Japanese Small Company Portfolio


Inception Date
January 31, 1986 		Ticker Symbol
DFJSX		 CUSIP Number
233-203-108

The Japanese Small Company Portfolio is a no-load mutual fund designed to achieve long-term capital appreciation. The Portfolio pursues its objective by participating in the investment performance of a broad range of readily marketable stocks of Japanese small companies which are traded in the Japanese securities market. Company size is based primarily on the market capitalization of Japanese operating companies traded on selected exchanges. The maximum market capitalization threshold will change due to market conditions.

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

Prices
Updated Daily
 
Date Closing Price NAV Change $ NAV Change %
August 19, 2008 $13.46 $-0.20 -1.46%

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 August 19, 2008 -12.65%


Updated Monthly
Total Returns One Month Three Month Year-to-Date
As of July 31, 2008 -2.79% -4.04% -4.99%
 
Average Annual Total Returns One Year Five Years Ten Years Since Inception
As of July 31, 2008 -16.31% 10.42% 6.43% N/A


Updated Quarterly
Average Annual Total Returns One Year Five Years Ten Years Since Inception
As of June 30, 2008 -13.48% 11.33% 6.62% N/A

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 0.56% 0.56%

Dimensional has contractually agreed to waive certain fees and assume expenses for a one-year period set to terminate on April 1 unless renewed. Dimensional may seek reimbursement for amounts previously waived under the conditions outlined in the prospectus.


Distributions
Last 12 Months
 

Type		 Amount per Share Record Date Ex-dividend Date Payable Date Ex-dividend Price
Dividend $0.1550 6/9/2008 6/10/2008 6/13/2008 $15.35
Dividend $0.0140 3/7/2008 3/10/2008 3/13/2008 $14.40
Dividend $0.1110 12/18/2007 12/19/2007 12/24/2007 $15.52
Dividend $0.0150 9/7/2007 9/10/2007 9/13/2007 $16.71


Top Holdings
 

As of July 31, 2008
% of Portfolio
IT HOLDINGS CORP 0.40
GS YUASA CORP 0.39
MOCHIDA PHARMACEUTICAL CO LTD 0.37
DAISEKI CO LTD 0.35
TOYO ENGINEERING CORP 0.35
HITACHI TRANSPORT SYSTEM LTD 0.35
HITACHI SOFTWARE ENGINEERING CO LTD 0.32
ROHTO PHARMACEUTICAL CO LTD 0.32
HANWA CO LTD 0.32
NIPPON DENKO CO LTD 0.30
KISSEI PHARMACEUTICAL CO LTD 0.30
HOSIDEN CORP 0.30
MARUETSU INC/THE 0.30
NISSAN SHATAI CO LTD 0.29
ITOHAM FOODS INC 0.29
TOAGOSEI CO LTD 0.28
MODEC INC 0.28
NIFCO INC/JAPAN 0.28
MATSUYA CO LTD 0.27
BANK OF IWATE LTD/THE 0.27
Total 6.33


Sector Allocations
 
As of July 31, 2008 % of Portfolio
Consumer Discretionary 20.6
Consumer Staples 10.9
Energy 1.4
Financials 10.2
Health Care 4.6
Industrials 28.0
Information Technology 11.5
Materials 12.0
Other 0.0
Utilities 0.7
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.

Small Company Risk
Securities of small firms are often less liquid than those of large companies. As a result, small company stocks may fluctuate relatively more in price.

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.