The fund's manager actively trades investments for the portfolio, prioritizing tax efficiency. This involves both deferring and minimizing the recognition of overall capital gains, often by using capital losses to counteract existing or anticipated profits. A significant objective is also to ensure that any gains realized are classified as long-term, thus qualifying for more favorable tax rates. Additionally, the fund concentrates its investments in equity securities of large corporations based outside the U.S., specifically in developed market countries, with the advisor selecting those deemed to be relatively undervalued.

Shell plc

HSBC Holdings plc

The Toronto-Dominion Bank

BP p.l.c.

Suncor Energy Inc.

Novartis AG

Cenovus Energy Inc.

Nutrien Ltd.

Barrick Mining Corporation

The Bank of Nova Scotia

Financial Services

Energy

Basic Materials

Consumer Cyclical

Industrials

Healthcare

Consumer Defensive

Communication Services

Technology

Utilities

Dimensional International Value ETF

DFIV Holdings & Sector Breakdown