Dimensional Fund Advisors is expanding its exchange-traded fund offerings with seven new ETFs, including this week's listings of its Ultrashort Fixed Income ETF (NYSE Arca: DUSB) and World Equity ETF (NYSE Arca: DFAW).
The new funds join the recently launched US Core Equity 1 ETF and upcoming launches of three global fixed income ETFs and a U.S. Large Cap Vector ETF.
Dimensional expects its ETF suite to total 38 funds covering global equities, fixed income and real estate by year end. The firm manages about $100 billion in ETF assets and said it has seen meaningful adoption of its ETF lineup. The company, which also offers mutual funds and separately managed accounts, oversaw $634 billion for investors worldwide as of June 30.
"We continue to evolve our investment offering to meet demand from financial professionals and add value," Co-CEO and Chief Investment Officer Gerard O'Reilly said in a release. "These ETFs are another set of tools in Dimensional's growing lineup, which we expect will meet diverse investor needs across asset classes and geographies."
