DFA Emerging Markets Small Cap Portf

Frequently Asked Questions About DEMSX

What does DEMSX invest in?

This portfolio operates as a feeder fund, primarily channeling virtually all of its capital into its associated master fund, the Emerging Markets Small Cap Series, which is part of the DFA Investment Trust Company. Both the feeder and master funds share identical investment goals and strategic guidelines. As a non-core policy, under normal circumstances, the Emerging Markets Small Cap Series is mandated to invest at least 80% of its net holdings in small-capitalization companies within emerging markets, specifically those securities classified as "Approved Market" within its prospectus.

What is the expense ratio of DEMSX?

DFA Emerging Markets Small Cap Portf (DEMSX) charges an expense ratio of 0.80%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DEMSX?

DFA Emerging Markets Small Cap Portf (DEMSX) manages $3.74B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is DEMSX actively managed or an index fund?

DEMSX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was DEMSX launched?

DFA Emerging Markets Small Cap Portf (DEMSX) launched in March 1998 and is managed by Dimensional.

How has DEMSX performed?

DEMSX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.