Large Cap International Portfolio


Inception Date
July 17, 1991 		Ticker Symbol
DFALX		 CUSIP Number
233-203-868

The Large Cap International Portfolio is a no-load mutual fund designed to achieve long-term capital appreciation. The Portfolio pursues its objective by investing in the stocks of large non-US companies. Company size is measured on a country- or region-specific basis and based primarily on the market capitalization of operating companies traded on selected exchanges. The minimum market capitalization threshold varies by country or region and will change due to market conditions. The Portfolio currently invests in companies in Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, and United Kingdom.

For a full description, please consult the Portfolio's prospectus.

Prices
Updated Daily
 
Date Closing Price NAV Change $ NAV Change %
October 10, 2008 $14.27 $-0.64 -4.29%

These Net Asset Values ("NAVs") have been prepared by the fund accounting agent. Dimensional Fund Advisors reserves the right to restate these NAVs, if necessary, at any time.


Performance
 
Updated Daily
Total Returns Year-to-Date
As of October 10, 2008 -44.09%


Updated Monthly
Total Returns One Month Three Month Year-to-Date
As of September 30, 2008 -12.16% -18.97% -26.23%
 
Average Annual Total Returns One Year Five Years Ten Years Since Inception
As of September 30, 2008 -27.42% 10.19% 5.48% 6.11%


Updated Quarterly
Average Annual Total Returns One Year Five Years Ten Years Since Inception
As of September 30, 2008 -27.42% 10.19% 5.48% 6.11%

Performance data represents past performance. Past performance is no guarantee of future results, and current performance may be higher or lower than the performance displayed. The investment return and principal value of an investment will fluctuate such that an investor's shares, when redeemed, may be worth more or less than their original cost. Total returns include reinvestment of dividends and capital gains and are net of all fees and expenses. Prior to April 2002, certain international equity portfolios charged a reimbursement fee to the purchasers of shares of those portfolios.


Annual Expenses Total Operating
Expense Ratio		 Net Expense Ratio
(to investor)
As of November 30, 2007 0.29% 0.29%



Distributions
Last 12 Months
 

Type		 Amount per Share Record Date Ex-dividend Date Payable Date Ex-dividend Price
Dividend $0.0950 9/8/2008 9/9/2008 9/12/2008 $19.76
Dividend $0.4200 6/9/2008 6/10/2008 6/13/2008 $24.25
Dividend $0.0440 3/7/2008 3/10/2008 3/13/2008 $23.18
Dividend $0.0410 12/18/2007 12/19/2007 12/24/2007 $25.38
LT Capital Gain $0.3530 12/18/2007 12/19/2007 12/24/2007 $25.38
Dividend $0.1150 11/23/2007 11/26/2007 11/29/2007 $26.15


Top Holdings
 

As of September 30, 2008
% of Portfolio
NESTLE SA 1.58
HSBC HOLDINGS PLC 1.26
BP PLC 1.18
ROCHE HOLDING AG 1.07
TOTAL SA 0.90
TOYOTA MOTOR CORP 0.87
GLAXOSMITHKLINE PLC 0.86
VODAFONE GROUP PLC 0.85
NOVARTIS AG 0.79
BNP PARIBAS 0.73
E.ON AG 0.73
ROYAL BANK OF CANADA 0.64
TELEFONICA SA 0.60
HSBC HOLDINGS PLC 0.59
BHP BILLITON LTD 0.59
ROYAL DUTCH SHELL PLC 0.56
ROYAL DUTCH SHELL PLC 0.54
BANCO SANTANDER SA 0.53
TESCO PLC 0.53
BG GROUP PLC 0.52
Total 15.92


Sector Allocations
 
As of September 30, 2008 % of Portfolio
Consumer Discretionary 9.1
Consumer Staples 8.9
Energy 10.0
Financials 25.8
Health Care 8.0
Industrials 11.2
Information Technology 5.2
Materials 9.8
Other 0.0
Reits 0.0
Telecommunication Services 5.7
Utilities 6.3
Total 100.0

Sectors defined by MSCI.


View proxy vote filings.

Market Risk
Even a long-term investment approach cannot guarantee a profit. Economic, political, and issuer-specific events will cause the value of securities, and the funds that own them, to rise or fall. Because the value of your investment in a fund will fluctuate, there is a risk that you will lose money.

Foreign Securities and Currencies Risk
Foreign securities prices may decline or fluctuate because of: (a) economic or political actions of foreign governments, and/or (b) less regulated or liquid securities markets. Investors holding these securities are also exposed to foreign currency risk (the possibility that foreign currency will fluctuate in value against the US dollar).

Dimensional Fund Advisors is an investment advisor registered with the Securities and Exchange Commission. Consider the investment objectives, risks, and charges and expenses of the Dimensional funds carefully before investing. For this and other information about the Dimensional funds, please read the prospectus carefully before investing. Prospectuses are available by calling Dimensional Fund Advisors collect at (310) 395-8005; on the Internet at www.dimensional.com; or, by mail, DFA Securities Inc., c/o Dimensional Fund Advisors, 1299 Ocean Avenue, Santa Monica, CA 90401.

Mutual funds distributed by DFA Securities Inc.