Jed Fogdall - International Core Fund Manager
| DFIEX Fund | USD 15.67 0.05 0.32% |
Jed S. Fogdall is a CoHead of Portfolio Management and Vice President of Dimensional and a member of Dimensionals Investment Committee. Mr. Fogdall has an MBA from the University of California, Los Angeles and a BS from Purdue University. Mr. Fogdall joined Dimensional as a Portfolio Manager in 2004 and was responsible for international portfolios since 2010 and domestic portfolios since 2012.
| Phone | 888-576-1167 |
International Core Management Performance (%)
Similar Money Managers
| Found 1 records | One Year Return | ||
| David Plecha | Dfa Five Year Global | N/A | |
International Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right mutual fund is not an easy task. Is International Core a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Price To Earning | 14.91 X | ||||
| Price To Book | 1.30 X | ||||
| Price To Sales | 0.74 X | ||||
| Total Asset | 34.68 B | ||||
| Annual Yield | 0.03 % | ||||
| Year To Date Return | 2.77 % | ||||
| One Year Return | 9.89 % | ||||
| Three Year Return | 2.45 % | ||||
| Five Year Return | 6.43 % | ||||
| Ten Year Return | 5.23 % |
Pair Trading with International Core
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if International Core position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in International Core will appreciate offsetting losses from the drop in the long position's value.Moving together with International Mutual Fund
| 0.77 | DIHRX | Intal High Relative | PairCorr |
| 0.69 | DILRX | Dfa International | PairCorr |
| 0.96 | DISVX | Dfa International Small | PairCorr |
| 0.83 | DISMX | Dfa International | PairCorr |
The ability to find closely correlated positions to International Core could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace International Core when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back International Core - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling International E Equity to buy it.
The correlation of International Core is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as International Core moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if International E Equity moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for International Core can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in International E Equity. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the International E Equity information on this page should be used as a complementary analysis to other International Core's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.