Dimensional Fund Advisors has increased its local offering with three-component funds specifically targeting the long-term premium available from Australian and global value stocks as well as global small caps.

The new strategies include Dimensional Australian Value Trust (DAVA), Dimensional Global Value Trust (DGVA) and Dimensional Global Small Company Trust (DGSM).

According to the firm, they will complement its first launch of three actively managed core equity strategies in an ETF wrapper last November.

As with the underlying funds, the new vehicles are offered in a 'dual access' structure, available through ASX-listed and non-listed distribution channels.

"Our strategies offer the benefits of indexing - such as low costs, low turnover and high diversification - combined with the advantages of flexible deployment, which provides a continuous focus on higher expected returns," said Dimensional Australia CEO Bhanu Singh.

Dimensional's first three domestic ETF offerings were Australian Core Equity, Global Core Equity (Unhedged) and Global Core Equity (AUD Hedged), which provide broad exposure to Australian and other developed capital markets.

According to the ETF provider, the new component strategies offer a more targeted approach to these individual premiums and are poised to support investment professionals seeking access to Dimensional's systematic approach.

“Systematic investing, or factor-based investing, is a rules-based approach to money management. It replaces the subjectivism of traditional active management with rigorous academic research and avoids the limitations of indexing through an active but process-driven pursuit of higher expected returns,” the firm said.

"For four decades, we've focused on empowering investment professionals so they can provide their clients with the best investment experience," said Nathan Krieger, Dimensional's Australian client group leader.

"We believe that a rules-based investment approach can help provide a more reliable and smoother market experience for investors and can help better address different portfolio goals and aspirations."

In November, Dimensional said it had seen "significant growth" since entering the US ETF market in 2020, now ranking as the largest issuer of actively managed ETFs in the world.

More than 35 ETFs are offered by the firm in the US with approximately $220 billion in assets.

"Our success in the US and our discussions with local clients tell us that some prefer the flexibility that ETFs offer," Krieger said at the time.

“It just gives advisors and other intermediaries more ways to access what we're doing. And we always start with the customer's needs.”