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Products October 2, 2007
Dimensional Fund Advisors to Launch Retirement Share Classes
Institutional investment manager Dimensional Fund Advisors will launch two retirement share classes for defined contribution plans.
Reported by Adrien Martin
The retirement share, or R share, classes pay a fee to parties who provide services to plans and their participants, according to a news release. Dimensional’s R shares contain no 12b-1 or distribution fees.
The share classes will carry 10 basis point and 25 basis point fees. The fees will be used to pay for services such as recordkeeping, the announcement said.
For more information visit www.dfaus.com.