State Street to support Dimensional Fund Advisors’ ETF
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State Street to support Dimensional Fund Advisors’ ETF 23 March 2026US Reporter: Tahlia Kraefft
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State Street has been appointed as service provider for Dimensional Fund Advisors’ newly approved ETF share class structure.
The financial services firm will provide consistent, scalable support for Dimensional’s US launch — offering end-to-end service support, including custody, fund accounting, ETF basket creation, create/redeem order management, ETF settlement, transfer agency, and reporting.
Dimensional Fund Advisors says it is the first-of-its-kind in the US under the Securities and Exchange Commission’s (SEC’s) final exemptive relief, allowing it to introduce ETF share classes within its actively-managed mutual fund lineup.
Joerg Ambrosius, president of Investment Services at State Street, remarks: “We’re pleased to support Dimensional Fund Advisors as they implement ETF share classes under the SEC’s new framework.
“Our global experience with ETF share classes and our robust operational infrastructure uniquely position us to support Dimensional’s important launch. Dimensional’s prior selection of State Street to support the launch of its UCITS ETF range in Europe reflects the strength of our long-standing global partnership.”
Gerard O'Reilly, co-CEO and co-chief information officer, Dimensional Fund Advisor, adds: “Broader adoption of the share class structure can offer millions of American investors potential benefits of increased tax efficiency and cost savings from economies of scale.”
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