01 4 LVMH Moet Hennessy Louis Vuitton SE 947 0.07
2 Chargeurs SA 26 – 1 Maisons du Monde SA 26 –
23 Cie de Saint-Gobain 664 0.05 – Maisons France Confort SA 13 –
1 Cie des Alpes 24 – 1 Manitou BF SA 16 –
11 Cie Generale des Etablissements Michelin SCA 897 0.07 – Manutan International 20 –
7 Cie Plastic Omnium SA 149 0.01 1 Mersen SA 32 –
7 CNP Assurances 125 0.01 4 Metropole Television SA 54 –
11 Coface SA 81 0.01 36 Natixis SA 154 0.01
17 Credit Agricole SA 170 0.01 4 Neopost SA 82 0.01
8 Danone SA 471 0.04 3 Nexans SA 85 0.01
– Dassault Aviation SA 13 – 4 Nexity SA 171 0.01
2 Dassault Systemes SE 158 0.01 1 NRJ Group 8 –
9 Derichebourg SA 31 – 3 Oeneo SA 25 –
1 Devoteam SA 43 – 77 Orange SA 1,034 0.08
13 Edenred 385 0.03 3 Orpea 254 0.02
9 Eiffage SA 685 0.05 2 Parrot SA 5 –
30 Electricite de France SA 385 0.03 – Pernod Ricard SA 60 –
– Electricite de Strasbourg SA 5 – 43 Peugeot SA 743 0.06
10 Elior Group SA 120 0.01 1 Pierre & Vacances SA 9 –
11 Elis SA 170 0.01 1 Plastivaloire 7 –
52 Engie SA 575 0.04 – PSB Industries SA 8 –
1 Eramet 73 0.01 12 Publicis Groupe SA 540 0.04
5 EssilorLuxottica SA 482 0.04 2 Rallye SA 19 –
– Esso SA Francaise 10 – 1 Recylex SA 7 –
3 Etablissements Maurel et Prom 8 – 8 Renault SA 437 0.03
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 357
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
France - 2.43% (continued) Germany - 2.22% (continued)
31 Rexel SA 294 0.02 2 ADLER Real Estate AG 31 –
– Robertet SA 10 – 2 ADO Properties SA 85 0.01
1 Rothschild & Co 45 – 3 ADVA Optical Networking SE 20 –
5 Rubis SCA 226 0.02 – All for One Steeb AG 12 –
4 Safran SA 412 0.03 1 Allgeier SE 18 –
14 Sanofi 1,004 0.08 9 Allianz SE 1,416 0.11
1 Sartorius Stedim Biotech 48 – – Amadeus Fire AG 32 –
– Savencia SA 26 – 20 Aroundtown SA 132 0.01
8 Schneider Electric SE 485 0.04 – Atoss Software AG 7 –
10 SCOR SE 395 0.03 4 Aurubis AG 153 0.01
2 SEB SA 214 0.02 4 Axel Springer SE 204 0.02
– Seche Environnement SA 12 – 30 BASF SE 1,697 0.13
29 SES SA 491 0.04 – Basler AG 18 –
3 Societe BIC SA 242 0.02 1 Bauer AG 11 –
– Societe des Bains de Mer et du Cercle des 12 Bayer AG 667 0.05
Etrangers a Monaco 6 –
13 Bayerische Motoren Werke AG 809 0.06
15 Societe Generale SA 444 0.03
1 BayWa AG 29 –
– Societe Marseillaise du Tunnel Prado-Carenage SA 5 –
1 Bechtle AG 85 0.01
1 Societe pour l'Informatique Industrielle 17 –
1 Beiersdorf AG 59 –
3 Sodexo SA 218 0.02
1 Bertrandt AG 52 –
1 SOITEC 46 –
– bet-at-home.com AG 16 –
43 Solocal Group 24 –
– Bijou Brigitte AG 8 –
– Somfy SA 29 –
3 Bilfinger SE 80 0.01
1 Sopra Steria Group 115 0.01
8 Borussia Dortmund GmbH & Co KGaA 61 –
10 SPIE SA 108 0.01
9 Brenntag AG 318 0.02
– Stallergenes Greer PLC 12 –
2 CANCOM SE 62 –
– Stef SA 25 –
13 Ceconomy AG 47 –
26 STMicroelectronics NV 299 0.02
1 CENIT AG 11 –
11 Suez 128 0.01
1 CENTROTEC Sustainable AG 8 –
– Sword Group 9 –
1 Cewe Stiftung & Co KGAA 44 –
1 Synergie SA 22 –
2 comdirect bank AG 19 –
3 Tarkett SA 67 0.01
35 Commerzbank AG 240 0.02
12 Technicolor SA 11 –
2 CompuGroup Medical SE 60 –
4 Teleperformance 489 0.04
3 Continental AG 339 0.03
9 Television Francaise 1 64 –
6 Covestro AG 253 0.02
– Tessi SA 14 –
2 CropEnergies AG 7 –
– TFF Group 12 –
4 CTS Eventim AG & Co KGaA 117 0.01
2 Thales SA 153 0.01
34 Daimler AG 1,487 0.11
1 Thermador Groupe 32 –
73 Deutsche Bank AG 527 0.04
– Total Gabon 10 –
1 Deutsche Beteiligungs AG 35 –
60 Total SA 2,639 0.21
5 Deutsche Boerse AG 524 0.04
1 Trigano SA 72 0.02
3 Deutsche EuroShop AG 79 0.01
8 Ubisoft Entertainment SA 503 0.05
23 Deutsche Lufthansa AG 445 0.03
– Union Financiere de France BQE SA 6 0.01
13 Deutsche Pfandbriefbank AG 125 0.01
7 Valeo SA 161 0.02
15 Deutsche Post AG 383 0.03
34 Vallourec SA 63 0.01
124 Deutsche Telekom AG 1,715 0.13
7 Veolia Environnement SA 117 0.02
6 Deutsche Wohnen SE 234 0.02
– Vetoquinol SA 10 0.01
16 Deutz AG 92 0.01
2 Vicat SA 71 0.02
6 Dialog Semiconductor PLC 115 0.01
2 VIEL & Cie SA 6 0.01
4 DIC Asset AG 31 –
1 Vilmorin & Cie SA 32 0.01
1 Diebold Nixdorf AG 36 –
7 Vinci SA 513 0.05
– Dr Hoenle AG 16 –
– Virbac SA 31 0.01
– Draegerwerk AG & Co KGaA 8 –
16 Vivendi SA 309 0.03
6 Duerr AG 178 0.01
– Vranken-Pommery Monopole SA 10 –
94 E.ON SE 758 0.06
1 Worldline SA 45 –
– Eckert & Ziegler AG 23 –
31,655 2.43 1 EDAG Engineering Group AG 10 –
Germany - 2.22% 1 Elmos Semiconductor AG 16 –
1 1&1 Drillisch AG 57 – 3 ElringKlinger AG 20 –
4 7C Solarparken AG 8 – 8 Evonik Industries AG 171 0.01
6 Aareal Bank AG 146 0.01 1 Ferratum Oyj 6 –
2 adidas AG 374 0.03 2 Fielmann AG 75 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 358
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Germany - 2.22% (continued) Germany - 2.22% (continued)
1 First Sensor AG 9 – 4 Qiagen NV 102 0.01
2 Francotyp-Postalia Holding AG 7 – 9 QSC AG 12 –
3 Fraport AG Frankfurt Airport Services Worldwide 166 0.01 – Rational AG 71 0.01
15 Freenet AG 242 0.02 5 Rheinmetall AG 343 0.03
6 Fresenius Medical Care AG & Co KGaA 403 0.03 2 Rhoen Klinikum AG 49 –
6 Fresenius SE & Co KGaA 248 0.02 8 Rocket Internet SE 160 0.01
2 Fuchs Petrolub SE 70 0.01 1 RTL Group SA 63 –
8 GEA Group AG 169 0.01 21 RWE AG 364 0.03
4 Gerresheimer AG 246 0.02 4 S&T AG 61 –
3 Gerry Weber International AG 10 – 6 SAF-Holland SA 66 0.01
1 Gesco AG 21 – 4 Salzgitter AG 95 0.01
2 GFT Technologies SE 13 – 3 SAP SE 257 0.02
6 Grand City Properties SA 114 0.01 – Schaltbau Holding AG 7 –
1 H&R GmbH & Co KGaA 7 – 1 Scout24 AG 38 –
4 Hamburger Hafen und Logistik AG 62 – 2 Senvion SA 5 –
2 Hannover Rueck SE 174 0.01 3 SGL Carbon SE 25 –
2 Hapag-Lloyd AG 62 – – SHW AG 7 –
4 HeidelbergCement AG 227 0.02 11 Siemens AG 969 0.07
38 Heidelberger Druckmaschinen AG 64 – 1 Siltronic AG 85 0.01
4 Hella GmbH & Co KGaA 140 0.01 1 Sixt Leasing SE 16 –
1 Henkel AG & Co KGaA 52 – 2 Sixt SE 118 0.01
2 Highlight Communications AG 9 – – SMA Solar Technology AG 3 –
1 Hochtief AG 123 0.01 1 SMT Scharf AG 9 –
4 HolidayCheck Group AG 10 – 3 Software AG 106 0.01
1 Hornbach Baumarkt AG 14 – 2 Stabilus SA 93 0.01
4 Hugo Boss AG 216 0.02 4 Stroeer SE & Co KGaA 147 0.01
2 Indus Holding AG 74 0.01 8 Suedzucker AG 85 0.01
27 Infineon Technologies AG 443 0.03 2 Suess MicroTec SE 21 –
5 Innogy SE 178 0.01 1 Surteco Group SE 13 –
1 Isra Vision AG 41 – 3 Symrise AG 180 0.01
3 Jenoptik AG 82 0.01 8 TAG Immobilien AG 148 0.01
18 K&S AG 248 0.02 3 Takkt AG 41 –
5 KION Group AG 223 0.02 4 Talanx AG 111 0.01
7 Kloeckner & Co SE 47 – – Technotrans SE 9 –
2 Koenig & Bauer AG 56 – 2 Tele Columbus AG 6 –
1 Krones AG 79 0.01 29 Telefonica Deutschland Holding AG 92 0.01
– KSB SE & Co KGaA 6 – 13 thyssenkrupp AG 186 0.01
– KWS Saat SE 30 – 6 TLG Immobilien AG 123 0.02
10 Lanxess AG 432 0.03 3 Tom Tailor Holding SE 9 0.01
4 LEG Immobilien AG 347 0.03 12 Uniper SE 247 0.03
1 Leifheit AG 11 – 13 United Internet AG 450 0.04
4 Leoni AG 90 0.01 2 VERBIO Vereinigte BioEnergie AG 10 0.01
1 MAN SE 42 – 2 Volkswagen AG 203 0.03
– Manz AG 9 – 6 Vonovia SE 217 0.03
1 Merck KGaA 127 0.01 1 Vossloh AG 20 0.01
22 METRO AG 271 0.02 2 VTG AG 82 0.02
4 MLP SE 18 – 2 Wacker Chemie AG 128 0.02
4 MTU Aero Engines AG 684 0.05 2 Wacker Neuson SE 33 0.01
3 Muenchener Rueckversicherungs-Gesellschaft AG 1 Washtec AG 46 0.01
in Muenchen 546 0.04
2 Wirecard AG 248 0.03
1 Nemetschek SE 105 0.01
2 Wuestenrot & Wuerttembergische AG 31 –
1 Nexus AG 16 –
– XING SE 41 –
6 Nordex SE 46 –
1 Zalando SE 18 –
4 Norma Group SE 194 0.01
– Zeal Network SE 6 –
1 OHB SE 22 –
28,905 2.22
5 OSRAM Licht AG 183 0.01
Greece – 0.00%
– Paragon GmbH & Co KGaA 3 –
2 Hellenic Exchanges - Athens Stock Exchange SA 6 –
4 Patrizia Immobilien AG 57 –
1 Pfeiffer Vacuum Technology AG 86 0.01 6 –
8 PNE AG 18 – Hong Kong - 0.91%
– Progress-Werk Oberkirch AG 1 – 16 Aeon Credit Service Asia Co Ltd 11 –
11 ProSiebenSat.1 Media SE 171 0.01 340 Agritrade Resources Ltd 53 –
– Puma SE 45 – 166 AIA Group Ltd 1,072 0.08
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 359
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Hong Kong - 0.91% (continued) Hong Kong - 0.91% (continued)
42 Alco Holdings Ltd 4 – 320 Emperor Watch & Jewellery Ltd 9 –
2 Allied Group Ltd 9 – 458 Enerchina Holdings Ltd 19 –
108 Allied Properties HK Ltd 18 – 211 Esprit Holdings Ltd 39 –
205 Applied Development Holdings Ltd 12 – 4 Fairwood Holdings Ltd 10 –
34 APT Satellite Holdings Ltd 10 – 123 Far East Consortium International Ltd 46 –
22 Asia Financial Holdings Ltd 10 – 297 FIH Mobile Ltd 28 –
13 Asia Satellite Telecommunications Holdings Ltd 7 – 222 First Pacific Co Ltd 67 0.01
50 Asia Standard International Group Ltd 7 – 80 First Shanghai Investments Ltd 4 –
45 Asiasec Properties Ltd 16 – 138 Fountain SET Holdings Ltd 15 –
25 ASM Pacific Technology Ltd 202 0.02 62 Freeman Fintech Corp Ltd 2 –
2 Associated International Hotels Ltd 4 – 6 Future World Financial Holdings Ltd – –
40 Bank of East Asia Ltd 106 0.01 2,154 G-Resources Group Ltd 11 –
23 BOC Aviation Ltd 139 0.01 40 Galaxy Entertainment Group Ltd 194 0.01
67 BOC Hong Kong Holdings Ltd 204 0.02 8 Get Nice Financial Group Ltd 1 –
22 BOE Varitronix Ltd 5 – 452 Get Nice Holdings Ltd 12 –
40 Bonjour Holdings Ltd 1 – 166 Giordano International Ltd 60 –
62 Bright Smart Securities & Commodities Group Ltd 10 – 514 Global Brands Group Holding Ltd 19 –
228 Brightoil Petroleum Holdings Ltd 34 – 36 Gold-Finance Holdings Ltd 6 –
40 Cafe de Coral Holdings Ltd 77 0.01 90 Goodbaby International Holdings Ltd 25 –
26 Camsing International Holding Ltd 20 – 21 Great Eagle Holdings Ltd 69 0.01
95 Cathay Pacific Airways Ltd 108 0.01 4 Guoco Group Ltd 41 –
136 Century City International Holdings Ltd 10 – 300 Guotai Junan International Holdings Ltd 41 –
215 CGN Mining Co Ltd 6 – 192 Haitong International Securities Group Ltd 53 –
6 Chevalier International Holdings Ltd 7 – 59 Hang Lung Group Ltd 129 0.01
65 China Baoli Technologies Holdings Ltd 2 – 62 Hang Lung Properties Ltd 99 0.01
176 China Display Optoelectronics Technology 15 Hang Seng Bank Ltd 278 0.02
Holdings Ltd 9 –
15 Hanison Construction Holdings Ltd 2 –
456 China Energy Development Holdings Ltd 4 –
162 Hao Tian Development Group Ltd 4 –
66 China Flavors & Fragrances Co Ltd 18 –
8 Harbour Centre Development Ltd 12 –
244 China Goldjoy Group Ltd 8 –
41 Henderson Land Development Co Ltd 168 0.01
320 China Medical & HealthCare Group Ltd 6 – 60 HK Electric Investments & HK Electric Investments
1 China Motor Bus Co Ltd 11 – Ltd 46 –
150 China Star Entertainment Ltd 13 – 51 HKBN Ltd 62 –
850 China Strategic Holdings Ltd 5 – 82 HKR International Ltd 31 –
140 China Tonghai International Financial Ltd 10 – 210 HKT Trust & HKT Ltd 239 0.02
43 Chinese Estates Holdings Ltd 38 – 36 Hon Kwok Land Investment Co Ltd 14 –
10 Chong Hing Bank Ltd 14 – 41 Hong Kong & China Gas Co Ltd 65 –
23 Chow Sang Sang Holdings International Ltd 28 – 11 Hong Kong Exchanges & Clearing Ltd 243 0.02
43 Chow Tai Fook Jewellery Group Ltd 29 – 14 Hong Kong Ferry Holdings Co Ltd 11 –
92 Chuang's Consortium International Ltd 15 – 71 Hong Kong Television Network Ltd 17 –
155 CITIC Telecom International Holdings Ltd 41 – 55 Hongkong & Shanghai Hotels Ltd 66 0.01
41 CK Asset Holdings Ltd 232 0.02 56 Hongkong Chinese Ltd 5 –
44 CK Hutchison Holdings Ltd 365 0.03 22 Honma Golf Ltd 17 –
17 CK Infrastructure Holdings Ltd 102 0.01 44 Hopewell Holdings Ltd 116 0.01
306 CK Life Sciences Int'l Holdings Inc 11 – 208 Hsin Chong Group Holdings Ltd 1 –
17 CLP Holdings Ltd 143 0.01 188 Hutchison Telecommunications Hong Kong
Holdings Ltd 56 –
268 CMMB Vision Holdings Ltd 3 –
21 Hysan Development Co Ltd 79 0.01
53 CNQC International Holdings Ltd 10 –
128 Common Splendor International Health Industry 58 IGG Inc 55 –
Group Ltd 8 – 70 IPE Group Ltd 8 –
32 Convenience Retail Asia Ltd 11 – 66 IT Ltd 27 –
624 Convoy Global Holdings Ltd 2 – 33 ITC Properties Group Ltd 8 –
24 Cowell e Holdings Inc 2 – 50 Jacobson Pharma Corp Ltd 8 –
19 Cross-Harbour Holdings Ltd 24 – 34 Johnson Electric Holdings Ltd 59 –
510 CSI Properties Ltd 16 – 78 Karrie International Holdings Ltd 9 –
1,960 CST Group Ltd 5 – 54 Kerry Logistics Network Ltd 68 0.01
31 Dah Sing Banking Group Ltd 46 – 48 Kerry Properties Ltd 129 0.01
15 Dah Sing Financial Holdings Ltd 66 0.01 38 Kingmaker Footwear Holdings Ltd 6 –
44 Dickson Concepts International Ltd 17 – 284 Kingston Financial Group Ltd 53 –
34 Eagle Nice International Holdings Ltd 10 – 31 Kowloon Development Co Ltd 26 –
246 Emperor Capital Group Ltd 10 – 28 Kwoon Chung Bus Holdings Ltd 14 –
55 Emperor Entertainment Hotel Ltd 8 – 46 L'Occitane International SA 68 0.01
118 Emperor International Holdings Ltd 23 – 25 Lai Sun Development Co Ltd 34 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 360
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Hong Kong - 0.91% (continued) Hong Kong - 0.91% (continued)
10 Lai Sun Garment International Ltd 12 – 200 Solartech International Holdings Ltd 2 –
70 Landing International Development Ltd 21 – 9 Soundwill Holdings Ltd 10 –
Langham Hospitality Investments and Langham 51 South Shore Holdings Ltd 2 –
69 Hospitality Investments Ltd 20 –
37 Stella International Holdings Ltd 28 –
560 Li & Fung Ltd 90 0.01
92 Summit Ascent Holdings Ltd 9 –
53 Lifestyle International Holdings Ltd 66 0.01
38 Sun Hung Kai & Co Ltd 14 –
20 Lippo Ltd 6 –
24 Sun Hung Kai Properties Ltd 273 0.02
16 Liu Chong Hing Investment Ltd 19 –
48 SUNeVision Holdings Ltd 22 –
22 Luk Fook Holdings International Ltd 51 –
20 Swire Pacific Ltd, Class A 173 0.01
50 Lung Kee Bermuda Holdings 18 –
33 Swire Pacific Ltd, Class B 43 –
78 Macau Legend Development Ltd 11 –
16 Swire Properties Ltd 44 –
180 Man Wah Holdings Ltd 61 –
108 Synergy Group Holdings International Ltd 13 –
1,888 Mason Group Holdings Ltd 27 –
26 TAI Cheung Holdings Ltd 19 –
724 Master Glory Group Ltd 2 –
15 Tan Chong International Ltd 4 –
78 Melco International Development Ltd 124 0.01
41 Tao Heung Holdings Ltd 6 –
22 MGM China Holdings Ltd 30 –
43 Techtronic Industries Co Ltd 181 0.01
37 Microport Scientific Corp 32 –
23 Television Broadcasts Ltd 39 –
78 Midland Holdings Ltd 12 –
58 Texwinca Holdings Ltd 19 –
12 Miramar Hotel & Investment 18 –
22 Tradelink Electronic Commerce Ltd 3 –
50 Modern Dental Group Ltd 7 –
24 Transport International Holdings Ltd 50 0.01
966 Mongolian Mining Corp 16 –
80 Trinity Ltd 3 0.01
21 MTR Corp Ltd 85 0.01
44 Tsui Wah Holdings Ltd 3 0.01
218 NagaCorp Ltd 185 0.01
31 Union Medical Healthcare Ltd 17 0.01
76 Nameson Holdings Ltd 5 –
44 United Laboratories International Holdings Ltd 23 0.01
194 New World Development Co Ltd 206 0.02
121 Value Partners Group Ltd 75 0.02
104 NewOcean Energy Holdings Ltd 30 –
215 Victory City International Holdings Ltd 2 0.01
75 NWS Holdings Ltd 124 0.01
38 Vitasoy International Holdings Ltd 121 0.02
46 On Time Logistics Holdings Ltd 12 –
45 VPower Group International Holdings Ltd 14 0.01
44 OP Financial Investments Ltd 11 –
70 VSTECS Holdings Ltd 28 0.01
50 Oriental Watch Holdings 11 –
9 VTech Holdings Ltd 67 0.02
384 Pacific Basin Shipping Ltd 68 0.01
1,200 Wang On Group Ltd 11 0.01
102 Pacific Textiles Holdings Ltd 83 0.01
108 We Solutions Ltd 6 0.01
54 Paliburg Holdings Ltd 16 –
468 WH Group Ltd 268 0.03
18 PC Partner Group Ltd 5 –
46 Wharf Holdings Ltd 97 0.02
439 PCCW Ltd 202 0.02
16 Wharf Real Estate Investment Co Ltd 75 0.01
86 Pico Far East Holdings Ltd 25 –
27 Wheelock & Co Ltd 121 0.01
100 Playmates Holdings Ltd 11 –
6 Wing On Co International Ltd 16 –
60 Playmates Toys Ltd 4 –
32 Wing Tai Properties Ltd 18 –
83 Polytec Asset Holdings Ltd 6 –
42 Wonderful Sky Financial Group Holdings Ltd 5 –
17 Power Assets Holdings Ltd 88 0.01
40 Wynn Macau Ltd 71 0.01
14 Prada SpA 37 –
192 Xinyi Glass Holdings Ltd 163 0.01
26 Public Financial Holdings Ltd 8 –
200 Yat Sing Holdings Ltd 6 –
370 Rare Earth Magnesium Technology Group
Holdings 11 – 17 YT Realty Group Ltd 5 –
32 Realord Group Holdings Ltd 16 – 76 Yue Yuen Industrial Holdings Ltd 174 0.01
24 Regal Hotels International Holdings Ltd 11 – 584 Yugang International Ltd 12 –
19 Regina Miracle International Holdings Ltd 11 – 11,798 0.91
78 Sa Sa International Holdings Ltd 25 – Hungary - 0.04%
6 Safety Godown Co Ltd 8 – 30 Magyar Telekom Telecommunications PLC 37 –
104 Samsonite International SA 248 0.02 32 MOL Hungarian Oil & Gas PLC 279 0.02
14 Sands China Ltd 47 – 5 OTP Bank Nyrt 148 0.01
36 SAS Dragon Holdings Ltd 9 – 8 Richter Gedeon Nyrt 118 0.01
16 SEA Holdings Ltd 16 – 582 0.04
73 Shangri-La Asia Ltd 82 0.01 India - 1.23%
35 Shenwan Hongyuan HK Ltd 6 – – 3M India Ltd 17 –
140 Shun Tak Holdings Ltd 36 – – 5Paisa Capital Ltd 1 –
102 Singamas Container Holdings Ltd 11 – 2 Aarti Industries 29 –
112 Sino Land Co Ltd 152 0.01 – Abbott India Ltd 15 –
167 SITC International Holdings Co Ltd 111 0.01 3 ACC Ltd 55 –
20 Sitoy Group Holdings Ltd 4 – 22 Adani Enterprises Ltd 42 –
138 SJM Holdings Ltd 98 0.01 22 Adani Gas Ltd 25 –
46 SmarTone Telecommunications Holdings Ltd 45 – 17 Adani Green Energy Ltd 9 –
5 SOCAM Development Ltd 1 – 24 Adani Ports & Special Economic Zone Ltd 98 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 361
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
India - 1.23% (continued) India - 1.23% (continued)
91 Adani Power Ltd 56 – 4 Bodal Chemicals Ltd 5 –
26 Adani Transmission Ltd 65 – 6 Bombay Dyeing & Manufacturing Co Ltd 7 –
23 Aditya Birla Capital Ltd 27 – – Bosch Ltd 11 –
11 Aditya Birla Fashion and Retail Ltd 22 – 3 Brigade Enterprises Ltd 6 –
9 Aegis Logistics Ltd 21 – 1 Britannia Industries Ltd 35 –
2 AIA Engineering Ltd 34 – 1 BSE Ltd 6 –
3 Ajanta Pharma Ltd 35 – 9 Cadila Healthcare Ltd 37 –
– Akzo Nobel India Ltd 8 – 5 Can Fin Homes Ltd 17 –
4 Alembic Pharmaceuticals Ltd 28 – 11 Canara Bank 31 –
– Alkyl Amines Chemicals 3 – 2 Capital First Ltd 14 –
22 Allahabad Bank 12 – 1 Caplin Point Laboratories Ltd 6 –
4 Allcargo Logistics Ltd 5 – 6 Carborundum Universal Ltd 24 –
5 Amara Raja Batteries Ltd 39 – 1 Care Ratings Ltd 13 –
22 Ambuja Cements Ltd 53 – 6 Castrol India Ltd 10 –
19 Anant Raj Ltd 7 – 6 CCL Products India Ltd 19 –
24 Andhra Bank 8 – 2 Ceat Ltd 22 –
1 Anveshan Heavy Engineering Ltd 1 – 5 Century Plyboards India Ltd 10 –
1 Apar Industries Ltd 5 – 1 Century Textiles & Industries Ltd 9 –
– APL Apollo Tubes Ltd 7 – – Cera Sanitaryware Ltd 8 –
2 Apollo Hospitals Enterprise Ltd 35 – 5 CESC Ltd 36 –
20 Apollo Tyres Ltd 53 – 30 CG Power and Industrial Solutions Ltd 13 –
3 Arvind Fashions Ltd 31 – 8 Chambal Fertilizers and Chemicals Ltd 15 –
14 Arvind Ltd 16 – 2 Chennai Petroleum Corp Ltd 6 –
2 Asahi India Glass Ltd 6 – 18 Chennai Super Kings Cricket Ltd – –
81 Ashok Leyland Ltd 102 0.01 3 Cholamandalam Investment and Finance Co Ltd 47 –
8 Ashoka Buildcon Ltd 12 – 16 Cipla Ltd 99 0.01
4 Asian Paints Ltd 64 – 17 City Union Bank Ltd 34 –
1 Astral Poly Technik Ltd 10 – 4 Coal India Ltd 10 –
1 Atul Ltd 32 – 2 Cochin Shipyard Ltd 9 –
17 Aurobindo Pharma Ltd 156 0.01 3 Coffee Day Enterprises Ltd 9 –
– Automotive Axles Ltd 4 – 3 Colgate-Palmolive India Ltd 45 –
2 Avanti Feeds Ltd 9 – 7 Container Corp Of India Ltd 57 –
29 Axis Bank Ltd 206 0.02 8 Coromandel International Ltd 35 –
1 Axis Bank Ltd,GDR 21 – 23 Corp Bank 7 –
2 Bajaj Auto Ltd 64 – 2 Cox & Kings Financial Service Ltd 1 –
2 Bajaj Corp Ltd 9 – 5 Cox & Kings Ltd 10 –
2 Bajaj Electricals Ltd 9 – 1 CRISIL Ltd 17 –
5 Bajaj Finance Ltd 151 0.01 18 Crompton Greaves Consumer Electricals Ltd 44 –
2 Bajaj Finserv Ltd 138 0.01 2 Cummins India Ltd 16 –
2 Bajaj Holdings & Investment Ltd 65 – 4 Cyient Ltd 27 –
1 Balaji Amines Ltd 5 – 9 Dabur India Ltd 43 –
5 Balkrishna Industries Ltd 58 – 1 Dalmia Bharat Ltd 37 –
7 Balmer Lawrie & Co Ltd 15 – 2 DB Corp Ltd 4 –
11 Balrampur Chini Mills Ltd 12 – 11 DCB Bank Ltd 20 –
34 Bank of Baroda 40 – 3 DCM Shriram Ltd 13 –
55 Bank of Maharashtra 8 – 4 Deepak Fertilisers & Petrochemicals Corp Ltd 8 –
– BASF India Ltd 6 – 14 DEN Networks Ltd 11 –
2 Bata India Ltd 25 – 14 Dewan Housing Finance Corp Ltd 33 –
– Bayer CropScience Ltd 11 – 3 Dhampur Sugar Mills Ltd 5 –
1 BEML Ltd 4 – 1 Dhanuka Agritech Ltd 6 –
7 Berger Paints India Ltd 26 – 3 Dilip Buildcon Ltd 15 –
43 Bharat Electronics Ltd 40 – 12 Dish TV India Ltd 5 –
15 Bharat Forge Ltd 93 0.01 3 Dishman Carbogen Amcis Ltd 9 –
54 Bharat Heavy Electricals Ltd 41 – 5 Divi's Laboratories Ltd 79 0.01
9 Bharat Petroleum Corp Ltd 34 – 22 DLF Ltd 44 –
52 Bharti Airtel Ltd 185 0.01 1 Dr Lal PathLabs Ltd 7 –
8 Bharti Infratel Ltd 22 – 1 Dr Reddy's Laboratories Ltd 39 –
7 Biocon Ltd 53 – 1 Dr Reddy's Laboratories Ltd, ADR 16 –
1 Birla Corp Ltd 10 – 1 eClerx Services Ltd 17 –
3 Bliss Gvs Pharma Ltd 6 – 21 Edelweiss Financial Services Ltd 41 –
– Blue Dart Express Ltd 8 – – Eicher Motors Ltd 48 –
1 Blue Star Ltd 8 – 6 EID Parry India Ltd 14 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 362
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
India - 1.23% (continued) India - 1.23% (continued)
9 EIH Ltd 20 – 6 Hindustan Unilever Ltd 114 0.01
3 Elgi Equipments Ltd 8 – – Honeywell Automation India Ltd 16 –
2 Emami Ltd 10 – 19 Housing Development & Infrastructure Ltd 4 –
2 Endurance Technologies Ltd 20 – 14 Housing Development Finance Corp Ltd 314 0.02
8 Engineers India Ltd 11 – 3 HSIL Ltd 7 –
4 Escorts Ltd 34 – 2 Huhtamaki PPL Ltd 5 –
9 Essel Propack Ltd 9 – 1 I G Petrochemicals Ltd 7 –
3 Eveready Industries India Ltd 7 – 41 ICICI Bank Ltd 165 0.01
14 Exide Industries Ltd 42 – 40 IDBI Bank Ltd 27 –
3 FDC Ltd 6 – 135 IDFC Bank Ltd 58 –
83 Federal Bank Ltd 80 0.01 74 IDFC Ltd 34 –
4 Finolex Cables Ltd 20 – 59 IFCI Ltd 9 –
2 Finolex Industries Ltd 16 – 1 Igarashi Motors India Ltd 7 –
18 Firstsource Solutions Ltd 11 – 9 IIFL Holdings Ltd 48 –
22 Fortis Healthcare Ltd 36 – 6 IL&FS Transportation Networks Ltd 1 –
2 Future Lifestyle Fashions Ltd 7 – 18 India Cements Ltd 19 –
13 Future Retail Ltd 75 0.01 22 Indiabulls Housing Finance Ltd 174 0.01
5 Gabriel India Ltd 8 – 25 Indiabulls Real Estate Ltd 22 –
25 GAIL India Ltd 97 0.01 1 Indiabulls Ventures Ltd (non-voting rights) 2 –
1 Garware Technical Fibres Ltd 12 – 4 Indiabulls Ventures Ltd (voting rights) 17 –
5 Gateway Distriparks Ltd 8 – 8 Indian Bank 20 –
2 GE T&D India Ltd 6 – 22 Indian Hotels Co Ltd 36 –
3 GHCL Ltd 8 – 2 Indian Hume Pipe Co Ltd 6 –
– Gillette India Ltd 29 – 16 Indian Oil Corp Ltd 25 –
– GlaxoSmithKline Consumer Healthcare Ltd 24 – 99 Indian Overseas Bank 16 –
1 GlaxoSmithKline Pharmaceuticals Ltd 14 – 6 Indo Count Industries Ltd 4 –
11 Glenmark Pharmaceuticals Ltd 82 0.01 13 Indraprastha Gas Ltd 37 –
104 GMR Infrastructure Ltd 19 – 2 IndusInd Bank Ltd 29 –
1 Godfrey Phillips India Ltd 11 – 86 Infosys Ltd 647 0.05
9 Godrej Consumer Products Ltd 73 0.01 12 Infosys Ltd, ADR 96 0.01
3 Godrej Industries Ltd 21 – 3 Inox Leisure Ltd 8 –
10 Granules India Ltd 10 – 2 InterGlobe Aviation Ltd 27 –
6 Graphite India Ltd 62 – 2 Ipca Laboratories Ltd 21 –
10 Grasim Industries Ltd 95 0.01 13 IRB Infrastructure Developers Ltd 21 –
4 Great Eastern Shipping Co Ltd 14 – 32 ITC Ltd 102 0.01
5 Greaves Cotton Ltd 7 – 4 ITD Cementation India Ltd 5 –
3 Greenply Industries Ltd 5 – 4 J Kumar Infraprojects Ltd 7 –
2 Grindwell Norton Ltd 11 – 5 Jagran Prakashan Ltd 7 –
10 GRUH Finance Ltd 35 – 21 Jain Irrigation Systems Ltd 16 –
4 Gujarat Alkalies & Chemicals Ltd 27 – 136 Jaiprakash Associates Ltd 11 –
3 Gujarat Ambuja Exports Ltd 9 – 15 Jammu & Kashmir Bank Ltd 6 –
2 Gujarat Fluorochemicals Ltd 21 – 11 Jamna Auto Industries Ltd 9 –
3 Gujarat Gas Ltd 20 – 1 Jet Airways India Ltd 3 –
15 Gujarat Mineral Development Corp Ltd 15 – 17 Jindal Saw Ltd 15 –
8 Gujarat Narmada Valley Fertilizers & Chemicals Ltd 29 – 3 Jindal Stainless Hisar Ltd 3 –
19 Gujarat Pipavav Port Ltd 20 – 5 Jindal Stainless Ltd 2 –
17 Gujarat State Petronet Ltd 36 – 22 Jindal Steel & Power Ltd 38 –
1 Gulf Oil Lubricants India Ltd 8 – 1 JK Cement Ltd 10 –
13 Hathway Cable & Datacom Ltd 5 – 1 JK Lakshmi Cement Ltd 4 –
1 Hatsun Agro Product Ltd 9 – 4 JK Paper Ltd 8 –
6 Havells India Ltd 50 – 8 JK Tyre & Industries Ltd 9 –
16 HCL Technologies Ltd 180 0.01 19 JM Financial Ltd 19 –
3 HealthCare Global Enterprises Ltd 7 – 1 Johnson Controls-Hitachi Air Conditioning India Ltd 10 –
6 HeidelbergCement India Ltd 9 – 41 JSW Energy Ltd 31 –
1 Hero MotoCorp Ltd 37 – 80 JSW Steel Ltd 283 0.02
10 Hexaware Technologies Ltd 36 – 6 JTEKT India Ltd 7 –
4 Hikal Ltd 7 – 3 Jubilant Foodworks Ltd 50 –
90 Himachal Futuristic Communications Ltd 18 – 7 Jubilant Life Sciences Ltd 64 –
6 Himadri Speciality Chemical Ltd 9 – 3 Just Dial Ltd 17 –
3 Himatsingka Seide Ltd 8 – 3 Jyothy Laboratories Ltd 6 –
70 Hindalco Industries Ltd 179 0.01 5 Kajaria Ceramics Ltd 27 –
16 Hindustan Petroleum Corp Ltd 41 – 4 Kalpataru Power Transmission Ltd 14 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 363
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
India - 1.23% (continued) India - 1.23% (continued)
2 Kalyani Steels Ltd 4 – 6 NOCIL Ltd 11 –
3 Kansai Nerolac Paints Ltd 15 – 4 NRB Bearings Ltd 9 –
16 Karnataka Bank Ltd 19 – 13 NTPC Ltd 20 –
30 Karur Vysya Bank Ltd 27 – 5 Oberoi Realty Ltd 27 –
2 Kaveri Seed Co Ltd 13 – 1 Odisha Cement Ltd 6 –
11 KEC International Ltd 37 – 9 Oil & Natural Gas Corp Ltd 14 –
4 KEI Industries Ltd 16 – 9 Oil India Ltd 18 –
– Kirloskar Oil Engines Ltd 1 – 7 Omaxe Ltd 17 –
2 Kitex Garments Ltd 3 – 1 Oracle Financial Services Software Ltd 40 –
4 KNR Constructions Ltd 8 – 5 Orient Cement Ltd 5 –
3 Kotak Mahindra Bank Ltd 39 – 14 Oriental Bank of Commerce 14 –
14 KPIT Technologies Ltd 32 – – Page Industries Ltd 51 –
1 KPR Mill Ltd 10 – 8 PC Jeweller Ltd 6 –
5 KRBL Ltd 16 – 3 Persistent Systems Ltd 18 –
– Lakshmi Machine Works Ltd 13 – 52 Petronet LNG Ltd 123 0.01
6 Lakshmi Vilas Bank Ltd 6 – 1 Pfizer Ltd 25 –
1 Laurus Labs Ltd 6 – 6 Phillips Carbon Black Ltd 15 –
27 LIC Housing Finance Ltd 142 0.01 3 Phoenix Mills Ltd 19 –
3 Linde India Ltd 19 – 6 PI Industries Ltd 53 –
10 LT Foods Ltd 5 – 3 Pidilite Industries Ltd 46 –
– Lumax Industries Ltd 6 – 4 Piramal Enterprises Ltd 87 0.01
5 Lupin Ltd 49 – 1 PNB Housing Finance Ltd 13 –
12 Magma Fincorp Ltd 15 – 6 PNC Infratech Ltd 10 –
1 Mahanagar Gas Ltd 6 – 43 Power Finance Corp Ltd 41 –
– Maharashtra Scooters Ltd 10 – 10 Power Grid Corp of India Ltd 21 –
2 Maharashtra Seamless Ltd 12 – 7 Prakash Industries Ltd 7 –
11 Mahindra & Mahindra Financial Services Ltd 54 – 11 Prestige Estates Projects Ltd 28 –
19 Mahindra & Mahindra Ltd 169 0.01 – Procter & Gamble Hygiene & Health Care Ltd 34 –
6 Mahindra CIE Automotive Ltd 18 – 30 PTC India Financial Services Ltd 5 –
3 Mahindra Holidays & Resorts India Ltd 7 – 11 PTC India Ltd 10 –
2 Mahindra Lifespace Developers Ltd 9 – 25 Punjab National Bank 19 –
1 Maithan Alloys Ltd 5 – 2 PVR Ltd 37 –
43 Manappuram Finance Ltd 42 – 2 Radico Khaitan Ltd 12 –
16 Mangalore Refinery & Petrochemicals Ltd 13 – 14 Rain Industries Ltd 21 –
13 Marico Ltd 54 – 6 Rajesh Exports Ltd 41 –
1 Maruti Suzuki India Ltd 105 0.01 5 Rallis India Ltd 9 –
11 Max Financial Services Ltd 54 – 6 Ramco Cements Ltd 38 –
4 Max India Ltd 3 – 1 Ramkrishna Forgings Ltd 6 –
2 Mayur Uniquoters Ltd 7 – – Rane Holdings Ltd 5 –
8 McLeod Russel India Ltd 11 – 16 Rashtriya Chemicals & Fertilizers Ltd 11 –
13 Meghmani Organics Ltd 9 – 2 Ratnamani Metals & Tubes Ltd 20 –
3 Minda Corp Ltd 5 – 2 Raymond Ltd 21 –
5 Minda Industries Ltd 17 – 6 RBL Bank Ltd 36 –
10 Mindtree Ltd 100 0.01 64 REC Ltd 73 0.01
9 MOIL Ltd 17 – 24 Redington India Ltd 25 –
16 Motherson Sumi Systems Ltd 28 – 7 Reliance Capital Ltd 18 –
3 Motilal Oswal Financial Services Ltd 21 – 113 Reliance Communications Ltd 18 –
4 Mphasis Ltd 47 – 7 Reliance Home Finance Ltd 3 –
– MRF Ltd 84 0.01 32 Reliance Industries Ltd, GDR 825 0.06
12 Muthoot Finance Ltd 60 – 7 Reliance Infrastructure Ltd 25 –
8 Natco Pharma Ltd 66 0.01 33 Reliance Power Ltd 11 –
46 National Aluminium Co Ltd 35 – 3 Repco Home Finance Ltd 12 –
9 Nava Bharat Ventures Ltd 12 – 1 RP-SG Business Process Services Ltd 5 –
8 Navneet Education Ltd 10 – 3 RP-SG Retail Ltd 5 –
22 NBCC India Ltd 13 – 10 Sadbhav Engineering Ltd 24 –
27 NCC Ltd 27 – 1 Sanofi India Ltd 41 –
2 NESCO Ltd 9 – – Schaeffler India Ltd 11 –
– Nestle India Ltd 50 – 1 Shankara Building Products Ltd 4 –
72 NHPC Ltd 21 – 2 Sharda Cropchem Ltd 6 –
3 NIIT Technologies Ltd 34 – 1 Sheela Foam Ltd 9 –
1 Nilkamal Ltd 11 – 18 Shipping Corp of India Ltd 9 –
8 NLC India Ltd 7 – – Shree Cement Ltd 35 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 364
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
India - 1.23% (continued) India - 1.23% (continued)
1 Shriram City Union Finance Ltd 22 – 2 Timken India Ltd 11 0.01
11 Shriram Transport Finance Co Ltd 141 0.01 9 Titan Co Ltd 89 0.02
1 Siemens Ltd 16 – 4 Torrent Pharmaceuticals Ltd 71 0.02
2 Simplex Infrastructures Ltd 4 – 8 Torrent Power Ltd 24 0.01
29 Sintex Industries Ltd 4 – 12 Trident Ltd 9 0.01
29 Sintex Plastics Technology Ltd 8 – 16 Triveni Engineering & Industries Ltd 9 0.01
26 SITI Networks Ltd 3 – – TTK Prestige Ltd 9 0.01
1 Siyaram Silk Mills Ltd 5 – 7 Tube Investments of India Ltd 23 0.01
1 SKF India Ltd 13 – 3 TV Today Network Ltd 12 0.01
3 Skipper Ltd 3 – 52 TV18 Broadcast Ltd 21 0.01
3 Sobha Ltd 15 – 6 TVS Motor Co Ltd 37 0.01
1 Solar Industries India Ltd 11 – – TVS Srichakra Ltd 6 0.01
– Solara Active Pharma Sciences Ltd 1 – 13 UCO Bank 3 0.01
1 Somany Ceramics Ltd 4 – 3 Uflex Ltd 10 0.01
4 Sonata Software Ltd 15 – 1 UltraTech Cement Ltd 46 0.01
91 South Indian Bank Ltd 16 – 3 Unichem Laboratories Ltd 6 0.01
12 Srei Infrastructure Finance Ltd 4 – 17 Union Bank of India 15 0.01
2 SRF Ltd 43 – 243 Unitech Ltd 6 0.01
7 State Bank of India 23 – 3 United Breweries Ltd 38 0.01
2 State Bank of India, GDR 66 0.01 8 United Spirits Ltd 57 0.01
35 Steel Authority of India Ltd 22 – 34 UPL Ltd 294 0.03
19 Sterlite Technologies Ltd 74 0.01 4 V-Guard Industries Ltd 11 0.01
2 Strides Pharma Science Ltd 9 – 2 VA Tech Wabag Ltd 6 0.01
2 Subros Ltd 7 – 1 Vaibhav Global Ltd 9 0.01
1 Sudarshan Chemical Industries 6 – 9 Vakrangee Ltd 3 0.01
5 Sun Pharmaceutical Industries Ltd 29 – 2 Vardhman Textiles Ltd 18 0.01
7 Sun TV Network Ltd 50 – 42 Vedanta Ltd 93 0.02
1 Sundaram Finance Holdings Ltd 2 – 11 Vedanta Ltd, ADR 95 0.02
1 Sundaram Finance Ltd 22 – 1 Venky's India Ltd 16 0.01
– Sundaram-Clayton Ltd 9 – 26 Vijaya Bank 12 0.01
5 Sundram Fasteners Ltd 30 – 2 Vinati Organics Ltd 25 0.01
2 Sunteck Realty Ltd 6 – 2 VIP Industries Ltd 13 0.01
4 Suprajit Engineering Ltd 10 – 156 Vodafone Idea Ltd 62 0.01
4 Supreme Industries Ltd 42 – 4 Voltas Ltd 22 0.01
3 Supreme Petrochem Ltd 7 – 2 VRL Logistics Ltd 8 0.01
2 Surya Roshni Ltd 5 – – VST Industries Ltd 8 0.01
7 Suven Life Sciences Ltd 19 – – WABCO India Ltd 12 0.01
1 Symphony Ltd 7 – 11 Welspun Corp Ltd 19 0.01
16 Syndicate Bank 6 – 22 Welspun India Ltd 15 0.01
1 Syngene International Ltd 4 – 3 West Coast Paper Mills Ltd 11 0.01
8 TAKE Solutions Ltd 12 – 1 Wheels India Ltd 7 0.01
4 Tamil Nadu Newsprint & Papers Ltd 10 – 1 Whirlpool of India Ltd 22 0.01
7 Tata Chemicals Ltd 54 – 21 Wipro Ltd 77 0.02
5 Tata Communications Ltd 31 – 2 Wockhardt Ltd 12 0.01
8 Tata Consultancy Services Ltd 188 0.01 82 Yes Bank Ltd 157 0.01
2 Tata Elxsi Ltd 20 – 12 Zee Entertainment Enterprises Ltd 66 0.01
30 Tata Global Beverages Ltd 74 0.01 8 Zensar Technologies Ltd 20 –
1 Tata Metaliks Ltd 8 – 15,963 1.23
41 Tata Motors Ltd 79 0.02 Indonesia - 0.27%
5 Tata Motors Ltd, ADR 50 0.01 409 Ace Hardware Indonesia Tbk PT 36 –
44 Tata Power Co Ltd 38 0.01 1,488 Adaro Energy Tbk PT 105 0.01
22 Tata Steel Ltd (non-voting rights) 131 0.02 149 Adhi Karya Persero Tbk PT 13 –
1 Tata Steel Ltd (voting rights) 2 0.01 119 AKR Corporindo Tbk PT 26 –
18 Tech Mahindra Ltd 145 0.02 838 Alam Sutera Realty Tbk PT 16 –
2 Techno Electric & Engineering Co Ltd 5 0.01 684 Aneka Tambang Tbk 23 –
3 Tejas Networks Ltd 8 0.01 41 Astra Agro Lestari Tbk PT 25 –
1 Thermax Ltd 8 0.01 472 Astra International Tbk PT 222 0.02
3 Thirumalai Chemicals Ltd 4 0.01 391 Bank Bukopin Tbk 6 –
8 Thomas Cook India Ltd 21 0.01 77 Bank Central Asia Tbk PT 110 0.01
2 Thyrocare Technologies Ltd 11 0.01 177 Bank Danamon Indonesia Tbk PT 72 0.01
4 TI Financial Holdings Ltd 25 0.01 232 Bank Mandiri Persero Tbk PT 94 0.01
9 Time Technoplast Ltd 10 0.01 662 Bank Maybank Indonesia Tbk PT 7 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 365
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Indonesia - 0.27% (continued) Indonesia - 0.27% (continued)
219 Bank Negara Indonesia Persero Tbk PT 103 0.01 1,603 PP Properti Tbk PT 10 –
166 Bank Pan Indonesia Tbk PT 11 – 331 Ramayana Lestari Sentosa Tbk PT 22 –
310 Bank Pembangunan Daerah Jawa Barat Dan 637 Rimo International Lestari Tbk PT 5 –
Banten Tbk PT 34 –
407 Salim Ivomas Pratama Tbk PT 11 –
199 Bank Pembangunan Daerah Jawa Timur Tbk PT 8 –
741 Sarana Menara Nusantara Tbk PT 21 –
449 Bank Permata Tbk PT 11 –
186 Sawit Sumbermas Sarana Tbk PT 12 –
1,311 Bank Rakyat Indonesia Persero Tbk PT 261 0.02
118 Selamat Sempurna Tbk PT 9 –
339 Bank Tabungan Negara Persero Tbk PT 50 –
168 Semen Indonesia Persero Tbk PT 111 0.01
41 Bank Tabungan Pensiunan Nasional Tbk PT 8 –
2,239 Sentul City Tbk PT 14 –
544 Barito Pacific Tbk PT 63 –
12 Siloam International Hospitals Tbk PT 2 –
234 BFI Finance Indonesia Tbk PT 8 –
903 Sri Rejeki Isman Tbk PT 18 –
151 BISI International Tbk PT 13 –
104 Sumber Alfaria Trijaya Tbk PT 5 –
64 Blue Bird Tbk PT 10 –
842 Summarecon Agung Tbk PT 38 –
336 Bukit Asam Tbk PT 74 0.01
211 Surya Citra Media Tbk PT 22 –
377 Bumi Serpong Damai Tbk PT 28 –
298 Surya Semesta Internusa Tbk PT 7 –
361 Charoen Pokphand Indonesia Tbk PT 118 0.01
3 Telekomunikasi Indonesia Persero Tbk PT, ADR 55 –
1,049 Ciputra Development Tbk PT 61 –
176 Tiga Pilar Sejahtera Food Tbk 1 –
702 Delta Dunia Makmur Tbk PT 22 –
390 Timah Tbk PT 13 –
460 Eagle High Plantations Tbk PT 4 –
74 Tower Bersama Infrastructure Tbk PT 16 0.01
173 Erajaya Swasembada Tbk PT 21 –
1,733 Trada Alam Minera Tbk PT 14 0.01
42 Fajar Surya Wisesa Tbk PT 19 –
226 Tunas Baru Lampung Tbk PT 10 0.01
280 Gajah Tunggal Tbk PT 10 –
71 Ultrajaya Milk Industry & Trading Co Tbk PT 4 0.01
651 Garuda Indonesia Persero Tbk PT 8 –
13 Unilever Indonesia Tbk PT 31 0.01
414 Global Mediacom Tbk PT 7 –
98 United Tractors Tbk PT 148 0.01
13 Gudang Garam Tbk PT 57 –
211 Vale Indonesia Tbk PT 35 0.01
4,578 Hanson International Tbk PT 31 –
754 Visi Media Asia Tbk PT 4 0.01
123 Harum Energy Tbk PT 9 –
759 Waskita Beton Precast Tbk PT 15 0.01
174 Indah Kiat Pulp & Paper Corp Tbk PT 101 0.01
486 Waskita Karya Persero Tbk PT 43 0.01
108 Indika Energy Tbk PT 11 –
166 Wijaya Karya Persero Tbk PT 15 0.01
28 Indo Tambangraya Megah Tbk PT 33 –
329 XL Axiata Tbk PT 38 0.01
84 Indocement Tunggal Prakarsa Tbk PT 89 0.01
3,522 0.27
55 Indofood CBP Sukses Makmur Tbk PT 30 –
Ireland - 0.25%
375 Indofood Sukses Makmur Tbk PT 136 0.01
31 AIB Group PLC 105 0.01
55 Indosat Tbk PT 6 –
64 Bank of Ireland Group PLC 320 0.02
202 Industri Jamu Dan Farmasi Sido Muncul Tbk PT 9 –
19 C&C Group PLC 52 –
675 Intiland Development Tbk PT 11 –
14 CRH PLC 306 0.02
350 Japfa Comfeed Indonesia Tbk PT 39 –
7 CRH PLC, ADR 153 0.01
70 Jasa Marga Persero Tbk PT 16 –
2 Datalex PLC 5 –
176 Jaya Real Property Tbk PT 6 –
2 FBD Holdings PLC 14 –
196 Kalbe Farma Tbk PT 16 –
26 Glanbia PLC 370 0.03
140 Krakatau Steel Persero Tbk PT 3 –
2 IFG Group PLC 2 –
911 Kresna Graha Investama Tbk PT 34 –
107 Independent News & Media PLC 6 –
67 Link Net Tbk PT 19 –
10 Irish Continental Group PLC 43 –
57 Lippo Cikarang Tbk PT 5 –
– Kenmare Resources PLC – –
956 Lippo Karawaci Tbk PT 14 –
3 Kerry Group PLC 222 0.02
88 Matahari Department Store Tbk PT 23 –
26 Kingspan Group PLC 867 0.07
376 Mayora Indah Tbk PT 53 –
6 Paddy Power Betfair PLC 391 0.03
788 Medco Energi Internasional Tbk PT 30 –
8 Permanent TSB Group Holdings PLC 12 –
347 Media Nusantara Citra Tbk PT 15 –
17 Smurfit Kappa Group PLC 354 0.04
670 Mitra Adiperkasa Tbk PT 32 –
175 Mitra Keluarga Karyasehat Tbk PT 15 – 3,222 0.25
1,192 MNC Investama Tbk PT 4 – Israel - 0.23%
1,223 MNC Land Tbk PT 9 – 2 ADO Group Ltd 26 –
567 Modernland Realty Tbk PT 6 – – Afcon Holdings Ltd 14 –
66 Pabrik Kertas Tjiwi Kimia Tbk PT 41 – 1 Africa Israel Properties Ltd 16 –
1,085 Pakuwon Jati Tbk PT 35 – 3 Airport City Ltd 34 –
409 Pan Brothers Tbk PT 12 – 1 Albaad Massuot Yitzhak Ltd 5 –
1,281 Panin Financial Tbk PT 21 – 3 Allot Communications Ltd 17 –
396 Perusahaan Gas Negara Persero Tbk 43 – 1 Alrov Properties and Lodgings Ltd 12 –
202 Perusahaan Perkebunan London Sumatra 7 Amot Investments Ltd 27 –
Indonesia Tbk PT 12 – 1 Arad Ltd 10 –
63 Pool Advista Indonesia Tbk PT 18 – 20 Arko Holdings Ltd 8 –
216 PP Persero Tbk PT 22 – 3 Ashtrom Properties Ltd 11 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 366
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Israel - 0.23% (continued) Israel - 0.23% (continued)
2 AudioCodes Ltd 17 – 1 Scope Metals Group Ltd 12 0.01
8 Avgol Industries Ltd 6 – 11 Shapir Engineering and Industry Ltd 29 0.01
1 Azrieli Group Ltd 20 – 24 Shikun & Binui Ltd 35 0.01
35 Bank Hapoalim BM 187 0.01 10 Shufersal Ltd 50 0.01
77 Bank Leumi Le-Israel BM 396 0.03 – SodaStream International Ltd 38 0.01
– Bayside Land Corp 13 – 1 Strauss Group Ltd 26 0.01
37 Bezeq The Israeli Telecommunication Corp Ltd 34 – – Tadiran Holdings Ltd 8 0.01
– Big Shopping Centers Ltd 14 – 3 Teva Pharmaceutical Industries Ltd 47 0.01
– Blue Square Real Estate Ltd 10 – 5 Teva Pharmaceutical Industries Ltd, ADR 91 0.01
– Brack Capital Properties NV 7 – 3 Tower Semiconductor Ltd 40 –
1 Carasso Motors Ltd 4 – 2 Union Bank of Israel 8 –
1 Cellcom Israel Ltd (Israel listing) 7 – 3,036 0.23
4 Cellcom Israel Ltd (US listing) 22 – Italy - 0.91%
5 Ceragon Networks Ltd 15 – 158 A2A SpA 210 0.02
2 Clal Insurance Enterprises Holdings Ltd 26 – 5 ACEA SpA 55 –
3 Delek Automotive Systems Ltd 14 – 5 Amplifon SpA 66 0.01
– Delek Group Ltd 61 – 21 Anima Holding SpA 68 0.01
1 Delta-Galil Industries Ltd 16 – 17 Arnoldo Mondadori Editore SpA 23 –
1 Direct Insurance Financial Investments Ltd 13 – 8 Ascopiave SpA 21 –
30 El Al Israel Airlines 8 – 40 Assicurazioni Generali SpA 533 0.04
1 Elbit Systems Ltd 69 0.01 6 Astaldi SpA 3 –
1 Electra Consumer Products 1970 Ltd 11 – 11 Atlantia SpA 173 0.01
– Electra Ltd 34 – 15 Autogrill SpA 112 0.01
5 First International Bank Of Israel Ltd 89 0.01 14 Azimut Holding SpA 137 0.01
1 Formula Systems 1985 Ltd 36 – 3,481 Banca Carige SpA 6 –
1 Fox Wizel Ltd 11 – 9 Banca Farmafactoring SpA 38 –
2 Gilat Satellite Networks Ltd 18 – 4 Banca Generali SpA 65 –
– Hadera Paper Ltd 16 – 3 Banca IFIS SpA 49 –
12 Harel Insurance Investments & Financial Services
12 Banca Mediolanum SpA 59 –
Ltd 70 0.01
– Banca Monte dei Paschi di Siena SpA 1 –
1 Hilan Ltd 15 –
49 Banca Popolare di Sondrio SCPA 121 0.01
– IDI Insurance Co Ltd 18 –
8 Banca Sistema SpA 12 –
– IES Holdings Ltd 10 –
141 Banco BPM SpA 259 0.02
8 Industrial Buildings Corp Ltd 9 –
4 Banco di Desio e della Brianza SpA 7 –
5 Inrom Construction Industries Ltd 14 –
12 BE 9 –
17 Israel Chemicals Ltd 78 0.01
1 Biesse SpA 24 –
36 Israel Discount Bank Ltd 97 0.01
49 BPER Banca 156 0.01
1 Jerusalem Oil Exploration 56 –
17 Brembo SpA 153 0.01
2 Kenon Holdings Ltd 20 –
2 Brunello Cucinelli SpA 51 –
– Kerur Holdings Ltd 7 –
6 Buzzi Unicem SpA 94 0.01
– Klil Industries Ltd 7 –
8 Cairo Communication SpA 24 –
11 Magic Software Enterprises Ltd 69 0.01
4 Cementir Holding SpA 17 –
– Malam - Team Ltd 7 –
11 Cerved Group SpA 69 0.01
2 Matrix IT Ltd 21 –
30 CIR-Compagnie Industriali Riunite SpA 24 –
2 Maytronics Ltd 11 –
49 CNH Industrial NV 379 0.03
7 Mediterranean Towers Ltd 10 –
10 Credito Emiliano SpA 45 –
1 Melisron Ltd 34 –
670 Credito Valtellinese SpA 49 –
3 Menora Mivtachim Holdings Ltd 28 –
28 d'Amico International Shipping SA 3 –
47 Migdal Insurance & Financial Holding Ltd 43 –
1 Danieli & C Officine Meccaniche SpA 17 –
1 Mivtach Shamir Holdings Ltd 9 –
2 Datalogic SpA 32 –
11 Mizrahi Tefahot Bank Ltd 164 0.01
32 Davide Campari-Milano SpA 210 0.02
6 Naphtha Israel Petroleum Corp Ltd 33 –
4 De' Longhi SpA 83 0.01
– Neto ME Holdings Ltd 11 –
8 DeA Capital SpA 10 –
– Nice Ltd 12 –
2 DiaSorin SpA 106 0.01
1 Nice Ltd, ADR 66 0.01
12 Enav SpA 45 –
2 Nova Measuring Instruments Ltd 46 –
158 Enel SpA 674 0.05
208 Oil Refineries Ltd 82 0.01
73 Eni SpA 927 0.07
14 Partner Communications Co Ltd 61 –
7 ERG SpA 99 0.01
1 Paz Oil Co Ltd 101 0.01
3 Esprinet SpA 9 –
12 Phoenix Holdings Ltd 58 –
7 Eurotech SpA 24 –
– Plasson Industries Ltd 11 –
– Rami Levy Chain Stores Hashikma Marketing 2006 15 Falck Renewables SpA 33 –
Ltd 20 – 3 Ferrari NV 273 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 367
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Italy - 0.91% (continued) Italy - 0.91% (continued)
75 Fiat Chrysler Automobiles NV 977 0.08 99 Unione di Banche Italiane SpA 250 0.03
1 Fila SpA 7 – 42 Unipol Gruppo SpA 136 0.02
30 Fincantieri SpA 28 – 91 UnipolSai Assicurazioni SpA 165 0.02
25 FinecoBank Banca Fineco SpA 213 0.02 3 Zignago Vetro SpA 19 –
17 FNM SpA 7 – 11,891 0.91
21 GEDI Gruppo Editoriale SpA 7 – Japan - 8.05%
5 Geox SpA 6 – 7 77 Bank Ltd 102 0.01
2 Gruppo MutuiOnline SpA 29 – 2 A&D Co Ltd 12 –
76 Hera SpA 165 0.01 1 ABC-Mart Inc 35 –
1 IMA Industria Macchine Automatiche SpA 53 – 1 Abist Co Ltd 12 –
34 IMMSI SpA 12 – 3 Access Co Ltd 20 –
9 Infrastrutture Wireless Italiane SpA 50 – 1 Achilles Corp 19 –
15 Intek Group SpA 4 – 7 Acom Co Ltd 21 –
6 Interpump Group SpA 145 0.01 3 Adastria Co Ltd 37 –
230 Intesa Sanpaolo SpA 420 0.03 8 ADEKA Corp 100 0.01
42 Iren SpA 71 0.01 2 Advan Co Ltd 11 –
31 Italgas SpA 130 0.01 – Adventure Inc 23 –
1 Italmobiliare SpA 24 – 24 Aeon Co Ltd 443 0.03
31 Juventus Football Club SpA 30 – 2 Aeon Delight Co Ltd 61 –
1 La Doria SpA 11 – 1 Aeon Fantasy Co Ltd 24 –
18 Leonardo SpA 139 0.01 5 AEON Financial Service Co Ltd 76 0.01
11 Maire Tecnimont SpA 33 – 2 Aeon Hokkaido Corp 13 –
2 MARR SpA 41 – 4 Aeon Mall Co Ltd 55 –
2 Massimo Zanetti Beverage Group SpA 10 – 1 Aeria Inc 5 –
71 Mediaset SpA 173 0.01 12 AGC Inc 326 0.03
38 Mediobanca Banca di Credito Finanziario SpA 266 0.02 2 Ahresty Corp 12 –
7 Moncler SpA 188 0.01 2 Ai Holdings Corp 27 –
2 Mondo TV SpA 2 – 3 Aica Kogyo Co Ltd 69 0.01
7 OVS SpA 10 – 1 Aichi Bank Ltd 24 –
7 Parmalat SpA 17 – 3 Aichi Corp 12 –
23 Piaggio & C SpA 36 – 1 Aichi Steel Corp 33 –
34 Poste Italiane SpA 202 0.02 – Aichi Tokei Denki Co Ltd 11 –
1 Prima Industrie SpA 16 – 5 Aida Engineering Ltd 30 –
6 RAI Way SpA 23 – 20 Aiful Corp 44 –
3 Recordati SpA 72 0.01 3 Ain Holdings Inc 194 0.01
18 Reno de Medici SpA 11 – 1 Aiphone Co Ltd 12 –
1 Reply SpA 43 – 13 Air Water Inc 168 0.01
14 Retelit SpA 19 – 2 Airport Facilities Co Ltd 8 –
14 Rizzoli Corriere Della Sera Mediagroup SpA 15 – 4 Aisan Industry Co Ltd 24 –
1 Sabaf SpA 14 – 6 Aisin Seiki Co Ltd 197 0.02
2 SAES Getters SpA 26 – 3 Aizawa Securities Co Ltd 17 –
3 Safilo Group SpA 4 – 20 Ajinomoto Co Inc 272 0.02
59 Saipem SpA 202 0.02 1 Ajis Co Ltd 19 –
25 Salini Impregilo SpA 41 – – Akatsuki Inc 15 –
3 Salvatore Ferragamo SpA 53 – 14 Akebono Brake Industry Co Ltd 22 –
73 Saras SpA 111 0.01 2 Akita Bank Ltd 27 –
3 Servizi Italia SpA 9 – 1 Albis Co Ltd 14 –
1 Sesa SpA 20 – 3 Alconix Corp 29 –
49 Snam SpA 167 0.01 5 Alfresa Holdings Corp 107 0.01
15 Societa Cattolica di Assicurazioni SC 95 0.01 2 Alinco Inc 11 –
8 Societa Iniziative Autostradali e Servizi SpA 84 0.01 1 Alpen Co Ltd 18 –
4 Sogefi SpA 6 – 1 Alpha Corp 12 –
3 SOL SpA 31 – 1 Alpha Systems Inc 13 –
4 Tamburi Investment Partners SpA 20 – 4 Alpine Electronics Inc 50 –
7 Technogym SpA 62 – 10 Alps Electric Co Ltd 173 0.01
718 Telecom Italia SpA 367 0.03 2 Alps Logistics Co Ltd 11 –
5 Tenaris SA 43 – 1 Altech Corp 20 –
49 Terna Rete Elettrica Nazionale SpA 217 0.03 20 Amada Holdings Co Ltd 169 0.01
228 Tiscali SpA 4 0.01 4 Amano Corp 64 –
1 Tod's SpA 36 0.01 1 Amiyaki Tei Co Ltd 14 –
10 TREVI - Finanziaria Industriale SpA 3 0.01 1 Amuse Inc 23 –
34 UniCredit SpA 344 0.04 2 ANA Holdings Inc 45 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 368
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Japan - 8.05% (continued) Japan - 8.05% (continued)
2 Anest Iwata Corp 15 – 4 Benesse Holdings Inc 82 0.01
1 Anicom Holdings Inc 26 – 8 Bic Camera Inc 92 0.01
– AOI Electronics Co Ltd 7 – – Biofermin Pharmaceutical Co Ltd 8 –
2 AOI TYO Holdings Inc 14 – 2 BML Inc 44 –
3 AOKI Holdings Inc 32 – 1 Bourbon Corp 9 –
2 Aomori Bank Ltd 37 – 1 BP Castrol KK 8 –
4 Aoyama Trading Co Ltd 77 0.01 21 Bridgestone Corp 666 0.05
3 Aozora Bank Ltd 80 0.01 5 Broadleaf Co Ltd 23 –
2 Arakawa Chemical Industries Ltd 19 – 1 BRONCO BILLY Co Ltd 19 –
1 Arata Corp 31 – 14 Brother Industries Ltd 181 0.01
2 Arcland Sakamoto Co Ltd 26 – 4 Bunka Shutter Co Ltd 24 –
2 Arcland Service Holdings Co Ltd 28 – – C Uyemura & Co Ltd 21 –
3 Arcs Co Ltd 49 – 2 CAC Holdings Corp 14 –
1 Arealink Co Ltd 11 – 2 Calbee Inc 42 –
1 Argo Graphics Inc 22 – 1 Can Do Co Ltd 10 –
– Ariake Japan Co Ltd 27 – 1 Canon Electronics Inc 21 –
5 Arisawa Manufacturing Co Ltd 30 – 13 Canon Inc 291 0.02
1 Artnature Inc 7 – 4 Canon Marketing Japan Inc 54 –
2 ArtSpark Holdings Inc 16 – 8 Capcom Co Ltd 118 0.01
2 Asahi Co Ltd 18 – 3 Carlit Holdings Co Ltd 18 –
6 Asahi Diamond Industrial Co Ltd 31 – 11 Casio Computer Co Ltd 118 0.01
6 Asahi Group Holdings Ltd 188 0.01 1 Cawachi Ltd 20 –
1 Asahi Holdings Inc 21 – 3 Central Glass Co Ltd 54 –
3 Asahi Intecc Co Ltd 111 0.01 1 Central Japan Railway Co 169 0.01
55 Asahi Kasei Corp 476 0.04 1 Central Security Patrols Co Ltd 22 –
1 Asahi Kogyosha Co Ltd 14 – 1 Central Sports Co Ltd 16 –
2 Asahi Yukizai Corp 28 – 22 Chiba Bank Ltd 114 0.01
1 Asanuma Corp 17 – 4 Chiba Kogyo Bank Ltd 14 –
1 Ashimori Industry Co Ltd 7 – 1 Chilled & Frozen Logistics Holdings Co Ltd 7 –
2 Asia Pile Holdings Corp 12 – 1 Chiyoda Co Ltd 11 –
9 Asics Corp 106 0.01 10 Chiyoda Corp 22 –
3 ASKA Pharmaceutical Co Ltd 23 – 1 Chiyoda Integre Co Ltd 15 –
1 ASKUL Corp 16 – 2 Chofu Seisakusho Co Ltd 25 –
25 Astellas Pharma Inc 307 0.02 1 Chori Co Ltd 18 –
1 Asti Corp 9 – 8 Chubu Electric Power Co Inc 96 0.01
1 Asukanet Co Ltd 9 – 3 Chubu Shiryo Co Ltd 29 –
3 Asunaro Aoki Construction Co Ltd 21 – 3 Chudenko Corp 45 –
1 Ateam Inc 13 – 1 Chuetsu Pulp & Paper Co Ltd 8 –
4 Atom Corp 29 – 1 Chugai Pharmaceutical Co Ltd 32 –
2 Atsugi Co Ltd 16 – 1 Chugai Ro Co Ltd 10 –
4 Autobacs Seven Co Ltd 43 – 10 Chugoku Bank Ltd 70 0.01
4 Avex Inc 39 – 10 Chugoku Electric Power Co Inc 94 0.01
4 Awa Bank Ltd 86 0.01 4 Chugoku Marine Paints Ltd 31 –
2 Axial Retailing Inc 53 – 1 Chukyo Bank Ltd 16 –
3 Azbil Corp 54 – 5 CI Takiron Corp 22 –
5 Bandai Namco Holdings Inc 162 0.01 2 Ci:z Holdings Co Ltd 81 0.01
3 Bando Chemical Industries Ltd 26 – 22 Citizen Watch Co Ltd 93 0.01
1 Bank of Iwate Ltd 40 – 1 CK San-Etsu Co Ltd 10 –
1 Bank of Kochi Ltd 9 – 6 CKD Corp 48 –
4 Bank of Kyoto Ltd 136 0.01 3 Clarion Co Ltd 52 –
1 Bank of Nagoya Ltd 28 – 2 Cleanup Corp 9 –
3 Bank of Okinawa Ltd 65 – 1 CMIC Holdings Co Ltd 17 –
1 Bank of Saga Ltd 20 – 4 CMK Corp 27 –
4 Bank of the Ryukyus Ltd 37 – 5 Coca-Cola Bottlers Japan Holdings Inc 111 0.01
1 Bank of Toyama Ltd 13 – 1 cocokara fine Inc 36 –
1 Baroque Japan Ltd 10 – 5 COLOPL Inc 27 –
2 BayCurrent Consulting Inc 39 – 2 Colowide Co Ltd 42 –
1 Beenos Inc 9 – 2 Computer Engineering & Consulting Ltd 38 –
1 Belc Co Ltd 46 – 6 COMSYS Holdings Corp 116 0.01
4 Bell System24 Holdings Inc 37 – – Comture Corp 9 –
4 Belluna Co Ltd 32 – 38 Concordia Financial Group Ltd 141 0.01
1 Benefit One Inc 32 – 2 CONEXIO Corp 21 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 369
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Japan - 8.05% (continued) Japan - 8.05% (continued)
5 COOKPAD Inc 14 – 7 Dexerials Corp 47 –
2 Corona Corp 17 – 8 DIC Corp 202 0.02
2 Cosel Co Ltd 17 – 1 Digital Arts Inc 36 –
7 Cosmo Energy Holdings Co Ltd 125 0.01 2 Digital Hearts Holdings Co Ltd 17 –
– Cosmos Pharmaceutical Corp 64 – 2 Dip Corp 37 –
3 CRE Inc 18 – 1 Disco Corp 103 0.01
3 Create Restaurants Holdings Inc 25 – 1 DKS Co Ltd 23 –
3 Create SD Holdings Co Ltd 56 – 8 DMG Mori Co Ltd 91 0.01
9 Credit Saison Co Ltd 95 0.01 3 Don Quijote Holdings Co Ltd 123 0.01
1 Cresco Ltd 19 – 2 Doshisha Co Ltd 22 –
1 CTI Engineering Co Ltd 12 – 2 Doutor Nichires Holdings Co Ltd 32 –
3 CTS Co Ltd 16 – 5 Dowa Holdings Co Ltd 124 0.01
3 CyberAgent Inc 100 0.01 1 DTS Corp 37 –
9 Dai Nippon Printing Co Ltd 160 0.01 4 Duskin Co Ltd 74 0.01
3 Dai Nippon Toryo Co Ltd 25 – 2 Dvx Inc 13 –
1 Dai-Dan Co Ltd 18 – 1 DyDo Group Holdings Inc 26 –
21 Dai-ichi Life Holdings Inc 288 0.02 1 E-Guardian Inc 13 –
1 Dai-ichi Seiko Co Ltd 11 – 4 Eagle Industry Co Ltd 36 –
4 Daibiru Corp 35 – 2 East Japan Railway Co 166 0.01
30 Daicel Corp 259 0.02 6 Ebara Corp 126 0.01
1 Daido Kogyo Co Ltd 6 – 1 Ebara Foods Industry Inc 9 –
4 Daido Metal Co Ltd 28 – 1 Ebara Jitsugyo Co Ltd 17 –
3 Daido Steel Co Ltd 89 0.01 1 Eco's Co Ltd 14 –
3 Daidoh Ltd 6 – 6 EDION Corp 53 –
4 Daifuku Co Ltd 157 0.01 3 EF-ON INC 20 –
2 Daihatsu Diesel Manufacturing Co Ltd 11 – 2 eGuarantee Inc 16 –
2 Daihen Corp 31 – 3 Ehime Bank Ltd 21 –
1 Daiho Corp 37 – 4 Eidai Co Ltd 12 –
1 Daiichi Jitsugyo Co Ltd 28 – 1 Eighteenth Bank Ltd 16 –
3 Daiichi Kigenso Kagaku-Kogyo Co Ltd 22 – 2 Eiken Chemical Co Ltd 36 –
2 Daiichi Sankyo Co Ltd 56 – 1 Eisai Co Ltd 48 –
3 Daiichikosho Co Ltd 104 0.01 1 Eizo Corp 39 –
1 Daiken Corp 18 – 2 Elecom Co Ltd 33 –
2 Daiken Medical Co Ltd 10 – 2 Electric Power Development Co Ltd 40 –
4 Daiki Aluminium Industry Co Ltd 18 – 1 Elematec Corp 13 –
1 Daiki Axis Co Ltd 10 – 3 EM Systems Co Ltd 21 –
2 Daikin Industries Ltd 174 0.01 1 en-japan Inc 38 –
1 Daikoku Denki Co Ltd 11 – 1 Endo Lighting Corp 7 –
1 Daikokutenbussan Co Ltd 25 – 2 Eneres Co Ltd 11 –
3 Daikyo Inc 51 – 1 Enigmo Inc 18 –
4 Daikyonishikawa Corp 30 – 1 Enplas Corp 20 –
1 Dainichiseika Color & Chemicals Manufacturing Co 3 EPS Holdings Inc 39 –
Ltd 23 –
2 eRex Co Ltd 10 –
7 Daio Paper Corp 66 0.01
6 ES-Con Japan Ltd 33 –
2 Daiseki Co Ltd 36 –
2 ESCRIT Inc 11 –
3 Daishi Hokuetsu Financial Group Inc 88 0.01
1 ESPEC Corp 16 –
2 Daito Pharmaceutical Co Ltd 35 –
1 Excel Co Ltd 11 –
1 Daito Trust Construction Co Ltd 109 0.01
3 Exedy Corp 57 –
1 Daitron Co Ltd 10 –
3 Ezaki Glico Co Ltd 108 0.01
21 Daiwa House Industry Co Ltd 514 0.04
2 F-Tech Inc 12 –
2 Daiwa Industries Ltd 17 –
3 F@N Communications Inc 14 –
52 Daiwa Securities Group Inc 224 0.02
1 Falco Holdings Co Ltd 8 –
2 Daiwabo Holdings Co Ltd 79 0.01
1 FamilyMart UNY Holdings Co Ltd 67 0.01
10 DCM Holdings Co Ltd 78 0.01
1 FANUC Corp 93 0.01
2 Dear Life Co Ltd 7 –
– Fast Retailing Co Ltd 191 0.01
7 DeNA Co Ltd 105 0.01
3 FCC Co Ltd 59 –
8 Denka Co Ltd 193 0.01
1 FDK Corp 11 –
1 Denki Kogyo Co Ltd 16 –
8 Feed One Co Ltd 12 –
1 Densan System Co Ltd 16 –
4 Ferrotec Holdings Corp 26 –
7 Denso Corp 253 0.02
1 FFRI Inc 17 –
5 Dentsu Inc 182 0.01
14 FIDEA Holdings Co Ltd 15 –
1 Denyo Co Ltd 13 –
1 Fields Corp 6 –
2 Descente Ltd 34 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 370
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Japan - 8.05% (continued) Japan - 8.05% (continued)
5 Financial Products Group Co Ltd 45 – 6 Futaba Industrial Co Ltd 25 –
1 FINDEX Inc 6 – 2 Future Corp 26 –
3 First Bank of Toyama Ltd 10 – 2 Fuyo General Lease Co Ltd 86 0.01
1 First Juken Co Ltd 8 – 1 G-7 Holdings Inc 18 –
2 Fixstars Corp 14 – 2 G-Tekt Corp 22 –
3 FJ Next Co Ltd 17 – 1 Gakken Holdings Co Ltd 18 –
3 Foster Electric Co Ltd 32 – 2 GCA Corp 9 –
2 FP Corp 115 0.01 1 Gecoss Corp 4 –
2 France Bed Holdings Co Ltd 10 – 1 Genki Sushi Co Ltd 28 –
2 Freebit Co Ltd 12 – 1 Genky DrugStores Co Ltd 36 –
1 Freund Corp 3 – 4 Geo Holdings Corp 52 –
2 FTGroup Co Ltd 23 – 1 Geostr Corp 5 –
2 Fudo Tetra Corp 29 – 1 Giken Ltd 29 –
2 Fuji Co Ltd 34 – 1 GL Sciences Inc 12 –
1 Fuji Corp 10 – 1 Globeride Inc 20 –
5 Fuji Corp (Miyagi) 53 – 5 Glory Ltd 91 0.01
2 Fuji Corp (Aichi) 12 – 2 GMO Financial Holdings Inc 9 –
7 Fuji Electric Co Ltd 183 0.01 4 GMO internet Inc 45 –
2 Fuji Kyuko Co Ltd 33 – 1 GMO Payment Gateway Inc 39 –
4 Fuji Media Holdings Inc 49 – 1 Godo Steel Ltd 15 –
5 Fuji Oil Co Ltd 12 – 3 Gokurakuyu Holdings Co Ltd 12 –
3 Fuji Oil Holdings Inc 83 0.01 1 Goldcrest Co Ltd 17 –
2 Fuji Pharma Co Ltd 27 – – Goldwin Inc 16 –
4 Fuji Seal International Inc 105 0.01 9 Gree Inc 30 –
1 Fuji Soft Inc 43 – 8 GS Yuasa Corp 138 0.01
1 Fujibo Holdings Inc 19 – 1 Gun-Ei Chemical Industry Co Ltd 17 –
1 Fujicco Co Ltd 17 – 17 GungHo Online Entertainment Inc 29 –
7 FUJIFILM Holdings Corp 228 0.02 27 Gunma Bank Ltd 101 0.01
2 Fujikura Kasei Co Ltd 11 – 1 Gunosy Inc 21 –
27 Fujikura Ltd 91 0.01 1 Gunze Ltd 40 –
2 Fujikura Rubber Ltd 7 – 4 Gurunavi Inc 24 –
1 Fujimi Inc 24 – 1 H-One Co Ltd 11 –
2 Fujimori Kogyo Co Ltd 34 – 7 H2O Retailing Corp 99 0.01
23 Fujisash Co Ltd 15 – 1 HABA Laboratories Inc 37 –
2 Fujishoji Co Ltd 11 – 27 Hachijuni Bank Ltd 98 0.01
1 Fujita Kanko Inc 13 – 2 Hagihara Industries Inc 21 –
3 Fujitec Co Ltd 30 – 1 Hagiwara Electric Holdings Co Ltd 18 –
1 Fujitsu Frontech Ltd 12 – 1 Hakudo Co Ltd 10 –
6 Fujitsu General Ltd 68 0.01 3 Hakuhodo DY Holdings Inc 38 –
11 Fujitsu Ltd 530 0.04 2 Hakuto Co Ltd 17 –
1 Fujiya Co Ltd 19 – 1 Halows Co Ltd 13 –
1 FuKoKu Co Ltd 8 – 2 Hamakyorex Co Ltd 64 –
– Fukuda Corp 15 – 1 Hamamatsu Photonics KK 19 –
1 Fukuda Denshi Co Ltd 23 – 8 Hankyu Hanshin Holdings Inc 200 0.02
3 Fukui Bank Ltd 35 – 3 Hanwa Co Ltd 78 0.01
– Fukui Computer Holdings Inc 5 – 2 Happinet Corp 21 –
5 Fukuoka Financial Group Inc 93 0.01 2 Harada Industry Co Ltd 12 –
2 Fukushima Bank Ltd 6 – 3 Harima Chemicals Group Inc 20 –
2 Fukushima Industries Corp 48 – 1 Harmonic Drive Systems Inc 26 –
3 Fukuyama Transporting Co Ltd 86 0.01 26 Haseko Corp 250 0.02
1 FULLCAST Holdings Co Ltd 18 – 18 Hazama Ando Corp 86 0.01
2 Funai Electric Co Ltd 9 – 5 Heiwa Corp 80 0.01
2 Funai Soken Holdings Inc 23 – 3 Heiwa Real Estate Co Ltd 43 –
2 Furukawa Battery Co Ltd 11 – 3 Heiwado Co Ltd 59 –
2 Furukawa Co Ltd 24 – 2 Helios Techno Holding Co Ltd 10 –
8 Furukawa Electric Co Ltd 179 0.01 1 HI-LEX Corp 22 –
2 Furuno Electric Co Ltd 21 – 2 Hibiya Engineering Ltd 23 –
1 Furusato Industries Ltd 11 – 1 Hiday Hidaka Corp 14 –
1 Furyu Corp 9 – 1 Hikari Tsushin Inc 75 0.01
3 Fuso Chemical Co Ltd 41 – 13 Hino Motors Ltd 102 0.01
1 Fuso Pharmaceutical Industries Ltd 10 – 1 Hinokiya Group Co Ltd 7 –
3 Futaba Corp 41 – 1 Hioki EE Corp 15 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 371
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Japan - 8.05% (continued) Japan - 8.05% (continued)
1 Hirakawa Hewtech Corp 8 – 1 Ihara Science Corp 10 –
4 Hiramatsu Inc 10 – 9 IHI Corp 227 0.02
1 Hirano Tecseed Co Ltd 13 – 6 Iida Group Holdings Co Ltd 85 0.01
1 Hirata Corp 38 – 7 Iino Kaiun Kaisha Ltd 21 –
2 Hirose Electric Co Ltd 142 0.01 1 IJT Technology Holdings Co Ltd 6 –
24 Hiroshima Bank Ltd 113 0.01 2 Imagica Group Inc 10 –
4 Hiroshima Gas Co Ltd 9 – 2 Imasen Electric Industrial 13 –
3 HIS Co Ltd 82 0.01 1 Imuraya Group Co Ltd 13 –
2 Hisaka Works Ltd 11 – 1 Inaba Denki Sangyo Co Ltd 46 –
1 Hisamitsu Pharmaceutical Co Inc 30 – 1 Inaba Seisakusho Co Ltd 10 –
6 Hitachi Capital Corp 116 0.01 4 Inabata & Co Ltd 47 –
8 Hitachi Chemical Co Ltd 103 0.01 1 Inageya Co Ltd 15 –
4 Hitachi Construction Machinery Co Ltd 96 0.01 2 Infocom Corp 59 –
3 Hitachi High-Technologies Corp 84 0.01 4 Infomart Corp 43 –
39 Hitachi Ltd 886 0.07 1 Information Development Co Ltd 10 –
11 Hitachi Metals Ltd 96 0.01 1 Information Services International-Dentsu Ltd 29 –
4 Hitachi Transport System Ltd 85 0.01 2 Innotech Corp 18 –
16 Hitachi Zosen Corp 43 – 21 Inpex Corp 178 0.01
1 Hito Communications Inc 9 – 3 Intage Holdings Inc 19 –
2 Hochiki Corp 14 – 3 Internet Initiative Japan Inc 62 –
1 Hodogaya Chemical Co Ltd 13 – 3 Inui Global Logistics Co Ltd 18 –
1 Hogy Medical Co Ltd 33 – 2 Iriso Electronics Co Ltd 69 0.01
10 Hokkaido Electric Power Co Inc 53 – 2 Iseki & Co Ltd 19 –
2 Hokkaido Gas Co Ltd 19 – 19 Isetan Mitsukoshi Holdings Ltd 173 0.01
1 Hokkan Holdings Ltd 10 – 1 Ishihara Chemical Co Ltd 12 –
2 Hokko Chemical Industry Co Ltd 7 – 3 Ishihara Sangyo Kaisha Ltd 24 –
2 Hokkoku Bank Ltd 62 – 2 Isolite Insulating Products Co Ltd 7 –
11 Hokuetsu Corp 43 – 3 Istyle Inc 23 –
2 Hokuetsu Industries Co Ltd 14 – 17 Isuzu Motors Ltd 185 0.01
11 Hokuhoku Financial Group Inc 116 0.01 3 Itfor Inc 15 –
1 Hokuriku Electric Industry Co Ltd 7 – 3 Ito En Ltd 98 0.01
9 Hokuriku Electric Power Co 62 – 13 ITOCHU Corp 185 0.01
1 Hokuriku Electrical Construction Co Ltd 9 – 7 Itochu Enex Co Ltd 48 –
2 Hokuto Corp 22 – 4 Itochu Techno-Solutions Corp 55 –
57 Honda Motor Co Ltd 1,266 0.10 – Itochu-Shokuhin Co Ltd 15 –
2 Honeys Holdings Co Ltd 14 – 9 Itoham Yonekyu Holdings Inc 45 –
9 Hoosiers Holdings 41 – 2 Itoki Corp 10 –
4 Horiba Ltd 137 0.01 1 Itokuro Inc 19 –
1 Hoshizaki Corp 61 – 2 IwaiCosmo Holdings Inc 22 –
4 Hosiden Corp 24 – 4 Iwaki & Co Ltd 15 –
1 Hosokawa Micron Corp 29 – 1 Iwasaki Electric Co Ltd 8 –
2 Hotland Co Ltd 16 – 4 Iwatani Corp 112 0.01
3 House Foods Group Inc 89 0.01 – Iwatsuka Confectionery Co Ltd 6 –
1 Howa Machinery Ltd 8 – 21 Iyo Bank Ltd 102 0.01
4 Hoya Corp 173 0.01 2 Izumi Co Ltd 107 0.01
4 Hulic Co Ltd 28 – 15 J Front Retailing Co Ltd 163 0.01
20 Hyakugo Bank Ltd 61 – 5 J Trust Co Ltd 20 –
2 Hyakujushi Bank Ltd 38 – 1 J-Oil Mills Inc 22 –
3 I K K Inc 16 – 2 JAC Recruitment Co Ltd 24 –
1 I-Net Corp 13 – 2 Jaccs Co Ltd 31 –
9 Ibiden Co Ltd 101 0.01 3 Jafco Co Ltd 98 0.01
3 IBJ Leasing Co Ltd 54 – 1 Jalux Inc 14 –
1 Ichibanya Co Ltd 26 – 1 Jamco Corp 16 –
27 Ichigo Inc 72 0.01 2 Janome Sewing Machine Co Ltd 9 –
1 Ichiken Co Ltd 9 – 5 Japan Airlines Co Ltd 142 0.01
5 Ichikoh Industries Ltd 26 – 1 Japan Airport Terminal Co Ltd 37 –
2 Ichinen Holdings Co Ltd 23 – 2 Japan Asia Group Ltd 6 –
5 Ichiyoshi Securities Co Ltd 30 – 11 Japan Asset Marketing Co Ltd 9 –
2 Icom Inc 24 – 6 Japan Aviation Electronics Industry Ltd 57 –
2 Idec Corp 38 – 1 Japan Cash Machine Co Ltd 7 –
10 Idemitsu Kosan Co Ltd 275 0.02 61 Japan Display Inc 30 –
6 IDOM Inc 22 – 10 Japan Exchange Group Inc 136 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 372
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Japan - 8.05% (continued) Japan - 8.05% (continued)
1 Japan Investment Adviser Co Ltd 15 – 1 Kansai Super Market Ltd 9 –
3 Japan Lifeline Co Ltd 42 – 6 Kanto Denka Kogyo Co Ltd 39 –
4 Japan Material Co Ltd 33 – 4 Kao Corp 227 0.02
1 Japan Meat Co Ltd 18 – 3 Kasai Kogyo Co Ltd 21 –
4 Japan Medical Dynamic Marketing Inc 35 – 2 Katakura Industries Co Ltd 15 –
2 Japan Petroleum Exploration Co Ltd 29 – 2 Kato Sangyo Co Ltd 44 –
30 Japan Post Holdings Co Ltd 283 0.02 – Kato Works Co Ltd 8 –
1 Japan Property Management Center Co Ltd 7 – 1 Kawada Technologies Inc 30 –
1 Japan Pulp & Paper Co Ltd 37 – 1 Kawai Musical Instruments Manufacturing Co Ltd 36 –
10 Japan Securities Finance Co Ltd 47 – 7 Kawasaki Heavy Industries Ltd 121 0.01
7 Japan Steel Works Ltd 106 0.01 8 Kawasaki Kisen Kaisha Ltd 94 0.01
14 Japan Tobacco Inc 278 0.02 2 Kawasumi Laboratories Inc 7 –
3 Japan Transcity Corp 10 – 41 KDDI Corp 754 0.06
4 Japan Wool Textile Co Ltd 25 – 5 Keihan Holdings Co Ltd 177 0.01
2 JBCC Holdings Inc 20 – 3 Keihanshin Building Co Ltd 17 –
– JCR Pharmaceuticals Co Ltd 16 – 4 Keihin Corp 52 –
2 JCU Corp 31 – 4 Keikyu Corp 47 –
2 Jeol Ltd 21 – 2 Keio Corp 66 0.01
17 JFE Holdings Inc 229 0.02 2 Keisei Electric Railway Co Ltd 51 –
4 JFLA Holdings Inc 11 – 10 Keiyo Bank Ltd 53 –
6 JGC Corp 65 – 3 Keiyo Co Ltd 12 –
– JIG-SAW Inc 9 – 15 Kenedix Inc 56 –
16 Jimoto Holdings Inc 16 – 2 Kenko Mayonnaise Co Ltd 24 –
1 JINS Inc 39 – 8 Kewpie Corp 157 0.01
1 JK Holdings Co Ltd 6 – 1 Key Coffee Inc 15 –
2 JMS Co Ltd 9 – 1 Keyence Corp 342 0.03
1 Joban Kosan Co Ltd 15 – 1 KFC Ltd 10 –
2 Joshin Denki Co Ltd 30 – 2 KH Neochem Co Ltd 36 –
7 JP-Holdings Inc 15 – 3 KI Holdings Co Ltd 7 –
1 JSP Corp 17 – 1 Ki-Star Real Estate Co Ltd 12 –
6 JSR Corp 71 0.01 1 Kikkoman Corp 46 –
11 JTEKT Corp 114 0.01 8 Kinden Corp 105 0.01
3 Juki Corp 35 – 1 Kinki Sharyo Co Ltd 13 –
3 Juroku Bank Ltd 56 – – Kintetsu Department Store Co Ltd 10 –
2 Justsystems Corp 30 – 3 Kintetsu Group Holdings Co Ltd 86 0.01
19 JVC Kenwood Corp 38 – 4 Kintetsu World Express Inc 46 –
125 JXTG Holdings Inc 597 0.05 13 Kirin Holdings Co Ltd 240 0.02
1 K&O Energy Group Inc 12 – 3 Kissei Pharmaceutical Co Ltd 61 –
15 K's Holdings Corp 126 0.01 – Kita-Nippon Bank Ltd 7 –
15 kabu.com Securities Co Ltd 45 – 1 Kitagawa Corp 20 –
5 Kadokawa Dwango 48 – 1 Kitano Construction Corp 25 –
– Kadoya Sesame Mills Inc 16 – 2 Kitanotatsujin Corp 9 –
2 Kaga Electronics Co Ltd 27 – 2 Kito Corp 29 –
1 Kagome Co Ltd 23 – 5 Kitz Corp 36 –
21 Kajima Corp 223 0.02 6 Kiyo Bank Ltd 73 0.01
5 Kakaku.com Inc 78 0.01 4 KLab Inc 34 –
3 Kaken Pharmaceutical Co Ltd 105 0.01 2 KNT-CT Holdings Co Ltd 13 –
1 Kakiyasu Honten Co Ltd 12 – 2 Koa Corp 17 –
1 Kameda Seika Co Ltd 37 – 2 Koatsu Gas Kogyo Co Ltd 12 –
2 Kamei Corp 21 – 1 Kobayashi Pharmaceutical Co Ltd 33 –
7 Kamigumi Co Ltd 125 0.01 2 Kobe Bussan Co Ltd 43 –
1 Kanaden Corp 13 – – Kobe Electric Railway Co Ltd 11 –
1 Kanagawa Chuo Kotsu Co Ltd 16 – 36 Kobe Steel Ltd 230 0.02
3 Kanamoto Co Ltd 69 0.01 1 Koei Tecmo Holdings Co Ltd 17 –
7 Kandenko Co Ltd 60 – 2 Kohnan Shoji Co Ltd 41 –
3 Kaneka Corp 100 0.01 1 Kohsoku Corp 11 –
1 Kaneko Seeds Co Ltd 11 – 2 Koito Manufacturing Co Ltd 87 0.01
8 Kanematsu Corp 77 0.01 4 Kojima Co Ltd 14 –
1 Kanematsu Electronics Ltd 25 – – Kokusai Co Ltd 1 –
9 Kansai Electric Power Co Inc 111 0.01 6 Kokuyo Co Ltd 68 0.01
5 Kansai Mirai Financial Group Inc 33 – 12 Komatsu Ltd 245 0.02
4 Kansai Paint Co Ltd 52 – 2 Komatsu Matere Co Ltd 11 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 373
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Japan - 8.05% (continued) Japan - 8.05% (continued)
1 Komatsu Wall Industry Co Ltd 10 – 1 LIXIL VIVA Corp 9 –
2 Komeda Holdings Co Ltd 36 – 1 M&A Capital Partners Co Ltd 18 –
1 Komehyo Co Ltd 7 – 7 M3 Inc 94 0.01
3 Komeri Co Ltd 55 – 3 Mabuchi Motor Co Ltd 82 0.01
5 Komori Corp 46 – 4 Macnica Fuji Electronics Holdings Inc 46 –
3 Konaka Co Ltd 10 – 1 Macromill Inc 17 –
3 Konami Holdings Corp 102 0.01 8 Maeda Corp 68 0.01
34 Konica Minolta Inc 241 0.02 2 Maeda Kosen Co Ltd 27 –
3 Konishi Co Ltd 36 – 5 Maeda Road Construction Co Ltd 80 0.01
2 Konoike Transport Co Ltd 25 – 2 Maezawa Kasei Industries Co Ltd 17 –
1 Konoshima Chemical Co Ltd 4 – 1 Maezawa Kyuso Industries Co Ltd 12 –
1 Kose Corp 70 0.01 2 Makino Milling Machine Co Ltd 67 0.01
5 Koshidaka Holdings Co Ltd 51 – 3 Makita Corp 92 0.01
2 Kotobuki Spirits Co Ltd 57 – 1 Mamezou Holdings Co Ltd 10 –
1 Kourakuen Holdings Corp 12 – 1 Mani Inc 37 –
1 Krosaki Harima Corp 28 – 1 Mars Group Holdings Corp 16 –
1 KRS Corp 17 – 40 Marubeni Corp 234 0.02
2 KU Holdings Co Ltd 10 – 2 Marubun Corp 12 –
8 Kubota Corp 103 0.01 2 Marudai Food Co Ltd 25 –
4 Kumagai Gumi Co Ltd 107 0.01 5 Maruha Nichiro Corp 137 0.01
9 Kumiai Chemical Industry Co Ltd 44 – 8 Marui Group Co Ltd 129 0.01
1 Kura Corp 40 – 3 Maruichi Steel Tube Ltd 63 –
1 Kurabo Industries Ltd 24 – 1 Maruka Machinery Co Ltd 12 –
18 Kuraray Co Ltd 219 0.02 4 Marusan Securities Co Ltd 26 –
2 Kureha Corp 83 0.01 1 Maruwa Co Ltd 45 –
1 Kurimoto Ltd 7 – 2 Maruwa Unyu Kikan Co Ltd 42 –
6 Kurita Water Industries Ltd 135 0.01 1 Maruzen Co Ltd 16 –
1 Kusuri no Aoki Holdings Co Ltd 64 – 1 Maruzen Showa Unyu Co Ltd 13 –
2 KYB Corp 33 – 2 Marvelous Inc 13 –
4 Kyocera Corp 191 0.01 1 Matsuda Sangyo Co Ltd 9 –
– Kyodo Printing Co Ltd 7 – 2 Matsui Construction Co Ltd 11 –
3 Kyoei Steel Ltd 39 – 4 Matsui Securities Co Ltd 36 –
1 Kyokuto Boeki Kaisha Ltd 10 – 2 Matsumotokiyoshi Holdings Co Ltd 61 –
3 Kyokuto Kaihatsu Kogyo Co Ltd 33 – 1 Matsuyafoods Holdings Co Ltd 24 –
2 Kyokuto Securities Co Ltd 15 – 2 Max Co Ltd 21 –
1 Kyokuyo Co Ltd 25 – 4 Maxell Holdings Ltd 47 –
4 KYORIN Holdings Inc 66 0.01 1 Maxvalu Nishinihon Co Ltd 12 –
3 Kyoritsu Maintenance Co Ltd 103 0.01 1 Maxvalu Tokai Co Ltd 16 –
5 Kyoritsu Printing Co Ltd 9 – 31 Mazda Motor Corp 262 0.02
4 Kyosan Electric Manufacturing Co Ltd 14 – 1 McDonald's Holdings Co Japan Ltd 42 –
5 Kyowa Exeo Corp 106 0.01 9 MCJ Co Ltd 48 –
2 Kyowa Hakko Kirin Co Ltd 31 – 27 Mebuki Financial Group Inc 63 –
2 Kyowa Leather Cloth Co Ltd 14 – 2 MEC Co Ltd 14 –
3 Kyudenko Corp 92 0.01 1 Medical Data Vision Co Ltd 9 –
6 Kyushu Electric Power Co Inc 54 – 3 Medical System Network Co Ltd 10 –
20 Kyushu Financial Group Inc 74 0.01 4 Medipal Holdings Corp 72 0.01
2 Kyushu Railway Co 52 – 3 Megachips Corp 50 –
2 LAC Co Ltd 19 – 5 Megmilk Snow Brand Co Ltd 107 0.01
– Lacto Japan Co Ltd 22 – 4 Meidensha Corp 42 –
1 Laox Co Ltd 2 – 3 MEIJI Holdings Co Ltd 192 0.01
3 Lasertec Corp 77 0.01 3 Meiko Electronics Co Ltd 37 –
2 Lawson Inc 82 0.01 2 Meiko Network Japan Co Ltd 12 –
3 LEC Inc 37 – 4 Meisei Industrial Co Ltd 20 –
23 Leopalace21 Corp 78 0.01 2 Meitec Corp 57 –
1 Life Corp 26 – 1 Meito Sangyo Co Ltd 12 –
5 Lifull Co Ltd 29 – 4 Meiwa Corp 13 –
1 Like Co Ltd 15 – 2 Menicon Co Ltd 41 –
1 Linical Co Ltd 11 – 1 METAWATER Co Ltd 31 –
4 Link And Motivation Inc 27 – 1 Michinoku Bank Ltd 14 –
3 Lintec Corp 46 – 3 Micronics Japan Co Ltd 18 –
6 Lion Corp 93 0.01 8 Mie Kotsu Group Holdings Inc 33 –
12 LIXIL Group Corp 127 0.01 4 Mikuni Corp 16 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 374
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Japan - 8.05% (continued) Japan - 8.05% (continued)
1 Milbon Co Ltd 41 – 3 Morita Holdings Corp 39 –
3 Mimaki Engineering Co Ltd 19 – 2 Morito Co Ltd 14 –
2 Mimasu Semiconductor Industry Co Ltd 25 – – Morozoff Ltd 8 –
19 Minebea Mitsumi Inc 245 0.02 1 Mory Industries Inc 11 –
1 Ministop Co Ltd 16 – 3 MrMax Holdings Ltd 12 –
6 Miraca Holdings Inc 113 0.01 9 MS&AD Insurance Group Holdings Inc 223 0.02
7 Mirait Holdings Corp 86 0.01 5 MTI Ltd 21 –
2 Miroku Jyoho Service Co Ltd 37 – 2 Mugen Estate Co Ltd 10 –
3 Misawa Homes Co Ltd 17 – 1 Murakami Corp 11 –
6 MISUMI Group Inc 100 0.01 2 Murata Manufacturing Co Ltd 283 0.02
1 Mitani Corp 30 – 6 Musashi Seimitsu Industry Co Ltd 75 0.01
3 Mitani Sangyo Co Ltd 7 – 3 Musashino Bank Ltd 57 –
1 Mitani Sekisan Co Ltd 14 – 1 Mynet Inc 12 –
6 Mito Securities Co Ltd 13 – 7 Nabtesco Corp 159 0.01
3 Mitsuba Corp 17 – 2 NAC Co Ltd 14 –
82 Mitsubishi Chemical Holdings Corp 530 0.04 2 Nachi-Fujikoshi Corp 51 –
26 Mitsubishi Corp 545 0.04 1 Nafco Co Ltd 9 –
40 Mitsubishi Electric Corp 417 0.03 1 Nagano Bank Ltd 8 –
18 Mitsubishi Estate Co Ltd 223 0.02 1 Nagano Keiki Co Ltd 9 –
12 Mitsubishi Gas Chemical Co Inc 149 0.01 10 Nagase & Co Ltd 112 0.01
8 Mitsubishi Heavy Industries Ltd 228 0.02 1 Nagatanien Holdings Co Ltd 19 –
1 Mitsubishi Kakoki Kaisha Ltd 6 – – Nagawa Co Ltd 13 –
3 Mitsubishi Logisnext Co Ltd 24 – 5 Nagoya Railroad Co Ltd 108 0.01
5 Mitsubishi Logistics Corp 95 0.01 1 Naigai Trans Line Ltd 8 –
8 Mitsubishi Materials Corp 176 0.01 2 Nakabayashi Co Ltd 9 –
18 Mitsubishi Motors Corp 88 0.01 – Nakamuraya Co Ltd 12 –
3 Mitsubishi Paper Mills Ltd 13 – 3 Nakanishi Inc 40 –
2 Mitsubishi Pencil Co Ltd 27 – 2 Nakano Corp 10 –
1 Mitsubishi Research Institute Inc 13 – 2 Nakayama Steel Works Ltd 10 –
1 Mitsubishi Shokuhin Co Ltd 19 – 6 Namura Shipbuilding Co Ltd 21 –
1 Mitsubishi Steel Manufacturing Co Ltd 11 – 4 Nankai Electric Railway Co Ltd 90 0.01
6 Mitsubishi Tanabe Pharma Corp 74 0.01 3 Nanto Bank Ltd 50 –
236 Mitsubishi UFJ Financial Group Inc 1,012 0.08 1 Natori Co Ltd 10 –
33 Mitsubishi UFJ Lease & Finance Co Ltd 142 0.01 1 NEC Capital Solutions Ltd 11 –
1 Mitsuboshi Belting Ltd 17 – 11 NEC Corp 276 0.02
30 Mitsui & Co Ltd 367 0.03 2 NEC Networks & System Integration Corp 28 –
12 Mitsui Chemicals Inc 240 0.02 5 NET One Systems Co Ltd 73 0.01
6 Mitsui E&S Holdings Co Ltd 54 – 4 Neturen Co Ltd 25 –
8 Mitsui Fudosan Co Ltd 150 0.01 4 Nexon Co Ltd 39 –
3 Mitsui High-Tec Inc 30 – 1 Nextage Co Ltd 6 –
2 Mitsui Matsushima Holdings Co Ltd 20 – 13 NGK Insulators Ltd 150 0.01
7 Mitsui Mining & Smelting Co Ltd 122 0.01 8 NGK Spark Plug Co Ltd 134 0.01
8 Mitsui OSK Lines Ltd 157 0.01 4 NH Foods Ltd 121 0.01
1 Mitsui Sugar Co Ltd 25 – 21 NHK Spring Co Ltd 150 0.01
2 Mitsui-Soko Holdings Co Ltd 25 – 6 Nichi-iko Pharmaceutical Co Ltd 66 0.01
1 Mitsuuroko Group Holdings Co Ltd 7 – 6 Nichias Corp 92 0.01
1 Miura Co Ltd 25 – 2 Nichiban Co Ltd 24 –
6 Mixi Inc 106 0.01 4 Nichicon Corp 26 –
1 Miyaji Engineering Group Inc 12 – 1 Nichiden Corp 15 –
1 Miyazaki Bank Ltd 27 – 3 Nichiha Corp 69 0.01
482 Mizuho Financial Group Inc 628 0.05 5 NichiiGakkan Co Ltd 38 –
2 Mizuno Corp 29 – 8 Nichirei Corp 185 0.01
1 Mochida Pharmaceutical Co Ltd 57 – 2 Nichireki Co Ltd 16 –
1 Modec Inc 23 – 2 Nichirin Co Ltd 27 –
20 Monex Group Inc 57 – 2 Nidec Corp 190 0.01
6 Money Partners Group Co Ltd 14 – 7 Nifco Inc 138 0.01
– Monogatari Corp 23 – 1 Nihon Chouzai Co Ltd 15 –
5 MonotaRO Co Ltd 102 0.01 2 Nihon Dempa Kogyo Co Ltd 6 –
1 MORESCO Corp 14 – 1 Nihon Eslead Corp 11 –
4 Mori-Gumi Co Ltd 12 – 1 Nihon Flush Co Ltd 7 –
2 Morinaga & Co Ltd 83 0.01 4 Nihon House Holdings Co Ltd 15 –
4 Morinaga Milk Industry Co Ltd 88 0.01 2 Nihon Kagaku Sangyo Co Ltd 17 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 375
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Japan - 8.05% (continued) Japan - 8.05% (continued)
4 Nihon M&A Center Inc 74 0.01 1 Nishikawa Rubber Co Ltd 10 –
2 Nihon Nohyaku Co Ltd 7 – 4 Nishimatsu Construction Co Ltd 73 0.01
5 Nihon Parkerizing Co Ltd 49 – 3 Nishimatsuya Chain Co Ltd 23 –
1 Nihon Plast Co Ltd 8 – 2 Nishio Rent All Co Ltd 55 –
2 Nihon Tokushu Toryo Co Ltd 18 – 3 Nissan Chemical Corp 115 0.01
6 Nihon Unisys Ltd 125 0.01 86 Nissan Motor Co Ltd 592 0.05
1 Nihon Yamamura Glass Co Ltd 17 – 7 Nissan Shatai Co Ltd 45 –
4 Nikkiso Co Ltd 32 – 4 Nissan Tokyo Sales Holdings Co Ltd 10 –
1 Nikko Co Ltd 17 – 1 Nissei ASB Machine Co Ltd 31 –
5 Nikkon Holdings Co Ltd 93 0.01 1 Nissei Plastic Industrial Co Ltd 8 –
11 Nikon Corp 130 0.01 1 Nissha Co Ltd 14 –
– Nintendo Co Ltd 102 0.01 2 Nisshin Fudosan Co 8 –
4 Nippo Corp 54 – 3 Nisshin Oillio Group Ltd 61 –
2 Nippon Air Conditioning Services Co Ltd 9 – 2 Nisshin Seifun Group Inc 25 –
1 Nippon Beet Sugar Manufacturing Co Ltd 16 – 5 Nisshin Steel Co Ltd 50 –
1 Nippon Carbide Industries Co Inc 7 – 11 Nisshinbo Holdings Inc 78 0.01
1 Nippon Carbon Co Ltd 34 – 1 Nissin Corp 19 –
1 Nippon Chemi-Con Corp 23 – 5 Nissin Electric Co Ltd 32 –
1 Nippon Chemical Industrial Co Ltd 11 – 1 Nissin Foods Holdings Co Ltd 36 –
– Nippon Chemiphar Co Ltd 11 – 4 Nissin Kogyo Co Ltd 41 –
22 Nippon Coke & Engineering Co Ltd 16 – 2 Nissin Sugar Co Ltd 25 –
1 Nippon Commercial Development Co Ltd 13 – 1 Nissui Pharmaceutical Co Ltd 10 –
1 Nippon Concept Corp 10 – 1 Nitori Holdings Co Ltd 74 0.01
5 Nippon Concrete Industries Co Ltd 10 – 1 Nitta Corp 24 –
11 Nippon Denko Co Ltd 20 – 3 Nitta Gelatin Inc 16 –
4 Nippon Densetsu Kogyo Co Ltd 65 – – Nittetsu Mining Co Ltd 15 –
5 Nippon Electric Glass Co Ltd 105 0.01 2 Nitto Boseki Co Ltd 36 –
4 Nippon Express Co Ltd 187 0.01 6 Nitto Denko Corp 246 0.02
2 Nippon Fine Chemical Co Ltd 18 – 3 Nitto FC Co Ltd 14 –
5 Nippon Flour Mills Co Ltd 60 – 3 Nitto Kogyo Corp 39 –
5 Nippon Gas Co Ltd 146 0.01 1 Nitto Kohki Co Ltd 10 –
3 Nippon Hume Corp 17 – 3 Nitto Seiko Co Ltd 13 –
10 Nippon Kayaku Co Ltd 104 0.01 1 Nittoku Engineering Co Ltd 12 –
1 Nippon Kinzoku Co Ltd 10 – 1 NJS Co Ltd 13 –
1 Nippon Kodoshi Corp 10 – 2 Noda Corp 11 –
1 Nippon Koei Co Ltd 23 – 1 Noevir Holdings Co Ltd 51 –
67 Nippon Light Metal Holdings Co Ltd 118 0.01 3 NOF Corp 78 0.01
2 Nippon Paint Holdings Co Ltd 67 0.01 2 Nohmi Bosai Ltd 27 –
8 Nippon Paper Industries Co Ltd 123 0.01 3 Nojima Corp 60 –
10 Nippon Parking Development Co Ltd 11 – 8 NOK Corp 89 0.01
2 Nippon Pillar Packing Co Ltd 18 – 2 Nomura Co Ltd 40 –
2 Nippon Piston Ring Co Ltd 22 – 73 Nomura Holdings Inc 259 0.02
1 Nippon Road Co Ltd 21 – 9 Nomura Real Estate Holdings Inc 143 0.01
4 Nippon Seiki Co Ltd 55 – 2 Nomura Research Institute Ltd 52 –
– Nippon Seisen Co Ltd 10 – 1 Noritake Co Ltd 31 –
1 Nippon Sharyo Ltd 13 – 3 Noritsu Koki Co Ltd 34 –
8 Nippon Sheet Glass Co Ltd 51 – 2 Noritz Corp 26 –
1 Nippon Shinyaku Co Ltd 43 – 28 North Pacific Bank Ltd 64 –
2 Nippon Shokubai Co Ltd 94 0.01 1 Nozawa Corp 7 –
6 Nippon Signal Company Ltd 41 – 2 NS Solutions Corp 52 –
2 Nippon Soda Co Ltd 45 – 1 NS Tool Co Ltd 15 –
2 Nippon Steel & Sumikin Bussan Corp 57 – 1 NS United Kaiun Kaisha Ltd 23 –
17 Nippon Steel & Sumitomo Metal Corp 244 0.02 2 NSD Co Ltd 25 –
33 Nippon Suisan Kaisha Ltd 158 0.01 22 NSK Ltd 159 0.01
1 Nippon Systemware Co Ltd 12 – 52 NTN Corp 139 0.01
5 Nippon Telegraph & Telephone Corp 162 0.01 10 NTT Data Corp 89 0.01
4 Nippon Thompson Co Ltd 17 – 18 NTT DOCOMO Inc 331 0.03
11 Nippon Yakin Kogyo Co Ltd 21 – 6 NTT Urban Development Corp 64 –
12 Nippon Yusen KK 157 0.01 – NuFlare Technology Inc 17 –
14 Nipro Corp 149 0.01 10 OAK Capital Corp 11 –
13 Nishi-Nippon Financial Holdings Inc 111 0.01 1 OAT Agrio Co Ltd 9 –
4 Nishi-Nippon Railroad Co Ltd 78 0.01 1 Obara Group Inc 44 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 376
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Japan - 8.05% (continued) Japan - 8.05% (continued)
31 Obayashi Corp 245 0.02 3 Paris Miki Holdings Inc 11 –
1 Obic Co Ltd 41 – 4 Park24 Co Ltd 93 0.01
4 Odakyu Electric Railway Co Ltd 68 0.01 1 Pasco Corp 9 –
1 Odelic Co Ltd 14 – 2 Pasona Group Inc 21 –
6 Oenon Holdings Inc 16 – 3 PC Depot Corp 12 –
4 Ogaki Kyoritsu Bank Ltd 66 0.01 2 Pegasus Sewing Machine Manufacturing Co Ltd 10 –
1 Ohashi Technica Inc 14 – 35 Penta-Ocean Construction Co Ltd 175 0.01
1 Ohsho Food Service Corp 55 – 1 Pepper Food Service Co Ltd 17 –
1 Oiles Corp 18 – 1 PeptiDream Inc 19 –
1 Oita Bank Ltd 21 – 4 Persol Holdings Co Ltd 63 –
50 Oji Holdings Corp 229 0.02 1 PIA Corp 18 –
3 Okabe Co Ltd 21 – 3 Pigeon Corp 81 0.01
1 Okada Aiyon Corp 11 – 2 Pilot Corp 69 0.01
1 Okamoto Industries Inc 33 – 2 Piolax Inc 35 –
1 Okamoto Machine Tool Works Ltd 12 – 26 Pioneer Corp 17 –
4 Okamura Corp 44 – 2 Plenus Co Ltd 22 –
16 Okasan Securities Group Inc 62 – 2 Pola Orbis Holdings Inc 35 –
7 Oki Electric Industry Co Ltd 75 0.01 3 Poletowin Pitcrew Holdings Inc 45 –
1 Okinawa Cellular Telephone Co 31 – 9 Press Kogyo Co Ltd 38 –
3 Okinawa Electric Power Co Inc 51 – 4 Pressance Corp 37 –
2 OKUMA Corp 71 0.01 5 Prestige International Inc 50 –
3 Okumura Corp 76 0.01 4 Prima Meat Packers Ltd 60 –
1 Okura Industrial Co Ltd 15 – 2 Pronexus Inc 17 –
2 Okuwa Co Ltd 17 – 35 Prospect Co Ltd 5 –
2 Olympus Corp 49 – 1 Proto Corp 6 –
2 Omikenshi Co Ltd 9 – 3 PS Mitsubishi Construction Co Ltd 14 –
5 Omron Corp 189 0.01 1 Punch Industry Co Ltd 6 –
1 Ono Pharmaceutical Co Ltd 10 – 2 Qol Holdings Co Ltd 30 –
1 Onoken Co Ltd 12 – 2 Quick Co Ltd 17 –
9 Onward Holdings Co Ltd 42 – 6 Raito Kogyo Co Ltd 65 –
1 Open Door Inc 18 – 45 Rakuten Inc 288 0.02
3 Open House Co Ltd 90 0.01 1 Rasa Industries Ltd 7 –
2 Optex Group Co Ltd 32 – 3 Raysum Co Ltd 22 –
1 Oracle Corp Japan 41 – 11 Recruit Holdings Co Ltd 227 0.02
1 Organo Corp 11 – 3 Relia Inc 23 –
41 Orient Corp 50 – 5 Relo Group Inc 108 0.01
2 Oriental Land Co Ltd 125 0.01 1 Renaissance Inc 20 –
1 Origin Electric Co Ltd 11 – 28 Renesas Electronics Corp 102 0.01
47 ORIX Corp 605 0.05 20 Rengo Co Ltd 132 0.01
5 Osaka Gas Co Ltd 78 0.01 2 RENOVA Inc 19 –
2 Osaka Organic Chemical Industry Ltd 20 – 54 Resona Holdings Inc 226 0.02
1 Osaka Soda Co Ltd 22 – 8 Resorttrust Inc 109 0.01
1 Osaka Steel Co Ltd 11 – 1 Retail Partners Co Ltd 7 –
2 OSAKA Titanium Technologies Co Ltd 25 – 2 Rheon Automatic Machinery Co Ltd 30 –
3 Osaki Electric Co Ltd 17 – 1 Rhythm Watch Co Ltd 18 –
8 OSG Corp 128 0.01 26 Ricoh Co Ltd 200 0.02
9 OSJB Holdings Corp 22 – 1 Ricoh Leasing Co Ltd 31 –
2 Otsuka Corp 53 – 1 Ride On Express Holdings Co Ltd 10 –
1 Otsuka Holdings Co Ltd 46 – 1 Right On Co Ltd 9 –
2 Otsuka Kagu Ltd 3 – 1 Riken Corp 43 –
1 OUG Holdings Inc 15 – 1 Riken Keiki Co Ltd 21 –
5 Outsourcing Inc 49 – 3 Riken Technos Corp 11 –
2 Oyo Corp 18 – 1 Riken Vitamin Co Ltd 21 –
3 Pacific Industrial Co Ltd 39 – 1 Ringer Hut Co Ltd 15 –
1 Pacific Metals Co Ltd 25 – 2 Rinnai Corp 90 0.01
1 Pack Corp 18 – 1 Rion Co Ltd 8 –
2 PAL GROUP Holdings Co Ltd 32 – 2 Riso Kagaku Corp 31 –
2 Paltac Corporation 88 0.01 5 Riso Kyoiku Co Ltd 13 –
46 Panasonic Corp 376 0.03 2 Rock Field Co Ltd 21 –
1 Paraca Inc 11 – 3 Rohm Co Ltd 151 0.01
1 Paramount Bed Holdings Co Ltd 43 – 3 Rohto Pharmaceutical Co Ltd 67 0.01
2 Parco Co Ltd 19 – 2 Rokko Butter Co Ltd 30 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 377
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Japan - 8.05% (continued) Japan - 8.05% (continued)
1 Roland DG Corp 24 – 3 SCSK Corp 94 0.01
1 Rorze Corp 13 – 3 Secom Co Ltd 168 0.01
9 Round One Corp 75 0.01 1 Secom Joshinetsu Co Ltd 12 –
3 Royal Holdings Co Ltd 49 – 2 Seed Co Ltd 23 –
– RS Technologies Co Ltd 14 – 11 Sega Sammy Holdings Inc 123 0.01
2 RVH Inc 3 – 1 Seibu Electric & Machinery Co Ltd 8 –
3 Ryobi Ltd 54 – 9 Seibu Holdings Inc 128 0.01
2 Ryoden Corp 17 – 2 Seika Corp 18 –
– Ryohin Keikaku Co Ltd 85 0.01 1 Seikagaku Corp 8 –
2 Ryosan Co Ltd 37 – 4 Seikitokyu Kogyo Co Ltd 18 –
2 Ryoyo Electro Corp 26 – 14 Seiko Epson Corp 172 0.01
1 S Foods Inc 44 – 3 Seiko Holdings Corp 49 –
1 S&B Foods Inc 26 – 10 Seino Holdings Co Ltd 114 0.01
1 Sac's Bar Holdings Inc 10 – 3 Seiren Co Ltd 45 –
2 Saibu Gas Co Ltd 36 – 20 Sekisui Chemical Co Ltd 259 0.02
3 Saizeriya Co Ltd 48 – 10 Sekisui House Ltd 123 0.01
1 Sakai Chemical Industry Co Ltd 15 – 2 Sekisui Jushi Corp 36 –
1 Sakai Heavy Industries Ltd 11 – 3 Sekisui Plastics Co Ltd 19 –
1 Sakai Moving Service Co Ltd 40 – 12 Senko Group Holdings Co Ltd 72 0.01
– Sakai Ovex Co Ltd 7 – 1 Senshu Electric Co Ltd 11 –
5 Sakata INX Corp 44 – 22 Senshu Ikeda Holdings Inc 52 –
3 Sakura Internet Inc 11 – 3 Senshukai Co Ltd 6 –
5 Sala Corp 22 – 2 Seria Co Ltd 57 –
4 SAMTY Co Ltd 41 – 21 Seven & i Holdings Co Ltd 736 0.06
– San Holdings Inc 4 – 50 Seven Bank Ltd 122 0.01
2 San ju San Financial Group Inc 27 – 2 SFP Holdings Co Ltd 19 –
1 San-A Co Ltd 46 – 4 Sharp Corp 48 –
4 San-Ai Oil Co Ltd 36 – 1 Shibaura Electronics Co Ltd 24 –
15 San-In Godo Bank Ltd 92 0.01 – Shibaura Mechatronics Corp 11 –
3 Sanden Holdings Corp 17 – 1 Shibusawa Warehouse Co Ltd 11 –
1 Sanei Architecture Planning Co Ltd 11 – 1 Shibuya Corp 40 –
2 Sangetsu Corp 33 – 4 Shidax Corp 11 –
3 Sanken Electric Co Ltd 47 – – Shift Inc 11 –
4 Sanki Engineering Co Ltd 33 – 5 Shiga Bank Ltd 91 0.01
3 Sankyo Co Ltd 79 0.01 1 Shikibo Ltd 7 –
6 Sankyo Seiko Co Ltd 20 – 4 Shikoku Bank Ltd 39 –
2 Sankyo Tateyama Inc 18 – 2 Shikoku Chemicals Corp 17 –
5 Sankyu Inc 198 0.02 6 Shikoku Electric Power Co Inc 60 –
2 Sanoh Industrial Co Ltd 11 – 1 Shima Seiki Manufacturing Ltd 19 –
1 Sansei Technologies Inc 11 – 3 Shimachu Co Ltd 64 –
2 Sansha Electric Manufacturing Co Ltd 13 – 4 Shimadzu Corp 73 0.01
1 Sanshin Electronics Co Ltd 15 – 1 Shimamura Co Ltd 94 0.01
5 Santen Pharmaceutical Co Ltd 71 0.01 1 Shimano Inc 80 0.01
13 Sanwa Holdings Corp 123 0.01 1 Shimizu Bank Ltd 16 –
1 Sanyo Chemical Industries Ltd 39 – 26 Shimizu Corp 177 0.01
1 Sanyo Denki Co Ltd 21 – 2 Shin Nippon Air Technologies Co Ltd 33 –
1 Sanyo Electric Railway Co Ltd 16 – 2 Shin Nippon Biomedical Laboratories Ltd 10 –
1 Sanyo Housing Nagoya Co Ltd 7 – 5 Shin-Etsu Chemical Co Ltd 335 0.03
1 Sanyo Shokai Ltd 14 – 5 Shin-Etsu Polymer Co Ltd 26 –
2 Sanyo Special Steel Co Ltd 39 – 1 Shinagawa Refractories Co Ltd 24 –
1 Sanyo Trading Co Ltd 20 – 1 Shindengen Electric Manufacturing Co Ltd 26 –
7 Sapporo Holdings Ltd 131 0.01 3 Shinkawa Ltd 10 –
3 Sato Holdings Corp 54 – 7 Shinko Electric Industries Co Ltd 41 –
1 Sato Shoji Corp 10 – 4 Shinko Plantech Co Ltd 34 –
2 Satori Electric Co Ltd 15 – 1 Shinko Shoji Co Ltd 15 –
2 Sawada Holdings Co Ltd 16 – 7 Shinmaywa Industries Ltd 74 0.01
4 Sawai Pharmaceutical Co Ltd 154 0.01 2 Shinnihon Corp 18 –
9 SBI Holdings Inc 157 0.01 3 Shinoken Group Co Ltd 19 –
2 SBS Holdings Inc 20 – 10 Shinsei Bank Ltd 105 0.01
3 Scala Inc 15 – 1 Shinsho Corp 13 –
3 SCREEN Holdings Co Ltd 123 0.01 1 Shinwa Co Ltd 15 –
5 Scroll Corp 15 – 2 Shionogi & Co Ltd 120 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 378
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Japan - 8.05% (continued) Japan - 8.05% (continued)
3 Ship Healthcare Holdings Inc 101 0.01 1 Suminoe Textile Co Ltd 11 –
3 Shiseido Co Ltd 160 0.01 2 Sumitomo Bakelite Co Ltd 51 –
2 Shizuki Electric Co Inc 8 – 96 Sumitomo Chemical Co Ltd 412 0.03
18 Shizuoka Bank Ltd 129 0.01 21 Sumitomo Corp 257 0.02
6 Shizuoka Gas Co Ltd 41 – 5 Sumitomo Dainippon Pharma Co Ltd 123 0.01
1 Shoei Co Ltd 28 – 2 Sumitomo Densetsu Co Ltd 22 –
1 Shoei Foods Corp 47 – 30 Sumitomo Electric Industries Ltd 327 0.03
1 Shofu Inc 8 – 12 Sumitomo Forestry Co Ltd 142 0.01
2 Shoko Co Ltd 12 – 7 Sumitomo Heavy Industries Ltd 190 0.01
6 Showa Corp 62 – 7 Sumitomo Metal Mining Co Ltd 150 0.01
12 Showa Denko KK 375 0.03 17 Sumitomo Mitsui Construction Co Ltd 85 0.01
2 Showa Sangyo Co Ltd 37 – 25 Sumitomo Mitsui Financial Group Inc 735 0.06
13 Showa Shell Sekiyu KK 158 0.01 7 Sumitomo Mitsui Trust Holdings Inc 205 0.02
2 SigmaXYZ Inc 13 – 3 Sumitomo Osaka Cement Co Ltd 116 0.01
3 Siix Corp 40 – 1 Sumitomo Precision Products Co Ltd 12 –
1 Sinanen Holdings Co Ltd 17 – 6 Sumitomo Realty & Development Co Ltd 165 0.01
2 Sinfonia Technology Co Ltd 23 – 3 Sumitomo Riko Co Ltd 26 –
1 Sinko Industries Ltd 10 – 21 Sumitomo Rubber Industries Ltd 225 0.02
4 Sintokogio Ltd 27 – 1 Sumitomo Seika Chemicals Co Ltd 33 –
1 SK-Electronics Co Ltd 16 – 5 Sumitomo Warehouse Co Ltd 50 –
13 SKY Perfect JSAT Holdings Inc 50 – 2 Sun Frontier Fudousan Co Ltd 20 –
8 Skylark Holdings Co Ltd 100 0.01 2 Sun-Wa Technos Corp 15 –
– SMC Corp 80 0.01 2 Suncall Corp 9 –
1 SMK Corp 9 – 1 Sundrug Co Ltd 32 –
4 SMS Co Ltd 51 – 2 Suntory Beverage & Food Ltd 66 0.01
3 SNT Corp 10 – 13 Suruga Bank Ltd 48 –
3 Soda Nikka Co Ltd 14 – – Sushiro Global Holdings Ltd 17 –
4 Sodick Co Ltd 22 – 3 Suzuken Co Ltd 106 0.01
1 Soft99 Corp 8 – 5 Suzuki Motor Corp 213 0.02
14 SoftBank Group Corp 905 0.07 2 SWCC Showa Holdings Co Ltd 9 –
1 Softbank Technology Corp 19 – 1 Sysmex Corp 55 –
1 Softcreate Holdings Corp 8 – 4 Systena Corp 36 –
– Software Service Inc 20 – 2 Syuppin Co Ltd 14 –
3 Sogo Medical Holdings Co Ltd 48 – 2 T Hasegawa Co Ltd 23 –
3 Sohgo Security Services Co Ltd 104 0.01 1 T RAD Co Ltd 11 –
68 Sojitz Corp 191 0.01 18 T&D Holdings Inc 204 0.02
1 Soken Chemical & Engineering Co Ltd 12 – 3 T&K Toka Co Ltd 21 –
1 Solasto Corp 9 – 1 T-Gaia Corp 13 –
5 Sompo Holdings Inc 147 0.01 3 Tachi-S Co Ltd 29 –
27 Sony Corp 1,101 0.08 1 Tachibana Eletech Co Ltd 12 –
5 Sony Financial Holdings Inc 79 0.01 1 Tachikawa Corp 12 –
3 Sotetsu Holdings Inc 62 – 9 Tadano Ltd 85 0.01
3 Space Value Holdings Co Ltd 22 – 2 Taihei Dengyo Kaisha Ltd 39 –
11 Sparx Group Co Ltd 17 – 8 Taiheiyo Cement Corp 223 0.02
1 SPK Corp 13 – 2 Taiho Kogyo Co Ltd 15 –
2 Square Enix Holdings Co Ltd 62 – 2 Taikisha Ltd 38 –
1 SRA Holdings 19 – – Taiko Bank Ltd 6 –
3 Srg Takamiya Co Ltd 12 – 5 Taisei Corp 183 0.01
2 St Marc Holdings Co Ltd 35 – 1 Taisei Lamick Co Ltd 19 –
7 Stanley Electric Co Ltd 163 0.01 – Taisho Pharmaceutical Holdings Co Ltd 36 –
2 Star Mica Co Ltd 22 – 2 Taiyo Holdings Co Ltd 41 –
1 Star Micronics Co Ltd 14 – 7 Taiyo Nippon Sanso Corp 89 0.01
4 Starts Corp Inc 66 0.01 12 Taiyo Yuden Co Ltd 177 0.01
1 Starzen Co Ltd 21 – 1 Takamatsu Construction Group Co Ltd 20 –
1 Stella Chemifa Corp 27 – 1 Takaoka Toko Co Ltd 11 –
1 Strike Co Ltd 16 – 4 Takara Holdings Inc 41 –
1 Studio Alice Co Ltd 20 – 13 Takara Leben Co Ltd 30 –
22 Subaru Corp 386 0.03 3 Takara Standard Co Ltd 41 –
1 Sugi Holdings Co Ltd 41 – 1 Takasago International Corp 32 –
1 Sugimoto & Co Ltd 10 – 3 Takasago Thermal Engineering Co Ltd 37 –
7 Sumco Corp 90 0.01 9 Takashimaya Co Ltd 105 0.01
3 Sumida Corp 28 – 1 Take And Give Needs Co Ltd 15 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 379
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Japan - 8.05% (continued) Japan - 8.05% (continued)
1 Takebishi Corp 13 – 7 Tokio Marine Holdings Inc 282 0.02
13 Takeda Pharmaceutical Co Ltd 372 0.03 1 Tokushu Tokai Paper Co Ltd 22 –
2 Takeei Corp 9 – 7 Tokuyama Corp 151 0.01
– Takemoto Yohki Co Ltd 8 – 2 Tokyo Base Co Ltd 7 –
3 Takeuchi Manufacturing Co Ltd 46 – 3 Tokyo Broadcasting System Holdings Inc 40 –
1 Takihyo Co Ltd 8 – 4 Tokyo Century Corp 154 0.01
1 Takisawa Machine Tool Co Ltd 10 – 9 Tokyo Dome Corp 67 0.01
5 Takuma Co Ltd 56 – 22 Tokyo Electric Power Co Holdings Inc 106 0.01
2 Tama Home Co Ltd 16 – 1 Tokyo Electron Device Ltd 11 –
1 Tamron Co Ltd 15 – 2 Tokyo Electron Ltd 177 0.01
5 Tamura Corp 23 – 3 Tokyo Energy & Systems Inc 20 –
2 Tanseisha Co Ltd 19 – 5 Tokyo Gas Co Ltd 104 0.01
3 Tateru Inc 7 – 2 Tokyo Individualized Educational Institute Inc 20 –
5 Tatsuta Electric Wire and Cable Co Ltd 20 – 2 Tokyo Keiki Inc 17 –
2 Tayca Corp 21 – 2 Tokyo Kiraboshi Financial Group Inc 33 –
3 TBK Co Ltd 8 – 3 Tokyo Ohka Kogyo Co Ltd 65 –
3 TDC Soft Inc 18 – – Tokyo Rakutenchi Co Ltd 10 –
3 TDK Corp 210 0.02 1 Tokyo Rope Manufacturing Co Ltd 8 –
3 Tear Corp 12 – 1 Tokyo Sangyo Co Ltd 3 –
2 TechMatrix Corp 20 – 3 Tokyo Seimitsu Co Ltd 68 0.01
2 Techno Ryowa Ltd 12 – 10 Tokyo Steel Manufacturing Co Ltd 70 0.01
1 TechnoPro Holdings Inc 47 – 15 Tokyo Tatemono Co Ltd 132 0.01
3 Tecnos Japan Inc 19 – 1 Tokyo Tekko Co Ltd 10 –
22 Teijin Ltd 304 0.02 1 Tokyo Theatres Co Inc 13 –
1 Teikoku Electric Manufacturing Co Ltd 16 – 1 Tokyotokeiba Co Ltd 21 –
1 Teikoku Sen-I Co Ltd 22 – 8 Tokyu Construction Co Ltd 65 –
1 Tekken Corp 17 – 7 Tokyu Corp 89 0.01
1 Tenma Corp 17 – 49 Tokyu Fudosan Holdings Corp 217 0.02
2 Terumo Corp 93 0.01 – Tokyu Recreation Co Ltd 14 –
9 THK Co Ltd 163 0.01 5 Toli Corp 11 –
1 Tigers Polymer Corp 7 – 1 Tomato Bank Ltd 7 –
3 TIS Inc 105 0.01 3 Tomoe Corp 10 –
1 TKC Corp 31 – 1 Tomoe Engineering Co Ltd 11 –
2 Toa Corp (Hyogo) 17 – 1 Tomoku Co Ltd 13 –
1 Toa Corp (Tokyo) 13 – 14 TOMONY Holdings Inc 46 –
– Toa Road Corp 9 – 10 Tomy Co Ltd 96 0.01
10 Toagosei Co Ltd 86 0.01 1 Tonami Holdings Co Ltd 23 –
2 Tobishima Corp 25 – 12 Topcon Corp 146 0.01
3 Tobu Railway Co Ltd 56 – 4 Toppan Forms Co Ltd 30 –
3 TOC Co Ltd 18 – 9 Toppan Printing Co Ltd 116 0.01
9 Tocalo Co Ltd 59 – 4 Topre Corp 56 –
10 Tochigi Bank Ltd 21 – 2 Topy Industries Ltd 32 –
17 Toda Corp 90 0.01 40 Toray Industries Inc 248 0.02
1 Toda Kogyo Corp 15 – 1 Torex Semiconductor Ltd 8 –
2 Toei Animation Co Ltd 38 – 3 Toridoll Holdings Corp 40 0.01
1 Toei Co Ltd 67 0.01 2 Torigoe Co Ltd 14 0.01
1 Toenec Corp 13 – 1 Torii Pharmaceutical Co Ltd 20 0.01
17 Toho Bank Ltd 45 – 1 Torikizoku Co Ltd 8 0.01
1 Toho Co Ltd (Kobe) 8 – 2 Torishima Pump Manufacturing Co Ltd 11 0.01
2 Toho Co Ltd (Tokyo) 44 – 3 Tosei Corp 20 0.01
2 Toho Gas Co Ltd 76 0.01 1 Toshiba Corp 20 0.01
5 Toho Holdings Co Ltd 98 0.01 2 Toshiba Machine Co Ltd 25 0.01
5 Toho Titanium Co Ltd 52 – 2 Toshiba Plant Systems & Services Corp 33 0.01
1 Toho Zinc Co Ltd 37 – 2 Toshiba TEC Corp 51 0.01
1 Tohoku Bank Ltd 8 – 1 Tosho Co Ltd 29 0.01
7 Tohoku Electric Power Co Inc 72 0.01 3 Tosho Printing Co Ltd 14 0.01
4 Tohokushinsha Film Corp 15 – 21 Tosoh Corp 227 0.03
1 Tokai Corp 25 – 2 Totetsu Kogyo Co Ltd 46 0.01
11 TOKAI Holdings Corp 76 0.01 4 TOTO Ltd 113 0.02
6 Tokai Rika Co Ltd 87 0.01 1 Totoku Electric Co Ltd 7 0.01
19 Tokai Tokyo Financial Holdings Inc 72 0.01 1 Tottori Bank Ltd 6 0.01
1 Token Corp 54 – 3 Tow Co Ltd 17 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 380
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Japan - 8.05% (continued) Japan - 8.05% (continued)
3 Towa Bank Ltd 19 0.01 2 Unizo Holdings Co Ltd 30 0.01
3 Towa Corp 16 0.01 10 Ushio Inc 84 0.02
1 Towa Pharmaceutical Co Ltd 47 0.01 2 USS Co Ltd 32 0.01
7 Toyo Construction Co Ltd 19 0.01 2 UT Group Co Ltd 31 0.01
2 Toyo Corp 15 0.01 1 V Technology Co Ltd 55 0.01
1 Toyo Denki Seizo KK 14 0.01 4 Valor Holdings Co Ltd 89 0.02
2 Toyo Engineering Corp 11 0.01 2 Valqua Ltd 31 0.01
1 Toyo Gosei Co Ltd 8 0.01 1 ValueCommerce Co Ltd 11 0.01
3 Toyo Ink SC Holdings Co Ltd 62 0.01 2 Vector Inc 24 0.01
1 Toyo Kanetsu KK 17 0.01 1 Vertex Corp 5 0.01
6 Toyo Logistics Co Ltd 13 0.01 2 VIA Holdings Inc 11 0.01
3 Toyo Machinery & Metal Co Ltd 12 0.01 5 Vital KSK Holdings Inc 39 0.01
3 Toyo Securities Co Ltd 4 0.01 1 Vitec Holdings Co Ltd 12 0.01
6 Toyo Seikan Group Holdings Ltd 109 0.02 2 Voyage Group Inc 15 0.01
4 Toyo Suisan Kaisha Ltd 116 0.02 10 VT Holdings Co Ltd 32 0.01
1 Toyo Tanso Co Ltd 17 0.01 3 Wacoal Holdings Corp 73 0.02
10 Toyo Tire & Rubber Co Ltd 129 0.02 5 Wacom Co Ltd 20 0.01
1 Toyo Wharf & Warehouse Co Ltd 12 0.01 2 Wakachiku Construction Co Ltd 23 0.01
8 Toyobo Co Ltd 88 0.02 3 Wakita & Co Ltd 27 0.01
7 Toyoda Gosei Co Ltd 109 0.02 1 Warabeya Nichiyo Holdings Co Ltd 16 0.01
7 Toyota Boshoku Corp 86 0.02 1 Watahan & Co Ltd 15 0.01
2 Toyota Industries Corp 71 0.02 2 WATAMI Co Ltd 23 0.01
67 Toyota Motor Corp 3,174 0.25 1 WDB Holdings Co Ltd 14 0.01
1 Toyota Motor Corp, ADR 131 0.02 1 Weathernews Inc 13 0.01
10 Toyota Tsusho Corp 280 0.03 2 Welcia Holdings Co Ltd 60 0.01
3 TPR Co Ltd 56 0.01 3 West Holdings Corp 29 0.01
1 Trancom Co Ltd 59 0.01 1 West Japan Railway Co 75 0.02
1 Trend Micro Inc 59 0.01 2 Will Group Inc 17 0.01
– Tri Chemical Laboratories Inc 9 0.01 2 WIN-Partners Co Ltd 14 0.01
1 Trusco Nakayama Corp 13 0.01 1 Wood One Co Ltd 9 0.01
1 Trust Tech Inc 16 0.01 1 World Holdings Co Ltd 21 0.01
5 TS Tech Co Ltd 112 0.02 1 Wowow Inc 16 0.01
6 TSI Holdings Co Ltd 31 0.01 3 Xebio Holdings Co Ltd 26 0.01
5 Tsubaki Nakashima Co Ltd 63 0.01 1 YA-MAN Ltd 14 0.01
3 Tsubakimoto Chain Co 76 0.02 1 Yachiyo Industry Co Ltd 5 0.01
1 Tsubakimoto Kogyo Co Ltd 16 0.01 2 Yahagi Construction Co Ltd 13 0.01
5 Tsugami Corp 30 0.01 11 Yahoo Japan Corp 25 0.01
2 Tsukada Global Holdings Inc 10 0.01 1 Yaizu Suisankagaku Industry Co Ltd 9 0.01
2 Tsukishima Kikai Co Ltd 22 0.01 1 Yakult Honsha Co Ltd 53 0.01
7 Tsukuba Bank Ltd 11 0.01 1 Yakuodo Co Ltd 21 0.01
7 Tsukui Corp 49 0.01 4 Yamabiko Corp 34 0.01
4 Tsumura & Co 85 0.02 1 Yamada Consulting Group Co Ltd 12 0.01
1 Tsuruha Holdings Inc 54 0.01 23 Yamada Denki Co Ltd 87 0.02
1 Tsurumi Manufacturing Co Ltd 18 0.01 2 Yamagata Bank Ltd 38 0.01
1 Tsutsumi Jewelry Co Ltd 12 0.01 12 Yamaguchi Financial Group Inc 98 0.02
1 TV Asahi Holdings Corp 22 0.01 3 Yamaha Corp 88 0.02
1 Tv Tokyo Holdings Corp 27 0.01 15 Yamaha Motor Co Ltd 249 0.03
3 TYK Corp 8 0.01 3 Yamaichi Electronics Co Ltd 31 0.01
3 U-Shin Ltd 18 0.01 3 Yamanashi Chuo Bank Ltd 30 0.01
3 UACJ Corp 46 0.01 2 Yamatane Corp 20 0.01
12 Ube Industries Ltd 213 0.03 1 Yamato Corp 3 0.01
1 UKC Holdings Corp 12 0.01 5 Yamato Holdings Co Ltd 94 0.02
5 Ulvac Inc 153 0.02 3 Yamato Kogyo Co Ltd 70 0.02
1 UMC Electronics Co Ltd 19 0.01 1 Yamaya Corp 12 0.01
3 Unicharm Corp 84 0.02 12 Yamazaki Baking Co Ltd 203 0.03
1 Uniden Holdings Corp 18 0.01 4 Yamazen Corp 29 0.01
4 Unipres Corp 56 0.01 2 Yaoko Co Ltd 94 0.02
2 United Arrows Ltd 53 0.01 2 Yashima Denki Co Ltd 14 0.01
1 UNITED Inc 10 0.01 10 Yaskawa Electric Corp 239 0.03
4 United Super Markets Holdings Inc 34 0.01 2 Yasuda Logistics Corp 10 0.01
3 Unitika Ltd 11 0.01 2 Yasunaga Corp 21 0.01
1 Universal Entertainment Corp 34 0.01 1 Yellow Hat Ltd 29 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 381
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Japan - 8.05% (continued) Korea, Republic of - 1.77% (continued)
2 Yodogawa Steel Works Ltd 30 0.01 1 Cheil Worldwide Inc 21 –
2 Yokogawa Bridge Holdings Corp 30 0.01 – Chong Kun Dang Pharmaceutical Corp 22 –
5 Yokogawa Electric Corp 75 0.02 – Chongkundang Holdings Corp 14 –
3 Yokohama Reito Co Ltd 21 0.01 – Chosun Refractories Co Ltd 12 –
12 Yokohama Rubber Co Ltd 191 0.02 1 Chungdahm Learning Inc 20 –
2 Yokowo Co Ltd 22 0.01 1 CJ CGV Co Ltd 20 –
1 Yomeishu Seizo Co Ltd 12 0.01 1 CJ CheilJedang Corp 202 0.02
1 Yomiuri Land Co Ltd 15 0.01 2 CJ Corp 145 0.01
1 Yondenko Corp 15 0.01 1 CJ ENM Co Ltd 122 0.01
1 Yondoshi Holdings Inc 19 0.01 – CJ Freshway Corp 6 –
2 Yorozu Corp 16 0.01 2 CJ Hello Co Ltd 16 –
3 Yoshinoya Holdings Co Ltd 40 0.01 1 CJ Logistics Corp 59 –
2 Yotai Refractories Co Ltd 8 0.01 1 Com2uSCorp 75 0.01
1 Yuasa Trading Co Ltd 21 0.01 – Cosmax Inc 37 –
– Yuken Kogyo Co Ltd 6 0.01 1 Coway Co Ltd 44 –
1 Yume No Machi Souzou Iinkai Co Ltd 12 0.01 5 Cowell Fashion Co Ltd 16 –
3 Yumeshin Holdings Co Ltd 16 0.01 – Crown Confectionery Co Ltd 3 –
3 Yurtec Corp 19 0.01 – CROWNHAITAI Holdings Co Ltd 3 –
1 Yushiro Chemical Industry Co Ltd 8 0.01 5 CrucialTec Co Ltd 5 –
1 Zenitaka Corp 19 0.01 – Cuckoo Holdings Co Ltd 7 –
2 Zenkoku Hosho Co Ltd 62 0.01 – Cuckoo Homesys Co Ltd 8 –
2 Zenrin Co Ltd 47 0.01 – Dae Han Flour Mills Co Ltd 15 –
6 Zensho Holdings Co Ltd 115 0.02 10 Dae Won Chemical Co Ltd 10 –
15 Zeon Corp 123 0.02 4 Dae Won Kang Up Co Ltd 10 –
4 ZIGExN Co Ltd 16 0.01 2 Dae-Il Corp 7 –
3 Zojirushi Corp 25 0.01 4 Daeduck Electronics Co 25 –
4 ZOZO Inc 73 0.02 3 Daeduck GDS Co Ltd 28 –
– Zuiko Corp 9 – 1 Daehan Steel Co Ltd 4 –
1 Zuken Inc 13 – 3 Daekyo Co Ltd 16 –
104,625 8.05 2 Daelim Industrial Co Ltd 109 0.01
Korea, Republic of - 1.77% 2 Daesang Corp 26 –
1 Able C&C Co Ltd 13 – 1 Daesang Holdings Co Ltd 6 –
2 Ace Technologies Corp 6 – 4 Daesung Industrial Co Ltd 11 –
2 Aekyung Petrochemical Co Ltd 12 – 8 Daewoo Engineering & Construction Co Ltd 30 –
3 Agabang&Company 9 – 4 Daewoo Shipbuilding & Marine Engineering Co Ltd 84 0.01
2 AJ Networks Co Ltd 7 – 2 Daewoong Co Ltd 21 –
2 AJ Rent A Car Co Ltd 19 – 1 Daihan Pharmaceutical Co Ltd 19 –
1 AK Holdings Inc 20 – 4 Daishin Securities Co Ltd 38 –
5 ALUKO Co Ltd 10 – 1 Daou Data Corp 10 –
– Amorepacific Corp 22 – 3 Daou Technology Inc 42 –
1 AMOREPACIFIC Group 24 – 12 Dayou Automotive Seat Technology Co Ltd 9 –
1 Amotech Co Ltd 20 – 4 DB Financial Investment Co Ltd 13 –
4 Ananti Inc 26 – 5 DB HiTek Co Ltd 40 –
2 APS Holdings Corp 7 – 6 DB Insurance Co Ltd 271 0.02
– Asia Cement Co Ltd 15 – 13 DGB Financial Group Inc 82 0.01
– ASIA Holdings Co Ltd 11 – 3 Digital Power Communications Co Ltd 15 –
1 Asia Paper Manufacturing Co Ltd 18 – 1 DIO Corp 11 –
12 Asiana Airlines Inc 37 – 3 DMS Co Ltd 13 –
2 Autech Corp 12 – 2 DNF Co Ltd 11 –
4 BGF Co Ltd 22 – 1 Dong A Eltek Co Ltd 8 –
– BGF retail Co Ltd 27 – – Dong Ah Tire & Rubber Co Ltd 3 –
1 BH Co Ltd 13 – – Dong-A Socio Holdings Co Ltd 11 –
– Binggrae Co Ltd 15 – – Dong-A ST Co Ltd 16 –
21 BNK Financial Group Inc 113 0.01 2 Dong-Ah Geological Engineering Co Ltd 19 –
1 Bookook Securities Co Ltd 13 – 4 Dongjin Semichem Co Ltd 26 –
4 Byucksan Corp 7 – 4 Dongkuk Industries Co Ltd 7 –
12 CammSys Corp 14 – 5 Dongkuk Steel Mill Co Ltd 26 –
4 Capro Corp 12 – 4 DONGSUNG Corp 16 –
– Cell Biotech Co Ltd 8 – 1 Dongwha Enterprise Co Ltd 13 –
1 Celltrion Inc 104 0.01 2 Dongwha Pharm Co Ltd 15 –
1 Changhae Ethanol Co Ltd 6 – 6 Dongwon Development Co Ltd 17 –
14 Charm Engineering Co Ltd 17 – – Dongwon F&B Co Ltd 14 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 382
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Korea, Republic of - 1.77% (continued) Korea, Republic of - 1.77% (continued)
– Dongwon Industries Co Ltd 22 – 2 Hansol Paper Co Ltd 21 –
– Dongwon Systems Corp 9 – 1 Hansol Technics Co Ltd 6 –
2 Doosan Bobcat Inc 47 – 1 Hanssem Co Ltd 21 –
1 Doosan Corp 50 – 8 Hanwha Chemical Corp 101 0.01
8 Doosan Heavy Industries & Construction Co Ltd 65 – 5 Hanwha General Insurance Co Ltd 21 –
14 Doosan Infracore Co Ltd 86 0.01 14 Hanwha Investment & Securities Co Ltd 22 –
– DoubleUGames Co Ltd 16 – 29 Hanwha Life Insurance Co Ltd 90 0.01
1 Douzone Bizon Co Ltd 51 – 1 Hanyang Eng Co Ltd 14 –
– DTR Automotive Corp 6 – 9 Harim Co Ltd 18 –
1 DY POWER Corp 10 – 5 HB Technology Co Ltd 10 –
– e Tec E&C Ltd 9 – 8 HDC Holdings Co Ltd 97 0.01
1 E-MART Inc 103 0.01 3 HDC Hyundai Engineering Plastics Co Ltd 9 –
– E1 Corp 16 – 6 Heungkuk Fire & Marine Insurance Co Ltd 20 –
4 Easy Bio Inc 18 – 2 Hite Jinro Co Ltd 29 –
1 Ecopro Co Ltd 26 – – HLB Inc 11 –
2 ENF Technology Co Ltd 15 – 1 Hotel Shilla Co Ltd 38 –
– Eo Technics Co Ltd 9 – 4 HS Industries Co Ltd 20 –
5 Eugene Corp 19 – 7 HS R&A Co Ltd 8 –
8 Eugene Investment & Securities Co Ltd 15 – 3 HSD Engine Co Ltd 9 –
2 Eugene Technology Co Ltd 16 – 2 Huchems Fine Chemical Corp 39 –
3 Eusu Holdings Co Ltd 12 – – Hugel Inc 16 –
1 F&F Co Ltd 19 – 2 Humax Co Ltd 7 –
1 Farmsco 6 – 1 Huons Co Ltd 30 –
5 Fila Korea Ltd 176 0.01 1 Huons Global Co Ltd 29 –
4 Foosung Co Ltd 22 – 2 Huvis Corp 12 –
– Gamevil Inc 19 – 1 HwaSung Industrial Co Ltd 9 –
1 Geumhwa PSC Co Ltd 12 – 1 Hy-Lok Corp 9 –
– Golfzon Co Ltd 6 – – Hyosung Advanced Materials Corp 22 –
5 Golfzon Newdin Holdings Co Ltd 13 – – Hyosung Chemical Corp 19 –
1 Grand Korea Leisure Co Ltd 17 – 1 Hyosung Corp 32 –
– Green Cross Corp 19 – 1 Hyosung Heavy Industries Corp 19 –
1 Green Cross Holdings Corp 20 – – Hyosung TNC Co Ltd 37 –
3 GS Engineering & Construction Corp 104 0.01 2 Hyundai BNG Steel Co Ltd 12 –
8 GS Global Corp 14 – 1 Hyundai Construction Equipment Co Ltd 23 –
6 GS Holdings Corp 222 0.02 1 Hyundai Corp 11 –
– GS Home Shopping Inc 37 – – Hyundai Corp Holdings Inc 4 –
2 GS Retail Co Ltd 46 – 1 Hyundai Department Store Co Ltd 78 0.01
– Gwangju Shinsegae Co Ltd 10 – – Hyundai Electric & Energy System Co Ltd 5 –
1 Haesung DS Co Ltd 12 – 1 Hyundai Elevator Co Ltd 60 –
3 Halla Corp 9 – 6 Hyundai Engineering & Construction Co Ltd 214 0.02
1 Halla Holdings Corp 25 – 1 Hyundai Glovis Co Ltd 82 0.01
4 Han Kuk Carbon Co Ltd 20 – 4 Hyundai Greenfood Co Ltd 35 –
13 Hana Financial Group Inc 342 0.03 1 Hyundai Heavy Industries Co Ltd 120 0.01
1 Hana Tour Service Inc 27 – 1 Hyundai Heavy Industries Holdings Co Ltd 142 0.01
1 Handok Inc 15 – 1 Hyundai Home Shopping Network Corp 40 –
1 Handsome Co Ltd 39 – 6 Hyundai Hy Communications & Network Co Ltd 19 –
– Hanil Cement Co Ltd 17 – 1 Hyundai Livart Furniture Co Ltd 12 –
– Hanil Holdings Co Ltd 6 – 7 Hyundai Marine & Fire Insurance Co Ltd 192 0.01
6 Hanjin Heavy Industries & Construction Co Ltd 8 – 10 Hyundai Merchant Marine Co Ltd 26 –
3 Hanjin Kal Corp 77 0.01 1 Hyundai Mipo Dockyard Co Ltd 53 –
– Hanjin Transportation Co Ltd 17 – 1 Hyundai Mobis Co Ltd 176 0.01
– Hankook Shell Oil Co Ltd 8 – 3 Hyundai Motor Co 228 0.02
4 Hankook Tire Co Ltd 116 0.01 2 Hyundai Motor Securities Co Ltd 11 –
– Hanmi Pharm Co Ltd 47 – 1 Hyundai Rotem Co Ltd 20 –
– Hanmi Science Co ltd 11 – 3 Hyundai Steel Co 103 0.01
1 Hanmi Semiconductor Co Ltd 6 – 2 Hyundai Wia Corp 45 –
7 Hanon Systems 51 – 1 ICD Co Ltd 6 –
1 Hansae Co Ltd 7 – 8 IHQ Inc 12 –
2 Hansae Yes24 Holdings Co Ltd 13 – 2 Iljin Holdings Co Ltd 5 –
1 Hanshin Construction 6 – – Ilshin Spinning Co Ltd 8 –
1 Hansol Chemical Co Ltd 32 – 2 iMarketKorea Inc 10 –
3 Hansol Holdings Co Ltd 10 – 1 InBody Co Ltd 9 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 383
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Korea, Republic of - 1.77% (continued) Korea, Republic of - 1.77% (continued)
9 Industrial Bank of Korea 99 0.01 2 Kortek Corp 15 –
1 Innocean Worldwide Inc 26 – – KPX Chemical Co Ltd 13 –
3 Insun ENT Co Ltd 14 – 3 KSS LINE Ltd 13 –
1 Interflex Co Ltd 9 – 1 KT Corp 17 –
1 Interojo Co Ltd 9 – 3 KT Skylife Co Ltd 24 –
3 Interpark Holdings Corp 5 – 1 KT&G Corp 105 0.01
2 INTOPS Co Ltd 18 – 7 KTB Investment & Securities Co Ltd 16 –
2 IS Dongseo Co Ltd 37 – – Kukdo Chemical Co Ltd 10 –
1 ISC Co Ltd 9 – 3 Kumho Industrial Co Ltd 28 –
2 ISU Chemical Co Ltd 13 – 2 Kumho Petrochemical Co Ltd 123 0.01
1 Jahwa Electronics Co Ltd 10 – 6 Kumho Tire Co Inc 22 –
1 JASTECH Ltd 6 – – Kumkang Kind Co Ltd 1 –
1 Jayjun Cosmetic Co Ltd 12 – 2 Kwang Dong Pharmaceutical Co Ltd 10 –
17 JB Financial Group Co Ltd 68 0.01 1 Kyeryong Construction Industrial Co Ltd 12 –
7 Jcontentree Corp 23 – 2 Kyobo Securities Co Ltd 16 –
1 Jeju Air Co Ltd 18 – 1 Kyung Dong Navien Co Ltd 16 –
3 Jusung Engineering Co Ltd 14 – 1 Kyungbang Co Ltd 8 –
2 JW Holdings Corp 11 – – KyungDong City Gas Co Ltd 2 –
2 JYP Entertainment Corp 38 – 2 Kyungdong Pharm Co Ltd 15 –
– Kakao Corp 33 – 1 L&F Co Ltd 15 –
– Kangnam Jevisco Co Ltd 8 – 5 LB Semicon Inc 11 –
2 Kangwon Land Inc 38 – 2 LEADCORP Inc 7 –
9 KB Financial Group Inc 301 0.02 – Leaders Cosmetics Co Ltd 3 –
1 KC Co Ltd 9 – – LEENO Industrial Inc 14 –
1 KC Tech Co Ltd 11 – 2 LF Corp 31 –
– KCC Corp 73 0.01 1 LG Chem Ltd 294 0.02
15 KEC Corp 10 – 3 LG Corp 159 0.01
1 KEPCO Plant Service & Engineering Co Ltd 18 – 10 LG Display Co Ltd 129 0.01
1 KG Chemical Corp 18 – 11 LG Display Co Ltd, ADR 66 0.01
– Kginicis Co Ltd 6 – 6 LG Electronics Inc 316 0.02
2 KH Vatec Co Ltd 11 – 1 LG Hausys Ltd 22 –
9 Kia Motors Corp 199 0.02 – LG Household & Health Care Ltd 91 0.01
2 KISCO Corp 9 – 1 LG Innotek Co Ltd 102 0.01
– KISWIRE Ltd 4 – 2 LG International Corp 24 –
1 KIWOOM Securities Co Ltd 50 – 22 LG Uplus Corp 268 0.02
3 KMH Co Ltd 19 – – LIG Nex1 Co Ltd 11 –
4 Kodaco Co Ltd 7 – 1 Lock&Lock Co Ltd 8 –
1 Koh Young Technology Inc 46 – 2 LOT Vacuum Co Ltd 10 –
1 Kolmar BNH Co Ltd 9 – 1 Lotte Chemical Corp 173 0.01
– Kolmar Korea Co Ltd 16 – – Lotte Chilsung Beverage Co Ltd 25 –
– Kolmar Korea Holdings Co Ltd 9 – 1 Lotte Corp 37 –
– Kolon Corp 11 – 2 LOTTE Fine Chemical Co Ltd 47 –
1 Kolon Industries Inc 50 – – Lotte Food Co Ltd 16 –
– Kolon Life Science Inc 15 – 1 LOTTE Himart Co Ltd 22 –
1 KONA I Co Ltd 7 – 10 Lotte Non-Life Insurance Co Ltd 18 –
2 Korea Alcohol Industrial Co Ltd 12 – – Lotte Shopping Co Ltd 57 –
1 Korea Autoglass Corp 13 – 2 LS Corp 58 –
1 Korea Circuit Co Ltd 5 – 1 LS Industrial Systems Co Ltd 26 –
– Korea District Heating Corp 15 – 4 Lumens Co Ltd 7 –
1 Korea Electric Power Corp 19 – 4 LVMC Holdings 7 –
1 Korea Electric Power Corp, ADR 7 – 15 Macquarie Korea Infrastructure Fund 99 0.01
– Korea Electric Terminal Co Ltd 10 – 1 Macrogen Inc 16 –
1 Korea Gas Corp 41 – – Maeil Dairies Co Ltd 18 –
1 Korea Information & Communications Co Ltd 8 – – Maeil Holdings Co Ltd 2 –
3 Korea Investment Holdings Co Ltd 139 0.01 2 Mando Corp 46 –
1 Korea Line Corp 21 – 1 Mcnex Co Ltd 13 –
– Korea Petrochemical Ind Co Ltd 35 – – Medy-Tox Inc 93 0.01
15 Korea Real Estate Investment & Trust Co Ltd 26 – – Meerecompany Inc 8 –
1 Korea United Pharm Inc 9 – 2 MegaStudy Co Ltd 15 –
– Korea Zinc Co Ltd 78 0.01 – MegaStudyEdu Co Ltd 10 –
5 Korean Air Lines Co Ltd 122 0.01 4 Meritz Financial Group Inc 34 –
8 Korean Reinsurance Co 51 – 6 Meritz Fire & Marine Insurance Co Ltd 92 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 384
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Korea, Republic of - 1.77% (continued) Korea, Republic of - 1.77% (continued)
24 Meritz Securities Co Ltd 75 0.01 1 Samjin Pharmaceutical Co Ltd 27 –
23 Mirae Asset Daewoo Co Ltd 116 0.01 2 Sammok S-Form Co Ltd 14 –
9 Mirae Asset Life Insurance Co Ltd 27 – 6 SAMPYO Cement Co Ltd 19 –
– Miwon Specialty Chemical Co Ltd 9 – 1 Samsung C&T Corp 48 –
2 MK Electron Co Ltd 14 – 2 Samsung Card Co Ltd 41 –
1 Modetour Network Inc 20 – 2 Samsung Electro-Mechanics Co Ltd 144 0.01
3 Moorim P&P Co Ltd 14 – 114 Samsung Electronics Co Ltd 3,352 0.26
1 Motonic Corp 8 – – Samsung Electronics Co Ltd, GDR 264 0.02
1 Muhak Co Ltd 10 – 2 Samsung Engineering Co Ltd 22 –
2 Namhae Chemical Corp 17 – 1 Samsung Fire & Marine Insurance Co Ltd 286 0.02
– Namyang Dairy Products Co Ltd 17 – 27 Samsung Heavy Industries Co Ltd 142 0.01
– Nasmedia Co Ltd 6 – 2 Samsung Life Insurance Co Ltd 102 0.01
1 NAVER Corp 97 0.01 1 Samsung SDI Co Ltd 90 0.01
– NCSoft Corp 117 0.01 – Samsung SDS Co Ltd 32 –
2 Neowiz 14 – 4 Samsung Securities Co Ltd 77 0.01
4 NEPES Corp 28 – 14 SAMT Co Ltd 17 –
1 Nexen Corp 3 – – Samwha Capacitor Co Ltd 21 –
4 Nexen Tire Corp 23 – – Samyang Corp 12 –
9 NH Investment & Securities Co Ltd 83 0.01 – Samyang Holdings Corp 21 –
1 NHN Entertainment Corp 34 – 4 Sangsangin Co Ltd 52 –
2 NHN KCP Corp 16 – 2 Sangsin Brake 5 –
2 NICE Holdings Co Ltd 26 – 7 SBS Media Holdings Co Ltd 10 –
1 Nice Information & Telecommunication Inc 7 – 20 SBW 14 –
2 NICE Information Service Co Ltd 18 – 1 Seah Besteel Corp 8 –
2 NICE Total Cash Management Co Ltd 15 – – SeAH Holdings Corp 7 –
– Nong Shim Holdings Co Ltd 10 – – SeAH Steel Corp 8 –
– NongShim Co Ltd 35 – – SeAH Steel Holdings Corp 7 –
2 NS Shopping Co Ltd 15 – 1 Sebang Co Ltd 8 –
1 OCI Co Ltd 106 0.01 1 Sebang Global Battery Co Ltd 19 –
3 OPTRON-TEC Inc 10 – 36 Sejong Telecom Inc 14 –
– Orion Corp 18 – 1 Sekonix Co Ltd 6 –
3 Orion Holdings Corp 40 – 2 Seobu T&D 15 –
1 Osstem Implant Co Ltd 34 – 10 Seohan Co Ltd 13 –
– Ottogi Corp 11 – 23 Seohee Construction Co Ltd 20 –
13 Pan Ocean Co Ltd 42 – 4 Seoul Semiconductor Co Ltd 56 –
1 Paradise Co Ltd 8 – 2 Seoyon Co Ltd 5 –
3 Partron Co Ltd 15 – 1 Seoyon E-Hwa Co Ltd 4 –
1 POSCO 221 0.02 2 SFA Engineering Corp 54 –
1 POSCO Chemtech Co Ltd 41 – 9 SFA Semicon Co Ltd 9 –
4 Posco Daewoo Corp 50 – 9 Shinhan Financial Group Co Ltd 255 0.02
3 Posco ICT Co Ltd 13 – – Shinsegae Engineering & Construction Co Ltd 9 –
3 POSCO, ADR 117 0.01 – Shinsegae Food Co Ltd 12 –
2 Power Logics Co Ltd 11 – 1 Shinsegae Inc 113 0.01
2 PSK Inc 21 – – Shinsegae International Inc 15 –
– Pulmuone Co Ltd 6 – 11 Shinsung E&G Co Ltd 8 –
2 Pyeong Hwa Automotive Co Ltd 8 – – Shinyoung Securities Co Ltd 13 –
2 S&T Dynamics Co Ltd 12 – 4 Showbox Corp 10 –
1 S&T Holdings Co Ltd 8 – 1 Silicon Works Co Ltd 14 –
1 S&T Motiv Co Ltd 20 – 1 Silla Co Ltd 11 –
– S-1 Corp 32 – 1 SIMMTECH Co Ltd 6 –
11 S-Connect Co Ltd 13 – – Sindoh Co Ltd 13 –
1 S-Oil Corp 108 0.01 1 SK Chemicals Co Ltd 31 –
– Sajo Industries Co Ltd 14 – 1 SK D&D Co Ltd 12 –
1 Sam Chun Dang Pharm Co Ltd 23 – 1 SK Discovery Co Ltd 27 –
– Sam Kwang Glass Co Ltd 6 – – SK Gas Ltd 17 –
2 Sam Young Electronics Co Ltd 16 – 1 SK Holdings Co Ltd 240 0.02
1 Sam Yung Trading Co Ltd 12 – 22 SK Hynix Inc 1,062 0.08
– Samchully Co Ltd 19 – 2 SK Innovation Co Ltd 309 0.02
1 Samho International Co Ltd 11 – – SK Materials Co Ltd 24 –
11 Samick Musical Instruments Co Ltd 13 – 14 SK Networks Co Ltd 48 –
1 Samick THK Co Ltd 6 – 25 SK Securities Co Ltd 12 –
2 Samji Electronics Co Ltd 14 – – SK Telecom Co Ltd 17 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 385
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Korea, Republic of - 1.77% (continued) Malaysia - 0.28% (continued)
1 SK Telecom Co Ltd, ADR 21 – 80 Alliance Bank Malaysia Bhd 62 –
2 SKC Co Ltd 56 – 86 AMMB Holdings Bhd 69 0.01
– SKCKOLONPI Inc 11 0.01 30 Ann Joo Resources Bhd 7 –
1 SL Corp 17 0.01 46 Astro Malaysia Holdings Bhd 10 –
1 Songwon Industrial Co Ltd 19 0.01 85 Axiata Group Bhd 58 –
1 Soulbrain Co Ltd 40 0.01 7 Batu Kawan Bhd 23 –
– SPC Samlip Co Ltd 20 0.01 258 Berjaya Corp Bhd 13 –
11 Ssangyong Cement Industrial Co Ltd 45 0.01 73 Berjaya Sports Toto Bhd 29 –
4 Ssangyong Motor Co 10 0.01 47 BerMaz Motor Sdn Bhd 19 –
– Suheung Co Ltd 7 0.01 39 BIMB Holdings Bhd 28 –
3 Sung Kwang Bend Co Ltd 22 0.01 57 Boustead Holdings Bhd 16 –
8 Sungchang Enterprise Holdings Ltd 12 0.01 47 Boustead Plantations Bhd 8 –
4 Sungwoo Hitech Co Ltd 10 0.01 6 British American Tobacco Malaysia Bhd 41 –
2 Sunjin Co Ltd 17 0.01 322 Bumi Armada Bhd 10 –
6 Synopex Inc 12 0.01 33 Bursa Malaysia Bhd 43 –
1 Systems Technology Inc 11 0.01 54 CAB Cakaran Corp Bhd 6 –
4 T'way Holdings Inc 8 0.01 38 Cahya Mata Sarawak Bhd 23 –
– Taekwang Industrial Co Ltd 27 0.01 8 Carlsberg Brewery Malaysia Bhd 28 –
2 Taewoong Co Ltd 11 0.01 28 CB Industrial Product Holding Bhd 5 –
5 Taeyoung Engineering & Construction Co Ltd 40 0.01 70 CIMB Group Holdings Bhd 76 0.01
2 TBH Global Co Ltd 6 0.01 45 Datasonic Group Bhd 4 –
2 TechWing Inc 11 0.01 55 Dialog Group Bhd 33 –
1 TES Co Ltd 10 0.01 51 DiGi.Com Bhd 40 –
1 TK Corp 8 0.01 81 DRB-Hicom Bhd 28 –
– Tokai Carbon Korea Co Ltd 12 0.01 2 Dutch Lady Milk Industries Bhd 18 –
10 Tongyang Inc 14 0.01 59 Eastern & Oriental Bhd 13 –
4 Tongyang Life Insurance Co Ltd 15 0.01 65 Eco World Development Group Bhd 12 –
1 Toptec Co Ltd 5 0.01 87 Eco World International Bhd 13 –
3 Tovis Co Ltd 13 0.01 19 Econpile Holdings Bhd 2 –
– Unid Co Ltd 14 0.01 116 Ekovest Bhd 10 –
7 Unison Co Ltd 9 0.01 135 FGV Holdings Bhd 22 –
1 Value Added Technology Co Ltd 10 0.01 54 Frontken Corp Bhd 8 –
– Vieworks Co Ltd 12 0.01 26 Gabungan AQRS Bhd 4 –
1 Webzen Inc 10 0.01 58 Gadang Holdings Bhd 6 –
1 WeMade Entertainment Co Ltd 18 0.01 60 Gamuda Bhd 26 –
2 Whanin Pharmaceutical Co Ltd 22 0.01 110 Genting Bhd 130 0.01
2 WiSoL Co Ltd 26 0.01 86 Genting Malaysia Bhd 46 –
2 Wonik Holdings Co Ltd 6 0.01 17 Genting Plantations Bhd 29 –
2 Wonik IPS Co Ltd 36 0.01 13 George Kent Malaysia Bhd 2 –
1 Wonik Materials Co Ltd 14 0.01 35 Globetronics Technology Bhd 14 –
1 Wonik Tera Semicon Co Ltd 12 0.01 10 Hai-O Enterprise Bhd 6 –
6 Woongjin Co Ltd 10 0.01 17 HAP Seng Consolidated Bhd 31 –
2 Woongjin Thinkbig Co Ltd 7 0.01 49 Hartalega Holdings Bhd 59 –
17 Woori Bank 191 0.02 7 Heineken Malaysia Bhd 26 –
1 Y G-1 Co Ltd 8 0.01 11 Hengyuan Refining Co Bhd 10 –
2 YeaRimDang Publishing Co Ltd 10 0.01 62 HeveaBoard Bhd 8 –
– YG Entertainment Inc 14 0.01 8 Hong Leong Bank Bhd 32 –
4 Yong Pyong Resort Co Ltd 14 0.01 9 Hong Leong Financial Group Bhd 32 –
1 Youlchon Chemical Co Ltd 9 0.01 183 IJM Corp Bhd 56 –
– Young Poong Corp 9 0.01 93 Inari Amertron Bhd 29 –
1 Youngone Corp 32 0.01 47 IOI Corp Bhd 37 –
1 Youngone Holdings Co Ltd 30 0.01 112 IOI Properties Group Bhd 34 –
9 Yuanta Securities Korea Co Ltd 23 0.01 11 Keck Seng Malaysia Bhd 8 –
– Yuhan Corp 29 0.01 28 Kerjaya Prospek Group Bhd 6 –
23,016 1.77 206 KNM Group Bhd 4 –
Malaysia - 0.28% 35 Kossan Rubber Industries 28 –
63 7-Eleven Malaysia Holdings Bhd 15 – 66 KSL Holdings Bhd 9 –
28 Aeon Co M Bhd 9 – 4 Kuala Lumpur Kepong Bhd 16 –
13 AEON Credit Service M Bhd 37 – 10 Lafarge Malaysia Bhd 4 –
20 AFFIN Bank Bhd 9 – 55 LBS Bina Group Bhd 7 –
161 AirAsia Group Bhd 93 0.01 16 Lingkaran Trans Kota Holdings Bhd 11 –
167 AirAsia X Bhd 7 – 9 LPI Capital Bhd 28 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 386
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Malaysia - 0.28% (continued) Malaysia - 0.28% (continued)
9 Magni-Tech Industries Bhd 7 – 5 United Plantations Bhd 26 0.01
47 Magnum Bhd 18 – 51 UOA Development Bhd 20 0.01
101 Mah Sing Group Bhd 19 – 384 Velesto Energy Bhd 16 0.01
71 Malakoff Corp Bhd 11 – 9 ViTrox Corp Bhd 12 0.01
48 Malayan Banking Bhd 85 0.01 150 VS Industry Bhd 45 0.01
32 Malayan Flour Mills Bhd 6 – 48 Wah Seong Corp Bhd 7 0.01
71 Malaysia Airports Holdings Bhd 102 0.01 59 WCT Holdings Bhd 8 0.01
85 Malaysia Building Society Bhd 15 – 31 Westports Holdings Bhd 22 0.01
6 Malaysian Pacific Industries Bhd 11 – 40 Yinson Holdings Bhd 33 0.01
123 Malaysian Resources Corp Bhd 15 – 57 YNH Property Bhd 15 0.01
36 Matrix Concepts Holdings Bhd 13 – 293 YTL Corp Bhd 63 0.01
13 Maxis Bhd 13 – 70 YTL Power International Bhd 13 0.01
67 Media Prima Bhd 5 – 3,608 0.28
25 Mega First Corp Bhd 15 – Mexico - 0.33%
39 MISC Bhd 45 – 16 ALEATICA SAB de CV 15 –
50 Mitrajaya Holdings Bhd 3 – 322 Alfa SAB de CV 253 0.02
37 MKH Bhd 8 – 35 Alpek SAB de CV 33 –
56 MMC Corp Bhd 10 – 54 Alsea SAB de CV 106 0.01
22 Muhibbah Engineering M Bhd 11 – 331 America Movil SAB de CV 174 0.01
154 My EG Services Bhd 32 – 13 Arca Continental SAB de CV 54 –
1 Nestle Malaysia Bhd 17 – 154 Axtel SAB de CV 19 –
14 Oriental Holdings Bhd 16 – 20 Banco del Bajio SA 29 –
83 OSK Holdings Bhd 14 – Banco Santander Mexico SA Institucion de Banca
36 Padini Holdings Bhd 33 – 78 Multiple Grupo Financiero Santand 75 0.01
2 Panasonic Manufacturing Malaysia Bhd 17 – 26 Becle SAB de CV 26 –
31 PESTECH International Bhd 7 – 45 Bolsa Mexicana de Valores SAB de CV 60 –
5 Petron Malaysia Refining & Marketing Bhd 7 – 512 Cemex SAB de CV 206 0.02
26 Petronas Chemicals Group Bhd 45 – 14 Coca-Cola Femsa SAB de CV 66 0.01
2 Petronas Dagangan Bhd 11 – 51 Consorcio ARA SAB de CV 10 –
9 Petronas Gas Bhd 31 – 45 Controladora Vuela Cia de Aviacion SAB de CV 22 –
24 Pos Malaysia Bhd 9 – 1 Controladora Vuela Cia de Aviacion SAB de CV,
ADR 6 –
20 PPB Group Bhd 66 0.01
17 Corp Actinver SAB de CV 8 –
89 Press Metal Aluminium Holdings Bhd 79 0.01
38 Corp Inmobiliaria Vesta SAB de CV 37 –
32 Public Bank Bhd 150 0.01
1 Corporativo Fragua SAB de CV 9 –
30 QL Resources Bhd 39 –
13 Credito Real SAB de CV SOFOM ER 10 –
47 RHB Bank Bhd 46 –
9 Cydsa SAB de CV 10 –
355 Sapura Energy Bhd 24 –
6 El Puerto de Liverpool SAB de CV 30 –
12 Sarawak Oil Palms Bhd 6 –
8 Elementia SAB de CV 4 –
15 Scientex Bhd 26 –
14 Fomento Economico Mexicano SAB de CV 94 0.01
20 Selangor Properties Bhd 19 –
70 Genomma Lab Internacional SAB de CV 34 –
67 Serba Dinamik Holdings Bhd 45 –
87 Gentera SAB de CV 51 –
115 Sime Darby Bhd 50 –
16 Gruma SAB de CV 139 0.01
37 Sime Darby Plantation Bhd 33 –
20 Grupo Aeromexico SAB de CV 16 –
133 Sime Darby Property Bhd 25 –
33 Grupo Aeroportuario del Centro Norte SAB de CV 114 0.01
100 SKP Resources Bhd 21 –
24 Grupo Aeroportuario del Pacifico SAB de CV 132 0.01
53 SP Setia Bhd Group 21 –
6 Grupo Aeroportuario del Sureste SAB de CV 62 –
110 Sunway Bhd 30 –
52 Grupo Bimbo SAB de CV 77 0.01
21 Sunway Construction Group Bhd 6 –
22 Grupo Carso SAB de CV 56 –
34 Supermax Corp Bhd 22 –
10 Grupo Cementos de Chihuahua SAB de CV 42 –
33 Syarikat Takaful Malaysia Keluarga Bhd 24 –
53 Grupo Comercial Chedraui SA de CV 76 0.01
31 Ta Ann Holdings Bhd 11 –
4 Grupo Elektra SAB DE CV 150 0.01
107 TA Enterprise Bhd 12 –
9 Grupo Famsa SAB de CV 3 –
37 Telekom Malaysia Bhd 16 –
45 Grupo Financiero Banorte SAB de CV 160 0.01
18 Tenaga Nasional Bhd 49 –
88 Grupo Financiero Inbursa SAB de CV 92 0.01
11 TIME dotCom Bhd 17 –
17 Grupo GICSA SAB de CV 5 –
57 Top Glove Corp Bhd 64 0.01
28 Grupo Herdez SAB de CV 45 –
41 Tune Protect Group Bhd 5 0.01
12 Grupo Hotelero Santa Fe SAB de CV 4 –
24 UEM Edgenta Bhd 12 0.01
7 Grupo Industrial Saltillo SAB de CV 7 –
81 UEM Sunrise Bhd 11 0.01
6 Grupo KUO SAB De CV 11 –
25 UMW Holdings Bhd 23 0.01
30 Grupo Lala SAB de CV 21 –
50 Unisem M Bhd 30 0.01
118 Grupo Mexico SAB de CV 190 0.01
10 United Malacca Bhd 10 0.01
10 Grupo Rotoplas SAB de CV 8 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 387
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Mexico - 0.33% (continued) Netherlands - 0.93% (continued)
19 Grupo Sanborns SAB de CV 13 – 3 Heineken NV 251 0.02
15 Grupo Simec SAB de CV 36 – 1 Hunter Douglas NV 26 –
90 Grupo Televisa SAB 194 0.01 2 IMCD NV 128 0.01
25 Hoteles City Express SAB de CV 24 – 69 ING Groep NV 652 0.05
15 Industrias Bachoco SAB de CV 42 – 4 Intertrust NV 57 –
13 Industrias CH SAB de CV 44 – 2 KAS Bank NV 11 –
8 Industrias Penoles SAB de CV 75 0.01 1 Kendrion NV 30 –
16 Infraestructura Energetica Nova SAB de CV 49 – 50 Koninklijke Ahold Delhaize NV 1,013 0.08
65 Kimberly-Clark de Mexico SAB de CV 76 0.01 24 Koninklijke BAM Groep NV 59 –
71 La Comer SAB de CV 57 – 6 Koninklijke DSM NV 411 0.03
62 Megacable Holdings SAB de CV 221 0.02 228 Koninklijke KPN NV 532 0.04
85 Mexichem SAB de CV 156 0.01 22 Koninklijke Philips NV 653 0.05
34 Minera Frisco SAB de CV 7 – 5 Koninklijke Vopak NV 176 0.01
64 Nemak SAB de CV 36 – – Lucas Bols BV 3 –
9 Organizacion Cultiba SAB de CV 6 – 1 Nederland Apparatenfabriek 24 –
13 Organizacion Soriana SAB de CV 13 – 11 NN Group NV 374 0.03
12 Promotora y Operadora de Infraestructura SAB de 1 NXP Semiconductors NV 73 0.01
CV 82 0.01
4 OCI NV 78 0.01
3 Promotora y Operadora de Infraestructura SAB de
CV, Class L 14 – 17 Ordina NV 22 –
21 Qualitas Controladora SAB de CV 36 – 27 PostNL NV 63 –
12 Rassini SAB de CV, Class A 20 – 11 Randstad NV 438 0.03
8 Rassini SAB de CV, Class C 24 – 17 SBM Offshore NV 206 0.02
25 Regional SAB de CV 85 0.02 1 SIF Holding NV 17 –
123 Telesites SAB de CV 61 0.01 10 Signify NV 218 0.02
133 TV Azteca SAB de CV 12 0.01 3 Sligro Food Group NV 98 0.01
7 Unifin Financiera SAB de CV SOFOM ENR 12 0.01 – Takeaway.com NV 8 –
8 Vitro SAB de CV 15 0.01 4 TKH Group NV 150 0.01
47 Wal-Mart de Mexico SAB de CV 92 0.02 11 TomTom NV 78 0.01
15 Unilever NV 656 0.05
4,353 0.33
– Van Lanschot Kempen NV 6 0.01
Netherlands - 0.93%
6 Wessanen 51 0.01
10 Aalberts Industries NV 284 0.02
11 Wolters Kluwer NV 531 0.05
10 ABN AMRO Group NV 194 0.01
12,036 0.93
2 Accell Group NV 28 –
68 Aegon NV 299 0.02 New Zealand - 0.16%
8 Akzo Nobel NV 527 0.04 24 a2 Milk Co Ltd 133 0.01
44 Altice Europe NV, Class A 84 0.01 77 Air New Zealand Ltd 128 0.01
1 Altice Europe NV, Class B 2 – 14 Auckland International Airport Ltd 54 –
5 AMG Advanced Metallurgical Group NV 159 0.01 47 Chorus Ltd 120 0.01
2 Amsterdam Commodities NV 31 – 2 Comvita Ltd 5 –
5 APERAM SA 105 0.01 17 Contact Energy Ltd 55 –
7 Arcadis NV 70 0.01 6 Ebos Group Ltd 67 0.01
29 ArcelorMittal 517 0.04 12 Fisher & Paykel Healthcare Corp Ltd 88 0.01
4 ASM International NV 150 0.01 28 Fletcher Building Ltd 72 0.01
5 ASML Holding NV (Netherlands listing) 639 0.05 5 Fonterra Co-operative Group Ltd 12 –
– ASML Holding NV (US listing) 13 – 14 Freightways Ltd 54 –
11 ASR Nederland NV 384 0.03 35 Genesis Energy Ltd 48 –
3 Basic-Fit NV 61 – 5 Gentrack Group Ltd 16 –
8 BE Semiconductor Industries NV 130 0.01 31 Heartland Group Holdings Ltd 25 –
2 Beter Bed Holding NV 7 – 32 Infratil Ltd 62 –
6 BinckBank NV 24 – 15 Kathmandu Holdings Ltd 23 –
7 Boskalis Westminster 157 0.01 7 Mainfreight Ltd 118 0.01
1 Brunel International NV 13 – 16 Mercury NZ Ltd 30 –
8 Coca-Cola European Partners PLC (Netherlands 18 Meridian Energy Ltd 32 –
listing) 295 0.02 15 Metlifecare Ltd 43 –
2 Coca-Cola European Partners PLC (US listing) 90 0.01 10 Metro Performance Glass Ltd 3 –
7 Corbion NV 168 0.01 18 New Zealand Refining Co Ltd 22 –
5 Flow Traders 117 0.01 15 NZME Ltd 4 –
3 ForFarmers NV 26 – 15 NZX Ltd 8 –
7 Fugro NV 71 0.01 11 Port of Tauranga Ltd 31 –
4 Gemalto NV 200 0.02 11 Restaurant Brands New Zealand Ltd 50 –
5 GrandVision NV 82 0.01 14 Ryman Healthcare Ltd 87 0.01
2 Heijmans NV 16 – 5 Scales Corp Ltd 12 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 388
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
New Zealand - 0.16% (continued) Norway - 0.33% (continued)
4 Skellerup Holdings Ltd 5 – 32 Petroleum Geo-Services ASA 53 –
34 SKY Network Television Ltd 43 – 7 Prosafe SE 10 –
59 SKYCITY Entertainment Group Ltd 116 0.01 6 Protector Forsikring ASA 24 –
80 Spark New Zealand Ltd 183 0.01 212 REC Silicon ASA 13 –
22 Summerset Group Holdings Ltd 77 0.01 2 Salmar ASA 85 0.01
6 Synlait Milk Ltd 30 – 1 Sbanken ASA 8 –
13 Tourism Holdings Ltd 34 – 10 Scatec Solar ASA 69 0.01
28 Tower Ltd 12 – 1 Schibsted ASA, Class A 29 –
24 Trade Me Group Ltd 80 0.01 1 Schibsted ASA, Class B 28 –
5 Trustpower Ltd 17 – 3 Selvaag Bolig ASA 9 –
9 Vector Ltd 16 – 15 Solstad Offshore ASA 3 –
5 Vista Group International Ltd 10 0.01 12 SpareBank 1 SR-Bank ASA 100 0.01
5 Warehouse Group Ltd 6 0.01 7 Spectrum ASA 26 –
29 Z Energy Ltd 88 0.02 3 Stolt-Nielsen Ltd 32 –
2,119 0.16 17 Storebrand ASA 103 0.01
Norway - 0.33% 9 Subsea 7 SA 80 0.01
42 ABG Sundal Collier Holding ASA 18 – 7 Telenor ASA 104 0.01
2 AF Gruppen ASA 24 – 9 TGS Nopec Geophysical Co ASA 207 0.02
18 Akastor ASA 21 – 8 Tomra Systems ASA 160 0.01
2 Aker ASA 85 0.01 3 Treasure ASA 3 –
5 Aker BP ASA 109 0.01 11 Veidekke ASA 98 0.01
12 Aker Solutions ASA 48 – 3 Wallenius Wilhelmsen ASA 10 –
4 American Shipping Co ASA 12 – 1 Wilh Wilhelmsen Holding ASA 19 –
8 Atea ASA 86 0.01 5 XXL ASA 20 0.01
9 Austevoll Seafood ASA 97 0.01 2 Yara International ASA 73 0.02
3 Avance Gas Holding Ltd 6 – 4,242 0.33
5 Axactor SE 10 – Peru - 0.01%
3 Bakkafrost P/F 121 0.01 1 Cementos Pacasmayo SAA, ADR 4 –
2 Bonheur ASA 20 – 1 Cia de Minas Buenaventura SAA, ADR 14 –
10 Borregaard ASA 75 0.01 1 Credicorp Ltd 120 0.01
10 BW LPG Ltd 30 – 1 Grana y Montero SAA, ADR 2 –
14 BW Offshore Ltd 47 – 140 0.01
17 DNB ASA 234 0.02 Philippines - 0.12%
77 DNO ASA 102 0.01 76 8990 Holdings Inc 9 –
15 DOF ASA 6 – 38 Aboitiz Equity Ventures Inc 30 –
4 Entra ASA 38 – 27 Aboitiz Power Corp 13 –
35 Equinor ASA 636 0.05 257 Alliance Global Group Inc 44 –
14 Europris ASA 30 – 4 Ayala Corp 55 –
16 FLEX LNG Ltd 22 – 59 Ayala Land Inc 37 –
5 Frontline Ltd 28 – 23 BDO Unibank Inc 44 –
4 Gjensidige Forsikring ASA 52 – 385 Belle Corp 13 –
7 Grieg Seafood ASA 77 0.01 433 Bloomberry Resorts Corp 54 –
10 Hexagon Composites ASA 22 – 13 Cebu Air Inc 14 –
1 Hoegh LNG Holdings Ltd 4 – 308 CEMEX Holdings Philippines Inc 8 –
46 Kongsberg Automotive ASA 38 – 89 Century Pacific Food Inc 21 –
3 Kongsberg Gruppen ASA 30 – 46 China Banking Corp 19 –
21 Kvaerner ASA 24 – 151 Cosco Capital Inc 16 –
11 Leroy Seafood Group ASA 71 0.01 94 D&L Industries Inc 14 –
11 Marine Harvest ASA 198 0.02 297 DMCI Holdings Inc 55 –
39 NEL ASA 17 – 50 DoubleDragon Properties Corp 14 –
4 Nordic Semiconductor ASA 14 – 73 East West Banking Corp 13 –
32 Norsk Hydro ASA 118 0.01 130 Emperador Inc 14 –
2 Norway Royal Salmon ASA 37 – 690 Filinvest Land Inc 15 –
2 Norwegian Air Shuttle ASA 38 – 75 First Gen Corp 20 –
10 Norwegian Finans Holding ASA 68 0.01 25 First Philippine Holdings Corp 23 –
9 Norwegian Property ASA 8 – 2 Globe Telecom Inc 44 –
7 Ocean Yield ASA 43 – 3 GT Capital Holdings Inc 34 –
7 Odfjell Drilling Ltd 19 – 40 Integrated Micro-Electronics Inc 6 –
4 Odfjell SE 10 – 37 International Container Terminal Services Inc 52 –
1 Olav Thon Eiendomsselskap ASA 19 – 53 JG Summit Holdings Inc 38 –
9 Orkla ASA 58 – 9 Jollibee Foods Corp 38 –
5 Otello Corp ASA 6 – 195 Lopez Holdings Corp 12 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 389
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Philippines - 0.12% (continued) Poland - 0.16% (continued)
87 LT Group Inc 21 – – ING Bank Slaski SA 16 –
4 Manila Electric Co 20 – – Inter Cars SA 17 –
61 Manila Water Co Inc 25 – 4 Jastrzebska Spolka Weglowa SA 50 –
83 Megawide Construction Corp 23 – 5 Kernel Holding SA 58 –
489 Megaworld Corp 33 – 8 KGHM Polska Miedz SA 155 0.01
149 Melco Resorts And Entertainment Philippines Corp 16 – 1 KRUK SA 46 –
397 Metro Pacific Investments Corp 28 – – LPP SA 49 –
29 Metropolitan Bank & Trust Co 33 – 1 Lubelski Wegiel Bogdanka SA 15 –
297 Nickel Asia Corp 10 – – mBank SA 41 –
204 Petron Corp 25 – 12 Netia SA 11 –
93 Philex Mining Corp 4 – – Neuca SA 5 –
21 Philippine National Bank 13 – 36 Orange Polska SA 35 –
7 Philippine Seven Corp 12 – 2 Orbis SA 39 –
46 Phoenix Petroleum Philippines Inc 8 – 2 Pfleiderer Group SA 11 –
42 Pilipinas Shell Petroleum Corp 30 – 39 PGE Polska Grupa Energetyczna SA 95 0.01
– PLDT Inc 6 – 2 PKP Cargo SA 17 –
1 PLDT Inc, ADR 20 – 10 Polski Koncern Naftowy ORLEN SA 225 0.02
70 Puregold Price Club Inc 45 – 11 Polskie Gornictwo Naftowe i Gazownictwo SA 15 –
31 Rizal Commercial Banking Corp 13 – 10 Powszechna Kasa Oszczednosci Bank Polski SA 82 0.01
129 Robinsons Land Corp 40 – 5 Powszechny Zaklad Ubezpieczen SA 47 –
28 Robinsons Retail Holdings Inc 32 – – Santander Bank Polska SA 19 –
30 San Miguel Corp 77 0.01 16 Stalexport Autostrady SA 11 0.01
20 San Miguel Food and Beverage Inc 25 0.01 – Stalprodukt SA 12 0.01
20 Security Bank Corp 49 0.01 90 Tauron Polska Energia SA 42 0.01
66 Semirara Mining & Power Corp 26 0.01 3 Trakcja SA 2 0.01
1 SM Investments Corp 16 0.01 14 Vistula Group SA 11 0.01
24 SM Prime Holdings Inc 12 0.01 2 Warsaw Stock Exchange 16 0.01
3 Top Frontier Investment Holdings Inc 12 0.01 2,088 0.16
230 Travellers International Hotel Group Inc 18 0.01 Portugal - 0.09%
15 Union Bank of the Philippines 15 0.01 9 Altri SGPS SA 53 –
11 Universal Robina Corp 20 0.01 536 Banco Comercial Portugues SA 118 0.01
337 Vista Land & Lifescapes Inc 26 0.01 45 Banco Espirito Santo SA – –
66 Wilcon Depot Inc 11 0.01 6 CTT-Correios de Portugal SA 20 –
1,533 0.12 37 EDP - Energias de Portugal SA 101 0.01
Poland - 0.16% 16 EDP Renovaveis SA 107 0.01
4 Agora SA 10 – 18 Galp Energia SGPS SA 233 0.03
5 Alior Bank SA 62 – 9 Jeronimo Martins SGPS SA 80 0.01
– Amica SA 7 – 15 Mota-Engil SGPS SA 23 –
1 AmRest Holdings SE 11 – 23 Navigator Co SA 76 0.01
7 Asseco Poland SA 67 0.01 33 NOS SGPS SA 162 0.01
1 Bank Handlowy w Warszawie SA 9 – 28 REN - Redes Energeticas Nacionais SGPS SA 60 –
38 Bank Millennium SA 72 0.01 2 Semapa-Sociedade de Investimento e Gestao 31 –
1 Bank Polska Kasa Opieki SA 21 – 12 Sonae Capital SGPS SA 8 –
14 Boryszew SA 14 – 87 Sonae SGPS SA 65 –
– Budimex SA 12 – 1,137 0.09
1 CCC SA 31 – Russia - 0.12%
3 CD Projekt SA 102 0.01 51 Gazprom PJSC, ADR 190 0.01
3 Ciech SA 27 – 3 Globaltrans Investment PLC, GDR 20 –
1 ComArch SA 18 – 3 Lenta Ltd, GDR 7 –
15 Cyfrowy Polsat SA 69 0.01 5 LUKOIL PJSC, ADR 271 0.02
1 Dino Polska SA 25 – 8 Magnitogorsk Iron & Steel Works PJSC, GDR 53 –
– Dom Development SA 6 – 1 Mail.Ru Group Ltd, GDR 15 –
20 Enea SA 44 – 4 MMC Norilsk Nickel PJSC, ADR 60 –
12 Energa SA 23 – – Novatek PJSC, GDR 36 –
2 Eurocash SA 7 – 2 Novolipetsk Steel PJSC, GDR 44 –
1 Fabryki Mebli Forte SA 3 – 2 PhosAgro PJSC, GDR 25 –
26 Famur SA 30 – 1 Ros Agro PLC, GDR 8 –
45 Getin Noble Bank SA 3 – 16 Rosneft Oil Co PJSC, GDR 79 0.01
12 Globe Trade Centre SA 20 – 4 Rostelecom PJSC, ADR 21 –
2 Grupa Azoty SA 16 – 46 RusHydro PJSC, ADR 26 –
1 Grupa Kety SA 61 – 35 Sberbank of Russia PJSC, ADR 332 0.03
10 Grupa Lotos SA 176 0.01 4 Severstal PJSC, GDR 50 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 390
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Russia - 0.12% (continued) Singapore - 0.36% (continued)
3 Tatneft PJSC, ADR 172 0.01 45 Metro Holdings Ltd 28 –
4 TMK PJSC, GDR 11 0.01 69 Midas Holdings Ltd 3 –
13 VEON Ltd, ADR 28 0.01 62 mm2 Asia Ltd 13 –
79 VTB Bank PJSC, GDR 78 0.01 53 Olam International Ltd 51 –
3 X5 Retail Group NV, GDR 55 0.01 20 OUE Ltd 17 –
1,581 0.12 69 Oversea-Chinese Banking Corp Ltd 448 0.03
Singapore - 0.36% 92 Oxley Holdings Ltd 16 –
51 Accordia Golf Trust 16 – 34 Pan-United Corp Ltd 6 –
49 Ascendas India Trust 29 – 16 Perennial Real Estate Holdings Ltd 6 –
26 Banyan Tree Holdings Ltd 8 – 24 Q&M Dental Group Singapore Ltd 7 –
25 Best World International Ltd 34 – 26 QAF Ltd 9 –
2 Boustead Projects Ltd 1 – 111 Raffles Education Corp Ltd 9 –
25 Boustead Singapore Ltd 12 – 50 Raffles Medical Group Ltd 34 –
15 Bukit Sembawang Estates Ltd 49 – 31 RHT Health Trust 13 –
72 CapitaLand Ltd 129 0.01 19 Riverstone Holdings Ltd 14 –
55 Centurion Corp Ltd 13 – 10 Roxy-Pacific Holdings Ltd 2 –
24 China Aviation Oil Singapore Corp Ltd 17 – 32 SATS Ltd 89 0.01
40 China Sunsine Chemical Holdings Ltd 29 – 6 SBS Transit Ltd 9 –
33 Chip Eng Seng Corp Ltd 14 – 125 Sembcorp Industries Ltd 187 0.01
72 CITIC Envirotech Ltd 18 – 30 Sembcorp Marine Ltd 28 –
17 City Developments Ltd 82 0.01 34 Sheng Siong Group Ltd 21 –
31 Civmec Ltd 8 – 70 SIIC Environment Holdings Ltd 11 –
118 ComfortDelGro Corp Ltd 142 0.01 119 Sinarmas Land Ltd 18 –
36 CSE Global Ltd 9 – 36 Singapore Airlines Ltd 197 0.02
7 Dairy Farm International Holdings Ltd 48 – 17 Singapore Exchange Ltd 71 0.01
12 DBS Group Holdings Ltd 175 0.01 157 Singapore Post Ltd 89 0.01
61 Del Monte Pacific Ltd 6 – 138 Singapore Press Holdings Ltd 208 0.02
17 Delfi Ltd 13 – 29 Singapore Technologies Engineering Ltd 60 –
359 Ezion Holdings Ltd 13 – 67 Singapore Telecommunications Ltd 118 0.01
230 Ezra Holdings Ltd 1 – 57 Sino Grandness Food Industry Group Ltd 5 –
5 Far East Orchard Ltd 4 – 12 Stamford Land Corp Ltd 3 –
50 First Resources Ltd 47 – 40 StarHub Ltd 43 –
41 Food Empire Holdings Ltd 12 – 8 Straits Trading Co Ltd 10 –
25 Frasers Property Ltd 23 – 23 Sunningdale Tech Ltd 18 –
26 Frencken Group Ltd 6 – 50 Tuan Sing Holdings Ltd 10 –
105 Genting Singapore Ltd 58 – 71 UMS Holdings Ltd 25 –
124 Geo Energy Resources Ltd 13 – 36 United Engineers Ltd 54 0.01
29 GL Ltd 12 – 14 United Industrial Corp Ltd 22 0.01
552 Golden Agri-Resources Ltd 77 0.01 32 United Overseas Bank Ltd 461 0.04
1 Great Eastern Holdings Ltd 10 – 20 UOB-Kay Hian Holdings Ltd 13 0.01
23 GuocoLand Ltd 23 – 29 UOL Group Ltd 100 0.01
26 Halcyon Agri Corp Ltd 6 – 32 Valuetronics Holdings Ltd 12 0.01
11 Haw Par Corp Ltd 78 0.01 21 Venture Corp Ltd 180 0.02
30 Health Management International Ltd 9 – 25 Wheelock Properties Singapore Ltd 30 0.01
16 Hi-P International Ltd 10 – 48 Wilmar International Ltd 84 0.02
12 Ho Bee Land Ltd 17 – 39 Wing Tai Holdings Ltd 42 0.01
29 Hong Fok Corp Ltd 11 – 4,680 0.36
47 Hong Leong Asia Ltd 14 – South Africa - 0.84%
16 Hong Leong Finance Ltd 23 – 38 Absa Group Ltd 333 0.03
15 Hongkong Land Holdings Ltd 79 0.01 6 Adcock Ingram Holdings Ltd 21 –
18 Hour Glass Ltd 6 – 8 Adcorp Holdings Ltd 9 –
398 Hutchison Port Holdings Trust 81 0.01 46 Advtech Ltd 40 –
67 Hyflux Ltd 1 – 10 AECI Ltd 52 –
17 Indofood Agri Resources Ltd 2 – 9 African Oxygen Ltd 16 –
36 Japfa Ltd 15 – 12 African Rainbow Minerals Ltd 84 0.01
2 Jardine Cycle & Carriage Ltd 33 – 9 Afrimat Ltd 15 –
19 k1 Ventures Ltd – – 54 Alexander Forbes Group Holdings Ltd 16 –
43 Keppel Corp Ltd 149 0.01 21 Allied Electronics Corp Ltd 21 –
138 Keppel Infrastructure Trust 36 – 14 Alviva Holdings Ltd 14 –
16 Keppel Telecommunications & Transportation Ltd 17 – 2 Anglo American Platinum Ltd 56 –
30 Lian Beng Group Ltd 8 – 40 AngloGold Ashanti Ltd 316 0.02
33 M1 Ltd 40 – 13 AngloGold Ashanti Ltd, ADR 102 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 391
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
South Africa - 0.84% (continued) South Africa - 0.84% (continued)
38 ArcelorMittal South Africa Ltd 8 – 74 Nampak Ltd 60 –
15 Ascendis Health Ltd 3 – 1 Naspers Ltd 172 0.01
11 Aspen Pharmacare Holdings Ltd 96 0.01 19 Nedbank Group Ltd 285 0.02
4 Assore Ltd 55 – 4 NEPI Rockcastle PLC 23 –
6 Astral Foods Ltd 60 – 135 Netcare Ltd 197 0.02
46 Attacq Ltd 38 – 25 Northam Platinum Ltd 58 –
410 Aveng Ltd 1 – – Novus Holdings Ltd – –
36 AVI Ltd 204 0.02 5 Oceana Group Ltd 18 –
22 Barloworld Ltd 144 0.01 291 Old Mutual Ltd 374 0.03
11 Bid Corp Ltd 161 0.01 6 Omnia Holdings Ltd 26 –
33 Bidvest Group Ltd 379 0.03 24 Peregrine Holdings Ltd 27 –
30 Blue Label Telecoms Ltd 9 – 25 Pick n Pay Stores Ltd 103 0.01
26 Brait SE 48 – 9 Pioneer Foods Group Ltd 42 –
2 Capitec Bank Holdings Ltd 103 0.01 120 PPC Ltd 36 –
3 Cashbuild Ltd 45 – 10 PSG Group Ltd 127 0.01
– Caxton and CTP Publishers and Printers Ltd – – 11 PSG Konsult Ltd 7 –
3 City Lodge Hotels Ltd 24 – 8 Raubex Group Ltd 9 –
13 Clicks Group Ltd 139 0.01 12 RCL Foods Ltd 11 –
10 Clover Industries Ltd 10 – 16 Reunert Ltd 68 0.01
17 Coronation Fund Managers Ltd 43 – 15 Rhodes Food Group Pty Ltd 14 –
7 Curro Holdings Ltd 10 – 8 Royal Bafokeng Platinum Ltd 12 –
30 DataTec Ltd 45 – 75 Sanlam Ltd 326 0.03
17 Discovery Ltd 144 0.01 5 Santam Ltd 93 0.01
7 Distell Group Holdings Ltd 43 – 65 Sappi Ltd 278 0.02
28 DRDGOLD Ltd 5 – 2 Sasol Ltd 37 –
16 enX Group Ltd 12 – 13 Sasol Ltd, ADR 311 0.02
12 EOH Holdings Ltd 22 – 11 Shoprite Holdings Ltd 127 0.01
16 Exxaro Resources Ltd 120 0.01 162 Sibanye Gold Ltd 77 0.01
4 Famous Brands Ltd 25 – 22 SPAR Group Ltd 241 0.02
128 FirstRand Ltd 482 0.04 6 Spur Corp Ltd 8 –
22 Foschini Group Ltd 217 0.02 11 Stadio Holdings Ltd 2 –
72 Gold Fields Ltd 164 0.01 55 Standard Bank Group Ltd 541 0.04
42 Gold Fields Ltd, ADR 96 0.01 59 Steinhoff International Holdings NV 6 –
36 Grindrod Ltd 13 – 16 Sun International Ltd 56 –
1 Grindrod Shipping Holdings Ltd 5 – 44 Super Group Ltd 93 0.01
9 Group Five Ltd – – 28 Telkom SA SOC Ltd 89 0.01
48 Harmony Gold Mining Co Ltd 57 – 8 Tiger Brands Ltd 120 0.01
3 Hudaco Industries Ltd 21 – 12 Tongaat Hulett Ltd 45 –
59 Impala Platinum Holdings Ltd 111 0.01 34 Transaction Capital Ltd 35 –
18 Imperial Holdings Ltd 66 0.01 19 Trencor Ltd 30 0.01
14 Investec Ltd 65 – 47 Truworths International Ltd 233 0.03
2 Invicta Holdings Ltd 4 – 45 Tsogo Sun Holdings Ltd 52 0.01
26 Italtile Ltd 20 – 9 Vodacom Group Ltd 60 0.01
11 JSE Ltd 107 0.01 4 Wilson Bayly Holmes-Ovcon Ltd 37 0.01
186 KAP Industrial Holdings Ltd 86 0.01 75 Woolworths Holdings Ltd 238 0.03
6 Kumba Iron Ore Ltd 82 0.01 10,864 0.84
7 Lewis Group Ltd 11 – Spain - 0.83%
14 Liberty Holdings Ltd 86 0.01 3 Acciona SA 252 0.02
153 Life Healthcare Group Holdings Ltd 226 0.02 19 Acerinox SA 152 0.01
43 Long4Life Ltd 11 – 10 ACS Actividades de Construccion y Servicios SA 288 0.02
13 Massmart Holdings Ltd 79 0.01 4 Adveo Group International SA 2 –
188 Merafe Resources Ltd 16 – 2 Aena SME SA 198 0.02
12 Metair Investments Ltd 13 – 2 Alantra Partners SA 23 –
32 Metrofile Holdings Ltd 5 – 5 Almirall SA 62 –
1 MiX Telematics Ltd 14 – 7 Amadeus IT Group SA 375 0.03
92 MMI Holdings Ltd 91 0.01 86 Amper SA 21 –
6 Mondi Ltd 103 0.01 15 Applus Services SA 144 0.01
18 Motus Holdings Ltd 90 0.01 6 Atresmedia Corp de Medios de Comunicacion SA 27 –
13 Mpact Ltd 16 – 2 Azkoyen SA 10 –
15 Mr Price Group Ltd 201 0.02 124 Banco Bilbao Vizcaya Argentaria SA 552 0.04
78 MTN Group Ltd 384 0.03 296 Banco de Sabadell SA 298 0.02
31 Murray & Roberts Holdings Ltd 27 – 319 Banco Santander SA 1,190 0.09
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 392
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Spain - 0.83% (continued) Sweden - 0.89%
36 Bankia SA 92 0.01 10 AAK AB 110 0.01
20 Bankinter SA 131 0.01 12 Acando AB 33 –
– Baron de Ley 6 – 2 AddLife AB 29 –
9 Bolsas y Mercados Espanoles SHMSF SA 201 0.02 2 AddNode Group AB 18 –
76 CaixaBank SA 245 0.02 3 AddTech AB 42 –
9 Cellnex Telecom SA 200 0.02 4 AF AB 66 0.01
7 Cia de Distribucion Integral Logista Holdings SA 135 0.01 11 Ahlsell AB 40 –
5 CIE Automotive SA 91 0.01 7 Alfa Laval AB 123 0.01
2 Construcciones y Auxiliar de Ferrocarriles SA 47 – 2 Alimak Group AB 20 –
30 Distribuidora Internacional de Alimentacion SA 18 – 12 Arjo AB 31 –
169 Duro Felguera SA 2 – 4 Assa Abloy AB 65 –
6 Ebro Foods SA 94 0.01 6 Atlas Copco AB, Class A 123 0.01
6 eDreams Odigeo SA 16 – 4 Atlas Copco AB, Class B 63 –
5 Elecnor SA 51 – 3 Atrium Ljungberg AB 37 –
23 Enagas SA 506 0.04 7 Attendo AB 53 –
17 Ence Energia y Celulosa SA 85 0.01 2 Avanza Bank Holding AB 69 0.01
7 Endesa SA 126 0.01 4 Axfood AB 56 –
17 Ercros SA 56 – 5 Beijer Alma AB 52 –
4 Euskaltel SA 28 – 2 Beijer Electronics Group AB 7 –
20 Faes Farma SA 62 – 4 Beijer Ref AB 54 –
– Ferrovial SA (non-voting rights) 2 – 2 Bergman & Beving AB 18 –
5 Ferrovial SA (voting righs) 78 0.01 14 Betsson AB 86 0.01
4 Fluidra SA 42 – 11 Bilia AB 83 0.01
3 Fomento de Construcciones y Contratas SA 33 – 15 BillerudKorsnas AB 156 0.01
10 Global Dominion Access SA 41 – 1 BioGaia AB 24 –
8 Grifols SA 185 0.01 3 Biotage AB 30 –
2 Grupo Catalana Occidente SA 60 – 5 Bjorn Borg AB 9 –
28 Grupo Ezentis SA 16 – 17 Boliden AB 294 0.02
192 Iberdrola SA 1,129 0.09 1 Bonava AB, Class A 9 –
1 Iberpapel Gestion SA 14 – 7 Bonava AB, Class B 64 –
14 Indra Sistemas SA 119 0.01 13 Bravida Holding AB 73 0.01
8 Industria de Diseno Textil SA 190 0.01 4 Bufab AB 29 –
1 Laboratorios Farmaceuticos Rovi SA 9 – 2 Bulten AB 17 –
196 Liberbank SA 73 0.01 5 Bure Equity AB 49 –
104 Mapfre SA 234 0.02 9 Byggmax Group AB 27 –
15 Mediaset Espana Comunicacion SA 82 0.01 6 Castellum AB 84 0.01
12 Melia Hotels International SA 93 0.01 2 Catena AB 28 –
1 Miquel y Costas & Miquel SA, Class A 16 – 5 Cavotec SA 8 –
2 Miquel y Costas & Miquel SA, Class B 27 – 4 Clas Ohlson AB 30 –
15 Naturgy Energy Group SA 283 0.02 12 Cloetta AB 27 –
11 Obrascon Huarte Lain SA 8 – 3 Concentric AB 32 –
5 Papeles y Cartones de Europa SA 81 0.01 2 Coor Service Management Holding AB 14 –
3 Pharma Mar SA 3 – 7 Dios Fastigheter AB 34 –
13 Promotora de Informaciones SA 22 – 28 Dometic Group AB 156 0.01
19 Prosegur Cia de Seguridad SA 79 0.01 2 Doro AB 6 –
10 Quabit Inmobiliaria SA 14 – 3 Duni AB 24 –
11 Realia Business SA 9 – 8 Dustin Group AB 58 –
15 Red Electrica Corp SA 248 0.02 3 Eastnine AB 23 –
44 Repsol SA 590 0.05 1 Elanders AB 12 –
37 Sacyr SA 68 0.01 5 Electrolux AB 89 0.01
11 Siemens Gamesa Renewable Energy SA 121 0.01 4 Elekta AB 35 –
8 Solaria Energia y Medio Ambiente SA 28 – 1 Enea AB 9 –
8 Talgo SA 34 – 6 Epiroc AB, Class A 36 –
2 Tecnicas Reunidas SA 47 – 4 Epiroc AB, Class B 22 –
73 Telefonica SA 512 0.04 13 Essity AB, Class A 264 0.02
8 Tubacex SA 21 – – Essity AB, Class B 8 –
2 Tubos Reunidos SA – – 9 Fabege AB 88 0.01
– Vidrala SA (non-voting rights) 4 – 2 Fagerhult AB 11 –
2 Vidrala SA (voting rights) 114 0.02 4 Fastighets AB Balder 81 0.01
4 Viscofan SA 180 0.02 2 FastPartner AB 12 –
11 Zardoya Otis SA 64 0.01 – Fenix Outdoor International AG 17 –
10,759 0.83 11 Fingerprint Cards AB 12 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 393
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Sweden - 0.89% (continued) Sweden - 0.89% (continued)
16 Getinge AB 126 0.01 6 Recipharm AB 67 0.01
8 Granges AB 63 – 17 Rottneros AB 14 –
2 Gunnebo AB 5 – 2 Saab AB 68 0.01
4 Haldex AB 27 – 2 Sagax AB 22 –
1 Heba Fastighets AB 9 – 17 Sandvik AB 201 0.02
2 Hembla AB 26 – 25 SAS AB 49 –
10 Hemfosa Fastigheter AB 60 – 9 Scandi Standard AB 43 –
8 Hennes & Mauritz AB 116 0.01 6 Scandic Hotels Group AB 43 –
3 Hexagon AB 118 0.01 1 Sectra AB 24 –
14 Hexpol AB 100 0.01 9 Securitas AB 113 0.01
6 HIQ International AB 27 – 2 Semcon AB 9 –
1 Hoist Finance AB 9 – 31 Skandinaviska Enskilda Banken AB 255 0.02
7 Holmen AB 121 0.01 9 Skanska AB 111 0.01
5 Hufvudstaden AB 63 – 1 SKF AB, Class A 10 –
3 Husqvarna AB, Class A 17 – 22 SKF AB, Class B 278 0.02
25 Husqvarna AB, Class B 156 0.01 3 SkiStar AB 49 –
3 ICA Gruppen AB 80 0.01 12 SSAB AB, Class A 35 –
5 Indutrade AB 96 0.01 28 SSAB AB, Class B 65 –
6 Intrum AB 126 0.01 1 Svenska Cellulosa AB SCA, Class A 10 –
5 Inwido AB 26 – 24 Svenska Cellulosa AB SCA, Class B 152 0.01
1 ITAB Shop Concept AB 2 – 32 Svenska Handelsbanken AB, Class A 276 0.02
8 JM AB 112 0.01 1 Svenska Handelsbanken AB, Class B 6 –
9 KappAhl AB 19 – 7 Sweco AB 120 0.01
15 Karo Pharma AB 47 – 21 Swedbank AB 391 0.04
8 Kindred Group PLC, SDR 63 – 3 Swedish Match AB 93 0.02
35 Klovern AB 32 – 6 Swedish Orphan Biovitrum AB 96 0.02
3 KNOW IT AB 39 – 1 Systemair AB 8 0.01
13 Kungsleden AB 69 0.01 37 Tele2 AB 363 0.04
6 Lagercrantz Group AB 51 – 44 Telefonaktiebolaget LM Ericsson 293 0.03
1 Lifco AB 28 – 91 Telia Co AB 331 0.04
6 Lindab International AB 37 – 8 Thule Group AB 112 0.02
8 Loomis AB 224 0.02 8 Trelleborg AB 106 0.02
2 Lundin Petroleum AB 46 – 4 Vitrolife AB 53 0.01
2 Medivir AB 6 – 47 Volvo AB (restricted voting rights) 510 0.05
2 Mekonomen AB 16 – 7 Volvo AB (voting rights) 80 0.02
4 Millicom International Cellular SA 180 0.01 9 Wallenstam AB 64 0.01
2 Momentum Group AB 16 – 9 Wihlborgs Fastigheter AB 83 0.02
4 MQ Holding AB 4 – 11,541 0.89
3 Mycronic AB 31 – Switzerland - 1.96%
5 NCC AB 62 – 58 ABB Ltd 929 0.07
2 Nederman Holding AB 18 – 10 Adecco Group AG 399 0.03
6 NetEnt AB 22 – 1 Allreal Holding AG 185 0.01
4 New Wave Group AB 18 – 1 Alpiq Holding AG 46 –
8 Nibe Industrier AB 67 0.01 1 ALSO Holding AG 62 –
12 Nobia AB 55 – 2 ams AG 33 –
15 Nobina AB 73 0.01 – APG SGA SA 29 –
2 Nolato AB 84 0.01 5 Arbonia AG 46 –
57 Nordea Bank Abp 400 0.03 75 Aryzta AG 79 0.01
2 NP3 Fastigheter AB 13 – 3 Ascom Holding AG 33 –
10 Nyfosa AB 36 – – Autoneum Holding AG 51 –
1 OEM International AB 12 – 3 Baloise Holding AG 382 0.03
34 Opus Group AB 16 – – Banque Cantonale de Geneve 22 –
2 Oriflame Holding AG 48 – – Banque Cantonale Vaudoise 146 0.01
5 Pandox AB 69 0.01 – Barry Callebaut AG 136 0.01
20 Peab AB 127 0.01 – Belimo Holding AG 116 0.01
3 Platzer Fastigheter Holding AB 17 – – Bell Food Group AG 55 –
17 Pricer AB 15 – 1 Bellevue Group AG 20 –
1 Proact IT Group AB 19 – – Berner Kantonalbank AG 81 0.01
12 Qliro Group AB 12 – – BFW Liegenschaften AG 17 –
6 Radisson Hospitality AB 18 – 1 BKW AG 63 –
24 Ratos AB 51 – 1 Bobst Group SA 73 0.01
2 RaySearch Laboratories AB 14 – 1 Bossard Holding AG 71 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 394
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Switzerland - 1.96% (continued) Switzerland - 1.96% (continued)
1 Bucher Industries AG 114 0.01 – Orell Fuessli Holding AG 5 –
– Burckhardt Compression Holding AG 67 0.01 – Orior AG 22 –
– Burkhalter Holding AG 12 – 1 Panalpina Welttransport Holding AG 109 0.01
– Calida Holding AG 11 – – Partners Group Holding AG 226 0.02
– Carlo Gavazzi Holding AG 9 – – Phoenix Mecano AG 23 –
3 Cembra Money Bank AG 199 0.02 – Plazza AG 20 –
– Cham Group AG 12 – 2 PSP Swiss Property AG 167 0.01
– Chocoladefabriken Lindt & Spruengli AG 63 – – Rieter Holding AG 27 –
– Cicor Technologies Ltd 9 – 7 Roche Holding AG (non-voting rights) 1,459 0.11
7 Cie Financiere Richemont SA 359 0.03 – Roche Holding AG (voting rights) 53 –
– Cie Financiere Tradition SA 16 – – Romande Energie Holding SA 19 –
19 Clariant AG 299 0.02 – Schaffner Holding AG 3 –
– Coltene Holding AG 32 – – Schindler Holding AG 54 –
– Conzzeta AG 71 0.01 61 Schmolz & Bickenbach AG 29 –
52 Credit Suisse Group AG 482 0.04 – Schweiter Technologies AG 77 0.01
1 Daetwyler Holding AG 76 0.01 2 SFS Group AG 144 0.01
3 DKSH Holding AG 135 0.01 – SGS SA 151 0.01
– dormakaba Holding AG 104 0.01 – Siegfried Holding AG 102 0.01
– Dottikon Es Holding AG 6 – 6 Sika AG 596 0.05
3 Dufry AG 230 0.02 2 Sonova Holding AG 239 0.02
11 EFG International AG 58 – – St Galler Kantonalbank AG 96 0.01
– Emmi AG 137 0.01 – Straumann Holding AG 196 0.02
– EMS-Chemie Holding AG 78 0.01 2 Sulzer AG 111 0.01
1 Energiedienst Holding AG 13 – 5 Sunrise Communications Group AG 333 0.03
39 Evolva Holding SA 7 – 1 Swatch Group AG (Bearer) 267 0.02
– Feintool International Holding AG 8 – 2 Swatch Group AG (Registered) 92 0.01
2 Flughafen Zurich AG 204 0.02 1 Swiss Life Holding AG 344 0.03
– Forbo Holding AG 193 0.01 5 Swiss Prime Site AG 304 0.02
16 GAM Holding AG 64 – 6 Swiss Re AG 446 0.03
1 Geberit AG 184 0.01 2 Swisscom AG 609 0.05
1 Georg Fischer AG 319 0.02 1 Swissquote Group Holding SA 28 –
– Givaudan SA 498 0.04 – Tamedia AG 10 –
– Gurit Holding AG 32 – 1 Tecan Group AG 89 0.01
1 Helvetia Holding AG 330 0.03 3 Temenos AG 248 0.02
– Hiag Immobilien Holding AG 18 – – Thurgauer Kantonalbank 11 –
– HOCHDORF Holding AG 15 – 1 u-blox Holding AG 63 –
2 Huber & Suhner AG 88 0.01 78 UBS Group AG 834 0.06
– Hypothekarbank Lenzburg AG 11 – 2 Valiant Holding AG 132 0.01
2 Implenia AG 62 – – Valora Holding AG 66 0.01
– Inficon Holding AG 102 0.01 1 VAT Group AG 104 0.01
– Interroll Holding AG 113 0.01 – Vaudoise Assurances Holding SA 35 –
– Intershop Holding AG 32 – – Vetropack Holding AG 34 –
9 Julius Baer Group Ltd 273 0.02 3 Vifor Pharma AG 259 0.02
– Jungfraubahn Holding AG 15 – 3 Vontobel Holding AG 113 0.01
1 Kardex AG 68 0.01 – VP Bank AG 29 –
– Komax Holding AG 87 0.01 – VZ Holding AG 39 0.01
3 Kudelski SA 15 – – Walliser Kantonalbank 31 0.01
1 Kuehne & Nagel International AG 83 0.01 – Warteck Invest AG 18 0.01
10 LafargeHolcim Ltd 346 0.03 – Ypsomed Holding AG 25 0.01
– LEM Holding SA 23 – 1 Zehnder Group AG 31 0.01
1 Liechtensteinische Landesbank AG 64 – – Zug Estates Holding AG 22 –
8 Logitech International SA 207 0.02 – Zuger Kantonalbank AG 38 –
3 Lonza Group AG 730 0.06 4 Zurich Insurance Group AG 936 0.07
– Luzerner Kantonalbank AG 92 0.01 25,461 1.96
1 Meier Tobler Group AG 7 – Taiwan - 1.71%
– Metall Zug AG 36 – 26 A-DATA Technology Co Ltd 26 –
3 Mobilezone Holding AG 26 – 22 Ability Enterprise Co Ltd 8 –
1 Mobimo Holding AG 111 0.01 14 Ability Opto-Electronics Technology Co Ltd 18 –
46 Nestle SA 3,111 0.24 37 AcBel Polytech Inc 18 –
35 Novartis AG 2,509 0.19 33 Accton Technology Corp 83 0.01
19 OC Oerlikon Corp AG 177 0.01 199 Acer Inc 102 0.01
1 Orascom Development Holding AG 17 – 5 Acter Co Ltd 21 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 395
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Taiwan - 1.71% (continued) Taiwan - 1.71% (continued)
8 Actron Technology Corp 19 – 32 Charoen Pokphand Enterprise 37 –
11 Adlink Technology Inc 9 – 8 Chaun-Choung Technology Corp 20 –
3 Advanced Ceramic X Corp 18 – 13 CHC Healthcare Group 11 –
16 Advanced International Multitech Co Ltd 15 – 8 CHC Resources Corp 10 –
12 Advanced Wireless Semiconductor Co 12 – 13 Chen Full International Co Ltd 11 –
7 Advantech Co Ltd 39 – 11 Chenbro Micom Co Ltd 12 –
56 Aerospace Industrial Development Corp 44 – 93 Cheng Loong Corp 52 –
53 AGV Products Corp 10 – 41 Cheng Mei Materials Technology Corp 11 –
8 Airtac International Group 69 0.01 97 Cheng Shin Rubber Industry Co Ltd 105 0.01
7 Alchip Technologies Ltd 15 – 35 Cheng Uei Precision Industry Co Ltd 22 –
50 ALI Corp 15 – 49 Chia Hsin Cement Corp 18 –
12 All Ring Tech Co Ltd 14 – 6 Chian Hsing Forging Industrial Co Ltd 8 –
7 Alltop Technology Co Ltd 9 – 31 Chicony Electronics Co Ltd 48 –
20 Alpha Networks Inc 8 – 18 Chicony Power Technology Co Ltd 20 –
23 Altek Corp 16 – 8 Chieftek Precision Co Ltd 16 –
12 Amazing Microelectronic Corp 22 – 17 Chilisin Electronics Corp 36 –
24 Ambassador Hotel 15 – 42 Chin-Poon Industrial Co Ltd 41 –
68 AmTRAN Technology Co Ltd 21 – 342 China Airlines Ltd 96 0.01
10 Anpec Electronics Corp 16 – 97 China Bills Finance Corp 32 –
23 APCB Inc 16 – 34 China Chemical & Pharmaceutical Co Ltd 16 –
16 Apex Biotechnology Corp 12 – 424 China Development Financial Holding Corp 109 0.01
22 Apex International Co Ltd 20 – 35 China Electric Manufacturing Corp 8 –
14 Arcadyan Technology Corp 24 – 56 China General Plastics Corp 31 –
52 Ardentec Corp 40 – 99 China Life Insurance Co Ltd 74 0.01
90 ASE Industrial Holding Co Ltd 143 0.01 124 China Man-Made Fiber Corp 31 –
13 ASE Industrial Holding Co Ltd, ADR 39 – 15 China Metal Products 12 –
95 Asia Cement Corp 82 0.01 49 China Motor Corp 29 –
20 Asia Optical Co Inc 34 – 168 China Petrochemical Development Corp 51 –
150 Asia Pacific Telecom Co Ltd 29 – 6 China Steel Chemical Corp 20 –
51 Asia Polymer Corp 16 – 295 China Steel Corp 181 0.01
37 Asia Vital Components Co Ltd 22 – 21 Chinese Maritime Transport Ltd 16 –
2 ASMedia Technology Inc 25 – 16 Ching Feng Home Fashions Co Ltd 7 –
2 ASPEED Technology Inc 29 – 55 Chipbond Technology Corp 84 0.01
22 Asustek Computer Inc 123 0.01 24 ChipMOS Technologies Inc 17 –
9 Aten International Co Ltd 19 – 6 Chlitina Holding Ltd 37 –
644 AU Optronics Corp 207 0.02 20 Chong Hong Construction Co Ltd 40 –
9 Audix Corp 8 – 11 Chroma ATE Inc 34 –
7 AURAS Technology Co Ltd 14 – 58 Chun Yuan Steel 15 –
10 Aurora Corp 24 – 109 Chung Hung Steel Corp 32 –
14 AVY Precision Technology Inc 12 – 65 Chung Hwa Pulp Corp 16 –
12 Axiomtek Co Ltd 16 – 37 Chung-Hsin Electric & Machinery Manufacturing
Corp 19 –
48 Bank of Kaohsiung Co Ltd 11 –
1 Chunghwa Precision Test Tech Co Ltd 12 –
13 Basso Industry Corp 16 –
15 Chunghwa Telecom Co Ltd 41 –
86 BES Engineering Corp 17 –
1 Chunghwa Telecom Co Ltd, ADR 16 –
8 Bin Chuan Enterprise Co Ltd 3 –
12 Chyang Sheng Dyeing & Finishing Co Ltd 4 –
4 Bioteque Corp 9 –
6 Cleanaway Co Ltd 26 –
10 Bizlink Holding Inc 51 –
42 Clevo Co 33 –
13 Browave Corp 12 –
258 CMC Magnetics Corp 46 –
20 C Sun Manufacturing Ltd 13 –
21 Co-Tech Development Corp 16 –
12 Capital Futures Corp 13 –
269 Compal Electronics Inc 121 0.01
151 Capital Securities Corp 36 –
115 Compeq Manufacturing Co Ltd 60 –
11 Casetek Holdings Ltd 12 –
17 Compucase Enterprise 11 –
29 Catcher Technology Co Ltd 197 0.02
54 Concord Securities Co Ltd 10 –
168 Cathay Financial Holding Co Ltd 209 0.02
3 Concraft Holding Co Ltd 13 –
57 Cathay Real Estate Development Co Ltd 29 –
33 Continental Holdings Corp 12 –
4 Cayman Engley Industrial Co Ltd 14 –
6 Coremax Corp 14 –
21 Center Laboratories Inc 40 –
34 Coretronic Corp 34 –
74 Chailease Holding Co Ltd 182 0.01
15 Coxon Precise Industrial Co Ltd 7 –
178 Chang Hwa Commercial Bank Ltd 80 0.01
272 CTBC Financial Holding Co Ltd 142 0.01
3 Chang Wah Electromaterials Inc 10 –
52 CTCI Corp 60 –
2 Chang Wah Technology Co Ltd 15 –
5 Cub Elecparts Inc 30 –
22 Channel Well Technology Co Ltd 13 –
7 Cyberlink Corp 12 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 396
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Taiwan - 1.71% (continued) Taiwan - 1.71% (continued)
6 CyberPower Systems Inc 12 – 48 Formosan Union Chemical 20 –
27 CyberTAN Technology Inc 10 – 54 Foxconn Technology Co Ltd 87 0.01
37 D-Link Corp 10 – 6 Foxsemicon Integrated Technology Inc 19 –
28 DA CIN Construction Co Ltd 14 – 38 Froch Enterprise Co Ltd 13 –
14 Da-Li Development Co Ltd 9 – 24 FSP Technology Inc 12 –
3 Dadi Early-Childhood Education Group Ltd 17 – 175 Fubon Financial Holding Co Ltd 218 0.02
20 Darfon Electronics Corp 22 – 8 Fulgent Sun International Holding Co Ltd 10 –
29 Darwin Precisions Corp 13 – 34 Fulltech Fiber Glass Corp 14 –
9 Daxin Materials Corp 16 – 16 G Shank Enterprise Co Ltd 10 –
31 De Licacy Industrial Co Ltd 16 – 27 Gallant Precision Machining Co Ltd 17 –
51 Delta Electronics Inc 168 0.01 12 Gamania Digital Entertainment Co Ltd 23 –
13 Depo Auto Parts Ind Co Ltd 23 – 4 GEM Services Inc 8 –
13 Dynapack International Technology Corp 14 – 43 Gemtek Technology Corp 24 –
57 E Ink Holdings Inc 46 – 20 General Interface Solution Holding Ltd 53 –
9 E-LIFE MALL Corp 14 – 12 Genesys Logic Inc 10 –
297 E.Sun Financial Holding Co Ltd 158 0.01 6 Genius Electronic Optical Co Ltd 34 –
40 Eastern Media International Corp 14 – 36 Getac Technology Corp 35 –
6 Eclat Textile Co Ltd 61 – 12 Giant Manufacturing Co Ltd 44 –
5 ECOVE Environment Corp 22 – 29 Giantplus Technology Co Ltd 8 –
9 Egis Technology Inc 38 – 46 Gigabyte Technology Co Ltd 46 –
21 Elan Microelectronics Corp 38 – 5 Gigasolar Materials Corp 12 –
19 Elite Advanced Laser Corp 30 – 28 Gigastorage Corp 6 –
26 Elite Material Co Ltd 49 – 3 Ginko International Co Ltd 17 –
20 Elite Semiconductor Memory Technology Inc 17 – 49 Global Brands Manufacture Ltd 17 –
13 Elitegroup Computer Systems Co Ltd 4 – 15 Global Lighting Technologies Inc 13 –
5 eMemory Technology Inc 33 – 7 Global Mixed Mode Technology Inc 12 –
3 Ennoconn Corp 21 – 3 Global PMX Co Ltd 8 –
35 EnTie Commercial Bank Co Ltd 11 – 3 Global Unichip Corp 15 –
87 Epistar Corp 60 – 8 Globalwafers Co Ltd 75 0.01
54 Eternal Materials Co Ltd 33 – 36 Globe Union Industrial Corp 15 –
63 Etron Technology Inc 15 – 31 Gloria Material Technology Corp 13 –
6 Eurocharm Holdings Co Ltd 14 – 80 Gold Circuit Electronics Ltd 25 –
253 Eva Airways Corp 104 0.01 96 Goldsun Building Materials Co Ltd 20 –
33 Everest Textile Co Ltd 10 – 5 Gourmet Master Co Ltd 32 –
53 Evergreen International Storage & Transport Corp 18 – 85 Grand Pacific Petrochemical 49 –
186 Evergreen Marine Corp Taiwan Ltd 55 – 4 Grand Plastic Technology Corp 11 –
22 Everlight Chemical Industrial Corp 9 – 8 Grape King Bio Ltd 40 –
32 Everlight Electronics Co Ltd 25 – 20 Great China Metal Industry 12 –
13 Excelsior Medical Co Ltd 15 – 56 Great Wall Enterprise Co Ltd 46 –
103 Far Eastern Department Stores Ltd 42 – 26 Greatek Electronics Inc 28 –
178 Far Eastern International Bank 47 – 6 Green Seal Holding Ltd 5 –
139 Far Eastern New Century Corp 101 0.01 37 Hannstar Board Corp 23 –
40 Far EasTone Telecommunications Co Ltd 74 0.01 309 HannStar Display Corp 59 –
37 Farglory Land Development Co Ltd 34 – 50 HannsTouch Solution Inc 11 –
42 Federal Corp 13 – 35 Hey Song Corp 26 –
45 Feng Hsin Steel Co Ltd 68 0.01 62 Highwealth Construction Corp 75 0.01
12 Feng TAY Enterprise Co Ltd 62 – 8 HIM International Music Inc 17 –
301 First Financial Holding Co Ltd 153 0.01 7 Hiroca Holdings Ltd 13 –
26 First Insurance Co Ltd 10 – 32 Hitron Technology Inc 17 –
72 First Steamship Co Ltd 19 – 15 Hiwin Technologies Corp 94 0.01
31 FLEXium Interconnect Inc 63 – 62 Ho Tung Chemical Corp 10 –
12 Flytech Technology Co Ltd 22 – 11 Holtek Semiconductor Inc 17 –
22 FocalTech Systems Co Ltd 15 – 18 Holy Stone Enterprise Co Ltd 56 –
21 Formosa Advanced Technologies Co Ltd 17 – 245 Hon Hai Precision Industry Co Ltd 452 0.03
45 Formosa Chemicals & Fibre Corp 123 0.01 23 Hong Pu Real Estate Development Co Ltd 12 –
4 Formosa International Hotels Corp 15 – 9 Hota Industrial Manufacturing Co Ltd 28 –
9 Formosa Laboratories Inc 9 – 7 Hotai Motor Co Ltd 42 –
16 Formosa Petrochemical Corp 46 – 10 Hotron Precision Electronic Industrial Co Ltd 10 –
35 Formosa Plastics Corp 90 0.01 17 Hsin Kuang Steel Co Ltd 14 –
6 Formosa Sumco Technology Corp 22 – 44 HTC Corp 51 –
62 Formosa Taffeta Co Ltd 53 – 6 Hu Lane Associate Inc 11 –
48 Formosan Rubber Group Inc 19 – 42 HUA ENG Wire & Cable Co Ltd 11 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 397
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Taiwan - 1.71% (continued) Taiwan - 1.71% (continued)
242 Hua Nan Financial Holdings Co Ltd 109 0.01 12 Lumax International Corp Ltd 20 –
19 Huaku Development Co Ltd 31 – 14 Lung Yen Life Service Corp 21 –
12 Huang Hsiang Construction Corp 7 – 4 Macauto Industrial Co Ltd 8 –
26 Hung Ching Development & Construction Co Ltd 15 – 3 Machvision Inc 31 –
70 Hung Sheng Construction Ltd 46 – 191 Macronix International 101 0.01
15 I-Sheng Electric Wire & Cable Co Ltd 15 – 19 Makalot Industrial Co Ltd 89 0.01
15 Ibase Technology Inc 14 – 7 Materials Analysis Technology Inc 11 –
33 Ichia Technologies Inc 13 – 14 MediaTek Inc 85 0.01
20 IEI Integration Corp 16 – 367 Mega Financial Holding Co Ltd 240 0.02
11 Innodisk Corp 29 – 51 Mercuries & Associates Holding Ltd 25 –
918 Innolux Corp 241 0.02 108 Mercuries Life Insurance Co Ltd 36 –
4 Integrated Service Technology Inc 5 – 17 Merry Electronics Co Ltd 56 –
49 International CSRC Investment Holdings Co 51 – 44 Micro-Star International Co Ltd 82 0.01
6 International Games System Co Ltd 23 – 27 Microbio Co Ltd 10 –
156 Inventec Corp 88 0.01 14 MIN AIK Technology Co Ltd 6 –
5 Iron Force Industrial Co Ltd 10 – 24 Mirle Automation Corp 28 –
17 ITE Technology Inc 14 – 47 Mitac Holdings Corp 34 –
29 ITEQ Corp 36 – 3 momo.com Inc 15 –
5 Jih Lin Technology Co Ltd 9 – 25 Motech Industries Inc 6 –
145 Jih Sun Financial Holdings Co Ltd 33 – 8 MPI Corp 11 –
20 Jinli Group Holdings Ltd 10 – 8 Nak Sealing Technologies Corp 14 –
9 Jourdeness Group Ltd 22 – 14 Namchow Holdings Co Ltd 17 –
9 Kaimei Electronic Corp 10 – 23 Nan Kang Rubber Tire Co Ltd 16 –
7 Kaori Heat Treatment Co Ltd 7 – 3 Nan Liu Enterprise Co Ltd 13 –
6 Kayee International Group Co Ltd 18 – 65 Nan Ya Plastics Corp 123 0.01
34 KEE TAI Properties Co Ltd 11 – 28 Nan Ya Printed Circuit Board Corp 22 –
37 Kenda Rubber Industrial Co Ltd 29 – 29 Nantex Industry Co Ltd 21 –
15 Kerry TJ Logistics Co Ltd 13 – 33 Nanya Technology Corp 52 –
37 Kindom Construction Corp 18 – 13 Netronix Inc 12 –
3 King Slide Works Co Ltd 26 – 10 Nichidenbo Corp 14 –
122 King Yuan Electronics Co Ltd 66 0.01 10 Nien Hsing Textile Co Ltd 7 –
65 King's Town Bank Co Ltd 53 – 9 Nien Made Enterprise Co Ltd 52 –
8 Kinik Co 11 – 26 Novatek Microelectronics Corp 86 0.01
19 Kinko Optical Co Ltd 14 – 13 Nuvoton Technology Corp 16 –
81 Kinpo Electronics 20 – 69 O-Bank Co Ltd 14 –
20 Kinsus Interconnect Technology Corp 23 – 24 Ocean Plastics Co Ltd 16 –
8 KMC Kuei Meng International Inc 22 – 3 On-Bright Electronics Inc 15 –
15 KS Terminals Inc 17 – 59 OptoTech Corp 28 –
5 Kung Long Batteries Industrial Co Ltd 18 – 61 Orient Semiconductor Electronics Ltd 11 –
38 Kung Sing Engineering Corp 9 – 58 Oriental Union Chemical Corp 38 –
24 Kuo Toong International Co Ltd 12 – 7 P-Duke Technology Co Ltd 13 –
48 Kuoyang Construction Co Ltd 17 – 9 Pacific Hospital Supply Co Ltd 16 –
62 KYE Systems Corp 15 – 42 Pan Jit International Inc 34 –
14 L&K Engineering Co Ltd 10 – 19 Pan-International Industrial Corp 10 –
3 LandMark Optoelectronics Corp 20 – 6 Parade Technologies Ltd 70 0.01
8 Lanner Electronics Inc 9 – 4 PCL Technologies Inc 7 –
1 Largan Precision Co Ltd 87 0.01 104 Pegatron Corp 139 0.01
35 LCY Chemical Corp 47 – 5 PharmaEngine Inc 14 –
75 Lealea Enterprise Co Ltd 19 – 2 Pharmally International Holding Co Ltd 10 –
17 Lelon Electronics Corp 20 – 27 Phihong Technology Co Ltd 7 –
21 Lextar Electronics Corp 10 – 13 Phison Electronics Corp 83 0.01
7 Li Cheng Enterprise Co Ltd 8 – 7 Pixart Imaging Inc 17 –
72 Li Peng Enterprise Co Ltd 15 – 11 Polytronics Technology Corp 16 –
7 Lida Holdings Ltd 10 – 5 Posiflex Technology Inc 12 –
47 Lien Hwa Industrial Corp 36 – 226 Pou Chen Corp 193 0.01
54 Lingsen Precision Industries Ltd 13 – 71 Powertech Technology Inc 131 0.01
6 Lion Travel Service Co Ltd 14 – 3 Poya International Co Ltd 23 –
35 Lite-On Semiconductor Corp 28 – 11 President Chain Store Corp 89 0.01
181 Lite-On Technology Corp 189 0.01 73 President Securities Corp 24 –
37 Long Bon International Co Ltd 17 – 37 Primax Electronics Ltd 44 –
76 Long Chen Paper Co Ltd 33 – 106 Prince Housing & Development Corp 29 –
4 Lotes Co Ltd 20 – 21 Promate Electronic Co Ltd 15 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 398
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Taiwan - 1.71% (continued) Taiwan - 1.71% (continued)
12 Prosperity Dielectrics Co Ltd 21 – 8 Symtek Automation Asia Co Ltd 11 –
146 Qisda Corp 71 0.01 13 Syncmold Enterprise Corp 22 –
5 QST International Corp 10 – 72 Synnex Technology International Corp 66 0.01
4 Quang Viet Enterprise Co Ltd 11 – 16 Systex Corp 26 –
101 Quanta Computer Inc 129 0.01 80 TA Chen Stainless Pipe 87 0.01
13 Quanta Storage Inc 8 – 7 Ta Liang Technology Co Ltd 8 –
40 Radiant Opto-Electronics Corp 86 0.01 71 Ta Ya Electric Wire & Cable 20 –
35 Radium Life Tech Co Ltd 14 – 4 Ta Yih Industrial Co Ltd 6 –
4 Rafael Microelectronics Inc 14 – 178 Taichung Commercial Bank Co Ltd 46 –
25 Realtek Semiconductor Corp 91 0.01 3 TaiDoc Technology Corp 13 –
28 Rechi Precision Co Ltd 17 – 23 Taiflex Scientific Co Ltd 22 –
38 Rich Development Co Ltd 9 – 4 TaiMed Biologics Inc 17 –
9 RichWave Technology Corp 12 – 13 Taimide Tech Inc 17 –
81 Roo Hsing Co Ltd 28 – 23 Tainan Enterprises Co Ltd 10 –
37 Ruentex Development Co Ltd 46 – 79 Tainan Spinning Co Ltd 25 –
20 Ruentex Industries Ltd 46 – 336 Taishin Financial Holding Co Ltd 116 0.01
11 Run Long Construction Co Ltd 16 – 17 Taisun Enterprise Co Ltd 7 –
4 Samebest Co Ltd 14 – 302 Taiwan Business Bank 81 0.01
48 Sampo Corp 16 – 182 Taiwan Cement Corp, Class A 161 0.01
17 San Fang Chemical Industry Co Ltd 10 – 6 Taiwan Cement Corp, Class B – –
11 San Shing Fastech Corp 14 – 13 Taiwan Chinsan Electronic Industrial Co Ltd 14 –
28 Sanyang Motor Co Ltd 15 – 32 Taiwan Cogeneration Corp 21 –
8 Scientech Corp 12 – 287 Taiwan Cooperative Financial Holding Co Ltd 131 0.01
13 SDI Corp 25 – 3 Taiwan FamilyMart Co Ltd 16 –
4 Senao Networks Inc 10 – 47 Taiwan Fertilizer Co Ltd 53 –
21 Sercomm Corp 34 – 23 Taiwan Fire & Marine Insurance Co Ltd 12 –
20 Sesoda Corp 13 – 19 Taiwan FU Hsing Industrial Co Ltd 17 –
21 Sheng Yu Steel Co Ltd 11 – 88 Taiwan Glass Industry Corp 31 –
17 Shihlin Electric & Engineering Corp 18 – 18 Taiwan High Speed Rail Corp 14 –
515 Shin Kong Financial Holding Co Ltd 138 0.01 29 Taiwan Hon Chuan Enterprise Co Ltd 34 –
16 Shin Zu Shing Co Ltd 35 – 84 Taiwan Land Development Corp 18 –
44 Shining Building Business Co Ltd 12 – 16 Taiwan Mobile Co Ltd 44 –
28 Shinkong Insurance Co Ltd 25 – 27 Taiwan Navigation Co Ltd 14 –
110 Shinkong Synthetic Fibers Corp 31 – 28 Taiwan Paiho Ltd 40 –
8 Shinkong Textile Co Ltd 9 – 27 Taiwan PCB Techvest Co Ltd 20 –
10 Shiny Chemical Industrial Co Ltd 22 – 12 Taiwan Prosperity Chemical Corp 8 –
37 Sigurd Microelectronics Corp 28 – 17 Taiwan Pulp & Paper Corp 8 –
2 Silergy Corp 25 – 14 Taiwan Sakura Corp 13 –
76 Silicon Integrated Systems Corp 18 – 14 Taiwan Secom Co Ltd 32 –
12 Simplo Technology Co Ltd 57 – 33 Taiwan Semiconductor Co Ltd 48 –
19 Sinbon Electronics Co Ltd 38 – 182 Taiwan Semiconductor Manufacturing Co Ltd 1,055 0.08
30 Sincere Navigation Corp 12 – 17 Taiwan Semiconductor Manufacturing Co Ltd, ADR 505 0.04
9 Sinher Technology Inc 11 – 16 Taiwan Shin Kong Security Co Ltd 14 –
3 Sinmag Equipment Corp 10 – 49 Taiwan Styrene Monomer 30 –
47 Sino-American Silicon Products Inc 102 0.01 26 Taiwan Surface Mounting Technology Corp 24 –
24 Sinon Corp 10 – 78 Taiwan TEA Corp 34 –
467 SinoPac Financial Holdings Co Ltd 127 0.01 24 Taiwan Union Technology Corp 60 –
18 Sinphar Pharmaceutical Co Ltd 9 – 82 Tatung Co Ltd 85 0.01
20 Sinyi Realty Inc 15 – 5 TCI Co Ltd 68 0.01
14 Sirtec International Co Ltd 8 – 129 Teco Electric and Machinery Co Ltd 57 –
13 Sitronix Technology Corp 37 – 2 Tehmag Foods Corp 10 –
12 Soft-World International Corp 22 – 12 Test Research Inc 15 –
32 Solar Applied Materials Technology Co 16 – 29 Test Rite International Co Ltd 16 –
22 Song Shang Electronics Co Ltd 9 – 11 Thinking Electronic Industrial Co Ltd 23 –
7 Sporton International Inc 23 – 16 Thye Ming Industrial Co Ltd 13 –
4 St Shine Optical Co Ltd 57 – 78 Ton Yi Industrial Corp 25 –
28 Standard Foods Corp 35 – 12 Tong Hsing Electronic Industries Ltd 35 –
5 Sunny Friend Environmental Technology Co Ltd 28 – 37 Tong Yang Industry Co Ltd 37 –
29 Sunonwealth Electric Machine Industry Co Ltd 29 – 26 Tong-Tai Machine & Tool Co Ltd 12 –
53 Sunplus Technology Co Ltd 16 – 7 TOPBI International Holdings Ltd 15 –
14 Sunspring Metal Corp 12 – 16 Topco Scientific Co Ltd 29 –
33 Supreme Electronics Co Ltd 25 – 6 Topkey Corp 14 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 399
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Taiwan - 1.71% (continued) Taiwan - 1.71% (continued)
9 Toung Loong Textile Manufacturing 9 – 26 Yea Shin International Development Co Ltd 11 0.01
33 TPK Holding Co Ltd 45 – 5 Yeong Guan Energy Technology Group Co Ltd 6 0.01
15 Transcend Information Inc 26 – 8 YFC-Boneagle Electric Co Ltd 6 0.01
40 Tripod Technology Corp 85 0.01 109 YFY Inc 32 0.01
4 TSC Auto ID Technology Co Ltd 21 – 91 Yieh Phui Enterprise Co Ltd 23 0.01
65 TSEC Corp 12 – 9 Yonyu Plastics Co Ltd 8 0.01
41 TSRC Corp 29 – 9 Youngtek Electronics Corp 9 0.01
19 TTY Biopharm Co Ltd 39 – 413 Yuanta Financial Holding Co Ltd 166 0.02
61 Tung Ho Steel Enterprise Corp 33 – 16 Yulon Finance Corp 37 0.01
7 Tung Thih Electronic Co Ltd 11 – 68 Yulon Motor Co Ltd 31 0.01
7 TURVO International Co Ltd 13 – 10 Yung Chi Paint & Varnish Manufacturing Co Ltd 18 0.01
4 TWi Pharmaceuticals Inc 6 – 16 Yungshin Construction & Development Co Ltd 13 0.01
28 TXC Corp 25 – 14 YungShin Global Holding Corp 14 0.01
33 TYC Brother Industrial Co Ltd 22 – 25 Yungtay Engineering Co Ltd 37 0.01
41 Tycoons Group Enterprise 7 – 6 Zeng Hsing Industrial Co Ltd 22 0.01
50 Tyntek Corp 23 – 20 Zenitron Corp 11 0.01
45 U-Ming Marine Transport Corp 37 0.01 45 Zhen Ding Technology Holding Ltd 90 0.02
93 Uni-President Enterprises Corp 172 0.02 58 Zig Sheng Industrial Co Ltd 13 0.01
103 Unimicron Technology Corp 56 0.01 19 Zinwell Corp 7 0.01
71 Union Bank Of Taiwan 18 0.01 11 Zippy Technology Corp 8 0.01
51 Unitech Printed Circuit Board Corp 20 0.01 16 ZongTai Real Estate Development Co Ltd 6 0.01
25 United Integrated Services Co Ltd 41 0.01 22,294 1.71
768 United Microelectronics Corp 225 0.03 Thailand - 0.33%
187 United Renewable Energy Co Ltd 42 0.01 8 Advanced Info Service PCL 33 –
35 Unity Opto Technology Co Ltd 8 0.01 9 AEON Thana Sinsap Thailand PCL 39 –
30 Universal Cement Corp 15 0.01 34 Airports of Thailand PCL 52 –
5 Universal Microwave Technology Inc 10 0.01 1 Alucon PCL 2 –
36 Unizyx Holding Corp 11 0.01 33 Amata Corp PCL 19 –
85 UPC Technology Corp 27 0.01 78 Ananda Development PCL 7 –
76 USI Corp 23 0.01 149 AP Thailand PCL 24 –
7 Utechzone Co Ltd 12 0.01 163 Asia Aviation PCL 17 –
59 Vanguard International Semiconductor Corp 98 0.02 125 Asia Plus Group Holdings PCL 10 –
5 VHQ Media Holdings Ltd 16 0.01 44 Bangchak Corp PCL 36 –
16 Victory New Materials Ltd Co 8 0.01 40 Bangkok Airways PCL 12 –
17 Visual Photonics Epitaxy Co Ltd 26 0.01 13 Bangkok Aviation Fuel Services PCL 10 –
4 Vivotek Inc 11 0.01 3 Bangkok Bank PCL, NVDR 14 –
2 Voltronic Power Technology Corp 28 0.01 103 Bangkok Chain Hospital PCL 45 –
16 Wafer Works Corp 18 0.01 38 Bangkok Dusit Medical Services PCL 24 –
21 Wah Lee Industrial Corp 27 0.01 252 Bangkok Expressway & Metro PCL 53 –
187 Walsin Lihwa Corp 89 0.02 3 Bangkok Insurance PCL 27 –
48 Walsin Technology Corp 231 0.03 633 Bangkok Land PCL 26 –
44 Walton Advanced Engineering Inc 12 0.01 14 Bangkok Life Assurance PCL 10 –
52 Wan Hai Lines Ltd 21 0.01 10 Bangkok Life Assurance PCL, NVDR 7 –
187 Waterland Financial Holdings Co Ltd 48 0.01 138 Banpu PCL 56 –
27 Wei Chuan Foods Corp 15 0.01 13 Banpu Power PCL 7 –
38 Weikeng Industrial Co Ltd 18 0.01 158 Beauty Community PCL 34 –
13 Well Shin Technology Co Ltd 17 0.01 99 BEC World PCL 13 –
22 Win Semiconductors Corp 70 0.02 17 Berli Jucker PCL 22 –
347 Winbond Electronics Corp 134 0.02 375 Big Camera Corp PCL 12 –
29 Wisdom Marine Lines Co Ltd 21 0.01 105 BTS Group Holdings PCL 24 –
190 Wistron Corp 95 0.02 4 Bumrungrad Hospital PCL 19 –
34 Wistron NeWeb Corp 66 0.02 231 Cal-Comp Electronics Thailand PCL 10 –
8 Wowprime Corp 17 0.01 19 Central Pattana PCL 35 –
94 WPG Holdings Ltd 90 0.02 27 Central Plaza Hotel PCL 27 –
42 WT Microelectronics Co Ltd 43 0.01 19 CH Karnchang PCL 12 –
27 WUS Printed Circuit Co Ltd 11 0.01 138 Charoen Pokphand Foods PCL 82 0.01
13 XAC Automation Corp 9 0.01 616 Chularat Hospital PCL 30 –
4 Xxentria Technology Materials Corp 7 0.01 863 CIMB Thai Bank PCL 17 –
13 Yageo Corp 128 0.02 282 CK Power PCL 34 –
136 Yang Ming Marine Transport Corp 32 0.01 42 Com7 PCL 19 –
40 YC Co Ltd 14 0.01 34 CP ALL PCL 56 –
22 YC INOX Co Ltd 14 0.01 20 Delta Electronics Thailand PCL 33 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 400
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Thailand - 0.33% (continued) Thailand - 0.33% (continued)
33 Dhipaya Insurance PCL 18 – 31 Samart Corp PCL 5 –
213 Dynasty Ceramic PCL 11 – 602 Sansiri PCL 19 –
66 Eastern Polymer Group PCL 12 – 12 Sappe PCL 5 –
Eastern Water Resources Development and 145 SC Asset Corp PCL 12 –
33 Management PCL 9 –
2 Siam Cement PCL 18 –
5 Electricity Generating PCL 27 –
2 Siam City Cement PCL 9 –
55 Energy Absolute PCL 63 –
29 Siam Commercial Bank PCL 97 0.01
123 Energy Earth PCL 1 –
122 Siam Future Development PCL 23 –
103 Erawan Group PCL 17 –
40 Siam Global House PCL 19 –
134 Esso Thailand PCL 39 –
75 Siamgas & Petrochemicals PCL 16 –
53 GFPT PCL 18 –
207 Singha Estate PCL 16 –
34 Global Green Chemicals PCL 9 –
19 Somboon Advance Technology PCL 8 –
25 Global Power Synergy PCL 33 –
51 SPCG PCL 24 –
16 Glow Energy PCL 33 –
57 Sri Trang Agro-Industry PCL 22 –
89 Golden Land Property Development PCL 18 –
53 Srisawad Corp PCL 64 –
14 Group Lease PCL, NVDR 2 –
140 Star Petroleum Refining PCL 40 –
34 Hana Microelectronics PCL 28 –
36 STP & I PCL 4 –
122 Home Product Center PCL 44 –
43 Supalai PCL 21 –
37 Indorama Ventures PCL 47 –
1,179 Super Energy Corp PCL 16 –
12 Intouch Holdings PCL 14 –
131 SVI PCL 16 –
496 IRPC PCL 72 0.01
119 Syntec Construction PCL 8 –
179 Italian-Thai Development PCL 11 –
27 Taokaenoi Food & Marketing PCL 7 –
408 Jasmine International PCL 50 –
53 Thai Airways International PCL 18 –
19 Jay Mart PCL 2 –
51 Thai Oil PCL 93 0.01
81 JWD Infologistics PCL 14 –
68 Thai Reinsurance PCL 2 –
16 Kasikornbank PCL 73 0.01
68 Thai Union Group PCL 28 –
10 Kasikornbank PCL, NVDR 45 –
40 Thai Vegetable Oil PCL 26 0.01
47 KCE Electronics PCL 31 –
20 Thaicom PCL 4 0.01
126 KGI Securities Thailand PCL 13 –
123 Thaifoods Group PCL 11 0.01
189 Khon Kaen Sugar Industry PCL 15 –
69 Thaire Life Assurance PCL 11 0.01
22 Kiatnakin Bank PCL 37 –
50 Thanachart Capital PCL 63 0.01
134 Krung Thai Bank PCL 65 –
90 Thoresen Thai Agencies PCL 13 0.01
72 Krungthai Card PCL 58 –
59 Tipco Asphalt PCL 22 0.01
29 Lanna Resources PCL 9 –
9 Tisco Financial Group PCL 18 0.01
517 LH Financial Group PCL 18 –
748 TMB Bank PCL 41 0.01
59 LPN Development PCL 11 –
54 Total Access Communication PCL 62 0.01
50 Major Cineplex Group PCL 26 –
383 TPI Polene PCL 18 0.01
17 Maybank Kim Eng Securities Thailand PCL 4 –
293 True Corp PCL 41 0.01
43 MBK PCL 24 –
51 TTW PCL 15 0.01
21 MC Group PCL 6 –
49 Unique Engineering & Construction PCL 13 0.01
35 Mega Lifesciences PCL 27 –
62 United Paper PCL 16 0.01
21 Minor International PCL 18 –
82 Univentures PCL 14 0.01
8 MK Restaurants Group PCL 13 –
74 Vanachai Group PCL 10 0.01
118 Mono Technology PCL 5 –
145 VGI Global Media PCL 27 0.01
25 Muangthai Capital PCL 29 –
342 Vibhavadi Medical Center PCL 17 0.01
45 Origin Property PCL 8 –
49 Vinythai PCL 26 0.01
68 Plan B Media PCL 10 –
268 WHA Corp PCL 26 0.01
57 Polyplex Thailand PCL 21 –
18 Workpoint Entertainment PCL 12 0.01
74 Precious Shipping PCL 19 –
4,257 0.33
31 Premier Marketing PCL 7 –
Turkey - 0.12%
412 Property Perfect PCL 9 –
9 Adana Cimento Sanayii TAS 8 –
54 Pruksa Holding PCL 24 –
86 Akbank T.A.S. 100 0.01
127 PTG Energy PCL 28 –
4 Akcansa Cimento AS 4 –
49 PTT Exploration & Production PCL 156 0.01
12 Aksa Akrilik Kimya Sanayii AS 15 –
76 PTT Global Chemical PCL 143 0.01
13 Aksigorta AS 7 –
397 PTT PCL 471 0.04
4 Alarko Holding AS 1 –
319 Quality Houses PCL 23 –
35 Albaraka Turk Katilim Bankasi AS 7 –
17 Ratchaburi Electricity Generating Holding PCL 20 –
1 Alkim Alkali Kimya AS 3 –
109 Ratchthani Leasing PCL 22 –
12 Anadolu Anonim Turk Sigorta Sirketi 8 –
74 Rojana Industrial Park PCL 9 –
41 Anadolu Cam Sanayii AS 17 –
27 RS PCL 10 –
9 Anadolu Efes Biracilik Ve Malt Sanayii AS 29 –
14 Saha Pathana Inter-Holding PCL 22 –
9 Anadolu Hayat Emeklilik AS 8 –
10 Saha-Union PCL 11 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 401
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
Turkey - 0.12% (continued) United Kingdom - 5.12%
13 Arcelik AS 31 – 45 3i Group PLC 379 0.03
– Aselsan Elektronik Sanayi Ve Ticaret AS 1 – 1 4imprint Group PLC 12 –
5 Aygaz AS 9 – 11 888 Holdings PLC 18 –
35 Bera Holding AS 9 – 45 AA PLC 41 –
8 Besiktas Futbol Yatirimlari Sanayi ve Ticaret AS 2 – 14 Acacia Mining PLC 27 –
5 BIM Birlesik Magazalar AS 62 – 7 Admiral Group PLC 155 0.01
5 Bolu Cimento Sanayii AS 3 – 13 AG Barr PLC 105 0.01
5 Borusan Mannesmann Boru Sanayi ve Ticaret AS 6 – 28 Aggreko PLC 212 0.02
2 Boyner Perakende Ve Tekstil Yatirimlari AS 2 – 4 Air Partner PLC 4 –
3 Cimsa Cimento Sanayi VE Ticaret AS 4 – 72 Anglo American PLC 1,132 0.09
7 Coca-Cola Icecek AS 31 – 16 Anglo Pacific Group PLC 22 –
109 Dogan Sirketler Grubu Holding AS 19 – 2 Anglo-Eastern Plantations PLC 9 –
– EGE Endustri VE Ticaret AS 7 – 17 Antofagasta PLC 138 0.01
24 EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar 21 Arrow Global Group PLC 42 –
Sanayi ve Ticaret AS 11 –
42 Ashmore Group PLC 158 0.01
15 Enka Insaat ve Sanayi AS 11 –
23 Ashtead Group PLC 404 0.03
– Erbosan Erciyas Boru Sanayii ve Ticaret AS 4 –
5 Associated British Foods PLC 127 0.01
39 Eregli Demir ve Celik Fabrikalari TAS 45 –
14 AstraZeneca PLC 875 0.07
4 Ford Otomotiv Sanayi AS 29 –
70 Auto Trader Group PLC 307 0.02
18 Goodyear Lastikleri TAS 9 –
4 Aveva Group PLC 108 0.01
14 Gozde Girisim Sermayesi Yatirim Ortakligi AS 6 –
141 Aviva PLC 576 0.04
15 Izmir Demir Celik Sanayi AS 4 –
3 Avon Rubber PLC 41 –
22 Kardemir Karabuk Demir Celik Sanayi ve Ticaret
AS, Class A 7 – 66 B&M European Value Retail SA 231 0.02
6 Kardemir Karabuk Demir Celik Sanayi ve Ticaret 31 Babcock International Group PLC 179 0.01
AS, Class B 2 – 69 BAE Systems PLC 341 0.03
78 Kardemir Karabuk Demir Celik Sanayi ve Ticaret 36 Balfour Beatty PLC 90 0.01
AS, Class D 30 –
4 Bank of Georgia Group PLC 59 –
70 Karsan Otomotiv Sanayii Ve Ticaret AS 14 –
315 Barclays PLC 513 0.04
23 KOC Holding AS 53 –
68 Barratt Developments PLC 317 0.02
10 Kordsa Teknik Tekstil AS 15 –
40 BBA Aviation PLC 96 0.01
4 Koza Altin Isletmeleri AS 34 –
45 Beazley PLC 250 0.02
22 Koza Anadolu Metal Madencilik Isletmeleri AS 26 –
15 Bellway PLC 380 0.03
1 Logo Yazilim Sanayi Ve Ticaret AS 7 –
11 Berkeley Group Holdings PLC 359 0.03
3 Migros Ticaret AS 8 –
69 BHP Group PLC 1,038 0.08
11 NET Holding AS 4 –
10 Bloomsbury Publishing PLC 21 –
5 Nuh Cimento Sanayi AS 6 –
21 Bodycote PLC 156 0.01
5 Pegasus Hava Tasimaciligi AS 20 –
14 Bovis Homes Group PLC 120 0.01
29 Petkim Petrokimya Holding AS 23 –
603 BP PLC 3,147 0.24
18 Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret AS 9 –
4 Braemar Shipping Services PLC 10 –
31 Sekerbank Turk AS 6 –
33 Brewin Dolphin Holdings PLC 108 0.01
22 Soda Sanayii AS 24 –
24 British American Tobacco PLC 647 0.05
17 TAV Havalimanlari Holding AS 60 –
10 British American Tobacco PLC, ADR 284 0.02
16 Tekfen Holding AS 48 –
27 Britvic PLC 234 0.02
10 Tofas Turk Otomobil Fabrikasi AS 28 –
154 BT Group PLC 405 0.03
50 Trakya Cam Sanayii AS 23 –
10 BTG PLC 83 0.01
3 Tupras Turkiye Petrol Rafinerileri AS 58 –
5 Bunzl PLC 117 0.01
27 Turk Hava Yollari AO 69 0.01
19 Burberry Group PLC 343 0.03
12 Turk Telekomunikasyon AS 7 –
59 Cairn Energy PLC 105 0.01
1 Turk Traktor ve Ziraat Makineleri AS 6 –
24 Capita PLC 24 –
32 Turkcell Iletisim Hizmetleri AS 61 –
41 Capital & Counties Properties PLC 105 0.01
67 Turkiye Garanti Bankasi AS 83 0.01
5 Carclo PLC 4 –
29 Turkiye Halk Bankasi AS 32 –
51 Card Factory PLC 99 0.01
64 Turkiye Is Bankasi AS 41 0.01
2 CareTech Holdings PLC 6 –
100 Turkiye Sinai Kalkinma Bankasi AS 12 0.01
2 Carnival PLC 77 0.01
63 Turkiye Sise ve Cam Fabrikalari AS 48 0.01
8 Carpetright PLC 1 –
60 Turkiye Vakiflar Bankasi TAO 35 0.01
5 Carr's Group PLC 7 –
21 Ulker Biskuvi Sanayi AS 47 0.01
1 Castings PLC 3 –
10 Vestel Elektronik Sanayi ve Ticaret AS 10 0.01
119 Centamin PLC 124 0.01
71 Yapi ve Kredi Bankasi AS 18 0.01
179 Centrica PLC 247 0.02
7 Yatas Yatak ve Yorgan Sanayi ve Ticaret AS 4 0.01
4 Charles Taylor PLC 8 –
47 Zorlu Enerji Elektrik Uretim AS 9 0.01
18 Chemring Group PLC 31 –
1,499 0.12
4 Chesnara PLC 16 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 402
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
United Kingdom - 5.12% (continued) United Kingdom - 5.12% (continued)
94 Cineworld Group PLC 259 0.02 68 G4S PLC 133 0.01
17 Circassia Pharmaceuticals PLC 10 – 10 Galliford Try PLC 75 0.01
1 Clarkson PLC 18 – 2 Games Workshop Group PLC 66 0.01
18 Close Brothers Group PLC 267 0.02 11 Gem Diamonds Ltd 12 –
10 CLS Holdings PLC 22 – 4 Genus PLC 97 0.01
12 CMC Markets PLC 14 – 3 Georgia Capital PLC 32 –
244 Cobham PLC 251 0.02 41 GlaxoSmithKline PLC 674 0.05
9 Coca-Cola HBC AG 223 0.02 395 Glencore PLC 1,155 0.09
17 Communisis PLC 12 – 7 Go-Ahead Group PLC 115 0.01
15 Compass Group PLC 257 0.02 23 Gocompare.Com Group PLC 18 –
10 Computacenter PLC 106 0.01 14 Grafton Group PLC 96 0.01
3 Consort Medical PLC 32 – 28 Grainger PLC 71 0.01
143 ConvaTec Group PLC 217 0.02 51 Greencore Group PLC 97 0.01
14 Costain Group PLC 52 – 35 Greene King PLC 194 0.01
8 Countryside Properties PLC 23 – 16 Greggs PLC 225 0.02
14 Countrywide PLC 1 – 10 Gulf Marine Services PLC 4 –
6 Cranswick PLC 165 0.01 42 GVC Holdings PLC 5 –
29 Crest Nicholson Holdings PLC 101 0.01 29 GVC Holdings PLC 211 0.02
3 Croda International PLC 170 0.01 3 Gym Group PLC 10 –
29 CYBG PLC 60 – 24 Halfords Group PLC 72 0.01
1 Daejan Holdings PLC 33 – 26 Halma PLC 358 0.03
11 Daily Mail & General Trust PLC 67 0.01 8 Hargreaves Lansdown PLC 157 0.01
22 Dairy Crest Group PLC 103 0.01 20 Hastings Group Holdings PLC 38 –
2 Dart Group PLC 14 – 180 Hays PLC 283 0.02
7 DCC PLC 403 0.03 4 Headlam Group PLC 19 –
6 De La Rue PLC 29 – 11 Helical PLC 36 –
82 Debenhams PLC 5 – 7 Henry Boot PLC 18 –
1 Dechra Pharmaceuticals PLC 12 – 12 Hikma Pharmaceuticals PLC 214 0.02
26 Devro PLC 48 – 10 Hill & Smith Holdings PLC 122 0.01
5 DFS Furniture PLC 11 – 5 Hilton Food Group PLC 47 –
23 Diageo PLC 640 0.05 19 Hiscox Ltd 325 0.02
4 Dignity PLC 35 – 39 Hochschild Mining PLC 63 –
15 Diploma PLC 191 0.01 3 Hollywood Bowl Group PLC 6 –
148 Direct Line Insurance Group PLC 486 0.04 32 HomeServe PLC 306 0.02
4 DiscoverIE Group PLC 14 – 4 Hostelworld Group PLC 8 –
97 Dixons Carphone PLC 157 0.01 79 Howden Joinery Group PLC 355 0.03
30 Domino's Pizza Group PLC 77 0.01 417 HSBC Holdings PLC 2,781 0.21
41 Drax Group PLC 161 0.01 14 Hunting PLC 80 0.01
72 DS Smith PLC 241 0.02 23 Huntsworth PLC 24 –
5 Dunelm Group PLC 30 – 46 Ibstock PLC 98 0.01
6 easyJet PLC 68 0.01 42 IG Group Holdings PLC 251 0.02
40 Electrocomponents PLC 208 0.02 5 IHS Markit Ltd 219 0.02
45 Elementis PLC 89 0.01 35 IMI PLC 347 0.03
152 EnQuest PLC 35 – 15 Imperial Brands PLC 362 0.03
48 Enterprise Inns PLC 88 0.01 42 Inchcape PLC 244 0.02
42 Entertainment One Ltd 155 0.01 41 Indivior PLC 42 –
6 Equiniti Group PLC 14 – 61 Informa PLC 422 0.03
40 esure Group PLC 113 0.01 49 Inmarsat PLC 199 0.02
4 Euromoney Institutional Investor PLC 46 – 5 InterContinental Hotels Group PLC 227 0.02
33 Evraz PLC 149 0.01 18 Intermediate Capital Group PLC 179 0.01
13 Experian PLC 252 0.02 29 International Consolidated Airlines Group SA 181 0.01
24 Faroe Petroleum PLC 38 – 18 International Personal Finance PLC 39 –
4 FDM Group Holdings PLC 31 – 8 Interserve PLC 2 –
4 Ferguson PLC 220 0.02 7 Intertek Group PLC 344 0.03
44 Ferrexpo PLC 78 0.01 44 Investec PLC 208 0.02
16 Filtrona PLC 61 – 27 IP Group PLC 32 –
– Findel PLC 1 – 92 ITE Group PLC 58 –
123 Firstgroup PLC 111 0.01 75 ITV PLC 109 0.01
13 Flybe Group PLC 3 – 82 IWG PLC 190 0.01
13 Foxtons Group PLC 6 – 95 J Sainsbury PLC 289 0.02
5 Fresnillo PLC 41 – 6 James Fisher & Sons PLC 103 0.01
2 Fuller Smith & Turner PLC 16 – 11 Jardine Lloyd Thompson Group PLC 203 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 403
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
United Kingdom - 5.12% (continued) United Kingdom - 5.12% (continued)
61 JD Sports Fashion PLC 241 0.02 6 Oxford Instruments PLC 52 –
12 JD Wetherspoon PLC 139 0.01 29 Paragon Group of Cos PLC 122 0.01
43 John Laing Group PLC 140 0.01 5 PayPoint PLC 44 –
11 John Menzies PLC 55 – 36 Pearson PLC 351 0.03
45 John Wood Group PLC 284 0.02 129 Pendragon PLC 31 –
7 Johnson Matthey PLC 215 0.02 27 Pennon Group PLC 194 0.01
4 JPJ Group PLC 27 – 14 Persimmon PLC 264 0.02
43 Jupiter Fund Management PLC 140 0.01 61 Petra Diamonds Ltd 26 –
7 Just Eat PLC 44 – 35 Petrofac Ltd 179 0.01
48 Just Group PLC 42 – 369 Petropavlovsk PLC 23 –
29 Kazakhmys PLC 163 0.01 12 Pets at Home Group PLC 16 –
70 Kcom Group PLC 42 – 46 Phoenix Group Holdings 274 0.02
8 Keller Group PLC 50 – 34 Photo-Me International PLC 37 –
6 Kier Group PLC 29 – 24 Playtech PLC 106 0.01
12 Kin & Carta PLC 12 – 23 Polypipe Group PLC 80 0.01
142 Kingfisher PLC 355 0.03 2 Porvair PLC 9 –
13 Lamprell PLC 8 – 85 Premier Foods PLC 31 –
12 Lancashire Holdings Ltd 78 0.01 101 Premier Oil PLC 72 0.01
214 Legal & General Group PLC 525 0.04 13 Provident Financial PLC 82 0.01
1,659 Lloyds Banking Group PLC 921 0.07 14 Prudential PLC 222 0.02
9 London Stock Exchange Group PLC 348 0.03 6 PureTech Health Plc 11 –
16 Lonmin PLC 7 – 19 PZ Cussons PLC 44 –
35 Lookers PLC 32 – 65 QinetiQ Group PLC 194 0.01
15 Low & Bonar PLC 4 – 97 Quilter PLC 113 0.01
6 LSL Property Services PLC 15 – 2 Randgold Resources Ltd 125 0.01
180 Man Group PLC 262 0.02 17 Rank Group PLC 28 –
84 Management Consulting Group PLC 1 – 3 Rathbone Brothers PLC 82 0.01
166 Marks & Spencer Group PLC 487 0.04 11 Raven Property Group Ltd 5 –
25 Marshalls PLC 109 0.01 2 REA Holdings PLC 5 –
68 Marston's PLC 70 0.01 4 Reckitt Benckiser Group PLC 241 0.02
21 McBride PLC 29 – 29 Redrow PLC 135 0.01
15 McCarthy & Stone PLC 21 – 16 RELX PLC, Class A 257 0.02
6 McColl's Retail Group PLC 7 – 12 RELX PLC, Class B 195 0.01
12 Mears Group PLC 41 – 3 Renishaw PLC 133 0.01
21 Mediclinic International PLC 74 0.01 94 Rentokil Initial PLC 312 0.02
61 Meggitt PLC 316 0.02 31 Restaurant Group PLC 45 –
276 Melrose Industries PLC 490 0.04 – Rhi Magnesita NV, Class A 14 –
53 Merlin Entertainments PLC 177 0.01 1 Rhi Magnesita NV, Class B 43 –
43 Michael Page International PLC 214 0.02 3 Ricardo PLC 24 –
11 Micro Focus International PLC 174 0.01 66 Rightmove PLC 292 0.02
5 Micro Focus International PLC, ADR 84 0.01 35 Rio Tinto PLC 1,273 0.10
11 Millennium & Copthorne Hotels PLC 54 – 3 River & Mercantile Group PLC 8 –
27 Mitchells & Butlers PLC 73 0.01 6 Robert Walters PLC 28 –
40 Mitie Group PLC 58 – 65 Rolls-Royce Holdings PLC 558 0.04
13 Mondi PLC 228 0.02 96 Rotork PLC 252 0.02
42 Moneysupermarket.com Group PLC 128 0.01 96 Royal Bank of Scotland Group PLC 209 0.02
38 Morgan Crucible Co PLC 105 0.01 77 Royal Dutch Shell PLC, Class A 1,821 0.14
3 Morgan Sindall Group PLC 33 – 63 Royal Dutch Shell PLC, Class B 1,520 0.12
7 Mothercare PLC 1 – 51 Royal Mail PLC 163 0.01
3 Motorpoint group PLC 7 – 30 RPC Group PLC 213 0.02
9 N Brown Group PLC 10 – 16 RPS Group PLC 25 –
49 National Express Group PLC 198 0.02 59 RSA Insurance Group PLC 320 0.02
25 National Grid PLC 209 0.02 21 Saga PLC 24 –
9 NCC Group PLC 16 – 31 Sage Group PLC 183 0.01
6 Next PLC 280 0.02 17 Savills PLC 122 0.01
2 NMC Health PLC 63 – 2 Schroders PLC (non-voting rights) 35 –
9 Norcros PLC 20 – 4 Schroders PLC (voting rights) 93 0.01
13 Northgate PLC 49 – 5 SDL PLC 23 –
28 Ocado Group PLC 236 0.02 47 Senior PLC 113 0.01
2 On the Beach Group PLC 10 – 14 Severfield PLC 10 –
24 OneSavings Bank PLC 83 0.01 9 Severn Trent PLC 170 0.01
77 Ophir Energy PLC 26 – 41 Shanks Group PLC 17 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 404
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
United Kingdom - 5.12% (continued) United Kingdom - 5.12% (continued)
9 Shire PLC 418 0.03 – Wizz Air Holdings PLC 13 0.01
– Shire PLC, ADR 8 – 160 Wm Morrison Supermarkets PLC 382 0.04
45 SIG PLC 49 – 53 WPP PLC 461 0.05
20 Smith & Nephew PLC 287 0.02 3 Xaar PLC 4 0.01
21 Smiths Group PLC 299 0.02 1 XP Power Ltd 31 0.01
9 Smiths News PLC 3 – 66,562 5.12
17 Soco International PLC 13 – United States - 52.52%
7 Softcat PLC 41 – 4 1-800-Flowers.com Inc 37 –
9 Spectris PLC 218 0.02 1 1st Constitution Bancorp 15 –
60 Speedy Hire PLC 34 – 2 1st Source Corp 65 –
5 Spirax-Sarco Engineering PLC 309 0.02 1 3D Systems Corp 8 –
15 Spire Healthcare Group PLC 19 – 6 3M Co 996 0.08
42 Spirent Communications PLC 54 – 2 A Schulman Inc 3 –
11 Sportech PLC 4 – 1 A-Mark Precious Metals Inc 10 –
27 Sports Direct International PLC 79 0.01 2 A10 Networks Inc 9 –
35 SSE PLC 383 0.03 7 AAON Inc 206 0.02
38 SSP Group PLC 238 0.02 3 AAR Corp 86 0.01
36 St James's Place PLC 366 0.03 5 Aaron's Inc 191 0.01
20 St Modwen Properties PLC 77 0.01 24 Abbott Laboratories 1,397 0.11
60 Stagecoach Group PLC 94 0.01 15 AbbVie Inc 1,097 0.08
61 Standard Chartered PLC 372 0.03 5 Abercrombie & Fitch Co 76 0.01
79 Standard Life Aberdeen PLC 210 0.02 1 ABIOMED Inc 242 0.02
12 SThree PLC 34 – 7 ABM Industries Inc 168 0.01
13 Stobart Group Ltd 26 – 20 Abraxas Petroleum Corp 26 –
3 Stock Spirits Group PLC 6 – 1 Acacia Communications Inc 18 –
2 STV Group PLC 8 – 6 Acacia Research Corp 15 –
6 SuperGroup PLC 50 – 9 Acadia Healthcare Co Inc 249 0.02
35 Synthomer PLC 141 0.01 6 Accenture PLC 740 0.06
35 TalkTalk Telecom Group PLC 44 – 2 Access National Corp 52 –
7 Tarsus Group PLC 19 – 7 ACCO Brands Corp 46 –
53 Tate & Lyle PLC 381 0.03 3 Accuray Inc 9 –
306 Taylor Wimpey PLC 412 0.03 3 Aceto Corp 4 –
4 Ted Baker PLC 65 – 16 Achillion Pharmaceuticals Inc 37 –
8 Telecom Plus PLC 110 0.01 9 ACI Worldwide Inc 213 0.02
493 Tesco PLC 977 0.08 – Acme United Corp 5 –
115 Thomas Cook Group PLC 35 – 1 ACNB Corp 21 –
5 Topps Tiles PLC 3 – 5 Acorda Therapeutics Inc 77 0.01
26 Travis Perkins PLC 290 0.02 10 Activision Blizzard Inc 373 0.03
5 Trifast PLC 9 – 4 Actuant Corp 71 0.01
34 Trinity Mirror PLC 21 – 4 Acuity Brands Inc 432 0.03
15 TT Electronics PLC 32 – 8 Acushnet Holdings Corp 138 0.01
9 TUI AG 100 0.01 – Adams Resources & Energy Inc 13 –
34 Tullett Prebon PLC 106 0.01 1 Addus HomeCare Corp 41 –
164 Tullow Oil PLC 304 0.02 8 Adient PLC 155 0.01
14 U & I Group PLC 30 – 4 Adobe Inc 739 0.06
13 UDG Healthcare PLC 90 0.01 5 Adtalem Global Education Inc 215 0.02
10 Ultra Electronics Holdings PLC 147 0.01 6 ADTRAN Inc 55 –
11 Unilever PLC 454 0.03 5 Advance Auto Parts Inc 715 0.05
26 United Utilities Group PLC 197 0.02 9 Advanced Disposal Services Inc 200 0.02
55 Vectura Group PLC 41 – 4 Advanced Drainage Systems Inc 84 0.01
19 Vesuvius PLC 98 0.01 1 Advanced Emissions Solutions Inc 12 –
9 Victrex PLC 231 0.02 4 Advanced Energy Industries Inc 155 0.01
2 Vitec Group PLC 27 – 11 Advanced Micro Devices Inc 185 0.01
1,145 Vodafone Group PLC 1,942 0.15 4 AdvanSix Inc 88 0.01
13 Volution Group PLC 22 0.01 5 Adverum Biotechnologies Inc 14 –
2 Vp PLC 19 0.01 17 AECOM 439 0.03
5 Weir Group PLC 73 0.02 2 Aegion Corp 35 –
8 WH Smith PLC 150 0.02 2 Aeglea BioTherapeutics Inc 15 –
2 Whitbread PLC 114 0.02 6 Aerojet Rocketdyne Holdings Inc 165 0.01
87 William Hill PLC 142 0.02 1 Aerovironment Inc 69 0.01
1 Wilmington PLC 2 0.01 23 AES Corp 282 0.02
10 Wincanton PLC 25 0.01 3 Affiliated Managers Group Inc 304 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 405
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
United States - 52.52% (continued) United States - 52.52% (continued)
30 Aflac Inc 1,090 0.08 3 Ameresco Inc 33 –
8 AGCO Corp 383 0.03 1 America's Car-Mart Inc 36 –
10 Agilent Technologies Inc 548 0.04 12 American Airlines Group Inc 378 0.03
2 Agilysys Inc 26 – 11 American Axle & Manufacturing Holdings Inc 106 0.01
1 Agios Pharmaceuticals Inc 47 – 22 American Eagle Outfitters Inc 367 0.03
3 AgroFresh Solutions Inc 11 – 5 American Electric Power Co Inc 324 0.02
2 AH Belo Corp 7 – 5 American Equity Investment Life Holding Co 146 0.01
12 Air Lease Corp 381 0.03 27 American Express Co 2,422 0.19
7 Air Products & Chemicals Inc 881 0.07 6 American Financial Group Inc 478 0.04
9 Air Transport Services Group Inc 135 0.01 20 American International Group Inc 674 0.05
7 Aircastle Ltd 107 0.01 1 American National Bankshares Inc 27 –
1 Airgain Inc 13 – 3 American National Insurance Co 263 0.02
16 AK Steel Holding Corp 38 – 6 American Outdoor Brands Corp 53 –
11 Akamai Technologies Inc 604 0.05 2 American Public Education Inc 46 –
10 Akorn Inc 51 – 1 American Railcar Industries Inc 44 –
1 Alamo Group Inc 71 0.01 1 American Renal Associates Holdings Inc 8 –
2 Alarm.com Holdings Inc 86 0.01 1 American River Bankshares 8 –
15 Alaska Air Group Inc 875 0.07 2 American Software Inc 13 –
6 Alaska Communications Systems Group Inc 7 – 3 American States Water Co 157 0.01
2 Albany International Corp 117 0.01 2 American Vanguard Corp 31 –
7 Albemarle Corp 497 0.04 2 American Water Works Co Inc 182 0.01
22 Alcoa Corp 561 0.04 2 American Woodmark Corp 97 0.01
3 Alder Biopharmaceuticals Inc 35 – 8 Ameriprise Financial Inc 864 0.07
2 Aldeyra Therapeutics Inc 16 – 3 Ameris Bancorp 116 0.01
6 Alexion Pharmaceuticals Inc 627 0.05 2 Amerisafe Inc 92 0.01
1 Alico Inc 27 – 7 AmerisourceBergen Corp 457 0.04
1 Align Technology Inc 249 0.02 1 Ames National Corp 20 –
– Alithya Group Inc 1 – 9 AMETEK Inc 491 0.04
1 ALJ Regional Holdings Inc 1 – 21 Amgen Inc 3,365 0.26
3 Alkermes PLC 76 0.01 8 Amicus Therapeutics Inc 66 0.01
1 Alleghany Corp 494 0.04 27 Amkor Technology Inc 145 0.01
13 Allegheny Technologies Inc 276 0.02 6 AMN Healthcare Services Inc 312 0.02
1 Allegiance Bancshares Inc 35 – 6 Amneal Pharmaceuticals Inc 77 0.01
2 Allegiant Travel Co 207 0.02 1 Ampco-Pittsburgh Corp 3 –
5 Allegion PLC 342 0.03 4 Amphastar Pharmaceuticals Inc 73 0.01
5 Allergan PLC 651 0.05 6 Amphenol Corp 393 0.03
4 ALLETE Inc 231 0.02 2 Amtech Systems Inc 8 –
3 Alliance Data Systems Corp 441 0.03 27 Anadarko Petroleum Corp 1,110 0.09
8 Alliant Energy Corp 300 0.02 12 Analog Devices Inc 855 0.07
1 Allied Motion Technologies Inc 50 – 2 Andersons Inc 57 –
16 Allison Transmission Holdings Inc 573 0.04 3 ANGI Homeservices Inc 46 –
18 Allscripts Healthcare Solutions Inc 147 0.01 4 AngioDynamics Inc 69 0.01
14 Allstate Corp 983 0.08 1 ANI Pharmaceuticals Inc 38 –
35 Ally Financial Inc 735 0.06 1 Anika Therapeutics Inc 30 –
1 Alnylam Pharmaceuticals Inc 83 0.01 3 Anixter International Inc 173 0.01
2 Alpha & Omega Semiconductor Ltd 16 – 5 ANSYS Inc 596 0.05
3 Alphabet Inc, Class A 2,645 0.20 33 Antero Resources Corp 344 0.03
3 Alphabet Inc, Class C 2,986 0.23 6 Anthem Inc 1,363 0.10
38 Altice USA Inc 521 0.04 9 AO Smith Corp 336 0.03
– Altisource Portfolio Solutions SA 6 – 6 Aon PLC 815 0.06
5 Altra Industrial Motion Corp 116 0.01 20 Apache Corp 547 0.04
17 Altria Group Inc 732 0.06 5 Apergy Corp 138 0.01
3 AMAG Pharmaceuticals Inc 48 – 4 Apogee Enterprises Inc 105 0.01
4 Amazon.com Inc 5,946 0.46 1 Apollo Endosurgery Inc 3 –
4 Ambac Financial Group Inc 51 – 1 Appfolio Inc 38 –
1 Ambarella Inc 25 – 83 Apple Inc 11,679 0.90
4 AMC Entertainment Holdings Inc 40 – 4 Applied Genetic Technologies Corp 19 –
3 AMC Networks Inc 123 0.01 4 Applied Industrial Technologies Inc 196 0.02
10 Amdocs Ltd 520 0.04 16 Applied Materials Inc 465 0.04
3 Amedisys Inc 358 0.03 1 Applied Optoelectronics Inc 21 –
2 AMERCO 553 0.04 4 Approach Resources Inc 4 –
3 Ameren Corp 181 0.01 7 AptarGroup Inc 579 0.04
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 406
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
United States - 52.52% (continued) United States - 52.52% (continued)
3 Aptevo Therapeutics Inc 6 – 2 Audentes Therapeutics Inc 34 –
4 Aptiv PLC 222 0.02 2 Autodesk Inc 218 0.02
11 Aqua America Inc 307 0.02 8 Autoliv Inc 548 0.04
25 Aramark 758 0.06 4 Automatic Data Processing Inc 447 0.03
2 Aratana Therapeutics Inc 12 – 9 AutoNation Inc 271 0.02
5 ARC Document Solutions Inc 9 – 1 AutoWeb Inc 2 –
2 ArcBest Corp 73 0.01 – AutoZone Inc 235 0.02
21 Arch Capital Group Ltd 474 0.04 2 Avangrid Inc 75 0.01
3 Arch Coal Inc 172 0.01 5 Avanos Medical Inc 196 0.02
22 Archer-Daniels-Midland Co 786 0.06 7 Avery Dennison Corp 505 0.04
14 Archrock Inc 110 0.01 1 Aviat Networks Inc 8 –
32 Arconic Inc 544 0.04 5 Avid Technology Inc 24 –
5 Arcosa Inc 108 0.01 10 Avis Budget Group Inc 228 0.02
6 Ardelyx Inc 12 – 3 Avista Corp 137 0.01
2 Ardmore Shipping Corp 9 – 12 Avnet Inc 415 0.03
2 Arena Pharmaceuticals Inc 65 – 34 Avon Products Inc 56 –
8 Ares Management Corp 140 0.01 16 AVX Corp 208 0.02
2 Argan Inc 63 – 3 Aware Inc 8 –
1 Argo Group International Holdings Ltd 38 – 33 Axalta Coating Systems Ltd 639 0.05
2 Arista Networks Inc 374 0.03 3 Axcelis Technologies Inc 41 –
3 Armstrong Flooring Inc 32 – 9 Axis Capital Holdings Ltd 374 0.03
7 Armstrong World Industries Inc 367 0.03 1 Axon Enterprise Inc 49 –
19 ARRIS International PLC 460 0.04 4 Axos Financial Inc 88 0.01
9 Arrow Electronics Inc 559 0.04 3 AXT Inc 15 –
2 Arrow Financial Corp 45 – 3 AZZ Inc 99 0.01
1 Artesian Resources Corp 32 – 5 B&G Foods Inc 111 0.01
12 Arthur J Gallagher & Co 700 0.05 15 Babcock & Wilcox Enterprises Inc 10 –
4 Artisan Partners Asset Management Inc 86 0.01 3 Badger Meter Inc 119 0.01
3 Asbury Automotive Group Inc 171 0.01 12 Baker Hughes a GE Co 219 0.02
15 Ascena Retail Group Inc 35 – 2 Balchem Corp 156 0.01
1 Ascent Capital Group Inc 1 – 19 Ball Corp 745 0.06
4 ASGN Inc 216 0.02 2 Ballantyne Strong Inc 5 –
7 Ashland Global Holdings Inc 434 0.03 6 Banc of California Inc 75 0.01
2 Aspen Aerogels Inc 6 – 3 BancFirst Corp 112 0.01
2 Aspen Group Inc 7 – 7 Bancorp Inc 52 –
6 Aspen Insurance Holdings Ltd 193 0.01 1 Bancorp of New Jersey Inc 10 –
5 Aspen Technology Inc 305 0.02 11 BancorpSouth Bank 275 0.02
8 Assertio Therapeutics Inc 33 – 197 Bank of America Corp 4,384 0.34
18 Associated Banc-Corp 333 0.03 2 Bank of Commerce Holdings 17 –
1 Associated Capital Group Inc 22 – 3 Bank of Hawaii Corp 174 0.01
7 Assurant Inc 507 0.04 1 Bank of Marin Bancorp 49 –
12 Assured Guaranty Ltd 375 0.03 21 Bank of New York Mellon Corp 862 0.07
– Asta Funding Inc 1 – 3 Bank of NT Butterfield & Son Ltd 101 0.01
2 Astec Industries Inc 66 0.01 – Bank of Princeton 9 –
2 Astronics Corp (Class A) 48 – 1 Bank of South Carolina Corp 10 –
1 Astronics Corp (Class B) 22 – 13 Bank OZK 278 0.02
1 AstroNova Inc 12 – 2 BankFinancial Corp 26 –
4 At Home Group Inc 94 0.01 11 BankUnited Inc 302 0.02
223 AT&T Inc 5,474 0.42 1 Bankwell Financial Group Inc 19 –
2 Atara Biotherapeutics Inc 59 – 3 Banner Corp 150 0.01
1 athenahealth Inc 146 0.01 1 Bar Harbor Bankshares 30 –
11 Athene Holding Ltd 374 0.03 3 Barnes & Noble Education Inc 17 –
4 Atkore International Group Inc 70 0.01 6 Barnes & Noble Inc 35 –
2 Atlantic Capital Bancshares Inc 31 – 4 Barnes Group Inc 177 0.01
8 Atlantica Yield PLC 118 0.01 1 Barrett Business Services Inc 66 0.01
2 Atlas Air Worldwide Holdings Inc 84 0.01 2 Basic Energy Services Inc 9 –
1 Atlas Financial Holdings Inc 9 – 1 Bassett Furniture Industries Inc 13 –
– Atlassian Corp PLC 22 – – Bausch Health 2 –
4 Atmos Energy Corp 295 0.02 17 Baxter International Inc 898 0.07
2 ATN International Inc 107 0.01 1 Baycom Corp 24 –
– Atrion Corp 121 0.01 29 BB&T Corp 1,144 0.09
1 Auburn National Bancorporation Inc 19 – 2 BBX Capital Corp 8 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 407
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
United States - 52.52% (continued) United States - 52.52% (continued)
2 BCB Bancorp Inc 22 – 7 BrightSphere Investment Group PLC 72 0.01
7 Beacon Roofing Supply Inc 180 0.01 5 Brink's Co 280 0.02
3 Beazer Homes USA Inc 30 – 3 Brinker International Inc 128 0.01
2 Becton Dickinson and Co 477 0.04 18 Bristol-Myers Squibb Co 769 0.06
14 Bed Bath & Beyond Inc 139 0.01 5 Bristow Group Inc 16 –
1 Bel Fuse Inc 23 – 6 Broadcom Inc 1,176 0.09
4 Belden Inc 184 0.01 4 Broadridge Financial Solutions Inc 342 0.03
2 Bellicum Pharmaceuticals Inc 7 – 3 Broadwind Energy Inc 3 –
7 Belmond Ltd 104 0.01 13 Brookdale Senior Living Inc 85 0.01
10 Bemis Co Inc 372 0.03 9 Brookline Bancorp Inc 106 0.01
4 Benchmark Electronics Inc 71 0.01 5 Brooks Automation Inc 111 0.01
8 Beneficial Bancorp Inc 97 0.01 18 Brown & Brown Inc 411 0.03
41 Berkshire Hathaway Inc 7,017 0.54 1 Brown-Forman Corp, Class A 42 –
5 Berkshire Hills Bancorp Inc 127 0.01 8 Brown-Forman Corp, Class B 285 0.02
14 Berry Global Group Inc 552 0.04 17 Bruker Corp 436 0.03
21 Best Buy Co Inc 1,043 0.08 9 Brunswick Corp 387 0.03
1 BG Staffing Inc 28 – 2 Bryn Mawr Bank Corp 70 0.01
31 BGC Partners Inc 253 0.02 1 BSB Bancorp Inc 34 –
2 Big 5 Sporting Goods Corp 6 – 1 Buckle Inc 16 –
6 Big Lots Inc 196 0.02 2 Build-A-Bear Workshop Inc 8 –
– Biglari Holdings Inc, Class A 11 – 17 Builders FirstSource Inc 184 0.01
– Biglari Holdings Inc, Class B 23 – 9 Bunge Ltd 419 0.03
2 Bio-Rad Laboratories Inc 383 0.03 2 Burlington Stores Inc 298 0.02
2 Bio-Techne Corp 199 0.02 7 BWX Technologies Inc 247 0.02
2 Biogen Inc 630 0.05 – C&F Financial Corp 13 –
1 BioMarin Pharmaceutical Inc 91 0.01 1 Cable One Inc 524 0.04
2 BioScrip Inc 6 – 7 Cabot Corp 266 0.02
1 BioSpecifics Technologies Corp 47 – 2 Cabot Microelectronics Corp 181 0.01
3 BioTelemetry Inc 167 0.01 24 Cabot Oil & Gas Corp 475 0.04
3 BJ's Restaurants Inc 116 0.01 3 CACI International Inc 338 0.03
2 Black Box Corp 1 – 2 Cactus Inc 40 –
4 Black Hills Corp 183 0.01 9 Cadence BanCorp 145 0.01
12 Black Knight Inc 439 0.03 7 Cadence Design Systems Inc 261 0.02
3 Blackbaud Inc 168 0.01 34 Caesars Entertainment Corp 225 0.02
2 BlackRock Inc 508 0.04 3 CAI International Inc 52 –
11 Bloomin' Brands Inc 163 0.01 5 Cal-Maine Foods Inc 171 0.01
4 Blucora Inc 102 0.01 3 CalAmp Corp 37 –
1 Blue Bird Corp 18 – 2 Calavo Growers Inc 160 0.01
1 Blue Capital Reinsurance Holdings Ltd 4 – 3 Caleres Inc 82 0.01
3 Blue Hills Bancorp Inc 49 – 3 California Resources Corp 62 –
1 Bluebird Bio Inc 91 0.01 4 California Water Service Group 140 0.01
7 BMC Stock Holdings Inc 90 0.01 5 Calix Inc 36 –
7 Boingo Wireless Inc 132 0.01 10 Callaway Golf Co 136 0.01
5 Boise Cascade Co 108 0.01 23 Callon Petroleum Co 155 0.01
4 Bojangles' Inc 51 – 4 Cambium Learning Group Inc 48 –
6 BOK Financial Corp 394 0.03 4 Cambrex Corp 150 0.01
2 Bonanza Creek Energy Inc 32 – 2 Camden National Corp 62 –
1 Booking Holdings Inc 919 0.07 20 Campbell Soup Co 620 0.05
3 Boot Barn Holdings Inc 45 – 8 Cannae Holdings Inc 112 0.01
9 Booz Allen Hamilton Holding Corp 356 0.03 2 Cantel Medical Corp 105 0.01
16 BorgWarner Inc 509 0.04 2 Capital City Bank Group Inc 35 –
1 Boston Beer Co Inc 226 0.02 17 Capital One Financial Corp 1,191 0.09
9 Boston Private Financial Holdings Inc 93 0.01 3 Capital Senior Living Corp 22 –
10 Boston Scientific Corp 308 0.02 15 Capitol Federal Financial Inc 162 0.01
1 Bottomline Technologies DE Inc 40 – 1 Capstar Financial Holdings Inc 15 –
3 Brady Corp 115 0.01 1 CARBO Ceramics Inc 2 –
2 Bridge Bancorp Inc 46 – 2 Carbonite Inc 38 –
5 Bridgepoint Education Inc 30 – 13 Cardinal Health Inc 573 0.04
3 Briggs & Stratton Corp 30 – 5 Cardtronics PLC 119 0.01
7 Bright Horizons Family Solutions Inc 639 0.05 1 Care.com Inc 16 –
3 Brightcove Inc 15 – 7 Career Education Corp 77 0.01
13 Brighthouse Financial Inc 403 0.03 4 Carlisle Cos Inc 341 0.03
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 408
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
United States - 52.52% (continued) United States - 52.52% (continued)
18 CarMax Inc 936 0.07 1 Chesapeake Utilities Corp 90 0.01
16 Carnival Corp 749 0.06 39 Chevron Corp 3,645 0.28
2 Carolina Financial Corp 63 – 14 Chico's FAS Inc 59 –
4 Carpenter Technology Corp 123 0.01 3 Children's Place Inc 276 0.02
1 Carriage Services Inc 18 – 6 Chimerix Inc 16 –
15 Carrizo Oil & Gas Inc 198 0.02 1 Chipotle Mexican Grill Inc 246 0.02
5 Carrols Restaurant Group Inc 43 – 4 Choice Hotels International Inc 223 0.02
7 Cars.com Inc 150 0.01 10 Chubb Ltd 1,016 0.08
6 Carter's Inc 457 0.04 15 Church & Dwight Co Inc 775 0.06
– Carvana Co 14 – 1 Churchill Downs Inc 177 0.01
3 Casella Waste Systems Inc 82 0.01 2 Chuy's Holdings Inc 28 –
4 Casey's General Stores Inc 418 0.03 17 Ciena Corp 423 0.03
1 Cass Information Systems Inc 46 – 7 Cigna Corp 1,282 0.10
16 Catalent Inc 484 0.04 10 Cimarex Energy Co 651 0.05
12 Caterpillar Inc 1,244 0.10 2 Cimpress NV 209 0.02
9 Cathay General Bancorp 278 0.02 3 Cincinnati Bell Inc 32 –
2 Cato Corp 26 – 11 Cincinnati Financial Corp 675 0.05
1 Cavco Industries Inc 73 0.01 14 Cinemark Holdings Inc 416 0.03
5 CBIZ Inc 83 0.01 3 Cintas Corp 414 0.03
21 CBRE Group Inc 732 0.06 2 CIRCOR International Inc 53 –
1 CBS Corp, Class A 24 – 7 Cirrus Logic Inc 206 0.02
8 CBS Corp, Class B 352 0.03 78 Cisco Systems Inc 2,935 0.23
5 CDK Global Inc 182 0.01 14 Cision Ltd 138 0.01
6 CDW Corp 402 0.03 12 CIT Group Inc 429 0.03
3 CECO Environmental Corp 22 – 1 Citi Trends Inc 21 –
6 Celanese Corp 512 0.04 51 Citigroup Inc 2,577 0.20
6 Celgene Corp 328 0.03 2 Citizens & Northern Corp 39 –
5 Celldex Therapeutics Inc 1 – 1 Citizens Community Bancorp Inc 7 –
7 Centene Corp 759 0.06 16 Citizens Financial Group Inc 461 0.04
28 Centennial Resource Development Inc 338 0.03 – Citizens Holding Co 7 –
17 CenterPoint Energy Inc 383 0.03 1 Citizens Inc 9 –
10 CenterState Bank Corp 195 0.01 8 Citrix Systems Inc 698 0.05
4 Central European Media Enterprises Ltd 10 – 2 City Holding Co 97 0.01
4 Central Garden & Pet Co (non-voting rights) 94 0.01 16 Civeo Corp 21 –
1 Central Garden & Pet Co (voting rights) 31 – 2 Civista Bancshares Inc 32 –
3 Central Pacific Financial Corp 56 – 4 Civitas Solutions Inc 43 –
1 Central Valley Community Bancorp 16 – 5 Clarus Corp 42 –
9 Century Aluminum Co 63 – 19 Clean Energy Fuels Corp 34 –
– Century Bancorp Inc 27 – 4 Clean Harbors Inc 204 0.02
3 Century Casinos Inc 17 – 5 Clear Channel Outdoor Holdings Inc 18 –
3 Century Communities Inc 51 – 1 ClearOne Inc 1 –
65 CenturyLink Inc 954 0.07 1 Clearwater Paper Corp 34 –
11 Cerner Corp 511 0.04 3 Clearway Energy Inc, Class A 40 –
1 CEVA Inc 22 – 5 Clearway Energy Inc, Class C 69 0.01
14 CF Industries Holdings Inc 460 0.04 22 Cleveland-Cliffs Inc 162 0.01
10 CH Robinson Worldwide Inc 753 0.06 3 Clorox Co 364 0.03
1 ChannelAdvisor Corp 7 – 5 Cloud Peak Energy Inc 3 –
5 Charles River Laboratories International Inc 535 0.04 1 CME Group Inc, Class A 154 0.01
14 Charles Schwab Corp 490 0.04 4 CME Group Inc, Class B 634 0.05
3 Chart Industries Inc 141 0.01 10 CMS Energy Corp 410 0.03
6 Charter Communications Inc 1,480 0.11 1 CNA Financial Corp 25 –
1 Chase Corp 112 0.01 2 CNB Financial Corp 37 –
5 Cheesecake Factory Inc 185 0.01 3 CNO Financial Group Inc 39 –
2 Chefs' Warehouse Inc 69 0.01 23 CNX Resources Corp 255 0.02
2 Chegg Inc 50 – 1 Coca-Cola Bottling Co Consolidated 183 0.01
2 Chemed Corp 421 0.03 29 Coca-Cola Co 1,155 0.09
8 Chemical Financial Corp 290 0.02 1 Codorus Valley Bancorp Inc 22 –
1 ChemoCentryx Inc 7 – 21 Coeur Mining Inc 65 –
6 Chemours Co 136 0.01 4 Cogent Communications Holdings Inc 136 0.01
– Chemung Financial Corp 14 – 7 Cognex Corp 229 0.02
9 Cheniere Energy Inc 413 0.03 20 Cognizant Technology Solutions Corp 1,107 0.09
57 Chesapeake Energy Corp 131 0.01 7 Cohen & Steers Inc 207 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 409
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
United States - 52.52% (continued) United States - 52.52% (continued)
3 Coherent Inc 277 0.02 6 Costco Wholesale Corp 1,071 0.08
3 Cohu Inc 46 – 21 Coty Inc 141 0.01
12 Colfax Corp 239 0.02 – County Bancorp Inc 8 –
5 Colgate-Palmolive Co 229 0.02 19 Covanta Holding Corp 247 0.02
1 Collectors Universe Inc 10 – 2 Covenant Transportation Group Inc 33 –
1 Colony Bankcorp Inc 11 – 4 Cowen Inc 47 –
8 Columbia Banking System Inc 249 0.02 2 CPI Aerostructures Inc 9 –
5 Columbia Sportswear Co 387 0.03 1 CRA International Inc 23 –
2 Columbus McKinnon Corp 62 – 3 Cracker Barrel Old Country Store Inc 430 0.03
163 Comcast Corp 4,983 0.38 1 Craft Brew Alliance Inc 18 –
8 Comerica Inc 525 0.04 5 Crane Co 316 0.02
5 Comfort Systems USA Inc 196 0.02 6 Crawford & Co, Class A 41 –
10 Commerce Bancshares Inc 507 0.04 3 Crawford & Co, Class B 23 –
8 Commercial Metals Co 123 0.01 4 Cray Inc 87 0.01
4 Commercial Vehicle Group Inc 24 – 2 Credit Acceptance Corp 739 0.06
21 CommScope Holding Co Inc 293 0.02 11 Cree Inc 364 0.03
6 Community Bank System Inc 285 0.02 9 Crocs Inc 200 0.02
3 Community Bankers Trust Corp 21 – 4 Cross Country Healthcare Inc 28 –
1 Community Financial Corp 13 – 18 Crown Holdings Inc 736 0.06
8 Community Health Systems Inc 29 – 2 CryoLife Inc 48 –
2 Community Trust Bancorp Inc 72 0.01 5 CSG Systems International Inc 130 0.01
1 CommVault Systems Inc 53 – 1 CSS Industries Inc 6 –
4 Compass Minerals International Inc 150 0.01 1 CSW Industrials Inc 48 –
– Computer Programs & Systems Inc 6 – 25 CSX Corp 1,434 0.11
2 Computer Task Group Inc 8 – 2 CTS Corp 50 –
3 Comtech Telecommunications Corp 55 – 2 Cubic Corp 120 0.01
19 Conagra Brands Inc 477 0.04 7 Cullen/Frost Bankers Inc 537 0.04
2 Concert Pharmaceuticals Inc 18 – 1 Culp Inc 19 –
10 Concho Resources Inc 1,020 0.08 4 Cumberland Pharmaceuticals Inc 18 –
22 Conduent Inc 220 0.02 9 Cummins Inc 1,093 0.08
2 CONMED Corp 111 0.01 3 Curtiss-Wright Corp 280 0.02
2 Conn's Inc 45 – 3 Customers Bancorp Inc 49 –
1 Connecticut Water Service Inc 47 – – Cutera Inc 6 –
3 ConnectOne Bancorp Inc 50 – 15 CVB Financial Corp 267 0.02
32 ConocoPhillips 1,664 0.13 6 CVR Energy Inc 164 0.01
2 CONSOL Energy Inc 60 – 38 CVS Health Corp 2,408 0.19
7 Consolidated Communications Holdings Inc 78 0.01 – CyberOptics Corp 6 –
4 Consolidated Edison Inc 278 0.02 1 Cymabay Therapeutics Inc 5 –
2 Consolidated Water Co Ltd 17 – 23 Cypress Semiconductor Corp 251 0.02
1 Consolidated-Tomoka Land Co 27 – – Daily Journal Corp 19 –
6 Constellation Brands Inc, Class A 845 0.06 5 Daktronics Inc 35 –
– Constellation Brands Inc, Class B 11 – 16 Dana Inc 178 0.01
3 Consumer Portfolio Services Inc 9 – 8 Danaher Corp 686 0.05
3 Contango Oil & Gas Co 11 – 9 Darden Restaurants Inc 765 0.06
5 Continental Building Products Inc 107 0.01 13 Darling Ingredients Inc 226 0.02
12 Continental Resources Inc 424 0.03 2 Dasan Zhone Solutions Inc 15 –
2 Control4 Corp 27 – 6 Dave & Buster's Entertainment Inc 284 0.02
3 Cooper Cos Inc 614 0.05 15 DaVita Inc 780 0.06
5 Cooper Tire & Rubber Co 128 0.01 4 Dawson Geophysical Co 13 –
2 Cooper-Standard Holdings Inc 138 0.01 9 Dean Foods Co 37 –
2 Copa Holdings SA 148 0.01 3 Deckers Outdoor Corp 286 0.02
17 Copart Inc 665 0.05 14 Deere & Co 1,649 0.13
6 Corcept Therapeutics Inc 64 – 2 Del Frisco's Restaurant Group Inc 13 –
3 Core Laboratories NV 215 0.02 4 Del Taco Restaurants Inc 33 –
1 Core Molding Technologies Inc 4 – 9 Delek US Holdings Inc 278 0.02
3 Core-Mark Holding Co Inc 66 0.01 2 Dell Technologies Inc Class V 140 0.01
10 CoreLogic Inc 325 0.02 9 Delphi Technologies PLC 116 0.01
30 Corning Inc 770 0.06 40 Delta Air Lines Inc 1,890 0.15
3 CorVel Corp 147 0.01 1 Delta Apparel Inc 10 –
2 Corvus Pharmaceuticals Inc 11 – 6 Deluxe Corp 235 0.02
5 Costamare Inc 19 – 67 Denbury Resources Inc 119 0.01
– CoStar Group Inc 117 0.01 5 Denny's Corp 67 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 410
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
United States - 52.52% (continued) United States - 52.52% (continued)
8 Dentsply Sirona Inc 237 0.02 25 eBay Inc 591 0.05
2 Destination Maternity Corp 7 – 1 Ebix Inc 52 –
9 Destination XL Group Inc 20 – 2 Echo Global Logistics Inc 45 –
24 Devon Energy Corp 499 0.04 5 EchoStar Corp 152 0.01
1 DexCom Inc 79 0.01 19 Eclipse Resources Corp 17 –
11 DHI Group Inc 15 – 7 Ecolab Inc 848 0.07
13 DHT Holdings Inc 47 – 6 Edgewell Personal Care Co 195 0.01
– Diamond Hill Investment Group Inc 65 – 5 Edison International 200 0.02
8 Diamond Offshore Drilling Inc 81 0.01 4 Edwards Lifesciences Corp 497 0.04
10 Diamondback Energy Inc 893 0.07 1 eGain Corp 8 –
8 Dick's Sporting Goods Inc 230 0.02 2 eHealth Inc 67 0.01
3 Digi International Inc 30 – 3 El Paso Electric Co 135 0.01
2 Digirad Corp 1 – 4 El Pollo Loco Holdings Inc 45 –
3 Dillard's Inc 149 0.01 4 Eldorado Resorts Inc 147 0.01
3 Dime Community Bancshares Inc 49 – 2 Electro Scientific Industries Inc 50 –
5 Diodes Inc 143 0.01 6 Electronic Arts Inc 422 0.03
8 Diplomat Pharmacy Inc 93 0.01 5 Electronics For Imaging Inc 105 0.01
21 Discover Financial Services 1,149 0.09 10 Eli Lilly & Co 927 0.07
8 Discovery Inc, Class A 189 0.01 2 Ellie Mae Inc 101 0.01
14 Discovery Inc, Class C 305 0.02 2 EMC Insurance Group Inc 46 –
7 DISH Network Corp 186 0.01 4 EMCOR Group Inc 236 0.02
1 DMC Global Inc 30 – 2 EMCORE Corp 6 –
– DNB Financial Corp 10 – 3 Emergent BioSolutions Inc 194 0.01
4 Dolby Laboratories Inc 202 0.02 15 Emerson Electric Co 793 0.06
14 Dollar General Corp 1,187 0.09 3 Employers Holdings Inc 117 0.01
14 Dollar Tree Inc 982 0.08 1 Enanta Pharmaceuticals Inc 66 0.01
5 Dominion Energy Inc 300 0.02 11 Encompass Health Corp 671 0.05
1 Domino's Pizza Inc 312 0.02 3 Encore Capital Group Inc 58 –
7 Domtar Corp 223 0.02 2 Encore Wire Corp 69 0.01
16 Donaldson Co Inc 699 0.05 16 Endo International PLC 147 0.01
3 Donegal Group Inc 28 – 17 Endurance International Group Holdings Inc 109 0.01
5 Donnelley Financial Solutions Inc 70 0.01 3 Energizer Holdings Inc 121 0.01
4 Dorian LPG Ltd 21 – 3 EnerSys 206 0.02
3 Dorman Products Inc 233 0.02 4 Engility Holdings Inc 100 0.01
3 Douglas Dynamics Inc 91 0.01 19 EnLink Midstream LLC 169 0.01
15 Dover Corp 1,031 0.08 2 Ennis Inc 36 –
46 DowDuPont Inc 2,074 0.16 4 Enova International Inc 74 0.01
17 DR Horton Inc 510 0.04 2 EnPro Industries Inc 134 0.01
3 Dril-Quip Inc 89 0.01 48 Ensco PLC 213 0.02
5 Drive Shack Inc 19 – 4 Ensign Group Inc 132 0.01
1 DSP Group Inc 11 – 2 Enstar Group Ltd 260 0.02
5 DSW Inc 118 0.01 1 Entegra Financial Corp 11 –
3 DTE Energy Co 238 0.02 16 Entegris Inc 361 0.03
1 Ducommun Inc 22 – 8 Entercom Communications Corp 41 –
4 Duke Energy Corp 310 0.02 3 Entergy Corp 220 0.02
2 Dun & Bradstreet Corp 260 0.02 1 Enterprise Bancorp Inc 31 –
5 Dunkin' Brands Group Inc 297 0.02 3 Enterprise Financial Services Corp 89 0.01
19 DXC Technology Co 937 0.07 6 Entravision Communications Corp 16 –
2 DXP Enterprises Inc 46 – 1 Envestnet Inc 53 –
4 Dycom Industries Inc 208 0.02 7 Enzo Biochem Inc 17 –
21 E*TRADE Financial Corp 860 0.07 17 EOG Resources Inc 1,385 0.11
4 Eagle Bancorp Inc 175 0.01 19 EP Energy Corp 16 –
1 Eagle Bancorp Montana Inc 15 – 3 EPAM Systems Inc 267 0.02
4 Eagle Materials Inc 233 0.02 2 Epizyme Inc 12 –
1 Eagle Pharmaceuticals Inc 37 – 1 ePlus Inc 64 –
3 Earthstone Energy Inc 18 – 8 EQT Corp 114 0.01
12 East West Bancorp Inc 492 0.04 4 Equifax Inc 340 0.03
1 Eastern Co 15 – 6 Equitrans Midstream Corp 109 0.01
12 Eastman Chemical Co 726 0.06 1 Equity Bancshares Inc 34 –
2 Eastman Kodak Co 7 – 3 Era Group Inc 23 –
17 Eaton Corp PLC 1,009 0.08 5 Erie Indemnity Co 537 0.04
15 Eaton Vance Corp 475 0.04 2 Escalade Inc 19 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 411
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
United States - 52.52% (continued) United States - 52.52% (continued)
2 ESCO Technologies Inc 126 0.01 11 Finisar Corp 207 0.02
1 ESSA Bancorp Inc 19 – 2 Finjan Holdings Inc 5 –
4 Essendant Inc 35 – 11 First American Financial Corp 435 0.03
11 Essent Group Ltd 321 0.02 23 First Bancorp (Puerto Rico) 166 0.01
2 Estee Lauder Cos Inc 252 0.02 3 First Bancorp (Southern Pines NC) 94 0.01
2 Esterline Technologies Corp 181 0.01 1 First Bancorp Inc 27 –
3 Ethan Allen Interiors Inc 47 – 1 First Bancshares Inc 40 –
1 Etsy Inc 50 – 2 First Bank 19 –
6 Euronet Worldwide Inc 524 0.04 5 First Busey Corp 111 0.01
1 Evans Bancorp Inc 20 – 1 First Business Financial Services Inc 22 –
5 Evercore Inc 355 0.03 – First Capital Inc 13 –
3 Everest Re Group Ltd 463 0.04 – First Choice Bancorp 7 –
9 Evergy Inc 442 0.03 1 First Citizens BancShares Inc 390 0.03
4 Eversource Energy 239 0.02 11 First Commonwealth Financial Corp 116 0.01
10 Evertec Inc 216 0.02 2 First Community Bankshares Inc 52 –
8 Evolent Health Inc 163 0.01 1 First Community Corp 20 –
2 Evolution Petroleum Corp 14 – 12 First Data Corp 172 0.01
5 EW Scripps Co 72 0.01 2 First Defiance Financial Corp 37 –
1 Exact Sciences Corp 57 – 10 First Financial Bancorp 223 0.02
6 Exela Technologies Inc 20 – 4 First Financial Bankshares Inc 198 0.02
12 Exelixis Inc 191 0.01 – First Financial Corp 13 –
10 Exelon Corp 379 0.03 1 First Financial Northwest Inc 13 –
2 ExlService Holdings Inc 96 0.01 3 First Foundation Inc 40 –
1 ExOne Co 8 – 1 First Guaranty Bancshares Inc 9 –
5 Expedia Group Inc 475 0.04 14 First Hawaiian Inc 286 0.02
11 Expeditors International of Washington Inc 638 0.05 34 First Horizon National Corp 445 0.03
3 Exponent Inc 134 0.01 1 First Internet Bancorp 16 –
8 Express Inc 38 – 4 First Interstate BancSystem Inc 134 0.01
32 Express Scripts Holding Co 2,585 0.20 6 First Merchants Corp 183 0.01
22 Extended Stay America Inc 317 0.02 2 First Mid-Illinois Bancshares Inc 49 –
3 Exterran Corp 52 – 11 First Midwest Bancorp Inc 205 0.02
4 Extreme Networks Inc 20 – 2 First Northwest Bancorp 20 –
93 Exxon Mobil Corp 5,803 0.45 2 First of Long Island Corp 42 –
5 Ezcorp Inc 37 – 7 First Republic Bank 513 0.04
4 F5 Networks Inc 525 0.04 – First Savings Financial Group Inc 19 –
4 Fabrinet 151 0.01 10 First Solar Inc 360 0.03
31 Facebook Inc 3,469 0.27 1 First United Corp 11 –
2 FactSet Research Systems Inc 300 0.02 4 FirstCash Inc 279 0.02
2 Fair Isaac Corp 284 0.02 8 FirstEnergy Corp 233 0.02
2 Farmer Brothers Co 38 – 7 Fiserv Inc 448 0.03
4 Farmers National Banc Corp 42 – 23 Fitbit Inc 99 0.01
1 FARO Technologies Inc 54 – 5 Five Below Inc 423 0.03
7 Fastenal Co 331 0.03 4 Five Prime Therapeutics Inc 37 –
3 FB Financial Corp 94 0.01 2 Five Star Senior Living Inc 1 –
1 FBL Financial Group Inc 44 – 7 Flagstar Bancorp Inc 166 0.01
5 FCB Financial Holdings Inc 147 0.01 5 FleetCor Technologies Inc 684 0.05
1 Federal Agricultural Mortgage Corp 31 – 50 Flex Ltd 343 0.03
4 Federal Signal Corp 81 0.01 1 Flexsteel Industries Inc 10 –
13 Federated Investors Inc 276 0.02 10 FLIR Systems Inc 354 0.03
9 FedEx Corp 1,561 0.12 4 Floor & Decor Holdings Inc 111 0.01
1 FedNat Holding Co 22 – 3 Flotek Industries Inc 3 –
8 Feelingk Co Ltd 12 – 17 Flowers Foods Inc 260 0.02
12 Ferro Corp 181 0.01 9 Flowserve Corp 358 0.03
5 Ferroglobe PLC 8 – 10 Fluor Corp 321 0.02
12 Ferroglobe Representation & Warrants Insurance 3 Flushing Financial Corp 48 –
Trust – –
9 FMC Corp 614 0.05
1 FibroGen Inc 18 –
35 FNB Corp 338 0.03
23 Fidelity National Financial Inc 596 0.05
1 FONAR Corp 11 –
12 Fidelity National Information Services Inc 1,020 0.08
12 Foot Locker Inc 514 0.04
3 Fidelity Southern Corp 54 –
141 Ford Motor Co 1,040 0.08
3 Fiesta Restaurant Group Inc 44 –
– Forestar Group Inc 5 –
31 Fifth Third Bancorp 678 0.05
8 FormFactor Inc 103 0.01
2 Financial Institutions Inc 45 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 412
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
United States - 52.52% (continued) United States - 52.52% (continued)
1 Forrester Research Inc 51 – 2 Global Blood Therapeutics Inc 57 –
2 Fortinet Inc 134 0.01 3 Global Brass & Copper Holdings Inc 87 0.01
7 Fortive Corp 401 0.03 3 Global Eagle Entertainment Inc 6 –
14 Fortune Brands Home & Security Inc 469 0.04 1 Global Indemnity Ltd 27 –
11 Forum Energy Technologies Inc 58 – 5 Global Payments Inc 399 0.03
2 Forward Air Corp 108 0.01 2 Global Water Resources Inc 14 –
5 Fossil Group Inc 75 0.01 1 GlobalSCAPE Inc 3 –
5 Fox Factory Holding Corp 241 0.02 2 Globant SA 84 0.01
4 Francesca's Holdings Corp 6 – 5 Globus Medical Inc 183 0.01
22 Frank's International NV 127 0.01 3 GMS Inc 42 –
1 Franklin Covey Co 19 – 6 GoDaddy Inc 295 0.02
3 Franklin Electric Co Inc 122 0.01 8 Gold Resource Corp 25 –
2 Franklin Financial Network Inc 46 – 1 Golden Ocean Group Ltd 5 –
16 Franklin Resources Inc 421 0.03 6 Goldfield Corp 11 –
2 Fred's Inc 5 – 8 Goldman Sachs Group Inc 1,162 0.09
71 Freeport-McMoRan Inc 670 0.05 1 Goodrich Petroleum Corp 8 –
1 FreightCar America Inc 11 – 27 Goodyear Tire & Rubber Co 487 0.04
1 Frequency Electronics Inc 13 – 2 Gorman-Rupp Co 63 –
3 Fresh Del Monte Produce Inc 71 0.01 2 GP Strategies Corp 20 –
7 Frontdoor Inc 125 0.01 16 Graco Inc 559 0.04
4 Frontier Communications Corp 12 – 2 GrafTech International Ltd 23 –
1 FRP Holdings Inc 39 – 1 Graham Corp 14 –
– FS Bancorp Inc 17 – – Graham Holdings Co 239 0.02
2 FTD Cos Inc 3 – 6 Grand Canyon Education Inc 532 0.04
3 FTI Consulting Inc 170 0.01 5 Granite Construction Inc 190 0.01
3 Full House Resorts Inc 6 – 45 Graphic Packaging Holding Co 419 0.03
12 Fulton Financial Corp 163 0.01 9 Gray Television Inc 126 0.01
5 FutureFuel Corp 66 0.01 3 Great Lakes Dredge & Dock Corp 20 –
4 G-III Apparel Group Ltd 131 0.01 1 Great Southern Bancorp Inc 63 –
1 Gaia Inc 11 – 6 Great Western Bancorp Inc 187 0.01
5 Gain Capital Holdings Inc 31 – 4 Green Bancorp Inc 60 –
1 GAMCO Investors Inc 14 – 3 Green Brick Partners Inc 20 –
9 GameStop Corp 97 0.01 4 Green Dot Corp 249 0.02
11 Gannett Co Inc 87 0.01 3 Green Plains Inc 39 –
38 Gap Inc 823 0.06 3 Greenbrier Cos Inc 129 0.01
14 Gardner Denver Holdings Inc 266 0.02 – Greene County Bancorp Inc 8 –
12 Garmin Ltd 640 0.05 2 Greenhill & Co Inc 36 –
– Garrett Motion Inc 4 – 3 Greenlight Capital Re Ltd 24 –
2 Gartner Inc 233 0.02 4 Greif Inc (Class A) 143 0.01
8 GasLog Ltd 130 0.01 2 Greif Inc (Class B) 77 0.01
2 GATX Corp 114 0.01 – Griffin Industrial Realty Inc 10 –
9 GCI Liberty Inc 352 0.03 1 Griffon Corp 8 –
8 GCP Applied Technologies Inc 177 0.01 1 Group 1 Automotive Inc 49 –
3 Genco Shipping & Trading Ltd 17 – 68 Groupon Inc 164 0.01
2 Gencor Industries Inc 14 – 4 GrubHub Inc 241 0.02
8 Generac Holdings Inc 355 0.03 3 GSI Technology Inc 15 –
168 General Electric Co 988 0.08 6 GTT Communications Inc 168 0.01
26 General Mills Inc 866 0.07 2 Guaranty Bancorp 31 –
53 General Motors Co 1,585 0.12 1 Guaranty Bancshares Inc 27 –
1 Genesco Inc 47 – 1 Guaranty Federal Bancshares Inc 11 –
6 Genesee & Wyoming Inc 407 0.03 6 Guess? Inc 115 0.01
4 Genie Energy Ltd 19 – 2 Guidewire Software Inc 130 0.01
20 Genpact Ltd 482 0.04 1 Gulf Island Fabrication Inc 7 –
31 Gentex Corp 539 0.04 9 Gulfport Energy Corp 57 –
3 Gentherm Inc 124 0.01 6 H&E Equipment Services Inc 103 0.01
7 Genuine Parts Co 586 0.05 13 H&R Block Inc 279 0.02
15 Genworth Financial Inc 54 – 2 Habit Restaurants Inc 22 –
1 Geospace Technologies Corp 16 – 4 Hackett Group Inc 57 –
3 German American Bancorp Inc 67 0.01 3 Haemonetics Corp 218 0.02
3 Gibraltar Industries Inc 97 0.01 6 Hain Celestial Group Inc 91 0.01
45 Gilead Sciences Inc 2,536 0.20 5 Halcon Resources Corp 11 –
7 Glacier Bancorp Inc 242 0.02 5 Hallador Energy Co 24 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 413
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
United States - 52.52% (continued) United States - 52.52% (continued)
22 Halliburton Co 552 0.04 7 Hillenbrand Inc 259 0.02
1 Hallmark Financial Services Inc 10 – 7 Hilltop Holdings Inc 115 0.01
6 Halozyme Therapeutics Inc 74 0.01 5 Hilton Grand Vacations Inc 118 0.01
1 Hamilton Beach Brands Holding Co 11 – 11 Hilton Worldwide Holdings Inc 669 0.05
2 Hamilton Lane Inc 48 – – Hingham Institution for Savings 35 –
9 Hancock Whitney Corp 293 0.02 5 HMS Holdings Corp 145 0.01
50 Hanesbrands Inc 628 0.05 4 HNI Corp 120 0.01
1 Hanger Inc 16 – 21 HollyFrontier Corp 1,053 0.08
3 Hanmi Financial Corp 56 – 34 Hologic Inc 1,169 0.09
5 Hanover Insurance Group Inc 414 0.03 19 Home BancShares Inc 288 0.02
3 HarborOne Bancorp Inc 39 – 12 Home Depot Inc 1,751 0.13
19 Harley-Davidson Inc 627 0.05 2 HomeStreet Inc 52 –
9 Harmonic Inc 39 – 2 HomeTrust Bancshares Inc 42 –
4 Harris Corp 465 0.04 5 Honeywell International Inc 548 0.04
10 Harsco Corp 217 0.02 1 Hooker Furniture Corp 19 –
16 Hartford Financial Services Group Inc 567 0.04 14 Hope Bancorp Inc 173 0.01
5 Harvard Bioscience Inc 17 – 1 HopFed Bancorp Inc 8 –
9 Hasbro Inc 634 0.05 2 Horace Mann Educators Corp 60 –
– Hatsun Agro Product – – 4 Horizon Bancorp Inc 59 –
1 Haverty Furniture Cos Inc 18 – 2 Horizon Global Corp 2 –
7 Hawaiian Electric Industries Inc 212 0.02 15 Horizon Pharma PLC 238 0.02
7 Hawaiian Holdings Inc 206 0.02 18 Hormel Foods Corp 633 0.05
1 Hawkins Inc 33 – 1 Hornbeck Offshore Services Inc 3 –
1 Hawthorn Bancshares Inc 12 – 8 Hostess Brands Inc 72 0.01
1 Haynes International Inc 23 – 10 Houghton Mifflin Harcourt Co 79 0.01
5 HB Fuller Co 199 0.02 2 Houlihan Lokey Inc 71 0.01
3 HCA Healthcare Inc 377 0.03 2 Houston Wire & Cable Co 10 –
1 HCI Group Inc 45 – 11 Hovnanian Enterprises Inc 11 –
19 HD Supply Holdings Inc 606 0.05 1 Howard Bancorp Inc 7 –
3 Healthcare Services Group Inc 123 0.01 5 Howard Hughes Corp 401 0.03
2 HealthEquity Inc 113 0.01 34 HP Inc 611 0.05
2 HealthStream Inc 42 – 4 Hub Group Inc 125 0.01
10 Heartland Express Inc 160 0.01 6 Hubbell Inc 484 0.04
4 Heartland Financial USA Inc 151 0.01 – HubSpot Inc 41 –
32 Hecla Mining Co 60 – 5 Hudson Technologies Inc 4 –
7 HEICO Corp, Class A 360 0.03 8 Humana Inc 2,129 0.16
5 HEICO Corp, Class B 324 0.02 54 Huntington Bancshares Inc 621 0.05
2 Heidrick & Struggles International Inc 46 – 3 Huntington Ingalls Industries Inc 570 0.04
2 Helen of Troy Ltd 204 0.02 25 Huntsman Corp 393 0.03
13 Helix Energy Solutions Group Inc 83 0.01 – Hurco Cos Inc 14 –
10 Helmerich & Payne Inc 473 0.04 3 Huron Consulting Group Inc 118 0.01
1 Hemisphere Media Group Inc 14 – 2 Huttig Building Products Inc 4 –
1 Hennessy Advisors Inc 9 – 3 Hyatt Hotels Corp 169 0.01
13 Henry Schein Inc 918 0.07 1 Hyster-Yale Materials Handling Inc 72 0.01
9 Herbalife Nutrition Ltd 401 0.03 1 IAC/InterActiveCorp 127 0.01
4 Herc Holdings Inc 118 0.01 6 Iberiabank Corp 341 0.03
5 Heritage Commerce Corp 55 – 1 ICF International Inc 80 0.01
4 Heritage Financial Corp 106 0.01 – Ichor Holdings Ltd 6 –
3 Heritage Insurance Holdings Inc 34 – 1 ICU Medical Inc 189 0.01
3 Heritage-Crystal Clean Inc 65 – 3 IDACORP Inc 266 0.02
8 Herman Miller Inc 213 0.02 3 IDEX Corp 342 0.03
3 Hershey Co 277 0.02 2 IDEXX Laboratories Inc 319 0.02
6 Hertz Global Holdings Inc 90 0.01 3 IDT Corp 16 –
– Heska Corp 25 – 1 IES Holdings Inc 20 –
11 Hess Corp 466 0.04 5 II-VI Inc 134 0.01
68 Hewlett Packard Enterprise Co 805 0.06 3 Illinois Tool Works Inc 346 0.03
10 Hexcel Corp 463 0.04 1 Illumina Inc 380 0.03
6 HFF Inc 186 0.01 5 IMAX Corp 72 0.01
2 Hibbett Sports Inc 26 – 3 Immersion Corp 25 –
12 HighPoint Resources Corp 29 – 3 Immune Design Corp 3 –
5 Hill International Inc 13 – 1 Impac Mortgage Holdings Inc 4 –
7 Hill-Rom Holdings Inc 550 0.04 2 Imperva Inc 80 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 414
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
United States - 52.52% (continued) United States - 52.52% (continued)
1 Incyte Corp 67 0.01 7 IQVIA Holdings Inc 680 0.05
3 Independence Contract Drilling Inc 8 – 12 Iridium Communications Inc 223 0.02
1 Independence Holding Co 40 – 2 iRobot Corp 112 0.01
3 Independent Bank Corp (Massachusetts) 178 0.01 – Isramco Inc 15 –
3 Independent Bank Corp (Michigan) 55 – 2 Itron Inc 102 0.01
3 Independent Bank Group Inc 139 0.01 6 ITT Inc 263 0.02
16 Infinera Corp 55 – 2 J Alexander's Holdings Inc 18 –
1 Infinity Pharmaceuticals Inc 1 – 1 J&J Snack Foods Corp 135 0.01
3 Information Services Group Inc 10 – 3 J. Jill Inc 15 –
9 Ingersoll-Rand PLC 750 0.06 5 j2 Global Inc 295 0.02
3 Ingevity Corp 232 0.02 19 Jabil Inc 372 0.03
1 Ingles Markets Inc 22 – 5 Jack Henry & Associates Inc 499 0.04
7 Ingredion Inc 584 0.04 2 Jack in the Box Inc 137 0.01
4 InnerWorkings Inc 13 – 9 Jacobs Engineering Group Inc 483 0.04
2 Innophos Holdings Inc 46 – 3 James River Group Holdings Ltd 105 0.01
3 Innospec Inc 145 0.01 20 Janus Henderson Group PLC 371 0.03
7 Innoviva Inc 99 0.01 6 Jazz Pharmaceuticals PLC 670 0.05
1 Inogen Inc 104 0.01 8 JB Hunt Transport Services Inc 697 0.05
6 Inovio Pharmaceuticals Inc 25 – 23 JC Penney Co Inc 26 –
1 Inphi Corp 27 – 35 Jefferies Financial Group Inc 600 0.05
2 Insight Enterprises Inc 70 0.01 5 Jeld Wen Holding Inc 74 0.01
3 Insperity Inc 230 0.02 35 JetBlue Airways Corp 534 0.04
2 Installed Building Products Inc 67 0.01 4 JM Smucker Co 329 0.03
2 Insteel Industries Inc 48 – 1 John B Sanfilippo & Son Inc 42 –
1 Insulet Corp 39 – 4 John Bean Technologies Corp 242 0.02
2 Integer Holdings Corp 161 0.01 5 John Wiley & Sons Inc, Class A 219 0.02
5 Integra LifeSciences Holdings Corp 202 0.02 1 John Wiley & Sons Inc, Class B 24 –
7 Integrated Device Technology Inc 260 0.02 30 Johnson & Johnson 3,403 0.26
159 Intel Corp 6,155 0.47 35 Johnson Controls International PLC 945 0.07
2 Intellia Therapeutics Inc 22 – 1 Johnson Outdoors Inc 44 –
8 Intelsat SA 159 0.01 5 Jones Lang LaSalle Inc 544 0.04
2 Inter Parfums Inc 91 0.01 – Jounce Therapeutics Inc 2 –
10 Interactive Brokers Group Inc 450 0.03 89 JPMorgan Chase & Co 7,752 0.60
15 Intercontinental Exchange Inc 936 0.07 23 Juniper Networks Inc 517 0.04
4 InterDigital Inc 242 0.02 3 K12 Inc 64 –
8 Interface Inc 99 0.01 1 Kadant Inc 57 –
1 Internap Corp 4 – 1 Kaiser Aluminum Corp 77 0.01
7 International Bancshares Corp 213 0.02 7 Kansas City Southern 541 0.04
13 International Business Machines Corp 1,310 0.10 15 KAR Auction Services Inc 676 0.05
– International Flavors & Fragrances Inc (Israel 2 Karyopharm Therapeutics Inc 15 –
listing) 23 –
9 KB Home 146 0.01
6 International Flavors & Fragrances Inc (US listing) 633 0.05
15 KBR Inc 213 0.02
15 International Game Technology PLC 202 0.02
12 Keane Group Inc 102 0.01
23 International Paper Co 837 0.06
11 Kearny Financial Corp 113 0.01
3 International Seaways Inc 50 –
8 Kellogg Co 412 0.03
44 Interpublic Group of Cos Inc 814 0.06
2 Kelly Services Inc 43 –
2 inTEST Corp 8 –
6 KEMET Corp 103 0.01
4 Intevac Inc 13 –
7 Kemper Corp 412 0.03
2 INTL. FCStone Inc 60 –
8 Kennametal Inc 278 0.02
2 Intra-Cellular Therapies Inc 28 –
13 Kennedy-Wilson Holdings Inc 201 0.02
12 Intrepid Potash Inc 31 –
– Kewaunee Scientific Corp 8 –
1 IntriCon Corp 14 –
38 KeyCorp 547 0.04
4 Intuit Inc 709 0.05
13 Keysight Technologies Inc 652 0.05
1 Intuitive Surgical Inc 341 0.03
5 KeyW Holding Corp 41 –
2 Invacare Corp 10 –
4 Kforce Inc 105 0.01
13 Invesco Ltd 212 0.02
2 Kimball Electronics Inc 32 –
1 Investar Holding Corp 22 –
5 Kimball International Inc 54 –
4 Investment Technology Group Inc 87 0.01
5 Kimberly-Clark Corp 460 0.04
32 Investors Bancorp Inc 310 0.02
78 Kinder Morgan Inc 1,045 0.08
– Investors Title Co 34 –
4 Kindred Biosciences Inc 42 –
1 ION Geophysical Corp 5 –
1 Kingstone Cos Inc 18 –
3 Ionis Pharmaceuticals Inc 141 0.01
1 Kinsale Capital Group Inc 36 –
2 IPG Photonics Corp 228 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 415
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
United States - 52.52% (continued) United States - 52.52% (continued)
6 Kirby Corp 381 0.03 5 Liberty Expedia Holdings Inc 177 0.01
1 Kirkland's Inc 11 – 2 Liberty Latin America Ltd 32 –
3 KLA-Tencor Corp 257 0.02 – Liberty Media Corp-Liberty Braves, Class A 5 –
2 KLX Energy Services Holdings Inc 32 – – Liberty Media Corp-Liberty Braves, Class C 8 –
18 Knight-Swift Transportation Holdings Inc 495 0.04 1 Liberty Media Corp-Liberty Formula One, Class A 13 –
5 Knoll Inc 71 0.01 1 Liberty Media Corp-Liberty Formula One, Class C 24 –
9 Knowles Corp 109 0.01 2 Liberty Media Corp-Liberty SiriusXM, Class A 73 0.01
26 Kohl's Corp 1,357 0.10 4 Liberty Media Corp-Liberty SiriusXM, Class C 130 0.01
5 Kopin Corp 7 – 1 Liberty Tax Inc 7 –
2 Koppers Holdings Inc 26 – 5 Liberty TripAdvisor Holdings Inc 77 0.01
5 Korn/Ferry International 189 0.01 1 Lifetime Brands Inc 7 –
34 Kosmos Energy Ltd 144 0.01 1 Lifevantage Corp 13 –
12 Kraft Heinz Co 475 0.04 1 Lifeway Foods Inc 2 –
2 Kraton Corp 46 – 1 Ligand Pharmaceuticals Inc 118 0.01
9 Kratos Defense & Security Solutions Inc 94 0.01 7 Limelight Networks Inc 18 –
45 Kroger Co 1,051 0.08 2 Limoneira Co 36 –
8 Kronos Worldwide Inc 79 0.01 7 Lincoln Electric Holdings Inc 489 0.04
3 Kulicke & Soffa Industries Inc 54 – 8 Lincoln National Corp 395 0.03
2 KVH Industries Inc 21 – 6 Lindblad Expeditions Holdings Inc 58 –
10 L Brands Inc 266 0.02 5 Linde PLC 660 0.05
2 L3 Technologies Inc 340 0.03 3 Linde PLC 384 0.03
5 La-Z-Boy Inc 108 0.01 1 Lindsay Corp 69 0.01
3 Laboratory Corp of America Holdings 398 0.03 8 Lions Gate Entertainment Corp, Class A 121 0.01
14 Ladenburg Thalmann Financial Services Inc 31 – 14 Lions Gate Entertainment Corp, Class B 198 0.02
5 Lakeland Bancorp Inc 64 – 2 Lipocine Inc 2 –
2 Lakeland Financial Corp 65 – 4 Liquidity Services Inc 19 –
1 Lakeland Industries Inc 7 – 3 Lithia Motors Inc 185 0.01
9 Lam Research Corp 1,062 0.08 2 Littelfuse Inc 257 0.02
5 Lamb Weston Holdings Inc 272 0.02 4 LivaNova PLC 349 0.03
3 Lancaster Colony Corp 424 0.03 13 Live Nation Entertainment Inc 572 0.04
3 Landec Corp 33 – 4 Live Oak Bancshares Inc 52 –
– Landmark Bancorp Inc 8 – 1 LivePerson Inc 18 –
1 Lands' End Inc 21 – 5 LiveRamp Holdings Inc 191 0.01
5 Landstar System Inc 404 0.03 22 LKQ Corp 486 0.04
2 Lannett Co Inc 8 – 13 Loews Corp 477 0.04
3 Lantheus Holdings Inc 48 – 5 LogMeIn Inc 380 0.03
32 Laredo Petroleum Inc 109 0.01 1 Lonestar Resources US Inc 8 –
7 Las Vegas Sands Corp 311 0.02 19 Louisiana-Pacific Corp 334 0.03
6 Lattice Semiconductor Corp 27 – 8 Lowe's Cos Inc 577 0.04
10 Laureate Education Inc 121 0.01 – Loxo Oncology Inc 34 –
1 Lawson Products Inc 33 – 12 LPL Financial Holdings Inc 594 0.05
14 Lazard Ltd 430 0.03 7 LRAD Corp 15 –
1 LB Foster Co 21 – 2 LSB Industries Inc 14 –
3 LCI Industries 171 0.01 3 LSC Communications Inc 25 –
1 LCNB Corp 14 – 3 LSI Industries Inc 11 –
2 Leaf Group Ltd 14 – 2 Luby's Inc 3 –
7 Lear Corp 749 0.06 8 Lululemon Athletica Inc 793 0.06
6 Lee Enterprises Inc 10 – 4 Lumentum Holdings Inc 151 0.01
5 LegacyTexas Financial Group Inc 159 0.01 5 Luminex Corp 113 0.01
8 Legg Mason Inc 188 0.01 3 Luna Innovations Inc 8 –
14 Leggett & Platt Inc 433 0.03 2 Luxoft Holding Inc 43 –
10 Leidos Holdings Inc 514 0.04 1 Lydall Inc 22 –
2 LeMaitre Vascular Inc 35 – 20 LyondellBasell Industries NV 1,438 0.11
48 LendingClub Corp 129 0.01 5 M&T Bank Corp 644 0.05
– LendingTree Inc 69 0.01 2 M/I Homes Inc 37 –
12 Lennar Corp, Class A 391 0.03 4 Macatawa Bank Corp 30 –
1 Lennar Corp, Class B 39 – 1 Mackinac Financial Corp 9 –
2 Lennox International Inc 296 0.02 9 Macquarie Infrastructure Corp 297 0.02
3 LHC Group Inc 262 0.02 1 MacroGenics Inc 14 –
2 Libbey Inc 9 – 36 Macy's Inc 977 0.08
1 Liberty Broadband Corp, Class A 76 0.01 2 Madison Square Garden Co 340 0.03
6 Liberty Broadband Corp, Class C 393 0.03 – Madrigal Pharmaceuticals Inc 13 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 416
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
United States - 52.52% (continued) United States - 52.52% (continued)
2 Magellan Health Inc 70 0.01 2 Medifast Inc 181 0.01
3 MagnaChip Semiconductor Corp 14 – 10 MEDNAX Inc 306 0.02
7 Maiden Holdings Ltd 14 – 2 Medpace Holdings Inc 105 0.01
3 Malibu Boats Inc 127 0.01 19 Medtronic PLC 1,424 0.11
9 Mallinckrodt PLC 164 0.01 8 Meet Group Inc 24 –
1 Malvern Bancorp Inc 15 – – MEI Pharma Inc 1 –
2 Mammoth Energy Services Inc 35 – 2 Mercantile Bank Corp 51 –
4 Manhattan Associates Inc 162 0.01 8 Mercer International Inc 75 0.01
2 Manitex International Inc 12 – 50 Merck & Co Inc 3,134 0.24
4 Manitowoc Co Inc 54 – 6 Mercury General Corp 266 0.02
2 Manning & Napier Inc 2 – 3 Mercury Systems Inc 109 0.01
7 ManpowerGroup Inc 424 0.03 4 Meredith Corp 202 0.02
2 ManTech International Corp 66 0.01 6 Meridian Bancorp Inc 71 0.01
40 Marathon Oil Corp 517 0.04 4 Meridian Bioscience Inc 56 –
23 Marathon Petroleum Corp 1,200 0.09 3 Merit Medical Systems Inc 148 0.01
9 Marchex Inc 21 – 3 Meritage Homes Corp 91 0.01
5 Marcus & Millichap Inc 140 0.01 13 Meritor Inc 175 0.01
1 Marcus Corp 43 – – Mesa Laboratories Inc 35 –
3 Marine Products Corp 58 – 3 Meta Financial Group Inc 53 –
2 MarineMax Inc 31 – 3 Methode Electronics Inc 81 0.01
1 Markel Corp 498 0.04 28 MetLife Inc 969 0.07
2 MarketAxess Holdings Inc 370 0.03 1 Mettler-Toledo International Inc 277 0.02
1 Marlin Business Services Corp 26 – 3 MGE Energy Inc 131 0.01
5 Marriott International Inc 444 0.03 38 MGIC Investment Corp 350 0.03
4 Marriott Vacations Worldwide Corp 241 0.02 24 MGM Resorts International 512 0.04
12 Marsh & McLennan Cos Inc 846 0.07 2 MGP Ingredients Inc 115 0.01
3 Marten Transport Ltd 48 – 16 Michael Kors Holdings Ltd 533 0.04
3 Martin Marietta Materials Inc 485 0.04 10 Michaels Cos Inc 139 0.01
41 Marvell Technology Group Ltd 519 0.04 9 Microchip Technology Inc 528 0.04
8 Masco Corp 194 0.01 51 Micron Technology Inc 1,544 0.12
2 Masimo Corp 204 0.02 75 Microsoft Corp 6,532 0.50
4 Masonite International Corp 152 0.01 1 MicroStrategy Inc 56 –
11 MasTec Inc 403 0.03 4 Middleby Corp 379 0.03
8 Mastercard Inc 1,282 0.10 – Middlefield Banc Corp 14 –
1 MasterCraft Boat Holdings Inc 20 – 1 Middlesex Water Co 44 –
12 Matador Resources Co 216 0.02 1 Midland States Bancorp Inc 13 –
3 Match Group Inc 98 0.01 2 MidSouth Bancorp Inc 20 –
1 Materion Corp 50 – 1 MidWestOne Financial Group Inc 27 –
2 Matrix Service Co 38 – 8 Milacron Holdings Corp 86 0.01
5 Matson Inc 147 0.01 1 Miller Industries Inc 20 –
14 Mattel Inc 157 0.01 – Mimecast Ltd 12 –
3 Matthews International Corp 105 0.01 2 MiMedx Group Inc 5 –
2 Maui Land & Pineapple Co Inc 17 – 1 MINDBODY Inc 22 –
5 Maxim Integrated Products Inc 200 0.02 4 Minerals Technologies Inc 160 0.01
7 MAXIMUS Inc 388 0.03 3 Minerva Neurosciences Inc 21 –
4 MaxLinear Inc 66 0.01 2 Mirati Therapeutics Inc 49 –
4 Maxwell Technologies Inc 8 – 3 Mistras Group Inc 46 –
8 MB Financial Inc 297 0.02 2 Mitek Systems Inc 17 –
9 MBIA Inc 65 – 4 MKS Instruments Inc 240 0.02
2 MBT Financial Corp 22 – – MMA Capital Management LLC 8 –
1 McClatchy Co 4 – 3 Mobile Mini Inc 94 0.01
3 McCormick & Co Inc (non-voting rights) 364 0.03 4 Modine Manufacturing Co 44 –
– McCormick & Co Inc (voting rights) 29 – 6 Moelis & Co 194 0.01
19 McDermott International Inc 131 0.01 2 Mohawk Industries Inc 198 0.02
6 McDonald's Corp 842 0.06 3 Molina Healthcare Inc 359 0.03
10 McEwen Mining Inc 13 – 11 Molson Coors Brewing Co 567 0.04
3 McGrath RentCorp 114 0.01 1 Momenta Pharmaceuticals Inc 6 –
9 McKesson Corp 883 0.07 1 Monarch Casino & Resort Inc 28 –
4 MDC Holdings Inc 96 0.01 14 Mondelez International Inc 511 0.04
21 MDU Resources Group Inc 445 0.03 3 MoneyGram International Inc 5 –
5 Media General Inc CVR – – 2 Monolithic Power Systems Inc 198 0.02
1 Medidata Solutions Inc 79 0.01 2 Monotype Imaging Holdings Inc 31 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 417
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
United States - 52.52% (continued) United States - 52.52% (continued)
3 Monro Inc 160 0.01 13 NCR Corp 279 0.02
8 Monster Beverage Corp 377 0.03 1 NCS Multistage Holdings Inc 4 –
3 Moody's Corp 417 0.03 2 Neenah Inc 130 0.01
3 Moog Inc 239 0.02 3 Nelnet Inc 113 0.01
27 Morgan Stanley 946 0.07 1 Neogen Corp 62 –
5 Morningstar Inc 432 0.03 4 NeoGenomics Inc 50 –
26 Mosaic Co 725 0.06 2 NeoPhotonics Corp 13 –
2 Motorcar Parts of America Inc 28 – 21 NetApp Inc 1,078 0.08
2 Motorola Solutions Inc 172 0.01 2 Netflix Inc 353 0.03
– Movado Group Inc 13 – 2 NETGEAR Inc 76 0.01
7 Mr Cooper Group Inc 81 0.01 – Netmarble Corp 14 –
10 MRC Global Inc 119 0.01 8 NetScout Systems Inc 174 0.01
3 MSA Safety Inc 233 0.02 1 Neurocrine Biosciences Inc 71 0.01
1 MSB Financial Corp 11 – 2 New Home Co Inc 10 –
5 MSC Industrial Direct Co Inc 334 0.03 7 New Jersey Resources Corp 258 0.02
3 MSCI Inc 414 0.03 6 New Media Investment Group Inc 64 –
5 MSG Networks Inc 97 0.01 1 New Relic Inc 45 –
2 MTS Systems Corp 82 0.01 52 New York Community Bancorp Inc 435 0.03
7 Mueller Industries Inc 132 0.01 10 New York Times Co 215 0.02
19 Mueller Water Products Inc 154 0.01 10 Newell Brands Inc 184 0.01
2 Multi-Color Corp 71 0.01 26 Newfield Exploration Co 343 0.03
18 Murphy Oil Corp 458 0.04 2 NewMarket Corp 530 0.04
5 Murphy USA Inc 296 0.02 19 Newmont Mining Corp 493 0.04
1 MutualFirst Financial Inc 27 – 8 Newpark Resources Inc 48 –
1 MVB Financial Corp 12 – 26 News Corp, Class A 267 0.02
5 Myers Industries Inc 66 0.01 13 News Corp, Class B 133 0.01
16 Mylan NV 429 0.03 4 NewStar Financial Inc 1 –
2 MYR Group Inc 43 – 5 Nexstar Media Group Inc 345 0.03
5 Myriad Genetics Inc 138 0.01 3 NextEra Energy Inc 374 0.03
36 Nabors Industries Ltd 92 0.01 3 NextGen Healthcare Inc 47 –
– NACCO Industries Inc 8 – 2 NI Holdings Inc 22 –
3 Nanometrics Inc 67 0.01 9 NIC Inc 90 0.01
2 Napco Security Technologies Inc 20 – 1 Nicholas Financial Inc 9 –
6 Nasdaq Inc 399 0.03 – Nicolet Bankshares Inc 14 –
– Nathan's Famous Inc 25 – 35 Nielsen Holdings PLC 749 0.06
3 National Bank Holdings Corp 97 0.01 15 NIKE Inc 891 0.07
– National Bankshares Inc 16 – 13 NiSource Inc 266 0.02
2 National Beverage Corp 122 0.01 2 NL Industries Inc 8 –
5 National CineMedia Inc 29 – 7 NMI Holdings Inc 113 0.01
1 National Commerce Corp 33 – 2 NN Inc 12 –
6 National Fuel Gas Co 240 0.02 27 Noble Corp PLC 88 0.01
12 National General Holdings Corp 241 0.02 24 Noble Energy Inc 440 0.03
2 National HealthCare Corp 100 0.01 4 Nordic American Tankers Ltd 9 –
6 National Instruments Corp 244 0.02 4 Nordson Corp 401 0.03
14 National Oilwell Varco Inc 362 0.03 6 Nordstrom Inc 231 0.02
1 National Presto Industries Inc 52 – 11 Norfolk Southern Corp 1,438 0.11
3 National Research Corp 90 0.01 1 Northeast Bancorp 14 –
6 National Vision Holdings Inc 167 0.01 22 Northern Oil and Gas Inc 43 –
– National Western Life Group Inc 92 0.01 1 Northern Technologies International Corp 23 –
1 Natural Alternatives International Inc 10 – 8 Northern Trust Corp 618 0.05
1 Natural Gas Services Group Inc 13 – 5 Northfield Bancorp Inc 53 –
2 Natural Grocers by Vitamin Cottage Inc 32 – 1 Northrim BanCorp Inc 18 –
– Natural Health Trends Corp 8 – 2 Northrop Grumman Corp 509 0.04
2 Nature's Sunshine Products Inc 12 – 8 Northwest Bancshares Inc 111 0.01
2 Natus Medical Inc 57 – 2 Northwest Natural Holding Co 109 0.01
3 Nautilus Inc 31 – 1 Northwest Pipe Co 26 –
28 Navient Corp 255 0.02 3 NorthWestern Corp 166 0.01
3 Navigant Consulting Inc 63 – 17 Norwegian Cruise Line Holdings Ltd 689 0.05
2 Navigators Group Inc 109 0.01 1 Norwood Financial Corp 20 –
6 Navistar International Corp 146 0.01 3 Novanta Inc 137 0.01
5 NBT Bancorp Inc 145 0.01 12 NOW Inc 126 0.01
8 NCI Building Systems Inc 70 0.01 28 NRG Energy Inc 843 0.06
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 418
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
United States - 52.52% (continued) United States - 52.52% (continued)
7 Nu Skin Enterprises Inc 349 0.03 8 Oshkosh Corp 424 0.03
22 Nuance Communications Inc 282 0.02 1 OSI Systems Inc 66 0.01
12 Nucor Corp 571 0.04 3 Otonomy Inc 5 –
1 Nutanix Inc 37 – 3 Otter Tail Corp 111 0.01
5 Nutrisystem Inc 134 0.01 6 Overseas Shipholding Group Inc 9 –
4 NuVasive Inc 207 0.02 2 Overstock.com Inc 26 –
1 Nuvectra Corp 9 – 5 Owens & Minor Inc 30 –
1 NV5 Global Inc 45 – 7 Owens Corning 302 0.02
– NVE Corp 22 – 20 Owens-Illinois Inc 288 0.02
19 nVent Electric PLC 372 0.03 2 Oxford Industries Inc 120 0.01
6 NVIDIA Corp 770 0.06 20 PACCAR Inc 952 0.07
– NVR Inc 506 0.04 4 Pacific Ethanol Inc 4 –
2 O'Reilly Automotive Inc 409 0.03 3 Pacific Mercantile Bancorp 19 –
– Oak Valley Bancorp 2 – 5 Pacific Premier Bancorp Inc 112 0.01
34 Oasis Petroleum Inc 189 0.01 1 Pacira Pharmaceuticals Inc 31 –
– ObsEva SA 4 – 11 Packaging Corp of America 814 0.06
11 Occidental Petroleum Corp 589 0.05 12 PacWest Bancorp 391 0.03
10 Oceaneering International Inc 137 0.01 – Palo Alto Networks Inc 57 –
5 OceanFirst Financial Corp 110 0.01 1 PAM Transportation Services Inc 27 –
8 Oclaro Inc 51 – 2 Panhandle Oil and Gas Inc 21 –
2 Ocular Therapeutix Inc 11 – 2 Papa John's International Inc 67 0.01
9 Ocwen Financial Corp 15 – 5 Par Pacific Holdings Inc 62 –
39 Office Depot Inc 99 0.01 2 PAR Technology Corp 23 –
4 OFG Bancorp 58 – 2 Park Electrochemical Corp 28 –
12 OGE Energy Corp 388 0.03 2 Park National Corp 120 0.01
6 Oil States International Inc 100 0.01 1 Park-Ohio Holdings Corp 33 –
– Oil-Dri Corp of America 10 – 1 Parke Bancorp Inc 12 –
1 Okta Inc 55 – 7 Parker-Hannifin Corp 942 0.07
7 Old Dominion Freight Line Inc 764 0.06 18 Parsley Energy Inc 284 0.02
2 Old Line Bancshares Inc 40 – 9 Party City Holdco Inc 84 0.01
16 Old National Bancorp 240 0.02 3 Patrick Industries Inc 102 0.01
– Old Point Financial Corp 7 – – Patriot Transportation Holding Inc 2 –
31 Old Republic International Corp 555 0.04 7 Pattern Energy Group Inc 121 0.01
3 Old Second Bancorp Inc 37 – 10 Patterson Cos Inc 195 0.01
17 Olin Corp 280 0.02 23 Patterson-UTI Energy Inc 254 0.02
4 Ollie's Bargain Outlet Holdings Inc 256 0.02 5 Paychex Inc 267 0.02
1 Olympic Steel Inc 13 – 4 Paycom Software Inc 374 0.03
– Omega Flex Inc 20 – 1 Paylocity Holding Corp 53 –
2 Omnicell Inc 145 0.01 11 PayPal Holdings Inc 724 0.06
6 Omnicom Group Inc 340 0.03 1 PB Bancorp Inc 7 –
5 OMNOVA Solutions Inc 31 – 16 PBF Energy Inc 475 0.04
9 On Deck Capital Inc 55 – 2 PC Connection Inc 52 –
43 ON Semiconductor Corp 645 0.05 2 PCM Inc 30 –
5 OncoMed Pharmaceuticals Inc 4 – 7 PDC Energy Inc 192 0.01
4 ONE Gas Inc 240 0.02 2 PDF Solutions Inc 14 –
15 OneMain Holdings Inc 339 0.03 14 PDL BioPharma Inc 33 –
15 ONEOK Inc 714 0.05 13 Peabody Energy Corp 315 0.02
4 OneSpan Inc 55 – 2 Peapack Gladstone Financial Corp 52 –
6 Ophthotech Corp 9 – 3 Pegasystems Inc 138 0.01
27 OPKO Health Inc 78 0.01 8 Penn National Gaming Inc 134 0.01
2 Oppenheimer Holdings Inc 38 – 2 Penn Virginia Corp 109 0.01
4 Opus Bank 68 0.01 – Penns Woods Bancorp Inc 16 –
78 Oracle Corp 2,988 0.23 3 PennyMac Financial Services Inc 44 –
5 OraSure Technologies Inc 49 – 9 Penske Automotive Group Inc 313 0.02
4 ORBCOMM Inc 28 – 17 Pentair PLC 580 0.04
1 Orchids Paper Products Co 2 – – Penumbra Inc 38 –
2 Orion Group Holdings Inc 8 – 40 People's United Financial Inc 530 0.04
5 Oritani Financial Corp 66 0.01 2 People's Utah Bancorp 41 –
1 Ormat Technologies Inc, Class A 38 – 2 Peoples Bancorp Inc 52 –
4 Ormat Technologies Inc, Class B 162 0.01 1 Peoples Bancorp of North Carolina Inc 11 –
1 Orrstown Financial Services Inc 10 – 1 Peoples Financial Services Corp 20 –
1 Orthofix Medical Inc 49 – 13 PepsiCo Inc 1,213 0.09
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 419
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
United States - 52.52% (continued) United States - 52.52% (continued)
1 Perceptron Inc 7 – 5 Primo Water Corp 62 –
4 Perficient Inc 72 0.01 5 Primoris Services Corp 100 0.01
12 Performance Food Group Co 324 0.02 14 Principal Financial Group Inc 543 0.04
5 Performant Financial Corp 7 – 6 ProAssurance Corp 191 0.01
6 PerkinElmer Inc 442 0.03 46 Procter & Gamble Co 3,378 0.26
1 Perma-Pipe International Holdings Inc 8 – 6 Progress Software Corp 154 0.01
7 Perrigo Co PLC 354 0.03 20 Progressive Corp 1,028 0.08
17 Perspecta Inc 282 0.02 1 Proofpoint Inc 46 –
3 PetMed Express Inc 59 – 10 ProPetro Holding Corp 130 0.01
4 Pfenex Inc 14 – 8 Prosperity Bancshares Inc 411 0.03
96 Pfizer Inc 3,468 0.27 2 Protagonist Therapeutics Inc 10 –
3 PFSweb Inc 12 – 1 Protective Insurance Corp 23 –
7 PG&E Corp 151 0.01 1 Proto Labs Inc 129 0.01
7 PGT Innovations Inc 111 0.01 1 Providence Service Corp 45 –
3 PH Glatfelter Co 29 – 1 Provident Bancorp Inc 27 –
2 PHI Inc 4 – 1 Provident Financial Holdings Inc 10 –
3 Phibro Animal Health Corp 79 0.01 5 Provident Financial Services Inc 92 0.01
9 Philip Morris International Inc 641 0.05 1 Prudential Bancorp Inc 11 –
7 Phillips 66 480 0.04 15 Prudential Financial Inc 1,080 0.08
5 Photronics Inc 38 – 1 Psychemedics Corp 15 –
2 PICO Holdings Inc 14 – 2 PTC Inc 153 0.01
6 Pier 1 Imports Inc 7 – 7 Public Service Enterprise Group Inc 314 0.02
14 Pilgrim's Pride Corp 213 0.02 23 PulteGroup Inc 481 0.04
8 Pinnacle Financial Partners Inc 374 0.03 2 Pure Cycle Corp 12 –
4 Pinnacle West Capital Corp 285 0.02 5 Pure Storage Inc 67 0.01
7 Pioneer Energy Services Corp 14 – 6 PVH Corp 514 0.04
5 Pioneer Natural Resources Co 574 0.04 1 Pyxus International Inc 15 –
2 Piper Jaffray Cos 90 0.01 2 Pzena Investment Management Inc 16 –
23 Pitney Bowes Inc 152 0.01 1 QAD Inc 24 –
2 Pivotal Software Inc 27 – 2 QCR Holdings Inc 45 –
2 PJT Partners Inc 59 – 25 QEP Resources Inc 157 0.01
5 Planet Fitness Inc 224 0.02 8 Qorvo Inc 405 0.03
3 Plantronics Inc 124 0.01 5 Quad/Graphics Inc 65 –
30 Platform Specialty Products Corp 273 0.02 1 Quaker Chemical Corp 138 0.01
9 Playa Hotels & Resorts NV 52 – 27 QUALCOMM Inc 1,215 0.09
3 Plexus Corp 123 0.01 1 Qualys Inc 51 –
1 Plumas Bancorp 10 – 3 Quanex Building Products Corp 36 –
10 PNC Financial Services Group Inc 1,049 0.08 16 Quanta Services Inc 437 0.03
5 PNM Resources Inc 181 0.01 3 Quantenna Communications Inc 29 –
8 Polaris Industries Inc 602 0.05 7 Quest Diagnostics Inc 482 0.04
11 PolyOne Corp 285 0.02 2 Quidel Corp 97 0.01
3 Pool Corp 322 0.02 2 QuinStreet Inc 22 –
10 Popular Inc 452 0.03 4 Quorum Health Corp 12 –
6 Portland General Electric Co 221 0.02 6 Quotient Technology Inc 55 –
7 Post Holdings Inc 540 0.04 46 Qurate Retail Inc 801 0.06
2 Potbelly Corp 19 – 22 Radian Group Inc 325 0.02
1 Powell Industries Inc 22 – 3 Radiant Logistics Inc 14 –
2 Power Integrations Inc 75 0.01 7 RadNet Inc 68 0.01
– Power Solutions International Inc 3 – 1 Rafael Holdings Inc 8 –
6 PPG Industries Inc 511 0.04 4 Ralph Lauren Corp 328 0.03
10 PPL Corp 238 0.02 10 Rambus Inc 69 0.01
5 PRA Group Inc 125 0.01 – Randolph Bancorp Inc 1 –
7 PRA Health Sciences Inc 620 0.05 27 Range Resources Corp 303 0.02
2 Preferred Bank 70 0.01 2 Raven Industries Inc 66 0.01
– Preformed Line Products Co 23 – 12 Raymond James Financial Inc 750 0.06
1 Premier Financial Bancorp Inc 18 – 5 Rayonier Advanced Materials Inc 58 –
4 Premier Inc 132 0.01 3 Raytheon Co 401 0.03
3 Presidio Inc 28 – 2 RBC Bearings Inc 210 0.02
6 Prestige Consumer Healthcare Inc 171 0.01 2 RE/MAX Holdings Inc 44 –
1 PRGX Global Inc 10 – 2 Reading International Inc 25 –
2 PriceSmart Inc 92 0.01 3 RealNetworks Inc 6 –
6 Primerica Inc 518 0.04 13 Realogy Holdings Corp 195 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 420
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
United States - 52.52% (continued) United States - 52.52% (continued)
4 RealPage Inc 146 0.01 5 Ryder System Inc 225 0.02
2 Red Hat Inc 312 0.02 3 Ryerson Holding Corp 17 –
2 Red Lion Hotels Corp 14 – 5 S&P Global Inc 691 0.05
1 Red Robin Gourmet Burgers Inc 26 – 4 S&T Bancorp Inc 124 0.01
9 Red Rock Resorts Inc 176 0.01 35 Sabre Corp 705 0.05
5 Regal Beloit Corp 292 0.02 1 Safeguard Scientifics Inc 10 –
2 Regeneron Pharmaceuticals Inc 513 0.04 2 Safety Insurance Group Inc 117 0.01
2 REGENXBIO Inc 85 0.01 – Saga Communications Inc 6 –
1 Regional Management Corp 28 – 1 Sage Therapeutics Inc 74 0.01
44 Regions Financial Corp 563 0.04 3 Saia Inc 154 0.01
3 Regis Corp 39 – 3 Salem Media Group Inc 6 –
4 Reinsurance Group of America Inc 493 0.04 2 salesforce.com Inc 174 0.01
8 Reliance Steel & Aluminum Co 477 0.04 – Salisbury Bancorp Inc 7 –
4 RenaissanceRe Holdings Ltd 446 0.03 8 Sally Beauty Holdings Inc 136 0.01
5 Renasant Corp 141 0.01 3 Sanderson Farms Inc 250 0.02
3 Renewable Energy Group Inc 69 0.01 4 Sandy Spring Bancorp Inc 118 0.01
4 Rent-A-Center Inc 48 – 4 Sanmina Corp 94 0.01
2 Repligen Corp 108 0.01 35 Santander Consumer USA Holdings Inc 528 0.04
2 Republic Bancorp Inc 64 – 1 Sapiens International Corp NV 9 –
3 Republic First Bancorp Inc 19 – 1 Sarepta Therapeutics Inc 117 0.01
15 Republic Services Inc 920 0.07 – SB Financial Group Inc 6 –
1 Resideo Technologies Inc 13 – – SB One Bancorp 8 –
6 ResMed Inc 538 0.04 3 SCANA Corp 99 0.01
8 Resolute Forest Products Inc 70 0.01 2 ScanSource Inc 51 –
3 Resources Connection Inc 35 – 24 Schlumberger Ltd 853 0.07
2 Retrophin Inc 38 – 10 Schneider National Inc 178 0.01
1 Revance Therapeutics Inc 22 – 2 Schnitzer Steel Industries Inc 53 –
– Revlon Inc 9 – 2 Scholastic Corp 65 –
1 REX American Resources Corp 28 – 3 Schweitzer-Mauduit International Inc 77 0.01
9 Rexnord Corp 200 0.02 6 Science Applications International Corp 312 0.02
– RGC Resources Inc 9 – 6 Scientific Games Corp 85 0.01
1 RH 60 – 4 Scorpio Bulkers Inc 17 –
9 Ribbon Communications Inc 38 – 32 Scorpio Tankers Inc 52 –
1 Richardson Electronics Ltd 3 – 8 Scotts Miracle-Gro Co 466 0.04
1 RigNet Inc 14 – – Seaboard Corp 240 0.02
7 Ring Energy Inc 38 – 2 Seachange International Inc 2 –
1 RingCentral Inc 45 – 5 Seacoast Banking Corp of Florida 117 0.01
7 Rite Aid Corp 6 – 1 SEACOR Holdings Inc 29 –
3 Riverview Bancorp Inc 22 – 2 SEACOR Marine Holdings Inc 35 –
2 RLI Corp 133 0.01 15 Seagate Technology PLC 492 0.04
2 RMR Group Inc 123 0.01 10 Sealed Air Corp 288 0.02
2 Roadrunner Transportation Systems Inc 1 – 1 Sears Hometown and Outlet Stores Inc 2 –
15 Robert Half International Inc 711 0.05 2 SeaSpine Holdings Corp 35 –
2 Rockwell Automation Inc 256 0.02 2 Seattle Genetics Inc 81 0.01
– Rocky Mountain Chocolate Factory Inc 2 – 14 SeaWorld Entertainment Inc 306 0.02
1 Rogers Corp 125 0.01 10 SEI Investments Co 441 0.03
– Roku Inc 16 – 3 Select Bancorp Inc 27 –
6 Rollins Inc 303 0.02 18 Select Medical Holdings Corp 270 0.02
3 Roper Technologies Inc 803 0.06 6 Selective Insurance Group Inc 327 0.03
1 Rosetta Stone Inc 12 – 8 SemGroup Corp 108 0.01
6 Ross Stores Inc 424 0.03 2 Sempra Energy 201 0.02
11 Rowan Cos PLC 124 0.01 4 Semtech Corp 164 0.01
8 Royal Caribbean Cruises Ltd 697 0.05 1 Seneca Foods Corp 18 –
5 Royal Gold Inc 291 0.02 17 Sensata Technologies Holding PLC 635 0.05
16 RPC Inc 161 0.01 3 Sensient Technologies Corp 149 0.01
13 RPM International Inc 656 0.05 1 Sequential Brands Group Inc 1 –
7 RTI Surgical Inc 24 – 19 Service Corp International 673 0.05
6 RTW RetailWinds Inc 16 – 14 ServiceMaster Global Holdings Inc 474 0.04
5 Rubicon Project Inc 17 – 1 ServiceNow Inc 123 0.01
3 Rudolph Technologies Inc 47 – 3 ServiceSource International Inc 3 –
2 Rush Enterprises Inc 69 0.01 3 ServisFirst Bancshares Inc 94 0.01
5 Ruth's Hospitality Group Inc 87 0.01 1 Shake Shack Inc 26 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 421
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
United States - 52.52% (continued) United States - 52.52% (continued)
7 Shenandoah Telecommunications Co 289 0.02 3 Spire Inc 204 0.02
1 Sherwin-Williams Co 467 0.04 9 Spirit AeroSystems Holdings Inc 590 0.05
3 Shiloh Industries Inc 20 – 8 Spirit Airlines Inc 377 0.03
11 Ship Finance International Ltd 107 0.01 1 Splunk Inc 57 –
1 Shoe Carnival Inc 36 – 1 Spok Holdings Inc 14 –
1 Shore Bancshares Inc 15 – 5 Sportsman's Warehouse Holdings Inc 18 –
4 Shutterfly Inc 153 0.01 140 Sprint Corp 689 0.05
1 Shutterstock Inc 24 – 16 Sprouts Farmers Market Inc 293 0.02
1 SI Financial Group Inc 12 – 1 SPS Commerce Inc 38 –
2 Sierra Bancorp 38 – 4 SPX Corp 83 0.01
2 Sierra Oncology Inc 3 – 5 SPX FLOW Inc 135 0.01
6 Signature Bank 575 0.04 26 SRC Energy Inc 117 0.01
6 Signet Jewelers Ltd 250 0.02 14 SS&C Technologies Holdings Inc 516 0.04
14 Silgan Holdings Inc 288 0.02 6 St Joe Co 76 0.01
2 Silicon Laboratories Inc 165 0.01 2 Stamps.com Inc 287 0.02
– SilverBow Resources Inc 10 – – Standard AVB Financial Corp 9 –
1 Silvercrest Asset Management Group Inc 10 – 2 Standard Motor Products Inc 94 0.01
10 Simmons First National Corp 238 0.02 1 Standex International Corp 56 –
6 Simply Good Foods Co 102 0.01 5 Stanley Black & Decker Inc 511 0.04
3 Simpson Manufacturing Co Inc 145 0.01 13 Starbucks Corp 680 0.05
1 Simulations Plus Inc 21 – 2 StarTek Inc 12 –
9 Sinclair Broadcast Group Inc 218 0.02 5 State Auto Financial Corp 134 0.01
53 Sirius XM Holdings Inc 261 0.02 4 State Bank Financial Corp 82 0.01
3 SiteOne Landscape Supply Inc 140 0.01 14 State Street Corp 787 0.06
5 Six Flags Entertainment Corp 254 0.02 7 Steel Connect Inc 9 –
1 SJW Group 65 – 23 Steel Dynamics Inc 637 0.05
10 Skechers U.S.A. Inc 211 0.02 9 Steelcase Inc 114 0.01
4 Skyline Champion Corp 72 0.01 2 Stepan Co 145 0.01
3 SkyWest Inc 140 0.01 9 Stericycle Inc 341 0.03
10 Skyworks Solutions Inc 558 0.04 5 Steris PLC 455 0.03
5 Sleep Number Corp 162 0.01 23 Sterling Bancorp 353 0.03
48 SLM Corp 383 0.03 2 Sterling Construction Co Inc 25 –
12 SM Energy Co 190 0.01 6 Steven Madden Ltd 152 0.01
6 Smart & Final Stores Inc 32 – 2 Stewart Information Services Corp 63 –
– SMART Global Holdings Inc 12 – 7 Stifel Financial Corp 278 0.02
1 SmartFinancial Inc 15 – 2 Stock Yards Bancorp Inc 59 –
5 Snap-on Inc 665 0.05 4 Stoneridge Inc 80 0.01
3 SolarEdge Technologies Inc 90 0.01 3 Stratasys Ltd 58 –
3 Solaris Oilfield Infrastructure Inc 29 – 2 Strategic Education Inc 254 0.02
2 Sonic Automotive Inc 25 – – Strattec Security Corp 5 –
3 Sonic Corp 93 0.01 1 Stratus Properties Inc 17 –
11 Sonoco Products Co 481 0.04 2 Stryker Corp 234 0.02
5 Sotheby's 163 0.01 1 Summit Financial Group Inc 21 –
5 South Jersey Industries Inc 134 0.01 7 Summit Materials Inc 77 0.01
4 South State Corp 218 0.02 2 Sun Hydraulics Corp 73 0.01
10 Southern Co 359 0.03 6 SunCoke Energy Inc 49 –
8 Southern Copper Corp 217 0.02 1 Sunrun Inc 10 –
1 Southern First Bancshares Inc 18 – 17 SunTrust Banks Inc 845 0.06
1 Southern Missouri Bancorp Inc 29 – 4 Super Micro Computer Inc 50 –
3 Southern National Bancorp of Virginia Inc 37 – 16 Superior Energy Services Inc 69 0.01
4 Southside Bancshares Inc 107 0.01 1 Superior Group of Cos Inc 16 –
39 Southwest Airlines Co 1,651 0.13 1 Superior Industries International Inc 8 –
3 Southwest Gas Holdings Inc 205 0.02 6 Supernus Pharmaceuticals Inc 232 0.02
59 Southwestern Energy Co 225 0.02 1 Surgery Partners Inc 16 –
3 SP Plus Corp 64 – 1 Surmodics Inc 43 –
1 Spark Energy Inc 10 – 3 SVB Financial Group 600 0.05
3 Spartan Motors Inc 16 – 3 Sykes Enterprises Inc 66 0.01
2 SpartanNash Co 27 – 9 Symantec Corp 159 0.01
1 Sparton Corp 6 – 1 Synalloy Corp 11 –
6 Spectrum Brands Holdings Inc 235 0.02 4 Synaptics Inc 109 0.01
5 Spectrum Pharmaceuticals Inc 52 – 3 Synchronoss Technologies Inc 14 –
4 Speedway Motorsports Inc 61 – 34 Synchrony Financial 699 0.05
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 422
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
United States - 52.52% (continued) United States - 52.52% (continued)
– Syndax Pharmaceuticals Inc 2 – 3 Tilly's Inc 24 –
11 Syneos Health Inc 444 0.03 1 Timberland Bancorp Inc 29 –
2 Synlogic Inc 11 – 8 Timken Co 249 0.02
4 SYNNEX Corp 280 0.02 5 TimkenSteel Corp 40 –
7 Synopsys Inc 470 0.04 4 Tiptree Inc 18 –
12 Synovus Financial Corp 361 0.03 6 Titan International Inc 31 –
1 Syros Pharmaceuticals Inc 5 – 3 Titan Machinery Inc 39 –
10 Sysco Corp 529 0.04 5 Tivity Health Inc 168 0.01
4 Systemax Inc 82 0.01 8 TiVo Corp 65 –
13 T Rowe Price Group Inc 981 0.08 11 TJX Cos Inc 432 0.03
15 T-Mobile US Inc 802 0.06 15 Toll Brothers Inc 382 0.03
1 Tableau Software Inc 137 0.01 2 Tompkins Financial Corp 107 0.01
3 Tailored Brands Inc 58 – 2 Tootsie Roll Industries Inc 46 –
1 Take-Two Interactive Software Inc 104 0.01 3 TopBuild Corp 123 0.01
2 Talos Energy Inc 37 – 7 Torchmark Corp 508 0.04
30 Tapestry Inc 906 0.07 14 Toro Co 703 0.05
12 Targa Resources Corp 437 0.03 8 Total System Services Inc 519 0.04
31 Target Corp 1,710 0.13 2 Tower International Inc 48 –
4 Taro Pharmaceutical Industries Ltd 315 0.02 3 Town Sports International Holdings Inc 18 –
10 Taylor Morrison Home Corp 137 0.01 7 Towne Bank 167 0.01
18 TCF Financial Corp 312 0.02 2 Townsquare Media Inc 9 –
14 TD Ameritrade Holding Corp 605 0.05 5 TPI Composites Inc 98 0.01
10 TE Connectivity Ltd 628 0.05 10 Tractor Supply Co 762 0.06
2 Team Inc 31 – 2 Trade Desk Inc 175 0.01
4 Tech Data Corp 264 0.02 1 TransAct Technologies Inc 6 –
28 TechnipFMC PLC 516 0.04 1 Transcat Inc 15 –
2 TechTarget Inc 23 – 1 TransDigm Group Inc 237 0.02
3 Teekay Corp 11 – 48 Transocean Ltd 348 0.03
25 TEGNA Inc 259 0.02 12 TransUnion 589 0.05
3 Tejon Ranch Co 39 – 5 TravelCenters of America LLC 17 –
2 Teladoc Health Inc 76 0.01 17 Travelers Cos Inc 1,762 0.14
3 Telaria Inc 6 – 9 Travelport Worldwide Ltd 111 0.01
2 Teledyne Technologies Inc 434 0.03 2 Travelzoo 11 –
2 Teleflex Inc 472 0.04 3 Trecora Resources 20 –
4 Telenav Inc 12 – 2 Tredegar Corp 31 –
11 Telephone & Data Systems Inc 312 0.02 6 TreeHouse Foods Inc 256 0.02
3 Tempur Sealy International Inc 135 0.01 4 Trex Co Inc 203 0.02
11 Tenet Healthcare Corp 224 0.02 12 TRI Pointe Group Inc 113 0.01
2 Tennant Co 83 0.01 5 Tribune Media Co 146 0.01
6 Tenneco Inc 170 0.01 3 Tribune Publishing Co 38 –
14 Teradata Corp 402 0.03 4 TriCo Bancshares 106 0.01
19 Teradyne Inc 546 0.04 5 TriMas Corp 103 0.01
8 Terex Corp 200 0.02 17 Trimble Inc 515 0.04
1 Territorial Bancorp Inc 21 – 5 TriNet Group Inc 180 0.01
– Tesla Inc 115 0.01 15 Trinity Industries Inc 281 0.02
– TESSCO Technologies Inc 4 – 2 Trinity Place Holdings Inc 7 –
4 Tetra Tech Inc 181 0.01 6 Trinseo SA 226 0.02
18 TETRA Technologies Inc 33 – 6 TripAdvisor Inc 324 0.02
7 Tetraphase Pharmaceuticals Inc 10 – 1 Triple-S Management Corp 15 –
5 Texas Capital Bancshares Inc 240 0.02 3 TriState Capital Holdings Inc 59 –
12 Texas Instruments Inc 914 0.07 8 Triton International Ltd 220 0.02
8 Texas Roadhouse Inc 415 0.03 3 Triumph Bancorp Inc 87 0.01
2 Textainer Group Holdings Ltd 20 – 5 Triumph Group Inc 71 0.01
13 TFS Financial Corp 168 0.01 5 Tronox Ltd 43 –
5 Thermo Fisher Scientific Inc 961 0.07 4 TrueBlue Inc 80 0.01
3 Thermon Group Holdings Inc 48 – 6 TrueCar Inc 49 –
5 TheStreet Inc 6 – 10 TrustCo Bank Corp NY 61 –
10 Third Point Reinsurance Ltd 80 0.01 7 Trustmark Corp 174 0.01
5 Thor Industries Inc 284 0.02 5 TTEC Holdings Inc 118 0.01
3 Tidewater Inc 50 – 8 TTM Technologies Inc 71 0.01
10 Tiffany & Co 679 0.05 3 Tuesday Morning Corp 5 –
5 Tile Shop Holdings Inc 22 – 3 Tupperware Brands Corp 75 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 423
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
United States - 52.52% (continued) United States - 52.52% (continued)
1 Turning Point Brands Inc 29 – 1 Upland Software Inc 15 –
3 Tutor Perini Corp 41 – 11 Urban One Inc 18 –
26 Twenty-First Century Fox Inc, Class A 1,011 0.08 12 Urban Outfitters Inc 373 0.03
15 Twenty-First Century Fox Inc, Class B 577 0.04 4 US Auto Parts Network Inc 3 –
1 Twilio Inc 52 – 39 US Bancorp 1,683 0.13
1 Twin Disc Inc 16 – 2 US Concrete Inc 73 0.01
22 Twitter Inc 547 0.04 2 US Ecology Inc 129 0.01
1 Two River Bancorp 17 – 23 US Foods Holding Corp 606 0.05
1 Tyler Technologies Inc 94 0.01 1 US Physical Therapy Inc 111 0.01
14 Tyson Foods Inc 627 0.05 8 US Silica Holdings Inc 84 0.01
8 Ubiquiti Networks Inc 649 0.05 – USA Truck Inc 6 –
1 UFP Technologies Inc 18 – 3 USANA Health Sciences Inc 288 0.02
8 UGI Corp 377 0.03 12 USG Corp 392 0.03
1 Ulta Salon Cosmetics & Fragrance Inc 237 0.02 – Utah Medical Products Inc 22 –
– Ultimate Software Group Inc 94 0.01 7 Vaalco Energy Inc 9 –
4 Ultra Clean Holdings Inc 31 – 3 Vail Resorts Inc 591 0.05
3 Ultra Petroleum Corp 3 – 15 Valero Energy Corp 958 0.07
2 Ultragenyx Pharmaceutical Inc 71 0.01 36 Valley National Bancorp 302 0.02
1 Ultralife Corp 7 – 2 Valmont Industries Inc 155 0.01
5 UMB Financial Corp 289 0.02 10 Valvoline Inc 166 0.01
24 Umpqua Holdings Corp 365 0.03 2 Vanda Pharmaceuticals Inc 44 –
11 Under Armour Inc, Class A 213 0.02 3 Varex Imaging Corp 52 –
15 Under Armour Inc, Class C 261 0.02 6 Varian Medical Systems Inc 536 0.04
1 Unifi Inc 20 – 9 Vector Group Ltd 86 0.01
2 UniFirst Corp 194 0.01 5 Vectren Corp 280 0.02
7 Union Bankshares Corp 187 0.01 2 Vectrus Inc 29 –
23 Union Pacific Corp 2,802 0.22 5 Veeco Instruments Inc 33 –
1 Unique Fabricating Inc 3 – 2 Veeva Systems Inc 121 0.01
4 Unisys Corp 39 – 9 Veoneer Inc 234 0.02
4 Unit Corp 66 0.01 3 Vera Bradley Inc 24 –
11 United Bankshares Inc 316 0.02 2 Verastem Inc 6 –
8 United Community Banks Inc 169 0.01 6 Verint Systems Inc 207 0.02
6 United Community Financial Corp 48 – 2 VeriSign Inc 251 0.02
19 United Continental Holdings Inc 1,437 0.11 4 Verisk Analytics Inc 413 0.03
5 United Financial Bancorp Inc 62 – 1 Veritex Holdings Inc 20 –
2 United Fire Group Inc 87 0.01 1 Veritiv Corp 29 –
5 United Insurance Holdings Corp 81 0.01 157 Verizon Communications Inc 7,418 0.57
4 United Natural Foods Inc 64 – 3 Verso Corp 66 0.01
6 United Parcel Service Inc 549 0.04 7 Versum Materials Inc 179 0.01
9 United Rentals Inc 824 0.06 1 Vertex Pharmaceuticals Inc 122 0.01
1 United Security Bancshares 12 – 8 VF Corp 482 0.04
4 United States Cellular Corp 179 0.01 2 Viacom Inc, Class A 54 –
1 United States Lime & Minerals Inc 33 – 44 Viacom Inc, Class B 1,067 0.08
18 United States Steel Corp 327 0.03 1 Viad Corp 43 –
24 United Technologies Corp 2,337 0.18 6 ViaSat Inc 323 0.03
5 United Therapeutics Corp 426 0.03 12 Viavi Solutions Inc 97 0.02
– United-Guardian Inc 6 – 1 Vicor Corp 37 0.01
20 UnitedHealth Group Inc 4,409 0.34 1 Village Super Market Inc 23 0.01
1 Unitil Corp 42 – 1 Vince Holding Corp 12 0.01
1 Unity Bancorp Inc 26 – 9 Virtu Financial Inc 169 0.02
14 Univar Inc 246 0.02 1 Virtus Investment Partners Inc 53 0.01
2 Universal Corp 75 0.01 3 Virtusa Corp 88 0.02
1 Universal Display Corp 79 0.01 14 Visa Inc 1,607 0.13
1 Universal Electronics Inc 39 – 17 Vishay Intertechnology Inc 275 0.03
6 Universal Forest Products Inc 139 0.01 4 Vista Outdoor Inc 39 0.01
8 Universal Health Services Inc 852 0.07 4 Visteon Corp 232 0.03
4 Universal Insurance Holdings Inc 146 0.01 35 Vistra Energy Corp 646 0.06
3 Universal Logistics Holdings Inc 57 – 2 Vitamin Shoppe Inc 10 0.01
1 Universal Stainless & Alloy Products Inc 20 – 1 VMware Inc 151 0.02
3 Universal Technical Institute Inc 9 – 1 Vocera Communications Inc 33 0.01
3 Univest Corp of Pennsylvania 59 – 1 Volt Information Sciences Inc 2 0.01
15 Unum Group 411 0.03 16 Vonage Holdings Corp 129 0.02
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 424
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Common Stock (continued) Common Stock (continued)
United States - 52.52% (continued) United States - 52.52% (continued)
2 VOXX International Corp 9 0.01 7 Wolverine World Wide Inc 180 0.02
11 Voya Financial Inc 375 0.04 4 Woodward Inc 275 0.03
1 VSE Corp 22 0.01 1 Workday Inc 91 0.02
5 Vulcan Materials Co 397 0.04 1 World Acceptance Corp 79 0.02
9 W&T Offshore Inc 42 0.01 7 World Fuel Services Corp 134 0.02
5 Wabash National Corp 57 0.01 4 World Wrestling Entertainment Inc 236 0.03
6 WABCO Holdings Inc 527 0.05 12 Worldpay Inc 787 0.07
5 Wabtec Corp 399 0.04 4 Worthington Industries Inc 131 0.02
9 Waddell & Reed Financial Inc 145 0.02 44 WPX Energy Inc 478 0.05
1 WageWorks Inc 31 0.01 8 WR Berkley Corp 508 0.05
14 Walgreens Boots Alliance Inc 942 0.08 5 WR Grace & Co 228 0.03
4 Walker & Dunlop Inc 158 0.02 3 Wright Medical Group NV 61 0.01
66 Walmart Inc 5,026 0.40 3 WSFS Financial Corp 111 0.02
49 Walt Disney Co 4,423 0.35 3 WW Grainger Inc 832 0.07
8 Warrior Met Coal Inc 157 0.02 4 Wyndham Destinations Inc 115 0.02
6 Washington Federal Inc 131 0.02 11 Wyndham Hotels & Resorts Inc 433 0.04
2 Washington Trust Bancorp Inc 86 0.02 3 Wynn Resorts Ltd 240 0.03
13 Waste Management Inc 975 0.08 7 Xcel Energy Inc 296 0.03
1 Waters Corp 190 0.02 3 Xencor Inc 93 0.02
4 Waterstone Financial Inc 49 0.01 23 Xerox Corp 493 0.05
3 Watsco Inc 385 0.04 4 Xilinx Inc 302 0.03
2 Watts Water Technologies Inc 117 0.02 1 XO Group Inc 34 0.01
3 Wayfair Inc 284 0.03 3 Xperi Corp 35 0.01
1 WD-40 Co 113 0.02 11 XPO Logistics Inc 678 0.06
10 Webster Financial Corp 471 0.05 8 Xylem Inc 444 0.04
4 WEC Energy Group Inc 254 0.03 7 Yelp Inc 177 0.02
4 Weight Watchers International Inc 148 0.02 1 York Water Co 25 0.01
3 Weis Markets Inc 96 0.02 2 YRC Worldwide Inc 7 0.01
10 Welbilt Inc 105 0.02 5 Yum! Brands Inc 325 0.04
4 WellCare Health Plans Inc 815 0.07 2 Zafgen Inc 6 0.01
104 Wells Fargo & Co 4,416 0.35 4 ZAGG Inc 30 0.01
33 Wendy's Co 469 0.05 16 Zayo Group Holdings Inc 325 0.04
8 Werner Enterprises Inc 223 0.03 7 Zebra Technologies Corp 928 0.08
6 WesBanco Inc 193 0.02 – Zedge Inc – –
12 Wesco Aircraft Holdings Inc 86 0.02 1 Zendesk Inc 50 0.01
5 WESCO International Inc 208 0.03 3 Zillow Group Inc, Class A 83 0.02
2 West Bancorporation Inc 29 0.01 8 Zillow Group Inc, Class C 238 0.03
3 West Pharmaceutical Services Inc 229 0.03 7 Zimmer Biomet Holdings Inc 649 0.06
1 Westamerica Bancorporation 67 0.02 13 Zions Bancorp NA 495 0.05
7 Western Alliance Bancorp 262 0.03 4 Zix Corp 18 0.01
16 Western Digital Corp 570 0.05 10 Zoetis Inc 747 0.07
3 Western New England Bancorp Inc 27 0.01 – Zogenix Inc – –
16 Western Union Co 238 0.03 2 Zumiez Inc 34 0.01
9 Westlake Chemical Corp 494 0.05 91 Zynga Inc 257 0.03
8 WestRock Co 304 0.03 682,749 52.52
1 Westwood Holdings Group Inc 25 0.01 Total Common Stock - 96.37% (30 November 2017: 96.61%) 1,252,938 96.37
3 WEX Inc 382 0.04
1 Weyco Group Inc 24 0.01
5 Whirlpool Corp 529 0.05
Preferred Stock
– White Mountains Insurance Group Ltd 270 0.03
Brazil - 0.23%
9 Whiting Petroleum Corp 225 0.03
10 Banco ABC Brasil SA 34 –
8 WildHorse Resource Development Corp 121 0.02
46 Banco Bradesco SA 360 0.03
1 Willdan Group Inc 17 0.01
17 Banco do Estado do Rio Grande do Sul SA 76 0.01
4 William Lyon Homes 34 0.01
27 Banco Pan SA 11 –
17 Williams Cos Inc 339 0.04
3 Braskem SA 31 –
11 Williams-Sonoma Inc 467 0.05
14 Centrais Eletricas Brasileiras SA 83 0.01
5 Willis Towers Watson PLC 655 0.06
10 Cia Brasileira de Distribuicao 171 0.01
2 Wingstop Inc 106 0.02
1 Cia de Gas de Sao Paulo - Comgas 17 –
– Winmark Corp 41 0.01
20 Cia de Saneamento do Parana 43 –
4 Winnebago Industries Inc 75 0.02
3 Cia de Transmissao de Energia Eletrica Paulista 45 –
6 Wintrust Financial Corp 359 0.04
49 Cia Energetica de Minas Gerais 127 0.01
8 WisdomTree Investments Inc 41 0.01
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 425
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Preferred Stock (continued) Real Estate Investment Trust (continued)
Brazil - 0.23% (continued) Australia - 0.12% (continued)
11 Cia Energetica de Sao Paulo 41 – 28 Charter Hall Group 114 0.01
1 Cia Energetica do Ceara 8 – 14 Charter Hall Long Wale REIT 32 –
5 Cia Ferro Ligas da Bahia - Ferbasa 23 – 20 Charter Hall Retail REIT 51 0.01
7 Cia Paranaense de Energia 47 – 6 Convenience Retail REIT 10 –
18 Gerdau SA 55 – 74 Cromwell Property Group 42 –
99 Itau Unibanco Holding SA 723 0.06 14 Dexus 86 0.01
19 Lojas Americanas SA 78 0.01 35 GDI Property Group 25 –
63 Marcopolo SA 53 – 24 Goodman Group 139 0.01
133 Petroleo Brasileiro SA 690 0.05 59 GPT Group 179 0.01
27 Randon SA Implementos e Participacoes 48 0.01 16 Growthpoint Properties Australia Ltd 33 –
3 Telefonica Brasil SA 30 0.01 7 Hotel Property Investments 14 –
8 Unipar Carbocloro SA 61 0.01 13 Industria REIT 19 –
44 Usinas Siderurgicas de Minas Gerais SA 83 0.01 14 Ingenia Communities Group 25 –
2,938 0.23 26 Investa Office Fund 83 0.01
Chile - 0.00% 132 Mirvac Group 167 0.01
19 Coca-Cola Embonor SA 36 – 35 New South Resources Ltd 35 –
10 Embotelladora Andina SA 29 – 28 Propertylink Group 19 –
27 Scentre Group 60 0.01
65 –
52 Shopping Centres Australasia Property Group 79 0.01
Colombia - 0.01%
32 Stockland 68 0.01
32 Avianca Holdings SA 16 –
43 Vicinity Centres 66 0.01
5 Banco Davivienda SA 43 0.01
1,574 0.12
3 Grupo Argos SA 10 –
2 Grupo de Inversiones Suramericana SA 16 – Belgium - 0.05%
1 Aedifica SA 79 0.01
85 0.01
– Ascencio 14 –
Germany - 0.17%
2 Befimmo SA 74 0.01
2 Bayerische Motoren Werke AG 130 0.01
1 Care Property Invest 24 –
1 Biotest AG 22 –
2 Cofinimmo SA 138 0.01
1 Draegerwerk AG & Co KGaA 32 –
– Home Invest Belgium 11 –
4 Fuchs Petrolub SE 138 0.01
2 Intervest Offices & Warehouses NV 29 –
1 Henkel AG & Co KGaA 84 0.01
– Leasinvest Real Estate SCA 21 –
7 Jungheinrich AG 175 0.01
1 Montea C.V.A 34 –
5 Porsche Automobil Holding SE 258 0.02
1 Retail Estates NV 40 0.01
1 Sartorius AG 147 0.01
1 Warehouses De Pauw CVA 126 0.01
13 Schaeffler AG 88 0.01
– Wereldhave Belgium NV 8 –
2 Sixt SE 119 0.01
598 0.05
– STO SE & Co KGaA 23 –
2 Villeroy & Boch AG 24 – Canada - 0.07%
8 Volkswagen AG 1,038 0.08 1 Agellan Commercial Real Estate Investment Trust 10 –
2,278 3 Allied Properties Real Estate Investment Trust 77 0.01
0.17
4 Artis Real Estate Investment Trust 22 –
United Kingdom - 0.00%
1 Boardwalk Real Estate Investment Trust 29 –
3,012 Rolls Royce Holdings PLC 3 –
2 Canadian Apartment Properties REIT 56 0.01
3 –
5 Choice Properties Real Estate Investment Trust 39 –
United States - 0.00% 6 Cominar Real Estate Investment Trust 34 –
1 GCI Liberty Inc 10 – 4 Crombie Real Estate Investment Trust 30 –
10 – 1 CT Real Estate Investment Trust 9 –
Total Preferred Stock - 0.41% (30 November 2017: 0.43%) 5,379 0.41 12 Dream Global Real Estate Investment Trust 93 0.01
3 Dream Industrial Real Estate Investment Trust 20 –
Real Estate Investment Trust 3 Dream Office Real Estate Investment Trust 36 –
Australia - 0.12% 1 Granite Real Estate Investment Trust 42 0.01
15 Abacus Property Group 27 – 4 H&R Real Estate Investment Trust 49 0.01
7 ALE Property Group 22 – 1 Inovalis Real Estate Investment Trust 8 –
18 Arena REIT 25 – 4 InterRent Real Estate Investment Trust 32 –
3 Astro Japan Property Group – – 5 Killam Apartment Real Estate Investment Trust 50 0.01
1 Morguard North American Residential Real Estate
10 Australian Unity Office Fund 16 –
Investment Trust 10 –
32 BWP Trust 63 0.01
3 Morguard Real Estate Investment Trust 17 –
1 Carindale Property Trust 5 –
1 Northview Apartment Real Estate Investment Trust 19 –
12 Centuria Industrial REIT 20 – 3 NorthWest Healthcare Properties Real Estate
14 Centuria Metropolitan REIT 19 – Investment Trust 21 –
19 Charter Hall Education Trust 31 – 3 Plaza Retail REIT 7 –
5 RioCan Real Estate Investment Trust 68 0.01
4 Slate Office REIT 16 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 426
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Real Estate Investment Trust (continued) Real Estate Investment Trust (continued)
Canada - 0.07% (continued) Japan - 0.25% (continued)
2 Slate Retail REIT 15 – – Health Care & Medical Investment Corp 10 –
2 SmartCentres Real Estate Investment Trust 30 – – Heiwa Real Estate REIT Inc 41 –
2 Summit Industrial Income REIT 11 – – Hoshino Resorts REIT Inc 48 –
4 True North Commercial Real Estate Investment – Hulic Reit Inc 79 0.01
Trust 15 –
– Ichigo Office REIT Investment 58 –
1 WPT Industrial Real Estate Investment Trust 9 –
– Industrial & Infrastructure Fund Investment Corp 61 –
874 0.07 1 Invesco Office J-Reit Inc 55 –
China - 0.01% 1 Invincible Investment Corp 90 0.01
57 Spring Real Estate Investment Trust 21 – – Japan Excellent Inc 70 0.01
105 Yuexiu Real Estate Investment Trust 53 0.01 – Japan Hotel REIT Investment Corp 74 0.01
74 0.01 – Japan Logistics Fund Inc 74 0.01
France - 0.05% – Japan Prime Realty Investment Corp 83 0.01
1 Affine SA 7 – – Japan Real Estate Investment Corp 56 –
– Altarea SCA 32 – – Japan Rental Housing Investments Inc 61 –
1 ARGAN SA 19 – – Japan Retail Fund Investment Corp 50 –
3 Carmila SA 51 0.01 – Kenedix Office Investment Corp 124 0.01
1 Covivio 84 0.01 – Kenedix Residential Next Investment Corp 70 0.01
1 Gecina SA 140 0.01 – Kenedix Retail REIT Corp 47 –
2 ICADE 118 0.01 – LaSalle Logiport REIT 45 –
4 Klepierre SA 101 0.01 – Marimo Regional Revitalization REIT Inc 8 –
4 Mercialys SA 49 – – MCUBS MidCity Investment Corp 72 0.01
1 Terreis 27 – – Mirai Corp 34 –
628 0.05 – Mitsui Fudosan Logistics Park Inc 27 –
Germany - 0.01% – Mori Hills REIT Investment Corp 80 0.01
– Mori Trust Hotel Reit Inc 17 –
10 alstria office REIT-AG 111 0.01
– Mori Trust Sogo Reit Inc 66 –
5 Hamborner REIT AG 42 –
– Nippon Accommodations Fund Inc 103 0.01
153 0.01
– Nippon Building Fund Inc 93 0.01
Hong Kong - 0.02%
– Nippon Prologis REIT Inc 99 0.01
80 Champion REIT 44 –
– Nippon REIT Investment Corp 69 0.01
75 Fortune Real Estate Investment Trust 67 0.01
– Nomura Real Estate Master Fund Inc 55 –
18 Link REIT 139 0.01
– One REIT Inc 35 –
81 Prosperity REIT 24 –
– Ooedo Onsen REIT Investment Corp 12 –
42 Regal Real Estate Investment Trust 9 –
– Orix JREIT Inc 110 0.01
59 Sunlight Real Estate Investment Trust 29 –
– Premier Investment Corp 75 0.01
312 0.02 – Samty Residential Investment Corp 11 –
Ireland - 0.01% 1 Sekisui House Reit Inc 93 0.01
53 Green REIT PLC 68 0.01 – Star Asia Investment Corp 18 –
42 Hibernia REIT PLC 51 – – Starts Proceed Investment Corp 17 –
26 Irish Residential Properties REIT PLC 32 – – Tokyu REIT Inc 69 0.01
151 0.01 – Tosei Reit Investment Corp 11 –
Israel - 0.01% – United Urban Investment Corp 127 0.01
6 Alony Hetz Properties & Investments Ltd 43 0.01 3,236 0.25
3 Summit Real Estate Holdings Ltd 24 – Korea, Republic of - 0.00%
67 0.01 6 Korea Asset In Trust Co Ltd 20 –
Italy - 0.00% 20 –
62 Beni Stabili SpA SIIQ 40 – Malaysia - 0.01%
1 COIMA RES SpA 8 – 56 Axis Real Estate Investment Trust 16 –
3 Immobiliare Grande Distribuzione SIIQ SpA 15 – 52 Capitaland Malaysia Mall Trust 10 –
63 – 123 IGB Real Estate Investment Trust 40 0.01
Japan - 0.25% 12 KLCCP Stapled Group 17 –
– Activia Properties Inc 73 0.01 45 Pavilion Real Estate Investment Trust 14 –
– Advance Residence Investment Corp 89 0.01 62 Sunway Real Estate Investment Trust 19 –
– AEON REIT Investment Corp 76 0.01 41 YTL Hospitality REIT 9 –
– Comforia Residential REIT Inc 69 0.01 125 0.01
– Daiwa House REIT Investment Corp 94 0.01 Mexico - 0.02%
– Daiwa Office Investment Corp 49 – 76 Asesor de Activos Prisma SAPI de CV 26 –
– Frontier Real Estate Investment Corp 92 0.01 26 Concentradora Fibra Danhos SA de CV 24 –
– Fukuoka REIT Corp 50 – 41 Concentradora Fibra Hotelera Mexicana SA de CV 16 –
– Global One Real Estate Investment Corp 43 – 17 Fibra Shop Portafolios Inmobiliarios SAPI de CV 5 –
– GLP J-Reit 68 – 153 Fibra Uno Administracion SA de CV 121 0.01
– Hankyu Hanshin REIT Inc 36 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 427
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Real Estate Investment Trust (continued) Real Estate Investment Trust (continued)
Mexico - 0.02% (continued) South Africa - 0.04% (continued)
43 Macquarie Mexico Real Estate Management SA de 17 Equites Property Fund Ltd 18 –
CV 30 –
69 Growthpoint Properties Ltd 93 0.01
52 PLA Administradora Industrial S de RL de CV 53 0.01
17 Hyprop Investments Ltd 84 0.01
16 Prologis Property Mexico SA de CV 21 –
37 Investec Property Fund Ltd 32 –
296 0.02 11 Octodec Investments Ltd 11 –
Netherlands - 0.03% 23 Rebosis Property Fund Ltd 4 –
3 Eurocommercial Properties NV 78 0.01 144 Redefine Properties Ltd 78 0.01
2 NSI NV 49 – 19 Resilient REIT Ltd 63 0.01
2 Unibail-Rodamco-Westfield 216 0.01 112 SA Corporate Real Estate Ltd 25 –
1 Vastned Retail NV 40 – 20 Tower Property Fund Ltd 7 –
3 Wereldhave NV 80 0.01 39 Vukile Property Fund Ltd 47 –
463 0.03 525 0.04
New Zealand - 0.02% Spain - 0.03%
49 Argosy Property Ltd 31 – 18 Inmobiliaria Colonial Socimi SA 142 0.01
47 Goodman Property Trust 39 – 5 Lar Espana Real Estate Socimi SA 41 –
11 Investore Property Ltd 9 – 20 Merlin Properties Socimi SA 196 0.02
72 Kiwi Property Group Ltd 54 0.01 379 0.03
65 Precinct Properties New Zealand Ltd 51 0.01 Taiwan - 0.01%
26 Property for Industry Ltd 24 –
81 Cathay No 1 REIT 30 0.01
20 Stride Property Group 20 –
41 Cathay No 2 REIT 16 –
27 Vital Healthcare Property Trust 31 –
32 Fubon No 1 REIT 12 –
259 0.02 56 Shin Kong No.1 REIT 21 –
Singapore - 0.11% 79 0.01
42 AIMS AMP Capital Industrial REIT 33 – Turkey - 0.00%
28 Ascendas Hospitality Trust 13 –
13 AKIS Gayrimenkul Yatirimi AS 5 –
72 Ascendas Real Estate Investment Trust 106 0.01
123 Emlak Konut Gayrimenkul Yatirim Ortakligi AS 30 –
85 Ascott Residence Trust 52 0.01
31 Is Gayrimenkul Yatirim Ortakligi AS 5 –
59 Cache Logistics Trust 24 –
17 Torunlar Gayrimenkul Yatirim Ortakligi AS 4 –
54 CapitaLand Commercial Trust 54 0.01
44 –
62 CapitaLand Mall Trust 80 0.01
United Kingdom - 0.16%
40 CapitaLand Retail China Trust 31 –
171 Assura PLC 92 0.01
35 CDL Hospitality Trusts 30 –
11 Big Yellow Group PLC 94 0.01
151 ESR-REIT 43 –
11 British Land Co PLC 62 0.01
58 Far East Hospitality Trust 20 –
46 Capital & Regional PLC 17 –
26 First Real Estate Investment Trust 16 –
17 Custodian Reit PLC 20 –
31 Frasers Centrepoint Trust 38 –
6 Derwent London PLC 182 0.01
45 Frasers Commercial Trust 36 –
9 Ediston Property Investment Co PLC 9 –
40 Frasers Hospitality Trust 16 –
25 Empiric Student Property PLC 23 –
96 Frasers Logistics & Industrial Trust 58 0.01
16 Great Portland Estates PLC 114 0.01
58 Keppel DC REIT 45 –
49 Hammerson PLC 191 0.02
102 Keppel REIT 67 0.01
23 Hansteen Holdings PLC 21 –
133 Lippo Malls Indonesia Retail Trust 16 –
47 Intu Properties PLC 54 –
56 Manulife US Real Estate Investment Trust 34 –
9 Land Securities Group PLC 69 0.01
88 Mapletree Commercial Trust 84 0.01
52 LondonMetric Property PLC 93 0.01
68 Mapletree Industrial Trust 74 0.01
9 McKay Securities PLC 22 –
107 Mapletree Logistics Trust 78 0.01
3 Mucklow A & J Group PLC 17 –
120 Mapletree North Asia Commercial Trust 78 0.01
23 NewRiver REIT PLC 52 –
39 OUE Commercial Real Estate Investment Trust 10 –
50 Primary Health Properties PLC 55 –
48 OUE Hospitality Trust 19 –
120 RDI REIT PLC 38 –
18 Parkway Life Real Estate Investment Trust 28 –
63 Sabana Shari'ah Compliant Industrial Real Estate 16 Regional REIT Ltd 16 –
Investment Trust 15 – 16 Safestore Holdings PLC 83 0.01
43 Soilbuild Business Space REIT 14 – 48 Schroder Real Estate Investment Trust Ltd 26 –
35 SPH REIT 20 – 41 Segro PLC 251 0.02
101 Starhill Global REIT 39 – 15 Shaftesbury PLC 127 0.01
114 Suntec Real Estate Investment Trust 115 0.01 28 Standard Life Investment Property Income Trust
Ltd 25 –
1,386 0.11
91 Tritax Big Box REIT PLC 123 0.01
South Africa - 0.04%
17 UNITE Group PLC 142 0.01
28 Accelerate Property Fund Ltd 6 –
8 Workspace Group PLC 67 0.01
87 Arrowhead Properties Ltd 22 –
2,085 0.16
31 Delta Property Fund Ltd 8 –
32 Emira Property Fund Ltd 27 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 428
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Real Estate Investment Trust (continued) Real Estate Investment Trust (continued)
United States - 2.19% United States - 2.19% (continued)
6 Acadia Realty Trust 139 0.01 2 Global Medical REIT Inc 15 –
2 Agree Realty Corp 115 0.01 5 Global Net Lease Inc 80 0.01
6 Alexander & Baldwin Inc 94 0.01 7 Government Properties Income Trust 48 –
– Alexander's Inc 86 0.01 17 HCP Inc 398 0.03
4 Alexandria Real Estate Equities Inc 387 0.03 9 Healthcare Realty Trust Inc 212 0.02
4 American Assets Trust Inc 115 0.01 13 Healthcare Trust of America Inc 297 0.02
9 American Campus Communities Inc 315 0.02 3 Hersha Hospitality Trust 48 –
20 American Homes 4 Rent 326 0.03 7 Highwoods Properties Inc 237 0.02
3 American Tower Corp 398 0.03 11 Hospitality Properties Trust 223 0.02
10 Apartment Investment & Management Co 365 0.03 10 Host Hotels & Resorts Inc 156 0.01
15 Apple Hospitality REIT Inc 190 0.02 10 Hudson Pacific Properties Inc 250 0.02
8 Ashford Hospitality Trust Inc 29 – 7 Independence Realty Trust Inc 55 –
2 AvalonBay Communities Inc 303 0.02 5 Industrial Logistics Properties Trust 75 0.01
3 Bluerock Residential Growth REIT Inc 19 – 9 Investors Real Estate Trust 39 –
2 Boston Properties Inc 235 0.02 18 Invitation Homes Inc 309 0.02
4 Braemar Hotels & Resorts Inc 29 – 10 Iron Mountain Inc 269 0.02
13 Brandywine Realty Trust 148 0.01 8 JBG SMITH Properties 250 0.02
19 Brixmor Property Group Inc 252 0.02 7 Kilroy Realty Corp 358 0.03
10 Brookfield Property REIT Inc 146 0.01 27 Kimco Realty Corp 343 0.03
1 BRT Apartments Corp 9 – 6 Kite Realty Group Trust 72 0.01
3 Camden Property Trust 251 0.02 5 Lamar Advertising Co 312 0.02
6 CareTrust REIT Inc 96 0.01 19 Lexington Realty Trust 129 0.01
14 CBL & Associates Properties Inc 28 – 10 Liberty Property Trust 344 0.03
8 Cedar Realty Trust Inc 22 – 3 Life Storage Inc 245 0.02
4 Chatham Lodging Trust 55 – 3 LTC Properties Inc 105 0.01
4 Chesapeake Lodging Trust 100 0.01 5 Macerich Co 211 0.02
3 City Office REIT Inc 28 – 7 Mack-Cali Realty Corp 112 0.01
1 Clipper Realty Inc 8 – 2 MedEquities Realty Trust Inc 11 –
9 Columbia Property Trust Inc 144 0.01 24 Medical Properties Trust Inc 320 0.03
1 Community Healthcare Trust Inc 25 – 3 MGM Growth Properties LLC 57 –
2 Condor Hospitality Trust Inc 16 – 4 Mid-America Apartment Communities Inc 340 0.03
1 CoreCivic Inc 9 – 6 Monmouth Real Estate Investment Corp 70 0.01
7 CorePoint Lodging Inc 80 0.01 3 National Health Investors Inc 165 0.01
2 CoreSite Realty Corp 173 0.01 10 National Retail Properties Inc 399 0.03
6 Corporate Office Properties Trust 124 0.01 4 National Storage Affiliates Trust 94 0.01
29 Cousins Properties Inc 194 0.02 6 New Senior Investment Group Inc 23 –
6 Crown Castle International Corp 508 0.04 2 NexPoint Residential Trust Inc 49 –
13 CubeSmart 309 0.02 5 NorthStar Realty Europe Corp 61 0.01
7 CyrusOne Inc 293 0.02 13 Omega Healthcare Investors Inc 383 0.03
16 DiamondRock Hospitality Co 134 0.01 2 One Liberty Properties Inc 39 –
4 Digital Realty Trust Inc 372 0.03 10 Outfront Media Inc 167 0.01
11 Douglas Emmett Inc 327 0.03 16 Paramount Group Inc 178 0.01
13 Duke Realty Corp 293 0.02 13 Park Hotels & Resorts Inc 318 0.02
5 Easterly Government Properties Inc 68 0.01 5 Pebblebrook Hotel Trust 139 0.01
2 EastGroup Properties Inc 184 0.01 5 Pennsylvania Real Estate Investment Trust 29 –
12 Empire State Realty Trust Inc 148 0.01 12 Physicians Realty Trust 174 0.01
5 EPR Properties 275 0.02 9 Piedmont Office Realty Trust Inc 132 0.01
1 Equinix Inc 350 0.03 13 Prologis Inc 697 0.05
8 Equity Commonwealth 197 0.02 2 PS Business Parks Inc 209 0.02
3 Equity LifeStyle Properties Inc 258 0.02 2 Public Storage 377 0.03
5 Equity Residential 298 0.02 4 QTS Realty Trust Inc 116 0.01
1 Essex Property Trust Inc 206 0.02 4 Realty Income Corp 216 0.02
5 Extra Space Storage Inc 360 0.03 6 Regency Centers Corp 316 0.02
3 Federal Realty Investment Trust 278 0.02 9 Retail Opportunity Investments Corp 127 0.01
8 First Industrial Realty Trust Inc 206 0.02 16 Retail Properties of America Inc 156 0.01
15 Forest City Realty Trust Inc 300 0.02 1 Retail Value Inc 26 –
5 Four Corners Property Trust Inc 108 0.01 6 Rexford Industrial Realty Inc 147 0.01
7 Franklin Street Properties Corp 40 – 12 RLJ Lodging Trust 186 0.01
3 Front Yard Residential Corp 19 – 6 RPT Realty 64 0.01
13 Gaming and Leisure Properties Inc 351 0.03 3 Ryman Hospitality Properties Inc 195 0.02
3 Getty Realty Corp 79 0.01 12 Sabra Health Care REIT Inc 186 0.01
2 Gladstone Commercial Corp 33 – 1 Saul Centers Inc 59 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 429
World Equity Fund
Portfolio of Investments as at 30 November 2018 (continued)
Value % of Net Value % of Net
(000's) Asset (000's) Asset
Shares (000's) GBP Value Shares (000's) GBP Value
Real Estate Investment Trust (continued) Rights (continued)
United States - 2.19% (continued) China - 0.00%
2 SBA Communications Corp 235 0.02 – Fosun International Ltd – –
6 Select Income REIT 92 0.01 – –
16 Senior Housing Properties Trust 169 0.01 Hong Kong - 0.00%
2 Seritage Growth Properties 66 0.01 32 Xinyi Solar Holdings Ltd – –
2 Simon Property Group Inc 344 0.03
– –
14 Site Centers Corp 138 0.01
Korea, Republic of - 0.00%
3 SL Green Realty Corp 246 0.02
2 Crucialtec Co Ltd – –
3 Spirit MTA REIT 20 –
– SK D&D Co Ltd – –
29 Spirit Realty Capital Inc 171 0.01
7 SK Securities Co 1 –
7 STAG Industrial Inc 148 0.01
14 STORE Capital Corp 329 0.03 1 –
8 Summit Hotel Properties Inc 66 0.01 Spain - 0.00%
3 Sun Communities Inc 269 0.02 11 Realia Business SA – –
15 Sunstone Hotel Investors Inc 180 0.01 – –
7 Tanger Factory Outlet Centers Inc 133 0.01 Sweden - 0.00%
4 Taubman Centers Inc 156 0.01 2 Ahlstrom-Munksjo Oyj 1 –
4 Terreno Realty Corp 127 0.01 2 Saab AB 7 –
4 Tier REIT Inc 70 0.01 8 –
10 UDR Inc 332 0.03 Taiwan - 0.00%
2 UMH Properties Inc 25 – – Coremax Corp – –
12 Uniti Group Inc 183 0.01 – Fulgent Sun International Holding Co Ltd – –
1 Universal Health Realty Income Trust 51 – 2 Long Chen Paper Co Ltd – –
9 Urban Edge Properties 135 0.01 – Lotes Co Ltd – –
3 Urstadt Biddle Properties Inc 41 – 9 Tycoons Group Enterprise 1 –
5 Ventas Inc 263 0.02
1 –
63 VEREIT Inc 378 0.03
United Kingdom - 0.00%
7 Vornado Realty Trust 383 0.03
45 Restaurant Group PLC 18 –
16 Washington Prime Group Inc 76 0.01
6 Washington Real Estate Investment Trust 125 0.01 18 –
8 Weingarten Realty Investors 188 0.01 Total Rights - 0.00% (30 November 2017: 0.00%) 28 –
6 Welltower Inc 311 0.02 Warrants
2 Whitestone REIT 26 – Canada - 0.00%
7 WP Carey Inc 369 0.03 – Tervita – –
8 Xenia Hotels & Resorts Inc 131 0.01 – –
28,440 2.19 Malaysia - 0.00%
Total Real Estate Investment Trust - 3.22% (30 November 4 Mitrajaya Holdings Bhd – –
2017: 2.73%) 41,831 3.22
– –
Rights Singapore - 0.00%
Australia - 0.00% 96 Ezion Holdings Ltd – –
11 Cromwell Property Group – – – –
1 Growthpoint Properties Australia Ltd – – Thailand - 0.00%
– – 12 BTS W4 – –
Brazil - 0.00% – –
1 Energisa SA – – Total Warrants - 0.00% (30 November 2017: 0.00%) – –
– – Total Investments - 100.00% (30 November 2017: 99.77%) 1,300,176 100.00
Chile - 0.00%
8 Empresas La Polar SA – –
– –
% of
Net
Value (000's) Asset
GBP Value
Cash and Cash Equivalents - 0.47% (30 November 2017: 0.50%) 6,155 0.47
Other Liabilities in Excess of Other Assets - (0.47)% (30 November 2017: (0.27)%) (6,219) (0.47)
Total Net Assets 1,300,112 100.00
Amounts designated as “-“ are either £0, less than £500 or less than 500 shares.
Analysis of Total Assets (unaudited) % of Total Assets
Transferable securities admitted to an official exchange listing 98.27
Current Assets 1.73
Total Assets 100.00
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 430
Notes to the Financial Statements
for the financial year ended 30 November 2017
1. Organisation
Dimensional Funds plc (the “Company”) was incorporated on Investments are derecognised when the rights to receive
14 January 2002. The Company is established as an umbrella cash flows from the investments have expired or the
investment company with segregated liability between funds (each a Company has transferred substantially all risks and rewards
"Fund", together the "Funds") and variable capital incorporated in of ownership.
Ireland as a public limited company pursuant to the Companies Act,
2014 and the European Communities (Undertakings for Collective (iii) Measurement
Investment in Transferable Securities) Regulations, 2011 (as The Company recognises financial assets and financial
amended), and under the Central Bank (Supervision & Enforcement) liabilities on the date it becomes a party to the contractual
Act 2013 (Section 48(1)) (Undertakings for Collective Investment in provisions of the instrument. A regular purchase of financial
Transferable Securities) Regulations, 2015 (together the "UCITS assets is recognised using trade date accounting. From this
Regulations"). date any gains and losses arising from changes in fair value
of the financial assets or financial liabilities are recorded.
The majority of the Company shares are or have applied to be listed
on Euronext Dublin. Profits and losses on the disposal of investments are
computed on a first-in, first-out basis and are included in the
2. Basis of Preparation and Presentation Statement of Comprehensive Income. Unrealised gains and
These audited financial statements are prepared in accordance with losses on investments are recognised in the Statement of
FRS 102; the Financial Reporting Standard applicable in the UK and Comprehensive Income.
Republic of Ireland (“FRS 102”).
(iv) Fair value estimation
The Company has continued to avail of the exemption available to In preparing the financial statements, the assets and liabilities
open-ended investment funds under FRS 102 and is not presenting a of each Fund were valued at the respective valuation point for
cash flow statement. each Fund on 30 November 2018.
The financial statements have been prepared on a going concern Equity and fixed income securities
basis. For financial statements purposes the quoted market price
used for financial assets held by the Company is the current
3. Significant Accounting Policies last traded price with the exception of corporate and
government bonds where the quoted market price can be the
The Company makes estimates and assumptions that affect the
last traded price or quoted mid price.
reported amounts of assets and liabilities. Estimates and judgements
are continually evaluated and are based on historical experience and
Unlisted securities
other factors. Estimates and assumptions used may include the use
Unlisted securities, if any, are valued at their probable
of valuation techniques for the purposes of determining the fair value
realisation value determined with care and in good faith by
of financial instruments that are not quoted in active markets, such as
the Administrator in consultation with the Investment
unlisted equities and investment in other investment funds. Fair
Manager, who is approved for that purpose by the
values of such instruments are determined by using valuation
Depositary. When a “readily available market quotation” for a
techniques as discussed in note 3(a).
security is not available, the Company employs “fair value”
methodologies to price securities.
a) Investments at Fair Value
(i) Classification
The fair valuation process requires the Investment Committee
The Company has classified its investments at fair value
of the Investment Manager (the “Investment Committee”) to
through profit or loss.
make a determination as to the value of a particular security
or group of securities depending on the particular facts and
(ii) Recognition/Derecognition
circumstances involved. The Funds do not invest in any
Purchases and sales of investments are recognised on trade
unlisted securities other than certain unlisted warrants and
date i.e. the date on which the Company commits to
rights that have been received as a result of corporate
purchase or sell the asset. Investments are initially
actions.
recognised at fair value and transaction costs for all financial
assets carried at fair value through profit or loss are
expensed as incurred.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2017 431
Notes to the Financial Statements
for the financial year ended 30 November 2017 (continued)
3. Significant Accounting Policies (continued) d) Foreign Currency Translation
a) Investments at Fair Value (continued) Functional and presentational currency: items included in the
(iv) Fair value estimation (continued) Company’s financial statements are measured using the currency
of the primary economic environment in which it operates (the
Investee Funds “functional currency”). This is Euro for Euro Inflation Linked
The Company’s investments in other funds (“Investee Intermediate Duration Fixed Income Fund, European Small
Funds”) are subject to the terms and conditions of the Companies Fund, European Value Fund and Global Short Fixed
respective Investee Funds’ offering documentation. The Income Fund, Sterling for Global Ultra Short Fixed Income Fund,
investments in Investee Funds are primarily valued on the Sterling Inflation Linked Intermediate Duration Fixed Income
unaudited net asset value ("NAV") at 30 November 2018 of Fund, World Allocation 20/80 Fund, World Allocation 40/60 Fund,
such units for each Investee Fund, as determined by the World Allocation 60/40 Fund, World Allocation 80/20 Fund, World
Investee Funds’ administrators. Equity Fund and U.S. Dollars for Emerging Markets Large Cap
Core Equity Fund, Emerging Markets Value Fund, Global Core
Forward Currency Contracts Equity Fund, Global Short-Term Investment Grade Fixed Income
Forward Currency Contracts are measured at fair value Fund, Global Small Companies Fund, Global Sustainability Core
based on the closing prices of the Forward Currency Equity Fund, Global Targeted Value Fund, Global Value Fund,
Contracts contract rates on the relevant foreign exchange Pacific Basin Small Companies Fund, U.S. Core Equity Fund and
market on a daily basis. Realised and unrealised gains and/or U.S. Small Companies Fund. The Company has adopted the
losses are reported in the Statement of Comprehensive functional currency of each Fund as the presentation currency for
Income. the financial statements. The Company Statement of Financial
Position, Statement of Comprehensive Income and Statement of
Futures Changes in Net Assets Attributable to Holders of Redeemable
Futures are measured at fair value based on their quoted Shares are presented in Euro.
daily settlement prices. Realised and unrealised gains and/or
Purchases and sales of securities, and income and expenses are
losses are reported in the Statement of Comprehensive
translated at the rate of exchange quoted on the respective date
Income.
that such transactions are recorded. All assets and liabilities
denominated in foreign currencies are translated at the rate of
b) Income
exchange at the latest available rate at the Valuation Point.
Interest income and expenses are recognised in the Statement of
Foreign exchange gains and losses resulting from both the
Comprehensive Income for all debt instruments using the
settlement of such transactions and from the translation at period
effective interest method. The effective interest rate is the rate
end exchange rates of monetary assets and liabilities
that exactly discounts estimated future cash payments or receipts
denominated in foreign currencies are recognised in the
throughout the expected life of the financial instrument, or a
Statement of Comprehensive Income.
shorter period where appropriate, to the net carrying amount of
the financial asset or financial liability. Dividend income is
The combined financial statements of the Company are
recorded on the ex-dividend date gross of withholding taxes and
measured in the currency of the primary economic operating
is disclosed separately in the Statement of Comprehensive
environment in which the Company operates, which is Euro. For
Income, net of any tax credits.
the purpose of producing combined Statement of Financial
c) Expense Recognition Position of the Company, the Statement of Financial Position of
All expenses are taken to the Statement of Comprehensive the individual Funds are translated into Euro using exchange
Income on an accruals basis. Costs and expenses incurred in the rates as at 30 November 2018 accumulated for preparation of the
operation of a Fund are borne out of the assets of the relevant combined financial statements.
Fund. The Investment Manager may, at its discretion, contribute
directly towards the expenses attributable to the establishment For the purpose of producing the combined Statement of
and/or operation of any particular Fund and/or the marketing, Comprehensive Income and combined Statement of Changes in
distribution and/or sale of shares and may from time to time at its Net Assets Attributable to Holders of Redeemable Shares from
sole discretion waive any or all of the management fees in the accounts at the individual Funds, average exchange rates are
respect of any particular payment period. used.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 432
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
3. Significant Accounting Policies (continued) i) Forward Currency Contracts
d) Foreign Currency Translation (continued) A forward currency contract involves an obligation to purchase or
The differences arising from translation of the primary financial sell a specific currency at a future date at a price set at the time
statements at different exchange rates, for the purpose of the contract is made. Forward currency contracts are valued by
producing the combined financial statements, is included as a reference to the forward price at which a new forward contract of
foreign currency translation adjustment in the Statement of the same size and maturity could be affected at the valuation
Changes in Net Assets Attributable to Holders of Redeemable date. The unrealised gain or loss on open forward currency
Shares. This notional adjustment does not have any impact on contracts is calculated as the difference between the contract rate
the NAV or any individual Fund. For the year 30 November 2018 and this forward price and recognised in the Statement of
this adjustment amounted to EUR426,319,734 (30 November Comprehensive Income. Where a forward currency contract is
2017 EUR(964,533,470)). purchased to hedge the currency risk of a specific class, which is
issued in a currency other than the base currency of the
e) Redeemable Shares respective Fund, all gains or losses on that contract are allocated
Redeemable shares are redeemable at the shareholder’s option to that class. Refer to the individual Funds’ Portfolio of
and are classified as financial liabilities. Any distribution on these Investments for disclosure of forward currency contracts held at
redeemable shares is recognised in the Statement of Changes in 30 November 2018.
Net Assets Attributable to Holders of Redeemable Shares. The
redeemable shares can be put back to the Company at any time j) Taxation
for cash equal to a proportionate share of the Company’s NAV. As disclosed in note 7, generally the Company is not subject to
The redeemable shares are carried at the redemption amount Irish tax on income, profits or capital gains or other taxes payable.
that is payable at the Statement of Financial Position date if the
shareholders exercised their right to put the shares back to the However, income from investments held by the Company may be
Company. subject to withholding taxes or capital gains taxes in jurisdictions
other than the Company’s country of domicile. Taxes incurred by
f) NAV per Share the Funds are recorded in the Statement of Comprehensive
The NAV per share of the relevant class of the Fund is calculated Income within withholding tax on dividends and other taxation.
by dividing that proportion of the NAV of the Fund which is
attributable to the relevant class by the total number of shares of k) Securities Lending Income
the relevant class in issue at the relevant valuation point. The Company has appointed State Street Bank International
GmbH, London Branch as securities lending agent (the
The NAV per share presented in note 15 is calculated in
“securities lending agent”). Certain Funds may lend securities
accordance with the Prospectus.
through State Street Bank International GmbH, London Branch,
as securities lending agent to brokers, dealers and other financial
g) Distributions
organisations to earn additional income.
The Company’s distribution policy is disclosed in note 14.
Dividends paid by a Fund are recorded by that Fund on the ex- Income earned from securities lending activities is accounted for
dividend date and are disclosed separately in the Statement of on an accruals basis.
Changes. Proposed distributions to holders of redeemable shares
are recognised in the Distributions to redeemable shareholders in As referred to in note 4 any cash collateral received in relation to
the Statement of Changes when such dividends are appropriately securities lending activities is presented on the face of the
authorised. Statement of Financial Position.
h) Income Equalisation Cash received as collateral is recorded as an asset on the
The Company may operate an equalisation account in respect of Statement of Financial Position and is valued at fair value. A
certain classes of shares in each of the Funds. This arrangement related liability to repay the collateral is recorded as a liability on
is intended to ensure that the income per redeemable share the Statement of Financial Position and is also valued at its fair
which is distributed in respect of the distribution period is not value in line with the requirement of FRS 102. Cash or securities
affected by changes in the number of redeemable shares in issue may be set aside as collateral by the Depositary in accordance
during that period. The calculation of equalisation is based on net with the terms of the futures agreement.
income and represents the income portion of the price of
subscriptions/redemptions of redeemable shares. Refer to note
14 for disclosure of income equalisation adjustments on dividends
during the financial year.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 433
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
3. Significant Accounting Policies (continued) 4. Lending of Securities
l) Transaction Costs Each security loan is collateralised with collateral assets in an amount
Transaction costs are incremental costs that are directly greater than the current market value of the loaned securities. There
attributable to the acquisition, issue or disposal of a financial is a risk of delay in receiving collateral or in recovering the securities
asset or financial liability. An incremental cost is one that would loaned or even loss of rights in collateral should the borrower fail
not have been incurred if the entity had not acquired, issued or financially.
disposed of the financial instrument. When a financial asset or
financial liability is recognised initially, an entity shall measure it at However, in the event of default or bankruptcy by the other party to
its fair value through profit or loss with transaction costs for such the agreement, realisation and/or retention of the collateral may be
instruments being recognised directly in the Statement of subject to legal proceedings. In the event that the borrower fails to
Comprehensive Income. return loaned securities, and collateral being maintained by the Fund
in question is insufficient to cover the value of loaned securities and
Transaction costs charged by the Depositary on the settlement of
provided such collateral insufficiency is not the result of investment
purchases and sales of investments are disclosed within sub-
losses, the securities lending agent has agreed to pay the amount of
custodian fees in the Statement of Comprehensive Income for
the shortfall to the respective Fund or, at the option of the securities
each Fund.
lending agent, to replace the securities.
Transaction costs on purchases and sales of equities, collective
investment funds, futures contracts and options are included in Subject to each Fund's investment policy, any cash collateral
net gain/(loss) on financial assets and financial liabilities at fair received by a Fund from securities on loan may be invested in
value through profit or loss in the Statement of Comprehensive securities of the U.S. government or its agencies, repurchase
Income for each Fund. These costs are included in note 6 “Fees agreements collateralised by securities of the U.S. government or its
and Expenses -Transaction Costs” for each Fund. agencies, time deposits and registered and unregistered money
market funds. Agencies include both agency debentures and agency
Transaction costs on the purchase and sale of bonds and forward mortgage backed securities.
currency contracts are included in the purchase and sale price of
the investment. These costs cannot be practically or reliably As at 30 November 2018, USD82,236,000 (30 November 2017:
gathered as they are embedded in the cost of the investment and USD60,200,000) of the total cash collateral received by the Funds (as
cannot be separately verified or disclosed. disclosed on the Statement of Financial Position and in the tables
below) was re-invested in repurchase agreements with approved
m) Futures counterparties Citigroup, JP Morgan and Merrill Lynch (30 November
A future contract involves an obligation to purchase a specific 2017: Citigroup, JP Morgan and Merrill Lynch). The fair value of these
security at a future date at a price set at the time the contract is repurchase agreements as at 30 November 2018 was
made. Future contracts are valued by reference to the current USD82,236,000 (30 November 2017: USD60,200,000). These
price at which a new futures contract could be affected at the agreements were entered into on 30 November 2018 and matured on
valuation date. 3 December 2018 (30 November 2017: entered into on 30 November
2017 and matured on 1 December 2017).
The unrealised gain or loss on open futures contracts is
calculated as the difference between the contract price and the
In addition, each Fund will be able to terminate the loan at any time
current market price and recognised in the Statement of
and will receive reasonable interest on the loan, as well as amounts
Comprehensive Income. Refer to the individual Fund's portfolio
equal to any dividends, interest or other distributions on the loaned
for disclosure of futures contracts held at 30 November 2018.
securities.
n) Comparatives
As at 30 November 2018 and 30 November 2017 each of the Funds
Certain prior year figures have been reclassified to correspond to
disclosed in the following tables had outstanding loans of securities to
current year presentation. In particular, prior year figures have
certain brokers, dealers or other financial institutions for which each
been updated to present foreign currency exposure for forward
Fund has a security interest and lien upon segregated cash and/or
currency contracts separately from the exposure for other assets
securities equivalent to or greater than 100% of the current market
and liabilities. There were no changes to overall net foreign
value of the loaned securities with respect to any type of securities
currency exposure for any of the Funds.
loaned through the securities lending agent.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 434
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
4. Lending of Securities (continued) As at 30 November 2018 and 30 November 2017, each of the
As at 30 November 2018 and 30 November 2017 the collateral following Funds had loaned securities with respect to non–U.S.
received for securities lending purposes comprised cash and securities through the securities lending agent:
government bonds as disclosed in the Market Value of U.S. Loaned As at As at
Securities and Market Value of non–U.S. Loaned Securities tables 30 November 2018 30 November 2017
Market Value of non–U.S. Loaned Securities USD USD
below.
Emerging Markets Large Cap Core Equity Fund 25,675,501 18,750,234
Emerging Markets Value Fund 108,727,751 114,847,213
As at 30 November 2018 and 30 November 2017, each of the European Small Companies Fund 34,960,309 37,112,504
following Funds had loaned securities with respect to U.S. securities European Value Fund 3,493,483 10,686,523
through the securities lending agent: Global Core Equity Fund 99,935,189 132,140,430
Global Short Fixed Income Fund 44,065,916 –
As at As at
Global Small Companies Fund 40,591,826 52,288,886
30 November 2018 30 November 2017
Market Value of U.S. Loaned Securities USD USD Global Sustainability Core Equity Fund 9,208,889 8,582,914
Emerging Markets Large Cap Core Equity Fund 10,514,788 10,009,022 Global Targeted Value Fund 207,899,380 218,669,013
Emerging Markets Value Fund 15,840,679 10,698,505 Global Ultra Short Fixed Income Fund – 6,699,271
Global Core Equity Fund 111,852,125 110,681,351 Global Value Fund 9,728,680 11,545,329
Global Short Fixed Income Fund 925,080 – Pacific Basin Small Companies Fund 14,960,573 15,493,548
Global Short-Term Investment Grade Fixed Income Fund 7,840,154 5,101,224 World Equity Fund 78,708,632 86,235,998
Global Small Companies Fund 52,287,930 46,206,454 Total 677,956,129 713,051,863
Global Sustainability Core Equity Fund 14,644,393 6,232,672 Fair value of securities received as collateral 698,183,067 714,761,481
Global Targeted Value Fund 217,798,913 216,382,958 Cash collateral received 28,406,481 45,526,726
Global Ultra Short Fixed Income Fund 6,344,488 – Total 726,589,548 760,288,207
Global Value Fund 8,533,345 11,789,696
U.S. Core Equity Fund 4,048,835 4,041,599
U.S. Small Companies Fund 35,905,405 29,383,813
World Equity Fund 86,020,714 83,152,128
Total 572,556,849 533,679,422
Fair value of securities received as collateral 542,250,467 544,069,265
Cash collateral received 52,895,760 14,662,967
Total 595,146,227 558,732,232
Securities lending income as disclosed in the Statement of Comprehensive Income is received net of the securities lending agent's fee. The
securities lending agent's fees incurred for the financial years ended 30 November 2018 and 30 November 2017 are disclosed in the table below.
All operational costs are borne out of the securities lending agent’s share.
Financial year ended Financial year ended
Fund Currency 30 November 2018 30 November 2017
Emerging Markets Large Cap Core Equity Fund USD 40,288 23,941
Emerging Markets Value Fund USD 247,499 239,680
European Small Companies Fund EUR 42,328 28,215
European Value Fund EUR 3,041 3,847
Global Core Equity Fund USD 138,431 106,579
Global Short Fixed Income Fund EUR 853 524
Global Short-Term Investment Grade Fixed Income USD 1,788 525
Global Small Companies Fund USD 78,942 68,131
Global Sustainability Core Equity Fund USD 5,965 3,880
Global Targeted Value Fund USD 302,832 235,939
Global Ultra Short Fixed Income Fund GBP 690 1,700
Global Value Fund USD 6,470 2,534
Pacific Basin Small Companies Fund USD 20,341 15,939
U.S. Core Equity Fund USD 1,103 674
U.S. Small Companies Fund USD 13,265 13,917
World Equity Fund GBP 83,067 58,356
None of the above securities and cash collateral received from a single issuer has exceeded 20% of the Fund's NAV at the financial year end date.
(30 November 2017: none).
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 435
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
5. Net Gain/(Loss) on Financial Assets at fair value through profit or loss
For the financial years ended 30 November 2018 and 30 November 2017:
Emerging Markets Euro Inflation Linked
Large Cap Core Emerging Markets Intermediate Duration Fixed European Small
Equity Fund Value Fund Income Fund Companies Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
USD USD USD USD EUR EUR EUR EUR
Net realised gain on financial assets at fair value through
profit or loss 4,986,163 3,675,165 83,856,863 25,612,280 197,755 140,699 10,210,900 8,316,830
Net change in unrealised (loss)/gain on financial assets
at fair value through profit or loss (51,667,745) 90,283,101 (252,718,516) 400,096,772 (459,733) 314,031 (28,987,793) 18,325,088
(46,681,582) 93,958,266 (168,861,653) 425,709,052 (261,978) 454,730 (18,776,893) 26,641,918
Global Short-Term
European Global Core Global Short Fixed Investment Grade
Value Fund Equity Fund Income Fund Fixed Income Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
EUR EUR USD USD EUR EUR USD USD
Net realised gain/(loss) on financial assets at fair value
through profit or loss 1,045,640 2,766,543 22,661,081 15,613,745 (89,929,806) (125,180,838) (34,020,146) 28,407,011
Net change in unrealised (loss)/gain on financial assets
at fair value through profit or loss (10,833,220) 5,959,404 (131,638,644) 375,921,012 82,510,038 (13,572,630) (50,170,946) 35,028,120
(9,787,580) 8,725,947 (108,977,563) 391,534,757 (7,419,768) (138,753,468) (84,191,092) 63,435,131
Global Small Global Sustainability Global Targeted Global Ultra Short
Companies Fund Core Equity Fund Value Fund Fixed Investment Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
USD USD USD USD USD USD GBP GBP
Net realised (loss)/gain on financial assets at fair value
through profit or loss 55,097,281 26,066,203 8,050,725 676,240 149,564,768 139,377,606 (15,704,054) 26,997,252
Net change in unrealised (loss)/gain on financial assets
at fair value through profit or loss (86,854,850) 64,915,492 (14,303,561) 25,760,135 (436,014,018) 237,404,417 7,367,568 (31,964,800)
(31,757,569) 90,981,695 (6,252,836) 26,436,375 (286,449,250) 376,782,023 (8,336,486) (4,967,548)
Sterling
Global Value Pacific Basin Small Inflation Linked Intermediate U.S. Core Equity
Fund Companies Fund Duration Fixed Income Fund Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
USD USD USD USD GBP GBP USD USD
Net realised (loss)/gain on financial assets at fair value
through profit or loss 20,114,436 9,029,211 4,746,816 3,648,951 6,468,517 – 725,993 93,250
Net change in unrealised gain/(loss) on financial assets
at fair value through profit or loss (41,600,634) 26,967,581 (14,984,128) 15,233,467 1,606,454 1,277,599 (1,009,792) 3,016,659
(21,486,198) 35,996,792 (10,237,312) 18,882,418 8,074,971 1,277,599 (283,799) 3,109,909
U.S. Small Companies World Allocation World Allocation World Allocation
Fund 20/80 Fund 40/60 Fund 60/40 Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
USD USD GBP GBP GBP GBP GBP GBP
Net realised gain on financial assets at fair value through
profit or loss 12,581,569 12,786,282 137,800 327,340 1,070,046 1,441,372 1,700,276 7,146,310
Net change in unrealised (loss)/gain on financial assets
at fair value through profit or loss (16,318,542) 12,105,248 (728,048) 52,701 (5,561,506) 9,337,102 (9,300,933) 26,536,858
(3,736,973) 24,891,530 (590,248) 380,041 (4,491,460) 10,778,474 (7,600,657) 33,683,168
World Allocation World Equity
80/20 Fund Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
GBP GBP GBP GBP
Net realised gain on financial assets at fair value through
profit or loss 236,992 722,640 17,142,550 8,739,835
Net change in unrealised (loss)/gain on financial assets
at fair value through profit or loss (2,466,400) 3,842,873 (20,011,447) 94,150,518
(2,229,408) 4,565,513 (2,868,897) 102,890,353
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 436
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
6. Fees and Expenses
Management fees
The Investment Manager is entitled to receive investment management fees in respect of each Fund payable out of the assets of the Fund accruing
daily and payable monthly in arrears. The table below shows the rates at which the Investment Manager's fees are charged:
Fund % of daily Net Asset Value
Emerging Markets Large Cap Core Equity Fund
- All Classes save for the USD Z Institutional Accumulation Shares and USD Z Institutional Distributing Shares 0.45%
- USD Z Institutional Accumulation Shares and USD Z Institutional Distributing Shares 0.00%
Emerging Markets Value Fund 0.50%
Euro Inflation Linked Intermediate Duration Fixed Income Fund 0.15%
European Small Companies Fund 0.50%
European Value Fund 0.40%
Global Core Equity Fund 0.30%
Global Short Fixed Income Fund 0.25%
Global Short–Term Investment Grade Fixed Income Fund 0.25%
Global Small Companies Fund 0.43%
Global Sustainability Core Equity Fund 0.33%
Global Targeted Value Fund 0.50%
Global Ultra Short Fixed Income Fund
- All Classes save for the T GBP Accumulation and T GBP Distributing Shares 0.15%
- T GBP Accumulation and T GBP Distributing Shares 0.20%
Global Value Fund
- All Classes save for the EUR P Accumulation Shares 0.40%
- EUR P Accumulation Shares 0.75%
Pacific Basin Small Companies Fund 0.50%
Sterling Inflation Linked Intermediate Duration Fixed Income Fund 0.15%
U.S. Core Equity Fund 0.20%
U.S. Small Companies Fund 0.35%
World Allocation 20/80 Fund 0.25%
World Allocation 40/60 Fund 0.30%
World Allocation 60/40 Fund 0.35%
World Allocation 80/20 Fund 0.38%
World Equity Fund 0.42%
During the financial year ended 30 November 2018 and 30 November 2017, details of amounts waived by the Investment Manager in relation to
management fees and reimbursements to the Funds are disclosed in the Statement of Comprehensive Income.
Administration and Depositary fees
The Administrator shall also be entitled to reimbursement of all
The Administrator shall be entitled to a fee payable out of the assets
reasonable costs, expenses and transaction costs incurred for the
of the Company accruing daily and payable monthly in arrears at an
benefit of the Fund out of the assets of the Fund in respect of which
annual rate not to exceed 0.0225% to 31 October 2018 and
such costs and expenses were incurred.
0.01633% from 1 November 2018 of the average NAV of each active
Fund of the Company and of Dimensional Funds II plc (the “Active The Depositary receives from each Fund a fee calculated at an
Sub-Funds”) measured in U.S. Dollars subject to a minimum annual annual rate not to exceed 0.0125% to 31 October 2018 and 0.01%
fee, exclusive of out of pocket expenses and transaction fees, of up to from 1 November 2018 of the average NAV of the Active Sub-Funds.
USD40,000 per Active Sub-Fund. The full amount of the minimum
annual fee applicable to each Active Sub-Fund may not be applied in The Funds also bear the cost of all sub-custodian charges and
certain circumstances as any fees payable by Active Sub-Funds (at transaction charges incurred by the Depositary, or any sub-custodian,
the rate not to exceed 0.0225% to 31 October 2018 and 0.01633% which shall not exceed normal commercial rates.
from 1 November 2018, per annum) which exceed USD40,000 per
annum (due to the size of such Active Sub-Funds) will be taken into The Depositary shall also be entitled to reimbursement of reasonable
account in calculating the minimum annual fee applicable to the other expenses incurred by the Depositary, or any sub-custodian, for the
Active Sub-Funds. benefit of the Funds out of the assets of the Fund in respect of which
such charges and expenses were incurred.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 437
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
6. Fees and Expenses (continued) Audit Fees
Administration and Depositary fees (continued) The remuneration payable to the auditors of the Company for the
The registrar and transfer agent is entitled to a fee payable out of the financial years ended 30 November 2018 and 30 November 2017
assets of the Company and Dimensional Funds II plc, accruing daily were as follows:
and payable monthly in arrears, of up to USD700,000 to 31 October
2018 and USD300,000 from 1 November 2018 per annum, allocated 30 November 2018 30 November 2017
to each Fund based on average assets under management. The EUR EUR
registrar and transfer agent is also entitled to reimbursement of all
Statutory audit 168,210 154,800
reasonable costs and expenses incurred for the benefit of the Funds
Tax advisory services – –
out of the assets of the Funds in respect of which such charges and
168,210 154,800
expenses were incurred.
Directors’ fees The audit fees shown above are exclusive of VAT and inclusive of out
The Directors are entitled to a fee in remuneration for their services. of pocket expenses.
The amount of each Director’s remuneration for the period in respect
of the Company should not exceed EUR28,000 (save for the
Chairperson who could receive up to EUR34,000) (30 November
2017: EUR22,000, save for the Chairperson who could receive up to
EUR28,000) The fee cannot be increased without the shareholders
being notified.
Aggregate Directors’ fees of EUR82,572 (30 November 2017:
EUR73,704) were accrued during the financial year ended 30
November 2018. Directors’ fees of EUR41,286 (30 November 2017:
EUR29,870) were payable at financial year end. The Directors who
were employees of the Investment Manager and Investment Sub-
Advisors during the financial year were not entitled to any such
remuneration.
Transaction costs
Details of transaction costs for the financial year ended 30 November 2018 was as follows:
Total
Transaction
Purchases Sale Fees from Fees from Costs
Purchase Tax/Fee/ Sale Tax/Fee/ Custodial Fund 30 November
Fund Currency Commissions Other Commissions Other Services Services 2018
Emerging Markets Large Cap Core Equity Fund USD 34,976 39,777 37,161 104,277 36,591 4,271 257,053
Emerging Markets Value Fund USD 252,232 239,935 205,833 543,380 393,424 77,324 1,712,128
Euro Inflation Linked Intermediate Duration Fixed Income Fund EUR - - - - 2,320 3,531 5,851
European Small Companies Fund EUR 13,431 57,138 6,974 89 66,449 28,639 172,720
European Value Fund EUR 12,785 50,945 6,273 70 23,198 8,827 102,098
Global Core Equity Fund USD 128,523 272,298 9,400 1,086 235,551 83,453 730,311
Global Short Fixed Income Fund EUR - - - - 36,639 38,012 74,651
Global Short-Term Investment Grade Fixed Income Fund USD - - - - 18,958 56,461 75,419
Global Small Companies Fund USD 50,583 56,796 39,196 4,694 152,356 53,770 357,395
Global Sustainability Core Equity Fund USD 12,087 27,676 811 110 46,093 15,159 101,936
Global Targeted Value Fund USD 213,980 303,784 82,994 6,933 225,676 91,943 925,310
Global Ultra Short Fixed Income Fund GBP - - - - 10,095 47,781 57,876
Global Value Fund USD 44,166 93,562 17,802 1,752 63,543 12,608 233,433
Pacific Basin Small Companies Fund USD 6,660 2,583 4,222 6,513 58,008 23,357 101,343
Sterling Inflation Linked Intermediate Duration Fixed
Income Fund GBP - - - - 1,622 41,874 43,496
U.S. Core Equity Fund USD 1,426 - 362 38 2,006 316 4,148
U.S. Small Companies Fund USD 9,571 - 4,745 402 6,777 26,452 47,947
World Allocation 20/80 Fund GBP - - - - 19,801 5,229 25,030
World Allocation 40/60 Fund GBP - - - - 18,577 17,221 35,798
World Allocation 60/40 Fund GBP - - - - 19,032 22,480 41,512
World Allocation 80/20 Fund GBP - - - - 20,592 9,835 30,427
World Equity Fund GBP 63,694 113,826 7,594 7,126 181,069 34,954 408,263
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 438
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
6. Fees and Expenses (continued)
Transaction costs (continued)
Details of transaction costs for the financial year 30 November 2017 was as follows:
Total
Transaction
Purchases Sale Fees from Fees from Costs
Purchase Tax/Fee/ Sale Tax/Fee/ Custodial Fund 30 November
Fund Currency Commissions Other Commissions Other Services Services 2017
Emerging Markets Large Cap Core Equity Fund USD 120,250 137,826 13,569 41,546 39,734 2,008 354,933
Emerging Markets Value Fund USD 196,515 212,524 205,053 500,758 358,925 72,399 1,546,174
Euro Inflation Linked Intermediate Duration Fixed Income Fund EUR – – – – 2,291 2,394 4,685
European Small Companies Fund EUR 10,895 66,466 6,445 88 57,752 28,221 169,867
European Value Fund EUR 13,387 55,239 6,056 48 21,504 8,010 104,244
Global Core Equity Fund USD 114,579 224,700 13,948 1,191 217,068 81,323 652,809
Global Short Fixed Income Fund EUR – – – – 45,654 38,122 83,776
Global Short-Term Investment Grade Fixed Income Fund USD – – – – 19,035 52,694 71,729
Global Small Companies Fund USD 33,422 51,127 34,872 5,400 129,249 55,799 309,869
Global Sustainability Core Equity Fund USD 13,377 23,259 1,754 297 49,649 12,572 100,908
Global Targeted Value Fund USD 225,619 431,124 89,194 8,003 270,046 90,862 1,114,848
Global Ultra Short Fixed Income Fund GBP – – – – 10,920 46,613 57,533
Global Value Fund USD 40,895 88,260 8,907 1,010 60,352 4,644 204,068
Pacific Basin Small Companies Fund USD 6,108 1,744 3,947 6,823 50,315 20,889 89,826
Sterling Inflation Linked Intermediate Duration Fixed
Income Fund GBP – – – – 2,014 38,118 40,132
U.S. Core Equity Fund USD 3,061 – 127 17 3,218 307 6,730
U.S. Small Companies Fund USD 11,938 – 5,078 514 7,146 25,008 49,684
World Allocation 20/80 Fund GBP – – – – 18,402 4,161 22,563
World Allocation 40/60 Fund GBP – – – – 21,004 15,424 36,428
World Allocation 60/40 Fund GBP – - – – 20,109 19,525 39,634
World Allocation 80/20 Fund GBP – – – – 26,767 6,738 33,505
World Equity Fund GBP 69,964 122,815 7,940 5,318 188,352 32,792 427,181
7. Taxation b) certain exempted Irish tax resident shareholders who have
Under current law and practice the Company qualifies as an provided the Company with the appropriate signed declarations
investment undertaking as defined in Section 739B of the Taxes in the prescribed Revenue format.
Consolidation Act, 1997, as amended. On that basis, it is not
chargeable to Irish tax on its income or chargeable gains. However, Dividends, interest and capital gains (if any) received on investments
Irish tax may arise on the happening of a “chargeable event”. A made by the Company may be subject to taxes imposed by the
chargeable event includes any distribution payments to shareholders, country from which the investment income/gains are received and
any encashment, redemption, cancellation or transfer of shares and such taxes may not be recoverable by the Company or its
the holding of shares at the end of each eight year anniversary shareholders.
beginning with the acquisition of such shares.
Capital gains, dividends and interest received on investments may be
subject to withholding taxes imposed by the country of origin and
No Irish tax will arise on the Company in respect of chargeable
such taxes may not be recoverable by the Fund or its shareholders.
events in respect of:
The Company may incur capital gains taxes for income earned from
a) a shareholder who is neither Irish resident nor ordinarily resident transactions in foreign jurisdictions. For the financial year ended 30
in Ireland for tax purposes, at the time of the chargeable event, November 2018 the Company incurred capital gains taxes of
provided appropriate valid declarations in accordance with the EUR6,324,841 (30 November 2017: EUR6,479,511).
provisions of the Taxes Consolidation Act, 1997, as amended,
are held by the Company at that time or the Company has been
authorised by the Irish Revenue to make gross payments in the
absence of appropriate declarations; and
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 439
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
8. Cash and Cash Equivalents The Subscriber Shares entitle the holders to attend and vote at
The cash balances as disclosed in the Statement of Financial general meetings of the Company but do not entitle the holders to
Position were held at State Street Custodial Services (Ireland) Limited participate in the profits or assets of the Company except for a return
as at 30 November 2018 and 30 November 2017. Cash and cash of capital on a winding–up. The Subscriber Shares are not included in
equivalents comprise cash balances valued at their face value with the calculation of the NAV per redeemable share.
interest accrued, where applicable.
As at 30 November 2018 Dimensional Fund Advisors LP, Peter
In March 2015, the Central Bank introduced Investor Money Blessing, David G. Booth, Dermot S.L. Butler, Arthur Barlow and
Regulations (“IMR”). These regulations, which were effective from 1 Catherine L. Newell held one subscriber share each (fully paid-up) in
July 2016, detail material changes to the current rules in relation to the Company. (30 November 2017: Dimensional Fund Advisors LP,
investor money, and were designed to increase transparency and Peter Blessing, David G. Booth, Dermot S.L. Butler, Arthur Barlow
enhance investor protection. and Catherine L. Newell).
In response to these regulations, cash accounts held with a third Shares entitle the holders to attend and vote at general meetings of
party banking entity for collection of subscriptions and payment of the Company and to participate equally (subject to any differences
redemptions are now deemed to be assets of the Company. between fees, charges and expenses applicable to different classes)
in the profits and assets of the Company on the terms and conditions
Cash collateral received relates to collateral received for securities on set out in the Prospectus. The Funds have the ability to issue multiple
loan and is held by securities lending agent as at 30 November 2018 classes of redeemable shares. Each redeemable share within a class
and 30 November 2017. represents an identical legal interest in the Funds and has identical
rights.
9. Share Capital
The authorised share capital of the Company is 500,000,030,000
shares of no par value divided into 30,000 Subscriber Shares of no
par value and 500,000,000,000 shares (the “Shares”) of no par value.
The following redeemable share transactions occurred during the financial year ended 30 November 2018 and 30 November 2017:
USD
EUR EUR GBP SGD USD Z Institutional
Accum. Class Dist. Class Accum. Class* Accum. Class** Accum. Class Accum. Class
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
Emerging Markets Large Cap Core Equity Fund
Balance at the start of the financial year 604,577 511,203 105,908 1,855 – – 41,218 – 4,957,009 224,335 34,870,405 34,918,863
Issue of redeemable shares during the financial year 144,962 96,943 30,387 104,355 172,893 – 452,699 41,248 347,760 4,869,012 – –
Redemption of redeemable shares during the financial
year (23,362) (3,569) (10,523) (302) (4,109) – (5,806) (30) (1,939,710) (136,338) (52,729) (48,458)
Balance at the end of the financial year 726,177 604,577 125,772 105,908 168,784 – 488,111 41,218 3,365,059 4,957,009 34,817,676 34,870,405
EUR EUR GBP GBP JPY
Accum. Class Dist. Class Accum. Class Dist. Class Accum. Class
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
Emerging Markets Value Fund
Balance at the start of the financial year 34,922,793 33,031,651 7,110,634 4,764,830 11,984,400 12,306,525 6,409,858 6,434,005 304,908 54,884
Issue of redeemable shares during the financial year 3,481,000 6,179,078 4,598,155 3,024,504 1,966,650 3,070,985 952,648 1,096,260 334,268 256,597
Redemption of redeemable shares during the financial
year (1,967,875) (4,287,936) (869,457) (678,700) (5,065,247) (3,393,110) (1,523,052) (1,120,407) (27,546) (6,573)
Balance at the end of the financial year 36,435,918 34,922,793 10,839,332 7,110,634 8,885,803 11,984,400 5,839,454 6,409,858 611,630 304,908
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 440
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
9. Share Capital (continued)
The following redeemable share transactions occurred during the financial year ended 30 November 2018 and 30 November 2017: (continued)
JPY SEK USD USD
Dist. Class Accum. Class Accum. Class Dist. Class
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
Emerging Markets Value Fund (continued)
Balance at the start of the financial year 1,151,539 1,543,029 515,398 615,513 20,919,971 24,972,175 698,355 908,152
Issue of redeemable shares during the financial year 2,058,524 629,395 4,672,573 536,038 3,921,814 1,780,700 907,541 482,011
Redemption of redeemable shares during the financial
year (694,008) (1,020,885) (116,876) (636,153) (1,365,134) (5,832,904) (322,384) (691,808)
Balance at the end of the financial year 2,516,055 1,151,539 5,071,095 515,398 23,476,651 20,919,971 1,283,512 698,355
EUR EUR
Accum. Class Dist. Class
30-Nov-18 30-Nov-17 30-Nov-17
Euro Inflation Linked Intermediate Duration Fixed
Income Fund
Balance at the start of the financial year 1,244,142 476,985 424,046 156,876
Issue of redeemable shares during the financial year 1,181,251 933,325 153,271 448,347
Redemption of redeemable shares during the financial
year (221,894) (166,168) (175,072) (181,177)
Balance at the end of the financial year 2,203,499 1,244,142 402,245 424,046
* Share classes launched during the year ended 30 November 2018.
** Share classes launched during the year ended 30 November 2017.
EUR EUR GBP GBP USD
Accum. Class Dist. Class Accum. Class Dist. Class Accum. Class
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
European Small Companies Fund
Balance at the start of the financial year 2,173,639 2,373,586 2,083,989 1,240,632 742,231 818,512 694,589 694,931 110,585 96,226
Issue of redeemable shares during the financial year 413,679 414,123 592,871 1,059,928 104,874 190,739 67,702 124,513 3,683 69,901
Redemption of redeemable shares during the financial
year (259,025) (614,070) (221,884) (216,571) (156,550) (267,020) (72,101) (124,855) (31,150) (55,542)
Balance at the end of the financial year 2,328,293 2,173,639 2,454,976 2,083,989 690,555 742,231 690,190 694,589 83,118 110,585
USD
Dist. Class
30-Nov-18 30-Nov-17
European Small Companies Fund (continued)
Balance at the start of the financial year 24,927 214,945
Issue of redeemable shares during the financial year 11,141 12,009
Redemption of redeemable shares during the financial
year (27,282) (202,027)
Balance at the end of the financial year 8,786 24,927
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 441
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
9. Share Capital (continued)
EUR EUR GBP GBP USD
Accum. Class Dist. Class Accum. Class Dist. Class Accum. Class
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
European Value Fund
Balance at the start of the financial year 3,793,402 3,027,391 2,100,806 1,133,785 207,450 244,867 165,803 170,820 535,671 531,131
Issue of redeemable shares during the financial year 1,266,673 2,221,195 653,796 1,170,755 196,552 30,795 17,320 65,621 84,846 192,019
Redemption of redeemable shares during the financial
year (578,543) (1,455,184) (294,620) (203,734) (31,444) (68,212) (12,452) (70,638) (73,192) (187,479)
Balance at the end of the financial year 4,481,532 3,793,402 2,459,982 2,100,806 372,558 207,450 170,671 165,803 547,325 535,671
USD
Dist. Class
30-Nov-18 30-Nov-17
European Value Fund (continued)
Balance at the start of the financial year 82,926 312,223
Issue of redeemable shares during the financial year 25,792 28,016
Redemption of redeemable shares during the financial
year (82,919) (257,313)
Balance at the end of the financial year 25,799 82,926
EUR EUR EUR GBP GBP
Accum. Class Accum. Hedged Class* Dist. Class Accum. Class Dist. Class
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
Global Core Equity Fund
Balance at the start of the financial year 12,014,565 10,095,732 500,000 – 15,554,946 12,014,672 23,947,543 21,410,867 28,196,093 20,720,108
Issue of redeemable shares during the financial year 3,476,740 3,648,706 1,103,280 500,000 4,021,562 4,609,702 6,527,248 6,708,093 10,749,681 10,158,874
Redemption of redeemable shares during the financial
year (1,542,530) (1,729,873) – – (2,233,599) (1,069,428) (3,160,119) (4,171,417) (3,204,414) (2,682,889)
Balance at the end of the financial year 13,948,775 12,014,565 1,603,280 500,000 17,342,909 15,554,946 27,314,672 23,947,543 35,741,360 28,196,093
*Share classes launched during the year ended 30 November 2017.
JPY JPY SEK SGD USD
Accum. Class Dist. Class Accum. Class Accum. Class* Accum. Class
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
Global Core Equity Fund (continued)
Balance at the start of the financial year 247,216 52,621 4,926,480 6,278,087 2,961,801 4,007,311 338,445 – 6,309,927 3,636,121
Issue of redeemable shares during the financial year 410,892 229,410 8,037,290 2,602,576 2,458,889 1,739,489 2,652,600 341,892 2,335,589 3,689,509
Redemption of redeemable shares during the financial
year (41,834) (34,815) (3,031,501) (3,954,183) (1,173,583) (2,784,999) (53,341) (3,447) (1,329,771) (1,015,703)
Balance at the end of the financial year 616,274 247,216 9,932,269 4,926,480 4,247,107 2,961,801 2,937,704 338,445 7,315,745 6,309,927
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 442
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
9. Share Capital (continued)
USD
Dist. Class
30-Nov-18 30-Nov-17
Global Core Equity Fund (continued)
Balance at the start of the financial year 605,581 3,062,360
Issue of redeemable shares during the financial year 182,342 337,705
Redemption of redeemable shares during the financial
year (135,155) (2,794,484)
Balance at the end of the financial year 652,768 605,581
CHF EUR EUR GBP GBP
Dist. Class Accum. Class Dist. Class Accum. Class Dist. Class
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
Global Short Fixed Income Fund
Balance at the start of the financial year 3,619,435 3,179,185 29,629,732 26,356,921 51,693,836 38,017,825 1,616,299 964,509 12,909,596 7,859,390
Issue of redeemable shares during the financial year 390,792 837,001 6,649,783 6,418,838 11,765,795 17,159,331 810,387 863,408 20,084,205 5,777,576
Redemption of redeemable shares during the financial
year (250,214) (396,751) (3,838,457) (3,146,027) (6,058,659) (3,483,320) (378,308) (211,618) (2,012,888) (727,370)
Balance at the end of the financial year 3,760,013 3,619,435 32,441,058 29,629,732 57,400,972 51,693,836 2,048,378 1,616,299 30,980,913 12,909,596
JPY JPY NOK NOK SEK
Accum. Class Dist. Class Accum. Class* Dist. Class Accum. Class
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
Global Short Fixed Income Fund (continued)
Balance at the start of the financial year 42,785,572 13,924,589 90,212,240 93,632,004 550,565 – 14,861,446 10,948,530 12,573,301 11,552,887
Issue of redeemable shares during the financial year 8,643,445 28,894,794 26,154,859 24,261,138 505,382 550,565 1,631,875 5,386,396 8,339,766 5,635,684
Redemption of redeemable shares during the financial
year (13,193,288) (33,811) (25,608,713) (27,680,902) (30,181) – (1,719,260) (1,473,480) (4,827,210) (4,615,270)
Balance at the end of the financial year 38,235,729 42,785,572 90,758,386 90,212,240 1,025,766 550,565 14,774,061 14,861,446 16,085,857 12,573,301
SEK SGD USD USD
Dist. Class Accum. Class* Accum. Class Dist. Class
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
Global Short Fixed Income Fund (continued)
Balance at the start of the financial year 6,617,854 7,512,597 119,000 – 6,405,556 5,660,678 3,178,929 4,094,232
Issue of redeemable shares during the financial year 213,525 420,601 927,018 121,826 485,260 2,804,149 973,192 1,447,838
Redemption of redeemable shares during the financial
year (401,412) (1,315,344) (26,549) (2,826) (1,339,619) (2,059,271) (426,827) (2,363,141)
Balance at the end of the financial year 6,429,967 6,617,854 1,019,469 119,000 5,551,197 6,405,556 3,725,294 3,178,929
* Share classes launched during the year ended 30 November 2017.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 443
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
9. Share Capital (continued)
CHF EUR EUR GBP GBP
Dist. Class Accum. Class Dist. Class Accum. Class Dist. Class
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
Global Short-Term Investment Grade Fixed Income
Fund
Balance at the start of the financial year 1,454,367 1,018,081 13,957,055 9,317,553 14,280,728 7,502,109 13,724,484 9,172,266 25,104,054 16,195,775
Issue of redeemable shares during the financial year 225,963 452,264 4,300,563 5,770,925 4,315,483 7,506,515 6,910,162 7,463,826 11,526,070 9,857,940
Redemption of redeemable shares during the financial
year (24,554) (15,978) (2,238,861) (1,131,423) (1,794,959) (727,896) (2,499,446) (2,911,608) (2,436,258) (949,661)
Balance at the end of the financial year 1,655,776 1,454,367 16,018,757 13,957,055 16,801,252 14,280,728 18,135,200 13,724,484 34,193,866 25,104,054
JPY SEK SGD USD USD
Dist. Class Accum. Class Accum. Class* Accum. Class Dist. Class
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
Global Short-Term Investment Grade Fixed Income
Fund (continued)
Balance at the start of the financial year 1,304,929 1,221,458 13,451,907 8,530,744 117,971 – 1,278,002 570,631 466,928 101,933
Issue of redeemable shares during the financial year 58,867 801,776 6,564,765 5,801,669 914,715 121,426 400,118 859,931 214,608 507,913
Redemption of redeemable shares during the financial
year (545,764) (718,305) (6,776,352) (880,506) (34,507) (3,455) (461,949) (152,560) (37,755) (142,918)
Balance at the end of the financial year 818,032 1,304,929 13,240,320 13,451,907 998,179 117,971 1,216,171 1,278,002 643,781 466,928
EUR EUR GBP GBP USD
Accum. Class Dist. Class Accum. Class Dist. Class Accum. Class
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
Global Small Companies Fund
Balance at the start of the financial year 2,417,482 2,234,039 2,133,618 3,769,100 8,748,650 9,105,879 5,465,174 5,446,567 790,874 934,965
Issue of redeemable shares during the financial year 896,831 664,987 768,405 1,067,890 1,412,720 2,099,237 1,324,173 1,490,741 5,521,516 52,393
Redemption of redeemable shares during the financial
year (1,086,742) (481,544) (424,010) (2,703,372) (4,258,654) (2,456,466) (818,080) (1,472,134) (49,688) (196,484)
Balance at the end of the financial year 2,227,571 2,417,482 2,478,013 2,133,618 5,902,716 8,748,650 5,971,267 5,465,174 6,262,702 790,874
USD
Dist. Class
30-Nov-18 30-Nov-17
Global Small Companies Fund (continued)
Balance at the start of the financial year 2,702,399 1,592,906
Issue of redeemable shares during the financial year 316,502 1,109,493
Redemption of redeemable shares during the financial
year (2,941,391) –
Balance at the end of the financial year 77,510 2,702,399
EUR EUR GBP GBP USD
Accum. Class Dist. Class Accum. Class Dist. Class Accum. Class
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
Global Sustainability Core Equity Fund
Balance at the start of the financial year 2,242,180 1,112,248 454,236 227,711 3,074,583 2,432,767 1,978,034 1,073,486 1,356,364 503,095
Issue of redeemable shares during the financial year 916,560 1,262,226 401,227 254,678 783,499 1,157,906 1,357,530 1,034,090 114,583 1,021,673
Redemption of redeemable shares during the financial
year (385,901) (132,294) (58,128) (28,153) (488,078) (516,090) (202,442) (129,542) (100) (168,404)
Balance at the end of the financial year 2,772,839 2,242,180 797,335 454,236 3,370,004 3,074,583 3,133,122 1,978,034 1,470,847 1,356,364
* Share classes launched during the year ended 30 November 2017.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 444
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
9. Share Capital (continued)
USD
Dist. Class
30-Nov-18 30-Nov-17
Global Sustainability Core Equity Fund (continued)
Balance at the start of the financial year 29,915 53,660
Issue of redeemable shares during the financial year 39,442 –
Redemption of redeemable shares during the financial
year (6,404) (23,745)
Balance at the end of the financial year 62,953 29,915
EUR EUR GBP GBP JPY
Accum. Class Dist. Class Accum. Class Dist. Class JPY Accum. Class*
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
Global Targeted Value Fund
Balance at the start of the financial year 7,966,020 6,787,829 15,718,740 12,087,898 21,806,782 20,549,416 23,691,228 21,310,257 – –
Issue of redeemable shares during the financial year 3,990,564 2,912,043 5,454,804 5,423,655 5,683,738 5,466,833 6,366,516 7,745,885 246,955 –
Redemption of redeemable shares during the financial –
year (1,863,307) (1,733,852) (1,191,439) (1,792,813) (2,898,156) (4,209,467) (3,325,613) (5,364,914) –
Balance at the end of the financial year 10,093,277 7,966,020 19,982,105 15,718,740 24,592,364 21,806,782 26,732,131 23,691,228 246,955 –
SEK SGD USD USD
Accum. Class Accum. Class** Accum. Class Dist. Class
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
Global Targeted Value Fund (continued)
Balance at the start of the financial year 5,149,606 4,667,527 66,680 – 26,091,675 18,568,576 251,643 112,027
Issue of redeemable shares during the financial year 4,959,264 1,667,287 562,499 67,178 2,110,988 8,473,260 136,757 172,709
Redemption of redeemable shares during the financial
year (3,646,968) (1,185,208) (13,005) (498) (545,304) (950,161) (30,320) (33,093)
Balance at the end of the financial year 6,461,902 5,149,606 616,174 66,680 27,657,359 26,091,675 358,080 251,643
EUR EUR GBP GBP SEK
Accum. Class Dist. Class Accum. Class Dist. Class Accum. Class
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
Global Ultra Short Fixed Income Fund
Balance at the start of the financial year 2,217,728 3,015,816 2,019,479 1,523,329 15,240,989 9,707,689 43,420,875 33,428,408 628,016 1,012,528
Issue of redeemable shares during the financial year 1,008,176 590,959 2,342,296 1,141,346 7,695,205 11,967,670 16,641,119 19,857,316 252,058 95,657
Redemption of redeemable shares during the financial
year (498,469) (1,389,047) (524,718) (645,196) (4,450,010) (6,434,370) (10,467,551) (9,864,849) (502,051) (480,169)
Balance at the end of the financial year 2,727,435 2,217,728 3,837,057 2,019,479 18,486,184 15,240,989 49,594,443 43,420,875 378,023 628,016
EUR EUR GBP GBP
Accum. Class Accum. P Class Accum. Class Dist. Class
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
Global Value Fund
Balance at the start of the financial year 144,058 16,004 18,264,538 10,060,328 589,502 42,037 1,403,055 260,796
Issue of redeemable shares during the financial year 360,463 130,493 6,390,644 10,579,622 5,280,485 559,404 2,462,688 1,178,294
Redemption of redeemable shares during the financial
year (47,089) (2,439) (6,782,855) (2,375,412) (134,446) (11,939) (208,165) (36,035)
Balance at the end of the financial year 457,432 144,058 17,872,327 18,264,538 5,735,541 589,502 3,657,578 1,403,055
* Share classes launched during the year ended 30 November 2018.
** Share classes launched during the year ended 30 November 2017.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 445
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
9. Share Capital (continued)
EUR EUR GBP GBP USD
Accum. Class Dist. Class Accum. Class Dist. Class Accum. Class
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
Pacific Basin Small Companies Fund
Balance at the start of the financial year 334,038 295,843 195,602 139,467 934,982 915,376 730,668 694,534 147,256 122,728
Issue of redeemable shares during the financial year 104,735 82,211 144,351 186,334 197,468 212,154 82,254 131,794 39,490 69,225
Redemption of redeemable shares during the financial
year (77,823) (44,016) (29,958) (130,199) (113,271) (192,548) (84,483) (95,660) (52,055) (44,697)
Balance at the end of the financial year 360,950 334,038 309,995 195,602 1,019,179 934,982 728,439 730,668 134,691 147,256
USD
Dist. Class
30-Nov-18 30-Nov-17
Pacific Basin Small Companies Fund (continued)
Balance at the start of the financial year 115,820 89,979
Issue of redeemable shares during the financial year 26,069 42,160
Redemption of redeemable shares during the financial
year (2,127) (16,319)
Balance at the end of the financial year 139,762 115,820
GBP GBP
Accum. Class Dist. Class
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
Sterling Inflation Linked Intermediate Duration Fixed
Income Fund
Balance at the start of the financial year 26,552,808 19,709,413 25,959,152 19,649,562
Issue of redeemable shares during the financial year 8,185,549 9,207,038 6,620,067 8,692,845
Redemption of redeemable shares during the financial
year (5,463,042) (2,363,643) (5,802,644) (2,383,255)
Balance at the end of the financial year 29,275,315 26,552,808 26,776,575 25,959,152
USD
Accum. Class
30-Nov-18
U.S. Core Equity Fund
Balance at the start of the financial year 1,916,401 573,167
Issue of redeemable shares during the financial year 649,507 1,392,073
Redemption of redeemable shares during the financial
year (107,819) (48,839)
Balance at the end of the financial year 2,458,089 1,916,401
EUR GBP GBP USD USD
Accum. Class Accum. Class Dist. Class Accum. Class Dist. Class
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
U.S. Small Companies Fund
Balance at the start of the financial year 1,833,759 1,899,572 795,933 884,768 857,612 850,724 1,183,002 889,189 121,339 110,713
Issue of redeemable shares during the financial year 425,127 332,601 123,466 105,209 112,666 165,383 389,896 568,931 36,193 57,541
Redemption of redeemable shares during the financial
year (218,192) (398,414) (134,876) (194,044) (147,340) (158,495) (267,857) (275,118) (57,889) (46,915)
Balance at the end of the financial year 2,040,694 1,833,759 784,523 795,933 822,938 857,612 1,305,041 1,183,002 99,643 121,339
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 446
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
9. Share Capital (continued)
EUR GBP GBP USD
Accum. Class Accum. Class Dist. Class Accum. Class*
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
World Allocation 20/80 Fund
Balance at the start of the financial year 1,096,624 188,564 2,534,926 846,670 275,356 94,572 – –
Issue of redeemable shares during the financial year 1,428,425 933,766 2,067,517 1,950,299 588,386 333,084 46,222 –
Redemption of redeemable shares during the financial
year (100,930) (25,706) (877,732) (262,043) (117,089) (152,300) – –
Balance at the end of the financial year 2,424,119 1,096,624 3,724,711 2,534,926 746,653 275,356 46,222 –
EUR GBP GBP USD
Accum. Class Accum. Class Dist. Class Accum. Class*
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
World Allocation 40/60 Fund
Balance at the start of the financial year 1,146,139 160,847 19,804,177 11,657,810 3,853,521 3,067,198 – –
Issue of redeemable shares during the financial year 2,261,802 1,029,647 9,516,218 10,374,483 2,182,255 1,564,833 250,640 –
Redemption of redeemable shares during the financial
year (124,081) (44,355) (2,909,540) (2,228,116) (507,486) (778,510) – –
Balance at the end of the financial year 3,283,860 1,146,139 26,410,855 19,804,177 5,528,290 3,853,521 250,640 –
EUR GBP GBP USD
Accum. Class Accum. Class Dist. Class Accum. Class*
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
World Allocation 60/40 Fund
Balance at the start of the financial year 1,245,056 314,324 30,707,231 19,581,337 7,864,326 6,036,859 – –
Issue of redeemable shares during the financial year 3,167,398 1,024,693 14,890,842 14,450,967 3,133,230 2,900,116 461,036 –
Redemption of redeemable shares during the financial
year (290,151) (93,961) (4,092,387) (3,325,073) (1,379,606) (1,072,649) – –
Balance at the end of the financial year 4,122,303 1,245,056 41,505,686 30,707,231 9,617,950 7,864,326 461,036 –
EUR GBP GBP USD
Accum. Class Accum. Class Dist. Class Accum. Class*
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
World Allocation 80/20 Fund
Balance at the start of the financial year 603,449 106,515 5,397,853 2,408,982 1,115,906 206,640 – –
Issue of redeemable shares during the financial year 907,083 531,038 4,574,783 3,724,324 1,065,331 954,962 155,868 –
Redemption of redeemable shares during the financial
year (109,686) (34,104) (982,797) (735,453) (60,821) (45,696) – –
Balance at the end of the financial year 1,400,846 603,449 8,989,839 5,397,853 2,120,416 1,115,906 155,868 –
EUR EUR GBP GBP SEK
Accum. Class Dist. Class Accum. Class Dist. Class Accum.Class
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
World Equity Fund
Balance at the start of the financial year 13,396,183 11,435,390 6,502,827 5,104,565 14,169,026 12,796,218 17,643,541 13,041,587 10,321,845 3,987,284
Issue of redeemable shares during the financial year 2,918,964 3,547,434 2,259,464 2,064,234 5,418,549 4,514,116 6,262,323 5,850,793 11,817,224 6,574,215
Redemption of redeemable shares during the financial
year (2,659,201) (1,586,641) (1,153,826) (665,972) (3,123,939) (3,141,308) (1,103,895) (1,248,839) (2,607,853) (239,654)
Balance at the end of the financial year 13,655,946 13,396,183 7,608,465 6,502,827 16,463,636 14,169,026 22,801,969 17,643,541 19,531,216 10,321,845
* Share classes launched during the year ended 30 November 2018.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 447
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
9. Share Capital (continued)
SGD USD USD
Accum. Class* Accum. Class* Dist. Class
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
World Equity Fund (continued)
Balance at the start of the financial year – – – – 4,347,171 1,165,989
Issue of redeemable shares during the financial year 442,806 – 133,145 – 772,886 3,409,611
Redemption of redeemable shares during the financial
year (3,001) – – – (218,049) (228,429)
Balance at the end of the financial year 439,805 – 133,145 – 4,902,008 4,347,171
* Share classes launched during the year ended 30 November 2018.
10. Related Party Transactions
The related parties to the Fund are the Directors, the Investment Manager, the Investment Sub–Advisors and the shareholders with significant
holdings of at least 20% of the Fund.
As 30 November 2018 and 30 November 2017, the Investment Manager, Dimensional Fund Advisors Ltd. held shares in each of the following
Funds:
Fund 30 November 2018 30 November 2017
Emerging Markets Large Cap Core Equity Fund – 100 EUR Distributing Class
Emerging Markets Value Fund 1,150 SEK Accumulation Class 1,150 SEK Accumulation Class
Global Core Equity Fund 1,150 SEK Accumulation Class 1,150 SEK Accumulation Class
Global Short Fixed Income Fund 1,150 SEK Accumulation Class 1,150 SEK Accumulation Class
Global Short–Term Investment Grade Fixed Income Fund – 1,150 SEK Accumulation Class
Global Sustainability Core Equity Fund – 100 USD Accumulation Class
Global Sustainability Core Equity Fund 100 USD Distributing Class 100 USD Distributing Class
Global Targeted Value Fund – 1,150 SEK Accumulation Class
Global Ultra Short Fixed Income Fund 1,608,292 GBP Accumulation Class 1,895,556 GBP Accumulation Class
Global Ultra Short Fixed Income Fund 1,150 SEK Accumulation Class 1,150 SEK Accumulation Class
U.S. Core Equity Fund 187,084 USD Accumulation Class 187,084 USD Accumulation Class
As at 30 November 2018, World Allocation 20/80 Fund, World Allocation 40/60 Fund, World Allocation 60/40 Fund and World Allocation 80/20 Fund
invested in other Funds of the Company and also other related funds which have appointed the same Investment Manager, Investment Sub-Advisor
or other related party entities to provide investment management services to the Company, as disclosed in the Portfolio of Investments. The
management fees in relation to the underlying Funds have been waived by the Investment Manager, and these waivers are disclosed in the
Statement of Comprehensive Income.
The Investment Manager, of which Catherine L. Newell, Gerard O’Reilly, John Romiza and Nathan Lacaze are also directors, acts as the authorised
corporate director to another fund range in which certain Funds have made investments.
In the opinion of the Directors, the Investment Manager and the Investment Sub-Advisors are related parties under FRS 102. Fees earned by these
parties and the amounts due at 30 November 2018 and 30 November 2017 are disclosed in the Statement of Comprehensive Income and
Statement of Financial Position respectively.
Management fees waived and reimbursed during the financial year are disclosed in the Statement of Comprehensive Income.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 448
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
10. Related Party Transactions (continued)
The following tables detail the number of shareholders with significant holdings of at least 20% of the relevant Fund and the aggregate value and
percentage of that holding as at 30 November 2018 and 30 November 2017. One or more of the shareholders may be omnibus accounts, which
typically hold shares for the benefit of several other underlying investors.
30 November 2018
Number of Significant Aggregate Shareholding
Fund Shareholders of the Fund Value of Holding as a % Fund NAV
Emerging Markets Large Cap Core Equity Fund 1 USD356,881,184 85.13
Euro Inflation Linked Intermediate Duration Fixed Income Fund 1 EUR8,622,711 26.11
Global Small Companies Fund 1 USD149,645,522 28.42
Global Sustainability Core Equity Fund 1 USD51,048,255 21.12
Global Value Fund 1 USD164,208,232 40.14
Pacific Basin Small Companies Fund 1 USD17,244,767 20.13
Sterling Inflation Linked Intermediate Duration Fixed Income Fund 1 GBP334,672,473 44.57
U.S. Core Equity Fund 1 USD12,155,503 34.61
World Allocation 40/60 Fund 2 GBP238,202,971 46.06
World Allocation 60/40 Fund 1 GBP292,405,471 31.01
World Allocation 80/20 Fund 1 GBP70,086,539 41.57
30 November 2017
Number of Significant Aggregate Shareholding
Fund Shareholders of the Fund Value of Holding as a % Fund NAV
Emerging Markets Large Cap Core Equity Fund 1 USD388,107,606 83.05
Euro Inflation Linked Intermediate Duration Fixed Income Fund 3 EUR15,747,822 74.74
Global Small Companies Fund 1 USD133,869,523 24.09
Global Sustainability Core Equity Fund 1 USD40,122,487 20.83
Global Value Fund 2 USD246,127,568 81.74
Pacific Basin Small Companies Fund 1 USD18,163,593 20.39
Sterling Inflation Linked Intermediate Duration Fixed Income Fund 1 GBP295,416,472 42.95
U.S. Core Equity Fund 1 USD9,421,823 35.02
World Allocation 40/60 Fund 2 GBP183,136,038 49.72
World Allocation 60/40 Fund 2 GBP358,492,487 52.31
World Allocation 80/20 Fund 1 GBP44,943,893 46.95
Cross Holdings
As at the Statement of Financial Position date a number of Funds invested in other Funds of the Company. Details of these cross investments are
outlined below. The impact of these cross–investment transactions have been eliminated from the total column of the Statement of Financial
Position, Statement of Comprehensive Income and the Statement of Changes in Net Assets Attributable to Holders of Redeemable Shares.
Global Sustainability Core Equity Fund held the following investments as at 30 November 2018 and related gains and losses on Funds within the
Company during the financial year ended 30 November 2018:
Global Small
Companies Fund
Fund USD
Issue of shares 3,100,000
Redemption of shares (38,209,201)
Fair value of investment funds -
Net realised gain in on financial assets at fair
value through profit or loss 6,832,069
Dividend Income -
Movement in Net unrealised loss on financial
assets at fair value through profit or loss (5,101,518)
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 449
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
10. Related Party Transactions (continued)
Cross Holdings (continued)
World Allocation 20/80 Fund held the following investments as at 30 November 2018 and related gains and losses on Funds within the Company
during the period ended 30 November 2018:
Global Short Global Short–Term Global Ultra
Global Core Fixed income Investment Grade Short Fixed World Equity
Equity Fund Fund Fixed Income Fund Income Fund Fund
Fund GBP GBP GBP GBP GBP
Issue of shares 775,843 6,664,009 5,828,199 6,987,022 7,714,444
Redemption of shares (170,338) (1,113,519) (882,767) (606,574) (1,976,266)
Fair value of investment funds 1,431,289 12,700,558 11,241,102 7,010,141 12,939,080
Net realised gain on financial assets at fair value
through profit or loss 38,929 509 97 195 377,735
Dividend Income 22,485 116,641 139,454 91,972 192,714
Movement in Net unrealised loss on financial
assets at fair value through profit or loss (13,851) (143,580) (195,609) (70,071) (441,775)
World Allocation 40/60 Fund held the following investments as at 30 November 2018 and related gains and losses on Funds within the Company
during the financial year ended 30 November 2018:
Global
Short–Term
Global Short Investment Global Ultra
Global Core Fixed Income Grade Fixed Income Global Targeted Short Fixed World Equity
Equity Fund Fund Fund Value Fund Income Fund Fund
Fund GBP GBP GBP GBP GBP GBP
Issue of shares 25,475,721 30,409,817 20,231,307 6,784,794 19,458,760 29,431,122
Redemption of shares (296,908) (3,019,293) (1,770,903) (1,721,174) (1,722,182) (1,597,804)
Fair value of investment funds 81,373,760 91,885,081 60,977,123 19,099,069 60,915,536 92,571,207
Net realised gain on financial assets at fair value
through profit or loss 113,503 1,314 1,212 612,009 2,650 584,689
Dividend Income 1,317,487 899,691 811,591 232,433 845,062 1,426,849
Movement in Net unrealised gain/(loss) on
financial assets at fair value through profit or loss 1,344,456 (1,190,840) (1,180,699) (1,280,407) (691,938) (937,955)
World Allocation 60/40 Fund held the following investments as at 30 November 2018 and related gains and losses on Funds within the Company
during the financial year ended 30 November 2018:
Global
Short–Term
Global Short Investment Global Ultra
Global Core Fixed Income Grade Fixed Global Targeted Short Fixed World Equity
Equity Fund Fund Income Fund Value Fund Income Fund Fund
Fund GBP GBP GBP GBP GBP GBP
Issue of shares 44,654,689 140,724,372 37,925,274 22,624,914 13,993,341 48,670,978
Redemption of shares (633,693) (6,564,220) (6,213,609) (1,851,811) (1,393,536) (633,693)
Fair value of investment funds 167,665,211 167,210,191 111,082,360 73,782,381 46,181,284 167,309,341
Net realised gain on financial assets at fair value
through profit or loss 262,274 2,749 1,090 644,449 2,031 248,931
Dividend Income 2,757,742 1,298,558 1,498,852 911,486 647,717 2,598,590
Movement in Net unrealised gain/(loss) on
financial assets at fair value through profit or loss 3,262,267 (931,607) (2,172,105) (3,410,209) (529,692) (1,001,996)
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 450
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
10. Related Party Transactions (continued)
Cross Holdings (continued)
World Allocation 80/20 Fund held the following investments as at 30 November 2018 and related gains and losses on Funds within the Company
during the financial year ended 30 November 2018:
Global Short–Term
Global Core Global Short Fixed Investment Grade Global Targeted World Equity
Equity Fund Income Fund Fixed Income Fund Value Fund Fund
Fund GBP GBP GBP GBP GBP
Issue of shares 13,395,659 17,109,172 8,435,382 14,847,120 14,090,436
Redemption of shares (602,830) (400,372) (1,021,504) (576,098) (602,830)
Fair value of investment funds 30,065,148 16,664,332 16,628,893 29,055,245 30,000,727
Net realised gain/(loss) on financial assets at fair
value through profit or loss 162,756 169 (58) 163,066 179,625
Dividend Income 484,914 118,090 216,473 347,672 458,200
Movement in Net unrealised gain/(loss) on
financial assets at fair value through profit or loss 310,146 (44,637) (300,373) (1,565,667) (446,994)
Global Sustainability Core Equity Fund held the following investments as at 30 November 2017 and related gains and losses on Funds within the
Company during the financial year ended 30 November 2017:
Global Small
Companies Fund
Fund USD
Issue of shares 12,377,421
Redemption of shares –
Fair value of investment funds 33,378,650
Net realised gain/(loss) in on financial assets at
fair value through profit or loss –
Dividend Income 367,459
Movement in Net unrealised gain on financial
assets at fair value through profit or loss 4,450,939
World Allocation 20/80 Fund held the following investments as at 30 November 2017 and related gains and losses on Funds within the Company
during the period ended 30 November 2017:
Global Short Global Short–Term Global Ultra
Global Core Fixed income Investment Grade Short Fixed World Equity
Equity Fund Fund Fixed Income Fund Income Fund Fund
Fund GBP GBP GBP GBP GBP
Issue of shares 580,146 5,766,775 5,165,316 709,492 5,436,800
Redemption of shares (48,978) (453,275) (433,585) (5,671) (640,554)
Fair value of investment funds 800,706 7,293,139 6,491,183 699,568 7,264,941
Net realised gain on financial assets at fair value
through profit or loss 13,947 2,673 2,651 – 183,773
Dividend Income 11,310 106,142 93,215 4,098 94,588
Movement in Net unrealised gain/(loss) on
financial assets at fair value through profit or loss 31,416 (69,276) (58,329) (4,253) 252,674
World Allocation 40/60 Fund held the following investments as at 30 November 2017 and related gains and losses on Funds within the Company
during the financial year ended 30 November 2017:
Global
Short–Term
Global Short Investment Global Ultra
Global Core Fixed Income Grade Fixed Income Global Targeted Short Fixed World Equity
Equity Fund Fund Fund Value Fund Income Fund Fund
Fund GBP GBP GBP GBP GBP GBP
Issue of shares 21,916,304 35,370,420 19,347,970 5,745,339 27,513,186 23,007,491
Redemption of shares (548,230) (548,615) (438,892) (2,681,290) (21,038,263) (658,339)
Fair value of investment funds 54,736,988 65,684,083 43,696,206 14,703,847 43,868,246 65,091,155
Net realised gain/(loss) on financial assets at fair
value through profit or loss 188,920 12,114 2,194 898,037 (42,416) 211,093
Dividend Income 808,079 949,342 666,873 135,462 482,675 874,338
Movement in Net unrealised gain/(loss) on
financial assets at fair value through profit or loss 4,064,790 (567,998) (321,783) 194,990 (448,193) 5,338,992
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 451
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
10. Related Party Transactions (continued)
Cross Holdings (continued)
World Allocation 60/40 Fund held the following investments as at 30 November 2017 and related gains and losses on Funds within the Company
during the financial year ended 30 November 2017:
Global
Short–Term
Global Short Investment Global Ultra
Global Core Fixed Income Grade Fixed Global Targeted Short Fixed World Equity
Equity Fund Fund Income Fund Value Fund Income Fund Fund
Fund GBP GBP GBP GBP GBP GBP
Issue of shares 38,935,369 14,084,783 33,842,566 21,348,596 21,161,420 38,179,858
Redemption of shares (1,521,261) (422,573) (1,014,174) (13,839,820) (19,684,388) (1,521,261)
Fair value of investment funds 120,119,674 33,978,897 81,541,711 55,775,037 34,109,140 120,025,121
Net realised gain/(loss) on financial assets at fair
value through profit or loss 538,717 4,205 7,699 4,616,563 (47,614) 514,921
Dividend Income 1,757,835 526,650 1,245,522 523,642 386,786 1,613,880
Movement in Net unrealised gain/(loss) on
financial assets at fair value through profit or loss 9,355,160 (267,292) (586,808) (196,410) (343,864) 9,871,119
World Allocation 80/20 Fund held the following investments as at 30 November 2017 and related gains and losses on Funds within the Company
during the financial year ended 30 November 2017:
Global Short–Term
Global Core Investment Grade Global Targeted World Equity
Equity Fund Fixed Income Fund Value Fund Fund
Fund GBP GBP GBP GBP
Issue of shares 10,530,347 6,691,526 10,517,829 10,463,509
Redemption of shares (558,154) (387,109) (613,671) (588,995)
Fair value of investment funds 16,799,417 9,515,447 16,186,823 16,780,490
Net realised gain on financial assets at fair value
through profit or loss 146,130 2,161 172,346 167,527
Dividend Income 235,501 134,957 147,008 216,922
Movement in Net unrealised gain/(loss) on
financial assets at fair value through profit or loss 818,727 (82,727) 580,297 860,510
There have been no other related party transactions for the year under review.
11. Risk Management The Investment Manager has appointed Dimensional Fund Advisors
The requirement of FRS 102 is to provide information about the LP, DFA Australia Limited, Dimensional Fund Advisors Pte. Ltd. and
Company’s exposure to material risk and to disclose the Company’s Dimensional Japan Ltd. as Investment Sub-Advisors to provide
policies to manage these risks. investment advisory and investment management services to the
Investment Manager.
The management of financial instruments is fundamental to the
Company’s business. The Directors have appointed Dimensional a) Market Risk
Fund Advisors Ltd. as Investment Manager to each Fund. The The investments of a Fund are subject to normal capital market
Company has been established for the purpose of investing in fluctuations and to the risks inherent in investment in international
transferable securities in accordance with the UCITS Regulations. securities markets, there can be no assurances that capital
appreciation or preservation will occur.
The Investment Manager has responsibility for investing and
managing the assets of the Funds according to their investment The Company is exposed to market risk, credit risk and liquidity
objectives, investments guidelines approved by the Board and risk. Market risk includes market price risk, currency risk, interest
policies set forth in the Prospectus and in accordance with the UCITS risk and other price risk.
Regulations. The investment objective for each Fund is outlined in the
Principal Activities and Review of the Business section of the
Directors' Report in the Annual Report.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 452
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
11. Risk Management (continued) i) Market Price Risk
a) Market Risk (continued) Market price risk is the risk that the fair value of future cash
Investment decisions for all Funds are made by the Investment flows of financial instruments will fluctuate because of
Committee of the Investment Manager. The Investment changes in market prices.
Committee meets on a regular basis and also as needed to
consider investment issues. The Investment Committee is The maximum price risk resulting from the ownership of
composed of certain officers and Directors of the Investment financial instruments is determined by the fair value of
Manager and its parent. The Investment Committee maintains financial instruments. The Investment Manager may consider
and monitors a list of eligible brokers and dealers to effect the asset allocation of the portfolios in order to diversify the
securities transactions. risk associated with individual countries, industry sectors or
securities while continuing to follow each Fund’s investment
The Investment Manager is responsible for determining those objective. Market price risk is managed by the Investment
securities which are eligible for purchase and sale by those Manager through a careful selection of securities within
Funds and may delegate this task to the Investment Sub- specified limits and investment mandates. The Investment
Advisors. Committee of the Investment Manager reviews the
appropriateness and accuracy of the methods used in fair
The overall market positions are monitored on a quarterly basis valuing securities on a monthly basis.
by the Board of Directors.
The exposure to market price risk is illustrated within the
Global exposure Portfolios of Investments.
In accordance with the UCITS Regulations issued by the Central
Bank of Ireland (“the Central Bank”), the Investment Manager is Each Fund’s market price risk is monitored, but not managed,
required to employ a risk management process to monitor the relative to an index. The following tables set out a
exposure to the Funds from derivatives. The Central Bank comparative index for each Fund and quantifies the estimated
requires exposure to be measured in one of two ways, either impact to the value of the NAV for each Fund based on
using the Commitment Approach or Value at Risk (“VaR”). positive and negative movements in the comparable index
using Beta for the Equity Funds and duration for the Fixed
During the financial year, the Commitment Approach was used Income Funds.
for all Funds. The Commitment Approach is a methodology that
aggregates the underlying market or notional values of Beta is a measure of the Fund’s securities volatility in relation
derivatives to determine the exposure of the Fund to derivatives. to the market or index. Duration is a measure of the Fund's
securities volatility in relation to movement in interest rates,
In accordance with the UCITS Regulations, exposure to expressed in years. Please refer to the table in note 11 (a) (iii)
derivatives for Funds which use the Commitment Approach must on pages 470 and 471 for details of the Fixed Income Funds'
not exceed 100% of the Funds’ NAV. weighted average years to maturity.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 453
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
11. Risk Management (continued)
a) Market Risk (continued)
i) Market Price Risk (continued)
Impact on Net Asset Value
As at 30 November 2018 due to movement in Prices
Fund Index Currency Beta Positive 5% Negative 5%
Emerging Market Large Cap Core Equity Fund MSCI Emerging Markets Index (net dividends) USD 1.00 5.01% (5.01)%
Emerging Markets Value Fund MSCI Emerging Markets Value Index (net dividends) USD 1.09 5.46% (5.46)%
European Small Companies Fund MSCI Europe Small Cap Index (net dividends) EUR 0.92 4.58% (4.58)%
European Value Fund MSCI Europe Large Cap Value Index (net dividends) EUR 1.06 5.28% (5.28)%
Global Core Equity Fund MSCI World Index (net dividends) USD 1.05 5.23% (5.23)%
Global Small Companies Fund MSCI World Small Cap Index (net dividends) USD 0.98 4.90% (4.90)%
Global Sustainability Core Equity Fund MSCI World Index (net dividends) USD 0.99 4.93% (4.93)%
Global Targeted Value Fund MSCI World SMID Value Index (net dividends) USD 1.08 5.38% (5.38)%
Global Value Fund MSCI World Value Index (EUR, net dividends) USD 1.14 5.68% (5.68)%
Pacific Basin Small Companies Fund MSCI Pacific Small-Cap Index (net dividends) USD 0.97 4.87% (4.87)%
U.S. Core Equity Fund Russell 3000 Index (net dividends) USD 1.05 5.27% (5.27)%
U.S. Small Companies Fund Russell 2000 Index (net of tax) USD 1.01 5.05% (5.05)%
World Allocation 20/80 Fund 20% MSCI ACWI 80% Citi WGBI 1-5 Years (GBP, net dividends) GBP 1.02 5.11% (5.11)%
World Allocation 40/60 Fund 40% MSCI ACWI 60% Citi WGBI 1-5 Years (GBP, net dividends) GBP 1.06 5.30% (5.30)%
World Allocation 60/40 Fund 60% MSCI ACWI 40% Citi WGBI 1-5 Years (GBP, net dividends) GBP 1.03 5.13% (5.13)%
World Allocation 80/20 Fund 80% MSCI ACWI 20% Citi WGBI 1-5 Years (GBP, net dividends) GBP 0.95 4.76% (4.76)%
World Equity Fund MSCI All Country World Index (GBP, net dividends) GBP 1.00 4.99% (4.99)%
Impact on Net Asset Value
As at 30 November 2018 due to movement in Interest Rates
Fund Index Currency Positive 1% Negative 1%
Euro Inflation Linked Intermediate Duration Fixed Income Fund Barclays Capital France Government EMU HICP Linked 5-15 Year Bond EUR (9.50)% 9.50%
Global Short Fixed Income Fund Citigroup WGBI Currency Hedged 1-5 Years EUR EUR (3.70)% 3.80%
Global Short-Term Investment Grade Fixed Income Fund Barclays Global Credit 1-5 Years Index Hedged to USD GBP (2.80)% 2.90%
Global Ultra Short Fixed Income Fund GBP One Month Libor EUR (0.80)% 0.80%
Sterling Inflation Linked Intermediate Duration Fixed Income
Fund Barclays UK Government Inflation-Linked Bond Index 5-15 Years GBP (9.60)% 9.60%
Impact on Net Asset Value
As at 30 November 2017 due to movement in Prices
Fund Index Currency Beta Positive 5% Negative 5%
Emerging Markets Large Cap Value Fund MSCI Emerging Markets Index (net dividends) USD 0.99 4.95% (4.95)%
Emerging Markets Value Fund MSCI Emerging Markets Value Index (net dividends) USD 1.09 5.47% (5.47)%
European Small Companies Fund MSCI Europe Small Cap Index (net dividends) EUR 0.92 4.58% (4.58)%
European Value Fund MSCI Europe Large Cap Value Index (net dividends) EUR 1.06 5.30% (5.30)%
Global Core Equity Fund MSCI World Index (net dividends) USD 1.05 5.24% (5.24)%
Global Small Companies Fund MSCI World Small Cap Index (net dividends) USD 0.98 4.90% (4.90)%
Global Sustainability Core Equity Fund MSCI World Index (net dividends) USD 0.98 4.92% (4.92)%
Global Targeted Value Fund MSCI World SMID Value Index (net dividends) USD 1.07 5.37% (5.37)%
Global Value Fund MSCI World Value Index (EUR, net dividends) USD 1.12 5.59% (5.59)%
Pacific Basin Small Companies Fund MSCI Pacific Small-Cap Index (net dividends) USD 0.97 4.84% (4.84)%
U.S. Core Equity Fund Russell 3000 Index (net dividends) USD 1.09 5.43% (5.43)%
U.S. Small Companies Fund Russell 2000 Index (net of tax) USD 1.01 5.06% (5.06)%
World Allocation 20/80 Fund 20% MSCI ACWI 80% Citi WGBI 1-5 Years (GBP, net dividends) GBP 0.96 4.78% (4.78)%
World Allocation 40/60 Fund 40% MSCI ACWI 60% Citi WGBI 1-5 Years (GBP, net dividends) GBP 1.06 5.28% (5.28)%
World Allocation 60/40 Fund 60% MSCI ACWI 40% Citi WGBI 1-5 Years (GBP, net dividends) GBP 1.02 5.09% (5.09)%
World Allocation 80/20 Fund 80% MSCI ACWI 20% Citi WGBI 1-5 Years (GBP, net dividends) GBP 0.88 4.39% (4.39)%
World Equity Fund MSCI All Country World Index (GBP, net dividends) GBP 0.99 4.96% (4.96)%
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 454
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
11. Risk Management (continued)
a) Market Risk (continued)
i) Market Price Risk (continued)
Impact on Net Asset Value
As at 30 November 2017 due to movement in Interest Rates
Fund Index Currency Positive 1% Negative 1%
Euro Inflation Linked Intermediate Duration Fixed Income Fund Barclays Capital France Government EMU HICP Linked 5-15 Years Bond
Index/Barclays Capital German Government Inflation Linked 5-15 Years
Index EUR (8.50)% 8.50%
Global Short Fixed Income Fund Citigroup WGBI Currency Hedged 1-5 Years EUR EUR (3.80)% 3.80%
Global Short-Term Investment Grade Fixed Income Fund Barclays Global Credit 1-5 Years Index Hedged to USD GBP (2.93)% 2.93%
Global Ultra Short Fixed Income Fund GBP One Month Libor EUR (0.95)% 0.95%
Sterling Inflation Linked Intermediate Duration Fixed Income
Fund Barclays UK Government Inflation-Linked Bond Index 5-15 Years GBP (8.89)% 8.91%
Sensitivity analysis as presented in these financial statements Foreign investments may also subject the Funds to foreign
is subject to limitations for example: government exchange restrictions, expropriation, taxation, or
other political, social or economic developments, all of which
• the sensitivities are based on historical data and could affect the market and/or credit risk of the investments.
cannot take account of the fact that future market price
movements and future performance, correlations A Fund may ‘cross-hedge’ on foreign currency exposure by
between markets and levels of market liquidity in selling a related foreign currency into the functional currency of
conditions of market stress may bear no relation to the Fund. The Investment Manager does not actively manage
historical patterns; the currency exposure of the equity Funds.
• the market price risk information is a relative estimate
of risk rather than a precise and accurate number; Euro Inflation Linked Intermediate Duration Fixed Income
• the market price information represents a hypothetical Fund, U.S. Core Equity Fund, U.S. Small Companies Fund,
outcome and is not intended to be predictive; and Sterling Inflation Linked Intermediate Duration Fixed Income
• future market conditions could vary significantly from Fund, World Allocation 20/80 Fund, World Allocation 40/60
those experienced. Fund, World Allocation 60/40 Fund and World Allocation 80/20
Fund have only base currency denominated investments and
ii) Foreign Currency Risk as such are not exposed to the significant fluctuations in
Since securities may be denominated in a foreign currency currency exchange rates. Global Core Equity Fund, Global
and may require settlement in foreign currencies and pay Short Fixed Income Fund, Global Short-Term Investment
interest and/or a dividend in foreign currencies, changes in the Grade Fixed Income Fund, Global Ultra Short Fixed Income
relationship of these foreign currencies to the functional Fund, Global Value Fund, World Allocation 20/80 Fund, World
currency in respect of the Funds can significantly affect the Allocation 40/60 Fund, World Allocation 60/40 Fund and World
value of the investments and earnings of the Funds. Monetary Allocation 80/20 Fund held forward contracts as at 30
assets and liabilities denominated in foreign currencies are November 2018 as disclosed in the Portfolio of Investments.
translated to the functional currency of each Fund at the
All assets and liabilities held by the Funds are monetary
foreign currency closing exchange rate ruling at the Statement
assets and liabilities except for investments in equity type
of Financial Position date. Foreign currency exchange
instruments which are defined as non-monetary assets under
differences arising on translation and realised gains and
FRS 102.
losses on disposals or settlements of monetary assets and
liabilities are recognised in the Statement of Comprehensive
Income. Non-monetary assets and liabilities denominated in
foreign currencies that are measured at fair value are
translated to the functional currency of each Fund at the
foreign currency exchange rates ruling at the dates that the
values were determined.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 455
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
11. Risk Management (continued)
a) Market Risk (continued)
ii) Foreign Currency Risk (continued)
The Funds’ currency exposure, for monetary and non-monetary assets and liabilities, as at 30 November 2018 was as follows:
Emerging Markets Large Cap Core Equity Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency USD USD USD
Brazilian Real 32,370,034 – 32,370,034
Chilean Peso 2,254,280 – 2,254,280
Colombian Peso 1,727,301 – 1,727,301
Czech Koruna 853,861 – 853,861
Euro 18,808,293 – 18,808,293
Hong Kong Dollar 114,962,046 – 114,962,046
Hungarian Forint 1,558,711 – 1,558,711
Indonesian Rupiah 9,932,887 – 9,932,887
Malaysian Ringgit 9,512,706 – 9,512,706
Mexican Peso 10,305,394 – 10,305,394
Philippines Peso 4,570,209 – 4,570,209
Polish Zloty 5,801,892 – 5,801,892
Pound Sterling 46,589 – 46,589
Singapore Dollar 256,762 – 256,762
South African Rand 20,606,340 – 20,606,340
South Korean Won 59,538,531 – 59,538,531
Taiwan Dollar 51,080,089 – 51,080,089
Thai Baht 12,239,034 – 12,239,034
Turkish Lira 3,643,359 – 3,643,359
United States Dollar 59,142,629 – 59,142,629
Total 419,210,947 – 419,210,947
Emerging Markets Value Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency USD USD USD
Brazilian Real 149,919,317 – 149,919,317
Chilean Peso 20,925,885 – 20,925,885
Chinese Renminbi 337 – 337
Colombian Peso 7,659,010 – 7,659,010
Czech Koruna 4,602,561 – 4,602,561
Euro (2,758,905) – (2,758,905)
Hong Kong Dollar 330,349,690 – 330,349,690
Hungarian Forint 5,249,036 – 5,249,036
Indian Rupee 260,686,880 – 260,686,880
Indonesian Rupiah 46,434,111 – 46,434,111
Israeli Shekel 5 – 5
Japanese Yen (221,342) – (221,342)
Malaysian Ringgit 53,466,870 – 53,466,870
Mexican Peso 46,498,977 – 46,498,977
Philippines Peso 21,746,010 – 21,746,010
Polish Zloty 28,932,939 – 28,932,939
Pound Sterling (2,741,446) – (2,741,446)
South African Rand 122,312,137 – 122,312,137
South Korean Won 298,484,344 – 298,484,344
Swedish Krona 67,907 – 67,907
Taiwan Dollar 303,496,559 – 303,496,559
Thai Baht 52,764,847 – 52,764,847
Turkish Lira 21,291,921 – 21,291,921
United States Dollar 155,184,780 – 155,184,780
Total 1,924,352,430 – 1,924,352,430
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 456
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
11. Risk Management (continued)
a) Market Risk (continued)
ii) Foreign Currency Risk (continued)
Euro Inflation Linked Intermediate
Duration Fixed Income Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency EUR EUR EUR
Euro 33,018,539 – 33,018,539
United States Dollar 13 – 13
Total 33,018,552 – 33,018,552
European Small Companies Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency EUR EUR EUR
Danish Krone 6,242,169 – 6,242,169
Euro 84,726,227 – 84,726,227
Norwegian Krone 3,292,994 – 3,292,994
Pound Sterling 54,873,962 – 54,873,962
Swedish Krona 10,635,839 – 10,635,839
Swiss Franc 14,673,938 – 14,673,938
United States Dollar 425,746 – 425,746
Total 174,870,875 – 174,870,875
European Value Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency EUR EUR EUR
Danish Krone 2,446,512 – 2,446,512
Euro 50,401,197 – 50,401,197
Norwegian Krone 1,382,989 – 1,382,989
Pound Sterling 27,985,980 – 27,985,980
Swedish Krona 4,656,999 – 4,656,999
Swiss Franc 14,302,833 – 14,302,833
United States Dollar 136,906 – 136,906
Total 101,313,416 – 101,313,416
Global Core Equity Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency USD USD USD
Australian Dollar 74,589,352 (502,915) 74,086,437
Canadian Dollar 100,654,306 – 100,654,306
Danish Krone 18,458,450 – 18,458,450
Euro 304,070,592 15,786,091 319,856,683
Hong Kong Dollar 34,225,854 – 34,225,854
Israeli Shekel 7,284,518 – 7,284,518
Japanese Yen 284,915,875 (1,729,716) 283,186,159
New Zealand Dollar 5,108,297 – 5,108,297
Norwegian Krone 10,473,954 – 10,473,954
Pound Sterling 162,302,646 (1,106,828) 161,195,818
Singapore Dollar 20,153,684 – 20,153,684
Swedish Krona 30,130,706 – 30,130,706
Swiss Franc 73,949,932 – 73,949,932
United States Dollar 1,901,023,618 (12,562,449) 1,888,461,169
Total 3,027,341,784 (115,817) 3,027,225,967
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 457
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
11. Risk Management (continued)
a) Market Risk (continued)
ii) Foreign Currency Risk (continued)
Global Short Fixed Income Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency EUR EUR EUR
Australian Dollar 20,982 – 20,982
Canadian Dollar 253,732,168 (251,991,892) 1,740,276
Danish Krone 4,368,933 (4,364,785) 4,148
Euro 1,431,806,931 (442,470,834) 989,336,097
Japanese Yen (142,933) 979,504,460 979,361,527
New Zealand Dollar 9 – 9
Norwegian Krone 49,892,644 (29,510,559) 20,382,085
Pound Sterling 66,803,517 302,492,606 369,296,123
Singapore Dollar 294,875 12,805,866 13,100,741
Swedish Krona 153,702,321 (131,370,246) 22,332,075
Swiss Franc (288,408) 33,611,590 33,323,182
United States Dollar 559,049,623 (461,470,935) 97,578,688
Total 2,519,240,662 7,235,271 2,526,475,933
Global Short–Term Investment Grade Fixed Income Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency USD USD USD
Canadian Dollar 14,523,100 (14,445,775) 77,325
Euro 398,314,900 (35,911,960) 362,402,940
Japanese Yen (11,938) 6,841,856 6,829,918
New Zealand Dollar 413 – 413
Norwegian Krone 7,838,447 (7,823,911) 14,536
Pound Sterling 74,262,320 593,204,808 667,467,128
Singapore Dollar 7,242,854 7,369,432 14,612,286
Swedish Krona 52,077,112 (37,637,688) 14,439,424
Swiss Franc (205,489) 15,683,299 15,477,810
United States Dollar 548,413,553 (531,138,335) 17,275,218
Total 1,102,455,272 (3,858,274) 1,098,596,998
Global Small Companies Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency USD USD USD
Australian Dollar 13,235,514 – 13,235,514
Canadian Dollar 17,492,922 – 17,492,922
Danish Krone 3,586,329 – 3,586,329
Euro 49,223,094 – 49,223,094
Hong Kong Dollar 5,002,059 – 5,002,059
Israeli Shekel 2,544,405 – 2,544,405
Japanese Yen 48,093,325 – 48,093,325
New Zealand Dollar 1,712,684 – 1,712,684
Norwegian Krone 1,825,007 – 1,825,007
Pound Sterling 32,164,531 – 32,164,531
Singapore Dollar 3,095,604 – 3,095,604
Swedish Krona 5,968,043 – 5,968,043
Swiss Franc 8,810,963 – 8,810,963
United States Dollar 333,744,162 – 333,744,162
Total 526,498,642 – 526,498,642
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 458
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
11. Risk Management (continued)
a) Market Risk (continued)
ii) Foreign Currency Risk (continued)
Global Sustainability Core Equity Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency USD USD USD
Australian Dollar 4,747,474 – 4,747,474
Canadian Dollar 6,945,676 – 6,945,676
Danish Krone 1,987,436 – 1,987,436
Euro 25,394,823 – 25,394,823
Hong Kong Dollar 2,169,490 – 2,169,490
Israeli Shekel 428,142 – 428,142
Japanese Yen 21,775,238 – 21,775,238
New Zealand Dollar 365,136 – 365,136
Norwegian Krone 729,291 – 729,291
Pound Sterling 11,702,871 – 11,702,871
Singapore Dollar 985,609 – 985,609
Swedish Krona 2,863,897 – 2,863,897
Swiss Franc 6,368,927 – 6,368,927
United States Dollar 155,243,878 – 155,243,878
Total 241,707,888 – 241,707,888
Global Targeted Value Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency USD USD USD
Australian Dollar 74,504,939 – 74,504,939
Canadian Dollar 85,209,478 – 85,209,478
Danish Krone 20,109,379 – 20,109,379
Euro 267,684,391 – 267,684,391
Hong Kong Dollar 28,528,168 – 28,528,168
Israeli Shekel 6,855,178 – 6,855,178
Japanese Yen 271,703,675 – 271,703,675
New Zealand Dollar 6,181,351 – 6,181,351
Norwegian Krone 12,084,840 – 12,084,840
Pound Sterling 153,873,261 – 153,873,261
Singapore Dollar 10,169,759 – 10,169,759
Swedish Krona 28,208,466 – 28,208,466
Swiss Franc 47,775,520 – 47,775,520
United States Dollar 1,723,333,801 – 1,723,333,801
Total 2,736,222,206 – 2,736,222,206
Global Ultra Short Fixed Income Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency GBP GBP GBP
Canadian Dollar 155,385,347 (154,820,218) 565,129
Euro 19,504,127 36,405,222 55,909,349
Pound Sterling 64,849,945 607,299,331 672,149,276
Swedish Krona 461,596 (146,269) 315,327
United States Dollar 501,068,507 (497,343,839) 3,724,668
Total 741,269,522 (8,605,773) 732,663,749
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 459
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
11. Risk Management (continued)
a) Market Risk (continued)
ii) Foreign Currency Risk (continued)
Global Value Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency USD USD USD
Australian Dollar 10,057,688 – 10,057,688
Canadian Dollar 13,849,345 – 13,849,345
Danish Krone 2,194,713 – 2,194,713
Euro 48,297,974 – 48,297,974
Hong Kong Dollar 4,886,985 – 4,886,985
Israeli Shekel 494,862 – 494,862
Japanese Yen 36,638,031 51,899 36,689,930
New Zealand Dollar 286,373 – 286,373
Norwegian Krone 1,448,444 – 1,448,444
Pound Sterling 24,213,033 – 24,213,033
Singapore Dollar 1,661,349 – 1,661,349
Swedish Krona 3,955,442 – 3,955,442
Swiss Franc 12,346,692 – 12,346,692
United States Dollar 248,783,389 (52,017) 248,731,372
Total 409,114,320 (118) 409,114,202
Pacific Basin Small Companies Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency USD USD USD
Australian Dollar 14,078,682 – 14,078,682
Canadian Dollar 3 – 3
Euro (3,914) – (3,914)
Hong Kong Dollar 6,678,959 – 6,678,959
Japanese Yen 48,807,607 – 48,807,607
New Zealand Dollar 1,668,963 – 1,668,963
Pound Sterling (376,013) – (376,013)
Singapore Dollar 2,273,783 – 2,273,783
South Korean Won 5,808,170 – 5,808,170
Taiwan Dollar 6,744,773 – 6,744,773
United States Dollar 6,186 – 6,186
Total 85,687,199 – 85,687,199
Sterling Inflation Linked Intermediate Duration Fixed
Income Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency GBP GBP GBP
Euro 1,079 – 1,079
Pound Sterling 750,958,230 – 750,958,230
Total 750,959,309 – 750,959,309
U.S. Core Equity Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency USD USD USD
Euro 249 – 249
United States Dollar 35,119,666 – 35,119,666
Total 35,119,915 – 35,119,915
U.S. Small Companies Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency USD USD USD
Euro 51,455 – 51,455
Pound Sterling (155,845) – (155,845)
United States Dollar 202,078,784 – 202,078,784
Total 201,974,394 – 201,974,394
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 460
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
11. Risk Management (continued)
a) Market Risk (continued)
ii) Foreign Currency Risk (continued)
World Allocation 20/80 Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency GBP GBP GBP
Euro 63,271 17,722,678 17,785,949
Pound Sterling 71,331,163 (17,838,850) 53,492,313
United States Dollar 1,578 286,960 288,538
Total 71,396,012 170,788 71,566,800
World Allocation 40/60 Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency GBP GBP GBP
Euro 155,769 18,893,115 19,048,884
Pound Sterling 516,781,362 (19,837,715) 496,943,647
United States Dollar 38,339 1,156,101 1,194,440
Total 516,975,470 211,501 517,186,971
World Allocation 60/40 Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency GBP GBP GBP
Euro 421,736 16,410,512 16,832,248
Pound Sterling 941,107,160 (17,618,441) 923,488,719
United States Dollar 1,171,439 1,385,055 2,556,494
Total 942,700,335 177,126 942,877,461
World Allocation 80/20 Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency GBP GBP GBP
Euro 622,846 2,908,242 3,531,088
Pound Sterling 167,862,137 (3,108,695) 164,753,442
United States Dollar 71,762 231,593 303,355
Total 168,556,745 31,140 168,587,885
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 461
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
11. Risk Management (continued)
a) Market Risk (continued)
ii) Foreign Currency Risk (continued)
World Equity Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency GBP GBP GBP
Australian Dollar 28,171,874 – 28,171,874
Brazilian Real 12,355,276 – 12,355,276
Canadian Dollar 37,324,117 – 37,324,117
Chilean Peso 1,490,782 – 1,490,782
Chinese Renminbi 769 – 769
Colombian Peso 507,789 – 507,789
Czech Koruna 370,784 – 370,784
Danish Krone 7,286,357 – 7,286,357
Euro 118,921,153 – 118,921,153
Hong Kong Dollar 52,374,935 – 52,374,935
Hungarian Forint 583,547 – 583,547
Indian Rupee 14,820,319 – 14,820,319
Indonesian Rupiah 3,486,862 – 3,486,862
Israeli Shekel 2,857,892 – 2,857,892
Japanese Yen 108,496,108 – 108,496,108
Malaysian Ringgit 3,743,220 – 3,743,220
Mexican Peso 4,655,077 – 4,655,077
New Zealand Dollar 2,381,918 – 2,381,918
Norwegian Krone 4,252,613 – 4,252,613
Philippines Peso 1,534,397 – 1,534,397
Polish Zloty 2,089,725 – 2,089,725
Pound Sterling 63,727,271 – 63,727,271
Singapore Dollar 8,182,419 – 8,182,419
South African Rand 10,500,623 – 10,500,623
South Korean Won 22,732,011 – 22,732,011
Swedish Krona 11,629,373 – 11,629,373
Swiss Franc 25,462,543 – 25,462,543
Taiwan Dollar 21,827,321 – 21,827,321
Thai Baht 4,261,710 – 4,261,710
Turkish Lira 1,545,277 – 1,545,277
United States Dollar 722,537,563 – 722,537,563
Total 1,300,111,625 – 1,300,111,625
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 462
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
11. Risk Management (continued)
a) Market Risk (continued)
ii) Foreign Currency Risk (continued)
The Funds’ currency exposure, for monetary and non–monetary assets and liabilities, as at 30 November 2017 was as follows:
Emerging Markets Large Cap Core Equity Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency USD USD USD
Brazilian Real 28,752,170 – 28,752,170
Chilean Peso 1,514,874 – 1,514,874
Colombian Peso 1,675,772 – 1,675,772
Czech Koruna 1,109,203 – 1,109,203
Euro 2,905 – 2,905
Hong Kong Dollar 127,879,547 – 127,879,547
Hungarian Forint 1,839,847 – 1,839,847
Indonesian Rupiah 12,150,942 – 12,150,942
Malaysian Ringgit 11,386,170 – 11,386,170
Mexican Peso 13,673,810 – 13,673,810
Philippines Peso 5,406,051 – 5,406,051
Polish Zloty 7,115,164 – 7,115,164
Singapore Dollar 13,852 – 13,852
South African Rand 25,045,130 – 25,045,130
South Korean Won 74,943,445 – 74,943,445
Taiwan Dollar 57,796,731 – 57,796,731
Thai Baht 11,672,923 – 11,672,923
Turkish Lira 5,615,975 – 5,615,975
United States Dollar 79,709,405 – 79,709,405
Total 467,303,916 – 467,303,916
Emerging Markets Value Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency USD USD USD
Brazilian Real 132,474,983 – 132,474,983
Chilean Peso 19,137,623 – 19,137,623
Chinese Renminbi 15,991 – 15,991
Colombian Peso 9,867,269 – 9,867,269
Czech Koruna 5,847,995 – 5,847,995
Euro (428,071) – (428,071)
Hong Kong Dollar 321,812,611 – 321,812,611
Hungarian Forint 5,383,317 – 5,383,317
Indian Rupee 255,294,984 – 255,294,984
Indonesian Rupiah 51,760,858 – 51,760,858
Israeli Shekel 6 – 6
Japanese Yen 10,676 – 10,676
Malaysian Ringgit 55,737,897 – 55,737,897
Mexican Peso 64,435,382 – 64,435,382
Philippines Peso 24,889,787 – 24,889,787
Polish Zloty 28,953,293 – 28,953,293
Pound Sterling (2,418,920) – (2,418,920)
South African Rand 134,578,165 – 134,578,165
South Korean Won 316,113,698 – 316,113,698
Swedish Krona 1,879 – 1,879
Taiwan Dollar 329,043,239 – 329,043,239
Thai Baht 57,315,701 – 57,315,701
Turkish Lira 24,023,542 – 24,023,542
United States Dollar 170,953,182 – 170,953,182
Total 2,004,805,087 – 2,004,805,087
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 463
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
11. Risk Management (continued)
a) Market Risk (continued)
ii) Foreign Currency Risk (continued)
Euro Inflation Linked Intermediate
Duration Fixed Income Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency EUR EUR EUR
Euro 21,071,751 – 21,071,751
United States Dollar 13 – 13
Total 21,071,764 – 21,071,764
European Small Companies Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency EUR EUR EUR
Danish Krone 6,158,468 – 6,158,468
Euro 92,439,535 – 92,439,535
Norwegian Krone 2,427,395 – 2,427,395
Pound Sterling 55,660,015 – 55,660,015
Swedish Krona 9,051,766 – 9,051,766
Swiss Franc 15,028,508 – 15,028,508
United States Dollar (3,257) – (3,257)
Total 180,762,430 – 180,762,430
European Value Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency EUR EUR EUR
Danish Krone 2,576,966 – 2,576,966
Euro 45,927,306 – 45,927,306
Norwegian Krone 1,142,945 – 1,142,945
Pound Sterling 25,881,830 – 25,881,830
Swedish Krona 4,365,364 – 4,365,364
Swiss Franc 12,660,767 – 12,660,767
United States Dollar 124,269 – 124,269
Total 92,679,447 – 92,679,447
Global Core Equity Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency USD USD USD
Australian Dollar 67,676,315 (172,303) 67,504,012
Canadian Dollar 88,551,870 – 88,551,870
Danish Krone 17,322,106 – 17,322,106
Euro 286,767,583 5,076,552 291,844,135
Hong Kong Dollar 32,309,641 – 32,309,641
Israeli Shekel 5,928,391 – 5,928,391
Japanese Yen 257,517,826 (613,247) 256,904,579
New Zealand Dollar 4,003,259 – 4,003,259
Norwegian Krone 7,948,502 – 7,948,502
Pound Sterling 155,395,922 (396,110) 154,999,812
Singapore Dollar 14,865,370 – 14,865,370
Swedish Krona 27,937,187 – 27,937,187
Swiss Franc 65,920,944 – 65,920,944
United States Dollar 1,504,570,701 (3,857,611) 1,500,713,090
Total 2,536,715,617 37,281 2,536,752,898
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 464
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
11. Risk Management (continued)
a) Market Risk (continued)
ii) Foreign Currency Risk (continued)
Global Short Fixed Income Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency EUR EUR EUR
Australian Dollar 46,709,421 (46,572,922) 136,499
Canadian Dollar 142,210,684 (141,361,898) 848,786
Euro 514,605,027 413,579,364 928,184,391
Japanese Yen (2,161,810) 996,064,795 993,902,985
New Zealand Dollar 8 – 8
Norwegian Krone (299,335) 19,944,157 19,644,822
Pound Sterling 122,184,356 30,715,184 152,899,540
Singapore Dollar 63,414,536 (61,534,712) 1,879,824
Swedish Krona 60,253,250 (39,672,238) 20,581,012
Swiss Franc (511,405) 32,606,432 32,095,027
United States Dollar 1,290,695,322 (1,195,944,633) 94,750,689
Total 2,237,100,054 7,823,529 2,244,923,583
Global Short–Term Investment Grade Fixed Income Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency USD USD USD
Canadian Dollar 16,558,393 (16,463,698) 94,695
Euro 131,012,154 203,300,377 334,312,531
Japanese Yen (34,035) 11,320,097 11,286,062
New Zealand Dollar 17,457 (17,499) (42)
Pound Sterling 106,638,574 430,323,172 536,961,746
Singapore Dollar 19,338,496 (17,506,411) 1,832,085
Swedish Krona 52,775,839 (36,270,578) 16,505,261
Swiss Franc (227,760) 14,552,069 14,324,309
United States Dollar 599,364,407 (583,393,149) 15,971,258
Total 925,443,525 5,844,380 931,287,905
Global Small Companies Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency USD USD USD
Australian Dollar 16,482,364 – 16,482,364
Canadian Dollar 18,694,826 – 18,694,826
Danish Krone 4,222,217 – 4,222,217
Euro 66,281,501 – 66,281,501
Hong Kong Dollar 6,448,609 – 6,448,609
Israeli Shekel 2,624,036 – 2,624,036
Japanese Yen 59,485,534 – 59,485,534
New Zealand Dollar 2,131,511 – 2,131,511
Norwegian Krone 1,620,447 – 1,620,447
Pound Sterling 39,323,133 – 39,323,133
Singapore Dollar 4,556,607 – 4,556,607
Swedish Krona 6,206,316 – 6,206,316
Swiss Franc 10,005,264 – 10,005,264
United States Dollar 317,466,035 – 317,466,035
Total 555,548,400 – 555,548,400
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 465
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
11. Risk Management (continued)
a) Market Risk (continued)
ii) Foreign Currency Risk (continued)
Global Sustainability Core Equity Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency USD USD USD
Australian Dollar 3,372,612 – 3,372,612
Canadian Dollar 4,866,045 – 4,866,045
Danish Krone 1,348,422 – 1,348,422
Euro 18,251,069 – 18,251,069
Hong Kong Dollar 1,554,212 – 1,554,212
Israeli Shekel 158,826 – 158,826
Japanese Yen 15,522,201 – 15,522,201
New Zealand Dollar 149,504 – 149,504
Norwegian Krone 414,297 – 414,297
Pound Sterling 7,966,393 – 7,966,393
Singapore Dollar 643,293 – 643,293
Swedish Krona 2,315,051 – 2,315,051
Swiss Franc 4,809,877 – 4,809,877
United States Dollar 131,245,742 – 131,245,742
Total 192,617,544 – 192,617,544
Global Targeted Value Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency USD USD USD
Australian Dollar 72,348,702 – 72,348,702
Canadian Dollar 87,778,028 – 87,778,028
Chinese Renminbi 640 – 640
Danish Krone 22,259,840 – 22,259,840
Euro 297,880,221 – 297,880,221
Hong Kong Dollar 33,343,046 – 33,343,046
Israeli Shekel 8,405,476 – 8,405,476
Japanese Yen 289,672,480 – 289,672,480
New Zealand Dollar 5,364,007 – 5,364,007
Norwegian Krone 10,997,065 – 10,997,065
Pound Sterling 164,927,884 – 164,927,884
Singapore Dollar 11,704,373 – 11,704,373
Swedish Krona 24,552,644 – 24,552,644
Swiss Franc 51,808,238 – 51,808,238
United States Dollar 1,529,922,537 – 1,529,922,537
Total 2,610,965,181 – 2,610,965,181
Global Ultra Short Fixed Income Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency GBP GBP GBP
Canadian Dollar 91,020,849 (90,759,671) 261,178
Euro 2,551,580 33,918,610 36,470,190
Pound Sterling (29,741,367) 616,702,461 586,961,094
Singapore Dollar 7,661,789 (7,654,694) 7,095
Swedish Krona 7,843,120 (7,336,816) 506,304
United States Dollar 527,419,532 (527,371,697) 47,835
Total 606,755,503 17,498,193 624,253,696
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 466
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
11. Risk Management (continued)
a) Market Risk (continued)
ii) Foreign Currency Risk (continued)
Global Value Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency USD USD USD
Australian Dollar 7,271,650 – 7,271,650
Canadian Dollar 10,628,624 – 10,628,624
Danish Krone 1,515,457 – 1,515,457
Euro 37,463,396 – 37,463,396
Hong Kong Dollar 3,256,949 – 3,256,949
Israeli Shekel 233,905 – 233,905
Japanese Yen 28,391,543 – 28,391,543
New Zealand Dollar 235,523 – 235,523
Norwegian Krone 1,009,266 – 1,009,266
Pound Sterling 21,255,789 – 21,255,789
Singapore Dollar 1,100,674 – 1,100,674
Swedish Krona 3,104,476 – 3,104,476
Swiss Franc 9,194,971 – 9,194,971
United States Dollar 176,455,800 – 176,455,800
Total 301,118,023 – 301,118,023
Pacific Basin Small Companies Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency USD USD USD
Australian Dollar 13,862,524 – 13,862,524
Canadian Dollar 3 – 3
Euro (37,999) – (37,999)
Hong Kong Dollar 6,409,415 – 6,409,415
Japanese Yen 52,628,717 – 52,628,717
New Zealand Dollar 1,652,932 – 1,652,932
Pound Sterling (319,846) – (319,846)
Singapore Dollar 2,528,530 – 2,528,530
South Korean Won 5,253,604 – 5,253,604
Taiwan Dollar 7,082,179 – 7,082,179
United States Dollar 27,029 – 27,029
Total 89,087,088 – 89,087,088
Sterling Inflation Linked Intermediate Duration Fixed
Income Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency GBP GBP GBP
Euro 1,069 – 1,069
Pound Sterling 687,782,287 – 687,782,287
Total 687,783,356 – 687,783,356
U.S. Core Equity Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency USD USD USD
Euro 262 – 262
United States Dollar 26,907,583 – 26,907,583
Total 26,907,845 – 26,907,845
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 467
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
11. Risk Management (continued)
a) Market Risk (continued)
ii) Foreign Currency Risk (continued)
U.S. Small Companies Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency USD USD USD
Euro (17,845) – (17,845)
Pound Sterling 47,722 – 47,722
United States Dollar 196,831,103 – 196,831,103
Total 196,860,980 – 196,860,980
World Allocation 20/80 Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency GBP GBP GBP
Euro 55,498 7,977,183 8,032,681
Pound Sterling 40,918,955 (8,046,512) 32,872,443
United States Dollar (1) – (1)
Total 40,974,452 (69,329) 40,905,123
World Allocation 40/60 Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency GBP GBP GBP
Euro 87,219 6,598,899 6,686,118
Pound Sterling 368,259,085 (6,655,596) 361,603,489
United States Dollar 17 – 17
Total 368,346,321 (56,697) 368,289,624
World Allocation 60/40 Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency GBP GBP GBP
Euro 91,197 4,991,575 5,082,772
Pound Sterling 685,310,364 (5,033,844) 680,276,520
United States Dollar 67 – 67
Total 685,401,628 (42,269) 685,359,359
World Allocation 80/20 Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency GBP GBP GBP
Euro 83,853 1,244,446 1,328,299
Pound Sterling 95,659,872 (1,254,967) 94,404,905
United States Dollar 71 – 71
Total 95,743,796 (10,521) 95,733,275
World Equity Fund Assets and Liabilities Forward Currency Contracts Net exposure
Currency GBP GBP GBP
Australian Dollar 23,883,961 – 23,883,961
Brazilian Real 9,794,331 – 9,794,331
Canadian Dollar 32,332,043 – 32,332,043
Chilean Peso 1,156,574 – 1,156,574
Chinese Renminbi 775 – 775
Colombian Peso 433,827 – 433,827
Czech Koruna 250,407 – 250,407
Danish Krone 6,577,311 – 6,577,311
Euro 112,350,422 – 112,350,422
Hong Kong Dollar 47,278,177 – 47,278,177
Hungarian Forint 546,723 – 546,723
Indian Rupee 13,995,454 39,772 14,035,226
Indonesian Rupiah 2,982,272 – 2,982,272
Israeli Shekel 2,383,844 – 2,383,844
Japanese Yen 98,864,154 – 98,864,154
Malaysian Ringgit 3,445,846 – 3,445,846
Mexican Peso 4,057,874 – 4,057,874
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 468
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
11. Risk Management (continued)
a) Market Risk (continued)
ii) Foreign Currency Risk (continued)
World Equity Fund (continued) Assets and Liabilities Forward Currency Contracts Net exposure
Currency GBP GBP GBP
New Zealand Dollar 1,951,114 – 1,951,114
Norwegian Krone 3,444,779 – 3,444,779
Philippines Peso 1,336,635 – 1,336,635
Polish Zloty 2,079,272 – 2,079,272
Pound Sterling 60,718,753 – 60,718,753
Singapore Dollar 5,850,998 – 5,850,998
South African Rand 9,656,856 – 9,656,856
South Korean Won 21,746,696 – 21,746,696
Swedish Krona 11,004,997 – 11,004,997
Swiss Franc 22,164,309 – 22,164,309
Taiwan Dollar 20,320,731 – 20,320,731
Thai Baht 3,539,752 – 3,539,752
Turkish Lira 1,632,047 – 1,632,047
United States Dollar 561,671,511 (39,772) 561,631,739
Total 1,087,452,445 – 1,087,452,445
The following tables set out a sensitivity analysis in relation to foreign currency risk and its effect on the NAV of each Fund where foreign currency
risk is deemed significant (greater than 10% of NAV for the Funds exposed to emerging and developing countries and 5% for all other Funds).
Sensitivity analysis is calculated based on +/-10% for the Funds exposed to emerging and developing countries and based on +/-5% on all other
investments and cash. Other net assets/(liabilities) are not significant and are assumed unchanged. All other market parameters have also been
assumed unchanged.
Impact on Net Asset Value due
to movement in foreign exchange
30 November 2018 30 November 2017
Fund Currency Positive 10% Negative 10% Positive 10% Negative 10%
Emerging Markets Large Cap Core Equity Fund Hong Kong Dollar 2.74% (2.74)% 2.74% (2.74)%
South Korean Won 1.42% (1.42)% 1.60% (1.60)%
Taiwan Dollar 1.22% (1.22)% 1.24% (1.24)%
Emerging Markets Value Fund Hong Kong Dollar 1.72% (1.72)% 1.61% (1.61)%
Indian Rupee 1.35% (1.35)% 1.27% (1.27)%
South Korean Won 1.55% (1.55)% 1.58% (1.58)%
Taiwan Dollar 1.58% (1.58)% 1.64% (1.64)%
Impact on Net Asset Value due
to movement in foreign exchange
30 November 2018 30 November 2017
Fund Currency Positive 5% Negative 5% Positive 5% Negative 5%
European Small Companies Fund Pound Sterling 1.57% (1.57)% 1.54% (1.54)%
Swedish Krona 0.30% (0.30)% 0.25% (0.25)%
Swiss Franc 0.42% (0.42)% 0.42% (0.42)%
European Value Fund Pound Sterling 1.38% (1.38)% 1.40% (1.40)%
Swiss Franc 0.71% (0.71)% 0.68% (0.68)%
Global Core Equity Fund Euro 0.53% (0.53)% 0.58% (0.58)%
Japanese Yen 0.47% (0.47)% 0.51% (0.51)%
Pound Sterling 0.27% (0.27)% 0.31% (0.31)%
Global Short Fixed Income Fund Japanese Yen 1.94% (1.94)% 2.21% (2.21)%
Pound Sterling 0.73% (0.73)% 0.34% (0.34)%
Global Short-Term Investment Grade Fixed Income
Fund Euro 1.65% (1.65)% 1.79% (1.79)%
Pound Sterling 3.04% (3.04)% 2.88% (2.88)%
Global Small Companies Fund Euro 0.47% (0.47)% 0.60% (0.60)%
Japanese Yen 0.46% (0.46)% 0.54% (0.54)%
Pound Sterling 0.31% (0.31)% 0.35% (0.35)%
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 469
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
11. Risk Management (continued)
a) Market Risk (continued)
ii) Foreign Currency Risk (continued)
Impact on Net Asset Value due
to movement in foreign exchange
30 November 2018 30 November 2017
Fund Currency Positive 5% Negative 5% Positive 5% Negative 5%
Global Sustainability Core Equity Fund Euro 0.53% (0.53)% 0.47% (0.47)%
Japanese Yen 0.45% (0.45)% 0.40% (0.40)%
Global Targeted Value Fund Euro 0.49% (0.49)% 0.57% (0.57)%
Japanese Yen 0.50% (0.50)% 0.55% (0.55)%
Pound Sterling 0.28% (0.28)% 0.32% (0.32)%
Global Ultra Short Fixed Income Fund Euro 0.38% (0.38)% 0.29% (0.29)%
Global Value Fund Euro 0.59% (0.59)% 0.62% (0.62)%
Japanese Yen 0.45% (0.45)% 0.47% (0.47)%
Pound Sterling 0.30% (0.30)% 0.35% (0.35)%
Pacific Basin Small Companies Fund Australian Dollar 0.82% (0.82)% 0.78% (0.78)%
Hong Kong Dollar 0.39% (0.39)% 0.36% (0.36)%
Japanese Yen 2.85% (2.85)% 2.95% (2.95)%
Taiwan Dollar 0.39% (0.39)% 0.40% (0.40)%
World Allocation 20/80 Fund Euro 1.24% (1.24)% 0.98% (0.98)%
World Equity Fund Euro 0.46% (0.46)% 0.52% (0.52)%
Japanese Yen 0.42% (0.42)% 0.45% (0.45)%
United States Dollar 2.78% (2.78)% 2.58% (2.58)%
Sensitivity analysis set out above, should not be used as an indication of future performance.
iii) Interest Rate Risk The magnitude of these fluctuations will be greater when the
The majority of the Company’s financial assets and financial maturity of the outstanding investments is longer. An increase
liabilities are non-interest bearing, as a result the Company is in interest rates will generally reduce the value of fixed-
not subject to a significant amount of risk due to the income securities, while a decline in interest rates will
fluctuations in the prevailing levels of market interest rates, generally increase the value of fixed-income securities.
except for the Fixed Income Funds which invest in mainly
The interest rate risk in the Fixed Income Funds is managed
debt securities. Any excess cash and cash equivalents are
by (a) limiting the maturity of any individual security to 2 years
invested in short-term market interest rates earning a rate
for Global Ultra Short Fixed Income Fund, 5 years for Global
under Libor or invested in money market funds.
Short Fixed Income Fund and 20 years for Euro Inflation
The fixed-income investments in which a Fund may invest are Linked Intermediate Duration Fixed Income Fund and Sterling
interest rate sensitive and may be subject to price volatility Inflation Linked Intermediate Duration Fixed Income Fund
due to such factors including, but not limited to, changes in and (b) not using leverage.
interest rates, market perception of the creditworthiness of
The estimated impact to the value of the NAV due to
the issuer and general market liquidity.
movement in interest rates has been disclosed in the market
price risk tables on pages 454 and 455.
The weighted average yield to maturity and weighted average years to maturity on fixed income securities held by the Fixed Income Funds as at 30
November 2018 and 30 November 2017 is outlined below:
30 November 2018 30 November 2017
Weighted Average Weighted Average Weighted Average Weighted Average
Currency Yield* Years to Maturity Yield* Years to Maturity
Euro Inflation Linked Intermediate Duration Fixed Income Fund
Euro (0.60)% 10.13 (0.92)% 8.76
Global Short Fixed Income Fund
Euro 1.10% 3.83 (0.18)% 3.86
* Yield is based on real yield which includes adjustments for inflation and not the nominal yield.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 470
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
11. Risk Management (continued)
a) Market Risk (continued)
iii) Interest Rate Risk (continued)
30 November 2018 30 November 2017
Weighted Average Weighted Average Weighted Average Weighted Average
Currency Yield* Years to Maturity Yield* Years to Maturity
Global Short-Term Investment Grade Fixed Income Fund
Euro 2.16% 2.97 2.66% 2.97
Global Ultra Short Fixed Income Fund
Pound Sterling 2.63% 0.82 0.53% 0.98
Sterling Inflation Linked Intermediate Duration Fixed Income Fund
Pound Sterling* (1.89)% 10.23 (1.68)% 9.52
* Yield is based on real yield which includes adjustments for inflation and not the nominal yield.
b) Credit Risk As of 30 November 2018, each of the Fixed Income Funds have
Credit risk is the risk that a counterparty to or issuer of a financial specific exposure to credit risk on the issuer of debt securities in
instrument will fail to discharge an obligation or commitment that which it invests which will vary depending on the issuer’s ability to
it has entered into with the Funds. The Funds are exposed to make principal and interest payments on the obligation. The
credit risk on parties with whom it trades and will also bear the average credit quality of the Fixed Income Funds are outlined in
risk of settlement default. the table below. Each of the Fixed Income Funds can purchase
securities which must have a minimum long term rating as per the
All transactions in exchange traded securities are settled/paid for Funds investment objective. If the long-term rating is not
upon delivery using approved brokers. The risk of default is available, securities must have a minimum short-term rating as
considered minimal, as delivery of securities sold is only made per the investment objectives. The credit ratings are monitored
once the broker has received payment. Payment is made on a daily by the Investment Manager through a ratings update feed
purchase once the securities have been received by the broker in and a news check.
all developed countries. The trade will fail if either party fails to
meet their obligation. In certain emerging markets countries, the
Fund settles with the settlement house one day prior to the
counterparty settlement. However the transaction will still fail if
the counterparty does not settle the transaction.
The credit quality breakdown of the Fixed Income Funds is as follows:
Fund Rating 30 November 2018 30 November 2017
Euro Inflation Linked Intermediate Duration Fixed Income Fund AAA 11.10% 13.48%
AA 88.90% 86.52%
Global Short Fixed Income Fund* AAA 25.81% 25.16%
AA 66.79% 57.40%
A 7.40% 17.44%
Global Short-Term Investment Grade Fixed Income Fund* AAA 10.09% 12.77%
AA 19.08% 18.53%
A 34.88% 38.49%
BBB 35.33% 29.97%
BB 0.62% 0.24%
Global Ultra Short Fixed Income Fund* AAA 13.15% 14.53%
AA 15.79% 31.06%
A 43.27% 30.90%
BBB 27.79% 22.97%
BB - 0.54%
Sterling Inflation Linked Intermediate Duration Fixed Income Fund AA 100% 100.00%
World Allocation 20/80 Fund* AAA 14.46% 11.72%
AA 85.54% 88.28%
* Global Short Fixed Income Fund, Global Short-Term Investment Grade Fixed Income Fund, Global Ultra Short Fixed Income Fund and World Allocation 20/80 Fund are also exposed to counterparty
default on the open forward contracts in which they trade.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 471
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
11. Risk Management (continued) Bankruptcy or insolvency of the Depositary may cause the Funds’
b) Credit Risk (continued) rights with respect to the cash held by the Depositary to be
Transactions involving derivative financial instruments are with delayed or limited. The long term credit rating of the parent
counterparties with whom the Company has master netting company of the Depositary and Sub-Custodian, State Street
agreements which provide for the net settlement for contracts Corporation, as at 30 November 2018 is A1 (30 November 2017:
with the same counterparty in the event of default. The credit risk A1). If the credit quality or financial position of the Depositary
associated with derivative financial assets subject to a master deteriorated significantly the Investment Manager would consider
netting arrangement is eliminated only to the extent that financial moving the custodian relationship to another bank. As at
liabilities due to the same counterparty will be settled after the 30 November 2018 and 30 November 2017 the total amount of
assets are realised. All forward exchange currency contracts are financial assets exposed to credit risk approximates to their
traded with counterparties. Detail of credit risk associated with carrying value in the Statement of Financial Position.
security lending is disclosed in note 4 of these financial
statements. The Company has granted a continuing security interest by way
of a charge over the assets of each Fund to the Depositary and
The Investment Manager's approved list of counterparties is its affiliates, pursuant to the Depositary Agreement dated 27 July
generally limited to the most highly rated and recognised dealers 2016 between the Company, the Depositary and State Street
in their sectors. The Investment Manager performs ongoing Bank and Trust Company, as continuing security for payment,
monitoring of this list. Counterparty/issuer risk is monitored on an discharge and performance of the obligations of the relevant
ongoing basis in the following manner: Fund.
• Approved broker selection - the trading system only permits For efficient portfolio management purposes, each Fund may
trading with approved brokers. New brokers are added, enter into securities lending agreements subject to the conditions
subject to a formal review process that includes a review of and limits set out in the UCITS Regulations.
the broker’s creditworthiness, financial strength, ability to
enter into legally enforceable arrangements and standing in Until the expiry of the security lending transactions, collateral
the financial community. obtained such contracts or transactions:
• Broker monitoring - performed through a variety of ongoing (i) must be marked to market daily;
activities, including the assessment of certain regulatory (ii) must equal or exceed, in value at all times, the value of
filings and financial statements. the amount invested or securities loaned as disclosed in
note 4;
• Measurement and monitoring of counterparty or issuer (iii) must be transferred to the trustee or its agent; and
trade exposure - a daily review of outstanding positions is (iv) immediately be available to the relevant Fund without
performed. recourse to the counterparty in the event of default of that
counterparty.
The risk exposure of a Fund to a counterparty to an Over the
Counter (“OTC”) derivative may not exceed 10% of net assets. The Funds participate in security lending which is executed
through the securities lending agent. As such the Funds are
The Company's Depositary is State Street Custodial Services exposed to an underlying exposure to the credit risk and risk that
(Ireland) Limited. The Depositary has appointed State Street the borrower may default. The Funds benefit from a borrower
Bank and Trust Company (“the Sub-Custodian”) as its global default indemnity provided by State Street Bank and Trust
Sub-Custodian. Company. A list of eligible borrowers is maintained by the
securities lending agent. Minimum credit rating of an eligible
All of the Company’s assets are held by the Depositary and the borrower is AA by Standard & Poors or its equivalent or if loan is
Sub-Custodian. The Company’s non-cash assets are maintained indemnified no minimum rating. If the credit rating falls below the
by the Depositary in segregated accounts so that in the event of minimum credit rating, the securities lending agent can terminate
the Depositary’s insolvency or bankruptcy the Company’s non- the securities lending arrangement.
cash assets are segregated and protected and this further
reduces counterparty risk. While cash held by the Depositary or Collateral is held and monitored by the securities lending agent
any depositary will be identifiable as belonging to the Fund, the with the Depositary undertaking an overview of this on a periodic
Company will be exposed to the credit risk of the Depositary or basis.
any depositary where cash is deposited. In the event of the
insolvency of the Depositary or any depositary, the Company will
be treated as a general creditor of the Depositary or other
depositary in relation to cash holdings of the Company.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 472
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
11. Risk Management (continued) last traded price or quoted mid price depending on the bond type.
c) Liquidity Risk Securities other than bonds which are traded on a regulated
Numerous emerging market countries have recently experienced market will be issued at the last traded prices at the relevant
serious and potentially continuing, economic and political valuation point. When a “readily available market quotation” for a
problems. Stock markets in many emerging countries are security is not available, the Company employs “fair value”
relatively small and risky. Investors are often limited in their methodologies to price securities. As a general principle, fair
investment and divestment activities. value is the price that the Fund might reasonably expect to
receive upon a current sale. The fair valuation process requires
Additional restrictions may be imposed under emergency the Investment Manager or the Investment Manager’s Sub–
conditions. Emerging market securities may decline or fluctuate Advisors to make a determination in good faith as to the value of
because of economic and political actions of emerging market a particular security or group of securities depending on the
governments and less regulated or liquid securities markets. particular facts and circumstances involved. Circumstances in
Investors holding the securities are also exposed to the possibility which a market quotation is not readily available may include,
that an emerging market currency will fluctuate against the base trading suspensions prior to the close of the relevant market;
currency of the relevant Fund. events that unexpectedly close entire markets such as natural
disasters, power blackouts, or similar major events; market
The legislative framework in emerging market countries for the holidays; or volume of trading in a security.
purchase and sale of investments and in relation to the beneficial
interests in those investments may be relatively new and When determining the fair value of a security, the Investment
untested. There can be no assurance regarding how the courts or Manager or the Investment Manager’s Sub–Advisors may
agencies of emerging market countries will react to questions consider all relevant methods, including but not limited to any one
arising from the Funds' investments in such countries and or all of the following pricing methods:
arrangements contemplated in relation thereto.
1. A multiple of earnings;
The Company is exposed to daily cash redemptions of 2. A discount from market of a similar freely traded security;
redeemable shares. It therefore invests the majority of its assets 3. A discounted cash–flow analysis;
in investments that are traded in an active market and can be 4. The book value or a multiple thereof;
readily disposed of; it invests only a limited proportion of its 5. A risk premium/yield analysis;
assets in investments not actively traded on a stock exchange. 6. Yield to maturity; or
The Company’s listed securities are considered readily realisable 7. Fundamental investment analysis.
as they are listed on recognised and established stock
exchanges. The Administrator monitors subscription and Investments measured and reported at fair value are classified
redemption volumes and notifies the Investment Manager of and disclosed in one of the following fair value hierarchy levels
significant movements and unusual trends as appropriate. based on the significance of the inputs used in measuring its fair
value. These levels are the fair value hierarchy levels per FRS
If outstanding redemption requests from shareholders of any 102.
Fund for any dealing day exceed in the aggregate more than 10%
of all the outstanding shares of that Fund, the Directors shall be Level 1 inputs are unadjusted quoted prices in active markets for
entitled at their discretion to refuse to redeem such excess identical assets or liabilities that the reporting entity has the ability
shares. If the Directors refuse to redeem shares for these to access at the valuation date. An active market for the asset or
reasons, the requests for redemption on such date shall be liability is a market in which transactions for the asset or liability
reduced rateably and the Company shall treat the balance of occur with sufficient frequency and volume to provide pricing
such redemption requests as if they were received on each information on an ongoing basis.
subsequent dealing day until all the shares to which the original
request related have been redeemed. Level 2 inputs are inputs other than quoted prices in active
markets included within level 1 that are observable for the asset
d) Fair Value Estimation
or liability, either directly or indirectly. Fair value is determined
The fair value of the financial instruments traded in active markets
through the use of models or other valuation methodologies.
such as publicly traded derivatives and trading securities is based
on quoted market prices at the Statement of Financial Position
date. The quoted market price at the valuation point used for
bonds traded on a regulated market held by the Company can be
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 473
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
11. Risk Management (continued) about how market participants would be expected to value the
d) Fair Value Estimation (continued) asset or liability. Unobservable inputs are developed based on
Level 2 inputs include the following: the best information available in the circumstances, other than
a) Quoted prices for similar assets or liabilities in active markets; market data obtained from sources independent of the Company
b) Quoted prices for identical or similar assets or liabilities in and might include the Company’s own data.
markets that are not active, that is, markets in which there are few
An investment is always categorised as Level 1, 2 or 3 in its
transactions for the asset or liability, the prices are not current, or
entirety. In certain cases, the fair value measurement for an
price quotations vary substantially either over time or among
investment may use a number of different inputs that fall into
market makers, or in which little information is released publicly;
different levels of the fair value hierarchy. In such cases, an
c) Inputs other than quoted prices that are observable for the
investment’s level within the fair value hierarchy is based on the
asset or liability (e.g. interest rate and yield curves observable at
lowest level of input that is significant to the fair value
commonly quoted intervals, volatilities, prepayment speeds, loss
measurement. The assessment of the significance of a particular
severities, credit risks and default rates); and
input to the fair value measurement requires judgment and is
d) Inputs that are derived principally from or corroborated by
specific to the investment.
observable market data by correlation or other means.
The inputs or methodology used for valuing securities are not
Level 3 inputs are unobservable inputs for the asset or liability.
necessarily an indication of the risk associated with investing in
Unobservable inputs reflect the Company’s own assumptions
these securities.
The following tables analyse the fair value hierarchy the Funds’ financial assets and financial liabilities measured at fair value at
30 November 2018 and 30 November 2017. All amounts represent the valuation of securities as presented in the Portfolio of Investments.
Emerging Markets Euro Inflation Linked
Large Cap Core Emerging Markets Intermediate Duration Fixed European Small
Equity Fund Value Fund Income Fund Companies Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
USD USD USD USD EUR EUR EUR EUR
Level 1
Equity Instruments 400,327,863 466,026,417 1,934,072,138 2,011,630,298 – – 175,473,751 180,512,190
Investment Funds 18,760,016 – – – – – – –
Derivative assets held for trading – – – – – – – –
419,087,879 466,026,417 1,934,072,138 2,011,630,298 – – 175,473,751 180,512,190
Level 2
Investment Funds – – – – – – – –
Equity Instruments – 81,408 649,768 1,194,633 – – 20,741 1,056
Bonds and Notes – – – – 32,124,490 20,833,450 – –
Derivative assets held for trading – – – – – – – –
Derivative liabilities held for trading – – – – – – – –
– 81,408 649,768 1,194,633 32,124,490 20,833,450 20,741 1,056
Total 419,087,879 466,107,825 1,934,721,906 2,012,824,931 32,124,490 20,833,450 175,494,492 180,513,246
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 474
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
11. Risk Management (continued)
d) Fair Value Estimation (continued)
Global Short-Term
European Global Core Global Short Fixed Investment Grade
Value Fund Equity Fund Income Fund Fixed Income Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
EUR EUR USD USD EUR EUR USD USD
Level 1
Equity Instruments 101,908,554 92,650,590 3,026,987,840 2,531,892,355 – – – –
Investment Funds – – – – – – – –
Derivative assets held for trading – – – – – – – –
101,908,554 92,650,590 3,026,987,840 2,531,892,355 – – – –
Level 2
Investment Funds – – – – – – – –
Equity Instruments – – 172,824 124,477 – – – –
Bonds and Notes – – – – 2,511,053,416 2,219,645,380 1,081,464,437 906,618,719
Derivative assets held for trading – – 11,333 44,750 14,659,304 27,455,666 10,758,373 12,731,967
Derivative liabilities held for trading – – (127,150) (7,469) (7,424,033) (19,632,137) (14,616,647) (6,887,587)
– – 57,007 161,758 2,518,288,687 2,227,468,909 1,077,606,163 912,463,099
Total 101,908,554 92,650,590 3,027,044,847 2,532,054,113 2,518,288,687 2,227,468,909 1,077,606,163 912,463,099
Global Small Global Sustainability Global Targeted Global Ultra Short
Companies Fund Core Equity Fund Value Fund Fixed Income Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
USD USD USD USD USD USD GBP GBP
Level 1
Equity Instruments 524,903,758 553,366,842 240,708,645 157,663,423 2,730,972,808 2,596,504,411 – –
Investment Funds – – – – – – – –
Derivative assets held for trading – – – – – – – –
524,903,758 553,366,842 240,708,645 157,663,423 2,730,972,808 2,596,504,411 – –
Level 2
Investment Funds – – – 33,378,650 – – – –
Equity Instruments 207,581 160,488 – 540 660,011 350,492 – –
Bonds and Notes – – – – – – 706,487,147 595,284,157
Derivative assets held for trading – – – – – – 899,051 19,696,172
Derivative liabilities held for trading – – – – – – (9,504,824) (2,197,979)
207,581 160,488 – 33,379,190 660,011 350,492 697,881,374 612,782,350
Total 525,111,339 553,527,330 240,708,645 191,042,613 2,731,632,819 2,596,854,903 697,881,374 612,782,350
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 475
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
11. Risk Management (continued)
d) Fair Value Estimation (continued)
Sterling Inflation Linked
Global Value Pacific Basin Small Intermediate Duration Fixed U.S. Core Equity
Fund Companies Fund Income Fund Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
USD USD USD USD GBP GBP USD USD
Level 1
Equity Instruments 405,374,475 298,571,100 85,526,735 88,680,092 – – 34,877,967 26,838,544
Investment Funds – – – – – – – –
Derivative assets held for trading – – – – – – – –
405,374,475 298,571,100 85,526,735 88,680,092 – – 34,877,967 26,838,544
Level 2
Investment Funds – – – – – – – –
Equity Instruments – – 158,833 160,378 – – 71 1,348
Bonds and Notes – – – – 752,816,300 684,299,282 – –
Derivative assets held for trading – – – – – – – –
Derivative liabilities held for trading (118) – – – – – – –
(118) – 158,833 160,378 752,816,300 684,299,282 71 1,348
Total 405,374,357 298,571,100 85,685,568 88,840,470 752,816,300 684,299,282 34,878,038 26,839,892
U.S. Small Companies World Allocation World Allocation World Allocation
Fund 20/80 Fund 40/60 Fund 60/40 Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
USD USD GBP GBP GBP GBP GBP GBP
Level 1
Equity Instruments 201,406,259 196,608,419 – – – – – –
Investment Funds – – – – – – – –
Derivative assets held for trading 12,613 – – – – – – –
201,418,872 196,608,419 – – – – – –
Level 2
Investment Funds – – 58,099,063 29,866,697 513,299,870 364,849,180 934,542,196 678,873,610
Equity Instruments 9,396 1,642 – – – – – –
Bonds and Notes – – 12,672,348 10,575,137 – – – –
Derivative assets held for trading – – 172,189 949 212,704 – 178,341 –
Derivative liabilities held for trading – – (1,401) (70,278) (1,203) (56,697) (1,215) (42,269)
9,396 1,642 70,942,199 40,372,505 513,511,371 364,792,483 934,719,322 678,831,341
Total 201,428,268 196,610,061 70,942,199 40,372,505 513,511,371 364,792,483 934,719,322 678,831,341
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 476
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
11. Risk Management (continued)
d) Fair Value Estimation (continued)
World Allocation World Equity
80/20 Fund Fund
30 Nov 2018 30 Nov 2017 30 Nov 2018 30 Nov 2017
GBP GBP GBP GBP
Level 1
Equity Instruments – – 1,300,022,740 1,084,809,736
Investment Funds – – – –
Derivative assets held for trading – – – –
– – 1,300,022,740 1,084,809,736
Level 2
Investment Funds 167,139,788 95,010,691 – –
Equity Instruments – – 153,356 195,185
Bonds and Notes – – – –
Derivative assets held for trading 31,814 – – –
Derivative liabilities held for trading (674) (10,521) – –
167,170,928 95,000,170 153,356 195,185
Total 167,170,928 95,000,170 1,300,176,096 1,085,004,921
There were no level 3 securities held during the financial years ended 30 November 2018 and 30 November 2017.
Securities of the aggregated market value of EUR922,946 were transferred from level 1 to level 2 as at the year ended 30 November 2018 (30
November 2017: EUR585,342). At the same time securities of the aggregated market value of EUR246,087 were transferred from level 2 to level 1
(30 November 2017: EUR1,271,725).
12. Foreign Exchange Rates Exchange Rates against Pound
Sterling (continued) 30 November 2018 30 November 2017
The following exchange rates were used to convert the investments and Hungarian Forint 364.2999 355.7827
other assets and liabilities denominated in currencies other than the Indian Rupee 88.8089 87.2028
respective Fund’s base currency at 30 November 2018 and 30 Indonesian Rupiah 18,224.9689 18,292.5675
November 2017: Israeli Shekel 4.7384 4.7269
Japanese Yen 144.6466 152.2059
Exchange Rates against Euro 30 November 2018 30 November 2017 Malaysian Ringgit 5.3321 5.5306
Australian Dollar 1.5489 1.5736 Mexican Peso 25.9358 25.2022
Canadian Dollar 1.5042 1.5356 New Zealand Dollar 1.8537 1.9786
Danish Krone 7.4633 7.4427 Norwegian Krone 10.9520 11.2512
Israeli Shekel 4.2098 4.1602 Philippine Peso 66.7962 67.9716
Japanese Yen 128.5104 133.9566 Polish Zloty 4.8307 4.7734
New Zealand Dollar 1.6469 1.7414 Singapore Dollar 1.7481 1.8238
Norwegian Krone 9.7302 9.9022 South African Rand 17.6595 18.5482
Pound Sterling 0.8884 0.8801 South Korean Won 1,428.3712 1,471.7497
Singapore Dollar 1.5531 1.6052 Swedish Krona 11.6003 11.3209
Swedish Krona 10.3062 9.9635 Swiss Franc 1.2730 1.3304
Swiss Franc 1.1310 1.1709 Taiwan Dollar 39.2488 40.5639
United States Dollar 1.1321 1.1902 Thai Baht 41.9069 44.1694
Turkish Lira 6.6439 5.2959
Exchange Rates against Pound United States Dollar 1.2743 1.3524
Sterling 30 November 2018 30 November 2017
Australian Dollar 1.7434 1.7879
Brazilian Real 4.9275 4.4270
Canadian Dollar 1.6930 1.7448
Chilean Peso 855.8249 875.4764
Colombian Peso 4,120.9264 4,079.5157
Czech Koruna 29.2484 29.0074
Danish Krone 8.4004 8.4567
Euro 1.1256 1.1362
Hong Kong Dollar 9.9697 10.5624
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 477
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
12. Foreign Exchange Rates (continued) 13. Derivative Financial Instruments
A Fund may employ investment techniques and instruments for
Exchange Rates against U.S. Dollar 30 November 2018 30 November 2017 efficient portfolio management of its assets including for hedging
Australian Dollar 1.3682 1.3221 against market movements, currency exchange or interest rate risks,
Brazilian Real 3.8670 3.2735 under the conditions and within the limits stipulated by the Central
Canadian Dollar 1.3287 1.2902 Bank under the UCITS Regulations. A Fund may use such
Chilean Peso 671.6300 647.3500 investment techniques and instruments only where their use is, in the
Chinese Renminbi - 6.6107 opinion of the Investment Manager, consistent with the investment
Colombian Peso 3,234.0000 3,016.5000 policies of that Fund. In particular, a Fund may lend its securities,
Czech Koruna 22.9534 21.4489 enter repurchase and reverse repurchase agreements, call options,
Danish Krone 6.5925 6.2531
spot and forward contracts and financial futures. The total exposure
Euro 0.8833 0.8402
of a Fund including but not limited to its exposure from the use of any
Hong Kong Dollar 7.8240 7.8102
derivative instruments, may not exceed the total net assets of the
Hungarian Forint 285.8935 263.0750
Fund.
Indian Rupee 69.6950 64.4800
Indonesian Rupiah 14,302.5000 13,526.0000
As at 30 November 2018, Global Core Equity Fund, Global Short
Israeli Shekel 3.7186 3.4952
Fixed Income Fund, Global Short-Term Investment Grade Fixed
Japanese Yen 113.5150 112.5450
Income Fund, Global Ultra Short Fixed Income Fund, Global Value
Malaysian Ringgit 4.1845 4.0895
Fund, World Allocation 20/80 Fund, World Allocation 40/60 Fund,
Mexican Peso 20.3538 18.6352
World Allocation 60/40 Fund and World Allocation 80/20 Fund had
New Zealand Dollar 1.4548 1.4631
Norwegian Krone 8.5949 8.3195
investments in forward currency contracts which were utilised for
Philippine Peso 52.4200 50.2600 efficient portfolio management purposes (30 November 2017: Global
Polish Zloty 3.7910 3.5296 Core Equity Fund, Global Short Fixed Income Fund, Global Short-
Pound Sterling 0.7848 0.7394 Term Investment Grade Fixed Income Fund, Global Ultra Short Fixed
Singapore Dollar 1.3719 1.3486 Income Fund, World Allocation 20/80 Fund, World Allocation 40/60
South African Rand 13.8588 13.7150 Fund, World Allocation 60/40 Fund and World Allocation 80/20 Fund).
South Korean Won 1,120.9500 1,088.2500 As at 30 November 2018, U.S. Small Companies Fund had
Swedish Krona 9.1037 8.3710 investment in futures contract (30 November 2018: none of the Funds
Swiss Franc 0.9991 0.9838 invested in futures contracts). Details of the exposure obtained and
Taiwan Dollar 30.8015 29.9940 counterparties to these forward currency contracts and futures
Thai Baht 32.8875 32.6600 contract are disclosed in the Portfolio of Investments.
Turkish Lira 5.2140 3.9159
The direct and indirect operational costs arising from these contracts
At 30 November 2018 an exchange rate of 1.1833 (30 November
cannot practically be split from the total return of the instrument. The
2017: 1.1219) was used to translate the Statement of Comprehensive
realised and unrealised gains and losses on forward currency
Income of Emerging Markets Large Cap Core Equity Fund, Emerging
contracts and futures contract are included within net gain/(loss) on
Markets Value Fund, Global Core Equity Fund, Global Short-Term
financial assets at fair value through profit or loss in the Statement of
Investment Grade Fixed Income Fund, Global Small Companies
Comprehensive Income.
Fund, Global Sustainability Core Equity Fund, Global Targeted Value
Fund, Global Value Fund, Pacific Basin Small Companies Fund, U.S.
As at 30 November 2018, a number of Funds have also entered into
Core Equity Fund and U.S. Small Companies Fund from USD to
securities lending agreements for the purposes of efficient portfolio
EUR.
management. Please refer to note 4 for further details.
At 30 November 2018 an exchange rate of 0.8846 (30 November
14. Distributions
2017: 0.8701) was used to translate the Statement of Comprehensive
The Directors may declare dividends in respect of any shares out of
Income of Global Ultra Short Fixed Income Fund, Sterling Inflation
net income (including dividend and interest income) and the excess of
Linked Intermediate Duration Fixed Income Fund, World Allocation
realised and unrealised capital gains over realised and unrealised
20/80 Fund, World Allocation 40/60 Fund, World Allocation 60/40
losses in respect of investments of the Company.
Fund, World Allocation 80/20 Fund and World Equity Fund from GBP
to EUR.
The Directors anticipate that there will be no dividend distributions in
respect of the accumulation classes of the Funds. Accordingly,
income and capital gains arising in respect of the accumulation
classes of the Funds will be re–invested in the relevant Fund and
reflected in the NAV per share of the relevant Fund.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 478
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
14. Distributions (continued) Dividends of the GBP distributing class and SGD distributing class
The Directors anticipate making dividend distributions in respect of will normally be declared by the Directors for the financial periods
the distributing classes of the Funds. Accordingly, any income arising ending 31 May and 30 November. Dividends of the JPY distributing
in respect of the distributing classes of the Funds will be distributed to classes, if any are declared by the Directors, will normally be paid for
investors in the relevant Fund in accordance with their respective the financial periods ending 28 February, 31 May, 31 August and 30
shareholdings. November. Dividends of the other distributing classes will normally be
declared by the Directors for the period ending 30 November.
The Directors do not expect to declare a dividend in respect of any class where it would be uneconomical to pay such dividend to shareholders.
Distributions for the financial year ended 30 November 2018 and 30 November 2017 were as follows:
Emerging Markets Large Cap Emerging Markets Euro Inflation Linked Intermediate Duration
Core Equity Fund Value Fund Fixed Income Fund
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
USD USD USD USD EUR EUR
Gross distribution for the financial year 39,255 25,804 7,136,842 5,070,485 30,390 25,697
Add: Income deducted on cancellation of shares 2,982 59 446,668 429,681 5,112 1,680
Deduct: Income received on issue of shares (5,820) (6,563) (1,396,585) (734,126) (5,219) (3,086)
Net distribution for the financial year 36,417 19,300 6,186,925 4,766,040 30,283 24,291
European Small European Global Core
Companies Fund Value Fund Equity Fund
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
EUR EUR EUR EUR USD USD
Gross distribution for the financial year 1,738,455 1,268,127 1,332,431 1,102,867 25,618,408 18,146,971
Add: Income deducted on cancellation of shares 105,653 86,221 91,628 107,143 1,262,047 1,257,873
Deduct: Income received on issue of shares (176,526) (368,604) (168,266) (454,540) (4,073,127) (3,149,274)
Net distribution for the financial year 1,667,582 985,744 1,255,793 755,470 22,807,328 16,255,570
Global Short Fixed Global Short-Term Investment Global Small
Income Fund Grade Fixed Income Fund Companies Fund
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
EUR EUR USD USD USD USD
Gross distribution for the financial year 14,748,177 21,901,872 8,605,893 8,046,309 2,816,269 2,523,595
Add: Income deducted on cancellation of shares 1,152,544 1,824,475 391,723 223,052 611,465 272,148
Deduct: Income received on issue of shares (2,616,405) (3,599,217) (1,418,963) (1,670,129) (336,431) (417,510)
Net distribution for the financial year 13,284,316 20,127,130 7,578,653 6,599,232 3,091,303 2,378,233
Global Sustainability Global Targeted Global Ultra Short
Core Equity Fund Value Fund Fixed Income Fund
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
USD USD USD USD GBP GBP
Gross distribution for the financial year 1,041,306 684,454 15,226,037 10,643,362 7,521,678 4,371,545
Add: Income deducted on cancellation of shares 37,774 19,764 678,341 859,469 896,389 694,326
Deduct: Income received on issue of shares (245,381) (188,768) (1,922,857) (1,820,143) (1,315,300) (960,558)
Net distribution for the financial year 833,699 515,450 13,981,521 9,682,688 7,102,767 4,105,313
Sterling
Global Value Pacific Basin Small Inflation Linked Intermediate Duration Fixed
Fund Companies Fund Income Fund
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
USD USD USD USD GBP GBP
Gross distribution for the financial year 1,134,186 374,375 606,628 498,458 5,298,725 4,864,745
Add: Income deducted on cancellation of shares 36,344 5,737 26,517 40,164 749,991 212,807
Deduct: Income received on issue of shares (383,086) (174,460) (42,507) (73,458) (626,881) (780,990)
Net distribution for the financial year 787,444 205,652 590,638 465,164 5,421,835 4,296,562
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 479
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
14. Distributions (continued)
U.S. Small Companies World Allocation World Allocation
Fund 20/80 Fund 40/60 Fund
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
USD USD GBP GBP GBP GBP
Gross distribution for the financial year 253,928 243,809 83,876 30,131 1,058,564 745,706
Add: Income deducted on cancellation of shares 25,567 19,639 1,684 7,758 27,049 28,528
Deduct: Income received on issue of shares (20,240) (27,857) (21,583) (6,833) (121,823) (71,455)
Net distribution for the financial year 259,255 235,591 63,977 31,056 963,790 702,779
World Allocation World Allocation World Equity
60/40 Fund 80/20 Fund Fund
30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17 30-Nov-18 30-Nov-17
GBP GBP GBP GBP GBP GBP
Gross distribution for the financial year 2,241,551 1,687,272 418,460 196,210 10,074,599 6,936,341
Add: Income deducted on cancellation of shares 109,109 73,596 5,354 4,222 379,008 269,359
Deduct: Income received on issue of shares (221,336) (223,518) (62,028) (73,896) (1,346,487) (1,307,735)
Net distribution for the financial year 2,129,324 1,537,350 361,786 126,536 9,107,120 5,897,965
15. Comparative Net Asset Values
Emerging Markets Large Cap Core Equity Fund 30 November 2018 30 November 2017 30 November 2016
Net Asset Value USD419,210,947 USD467,303,916 USD305,469,115
Outstanding shares
EUR Accumulation Class 726,177 604,577 511,203
EUR Distributing Class 125,772 105,908 1,855
GBP Accumulation Class 168,784 – –
SGD Accumulation Class 488,111 41,218 –
USD Accumulation Class 3,365,059 4,957,009 224,335
USD Z Institutional Accumulation Class 34,817,676 34,870,405 34,918,863
Net Asset Value per share
EUR Accumulation Class EUR11.37 EUR11.81 EUR10.19
EUR Distributing Class EUR10.65 EUR11.34 EUR9.97
GBP Accumulation Class GBP9.29 – –
SGD Accumulation Class SGD19.33 SGD20.73 –
USD Accumulation Class USD12.67 USD13.82 USD10.62
USD Z Institutional Accumulation Class USD10.25 USD11.13 USD8.52
Emerging Markets Value Fund 30 November 2018 30 November 2017 30 November 2016
Net Asset Value USD1,924,352,430 USD2,004,805,087 USD1,577,470,967
Outstanding shares
EUR Accumulation Class 36,435,918 34,922,793 33,031,651
EUR Distributing Class 10,839,332 7,110,634 4,764,830
GBP Accumulation Class 8,885,803 11,984,400 12,306,525
GBP Distributing Class 5,839,454 6,409,858 6,434,005
JPY Accumulation Class 611,630 304,908 54,884
JPY Distributing Class 2,516,055 1,151,539 1,543,029
SEK Accumulation Class 5,071,095 515,398 615,513
USD Accumulation Class 23,476,651 20,919,971 24,972,175
USD Distributing Class 1,283,512 698,355 908,152
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 480
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
15. Comparative Net Asset Values (continued)
Emerging Markets Value Fund (continued) 30 November 2018 30 November 2017 30 November 2016
Net Asset Value per share
EUR Accumulation Class EUR21.51 EUR21.83 EUR19.03
EUR Distributing Class EUR9.70 EUR10.08 EUR8.95
GBP Accumulation Class GBP23.35 GBP23.47 GBP19.69
GBP Distributing Class GBP18.61 GBP19.15 GBP16.38
JPY Accumulation Class JPY1,331.96 JPY1,408.76 JPY1,111.80
JPY Distributing Class JPY1,034.01 JPY1,124.81 JPY905.05
SEK Accumulation Class SEK13.39 SEK13.14 SEK11.23
USD Accumulation Class USD19.83 USD21.15 USD16.42
USD Distributing Class USD9.50 USD10.38 USD8.21
Euro Inflation Linked Intermediate Duration Fixed Income Fund 30 November 2018 30 November 2017 30 November 2016
Net Asset Value EUR33,018,552 EUR21,071,764 EUR7,746,182
Outstanding shares
EUR Accumulation Class 2,203,499 1,244,142 476,985
EUR Distributing Class 402,245 424,046 156,876
Net Asset Value per share
EUR Accumulation Class EUR12.78 EUR12.78 EUR12.35
EUR Distributing Class EUR12.10 EUR12.18 EUR11.83
European Small Companies Fund 30 November 2018 30 November 2017 30 November 2016
Net Asset Value EUR174,870,875 EUR180,762,430 EUR146,886,894
Outstanding shares
EUR Accumulation Class 2,328,293 2,173,639 2,373,586
EUR Distributing Class 2,454,976 2,083,989 1,240,632
GBP Accumulation Class 690,555 742,231 818,512
GBP Distributing Class 690,190 694,589 694,931
USD Accumulation Class 83,118 110,585 96,226
USD Distributing Class 8,786 24,927 214,945
Net Asset Value per share
EUR Accumulation Class EUR33.26 EUR36.02 EUR30.01
EUR Distributing Class EUR19.78 EUR21.95 EUR18.61
GBP Accumulation Class GBP31.73 GBP34.04 GBP27.30
GBP Distributing Class GBP28.20 GBP30.97 GBP25.29
USD Accumulation Class USD29.85 USD33.99 USD25.22
USD Distributing Class USD17.54 USD20.48 USD15.48
European Value Fund 30 November 2018 30 November 2017 30 November 2016
Net Asset Value EUR101,313,416 EUR92,679,447 EUR61,255,126
Outstanding shares
EUR Accumulation Class 4,481,532 3,793,402 3,027,391
EUR Distributing Class 2,459,982 2,100,806 1,133,785
GBP Accumulation Class 372,558 207,450 244,867
GBP Distributing Class 170,671 165,803 170,820
USD Accumulation Class 547,325 535,671 531,131
USD Distributing Class 25,799 82,926 312,223
Net Asset Value per share
EUR Accumulation Class EUR11.49 EUR12.22 EUR10.44
EUR Distributing Class EUR14.42 EUR15.85 EUR13.93
GBP Accumulation Class GBP13.77 GBP14.50 GBP11.92
GBP Distributing Class GBP19.80 GBP21.55 GBP18.20
USD Accumulation Class USD9.37 USD10.48 USD7.97
USD Distributing Class USD10.26 USD11.86 USD9.30
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 481
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
15. Comparative Net Asset Values (continued)
Global Core Equity Fund 30 November 2018 30 November 2017 30 November 2016
Net Asset Value USD3,027,225,967 USD2,536,752,898 USD1,711,452,142
Outstanding shares
EUR Accumulation Class 13,948,775 12,014,565 10,095,732
EUR Accumulation Hedged Class 1,603,280 500,000 –
EUR Distributing Class 17,342,909 15,554,946 12,014,672
GBP Accumulation Class 27,314,672 23,947,543 21,410,867
GBP Distributing Class 35,741,360 28,196,093 20,720,108
JPY Accumulation Class 616,274 247,216 52,621
JPY Distributing Class 9,932,269 4,926,480 6,278,087
SEK Accumulation Class 4,247,107 2,961,801 4,007,311
SGD Accumulation Class 2,937,704 338,445 –
USD Accumulation Class 7,315,745 6,309,927 3,636,121
USD Distributing Class 652,768 605,581 3,062,360
Net Asset Value per share
EUR Accumulation Class EUR24.45 EUR23.65 EUR21.67
EUR Accumulation Hedged Class EUR10.25 EUR10.49 –
EUR Distributing Class EUR19.83 EUR19.51 EUR18.13
GBP Accumulation Class GBP25.71 GBP24.64 GBP21.72
GBP Distributing Class GBP22.35 GBP21.79 GBP19.50
JPY Accumulation Class JPY1,366.93 JPY1,378.50 JPY1,143.01
JPY Distributing Class JPY1,275.40 JPY1,311.62 JPY1,104.23
SEK Accumulation Class SEK15.25 SEK14.26 SEK12.81
SGD Accumulation Class SGD21.14 SGD21.13 –
USD Accumulation Class USD19.11 USD19.44 USD15.86
USD Distributing Class USD14.05 USD14.53 USD12.04
Global Short Fixed Income Fund 30 November 2018 30 November 2017 30 November 2016
Net Asset Value EUR2,526,475,933 EUR2,244,923,583 EUR1,900,488,509
Outstanding shares
CHF Distributing Class 3,760,013 3,619,435 3,179,185
EUR Accumulation Class 32,441,058 29,629,732 26,356,921
EUR Distributing Class 57,400,972 51,693,836 38,017,825
GBP Accumulation Class 2,048,378 1,616,299 964,509
GBP Distributing Class 30,980,913 12,909,596 7,859,390
JPY Accumulation Class 38,235,729 42,785,572 13,924,589
JPY Distributing Class 90,758,386 90,212,240 93,632,004
NOK Accumulation Class 1,025,766 550,565 –
NOK Distributing Class 14,774,061 14,861,446 10,948,530
SEK Accumulation Class 16,085,857 12,573,301 11,552,887
SEK Distributing Class 6,429,967 6,617,854 7,512,597
SGD Accumulation Class 1,019,469 119,000 –
USD Accumulation Class 5,551,197 6,405,556 5,660,678
USD Distributing Class 3,725,294 3,178,929 4,094,232
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 482
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
15. Comparative Net Asset Values (continued)
Global Short Fixed Income Fund (continued) 30 November 2018 30 November 2017 30 November 2016
Net Asset Value per share
CHF Distributing Class CHF10.04 CHF10.35 CHF10.53
EUR Accumulation Class EUR13.29 EUR13.51 EUR13.48
EUR Distributing Class EUR9.72 EUR9.97 EUR10.10
GBP Accumulation Class GBP10.67 GBP10.73 GBP10.62
GBP Distributing Class GBP9.91 GBP10.07 GBP10.13
JPY Accumulation Class JPY1,032.82 JPY1,047.52 JPY1,042.27
JPY Distributing Class JPY954.06 JPY976.45 JPY987.01
NOK Accumulation Class NOK9.96 NOK9.99 –
NOK Distributing Class NOK12.56 NOK12.70 NOK12.70
SEK Accumulation Class SEK9.99 SEK10.16 SEK10.15
SEK Distributing Class SEK10.40 SEK10.68 SEK10.84
SGD Accumulation Class SGD20.11 SGD20.04 –
USD Accumulation Class USD13.00 USD12.89 USD12.61
USD Distributing Class USD10.21 USD10.20 USD10.14
Global Short-Term Investment Grade Fixed Income Fund 30 November 2018 30 November 2017 30 November 2016
Net Asset Value USD1,098,596,998 USD931,287,905 USD538,675,265
Outstanding shares
CHF Distributing Class 1,655,776 1,454,367 1,018,081
EUR Accumulation Class 16,018,757 13,957,055 9,317,553
EUR Distributing Class 16,801,252 14,280,728 7,502,109
GBP Accumulation Class 18,135,200 13,724,484 9,172,266
GBP Distributing Class 34,193,866 25,104,054 16,195,775
JPY Distributing Class 818,032 1,304,929 1,221,458
SEK Accumulation Class 13,240,320 13,451,907 8,530,744
SGD Accumulation Class 998,179 117,971 –
USD Accumulation Class 1,216,171 1,278,002 570,631
USD Distributing Class 643,781 466,928 101,933
Net Asset Value per share
CHF Distributing Class CHF9.31 CHF9.65 CHF9.82
EUR Accumulation Class EUR10.05 EUR10.25 EUR10.22
EUR Distributing Class EUR9.38 EUR9.69 EUR9.82
GBP Accumulation Class GBP10.50 GBP10.58 GBP10.47
GBP Distributing Class GBP9.74 GBP9.96 GBP10.01
JPY Distributing Class JPY945.69 JPY971.52 JPY979.67
SEK Accumulation Class SEK9.91 SEK10.10 SEK10.09
SGD Accumulation Class SGD20.06 SGD20.03 –
USD Accumulation Class USD10.76 USD10.68 USD10.45
USD Distributing Class USD10.08 USD10.13 USD10.06
Global Small Companies Fund 30 November 2018 30 November 2017 30 November 2016
Net Asset Value USD526,498,642 USD555,548,400 USD484,224,517
Outstanding shares
EUR Accumulation Class 2,227,571 2,417,482 2,234,039
EUR Distributing Class 2,478,013 2,133,618 3,769,100
GBP Accumulation Class 5,902,716 8,748,650 9,105,879
GBP Distributing Class 5,971,267 5,465,174 5,446,567
USD Accumulation Class 6,262,702 790,874 934,965
USD Distributing Class 77,510 2,702,399 1,592,906
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 483
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
15. Comparative Net Asset Values (continued)
Global Small Companies Fund (continued) 30 November 2018 30 November 2017 30 November 2016
Net Asset Value per share
EUR Accumulation Class EUR21.77 EUR21.73 EUR20.06
EUR Distributing Class EUR18.74 EUR18.96 EUR17.71
GBP Accumulation Class GBP21.43 GBP21.19 GBP18.83
GBP Distributing Class GBP19.74 GBP19.79 GBP17.78
USD Accumulation Class USD17.03 USD17.87 USD14.69
USD Distributing Class USD11.58 USD12.50 USD10.39
Global Sustainability Core Equity Fund 30 November 2018 30 November 2017 30 November 2016
Net Asset Value USD241,707,888 USD192,617,544 USD95,263,339
Outstanding shares
EUR Accumulation Class 2,772,839 2,242,180 1,112,248
EUR Distributing Class 797,335 454,236 227,711
GBP Accumulation Class 3,370,004 3,074,583 2,432,767
GBP Distributing Class 3,133,122 1,978,034 1,073,486
USD Accumulation Class 1,470,847 1,356,364 503,095
USD Distributing Class 62,953 29,915 53,660
Net Asset Value per share
EUR Accumulation Class EUR17.68 EUR16.96 EUR15.44
EUR Distributing Class EUR16.46 EUR15.99 EUR14.74
GBP Accumulation Class GBP18.49 GBP17.57 GBP15.39
GBP Distributing Class GBP17.14 GBP16.50 GBP14.66
USD Accumulation Class USD15.38 USD15.52 USD12.57
USD Distributing Class USD14.31 USD14.61 USD12.00
Global Targeted Value Fund 30 November 2018 30 November 2017 30 November 2016
Net Asset Value USD2,736,222,206 USD2,610,965,181 USD1,876,475,233
Outstanding shares
EUR Accumulation Class 10,093,277 7,966,020 6,787,829
EUR Distributing Class 19,982,105 15,718,740 12,087,898
GBP Accumulation Class 24,592,364 21,806,782 20,549,416
GBP Distributing Class 26,732,131 23,691,228 21,310,257
JPY Accumulation Class 246,955 – –
SEK Accumulation Class 6,461,902 5,149,606 4,667,527
SGD Accumulation Class 616,174 66,680 –
USD Accumulation Class 27,657,359 26,091,675 18,568,576
USD Distributing Class 358,080 251,643 112,027
Net Asset Value per share
EUR Accumulation Class EUR21.70 EUR22.55 EUR21.19
EUR Distributing Class EUR17.89 EUR18.82 EUR17.86
GBP Accumulation Class GBP26.06 GBP26.82 GBP24.26
GBP Distributing Class GBP22.74 GBP23.71 GBP21.66
JPY Accumulation Class JPY899.80 – –
SEK Accumulation Class SEK14.55 SEK14.61 SEK13.47
SGD Accumulation Class SGD19.54 SGD20.99 –
USD Accumulation Class USD16.83 USD18.38 USD15.38
USD Distributing Class USD16.87 USD18.67 USD15.76
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 484
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
15. Comparative Net Asset Values (continued)
Global Ultra Short Fixed Income Fund 30 November 2018 30 November 2017 30 November 2016
Net Asset Value GBP732,663,749 GBP624,253,696 GBP473,386,206
Outstanding shares
EUR Accumulation Class 2,727,435 2,217,728 3,015,816
EUR Distributing Class 3,837,057 2,019,479 1,523,329
GBP Accumulation Class 18,486,184 15,240,989 9,707,689
GBP Distributing Class 49,594,443 43,420,875 33,428,408
SEK Accumulation Class 378,023 628,016 1,012,528
Net Asset Value per share
EUR Accumulation Class EUR9.78 EUR9.86 EUR9.95
EUR Distributing Class EUR9.41 EUR9.63 EUR9.80
GBP Accumulation Class GBP10.45 GBP10.42 GBP10.42
GBP Distributing Class GBP9.75 GBP9.87 GBP9.97
SEK Accumulation Class SEK9.76 SEK9.86 SEK9.95
Global Value Fund 30 November 2018 30 November 2017 30 November 2016
Net Asset Value USD409,114,202 USD301,118,023 USD125,325,772
Outstanding shares
EUR Accumulation Class 457,432 144,058 16,004
EUR Accumulation P Class 17,872,327 18,264,538 10,060,328
GBP Accumulation Class 5,735,541 589,502 42,037
GBP Distributing Class 3,657,578 1,403,055 260,796
Net Asset Value per share
EUR Accumulation Class EUR12.30 EUR12.07 EUR11.15
EUR Accumulation P Class EUR12.43 EUR12.23 EUR11.34
GBP Accumulation Class GBP12.85 GBP12.48 GBP11.10
GBP Distributing Class GBP12.30 GBP12.20 GBP11.05
Pacific Basin Small Companies Fund 30 November 2018 30 November 2017 30 November 2016
Net Asset Value USD85,687,199 USD89,087,088 USD64,870,815
Outstanding shares
EUR Accumulation Class 360,950 334,038 295,843
EUR Distributing Class 309,995 195,602 139,467
GBP Accumulation Class 1,019,179 934,982 915,376
GBP Distributing Class 728,439 730,668 694,534
USD Accumulation Class 134,691 147,256 122,728
USD Distributing Class 139,762 115,820 89,979
Net Asset Value per share
EUR Accumulation Class EUR24.05 EUR25.20 EUR21.83
EUR Distributing Class EUR11.35 EUR12.12 EUR10.65
GBP Accumulation Class GBP30.79 GBP31.96 GBP26.64
GBP Distributing Class GBP28.00 GBP29.61 GBP25.06
USD Accumulation Class USD29.27 USD32.25 USD24.87
USD Distributing Class USD14.03 USD15.75 USD12.33
Sterling Inflation Linked Intermediate Duration Fixed Income Fund 30 November 2018 30 November 2017 30 November 2016
Net Asset Value GBP750,959,309 GBP687,783,356 GBP507,617,464
Outstanding shares
GBP Accumulation Class 29,275,315 26,552,808 19,709,413
GBP Distributing Class 26,776,575 25,959,152 19,649,562
Net Asset Value per share
GBP Accumulation Class GBP14.62 GBP14.24 GBP13.93
GBP Distributing Class GBP12.06 GBP11.93 GBP11.86
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 485
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
15. Comparative Net Asset Values (continued)
U.S. Core Equity Fund 30 November 2018 30 November 2017 30 November 2016
Net Asset Value USD35,119,915 USD26,907,845 USD6,773,695
Outstanding shares
USD Accumulation Class 2,458,089 1,916,401 573,167
Net Asset Value per share
USD Accumulation Class USD14.29 USD14.04 USD11.82
U.S. Small Companies Fund 30 November 2018 30 November 2017 30 November 2016
Net Asset Value USD201,974,394 USD196,860,980 USD168,432,745
Outstanding shares
EUR Accumulation Class 2,040,694 1,833,759 1,899,572
GBP Accumulation Class 784,523 795,933 884,768
GBP Distributing Class 822,938 857,612 850,724
USD Accumulation Class 1,305,041 1,183,002 889,189
USD Distributing Class 99,643 121,339 110,713
Net Asset Value per share
EUR Accumulation Class EUR31.80 EUR30.70 EUR29.88
GBP Accumulation Class GBP41.00 GBP39.21 GBP36.73
GBP Distributing Class GBP42.71 GBP41.06 GBP38.67
USD Accumulation Class USD31.05 USD31.52 USD27.32
USD Distributing Class USD22.04 USD22.50 USD19.59
World Allocation 20/80 Fund 30 November 2018 30 November 2017 30 November 2016
Net Asset Value GBP71,566,800 GBP40,905,123 GBP11,661,566
Outstanding shares
EUR Accumulation Class 2,424,119 1,096,624 188,564
GBP Accumulation Class 3,724,711 2,534,926 846,670
GBP Distributing Class 746,653 275,356 94,572
USD Accumulation Class 46,222 – –
Net Asset Value per share
EUR Accumulation Class EUR10.35 EUR10.45 EUR10.27
GBP Accumulation Class GBP11.01 GBP11.00 GBP10.66
GBP Distributing Class GBP10.60 GBP10.72 GBP10.49
USD Accumulation Class USD9.91 – –
World Allocation 40/60 Fund 30 November 2018 30 November 2017 30 November 2016
Net Asset Value GBP517,186,971 GBP368,289,624 GBP211,285,366
Outstanding shares
EUR Accumulation Class 3,283,860 1,146,139 160,847
GBP Accumulation Class 26,410,855 19,804,177 11,657,810
GBP Distributing Class 5,528,290 3,853,521 3,067,198
USD Accumulation Class 250,640 – –
Net Asset Value per share
EUR Accumulation Class EUR10.88 EUR10.93 EUR10.53
GBP Accumulation Class GBP15.38 GBP15.29 GBP14.44
GBP Distributing Class GBP13.99 GBP14.12 GBP13.52
USD Accumulation Class USD9.79 – –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 486
Notes to the Financial Statements
for the financial year ended 30 November 2018 (continued)
15. Comparative Net Asset Values (continued)
World Allocation 60/40 Fund 30 November 2018 30 November 2017 30 November 2016
Net Asset Value GBP942,877,461 GBP685,359,359 GBP414,894,078
Outstanding shares
EUR Accumulation Class 4,122,303 1,245,056 314,324
GBP Accumulation Class 41,505,686 30,707,231 19,581,337
GBP Distributing Class 9,617,950 7,864,326 6,036,859
USD Accumulation Class 461,036 – –
Net Asset Value per share – –
EUR Accumulation Class EUR11.35 EUR11.37 EUR10.76
GBP Accumulation Class GBP17.89 GBP17.75 GBP16.36
GBP Distributing Class GBP16.16 GBP16.27 GBP15.20
USD Accumulation Class USD9.66 – –
World Allocation 80/20 Fund 30 November 2018 30 November 2017 30 November 2016
Net Asset Value GBP168,587,885 GBP95,733,275 GBP33,535,459
Outstanding shares
EUR Accumulation Class 1,400,846 603,449 106,515
GBP Accumulation Class 8,989,839 5,397,853 2,408,982
GBP Distributing Class 2,120,416 1,115,906 206,640
USD Accumulation Class 155,868 – –
Net Asset Value per share
EUR Accumulation Class EUR11.73 EUR11.79 EUR10.98
GBP Accumulation Class GBP13.89 GBP13.83 GBP12.47
GBP Distributing Class GBP13.16 GBP13.30 GBP12.18
USD Accumulation Class USD9.53 – –
World Equity Fund 30 November 2018 30 November 2017 30 November 2016
Net Asset Value GBP1,300,111,625 GBP1,087,452,445 GBP765,185,309
Outstanding shares
EUR Accumulation Class 13,655,946 13,396,183 11,435,390
EUR Distributing Class 7,608,465 6,502,827 5,104,565
GBP Accumulation Class 16,463,636 14,169,026 12,796,218
GBP Distributing Class 22,801,969 17,643,541 13,041,587
SEK Accumulation Class 19,531,216 10,321,845 3,987,284
SGD Accumulation Class 439,805 – –
USD Accumulation Class 133,145 – –
USD Distributing Class 4,902,008 4,347,171 1,165,989
Net Asset Value per share
EUR Accumulation Class EUR20.40 EUR20.30 EUR18.52
EUR Distributing Class EUR18.48 EUR18.68 EUR17.27
GBP Accumulation Class GBP23.11 GBP22.78 GBP20.01
GBP Distributing Class GBP20.77 GBP20.81 GBP18.53
SEK Accumulation Class SEK14.15 SEK13.61 SEK12.18
SGD Accumulation Class SGD19.47 – –
USD Accumulation Class USD9.29 – –
USD Distributing Class USD11.38 USD12.09 USD9.96
16. Use of Dealing Commission Sharing Agreements and 18. Approval of Financial Statements
brokerage services The financial statements were approved by the Directors on
The Company pays no brokerage services and dealing commission 7 March 2019.
through commission sharing arrangements.
17. Significant Commitments and Contingent Liabilities
As at 30 November 2018 and 30 November 2017, the Company did
not have any significant commitments or contingent liabilities to be
presented in the Statement of Financial Position.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 487
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018
In accordance with the Central Bank (Supervision & Enforcement) Act 2013 (Section 48(1)) (Undertakings for Collective Investment in Transferable
Securities) Regulations, 2015 a statement of the largest changes in the composition of the Portfolio of Investments during the reporting period is
provided to ensure that shareholders can identify changes in the investments held by the Fund. These statements present the aggregate purchases
and sales of an investment exceeding 1.00% of the total value of purchases and sales for the financial period or at least the top 20 purchases and
sales.
Emerging Markets Large Cap Core Equity Fund
Cost
Largest Purchases USD
Lyxor MSCI India UCITS ETF 17,968,728
iShares MSCI India ETF 3,043,068
Samsung Electronics Co Ltd 2,618,649
Tata Motors Ltd, ADR 2,233,926
China National Building Material Co Ltd 2,208,368
Samsung Electronics Co Ltd, GDR 2,176,881
Sunac China Holdings Ltd 2,106,858
China Huarong Asset Management Co Ltd 1,591,251
China Overseas Land & Investment Ltd 1,587,029
YY Inc, ADR 1,382,657
Samsung Fire & Marine Insurance Co Ltd 1,334,225
MTN Group Ltd 1,319,051
CNOOC Ltd, ADR 1,265,720
Country Garden Holdings Co Ltd 1,245,237
Hana Financial Group Inc 968,193
SK Hynix Inc 959,652
China Jinmao Holdings Group Ltd 938,505
Reliance Industries Ltd, GDR 925,235
Ruentex Industries Ltd 911,818
Geely Automobile Holdings Ltd 870,662
Proceeds
Largest Sales USD
iShares MSCI India ETF 21,834,732
China Construction Bank Corp 4,100,564
Industrial & Commercial Bank of China Ltd 2,688,527
CSPC Pharmaceutical Group Ltd 1,414,659
China Communications Construction Co Ltd 1,321,826
China Overseas Land & Investment Ltd 1,271,982
SK Hynix Inc 1,112,765
LUKOIL PJSC, ADR 1,098,834
Yageo Corp 1,064,132
Banco Bradesco SA 1,034,343
Kingboard Holdings Ltd 1,034,264
Hon Hai Precision Industry Co Ltd 1,006,631
Country Garden Holdings Co Ltd 974,558
Hyundai Motor Co 971,005
Sino Biopharmaceutical Ltd 950,855
Semiconductor Manufacturing International Corp 908,720
Uni-President Enterprises Corp 890,695
Axis Bank Ltd, GDR 853,497
LG Electronics Inc 830,322
Taiwan Cement Corp 818,090
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 488
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
Emerging Markets Value Fund
Cost
Largest Purchases USD
Hon Hai Precision Industry Co Ltd 40,176,334
China Mobile Ltd 27,128,492
Reliance Industries Ltd 11,568,206
LG Electronics Inc 11,138,029
KB Financial Group Inc 9,053,530
Lotte Chemical Corp 8,161,849
Polski Koncern Naftowy ORLEN SA 8,156,348
Cathay Financial Holding Co Ltd 6,215,973
Samsung SDI Co Ltd 6,215,629
Yes Bank Ltd 5,966,711
Kasikornbank PCL 5,898,111
Samsung C&T Corp 5,499,614
Turkiye Garanti Bankasi AS 5,066,710
China Construction Bank Corp 4,999,296
Sappi Ltd 4,970,392
MTN Group Ltd 4,761,711
ENEL Americas SA 4,572,815
Thai Oil PCL 4,566,606
Siam Commercial Bank PCL 4,550,834
Dr Reddy's Laboratories Ltd 4,368,136
Proceeds
Largest Sales USD
LG Electronics Inc 17,385,383
China Construction Bank Corp 14,010,975
PTT Public Company 12,573,779
PTT Exploration & Production PCL 10,155,706
CTBC Financial Holding Co Ltd 9,492,290
PTT PCL 9,193,531
Grupo Mexico SAB de CV 8,581,432
E.Sun Financial Holding Co Ltd 8,438,594
Vale SA 7,986,099
Samsung SDI Co Ltd 7,928,522
Powszechna Kasa Oszczednosci Bank Polski SA 6,746,294
Infosys Ltd 5,679,862
Tech Mahindra Ltd 5,314,679
Grupo Financiero Banorte SAB de CV 4,764,372
Hon Hai Precision Industry Co Ltd 4,457,940
B3 SA - Brasil Bolsa Balcao 4,310,055
Mahindra & Mahindra Ltd 4,084,618
Samsung Fire & Marine Insurance Co Ltd 3,980,486
Empresas COPEC SA 3,922,320
Cia Brasileira de Distribuicao 3,866,189
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 489
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
Euro Inflation Linked Intermediate Duration Fixed Income Fund
Cost
Largest Purchases EUR
France Government Bond OAT 3.150% 25/07/2032 7,443,195
France Government Bond OAT 0.700% 25/07/2030 4,431,571
France Government Bond OAT 1.850% 25/07/2027 3,184,114
France Government Bond OAT 0.250% 25/07/2024 1,140,026
Deutsche Bundesrepublik Inflation Linked Bond 0.500% 15/04/2030 753,963
France Government Bond OAT 0.100% 25/07/2036 443,299
Deutsche Bundesrepublik Inflation Linked Bond 0.100% 15/04/2026 392,911
Proceeds
Largest Sales EUR
France Government Bond OAT 1.100% 25/07/2022 2,710,171
France Government Bond OAT 0.250% 25/07/2024 2,107,057
France Government Bond OAT 1.850% 25/07/2027 678,290
Deutsche Bundesrepublik Inflation Linked Bond 0.100% 15/04/2023 414,936
French Republic Government Bond OAT 3.150% 25/07/2032 304,809
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 490
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
European Small Companies Fund
Cost
Largest Purchases EUR
Scout24 AG 952,018
ASR Nederland NV 863,445
ISS AS 729,221
Hammerson PLC 658,018
Swiss Prime Site AG 631,936
Signify NV 480,823
Travis Perkins PLC 480,570
Leonardo SpA 475,485
Merlin Entertainments PLC 459,273
VAT Group AG 456,035
Babcock International Group PLC 440,349
ProSiebenSat.1 Media SE 408,101
G4S PLC 397,841
Metro Bank PLC 394,627
Grand City Properties SA 350,544
Telenet Group Holding NV 312,908
CYBG PLC 307,924
Rocket Internet SE 294,999
GEA Group AG 283,828
Eutelsat Communications SA 283,070
Proceeds
Largest Sales EUR
Temenos AG 1,025,445
Ubisoft Entertainment SA 887,574
Melrose Industries PLC 718,852
ams AG 635,020
Tesco PLC 616,468
Smurfit Kappa Group PLC 609,797
Teleperformance 601,494
Orpea 591,739
Prysmian SpA 584,928
Halma PLC 578,413
Moncler SpA 555,318
Scout24 AG 491,297
Faurecia SA 459,109
FinecoBank Banca Fineco SpA 451,350
1&1 Drillisch AG 448,983
Informa PLC 418,265
Kingspan Group PLC 384,506
GVC Holdings PLC 380,627
Logitech International SA 377,340
Elisa Oyj 315,381
Sartorius AG 295,859
Edenred 284,261
Qiagen NV 267,751
Modern Times Group MTG AB 251,438
Ansaldo STS SpA 235,969
Tecan Group AG 229,209
Evotec AG 226,200
Covivio 219,716
Raiffeisen Bank International AG 216,151
Verbund AG 215,777
Infrastrutture Wireless Italiane SpA 215,101
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 491
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
European Small Companies Fund (continued)
Proceeds
Largest Sales (continued) EUR
Flughafen Zurich AG 214,527
Genus PLC 214,430
Fabege AB 208,184
Weir Group PLC 202,253
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 492
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
European Value Fund
Cost
Largest Purchases EUR
British American Tobacco PLC 2,288,959
Banco Santander SA 1,904,670
Sanofi 1,231,195
Deutsche Telekom AG 1,198,129
Cie Generale des Etablissements Michelin SCA 1,153,643
Koninklijke Ahold Delhaize NV 1,147,278
Cie Financiere Richemont SA 986,585
Daimler AG 904,789
WPP PLC 897,803
Bayer AG 798,719
Aviva PLC 789,606
UBS Group AG 763,272
Lloyds Banking Group PLC 713,570
Carrefour SA 675,683
Bayerische Motoren Werke AG 674,213
Telecom Italia SpA 648,888
Volkswagen AG 634,230
DSV AS 566,315
AXA SA 557,064
Nokia Oyj 534,943
Swisscom AG 534,813
HeidelbergCement AG 516,032
Banco Bilbao Vizcaya Argentaria SA 498,817
Svenska Handelsbanken AB 496,473
Barclays PLC 495,426
Fiat Chrysler Automobiles NV 493,600
Boliden AB (voting rights) 460,407
Bouygues SA 456,514
UniCredit SpA 450,996
Glencore PLC 432,350
Continental AG 391,662
Shire PLC 385,842
Mediobanca Banca di Credito Finanziario SpA 385,259
Renault SA 382,327
Total SA 373,877
Proceeds
Largest Sales EUR
Deutsche Telekom AG 2,082,843
Cie Financiere Richemont SA 993,823
Fiat Chrysler Automobiles NV 987,170
DSV AS 824,094
Nokia Oyj 708,590
Engie SA 633,108
Barclays PLC 602,635
Allianz SE 566,408
Lloyds Banking Group PLC 450,293
Vivendi SA 427,035
Telefonaktiebolaget LM Ericsson 408,060
Randstad NV 390,771
Standard Chartered PLC 387,319
Fresenius Medical Care AG & Co KGaA 366,436
BASF SE 362,198
Mediobanca Banca di Credito Finanziario SpA 360,226
Stora Enso Oyj 336,126
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 493
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
European Value Fund (continued)
Proceeds
Largest Sales (continued) EUR
CaixaBank SA 312,243
RWE AG 311,973
Eni SpA 300,378
Banco Bilbao Vizcaya Argentaria SA 288,900
Mapfre SA 287,591
Aviva PLC 278,597
Swiss Re AG 274,127
HSBC Holdings PLC 272,374
Royal Dutch Shell PLC, Class A 272,314
KBC Group NV 268,817
Nordea Bank AB 253,595
BP PLC 248,305
Pearson PLC 235,949
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen 220,925
Societe Generale SA 211,350
Royal Dutch Shell PLC, Class B 200,290
Svenska Handelsbanken AB 193,599
Novartis AG 185,147
Svenska Cellulosa AB SCA, Class B 183,657
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 494
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
Global Core Equity Fund
Cost
Largest Purchases USD
Facebook Inc 8,513,210
Microsoft Corp 6,465,418
Verizon Communications Inc 6,226,398
Amazon.com Inc 5,310,262
Apple Inc 5,272,280
Procter & Gamble Co 5,207,495
Exxon Mobil Corp 4,228,135
Johnson & Johnson 3,646,048
BP PLC 3,210,680
Alphabet Inc, Class C 3,008,318
Alphabet Inc, Class A 2,883,322
JPMorgan Chase & Co 2,738,865
DowDuPont Inc 2,674,536
Altria Group Inc 2,350,026
Intel Corp 2,310,635
ConocoPhillips 2,273,682
Adobe Systems Inc 2,232,481
International Business Machines Corp 2,222,038
Nestle SA 2,144,191
Oracle Corp 2,120,385
Proceeds
Largest Sales USD
QUALCOMM Inc 1,551,562
Dr Pepper Snapple Group Inc 1,488,215
Cboe Global Markets Inc 937,027
Vodafone Group PLC 769,165
Old Mutual Ltd 731,136
Calatlantic Group Inc 683,783
Wells Fargo & Co 658,819
Swiss Life Holding AG 451,137
Standard Chartered PLC 438,274
Devon Energy Corp 420,499
IAC/InterActiveCorp 408,570
Luxottica Group SpA 391,078
Fresenius Medical Care AG & Co KGaA 371,364
LaSalle Hotel Properties 364,809
ArcelorMittal 347,843
Prysmian SpA 341,551
Resona Holdings Inc 329,684
FamilyMart UNY Holdings Co Ltd 326,149
Akzo Nobel NV 293,478
DBS Group Holdings Ltd 271,599
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 495
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
Global Short Fixed Income Fund
Cost
Largest Purchases EUR
Republic of Austria Government Bond Zero Coupon due 15/07/2023 115,585,942
Asian Development Bank 0.200% due 25/05/2023 63,540,851
Finland Government Bond 1.500% due 15/04/2023 58,397,148
European Stability Mechanism 0.100% due 31/07/2023 54,566,222
French Republic Government Bond OAT 1.750% due 25/05/2023 54,107,420
Kreditanstalt fuer Wiederaufbau 2.125% due 15/08/2023 53,483,773
European Stability Mechanism Zero Coupon due 18/10/2022 53,470,669
Norway Government Bond 2.000% due 24/05/2023 50,647,259
French Republic Government Bond OAT Zero Coupon due 25/03/2023 42,954,320
Finland Government Bond Zero Coupon due 15/09/2023 42,371,768
Kommuninvest I Sverige AB 0.750% due 22/02/2023 41,379,442
Nederlandse Waterschapsbank NV 0.125% due 25/09/2023 41,044,057
Caisse d'Amortissement de la Dette Sociale 0.125% due 25/10/2023 39,866,990
Bank Nederlandse Gemeenten 0.050% due 11/07/2023 38,726,969
Toronto-Dominion Bank 1.994% due 23/03/2022 37,255,401
Kingdom of Belgium Government International Bond 2.250% due 22/06/2023 35,769,022
UNEDIC ASSEO 2.250% due 05/04/2023 33,791,720
NRW Bank Zero Coupon due 10/08/2022 33,556,660
Council Of Europe Development Bank 0.125% due 25/05/2023 32,802,095
Caisse d'Amortissement de la Dette Sociale 0.125% due 25/11/2022 32,224,300
Landwirtschaftliche Rentenbank 0.050% due 12/06/2023 32,019,850
Kommunekredit 0.125% due 28/08/2023 27,046,586
European Financial Stability Facility Zero Coupon due 17/11/2022 26,593,965
European Investment Bank Zero Coupon due 16/10/2023 25,191,330
State of North Rhine-Westphalia Germany Zero Coupon due 05/12/2022 24,146,870
Sanofi 0.500% due 21/03/2023 23,898,812
Kingdom of Belgium Government Bond 4.250% due 28/09/2022 23,349,561
Finland Government Bond 1.625% due 15/09/2022 21,645,200
European Financial Stability Facility 0.125% due 17/10/2023 19,456,600
BNG Bank NV 0.500% due 26/08/2022 18,402,516
Sweden Government Bond 1.500% due 13/11/2023 18,281,344
Proceeds
Largest Sales EUR
Republic of Austria Government Bond Zero Coupon due 20/09/2022 109,825,871
French Republic Government Bond OAT Zero Coupon due 25/05/2022 63,262,990
European Stability Mechanism Zero Coupon due 18/10/2022 51,377,062
Finland Government Bond 1.500% due 15/04/2023 41,269,540
GE Capital International Funding Co Unlimited Co 2.342% due 15/11/2020 40,444,739
Singapore Government Bond 2.250% due 01/06/2021 34,474,320
Kreditanstalt fuer Wiederaufbau 0.625% due 04/07/2022 34,304,781
Exxon Mobil Corp 2.222% due 01/03/2021 31,980,188
Cooperatieve Rabobank UA 2.500% due 19/01/2021 30,949,724
Bank of Nova Scotia 2.450% due 22/03/2021 28,174,659
CPPIB Capital Inc 2.250% due 25/01/2022 27,354,319
Toronto-Dominion Bank 2.125% due 07/04/2021 26,976,828
Berkshire Hathaway Inc 2.200% due 15/03/2021 23,844,272
Province of Ontario Canada 2.400% due 08/02/2022 23,663,787
Kingdom of Belgium Government Bond 4.250% due 28/09/2022 23,186,670
Finland Government Bond 1.625% due 15/09/2022 21,627,368
Pfizer Inc 1.950% due 03/06/2021 20,716,280
Kommuninvest I Sverige AB 2.500% due 01/12/2020 19,683,102
FMS Wertmanagement 0.875% due 14/02/2022 19,433,794
Apple Inc 2.250% due 23/02/2021 18,611,178
Nordea Bank Abp 2.250% due 27/05/2021 18,396,641
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 496
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
Global Short Fixed Income Fund (continued)
Proceeds
Largest Sales (continued) EUR
BNG Bank NV 1.000% due 15/03/2022 17,758,097
BNG Bank NV 2.375% due 01/02/2022 16,726,299
Shell International Finance BV 2.125% due 11/05/2020 16,182,352
BNG Bank NV 1.625% due 19/04/2021 15,620,263
International Bank for Reconstruction & Development 1.375% due 24/05/2021 15,556,927
Coca-Cola Co 1.875% due 27/10/2020 15,440,987
Singapore Government Bond 1.250% due 01/10/2021 15,247,201
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 497
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
Global Short-Term Investment Grade Fixed Income Fund
Cost
Largest Purchases USD
Republic of Austria Government Bond Zero Coupon due 15/07/2023 19,898,007
European Financial Stability Facility 0.500% due 20/01/2023 12,566,517
American Honda Finance Corp 1.375% due 10/11/2022 10,180,094
Kommuninvest I Sverige AB 0.750% due 22/02/2023 9,782,234
UBS Group Funding Switzerland AG 1.750% due 16/11/2022 9,152,940
Kraft Heinz Foods Co 4.000% due 15/06/2023 8,984,070
Royal Bank of Scotland Group PLC 2.500% due 22/03/2023 8,651,496
Fluor Corp 1.750% due 21/03/2023 8,585,768
Ireland Government Bond Zero Coupon due 18/10/2022 8,296,356
Norway Government Bond 2.000% due 24/05/2023 8,132,653
DH Europe Finance SA 1.700% due 04/01/2022 7,787,979
Deutsche Telekom International Finance BV 6.500% due 08/04/2022 7,751,158
Honeywell International Inc 1.300% due 22/02/2023 7,680,436
Kellogg Co 0.800% due 17/11/2022 7,528,030
ABB Finance BV 0.625% due 03/05/2023 6,924,115
Mitsubishi UFJ Financial Group Inc 0.680% due 26/01/2023 6,489,386
Southern Power Co 1.000% due 20/06/2022 6,003,768
Asian Development Bank 0.200% due 25/05/2023 5,926,443
European Stability Mechanism 0.100% due 31/07/2023 5,857,018
Nationwide Building Society 0.625% due 19/04/2023 5,809,483
OP Corporate Bank PLC 0.375% due 29/08/2023 5,722,748
Toyota Motor Finance Netherlands BV 0.625% due 26/09/2023 5,458,513
Anheuser-Busch InBev SA/NV 0.800% due 20/04/2023 5,346,096
BAT International Finance PLC 3.625% due 09/11/2021 5,295,528
European Investment Bank 1.625% due 15/03/2023 4,990,092
Broadcom Corp / Broadcom Cayman Finance Ltd 2.650% due 15/01/2023 4,892,180
Dexia Credit Local SA 0.750% due 25/01/2023 4,891,992
National Australia Bank Ltd 3.000% due 20/01/2023 4,850,651
Enel Finance International NV 2.875% due 25/05/2022 4,799,955
HSBC France SA 0.600% due 20/03/2023 4,603,454
Siemens Financieringsmaatschappij NV 0.375% due 06/09/2023 4,600,671
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 498
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
Global Short-Term Investment Grade Fixed Income Fund (continued)
Proceeds
Largest Sales USD
Singapore Government Bond 2.250% due 01/06/2021 10,880,705
Agence Francaise de Developpement 1.625% due 21/01/2020 8,844,940
Network Rail Infrastructure Finance PLC 4.625% due 21/07/2020 8,565,552
GE Capital UK Funding Unlimited Co 5.875% due 04/11/2020 7,675,479
Anglo American Capital PLC 3.500% due 28/03/2022 7,169,729
Sweden Government Bond 5.000% due 01/12/2020 6,439,776
General Electric Co 0.375% due 17/05/2022 5,797,157
Svensk Exportkredit AB 2.000% due 30/08/2022 5,562,084
Kreditanstalt fuer Wiederaufbau 1.375% due 01/02/2021 5,277,536
Federal Home Loan Banks 2.375% due 13/12/2019 4,991,160
United States Treasury Note 1.250% due 15/12/2018 4,972,249
Municipality Finance PLC 2.375% due 15/03/2022 4,882,150
Svenska Handelsbanken AB 4.000% due 18/01/2019 3,949,524
Bank Nederlandse Gemeenten NV 1.125% due 24/05/2021 3,917,696
Commonwealth Bank of Australia 2.250% due 07/12/2018 3,811,917
European Financial Stability Facility 1.375% due 07/06/2021 3,637,504
Intel Corp 2.450% due 29/07/2020 3,010,350
United States Treasury Note 1.750% due 30/09/2019 2,976,904
Walt Disney Co 2.150% due 17/09/2020 2,950,200
European Investment Bank 2.250% due 07/03/2020 2,893,055
Bank of New York Mellon Corp 2.200% due 15/05/2019 2,888,429
Texas Instruments Inc 1.650% due 03/08/2019 2,769,284
ABN AMRO Bank NV 2.500% due 18/12/2018 2,629,479
Mizuho Bank Ltd 2.450% due 16/04/2019 2,596,152
Credit Suisse AG 2.300% due 28/05/2019 2,593,552
United States Treasury Note 2.000% due 31/07/2020 2,476,085
Amgen Inc 2.200% due 22/05/2019 2,368,872
Stryker Corp 2.000% due 08/03/2019 2,357,669
Ameriprise Financial Inc 5.300% due 15/03/2020 2,262,304
Occidental Petroleum Corp 4.100% due 01/02/2021 2,216,932
Macquarie Group Ltd 3.000% due 03/12/2018 2,102,520
Santander UK PLC 2.500% due 14/03/2019 1,996,100
American Express Credit Corp 2.250% due 05/05/2021 1,943,780
BPCE SA 2.500% due 10/12/2018 1,898,195
Svensk Exportkredit AB 1.875% due 21/12/2018 1,849,995
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 499
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
Global Small Companies Fund
Cost
Largest Purchases USD
WP Carey Inc 759,894
Kimco Realty Corp 757,151
US Foods Holding Corp 751,468
MarketAxess Holdings Inc 731,622
Apartment Investment & Management Co 697,541
Signature Bank 684,127
Forest City Realty Trust 635,972
Foot Locker Inc 634,859
Arrow Electronics Inc 631,042
Xerox Corp 621,425
New York Community Bancorp Inc 619,093
Jefferies Financial Group Inc 618,884
Leggett & Platt Inc 606,502
CIT Group Inc 598,412
Vereit Inc 595,337
Alkermes PLC 587,866
Hubbell Inc 584,111
Axalta Coating Systems Ltd 551,354
OGE Energy Corp 550,603
Crown Holdings Inc 548,352
Proceeds
Largest Sales USD
GrubHub Inc 1,126,617
Neurocrine Biosciences Inc 868,897
Take-Two Interactive Software Inc 855,456
Zebra Technologies Corp 827,248
IAC/InterActiveCorp 815,217
ABIOMED Inc 808,552
LEG Immobilien AG 802,451
Ultimate Software Group Inc 694,250
Lanxess AG 651,860
IPG Photonics Corp 649,212
GVC Holdings PLC 634,212
Ubisoft Entertainment SA 603,751
Calatlantic Group Inc 580,429
Logitech International SA 579,529
Prologis Inc 577,051
Alnylam Pharmaceuticals Inc 567,148
Concho Resources Inc 546,644
NRG Energy Inc 530,979
Evergy Inc 529,979
Cheniere Energy Inc 508,463
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 500
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
Global Sustainability Core Equity Fund
Cost
Largest Purchases USD
Dimensional Funds plc - Global Small Companies Fund - USD Distributing Class 3,100,000
Facebook Inc 855,170
Verizon Communications Inc 784,723
Amazon.com Inc 715,126
Procter & Gamble Co 699,729
Apple Inc 661,111
JPMorgan Chase & Co 620,747
Alphabet Inc, Class A 438,039
Alphabet Inc, Class C 381,278
NIKE Inc 365,288
Oracle Corp 332,418
Sony Corp 322,992
Roche Holding AG (non-voting rights) 276,178
Daimler AG 271,957
BASF SE 262,760
Abbott Laboratories 252,046
HP Inc 237,334
Johnson & Johnson 225,247
Walt Disney Co 216,600
Ford Motor Co 210,939
Proceeds
Largest Sales USD
Dimensional Funds plc - Global Small Companies Fund - USD Distributing Class 38,209,201
Dr Pepper Snapple Group Inc 132,159
Coca-Cola Co 123,536
Nutrien Ltd 71,301
Norfolk Southern Corp 69,270
XPO Logistics Inc 68,542
Fifth Third Bancorp 60,698
Cboe Global Markets Inc 59,815
Energen Corp 59,738
OGE Energy Corp 59,424
Restaurant Brands International Inc 58,070
Vornado Realty Trust 56,220
CalAtlantic Group Inc 55,363
Toyota Tsusho Corp 55,175
Yamato Holdings Co Ltd 49,320
Otsuka Holdings Co Ltd 49,192
United States Steel Corp 42,614
National Fuel Gas Co 42,227
Peabody Energy Corp 38,849
Bollore SA 37,384
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 501
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
Global Targeted Value Fund
Cost
Largest Purchases USD
Perrigo Co PLC 7,524,881
Molson Coors Brewing Co 6,870,191
Nielsen Holdings PLC 6,735,859
Noble Energy Inc 5,958,561
Eastman Chemical Co 5,689,590
Vistra Energy Corp 5,687,116
Athene Holding Ltd 5,610,188
TechnipFMC PLC 5,538,729
Ball Corp 5,462,722
Kingfisher PLC 5,437,715
Newell Brands Inc 5,390,049
Sensata Technologies Holding PLC 5,376,411
Signature Bank 5,237,342
Voya Financial Inc 5,175,703
Cimarex Energy Co 5,170,367
Fortune Brands Home & Security Inc 5,035,312
Invesco Ltd 4,973,420
JM Smucker Co 4,864,455
LogMeIn Inc 4,583,068
SCOR SE 4,496,338
Proceeds
Largest Sales USD
Comerica Inc 7,155,176
Ball Corp 6,646,263
Swiss Life Holding AG 6,261,008
Pearson PLC 6,081,108
Everest Re Group Ltd 5,892,441
SVB Financial Group 5,805,231
XL Group Ltd 5,717,871
Stora Enso Oyj 5,667,821
Concho Resources Inc 5,197,013
Teledyne Technologies Inc 5,105,084
PerkinElmer Inc 5,057,613
Neste Oyj 4,958,485
Flowserve Corp 4,753,238
FLIR Systems Inc 4,705,480
Lennar Corp 4,610,656
Alleghany Corp 4,607,938
Bluescope Steel Ltd 4,511,937
Hologic Inc 4,486,927
WEX Inc 4,386,258
J Sainsbury PLC 4,337,865
SCOR SE 4,267,444
Calatlantic Group Inc 4,254,983
Gap Inc 4,113,892
Deutsche Lufthansa AG 4,082,097
Valeant Pharmaceuticals Intl Inc 4,071,136
CIT Group Inc 3,981,373
Santos Ltd 3,828,734
Molina Healthcare Inc 3,772,967
Aegon NV 3,622,980
Crane Co 3,620,316
Columbia Sportswear Co 3,569,423
Faurecia SA 3,537,347
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 502
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
Global Ultra Short Fixed Income Fund
Cost
Largest Purchases GBP
BNG Bank NV 1.875% due 12/07/2018 15,145,500
Kommuninvest I Sverige AB 0.001% due 20/06/2018 13,346,939
Toyota Credit Canada Inc 2.480% due 19/11/2019 13,334,550
FMS Wertmanagement 1.250% due 08/03/2019 12,352,324
Toronto-Dominion Bank 1.693% due 02/04/2020 11,726,584
Kreditanstalt fuer Wiederaufbau 2.750% due 15/07/2020 11,391,077
European Investment Bank 1.500% due 02/01/2019 10,078,800
Royal Bank of Canada 2.770% due 11/12/2018 6,787,579
JPMorgan Chase & Co 1.875% due 10/02/2020 6,670,860
Dexia Credit Local SA 1.125% due 24/02/2019 6,511,075
Sherwin-Williams Co 2.250% due 15/05/2020 6,394,310
Canadian When Issued Government Bond 0.750% due 01/08/2019 6,340,433
Svensk Exportkredit AB 1.875% due 21/12/2018 6,339,748
Kreditanstalt fuer Wiederaufbau 1.625% due 05/06/2020 6,079,080
Republic of Ireland 4.500% due 18/10/2018 5,986,343
Medtronic Inc 2.500% due 15/03/2020 5,898,865
GE Capital UK Funding Unlimited Co 2.375% due 19/12/2018 5,723,794
Biogen Inc 2.900% due 15/09/2020 5,328,605
Santander UK PLC 1.875% due 17/02/2020 5,298,013
Express Scripts Holding Co 2.250% due 15/06/2019 5,181,529
Proceeds
Largest Sales GBP
BNG Bank NV 1.875% due 12/07/2018 15,034,950
European Investment Bank 1.500% due 02/01/2019 10,038,000
Kommuninvest I Sverige AB 0.001% due 20/06/2018 8,490,695
Singapore Government Bond 0.500% due 04/01/2018 7,752,692
Province of British Columbia Canada 4.650% due 18/12/2018 6,791,979
Svensk Exportkredit AB 1.875% due 21/12/2018 6,298,710
Apple Inc 2.671% due 08/02/2019 6,190,451
Societe Generale SA 5.000% due 20/12/2018 6,174,347
Natwest Markets PLC 6.625% due 17/09/2018 5,905,903
Republic of Ireland 4.500% due 18/10/2018 5,819,888
Nordrhein Westfalen Zero Coupon due 23/11/2018 4,521,750
European Bank for Reconstruction & Development 1.625% due 15/11/2018 4,206,660
ING Bank NV 3.250% due 04/03/2019 4,172,184
Canadian When Issued Government Bond 0.750% due 01/08/2019 4,114,994
Kingdom of Belgium Government Bond 1.125% due 21/12/2018 3,992,706
Chevron Corp 2.797% due 28/02/2019 3,902,311
Unilever PLC 2.000% due 19/12/2018 3,778,048
United States Treasury Note 0.750% due 15/02/2019 3,705,480
JPMorgan Chase & Co 6.300% due 23/04/2019 3,664,632
Pfizer Inc 2.100% due 03/08/2019 3,660,853
FMS Wertmanagement 1.250% due 08/03/2019 3,304,501
Nederlandse Waterschapsbank NV 0.875% due 13/07/2018 3,135,468
Mattel Inc 2.350% due 05/06/2019 3,052,763
Caisse d'Amortissement de la Dette Sociale 1.500% due 28/01/2019 2,985,410
Commonwealth Bank of Australia 1.375% due 09/06/2018 2,976,456
Credit Suisse AG 2.300% due 28/05/2019 2,946,373
International Bank for Reconstruction & Development 2.125% due 30/10/2018 2,835,490
Procter & Gamble Co 1.600% due 15/11/2018 2,731,043
McDonald's Corp 1.875% due 29/05/2019 2,618,330
Apple Inc 3.497% due 22/02/2019 2,425,098
Japan Bank for International Cooperation 1.750% due 13/11/2018 2,400,095
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 503
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
Global Ultra Short Fixed Income Fund (continued)
Proceeds
Largest Sales (continued) GBP
Becton Dickinson and Co 2.133% due 06/06/2019 2,384,480
FMS Wertmanagement 2.918% due 02/11/2019 2,235,328
Shell International Finance BV 1.375% due 05/10/2019 2,231,953
International Bank for Reconstruction & Development 1.875% due 30/05/2019 2,226,593
National Australia Bank Ltd 2.946% due 29/08/2019 2,222,136
Citigroup Inc 2.550% due 04/08/2019 2,213,170
Province of Ontario Canada 2.000% due 27/09/2018 2,176,423
Royal Bank of Canada 1.800% due 30/07/2018 2,021,043
Morgan Stanley 7.300% due 13/05/2019 1,956,857
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 504
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
Global Value Fund
Cost
Largest Purchases USD
Exxon Mobil Corp 5,152,480
Pfizer Inc 3,922,182
Berkshire Hathaway Inc 3,875,477
Banco Santander SA 2,815,452
United Technologies Corp 2,548,844
Ford Motor Co 2,508,877
ConocoPhillips 2,390,596
Walmart Inc 2,388,341
Total SA 2,386,780
British American Tobacco PLC 2,292,410
Air Products & Chemicals Inc 2,053,865
Chevron Corp 1,926,907
Broadcom Inc 1,892,345
FedEx Corp 1,856,062
Cigna Corp 1,839,905
DowDuPont Inc 1,775,759
Capital One Financial Corp 1,771,541
Bank of America Corp 1,769,704
AT&T Inc 1,741,578
Southwest Airlines Co 1,731,995
Proceeds
Largest Sales USD
Cisco Systems Inc 4,886,329
Walmart Inc 3,460,352
JPMorgan Chase & Co 2,503,163
Target Corp 2,082,838
BHP Billiton Ltd 1,700,974
QUALCOMM Inc 1,386,884
BP PLC 1,285,794
Total SA 1,199,006
Humana Inc 1,159,151
Anadarko Petroleum Corp 1,103,260
Ford Motor Co 1,084,600
Banco Santander SA 1,071,876
Valero Energy Corp 1,054,958
Freeport-McMoRan Inc 1,054,327
Royal Dutch Shell PLC, Class B 1,016,222
Norfolk Southern Corp 987,686
Anglo American PLC 897,614
Royal Dutch Shell PLC, Class A 879,261
BASF SE 841,624
Cie Financiere Richemont SA 828,662
Deutsche Telekom AG 793,732
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 505
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
Pacific Basin Small Companies Fund
Cost
Largest Purchases USD
Miraca Holdings Inc 170,911
Fujikura Ltd 153,710
Ibiden Co Ltd 150,746
Mitsui Mining & Smelting Co Ltd 145,167
Dowa Holdings Co Ltd 130,929
NTN Corp 125,107
Glory Ltd 120,291
Magellan Financial Group Ltd 114,483
Lynas Corp Ltd 110,351
Kawasaki Kisen Kaisha Ltd 109,369
Li & Fung Ltd 106,237
Melco International Development Ltd 103,769
Domino's Pizza Enterprises Ltd 102,636
Aiful Corp 94,281
Value Partners Group Ltd 92,654
Ain Holdings Inc 88,744
Altium Ltd 86,842
Kenedix Inc 85,933
Ulvac Inc 78,729
Cleanaway Waste Management Ltd 78,621
Proceeds
Largest Sales USD
A2 Milk Co Ltd 474,923
Aica Kogyo Co Ltd 364,746
Anritsu Corp 289,188
Tabcorp Holdings Ltd 258,010
Taiyo Yuden Co Ltd 247,418
NagaCorp Ltd 235,646
Tokai Carbon Co Ltd 235,127
Evolution Mining Ltd 229,449
ComfortDelGro Corp Ltd 224,090
Cosmo Energy Holdings Co Ltd 216,371
Singapore Press Holdings Ltd 214,426
GMO internet Inc 211,727
Capcom Co Ltd 191,917
Tokuyama Corp 191,089
Northern Star Resources Ltd 189,269
WorleyParsons Ltd 179,166
Nihon Kohden Corp 174,705
Nippon Gas Co Ltd 168,818
Sawai Pharmaceutical Co Ltd 168,573
Takara Holdings Inc 162,445
Kyowa Exeo Corp 160,930
Orient Overseas International Ltd 142,981
ZERIA Pharmaceutical Co Ltd 131,950
Toda Corp 125,231
TS Tech Co Ltd 121,372
Nihon Unisys Ltd 119,673
Fuji Oil Holdings Inc 115,783
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 506
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
Sterling Inflation Linked Intermediate Duration Fixed Income Fund
Cost
Largest Purchases GBP
United Kingdom Gilt Inflation Linked, Series 3MO 0.750% due 22/03/2034 80,987,105
United Kingdom Gilt Inflation Linked, Series 3MO 1.250% due 22/11/2032 34,765,728
United Kingdom Gilt Inflation Linked, Series 8MO 4.125% due 22/07/2030 25,460,507
United Kingdom Gilt Inflation Linked, Series 3MO 0.125% due 22/03/2029 20,891,744
United Kingdom Gilt Inflation Linked, Series 8MO 2.500% due 17/07/2024 15,712,395
Proceeds
Largest Sales GBP
United Kingdom Gilt Inflation Linked, Series 8MO 2.500% due 16/04/2020 46,038,999
United Kingdom Gilt Inflation Linked, Series 3MO 0.125% due 22/03/2024 24,373,373
United Kingdom Gilt Inflation Linked, Series 3MO 1.250% due 22/11/2027 21,623,878
United Kingdom Gilt Inflation Linked, Series 8MO 2.500% due 17/07/2024 11,794,250
United Kingdom Gilt Inflation Linked, Series 3MO 0.125% due 22/03/2026 6,193,614
United Kingdom Gilt Inflation Linked, Series 3MO 1.250% due 22/11/2032 5,937,319
United Kingdom Gilt Inflation Linked, Series 8MO 4.125% due 22/07/2030 3,729,020
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 507
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
U.S. Core Equity Fund
Cost
Largest Purchases USD
Apple Inc 405,090
Microsoft Corp 287,527
Berkshire Hathaway Inc 228,835
Amazon.com Inc 222,213
Verizon Communications Inc 188,825
Facebook Inc 180,898
DowDuPont Inc 127,953
Intel Corp 101,349
Johnson & Johnson 95,652
Walt Disney Co 89,177
Broadcom Inc 89,141
Home Depot Inc 83,460
Exxon Mobil Corp 83,124
Visa Inc 81,853
International Business Machines Corp 77,000
Altria Group Inc 74,329
ConocoPhillips 73,819
Caterpillar Inc 62,512
Mastercard Inc 59,644
Kroger Co 58,507
Proceeds
Largest Sales USD
Comcast Corp 69,279
Microsoft Corp 65,109
Bank of America Corp 60,760
QUALCOMM Inc 56,196
Visa Inc 49,383
Best Buy Co Inc 46,539
AbbVie Inc 39,172
T Rowe Price Group Inc 38,943
Citigroup Inc 35,436
Cisco Systems Inc 34,542
Abbott Laboratories 31,907
Charter Communications Inc 31,883
AGCO Corp 30,829
Chevron Corp 29,739
ONEOK Inc 29,728
NRG Energy Inc 24,039
Dr Pepper Snapple Group Inc 23,615
Danaher Corp 23,169
Arista Networks Inc 22,256
Tapestry Inc 21,010
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 508
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
U.S. Small Companies Fund
Cost
Largest Purchases USD
First Hawaiian Inc 525,435
Allegheny Technologies Inc 484,013
Penske Automotive Group Inc 451,211
OneMain Holdings Inc 409,091
Range Resources Corp 386,729
Acadia Healthcare Co Inc 340,571
Investors Bancorp Inc 333,155
Alarm.Com Holdings Inc 326,413
Patterson-UTI Energy Inc 322,070
FNB Corp 319,349
Valvoline Inc 304,767
Transocean Ltd 291,938
Yelp Inc 282,676
Cable One Inc 282,453
Signet Jewelers Ltd 276,519
Essent Group Ltd 275,908
Peabody Energy Corp 254,851
MEDNAX Inc 251,653
BankUnited Inc 246,956
Chesapeake Energy Corp 245,730
Proceeds
Largest Sales USD
Knight-Swift Transportation Holdings Inc 664,990
Kirby Corp 469,502
Transocean Ltd 434,479
Urban Outfitters Inc 416,434
Coherent Inc 395,430
National Beverage Corp 393,194
ICU Medical Inc 386,210
Paycom Software Inc 350,135
Chemed Corp 346,641
Integra LifeSciences Holdings Corp 344,560
Littelfuse Inc 327,144
Grand Canyon Education Inc 310,371
MKS Instruments Inc 308,155
Aerovironment Inc 300,534
First Horizon National Corp 284,096
Pegasystems Inc 271,688
Blackbaud Inc 267,019
RealPage Inc 260,794
Iberiabank Corp 257,614
BGC Partners Inc 252,397
Air Transport Services Group Inc 251,973
Weatherford International PLC 250,287
Weight Watchers International Inc 241,671
Liberty Interactive Corp QVC Group 234,929
Globus Medical Inc 233,408
Molina Healthcare Inc 233,367
Associated Banc Corp 232,145
Entegris Inc 231,082
Patterson-UTI Energy Inc 231,051
Delek US Holdings Inc 229,912
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 509
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
World Allocation 20/80 Fund
Cost
Largest Purchases GBP
Dimensional Funds plc - World Equity Fund - GBP Distributing Class 7,714,444
Dimensional Funds plc - Global Ultra Short Fixed Income Fund - GBP Distributing Class 6,987,022
Dimensional Funds plc - Global Short Fixed Income Fund - GBP Distributing Class 6,664,009
Dimensional Funds ICVC - Global Short-Dated Bond Fund - GBP Income Class 5,845,435
Dimensional Funds plc - Global Short-Term Investment Grade Fixed Income Fund - GBP Distributing Class 5,828,199
United Kingdom Gilt 2.000% due 22/07/2020 4,095,974
United Kingdom Gilt 1.750% due 22/07/2019 2,515,042
Dimensional Funds plc - Global Core Equity Fund - GBP Distributing Class 775,843
United Kingdom Gilt 4.500% due 07/03/2019 509,724
Network Rail Infrastructure Finance PLC 4.625% due 21/07/2020 214,622
Kreditanstalt fuer Wiederaufbau 1.625% due 05/06/2020 202,652
FMS Wertmanagement 1.875% due 07/12/2018 201,898
United Kingdom Gilt 1.250% due 22/07/2018 158,442
Export Development Canada 1.875% due 17/12/2018 146,521
Export Development Canada 1.375% due 16/12/2019 100,693
Council of Europe Development Bank 1.875% due 22/12/2018 71,623
Proceeds
Largest Sales GBP
Dimensional Funds plc - World Equity Fund - GBP Distributing Class 1,976,266
Dimensional Funds plc - Global Short Fixed Income Fund - GBP Distributing Class 1,113,519
Dimensional Funds plc - Global Short-Term Investment Grade Fixed Income Fund - GBP Distributing Class 882,767
Dimensional Funds plc - Global Ultra Short Fixed Income Fund - GBP Distributing Class 606,574
Dimensional Funds ICVC - Global Short-Dated Bond Fund - GBP Income Class 270,487
United Kingdom Gilt 5.000% due 07/03/2018 188,668
Dimensional Funds plc - Global Core Equity Fund - GBP Distributing Class 170,338
United Kingdom Gilt 1.250% due 22/07/2018 120,415
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 510
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
World Allocation 40/60 Fund
Cost
Largest Purchases GBP
Dimensional Funds plc - Global Short Fixed Income Fund - GBP Distributing Class 30,409,817
Dimensional Funds ICVC - Global Short-Dated Bond Fund - GBP Income Class 30,040,478
Dimensional Funds plc - World Equity Fund - GBP Distributing Class 29,431,122
Dimensional Funds plc - Global Core Equity Fund - GBP Distributing Class 25,475,721
Dimensional Funds plc - Global Short-Term Investment Grade Fixed Income Fund - GBP Distributing Class 20,231,307
Dimensional Funds plc - Global Ultra Short Fixed Income Fund - GBP Distributing Class 19,458,760
Dimensional Funds plc - Global Targeted Value Fund - GBP Distributing Class 6,784,794
Dimensional Funds ICVC - Emerging Markets Core Equity Fund - GBP Income Class 3,969,142
Proceeds
Largest Sales GBP
Dimensional Funds plc - Global Short Fixed Income Fund - GBP Distributing Class 3,019,293
Dimensional Funds ICVC - Global Short-Dated Bond Fund - GBP Income Class 2,726,786
Dimensional Funds plc - Global Short-Term Investment Grade Fixed Income Fund - GBP Distributing Class 1,770,903
Dimensional Funds plc - Global Ultra Short Fixed Income Fund - GBP Distributing Class 1,722,182
Dimensional Funds plc - Global Targeted Value Fund - GBP Distributing Class 1,721,174
Dimensional Funds plc - World Equity Fund - GBP Distributing Class 1,597,804
Dimensional Funds plc - Global Core Equity Fund - GBP Distributing Class 296,908
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 511
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
World Allocation 60/40 Fund
Cost
Largest Purchases GBP
Dimensional Funds plc - Global Short Fixed Income Fund - GBP Distributing Class 140,724,372
Dimensional Funds plc - World Equity Fund - GBP Distributing Class 48,670,978
Dimensional Funds plc - Global Core Equity Fund - GBP Distributing Class 44,654,689
Dimensional Funds ICVC - International Core Equity Fund - GBP Income Class 38,827,090
Dimensional Funds plc - Global Short-Term Investment Grade Fixed Income Fund - GBP Distributing Class 37,925,274
Dimensional Funds ICVC - Global Short-Dated Bond Fund - GBP Income Class 25,154,602
Dimensional Funds plc - Global Targeted Value Fund - GBP Distributing Class 22,624,914
Dimensional Funds plc - Global Ultra Short Fixed Income Fund - GBP Distributing Class 13,993,341
Dimensional Funds ICVC - Emerging Markets Core Equity Fund - GBP Income Class 12,502,418
Proceeds
Largest Sales GBP
Dimensional Funds ICVC - Global Short-Dated Bond Fund - GBP Income Class 99,908,015
Dimensional Funds plc - Global Short Fixed Income Fund - GBP Distributing Class 6,564,220
Dimensional Funds plc - Global Short-Term Investment Grade Fixed Income Fund - GBP Distributing Class 6,213,609
Dimensional Funds ICVC - International Core Equity Fund - GBP Income Class 4,565,895
Dimensional Funds plc - Global Targeted Value Fund - GBP Distributing Class 1,851,811
Dimensional Funds plc - Global Ultra Short Fixed Income Fund - GBP Distributing Class 1,393,536
Dimensional Funds plc - Global Core Equity Fund - GBP Distributing Class 633,693
Dimensional Funds plc - World Equity Fund - GBP Distributing Class 633,693
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 512
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
World Allocation 80/20 Fund
Cost
Largest Purchases GBP
Dimensional Funds plc - Global Short Fixed Income Fund - GBP Distributing Class 17,109,172
Dimensional Funds plc - Global Targeted Value Fund - GBP Distributing Class 14,847,120
Dimensional Funds plc - World Equity Fund - GBP Distributing Class 14,090,436
Dimensional Funds plc - Global Core Equity Fund - GBP Distributing Class 13,395,659
Dimensional Funds ICVC - International Core Equity Fund - GBP Income Class 12,793,923
Dimensional Funds plc - Global Short-Term Investment Grade Fixed Income Fund - GBP Distributing Class 8,435,382
Dimensional Funds ICVC - Emerging Markets Core Equity Fund - GBP Income Class 5,887,631
Dimensional Funds ICVC - Global Short-Dated Bond Fund - GBP Income Class 3,273,565
Dimensional Funds ICVC - UK Core Equity Fund - GBP Income Class 434,882
Proceeds
Largest Sales GBP
Dimensional Funds ICVC - Global Short-Dated Bond Fund - GBP Income Class 12,707,080
Dimensional Funds plc - Global Short-Term Investment Grade Fixed Income Fund - GBP Distributing Class 1,021,504
Dimensional Funds plc - World Equity Fund - GBP Distributing Class 602,830
Dimensional Funds plc - Global Core Equity Fund - GBP Distributing Class 602,830
Dimensional Funds plc - Global Targeted Value Fund - GBP Distributing Class 576,098
Dimensional Funds plc - Global Short Fixed Income Fund - GBP Distributing Class 400,372
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 513
Statement of Portfolio Changes (unaudited)
for the year ended 30 November 2018 (continued)
World Equity Fund
Cost
Largest Purchases GBP
Berkshire Hathaway Inc 3,770,272
Verizon Communications Inc 3,104,060
Facebook Inc 2,415,580
BP PLC 1,784,615
Exxon Mobil Corp 1,609,485
DowDuPont Inc 1,289,265
Alphabet Inc, Class C 1,130,797
Procter & Gamble Co 1,057,899
EOG Resources Inc 1,017,369
Alphabet Inc, Class A 1,014,780
Amazon.com Inc 960,785
International Business Machines Corp 844,783
LyondellBasell Industries NV 796,190
Anadarko Petroleum Corp 789,683
Canadian Natural Resources Ltd 783,131
Royal Dutch Shell PLC, Class B 746,984
Glencore PLC 717,831
Viacom Inc, Class B 712,549
JPMorgan Chase & Co 677,456
HSBC Holdings PLC 662,965
Proceeds
Largest Sales GBP
Verizon Communications Inc 838,698
CSX Corp 621,717
Deere & Co 580,782
QUALCOMM Inc 569,330
IAC/InterActiveCorp 532,713
Medtronic PLC 470,680
Dr Pepper Snapple Group Inc 432,023
Akzo Nobel NV 431,879
Calatlantic Group Inc 370,822
UnitedHealth Group Inc 368,865
Activision Blizzard Inc 363,119
Country Garden Holdings Co Ltd 360,874
Cboe Global Markets Inc 348,723
T-Mobile US Inc 328,860
Becton Dickinson and Co 323,307
Take-Two Interactive Software Inc 290,801
RWE AG 287,631
Sprint Corp 265,892
Synopsys Inc 247,599
Keysight Technologies Inc 227,851
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 514
Remuneration Policy (unaudited)
In accordance with the European Communities (UCITS) Regulations 2011, as amended, the Company adopted a remuneration policy on
11 November 2016 which in the case of the Company, only applies to certain Directors as it has no employees. The second annual review has
taken place and no changes were made.
The Directors of the Company who are separately employed by the Investment Manager or its affiliated entities do not receive remuneration from
the Company for acting in their capacity as Directors. The other 3 persons who acted as director during the period in question receive a fixed fee
only and do not receive performance-based or variable remuneration. The fixed fees payable to such members of the Board of Directors reflect
amounts provided for in the Company's Prospectus are set at a level based on considerations including, without limitation, the market rate, the
qualifications and contribution required in view of the nature, scope and complexity of the Company’s activities, the extent of the responsibilities and
the number of board meetings and is subject to review from time to time. The aggregate amount of remuneration paid to those Directors for the
financial year was EUR82,572 (2017: EUR73,704).
Further details will be available on the Company's website www.dimensional.com. A paper copy of this information provided on the website is
available free of charge following a request to the Company.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 515
Securities Financing Transactions (unaudited)
Emerging Markets Large Cap Core Equity Fund
Data displayed in '000's
1. Global Data
Proportion of securities and commodities on loan USD %
Total lendable assets excluding cash and cash equivalents: 310,177
Securities and commodities on loan 36,190 11.67
Assets engaged in SFTs and total return swaps USD %
Fund assets under management (AUM) 419,211
Absolute value of assets engaged in:
Securities lending 36,190 8.63
2. Concentration Data
Top 10 Collateral Issuers
Name and value of collateral and commodities received USD
United States 12,861
French Republic 9,784
Republic of Germany 5,089
Kingdom of the Netherlands 4,248
United Kingdom 2,958
Kingdom of Belgium 1,584
Canada 253
Republic of Austria 144
Republic of Finland 144
Kingdom of Sweden 51
Top 10 Counterparties
Name and value of outstanding transactions USD
Securities lending
UBS AG 9,110
Deutsche Bank AG 7,469
Merrill Lynch International 4,848
Macquarie Bank Limited 3,482
UBS Limited 3,271
Credit Suisse AG (Dublin Branch) 2,272
Credit Suisse Securities (Europe) Limited 1,552
Morgan Stanley & Co. International Plc 1,052
Barclays Capital Securities Limited 1,037
JP Morgan Securities Plc 640
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 516
Securities Financing Transactions (unaudited) (continued)
Emerging Markets Large Cap Core Equity Fund (continued)
Data displayed in '000's
3. Aggregate transaction data
Type, Quality and Currency of Collateral Type
Type Quality Currencies USD
Bonds Investment Grade Euro 20,993
Bonds Investment Grade United States Dollar 12,861
Bonds Investment Grade Pound Sterling 2,958
Bonds Investment Grade Canadian Dollar 253
Bonds Investment Grade Swedish Krona 51
Cash Collateral Investment Grade United States Dollar 1,662
Maturity Tenor of Collateral (remaining period to maturity)
One day to one One week to one One to three Three months to one
Type Less than one day week month months year Over one year Open maturity
Securities lending 1,662 9 677 1,375 3,546 31,509 –
1,662 9 677 1,375 3,546 31,509 –
Counterparty details
Countries of counterparty Settlement and
Type establishment clearing USD
Securities lending United Kingdom Bi-lateral 12,265
Securities lending Switzerland Bi-lateral 8,929
Securities lending Australia Bi-lateral 3,784
Securities lending Germany Bi-lateral 1,719
Securities lending Ireland Bi-lateral 1,057
Securities lending France Bi-lateral 640
Securities lending Canada Bi-lateral 160
Securities lending Germany Tri-party 6,097
Securities lending United Kingdom Tri-party 2,096
Securities lending Ireland Tri-party 1,283
Securities lending Switzerland Tri-party 748
4. Safekeeping of Collateral Received
Names and value of custodians safekeeping collateral USD
JP Morgan 8,050
Bank of New York 2,175
Number of custodians safekeeping collateral 2
5. Return and Cost
Please refer to the Statement of Comprehensive Income and Note 4 for details of income and associated costs.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 517
Securities Financing Transactions (unaudited) (continued)
Emerging Markets Value Fund
Data displayed in '000's
1. Global Data
Proportion of securities and commodities on loan USD %
Total lendable assets excluding cash and cash equivalents: 1,304,806
Securities and commodities on loan 125,662 9.63
Assets engaged in SFTs and total return swaps USD %
Fund assets under management (AUM) 1,924,352
Absolute value of assets engaged in:
Securities lending 125,662 6.53
2. Concentration Data
Top 10 Collateral Issuers
Name and value of collateral and commodities received USD
United States 71,539
French Republic 27,569
Republic of Germany 9,512
United Kingdom 9,020
Kingdom of the Netherlands 7,617
Kingdom of Belgium 3,828
Canada 526
Republic of Austria 496
Republic of Finland 487
Australia 190
Top 10 Counterparties
Name and value of outstanding transactions USD
Securities lending
Merrill Lynch International 29,591
Barclays Capital Securities Limited 20,660
UBS AG 13,797
Credit Suisse Securities (Europe) Limited 10,930
Deutsche Bank AG 9,393
UBS Limited 8,873
JP Morgan Securities Plc 7,704
Citigroup Global Markets Limited 4,637
Morgan Stanley & Co. International Plc 3,797
Macquarie Bank Limited 3,660
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 518
Securities Financing Transactions (unaudited) (continued)
Emerging Markets Value Fund (continued)
Data displayed in '000's
3. Aggregate transaction data
Type, Quality and Currency of Collateral Type
Type Quality Currencies USD
Bonds Investment Grade United States Dollar 71,539
Bonds Investment Grade Euro 49,509
Bonds Investment Grade Pound Sterling 9,020
Bonds Investment Grade Canadian Dollar 526
Bonds Investment Grade Australian Dollar 190
Bonds Investment Grade Swedish Krona 34
Cash Collateral Investment Grade United States Dollar 5,147
Maturity Tenor of Collateral (remaining period to maturity)
One day to one One week to one One to three Three months to one
Type Less than one day week month months year Over one year Open maturity
Securities lending 5,147 21 1,826 3,769 13,915 111,287 –
5,147 21 1,826 3,769 13,915 111,287 –
Counterparty details
Countries of counterparty Settlement and
Type establishment clearing USD
Securities lending United Kingdom Bi-lateral 90,241
Securities lending Switzerland Bi-lateral 11,938
Securities lending Germany Bi-lateral 7,151
Securities lending Australia Bi-lateral 4,053
Securities lending France Bi-lateral 2,284
Securities lending Netherlands Bi-lateral 1,393
Securities lending Ireland Bi-lateral 1,313
Securities lending Canada Bi-lateral 370
Securities lending United Kingdom Tri-party 11,091
Securities lending Germany Tri-party 3,370
Securities lending Switzerland Tri-party 2,704
Securities lending France Tri-party 57
4. Safekeeping of Collateral Received
Names and value of custodians safekeeping collateral USD
Bank of New York 10,678
JP Morgan 6,544
Number of custodians safekeeping collateral 2
5. Return and Cost
Please refer to the Statement of Comprehensive Income and note 4 for details of income and associated costs.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 519
Securities Financing Transactions (unaudited) (continued)
Euro Inflation Linked Intermediate Duration Fixed Income Fund
Data displayed in '000's
1. Global Data
Proportion of securities and commodities on loan EUR %
Total lendable assets excluding cash and cash equivalents: 31,675
Securities and commodities on loan – –
Assets engaged in SFTs and total return swaps EUR %
Fund assets under management (AUM) 33,019
2. Return and Cost
Please refer to the Statement of Comprehensive Income and note 4 for details of income and associated costs.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 520
Securities Financing Transactions (unaudited) (continued)
European Small Companies Fund
Data displayed in '000's
1. Global Data
Proportion of securities and commodities on loan EUR %
Total lendable assets excluding cash and cash equivalents: 171,190
Securities and commodities on loan 30,881 18.04
Assets engaged in SFTs and total return swaps EUR %
Fund assets under management (AUM) 174,871
Absolute value of assets engaged in:
Securities lending 30,881 17.66
2. Concentration Data
Top 10 Collateral Issuers
Name and value of collateral and commodities received EUR
French Republic 6,983
United Kingdom 5,180
United States 3,964
Republic of Germany 3,712
Kingdom of Belgium 3,153
Kingdom of the Netherlands 2,221
Republic of Austria 1,648
Republic of Finland 1,520
Kingdom of Sweden 855
Canada 822
Top 10 Counterparties
Name and value of outstanding transactions EUR
Securities lending
Morgan Stanley & Co. International Plc 7,113
Credit Suisse AG (Dublin Branch) 4,554
Barclays Capital Securities Limited 4,394
UBS AG 3,977
Deutsche Bank AG 2,267
Goldman Sachs International 1,535
Citigroup Global Markets Limited 1,518
Merrill Lynch International 1,465
JP Morgan Securities Plc 1,042
Bank of Nova Scotia 916
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 521
Securities Financing Transactions (unaudited) (continued)
European Small Companies Fund (continued)
Data displayed in '000's
3. Aggregate transaction data
Type, Quality and Currency of Collateral Type
Type Quality Currencies EUR
Bonds Investment Grade Euro 19,237
Bonds Investment Grade Pound Sterling 5,180
Bonds Investment Grade United States Dollar 3,964
Bonds Investment Grade Swedish Krona 855
Bonds Investment Grade Canadian Dollar 822
Bonds Investment Grade Australian Dollar 10
Cash Collateral Investment Grade United States Dollar 3,349
Maturity Tenor of Collateral (remaining period to maturity)
One day to one One week to one One to three Three months to
Type Less than one day week month months one year Over one year Open maturity
Securities lending 3,349 232 91 127 1,119 28,499 –
3,349 232 91 127 1,119 28,499 –
Counterparty details
Countries of counterparty Settlement and
Type establishment clearing EUR
Securities lending United Kingdom Bi-lateral 4,644
Securities lending Germany Bi-lateral 1,927
Securities lending Switzerland Bi-lateral 1,905
Securities lending France Bi-lateral 1,114
Securities lending Canada Bi-lateral 982
Securities lending Ireland Bi-lateral 464
Securities lending United Kingdom Tri-party 14,234
Securities lending Ireland Tri-party 4,689
Securities lending Switzerland Tri-party 2,308
Securities lending France Tri-party 606
Securities lending Germany Tri-party 522
Securities lending Netherlands Tri-party 22
4. Safekeeping of Collateral Received
Names and value of custodians safekeeping collateral EUR
Bank of New York 16,257
JP Morgan 6,124
Number of custodians safekeeping collateral 2
5. Return and Cost
Please refer to the Statement of Comprehensive Income and note 4 for details of income and associated costs.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 522
Securities Financing Transactions (unaudited) (continued)
European Value Fund
Data displayed in '000's
1. Global Data
Proportion of securities and commodities on loan EUR %
Total lendable assets excluding cash and cash equivalents: 100,801
Securities and commodities on loan 3,085 3.06
Assets engaged in SFTs and total return swaps EUR %
Fund assets under management (AUM) 101,313
Absolute value of assets engaged in:
Securities lending 3,085 3.05
2. Concentration Data
Top 10 Collateral Issuers
Name and value of collateral and commodities received EUR
Republic of Germany 907
French Republic 460
United Kingdom 409
United States 363
Kingdom of the Netherlands 193
Republic of Austria 172
Kingdom of Belgium 166
Republic of Finland 148
Canada 79
Kingdom of Sweden 28
Top 10 Counterparties
Name and value of outstanding transactions EUR
Securities lending
BNP Paribas Arbitrage SNC 728
Credit Suisse AG (Dublin Branch) 655
Morgan Stanley & Co. International Plc 542
Goldman Sachs International 359
JP Morgan Securities Plc 278
Barclays Capital Securities Limited 223
Credit Suisse Securities (Europe) Limited 155
Societe Generale SA 70
UBS AG 49
Citigroup Global Markets Limited 26
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 523
Securities Financing Transactions (unaudited) (continued)
European Value Fund (continued)
Data displayed in '000's
3. Aggregate transaction data
Type, Quality and Currency of Collateral Type
Type Quality Currencies EUR
Bonds Investment Grade Euro 2,048
Bonds Investment Grade Pound Sterling 409
Bonds Investment Grade United States Dollar 363
Bonds Investment Grade Canadian Dollar 79
Bonds Investment Grade Swedish Krona 28
Cash Collateral Investment Grade United States Dollar 389
Maturity Tenor of Collateral (remaining period to maturity)
One day to one One week to one One to three Three months to one
Type Less than one day week month months year Over one year Open maturity
Securities lending 389 – 7 6 118 2,796 –
389 – 7 6 118 2,796 –
Counterparty details
Countries of counterparty Settlement and
Type establishment clearing EUR
Securities lending France Bi-lateral 770
Securities lending United Kingdom Bi-lateral 646
Securities lending Switzerland Bi-lateral 51
Securities lending United Kingdom Tri-party 1,032
Securities lending Ireland Tri-party 738
Securities lending France Tri-party 78
Securities lending Switzerland Tri-party 1
4. Safekeeping of Collateral Received
Names and value of custodians safekeeping collateral EUR
JP Morgan 1,028
Bank of New York 820
Number of custodians safekeeping collateral 2
5. Return and Cost
Please refer to the Statement of Comprehensive Income and note 4 for details of income and associated costs.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 524
Securities Financing Transactions (unaudited) (continued)
Global Core Equity Fund
Data displayed in '000's
1. Global Data
Proportion of securities and commodities on loan USD %
Total lendable assets excluding cash and cash equivalents: 2,994,666
Securities and commodities on loan 211,787 7.07
Assets engaged in SFTs and total return swaps USD %
Fund assets under management (AUM) 3,027,226
Absolute value of assets engaged in:
Securities lending 211,787 7.00
2. Concentration Data
Top 10 Collateral Issuers
Name and value of collateral and commodities received USD
United States 48,458
French Republic 48,257
United Kingdom 30,143
Republic of Germany 29,224
Kingdom of the Netherlands 18,333
Kingdom of Belgium 16,116
Canada 8,513
Republic of Austria 3,119
Republic of Finland 2,962
Kingdom of Sweden 965
Top 10 Counterparties
Name and value of outstanding transactions USD
Securities lending
Deutsche Bank AG 58,682
Credit Suisse AG (Dublin Branch) 52,341
UBS AG 42,980
Morgan Stanley & Co. International Plc 17,779
Merrill Lynch International 15,314
JP Morgan Securities Plc 5,447
Barclays Capital Securities Limited 3,685
Citigroup Global Markets Limited 2,922
Goldman Sachs International 2,852
Barclays Bank Plc 2,379
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 525
Securities Financing Transactions (unaudited) (continued)
Global Core Equity Fund (continued)
Data displayed in '000's
3. Aggregate transaction data
Type, Quality and Currency of Collateral Type
Type Quality Currencies USD
Bonds Investment Grade Euro 118,011
Bonds Investment Grade United States Dollar 48,458
Bonds Investment Grade Pound Sterling 30,143
Bonds Investment Grade Canadian Dollar 8,513
Bonds Investment Grade Swedish Krona 965
Bonds Investment Grade Australian Dollar 19
Cash Collateral Investment Grade United States Dollar 16,429
Maturity Tenor of Collateral (remaining period to maturity)
One day to one One week to one One to three Three months to one
Type Less than one day week month months year Over one year Open maturity
Securities lending 16,429 1,831 1,451 6,031 9,672 187,124 –
16,429 1,831 1,451 6,031 9,672 187,124 –
Counterparty details
Countries of counterparty Settlement and
Type establishment clearing USD
Securities lending Switzerland Bi-lateral 25,324
Securities lending United Kingdom Bi-lateral 21,747
Securities lending Ireland Bi-lateral 10,967
Securities lending Germany Bi-lateral 6,345
Securities lending France Bi-lateral 2,318
Securities lending Australia Bi-lateral 1,153
Securities lending Canada Bi-lateral 730
Securities lending Netherlands Bi-lateral 631
Securities lending Germany Tri-party 54,800
Securities lending Ireland Tri-party 43,402
Securities lending United Kingdom Tri-party 33,769
Securities lending Switzerland Tri-party 20,050
Securities lending France Tri-party 645
Securities lending Netherlands Tri-party 615
Securities lending Australia Tri-party 42
4. Safekeeping of Collateral Received
Names and value of custodians safekeeping collateral USD
JP Morgan 101,329
Bank of New York 51,995
Number of custodians safekeeping collateral 2
5. Return and Cost
Please refer to the Statement of Comprehensive Income and note 4 for details of income and associated costs.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 526
Securities Financing Transactions (unaudited) (continued)
Global Short Fixed Income Fund
Data displayed in '000's
1. Global Data
Proportion of securities and commodities on loan EUR %
Total lendable assets excluding cash and cash equivalents: 2,459,473
Securities and commodities on loan 39,741 1.62
Assets engaged in SFTs and total return swaps EUR %
Fund assets under management (AUM) 2,526,476
Absolute value of assets engaged in:
Securities lending 39,741 1.57
2. Concentration Data
Top 10 Collateral Issuers*
Name and value of collateral and commodities received EUR
French Republic 32,807
Kingdom of Belgium 7,190
United States 838
Top 10 Counterparties*
Name and value of outstanding transactions EUR
Securities lending
Citigroup Global Markets Limited 38,924
Barclays Bank Plc 817
* The Top 10 Collateral Issuers and Top 10 Counterparties are disclosed where appropriate. In some instances there may be less than 10 collateral issuers and 10 counterparties present.
3. Aggregate transaction data
Type, Quality and Currency of Collateral Type
Type Quality Currencies EUR
Bonds Investment Grade Euro 39,997
Bonds Investment Grade United States Dollar 838
Maturity Tenor of Collateral (remaining period to maturity)
One day to one One week to one One to three Three months to one
Type Less than one day week month months year Over one year Open maturity
Securities lending – – – – 204 40,631 –
– – – – 204 40,631 –
Counterparty details
Countries of counterparty Settlement and
Type establishment clearing EUR
Securities lending United Kingdom Bi-lateral 40,835
4. Return and Cost
Please refer to the Statement of Comprehensive Income and note 4 for details of income and associated costs.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 527
Securities Financing Transactions (unaudited) (continued)
Global Short-Term Investment Grade Fixed Income Fund
Data displayed in '000's
1. Global Data
Proportion of securities and commodities on loan USD %
Total lendable assets excluding cash and cash equivalents: 1,028,945
Securities and commodities on loan 7,840 0.76
Assets engaged in SFTs and total return swaps USD %
Fund assets under management (AUM) 1,098,597
Absolute value of assets engaged in:
Securities lending 7,840 0.71
2. Concentration Data
Top 10 Collateral Issuers*
Name and value of collateral and commodities received USD
United States 4,499
Top 10 Counterparties*
Name and value of outstanding transactions USD
Securities lending
Barclays Bank Plc 4,307
Societe Generale SA 3,466
Deutche Bank AG 67
* The Top 10 Collateral Issuers and Top 10 Counterparties are disclosed where appropriate. In some instances there may be less than 10 collateral issuers and 10 counterparties present.
3. Aggregate transaction data
Type, Quality and Currency of Collateral Type
Type Quality Currencies USD
Bonds Investment Grade United States Dollar 4,499
Cash Collateral Investment Grade United States Dollar 3,541
Maturity Tenor of Collateral (remaining period to maturity)
One day to one One week to one One to three Three months to one
Type Less than one day week month months year Over one year Open maturity
Securities lending 3,541 – – – 1,075 3,424 –
3,541 – – – 1,075 3,424 –
Counterparty details
Countries of counterparty Settlement and
Type establishment clearing USD
Securities lending United Kingdom Bi-lateral 4,418
Securities lending France Bi-lateral 3,541
Securities lending Germany Bi-lateral 81
4. Return and Cost
Please refer to the Statement of Comprehensive Income and note 4 for details of income and associated costs.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 528
Securities Financing Transactions (unaudited) (continued)
Global Small Companies Fund
Data displayed in '000's
1. Global Data
Proportion of securities and commodities on loan USD %
Total lendable assets excluding cash and cash equivalents: 512,465
Securities and commodities on loan 92,880 18.12
Assets engaged in SFTs and total return swaps USD %
Fund assets under management (AUM) 526,499
Absolute value of assets engaged in:
Securities lending 92,880 17.64
2. Concentration Data
Top 10 Collateral Issuers
Name and value of collateral and commodities received USD
United States 25,511
French Republic 20,387
United Kingdom 12,470
Republic of Germany 11,075
Kingdom of Belgium 7,267
Kingdom of the Netherlands 6,890
Canada 2,394
Republic of Austria 1,745
Republic of Finland 1,660
Kingdom of Sweden 499
Top 10 Counterparties
Name and value of outstanding transactions USD
Securities lending
Deutsche Bank AG 31,481
UBS AG 19,569
Credit Suisse AG (Dublin Branch) 16,076
Morgan Stanley & Co. International Plc 9,401
Merrill Lynch International 6,109
JP Morgan Securities Plc 2,054
Barclays Capital Securities Limited 1,869
Goldman Sachs International 1,414
Citigroup Global Markets Limited 1,078
Societe Generale SA 903
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 529
Securities Financing Transactions (unaudited) (continued)
Global Small Companies Fund (continued)
Data displayed in '000's
3. Aggregate transaction data
Type, Quality and Currency of Collateral Type
Type Quality Currencies USD
Bonds Investment Grade Euro 49,025
Bonds Investment Grade United States Dollar 25,511
Bonds Investment Grade Pound Sterling 12,470
Bonds Investment Grade Canadian Dollar 2,394
Bonds Investment Grade Swedish Krona 499
Bonds Investment Grade Australian Dollar 16
Cash Collateral Investment Grade United States Dollar 7,535
Maturity Tenor of Collateral (remaining period to maturity)
One day to one One week to one One to three Three months to one
Type Less than one day week month months year Over one year Open maturity
Securities lending 7,535 545 1,076 5,123 4,063 79,108 –
7,535 545 1,076 5,123 4,063 79,108 –
Counterparty details
Countries of counterparty Settlement and
Type establishment clearing USD
Securities lending Switzerland Bi-lateral 14,043
Securities lending United Kingdom Bi-lateral 10,314
Securities lending Germany Bi-lateral 6,406
Securities lending Ireland Bi-lateral 4,131
Securities lending France Bi-lateral 1,233
Securities lending Canada Bi-lateral 613
Securities lending Australia Bi-lateral 198
Securities lending Netherlands Bi-lateral 4
Securities lending Germany Tri-party 26,445
Securities lending United Kingdom Tri-party 14,457
Securities lending Ireland Tri-party 12,625
Securities lending Switzerland Tri-party 6,535
Securities lending France Tri-party 412
Securities lending Australia Tri-party 34
4. Safekeeping of Collateral Received
Names and value of custodians safekeeping collateral USD
JP Morgan 39,674
Bank of New York 20,835
Number of custodians safekeeping collateral 2
5. Return and Cost
Please refer to the Statement of Comprehensive Income and note 4 for details of income and associated costs.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 530
Securities Financing Transactions (unaudited) (continued)
Global Sustainability Core Equity Fund
Data displayed in '000's
1. Global Data
Proportion of securities and commodities on loan USD %
Total lendable assets excluding cash and cash equivalents: 235,660
Securities and commodities on loan 23,853 10.12
Assets engaged in SFTs and total return swaps USD %
Fund assets under management (AUM) 241,708
Absolute value of assets engaged in:
Securities lending 23,853 9.87
2. Concentration Data
Top 10 Collateral Issuers
Name and value of collateral and commodities received USD
United States 6,881
French Republic 5,061
United Kingdom 3,453
Republic of Germany 2,812
Kingdom of the Netherlands 1,989
Kingdom of Belgium 1,627
Canada 1,161
Republic of Austria 314
Republic of Finland 298
Kingdom of Sweden 102
Top 10 Counterparties
Name and value of outstanding transactions USD
Securities lending
Credit Suisse AG (Dublin Branch) 6,511
Deutsche Bank AG 5,547
UBS AG 5,068
Morgan Stanley & Co. International Plc 2,172
Merrill Lynch International 1,903
State Street Bank International Gmbh 1,285
Barclays Capital Securities Limited 328
Barclays Bank Plc 303
Citigroup Global Markets Limited 167
HSBC Bank Plc 139
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 531
Securities Financing Transactions (unaudited) (continued)
Global Sustainability Core Equity Fund (continued)
Data displayed in '000's
3. Aggregate transaction data
Type, Quality and Currency of Collateral Type
Type Quality Currencies USD
Bonds Investment Grade Euro 12,101
Bonds Investment Grade United States Dollar 6,881
Bonds Investment Grade Pound Sterling 3,453
Bonds Investment Grade Canadian Dollar 1,161
Bonds Investment Grade Swedish Krona 102
Cash Collateral Investment Grade United States Dollar 1,244
Maturity Tenor of Collateral (remaining period to maturity)
One day to one One week to one One to three Three months to one
Type Less than one day week month months year Over one year Open maturity
Securities lending 1,244 169 171 816 1,132 21,410 –
1,244 169 171 816 1,132 21,410 –
Counterparty details
Countries of counterparty Settlement and
Type establishment clearing USD
Securities lending United Kingdom Bi-lateral 3,278
Securities lending Switzerland Bi-lateral 2,817
Securities lending Germany Bi-lateral 775
Securities lending Ireland Bi-lateral 748
Securities lending Netherlands Bi-lateral 96
Securities lending France Bi-lateral 80
Securities lending Canada Bi-lateral 76
Securities lending Australia Bi-lateral 42
Securities lending Ireland Tri-party 5,992
Securities lending Germany Tri-party 5,003
Securities lending United Kingdom Tri-party 3,410
Securities lending Switzerland Tri-party 2,559
Securities lending France Tri-party 36
Securities lending Netherlands Tri-party 30
4. Safekeeping of Collateral Received
Names and value of custodians safekeeping collateral USD
JP Morgan 11,109
Bank of New York 5,921
Number of custodians safekeeping collateral 2
5. Return and Cost
Please refer to the Statement of Comprehensive Income and note 4 for details of income and associated costs.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 532
Securities Financing Transactions (unaudited) (continued)
Global Targeted Value Fund
Data displayed in '000's
1. Global Data
Proportion of securities and commodities on loan USD %
Total lendable assets excluding cash and cash equivalents: 2,710,062
Securities and commodities on loan 425,698 15.71
Assets engaged in SFTs and total return swaps USD %
Fund assets under management (AUM) 2,736,222
Absolute value of assets engaged in:
Securities lending 425,698 15.56
2. Concentration Data
Top 10 Collateral Issuers
Name and value of collateral and commodities received USD
United States 109,796
French Republic 101,677
United Kingdom 58,916
Republic of Germany 52,383
Kingdom of Belgium 35,030
Kingdom of the Netherlands 34,228
Canada 12,216
Republic of Austria 9,009
Republic of Finland 8,504
Kingdom of Sweden 2,545
Top 10 Counterparties
Name and value of outstanding transactions USD
Securities lending
Deutsche Bank AG 137,250
UBS AG 88,079
Credit Suisse AG (Dublin Branch) 69,474
Morgan Stanley & Co. International Plc 45,073
Merrill Lynch International 29,741
Barclays Capital Securities Limited 10,407
JP Morgan Securities Plc 8,879
Citigroup Global Markets Limited 8,413
Goldman Sachs International 7,159
Barclays Bank Plc 4,197
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 533
Securities Financing Transactions (unaudited) (continued)
Global Targeted Value Fund (continued)
Data displayed in '000's
3. Aggregate transaction data
Type, Quality and Currency of Collateral Type
Type Quality Currencies USD
Bonds Investment Grade Euro 240,831
Bonds Investment Grade United States Dollar 109,796
Bonds Investment Grade Pound Sterling 58,916
Bonds Investment Grade Canadian Dollar 12,216
Bonds Investment Grade Swedish Krona 2,545
Bonds Investment Grade Australian Dollar 34
Cash Collateral Investment Grade United States Dollar 23,795
Maturity Tenor of Collateral (remaining period to maturity)
One day to one One week to one One to three Three months to one
Type Less than one day week month months year Over one year Open maturity
Securities lending 23,795 2,367 4,794 22,321 19,786 375,070 –
23,795 2,367 4,794 22,321 19,786 375,070 –
Counterparty details
Countries of counterparty Settlement and
Type establishment clearing USD
Securities lending Switzerland Bi-lateral 67,994
Securities lending United Kingdom Bi-lateral 47,889
Securities lending Germany Bi-lateral 20,927
Securities lending Ireland Bi-lateral 11,578
Securities lending Netherlands Bi-lateral 3,752
Securities lending France Bi-lateral 2,129
Securities lending Canada Bi-lateral 1,837
Securities lending Australia Bi-lateral 1,298
Securities lending Germany Tri-party 122,386
Securities lending United Kingdom Tri-party 78,573
Securities lending Ireland Tri-party 62,007
Securities lending Switzerland Tri-party 24,587
Securities lending Australia Tri-party 3,156
Securities lending France Tri-party 20
4. Safekeeping of Collateral Received
Names and value of custodians safekeeping collateral USD
Bank of New York 102,437
JP Morgan 188,292
Number of custodians safekeeping collateral 2
5. Return and Cost
Please refer to the Statement of Comprehensive Income and Note 4 for details of income and associated costs.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 534
Securities Financing Transactions (unaudited) (continued)
Global Ultra Short Fixed Income Fund
Data displayed in '000's
1. Global Data
Proportion of securities and commodities on loan GBP %
Total lendable assets excluding cash and cash equivalents: 703,319
Securities and commodities on loan 4,979 0.71
Assets engaged in SFTs and total return swaps GBP %
Fund assets under management (AUM) 732,664
Absolute value of assets engaged in:
Securities lending 4,979 0.68
2. Concentration Data
Top 10 Collateral Issuers*
Name and value of collateral and commodities received GBP
United States 5,107
Top 10 Counterparties*
Name and value of outstanding transactions GBP
Securities lending
Barclays Bank Plc 4,979
* The Top 10 Collateral Issuers and Top 10 Counterparties are disclosed where appropriate. In some instances there may be less than 10 collateral issuers and 10 counterparties present.
3. Aggregate transaction data
Type, Quality and Currency of Collateral Type
Type Quality Currencies GBP
Bonds Investment Grade United States Dollar 5,107
Maturity Tenor of Collateral (remaining period to maturity)
One day to one One week to one One to three Three months to one
Type Less than one day week month months year Over one year Open maturity
Securities lending – – – – 1,242 3,865 –
– – – – 1,242 3,865 –
Counterparty details
Countries of counterparty Settlement and
Type establishment clearing GBP
Securities lending United Kingdom Bi-lateral 5,107
4. Return and Cost
Please refer to the Statement of Comprehensive Income and Note 4 for details of income and associated costs.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 535
Securities Financing Transactions (unaudited) (continued)
Global Value Fund
Data displayed in '000's
1. Global Data
Proportion of securities and commodities on loan USD %
Total lendable assets excluding cash and cash equivalents: 401,901
Securities and commodities on loan 18,262 4.54
Assets engaged in SFTs and total return swaps USD %
Fund assets under management (AUM) 409,114
Absolute value of assets engaged in:
Securities lending 18,262 4.46
2. Concentration Data
Top 10 Collateral Issuers
Name and value of collateral and commodities received USD
French Republic 4,328
United Kingdom 3,676
United States 3,139
Republic of Germany 1,829
Kingdom of the Netherlands 1,311
Kingdom of Belgium 1,192
Canada 679
Republic of Austria 385
Republic of Finland 376
Kingdom of Sweden 24
Top 10 Counterparties*
Name and value of outstanding transactions USD
Securities lending
UBS AG 5,119
Credit Suisse AG (Dublin Branch) 4,319
Morgan Stanley & Co. International Plc 4,100
Deutsche Bank AG 3,239
JP Morgan Securities Plc 1,084
Citigroup Global Markets Limited 208
Credit Suisse Securities (Europe) Limited 190
HSBC Bank Plc 3
* The Top 10 Counterparties are disclosed where appropriate. In some instances there may be less than 10 counterparties present.
3. Aggregate transaction data
Type, Quality and Currency of Collateral Type
Type Quality Currencies USD
Bonds Investment Grade Euro 9,421
Bonds Investment Grade Pound Sterling 3,676
Bonds Investment Grade United States Dollar 3,139
Bonds Investment Grade Canadian Dollar 679
Bonds Investment Grade Swedish Krona 24
Cash Collateral Investment Grade United States Dollar 2,252
Maturity Tenor of Collateral (remaining period to maturity)
One day to one One week to one One to three Three months to one
Type Less than one day week month months year Above one year Open maturity
Securities lending 2,252 218 86 389 681 15,565 –
2,252 218 86 389 681 15,565 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 536
Securities Financing Transactions (unaudited) (continued)
Global Value Fund (continued)
Data displayed in '000's
3. Aggregate transaction data (continued)
Counterparty details
Countries of counterparty Settlement and
Type establishment clearing USD
Securities lending United Kingdom Bi-lateral 3,273
Securities lending Switzerland Bi-lateral 2,707
Securities lending Ireland Bi-lateral 1,120
Securities lending Ireland Tri-party 3,403
Securities lending Germany Tri-party 3,367
Securities lending Switzerland Tri-party 2,694
Securities lending United Kingdom Tri-party 2,627
4. Safekeeping of Collateral Received
Names and value of custodians safekeeping collateral USD
Bank of New York 7,368
JP Morgan 4,723
Number of custodians safekeeping collateral 2
5. Return and Cost
Please refer to the Statement of Comprehensive Income and Note 4 for details of income and associated costs.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 537
Securities Financing Transactions (unaudited) (continued)
Pacific Basin Small Companies Fund
Data displayed in '000's
1. Global Data
Proportion of securities and commodities on loan USD %
Total lendable assets excluding cash and cash equivalents: 70,770
Securities and commodities on loan 14,961 21.14
Assets engaged in SFTs and total return swaps USD %
Fund assets under management (AUM) 85,687
Absolute value of assets engaged in:
Securities lending 14,961 17.46
2. Concentration Data
Top 10 Collateral Issuers
Name and value of collateral and commodities received USD
French Republic 6,179
United Kingdom 1,955
Republic of Germany 1,953
Kingdom of Belgium 1,379
Kingdom of the Netherlands 1,122
United States 1,048
Republic of Austria 645
Republic of Finland 634
Kingdom of Sweden 26
Canada 7
Top 10 Counterparties
Name and value of outstanding transactions USD
Securities lending
Morgan Stanley & Co. International Plc 5,357
Merrill Lynch International 3,517
UBS AG 1,990
Deutsche Bank AG 1,279
JP Morgan Securities Plc 909
Goldman Sachs International 597
Credit Suisse Securities (Europe) Limited 308
Barclays Capital Securities Limited 296
Macquarie Bank Limited 204
BNP Paribas Arbitrage SNC 176
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 538
Securities Financing Transactions (unaudited) (continued)
Pacific Basin Small Companies Fund (continued)
Data displayed in '000's
3. Aggregate transaction data
Type, Quality and Currency of Collateral Type
Type Quality Currencies USD
Bonds Investment Grade Euro 11,912
Bonds Investment Grade Pound Sterling 1,955
Bonds Investment Grade United States Dollar 1,048
Bonds Investment Grade Swedish Krona 26
Bonds Investment Grade Canadian Dollar 7
Cash Collateral Investment Grade United States Dollar 911
Maturity Tenor of Collateral (remaining period to maturity)
One day to one One week to one One to three Three months to one
Type Less than one day week month months year Above one year Open maturity
Securities lending 911 8 69 108 713 14,050 –
911 8 69 108 713 14,050 –
Counterparty details
Countries of counterparty Settlement and
Type establishment clearing USD
Securities lending United Kingdom Bi-lateral 6,376
Securities lending Switzerland Bi-lateral 2,030
Securities lending Germany Bi-lateral 1,372
Securities lending Australia Bi-lateral 190
Securities lending France Bi-lateral 177
Securities lending Canada Bi-lateral 156
Securities lending United Kingdom Tri-party 5,356
Securities lending Switzerland Tri-party 82
Securities lending France Tri-party 82
Securities lending Australia Tri-party 26
Securities lending Germany Tri-party 12
4. Safekeeping of Collateral Received
Names and value of custodians safekeeping collateral USD
Bank of New York 5,392
JP Morgan 165
Number of custodians safekeeping collateral 2
5. Return and Cost
Please refer to the Statement of Comprehensive Income and Note 4 for details of income and associated costs.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 539
Securities Financing Transactions (unaudited) (continued)
Sterling Inflation Linked Intermediate Duration Fixed Income Fund
Data displayed in '000's
1. Global Data
Proportion of securities and commodities on loan GBP %
Total lendable assets excluding cash and cash equivalents: 754,763
Securities and commodities on loan – –
Assets engaged in SFTs and total return swaps GBP %
Fund assets under management (AUM) 750,959
2. Return and Cost
Please refer to the Statement of Comprehensive Income and Note 4 for details of income and associated costs.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 540
Securities Financing Transactions (unaudited) (continued)
U.S. Core Equity Fund
Data displayed in '000's
1. Global Data
Proportion of securities and commodities on loan USD %
Total lendable assets excluding cash and cash equivalents: 34,876
Securities and commodities on loan 4,049 11.61
Assets engaged in SFTs and total return swaps USD %
Fund assets under management (AUM) 35,120
Absolute value of assets engaged in:
Securities lending 4,049 11.53
2. Concentration Data
Top 10 Collateral Issuers*
Name and value of collateral and commodities received USD
United States 1,410
French Republic 644
United Kingdom 629
Republic of Germany 481
Kingdom of the Netherlands 278
Canada 271
Kingdom of Belgium 208
Kingdom of Sweden 12
Top 10 Counterparties*
Name and value of outstanding transactions USD
Securities lending
Deutsche Bank AG 1,720
Credit Suisse AG (Dublin Branch) 1,558
UBS AG 755
Credit Suisse Securities (Europe) Limited 15
JP Morgan Securities Plc 1
* The Top 10 Collateral Issuers and Top 10 Counterparties are disclosed where appropriate. In some instances there may be less than 10 collateral issuers and 10 counterparties present.
3. Aggregate transaction data
Type, Quality and Currency of Collateral Type
Type Quality Currencies USD
Bonds Investment Grade Euro 1,611
Bonds Investment Grade United States Dollar 1,410
Bonds Investment Grade Pound Sterling 629
Bonds Investment Grade Canadian Dollar 271
Bonds Investment Grade Swedish Krona 12
Cash Collateral Investment Grade United States Dollar 263
Maturity Tenor of Collateral (remaining period to maturity)
One day to one One week to one One to three Three months to one
Type Less than one day week month months year Above one year Open maturity
Securities lending 263 – 57 307 124 3,445 –
263 – 57 307 124 3,445 –
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 541
Securities Financing Transactions (unaudited) (continued)
U.S. Core Equity Fund (continued)
3. Aggregate transaction data (continued)
Counterparty details
Countries of counterparty Settlement and
Type establishment clearing USD
Securities lending Switzerland Bi-lateral 626
Securities lending Ireland Bi-lateral 229
Securities lending Germany Bi-lateral 101
Securities lending United Kingdom Bi-lateral 15
Securities lending Germany Tri-party 1,685
Securities lending Ireland Tri-party 1,372
Securities lending Switzerland Tri-party 167
Securities lending United Kingdom Tri-party 1
Data displayed in '000's
4. Safekeeping of Collateral Received
Names and value of custodians safekeeping collateral USD
JP Morgan 3,059
Bank of New York 167
Number of custodians safekeeping collateral 2
5. Return and Cost
Please refer to the Statement of Comprehensive Income and Note 4 for details of income and associated costs.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 542
Securities Financing Transactions (unaudited) (continued)
U.S. Small Companies Fund
Data displayed in '000's
1. Global Data
Proportion of securities and commodities on loan USD %
Total lendable assets excluding cash and cash equivalents: 200,706
Securities and commodities on loan 35,905 17.89
Assets engaged in SFTs and total return swaps USD %
Fund assets under management (AUM) 201,974
Absolute value of assets engaged in:
Securities lending 35,905 17.78
2. Concentration Data
Top 10 Collateral Issuers*
Name and value of collateral and commodities received USD
United States 16,664
French Republic 4,507
United Kingdom 4,439
Republic of Germany 3,719
Kingdom of the Netherlands 2,229
Kingdom of Belgium 1,979
Canada 1,024
Kingdom of Sweden 115
Top 10 Counterparties*
Name and value of outstanding transactions USD
Securities lending
Deutsche Bank AG 17,625
UBS AG 9,546
Credit Suisse AG (Dublin Branch) 7,067
Barclays Bank Plc 1,325
Credit Suisse Securities (Europe) Limited 148
Societe Generale SA 107
HSBC Bank Plc 70
Morgan Stanley & Co. International Plc 17
* The Top 10 Collateral Issuers and Top 10 Counterparties are disclosed where appropriate. In some instances there may be less than 10 collateral issuers and 10 counterparties present.
3. Aggregate transaction data
Type, Quality and Currency of Collateral Type
Type Quality Currencies USD
Bonds Investment Grade United States Dollar 16,664
Bonds Investment Grade Euro 12,434
Bonds Investment Grade Pound Sterling 4,439
Bonds Investment Grade Canadian Dollar 1,024
Bonds Investment Grade Swedish Krona 115
Cash Collateral Investment Grade United States Dollar 2,587
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 543
Securities Financing Transactions (unaudited) (continued)
U.S. Small Companies Fund (continued)
Data displayed in '000's
3. Aggregate transaction data (continued)
Maturity Tenor of Collateral (remaining period to maturity)
One day to one One week to one One to three Three months to one
Type Less than one day week month months year Over one year Open maturity
Securities lending 2,587 – 852 4,646 1,404 27,774 –
2,587 – 852 4,646 1,404 27,774 –
Counterparty details
Countries of counterparty Settlement and
Type establishment clearing USD
Securities lending Switzerland Bi-lateral 8,945
Securities lending Ireland Bi-lateral 2,059
Securities lending Germany Bi-lateral 1,837
Securities lending United Kingdom Bi-lateral 1,616
Securities lending France Bi-lateral 110
Securities lending Germany Tri-party 16,457
Securities lending Ireland Tri-party 5,195
Securities lending Switzerland Tri-party 1,044
4. Safekeeping of Collateral Received
Names and value of custodians safekeeping collateral USD
JP Morgan 21,652
Bank of New York 1,044
Number of custodians safekeeping collateral 2
5. Return and Cost
Please refer to the Statement of Comprehensive Income and Note 4 for details of income and associated costs.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 544
Securities Financing Transactions (unaudited) (continued)
World Allocation 20/80 Fund
Data displayed in '000's
1. Global Data
Proportion of securities and commodities on loan GBP %
Total lendable assets excluding cash and cash equivalents: 12,541
Securities and commodities on loan – –
Assets engaged in SFTs and total return swaps GBP %
Fund assets under management (AUM) 71,567
2. Return and Cost
Please refer to the Statement of Comprehensive Income and Note 4 for details of income and associated costs.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 545
Securities Financing Transactions (unaudited) (continued)
World Equity Fund
Data displayed in '000's
1. Global Data
Proportion of securities and commodities on loan GBP %
Total lendable assets excluding cash and cash equivalents: 1,237,695
Securities and commodities on loan 129,275 10.44
Assets engaged in SFTs and total return swaps GBP %
Fund assets under management (AUM) 1,300,112
Absolute value of assets engaged in:
Securities lending 129,275 9.94
2. Concentration Data
Top 10 Collateral Issuers
Name and value of collateral and commodities received GBP
French Republic 33,137
United States 29,763
United Kingdom 17,130
Republic of Germany 16,180
Kingdom of the Netherlands 11,744
Kingdom of Belgium 9,753
Canada 4,855
Republic of Austria 1,924
Republic of Finland 1,792
Kingdom of Sweden 399
Top 10 Counterparties
Name and value of outstanding transactions GBP
Securities lending
Deutsche Bank AG 37,522
Credit Suisse AG (Dublin Branch) 30,585
UBS AG 26,492
Merrill Lynch International 12,866
Morgan Stanley & Co. International Plc 10,131
JP Morgan Securities Plc 4,017
Citigroup Global Markets Limited 2,015
Bank of Nova Scotia 1,104
Barclays Capital Securities Limited 936
Credit Suisse Securities (Europe) Limited 899
3. Aggregate transaction data
Type, Quality and Currency of Collateral Type
Type Quality Currencies GBP
Bonds Investment Grade Euro 74,531
Bonds Investment Grade United States Dollar 29,763
Bonds Investment Grade Pound Sterling 17,130
Bonds Investment Grade Canadian Dollar 4,855
Bonds Investment Grade Swedish Krona 399
Bonds Investment Grade Australian Dollar 10
Cash Collateral Investment Grade United States Dollar 9,185
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 546
Securities Financing Transactions (unaudited) (continued)
World Equity Fund (continued)
Data displayed in '000's
3. Aggregate transaction data (continued)
Maturity Tenor of Collateral (remaining period to maturity)
One day to one One week to one One to three Three months to one
Type Less than one day week month months year Over one year Open maturity
Securities lending 9,185 786 983 3,857 – 6,117 114,945
9,185 786 983 3,857 – 6,117 114,945
Counterparty details
Countries of counterparty Settlement and
Type establishment clearing GBP
Securities lending Switzerland Bi-lateral 17,955
Securities lending United Kingdom Bi-lateral 13,482
Securities lending Germany Bi-lateral 7,003
Securities lending Ireland Bi-lateral 6,566
Securities lending Canada Bi-lateral 1,183
Securities lending France Bi-lateral 1,029
Securities lending Netherlands Bi-lateral 482
Securities lending Australia Bi-lateral 166
Securities lending Germany Tri-party 32,155
Securities lending Ireland Tri-party 25,274
Securities lending United Kingdom Tri-party 19,987
Securities lending Switzerland Tri-party 10,051
Securities lending France Tri-party 298
Securities lending Netherlands Tri-party 228
Securities lending Australia Tri-party 14
4. Safekeeping of Collateral Received
Names and value of custodians safekeeping collateral GBP
JP Morgan 58,741
Bank of New York 29,267
Number of custodians safekeeping collateral 2
5. Return and Cost
Please refer to the Statement of Comprehensive Income and Note 4 for details of income and associated costs.
Dimensional Fund Advisors Annual Report and Audited Financial Statements, 30 November 2018 547
Dimensional Funds plc is structured as an umbrella fund with segregated liability between sub-funds, established as an open-
ended investment company with variable capital and limited liability under the laws of Ireland with registration number 352043.
Dimensional Funds plc qualifies and is authorised by the Central Bank of Ireland as an undertaking for collective investments in
transferable securities (UCITS).
The value of investments and any income from them may fall as well as rise and past performance is not a guarantee of future
results. This is not a Prospectus. Prospective investors should receive a prospectus, which should be read carefully before
investing in the Company. Prospectuses are available to download from http://www.dimensional.com.
AMERICAS EUROPE ASIA PACIFIC
Austin, Charlotte, Santa Monica, Toronto, Vancouver London, Amsterdam, Berlin Sydney, Melbourne, Singapore, Tokyo
www.dimensional.com
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