Client Letter – Q3 2011

During the past quarter, the world-wide equity markets took a steep fall.  In contrast, our bond positions did their job and held up the “fort.”  The chart below shows the 3-month, 5-year, and 10-year performance of many DFA funds (representing different asset classes) compared to the S&P 500 Index: Market Returns for the period ending September 30, 2011  DFA Fund […]