Key Highlights

  • The trust seeks long-term Capital growth through a diversified portfolio of Australian securities with increased emphasis on higher expected return securities.
  • Basic materials are the largest sector at 31.01 percent, against 26.24 percent for the category.
  • Financial services account for 22.87 percent, below the category figure of 30.04 percent.
  • Management fees and costs are 0.28 percent, and the fund size is $6.98 billion across 488 companies.

The Dimensional Australian Core Equity Trust - Active ETF (ASX:DACE) aims to provide long-term capital growth by gaining exposure to a diversified portfolio of securities listed in Australia. On 4 November 2026 the units were quoted at $18.50, down 3 cents or about 0.2 percent from the previous close of $18.54, with 349 units traded. The fund was admitted on 13 November 2023 and sits in the Equity Australia Large Blend category.

Fund detail

Information

Ticker

ASX:DACE

Benchmark

S&P/ASX 300 TR

Category

Equity Australia Large Blend

Admitted

13 November 2023

Management fees and costs

0.28%

Fund size

$6.98 Billion

Units outstanding

376,487,888

Turnover ratio

7.10%

Total fund holdings

488 companies

Last price (4 November 2026)

$18.50

ISIN

AU60DFA00034

Investment approach

The trust's objective 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.

Market capitalisation data places 86.14 percent of holdings above one billion dollars, with 11.59 percent between $500 million and $1 billion and 2.28 percent below $500 million.

Sector and country weighting

Basic materials are 31.01 percent, against 26.24 percent for the category. Industrials are 8.70 percent against 6.74 percent, and energy 7.50 percent against 4.85 percent.

Financial services are 22.87 percent against 30.04 percent, and healthcare 4.50 percent against 6.88 percent. Australia accounts for 99.51 percent of geographic exposure.

Largest holdings and turnover

BHP Group leads at 10.20 percent, followed by Commonwealth Bank of Australia at 4.15 percent and Westpac at 3.07 percent. National Australia Bank, Woodside Energy, ANZ, Rio Tinto, Wesfarmers, Goodman Group and QBE complete the top ten.

The ten largest holdings make up 32.18 percent of the fund, with the remaining 67.82 percent spread across the other 478 companies. The Turnover ratio is 7.10 percent.

Final Word

The trust's sector weights differ from the market-cap benchmark, with a higher basic materials and energy allocation and a lower financial services weight. Its 0.28 percent fee and broad holdings are the principal figures on the listing, and the portfolio design follows the trust's stated Investment objective.