Adam S. Drake, CFA Jan 15 2014, 10:16:48 am Dimensional Fund Advisors (DFA), overall, offers some excellent, low-cost mutual funds. The firm is known for applying academic research to its investment strategy. The funds are index-like, meaning they follow broad asset classes without individual stock picking. They do not, however, follow well know indexes like S&P or Russell. One limitation is that their funds can only be bought or sold through financial advisors that have been approved to work with DFA. I’ve been working with DFA funds for about 9 years. 0 Likes Todd Moerman, Integrity Investment Advisors Jan 16 2014, 11:08:27 am Here is some detailed information about Dimensional (DFA) vs. Vanguard. Both are great companies with different philosophies about how to build portfolios. DFA funds are no-load (commission-free), low cost, very diversified, and tax-efficient. They provide a much broader and deeper coverage of the global markets than other mutual funds. DFA currently manages about $332 Billion in assets. DFA funds focus on “factor investing”. They have enhanced the 3 factor model into the 4 factor model (market factor (beta), small cap factor, value factor and direct profitability factor). They also use momentum as a trading strategy. This is very different than the Vanguard strategy. Read more – http://www.integrityia.com/index.php/why-dfa-funds-vs-vanguard http://online.barrons.com/article/SB50001424053111904742804579284652021894432.html http://online.barrons.com/article/SB50001424052748704329604578636040239374904.html I hope this helps. Good luck. 0 Likes What These Icons Mean The user who posted this comment is a Stock Gumshoe Premium Member (also known as an "IRREGULAR"). This user regularly writes articles for Stock Gumshoe. They may or may not be the author of the current article. This user's comments have been "liked” by at least a few members of the Stock Gumshoe community. This user has commented widely, with input that has been liked enough to earn a two-thumbs-up rating from other readers. This is the highest rating a user can get. They are among the most respected commentors of our community. Copyright ©2017 Stock Gumshoe unless otherwise noted.