Dimensional Equity
Funds

PWL Capital (PWL) primarily uses funds from Dimensional Fund Advisors (Dimensional) to build our
clients’ investment portfolios. PWL’s current position is that for the purpose of accessing multiple
risk premiums in a systematic, cost- and tax-efficient manner for Canadian investors, Dimensional
Canada’s offering is unparalleled. The objective of this paper is to provide a broad overview of
the theory and evidence behind the investment approach, and the specifics of how Dimensional
implements investment products.