Dimensional U.S. Core Equity 2 ETF (DFAC)

The investment objective of the Dimensional U.S. Core Equity 2 ETF (US Core Equity 2 ETF or Portfolio) is to achieve long-term capital appreciation while considering federal income tax implications of investment decisions.

Dimensional Fund Advisors LP's tax management strategies for the US Core Equity 2 ETF aim to maximize after-tax value by delaying and minimizing net capital gains realization and maximizing long-term capital gains. The investment approach integrates research, portfolio design, management, and trading, emphasizing long-term drivers of expected returns while balancing risk through diversification across companies and sectors. The ETF invests in a broad, diverse group of U.S. equity securities within a market capitalization-weighted universe, with increased exposure to smaller, lower-priced, and higher-profitability companies compared to their market representation.