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Trending ETFs

SA International Small Company Fund

mutual fund
SAISX
Payout Change
Pending
Price as of:
$20.53 -0.17 -0.82%
primary theme
International Mid-Cap Blend Equity
share class
SAISX (Mutual Fund)

SA International Small Company Fund

Payout Change
Pending
Price as of:
$20.53 -0.17 -0.82%
primary theme
International Mid-Cap Blend Equity
share class
SAISX (Mutual Fund)

SA International Small Company Fund

Payout Change
Pending
Price as of:
$20.53 -0.17 -0.82%
primary theme
International Mid-Cap Blend Equity
share class

Name

As of 06/14/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$20.53

$249 M

2.50%

$0.51

0.93%

Vitals

YTD Return

2.5%

1 yr return

7.7%

3 Yr Avg Return

-1.4%

5 Yr Avg Return

6.0%

Net Assets

$249 M

Holdings in Top 10

100.0%

52 WEEK LOW AND HIGH

$20.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.93%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 2.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$100,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/14/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$20.53

$249 M

2.50%

$0.51

0.93%

SAISX - Profile

Distributions

  • YTD Total Return 2.5%
  • 3 Yr Annualized Total Return -1.4%
  • 5 Yr Annualized Total Return 6.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.11%
DIVIDENDS
  • Dividend Yield 2.5%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    SA International Small Company Fund
  • Fund Family Name
    SA FUNDS INVESTMENT TRUST
  • Inception Date
    Jan 11, 2001
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jed Fogdall

Fund Description

Instead of buying securities directly, the Fund invests substantially all of its assets in the DFA Portfolio, which is managed by the Sub-Adviser and has the same investment objective and investment policies as the Fund. The DFA Portfolio seeks to provide investors with access to securities portfolios consisting of a broad range of equity securities of primarily small Japanese, United Kingdom, Continental European, Asia Pacific and Canadian companies. The DFA Portfolio invests substantially all of its assets in: The Japanese Small Company Series (the “Japanese Series”), The United Kingdom Small Company Series (the “United Kingdom Series”), The Continental Small Company Series (the “Continental Series”), The Asia Pacific Small Company Series (the “Asia Pacific Series”) and The Canadian Small Company Series (the “Canadian Series”) (each an “Underlying Fund” and together, the “Underlying Funds”), each of which is a series of The DFA Investment Trust Company. Periodically, Dimensional Fund Advisors LP (the “Sub-Adviser”) will review the allocations for the DFA Portfolio in each Underlying Fund and may adjust allocations to the Underlying Funds or may add or remove Underlying Funds in the DFA Portfolio without notice to shareholders.

To achieve the DFA Portfolio’s and the Underlying Funds’ investment objectives, the Sub-Adviser implements an integrated investment approach that combines research, portfolio design, portfolio management, and trading functions. As further described below, the DFA Portfolio’s and the Underlying Funds’ designs emphasize long-term drivers of expected returns identified by the Sub-Adviser’s research, while balancing risk through broad diversification across companies and sectors. The Sub-Adviser’s portfolio management and trading processes further balance those long-term drivers of expected returns with shorter-term drivers of expected returns and trading costs. 

The DFA Portfolio is designed to provide investors with access to securities portfolios consisting of a broad range of equity securities of primarily small Canadian, Japanese, United Kingdom, Continental European and Asia Pacific companies. The DFA Portfolio also may have some exposure to small capitalization equity securities associated with other countries or regions. Each Underlying Fund invests in small companies using a market capitalization weighted approach in each country or region designated by the Sub-Adviser as an approved market for investment. A company’s market capitalization is the number of its shares outstanding times its price per share. Under a market capitalization weighted approach, companies with higher market capitalizations generally represent a larger proportion of an Underlying Fund than companies with relatively lower market capitalizations. The DFA Portfolio and Underlying Funds may emphasize certain stocks, including smaller capitalization companies, lower relative price stocks, and/or higher profitability stocks as compared to their representation in the countries and/or regions in which the DFA Portfolio and/or Underlying Funds are authorized to invest. An equity issuer is considered to have a low relative price (i.e., a value stock) primarily because it has a low price in relation to its book value. In assessing relative price, the Sub-Adviser may consider additional factors such as price-to-cash flow or price-to-earnings ratios. An equity issuer is considered to have high profitability because it has high earnings or profits from operations in relation to its book value or assets. The criteria the Sub-Adviser uses for assessing relative price and profitability are subject to change from time to time. As a non-fundamental policy, under normal circumstances, the Fund, through its investments in the DFA Portfolio and, indirectly, the Underlying Funds, will invest at least 80% of its net assets in securities of small companies.

The Sub-Adviser may also increase or reduce the DFA Portfolio’s and/or Underlying Funds’ exposure to an eligible company, or exclude a company, based on shorter-term considerations, such as a company’s price momentum and investment characteristics. In assessing a company’s investment characteristics, the Sub-Adviser considers ratios such as recent changes in assets divided by total assets. The criteria the Sub-Adviser uses for assessing a company’s investment characteristics are subject to change from time to time. In addition, the Sub-Adviser seeks to reduce trading costs using a flexible trading approach that looks for opportunities to participate in the available market liquidity, while managing turnover and explicit transaction costs.

As of August 31, 2023, the DFA Portfolio invested its assets in the Underlying Funds within the following ranges (expressed as a percentage of the DFA Portfolio’s assets):

Underlying Fund Investment Range
Japanese Series 10% - 35%
United Kingdom Series 10% - 30%
Continental Series 25% - 50%
Asia Pacific Series 5% - 25%
Canadian Series 5% - 20%

The allocation of the assets of the DFA Portfolio to be invested in the Underlying Funds will be determined by the Sub-Adviser on at least a semi-annual basis. The Underlying Funds invest primarily in countries that the Sub-Adviser views as developed market countries. Each Underlying Fund may lend its portfolio securities to generate additional income.

The DFA Portfolio and the Underlying Funds are advised by the Sub-Adviser. For as long as the Fund invests substantially all of its assets in the DFA Portfolio, the Sub-Adviser will not receive any sub-advisory fee from the Fund for its sub-advisory services. The Sub-Adviser receives an investment management fee from the DFA Portfolio for the services the Sub-Adviser provides to the DFA Portfolio. The Sub-Adviser also receives investment management fees for providing investment management services to the Underlying Funds. The Sub-Adviser has agreed to this fee arrangement in order to prevent duplication of advisory fees to the Sub-Adviser.

The Fund may withdraw its investment in the DFA Portfolio at any time if the Fund’s Board of Trustees determines that it is in the best interest of the Fund and its shareholders to do so. If this happens, the Fund’s assets either will be invested in another mutual fund or will be invested directly according to the investment policies and restrictions described in this Prospectus.

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SAISX - Performance

Return Ranking - Trailing

Period SAISX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -3.9% 8.3% 30.12%
1 Yr 7.7% -1.7% 13.8% 36.14%
3 Yr -1.4%* -8.4% 5.7% 35.00%
5 Yr 6.0%* 1.9% 9.6% 36.36%
10 Yr 3.8%* 2.1% 6.3% 50.00%

* Annualized

Return Ranking - Calendar

Period SAISX Return Category Return Low Category Return High Rank in Category (%)
2023 10.1% 1.1% 25.3% 80.72%
2022 -22.5% -35.4% -13.9% 72.84%
2021 7.1% -5.3% 14.4% 41.03%
2020 6.4% 3.1% 17.0% 67.95%
2019 16.5% 13.1% 25.4% 91.55%

Total Return Ranking - Trailing

Period SAISX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -3.9% 8.3% 30.12%
1 Yr 7.7% -1.7% 13.8% 36.14%
3 Yr -1.4%* -8.4% 5.7% 35.00%
5 Yr 6.0%* 1.9% 9.6% 36.36%
10 Yr 3.8%* 2.1% 6.3% 50.00%

* Annualized

Total Return Ranking - Calendar

Period SAISX Return Category Return Low Category Return High Rank in Category (%)
2023 13.8% 2.5% 25.8% 68.67%
2022 -17.7% -35.4% -10.9% 20.99%
2021 13.4% 7.7% 18.9% 33.33%
2020 8.6% 3.5% 18.1% 74.36%
2019 23.2% 17.4% 32.7% 46.48%

NAV & Total Return History


SAISX - Holdings

Concentration Analysis

SAISX Category Low Category High SAISX % Rank
Net Assets 249 M 5.58 M 11.4 B 79.52%
Number of Holdings 2 2 4721 100.00%
Net Assets in Top 10 265 M 1.36 M 11.3 B 28.92%
Weighting of Top 10 99.99% 5.6% 100.0% 2.41%

Top 10 Holdings

  1. DFA International Small Company I 99.99%

Asset Allocation

Weighting Return Low Return High SAISX % Rank
Stocks
98.58% 92.24% 99.43% 25.30%
Cash
1.40% 0.00% 8.76% 85.54%
Other
0.03% 0.00% 56.26% 44.58%
Preferred Stocks
0.00% 0.00% 3.11% 77.11%
Convertible Bonds
0.00% 0.00% 0.00% 62.20%
Bonds
0.00% 0.00% 0.29% 66.27%

Stock Sector Breakdown

Weighting Return Low Return High SAISX % Rank
Industrials
24.14% 12.46% 32.63% 30.49%
Financial Services
13.25% 2.16% 21.69% 26.83%
Consumer Cyclical
12.54% 9.23% 27.42% 46.34%
Basic Materials
11.68% 0.02% 13.14% 18.29%
Technology
10.64% 9.14% 22.43% 86.59%
Consumer Defense
5.94% 2.29% 12.17% 42.68%
Energy
5.42% 0.00% 12.34% 20.73%
Healthcare
4.82% 0.00% 18.67% 93.90%
Real Estate
4.44% 0.00% 12.22% 79.27%
Utilities
3.88% 0.00% 4.57% 20.73%
Communication Services
3.25% 1.47% 8.56% 68.29%

Stock Geographic Breakdown

Weighting Return Low Return High SAISX % Rank
Non US
96.88% 0.00% 99.40% 25.30%
US
1.70% 0.00% 99.03% 34.94%

SAISX - Expenses

Operational Fees

SAISX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.93% 0.08% 9.00% 80.72%
Management Fee 0.25% 0.05% 1.03% 8.43%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.03% 0.25% 75.00%

Sales Fees

SAISX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 0.00% 5.00% N/A

Trading Fees

SAISX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SAISX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 2.00% 1.00% 185.00% 2.60%

SAISX - Distributions

Dividend Yield Analysis

SAISX Category Low Category High SAISX % Rank
Dividend Yield 2.50% 0.00% 3.84% 100.00%

Dividend Distribution Analysis

SAISX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

SAISX Category Low Category High SAISX % Rank
Net Income Ratio 1.11% 0.03% 2.41% 51.22%

Capital Gain Distribution Analysis

SAISX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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SAISX - Fund Manager Analysis

Managers

Jed Fogdall


Start Date

Tenure

Tenure Rank

Oct 29, 2012

9.59

9.6%

Jed S. Fogdall is a Co-Head of Portfolio Management and Vice President of Dimensional and a member of Dimensional’s 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 has been responsible for international portfolios since 2010 and domestic portfolios since 2012.

Bhanu Singh


Start Date

Tenure

Tenure Rank

Oct 29, 2015

6.59

6.6%

Bhanu P. Singh is Vice President and a Senior Portfolio Manager of the Sub-Adviser. Mr. Singh joined Dimensional originally in 2003 and has been a portfolio manager since 2012. Mr. Singh has an M.B.A. from the University of Chicago Booth School of Business and a B.A. from the University of California, Los Angeles.

Arun Keswani


Start Date

Tenure

Tenure Rank

Oct 29, 2015

6.59

6.6%

Mr. Keswani is a Senior Portfolio Manager and Vice President of Dimensional Fund Advisors LP. Mr. Keswani joined Dimensional in 2011 and has been a portfolio manager since 2013. Mr. Keswani holds an MBA from the Massachusetts Institute of Technology Sloan School of Management, an MS from Pennsylvania State University, and a BS from Purdue University.

Mary Phillips


Start Date

Tenure

Tenure Rank

Oct 29, 2017

4.59

4.6%

Mary T. Phillips, CFA, Deputy Head of Portfolio Management, North America, Senior Portfolio Manager and Vice President of Dimensional, joined Dimensional in 2012 and has been a portfolio manager since 2014. Ms. Phillips began managing Dimensional’s allocated portion of the Fund’s portfolio in March 2018. Ms. Phillips earned an MBA with concentration in analytic finance, statistics and econometrics, and managerial and organizational behavior from the University of Chicago and a BA from the University of Puget Sound.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 21.76 7.61 18.43