Fund Description

The fund was incepted in February 1996 and is managed by Dimensional Fund Advisors Inc. The investment objective of the fund is to maximize total returns consistent with preservation of capital. Generally, the fund invests in high quality, U.S. dollar denominated domestic or foreign obligations, which mature within two years from the date of settlement. The fund expects to invest in foreign obligations issued or guaranteed by any of the following countries (but may invest in other countries as well): Australia, Canada, Denmark, France, Germany, Japan, Netherlands, Sweden, and United Kingdom. Investments in corporate debt obligations, bank obligations, commercial paper, repurchase agreements, and obligations of other domestic and foreign issuers with high quality ratings may also be included. The fund is diversified, and with respect to corporate debt obligations and commercial paper, the fund generally invests in securities rated A1/P1 or better. Dividends are distributed quarterly. Net realized capital gains are distributed annually after the end of the fiscal year.