Dimensional Fund Advisers have announced a number of changes to their range of Multi-Factor funds.
With effect from 1st October 2015 the names of the funds will change as follows:
- The Multi-Factor Equity Fund will be re-named the World Equity Fund
- The Multi-Factor Balanced Fund will be re-named the World Allocation 60/40 Fund (this reflects the 60% of funds allocated to equities and 40% of funds allocated to cash and bonds)
- The Multi-Factor Conservative Fund will be re-named the World Allocation 40/60 Fund (this reflects the 40% of funds allocated to equities and 60% of funds allocated to cash and bonds)
Please note as a result of theses name changes there are no changes being made to the objectives of these funds or their day-to-day management and operation, nor will there be any change to the respective fund ISIN and SEDOL numbers.