Dimensional Global Real Estate Trust by gabyion


									    DIMENSIONAL AUSTRALIA                                                                                                                                              THIRD QUARTER 2009 UPDATE

    Dimensional Global Real Estate Trust


OBJECTIVE                                                                                              TOP 10 HOLDINGS
To provide long term capital growth through access to the returns and                                  Name                                                 Country                                       Portfolio %
diversification benefits of a diverse group of globally listed real estate
                                                                                                       Westfield Group                                      Australia                                                9.93%
securities. This Trust is designed to be a component of a global portfolio.
                                                                                                       Stockland                                            Australia                                                8.73%
PORTFOLIO CHARACTERISTICS                                                                              GPT Group                                            Australia                                                5.87%
The Trust is primarily exposed to globally listed Real Estate Investment
                                                                                                       Simon Property Group                                 United States                                            3.75%
Trusts (REITs), and REIT-like entities. Dimensionals’s Investment
                                                                                                       Unibail-Rodamco                                      France                                                   3.69%
Committee determines country eligibility. Eligible countries currently
include Australia, Belgium, Canada, France, Germany, Hong Kong,                                        Dexus Property Group                                 Australia                                                3.67%
Japan, Netherlands, New Zealand, Singapore, UK and the US. In line                                     CFS Retail Property Trust                            Australia                                                2.96%
with investor preference, the allocation to Australia, is approximately                                Goodman Group                                        Australia                                                2.88%
3 times higher than if the country were weighted according to market
                                                                                                       Public Storage                                       United States                                            2.47%
capitalisation. The Trust adopts a long term buy and hold strategy
designed to reduce transaction costs and keep portfolio turnover low.                                  Boston Properties                                    United States                                            1.71%

PRODUCT FEATURES                                                                                       REGIONAL ALLOCATION
Open for investment                                                          October 2007                                        United                             Continental               North
                                                                                                           Pacific Rim         Kingdom                  Japan          Europe                America                 Cash
Net Asset Value of the Trust                                                            $48m
                                                                                                                43.84%               6.15%                  2.70%             7.59%           38.73%                 0.99%
Transaction Costs Allowance                                                          ±0.20%
Actual ICR for year ended 30th June 2009
Income Distributions                                                             Half Yearly
                                                                                                                               3 mth            6 mth                  1 yr           2 yr             3 yr            5 yr
Number of Securities                                                                      214
                                                                                                       AUD                   23.89%           40.29%          -30.81%               N.A.              N.A.            N.A.
Weighted avg mkt cap                                                                $8,032m
                                                                                                       NZD                   21.18%           40.60%          -28.43%               N.A.              N.A.            N.A.
Median market cap                                                                   $1,177m            2
                                                                                                        Returns for periods 1 year or less are actual. Returns for periods greater than 1 year are
 The actual ICR for the 12 month period to 30 June 2009 has been obtained from the                     annualised. The performance presented is historical and is not indicative of future performance.
annual report and other calculations for the Trust for that period. The actual ICR includes the        Returns are net of fees and expenses and assume income is reinvested in additional units and
management fee, and also includes any waived or deferred management fees and expenses                  that tax has not been deducted (with the exception of withholding tax). Returns are volatile and
which are being recovered. The actual ICR includes GST after talking into account any expected         can vary from year to year.
reduced input tax credits.

                                                                                                       GICS SECTOR3

                                                                                                                                Specialised REITs, 11.70%

                                                                                                                                                                                        Diversified REITs, 28.20%

                                                                                                                    Retail REITs, 32.42%

                                                                                                                                                                                           Industrial REITs, 7.39%

                                                                                                                                                                               Office REITs, 14.12%
                                                                                                                                            Residential REITs, 6.16%

                                                                                                           Based on the Global Industry Classification Standard (GICS)

SYDNEY                                                 Disclosure and Disclaimer
                                                       The material above is provided for information only. No account has been taken of the objectives, financial situation or needs of any
LONDON                                                 particular person. Accordingly, to the extent this material constitutes general financial product advice, investors should, before acting on
SANTA MONICA                                           the advice, consider the appropriateness of the advice, having regard to the investor’s objectives, financial situation and needs. This is not
                                                       an offer or recommendation to buy or sell securities or other financial products, nor a solicitation for deposits or other business, whether
AUSTIN                                                 directly or indirectly. A Product Disclosure Statement (PDS) for the Dimensional Australian Resident Trusts, under which offers to invest
CHICAGO                                                in these trusts are made, is available from the issuer of the PDS, DFA Australia Limited (ABN 46 065 937 671 Australian financial services
                                                       licence no. 238093) or by download from our website at www.dimensional.com.au. Investors should consider the current PDS in deciding
VANCOUVER                                              whether to invest in the trusts, or to continue to hold their investments in the trusts. Unless an exemption applies, anyone wishing to accept
www.dfaau.com                                          the offer in the PDS will need to complete the application form accompanying the PDS. Note that the performance presented is historical
                                                       and is no guarantee of future performance. DFA Australia Limited is the manager and responsible entity of the trusts and in that capacity
                                                       receives fees from the trusts, details of which are set out in the current PDS.

                                                       DFA Australia Limited – ABN 46 065 937 671 – AFSN 238093
                                                       Level 43, 1 Macquarie Place, Sydney NSW 2000 Telephone: 02 8336 7100                   Facsimile: 02 8336 7199 Email: invest@dimensional.com.au

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