DACE
Actively managedAustralian SharesDimensional Australian Core Equity Trust - Active ETF
About this ETF
The investment objective of the Fund is to provide long-term capital growth by gaining exposure to a diversified portfolio of securities listed in Australia with increased emphasis on higher expected return securities relative to a Market Capitalisation Weighted portfolio.
IssuerDimensional
Management fee (MER)0.28% p.a.
Inception date13 Nov 2023
BenchmarkS&P/ASX 300 TR
Scout Score
83/100
Ranked #2 of 23 in active Australian SharesAn independent score calculated by ETF Scout across 6 real-data factors (cost, diversification, liquidity, fund strength, performance, income), ranked against other actively-managed funds in the same category. Tracking isn't scored, since active funds don't target an index.
Cost91
Diversification—
Liquidity86
Fund Strength80
Performance—
Income50
Strengths
- Low fee — 0.28% p.a., cheaper than 91% of active Australian Shares funds.
- Highly liquid — 0.16% bid/ask spread, better than 86% of active Australian Shares peers.
- Large, established fund — $12.7B in assets, bigger than 80% of active Australian Shares funds.
Weaknesses
No notable weaknesses found relative to category peers.