DFAE – New ETF on the blockDimensional Emerging Core Equity Market ETF (DFAE) is part of a new family of active ETFs offered by Dimensional Fund Advisors as of 01 December 2020. The primary holding include: ALIBABA GROUP HOLDING-SP ADR, TENCENT, Taiwan Semiconductor Manufacturing, Samsung Electronics Co. Ltd., China Construction Bank Corp., SK Hynix Inc., Reliance Industries Limited and others.
• The expected exponential growth of DFAE is based upon three main factors.
• The GDP growth for China going into 2021 has a projected trend of 5.90%.
• The forecast growth of 6.8% going into 2021 for Asia as a whole.
• Safe, effective and timely COVID-19 vaccine delivery these developing economies.
• A reduction in U.S. aggression, rhetoric, and harmful trade practices towards China under the new Biden administration.
Sources:
Asian Development Bank (ADB)
tradingeconomics.com
us.dimensional.com
