DFAU

DFAU is an actively managed fund that primarily aims to achieve long-term capital appreciation. It holds a diversified US securities portfolio of all market capitalizations having an increased exposure to small-cap companies with lower relative price and higher profitability. Factors such as price to cash flow or price to earnings ratios are considered in assessing the relative price, while other ratios such as earnings or profits from operations relative to book value or assets are analyzed for profitability measures. In addition to these, short-term considerations such as price momentum and investment characteristics are also reviewed for securities selection. The fund will invest in US securities across various sectors.