- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- London NW1 3BF, United Kingdom United Kingdom
- IPO Date
- Jan 2, 2019
- Business
- Dimensional Funds plc - Global Core Equity Lower Carbon ESG Screened Fund USD Accumulation (ISIN: IE00B8DMPF88; Ticker: 0P0000YVM9) is an open-ended investment company sub-fund that seeks long-term capital appreciation through systematic exposure to a diversified portfolio of global equities, emphasizing lower carbon emissions and ESG screening. The Fund invests primarily in equity securities of companies across developed markets worldwide, excluding emerging markets, with a focus on large-cap blend style; it applies proprietary screens to tilt toward profitability, value, and lower-carbon characteristics while avoiding securities involved in controversial activities such as tobacco, weapons, and fossil fuels. Core offerings include accumulation share classes in USD, with an ongoing charge of 0.27%, daily pricing, and availability in markets including Austria, Finland, Germany, Ireland, Luxembourg, Netherlands, Norway, Singapore, Sweden, Switzerland, and the United Kingdom; top holdings feature leading technology firms like NVIDIA Corp (4.69%), Apple Inc (4.50%), Amazon.com Inc (2.95%), Meta Platforms Inc (2.57%), and Microsoft Corp (1.92%), representing 16.64% of the portfolio, with sector allocations led by technology (23.27%), financial services (19.23%), industrials (13.42%), consumer cyclical (12.11%), and healthcare (10.30%).
Domiciled in Ireland and launched on June 26, 2013, the Fund operates under Dimensional Funds plc, an umbrella UCITS structure authorized by the Central Bank of Ireland with registration number 352043 and headquarters at 3 Dublin Landings, North Wall Quay, Dublin 1; it is managed by Dimensional Ireland Limited, with Nathan Lacaze as lead manager since inception, and benefits from investment management by Dimensional Fund Advisors Ltd. The Fund targets institutional and professional investors seeking global large-cap equity exposure with sustainability integration, maintaining a fund size of approximately 4.21 billion GBP and share class size of 75.10 million GBP as of recent data.
Recent developments include Dimensional Fund Advisors, the affiliate investment manager, renewing its transfer agency agreement with SS&C Global Investor and Distribution Solutions in March 2025 for UK fund operations managing GBP 8.7 billion, enhancing operational efficiency; in January 2025, Dimensional partnered with Prudential Financial and Fiduciary Exchange to launch protected lifetime income strategies incorporating Dimensional indices into annuity products like FlexGuard and SurePath; the firm also continues portfolio adjustments, such as increasing stakes in select equities like Vista Outdoor Inc in late 2024, aligning with its systematic approach amid growing assets under management reaching $777 billion firmwide by year-end 2024.