Dimensional Investment NCSR Certified annual shareholder report (management investment company)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number			811-6067

DIMENSIONAL INVESTMENT GROUP INC.
(Exact name of registrant as specified in charter)

1299 Ocean Avenue, Santa Monica, CA					90401
(Address of principal executive offices)					(Zip code)

Catherine L. Newell, Esquire, Vice President and Secretary Dimensional Investment Group Inc., 1299 Ocean Avenue, Santa Monica, CA 90401
(Name and address of agent for service)

Registrant’s telephone number, including area code:				310-395-8005

Date of fiscal year end:	October 31

Date of reporting period:		October 31, 2008

ITEM 1. REPORTS TO STOCKHOLDERS.

DIMENSIONAL INVESTMENT GROUP INC.

U.S. Large Company Institutional Index Portfolio

Annual Report

Period Ended October 31, 2008

Dimensional Fund Advisors
6300 Bee Cave Road, Building One
Austin, TX 78746

December 2008

Dear Fellow Shareholder,

This has been a challenging year for investors. After drifting lower throughout the spring and summer, stock markets around the world plummeted in mid September on news that the ongoing credit crisis was driving some leading financial services companies toward failure. As the effects of this distress rippled through the financial world, investors became increasingly anxious and stock prices continued to decline sharply. In the month of October, the S&P 500 Index fell 16.8% or 196 points—its worst-ever monthly point decline.

Markets like this test investors' resolve. It is difficult to stick with a long-term investment plan when one sees the dramatic effects of high market volatility on a portfolio's value. Very few people are having a positive investment experience right now. But investors who have based their approach on a sensible risk/return framework tend to be in better shape than those who have not.

The recent market turbulence illustrates the reason why Dimensional believes that markets are efficient. History has shown time and again that prices cannot be predicted in public equity markets. This "random walk" makes diversification very important. Although the broad diversification in our portfolios didn't prevent negative performance this year, we believe it helped our shareholders avoid the extreme losses experienced by investors who concentrated their holdings in individual companies, industry sectors, or markets.

The unpredictability of stock prices also makes it important for investors to take a hard look at their own portfolios and determine how much risk and what types of risk they should take. Investors who hold asset mixes that accurately reflect their tolerance for risk are better able to withstand down markets.

Nobody knows when the capital markets will recover, but over time we can expect them to again offer a premium to investors who are willing to invest in relatively risky assets such as stocks. My view is that investors who have already paid for risk should stay invested and earn the return that can be expected when markets turn around. If markets continue to be so volatile, it's also important to understand that pulling money out of stocks, even for short periods of time, can result in significant missed opportunities.

All of us at Dimensional take our job as the steward of your assets very seriously and hope to have the opportunity to serve you for many years to come.

Sincerely,

David G. Booth
Chairman and Chief Executive Officer

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ANNUAL REPORT

Table of Contents

Letter to Shareholders	Page
Definitions of Abbreviations and Footnotes		1

Dimensional Investment Group Inc. — U.S. Large Company Institutional Index Portfolio

Performance Chart		2

Management's Discussion and Analysis		3

Disclosure of Fund Expenses		5

Disclosure of Portfolio Holdings		6

Statement of Assets and Liabilities		7

Statements of Operations		8

Statements of Changes in Net Assets		9

Financial Highlights		10

Notes to Financial Statements		11

Report of Independent Registered Public Accounting Firm		15

The DFA Investment Trust Company — The U.S. Large Company Series

Performance Chart		16

Disclosure of Fund Expenses		17

Disclosure of Portfolio Holdings		18

Summary Schedule of Portfolio Holdings		19

Statement of Assets and Liabilities		22

Statements of Operations		23

Statements of Changes in Net Assets		24

Financial Highlights		25

Notes to Financial Statements		26

Report of Independent Registered Public Accounting Firm		31

Fund Management		32

Voting Proxies on Fund Portfolio Securities		39

Notice to Shareholders		40

This report is submitted for the information of the Fund's shareholders. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.

[THIS PAGE INTENTIONALLY LEFT BLANK]

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Statement of Assets and Liabilities/Summary Schedule of Portfolio Holdings

Investment Abbreviations

FNMA Federal National Mortgage Association

STRIP Separate Trading of Registered Interest and Principal Securities

Investment Footnotes

† See Note B to Financial Statements.

** Calculated as a percentage of total net assets. Percentages shown parenthetically next to the category headings have been calculated as a percentage of total investments. "Other Securities" are those securities that are not among the top 50 holdings of the Fund or do not represent more than 1.0% of the net assets of the Fund. Some of the individual securities within this category may include Total or Partial Securities on Loan and/or Non-Income Producing Securities.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

@ Security purchased with cash proceeds from Securities on Loan.

(y) The rate shown is the effective yield.

§ Affiliated Fund.

Financial Highlights

(A) Computed using average shares outstanding.

(B) Annualized

(D) Represents the combined ratios for the respective portfolio and its respective pro-rata share of its Master Fund Series.

All Statements and Schedules

— Amounts designated as — are either zero or rounded to zero.

REITs Real Estate Investment Trusts

SEC Securities and Exchange Commission

DIMENSIONAL INVESTMENT GROUP INC.
PERFORMANCE CHART

DIMENSIONAL INVESTMENT GROUP INC.
MANAGEMENT'S DISCUSSION AND ANALYSIS

On September 16, 2008, at a regular meeting of the Board of Directors/Trustees (the "Board") of the funds covered by this report, the Board voted to change the fiscal and tax year ends of the funds from November 30 to October 31. Therefore, the following discussion generally covers the 11-month period ended October 31, 2008.

U.S. Equity Market Review 11 Months Ended October 31, 2008

U.S. equity markets experienced high levels of volatility during the 11-month fiscal year ended October 31, 2008. The behavior of equity markets has been driven in large part by the contraction of lending in credit markets. In addition to heightened volatility, the cross-sectional dispersion of stock returns in equity markets has increased relative to previous levels, and returns even within each asset class have differed greatly. Dimensional Fund Advisors believes that a security's risk characteristics determine its expected return. Among the most important factors explaining differences in the behavior of diversified equity portfolios are company size and company value/growth characteristics of the portfolio holdings. Size is measured by market capitalization, and "value" classification is a function of stock price relative to one or more fundamental characteristics. Compared to other stocks, value stocks often have lower market value rela tive to their earnings, dividends, and book value.

For the 11 months ended October 31, 2008, small company stocks slightly outperformed large companies, and mid cap companies underperformed both small and large cap companies. The performance of the Russell Microcap Index^® was -33.59%, the Russell 2000 Index^® was –29.07%, CRSP 6-10 Index was –32.90%, and MSCI USA Small Cap 1750 Index was –32.21%. Large cap value stocks, as measured by the Russell 1000 Value Index^®, slightly outperformed large cap growth stocks, as measured by the Russell 1000 Growth Index^®. The value premium was larger among small cap stocks.

Total Return for 11 Months Ended October 31, 2008

Russell 2000 Index^® (small cap companies)	–29.07	%
Russell Midcap Index^® (mid cap companies)	–37.70	%
Russell 1000 Index^® (large cap companies)	–33.99	%
Russell 3000 Value Index^®	–32.90	%
Russell 3000 Growth Index^®	–34.45	%

When the large, mid, and small cap market segments are further divided by value and growth characteristics, the distinction in performance within sectors was equally significant.

Total Return for 11 Months Ended October 31, 2008

Russell 1000 Value Index^® (large cap value companies)	–33.55	%
Russell 1000 Growth Index^® (large cap growth companies)	–34.54	%
Russell Midcap Value Index^® (mid cap value companies)	–35.42	%
Russell Midcap Growth Index^® (mid cap growth companies)	–40.01	%
Russell 2500 Value Index^® (small/mid cap value companies)	–29.10	%
Russell 2500 Growth Index^® (small/mid cap growth companies)	–37.30	%
Russell 2000 Value Index^® (small cap value companies)	–24.91	%
Russell 2000 Growth Index^® (small cap growth companies)	–33.26	%

Differences in returns for the various Dimensional U.S. equity funds over the 11 months ended October 31, 2008 were attributable primarily to differences in value/growth and size characteristics as well as the exclusion of REIT securities from most Dimensional portfolios, except for the DFA Real Estate Securities Portfolio and portfolios investing in the U.S. Large Company Series. Moreover, the portfolio construction approach used by Dimensional Fund Advisors generally resulted in portfolios with greater emphasis on value or small company characteristics relative to widely used index benchmarks.

Master-Feeder Structure

The portfolio described below, called a "Feeder Fund," does not buy individual securities directly; instead, the portfolio invests in a corresponding fund called a "Master Fund." The Master Fund, in turn, purchases stocks, bonds, and/or other securities.

U.S. Large Company Institutional Index Portfolio

The U.S. Large Company Institutional Index Portfolio seeks to produce returns similar to those of the S&P 500^® Index by purchasing shares of a Master Fund that invests in S&P 500^® Index stocks in approximately the same proportions as they are represented in the S&P 500^® Index. The Master Fund essentially was fully invested in equities throughout the year: average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of assets.

For the 11 months ended October 31, 2008, total returns were -33.10% for the Portfolio and 33.31% for the S&P 500^® Index. The securities in the Master Fund closely tracked the investment results of the S&P 500 Index^®. The better relative performance of the Portfolio was primarily due to the flexible trading approach employed by the Master Fund to gain exposure to the performance of the S&P 500 Index^® during periods of index reconstitution.

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE COMPANY INSTITUTIONAL INDEX PORTFOLIO

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The following Expense Table is shown so that you can understand the impact of fees on your investment. All mutual funds have operating expenses. As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports, among others. Operating expenses, legal and audit services, which are deducted from a fund's gross income, directly reduce the investment return of the fund. A fund's expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs, in dollars, of investing in the fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

This section helps you to estimate the actual expenses after fee waivers that you paid over the period. The "Ending Account Value" shown is derived from the fund's actual return and "Expenses Paid During Period" reflect the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period.

To do so, simply divide your account value by $1,000 (for example, a $7,500 account value divided by $1,000 = 7.5), then multiply the result by the number given for your fund under the heading "Expenses Paid During Period."

Hypothetical Example for Comparison Purposes

This section is intended to help you compare your fund's costs with those of other mutual funds. The hypothetical "Ending Account Value" and "Expenses Paid During Period" are derived from the fund's actual expense ratio and an assumed 5% annual return before expenses. In this case, because the return used is not the fund's actual return, the results do not apply to your investment. The example is useful in making comparisons because the SEC requires all mutual funds to calculate expenses based on a 5% annual return. You can assess your fund's cost by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.

Please note that the expenses shown in the table are meant to highlight and help you compare ongoing costs only and do not reflect any transactional costs, if applicable. The "Annualized Expense Ratio" represents the actual expenses for the six-month period indicated.

Six Months Ended October 31, 2008

EXPENSE TABLE

	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	708.90		0.10	%	$	0.43
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.63		0.10	%	$	0.51

* Expenses are equal to the fund's annualized expense ratio for the six-month period, multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period (184), then divided by the number of days in the year (366) to reflect the six-month period. The Portfolio is a Feeder Fund. The expenses shown reflect the direct expenses of the Feeder Fund and the indirect payment of the Feeder Fund's portion of the expenses of its Master Fund.

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE COMPANY INSTITUTIONAL INDEX PORTFOLIO

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

The SEC requires that all Funds file a complete Schedule of Investments with the SEC for their first and third fiscal quarters on Form N-Q. For Dimensional Investment Group Inc., this would be for the fiscal quarters ending January 31 and July 31. The Form N-Q filing must be made within 60 days of the end of the quarter. Dimensional Investment Group Inc. filed its most recent Form N-Q with the SEC on October 30, 2008. It is available upon request, without charge, by calling collect: (310) 395-8005 or by mailing a request to Dimensional Fund Advisors LP, 1299 Ocean Avenue, Santa Monica, California 90401, or by visiting the SEC's website at http://www.sec.gov, or they may be reviewed and copied at the SEC's Public Reference Room in Washington, D.C. (call 1-800-732-0330 for information on the operation of the Public Reference Room).

PORTFOLIO HOLDINGS

The SEC requires that all Funds present their categories of portfolio holdings in a table, chart or graph format in their annual and semi-annual shareholder reports, whether or not a Schedule of Investments is utilized. The following table, which presents portfolio holdings as a percent of total investments before short-term investments and collateral for loaned securities, is provided in compliance with such requirement.

The categories of industry classification for the Affiliated Investment Company are represented in the Disclosure of Portfolio Holdings, which are included elsewhere within the report. Refer to the Summary Schedule of Portfolio Holdings for the underlying Master Fund's holdings which reflect the investments by category.

Affiliated Investment Company

100.0

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE COMPANY INSTITUTIONAL INDEX PORTFOLIO

STATEMENT OF ASSETS AND LIABILITIES

OCTOBER 31, 2008

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investment in The U.S. Large Company Series of The DFA Investment Trust Company (Affiliated Investment Company) at Value†	$	729,288
Receivables:
Affiliated Investment Company		69
Fund Shares Sold		475
Prepaid Expenses and Other Assets		20
Total Assets		729,852
LIABILITIES:
Payables:
Fund Shares Redeemed		544
Due to Advisor		21
Accrued Expenses and Other Liabilities		69
Total Liabilities		634
NET ASSETS	$	729,218
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		95,705,362
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	7.62
Investment in Affiliated Investment Company at Cost	$	781,916
NET ASSETS CONSIST OF:
Paid-In Capital	$	904,455
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		3,125
Accumulated Net Realized Gain (Loss)		(125,734	)
Net Unrealized Appreciation (Depreciation)		(52,628	)
NET ASSETS	$	729,218
(1) NUMBER OF SHARES AUTHORIZED		200,000,000

See accompanying Notes to Financial Statements.
7

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE COMPANY INSTITUTIONAL INDEX PORTFOLIO

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Dividends	$	18,074		$	18,154
Interest		425			793
Income from Securities Lending		379			182
Expenses Allocated from Affiliated Investment Company		(363	)		(406	)
Total Investment Income		18,515			18,723
Expenses
Administrative Services Fees		429			478
Accounting & Transfer Agent Fees		24			25
Filing Fees		47			37
Shareholders' Reports		47			63
Directors'/Trustees' Fees & Expenses		—			5
Professional Fees		25			23
Other		8			2
Total Expenses		580			633
Fees Waived, Expenses Reimbursed, and/or Previously Waived Fees Recovered by Advisor (Note C)		(84	)		(84	)
Net Expenses		496			549
Net Investment Income (Loss)		18,019			18,174
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		(22,091	)		2,354
Futures		(4,079	)		441
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities		(342,835	)		48,691
Futures		682			(119	)
Net Realized and Unrealized Gain (Loss)		(368,323	)		51,367
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(350,304	)	$	69,541

Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.
8

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE COMPANY INSTITUTIONAL INDEX PORTFOLIO

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	18,019		$	18,174		$	14,644
Net Realized Gain (Loss) on:
Investment Securities Sold		(22,091	)		2,354			(2,133	)
Futures		(4,079	)		441			927
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities		(342,835	)		48,691			93,381
Futures		682			(119	)		(395	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(350,304	)		69,541			106,424
Distributions From:
Net Investment Income		(19,755	)		(17,347	)		(13,807	)
Total Distributions		(19,755	)		(17,347	)		(13,807	)
Capital Share Transactions (1):
Shares Issued		224,711			178,336			189,192
Shares Issued in Lieu of Cash Distributions		19,426			16,995			13,527
Shares Redeemed		(147,002	)		(122,788	)		(110,526	)
Net Increase (Decrease) from Capital Share Transactions		97,135			72,543			92,193
Total Increase (Decrease) in Net Assets		(272,924	)		124,737			184,810
Net Assets
Beginning of Period		1,002,142			877,405			692,595
End of Period	$	729,218		$	1,002,142		$	877,405
(1) Shares Issued and Redeemed:
Shares Issued		22,832			15,525			18,690
Shares Issued in Lieu of Cash Distributions		1,861			1,500			1,360
Shares Redeemed		(15,126	)		(10,622	)		(10,867	)
		9,567			6,403			9,183
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	3,125		$	4,861		$	4,034

See accompanying Notes to Financial Statements.
9

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE COMPANY INSTITUTIONAL INDEX PORTFOLIO

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	11.63		$	11.00		$	9.82		$	9.23		$	8.32		$	7.36
Income from Investment Operations
Net Investment Income (Loss)		0.20	(A)		0.22	(A)		0.19	(A)		0.17			0.17			0.13
Net Gains (Losses) (Realized and Unrealized)		(3.99	)		0.62			1.18			0.61			0.88			0.95
Total from Investment Operations		(3.79	)		0.84			1.37			0.78			1.05			1.08
Less Distributions
Net Investment Income		(0.22	)		(0.21	)		(0.19	)		(0.19	)		(0.14	)		(0.12	)
Total Distributions		(0.22	)		(0.21	)		(0.19	)		(0.19	)		(0.14	)		(0.12	)
Net Asset Value, End of Period	$	7.62		$	11.63		$	11.00		$	9.82		$	9.23		$	8.32
Total Return		(33.10	)%(C)		7.71	%		14.11	%		8.50	%		12.66	%		14.94	%
Net Assets, End of Period (thousands)	$	729,218		$	1,002,142		$	877,405		$	692,595		$	534,285		$	398,955
Ratio of Expenses to Average Net Assets (D)		0.10	%(B)		0.10	%		0.10	%		0.10	%		0.10	%		0.11	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.11	%(B)		0.11	%		0.11	%		0.14	%		0.15	%		0.16	%
Ratio of Net Investment Income to Average Net Assets		2.10	%(B)		1.90	%		1.90	%		1.82	%		1.96	%		1.69	%

See Page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
10

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE COMPANY INSTITUTIONAL INDEX PORTFOLIO

NOTES TO FINANCIAL STATEMENTS

A. Organization:

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of fifteen portfolios, of which the U.S. Large Company Institutional lndex Portfolio (the "Portfolio") is presented in this report.

The Portfolio primarily invests its assets in The U.S. Large Company Series (the "Series"), a corresponding series of The DFA Investment Trust Company. At October 31, 2008, the Portfolio owned 22% of the Series. The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolio.

At a regular meeting of the Board of Directors/Trustees (the "Board") on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Portfolio from November 30 to October 31.

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America. Such policies are consistently followed by the Fund in preparation of its financial statements. The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates and those differences could be material.

1. Security Valuation: The Portfolio's investment reflects its proportionate interest in the net assets of the Series.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

In September 2006, the Financial Accounting Standards Board issued FAS 157 effective for fiscal years beginning after November 15, 2007. This standard clarifies the definition of fair value for financial reporting, establishes a framework for measuring fair value and requires additional disclosures about the use of fair value measurements. The Funds have adopted FAS 157 as of December 1, 2007. The three levels of the fair value hierarchy under FAS 157 are described below:

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Portfolio's net assets as of October 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
U.S. Large Company Institutional Index Portfolio	$	729,288		—		—	$	729,288

2. Deferred Compensation Plan: Each eligible Director of the Fund may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized a ppreciation (depreciation) and income, are included in Other Expenses for the period ended October 31, 2008 and are included in Directors'/Trustees' Fees & Expenses for the year ended November 30, 2007. At October 31, 2008, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities in the amount of $14 (in thousands).

Each Director has the option to receive their distribution of proceeds in one of the following methods upon one year's notice: lump sum; annual installments over a period of agreed upon years; or semi-annual installments over a period of agreed upon years. As of October 31, 2008, none of the Directors have requested distribution of proceeds.

3. Other: The Portfolio recognizes its pro-rata share, on a daily basis, of net investment income and realized and unrealized gains and losses of investment securities and futures from the Series, which is treated as a partnership for federal income tax purposes. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. The Portfolio estimates the character of distributions received that may be considered return of capital distributions. Expenses directly attributable to the Portfolio are directly charged. Common expenses of the Fund are allocated using methods approved by the Bo ard of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

Dimensional Fund Advisors LP ("Dimensional" or the "Advisor") provides administrative services to the Portfolio, including supervision of services provided by others, providing information to the shareholders and to the Board of Directors/Trustees, and other administrative services. The Advisor provides investment advisory services to the Series. For the period December 1, 2007 to October 31, 2008, the Portfolio's administrative services fees were accrued daily and paid monthly to the Advisor at an effective annual rate of 0.05% of average daily net assets.

Pursuant to the Fee Waiver and Expense Assumption Agreement for the Portfolio, the Advisor has contractually agreed to waive its administration fee to the extent necessary to reduce the Portfolio's expenses to the extent that its total direct and indirect expenses (including the expenses the Portfolio bears as a shareholder of the Series) exceed 0.10% of its average daily net assets on an annualized basis. At any time that the total direct and indirect expenses of the Portfolio are less than 0.10% of its average daily net assets on an annualized basis, the Advisor retains the right to recover any fees previously waived to the extent that such recovery will not cause the Portfolio's total direct and indirect expenses to exceed 0.10% of its average daily net assets on an annualized basis. The Portfolio is not obligated to reimburse the Advisor for fees waived by the Advisor more than thirty-six months before the date of such recovery. The Fee Waiver and Expense Assumption Agreement will remain in effect for a period of one year from April 1, 2008 to April 1, 2009, and shall continue in effect from year to year thereafter unless terminated by the Fund or the Advisor. At October 31, 2008, approximately $292 (in thousands) of previously waived fees are subject to future recovery by the Advisor over various periods not exceeding October 31, 2011.

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Fund; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Fund. For the period December 1, 2007 to October 31, 2008, the total related amounts paid by the Fund to the CCO were $25 (in thousands). The total related amounts paid by the Portfolio are included in Other Expenses on the Statement of Operations.

D. Federal Income Taxes:

The Portfolio has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to its shareholders. Accordingly, no provision has been made for federal income taxes.

The tax character of dividends and distributions declared and paid during the years ended November 30, 2006, November 30, 2007 and the period December 1, 2007 to October 31, 2008 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
2006	$	13,807		—	$	13,807
2007		17,347		—		17,347
2008		19,755		—		19,755

As of October 31, 2008, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

Undistributed Net Investment Income and Short-Term Capital Gains				Capital Loss Carryforwards				Total Net Distributable Earnings/ (Accumulated Losses)
$	3,139			$	(98,922	)		$	(95,783	)

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2008, the Portfolio had capital loss carryforward available to offset future realized capital gains through the indicated expiration dates (amounts in thousands):

Expires on October 31,
2009		2010		2011		2013		2014		2016		Total
$	50,824	$	14,821	$	13,996	$	1,702	$	1,944	$	15,635	$	98,922

At October 31, 2008, the total cost and aggregate gross unrealized appreciation and (depreciation) of securities for federal income tax purposes were different from amounts reported for financial reporting purposes (amounts in thousands):

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	807,201			$	65,751			$	(143,664	)		$	(77,913	)

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes." This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Portfolio's tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2005 through the period ended October 31, 2008), for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Portfolio's financial statements.

E. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 30, 2003 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 23, 2009. There were no borrowings by the Portfolio under this line of credit during the period ended October 31, 2008.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement of the line of credit expires on January 15, 2009. There were no borrowings by the Portfolio under this line of credit during the period ended October 31, 2008.

F. Indemnitees; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund.

In the normal course of business, the Fund enters into contracts that contain a variety of representations and warranties which provide general indemnification. The Fund's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Fund and/or its affiliates that have not yet occurred. However, based on experience, the Fund expects the risk of loss to be remote.

G. Recently Issued Accounting Standards and Interpretation:

In March 2008, Statement of Financial Accounting Standards No. 161, Disclosures about Derivative Instruments and Hedging Activities ("FAS 161"), was issued and is effective for fiscal years beginning after November 15, 2008. FAS 161 defines new disclosures of derivative instruments and hedging activities. Management is currently evaluating the implications of FAS 161. At this time, its impact on the Portfolio's financial statements has not been determined.

H. Other:

At October 31, 2008, two shareholders held approximately 93% of the outstanding shares of the Portfolio. One or more of the shareholders may be omnibus accounts, which typically hold shares for the benefit of several other underlying investors.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders of U.S. Large Company Institutional Index Portfolio and
Board of Directors of Dimensional Investment Group Inc.:

In our opinion, the accompanying statement of assets and liabilities, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of U.S. Large Company Institutional Index Portfolio (one of the portfolios constituting Dimensional Investment Group Inc., hereafter referred to as the "Portfolio") at October 31, 2008, the results of its operations, the changes in its net assets and the financial highlights for each of the periods indicated, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Portfolio's management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordanc e with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at October 31, 2008 by correspondence with the transfer agent of the investee fund, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania
December 22, 2008

THE DFA INVESTMENT TRUST COMPANY
PERFORMANCE CHART

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE COMPANY SERIES

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended October 31, 2008

EXPENSE TABLE

	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	709.20		0.04	%	$	0.17
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.94		0.04	%	$	0.20

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE COMPANY SERIES

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

The SEC requires that all Funds file a complete Schedule of Investments with the SEC for their first and third fiscal quarters on Form N-Q. For The DFA Investment Trust Company, this would be for the fiscal quarters ending January 31 and July 31. The Form N-Q filing must be made within 60 days of the end of the quarter. The DFA Investment Trust Company filed its most recent Form N-Q with the SEC on October 30, 2008. It is available upon request, without charge, by calling collect: (310) 395-8005 or by mailing a request to Dimensional Fund Advisors LP, 1299 Ocean Avenue, Santa Monica, California 90401, or by visiting the SEC's website at http://www.sec.gov, or they may be reviewed and copied at the SEC's Public Reference Room in Washington, D.C. (call 1-800-732-0330 for information on the operation of the Public Reference Room).

SEC regulations permit a fund to include in its reports to shareholders a "Summary Schedule of Portfolio Holdings" in lieu of a full Schedule of Investments. The Summary Schedule of Portfolio Holdings reports the fund's 50 largest holdings in unaffiliated issuers and any investments that exceed one percent of the fund's net assets at the end of the reporting period. The amendments also require that the Summary Schedule of Portfolio Holdings identify each category of investments that are held.

The fund is required to file a complete Schedule of Investments with the SEC on Form N-CSR within ten days after mailing the annual and semi-annual reports to shareholders. It will be available upon request, without charge, by calling collect: (310) 395-8005 or by mailing a request to Dimensional Fund Advisors LP, 1299 Ocean Avenue, Santa Monica, California 90401, or by visiting the SEC's website at http://www.sec.gov, or they may be reviewed and copied at the SEC's Public Reference Room in Washington, D.C. (call 1-800-732-0330 for information on the operation of the Public Reference Room).

PORTFOLIO HOLDINGS

Consumer Discretionary				Consumer Staples				Energy				Financials				Health Care				Industrials				Information Technology				Materials				REITs				Telecommunication Services				Utilities				Total
	8.2	%			12.9	%			13.2	%			13.9	%			13.8	%			11.0	%			15.8	%			3.1	%			1.0	%			3.3	%			3.8	%			100.0	%

THE U.S. LARGE COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (80.9%)
Consumer Discretionary — (6.8%)
Comcast Corp. Class A		1,109,388	$	17,483,955		0.5	%
Disney (Walt) Co.		713,351		18,475,791		0.6	%
# Home Depot, Inc.		645,698		15,232,016		0.5	%
# McDonald's Corp.		427,563		24,768,725		0.8	%
Other Securities				194,135,666		5.9	%
Total Consumer Discretionary				270,096,153		8.3	%
Consumer Staples — (10.4%)
Altria Group, Inc.		783,038		15,026,499		0.5	%
# Anheuser-Busch Companies, Inc.		273,354		16,956,149		0.5	%
# Coca-Cola Co.		755,726		33,297,288		1.0	%
# CVS Caremark Corp.		545,607		16,722,855		0.5	%
Kraft Foods, Inc.		577,134		16,817,685		0.5	%
PepsiCo, Inc.		595,156		33,929,844		1.0	%
Philip Morris International, Inc.		783,600		34,063,092		1.0	%
Procter & Gamble Co.		1,153,540		74,449,472		2.3	%
# Wal-Mart Stores, Inc.		852,470		47,576,351		1.5	%
Other Securities				125,064,458		3.8	%
Total Consumer Staples				413,903,693		12.6	%
Energy — (10.6%)
# Chevron Corp.		781,038		58,265,435		1.8	%
ConocoPhillips		577,777		30,055,960		0.9	%
Exxon Mobil Corp.		1,974,580		146,355,870		4.5	%
Occidental Petroleum Corp.		310,624		17,252,057		0.5	%
# Schlumberger, Ltd.		456,045		23,554,724		0.7	%
Other Securities				148,426,806		4.5	%
Total Energy				423,910,852		12.9	%
Financials — (11.3%)
Bank of America Corp.		1,906,573		46,081,869		1.4	%
# Citigroup, Inc.		2,070,150		28,257,547		0.9	%
JPMorgan Chase & Co.		1,400,511		57,771,079		1.8	%
The Goldman Sachs Group, Inc.		165,164		15,277,670		0.5	%
# U.S. Bancorp		662,268		19,742,209		0.6	%
# Wells Fargo & Co.		1,257,952		42,833,266		1.3	%
Other Securities				241,149,085		7.3	%
Total Financials				451,112,725		13.8	%
Health Care — (11.2%)
Abbott Laboratories		586,042		32,320,216		1.0	%
* Amgen, Inc.		402,228		24,089,435		0.7	%
# Bristol-Myers Squibb Co.		752,581		15,465,540		0.5	%
#* Gilead Sciences, Inc.		349,719		16,034,616		0.5	%
# Johnson & Johnson		1,062,370		65,165,776		2.0	%
# Medtronic, Inc.		428,938		17,299,070		0.5	%
# Merck & Co., Inc.		814,494		25,208,589		0.8	%
Pfizer, Inc.		2,562,692		45,385,275		1.4	%
# Wyeth		506,924		16,312,814		0.5	%
Other Securities				189,450,712		5.7	%
Total Health Care				446,732,043		13.6	%

THE U.S. LARGE COMPANY SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Industrials — (8.9%)
# 3M Co.		265,731	$	17,086,503		0.5	%
# Boeing Co.		281,415		14,709,562		0.4	%
# General Electric Co.		3,990,157		77,847,963		2.4	%
# United Parcel Service, Inc.		383,268		20,228,885		0.6	%
United Technologies Corp.		366,615		20,149,160		0.6	%
Other Securities				203,312,668		6.3	%
Total Industrials				353,334,741		10.8	%
Information Technology — (12.5%)
#* Apple, Inc.		336,779		36,234,053		1.1	%
#* Cisco Sytems, Inc.		2,245,688		39,905,876		1.2	%
#* Google, Inc.		90,851		32,182,844		1.0	%
# Hewlett-Packard Co.		931,064		35,641,130		1.1	%
# Intel Corp.		2,137,289		34,196,624		1.0	%
# International Business Machines Corp.		515,063		47,885,407		1.5	%
# Microsoft Corp.		2,985,078		66,656,792		2.0	%
* Oracle Corp.		1,489,655		27,245,790		0.8	%
QUALCOMM, Inc.		623,836		23,867,965		0.7	%
Other Securities				155,843,856		4.9	%
Total Information Technology				499,660,337		15.3	%
Materials — (2.5%)
# Monsanto Co.		209,091		18,604,917		0.6	%
Other Securities				82,742,804		2.5	%
Total Materials				101,347,721		3.1	%
Real Estate Investment Trusts — (0.9%)
Total Real Estate Investment Trusts				34,307,409		1.0	%
Telecommunication Services — (2.7%)
AT&T, Inc.		2,240,314		59,973,206		1.8	%
Verizon Communications, Inc.		1,082,609		32,121,009		1.0	%
Other Securities				14,620,434		0.5	%
Total Telecommunication Services				106,714,649		3.3	%
Utilities — (3.1%)
Total Utilities				121,394,214		3.7	%
TOTAL COMMON STOCKS				3,222,514,537		98.4	%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.9%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%,11/03/08 (Collateralized by $36,525,000 FNMA 5.00%, 06/01/23, valued at $34,569,468) to be repurchased at $34,058,668	$	34,056		34,056,000		1.0	%

THE U.S. LARGE COMPANY SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
SECURITIES LENDING COLLATERAL — (18.2%)
§@ DFA Short Term Investment Fund LP		665,250,501	$	665,250,501		20.3	%
@ PNC Demand Deposit Account 0.22%		10,000,000		10,000,000		0.3	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securitites 0.24%, 11/03/08 (Collateralized by $66,764,882 FNMA, rates ranging from 5.000% to 7.000%, maturities ranging from 05/01/18 to 12/01/37 & U.S. Treasury STRIP, rates ranging from 0.569%(y) to 1.359%(y), maturities ranging from 11/30/08 to 11/30/09, valued at $51,835,339) to be repurchased at $50,489,596	$	50,489		50,488,600		1.6	%
TOTAL SECURITIES LENDING COLLATERAL				725,739,101		22.2	%
TOTAL INVESTMENTS — (100.0%) (Cost $4,182,606,777)			$	3,982,309,638		121.6	%

See accompanying Notes to Financial Statements.

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE COMPANY SERIES

STATEMENT OF ASSETS AND LIABILITIES

OCTOBER 31, 2008

(Amounts in thousands)

ASSETS:
Investments at Value (including $712,279 of securities on loan)	$	3,222,515
Temporary Cash Investments at Value & Cost		34,056
Collateral Received from Securities on Loan at Value & Cost		725,739
Cash		4,084
Receivables:
Investment Securities Sold		2,153
Dividends and Interest		4,961
Fund Shares Sold		5,691
Securities Lending Income		367
Fund Margin Variation		200
Prepaid Expenses and Other Assets		20
Total Assets		3,999,786
LIABILITIES:
Payables:
Upon Return of Securities Loaned		725,739
Fund Shares Redeemed		70
Due to Advisor		69
Accrued Expenses and Other Liabilities		256
Total Liabilities		726,134
NET ASSETS	$	3,273,652
Investments at Cost	$	3,422,812

See accompanying Notes to Financial Statements.
22

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE COMPANY SERIES

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Dividends	$	82,686		$	91,440
Interest		1,937			3,944
Income from Securities Lending		1,741			927
Total Investment Income		86,364			96,311
Expenses
Investment Advisory Services Fees		981			1,201
Accounting & Transfer Agent Fees		403			491
S&P 500^® Fees		87			86
Custodian Fees		58			62
Shareholders' Reports		38			52
Directors'/Trustees' Fees & Expenses		—			7
Professional Fees		74			119
Other		18			31
Total Expenses		1,659			2,049
Net Investment Income (Loss)		84,705			94,262
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		(126,174	)		10,206
Futures		(22,232	)		3,585
In-Kind Redemptions		24,362	*		529,199	*
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities		(1,591,847	)		(217,829	)
Futures		1,195			(216	)
Net Realized and Unrealized Gain (Loss)		(1,714,696	)		324,945
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(1,629,991	)	$	419,207

* See Note J in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
23

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE COMPANY SERIES

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	84,705		$	94,262		$	87,710
Net Realized Gain (Loss) on:
Investment Securities Sold		(126,174	)		10,206			(8,634	)
Futures		(22,232	)		3,585			6,769
In-Kind Redemptions		24,362	*		529,199	*		—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities		(1,591,847	)		(217,829	)		523,721
Futures		1,195			(216	)		(1,050	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(1,629,991	)		419,207			608,516
Transactions in Interest:
Contributions		696,520			616,294			753,004
Withdrawals		(299,226	)*		(1,482,132	)*		(647,252	)
Net Increase from Transactions in Interest		397,294			(865,838	)		105,752
Total Increase (Decrease) in Net Assets		(1,232,697	)		(446,631	)		714,268
Net Assets
Beginning of Period		4,506,349			4,952,980			4,238,712
End of Period	$	3,273,652		$	4,506,349		$	4,952,980

* See Note J in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
24

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE COMPANY SERIES

FINANCIAL HIGHLIGHTS

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Total Return		(33.10	)%(C)		7.77	%		14.25	%		8.51	%		12.77	%		15.05	%
Net Assets, End of Period (thousands)	$	3,273,652		$	4,506,349		$	4,952,980		$	4,238,712		$	3,493,919		$	3,000,997
Ratio of Expenses to Average Net Assets		0.04	%(B)		0.04	%		0.04	%		0.05	%		0.05	%		0.05	%
Ratio of Net Investment Income to Average Net Assets		2.16	%(B)		1.96	%		1.95	%		1.87	%		1.99	%		1.75	%
Portfolio Turnover Rate		6	%(C)		13	%*		4	%		6	%		2	%		8	%

See Page 1 for the Definitions of Abbreviations and Footnotes.

* Excluding security sales due to the In-Kind Redemptions, the portfolio turnover rate would have been 5%. See Note J in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
25

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE COMPANY SERIES

NOTES TO FINANCIAL STATEMENTS

A. Organization:

The DFA Investment Trust Company (the "Trust") is an open-end management investment company registered under the Investment Company Act of 1940. The Trust consists of eighteen investment portfolios, of which The U.S. Large Company Series (the "Series") is presented in this report.

At a regular meeting of the Board of Directors/Trustees (the "Board") on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Series from November 30 to October 31.

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America. Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates and those differences could be material.

1. Security Valuation: Securities held by the Series (including over-the-counter securities) are valued at the last quoted sale price of the day. Securities held by the Series that are listed on Nasdaq are valued at the Nasdaq Official Closing Price ("NOCP"). If there is no last reported sale price or NOCP for the day, the Series values the securities at the mean of the most recent quoted bid and asked prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end investment companies are valued using their respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the New York Stock Exchange (NYSE).

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with procedures adopted by the Board of Directors/Trustees. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of the Investment Committee of the Advisor) occur before the net asset value is calculated. When fair value pricing is used, the prices of securities used by the Series may differ from the quoted or published prices for the same securities on their primary markets or exchanges.

Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Series' own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Series' net assets as of October 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)								Other Financial Instruments (Unrealized Appreciation/ Depreciation)*
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
The U.S. Large Company Series	$	3,222,515	$	759,795		—	$	3,982,310	$	2,377		—		—	$	2,377

* Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures, forwards and swaps which are valued at the unrealized appreciation/depreciation on the investment.

2. Deferred Compensation Plan: Each eligible Trustee of the Trust may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Trustees may defer payment of all or a portion of their total fees earned as a Trustee. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized app reciation (depreciation) are included in Other Expenses on October 31, 2008 and are included in Directors'/Trustees' Fees & Expenses on November 30, 2007. At October 31, 2008, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities in the amount of $62 (in thousands).

Each Trustee has the option to receive their distribution of proceeds in one of the following methods upon one year's notice: lump sum; annual installments over a period of agreed upon years; or semi-annual installments over a period of agreed upon years. As of October 31, 2008, none of the Trustees have requested distribution of proceeds.

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. The Series estimate the character of distributions received that may be considered return of capital distributions or capital gain distributions. Interest income is recorded on the accrual basis. Discount and premium on securities purchased are amortized over the lives of the respective securities utilizing the effective intere st method. Expenses directly attributable to a Series are directly charged. Common expenses of the Trust are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

Dimensional Fund Advisors LP ("Dimensional" or the "Advisor") provides investment advisory services to the Series. For the period December 1, 2007 to October 31, 2008, the Series' investment advisory services fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.025% of average daily net assets.

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Trust; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Trust. For the period December 1, 2007 to October 31, 2008, the total related amounts paid by the Trust to the CCO were $106 (in thousands). The total related amounts paid by the Series are included in Other Expenses on the Statement of Operations.

D. Purchases and Sales of Securities:

For the period December 1, 2007 to October 31, 2008, the Series made the following purchases and sales of investment securities, other than short-term securities and U.S. government securities (amounts in thousands):

Purchases				$	712,184
Sales					245,176

There were no purchases or sales of long-term U.S. government securities.

E. Federal Income Taxes:

No provision for federal income taxes is required since the Series is treated as a partnership for federal income tax purposes. Any net investment income and realized and unrealized gains or losses have been deemed to have been "passed down" to its partners.

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	4,340,356			$	574,021			$	(932,067	)		$	(358,046	)

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes." This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Series' tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2005 through the period ended October 31, 2008), for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Series' financial statements.

F. Financial Instruments:

In accordance with the Series' investment objectives and policies, the Series may invest in certain financial instruments that have off-balance sheet risk in excess of the amounts recognized in the financial statements and concentrations of credit and market risk. These instruments and their significant corresponding risks are described below:

1. Repurchase Agreements: The Series may purchase money market instruments subject to the counterparty's agreement to repurchase them at an agreed upon date and price. The counterparty will be required on a daily basis to maintain the value of the collateral subject to the agreement at not less than the repurchase price (including accrued interest). The agreements are conditioned upon the collateral being deposited under the Federal Reserve book-entry system with the Trust's custodian or a third party sub-custodian. In the event of default or bankruptcy by the other party to the agreement, retention of the collateral may be subject to legal proceedings. All open repurchase agreements were entered into on October 31, 2008.

2. Futures Contracts: During the period December 1, 2007 to October 31, 2008, the Series entered into futures contracts in accordance with its investment objectives. Upon entering into a futures contract, the Series deposits cash with a broker, equal to the minimum "initial margin" requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as "variation margin" and are recorded daily by the Series as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Series records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

At October 31, 2008, the Series had outstanding 155 long futures contracts of the S&P 500 Index^®, all of which expire on December 19, 2008. The value of such contracts on October 31, 2008 was $37,483 (in thousands), which resulted in an unrealized gain of $2,377 (in thousands). Approximately $3,836 (in thousands) of cash has been segregated as collateral for the open futures contracts and has been accounted for as cash on the Statement of Assets and Liabilities.

Risks may arise upon entering into futures contracts from potential imperfect price correlations between the futures contracts and the underlying securities, from the possibility of an illiquid secondary market for these instruments and from the possibility that the Series could lose more than the initial margin requirements.

G. Line of Credit:

The Trust, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 30, 2003 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 23, 2009. There were no borrowings by the Series under this line of credit during the period ended Octo ber 31, 2008.

The Trust, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement of the line of credit expires on January 15, 2009. There were no borrowings by the Series under this line of credit during the period ended October 31, 2008.

H. Securities Lending:

As of October 31, 2008, the Series had securities on loan to brokers/dealers, for which the Series held cash collateral. The Series invests the cash collateral, as described below, and records a liability for the return of the collateral, during the period the securities are on loan. Loans of securities are expected at all times to be secured by collateral equal to at least (i) 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) 105% of the current market value of the loaned securities with respect to foreign securities. However, daily market fluctuations could cause the Series' collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. In the even t of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. If the borrower fails to return loaned securities, and cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities and provided such collateral insufficiency is not the result of investment losses, the lending agent has agreed to pay the amount of the shortfall to the Series or, at the option of the lending agent, to replace the securities.

Subject to the Series' investment policy, the cash collateral received by the Series from securities on loan is invested in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies or shares of the DFA Short Term Investment Fund LP. Agencies include both agency debentures and agency mortgage backed securities. In addition, each Series will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible to be taxed at qualified dividend income rates.

I. Indemnitees; Contractual Obligations:

Under the Trust's organizational documents, its officers and directors are indemnified against certain liabilities arising out of the performance of their duties to the Trust.

In the normal course of business, the Trust enters into contracts that contain a variety of representations and warranties which provide general indemnification. The Trust's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Trust and/or its affiliates that have not yet occurred. However, based on experience, the Trust expects the risk of loss to be remote.

J. In-Kind Redemptions:

In accordance with guidelines described in the Series' prospectus, the Series may distribute portfolio securities rather than cash as payment for a redemption of fund shares (In-Kind redemption). For financial reporting purposes, the Series recognizes a gain on In-Kind redemptions to the extent the value of the distributed securities on the date of redemption exceeds the cost of those securities. Gains and losses realized on In-Kind redemptions are not recognized for tax purposes and are reclassified from undistributed realized gain (loss) to paid-in capital. During the period December 1, 2007 to October 31, 2008, the Series realized $24,362 (in thousands) of net gain.

During the year ended November 30, 2007, The U.S. Large Company Series distributed securities in lieu of cash for shareholder redemptions. The value of the redemption was $1,099,445 (in thousands) which resulted in a realized gain of $529,199 (in thousands) to the Series.

K. Recently Issued Accounting Standards and Interpretation:

In March 2008, Statement of Financial Accounting Standards No. 161, Disclosures about Derivative Instruments and Hedging Activities ("FAS 161"), was issued and is effective for fiscal years beginning after November 15, 2008. FAS 161 defines new disclosures of derivative instruments and hedging activities. Management is currently evaluating the implications of FAS 161. At this time, its impact on the Series' financial statements has not been determined.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders of The U.S. Large Company Series and
Board of Trustees of The DFA Investment Trust Company:

In our opinion, the accompanying statements of assets and liabilities, including the summary schedules of portfolio holdings, and the related statements of operations and of changes in net assets and the financial highlights presents fairly, in all material respects, the financial position of The U.S. Large Company Series (one of the series constituting The DFA Investment Trust Company, hereafter referred to as the "Series") at October 31, 2008, the results of its operations, the changes in its net assets and the financial highlights for each of the periods indicated, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Series' management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financi al statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at October 31, 2008 by correspondence with the custodian and brokers, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania
December 22, 2008

FUND MANAGEMENT

Trustees/Directors

Each Board of Trustees/Directors of The DFA Investment Trust Company Inc. ("DFAITC"), DFA Investment Dimensions Group Inc. ("DFAIDG"), Dimensional Investment Group Inc. ("DIG") and Dimensional Emerging Markets Value Fund Inc. ("DEM") (each, the "Fund" and collectively, the "Funds") is responsible for establishing the Funds' policies and for overseeing the management of the Funds. The Trustees/Directors of the Funds, including all of the disinterested Directors, have adopted written procedures to monitor potential conflicts of interest that might develop between portfolios of the Funds (the "Feeder Portfolios") that invest in certain series of DFAITC or DEM (the "Master Funds").

Each Board has two standing committees, an Audit Committee and a Portfolio Performance and Service Review Committee (the "Performance Committee"). The Audit Committee is comprised of George M. Constantinides, Roger G. Ibbotson and Abbie J. Smith. Each member of the Audit Committee is a disinterested Director. The Audit Committee oversees the Fund's accounting and financial reporting policies and practices, the Fund's internal controls, the Fund's financial statements and the independent audits thereof and performs other oversight functions as requested by the Board. The Audit Committee recommends the appointment of each Fund's independent registered certified public accounting firm and also acts as a liaison between the Fund's independent registered certified public accounting firm and the full Board. There were three Audit Committee meetings held during the fiscal year ended October 31, 2008.

Each Board's Performance Committee is comprised of Messrs. Constantinides and Ibbotson, Ms. Smith, John P. Gould, Myron S. Scholes and Robert C. Merton. Each member of the Fund's Performance Committee is a disinterested Director. The Performance Committee regularly reviews and monitors the investment performance of the Fund's series and reviews the performance of the Fund's service providers. There were five Performance Committee meetings held during the fiscal year ended October 31, 2008.

Certain biographical information for each disinterested Trustee/Director and each interested Trustee/Director of the Funds is set forth in the tables below, including a description of each Trustee/Director's experience as a Trustee/Director of the Funds and as a director or trustee of other funds, as well as other recent professional experience.

The statements of additional information (together, "SAI") of the Funds include additional information about each Trustee/Director. You may obtain copies of the SAI and prospectus of each Fund advised by Dimensional Fund Advisors LP by calling collect (310) 395-8005 or by mailing a request to Dimensional Fund Advisors LP, 1299 Ocean Avenue, Santa Monica, California 90401. Prospectuses are also available at www.dimensional.com.

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

Disinterested Trustees/Directors

George M. Constantinides
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue Chicago, IL 60637
Age: 61

DFAITC - since 1993
DFAIDG - since 1983
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Leo Melamed Professor of Finance, The University of Chicago Booth School of Business.

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

John P. Gould
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue
Chicago, IL 60637
Age: 69

DFAITC - since 1993
DFAIDG - since 1986
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Steven G. Rothmeier Distinguished Service Professor of Economics, The University of Chicago Booth School of Business (since 1965). Member of the Boards of Milwaukee Mutual Insurance Company (since 1997) and UNext.com (1999-2006). Member Competitive Markets Advisory Committee, Chicago Mercantile Exchange (futures trading exchange) (since 2004). Formerly, Senior Vice-President, Lexecon Inc. (economics, law, strategy and finance consulting) (1994-2004). Formerly, President, Cardean University (division of UNext.com) (1999-2001). Trustee, Harbor Fund (registered investment company) (14 Portfolios) (since 1994).

Roger G. Ibbotson
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Yale School of Management
P.O. Box 208200
New Haven, CT 06520-8200
Age: 65

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Professor in Practice of Finance, Yale School of Management (since 1984). Director, BIRR Portfolio Analysis, Inc. (software products) (since 1990). Chairman, CIO and Partner, Zebra Capital Management, LLC (hedge fund manager) (since 2001).
Consultant to Morningstar, Inc. (since 2006). Formerly, Chairman, Ibbotson Associates, Inc., Chicago, IL (software data publishing and consulting) (1977-2006).

Robert C. Merton
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Harvard Business School
353 Baker Library
Soldiers Field
Boston, MA 02163
Age: 64

DFAITC - since 2003
DFAIDG - since 2003
DIG - since 2003
DEM - since 2003

96 portfolios in 4 investment companies

John and Natty McArthur University Professor, Graduate School of Business Administration, Harvard University (since 1998). George Fisher Baker Professor of Business Administration, Graduate School of Business Administration, Harvard University (1988-1998), Co-founder, Chief Science Officer and Director, Trinsum Group, a successor to Integrated Finance Limited (since 2002). Director, MF Risk, Inc. (risk management software) (since 2001). Director, Peninsula Banking Group (bank) (since 2003). Director, Community First Financial Group (bank holding company) (since 2003). Advisory Board Member, Alpha Simplex Group (hedge fund) (since 2001). Member Competitive Markets Advisory Council, Chicago Mercantile Exchange (futures trading exchange) (since 2004). Formerly, Advisory Board Member, NuServe (insurance software) (2001-2003). Director, Vical Incorporated (biopharmaceutical product development) (since 2002).

Myron S. Scholes
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Platinum Grove Asset Management, L.P.
Reckson Executive Park
1100 King Street
Building 4
Rye Brook, NY 10573
Age: 67

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Frank E. Buck Professor Emeritus of Finance, Stanford University (since 1981). Chairman, Platinum Grove Asset Management, L.P. (hedge fund) (formerly, Oak Hill Platinum Partners) (since 1999). Formerly, Managing Partner, Oak Hill Capital Management (private equity firm) (until 2004). Chairman, Oak Hill Platinum Partners (hedge fund) (since 2004). Director, Chicago Mercantile Exchange (since 2001). Director, American Century Fund Complex (registered investment companies) (37 Portfolios) (since 1981); and Director, Chicago Mercantile Exchange Holdings Inc. (since 2000).

Abbie J. Smith
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue
Chicago, IL 60637
Age: 55

DFAITC - since 2000
DFAIDG - since 2000
DIG - since 2000
DEM - since 2000

96 portfolios in 4 investment companies

Boris and Irene Stern Professor of Accounting, The University of Chicago Booth School of Business (since 1980), Formerly, Marvin Bower Fellow, Harvard Business School (9/01 to 8/02). Director, HNI Corporation (formerly known as HON Industries Inc.) (office furniture) (since 2000) and Director, Ryder System Inc. (transportation, logistics and supply-chain management) (since 2003).

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

Interested Trustees/Directors*

David G. Booth
Chairman, Director, Chief Executive Officer and President of DFAIDG, DIG and DEM. Chairman, Trustee, Chief Executive Officer, Chief Investment Officer and President of DFAITC.
1299 Ocean Avenue
Santa Monica, CA 90401
Age: 61

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1992
DEM - since 1993

96 portfolios in 4 investment companies

Chairman, Director/Trustee, President, Chief Executive Officer and formerly Chief Investment Officer of the following companies: Dimensional Holdings Inc., Dimensional Fund Advisors LP, DFA Securities Inc., Dimensional Fund Advisors Canada Inc., DFAIDG, DIG, DEM and DFAITC. Director of Dimensional Fund Advisors Ltd, and formerly Chief Investment Officer. Director, President and formerly Chief Investment Officer of DFA Australia Ltd. Director of Dimensional Funds PLC and Dimensional Fund II PLC. Director, Chief Executive Officer and formerly Chief Investment Officer of Dimensional Fund Advisors Canada Inc. (All Chief Investment Officer positions held starting 1/03 through 3/07 except for Dimensional Fund Advisors Canada Inc., which was from 6/03 through 3/07, and Dimensional Holdings Inc., which was from 10/06 through 3/07.)
Limited Partner, Oak Hill Partners, Director, T he University of Chicago Booth School of Business. Formerly, Director, SA Funds (registered investment company). Formerly Director, Assante Corporation (investment management) (until 2002).

Rex A. Sinquefield
The Show Me Institute
7777 Bonhomme Ave.,
Suite 2150 St. Louis, MO 63105
Age: 64

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1992
DEM - since 1993

96 portfolios in 4 investment companies

Director/Trustee (and prior to 2006 Chairman, and prior to 2003, Chief Investment Officer) of Dimensional Fund Advisors LP, DFA Securities Inc., DFAIDG, DIG, DEM and DFAITC. Director of Dimensional Holdings Inc. Prior to 2006, Director of Dimensional Fund Advisors Ltd, Director (and prior to 1/1/2003, Chief Investment Officer) of DFA Australia Ltd. Director of Dimensional Funds PLC and Dimensional Fund Advisors Canada Inc.
Trustee, St. Louis University (since 2003). Life Trustee and Member of Investment Committee, DePaul University. Director, The German St. Vincent Orphan Home. Member of Investment Committee, Archdiocese of St. Louis. Trustee and Member of Investment Committee, St. Louis Art Institute (since 2005). President and Director, The Show Me Institute (since 2006). Trustee, St. Louis Symphony Orchestra (since 2005). Trustee, Missouri Botanical Garden (since 2005 ).

¹ Each Trustee/Director holds office for an indefinite term until his or her successor is elected and qualified.

² Each Trustee/Director is a director or trustee of each of the four registered investment companies within the DFA Fund Complex, which includes the Funds.

* Interested Directors are described as such because they are deemed to be "interested persons," as that term is defined under the Investment Company Act of 1940, as amended, due to their positions with Dimensional Fund Advisors LP.

Officers

The name, age, information regarding positions with the Funds and the principal occupation for each officer of the Funds are set forth below. Each officer listed below holds the same office (except as otherwise noted) in the following entities: Dimensional Fund Advisors LP (prior to November 3, 2006, Dimensional Fund Advisors Inc.) ("Dimensional"), DFA Securities Inc., DFAIDG, DIG, DFAITC and DEM (collectively, the "DFA Entities"). The address of each officer is: Dimensional Fund Advisors LP, 1299 Ocean Avenue, Santa Monica, California 90401, unless otherwise indicated.

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
		Officers

April A. Aandal Vice President Age: 35	Since 2008	Vice President of all the DFA Entities.

Darryl D. Avery Vice President Age: 42	Since 2005	Vice President of all the DFA Entities. From June 2002 to January 2005, institutional client service representative of Dimensional.

Arthur H. Barlow Vice President Age: 52	Since 1993	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Scott A. Bosworth Vice President Age: 39	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since November 1997).

Valerie A. Brown Vice President and Assistant Secretary Age: 41	Since 2001	Vice President and Assistant Secretary of all the DFA Entities, DFA Australia Limited, Dimensional Fund Advisors Ltd., and since June 2003, Dimensional Fund Advisors Canada Inc.

David P. Butler Vice President Age: 44	Since 2007	Vice President of all the DFA Entities. Director of US Financial Services of Dimensional (since January 2005). Formerly, Regional Director of Dimensional Fund Advisors LP (January 1995 to January 2005).

Patrick Carter Vice President Age: 46	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since March 2006). Formerly, Director of Merrill Lynch Retirement Group (December 1998 to March 2006).

Stephen A. Clark Vice President Age: 36	Since 2004	Vice President of all the DFA Entities, April 2001 to April 2004, Portfolio Manager of Dimensional.

Robert P. Cornell Vice President Age: 59	Since 2007	Vice President of all the DFA Entities. Regional Director of Financial Services Group of Dimensional (since August 1993).

Christopher S. Crossan Vice President and Chief Compliance Officer Age: 42	Since 2004	Vice President and Chief Compliance Officer of all the DFA Entities. Formerly, Senior Compliance Officer, INVESCO Institutional, Inc. and its affiliates (August 2000 to January 2004).

James L. Davis Vice President Age: 51	Since 1999	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Robert T. Deere Vice President Age: 51	Since 1994	Vice President of all the DFA Entities and DFA Australia Limited.

Robert W. Dintzner Vice President Age: 38	Since 2001	Vice President of all the DFA Entities. Prior to April 2001, marketing supervisor and marketing coordinator for Dimensional.

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Kenneth Elmgren Vice President Age: 54	Since 2007	Vice President of all the DFA Entities. Formerly, Managing Principal of Beverly Capital (May 2004 to September 2006); Principal of Wydown Capital (September 2001 to May 2004).

Richard A. Eustice Vice President and Assistant Secretary Age: 43	Since 1998	Vice President and Assistant Secretary of all the DFA Entities and DFA Australia Limited. Formerly, Vice President of Dimensional Fund Advisors Ltd.

Eugene F. Fama, Jr. Vice President Age: 47	Since 1993	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Gretchen A. Flicker Vice President Age: 37	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, institutional client service representative of Dimensional.

Jed S. Fogdall Vice President Age: 34	Since 2008	Vice President of all the DFA Entities. Portfolio Manager for Dimensional (since September 2004). Prior to September 2004, Staff Engineer at the Boeing Company (1997-2004); Graduate Student at the University of California, Los Angeles (2002-2003).

Glenn S. Freed Vice President Age: 46	Since 2001	Vice President of all the DFA Entities.

Mark R. Gochnour Vice President Age: 41	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional.

Henry F. Gray Vice President Age: 41	Since 2000	Vice President of all the DFA Entities. Prior to July 2000, Portfolio Manager of Dimensional. Formerly, Vice President of DFA Australia Limited.

John T. Gray Vice President Age: 34	Since 2007	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (January 2005 to February 2007).

Darla Hastings Vice President Age: 53	Since 2007	Vice President of all the DFA Entities. Chief Marketing Officer of Dimensional. Formerly, Senior Vice President, Customer Experience for Benchmark Assisted Living (May 2005 to April 2006); Executive Vice President and Chief Marketing Officer of State Street Corporation (September 2001 to October 2005).

Joel H. Hefner Vice President Age: 40	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since June 1998).

Julie Henderson Vice President and Fund Controller Age: 34	Since 2005	Vice President and Fund Controller of all the DFA Entities. Formerly, Senior Manager at PricewaterhouseCoopers LLP (July 1996 to April 2005).

Kevin Hight Vice President Age: 40	Since 2005	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (since March 2003 to March 2005).

Christine W. Ho Vice President Age: 40	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Assistant Controller of Dimensional.

Jeff J. Jeon Vice President Age: 34	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Counsel of Dimensional.

Patrick M. Keating Vice President Age: 53	Since 2003	Vice President of all the DFA Entities and Chief Operating Officer of Dimensional. Director, Vice President and Chief Privacy Officer of Dimensional Fund Advisors Canada Inc. Director of DFA Australia Limited.

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Joseph F. Kolerich Vice President Age: 36	Since 2004	Vice President of all the DFA Entities. From April 2001 to April 2004, Portfolio Manager for Dimensional.

Michael F. Lane Vice President Age: 41	Since 2004	Vice President of all the DFA Entities. Formerly, Vice President of Advisor Services at TIAA-CREF (July 2001 to September 2004).

Kristina M. LaRusso Vice President Age: 33	Since 2006	Vice President of all DFA Entities. Formerly, Operations Supervisor of Dimensional (March 2003 to December 2006).

Inmoo Lee Vice President Age: 42	Since 2007	Vice President of all the DFA Entities. Associate Professor Department of Finance and Accounting, Business School, National University of Singapore (July 2004 to present); Associate Professor, College of Business Administration, Korea University (September 2001 to May 2006).

Juliet Lee Vice President Age: 37	Since 2005	Vice President of all the DFA Entities. Human Resources Manager of Dimensional (since January 2004). Formerly, Assistant Vice President for Metropolitan West Asset Management LLC (February 2001 to December 2003).

Aaron M. Marcus Vice President & Head of Global Human Resources Age: 38	Since 2008	Vice President and Head of Global Human Resources of Dimensional. Formerly, Global Head of Recruiting and Vice President of Goldman Sachs & Co. (June 2006 to January 2008); Global Co-Head of HR of the Equities & FICC Division, and Vice President of Goldman Sachs & Co. (May 2005 to May 2006); Head of Americas Campus Recruiting and Vice President of Goldman Sachs & Co. (April 2003 to May 2005).

David R. Martin Vice President, Chief Financial Officer and Treasurer Age: 51	Since 2007	Vice President, Chief Financial Officer and Treasurer of all the DFA Entities. Director, Vice President, Chief Financial Officer and Treasurer of Dimensional Fund Advisors Ltd. and DFA Australia Limited. Chief Financial Officer, Treasurer, and Vice President of Dimensional Fund Advisors Canada Inc. Director of Dimensional Funds PLC and Dimensional Funds II PLC. Formerly, Executive Vice President and Chief Financial Officer of Janus Capital Group Inc. (June 2005 to March 2007); Senior Vice President of Finance at Charles Schwab & Co., Inc. (March 1999 to May 2005).

Catherine L. Newell Vice President and Secretary Age: 44	Vice President since 1997 and Secretary since 2000	Vice President and Secretary of all the DFA Entities. Director, Vice President and Assistant Secretary of DFA Australia Limited (since February 2002, April 1997 and May 2002, respectively). Vice President and Secretary of Dimensional Fund Advisors Canada Inc. (since June 2003). Director, Dimensional Funds PLC and Dimensional Funds II PLC (since January 2002). Formerly, Assistant Secretary of all DFA Entities and Dimensional Fund Advisors Ltd.

Gerard K. O'Reilly Vice President Age: 31	Since 2007	Vice President of all the DFA Entities. Formerly, Research Associate of Dimensional Fund Advisors LP (2004 to 2006); Research Assistant in PhD program, Aeronautics Department California Institute of Technology (1998 to 2004).

Carmen Palafox Vice President Age: 34	Since 2006	Vice President of all the DFA Entities. Operations Manager of Dimensional Fund Advisors LP (since May 1996).

Sonya Park Vice President Age: 36	Since 2005	Vice President of all the DFA Entities. From February 2002 to January 2005, institutional client service representative of Dimensional.

David A. Plecha Vice President Age: 47	Since 1993	Vice President of all the DFA Entities, DFA Australia Limited and Dimensional Fund Advisors Ltd..

Ted Randall Vice President Age: 35	Since 2008	Vice President of all the DFA Entities. Formerly, Research Associate of Dimensional (2006-2008). Systems Developer of Dimensional (2001-2006).

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Eduardo A. Repetto Vice President and Chief Investment Officer Age: 41	Since 2002	Chief Investment Officer (beginning March 2007) and Vice President of all the DFA Entities, DFA Australia Limited and Dimensional Fund Advisors Canada Inc. Formerly, Research Associate for Dimensional (June 2000 to April 2002).

L. Jacobo Rodriguez Vice President Age: 37	Since 2005	Vice President of all the DFA Entities. From August 2004 to July 2005, institutional client service representative of Dimensional. Formerly, Financial Services Analyst, Cato Institute (September 2001 to June 2004); Book Review Editor, Cato Journal, Cato Institute (May 1996 to June 2004).

David E. Schneider Vice President Age: 62	Since 2001	Vice President of all the DFA Entities. Currently, Director of Institutional Services.

Ted R. Simpson Vice President Age: 40	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since December 2002).

Bryce D. Skaff Vice President Age: 33	Since 2007	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (December 1999 to January 2007).

Grady M. Smith Vice President Age: 51	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Portfolio Manager of Dimensional.

Carl G. Snyder Vice President Age: 45	Since 2000	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited.

Lawrence R. Spieth Vice President Age: 60	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Regional Director of Dimensional.

Bradley G. Steiman Vice President Age: 35	Since 2004	Vice President of all the DFA Entities and Director and Vice President of Dimensional Fund Advisors Canada Inc.

Karen E. Umland Vice President Age: 42	Since 1997	Vice President of all the DFA Entities, DFA Australia Limited, Dimensional Fund Advisors Ltd., and since June 2003, Dimensional Fund Advisors Canada Inc.

Carol W. Wardlaw Vice President Age: 49	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Regional Director of Dimensional.

Weston J. Wellington Vice President Age: 57	Since 1997	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited.

Daniel M. Wheeler Vice President Age: 63	Since 2001	Vice President of all the DFA Entities. Prior to 2001 and currently, Director of Financial Advisors Services of Dimensional. Director of Dimensional Fund Advisors Ltd. (since October 2003) and President of Dimensional Fund Advisors Canada Inc. (since June 2003).

Ryan Wiley Vice President Age: 32	Since 2007	Vice President of all the DFA Entities. Senior Trader of Dimensional. Formerly, Portfolio Manager (2006 to 2007); Trader (2001 to 2006).

Paul E. Wise Vice President Age: 53	Since 2005	Vice President of all the DFA Entities. Chief Technology Officer for Dimensional (since 2004). Formerly, Principal of Turnbuckle Management Group (January 2002 to August 2004).

¹ Each officer holds office for an indefinite term at the pleasure of the Boards of Trustee/Directors and until his or her successor is elected and qualified.

VOTING PROXIES ON FUND PORTFOLIO SECURITIES

A description of the policies and procedures that the Trust uses in voting proxies relating to securities held in the portfolio is available without charge, upon request, by calling collect: (310) 395-8005. Information regarding how the Advisor votes these proxies is available from the EDGAR database on the SEC's website at http://www.sec.gov and from the Advisor's website at http://www.dimensional.com and reflects the twelve-month period beginning July 1st and ending June 30th.

NOTICE TO SHAREHOLDERS
(Unaudited)

For shareholders that do not have an October 31, 2008 tax year end, this notice is for informational purposes only. For shareholders with an October 31, 2008 tax year end, please consult your tax advisor as to the pertinence of this notice. For the period December 1, 2007 to October 31, 2008, each portfolio is designating the following items with regard to distributions paid during the period.

Dimensional Investment Group Inc.				Net Investment Income Distributions				Total Distributions				Qualifying For Corporate Dividends Received Deduction(1)				Qualifying Dividend Income(2)				Qualifying Interest Income(3)
U.S. Large Company Institutional Index Portfolio					100	%			100	%			75	%			75	%			4	%

(1) Qualifying dividends represent dividends which qualify for the corporate dividends received deduction and is reflected as a percentage of ordinary Income distributions (the total of short-term capital gain and net investment income distributions).

(2) The percentage in this column represents the amount of "Qualifying Dividend Income" as created by the Jobs and Growth Tax Relief Reconciliation Act of 2003 and is reflected as a percentage of ordinary income distributions (the total of short-term capital gain and net investment income distributions). It is the intention of each of the aforementioned funds to designate the maximum amount permitted by law.

(3) The percentage in this column represents the amount of "Qualifying Interest Income" as created by The American Jobs Creation Act of 2004. The information is reflected as a percentage of ordinary income distributions (the total of short-term capital gain and net investment income distributions).

DFA103108-006A

DFA INVESTMENT DIMENSIONS GROUP INC.

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

Annual Report

Period Ended October 31, 2008

Dimensional Fund Advisors
6300 Bee Cave Road, Building One
Austin, TX 78746

December 2008

Dear Fellow Shareholder,

All of us at Dimensional take our job as the steward of your assets very seriously and hope to have the opportunity to serve you for many years to come.

Sincerely,

David G. Booth
Chairman and Chief Executive Officer

[THIS PAGE INTENTIONALLY LEFT BLANK]

ANNUAL REPORT

Table of Contents

Letter to Shareholders	Page
Definitions of Abbreviations and Footnotes		1

DFA Investment Dimensions Group Inc.

Performance Charts		3

Management's Discussion and Analysis		16

Disclosure of Fund Expenses		34

Disclosure of Portfolio Holdings		40

Schedules of Investments/Summary Schedules of Portfolio Holdings

U.S. Large Company Portfolio		42

Enhanced U.S. Large Company Portfolio		42

U.S. Large Cap Value Portfolio		42

U.S. Targeted Value Portfolio		43

U.S. Small Cap Value Portfolio		46

U.S. Core Equity 1 Portfolio		47

U.S. Core Equity 2 Portfolio		50

U.S. Vector Equity Portfolio		53

T.A. U.S. Core Equity 2 Portfolio		56

U.S. Small Cap Portfolio		59

U.S. Micro Cap Portfolio		59

DFA Real Estate Securities Portfolio		60

Large Cap International Portfolio		62

International Core Equity Portfolio		65

T.A. World ex U.S. Core Equity Portfolio		69

International Small Company Portfolio		74

Japanese Small Company Portfolio		74

Asia Pacific Small Company Portfolio		74

United Kingdom Small Company Portfolio		75

Continental Small Company Portfolio		75

DFA International Real Estate Securities Portfolio		76

DFA Global Real Estate Securities Portfolio		79

DFA International Small Cap Value Portfolio		80

International Vector Equity Portfolio		84

Emerging Markets Portfolio		87

Emerging Markets Small Cap Portfolio		87

Emerging Markets Core Equity Portfolio		88

DFA One-Year Fixed Income Portfolio		91

DFA Two-Year Global Fixed Income Portfolio		91

DFA Selectively Hedged Global Fixed Income Portfolio		92

DFA Five-Year Government Portfolio		95

DFA Five-Year Global Fixed Income Portfolio		96

DFA Intermediate Government Fixed Income Portfolio		98

DFA Inflation-Protected Securities Portfolio		99

DFA Short-Term Municipal Bond Portfolio		100

DFA California Short-Term Municipal Bond Portfolio		104

Statements of Assets and Liabilities		107

Statements of Operations		116

Statements of Changes in Net Assets		125

Financial Highlights		141

Notes to Financial Statements		158

Report of Independent Registered Public Accounting Firm		185

Table of Contents

Continued

	Page
Dimensional Investment Group Inc. — DFA International Value Portfolio

Performance Charts		186

Management's Discussion and Analysis		187

Disclosure of Fund Expenses		190

Disclosure of Portfolio Holdings		191

Statement of Assets and Liabilities		192

Statements of Operations		193

Statements of Changes in Net Assets		194

Financial Highlights		195

Notes to Financial Statements		197

Report of Independent Registered Public Accounting Firm		203

Table of Contents

Continued

The DFA Investment Trust Company

	Page
Performance Charts		204

Management's Discussion and Analysis		210

Disclosure of Fund Expenses		219

Disclosure of Portfolio Holdings		222

Schedules of Investments/Summary Schedules of Portfolio Holdings

The U.S. Large Company Series		224

The Enhanced U.S. Large Company Series		227

The U.S. Large Cap Value Series		229

The U.S. Small Cap Value Series		232

The U.S. Small Cap Series		235

The U.S. Micro Cap Series		238

The DFA International Value Series		241

The Japanese Small Company Series		244

The Asia Pacific Small Company Series		246

The United Kingdom Small Company Series		248

The Continental Small Company Series		250

The Canadian Small Company Series		253

The Emerging Markets Series		255

The Emerging Markets Small Cap Series		258

The DFA One-Year Fixed Income Series		261

The DFA Two-Year Global Fixed Income Series		263

Statements of Assets and Liabilities		265

Statements of Operations		269

Statements of Changes in Net Assets		273

Financial Highlights		281

Notes to Financial Statements		288

Report of Independent Registered Public Accounting Firm		304

Fund Management		305

Voting Proxies on Fund Portfolio Securities		312

Notice to Shareholders		313

Board Approval of Investment Advisory Agreement		314

This report is submitted for the information of the Fund's shareholders. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.

iii

[THIS PAGE INTENTIONALLY LEFT BLANK]

DFA INVESTMENT DIMENSIONS GROUP INC.

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Schedules of Investments/Summary Schedules of Portfolio Holdings

Investment Abbreviations

ADR American Depositary Receipt

AMBAC American Municipal Bond Assurance Corporation

ETM Escrowed to Maturity

FGIC Federal Guaranty Insurance Corporation

FSA Financial Security Assurance

FHLMC Federal Home Loan Mortgage Corporation

FNMA Federal National Mortgage Association

GNMA Government National Mortgage Association

GO General Obligation

MBIA Municipal Bond Insurance Association

P.L.C. Public Liability Company

RB Revenue Bond

REIT Real Estate Investment Trust

SA Special Assessment

SPDR Standard & Poor's Depository Receipts

STRB Special Tax Revenue Bond

STRIP Separate Trading of Registered Interest and Principal of Securities

TAN Tax Anticipation Note

TECP Tax Exempt Commercial Paper

TRAN Tax and Revenue Anticipation Note

Investment Footnotes

† See Note B to Financial Statements.

†† Securities have generally been fair valued. See Note B to Financial Statements.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

^ Denominated in local currency or the Euro, unless otherwise noted.

@ Security purchased with cash proceeds from Securities on Loan.

(r) The adjustable rate shown is effective as of October 31, 2008.

(y) The rate shown is the effective yield.

(t) Face Amount denominated in Australian Dollars.

(g) Face Amount denominated in British Pounds.

(d) Face Amount denominated in Denmark Krone.

(e) Face Amount denominated in Euro.

(j) Face Amount denominated in Japanese Yen.

(z) Face Amount denominated in New Zealand Dollars.

(n) Face Amount denominated in Norwegian Krone.

(s) Face Amount denominated in Swedish Krona.

(f) Face Amount denominated in Swiss Francs.

(u) Face Amount denominated in United States Dollars.

§ Affiliated Fund.

v Security segregated as collateral for the Open Futures Contracts.

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES
Continued

Financial Highlights

(A) Computed using average shares outstanding.

(B) Annualized

(D) Represents the combined ratios for the respective portfolio and its respective pro-rata share of its Master Fund Series.

(E) Because of commencement of operations and related preliminary transaction costs, these ratios are not necessarily indicative of future ratios.

N/A Does not apply to this fund.

All Statements and Schedules

— Amounts designated as — are either zero or rounded to zero.

SEC Securities and Exchange Commission

REITs Real Estate Investment Trusts

(a) Commencement of Operations.

DFA INVESTMENT DIMENSIONS GROUP INC.
PERFORMANCE CHARTS

DFA INVESTMENT DIMENSIONS GROUP INC.
MANAGEMENT'S DISCUSSION AND ANALYSIS

U.S. Equity Market Review 11 Months Ended October 31, 2008

For the 11 months ended October 31, 2008, small company stocks slightly outperformed large companies, and mid cap companies underperformed both small and large cap companies. The performance of the Russell Microcap Index^® was –33.59%, the Russell 2000 Index^® was –29.07%, CRSP 6-10 Index was –32.90%, and MSCI USA Small Cap 1750 Index was –32.21%. Large cap value stocks, as measured by the Russell 1000 Value Index^®, slightly outperformed large cap growth stocks, as measured by the Russell 1000 Growth Index^®. The value premium was larger among small cap stocks.

Total Return for 11 Months Ended October 31, 2008

Russell 2000 Index^® (small cap companies)	–29.07	%
Russell Midcap Index^® (mid cap companies)	–37.70	%
Russell 1000 Index^® (large cap companies)	–33.99	%
Russell 3000 Value Index^®	–32.90	%
Russell 3000 Growth Index^®	–34.45	%

When the large, mid, and small cap market segments are further divided by value and growth characteristics, the distinction in performance within sectors was equally significant.

Total Return for 11 Months Ended October 31, 2008

Russell 1000 Value Index^® (large cap value companies)	–33.55	%
Russell 1000 Growth Index^® (large cap growth companies)	–34.54	%
Russell Midcap Value Index^® (mid cap value companies)	–35.42	%
Russell Midcap Growth Index^® (mid cap growth companies)	–40.01	%
Russell 2500 Value Index^® (small/mid cap value companies)	–29.10	%
Russell 2500 Growth Index^® (small/mid cap growth companies)	–37.30	%
Russell 2000 Value Index^® (small cap value companies)	–24.91	%
Russell 2000 Growth Index^® (small cap growth companies)	–33.26	%

Master-Feeder Structure

Certain portfolios described below, called "Feeder Funds," do not buy individual securities directly; instead, these portfolios invest in corresponding funds called "Master Funds." Master Funds, in turn, purchase stocks, bonds, and/or other securities.

Domestic Equity Portfolios' Performance Overview

U.S. Large Company Portfolio

The U.S. Large Company Portfolio seeks to approximate the returns of the S&P 500 Index^® by purchasing shares of a Master Fund that invests in S&P 500 Index^® stocks in approximately the same proportions as they are represented in the S&P 500 Index^®. The Master Fund was mostly invested in equities throughout the year: average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Master Fund's assets.

For the 11 months ended October 31, 2008, total returns were –33.14% for the Portfolio and –33.31% for the S&P 500 Index^®. The securities in the Master Fund closely tracked the investment results of the Index. The better relative performance of the Portfolio was primarily due to the flexible trading approach employed by the Portfolio to gain exposure to the performance of the Index during periods of index reconstitution.

Enhanced U.S. Large Company Portfolio

The Enhanced U.S. Large Company Portfolio seeks to outperform the total return performance of the S&P 500 Index^® by purchasing shares of a Master Fund that uses an "enhanced cash" strategy. This strategy combines investment in high-grade, short-term fixed income instruments with an overlay of S&P 500 Index^® futures contracts or swaps. For the 11 months ended October 31, 2008, approximately 98% of the overlay instruments consisted of S&P 500 Index futures contracts. Swaps and ETFs completed the equity exposure for the last month of the fiscal year. The behavior of S&P 500 Index futures contracts and ETFs linked to the S&P 500 Index is determined principally by the performance of the S&P 500 Index. For the 11 months ended October 31, 2008, total return was –33.89% for the Portfolio and –33.31% for the S&P 500 Index. Relative to the S&P 500 Index, underperformance was mostl y due to returns of the fixed income securities in the Master Fund as well as differences in costs between the Portfolio and the Index.

U.S. Large Cap Value Portfolio

The U.S. Large Cap Value Portfolio seeks to capture the returns of U.S. large company value stocks by purchasing shares of a Master Fund that invests in such stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to large cap value stocks, but does not attempt to closely track a specific equity index. The Master Fund held approximately 200 stocks as of October 31, 2008, and was mostly invested in equities throughout the year: average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Master Fund's assets.

As a result of the Master Fund's diversified investment approach, performance was determined principally by broad structural trends in the U.S. equity market, rather than by the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, large cap value stocks generally outperformed large cap growth stocks. Total returns were –33.31% for the S&P 500 Index^®, –33.55% for the Russell 1000 Value Index^®, and –36.63% for the Portfolio. Relative to the Russell 1000 Value Index^®, underperformance of the Portfolio was primarily due to the Master Fund's lower-exposure to stocks with neutral value/growth characteristics as measured by book-to-market ("BtM") ratio, and weighting and composition differences of consumer discretionary and consumer staples stocks due to structural differences in the eligible universe of the Master Fund as compared to the Index. Less value- oriented stocks in the middle BtM quartiles, which represented approximately 11% of the Master Fund compared to approximately 47% of the Index, outperformed value stocks in the highest BtM quartile by more than 17 percentage points. Stocks held by the Master Fund in the consumer discretionary sector, which represented approximately 16% of the Master Fund compared to approximately 8% of the Index, underperformed similar stocks in the Index by about 8 percentage points. Stocks held by the Master Fund in the consumer staples sector, which represented approximately 5% of the Master

Fund compared to 9% of the Index, underperformed similar stocks held by the Index by approximately 20 percentage points.

U.S. Targeted Value Portfolio

The U.S. Targeted Value Portfolio seeks to capture the returns of U.S. small and mid capitalization value stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to small and mid cap value stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Portfolio held approximately 1,520 stocks, and was mostly invested in equities throughout the year: average cash levels for the 11 months ended October 31, 2008 were in general approximately 1% of the Portfolio's assets.

As a result of the Portfolio's diversified investment approach, performance was determined principally by broad structural trends in the U.S. equity market, rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, the size premium was not strong; micro cap and mid cap stocks underperformed large and small cap stocks. Value stocks generally outperformed growth stocks. Total returns were –29.07% for the Russell 2000 Index^®, –24.91% for the Russell 2000 Value Index^®, –35.42% for the Russell Midcap Value Index^®, and –29.27% for the Portfolio.

Relative to the Russell 2000 Value Index^®, underperformance of the Portfolio for the fiscal year was primarily due to its underperformance in the first five to six weeks of the third quarter following the annual reconstitution of the Russell indexes. During this period, declining financial stocks added to the Index reversed course and rallied, while surging energy stocks removed from the Index slumped. The Portfolio held a different composition of financials and energy stocks than the Index and thus underperformed by over 3 percentage points during this period. A lower exposure to stocks with neutral value/growth characteristics as measured by book-to-market ratios also contributed to the Portfolio's underperformance. Mid cap stocks held by the Portfolio underperformed similar stocks held by the Index by approximately 14 percentage points, which also contributed to the underperformance.

U.S. Targeted Value Portfolio R1

The U.S. Targeted Value Portfolio R1 seeks to capture the returns of U.S. small and mid capitalization value stocks. The investment strategy employed by the U.S. Targeted Value Portfolio R1 is a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to small and mid cap value stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Master Fund held approximately 1,520 stocks, and was mostly invested in equities throughout the period from the Portfolio's inception on January 31, 2008: average cash levels for the period ended October 31, 2008 were in general approximately 1% of the Portfolio's assets.

As a result of the Portfolio's diversified investment approach, performance was determined principally by broad structural trends in the U.S. equity market, rather than the behavior of a limited number of stocks. For the period from the Portfolio's inception on January 31, 2008 through October 31, 2008, total returns were –23.83% for the Russell 2000 Index^®, –21.03% for the Russell 2000 Value Index^®, –31.58% for the Russell Midcap Value Index^®, and –24.96% for the U.S. Targeted Value Portfolio R1.

Relative to the Russell 2000 Value Index^®, underperformance of the Portfolio for the period since inception was primarily due to its underperformance in the first five to six weeks of the third quarter following the annual reconstitution of the Russell indexes. During this period, declining financial stocks added to the Index reversed course and rallied, while surging energy stocks removed from the Index slumped. The Portfolio held a different composition of financials and energy stocks than the Index and thus underperformed by over 3 percentage points during this period. A lower exposure to stocks with neutral value/growth characteristics as measured by book-to-market ratios also contributed to the Portfolio's underperformance. Mid cap stocks held by the Portfolio underperformed similar stocks held by the Index by approximately 16 percentage points, which also contributed to the underperformance.

U.S. Targeted Value Portfolio R2

The U.S. Targeted Value Portfolio R2 seeks to capture the returns of U.S. small and mid capitalization value stocks. The investment strategy employed by the U.S. Targeted Value Portfolio R2 is a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to small and mid cap value stocks, but does not attempt to

track closely a specific equity index. As of October 31, 2008, the Master Fund held approximately 1,520 stocks, and was mostly invested in equities throughout the period from the Portfolio's inception on June 30, 2008: average cash levels for the period ended October 31, 2008 were in general approximately 1% of the Portfolio's assets.

As a result of the Portfolio's diversified investment approach, performance was determined principally by broad structural trends in the U.S. equity market, rather than the behavior of a limited number of stocks. For the period from the Portfolio's inception on June 30, 2008 through October 31, 2008, total returns were –21.68% for the Russell 2000 Index^®, –16.01% for the Russell 2000 Value Index^®, –28.57% for the Russell Midcap Value Index^®, and –21.40% for the U.S. Targeted Value Portfolio R2.

Relative to the Russell 2000 Value Index^®, underperformance of the Portfolio for the fiscal year was primarily due to its underperformance in the first five to six weeks of the third quarter following the annual reconstitution of the Russell indexes. During this period, declining financial stocks added to the Index reversed course and rallied, while surging energy stocks removed from the Index slumped. The Portfolio held a different composition of financials and energy stocks than the Index and thus underperformed by over 3 percentage points during this period. Mid cap stocks held by the Portfolio underperformed similar stocks held by the Index by approximately 5 percentage points, which also contributed to the underperformance.

U.S. Small Cap Value Portfolio

The U.S. Small Cap Value Portfolio seeks to capture the returns of U.S. small company value stocks by purchasing shares of a Master Fund that invests in such stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to small company value stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Master Fund held about 2,130 stocks and was mostly invested in equities throughout the year: average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Master Fund's assets.

Relative to the Russell 2000 Value Index^®, underperformance of the Portfolio for the fiscal year was primarily due to the Master Fund's underperformance in the first five to six weeks of the third quarter following the annual reconstitution of the Russell indexes. During this period, declining financial stocks added to the Index reversed course and rallied, while surging energy stocks removed from the Index slumped. The Master Fund did not hold the same composition of financials and energy stocks as the Index and thus underperformed by more than 3 percentage points during this period. Composition differences among the largest and smallest stocks held in the Master Fund as compared to the Index, and a greater exposure to stocks with the most pronounced value characteristics as measured by book-to-market ("BtM") ratio, also contributed to the Master Fund underperformance. Micro cap stocks held by the Master Fund, which accounted for approximately 34% of the Portfolio compared to 23% of the Index, underperformed similarly sized stocks held by the Index by approximately 6 percentage points. In addition, value stocks in the highest BtM quartile, which accounted for approximately 59% of the Master Fund compared to approximately 39% of the Index, underperformed the Index by approximately 10 percentage points.

U.S. Core Equity 1 Portfolio

The U.S. Core Equity 1 Portfolio seeks to capture the returns of the total U.S. market universe, with increased exposure to smaller company stocks and those stocks with value characteristics as measured by book-to-market ("BtM") ratio. The investment strategy employs a disciplined, quantitative approach, emphasizing wide diversification and comprehensive exposure to U.S. stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Portfolio held about 3,520 stocks and was mostly invested in equities throughout the year: average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Portfolio's assets.

As a result of the Portfolio's total market orientation, performance was determined principally by broad structural trends in the U.S. equity market, rather than by the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, the size premium was not strong; micro cap and mid cap stocks underperformed large and small cap stocks. Value stocks generally outperformed growth stocks. Total returns were –33.31% for the S&P 500 Index^®, –33.62% for the Russell 3000 Index^®, and –32.85% for the Portfolio. Compared to the Russell 3000 Index^®, the better relative performance of the Portfolio was primarily due to the Portfolio's higher allocation to value stocks. Value stocks owned by the Portfolio in the highest BtM quartile, which represented approximately 33% of the Portfolio compared to approximately 26% of the Index, outperformed those held in the Index by 3 per centage points.

U.S. Core Equity 2 Portfolio

The U.S. Core Equity 2 Portfolio seeks to capture the returns of the total U.S. market universe with greater exposure to smaller company stocks and those stocks with value characteristics as measured by book-to-market ("BtM") ratio than the U.S. Core Equity 1 Portfolio. The investment strategy employs a disciplined, quantitative approach, emphasizing wide diversification and comprehensive exposure to U.S. stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Portfolio held about 3,530 stocks and essentially was fully invested in equities throughout the year: average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of assets.

As a result of the Portfolio's total market orientation, performance was determined principally by broad structural trends in the U.S. equity market, rather than by the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, the size premium was not strong; micro cap and mid cap stocks underperformed large and small cap stocks. Value stocks generally outperformed growth stocks. Total returns were –33.31% for the S&P 500 Index^®, –33.62% for the Russell 3000 Index^®, and –33.16% for the Portfolio. Compared to the Russell 3000 Index^®, the better relative performance of the Portfolio was primarily due to the Portfolio's higher allocation to value stocks. Value stocks owned by the Portfolio in the two highest BtM quartiles, which represented approximately 72% of the Portfolio compared to approximately 51% of the Russell 3000 Index^®, outperforme d those held in the Index. Financial stocks representing approximately 20% of the Portfolio outperformed financials representing approximately 15% of the Index by approximately 7 percentage points.

U.S. Vector Equity Portfolio

The U.S. Vector Equity Portfolio seeks to capture the returns of a broadly diversified basket of U.S. stocks with stronger exposure to smaller company stocks and those stocks with value characteristics as measured by book-to-market ratio than the U.S. Core Equity 2 Portfolio. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Portfolio held about 3,380 stocks and essentially was fully invested in equities throughout the year: average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of assets.

As a result of the Portfolio's diversified investment approach, performance was determined principally by broad structural trends in the U.S. equity market, rather than by the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, the size premium was not strong; micro cap and mid cap stocks underperformed large and small cap stocks. Value stocks generally outperformed growth stocks. Total returns were –33.17% for the Russell 2500 Index^®, –29.10% for the Russell 2500 Value Index^®, and –33.29% for the Portfolio. Relative to the Russell 2500 Index^®, underperformance of the Portfolio was primarily due to differences in expenses between the Portfolio and the Index. Results for the Index are not diminished by management and administrative expenses associated with running a live portfolio. Greater exposure to large cap stocks, which comprised approximately 23% o f the Portfolio compared to less than 1% of the Index and lagged the performance of similar stocks in the Index by approximately 32 percentage points, also contributed to the Portfolio's underperformance.

T.A. U.S. Core Equity 2 Portfolio

The T.A. U.S. Core Equity 2 Portfolio seeks to capture the returns of the total U.S. market universe, with increased exposure to smaller company stocks and those stocks with value characteristics as measured by book-to-market ("BtM") ratio, while minimizing federal income tax implications of investment decisions. The investment strategy employs

a disciplined, quantitative approach, emphasizing wide diversification and comprehensive exposure to U.S. stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Portfolio held about 2,840 stocks and essentially was fully invested in equities throughout the year: the average cash level for the 11 months ended October 31, 2008 was in general approximately 1% of assets.

As a result of the Portfolio's total market orientation, performance was determined principally by broad structural trends in the U.S. equity market, rather than by the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, the size premium was not strong; micro cap and mid cap stocks underperformed large and small cap stocks. Value stocks generally outperformed growth stocks. Total returns were –33.31% for the S&P 500 Index^®, –33.62% for the Russell 3000 Index^® and –32.16% for the Portfolio. Compared to the Russell 3000 Index^®, the better relative performance of the Portfolio was primarily due to the Portfolio's higher allocation to value stocks. Value stocks owned by the Portfolio in the highest BtM quartile, which represented approximately 40% of the Portfolio compared to approximately 26% of the Index, outperformed similar stocks held in the Index by approximately 6 percentage points. Financial stocks held by the Portfolio outperformed financials held by the Russell 3000 Index^® by approximately 12 percentage points.

U.S. Small Cap Portfolio

The U.S. Small Cap Portfolio seeks to capture the returns of U.S. small company stocks by purchasing shares of a Master Fund that invests in such stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to small company stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Master Fund held approximately 2,480 stocks and was mostly invested in equities throughout the year: average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Master Fund's assets.

As a result of the Master Fund's diversified investment approach, performance was determined principally by broad structural trends in the U.S. equity market, rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, the size premium was not strong; micro cap and mid cap stocks underperformed large and small cap stocks. Value stocks generally outperformed growth stocks. Total returns were –29.07% for the Russell 2000 Index^®, –33.59% for the Russell Microcap Index, and –30.67% for the Portfolio. Relative to the Russell 2000 Index^®, the underperformance of the Portfolio for the fiscal year was primarily due to the Master Fund's higher allocation to micro cap stocks, which underperformed small cap stocks, and due to the better performance of mid cap stocks in the Index.

U.S. Micro Cap Portfolio

The U.S. Micro Cap Portfolio seeks to capture the returns of very small U.S. company stocks by purchasing shares of a Master Fund that invests in such stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to very small company stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Master Fund held approximately 2,440 stocks and was mostly invested in equities throughout the year: average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Master Fund's assets.

DFA Real Estate Securities Portfolio

The DFA Real Estate Securities Portfolio is designed to capture the returns of a broadly diversified portfolio of real estate securities (e.g., REITs), but does not attempt to track closely a specific index. As of October 31, 2008, the Portfolio held approximately 100 stocks, and was mostly invested in equities throughout the year: for the 11 months ended October 31, 2008 average cash levels were in general less than 1% of the Portfolio's assets.

As a result of the Portfolio's diversified approach, performance was determined principally by structural trends in the real estate securities market, rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, the REIT sector slightly underperformed broad U.S. equity market indices. Total returns were –33.31% for the S&P 500 Index^®, –35.18% for the Dow Jones Wilshire REIT Index, and –34.46% for the Portfolio. Relative to the Dow Jones Wilshire REIT Index, the better relative performance of the Portfolio was attributable to a larger exposure to self storage REITs. On average, these securities represented 6% of the Portfolio compared to 5% of the Index and outperformed the Index by approximately 38 percentage points. Composition differences between the smallest stocks held by the Portfolio compared to the Index also contributed to the Portfolio's better performance.

International Equity Market Review 11 Months Ended October 31, 2008

International equity markets, affected by credit and liquidity problems similar to those experienced in the U.S., experienced high levels of volatility and broadly negative returns for the period under review. Due to the strengthening of the U.S. dollar vs. most developed countries' currencies (with the exception of the Japanese Yen and the Hong Kong dollar), the performance numbers when expressed in U.S. dollars were lower than when expressed in local currencies for all of the largest country constituents of the MSCI World ex USA Index, with the exception of Japan and Hong Kong. Overall, currency exchange rate changes reduced the returns expressed in U.S. dollars: total return for the MSCI World ex USA Index (net dividends) was –37.82% in local currency and –44.37% in U.S. dollars.

Total Returns for 11 Months Ended October 31, 2008

Ten Largest Foreign Developed Markets by Market Cap (BB)	Local Currency Return			U.S. Dollar Return
Japan ($2,111)		–43.55	%		–36.33	%
United Kingdom ($1,758)		–29.61	%		–44.68	%
France ($872)		–36.80	%		–45.40	%
Canada ($786)		–25.69	%		–38.91	%
Germany ($705)		–37.97	%		–46.42	%
Switzerland ($704)		–30.05	%		–32.39	%
Australia ($513)		–35.10	%		–51.58	%
Spain ($331)		–40.19	%		–48.33	%
Italy ($301)		–43.34	%		–51.06	%
Netherlands ($206)		–41.65	%		–49.59	%

Country market capitalizations (in parentheses) are in USD billions. Source: Returns are of MSCI indices net of foreign withholding taxes on dividends. Country market capitalizations are based on country carve-outs of the MSCI All-Country World Investable Market Index. MSCI data copyright MSCI 2008, all rights reserved.

Small company stocks were the poorest-performing asset classes in international markets, while large company growth stocks had the best relative results.

Total Returns for 11 Months Ended October 31, 2008

	U.S. Dollar Return
MSCI World ex USA Small Cap Index		–50.30	%
MSCI World ex USA Value Index		–45.31	%
MSCI World ex USA Index		–44.37	%
MSCI World ex USA Growth Index		–43.47	%

Losses in emerging markets were worse, on average, than in developed country markets, although results varied widely among individual countries. For the 11 months under review, total returns in U.S. dollars were –53.02% for the MSCI Emerging Markets Index (net dividends) and –44.37% for the MSCI World ex USA Index (net dividends).

Total Returns for 11 Months Ended October 31, 2008

Country	U.S. Dollar Return
Argentina		–55.00	%
Brazil		–51.21	%
Chile		–36.59	%
China		–59.33	%
Czech Republic		–40.25	%
Hungary		–58.65	%
India		–61.19	%
Indonesia		–59.87	%
Israel		–23.01	%
Malaysia		–40.52	%
Mexico		–44.05	%
Philippines		–49.76	%
Poland		–51.90	%
South Africa		–47.38	%
South Korea		–55.75	%
Taiwan		–43.57	%
Thailand		–51.81	%
Turkey		–59.24	%

Master-Feeder Structure

Certain portfolios described below, called "Feeder Funds," do not buy individual securities directly; instead, these portfolios invest in corresponding funds called a "Master Fund." The Master Funds, in turn, purchase stocks, bonds, and/or other securities.

International Equity Portfolios' Performance Overview

Large Cap International Portfolio

The Large Cap International Portfolio seeks to capture the returns of international large company stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to large cap stocks, but does not attempt to track closely a specific equity index. The Portfolio held

approximately 1,330 stocks in 22 developed country markets as of October 31, 2008, and was mostly invested in equities throughout the year: average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Portfolio's assets.

As a result of the Portfolio's diversified investment approach, performance was determined principally by broad structural trends in the international equity markets rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, international large cap stocks generally outperformed international small cap stocks. Total returns were –44.81% for the MSCI EAFE Index (net dividends), –44.37% for the MSCI World ex USA Index (net dividends), and –43.14% for the Portfolio. Relative to the MSCI EAFE Index (net dividends), the better performance of the Portfolio was primarily due to composition differences among financial stocks and stocks with lower market capitalizations held by the Portfolio compared to the Index. Financial stocks held by the Portfolio outperformed those held by the Index by approximately 2 percentage points. Stocks held by the Portfolio in the second largest quintile by market cap italizations also outperformed those held by the Index by approximately 2 percentage points.

International Core Equity Portfolio

The International Core Equity Portfolio seeks to capture the returns of the broad universe of international stocks, with increased exposure to smaller company stocks and stocks with value characteristics as measured by book-to-market ratio. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and comprehensive exposure to developed country stocks, but does not attempt to track closely a specific equity index. The Portfolio held about 4,820 stocks in 22 developed country markets as of October 31, 2008, and was mostly invested in equities throughout the year: average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Portfolio's assets.

As a result of the Portfolio's diversified investment approach, performance was determined principally by broad structural trends in the international equity markets rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, total returns were –44.37% for the MSCI World ex USA Index (net dividends) and –45.76% for the Portfolio. The underperformance of the Portfolio as compared to the Index was primarily due to a larger allocation of the Portfolio to micro cap stocks. Micro cap stocks, which represented approximately 16% of the Portfolio compared to less than 1% of the Index, underperformed the Index by approximately 2 percentage points. To a lesser extent, underperformance to the Index was attributable to a smaller allocation by the Portfolio to health care stocks, which outperformed the Index by more than 16 percentage points. Health care stocks comprised approximately 4% of the Portfolio, c ompared to 6% of the Index.

T.A. World ex U.S. Core Equity Portfolio

The T.A. World ex U.S. Core Equity Portfolio seeks to capture the returns of a broadly diversified basket of international stocks in developed and emerging markets, with increased exposure to smaller company stocks and those stocks with value characteristics as measured by book-to-market ratio. The Portfolio also seeks to lower tax exposure by minimizing the realization of short-term capital gains and non-qualified dividend income. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Portfolio held approximately 3,310 stocks in 39 developed and emerging markets and was mostly invested in equities throughout the period: average cash levels from the Portfolio's inception on March 6, 2008 through October 31, 2008 were in general approximately 3% of the Portfolio's assets.

As a result of the Portfolio's diversified investment approach, performance was determined principally by broad structural trends in the international equity markets, rather than by the behavior of a limited number of stocks. For the period from the Portfolio's inception on March 6, 2008 through October 31, 2008, total returns were –40.15% for the MSCI All Country World ex USA Index, and –40.61% for the Portfolio. Relative to the Index, underperformance of the Portfolio was primarily due to differences in expenses between the Portfolio and the Index and due to the Portfolio's greater exposure to micro cap stocks. Results for the Index are not diminished by management and administrative expenses associated with running a live portfolio. Micro cap stocks comprised approximately 15% of the Portfolio compared to 1% of the Index and underperformed the Index. A smaller allocation by the Portfolio to health care stocks,

which outperformed the Index by a wide margin, also contributed to the Portfolio's underperformance. Health care stocks comprised about 4% of the Portfolio, compared to 6% of the Index.

International Small Company Portfolio

The International Small Company Portfolio seeks to capture the returns of international small company stocks by purchasing shares of five Master Funds that invest individually in Canada, the United Kingdom, Europe (excluding the U.K.), Japan, and Asia Pacific. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to small company stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Master Funds held approximately 4,070 stocks in 22 developed country markets and were mostly invested in equities throughout the year: the combined average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Portfolio's assets.

As a result of the Master Funds' diversified investment approach, performance was determined principally by broad structural trends in international equity markets, rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, international small company stocks underperformed international large company stocks. Total returns were –49.91% for the MSCI EAFE Small Cap Index (net dividends), –51.10% for the MSCI EAFE Small Cap Index (price-only), –50.30 for the MSCI World ex USA Small Cap Index (net dividends), –51.45% for the MSCI World ex USA Small Cap Index (price-only), and –47.13% for the Portfolio. The Indexes net of foreign withholding taxes on dividends do not have ten years of performance. The Portfolio intends to include the price-only Indexes for performance comparison purposes until the net-dividends Indexes have at least ten years of data to report.

Relative to both the MSCI EAFE Small Cap Index (net dividends) and the MSCI World ex USA Small Cap Index (net dividends), the outperformance of the Portfolio was primarily due to composition differences in value stocks between the Master Funds and the Indexes. Value stocks held by the Master Funds outperformed similar stocks in both Indexes by approximately 5 percentage points. Small and micro cap stocks held by the Master Funds outperformed similar stocks held by both Indexes, which also contributed to its better relative performance.

Japanese Small Company Portfolio

The Japanese Small Company Portfolio seeks to capture the returns of Japanese small company stocks by purchasing shares of a Master Fund that invests in such stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to small company stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Master Fund held approximately 1,240 stocks and average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Master Fund's assets.

As a result of the Master Fund's diversified investment approach, performance was determined principally by broad structural trends in the Japanese equity market, rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, Japanese small company stocks outperformed Japanese large company stocks. Total returns were –36.36% for the MSCI Japan Large Cap Index (net dividends), –33.92% for the MSCI Japan Small Cap Index (net dividends), –35.17% for the MSCI Japan Small Cap Index (price-only) and –27.16% for the Portfolio. The Index net of foreign withholding taxes on dividends does not have ten years of performance. The Portfolio intends to include the price-only Index for performance comparison purposes until the net-dividends Index has at least ten years of data to report.

Relative to the MSCI Japan Small Cap Index (net dividends), the better relative performance of the Portfolio was due to the Master Fund's larger allocation to value stocks, which outperformed the Index by approximately 10 percentage points. Value stocks held by the Master Fund, which accounted for approximately 21% of the Master Fund compared to 13% of the Index, outperformed similar stocks in the Index by approximately 5 percentage points. Small cap and micro cap stocks held by the Master Fund outperformed similar stocks in the MSCI Japan Small Cap Index (net dividends), which also contributed to its better performance.

Asia Pacific Small Company Portfolio

The Asia Pacific Small Company Portfolio seeks to capture the returns of small company stocks in developed Asia Pacific markets, excluding Japan, by purchasing shares of a Master Fund that invests in such stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to small company stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Master Fund held approximately 950 stocks, and assets were allocated mainly among four countries: Australia, Hong Kong, New Zealand, and Singapore (approximately 62%, 17%, 8%, and 12%, respectively). Country allocations are determined by utilizing the approximate weights of individual securities within a universe of Asia Pacific small company stocks. The allocations do not represent a forecast of future performance and are subject to change. Average cash levels for the 11 months ended October 31, 2008 were in general approximately 1% of the Master Fund's assets.

As a result of the Master Fund's diversified investment approach, performance was determined principally by broad structural trends in Asia Pacific equity markets rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, Asia Pacific small company stocks underperformed Asia Pacific large company stocks. Total returns were –50.78% for the MSCI Pacific ex Japan Large Cap Index (net dividends), –62.96% for the MSCI Pacific ex Japan Small Cap Index (net dividends), –64.17% for the MSCI Pacific ex Japan Small Cap Index (price-only), and –57.94% for the Portfolio. The Index net of foreign withholding taxes on dividends does not have ten years of performance. The Portfolio intends to include the price-only Index for performance comparison purposes until the net-dividends Index has at least ten years of data to report.

Relative to the MSCI Pacific ex Japan Small Company Index (net dividends), the better relative performance of the Portfolio was primarily due to the Master Fund's composition differences among stocks with larger market capitalizations. Small cap stocks with higher market capitalizations held by the Master Fund outperformed similar size stocks held by the Index by approximately 6 percentage points. The Master Fund's larger allocation to energy stocks, which comprised about 10% of the Portfolio compared to 8% of the Index and outperformed the overall Index, also contributed to the Portfolio's better performance.

United Kingdom Small Company Portfolio

The United Kingdom Small Company Portfolio seeks to capture the returns of U.K. small company stocks by purchasing shares of a Master Fund that invests in such stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to small company stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Master Fund held approximately 380 stocks, and average cash levels for the 11 months ended October 31, 2008 were in general approximately 1% of the Master Fund's assets.

As a result of the Master Fund's diversified investment approach, performance was determined principally by broad structural trends in the U.K. equity market, rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, U.K. small company stocks underperformed U.K. large company stocks. Total returns were –43.64% for the MSCI U.K. Large Cap Index (net dividends), –53.13% for the MSCI U.K. Small Cap Index (net dividends), –54.52% for the MSCI U.K. Small Cap Index (price-only) and –50.97% for the Portfolio. The Index net of foreign withholding taxes on dividends does not have ten years of performance. The Portfolio intends to include the price-only Index for performance comparison purposes until the net-dividends Index has at least ten years of data to report.

Relative to the MSCI U.K. Small Cap Index (net dividends), the better relative performance of the Portfolio was primarily due to the lower allocation by the Master Fund to financials, 13% vs. 17%. Financial stocks held by the Master Fund outperformed similar stocks in the Index by approximately 5 percentage points.

Continental Small Company Portfolio

The Continental Small Company Portfolio seeks to capture the returns of small company stocks in developed markets of Europe, excluding the U.K., by purchasing shares of a Master Fund that invests in such stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to

small company stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Master Fund held approximately 1,150 stocks in 15 developed continental European countries, and average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Master Fund's assets. Country allocations reflect the approximate weights of individual securities within a universe of continental European small company stocks. Country allocations do not represent a forecast of future performance and are subject to change.

As a result of the Master Fund's diversified investment approach, performance was determined principally by broad structural trends in the continental European equity markets, excluding the U.K., rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, continental European small company stocks underperformed continental European large company stocks. Total returns were –46.25% for the MSCI Europe ex U.K. Large Cap Index (net dividends), –54.30% for the MSCI Europe ex U.K Small Cap Index (net dividends), –55.24% for the MSCI Europe ex U.K. Small Cap Index (price-only), and –49.89% for the Portfolio. The Index net of foreign withholding taxes on dividends does not have ten years of performance. The Portfolio intends to include the price-only Index for performance comparison purposes until the net-dividends Index has at least ten years of data to report.

Relative to the MSCI Europe ex U.K. Small Cap Index (net dividends), the better performance of the Portfolio was primarily due to the Master Fund's composition differences for financial and industrial stocks. Financial stocks held by the Master Fund outperformed those held by the Index by approximately 13 percentage points, while industrial stocks held by the Master Fund outperformed similar stocks in the Index by approximately 4 percentage points.

DFA International Real Estate Securities Portfolio

DFA International Real Estate Securities Portfolio is designed to capture the returns of a broadly diversified portfolio of real estate securities in international markets, but does not attempt to track closely a specific index. As of October 31, 2008, the Portfolio held approximately 170 stocks in 16 developed and emerging countries, and average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Portfolio's assets.

As a result of the Portfolio's diversified approach, performance was determined principally by structural trends in international real estate securities markets, rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, total returns were –51.66% for the S&P Global ex US REIT Index (gross dividends) and –52.85% for the Portfolio. Relative to the Index, the underperformance of the Portfolio was mainly attributable to a lower exposure to large cap REIT securities, which outperformed the overall Index. Large cap REITs represented approximately 46% of the Portfolio, compared to 55% of the Index.

DFA Global Real Estate Securities Portfolio

DFA Global Real Estate Securities Portfolio, a fund of funds, is designed to capture the returns of a broadly diversified portfolio of real estate securities in U.S. and international markets, but does not attempt to track closely a specific index. As of October 31, 2008, the Portfolio invested in the DFA International Real Estate Securities Portfolio and the DFA Real Estate Securiites Portfolio (the "Underlying Funds").

As a result of the Portfolio's diversified approach, performance was determined principally by structural trends in global real estate securities markets, rather than the behavior of a limited number of stocks. For the period from the Portfolio's inception on June 4, 2008 through October 31, 2008, total returns were –40.35% for the S&P Global REIT Index (gross dividends) and –39.60% for the Portfolio. Relative to the Index, the better performance of the Portfolio was primarily due to the Underlying Funds' greater allocation to U.S. REITs, which outperformed the Index, and a lower allocation to Australian REITs, which underperformed the Index. U.S. REITs comprised approximately 60% of the Underlying Funds compared to 52% of the Index, while Australian REITs comprised 11% of the Underlying Funds compared to 16% of the Index.

DFA International Small Cap Value Portfolio

The DFA International Small Cap Value Portfolio seeks to capture the returns of international small company value stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification

and consistent exposure to small company value stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Portfolio held approximately 2,260 stocks in 22 developed countries, and average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Portfolio's assets.

As a result of the Portfolio's diversified investment approach, performance was determined principally by broad structural trends in international equity markets, rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, total returns were –49.91% for the MSCI EAFE Small Cap Index (net dividends), –51.10% for the MSCI EAFE Small Cap Index (price-only), –50.30% for the MSCI World ex USA Small Cap Index (net dividends), –51.45% for the MSCI World ex USA Small Cap Index (price-only), and –45.17% for the Portfolio. The Indexes net of foreign withholding taxes on dividends do not have ten years of performance. The Portfolio intends to include the price-only Indexes for performance comparison purposes until the net-dividends Indexes have at least ten years of data to report.

Relative to the MSCI EAFE Small Cap Index and the MSCI World ex USA Small Cap Index (both net dividends), the outperformance of the Portfolio was primarily due to composition differences in Japanese stocks between the Portfolio and the Indexes. Japanese stocks in the Portfolio outperformed Japanese stocks in the benchmarks by about 15%.

International Vector Equity Portfolio

The International Vector Equity Portfolio seeks to capture the returns of a broadly diversified basket of international stocks, with stronger exposure to smaller company stocks and those stocks with value characteristics as measured by book-to-market ratio than the International Core Equity Portfolio. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification, but does not attempt to track closely a specific equity index. The Portfolio held approximately 2,280 stocks in 22 developed country markets as of October 31, 2008 and was mostly invested in equities throughout the year: average cash levels for the period from the Portfolio's inception on August 14, 2008 through October 31, 2008 were in general approximately 4.5% of the Portfolio's assets.

As a result of the Portfolio's diversified investment approach, performance was determined principally by broad structural trends in the international equity markets, rather than by the behavior of a limited number of stocks. For the period from the Portfolio's inception on August 14, 2008 through October 31, 2008, total returns were –31.88% for the MSCI World ex USA Index and –32.60% for the Portfolio. Relative to the Index, the underperformance of the Portfolio was primarily due to its greater exposure to micro cap stocks. Micro caps, which accounted for approximately 25% of the Portfolio and less than 1% of the Index, underperformed the Index. A smaller allocation by the Portfolio to health care stocks, which comprised approximately 4% of the Portfolio compared to 8% of the Index, also contributed to the Portfolio's underperformance.

Emerging Markets Portfolio

The Emerging Markets Portfolio seeks to capture the returns of large company stocks in selected emerging markets by purchasing shares of a Master Fund investing in such firms. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to large company emerging markets stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Master Fund held approximately 520 stocks in 17 emerging countries, and average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Master Fund's assets.

As a result of the Master Fund's diversified approach, performance was determined principally by broad structural trends in emerging country stock markets, rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, total returns were –52.88% for the MSCI Emerging Markets Index (gross dividends), –53.02% for the MSCI Emerging Markets Index (net dividends), and –48.37% for the Portfolio. The Index net of foreign withholding taxes on dividends does not have ten years of performance. The Portfolio intends to include the Index gross of foreign withholding taxes on dividends for performance comparison purposes until the net-dividends Index has at least ten years of data to report.

a greater allocation to Mexico and Israel, which outperformed the Index. On average, Chinese stocks represented approximately 7% of the Master Fund for the period under review compared to 15% in the Index. The Master Fund does not purchase Russian stocks, which represented approximately 10% of the Index. Israeli stocks represented approximately 4% of the Master Fund, compared to 2% of the Index; while Mexican stocks represented approximately 9% of the Master Fund, compared to 5% of the Index.

Emerging Markets Small Cap Portfolio

The Emerging Markets Small Cap Portfolio seeks to capture the returns of small company stocks in selected emerging markets by purchasing shares of a Master Fund that invests in such stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to emerging markets small company stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Master Fund held approximately 1,840 stocks in 16 emerging countries, and average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Master Fund's assets.

As a result of the Master Fund's diversified investment approach, performance was determined principally by broad structural trends in emerging country stock markets, rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, emerging markets small company stocks generally underperformed emerging markets large company stocks. Total returns were –52.88% for the MSCI Emerging Markets Index (gross dividends), –53.02% for the MSCI Emerging Markets Index (net dividends), and –57.00% for the Portfolio. The Index net of foreign withholding taxes on dividends does not have ten years of performance. The Portfolio intends to include the Index gross of foreign withholding taxes on dividends for performance comparison purposes until the net-dividends Index has at least ten years of data to report.

Relative to the MSCI Emerging Markets Index (net dividends), underperformance of the Portfolio was primarily due to the Master Fund's greater allocation to stocks with lower market capitalizations, which underperformed larger stocks. On average, small cap stocks represented approximately 99% of the Master Fund for the period under review, compared to 22% in the Index. A greater exposure to Indian stocks, which represented approximately 12% of the Master Fund compared to 7% of the Index and underperformed the Index by more than 8 percentage points, also contributed to the Master Fund's underperformance.

Emerging Markets Core Equity Portfolio

The Emerging Markets Core Equity Portfolio seeks to capture the returns of the broad universe of emerging market stocks with increased exposure to smaller company stocks and those stocks with value characteristics as measured by book-to-market ratio. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to stocks in emerging market countries, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Portfolio held approximately 2,520 stocks in 17 emerging countries, and average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Portfolio's assets.

As a result of the Portfolio's diversified investment approach, performance was determined principally by broad structural trends in the international equity markets rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, total returns were –52.88% for the MSCI Emerging Markets Index (gross dividends), –53.02% for the MSCI Emerging Markets Index (net dividends), and –51.93% for the Portfolio. Relative to the MSCI Emerging Markets Index (net dividends), the better performance of the Portfolio was primarily due to a lower allocation by the Portfolio to Chinese stocks and no allocation to Russian stocks, both of which underperformed the Index. On average, Chinese stocks represented approximately 10% of the Portfolio for the period under review compared to 15% in the Index. The Portfolio does not purchase Russian stocks, which represented approximately 10% of the MSCI Emerging Markets Inde x.

Fixed Income Market Review 11 Months Ended October 31, 2008

U.S. and international credit markets experienced extreme levels of volatility in the fiscal year ended October 31, 2008, as defaults in the subprime and related mortgage markets and the subsequent bankruptcy of leading underwriter Lehman Brothers caused credit spreads to widen sharply. Risk aversion caused a severe tightening of credit across all maturities and quality ranges both in the U.S. and international fixed income markets and a spike in interbank lending rates. To encourage lending, the U.S. Federal Reserve lowered the target rate for federal funds from 4.50% on November 30, 2007 to 1.00% by October 31, 2008 and pumped billions of dollars of liquidity into the financial system through various loan programs and capital injections into banks. Central banks around the world took similar actions to loosen credit markets. The three-month London Interbank Offered Rate ("LIBOR"), a widely used benchmark of short-term interest rates, spike d sharply higher late in the period but fell 210 basis points during the 11 months ended October 31, 2008, while the yield on ten-year U.S. Treasury notes rose just 1 basis point. The yield curve, V-shaped to start the year, ended the year with an upward slope as yields on short-term instruments fell below those with longer maturities.

	11/30/07			10/31/08			Change
Three-Month LIBOR (yield)		5.13	%		3.03	%		–41.02	%
Ten-Year U.S. Treasury Notes (yield)		3.94	%		3.95	%		0.30	%

Source: Bloomberg. "Change" values are calculated prior to rounding.

There is generally an inverse relationship between interest rates and bond prices, such that bond prices fall when interest rates rise. For the fiscal year under review, changes in interest rates and bond prices were more pronounced in some parts of the yield curve than others. As a result of an extreme flight to higher-quality debt in the aftermath of the bank and mortgage crisis, total return for fixed income strategies was primarily a function of credit quality. For the 11 months ended October 31, 2008, total returns were 2.24% for three-month U.S. Treasury bills, 7.25% for five-year U.S. Treasury notes, and 5.02% for thirty-year U.S. Treasury bonds.

Some of Dimensional's fixed income strategies are based on a shifting-maturity strategy that identifies the maturity range with the highest risk-adjusted expected return. When the yield curve is flat or inverted, short-term securities are believed to offer the most attractive opportunity on a risk-adjusted basis. When the yield curve is upwardly sloped, maturities are lengthened to achieve higher returns associated with longer maturities. During the period under review, weighted average maturities of most Portfolios lengthened, reflecting upwardly sloped yield curves in the U.S.

Fixed Income Portfolio Performance Overview

DFA One-Year Fixed Income Portfolio

The DFA One-Year Fixed Income Portfolio seeks to maximize risk-adjusted total returns from a universe of high-quality fixed income securities with an average maturity of one year or less by purchasing shares of a Master Fund that invests in these securities. The investment strategy shifts maturities based on changes in the yield curve. Using current prices, the strategy creates a matrix of expected returns from different buy and sell strategies, and identifies the maturity range for the highest risk-adjusted expected returns according to the variable maturity model. Maturities are shifted if premiums can be documented. The average maturity of the Master Fund increased during the 11 months under review, from approximately 30 days on November 30, 2007, to 265 days on October 31, 2008.

For the 11 months ended October 31, 2008, total returns were 2.68% for the Portfolio, 3.34% for the Merrill Lynch Six-Month US Treasury Bill Index, and 3.84% for the Merrill Lynch One-Year US Treasury Note Index. The Portfolio underperformed both Indexes primarily due to the Master Fund's structural differences with the Indexes. The Master Fund had high exposure to corporate and agency debt, which underperformed Treasury debt during the period of significantly widening credit spreads.

DFA Two-Year Global Fixed Income Portfolio

The DFA Two-Year Global Fixed Income Portfolio seeks to maximize risk-adjusted total returns from a universe of U.S. and foreign government securities, high-quality corporate securities, and currency-hedged global fixed income

instruments maturing in two years or less by purchasing shares of a Master Fund that invests in these securities. Eligible countries include but are not limited to Australia, Canada, Denmark, France, Germany, Japan, the Netherlands, Sweden, Switzerland, the United Kingdom, and the United States. The investment strategy shifts maturities based on changes in the yield curve. Using current prices, the strategy creates a matrix of expected returns from different buy and sell strategies, and identifies the maturity range for the highest risk-adjusted expected returns according to the variable maturity model. Maturities are shifted if premiums can be documented. The average maturity of the Master Fund increased from 0.46 years on November 30, 2007 to 0.74 years on October 31, 2008.

For the 11 months ended October 31, 2008, total returns were 2.93% for the Portfolio and 4.38% for the Citigroup World Government Bond Index 1-3 Years (hedged). Relative to the Index, underperformance of the Portfolio was primarily due to the Master Fund's structural and maturity differences with the Index. A higher exposure to corporate debt, which underperformed government debt as credit spreads widened significantly, led to the underperformance relative to the government-only benchmark. The Master Fund had a duration of 0.73 on October 31, 2008 compared to 1.84 years for the Index, which limited returns in the falling interest rate environment.

DFA Selectively Hedged Global Fixed Income Portfolio

The DFA Selectively Hedged Global Fixed Income Portfolio seeks to maximize risk-adjusted total returns from a universe of U.S. and foreign government securities, high-quality corporate securities, and global fixed income instruments maturing in two years or less. It hedges foreign currency exposure on a selective basis to capture the higher interest rate returns that may be offered in foreign yield curves. Eligible countries include but are not limited to Australia, Canada, Denmark, the EMU countries, Japan, Sweden, Switzerland, the United Kingdom, and the United States. The investment strategy shifts maturities based on changes in the yield curve. Using current prices, the strategy creates a matrix of expected returns from different buy and sell strategies, and identifies the maturity range for the highest risk-adjusted expected returns according to the variable maturity model. Maturities are shifted if premiums can be documented. The avera ge maturity of the Portfolio increased from 0.15 years on January 31, 2007 (the first month end following its January 9, 2008 inception) to 0.47 years on October 31, 2008.

For the period from the Portfolio's inception on January 9, 2008 through October 31, 2008, total returns were –10.67% for the DFA Selectively Hedged Global Fixed Income Portfolio, 3.62% for the Citigroup World Government Bond Index 1-3 Years (hedged) and –0.95% for the Citigroup World Government Bond Index 1-3 Years (unhedged). Relative to the Citigroup World Government Bond Index 1-3 Years (hedged) , underperformance of the Portfolio was primarily due to currency movements. The Portfolio had a large allocation to unhedged securities during a period when the U.S. dollar rallied significantly, thus the Portfolio underperformed the fully hedged Index. Relative to the Citigroup World Government Bond Index 1-3 Years (unhedged), the Portfolio had no exposure to the Japanese Yen (a relatively strong currency) and overweight exposures to weaker currencies such as the Australian Dollar and New Zealand Dollar.

DFA Five-Year Government Portfolio

The DFA Five-Year Government Portfolio seeks to maximize risk-adjusted total returns from a universe of U.S. government and government agency securities maturing in five years or less. The investment strategy shifts maturities based on changes in the yield curve. Using current prices, the strategy creates a matrix of expected returns from different buy and sell strategies, and identifies the maturity range for the highest risk-adjusted expected returns according to the variable maturity model. Maturities are shifted if premiums can be documented. The average maturity of the Portfolio increased from 0.05 years on November 30, 2007 to 3.46 years on October 31, 2008.

For the 11 months ended October 31, 2008, total returns were 3.25% for the Portfolio, 4.73% for the Barclays Capital US Government Bond Index Intermediate, and 5.22% for the Merrill Lynch US Treasury/Agency Index 1-5 Years. Relative to both Indexes, underperformance of the Portfolio was due to maturity differences in the first two quarters of the year. At the beginning of the period, the Portfolio had a much shorter duration than each Index, as the yield curve remained inverted and was negatively affected by sharply declining interest rates. The Portfolio duration was significantly extended in February to take advantage of the rising expected term premium and steepening of the yield curve. However, interest rates rose sharply in April and May when the duration of the Portfolio was already longer than that of each

Index. This underperformance more than offset the outperformance of the Portfolio due to higher allocation to Treasury versus agency instruments during the second part of the period, when credit spreads widened significantly.

DFA Five-Year Global Fixed Income Portfolio

The DFA Five-Year Global Fixed Income Portfolio seeks to maximize risk adjusted total returns from a universe of U.S. and foreign government securities, high-quality corporate securities, and currency-hedged global fixed income instruments maturing in five years or less. Eligible countries include but are not limited to Australia, Canada, Denmark, France, Germany, Japan, the Netherlands, Sweden, Switzerland, the United Kingdom, and the United States. The investment strategy shifts maturities based on changes in the yield curve. Using current prices, the strategy creates a matrix of expected returns from different buy and sell strategies, and identifies the maturity range for the highest risk-adjusted expected returns according to the variable maturity model. Maturities are shifted if premiums can be documented. The average maturity of the Portfolio increased from 1.13 years on November 30, 2007 to 2.46 years on October 31, 2008.

For the 11 months ended October 31, 2008, total returns were 1.40% for the Portfolio and 4.73% for the Citigroup World Government Bond Index 1-5 Years (hedged). Relative to the Index, underperformance of the Portfolio was primarily due to structural differences with the Index. A higher exposure to corporate debt, which underperformed government debt as credit spreads widened significantly, led to the underperformance relative to the government-only benchmark.

DFA Intermediate Government Fixed Income Portfolio

The DFA Intermediate Government Fixed Income Portfolio seeks to provide a market rate of return and current income from investing generally in U.S. Treasury and government agency issues with maturities of between five and fifteen years. The investment strategy maintains a relatively constant average maturity. The average maturity of the Portfolio rose slightly, from 6.17 years on November 30, 2007 to 6.37 years on October 31, 2008.

For the 11 months ended October 31, 2008, total returns were 2.73% for the Portfolio and 3.96% for the Barclays Capital U.S. Government Bond Index. Relative to the Index, the Portfolio underperformance was primarily due to structural differences with the Index. The Portfolio had higher exposure to agency debt, which underperformed Treasury debt during the period of widening credit spreads.

DFA Inflation-Protected Securities Portfolio

The DFA Inflation-Protected Securities Portfolio seeks to provide inflation protection and current income from investing generally in inflation-protected securities issued by the US government and its agencies and instrumentalities with maturities of between five and twenty years. The average maturity of the Portfolio fell slightly, from 8.78 years on November 30, 2007 to 8.60 years on October 31, 2008.

For the 11 months ended October 31, 2008, total returns were –7.90% for the Portfolio and –7.77% for the Barclays Capital U.S. TIPS Index. Relative to the Index, underperformance of the Portfolio was primarily due to differences in expenses between the Portfolio and the Index. Results for the Barclays U.S.TIPS Index are not diminished by management and administrative expenses associated with running a live portfolio.

DFA Short-Term Municipal Bond Portfolio

The DFA Short-Term Municipal Bond Portfolio seeks to provide a market rate of return from a universe of higher-quality municipal securities providing current income exempt from federal personal income tax. The weighted average maturity of the Portfolio generally will not exceed three years. The average maturity of the Portfolio increased from 0.31 years on November 30, 2007 to 1.53 years on October 31, 2008.

For the 11 months ended October 31, 2008, total returns were 1.63% for the Portfolio, 3.46% for the Barclays Capital Municipal Bond Index 3 Years, and 3.73% for the Barclays Capital Municipal Bond Index 1 Year. Relative to both Indexes, underperformance of the Portfolio was primarily due to its shorter duration compared to both Indexes for most of the fiscal year. The Portfolio maintained a short duration during the period of falling interest rates on municipal bonds of one to five years in maturity.

DFA California Short-Term Municipal Bond Portfolio

The DFA California Short-Term Municipal Bond Portfolio seeks to provide a market rate of return from a universe of higher-quality municipal securities providing current income exempt from federal personal income taxes and California state personal income taxes. The weighted average maturity of the Portfolio generally will not exceed three years. The average maturity increased from 0.55 years on November 30, 2007 to 2.12 years on October 31, 2008.

For the 11 months ended October 31, 2008, total returns were 1.45% for the Portfolio and 3.73% for the Merrill Lynch California Municipal Bond Index 1-3 Years. Relative to the Index, the Portfolio underperformance was primarily due to shorter duration than the Index. The Portfolio maintained a short duration during the period of falling interest rates on municipal bonds of one to five years in maturity.

Sources: Citigroup bond indexes copyright 2008 by Citigroup. Barclays Capital data, formerly Lehman Brothers, provided by Barclays Bank PLC. The Merrill Lynch Indices are used with permission; copyright 2008 Merrill Lynch, Pierce, Fenner & Smith Incorporated; all rights reserved.

DFA INVESTMENT DIMENSIONS GROUP INC.

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The following Expense Tables are shown so that you can understand the impact of fees on your investment. All mutual funds have operating expenses. As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports, among others. Operating expenses, legal and audit services, which are deducted from a fund's gross income, directly reduce the investment return of the fund. A fund's expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs, in dollars, of investing in the fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.

The Expense Tables below illustrate your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Please note that the expenses shown in the tables are meant to highlight and help you compare ongoing costs only and do not reflect any transactional costs, if applicable. The "Annualized Expense Ratio" represents the actual expenses for the six-month period indicated.

Six Months Ended October 31, 2008

EXPENSE TABLES

U.S. Large Company Portfolio**	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	709.00		0.15	%	$	0.64
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,024.38		0.15	%	$	0.76

Enhanced U.S. Large Company Portfolio**	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	703.60		0.26	%	$	1.11
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.83		0.26	%	$	1.32
U.S. Large Cap Value Portfolio**
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	648.00		0.28	%	$	1.16
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.73		0.28	%	$	1.42
U.S. Targeted Value Portfolio
Actual Fund Return
Class R1 Shares	$	1,000.00	$	739.20		0.50	%	$	2.19
Class R2 Shares****	$	1,000.00	$	786.00		0.66	%	$	2.00
Institutional Class Shares	$	1,000.00	$	739.80		0.40	%	$	1.75
Hypothetical 5% Annual Return
Class R1 Shares	$	1,000.00	$	1,022.62		0.50	%	$	2.54
Class R2 Shares****	$	1,000.00	$	1,021.82		0.66	%	$	3.35
Institutional Class Shares	$	1,000.00	$	1,023.13		0.40	%	$	2.03
U.S. Small Cap Value Portfolio**
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	721.50		0.52	%	$	2.25
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,022.52		0.52	%	$	2.64
U.S. Core Equity 1 Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	708.40		0.21	%	$	0.90
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,024.08		0.21	%	$	1.07
U.S. Core Equity 2 Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	706.10		0.23	%	$	0.99
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.98		0.23	%	$	1.17
U.S. Vector Equity Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	704.20		0.34	%	$	1.46
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.43		0.34	%	$	1.73
T.A. U.S. Core Equity 2 Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	714.70		0.29	%	$	1.25
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.68		0.29	%	$	1.48

U.S. Small Cap Portfolio**	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	745.00		0.37	%	$	1.62
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.28		0.37	%	$	1.88
U.S. Micro Cap Portfolio**
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	750.20		0.52	%	$	2.29
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,022.52		0.52	%	$	2.64
DFA Real Estate Securities Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	642.60		0.33	%	$	1.36
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.48		0.33	%	$	1.68
Large Cap International Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	600.90		0.30	%	$	1.21
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.63		0.30	%	$	1.53
International Core Equity Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	574.80		0.41	%	$	1.62
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.08		0.41	%	$	2.08
T.A. World ex U.S. Core Equity Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	557.80		0.60	%	$	2.35
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,022.12		0.60	%	$	3.05
International Small Company Portfolio***
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	564.60		0.55	%	$	2.16
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,022.37		0.55	%	$	2.80
Japanese Small Company Portfolio**
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	785.30		0.59	%	$	2.65
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,022.17		0.59	%	$	3.00

Asia Pacific Small Company Portfolio**	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	454.10		0.62	%	$	2.27
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,022.02		0.62	%	$	3.15
United Kingdom Small Company Portfolio**
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	540.90		0.59	%	$	2.29
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,022.17		0.59	%	$	3.00
Continental Small Company Portfolio**
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	519.60		0.59	%	$	2.25
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,022.17		0.59	%	$	3.00
DFA International Real Estate Securities Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	515.20		0.45	%	$	1.71
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,022.87		0.45	%	$	2.29
DFA Global Real Estate Securities Portfolio*^;******
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	604.00		0.54	%	$	1.77
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,022.42		0.54	%	$	2.75
DFA International Small Cap Value Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	577.70		0.69	%	$	2.74
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,021.67		0.69	%	$	3.51
International Vector Equity Portfolio****
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	674.00		0.60	%	$	1.08
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,022.12		0.60	%	$	3.05
Emerging Markets Portfolio**
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	530.60		0.60	%	$	2.31
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,022.12		0.60	%	$	3.05

Emerging Markets Small Cap Portfolio**	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	464.60		0.78	%	$	2.87
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,021.22		0.78	%	$	3.96
Emerging Markets Core Equity Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	498.70		0.66	%	$	2.49
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,021.82		0.66	%	$	3.35
DFA One-Year Fixed Income Portfolio**
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	1,012.20		0.18	%	$	0.91
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,024.23		0.18	%	$	0.92
DFA Two-Year Global Fixed Income Portfolio**
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	1,014.00		0.18	%	$	0.91
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,024.23		0.18	%	$	0.92
DFA Selectively Hedged Global Fixed Income Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	874.40		0.24	%	$	1.13
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.93		0.24	%	$	1.22
DFA Five-Year Government Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	1,032.20		0.23	%	$	1.17
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.98		0.23	%	$	1.17
DFA Five-Year Global Fixed Income Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	1,006.40		0.28	%	$	1.41
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.73		0.28	%	$	1.42
DFA Intermediate Government Fixed Income Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	994.80		0.13	%	$	0.65
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,024.48		0.13	%	$	0.66

DFA Inflation-Protected Securites Portfolio	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	891.00		0.15	%	$	0.71
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,024.38		0.15	%	$	0.76
DFA Short-Term Municipal Bond Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	1,005.70		0.23	%	$	1.16
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.98		0.23	%	$	1.17
DFA California Short-Term Municipal Bond Portfolio
Actual Fund Return
Institutional Class Shares	$	1,000.00	$	1,003.30		0.27	%	$	1.36
Hypothetical 5% Annual Return
Institutional Class Shares	$	1,000.00	$	1,023.78		0.27	%	$	1.37

** The Portfolio is a Feeder Fund. The expenses shown reflect the direct expenses of the Feeder Fund and the indirect payment of the Feeder Fund's portion of the expenses of its Master Fund.

*** The Portfolio is a Fund of Funds. The expenses shown reflect the direct expenses of the Fund of Funds and the indirect payment of the Fund of Funds' portion of the expenses of its Master Funds.

**** U.S. Targeted Value Portfolio Class R2 Shares commenced operations on June 30, 2008, DFA Global Real Estate Securities Portfolio commenced operations on June 4, 2008 and International Vector Equity Portfolio commenced operations on August 14, 2008. Expenses are equal to the fund's annualized expense ratio for the period, multiplied by the average account value over the period, multiplied by the number of days since inception (U.S. Targeted Value Portfolio Class R2 Shares 124 days, DFA Global Real Estate Securities Portfolio 150 days and International Vector Equity Portfolio 79 days), then divided by the number of days in the year (366) to reflect the period. The "Ending Account Value" is derived from the fund's share class actual return since inception. The "Hypothetical 5% Annual Return" information reflects the 184 day period for the six-months ended October 31, 2008 to allow for comparability.

DFA INVESTMENT DIMENSIONS GROUP INC.

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

The SEC requires that all Funds file a complete Schedule of Investments with the SEC for their first and third fiscal quarters on Form N-Q. For DFA Investment Dimensions Group Inc., this would be for the fiscal quarters ending January 31 and July 31. The Form N-Q filing must be made within 60 days of the end of the quarter. DFA Investment Dimensions Group Inc. filed its most recent Form N-Q with the SEC on October 30, 2008. It is available upon request, without charge, by calling collect: (310) 395-8005 or by mailing a request to Dimensional Fund Advisors LP, 1299 Ocean Avenue, Santa Monica, California 90401, or by visiting the SEC's website at http://www.sec.gov, or they may be reviewed and copied at the SEC's Public Reference Room in Washington, D.C. (call 1-800-732-0330 for information on the operation of the Public Reference Room).

PORTFOLIO HOLDINGS

The categories of industry classification for the Affiliated Investment Companies are represented in the Disclosure of Portfolio Holdings, which are included elsewhere within the report. Refer to the Schedule of Investments/Summary Schedule of Portfolio Holdings for each of the underlying Master Funds' holdings which reflect the investments by category or country.

FEEDER FUNDS

	Affiliated Investment Companies
U.S. Large Company Portfolio		100.0	%
Enhanced U.S. Large Company Portfolio		100.0	%
U.S. Large Cap Value Portfolio		100.0	%
U.S. Small Cap Value Portfolio		100.0	%
U.S. Small Cap Portfolio		100.0	%
U.S. Micro Cap Portfolio		100.0	%
International Small Company Portfolio		100.0	%
Japanese Small Company Portfolio		100.0	%
Asia Pacific Small Company Portfolio		100.0	%
United Kingdom Small Company Portfolio		100.0	%
Continental Small Company Portfolio		100.0	%
DFA Global Real Estate Securities Portfolio		100.0	%
Emerging Markets Portfolio		100.0	%
Emerging Markets Small Cap Portfolio		100.0	%
DFA One-Year Fixed Income Portfolio		100.0	%
DFA Two-Year Global Fixed Income Portfolio		100.0	%

DISCLOSURE OF PORTFOLIO HOLDINGS

CONTINUED

DOMESTIC AND INTERNATIONAL EQUITY PORTFOLIOS

	Consumer Discretionary			Consumer Staples			Energy			Financials			Health Care			Industrials			Information Technology
U.S. Targeted Value Portfolio		14.4	%		4.6	%		6.5	%		28.3	%		7.1	%		14.7	%		16.7	%
U.S. Core Equity 1 Portfolio		11.5	%		9.4	%		9.9	%		16.9	%		12.7	%		12.8	%		15.2	%
U.S. Core Equity 2 Portfolio		12.5	%		8.6	%		10.4	%		20.3	%		10.6	%		14.0	%		12.2	%
U.S. Vector Equity Portfolio		13.8	%		6.4	%		9.7	%		25.6	%		9.1	%		14.3	%		12.5	%
T.A. U.S. Core Equity 2 Portfolio		13.2	%		6.4	%		11.7	%		17.5	%		10.8	%		15.4	%		13.0	%
DFA Real Estate Securities Portfolio		—			—			—			—			—			—			—
Large Cap International Portfolio		9.5	%		9.7	%		10.2	%		23.6	%		9.3	%		10.8	%		5.1	%
International Core Equity Portfolio		13.6	%		8.0	%		8.5	%		27.2	%		5.0	%		15.5	%		4.9	%
T.A. World ex U.S. Core Equity Portfolio		12.1	%		7.2	%		8.8	%		25.5	%		4.8	%		16.0	%		5.7	%
DFA International Real Estate Securities Portfolio		—			—			—			0.2	%		—			—			—
DFA International Small Cap Value Portfolio		16.6	%		8.8	%		4.0	%		23.2	%		2.7	%		23.4	%		5.8	%
International Vector Equity Portfolio		13.7	%		6.6	%		7.7	%		26.6	%		3.7	%		18.3	%		5.9	%
Emerging Markets Core Equity Portfolio		8.9	%		7.6	%		10.4	%		21.6	%		3.3	%		10.1	%		9.6	%

	Materials			REITs			Telecommunication Services			Utilities			Other			Total
U.S. Targeted Value Portfolio		5.7	%		—			1.2	%		0.1	%		0.7	%		100.0	%
U.S. Core Equity 1 Portfolio		4.6	%		—			2.9	%		4.1	%		—			100.0	%
U.S. Core Equity 2 Portfolio		5.0	%		—			3.6	%		2.8	%		—			100.0	%
U.S. Vector Equity Portfolio		4.7	%		—			2.5	%		1.4	%		—			100.0	%
T.A. U.S. Core Equity 2 Portfolio		5.0	%		—			4.2	%		2.8	%		—			100.0	%
DFA Real Estate Securities Portfolio		—			100.0	%		—			—			—			100.0	%
Large Cap International Portfolio		8.8	%		—			6.1	%		6.9	%		—			100.0	%
International Core Equity Portfolio		10.1	%		—			3.7	%		3.5	%		—			100.0	%
T.A. World ex U.S. Core Equity Portfolio		11.8	%		—			4.1	%		4.0	%		—			100.0	%
DFA International Real Estate Securities Portfolio		—			99.8	%		—			—			—			100.0	%
DFA International Small Cap Value Portfolio		14.6	%		0.2	%		0.2	%		0.4	%		0.1	%		100.0	%
International Vector Equity Portfolio		12.7	%		—			2.7	%		2.1	%		—			100.0	%
Emerging Markets Core Equity Portfolio		14.7	%		—			9.6	%		4.1	%		0.1	%		100.0	%

FIXED INCOME PORTFOLIOS

	Corporate			Government			Foreign Corporate			Foreign Government			Muni Insured
DFA Selectively Hedged Global Fixed Income Portfolio		13.9	%		6.7	%		50.7	%		24.5	%		—
DFA Five-Year Government Portfolio		—			100.0	%		—			—			—
DFA Five-Year Global Fixed Income Portfolio		29.6	%		40.9	%		14.6	%		11.5	%		—
DFA Intermediate Government Fixed Income Portfolio		—			100.0	%		—			—			—
DFA Inflation-Protected Securities Portfolio		—			100.0	%		—			—			—
DFA Short-Term Municipal Bond Portfolio		—			—			—			—			20.1	%
DFA California Short-Term Municipal Bond Portfolio		—			—			—			—			42.1	%

	Muni G.O. Local			Muni G.O. State			Muni Revenue			Supranational			Total
DFA Selectively Hedged Global Fixed Income Portfolio		—			—			—			4.2	%		100.0	%
DFA Five-Year Government Portfolio		—			—			—			—			100.0	%
DFA Five-Year Global Fixed Income Portfolio		—			—			—			3.4	%		100.0	%
DFA Intermediate Government Fixed Income Portfolio		—			—			—			—			100.0	%
DFA Inflation-Protected Securities Portfolio		—			—			—			—			100.0	%
DFA Short-Term Municipal Bond Portfolio		20.4	%		24.3	%		35.2	%		—			100.0	%
DFA California Short-Term Municipal Bond Portfolio		14.9	%		17.0	%		26.0	%		—			100.0	%

DFA INVESTMENT DIMENSIONS GROUP INC.

SCHEDULES OF INVESTMENTS
October 31, 2008

U.S. LARGE COMPANY PORTFOLIO

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The U.S. Large Company Series of The DFA Investment Trust Company	$	2,544,364,144
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $2,882,359,550)	$	2,544,364,144

ENHANCED U.S. LARGE COMPANY PORTFOLIO

	Shares		Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The Enhanced U.S. Large Company Series of The DFA Investment Trust Company		33,170,337	$	200,348,835
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $260,777,271)			$	200,348,835

U.S. LARGE CAP VALUE PORTFOLIO

	Shares		Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The U.S. Large Cap Value Series of The DFA Investment Trust Company		393,166,650	$	5,331,339,774
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $7,153,911,937)			$	5,331,339,774

See accompanying Notes to Financial Statements.

U.S. TARGETED VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (78.8%)
Consumer Discretionary — (11.3%)
Foot Locker, Inc.		200,981	$	2,938,342		0.3	%
# Leggett & Platt, Inc.		149,747		2,599,608		0.3	%
*# Mohawk Industries, Inc.		88,140		4,264,213		0.5	%
* Toll Brothers, Inc.		244,919		5,662,527		0.7	%
Other Securities				106,586,904		12.0	%
Total Consumer Discretionary				122,051,594		13.8	%
Consumer Staples — (3.8%)
Casey's General Stores, Inc.		86,244		2,604,569		0.3	%
* Constellation Brands, Inc. Class A		249,583		3,129,771		0.4	%
Corn Products International, Inc.		109,727		2,668,561		0.3	%
PepsiAmericas, Inc.		160,714		3,042,316		0.3	%
Other Securities				29,134,688		3.3	%
Total Consumer Staples				40,579,905		4.6	%
Energy — (5.0%)
# Cimarex Energy Co.		115,417		4,669,772		0.5	%
Rowan Companies, Inc.		140,833		2,554,711		0.3	%
Tidewater, Inc.		79,728		3,476,938		0.4	%
* Unit Corp.		74,546		2,798,457		0.3	%
Other Securities				40,530,415		4.6	%
Total Energy				54,030,293		6.1	%
Financials — (22.4%)
# American Capital, Ltd.		188,801		2,652,654		0.3	%
American Financial Group, Inc.		165,364		3,758,724		0.4	%
# Associated Banc-Corp.		118,535		2,614,882		0.3	%
Comerica, Inc.		139,100		3,837,769		0.4	%
Fidelity National Financial, Inc.		266,110		2,397,651		0.3	%
First American Corp.		122,304		2,496,225		0.3	%
# First Niagara Financial Group, Inc.		172,435		2,719,300		0.3	%
FirstMerit Corp.		105,428		2,458,581		0.3	%
Hanover Insurance Group, Inc.		78,550		3,083,087		0.4	%
HCC Insurance Holdings, Inc.		150,975		3,330,508		0.4	%
# National Penn Bancshares, Inc.		172,975		2,930,196		0.3	%
# NewAlliance Bancshares, Inc.		215,412		2,972,686		0.3	%
Odyssey Re Holdings Corp.		88,247		3,480,462		0.4	%
Old Republic International Corp.		303,792		2,797,924		0.3	%
Prosperity Bancshares, Inc.		95,483		3,170,990		0.4	%
*# Reinsurance Group of America, Inc. Class A		73,713		2,752,443		0.3	%
# Synovus Financial Corp.		439,500		4,540,035		0.5	%
Transatlantic Holdings, Inc.		79,194		3,393,463		0.4	%
Trustmark Corp.		124,506		2,554,863		0.3	%
W. R. Berkley Corp.		174,315		4,579,255		0.5	%
# Zions Bancorporation		99,983		3,810,352		0.4	%
Other Securities				175,934,780		19.9	%
Total Financials				242,266,830		27.4	%
Health Care — (5.9%)
* King Pharmaceuticals, Inc.		386,181		3,394,531		0.4	%
Omnicare, Inc.		177,137		4,883,667		0.6	%
Other Securities				54,891,124		6.2	%
Total Health Care				63,169,322		7.2	%

U.S. TARGETED VALUE PORTFOLIO

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Industrials — (11.3%)
IKON Office Solutions, Inc.		165,200	$	2,846,396		0.3	%
Ryder System, Inc.		88,461		3,504,825		0.4	%
Other Securities				115,854,005		13.1	%
Total Industrials				122,205,226		13.8	%
Information Technology — (13.3%)
* Arrow Electronics, Inc.		173,349		3,024,940		0.4	%
* Avnet, Inc.		216,911		3,631,090		0.4	%
Fidelity National Information Services, Inc.		269,900		4,072,791		0.5	%
* Ingram Micro, Inc.		252,180		3,361,559		0.4	%
* Integrated Device Technology, Inc.		385,805		2,453,720		0.3	%
Intersil Corp.		193,627		2,650,754		0.3	%
Jabil Circuit, Inc.		311,612		2,620,657		0.3	%
* Micron Technology, Inc.		533,700		2,513,727		0.3	%
Other Securities				119,483,192		13.4	%
Total Information Technology				143,812,430		16.3	%
Materials — (4.8%)
Lubrizol Corp.		67,185		2,524,812		0.3	%
MeadWestavco Corp.		264,464		3,710,430		0.4	%
The Valspar Corp.		123,568		2,526,966		0.3	%
Other Securities				43,042,736		4.9	%
Total Materials				51,804,944		5.9	%
Telecommunication Services — (1.0%)
CenturyTel, Inc.		156,983		3,941,843		0.5	%
Other Securities				6,502,405		0.7	%
Total Telecommunication Services				10,444,248		1.2	%
Utilities — (0.0%)
Total Utilities				390,432		0.1	%
TOTAL COMMON STOCKS				850,755,224		96.4	%
EXCHANGE-TRADED FUND — (0.5%)
iShares Russell 2000 Value Index Fund		100,000		5,272,000		0.6	%
RIGHTS/WARRANTS — (0.0%)
TOTAL RIGHTS/WARRANTS				1,566		0.0	%
TEMPORARY CASH INVESTMENTS — (1.4%)
BlackRock Liquidity Funds Tempcash Portfolio-Institutional Shares		10,542,691		10,542,691		1.2	%
	Face Amount
	(000)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $5,680,000 FNMA 4.50%, 10/01/35, valued at $4,270,602) to be repurchased at $4,205,329	$	4,205		4,205,000		0.5	%
TOTAL TEMPORARY CASH INVESTMENTS				14,747,691		1.7	%

U.S. TARGETED VALUE PORTFOLIO

CONTINUED

	Shares		Value†		Percentage of Net Assets**
SECURITIES LENDING COLLATERAL — (19.3%)
§@ DFA Short Term Investment Fund LP		191,509,364	$	191,509,364		21.7	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securitites 0.24%, 11/03/08 (Collateralized by $21,984,204 FNMA, rates ranging from 5.000% to 7.500%, maturities ranging from 04/01/21 to 04/01/38 & U.S. Treasury STRIP 4.620%(y), 02/15/17, valued at $17,684,779) to be repurchased at $17,215,719	$	17,215		17,215,376		1.9	%
TOTAL SECURITIES LENDING COLLATERAL				208,724,740		23.6	%
TOTAL INVESTMENTS — (100.0%) (Cost $1,422,350,932)			$	1,079,501,221		122.3	%

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

SCHEDULE OF INVESTMENTS
October 31, 2008

U.S. SMALL CAP VALUE PORTFOLIO

	Shares		Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The U.S. Small Cap Value Series of The DFA Investment Trust Company		443,285,380	$	5,505,604,420
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $7,888,262,917)			$	5,505,604,420

See accompanying Notes to Financial Statements.

U.S. CORE EQUITY 1 PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (82.5%)
Consumer Discretionary — (9.7%)
Comcast Corp. Class A		225,473	$	3,553,454		0.3	%
Disney (Walt) Co.		231,700		6,001,030		0.5	%
McDonald's Corp.		93,280		5,403,710		0.4	%
Time Warner, Inc.		441,219		4,451,900		0.4	%
Other Securities				133,727,081		10.0	%
Total Consumer Discretionary				153,137,175		11.6	%
Consumer Staples — (7.7%)
Coca-Cola Co.		178,024		7,843,737		0.6	%
CVS Caremark Corp.		178,250		5,463,362		0.4	%
Kraft Foods, Inc.		202,630		5,904,638		0.5	%
PepsiCo, Inc.		131,460		7,494,535		0.6	%
Philip Morris International, Inc.		101,420		4,408,727		0.3	%
Procter & Gamble Co.		240,632		15,530,389		1.2	%
Wal-Mart Stores, Inc.		252,348		14,083,542		1.1	%
Other Securities				61,451,738		4.6	%
Total Consumer Staples				122,180,668		9.3	%
Energy — (8.1%)
Apache Corp.		46,356		3,816,489		0.3	%
Chevron Corp.		250,560		18,691,776		1.4	%
ConocoPhillips		184,185		9,581,304		0.7	%
Devon Energy Corp.		61,200		4,948,632		0.4	%
Exxon Mobil Corp.		351,494		26,052,735		2.0	%
Occidental Petroleum Corp.		64,024		3,555,893		0.3	%
Other Securities				61,071,209		4.6	%
Total Energy				127,718,038		9.7	%
Financials — (14.0%)
Bank of America Corp.		485,245		11,728,372		0.9	%
Bank of New York Mellon Corp.		137,358		4,477,871		0.4	%
JPMorgan Chase & Co.		557,133		22,981,736		1.8	%
The Goldman Sachs Group, Inc.		50,853		4,703,903		0.4	%
U.S. Bancorp		167,665		4,998,094		0.4	%
Wells Fargo & Co.		359,335		12,235,357		0.9	%
Other Securities				161,364,819		12.0	%
Total Financials				222,490,152		16.8	%
Health Care — (10.5%)
Abbott Laboratories		108,855		6,003,353		0.5	%
* Amgen, Inc.		101,485		6,077,937		0.5	%
Bristol-Myers Squibb Co.		192,708		3,960,149		0.3	%
Eli Lilly & Co.		109,044		3,687,868		0.3	%
* Genentech, Inc.		67,348		5,585,843		0.4	%
Johnson & Johnson		218,766		13,419,106		1.0	%
Medtronic, Inc.		87,072		3,511,614		0.3	%
Merck & Co., Inc.		209,268		6,476,845		0.5	%
Pfizer, Inc.		783,318		13,872,562		1.1	%
Other Securities				103,572,946		7.7	%
Total Health Care				166,168,223		12.6	%

U.S. CORE EQUITY 1 PORTFOLIO

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Industrials — (10.6%)
3M Co.		59,135	$	3,802,381		0.3	%
Boeing Co.		71,388		3,731,451		0.3	%
Burlington Northern Santa Fe Corp.		45,345		4,038,426		0.3	%
General Electric Co.		629,008		12,271,946		0.9	%
Union Pacific Corp.		70,320		4,695,266		0.4	%
United Parcel Service, Inc.		66,937		3,532,935		0.3	%
United Technologies Corp.		76,735		4,217,356		0.3	%
Other Securities				131,051,532		9.9	%
Total Industrials				167,341,293		12.7	%
Information Technology — (12.3%)
* Apple, Inc.		87,024		9,362,912		0.7	%
* Cisco Sytems, Inc.		567,434		10,083,302		0.8	%
* Google, Inc.		23,084		8,295,466		0.6	%
Hewlett-Packard Co.		190,999		7,311,442		0.6	%
Intel Corp.		489,356		7,829,696		0.6	%
International Business Machines Corp.		104,430		9,708,857		0.8	%
Microsoft Corp.		702,700		15,691,291		1.2	%
* Oracle Corp.		421,735		7,713,533		0.6	%
QUALCOMM, Inc.		122,323		4,680,078		0.4	%
Other Securities				115,169,634		8.5	%
Total Information Technology				195,846,211		14.8	%
Materials — (3.8%)
Total Materials				60,697,020		4.6	%
Other — (0.0%)
Total Other				351		0.0	%
Telecommunication Services — (2.4%)
AT&T, Inc.		614,512		16,450,486		1.3	%
Verizon Communications, Inc.		374,011		11,096,906		0.9	%
Other Securities				11,180,287		0.7	%
Total Telecommunication Services				38,727,679		2.9	%
Utilities — (3.4%)
Total Utilities				54,493,355		4.1	%
TOTAL COMMON STOCKS				1,308,800,165		99.1	%
RIGHTS/WARRANTS — (0.0%)
TOTAL RIGHTS/WARRANTS				1,008		0.0	%
TEMPORARY CASH INVESTMENTS — (1.9%)
BlackRock Liquidity Funds Tempcash Portfolio-Institutional Shares		24,034,464		24,034,464		1.8	%
	Face Amount
	(000)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $8,735,000 FNMA 6.50%, 08/01/36, valued at $6,514,899) to be repurchased at $6,415,503	$	6,415		6,415,000		0.5	%
TOTAL TEMPORARY CASH INVESTMENTS				30,449,464		2.3	%

U.S. CORE EQUITY 1 PORTFOLIO

CONTINUED

	Shares		Value†		Percentage of Net Assets**
SECURITIES LENDING COLLATERAL — (15.6%)
§@ DFA Short Term Investment Fund LP		226,901,386	$	226,901,386		17.2	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securitites 0.24%, 11/03/08 (Collateralized by $21,187,234 FNMA, 7.000%, maturities ranging from 02/01/38 to 09/01/38 & U.S. Treasury STRIP 0.539%(y), 05/15/09, valued at $21,027,361) to be repurchased at $20,469,370	$	20,469		20,468,962		1.5	%
TOTAL SECURITIES LENDING COLLATERAL				247,370,348		18.7	%
TOTAL INVESTMENTS — (100.0%) (Cost $2,069,274,721)			$	1,586,620,985		120.1	%

See accompanying Notes to Financial Statements.

U.S. CORE EQUITY 2 PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (82.7%)
Consumer Discretionary — (10.5%)
Comcast Corp. Class A		561,542	$	8,849,902		0.4	%
Disney (Walt) Co.		627,312		16,247,381		0.7	%
Home Depot, Inc.		252,200		5,949,398		0.3	%
# Lowe's Companies, Inc.		409,000		8,875,300		0.4	%
Time Warner, Inc.		1,103,320		11,132,499		0.5	%
Other Securities				261,456,076		10.2	%
Total Consumer Discretionary				312,510,556		12.5	%
Consumer Staples — (7.1%)
Altria Group, Inc.		409,900		7,865,981		0.3	%
Coca-Cola Co.		145,713		6,420,115		0.3	%
CVS Caremark Corp.		476,985		14,619,590		0.6	%
Kraft Foods, Inc.		456,138		13,291,861		0.5	%
Philip Morris International, Inc.		130,500		5,672,835		0.2	%
Procter & Gamble Co.		571,788		36,903,198		1.5	%
Wal-Mart Stores, Inc.		404,300		22,563,983		0.9	%
Other Securities				105,265,480		4.2	%
Total Consumer Staples				212,603,043		8.5	%
Energy — (8.4%)
Apache Corp.		79,063		6,509,257		0.3	%
Chevron Corp.		594,814		44,373,124		1.8	%
ConocoPhillips		467,578		24,323,408		1.0	%
Devon Energy Corp.		137,600		11,126,336		0.5	%
Exxon Mobil Corp.		403,184		29,883,998		1.2	%
Marathon Oil Corp.		200,388		5,831,291		0.2	%
Occidental Petroleum Corp.		157,660		8,756,436		0.4	%
Other Securities				120,660,868		4.6	%
Total Energy				251,464,718		10.0	%
Financials — (16.9%)
Bank of America Corp.		1,303,336		31,501,631		1.3	%
Bank of New York Mellon Corp.		328,970		10,724,422		0.4	%
# BB&T Corp.		183,469		6,577,364		0.3	%
Chubb Corp.		111,344		5,769,846		0.2	%
# Citigroup, Inc.		795,672		10,860,923		0.4	%
JPMorgan Chase & Co.		1,242,660		51,259,725		2.1	%
MetLife, Inc.		184,484		6,128,558		0.3	%
PNC Financial Services Group, Inc.		104,703		6,980,549		0.3	%
The Goldman Sachs Group, Inc.		119,024		11,009,720		0.5	%
The Travelers Companies, Inc.		177,178		7,538,924		0.3	%
Wells Fargo & Co.		852,801		29,037,874		1.2	%
Other Securities				324,558,109		12.8	%
Total Financials				501,947,645		20.1	%
Health Care — (8.8%)
Johnson & Johnson		142,350		8,731,749		0.4	%
Pfizer, Inc.		1,930,512		34,189,368		1.4	%
* WellPoint, Inc.		164,028		6,375,768		0.3	%
Other Securities				212,260,096		8.3	%
Total Health Care				261,556,981		10.4	%

U.S. CORE EQUITY 2 PORTFOLIO

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Industrials — (11.5%)
Burlington Northern Santa Fe Corp.		115,466	$	10,283,402		0.4	%
CSX Corp.		136,600		6,245,352		0.3	%
FedEx Corp.		98,823		6,460,060		0.3	%
General Electric Co.		2,250,267		43,902,709		1.8	%
Norfolk Southern Corp.		125,758		7,537,935		0.3	%
Raytheon Co.		116,144		5,936,120		0.3	%
Union Pacific Corp.		170,600		11,390,962		0.5	%
United Technologies Corp.		110,124		6,052,415		0.3	%
Other Securities				244,065,721		9.5	%
Total Industrials				341,874,676		13.7	%
Information Technology — (10.0%)
* Cisco Sytems, Inc.		332,162		5,902,519		0.3	%
* EMC Corp.		489,850		5,770,433		0.2	%
Hewlett-Packard Co.		213,714		8,180,972		0.3	%
Intel Corp.		458,292		7,332,672		0.3	%
International Business Machines Corp.		77,144		7,172,078		0.3	%
Microsoft Corp.		526,939		11,766,548		0.5	%
Other Securities				253,046,723		10.1	%
Total Information Technology				299,171,945		12.0	%
Materials — (4.2%)
Dow Chemical Co.		309,988		8,267,380		0.3	%
Other Securities				115,890,083		4.7	%
Total Materials				124,157,463		5.0	%
Other — (0.0%)
Total Other				531		0.0	%
Telecommunication Services — (2.9%)
AT&T, Inc.		1,399,392		37,461,724		1.5	%
Verizon Communications, Inc.		927,164		27,508,956		1.1	%
Other Securities				22,747,101		0.9	%
Total Telecommunication Services				87,717,781		3.5	%
Utilities — (2.4%)
Total Utilities				70,985,858		2.8	%
TOTAL COMMON STOCKS				2,463,991,197		98.5	%
RIGHTS/WARRANTS — (0.0%)
TOTAL RIGHTS/WARRANTS				2,881		0.0	%
TEMPORARY CASH INVESTMENTS — (1.7%)
BlackRock Liquidity Funds Tempcash Portfolio-Institutional Shares		39,057,782		39,057,782		1.6	%
	Face Amount
	(000)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $18,325,000 FNMA 6.50%, 11/01/36, valued at $12,299,695) to be repurchased at $12,116,949	$	12,116		12,116,000		0.5	%
TOTAL TEMPORARY CASH INVESTMENTS				51,173,782		2.1	%

U.S. CORE EQUITY 2 PORTFOLIO

CONTINUED

	Shares		Value†		Percentage of Net Assets**
SECURITIES LENDING COLLATERAL — (15.6%)
§@ DFA Short Term Investment Fund LP		424,648,738	$	424,648,738		17.0	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securities 0.24%, 11/03/08 (Collateralized by $89,440,377 FNMA, rates ranging from 4.000% to 7.000%, maturities ranging from 07/01/13 to 09/01/38 & U.S. Treasury STRIP 3.255%(y), 11/15/14, valued at $39,378,458) to be repurchased at $38,333,129	$	38,332		38,332,365		1.5	%
TOTAL SECURITIES LENDING COLLATERAL				462,981,103		18.5	%
TOTAL INVESTMENTS — (100.0%) (Cost $4,015,165,938)			$	2,978,148,963		119.1	%

See accompanying Notes to Financial Statements.

U.S. VECTOR EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (81.2%)
Consumer Discretionary — (11.3%)
Comcast Corp. Class A		191,618	$	3,019,900		0.4	%
Disney (Walt) Co.		86,800		2,248,120		0.3	%
Fortune Brands, Inc.		65,022		2,479,939		0.3	%
# Leggett & Platt, Inc.		124,300		2,157,848		0.3	%
Macy's, Inc.		192,090		2,360,786		0.3	%
# Pulte Homes, Inc.		215,650		2,402,341		0.3	%
*# Sears Holdings Corp.		47,129		2,721,228		0.3	%
Time Warner, Inc.		400,981		4,045,898		0.5	%
* Toll Brothers, Inc.		100,300		2,318,936		0.3	%
Other Securities				93,073,223		10.7	%
Total Consumer Discretionary				116,828,219		13.7	%
Consumer Staples — (5.2%)
CVS Caremark Corp.		87,809		2,691,346		0.3	%
Kraft Foods, Inc.		111,928		3,261,582		0.4	%
Molson Coors Brewing Co.		69,336		2,590,393		0.3	%
Philip Morris International, Inc.		46,200		2,008,314		0.2	%
Procter & Gamble Co.		74,000		4,775,960		0.6	%
Wal-Mart Stores, Inc.		42,300		2,360,763		0.3	%
Other Securities				36,529,357		4.3	%
Total Consumer Staples				54,217,715		6.4	%
Energy — (7.7%)
Chevron Corp.		95,200		7,101,920		0.8	%
# Cimarex Energy Co.		51,000		2,063,460		0.3	%
ConocoPhillips		153,600		7,990,272		1.0	%
Devon Energy Corp.		37,100		2,999,906		0.4	%
Exxon Mobil Corp.		66,600		4,936,392		0.6	%
Other Securities				54,303,996		6.2	%
Total Energy				79,395,946		9.3	%
Financials — (20.8%)
American Financial Group, Inc.		93,949		2,135,461		0.3	%
Bank of America Corp.		402,170		9,720,449		1.2	%
Chubb Corp.		45,208		2,342,679		0.3	%
Comerica, Inc.		70,829		1,954,172		0.2	%
Discover Financial Services		218,650		2,678,462		0.3	%
Hanover Insurance Group, Inc.		49,548		1,944,759		0.2	%
HCC Insurance Holdings, Inc.		93,600		2,064,816		0.3	%
JPMorgan Chase & Co.		335,981		13,859,216		1.6	%
# M&T Bank Corp.		34,200		2,773,620		0.3	%
# Marshall & Ilsley Corp.		120,880		2,179,466		0.3	%
MetLife, Inc.		67,240		2,233,713		0.3	%
*# Reinsurance Group of America, Inc. Class A		50,772		1,895,826		0.2	%
The Travelers Companies, Inc.		73,100		3,110,405		0.4	%
Unum Group		161,075		2,536,931		0.3	%
W. R. Berkley Corp.		76,900		2,020,163		0.3	%
Wells Fargo & Co.		144,829		4,931,427		0.6	%
Other Securities				156,591,684		18.2	%
Total Financials				214,973,249		25.3	%

U.S. VECTOR EQUITY PORTFOLIO

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Health Care — (7.4%)
* King Pharmaceuticals, Inc.		239,100	$	2,101,689		0.3	%
Omnicare, Inc.		75,400		2,078,778		0.3	%
Pfizer, Inc.		309,722		5,485,177		0.7	%
Other Securities				67,087,683		7.7	%
Total Health Care				76,753,327		9.0	%
Industrials — (11.5%)
*# Delta Air Lines, Inc.		197,928		2,173,249		0.3	%
General Electric Co.		267,064		5,210,419		0.6	%
Norfolk Southern Corp.		32,700		1,960,038		0.2	%
Southwest Airlines Co.		334,016		3,934,708		0.5	%
Union Pacific Corp.		51,400		3,431,978		0.4	%
Other Securities				102,637,494		12.0	%
Total Industrials				119,347,886		14.0	%
Information Technology — (10.2%)
* Computer Sciences Corp.		75,645		2,281,453		0.3	%
* Ingram Micro, Inc.		146,989		1,959,363		0.2	%
Xerox Corp.		341,520		2,738,990		0.3	%
Other Securities				98,123,501		11.6	%
Total Information Technology				105,103,307		12.4	%
Materials — (3.9%)
International Paper Co.		135,900		2,340,198		0.3	%
Other Securities				38,305,203		4.5	%
Total Materials				40,645,401		4.8	%
Other — (0.0%)
Total Other				4,587		0.0	%
Telecommunication Services — (2.0%)
AT&T, Inc.		270,720		7,247,174		0.9	%
Verizon Communications, Inc.		150,079		4,452,844		0.5	%
Other Securities				8,714,314		1.0	%
Total Telecommunication Services				20,414,332		2.4	%
Utilities — (1.2%)
Total Utilities				12,102,730		1.4	%
TOTAL COMMON STOCKS				839,786,699		98.7	%
RIGHTS/WARRANTS — (0.0%)
TOTAL RIGHTS/WARRANTS				741		0.0	%
TEMPORARY CASH INVESTMENTS — (1.1%)
BlackRock Liquidity Funds Tempcash Portfolio-Institutional Shares		7,273,369		7,273,369		0.9	%
	Face Amount
	(000)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $6,075,000 FNMA 6.50%, 09/01/36, valued at $4,160,073) to be repurchased at $4,097,321	$	4,097		4,097,000		0.5	%
TOTAL TEMPORARY CASH INVESTMENTS				11,370,369		1.4	%

U.S. VECTOR EQUITY PORTFOLIO

CONTINUED

	Shares		Value†		Percentage of Net Assets**
SECURITIES LENDING COLLATERAL — (17.7%)
§@ DFA Short Term Investment Fund LP		167,844,450	$	167,844,450		19.7	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securities 0.24%, 11/03/08 (Collateralized by $15,821,273 FNMA 7.000%, maturities ranging from 10/01/37 to 08/01/38 & U.S. Treasury STRIP 1.573%(y), 05/15/11, valued at $15,553,185) to be repurchased at $15,140,683	$	15,140		15,140,381		1.8	%
TOTAL SECURITIES LENDING COLLATERAL				182,984,831		21.5	%
TOTAL INVESTMENTS — (100.0%) (Cost $1,440,038,705)			$	1,034,142,640		121.6	%

See accompanying Notes to Financial Statements.

T.A. U.S. CORE EQUITY 2 PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (87.3%)
Consumer Discretionary — (11.6%)
# Carnival Corp.		62,000	$	1,574,800		0.3	%
Comcast Corp. Class A		136,640		2,153,446		0.4	%
Disney (Walt) Co.		184,592		4,780,933		0.8	%
*# Sears Holdings Corp.		25,050		1,446,387		0.3	%
Time Warner, Inc.		272,900		2,753,561		0.5	%
Other Securities				62,907,602		10.6	%
Total Consumer Discretionary				75,616,729		12.9	%
Consumer Staples — (5.6%)
CVS Caremark Corp.		51,200		1,569,280		0.3	%
Kraft Foods, Inc.		145,760		4,247,446		0.7	%
Philip Morris International, Inc.		33,900		1,473,633		0.3	%
Procter & Gamble Co.		50,396		3,252,558		0.6	%
Reynolds American, Inc.		28,800		1,410,048		0.3	%
Other Securities				24,423,803		4.0	%
Total Consumer Staples				36,376,768		6.2	%
Energy — (10.0%)
Apache Corp.		22,600		1,860,658		0.3	%
Chevron Corp.		148,511		11,078,921		1.9	%
ConocoPhillips		146,430		7,617,289		1.3	%
Devon Energy Corp.		35,400		2,862,444		0.5	%
Exxon Mobil Corp.		141,724		10,504,583		1.8	%
Hess Corp.		27,700		1,667,817		0.3	%
Marathon Oil Corp.		68,000		1,978,800		0.3	%
Other Securities				27,686,448		4.7	%
Total Energy				65,256,960		11.1	%
Financials — (15.4%)
Bank of America Corp.		238,944		5,775,276		1.0	%
Bank of New York Mellon Corp.		70,350		2,293,410		0.4	%
# BB&T Corp.		48,740		1,747,329		0.3	%
Chubb Corp.		29,760		1,542,163		0.3	%
Citigroup, Inc.		116,200		1,586,130		0.3	%
JPMorgan Chase & Co.		137,236		5,660,985		1.0	%
MetLife, Inc.		52,634		1,748,501		0.3	%
PNC Financial Services Group, Inc.		33,700		2,246,779		0.4	%
State Street Corp.		31,200		1,352,520		0.2	%
The Goldman Sachs Group, Inc.		32,210		2,979,425		0.5	%
The Travelers Companies, Inc.		41,600		1,770,080		0.3	%
Wells Fargo & Co.		163,900		5,580,795		1.0	%
Other Securities				65,547,195		11.1	%
Total Financials				99,830,588		17.1	%
Health Care — (9.3%)
* Amgen, Inc.		25,205		1,509,527		0.3	%
Johnson & Johnson		43,375		2,660,623		0.5	%
Pfizer, Inc.		361,965		6,410,400		1.1	%
* WellPoint, Inc.		48,400		1,881,308		0.3	%
Other Securities				48,245,641		8.2	%
Total Health Care				60,707,499		10.4	%

T.A. U.S. CORE EQUITY 2 PORTFOLIO

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Industrials — (13.4%)
Burlington Northern Santa Fe Corp.		34,200	$	3,045,852		0.5	%
CSX Corp.		40,100		1,833,372		0.3	%
FedEx Corp.		24,600		1,608,102		0.3	%
General Electric Co.		635,490		12,398,410		2.1	%
Norfolk Southern Corp.		36,900		2,211,786		0.4	%
Northrop Grumman Corp.		28,200		1,322,298		0.2	%
Raytheon Co.		37,400		1,911,514		0.3	%
Union Pacific Corp.		50,100		3,345,177		0.6	%
Other Securities				59,400,897		10.2	%
Total Industrials				87,077,408		14.9	%
Information Technology — (11.3%)
* Google, Inc.		6,800		2,443,648		0.4	%
Hewlett-Packard Co.		119,380		4,569,866		0.8	%
International Business Machines Corp.		26,866		2,497,732		0.4	%
Microsoft Corp.		85,150		1,901,400		0.3	%
Xerox Corp.		171,643		1,376,577		0.3	%
Other Securities				60,392,005		10.3	%
Total Information Technology				73,181,228		12.5	%
Materials — (4.5%)
Dow Chemical Co.		91,700		2,445,639		0.4	%
International Paper Co.		87,800		1,511,916		0.3	%
Other Securities				25,286,329		4.3	%
Total Materials				29,243,884		5.0	%
Telecommunication Services — (3.7%)
AT&T, Inc.		419,352		11,226,053		1.9	%
Verizon Communications, Inc.		234,539		6,958,772		1.2	%
Other Securities				5,647,926		1.0	%
Total Telecommunication Services				23,832,751		4.1	%
Utilities — (2.5%)
Total Utilities				16,034,284		2.7	%
TOTAL COMMON STOCKS				567,158,099		96.9	%
TEMPORARY CASH INVESTMENTS — (4.4%)
BlackRock Liquidity Funds Tempcash Portfolio-Institutional Shares		25,606,781		25,606,781		4.4	%
	Face Amount
	(000)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $2,955,000 FHLMC 4.50%, 05/01/23, valued at $2,810,944) to be repurchased at $2,769,217	$	2,769		2,769,000		0.5	%
TOTAL TEMPORARY CASH INVESTMENTS				28,375,781		4.9	%

T.A. U.S. CORE EQUITY 2 PORTFOLIO

CONTINUED

	Shares		Value†		Percentage of Net Assets**
SECURITIES LENDING COLLATERAL — (8.3%)
§@ DFA Short Term Investment Fund LP		49,612,774	$	49,612,774		8.5	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securitites 0.24%, 11/03/08 (Collateralized by $16,519,401 FNMA, 4.056%(r), 09/01/44 & 5.062%(r), 04/01/35, valued at $4,438,280) to be repurchased at $4,309,096	$	4,309		4,309,010		0.7	%
TOTAL SECURITIES LENDING COLLATERAL				53,921,784		9.2	%
TOTAL INVESTMENTS — (100.0%) (Cost $830,460,510)			$	649,455,664		111.0	%

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

SCHEDULES OF INVESTMENTS
October 31, 2008

U.S. SMALL CAP PORTFOLIO

	Shares		Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The U.S. Small Cap Series of The DFA Investment Trust Company		200,917,016	$	2,067,436,095
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $2,660,195,176)			$	2,067,436,095

U.S. MICRO CAP PORTFOLIO

	Shares		Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The U.S. Micro Cap Series of The DFA Investment Trust Company		440,564,264	$	2,925,346,713
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $3,771,170,089)			$	2,925,346,713

See accompanying Notes to Financial Statements.

DFA REAL ESTATE SECURITIES PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (77.2%)
Real Estate Investment Trusts — (77.2%)
# Alexander's, Inc.		53,600	$	18,760,000		1.1	%
# Alexandria Real Estate Equities, Inc.		285,850		19,872,292		1.1	%
# AMB Property Corp.		890,665		21,402,680		1.2	%
# American Campus Communites, Inc.		524,073		13,615,417		0.8	%
Apartment Investment & Management Co. Class A		845,777		12,373,718		0.7	%
# AvalonBay Communities, Inc.		694,491		49,322,751		2.8	%
# BioMed Realty Trust, Inc.		640,052		8,992,731		0.5	%
# Boston Properties, Inc.		1,081,264		76,639,992		4.4	%
# BRE Properties, Inc. Class A		455,615		15,859,958		0.9	%
# Camden Property Trust		474,409		15,992,327		0.9	%
# Commercial Net Lease Realty		694,904		12,390,138		0.7	%
# Corporate Office Properties Trust		468,215		14,556,804		0.8	%
# Developers Diversified Realty Corp.		1,109,894		14,617,304		0.8	%
# Digital Realty Trust, Inc.		651,017		21,796,049		1.3	%
# Douglas Emmett, Inc.		1,094,588		16,528,279		1.0	%
# Duke Realty Corp.		1,360,836		19,201,396		1.1	%
# Entertainment Properties Trust		293,279		10,983,299		0.6	%
# Equity Lifestyle Properties, Inc.		219,957		9,235,994		0.5	%
# Equity One, Inc.		688,376		12,025,929		0.7	%
# Equity Residential		2,448,939		85,541,439		4.9	%
# Essex Property Trust, Inc.		232,700		22,641,710		1.3	%
# Federal Realty Investment Trust		525,752		32,212,825		1.8	%
# General Growth Properties, Inc.		2,436,909		10,088,803		0.6	%
# HCP, Inc.		1,984,351		59,391,625		3.4	%
# Health Care REIT, Inc.		1,205,343		53,649,817		3.1	%
# Healthcare Realty Trust, Inc.		599,336		15,313,035		0.9	%
# Highwood Properties, Inc.		713,956		17,720,388		1.0	%
# Home Properties, Inc.		284,870		11,534,386		0.7	%
# Host Marriott Corp.		4,841,068		50,056,643		2.9	%
# Kilroy Realty Corp.		291,393		9,368,285		0.5	%
# Kimco Realty Corp.		2,403,470		54,270,353		3.1	%
# Liberty Property Trust		842,753		20,099,659		1.2	%
# Mack-Cali Realty Corp.		590,631		13,419,136		0.8	%
# Nationwide Health Properties, Inc.		878,024		26,200,236		1.5	%
# Omega Healthcare Investors, Inc.		799,148		12,043,160		0.7	%
# ProLogis		2,407,390		33,703,460		1.9	%
# Public Storage		1,530,366		124,724,829		7.1	%
# Realty Income Corp.		942,948		21,800,958		1.3	%
# Regency Centers Corp.		635,182		25,064,282		1.4	%
Senior Housing Properties Trust		1,037,630		19,891,367		1.1	%
# Simon Property Group, Inc.		2,039,432		136,703,127		7.8	%
# SL Green Realty Corp.		528,009		22,197,498		1.3	%
# Tanger Factory Outlet Centers, Inc.		282,200		10,207,174		0.6	%
# Taubman Centers, Inc.		472,061		15,681,866		0.9	%
# The Macerich Co.		672,166		19,775,124		1.1	%
# UDR, Inc.		1,171,872		23,156,191		1.3	%
# Ventas, Inc.		1,269,328		45,771,968		2.6	%
# Vornado Realty Trust		1,397,280		98,578,104		5.6	%
# Washington REIT		465,224		13,947,416		0.8	%
# Weingarten Realty Investors		760,057		15,543,166		0.9	%
Other Securities				200,320,334		11.6	%
TOTAL COMMON STOCKS				1,704,785,422		97.6	%

DFA REAL ESTATE SECURITIES PORTFOLIO

CONTINUED

	Face Amount		Value†		Percentage of Net Assets**
	(000)
TEMPORARY CASH INVESTMENTS — (2.3%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $59,350,000 FNMA 5.50%, 08/01/37, valued at $52,765,741) to be repurchased at $51,986,072	$	51,982	$	51,982,000		3.0	%
	Shares
SECURITIES LENDING COLLATERAL — (20.5%)
§ @ DFA Short Term Investment Fund LP		415,012,034		415,012,034		23.7	%
@ PNC Demand Deposit Account 0.22%		10,000,000		10,000,000		0.6	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securitites 0.2353%, 11/03/08 (Collateralized by $32,836,313 FNMA, rates ranging from 5.000% to 7.000%, maturities ranging from 06/01/20 to 07/01/38 & U.S. Treasury STRIP 1.140%(y), 07/15/09, valued at $28,074,497) to be repurchased at $27,360,683	$	27,360		27,360,147		1.6	%
TOTAL SECURITIES LENDING COLLATERAL				452,372,181		25.9	%
TOTAL INVESTMENTS — (100.0%) (Cost $2,682,434,016)			$	2,209,139,603		126.5	%

See accompanying Notes to Financial Statements.

LARGE CAP INTERNATIONAL PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value††		Percentage of Net Assets**
AUSTRALIA — (4.9%)
COMMON STOCKS — (4.9%)
# BHP Billiton, Ltd.		343,037	$	6,590,158		0.6	%
Commonwealth Bank of Australia		182,537		4,989,790		0.4	%
Other Securities				54,324,268		4.5	%
TOTAL — AUSTRALIA				65,904,216		5.5	%
AUSTRIA — (0.2%)
COMMON STOCKS — (0.2%)
Other Securities				3,329,607		0.3	%
BELGIUM — (0.4%)
COMMON STOCKS — (0.4%)
Other Securities				5,970,724		0.5	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				7		0.0	%
TOTAL — BELGIUM				5,970,731		0.5	%
CANADA — (7.3%)
COMMON STOCKS — (7.3%)
Bank of Nova Scotia		145,927		4,865,848		0.4	%
EnCana Corp.		109,200		5,547,429		0.5	%
# Manulife Financial Corp.		219,590		4,394,351		0.4	%
Royal Bank of Canada		205,268		7,977,062		0.7	%
# Toronto Dominion Bank		112,415		5,308,771		0.4	%
Other Securities				70,028,025		5.7	%
TOTAL — CANADA				98,121,486		8.1	%
DENMARK — (0.8%)
COMMON STOCKS — (0.8%)
Other Securities				11,000,404		0.9	%
FINLAND — (1.1%)
COMMON STOCKS — (1.1%)
Nokia Oyj		303,533		4,649,581		0.4	%
Other Securities				9,710,169		0.8	%
TOTAL — FINLAND				14,359,750		1.2	%
FRANCE — (8.2%)
COMMON STOCKS — (8.2%)
BNP Paribas SA		117,049		8,451,097		0.7	%
# France Telecom SA		214,253		5,402,517		0.5	%
GDF Suez		139,979		6,230,981		0.5	%
Sanofi - Aventis		106,578		6,752,479		0.6	%
Total SA		222,818		12,257,994		1.0	%
Total SA Sponsored ADR		77,100		4,274,424		0.4	%
Vivendi SA		169,296		4,425,249		0.4	%
Other Securities				62,501,324		5.0	%
TOTAL — FRANCE				110,296,065		9.1	%
GERMANY — (6.4%)
COMMON STOCKS — (6.4%)
Deutsche Telekom AG		343,650		5,102,668		0.4	%
E.ON AG		218,479		8,361,378		0.7	%

LARGE CAP INTERNATIONAL PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
# RWE AG Series A		62,262	$	5,177,570		0.4	%
Siemens AG		72,863		4,376,979		0.4	%
# Volkswagen AG		11,739		7,105,324		0.6	%
Other Securities				56,723,925		4.7	%
TOTAL — GERMANY				86,847,844		7.2	%
GREECE — (0.4%)
COMMON STOCKS — (0.4%)
Other Securities				5,453,742		0.4	%
HONG KONG — (1.7%)
COMMON STOCKS — (1.7%)
Other Securities				22,673,002		1.9	%
IRELAND — (0.3%)
COMMON STOCKS — (0.3%)
Other Securities				4,486,874		0.4	%
ITALY — (2.8%)
COMMON STOCKS — (2.8%)
Eni SpA		254,648		6,077,981		0.5	%
Other Securities				31,628,934		2.6	%
TOTAL COMMON STOCKS				37,706,915		3.1	%
PREFERRED STOCKS — (0.0%)
Other Securities				13,402		0.0	%
TOTAL — ITALY				37,720,317		3.1	%
JAPAN — (20.6%)
COMMON STOCKS — (20.6%)
# Mitsubishi UFJ Financial Group, Inc.		679,972		4,273,061		0.4	%
Mitsubishi UFJ Financial Group, Inc. ADR		937,000		5,874,990		0.5	%
Nintendo Co., Ltd.		14,900		4,787,494		0.4	%
Takeda Pharmaceutical Co., Ltd.		119,600		5,942,351		0.5	%
Tokyo Electric Power Co., Ltd		177,800		5,035,387		0.4	%
Toyota Motor Corp.		308,600		12,051,114		1.0	%
Other Securities				239,619,308		19.8	%
TOTAL — JAPAN				277,583,705		23.0	%
NETHERLANDS — (2.4%)
COMMON STOCKS — (2.4%)
# Royal Dutch Shell P.L.C. Series A		292,228		8,099,675		0.7	%
Unilever NV		201,479		4,855,542		0.4	%
Other Securities				19,333,488		1.6	%
TOTAL — NETHERLANDS				32,288,705		2.7	%
NEW ZEALAND — (0.1%)
COMMON STOCKS — (0.1%)
Other Securities				1,044,384		0.1	%
NORWAY — (0.7%)
COMMON STOCKS — (0.7%)
Other Securities				9,431,422		0.8	%
PORTUGAL — (0.2%)
COMMON STOCKS — (0.2%)
Other Securities				2,784,120		0.2	%
SINGAPORE — (0.9%)
COMMON STOCKS — (0.9%)
Other Securities				12,232,479		1.0	%

LARGE CAP INTERNATIONAL PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
SPAIN — (3.3%)
COMMON STOCKS — (3.3%)
# Banco Bilbao Vizcaya Argentaria SA Sponsored ADR		497,300	$	5,768,680		0.5	%
Banco Santander Central Hispano SA		544,921		5,893,412		0.5	%
Telefonica SA		373,461		6,914,612		0.6	%
Other Securities				25,680,324		2.1	%
TOTAL — SPAIN				44,257,028		3.7	%
SWEDEN — (1.5%)
COMMON STOCKS — (1.5%)
Other Securities				19,943,389		1.6	%
SWITZERLAND — (6.8%)
COMMON STOCKS — (6.8%)
# Credit Suisse Group AG		125,914		4,708,412		0.4	%
Nestle SA		541,678		21,064,228		1.7	%
Novartis AG		226,191		11,481,006		1.0	%
Novartis AG ADR		115,300		5,879,147		0.5	%
Roche Holding AG Genusschein		99,745		15,253,688		1.3	%
Other Securities				33,111,215		2.7	%
TOTAL — SWITZERLAND				91,497,696		7.6	%
UNITED KINGDOM — (16.9%)
COMMON STOCKS — (16.9%)
Anglo American P.L.C.		181,454		4,552,906		0.4	%
AstraZeneca P.L.C.		162,199		6,873,742		0.6	%
BG Group P.L.C.		411,075		6,044,420		0.5	%
BP P.L.C.		2,022,519		16,486,512		1.4	%
BP P.L.C. Sponsored ADR		102,600		5,099,220		0.4	%
British American Tobacco P.L.C.		263,805		7,235,980		0.6	%
GlaxoSmithKline P.L.C.		598,100		11,497,837		1.0	%
HSBC Holdings P.L.C.		1,160,007		13,739,360		1.1	%
# HSBC Holdings P.L.C. Sponsored ADR		117,000		6,903,000		0.6	%
Rio Tinto P.L.C.		109,101		5,096,337		0.4	%
Royal Dutch Shell P.L.C. Series B		290,465		7,875,011		0.7	%
Tesco P.L.C.		1,166,959		6,393,892		0.5	%
Vodafone Group P.L.C.		5,464,272		10,511,697		0.9	%
Other Securities				119,302,568		9.8	%
TOTAL — UNITED KINGDOM				227,612,482		18.9	%
	Face Amount		Value†
	(000)
TEMPORARY CASH INVESTMENTS — (1.4%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $28,375,000 FNMA 6.50%, 09/01/36, valued at $19,430,795) to be repurchased at $19,143,499	$	19,142		19,142,000		1.6	%
	Shares
SECURITIES LENDING COLLATERAL — (10.7%)
§ @ DFA Short Term Investment Fund LP		140,369,383		140,369,383		11.6	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securities, 0.25%, 11/03/08 (Collateralized by $6,457,299 FHLMC 5.000%, 06/01/36; FNMA, rates ranging from 4.056%(r) to 5.520%(r), maturities ranging from 05/01/17 to 09/01/44; & GNMA 7.000%, 09/15/37, valued at $3,669,481) to be repurchased at $3,597,605	$	3,598		3,597,530		0.3	%
TOTAL SECURITIES LENDING COLLATERAL				143,966,913		11.9	%
TOTAL INVESTMENTS — (100.0%) (Cost $1,631,735,454)			$	1,347,948,361		111.7	%

See accompanying Notes to Financial Statements.

INTERNATIONAL CORE EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value††		Percentage of Net Assets**
AUSTRALIA — (4.2%)
COMMON STOCKS — (4.2%)
Australia & New Zealand Banking Group, Ltd.		381,728	$	4,474,804		0.2	%
Commonwealth Bank of Australia		218,637		5,976,612		0.3	%
# National Australia Bank, Ltd.		311,746		5,058,423		0.3	%
Other Securities				81,982,376		4.1	%
TOTAL COMMON STOCKS				97,492,215		4.9	%
PREFERRED STOCKS — (0.0%)
Other Securities				13,012		0.0	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				426		0.0	%
TOTAL — AUSTRALIA				97,505,653		4.9	%
AUSTRIA — (0.5%)
COMMON STOCKS — (0.5%)
Other Securities				11,663,866		0.6	%
BELGIUM — (0.8%)
COMMON STOCKS — (0.8%)
Other Securities				17,547,577		0.9	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				808		0.0	%
TOTAL — BELGIUM				17,548,385		0.9	%
CANADA — (6.4%)
COMMON STOCKS — (6.4%)
# Bank of Montreal		138,673		4,949,566		0.3	%
Canadian Imperial Bank of Commerce		114,980		5,214,309		0.3	%
# Manulife Financial Corp.		259,273		5,188,472		0.3	%
Royal Bank of Canada		162,793		6,326,412		0.3	%
# Toronto Dominion Bank		144,760		6,836,256		0.4	%
Other Securities				121,113,506		6.0	%
TOTAL COMMON STOCKS				149,628,521		7.6	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				6,772		0.0	%
TOTAL — CANADA				149,635,293		7.6	%
DENMARK — (0.7%)
COMMON STOCKS — (0.7%)
Other Securities				16,762,156		0.8	%
FINLAND — (1.4%)
COMMON STOCKS — (1.4%)
Other Securities				32,702,512		1.6	%
FRANCE — (6.2%)
COMMON STOCKS — (6.2%)
# AXA SA Sponsored ADR		299,136		5,596,835		0.3	%
# BNP Paribas SA		157,004		11,335,902		0.6	%
France Telecom SA Sponsored ADR		212,700		5,385,564		0.3	%
Sanofi - Aventis ADR		194,695		6,156,256		0.3	%

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
# Societe Generale Paris		92,394	$	5,035,940		0.3	%
Total SA Sponsored ADR		85,527		4,741,617		0.3	%
Vivendi SA		198,776		5,195,831		0.3	%
Other Securities				100,877,449		4.9	%
TOTAL COMMON STOCKS				144,325,394		7.3	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				145		0.0	%
TOTAL — FRANCE				144,325,539		7.3	%
GERMANY — (5.8%)
COMMON STOCKS — (5.8%)
DaimlerChrysler AG		169,947		5,838,570		0.3	%
Deutsche Telekom AG		292,612		4,344,833		0.2	%
E. ON AG		125,088		4,787,225		0.3	%
# E. ON AG Sponsered ADR		218,470		8,301,860		0.4	%
Munchener Rueckversicherungs-Gesellschaft AG		43,657		5,667,540		0.3	%
Siemens AG Sponsored ADR		108,800		6,544,320		0.3	%
# Volkswagen AG		20,427		12,363,954		0.6	%
Other Securities				86,271,520		4.4	%
TOTAL — GERMANY				134,119,822		6.8	%
GREECE — (0.9%)
COMMON STOCKS — (0.9%)
Other Securities				21,194,024		1.1	%
HONG KONG — (1.5%)
COMMON STOCKS — (1.5%)
Other Securities				36,041,691		1.8	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				1,160		0.0	%
TOTAL — HONG KONG				36,042,851		1.8	%
IRELAND — (0.6%)
COMMON STOCKS — (0.6%)
Other Securities				13,301,072		0.7	%
ITALY — (2.9%)
COMMON STOCKS — (2.9%)
Eni SpA Sponsored ADR		109,650		5,268,683		0.3	%
Intesa Sanpaolo SpA		1,218,119		4,458,186		0.2	%
UniCredito Italiano SpA		2,105,907		5,155,308		0.3	%
Other Securities				52,467,523		2.6	%
TOTAL COMMON STOCKS				67,349,700		3.4	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				848		0.0	%
TOTAL — ITALY				67,350,548		3.4	%
JAPAN — (18.8%)
COMMON STOCKS — (18.8%)
Honda Motor Co., Ltd. Sponsored ADR		196,469		4,866,537		0.3	%
Mitsubishi UFJ Financial Group, Inc.		983,100		6,177,970		0.3	%
Toyota Motor Corp. Sponsored ADR		160,569		12,217,695		0.6	%
Other Securities				412,798,247		20.8	%
TOTAL — JAPAN				436,060,449		22.0	%

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
NETHERLANDS — (2.3%)
COMMON STOCKS — (2.3%)
Unilever NV		181,970	$	4,385,385		0.2	%
Other Securities				50,427,221		2.6	%
TOTAL — NETHERLANDS				54,812,606		2.8	%
NEW ZEALAND — (0.2%)
COMMON STOCKS — (0.2%)
Other Securities				4,154,118		0.2	%
NORWAY — (0.7%)
COMMON STOCKS — (0.7%)
Other Securities				17,463,667		0.9	%
PORTUGAL — (0.4%)
COMMON STOCKS — (0.4%)
Other Securities				8,761,847		0.4	%
SINGAPORE — (1.0%)
COMMON STOCKS — (1.0%)
Other Securities				23,238,665		1.2	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				214		0.0	%
TOTAL — SINGAPORE				23,238,879		1.2	%
SPAIN — (3.0%)
COMMON STOCKS — (3.0%)
# Banco Bilbao Vizcaya Argentaria SA Sponsored ADR		675,217		7,832,517		0.4	%
# Banco Santander SA Sponsored ADR		1,096,296		11,774,219		0.6	%
Other Securities				49,825,762		2.5	%
TOTAL — SPAIN				69,432,498		3.5	%
SWEDEN — (1.8%)
COMMON STOCKS — (1.8%)
Other Securities				41,412,497		2.1	%
SWITZERLAND — (6.3%)
COMMON STOCKS — (6.3%)
Credit Suisse Group Sponsered ADR		346,715		12,967,141		0.7	%
Holcim, Ltd.		143,085		8,127,119		0.4	%
Nestle SA		454,270		17,665,194		0.9	%
Novartis AG ADR		277,502		14,149,827		0.7	%
Roche Holding AG Genusschein		82,873		12,673,507		0.7	%
Swiss Re		120,001		5,004,482		0.3	%
Zurich Financial SVCS AG		49,623		10,067,397		0.5	%
Other Securities				64,983,095		3.1	%
TOTAL COMMON STOCKS				145,637,762		7.3	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				13		0.0	%
TOTAL — SWITZERLAND				145,637,775		7.3	%
UNITED KINGDOM — (15.8%)
COMMON STOCKS — (15.8%)
Aviva P.L.C.		998,599		5,956,647		0.3	%
BAE Systems P.L.C.		774,999		4,356,236		0.2	%
BP P.L.C. Sponsored ADR		568,076		28,233,377		1.4	%

INTERNATIONAL CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
Cadbury P.L.C. Sponsored ADR		122,368	$	4,525,169		0.2	%
HSBC Holdings P.L.C. Sponsered ADR		470,156		27,739,204		1.4	%
# Lloyds TSB Group P.L.C. Sponsored ADR		373,194		4,717,172		0.3	%
# Pearson P.L.C. Sponsored ADR		607,283		6,145,704		0.3	%
Royal Dutch Shell P.L.C. ADR		531,903		29,408,917		1.5	%
RSA Insurance Group P.L.C.		2,543,937		5,657,292		0.3	%
Standard Chartered P.L.C.		283,281		4,681,789		0.3	%
Tesco P.L.C.		1,092,470		5,985,759		0.3	%
Vodafone Group P.L.C. Sponsored ADR		1,012,331		19,507,618		1.0	%
Other Securities				219,058,591		11.0	%
TOTAL — UNITED KINGDOM				365,973,475		18.5	%
			Value†
UNITED STATES — (0.0%)
COMMON STOCKS — (0.0%)
Other Securities				21,366		0.0	%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (2.7%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $82,025,000 FHLMC 6.50%, 09/01/37 & FNMA 5.00%, 06/01/22, valued at $64,525,760) to be repurchased at $63,573,980	$	63,569		63,569,000		3.2	%
	Shares
SECURITIES LENDING COLLATERAL — (15.1%)
§ @ DFA Short Term Investment Fund LP		347,448,412		347,448,412		17.5	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securities 0.25%, 11/03/08 (Collateralized by $2,664,954 FHLMC 5.000%, 04/01/35, valued at $1,781,614) to be repurchased at $1,746,716	$	1,747		1,746,680		0.1	%
TOTAL SECURITIES LENDING COLLATERAL				349,195,092		17.6	%
TOTAL INVESTMENTS — (100.0%) (Cost $3,602,027,045)			$	2,321,884,990		117.2	%

See accompanying Notes to Financial Statements.

T.A. WORLD EX U.S. CORE EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value††		Percentage of Net Assets**
AUSTRALIA — (3.8%)
COMMON STOCKS — (3.8%)
Commonwealth Bank of Australia		19,740	$	539,608		0.3	%
National Australia Bank, Ltd.		29,710		482,078		0.2	%
Other Securities				8,708,638		3.8	%
TOTAL — AUSTRALIA				9,730,324		4.3	%
AUSTRIA — (0.4%)
COMMON STOCKS — (0.4%)
Other Securities				1,086,447		0.5	%
BELGIUM — (0.7%)
COMMON STOCKS — (0.7%)
Other Securities				1,819,624		0.8	%
BRAZIL — (2.4%)
COMMON STOCKS — (1.2%)
Other Securities				3,053,810		1.3	%
PREFERRED STOCKS — (1.2%)
Other Securities				3,178,674		1.4	%
TOTAL — BRAZIL				6,232,484		2.7	%
CANADA — (5.6%)
COMMON STOCKS — (5.6%)
# Bank of Montreal		13,373		477,314		0.2	%
# Barrick Gold Corp.		19,700		450,454		0.2	%
EnCana Corp.		9,815		498,608		0.2	%
Petro-Canada		17,700		442,610		0.2	%
Sun Life Financial, Inc.		20,884		491,215		0.2	%
Toronto Dominion Bank		12,200		576,142		0.3	%
Other Securities				11,527,653		5.0	%
TOTAL — CANADA				14,463,996		6.3	%
CHILE — (0.3%)
COMMON STOCKS — (0.3%)
Other Securities				665,736		0.3	%
CHINA — (2.1%)
COMMON STOCKS — (2.1%)
Other Securities				5,527,255		2.4	%
CZECH REPUBLIC — (0.1%)
COMMON STOCKS — (0.1%)
Other Securities				231,480		0.1	%
DENMARK — (0.6%)
COMMON STOCKS — (0.6%)
Other Securities				1,457,922		0.6	%
FINLAND — (1.3%)
COMMON STOCKS — (1.3%)
UPM-Kymmene Oyj		37,082		524,352		0.2	%
Other Securities				2,716,595		1.2	%
TOTAL — FINLAND				3,240,947		1.4	%

T.A. WORLD EX U.S. CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
FRANCE — (5.5%)
COMMON STOCKS — (5.5%)
AXA SA Sponsored ADR		31,600	$	591,236		0.3	%
# BNP Paribas SA		13,644		985,115		0.4	%
Compagnie Generale des Establissements Michelin Series B		8,990		462,725		0.2	%
France Telecom SA Sponsored ADR		23,020		582,866		0.3	%
# Societe Generale Paris		10,539		574,429		0.3	%
Total SA Sponsored ADR		11,800		654,192		0.3	%
Vivendi SA		19,527		510,419		0.2	%
Other Securities				9,742,299		4.2	%
TOTAL — FRANCE				14,103,281		6.2	%
GERMANY — (5.0%)
COMMON STOCKS — (5.0%)
E.ON AG		28,282		1,082,376		0.5	%
# Munchener Rueckversicherungs-Gesellschaft AG		4,151		538,882		0.2	%
Siemens AG Sponsored ADR		15,500		932,325		0.4	%
# Volkswagen AG		927		561,090		0.3	%
Other Securities				9,677,722		4.2	%
TOTAL — GERMANY				12,792,395		5.6	%
GREECE — (1.0%)
COMMON STOCKS — (1.0%)
Other Securities				2,534,171		1.1	%
HONG KONG — (1.4%)
COMMON STOCKS — (1.4%)
Other Securities				3,722,936		1.6	%
HUNGARY — (0.1%)
COMMON STOCKS — (0.1%)
Other Securities				322,637		0.1	%
INDIA — (1.2%)
COMMON STOCKS — (1.2%)
Other Securities				3,219,409		1.4	%
INDONESIA — (0.2%)
COMMON STOCKS — (0.2%)
Other Securities				607,351		0.3	%
IRELAND — (0.4%)
COMMON STOCKS — (0.4%)
Other Securities				1,179,681		0.5	%
ISRAEL — (0.3%)
COMMON STOCKS — (0.3%)
Other Securities				747,222		0.3	%
ITALY — (2.4%)
COMMON STOCKS — (2.4%)
Banco Popolare Scarl		40,766		508,554		0.2	%
Intesa Sanpaolo SpA		129,677		474,604		0.2	%
UniCredito Italiano SpA		228,020		558,198		0.3	%
Other Securities				4,692,490		2.0	%
TOTAL — ITALY				6,233,846		2.7	%
JAPAN — (15.7%)
COMMON STOCKS — (15.7%)
Honda Motor Co., Ltd. Sponsored ADR		23,500		582,095		0.3	%

T.A. WORLD EX U.S. CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
Mitsubishi UFJ Financial Group, Inc.		76,440	$	480,362		0.2	%
Sony Corp. Sponsored ADR		19,300		448,532		0.2	%
Toyota Motor Corp. Sponsored ADR		14,000		1,065,260		0.5	%
Other Securities				37,842,139		16.5	%
TOTAL — JAPAN				40,418,388		17.7	%
MALAYSIA — (0.5%)
COMMON STOCKS — (0.5%)
Other Securities				1,346,632		0.6	%
MEXICO — (0.8%)
COMMON STOCKS — (0.8%)
Other Securities				2,016,825		0.9	%
NETHERLANDS — (1.9%)
COMMON STOCKS — (1.9%)
Koninklijke Philips Electronics NV ADR		29,400		543,900		0.2	%
Other Securities				4,233,713		1.9	%
TOTAL — NETHERLANDS				4,777,613		2.1	%
NEW ZEALAND — (0.2%)
COMMON STOCKS — (0.2%)
Other Securities				466,791		0.2	%
NORWAY — (0.5%)
COMMON STOCKS — (0.5%)
Other Securities				1,413,922		0.6	%
PHILIPPINES — (0.1%)
COMMON STOCKS — (0.1%)
Other Securities				233,520		0.1	%
POLAND — (0.3%)
COMMON STOCKS — (0.3%)
Other Securities				827,727		0.4	%
PORTUGAL — (0.4%)
COMMON STOCKS — (0.4%)
Other Securities				1,040,815		0.5	%
SINGAPORE — (0.8%)
COMMON STOCKS — (0.8%)
Other Securities				2,049,974		0.9	%
SOUTH AFRICA — (1.3%)
COMMON STOCKS — (1.3%)
Other Securities				3,280,854		1.4	%
SOUTH KOREA — (2.4%)
COMMON STOCKS — (2.4%)
Samsung Electronics Co., Ltd.		1,174		494,963		0.2	%
Other Securities				5,678,359		2.5	%
TOTAL — SOUTH KOREA				6,173,322		2.7	%
SPAIN — (2.6%)
COMMON STOCKS — (2.6%)
Banco Bilbao Vizcaya Argentaria SA Sponsored ADR		57,320		664,912		0.3	%

T.A. WORLD EX U.S. CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
Banco Santander SA Sponsored ADR		136,720	$	1,468,373		0.7	%
Other Securities				4,598,926		2.0	%
TOTAL — SPAIN				6,732,211		3.0	%
SWEDEN — (1.4%)
COMMON STOCKS — (1.4%)
Other Securities				3,486,442		1.5	%
SWITZERLAND — (5.4%)
COMMON STOCKS — (5.4%)
Credit Suisse Group AG Sponsored ADR		25,100		938,740		0.4	%
Holcim, Ltd.		13,487		766,051		0.4	%
Nestle SA		18,357		713,849		0.3	%
Novartis AG ADR		31,390		1,600,576		0.7	%
Roche Holding AG Genusschein		9,111		1,393,317		0.6	%
Swiss Re		20,457		853,132		0.4	%
Syngenta AG ADR		24,400		912,072		0.4	%
Zurich Financial SVCS AG		4,733		960,220		0.4	%
Other Securities				5,767,474		2.5	%
TOTAL — SWITZERLAND				13,905,431		6.1	%
TAIWAN — (1.7%)
COMMON STOCKS — (1.7%)
Other Securities				4,257,972		1.9	%
THAILAND — (0.2%)
COMMON STOCKS — (0.2%)
Other Securities				437,983		0.2	%
TURKEY — (0.2%)
COMMON STOCKS — (0.2%)
Other Securities				610,457		0.3	%
UNITED KINGDOM — (14.2%)
COMMON STOCKS — (14.2%)
Anglo American P.L.C.		19,719		494,774		0.2	%
Aviva P.L.C.		86,584		516,474		0.2	%
BP P.L.C. Sponsored ADR		69,320		3,445,204		1.5	%
# HSBC Holdings P.L.C. Sponsored ADR		41,700		2,460,300		1.1	%
Legal and General Group P.L.C.		419,828		482,840		0.2	%
Pearson P.L.C. Sponsored ADR		59,132		598,416		0.3	%
Royal Dutch Shell P.L.C. ADR		66,499		3,676,730		1.6	%
SABmiller P.L.C.		27,479		436,470		0.2	%
Standard Chartered P.L.C.		46,344		765,928		0.3	%
Vodafone Group P.L.C. Sponsored ADR		115,900		2,233,393		1.0	%
Xstrata P.L.C.		25,820		441,633		0.2	%
Other Securities				20,977,885		9.2	%
TOTAL — UNITED KINGDOM				36,530,047		16.0	%
	Face Amount		Value†
	(000)
TEMPORARY CASH INVESTMENTS — (4.1%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $14,505,000 FNMA 4.50%, 10/01/35, valued at $10,905,825) to be repurchased at $10,741,841	$	10,741		10,741,000		4.7	%
	Shares
SECURITIES LENDING COLLATERAL — (10.5%)
§ @ DFA Short Term Investment Fund LP		17,302,533		17,302,533		7.6	%

T.A. WORLD EX U.S. CORE EQUITY PORTFOLIO

CONTINUED

	Face Amount		Value†		Percentage of Net Assets**
	(000)
@ Repurchase Agreement, Deutsche Bank Securities 0.25%, 11/03/08 (Collateralized by $10,204,997 FHLMC, rates ranging from 5.000% to 7.000%, maturities ranging from 05/01/37 to 08/01/37 & FNMA rates ranging from 5.580%(r) to 6.080%(r), maturities ranging from 07/01/16 to 06/01/18, valued at $9,876,876) to be repurchased at $9,683,414	$	9,683	$	9,683,212		4.2	%
TOTAL SECURITIES LENDING COLLATERAL				26,985,745		11.8	%
TOTAL INVESTMENTS — (100.0%) (Cost $345,360,419)			$	257,652,815		112.8	%

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

SCHEDULES OF INVESTMENTS
October 31, 2008

INTERNATIONAL SMALL COMPANY PORTFOLIO

			Value†
AFFILIATED INVESTMENT COMPANIES — (99.7%)
Investment in The Continental Small Company Series of The DFA Investment Trust Company			$	1,013,296,693
Investment in The Japanese Small Company Series of The DFA Investment Trust Company				926,342,271
Investment in The United Kingdom Small Company Series of The DFA Investment Trust Company				527,886,882
Investment in The Asia Pacific Small Company Series of The DFA Investment Trust Company				376,154,223
Investment in The Canadian Small Company Series of The DFA Investment Trust Company				232,873,073
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $4,383,237,585)				3,076,553,142
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.3%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $15,175,000 FNMA 6.50%, 11/01/36, valued at $10,185,423) to be repurchased at $10,033,786 (Cost $10,033,000)	$	10,033		10,033,000
TOTAL INVESTMENTS — (100.0%) (Cost $4,393,270,585)			$	3,086,586,142

JAPANESE SMALL COMPANY PORTFOLIO

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The Japanese Small Company Series of The DFA Investment Trust Company	$	133,439,370
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $257,466,439)	$	133,439,370

ASIA PACIFIC SMALL COMPANY PORTFOLIO

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The Asia Pacific Small Company Series of The DFA Investment Trust Company	$	64,067,407
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $108,804,262)	$	64,067,407

See accompanying Notes to Financial Statements.

DFA INVESTMENT DIMENSIONS GROUP INC.

SCHEDULES OF INVESTMENTS
October 31, 2008

UNITED KINGDOM SMALL COMPANY PORTFOLIO

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The United Kingdom Small Company Series of The DFA Investment Trust Company	$	25,891,380
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $38,132,428)	$	25,891,380

CONTINENTAL SMALL COMPANY PORTFOLIO

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The Continental Small Company Series of The DFA Investment Trust Company	$	94,026,779
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $133,728,859)	$	94,026,779

See accompanying Notes to Financial Statements.

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value††		Percentage of Net Assets**
AUSTRALIA — (16.7%)
COMMON STOCKS — (16.6%)
# CFS Retail Property Trust		7,364,831	$	9,906,670		2.5	%
# Commonwealth Property Office Fund		7,178,199		6,343,056		1.6	%
Dexus Property Group		13,075,135		6,515,902		1.7	%
# Goodman Group		7,261,426		4,581,400		1.2	%
# GPT Group		11,153,642		5,581,733		1.4	%
# ING Office Fund		5,625,492		4,124,894		1.1	%
# Stockland Trust Group		5,647,688		15,187,074		3.9	%
Westfield Group Stapled		1,920,573		21,212,203		5.4	%
Other Securities				10,698,060		2.6	%
TOTAL COMMON STOCKS				84,150,992		21.4	%
RIGHTS/WARRANTS — (0.1%)
Other Securities				505,691		0.1	%
Total — Australia				84,656,683		21.5	%
BELGIUM — (1.5%)
COMMON STOCKS — (1.5%)
# Befimmo S.C.A.		32,146		2,413,524		0.6	%
Cofinimmo SA		25,700		3,202,471		0.8	%
Other Securities				1,976,198		0.5	%
TOTAL — BELGIUM				7,592,193		1.9	%
CANADA — (4.3%)
COMMON STOCKS — (4.3%)
Boardwalk REIT		87,766		1,885,953		0.5	%
# Canadian REIT		103,500		2,228,346		0.6	%
# RioCan REIT		381,018		5,313,957		1.3	%
Other Securities				12,125,604		3.1	%
TOTAL — CANADA				21,553,860		5.5	%
FRANCE — (10.0%)
COMMON STOCKS — (10.0%)
# Fonciere des Regions		66,071		4,369,035		1.1	%
* ICADE		87,009		5,200,857		1.3	%
Klepierre SA		365,804		8,425,865		2.1	%
# Mercialys		97,412		3,172,462		0.8	%
Societe Immobiliere de Location pour l'Industrie et le Commerce		60,852		5,424,481		1.4	%
# Unibail-Rodamco		129,358		19,401,738		4.9	%
Other Securities				4,451,087		1.2	%
TOTAL — FRANCE				50,445,525		12.8	%
GERMANY — (0.1%)
COMMON STOCKS — (0.1%)
Other Securities				511,634		0.1	%
GREECE — (0.0%)
COMMON STOCKS — (0.0%)
Other Securities				227,087		0.1	%
HONG KONG — (2.7%)
COMMON STOCKS — (2.7%)
The Link REIT		6,400,165		11,443,596		2.9	%
Other Securities				2,268,162		0.6	%
TOTAL — HONG KONG				13,711,758		3.5	%

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
ITALY — (0.1%)
COMMON STOCKS — (0.1%)
Other Securities			$	497,941		0.1	%
JAPAN — (14.7%)
COMMON STOCKS — (14.7%)
Frontier Real Estate Investment Corp.		484		2,648,561		0.7	%
# Global One Real Estate Investment Co.		319		2,580,221		0.7	%
# Japan Logistics Fund, Inc.		462		2,920,583		0.7	%
# Japan Prime Realty Investment Corp.		1,875		3,331,005		0.8	%
Japan Real Estate Investment Corp.		1,358		12,025,225		3.1	%
Japan Retail Fund Investment		1,355		4,893,715		1.2	%
# MORI TRUST Sogo REIT, Inc.		354		2,769,751		0.7	%
Nippon Building Fund, Inc.		1,672		16,066,232		4.1	%
Nomura Real Estate Office Fund, Inc.		894		5,082,586		1.3	%
ORIX JREIT, Inc.		733		3,360,201		0.9	%
TOKYU REIT, Inc.		467		2,690,753		0.7	%
Other Securities				16,186,296		4.0	%
TOTAL — JAPAN				74,555,129		18.9	%
NETHERLANDS — (4.2%)
COMMON STOCKS — (4.2%)
# Corio NV		144,323		7,712,591		2.0	%
# Eurocommercial Properties NV		70,694		2,341,013		0.6	%
# Nieuwe Steen Investments NV		109,669		1,914,617		0.5	%
VastNed Retail NV		49,511		2,532,978		0.6	%
# Wereldhave NV		71,538		5,945,914		1.5	%
Other Securities				688,381		0.2	%
TOTAL — NETHERLANDS				21,135,494		5.4	%
NEW ZEALAND — (0.8%)
COMMON STOCKS — (0.8%)
Other Securities				4,005,784		1.0	%
SINGAPORE — (3.4%)
COMMON STOCKS — (3.4%)
Ascendas REIT		3,069,000		3,415,111		0.9	%
# Capitacommercial Trust		2,992,000		2,055,438		0.5	%
# CapitaMall Trust		3,666,000		4,861,512		1.2	%
# Suntec REIT		3,996,000		1,912,816		0.5	%
Other Securities				4,839,238		1.2	%
TOTAL — SINGAPORE				17,084,115		4.3	%
SOUTH AFRICA — (0.8%)
COMMON STOCKS — (0.8%)
Other Securities				4,188,948		1.1	%
TAIWAN — (0.3%)
COMMON STOCKS — (0.3%)
Other Securities				1,780,200		0.4	%

DFA INTERNATIONAL REAL ESTATE SECURITIES PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
UNITED KINGDOM — (16.3%)
COMMON STOCKS — (16.3%)
# British Land Co. P.L.C.		1,625,177	$	16,205,586		4.1	%
# Brixton P.L.C.		1,259,022		3,386,515		0.9	%
Derwent London P.L.C.		487,068		5,704,786		1.4	%
# Great Portland Estates P.L.C.		607,438		2,704,977		0.7	%
Hammerson P.L.C.		892,614		10,287,830		2.6	%
Land Securities Group P.L.C.		952,578		16,908,947		4.3	%
# Liberty International P.L.C.		931,695		10,366,618		2.6	%
Segro P.L.C		1,435,663		6,481,362		1.6	%
# Shaftesbury P.L.C.		798,081		4,292,786		1.1	%
Workspace Group P.L.C.		1,167,408		1,879,159		0.5	%
Other Securities				4,089,285		1.1	%
TOTAL — UNITED KINGDOM				82,307,851		20.9	%
	Face Amount		Value†
	(000)
TEMPORARY CASH INVESTMENTS — (3.2%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $21,075,000 FHLMC 6.04%(r), 11/01/36, valued at $16,196,322) to be repurchased at $15,955,250	$	15,954		15,954,000		4.0	%
	Shares
SECURITIES LENDING COLLATERAL — (20.9%)
§@ DFA Short Term Investment Fund LP		105,065,461		105,065,461		26.6	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securities 0.25%, 11/03/08 (Collateralized by $836,357 GNMA 7.000%, 10/15/37, valued at $710,583) to be repurchased at $696,665	$	697		696,650		0.2	%
TOTAL SECURITIES LENDING COLLATERAL				105,762,111		26.8	%
TOTAL INVESTMENTS — (100.0%) (Cost $895,393,423)			$	505,970,313		128.3	%

See accompanying Notes to Financial Statements.
78

DFA INVESTMENT DIMENSIONS GROUP INC.

SCHEDULE OF INVESTMENTS
October 31, 2008

DFA GLOBAL REAL ESTATE SECURITIES PORTFOLIO

	Shares		Value†
AFFILIATED INVESTMENT COMPANIES — (98.1%)
Investment in DFA Real Estate Securities Portfolio of DFA Investment Dimensions Group Inc.		3,310,442	$	53,496,743
Investment in DFA International Real Estate Securities Portfolio of DFA Investment Dimensions Group Inc.		8,527,697		35,645,773
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $123,810,257)				89,142,516
TEMPORARY CASH INVESTMENTS — (1.9%)
BlackRock Liquidity Funds Tempcash Portfolio Institutional Shares		1,304,825		1,304,825
	Face Amount
	(000)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $515,000 FNMA 5.058%(r), 01/01/36, valued at $424,023) to be repurchased at $416,033	$	416		416,000
TOTAL TEMPORARY CASH INVESTMENTS (Cost $1,720,825)				1,720,825
TOTAL INVESTMENTS — (100.0%) (Cost $125,531,082)			$	90,863,341

See accompanying Notes to Financial Statements.

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value††		Percentage of Net Assets**
AUSTRALIA — (6.4%)
COMMON STOCKS — (6.4%)
# ABB Grain, Ltd.		3,459,149	$	18,900,326		0.4	%
Adelaide Brighton, Ltd.		10,413,560		15,840,859		0.3	%
# Bendigo Bank, Ltd.		1,955,248		17,248,687		0.4	%
# Centennial Coal Co., Ltd.		8,324,154		19,574,833		0.4	%
# Futuris Corp., Ltd.		20,327,287		15,862,354		0.3	%
#* Iluka Resources, Ltd.		7,300,377		17,652,841		0.4	%
Other Securities				246,528,858		5.1	%
TOTAL COMMON STOCKS				351,608,758		7.3	%
PREFERRED STOCKS — (0.0%)
Other Securities				733,871		0.0	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				16,851		0.0	%
TOTAL — AUSTRALIA				352,359,480		7.3	%
AUSTRIA — (0.6%)
COMMON STOCKS — (0.6%)
Other Securities				32,159,265		0.7	%
BELGIUM — (1.4%)
COMMON STOCKS — (1.4%)
Tessenderlo Chemie NV		466,977		18,473,203		0.4	%
Other Securities				57,841,952		1.2	%
TOTAL COMMON STOCKS				76,315,155		1.6	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				119		0.0	%
TOTAL — BELGIUM				76,315,274		1.6	%
CANADA — (6.6%)
COMMON STOCKS — (6.6%)
#* Celestica, Inc.		3,826,647		18,509,377		0.4	%
# Dorel Industries, Inc. Class B		842,000		18,512,404		0.4	%
IAMGOLD Corp.		5,817,473		19,306,307		0.4	%
# Laurentian Bank of Canada		699,800		23,735,024		0.5	%
#* MDS, Inc.		2,377,727		24,836,624		0.5	%
* Saskatchewan Wheat Pool, Inc.		2,453,600		15,572,920		0.3	%
* Sino-Forest Corp.		2,670,606		24,993,309		0.5	%
Other Securities				217,567,111		4.6	%
TOTAL COMMON STOCKS				363,033,076		7.6	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				94,042		0.0	%
TOTAL — CANADA				363,127,118		7.6	%
DENMARK — (0.5%)
COMMON STOCKS — (0.5%)
Other Securities				29,405,124		0.6	%

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
FINLAND — (1.7%)
COMMON STOCKS — (1.7%)
Pohjola Bank P.L.C.		1,697,460	$	22,838,591		0.5	%
Rautaruukki Oyj Series K		1,108,900		18,097,353		0.4	%
Other Securities				55,566,570		1.1	%
TOTAL — FINLAND				96,502,514		2.0	%
FRANCE — (5.0%)
COMMON STOCKS — (5.0%)
Arkema		886,609		20,292,990		0.4	%
Atos Origin SA		770,786		17,898,781		0.4	%
Havas SA		8,111,619		16,185,139		0.3	%
Nexans SA		593,945		33,878,598		0.7	%
# Valeo SA		1,231,192		21,446,258		0.5	%
Other Securities				166,817,762		3.5	%
TOTAL COMMON STOCKS				276,519,528		5.8	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				10,323		0.0	%
TOTAL — FRANCE				276,529,851		5.8	%
GERMANY — (4.2%)
COMMON STOCKS — (4.2%)
Bilfinger Berger AG		765,357		34,624,746		0.7	%
# Norddeutsche Affinerie AG		1,148,031		36,759,501		0.8	%
Other Securities				163,967,124		3.4	%
TOTAL — GERMANY				235,351,371		4.9	%
GREECE — (0.7%)
COMMON STOCKS — (0.7%)
Other Securities				37,945,742		0.8	%
HONG KONG — (1.7%)
COMMON STOCKS — (1.7%)
Other Securities				93,544,387		1.9	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				125,641		0.0	%
TOTAL — HONG KONG				93,670,028		1.9	%
IRELAND — (0.7%)
COMMON STOCKS — (0.7%)
Other Securities				35,843,627		0.7	%
ITALY — (2.0%)
COMMON STOCKS — (2.0%)
Other Securities				111,372,860		2.3	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				53,628		0.0	%
TOTAL — ITALY				111,426,488		2.3	%

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
JAPAN — (28.5%)
COMMON STOCKS — (28.5%)
# Fukuyama Transporting Co., Ltd.		3,858,000	$	16,390,383		0.4	%
# Nishimatsu Construction Co., Ltd.		8,152,073		16,773,450		0.4	%
The Akita Bank, Ltd.		3,688,000		15,332,981		0.3	%
# The Bank of Iwate, Ltd.		306,100		19,024,720		0.4	%
The Oita Bank, Ltd.		2,581,000		16,020,518		0.3	%
Tochigi Bank, Ltd.		2,756,000		16,977,990		0.4	%
Yamagata Bank, Ltd.		2,542,000		15,279,704		0.3	%
Yodogawa Steel Works, Ltd.		3,670,000		15,299,877		0.3	%
Other Securities				1,451,081,495		30.2	%
TOTAL — JAPAN				1,582,181,118		33.0	%
MALAYSIA — (0.0%)
COMMON STOCKS — (0.0%)
RIGHTS/WARRANTS — (0.0%)
Other Securities				7,861		0.0	%
NETHERLANDS — (1.5%)
COMMON STOCKS — (1.5%)
# Nutreco Holding NV		796,046		25,380,852		0.5	%
Other Securities				59,743,258		1.3	%
TOTAL — NETHERLANDS				85,124,110		1.8	%
NEW ZEALAND — (0.3%)
COMMON STOCKS — (0.3%)
Other Securities				16,280,792		0.3	%
NORWAY — (0.9%)
COMMON STOCKS — (0.9%)
Other Securities				51,234,535		1.1	%
PORTUGAL — (0.1%)
COMMON STOCKS — (0.1%)
Other Securities				7,866,555		0.2	%
SINGAPORE — (1.0%)
COMMON STOCKS — (1.0%)
Other Securities				56,959,045		1.2	%
SPAIN — (1.3%)
COMMON STOCKS — (1.3%)
Ebro Puleva SA		1,492,857		19,410,492		0.4	%
Other Securities				51,246,716		1.1	%
TOTAL — SPAIN				70,657,208		1.5	%
SWEDEN — (1.4%)
COMMON STOCKS — (1.4%)
Other Securities				79,331,557		1.6	%
SWITZERLAND — (4.9%)
COMMON STOCKS — (4.9%)
Baloise-Holding AG		316,202		16,905,585		0.4	%
# Clariant AG		3,311,053		20,541,277		0.4	%
# PSP Swiss Property AG		588,827		25,475,734		0.5	%
# Valiant Holding AG		91,408		15,749,650		0.3	%
Other Securities				191,863,986		4.0	%
TOTAL — SWITZERLAND				270,536,232		5.6	%

DFA INTERNATIONAL SMALL CAP VALUE PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
UNITED KINGDOM — (12.1%)
COMMON STOCKS — (12.1%)
Amlin P.L.C.		9,708,370	$	49,712,470		1.0	%
# Bellway P.L.C.		3,481,205		30,327,447		0.6	%
Bodycote P.L.C.		10,063,146		20,143,033		0.4	%
# Bovis Homes Group P.L.C.		4,184,856		22,875,171		0.5	%
Brit Insurance Holdings P.L.C.		11,179,422		32,878,013		0.7	%
Catlin Group, Ltd.		5,850,701		32,694,578		0.7	%
Close Brothers Group P.L.C.		1,903,664		16,564,440		0.4	%
Greene King P.L.C.		3,287,988		16,979,635		0.4	%
Hiscox, Ltd.		10,621,831		42,088,960		0.9	%
Millennium and Copthorne Hotels P.L.C.		4,451,429		15,172,030		0.3	%
# Redrow P.L.C.		5,051,879		16,896,263		0.4	%
Signet Group, Ltd.		1,714,191		16,791,841		0.4	%
Tomkins P.L.C.		13,525,823		24,826,600		0.5	%
Other Securities				334,245,161		6.8	%
TOTAL — UNITED KINGDOM				672,195,642		14.0	%
	Face Amount		Value†
	(000)
TEMPORARY CASH INVESTMENTS — (1.0%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $65,225,000 FHLMC 6.50%, 08/01/37, valued at $56,734,250) to be repurchased at $55,897,378	$	55,893		55,893,000		1.2	%
	Shares
SECURITIES LENDING COLLATERAL — (15.5%)
§ @ DFA Short Term Investment Fund LP		856,409,702		856,409,702		17.8	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securities, 0.25%, 11/03/08, (Collateralized by $4,824,647 FNMA 5.000%, 03/01/38, valued at $4,464,254) to be repurchased at $4,376,811	$	4,377		4,376,720		0.1	%
TOTAL SECURITIES LENDING COLLATERAL				860,786,422		17.9	%
TOTAL INVESTMENTS — (100.0%) (Cost $8,099,711,332)			$	5,549,689,959		115.6	%

See accompanying Notes to Financial Statements.
83

INTERNATIONAL VECTOR EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value††		Percentage of Net Assets**
AUSTRALIA — (4.5%)
COMMON STOCKS — (4.5%)
Other Securities			$	3,290,385		4.9	%
AUSTRIA — (0.6%)
COMMON STOCKS — (0.6%)
Other Securities				421,411		0.6	%
BELGIUM — (1.0%)
COMMON STOCKS — (1.0%)
Other Securities				714,318		1.1	%
CANADA — (7.3%)
COMMON STOCKS — (7.3%)
# Bank of Montreal		5,900		210,585		0.3	%
Petro-Canada		6,000		150,037		0.2	%
Sun Life Financial, Inc.		10,600		249,324		0.4	%
Other Securities				4,673,880		7.0	%
TOTAL — CANADA				5,283,826		7.9	%
DENMARK — (0.7%)
COMMON STOCKS — (0.7%)
Other Securities				516,387		0.8	%
FINLAND — (2.0%)
COMMON STOCKS — (2.0%)
Stora Enso Oyj Series R		22,412		208,419		0.3	%
UPM-Kymmene Oyj		20,032		283,259		0.4	%
Other Securities				985,280		1.5	%
TOTAL — FINLAND				1,476,958		2.2	%
FRANCE — (5.9%)
COMMON STOCKS — (5.9%)
# BNP Paribas SA		3,174		229,167		0.4	%
Capgemini SA		5,104		164,450		0.3	%
# Compagnie de Saint-Gobain		3,471		133,935		0.2	%
Lafarge SA		2,289		151,320		0.2	%
# Societe Generale Paris		2,527		137,734		0.2	%
Total SA Sponsored ADR		3,100		171,864		0.3	%
Vivendi SA		5,001		130,722		0.2	%
Other Securities				3,183,827		4.7	%
TOTAL — FRANCE				4,303,019		6.5	%
GERMANY — (5.5%)
COMMON STOCKS — (5.5%)
Bayerische Motoren Werke AG		6,217		157,654		0.2	%
E.ON AG		7,938		303,794		0.5	%
* Infineon Technologies AG ADR		61,232		191,656		0.3	%
Siemens AG Sponsored ADR		2,800		168,420		0.3	%
Other Securities				3,153,833		4.7	%
TOTAL — GERMANY				3,975,357		6.0	%
GREECE — (1.5%)
COMMON STOCKS — (1.5%)
Alpha Bank A.E.		12,756		186,237		0.3	%

INTERNATIONAL VECTOR EQUITY PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
Piraeus Bank S.A.		10,797	$	136,967		0.2	%
Other Securities				764,207		1.1	%
TOTAL — GREECE				1,087,411		1.6	%
HONG KONG — (1.3%)
COMMON STOCKS — (1.3%)
Other Securities				912,216		1.4	%
IRELAND — (0.6%)
COMMON STOCKS — (0.6%)
Other Securities				421,582		0.6	%
ITALY — (3.2%)
COMMON STOCKS — (3.2%)
Banco Popolare Scarl		21,525		268,523		0.4	%
Telecom Italia SpA Sponsored ADR		17,560		200,184		0.3	%
Unione di Banche Italiane ScpA		7,655		129,141		0.2	%
Other Securities				1,690,907		2.5	%
TOTAL — ITALY				2,288,755		3.4	%
JAPAN — (21.3%)
COMMON STOCKS — (21.3%)
Honda Motor Co., Ltd. Sponsored ADR		5,400		133,758		0.2	%
Toyota Motor Corp. Sponsored ADR		2,500		190,225		0.3	%
Other Securities				15,080,093		22.6	%
TOTAL — JAPAN				15,404,076		23.1	%
NETHERLANDS — (2.1%)
COMMON STOCKS — (2.1%)
Koninklijke DSM NV		4,860		135,343		0.2	%
Other Securities				1,398,865		2.1	%
TOTAL — NETHERLANDS				1,534,208		2.3	%
NEW ZEALAND — (0.2%)
COMMON STOCKS — (0.2%)
Other Securities				161,539		0.2	%
NORWAY — (0.7%)
COMMON STOCKS — (0.7%)
Other Securities				527,836		0.8	%
PORTUGAL — (0.5%)
COMMON STOCKS — (0.5%)
Other Securities				358,261		0.5	%
SINGAPORE — (0.9%)
COMMON STOCKS — (0.9%)
Other Securities				656,478		1.0	%
SPAIN — (2.9%)
COMMON STOCKS — (2.9%)
Banco Bilbao Vizcaya Argentaria SA Sponsored ADR		10,892		126,347		0.2	%
# Banco Santander SA Sponsored ADR		29,720		319,193		0.5	%
Other Securities				1,624,979		2.4	%
TOTAL — SPAIN				2,070,519		3.1	%

INTERNATIONAL VECTOR EQUITY PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
SWEDEN — (1.5%)
COMMON STOCKS — (1.5%)
Other Securities			$	1,109,505		1.7	%
SWITZERLAND — (6.5%)
COMMON STOCKS — (6.5%)
# Adecco SA		3,737		129,999		0.2	%
* Compagnie Financiere Richemont SA Series A		6,448		135,554		0.2	%
Credit Suisse Group AG Sponsored ADR		9,496		355,150		0.5	%
Holcim, Ltd.		6,399		363,458		0.6	%
Nestle SA		3,632		141,238		0.2	%
Novartis AG ADR		4,500		229,455		0.4	%
Roche Holding AG Genusschein		1,233		188,559		0.3	%
Swatch Group AG		848		132,325		0.2	%
Swiss Re		3,169		132,159		0.2	%
Zurich Financial SVCS AG		2,043		414,479		0.6	%
Other Securities				2,437,265		3.6	%
TOTAL — SWITZERLAND				4,659,641		7.0	%
UNITED KINGDOM — (15.5%)
COMMON STOCKS — (15.5%)
Aviva P.L.C.		31,530		188,077		0.3	%
Barclays P.L.C.		45,647		130,851		0.2	%
BP P.L.C. Sponsored ADR		11,884		590,635		0.9	%
HSBC Holdings P.L.C. Sponsored ADR		9,436		556,724		0.8	%
International Power P.L.C.		51,369		183,773		0.3	%
Kingfisher P.L.C.		80,758		149,059		0.2	%
Legal and General Group P.L.C.		197,426		227,058		0.3	%
Royal Dutch Shell P.L.C. ADR		14,348		793,301		1.2	%
RSA Insurance Group P.L.C.		79,072		175,843		0.3	%
SABmiller P.L.C.		11,345		180,201		0.3	%
Sainsbury (J.) P.L.C.		35,804		163,559		0.3	%
Standard Chartered P.L.C.		21,476		354,934		0.5	%
Vodafone Group P.L.C. Sponsored ADR		31,000		597,370		0.9	%
Xstrata P.L.C.		10,486		179,356		0.3	%
Other Securities				6,772,673		10.0	%
TOTAL — UNITED KINGDOM				11,243,414		16.8	%
	Face Amount		Value†
	(000)
TEMPORARY CASH INVESTMENTS — (7.1%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $7,325,000 FHLMC 5.50%, 09/15/32, valued at $5,204,672) to be repurchased at $5,127,402	$	5,127		5,127,000		7.7	%
	Shares
SECURITIES LENDING COLLATERAL — (6.7%)
§ @ DFA Short Term Investment Fund LP		2,860,330		2,860,330		4.3	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securities 0.18%, 11/03/08 (Collateralized by $2,073,846 FNMA 5.125%, 04/15/11, valued at $2,113,951) to be repurchased at $2,032,089	$	2,032		2,032,059		3.0	%
TOTAL SECURITIES LENDING COLLATERAL				4,892,389		7.3	%
TOTAL INVESTMENTS — (100.0%) (Cost $89,320,612)			$	72,436,491		108.5	%

See accompanying Notes to Financial Statements.
86

DFA INVESTMENT DIMENSIONS GROUP INC.

SCHEDULES OF INVESTMENTS
October 31, 2008

EMERGING MARKETS PORTFOLIO

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The Emerging Markets Series of The DFA Investment Trust Company	$	1,508,865,682
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $1,146,106,855)	$	1,508,865,682

EMERGING MARKETS SMALL CAP PORTFOLIO

	Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The Emerging Markets Small Cap Series of The DFA Investment Trust Company	$	547,573,803
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $790,237,740)	$	547,573,803

See accompanying Notes to Financial Statements.

EMERGING MARKETS CORE EQUITY PORTFOLIO

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value††		Percentage of Net Assets**
BRAZIL — (11.2%)
COMMON STOCKS — (4.5%)
Companhia Siderurgica Nacional SA Sponsored ADR		445,284	$	6,055,862		0.5	%
Companhia Vale do Rio Doce ADR		560,690		7,356,253		0.6	%
Petroleo Brasileiro SA ADR (71654V101)		419,036		9,248,124		0.8	%
Petroleo Brasileiro SA ADR (71654V408)		304,110		8,177,518		0.7	%
Other Securities				30,670,565		2.7	%
TOTAL COMMON STOCKS				61,508,322		5.3	%
PREFERRED STOCKS — (6.7%)
Banco Bradesco SA Sponsored ADR		809,450		9,470,565		0.8	%
Banco Itau Holding Financeira SA ADR		557,000		6,160,420		0.5	%
Companhia Vale do Rio Doce Sponsored ADR		486,200		5,693,402		0.5	%
Gerdau SA Sponsored ADR		678,100		4,346,621		0.4	%
Investimentos Itau SA		1,852,047		6,154,968		0.5	%
Unibanco-Uniao de Bancos Brasileiros SA ADR		163,766		10,330,359		0.9	%
Usinas Siderurgicas de Minas Gerais SA Series A		330,300		4,268,821		0.4	%
Other Securities				46,172,990		4.0	%
TOTAL PREFERRED STOCKS				92,598,146		8.0	%
TOTAL — BRAZIL				154,106,468		13.3	%
CHILE — (2.1%)
COMMON STOCKS — (2.1%)
Other Securities				29,381,915		2.5	%
CHINA — (11.8%)
COMMON STOCKS — (11.8%)
# Bank of China, Ltd.		13,954,000		4,074,412		0.4	%
# China Construction Bank Corp.		16,423,000		8,147,109		0.7	%
# China Life Insurance Co., Ltd. ADR		159,456		6,317,647		0.6	%
China Mobile, Ltd. Sponsored ADR		318,041		13,958,819		1.2	%
# China Petroleum and Chemical Corp. (Sinopec) ADR		88,600		5,761,658		0.5	%
# China Telecom Corp., Ltd. ADR		178,921		6,306,965		0.6	%
# China Unicom Hong Kong, Ltd. ADR		497,782		7,173,039		0.6	%
CNOOC, Ltd. ADR		195,076		15,935,758		1.4	%
# Industrial and Commercial Bank of China (Asia), Ltd.		21,941,000		10,323,691		0.9	%
PetroChina Co., Ltd. ADR		255,073		19,023,344		1.7	%
Other Securities				64,692,777		5.4	%
TOTAL COMMON STOCKS				161,715,219		14.0	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				18		0.0	%
TOTAL — CHINA				161,715,237		14.0	%
CZECH REPUBLIC — (1.0%)
COMMON STOCKS — (1.0%)
CEZ A.S.		119,417		5,222,839		0.4	%
Other Securities				8,416,690		0.8	%
TOTAL — CZECH REPUBLIC				13,639,529		1.2	%
HUNGARY — (0.7%)
COMMON STOCKS — (0.7%)
# MOL Hungarian Oil & Gas NYRT		67,986		3,678,169		0.3	%
Other Securities				5,347,108		0.5	%
TOTAL — HUNGARY				9,025,277		0.8	%

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
INDIA — (8.3%)
COMMON STOCKS — (8.3%)
ICICI Bank, Ltd. Sponsored ADR		265,553	$	4,538,301		0.4	%
Infosys Technologies, Ltd.		216,263		6,253,677		0.6	%
Reliance Communications, Ltd.		858,243		3,927,113		0.4	%
Reliance Industries, Ltd.		492,942		13,925,905		1.2	%
Other Securities				85,205,141		7.3	%
TOTAL COMMON STOCKS				113,850,137		9.9	%
PREFERRED STOCKS — (0.0%)
Other Securities				4,864		0.0	%
TOTAL — INDIA				113,855,001		9.9	%
INDONESIA — (1.8%)
COMMON STOCKS — (1.8%)
Other Securities				24,765,120		2.1	%
ISRAEL — (2.9%)
COMMON STOCKS — (2.9%)
Teva Pharmaceutical Industries, Ltd. Sponsored ADR		365,580		15,676,070		1.4	%
Other Securities				24,110,482		2.0	%
TOTAL — ISRAEL				39,786,552		3.4	%
MALAYSIA — (3.7%)
COMMON STOCKS — (3.7%)
Other Securities				51,107,676		4.4	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				13,758		0.0	%
TOTAL — MALAYSIA				51,121,434		4.4	%
MEXICO — (5.6%)
COMMON STOCKS — (5.6%)
America Movil S.A.B. de C.V. Series L ADR		345,275		10,682,809		0.9	%
Cemex S.A.B. de C.V. Sponsored ADR		691,959		5,231,210		0.5	%
Fomento Economico Mexicano S.A.B. de C.V. Sponsored ADR		255,840		6,470,194		0.6	%
# Grupo Elektra S.A. de C.V.		173,466		4,691,232		0.4	%
Grupo Televisa S.A. de C.V. Sponsored ADR		281,120		4,964,579		0.4	%
*# Organizacion Soriana S.A.B. de C.V. Series B		1,753,000		3,524,392		0.3	%
# Telefonos de Mexico S.A.B. de C.V. Sponsored ADR		223,825		4,010,944		0.3	%
# Wal-Mart de Mexico S.A.B. de C.V. Series V		1,491,439		3,998,807		0.3	%
Other Securities				32,655,405		2.9	%
TOTAL — MEXICO				76,229,572		6.6	%
PHILIPPINES — (0.6%)
COMMON STOCKS — (0.6%)
Other Securities				8,306,988		0.7	%
POLAND — (2.2%)
COMMON STOCKS — (2.2%)
Bank Pekao SA		97,129		4,417,546		0.4	%
Polski Koncern Naftowy Orlen SA		443,752		4,524,939		0.4	%
Telekomunikacja Polska SA		474,790		3,587,594		0.3	%
Other Securities				18,294,860		1.6	%
TOTAL — POLAND				30,824,939		2.7	%
SINGAPORE — (0.0%)
COMMON STOCKS — (0.0%)
Other Securities				30,724		0.0	%

EMERGING MARKETS CORE EQUITY PORTFOLIO

CONTINUED

	Shares		Value††		Percentage of Net Assets**
SOUTH AFRICA — (8.3%)
COMMON STOCKS — (8.3%)
# ABSA Group, Ltd.		340,644	$	3,563,965		0.3	%
MTN Group, Ltd.		607,384		6,820,384		0.6	%
Naspers, Ltd. Series N		304,267		5,065,523		0.4	%
Sanlam, Ltd.		2,765,031		4,537,679		0.4	%
Sasol, Ltd. Sponsored ADR		346,200		10,015,566		0.9	%
Standard Bank Group, Ltd.		887,882		7,050,040		0.6	%
Other Securities				77,418,553		6.7	%
TOTAL — SOUTH AFRICA				114,471,710		9.9	%
SOUTH KOREA — (9.3%)
COMMON STOCKS — (9.3%)
# POSCO ADR		81,540		5,478,673		0.5	%
Samsung Electronics Co., Ltd.		38,414		16,195,483		1.4	%
Other Securities				105,217,713		9.1	%
TOTAL — SOUTH KOREA				126,891,869		11.0	%
TAIWAN — (9.7%)
COMMON STOCKS — (9.7%)
AU Optronics Corp. Sponsored ADR		647,118		4,465,113		0.4	%
Formosa Chemicals & Fiber Co., Ltd.		2,276,830		3,680,731		0.3	%
Taiwan Semiconductor Manufacturing Co., Ltd.		5,033,477		7,323,992		0.7	%
Other Securities				117,157,356		10.1	%
TOTAL — TAIWAN				132,627,192		11.5	%
THAILAND — (1.6%)
COMMON STOCKS — (1.6%)
Other Securities				21,709,671		1.9	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				16,299		0.0	%
TOTAL — THAILAND				21,725,970		1.9	%
TURKEY — (1.7%)
COMMON STOCKS — (1.7%)
Other Securities				22,693,417		2.0	%
	Face Amount		Value†
	(000)
TEMPORARY CASH INVESTMENTS — (3.1%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $49,865,000 FNMA 6.00%, 03/01/37, valued at $42,858,267) to be repurchased at $42,224,307	$	42,221		42,221,000		3.7	%
	Shares
SECURITIES LENDING COLLATERAL — (14.4%)
§@ DFA Short Term Investment Fund LP		195,457,469		195,457,469		16.9	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securities 0.25%, 11/03/08 (Collateralized by $2,665,959 FHLMC 5.500%, 09/01/38, valued at $2,607,977) to be repurchased at $2,556,893	$	2,557		2,556,840		0.2	%
TOTAL SECURITIES LENDING COLLATERAL				198,014,309		17.1	%
TOTAL INVESTMENTS — (100.0%) (Cost $1,903,771,272)			$	1,371,434,223		118.7	%

See accompanying Notes to Financial Statements.
90

DFA INVESTMENT DIMENSIONS GROUP INC.

SCHEDULES OF INVESTMENTS

October 31, 2008

DFA ONE-YEAR FIXED INCOME PORTFOLIO

	Shares		Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The DFA One-Year Fixed Income Series of The DFA Investment Trust Company		320,437,336	$	3,194,749,812
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $3,188,446,253)			$	3,194,749,812

DFA TWO-YEAR GLOBAL FIXED INCOME PORTFOLIO

	Shares		Value†
AFFILIATED INVESTMENT COMPANY — (100.0%)
Investment in The DFA Two-Year Global Fixed Income Series of The DFA Investment Trust Company		302,256,100	$	3,125,328,074
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANY (Cost $3,038,123,715)			$	3,125,328,074

See accompanying Notes to Financial Statements.

DFA SELECTIVELY HEDGED GLOBAL FIXED INCOME PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2008

	Face Amount^		Value†
	(000)
AUSTRALIA — (6.2%)
BONDS — (6.2%)
Australia & New Zealand Banking Group, Ltd. 5.750%, 11/10/08		5,146	$	3,419,403
National Australia Bank, Ltd. (c) 4.750%, 11/28/08		450		373,463
(g) 4.250%, 12/30/08		215		344,875
National Australia Bank, Ltd. Floating Rate Note (r)(e) 4.917%, 07/27/09		2,500		3,132,614
Toyota Finance Australia 5.260%, 12/19/08		4,800		3,186,655
Westpac Banking Corp. Floating Rate Note (r)(e) 5.011%, 12/22/09		1,750		2,191,052
TOTAL — AUSTRALIA				12,648,062
AUSTRIA — (0.9%)
BONDS — (0.9%)
Oesterreichischen Kontrollbank AG (g) 6.000%, 06/15/09		1,060		1,732,382
CANADA — (2.3%)
BONDS — (2.3%)
Canadian Government (e) 4.500%, 04/28/09		3,218		4,100,874
Export Development Canada (z) 6.500%, 02/23/09		1,000		581,227
TOTAL — CANADA				4,682,101
DENMARK — (2.3%)
BONDS — (2.3%)
Denmark, Kingdom of 6.000%, 11/15/09		2,600		450,711
Kommunekredit 5.500%, 08/13/09		24,700		4,225,278
TOTAL — DENMARK				4,675,989
FRANCE — (4.0%)
BONDS — (4.0%)
BNP Paribas Finance, Inc. Floating Rate Note (r) 5.463%, 04/14/10		3,850		4,878,963
Caisse D'Amortissement de la Dette Sociale (z) 7.000%, 01/30/09		5,692		3,313,923
TOTAL — FRANCE				8,192,886

	Face Amount^		Value†
	(000)
GERMANY — (7.0%)
BONDS — (7.0%)
Deutsche Bank AG (n) 4.500%, 05/15/09		20,600	$	3,022,422
Kreditanstalt fuer Wiederaufbau (s) 3.750%, 01/28/09		22,000		2,824,752
(t) 6.125%, 02/05/09		1,200		798,518
(z) 6.000%, 07/15/09		3,300		1,914,931
Landwirtschaftliche Rentenbank (z) 5.700%, 03/26/09		2,987		1,731,929
3.375%, 09/22/09		2,300		2,912,888
L-Bank Landeskreditbank Baden-Wuerttemberg Foerderbank (c) 4.500%, 01/26/09		800		665,562
Norddeutsche Landesbank Girozentrale AG (j) 0.450%, 01/19/09		32,000		324,482
TOTAL — GERMANY				14,195,484
IRELAND — (2.7%)
BONDS — (2.7%)
General Electric Capital Corp. Floating Rate Note (g)(r) 6.228%, 02/01/10		3,600		5,537,280
JAPAN — (1.0%)
BONDS — (1.0%)
Toyota Motor Credit Corp. (g) 4.000%, 12/11/08		1,220		1,959,484
NETHERLANDS — (5.7%)
BONDS — (5.7%)
Bank Nederlandse Gemeenten (g) 4.625%, 12/07/08		255		410,577
(z) 5.250%, 06/17/09		4,272		2,465,525
Nederlandse Waterschapsbank N.V. (g) 4.625%, 12/30/08		1,962		3,160,671
Rabobank Nederland (s) 2.250%, 05/08/09		11,100		1,410,410
3.750%, 09/15/09		3,310		4,179,293
TOTAL — NETHERLANDS				11,626,476
NORWAY — (3.1%)
BONDS — (3.1%)
Eksportfinans (z) 6.700%, 02/19/09		2,600		1,512,607
Kommunalbanken (z) 6.700%, 03/16/09		3,400		1,977,803
(t) 5.350%, 06/15/09		2,635		1,752,139
5.000%, 07/14/09		7,000		1,036,183
TOTAL — NORWAY				6,278,732

DFA SELECTIVELY HEDGED GLOBAL FIXED INCOME PORTFOLIO

CONTINUED

	Face Amount^		Value†
	(000)
SPAIN — (1.4%)
BONDS — (1.4%)
Santander International Debt SA Floating Rate Note (r) 5.008%, 10/21/09		2,200	$	2,748,162
SUPRANATIONAL ORGANIZATION OBLIGATIONS — (4.0%)
BONDS — (4.0%)
European Investment Bank (g) 6.250%, 12/07/08		800		1,290,005
(s) 4.000%, 04/15/09		6,000		769,760
Nordic Investment Bank (g) 5.750%, 11/06/08		710		1,142,689
World Bank (International Bank for Reconstruction & Development) (z) 5.500%, 11/03/08		425		247,520
(t) 4.850%, 01/29/09		2,633		1,746,064
(z) 6.375%, 07/15/09		5,200		3,024,827
TOTAL — SUPRANATIONAL ORGANIZATION OBLIGATIONS				8,220,865
SWEDEN — (7.2%)
BONDS — (7.2%)
City of Stockholm 3.375%, 03/08/10		10,000		1,268,167
Kommuninvest (t) 4.900%, 04/20/09		8,550		5,647,234
Svensk Exportkredit AB (z) 6.752%, 03/17/09		1,155		672,241
Sweden Government Bond 4.000%, 12/01/09		11,000		1,436,521
Swedish Export Credit Corp. (z) 6.000%, 12/19/08		880		511,624
(d) 5.375%, 10/15/09		30,000		5,124,455
TOTAL — SWEDEN				14,660,242
UNITED KINGDOM — (6.9%)
BONDS — (6.9%)
Bank of England (e) 3.000%, 01/27/09		1,320		1,675,173
Bank of Scotland 4.500%, 12/17/08		560		895,991
BP Capital Markets P.L.C. 5.125%, 12/07/08		1,625		2,616,651
5.375%, 01/09/09		2,080		3,352,838
Network Rail Finance P.L.C. 4.875%, 03/06/09		3,370		5,442,747
TOTAL — UNITED KINGDOM				13,983,400

	Face Amount		Value†
	(000)
UNITED STATES — (41.6%)
AGENCY OBLIGATIONS — (6.5%)
Federal Farm Credit Bank 2.750%, 05/04/10	$	2,000	$	1,984,586
Federal Home Loan Bank 4.250%, 06/11/10		1,300		1,319,618
2.750%, 06/18/10		6,300		6,248,182
3.500%, 07/16/10		2,300		2,308,547
3.375%, 08/13/10		1,300		1,302,307
TOTAL AGENCY OBLIGATIONS				13,163,240
BONDS — (13.7%)
Banco Santander SA Floating Rate Note (r) 4.731%, 03/16/09		500		632,029
Bank of America Corp. 4.500%, 08/01/10		1,472		1,432,160
Bank of New York Mellon Corp. Floating Rate Note (r) 3.495%, 02/05/10		600		588,239
Deutsche Bank AG Floating Rate Note (r) 4.579%, 09/08/09		2,000		2,520,552
General Electric Capital Corp. (g) 4.500%, 12/15/08		175		280,455
Georgia Power Co. Floating Rate Note (r) 3.400%, 03/17/10		500		498,223
IBM International Group Floating Rate Note (r) 3.584%, 07/29/09		200		199,177
John Deere Capital Corp. Floating Rate Note (r) 2.999%, 10/16/09		2,100		2,106,342
(r) 3.530%, 02/26/10		500		468,972
JPMorgan Chase & Co. Floating Rate Note (r) 5.255%, 11/19/09		600		598,996
(r) 2.748%, 05/07/10		1,500		1,443,875
(r) 2.810%, 05/07/10		3,600		3,457,890
Paccar Financial Corp. Floating Rate Note (r) 4.966%, 09/21/09		300		299,410
Paccar Financial Europe Floating Rate Note (r) 4.858%, 09/29/09		400		503,237
Toyota Motor Credit Corp. (n) 4.625%, 01/22/10		4,200		599,877
Wachovia Corp. Floating Rate Note (r) 5.465%, 11/24/09		500		485,755
Wal-Mart Stores, Inc. 6.875%, 08/10/09		2,050		2,113,517
4.000%, 01/15/10		2,500		2,512,945
Wells Fargo Bank & Co. 4.200%, 01/15/10		1,500		1,477,824
Wells Fargo Bank & Co. Floating Rate Note (r) 2.861%, 03/23/10		5,800		5,652,216
TOTAL BONDS				27,871,691

DFA SELECTIVELY HEDGED GLOBAL FIXED INCOME PORTFOLIO

CONTINUED

	Face Amount		Value†
	(000)
CERTIFICATES OF DEPOSIT INTEREST BEARING — (6.4%)
ABN-AMRO Bank NV 3.035%, 02/13/09	$	7,500	$	7,487,250
Barclays Bank P.L.C. 3.430%, 07/10/09		2,000		1,995,772
3.430%, 08/07/09		1,000		997,732
BNP Paribas Finance, Inc. 3.190%, 08/14/09		1,500		1,493,779
UBS AG 3.390%, 07/13/09		900		897,832
TOTAL CERTIFICATES OF DEPOSIT INTEREST BEARING				12,872,365
COMMERCIAL PAPER — (15.0%)
Abbey National North America 2.970%, 02/09/09		1,400		1,386,964
2.990%, 02/20/09		1,500		1,484,371
Bank of America Corp. 2.980%, 03/09/09		3,000		2,963,773
Bank of Scotland P.L.C. 3.003%, 01/08/09		1,900		1,888,682
3.045%, 01/12/09		4,000		3,974,507
Nordea North America, Inc. 3.030%, 05/05/09		6,000		5,901,730
3.000%, 05/11/09		1,500		1,474,640

	Face Amount		Value†
	(000)
Royal Bank of Scotland P.L.C. 3.000%, 02/04/09	$	6,500	$	6,442,696
Societe Generale North America 3.005%, 02/12/09		3,000		2,971,166
3.100%, 05/01/09		2,000		1,967,948
TOTAL COMMERCIAL PAPER				30,456,477
TOTAL — UNITED STATES				84,363,773
TEMPORARY CASH INVESTMENTS — (3.7%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $48,180,000 FNMA 3.50%, 03/25/33, valued at $7,545,649) to be repurchased at $7,434,582	$	7,434		7,434,000
TOTAL INVESTMENTS — (100.0%) (Cost $231,706,349)			$	202,939,318

See accompanying Notes to Financial Statements.
94

DFA FIVE-YEAR GOVERNMENT PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2008

	Face Amount		Value†
	(000)
AGENCY OBLIGATIONS — (50.3%)
Federal Home Loan Bank 2.625%, 05/20/11	$	50,200	$	49,280,989
3.375%, 06/24/11		6,300		6,268,809
5.375%, 08/19/11		50,000		52,356,100
3.750%, 09/09/11		40,000		40,321,960
3.625%, 09/16/11		50,000		50,232,650
4.875%, 11/18/11		50,000		51,893,650
5.750%, 05/15/12		150,000		157,443,600
4.625%, 10/10/12		100,000		101,599,200
Federal Home Loan Bank Discount Note (y) 2.516%, 04/16/09		35,000		34,638,065
Tennessee Valley Authority 5.625%, 01/18/11		10,930		11,416,942
TOTAL AGENCY OBLIGATIONS				555,451,965
U.S. TREASURY OBLIGATIONS — (49.7%)
U.S. Treasury Notes 4.375%, 08/15/12		51,200		55,516,006
4.125%, 08/31/12		246,400		264,995,562
4.250%, 09/30/12		211,000		228,193,124
TOTAL U.S. TREASURY OBLIGATIONS				548,704,692
TEMPORARY CASH INVESTMENTS — (0.0%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $500,000 FHLMC 6.275%(r), 09/01/36, valued at $374,310) to be repurchased at $366,029		366		366,000
TOTAL INVESTMENTS — (100.0%) (Cost $1,099,202,383)			$	1,104,522,657

See accompanying Notes to Financial Statements.
95

DFA FIVE-YEAR GLOBAL FIXED INCOME PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2008

	Face Amount^		Value†
	(000)
AUSTRIA — (3.8%)
BONDS — (3.8%)
Oesterreichischen Kontrollbank AG (j) 1.800%, 03/22/10		1,578,000	$	16,251,269
PfandBriefstelle der Oesterreichischen Landes-Hypothekenbanken (j) 1.600%, 02/15/11		10,546,000		108,619,518
TOTAL — AUSTRIA				124,870,787
CANADA — (0.9%)
BONDS — (0.9%)
Ontario, Province of (j) 1.875%, 01/25/10		2,910,000		29,944,819
DENMARK — (0.9%)
BONDS — (0.9%)
Kommunekredit (f) 3.000%, 11/19/08		33,000		28,460,501
FRANCE — (1.0%)
BONDS — (1.0%)
Dexia Municipal Agency (f) 4.000%, 03/08/10		18,000		15,438,217
Total Capital SA (f) 1.625%, 07/12/11		9,650		8,114,903
(u) 5.000%, 05/22/12		9,900		10,181,388
TOTAL — FRANCE				33,734,508
GERMANY — (5.4%)
BONDS — (5.4%)
Bayerische Landesbank (f) 3.125%, 02/10/09		8,000		6,907,738
(j) 1.000%, 09/20/10		2,950,000		30,053,735
Kreditanstalt fuer Wiederaufbau (s) 3.750%, 01/28/09		15,560		1,997,870
(j) 1.750%, 03/23/10		3,090,000		31,832,646
(j) 1.850%, 09/20/10		3,580,000		37,093,503
Norddeutsche Landesbank Girozentrale AG (j) 0.900%, 02/08/10		6,700,000		68,097,600
TOTAL — GERMANY				175,983,092
JAPAN — (2.2%)
BONDS — (2.2%)
Japan Finance Corp. for Municipal Enterprises 1.550%, 02/21/12		7,050,000		73,083,259
NETHERLANDS — (3.4%)
BONDS — (3.4%)
Nederlandse Waterschapsbank NV (f) 3.500%, 10/29/09		3,000		2,602,490
Rabobank Nederland (s) 2.250%, 05/08/09		37,000		4,701,365
(j) 0.800%, 02/03/11		10,185,000		102,852,475
TOTAL — NETHERLANDS				110,156,330

	Face Amount^		Value†
	(000)
NORWAY — (2.7%)
BONDS — (2.7%)
Eksportfinans (f) 2.000%, 03/17/09		17,000		$14,619,209
(j) 1.800%, 06/21/10		7,298,000		75,296,009
TOTAL — NORWAY				89,915,218
SPAIN — (0.9%)
BONDS — (0.9%)
Instituto de Credito Oficial (j) 1.500%, 09/20/12		2,980,000		30,934,433
SUPRANATIONAL ORGANIZATION OBLIGATIONS — (3.3%)
BONDS — (3.3%)
African Development Bank (j) 1.950%, 03/23/10		1,000,000		10,303,065
European Investment Bank (j) 1.250%, 09/20/12		9,475,000		97,595,578
Oresundsbro Konsortiet (s) 6.000%, 04/20/09		9,000		1,163,844
TOTAL — SUPRANATIONAL ORGANIZATION OBLIGATIONS				109,062,487
SWEDEN — (1.1%)
BONDS — (1.1%)
Kommuninvest (t) 5.050%, 02/24/09		11,650		7,729,407
4.100%, 05/11/09		156,000		20,004,165
(f) 2.250%, 12/14/09		9,260		7,931,517
TOTAL — SWEDEN				35,665,089
SWITZERLAND — (0.2%)
BONDS — (0.2%)
UBS AG 0.875%, 12/29/09		6,700		5,508,906
UNITED STATES — (73.3%)
AGENCY OBLIGATIONS — (31.9%)
Federal Farm Credit Bank 4.250%, 07/08/13		50,000		49,804,050
Federal Home Loan Bank 2.625%, 05/20/11		50,000		49,084,650
5.375%, 08/19/11		50,000		52,356,100
3.625%, 09/16/11		50,000		50,232,650
4.875%, 11/18/11		119,500		124,025,823
5.750%, 05/15/12		50,000		52,481,200
3.625%, 05/29/13		37,500		36,447,412
Federal Home Loan Bank Discount Note (y) 2.387%, 03/30/09		53,000		52,541,179
Federal Home Loan Mortgage Corporation 6.000%, 06/15/11		50,000		53,499,850
3.875%, 06/29/11		100,000		101,783,000
4.750%, 03/05/12		100,000		103,244,800

DFA FIVE-YEAR GLOBAL FIXED INCOME PORTFOLIO

CONTINUED

	Face Amount		Value†
	(000)
Federal National Mortgage Association 6.000%, 05/15/11		$50,000		$53,080,350
5.375%, 11/15/11		57,100		60,184,257
5.000%, 02/16/12		50,000		51,943,550
6.125%, 03/15/12		50,000		54,057,800
4.875%, 05/18/12		100,000		102,474,500
TOTAL AGENCY OBLIGATIONS				1,047,241,171
BONDS — (32.7%)
3M Co. 4.375%, 08/15/13		9,600		9,459,907
American Express Credit Floating Rate Note (r) 5.858%, 04/06/09		20,000		19,222,457
American International Group, Inc. (j) 1.400%, 04/03/12		5,000,000		29,284,083
Bank of America Corp. 4.900%, 05/01/13		54,265		50,195,396
Citigroup Funding, Inc. Floating Rate Note (r) 5.449%, 10/22/09		90,000		87,371,190
CME Group, Inc. Floating Rate Note (r) 3.300%, 08/06/10		15,400		15,386,833
General Electric Capital Corp. (j) 1.450%, 11/10/11		8,000,000		71,064,054
4.800%, 05/01/13		34,800		31,274,273
Georgia Power Co. Floating Rate Note (r) 3.400%, 03/17/10		9,400		9,366,592
Hewlett-Packard Co. Floating Rate Note (r) 5.051%, 06/15/10		80,000		77,884,720
John Deere Capital Corp. Floating Rate Note (r) 3.530%, 02/26/10		87,900		82,445,278
JPMorgan Chase & Co. 4.750%, 05/01/13		15,000		13,901,085
JPMorgan Chase & Co. Floating Rate Note (r) 5.255%, 11/19/09		90,000		89,849,340
Merck & Co., Inc. 4.375%, 02/15/13		30,506		29,476,911

	Face Amount			Value†
	(000)
Paccar Financial Corp. Floating Rate Note (r) 5.494%, 12/03/10		$47,900			$47,752,085
(r) 3.438%, 04/01/11		37,000			36,861,287
Toyota Motor Credit Corp. (j) 0.550%, 06/30/10		4,423,000			44,680,292
(j) 1.300%, 03/16/12		6,490,000			66,593,158
Wachovia Corp. Floating Rate Note (r) 5.465%, 11/24/09		95,000			92,293,355
Wal-Mart Stores, Inc. 4.250%, 04/15/13		18,500			17,978,726
7.250%, 06/01/13		47,800			51,299,581
Wells Fargo Bank & Co. 5.250%, 10/23/12		87,700			83,920,130
4.375%, 01/31/13		17,000			15,695,318
TOTAL BONDS					1,073,256,051
U.S. TREASURY OBLIGATIONS — (8.7%)
U.S. Treasury Notes 4.375%, 08/15/12		57,700			62,563,937
4.125%, 08/31/12		58,000			62,377,202
4.250%, 09/30/12		148,300			160,384,077
TOTAL U.S. TREASURY OBLIGATIONS			��		285,325,216
TOTAL — UNITED STATES					2,405,822,438
TEMPORARY CASH INVESTMENTS — (0.9%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $35,875,000 FNMA 5.058%(r) 01/01/36, valued at $29,537,510) to be repurchased at $29,100,279	$	29,098			29,098,000
TOTAL INVESTMENTS — (100.0%) (Cost $3,187,150,477)				$	3,282,239,867

See accompanying Notes to Financial Statements.
97

DFA INTERMEDIATE GOVERNMENT FIXED INCOME PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2008

	Face Amount		Value†
	(000)
AGENCY OBLIGATIONS — (65.0%)
Federal Farm Credit Bank 6.700%, 11/22/10	$	2,000	$	2,136,120
6.135%, 12/13/10		4,000		4,228,512
6.000%, 03/07/11		9,000		9,521,415
6.740%, 04/11/11		1,000		1,076,401
4.800%, 05/24/11		3,300		3,406,395
6.300%, 06/06/11		2,800		2,999,567
4.250%, 07/11/11		13,600		13,868,178
4.350%, 11/02/11		8,000		8,196,144
4.200%, 11/07/11		6,650		6,784,363
4.300%, 11/23/11		5,500		5,625,460
6.260%, 12/02/11		2,000		2,158,838
4.950%, 12/22/11		9,000		9,373,464
5.230%, 02/14/12		12,000		12,599,088
4.500%, 03/14/12		8,500		8,730,673
4.625%, 03/16/12		7,000		7,217,259
5.000%, 06/01/12		4,295		4,471,052
4.480%, 08/24/12		12,000		12,215,352
6.280%, 11/26/12		3,000		3,236,370
4.400%, 01/03/13		11,000		11,089,298
4.150%, 05/15/13		10,000		9,940,160
5.580%, 07/03/13		23,000		24,193,677
3.880%, 07/08/13		7,000		6,861,050
4.920%, 08/26/13		4,125		4,219,805
4.710%, 10/18/13		7,000		7,086,646
4.900%, 01/16/14		5,700		5,798,536
5.300%, 02/18/14		12,000		12,414,084
5.250%, 06/05/14		14,400		14,805,029
4.375%, 06/30/14		3,915		3,852,564
8.160%, 09/30/14		3,615		4,233,942
4.700%, 12/10/14		4,000		3,969,460
4.375%, 02/17/15		14,300		13,918,376
6.030%, 03/21/16		4,700		4,964,239
5.050%, 03/08/17		10,000		9,699,000
5.625%, 08/18/17		4,000		4,082,184
5.100%, 09/03/19		9,000		8,817,300
5.320%, 09/03/19		21,300		21,249,093
5.150%, 11/15/19		11,200		11,012,053
4.670%, 05/07/20		5,600		5,256,894
5.350%, 08/07/20		6,700		6,663,961
5.250%, 03/02/21		6,100		5,992,786
5.220%, 02/22/22		5,000		4,872,180
5.210%, 12/19/22		21,200		20,554,269
Federal Home Loan Bank 5.875%, 02/15/11		7,000		7,374,885
4.500%, 05/13/11		2,045		2,099,201
6.000%, 05/13/11		10,205		10,863,651
7.200%, 06/14/11		3,000		3,282,213
5.750%, 08/15/11		12,000		12,731,304
5.000%, 10/13/11		25,000		26,062,300
5.625%, 11/15/11		5,000		5,302,245
5.625%, 02/15/12		6,100		6,478,517
5.750%, 05/15/12		16,300		17,108,871
4.625%, 08/15/12		15,175		15,533,828
4.500%, 11/15/12		20,000		20,262,620
5.126%, 02/28/13		5,615		5,811,093

	Face Amount		Value†
	(000)
3.875%, 06/14/13	$	12,600	$	12,366,308
5.375%, 06/14/13		52,400		54,683,592
4.500%, 09/16/13		11,000		11,046,464
6.395%, 06/03/14		5,200		5,636,332
5.250%, 06/18/14		14,000		14,386,162
6.700%, 06/25/14		12,500		13,730,587
4.500%, 11/14/14		4,000		3,930,528
4.875%, 03/11/16		13,600		13,416,876
5.375%, 09/09/16		6,000		6,039,570
4.625%, 09/11/20		11,200		10,428,802
5.000%, 03/12/21		5,200		5,014,724
5.000%, 12/10/21		39,500		37,726,292
5.750%, 06/10/22		19,500		19,953,355
4.750%, 03/10/23		22,200		20,504,453
Tennessee Valley Authority 6.790%, 05/23/12		37,600		40,937,451
6.000%, 03/15/13		28,100		29,958,815
4.750%, 08/01/13		12,500		12,626,963
6.250%, 12/15/17		10,000		10,506,990
TOTAL AGENCY OBLIGATIONS				799,196,229
U.S. TREASURY OBLIGATIONS — (34.3%)
U.S. Treasury Bonds 11.250%, 02/15/15		15,500		22,019,687
10.625%, 08/15/15		11,000		15,434,375
9.875%, 11/15/15		11,600		15,928,250
9.250%, 02/15/16		9,000		12,017,808
7.250%, 05/15/16		6,000		7,172,814
7.500%, 11/15/16		10,800		13,095,000
9.000%, 11/15/18		12,200		16,612,972
8.125%, 08/15/19		3,800		4,901,704
8.750%, 08/15/20		3,200		4,337,251
8.125%, 05/15/21		29,100		38,030,062
7.250%, 08/15/22		16,200		20,007,000
7.625%, 11/15/22		12,500		15,962,888
U.S. Treasury Notes 5.750%, 08/15/10		600		646,125
4.875%, 02/15/12		62,800		68,741,445
4.375%, 08/15/12		54,700		59,311,046
4.000%, 11/15/12		9,700		10,381,270
3.875%, 02/15/13		27,600		29,161,111
3.625%, 05/15/13		7,700		8,030,861
4.250%, 08/15/13		30,100		32,223,465
4.000%, 02/15/14		18,500		19,581,103
4.875%, 08/15/16		8,200		8,738,765
TOTAL U.S. TREASURY OBLIGATIONS				422,335,002
TEMPORARY CASH INVESTMENTS — (0.7%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $8,365,000 FNMA 5.00%, 08/25/18, valued at $8,630,727) to be repurchased at $8,500,666		8,500		8,500,000
TOTAL INVESTMENTS — (100.0%) (Cost $1,198,954,801)			$	1,230,031,231

See accompanying Notes to Financial Statements.
98

DFA INFLATION-PROTECTED SECURITIES PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2008

	Face Amount		Value†
	(000)
U.S. TREASURY OBLIGATIONS — (99.6%)
U.S. Treasury Inflation Notes 3.000%, 07/15/12	$	2,100	$	2,496,005
1.875%, 07/15/13		35,700		39,845,374
2.000%, 01/15/14		30,600		33,225,294
2.000%, 07/15/14		31,700		33,604,584
1.625%, 01/15/15		28,200		28,317,580
1.875%, 07/15/15		26,500		26,318,968
2.000%, 01/15/16		30,550		29,753,192
2.500%, 07/15/16		23,200		23,171,582
2.375%, 01/15/17		28,400		28,130,918
2.625%, 07/15/17		25,200		24,962,013
1.625%, 01/15/18		27,000		24,482,380
1.375%, 07/15/18		13,300		11,543,086
2.375%, 01/15/25		21,700		21,947,483
2.000%, 01/15/26		18,400		16,755,248
2.375%, 01/15/27		12,300		11,617,562
1.750%, 01/15/28		14,200		11,693,572
TOTAL U.S. TREASURY OBLIGATIONS				367,864,841
TEMPORARY CASH INVESTMENTS — (0.4%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $2,115,000 FHLMC 6.584%(r), 03/01/37, valued at $1,478,222) to be repurchased at $1,455,114		1,455		1,455,000
TOTAL INVESTMENTS — (100.0%) (Cost $416,950,888)			$	369,319,841

See accompanying Notes to Financial Statements.
99

DFA SHORT-TERM MUNICIPAL BOND PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2008

	Face Amount		Value��
	(000)
MUNICIPAL BONDS — (98.8%)
ALABAMA — (0.4%)
Alabama State Federal Highway Finance Authority (RB) Series A (MBIA) 5.000%, 03/01/09	$	4,000	$	4,037,920
ARIZONA — (0.4%)
Maricopa County Unified School District (GO) 7.400%, 07/01/10		3,485		3,749,442
ARKANSAS — (0.7%)
Arkansas State (GO) Series A 5.500%, 08/01/09		3,885		3,992,848
Fort Smith Water & Sewer (RB) Series A (FSA) 5.000%, 10/01/09		2,850		2,939,348
TOTAL ARKANSAS				6,932,196
CALIFORNIA — (3.1%)
California State (GO) 5.250%, 11/01/09		7,695		7,909,537
California State Department Water Resources Power Supply (RB) (ETM) Series A 5.125%, 05/01/12		1,900		2,061,785
California State Economic Recovery (GO) Series A 5.000%, 01/01/11		9,100		9,465,183
California State Economic Recovery (GO) Series A (MBIA) 5.000%, 07/01/12		8,400		8,846,124
Los Angeles Wastewater (TECP) 4.500%, 11/03/08		2,500		2,500,000
TOTAL CALIFORNIA				30,782,629
COLORADO — (1.0%)
Arapahoe County School District (GO) (FSA) 5.000%, 12/15/10		9,000		9,419,850
CONNECTICUT — (2.7%)
City of Stamford (GO) 5.000%, 07/15/09		2,000		2,048,140
Connecticut State (GO) 5.000%, 03/15/12		5,000		5,279,550
Connecticut State (GO) Series C 5.000%, 12/15/09		4,000		4,133,360
Connecticut State (GO) Series G (MBIA) 4.500%, 03/15/09		5,600		5,654,040
Connecticut State (RB) Series A 5.000%, 06/30/09		5,000		5,111,500
Connecticut State Health & Educational Facility Authority (GO) Series B (MBIA) 5.000%, 12/01/12		4,000		4,249,200
TOTAL CONNECTICUT				26,475,790

	Face Amount		Value†
	(000)
DELAWARE — (2.6%)
Delaware State (GO) 5.000%, 08/01/12	$	11,370	$	12,044,127
Delaware State (GO) Series B 5.000%, 02/01/11		7,470		7,818,924
5.000%, 02/01/12		5,000		5,274,550
TOTAL DELAWARE				25,137,601
FLORIDA — (6.8%)
Broward County Sales Tax Revenue (TECP) 1.800%, 12/05/08		2,624		2,624,656
Florida Municipal Power Agency (TECP) 1.450%, 11/04/08		25,818		25,818,000
Florida State Board of Education (GO) Series C 4.000%, 06/01/09		4,000		4,051,200
Florida State Board of Education (GO) Series D 5.000%, 06/01/13		13,085		13,771,701
Florida State Department of Environmental Protection Preservation (RB) Series A (MBIA) 5.000%, 07/01/11		5,330		5,570,809
5.000%, 07/01/11		5,130		5,318,015
Florida State Department of Environmental Protection Preservation (RB) Series B (MBIA) 5.000%, 07/01/11		5,800		6,012,570
Gainesville Utilities Systems (RB) Series C (FSA) 5.000%, 10/01/09		4,000		4,119,160
TOTAL FLORIDA				67,286,111
GEORGIA — (3.6%)
Georgia State (GO) Series B 6.250%, 04/01/09		2,000		2,037,820
Georgia State (GO) Series C 5.500%, 07/01/12		8,400		9,058,140
Georgia State (GO) Series D 5.800%, 11/01/09		2,010		2,091,485
5.000%, 08/01/12		7,100		7,538,922
Henry County School District (GO) Series A 5.000%, 04/01/13		14,000		14,879,480
TOTAL GEORGIA				35,605,847
HAWAII — (0.2%)
City & County of Honolulu (GO) (ETM) Series A (MBIA) 5.000%, 03/01/10		1,255		1,301,673
City & County of Honolulu (GO) Series A (MBIA) 5.000%, 03/01/10		745		768,751
TOTAL HAWAII				2,070,424

100

DFA SHORT-TERM MUNICIPAL BOND PORTFOLIO

CONTINUED

	Face Amount		Value†
	(000)
ILLINOIS — (2.2%)
Chicago Metropolitan Water Reclamation District - Greater Chicago (GO) 5.500%, 12/01/08	$	2,000	$	2,005,420
City of Chicago (GO) Series A (FSA) 5.000%, 01/01/13		8,150		8,602,488
Illinois Education Facilities Authority (TECP) 1.600%, 11/05/08		8,000		8,000,080
Illinois State (GO) First Series (FSA) 5.500%, 04/01/09		3,000		3,046,050
TOTAL ILLINOIS				21,654,038
IOWA — (0.4%)
City of Des Moines (GO) Series B 5.000%, 06/01/09		3,680		3,748,190
KANSAS — (0.6%)
Johnson County Unified School District (GO) Series A (MBIA) 5.000%, 10/01/11		5,770		6,077,137
KENTUCKY — (1.5%)
Kentucky Asset Liability Commission (RB) First Series (MBIA) 5.000%, 09/01/11		14,300		14,945,359
MARYLAND — (6.8%)
Howard County Maryland (GO) (TECP) Series D 1.550%, 12/11/08		4,000		4,000,400
Maryland Health & Higher Educational Facilities Authority (TECP) - Johns Hopkins Hospital 3.500%, 11/03/08		16,500		16,500,000
4.000%, 11/17/08		8,500		8,505,865
1.500%, 12/03/08		2,600		2,600,312
Maryland Health & Higher Educational Facilities Authority (TECP) - Johns Hopkins University 1.600%, 11/07/08		4,625		4,625,139
1.550%, 12/05/08		5,600		5,600,448
Maryland State (GO) 5.250%, 02/15/12		5,000		5,330,750
Maryland State (GO) Series B 5.250%, 02/01/09		5,000		5,043,400
5.000%, 02/15/13		14,000		14,907,060
TOTAL MARYLAND				67,113,374
MASSACHUSETTS — (5.8%)
Harvard University (TECP) Series EE 1.400%, 12/04/08		23,600		23,600,000
Massachusetts School Building Authority (TECP) 1.520%, 12/04/08		4,700		4,700,470
1.570%, 12/11/08		20,000		20,003,400
Massachusetts Water Resources (TECP) 1.500%, 11/06/08		4,000		4,000,080
1.520%, 12/08/08		5,000		5,000,550
TOTAL MASSACHUSETTS				57,304,500

	Face Amount		Value†
	(000)
MICHIGAN — (1.4%)
Kent County (GO) Series A 5.000%, 11/01/09	$	7,235	$	7,463,771
Utica Community Schools (GO) 4.000%, 05/01/09		6,000		6,065,100
TOTAL MICHIGAN				13,528,871
MINNESOTA — (3.4%)
City of Minneapolis (GO) 5.000%, 12/01/10		6,840		7,156,282
Minnesota State (GO) 5.000%, 08/01/09		2,600		2,668,900
University of Minnesota Board of Regents (TECP) 1.950%, 11/04/08		23,800		23,800,476
TOTAL MINNESOTA				33,625,658
MISSISSIPPI — (0.8%)
Mississippi State (GO) Series A 5.375%, 12/01/12		3,350		3,595,589
Mississippi State (GO) Series B 5.000%, 10/01/09		4,000		4,113,280
TOTAL MISSISSIPPI				7,708,869
NEBRASKA — (0.8%)
Omaha Public Power District (TECP) 1.550%, 12/09/08		8,000		8,000,320
NEVADA — (8.2%)
Clark County (GO) (AMBAC) 5.000%, 11/01/11		5,010		5,272,374
Clark County (GO) Series A (FSA) 4.000%, 06/01/09		3,540		3,587,153
Clark County School District (GO) Series A 5.000%, 06/15/09		7,000		7,137,550
Clark County School District (GO) Series A (AMBAC) 4.500%, 06/15/11		11,000		11,405,460
Clark County School District (GO) Series F (FSA) 5.000%, 06/15/09		5,245		5,344,812
Las Vegas Valley Water District (GO) Series B (MBIA) 5.250%, 06/01/09		2,830		2,886,600
Las Vegas Valley Water District (TECP) 1.400%, 11/03/08		21,000		21,000,000
Nevada State (GO) 5.000%, 06/01/13		12,990		13,705,229
Nevada State (GO) Series A 5.000%, 02/01/10		10,045		10,371,563
TOTAL NEVADA				80,710,741
NEW JERSEY — (3.0%)
Monmouth County (GO) 4.250%, 09/15/12		5,115		5,310,342
New Jersey State (GO) (ETM) 5.250%, 08/01/12		8,400		9,011,016

101

DFA SHORT-TERM MUNICIPAL BOND PORTFOLIO

CONTINUED

	Face Amount		Value†
	(000)
New Jersey Transportation Trust Fund Authority (RB) Series B (FGIC) 5.250%, 12/15/09	$	6,130	$	6,299,801
New Jersey Transportation Trust Fund Authority (RB) Series B (FSA) 5.500%, 12/15/11		6,035		6,373,020
Princeton University (TECP) 1.550%, 11/05/08		2,830		2,830,028
TOTAL NEW JERSEY				29,824,207
NEW MEXICO — (2.3%)
New Mexico State (GO) 5.000%, 03/01/12		10,260		10,820,606
New Mexico State Severance Tax (RB) (MBIA) 5.000%, 07/01/10		11,385		11,790,761
TOTAL NEW MEXICO				22,611,367
NEW YORK — (3.3%)
Nassau County Interim Finance Authority (RB) Series A (AMBAC) 5.000%, 11/15/09		3,415		3,521,514
New York City (GO) Series G 5.000%, 08/01/10		5,040		5,200,675
New York City (GO) Series H 5.000%, 08/01/12		3,000		3,110,430
New York Power Authority (TECP) 1.550%, 11/12/08		4,400		4,399,340
1.470%, 11/13/08		8,000		7,998,480
New York State Thruway Authority (RB) (ETM) Series A (MBIA) 5.000%, 04/01/09		3,500		3,550,715
New York State Tollway Authority (RB) (MBIA) 5.000%, 01/01/10		5,000		5,137,300
TOTAL NEW YORK				32,918,454
NORTH CAROLINA — (4.9%)
Durham County (GO) 5.500%, 04/01/09		3,000		3,047,910
Guilford County (GO) Series C 5.000%, 10/01/12		8,040		8,545,877
North Carolina State (GO) Series A 5.000%, 03/01/09		4,000		4,043,680
5.000%, 03/01/11		13,000		13,644,150
5.000%, 06/01/11		10,000		10,529,400
Wake County (GO) 4.500%, 03/01/13		7,800		8,167,458
TOTAL NORTH CAROLINA				47,978,475
OHIO — (2.2%)
Ohio State (GO) Series E 5.000%, 09/15/11		10,470		11,019,047
Ohio State (RB) Series II-A 5.000%, 12/01/08		5,000		5,011,150
Ohio State Building Authority (RB) (FSA) 5.000%, 10/01/09		2,755		2,837,071
Ohio State Common Schools (GO) Series A 5.000%, 09/15/09		2,565		2,638,564
TOTAL OHIO				21,505,832

	Face Amount		Value†
	(000)
OREGON — (0.6%)
Salem-Keizer School District No. 24J (GO) (FSA) 5.000%, 06/15/09	$	6,055	$	6,160,539
PENNSYLVANIA — (3.0%)
Commonwealth of Pennsylvania (GO) First Series 5.000%, 08/01/11		13,000		13,685,230
Commonwealth of Pennsylvania (GO) First Series (MBIA) 5.000%, 01/01/10		3,500		3,612,735
5.250%, 02/01/13		5,755		6,155,260
Commonwealth of Pennsylvania (GO) First Series A 5.000%, 11/01/10		3,000		3,135,120
Commonwealth of Pennsylvania (GO) Second Series (FGIC) 5.000%, 10/01/09		2,950		3,034,901
TOTAL PENNSYLVANIA				29,623,246
SOUTH CAROLINA — (1.5%)
Richland County School District No. 2 (GO) Series B (FGIC) 5.000%, 02/01/10		1,500		1,548,765
South Carolina Public Service Authority (TECP) 1.650%, 01/16/09		11,000		11,000,990
South Carolina State (GO) Series B 5.000%, 04/01/09		1,900		1,925,973
TOTAL SOUTH CAROLINA				14,475,728
TENNESSEE — (3.7%)
Hamilton County (GO) 5.000%, 03/01/11		5,700		5,969,325
5.000%, 03/01/12		5,095		5,376,703
Metropolitan Government Nashville & Davidson County (GO) 5.000%, 11/15/08		2,000		2,001,740
Shelby County (GO) Series A 5.000%, 04/01/09		4,195		4,249,241
Tennessee School Bond Authority (TECP) 1.650%, 11/06/08		3,400		3,400,068
3.350%, 11/10/08		15,000		15,003,150
TOTAL TENNESSEE				36,000,227
TEXAS — (14.6%)
Austin Texas Combined Utility Systems (TECP) 1.550%, 11/03/08		25,600		25,600,000
City of Dallas (GO) 4.750%, 02/15/10		11,675		12,025,250
El Paso Waterworks & Sewer System (TECP) Series A 3.500%, 11/03/08		5,000		5,000,000
Houston Texas (GO) (TECP) Series E-2 1.630%, 01/15/09		12,000		11,999,400

102

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CONTINUED

	Face Amount		Value†
	(000)
Houston Texas Water & Sewer (TECP) 1.550%, 11/06/08	$	5,000	$	5,000,050
Katy Independent School District (GO) Series A 5.000%, 02/15/12		7,465		7,922,679
San Antonio Electric & Gas (TECP) 1.700%, 11/03/08		3,800		3,799,208
San Antonio Water System (TECP) 1.550%, 11/06/08		14,000		14,000,140
Texas A&M University (RB) Series B 5.000%, 05/15/09		4,000		4,065,440
Texas Municipal Power Agency (TECP) 2.750%, 11/04/08		7,470		7,470,299
4.250%, 11/04/08		16,180		16,181,294
Texas State (GO) Series B 5.000%, 08/01/09		4,000		4,098,200
Texas State University Systems (RB) (FSA) 5.000%, 03/15/09		2,245		2,270,930
Texas Tech University Board of Regents (TECP) 1.700%, 11/03/08		8,300		8,300,000
University of Texas Board of Regents (TECP) 2.000%, 11/05/08		15,805		15,805,474
TOTAL TEXAS				143,538,364
UTAH — (1.8%)
Salt Lake County (GO) 5.000%, 06/15/12		10,060		10,672,553
Utah State (GO) Series A 5.000%, 07/01/12		6,440		6,822,922
TOTAL UTAH				17,495,475
VIRGINIA — (3.1%)
Fairfax Country (GO) Series A 5.000%, 06/01/09		3,465		3,533,815
Virginia Commonwealth Transportation Board (RB) 5.000%, 10/01/09		5,000		5,144,800
5.000%, 09/27/12		4,040		4,285,915

	Face Amount		Value†
	(000)
Virginia State Public Building Authority (RB) Series A 5.000%, 08/01/09	$	4,000	$	4,099,120
Virginia State Public School Authority (RB) (ETM) Series I 5.250%, 08/01/09		25		25,676
Virginia State Public School Authority (RB) Series B 5.000%, 08/01/11		9,595		10,098,162
Virginia State Public School Authority (RB) Series I 5.250%, 08/01/09		3,475		3,566,393
TOTAL VIRGINIA				30,753,881
WASHINGTON — (1.2%)
Grant County Public Utility District No. 2 Priest Rapids (RB) Series H (FSA) 5.000%, 01/01/10		2,000		2,063,960
Seattle Municipal Light & Power (RB) (FSA) 4.000%, 08/01/09		5,940		6,040,624
Snohomish County School District No. 15 Edmonds (GO) Series A (FSA) 4.500%, 06/01/09		3,500		3,556,945
TOTAL WASHINGTON				11,661,529
WISCONSIN — (0.2%)
Wisconsin State (GO) Series 1 (MBIA) 5.250%, 05/01/09		2,000		2,033,140
TOTAL MUNICIPAL BONDS				972,495,331
	Shares
TEMPORARY CASH INVESTMENTS — (1.2%)
BlackRock Liquidity Funds MuniFund Portfolio		11,540,177		11,540,177
TOTAL INVESTMENTS — (100.0%) (Cost $988,646,468)			$	984,035,508

See accompanying Notes to Financial Statements.
103

DFA CALIFORNIA SHORT-TERM MUNICIPAL BOND PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2008

	Face Amount		Value†
	(000)
MUNICIPAL BONDS — (96.6%)
CALIFORNIA — (96.6%)
Anaheim Union High School District (GO) Series A (FSA) 5.000%, 08/01/12	$	1,275	$	1,368,228
Berkeley California University School District (TRAN) 4.000%, 11/28/08		4,700		4,706,392
California Communities Note Program Series B 3.000%, 07/31/09		4,500		4,530,555
California Educational Facilities Authority (RB) Series A 5.000%, 04/01/13		2,250		2,425,680
California Infrastructure & Economic Development Bank (RB) (FSA) 5.250%, 07/01/13		2,000		2,181,380
California Infrastructure & Economic Development Bank (RB) Series A (AMBAC) 5.000%, 10/01/10		2,000		2,077,260
California State (GO) 4.000%, 06/01/09		565		570,322
5.000%, 09/01/09		1,865		1,911,439
5.000%, 02/01/10		1,500		1,537,440
5.000%, 03/01/10		3,000		3,077,880
5.250%, 09/01/10		550		569,976
5.000%, 10/01/10		2,000		2,066,360
4.000%, 02/01/11		1,000		1,011,930
5.250%, 03/01/11		800		831,832
5.000%, 04/01/11		3,000		3,105,660
5.000%, 06/01/11		500		518,530
5.000%, 10/01/11		2,215		2,305,350
5.000%, 04/01/12		1,500		1,558,395
California State Department of Transportation (RB) Series A (MBIA) 5.000%, 02/01/11		1,125		1,173,071
California State Department of Water Resources (RB) Series A 5.500%, 05/01/09		1,100		1,119,778
5.500%, 05/01/10		700		730,086
California State Department of Water Resources (RB) Series A (FSA) 5.250%, 05/01/11		1,450		1,524,820
California State Department of Water Resources (RB) Series A (MBIA) 5.250%, 05/01/09		420		426,833
California State Department Water Resources Power Supply (RB) (ETM) Series A 5.125%, 05/01/12		1,850		2,007,528
California State Department Water Resources Power Supply (RB) Series A (MBIA) 5.000%, 05/01/11		1,000		1,038,600

	Face Amount		Value†
	(000)
California State Economic Recovery (GO) Series A 3.000%, 07/01/09	$	330	$	332,673
4.000%, 07/01/09		940		953,705
5.000%, 07/01/09		2,535		2,588,412
5.000%, 01/01/10		1,585		1,635,324
5.000%, 01/01/11		2,500		2,600,325
3.500%, 07/01/11		1,075		1,084,213
5.000%, 07/01/11		1,000		1,046,470
California State Economic Recovery (GO) Series A (MBIA) 5.000%, 07/01/12		2,475		2,606,447
5.250%, 07/01/13		3,810		4,065,270
Chabot-Las Positas Comminity College District (GO) (AMBAC) 5.000%, 08/01/11		1,010		1,063,772
Charter Oak Unified School District (GO) Series B (FSA) 5.000%, 07/01/13		2,805		3,029,232
City & County of San Francisco (GO) (FSA) 4.000%, 06/15/09		1,200		1,218,312
City & County of San Francisco (GO) Series A (AMBAC) 5.000%, 06/15/12		1,600		1,697,984
City & County of San Francisco (GO) Series R-1 (FGIC) 5.000%, 06/15/12		3,855		4,081,635
City of Los Angeles (GO) (MBIA) 4.000%, 09/01/10		1,000		1,023,110
Coast Community College District (GO) Series A (MBIA) 4.500%, 08/01/09		1,000		1,020,600
Compton Community Redevelopment Agency (TAN) Series A (AMBAC) 5.000%, 08/01/09		1,700		1,733,626
Dublin San Ramon Service District & East Bay Municipal Utility District (TECP) Series A 1.450%, 11/13/08		5,000		4,999,250
East Bay Municipal Utility District, Water System (TECP) 1.450%, 11/13/08		400		399,940
1.480%, 12/01/08		500		500,065
El Camino Community College District (GO) Series A (MBIA) 5.000%, 08/01/13		2,915		3,151,873
5.000%, 08/01/13		3,060		3,308,656
El Monte Union High School District (GO) Series A (FSA) 5.000%, 06/01/13		2,185		2,366,486
Foothill Eastern Transportation Corridor Agency (RB) (MBIA) 4.600%, 01/15/09		280		280,974

104

DFA CALIFORNIA SHORT-TERM MUNICIPAL BOND PORTFOLIO

CONTINUED

	Face Amount		Value†
	(000)
Foothill-De Anza Community College District (GO) Series B 5.250%, 08/01/13	$	2,000	$	2,184,380
5.250%, 08/01/13		3,675		4,013,798
Fremont Union High School District (GO) Series B 5.500%, 09/01/09		500		516,900
Fresno (RB) Series A-1 (AMBAC) 6.250%, 09/01/10		300		317,478
Industry Public Facilities Authority (TAN) (MBIA) 4.500%, 05/01/10		700		713,636
Long Beach Bond Finance Authority (TAN) (AMBAC) 5.375%, 08/01/12		1,585		1,721,801
Long Beach Gas Utility (TECP) 1.370%, 11/05/08		1,900		1,900,057
4.550%, 11/12/08		1,600		1,601,008
Los Angeles County Capital Asset Leasing Corp. (RB) Series A (AMBAC) 4.000%, 12/01/09		520		528,746
Los Angeles County Metropolitan Transportation Authority (RB) (ETM) Series A (FSA) 5.000%, 07/01/11		2,500		2,676,250
Los Angeles County Metropolitan Transportation Authority (RB) Series C (AMBAC) 6.000%, 07/01/11		580		622,995
Los Angeles County Public Works Financing Authority (RB) Series A (MBIA) 5.000%, 12/01/09		1,300		1,335,958
Los Angeles Department of Water & Power (RB) Series A-1 5.000%, 07/01/09		3,600		3,675,600
Los Angeles Department of Water & Power (RB) Series A-1 (MBIA) 5.000%, 07/01/11		460		483,299
Los Angeles Department of Water & Power (TECP) 3.500%, 12/10/08		400		400,848
Los Angeles Unified School District (GO) (AMBAC) 5.000%, 07/01/11		175		183,635
Los Angeles Unified School District (GO) (MBIA) 5.500%, 07/01/12		800		858,112
Los Angeles Unified School District (GO) Series A (FGIC) 6.000%, 07/01/11		1,000		1,074,660
Los Angeles Unified School District (GO) Series A (MBIA) 5.250%, 07/01/12		3,600		3,830,796
Los Angeles Unified School District (GO) Series H 5.000%, 07/01/09		1,000		1,021,200
Los Angeles Wastewater (TECP) 4.500%, 11/03/08		5,500		5,500,000

	Face Amount		Value†
	(000)
Metropolitan Water District of Southern California (RB) 5.750%, 07/01/09	$	300	$	308,040
Milpitas Unified School District (TRAN) 4.000%, 12/12/08		2,150		2,155,526
Mountain View-Whisman School District (GO) Series D (MBIA) 5.000%, 06/01/12		1,480		1,602,263
Municipal Improvement Corp. of Los Angeles (TECP) 4.250%, 11/17/08		5,800		5,804,988
North City West School Facilities Financing Authority (STRB) Series C (AMBAC) 5.000%, 09/01/09		300		306,057
Norwalk Redevelopment Agency (TAN) Series A (MBIA) 4.000%, 10/01/10		670		685,430
Peralta Community College District (GO) Series A (FGIC) 8.000%, 08/01/09		300		313,122
Riverside County Transportation Commission (TECP) 1.420%, 11/14/08		1,000		999,820
Sacramento Municipal Utility District (RB) Series S (FSA) 5.000%, 11/15/08		1,550		1,551,457
Sacramento Transportation Authority (RB) Series A 4.000%, 10/01/09		1,400		1,431,990
San Diego County Water Authority (TECP) 1.450%, 02/05/09		2,650		2,649,285
San Francisco City & County Public Utilities Commission (RB) Series A (FSA) 5.000%, 11/01/12		4,810		5,111,395
San Joaquin County Transportation Authority (TECP) 1.400%, 11/06/08		800		800,032
San Jose Financing Authority (TECP) 1.480%, 11/05/08		3,700		3,700,111
San Jose Unified School District (GO) (FGIC) 5.000%, 08/01/11		1,300		1,367,470
5.000%, 08/01/12		5,000		5,291,000
San Leandro Unified School District (GO) Series A (FSA) 6.000%, 08/01/10		615		649,003
San Mateo County Community College District (GO) Series A 4.500%, 09/01/13		2,000		2,086,140
Sonoma County (RB) Series A (FGIC) 4.000%, 09/01/12		1,950		2,002,806
University of California (RB) Series A (AMBAC) 5.000%, 05/15/11		1,140		1,198,505
University of California (RB) Series E (MBIA) 5.000%, 05/15/13		1,560		1,655,176

105

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CONTINUED

	Face Amount		Value†
	(000)
University of California (RB) Series J (MBIA) 5.000%, 05/15/12	$	450	$	476,046
University of California (TECP) Series A 1.450%, 11/12/08		900		899,874
1.420%, 12/10/08		2,900		2,900,058
TOTAL MUNICIPAL BONDS				172,270,430
TEMPORARY CASH INVESTMENTS — (3.4%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $8,290,000 FHLMC 6.275%(r), 09/01/36, valued at $6,206,064) to be repurchased at $6,114,479		6,114		6,114,000
TOTAL INVESTMENTS — (100.0%) (Cost $179,433,299)			$	178,384,430

See accompanying Notes to Financial Statements.
106

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2008
(Amounts in thousands, except share and per share amounts)

	U.S. Large Company Portfolio			Enhanced U.S. Large Company Portfolio			U.S. Large Cap Value Portfolio			U.S Targeted Value Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value	$	2,544,364		$	200,349		$	5,331,340			—
Investments at Value (including $0, $0, $0 and $202,129 of securities on loan, respectively)		—			—			—		$	856,029
Temporary Cash Investments at Value & Cost		—			—			—			14,748
Collateral Received from Securities on Loan at Value & Cost		—			—			—			208,725
Cash		—			—			—			2,600
Receivables:
Investment Securities/Affiliated Investment Companies Sold		—			—			—			1,662
Dividends and Interest		—			—			—			474
Securities Lending Income		—			—			—			472
Fund Shares Sold		10,551			133			11,454			8,710
Fund Margin Variation		—			—			—			3
Prepaid Expenses and Other Assets		26			21			83			49
Total Assets		2,554,941			200,503			5,342,877			1,093,472
LIABILITIES:
Payables:
Upon Return of Securities Loaned		—			—			—			208,725
Investment Securities/Affiliated Investment Companies Purchased		5,691			65			2,282			—
Fund Shares Redeemed		4,860			68			9,172			1,648
Due to Advisor		210			26			667			252
Accrued Expenses and Other Liabilities		142			13			308			85
Total Liabilities		10,903			172			12,429			210,710
NET ASSETS	$	2,544,038		$	200,331		$	5,330,448		$	882,762
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Class R1 Shares — based on net assets of $0; $0; $0; and $25,599 and shares outstanding of 0; 0; 0; and 3,446,723, respectively		N/A			N/A			N/A		$	7.43
NUMBER OF SHARES AUTHORIZED		25,000,000	*		25,000,000	*		25,000,000	*		25,000,000
Class R2 Shares — based on net assets of $0; $0; $0; and $1,715 and shares outstanding of 0; 0; 0; and 219,184, respectively		N/A			N/A			N/A		$	7.83
NUMBER OF SHARES AUTHORIZED		25,000,000	*		25,000,000	*		25,000,000	*		25,000,000
Institutional Class Shares — based on net assets of $2,544,038; $200,331; $5,330,448; and $855,448 and shares outstanding of 89,053,472; 30,950,038; 365,508,917; and 78,947,361, respectively	$	28.57		$	6.47		$	14.58		$	10.84
NUMBER OF SHARES AUTHORIZED		200,000,000			150,000,000			500,000,000			100,000,000
Investments in Affiliated Investment Companies at Cost	$	2,882,360		$	260,777		$	7,153,912		$	—
Investments at Cost	$	—		$	—		$	—		$	1,198,879
NET ASSETS CONSIST OF:
Paid-In Capital	$	3,086,272		$	351,325		$	7,319,838		$	1,225,817
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		10,863			15,378			25,004			2,098
Accumulated Net Realized Gain (Loss)		(215,101	)		(165,525	)		(191,822	)		(2,306	)
Net Unrealized Appreciation (Depreciation)		(337,996	)		(847	)		(1,822,572	)		(342,847	)
NET ASSETS	$	2,544,038		$	200,331		$	5,330,448		$	882,762

* Share class has not yet commenced operations. See Organization note in Notes to Financial Statements.

See accompanying Notes to Financial Statements.
107

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2008
(Amounts in thousands, except share and per share amounts)

	U.S. Small Cap Value Portfolio			U.S. Core Equity 1 Portfolio			U.S. Core Equity 2 Portfolio			U.S. Vector Equity Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value	$	5,505,604			—			—			—
Investments at Value (including $0, $242,859, $452,044, and $178,676 of securities on loan, respectively)		—		$	1,308,801		$	2,463,994		$	839,788
Temporary Cash Investments at Value & Cost		—			30,450			51,174			11,370
Collateral Received from Securities on Loan at Value & Cost		—			247,370			462,981			182,985
Receivables:
Investment Securities/Affiliated Investment Companies Sold		26			270			993			728
Dividends and Interest		—			1,483			2,944			750
Securities Lending Income		—			345			749			395
Fund Shares Sold		17,835			8,364			14,002			3,811
Fund Margin Variation		—			2			1			—
Prepaid Expenses and Other Assets		38			89			114			41
Total Assets		5,523,503			1,597,174			2,996,952			1,039,868
LIABILITIES:
Payables:
Upon Return of Securities Loaned		—			247,370			462,981			182,985
Investment Securities/Affiliated Investment Companies Purchased		13,987			14,944			27,057			3,160
Fund Shares Redeemed		3,874			14,019			5,306			2,816
Due to Advisor		1,397			179			396			211
Accrued Expenses and Other Liabilities		300			100			184			73
Total Liabilities		19,558			276,612			495,924			189,245
NET ASSETS	$	5,503,945		$	1,320,562		$	2,501,028		$	850,623
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $5,503,945; $1,320,562; $2,501,028; and $850,623 and shares outstanding of 337,185,867; 169,004,276; 323,552,903; and 113,754,843, respectively	$	16.32		$	7.81		$	7.73		$	7.48
NUMBER OF SHARES AUTHORIZED		650,000,000			200,000,000			400,000,000			200,000,000
Investments in Affiliated Investment Companies at Cost	$	7,888,263		$	—		$	—		$	—
Investments at Cost	$	—		$	1,791,454		$	3,501,011		$	1,245,684
NET ASSETS CONSIST OF:
Paid-In Capital	$	7,245,757		$	1,825,549		$	3,599,193		$	1,268,589
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		31,701			257			399			3,637
Accumulated Net Realized Gain (Loss)		(391,234	)		(22,593	)		(61,548	)		(15,707	)
Net Unrealized Appreciation (Depreciation)		(1,382,279	)		(482,651	)		(1,037,016	)		(405,896	)
NET ASSETS	$	5,503,945		$	1,320,562		$	2,501,028		$	850,623

See accompanying Notes to Financial Statements.
108

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2008
(Amounts in thousands, except share and per share amounts)

	T.A. U.S. Core Equity 2 Portfolio			U.S. Small Cap Portfolio			U.S. Micro Cap Portfolio			DFA Real Estate Securities Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value		—		$	2,067,436		$	2,925,347			—
Investments at Value (including $52,439, $0, $0 and $461,107* of securities on loan, respectively)	$	567,158			—			—		$	1,704,785
Temporary Cash Investments at Value & Cost		28,376			—			—			51,982
Collateral Received from Securities on Loan at Value & Cost		53,922			—			—			452,372	*
Receivables:
Investment Securities/Affiliated Investment Companies Sold		188			5,766			1,558			—
Dividends and Interest		655			—			—			3,974
Securities Lending Income		102			—			—			426
Fund Shares Sold		13,833			7,554			3,188			5,588
Fund Margin Variation		1			—			—			10
Prepaid Expenses and Other Assets		53			70			40			34
Total Assets		664,288			2,080,826			2,930,133			2,219,171
LIABILITIES:
Payables:
Upon Return of Securities Loaned		53,922			—			—			452,372	*
Investment Securities/Affiliated Investment Companies Purchased		20,889			33			17			17,236
Fund Shares Redeemed		4,170			13,288			4,729			1,974
Due to Advisor		94			550			1,000			467
Accrued Expenses and Other Liabilities		48			106			162			161
Total Liabilities		79,123			13,977			5,908			472,210
NET ASSETS	$	585,165		$	2,066,849		$	2,924,225		$	1,746,961
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $585,165; $2,066,849; $2,924,225; and $1,746,961 and shares outstanding of 92,807,845; 154,770,228; 318,183,127; and 108,092,811, respectively	$	6.31		$	13.35		$	9.19		$	16.16
NUMBER OF SHARES AUTHORIZED		100,000,000			400,000,000			650,000,000			250,000,000
Investments in Affiliated Investment Companies at Cost	$	—		$	2,660,195		$	3,771,170		$	—
Investments at Cost	$	748,162		$	—		$	—		$	2,178,080
NET ASSETS CONSIST OF:
Paid-In Capital	$	771,729		$	2,768,732		$	3,723,054		$	2,286,125
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		1,827			7,754			36,069			34,213
Accumulated Net Realized Gain (Loss)		(7,388	)		(387,660	)		(462,795	)		(100,092	)
Net Unrealized Appreciation (Depreciation)		(181,003	)		(321,977	)		(372,103	)		(473,285	)
NET ASSETS	$	585,165		$	2,066,849		$	2,924,225		$	1,746,961

* Securities Lending Collateral is less than the market value of securities loaned due to market increases on October 31, 2008. Collateral was subsequently adjusted on November 3, 2008 and the Portfolio remained in compliance.

See accompanying Notes to Financial Statements.
109

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2008
(Amounts in thousands, except share and per share amounts)

	Large Cap International Portfolio			International Core Equity Portfolio			T.A. World ex U.S. Core Equity Portfolio			International Small Company Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value		—			—			—		$	3,076,553
Investments at Value (including $141,210, $311,374, $23,881, and $0 of securities on loan, respectively)	$	1,184,839		$	1,909,121		$	219,926			—
Temporary Cash Investments at Value & Cost		19,142			63,569			10,741			10,033
Collateral Received from Securities on Loan at Value & Cost		143,967			349,195			26,986			—
Foreign Currencies at Value		5,773			12,789			9,873			—
Cash		15			16			102			15
Receivables:
Investment Securities/Affiliated Investment Company Sold		—			1,111			14			—
Dividends, Interest, and Tax Reclaims		4,579			7,061			426			—
Securities Lending Income		217			601			31			—
Fund Shares Sold		4,752			16,571			5,479			6,271
Fund Margin Variation		—			15			1			—
Prepaid Expenses and Other Assets		52			126			17			76
Deferred Offering Costs		—			—			15			—
Total Assets		1,363,336			2,360,175			273,611			3,092,948
LIABILITIES:
Payables:
Upon Return of Securities Loaned		143,967			349,195			26,986			—
Investment Securities/Affiliated Investment Companies Purchased		9,909			25,674			17,554			—
Fund Shares Redeemed		2,182			3,304			662			7,234
Due to Advisor		270			569			33			1,099
Accrued Expenses and Other Liabilities		148			384			58			242
Total Liabilities		156,476			379,126			45,293			8,575
NET ASSETS	$	1,206,860		$	1,981,049		$	228,318		$	3,084,373
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $1,206,860; $1,981,049; $228,318; and $3,084,373 and shares outstanding of 81,473,186; 265,577,510; 39,055,733; and 306,355,912; respectively	$	14.81		$	7.46		$	5.85		$	10.07
NUMBER OF SHARES AUTHORIZED		200,000,000			250,000,000			100,000,000			500,000,000
Investments in Affiliated Investment Companies at Cost	$	—		$	—		$	—		$	4,383,238
Investments at Cost	$	1,468,627		$	3,189,263		$	307,633		$	—
Foreign Currencies at Cost	$	5,762		$	12,667		$	9,909		$	—
NET ASSETS CONSIST OF:
Paid-In Capital	$	1,510,715		$	3,272,773		$	317,280		$	4,508,252
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		449			(485	)		1,014			8,898
Accumulated Net Realized Gain (Loss)		(20,632	)		(11,384	)		(2,290	)		(126,628	)
Net Unrealized Foreign Exchange Gain (Loss)		105			150			56			536
Net Unrealized Appreciation (Depreciation)		(283,777	)		(1,280,005	)		(87,742	)		(1,306,685	)
NET ASSETS	$	1,206,860		$	1,981,049		$	228,318		$	3,084,373

See accompanying Notes to Financial Statements.
110

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2008
(Amounts in thousands, except share and per share amounts)

	Japanese Small Company Portfolio			Asia Pacific Small Company Portfolio			United Kingdom Small Company Portfolio			Continental Small Company Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value	$	133,439		$	64,067		$	25,891		$	94,027
Receivables:
Affiliated Investment Companies Sold		138			—			24			—
Fund Shares Sold		84			290			65			203
Prepaid Expenses and Other Assets		6			12			7			11
Total Assets		133,667			64,369			25,987			94,241
LIABILITIES:
Payables:
Affiliated Companies Purchased		—			142			—			55
Fund Shares Redeemed		222			148			89			148
Due to Advisor		43			11			4			22
Accrued Expenses and Other Liabilities		29			24			11			28
Total Liabilities		294			325			104			253
NET ASSETS	$	133,373		$	64,044		$	25,883		$	93,988
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $133,373; $64,044; $25,883; and $93,988 and shares outstanding of 11,140,291; 5,487,486; 1,813,838; and 8,760,711, respectively	$	11.97		$	11.67		$	14.27		$	10.73
NUMBER OF SHARES AUTHORIZED		50,000,000			50,000,000			70,000,000			50,000,000
Investments in Affiliated Investment Companies at Cost	$	257,466		$	108,804		$	38,132		$	133,729
NET ASSETS CONSIST OF:
Paid-In Capital	$	327,247		$	138,918		$	39,094		$	150,264
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		964			412			(41	)		(43	)
Accumulated Net Realized Gain (Loss)		(70,888	)		(30,530	)		(940	)		(16,553	)
Net Unrealized Foreign Exchange Gain (Loss)		77			(19	)		11			22
Net Unrealized Appreciation (Depreciation)		(124,027	)		(44,737	)		(12,241	)		(39,702	)
NET ASSETS	$	133,373		$	64,044		$	25,883		$	93,988

See accompanying Notes to Financial Statements.
111

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2008
(Amounts in thousands, except share and per share amounts)

	DFA International Real Estate Securities Portfolio		DFA Global Real Estate Securities Portfolio		DFA International Small Cap Value Portfolio		International Vector Equity Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value		—	$	89,142		—		—
Investments at Value (including $101,389, $0, $785,384, and $4,472 of securities on loan, respectively)	$	384,254		—	$	4,633,011	$	62,417
Temporary Cash Investments at Value & Cost		15,954		1,721		55,893		5,127
Collateral Received from Securities on Loan at Value & Cost		105,762		—		860,786		4,892
Foreign Currencies at Value		12,166		—		60,130		4,553
Cash		15		—		15		16
Receivables:
Investment Securities/Affiliated Investment Companies Sold		6		—		56,314		—
Dividends, Interest, and Tax Reclaims		2,771		3		22,846		112
Securities Lending Income		156		—		1,441		5
Fund Shares Sold		4,116		1,433		5,964		3,890
Fund Margin Variation		—		—		28		1
Prepaid Expenses and Other Assets		19		4		78		—
Deferred Offering Costs		—		23		—		17
Total Assets		525,219		92,326		5,696,506		81,030
LIABILITIES:
Payables:
Upon Return of Securities Loaned		105,762		—		860,786		4,892
Investment Securities/Affiliated Investment Companies Purchased		23,794		1,536		24,814		9,131
Fund Shares Redeemed		998		105		7,882		210
Due to Advisor		123		3		2,743		3
Accrued Expenses and Other Liabilities		62		10		533		20
Total Liabilities		130,739		1,654		896,758		14,256
NET ASSETS	$	394,480	$	90,672	$	4,799,748	$	66,774
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $394,480; $90,672; $4,799,748; and $66,774 and shares outstanding of 94,352,429; 15,007,588; 443,580,863; and 9,906,755, respectively	$	4.18	$	6.04	$	10.82	$	6.74
NUMBER OF SHARES AUTHORIZED		100,000,000		100,000,000		650,000,000		100,000,000
Investments in Affiliated Investment Companies at Cost	$	—	$	123,810	$	—	$	—
Investments at Cost	$	773,677	$	—	$	7,183,033	$	79,302
Foreign Currencies at Cost	$	12,120	$	—	$	62,477	$	4,570
NET ASSETS CONSIST OF:
Paid-In Capital	$	793,503	$	125,614	$	7,326,261	$	83,455

Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)					4,089				6				681				232
Accumulated Net Realized Gain (Loss)					(13,625	)			(280	)			24,680				(27	)

Net Unrealized Foreign Exchange Gain (Loss)		(110	)		—			467			15
Net Unrealized Appreciation (Depreciation)		(389,377	)		(34,668	)		(2,552,341	)		(16,901	)
NET ASSETS	$	394,480		$	90,672		$	4,799,748		$	66,774

See accompanying Notes to Financial Statements.
112

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2008
(Amounts in thousands, except share and per share amounts)

	Emerging Markets Portfolio			Emerging Markets Small Cap Portfolio			Emerging Markets Core Equity Portfolio			DFA One-Year Fixed Income Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value	$	1,508,866		$	547,574			—		$	3,194,750
Investments at Value (including $0, $0, $169,619 and $0 of securities on loan, respectively)		—			—		$	1,131,199			—
Temporary Cash Investments at Value & Cost		—			—			42,221			—
Collateral Received from Securities on Loan at Value & Cost		—			—			198,014			—
Foreign Currencies at Value		—			—			4,474			—
Cash		—			—			2,210			—
Receivables:
Investment Securities/Affiliated Investment Companies Sold		—			61			23,549			12,121
Dividends, Interest, and Tax Reclaims		—			—			1,531			—
Securities Lending Income		—			—			399			—
Fund Shares Sold		2,849			902			6,524			2,621
Fund Margin Variation		—			—			4			—
Prepaid Expenses and Other Assets		49			38			51			80
Total Assets		1,511,764			548,575			1,410,176			3,209,572
LIABILITIES:
Payables:
Upon Return of Securities Loaned		—			—			198,014			—
Investment Securities/Affiliated Investment Companies Purchased		1,112			—			53,372			—
Fund Shares Redeemed		1,737			963			2,435			14,742
Due to Advisor		534			230			549			278
Deferred Thailand Capital Gains Tax		—			—			32			—
Accrued Expenses and Other Liabilities		121			53			248			132
Total Liabilities		3,504			1,246			254,650			15,152
NET ASSETS	$	1,508,260		$	547,329		$	1,155,526		$	3,194,420
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $1,508,260; $547,329; $1,155,526; and $3,194,420 and shares outstanding of 88,471,250; 58,668,179; 116,956,956; and 314,095,040, respectively	$	17.05		$	9.33		$	9.88		$	10.17
NUMBER OF SHARES AUTHORIZED		250,000,000			150,000,000			200,000,000			550,000,000
Investments in Affiliated Investment Companies at Cost	$	1,146,107		$	790,238		$	—		$	3,188,446
Investments at Cost	$	—		$	—		$	1,663,536		$	—
Foreign Currencies at Cost	$	—		$	—		$	4,440		$	—
NET ASSETS CONSIST OF:
Paid-In Capital	$	1,118,962		$	808,770		$	1,752,134		$	3,226,008
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		5,826			3,451			(45	)		9,703
Accumulated Net Realized Gain (Loss)		21,653			(22,350	)		(64,275	)		(29,929	)
Deferred Thailand Capital Gains Tax		(808	)		215			(32	)		—
Net Unrealized Foreign Exchange Gain (Loss)		(132	)		(93	)		43			—
Net Unrealized Appreciation (Depreciation)		362,759			(242,664	)		(532,299	)		(11,362	)
NET ASSETS	$	1,508,260		$	547,329		$	1,155,526		$	3,194,420

See accompanying Notes to Financial Statements.
113

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2008
(Amounts in thousands, except share and per share amounts)

	DFA Two-Year Global Fixed Income Portfolio			DFA Selectively Hedged Global Fixed Income Portfolio			DFA Five-Year Government Portfolio			DFA Five-Year Global Fixed Income Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value	$	3,125,328			—			—			—
Investments at Value		—		$	195,505		$	1,104,157		$	3,253,142
Temporary Cash Investments at Value & Cost		—			7,434			366			29,098
Foreign Currencies at Value		—			3,470			_—			24
Cash		—			15			4,943			15
Receivables:
Investment Securities/Affiliated Investment Companies Sold		1,654			—			_—			58,000
Interest		—			2,819			10,413			32,074
Forward Currency Contracts		—			—			_—			1,203
Fund Shares Sold		7,452			4,526			844			7,298
Unrealized Gain on Forward Currency Contracts		—			—			_—			9,689
Prepaid Expenses and Other Assets		49			35			39			102
Deferred Offering Costs		—			8			_—			_—
Total Assets		3,134,483			213,812			1,120,762			3,390,645
LIABILITIES:
Payables:
Investment Securities/Affiliated Investment Companies Purchased		—			6,721			_—			40,728
Fund Shares Redeemed		9,106			8,873			5,461			18,584
Due to Advisor		265			27			193			722
Unrealized Loss on Forward Currency Contracts		—			6			_—			11,118
Accrued Expenses and Other Liabilities		127			20			71			236
Total Liabilities		9,498			15,647			5,725			71,388
NET ASSETS	$	3,124,985		$	198,165		$	1,115,037		$	3,319,257
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $3,124,985; $198,165; $1,115,037; and $3,319,257 and shares outstanding of 301,660,122; 22,252,618; 106,754,230; and 310,647,953, respectively	$	10.36		$	8.91		$	10.44		$	10.68
NUMBER OF SHARES AUTHORIZED		550,000,000			100,000,000			250,000,000			500,000,000
Investments in Affiliated Investment Companies at Cost	$	3,038,124		$	—		$	—		$	—
Investments at Cost	$	—		$	224,272		$	1,098,837		$	3,158,053
Foreign Currencies at Cost	$	—		$	3,543		$	—		$	24
NET ASSETS CONSIST OF:
Paid-In Capital	$	3,025,272		$	227,473		$	1,124,194		$	3,262,247
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		78,106			4			5,139			1,377
Accumulated Net Realized Gain (Loss)		(22,911	)		—			(19,616	)		(37,996	)
Net Unrealized Foreign Exchange Gain (Loss)		—			(472	)		—			(1,460	)
Net Unrealized Appreciation (Depreciation)		44,518			(28,840	)		5,320			95,089
NET ASSETS	$	3,124,985		$	198,165		$	1,115,037		$	3,319,257

See accompanying Notes to Financial Statements.
114

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2008
(Amounts in thousands, except share and per share amounts)

	DFA Intermediate Government Fixed Income Portfolio		DFA Inflation- Protected Securities Portfolio			DFA Short-Term Municipal Bond Portfolio			DFA California Short-Term Municipal Bond Portfolio
ASSETS:
Investments at Value	$	1,221,531	$	367,865		$	972,495		$	172,270
Temporary Cash Investments at Value & Cost		8,500		1,455			11,540			6,114
Cash		—		—			—			1
Receivables:
Interest		18,704		2,485			9,330			2,195
Fund Shares Sold		764		796			2,035			546
Prepaid Expenses and Other Assets		81		44			36			4
Total Assets		1,249,580		372,645			995,436			181,130
LIABILITIES:
Payables:
Fund Shares Redeemed		863		834			3,291			172
Due to Advisor		112		33			170			30
Accrued Expenses and Other Liabilities		91		31			57			13
Total Liabilities		1,066		898			3,518			215
NET ASSETS	$	1,248,514	$	371,747		$	991,918		$	180,915
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Institutional Class Shares — based on net assets of $1,248,514; $371,747; $991,918; and $180,915 and shares outstanding of 107,096,886; 39,507,737; 99,027,721; and 18,091,754, respectively	$	11.66	$	9.41		$	10.02		$	10.00
NUMBER OF SHARES AUTHORIZED		250,000,000		100,000,000			200,000,000			100,000,000
Investments at Cost	$	1,190,455	$	415,496		$	977,106		$	173,319
NET ASSETS CONSIST OF:
Paid-In Capital	$	1,200,760	$	415,010		$	994,376		$	181,548
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		10,384		3,952			2,170			439
Accumulated Net Realized Gain (Loss)		6,294		416			(17	)		(23	)
Net Unrealized Appreciation (Depreciation)		31,076		(47,631	)		(4,611	)		(1,049	)
NET ASSETS	$	1,248,514	$	371,747		$	991,918		$	180,915

See accompanying Notes to Financial Statements.
115

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	U.S. Large Company Portfolio*						Enhanced U.S. Large Company Portfolio						U.S. Large Cap Value Portfolio						U.S. Targeted Value Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Income Distributions Received from Affiliated Investment Companies		—			—		$	12,465		$	10,384		$	129,590		$	107,865			—		$	1,151
Dividends	$	63,263		$	61,012			—			—			—			—		$	10,639			3,501
Interest		1,479			2,667			—			—			—			—			394			307
Income from Securities Lending		1,337			611			—			—			—			—			2,353			252
Expenses Allocated from Affiliated Investment Company		(1,269	)		(1,362	)		—			—			—			—			—			—
Total Investment Income		64,810			62,928			12,465			10,384			129,590			107,865			13,386			5,211
Expenses
Investment Advisory Services Fees		—			—			—			—			—			—			750			269
Administrative Services Fees		2,852			3,049			380			548			9,628			11,232			1,875			865
Accounting & Transfer Agent Fees		55			56			16			18			105			113			104			49
Shareholder Servicing Fees —
Class R1 Shares		—			—			—			—			—			—			26			—
Class R2 Shares		—			—			—			—			—			—			2			—
Custodian Fees		—			—			—			—			—			—			34			14
Filing Fees		142			106			35			30			285			214			103			32
Shareholders' Reports		115			74			10			10			242			127			67			51
Directors'/Trustees' Fees & Expenses		—			23			—			1			—			68			—			3
Professional Fees		24			43			4			6			49			97			16			23
Other		22			12			2			4			40			24			20			19
Total Expenses		3,210			3,363			447			617			10,349			11,875			2,997			1,325
Fees Waived, Expenses Reimbursed, and/or Previously Waived Fees Recovered by Advisor (Note C)		31			89			—			—			—			—			—			—
Net Expenses		3,241			3,452			447			617			10,349			11,875			2,997			1,325
Net Investment Income (Loss)		61,569			59,476			12,018			9,767			119,241			95,990			10,389			3,886
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Affiliated Investment Companies		—			—			8,681			26,075			—			346,023			—			26,668
Net Realized Gain (Loss) on:
Investment Securities Sold/Affiliated Investment Companies Shares Sold		(104,970	)		3,775			(11,592	)		3,051			(63,378	)		(16,877	)		(2,137	)		(2,825	)
Futures		(17,555	)		714			—			—			—			—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities/Affiliated Investment Companies Shares		(1,194,131	)		164,399			(116,750	)		(13,649	)		(2,981,497	)		(537,538	)		(319,766	)		(75,837	)
Futures		521			(288	)		—			—			—			—			3			—
Net Realized and Unrealized Gain (Loss)		(1,316,135	)		168,600			(119,661	)		15,477			(3,044,875	)		(208,392	)		(321,900	)		(51,994	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(1,254,566	)	$	228,076		$	(107,643	)	$	25,244		$	(2,925,634	)	$	(112,402	)	$	(311,511	)	$	(48,108	)

* Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.
116

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	U.S. Small Cap Value Portfolio						U.S. Core Equity 1 Portfolio						U.S. Core Equity 2 Portfolio						U.S. Vector Equity Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Income Distributions Received from Affiliated Investment Company	$	82,415		$	120,998			—			—			—			—			—			—
Dividends		—			—		$	22,861		$	15,988		$	48,563		$	36,771		$	15,666		$	10,726
Interest		—			—			377			399			567			1,317			273			570
Income from Securities Lending		—			—			2,192			499			5,011			1,608			2,677			736
Total Investment Income		82,415			120,998			25,430			16,886			54,141			39,696			18,616			12,032
Expenses
Investment Advisory Services Fees		—			—			2,182			1,662			5,405			4,471			2,790			2,203
Administrative Services Fees		21,131			28,167			—			—			—			—			—			—
Accounting & Transfer Agent Fees		117			141			162			127			321			261			123			100
Custodian Fees		—			—			38			43			51			73			31			51
Filing Fees		156			151			113			62			221			222			90			68
Shareholders' Reports		296			233			33			8			88			25			44			14
Directors'/Trustees' Fees & Expenses		—			44			—			3			—			8			—			2
Professional Fees		51			126			30			21			63			44			23			14
Organizational & Offering Costs		—			—			—			—			—			—			—			3
Other		14			39			32			4			62			12			33			5
Total Expenses		21,765			28,901			2,590			1,930			6,211			5,116			3,134			2,460
Fees Waived, Expenses Reimbursed, and/or Previously Waived Fees Recovered by Advisor (Note C)		—			—			—			28			—			48			—			69
Net Expenses		21,765			28,901			2,590			1,958			6,211			5,164			3,134			2,529
Net Investment Income (Loss)		60,650			92,097			22,840			14,928			47,930			34,532			15,482			9,503
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Affiliated Investment Company		1,046,424			875,446			—			—			—			—			—			—
Net Realized Gain (Loss) on:
Investment Securities Sold/Affiliated Investment Company Shares Sold		(209,110	)		(37,370	)		(19,218	)		(3,304	)		(45,734	)		(15,734	)		(13,893	)		(1,810	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities/Affiliated Investment Company Shares		(3,538,529	)		(1,754,043	)		(553,125	)		15,592			(1,104,305	)		(32,306	)		(400,041	)		(41,111	)
Futures		—			—			2			—			1			—			—			—
Net Realized and Unrealized Gain (Loss)		(2,701,215	)		(915,967	)		(572,341	)		12,288			(1,150,038	)		(48,040	)		(413,934	)		(42,921	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(2,640,565	)	$	(823,870	)	$	(549,501	)	$	27,216		$	(1,102,108	)	$	(13,508	)	$	(398,452	)	$	(33,418	)

See accompanying Notes to Financial Statements.
117

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	T.A. U.S. Core Equity 2 Portfolio						U.S. Small Cap Portfolio						U.S. Micro Cap Portfolio						DFA Real Estate Securities Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Period Oct. 4, 2007(a) to Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Income Distributions Received from Affiliated Investment Companies		—			—		$	29,572		$	44,797		$	48,586		$	66,185			—			—
Dividends	$	6,442		$	127			—			—			—			—		$	73,675		$	65,263
Interest		271			62			—			—			—			—			288			842
Income from Securities Lending		612			2			—			—			—			—			2,306			771
Total Investment Income		7,325			191			29,572			44,797			48,586			66,185			76,269			66,876
Expenses
Investment Advisory Services Fees		789			18			—			—			—			—			6,845			8,671
Administrative Services Fees		—			—			7,938			11,208			14,755			20,325			—			—
Accounting & Transfer Agent Fees		58			4			48			60			67			83			276			339
Custodian Fees		29			11			—			—			—			—			28			36
Filing Fees		92			3			106			61			128			127			123			121
Shareholders' Reports		9			—			96			78			159			141			139			106
Directors'/Trustees' Fees & Expenses		—			3			—			15			—			17			—			22
Professional Fees		8			—			16			63			28			71			49			68
Organizational & Offering Costs		31			9			—			—			—			—			—			—
Other		14			—			8			21			15			21			63			28
Total Expenses		1,030			48			8,212			11,506			15,152			20,785			7,523			9,391
Fees Waived, Expenses Reimbursed, and/or Previously Waived Fees Recovered by Advisor (Note C)		24			(24	)		—			—			—			—			—			—
Net Expenses		1,054			24			8,212			11,506			15,152			20,785			7,523			9,391
Net Investment Income (Loss)		6,271			167			21,360			33,291			33,434			45,400			68,746			57,485
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from:
Affiliated Investment Companies		—			—			243,531			216,208			379,091			436,439			—			—
Investment Securities		—			—			—			—			—			—			42,861			41,558
Net Realized Gain (Loss) on:
Investment Securities Sold/Affiliated Investment Companies Shares Sold		(7,078	)		(310	)		(116,947	)		2,061			(130,372	)		(3,367	)		(142,397	)		181,105
Futures		—			—			—			—			—			—			(1,472	)		—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities/Affiliated Investment Companies Shares		(179,572	)		(1,432	)		(1,073,797	)		(321,609	)		(1,674,701	)		(655,320	)		(893,193	)		(762,357	)
Futures		1			—			—			—			—			—			10			—
Net Realized and Unrealized Gain (Loss)		(186,649	)		(1,742	)		(947,213	)		(103,340	)		(1,425,982	)		(222,248	)		(994,191	)		(539,694	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(180,378	)	$	(1,575	)	$	(925,853	)	$	(70,049	)	$	(1,392,548	)	$	(176,848	)	$	(925,445	)	$	(482,209	)

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
118

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	Large Cap International Portfolio						International Core Equity Portfolio					T.A. World ex U.S. Core Equity Portfolio			International Small Company Portfolio**
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007		Period March 6, 2008(a) to Oct. 31, 2008			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Net Investment Income Received from Affiliated Investment Companies:
Income Distributions		—			—			—			—	$	740			—			—
Dividends (Net of Foreign Taxes Withheld of $0, $0, $0, $0, $0, $10,118, and $6,923, respectively)		—			—			—			—		—		$	134,751		$	116,289
Interest		—			—			—			—		—			724			886
Income from Securities Lending		—			—			—			—		—			21,115			20,303
Expenses Allocated from Affiliated Investment Company		—			—			—			—		—			(6,281	)		(7,403	)
Total Net Investment Income Received from Affiliated Investment Companies		—			—			—			—		740			150,309			130,075
Fund Investment Income
Dividends (Net of Foreign Taxes Withheld of $5,538, $4,510, $7,639, $3,297, $118, $0, and $0, respectively)	$	58,020		$	54,192		$	78,613		$	41,557		1,658			—			—
Interest		260			350			460			797		55			295			391
Income from Securities Lending		3,484			2,853			6,958			3,111		78			—			—
Total Fund Investment Income		61,764			57,395			86,031			45,465		1,791			295			391
Fund Expenses
Investment Advisory Services Fees		4,438			4,910			7,918			5,482		264			—			—
Administrative Services Fees		—			—			—			—		—			18,152			21,375
Accounting & Transfer Agent Fees		224			241			276			194		24			78			85
Custodian Fees		267			281			590			515		181			—			—
Filing Fees		66			63			194			146		16			137			96
Shareholders' Reports		105			71			94			32		2			192			113
Directors'/Trustees' Fees & Expenses		—			16			—			12		—			—			49
Professional Fees		44			44			56			31		2			50			72
Organizational & Offering Costs		—			—			—			—		34			—			—
Other		43			37			65			18		4			35			19
Total Expenses		5,187			5,663			9,193			6,430		527			18,644			21,809
Fees Waived, Expenses Reimbursed, and/or Previously Waived Fees Recovered by Advisor (Note C)		—			—			—			—		(167	)		—			—
Net Expenses		5,187			5,663			9,193			6,430		360			18,644			21,809
Net Investment Income (Loss)		56,577			51,732			76,838			39,035		2,171			131,960			108,657
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		(19,013	)		37,442			(11,335	)		24,982		(2,290	)		(120,455	)		331,045
Futures		—			—			—			—		—			(569	)		—
Foreign Currency Transactions		(1,346	)		174			(911	)		105		6			(3,640	)		1,035
In-Kind Redemptions		14,987	*		—			7,590	*		—		—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,012,012	)		231,080			(1,484,029	)		105,889		(87,743	)		(2,759,513	)		162,772
Futures		—			—			15			—		1			(1	)		—
Translation of Foreign Currency Denominated Amounts		65			(44	)		73			59		56			188			160
Net Realized and Unrealized Gain (Loss)		(1,017,319	)		268,652			(1,488,597	)		131,035		(89,970	)		(2,883,990	)		495,012
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(960,742	)	$	320,384		$	(1,411,759	)	$	170,070	$	(87,799	)	$	(2,752,030	)	$	603,669

* See Note N in the Notes to Financial Statements.

** Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Funds (Affiliated Investment Companies).

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
119

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	Japanese Small Company Portfolio*						Asia Pacific Small Company Portfolio*						United Kingdom Small Company Portfolio*						Continental Small Company Portfolio*
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Net Investment Income Received from Affiliated Investment Companies:
Dividends (Net of Foreign Taxes Withheld of $247, $207, $92, $53, $3, $0, $636, and $378, respectively)	$	3,300		$	2,749		$	4,282		$	3,613		$	1,366		$	1,127		$	4,361		$	2,959
Interest		8			34			22			34			4			3			26			16
Income from Securities Lending		1,179			1,431			685			614			18			3			673			491
Expenses Allocated from Affiliated Investment Companies		(214	)		(272	)		(164	)		(174	)		(43	)		(49	)		(193	)		(209	)
Total Net Investment Income Received from Affiliated Investment Companies		4,273			3,942			4,825			4,087			1,345			1,084			4,867			3,257
Expenses
Administrative Services Fees		650			814			446			454			139			158			556			599
Accounting & Transfer Agent Fees		15			16			14			14			12			14			14			15
Filing Fees		17			20			20			21			15			15			22			21
Shareholders' Reports		6			5			6			4			2			1			6			4
Directors'/Trustees' Fees & Expenses		—			1			—			2			—			—			—			2
Professional Fees		34			5			26			3			10			2			30			3
Other		3			4			9			2			4			4			5			3
Total Expenses		725			865			521			500			182			194			633			647
Fees Waived, Expenses Reimbursed, and/or Previously Waived Fees Recovered by Advisor (Note C)		—			5			4			34			(19	)		(9	)		—			56
Net Expenses		725			870			525			534			163			185			633			703
Net Investment Income (Loss)		3,548			3,072			4,300			3,553			1,182			899			4,234			2,554
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		(22,824	)		(7,840	)		(21,574	)		4,912			(771	)		1,545			(16,519	)		7,620
Futures		(10	)		—			(34	)		—			—			—			(16	)		—
Foreign Currency Transactions		(46	)		(35	)		(193	)		93			(77	)		13			(16	)		39
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(35,124	)		365			(69,553	)		32,175			(24,744	)		(2,123	)		(81,292	)		4,064
Futures		—			—			—			—			—			—			1			—
Translation of Foreign Currency Denominated Amounts		60			19			(15	)		(2	)		11			—			(30	)		10
Net Realized and Unrealized Gain (Loss)		(57,944	)		(7,491	)		(91,369	)		37,178			(25,581	)		(565	)		(97,872	)		11,733
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(54,396	)	$	(4,419	)	$	(87,069	)	$	40,731		$	(24,399	)	$	334		$	(93,638	)	$	14,287

* Investment Income and Realized and Unrealized Gain (Loss) were allocated from each Portfolio's respective Master Fund (Affiliated Investment Companies).

See accompanying Notes to Financial Statements.
120

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	DFA International Real Estate Securities Portfolio						DFA Global Real Estate Securities Portfolio			DFA International Small Cap Value Portfolio						International Vector Equity Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Period March 1, 2007(a) to Nov. 30, 2007			Period June 4, 2008(a) to Oct. 31, 2008			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period August 14, 2008(a) to Oct. 31, 2008
Investment Income
Income Distributions Received from Affiliated Investment Companies		—			—		$	24			—			—			—
Dividends (Net of Foreign Taxes Withheld of $3,569, $521, $0, $18,096, $12,474 and $9, respectively)	$	23,281		$	4,873			—		$	247,081		$	197,369		$	271
Interest		144			210			8			1,361			1,792			16
Income from Securities Lending		1,002			119			—			22,024			18,729			8
Total Investment Income		24,427			5,202			32			270,466			217,890			295
Expenses
Investment Advisory Services Fees		1,513			456			—			44,953			52,077			37
Administrative Services Fees		—			—			98			—			—			—
Accounting & Transfer Agent Fees		71			33			5			803			903			6
Custodian Fees		123			64			—			1,206			1,557			41
Filing Fees		113			29			5			190			142			3
Shareholders' Reports		47			4			—			277			173			—
Directors'/Trustees' Fees & Expenses		—			3			—			—			73			—
Professional Fees		12			2			3			164			182			1
Organizational & Offering Costs		16			30			17			—			—			5
Other		21			3			3			172			144			1
Total Expenses		1,916			624			131			47,765			55,251			94
Fees Waived, Expenses Reimbursed, and/or Previously Waived Fees Recovered by Advisor (Note C)		—			—			(89	)		—			—			(45	)
Net Expenses		1,916			624			42			47,765			55,251			49
Net Investment Income (Loss)		22,511			4,578			(10	)		222,701			162,639			246
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		(13,579	)		(3	)		(280	)		28,945			682,920			(27	)
Futures		—			—			—			(1,804	)		—			—
Foreign Currency Transactions		(521	)		9			—			(3,478	)		3,452			(19	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(363,676	)		(25,701	)		(34,668	)		(4,209,886	)		(197,398	)		(16,902	)
Futures		—			—			—			28			—			1
Translation of Foreign Currency Denominated Amounts		(124	)		14			—			112			46			15
Net Realized and Unrealized Gain (Loss)		(377,900	)		(25,681	)		(34,948	)		(4,186,083	)		489,020			(16,932	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(355,389	)	$	(21,103	)	$	(34,958	)	$	(3,963,382	)	$	651,659		$	(16,686	)

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
121

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	Emerging Markets Portfolio**						Emerging Markets Small Cap Portfolio**						Emerging Markets Core Equity Portfolio						DFA One-Year Fixed Income Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Income Distributions Received from Affiliated Investment Company		—			—			—			—			—			—		$	106,184		$	152,964
Dividends (Net of Foreign Taxes Withheld of $8,215, $7,381, $5,238, $2,250, $2,921, $3,240 and $0, $0, respectively)	$	76,217		$	74,859		$	31,689		$	23,439		$	48,922		$	31,103			—			—
Interest		200			492			107			222			152			384			—			—
Income from Securities Lending		3,743			3,023			3,587			2,665			3,582			1,784			—			—
Expenses Allocated from Affiliated Investment Companies		(4,600	)		(5,391	)		(3,191	)		(3,633	)		—			—			—			—
Total Investment Income		75,560			72,983			32,192			22,693			52,656			33,271			106,184			152,964
Expenses
Investment Advisory Services Fees		—			—			—			—			8,838			7,247			—			—
Administrative Services Fees		10,054			11,536			4,706			5,248			—			—			3,110			3,019
Accounting & Transfer Agent Fees		50			52			27			29			204			168			57			54
Custodian Fees		—			—			—			—			1,127			1,061			—			—
Filing Fees		91			48			62			65			85			47			155			136
Shareholders' Reports		125			101			51			43			100			16			119			70
Directors'/Trustees' Fees & Expenses		—			23			—			16			—			10			—			15
Professional Fees		33			40			17			15			65			34			26			38
Other		21			19			12			9			51			33			22			9
Total Expenses		10,374			11,819			4,875			5,425			10,470			8,616			3,489			3,341
Net Investment Income (Loss)		65,186			61,164			27,317			17,268			42,186			24,655			102,695			149,623
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		25,666			138,572			(21,877	)		98,170			(64,050	)		7,602			(1,880	)		(1,012	)
Futures		(348	)		—			(404	)		—			—			—			—			—
Foreign Currency Transactions		(820	)		(116	)		(1,270	)		(319	)		(1,282	)		(348	)		—			—
In-Kind Redemptions		—			—			—			—			1,902	*		—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,562,393	)		809,069			(754,950	)		268,054			(1,113,650	)		426,503			(12,482	)		3,935
Futures		30			—			9			—			4			—			—			—
Translation of Foreign Currency Denominated Amounts		(130	)		(26	)		(175	)		74			30			(1	)		—			—
Change in Deferred Thailand Capital Gains Tax		2,600			(825	)		1,394			(451	)		1,150			(772	)		—			—
Net Realized and Unrealized Gain (Loss)		(1,535,395	)		946,674			(777,273	)		365,528			(1,175,896	)		432,984			(14,362	)		2,923
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(1,470,209	)	$	1,007,838		$	(749,956	)	$	382,796		$	(1,133,710	)	$	457,639		$	88,333		$	152,546

* See Note N in the Notes to Financial Statements.

** Investment Income and Realized and Unrealized Gain (Loss) were allocated from each Portfolio's respective Master Fund (Affiliated Investment Companies).

See accompanying Notes to Financial Statements.
122

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	DFA Two-Year Global Fixed Income Portfolio						DFA Selectively Hedged Global Fixed Income Portfolio					DFA Five-Year Government Portfolio					DFA Five-Year Global Fixed Income Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Jan. 9, 2008(a) to Oct. 31, 2008			Period Dec. 1, 2007 to Oct. 31, 2008		Year Ended Nov. 30, 2007		Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Income Distributions Received from Affiliated Investment Company	$	123,831		$	74,674			—			—		—		—			—
Interest		—			—		$	5,608		$	33,093	$	54,069	$	92,242		$	95,585
Total Investment Income		123,831			74,674			5,608			33,093		54,069		92,242			95,585
Expenses
Investment Advisory Services Fees		—			—			184			2,205		2,146		8,193			7,265
Administrative Services Fees		2,920			2,761			—			—		—		—			—
Accounting & Transfer Agent Fees		54			49			34			143		138		391			344
Custodian Fees		—			—			12			12		13		211			285
Filing Fees		112			100			28			59		61		127			131
Shareholders' Reports		123			78			3			52		35		138			67
Directors'/Trustees' Fees & Expenses		—			13			—			—		6		—			24
Professional Fees		25			35			2			25		24		71			58
Organizational & Offering Costs		—			—			32			—		—		—			—
Other		27			10			3			17		9		50			21
Total Expenses		3,261			3,046			298			2,513		2,432		9,181			8,195
Net Investment Income (Loss)		120,570			71,628			5,310			30,580		51,637		83,061			87,390
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold/Affiliated Investment Company Shares Sold		(784	)		(792	)		84			2,704		—		(7,737	)		(13,531	)
Foreign Currency Transactions		—			—			(7,531	)		—		—		(17,965	)		(29,264	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities/Affiliated Investment Company Shares and Foreign Currency		(28,565	)		65,338			(28,840	)		4,964		645		8,004			31,164
Translation of Foreign Currency Denominated Amounts		—			—			(472	)		—		—		(14,921	)		67,297
Net Realized and Unrealized Gain (Loss)		(29,349	)		64,546			(36,759	)		7,668		645		(32,619	)		55,666
Net Increase (Decrease) in Net Assets Resulting from Operations	$	91,221		$	136,174		$	(31,449	)	$	38,248	$	52,282	$	50,442		$	143,056

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
123

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	DFA Intermediate Government Fixed Income Portfolio					DFA Inflation-Protected Securities Portfolio						DFA Short-Term Municipal Bond Portfolio					DFA California Short-Term Municipal Bond Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007		Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007		Period Dec. 1, 2007 to Oct. 31, 2008			Period April 2, 2007(a) to Nov. 30, 2007
Investment Income
Interest	$	57,408		$	52,592	$	22,691		$	4,412		$	20,534		$	27,485	$	4,041		$	1,633
Total Investment Income		57,408			52,592		22,691			4,412			20,534			27,485		4,041			1,633
Expenses
Investment Advisory Services Fees		1,254			1,086		316			92			1,813			1,666		318			93
Accounting & Transfer Agent Fees		160			139		54			30			120			112		36			18
Custodian Fees		14			12		4			2			12			12		3			2
Filing Fees		70			74		41			16			50			47		38			11
Shareholders' Reports		49			23		20			6			28			15		4			1
Directors'/Trustees' Fees & Expenses		—			12		—			2			—			3		—			1
Professional Fees		27			23		7			3			19			16		3			6
Organizational & Offering Costs		—			—		—			43			—			—		11			23
Other		20			6		9			1			15			5		6			1
Total Expenses		1,594			1,375		451			195			2,057			1,876		419			156
Fees Waived, Expenses Reimbursed, and/or Previously Waived Fees Recovered by Advisor (Note C)		—			—		31			(11	)		—			—		16			(16	)
Net Expenses		1,594			1,375		482			184			2,057			1,876		435			140
Net Investment Income (Loss)		55,814			51,217		22,209			4,228			18,477			25,609		3,606			1,493
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		6,370			99		416			—			—			—		(19	)		(4	)
Change in Unrealized Appreciation (Depreciation) of Investment Securities and Foreign Currency		(24,474	)		43,651		(60,021	)		11,920			(3,435	)		2,926		(1,259	)		210
Net Realized and Unrealized Gain (Loss)		(18,104	)		43,750		(59,605	)		11,920			(3,435	)		2,926		(1,278	)		206
Net Increase (Decrease) in Net Assets Resulting from Operations	$	37,710		$	94,967	$	(37,396	)	$	16,148		$	15,042		$	28,535	$	2,328		$	1,699

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
124

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	U.S. Large Company Portfolio									Enhanced U.S. Large Company Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	61,569		$	59,476		$	45,195		$	12,018		$	9,767		$	3,907
Capital Gain Distributions Received from Affiliated Investment Companies		—			—			—			8,681			26,075			4,136
Net Realized Gain (Loss) on:
Investment Securities Sold/Affiliated Investment Companies Shares Sold		(104,970	)		3,775			(8,405	)		(11,592	)		3,051			277
Futures		(17,555	)		714			2,338			—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities/Affiliated Investment Companies Shares		(1,194,131	)		164,399			297,153			(116,750	)		(13,649	)		32,933
Futures		521			(288	)		(1,669	)		—			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		(1,254,566	)		228,076			334,612			(107,643	)		25,244			41,253
Distributions From:
Net Investment Income:
Institutional Class Shares		(67,060	)		(55,847	)		(41,748	)		(10,906	)		(11,397	)		(5,651	)
Net Short-Term Gains:
Institutional Class Shares		—			—			—			(4,842	)		(11,623	)		—
Net Long-Term Gains:
Institutional Class Shares		—			—			—			(17,601	)		(1,991	)		—
Total Distributions		(67,060	)		(55,847	)		(41,748	)		(33,349	)		(25,011	)		(5,651	)
Capital Share Transactions (1):
Shares Issued		1,128,680			906,212			832,648			75,527			93,808			105,090
Shares Issued in Lieu of Cash Distributions		59,339			51,856			39,758			32,429			24,050			5,584
Shares Redeemed		(738,188	)		(583,275	)		(384,587	)		(103,683	)		(128,257	)		(112,603	)
Net Increase (Decrease) from Capital Share Transactions		449,831			374,793			487,819			4,273			(10,399	)		(1,929	)
Total Increase (Decrease) in Net Assets		(871,795	)		547,022			780,683			(136,719	)		(10,166	)		33,673
Net Assets
Beginning of Period		3,415,833			2,868,811			2,088,128			337,050			347,216			313,543
End of Period	$	2,544,038		$	3,415,833		$	2,868,811		$	200,331		$	337,050		$	347,216
(1) Shares Issued and Redeemed:
Shares Issued		29,917			21,005			21,866			9,136			8,538			10,401
Shares Issued in Lieu of Cash Distributions		1,514			1,222			1,066			3,364			2,263			570
Shares Redeemed		(20,702	)		(13,462	)		(10,136	)		(12,436	)		(11,632	)		(11,186	)
		10,729			8,765			12,796			64			(831	)		(215	)
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$		10,863	$	16,354		$	12,725		$	15,378		$	4		$	1,634

See accompanying Notes to Financial Statements.
125

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	U.S. Large Cap Value Portfolio									U.S. Targeted Value Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	119,241		$	95,990		$	82,268		$	10,389		$	3,886		$	2,256
Capital Gain Distributions Received from Affiliated Investment Companies		—			346,023			138,196			—			26,668			16,223
Net Realized Gain (Loss) on
Investment Securities Sold/Affiliated Investment Companies Shares Sold		(63,378	)		(16,877	)		1,724			(2,137	)		(2,825	)		250
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities/Affiliated Investment Companies Shares		(2,981,497	)		(537,538	)		642,594			(319,766	)		(75,837	)		14,804
Futures		—			—			—			3			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		(2,925,634	)		(112,402	)		864,782			(311,511	)		(48,108	)		33,533
Distributions From:
Net Investment Income:
Class R1 Shares		—			—			—			(351	)		—			—
Class R2 Shares		—			—			—			(10	)		—			—
Institutional Class Shares		(113,742	)		(88,197	)		(71,162	)		(7,766	)		(3,642	)		(2,666	)
Net Short-Term Gains:
Institutional Class Shares		(304	)		(10,685	)		(9,775	)		—			(5,313	)		(4,163	)
Net Long-Term Gains:
Institutional Class Shares		(315,650	)		(127,166	)		(1,645	)		(14,019	)		(11,902	)		(10,180	)
Total Distributions		(429,696	)		(226,048	)		(82,582	)		(22,146	)		(20,857	)		(17,009	)
Capital Share Transactions (1):
Shares Issued		2,629,415			2,547,717			2,237,439			975,465			500,717	*		49,909
Shares Issued in Lieu of Cash Distributions		398,086			203,411			72,993			21,294			18,152			13,833
Shares Redeemed		(1,877,275	)		(1,287,212	)		(728,629	)		(335,145	)		(110,437	)		(37,523	)
Net Increase (Decrease) from Capital Share Transactions		1,150,226			1,463,916			1,581,803			661,614			408,432			26,219
Total Increase (Decrease) in Net Assets		(2,205,104	)		1,125,466			2,364,003			327,957			339,467			42,743
Net Assets
Beginning of Period		7,535,552			6,410,086			4,046,083			554,805			215,338			172,595
End of Period	$	5,330,448		$	7,535,552		$	6,410,086		$	882,762		$	554,805		$	215,338
(1) Shares Issued and Redeemed:
Shares Issued		131,947			97,946			96,122			71,448			28,579			2,870
Shares Issued in Lieu of Cash Distributions		17,729			8,025			3,257			1,447			1,060			876
Shares Redeemed		(92,441	)		(50,063	)		(31,524	)		(25,199	)		(6,247	)		(2,182	)
		57,235			55,908			67,855			47,696			23,392			1,564
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	25,004		$	23,690		$	21,790		$	2,098		$	794		$	225

* Includes $6,246 in capital contributions related to the liquidation of The U.S. Targeted Value Series. See Organization note within the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
126

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	U.S. Small Cap Value Portfolio									U.S. Core Equity 1 Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	60,650		$	92,097		$	72,762		$	22,840		$	14,928		$	5,932
Capital Gain Distributions Received from Affiliated Investment Company		1,046,424			875,446			658,949			—			—			—
Net Realized Gain (Loss) on Investment Securities Sold/Affiliated Investment Company Shares Sold		(209,110	)		(37,370	)		(4,180	)		(19,218	)		(3,304	)		1,503
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities/Affiliated Investment Company Shares		(3,538,529	)		(1,754,043	)		697,484			(553,125	)		15,592			52,372
Futures		—			—			—			2			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		(2,640,565	)		(823,870	)		1,425,015			(549,501	)		27,216			59,807
Distributions From:
Net Investment Income:
Institutional Class Shares		(74,354	)		(85,546	)		(58,998	)		(22,927	)		(14,899	)		(5,955	)
Net Short-Term Gains:
Institutional Class Shares		—			(72,477	)		(34,788	)		—			(578	)		(13	)
Net Long-Term Gains:
Institutional Class Shares		(746,639	)		(592,599	)		(507,342	)		—			(1,040	)		—
Total Distributions		(820,993	)		(750,622	)		(601,128	)		(22,927	)		(16,517	)		(5,968	)
Capital Share Transactions (1):
Shares Issued		1,857,448			2,756,160			1,772,199			1,087,323			609,131			487,106
Shares Issued in Lieu of Cash Distributions		798,952			722,554			575,437			21,544			16,079			5,909
Shares Redeemed		(2,493,743	)		(1,839,654	)		(1,357,479	)		(425,908	)		(78,148	)		(18,175	)
Net Increase (Decrease) from Capital Share Transactions		162,657			1,639,060			990,157			682,959			547,062			474,840
Total Increase (Decrease) in Net Assets		(3,298,901	)		64,568			1,814,044			110,531			557,761			528,679
Net Assets
Beginning of Period		8,802,846			8,738,278			6,924,234			1,210,031			652,270			123,591
End of Period	$	5,503,945		$	8,802,846		$	8,738,278		$	1,320,562		$	1,210,031		$	652,270
(1) Shares Issued and Redeemed:
Shares Issued		84,519			93,005			60,848			107,874			50,720			45,767
Shares Issued in Lieu of Cash Distributions		34,137			24,691			21,722			2,264			1,371			550
Shares Redeemed		(113,726	)		(62,068	)		(46,827	)		(43,396	)		(6,544	)		(1,697	)
		4,930			55,628			35,743			66,742			45,547			44,620
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	31,701		$	8,847		$	8,394		$	257		$	344		$	366

See accompanying Notes to Financial Statements.
127

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	U.S. Core Equity 2 Portfolio									U.S. Vector Equity Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	47,930		$	34,532		$	9,455		$	15,482		$	9,503			2,530
Net Realized Gain (Loss) on Investment Securities Sold		(45,734	)		(15,734	)		2,921			(13,893	)		(1,810	)		6,315
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities		(1,104,305	)		(32,306	)		95,057			(400,041	)		(41,111	)		35,256
Futures		1			—			—			—			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		(1,102,108	)		(13,508	)		107,433			(398,452	)		(33,418	)		44,101
Distributions From:
Net Investment Income:
Institutional Class Shares		(48,004	)		(34,490	)		(9,388	)		(14,964	)		(7,650	)		(1,296	)
Net Short-Term Gains:
Institutional Class Shares		—			(1,625	)		(20	)		—			(6,329	)		—
Net Long-Term Gains:
Institutional Class Shares		—			(1,516	)		—			—			—			—
Total Distributions		(48,004	)		(37,631	)		(9,408	)		(14,964	)		(13,979	)		(1,296	)
Capital Share Transactions (1):
Shares Issued		1,647,226			2,019,061			957,339			599,481			689,895			388,675
Shares Issued in Lieu of Cash Distributions		47,199			37,027			9,288			14,671			13,800			1,293
Shares Redeemed		(982,705	)		(281,839	)		(30,420	)		(309,855	)		(99,868	)		(29,461	)
Net Increase (Decrease) from Capital Share Transactions		711,720			1,774,249			936,207			304,297			603,827			360,507
Total Increase (Decrease) in Net Assets		(438,392	)		1,723,110			1,034,232			(109,119	)		556,430			403,312
Net Assets
Beginning of Period		2,939,420			1,216,310			182,078			959,742			403,312			—
End of Period	$	2,501,028		$	2,939,420		$	1,216,310		$	850,623		$	959,742		$	403,312
(1) Shares Issued and Redeemed:
Shares Issued		166,628			165,360			88,583			59,904			57,308			36,777
Shares Issued in Lieu of Cash Distributions		5,013			3,137			852			1,411			1,170			121
Shares Redeemed		(97,859	)		(23,138	)		(2,811	)		(31,898	)		(8,342	)		(2,696	)
		73,782			145,359			86,624			29,417			50,136			34,202
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	399		$	473		$	581		$	3,637		$	3,119		$	1,276

See accompanying Notes to Financial Statements.
128

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	T.A. U.S. Core Equity 2 Portfolio						U.S. Small Cap Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Period Oct. 4, 2007(a) to Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	6,271		$	167		$	21,360		$	33,291		$	24,118
Capital Gain Distributions Received from Affiliated Investment Companies		—			—			243,531			216,208			170,953
Net Realized Gain (Loss) on
Investment Securities Sold/Affiliated Investment Companies Shares Sold		(7,078	)		(310	)		(116,947	)		2,061			(5,181	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities/Affiliated Investment Companies Shares		(179,572	)		(1,432	)		(1,073,797	)		(321,609	)		233,973
Futures		1			—			—			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		(180,378	)		(1,575	)		(925,853	)		(70,049	)		423,863
Distributions From:
Net Investment Income:
Institutional Class Shares		(4,648	)		—			(26,222	)		(32,047	)		(18,099	)
Net Short-Term Gains:
Institutional Class Shares		—			—			(8,922	)		(34,803	)		(31,411	)
Net Long-Term Gains:
Institutional Class Shares		—			—			(173,725	)		(134,723	)		(117,599	)
Total Distributions		(4,648	)		—			(208,869	)		(201,573	)		(167,109	)
Capital Share Transactions (1):
Shares Issued		995,838			120,639			937,947			727,472			724,661
Shares Issued in Lieu of Cash Distributions		4,587			—			204,052			197,467			164,466
Shares Redeemed		(336,741	)		(12,557	)		(1,225,521	)		(665,423	)		(490,352	)
Net Increase (Decrease) from Capital Share Transactions		663,684			108,082			(83,522	)		259,516			398,775
Total Increase (Decrease) in Net Assets		478,658			106,507			(1,218,244	)		(12,106	)		655,529
Net Assets
Beginning of Period		106,507			—			3,285,093			3,297,199			2,641,670
End of Period	$	585,165		$	106,507		$	2,066,849		$	3,285,093		$	3,297,199
(1) Shares Issued and Redeemed:
Shares Issued		125,252			12,664			54,875			33,265			34,475
Shares Issued in Lieu of Cash Distributions		543			—			10,771			9,289			8,437
Shares Redeemed		(44,316	)		(1,335	)		(70,022	)		(30,180	)		(23,449	)
		81,479			11,329			(4,376	)		12,374			19,463
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	1,827		$	173		$	7,754		$	3,498		$	4,811

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
129

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	U.S. Micro Cap Portfolio									DFA Real Estate Securities Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	33,434		$	45,400		$	28,402		$	68,746		$	57,485		$	50,355
Capital Gain Distributions Received from:
Affiliated Investment Companies		379,091			436,439			409,412			—			—			—
Investment Securities		—			—			—			42,861			41,558			17,858
Net Realized Gain (Loss) on:
Investment Securities Sold/Affiliated Investment Companies Shares Sold		(130,372	)		(3,367	)		(7,358	)		(142,397	)		181,105			75,136
Futures		—			—			—			(1,472	)		—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities/Affiliated Investment Companies Shares		(1,674,701	)		(655,320	)		160,973			(893,193	)		(762,357	)		610,102
Futures		—			—			—			10			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		(1,392,548	)		(176,848	)		591,429			(925,445	)		(482,209	)		753,451
Distributions From:
Net Investment Income:
Institutional Class Shares		(42,596	)		(40,532	)		(20,854	)		(31,389	)		(62,692	)		(79,145	)
Net Short-Term Gains:
Institutional Class Shares		(40,254	)		(62,657	)		(72,770	)		(3,305	)		(2,939	)		—
Net Long-Term Gains:
Institutional Class Shares		(350,779	)		(324,224	)		(208,506	)		(200,903	)		(70,533	)		(28,912	)
Total Distributions		(433,629	)		(427,413	)		(302,130	)		(235,597	)		(136,164	)		(108,057	)
Capital Share Transactions (1):
Shares Issued		799,061			1,088,866			1,028,184			946,371			1,093,839			711,130
Shares Issued in Lieu of Cash Distributions		425,522			415,408			289,242			232,037			133,705			105,884
Shares Redeemed		(1,174,552	)		(1,023,645	)		(732,233	)		(941,862	)		(774,740	)		(462,032	)
Net Increase (Decrease) from Capital Share Transactions		50,031			480,629			585,193			236,546			452,804			354,982
Total Increase (Decrease) in Net Assets		(1,776,146	)		(123,632	)		874,492			(924,496	)		(165,569	)		1,000,376
Net Assets
Beginning of Period		4,700,371			4,824,003			3,949,511			2,671,457			2,837,026			1,836,650
End of Period	$	2,924,225		$	4,700,371		$	4,824,003		$	1,746,961		$	2,671,457		$	2,837,026
(1) Shares Issued and Redeemed:
Shares Issued		65,963			68,282			65,144			41,914			34,996			24,946
Shares Issued in Lieu of Cash Distributions		32,229			26,806			19,632			9,889			4,257			3,849
Shares Redeemed		(97,545	)		(64,141	)		(46,421	)		(41,934	)		(24,958	)		(16,184	)
		647			30,947			38,355			9,869			14,295			12,611
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	36,069		$	6,812		$	4,469		$	34,213		$	161		$	(209	)

See accompanying Notes to Financial Statements.
130

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Large Cap International Portfolio									International Core Equity Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	56,577		$	51,732		$	35,857		$	76,838		$	39,035		$	10,384
Net Realized Gain (Loss) on:
Investment Securities Sold		(19,013	)		37,442			16,379			(11,335	)		24,982			2,392
Foreign Currency Transactions		(1,346	)		174			17			(911	)		105			(150	)
In-Kind Redemptions		14,987	*		—			—			7,590	*		—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,012,012	)		231,080			286,181			(1,484,029	)		105,889			96,717
Futures		—			—			—			15			—			—
Translation of Foreign Currency Denominated Amounts		65			(44	)		147			73			59			21
Net Increase (Decrease) in Net Assets Resulting from Operations		(960,742	)		320,384			338,581			(1,411,759	)		170,070			109,364
Distributions From:
Net Investment Income:
Institutional Class Shares		(53,392	)		(51,063	)		(40,654	)		(76,637	)		(38,518	)		(9,763	)
Net Short-Term Gains:
Institutional Class Shares		—			—			—			(7,592	)		(2,252	)		—
Net Long-Term Gains:
Institutional Class Shares		(28,968	)		—			—			(17,164	)		(205	)		—
Total Distributions		(82,360	)		(51,063	)		(40,654	)		(101,393	)		(40,975	)		(9,763	)
Capital Share Transactions (1):
Shares Issued		534,434			529,554			389,496			1,729,052			1,460,555			641,548
Shares Issued in Lieu of Cash Distributions		78,686			47,880			37,524			97,113			39,306			9,439
Shares Redeemed		(587,338	)*		(295,814	)		(177,163	)		(674,151	)*		(137,846	)		(20,760	)
Net Increase (Decrease) from Capital Share Transactions		25,782			281,620			249,857			1,152,014			1,362,015			630,227
Total Increase (Decrease) in Net Assets		(1,017,320	)		550,941			547,784			(361,138	)		1,491,110			729,828
Net Assets
Beginning of Period		2,224,180			1,673,239			1,125,455			2,342,187			851,077			121,249
End of Period	$	1,206,860		$	2,224,180		$	1,673,239		$	1,981,049		$	2,342,187		$	851,077
(1) Shares Issued and Redeemed:
Shares Issued		24,768			20,502			18,097			156,232			103,681			55,322
Shares Issued in Lieu of Cash Distributions		3,394			1,862			1,796			8,456			2,819			820
Shares Redeemed		(28,525	)		(11,428	)		(8,223	)		(62,282	)		(9,741	)		(1,765	)
		(363	)		10,936			11,670			102,406			96,759			54,377
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	449		$	(1,254	)	$	(1,125	)	$	(485	)	$	1,609		$	860

* See Note N in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
131

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	T.A. World ex U.S. Core Equity Portfolio			International Small Company Portfolio										Japanese Small Company Portfolio
	Period Mar. 6, 2008(a) to Oct. 31, 2008			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006				Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	2,171		$	131,960		$	108,657		$	76,419			$	3,548		$	3,072		$	2,264
Net Realized Gain (Loss) on:
Investment Securities Sold		(2,290	)		(120,455	)		331,045			164,696				(22,824	)		(7,840	)		(2,237	)
Futures		—			(569	)		—			—				(10	)		—			—
Foreign Currency Transactions		6			(3,640	)		1,035			(124	)			(46	)		(35	)		(10	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(87,743	)		(2,759,513	)		162,772			653,248				(35,124	)		365			(6,622	)
Futures		1			(1	)		—			—				—			—			—
Translation of Foreign Currency Denominated Amounts		56			188			160			329				60			19			30
Net Increase (Decrease) in Net Assets Resulting from Operations		(87,799	)		(2,752,030	)		603,669			894,568				(54,396	)		(4,419	)		(6,575	)
Distributions From:
Net Investment Income:
Institutional Class Shares		(1,192	)		(132,809	)		(114,210	)		(72,041	)			(3,574	)		(2,759	)		(2,258	)
Net Short-Term Gains:
Institutional Class Shares		—			(36,135	)		(28,033	)		(13,690	)			—			—			—
Net Long-Term Gains:
Institutional Class Shares		—			(278,291	)		(129,328	)		(118,813	)			—			—			—
Total Distributions		(1,192	)		(447,235	)		(271,571	)		(204,544	)			(3,574	)		(2,759	)		(2,258	)
Capital Share Transactions (1):
Shares Issued		408,243			1,327,412			1,085,538			1,415,453				32,726			102,980			58,289
Shares Issued in Lieu of Cash Distributions		1,155			430,141			258,985			194,947				3,367			2,746			2,247
Shares Redeemed		(92,089	)		(1,071,124	)		(625,483	)		(479,584	)			(43,830	)		(68,425	)		(52,741	)
Net Increase (Decrease) from Capital Share Transactions		317,309			686,429			719,040			1,130,816				(7,737	)		37,301			7,795
Total Increase (Decrease) in Net Assets		228,318			(2,512,836	)		1,051,138			1,820,840				(65,707	)		30,123			(1,038	)
Net Assets
Beginning of Period		—			5,597,209			4,546,071			2,725,231		��		199,080			168,957			169,995
End of Period	$	228,318		$	3,084,373		$	5,597,209		$	4,546,071			$	133,373		$	199,080		$	168,957
(1) Shares Issued and Redeemed:
Shares Issued		51,464			83,183			52,082			80,962				2,312			5,861			3,085
Shares Issued in Lieu of Cash Distributions		124			24,110			13,230			11,924				220			157			122
Shares Redeemed		(12,532	)		(70,097	)		(30,074	)		(27,283	)			(3,276	)		(3,939	)		(2,859	)
		39,056			37,196			35,238			65,603				(744	)		2,079			348
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	1,014		$	8,898		$	6,151		$	11,888			$	964		$	894		$	489

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
132

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Asia Pacific Small Company Portfolio									United Kingdom Small Company Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	4,300		$	3,553		$	2,007		$	1,182		$	899		$	552
Net Realized Gain (Loss) on:
Investment Securities Sold		(21,574	)		4,912			(863	)		(771	)		1,545			1,355
Futures		(34	)		—			—			—			—			—
Foreign Currency Transactions		(193	)		93			(40	)		(77	)		13			10
Change in Unrealized Appreciation (Depreciation) of: Investment Securities and Foreign Currency		(69,553	)		32,175			16,555			(24,744	)		(2,123	)		7,425
Translation of Foreign Currency Denominated Amounts		(15	)		(2	)		1			11			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		(87,069	)		40,731			17,660			(24,399	)		334			9,342
Distributions From:
Net Investment Income:
Institutional Class Shares		(4,433	)		(3,089	)		(1,662	)		(1,104	)		(1,097	)		(594	)
Return of Capital		—			—			—			(19	)		—			—
Net Short-Term Gains:
Institutional Class Shares		—			—			—			(123	)		(217	)		(167	)
Net Long-Term Gains:
Institutional Class Shares		—			—			—			(1,311	)		(1,092	)		(851	)
Total Distributions		(4,433	)		(3,089	)		(1,662	)		(2,557	)		(2,406	)		(1,612	)
Capital Share Transactions (1):
Shares Issued		51,749			58,296			23,659			25,474			11,009			4,976
Shares Issued in Lieu of Cash Distributions		4,090			3,008			1,630			2,517			2,404			1,611
Shares Redeemed		(46,600	)		(24,176	)		(8,677	)		(12,291	)		(6,010	)		(3,087	)
Net Increase (Decrease) from Capital Share Transactions		9,239			37,128			16,612			15,700			7,403			3,500
Total Increase (Decrease) in Net Assets		(82,263	)		74,770			32,610			(11,256	)		5,331			11,230
Net Assets
Beginning of Period		146,307			71,537			38,927			37,139			31,808			20,578
End of Period	$	64,044		$	146,307		$	71,537		$	25,883		$	37,139		$	31,808
(1) Shares Issued and Redeemed:
Shares Issued		2,384			2,409			1,385			1,087			327			178
Shares Issued in Lieu of Cash Distributions		168			131			103			96			74			65
Shares Redeemed		(2,157	)		(979	)		(505	)		(556	)		(179	)		(113	)
		395			1,561			983			627			222			130
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	412		$	621		$	163		$	(41	)	$	(171	)		—

See accompanying Notes to Financial Statements.
133

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Continental Small Company Portfolio									DFA International Real Estate Securities Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Period March 1, 2007(a) to Nov. 30, 2007
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	4,234		$	2,554		$	1,251		$	22,511		$	4,578
Net Realized Gain (Loss) on:
Investment Securities Sold		(16,519	)		7,620			2,501			(13,579	)		(3	)
Futures		(16	)		—			—			—			—
Foreign Currency Transactions		(16	)		39			—			(521	)		9
Change in Unrealized Appreciation (Depreciation) of: Investment Securities and Foreign Currency		(81,292	)		4,064			22,126			(363,676	)		(25,701	)
Futures		1			—			—			—			—
Translation of Foreign Currency Denominated Amounts		(30	)		10			6			(124	)		14
Net Increase (Decrease) in Net Assets Resulting from Operations		(93,638	)		14,287			25,884			(355,389	)		(21,103	)
Distributions From:
Net Investment Income:
Institutional Class Shares		(3,979	)		(2,638	)		(1,315	)		(19,783	)		(2,361	)
Return of Capital		(97	)		—			—			—			—
Net Short-Term Gains:
Institutional Class Shares		(347	)		(549	)		(152	)		—			—
Net Long-Term Gains:
Institutional Class Shares		(6,764	)		(1,842	)		(5,105	)		—			—
Total Distributions		(11,187	)		(5,029	)		(6,572	)		(19,783	)		(2,361	)
Capital Share Transactions (1):
Shares Issued		72,836			94,168			23,819			580,235			375,453
Shares Issued in Lieu of Cash Distributions		10,871			4,921			6,468			19,359			2,263
Shares Redeemed		(55,803	)		(27,699	)		(11,399	)		(166,782	)		(17,412	)
Net Increase (Decrease) from Capital Share Transactions		27,904			71,390			18,888			432,812			360,304
Total Increase (Decrease) in Net Assets		(76,921	)		80,648			38,200			57,640			336,840
Net Assets
Beginning of Period		170,909			90,261			52,061			336,840			—
End of Period	$	93,988		$	170,909		$	90,261		$	394,480		$	336,840
(1) Shares Issued and Redeemed:
Shares Issued		3,830			4,007			1,338			81,466			37,594
Shares Issued in Lieu of Cash Distributions		539			227			429			2,444			239
Shares Redeemed		(3,056	)		(1,195	)		(657	)		(25,570	)		(1,821	)
		1,313			3,039			1,110			58,340			36,012
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	(43	)	$	(198	)	$	(32	)	$	4,089		$	1,877

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
134

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	DFA Global Real Estate Securities Portfolio			DFA International Small Cap Value Portfolio									International Vector Equity Portfolio			Emerging Markets Portfolio
	Period June 4, 2008(a) to Oct. 31, 2008			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period August 14, 2008(a) to Oct. 31, 2008			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	(10	)	$	222,701		$	162,639		$	100,905		$	246		$	65,186		$	61,164		$	44,476
Net Realized Gain (Loss) on:
Investment Securities Sold		(280	)		28,945			682,920			407,891			(27	)		25,666			138,572			27,573
Futures		—			(1,804	)		—			—			—			(348	)		—			—
Foreign Currency Transactions		—			(3,478	)		3,452			944			(19	)		(820	)		(116	)		(570	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(34,668	)		(4,209,886	)		(197,398	)		940,331			(16,902	)		(1,562,393	)		809,069			471,238
Futures		—			28			—			—			1			30			—			—
Translation of Foreign Currency Denominated Amounts		—			112			46			622			15			(130	)		(26	)		(23	)
Change in Deferred Thailand Capital Gains Tax		—			—			—			—			—			2,600			(825	)		883
Net Increase (Decrease) in Net Assets Resulting from Operations		(34,958	)		(3,963,382	)		651,659			1,450,693			(16,686	)		(1,470,209	)		1,007,838			543,577
Distributions From:
Net Investment Income:
Institutional Class Shares		—			(245,481	)		(179,161	)		(99,195	)		—			(63,916	)		(50,360	)		(53,784	)
Net Short-Term Gains:
Institutional Class Shares		—			(65,513	)		(22,039	)		(25,926	)		—			(855	)		—			—
Net Long-Term Gains:
Institutional Class Shares		—			(533,622	)		(365,355	)		(160,786	)		—			(126,608	)		(14,375	)		—
Total Distributions		—			(844,616	)		(566,555	)		(285,907	)		—			(191,379	)		(64,735	)		(53,784	)
Capital Share Transactions (1):
Shares Issued		144,246			2,492,365			2,243,987			1,837,883			88,814			564,637			654,824			660,484
Shares Issued in Lieu of Cash Distributions		—			812,456			539,597			270,084			—			160,500			52,208			43,208
Shares Redeemed		(18,616	)		(1,877,934	)		(1,420,896	)		(668,114	)		(5,354	)		(943,731	)		(606,683	)		(653,681	)
Net Increase (Decrease) from Capital Share Transactions		125,630			1,426,887			1,362,688			1,439,853			83,460			(218,594	)		100,349			50,011
Total Increase (Decrease) in Net Assets		90,672			(3,381,111	)		1,447,792			2,604,639			66,774			(1,880,182	)		1,043,452			539,804
Net Assets
Beginning of Period		—			8,180,859			6,733,067			4,128,428			—			3,388,442			2,344,990			1,805,186
End of Period	$	90,672		$	4,799,748		$	8,180,859		$	6,733,067		$	66,774		$	1,508,260		$	3,388,442		$	2,344,990
(1) Shares Issued and Redeemed:
Shares Issued		17,468			143,771			98,177			94,173			10,648			20,801			21,863			29,503
Shares Issued in Lieu of Cash Distributions		—			43,511			25,571			15,209			—			5,181			1,846			2,071
Shares Redeemed		(2,460	)		(114,727	)		(62,812	)		(34,273	)		(741	)		(33,697	)		(19,853	)		(30,000	)
		15,008			72,555			60,936			75,109			9,907			(7,715	)		3,856			1,574
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	6		$	681		$	33,083		$	14,322		$	232		$	5,826		$	10,896		$	3,623

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
135

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Emerging Markets Small Cap Portfolio									Emerging Markets Core Equity Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	27,317		$	17,268		$	12,622		$	42,186		$	24,655		$	9,949
Net Realized Gain (Loss) on:
Investment Securities Sold		(21,877	)		98,170			56,591			(64,050	)		7,602			3,174
Futures		(404	)		—			—			—			—			—
Foreign Currency Transactions		(1,270	)		(319	)		(457	)		(1,282	)		(348	)		(915	)
In-Kind Redemptions		—			—			—			1,902	*		—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(754,950	)		268,054			149,128			(1,113,650	)		426,503			134,318
Futures		9			—			—			4			—			—
Translation of Foreign Currency Denominated Amounts		(175	)		74			5			30			(1	)		18
Change in Deferred Thailand Capital Gains Tax		1,394			(451	)		(387	)		1,150			(772	)		(380	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(749,956	)		382,796			217,502			(1,133,710	)		457,639			146,164
Distributions From:
Net Investment Income:
Institutional Class Shares		(24,950	)		(13,632	)		(11,250	)		(40,942	)		(23,343	)		(8,470	)
Return of Capital		—			—			—			(204	)		—			—
Net Short-Term Gains:
Institutional Class Shares		(7,087	)		(5,938	)		(3,016	)		(1,827	)		(1,657	)		(80	)
Net Long-Term Gains:
Institutional Class Shares		(83,694	)		(46,706	)		(8,357	)		(5,265	)		(1,602	)		—
Total Distributions		(115,731	)		(66,276	)		(22,623	)		(48,238	)		(26,602	)		(8,550	)
Capital Share Transactions (1):
Shares Issued		293,300			507,036			275,906			940,532			857,837			545,478
Shares Issued in Lieu of Cash Distributions		95,251			60,107			20,057			47,045			25,903			8,399
Shares Redeemed		(433,687	)		(264,459	)		(134,272	)		(479,569	)*		(307,447	)		(87,918	)
Net Increase (Decrease) from Capital Share Transactions		(45,136	)		302,684			161,691			508,008			576,293			465,959
Total Increase (Decrease) in Net Assets		(910,823	)		619,204			356,570			(673,940	)		1,007,330			603,573
Net Assets
Beginning of Period		1,458,152			838,948			482,378			1,829,466			822,136			218,563
End of Period	$	547,329		$	1,458,152		$	838,948		$	1,155,526		$	1,829,466		$	822,136
(1) Shares Issued and Redeemed:
Shares Issued		17,412			23,711			18,155			59,236			46,855			41,437
Shares Issued in Lieu of Cash Distributions		4,649			3,382			1,441			3,094			1,454			655
Shares Redeemed		(24,805	)		(12,406	)		(8,956	)		(31,680	)		(16,331	)		(6,704	)
		(2,744	)		14,687			10,640			30,650			31,978			35,388
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	3,451		$	2,393		$	935		$	(45	)	$	(11	)	$	1,260

* See Note N in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
136

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	DFA One-Year Fixed Income Portfolio									DFA Two-Year Global Fixed Income Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	102,695		$	149,623		$	88,286		$	120,570		$	71,628		$	15,882
Net Realized Gain (Loss) on Affiliated Investment Company Shares Sold		(1,880	)		(1,012	)		(5,010	)		(784	)		(792	)		(1,259	)
Change in Unrealized Appreciation (Depreciation) of
Affiliated Investment Company Shares		(12,482	)		3,935			19,409			(28,565	)		65,338			81,636
Net Increase (Decrease) in Net Assets Resulting from Operations		88,333			152,546			102,685			91,221			136,174			96,259
Distributions From:
Net Investment Income:
Institutional Class Shares		(102,391	)		(149,471	)		(88,029	)		(99,225	)		(78,938	)		(28,485	)
Net Short-Term Gains:
Institutional Class Shares		—			—			—			(300	)		—			—
Net Long-Term Gains:
Institutional Class Shares		—			—			—			(299	)		—			—
Total Distributions		(102,391	)		(149,471	)		(88,029	)		(99,824	)		(78,938	)		(28,485	)
Capital Share Transactions (1):
Shares Issued		1,593,555			2,045,675			1,537,273			860,433			1,087,521			873,041
Shares Issued in Lieu of Cash Distributions		100,257			146,025			86,450			98,963			78,258			28,271
Shares Redeemed		(1,714,911	)		(1,383,749	)		(1,173,712	)		(923,706	)		(548,739	)		(538,333	)
Net Increase (Decrease) from Capital Share Transactions		(21,099	)		807,951			450,011			35,690			617,040			362,979
Total Increase (Decrease) in Net Assets		(35,157	)		811,026			464,667			27,087			674,276			430,753
Net Assets
Beginning of Period		3,229,577			2,418,551			1,953,884			3,097,898			2,423,622			1,992,869
End of Period	$	3,194,420		$	3,229,577		$	2,418,551		$	3,124,985		$	3,097,898		$	2,423,622
(1) Shares Issued and Redeemed:
Shares Issued		156,545			200,504			151,526			83,111			105,633			87,913
Shares Issued in Lieu of Cash Distributions		9,865			14,346			8,532			9,614			7,641			2,892
Shares Redeemed		(168,625	)		(135,669	)		(115,658	)		(89,218	)		(53,359	)		(54,202	)
		(2,215	)		79,181			44,400			3,507			59,915			36,603
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	9,703		$	545		$	393		$	78,106		$	206		$	7,516

See accompanying Notes to Financial Statements.
137

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	DFA Selectively Hedged Global Fixed Income Portfolio			DFA Five-Year Government Portfolio									DFA Five-Year Global Fixed Income Portfolio
	Period Jan. 9, 2008(a) to Oct. 31, 2008			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	5,310		$	30,580		$	51,637		$	38,415		$	83,061		$	87,390		$	55,362
Net Realized Gain (Loss) on: Investment Securities Sold		84			2,704			—			(14,641	)		(7,737	)		(13,531	)		(28,108	)
Foreign Currency Transactions		(7,531	)		—			—			—			(17,965	)		(29,264	)		8,867
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(28,840	)		4,964			645			13,579			8,004			31,164			88,329
Translation of Foreign Currency Denominated Amounts		(472	)		—			—			—			(14,921	)		67,297			(42,594	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(31,449	)		38,248			52,282			37,353			50,442			143,056			81,856
Distributions From:
Net Investment Income:
Institutional Class Shares		—			(38,626	)		(49,378	)		(34,242	)		(96,473	)		(60,967	)		(54,715	)
Return of Capital		(68	)		—			—			—			(5,349	)		—			(4,812	)
Total Distributions		(68	)		(38,626	)		(49,378	)		(34,242	)		(101,822	)		(60,967	)		(59,527	)
Capital Share Transactions (1):
Shares Issued		300,770			358,924			467,057			404,371			1,006,419			1,355,752			1,042,354
Shares Issued in Lieu of Cash Distributions		68			37,437			48,237			33,604			96,878			58,427			57,853
Shares Redeemed		(71,156	)		(497,555	)		(233,710	)		(257,812	)		(1,217,579	)		(399,133	)		(434,545	)
Net Increase (Decrease) from Capital Share Transactions		229,682			(101,194	)		281,584			180,163			(114,282	)		1,015,046			665,662
Total Increase (Decrease) in Net Assets		198,165			(101,572	)		284,488			183,274			(165,662	)		1,097,135			687,991
Net Assets
Beginning of Period		—			1,216,609			932,121			748,847			3,484,919			2,387,784			1,699,793
End of Period	$	198,165		$	1,115,037		$	1,216,609		$	932,121		$	3,319,257		$	3,484,919		$	2,387,784
(1) Shares Issued and Redeemed:
Shares Issued		29,751			34,739			44,986			39,056			93,497			126,584			100,867
Shares Issued in Lieu of Cash Distributions		7			3,640			4,674			3,260			9,019			5,452			5,639
Shares Redeemed		(7,505	)		(48,135	)		(22,517	)		(24,883	)		(113,277	)		(37,300	)		(42,022	)
		22,253			(9,756	)		27,143			17,433			(10,761	)		94,736			64,484
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	4		$	5,139		$	13,185		$	10,926		$	1,377		$	35,427		$	43,308

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
138

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	DFA Intermediate Government Fixed Income Portfolio									DFA Inflation-Protected Securities Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Sept. 18, 2006(a) to Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	55,814		$	51,217		$	30,134		$	22,209		$	4,228		$	48
Net Realized Gain (Loss) on Investment Securities Sold		6,370			99			272			416			—			—
Change in Unrealized Appreciation (Depreciation) of Investment Securities		(24,474	)		43,651			9,248			(60,021	)		11,920			470
Net Increase (Decrease) in Net Assets Resulting from Operations		37,710			94,967			39,654			(37,396	)		16,148			518
Distributions From:
Net Investment Income:
Institutional Class Shares		(59,933	)		(46,222	)		(25,780	)		(19,588	)		(2,996	)		—
Net Short-Term Gains:
Institutional Class Shares		—			—			(43	)		—			—			—
Net Long-Term Gains:
Institutional Class Shares		(112	)		(310	)		(2,647	)		—			—			—
Total Distributions		(60,045	)		(46,532	)		(28,470	)		(19,588	)		(2,996	)		—
Capital Share Transactions (1):
Shares Issued		443,281			484,902			462,820			273,593			197,991			35,082
Shares Issued in Lieu of Cash Distributions		56,181			42,284			25,656			19,520			2,996			—
Shares Redeemed		(543,466	)		(132,160	)		(91,806	)		(104,785	)		(8,035	)		(1,301	)
Net Increase (Decrease) from Capital Share Transactions		(44,004	)		395,026			396,670			188,328			192,952			33,781
Total Increase (Decrease) in Net Assets		(66,339	)		443,461			407,854			131,344			206,104			34,299
Net Assets
Beginning of Period		1,314,853			871,392			463,538			240,403			34,299			—
End of Period	$	1,248,514		$	1,314,853		$	871,392		$	371,747		$	240,403		$	34,299
(1) Shares Issued and Redeemed:
Shares Issued		37,222			42,833			41,320			25,237			19,382			3,495
Shares Issued in Lieu of Cash Distributions		4,761			3,751			2,296			1,803			298			—
Shares Redeemed		(45,743	)		(11,629	)		(8,199	)		(9,793	)		(786	)		(128	)
		(3,760	)		34,955			35,417			17,247			18,894			3,367
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	10,384		$	14,503		$	9,508		$	3,952		$	1,299		$	56

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
139

DFA INVESTMENT DIMENSIONS GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	DFA Short-Term Municipal Bond Portfolio									DFA California Short-Term Municipal Bond Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Period April 2, 2007(a) to Nov. 30, 2007
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	18,477		$	25,609		$	16,753		$	3,606		$	1,493
Net Realized Gain (Loss) on Investment Securities Sold		—			—			—			(19	)		(4	)
Change in Unrealized Appreciation (Depreciation) of Investment Securities		(3,435	)		2,926			1,352			(1,259	)		210
Net Increase (Decrease) in Net Assets Resulting from Operations		15,042			28,535			18,105			2,328			1,699
Distributions From:
Net Investment Income:
Institutional Class Shares		(18,834	)		(24,969	)		(16,050	)		(3,577	)		(1,116	)
Total Distributions		(18,834	)		(24,969	)		(16,050	)		(3,577	)		(1,116	)
Capital Share Transactions (1):
Shares Issued		411,057			452,239			315,794			152,527			143,647
Shares Issued in Lieu of Cash Distributions		18,360			24,353			15,654			3,453			1,060
Shares Redeemed		(382,133	)		(229,674	)		(147,104	)		(102,799	)		(16,307	)
Net Increase (Decrease) from Capital Share Transactions		47,284			246,918			184,344			53,181			128,400
Total Increase (Decrease) in Net Assets		43,492			250,484			186,399			51,932			128,983
Net Assets
Beginning of Period		948,426			697,942			511,543			128,983			—
End of Period	$	991,918		$	948,426		$	697,942		$	180,915		$	128,983
(1) Shares Issued and Redeemed:
Shares Issued		40,917			45,158			31,649			15,158			14,330
Shares Issued in Lieu of Cash Distributions		1,829			2,434			1,571			344			106
Shares Redeemed		(38,066	)		(22,928	)		(14,747	)		(10,222	)		(1,624	)
		4,680			24,664			18,473			5,280			12,812
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	2,170		$	2,527		$	1,887		$	439		$	399

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
140

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Large Company Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	43.61		$	41.24		$	36.79		$	34.59		$	31.16		$	27.56
Income From Investment Operations
Net Investment Income (Loss)		0.72	(A)		0.80	(A)		0.71	(A)		0.60			0.61			0.47
Net Gains (Losses) on Securities (Realized and Unrealized)		(14.96	)		2.33			4.41			2.28			3.31			3.57
Total From Investment Operations		(14.24	)		3.13			5.12			2.88			3.92			4.04
Less Distributions
Net Investment Income		(0.80	)		(0.76	)		(0.67	)		(0.68	)		(0.49	)		(0.44	)
Net Realized Gains		—			—			—			—			—			—
Total Distributions		(0.80	)		(0.76	)		(0.67	)		(0.68	)		(0.49	)		(0.44	)
Net Asset Value, End of Period	$	28.57		$	43.61		$	41.24		$	36.79		$	34.59		$	31.16
Total Return		(33.14	)%(C)		7.66	%		14.12	%		8.41	%		12.68	%		14.90	%
Net Assets, End of Period (thousands)	$	2,544,038		$	3,415,833		$	2,868,811		$	2,088,128		$	1,440,869		$	1,017,265
Ratio of Expenses to Average Net Assets (D)		0.15	%(B)		0.15	%		0.15	%		0.15	%		0.15	%		0.15	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.15	%(B)		0.15	%		0.19	%		0.30	%		0.30	%		0.30	%
Ratio of Net Investment Income to Average Net Assets		2.05	%(B)		1.85	%		1.85	%		1.78	%		1.92	%		1.66	%

	Enhanced U.S. Large Company Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	10.91		$	10.95		$	9.82		$	9.35		$	8.42		$	7.41
Income From Investment Operations
Net Investment Income (Loss)		0.39	(A)		0.30	(A)		0.12	(A)		0.29			0.09			0.10
Net Gains (Losses) on Securities (Realized and Unrealized)		(3.74	)		0.45			1.19			0.37			0.94			1.02
Total From Investment Operations		(3.35	)		0.75			1.31			0.66			1.03			1.12
Less Distributions
Net Investment Income		(0.36	)		(0.36	)		(0.18	)		(0.19	)		(0.10	)		(0.11	)
Net Realized Gains		(0.73	)		(0.43	)		—			—			—			—
Total Distributions		(1.09	)		(0.79	)		(0.18	)		(0.19	)		(0.10	)		(0.11	)
Net Asset Value, End of Period	$	6.47		$	10.91		$	10.95		$	9.82		$	9.35		$	8.42
Total Return		(33.89	)%(C)		7.13	%		13.52	%		7.08	%		12.28	%		15.39	%
Net Assets, End of Period (thousands)	$	200,331		$	337,050		$	347,216		$	313,543		$	221,744		$	141,489
Ratio of Expenses to Average Net Assets (D)		0.25	%(B)		0.25	%		0.26	%		0.34	%		0.37	%		0.36	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.25	%(B)		0.25	%		0.26	%		0.34	%		0.37	%		0.36	%
Ratio of Net Investment Income to Average Net Assets		4.74	%(B)		2.67	%		1.19	%		3.11	%		0.95	%		1.32	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
141

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Large Cap Value Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	24.44		$	25.40		$	21.93		$	19.37		$	16.14		$	13.63
Income From Investment Operations
Net Investment Income (Loss)		0.36	(A)		0.33	(A)		0.38	(A)		0.30			0.16			0.20
Net Gains (Losses) on Securities (Realized and Unrealized)		(8.83	)		(0.43	)		3.50			2.49			3.28			2.50
Total From Investment Operations		(8.47	)		(0.10	)		3.88			2.79			3.44			2.70
Less Distributions
Net Investment Income		(0.35	)		(0.32	)		(0.35	)		(0.23	)		(0.21	)		(0.19	)
Net Realized Gains		(1.04	)		(0.54)			(0.06	)		—			—			—
Total Distributions		(1.39	)		(0.86	)		(0.41	)		(0.23	)		(0.21	)		(0.19	)
Net Asset Value, End of Period	$	14.58		$	24.44		$	25.40		$	21.93		$	19.37		$	16.14
Total Return		(36.63	)%(C)		(0.49	)%		17.97	%		14.49	%		21.48	%		20.10	%
Net Assets, End of Period (thousands)	$	5,330,448		$	7,535,552		$	6,410,086		$	4,046,083		$	2,630,361		$	1,709,428
Ratio of Expenses to Average Net Assets		0.28	%(B)(D)		0.27	%(D)		0.28	%(D)		0.30	%(D)		0.32	%(D)		0.31	%(D)
Ratio of Net Investment Income to Average Net Assets		1.86	%(B)		1.28	%		1.64	%		1.48	%		0.89	%		1.46	%
Portfolio Turnover Rate		N/A			N/A			N/A			N/A			N/A			N/A

	U.S. Targeted Value Portfolio- Class R1 Shares
	Period Jan. 31, 2008(a) to Oct. 31, 2008
Net Asset Value, Beginning of Period	$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.09	(A)
Net Gains (Losses) on Securities (Realized and Unrealized)		(2.56	)
Total From Investment Operations		(2.47	)
Less Distributions
Net Investment Income		(0.10	)
Net Realized Gains		—
Total Distributions		(0.10	)
Net Asset Value, End of Period	$	7.43
Total Return		(24.96	)%(C)
Net Assets, End of Period (thousands)	$	25,599
Ratio of Expenses to Average Net Assets		0.50	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		1.24	%(B)(E)
Portfolio Turnover Rate		20	%(C)

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
142

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Targeted Value Portfolio- Class R2 Shares
	Period June 30, 2008(a) to Oct. 31, 2008
Net Asset Value, Beginning of Period	$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.04	(A)
Net Gains (Losses) on Securities (Realized and Unrealized)		(2.17	)
Total From Investment Operations		(2.13	)
Less Distributions
Net Investment Income		(0.04	)
Net Realized Gains		—
Total Distributions		(0.04	)
Net Asset Value, End of Period	$	7.83
Total Return		(21.40	)%(C)
Net Assets, End of Period (thousands)	$	1,715
Ratio of Expenses to Average Net Assets		0.66	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.66	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		1.35	%(B)(E)
Portfolio Turnover Rate		20	%(C)

	U.S. Targeted Value Portfolio- Institutional Class Shares
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	15.89		$	18.69		$	17.33		$	17.09		$	15.14		$	12.41
Income From Investment Operations
Net Investment Income (Loss)		0.18	(A)		0.20	(A)		0.21	(A)		0.32			0.86			0.05
Net Gains (Losses) on Securities (Realized and Unrealized)		(4.68	)		(1.32	)		2.84			1.59			2.88			4.12
Total From Investment Operations		(4.50	)		(1.12	)		3.05			1.91			3.74			4.17
Less Distributions
Net Investment Income		(0.15	)		(0.20	)		(0.25	)		(0.23	)		(0.90	)		(0.09	)
Net Realized Gains		(0.40	)		(1.48	)		(1.44	)		(1.44	)		(0.89	)		(1.35	)
Total Distributions		(0.55	)		(1.68	)		(1.69	)		(1.67	)		(1.79	)		(1.44	)
Net Asset Value, End of Period	$	10.84		$	15.89		$	18.69		$	17.33		$	17.09		$	15.14
Total Return		(29.27	)%(C)		(6.59	)%		19.48	%		12.17	%		27.36	%		38.43	%
Net Assets, End of Period (thousands)	$	855,448		$	554,805		$	215,338		$	172,595		$	159,325		$	96,924
Ratio of Expenses to Average Net Assets		0.40	%(B)		0.41	%(D)**		0.46	%(D)		0.47	%(D)		0.50	%(D)		0.47	%(D)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.40	%(B)		0.41	%(D)**		0.46	%(D)		0.47	%(D)		0.48	%(D)		0.48	%(D)
Ratio of Net Investment Income to Average Net Assets		1.39	%(B)		1.12	%		1.19	%		1.91	%		0.27	%		0.41	%
Portfolio Turnover Rate		20	%(C)		9	%(C)*		N/A			N/A			N/A			N/A

* For the period March 30, 2007 through November 30, 2007. Effective March 30, 2007, the U.S. Targeted Value Portfolio invests directly in securities rather than through the Series.

** Represents the combined ratios for the respective portfolio and for the period December 1, 2006 through March 29, 2007, its respective pro-rata share of its Master Fund Series.

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
143

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Small Cap Value Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	26.49		$	31.59		$	28.74		$	27.71		$	23.26		$	17.70
Income From Investment Operations
Net Investment Income (Loss)		0.18	(A)		0.30	(A)		0.28	(A)		0.29			0.30			0.08
Net Gains (Losses) on Securities (Realized and Unrealized)		(7.86	)		(2.72	)		5.06			2.66			5.73			7.21
Total From Investment Operations		(7.68	)		(2.42	)		5.34			2.95			6.03			7.29
Less Distributions
Net Investment Income		(0.22	)		(0.28	)		(0.23	)		(0.26	)		(0.38	)		(0.07	)
Net Realized Gains		(2.27	)		(2.40)			(2.26	)		(1.66	)		(1.20	)		(1.66	)
Total Distributions		(2.49	)		(2.68)			(2.49	)		(1.92	)		(1.58	)		(1.73	)
Net Asset Value, End of Period	$	16.32		$	26.49		$	31.59		$	28.74		$	27.71		$	23.26
Total Return		(31.80	)%(C)		(8.41	)%		20.29	%		11.32	%		27.46	%		45.92	%
Net Assets, End of Period (thousands)	$	5,503,945		$	8,802,846		$	8,738,278		$	6,924,234		$	5,795,166		$	4,209,747
Ratio of Expenses to Average Net Assets		0.52	%(B)(D)		0.52	%(D)		0.53	%(D)		0.55	%(D)		0.56	%(D)		0.56	%(D)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.52	%(B)(D)		0.52	%(D)		0.53	%(D)		0.55	%(D)		0.56	%(D)		0.56	%(D)
Ratio of Net Investment Income to Average Net Assets		0.86	%(B)		0.98	%		0.94	%		1.04	%		0.04	%		0.46	%
Portfolio Turnover Rate		N/A			N/A			N/A			N/A			N/A			N/A

	U.S. Core Equity 1 Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Sept. 15, 2005(a) to Nov. 30, 2005
Net Asset Value, Beginning of Period	$	11.83		$	11.50		$	10.22		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.17	(A)		0.19	(A)		0.17	(A)		0.03
Net Gains (Losses) on Securities (Realized and Unrealized)		(4.03	)		0.35			1.28			0.19
Total From Investment Operations		(3.86	)		0.54			1.45			0.22
Less Distributions
Net Investment Income		(0.16	)		(0.18	)		(0.17	)		—
Net Realized Gains		—			(0.03	)		—			—
Total Distributions		(0.16	)		(0.21	)		(0.17	)		—
Net Asset Value, End of Period	$	7.81		$	11.83		$	11.50		$	10.22
Total Return		(32.85	)%(C)		4.68	%		14.35	%		2.20	%(C)
Net Assets, End of Period (thousands)	$	1,320,562		$	1,210,031		$	652,270		$	123,591
Ratio of Expenses to Average Net Assets		0.20	%(B)		0.20	%		0.23	%		0.23	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.20	%(B)		0.20	%		0.23	%		0.37	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		1.78	%(B)		1.53	%		1.52	%		1.85	%(B)(E)
Portfolio Turnover Rate		5	%(C)		10	%		6	%		0	%(C)

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
144

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Core Equity 2 Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Sept. 15, 2005(a) to Nov. 30, 2005
Net Asset Value, Beginning of Period	$	11.77		$	11.65		$	10.24		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.17	(A)		0.19	(A)		0.17	(A)		0.03
Net Gains (Losses) on Securities (Realized and Unrealized)		(4.04	)		0.13			1.40			0.21
Total From Investment Operations		(3.87	)		0.32			1.57			0.24
Less Distributions
Net Investment Income		(0.17	)		(0.17	)		(0.16	)		—
Net Realized Gains		—			(0.03	)		—			—
Total Distributions		(0.17	)		(0.20	)		(0.16	)		—
Net Asset Value, End of Period	$	7.73		$	11.77		$	11.65		$	10.24
Total Return		(33.16	)%(C)		2.78	%		15.50	%		2.40	%(C)
Net Assets, End of Period (thousands)	$	2,501,028		$	2,939,420		$	1,216,310		$	182,078
Ratio of Expenses to Average Net Assets		0.23	%(B)		0.23	%		0.26	%		0.26	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.23	%(B)		0.23	%		0.26	%		0.38	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		1.77	%(B)		1.55	%		1.55	%		1.92	%(B)(E)
Portfolio Turnover Rate		8	%(C)		7	%		5	%		0	%(C)

	U.S. Vector Equity Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 30, 2005(a) to Nov. 30, 2006
Net Asset Value, Beginning of Period	$	11.38		$	11.79		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.15	(A)		0.16	(A)		0.13	(A)
Net Gains (Losses) on Securities (Realized and Unrealized)		(3.89	)		(0.25	)		1.73
Total From Investment Operations		(3.74	)		(0.09	)		1.86
Less Distributions
Net Investment Income		(0.16	)		(0.14	)		(0.07	)
Net Realized Gains		—			(0.18	)		—
Total Distributions		(0.16	)		(0.32	)		(0.07	)
Net Asset Value, End of Period	$	7.48		$	11.38		$	11.79
Total Return		(33.29	)%(C)		(0.87	)%		18.65	%(C)
Net Assets, End of Period (thousands)	$	850,623		$	959,742		$	403,312
Ratio of Expenses to Average Net Assets		0.34	%(B)		0.34	%		0.36	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.34	%(B)		0.33	%		0.39	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		1.66	%(B)		1.29	%		1.24	%(B)(E)
Portfolio Turnover Rate		11	%(C)		14	%		24	%(C)

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
145

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	T.A. U.S. Core Equity 2 Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Period Oct. 4, 2007(a) to Nov. 30, 2007
Net Asset Value, Beginning of Period	$	9.40		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.13	(A)		0.02	(A)
Net Gains (Losses) on Securities (Realized and Unrealized)		(3.12	)		(0.62	)
Total From Investment Operations		(2.99	)		(0.60	)
Less Distributions
Net Investment Income		(0.10	)		—
Net Realized Gains		—			—
Tax Return of Capital		—			—
Total Distributions		(0.10	)		—
Net Asset Value, End of Period	$	6.31		$	9.40
Total Return		(32.16	)%(C)		(6.00	)%(C)
Net Assets, End of Period (thousands)	$	585,165		$	106,507
Ratio of Expenses to Average Net Assets		0.29	%(B)		0.30	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.29	%(B)		0.60	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		1.75	%(B)		2.09	%(B)(E)
Portfolio Turnover Rate		9	%(C)		0	%(C)

	U.S. Small Cap Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	20.64		$	22.46		$	20.75		$	19.13		$	16.52		$	11.97
Income From Investment Operations
Net Investment Income (Loss)		0.14	(A)		0.21	(A)		0.17	(A)		0.15			0.05			0.06
Net Gains (Losses) on Securities (Realized and Unrealized)		(6.08	)		(0.66	)		2.84			1.75			2.67			4.65
Total From Investment Operations		(5.94	)		(0.45	)		3.01			1.90			2.72			4.71
Less Distributions
Net Investment Income		(0.17	)		(0.21	)		(0.13	)		(0.13	)		(0.10	)		(0.07	)
Net Realized Gains		(1.18	)		(1.16	)		(1.17	)		(0.15	)		—			(0.09	)
Tax Return of Capital		—			—			—			—			(0.01	)		—
Total Distributions		(1.35	)		(1.37)			(1.30	)		(0.28	)		(0.11	)		(0.16	)
Net Asset Value, End of Period	$	13.35		$	20.64		$	22.46		$	20.75		$	19.13		$	16.52
Total Return		(30.67	)%(C)		(2.17	)%		15.49	%		10.04	%		16.59	%		39.89	%
Net Assets, End of Period (thousands)	$	2,066,849		$	3,285,093		$	3,297,199		$	2,641,670		$	2,137,970		$	1,134,027
Ratio of Expenses to Average Net Assets		0.38	%(B)(D)		0.38	%(D)		0.38	%(D)		0.40	%(D)		0.41	%(D)		0.42	%(D)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.38	%(B)(D)		0.38	%(D)		0.38	%(D)		0.40	%(D)		0.41	%(D)		0.42	%(D)
Ratio of Net Investment Income to Average Net Assets		0.86	%(B)		0.95	%		0.82	%		0.78	%		0.22	%		0.52	%
Portfolio Turnover Rate		N/A			N/A			N/A			N/A			N/A			N/A

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
146

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	U.S. Micro Cap Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	14.80		$	16.83		$	15.91		$	15.06		$	13.34		$	9.07
Income From Investment Operations
Net Investment Income (Loss)		0.10	(A)		0.14	(A)		0.10	(A)		0.07			0.19			0.03
Net Gains (Losses) on Securities (Realized and Unrealized)		(4.32	)		(0.69	)		2.04			1.43			1.93			4.40
Total From Investment Operations		(4.22	)		(0.55	)		2.14			1.50			2.12			4.43
Less Distributions
Net Investment Income		(0.13	)		(0.13	)		(0.08	)		(0.06	)		(0.22	)		(0.02	)
Net Realized Gains		(1.26	)		(1.35	)		(1.14	)		(0.59	)		(0.18	)		(0.14	)
Total Distributions		(1.39	)		(1.48	)		(1.22	)		(0.65	)		(0.40	)		(0.16	)
Net Asset Value, End of Period	$	9.19		$	14.80		$	16.83		$	15.91		$	15.06		$	13.34
Total Return		(31.33	)%(C)		(3.63	)%		14.52	%		10.33	%		16.34	%		49.69	%
Net Assets, End of Period (thousands)	$	2,924,225		$	4,700,371		$	4,824,003		$	3,949,511		$	3,214,520		$	2,622,847
Ratio of Expenses to Average Net Assets		0.53	%(B)(D)		0.52	%(D)		0.53	%(D)		0.55	%(D)		0.56	%(D)		0.56	%(D)
Ratio of Net Investment Income to Average Net Assets		0.91	%(B)		0.89	%		0.64	%		0.48	%		0.06	%		0.25	%
Portfolio Turnover Rate		N/A			N/A			N/A			N/A			N/A			N/A

	DFA Real Estate Securities Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	27.20		$	33.80		$	25.75		$	23.02		$	18.80		$	14.91
Income From Investment Operations
Net Investment Income (Loss)		0.64	(A)		0.62	(A)		0.64	(A)		0.82			0.62			0.64
Net Gains (Losses) on Securities (Realized and Unrealized)		(9.28	)		(5.64	)		8.84			3.33			4.47			4.08
Total From Investment Operations		(8.64	)		(5.02	)		9.48			4.15			5.09			4.72
Less Distributions
Net Investment Income		(0.30	)		(0.70	)		(1.02	)		(0.86	)		(0.71	)		(0.75	)
Net Realized Gains		(2.10	)		(0.88	)		(0.41	)		(0.56	)		(0.16	)		(0.08	)
Total Distributions		(2.40	)		(1.58	)		(1.43	)		(1.42	)		(0.87	)		(0.83	)
Net Asset Value, End of Period	$	16.16		$	27.20		$	33.80		$	25.75		$	23.02		$	18.80
Total Return		(34.46	)%(C)		(15.45	)%		38.23	%		18.81	%		29.44	%		33.48	%
Net Assets, End of Period (thousands)	$	1,746,961		$	2,671,457		$	2,837,026		$	1,836,650		$	1,308,898		$	783,405
Ratio of Expenses to Average Net Assets		0.33	%(B)		0.33	%		0.33	%		0.37	%		0.39	%		0.41	%
Ratio of Net Investment Income to Average Net Assets		3.01	%(B)		1.99	%		2.25	%		3.11	%		3.61	%		4.19	%
Portfolio Turnover Rate		13	%(C)		17	%		10	%		3	%		6	%		2	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
147

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Large Cap International Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	27.18		$	23.60		$	19.00		$	17.31		$	14.65		$	12.10
Income From Investment Operations
Net Investment Income (Loss)		0.68	(A)		0.68	(A)		0.55	(A)		0.44			0.31			0.25
Net Gains (Losses) on Securities (Realized and Unrealized)		(12.06	)		3.57			4.68			1.72			2.86			2.51
Total From Investment Operations		(11.38	)		4.25			5.23			2.16			3.17			2.76
Less Distributions
Net Investment Income		(0.64	)		(0.67	)		(0.63	)		(0.47	)		(0.51	)		(0.21	)
Net Realized Gains		(0.35	)		—			—			—			—			—
Total Distributions		(0.99	)		(0.67)			(0.63	)		(0.47	)		(0.51	)		(0.21	)
Net Asset Value, End of Period	$	14.81		$	27.18		$	23.60		$	19.00		$	17.31		$	14.65
Total Return		(43.14	)%(C)		18.18	%		28.00	%		12.73	%		22.09	%		23.32	%
Net Assets, End of Period (thousands)	$	1,206,860		$	2,224,180		$	1,673,239		$	1,125,455		$	844,883		$	504,123
Ratio of Expenses to Average Net Assets		0.29	%(B)		0.29	%		0.29	%		0.37	%		0.41	%		0.43	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.29	%(B)		0.29	%		0.29	%		0.37	%		0.41	%		0.43	%
Ratio of Net Investment Income to Average Net Assets		3.18	%(B)		2.62	%		2.56	%		2.41	%		2.07	%		2.10	%
Portfolio Turnover Rate		12	%(C)		5	%		4	%		4	%		1	%		1	%

	International Core Equity Portfolio												T.A World ex U.S. Core Equity Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Sept. 15, 2005(a) to Nov. 30, 2005			Period March 6, 2008(a) to Oct. 31, 2008
Net Asset Value, Beginning of Period	$	14.35		$	12.82		$	10.07		$	10.00		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.37	(A)		0.35	(A)		0.28	(A)		0.04	(A)		0.15	(A)
Net Gains (Losses) on Securities (Realized and Unrealized)		(6.76	)		1.54			2.71			0.03			(4.15	)
Total From Investment Operations		(6.39	)		1.89			2.99			0.07			(4.00	)
Less Distributions
Net Investment Income		(0.35	)		(0.32	)		(0.24	)		—			(0.15	)
Net Realized Gains		(0.15	)		(0.04	)		—			—			—
Total Distributions		(0.50	)		(0.36	)		(0.24	)		—			(0.15	)
Net Asset Value, End of Period	$	7.46		$	14.35		$	12.82		$	10.07		$	5.85
Total Return		(45.76	)%(C)		14.83	%		30.06	%		0.70	%(C)		(40.61	)%(C)
Net Assets, End of Period (thousands)	$	1,981,049		$	2,342,187		$	851,077		$	121,249		$	228,318
Ratio of Expenses to Average Net Assets		0.41	%(B)		0.41	%		0.48	%		0.49	%(B)(E)		0.60	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.41	%(B)		0.41	%		0.46	%		0.90	%(B)(E)		0.85	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		3.39	%(B)		2.49	%		2.35	%		1.89	%(B)(E)		3.27	%(B)(E)
Portfolio Turnover Rate		4	%(C)		4	%		2	%		0	%(C)		2	%(C)

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
148

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	International Small Company Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	20.80		$	19.43		$	16.19		$	14.12		$	11.00		$	7.41
Income From Investment Operations
Net Investment Income (Loss)		0.44	(A)		0.43	(A)		0.36	(A)		0.31	(A)		0.22			0.16
Net Gains (Losses) on Securities (Realized and Unrealized)		(9.55	)		2.07			4.02			2.38			3.24			3.57
Total From Investment Operations		(9.11	)		2.50			4.38			2.69			3.46			3.73
Less Distributions
Net Investment Income		(0.45	)		(0.46	)		(0.36	)		(0.29	)		(0.34	)		(0.14	)
Net Realized Gains		(1.17	)		(0.67)			(0.78	)		(0.33	)		—			—
Total Distributions		(1.62	)		(1.13)			(1.14	)		(0.62	)		(0.34	)		(0.14	)
Net Asset Value, End of Period	$	10.07		$	20.80		$	19.43		$	16.19		$	14.12		$	11.00
Total Return		(47.13	)%(C)		13.29	%		28.51	%		19.74	%		32.10	%		51.28	%
Net Assets, End of Period (thousands)	$	3,084,373		$	5,597,209		$	4,546,071		$	2,725,231		$	1,658,184		$	909,887
Ratio of Expenses to Average Net Assets (D)		0.55	%(B)		0.55	%		0.56	%		0.64	%		0.69	%		0.71	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.55	%(B)		0.55	%		0.56	%		0.64	%		0.69	%		0.71	%
Ratio of Net Investment Income to Average Net Assets		2.90	%(B)		2.03	%		2.04	%		2.05	%		1.82	%		1.97	%

	Japanese Small Company Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	16.75		$	17.23		$	17.97		$	13.99		$	10.80		$	7.49
Income From Investment Operations
Net Investment Income (Loss)		0.29	(A)		0.27	(A)		0.22	(A)		0.16	(A)		0.22			0.05
Net Gains (Losses) on Securities (Realized and Unrealized)		(4.78	)		(0.52	)		(0.73	)		4.00			3.16			3.35
Total From Investment Operations		(4.49	)		(0.25	)		(0.51	)		4.16			3.38			3.40
Less Distributions
Net Investment Income		(0.29	)		(0.23	)		(0.23	)		(0.18	)		(0.19	)		(0.09	)
Net Realized Gains		—			—			—			—			—			—
Total Distributions		(0.29	)		(0.23	)		(0.23	)		(0.18	)		(0.19	)		(0.09	)
Net Asset Value, End of Period	$	11.97		$	16.75		$	17.23		$	17.97		$	13.99		$	10.80
Total Return		(27.16	)%(C)		(1.51	)%		(2.94	)%		30.13	%		31.79	%		46.01	%
Net Assets, End of Period (thousands)	$	133,373		$	199,080		$	168,957		$	169,995		$	65,879		$	22,713
Ratio of Expenses to Average Net Assets (D)		0.58	%(B)		0.56	%		0.61	%		0.68	%		0.73	%		0.75	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.58	%(B)		0.56	%		0.58	%		0.68	%		0.79	%		0.85	%
Ratio of Net Investment Income to Average Net Assets		2.18	%(B)		1.51	%		1.19	%		1.03	%		1.01	%		1.18	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
149

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Asia Pacific Small Company Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	28.73		$	20.26		$	15.28		$	14.54		$	12.10		$	7.92
Income From Investment Operations
Net Investment Income (Loss)		0.83	(A)		0.79	(A)		0.64	(A)		0.70			0.50			(0.13	)
Net Gains (Losses) on Securities (Realized and Unrealized)		(17.04	)		8.43			4.92			0.54			2.58			4.69
Total From Investment Operations		(16.21	)		9.22			5.56			1.24			3.08			4.56
Less Distributions
Net Investment Income		(0.85	)		(0.75	)		(0.58	)		(0.50	)		(0.64	)		(0.38	)
Net Realized Gains		—			—			—			—			—			—
Return of Capital		—			—			—			—			—			—
Total Distributions		(0.85	)		(0.75)			(0.58	)		(0.50	)		(0.64	)		(0.38	)
Net Asset Value, End of Period	$	11.67		$	28.73		$	20.26		$	15.28		$	14.54		$	12.10
Total Return		(57.94	)%(C)		46.55	%		37.52	%		8.81	%		26.73	%		60.57	%
Net Assets, End of Period (thousands)	$	64,044		$	146,307		$	71,537		$	38,927		$	26,735		$	20,378
Ratio of Expenses to Average Net Assets(D)		0.62	%(B)		0.62	%		0.64	%		0.74	%		0.80	%		0.78	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Expenses)(D)		0.61	%(B)		0.59	%		0.64	%		0.86	%		0.96	%		0.88	%
Ratio of Net Investment Income to Average Net Assets		3.85	%(B)		3.13	%		3.68	%		3.89	%		3.29	%		2.87	%

	United Kingdom Small Company Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	31.29		$	32.97		$	24.65		$	23.47		$	19.26		$	14.24
Income From Investment Operations
Net Investment Income (Loss)		0.77	(A)		0.78	(A)		0.61	(A)		0.64	(A)		0.48			0.62
Net Gains (Losses) on Securities (Realized and Unrealized)		(15.84	)		(0.08	)		9.61			2.15			4.87			5.26
Total From Investment Operations		(15.07	)	��	0.70			10.22			2.79			5.35			5.88
Less Distributions
Net Investment Income		(0.72	)		(1.03	)		(0.68	)		(0.59	)		(1.14	)		(0.54	)
Net Realized Gains		(1.22	)		(1.35	)		(1.22	)		(1.02	)		—			(0.32	)
Return of Capital		(0.01	)		—			—			—			—			—
Total Distributions		(1.95	)		(2.38	)		(1.90	)		(1.61	)		(1.14	)		(0.86	)
Net Asset Value, End of Period	$	14.27		$	31.29		$	32.97		$	24.65		$	23.47		$	19.26
Total Return		(50.97	)%(C)		1.94	%		44.15	%		12.35	%		29.05	%		44.01	%
Net Assets, End of Period (thousands)	$	25,883		$	37,139		$	31,808		$	20,578		$	15,816		$	12,209
Ratio of Expenses to Average Net Assets(D)		0.59	%(B)		0.59	%		0.60	%		0.70	%		0.74	%		0.73	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Expenses)(D)		0.65	%(B)		0.62	%		0.67	%		0.89	%		1.04	%		0.96	%
Ratio of Net Investment Income to Average Net Assets		3.41	%(B)		2.28	%		2.20	%		2.70	%		2.21	%		2.83	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
150

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Continental Small Company Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	22.95		$	20.47		$	15.78		$	14.12		$	12.60		$	8.93
Income From Investment Operations
Net Investment Income (Loss)		0.52	(A)		0.40	(A)		0.31	(A)		0.21			0.17			0.49
Net Gains (Losses) on Securities (Realized and Unrealized)		(11.32	)		3.00			6.28			2.28			3.64			3.83
Total From Investment Operations		(10.80	)		3.40			6.59			2.49			3.81			4.32
Less Distributions
Net Investment Income		(0.45	)		(0.38	)		(0.34	)		(0.30	)		(0.50	)		(0.22	)
Net Realized Gains		(0.96	)		(0.54	)		(1.56	)		(0.53	)		(1.79	)		(0.43	)
Return of Capital		(0.01	)		—			—			—			—			—
Total Distributions		(1.42	)		(0.92	)		(1.90	)		(0.83	)		(2.29	)		(0.65	)
Net Asset Value, End of Period	$	10.73		$	22.95		$	20.47		$	15.78		$	14.12		$	12.60
Total Return		(49.89	)%(C)		16.99	%		46.33	%		18.42	%		35.91	%		52.10	%
Net Assets, End of Period (thousands)	$	93,988		$	170,909		$	90,261		$	52,061		$	33,839		$	24,376
Ratio of Expenses to Average Net Assets		0.59	%(B)(D)		0.61	%(D)		0.62	%(D)		0.71	%(D)		0.73	%(D)		0.77	%(D)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.59	%(B)(D)		0.57	%(D)		0.61	%(D)		0.78	%(D)		0.87	%(D)		0.88	%(D)
Ratio of Net Investment Income (Loss) to Average Net Assets		3.04	%(B)		1.70	%		1.78	%		1.77	%		1.56	%		2.07	%
Portfolio Turnover Rate		N/A			N/A			N/A			N/A			N/A			N/A

	DFA International Real Estate Securities Portfolio						DFA Global Real Estate Securities Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Period March 1, 2007(a) to Nov. 30, 2007			Period June 4, 2008(a) to Oct. 31, 2008
Net Asset Value, Beginning of Period	$	9.35		$	10.00		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.34	(A)		0.23	(A)		—	(A)
Net Gains (Losses) on Securities (Realized and Unrealized)		(5.08	)		(0.76	)		(3.96	)
Total From Investment Operations		(4.74	)		(0.53	)		(3.96	)
Less Distributions
Net Investment Income		(0.43	)		(0.12	)		—
Net Realized Gains		—			—			—
Return of Capital		—			—			—
Total Distributions		(0.43	)		(0.12	)		—
Net Asset Value, End of Period	$	4.18		$	9.35		$	6.04
Total Return		(52.85	)%(C)		(5.38	)%(C)		(39.60	)%(C)
Net Assets, End of Period (thousands)	$	394,480		$	336,840		$	90,672
Ratio of Expenses to Average Net Assets		0.44	%(B)		0.48	%(B)(E)		0.54	%(B)(D)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.44	%(B)		0.48	%(B)(E)		0.86	%(B)(D)(E)
Ratio of Net Investment Income (Loss) to Average Net Assets		5.20	%(B)		3.50	%(B)(E)		(0.04	)%(B)(E)
Portfolio Turnover Rate		1	%(C)		2	%(C)		N/A

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
151

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	DFA International Small Cap Value Portfolio																		International Vector Equity Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003			Period August 14, 2008(a) to Oct. 31, 2008
Net Asset Value, Beginning of Period	$	22.05		$	21.71		$	17.57		$	15.16		$	11.52		$	7.42		$	10.00
Income From Investment
Operations
Net Investment Income (Loss)		0.52	(A)		0.46	(A)		0.36	(A)		0.40	(A)		0.23			0.16			0.06	(A)
Net Gains (Losses) on Securities (Realized and Unrealized)		(9.60	)		1.66			4.95			2.77			3.85			4.09			(3.32	)
Total From Investment Operations		(9.08	)		2.12			5.31			3.17			4.08			4.25			(3.26	)
Less Distributions
Net Investment Income		(0.58	)		(0.53)			(0.38	)		(0.36	)		(0.35	)		(0.15	)		—
Net Realized Gains		(1.57	)		(1.25)			(0.79	)		(0.40	)		(0.09	)		—			—
Total Distributions		(2.15	)		(1.78)			(1.17	)		(0.76	)		(0.44	)		(0.15	)		—
Net Asset Value, End of Period	$	10.82		$	22.05		$	21.71		$	17.57		$	15.16		$	11.52		$	6.74
Total Return		(45.17	)%(C)		10.25	%		31.73	%		21.75	%		36.34	%		58.44	%		(32.60	)%(C)
Net Assets, End of Period (thousands)	$	4,799,748		$	8,180,859		$	6,733,067		$	4,128,428		$	2,215,523		$	1,095,697		$	66,774
Ratio of Expenses to Average Net Assets		0.69	%(B)		0.69	%		0.70	%		0.75	%		0.78	%		0.81	%		0.60	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.69	%(B)		0.69	%		0.70	%		0.75	%		0.78	%		0.81	%		1.15	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		3.22	%(B)		2.03	%		1.85	%		2.44	%		1.63	%		1.75	%		3.01	%(B)(E)
Portfolio Turnover Rate		16	%(C)		18	%		14	%		13	%		10	%		10	%		0	%(C)

	Emerging Markets Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	35.23		$	25.40		$	19.89		$	15.61		$	11.87		$	8.65
Income From Investment
Operations
Net Investment Income (Loss)		0.70	(A)		0.64	(A)		0.48	(A)		0.58	(A)		0.27			0.16
Net Gains (Losses) on Securities (Realized and Unrealized)		(16.85	)		9.88			5.61			4.13			3.80			3.18
Total From Investment Operations		(16.15	)		10.52			6.09			4.71			4.07			3.34
Less Distributions
Net Investment Income		(0.69	)		(0.53)			(0.58	)		(0.43	)		(0.33	)		(0.12	)
Net Realized Gains		(1.34	)		(0.16)			—			—			—			—
Total Distributions		(2.03	)		(0.69)			(0.58	)		(0.43	)		(0.33	)		(0.12	)
Net Asset Value, End of Period	$	17.05		$	35.23		$	25.40		$	19.89		$	15.61		$	11.87
Total Return		(48.37	)%(C)		42.08	%		31.31	%		30.65	%		34.95	%		39.13	%
Net Assets, End of Period (thousands)	$	1,508,260		$	3,388,442		$	2,344,990		$	1,805,186		$	1,131,778		$	594,076
Ratio of Expenses to Average Net Assets		0.60	%(B)(D)		0.60	%(D)		0.61	%(D)		0.69	%(D)		0.74	%(D)		0.78	%(D)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.60	%(B)(D)		0.60	%(D)		0.61	%(D)		0.69	%(D)		0.74	%(D)		0.78	%(D)
Ratio of Net Investment Income to Average Net Assets		2.59	%(B)		2.12	%		2.13	%		3.28	%		2.20	%		1.79	%
Portfolio Turnover Rate		N/A			N/A			N/A			N/A			N/A			N/A

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
152

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Emerging Markets Small Cap Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	23.74		$	17.96		$	13.37		$	11.44		$	8.74		$	5.89
Income From Investment Operations
Net Investment Income (Loss)		0.44	(A)		0.31	(A)		0.30	(A)		0.27	(A)		0.11			0.10
Net Gains (Losses) on Securities (Realized and Unrealized)		(12.95	)		6.86			4.86			2.37			2.85			2.88
Total From Investment Operations		(12.51	)		7.17			5.16			2.64			2.96			2.98
Less Distributions
Net Investment Income		(0.41	)		(0.26	)		(0.26	)		(0.22	)		(0.19	)		(0.07	)
Net Realized Gains		(1.49	)		(1.13	)		(0.31	)		(0.49	)		(0.07	)		(0.06	)
Total Distributions		(1.90	)		(1.39)			(0.57	)		(0.71	)		(0.26	)		(0.13	)
Net Asset Value, End of Period	$	9.33		$	23.74		$	17.96		$	13.37		$	11.44		$	8.74
Total Return		(57.00	)%(C)		42.58	%		39.95	%		24.27	%		34.55	%		51.84	%
Net Assets, End of Period (thousands)	$	547,329		$	1,458,152		$	838,948		$	482,378		$	190,028		$	84,353
Ratio of Expenses to Average Net Assets		0.77	%(B)(D)		0.78	%(D)		0.81	%(D)		0.97	%(D)		1.04	%(D)		1.12	%(D)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.77	%(B)(D)		0.78	%(D)		0.81	%(D)		0.97	%(D)		1.04	%(D)		1.12	%(D)
Ratio of Net Investment Income to Average Net Assets		2.61	%(B)		1.48	%		1.92	%		2.21	%		1.41	%		1.81	%
Portfolio Turnover Rate		N/A			N/A			N/A			N/A			N/A			N/A

	Emerging Markets Core Equity Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period April 5, 2005(a) to Nov. 30, 2005
Net Asset Value, Beginning of Period	$	21.20		$	15.13		$	11.54		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.43	(A)		0.35	(A)		0.27	(A)		0.10
Net Gains (Losses) on Securities (Realized and Unrealized)		(11.27	)		6.10			3.54			1.51
Total From Investment Operations		(10.84	)		6.45			3.81			1.61
Less Distributions
Net Investment Income		(0.40	)		(0.32)			(0.22	)		(0.07	)
Net Realized Gains		(0.08	)		(0.06)			—			—
Total Distributions		(0.48	)		(0.38)			(0.22	)		(0.07	)
Net Asset Value, End of Period	$	9.88		$	21.20		$	15.13		$	11.54
Total Return		(51.93	)%(C)		43.20	%		33.39	%		16.12	%(C)
Net Assets, End of Period (thousands)	$	1,155,526		$	1,829,466		$	822,136		$	218,563
Ratio of Expenses to Average Net Assets		0.65	%(B)		0.65	%		0.74	%		1.00	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.65	%(B)		0.65	%		0.72	%		1.09	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		2.62	%(B)		1.87	%		2.02	%		1.79	%(B)(E)
Portfolio Turnover Rate		3	%(C)		2	%		6	%		2	%(C)

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
153

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	DFA One-Year Fixed Income Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	10.21		$	10.20		$	10.14		$	10.20		$	10.30		$	10.39
Income From Investment
Operations
Net Investment Income (Loss)		0.31	(A)		0.51	(A)		0.40	(A)		0.28			0.25			0.16
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.04	)		0.01			0.06			(0.05	)		(0.10	)		0.03
Total From Investment Operations		0.27			0.52			0.46			0.23			0.15			0.19
Less Distributions
Net Investment Income		(0.31	)		(0.51	)		(0.40	)		(0.29	)		(0.25	)		(0.16	)
Net Realized Gains		—			—			—			—			—			(0.12	)
Total Distributions		(0.31	)		(0.51)			(0.40	)		(0.29	)		(0.25	)		(0.28	)
Net Asset Value, End of Period	$	10.17		$	10.21		$	10.20		$	10.14		$	10.20		$	10.30
Total Return		2.68	%(C)		5.20	%		4.58	%		2.24	%		1.08	%		1.85	%
Net Assets, End of Period (thousands)	$	3,194,420		$	3,229,577		$	2,418,551		$	1,953,884		$	1,738,574		$	1,454,736
Ratio of Expenses to Average Net Assets (D)		0.18	%(B)		0.18	%		0.18	%		0.19	%		0.20	%		0.20	%
Ratio of Net Investment Income to Average Net Assets		3.30	%(B)		4.96	%		3.89	%		2.78	%		1.40	%		1.45	%

	DFA Two-Year Global Fixed Income Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	10.39		$	10.17		$	9.88		$	9.92		$	10.08		$	10.19
Income From Investment
Operations
Net Investment Income (Loss)		0.39	(A)		0.27	(A)		0.07	(A)		0.31			0.25			0.22
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.09	)		0.24			0.36			(0.14	)		(0.14	)		0.01
Total From Investment Operations		0.30			0.51			0.43			0.17			0.11			0.23
Less Distributions
Net Investment Income		(0.33	)		(0.29)			(0.14	)		(0.21	)		(0.27	)		(0.34	)
Net Realized Gains		—			—			—			—			—			—
Total Distributions		(0.33	)		(0.29)			(0.14	)		(0.21	)		(0.27	)		(0.34	)
Net Asset Value, End of Period	$	10.36		$	10.39		$	10.17		$	9.88		$	9.92		$	10.08
Total Return		2.93	%(C)		5.06	%		4.41	%		1.77	%		1.08	%		2.26	%
Net Assets, End of Period (thousands)	$	3,124,985		$	3,097,898		$	2,423,622		$	1,992,869		$	1,674,972		$	1,195,072
Ratio of Expenses to Average Net Assets (D)		0.18	%(B)		0.18	%		0.19	%		0.21	%		0.23	%		0.25	%
Ratio of Net Investment Income to Average Net Assets		4.12	%(B)		2.59	%		0.72	%		3.25	%		1.35	%		1.68	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
154

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	DFA Selectively Hedged Global Fixed Income Portfolio
	Period Jan. 9, 2008(a) to Oct. 31, 2008
Net Asset Value, Beginning of Period	$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.33	(A)
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.39	)
Total From Investment Operations		(1.06	)
Less Distributions
Net Investment Income		—
Net Realized Gains		—
Return of Capital		(0.03	)
Total Distributions		(0.03	)
Net Asset Value, End of Period	$	8.91
Total Return		(10.67	)%(C)
Net Assets, End of Period (thousands)	$	198,165
Ratio of Expenses to Average Net Assets		0.24	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		4.32	%(B)(E)
Portfolio Turnover Rate		21	%(C)

	DFA Five-Year Government Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	10.44		$	10.43		$	10.41		$	10.64		$	11.11		$	11.05
Income From Investment Operations
Net Investment Income (Loss)		0.26	(A)		0.50	(A)		0.46	(A)		0.35			0.33			0.34
Net Gains (Losses) on Securities (Realized and Unrealized)		0.07			0.01			(0.02	)		(0.24	)		(0.01	)		0.10
Total From Investment Operations		0.33			0.51			0.44			0.11			0.32			0.44
Less Distributions
Net Investment Income		(0.33	)		(0.50	)		(0.42	)		(0.34	)		(0.41	)		(0.38	)
Net Realized Gains		—			—			—			—			(0.38	)		—
Return of Capital		—			—			—			—			—			—
Total Distributions		(0.33	)		(0.50	)		(0.42	)		(0.34	)		(0.79	)		(0.38	)
Net Asset Value, End of Period	$	10.44		$	10.44		$	10.43		$	10.41		$	10.64		$	11.11
Total Return		3.25	%(C)		4.98	%		4.36	%		1.02	%		3.02	%		4.02	%
Net Assets, End of Period (thousands)	$	1,115,037		$	1,216,609		$	932,121		$	748,847		$	542,634		$	402,992
Ratio of Expenses to Average Net Assets		0.23	%(B)		0.23	%		0.23	%		0.25	%		0.27	%		0.27	%
Ratio of Net Investment Income to Average Net Assets		2.77	%(B)		4.81	%		4.45	%		3.47	%		3.21	%		3.20	%
Portfolio Turnover Rate		79	%(C)		0	%		86	%		36	%		45	%		149	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
155

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	DFA Five-Year Global Fixed Income Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	10.84		$	10.53		$	10.48		$	10.50		$	10.92		$	10.93
Income From Investment Operations
Net Investment Income (Loss)		0.25	(A)		0.32	(A)		0.28	(A)		0.34	(A)		0.26			0.33
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.10	)		0.20			0.12			(0.11	)		0.06			0.15
Total From Investment Operations		0.15			0.52			0.40			0.23			0.32			0.48
Less Distributions
Net Investment Income		(0.30	)		(0.21	)		(0.33	)		(0.25	)		(0.32	)		(0.39	)
Net Realized Gains		—			—			—			—			(0.42	)		(0.10	)
Return of Capital		(0.01	)		—			(0.02	)		—			—			—
Total Distributions		(0.31	)		(0.21)			(0.35	)		(0.25	)		(0.74	)		(0.49	)
Net Asset Value, End of Period	$	10.68		$	10.84		$	10.53		$	10.48		$	10.50		$	10.92
Total Return		1.40	%(C)		5.00	%		3.89	%		2.15	%		3.04	%		4.45	%
Net Assets, End of Period (thousands)	$	3,319,257		$	3,484,919		$	2,387,784		$	1,699,793		$	1,205,578		$	969,439
Ratio of Expenses to Average Net Assets		0.28	%(B)		0.28	%		0.29	%		0.33	%		0.34	%		0.34	%
Ratio of Net Investment Income to Average Net Assets		2.53	%(B)		3.01	%		2.72	%		3.22	%		3.12	%		3.23	%
Portfolio Turnover Rate		55	%(C)		108	%		92	%		69	%		90	%		103	%

	DFA Intermediate Government Fixed Income Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	11.86		$	11.48		$	11.45		$	11.79		$	12.14		$	12.39
Income From Investment Operations
Net Investment Income (Loss)		0.49	(A)		0.54	(A)		0.53	(A)		0.52			0.55			0.62
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.17	)		0.35			0.05			(0.29	)		(0.05	)		(0.02	)
Total From Investment Operations		0.32			0.89			0.58			0.23			0.50			0.60
Less Distributions
Net Investment Income		(0.52	)		(0.51	)		(0.49	)		(0.53	)		(0.56	)		(0.65	)
Net Realized Gains		—			—			(0.06	)		(0.04	)		(0.29	)		(0.20	)
Return of Capital		—			—			—			—			—			—
Total Distributions		(0.52	)		(0.51	)		(0.55	)		(0.57	)		(0.85	)		(0.85	)
Net Asset Value, End of Period	$	11.66		$	11.86		$	11.48		$	11.45		$	11.79		$	12.14
Total Return		2.73	%(C)		8.06	%		5.31	%		1.87	%		4.21	%		4.86	%
Net Assets, End of Period (thousands)	$	1,248,514		$	1,314,853		$	871,392		$	463,538		$	373,108		$	316,234
Ratio of Expenses to Average Net Assets		0.13	%(B)		0.13	%		0.14	%		0.15	%		0.17	%		0.17	%
Ratio of Net Investment Income to Average Net Assets		4.44	%(B)		4.72	%		4.72	%		4.61	%		4.72	%		4.91	%
Portfolio Turnover Rate		14	%(C)		0	%		3	%		16	%		6	%		23	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
156

DFA INVESTMENT DIMENSIONS GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	DFA Inflation-Protected Securities Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Sept. 18, 2006(a) to Nov. 30, 2006
Net Asset Value, Beginning of Period	$	10.80		$	10.19		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.70	(A)		0.45	(A)		0.02	(A)
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.48	)		0.50			0.17
Total From Investment Operations		(0.78	)		0.95			0.19
Less Distributions
Net Investment Income		(0.61	)		(0.34)			—
Total Distributions		(0.61	)		(0.34)			—
Net Asset Value, End of Period	$	9.41		$	10.80		$	10.19
Total Return		(7.90	)%(C)		9.59	%		1.90	%(C)
Net Assets, End of Period (thousands)	$	371,747		$	240,403		$	34,299
Ratio of Expenses to Average Net Assets		0.15	%(B)		0.20	%		0.20	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.14	%(B)		0.21	%		0.60	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		7.01	%(B)		4.58	%		0.94	%(B)(E)
Portfolio Turnover Rate		3	%(C)		0	%		0	%(C)

	DFA Short-Term Municipal Bond Portfolio																		DFA California Short-Term Municipal Bond Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003			Period Dec. 1, 2007 to Oct. 31, 2008			Period April 2, 2007(a) to Nov. 30, 2007
Net Asset Value, Beginning of Period	$	10.05		$	10.02		$	9.99		$	10.09		$	10.13		$	9.97		$	10.07		$	10.00
Income From Investment Operations
Net Investment Income (Loss)		0.19	(A)		0.31	(A)		0.28	(A)		0.22			0.17			0.16			0.21	(A)		0.20	(A)
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.03	)		0.02			0.02			(0.11	)		(0.04	)		0.15			(0.06	)		0.02
Total From Investment Operations		0.16			0.33			0.30			0.11			0.13			0.31			0.15			0.22
Less Distributions
Net Investment Income		(0.19	)		(0.30	)		(0.27	)		(0.21	)		(0.17	)		(0.15	)		(0.22	)		(0.15	)
Total Distributions		(0.19	)		(0.30	)		(0.27	)		(0.21	)		(0.17	)		(0.15	)		(0.22	)		(0.15	)
Net Asset Value, End of Period	$	10.02		$	10.05		$	10.02		$	9.99		$	10.09		$	10.13		$	10.00		$	10.07
Total Return		1.63	%(C)		3.38	%		3.01	%		1.11	%		1.27	%		3.17	%		1.45	%(C)		2.23	%(C)
Net Assets, End of Period (thousands)	$	991,918		$	948,426		$	697,942		$	511,543		$	381,709		$	213,389		$	180,915		$	128,983
Ratio of Expenses to Average Net Assets		0.23	%(B)		0.23	%		0.26	%		0.30	%		0.30	%		0.30	%		0.27	%(B)		0.30	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees)		0.23	%(B)		0.23	%		0.24	%		0.29	%		0.33	%		0.34	%		0.26	%(B)		0.33	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		2.04	%(B)		3.07	%		2.77	%		2.22	%		1.73	%		1.60	%		2.27	%(B)		3.22	%(B)(E)
Portfolio Turnover Rate		1	%(C)		0	%		0	%		2	%		6	%		0	%		17	%(C)		7	%(C)

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
157

DFA INVESTMENT DIMENSIONS GROUP INC.
NOTES TO FINANCIAL STATEMENTS

A. Organization:

DFA Investment Dimensions Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of fifty-six operational portfolios, of which thirty-six (the "Portfolios") are included in this report and the remaining twenty are presented in separate reports.

Of the Portfolios, sixteen (the "Feeder Funds") invest in a series of The DFA Investment Trust Company, with the exception of the DFA Global Real Estate Securities Portfolio which invests in portfolios of the DFA Investment Dimensions Group Inc., (the "Master Funds"):

Feeder Funds	Master Funds	Percentage Ownership at 10/31/08
U.S. Large Company Portfolio	The U.S. Large Company Series		78	%

Enhanced U.S. Large Company Portfolio	The Enhanced U.S. Large Company Series		100	%

U.S. Large Cap Value Portfolio	The U.S. Large Cap Value Series		79	%

U.S. Small Cap Value Portfolio	The U.S. Small Cap Value Series		100	%

U.S. Small Cap Portfolio	The U.S. Small Cap Series		100	%

U.S. Micro Cap Portfolio	The U.S. Micro Cap Series		100	%

International Small Company Portfolio	The Japanese Small Company Series		87	%

	The Asia Pacific Small Company Series		85	%

	The United Kingdom Small Company Series		95	%

	The Continental Small Company Series		91	%

	The Canadian Small Company Series		100	%

Japanese Small Company Portfolio	The Japanese Small Company Series		13	%

Asia Pacific Small Company Portfolio	The Asia Pacific Small Company Series		15	%

United Kingdom Small Company Portfolio	The United Kingdom Small Company Series		5	%

Continental Small Company Portfolio	The Continental Small Company Series		8	%

DFA Global Real Estate Securities Portfolio	DFA Real Estate Securities Portfolio		3	%

	DFA International Real Estate Securities Portfolio		9	%

Emerging Markets Portfolio	The Emerging Markets Series		93	%

Emerging Markets Small Cap Portfolio	The Emerging Markets Small Cap Series		97	%

DFA One-Year Fixed Income Portfolio	The DFA One-Year Fixed Income Series		99	%

DFA Two-Year Global Fixed Income Portfolio	The DFA Two-Year Global Fixed Income Series.		96	%

Each Feeder Fund invests primarily in a corresponding Master Fund, with the exception of the International Small Company Portfolio and the DFA Global Real Estate Securities Portfolio, which invest in the Master Funds indicated. The International Small Company Portfolio and the DFA Global Real Estate Securities Portfolio also invest in short-term temporary cash investments.

The financial statements of the Master Funds are included elsewhere in this report and should be read in conjunction with the financial statements of the Feeder Funds.

Prior to March 30, 2007, the U.S. Targeted Value Portfolio invested substantially all of its assets in shares of The U.S. Targeted Value Series. At the close of business on March 29, 2007, the U.S. Targeted Value Portfolio received its prorata share of cash and securities from The U.S. Targeted Value Series in a complete liquidation of its interest in the Series. Effective March 30, 2007, the U.S. Targeted Value Portfolio invests directly in securities rather than through the Series and maintains the same investment objective.

On January 31, 2008, Class R1 Shares and on June 30, 2008, Class R2 Shares of U.S. Targeted Value Portfolio commenced operations. The Class R1 Shares and Class R2 Shares of each Portfolio of the Fund (except the U.S. Small Cap Value Portfolio, T.A. U.S. Core Equity 2 Portfolio, U.S. Micro Cap Portfolio, T.A. World ex U.S. Core Equity

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Portfolio, Japanese Small Company Portfolio, Asia Pacific Small Company Portfolio, United Kingdom Small Company Portfolio, Continental Small Company Portfolio, DFA Global Real Estate Securities Portfolio, DFA International Small Cap Value Portfolio, International Vector Equity Portfolio, Emerging Markets Small Cap Portfolio, DFA Selectively Hedged Global Fixed Income Portfolio, DFA Short-Term Municipal Bond Portfolio and DFA California Short-Term Municipal Bond Portfolio) contained in this report, had not commenced operations as of October 31, 2008. Class R1 and Class R2 Shares of each Portfolio have 25,000,000 authorized shares.

At a regular meeting of the Board of Directors/Trustees (the "Board") on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Portfolios from November 30 to October 31.

B. Significant Accounting Policies:

1. Security Valuation: Securities held by U.S. Targeted Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Core Equity 2 Portfolio, U.S. Vector Equity Portfolio, T.A. U.S. Core Equity 2 Portfolio and DFA Real Estate Securities Portfolio (the "Domestic Equity Portfolios") and Large Cap International Portfolio, International Core Equity Portfolio, T.A. World ex U.S. Core Equity Portfolio, DFA International Real Estate Securities Portfolio, DFA International Small Cap Value Portfolio, International Vector Equity Portfolio, and Emerging Markets Core Equity Portfolio (the "International Equity Portfolios"), including over-the-counter securities, are valued at the last quoted sale price of the day. Securities held by the Domestic Equity Portfolios and the International Equity Portfolios that are listed on Nasdaq are valued at the Nasdaq Official Closing Price ("NOCP"). If there is no last reported sale price or NOCP for the day , the Domestic Equity Portfolios and International Equity Portfolios value the securities at the mean of the most recent quoted bid and asked prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end investment companies are valued using their respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the New York Stock Exchange (NYSE).

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with procedures adopted by the Board of Directors/Trustees. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of the Investment Committee of the Advisor) occur before the net asset value is calculated. When fair value pricing is used, the prices of securities used by the Domestic Equity Portfolios and International Equity Portfolios may differ from the quoted or published prices for the same securities on their primary markets or exchanges.

The International Equity Portfolios will also apply a fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the NYSE. For example, trading in the Japanese securities markets is completed each day at the close of the Tokyo Stock Exchange (normally, 11:00 p.m. PT), which is fourteen hours prior to the close of the NYSE (normally, 1:00 p.m. PT) and the time that the net asset values of the International Equity Portfolios are computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the time the International Equity Portfolios price their shares at the close of the NYSE, the International Equity Portfolios will fair value their foreign investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair value pr ices will attempt to reflect the impact of the U.S. financial markets' perceptions and trading activities on the International Equity Portfolios' foreign investments since the last closing prices of the foreign investments were calculated on their primary foreign securities markets or exchanges. For these purposes, the Board of Directors/Trustees of the Fund have determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable. Fair valuation

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of portfolio securities may occur on a daily basis. The fair value pricing by the International Equity Portfolios utilizes data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). The fair value prices of portfolio securities generally will be used when it is determined that the use of such prices will have a material impact on the net asset value of an International Equity Portfolio. When an International Equity Portfolio uses fair value pricing, the values assigned to the International Equity Portfolio's foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges.

Securities held by DFA Selectively Hedged Global Fixed Income Portfolio, DFA Five-Year Government Portfolio, DFA Five-Year Global Fixed Income Portfolio, DFA Intermediate Government Fixed Income Portfolio, DFA Inflation-Protected Securities Portfolio, DFA Short-Term Municipal Bond Portfolio and DFA California Short-Term Municipal Bond Portfolio (the "Fixed Income Portfolios"), are valued on the basis of prices provided by one or more pricing services or other reasonably reliable sources including broker/dealers that typically handle the purchase and sale of such securities. Securities which are traded over-the-counter and on a stock exchange generally will be valued according to the broadest and most representative market, and it is expected that for bonds and other fixed income securities, this ordinarily will be the over-the-counter market. Securities for which quotations are not readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with procedures adopted by the Board of Directors/Trustees.

Master Fund shares held by the Feeder Funds are valued at their respective daily net asset values, or for U.S. Large Company Portfolio, International Small Company Portfolio, Japanese Small Company Portfolio, Asia Pacific Small Company Portfolio, United Kingdom Small Company Portfolio, Continental Small Company Portfolio, DFA Global Real Estate Securities Portfolio, Emerging Markets Portfolio, and Emerging Markets Small Cap Portfolio, their investments reflect each of their proportionate interest in the net assets of their corresponding Master Funds.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

In September 2006, the Financial Accounting Standards Board issued FAS 157 effective for fiscal years beginning after November 15, 2007. This standard clarifies the definition of fair value for financial reporting, establishes a framework for measuring fair value and requires additional disclosures about the use of fair value measurements. The Funds have adopted FAS 157 as of December 1, 2007 and/or inception date if funds commenced operations prior to adoption date. The three levels of the fair value hierarchy under FAS 157 are described below:

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Portfolios' own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Portfolios' net assets as of October 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)								Other Financial Instruments (Unrealized Appreciation/ Depreciation)*
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
U.S. Large Company Portfolio	$	2,544,364		—		—	$	2,544,364		—		—		—		—
Enhanced U.S. Large Company Portfolio		200,349		—		—		200,349		—		—		—		—
U.S. Large Cap Value Portfolio		5,331,340		—		—		5,331,340		—		—		—		—
U.S. Targeted Value Portfolio		866,568	$	212,933		—		1,079,501	$	3		—		—	$	3
U.S. Small Cap Value Portfolio		5,505,604		—		—		5,505,604		—		—		—		—
U.S. Core Equity 1 Portfolio		1,332,827		253,794		—		1,586,621		2		—		—		2
U.S. Core Equity 2 Portfolio		2,503,023		475,126		—		2,978,149		1		—		—		1
U.S. Vector Equity Portfolio		847,039		187,104		—		1,034,143		—		—		—		—

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	Valuation Inputs
	Investments in Securities (Market Value)								Other Financial Instruments (Unrealized Appreciation/ Depreciation)*
	Level 1		Level 2		Level 3		Total		Level 1		Level 2			Level 3		Total
T.A. U.S. Core Equity 2 Portfolio	$	592,765	$	56,691		—	$	649,456	$	1		—			—	$	1
U.S. Small Cap Portfolio		2,067,436		—		—		2,067,436		—		—			—		—
U.S. Micro Cap Portfolio		2,925,347		—		—		2,925,347		—		—			—		—
DFA Real Estate Securities Portfolio		1,704,710		504,430		—		2,209,140		10		—			—		10
Large Cap International Portfolio		222,000		1,125,948		—		1,347,948		—		—			—		—
International Core Equity Portfolio		525,783		1,796,102		—		2,321,885		15		—			—		15
T.A. World ex U.S. Core Equity Portfolio		63,189		194,464		—		257,653		1		—			—		1
International Small Company Portfolio		3,076,553		10,033		—		3,086,586		—		—			—		—
Japanese Small Company Portfolio		133,439		—		—		133,439		—		—			—		—
Asia Pacific Small Company Portfolio		64,067		—		—		64,067		—		—			—		—
United Kingdom Small Company Portfolio		25,891		—		—		25,891		—		—			—		—
Continental Small Company Portfolio		94,027		—		—		94,027		—		—			—		—
DFA International Real Estate Securities Portfolio		22,709		483,261		—		505,970		—		—			—		—
DFA Global Real Estate Securities Portfolio		90,447		416		—		90,863		—		—			—		—
DFA International Small Cap Value Portfolio		377,307		5,172,383		—		5,549,690		28		—			—		28
International Vector Equity Portfolio		12,665		59,771		—		72,436		1		—			—		1
Emerging Markets Portfolio		1,508,866		—		—		1,508,866		—		—			—		—
Emerging Markets Small Cap Portfolio		547,574		—		—		547,574		—		—			—		—
Emerging Markets Core Equity Portfolio		432,520		938,914		—		1,371,434		4		—			—		4
DFA One-Year Fixed Income Portfolio		3,194,750		—		—		3,194,750		—		—			—		—
DFA Two-Year Global Fixed Income Portfolio		3,125,328		—		—		3,125,328		—		—			—		—
DFA Selectively Hedged Global Fixed Income Portfolio		—		202,939		—		202,939		—	$	(6	)		—		(6	)
DFA Five-Year Government Portfolio		—		1,104,523		—		1,104,523		—		—			—		—
DFA Five-Year Global Fixed Income Portfolio		—		3,282,240		—		3,282,240		—		(1,429	)		—		(1,429	)
DFA Intermediate Government Fixed Income Portfolio		—		1,230,031		—		1,230,031		—		—			—		—
DFA Inflation-Protected Securities Portfolio		—		369,320		—		369,320		—		—			—		—
DFA Short-Term Municipal Bond Portfolio		11,540		972,496		—		984,036		—		—			—		—
DFA California Short-Term Municipal Bond Portfolio		—		178,384		—		178,384		—		—			—		—

* Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures, and forwards which are valued at the unrealized appreciation/depreciation on the investment.

2. Foreign Currency Translation: Securities and other assets and liabilities of the International Equity Portfolios, the DFA Selectively Hedged Global Fixed Income Portfolio, and the DFA Five-Year Global Fixed Income Portfolio whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recently quoted bid and asked prices for the U.S. dollar as quoted by generally recognized reliable sources. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked to market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement. DFA Selectively Hedged Global Fixed Income Portfolio and DFA Five-Year Global Fixed Income Portfolio also enter into forward foreign currency contracts solely for the purpose of hedging against fluctuations in currency exchange rates. These contracts are marked to market daily based on daily forward exchange rates. The DFA Selectively Hedged Global Fixed Income Portfolio may hedge the currency exposure of its foreign securities or leave some or all of the currency exposure unhedged.

The International Equity Portfolios do not isolate the effect of fluctuation in foreign exchange rates from the effect of fluctuations in the market prices of securities whether realized or unrealized. However, the DFA Selectively

161

Hedged Global Fixed Income Portfolio, and the DFA Five-Year Global Fixed Income Portfolio do isolate the effect of fluctuations in foreign currency rates when determining the realized gain or loss upon the sale or maturity of foreign currency denominated debt obligations pursuant to U.S. Federal income tax regulations; such amounts are categorized as foreign exchange gain or loss for both financial reporting and income tax reporting purposes.

Realized gains or losses on foreign currency transactions represent net foreign exchange gains or losses from the disposition of foreign currencies, currency gains or losses realized between the trade and settlement dates on securities transactions, and the difference between amounts of interest, dividends and foreign withholding taxes recorded on the books of the International Equity Portfolios, the DFA Selectively Hedged Global Fixed Income Portfolio, and the DFA Five-Year Global Fixed Income Portfolio and the U.S. dollar equivalent amounts actually received or paid.

3. Deferred Compensation Plan: Each eligible Director of the Fund may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income, are included in Other Expenses for the period ended October 31, 2008 and are included in Directors'/Trust ees' Fees & Expenses for the year ended November 30, 2007.

4. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities/affiliated investment companies are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities and from investment in affiliated investment companies that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. The Portfolios estimate the character of distributions received that may be considered return of capital distributions. Interest income is recorded on an accrual basis. Discount and premium on debt securities purchased are amortized over the lives of the respective securities utilizing the effective interest method. Expenses directly attributable to a Portfolio are directly charged. C ommon expenses of the Fund or Portfolios are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

Class R1 Shares, Class R2 Shares and Institutional Class Shares have equal rights to assets and earnings of the Portfolio. Income, gains and losses, and common expenses of the Portfolio are allocated to each class of shares based on its relative net assets. Each class will bear its own class-specific expenses, if any.

The U.S. Large Company Portfolio, International Small Company Portfolio, Japanese Small Company Portfolio, Asia Pacific Small Company Portfolio, United Kingdom Small Company Portfolio, Continental Small Company Portfolio, Emerging Markets Portfolio, and Emerging Markets Small Cap Portfolio each recognize their pro-rata share of net investment income and realized and unrealized gains/losses on a daily basis, from their respective Master Funds, which are treated as partnerships for federal income tax purposes.

The Portfolios may be subject to taxes imposed by countries in which they invest, with respect to their investments in issuers existing or operating in such countries. Such taxes are generally based on income earned or repatriated and capital gains realized on the sale of such investments. The Portfolios accrue such taxes when the related income or capital gains are earned or throughout the holding period. Some countries require governmental approval for the repatriation of investment income, capital or the proceeds of sales earned by foreign investors. In addition, if there is a deterioration in a country's balance of payments or for other reasons, a country may impose temporary restrictions on foreign capital remittances abroad.

162

The Emerging Markets Core Equity Portfolio's investments in Thailand and the investments in Thailand held by the Master Funds of Emerging Markets Portfolio and Emerging Markets Small Cap Portfolio are subject to a 15% governmental capital gains tax. Such taxes are due upon sale of individual securities. The Emerging Markets Core Equity Portfolio and the Master Funds of Emerging Markets Portfolio and Emerging Markets Small Cap Portfolio accrues for taxes on the capital gains throughout the holding period based on the unrealized gain of the underlying securities. These funds are also subject to a 10% governmental capital gains tax on short-term capital gains for investments in India. Such taxes are due upon sale of individual securities. The taxes for the capital gains are accrued when the capital gains are earned.

C. Investment Advisor and Administrator:

Dimensional Fund Advisors LP ("Dimensional" or the "Advisor") provides investment advisory services to all Portfolios except the Feeder Funds. The Advisor provides administrative services to the Feeder Funds, including supervision of services provided by others, providing information to shareholders and the Board of Directors/Trustees, and other administrative services.

For the period December 1, 2007 to October 31, 2008, the Portfolios' investment advisory services fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:

U.S. Targeted Value Portfolio	0.10	%

U.S. Core Equity 1 Portfolio	0.17	%

U.S. Core Equity 2 Portfolio	0.20	%

U.S. Vector Equity Portfolio	0.30	%

T.A. U.S. Core Equity 2 Portfolio	0.22	%

DFA Real Estate Securities Portfolio	0.30	%

Large Cap International Portfolio	0.25	%

International Core Equity Portfolio	0.35	%

T.A. World ex U.S. Core Equity Portfolio	0.40	%

DFA International Real Estate Securities Portfolio	0.35	%

DFA International Small Cap Value Portfolio	0.65	%

International Vector Equity Portfolio	0.45	%

Emerging Markets Core Equity Portfolio	0.55	%

DFA Selectively Hedged Global Fixed Income Portfolio	0.15	%

DFA Five-Year Government Portfolio	0.20	%

DFA Five-Year Global Fixed Income Portfolio	0.25	%

DFA Intermediate Government Fixed Income Portfolio	0.10	%

DFA Inflation-Protected Securities Portfolio	0.10	%

DFA Short-Term Municipal Bond Portfolio	0.20	%

DFA California Short-Term Municipal Bond Portfolio	0.20	%

For the period December 1, 2007 to October 31, 2008, the Feeder Funds' and the U.S. Targeted Value Portfolio administrative services fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:

U.S. Large Company Portfolio	0.095	%

Enhanced U.S. Large Company Portfolio	0.15	%

U.S. Large Cap Value Portfolio	0.15	%

U.S. Targeted Value Portfolio	0.25	%

U.S. Small Cap Value Portfolio	0.30	%

U.S. Small Cap Portfolio	0.32	%

U.S. Micro Cap Portfolio	0.40	%

International Small Company Portfolio	0.40	%

Japanese Small Company Portfolio	0.40	%

Asia Pacific Small Company Portfolio	0.40	%

United Kingdom Small Company Portfolio	0.40	%

163

Continental Small Company Portfolio	0.40	%

DFA Global Real Estate Securities Portfolio	0.35	%

Emerging Markets Portfolio	0.40	%

Emerging Markets Small Cap Portfolio	0.45	%

DFA One-Year Fixed Income Portfolio	0.10	%

DFA Two-Year Global Fixed Income Portfolio	0.10	%

Pursuant to a Fee Waiver and Expense Assumption Agreement, the Advisor has contractually agreed to waive certain fees, including administration/advisory fees, and in certain instances, assume certain expenses of the Portfolios, as described in the notes below. The Fee Waiver and Expense Assumption Agreement for the Portfolios below will remain in effect through April 1, 2009, and shall continue in effect from year to year thereafter unless terminated by the Fund or the Advisor. For the period December 1, 2007 to October 31, 2008, the Portfolios had expense limits based on a percentage of average net assets on an annualized basis, and the Advisor recovered previously waived fees and/or expenses assumed as listed below (amounts in thousands). Previously waived fees subject to future recovery by the Advisor are also reflected below (amounts in thousands). The Portfolios are not obligated to reimburse the Advisor for fees previously waived or ex penses previously assumed by the Advisor more than thirty-six months before the date of recovery.

Institutional Class Shares	Expense Limits			Recovery of Previously Waived Fees/ Expenses Assumed		Previously Waived Fees/ Expenses Assumed Subject to Future Recovery
U.S. Large Company Portfolio (1)		0.15	%	$	31	$	1,308
U.S. Targeted Value Portfolio (1)		0.50	%		—		—
U.S. Core Equity 1 Portfolio (2)		0.23	%		—		—
U.S. Core Equity 2 Portfolio (2)		0.26	%		—		—
U.S. Vector Equity Portfolio (2)		0.36	%		—		—
T.A. U.S. Core Equity 2 Portfolio (2)		0.30	%		24		—
International Core Equity Portfolio (2)		0.49	%		—		—
T.A. World ex U.S. Core Equity Portfolio (3)		0.60	%		—		167
International Small Company Portfolio (4)		0.45	%		—		—
Japanese Small Company Portfolio (4)		0.47	%		—		—
Asia Pacific Small Company Portfolio (4)		0.47	%		4		46
United Kingdom Small Company Portfolio (4)		0.47	%		—		49
Continental Small Company Portfolio (4)		0.47	%		—		11
DFA International Real Estate Securities Portfolio (5)		0.65	%		—		—
DFA Global Real Estate Securities Portfolio (6)		0.55	%		—		89
International Vector Equity Portfolio (5)		0.60	%		—		45
Emerging Markets Core Equity Portfolio (5)		0.85	%		—		—
DFA Selectively Hedged Global Fixed Income Portfolio (5)		0.25	%		—		—
DFA Inflation-Protected Securities Portfolio (5)		0.20	%		31		—
DFA Short-Term Municipal Bond Portfolio (7)		0.30	%		—		—
DFA California Short-Term Municipal Bond Portfolio (5)		0.30	%		16		—
Class R1 Shares
U.S. Targeted Value Portfolio (8)		0.62	%		—		—
Class R2 Shares
U.S. Targeted Value Portfolio (9)		0.77	%		—		—

(1) The Advisor has contractually agreed to waive its administration fee and to assume each Portfolio's direct and indirect expenses (including, for U.S. Large Company Portfolio, the expenses the Portfolio bears as a shareholder of its Master Fund) to the extent necessary to limit the expenses of each Portfolio to the rates listed above as a percentage of average net assets on an annualized basis. At any time that the annualized expenses of a Portfolio are less than the rate listed above for such Portfolio, the Advisor retains the right to recover any fees previously waived and/or expenses previously assumed to the extent that such recovery will not cause the Portfolio's annualized expenses to exceed the applicable percentage of average net assets on an annualized basis, as listed above.

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(2) The Advisor has contractually agreed to waive all or a portion of its advisory fee and assume the Portfolio's expenses (excluding the expenses the Portfolio incurs indirectly through investment in other investment companies) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of each Portfolio to the rates listed above as a percentage of average net assets on an annualized basis. At any time that the annualized Portfolio Expenses of a Portfolio are less than the rates listed above for such Portfolio, the Advisor retains the right to recover any fees previously waived and/or expenses previously assumed to the extent that such recovery will not cause the Portfolio's annualized Portfolio Expenses to exceed the applicable percentage of average net assets on an annualized basis, as listed above.

(3) The Advisor has contractually agreed to waive all or a portion of the Portfolio's advisory fee to the extent necessary to limit the total advisory fees paid by the Portfolio to the Advisor directly or indirectly (the proportionate share of the advisory fees paid by the Portfolio through its investment in other funds managed by the Advisor) to 0.40% of the Portfolio's average net assets on an annualized basis. The Advisor has also contractually agreed to waive all or a portion of its advisory fee and to assume the expenses of the Portfolio (including the expenses that the Portfolio bears as a shareholder of other funds managed by the Advisor but excluding the expenses that the Portfolio incurs indirectly through its investment in unaffiliated investment companies) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of the Portfolio to the rate listed above as a percentage of average net assets on an annualized b asis. At any time that the annualized expenses of the Portfolio are less than the rate listed above for the Portfolio, the Advisor retains the right to recover any fees previously waived and/or expenses previously assumed to the extent that such recovery will not cause the Portfolio's annualized expenses to exceed the applicable percentage of average net assets on an annualized basis, as listed above.

(4) The Advisor has contractually agreed to waive its administration fee and to assume the Portfolio's other direct expenses (for International Small Company, not including expenses incurred through its investment in other investment companies) to the extent necessary to limit the direct expenses of the Portfolio to the rates listed above as a percentage of average net assets on an annualized basis. The Fee Waiver and Expense Assumption Agreement does not include the indirect expenses each Portfolio bears as a shareholder of its Master Funds. At any time that the direct expenses of the Portfolio are less than the rates listed above as a percentage of average net assets on an annualized basis, the Advisor retains the right to recover any fees previously waived and/or expenses previously assumed to the extent that such recovery will not cause the Portfolio's direct expenses to exceed the applicable percentage of average net assets on an annual ized basis, as listed above.

(5) The Advisor has contractually agreed to waive all or a portion of its advisory fee and to assume the Portfolio's expenses (excluding the expenses the Portfolio incurs indirectly through investment in other investment companies) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of the Portfolio to the rate listed above as a percentage of average net assets on an annualized basis. At any time that the annualized Portfolio Expenses of the Portfolio are less than the rate listed above as a percentage of average net assets on an annualized basis, the Advisor retains the right to recover any fees previously waived and/or expenses previously assumed to the extent that such recovery will not cause the Portfolio's annualized Portfolio Expenses to exceed the applicable percentage of average net assets on an annualized basis, as listed above.

(6) The Advisor has contractually agreed to waive all or a portion of its advisory fee and to assume the expenses of the Portfolio (including the expenses that the Portfolio bears as a shareholder of other investment companies managed by the Advisor but excluding the expenses that the Portfolio incurs indirectly through its investment in unaffiliated investment companies) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of the Portfolio to the rate listed above as a percentage of average net assets on an annualized basis. At any time that the annualized Portfolio Expenses of the Portfolio are less than the rate listed above as a percentage of average net assets on an annualized basis, the Advisor retains the right to recover any fees previously waived and/or expenses previously assumed to the extent that such recovery will not cause the Portfolio's annualized Portfolio Expenses to exceed the applicable percentag e of average net assets on an annualized basis, as listed above.

(7) The Advisor has contractually agreed to waive all or a portion of its advisory fee to the extent necessary to reduce the Portfolio's expenses (not including expenses incurred through its investment in other investment companies) ("Portfolio Expenses") up to the amount of its total advisory fee when its Portfolio Expenses exceed the rate listed above as a percentage of average net assets on an annualized basis. At any time that the annualized Portfolio Expenses of the Portfolio are less than the rate listed above as a percentage of average net assets on an annualized basis, the Advisor retains the right to recover any fees previously waived to the extent that such recovery

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will not cause the Portfolio's annualized Portfolio Expenses to exceed the applicable percentage of average net assets on an annualized basis, as listed above.

(8) The Advisor has contractually agreed to waive its administration fee and to assume the Portfolio's direct and indirect expenses (excluding the expenses the Portfolio incurs indirectly through investment in other investment companies) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of the Class R1 shares to the rate listed above as a percentage of average net assets on an annualized basis. At any time that the Class R1 Shares' annualized expenses are less than the rate listed above as a percentage of average net assets on an annualized basis, the Advisor retains the right to recover any fees previously waived and/or expenses previously assumed to the extent that such recovery will not cause the Portfolio's annualized expenses to exceed the applicable percentage of average net assets on an annualized basis, as listed above.

(9) The Advisor has contractually agreed to waive its administration fee and to assume the Portfolio's direct and indirect expenses (excluding the expenses the Portfolio incurs indirectly through investment in other investment companies) ("Portfolio Expenses") to the extent necessary to limit the Portfolio Expenses of the Class R2 shares to the rate listed above as a percentage of average net assets on an annualized basis. At any time that the Class R2 Shares' annualized expenses are less than the rate listed above as a percentage of average net assets on an annualized basis, the Advisor retains the right to recover any fees previously waived and/or expenses previously assumed to the extent that such recovery will not cause the Portfolio's annualized expenses to exceed the applicable percentage of average net assets on an annualized basis, as listed above.

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Fund; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Fund. For the period December 1, 2007 to October 31, 2008, the total related amounts paid by the Fund to the CCO were $159 (in thousands). The total related amounts paid by each of the Portfolios are included in Other Expenses on the Statement of Operations.

D. Deferred Compensation:

At October 31, 2008, the total liability for deferred compensation to Directors/Trustees is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities as follows (amounts in thousands):

U.S. Large Company Portfolio	$	48

Enhanced U.S. Large Company Portfolio		4

U.S. Large Cap Value Portfolio		102

U.S. Targeted Value Portfolio		12

U.S. Small Cap Value Portfolio		112

U.S. Core Equity 1 Portfolio		20

U.S. Core Equity 2 Portfolio		43

U.S. Vector Equity Portfolio		15

T.A. U.S. Core Equity 2 Portfolio		6

U.S. Small Cap Portfolio		39

U.S. Micro Cap Portfolio		59

DFA Real Estate Securities Portfolio		36

Large Cap International Portfolio		28

International Core Equity Portfolio		36

T.A. World ex U.S. Core Equity Portfolio		1

International Small Company Portfolio		72

Japanese Small Company Portfolio		3

Asia Pacific Small Company Portfolio		2

United Kingdom Small Company Portfolio		1

Continental Small Company Portfolio		2

DFA International Real Estate Securities Portfolio		7

DFA Global Real Estate Securities Portfolio		1

DFA International Small Cap Value Portfolio		110

International Vector Equity Portfolio		1

Emerging Markets Portfolio		40

Emerging Markets Small Cap Portfolio		17

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Emerging Markets Core Equity Portfolio	$	26

DFA One-Year Fixed Income Portfolio		50

DFA Two-Year Global Fixed Income Portfolio		46

DFA Selectively Hedged Global Fixed Income Portfolio		2

DFA Five-Year Government Portfolio		18

DFA Five-Year Global Fixed Income Portfolio		52

DFA Intermediate Government Fixed Income Portfolio		20

DFA Inflation-Protected Securities Portfolio		5

DFA Short-Term Municipal Bond Portfolio		14

DFA California Short-Term Municipal Bond Portfolio		3

E. Purchases and Sales of Securities:

For the period December 1, 2007 to October 31, 2008, the Portfolios made the following purchases and sales of investment securities, other than short-term securities (amounts in thousands):

	U.S. Government Securities				Other Investment Securities
	Purchases		Sales		Purchases		Sales
U.S. Targeted Value Portfolio		—		—	$	784,517	$	158,943
U.S. Core Equity 1 Portfolio		—		—		772,070		72,872
U.S. Core Equity 2 Portfolio		—		—		919,025		227,552
U.S. Vector Equity Portfolio		—		—		435,193		108,303
T.A. U.S. Core Equity 2 Portfolio		—		—		677,938		33,387
DFA Real Estate Securities Portfolio		—		—		400,916		320,606
Large Cap International Portfolio		—		—		241,566		239,872
International Core Equity Portfolio		—		—		1,184,486		104,660
T.A. World ex U.S. Core Equity Portfolio		—		—		309,525		1,929
DFA International Real Estate Securities Portfolio		—		—		431,110		4,259
DFA International Small Cap Value Portfolio		—		—		1,875,427		1,208,690
International Vector Equity Portfolio		—		—		79,180		26
Emerging Markets Core Equity Portfolio		—		—		540,578		57,542
DFA Selectively Hedged Global Fixed Income Portfolio	$	37,094	$	24,036		244,577		300
DFA Five-Year Government Portfolio		1,739,252		665,887		—		—
DFA Five-Year Global Fixed Income Portfolio		2,485,545		1,190,998		691,937		497,073
DFA Intermediate Government Fixed Income Portfolio		186,175		233,806		—		—
DFA Inflation-Protected Securities Portfolio		186,535		11,081		—		—
DFA Short-Term Municipal Bond Portfolio		—		—		479,417		4,018
DFA California Short-Term Municipal Bond Portfolio		—		—		143,843		17,733

F. Federal Income Taxes:

Each Portfolio has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to its shareholders. Accordingly, no provision has been made for federal income taxes.

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of October 31, 2008, primarily attributable to net realized gains on securities considered to be "passive foreign investment companies", non-deductible offering costs, foreign bond bifurcation, the utilization of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid

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deduction for income tax purposes and distribution redesignations, were reclassified to the following accounts. These reclassifications had no effect on net assets or net asset value per share (amounts in thousands):

	Increase (Decrease) Paid-In Capital			Increase (Decrease) Undistributed Net Investment Income			Increase (Decrease) Accumulated Net Realized Gains (Losses)
Enhanced U.S. Large Company Portfolio	$	(14,673	)	$	14,691		$	(18	)
U.S. Large Cap Value Portfolio		4,199			(4,185	)		(14	)
U.S. Targeted Value Portfolio		940			(958	)		18
U.S. Small Cap Value Portfolio		1,317,651			36,758			(1,354,409	)
T.A. U.S. Core Equity 2 Portfolio		(31	)		31			—
U.S. Small Cap Portfolio		553,289			9,195			(562,484	)
U.S. Micro Cap Portfolio		700,277			38,521			(738,798	)
DFA Real Estate Securities Portfolio		—			(3,305	)		3,305
Large Cap International Portfolio		15,899			(1,482	)		(14,417	)
International Core Equity Portfolio		8,889			(2,295	)		(6,594	)
T.A. World ex U.S. Core Equity Portfolio		(29	)		35			(6	)
International Small Company Portfolio		—			3,596			(3,596	)
Japanese Small Company Portfolio		(623	)		96			527
Asia Pacific Small Company Portfolio		—			(76	)		76
United Kingdom Small Company Portfolio		14			71			(85	)
Continental Small Company Portfolio		4			(3	)		(1	)
DFA International Real Estate Securities Portfolio		(5	)		(516	)		521
DFA Global Real Estate Securities Portfolio		(16	)		16			—
DFA International Small Cap Value Portfolio		7,876			(9,622	)		1,746
International Vector Equity Portfolio		(5	)		(14	)		19
Emerging Markets Portfolio		7,132			(6,340	)		(792	)
Emerging Markets Small Cap Portfolio		45			(1,309	)		1,264
Emerging Markets Core Equity Portfolio		1,698			(1,074	)		(624	)
DFA One-Year Fixed Income Portfolio		(8,854	)		8,854			—
DFA Two-Year Global Fixed Income Portfolio		(63,279	)		62,999			280
DFA Selectively Hedged Global Fixed Income Portfolio		(2,209	)		(5,238	)		7,447
DFA Five-Year Global Fixed Income Portfolio		(5,349	)		(15,289	)		20,638
DFA Inflation-Protected Securities Portfolio		(32	)		32			—
DFA California Short-Term Municipal Bond Portfolio		(11	)		11			—

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
U.S. Large Company Portfolio
2006	$	41,748		—	$	41,748
2007		55,847		—		55,847
2008		67,060		—		67,060
Enhanced U.S. Large Company Portfolio
2006		5,651		—		5,651
2007		23,020	$	1,991		25,011
2008		15,756		17,593		33,349
U.S. Large Cap Value Portfolio
2006		83,776		5,642		89,418
2007		105,066		146,660		251,726
2008		118,438		315,456		433,894

168

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
U.S. Targeted Value Portfolio
2006	$	7,089	$	10,659	$	17,748
2007		9,597		12,911		22,508
2008		9,084		14,001		23,085
U.S. Small Cap Value Portfolio
2006		99,305		537,712		637,017
2007		168,338		643,084		811,422
2008		73,038		747,955		820,993
U.S. Core Equity 1 Portfolio
2006		5,968		—		5,968
2007		15,517		1,000		16,517
2008		22,927		—		22,927
U.S. Core Equity 2 Portfolio
2006		9,408		—		9,408
2007		36,180		1,451		37,631
2008		48,004		—		48,004
U.S. Vector Equity Portfolio
2006		1,296		—		1,296
2007		13,979		—		13,979
2008		14,964		—		14,964
T.A. U.S. Core Equity 2 Portfolio
2007		—		—		—
2008		4,648		—		4,648
U.S. Small Cap Portfolio
2006		49,510		117,599		167,109
2007		70,394		144,164		214,558
2008		35,218		173,651		208,869
U.S. Micro Cap Portfolio
2006		97,962		222,188		320,150
2007		109,408		344,357		453,765
2008		82,937		350,692		433,629
DFA Real Estate Securities Portfolio
2006		59,687		48,370		108,057
2007		65,631		77,963		143,594
2008		34,694		200,903		235,597
Large Cap International Portfolio
2006		40,702		—		40,702
2007		52,781		909		53,690
2008		54,328		28,913		83,241
International Core Equity Portfolio
2006		9,763		—		9,763
2007		40,770		205		40,975
2008		85,639		17,053		102,692

169

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
T.A. World ex U.S. Core Equity Portfolio
2008	$	1,192		—	$	1,192
International Small Company Portfolio
2006		90,178	$	123,568		213,746
2007		147,606		139,397		287,003
2008		167,345		279,890		447,235
Japanese Small Company Portfolio
2006		2,258		—		2,258
2007		2,759		—		2,759
2008		3,574		—		3,574
Asia Pacific Small Company Portfolio
2006		1,662		—		1,662
2007		3,089		—		3,089
2008		4,433		—		4,433

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Return of Capital		Total
United Kingdom Small Company Portfolio
2006	$	799	$	888		—	$	1,687
2007		1,360		1,153		—		2,513
2008		1,227		1,311	$	19		2,557
Continental Small Company Portfolio
2006		1,559		5,185		—		6,744
2007		3,386		2,271		—		5,657
2008		4,326		6,764		97		11,187
DFA International Real Estate Securities Portfolio
2006		—		—		—		—
2007		2,768		—		—		2,768
2008		19,791		—		—		19,791
DFA Global Real Estate Securities Portfolio
2008		—		—		—		—
DFA International Small Cap Value Portfolio
2006		132,360		176,381		—		308,741
2007		218,066		401,394		—		619,460
2008		318,023		534,468		—		852,491
International Vector Equity Portfolio
2008		—		—		—		—
Emerging Markets Portfolio
2006		55,765		587		—		56,352
2007		54,872		23,352		—		78,224
2008		70,205		128,306		—		198,511

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	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Return of Capital		Total
Emerging Markets Small Cap Portfolio
2006	$	15,659	$	11,803		—	$	27,462
2007		21,595		53,499		—		75,094
2008		32,090		83,686		—		115,776
Emerging Markets Core Equity Portfolio
2006		9,153		83		—		9,236
2007		26,413		1,966		—		28,379
2008		42,769		5,265	$	204		48,238
DFA One-Year Fixed Income Portfolio
2006		88,029		—		—		88,029
2007		149,471		—		—		149,471
2008		102,391		—		—		102,391
DFA Two-Year Global Fixed Income Portfolio
2006		28,485		—		—		28,485
2007		78,938		—		—		78,938
2008		99,528		296		—		99,824
DFA Selectively Hedged Global Fixed Income Portfolio
2008		—		—		68		68
DFA Five-Year Government Portfolio
2006		34,242		—		—		34,242
2007		49,378		—		—		49,378
2008		38,626		—		—		38,626
DFA Five-Year Global Fixed Income Portfolio
2006		54,715		—		4,812		59,527
2007		60,967		—		—		60,967
2008		96,473		—		5,349		101,822
DFA Intermediate Government Fixed Income Portfolio
2006		25,823		2,647		—		28,470
2007		46,222		310		—		46,532
2008		59,933		112		—		60,045
DFA Inflation-Protected Securities Portfolio
2006		—		—		—		—
2007		2,996		—		—		2,996
2008		19,588		—		—		19,588
DFA Short-Term Municipal Bond Portfolio
2006		16,050		—		—		16,050
2007		24,969		—		—		24,969
2008		18,834		—		—		18,834
DFA California Short-Term Municipal Bond Portfolio
2007		1,116		—		—		1,116
2008		3,577		—		—		3,577

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At October 31, 2008, the following net investment income and short-term capital gains and long-term capital gains distributions designated for federal income tax purposes are due to the utilization of accumulated earnings and profits distributed to shareholders upon redemption of shares (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
U.S. Large Cap Value Portfolio	$	4,198		—	$	4,198
U.S. Targeted Value Portfolio		939		—		939
Large Cap International Portfolio		881		—		881
International Core Equity Portfolio		1,299		—		1,299
DFA International Real Estate Securities Portfolio		8		—		8
DFA International Small Cap Value Portfolio		7,029	$	846		7,875
Emerging Markets Portfolio		5,434		1,698		7,132
Emerging Markets Small Cap Portfolio		45		—		45

At October 31, 2008, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):

	Undistributed Net Investment Income and Short-Term Capital Gains		Undistributed Long-Term Capital Gains		Capital Loss Carryforward			Total Net Distributable Earnings (Accumulated Losses)
U.S. Large Company Portfolio	$	10,911		—	$	(129,796	)	$	(118,885	)
Enhanced U.S. Large Company Portfolio		17,552		—		(116,138	)*		(98,586	)
U.S. Large Cap Value Portfolio		30,999		—		—			30,999
U.S. Targeted Value Portfolio		2,111		—		(998	)		1,113
U.S. Small Cap Value Portfolio		32,013		—		(371,019	)		(339,006	)
U.S. Core Equity 1 Portfolio		280		—		(21,910	)		(21,630	)
U.S. Core Equity 2 Portfolio		443		—		(57,743	)		(57,300	)
U.S. Vector Equity Portfolio		3,652		—		(14,463	)		(10,811	)
T.A. U.S. Core Equity 2 Portfolio		1,833		—		(7,282	)		(5,449	)
U.S. Small Cap Portfolio		7,870		—		(380,119	)		(372,249	)
U.S. Micro Cap Portfolio		36,230		—		(453,532	)		(417,302	)
DFA Real Estate Securities Portfolio		34,249		—		(70,758	)		(36,509	)
Large Cap International Portfolio		2,829		—		(19,004	)		(16,175	)
International Core Equity Portfolio		563		—		(10,739	)		(10,176	)
T.A. World ex U.S. Core Equity Portfolio		1,016		—		(2,250	)		(1,234	)
International Small Company Portfolio		13,366		—		(125,946	)		(112,580	)
Japanese Small Company Portfolio		1,084		—		(68,241	)		(67,157	)
Asia Pacific Small Company Portfolio		1,077		—		(30,387	)		(29,310	)
United Kingdom Small Company Portfolio		—		—		(931	)		(931	)
Continental Small Company Portfolio		—		—		(16,513	)		(16,513	)
DFA International Real Estate Securities Portfolio		5,091		—		(13,492	)		(8,401	)
DFA Global Real Estate Securities Portfolio		13		—		—			13
DFA International Small Cap Value Portfolio		13,995	$	25,188		—			39,183
International Vector Equity Portfolio		232		—		(27	)		205
Emerging Markets Portfolio		5,867		20,944		—			26,811
Emerging Markets Small Cap Portfolio		3,552		—		(21,881	)		(18,329	)
Emerging Markets Core Equity Portfolio		—		—		(62,950	)		(62,950	)
DFA One-Year Fixed Income Portfolio		9,752		—		(13,882	)		(4,130	)
DFA Two-Year Global Fixed Income Portfolio		84,596		—		(22,911	)		61,685
DFA Selectively Hedged Global Fixed Income Portfolio		—		—		—			—
DFA Five-Year Government Portfolio		5,156		—		(19,566	)		(14,410	)
DFA Five-Year Global Fixed Income Portfolio		—		—		(37,996	)		(37,996	)

172

	Undistributed Net Investment Income and Short-Term Capital Gains		Undistributed Long-Term Capital Gains		Capital Loss Carryforward			Total Net Distributable Earnings (Accumulated Losses)
DFA Intermediate Government Fixed Income Portfolio	$	10,404	$	6,294		—		$	16,698
DFA Inflation-Protected Securities Portfolio		4,009		364		—			4,373
DFA Short-Term Municipal Bond Portfolio		2,185		—	$	(17	)		2,168
DFA California Short-Term Municipal Bond Portfolio		442		—		(23	)		419

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2008, the following Portfolios had capital loss carryforwards available to offset future realized capital gains through the indicated expiration dates (amounts in thousands):

	2009		2010		2011		2012		2013		2014		2015		2016			Total
U.S. Large Company Portfolio		—		—	$	27,798		—	$	5,485	$	8,867		—	$	87,646		$	129,796
Enhanced U.S. Large Company Portfolio		—		—		—		—		—		—		—		116,138	*		116,138	*
U.S. Targeted Value Portfolio		—		—		—		—		—		—		—		998			998
U.S. Small Cap Value Portfolio		—		—		—		—		—		—		—		371,019			371,019
U.S. Core Equity 1 Portfolio		—		—		—		—		—		—	$	3,266		18,644			21,910
U.S. Core Equity 2 Portfolio		—		—		—		—		—		—		15,562		42,181			57,743
U.S. Vector Equity Portfolio		—		—		—		—		—		—		1,759		12,704			14,463
T.A. U.S. Core Equity 2 Portfolio		—		—		—		—		—		—		310		6,972			7,282
U.S. Small Cap Portfolio		—		—		—		—		—		—		—		380,119			380,119
U.S. Micro Cap Portfolio		—		—		—		—		—		—		—		453,532			453,532
DFA Real Estate Securities Portfolio		—		—		—		—		—		—		—		70,758			70,758
Large Cap International Portfolio		—		—		—		—		—		—		—		19,004			19,004
International Core Equity Portfolio		—		—		—		—		—		—		—		10,739			10,739
T.A. World ex U.S. Core Equity Portfolio		—		—		—		—		—		—		—		2,250			2,250
International Small Company Portfolio		—		—		—		—		—		—		—		125,946			125,946
Japanese Small Company Portfolio	$	3,508	$	4,453		19,912	$	3,801		3,055		2,451		8,004		23,057			68,241
Asia Pacific Small Company Portfolio		—		—		5,837		1,150		907		864		—		21,629			30,387
United Kingdom Small Company Portfolio		—		—		—		—		—		—		—		931			931
Continental Small Company Portfolio		—		—		—		—		—		—		—		16,513			16,513
DFA International Real Estate Securities Portfolio		—		—		—		—		—		—		46		13,446			13,492
International Vector Equity Portfolio		—		—		—		—		—		—		—		27			27
Emerging Markets Small Cap Portfolio		—		—		—		—		—		—		—		21,881			21,881
Emerging Markets Core Equity Portfolio		—		—		—		—		—		—		—		62,950			62,950
DFA One-Year Fixed Income Portfolio		—		—		—		1,119		4,660		—		6,830		1,273			13,882
DFA Two-Year Global Fixed Income Portfolio		—		—		—		3,018		10,707		8,622		—		564			22,911
DFA Five-Year Government Portfolio		—		—		—		—		4,975		14,591		—		—			19,566
DFA Five-Year Global Fixed Income Portfolio		—		—		—		4,667		12,384		15,882		—		5,063			37,996
DFA Short-Term Municipal Bond Portfolio		—		—		—		17		—		—		—		—			17
DFA California Short-Term Municipal Bond Portfolio		—		—		—		—		—		—		4		19			23

* As a result of The Enhanced U.S. Large Company Series "Check the Box" election on 11/1/2008, a $116,138,144 capital loss carryover was transferred to the Enhanced U.S. Large Company Portfolio. Per limitations within Internal Revenue Code Section 381(c)(3), the Portfolio will not be able to apply any of this until the tax year ended 10/31/2009 or the first taxable year ending after the date of the transfer. Any unused portion of the loss will expire in 2016.

During the period ended October 31, 2008, the following Portfolio utilized capital loss carryforwards to offset realized capital gains for federal income tax purposes (amounts in thousands):

DFA Five-Year Government Portfolio

2,704

For the period ended October 31, 2008, the Japanese Small Company Portfolio had capital loss carryforward expirations of $632 (in thousands).

Some of the Portfolios' investments and investments held by the Master Funds are in securities considered to be "passive foreign investment companies" for which any unrealized appreciation (depreciation) (mark to market) and/or realized gains are required to be included in distributable net investment income for federal income tax purposes. At October 31, 2008, the following Portfolios had cumulative unrealized appreciation (depreciation)

173

(mark to market) to be included in distributable net investment income for federal tax purposes. For the period December 1, 2007 to October 31, 2008, realized gains on the sale of passive foreign investment companies have been reclassified from accumulated net realized gains to accumulated net investment income for federal tax purposes. Amounts listed below are in thousands.

	Mark to Market		Realized Gains
Large Cap International Portfolio	$	2,082	$	15
International Core Equity Portfolio		74		30
T.A. World ex U.S. Core Equity Portfolio		—		—
International Small Company Portfolio		4,396		4,189
Japanese Small Company Portfolio		117		142
Asia Pacific Small Company Portfolio		664		—
United Kingdom Small Company Portfolio		41		147
Continental Small Company Portfolio		—		2
DFA International Real Estate Securities Portfolio		980		—
DFA International Small Cap Value Portfolio		13,204		—
Emerging Markets Portfolio		—		—
Emerging Markets Small Cap Portfolio		85		—
Emerging Markets Core Equity Portfolio		—		4

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
U.S. Large Company Portfolio	$	2,968,522	$	174,688	$	(597,988	)	$	(423,300	)
Enhanced U.S. Large Company Portfolio		199,118		—		(847	)		(847	)
U.S. Large Cap Value Portfolio		7,351,627		—		(2,020,287	)		(2,020,287	)
U.S. Targeted Value Portfolio		1,423,657		25,538		(369,693	)		(344,155	)
U.S. Small Cap Value Portfolio		6,914,394		491,296		(1,923,659	)		(1,432,363	)
U.S. Core Equity 1 Portfolio		2,069,956		31,426		(514,761	)		(483,335	)
U.S. Core Equity 2 Portfolio		4,018,970		72,791		(1,113,612	)		(1,040,821	)
U.S. Vector Equity Portfolio		1,441,282		28,840		(435,979	)		(407,139	)
T.A. U.S. Core Equity 2 Portfolio		830,565		9,148		(190,257	)		(181,109	)
U.S. Small Cap Portfolio		2,413,619		226,160		(564,608	)		(338,448	)
U.S. Micro Cap Portfolio		3,317,977		524,174		(918,987	)		(394,813	)
DFA Real Estate Securities Portfolio		2,711,758		131,561		(634,180	)		(502,619	)
Large Cap International Portfolio		1,635,446		115,579		(403,077	)		(287,498	)
International Core Equity Portfolio		3,602,731		27,637		(1,308,483	)		(1,280,846	)
T.A. World ex U.S. Core Equity Portfolio		345,399		1,546		(89,292	)		(87,746	)
International Small Company Portfolio		4,398,350		173,738		(1,484,960	)		(1,311,222	)
Japanese Small Company Portfolio		260,231		41,157		(167,908	)		(126,751	)
Asia Pacific Small Company Portfolio		109,611		35,693		(81,347	)		(45,654	)
United Kingdom Small Company Portfolio		38,182		16,871		(29,154	)		(12,283	)
Continental Small Company Portfolio		133,809		42,755		(82,538	)		(39,783	)
DFA International Real Estate Securities Portfolio		896,506		72		(390,608	)		(390,536	)
DFA Global Real Estate Securities Portfolio		125,816		—		(34,953	)		(34,953	)
DFA International Small Cap Value Portfolio		8,113,396		302,755		(2,866,461	)		(2,563,706	)
International Vector Equity Portfolio		89,321		692		(17,577	)		(16,885	)
Emerging Markets Portfolio		1,145,368		502,115		(139,543	)		362,572
Emerging Markets Small Cap Portfolio		790,782		17,626		(260,871	)		(243,245	)

174

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
Emerging Markets Core Equity Portfolio	$	1,905,091	$	50,619	$	(584,276	)	$	(533,657	)
DFA One-Year Fixed Income Portfolio		3,205,402		—		(11,362	)		(11,362	)
DFA Two-Year Global Fixed Income Portfolio		3,080,276		44,355		—			44,355
DFA Selectively Hedged Global Fixed Income Portfolio		231,706		—		(28,767	)		(28,767	)
DFA Five-Year Government Portfolio		1,099,253		11,516		(6,246	)		5,270
DFA Five-Year Global Fixed Income Portfolio		3,187,150		170,078		(74,988	)		95,090
DFA Intermediate Government Fixed Income Portfolio		1,198,955		40,231		(9,155	)		31,076
DFA Inflation-Protected Securities Portfolio		416,951		—		(47,631	)		(47,631	)
DFA Short-Term Municipal Bond Portfolio		988,646		1,398		(6,009	)		(4,611	)
DFA California Short-Term Municipal Bond Portfolio		179,433		317		(1,366	)		(1,049	)

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes." This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Portfolios' tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2005 through the period ended October 31, 2008, depending on the Portfolios' inception date), for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Portfolios' financial statements.

For the Portfolios that adopted the provisions of FIN 48 during the fiscal year ended November 30, 2007, management has analyzed the Portfolios' tax positions taken on federal income tax returns for all open tax years (tax years ended November 30, 2005 through the period ended October 31, 2008), for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Portfolios' financial statements. Management is not aware of any events that are reasonably possible to occur in the next twelve months that would result in the amount of any unrecognized tax benefits significantly increasing or decreasing for any of the Portfolios.

On October 22, 2008, The U.S. Micro Cap Series and The U.S. Small Cap Value Series and on October 25, 2008 The U.S. Small Cap Series, each a master fund in a RIC/RIC master feeder structure each with a RIC feeder ("the Portfolios"), having 100% investment in their respective master fund, have each made a "Check-the-box" election for federal income tax purposes pursuant to Treasury Regulation § 301.7701-3, to change their federal entity classifications from a corporation taxable as a regulated investment company to a disregarded entity. As a result of this election for tax purposes, each master fund is deemed to have liquidated and distributed all of its assets and liabilities to its owners, the respective portfolios (the RIC feeders), with the respective portfolios deemed the surviving entities. The final tax year end of the Master Funds was October 21, 2008 for The U.S. Micro Cap Series and The U.S. Small Cap Value Series and October 2 4, 2008 for The U.S. Small Cap Series. For Federal income tax purposes, pursuant to Code §337(a), each of the master funds recognizes no gain or loss and, pursuant to Code §332(a), each of the Portfolios recognizes no gain or loss on the deemed liquidation. However, pursuant to IRC §332 (c), each of the aforementioned Portfolios has recognized the master fund's deemed dividend, which was distributed as part of the deemed liquidating distribution, as taxable income.

Pursuant to Code §§ 334(b)(1) and 1223, each of the Portfolios will maintain each respective master fund's holding period and tax basis in the assets deemed transferred to the respective Portfolio.

175

Each aforementioned master fund had book/tax differences upon its deemed liquidation. The following summary of permanent differences occurred as of the respective effective "Check the Box" election date (amounts in thousands).

	Increase (Decrease) Paid-In Capital			Unrealized Appreciation (Depreciation) Investment Securities		Increase (Decrease) Undistributed Net Investment Income		Increase (Decrease) Accumulated Net Realized Gains (Losses)
The U.S. Micro Cap Series	$	(1,265,661	)	$	1,255,055	$	59	$	10,547
The U.S. Small Cap Value Series		(3,245,134	)		3,217,140		113		27,881
The U.S. Small Cap Series		(1,198,194	)		1,190,062		42		8,090

Each of the Portfolios impacted by the "Check the Box" election will also have permanent book/tax differences resulting from the transaction. Listed below are those permanent differences impacting each respective Portfolio. These permanent differences for each portfolio and their respective master fund include items, such as, the reversal of the portfolio's cumulative deferred wash sale losses relative to trades in the master fund and the transfer of the master fund's deferred wash sale losses to the portfolio, the recording of the master fund's and the reversal of the portfolio's unrealized appreciation/depreciation on investment securities, and the transfer of the master fund's cumulative deferred officers' compensation. For financial statement purposes, these adjustments did not result in any changes to each respective fund's net assets or net asset value per share (amounts in thousands).

	Increase (Decrease) Paid-In Capital			Unrealized Appreciation (Depreciation) Investment Securities		Increase (Decrease) Undistributed Net Investment Income			Increase (Decrease) Accumulated Net Realized Gains (Losses)
U.S. Micro Cap Portfolio	$	(658,120	)	$	473,720	$	(102	)	$	184,502
U.S. Small Cap Value Portfolio		(1,345,309	)		1,000,380		(200	)		345,129
U.S. Small Cap Portfolio		(409,380	)		270,782		(77	)		138,675

For financial reporting purposes, this transaction had no impact on the net assets of the respective funds.

G. Capital Share Transactions:

The capital share transactions by class were as follows (amounts in thousands):

Period
Dec. 1, 2007
to
Oct. 31, 2008

Year
Ended
Nov. 30, 2007

U.S. Targeted Value Portfolio

Amount

Shares

Amount

Shares

Class R1 Shares*

Shares Issued

41,494

4,172

N/A

Shares Issued in Lieu of Cash Distributions

351

N/A

Shares Redeemed

(7,142

)

(761

)

N/A

Net Increase (Decrease)—Class R1 Shares

34,703

3,447

N/A

176

	Period Dec. 1, 2007 to Oct. 31, 2008						Year Ended Nov. 30, 2007
U.S. Targeted Value Portfolio	Amount			Shares			Amount			Shares
Class R2 Shares**
Shares Issued	$	3,032			306			N/A			N/A
Shares Issued in Lieu of Cash Distributions		10			1			N/A			N/A
Shares Redeemed		(799	)		(88	)		N/A			N/A
Net Increase (Decrease)—Class R2 Shares	$	2,243			219			N/A			N/A
Institutional Class Shares
Shares Issued	$	930,939			66,970		$	500,717			28,579
Shares Issued in Lieu of Cash Distributions		20,933			1,410			18,152			1,060
Shares Redeemed		(327,204	)		(24,350	)		(110,437	)		(6,247	)
Net Increase (Decrease)—Institutional Class Shares	$	624,668			44,030		$	408,432			23,392

* Class R1 Shares commenced operations on January 31, 2008.

** Class R2 Shares commenced operations on June 30, 2008.

H. Financial Instruments:

In accordance with the Portfolios' investment objectives and policies, the Portfolios may invest, either directly or indirectly through their investment in a corresponding Master Fund, in certain financial instruments that have off-balance sheet risk in excess of the amounts recognized in the financial statements and concentrations of credit risk. These instruments and their significant corresponding risks are described below:

1. Repurchase Agreements: The Portfolios may purchase money market instruments subject to the counterparty's agreement to repurchase them at an agreed upon date and price. The counterparty will be required on a daily basis to maintain the value of the collateral subject to the agreement at not less than the repurchase price (including accrued interest). The agreements are conditioned upon the collateral being deposited under the Federal Reserve book-entry system with the Fund's custodian or a third party sub-custodian. In the event of default or bankruptcy by the other party to the agreement, retention of the collateral may be subject to legal proceedings. All open repurchase agreements were entered into on October 31, 2008.

2. Forward Currency Contracts: The DFA Selectively Hedged Global Fixed Income Portfolio and DFA Five-Year Global Fixed Income Portfolio may enter into forward foreign currency contracts only to hedge against adverse changes in the relationship of the U.S. dollar to foreign currencies. At October 31, 2008, the DFA Selectively Hedged Global Fixed Income Portfolio and the DFA Five-Year Global Fixed Income Portfolio had entered into the following contracts and the net unrealized foreign exchange gain/(loss) is reflected in the accompanying financial statements (amounts in thousands):

DFA Selectively Hedged Global Fixed Income Portfolio

Settlement Date		Currency Amount		Currency Sold	Contract Amount		Value at Oct. 31, 2008		Unrealized Foreign Exchange Gain (Loss)
	11/25/08		32,077	Japanese Yen	$	320	$	326	$	(6	)

177

DFA Five-Year Global Fixed Income Portfolio

Settlement Date	Currency Amount		Currency Sold	Contract Amount		Value at Oct. 31, 2008		Unrealized Foreign Exchange Gain (Loss)
11/10/08		32,839,797	Japanese Yen	$	339,787	$	333,484	$	6,303
11/19/08		11,770	Australian Dollar		7,905		7,807		98
11/19/08		21,579,524	Japanese Yen		215,054		219,208		(4,154	)
11/19/08		220,256	Swedish Krona		29,544		28,367		1,177
11/19/08		106,104	Swiss Franc		93,628		91,517		2,111
11/25/08		36,806,497	Japanese Yen		367,001		373,965		(6,964	)
				$	1,052,919	$	1,054,348	$	(1,429	)

Risks may arise upon entering into these contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of foreign currency relative to the U.S. dollar.

3. Foreign Market Risks: Investments in foreign markets may involve certain considerations and risks not typically associated with investments in the United States of America, including the possibility of future political and economic developments and the level of foreign governmental supervision and regulation of foreign securities markets. These markets are generally smaller, less liquid and more volatile than the major securities markets in the United States of America. Consequently, acquisition and disposition of securities held by the Portfolios may be inhibited.

4. Futures Contracts: During the period ended October 31, 2008, the Portfolios entered into futures contracts in accordance with their investment objectives. Upon entering into a futures contract, the Portfolios deposit cash or pledge U.S. Government securities to a broker, equal to the minimum "initial margin" requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as "variation margin" and are recorded daily by the Portfolios as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Portfolios record a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

At October 31, 2008, the following funds had outstanding futures contracts (dollar amounts in thousands):

Fund	Description	Expiration Date	Number of Contracts		Contract Value		Unrealized Gain (Loss)		Approximate Cash Collateral
U.S. Targeted Value Portfolio	S&P 500 Index^®	12/19/2008		20	$	4,837	$	3	$	495
U.S. Core Equity 1 Portfolio	S&P 500 Index^®	12/19/2008		20		4,837		2		495
U.S. Core Equity 2 Portfolio	S&P 500 Index^®	12/19/2008		6		1,451		1		149
T.A. U.S. Core Equity 2 Portfolio	S&P 500 Index^®	12/19/2008		10		2,418		1		248
DFA Real Estate Securities Portfolio	S&P 500 Index^®	12/19/2008		80		19,346		10		1,980
International Core Equity Portfolio	S&P 500 Index^®	12/19/2008		125		30,228		15		3,094
T.A. World ex U.S. Core Equity Portfolio	S&P 500 Index^®	12/19/2008		12		2,902		1		297
DFA International Small Cap Value Portfolio	S&P 500 Index^®	12/19/2008		229		55,378		28		5,668
International Vector Equity Portfolio	S&P 500 Index^®	12/19/2008		8		1,935		1		198
Emerging Markets Core Equity Portfolio	S&P 500 Index^®	12/19/2008		33		7,980		4		817

5. Treasury Inflation-Protected Securities (TIPS): The DFA Inflation-Protected Securities Portfolio may purchase TIPS which are securities issued by the U.S. Treasury. Because the interest and/or principal payments on an inflation-protected security are adjusted periodically for changes in inflation, the income distributed by the Portfolio may be irregular. In addition, the current market value of inflation-protected securities is not guaranteed and will fluctuate.

178

I. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 30, 2003 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 23, 2009.

For the period ended October 31, 2008, borrowings by the Portfolios under this line of credit were as follows (amounts in thousands, except percentages and days):

	Weighted Average Interest Rate			Weighted Average Loan Balance		Number of Days Outstanding		Interest Expense Incurred		Maximum Amount Borrowed During the Period
U.S. Targeted Value Portfolio		3.49	%	$	512		6		—	$	753
U.S. Core Equity 1 Portfolio		3.27	%		3,701		16	$	5		9,542
U.S. Core Equity 2 Portfolio		3.75	%		7,388		18		14		13,919
U.S. Vector Equity Portfolio		4.69	%		10,157		12		16		37,588
T.A. U.S. Core Equity 2 Portfolio		3.32	%		2,290		23		5		9,804
DFA Real Estate Securities Portfolio		3.39	%		9,167		46		40		24,998
DFA Global Real Estate Securities Portfolio		3.05	%		712,818		18		1		2,818

There were no outstanding borrowings by the Portfolios under this line of credit at October 31, 2008.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2009.

For the period ended October 31, 2008, borrowings by the Portfolios under this line of credit were as follows (amounts in thousands, except percentages and days):

	Weighted Average Interest Rate			Weighted Average Loan Balance		Number of Days Outstanding		Interest Expense Incurred		Maximum Amount Borrowed During the Period
U.S. Core Equity 2 Portfolio		4.91	%	$	17,023		1	$	2	$	17,023
Large Cap International Portfolio		2.65	%		2,917		19		4		5,357
International Core Equity Portfolio		3.07	%		1,049		8		1		3,544
T.A. World ex U.S. Core Equity Portfolio		2.75	%		757		5		—		2,094
International Small Company Portfolio		2.43	%		5,070		20		7		22,542
DFA International Real Estate Securities Portfolio		1.91	%		1,759		9		1		1,630
DFA International Small Cap Value Portfolio		2.49	%		13,232		36		33		62,321
Emerging Markets Core Equity Portfolio		3.16	%		1,216		31		3		3,744

There were no outstanding borrowings by the Portfolios under this line of credit at October 31, 2008.

J. Securities Lending:

As of October 31, 2008, some of the Portfolios had securities on loan to brokers/dealers, for which each Portfolio held cash collateral. Each Portfolio invests the cash collateral, as described below, and records a liability for the return of the collateral, during the period the securities are on loan. Loans of securities are expected at all times to be secured by collateral equal to at least (i) 100% of the current market value of the loaned securities with respect

179

to securities of the U.S. government or its agencies, (ii) 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) 105% of the current market value of the loaned securities with respect to foreign securities. However, daily market fluctuations could cause the Portfolios' collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. In the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. If the borrower fails to return loaned securities, and cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities and provided such collateral insufficiency is not the result of investment losses, the lending agent has agreed to pay the amount of the sho rtfall to the Portfolio or, at the option of the lending agent, to replace the securities.

Subject to each Portfolios' investment policy, the cash collateral received by the Portfolio from securities on loan is invested in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies or shares of the DFA Short Term Investment Fund LP. Agencies include both agency debentures and agency mortgage backed securities. In addition, each Portfolio will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible to be taxed at qualified dividend income rates.

K. Shareholder Servicing Fees:

The Class R1 Shares pay a shareholder servicing fee in the amount of 0.10% and Class R2 Shares pay a shareholder servicing fee in the amount of 0.25% of their annual average net assets to compensate service agents that provide shareholder servicing, record keeping, account maintenance and other services to investors in the U.S. Targeted Value Portfolio Class R1 and Class R2 Shares.

L. Indemnitees; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund.

M. Recently Issued Accounting Standards and Interpretation:

N. In-Kind Redemptions:

In accordance with guidelines described in the Portfolios' prospectus, the fund may distribute portfolio securities rather than cash as payment for a redemption of fund shares (in-kind redemption). For financial reporting purposes, the fund recognizes a gain on in-kind redemptions to the extent the value of the distributed securities on the date of redemption exceeds the cost of those securities. Gains and losses realized on in-kind redemptions are not recognized for tax purposes and are reclassified from undistributed realized gain (loss) to paid-in capital.

During the period December 1, 2007 to October 31, 2008, the following Portfolios realized net gains of in-kind redemptions (amounts in thousands):

Large Cap International Portfolio	$	14,987
International Core Equity Portfolio		7,590
Emerging Markets Core Equity Portfolio		1,902

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O. Other:

At October 31, 2008, the following number of shareholders held the following approximate percentages of outstanding shares of the Portfolios. One or more of the shareholders may be omnibus accounts, which typically hold shares for the benefit of several other underlying investors.

	Number of Shareholders		Approximate Percentage of Outstanding Shares
U.S. Large Company Portfolio — Institutional Class Shares		3		71	%
Enhanced U.S. Large Company Portfolio — Institutional Class Shares		3		77	%
U.S. Large Cap Value Portfolio — Institutional Class Shares		3		73	%
U.S. Targeted Value Portfolio — Class R1 Shares		1		100	%
U.S. Targeted Value Portfolio — Class R2 Shares		1		94	%
U.S. Targeted Value Portfolio — Institutional Class Shares		2		44	%
U.S. Small Cap Value Portfolio — Institutional Class Shares		1		41	%
U.S. Core Equity 1 Portfolio — Institutional Class Shares		2		56	%
U.S. Core Equity 2 Portfolio — Institutional Class Shares		4		77	%
U.S. Vector Equity Portfolio — Institutional Class Shares		3		77	%
T.A. U.S. Core Equity 2 Portfolio — Institutional Class Shares		3		91	%
U.S. Small Cap Portfolio — Institutional Class Shares		3		53	%
U.S. Micro Cap Portfolio — Institutional Class Shares		2		53	%
DFA Real Estate Securities Portfolio — Institutional Class Shares		2		69	%
Large Cap International Portfolio — Institutional Class Shares		2		77	%
International Core Equity Portfolio — Institutional Class Shares		3		65	%
T.A. World ex U.S. Core Equity Portfolio — Institutional Class Shares		2		85	%
International Small Company Portfolio — Institutional Class Shares		2		51	%
Japanese Small Company Portfolio — Institutional Class Shares		4		71	%
Asia Pacific Small Company Portfolio — Institutional Class Shares		3		81	%
United Kingdom Small Company Portfolio — Institutional Class Shares		1		66	%
Continental Small Company Portfolio — Institutional Class Shares		3		70	%
DFA International Real Estate Securities Portfolio — Institutional Class Shares		2		68	%
DFA Global Real Estate Securities Portfolio — Institutional Class Shares		3		95	%
DFA International Small Cap Value Portfolio — Institutional Class Shares		2		47	%
International Vector Equity Portfolio — Institutional Class Shares		3		97	%
Emerging Markets Portfolio — Institutional Class Shares		1		41	%
Emerging Markets Small Cap Portfolio — Institutional Class Shares		2		54	%
Emerging Markets Core Equity Portfolio — Institutional Class Shares		3		75	%
DFA One-Year Fixed Income Portfolio — Institutional Class Shares		3		81	%
DFA Two-Year Global Fixed Income Portfolio — Institutional Class Shares		2		80	%
DFA Selectively Hedged Global Fixed Income Portfolio — Institutional Class Shares		3		88	%
DFA Five-Year Government Portfolio — Institutional Class Shares		3		74	%
DFA Five-Year Global Fixed Income Portfolio — Institutional Class Shares		3		73	%
DFA Intermediate Government Fixed Income Portfolio — Institutional Class Shares		2		78	%
DFA Inflation-Protected Securities Portfolio — Institutional Class Shares		2		81	%
DFA Short-Term Municipal Bond Portfolio — Institutional Class Shares		3		76	%
DFA California Short-Term Municipal Bond Portfolio — Institutional Class Shares		3		93	%

P. Subsequent Event Note:

181

Federal income tax purposes, pursuant to Code §336(a), the master fund recognizes gain or loss as if the master's investment securities were sold to its shareholders and, pursuant to Code §331, each of the Portfolios recognizes gain or loss as if it liquidated its investment in the master. For tax purposes, pursuant to Code § 334(a), each of the Portfolio's will take a fair market value basis in the securities deemed received by them and a new holding period for those securities commences on the deemed liquidation date.

The master fund had book/tax differences upon its deemed liquidation. The following summary of permanent differences occurred as of the respective effective "Check the Box" election date.

Increase (Decrease) Paid-In Capital				Unrealized Appreciation (Depreciation) Investment Securities				Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains (Losses)
$	(2,187,614,395	)		$	2,319,051,847			$	(602,214	)		$	(130,835,238	)

As a result of the transaction, The DFA International Value Series recognized a ($2,309,440,866) and ($718,733) capital and currency loss respectively for tax year ended October 31, 2008. Additionally, the fund has written off $2,178,493,687 of expired capital loss carryover as a permanent book/tax reporting difference decreasing paid in capital.

Each Portfolio impacted by the "Check the Box" election also has a permanent book/tax difference resulting from the transaction. Listed below is the permanent difference impacting each respective Portfolio. For financial statement purposes, this adjustment did not result in any changes to each respective fund's net assets or net asset value per share.

	Unrealized Appreciation (Depreciation) Investment Securities			Increase (Decrease) Accumulated Net Realized Gains (Losses)
DFA International Value Portfolio	$	1,598,039,236		$	(1,598,039,236	)
DFA International Value Portfolio II		49,859,737			(49,859,737	)
DFA International Value Portfolio III		155,866,882			(155,866,882	)
DFA International Value Portfolio IV		82,052,198			(82,052,198	)
LWAS/DFA International High Book To Market Portfolio		(19,800,535	)		19,800,535

For financial reporting purposes, this transaction had no impact on the net assets of the respective funds.

On November 1, 2008, The Enhanced U.S. Large Company Series, a master fund in a RIC/RIC master feeder structure and The Enhanced U.S. Large Company Portfolio ("the Portfolio"), having 100% investment in its respective master fund, made a "Check-the-box" election for federal income tax purposes pursuant to Treasury Regulation §301.7701-3, to change its federal entity classification from a corporation taxable as a regulated investment company to a disregarded entity. As a result of this election for tax purposes, the master fund is deemed to have liquidated and distributed all of its assets and liabilities to its owner, the portfolio, with the portfolio deemed the surviving entity. The final tax year end of the Master Fund was October 31, 2008. For Federal income tax purposes, pursuant to Code §337(a), the Master Fund did not recognize any gain or loss and, pursuant to Code §332(a), the Portfolio did not recognize any gain or lo ss on the deemed liquidation. However, pursuant to IRC §332 (c), the Portfolio has recognized the master fund's deemed dividend, which was distributed as part of the deemed liquidating distribution, as taxable income.

Pursuant to Code §§ 334(b(1) and 1223, the Portfolio will maintain the Master Fund's holding period and tax basis in the assets deemed transferred to the Portfolio.

182

The master fund had book/tax differences upon its deemed liquidation. The following summary of permanent differences occurred as of the respective effective "Check the Box" election date.

Increase (Decrease) Paid-In Capital				Unrealized Appreciation (Depreciation) Investment Securities				Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains (Losses)
$	(117,037,950	)		$	52,451,710			$	(425,031	)		$	65,011,271

The Portfolio will also have permanent book/tax differences resulting from the "Check the Box" election. Listed below are those permanent differences impacting the Portfolio. These permanent differences include items, such as, the transfer of the master fund's capital loss carryover to the Portfolio, the reversal of the Portfolio's cumulative deferred wash sale losses relative to trades in the master fund and the transfer of the master fund's deferred wash sale losses to the Portfolio, the recording of the master fund's and the reversal of the Portfolio's unrealized appreciation/depreciation on investment securities, and the transfer of the master fund's cumulative deferred officers' compensation. For financial statement purposes, these adjustments did not result in any changes to the fund's net assets or net asset value per share.

Increase (Decrease) Paid-In Capital				Unrealized Appreciation (Depreciation) Investment Securities				Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains (Losses)
$	64,118,768			$	59,581,296			$	(429,063	)		$	(123,271,001	)

For financial reporting purposes, this transaction had no impact on the net assets of the the fund.

On November 1, 2008, The DFA One-Year Fixed Income Series and The DFA Two-Year Global Fixed Income Series, each a master fund in a RIC/RIC master feeder structure with RIC feeders, underlying fund of fund investors (Two Year Global Fixed Income Series) and direct client investors, have each made a "Check-the-box" election for federal income tax purposes pursuant to Treasury Regulation § 301.7701-3, to change their federal entity classifications from a corporation taxable as a regulated investment company to a partnership. As a result of this election, for tax purposes, the master funds are deemed to have distributed all of their assets and liabilities to their shareholders in liquidation of the master fund. Since each master fund has a shareholder owning 80% or more of the fund's shares, and also has shareholders owning less than 80%, each fund's respective transaction creates a non-taxable transaction, pursuant to Internal Revenue Code §332 for those owning more than 80%, and a taxable transaction, pursuant to Internal Revenue Code §331, for those shareholders owning less than 80%. Immediately after the deemed liquidation, the shareholders contributed all of the distributed assets and liabilities to newly formed partnerships. The final tax year end of the Master Funds was October 31, 2008.

For Federal income tax purposes, pursuant to Code §336(a), the master fund recognizes gain or loss relative to the investment of the less than 80% shareholders as if the master's investment securities were sold to those shareholders and, pursuant to Code §331, each of those shareholders recognizes gain or loss as if it liquidated its investment in the master. Pursuant to Code§ 334(a), each of these shareholders will take a fair market value basis in the securities deemed received by them and a new holding period for those securities commences on the deemed liquidation date. In regards to the shareholders owning 80% or more of the master fund, pursuant to Internal Revenue Code § 332 (a), the shareholder will not recognize any gain or loss on the deemed liquidation. However, pursuant to IRC §332(c), a portion of the deemed distribution, which otherwise would have been tax-free as discussed above, since it is utilized b y the master fund to satisfy its dividends paid deduction for the tax year, must be recognized and treated as a dividend by the 80% or greater shareholder. Pursuant to IRC §§ 334(b)(1) and 1223, the 80% or greater shareholder's basis and holding period in the securities received in liquidation is the same as it was in the possession of the master. However, any security distributed in satisfaction of the master's final dividend would have a basis equal to their fair market value and would be deemed acquired on the liquidation date.

183

Each master fund had book/tax differences upon its deemed liquidation. The following summary of permanent differences occurred as of the respective effective "Check the Box" election date.

	Increase (Decrease) Paid-In Capital			Unrealized Appreciation (Depreciation) Investment Securities			Increase (Decrease) Undistributed Net Investment Income			Increase (Decrease) Accumulated Net Realized Gains (Losses)
The DFA One-Year Fixed Income Series	$	(27,616,090	)	$	11,473,625		$	49,753		$	16,092,712
The DFA Two-Year Global Fixed Income Series		21,245,521			(39,613,298	)		(6,979,642	)		25,347,419

Each Portfolio impacted by the "Check the Box" election also has permanent book/tax differences resulting from the transaction. Listed below are the permanent differences impacting each respective Portfolio. For financial statement purposes, this adjustment did not result in any changes to each respective fund's net assets or net asset value per share.

	Increase (Decrease) Paid-In Capital		Unrealized Appreciation (Depreciation) Investment Securities			Increase (Decrease) Undistributed Net Investment Income			Increase (Decrease) Accumulated Net Realized Gains (Losses)
DFA One-Year Fixed Income Portfolio	$	23,017,604	$	(17,665,726	)		—		$	(5,351,878	)
DFA Two-Year Global Fixed Income Portfolio		58,589,854		(42,686,199	)	$	(6,443,265	)		(9,460,390	)
Global 60/40 Portfolio		—		(3,046,638	)		—			3,046,638
Global 25/75 Portfolio		—		(1,370,411	)		—			1,370,411

The Global 60/40 Portfolio and the Global 25/75 Portfolio, each representing a less than 80% owner of The DFA Two-Year Global Fixed Income Series, recognized $3,046,638 and $1,370,411 of net capital gain respectively for their tax year ended October 31, 2008, pursuant to IRC §331.

For financial reporting purposes, this transaction had no impact on the net assets of the respective funds.

184

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders of the Portfolios, as defined, and
Board of Directors of DFA Investment Dimensions Group Inc.:

In our opinion, the accompanying statements of assets and liabilities, including the schedules of investments/summary schedules of portfolio holdings, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of U.S. Large Company Portfolio, Enhanced U.S. Large Company Portfolio, U.S. Large Cap Value Portfolio, U.S. Targeted Value Portfolio, U.S. Small Cap Value Portfolio, U.S. Core Equity 1 Portfolio, U.S. Core Equity 2 Portfolio, U.S. Vector Equity Portfolio, T.A. U.S. Core Equity 2 Portfolio, U.S. Small Cap Portfolio, U.S. Micro Cap Portfolio, DFA Real Estate Securities Portfolio, Large Cap International Portfolio, International Core Equity Portfolio and T.A. World ex U.S. Core Equity Portfolio. International Small Company Portfolio, Japanese Small Company Portfolio, Asia Pacific Small Company Portfolio, United Kingdom Small Company P ortfolio, Continental Small Company Portfolio, DFA International Real Estate Securities Portfolio, DFA Global Real Estate Securities Portfolio, DFA International Small Cap Value Portfolio, International Vector Equity Portfolio, Emerging Markets Portfolio, Emerging Markets Small Cap Portfolio, Emerging Markets Core Equity Portfolio, DFA One-Year Fixed Income Portfolio, DFA Two-Year Global Fixed Income Portfolio, DFA Selectively Hedged Global Fixed Income Portfolio, DFA Five-Year Government Portfolio, DFA Five-Year Global Fixed Income Portfolio, DFA Intermediate Government Fixed Income Portfolio, DFA Inflation-Protected Securities Portfolio, DFA Short-Term Municipal Bond Portfolio and DFA California Short-Term Municipal Bond Portfolio (constituting portfolios within DFA Investment Dimensions Group Inc., hereafter referred to as the "Portfolios") at October 31, 2008, the results of each of their operations, the changes in each of their net assets and their financial highlights for each of the periods indicated, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Portfolios' management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at October 31, 2008 by correspondence with the custodians, brokers, and the transfer agent of the investee funds, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania
December 22, 2008

185

DIMENSIONAL INVESTMENT GROUP INC.
PERFORMANCE CHARTS

186

DIMENSIONAL INVESTMENT GROUP INC.
MANAGEMENT'S DISCUSSION AND ANALYSIS

International Equity Market Review 11 Months Ended October 31, 2008

Total Returns for 11 Months Ended October 31, 2008

Ten Largest Foreign Developed Markets by Market Cap (BB)	Local Currency Return			U.S. Dollar Return
Japan ($2,111)		–43.55	%		–36.33	%
United Kingdom ($1,758)		–29.61	%		–44.68	%
France ($872)		–36.80	%		–45.40	%
Canada ($786)		–25.69	%		–38.91	%
Germany ($705)		–37.97	%		–46.42	%
Switzerland ($704)		–30.05	%		–32.39	%
Australia ($513)		–35.10	%		–51.58	%
Spain ($331)		–40.19	%		–48.33	%
Italy ($301)		–43.34	%		–51.06	%
Netherlands ($206)		–41.65	%		–49.59	%

Small company stocks were the poorest-performing asset classes in international markets, while large company growth stocks had the best relative results.

Total Returns for 11 Months Ended October 31, 2008

	U.S. Dollar Return
MSCI World ex USA Small Cap Index		–50.30	%
MSCI World ex USA Value Index		–45.31	%
MSCI World ex USA Index		–44.37	%
MSCI World ex USA Growth Index		–43.47	%

187

Total Returns for 11 Months Ended October 31, 2008

Country	U.S. Dollar Return
Argentina		–55.00	%
Brazil		–51.21	%
Chile		–36.59	%
China		–59.33	%
Czech Republic		–40.25	%
Hungary		–58.65	%
India		–61.19	%
Indonesia		–59.87	%
Israel		–23.01	%
Malaysia		–40.52	%
Mexico		–44.05	%
Philippines		–49.76	%
Poland		–51.90	%
South Africa		–47.38	%
South Korea		–55.75	%
Taiwan		–43.57	%
Thailand		–51.81	%
Turkey		–59.24	%

Master-Feeder Structure

The Portfolio described below, called a "Feeder Fund," does not buy individual securities directly; instead, the Portfolio invests in a corresponding fund called a "Master Fund." The Master Fund, in turn, purchases stocks, bonds, and/or other securities.

International Equity Portfolio Performance Overview

International Value Portfolio

The International Value Portfolio seeks to capture the returns of international large company value stocks by purchasing shares of a Master Fund that invests in such stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to large cap value stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Master Fund held approximately 530 stocks in 22 developed countries, and essentially was fully invested in equities throughout the year average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Master Fund's assets.

As a result of the Master Fund's diversified investment approach, performance principally was determined by broad structural trends in global equity markets, rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, growth stocks generally outperformed value stocks in international markets. Total returns were –44.81% for the MSCI EAFE Index (net dividends), –44.37% for the MSCI World ex US Index (net dividends), and –47.96% for the Portfolio. Relative to the MSCI World ex US Index (net dividends), the underperformance of the Portfolio was primarily due to the Master Fund's greater allocation to value stocks in general and financial stocks in particular, both of which underperformed the Index. Value stocks, which accounted for approximately 69% of the Master Fund compared to 28% of the Index, underperformed the Index by approximately 4 percentage points. Financials, which accounted for 44% of the Master Fund compared to 25% of the Index, underperformed the Index by approximately 8 percentage points. A lower allocation to health care stocks, which accounted for less than 1% of the Master Fund compared to 6% of the Index and outperformed the Index by approximately 22 percentage points, also contributed to the underperformance.

188

International Value Portfolio Class R2

The International Value Portfolio Class R2 seeks to capture the returns of international large company value stocks by purchasing shares of a Master Fund that invests in such stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to large cap value stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Master Fund held approximately 530 stocks in 22 developed countries, and essentially was fully invested in equities throughout the year: average cash levels for the period from the Portfolio's inception on April 30, 2008 through October 31, 2008 were in general less than 1% of the Master Fund's assets.

As a result of the Master Fund's diversified investment approach, performance principally was determined by broad structural trends in global equity markets, rather than the behavior of a limited number of stocks. For the period from the Portfolio's inception on April 30, 2008 through the period ended October 31, 2008, total returns were –41.21% for the MSCI EAFE Index (net dividends), –41.18% for the MSCI World ex USA Index (net dividends), and –44.63% for the International Value Portfolio R2. Relative to the MSCI World ex USA Index (net dividends), the underperformance of the Portfolio was primarily due to a greater allocation to value stocks in general and financial stocks in particular, both of which underperformed the Index. Value stocks, which accounted for approximately 69% of the Portfolio compared to 28% of the Index, underperformed the Index by approximately 4 percentage points. Financials, which accounted for 44% of the Portfolio compared to 25% of the Index, underperformed the Index by approximately 8 percentage points. A lower allocation to health care stocks, which accounted for less than 1% of the Portfolio compared to 6% of the Index and outperformed the Index by approximately 26 percentage points, also contributed to the underperformance.

189

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended October 31, 2008

EXPENSE TABLE

	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return
Class R2 Shares	$	1,000.00	$	553.70		0.73	%	$	2.85
Institutional Class Shares	$	1,000.00	$	554.90		0.44	%	$	1.72
Hypothetical 5% Annual Return
Class R2 Shares	$	1,000.00	$	1,021.47		0.73	%	$	3.71
Institutional Class Shares	$	1,000.00	$	1,022.92		0.44	%	$	2.24

190

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

The categories of industry classification for the Affiliated Investment Company is represented in the Disclosure of Portfolio Holdings, which is included elsewhere within the report. Refer to the Summary Schedule of Portfolio Holdings for the underlying Master Fund's holdings which reflects the investments by country.

Affiliated Investment Company

100.0

191

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

STATEMENT OF ASSETS AND LIABILITIES

OCTOBER 31, 2008

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investment in The DFA International Value Series of The DFA Investment Trust Company (Affiliated Investment Company) (293,975,874 Shares) at Value†	$	3,354,265
Receivable for Fund Shares Sold		11,851
Prepaid Expenses and Other Assets		63
Total Assets		3,366,179
LIABILITIES:
Payables:
Affiliated Investment Company Shares Purchased		7,704
Fund Shares Redeemed		4,147
Due to Advisor		596
Accrued Expenses and Other Liabilities		287
Total Liabilities		12,734
NET ASSETS	$	3,353,445
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Class R2 Shares — based on net assets of $3,372 and shares outstanding of 652,972	$	5.16
NUMBER OF SHARES AUTHORIZED		25,000,000
Institutional Class Shares — based on net assets of $3,350,073 and shares outstanding of 267,206,005	$	12.54
NUMBER OF SHARES AUTHORIZED		300,000,000
Investment in Affiliated Investment Company at Cost	$	4,952,304
NET ASSETS CONSIST OF:
Paid-In Capital	$	4,736,953
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		9,456
Accumulated Net Realized Gain (Loss)		(1,392,964	)
Net Unrealized Appreciation (Depreciation)		—
NET ASSETS	$	3,353,445

See accompanying Notes to Financial Statements.
192

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	Period Dec.1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Income Distributions Received from Affiliated Investment Company	$	203,802		$	172,644
Expenses
Administrative Services Fees		10,005			11,144
Accounting & Transfer Agent Fees		86			88
Shareholder Servicing Fees — Class R2 Shares		3			—
Filing Fees		138			131
Shareholders' Reports		162			101
Directors'/Trustees' Fees & Expenses		—			49
Professional Fees		145			128
Other		41			18
Total Expenses		10,580			11,659
Net Investment Income (Loss)		193,222			160,985
Net Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Affiliated Investment Company		414,722			120,165
Net Realized Gain (Loss) on Affiliated Investment Company Shares Sold		(146,811	)		(11,416	)
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		(3,538,228	)		529,397
Net Realized and Unrealized Gain (Loss)		(3,270,317	)		638,146
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(3,077,095	)	$	799,131

See accompanying Notes to Financial Statements.
193

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Period Dec.1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	193,222		$	160,985		$	112,132
Capital Gain Distributions Received from Affiliated Investment Company		414,722			120,165			73,938
Net Realized Gain (Loss) on Affiliated Investment Company Shares Sold		(146,811	)		(11,416	)		(4,741	)
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		(3,538,228	)		529,397			835,662
Net Increase (Decrease) in Net Assets Resulting from Operations		(3,077,095	)		799,131			1,016,991
Distributions From:
Net Investment Income:
Class R2 Shares		(218	)		—			—
Institutional Class Shares		(203,735	)		(140,110	)		(110,180	)
Net Short-Term Gains:
Institutional Class Shares		(14,929	)		(9,341	)		(6,639	)
Net Long-Term Gains:
Institutional Class Shares		(106,397	)		(65,358	)		(43,737	)
Total Distributions		(325,279	)		(214,809	)		(160,556	)
Capital Share Transactions:
Shares Issued		1,701,392			2,157,333			1,498,950
Shares Issued in Lieu of Cash Distributions		301,997			192,509			141,308
Shares Redeemed		(1,509,639	)		(1,128,154	)		(559,091	)
Net Increase (Decrease) from Capital Share Transactions		493,750			1,221,688			1,081,167
Total Increase (Decrease) in Net Assets		(2,908,624	)		1,806,010			1,937,602
Net Assets
Beginning of Period		6,262,069			4,456,059			2,518,457
End of Period	$	3,353,445		$	6,262,069		$	4,456,059

Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	9,456		$	20,513		$	6,029

See accompanying Notes to Financial Statements.
194

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout the period)

Class R2 Shares

	Period April 30, 2008(a) to Oct. 31, 2008
Net Asset Value, Beginning of Period	$	10.00
Income from Investment Operations
Net Investment Income (Loss)		0.25	(A)
Net Gains (Losses) (Realized and Unrealized)		(4.46	)
Total from Investment Operations		(4.21	)
Less Distributions
Net Investment Income		(0.63	)
Net Realized Gains		—
Total Distributions		(0.63	)
Net Asset Value, End of Period	$	5.16
Total Return		(44.63	)%(C)
Net Assets, End of Period (thousands)	$	3,372
Ratio of Expenses to Average Net Assets (D)		0.73	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		7.47	%(B)(E)

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
195

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

Institutional Class Shares

	Period Dec.1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	25.51		$	22.71		$	17.67		$	15.73		$	12.20		$	9.19
Income from Investment Operations
Net Investment Income (Loss)		0.74	(A)		0.72	(A)		0.66	(A)		0.48			0.26			0.22
Net Gains (Losses) (Realized and Unrealized)		(12.44	)		3.09			5.37			1.89			3.58			3.02
Total from Investment Operations		(11.70	)		3.81			6.03			2.37			3.84			3.24
Less Distributions
Net Investment Income		(0.78	)		(0.63	)		(0.65	)		(0.42	)		(0.31	)		(0.23	)
Net Realized Gains		(0.49	)		(0.38	)		(0.34	)		(0.01	)		—			—
Total Distributions		(1.27	)		(1.01	)		(0.99	)		(0.43	)		(0.31	)		(0.23	)
Net Asset Value, End of Period	$	12.54		$	25.51		$	22.71		$	17.67		$	15.73		$	12.20
Total Return		(47.96	)%(C)		17.09	%		35.39	%		15.40	%		31.86	%		35.92	%
Net Assets, End of Period (thousands)	$	3,350,073		$	6,262,069		$	4,456,059		$	2,518,457		$	1,431,989		$	748,319
Ratio of Expenses to Average Net Assets (D)		0.44	%(B)		0.44	%		0.44	%		0.48	%		0.51	%		0.52	%
Ratio of Net Investment Income to Average Net Assets		3.86	%(B)		2.89	%		3.25	%		2.86	%		1.87	%		2.26	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
196

DIMENSIONAL INVESTMENT GROUP INC.
DFA INTERNATIONAL VALUE PORTFOLIO
NOTES TO FINANCIAL STATEMENTS

A. Organization:

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of fifteen portfolios, of which the DFA International Value Portfolio (the "Portfolio") is presented in this section of the report.

The Portfolio primarily invests its assets in The DFA International Value Series (the "Series"), a corresponding series of The DFA Investment Trust Company. At October 31, 2008, the Portfolio owned 71% of the outstanding shares of the Series. The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolio.

Class R2 shares commenced operations on April 30, 2008. As of October 31, 2008, Class R1 shares has 25,000,000 authorized shares and has not commenced operations.

At a regular meeting of the Board of Directors/Trustees (the "Board") on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Portfolio from November 30 to October 31.

B. Significant Accounting Policies:

1. Security Valuation: The shares of the Series held by the Portfolio are valued at their respective daily net asset value.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

In September 2006, the Financial Accounting Standards Board issued FAS 157 effective for fiscal years beginning after November 15, 2007. This standard clarifies the definition of fair value for financial reporting, establishes a framework for measuring fair value and requires additional disclosures about the use of fair value measurements. The Funds adopted FAS 157 as of December 1, 2007. The three levels of the fair value hierarchy under FAS 157 are described below:

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value of investments)

197

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
DFA International Value Portfolio	$	3,354,265		—		—	$	3,354,265

2. Deferred Compensation Plan: Each eligible Director of the Fund may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unreali zed appreciation (depreciation) and income, are included in Other Expenses for the period ended October 31, 2008 and are included in Directors'/Trustees' Fees & Expenses for the year ended November 30, 2007. At October 31, 2008, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities in the amount of $80 (in thousands).

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of affiliated investment company shares are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received from investment in affiliated investment company that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. Expenses directly attributable to the Portfolio or to the Series are directly charged. Common expenses of the Fund or Portfolios are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

Class R2 Shares and Institutional Class Shares have equal rights to assets and earnings of the Portfolio. Income, gains and losses, and common expenses of the Portfolio are allocated to each class of shares based on its relative net assets. Each class will bear its own class-specific expenses, if any.

C. Investment Advisor:

Dimensional Fund Advisors LP ("Dimensional" or the "Advisor") provides administrative services to the Portfolio, including supervision of services provided by others, providing information to the shareholders and to the Board of Directors/Trustees, and other administrative services. The Advisor provides investment advisory services to the Series. For the period December 1, 2007 to October 31, 2008, the Portfolio's administrative services fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.20% of average daily net assets.

Pursuant to the Expense Assumption Agreement for the Class R2 shares of the DFA International Value Portfolio, the Advisor has contractually agreed to assume the Portfolio's direct expenses (excluding administrative fees and custodian fees) to the extent necessary to limit the expenses of the Class R2 shares of the Portfolio to 0.79% of its average net assets on an annualized basis. At any time that the annualized expenses of the Portfolio are less than 0.79% of its average net assets on an annualized basis, the Advisor retains the right to recover any fees previously waived and/or expenses previously assumed to the extent that such recovery will not cause the annualized expenses to exceed 0.79% of its average net assets on an annualized basis. The Portfolio is not obligated to reimburse the advisor for fees previously waived or expenses previously assumed by the Advisor more than thirty-six months before the date of such reimbursement.

The Expense Assumption Agreement will remain in effect until April 1, 2009 and shall continue to remain in effect for year to year thereafter unless terminated by the Fund or the Advisor. At October 31, 2008, there were no fees subject to future recovery by the Advisor.

198

Fees Paid to Officers and Directors/Trustees:

D. Federal Income Taxes:

Distributions from net investment income and from net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income, accumulated net realized gains or unrealized appreciation, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of October 31, 2008, primarily attributable to a reclassification of distributions, were reclassified to the following accounts. These reclassifications had no effect on net assets or net asset value per share (amounts in thousands):

Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains (Losses)
$	(326	)		$	326

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
2006	$	120,187	$	45,625	$	165,812
2007		156,076		69,683		225,759
2008		218,970		106,309		325,279

At October 31, 2008, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):

Undistributed Net Investment Income and Short-Term Capital Gains				Undistributed Long-Term Capital Gains				Capital Loss Caryforward				Total Net Distributable Earnings (Accumulated Losses)
$	9,535				—			$	(1,392,964	)		$	(1,383,429	)

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2008, the Portfolio had capital loss carryforwards in the amount of $1,392,964 to offset future realized capital gains expiring in 2016.

199

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	3,352,915				—				—				—

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes." This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Portfolios' tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2005 through the period ended October 31, 2008), for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Portfolios' financial statements.

E. Capital Share Transactions:

The capital share transactions by class were as follows (amounts in thousands):

	Period Dec. 1, 2007 to Oct. 31, 2008						Year Ended Nov. 30, 2007
	Amount			Shares			Amount			Shares
Class R2 Shares*
Shares Issued	$	5,585			703			N/A			N/A
Shares Issued in Lieu of Cash Distributions		218			25			N/A			N/A
Shares Redeemed		(624	)		(75	)		N/A			N/A
Net Increase (Decrease)—Class R2 Shares	$	5,179			653			N/A			N/A
Institutional Class Shares
Shares Issued	$	1,695,807			84,544		$	2,157,333			86,715
Shares Issued in Lieu of Cash Distributions		301,779			13,697			192,509			7,988
Shares Redeemed		(1,509,015	)		(76,488	)		(1,128,154	)		(45,424	)
Net Increase (Decrease)—Institutional Class Shares	$	488,571			21,753		$	1,221,688			49,279

* Class R2 Shares commenced operations on April 30, 2008.

F. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 30, 2003 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at the current overnight Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 23, 2009. There were no borrowings by the Portfolio under this line of credit during the period end ed October 31, 2008.

200

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement of the line of credit expires on January 15, 2009. There were no borrowings by the Portfolio under this line of credit during the period ended October 31, 2008.

G. Shareholder Servicing Fees:

The Class R2 Shares pay a shareholder servicing fee in the amount of 0.25% of their annual average net assets to compensate service agents that provide shareholder servicing, record keeping, account maintenance and other services to investors in the DFA International Value Portfolio Class R2 Shares.

H. Indemnitees; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund.

I. Recently Issued Accounting Standards and Interpretation:

J. Other:

At October 31, 2008, two shareholders held approximately 87% of the outstanding shares of Class R2 shares of the Portfolio and two shareholders held approximately 48% of the outstanding shares of the Institutional Class shares of the Portfolio. One or more of the shareholders is an omnibus account, which typically holds shares for the benefit of several other underlying investors.

K. Subsequent Event Note:

On November 1, 2008, The DFA International Value Series, a master fund in a RIC/RIC master feeder structure with five RIC feeders and two direct client investors, made a "Check-the-box" election for federal income tax purposes pursuant to Treasury Regulation § 301.7701-3, to change its federal entity classification from a corporation taxable as a regulated investment company to a partnership. As a result of this election, the master fund is deemed to have distributed all of its assets and liabilities, in a taxable transaction, to its shareholders in liquidation of the master fund. Immediately thereafter, the shareholders contributed all of the distributed assets and liabilities to a newly formed partnership. The final tax year end of The DFA International Value Series was October 31, 2008. For Federal income tax purposes, pursuant to Code §336(a), the master fund recognizes gain or loss as if the master's investment securities were sold to its shareholders and, pursuant to Code §331, each of the Portfolios recognizes gain or loss as if it liquidated its investment in the master. For tax purposes, pursuant to Code § 334(a), each of the Portfolio's will take a fair market value basis in the securities deemed received by them and a new holding period for those securities commences on the deemed liquidation date.

201

The master fund had book/tax differences upon its deemed liquidation. The following summary of permanent differences occurred as of the respective effective "Check the Box" election date.

Increase (Decrease) Paid-In Capital				Unrealized Appreciation (Depreciation) Investment Securities				Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains (Losses)
$	(2,187,614,395	)		$	2,319,051,847			$	(602,214	)		$	(130,835,238	)

	Unrealized Appreciation (Depreciation) Investment Securities			Increase (Decrease) Accumulated Net Realized Gains (Losses)
DFA International Value Portfolio	$	1,598,039,236		$	(1,598,039,236	)
DFA International Value Portfolio II		49,859,737			(49,859,737	)
DFA International Value Portfolio III		155,866,882			(155,866,882	)
DFA International Value Portfolio IV		82,052,198			(82,052,198	)
LWAS/DFA International High Book To Market Portfolio		(19,800,535	)		19,800,535

For financial reporting purposes, this transaction had no impact on the net assets of the respective funds.

202

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders of DFA International Value Portfolio and
Board of Directors of Dimensional Investment Group Inc.:

In our opinion, the accompanying statement of assets and liabilities, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of DFA International Value Portfolio (one of the portfolios constituting Dimensional Investment Group Inc., hereafter referred to as the "Portfolio") at October 31, 2008, the results of its operations, the changes in its net assets and the financial highlights for each of the periods indicated, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Portfolio's management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the Stan dards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at October 31, 2008 by correspondence with the transfer agent of the investee fund, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania
December 22, 2008

203

THE DFA INVESTMENT TRUST COMPANY
PERFORMANCE CHARTS

204

THE DFA INVESTMENT TRUST COMPANY
PERFORMANCE CHARTS

205

THE DFA INVESTMENT TRUST COMPANY
PERFORMANCE CHARTS

206

THE DFA INVESTMENT TRUST COMPANY
PERFORMANCE CHARTS

207

THE DFA INVESTMENT TRUST COMPANY
PERFORMANCE CHARTS

208

THE DFA INVESTMENT TRUST COMPANY
PERFORMANCE CHART

209

THE DFA INVESTMENT TRUST COMPANY
MANAGEMENT'S DISCUSSION AND ANALYSIS

U.S. Equity Market Review 11 Months Ended October 31, 2008

U.S. equity markets experienced high levels of volatility during the 11-month fiscal year ended October 31, 2008. The behavior of equity markets has been driven in large part by the contraction of lending in credit markets. In addition to heightened volatility, the cross-sectional dispersion of stock returns in equity markets has increased relative to previous levels, and returns even within each asset class have differed greatly. Dimensional Fund Advisors believes that a security's risk characteristics determines its expected return. Among the most important factors explaining differences in the behavior of diversified equity portfolios are company size and company value/growth characteristics of the portfolio holdings. Size is measured by market capitalization, and "value" classification is a function of stock price relative to one or more fundamental characteristics. Compared to other stocks, value stocks often have lower market value rel ative to their earnings, dividends, and book value.

For the 11 months ended October 31, 2008, small company stocks slightly outperformed large companies, and mid cap companies underperformed both small and large cap companies. The performance of the Russell Microcap Index was –33.59%, the Russell 2000 Index was –29.07%, CRSP 6-10 Index was –32.90%, and MSCI USA Small Cap 1750 Index was –32.21%. Large cap value stocks, as measured by the Russell 1000 Value Index, slightly outperformed large cap growth stocks, as measured by the Russell 1000 Growth Index. The value premium was larger among small cap stocks.

Total Return for 11 Months Ended October 31, 2008

Russell 2000 Index^® (small cap companies)	–29.07	%
Russell Midcap Index^® (mid cap companies)	–37.70	%
Russell 1000 Index^® (large cap companies)	–33.99	%
Russell 3000 Value Index^®	–32.90	%
Russell 3000 Growth Index^®	–34.45	%

When the large, mid, and small cap market segments are further divided by value and growth characteristics, the distinction in performance within sectors was equally significant.

Total Return for 11 Months Ended October 31, 2008

Russell 1000 Value Index^® (large cap value companies)	–33.55	%
Russell 1000 Growth Index^® (large cap growth companies)	–34.54	%
Russell Midcap Value Index^® (mid cap value companies)	–35.42	%
Russell Midcap Growth Index^® (mid cap growth companies)	–40.01	%
Russell 2500 Value Index^® (small/mid cap value companies)	–29.10	%
Russell 2500 Growth Index^® (small/mid cap growth companies)	–37.30	%
Russell 2000 Value Index^® (small cap value companies)	–24.91	%
Russell 2000 Growth Index^® (small cap growth companies)	–33.26	%

210

Domestic Equity Series' Performance Overview

The U.S. Large Company Series

The U.S. Large Company Series seeks to approximate the returns of the S&P 500 Index^® by investing in S&P 500 Index^® stocks in approximately the same proportions as they are represented in the S&P 500 Index^®. The Series was mostly invested in equities throughout the year: average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Master Fund's assets.

For the 11 months ended October 31, 2008, total returns were –33.10% for the Series and –33.31% for the S&P 500 Index^®. The securities in the Series closely tracked the investment results of the S&P 500 Index^®.

The Enhanced U.S. Large Company Series

The Enhanced U.S. Large Company Series seeks to achieve a total return that exceeds the total return performance of the S&P 500 Index^® through an "enhanced cash" strategy. This strategy combines investment in high-grade, short-term fixed income instruments with an overlay of S&P 500 Index^® futures contracts or swaps. For the 11 months ended October 31, 2008, approximately 98% of the overlay instruments consisted of S&P 500 Index futures contracts. Swaps and ETFs completed the equity exposure for the last month of the fiscal year. The behavior of S&P 500 Index futures contracts and ETFs linked to the S&P 500 Index is determined principally by the performance of the S&P 500 Index. For the year ended October 31, 2008, total return was –33.77% for the Series and –33.31% for the S&P 500 Index. Relative to the S&P 500 Index, underperformance was mostly due to returns of the fi xed income securities in the Master Fund as well as differences in costs between the Portfolio and the Index.

The U.S. Large Cap Value Series

The U.S. Large Cap Value Series seeks to capture the returns of U.S. large company value stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to large cap value stocks, but does not attempt to track closely a specific equity index. The Series held approximately 210 stocks as of October 31, 2008, and was mostly invested in equities throughout the year: average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Series' assets.

Relative to the Russell 1000 Value Index^®, underperformance of the Series was primarily due to lower exposure to stocks with neutral value/growth characteristics as measured by book-to-market ("BtM") ratio, and weighting and composition differences of consumer discretionary and consumer staples stocks due to structural differences in eligible universe of the Series compared to the Index. Less value-oriented stocks in the middle BtM quartiles, which represented approximately 11% of the Series compared to approximately 47% of the Index, outperformed value stocks in the highest BtM quartile by more than 17 percentage points. Stocks held by the Series in the consumer discretionary sector, which represented approximately 16% of the Series compared to approximately 8% of the Index, underperformed similar stocks in the Index by about 8 percentage points. Stocks held by the Series in the consumer staples sector, which represented appr oximately 5% of the Series compared to 9% of the Index, underperformed similar stocks held by the Index by approximately 20 percentage points.

The U.S. Small Cap Value Series

The U.S. Small Cap Value Series seeks to capture the returns of U.S. small company value stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to small company value stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Series held about 2,130 stocks and was mostly invested in equities throughout the year: average cash levels for the 11 months ended October 31, 2008 were in general approximately 1% of the Series' assets.

211

Relative to the Russell 2000 Value Index^®, underperformance of the Series for the fiscal year was primarily due to its underperformance in the first five to six weeks of the third quarter following the annual reconstitution of the Russell indexes. During this period, declining financial stocks added to the Index reversed course and rallied while surging energy stocks removed from the Index slumped. The Series did not hold the same composition of financials and energy stocks as the Index and thus underperformed by more than 3 percentage points during this period. Composition differences among the largest and smallest stocks held in the Series compared to the Index and a greater exposure to stocks with the most pronounced value characteristics as measured by book-to-market ("BtM") ratio also contributed to the Series' underperformance. Micro cap stocks held by the Series, which accounted for approximately 34% of the Series compa red to 23% of the Index, underperformed similar size stocks held by the Index by approximately 6 percentage points. In addition, value stocks in the highest BtM quartile, which accounted for approximately 59% of the Series compared to approximately 39% of the Index, underperformed the Index by approximately 10 percentage points.

The U.S. Small Cap Series

The U.S. Small Cap Series seeks to capture the returns of U.S. small company stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to small company stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Series held approximately 2,480 stocks, and was mostly invested in equities throughout the year: average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Series' assets.

As a result of the Series' diversified investment approach, performance was determined principally by broad structural trends in the U.S. equity market, rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, the size premium was not strong; micro cap and mid cap stocks underperformed large and small cap stocks. Value stocks generally outperformed growth stocks. Total returns were –29.07% for the Russell 2000 Index^®, –33.59% for the Russell Microcap Index, and –30.44% for the Series. Relative to the Index, the underperformance of the Portfolio for the fiscal year was primarily due to the Portfolio's higher allocation to micro cap stocks, which underperformed small cap stocks, and the better performance of mid cap stocks in the benchmark.

The U.S. Micro Cap Series

The U.S. Micro Cap Series seeks to capture the returns of very small U.S. company stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to very small company stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Series held approximately 2,440 stocks, and was mostly invested in equities throughout the year: average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Series' assets.

As a result of the Series' diversified investment approach, performance was determined principally by broad structural trends in the U.S. equity market, rather than by the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, the size premium was not strong, micro cap and mid cap stocks underperformed large and small cap stocks and value stocks generally outperformed growth stocks.Within the broad universe of smaller capitalization stocks, mid caps outperformed micro caps. Total returns were –29.07% for the Index, –33.59% for the Russell Microcap Index, and –31.08% for the Series. Relative to the Russell 2000 Index^®, the underperformance of the Series was primarily due to weighting differences among micro cap stocks held in the Series compared to the Index. Micro cap stocks, which accounted for approximately 58% of the Series compared to approximately 20% of the Index, underperformed the Index by approximately 4 percentage points.

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International Equity Market Review 11 Months Ended October 31, 2008

Total Returns for 11 Months Ended October 31, 2008

Ten Largest Foreign Developed Markets by Market Cap (BB)	Local Currency Return			U.S. Dollar Return
Japan ($2,111)		–43.55	%		–36.33	%
United Kingdom ($1,758)		–29.61	%		–44.68	%
France ($872)		–36.80	%		–45.40	%
Canada ($786)		–25.69	%		–38.91	%
Germany ($705)		–37.97	%		–46.42	%
Switzerland ($704)		–30.05	%		–32.39	%
Australia ($513)		–35.10	%		–51.58	%
Spain ($331)		–40.19	%		–48.33	%
Italy ($301)		–43.34	%		–51.06	%
Netherlands ($206)		–41.65	%		–49.59	%

Small company stocks were the poorest-performing asset classes in international markets, while large company growth stocks had the best relative results.

Total Returns for 11 Months Ended October 31, 2008

	U.S. Dollar Return
MSCI World ex USA Small Cap Index		–50.30	%
MSCI World ex USA Value Index		–45.31	%
MSCI World ex USA Index		–44.37	%
MSCI World ex USA Growth Index		–43.47	%

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Total Returns for 11 Months Ended October 31, 2008

Country	U.S. Dollar Return
Argentina		–55.00	%
Brazil		–51.21	%
Chile		–36.59	%
China		–59.33	%
Czech Republic		–40.25	%
Hungary		–58.65	%
India		–61.19	%
Indonesia		–59.87	%
Israel		–23.01	%
Malaysia		–40.52	%
Mexico		–44.05	%
Philippines		–49.76	%
Poland		–51.90	%
South Africa		–47.38	%
South Korea		–55.75	%
Taiwan		–43.57	%
Thailand		–51.81	%
Turkey		–59.24	%

International Equity Portfolio Performance Overview

The DFA International Value Series

The DFA International Value Series seeks to capture the returns of international large company value stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to large cap value stocks, but does not attempt to track closely a specific equity index. The Series held approximately 530 stocks in 22 developed-country markets, as of October 31, 2008, and essentially was fully invested in equities throughout the year: average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Series' assets.

As a result of the Series' diversified investment approach, performance principally was determined by broad structural trends in global equity markets, rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, growth stocks generally outperformed value stocks in international markets. Total returns were –44.81% for the MSCI EAFE Index (net dividends), –44.37% for the MSCI World ex US Index (net dividends), and –47.87% for the Series. Relative to the MSCI World ex US Index (net dividends), the underperformance of the Series was primarily due to a greater allocation to value stocks in general and financial stocks in particular, both of which underperformed the Index. Value stocks, which accounted for approximately 69% of the Series compared to 28% of the Index, underperformed the Index by approximately 4 percentage points. Financials, which accounted for 44% of the Series compared to 25% o f the Index, underperformed the Index by approximately 8 percentage points. A lower allocation to health care stocks, which accounted for less than 1% of the Series compared to 6% of the Index and outperformed the Index by approximately 22 percentage points, also contributed to the underperformance.

The Japanese Small Company Series

The Japanese Small Company Series seeks to capture the returns of Japanese small company stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to small company stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Series held approximately 1,240 stocks and average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Series' assets.

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As a result of the Series' diversified investment approach, performance was determined principally by broad structural trends in the Japanese equity market, rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, Japanese small company stocks outperformed Japanese large company stocks. Total returns were –36.36% for the MSCI Japan Large Cap Index (net dividends), –33.92% for the MSCI Japan Small Cap Index (net dividends), –35.17% for the MSCI Japan Small Cap Index (price-only) and –26.87% for the Series. The Index net of foreign withholding taxes on dividends does not have ten years of performance. The Series intends to include the price-only Index for performance comparison purposes until the net-dividends Index has at least ten years of data to report.

Relative to the MSCI Japan Small Cap Index (net dividends), the better relative performance of the Series was due to a larger allocation to value stocks, which outperformed the Index by approximately 10 percentage points. Value stocks held by the Series, which accounted for approximately 21% of the Series compared to 13% of the Index, outperformed similar stocks in the Index by approximately 5 percentage points. Small cap and micro cap stocks held by the Series outperformed similar stocks in the MSCI Japan Small Cap Index (net dividends), which also contributed to the Series' better performance.

The Asia Pacific Small Company Series

The Asia Pacific Small Company Series seeks to capture the returns of small company stocks in developed Asia Pacific markets, excluding Japan. The investments strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to small company stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Series held approximately 950 stocks, and assets were allocated mainly among four countries: Australia, Hong Kong, New Zealand, and Singapore (approximately 62%, 17%, 8%, and 12%, respectively). Country allocations are determined by utilizing the approximate weights of individual securities within a universe of Asia Pacific small company stocks. The allocations do not represent a forecast of future performance and are subject to change. Average cash levels for the 11 months ended October 31, 2008 were in general approximately 1% of the Series' assets.

As a result of the Series' diversified investment approach, performance was determined principally by broad structural trends in Asia Pacific equity markets rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, Asia Pacific small company stocks underperformed Asia Pacific large company stocks. Total returns were –50.78% for the MSCI Pacific ex Japan Large Cap Index (net dividends), –62.96% for the MSCI Pacific ex Japan Small Cap Index (net dividends), –64.17% for the MSCI Pacific ex Japan Small Cap Index (price-only), and –57.75% for the Series. The Index net of foreign withholding taxes on dividends does not have ten years of performance. The Series intends to include the price-only Index for performance comparison purposes until the net-dividends Index has at least ten years of data to report.

Relative to the MSCI Pacific ex Japan Small Company Index (net dividends), the better relative performance of the Series was primarily due to composition differences among stocks with larger market capitalizations. Small cap stocks with higher market capitalizations held by the Series outperformed similar size stocks held by the Index by approximately 6 percentage points. The Series' larger allocation to energy stocks, which comprised about 10% of the Series compared to 8% of the Index and outperformed the overall Index, also contributed to its better performance.

The United Kingdom Small Company Series

The United Kingdom Small Company Series seeks to capture the returns of U.K. small company stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to small company stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Series held approximately 380 stocks and average cash levels for the 11 months ended October 31, 2008 were in general approximately 1% of the Series' assets.

As a result of the Series' diversified investment approach, performance was determined principally by broad structural trends in the U.K. equity market, rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, U.K. small company stocks underperformed U.K. large company stocks. Total returns were –43.64% for the MSCI U.K. Large Cap Index (net dividends), –53.13% for the MSCI U.K. Small Cap Index (net dividends), –54.52% for the MSCI U.K. Small Cap Index (price-only) and –50.77% for the Series. The Index net of foreign withholding

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taxes on dividends does not have ten years of performance. The Series intends to include the price-only Index for performance comparison purposes until the net-dividends Index has at least ten years of data to report.

Relative to the MSCI U.K. Small Cap Index (net dividends), the better relative performance of the Series was primarily due to the lower allocation by the Portfolio to financials, 13% vs. 17%. Financial stocks held by the Portfolio outperformed similar stocks in the Index by approximately 5 percentage points.

The Continental Small Company Series

The Continental Small Company Series seeks to capture the returns of small company stocks in developed markets of Europe, excluding the U.K., by purchasing shares of The Continental Small Company Series, a Series that invests in such stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to small company stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Series held approximately 1,150 stocks in 15 developed continental European countries and average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Master Fund's assets. Country allocations reflect the approximate weights of individual securities within a universe of continental European small company stocks. Country allocations do not represent a forecast of future performance and are subject to change.

As a result of the Series' diversified investment approach, performance was determined principally by broad structural trends in the continental European equity markets, excluding the U.K., rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, continental European small company stocks underperformed continental European large company stocks. Total returns were –47.06% for the large cap MSCI Europe ex U.K. Index (net dividends), –54.30% for the MSCI Europe ex U.K Small Cap Index (net dividends), –55.24% for the MSCI Europe ex U.K Small Cap Index (price-only), and –49.66% for the Series. The Index net of foreign withholding taxes on dividends does not have ten years of performance. The Series intends to include the price-only Index for performance comparison purposes until the net-dividends Index has at least ten years of data to report.

Relative to the MSCI Europe ex U.K. Small Cap Index (net dividends), the better performance of the Series was primarily due to composition differences for financial and industrial stocks. Financial stocks held by the Series outperformed those held by the Index by approximately 13 percentage points, while industrial stocks held by the Series outperformed similar stocks in the Index by approximately 4 percentage points.

The Canadian Small Company Series

The Canadian Small Company Series seeks to capture the returns of Canadian small company stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to small company stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Series held approximately 330 stocks, and was mostly invested in equities throughout the year: the average cash levels for the 11 months ended October 31, 2008 were in general approximately 1% of the Series' assets.

As a result of the Series' diversified investment approach, performance was determined principally by broad structural trends in the Canadian equity market, rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, Canadian small company stocks underperformed Canadian large company stocks. Total returns were –38.53% for the MSCI Canada Large Cap Index (net dividends), –53.63% for the MSCI Canada Small Cap Index (net dividends), –54.48% for the MSCI Canada Small Cap Index (price-only) and –56.44% for the Series. The Index net of foreign withholding taxes on dividends does not have ten years of performance. The Series intends to include the price-only Index for performance comparison purposes until the net-dividends Index has at least ten years of data to report.

Relative to the MSCI Canada Small Cap Index (net dividends), underperformance of the Series was primarily due to a greater allocation to materials stocks than the Index and a lower allocation to energy stocks. Materials stocks, which accounted for approximately 35% of the Series compared to 27% of the Index, underperformed the Index by approximately 15 percentage points. Energy stocks, which accounted for 24% of the Series compared to 30% of the Index, outperformed the Index by approximately 10 percentage points.

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The Emerging Markets Series

The Emerging Markets Series seeks to capture the returns of large company stocks in selected emerging markets. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to large company emerging markets stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Series held approximately 520 stocks in 17 emerging countries, and average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Series' assets.

As a result of the Series' diversified approach, performance was determined principally by broad structural trends in emerging country stock markets, rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, total returns were –52.88% for the MSCI Emerging Markets Index (gross dividends), –53.02% for the MSCI Emerging Markets Index (net dividends), and –48.15% for the Series. The Index net of foreign withholding taxes on dividends does not have ten years of performance. The Series intends to include the Index gross of foreign withholding taxes on dividends for performance comparison purposes until the net-dividends Index has at least ten years of data to report.

Relative to the MSCI Emerging Markets Index (net dividends), the better performance of the Series was primarily due to a lower allocation to China and Russia, which underperformed the overall Index, and a greater allocation to Mexico and Israel, which outperformed the Index. On average, Chinese stocks represented approximately 7% of the Series for the period under review compared to 15% in the Index. The Series does not purchase Russian stocks, which represented approximately 10% of the Index. Israeli stocks represented approximately 4% of the Series, compared to 2% of the Index; while Mexican stocks represented approximately 9% of the Series, compared to 5% of the Index.

The Emerging Markets Small Cap Series

The Emerging Markets Small Cap Series seeks to capture the returns of small company stocks in selected emerging markets. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to emerging markets small company stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Series held approximately 1,840 stocks in 16 emerging countries, and average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Series' assets.

As a result of the Series' diversified investment approach, performance was determined principally by broad structural trends in emerging country stock markets, rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, emerging markets small company stocks generally underperformed emerging markets large company stocks. Total returns were –52.88% for the MSCI Emerging Markets Index (gross dividends), –53.02% for the MSCI Emerging Markets Index (net dividends), and –56.84% for the Series. The Index net of foreign withholding taxes on dividends does not have ten years of performance. The Series intends to include the Index gross of foreign withholding taxes on dividends for performance comparison purposes until the net-dividends Index has at least ten years of data to report.

Relative to the MSCI Emerging Markets Index (net dividends), underperformance of the Series was primarily due to a greater allocation to stocks with lower market capitalizations, which underperformed the Index. On average, small cap stocks with lower market capitalizations represented approximately 64% of the Series for the period under review, compared to 3% in the Index.

Fixed Income Market Review 11 Months Ended October 31, 2008

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spiked sharply higher late in the period but fell 210 basis points during the 11 months ended October 31, 2008, while the yield on ten-year U.S. Treasury notes rose just 1 basis point. The yield curve, V-shaped to start the year, ended the year with an upward slope as yields on short-term instruments fell below those with longer maturities.

	11/30/07			10/31/08			Change
Three-Month LIBOR (yield)		5.13	%		3.03	%		–41.02	%
Ten-Year U.S. Treasury Notes (yield)		3.94	%		3.95	%		0.30	%

Source: Bloomberg. "Change" values are calculated prior to rounding.

Some of the Advisor's fixed income strategies are based on a shifting-maturity strategy that identifies the maturity range with the highest risk-adjusted expected return. When the yield curve is flat or inverted, short-term securities are believed to offer the most attractive opportunity on a risk-adjusted basis. When the yield curve is upwardly sloped, maturities are lengthened to achieve higher returns associated with longer maturities. During the period under review, weighted average maturities of most Portfolios lengthened, reflecting upwardly sloped yield curves in the U.S.

Fixed Income Portfolio Performance Overview

The DFA One-Year Fixed Income Series

The DFA One-Year Fixed Income Series seeks to maximize risk-adjusted total returns from a universe of high-quality fixed income securities with an average maturity of one year or less. The investment strategy shifts maturities based on changes in the yield curve. Using current prices, the strategy creates a matrix of expected returns from different buy and sell strategies, and identifies the maturity range for the highest risk-adjusted expected returns according to the variable maturity model. Maturities are shifted if premiums can be documented. The average maturity of the Series increased during the 11 months under review, from approximately 30 days on November 30, 2007, to 265 days on October 31, 2008.

For the 11 months ended October 31, 2008, total returns were 2.79% for the Series, 3.34% for the for the Merrill Lynch Six-Month US Treasury Bill Index, and 3.84% for the Merrill Lynch One-Year US Treasury Note Index. The Series underperformed both Indexes primarily due to structural differences with the Indexes. The Series had high exposure to corporate and agency debt, which underperformed Treasury debt during the period of significantly widening credit spreads.

The DFA Two-Year Global Fixed Income Series

The DFA Two-Year Global Fixed Income Series seeks to maximize risk-adjusted total returns from a universe of U.S. and foreign government securities, high quality corporate securities, and currency-hedged global fixed income instruments, maturing in two years or less. Eligible countries include but are not limited to the Australia, Canada, Denmark, France, Germany, Japan, the Netherlands, Sweden, Switzerland, the United Kingdom, and the United States. The investment strategy shifts maturities based on changes in the yield curve. Using current prices, the strategy creates a matrix of expected returns from different buy and sell strategies, and identifies the maturity range for the highest risk adjusted expected returns according to the variable maturity model. Maturities are shifted if premiums can be documented. The average maturity of the Series increased from 0.46 years on November 30, 2007 to 0.74 years on October 31, 2008.

For the 11 months ended October 31, 2008, total returns were 3.02% for the Series and 4.38% for the Citigroup World Government Bond Index 1-3 Years (hedged). Relative to the Index, underperformance of the Series was primarily due to structural and maturity differences with the Index. A higher exposure to corporate debt, which underperformed government debt as credit spreads widened significantly, led to the underperformance relative to the government-only benchmark. The Series had a duration of 0.73 on October 31, 2008 compared to 1.84 years for the Index, which limited returns in the falling interest rate environment.

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THE DFA INVESTMENT TRUST COMPANY

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Tables below illustrate your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended October 31, 2008

EXPENSE TABLES

The U.S. Large Company Series	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	709.20		0.04	%	$	0.17
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.94		0.04	%	$	0.20
The Enhanced U.S. Large Company Series
Actual Fund Return	$	1,000.00	$	704.50		0.08	%	$	0.34
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.73		0.08	%	$	0.41

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The U.S. Large Cap Value Series	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	648.60		0.11	%	$	0.46
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.58		0.11	%	$	0.56
The U.S. Small Cap Value Series
Actual Fund Return	$	1,000.00	$	722.90		0.21	%	$	0.91
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.08		0.21	%	$	1.07
The U.S. Small Cap Series
Actual Fund Return	$	1,000.00	$	746.70		0.04	%	$	0.18
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.94		0.04	%	$	0.20
The U.S. Micro Cap Series
Actual Fund Return	$	1,000.00	$	751.90		0.11	%	$	0.48
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.58		0.11	%	$	0.56
The DFA International Value Series
Actual Fund Return	$	1,000.00	$	555.50		0.23	%	$	0.90
Hypothtical 5% Annual Return	$	1,000.00	$	1,023.98		0.23	%	$	1.17
The Japanese Small Company Series
Actual Fund Return	$	1,000.00	$	786.90		0.13	%	$	0.58
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.48		0.13	%	$	0.66
The Asia Pacific Small Company Series
Actual Fund Return	$	1,000.00	$	455.10		0.15	%	$	0.55
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.38		0.15	%	$	0.76
The United Kingdom Small Company Series
Actual Fund Return	$	1,000.00	$	542.10		0.12	%	$	0.47
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.53		0.12	%	$	0.61
The Continental Small Company Series
Actual Fund Return	$	1,000.00	$	520.70		0.14	%	$	0.54
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.43		0.14	%	$	0.71
The Canadian Small Company Series
Actual Fund Return	$	1,000.00	$	455.40		0.17	%	$	0.62
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.28		0.17	%	$	0.87
The Emerging Markets Series
Actual Fund Return	$	1,000.00	$	531.80		0.18	%	$	0.69
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.23		0.18	%	$	0.92
The Emerging Markets Small Cap Series
Actual Fund Return	$	1,000.00	$	465.70		0.31	%	$	1.14
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.58		0.31	%	$	1.58

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The DFA One-Year Fixed Income Series	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	1,013.00		0.07	%	$	0.35
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.78		0.07	%	$	0.36
The DFA Two-Year Global Fixed Income Series
Actual Fund Return	$	1,000.00	$	1,014.20		0.07	%	$	0.35
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.78		0.07	%	$	0.36

221

THE DFA INVESTMENT TRUST COMPANY

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

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DOMESTIC AND INTERNATIONAL EQUITY PORTFOLIOS

	Consumer Discretionary			Consumer Staples			Energy			Financials			Health Care			Industrials			Information Technology
The U.S. Large Company Series		8.2	%		12.9	%		13.2	%		13.9	%		13.8	%		11.0	%		15.8	%
The U.S. Large Cap Value Series		12.6	%		5.5	%		15.1	%		30.8	%		1.8	%		17.4	%		4.6	%
The U.S. Small Cap Value Series		14.4	%		3.4	%		5.6	%		27.5	%		7.2	%		19.0	%		17.3	%
The U.S. Small Cap Series		17.0	%		4.1	%		4.4	%		18.3	%		12.5	%		18.2	%		17.1	%
The U.S. Micro Cap Series		14.7	%		5.4	%		3.9	%		20.0	%		12.4	%		17.1	%		19.1	%
The DFA International Value Series		12.2	%		5.1	%		5.5	%		41.4	%		0.5	%		10.0	%		3.6	%
The Japanese Small Company Series		20.8	%		11.5	%		1.4	%		10.7	%		4.7	%		27.6	%		10.8	%
The Asia Pacific Small Company Series		20.7	%		6.4	%		9.4	%		12.3	%		8.7	%		21.5	%		4.5	%
The United Kingdom Small Company Series		17.0	%		4.4	%		6.7	%		16.8	%		3.5	%		34.0	%		12.1	%
The Continental Small Company Series		14.3	%		8.3	%		3.4	%		18.7	%		8.8	%		25.2	%		8.1	%
The Canadian Small Company Series		13.7	%		3.3	%		22.5	%		8.4	%		7.0	%		7.8	%		8.8	%
The Emerging Markets Series		6.8	%		9.9	%		11.1	%		16.8	%		4.8	%		8.1	%		11.8	%
The Emerging Small Cap Series		18.0	%		12.5	%		1.1	%		13.7	%		4.2	%		17.5	%		9.6	%

	Materials			REITs			Telecommunication Services			Utilities			Other			Total
The U.S. Large Company Series		3.1	%		1.0	%		3.3	%		3.8	%		—			100.0	%
The U.S. Large Cap Value Series		3.4	%		—			8.7	%		0.1	%		—			100.0	%
The U.S. Small Cap Value Series		4.5	%		—			0.4	%		0.7	%		—			100.0	%
The U.S. Small Cap Series		4.4	%		—			0.7	%		3.2	%		0.1	%		100.0	%
The U.S. Micro Cap Series		4.1	%		—			1.0	%		2.3	%		—			100.0	%
The DFA International Value Series		9.3	%		—			9.0	%		3.4	%		—			100.0	%
The Japanese Small Company Series		11.3	%		—			—			1.0	%		0.2	%		100.0	%
The Asia Pacific Small Company Series		10.4	%		0.2	%		1.6	%		4.3	%		—			100.0	%
The United Kingdom Small Company Series		3.7	%		0.4	%		0.7	%		0.7	%		—			100.0	%
The Continental Small Company Series		8.8	%		—			0.9	%		3.5	%		—			100.0	%
The Canadian Small Company Series		27.5	%		—			—			1.0	%		—			100.0	%
The Emerging Markets Series		14.2	%		—			11.4	%		4.9	%		0.2	%		100.0	%
The Emerging Small Cap Series		18.5	%		—			0.7	%		4.0	%		0.2	%		100.0	%

FIXED INCOME PORTFOLIOS

	Corporate			Government			Foreign Corporate			Foreign Government			Muni Insured
The Enhanced U.S. Large Company Series		38.3	%		37.4	%		14.8	%		9.5	%		—
The DFA One-Year Fixed Income Series		18.4	%		37.4	%		41.0	%		3.2	%		—
The DFA Two-Year Global Fixed Income Series		21.8	%		29.9	%		38.0	%		8.7	%		—

	Muni G.O. Local		Muni G.O. State		Muni Revenue		Supranational			Total
The Enhanced U.S. Large Company Series		—		—		—		—			100.0	%
The DFA One-Year Fixed Income Series		—		—		—		—			100.0	%
The DFA Two-Year Global Fixed Income Series		—		—		—		1.6	%		100.0	%

223

THE U.S. LARGE COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (80.9%)
Consumer Discretionary — (6.8%)
Comcast Corp. Class A		1,109,388	$	17,483,955		0.5	%
Disney (Walt) Co.		713,351		18,475,791		0.6	%
# Home Depot, Inc.		645,698		15,232,016		0.5	%
# McDonald's Corp.		427,563		24,768,725		0.8	%
Other Securities				194,135,666		5.9	%
Total Consumer Discretionary				270,096,153		8.3	%
Consumer Staples — (10.4%)
Altria Group, Inc.		783,038		15,026,499		0.5	%
# Anheuser-Busch Companies, Inc.		273,354		16,956,149		0.5	%
# Coca-Cola Co.		755,726		33,297,288		1.0	%
# CVS Caremark Corp.		545,607		16,722,855		0.5	%
Kraft Foods, Inc.		577,134		16,817,685		0.5	%
PepsiCo, Inc.		595,156		33,929,844		1.0	%
Philip Morris International, Inc.		783,600		34,063,092		1.0	%
Procter & Gamble Co.		1,153,540		74,449,472		2.3	%
# Wal-Mart Stores, Inc.		852,470		47,576,351		1.5	%
Other Securities				125,064,458		3.8	%
Total Consumer Staples				413,903,693		12.6	%
Energy — (10.6%)
# Chevron Corp.		781,038		58,265,435		1.8	%
ConocoPhillips		577,777		30,055,960		0.9	%
Exxon Mobil Corp.		1,974,580		146,355,870		4.5	%
Occidental Petroleum Corp.		310,624		17,252,057		0.5	%
# Schlumberger, Ltd.		456,045		23,554,724		0.7	%
Other Securities				148,426,806		4.5	%
Total Energy				423,910,852		12.9	%
Financials — (11.3%)
Bank of America Corp.		1,906,573		46,081,869		1.4	%
# Citigroup, Inc.		2,070,150		28,257,547		0.9	%
JPMorgan Chase & Co.		1,400,511		57,771,079		1.8	%
The Goldman Sachs Group, Inc.		165,164		15,277,670		0.5	%
# U.S. Bancorp		662,268		19,742,209		0.6	%
# Wells Fargo & Co.		1,257,952		42,833,266		1.3	%
Other Securities				241,149,085		7.3	%
Total Financials				451,112,725		13.8	%
Health Care — (11.2%)
Abbott Laboratories		586,042		32,320,216		1.0	%
* Amgen, Inc.		402,228		24,089,435		0.7	%
# Bristol-Myers Squibb Co.		752,581		15,465,540		0.5	%
#* Gilead Sciences, Inc.		349,719		16,034,616		0.5	%
# Johnson & Johnson		1,062,370		65,165,776		2.0	%
# Medtronic, Inc.		428,938		17,299,070		0.5	%
# Merck & Co., Inc.		814,494		25,208,589		0.8	%
Pfizer, Inc.		2,562,692		45,385,275		1.4	%
# Wyeth		506,924		16,312,814		0.5	%
Other Securities				189,450,712		5.7	%
Total Health Care				446,732,043		13.6	%

224

THE U.S. LARGE COMPANY SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Industrials — (8.9%)
# 3M Co.		265,731	$	17,086,503		0.5	%
# Boeing Co.		281,415		14,709,562		0.4	%
# General Electric Co.		3,990,157		77,847,963		2.4	%
# United Parcel Service, Inc.		383,268		20,228,885		0.6	%
United Technologies Corp.		366,615		20,149,160		0.6	%
Other Securities				203,312,668		6.3	%
Total Industrials				353,334,741		10.8	%
Information Technology — (12.5%)
#* Apple, Inc.		336,779		36,234,053		1.1	%
#* Cisco Sytems, Inc.		2,245,688		39,905,876		1.2	%
#* Google, Inc.		90,851		32,182,844		1.0	%
# Hewlett-Packard Co.		931,064		35,641,130		1.1	%
# Intel Corp.		2,137,289		34,196,624		1.0	%
# International Business Machines Corp.		515,063		47,885,407		1.5	%
# Microsoft Corp.		2,985,078		66,656,792		2.0	%
* Oracle Corp.		1,489,655		27,245,790		0.8	%
QUALCOMM, Inc.		623,836		23,867,965		0.7	%
Other Securities				155,843,856		4.9	%
Total Information Technology				499,660,337		15.3	%
Materials — (2.5%)
# Monsanto Co.		209,091		18,604,917		0.6	%
Other Securities				82,742,804		2.5	%
Total Materials				101,347,721		3.1	%
Real Estate Investment Trusts — (0.9%)
Total Real Estate Investment Trusts				34,307,409		1.0	%
Telecommunication Services — (2.7%)
AT&T, Inc.		2,240,314		59,973,206		1.8	%
Verizon Communications, Inc.		1,082,609		32,121,009		1.0	%
Other Securities				14,620,434		0.5	%
Total Telecommunication Services				106,714,649		3.3	%
Utilities — (3.1%)
Total Utilities				121,394,214		3.7	%
TOTAL COMMON STOCKS				3,222,514,537		98.4	%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.9%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%,11/03/08 (Collateralized by $36,525,000 FNMA 5.00%, 06/01/23, valued at $34,569,468) to be repurchased at $34,058,668	$	34,056		34,056,000		1.0	%

225

THE U.S. LARGE COMPANY SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
SECURITIES LENDING COLLATERAL — (18.2%)
§@ DFA Short Term Investment Fund LP		665,250,501	$	665,250,501		20.3	%
@ PNC Demand Deposit Account 0.22%		10,000,000		10,000,000		0.3	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securitites 0.24%, 11/03/08 (Collateralized by $66,764,882 FNMA, rates ranging from 5.000% to 7.000%, maturities ranging from 05/01/18 to 12/01/37 & U.S. Treasury STRIP, rates ranging from 0.569%(y) to 1.359%(y), maturities ranging from 11/30/08 to 11/30/09, valued at $51,835,339) to be repurchased at $50,489,596	$	50,489		50,488,600		1.6	%
TOTAL SECURITIES LENDING COLLATERAL				725,739,101		22.2	%
TOTAL INVESTMENTS — (100.0%) (Cost $4,182,606,777)			$	3,982,309,638		121.6	%

See accompanying Notes to Financial Statements.

226

THE ENHANCED U.S. LARGE COMPANY SERIES

SCHEDULE OF INVESTMENTS

October 31, 2008

	Face Amount^		Value†
	(000)
AUSTRALIA — (1.6%)
BONDS — (1.6%)
General Electric Capital Australia 6.250%, 03/30/09		5,000	$	3,267,770
CANADA — (3.6%)
BONDS — (3.6%)
Ontario, Province of (u) 3.125%, 09/08/10		7,000		7,109,382
GERMANY — (3.6%)
BONDS — (3.6%)
Norddeutsche Landesbank Girozentrale AG (j) 0.450%, 01/19/09		700,000		7,098,040
SWEDEN — (2.6%)
BONDS — (2.6%)
Kommuninvest (t) 5.000%, 11/25/08		2,300		1,527,700
Svensk Exportkredit AB (u) 4.000%, 06/15/10		3,700		3,705,428
TOTAL — SWEDEN				5,233,128
UNITED KINGDOM — (1.3%)
BONDS — (1.3%)
BP Capital Markets P.L.C. (u) 4.875%, 03/15/10		2,500		2,491,877
UNITED STATES — (86.8%)
AGENCY OBLIGATIONS — (35.4%)
Federal Farm Credit Bank 2.750%, 05/04/10		3,600		3,572,255
Federal Home Loan Bank 2.375%, 04/30/10		1,400		1,381,730
4.875%, 05/14/10		5,800		5,937,054
4.250%, 06/11/10		6,900		7,004,128
3.500%, 07/16/10		3,800		3,814,121
3.375%, 08/13/10		9,900		9,917,572
Federal Home Loan Bank Discount Note v(y) 2.695%, 01/07/09		17,000		16,967,462
v 1.950%, 01/26/09		2,000		1,995,053
Federal Home Loan Mortgage Corporation 2.375%, 05/28/10		8,000		7,913,200
Federal National Mortgage Association 4.125%, 05/15/10		6,100		6,179,019
2.375%, 05/20/10		3,500		3,458,899
Federal National Mortgage Association Discount Note v 2.350%, 01/12/09		2,000		1,995,878
TOTAL AGENCY OBLIGATIONS				70,136,371

	Face Amount^		Value†
	(000)
BONDS — (26.8%)
Citigroup Funding, Inc. Floating Rate Note (r) 5.449%, 10/22/09		9,000	$	8,737,119
CME Group, Inc. Floating Rate Note (r) 3.300%, 08/06/10		7,000		6,994,015
Georgia Power Co. Floating Rate Note (r) 3.400%, 03/17/10		6,500		6,476,899
IBM International Group Floating Rate Note (r) 3.584%, 07/29/09		3,400		3,386,012
John Deere Capital Corp. Floating Rate Note (r) 3.530%, 02/26/10		7,000		6,565,608
JPMorgan Chase & Co. Floating Rate Note (r) 5.255%, 11/19/09		6,800		6,788,617
Paccar Financial Corp. Floating Rate Note (r) 4.966%, 09/21/09		2,500		2,495,085
Wal-Mart Stores, Inc. 6.875%, 08/10/09		7,500		7,732,380
Wells Fargo Bank & Co. 4.625%, 08/09/10		4,000		3,983,428
TOTAL BONDS				53,159,163
CERTIFICATES OF DEPOSIT INTEREST BEARING — (3.5%)
Royal Bank of Scotland P.L.C. 3.110%, 01/23/09		7,000		6,992,526
COMMERCIAL PAPER — (16.2%)
AT&T, Inc. 1.250%, 11/10/08		5,000		4,998,334
KFW 1.250%, 11/05/08		5,500		5,498,862
Novartis Finance Corp. 0.970%, 11/05/08		4,500		4,499,069
NSTAR Electric Company 1.050%, 11/10/08		5,500		5,498,396
Pitney Bowes, Inc. 1.000%, 11/13/08		5,000		4,997,052
Societe Generale North America 3.100%, 05/01/09		3,000		2,951,922
Westpac Banking Corp. 3.020%, 09/04/09		3,800		3,696,940
TOTAL COMMERCIAL PAPER				32,140,575

227

THE ENHANCED U.S. LARGE COMPANY SERIES

CONTINUED

	Shares		Value†
EXCHANGE-TRADED FUND — (2.2%)
SPDR Trust Series I		44,100	$	4,275,054
TOTAL — UNITED STATES				166,703,689

	Shares		Value†
TEMPORARY CASH INVESTMENTS — (3.2%)
BlackRock Liquidity Funds Tempcash Portfolio-Institutional Shares		5,372,454	$	5,372,454
	Face Amount
	(000)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $1,055,000 FNMA 5.00%, 06/01/23, valued at $1,010,854) to be repurchased at $995,078	$	995		995,000
TOTAL TEMPORARY CASH INVESTMENTS				6,367,454
TOTAL INVESTMENTS — (100.0%) (Cost $199,118,479)			$	198,271,340

See accompanying Notes to Financial Statements.
228

THE U.S. LARGE CAP VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (88.7%)
Consumer Discretionary — (11.6%)
CBS Corp. Class B		5,590,306	$	54,281,871		0.8	%
Comcast Corp. Class A		12,216,542		192,532,702		2.9	%
# Comcast Corp. Special Class A Non-Voting		3,110,315		47,961,057		0.7	%
* Liberty Media Corp. - Entertainment Class A		3,864,672		62,221,219		0.9	%
# Time Warner, Inc.		18,369,180		185,345,026		2.7	%
# Tyco Electronics, Ltd.		1,537,111		29,881,438		0.4	%
Other Securities				292,496,695		4.4	%
Total Consumer Discretionary				864,720,008		12.8	%
Consumer Staples — (4.9%)
Archer-Daniels-Midland Co.		1,219,060		25,271,114		0.4	%
# Coca-Cola Enterprises, Inc.		3,519,272		35,368,684		0.5	%
Kraft Foods, Inc.		5,533,321		161,240,974		2.4	%
Molson Coors Brewing Co.		755,890		28,240,050		0.4	%
Other Securities				116,481,392		1.7	%
Total Consumer Staples				366,602,214		5.4	%
Energy — (13.4%)
# Anadarko Petroleum Corp.		3,422,156		120,802,107		1.8	%
# Apache Corp.		2,051,191		168,874,555		2.5	%
# Chesapeake Energy Corp.		2,496,221		54,841,975		0.8	%
# ConocoPhillips		4,659,773		242,401,391		3.6	%
# Devon Energy Corp.		1,962,942		158,723,490		2.4	%
Marathon Oil Corp.		2,640,550		76,840,005		1.1	%
Other Securities				177,364,431		2.6	%
Total Energy				999,847,954		14.8	%
Financials — (27.3%)
Allstate Corp.		2,540,615		67,046,830		1.0	%
# Bank of America Corp.		7,236,574		174,907,994		2.6	%
# Capital One Financial Corp.		1,668,884		65,286,742		1.0	%
# Chubb Corp.		1,620,173		83,957,365		1.2	%
# Cincinnati Financial Corp.		1,305,789		33,937,456		0.5	%
CNA Financial Corp.		1,896,282		29,506,148		0.4	%
JPMorgan Chase & Co.		7,213,911		297,573,829		4.4	%
Loews Corp.		3,808,002		126,463,746		1.9	%
# M&T Bank Corp.		440,052		35,688,217		0.5	%
# Merrill Lynch & Co., Inc.		1,408,640		26,186,618		0.4	%
# MetLife, Inc.		5,000,810		166,126,908		2.5	%
# Morgan Stanley		2,999,997		52,409,948		0.8	%
# New York Community Bancorp, Inc.		2,223,800		34,824,708		0.5	%
# Prudential Financial, Inc.		1,829,600		54,888,000		0.8	%
# SunTrust Banks, Inc.		945,360		37,946,750		0.6	%
The Travelers Companies, Inc.		5,075,909		215,979,928		3.2	%
Unum Group		2,404,389		37,869,127		0.6	%
Other Securities				492,099,070		7.3	%
Total Financials				2,032,699,384		30.2	%
Health Care — (1.6%)
*# WellPoint, Inc.		1,694,537		65,866,653		1.0	%
Other Securities				52,007,419		0.8	%
Total Health Care				117,874,072		1.8	%

229

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Industrials — (15.4%)
*# Allied Waste Industries, Inc.		2,682,276	$	27,949,316		0.4	%
# Burlington Northern Santa Fe Corp.		2,178,273		193,996,993		2.9	%
# CSX Corp.		3,309,804		151,324,239		2.2	%
FedEx Corp.		432,063		28,243,958		0.4	%
# Norfolk Southern Corp.		3,154,102		189,056,874		2.8	%
# Northrop Grumman Corp.		2,590,384		121,463,106		1.8	%
# Southwest Airlines Co.		5,076,220		59,797,872		0.9	%
Union Pacific Corp.		4,066,600		271,526,882		4.0	%
Other Securities				105,722,697		1.7	%
Total Industrials				1,149,081,937		17.1	%
Information Technology — (3.7%)
*# Computer Sciences Corp.		1,361,543		41,064,137		0.6	%
*# Symantec Corp.		2,636,076		33,161,836		0.5	%
Xerox Corp.		3,605,491		28,916,038		0.4	%
Other Securities				170,627,649		2.6	%
Total Information Technology				273,769,660		4.1	%
Materials — (3.0%)
# Dow Chemical Co.		2,427,760		64,748,359		1.0	%
# International Paper Co.		1,643,445		28,300,123		0.4	%
# Weyerhaeuser Co.		1,415,829		54,112,984		0.8	%
Other Securities				78,273,714		1.1	%
Total Materials				225,435,180		3.3	%
Telecommunication Services — (7.7%)
# AT&T, Inc.		9,749,000		260,980,730		3.9	%
# Verizon Communications, Inc.		8,542,208		253,447,311		3.7	%
Other Securities				58,656,568		0.9	%
Total Telecommunication Services				573,084,609		8.5	%
Utilities — (0.1%)
Total Utilities				4,787,743		0.1	%
TOTAL COMMON STOCKS				6,607,902,761		98.1	%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (1.9%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $130,825,000 FNMA 5.50%, 05/01/37 & 6.00%, 05/01/38, valued at $146,641,902) to be repurchased at $144,481,317	$	144,470		144,470,000		2.1	%

230

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
SECURITIES LENDING COLLATERAL — (9.4%)
§@ DFA Short Term Investment Fund LP		641,002,721	$	641,002,721		9.5	%
@ PNC Demand Deposit Account 0.22%		10,000,000		10,000,000		0.2	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securitites 0.24%, 11/03/08 (Collateralized by $65,652,304 FNMA, rates ranging from 5.500% to 7.000%, maturities ranging from 07/01/33 to 09/01/38 & U.S. Treasury STRIP 0.599%(y), 02/15/09, valued at $49,188,211) to be repurchased at $48,070,107	$	48,069		48,069,158		0.7	%
TOTAL SECURITIES LENDING COLLATERAL				699,071,879		10.4	%
TOTAL INVESTMENTS — (100.0%) (Cost $9,331,596,076)			$	7,451,444,640		110.6	%

See accompanying Notes to Financial Statements.

231

THE U.S. SMALL CAP VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (83.4%)
Consumer Discretionary — (11.9%)
# American Greetings Corp. Class A		1,904,200	$	22,241,056		0.4	%
# Bob Evans Farms, Inc.		1,322,901		27,622,173		0.5	%
*# Jarden Corp.		1,406,615		25,037,747		0.5	%
# Scholastic Corp.		1,773,991		32,943,013		0.6	%
*# Zale Corp.		1,488,264		25,389,784		0.5	%
Other Securities				631,061,425		11.4	%
Total Consumer Discretionary				764,295,198		13.9	%
Consumer Staples — (3.2%)
*# Hain Celestial Group, Inc.		1,305,774		30,346,188		0.6	%
Seaboard Corp.		18,484		24,768,560		0.5	%
# Universal Corp.		754,474		29,869,626		0.6	%
Other Securities				124,021,987		2.1	%
Total Consumer Staples				209,006,361		3.8	%
Energy — (4.5%)
*# Comstock Resources, Inc.		568,074		28,074,217		0.5	%
* Encore Acquisition Co.		781,016		24,328,648		0.5	%
* Stone Energy Corp.		974,813		29,575,826		0.6	%
* Whiting Petroleum Corp.		500,221		26,006,490		0.5	%
Other Securities				184,237,941		3.2	%
Total Energy				292,223,122		5.3	%
Financials — (22.7%)
* Argo Group International Holdings, Ltd.		674,606		21,519,931		0.4	%
# Brookline Bancorp, Inc.		2,214,827		25,913,476		0.5	%
# Chemical Financial Corp.		826,061		21,700,622		0.4	%
Delphi Financial Group, Inc. Class A		1,497,269		23,581,987		0.4	%
# First Niagara Financial Group, Inc.		3,669,543		57,868,693		1.1	%
Harleysville Group, Inc.		1,092,091		34,488,234		0.6	%
Infinity Property & Casualty Corp.		614,512		24,469,868		0.5	%
MB Financial, Inc.		1,096,148		32,566,557		0.6	%
# National Penn Bancshares, Inc.		1,947,592		32,992,208		0.6	%
* Navigators Group, Inc.		570,373		28,809,540		0.5	%
# NewAlliance Bancshares, Inc.		3,421,707		47,219,557		0.9	%
# Prosperity Bancshares, Inc.		1,106,919		36,760,780		0.7	%
# Provident Financial Services, Inc.		2,524,606		37,010,724		0.7	%
Selective Insurance Group, Inc.		1,945,426		46,203,867		0.9	%
# Susquehanna Bancshares, Inc.		2,051,230		31,773,553		0.6	%
# Umpqua Holdings Corp.		1,592,927		27,111,618		0.5	%
# United Fire & Casualty Co.		1,130,390		26,191,136		0.5	%
Other Securities				904,996,792		16.1	%
Total Financials				1,461,179,143		26.5	%
Health Care — (6.6%)
Alpharma, Inc. Class A		1,472,500		46,103,975		0.9	%
*# CONMED Corp.		861,645		22,575,099		0.4	%
* Kindred Healthcare, Inc.		1,758,075		25,474,507		0.5	%
Other Securities				334,466,347		6.0	%
Total Health Care				428,619,928		7.8	%

232

THE U.S. SMALL CAP VALUE SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Industrials — (14.8%)
*# Alaska Air Group, Inc.		998,489	$	24,662,678		0.5	%
# Applied Industrial Technologies, Inc.		1,450,550		29,286,605		0.5	%
# Arkansas Best Corp.		860,090		25,106,027		0.5	%
# Briggs & Stratton Corp.		2,077,065		32,734,544		0.6	%
* Esterline Technologies Corp.		1,050,823		37,882,169		0.7	%
IKON Office Solutions, Inc.		3,449,107		59,428,114		1.1	%
# Regal-Beloit Corp.		979,413		31,889,687		0.6	%
* Republic Airways Holdings, Inc.		1,682,318		25,150,654		0.5	%
# Trinity Industries, Inc.		1,524,225		25,728,918		0.5	%
# Watts Water Technologies, Inc.		909,616		24,041,151		0.4	%
# Werner Enterprises, Inc.		2,808,495		55,102,672		1.0	%
Other Securities				583,830,089		10.4	%
Total Industrials				954,843,308		17.3	%
Information Technology — (14.6%)
* Benchmark Electronics, Inc.		2,841,081		34,064,561		0.6	%
* Coherent, Inc.		1,102,339		27,889,177		0.5	%
* MKS Instruments, Inc.		2,124,394		39,407,509		0.7	%
* MPS Group, Inc.		3,486,300		27,158,277		0.5	%
*# Skyworks Solutions, Inc.		5,636,470		40,188,031		0.7	%
* Sycamore Networks, Inc.		6,557,032		21,900,487		0.4	%
Other Securities				748,429,732		13.7	%
Total Information Technology				939,037,774		17.1	%
Materials — (4.2%)
# Westlake Chemical Corp.		1,245,569		22,706,723		0.4	%
Other Securities				246,046,065		4.5	%
Total Materials				268,752,788		4.9	%
Other — (0.0%)
Total Other				701,790		0.0	%
Telecommunication Services — (0.3%)
Total Telecommunication Services				21,365,833		0.4	%
Utilities — (0.6%)
Total Utilities				37,343,547		0.7	%
TOTAL COMMON STOCKS				5,377,368,792		97.7	%
RIGHTS/WARRANTS — (0.0%)
TOTAL RIGHTS/WARRANTS				13,361		0.0	%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (1.6%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $102,925,000 FNMA 5.00%, 08/25/18, valued at $106,194,565) to be repurchased at $104,630,195	$	104,622		104,622,000		1.9	%

233

THE U.S. SMALL CAP VALUE SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
SECURITIES LENDING COLLATERAL — (15.0%)
§@ DFA Short Term Investment Fund LP		883,621,350	$	883,621,350		16.0	%
@ PNC Demand Deposit Account 0.22%		10,000,000		10,000,000		0.2	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securitites 0.24%, 11/03/08 (Collateralized by $96,893,468 FNMA, rates ranging from 5.500% to 7.000%, maturities ranging from 07/01/33 to 10/01/38 & U.S. Treasury STRIP 1.710%(y), 11/15/09 & 4.810%(y), 08/15/18, valued at $71,913,412) to be repurchased at 70,034,901	$	70,034		70,033,515		1.3	%
TOTAL SECURITIES LENDING COLLATERAL				963,654,865		17.5	%
TOTAL INVESTMENTS — (100.0%) (Cost $7,857,832,882)			$	6,445,659,018		117.1	%

See accompanying Notes to Financial Statements.

234

THE U.S. SMALL CAP SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (79.7%)
Consumer Discretionary — (13.8%)
# American Axle & Manufacturing Holdings, Inc.		1,125,583	$	4,040,843		0.2	%
# Cooper Tire & Rubber Co.		1,248,791		9,528,275		0.5	%
Finish Line, Inc. Class A		613,086		5,867,233		0.3	%
# Furniture Brands International, Inc.		1,071,088		6,094,491		0.3	%
# Group 1 Automotive, Inc.		440,812		4,430,161		0.2	%
# La-Z-Boy, Inc.		1,020,700		5,899,646		0.3	%
# Matthews International Corp. Class A		90,967		4,059,857		0.2	%
# Media General, Inc. Class A		555,071		4,235,192		0.2	%
Modine Manufacturing Co.		740,935		5,482,919		0.3	%
*# Netflix, Inc.		195,382		4,837,658		0.2	%
* RC2 Corp.		344,107		4,370,159		0.2	%
Stage Stores, Inc.		891,446		6,873,049		0.3	%
# Superior Industries International, Inc.		431,867		6,175,698		0.3	%
Other Securities				278,947,043		13.5	%
Total Consumer Discretionary				350,842,224		17.0	%
Consumer Staples — (3.5%)
Casey's General Stores, Inc.		137,677		4,157,845		0.2	%
*# Chattem, Inc.		54,784		4,145,505		0.2	%
Other Securities				79,255,382		3.8	%
Total Consumer Staples				87,558,732		4.2	%
Energy — (3.4%)
# USEC, Inc.		1,349,307		5,572,638		0.3	%
Other Securities				80,752,714		3.9	%
Total Energy				86,325,352		4.2	%
Financials — (14.2%)
American Equity Investment Life Holding Co.		1,022,703		4,622,618		0.2	%
First Niagara Financial Group, Inc.		305,149		4,812,200		0.2	%
Horace Mann Educators Corp.		928,504		7,390,892		0.4	%
* LaBranche & Co., Inc.		719,750		4,484,042		0.2	%
* ProAssurance Corp.		91,350		5,019,682		0.3	%
* SVB Financial Group		88,886		4,573,185		0.2	%
# Westamerica Bancorporation		81,557		4,669,138		0.2	%
Other Securities				325,655,923		15.8	%
Total Financials				361,227,680		17.5	%
Health Care — (10.1%)
*# Amedisys, Inc.		77,134		4,351,129		0.2	%
* Celera Corp.		486,795		5,505,651		0.3	%
*# Haemonetics Corp.		74,847		4,420,464		0.2	%
*# NuVasive, Inc.		97,252		4,579,597		0.2	%
Owens & Minor, Inc.		119,100		5,153,457		0.3	%
# Valeant Pharmaceuticals International		250,587		4,703,518		0.2	%
Other Securities				226,442,860		10.9	%
Total Health Care				255,156,676		12.3	%
Industrials — (14.1%)
# CLAROC, Inc.		139,800		4,947,522		0.2	%
Curtiss-Wright Corp.		116,200		4,287,780		0.2	%
G & K Services, Inc. Class A		225,665		5,097,772		0.3	%
# Granite Construction, Inc.		121,200		4,323,204		0.2	%
# Heartland Express, Inc.		264,941		4,064,195		0.2	%
IKON Office Solutions, Inc.		297,560		5,126,959		0.3	%

235

THE U.S. SMALL CAP SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
*# NCI Building Systems, Inc.		234,062	$	4,355,894		0.2	%
*# PHH Corp.		1,090,949		8,793,049		0.4	%
# Rollins, Inc.		292,175		5,133,515		0.3	%
*# School Specialty, Inc.		223,928		4,702,488		0.2	%
* Teledyne Technologies, Inc.		95,800		4,365,606		0.2	%
Other Securities				303,410,210		14.7	%
Total Industrials				358,608,194		17.4	%
Information Technology — (13.4%)
* Exar Corp.		850,992		5,684,627		0.3	%
InfoSpace, Inc.		655,004		5,613,384		0.3	%
*# Microsemi Corp.		193,402		4,204,559		0.2	%
* Vignette Corp.		527,254		4,281,302		0.2	%
* Zoran Corp.		809,353		6,588,133		0.3	%
Other Securities				314,548,511		15.2	%
Total Information Technology				340,920,516		16.5	%
Materials — (3.9%)
# Gibraltar Industries, Inc.		302,619		4,009,702		0.2	%
# Silgan Holdings, Inc.		92,969		4,326,777		0.2	%
Spartech Corp.		637,365		4,053,641		0.2	%
Other Securities				85,355,238		4.1	%
Total Materials				97,745,358		4.7	%
Other — (0.0%)
Total Other				60,929		0.0	%
Telecommunication Services — (0.7%)
Total Telecommunication Services				16,937,504		0.8	%
Utilities — (2.6%)
New Jersey Resources Corp.		111,150		4,139,226		0.2	%
# WGL Holdings, Inc.		130,372		4,196,675		0.2	%
Other Securities				58,286,657		2.8	%
Total Utilities				66,622,558		3.2	%
TOTAL COMMON STOCKS				2,022,005,723		97.8	%
RIGHTS/WARRANTS — (0.0%)
TOTAL RIGHTS/WARRANTS				5,269		0.0	%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (2.1%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $82,815,000 FNMA 5.11%(r), 01/01/36, valued at $53,960,447) to be repurchased at $53,164,164	$	53,160		53,160,000		2.6	%

236

THE U.S. SMALL CAP SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
SECURITIES LENDING COLLATERAL — (18.2%)
§@ DFA Short Term Investment Fund LP		423,607,839	$	423,607,839		20.5	%
@ PNC Demand Deposit Account 0.22%		10,000,000		10,000,000		0.5	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securitites 0.24%, 11/03/08 (Collateralized by $36,131,387 FNMA, rates ranging from 6.000% to 7.000%, maturities ranging from 08/01/36 to 11/01/37 & U.S. Treasury STRIP, rates ranging from 1.423%(y) to 4.623%(y), maturities ranging from 11/15/10 to 02/15/17, valued at $28,847,755) to be repurchased at $28,107,400	$	28,107		28,106,849		1.3	%
TOTAL SECURITIES LENDING COLLATERAL				461,714,688		22.3	%
TOTAL INVESTMENTS - (100.0%) (Cost $2,867,896,535)			$	2,536,885,680		122.7	%

See accompanying Notes to Financial Statements.

237

THE U.S. MICRO CAP SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (81.5%)
Consumer Discretionary — (12.5%)
# ArvinMeritor, Inc.		3,137,462	$	18,573,775		0.5	%
# Brunswick Corp.		2,156,278		7,482,285		0.2	%
# Cox Radio, Inc.		1,269,099		6,916,590		0.2	%
# Penske Automotive Group, Inc.		1,152,883		9,442,112		0.3	%
# Ryland Group, Inc.		502,072		9,433,933		0.3	%
# Sonic Automotive, Inc.		1,282,597		6,579,723		0.2	%
*# TiVo, Inc.		939,095		6,451,583		0.2	%
Other Securities				373,665,567		10.6	%
Total Consumer Discretionary				438,545,568		12.5	%
Consumer Staples — (4.4%)
# Chiquita Brands International, Inc.		1,589,717		21,699,637		0.6	%
*# Green Mountain Coffee, Inc.		229,200		6,644,508		0.2	%
*# USANA Health Services, Inc.		174,170		6,608,010		0.2	%
Other Securities				120,435,991		3.4	%
Total Consumer Staples				155,388,146		4.4	%
Energy — (3.0%)
* Harvest Natural Resources, Inc.		964,097		8,185,184		0.2	%
*# Mariner Energy, Inc.		767,892		11,049,966		0.3	%
* Petroleum Development Corp.		491,060		10,169,853		0.3	%
Other Securities				75,241,165		2.2	%
Total Energy				104,646,168		3.0	%
Financials — (16.3%)
BancFirst Corp.		152,633		7,692,703		0.2	%
# Central Pacific Financial Corp.		1,071,063		16,708,583		0.5	%
# City Holding Co.		174,419		7,297,691		0.2	%
# Community Bank System, Inc.		282,197		7,040,815		0.2	%
Financial Federal Corp.		272,250		6,302,587		0.2	%
Infinity Property & Casualty Corp.		159,371		6,346,153		0.2	%
* Navigators Group, Inc.		150,925		7,623,222		0.2	%
# NBT Bancorp, Inc.		305,924		8,529,161		0.3	%
# PacWest Bancorp		1,007,063		25,166,504		0.7	%
The Phoenix Companies, Inc.		2,668,100		17,262,607		0.5	%
WesBanco, Inc.		244,944		6,657,578		0.2	%
Other Securities				456,676,093		12.9	%
Total Financials				573,303,697		16.3	%
Health Care — (10.2%)
* Amsurg Corp.		297,081		7,409,200		0.2	%
* CONMED Corp.		266,279		6,976,510		0.2	%
Datascope Corp.		151,010		7,576,172		0.2	%
* Gentiva Health Services, Inc.		273,736		7,431,932		0.2	%
Other Securities				329,931,811		9.4	%
Total Health Care				359,325,625		10.2	%
Industrials — (13.3%)
* Alaska Air Group, Inc.		546,500		13,498,550		0.4	%
*# Axsys Technologies, Inc.		101,363		6,692,999		0.2	%
# Healthcare Services Group, Inc.		410,100		6,791,256		0.2	%
Kelly Services, Inc. Class A		1,184,737		16,870,655		0.5	%
# Raven Industries, Inc.		349,469		11,249,407		0.3	%
SkyWest, Inc.		1,074,109		16,552,020		0.5	%
Other Securities				393,445,841		11.2	%
Total Industrials				465,100,728		13.3	%

238

THE U.S. MICRO CAP SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Information Technology — (15.5%)
* Applied Micro Circuits Corp.		2,438,511	$	12,460,791		0.4	%
Black Box Corp.		312,624		9,506,896		0.3	%
* Cabot Microelectronics Corp.		234,301		6,731,468		0.2	%
* Entegris, Inc.		5,110,889		13,748,291		0.4	%
* Insight Enterprises, Inc.		1,369,813		13,328,280		0.4	%
*# L-1 Identity Solutions, Inc.		2,755,074		22,591,607		0.7	%
MAXIMUS, Inc.		212,800		6,796,832		0.2	%
* RealNetworks, Inc.		1,853,418		7,932,629		0.2	%
* Sykes Enterprises, Inc.		403,892		6,446,116		0.2	%
* Vishay Intertechnology, Inc.		3,213,163		13,848,733		0.4	%
Other Securities				428,747,115		12.1	%
Total Information Technology				542,138,758		15.5	%
Materials — (3.7%)
# AMCOL International Corp.		271,602		6,662,397		0.2	%
Arch Chemicals, Inc.		231,263		6,560,931		0.2	%
Louisiana-Pacific Corp.		2,892,020		13,881,696		0.4	%
Other Securities				101,036,135		2.9	%
Total Materials				128,141,159		3.7	%
Other — (0.0%)
Total Other				180,680		0.0	%
Telecommunication Services — (0.8%)
* Premiere Global Services, Inc.		690,525		6,870,724		0.2	%
Other Securities				19,807,941		0.6	%
Total Telecommunication Services				26,678,665		0.8	%
Utilities — (1.8%)
# California Water Service Group		204,531		7,682,184		0.2	%
MGE Energy, Inc.		205,779		7,331,906		0.2	%
Other Securities				48,883,191		1.4	%
Total Utilities				63,897,281		1.8	%
TOTAL COMMON STOCKS				2,857,346,475		81.5	%
RIGHTS/WARRANTS — (0.0%)
TOTAL RIGHTS/WARRANTS				6,872		0.0	%
TEMPORARY CASH INVESTMENTS — (1.9%)
BlackRock Liquidity Funds Tempcash Portfolio-Institutional Shares		51,833,986		51,833,986		1.5	%
	Face Amount
	(000)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $19,025,000 FNMA 6.50%, 08/01/36, valued at $14,189,577) to be repurchased at $13,978,095	$	13,977		13,977,000		0.4	%
TOTAL TEMPORARY CASH INVESTMENTS				65,810,986		1.9	%

239

THE U.S. MICRO CAP SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
SECURITIES LENDING COLLATERAL — (16.6%)
§@ DFA Short Term Investment Fund LP		534,979,627	$	534,979,627		15.2	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securitites 0.24%, 11/03/08 (Collateralized by $67,424,373 FNMA, rates ranging from 5.000% to 7.000%, maturities ranging from 07/01/32 to 08/01/38 & U.S. Treasury STRIP 0.566%(y), 11/15/08, valued at $49,299,172) to be repurchased at $47,982,801	$	47,982		47,981,844		1.4	%
TOTAL SECURITIES LENDING COLLATERAL				582,961,471		16.6	%
TOTAL INVESTMENTS — (100.0%) (Cost $3,891,675,999)			$	3,506,125,804		100.0	%

See accompanying Notes to Financial Statements.

240

THE DFA INTERNATIONAL VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value††		Percentage of Net Assets**
AUSTRALIA — (4.7%)
COMMON STOCKS — (4.7%)
Australia & New Zealand Banking Group, Ltd.		3,302,749	$	38,716,458		0.8	%
Commonwealth Bank of Australia		2,119,091		57,926,994		1.2	%
# National Australia Bank, Ltd.		3,087,538		50,098,709		1.1	%
Other Securities				107,641,792		2.3	%
TOTAL — AUSTRALIA				254,383,953		5.4	%
AUSTRIA — (0.5%)
COMMON STOCKS — (0.5%)
Other Securities				28,305,261		0.6	%
BELGIUM — (0.5%)
COMMON STOCKS — (0.5%)
Other Securities				29,328,450		0.6	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				256		0.0	%
TOTAL — BELGIUM				29,328,706		0.6	%
CANADA — (5.9%)
COMMON STOCKS — (5.9%)
# Barrick Gold Corp.		1,226,832		28,052,344		0.6	%
# EnCana Corp.		560,598		28,478,732		0.6	%
Petro-Canada		1,205,300		30,140,000		0.6	%
Sun Life Financial, Inc.		1,262,400		29,693,056		0.6	%
Other Securities				200,692,451		4.4	%
TOTAL — CANADA				317,056,583		6.8	%
DENMARK — (0.9%)
COMMON STOCKS — (0.9%)
Other Securities				46,987,354		1.0	%
FINLAND — (1.0%)
COMMON STOCKS — (1.0%)
Other Securities				52,418,538		1.1	%
FRANCE — (8.5%)
COMMON STOCKS — (8.5%)
# AXA SA		2,818,397		53,842,817		1.2	%
# BNP Paribas SA		1,558,158		112,501,123		2.4	%
# Compagnie de Saint-Gobain		580,915		22,415,677		0.5	%
Vivendi SA		2,482,257		64,884,026		1.4	%
Other Securities				208,936,536		4.3	%
TOTAL — FRANCE				462,580,179		9.8	%
GERMANY — (8.8%)
COMMON STOCKS — (8.8%)
Allianz SE		442,712		33,313,833		0.7	%
# Daimler AG		1,684,003		57,854,323		1.2	%
# Deutsche Bank AG		774,190		28,921,349		0.6	%
# Deutsche Telekom AG		2,621,866		38,930,629		0.8	%
Deutsche Telekom AG Sponsored ADR		2,705,150		40,171,477		0.9	%
E.ON AG		1,781,013		68,160,893		1.5	%
# E.ON AG Sponsored ADR		1,091,708		41,484,904		0.9	%

241

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
Munchener Rueckversicherungs-Gesellschaft AG		388,934	$	50,491,309		1.1	%
Other Securities				114,673,630		2.4	%
TOTAL — GERMANY				474,002,347		10.1	%
GREECE — (0.3%)
COMMON STOCKS — (0.3%)
Other Securities				14,142,756		0.3	%
HONG KONG — (2.5%)
COMMON STOCKS — (2.5%)
# Cheung Kong Holdings, Ltd.		3,224,000		30,955,317		0.7	%
Hutchison Whampoa, Ltd.		5,472,000		29,569,976		0.6	%
Sun Hung Kai Properties, Ltd.		2,528,000		22,148,070		0.5	%
Other Securities				54,353,926		1.1	%
TOTAL — HONG KONG				137,027,289		2.9	%
IRELAND — (0.3%)
COMMON STOCKS — (0.3%)
Other Securities				16,882,601		0.4	%
ITALY — (1.9%)
COMMON STOCKS — (1.9%)
UniCredito Italiano SpA		10,088,794		24,697,595		0.5	%
Other Securities				78,187,153		1.7	%
TOTAL — ITALY				102,884,748		2.2	%
JAPAN — (13.3%)
COMMON STOCKS — (13.3%)
FUJIFILM Holdings Corp.		1,077,300		24,799,840		0.5	%
Hitachi, Ltd.		6,574,000		30,865,283		0.7	%
Tokio Marine Holdings, Inc.		1,457,311		44,952,061		1.0	%
Other Securities				621,977,287		13.2	%
TOTAL — JAPAN				722,594,471		15.4	%
NETHERLANDS — (3.5%)
COMMON STOCKS — (3.5%)
# ArcelorMittal		1,877,993		48,755,658		1.0	%
ING Groep NV		3,093,625		29,019,312		0.6	%
Koninklijke Philips Electronics NV		3,192,970		59,005,541		1.3	%
Other Securities				50,984,660		1.1	%
TOTAL — NETHERLANDS				187,765,171		4.0	%
NEW ZEALAND — (0.1%)
COMMON STOCKS — (0.1%)
Other Securities				7,460,246		0.2	%
NORWAY — (0.8%)
COMMON STOCKS — (0.8%)
Other Securities				42,910,368		0.9	%
PORTUGAL — (0.1%)
COMMON STOCKS — (0.1%)
Other Securities				6,541,713		0.1	%
SINGAPORE — (1.1%)
COMMON STOCKS — (1.1%)
Other Securities				57,732,771		1.2	%
SPAIN — (4.2%)
COMMON STOCKS — (4.2%)
# Banco Santander Central Hispano SA		7,025,356		75,980,397		1.6	%
# Banco Santander SA Sponsored ADR		3,044,700		32,700,078		0.7	%
Repsol YPF SA		1,204,043		22,895,968		0.5	%

242

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
Repsol YPF SA Sponsored ADR		1,285,700	$	24,582,584		0.5	%
Other Securities				68,834,633		1.5	%
TOTAL — SPAIN				224,993,660		4.8	%
SWEDEN — (2.4%)
COMMON STOCKS — (2.4%)
# Nordea Bank AB		4,247,718		34,046,034		0.7	%
Other Securities				94,071,267		2.0	%
TOTAL — SWEDEN				128,117,301		2.7	%
SWITZERLAND — (5.9%)
COMMON STOCKS — (5.9%)
* Compagnie Financiere Richemont SA Series A		1,125,900		23,669,433		0.5	%
Credit Suisse Group AG		1,755,349		65,639,295		1.4	%
# Credit Suisse Group AG Sponsored ADR		591,859		22,135,527		0.5	%
Holcim, Ltd.		435,033		24,709,544		0.5	%
Swiss Re		725,996		30,276,699		0.6	%
Zurich Financial SVCS AG		300,246		60,913,201		1.3	%
Other Securities				92,813,720		2.0	%
TOTAL — SWITZERLAND				320,157,419		6.8	%
UNITED KINGDOM — (17.2%)
COMMON STOCKS — (17.2%)
Anglo American P.L.C.		1,329,421		33,356,819		0.7	%
Aviva P.L.C.		6,571,996		39,201,982		0.8	%
# Barclays P.L.C. Sponsored ADR		2,197,790		23,670,198		0.5	%
# HSBC Holdings P.L.C. Sponsored ADR		2,176,243		128,398,337		2.7	%
Kingfisher P.L.C.		12,172,495		22,467,306		0.5	%
Royal Dutch Shell P.L.C. ADR		1,294,780		71,588,386		1.5	%
RSA Insurance Group P.L.C.		12,939,111		28,774,426		0.6	%
Vodafone Group P.L.C.		56,881,367		109,423,488		2.3	%
Vodafone Group P.L.C. Sponsored ADR		6,370,018		122,750,247		2.6	%
William Morrison Supermarkets P.L.C.		6,906,878		29,409,035		0.6	%
Other Securities				324,025,564		7.1	%
TOTAL — UNITED KINGDOM				933,065,788		19.9	%
	Face Amount		Value†
	(000)
TEMPORARY CASH INVESTMENTS — (1.6%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $92,080,000 FHLMC 4.50%, 05/01/23, valued at $87,591,100) to be repurchased at $86,299,760	$	86,293		86,293,000		1.8	%
	Shares
SECURITIES LENDING COLLATERAL — (14.0%)
§@ DFA Short Term Investment Fund LP		757,347,231		757,347,231		16.1	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securities 0.25%, 11/03/08 (Collateralized by $3,471,793 FHLMC 7.000%, 08/01/37, valued at $2,958,290) to be repurchased at $2,900,344	$	2,900		2,900,284		0.1	%
TOTAL SECURITIES LENDING COLLATERAL				760,247,515		16.2	%
TOTAL INVESTMENTS — (100.0%) (Cost $7,723,320,604)			$	5,413,879,738		115.2	%

See accompanying Notes to Financial Statements.
243

THE JAPANESE SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value††		Percentage of Net Assets**
COMMON STOCKS — (74.8%)
Consumer Discretionary — (15.7%)
# Chofu Seisakusho Co., Ltd.		124,300	$	2,715,167		0.3	%
# DOUTOR NICHIRES Holdings Co., Ltd.		175,286		2,728,294		0.3	%
Kanto Auto Works, Ltd.		237,000		2,879,846		0.3	%
# Matsuya Co., Ltd.		179,700		3,806,351		0.4	%
Nissan Shatai Co., Ltd.		510,300		3,332,970		0.3	%
# PanaHome Corp.		519,200		3,079,083		0.3	%
Sumitomo Forestry Co., Ltd.		440,766		2,892,042		0.3	%
Other Securities				197,161,791		18.4	%
Total Consumer Discretionary				218,595,544		20.6	%
Consumer Staples — (8.6%)
# Fancl Corp.		238,100		2,985,237		0.3	%
Fuji Oil Co., Ltd.		296,500		3,403,727		0.3	%
Heiwado Co., Ltd.		198,600		2,955,905		0.3	%
# Hokuto Corp.		110,300		2,921,277		0.3	%
# Life Corp.		183,900		3,363,423		0.3	%
Morinaga Milk Industry Co., Ltd.		852,000		2,755,994		0.3	%
Nippon Flour Mills Co., Ltd.		604,000		2,769,324		0.3	%
# Ryoshoku, Ltd.		149,500		2,851,547		0.3	%
# Snow Brand Milk Products Co., Ltd.		900,000		3,411,961		0.3	%
The Nisshin Oillio Group, Ltd.		585,000		2,767,054		0.3	%
# Unicharm Petcare Corp.		97,300		3,433,347		0.3	%
Other Securities				86,240,387		8.0	%
Total Consumer Staples				119,859,183		11.3	%
Energy — (1.1%)
Total Energy				14,514,185		1.4	%
Financials — (7.9%)
Kiyo Holdings, Inc.		2,135,900		3,449,129		0.3	%
Shikoku Bank, Ltd.		742,000		3,396,954		0.3	%
The Akita Bank, Ltd.		666,400		2,770,580		0.3	%
# The Bank of Ikeda, Ltd.		70,300		2,820,573		0.3	%
# The Bank of Iwate, Ltd.		63,300		3,934,220		0.4	%
# The Fukui Bank, Ltd.		841,000		2,862,494		0.3	%
The Oita Bank, Ltd.		491,900		3,053,271		0.3	%
Toho Bank, Ltd.		759,200		3,231,050		0.3	%
# Yamagata Bank, Ltd.		584,500		3,513,370		0.3	%
Other Securities				80,587,065		7.5	%
Total Financials				109,618,706		10.3	%
Health Care — (3.6%)
# Hogy Medical Co., Ltd.		54,500		3,010,223		0.3	%
Kaken Pharmaceutical Co., Ltd.		387,000		3,214,136		0.3	%
# Mochida Pharmaceutical Co., Ltd.		409,900		3,842,649		0.4	%
# Nipro Corp.		201,100		3,083,037		0.3	%
Other Securities				37,337,087		3.4	%
Total Health Care				50,487,132		4.7	%
Industrials — (20.9%)
# Aeon Delight Co., Ltd.		139,000		3,424,202		0.3	%
Chudenko Corp.		209,200		3,139,609		0.3	%
# Daiseki Co., Ltd.		147,263		3,354,018		0.3	%
# Fukuyama Transporting Co., Ltd.		912,400		3,876,253		0.4	%
Hitachi Transport System, Ltd.		313,000		4,185,718		0.4	%

244

THE JAPANESE SMALL COMPANY SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
Kyowa Exeo Corp.		345,000	$	3,382,599		0.3	%
# Miura Co., Ltd.		141,400		2,904,502		0.3	%
Moshi Moshi Hotline, Inc.		119,450		2,850,086		0.3	%
# Okumura Corp.		750,400		2,941,288		0.3	%
# Takara Standard Co., Ltd.		515,000		2,759,215		0.3	%
# Takasago Thermal Engineering Co., Ltd.		292,000		2,735,364		0.3	%
Other Securities				254,297,826		23.8	%
Total Industrials				289,850,680		27.3	%
Information Technology — (8.0%)
* IT Holdings Corp.		292,801		3,160,478		0.3	%
# Net One Systems Co., Ltd.		1,889		3,081,215		0.3	%
Other Securities				104,504,448		9.8	%
Total Information Technology				110,746,141		10.4	%
Materials — (8.3%)
# Daio Paper Corp.		424,500		3,204,902		0.3	%
Kureha Corp.		627,500		2,783,997		0.3	%
Nihon Parkerizing Co., Ltd.		230,000		2,712,223		0.3	%
# Nippon Paint Co., Ltd.		759,200		2,928,416		0.3	%
Other Securities				104,085,095		9.7	%
Total Materials				115,714,633		10.9	%
Utilities — (0.7%)
# Okinawa Electric Power Co., Ltd.		59,571		3,492,510		0.3	%
# Saibu Gas Co., Ltd.		1,296,000		3,199,312		0.3	%
Other Securities				3,316,530		0.3	%
Total Utilities				10,008,352		0.9	%
TOTAL COMMON STOCKS				1,039,394,556		97.8	%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.7%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/04/08 (Collateralized by $60,170,000 FNMA 3.50%, 03/25/33, valued at $9,423,447) to be repurchased at $9,284,970	$	9,284		9,284,000		0.8	%
	Shares
SECURITIES LENDING COLLATERAL — (24.5%)
§@ DFA Short Term Investment Fund LP		337,066,073		337,066,073		31.7	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securities 0.25%, 11/03/08 (Collateralized by $3,100,925 FNMA 5.000%, 03/01/38, valued at $2,869,291) to be repurchased at $2,813,089	$	2,813		2,813,030		0.3	%
TOTAL SECURITIES LENDING COLLATERAL				339,879,103		32.0	%
TOTAL INVESTMENTS — (100.0%) (Cost $1,830,699,372)			$	1,388,557,659		130.6	%

See accompanying Notes to Financial Statements.
245

THE ASIA PACIFIC SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value††		Percentage of Net Assets**
AUSTRALIA — (46.7%)
COMMON STOCKS — (46.6%)
ABB Grain, Ltd.		763,384	$	4,171,028		1.0	%
Adelaide Brighton, Ltd.		1,663,662		2,530,723		0.6	%
Ansell, Ltd.		707,058		5,948,225		1.4	%
# APA Group		1,864,187		3,632,942		0.8	%
#* Arrow Energy NL		2,386,137		3,979,725		0.9	%
* Austar United Communications, Ltd.		4,173,099		2,502,765		0.6	%
# Australian Infrastructure Fund		2,080,653		2,254,652		0.5	%
#* Australian Pharmaceutical Industries, Ltd.		5,455,541		2,023,375		0.5	%
* Australian Worldwide Exploration, Ltd.		2,356,893		3,937,002		0.9	%
# AWB, Ltd.		1,641,462		2,870,752		0.7	%
# Bank of Queensland, Ltd.		503,041		4,502,753		1.0	%
# Beach Petroleum, Ltd.		4,877,374		3,168,055		0.7	%
# Cabcharge Australia, Ltd.		518,843		2,386,955		0.5	%
Campbell Brothers, Ltd.		233,990		3,746,476		0.9	%
# Centennial Coal Co., Ltd.		1,532,031		3,602,679		0.8	%
# ConnectEast Group, Ltd.		6,869,141		3,329,685		0.8	%
# Corporate Express Australia, Ltd.		598,416		2,007,382		0.5	%
# David Jones, Ltd.		2,441,858		5,029,306		1.1	%
Downer EDI, Ltd.		1,176,627		3,821,175		0.9	%
DUET Group		2,275,133		3,630,540		0.8	%
# Futuris Corp., Ltd.		3,162,221		2,467,632		0.6	%
Goodman Fielder, Ltd.		1,734,935		1,925,362		0.4	%
# Great Southern, Ltd.		9,302,784		2,234,762		0.5	%
# Healthscope, Ltd.		1,045,042		3,019,036		0.7	%
# Hills Industries, Ltd.		752,110		1,941,101		0.4	%
* Iluka Resources, Ltd.		1,928,003		4,662,051		1.1	%
# JB Hi-Fi, Ltd.		446,741		2,622,426		0.6	%
# Monadelphous Group, Ltd.		367,505		1,967,933		0.5	%
New Hope Corp., Ltd.		2,882,889		6,666,028		1.5	%
* Paladin Energy, Ltd.		1,398,252		2,142,210		0.5	%
# Paperlinx, Ltd.		3,074,208		2,862,987		0.7	%
# Perpetual Trustees Australia, Ltd.		126,142		2,937,413		0.7	%
* Portman, Ltd.		382,760		5,457,083		1.2	%
Primary Health Care, Ltd.		970,723		2,971,817		0.7	%
# Ramsay Health Care, Ltd.		373,766		2,524,745		0.6	%
# Reece Australia, Ltd.		239,537		2,782,776		0.6	%
# Sigma Pharmaceuticals, Ltd.		3,396,704		2,849,702		0.7	%
#* Sino Gold Mining, Ltd.		970,623		2,235,635		0.5	%
# Spark Infrastructure Group, Ltd.		3,056,075		2,986,371		0.7	%
# Ten Network Holdings, Ltd.		2,173,092		1,976,324		0.5	%
Tower Australia Group, Ltd.		1,383,603		1,936,280		0.4	%
# United Group, Ltd.		338,003		2,144,813		0.5	%
# West Australian Newspapers Holdings, Ltd.		593,823		2,449,666		0.6	%
Other Securities				134,966,367		30.1	%
TOTAL COMMON STOCKS				269,806,715		61.2	%
PREFERRED STOCKS — (0.1%)
Other Securities				200,165		0.0	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				6,517		0.0	%
TOTAL — AUSTRALIA				270,013,397		61.2	%

246

THE ASIA PACIFIC SMALL COMPANY SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
HONG KONG — (12.6%)
COMMON STOCKS — (12.6%)
# Cafe de Coral Holdings, Ltd.		1,330,000	$	2,089,725		0.5	%
Other Securities				70,821,340		16.0	%
TOTAL COMMON STOCKS				72,911,065		16.5	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				47,393		0.0	%
TOTAL — HONG KONG				72,958,458		16.5	%
MALAYSIA — (0.0%)
COMMON STOCKS — (0.0%)
Other Securities				3,633		0.0	%
NEW ZEALAND — (5.6%)
COMMON STOCKS — (5.6%)
# Fisher & Paykel Healthcare Corp.		2,502,844		4,362,699		1.0	%
Infratil, Ltd.		1,740,707		1,953,504		0.4	%
Port of Tauranga, Ltd.		566,944		2,183,706		0.5	%
# Ryman Healthcare, Ltd.		2,353,608		2,136,229		0.5	%
# Sky City Entertainment Group, Ltd.		1,929,556		3,724,524		0.8	%
Other Securities				18,274,950		4.2	%
TOTAL — NEW ZEALAND				32,635,612		7.4	%
SINGAPORE — (8.8%)
COMMON STOCKS — (8.8%)
# Singapore Post, Ltd.		6,289,900		3,016,431		0.7	%
Other Securities				47,724,176		10.8	%
TOTAL COMMON STOCKS				50,740,607		11.5	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				10,265		0.0	%
TOTAL — SINGAPORE				50,750,872		11.5	%
	Face Amount		Value†
	(000)
TEMPORARY CASH INVESTMENTS — (1.9%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $14,515,000 FHLMC 6.04%(r), 11/01/36, valued at $11,154,905) to be repurchased at $10,988,861	$	10,988		10,988,000		2.5	%
	Shares
SECURITIES LENDING COLLATERAL — (24.4%)
§ @ DFA Short Term Investment Fund LP		139,002,499		139,002,499		31.5	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securities 0.25%, 11/03/08 (Collateralized by $2,652,260 FNMA 5.000%, 03/01/38, valued at $2,454,141) to be repurchased at $2,406,070	$	2,406		2,406,020		0.6	%
TOTAL SECURITIES LENDING COLLATERAL				141,408,519		32.1	%
TOTAL INVESTMENTS — (100.0%) (Cost $841,787,919)			$	578,758,491		131.2	%

See accompanying Notes to Financial Statements.
247

THE UNITED KINGDOM SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value††		Percentage of Net Assets**
COMMON STOCKS — (93.3%)
Consumer Discretionary — (16.8%)
Bellway P.L.C.		406,536	$	3,541,647		0.6	%
Taylor Nelson Sofres P.L.C.		1,742,993		6,878,955		1.2	%
The Berkeley Group Holdings P.L.C.		300,929		3,623,265		0.6	%
United Business Media P.L.C.		818,599		5,326,802		0.9	%
# WH Smith P.LC.		588,205		3,536,482		0.6	%
William Hill P.L.C.		1,129,837		3,473,901		0.6	%
Other Securities				69,737,880		12.3	%
Total Consumer Discretionary				96,118,932		16.8	%
Consumer Staples — (4.0%)
Total Consumer Staples				22,882,738		4.0	%
Energy — (6.1%)
* Dana Petroleum P.L.C.		326,327		5,249,797		0.9	%
#* Imperial Energy Corp. P.L.C.		289,203		3,957,481		0.7	%
* Premier Oil P.L.C.		320,409		3,841,181		0.7	%
* Soco International P.L.C.		281,540		6,486,038		1.1	%
Other Securities				15,497,580		2.7	%
Total Energy				35,032,077		6.1	%
Financials — (16.0%)
# Aberdeen Asset Management P.L.C.		2,590,854		3,912,615		0.7	%
Amlin P.L.C.		1,765,553		9,040,653		1.6	%
Brit Insurance Holdings P.L.C.		1,289,236		3,791,566		0.7	%
Catlin Group, Ltd.		977,375		5,461,715		1.0	%
Close Brothers Group P.L.C.		481,680		4,191,265		0.7	%
Hiscox, Ltd.		1,535,730		6,085,323		1.1	%
IG Group Holdings P.L.C.		1,197,446		5,594,476		1.0	%
Intermediate Capital Group P.L.C.		326,494		5,089,854		0.9	%
Jardine Lloyd Thompson Group P.L.C.		781,443		5,574,035		1.0	%
Provident Financial P.L.C.		465,600		5,935,143		1.0	%
Other Securities				36,503,089		6.3	%
Total Financials				91,179,734		16.0	%
Health Care — (3.2%)
SSL International P.L.C.		745,205		5,033,003		0.9	%
Other Securities				13,096,124		2.3	%
Total Health Care				18,129,127		3.2	%
Industrials — (31.6%)
Aggreko P.L.C.		513,764		3,595,118		0.6	%
Arriva P.L.C.		556,301		5,381,893		0.9	%
Atkins WS P.L.C.		425,663		3,656,381		0.6	%
Babcock International Group P.L.C.		853,247		5,338,849		0.9	%
Carillion P.L.C.		1,523,518		5,110,129		0.9	%
* Charter International P.L.C.		626,781		4,085,268		0.7	%
De La Rue P.L.C.		603,748		8,709,548		1.5	%
Go-Ahead Group P.L.C.		175,345		3,840,315		0.7	%
Hays P.L.C.		4,810,460		5,281,079		0.9	%
Homeserve P.L.C.		228,007		4,681,612		0.8	%
IMI P.L.C.		1,137,010		5,053,118		0.9	%
Intertek Group P.L.C.		588,823		6,973,480		1.2	%
Michael Page International P.L.C.		1,235,568		4,002,170		0.7	%
Mitie Group P.L.C.		1,208,230		3,671,360		0.6	%
National Express Group P.L.C.		454,582		4,187,578		0.7	%

248

THE UNITED KINGDOM SMALL COMPANY SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
Qinetiq P.L.C.		1,922,010	$	5,282,500		0.9	%
Spirax-Sarco Engineering P.L.C.		304,500		3,951,612		0.7	%
Tomkins P.L.C.		2,633,868		4,834,455		0.9	%
Ultra Electronics Holdings P.L.C.		267,145		4,739,088		0.8	%
VT Group P.L.C.		677,021		5,453,608		1.0	%
Other Securities				82,196,386		14.7	%
Total Industrials				180,025,547		31.6	%
Information Technology — (10.9%)
ARM Holdings P.L.C.		4,708,219		7,340,704		1.3	%
Aveva Group P.L.C.		275,408		3,510,900		0.6	%
Electrocomponents P.L.C.		1,576,293		3,615,175		0.6	%
Halma P.L.C.		1,486,473		3,930,626		0.7	%
Misys P.L.C.		1,982,492		3,549,838		0.6	%
Rotork P.L.C.		352,833		4,227,935		0.7	%
Spectris P.L.C.		499,879		4,012,371		0.7	%
Other Securities				31,853,442		5.7	%
Total Information Technology				62,040,991		10.9	%
Materials — (3.4%)
Croda International P.L.C.		484,717		4,002,048		0.7	%
Other Securities				15,693,593		2.7	%
Total Materials				19,695,641		3.4	%
Telecommunication Services — (0.6%)
Total Telecommunication Services				3,644,901		0.6	%
Utilities — (0.7%)
Northumbrian Water Group P.L.C.		701,411		3,524,870		0.6	%
Other Securities				217,845		0.1	%
Total Utilities				3,742,715		0.7	%
TOTAL COMMON STOCKS				532,492,403		93.3	%
RIGHTS/WARRANTS — (0.0%)
TOTAL RIGHTS/WARRANTS				—		0.0	%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (1.9%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $13,960,000 FHLMC 6.04%(r), 11/01/36, valued at $10,728,382) to be repurchased at $10,567,828	$	10,567		10,567,000		1.9	%
	Shares
SECURITIES LENDING COLLATERAL — (4.8%)
§ @ DFA Short Term Investment Fund LP		23,622,602		23,622,602		4.1	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securities 0.25%, 11/03/08 (Collateralized by $4,025,415 FHLMC 6.500%, 04/01/38 & 7.000%, 02/01/38, valued at $3,914,679) to be repurchased at $3,838,000	$	3,838		3,837,920		0.7	%
TOTAL SECURITIES LENDING COLLATERAL				27,460,522		4.8	%
TOTAL INVESTMENTS — (100.0%) (Cost $862,575,872)			$	570,519,925		100.0	%

See accompanying Notes to Financial Statements.
249

THE CONTINENTAL SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value††		Percentage of Net Assets**
AUSTRIA — (2.3%)
COMMON STOCKS — (2.3%)
Other Securities			$	30,741,228		2.8	%
BELGIUM — (3.4%)
COMMON STOCKS — (3.4%)
Ackermans & van Haaren NV		81,854		4,697,164		0.4	%
Bekaert SA		56,746		5,583,963		0.5	%
Other Securities				35,670,679		3.2	%
TOTAL COMMON STOCKS				45,951,806		4.1	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				7,843		0.0	%
TOTAL — BELGIUM				45,959,649		4.1	%
DENMARK — (1.8%)
COMMON STOCKS — (1.8%)
Other Securities				24,826,614		2.2	%
FINLAND — (5.5%)
COMMON STOCKS — (5.5%)
Elisa Oyj		251,636		3,785,238		0.4	%
KCI Konecranes Oyj		243,819		4,143,341		0.4	%
M-Real Oyj Series B		4,696,142		7,217,917		0.7	%
Nokian Renkaat Oyj		325,926		4,261,240		0.4	%
Other Securities				53,944,844		4.7	%
TOTAL — FINLAND				73,352,580		6.6	%
FRANCE — (11.2%)
COMMON STOCKS — (11.2%)
Arkema		199,362		4,563,061		0.4	%
# Bourbon SA		147,476		4,158,267		0.4	%
* Gemalto NV		144,058		4,036,115		0.4	%
# Neopost SA		57,823		4,841,088		0.4	%
# Nexans SA		92,377		5,269,180		0.5	%
SCOR SE		268,815		4,404,167		0.4	%
Societe BIC SA		84,787		4,478,545		0.4	%
* UbiSoft Entertainment SA		98,014		5,180,944		0.5	%
# Valeo SA		232,962		4,057,989		0.4	%
# Zodiac SA		105,911		4,141,283		0.4	%
Other Securities				105,350,371		9.3	%
TOTAL COMMON STOCKS				150,481,010		13.5	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				6,078		0.0	%
TOTAL — FRANCE				150,487,088		13.5	%
GERMANY — (12.8%)
COMMON STOCKS — (12.8%)
# Aareal Bank AG		965,964		7,669,414		0.7	%
Bilfinger Berger AG		130,384		5,898,571		0.5	%
# Douglas Holding AG		100,341		3,774,315		0.4	%
DVB Bank SE		173,470		5,700,167		0.5	%
MVV Energie AG		136,685		5,376,434		0.5	%
Norddeutsche Affinerie AG		150,696		4,825,227		0.4	%
*# QIAGEN NV		549,765		7,835,387		0.7	%
Rhoen-Klinikum AG		284,706		6,123,128		0.6	%
*# SGL Carbon AG		217,830		4,276,121		0.4	%

250

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
Stada Arzneimittel AG		173,213	$	5,284,135		0.5	%
Wincor Nixdorf AG		112,151		4,871,414		0.5	%
Other Securities				109,518,871		9.7	%
TOTAL — GERMANY				171,153,184		15.4	%
GREECE — (3.1%)
COMMON STOCKS — (3.1%)
Bank of Greece		73,229		4,716,234		0.4	%
Other Securities				37,377,271		3.4	%
TOTAL — GREECE				42,093,505		3.8	%
IRELAND — (2.7%)
COMMON STOCKS — (2.7%)
* Aryzta AG		175,745		6,265,167		0.6	%
DCC P.L.C.		308,989		4,824,869		0.4	%
* Dragon Oil P.L.C.		1,438,888		3,734,083		0.3	%
Other Securities				21,415,664		2.0	%
TOTAL — IRELAND				36,239,783		3.3	%
ITALY — (7.1%)
COMMON STOCKS — (7.1%)
Credito Bergamasco SpA		133,144		3,943,643		0.4	%
# Societe Cattolica di Assicurazoni Scrl SpA		158,551		5,803,375		0.5	%
Other Securities				85,228,395		7.6	%
TOTAL COMMON STOCKS				94,975,413		8.5	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				15,365		0.0	%
TOTAL — ITALY				94,990,778		8.5	%
NETHERLANDS — (5.3%)
COMMON STOCKS — (5.3%)
# Boskalis Westminster CVA		133,054		4,392,541		0.4	%
Imtech NV		248,834		3,801,534		0.3	%
Nutreco Holding NV		139,331		4,442,381		0.4	%
Other Securities				58,352,687		5.3	%
TOTAL — NETHERLANDS				70,989,143		6.4	%
NORWAY — (2.6%)
COMMON STOCKS — (2.6%)
Other Securities				34,313,876		3.1	%
PORTUGAL — (1.3%)
COMMON STOCKS — (1.3%)
Jeronimo Martins SGPS SA		731,945		3,735,278		0.3	%
Other Securities				13,665,456		1.3	%
TOTAL — PORTUGAL				17,400,734		1.6	%
SPAIN — (5.4%)
COMMON STOCKS — (5.4%)
Ebro Puleva SA		304,797		3,963,045		0.4	%
# SOS Cuetara SA		346,559		4,826,405		0.4	%
Other Securities				63,227,800		5.7	%
TOTAL — SPAIN				72,017,250		6.5	%
SWEDEN — (3.9%)
COMMON STOCKS — (3.9%)
# Elekta AB Series B		302,500		3,825,462		0.3	%
Other Securities				47,841,632		4.3	%
TOTAL — SWEDEN				51,667,094		4.6	%

251

THE CONTINENTAL SMALL COMPANY SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
SWITZERLAND — (11.7%)
COMMON STOCKS — (11.6%)
Bank Sarasin & Cie Series B		172,644	$	5,080,646		0.5	%
Banque Privee Edmond de Rothschild SA		157		4,058,816		0.4	%
Berner Kantonalbank		24,383		4,770,531		0.4	%
Clariant AG		756,817		4,695,179		0.4	%
# Galenica Holding AG		15,281		4,620,503		0.4	%
Kuoni Reisen Holding AG		13,201		3,867,768		0.4	%
# Luzerner Kantonalbank AG		18,055		3,824,786		0.3	%
PSP Swiss Property AG		141,111		6,105,200		0.6	%
Romande Energie Holding SA		2,758		4,765,169		0.4	%
Valiant Holding AG		57,514		9,909,695		0.9	%
Other Securities				104,289,550		9.3	%
TOTAL COMMON STOCKS				155,987,843		14.0	%
PREFERRED STOCKS — (0.1%)
Other Securities				663,447		0.1	%
TOTAL — SWITZERLAND				156,651,290		14.1	%
	Face Amount		Value†
	(000)
TEMPORARY CASH INVESTMENTS — (2.3%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $32,575,000 FNMA 5.00%, 05/01/23, valued at $30,970,983) to be repurchased at $30,514,390	$	30,512		30,512,000		2.8	%
	Shares
SECURITIES LENDING COLLATERAL — (17.6%)
§ @ DFA Short Term Investment Fund LP		235,721,235		235,721,235		21.2	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securities 0.25%, 11/03/08 (Collateralized by $323,792 FNMA 5.000%, 03/01/38, valued at $299,605) to be repurchased at $293,736	$	294		293,730		0.0	%
TOTAL SECURITIES LENDING COLLATERAL				236,014,965		21.2	%
TOTAL INVESTMENTS — (100.0%) (Cost $1,640,244,915)			$	1,339,410,761		120.5	%

See accompanying Notes to Financial Statements.
252

THE CANADIAN SMALL COMPANY SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value††		Percentage of Net Assets**
COMMON STOCKS — (77.1%)
Consumer Discretionary — (10.6%)
Astral Media, Inc. Class A		179,347	$	4,147,018		1.8	%
Cogeco Cable, Inc.		59,756		1,549,799		0.7	%
Corus Entertainment, Inc. Class B		266,300		3,115,266		1.3	%
Dorel Industries, Inc. Class B		102,100		2,244,794		1.0	%
Quebecor, Inc. Class B		154,693		2,524,526		1.1	%
Reitmans Canada, Ltd.		182,700		2,182,759		0.9	%
* RONA, Inc.		417,385		4,068,924		1.7	%
# Torstar Corp. Class B		163,800		1,569,642		0.7	%
Other Securities				9,904,801		4.2	%
Total Consumer Discretionary				31,307,529		13.4	%
Consumer Staples — (2.3%)
Jean Coutu Group PJC, Inc. Class A		451,200		2,728,987		1.2	%
Maple Leaf Foods, Inc.		254,000		1,742,786		0.7	%
Other Securities				2,362,630		1.0	%
Total Consumer Staples				6,834,403		2.9	%
Energy — (17.1%)
* Birchcliff Energy, Ltd.		326,600		1,609,561		0.7	%
* Crew Energy, Inc.		240,536		1,353,052		0.6	%
* Fairborne Energy, Ltd.		230,900		1,373,561		0.6	%
*# First Calgary Petroleums, Ltd. Class A		884,300		2,553,193		1.1	%
*# Galleon Energy, Inc. Class A		250,037		1,333,890		0.6	%
*# Nuvista Energy, Ltd.		250,321		2,228,445		1.0	%
# Pason Systems, Inc.		219,400		2,251,703		1.0	%
*# ProEx Energy, Ltd.		192,800		1,981,907		0.9	%
Savanna Energy Services Corp.		215,313		1,786,385		0.8	%
ShawCor, Ltd.		207,300		3,138,824		1.4	%
# Trican Well Service, Ltd.		288,471		2,704,490		1.2	%
*# TriStar Oil and Gas, Ltd.		366,841		3,119,655		1.3	%
*# Uranium One, Inc.		1,767,600		1,495,853		0.6	%
Other Securities				23,814,669		10.0	%
Total Energy				50,745,188		21.8	%
Financials — (6.5%)
# AGF Management, Ltd. Class B		323,111		3,557,356		1.5	%
# Canadian Western Bank		199,000		3,044,520		1.3	%
Home Capital Group, Inc.		111,700		2,586,532		1.1	%
Laurentian Bank of Canada		88,500		3,001,643		1.3	%
# Northbridge Financial Corp.		73,600		1,827,024		0.8	%
Other Securities				5,125,815		2.2	%
Total Financials				19,142,890		8.2	%
Health Care — (5.5%)
Biovail Corp.		484,920		4,168,067		1.8	%
*# MDS, Inc.		437,208		4,566,870		2.0	%
Other Securities				7,476,097		3.2	%
Total Health Care				16,211,034		7.0	%
Industrials — (6.1%)
Russel Metals, Inc.		195,900		3,518,821		1.5	%
* Stantec, Inc.		154,600		2,481,963		1.1	%
Toromont Industries, Ltd.		214,900		4,066,929		1.7	%
Transcontinental, Inc. Class A		226,928		2,296,956		1.0	%
Other Securities				5,573,885		2.4	%
Total Industrials				17,938,554		7.7	%

253

THE CANADIAN SMALL COMPANY SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
Information Technology — (6.7%)
* Celestica, Inc.		750,707	$	3,631,147		1.6	%
*# MacDonald Dettweiler & Associates, Ltd.		96,900		1,738,942		0.7	%
*# Open Text Corp.		181,300		4,596,804		2.0	%
Other Securities				10,016,633		4.3	%
Total Information Technology				19,983,526		8.6	%
Materials — (21.5%)
*# Alamos Gold, Inc.		327,500		1,350,431		0.6	%
*# Canfor Corp.		310,074		1,767,368		0.8	%
CCL Industries, Inc. Class B		93,600		2,329,710		1.0	%
# Harry Winston Diamond Corp.		219,100		2,135,921		0.9	%
* HudBay Minerals, Inc.		440,721		1,989,150		0.9	%
IAMGOLD Corp.		1,117,000		3,706,961		1.6	%
Methanex Corp.		213,400		2,423,833		1.0	%
# Nova Chemicals Corp.		262,000		3,401,892		1.5	%
* Pan Amer Silver Corp.		213,700		2,436,106		1.0	%
*# Silver Standard Resources, Inc.		223,892		1,905,859		0.8	%
* Thompson Creek Metals Company, Inc.		445,400		2,642,172		1.1	%
West Fraser Timber Co., Ltd.		116,616		3,097,053		1.3	%
Other Securities				34,515,479		14.9	%
Total Materials				63,701,935		27.4	%
Telecommunication Services — (0.0%)
Total Telecommunication Services				71,683		0.0	%
Utilities — (0.8%)
*# Canadian Hydro Developers, Inc.		492,100		1,343,242		0.6	%
Other Securities				977,641		0.4	%
Total Utilities				2,320,883		1.0	%
TOTAL COMMON STOCKS				228,257,625		98.0	%
RIGHTS/WARRANTS — (0.0%)
TOTAL RIGHTS/WARRANTS				79,661		0.0	%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (0.8%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $3,775,000 FNMA 6.50%, 11/01/36, valued at $2,533,771) to be repurchased at $2,496,196	$	2,496		2,496,000		1.1	%
	Shares
SECURITIES LENDING COLLATERAL — (22.1%)
§@ DFA Short Term Investment Fund LP		64,287,911		64,287,911		27.6	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securities 0.25%, 11/03/08 (Collateralized by $3,087,765 FHLMC 7.000%, 02/01/38 & FNMA 4.056%(r), 09/01/44, valued at $1,123,163) to be repurchased at $1,101,163	$	1,101		1,101,140		0.5	%
TOTAL SECURITIES LENDING COLLATERAL				65,389,051		28.1	%
TOTAL INVESTMENTS — (100.0%) (Cost $582,126,285)			$	296,222,337		127.2	%

See accompanying Notes to Financial Statements.
254

THE EMERGING MARKETS SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value††		Percentage of Net Assets**
ARGENTINA — (0.3%)
COMMON STOCKS — (0.3%)
Other Securities			$	5,584,351		0.3	%
BRAZIL — (16.0%)
COMMON STOCKS — (6.5%)
Perdigao SA ADR		457,126		13,370,936		0.8	%
Petroleo Brasilerio SA ADR (71654V101)		1,934,642		42,697,549		2.7	%
Petroleo Brasilerio SA ADR (71654V408)		1,223,746		32,906,530		2.0	%
Other Securities				23,939,591		1.5	%
TOTAL COMMON STOCKS				112,914,606		7.0	%
PREFERRED STOCKS — (9.5%)
Banci Itau Holding Financeira SA		1,507,125		16,278,202		1.0	%
Banco Bradesco SA		1,636,841		18,774,751		1.2	%
Companhia Vale do Rio Doce Series A		2,173,591		25,212,251		1.6	%
Gerdau SA Sponsored ADR		2,037,600		13,061,016		0.8	%
# Sadia SA ADR		1,234,266		7,479,652		0.5	%
# Votorantim Celulose e Papel SA Sponsored ADR		1,181,000		11,916,290		0.7	%
Other Securities				72,895,252		4.4	%
TOTAL PREFERRED STOCKS				165,617,414		10.2	%
TOTAL — BRAZIL				278,532,020		17.2	%
CHILE — (3.2%)
COMMON STOCKS — (3.2%)
# Empresa Nacional de Electricidad SA Sponsored ADR		262,585		9,768,162		0.6	%
Enersis SA Sponsored ADR		1,398,003		20,131,243		1.3	%
# Sociedad Quimica y Minera de Chile SA Sponsored ADR		349,195		7,996,566		0.5	%
Other Securities				17,647,476		1.0	%
TOTAL — CHILE				55,543,447		3.4	%
CHINA — (4.8%)
COMMON STOCKS — (4.8%)
# Bank of China, Ltd.		60,844,000		17,765,768		1.1	%
China Resources Enterprise, Ltd.		7,139,000		14,213,048		0.9	%
Citic Pacific, Ltd.		17,336,000		14,098,717		0.9	%
# Industrial and Commercial Bank of China (Asia), Ltd.		30,590,000		14,393,223		0.9	%
Other Securities				22,976,599		1.3	%
TOTAL — CHINA				83,447,355		5.1	%
CZECH REPUBLIC — (1.9%)
COMMON STOCKS — (1.9%)
CEZ A.S.		323,973		14,169,330		0.9	%
Telefonica 02 Czech Republic A.S.		704,007		15,044,164		0.9	%
Other Securities				4,619,080		0.3	%
TOTAL — CZECH REPUBLIC				33,832,574		2.1	%
HUNGARY — (2.3%)
COMMON STOCKS — (2.3%)
*# OTP Bank NYRT		719,020		11,908,444		0.7	%
# Richter Gedeon NYRT		115,808		16,000,427		1.0	%
Other Securities				12,648,235		0.8	%
TOTAL — HUNGARY				40,557,106		2.5	%

255

THE EMERGING MARKETS SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
INDIA — (9.4%)
COMMON STOCKS — (9.4%)
HDFC Bank, Ltd.		386,733	$	8,227,909		0.5	%
Hindustan Unilever, Ltd.		1,921,894		8,736,163		0.5	%
Infosys Technologies, Ltd.		657,429		19,010,875		1.2	%
Infosys Technologies, Ltd. Sponsored ADR		250,600		7,347,592		0.5	%
Reliance Industries, Ltd.		1,030,847		29,122,041		1.8	%
Other Securities				89,772,216		5.5	%
TOTAL COMMON STOCKS				162,216,796		10.0	%
PREFERRED STOCKS — (0.0%)
Other Securities				347,069		0.0	%
TOTAL — INDIA				162,563,865		10.0	%
INDONESIA — (2.1%)
COMMON STOCKS — (2.1%)
PT Astra International Tbk		15,468,561		12,876,057		0.8	%
PT Telekomunikasi Indonesia Tbk		15,037,640		7,523,134		0.5	%
Other Securities				16,756,269		1.0	%
TOTAL — INDONESIA				37,155,460		2.3	%
ISRAEL — (5.3%)
COMMON STOCKS — (5.3%)
Bank Hapoalim B.M.		6,655,731		15,071,355		0.9	%
Bank Leumi Le-Israel		5,633,015		14,777,977		0.9	%
Israel Chemicals, Ltd.		837,943		8,451,396		0.5	%
Teva Pharmaceutical Industries, Ltd. Sponsored ADR		869,167		37,269,881		2.3	%
Other Securities				16,808,772		1.1	%
TOTAL — ISRAEL				92,379,381		5.7	%
MALAYSIA — (4.0%)
COMMON STOCKS — (4.0%)
Other Securities				69,964,680		4.3	%
MEXICO — (8.6%)
COMMON STOCKS — (8.6%)
Alfa S.A.B. de C.V. Series A		3,812,637		7,822,313		0.5	%
# America Movil S.A.B. de C.V. Series L		19,036,559		29,485,030		1.8	%
Grupo Mexico S.A.B. de C.V. Series B		21,157,195		16,590,332		1.0	%
# Telefonos de Mexico S.A.B. de C.V.		10,416,800		9,309,749		0.6	%
# Wal-Mart de Mexico S.A.B. de C.V. Series V		4,692,980		12,582,694		0.8	%
Other Securities				73,148,266		4.5	%
TOTAL — MEXICO				148,938,384		9.2	%
PHILIPPINES — (0.7%)
COMMON STOCKS — (0.7%)
Other Securities				11,676,420		0.7	%
POLAND — (1.4%)
COMMON STOCKS — (1.4%)
Bank Pekao SA		163,030		7,414,805		0.5	%
Telekomunikacja Polska SA		1,112,400		8,405,484		0.5	%
Other Securities				8,202,531		0.5	%
TOTAL — POLAND				24,022,820		1.5	%
SINGAPORE — (0.0%)
COMMON STOCKS — (0.0%)
Other Securities				138,173		0.0	%

256

THE EMERGING MARKETS SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
SOUTH AFRICA — (7.1%)
COMMON STOCKS — (7.1%)
MTN Group, Ltd.		1,745,306	$	19,598,239		1.2	%
Sasol, Ltd. Sponsored ADR		1,363,425		39,443,885		2.4	%
Other Securities				63,499,905		3.9	%
TOTAL — SOUTH AFRICA				122,542,029		7.5	%
SOUTH KOREA — (10.2%)
COMMON STOCKS — (10.2%)
# POSCO		46,060		12,686,282		0.8	%
Samsung Electronics Co., Ltd.		97,139		40,954,158		2.5	%
Samsung Electronics Co., Ltd. ADR		52,988		10,979,734		0.7	%
SK Telecom Co., Ltd.		56,085		8,901,750		0.5	%
Other Securities				103,339,470		6.4	%
TOTAL — SOUTH KOREA				176,861,394		10.9	%
TAIWAN — (7.6%)
COMMON STOCKS — (7.6%)
Formosa Chemicals & Fiber Co., Ltd.		4,610,141		7,452,770		0.5	%
Formosa Plastics Corp.		4,721,167		7,967,558		0.5	%
Hon Hai Precision Industry Co., Ltd.		3,761,458		9,079,012		0.6	%
Nan Ya Plastic Corp.		6,878,218		9,532,403		0.6	%
Taiwan Semiconductor Manufacturing Co., Ltd.		22,275,436		32,412,010		2.0	%
Other Securities				65,276,976		3.9	%
TOTAL — TAIWAN				131,720,729		8.1	%
THAILAND — (1.1%)
COMMON STOCKS — (1.1%)
Other Securities				18,868,229		1.2	%
TURKEY — (2.3%)
COMMON STOCKS — (2.3%)
* Koc Holding A.S. Series B		3,943,304		7,357,239		0.5	%
Other Securities				33,128,805		2.0	%
TOTAL — TURKEY				40,486,044		2.5	%
			Value†
SECURITIES LENDING COLLATERAL — (11.7%)
§@ DFA Short Term Investment Fund LP		191,178,954		191,178,954		11.7	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securities 0.25%, 11/03/08 (Collateralized by $25,549,645 FHLMC, rates ranging from 5.296%(r) to 6.000%, maturities ranging from 12/01/26 to 03/01/33 & FNMA 5.520%(r), 05/01/17, valued at $12,757,896) to be repurchased at $12,508,001	$	12,508		12,507,740		0.8	%
TOTAL SECURITIES LENDING COLLATERAL				203,686,694		12.5	%
TOTAL INVESTMENTS — (100.0%) (Cost $1,345,667,600)			$	1,738,501,155		107.0	%

See accompanying Notes to Financial Statements.
257

EMERGING MARKETS SMALL CAP SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value††		Percentage of Net Assets**
ARGENTINA — (0.2%)
COMMON STOCKS — (0.2%)
Other Securities			$	1,164,071		0.2	%
BRAZIL — (8.1%)
COMMON STOCKS — (2.2%)
# Perdigao SA ADR		71,200		2,082,600		0.4	%
Other Securities				12,364,849		2.1	%
TOTAL COMMON STOCKS				14,447,449		2.5	%
PREFERRED STOCKS — (5.9%)
# Braskem SA Preferred A Sponsored ADR		301,000		2,597,630		0.5	%
Companhia Paranaense de Energia-Copel Series B		213,400		2,346,267		0.4	%
Duratex SA		245,400		2,050,192		0.4	%
Eletropaulo Metropolita SA Preferred A		248,500		2,695,477		0.5	%
Klabin SA		1,412,700		2,438,725		0.4	%
* Net Servicos de Comunicacao SA		400,902		2,548,082		0.5	%
# Sadia SA ADR		300,000		1,818,000		0.3	%
Suzano Papel e Celullose SA		390,634		2,316,938		0.4	%
Ultrapar Participacoes SA		263,040		4,856,497		0.9	%
Votorantim Celulose e Papel SA Sponsored ADR		155,700		1,571,013		0.3	%
Other Securities				12,622,333		2.1	%
TOTAL PREFERRED STOCKS				37,861,154		6.7	%
TOTAL — BRAZIL				52,308,603		9.2	%
CHILE — (1.6%)
COMMON STOCKS — (1.6%)
Vina de Concha y Toro SA		1,108,893		1,537,488		0.3	%
Other Securities				8,768,006		1.5	%
TOTAL — CHILE				10,305,494		1.8	%
CHINA — (12.1%)
COMMON STOCKS — (12.1%)
*# Brilliance China Automotive Holdings, Ltd.		56,178,000		2,350,029		0.4	%
# China Travel International Investment Hong Kong, Ltd.		31,457,000		4,461,497		0.8	%
# China Yurun Food Group, Ltd.		2,622,000		3,116,419		0.6	%
# COSCO International Holdings, Ltd.		8,765,000		1,593,992		0.3	%
Guangdong Investment, Ltd.		5,402,000		1,653,440		0.3	%
# HKC (Holdings), Ltd.		44,456,657		2,449,056		0.4	%
# Hopson Development Holdings, Ltd.		8,710,000		2,910,370		0.5	%
# Hunan Non-Ferrous Metal Corp., Ltd.		38,500,000		3,456,212		0.6	%
Minmetals Resources, Ltd.		18,446,000		1,823,354		0.3	%
*# Semiconductor Manufacturing International Corp.		250,445,000		4,633,222		0.8	%
# Shenzhen International Holdings, Ltd.		142,816,800		4,820,659		0.9	%
Shenzhen Investment, Ltd.		37,424,000		3,877,399		0.7	%
# Sinolink Worldwide Holdings, Ltd.		28,341,300		1,627,306		0.3	%
TPV Technology, Ltd.		25,626,000		5,087,794		0.9	%
Weiqiao Textile Co., Ltd.		7,951,500		1,629,863		0.3	%
# Xinao Gas Holdings, Ltd.		2,178,000		1,898,232		0.3	%
Other Securities				30,651,622		5.4	%
TOTAL COMMON STOCKS				78,040,466		13.8	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				125		0.0	%
TOTAL — CHINA				78,040,591		13.8	%

258

EMERGING MARKETS SMALL CAP SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
HUNGARY — (0.5%)
COMMON STOCKS — (0.5%)
Other Securities			$	3,422,363		0.6	%
INDIA — (9.9%)
COMMON STOCKS — (9.9%)
REI Agro, Ltd.		102,217		1,970,959		0.4	%
Sterling Biotech, Ltd.		469,728		1,728,903		0.3	%
Other Securities				60,136,546		10.6	%
TOTAL COMMON STOCKS				63,836,408		11.3	%
PREFERRED STOCKS — (0.0%)
Other Securities				31,078		0.0	%
TOTAL — INDIA				63,867,486		11.3	%
INDONESIA — (2.5%)
COMMON STOCKS — (2.5%)
PT Lippo Karawaci Tbk		35,036,250		1,936,510		0.4	%
Other Securities				14,266,111		2.5	%
TOTAL — INDONESIA				16,202,621		2.9	%
ISRAEL — (3.1%)
COMMON STOCKS — (3.1%)
Clal Insurance Enterprise Holdings, Ltd.		318,868		2,800,707		0.5	%
* Harel Insurance Investments & Finances, Ltd.		110,689		3,508,586		0.6	%
Super-Sol, Ltd. Series B		449,336		1,913,512		0.3	%
Other Securities				11,647,932		2.1	%
TOTAL — ISRAEL				19,870,737		3.5	%
MALAYSIA — (6.2%)
COMMON STOCKS — (6.2%)
Other Securities				39,825,576		7.0	%
PREFERRED STOCKS — (0.0%)
Other Securities				11,462		0.0	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				42,061		0.0	%
TOTAL — MALAYSIA				39,879,099		7.0	%
MEXICO — (6.5%)
COMMON STOCKS — (6.5%)
* Corporacion GEO S.A.B. de C.V. Series B		1,330,000		1,842,930		0.3	%
Embotelladora Arca S.A.B. de C.V., Mexico		1,909,100		4,026,654		0.7	%
*# Empresas ICA S.A.B. de C.V.		1,463,608		2,104,274		0.4	%
* Empresas ICA S.A.B. de C.V. Sponsored ADR		681,589		3,946,400		0.7	%
Grupo Aeroportuario del Sureste S.A.B. de C.V. ADR		62,500		2,015,000		0.4	%
Grupo Cementos de Chihuahua S.A.B. de C.V.		829,200		2,190,364		0.4	%
Grupo Continental S.A.B. de C.V.		3,339,259		5,190,222		0.9	%
*# Industrias CH S.A.B. de C.V. Series B		3,429,248		6,982,421		1.2	%
# TV Azteca S.A.B. de C.V. Series A		6,581,300		3,145,521		0.6	%
Other Securities				10,422,594		1.8	%
TOTAL — MEXICO				41,866,380		7.4	%
PHILIPPINES — (1.3%)
COMMON STOCKS — (1.3%)
Other Securities				8,481,196		1.5	%

259

EMERGING MARKETS SMALL CAP SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
POLAND — (3.0%)
COMMON STOCKS — (3.0%)
Orbis SA		137,403	$	1,878,478		0.3	%
Other Securities				17,203,332		3.1	%
TOTAL — POLAND				19,081,810		3.4	%
SOUTH AFRICA — (4.6%)
COMMON STOCKS — (4.6%)
Dimension Data Holdings P.L.C.		3,458,471		1,839,958		0.3	%
Grindrod, Ltd.		1,607,864		2,306,240		0.4	%
JD Group, Ltd.		1,161,251		3,341,238		0.6	%
Tongaat-Hulett, Ltd.		658,375		3,656,941		0.7	%
Wilson Bayly Holme-Ovcon, Ltd.		166,336		1,946,463		0.4	%
Other Securities				16,614,219		2.9	%
TOTAL — SOUTH AFRICA				29,705,059		5.3	%
SOUTH KOREA — (8.9%)
COMMON STOCKS — (8.9%)
Other Securities				57,307,326		10.1	%
TAIWAN — (11.0%)
COMMON STOCKS — (11.0%)
Other Securities				70,758,628		12.5	%
THAILAND — (2.2%)
COMMON STOCKS — (2.2%)
Other Securities				13,825,645		2.4	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				12,273		0.0	%
TOTAL — THAILAND				13,837,918		2.4	%
TURKEY — (2.0%)
COMMON STOCKS — (2.0%)
Eczacibasi Ilac Sanayi ve Ticaret A.S.		2,612,880		2,048,255		0.4	%
Other Securities				11,123,078		1.9	%
TOTAL — TURKEY				13,171,333		2.3	%
			Value†
SECURITIES LENDING COLLATERAL — (16.3%)
§@ DFA Short Term Investment Fund LP		100,787,757		100,787,757		17.8	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securities 0.25%, 11/03/08 (Collateralized by $5,778,377 FHLMC 7.000%, 10/01/38 & FNMA 4.056%(r), 09/01/44, valued at $4,431,941) to be repurchased at $4,345,131	$	4,345		4,345,040		0.8	%
TOTAL SECURITIES LENDING COLLATERAL				105,132,797		18.6	%
TOTAL INVESTMENTS — (100.0%) (Cost $886,201,062)			$	644,403,512		113.8	%

See accompanying Notes to Financial Statements.
260

THE DFA ONE-YEAR FIXED INCOME SERIES

SCHEDULE OF INVESTMENTS

October 31, 2008

	Face Amount		Value†
	(000)
AGENCY OBLIGATIONS — (36.3%)
Federal Farm Credit Bank 2.750%, 05/04/10	$	118,300	$	117,388,262
Federal Home Loan Bank 2.375%, 04/30/10		12,000		11,843,400
4.875%, 05/14/10		108,200		110,756,766
4.250%, 06/11/10		134,100		136,123,703
2.750%, 06/18/10		76,200		75,573,255
Federal Home Loan Mortgage Corporation 2.875%, 04/30/10		136,000		135,323,264
2.375%, 05/28/10		106,300		105,146,645
2.875%, 06/28/10		75,000		74,761,125
Federal National Mortgage Association 2.500%, 04/09/10		70,000		69,354,320
4.125%, 05/15/10		102,500		103,827,785
2.375%, 05/20/10		124,500		123,037,997
7.125%, 06/15/10		98,500		104,633,989
TOTAL AGENCY OBLIGATIONS				1,167,770,511
BONDS — (21.2%)
American Express Centurion Floating Rate Note (r) 5.561%, 06/12/09		91,700		89,395,304
Bank of New York Mellon Corp. Floating Rate Note (r) 3.495%, 02/05/10		89,000		87,255,511
Citigroup Funding, Inc. Floating Rate Note (r) 5.449%, 10/22/09		80,400		78,051,596
CME Group, Inc. Floating Rate Note (r) 3.300%, 08/06/10		100,000		99,914,500
Deutsche Bank AG Floating Rate Note (r) 2.909%, 06/18/10		100,000		99,922,100
General Electric Capital Corp. Floating Rate Note (r) 5.390%, 01/05/09		10,385		10,353,450
(r) 2.776%, 05/10/10		10,200		9,884,137
JPMorgan Chase & Co. Floating Rate Note (r) 5.255%, 11/19/09		92,000		91,845,992
Manitoba, Province of 4.450%, 04/12/10		5,450		5,618,198
Wachovia Corp. Floating Rate Note (r) 5.465%, 11/24/09		93,000		90,350,337
Wal-Mart Stores, Inc. 4.125%, 07/01/10		19,343		19,418,515
TOTAL BONDS				682,009,640

	Face Amount		Value†
	(000)
CERTIFICATES OF DEPOSIT INTEREST BEARING — (10.9%)
Abbey National North America 3.060%, 06/04/09	$	55,000	$	54,784,389
ABN-AMRO Bank NV 3.070%, 01/28/09		43,000		42,946,259
3.035%, 02/13/09		60,000		59,898,000
Barclays Bank P.L.C. 3.430%, 07/10/09		80,000		79,830,872
3.430%, 08/07/09		22,000		21,950,108
Royal Bank of Scotland P.L.C. 3.110%, 01/23/09		45,000		44,951,953
UBS AG 3.390%, 07/13/09		45,000		44,891,591
TOTAL CERTIFICATES OF DEPOSIT INTEREST BEARING				349,253,172
COMMERCIAL PAPER — (28.8%)
ANZ National (International), Ltd. 3.070%, 09/04/09		30,000		29,186,367
Australia & New Zealand Bank 3.111%, 07/31/09		10,000		9,759,608
Bank of Nova Scotia 2.680%, 11/12/08		14,650		14,642,265
Bank of Scotland P.L.C. 2.950%, 12/04/08		100,000		99,754,440
3.055%, 01/15/09		6,000		5,959,859
Danske Corp. 2.695%, 11/13/08		78,000		77,954,846
Dexia Delaware LLC 2.815%, 11/10/08		80,000		79,964,976
2.815%, 11/12/08		23,000		22,987,626
KFW 1.270%, 11/04/08		45,000		44,992,548
1.250%, 11/05/08		50,000		49,989,655
Nordea North America, Inc. 3.000%, 05/11/09		43,000		42,273,012
2.900%, 05/22/09		15,000		14,731,870
3.000%, 06/01/09		45,000		44,155,989
Royal Bank of Canada 2.660%, 11/13/08		102,000		101,940,952
Royal Bank of Scotland P.L.C. 3.040%, 01/05/09		24,000		23,864,393
3.000%, 02/04/09		34,000		33,700,256
Societe Generale North America 3.100%, 05/01/09		19,000		18,695,504
3.145%, 05/01/09		44,000		43,294,851
Svenska Handelsbanken 2.700%, 11/13/08		51,025		50,995,462
UBS Finance Delaware LLC 3.225%, 05/22/09		17,000		16,696,120
Westpac Banking Corp. 3.020%, 09/04/09		103,000		100,206,527
TOTAL COMMERCIAL PAPER				925,747,126

261

THE DFA ONE-YEAR FIXED INCOME SERIES

CONTINUED

	Face Amount		Value†
	(000)
TEMPORARY CASH INVESTMENTS — (2.8%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $96,885,000 FHLMC 4.50%, 05/01/23, valued at $92,161,856) to be repurchased at $90,806,113	$	90,799	$	90,799,000
TOTAL INVESTMENTS — (100.0%) (Cost $3,227,053,074)			$	3,215,579,449

See accompanying Notes to Financial Statements.
262

THE DFA TWO-YEAR GLOBAL FIXED INCOME SERIES

SCHEDULE OF INVESTMENTS

October 31, 2008

	Face Amount^		Value†
	(000)
AUSTRIA — (1.5%)
BONDS — (1.5%)
PFandBriefstelle der Oesterriechischen Landes-Hypothekenbanken (f) 3.000%, 01/19/09		54,575	$	47,084,149
CANADA — (3.1%)
BONDS — (3.1%)
Ontario, Province of (u) 3.125%, 09/08/10		100,000		101,562,600
GERMANY — (6.1%)
BONDS — (6.1%)
DSL Bank AG (j) 1.750%, 10/07/09		5,760,000		58,984,365
Landesbank Baden-Wurttemberg (f) 3.000%, 12/22/08		5,000		4,312,223
L-Bank Landeskreditbank Baden-Wuerttemberg Foerderbank (u) 4.250%, 09/15/10		25,000		25,710,450
Norddeutsche Landesbank Girozentrale AG (j) 0.450%, 01/19/09		10,718,000		108,681,129
TOTAL — GERMANY				197,688,167
NETHERLANDS — (0.5%)
BONDS — (0.5%)
Bank Nederlandse Gemeenten (f) 2.000%, 12/30/08		4,000		3,445,563
Rabobank Nederland (f) 3.500%, 12/29/08		15,500		13,380,709
TOTAL — NETHERLANDS				16,826,272
SPAIN — (1.8%)
BONDS — (1.8%)
Instituto de Credito Oficial (j) 0.800%, 09/28/09		5,638,000		57,237,290
SUPRANATIONAL ORGANIZATION OBLIGATIONS — (1.6%)
BONDS — (1.6%)
Inter-American Development Bank (j) 1.900%, 07/08/09		5,000,000		51,102,122
SWEDEN — (0.2%)
BONDS — (0.2%)
Kommuninvest (t) 5.000%, 11/25/08		9,900		6,575,752
UNITED STATES — (82.8%)
AGENCY OBLIGATIONS — (29.2%)
Federal Farm Credit Bank 2.750%, 05/04/10		20,100		19,945,089

	Face Amount^		Value†
	(000)
Federal Home Loan Bank 4.875%, 05/14/10		89,200	$	91,307,796
4.250%, 06/11/10		125,100		126,987,884
2.750%, 06/18/10		103,400		102,549,535
3.500%, 07/16/10		20,000		20,074,320
3.375%, 08/13/10		102,300		102,481,582
Federal Home Loan Mortgage Corporation 2.875%, 04/30/10		23,000		22,885,552
2.375%, 05/28/10		50,000		49,457,500
2.875%, 06/28/10		115,000		114,633,725
Federal National Mortgage Association 4.125%, 05/15/10		105,400		106,765,352
2.375%, 05/20/10		80,000		79,060,560
7.125%, 06/15/10		100,000		106,227,400
TOTAL AGENCY OBLIGATIONS				942,376,295
BONDS — (21.1%)
American Express Centurion Floating Rate Note (r) 5.561%, 06/12/09		84,000		81,888,828
Bank of America Corp. 4.500%, 08/01/10		5,092		4,954,185
Bank of New York Mellon Corp. Floating Rate Note (r) 3.495%, 02/05/10		97,400		95,490,863
CME Group, Inc. Floating Rate Note (r) 3.300%, 08/06/10		25,000		24,978,625
Deutche Bank AG Floating Rate Note (r) 3.565%, 02/16/10		90,000		90,013,410
General Electric Capital Corp. (j) 0.750%, 02/05/09		4,497,000		45,430,154
(f) 2.250%, 02/09/09		21,000		17,801,742
Georgia Power Co. Floating Rate Note (r) 3.400%, 03/17/10		67,500		67,260,105
JPMorgan Chase & Co. Floating Rate Note (r) 5.255%, 11/19/09		90,000		89,849,340
Wachovia Corp. Floating Rate Note (r) 5.500%, 02/23/09		45,000		44,507,250
(r) 5.465%, 11/24/09		50,000		48,575,450
Wells Fargo Bank & Co. 4.625%, 08/09/10		6,500		6,473,070
Wells Fargo Bank & Co. Floating Rate Note (r) 5.380%, 09/23/09		65,000		63,703,705
TOTAL BONDS				680,926,727

263

THE DFA TWO-YEAR GLOBAL FIXED INCOME SERIES

CONTINUED

	Face Amount		Value†
	(000)
CERTIFICATES OF DEPOSIT INTEREST BEARING — (14.5%)
ABN-AMRO Bank NV 3.070%, 01/28/09	$	77,000	$	76,903,765
Barclays Bank P.L.C. 3.430%, 07/10/09		60,000		59,873,154
3.430%, 08/07/09		40,000		39,909,288
BNP Paribas Finance, Inc. 3.040%, 01/20/09		23,000		22,972,200
3.190%, 08/14/09		76,000		75,684,798
Royal Bank of Scotland P.L.C. 3.110%, 01/23/09		94,000		93,899,636
UBS AG 3.390%, 07/13/09		100,000		99,759,090
TOTAL CERTIFICATES OF DEPOSIT INTEREST BEARING				469,001,931
COMMERCIAL PAPER — (18.0%)
Abbey National North America 2.970%, 01/12/09		33,000		32,789,681
2.970%, 02/09/09		20,000		19,813,768
2.990%, 02/20/09		14,000		13,854,133
Australia & New Zealand Bank 3.111%, 07/31/09		60,000		58,557,648
Bank of Scotland P.L.C. 2.950%, 12/04/08		20,000		19,950,888
3.045%, 01/12/09		17,000		16,891,654
CME Group, Inc. 2.285%, 11/03/08		73,000		72,990,933
Danske Corp. 3.980%, 11/03/08		55,000		54,993,169
KFW 1.270%, 11/04/08		20,000		19,996,688
1.250%, 11/05/08		64,000		63,986,758

	Face Amount		Value†
	(000)
National Australia Funding 4.500%, 12/04/08	$	5,000	$	4,987,722
3.000%, 01/02/09		10,000		9,946,520
Nordea North America, Inc. 4.090%, 11/03/08		25,000		24,996,895
2.855%, 01/28/09		24,000		23,805,326
3.030%, 05/05/09		25,000		24,590,543
3.000%, 05/11/09		4,000		3,932,373
Paccar Financial Corp. 1.800%, 11/03/08		22,148		22,145,249
Societe Generale North America 3.005%, 02/12/09		35,000		34,663,605
3.100%, 05/01/09		34,000		33,455,113
3.100%, 05/08/09		12,000		11,800,290
3.030%, 05/18/09		13,000		12,772,200
TOTAL COMMERCIAL PAPER				580,921,156
TOTAL — UNITED STATES				2,673,226,109
TEMPORARY CASH INVESTMENTS — (2.4%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $101,715,000 FHLMC, rates ranging from 4.50% to 6.584%(r), maturities ranging from 05/01/23 to 03/01/37 & FNMA 5.50%, 02/25/36, valued at $80,250,299) to be repurchased at $79,065,193		79,059		79,059,000
TOTAL INVESTMENTS — (100.0%) (Cost $3,183,845,566)			$	3,230,361,461

See accompanying Notes to Financial Statements.
264

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2008

(Amounts in thousands, except share and per share amounts)

	The U.S. Large Company Series		The Enhanced U.S. Large Company Series		The U.S. Large Cap Value Series			The U.S. Small Cap Value Series
ASSETS:
Investments at Value (including $712,279, $0, $690,374, and $903,683 of securities on loan, respectively)	$	3,222,515	$	191,904	$	6,607,903		$	5,377,382
Temporary Cash Investments at Value & Cost		34,056		6,367		144,470			104,622
Collateral Received from Securities on Loan at Value & Cost		725,739		—		699,072			963,655
Foreign Currencies at Value		—		2		—			—
Cash		4,084		—		—			—
Receivables:
Investment Securities Sold		2,153		—		10,617			2,974
Dividends and Interest		4,961		1,440		12,718			4,173
Securities Lending Income		367		—		1,430			2,269
Fund Shares Sold		5,691		65		4,995			13,961
Fund Margin Variation		200		1,175		29			26
Prepaid Expenses and Other Assets		20		17		7			7
Total Assets		3,999,786		200,970		7,481,241			6,469,069
LIABILITIES:
Payables:
Upon Return of Securities Loaned		725,739		—		699,072			963,655
Investment Securities Purchased		—		—		41,685			—
Fund Shares Redeemed		70		—		136			—
Due to Advisor		69		9		570			931
Forward Currency Contracts		—		16		—			—
Unrealized Loss on Forward Currency Contracts		—		429		—			—
Accrued Expenses and Other Liabilities		256		17		415			348
Total Liabilities		726,134		471		741,878			964,934
NET ASSETS	$	3,273,652	$	200,499	$	6,739,363		$	5,504,135
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		N/A		33,170,337		497,037,187			443,285,380
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE		N/A	$	6.04	$	13.56		$	12.42
Investments at Cost	$	3,422,812	$	192,751	$	8,488,055		$	6,789,556
NET ASSETS CONSIST OF:
Paid-In Capital		N/A	$	200,499	$	9,162,464		$	5,504,135
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		N/A		—		(68	)		—
Accumulated Net Realized Gain (Loss)		N/A		—		(542,910	)		—
Net Unrealized Foreign Exchange Gain (Loss)		N/A		—		—			—
Net Unrealized Appreciation (Depreciation)		N/A		—		(1,880,123	)		—
NET ASSETS		N/A	$	200,499	$	6,739,363		$	5,504,135
(1) NUMBER OF SHARES AUTHORIZED		N/A		Unlimited		Unlimited			Unlimited

See accompanying Notes to Financial Statements.
265

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2008

(Amounts in thousands, except share and per share amounts)

	The U.S. Small Cap Series		The U.S. Micro Cap Series		The DFA International Value Series		The Japanese Small Company Series
ASSETS:
Investments at Value (including $448,727, $557,841, $717,470 and $320,166 of securities on loan, respectively)	$	2,022,011	$	2,857,354	$	4,567,339	$	1,039,395
Temporary Cash Investments at Value & Cost		53,160		65,811		86,293		9,284
Collateral Received from Securities on Loan at Value & Cost		461,715		582,961		760,248		339,879
Foreign Currencies at Value		—		—		14,156		3,755
Cash		1		—		15		15
Receivables:
Investment Securities Sold		3,053		5,196		38,170		22,536
Dividends, Interest, and Tax Reclaims		1,266		1,826		15,310		9,110
Securities Lending Income		1,567		2,293		1,186		760
Fund Shares Sold		32		17		10,712		—
Fund Margin Variation		—		—		19		—
Prepaid Expenses and Other Assets		3		29		7		1
Total Assets		2,542,808		3,515,487		5,493,455		1,424,735
LIABILITIES:
Payables:
Upon Return of Securities Loaned		461,715		582,961		760,248		339,879
Investment Securities Purchased		8,382		6,909		31,085		21,593
Fund Shares Redeemed		5,766		1,559		510		137
Due to Advisor		54		250		853		86
Accrued Expenses and Other Liabilities		134		184		422		76
Total Liabilities		476,051		591,863		793,118		361,771
NET ASSETS		2,066,757		2,923,624		4,700,337		1,062,964
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		200,917,016		440,564,264		412,114,828		N/A
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	10.29	$	6.64	$	11.41		N/A
Investments at Cost	$	2,353,022	$	3,242,904	$	6,876,780	$	1,481,536
Foreign Currencies at Cost	$	—	$	—	$	14,875	$	3,813
NET ASSETS CONSIST OF:
Paid-In Capital	$	2,066,757	$	2,923,624	$	4,700,337		N/A
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		—		—		—		N/A
Accumulated Net Realized Gain (Loss)		—		—		—		N/A
Net Unrealized Foreign Exchange Gain (Loss)		—		—		—		N/A
Net Unrealized Appreciation (Depreciation)		—		—		—		N/A
NET ASSETS	$	2,066,757	$	2,923,624	$	4,700,337		N/A
(1) NUMBER OF SHARES AUTHORIZED		Unlimited		Unlimited		Unlimited		N/A

See accompanying Notes to Financial Statements.
266

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2008

(Amounts in thousands)

	The Asia Pacific Small Company Series		The United Kingdom Small Company Series		The Continental Small Company Series		The Canadian Small Company Series
ASSETS:
Investments at Value (including $102,837, $24,696, $223,217 and $50,836 of securities on loan, respectively)	$	426,362	$	532,492	$	1,072,884	$	228,337
Temporary Cash Investments at Value & Cost		10,988		10,567		30,512		2,496
Collateral Received from Securities on Loan at Value & Cost		141,409		27,461		236,015		65,389
Foreign Currencies at Value		3,948		3,798		13,178		1,816
Cash		16		16		16		16
Receivables:
Investment Securities Sold		3,420		9,649		1,386		—
Dividends, Interest, and Tax Reclaims		1,356		3,003		2,673		138
Securities Lending Income		373		52		525		119
Fund Shares Sold		142		—		55		—
Fund Margin Variation		3		1		9		—
Prepaid Expenses and Other Assets		1		1		2		—
Total Assets		588,018		587,040		1,357,255		298,311
LIABILITIES:
Payables:
Upon Return of Securities Loaned		141,409		27,461		236,015		65,389
Investment Securities Purchased		5,272		4,060		9,436		—
Fund Shares Redeemed		—		24		—		—
Due to Advisor		43		54		104		22
Accrued Expenses and Other Liabilities		57		51		115		27
Total Liabilities		146,781		31,650		245,670		65,438
NET ASSETS	$	441,237	$	555,390	$	1,111,585	$	232,873
Investments at Cost	$	689,392	$	824,548	$	1,373,718	$	514,241
Foreign Currencies at Cost	$	3,820	$	3,835	$	13,582	$	1,774

See accompanying Notes to Financial Statements.
267

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2008

(Amounts in thousands, except share and per share amounts)

	The Emerging Markets Series		The Emerging Markets Small Cap Series		The DFA One-Year Fixed Income Series		The DFA Two-Year Global Fixed Income Series
ASSETS:
Investments at Value (including $180,629, $64,837, $0, and $0 of securities on loan, respectively)	$	1,534,814	$	539,271	$	3,124,780	$	3,151,302
Temporary Cash Investments at Value & Cost		—		—		90,799		79,059
Collateral Received from Securities on Loan at Value & Cost		203,687		105,133		—		—
Foreign Currencies at Value		13,010		1,277		—		27
Cash		643		1,353		—		16
Receivables:
Investment Securities Sold		165,128		36,416		—		23,187
Dividends, Interest, and Tax Reclaims		2,223		883		22,211		25,490
Securities Lending Income		383		273		—		—
Fund Shares Sold		1,445		—		—		31
Forward Currency Contracts		—		—		—		3,382
Fund Margin Variation		32		10		—		—
Unrealized Gain on Forward Currency Contracts		—		—		—		60
Prepaid Expenses and Other Assets		3		1		3		2
Total Assets		1,921,368		684,617		3,237,793		3,282,556
LIABILITIES:
Payables:
Upon Return of Securities Loaned		203,687		105,133		—		—
Investment Securities Purchased		90,830		7,661		—		—
Fund Shares Redeemed		—		61		12,121		10,397
Due to Advisor		144		106		141		139
Loan Payable		1,079		4,963		—		—
Distribution Payable		—		—		—		212
Unrealized Loss on Forward Currency Contracts		—		—		—		6,792
Deferred Thailand Capital Gains Tax		788		159		—		—
Accrued Expenses and Other Liabilities		316		155		159		168
Total Liabilities		296,844		118,238		12,421		17,708
NET ASSETS	$	1,624,524	$	566,379	$	3,225,372	$	3,264,848
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		N/A		N/A		323,580,687		315,819,698
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE		N/A		N/A	$	9.97	$	10.34
Investments at Cost	$	1,141,981	$	781,068	$	3,136,254	$	3,104,787
Foreign Currencies at Cost	$	12,929	$	1,270	$	—	$	33
NET ASSETS CONSIST OF:
Paid-In Capital		N/A		N/A	$	3,225,372	$	3,264,848
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		N/A		N/A		—		—
Accumulated Net Realized Gain (Loss)		N/A		N/A		—		—
Net Unrealized Foreign Exchange Gain (Loss)		N/A		N/A		—		—
Net Unrealized Appreciation (Depreciation)		N/A		N/A		—		—
NET ASSETS		N/A		N/A	$	3,225,372	$	3,264,848
(1) NUMBER OF SHARES AUTHORIZED		N/A		N/A		Unlimited		Unlimited

See accompanying Notes to Financial Statements.
268

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	The U.S. Large Company Series						The Enhanced U.S. Large Company Series						The U.S. Large Cap Value Series						The U.S. Small Cap Value Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Dividends	$	82,686		$	91,440			—			—		$	166,659		$	152,304		$	90,145		$	134,714
Interest		1,937			3,944		$	7,246		$	13,326			1,529			4,285			1,880			4,032
Income from Securities Lending		1,741			927			—			—			7,486			2,119			19,073			11,899
Total Investment Income		86,364			96,311			7,246			13,326			175,674			158,708			111,098			150,645
Expenses
Investment Advisory Services Fees		981			1,201			127			183			8,436			10,188			14,090			19,951
Accounting & Transfer Agent Fees		403			491			43			56			847			1,011			711			995
S&P 500^® Fees		87			86			6			6			—			—			—			—
Custodian Fees		58			62			16			36			90			108			112			156
Shareholders' Reports		38			52			2			4			82			103			67			105
Directors'/Trustees' Fees & Expenses		—			7			—			1			—			94			—			44
Professional Fees		74			119			5			5			166			157			140			165
Other		18			31			1			2			37			56			14			60
Total Expenses		1,659			2,049			200			293			9,658			11,717			15,134			21,476
Net Investment Income (Loss)		84,705			94,262			7,046			13,033			166,016			146,991			95,964			129,169
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		(126,174	)		10,206			136			(538	)		(422,637	)		(118,412	)		(1,368,521	)		1,072,520
Futures		(22,232	)		3,585			(59,413	)		28,285			(1,861	)		—			(5,590	)		—
Foreign Currency Transactions		—			—			13,155			(882	)		—			—			—			—
Swap Contracts		—			—			(6,832	)		1,469			—			—			—			—
In-Kind Redemptions		24,362	*		529,199	*		—			—			52,271	*		—			40,823	*		—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,591,847	)		(217,829	)		(13,359	)		2,487			(3,601,292	)		(150,559	)		(1,383,083	)		(1,994,517	)
Futures		1,195			(216	)		(49,959	)		(21,293	)		29			—			26			—
Swap Contracts		—			—			860			(1,162	)		—			—			—			—
Translation of Foreign Currency Denominated Amounts		—			—			1,286			4,461			—			—			—			—
Net Realized and Unrealized Gain (Loss)		(1,714,696	)		324,945			(114,126	)		12,827			(3,973,490	)		(268,971	)		(2,716,345	)		(921,997	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(1,629,991	)	$	419,207		$	(107,080	)	$	25,860		$	(3,807,474	)	$	(121,980	)	$	(2,620,381	)	$	(792,828	)

* See Note K in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
269

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	The U.S. Small Cap Series						The U.S. Micro Cap Series						The DFA International Value Series						The Japanese Small Company Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Dividends (Net of Foreign Taxes Withheld of $0, $0, $0, $0, $28,938, $23,649, $1,868, and $1,557, respectively)	$	27,505		$	39,537		$	40,416		$	50,822		$	300,627		$	278,708		$	24,935		$	20,711
Interest		501			1,116			704			1,662			1,071			2,113			55			262
Income from Securities Lending		13,953			10,235			22,040			19,931			19,332			14,342			8,859			10,705
Total Investment Income		41,959			50,888			63,160			72,415			321,030			295,163			33,849			31,678
Expenses
Investment Advisory Services Fees		805			1,150			3,690			5,082			14,643			18,039			1,220			1,524
Accounting & Transfer Agent Fees		282			394			381			516			739			900			143			174
Custodian Fees		68			87			64			100			914			1,185			178			262
Shareholders' Reports		26			40			35			53			78			84			13			15
Directors'/Trustees' Fees & Expenses		—			17			—			21			—			97			—			9
Professional Fees		54			60			74			82			171			139			26			25
Other		72			38			12			32			98			106			23			29
Total Expenses		1,307			1,786			4,256			5,886			16,643			20,550			1,603			2,038
Net Investment Income (Loss)		40,652			49,102			58,904			66,529			304,387			274,613			32,246			29,640
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		(592,739	)		303,991			(735,401	)		379,499			137,811			654,522			(68,518	)		51,317
Futures		—			—			—			—			(1,153	)		—			(16	)		—
Foreign Currency Transactions		—			—			—			—			(4,593	)		2,498			(321	)		(227	)
In-Kind Redemptions		55,442	*		—			—			—			103,024	*		—			1,625	*		—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(493,743	)		(417,060	)		(702,735	)		(602,264	)		(5,026,911	)		403,307			(374,750	)		(103,081	)
Futures		—			—			—			—			19			—			—			—
Translation of Foreign Currency Denominated Amounts		—			—			—			—			(76	)		(180	)		495			144
Net Realized and Unrealized Gain (Loss)		(1,031,040	)		(113,069	)		(1,438,136	)		(222,765	)		(4,791,879	)		1,060,147			(441,485	)		(51,847	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(990,388	)	$	(63,967	)	$	(1,379,232	)	$	(156,236	)	$	(4,487,492	)	$	1,334,760		$	(409,239	)	$	(22,207	)

* See Note K in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
270

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	The Asia Pacific Small Company Series						The United Kingdom Small Company Series						The Continental Small Company Series					The Canadian Small Company Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007		Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Dividends (Net of Foreign Taxes Withheld of $724, $469, $61, $0, $8,313, $5,790, $467, and $69, respectively)	$	33,506		$	32,140		$	34,689		$	34,869		$	56,505		$	43,799	$	2,679		$	394
Interest		176			306			108			103			332			244		134			100
Income from Securities Lending		5,337			5,485			447			108			8,718			7,366		990			105
Total Investment Income		39,019			37,931			35,244			35,080			65,555			51,409		3,803			599
Expenses
Investment Advisory Services Fees		871			1,016			899			1,234			1,806			2,231		330			81
Accounting & Transfer Agent Fees		109			123			111			145			200			242		55			24
Custodian Fees		247			355			67			81			419			523		184			101
Shareholders' Reports		9			9			10			12			19			21		4			1
Directors'/Trustees' Fees & Expenses		—			12			—			13			—			24		—			3
Professional Fees		20			15			21			20			40			35		8			2
Organizational & Offering Costs		—			—			—			—			—			—		—			1
Other		23			21			9			19			26			37		10			3
Total Expenses		1,279			1,551			1,117			1,524			2,510			3,113		591			216
Net Investment Income (Loss)		37,740			36,380			34,127			33,556			63,045			48,296		3,212			383
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		(38,746	)		111,215			10,543			42,995			(48,434	)		151,648		(20,515	)		1,663
Futures		(283	)		—			—			—			(358	)		—		—			—
Foreign Currency Transactions		(1,429	)		874			(1,788	)		397			(76	)		559		(433	)		(413	)
In-Kind Redemptions		4,018	*		—			6,873	*		—			16,564	*		—		(2,616	)*		—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(649,251	)		232,165			(643,213	)		(51,516	)		(1,158,591	)		126,217		(279,292	)		(6,570	)
Futures		3			—			1			—			9			—		—			—
Translation of Foreign Currency Denominated Amounts		(121	)		(25	)		222			(10	)		(386	)		83		(6	)		(2	)
Nets Realized and Unrealized Gain (Loss)		(685,809	)		344,229			(627,362	)		(8,134	)		(1,191,272	)		278,507		(302,862	)		(5,322	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(648,069	)	$	380,609		$	(593,235	)	$	25,422		$	(1,128,227	)	$	326,803	$	(299,650	)	$	(4,939	)

* See Note K in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
271

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	The Emerging Markets Series						The Emerging Markets Small Cap Series						The DFA One-Year Fixed Income Series						The DFA Two-Year Global Fixed Income Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Dividends (Net of Foreign Taxes Withheld of $8,965, $7,660, $3,030, $2,372, $0, $0 $0, and $0, respectively)	$	83,157		$	78,304		$	32,883		$	24,713			—			—			—			—
Interest		218			517			112			235		$	104,131		$	159,010		$	88,609		$	105,338
Income from Securities Lending		4,081			3,188			3,727			2,805			—			—			—			—
Total Investment Income		87,456			82,009			36,722			27,753			104,131			159,010			88,609			105,338
Expenses
Investment Advisory Services Fees		2,744			3,029			2,174			2,461			1,563			1,510			1,546			1,468
Accounting & Transfer Agent Fees		292			318			130			144			324			313			326			310
Custodian Fees		1,784			2,142			915			1,113			35			37			182			284
Shareholders' Reports		30			28			12			11			33			28			32			28
Directors'/Trustees' Fees & Expenses		—			25			—			15			—			15			—			15
Professional Fees		94			55			51			46			58			45			59			44
Other		76			65			34			42			23			16			25			16
Total Expenses		5,020			5,662			3,316			3,832			2,036			1,964			2,170			2,165
Net Investment Income (Loss)		82,436			76,347			33,406			23,921			102,095			157,046			86,439			103,173
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		(59,927	)		143,019			(9,181	)		107,316			(1,438	)		(74	)		62			(3,439	)
Futures		(361	)		—			(439	)		—			—			—			—			—
Foreign Currency Transactions		(1,036	)		(111	)		(1,324	)		(336	)		—			—			77,256			(32,540	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,612,126	)		859,017			(796,299	)		279,364			(8,430	)		(2,138	)		(51,296	)		24,384
Futures		32			—			10			—			—			—			—			_—
Translation of Foreign Currency Denominated Amounts		(139	)		(27	)		(182	)		76			—			—			(11,788	)		56,392
Change in Deferred Thailand Capital Gains Tax		2,797			(884	)		1,377			(450	)		—			—			—			—
Net Realized and Unrealized Gain (Loss)		(1,670,760	)		1,001,014			(806,038	)		385,970			(9,868	)		(2,212	)		14,234			44,797
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(1,588,324	)	$	1,077,361		$	(772,632	)	$	409,891		$	92,227		$	154,834		$	100,673		$	147,970

See accompanying Notes to Financial Statements.
272

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The U.S. Large Company Series									The Enhanced U.S. Large Company Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	84,705		$	94,262		$	87,710		$	7,046		$	13,033		$	11,543
Net Realized Gain (Loss) on:
Investment Securities Sold		(126,174	)		10,206			(8,634	)		136			(538	)		(2,115	)
Futures		(22,232	)		3,585			6,769			(59,413	)		28,285			8,831
Foreign Currency Transactions		—			—			—			13,155			(882	)		(790	)
Swap Contracts		—			—			—			(6,832	)		1,469			1,860
In-Kind Redemptions		24,362	*		529,199	*		—			—			—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,591,847	)		(217,829	)		523,721			(13,359	)		2,487			11,808
Futures		1,195			(216	)		(1,050	)		(49,959	)		(21,293	)		16,928
Swap Contracts		—			—			—			860			(1,162	)		(613	)
Translation of Foreign Currency Denominated Amounts		—			—			—			1,286			4,461			(5,635	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(1,629,991	)		419,207			608,516			(107,080	)		25,860			41,817
Distributions From:
Net Investment Income		—			—			—			(12,465	)		(10,384	)		(4,468	)
Net Short-Term Gains		—			—			—			(4,443	)		(11,623	)		—
Net Long-Term Gains		—			—			—			(4,238	)		(14,452	)		(4,136	)
Total Distributions		—			—			—			(21,146	)		(36,459	)		(8,604	)
Capital Share Transactions (1):
Shares Issued		—			—			—			49,523			57,240			55,264
Shares Issued in Lieu of Cash Distributions		—			—			—			20,505			35,498			8,537
Shares Redeemed		—			—			—			(78,419	)		(92,306	)		(63,339	)
Net Increase (Decrease) from Capital Share Transactions		—			—			—			(8,391	)		432			462
Transactions in Interest:
Contributions		696,520			616,294			753,004			—			—			—
Withdrawals		(299,226	)*		(1,482,132	)*		(647,252	)		—			—			—
Net Increase (Decrease) from Transactions in Interest		397,294			(865,838	)		105,752			—			—			—
Total Increase (Decrease) in Net Assets		(1,232,697	)		(446,631	)		714,268			(136,617	)		(10,167	)		33,675
Net Assets
Beginning of Period		4,506,349			4,952,980			4,238,712			337,116			347,283			313,608
End of Period	$	3,273,652		$	4,506,349		$	4,952,980		$	200,499		$	337,116		$	347,283
(1) Shares Issued and Redeemed:
Shares Issued		N/A			N/A			N/A			6,462			5,792			5,851
Shares Issued in Lieu of Cash Distributions		N/A			N/A			N/A			2,355			3,725			916
Shares Redeemed		N/A			N/A			N/A			(10,078	)		(9,298	)		(6,751	)
		N/A			N/A			N/A			(1,261	)		219			16
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		N/A			N/A			N/A		$		—	$	7,339		$	7,107

* See Note K in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
273

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The U.S. Large Cap Value Series									The U.S. Small Cap Value Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	166,016		$	146,991		$	119,373		$	95,964		$	129,169		$	103,401
Net Realized Gain (Loss) on:
Investment Securities Sold		(422,637	)		(118,412	)		477,934			(1,368,521	)		1,072,520			945,679
Futures		(1,861	)		—			—			(5,590	)		—			—
In-Kind Redemptions		52,271	*		—			—			40,823	*		—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities		(3,601,292	)		(150,559	)		631,814			(1,383,083	)		(1,994,517	)		517,884
Futures		29			—			—			26			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		(3,807,474	)		(121,980	)		1,229,121			(2,620,381	)		(792,828	)		1,566,964
Distributions From:
Net Investment Income		(168,022	)		(146,268	)		(127,544	)		(82,415	)		(128,093	)		(104,797	)
Net Short-Term Gains		—			(14,058	)		(14,160	)		—			(77,426	)		(37,843	)
Net Long-Term Gains		—			(463,917	)		(186,026	)		(1,046,424	)		(868,641	)		(678,973	)
Total Distributions		(168,022	)		(624,243	)		(327,730	)		(1,128,839	)		(1,074,160	)		(821,613	)
Capital Share Transactions (1):
Shares Issued		1,370,762			1,783,358			1,997,675			450,728			1,462,057			899,678
Shares Issued in Lieu of Cash Distributions		165,455			600,794			317,835			1,107,669			1,046,092			795,998
Shares Redeemed		(980,680	)*		(344,913	)		(182,182	)		(1,110,537	)*		(1,280,078	)		(523,514	)
Net Increase (Decrease) from Capital Share Transactions		555,537			2,039,239			2,133,328			447,860			1,228,071			1,172,162
Total Increase (Decrease) in Net Assets		(3,419,959	)		1,293,016			3,034,719			(3,301,360	)		(638,917	)		1,917,513
Net Assets
Beginning of Period		10,159,322			8,866,306			5,831,587			8,805,495			9,444,412			7,526,899
End of Period	$	6,739,363		$	10,159,322		$	8,866,306		$	5,504,135		$	8,805,495		$	9,444,412
(1) Shares Issued and Redeemed:
Shares Issued		74,071			75,958			92,566			26,847			62,384			37,774
Shares Issued in Lieu of Cash Distributions		9,754			26,704			15,344			62,197			45,298			36,792
Shares Redeemed		(52,609	)		(15,046	)		(8,564	)		(66,466	)		(55,385	)		(22,249	)
		31,216			87,616			99,346			22,578			52,297			52,317
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	(68	)	$	1,938		$	1,485		$	—		$	2,904		$	1,847

* See Note K in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
274

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The U.S. Small Cap Series									The U.S. Micro Cap Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	40,652		$	49,102		$	36,669		$	58,904		$	66,529		$	45,889
Net Realized Gain (Loss) on:
Investment Securities Sold		(592,739	)		303,991			237,752			(735,401	)		379,499			436,862
In-Kind Redemptions		55,442	*		—			—			—			—			—
Change in Unrealized Appreciation (Depreciation) of
Investment Securities		(493,743	)		(417,060	)		201,127			(702,735	)		(602,264	)		125,507
Net Increase (Decrease) in Net Assets Resulting from Operations		(990,388	)		(63,967	)		475,548			(1,379,232	)		(156,236	)		608,258
Distributions From:
Net Investment Income		(32,004	)		(49,031	)		(37,137	)		(48,587	)		(66,185	)		(46,539	)
Net Short-Term Gains		(7,560	)		(37,237	)		(34,285	)		(31,555	)		(61,220	)		(72,770	)
Net Long-Term Gains		(258,983	)		(200,073	)		(153,072	)		(347,536	)		(375,219	)		(336,642	)
Total Distributions		(298,547	)		(286,341	)		(224,494	)		(427,678	)		(502,624	)		(455,951	)
Capital Share Transactions (1):
Shares Issued		419,139			368,763			463,046			162,504			424,272			516,783
Shares Issued in Lieu of Cash Distributions		293,730			282,015			221,851			419,924			490,524			443,063
Shares Redeemed		(947,890	)*		(328,261	)		(211,846	)		(554,101	)		(379,775	)		(238,645	)
Net Increase (Decrease) from Capital Share Transactions		(235,021	)		322,517			473,051			28,327			535,021			721,201
Total Increase (Decrease) in Net Assets		(1,523,956	)		(27,791	)		724,105			(1,778,583	)		(123,839	)		873,508
Net Assets
Beginning of Period		3,590,713			3,618,504			2,894,399			4,702,207			4,826,046			3,952,538
End of Period	$	2,066,757		$	3,590,713		$	3,618,504		$	2,923,624		$	4,702,207		$	4,826,046
(1) Shares Issued and Redeemed:
Shares Issued		31,353			21,414			27,493			18,399			37,031			44,880
Shares Issued in Lieu of Cash Distributions		20,124			16,905			14,136			44,183			44,051			41,073
Shares Redeemed		(72,110	)		(18,741	)		(12,687	)		(63,944	)		(33,095	)		(20,711	)
		(20,633	)		19,578			28,942			(1,362	)		47,987			65,242
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	—		$	890		$	819		$	—		$	1,383		$	1,039

* See Note K in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
275

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The DFA International Value Series									The Japanese Small Company Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	304,387		$	274,613		$	193,174		$	32,246		$	29,640		$	23,044
Net Realized Gain (Loss) on:
Investment Securities Sold		137,811			654,522			201,700			(68,518	)		51,317			62,821
Futures		(1,153	)		—			—			(16	)		—			—
Foreign Currency Transactions		(4,593	)		2,498			378			(321	)		(227	)		(83	)
In-Kind Redemptions		103,024	*		—			—			1,625	*		—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(5,026,911	)		403,307			1,351,708			(374,750	)		(103,081	)		(135,957	)
Futures		19			—			—			—			—			—
Translation of Foreign Currency Denominated Amounts		(76	)		(180	)		486			495			144			218
Net Increase (Decrease) in Net Assets Resulting from Operations		(4,487,492	)		1,334,760			1,747,446			(409,239	)		(22,207	)		(49,957	)
Distributions From:
Net Investment Income		(293,386	)		(278,093	)		(202,210	)		—			—			—
Net Short-Term Gains		(22,542	)		(14,957	)		(11,375	)		—			—			—
Net Long-Term Gains		(614,160	)		(185,943	)		(115,307	)		—			—			—
Total Distributions		(930,088	)		(478,993	)		(328,892	)		—			—			—
Capital Share Transactions (1):
Shares Issued		927,878			1,731,698			1,589,921			—			—			—
Shares Issued in Lieu of Cash Distributions		916,898			465,562			307,948			—			—			—
Shares Redeemed		(1,365,580	)*		(871,558	)		(226,869	)		—			—			—
Net Increase (Decrease) from Capital Share Transactions		479,196			1,325,702			1,671,000			—			—			—
Transactions in Interest:
Contributions		—			—			—			64,727			227,009			334,524
Withdrawals		—			—			—			(97,345	)*		(85,703	)		(50,274	)
Net Increase (Decrease) from Transactions in Interest		—			—			—			(32,618	)		141,306			284,250
Total Increase (Decrease) in Net Assets		(4,938,384	)		2,181,469			3,089,554			(441,857	)		119,099			234,293
Net Assets
Beginning of Period		9,638,721			7,457,252			4,367,698			1,504,821			1,385,722			1,151,429
End of Period	$	4,700,337		$	9,638,721		$	7,457,252		$	1,062,964		$	1,504,821		$	1,385,722
(1) Shares Issued and Redeemed:
Shares Issued		50,328			72,431			80,546			N/A			N/A			N/A
Shares Issued in Lieu of Cash Distributions		45,073			20,227			16,678			N/A			N/A			N/A
Shares Redeemed		(77,527	)		(36,444	)		(11,688	)		N/A			N/A			N/A
		17,874			56,214			85,536			N/A			N/A			N/A
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	—		$	9,727		$	(7,523	)		N/A			N/A			N/A

* See Note K in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
276

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The Asia Pacific Small Company Series									The United Kingdom Small Company Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	37,740		$	36,380		$	23,806		$	34,127		$	33,556		$	23,984
Net Realized Gain (Loss) on:
Investment Securities Sold		(38,746	)		111,215			37,029			10,543			42,995			30,432
Futures		(283	)		—			—			—			—			—
Foreign Currency Transactions		(1,429	)		874			(442	)		(1,788	)		397			359
In-Kind Redemptions		4,018	*		—			—			6,873	*		—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(649,251	)		232,165			130,890			(643,213	)		(51,516	)		275,001
Futures		3			—			—			1			—			—
Translation of Foreign Currency Denominated Amounts		(121	)		(25	)		15			222			(10	)		23
Net Increase (Decrease) in Net Assets Resulting from Operations		(648,069	)		380,609			191,298			(593,235	)		25,422			329,799
Transactions in Interest:
Contributions		50,371			123,444			171,488			52,563			36,898			158,726
Withdrawals		(166,219	)*		(48,526	)		(9,082	)		(62,518	)*		(21,566	)		(13,737	)
Net Increase (Decrease) from Transactions in Interest		(115,848	)		74,918			162,406			(9,955	)		15,332			144,989
Total Increase (Decrease) in Net Assets		(763,917	)		455,527			353,704			(603,190	)		40,754			474,788
Net Assets
Beginning of Period		1,205,154			749,627			395,923			1,158,580			1,117,826			643,038
End of Period	$	441,237		$	1,205,154		$	749,627		$	555,390		$	1,158,580		$	1,117,826

* See Note K in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
277

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The Continental Small Company Series									The Canadian Small Company Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Period April 2, 2007(a) to Nov. 30, 2007
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	63,045		$	48,296		$	32,787		$	3,212		$	383
Net Realized Gain (Loss) on:
Investment Securities Sold		(48,434	)		151,648			46,115			(20,515	)		1,663
Futures		(358	)		—			—			—			—
Foreign Currency Transactions		(76	)		559			(3	)		(433	)		(413	)
In-Kind Redemptions		16,564	*		—			—			(2,616	)*		—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,158,591	)		126,217			455,015			(279,292	)		(6,570	)
Futures		9			—			—			—			—
Translation of Foreign Currency Denominated Amounts		(386	)		83			130			(6	)		(2	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(1,128,227	)		326,803			534,044			(299,650	)		(4,939	)
Transactions in Interest:
Contributions		131,960			103,548			375,913			341,843			222,468
Withdrawals		(148,270	)*		(49,423	)		(16,701	)		(22,849	)*		(4,000	)
Net Increase (Decrease) from Transactions in Interest		(16,310	)		54,125			359,212			318,994			218,468
Total Increase (Decrease) in Net Assets		(1,144,537	)		380,928			893,256			19,344			213,529
Net Assets
Beginning of Period		2,256,122			1,875,194			981,938			213,529			—
End of Period	$	1,111,585		$	2,256,122		$	1,875,194		$	232,873		$	213,529

* See Note K in the Notes to Financial Statements.

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
278

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The Emerging Markets Series									The Emerging Markets Small Cap Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	82,436		$	76,347		$	54,451		$	33,406		$	23,921		$	17,070
Net Realized Gain (Loss) on:
Investment Securities Sold		(59,927	)		143,019			28,277			(9,181	)		107,316			65,664
Futures		(361	)		—			—			(439	)		—			—
Foreign Currency Transactions		(1,036	)		(111	)		(585	)		(1,324	)		(336	)		(496	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,612,126	)		859,017			484,776			(796,299	)		279,364			160,217
Futures		32			—			—			10			—			—
Translation of Foreign Currency Denominated Amounts		(139	)		(27	)		(23	)		(182	)		76			6
Change in Deferred Thailand Capital Gains Tax		2,797			(884	)		902			1,377			(450	)		(475	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(1,588,324	)		1,077,361			567,798			(772,632	)		409,891			241,986
Transactions in Interest:
Contributions		197,789			481,891			455,977			137,703			360,040			181,431
Withdrawals		(692,731	)		(266,433	)		(461,369	)		(324,263	)		(147,889	)		(65,159	)
Net Increase (Decrease) from Transactions in Interest		(494,942	)		215,458			(5,392	)		(186,560	)		212,151			116,272
Total Increase (Decrease) in Net Assets		(2,083,266	)		1,292,819			562,406			(959,192	)		622,042			358,258
Net Assets
Beginning of Period		3,707,790			2,414,971			1,852,565			1,525,571			903,529			545,271
End of Period	$	1,624,524		$	3,707,790		$	2,414,971		$	566,379		$	1,525,571		$	903,529

See accompanying Notes to Financial Statements.
279

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The DFA One-Year Fixed Income Series									The DFA Two-Year Global Fixed Income Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	102,095		$	157,046		$	94,187		$	86,439		$	103,173		$	72,520
Net Realized Gain (Loss) on:
Investment Securities Sold		(1,438	)		(74	)		(4,503	)		62			(3,439	)		(15,021	)
Foreign Currency Transactions		—			—			—			77,256			(32,540	)		1,152
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(8,430	)		(2,138	)		16,421			(51,296	)		24,384			91,272
Translation of Foreign Currency Denominated Amounts		—			—			—			(11,788	)		56,392			(46,235	)
Net Increase (Decrease) in Net Assets Resulting from Operations		92,227			154,834			106,105			100,673			147,970			103,688
Distributions From:
Net Investment Income		(106,601	)		(152,964	)		(90,843	)		(130,982	)		(79,311	)		(19,326	)
Total Distributions		(106,601	)		(152,964	)		(90,843	)		(130,982	)		(79,311	)		(19,326	)
Capital Share Transactions (1):
Shares Issued		749,285			1,322,342			1,068,203			243,154			722,901			511,783
Shares Issued in Lieu of Cash Distributions		104,347			148,906			89,382			129,852			78,772			19,113
Shares Redeemed		(843,030	)		(663,105	)		(707,260	)		(379,944	)		(137,011	)		(114,719	)
Net Increase (Decrease) from Capital Share Transactions		10,602			808,143			450,325			(6,938	)		664,662			416,177
Total Increase (Decrease) in Net Assets		(3,772	)		810,013			465,587			(37,247	)		733,321			500,539
Net Assets
Beginning of Period		3,229,144			2,419,131			1,953,544			3,302,095			2,568,774			2,068,235
End of Period	$	3,225,372		$	3,229,144		$	2,419,131		$	3,264,848		$	3,302,095		$	2,568,774
(1) Shares Issued and Redeemed:
Shares Issued		75,046			132,195			107,376			23,371			69,860			51,248
Shares Issued in Lieu of Cash Distributions		10,474			14,922			8,997			12,552			7,641			1,908
Shares Redeemed		(84,607	)		(66,333	)		(71,080	)		(36,525	)		(13,289	)		(11,439	)
		913			80,784			45,293			(602	)		64,212			41,717
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	—		$	13,397		$	9,315		$	—		$	40,415		$	52,411

See accompanying Notes to Financial Statements.
280

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	The U.S. Large Company Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period		N/A			N/A			N/A			N/A			N/A			N/A
Income From Investment Operations
Net Investment Income (Loss)		—			—			—			—			—			—
Net Gains (Losses) on Securities (Realized and Unrealized)		—			—			—			—			—			—
Total From Investment Operations		—			—			—			—			—			—
Less Distributions
Net Investment Income		—			—			—			—			—			—
Net Realized Gains		—			—			—			—			—			—
Total Distributions		—			—			—			—			—			—
Net Asset Value, End of Period		N/A			N/A			N/A			N/A			N/A			N/A
Total Return		(33.10	)%(C)		7.77	%		14.25	%		8.51	%		12.77	%		15.05	%
Net Assets, End of Period (thousands)	$	3,273,652		$	4,506,349		$	4,952,980		$	4,238,712		$	3,493,919		$	3,000,997
Ratio of Expenses to Average Net Assets		0.04	%(B)		0.04	%		0.04	%		0.05	%		0.05	%		0.05	%
Ratio of Net Investment Income to Average Net Assets		2.16	%(B)		1.96	%		1.95	%		1.87	%		1.99	%		1.75	%
Portfolio Turnover Rate		6	%(C)		13	%*		4	%		6	%		2	%		8	%

	The Enhanced U.S. Large Company Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	9.79		$	10.15		$	9.17		$	8.83		$	7.94		$	6.97
Income From Investment Operations
Net Investment Income (Loss)		0.21	(A)		0.35	(A)		0.33	(A)		0.27	(A)		0.08			0.15
Net Gains (Losses) on Securities (Realized and Unrealized)		(3.34	)		0.35			0.90			0.36			0.91			0.93
Total From Investment Operations		(3.13	)		0.70			1.23			0.63			0.99			1.08
Less Distributions
Net Investment Income		(0.37	)		(0.29	)		(0.13	)		(0.29	)		(0.10	)		(0.11	)
Net Realized Gains		(0.25	)		(0.77	)		(0.12	)		—			—			—
Total Distributions		(0.62	)		(1.06	)		(0.25	)		(0.29	)		(0.10	)		(0.11	)
Net Asset Value, End of Period	$	6.04		$	9.79		$	10.15		$	9.17		$	8.83		$	7.94
Total Return		(33.77	)%(C)		7.37	%		13.69	%		7.21	%		12.50	%		15.71	%
Net Assets, End of Period (thousands)	$	200,499		$	337,116		$	347,283		$	313,608		$	221,780		$	141,478
Ratio of Expenses to Average Net Assets		0.08	%(B)		0.08	%		0.08	%		0.17	%		0.18	%		0.18	%
Ratio of Net Investment Income to Average Net Assets		2.78	%(B)		3.57	%		3.52	%		2.96	%		1.59	%		1.44	%
Portfolio Turnover Rate		76	%(C)		92	%		134	%		57	%		125	%		138	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

* Excluding security sales due to the In-Kind Redemptions the portfolio turnover rate would have been 5%. See Note K in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
281

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	The U.S. Large Cap Value Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	21.81		$	23.44		$	20.91		$	18.55		$	15.41		$	13.01
Income From Investment Operations
Net Investment Income (Loss)		0.35	(A)		0.34	(A)		0.36	(A)		0.29			0.23			0.21
Net Gains (Losses) on Securities (Realized and Unrealized)		(8.25	)		(0.38	)		3.27			2.41			3.09			2.41
Total From Investment Operations		(7.90	)		(0.04	)		3.63			2.70			3.32			2.62
Less Distributions
Net Investment Income		(0.35	)		(0.33	)		(0.38	)		(0.32	)		(0.18	)		(0.22	)
Net Realized Gains		—			(1.26	)		(0.72	)		(0.02	)		—			—
Total Distributions		(0.35	)		(1.59	)		(1.10	)		(0.34	)		(0.18	)		(0.22	)
Net Asset Value, End of Period	$	13.56		$	21.81		$	23.44		$	20.91		$	18.55		$	15.41
Total Return		(36.53	)%(C)		(0.32	)%		18.16	%		14.66	%		21.68	%		20.34	%
Net Assets, End of Period (thousands)	$	6,739,363		$	10,159,322		$	8,866,306		$	5,831,587		$	3,919,913		$	2,510,662
Ratio of Expenses to Average Net Assets		0.11	%(B)		0.11	%		0.12	%		0.14	%		0.15	%		0.15	%
Ratio of Net Investment Income to Average Net Assets		1.97	%(B)		1.44	%		1.68	%		1.56	%		1.41	%		1.62	%
Portfolio Turnover Rate		19	%(C)		9	%		13	%		9	%		7	%		7	%

	The U.S. Small Cap Value Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	20.93		$	25.64		$	23.81		$	23.78		$	20.20		$	15.04
Income From Investment Operations
Net Investment Income (Loss)		0.21	(A)		0.31	(A)		0.29	(A)		0.17			0.16			0.12
Net Gains (Losses) on Securities (Realized and Unrealized)		(6.03	)		(2.14	)		4.11			2.35			5.09			6.29
Total From Investment Operations		(5.82	)		(1.83	)		4.40			2.52			5.25			6.41
Less Distributions
Net Investment Income		(0.18	)		(0.31	)		(0.30	)		(0.31	)		(0.08	)		(0.12	)
Net Realized Gains		(2.51	)		(2.57	)		(2.27	)		(2.18	)		(1.59	)		(1.13	)
Total Distributions		(2.69	)		(2.88	)		(2.57	)		(2.49	)		(1.67	)		(1.25	)
Net Asset Value, End of Period	$	12.42		$	20.93		$	25.64		$	23.81		$	23.78		$	20.20
Total Return		(31.60	)%(C)		(8.11	)%		20.63	%		11.67	%		27.87	%		46.31	%
Net Assets, End of Period (thousands)	$	5,504,135		$	8,805,495		$	9,444,412		$	7,526,899		$	6,294,902		$	4,518,054
Ratio of Expenses to Average Net Assets		0.21	%(B)		0.22	%		0.22	%		0.24	%		0.25	%		0.25	%
Ratio of Net Investment Income to Average Net Assets		1.36	%(B)		1.30	%		1.24	%		0.75	%		0.78	%		0.75	%
Portfolio Turnover Rate		32	%(C)		28	%		27	%		27	%		26	%		35	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
282

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	The U.S. Small Cap Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	16.21		$	17.92		$	16.73		$	16.09		$	13.84		$	9.93
Income From Investment Operations
Net Investment Income (Loss)		0.19	(A)		0.22	(A)		0.19	(A)		0.15			0.12			0.08
Net Gains (Losses) on Securities (Realized and Unrealized)		(4.73	)		(0.53	)		2.27			1.44			2.22			3.92
Total From Investment Operations		(4.54	)		(0.31	)		2.46			1.59			2.34			4.00
Less Distributions
Net Investment Income		(0.15	)		(0.22	)		(0.19	)		(0.18	)		(0.08	)		(0.09	)
Net Realized Gains		(1.23	)		(1.18	)		(1.08	)		(0.77	)		(0.01	)		—
Total Distributions		(1.38	)		(1.40	)		(1.27	)		(0.95	)		(0.09	)		(0.09	)
Net Asset Value, End of Period	$	10.29		$	16.21		$	17.92		$	16.73		$	16.09		$	13.84
Total Return		(30.44	)%(C)		(1.86	)%		15.90	%		10.40	%		16.99	%		40.32	%
Net Assets, End of Period (thousands)	$	2,066,757		$	3,590,713		$	3,618,504		$	2,894,399		$	2,321,090		$	1,468,486
Ratio of Expenses to Average Net Assets		0.05	%(B)		0.05	%		0.05	%		0.07	%		0.07	%		0.08	%
Ratio of Net Investment Income to Average Net Assets		1.51	%(B)		1.28	%		1.13	%		0.94	%		0.85	%		0.84	%
Portfolio Turnover Rate		27	%(C)		23	%		18	%		21	%		16	%		16	%

	The U.S. Micro Cap Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	10.64		$	12.25		$	12.02		$	11.92		$	10.48		$	7.11
Income From Investment Operations
Net Investment Income (Loss)		0.13	(A)		0.15	(A)		0.12	(A)		0.09			0.07			0.05
Net Gains (Losses) on Securities (Realized and Unrealized)		(3.14	)		(0.50	)		1.48			1.10			1.65			3.47
Total From Investment Operations		(3.01	)		(0.35	)		1.60			1.19			1.72			3.52
Less Distributions
Net Investment Income		(0.11	)		(0.15	)		(0.12	)		(0.10	)		(0.05	)		(0.05	)
Net Realized Gains		(0.88	)		(1.11	)		(1.25	)		(0.99	)		(0.23	)		(0.10	)
Total Distributions		(0.99	)		(1.26	)		(1.37	)		(1.09	)		(0.28	)		(0.15	)
Net Asset Value, End of Period	$	6.64		$	10.64		$	12.25		$	12.02		$	11.92		$	10.48
Total Return		(31.08	)%(C)		(3.24	)%		15.00	%		10.77	%		16.83	%		50.34	%
Net Assets, End of Period (thousands)	$	2,923,624		$	4,702,207		$	4,826,046		$	3,952,538		$	3,216,440		$	2,624,043
Ratio of Expenses to Average Net Assets		0.12	%(B)		0.12	%		0.12	%		0.14	%		0.15	%		0.15	%
Ratio of Net Investment Income to Average Net Assets		1.59	%(B)		1.31	%		1.04	%		0.80	%		0.64	%		0.68	%
Portfolio Turnover Rate		22	%(C)		21	%		22	%		24	%		27	%		19	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
283

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	The DFA International Value Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	24.45		$	22.06		$	17.30		$	16.04		$	12.40		$	9.33
Income From Investment Operations
Net Investment Income (Loss)		0.73	(A)		0.73	(A)		0.65	(A)		0.43			0.33			0.27
Net Gains (Losses) on Securities (Realized and Unrealized)		(11.45	)		2.98			5.27			1.95			3.61			3.06
Total From Investment Operations		(10.72	)		3.71			5.92			2.38			3.94			3.33
Less Distributions
Net Investment Income		(0.71	)		(0.73	)		(0.67	)		(0.52	)		(0.30	)		(0.25	)
Net Realized Gains		(1.61	)		(0.59	)		(0.49	)		(0.60	)		—			(0.01	)
Total Distributions		(2.32	)		(1.32	)		(1.16	)		(1.12	)		(0.30	)		(0.26	)
Net Asset Value, End of Period	$	11.41		$	24.45		$	22.06		$	17.30		$	16.04		$	12.40
Total Return		(47.87	)%(C)		17.32	%		35.73	%		15.61	%		32.15	%		36.24	%
Net Assets, End of Period (thousands)	$	4,700,337		$	9,638,721		$	7,457,252		$	4,367,698		$	2,804,043		$	1,604,778
Ratio of Expenses to Average Net Assets		0.23	%(B)		0.23	%		0.23	%		0.27	%		0.28	%		0.30	%
Ratio of Net Investment Income to Average Net Assets		4.15	%(B)		3.04	%		3.29	%		2.71	%		2.35	%		2.61	%
Portfolio Turnover Rate		16	%(C)		16	%		8	%		10	%		15	%		14	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
284

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

	The Japanese Small Company Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Total Return		(26.87	)%(C)		(1.16	)%		(2.28	)%		31.03	%		32.73	%		47.87	%
Net Assets, End of Period (thousands)	$	1,062,964		$	1,504,821		$	1,385,722		$	1,151,429		$	605,132		$	283,699
Ratio of Expenses to Average Net Assets		0.13	%(B)		0.13	%		0.14	%		0.22	%		0.27	%		0.28	%
Ratio of Net Investment Income to Average Net Assets		2.64	%(B)		1.94	%		1.68	%		1.51	%		1.45	%		1.41	%
Portfolio Turnover Rate		10	%(C)		9	%		9	%		6	%		5	%		16	%
	The United Kingdom Small Company Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Total Return		(50.77	)%(C)		2.42	%		44.80	%		12.88	%		29.68	%		44.65	%
Net Assets, End of Period (thousands)	$	555,390		$	1,158,580		$	1,117,826		$	643,038		$	377,763		$	160,917
Ratio of Expenses to Average Net Assets		0.12	%(B)		0.12	%		0.13	%		0.22	%		0.27	%		0.26	%
Ratio of Net Investment Income to Average Net Assets		3.79	%(B)		2.72	%		2.70	%		3.19	%		2.70	%		3.25	%
Portfolio Turnover Rate		25	%(C)		12	%		8	%		12	%		7	%		7	%

	The Asia Pacific Small Company Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Total Return		(57.75	)%(C)		47.23	%		38.26	%		9.30	%		27.40	%		61.47	%
Net Assets, End of Period (thousands)	$	441,237		$	1,205,154		$	749,627		$	395,923		$	282,999		$	156,765
Ratio of Expenses to Average Net Assets		0.15	%(B)		0.15	%		0.17	%		0.27	%		0.32	%		0.31	%
Ratio of Net Investment Income to Average Net Assets		4.33	%(B)		3.58	%		4.19	%		4.33	%		3.82	%		3.35	%
Portfolio Turnover Rate		20	%(C)		25	%		14	%		10	%		11	%		15	%
	The Continental Small Company Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Total Return		(49.66	)%(C)		17.49	%		47.10	%		18.97	%		36.57	%		52.86	%
Net Assets, End of Period (thousands)	$	1,111,585		$	2,256,122		$	1,875,194		$	981,938		$	654,644		$	448,407
Ratio of Expenses to Average Net Assets		0.14	%(B)		0.14	%		0.15	%		0.24	%		0.26	%		0.30	%
Ratio of Net Investment Income to Average Net Assets		3.49	%(B)		2.16	%		2.27	%		2.16	%		2.09	%		2.49	%
Portfolio Turnover Rate		18	%(C)		12	%		7	%		18	%		9	%		11	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
285

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

	The Canadian Small Company Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Period April 2, 2007(a) to Nov. 30, 2007
Total Return		(56.44	)%(C)		10.20	%(C)
Net Assets, End of Period (thousands)	$	232,873		$	213,529
Ratio of Expenses to Average Net Assets		0.18	%(B)		0.26	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		0.97	%(B)		0.47	%(B)(E)
Portfolio Turnover Rate		21	%(C)		6	%(C)

	The Emerging Markets Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Total Return		(48.15	)%(C)		42.62	%		31.87	%		31.23	%		35.47	%		39.67	%
Net Assets, End of Period (thousands)	$	1,624,524		$	3,707,790		$	2,414,971		$	1,852,565		$	1,160,262		$	607,561
Ratio of Expenses to Average Net Assets		0.18	%(B)		0.19	%		0.20	%		0.27	%		0.31	%		0.34	%
Ratio of Net Investment Income to Average Net Assets		3.00	%(B)		2.52	%		2.54	%		3.70	%		2.63	%		2.23	%
Portfolio Turnover Rate		19	%(C)		7	%		11	%		9	%		2	%		1	%

	The Emerging Markets Small Cap Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Total Return		(56.84	)%(C)		43.32	%		40.55	%		24.85	%		35.22	%		52.80	%
Net Assets, End of Period (thousands)	$	566,379		$	1,525,571		$	903,529		$	545,271		$	237,865		$	117,744
Ratio of Expenses to Average Net Assets		0.30	%(B)		0.31	%		0.34	%		0.49	%		0.52	%		0.54	%
Ratio of Net Investment Income to Average Net Assets		3.07	%(B)		1.94	%		2.39	%		2.70	%		1.93	%		2.44	%
Portfolio Turnover Rate		19	%(C)		16	%		18	%		8	%		11	%		6	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
286

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	The DFA One-Year Fixed Income Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	10.01		$	10.00		$	9.94		$	10.00		$	10.10		$	10.19
Income From Investment Operations
Net Investment Income (Loss)		0.30	(A)		0.53	(A)		0.42	(A)		0.30			0.16			0.15
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.03	)		(0.01	)		0.04			(0.07	)		(0.04	)		0.04
Total From Investment Operations		0.27			0.52			0.46			0.23			0.12			0.19
Less Distributions
Net Investment Income		(0.31	)		(0.51	)		(0.40	)		(0.29	)		(0.15	)		(0.16	)
Net Realized Gains		—			—			—			—			(0.07	)		(0.12	)
Tax Return of Capital		—			—			—			—			—			—
Total Distributions		(0.31	)		(0.51	)		(0.40	)		(0.29	)		(0.22	)		(0.28	)
Net Asset Value, End of Period	$	9.97		$	10.01		$	10.00		$	9.94		$	10.00		$	10.10
Total Return		2.79	%(C)		5.31	%		4.72	%		2.32	%		1.21	%		1.95	%
Net Assets, End of Period (thousands)	$	3,225,372		$	3,229,144		$	2,419,131		$	1,953,544		$	1,739,484		$	1,455,374
Ratio of Expenses to Average Net Assets		0.07	%(B)		0.07	%		0.07	%		0.09	%		0.09	%		0.09	%
Ratio of Net Investment Income to Average Net Assets		3.26	%(B)		5.20	%		4.15	%		3.04	%		1.63	%		1.51	%
Portfolio Turnover Rate		31	%(C)		28	%		28	%		40	%		154	%		143	%

	The DFA Two-Year Global Fixed Income Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	10.44		$	10.19		$	9.83		$	9.99		$	10.13		$	10.22
Income From Investment Operations
Net Investment Income (Loss)		0.27	(A)		0.36	(A)		0.31	(A)		0.29	(A)		0.12			0.25
Net Gains (Losses) on Securities (Realized and Unrealized)		0.04			0.16			0.13			(0.10	)		—			(0.01	)
Total From Investment Operations		0.31			0.52			0.44			0.19			0.12			0.24
Less Distributions
Net Investment Income		(0.41	)		(0.27	)		(0.08	)		(0.33	)		(0.15	)		(0.19	)
Net Realized Gains		—			—			—			—			(0.11	)		(0.14	)
Tax Return of Capital		—			—			—			(0.02	)		—			—
Total Distributions		(0.41	)		(0.27	)		(0.08	)		(0.35	)		(0.26	)		(0.33	)
Net Asset Value, End of Period	$	10.34		$	10.44		$	10.19		$	9.83		$	9.99		$	10.13
Total Return		3.02	%(C)		5.15	%		4.52	%		1.92	%		1.22	%		2.36	%
Net Assets, End of Period (thousands)	$	3,264,848		$	3,302,095		$	2,568,774		$	2,068,235		$	1,707,132		$	1,195,610
Ratio of Expenses to Average Net Assets		0.07	%(B)		0.07	%		0.08	%		0.10	%		0.11	%		0.13	%
Ratio of Net Investment Income to Average Net Assets		2.79	%(B)		3.51	%		3.12	%		2.96	%		1.96	%		1.78	%
Portfolio Turnover Rate		17	%(C)		95	%		111	%		59	%		131	%		144	%

See page 1 & 2 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
287

THE DFA INVESTMENT TRUST COMPANY
NOTES TO FINANCIAL STATEMENTS

A. Organization:

The DFA Investment Trust Company (the "Trust") is an open-end management investment company registered under the Investment Company Act of 1940. The Trust consists of eighteen investment portfolios, of which sixteen are included in this section of the report, (collectively, the "Series") and two are presented in separate reports.

Domestic Equity Portfolios

The U.S. Large Company Series

The Enhanced U.S. Large Company Series

The U.S. Large Cap Value Series

The U.S. Small Cap Value Series

The U.S. Small Cap Series

The U.S. Micro Cap Series

Fixed Income Portfolios

The DFA One-Year Fixed Income Series

The DFA Two-Year Global Fixed Income Series

International Equity Portfolios

The DFA International Value Series

The Japanese Small Company Series

The Asia Pacific Small Company Series

The United Kingdom Small Company Series

The Continental Small Company Series

The Canadian Small Company Series

The Emerging Markets Series

The Emerging Markets Small Cap Series

At a regular meeting of the Board of Directors/Trustees (the "Board") on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Series from November 30 to October 31.

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America. Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates and those differences could be material.

1. Security Valuation: Securities held by the Domestic Equity Portfolios and the International Equity Portfolios, including over-the-counter securities, are valued at the last quoted sale price of the day. Securities held by the Domestic Equity Portfolios and the International Equity Portfolios that are listed on Nasdaq are valued at the Nasdaq Official Closing Price ("NOCP"). If there is no last reported sale price or NOCP for the day, the Domestic Equity Portfolios and International Equity Portfolios value the securities at the mean of the most recent quoted bid and asked prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end investment companies are valued using their respective n et asset values or public offering prices, as appropriate, for purchase orders placed at the close of the New York Stock Exchange (NYSE).

Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with procedures adopted by the Board of Directors/Trustees. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of the Investment Committee of the Advisor) occur before the net asset value is calculated. When fair value pricing is used, the prices of securities used by the Domestic Equity Portfolios and International Equity Portfolios may differ from the quoted or published prices for the same securities on their primary markets or exchanges.

288

For example, trading in the Japanese securities markets is completed each day at the close of the Tokyo Stock Exchange (normally, 11:00 p.m. PT), which is fourteen hours prior to the close of the NYSE (normally, 1:00 p.m. PT) and the time that the net asset values of the International Equity Portfolios are computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the time the International Equity Portfolios price their shares at the close of the NYSE, the International Equity Portfolios will fair value their foreign investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair value prices will attempt to reflect the impact of the U.S. financial markets' perceptions and trading activities on the International Equity Portfolios' foreign investments since the last closing prices of the foreign investments were c alculated on their primary foreign securities markets or exchanges. For these purposes, the Board of Directors/Trustees of the Trust have determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable. Fair valuation of portfolio securities may occur on a daily basis. The fair value pricing by the International Equity Portfolios utilizes data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). The fair value prices of portfolio securities generally will be used when it is determined that the use of such prices will have a material impact on the net asset value of an International Equity Portfolio. When an International Equity Portfolio uses fair value pricing, the values assigned to the International Equity Portfolio's foreign investments may not be the quoted or published pr ices of the investments on their primary markets or exchanges.

Fixed income instruments held by The Enhanced U.S. Large Company Series and the Fixed Income Portfolios, are valued on the basis of prices provided by one or more pricing services or other reasonably reliable sources including broker/dealers that typically handle the purchase and sale of such securities. Securities which are traded over-the counter and on a stock exchange generally will be valued according to the broadest and most representative market, and it is expected that for bonds and other fixed income securities, this ordinarily will be the over-the-counter market. Securities for which quotations are not readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with procedures adopted by the Board of Directors/Trustees.

Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Series' own assumptions in determining the fair value of investments)

289

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Series' net assets as of October 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)								Other Financial Instruments (Unrealized Appreciation/ Depreciation)*
	Level 1		Level 2		Level 3		Total		Level 1			Level 2			Level 3		Total
The U.S. Large Company Series	$	3,222,515	$	759,795		—	$	3,982,310	$	2,377			—			—	$	2,377
The Enhanced U.S. Large Company Series		9,647		188,624		—		198,271		(51,127	)	$	(429	)		—		(51,556	)
The U.S. Large Cap Value Series		6,607,903		843,542		—		7,451,445		29			—			—		29
The U.S. Small Cap Value Series		5,376,431		1,069,228		—		6,445,659		26			—			—		26
The U.S. Small Cap Series		2,020,927		515,959		—		2,536,886		—			—			—		—
The U.S. Micro Cap Series		2,908,954		597,172		—		3,506,126		—			—			—		—
The DFA International Value Series		1,004,378		4,409,502		—		5,413,880		19			—			—		19
The Japanese Small Company Series		1,816		1,386,742		—		1,388,558		—			—			—		—
The Asia Pacific Small Company Series		3,430		575,328		—		578,758		3			—			—		3
The United Kingdom Small Company Series		7,156		563,364		—		570,520		1			—			—		1
The Continental Small Company Series		11,975		1,327,436		—		1,339,411		9			—			—		9
The Canadian Small Company Series		228,337		67,885		—		296,222		—			—			—		—
The Emerging Markets Series		610,934		1,127,567		—		1,738,501		32			—			—		32
The Emerging Markets Small Cap Series		122,194		522,210		—		644,404		10			—			—		10
The DFA One-Year Fixed Income Series		—		3,215,579		—		3,215,579		—			—			—		—
The DFA Two-Year Global Fixed Income Series		—		3,230,361		—		3,230,361		—			(6,732	)		—		(6,732	)

2. Foreign Currency Translation: Securities and other assets and liabilities of The Enhanced U.S. Large Company Series, the International Equity Portfolios and The DFA Two-Year Global Fixed Income Series, whose values are initially expressed in foreign currencies, are translated to U.S. dollars using the mean between the most recently quoted bid and asked prices for the U.S. dollar as quoted by generally recognized reliable sources. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked to market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement. The Enhanced U.S. Large Company Series and The DFA Two-Year Global Fixed Income Series also enter into forward foreign currency contracts solely for the purpose of hedging against fluctuations in currency exchange rates. These contracts are also marked to market daily based on daily exchange rates.

The International Equity Portfolios do not isolate the effect of fluctuations in foreign exchange rates from the effect of fluctuations in the market prices of securities held whether realized or unrealized. However, The Enhanced U.S. Large Company Series and The DFA Two-Year Global Fixed Income Series do isolate the effect of fluctuations in foreign currency rates when determining the realized gain or loss upon the sale or maturity of foreign currency denominated debt obligations pursuant to U.S. federal income tax regulations; such amounts are categorized as foreign exchange gain or loss for both financial reporting and income tax reporting purposes.

290

Realized gains or losses on foreign currency transactions represent net foreign exchange gains or losses from the disposition of foreign currencies, currency gains or losses realized between the trade and settlement dates on securities transactions, and the difference between amounts of interest, dividends and foreign withholding taxes recorded on the books of The Enhanced U.S. Large Company Series, the International Equity Portfolios and The DFA Two-Year Global Fixed Income Series and the U.S. dollar equivalent amounts actually received or paid.

3. Deferred Compensation Plan: Each eligible Trustee of the Trust may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Trustees may defer payment of all or a portion of their total fees earned as a Trustee. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized app reciation (depreciation) and income, are included in Other Expenses for the period ended October 31, 2008 and are included in Directors'/Trustees' Fees & Expenses for the year ended November 30, 2007.

4. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. The Series estimate the character of distributions received that may be considered return of capital distributions. Interest income is recorded on an accrual basis. Discount and premium on securities purchased are amortized over the lives of the respective securities, utilizing the effective interest method. Expenses directly at tributable to a Series are directly charged. Common expenses of the Trust or Series are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

The International Portfolios may be subject to taxes imposed by countries in which they invest, with respect to their investments in issuers existing or operating in such countries. Such taxes are generally based on income earned or repatriated and capital gains realized on the sale of such investments. The funds accrue such taxes when the related income or capital gains are earned or throughout the holding period. Some countries require governmental approval for the repatriation of investment income, capital or the proceeds of sales earned by foreign investors. In addition, if there is a deterioration in a country's balance of payments or for other reasons, a country may impose temporary restrictions on foreign capital remittances abroad.

The Emerging Markets Series and The Emerging Markets Small Cap Series investments in Thailand are subject to a 15% governmental capital gains tax. Such taxes are due upon sale of individual securities. The Emerging Markets Series and The Emerging Markets Small Cap Series accrue for taxes on the capital gains throughout the holding period based on the unrealized gain of the underlying securities. These funds are also subject to a 10% governmental capital gains tax on short-term capital gains for investments in India. Such taxes are due upon sale of individual securities. The taxes for the capital gains are accrued when the capital gains are earned.

C. Investment Advisor:

Dimensional Fund Advisors LP ("Dimensional" or the "Advisor") provides investment advisory services to the Trust. For the period December 1, 2007 to October 31, 2008, the Series' investment advisory services fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:

The U.S. Large Company Series	0.025	%

The Enhanced U.S. Large Company Series	0.05	%

The U.S. Large Cap Value Series	0.10	%

The U.S. Small Cap Value Series	0.20	%

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The U.S. Small Cap Series	0.03	%

The U.S. Micro Cap Series	0.10	%

The DFA International Value Series	0.20	%

The Japanese Small Company Series	0.10	%

The Asia Pacific Small Company Series	0.10	%

The United Kingdom Small Company Series	0.10	%

The Continental Small Company Series	0.10	%

The Canadian Small Company Series	0.10	%

The Emerging Markets Series	0.10	%

The Emerging Markets Small Cap Series	0.20	%

The DFA One-Year Fixed Income Series	0.05	%

The DFA Two-Year Global Fixed Income Series	0.05	%

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Trust; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Trust. For period December 1, 2007 to October 31, 2008, the total related amounts paid by the Trust to the CCO were $106 (in thousands). The total related amounts paid by each of the Series are included in Other Expenses on the Statement of Operations.

D. Deferred Compensation:

The U.S. Large Company Series	$	62
The Enhanced U.S. Large Company Series		4
The U.S. Large Cap Value Series		134
The U.S. Small Cap Value Series		112
The U.S. Small Cap Series		43
The U.S. Micro Cap Series		59
The DFA International Value Series		117
The Japanese Small Company Series		19
The Asia Pacific Small Company Series		14
The United Kingdom Small Company Series		14
The Continental Small Company Series		29
The Canadian Small Company Series		5
The Emerging Markets Series		44
The Emerging Markets Small Cap Series		17
The DFA One-Year Fixed Income Series		50
The DFA Two-Year Global Fixed Income Series		49

E. Purchases and Sales of Securities:

For the period December 1, 2007 to October 31, 2008, the Series made the following purchases and sales of investment securities, other than short-term securities (amounts in thousands):

	U.S. Government Securities				Other Investment Securities
	Purchases		Sales		Purchases		Sales
The U.S. Large Company Series		—		—	$	712,184	$	245,176
The Enhanced U.S. Large Company Series	$	103,147	$	54,126		77,937		87,948
The U.S. Large Cap Value Series		—		—		2,227,129		1,690,939

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	U.S. Government Securities				Other Investment Securities
	Purchases		Sales		Purchases		Sales
The U.S. Small Cap Value Series		—		—	$	2,404,320	$	2,957,018
The U.S. Small Cap Series		—		—		785,077		1,246,407
The U.S. Micro Cap Series		—		—		876,260		1,252,839
The DFA International Value Series		—		—		1,266,540		1,523,257
The Japanese Small Company Series		—		—		130,404		143,170
The Asia Pacific Small Company Series		—		—		186,360		282,035
The United Kingdom Small Company Series		—		—		254,559		246,764
The Continental Small Company Series		—		—		359,725		350,354
The Canadian Small Company Series		—		—		385,418		73,101
The Emerging Markets Series		—		—		564,288		1,065,835
The Emerging Markets Small Cap Series		—		—		222,594		390,326
The DFA One-Year Fixed Income Series	$	1,376,350	$	206,075		368,562		159,474
The DFA Two-Year Global Fixed Income Series		943,936		—		526,783		390,100

F. Federal Income Taxes:

It is the intention of The Enhanced U.S. Large Company Series, The U.S. Large Cap Value Series, The U.S. Small Cap Value Series, The U.S. Small Cap Series, The U.S. Micro Cap Series, The DFA International Value Series, The DFA One-Year Fixed Income Series and The DFA Two-Year Global Fixed Income Series each to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code and to distribute substantially all of their taxable income and capital gains to its shareholders.

The U.S. Large Company Series, The Japanese Small Company Series, The Asia Pacific Small Company Series, The United Kingdom Small Company Series, The Continental Small Company Series, The Canadian Small Company Series, The Emerging Markets Series and The Emerging Markets Small Cap Series are treated as partnerships for federal income tax purposes and therefore, no provision for federal income taxes is required. Any net investment income and realized and unrealized gains and losses have been deemed to have been "passed down" to their respective partners.

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of October 31, 2008, primarily attributable to in-kind transactions, were reclassified to the following accounts. These reclassifications had no effect on net assets or net asset value per share (amounts in thousands):

	Increase (Decrease) Paid-In Capital		Increase (Decrease) Undistributed Net Investment Income			Increase (Decrease) Accumulated Net Realized Gains (Losses)
The Enhanced U.S. Large Company Series	$	14,673	$	(1,589	)	$	(13,084	)
The U.S. Large Cap Value Series		52,271		—			(52,271	)
The U.S. Small Cap Value Series		416,268		(12,720	)		(403,548	)
The U.S. Small Cap Series		95,343		(8,349	)		(86,994	)
The U.S. Micro Cap Series		137,317		(9,684	)		(127,633	)
The DFA International Value Series		123,628		(20,126	)		(103,502	)
The DFA One-Year Fixed Income Series		8,941		(8,941	)		—
The DFA Two-Year Global Fixed Income Series		66,118		11,108			(77,226	)

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The tax character of dividends and distributions declared and paid during the years ended November 30, 2006, November 30, 2007, and the period December 1, 2007 to October 31, 2008 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
The Enhanced U.S. Large Company Series
2006	$	4,468	$	4,136	$	8,604
2007		22,007		14,452		36,459
2008		31,658		4,162		35,820
The U.S. Large Cap Value Series
2006		141,704		186,026		327,730
2007		160,367		463,876		624,243
2008		168,022		—		168,022
The U.S. Small Cap Value Series
2006		142,640		678,973		821,613
2007		205,518		868,642		1,074,160
2008		113,153		1,391,671		1,504,824
The U.S. Small Cap Series
2006		71,422		153,072		224,494
2007		86,268		200,073		286,341
2008		47,794		290,788		338,582
The U.S. Micro Cap Series
2006		119,309		336,642		455,951
2007		127,405		375,219		502,624
2008		116,845		448,150		564,995
The DFA International Value Series
2006		213,585		115,307		328,892
2007		293,050		185,943		478,993
2008		336,790		613,845		950,635
The DFA One-Year Fixed Income Series
2006		90,843		—		90,843
2007		152,964		—		152,964
2008		106,601		—		106,601
The DFA Two-Year Global Fixed Income Series
2006		19,326		—		19,326
2007		79,311		—		79,311
2008		130,982		—		130,982

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At October 31, 2008, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):

				Undistributed Net Investment Income and Short-Term Capital Gains				Undistributed Long-Term Capital Gains				Capital Loss Carryforward				Total Net Distributable Earnings (Accumulated Losses)
The U.S. Large Cap Value Series				$	66				—			$	(542,039	)		$	(541,973	)

For federal income tax purposes, the Trust measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2008, the following Series' had capital loss carryforwards available to offset future realized capital gains through the indicated expiration dates (amounts in thousands):

	Expires on October 31,
	2012		2013		2014		2015		2016		Total
The U.S. Large Cap Value Series		—		—		—	$	118,411	$	423,628	$	542,039

Some of the Series' investments are in securities considered to be "passive foreign investment companies" for which any unrealized appreciation (depreciation) (mark to market) and/or realized gains are required to be included in distributable net investment income for federal income tax purposes. At October 31, 2008, the following Series' had cumulative unrealized appreciation (depreciation) (mark to market) to be included in distributable net investment income for federal tax purposes. For the period December 1, 2007 to October 31, 2008, realized gains on the sale of passive foreign investment companies have been reclassified from accumulated net realized gains to accumulated net investment income for federal tax purposes. Amounts listed below are in thousands.

	Mark to Market		Realized Gains
The Japanese Small Company Series	$	801	$	1,131
The Asia Pacific Small Company Series		108		188
The United Kingdom Small Company Series		4,045		3,276
The Continental Small Company Series		669		25
The Emerging Markets Series		108		—
The Emerging Markets Small Cap Series		199		—

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
The U.S. Large Company Series	$	4,340,356	$	574,021	$	(932,067	)	$	(358,046	)
The U.S. Large Cap Value Series		9,332,438		582,282		(2,463,275	)		(1,880,993	)
The Japanese Small Company Series		1,832,932		50,880		(495,254	)		(444,374	)
The Asia Pacific Small Company Series		841,797		34,402		(297,440	)		(263,038	)
The United Kingdom Small Company Series		862,577		40,352		(332,409	)		(292,057	)
The Continental Small Company Series		1,640,246		150,203		(451,038	)		(300,835	)
The Canadian Small Company Series		582,126		554		(286,458	)		(285,904	)
The Emerging Markets Series		1,346,314		480,062		(87,875	)		392,187
The Emerging Markets Small Cap Series		886,204		52,560		(294,360	)		(241,800	)

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federal income tax returns for all open tax years (tax years ended November 30, 2005 through the period ended October 31, 2008), for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Series' financial statements.

On October 22, 2008, The U.S. Micro Cap Series and The U.S. Small Cap Value Series and on October 25, 2008 The U.S. Small Cap Series, each a master fund in a RIC/RIC master feeder structure each with a RIC feeder ("the Portfolios"), having 100% investment in their respective master fund, have each made a "Check-the-box" election for federal income tax purposes pursuant to Treasury Regulation § 301.7701-3, to change their federal entity classifications from a corporation taxable as a regulated investment company to a disregarded entity. As a result of this election for tax purposes, each master fund is deemed to have liquidated and distributed all of its assets and liabilities to its owners, the respective portfolios (the RIC feeders), with the respective portfolios deemed the surviving entities. The final tax year end of the Master Funds was October 21, 2008 for The U.S. Micro Cap Series and The U.S. Small Cap Value Series and October 2 4, 2008 for The U.S. Small Cap Series. For Federal income tax purposes, pursuant to Code §337(a), each of the master funds recognizes no gain or loss and, pursuant to Code §332(a), each of the Portfolios recognizes no gain or loss, on the deemed liquidation. However, pursuant to IRC §332 (c), each of the aforementioned Portfolios, has recognized the master fund's deemed dividend, which was distributed as part of the deemed liquidating distribution, as taxable income.

Pursuant to Code §§ 334(b)(1) and 1223, each of the Portfolios will maintain each respective master fund's holding period and tax basis in the assets deemed transferred to the respective Portfolio.

	Increase (Decrease) Paid-In Capital			Unrealized Appreciation (Depreciation) Investment Securities		Increase (Decrease) Undistributed Net Investment Income		Increase (Decrease) Accumulated Net Realized Gains (Losses)
The U.S. Micro Cap Series	$	(1,265,661	)	$	1,255,055	$	59	$	10,547
The U.S. Small Cap Value Series		(3,245,134	)		3,217,140		113		27,881
The U.S. Small Cap Series		(1,198,194	)		1,190,062		42		8,090

	Increase (Decrease) Paid-in Capital			Unrealized Appreciation (Depreciation) Investment Securities		Increase (Decrease) Undistributed Net Investment Income			Increase (Decrease) Accumulated Net Realized Gain(Losses)
U.S. Micro Cap Portfolio	$	(658,120	)	$	473,720	$	(102	)	$	184,502
U.S. Small Cap Value Portfolio		(1,345,309	)		1,000,380		(200	)		345,129
U.S. Small Cap Portfolio		(409,380	)		270,782		(77	)		138,675

For financial reporting purposes, this transaction had no impact on the net assets of the respective funds.

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G. Financial Instruments:

2. Forward Currency Contracts: The Enhanced U.S. Large Company Series and The DFA Two-Year Global Fixed Income Series may enter into forward foreign currency contracts only to hedge against adverse changes in the relationship of the U.S. dollar to foreign currencies. At October 31, 2008, The Enhanced U.S. Large Company Series and The DFA Two-Year Global Fixed Income Series had entered into the following contracts and the net unrealized foreign exchange gain/(Ioss) is reflected in the accompanying financial statements (amounts in thousands):

The Enhanced U.S. Large Company Series

Settlement Date	Currency Amount		Currency Sold	Contract Amount		Value at Oct. 31, 2008		Unrealized Foreign Exchange Gain (Loss)
11/06/08		7,498	Australian Dollar	$	4,669	$	4,980	$	(311	)
11/14/08		701,504	Japanese Yen		7,007		7,125		(118	)
				$	11,676	$	12,105	$	(429	)

The DFA Two-Year Global Fixed Income Series

Settlement Date	Currency Amount		Currency Sold	Contract Amount		Value at Oct. 31, 2008		Unrealized Foreign Exchange Gain (Loss)
11/06/08		10,114	Australian Dollar	$	6,304	$	6,717	$	(413	)
11/06/08		101,659	Swiss Franc		87,285		87,667		(382	)
11/20/08		31,781,634	Japanese Yen		316,916		322,853		(5,937	)
				$	410,505	$	417,237	$	(6,732	)

3. Foreign Markets Risks: Investments in foreign markets may involve certain consideration and risks not typically associated with investments in the United States of America, including the possibility of future political and economic developments and the level of foreign government supervision and regulation of foreign securities markets. These markets are generally smaller, less liquid and more volatile than the major securities markets in the United States of America. Consequently, acquisition and disposition of securities by the Master Funds may be inhibited.

4. Futures Contracts: During the period ended October 31, 2008, the Series entered into futures contracts in accordance with their investment objectives. Upon entering into a futures contract, the Series deposit cash or pledge U.S. Government securities to a broker, equal to the minimum "initial margin" requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as "variation margin" and are recorded daily by the Series as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Series record a realized gain or loss equal to the difference between the value of the contrac t at the time it was opened and the value at the time it was closed.

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At October 31, 2008, the following funds had the following outstanding futures contracts (dollar amounts in thousands):

Fund	Description	Expiration Date	Number of Contracts		Contract Value		Unrealized Gain (Loss)			Approximate Cash Collateral
The U.S. Large Company Series	S&P 500 Index^®	12/19/2008		155	$	37,483	$	2,377		$	3,836
The Enhanced U.S. Large Company Series*	S&P 500 Index^®	12/19/2008		810		195,878		(51,127	)		—
The U.S. Large Cap Value Series	S&P 500 Index^®	12/19/2008		235		56,829		29			5,816
The U.S. Small Cap Value Series	S&P 500 Index^®	12/19/2008		215		51,992		26			5,321
The DFA International Value Series	S&P 500 Index^®	12/19/2008		156		37,725		19			3,861
The Asia Pacific Small Company Series	S&P 500 Index^®	12/19/2008		22		5,320		3			545
The United Kingdom Small Company Series	S&P 500 Index^®	12/19/2008		12		2,902		1			297
The Continental Small Company Series	S&P 500 Index^®	12/19/2008		79		19,104		9			1,955
The Emerging Markets Series	S&P 500 Index^®	12/19/2008		266		64,325		32			6,584
The Emerging Markets Small Cap Series	S&P 500 Index^®	12/19/2008		79		19,104		10			1,955

* Some of Enhanced's securties have been segregated as collateral for the open futures contracts. See Schedule of Investments.

H. Line of Credit:

For the period December 1, 2007 to October 31, 2008, borrowings by the Series under this line of credit were as follows (amounts in thousands, except percentages and days):

	Weighted Average Interest Rate			Weighted Average Loan Balance		Number of Days Outstanding		Interest Expense Incurred		Maximum Amount Borrowed During the Period
The U.S. Large Company Series		3.85	%	$	7,724		5	$	4	$	14,811
The U.S. Large Cap Value Series		4.03	%		5,774		4		3		5,880
The U.S. Small Cap Value Series		4.54	%		9,025		12		14		32,000
The U.S. Small Cap Series		4.74	%		21,400		25		70		75,420
The U.S. Micro Cap Series		3.78	%		4,070		20		9		12,307

There were no outstanding borrowings by the Series under this line of credit during the period December 1, 2007 to October 31, 2008.

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The Trust, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2009.

For the period December 1, 2007 to October 31, 2008, borrowings by the Series under this line of credit were as follows (amounts in thousands, except percentages and days):

	Weighted Average Interest Rate			Weighted Average Loan Balance		Number of Days Outstanding		Interest Expense Incurred		Maximum Amount Borrowed During the Period
The DFA International Value Series		3.68	%	$	8,004		31	$	25	$	27,822
The Japanese Small Company Series		3.08	%		1,444		29		4		5,273
The Asia Pacific Small Company Series		3.61	%		2,912		15		4		6,179
The United Kingdom Small Company Series		3.50	%		681		10		1		4,103
The Continental Small Company Series		4.09	%		971		11		1		3,466
The Canadian Small Company Series		3.72	%		2,074		1		—		2,074
The Emerging Markets Series		3.52	%		6,846		56		37		18,238
The Emerging Markets Small Cap Series		3.21	%		2,143		39		7		5,337

At October 31, 2008, The Emerging Markets Series and The Emerging Markets Small Cap Series had loans outstanding in the amounts of $1,079 and $4,963, respectively.

I. Securities Lending:

As of October 31, 2008, some of the Series had securities on loan to brokers/dealers, for which each Series held cash collateral. Each Series invests the cash collateral, as described below, and records a liability for the return of the collateral, during the period the securities are on loan. Loans of securities are expected at all times to be secured by collateral equal to at least (i) 100% of the current market value of the loaned securities with respect to securities of the U.S. government or its agencies, (ii) 102% of the current market value of the loaned securities with respect to U.S. securities, and (iii) 105% of the current market value of the loaned securities with respect to foreign securities. However, daily market fluctuations could cause the Series' collateral to be lower or higher than the expected thresholds. If this were to occur, the collateral would be adjusted the next business day to ensure adequate collateralization. I n the event of default or bankruptcy by the other party to the agreement, realization and/or retention of the collateral may be subject to legal proceedings. If the borrower fails to return loaned securities, and cash collateral being maintained by the borrower is insufficient to cover the value of loaned securities and provided such collateral insufficiency is not the result of investment losses, the lending agent has agreed to pay the amount of the shortfall to the Series or, at the option of the lending agent, to replace the securities.

Subject to each Series' investment policy, the cash collateral received by the Series from securities on loan is invested in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies or shares of the DFA Short Term Investment Fund LP. Agencies include both agency debentures and agency mortgage backed securities. In addition, each Series will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible to be taxed at qualified dividend income rates.

J. Indemnitees; Contractual Obligations:

Under the Trust's organizational documents, its officers and directors are indemnified against certain liabilities arising out of the performance of their duties to the Trust.

299

unknown as this would involve future claims that may be made against the Trust and/or its affiliates that have not yet occurred. However, based on experience, the Trust expects the risk of loss to be remote.

K. In-Kind Redemptions:

In accordance with guidelines described in the Series' prospectus, the fund may distribute portfolio securities rather than cash as payment for a redemption of fund shares (in-kind redemption). For financial reporting purposes, the fund recognizes a gain on in-kind redemptions to the extent the value of the distributed securities on the date of redemption exceeds the cost of those securities. Gains and losses realized on in-kind redemptions are not recognized for tax purposes and are reclassified from undistributed realized gain (loss) to paid-in capital.

During the period December 1, 2007 to October 31, 2008, the following Series realized net gains (losses) of in-kind redemptions (amounts in thousands):

The U.S. Large Company Series	$	24,362
The U.S. Large Cap Value Series		52,271
The U.S. Small Cap Value Series		40,823
The U.S. Small Cap Series		55,442
The DFA International Value Series		103,024
The Japanese Small Company Series		1,625
The Asia Pacific Small Company Series		4,018
The United Kingdom Small Company Series		6,873
The Continental Small Company Series		16,564
The Canadian Small Company Series		(2,616	)

L. Recently Issued Accounting Standards and Interpretation:

In March 2008, Statement of Financial Accounting Standards No. 161, Disclosures about Derivative Instruments and Hedging Activities ("FAS 161"), was issued and is effective for fiscal years beginning after November 15, 2008. FAS 161 defines new disclosures of derivative instruments and hedging activities. Management is currently evaluating the implications of FAS 161. At this time, its impact on the Series' financial statements has not been determined.

M. Subsequent Event Note:

300

The master fund had book/tax differences upon its deemed liquidation. The following summary of permanent differences occurred as of the respective effective "Check the Box" election date.

Increase (Decrease) Paid-In Capital				Unrealized Appreciation (Depreciation) Investment Securities				Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains (Losses)
$	(2,187,614,395	)		$	2,319,051,847			$	(602,214	)		$	(130,835,238	)

	Unrealized Appreciation (Depreciation) Investment Securities			Increase (Decrease) Accumulated Net Realized Gains (Losses)
DFA International Value Portfolio	$	1,598,039,236		$	(1,598,039,236	)
DFA International Value Portfolio II		49,859,737			(49,859,737	)
DFA International Value Portfolio III		155,866,882			(155,866,882	)
DFA International Value Portfolio IV		82,052,198			(82,052,198	)
LWAS/DFA International High Book To Market Portfolio		(19,800,535	)		19,800,535

For financial reporting purposes, this transaction had no impact on the net assets of the respective funds.

Pursuant to Code §§ 334(b(1) and 1223, the Portfolio will maintain the Master Fund's holding period and tax basis in the assets deemed transferred to the Portfolio.

The master fund had book/tax differences upon its deemed liquidation. The following summary of permanent differences occurred as of the respective effective "Check the Box" election date.

Increase (Decrease) Paid-In Capital				Unrealized Appreciation (Depreciation) Investment Securities				Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains (Losses)
$	(117,037,950	)		$	52,451,710			$	(425,031	)		$	65,011,271

301

Increase (Decrease) Paid-In Capital				Unrealized Appreciation (Depreciation) Investment Securities				Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains (Losses)
$	64,118,768			$	59,581,296			$	(429,063	)		$	(123,271,001	)

For financial reporting purposes, this transaction had no impact on the net assets of the the fund.

Each master fund had book/tax differences upon its deemed liquidation. The following summary of permanent differences occurred as of the respective effective "Check the Box" election date.

	Increase (Decrease) Paid-In Capital			Unrealized Appreciation (Depreciation) Investment Securities			Increase (Decrease) Undistributed Net Investment Income			Increase (Decrease) Accumulated Net Realized Gains (Losses)
The DFA One-Year Fixed Income Series	$	(27,616,090	)	$	11,473,625		$	49,753		$	16,092,712
The DFA Two-Year Global Fixed Income Series		21,245,521			(39,613,298	)		(6,979,642	)		25,347,419

302

	Increase (Decrease) Paid-In Capital		Unrealized Appreciation (Depreciation) Investment Securities			Increase (Decrease) Undistributed Net Investment Income			Increase (Decrease) Accumulated Net Realized Gains (Losses)
DFA One-Year Fixed Income Portfolio	$	23,017,604	$	(17,665,726	)		—		$	(5,351,878	)
DFA Two-Year Global Fixed Income Portfolio		58,589,854		(42,686,199	)	$	(6,443,265	)		(9,460,390	)
Global 60/40 Portfolio		—		(3,046,638	)		—			3,046,638
Global 25/75 Portfolio		—		(1,370,411	)		—			1,370,411

For financial reporting purposes, this transaction had no impact on the net assets of the respective funds.

303

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders of the Series, as defined, and
Board of Trustees of The DFA Investment Trust Company:

In our opinion, the accompanying statements of assets and liabilities, including the schedules of investments/
summary schedules of portfolio holdings, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of The U.S. Large Company Series, The Enhanced U.S. Large Company Series, The U.S. Large Cap Value Series, The U.S. Small Cap Value Series, The U.S. Small Cap Series, The U.S. Micro Cap Series, The DFA International Value Series, The Japanese Small Company Series, The Asia Pacific Small Company Series, The United Kingdom Small Company Series, The Continental Small Company Series, The Canadian Small Company Series, The Emerging Markets Series, The Emerging Markets Small Cap Series, The DFA One-Year Fixed Income Series and The DFA Two-Year Global Fixed Income Series (constituting portfolios within The DFA Investment Trust Company, hereafter referred to as the "Series") at October 31, 2008, the results of each of their operations, the changes in each of their net assets and the financial highlights for each of the periods indicated, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Series' management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles u sed and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at October 31, 2008 by correspondence with the custodians and brokers, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania
December 22, 2008

304

FUND MANAGEMENT

Trustees/Directors

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

Disinterested Trustees/Directors

George M. Constantinides
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue Chicago, IL 60637
Age: 61

DFAITC - since 1993
DFAIDG - since 1983
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Leo Melamed Professor of Finance, The University of Chicago Booth School of Business.

305

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

John P. Gould
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue
Chicago, IL 60637
Age: 69

DFAITC - since 1993
DFAIDG - since 1986
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Roger G. Ibbotson
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Yale School of Management
P.O. Box 208200
New Haven, CT 06520-8200
Age: 65

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Robert C. Merton
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Harvard Business School
353 Baker Library
Soldiers Field
Boston, MA 02163
Age: 64

DFAITC - since 2003
DFAIDG - since 2003
DIG - since 2003
DEM - since 2003

96 portfolios in 4 investment companies

Myron S. Scholes
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Platinum Grove Asset Management, L.P.
Reckson Executive Park
1100 King Street
Building 4
Rye Brook, NY 10573
Age: 67

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Abbie J. Smith
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue
Chicago, IL 60637
Age: 55

DFAITC - since 2000
DFAIDG - since 2000
DIG - since 2000
DEM - since 2000

96 portfolios in 4 investment companies

306

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

Interested Trustees/Directors*

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1992
DEM - since 1993

96 portfolios in 4 investment companies

Rex A. Sinquefield
The Show Me Institute
7777 Bonhomme Ave.,
Suite 2150 St. Louis, MO 63105
Age: 64

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1992
DEM - since 1993

96 portfolios in 4 investment companies

¹ Each Trustee/Director holds office for an indefinite term until his or her successor is elected and qualified.

² Each Trustee/Director is a director or trustee of each of the four registered investment companies within the DFA Fund Complex, which includes the Funds.

307

Officers

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
		Officers

April A. Aandal Vice President Age: 35	Since 2008	Vice President of all the DFA Entities.

Darryl D. Avery Vice President Age: 42	Since 2005	Vice President of all the DFA Entities. From June 2002 to January 2005, institutional client service representative of Dimensional.

Arthur H. Barlow Vice President Age: 52	Since 1993	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Scott A. Bosworth Vice President Age: 39	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since November 1997).

Valerie A. Brown Vice President and Assistant Secretary Age: 41	Since 2001	Vice President and Assistant Secretary of all the DFA Entities, DFA Australia Limited, Dimensional Fund Advisors Ltd., and since June 2003, Dimensional Fund Advisors Canada Inc.

David P. Butler Vice President Age: 44	Since 2007	Vice President of all the DFA Entities. Director of US Financial Services of Dimensional (since January 2005). Formerly, Regional Director of Dimensional Fund Advisors LP (January 1995 to January 2005).

Patrick Carter Vice President Age: 46	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since March 2006). Formerly, Director of Merrill Lynch Retirement Group (December 1998 to March 2006).

Stephen A. Clark Vice President Age: 36	Since 2004	Vice President of all the DFA Entities, April 2001 to April 2004, Portfolio Manager of Dimensional.

Robert P. Cornell Vice President Age: 59	Since 2007	Vice President of all the DFA Entities. Regional Director of Financial Services Group of Dimensional (since August 1993).

Christopher S. Crossan Vice President and Chief Compliance Officer Age: 42	Since 2004	Vice President and Chief Compliance Officer of all the DFA Entities. Formerly, Senior Compliance Officer, INVESCO Institutional, Inc. and its affiliates (August 2000 to January 2004).

James L. Davis Vice President Age: 51	Since 1999	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Robert T. Deere Vice President Age: 51	Since 1994	Vice President of all the DFA Entities and DFA Australia Limited.

Robert W. Dintzner Vice President Age: 38	Since 2001	Vice President of all the DFA Entities. Prior to April 2001, marketing supervisor and marketing coordinator for Dimensional.

308

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Kenneth Elmgren Vice President Age: 54	Since 2007	Vice President of all the DFA Entities. Formerly, Managing Principal of Beverly Capital (May 2004 to September 2006); Principal of Wydown Capital (September 2001 to May 2004).

Richard A. Eustice Vice President and Assistant Secretary Age: 43	Since 1998	Vice President and Assistant Secretary of all the DFA Entities and DFA Australia Limited. Formerly, Vice President of Dimensional Fund Advisors Ltd.

Eugene F. Fama, Jr. Vice President Age: 47	Since 1993	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Gretchen A. Flicker Vice President Age: 37	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, institutional client service representative of Dimensional.

Jed S. Fogdall Vice President Age: 34	Since 2008	Vice President of all the DFA Entities. Portfolio Manager for Dimensional (since September 2004). Prior to September 2004, Staff Engineer at the Boeing Company (1997-2004); Graduate Student at the University of California, Los Angeles (2002-2003).

Glenn S. Freed Vice President Age: 46	Since 2001	Vice President of all the DFA Entities.

Mark R. Gochnour Vice President Age: 41	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional.

Henry F. Gray Vice President Age: 41	Since 2000	Vice President of all the DFA Entities. Prior to July 2000, Portfolio Manager of Dimensional. Formerly, Vice President of DFA Australia Limited.

John T. Gray Vice President Age: 34	Since 2007	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (January 2005 to February 2007).

Darla Hastings Vice President Age: 53	Since 2007	Vice President of all the DFA Entities. Chief Marketing Officer of Dimensional. Formerly, Senior Vice President, Customer Experience for Benchmark Assisted Living (May 2005 to April 2006); Executive Vice President and Chief Marketing Officer of State Street Corporation (September 2001 to October 2005).

Joel H. Hefner Vice President Age: 40	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since June 1998).

Julie Henderson Vice President and Fund Controller Age: 34	Since 2005	Vice President and Fund Controller of all the DFA Entities. Formerly, Senior Manager at PricewaterhouseCoopers LLP (July 1996 to April 2005).

Kevin Hight Vice President Age: 40	Since 2005	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (since March 2003 to March 2005).

Christine W. Ho Vice President Age: 40	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Assistant Controller of Dimensional.

Jeff J. Jeon Vice President Age: 34	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Counsel of Dimensional.

Patrick M. Keating Vice President Age: 53	Since 2003	Vice President of all the DFA Entities and Chief Operating Officer of Dimensional. Director, Vice President and Chief Privacy Officer of Dimensional Fund Advisors Canada Inc. Director of DFA Australia Limited.

309

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Joseph F. Kolerich Vice President Age: 36	Since 2004	Vice President of all the DFA Entities. From April 2001 to April 2004, Portfolio Manager for Dimensional.

Michael F. Lane Vice President Age: 41	Since 2004	Vice President of all the DFA Entities. Formerly, Vice President of Advisor Services at TIAA-CREF (July 2001 to September 2004).

Kristina M. LaRusso Vice President Age: 33	Since 2006	Vice President of all DFA Entities. Formerly, Operations Supervisor of Dimensional (March 2003 to December 2006).

Inmoo Lee Vice President Age: 42	Since 2007	Vice President of all the DFA Entities. Associate Professor Department of Finance and Accounting, Business School, National University of Singapore (July 2004 to present); Associate Professor, College of Business Administration, Korea University (September 2001 to May 2006).

Juliet Lee Vice President Age: 37	Since 2005	Vice President of all the DFA Entities. Human Resources Manager of Dimensional (since January 2004). Formerly, Assistant Vice President for Metropolitan West Asset Management LLC (February 2001 to December 2003).

Aaron M. Marcus Vice President & Head of Global Human Resources Age: 38	Since 2008	Vice President and Head of Global Human Resources of Dimensional. Formerly, Global Head of Recruiting and Vice President of Goldman Sachs & Co. (June 2006 to January 2008); Global Co-Head of HR of the Equities & FICC Division, and Vice President of Goldman Sachs & Co. (May 2005 to May 2006); Head of Americas Campus Recruiting and Vice President of Goldman Sachs & Co. (April 2003 to May 2005).

David R. Martin Vice President, Chief Financial Officer and Treasurer Age: 51	Since 2007	Vice President, Chief Financial Officer and Treasurer of all the DFA Entities. Director, Vice President, Chief Financial Officer and Treasurer of Dimensional Fund Advisors Ltd. and DFA Australia Limited. Chief Financial Officer, Treasurer, and Vice President of Dimensional Fund Advisors Canada Inc. Director of Dimensional Funds PLC and Dimensional Funds II PLC. Formerly, Executive Vice President and Chief Financial Officer of Janus Capital Group Inc. (June 2005 to March 2007); Senior Vice President of Finance at Charles Schwab & Co., Inc. (March 1999 to May 2005).

Catherine L. Newell Vice President and Secretary Age: 44	Vice President since 1997 and Secretary since 2000	Vice President and Secretary of all the DFA Entities. Director, Vice President and Assistant Secretary of DFA Australia Limited (since February 2002, April 1997 and May 2002, respectively). Vice President and Secretary of Dimensional Fund Advisors Canada Inc. (since June 2003). Director, Dimensional Funds PLC and Dimensional Funds II PLC (since January 2002). Formerly, Assistant Secretary of all DFA Entities and Dimensional Fund Advisors Ltd.

Gerard K. O'Reilly Vice President Age: 31	Since 2007	Vice President of all the DFA Entities. Formerly, Research Associate of Dimensional Fund Advisors LP (2004 to 2006); Research Assistant in PhD program, Aeronautics Department California Institute of Technology (1998 to 2004).

Carmen Palafox Vice President Age: 34	Since 2006	Vice President of all the DFA Entities. Operations Manager of Dimensional Fund Advisors LP (since May 1996).

Sonya Park Vice President Age: 36	Since 2005	Vice President of all the DFA Entities. From February 2002 to January 2005, institutional client service representative of Dimensional.

David A. Plecha Vice President Age: 47	Since 1993	Vice President of all the DFA Entities, DFA Australia Limited and Dimensional Fund Advisors Ltd..

Ted Randall Vice President Age: 35	Since 2008	Vice President of all the DFA Entities. Formerly, Research Associate of Dimensional (2006-2008). Systems Developer of Dimensional (2001-2006).

310

Name, Position with the Fund and Age	Term of Office¹and Length of Service		Principal Occupation(s) During Past 5 Years
Eduardo A. Repetto Vice President and Chief Investment Officer Age: 41	Since 2002		Chief Investment Officer (beginning March 2007) and Vice President of all the DFA Entities, DFA Australia Limited and Dimensional Fund Advisors Canada Inc. Formerly, Research Associate for Dimensional (June 2000 to April 2002).

L. Jacobo Rodriguez Vice President Age: 37	Since 2005		Vice President of all the DFA Entities. From August 2004 to July 2005, institutional client service representative of Dimensional. Formerly, Financial Services Analyst, Cato Institute (September 2001 to June 2004); Book Review Editor, Cato Journal, Cato Institute (May 1996 to June 2004).

David E. Schneider Vice President Age: 62	Since 2001		Vice President of all the DFA Entities. Currently, Director of Institutional Services.

Ted R. Simpson Vice President Age: 40	Since 2007		Vice President of all the DFA Entities. Regional Director of Dimensional (since December 2002).

Bryce D. Skaff Vice President Age: 33	Since 2007		Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (December 1999 to January 2007).

Grady M. Smith Vice President Age: 51	Since 2004		Vice President of all the DFA Entities. Prior to April 2004, Portfolio Manager of Dimensional.

Carl G. Snyder Vice President Age: 45	Since 2000		Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited.

Lawrence R. Spieth Vice President Age: 60	Since 2004		Vice President of all the DFA Entities. Prior to April 2004, Regional Director of Dimensional.

Bradley G. Steiman Vice President Age: 35	Since 2004		Vice President of all the DFA Entities and Director and Vice President of Dimensional Fund Advisors Canada Inc.

Karen E. Umland Vice President Age: 42	Since 1997		Vice President of all the DFA Entities, DFA Australia Limited, Dimensional Fund Advisors Ltd., and since June 2003, Dimensional Fund Advisors Canada Inc.

Carol W. Wardlaw Vice President Age: 49	Since 2004		Vice President of all the DFA Entities. Prior to April 2004, Regional Director of Dimensional.

Weston J. Wellington Vice President Age: 57	Since 1997		Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited.

Daniel M. Wheeler Vice President Age: 63	Since 2001		Vice President of all the DFA Entities. Prior to 2001 and currently, Director of Financial Advisors Services of Dimensional. Director of Dimensional Fund Advisors Ltd. (since October 2003) and President of Dimensional Fund Advisors Canada Inc. (since June 2003).

Ryan Wiley Vice President Age: 32	Since 2007		Vice President of all the DFA Entities. Senior Trader of Dimensional. Formerly, Portfolio Manager (2006 to 2007); Trader (2001 to 2006).

Paul E. Wise Vice President Age: 53	Since 2005	��	Vice President of all the DFA Entities. Chief Technology Officer for Dimensional (since 2004). Formerly, Principal of Turnbuckle Management Group (January 2002 to August 2004).

¹ Each officer holds office for an indefinite term at the pleasure of the Boards of Trustee/Directors and until his or her successor is elected and qualified.

311

VOTING PROXIES ON FUND PORTFOLIO SECURITIES

A description of the policies and procedures that the Fund and the Trust use in voting proxies relating to securities held in the portfolios is available without charge, upon request, by calling collect: (310) 395-8005. Information regarding how the Advisor votes these proxies is available from the EDGAR database on the SEC's website at http://www.sec.gov and from the Advisor's website at http://www.dimensional.com and reflects the twelve-month period beginning July 1st and ending June 30th.

312

NOTICE TO SHAREHOLDERS

(Unaudited)

For shareholders that do not have an October 31, 2008 tax year end, this notice is for informational purposes only. For shareholders with an October 31, 2008 tax year end, please consult your tax advisor as to the pertinence of this notice. For the period December 1, 2007 to October 31, 2008, each Portfolio/Series is designating the following items with regard to distributions paid during the period.

DFA Investment Dimensions Group Inc.	Net Investment Income Distributions			Short-Term Capital Gain Distributions			Long-Term Capital Gain Distributions			Return of Capital			Tax-Exempt Interest			Total Distributions
U.S. Large Company Portfolio		100	%		—			—			—			—			100	%
Enhanced U.S. Large Company Portfolio		46	%		1	%		53	%		—			—			100	%
U.S. Large Cap Value Portfolio		27	%		—			73	%		—			—			100	%
U.S. Targeted Value Portfolio		39	%		—			61	%		—			—			100	%
U.S. Small Cap Value Portfolio		9	%		—			91	%		—			—			100	%
U.S. Core Equity 1 Portfolio		100	%		—			—			—			—			100	%
U.S. Core Equity 2 Portfolio		100	%		—			—			—			—			100	%
U.S. Vector Equity Portfolio		100	%		—			—			—			—			100	%
T.A. U.S. Core Equity 2 Portfolio		100	%		—			—			—			—			100	%
U. S Small Cap Portfolio		16	%		1	%		83	%		—			—			100	%
U.S. Micro Cap Portfolio		17	%		2	%		81	%		—			—			100	%
DFA Real Estate Securities Portfolio		15	%		—			86	%		—			—			100	%
Large Cap International Portfolio		65	%		—			35	%		—			—			100	%
International Core Equity Portfolio		76	%		7	%		17	%		—			—			100	%
T.A. World ex U.S. Core Equity Portfolio		100	%		—			—			—			—			100	%
International Small Company Portfolio		29	%		8	%		63	%		—			—			100	%
Japanese Small Company Portfolio		100	%		—			—			—			—			100	%
Asia Pacific Small Company Portfolio		100	%		—			—			—			—			100	%
United Kingdom Small Company Portfolio		43	%		5	%		51	%		1	%		—			100	%
Continental Small Company Portfolio		36	%		3	%		60	%		1	%		—			100	%
DFA International Real Estate Securities Portfolio		100	%		—			—			—			—			100	%
DFA Global Real Estate Securities Portfolio		—			—			—			—			—			100	%
DFA International Small Cap Value Portfolio		30	%		7	%		63	%		—			—			100	%
International Vector Equity Portfolio		—			—			—			—			—			100	%
Emerging Markets Portfolio		35	%		—			65	%		—			—			100	%
Emerging Markets Small Cap Portfolio		22	%		6	%		72	%		—			—			100	%
Emerging Markets Core Equity Portfolio		85	%		4	%		11	%		—			—			100	%
DFA One-Year Fixed Income Portfolio		100	%		—			—			—			—			100	%
DFA Two-Year Global Fixed Income Portfolio		99	%		—			1	%		—			—			100	%
DFA Selectively Hedged Global Fixed Income Portfolio		—			—			—			100	%		—			100	%
DFA Five-Year Government Portfolio		100	%		—			—			—			—			100	%
DFA Five-Year Global Fixed Income Portfolio		95	%		—			—			5	%		—			100	%
DFA Intermediate Government Fixed Income Portfolio		99	%		—			1	%		—			—			100	%
DFA Inflation-Protected Securities Portfolio		100	%		—			—			—			—			100	%
DFA Short-Term Municipal Bond Portfolio		—			—			—			—			100	%		100	%
DFA California Short-Term Municipal Bond Portfolio		—			—			—			—			100	%		100	%
Dimensional Investment Group Inc.
DFA International Value Portfolio		67	%		—			—			33	%		—			100	%
The DFA Investment Trust Company
The U.S. Large Cap Value Series		100	%		—			—			—			—			100	%
The Enhanced U.S. Large Company Series		76	%		12	%		12	%		—			—			100	%
The DFA International Value Series		33	%		2	%		65	%		—			—			100	%
The DFA One-Year Fixed Income Series		100	%		—			—			—			—			100	%
The DFA Two-Year Global Fixed Income Series		100	%		—			—			—			—			100	%

DFA Investment Dimensions Group Inc.	Qualifying For Corporate Dividends Received Deduction(1)			Qualifying Dividend Income(2)			U.S. Government Interest(3)			Foreign Tax Credit(4)			Qualifying Interest Income(5)			Qualifying Short- Term Capital Gain(6)
U.S. Large Company Portfolio		100	%		18	%		—			—			4	%		—
Enhanced U.S. Large Company Portfolio		—			—			7	%		—			19	%		3	%
U.S. Large Cap Value Portfolio		87	%		87	%		—			—			1	%		—
U.S. Targeted Value Portfolio		93	%		94	%		—			—			1	%		—
U.S. Small Cap Value Portfolio		65	%		72	%		—			—			1	%		—
U.S. Core Equity 1 Portfolio		81	%		78	%		—			—			2	%		—
U.S. Core Equity 2 Portfolio		83	%		81	%		—			—			1	%		—
U.S. Vector Equity Portfolio		83	%		79	%		—			—			2	%		—
T.A. U.S. Core Equity 2 Portfolio		62	%		61	%		—			—			5	%		—
U. S Small Cap Portfolio		60	%		50	%		—			—			1	%		5	%
U.S. Micro Cap Portfolio		40	%		90	%		—			—			1	%		10	%
DFA Real Estate Securities Portfolio		—			—			—			—			1	%		—
Large Cap International Portfolio		1	%		61	%		—			8	%		1	%		—
International Core Equity Portfolio		4	%		66	%		—			6	%		1	%		9	%
T.A. World ex U.S. Core Equity Portfolio		16	%		46	%		—			10	%		2	%		—
International Small Company Portfolio		—			19	%		—			5	%		1	%		21	%
Japanese Small Company Portfolio		—			66	%		—			—			1	%		—
Asia Pacific Small Company Portfolio		1	%		13	%		—			—			19	%		—
United Kingdom Small Company Portfolio		—			100	%		—			—			1	%		10	%
Continental Small Company Portfolio		—			47	%		—			9	%		1	%		7	%
DFA International Real Estate Securities Portfolio		2	%		25	%		—			14	%		1	%		—
DFA Global Real Estate Securities Portfolio		—			—			—			—			—			—
DFA International Small Cap Value Portfolio		1	%		62	%		—			4	%		1	%		21	%
International Vector Equity Portfolio		—			—			—			—			6	%		—
Emerging Markets Portfolio		—			60	%		—			13	%		1	%		1	%
Emerging Markets Small Cap Portfolio		12	%		62	%		—			12	%		1	%		22	%
Emerging Markets Core Equity Portfolio		1	%		58	%		—			13	%		1	%		4	%
DFA One-Year Fixed Income Portfolio		—			—			—			—			100	%		—
DFA Two-Year Global Fixed Income Portfolio		—			—			3	%		—			48	%		1	%
DFA Selectively Hedged Global Fixed Income Portfolio		—			—			—			—			—			—
DFA Five-Year Government Portfolio		—			—			100	%		—			100	%		—
DFA Five-Year Global Fixed Income Portfolio		—			—			22	%		—			63	%		—
DFA Intermediate Government Fixed Income Portfolio		—			—			100	%		—			100	%		—
DFA Inflation-Protected Securities Portfolio		—			—			30	%		—			100	%		—
DFA Short-Term Municipal Bond Portfolio		—			—			—			—			—			—
DFA California Short-Term Municipal Bond Portfolio		—			—			—			—			100	%		—
Dimensional Investment Group Inc.
DFA International Value Portfolio		—			61	%		—			—			1	%		—
The DFA Investment Trust Company
The U.S. Large Cap Value Series		85	%		84	%		—			—			1	%		—
The Enhanced U.S. Large Company Series		—			—			6	%		—			20	%		26	%
The DFA International Value Series		6	%		58	%		—			—			—			7	%
The DFA One-Year Fixed Income Series		—			—			7	%		—			100	%		—
The DFA Two-Year Global Fixed Income Series		—			—			2	%		—			48	%		—

(3) "U.S. Government Interest" represents the amount of interest that was derived from direct U.S. Government obligations and distributed during the fiscal year. This amount is reflected as a percentage of total ordinary income distributions (the total of short-term capital gain and net investment income distributions). Generally, interest from direct U.S. Government obligations is exempt from state income tax. However, for residents of California, Connecticut and New York, the statutory threshold requirements were satisfied for DFA Five-Year Government Portfolio, DFA Intermediate Government Fixed Income Portfolio, and DFA Inflation-Protected Securities Portfolio to permit exemption of these amounts from state income for these funds.

(4) Foreign Tax Credit represent dividends which qualify for the foreign tax credit pass through and is reflected as a percentage of investment company taxable income (the total of short-term capital gain and net investment income distributions).

(5) The percentage in this column represents the amount of "Qualifying Interest Income" as created by The American Jobs Creation Act of 2004. The information is reflected as a percentage of ordinary income distributions (the total of short-term capital gain and net investment income distributions).

(6) The percentage in this column represents the amount of "Qualifying Short-Term Capital Gain" as created by The American Jobs Creation Act of 2004. The information is reflected as a percentage of ordinary income distributions (the total of short-term capital gain and net investment income distributions).

313

BOARD APPROVAL OF INVESTMENT ADVISORY AGREEMENT

At Board meetings held on December 14, 2007 and March 20, 2008 (collectively, the "Meeting"), the Board considered the initial approval of the investment advisory agreement and sub-advisory agreements for DFA Global Real Estate Securities Portfolio (the "Real Estate Portfolio"). For the Real Estate Portfolio, Dimensional Fund Advisors Ltd. or DFA Australia Limited each serve as a sub-advisor. (The investment advisory agreements and the sub-advisory agreements are referred to as the "Advisory Agreements," and the Advisor and sub-advisors are referred to as the "Advisor").

At the Meeting, the Board considered a variety of factors when considering the approval of the Advisory Agreements for the Real Estate Portfolio, including: (i) the nature, extent and quality of services that will be provided by the Advisor to the Real Estate Portfolio, including the resources of the Advisor to be dedicated to the Real Estate Portfolio; (ii) the performance of the Advisor; (iii) the fees and expenses that will be borne by the Real Estate Portfolio; (iv) the profitability realized by the Advisor from its relationship with the Real Estate Portfolio; (v) whether economies of scale will be realized by the Advisor with respect to the Real Estate Portfolio as it grows larger, and the extent to which the economies of scale are reflected in the level of the advisory fees charged for the benefit of investors; (vi) comparisons of the services to be rendered and the amounts to be paid under other advisory contracts; and (vii) any benef its to be derived by the Advisor from its relationship with the Real Estate Portfolio.

When considering the nature, extent and quality of the services that will be provided by the Advisor to the Real Estate Portfolio, and the resources of the Advisor dedicated to the Real Estate Portfolio, the Board reviewed the experience and expertise of the Advisor's investment professionals who will furnish management services to the Real Estate Portfolio. The Board also evaluated the Advisor's investment advisory capabilities and the portfolio management process described for the Real Estate Portfolio. The Board noted that the services that were proposed to be provided to the Real Estate Portfolio were consistent with the range of services currently provided to other investment portfolios managed by the Advisor. The Board concluded that the nature, extent and quality of services that the Advisor was proposing to provide to the Real Estate Portfolio appeared to be consistent with the Real Estate Portfolio's anticipated operational requirem ents.

The Board also considered the proposed fees and projected expenses for the Real Estate Portfolio, and compared the fees to be charged to the Real Estate Portfolio by the Advisor to the fees charged by the Advisor to other relevant investment portfolios managed by the Advisor, and to the fees charged other mutual funds managed by third parties in the Real Estate Portfolio's anticipated peer group for comparable services. The Board concluded, among other things, that the proposed advisory fee and anticipated total expenses of the Real Estate Portfolio appeared to compare favorably to expected peer mutual funds managed by others and to other investment portfolios managed by the Advisor, and that the proposed advisory fee for the Real Estate Portfolio was fair, both on an absolute basis and in comparison with other funds likely to be in the Real Estate Portfolio's peer group. The Board also concluded that, given that the Real Estate Portfolio's proposed advisory fee likely ranking among the lowest of its peer funds, economies of scale and the reflection of such economies of scale in the level of advisory fee charged were inapplicable to the Real Estate Portfolio at the present time.

The Board also noted that, as the Real Estate Portfolio had not yet commenced investment operations, there was no investment performance for either the Real Estate Portfolio or the Advisor in managing the Real Estate Portfolio for the Board to evaluate. Furthermore, the Board noted that the Advisor could not report any financial results from its relationship with the Real Estate Portfolio because the Real Estate Portfolio had not yet commenced investment operations, and thus, the Board could not evaluate profitability.

After full consideration of the factors discussed above, with no single factor identified as being of paramount importance, the Board, including the Independent Board Members, with the assistance of independent counsel, concluded that the approval of the Advisory Agreements for the Real Estate Portfolio was in the best interests of the Real Estate Portfolio and its shareholders.

At the Board meeting held on June 26, 2008 (the "June Meeting"), the Board considered the initial approval of the investment advisory agreement and sub-advisory agreements for International Vector Equity Portfolio (the "International Portfolio"). For the International Portfolio, Dimensional Fund Advisors Ltd. and DFA Australia Limited

314

each serves as a sub-advisor. (The investment advisory agreements and the sub-advisory agreements are referred to as the "Advisory Agreements," and the Advisor and sub-advisors are referred to as the "Advisor").

At the June Meeting, the Board considered a variety of factors when considering the approval of the Advisory Agreements for the International Portfolio, including: (i) the nature, extent and quality of services that will be provided by the Advisor to the International Portfolio, including the resources of the Advisor to be dedicated to the International Portfolio; (ii) the performance of the Advisor; (iii) the fees and expenses that will be borne by the International Portfolio; (iv) the profitability realized by the Advisor from its relationship with the International Portfolio; (v) whether economies of scale will be realized by the Advisor with respect to the International Portfolio as it grows larger, and the extent to which the economies of scale are reflected in the level of the advisory fees charged for the benefit of investors; (vi) comparisons of the services to be rendered and the amounts to be paid under other advisory contracts; an d (vii) any benefits to be derived by the Advisor from its relationship with the International Portfolio.

When considering the nature, extent and quality of the services that will be provided by the Advisor to the International Portfolio, and the resources of the Advisor dedicated to the International Portfolio, the Board reviewed the experience and expertise of the Advisor's investment professionals who will furnish management services to the International Portfolio. The Board also evaluated the Advisor's investment advisory capabilities and the portfolio management process described for the International Portfolio. The Board noted that the services that were proposed to be provided to the International Portfolio were consistent with the range of services currently provided to other investment portfolios managed by the Advisor. The Board concluded that the nature, extent and quality of services that the Advisor was proposing to provide to the International Portfolio appeared to be consistent with the International Portfolio's anticipated operat ional requirements.

The Board also considered the proposed fees and projected expenses for the International Portfolio, and compared the fees to be charged to the International Portfolio by the Advisor to the fees charged by the Advisor to other relevant investment portfolios managed by the Advisor, and to the fees charged other mutual funds managed by third parties in the International Portfolio's anticipated peer group for comparable services. The Board concluded, among other things, that the proposed advisory fee and anticipated total expenses of the International Portfolio appeared to compare favorably to expected peer mutual funds managed by others and to other investment portfolios managed by the Advisor, and that the proposed advisory fee for the International Portfolio was fair, both on an absolute basis and in comparison with other funds likely to be in the International Portfolio's peer group. The Board also concluded that, given that the Internationa l Portfolio's proposed advisory fee likely ranking among the lowest of its peer funds, economies of scale and the reflection of such economies of scale in the level of advisory fee charged were inapplicable to the International Portfolio at the present time.

The Board also noted that, as the International Portfolio had not yet commenced investment operations, there was no investment performance for either the International Portfolio or the Advisor in managing the International Portfolio for the Board to evaluate. Furthermore, the Board noted that the Advisor could not report any financial results from its relationship with the International Portfolio because the International Portfolio had not yet commenced investment operations, and thus, the Board could not evaluate profitability.

After full consideration of the factors discussed above, with no single factor identified as being of paramount importance, the Board, including the Independent Board Members, with the assistance of independent counsel, concluded that the approval of the Advisory Agreements for the International Portfolio was in the best interests of the International Portfolio and its shareholders.

315

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DFA103108-001A

DIMENSIONAL INVESTMENT GROUP INC.

LWAS/DFA U.S. High Book to Market Portfolio

LWAS/DFA Two-Year Fixed Income Portfolio

LWAS/DFA Two-Year Government Portfolio

DFA INVESTMENT DIMENSIONS GROUP INC.

LWAS/DFA International High Book
to Market Portfolio

Annual Report

Period Ended October 31, 2008

Dimensional Fund Advisors
6300 Bee Cave Road, Building One
Austin, TX 78746

December 2008

Dear Fellow Shareholder,

All of us at Dimensional take our job as the steward of your assets very seriously and hope to have the opportunity to serve you for many years to come.

Sincerely,

David G. Booth
Chairman and Chief Executive Officer

[THIS PAGE INTENTIONALLY LEFT BLANK]

ANNUAL REPORT

Table of Contents

Letter to Shareholders	Page
Definitions of Abbreviations and Footnotes		1

Dimensional Investment Group Inc.

Performance Charts		2

Management's Discussion and Analysis		3

Disclosure of Fund Expenses		6

Disclosure of Portfolio Holdings		7

Schedules of Investments

LWAS/DFA Two-Year Fixed Income Portfolio		8

LWAS/DFA Two-Year Government Portfolio		9

Statements of Assets and Liabilities		10

Statements of Operations		12

Statements of Changes in Net Assets		13

Financial Highlights		14

Notes to Financial Statements		16

Report of Independent Registered Public Accounting Firm		22

DFA Investment Dimensions Group Inc.

Performance Chart		23

Management's Discussion and Analysis		24

Disclosure of Fund Expenses		26

Disclosure of Portfolio Holdings		27

Statement of Assets and Liabilities		28

Statements of Operations		29

Statements of Changes in Net Assets		30

Financial Highlights		31

Notes to Financial Statements		32

Report of Independent Registered Public Accounting Firm		37

The DFA Investment Trust Company

Performance Charts		38

Disclosure of Fund Expenses		39

Disclosure of Portfolio Holdings		40

Summary Schedules of Portfolio Holdings

The U.S. Large Cap Value Series		41

The DFA International Value Series		44

Statements of Assets and Liabilities		47

Statements of Operations		48

Statements of Changes in Net Assets		49

Financial Highlights		50

Notes to Financial Statements		51

Report of Independent Registered Public Accounting Firm		59

Fund Management		60

Voting Proxies on Fund Portfolio Securities		67

Notice to Shareholders		68

This report is submitted for the information of the Fund's shareholders. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.

[THIS PAGE INTENTIONALLY LEFT BLANK]

DIMENSIONAL INVESTMENT GROUP INC.

DFA INVESTMENT DIMENSIONS GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Statements of Assets and Liabilities/Schedules of Investments/Summary Schedules of Portfolio Holdings

Investment Abbreviations

ADR American Depositary Receipt

FHLMC Federal Home Loan Mortgage Corporation

FNMA Federal National Mortgage Association

Investment Footnotes

† See Note B to Financial Statements.

†† Securities have generally been fair valued. See Note B to Financial Statements.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

@ Security purchased with cash proceeds from Securities on Loan.

(r) The adjustable rate shown is effective as of October 31, 2008.

§ Affiliated Fund.

Financial Highlights

(A) Computed using average shares outstanding.

(B) Annualized

(D) Represents the combined ratios for the respective portfolio and its respective pro-rata share of its Master Fund Series.

All Statements and Schedules

— Amounts designated as — are either zero or rounded to zero.

SEC Securities and Exchange Commission

DIMENSIONAL INVESTMENT GROUP INC.
PERFORMANCE CHARTS

DIMENSIONAL INVESTMENT GROUP INC.
MANAGEMENT'S DISCUSSION AND ANALYSIS

U.S. Equity Market Review 11 Months Ended October 31, 2008

For the 11 months ended October 31, 2008, small company stocks slightly outperformed large companies, and mid cap companies underperformed both small and large cap companies. The performance of the Russell Microcap Index^® was –33.59%, the Russell 2000 Index^® was –29.07%, CRSP 6-10 Index was –32.90%, and MSCI USA Small Cap 1750 Index was –32.21%. Large cap value stocks, as measured by the Russell 1000 Value Index^®, slightly outperformed large cap growth stocks, as measured by the Russell 1000 Growth Index^®. The value premium was larger among small cap stocks.

Total Return for 11 Months Ended October 31, 2008

Russell 2000 Index^® (small cap companies)	–29.07	%
Russell Midcap Index^® (mid cap companies)	–37.70	%
Russell 1000 Index^® (large cap companies)	–33.99	%
Russell 3000 Value Index^®	–32.90	%
Russell 3000 Growth Index^®	–34.45	%

When the large, mid, and small cap market segments are further divided by value and growth characteristics, the distinction in performance within sectors was equally significant.

Total Return for 11 Months Ended October 31, 2008

Russell 1000 Value Index^® (large cap value companies)	–33.55	%
Russell 1000 Growth Index^® (large cap growth companies)	–34.54	%
Russell Midcap Value Index^® (mid cap value companies)	–35.42	%
Russell Midcap Growth Index^® (mid cap growth companies)	–40.01	%
Russell 2500 Value Index^® (small/mid cap value companies)	–29.10	%
Russell 2500 Growth Index^® (small/mid cap growth companies)	–37.30	%
Russell 2000 Value Index^® (small cap value companies)	–24.91	%
Russell 2000 Growth Index^® (small cap growth companies)	–33.26	%

Master-Feeder Structure

Domestic Equity Portfolios Performance Overview

LWAS/DFA U.S. High Book to Market Portfolio

The LWAS/DFA U.S. High Book to Market Portfolio seeks to capture the returns of U.S. large company value stocks by purchasing shares of a Master Fund that invests in such stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to large cap value stocks, but does not attempt to track closely a specific equity index. The Master Fund held approximately 210 stocks as of October 31, 2008, and was mostly invested in equities throughout the year: average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Master Fund's assets.

As a result of the Master Fund's diversified investment approach, performance was determined principally by broad structural trends in the U.S. equity market, rather than by the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, large company stocks generally underperformed small company stocks, and value stocks generally outperformed growth stocks. Total returns were –33.31% for the S&P 500 Index^®, –33.55% for the Russell 1000 Value Index^® and –36.69% for the Master Fund's Portfolio. Relative to the Russell 1000 Value Index^®, underperformance of the Portfolio was primarily due to the Master Fund's lower exposure to stocks with neutral or growth price characteristics as measured by book-to-market "BtM" ratio, and due to weighting and composition differences between consumer discretionary and consumer staples stocks held by the Master Fund and those held by the Index. More growth-oriented stocks in the middle BtM quartiles, which represented approximately 11% of the Master Fund compared to approximately 47% of the Index, outperformed value stocks in the highest BtM quartile by more than 15 percentage points. Stocks held by the Master Fund in the consumer discretionary sector, which represented approximately 16% of the Master Fund compared to approximately 8% of the Russell 1000 Value Index^®, underperformed the Index by about 13 percentage points. Stocks held by the Master Fund in the consumer staples sector, which represented approximately 5% of the Master Fund compared to 9% of the Index, underperformed similar stocks held by the Index by approximately 20 percentage points.

Fixed Income Market Review 11 Months Ended October 31, 2008

	11/30/07			10/31/08			Change
Three-Month LIBOR (yield)		5.13	%		3.03	%		–41.02	%
Ten-Year U.S. Treasury Notes (yield)		3.94	%		3.95	%		0.30	%

Source: Bloomberg. "Change" values are calculated prior to rounding.

LWAS/DFA Two-Year Fixed Income Portfolio

The LWAS/DFA Two-Year Fixed Income Portfolio seeks to maximize risk-adjusted total returns from a universe of high-quality fixed income securities maturing in two years or less. The investment strategy shifts maturities based on changes in the yield curve. Using current prices, the strategy creates a matrix of expected returns from different buy and sell strategies, and identifies the maturity range for the highest risk-adjusted expected returns. Maturities are shifted if premiums can be documented. Average maturity of the Portfolio increased from 0.07 years on November 30, 2007, to 0.89 years on October 31, 2008.

For the 11 months ended October 31, 2008, total returns were 2.46% for the Portfolio and 2.48% for the Merrill Lynch U.S. Corporate and Government Index 1-3 Years. Relative to the Index, the underperformance of the Portfolio was primarily due to to differences in expenses between the Portfolio and the Index. Results for the Index are not diminished by management and administrative expenses associated with running a live portfolio.

LWAS/DFA Two-Year Government Portfolio

The LWAS/DFA Two-Year Government Portfolio seeks to maximize risk-adjusted total returns from a universe of U.S. government securities maturing in two years or less. The investment strategy shifts maturities based on changes in the yield curve. Using current prices, the strategy creates a matrix of expected returns from different buy and sell strategies, and identifies the maturity range for the highest risk-adjusted expected returns. Maturities are shifted if premiums can be documented. Average maturity of the Portfolio increased from 0.04 years on November 30, 2007, to 1.42 years on October 31, 2008.

For the 11 months ended October 31, 2008, total returns were 2.13% for the Portfolio and 4.67% for the Merrill Lynch U.S. Treasury/Agency Index 1-3 Years. Relative to the Index, Portfolio underperformance was primarily due to maturity differences in the first half of the fiscal year. At the beginning of the period, the Portfolio had a much shorter duration than the Index, as the yield curve remained inverted. The Portfolio duration was significantly extended in May, when interest rates rose sharply, which hurt performance.

DIMENSIONAL INVESTMENT GROUP INC.

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Tables below illustrate your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended October 31, 2008

EXPENSE TABLES

LWAS/DFA U.S. High Book to Market Portfolio**	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	647.50		0.33	%	$	1.37
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.48		0.33	%	$	1.68
LWAS/DFA Two-Year Fixed Income Portfolio
Actual Fund Return	$	1,000.00	$	1,010.20		0.31	%	$	1.57
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.58		0.31	%	$	1.58
LWAS/DFA Two-Year Government Portfolio
Actual Fund Return	$	1,000.00	$	1,008.50		0.30	%	$	1.51
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.63		0.30	%	$	1.53

** The Portfolio is a Feeder Fund. The expenses shown reflect the direct expenses of the Feeder Fund and the indirect payment of the Feeder Fund's portion of the expenses of its Master Fund.

DIMENSIONAL INVESTMENT GROUP INC.

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

The SEC requires that all Funds present their categories of portfolio holdings in a table, chart or graph format in their annual and semi-annual shareholder reports, whether or not a Schedule of Investments is utilized. The following tables, which presents portfolio holdings as a percent of total investments before short-term investments and collateral for loaned securities, are provided in compliance with such requirement. The categories shown below represent broad industry sectors. Each industry sector consists of one or more specific industry classifications.

FEEDER FUND

				Affiliated Investment Company
LWAS/DFA U.S. High Book to Market Portfolio					100.0	%

FIXED INCOME PORTFOLIOS

	Corporate			Government			Foreign Corporate			Foreign Government		Total
LWAS/DFA Two-Year Fixed Income Portfolio		26.7	%		43.7	%		29.6	%		—		100.0	%
LWAS/DFA Two-Year Government Portfolio		—			100.0	%		—			—		100.0	%

LWAS/DFA TWO-YEAR FIXED INCOME PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2008

	Face Amount		Value†
	(000)
AGENCY OBLIGATIONS — (43.2%)
Federal Farm Credit Bank 2.750%, 05/04/10	$	900	$	893,064
Federal Home Loan Bank 2.375%, 04/30/10		1,400		1,381,730
4.875%, 05/14/10		2,500		2,559,075
2.750%, 06/18/10		4,400		4,363,810
3.500%, 07/16/10		2,500		2,509,290
3.375%, 08/13/10		4,900		4,908,697
Federal Home Loan Mortgage Corporation 2.875%, 04/30/10		4,800		4,776,115
2.375%, 05/28/10		4,000		3,956,600
2.875%, 06/28/10		3,000		2,990,445
Federal National Mortgage Association 4.125%, 05/15/10		2,300		2,329,794
2.375%, 05/20/10		2,500		2,470,643
7.125%, 06/15/10		2,800		2,974,367
TOTAL AGENCY OBLIGATIONS				36,113,630
BONDS — (24.7%)
American Express Centurion Floating Rate Note (r) 5.561%, 06/12/09		2,100		2,047,221
Bank of New York Mellon Corp. Floating Rate Note (r) 3.495%, 02/05/10		2,400		2,352,958
BP Capital Markets P.L.C. 4.875%, 03/15/10		1,000		996,751
Citigroup Funding, Inc. Floating Rate Note (r) 5.449%, 10/22/09		2,200		2,135,740
CME Group, Inc. Floating Rate Note (r) 3.300%, 08/06/10		600		599,487
General Electric Capital Corp. 7.375%, 01/19/10		2,100		2,127,397
JPMorgan Chase & Co. Floating Rate Note (r) 5.255%, 11/19/09		2,400		2,395,982
Paccar Financial Corp. Floating Rate Note (r) 4.966%, 09/21/09		1,450		1,447,149
Wachovia Corp. Floating Rate Note (r) 5.465%, 11/24/09		2,000		1,943,018
Wal-Mart Stores, Inc. 6.875%, 08/10/09		2,400		2,474,362
Wells Fargo & Co. Floating Rate Note (r) 5.091%, 09/15/09		2,200		2,155,001
TOTAL BONDS				20,675,066

	Face Amount		Value†
	(000)
CERTIFICATES OF DEPOSIT INTEREST BEARING — (11.6%)
ABN-AMRO Bank NV 3.035%, 02/13/09	$	2,500	$	2,495,750
Barclays Bank P.L.C. 3.430%, 07/10/09		2,400		2,394,926
BNP Paribas Finance, Inc. 3.130%, 08/06/09		1,400		1,393,690
3.190%, 08/14/09		1,100		1,095,438
Royal Bank of Scotland P.L.C. 3.110%, 01/23/09		2,300		2,297,544
TOTAL CERTIFICATES OF DEPOSIT INTEREST BEARING				9,677,348
COMMERCIAL PAPER — (19.3%)
Abbey National North America 2.990%, 02/20/09		2,200		2,177,078
AstraZeneca P.L.C. 2.670%, 11/12/08		1,200		1,199,532
Bank of America Corp. 2.980%, 03/09/09		2,400		2,371,018
Bank of Scotland P.L.C. 3.045%, 01/12/09		2,500		2,484,067
Danske Corp. 3.750%, 12/16/08		2,000		1,993,021
Nordea North America, Inc. 3.000%, 05/11/09		1,300		1,278,021
Societe Generale North America 3.100%, 05/01/09		2,200		2,164,742
UBS Finance Delaware LLC 3.100%, 02/11/09		2,500		2,476,217
TOTAL COMMERCIAL PAPER				16,143,696
TEMPORARY CASH INVESTMENTS — (1.2%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $1,105,000 FHLMC 4.50%, 05/01/23, valued at $1,051,131) to be repurchased at $1,031,081		1,031		1,031,000
TOTAL INVESTMENTS — (100.0%) (Cost $84,063,035)			$	83,640,740

See accompanying Notes to Financial Statements.
8

LWAS/DFA TWO-YEAR GOVERNMENT PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2008

	Face Amount		Value†
	(000)
AGENCY OBLIGATIONS — (99.4%)
Federal Farm Credit Bank 2.750%, 05/04/10	$	29,300	$	29,074,185
4.750%, 05/07/10		5,000		5,107,520
Federal Home Loan Bank 2.750%, 03/12/10		50,000		49,677,050
2.375%, 04/30/10		18,300		18,061,185
4.800%, 05/14/10		11,000		11,259,930
3.000%, 06/11/10		800		797,173
4.250%, 06/11/10		2,000		2,030,182
2.750%, 06/18/10		8,600		8,529,265
3.500%, 07/16/10		1,900		1,907,060
3.375%, 08/13/10		1,200		1,202,130
3.375%, 09/10/10		500		500,928
Federal Home Loan Bank Discount Note 3.212%, 01/05/09		4,100		4,092,395
TOTAL AGENCY OBLIGATIONS				132,239,003
TEMPORARY CASH INVESTMENTS — (0.6%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $1,020,000 FNMA 5.50%, 02/25/36, valued at $754,224) to be repurchased at $742,058		742		742,000
TOTAL INVESTMENTS — (100.0%) (Cost $133,507,918)			$	132,981,003

See accompanying Notes to Financial Statements.
9

DIMENSIONAL INVESTMENT GROUP INC.

LWAS/DFA U.S. HIGH BOOK TO MARKET PORTFOLIO

STATEMENT OF ASSETS AND LIABILITIES

OCTOBER 31, 2008

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investment in The U.S. Large Cap Value Series of The DFA Investment Trust Company (Affiliated Investment Company) (5,050,480 Shares) at Value†	$	68,485
Receivables:
Affiliated Investment Company Shares Sold		34
Fund Shares Sold		2
Prepaid Expenses and Other Assets		5
Total Assets		68,526
LIABILITIES:
Payables:
Fund Shares Redeemed		36
Due to Advisor		1
Accrued Expenses and Other Liabilities		27
Total Liabilities		64
NET ASSETS	$	68,462
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		7,571,162
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	9.04
Investment in Affiliated Investment Company at Cost	$	66,090
NET ASSETS CONSIST OF:
Paid-In Capital	$	78,769
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		366
Accumulated Net Realized Gain (Loss)		(13,068	)
Net Unrealized Appreciation (Depreciation)		2,395
NET ASSETS	$	68,462
(1) NUMBER OF SHARES AUTHORIZED		200,000,000

See accompanying Notes to Financial Statements.
10

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2008

(Amounts in thousands, except share and per share amounts)

	LWAS/DFA Two-Year Fixed Income Portfolio			LWAS/DFA Two-Year Government Portfolio
ASSETS:
Investments at Value	$	82,610		$	132,239
Temporary Cash Investments at Value & Cost		1,031			742
Receivables:
Interest		667			1,119
Fund Shares Sold		—			24
Prepaid Expenses and Other Assets		5			5
Total Assets		84,313			134,129
LIABILITIES:
Payables:
Fund Shares Redeemed		217			298
Due to Advisor		11			17
Accrued Expenses and Other Liabilities		20			29
Total Liabilities		248			344
NET ASSETS	$	84,065		$	133,785
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		8,545,184			13,655,655
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	9.84		$	9.80
Investments at Cost	$	83,032		$	132,766
NET ASSETS CONSIST OF:
Paid-In Capital	$	85,212		$	134,553
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		418			598
Accumulated Net Realized Gain (Loss)		(1,143	)		(839	)
Net Unrealized Appreciation (Depreciation)		(422	)		(527	)
NET ASSETS	$	84,065		$	133,785
(1) NUMBER OF SHARES AUTHORIZED		200,000,000			200,000,000

See accompanying Notes to Financial Statements.
11

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	LWAS/DFA U.S. High Book to Market Portfolio						LWAS/DFA Two-Year Fixed Income Portfolio						LWAS/DFA Two-Year Government Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Income Distributions Received from Affiliated Investment Company	$	1,834		$	1,814			—			—			—			—
Interest		—			—		$	2,826		$	4,824		$	3,428		$	4,319
Total Investment Income		1,834			1,814			2,826			4,824			3,428			4,319
Expenses
Investment Advisory Services Fees		—			—			127			138			172			130
Administrative Services Fees		10			13			—			—			—			—
Accounting & Transfer Agent Fees		13			14			28			31			31			30
Shareholder Servicing Fees		142			194			68			73			92			70
Filing Fees		15			17			15			17			18			18
Shareholders' Reports		13			17			11			12			14			10
Custodian Fees		—			—			4			5			2			3
Professional Fees		6			5			3			2			5			2
Other		4			3			3			3			5			3
Total Expenses		203			263			259			281			339			266
Net Investment Income (Loss)		1,631			1,551			2,567			4,543			3,089			4,053
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Affiliated Investment Company		—			6,681			—			—			—			—
Net Realized Gain (Loss) on Investment Securities Sold/Affiliated Investment Company Shares Sold		(2,340	)		136			(14	)		(2	)		(22	)		(1	)
Change in Unrealized Appreciation (Depreciation) of Investment Securities/Affiliated Investment Company Shares		(40,590	)		(8,837	)		(360	)		(24	)		(560	)		97
Net Realized and Unrealized Gain (Loss)		(42,930	)		(2,020	)		(374	)		(26	)		(582	)		96
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(41,299	)	$	(469	)	$	2,193		$	4,517		$	2,507		$	4,149

See accompanying Notes to Financial Statements.
12

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	LWAS/DFA U.S. High Book to Market Portfolio									LWAS/DFA Two-Year Fixed Income Portfolio									LWAS/DFA Two-Year Government Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	1,631		$	1,551		$	1,779		$	2,567		$	4,543		$	2,959		$	3,089		$	4,053		$	2,534
Capital Gain Distributions Received from Affiliated Investment Company		—			6,681			3,546			—			—			—			—			—			—
Net Realized Gain (Loss) on Investment Securities Sold/Affiliated Investment Company Shares Sold		(2,340	)		136			407			(14	)		(2	)		(203	)		(22	)		(1	)		(59	)
Change in Unrealized Appreciation (Depreciation) of Investment Securities/Affiliated Investment Company Shares		(40,590	)		(8,837	)		13,488			(360	)		(24	)		901			(560	)		97			715
Net Increase (Decrease) in Net Assets Resulting from Operations		(41,299	)		(469	)		19,220			2,193			4,517			3,657			2,507			4,149			3,190
Distributions From:
Net Investment Income		(1,652	)		(1,533	)		(1,658	)		(3,304	)		(4,369	)		(2,600	)		(3,616	)		(3,767	)		(2,246	)
Net Short-Term Gains		(16	)		(506	)		(251	)		—			—			—			—			—			—
Net Long-Term Gains		(6,421	)		(3,294	)		(81	)		—			—			—			—			—			—
Total Distributions		(8,089	)		(5,333	)		(1,990	)		(3,304	)		(4,369	)		(2,600	)		(3,616	)		(3,767	)		(2,246	)
Capital Share Transactions (1):
Shares Issued		12,180			11,690			17,138			9,071			18,206			13,580			51,236			50,978			16,187
Shares Issued in Lieu of Cash Distributions		6,808			4,529			1,683			2,785			3,631			2,178			2,696			3,311			2,051
Shares Redeemed		(20,971	)		(15,567	)		(14,379	)		(23,122	)		(11,625	)		(10,932	)		(29,376	)		(17,281	)		(14,942	)
Net Increase (Decrease) from Capital Share Transactions		(1,983	)		652			4,442			(11,266	)		10,212			4,826			24,556			37,008			3,296
Total Increase (Decrease) in Net Assets		(51,371	)		(5,150	)		21,672			(12,377	)		10,360			5,883			23,447			37,390			4,240
Net Assets
Beginning of Period		119,833			124,983			103,311			96,442			86,082			80,199			110,338			72,948			68,708
End of Period	$	68,462		$	119,833		$	124,983		$	84,065		$	96,442		$	86,082		$	133,785		$	110,338		$	72,948
(1) Shares Issued and Redeemed:
Shares Issued		1,117			714			1,171			920			1,837			1,382			5,221			5,179			1,662
Shares Issued in Lieu of Cash Distributions		487			285			119			283			369			223			276			339			211
Shares Redeemed		(1,841	)		(955	)		(956	)		(2,346	)		(1,175	)		(1,113	)		(2,993	)		(1,758	)		(1,530	)
		(237	)		44			334			(1,143	)		1,031			492			2,504			3,760			343
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	366		$	395		$	442		$	418		$	1,155		$	981		$	598		$	1,125		$	839

See accompanying Notes to Financial Statements.
13

DIMENSIONAL INVESTMENT GROUP INC.

LWAS/DFA U.S. HIGH BOOK TO MARKET PORTFOLIO

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	15.35		$	16.10		$	13.91		$	12.28		$	10.23		$	8.74
Income from Investment Operations
Net Investment Income (Loss)		0.21	(A)		0.20	(A)		0.23	(A)		0.19			0.10			0.13
Net Gains (Losses) (Realized and Unrealized)		(5.48	)		(0.26	)		2.23			1.57			2.08			1.59
Total from Investment Operations		(5.27	)		(0.06	)		2.46			1.76			2.18			1.72
Less Distributions
Net Investment Income		(0.21	)		(0.20	)		(0.22	)		(0.13	)		(0.13	)		(0.12	)
Net Realized Gains		(0.83	)		(0.49	)		(0.05	)		—			—			(0.11	)
Total Distributions		(1.04	)		(0.69	)		(0.27	)		(0.13	)		(0.13	)		(0.23	)
Net Assets Value, End of Period	$	9.04		$	15.35		$	16.10		$	13.91		$	12.28		$	10.23
Total Return		(36.69	)%(C)		(0.51	)%		17.90	%		14.44	%		21.45	%		20.18	%
Net Assets, End of Period (thousands)	$	68,462		$	119,833		$	124,983		$	103,311		$	92,494		$	76,487
Ratio of Expenses to Average Net Assets (D)		0.33	%(B)		0.32	%		0.32	%		0.34	%		0.35	%		0.36	%
Ratio of Net Investment Income to Average Net Assets		1.72	%(B)		1.20	%		1.54	%		1.43	%		0.87	%		1.39	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
14

DIMENSIONAL INVESTMENT GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	LWAS/DFA Two-Year Fixed Income Portfolio																		LWAS/DFA Two-Year Government Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	9.95		$	9.94		$	9.82		$	9.90		$	10.17		$	10.40		$	9.89		$	9.87		$	9.75		$	9.83		$	10.13		$	10.46
Income from Investment Operations
Net Investment Income (Loss)		0.28	(A)		0.49	(A)		0.35	(A)		0.27			0.16			0.23			0.24	(A)		0.46	(A)		0.34	(A)		0.26			0.17			0.16
Net Gains (Losses) on Securities (Realized and Unrealized)		(0.04	)		—			0.08			(0.11	)		(0.08	)		(0.01	)		(0.03	)		0.01			0.08			(0.10	)		(0.06	)		0.06
Total from Investment Operations		0.24			0.49			0.43			0.16			0.08			0.22			0.21			0.47			0.42			0.16			0.11			0.22
Less Distributions
Net Investment Income		(0.35	)		(0.48	)		(0.31	)		(0.24	)		(0.14	)		(0.22	)		(0.30	)		(0.45	)		(0.30	)		(0.24	)		(0.15	)		(0.20	)
Net Realized Gains		—			—			—			—			(0.21	)		(0.23	)		—			—			—			—			(0.26	)		(0.35	)
Total Distributions		(0.35	)		(0.48	)		(0.31	)		(0.24	)		(0.35	)		(0.45	)		(0.30	)		(0.45	)		(0.30	)		(0.24	)		(0.41	)		(0.55	)
Net Asset Value, End of Period	$	9.84		$	9.95		$	9.94		$	9.82		$	9.90		$	10.17		$	9.80		$	9.89		$	9.87		$	9.75		$	9.83		$	10.13
Total Return		2.46	%(C)		5.03	%		4.47	%		1.65	%		0.85	%		2.15	%		2.13	%(C)		4.85	%		4.42	%		1.67	%		1.10	%		2.11	%
Net Assets, End of Period (thousands)	$	84,065		$	96,442		$	86,082		$	80,199		$	80,584		$	73,101		$	133,785		$	110,338		$	72,948		$	68,708		$	69,853		$	85,140
Ratio of Expenses to Average Net Assets		0.31	%(B)		0.31	%		0.31	%		0.36	%		0.38	%		0.37	%		0.30	%(B)		0.31	%		0.32	%		0.37	%		0.36	%		0.35	%
Ratio of Net Investment Income to Average Net Assets		3.04	%(B)		4.94	%		3.57	%		2.72	%		1.65	%		1.72	%		2.69	%(B)		4.66	%		3.45	%		2.67	%		1.63	%		1.57	%
Portfolio Turnover Rate		20	%(C)		22	%		15	%		48	%		152	%		171	%		7	%(C)		0	%		29	%		44	%		142	%		216	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
15

DIMENSIONAL INVESTMENT GROUP INC.
NOTES TO FINANCIAL STATEMENTS

A. Organization:

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of fifteen portfolios, of which three (the "Portfolios") are presented in this report.

The LWAS/DFA U.S. High Book to Market Portfolio ("Feeder Fund") primarily invests its assets in The U.S. Large Cap Value Series (the "Series"), a corresponding Series of The DFA Investment Trust Company. At October 31, 2008, the Portfolio owned 1% of the outstanding shares of the Series.

The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Feeder Fund.

At a regular meeting of the Board of Directors/Trustees (the "Board") on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Portfolios from November 30 to October 31.

B. Significant Accounting Policies:

1. Security Valuation: The shares of The U.S. Large Cap Value Series held by the LWAS/DFA U.S. High Book to Market Portfolio are valued at its daily net asset value. Securities held by the LWAS/DFA Two-Year Fixed Income Portfolio and the LWAS/DFA Two-Year Government Portfolio are valued on the basis of prices provided by one or more pricing services or other reasonably reliable sources including broker/dealers that typically handle the purchase and sale of such securities. Securities which are traded over-the counter and on a stock exchange generally will be valued according to the broadest and most representative market, and it is expected that for bonds and other fixed income securities, this ordinarily will be the over-the-counter market. Securities for which quotations are not readily available, (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with procedures adopted by the Board of Directors/Trustees. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of the Investment Committee of the Advisor) occur before the net asset value is calculated. When fair value pricing is used, the prices of securities used by the Portfolios may differ from the quoted or published prices for the same securities on their primary markets or exchanges.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Portfolios' own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Portfolios' net assets as of October 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
LWAS/DFA U.S. High Book to Market Portfolio	$	68,485		—		—	$	68,485
LWAS/DFA Two-Year Fixed Income Portfolio		—	$	83,641		—		83,641
LWAS/DFA Two-Year Government Portfolio		—		132,981		—		132,981

2. Deferred Compensation Plan: Each eligible Director of the Fund may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two- Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income, are included in Other Expenses for the period ended October 31, 2008.

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities/affiliated investment company shares are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Interest income is recorded on the accrual basis. Discount and premium on debt securities purchased are amortized over the lives of the respective securities utilizing the effective interest method. Expenses directly attributable to the Portfolios are directly charged. Common expenses of the Fund are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

Dimensional Fund Advisors LP ("Dimensional" or the "Advisor") provides administrative services to one of the Portfolios, including supervision of services provided by others, providing information to the shareholders and to the Board of Directors/Trustees, and other administrative services. The Advisor provides investment advisory services to two of the Portfolios. For the period December 1, 2007 to October 31, 2008, the Portfolios' administrative services fees or investment advisory services fees were accrued daily and paid monthly to the Advisor based on the following effective annual rates of average daily net assets:

	Administrative Services Fees			Advisory Services Fees
LWAS/DFA U.S. High Book to Market Portfolio		0.01	%		—
LWAS/DFA Two-Year Fixed Income Portfolio		—			0.15	%
LWAS/DFA Two-Year Government Portfolio		—			0.15	%

In addition, pursuant to a Client Service Agreement with LWI Financial Inc. ("LWIF"), the Portfolios pay fees to LWIF at the following effective annual rates of their average daily net assets:

	Shareholder Servicing Fees
LWAS/DFA U.S. High Book to Market Portfolio		0.15	%
LWAS/DFA Two-Year Fixed Income Portfolio		0.08	%
LWAS/DFA Two-Year Government Portfolio		0.08	%

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Fund; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Fund. For the period December 1, 2007 to October 31, 2008, the total related amounts paid by the Fund to the CCO were $25 (in thousands). The total related amounts paid by each of the Portfolios are included in Other Expenses on the Statement of Operations.

D. Deferred Compensation:

LWAS/DFA U.S. High Book to Market Portfolio	$	2
LWAS/DFA Two-Year Fixed Income Portfolio		1
LWAS/DFA Two-Year Government Portfolio		2

E. Purchases and Sales of Securities:

For the period December 1, 2007 to October 31, 2008, the Portfolios made the following purchases and sales of investment securities, other than short-term securities (amounts in thousands):

	U.S. Government Securities				Other Investment Securities
	Purchases		Sales		Purchases		Sales
LWAS/DFA Two-Year Fixed Income Portfolio	$	39,651	$	3,465	$	13,608	$	3,596
LWAS/DFA Two-Year Government Portfolio		133,235		4,480		—		—

F. Federal Income Taxes:

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of October 31, 2008, primarily attributable to the recharacterizations of distributions from realized gains (losses) to undistributed net investment income were reclassified to the following accounts. These reclassifications had no effect on net asset value per share (amounts in thousands):

				Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains/(Losses)
LWAS/DFA U.S. High Book to Market Portfolio				$	(8	)		$	8

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
LWAS/DFA U.S. High Book to Market Portfolio 2006	$	2,002	$	217	$	2,219
2007		2,104		3,541		5,645
2008		1,668		6,420		8,088

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
LWAS/DFA Two-Year Fixed Income Portfolio 2006		$2,600		—		$2,600
2007		4,369		—		4,369
2008		3,304		—		3,304
LWAS/DFA Two-Year Government Portfolio 2006		2,246		—		2,246
2007		3,767		—		3,767
2008		3,616		—		3,616

At October 31, 2008, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

	Undistributed Net Investment Income and Short-Term Capital Gains		Undistributed Long-Term Capital Gains		Capital Loss Carryforward			Total Net Distributable Earnings/ (Accumulated Losses)
LWAS/DFA U.S. High Book to Market Portfolio	$	368		—	$	(1,337	)	$	(969	)
LWAS/DFA Two-Year Fixed Income Portfolio		419		—		(1,143	)		(724	)
LWAS/DFA Two-Year Government Portfolio		600		—		(833	)		(233	)

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2008, the following Portfolios had capital loss carryforwards available to offset future realized capital gains through the indicated expiration dates (amounts in thousands):

	Expires on October 31,
	2012		2013		2014		2015		2016		Total
LWAS/DFA U.S. High Book to Market Portfolio		—		—		—		—	$	1,337	$	1,337
LWAS/DFA Two-Year Fixed Income Portfolio	$	454	$	470	$	202	$	3		14		1,143
LWAS/DFA Two-Year Government Portfolio		393		364		53		1		22		833

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
LWAS/DFA U.S. High Book to Market Portfolio	$	77,820	$	2,395	$	(11,731	)	$	(9,336	)
LWAS/DFA Two-Year Fixed Income Portfolio		84,063		51		(418	)		(367	)
LWAS/DFA Two-Year Government Portfolio		133,514		53		(586	)		(533	)

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes." This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Portfolios' tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2005 through the period ended October 31, 2008), for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Portfolios' financial statements.

G. Financial Instruments:

In accordance with the Portfolios' investment objectives and policies, the Portfolios may invest in certain financial instruments that have off-balance sheet risk in excess of the amounts recognized in the Financial Statements and concentrations of credit and market risk. The instruments and its significant corresponding risks are described below:

Repurchase Agreements: The LWAS/DFA Two-Year Fixed Income Portfolio and the LWAS/DFA Two-Year Government Portfolio may purchase money market instruments subject to the counterparty's agreement to repurchase them at an agreed upon date and price. The counterparty will be required on a daily basis to maintain the value of the collateral subject to the agreement at not less than the repurchase price (including accrued interest). The agreements are conditioned upon the collateral being deposited under the Federal Reserve book-entry system or with the Fund's custodian or a third party sub-custodian. In the event of default or bankruptcy by the other party to the agreement, retention of the collateral may be subject to legal proceedings. All open repurchase agreements were entered into on October 31, 2008.

H. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 30, 2003 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 23, 2009. There were no borrowings by the Portfolios under this line of credit during the period ended O ctober 31, 2008.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2009. There were no borrowings by the Portfolios under this line of credit during the period ended October 31, 2008.

I. Indemnitees; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund.

J. Recently Issued Accounting Standards and Interpretation:

K. Other:

At October 31, 2008, the following number of shareholders held the following approximate percentages of outstanding shares of the Portfolios. One or more of the shareholders is an omnibus account, which typically hold shares for the benefit of several other underlying investors.

	Number of Shareholders		Approximate Percentage of Outstanding Shares
LWAS/DFA U.S. High Book to Market Portfolio		2		96	%
LWAS/DFA Two-Year Fixed Income Portfolio		2		89	%
LWAS/DFA Two-Year Government Portfolio		2		95	%

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders of the Portfolios, as defined, and
Board of Directors of Dimensional Investment Group Inc.:

In our opinion, the accompanying statement of assets and liabilities of LWAS/DFA U.S. High Book to Market Portfolio, and the statements of assets and liabilities, including the schedules of investments, of LWAS/DFA Two-Year Fixed Income Portfolio and LWAS/DFA Two-Year Government Portfolio, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of LWAS/DFA U.S. High Book to Market Portfolio, LWAS/DFA Two-Year Fixed Income Portfolio and LWAS/DFA Two-Year Government Portfolio, (constituting portfolios within Dimensional Investment Group Inc., hereafter referred to as the "Portfolios") at October 31, 2008, the results of each of their operations, the changes in each of their net assets and the financial highlights for each of the periods indicated, in conformity with accounting principles generally accepted in the United States of America . These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Portfolios' management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at October 31, 2008 by correspondence with the custodian, and by correspondence with the transfer agent of the i nvestee fund, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania
December 22, 2008

DFA INVESTMENT DIMENSIONS GROUP INC.
PERFORMANCE CHART

DFA INVESTMENT DIMENSIONS GROUP INC.
MANAGEMENT'S DISCUSSION AND ANALYSIS

International Equity Market Review 11 Months Ended October 31, 2008

Total Returns for 11 Months Ended October 31, 2008

Ten Largest Foreign Developed Markets by Market Cap (BB)	Local Currency Return			U.S. Dollar Return
Japan ($2,111)		–43.55	%		–36.33	%
United Kingdom ($1,758)		–29.61	%		–44.68	%
France ($872)		–36.80	%		–45.40	%
Canada ($786)		–25.69	%		–38.91	%
Germany ($705)		–37.97	%		–46.42	%
Switzerland ($704)		–30.05	%		–32.39	%
Australia ($513)		–35.10	%		–51.58	%
Spain ($331)		–40.19	%		–48.33	%
Italy ($301)		–43.34	%		–51.06	%
Netherlands ($206)		–41.65	%		–49.59	%

Small company stocks were the poorest-performing asset classes in international markets, while large company growth stocks had the best relative results.

Total Returns for 11 Months Ended October 31, 2008

	U.S. Dollar Return
MSCI World ex USA Small Cap Index		–50.30	%
MSCI World ex USA Value Index		–45.31	%
MSCI World ex USA Index		–44.37	%
MSCI World ex USA Growth Index		–43.47	%

Total Returns for 11 Months Ended October 31, 2008

Country	U.S. Dollar Return
Argentina		–55.00	%
Brazil		–51.21	%
Chile		–36.59	%
China		–59.33	%
Czech Republic		–40.25	%
Hungary		–58.65	%
India		–61.19	%
Indonesia		–59.87	%
Israel		–23.01	%
Malaysia		–40.52	%
Mexico		–44.05	%
Philippines		–49.76	%
Poland		–51.90	%
South Africa		–47.38	%
South Korea		–55.75	%
Taiwan		–43.57	%
Thailand		–51.81	%
Turkey		–59.24	%

Master-Feeder Structure

LWAS/DFA International High Book to Market Portfolio

The LWAS/DFA International High Book to Market Portfolio seeks to capture the returns of international large company value stocks by purchasing shares of a Master Fund that invests in such stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to large cap value stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Master Fund held approximately 530 stocks in 22 developed-country markets, and essentially was fully invested in equities throughout the year: cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Master Fund's assets.

As a result of the Master Fund's diversified investment approach, performance principally was determined by broad structural trends in global equity markets, rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, total returns were –44.81% for the MSCI EAFE Index (net dividends), –44.37% for the MSCI World ex USA Index (net dividends), and –47.99% for the Master Fund's Portfolio. Relative to both Indexes, the underperformance of the Portfolio was primarily due to a greater allocation to value stocks in general and financial stocks in particular, both of which underperformed the Indexes. Value stocks, which accounted for approximately 69% of the Master Fund compared to 28% of the Indexes, underperformed both Indexes by approximately 4 percentage points. Financials, which accounted for 44% of the Master Fund compared to 25% of the Indexes, underperformed both Indexes by approximately 8 percentage points. A lower allocation to health care stocks, which accounted for less than 1% of the Master Fund compared to 6% of the Indexes and outperformed both Indexes by approximately 22 percentage points, also contributed to the underperformance.

DFA INVESTMENT DIMENSIONS GROUP INC.

LWAS/DFA INTERNATIONAL HIGH BOOK TO MARKET PORTFOLIO

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrate your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Please note that the expenses shown in the table. are meant to highlight and help you compare ongoing costs only and do not reflect any transactional costs, if applicable. The "Annualized Expense Ratio" represents the actual expenses for the six-month period indicated.

Six Months Ended October 31, 2008

EXPENSE TABLE

	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	554.90		0.46	%	$	1.80
Hypothetical 5% Annual Return	$	1,000.00	$	1,022.82		0.46	%	$	2.34

DFA INVESTMENT DIMENSIONS GROUP INC.

LWAS/DFA INTERNATIONAL HIGH BOOK TO MARKET PORTFOLIO

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

Affiliated Investment Company

100.0

DFA INVESTMENT DIMENSIONS GROUP INC.

LWAS/DFA INTERNATIONAL HIGH BOOK TO MARKET PORTFOLIO

STATEMENT OF ASSETS AND LIABILITIES

OCTOBER 31, 2008

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investment in The DFA International Value Series of The DFA Investment Trust Company (Affiliated Investment Company) (7,392,735 Shares) at Value†	$	84,351
Receivables:
Affiliated Investment Company Shares Sold		366
Fund Shares Sold		2
Prepaid Expenses and Other Assets		5
Total Assets		84,724
LIABILITIES:
Payables:
Fund Shares Redeemed		368
Due to Advisor		1
Accrued Expenses and Other Liabilities		36
Total Liabilities		405
NET ASSETS	$	84,319
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		7,397,461
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	11.40
Investment in Affiliated Investment Company at Cost	$	64,551
NET ASSETS CONSIST OF:
Paid-In Capital	$	57,641
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		244
Accumulated Net Realized Gain (Loss)		26,434
Net Unrealized Appreciation (Depreciation)		—
NET ASSETS	$	84,319
(1) NUMBER OF SHARES AUTHORIZED		100,000,000

See accompanying Notes to Financial Statements.
28

DFA INVESTMENT DIMENSIONS GROUP INC.

LWAS/DFA INTERNATIONAL HIGH BOOK TO MARKET PORTFOLIO

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Income Distributions Received from Affiliated Investment Company	$	5,374		$	5,658
Expenses
Administrative Services Fees		13			19
Accounting & Transfer Agent Fees		13			15
Shareholder Servicing Fees		256			358
Filing Fees		13			18
Shareholders' Reports		18			25
Directors'/Trustees' Fees & Expenses		—			1
Professional Fees		5			4
Other		5			3
Total Expenses		323			443
Net Investment Income (Loss)		5,051			5,215
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Affiliated Investment Company		12,068			4,751
Net Realized Gain (Loss) on Affiliated Investment Company Shares Sold		(159	)		7,417
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		(98,856	)		12,046
Net Realized and Unrealized Gain (Loss)		(86,947	)		24,214
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(81,896	)	$	29,429

See accompanying Notes to Financial Statements.
29

DFA INVESTMENT DIMENSIONS GROUP INC.

LWAS/DFA INTERNATIONAL HIGH BOOK TO MARKET PORTFOLIO

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	5,051		$	5,215		$	5,125
Capital Gain Distributions Received from Affiliated Investment Company		12,068			4,751			3,904
Net Realized Gain (Loss) on Affiliated Investment Company Shares Sold		(159	)		7,417			1,269
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		(98,856	)		12,046			38,680
Net Increase (Decrease) in Net Assets Resulting from Operations		(81,896	)		29,429			48,978
Distributions From:
Net Investment Income		(5,330	)		(4,570	)		(5,176	)
Net Short-Term Gains		(1,075	)		(1,512	)		(634	)
Net Long-Term Gains		(10,361	)		(3,475	)		(5,714	)
Total Distributions		(16,766	)		(9,557	)		(11,524	)
Capital Share Transactions (1):
Shares Issued		13,918			12,669			22,569
Shares Issued in Lieu of Cash Distributions		14,298			8,135			9,828
Shares Redeemed		(30,474	)		(35,421	)		(28,649	)
Net Increase (Decrease) from Capital Share Transactions		(2,258	)		(14,617	)		3,748
Total Increase (Decrease) in Net Assets		(100,920	)		5,255			41,202
Net Assets
Beginning of Period		185,239			179,984			138,782
End of Period	$	84,319		$	185,239		$	179,984
(1) Shares Issued and Redeemed:
Shares Issued		875			540			1,185
Shares Issued in Lieu of Cash Distributions		690			359			550
Shares Redeemed		(1,785	)		(1,504	)		(1,449	)
		(220	)		(605	)		286
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	244		$	522		$	139

See accompanying Notes to Financial Statements.
30

DFA INVESTMENT DIMENSIONS GROUP INC.

LWAS/DFA INTERNATIONAL HIGH BOOK TO MARKET PORTFOLIO

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	24.32		$	21.89		$	17.49		$	15.93		$	12.55		$	9.61
Income from Investment Operations
Net Investment Income (Loss)		0.66	(A)		0.65	(A)		0.61	(A)		0.48			0.27			0.24
Net Gains (Losses) (Realized and Unrealized)		(11.36	)		2.98			5.23			1.87			3.63			3.07
Total from Investment Operations		(10.70	)		3.63			5.84			2.35			3.90			3.31
Less Distributions
Net Investment Income		(0.70	)		(0.58	)		(0.63	)		(0.43	)		(0.51	)		(0.24	)
Net Realized Gains		(1.52	)		(0.62	)		(0.81	)		(0.36	)		(0.01	)		(0.13	)
Total Distributions		(2.22	)		(1.20	)		(1.44	)		(0.79	)		(0.52	)		(0.37	)
Net Asset Value, End of Period	$	11.40		$	24.32		$	21.89		$	17.49		$	15.93		$	12.55
Total Return		(47.99	)%(C)		17.05	%		35.40	%		15.32	%		31.89	%		35.96	%
Net Assets, End of Period (thousands)	$	84,319		$	185,239		$	179,984		$	138,782		$	130,397		$	109,942
Ratio of Expenses to Average Net Assets (D)		0.47	%(B)		0.46	%		0.47	%		0.50	%		0.52	%		0.55	%
Ratio of Net Investment Income to Average Net Assets		3.74	%(B)		2.76	%		3.14	%		2.88	%		1.88	%		2.20	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
31

  DFA INVESTMENT DIMENSIONS GROUP INC.
  LWAS/DFA INTERNATIONAL HIGH BOOK TO MARKET PORTFOLIO
  NOTES TO FINANCIAL STATEMENTS

A. Organization:

DFA Investment Dimensions Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of fifty-six operational portfolios, of which the LWAS/DFA International High Book to Market Portfolio ("the Portfolio") is presented in this report.

The financial statements of the Series are included elsewhere in this report and should be read in conjunction with these financial statements.

At a regular meeting of the Board of Directors/Trustees (the "Board") on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Portfolio from November 30 to October 31.

B. Significant Accounting Policies:

1. Security Valuation: The shares of the Series held by the Portfolio are valued at its daily net asset value.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value of investments)

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
LWAS/DFA International High Book to Market Portfolio	$	84,351		—		—	$	84,351

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of affiliated investment company shares are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received from the investment in affiliated investment company that represent a return of capital or capital gain are recorded as a reduction of cost of investments or a realized gain, respectively. Expenses directly attributable to the Portfolio are directly charged. Common expenses of the Fund are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

Dimensional Fund Advisors LP ("Dimensional" or the "Advisor") provides administrative services to the Portfolio, including supervision of services provided by others, providing information to the shareholders and to the Board of Directors/Trustees, and other administrative services. The Advisor provides investment advisory services to the Series. For the period December 1, 2007 to October 31, 2008, the Portfolio's administrative services fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.01% of average daily net assets.

In addition, pursuant to a Client Service Agreement with LWI Financial Inc. ("LWIF"), the Portfolio pays a Shareholder Servicing fee to LWIF at the effective annual rate of 0.19% of its average daily net assets.

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Fund; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Fund. For the period December 1, 2007 to October 31, 2008, the total related amounts paid by the Fund to the CCO were $159 (in thousands). The total related amount paid by the Portfolio is included in Other Expenses on the Statement of Operations.

D. Federal Income Taxes:

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent they are charged, or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of October 31, 2008, primarily attributable to the utilization of

accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for income tax purposes were reclassified to the following accounts. These reclassifications had no effect on net asset value per share (amounts in thousands):

				Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains/(Losses)
LWAS/DFA International High Book to Market Portfolio				$	1			$	(1	)

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gain		Total
2006	$	6,063	$	5,851	$	11,914
2007		6,376		3,987		10,363
2008		6,405		10,361		16,766

At October 31, 2008, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

				Undistributed Net Investment Income and Short-Term Capital Gains				Undistributed Long-Term Capital Gains				Total Net Distributable Earnings/ (Accumulated Losses)
				$	247			$	26,433			$	26,680

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2008, the Portfolio had no capital loss carryforwards available to offset future realized capital gains.

				Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
				$	84,317				—				—				—

E. Line of Credit:

under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at the current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 23, 2009. There were no borrowings by the Portfolio under this line of credit during the period ended October 31, 2008.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2009. There were no borrowings by the Portfolio under this line of credit during the period ended October 31, 2008.

F. Indemnitees; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund.

G. Recently Issued Accounting Standards and Interpretation:

H. Other:

At October 31, 2008, two shareholders held approximately 95% of the outstanding shares of the Portfolio. One or more of the shareholders is an omnibus account, which typically hold shares for the benefit of several other underlying investors.

I. Subsequent Event Note:

The master fund had book/tax differences upon its deemed liquidation. The following summary of permanent differences occurred as of the respective effective "Check the Box" election date.

				Increase (Decrease) Paid-in Capital				Unrealized Appreciation (Depreciation) Investment Securities				Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains(Losses)
				$	(2,187,614,395	)		$	2,319,051,847			$	(602,214	)		$	(130,835,238	)

As a result of the transaction, The DFA International Value Series recognized a ($2,309,440,866) and ($718,733) capital and currency loss respectively for tax year ended October 31, 2008. Additionally, the Series has written off $2,178,493,687 of expired capital loss carryover as a permanent book/tax reporting difference decreasing paid in capital.

	Unrealized Appreciation (Depreciation) Investment Securities			Increase (Decrease) Accumulated Net Realized Gains(Losses)
DFA International Value Portfolio	$	1,598,039,236		$	(1,598,039,236	)
DFA International Value Portfolio II		49,859,737			(49,859,737	)
DFA International Value Portfolio III	��	155,866,882			(155,866,882	)
DFA International Value Portfolio IV		82,052,198			(82,052,198	)
LWAS/DFA International High Book To Market Portfolio		(19,800,535	)		19,800,535

For financial reporting purposes, this transaction had no impact on the net assets of the respective funds.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders of LWAS/DFA International High Book to Market Portfolio and
Board of Directors of DFA Investment Dimensions Group Inc.:

In our opinion, the accompanying statement of assets and liabilities, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of LWAS/DFA International High Book to Market Portfolio (one of the portfolios constituting DFA Investment Dimensions Group Inc., hereafter referred to as the "Portfolio") at October 31, 2008, the results of its operations, the changes in its net assets and the financial highlights for each of the periods indicated, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Portfolio's management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in ac cordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at October 31, 2008 by correspondence with the transfer agent of the investee fund, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania
December 22, 2008

THE DFA INVESTMENT TRUST COMPANY
PERFORMANCE CHARTS

THE DFA INVESTMENT TRUST COMPANY

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Tables below illustrate your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended October 31, 2008

EXPENSE TABLES

The U.S. Large Cap Value Series	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	648.60		0.11	%	$	0.46
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.58		0.11	%	$	0.56
The DFA International Value Series
Actual Fund Return	$	1,000.00	$	555.50		0.23	%	$	0.90
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.98		0.23	%	$	1.17

THE DFA INVESTMENT TRUST COMPANY

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

DOMESTIC AND INTERNATIONAL EQUITY PORTFOLIOS

	Consumer Discretionary			Consumer Staples			Energy			Financials			Health Care			Industrials			Information Technology			Materials			Telecommunication Services			Utilities			Total
The U.S. Large Cap Value Series		12.6	%		5.5	%		15.1	%		30.8	%		1.8	%		17.4	%		4.6	%		3.4	%		8.7	%		0.1	%		100.0	%
The DFA International Value Series		12.2	%		5.1	%		5.5	%		41.4	%		0.5	%		10.0	%		3.6	%		9.3	%		9.0	%		3.4	%		100.0	%

THE U.S. LARGE CAP VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (88.7%)
Consumer Discretionary — (11.6%)
CBS Corp. Class B		5,590,306	$	54,281,871		0.8	%
Comcast Corp. Class A		12,216,542		192,532,702		2.9	%
# Comcast Corp. Special Class A Non-Voting		3,110,315		47,961,057		0.7	%
* Liberty Media Corp. - Entertainment Class A		3,864,672		62,221,219		0.9	%
# Time Warner, Inc.		18,369,180		185,345,026		2.7	%
# Tyco Electronics, Ltd.		1,537,111		29,881,438		0.4	%
Other Securities				292,496,695		4.4	%
Total Consumer Discretionary				864,720,008		12.8	%
Consumer Staples — (4.9%)
Archer-Daniels-Midland Co.		1,219,060		25,271,114		0.4	%
# Coca-Cola Enterprises, Inc.		3,519,272		35,368,684		0.5	%
Kraft Foods, Inc.		5,533,321		161,240,974		2.4	%
Molson Coors Brewing Co.		755,890		28,240,050		0.4	%
Other Securities				116,481,392		1.7	%
Total Consumer Staples				366,602,214		5.4	%
Energy — (13.4%)
# Anadarko Petroleum Corp.		3,422,156		120,802,107		1.8	%
# Apache Corp.		2,051,191		168,874,555		2.5	%
# Chesapeake Energy Corp.		2,496,221		54,841,975		0.8	%
# ConocoPhillips		4,659,773		242,401,391		3.6	%
# Devon Energy Corp.		1,962,942		158,723,490		2.4	%
Marathon Oil Corp.		2,640,550		76,840,005		1.1	%
Other Securities				177,364,431		2.6	%
Total Energy				999,847,954		14.8	%
Financials — (27.3%)
Allstate Corp.		2,540,615		67,046,830		1.0	%
# Bank of America Corp.		7,236,574		174,907,994		2.6	%
# Capital One Financial Corp.		1,668,884		65,286,742		1.0	%
# Chubb Corp.		1,620,173		83,957,365		1.2	%
# Cincinnati Financial Corp.		1,305,789		33,937,456		0.5	%
CNA Financial Corp.		1,896,282		29,506,148		0.4	%
JPMorgan Chase & Co.		7,213,911		297,573,829		4.4	%
Loews Corp.		3,808,002		126,463,746		1.9	%
# M&T Bank Corp.		440,052		35,688,217		0.5	%
# Merrill Lynch & Co., Inc.		1,408,640		26,186,618		0.4	%
# MetLife, Inc.		5,000,810		166,126,908		2.5	%
# Morgan Stanley		2,999,997		52,409,948		0.8	%
# New York Community Bancorp, Inc.		2,223,800		34,824,708		0.5	%
# Prudential Financial, Inc.		1,829,600		54,888,000		0.8	%
# SunTrust Banks, Inc.		945,360		37,946,750		0.6	%
The Travelers Companies, Inc.		5,075,909		215,979,928		3.2	%
Unum Group		2,404,389		37,869,127		0.6	%
Other Securities				492,099,070		7.3	%
Total Financials				2,032,699,384		30.2	%
Health Care — (1.6%)
*# WellPoint, Inc.		1,694,537		65,866,653		1.0	%
Other Securities				52,007,419		0.8	%
Total Health Care				117,874,072		1.8	%

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Industrials — (15.4%)
*# Allied Waste Industries, Inc.		2,682,276	$	27,949,316		0.4	%
# Burlington Northern Santa Fe Corp.		2,178,273		193,996,993		2.9	%
# CSX Corp.		3,309,804		151,324,239		2.2	%
FedEx Corp.		432,063		28,243,958		0.4	%
# Norfolk Southern Corp.		3,154,102		189,056,874		2.8	%
# Northrop Grumman Corp.		2,590,384		121,463,106		1.8	%
# Southwest Airlines Co.		5,076,220		59,797,872		0.9	%
Union Pacific Corp.		4,066,600		271,526,882		4.0	%
Other Securities				105,722,697		1.7	%
Total Industrials				1,149,081,937		17.1	%
Information Technology — (3.7%)
*# Computer Sciences Corp.		1,361,543		41,064,137		0.6	%
*# Symantec Corp.		2,636,076		33,161,836		0.5	%
Xerox Corp.		3,605,491		28,916,038		0.4	%
Other Securities				170,627,649		2.6	%
Total Information Technology				273,769,660		4.1	%
Materials — (3.0%)
# Dow Chemical Co.		2,427,760		64,748,359		1.0	%
# International Paper Co.		1,643,445		28,300,123		0.4	%
# Weyerhaeuser Co.		1,415,829		54,112,984		0.8	%
Other Securities				78,273,714		1.1	%
Total Materials				225,435,180		3.3	%
Telecommunication Services — (7.7%)
# AT&T, Inc.		9,749,000		260,980,730		3.9	%
# Verizon Communications, Inc.		8,542,208		253,447,311		3.7	%
Other Securities				58,656,568		0.9	%
Total Telecommunication Services				573,084,609		8.5	%
Utilities — (0.1%)
Total Utilities				4,787,743		0.1	%
TOTAL COMMON STOCKS				6,607,902,761		98.1	%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (1.9%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $130,825,000 FNMA 5.50%, 05/01/37 & 6.00%, 05/01/38, valued at $146,641,902) to be repurchased at $144,481,317	$	144,470		144,470,000		2.1	%

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
SECURITIES LENDING COLLATERAL — (9.4%)
§@ DFA Short Term Investment Fund LP		641,002,721	$	641,002,721		9.5	%
@ PNC Demand Deposit Account 0.22%		10,000,000		10,000,000		0.2	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securitites 0.24%, 11/03/08 (Collateralized by $65,652,304 FNMA, rates ranging from 5.500% to 7.000%, maturities ranging from 07/01/33 to 09/01/38 & U.S. Treasury STRIP 0.599%(y), 02/15/09, valued at $49,188,211) to be repurchased at $48,070,107	$	48,069		48,069,158		0.7	%
TOTAL SECURITIES LENDING COLLATERAL				699,071,879		10.4	%
TOTAL INVESTMENTS — (100.0%) (Cost $9,331,596,076)			$	7,451,444,640		110.6	%

See accompanying Notes to Financial Statements.

THE DFA INTERNATIONAL VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value††		Percentage of Net Assets**
AUSTRALIA — (4.7%)
COMMON STOCKS — (4.7%)
Australia & New Zealand Banking Group, Ltd.		3,302,749	$	38,716,458		0.8	%
Commonwealth Bank of Australia		2,119,091		57,926,994		1.2	%
# National Australia Bank, Ltd.		3,087,538		50,098,709		1.1	%
Other Securities				107,641,792		2.3	%
TOTAL — AUSTRALIA				254,383,953		5.4	%
AUSTRIA — (0.5%)
COMMON STOCKS — (0.5%)
Other Securities				28,305,261		0.6	%
BELGIUM — (0.5%)
COMMON STOCKS — (0.5%)
Other Securities				29,328,450		0.6	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				256		0.0	%
TOTAL — BELGIUM				29,328,706		0.6	%
CANADA — (5.9%)
COMMON STOCKS — (5.9%)
# Barrick Gold Corp.		1,226,832		28,052,344		0.6	%
# EnCana Corp.		560,598		28,478,732		0.6	%
Petro-Canada		1,205,300		30,140,000		0.6	%
Sun Life Financial, Inc.		1,262,400		29,693,056		0.6	%
Other Securities				200,692,451		4.4	%
TOTAL — CANADA				317,056,583		6.8	%
DENMARK — (0.9%)
COMMON STOCKS — (0.9%)
Other Securities				46,987,354		1.0	%
FINLAND — (1.0%)
COMMON STOCKS — (1.0%)
Other Securities				52,418,538		1.1	%
FRANCE — (8.5%)
COMMON STOCKS — (8.5%)
# AXA SA		2,818,397		53,842,817		1.2	%
# BNP Paribas SA		1,558,158		112,501,123		2.4	%
# Compagnie de Saint-Gobain		580,915		22,415,677		0.5	%
Vivendi SA		2,482,257		64,884,026		1.4	%
Other Securities				208,936,536		4.3	%
TOTAL — FRANCE				462,580,179		9.8	%
GERMANY — (8.8%)
COMMON STOCKS — (8.8%)
Allianz SE		442,712		33,313,833		0.7	%
# Daimler AG		1,684,003		57,854,323		1.2	%
# Deutsche Bank AG		774,190		28,921,349		0.6	%
# Deutsche Telekom AG		2,621,866		38,930,629		0.8	%
Deutsche Telekom AG Sponsored ADR		2,705,150		40,171,477		0.9	%
E.ON AG		1,781,013		68,160,893		1.5	%
# E.ON AG Sponsored ADR		1,091,708		41,484,904		0.9	%

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
Munchener Rueckversicherungs-Gesellschaft AG		388,934	$	50,491,309		1.1	%
Other Securities				114,673,630		2.4	%
TOTAL — GERMANY				474,002,347		10.1	%
GREECE — (0.3%)
COMMON STOCKS — (0.3%)
Other Securities				14,142,756		0.3	%
HONG KONG — (2.5%)
COMMON STOCKS — (2.5%)
# Cheung Kong Holdings, Ltd.		3,224,000		30,955,317		0.7	%
Hutchison Whampoa, Ltd.		5,472,000		29,569,976		0.6	%
Sun Hung Kai Properties, Ltd.		2,528,000		22,148,070		0.5	%
Other Securities				54,353,926		1.1	%
TOTAL — HONG KONG				137,027,289		2.9	%
IRELAND — (0.3%)
COMMON STOCKS — (0.3%)
Other Securities				16,882,601		0.4	%
ITALY — (1.9%)
COMMON STOCKS — (1.9%)
UniCredito Italiano SpA		10,088,794		24,697,595		0.5	%
Other Securities				78,187,153		1.7	%
TOTAL — ITALY				102,884,748		2.2	%
JAPAN — (13.3%)
COMMON STOCKS — (13.3%)
FUJIFILM Holdings Corp.		1,077,300		24,799,840		0.5	%
Hitachi, Ltd.		6,574,000		30,865,283		0.7	%
Tokio Marine Holdings, Inc.		1,457,311		44,952,061		1.0	%
Other Securities				621,977,287		13.2	%
TOTAL — JAPAN				722,594,471		15.4	%
NETHERLANDS — (3.5%)
COMMON STOCKS — (3.5%)
# ArcelorMittal		1,877,993		48,755,658		1.0	%
ING Groep NV		3,093,625		29,019,312		0.6	%
Koninklijke Philips Electronics NV		3,192,970		59,005,541		1.3	%
Other Securities				50,984,660		1.1	%
TOTAL — NETHERLANDS				187,765,171		4.0	%
NEW ZEALAND — (0.1%)
COMMON STOCKS — (0.1%)
Other Securities				7,460,246		0.2	%
NORWAY — (0.8%)
COMMON STOCKS — (0.8%)
Other Securities				42,910,368		0.9	%
PORTUGAL — (0.1%)
COMMON STOCKS — (0.1%)
Other Securities				6,541,713		0.1	%
SINGAPORE — (1.1%)
COMMON STOCKS — (1.1%)
Other Securities				57,732,771		1.2	%
SPAIN — (4.2%)
COMMON STOCKS — (4.2%)
# Banco Santander Central Hispano SA		7,025,356		75,980,397		1.6	%
# Banco Santander SA Sponsored ADR		3,044,700		32,700,078		0.7	%
Repsol YPF SA		1,204,043		22,895,968	��	0.5	%

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
Repsol YPF SA Sponsored ADR		1,285,700	$	24,582,584		0.5	%
Other Securities				68,834,633		1.5	%
TOTAL — SPAIN				224,993,660		4.8	%
SWEDEN — (2.4%)
COMMON STOCKS — (2.4%)
# Nordea Bank AB		4,247,718		34,046,034		0.7	%
Other Securities				94,071,267		2.0	%
TOTAL — SWEDEN				128,117,301		2.7	%
SWITZERLAND — (5.9%)
COMMON STOCKS — (5.9%)
* Compagnie Financiere Richemont SA Series A		1,125,900		23,669,433		0.5	%
Credit Suisse Group AG		1,755,349		65,639,295		1.4	%
# Credit Suisse Group AG Sponsored ADR		591,859		22,135,527		0.5	%
Holcim, Ltd.		435,033		24,709,544		0.5	%
Swiss Re		725,996		30,276,699		0.6	%
Zurich Financial SVCS AG		300,246		60,913,201		1.3	%
Other Securities				92,813,720		2.0	%
TOTAL — SWITZERLAND				320,157,419		6.8	%
UNITED KINGDOM — (17.2%)
COMMON STOCKS — (17.2%)
Anglo American P.L.C.		1,329,421		33,356,819		0.7	%
Aviva P.L.C.		6,571,996		39,201,982		0.8	%
# Barclays P.L.C. Sponsored ADR		2,197,790		23,670,198		0.5	%
# HSBC Holdings P.L.C. Sponsored ADR		2,176,243		128,398,337		2.7	%
Kingfisher P.L.C.		12,172,495		22,467,306		0.5	%
Royal Dutch Shell P.L.C. ADR		1,294,780		71,588,386		1.5	%
RSA Insurance Group P.L.C.		12,939,111		28,774,426		0.6	%
Vodafone Group P.L.C.		56,881,367		109,423,488		2.3	%
Vodafone Group P.L.C. Sponsored ADR		6,370,018		122,750,247		2.6	%
William Morrison Supermarkets P.L.C.		6,906,878		29,409,035		0.6	%
Other Securities				324,025,564		7.1	%
TOTAL — UNITED KINGDOM				933,065,788		19.9	%
	Face Amount		Value†
	(000)
TEMPORARY CASH INVESTMENTS — (1.6%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $92,080,000 FHLMC 4.50%, 05/01/23, valued at $87,591,100) to be repurchased at $86,299,760	$	86,293		86,293,000		1.8	%
	Shares
SECURITIES LENDING COLLATERAL — (14.0%)
§@ DFA Short Term Investment Fund LP		757,347,231		757,347,231		16.1	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securities 0.25%, 11/03/08 (Collateralized by $3,471,793 FHLMC 7.000%, 08/01/37, valued at $2,958,290) to be repurchased at $2,900,344	$	2,900		2,900,284		0.1	%
TOTAL SECURITIES LENDING COLLATERAL				760,247,515		16.2	%
TOTAL INVESTMENTS — (100.0%) (Cost $7,723,320,604)			$	5,413,879,738		115.2	%

See accompanying Notes to Financial Statements.
46

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2008

(Amounts in thousands, except share and per share amounts)

	The U.S. Large Cap Value Series			The DFA International Value Series
ASSETS:
Investments at Value (including $690,374 and $717,470 of securities on loan, respectively)	$	6,607,903		$	4,567,339
Temporary Cash Investments at Value & Cost		144,470			86,293
Collateral Received from Securities on Loan at Value & Cost		699,072			760,248
Foreign Currencies at Value		—			14,156
Cash		—			15
Receivables:
Investment Securities Sold		10,617			38,170
Dividends, Interest, and Tax Reclaims		12,718			15,310
Securities Lending Income		1,430			1,186
Fund Shares Sold		4,995			10,712
Fund Margin Variation		29			19
Prepaid Expenses and Other Assets		7			7
Total Assets		7,481,241			5,493,455
LIABILITIES:
Payables:
Upon Return of Securities Loaned		699,072			760,248
Investment Securities Purchased		41,685			31,085
Fund Shares Redeemed		136			510
Due to Advisor		570			853
Accrued Expenses and Other Liabilities		415			422
Total Liabilities		741,878			793,118
NET ASSETS	$	6,739,363		$	4,700,337
SHARES OUTSTANDING, $0.01 PAR VALUE (Unlimited Number of Shares Authorized)		497,037,187			412,114,828
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	13.56		$	11.41
Investments at Cost	$	8,488,055		$	6,876,780
Foreign Currencies at Cost	$	—		$	14,875
NET ASSETS CONSIST OF:
Paid-In Capital	$	9,162,464		$	4,700,337
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		(68	)		—
Accumulated Net Realized Gain (Loss)		(542,910	)		—
Net Unrealized Foreign Exchange Gain (Loss)		—			—
Net Unrealized Appreciation (Depreciation)		(1,880,123	)		—
NET ASSETS	$	6,739,363		$	4,700,337

See accompanying Notes to Financial Statements.
47

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	The U.S. Large Cap Value Series						The DFA International Value Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Dividends (Net of Foreign Taxes Withheld of $0, $0, $28,938 and $23,649, respectively)	$	166,659		$	152,304		$	300,627		$	278,708
Interest		1,529			4,285			1,071			2,113
Income from Securities Lending		7,486			2,119			19,332			14,342
Total Investment Income		175,674			158,708			321,030			295,163
Expenses
Investment Advisory Services Fees		8,436			10,188			14,643			18,039
Accounting & Transfer Agent Fees		847			1,011			739			900
Custodian Fees		90			108			914			1,185
Shareholders' Reports		82			103			78			84
Directors'/Trustees' Fees & Expenses		—			94			—			97
Professional Fees		166			157			171			139
Other		37			56			98			106
Total Expenses		9,658			11,717			16,643			20,550
Net Investment Income (Loss)		166,016			146,991			304,387			274,613
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		(422,637	)		(118,412	)		137,811			654,522
Futures		(1,861	)		—			(1,153	)		—
Foreign Currency Transactions		—			—			(4,593	)		2,498
In-Kind Redemptions		52,271	*		—			103,024	*		—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(3,601,292	)		(150,559	)		(5,026,911	)		403,307
Futures		29			—			19			—
Translation of Foreign Currency Denominated Amounts		—			—			(76	)		(180	)
Net Realized and Unrealized Gain (Loss)		(3,973,490	)		(268,971	)		(4,791,879	)		1,060,147
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(3,807,474	)	$	(121,980	)	$	(4,487,492	)	$	1,334,760

* See Note K in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
48

THE DFA INVESTMENT TRUST COMPANY

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	The U.S. Large Cap Value Series									The DFA International Value Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	166,016		$	146,991		$	119,373		$	304,387		$	274,613		$	193,174
Net Realized Gain (Loss) on:
Investment Securities Sold		(422,637	)		(118,412	)		477,934			137,811			654,522			201,700
Futures		(1,861	)		—			—			(1,153	)		—			—
Foreign Currency Transactions		—			—			—			(4,593	)		2,498			378
In-Kind Redemptions		52,271	*		—			—			103,024	*		—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(3,601,292	)		(150,559	)		631,814			(5,026,911	)		403,307			1,351,708
Futures		29			—			—			19			—			—
Translation of Foreign Currency Denominated Amounts		—			—			—			(76	)		(180	)		486
Net Increase (Decrease) in Net Assets Resulting from Operations		(3,807,474	)		(121,980	)		1,229,121			(4,487,492	)		1,334,760			1,747,446
Distributions From:
Net Investment Income		(168,022	)		(146,268	)		(127,544	)		(293,386	)		(278,093	)		(202,210	)
Net Short-Term Gains		—			(14,058	)		(14,160	)		(22,542	)		(14,957	)		(11,375	)
Net Long-Term Gains		—			(463,917	)		(186,026	)		(614,160	)		(185,943	)		(115,307	)
Total Distributions		(168,022	)		(624,243	)		(327,730	)		(930,088	)		(478,993	)		(328,892	)
Capital Share Transactions (1):
Shares Issued		1,370,762			1,783,358			1,997,675			927,878			1,731,698			1,589,921
Shares Issued in Lieu of Cash Distributions		165,455			600,794			317,835			916,898			465,562			307,948
Shares Redeemed		(980,680	)*		(344,913	)		(182,182	)		(1,365,580	)*		(871,558	)		(226,869	)
Net Increase (Decrease) from Capital Share Transactions		555,537			2,039,239			2,133,328			479,196			1,325,702			1,671,000
Total Increase (Decrease) in Net Assets		(3,419,959	)		1,293,016			3,034,719			(4,938,384	)		2,181,469			3,089,554
Net Assets
Beginning of Period		10,159,322			8,866,306			5,831,587			9,638,721			7,457,252			4,367,698
End of Period	$	6,739,363		$	10,159,322		$	8,866,306		$	4,700,337		$	9,638,721		$	7,457,252
(1) Shares Issued and Redeemed:
Shares Issued		74,071			75,958			92,566			50,328			72,431			80,546
Shares Issued in Lieu of Cash Distributions		9,754			26,704			15,344			45,073			20,227			16,678
Shares Redeemed		(52,609	)		(15,046	)		(8,564	)		(77,527	)		(36,444	)		(11,688	)
		31,216			87,616			99,346			17,874			56,214			85,536
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	(68	)	$	1,938		$	1,485		$		—	$	9,727		$	(7,523	)

* See Note K in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
49

THE DFA INVESTMENT TRUST COMPANY

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	The U.S. Large Cap Value Series																		The DFA International Value Series
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	21.81		$	23.44		$	20.91		$	18.55		$	15.41		$	13.01		$	24.45		$	22.06		$	17.30		$	16.04		$	12.40		$	9.33
Income from Investment Operations
Net Investment Income (Loss)		0.35	(A)		0.34	(A)		0.36	(A)		0.29			0.23			0.21			0.73	(A)		0.73	(A)		0.65	(A)		0.43			0.33			0.27
Net Gains (Losses) on Securities (Realized and Unrealized)		(8.25	)		(0.38	)		3.27			2.41			3.09			2.41			(11.45	)		2.98			5.27			1.95			3.61			3.06
Total from Investment Operations		(7.90	)		(0.04	)		3.63			2.70			3.32			2.62			(10.72	)		3.71			5.92			2.38			3.94			3.33
Less Distributions
Net Investment Income		(0.35	)		(0.33	)		(0.38	)		(0.32	)		(0.18	)		(0.22	)		(0.71	)		(0.73	)		(0.67	)		(0.52	)		(0.30	)		(0.25	)
Net Realized Gains		—			(1.26	)		(0.72	)		(0.02	)		—			—			(1.61	)		(0.59	)		(0.49	)		(0.60	)		—			(0.01	)
Total Distributions		(0.35	)		(1.59	)		(1.10	)		(0.34	)		(0.18	)		(0.22	)		(2.32	)		(1.32	)		(1.16	)		(1.12	)		(0.30	)		(0.26	)
Net Asset Value, End of Period	$	13.56		$	21.81		$	23.44		$	20.91		$	18.55		$	15.41		$	11.41		$	24.45		$	22.06		$	17.30		$	16.04		$	12.40
Total Return		(36.53	)%(C)		(0.32	)%		18.16	%		14.66	%		21.68	%		20.34	%		(47.87	)%(C)		17.32	%		35.73	%		15.61	%		32.15	%		36.24	%
Net Assets, End of Period (thousands)	$	6,739,363		$	10,159,322		$	8,866,306		$	5,831,587		$	3,919,913		$	2,510,662		$	4,700,337		$	9,638,721		$	7,457,252		$	4,367,698		$	2,804,043		$	1,604,778
Ratio of Expenses to Average Net Assets		0.11	%(B)		0.11	%		0.12	%		0.14	%		0.15	%		0.15	%		0.23	%(B)		0.23	%		0.23	%		0.27	%		0.28	%		0.30	%
Ratio of Net Investment Income to Average Net Assets		1.97	%(B)		1.44	%		1.68	%		1.56	%		1.41	%		1.62	%		4.15	%(B)		3.04	%		3.29	%		2.71	%		2.35	%		2.61	%
Portfolio Turnover Rate		19	%(C)		9	%		13	%		9	%		7	%		7	%		16	%(C)		16	%		8	%		10	%		15	%		14	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
50

THE DFA INVESTMENT TRUST COMPANY
NOTES TO FINANCIAL STATEMENTS

A. Organization:

At a regular meeting of the Board of Directors/Trustees (the "Board") on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Series from November 30 to October 31.

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America. Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates and those differences could be material.

1. Security Valuation: Securities held by the Series (including over-the-counter securities) are valued at the last quoted sale price of the day. Securities held by the Series that are listed on Nasdaq are valued at the Nasdaq Official Closing Price ("NOCP"). If there is no last reported sale price or NOCP for the day, the Series value the securities at the mean of the most recent quoted bid and asked prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end investment companies are valued using their respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the New York Stock Exchange (NYSE).

The DFA International Value Series (the "International Series") will also fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the NYSE. For example, trading in the Japanese securities markets is completed each day at the close of the Tokyo Stock Exchange (normally 11:00 p.m. PT), which is fourteen hours prior to the close of the NYSE (normally 1:00 p.m. PT) and the time that the net asset value of the International Series is computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the time the International Series prices its shares at the close of the NYSE, the International Series will fair value its foreign investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair value prices will attempt to reflect the impact of the U.S. financial markets' perceptions and trading activities on the International Series' foreign investments since the last closing prices of the foreign investments were calculated on their primary foreign securities markets or exchanges. For these purposes, the Board of Directors/Trustees of the International Series has determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable. Fair valuation of portfolio securities may occur on a daily basis. The fair value pricing by the International Series utilizes data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). The fair value prices of portfolio securities generally will be used when it is determined that the use of such prices will have a material impact on the net asset value of the Internation al Series. When the International Series uses fair value pricing, the values assigned to the International Series' foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges.

Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Series' own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Series' net assets as of October 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)								Other Financial Instruments (Unrealized Appreciation/ Depreciation)*
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
The U.S. Large Cap Value Series	$	6,607,903	$	843,542		—	$	7,451,445	$	29		—		—	$	29
The DFA International Value Series		1,004,378		4,409,502		—		5,413,880		19		—		—		19

2. Foreign Currency Translation: Securities and other assets and liabilities of The DFA International Value Series whose values are initially expressed in foreign currencies, are translated to U.S. dollars using the mean between the most recently quoted bid and asked prices for the U.S. dollar as quoted by generally recognized reliable sources. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked to market daily based on daily exchange rates, and exchange gains or losses are realized upon ultimate receipt or disbursement.

The DFA International Value Series does not isolate the effect of fluctuations in foreign exchange rates from the effect of fluctuations in the market prices of securities held whether realized or unrealized.

Realized gains or losses on foreign currency transactions represent net foreign exchange gains or losses from the disposition of foreign currencies, currency gains or losses realized between the trade and settlement dates on securities transactions, and the difference between amounts of interest, dividends and foreign withholding taxes recorded on The DFA International Value Series books and the U.S. dollar equivalent amounts actually received or paid.

4. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. The Series estimate the character of distributions received that may be considered return of capital distributions. Interest income is recorded on the accrual basis. Discount and premium on securities purchased are amortized over the lives of the respective securities utilizing the effective interest method. Expenses directly at tributable to a Series are directly charged. Common expenses of the Trust or Series are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

The DFA International Value Series may be subject to taxes imposed by countries in which it invests, with respect to its investments in issuers existing or operating in such countries. Such taxes are generally based on income earned or repatriated and capital gains realized on the sale of such investments. The DFA International Value Series accrues such taxes when the related income or capital gains are earned or throughout the holding period. Some countries require governmental approval for the repatriation of investment income, capital or the proceeds of sales of foreign investors. In addition, if there is a deterioration in a country's balance of payments or for other reasons, a country may impose temporary restrictions on foreign capital remittances abroad.

C. Investment Advisor:

Dimensional Fund Advisors LP ("Dimensional" or the "Advisor") provides investment advisory services to the Series. For the period December 1, 2007 to October 31, 2008, the investment advisory services fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.10% and 0.20% of average daily net assets for The U.S. Large Cap Value Series and The DFA International Value Series, respectively.

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Funds; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Trust. For the period December 1, 2007 to October 31, 2008, the total related amounts paid by the Trust to the CCO were $106 (in thousands). The total related amounts paid by each of the Series are included in Other Expenses on the Statement of Operations.

D. Deferred Compensation:

The U.S. Large Cap Value Series				$	134
The DFA International Value Series					117

E. Purchases and Sales of Securities:

For the period December 1, 2007 to October 31, 2008, the Series made the following purchases and sales of investment securities, other than short-term investments and U.S. government securities (amounts in thousands):

	Purchases		Sales
The U.S. Large Cap Value Series	$	2,227,129	$	1,690,939
The DFA International Value Series		1,266,540		1,523,257

There were no purchases or sales of long-term U.S. government securities.

F. Federal Income Taxes:

Each Series has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to its shareholders.

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of October 31, 2008, primarily attributable to net realized gains on securities considered to be "passive foreign investment companies" were reclassified to the following accounts. These reclassifications had no effect on net assets or net asset value per share. (amounts in thousands):

	Increase (Decrease) Paid-in Capital		Increase (Decrease) Undistributed Net Investment Income			Increase (Decrease) Accumulated Net Realized Gains/(Losses)
The U.S. Large Cap Value Series	$	52,271		—		$	(52,271	)
The DFA International Value Series		123,628	$	(20,126	)		(103,502	)

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
The U.S. Large Cap Value Series 2006	$	141,704	$	186,026	$	327,730
2007		160,367		463,876		624,243
2008		168,022		—		168,022
The DFA International Value Series 2006		213,585		115,307		328,892
2007		293,050		185,943		478,993
2008		336,790		613,845		950,635

At October 31, 2008, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

				Undistributed Net Investment Income and Short-Term Capital Gains				Undistributed Long-Term Capital Gains				Capital Loss Carryforward				Total Net Distributable Earnings/ (Accumulated Losses)
The U.S. Large Cap Value Series				$	66				—			$	(542,039	)		$	541,973

For federal income tax purposes, the Trust measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2008, The U.S. Large Cap Value Series had a capital loss carryforward available to offset future realized capital gains through the indicated expiration date (amount in thousands).

Expires on October 31,
2015		2016		Total
$	118,411	$	423,628	$	542,039

				Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
The U.S. Large Cap Value Series				$	9,332,438			$	582,282			$	(2,463,275	)		$	(1,880,993	)

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes." This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Series' tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2005 through the period ended October 31, 2008), for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Series' financial statements.

G. Financial Instruments:

2. Foreign Market Risks: Investments in foreign markets may involve certain consideration and risks not typically associated with investments in the United States of America, including the possibility of future political and economic developments and the level of foreign government supervision and regulation of foreign securities markets. These markets are generally smaller, less liquid and more volatile than the major securities markets in the United States of America. Consequently, acquisition and disposition of securities by the Series may be inhibited.

3. Futures Contracts: During the period December 1, 2007 to October 31, 2008, the Series entered into futures contracts in accordance with their investment objectives. Upon entering into a futures contract, the Series deposit cash or pledge U.S. Government securities to a broker, equal to the minimum "initial margin" requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as "variation margin" and are recorded daily by the Series as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Series record a realized gain or loss equal to the difference between the v alue of the contract at the time it was opened and the value at the time it was closed.

	Description	Expiration Date	Number of Contracts		Contract Value		Unrealized Gain (Loss)		Approximate Cash Collateral
The U.S. Large Cap Value Series	S&P 500 Index^®	December 19, 2008		235	$	56,829	$	29	$	5,816
The DFA International Value Series	S&P 500 Index^®	December 19, 2008		156		37,725		19		3,861

H. Line of Credit:

The Series, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 30, 2003 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 23, 2009.

For the period December 1, 2007 to October 31, 2008, borrowings under this line of credit by the Series were as follows (amounts in thousands, except percentages and days):

				Weighted Average Interest Rate				Weighted Average Loan Balance				Number of Days Outstanding				Interest Expense Incurred				Maximum Amount Borrowed During the Period
The U.S. Large Cap Value Series					4.03	%		$	5,774				4			$	3			$	5,880

There were no outstanding borrowings by the Series under this line of credit at October 31, 2008.

The Series, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2009.

For the period December 1, 2007 to October 31, 2008, borrowings under this line of credit by the Series were as follows (amounts in thousands, except percentages and days):

				Weighted Average Interest Rate				Weighted Average Loan Balance				Number of Days Outstanding				Interest Expense Incurred				Maximum Amount Borrowed During the Period
The DFA International Value Series					3.68	%		$	8,004				31			$	25			$	27,822

There were no outstanding borrowings by the Series under this line of credit at October 31, 2008.

I. Securities Lending:

the U.S. government or its agencies or shares of the DFA Short Term Investment Fund LP. Agencies include both agency debentures and agency mortgage backed securities. In addition, each Series will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible to be taxed at qualified dividend income rates.

J. Indemnitees; Contractual Obligations:

Under the Trust's organizational documents, its officers and trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust.

K. In-Kind Redemptions:

In accordance with guidelines described in the Series' prospectus, the Series may distribute portfolio securities rather than cash as payment for a redemption of fund shares (in-kind redemption). For financial reporting purposes, the Series recognizes a gain on in-kind redemptions to the extent the value of the distributed securities on the date of redemption exceeds the cost of those securities. Gains and losses realized on in-kind redemptions are not recognized for tax purposes and are reclassified from undistributed realized gain (loss) to paid-in capital. During the period December 1, 2007 to October 31, 2008, The U.S. Large Cap Value Series and The DFA International Value Series realized $52,271 and $103,024 (in thousands) of net gain.

L. Recently Issued Accounting Standards and Interpretation:

In March 2008, Statement of Financial Accounting Standards No. 161, Disclosures about Derivative Instruments and Hedging Activities ("FAS 161"), was issued and is effective for fiscal years beginning after November 15, 2008. FAS 161 defines new disclosures of derivative instruments and hedging activities. Management is currently evaluating the implications of FAS 161. At this time, its impact on the Series' financial statements has not been determined.

M. Subsequent Event Note:

The master fund had book/tax differences upon its deemed liquidation. The following summary of permanent differences occurred as of the respective effective "Check the Box" election date.

				Increase (Decrease) Paid-in Capital				Unrealized Appreciation (Depreciation) Investment Securities				Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains(Losses)
				$	(2,187,614,395	)		$	2,319,051,847			$	(602,214	)		$	(130,835,238	)

As a result of the transaction, The DFA International Value Series recognized a ($2,309,440,866) and ($718,733) capital and currency loss respectively for tax year ended October 31, 2008. Additionally, the Series has written off $2,178,493,687 of expired capital loss carryover as a permanent book/tax reporting difference decreasing paid in capital.

	Unrealized Appreciation (Depreciation) Investment Securities			Increase (Decrease) Accumulated Net Realized Gains(Losses)
DFA International Value Portfolio	$	1,598,039,236		$	(1,598,039,236	)
DFA International Value Portfolio II		49,859,737			(49,859,737	)
DFA International Value Portfolio III		155,866,882			(155,866,882	)
DFA International Value Portfolio IV		82,052,198			(82,052,198	)
LWAS/DFA International High Book To Market Portfolio		(19,800,535	)		19,800,535

For financial reporting purposes, this transaction had no impact on the net assets of the respective funds.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders of the Series, as defined, and
Board of Trustees of The DFA Investment Trust Company:

In our opinion, the accompanying statements of assets and liabilities, including the summary schedules of portfolio holdings, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of The U.S. Large Cap Value Series and The DFA International Value Series (constituting portfolios within The DFA Investment Trust Company, hereafter referred to as the "Series") at October 31, 2008, the results of each of their operations, the changes in each of their net assets and the financial highlights for each of the periods indicated, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Series' management; our responsibility is to express an opinion on these financial statements b ased on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at October 31, 2008 by correspondence with the custodians and brokers, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania
December 22, 2008

FUND MANAGEMENT

Trustees/Directors

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

Disinterested Trustees/Directors

George M. Constantinides
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue Chicago, IL 60637
Age: 61

DFAITC - since 1993
DFAIDG - since 1983
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Leo Melamed Professor of Finance, The University of Chicago Booth School of Business.

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

John P. Gould
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue
Chicago, IL 60637
Age: 69

DFAITC - since 1993
DFAIDG - since 1986
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Roger G. Ibbotson
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Yale School of Management
P.O. Box 208200
New Haven, CT 06520-8200
Age: 65

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Robert C. Merton
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Harvard Business School
353 Baker Library
Soldiers Field
Boston, MA 02163
Age: 64

DFAITC - since 2003
DFAIDG - since 2003
DIG - since 2003
DEM - since 2003

96 portfolios in 4 investment companies

Myron S. Scholes
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Platinum Grove Asset Management, L.P.
Reckson Executive Park
1100 King Street
Building 4
Rye Brook, NY 10573
Age: 67

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Abbie J. Smith
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue
Chicago, IL 60637
Age: 55

DFAITC - since 2000
DFAIDG - since 2000
DIG - since 2000
DEM - since 2000

96 portfolios in 4 investment companies

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

Interested Trustees/Directors*

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1992
DEM - since 1993

96 portfolios in 4 investment companies

Rex A. Sinquefield
The Show Me Institute
7777 Bonhomme Ave.,
Suite 2150 St. Louis, MO 63105
Age: 64

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1992
DEM - since 1993

96 portfolios in 4 investment companies

¹ Each Trustee/Director holds office for an indefinite term until his or her successor is elected and qualified.

² Each Trustee/Director is a director or trustee of each of the four registered investment companies within the DFA Fund Complex, which includes the Funds.

Officers

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
		Officers

April A. Aandal Vice President Age: 35	Since 2008	Vice President of all the DFA Entities.

Darryl D. Avery Vice President Age: 42	Since 2005	Vice President of all the DFA Entities. From June 2002 to January 2005, institutional client service representative of Dimensional.

Arthur H. Barlow Vice President Age: 52	Since 1993	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Scott A. Bosworth Vice President Age: 39	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since November 1997).

Valerie A. Brown Vice President and Assistant Secretary Age: 41	Since 2001	Vice President and Assistant Secretary of all the DFA Entities, DFA Australia Limited, Dimensional Fund Advisors Ltd., and since June 2003, Dimensional Fund Advisors Canada Inc.

David P. Butler Vice President Age: 44	Since 2007	Vice President of all the DFA Entities. Director of US Financial Services of Dimensional (since January 2005). Formerly, Regional Director of Dimensional Fund Advisors LP (January 1995 to January 2005).

Patrick Carter Vice President Age: 46	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since March 2006). Formerly, Director of Merrill Lynch Retirement Group (December 1998 to March 2006).

Stephen A. Clark Vice President Age: 36	Since 2004	Vice President of all the DFA Entities, April 2001 to April 2004, Portfolio Manager of Dimensional.

Robert P. Cornell Vice President Age: 59	Since 2007	Vice President of all the DFA Entities. Regional Director of Financial Services Group of Dimensional (since August 1993).

Christopher S. Crossan Vice President and Chief Compliance Officer Age: 42	Since 2004	Vice President and Chief Compliance Officer of all the DFA Entities. Formerly, Senior Compliance Officer, INVESCO Institutional, Inc. and its affiliates (August 2000 to January 2004).

James L. Davis Vice President Age: 51	Since 1999	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Robert T. Deere Vice President Age: 51	Since 1994	Vice President of all the DFA Entities and DFA Australia Limited.

Robert W. Dintzner Vice President Age: 38	Since 2001	Vice President of all the DFA Entities. Prior to April 2001, marketing supervisor and marketing coordinator for Dimensional.

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Kenneth Elmgren Vice President Age: 54	Since 2007	Vice President of all the DFA Entities. Formerly, Managing Principal of Beverly Capital (May 2004 to September 2006); Principal of Wydown Capital (September 2001 to May 2004).

Richard A. Eustice Vice President and Assistant Secretary Age: 43	Since 1998	Vice President and Assistant Secretary of all the DFA Entities and DFA Australia Limited. Formerly, Vice President of Dimensional Fund Advisors Ltd.

Eugene F. Fama, Jr. Vice President Age: 47	Since 1993	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Gretchen A. Flicker Vice President Age: 37	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, institutional client service representative of Dimensional.

Jed S. Fogdall Vice President Age: 34	Since 2008	Vice President of all the DFA Entities. Portfolio Manager for Dimensional (since September 2004). Prior to September 2004, Staff Engineer at the Boeing Company (1997-2004); Graduate Student at the University of California, Los Angeles (2002-2003).

Glenn S. Freed Vice President Age: 46	Since 2001	Vice President of all the DFA Entities.

Mark R. Gochnour Vice President Age: 41	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional.

Henry F. Gray Vice President Age: 41	Since 2000	Vice President of all the DFA Entities. Prior to July 2000, Portfolio Manager of Dimensional. Formerly, Vice President of DFA Australia Limited.

John T. Gray Vice President Age: 34	Since 2007	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (January 2005 to February 2007).

Darla Hastings Vice President Age: 53	Since 2007	Vice President of all the DFA Entities. Chief Marketing Officer of Dimensional. Formerly, Senior Vice President, Customer Experience for Benchmark Assisted Living (May 2005 to April 2006); Executive Vice President and Chief Marketing Officer of State Street Corporation (September 2001 to October 2005).

Joel H. Hefner Vice President Age: 40	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since June 1998).

Julie Henderson Vice President and Fund Controller Age: 34	Since 2005	Vice President and Fund Controller of all the DFA Entities. Formerly, Senior Manager at PricewaterhouseCoopers LLP (July 1996 to April 2005).

Kevin Hight Vice President Age: 40	Since 2005	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (since March 2003 to March 2005).

Christine W. Ho Vice President Age: 40	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Assistant Controller of Dimensional.

Jeff J. Jeon Vice President Age: 34	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Counsel of Dimensional.

Patrick M. Keating Vice President Age: 53	Since 2003	Vice President of all the DFA Entities and Chief Operating Officer of Dimensional. Director, Vice President and Chief Privacy Officer of Dimensional Fund Advisors Canada Inc. Director of DFA Australia Limited.

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Joseph F. Kolerich Vice President Age: 36	Since 2004	Vice President of all the DFA Entities. From April 2001 to April 2004, Portfolio Manager for Dimensional.

Michael F. Lane Vice President Age: 41	Since 2004	Vice President of all the DFA Entities. Formerly, Vice President of Advisor Services at TIAA-CREF (July 2001 to September 2004).

Kristina M. LaRusso Vice President Age: 33	Since 2006	Vice President of all DFA Entities. Formerly, Operations Supervisor of Dimensional (March 2003 to December 2006).

Inmoo Lee Vice President Age: 42	Since 2007	Vice President of all the DFA Entities. Associate Professor Department of Finance and Accounting, Business School, National University of Singapore (July 2004 to present); Associate Professor, College of Business Administration, Korea University (September 2001 to May 2006).

Juliet Lee Vice President Age: 37	Since 2005	Vice President of all the DFA Entities. Human Resources Manager of Dimensional (since January 2004). Formerly, Assistant Vice President for Metropolitan West Asset Management LLC (February 2001 to December 2003).

Aaron M. Marcus Vice President & Head of Global Human Resources Age: 38	Since 2008	Vice President and Head of Global Human Resources of Dimensional. Formerly, Global Head of Recruiting and Vice President of Goldman Sachs & Co. (June 2006 to January 2008); Global Co-Head of HR of the Equities & FICC Division, and Vice President of Goldman Sachs & Co. (May 2005 to May 2006); Head of Americas Campus Recruiting and Vice President of Goldman Sachs & Co. (April 2003 to May 2005).

David R. Martin Vice President, Chief Financial Officer and Treasurer Age: 51	Since 2007	Vice President, Chief Financial Officer and Treasurer of all the DFA Entities. Director, Vice President, Chief Financial Officer and Treasurer of Dimensional Fund Advisors Ltd. and DFA Australia Limited. Chief Financial Officer, Treasurer, and Vice President of Dimensional Fund Advisors Canada Inc. Director of Dimensional Funds PLC and Dimensional Funds II PLC. Formerly, Executive Vice President and Chief Financial Officer of Janus Capital Group Inc. (June 2005 to March 2007); Senior Vice President of Finance at Charles Schwab & Co., Inc. (March 1999 to May 2005).

Catherine L. Newell Vice President and Secretary Age: 44	Vice President since 1997 and Secretary since 2000	Vice President and Secretary of all the DFA Entities. Director, Vice President and Assistant Secretary of DFA Australia Limited (since February 2002, April 1997 and May 2002, respectively). Vice President and Secretary of Dimensional Fund Advisors Canada Inc. (since June 2003). Director, Dimensional Funds PLC and Dimensional Funds II PLC (since January 2002). Formerly, Assistant Secretary of all DFA Entities and Dimensional Fund Advisors Ltd.

Gerard K. O'Reilly Vice President Age: 31	Since 2007	Vice President of all the DFA Entities. Formerly, Research Associate of Dimensional Fund Advisors LP (2004 to 2006); Research Assistant in PhD program, Aeronautics Department California Institute of Technology (1998 to 2004).

Carmen Palafox Vice President Age: 34	Since 2006	Vice President of all the DFA Entities. Operations Manager of Dimensional Fund Advisors LP (since May 1996).

Sonya Park Vice President Age: 36	Since 2005	Vice President of all the DFA Entities. From February 2002 to January 2005, institutional client service representative of Dimensional.

David A. Plecha Vice President Age: 47	Since 1993	Vice President of all the DFA Entities, DFA Australia Limited and Dimensional Fund Advisors Ltd..

Ted Randall Vice President Age: 35	Since 2008	Vice President of all the DFA Entities. Formerly, Research Associate of Dimensional (2006-2008). Systems Developer of Dimensional (2001-2006).

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Eduardo A. Repetto Vice President and Chief Investment Officer Age: 41	Since 2002	Chief Investment Officer (beginning March 2007) and Vice President of all the DFA Entities, DFA Australia Limited and Dimensional Fund Advisors Canada Inc. Formerly, Research Associate for Dimensional (June 2000 to April 2002).

L. Jacobo Rodriguez Vice President Age: 37	Since 2005	Vice President of all the DFA Entities. From August 2004 to July 2005, institutional client service representative of Dimensional. Formerly, Financial Services Analyst, Cato Institute (September 2001 to June 2004); Book Review Editor, Cato Journal, Cato Institute (May 1996 to June 2004).

David E. Schneider Vice President Age: 62	Since 2001	Vice President of all the DFA Entities. Currently, Director of Institutional Services.

Ted R. Simpson Vice President Age: 40	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since December 2002).

Bryce D. Skaff Vice President Age: 33	Since 2007	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (December 1999 to January 2007).

Grady M. Smith Vice President Age: 51	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Portfolio Manager of Dimensional.

Carl G. Snyder Vice President Age: 45	Since 2000	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited.

Lawrence R. Spieth Vice President Age: 60	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Regional Director of Dimensional.

Bradley G. Steiman Vice President Age: 35	Since 2004	Vice President of all the DFA Entities and Director and Vice President of Dimensional Fund Advisors Canada Inc.

Karen E. Umland Vice President Age: 42	Since 1997	Vice President of all the DFA Entities, DFA Australia Limited, Dimensional Fund Advisors Ltd., and since June 2003, Dimensional Fund Advisors Canada Inc.

Carol W. Wardlaw Vice President Age: 49	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Regional Director of Dimensional.

Weston J. Wellington Vice President Age: 57	Since 1997	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited.

Daniel M. Wheeler Vice President Age: 63	Since 2001	Vice President of all the DFA Entities. Prior to 2001 and currently, Director of Financial Advisors Services of Dimensional. Director of Dimensional Fund Advisors Ltd. (since October 2003) and President of Dimensional Fund Advisors Canada Inc. (since June 2003).

Ryan Wiley Vice President Age: 32	Since 2007	Vice President of all the DFA Entities. Senior Trader of Dimensional. Formerly, Portfolio Manager (2006 to 2007); Trader (2001 to 2006).

Paul E. Wise Vice President Age: 53	Since 2005	Vice President of all the DFA Entities. Chief Technology Officer for Dimensional (since 2004). Formerly, Principal of Turnbuckle Management Group (January 2002 to August 2004).

¹ Each officer holds office for an indefinite term at the pleasure of the Boards of Trustee/Directors and until his or her successor is elected and qualified.

VOTING PROXIES ON FUND PORTFOLIO SECURITIES

NOTICE TO SHAREHOLDERS
(Unaudited)

For shareholders that do not have a October 31, 2008 tax year end, this notice is for informational purposes only. For shareholders with an October 31, 2008 tax year end, please consult your tax advisor as to the pertinence of this notice. For the period December 1, 2007 to October 31, 2008, each portfolio is designating the following items with regard to distributions paid during the period.

Dimensional Investment Group Inc.	Net Investment Income Distributions			Short-Term Capital Gain Distributions			Long-Term Capital Gain Distributions			Total Distributions			Qualifying For Corporate Dividends Received Deduction(1)			Qualifying Dividend Income(2)			U.S. Government Interest(3)			Foreign Tax Credit(4)		Qualifying Interest Income(5)			Qualifying Short-Term Capital Gains(6)
LWAS/DFA U.S. High Book to Market Portfolio		21	%		1	%		79	%		100	%		—			94	%		—			—		1	%		1	%
LWAS/DFA Two-Year Fixed Income Portfolio		100	%		—			—			100	%		—			—			5	%		—		100	%		—
LWAS/DFA Two-Year Government Portfolio		100	%		—			—			100	%		—			—			91	%		—		100	%		—
DFA Investment Dimensions Group Inc.
LWAS/DFA International High Book to Market Portfolio		34	%		4	%		62	%		100	%		—			60	%		—			—		1	%		10	%
The DFA Investment Trust Company
The U.S. Large Cap Value Series		100	%		—			—			100	%		85	%		84	%		—			—		1	%		—
The DFA International Value Series		33	%		2	%		65	%		100	%		6	%		58	%		—			—		—			7	%

(1) Qualifying dividends represent dividends which qualify for the corporate dividends received deduction and is reflected as a percentage of ordinary income distributions (the total of short-term capital gain and net investment income distributions).

(3) "U.S. Government Interest" represents the amount of interest that was derived from direct U.S. Government obligations and distributed during the fiscal year. This amount is reflected as a percentage of total ordinary income distributions (the total of short-term capital gain and net investment income distributions). Generally, interest from direct U.S. Government obligations is exempt from state income tax. However, for residents of California, Connecticut and New York, the statutory threshold requirements were not satisfied for LWAS/DFA Two-Year Fixed Income Portfolio to permit exemption of these amounts from state income for this fund.

DFA103108-003A

DIMENSIONAL INVESTMENT GROUP INC.

Global Equity Portfolio

Global 60/40 Portfolio

Global 25/75 Portfolio

Annual Report

Period Ended October 31, 2008

Dimensional Fund Advisors
6300 Bee Cave Road, Building One
Austin, TX 78746

December 2008

Dear Fellow Shareholder,

All of us at Dimensional take our job as the steward of your assets very seriously and hope to have the opportunity to serve you for many years to come.

Sincerely,

David G. Booth
Chairman and Chief Executive Officer

[THIS PAGE INTENTIONALLY LEFT BLANK]

DIMENSIONAL INVESTMENT GROUP INC.

ANNUAL REPORT

Table of Contents

Letter to Shareholders	Page
Definitions of Abbreviations and Footnotes		1

Performance Charts		2

Management's Discussion and Analysis		4

Disclosure of Fund Expenses		7

Disclosure of Portfolio Holdings		9

Schedules of Investments

Global Equity Portfolio		10

Global 60/40 Portfolio		11

Global 25/75 Portfolio		13

Statements of Assets and Liabilities		14

Statements of Operations		15

Statements of Changes in Net Assets		16

Financial Highlights		17

Notes to Financial Statements		21

Report of Independent Registered Public Accounting Firm		31

Fund Management		32

Voting Proxies on Fund Portfolio Securities		39

Notice to Shareholders		40

This report is submitted for the information of the Funds' shareholders. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.

[THIS PAGE INTENTIONALLY LEFT BLANK]

DIMENSIONAL INVESTMENT GROUP INC.

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Schedules of Investments

Investment Abbreviations

FNMA Federal National Mortgage Association

Investment Footnotes

† See Note B to Financial Statements.

(r) The adjustable rate shown is efffective as of October 31, 2008.

Financial Highlights

(A) Computed using average shares outstanding.

(B) Annualized

(D) Represents the combined ratios for the respective portfolio and its respective pro-rata share of its Master Fund Series.

(E) Because of commencement of operations and related preliminary transaction costs, these ratios are not necessarily indicative of future ratios.

All Statements and Schedules

— Amounts designated as — are either zero or rounded to zero.

SEC Securities and Exchange Commission

N/A Does not apply to this fund.

(a) Commencement of Operations.

DIMENSIONAL INVESTMENT GROUP INC.
PERFORMANCE CHARTS

MANAGEMENT'S DISCUSSION AND ANALYSIS

DFA Global Equity Portfolio Class I

The DFA Global Equity Portfolio Class I seeks long-term capital appreciation by investing in a combination of mutual funds managed by Dimensional Fund Advisors. As of the date of this report, domestic funds include the U.S. Core Equity 1 Portfolio, the U.S. Core Equity 2 Portfolio, and DFA Real Estate Securities Portfolio; and international funds include the International Core Equity Portfolio, the Emerging Markets Core Equity Portfolio, the Asia Pacific Small Company Series, the Continental Small Company Series, the Japanese Small Company Series, the United Kingdom Small Company Series, the Emerging Markets Series, and the Emerging Markets Small Cap Series (collectively, the "Underlying Funds"). As of October 31, 2008, the Portfolio held, indirectly through its fund holdings, approximately 12,180 equity securities in 40 countries.

The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure in each Underlying Fund to stocks with desired asset class characteristics. As a result of the Portfolio's diversified investment approach, performance was determined principally by broad structural trends in global equity markets rather than the behavior of a limited group of stocks in a particular industry or country.

For the 11 months ended October 31, 2008, total returns were –38.50% for the DFA Global Equity Portfolio Class I and –39.37% for the MSCI World Index (net dividends). Relative to the Index, the better relative performance of the Portfolio was primarily due to the Underlying Funds' greater allocation to U.S. stocks, which outperformed the Index. U.S. stocks accounted for approximately 60% of the Underlying Funds, compared to 50% of the Index. During the 11 months ended October 31, 2008, the Portfolio was, on average, exposed through the Underlying Funds to approximately 60% US equities, 33% international developed market equities and 7% emerging markets equities, and its approximate exposure to small and value stocks was 36% and 42%, respectively.

DFA Global Equity Portfolio Class R2

The DFA Global Equity Portfolio Class R2 seeks long-term capital appreciation by investing in a combination of mutual funds managed by Dimensional Fund Advisors. As of the date of this report, domestic funds include the U.S. Core Equity 1 Portfolio, the U.S. Core Equity 2 Portfolio, and the DFA Real Estate Securities Portfolio; and international funds include the International Core Equity Portfolio, the Emerging Markets Core Equity Portfolio, the Asia Pacific Small Company Series, the Continental Small Company Series, the Japanese Small Company Series, the United Kingdom Small Company Series, the Emerging Markets Series, and the Emerging Markets Small Cap Series (collectively, the "Underlying Funds"). As of October 31, 2008, the Portfolio held, indirectly through its fund holdings, approximately 12,180 equity securities in 40 countries.

For the 11 months ended October 31, 2008, total returns were –38.72% for the DFA Global Equity Portfolio Class R2 and –39.37% for the MSCI World Index (net dividends). Relative to the Index, the better relative performance of the Portfolio was primarily due to the Underlying Funds' greater allocation to U.S. stocks, which outperformed the Index. U.S. stocks accounted for approximately 60% of the Underlying Funds compared to 50% of the Index. During the 11 months ended October 31, 2008, the Portfolio was exposed through the Underlying Funds to approximately 60% US equities, 33% international developed market equities and 7% emerging markets equities, and its approximate exposure to small and value stocks was 36% and 42%, respectively.

DFA Global 60/40 Portfolio Class I

The DFA Global 60/40 Portfolio Class I seeks capital appreciation and current income by investing in a combination of mutual funds managed by Dimensional Fund Advisors. As of the date of this report, domestic funds include

the U.S. Core Equity 1 Portfolio, the U.S. Core Equity 2 Portfolio, the U.S. Large Cap Value Series, and DFA Real Estate Securities Portfolio; international funds include the International Core Equity Portfolio, the Emerging Markets Core Equity Portfolio, the Large Cap International Portfolio, the Continental Small Company Series, the Japanese Small Company Series, and the United Kingdom Small Company Series; and fixed income funds include the DFA Two-Year Global Fixed Income Series, the DFA Five-Year Global Fixed Income Portfolio, and the DFA Selectively Hedged Global Fixed Income Portfolio (collectively, the "Underlying Funds"). As of October 31, 2008, the Portfolio held, indirectly through its fund holdings, approximately 12,350 equity securities in 40 countries and 230 fixed income securities in 10 countries.

The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure in each Underlying Fund to equity or fixed income securities with desired asset class characteristics. As a result of the Portfolio's diversified investment approach, performance was determined principally by broad structural trends in global equity and fixed income markets rather than the behavior of a limited group of securities in a particular industry, or country, or asset class.

For the 11 months ended October 31, 2008, total returns were –25.47% for the DFA Global 60/40 Portfolio Class I and –23.85% for a hypothetical composite index composed of 60% MSCI World Index (net dividends) and 40% Citigroup World Government Bond Index 1-3 Years (hedged). Relative to this hypothetical 60/40 Index, the underperformance of the Portfolio was primarily due to greater exposure to corporate bonds in the fixed income portion of the Underlying Funds, which underperformed their more heavily government-debt weighted index benchmarks. The shorter duration of the fixed income portion of the Underlying Funds compared to their benchmarks also contributed to the underperformance. During the 11 months ended October 31, 2008, the Portfolio was exposed through the Underlying Funds to approximately 37% US equities, 19% international developed market equities, 4% emerging markets equities, and 40% global bonds.

DFA Global 60/40 Portfolio Class R2

The DFA Global 60/40 Portfolio Class R2 seeks capital appreciation and current income by investing in a combination of mutual funds managed by Dimensional Fund Advisors. As of the date of this report, domestic funds include the U.S. Core Equity 1 Portfolio, the U.S. Core Equity 2 Portfolio, the U.S. Large Cap Value Series, and DFA Real Estate Securities Portfolio; international funds include the International Core Equity Portfolio, the Emerging Markets Core Equity Portfolio, the Large Cap International Portfolio, the Continental Small Company Series, the Japanese Small Company Series, and the United Kingdom Small Company Series; and fixed income funds include the DFA Two-Year Global Fixed Income Series, the DFA Five-Year Global Fixed Income Portfolio, and the DFA Selectively Hedged Global Fixed Income Portfolio (collectively, the "Underlying Funds"). As of October 31, 2008, the Portfolio held, indirectly through its fund holdings, approximat ely 12,350 equity securities in 40 countries and 230 fixed income securities in 10 countries.

For the 11 months ended October 31, 2008, total returns were –25.63% for the DFA Global 60/40 Portfolio Class R2 and –23.85% for a hypothetical index composed of 60% MSCI World Index (net dividends) and 40% Citigroup World Government Bond Index 1-3 Years (hedged). Relative to this hypothetical 60/40 Index, the underperformance of the Portfolio was primarily due to greater exposure to corporate bonds in the fixed income portion of the Underlying Funds, which underperformed their more heavily government-debt weighted index benchmarks. The shorter duration of the fixed income portion of the Underlying Funds compared to their benchmarks also contributed to the underperformance. During the 11 months ended October 31, 2008, the Portfolio was exposed through the Underlying Funds to approximately 37% US equities, 19% international developed market equities, 4% emerging markets equities, and 40% global bonds.

DFA Global 25/75 Portfolio Class I

The DFA Global 25/75 Portfolio Class I seeks total return consistent with current income and preservation of capital with some capital appreciation by investing in a combination of mutual funds managed by Dimensional Fund Advisors. As of the date of this report, domestic funds include the U.S. Core Equity 1 Portfolio and the U.S. Core Equity 2 Portfolio; international funds include the International Core Equity Portfolio and the Emerging Markets Core Equity Portfolio; and fixed income funds include the DFA Two-Year Global Fixed Income Series and the DFA Five-Year Global Fixed Income Portfolio (collectively, the "Underlying Funds"). As of October 31, 2008, the Portfolio held, indirectly through its fund holdings, approximately 11,020 equity securities in 40 countries and 140 fixed income securities in five countries.

For the 11 months ended October 31, 2008, total returns were –9.55% for the DFA Global 25/75 Portfolio Class I and –8.14% for a hypothetical index composed of 25% MSCI World Index (net dividends) and 75% Citigroup World Government Bond Index 1-3 Years (hedged). Relative to this hypothetical 25/75 Index, the underperformance of the Portfolio was primarily due to greater exposure to corporate bonds in the fixed income portion of the Underlying Funds, which underperformed their more heavily government-debt weighted index benchmarks. The shorter duration of the fixed income portion of the Underlying Funds compared to their benchmarks also contributed to the underperformance. During the 11 months ended October 31, 2008, the Portfolio was exposed through the Underlying Funds to approximately 75% global bonds, 16% US equities, 8% international developed market equities, and 1% emerging markets equities.

DFA Global 25/75 Portfolio Class R2

The DFA Global 25/75 Portfolio Class R2 seeks total return consistent with current income and preservation of capital with some capital appreciation by investing in a combination of mutual funds managed by Dimensional Fund Advisors. As of the date of this report, domestic funds include the U.S. Core Equity 1 Portfolio and the U.S. Core Equity 2 Portfolio; international funds include the International Core Equity Portfolio and the Emerging Markets Core Equity Portfolio; and fixed income funds include the DFA Two-Year Global Fixed Income Series and the DFA Five-Year Global Fixed Income Portfolio (collectively, the "Underlying Funds"). As of October 31, 2008, the Portfolio held, indirectly through its fund holdings, approximately 11,020 equity securities in 40 countries and 140 fixed income securities i n five countries.

For the 11 months ended October 31, 2008, total returns were –9.72% for the DFA Global 25/75 Portfolio Class R2 and –8.14% for a hypothetical index composed of 25% MSCI World Index (net dividends) and 75% Citigroup World Government Bond Index 1-3 Years (hedged). Relative to this hypothetical 25/75 Index, the underperformance of the Portfolio was primarily due to greater exposure to corporate bonds in the fixed income portion of the Underlying Funds, which underperformed their more heavily government-debt weighted index benchmarks. The shorter duration of the fixed income portion of the Underlying Funds compared to their benchmarks also contributed to the underperformance. During the 11 months ended October 31, 2008, the Portfolio was exposed through the Underlying Funds to approximately 75% global bonds, 16% US equities, 8% international developed market equities, and 1% emerging markets equities.

DIMENSIONAL INVESTMENT GROUP INC.

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Tables below illustrate your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended October 31, 2008

EXPENSE TABLES

Global Equity Portfolio**	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return
Class R2 Shares	$	1,000.00	$	646.90		0.62	%	$	2.57
Institutional Class Shares	$	1,000.00	$	647.70		0.34	%	$	1.41
Hypothetical 5% Annual Return
Class R2 Shares	$	1,000.00	$	1,022.02		0.62	%	$	3.15
Institutional Class Shares	$	1,000.00	$	1,023.43		0.34	%	$	1.73

Global 60/40 Portfolio**	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return
Class R2 Shares	$	1,000.00	$	763.90		0.63	%	$	2.79
Institutional Class Shares	$	1,000.00	$	764.50		0.33	%	$	1.46
Hypothetical 5% Annual Return
Class R2 Shares	$	1,000.00	$	1,021.97		0.63	%	$	3.20
Institutional Class Shares	$	1,000.00	$	1,023.48		0.33	%	$	1.68
Global 25/75 Portfolio**
Actual Fund Return
Class R2 Shares	$	1,000.00	$	907.00		0.67	%	$	3.21
Institutional Class Shares	$	1,000.00	$	907.80		0.31	%	$	1.49
Hypothetical 5% Annual Return
Class R2 Shares	$	1,000.00	$	1,021.77		0.67	%	$	3.40
Institutional Class Shares	$	1,000.00	$	1,023.58		0.31	%	$	1.58

** The Portfolio is a Fund of Funds. The expenses shown reflect the direct expenses of the Fund of Funds and the indirect payment of the Fund of Funds' portion of the expenses of its Master Funds.

DIMENSIONAL INVESTMENT GROUP INC.

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

	Affiliated Investment Companies
Global Equity Portfolio		100.0	%
Global 60/40 Portfolio		100.0	%
Global 25/75 Portfolio		100.0	%

DIMENSIONAL INVESTMENT GROUP INC.

GLOBAL EQUITY PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2008

	Shares		Value†
AFFILIATED INVESTMENT COMPANIES — (99.6%)
Investment in U.S. Core Equity 2 Portfolio of DFA Investment Dimensions Group Inc.		48,046,714	$	371,401,099
Investment in International Core Equity Portfolio of DFA Investment Dimensions Group Inc.		41,141,163		306,913,076
Investment in U.S. Core Equity 1 Portfolio of DFA Investment Dimensions Group Inc.		25,429,868		198,607,269
Investment in Emerging Markets Core Equity Portfolio of DFA Investment Dimensions Group Inc.		6,359,754		62,834,370
Investment in DFA Real Estate Securities Portfolio of DFA Investment Dimensions Group Inc.		1,042,351		16,844,392
Investment in The Continental Small Company Series of DFA Investment Trust Company				3,220,928
Investment in The Japanese Small Company Series of DFA Investment Trust Company				2,507,023
Investment in The Emerging Markets Series of DFA Investment Trust Company		.		1,837,906
Investment in The United Kingdom Small Company Series of DFA Investment Trust Company				1,272,048
Investment in The Asia Pacific Small Company Series of DFA Investment Trust Company				891,907
Investment in The Emerging Markets Small Cap Series of DFA Investment Trust Company				848,760
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $1,371,117,726)				967,178,778
TEMPORARY CASH INVESTMENTS — (0.4%)
BlackRock Liquidity Funds Tempcash Portfolio Institutional Shares		258		258
	Face Amount
	(000)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $5,590,000 FNMA 6.50%, 08/01/36, valued at $4,169,237) to be repurchased at $4,106,322	$	4,106		4,106,000
TOTAL TEMPORARY CASH INVESTMENTS (Cost $4,106,258)				4,106,258
TOTAL INVESTMENTS — (100.0%) (Cost $1,375,223,984)			$	971,285,036

See accompanying Notes to Financial Statements.
10

DIMENSIONAL INVESTMENT GROUP INC.

GLOBAL 60/40 PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2008

	Shares		Value†
AFFILIATED INVESTMENT COMPANIES — (99.8%)
Investment in U.S. Core Equity 2 Portfolio of DFA Investment Dimensions Group Inc.		18,458,842	$	142,686,849
Investment in International Core Equity Portfolio of DFA Investment Dimensions Group Inc.		14,981,138		111,759,289
Investment in DFA Five-Year Global Fixed Income Portfolio of DFA Investment Dimensions Group Inc.		8,423,207		89,959,847
Investment in DFA Selectively Hedged Global Fixed Income Portfolio of DFA Investment Dimensions Group Inc.		9,985,626		88,971,928
Investment in U.S. Core Equity 1 Portfolio of DFA Investment Dimensions Group Inc.		8,895,552		69,474,261
Investment in The DFA Two-Year Global Fixed Income Series of DFA Investment Trust Company		5,906,083		60,602,598
Investment in Emerging Markets Core Equity Portfolio of DFA Investment Dimensions Group Inc.		1,631,061		16,114,883
Investment in DFA Real Estate Securities Portfolio of DFA Investment Dimensions Group Inc.		348,797		5,636,559
Investment in Large Cap International Portfolio of DFA Investment Dimensions Group Inc.		124,830		1,848,732
Investment in The Emerging Markets Series of DFA Investment Trust Company				1,187,868
Investment in The Continental Small Company Series of DFA Investment Trust Company				960,409
Investment in The U.S. Large Cap Value Series of DFA Investment Trust Company		53,608		726,924
Investment in The Japanese Small Company Series of DFA Investment Trust Company				673,487
Investment in The Emerging Markets Small Cap Series of DFA Investment Trust Company				497,602
Investment in Dimensional Emerging Markets Value Fund Inc.		13,947		366,109
Investment in The United Kingdom Small Company Series of DFA Investment Trust Company				337,536
Investment in The Asia Pacific Small Company Series of DFA Investment Trust Company				195,449
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $747,796,927)				592,000,330
TEMPORARY CASH INVESTMENTS — (0.2%)
BlackRock Liquidity Funds Tempcash Portfolio Institutional Shares		836		836

GLOBAL 60/40 PORTFOLIO

CONTINUED

	Face Amount
	(000)		Value†
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $1,190,000 FNMA 5.058%(r), 01/01/36, valued at $979,781) to be repurchased at $962,075	$	962	$	962,000
TOTAL TEMPORARY CASH INVESTMENTS (Cost $962,836)				962,836
TOTAL INVESTMENTS — (100.0%) (Cost $748,759,763)			$	592,963,166

See accompanying Notes to Financial Statements.
12

DIMENSIONAL INVESTMENT GROUP INC.

GLOBAL 25/75 PORTFOLIO

SCHEDULE OF INVESTMENTS

October 31, 2008

	Shares		Value†
AFFILIATED INVESTMENT COMPANIES — (100.0%)
Investment in The DFA Two-Year Global Fixed Income Series of DFA Investment Trust Company		4,667,925	$	48,266,345
Investment in DFA Five-Year Global Fixed Income Portfolio of DFA Investment Dimensions Group Inc.		4,508,597		48,151,816
Investment in U.S. Core Equity 2 Portfolio of DFA Investment Dimensions Group Inc.		1,779,237		13,753,502
Investment in International Core Equity Portfolio of DFA Investment Dimensions Group Inc.		1,364,077		10,176,014
Investment in U.S. Core Equity 1 Portfolio of DFA Investment Dimensions Group Inc.		611,282		4,774,112
Investment in Emerging Markets Core Equity Portfolio of DFA Investment Dimensions Group Inc.		178,958		1,768,105
Investment in DFA Real Estate Securities Portfolio of DFA Investment Dimensions Group Inc.		31,333		506,341
TOTAL INVESTMENTS IN AFFILIATED INVESTMENT COMPANIES (Cost $138,591,920)				127,396,235
TEMPORARY CASH INVESTMENTS — (0.0%)
BlackRock Liquidity Funds Tempcash Portfolio Institutional Shares		347		347
	Face Amount
	(000)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $85,000 FNMA 6.50%, 08/01/36, valued at $63,396) to be repurchased at $61,005	$	61		61,000
TOTAL TEMPORARY CASH INVESTMENTS (Cost $61,347)				61,347
TOTAL INVESTMENTS — (100.0%) (Cost $138,653,267)			$	127,457,582

See accompanying Notes to Financial Statements.
13

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF ASSETS AND LIABILITIES

OCTOBER 31, 2008

(Amounts in thousands, except share and per share amounts)

	Global Equity Portfolio			Global 60/40 Portfolio			Global 25/75 Portfolio
ASSETS:
Investments in Affiliated Investment Companies at Value	$	967,179		$	592,000		$	127,396
Temporary Cash Investments at Value & Cost		4,106			963			61
Receivables:
Affiliated Investment Companies		—			29,000			—
Interest		6			1			—
Fund Shares Sold		19,176			677			57
Prepaid Expenses and Other Assets		142			30			20
Total Assets		990,609			622,671			127,534
LIABILITIES:
Payables:
Affiliated Investment Companies		3,606			—			—
Fund Shares Redeemed		1,164			29,981			—
Due to Advisor		14			21			5
Accrued Expenses and Other Liabilities		105			64			18
Total Liabilities		4,889			30,066			23
NET ASSETS	$	985,720		$	592,605		$	127,511
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE:
Class R2 Shares — based on net assets of $6,819; $5,081; and $1,342, and shares outstanding of 743,751; 532,133; and 133,679, respectively	$	9.17		$	9.55		$	10.04
NUMBER OF SHARES AUTHORIZED		100,000,000			100,000,000			100,000,000
Institutional Class Shares — based on net assets of $978,901; $587,524; and $126,169, and shares outstanding of 107,146,959; 61,626,405; and 12,603,547, respectively	$	9.14		$	9.53		$	10.01
NUMBER OF SHARES AUTHORIZED		200,000,000			150,000,000			100,000,000
Investments in Affiliated Investment Companies at Cost	$	1,371,118		$	747,797		$	138,592
NET ASSETS CONSIST OF:
Paid-In Capital	$	1,397,888		$	748,300		$	139,708
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		3,563			1,351			354
Accumulated Net Realized Gain (Loss)		(11,729	)		1,817			16
Deferred Thailand Capital Gains Tax		(64	)		(20	)		(1	)
Net Unrealized Foreign Exchange Gain (Loss)		1			—			—
Net Unrealized Appreciation (Depreciation)		(403,939	)		(158,843	)		(12,566	)
NET ASSETS	$	985,720		$	592,605		$	127,511

See accompanying Notes to Financial Statements.
14

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	Global Equity Portfolio						Global 60/40 Portfolio						Global 25/75 Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Net Investment Income Received from Affiliated Investment Companies:
Income Distributions	$	25,116		$	19,108		$	17,223		$	12,663		$	4,509		$	2,718
*Dividends (Net of Foreign Taxes Withheld of $51, $46, $17, $13, $0 and $0, respectively)		636			797			181			194			—			—
*Interest		5			75			1			43			—			13
*Income from Securities Lending		73			77			21			20			—			—
*Expenses Allocated from Affiliated Investment Companies		(32	)		(47	)		(11	)		(13	)		—			—
Total Investment Income Received from Affiliated Investment Companies		25,798			20,010			17,415			12,907			4,509			2,731
Fund Investment Income
Interest		57			14			27			3			7			—
Fund Expenses
Administrative Services Fees		3,346			3,395			1,735			1,627			289			243
Accounting & Transfer Agent Fees		29			28			23			22			15			15
Shareholder Servicing Fees - Class R2 Shares		22			88			10			21			3			6
Filing Fees		94			66			66			51			35			28
Shareholders' Reports		119			149			59			73			10			13
Directors'/Trustees' Fees & Expenses		—			6			—			3			—			—
Professional Fees		40			33			28			21			11			8
Other		16			8			17			13			7			3
Total Expenses		3,666			3,773			1,938			1,831			370			316
Fees Waived, Expenses Reimbursed and/or Previously Waived Fees Recovered by Advisor (Note C)		(3,064	)		(2,847	)		(1,459	)		(1,280	)		(228	)		(179	)
Net Expenses		602			926			479			551			142			137
Net Investment Income (Loss)		25,253			19,098			16,963			12,359			4,374			2,594
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Affiliated Investment Companies		10,065			10,480			3,366			3,323			153			100
Net Realized Gain (Loss) on:
**Investment Securities Sold/Affiliated Investment Companies Shares Sold		(20,041	)		16,678			(3,064	)		4,806			(1,212	)		818
*Futures		(229	)		50			(67	)		18			—			1
*Foreign Currency Transactions		(11	)		3			(3	)		1			—			—
Change in Unrealized Appreciation (Depreciation) of:
**Investment Securities/Affiliated Investment Companies Shares and Foreign Currency		(573,824	)		24,134			(230,704	)		16,892			(18,996	)		3,242
*Futures		(1	)		(6	)		22			(2	)		1			—
* Change in Deferred Thailand Capital Gains Tax		4			(2	)		3			(1	)		—			—
Net Realized and Unrealized Gain (Loss)		(584,037)			51,337			(230,447	)		25,037			(20,054	)		4,161
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(558,784	)	$	70,435		$	(213,484	)	$	37,396		$	(15,680	)	$	6,755

* Allocated from each Portfolio's respective Master Funds (Affiliated Investment Companies).

** A portion has been allocated from each Portfolio's respective Master Funds (Affiliated Investment Companies).

See accompanying Notes to Financial Statements.
15

DIMENSIONAL INVESTMENT GROUP INC.

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Global Equity Portfolio									Global 60/40 Portfolio									Global 25/75 Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	25,253		$	19,098		$	11,739		$	16,963		$	12,359		$	6,760		$	4,374		$	2,594		$	1,200
Capital Gain Distributions Received from Affiliated Investment Companies		10,065			10,480			6,730			3,366			3,323			2,036			153			100			147
Net Realized Gain (Loss) on:
**Investment Securities Sold/Affiliated Investment Companies Shares Sold		(20,041	)		16,678			2,867			(3,064	)		4,806			1,271			(1,212	)		818			552
*Futures		(229	)		50			54			(67	)		18			19			—			1			2
*Foreign Currency Transactions		(11	)		3			(3	)		(3	)		1			(1	)		—			—			—
Change in Unrealized Appreciation (Depreciation) of:
**Investment Securities/Affiliated Investment Companies Shares and Foreign Currency		(573,824	)		24,134			106,080			(230,704	)		16,892			45,806			(18,996	)		3,242			4,208
*Translation of Foreign Currency Denominated Amounts		—			—			2			—			—			—			—			—			—
*Futures		(1	)		(6	)		(108	)		22			(2	)		(35	)		1			—			(2	)
*Change in Deferred Thailand Capital Gains Tax		4			(2	)		(7	)		3			(1	)		(2	)		—			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		(558,784	)		70,435			127,354			(213,484	)		37,396			55,854			(15,680	)		6,755			6,107
Distributions From:
Net Investment Income:
Class R2 Shares		(150	)		(408	)		(301	)		(81	)		(143	)		(45	)		(27	)		(43	)		(5	)
Institutional Class Shares		(23,670	)		(16,955	)		(9,646	)		(14,711	)		(12,496	)		(5,913	)		(4,129	)		(2,617	)		(1,198	)
Total Distributions From Net Investment Income		(23,820	)		(17,363	)		(9,947	)		(14,792	)		(12,639	)		(5,958	)		(4,156	)		(2,660	)		(1,203	)
Net Realized Gains:
Class R2 Shares		(566	)		(371	)		(549	)		(76	)		(54	)		(48	)		(11	)		(21	)		(1	)
Institutional Class Shares		(24,909	)		(9,793	)		(16,961	)		(7,495	)		(3,711	)		(6,319	)		(962	)		(800	)		(629	)
Total Distributions From Net Realized Gains		(25,475	)		(10,164	)		(17,510	)		(7,571	)		(3,765	)		(6,367	)		(973	)		(821	)		(630	)
Total Distributions to Shareholders		(49,295	)		(27,527	)		(27,457	)		(22,363	)		(16,404	)		(12,325	)		(5,129	)		(3,481	)		(1,833	)
Capital Share Transactions:
Shares Issued		654,523			539,395			378,045			266,717			355,251			305,399			63,549			55,915			63,895
Shares Issued in Lieu of Cash Distributions		48,601			27,119			27,347			21,391			15,327			12,077			5,084			3,448			1,821
Shares Redeemed		(355,668	)		(243,370	)		(126,391	)		(228,380	)		(168,594	)		(94,383	)		(57,916	)		(24,929	)		(22,840	)
Net Increase (Decrease) From Capital Share Transactions		347,456			323,144			279,001			59,728			201,984			223,093			10,717			34,434			42,876
Total Increase (Decrease) in Net Assets		(260,623	)		366,052			378,898			(176,119	)		222,976			266,622			(10,092	)		37,708			47,150
Net Assets
Beginning of Period		1,246,343			880,291			501,393			768,724			545,748			279,126			137,603			99,895			52,745
End of Period	$	985,720		$	1,246,343		$	880,291		$	592,605		$	768,724		$	545,748		$	127,511		$	137,603		$	99,895
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	3,563		$	3,345		$	2,589		$	1,351		$	934		$	2,741		$	354		$	195		$	218

* Allocated from each Portfolio's respective Master Funds (Affiliated Investment Companies).

** A portion has been allocated from each Portfolio's respective Master Funds (Affiliated Investment Companies).

See accompanying Notes to Financial Statements.
16

DIMENSIONAL INVESTMENT GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

Class R2 Shares

	Global Equity Portfolio															Global 60/40 Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Period Dec. 24, 2003(a) to Nov. 30, 2004			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Period Dec. 24, 2003(a) to Nov. 30, 2004
Net Asset Value, Beginning of Period	$	15.49		$	14.76		$	12.90		$	11.54		$	10.00		$	13.16		$	12.65		$	11.58		$	10.83		$	10.00
Income from Investment Operations
Net Investment Income		0.24	(A)		0.22	(A)		0.19	(A)		0.19	(A)		0.07			0.30	(A)		0.22	(A)		0.11	(A)		0.19	(A)		0.08
Net Gains (Losses) on Securities (Realized and Unrealized)		(6.06	)		0.86			2.29			1.33			1.54			(3.60	)		0.60			1.40			0.73			0.84
Total from Investrment Operations		(5.82	)		1.08			2.48			1.52			1.61			(3.30	)		0.82			1.51			0.92			0.92
Less Distributions
Net Investment Income		(0.18	)		(0.18	)		(0.18	)		(0.14	)		(0.07	)		(0.18	)		(0.22	)		(0.18	)		(0.16	)		(0.09	)
Net Realized Gains		(0.32	)		(0.17	)		(0.44	)		(0.02	)		—			(0.13	)		(0.09	)		(0.26	)		(0.01	)		—
Total Distributions		(0.50	)		(0.35	)		(0.62	)		(0.16	)		(0.07	)		(0.31	)		(0.31	)		(0.44	)		(0.17	)		(0.09	)
Net Asset Value, End of Period	$	9.17		$	15.49		$	14.76		$	12.90		$	11.54		$	9.55		$	13.16		$	12.65		$	11.58		$	10.83
Total Return		(38.72	)%(C)		7.42	%		20.04	%		13.25	%		16.18	%(C)		(25.63	)%(C)		6.50	%		13.49	%		8.57	%		9.29	%(C)
Net Assets, End of Period (thousands)	$	6,819		$	27,904		$	32,717		$	16,092		$	14,684		$	5,081		$	7,631		$	7,379		$	1,857		$	1,912
Ratio of Expenses to Average Net Assets (D)		0.60	%(B)		0.58	%		0.62	%		0.71	%		0.90	%(B)(E)		0.59	%(B)		0.57	%		0.65	%		0.70	%		0.95	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.87	%(B)		0.84	%		0.85	%		0.80	%		0.94	%(B)(E)		0.80	%(B)		0.76	%		0.77	%		0.80	%		1.28	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		1.99	%(B)		1.38	%		1.38	%		1.32	%		0.82	%(B)(E)		2.78	%(B)		1.67	%		0.89	%		1.73	%		0.94	%(B)(E)

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
17

DIMENSIONAL INVESTMENT GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

Class R2 Shares

	Global 25/75 Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Period Dec. 24, 2003(a) to Nov. 30, 2004
Net Asset Value, Beginning of Period	$	11.42		$	11.11		$	10.62		$	10.33		$	10.00
Income from Investment Operations
Net Investment Income		0.30	(A)		0.19	(A)		0.03	(A)		0.20	(A)		0.07
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.39	)		0.41			0.77			0.25			0.37
Total from Investrment Operations		(1.09	)		0.60			0.80			0.45			0.44
Less Distributions
Net Investment Income		(0.21	)		(0.20	)		(0.20	)		(0.16	)		(0.11	)
Net Realized Gains		(0.08	)		(0.09	)		(0.11	)		—			—
Total Distributions		(0.29	)		(0.29	)		(0.31	)		(0.16	)		(0.11	)
Net Asset Value, End of Period	$	10.04		$	11.42		$	11.11		$	10.62		$	10.33
Total Return		(9.72	)%(C)		5.47	%		7.75	%		4.47	%		4.44	%(C)
Net Assets, End of Period (thousands)	$	1,342		$	1,564		$	2,701		$	46		$	65
Ratio of Expenses to Average Net Assets (D)		0.62	%(B)		0.62	%		0.62	%		0.79	%		0.95	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.78	%(B)		0.71	%		0.74	%		0.95	%		6.00	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		3.00	%(B)		1.66	%		0.28	%		2.00	%		1.03	%(B)(E)

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
18

DIMENSIONAL INVESTMENT GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

Institutional Class Shares

	Global Equity Portfolio															Global 60/40 Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Period Dec. 24, 2003(a) to Nov. 30, 2004			Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Period Dec. 24, 2003(a) to Nov. 30, 2004
Net Asset Value, Beginning of Period	$	15.48		$	14.78		$	12.92		$	11.56		$	10.00		$	13.17		$	12.67		$	11.60		$	10.83		$	10.00
Income from Investment Operations
Net Investment Income		0.27	(A)		0.27	(A)		0.23	(A)		0.25	(A)		0.09			0.27	(A)		0.25	(A)		0.19	(A)		0.22	(A)		0.11
Net Gains (Losses) on Securities (Realized and Unrealized)		(6.02	)		0.85			2.28			1.29			1.55			(3.54	)		0.60			1.35			0.72			0.83
Total from Investrment Operations		(5.75	)		1.12			2.51			1.54			1.64			(3.27	)		0.85			1.54			0.94			0.94
Less Distributions
Net Investment Income		(0.27	)		(0.25	)		(0.21	)		(0.16	)		(0.08	)		(0.24	)		(0.26	)		(0.21	)		(0.16	)		(0.11	)
Net Realized Gains		(0.32	)		(0.17	)		(0.44	)		(0.02	)		—			(0.13	)		(0.09	)		(0.26	)		(0.01	)		—
Total Distributions		(0.59	)		(0.42	)		(0.65	)		(0.18	)		(0.08	)		(0.37	)		(0.35	)		(0.47	)		(0.17	)		(0.11	)
Net Asset Value, End of Period	$	9.14		$	15.48		$	14.78		$	12.92		$	11.56		$	9.53		$	13.17		$	12.67		$	11.60		$	10.83
Total Return		(38.50	)%(C)		7.67	%		20.33	%		13.47	%		16.46	%(C)		(25.47	)%(C)		6.79	%		13.78	%		8.80	%		9.41	%(C)
Net Assets, End of Period (thousands)	$	978,901		$	1,218,439		$	847,574		$	485,301		$	179,079		$	587,524		$	761,093		$	538,369		$	277,269		$	102,341
Ratio of Expenses to Average Net Assets (D)		0.34	%(B)		0.33	%		0.37	%		0.46	%		0.67	%(B)(E)		0.32	%(B)		0.31	%		0.35	%		0.45	%		0.65	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.61	%(B)		0.59	%		0.60	%		0.56	%		0.71	%(B)(E)		0.53	%(B)		0.51	%		0.52	%		0.55	%		0.83	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		2.26	%(B)		1.70	%		1.72	%		1.50	%		1.08	%(B)(E)		2.44	%(B)		1.90	%		1.56	%		1.99	%		1.18	%(B)(E)

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
19

DIMENSIONAL INVESTMENT GROUP INC.

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

Institutional Class Shares

	Global 25/75 Portfolio
	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Period Dec. 24, 2003(a) to Nov. 30, 2004
Net Asset Value, Beginning of Period	$	11.46		$	11.15		$	10.65		$	10.34		$	10.00
Income from Investment Operations
Net Investment Income		0.31	(A)		0.24	(A)		0.22	(A)		0.24	(A)		0.11
Net Gains (Losses) on Securities (Realized and Unrealized)		(1.37	)		0.40			0.60			0.24			0.36
Total from Investrment Operations		(1.06	)		0.64			0.82			0.48			0.47
Less Distributions
Net Investment Income		(0.31	)		(0.24	)		(0.21	)		(0.17	)		(0.13	)
Net Realized Gains		(0.08	)		(0.09	)		(0.11	)		—			—
Total Distributions		(0.39	)		(0.33	)		(0.32	)		(0.17	)		(0.13	)
Net Asset Value, End of Period	$	10.01		$	11.46		$	11.15		$	10.65		$	10.34
Total Return		(9.55	)%(C)		5.85	%		7.97	%		4.71	%		4.73	%(C)
Net Assets, End of Period (thousands)	$	126,169		$	136,039		$	97,194		$	52,699		$	31,208
Ratio of Expenses to Average Net Assets (D)		0.30	%(B)		0.31	%		0.37	%		0.47	%		0.99	%(B)(E)
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.46	%(B)		0.46	%		0.49	%		0.71	%		1.32	%(B)(E)
Ratio of Net Investment Income to Average Net Assets		3.03	%(B)		2.15	%		1.59	%		2.33	%		0.95	%(B)(E)

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
20

DIMENSIONAL INVESTMENT GROUP INC.
NOTES TO FINANCIAL STATEMENTS

A. Organization:

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund currently offers fifteen portfolios, of which Global Equity Portfolio, Global 60/40 Portfolio and Global 25/75 Portfolio (the "Global Funds") are presented in this report.

The Global Funds achieve their investment objectives by primarily investing in other portfolios within The DFA Investment Trust Company ("ITC"), DFA Investment Dimensions Group Inc. ("IDG") and Dimensional Emerging Markets Value Fund Inc. ("DEM") (collectively, the "Master Funds").

At October 31, 2008, Class R1 shares had not commenced operations. Class R1 shares of the Global Funds have 25,000,000 authorized shares.

At a regular meeting of the Board of Directors/Trustees (the "Board") on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Global Funds from November 30 to October 31.

	Global Funds (Percentage of Ownership at October 31, 2008)
Master Funds	Global Equity Portfolio			Global 60/40 Portfolio			Global 25/75 Portfolio
The U.S. Large Cap Value Series (ITC)		N/A			—			N/A
The Japanese Small Company Series (ITC)		—			—			N/A
The Asia Pacific Small Company Series (ITC)		—			—			N/A
The United Kingdom Small Company Series (ITC)		—			—			N/A
The Continental Small Company Series (ITC)		—			—			N/A
The Emerging Markets Series (ITC)		—			—			N/A
The Emerging Markets Small Cap Series (ITC)		—			—			N/A
The DFA Two-Year Global Fixed Income Series (ITC)		N/A			2	%		1	%
U.S. Core Equity 1 Portfolio (IDG)		15	%		5	%		—
U.S. Core Equity 2 Portfolio (IDG)		15	%		6	%		1	%
DFA Real Estate Securities Portfolio (IDG)		1	%		—			—
Large Cap International Portfolio (IDG)		N/A			—			N/A
International Core Equity Portfolio (IDG)		15	%		6	%		1	%
Emerging Markets Core Equity Portfolio (IDG)		5	%		1	%		—
DFA Five-Year Global Fixed Income Portfolio (IDG)		N/A			3	%		2	%
DFA Selectively Hedged Global Fixed Income Portfolio (IDG)		N/A			45	%		N/A
Dimensional Emerging Markets Value Fund Inc. (DEM)		N/A			—			N/A

N/A – Global Fund does not have any ownership in Master Fund.

Amounts designated as — are less than 1%.

B. Significant Accounting Policies:

1. Security Valuation: The U.S. Large Company Series, The Japanese Small Company Series, The Asia Pacific Small Company Series, The United Kingdom Small Company Series, The Continental Small Company Series, The Emerging Markets Series and The Emerging Markets Small Cap Series (the "Partnerships") are treated as partnerships for federal income tax purposes. The Global Funds' investments in the Partnerships reflect their proportionate interest in the net assets of those corresponding Partnerships. The shares of the remaining Master Funds held by the Global Funds are valued at their respective daily net asset values, as these Master Funds are treated as regulated investment companies for federal income tax purposes.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Global Funds' own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Global Funds' net assets as of October 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Global Equity Portfolio	$	967,179	$	4,106		—	$	971,285
Global 60/40 Portfolio		592,001		962		—		592,963
Global 25/75 Portfolio		127,397		61		—		127,458

2. Deferred Compensation Plan: Each eligible Director of the Fund may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized a ppreciation (depreciation) and income are included in Other Expenses for the period ended October 31, 2008 and are included in Directors'/Trustees' Expenses for the year ended November 30, 2007.

income and distributions to shareholders are recorded on the ex-dividend date. Distributions received from the investment in affiliated investment companies that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. The Global Funds estimate the character of distributions received that may be considered return of capital distributions. Interest income is recorded on the accrual basis. Expenses directly attributable to a Global Fund are directly charged. Common expenses of the Group are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

Class R2 Shares and Institutional Class Shares have equal rights to assets and earnings of its Global Fund. Income, gains and losses, and common expenses of each Global Fund are allocated to each class of shares based on its relative net assets. Each class will bear its own class-specific expenses, if any.

The Global Funds each recognize their pro-rata share of net investment income and realized and unrealized gains/losses on a daily basis, from their respective Partnerships.

C. Investment Advisor:

Dimensional Fund Advisors LP ("Dimensional" or the "Advisor") provides investment advisory services to the Master Funds. The Advisor also provides administrative services to the Global Funds, including supervision of services provided by others, providing information to shareholders and the Board of Directors/Trustees, and other administrative services. For the period December 1, 2007 to October 31, 2008, the Global Equity Portfolio, Global 60/40 Portfolio and Global 25/75 Portfolio's administrative services fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.30%, 0.25%, 0.20%, respectively, of average daily net assets. The Global Funds do not pay separate management fees to the Advisor.

Pursuant to a Fee Waiver and Expense Assumption Agreement, the Advisor has contractually agreed to waive its administrative services fee to the extent necessary to limit the proportionate share of the total combined administrative services fees paid by each of the Global Funds and investment advisory services fees paid by the Master Funds to the Advisor. The Fee Waiver and Expense Assumption Agreement will remain in effect until April 1, 2009, and shall continue to remain in effect from year to year thereafter unless terminated by the Fund or the Advisor. For the period December 1, 2007 to October 31, 2008, the Global Funds had the following expense limits based on a percentage of average net assets on an annualized basis.

	Expense Limits
Global Equity Portfolio		0.27	%
Global 60/40 Portfolio		0.25	%
Global 25/75 Portfolio		0.22	%

The Advisor has also contractually agreed to assume the direct operating expenses of the Institutional Class Shares of each Global Fund (excluding administrative services fees paid to the Advisor), to the extent necessary to limit the total expense ratios (including the expenses that the Institutional Class Shares of each such Global Fund bears as a shareholder of the Master Funds, but excluding expenses from investment in other investment companies) of the Institutional Class Shares. For the period December 1, 2007 to October 31, 2008, the Institutional Class Shares had the following expense limits based on a percentage of average net assets on an annualized basis.

	Expense Limits
Global Equity Portfolio		0.44	%
Global 60/40 Portfolio		0.41	%
Global 25/75 Portfolio		0.37	%

The Fee Waiver and Expense Assumption Agreement will remain in effect until April 1, 2009, and shall continue to remain in effect from year to year thereafter unless terminated by the Fund or the Advisor.

For the Class R2 Shares, the Advisor has contractually agreed to assume the direct operating expenses of the Class R2 Shares of each Global Fund (excluding administrative services fees paid to the Advisor) to the extent necessary to limit the total expense ratios (including the expenses that the Class R2 Shares of each such Global Fund bears as a shareholder of the Master Funds and including Shareholder Servicing Fees, but excluding expenses from investment in other investment companies) of the Class R2 Shares. For the period December 1, 2007 to October 31, 2008, the Class R2 Shares had the following expense limits based on a percentage of average net assets on an annualized basis.

	Expense Limits
Global Equity Portfolio		0.69	%
Global 60/40 Portfolio		0.66	%
Global 25/75 Portfolio		0.62	%

At any time that the rate of the fees and annualized expenses of a Global Fund are less than the rates listed above for a Global Fund on an annualized basis, the Advisor retains the right to recover any fees previously waived and/or expenses previously assumed to the extent that such recovery will not cause the Global Fund's Institutional Class and Class R2 Shares' fees or expenses to exceed the fee or expense limitations listed above. Previously waived fees subject to future recovery by the Advisor over periods not exceeding October 31, 2011 are reflected below (amounts in thousands). The Global Funds are not obligated to reimburse the Advisor for fees previously waived or expenses previously assumed by the Advisor more than thirty-six months before the date of recovery.

	Previously Waived Fees/Expenses Assumed Subject to Future Recovery
Global Equity Portfolio
Class R2 Shares	$	179
Institutional Class Shares		7,361
Global 60/40 Portfolio
Class R2 Shares		39
Institutional Class Shares		3,540
Global 25/75 Portfolio
Class R2 Shares		10
Institutional Class Shares		545

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Fund; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Fund. For the period December 1, 2007 to October 31, 2008, the total related amounts paid by the Fund to the CCO were $25 (in thousands). The total related amounts paid by each of the Global Funds are included in Other Expenses on the Statement of Operations.

D. Deferred Compensation:

Global Equity Portfolio	$	18
Global 60/40 Portfolio		11
Global 25/75 Portfolio		2

E. Federal Income Taxes:

Each Global Fund has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to its shareholders. Accordingly, no provision has been made for federal income taxes.

nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of October 31, 2008, primarily attributable to reclassification of distributions and the utilization of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for income tax purposes, were reclassified to the following accounts. These reclassifications had no effect on net assets or net asset value per share (amounts in thousands):

	Increase (Decrease) Paid-In Capital		Increase (Decrease) Undistributed Net Investment Income			Increase (Decrease) Accumulated Net Realized Gains/(Losses)
Global Equity Portfolio	$	1,155	$	(1,215	)	$	60
Global 60/40 Portfolio		2,352		(1,754	)		(598	)
Global 25/75 Portfolio		—		(59	)		59

The tax character of dividends and distributions declared and paid during the years ended November 30, 2006 and November 30, 2007 and the period December 1, 2007 to October 31, 2008 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
Global Equity Portfolio 2006	$	11,320	$	16,822	$	28,142
2007		20,438		9,279		29,717
2008		26,394		24,056		50,450
Global 60/40 Portfolio 2006		6,429		6,175		12,604
2007		14,075		3,393		17,468
2008		17,159		7,556		24,715
Global 25/75 Portfolio 2006		1,273		636		1,909
2007		2,739		742		3,481
2008		4,258		871		5,129

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
Global Equity Portfolio	$	1,155		—	$	1,155
Global 60/40 Portfolio		1,740	$	612		2,352

At October 31, 2008, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

	Undistributed Net Investment Income and Short-Term Capital Gains		Undistributed Long-Term Capital Gains		Capital Loss Carryforward			Total Net Distributable Earnings/ (Accumulated Losses)
Global Equity Portfolio	$	3,630		—	$	(11,249	)	$	(7,619	)
Global 60/40 Portfolio		1,377	$	2,234		—			3,611
Global 25/75 Portfolio		394		1,249		—			1,643

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2008, the Global Equity Portfolio had capital loss carryforwards available in the amount of $11,249 (in thousands) to offset future realized capital gains through October 31, 2016.

Some of the investments held by the Master Funds are in securities considered to be "passive foreign investment companies" for which any unrealized appreciation (depreciation) (mark to market) and/or realized gains are required to be included in distributable net investment income for federal income tax purposes. At October 31, 2008, the Global Funds received the following cumulative unrealized appreciation (depreciation) (mark to market) to be included in distributable net investment income for federal tax purposes. For the period December 1, 2007 to October 31, 2008, as listed below, there were realized gains on the sale of passive foreign investment companies received to be reclassified from accumulated net realized gains to accumulated net investment income for federal tax purposes. Amounts are in thousands.

	Mark to Market		Realized Gains
Global Equity Portfolio	$	49	$	10
Global 60/40 Portfolio		14		3
Global 25/75 Portfolio		—		—

	Federal Tax Cost		Unrealized Appreciation		Unrealized (Depreciation)			Net Unrealized Appreciation (Depreciation)
Global Equity Portfolio	$	1,375,830	$	20,087	$	(424,555	)	$	(404,468	)
Global 60/40 Portfolio		743,946		9,922		(169,196	)		(159,274	)
Global 25/75 Portfolio		141,692		1,946		(15,180	)		(13,234	)

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes." This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Global Funds' tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2005 through the period ended October 31, 2008), for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Global Funds' financial statements.

F. Capital Share Transactions:

The capital share transactions by class were as follows (amounts in thousands):

	Period Dec. 1, 2007 to Oct. 31, 2008						Year Ended Nov. 30, 2007
	Amount			Shares			Amount			Shares
Global Equity Portfolio
Class R2 Shares
Shares Issued	$	3,702			324		$	15,839			1,014
Shares Issued in Lieu of Cash Distributions		716			49			779			52
Shares Redeemed		(20,911	)		(1,431	)		(23,027	)		(1,481	)
Net Increase (Decrease)—Class R2 Shares	$	(16,493	)		(1,058	)	$	(6,409	)		(415	)
Institutional Class Shares
Shares Issued	$	650,821			52,874		$	523,556			33,704
Shares Issued in Lieu of Cash Distributions		47,885			3,401			26,340			1,743
Shares Redeemed		(334,757	)		(27,816	)		(220,343	)		(14,087	)
Net Increase (Decrease)—Institutional Class Shares	$	363,949			28,459		$	329,553			21,360
Global 60/40 Portfolio
Class R2 Shares
Shares Issued	$	2,885			283		$	4,290			330
Shares Issued in Lieu of Cash Distributions		156			12			197			15
Shares Redeemed		(4,313	)		(343	)		(4,564	)		(349	)
Net Increase (Decrease)—Class R2 Shares	$	(1,272	)		(48	)	$	(77	)		(4	)
Institutional Class Shares
Shares Issued	$	263,832			21,933		$	350,961			26,609
Shares Issued in Lieu of Cash Distributions		21,235			1,711			15,130			1,178
Shares Redeemed		(224,067	)		(19,795	)		(164,030	)		(12,504	)
Net Increase (Decrease)—Institutional Class Shares	$	61,000			3,849		$	202,061			15,283
Global 25/75 Portfolio
Class R2 Shares
Shares Issued	$	739			70		$	1,494			132
Shares Issued in Lieu of Cash Distributions		38			4			64			6
Shares Redeemed		(836	)		(77	)		(2,762	)		(244	)
Net Increase (Decrease)—Class R2 Shares	$	(59	)		(3	)	$	(1,204	)		(106	)
Institutional Class Shares
Shares Issued	$	62,810			5,710		$	54,421			4,802
Shares Issued in Lieu of Cash Distributions		5,046			458			3,384			302
Shares Redeemed		(57,080	)		(5,437	)		(22,167	)		(1,950	)
Net Increase (Decrease)—Institutional Class Shares	$	10,776			731		$	35,638			3,154

G. Financial Instruments:

In accordance with the Fund's investment objectives and policies, the Fund may invest in certain financial instruments that have off-balance sheet risk in excess of the amounts recognized in the financial statements and concentrations of credit and market risk. The instrument and its significant corresponding risks are described below:

Repurchase Agreements: The Global Funds may purchase money market instruments subject to the counterparty's agreement to repurchase them at an agreed upon date and price. The counterparty will be required on a daily basis to maintain the value of the collateral subject to the agreement at not less than the repurchase price, including accrued interest. The agreements are conditioned upon the collateral being deposited under the Federal Reserve book-entry system with the Fund's custodian or a third party sub-custodian. In the event of default or bankruptcy by the other party to the agreement, retention of the collateral may be subject to legal proceedings. All open repurchase agreements were entered into on October 31, 2008.

H. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 30, 2003 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 23, 2009.

For the period December 1, 2007 to October 31, 2008, borrowings by the Global Funds under this line of credit were as follows (amounts in thousands, except percentages and days):

	Weighted Average Interest Rate			Weighted Average Loan Balance		Number of Days Outstanding		Interest Expense Incurred		Maximum Amount Borrowed During the Period
Global Equity Portfolio		3.62	%	$	1,732		38	$	7	$	19,650
Global 60/40 Portfolio		3.83	%		1,184		57		7		7,432
Global 25/75 Portfolio		4.07	%		535		57		3		15,573

There were no outstanding borrowings by the Global Funds under this line of credit at October 31, 2008.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2009. There were no borrowings by the Global Funds under this line of credit during the period ended October 31, 2008.

I. Shareholder Servicing Fees:

J. Indemnitees; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund.

K. Recently Issued Accounting Standards and Interpretation:

FAS 161 defines new disclosures of derivative instruments and hedging activities. Management is currently evaluating the implications of FAS 161. At this time, its impact on the Global Fund's financial statements has not been determined.

L. Other:

At October 31, 2008, the following number of shareholders held the following approximate percentages of outstanding shares of the Global Funds. One or more of the shareholders may be omnibus accounts, which typically hold shares for the benefit of several other underlying investors.

	Number of Shareholders		Approximate Percentage of Outstanding shares
Global Equity Portfolio—Class R2 Shares		3		98	%
Global Equity Portfolio—Institutional Class Shares		3		86	%
Global 60/40 Portfolio—Class R2 Shares		4		95	%
Global 60/40 Portfolio—Institutional Class Shares		3		72	%
Global 25/75 Portfolio—Class R2 Shares		3		96	%
Global 25/75 Portfolio—Institutional Class Shares		3		82	%

M. Subsequent Event Note:

On November 1, 2008, The DFA Two-Year Global Fixed Income Series, a master fund in a RIC/RIC master feeder structure with RIC feeders, underlying fund of fund investors (Two Year Global Fixed Income Series) and direct client investor, has made a "Check-the-box" election for federal income tax purposes pursuant to Treasury Regulation § 301.7701-3, to change its federal entity classifications from a corporation taxable as a regulated investment company to a partnership. As a result of this election, for tax purposes, the master fund is deemed to have distributed all of its assets and liabilities to its shareholders in liquidation of the master fund. Since the master fund has a shareholder owning 80% or more of the fund's shares, and also has shareholders owning less than 80%, the fund's respective transaction creates a non-taxable transaction, pursuant to Internal Revenue Code §332 for those owning more than 80%, and a taxable transa ction, pursuant to Internal Revenue Code §331, for those shareholders owning less than 80%. Immediately after the deemed liquidation, the shareholders contributed all of the distributed assets and liabilities to newly formed partnerships. The final tax year end of the Master Fund was October 31, 2008.

The master fund had book/tax differences upon its deemed liquidation. The following summary of permanent differences occurred as of the respective effective "Check the Box" election date.

				Increase (Decrease) Paid-In Capital				Unrealized Appreciation (Depreciation) Investment Securities				Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains (Losses)
The DFA Two-Year Global Fixed Income Series				$	21,245,521			$	(39,613,298	)		$	(6,979,642	)		$	25,347,419

	Increase (Decrease) Paid-In Capital		Unrealized Appreciation (Depreciation) Investment Securities			Increase (Decrease) Undistributed Net Investment Income		Increase (Decrease) Accumulated Net Realized Gains (Losses)
Global 60/40 Portfolio	$	—	$	(3,046,638	)	$	—	$	3,046,638
Global 25/75 Portfolio		—		(1,370,411	)		—		1,370,411

The Global 60/40 Portfolio and the Global 25/75 Portfolio, each representing a less than 80% owner of the Two Year Global Fixed Income Series, recognized $3,046,638 and $1,370,411 of net capital gain respectively for their tax year ended October 31, 2008, pursuant to IRC §331.

For financial reporting purposes, this transaction had no impact on the net assets of the respective funds.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders of the Portfolios, as defined, and
Board of Directors of Dimensional Investment Group Inc.:

In our opinion, the accompanying statements of assets and liabilities, including the schedules of investments, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of Global Equity Portfolio, Global 60/40 Portfolio and Global 25/75 Portfolio (three of the portfolios constituting Dimensional Investment Group Inc., hereafter referred to as the "Portfolios") at October 31, 2008, the results of each of their operations, the changes in each of their net assets and the financial highlights for the periods indicated, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Portfolios' management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the Standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at October 31, 2008 by correspondence with the transfer agent of the investee funds, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania
December 22, 2008

FUND MANAGEMENT

Trustees/Directors

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

Disinterested Trustees/Directors

George M. Constantinides
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue Chicago, IL 60637
Age: 61

DFAITC - since 1993
DFAIDG - since 1983
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Leo Melamed Professor of Finance, The University of Chicago Booth School of Business.

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

John P. Gould
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue
Chicago, IL 60637
Age: 69

DFAITC - since 1993
DFAIDG - since 1986
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Roger G. Ibbotson
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Yale School of Management
P.O. Box 208200
New Haven, CT 06520-8200
Age: 65

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Robert C. Merton
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Harvard Business School
353 Baker Library
Soldiers Field
Boston, MA 02163
Age: 64

DFAITC - since 2003
DFAIDG - since 2003
DIG - since 2003
DEM - since 2003

96 portfolios in 4 investment companies

Myron S. Scholes
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Platinum Grove Asset Management, L.P.
Reckson Executive Park
1100 King Street
Building 4
Rye Brook, NY 10573
Age: 67

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Abbie J. Smith
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue
Chicago, IL 60637
Age: 55

DFAITC - since 2000
DFAIDG - since 2000
DIG - since 2000
DEM - since 2000

96 portfolios in 4 investment companies

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

Interested Trustees/Directors*

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1992
DEM - since 1993

96 portfolios in 4 investment companies

Rex A. Sinquefield
The Show Me Institute
7777 Bonhomme Ave.,
Suite 2150 St. Louis, MO 63105
Age: 64

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1992
DEM - since 1993

96 portfolios in 4 investment companies

¹ Each Trustee/Director holds office for an indefinite term until his or her successor is elected and qualified.

² Each Trustee/Director is a director or trustee of each of the four registered investment companies within the DFA Fund Complex, which includes the Funds.

Officers

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
		Officers

April A. Aandal Vice President Age: 35	Since 2008	Vice President of all the DFA Entities.

Darryl D. Avery Vice President Age: 42	Since 2005	Vice President of all the DFA Entities. From June 2002 to January 2005, institutional client service representative of Dimensional.

Arthur H. Barlow Vice President Age: 52	Since 1993	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Scott A. Bosworth Vice President Age: 39	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since November 1997).

Valerie A. Brown Vice President and Assistant Secretary Age: 41	Since 2001	Vice President and Assistant Secretary of all the DFA Entities, DFA Australia Limited, Dimensional Fund Advisors Ltd., and since June 2003, Dimensional Fund Advisors Canada Inc.

David P. Butler Vice President Age: 44	Since 2007	Vice President of all the DFA Entities. Director of US Financial Services of Dimensional (since January 2005). Formerly, Regional Director of Dimensional Fund Advisors LP (January 1995 to January 2005).

Patrick Carter Vice President Age: 46	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since March 2006). Formerly, Director of Merrill Lynch Retirement Group (December 1998 to March 2006).

Stephen A. Clark Vice President Age: 36	Since 2004	Vice President of all the DFA Entities, April 2001 to April 2004, Portfolio Manager of Dimensional.

Robert P. Cornell Vice President Age: 59	Since 2007	Vice President of all the DFA Entities. Regional Director of Financial Services Group of Dimensional (since August 1993).

Christopher S. Crossan Vice President and Chief Compliance Officer Age: 42	Since 2004	Vice President and Chief Compliance Officer of all the DFA Entities. Formerly, Senior Compliance Officer, INVESCO Institutional, Inc. and its affiliates (August 2000 to January 2004).

James L. Davis Vice President Age: 51	Since 1999	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Robert T. Deere Vice President Age: 51	Since 1994	Vice President of all the DFA Entities and DFA Australia Limited.

Robert W. Dintzner Vice President Age: 38	Since 2001	Vice President of all the DFA Entities. Prior to April 2001, marketing supervisor and marketing coordinator for Dimensional.

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Kenneth Elmgren Vice President Age: 54	Since 2007	Vice President of all the DFA Entities. Formerly, Managing Principal of Beverly Capital (May 2004 to September 2006); Principal of Wydown Capital (September 2001 to May 2004).

Richard A. Eustice Vice President and Assistant Secretary Age: 43	Since 1998	Vice President and Assistant Secretary of all the DFA Entities and DFA Australia Limited. Formerly, Vice President of Dimensional Fund Advisors Ltd.

Eugene F. Fama, Jr. Vice President Age: 47	Since 1993	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Gretchen A. Flicker Vice President Age: 37	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, institutional client service representative of Dimensional.

Jed S. Fogdall Vice President Age: 34	Since 2008	Vice President of all the DFA Entities. Portfolio Manager for Dimensional (since September 2004). Prior to September 2004, Staff Engineer at the Boeing Company (1997-2004); Graduate Student at the University of California, Los Angeles (2002-2003).

Glenn S. Freed Vice President Age: 46	Since 2001	Vice President of all the DFA Entities.

Mark R. Gochnour Vice President Age: 41	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional.

Henry F. Gray Vice President Age: 41	Since 2000	Vice President of all the DFA Entities. Prior to July 2000, Portfolio Manager of Dimensional. Formerly, Vice President of DFA Australia Limited.

John T. Gray Vice President Age: 34	Since 2007	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (January 2005 to February 2007).

Darla Hastings Vice President Age: 53	Since 2007	Vice President of all the DFA Entities. Chief Marketing Officer of Dimensional. Formerly, Senior Vice President, Customer Experience for Benchmark Assisted Living (May 2005 to April 2006); Executive Vice President and Chief Marketing Officer of State Street Corporation (September 2001 to October 2005).

Joel H. Hefner Vice President Age: 40	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since June 1998).

Julie Henderson Vice President and Fund Controller Age: 34	Since 2005	Vice President and Fund Controller of all the DFA Entities. Formerly, Senior Manager at PricewaterhouseCoopers LLP (July 1996 to April 2005).

Kevin Hight Vice President Age: 40	Since 2005	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (since March 2003 to March 2005).

Christine W. Ho Vice President Age: 40	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Assistant Controller of Dimensional.

Jeff J. Jeon Vice President Age: 34	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Counsel of Dimensional.

Patrick M. Keating Vice President Age: 53	Since 2003	Vice President of all the DFA Entities and Chief Operating Officer of Dimensional. Director, Vice President and Chief Privacy Officer of Dimensional Fund Advisors Canada Inc. Director of DFA Australia Limited.

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Joseph F. Kolerich Vice President Age: 36	Since 2004	Vice President of all the DFA Entities. From April 2001 to April 2004, Portfolio Manager for Dimensional.

Michael F. Lane Vice President Age: 41	Since 2004	Vice President of all the DFA Entities. Formerly, Vice President of Advisor Services at TIAA-CREF (July 2001 to September 2004).

Kristina M. LaRusso Vice President Age: 33	Since 2006	Vice President of all DFA Entities. Formerly, Operations Supervisor of Dimensional (March 2003 to December 2006).

Inmoo Lee Vice President Age: 42	Since 2007	Vice President of all the DFA Entities. Associate Professor Department of Finance and Accounting, Business School, National University of Singapore (July 2004 to present); Associate Professor, College of Business Administration, Korea University (September 2001 to May 2006).

Juliet Lee Vice President Age: 37	Since 2005	Vice President of all the DFA Entities. Human Resources Manager of Dimensional (since January 2004). Formerly, Assistant Vice President for Metropolitan West Asset Management LLC (February 2001 to December 2003).

Aaron M. Marcus Vice President & Head of Global Human Resources Age: 38	Since 2008	Vice President and Head of Global Human Resources of Dimensional. Formerly, Global Head of Recruiting and Vice President of Goldman Sachs & Co. (June 2006 to January 2008); Global Co-Head of HR of the Equities & FICC Division, and Vice President of Goldman Sachs & Co. (May 2005 to May 2006); Head of Americas Campus Recruiting and Vice President of Goldman Sachs & Co. (April 2003 to May 2005).

David R. Martin Vice President, Chief Financial Officer and Treasurer Age: 51	Since 2007	Vice President, Chief Financial Officer and Treasurer of all the DFA Entities. Director, Vice President, Chief Financial Officer and Treasurer of Dimensional Fund Advisors Ltd. and DFA Australia Limited. Chief Financial Officer, Treasurer, and Vice President of Dimensional Fund Advisors Canada Inc. Director of Dimensional Funds PLC and Dimensional Funds II PLC. Formerly, Executive Vice President and Chief Financial Officer of Janus Capital Group Inc. (June 2005 to March 2007); Senior Vice President of Finance at Charles Schwab & Co., Inc. (March 1999 to May 2005).

Catherine L. Newell Vice President and Secretary Age: 44	Vice President since 1997 and Secretary since 2000	Vice President and Secretary of all the DFA Entities. Director, Vice President and Assistant Secretary of DFA Australia Limited (since February 2002, April 1997 and May 2002, respectively). Vice President and Secretary of Dimensional Fund Advisors Canada Inc. (since June 2003). Director, Dimensional Funds PLC and Dimensional Funds II PLC (since January 2002). Formerly, Assistant Secretary of all DFA Entities and Dimensional Fund Advisors Ltd.

Gerard K. O'Reilly Vice President Age: 31	Since 2007	Vice President of all the DFA Entities. Formerly, Research Associate of Dimensional Fund Advisors LP (2004 to 2006); Research Assistant in PhD program, Aeronautics Department California Institute of Technology (1998 to 2004).

Carmen Palafox Vice President Age: 34	Since 2006	Vice President of all the DFA Entities. Operations Manager of Dimensional Fund Advisors LP (since May 1996).

Sonya Park Vice President Age: 36	Since 2005	Vice President of all the DFA Entities. From February 2002 to January 2005, institutional client service representative of Dimensional.

David A. Plecha Vice President Age: 47	Since 1993	Vice President of all the DFA Entities, DFA Australia Limited and Dimensional Fund Advisors Ltd..

Ted Randall Vice President Age: 35	Since 2008	Vice President of all the DFA Entities. Formerly, Research Associate of Dimensional (2006-2008). Systems Developer of Dimensional (2001-2006).

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Eduardo A. Repetto Vice President and Chief Investment Officer Age: 41	Since 2002	Chief Investment Officer (beginning March 2007) and Vice President of all the DFA Entities, DFA Australia Limited and Dimensional Fund Advisors Canada Inc. Formerly, Research Associate for Dimensional (June 2000 to April 2002).

L. Jacobo Rodriguez Vice President Age: 37	Since 2005	Vice President of all the DFA Entities. From August 2004 to July 2005, institutional client service representative of Dimensional. Formerly, Financial Services Analyst, Cato Institute (September 2001 to June 2004); Book Review Editor, Cato Journal, Cato Institute (May 1996 to June 2004).

David E. Schneider Vice President Age: 62	Since 2001	Vice President of all the DFA Entities. Currently, Director of Institutional Services.

Ted R. Simpson Vice President Age: 40	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since December 2002).

Bryce D. Skaff Vice President Age: 33	Since 2007	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (December 1999 to January 2007).

Grady M. Smith Vice President Age: 51	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Portfolio Manager of Dimensional.

Carl G. Snyder Vice President Age: 45	Since 2000	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited.

Lawrence R. Spieth Vice President Age: 60	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Regional Director of Dimensional.

Bradley G. Steiman Vice President Age: 35	Since 2004	Vice President of all the DFA Entities and Director and Vice President of Dimensional Fund Advisors Canada Inc.

Karen E. Umland Vice President Age: 42	Since 1997	Vice President of all the DFA Entities, DFA Australia Limited, Dimensional Fund Advisors Ltd., and since June 2003, Dimensional Fund Advisors Canada Inc.

Carol W. Wardlaw Vice President Age: 49	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Regional Director of Dimensional.

Weston J. Wellington Vice President Age: 57	Since 1997	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited.

Daniel M. Wheeler Vice President Age: 63	Since 2001	Vice President of all the DFA Entities. Prior to 2001 and currently, Director of Financial Advisors Services of Dimensional. Director of Dimensional Fund Advisors Ltd. (since October 2003) and President of Dimensional Fund Advisors Canada Inc. (since June 2003).

Ryan Wiley Vice President Age: 32	Since 2007	Vice President of all the DFA Entities. Senior Trader of Dimensional. Formerly, Portfolio Manager (2006 to 2007); Trader (2001 to 2006).

Paul E. Wise Vice President Age: 53	Since 2005	Vice President of all the DFA Entities. Chief Technology Officer for Dimensional (since 2004). Formerly, Principal of Turnbuckle Management Group (January 2002 to August 2004).

¹ Each officer holds office for an indefinite term at the pleasure of the Boards of Trustee/Directors and until his or her successor is elected and qualified.

VOTING PROXIES ON FUND PORTFOLIO SECURITIES

A description of the policies and procedures that the Master Funds use in voting proxies relating to securities held in the portfolios is available without charge, upon request, by calling collect: (310) 395-8005. Information regarding how the Advisor votes these proxies is available from the EDGAR database on the SEC's website at http://www.sec.gov and from the Advisor's website at http://www.dimensional.com and reflects the twelve-month period beginning July 1st and ending June 30th.

NOTICE TO SHAREHOLDERS

(Unaudited)

For shareholders that do not have an October 31, 2008 tax year end, this notice is for informational purposes only. For shareholders with an October 31, 2008 tax year end, please consult your tax advisor as to the pertinence of this notice. For the period December 1, 2007 to October 31, 2008, each Global Fund is designating the following items with regard to distributions paid during the period.

Dimensional Investment Group Inc.	Net Investment Income Distributions			Short-Term Capital Gain Distributions			Long-Term Capital Gain Distributions			Total Distributions			Qualifying For Corporate Dividends Received Deduction(1)			Qualifying Dividend Income(2)			U.S. Government Interest(3)		Foreign Tax Credit(4)			Qualifying Interest Income(5)			Qualifying Short-Term Capital Gain(6)
Global Equity Portfolio
Class R2 Shares		52	%		1	%		47	%		100	%		—			11	%		—		1	%		1	%		1	%
Institutional Class Shares		52	%		1	%		47	%		100	%		—			11	%		—		1	%		1	%		1	%
Global 60/40 Portfolio
Class R2 Shares		69	%		1	%		30	%		100	%		23	%		40	%		—		1	%		2	%		2	%
Institutional Class Shares		69	%		1	%		30	%		100	%		23	%		40	%		—		1	%		2	%		2	%
Global 25/75 Portfolio
Class R2 Shares		82	%		1	%		17	%		100	%		—			12	%		—		—			2	%		1	%
Institutional Class Shares		82	%		1	%		17	%		100	%		—			12	%		—		—			2	%		1	%

(1) Qualifying dividends represent dividends which qualify for the corporate dividends received deduction and is reflected as a percentage of ordinary income distributions (the total of net investment income and short-term capital gain distributions).

(2) The percentage in this column represents the amount of "Qualifying Dividend Income" as created by the Jobs and Growth Tax Relief Reconciliation Act of 2003 and is reflected as a percentage of ordinary income distributions (the total of net investment income and short-term capital gain distributions). It is the intention of each of the aforementioned funds to designate the maximum amount permitted by law.

(3) "U.S. Government Interest" represents the amount of interest that was derived from direct U.S. Government obligations and distributed during the fiscal year. This amount is reflected as a percentage of total ordinary income distributions (the total of net investment income and short-term capital gain distributions). Generally, interest from direct U.S. Government obligations is exempt from state income tax. However, for residents of California, Connecticut and New York, the statutory threshold requirements were not satisfied to permit exemption of these amounts from state income.

(4) Foreign Tax Credit represent dividends which qualify for the foreign tax credit pass through and is reflected as a percentage of investment company taxable income (the total of net investment income and short-term capital gain distributions).

(5) The percentage in this column represents the amount of "Qualifying Interest Income" as created by The American Jobs Creation Act of 2004. The information is reflected as a percentage of ordinary income distributions (the total of net investment income and short-term capital gain distributions).

(6) The percentage in this column represents the amount of "Qualifying Short-Term Capital Gain" as created by The American Jobs Creation Act of 2004.The information is reflected as a percentage of ordinary income distributions (the total of net investment income and short-term capital gain distributions).

DFA103108-012A

DIMENSIONAL INVESTMENT GROUP INC.

U.S. Large Cap Value Portfolio II

Annual Report

Period Ended October 31, 2008

Dimensional Fund Advisors
6300 Bee Cave Road, Building One
Austin, TX 78746

December 2008

Dear Fellow Shareholder,

All of us at Dimensional take our job as the steward of your assets very seriously and hope to have the opportunity to serve you for many years to come.

Sincerely,

David G. Booth
Chairman and Chief Executive Officer

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ANNUAL REPORT

Table of Contents

Letter to Shareholders	Page
Definitions of Abbreviations and Footnotes		1

Dimensional Investment Group Inc. — U.S. Large Cap Value Portfolio II

Performance Chart		2

Management's Discussion and Analysis		3

Disclosure of Fund Expenses		5

Disclosure of Portfolio Holdings		6

Statement of Assets and Liabilities		7

Statements of Operations		8

Statements of Changes in Net Assets		9

Financial Highlights		10

Notes to Financial Statements		11

Report of Independent Registered Public Accounting Firm		15

The DFA Investment Trust Company — The U.S. Large Cap Value Series

Performance Chart		16

Disclosure of Fund Expenses		17

Disclosure of Portfolio Holdings		18

Summary Schedule of Portfolio Holdings		19

Statement of Assets and Liabilities		22

Statements of Operations		23

Statements of Changes in Net Assets		24

Financial Highlights		25

Notes to Financial Statements		26

Report of Independent Registered Public Accounting Firm		32

Fund Management		33

Voting Proxies on Fund Portfolio Securities		40

Notice to Shareholders		41

This report is submitted for the information of the Fund's shareholders. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.

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DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Statement of Assets and Liabilities/Summary Schedule of Portfolio Holdings

Investment Abbreviations

FNMA Federal National Mortgage Association

STRIP Separate Trading of Registered Interest and Principal Securities

Investment Footnotes

† See Note B to Financial Statements.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

@ Security purchased with cash proceeds from Securities on Loan.

(y) The rate shown is the effective yield.

§ Affiliated Fund.

Financial Highlights

(A) Computed using average shares outstanding.

(B) Annualized

(D) Represents the combined ratios for the respective portfolio and its respective pro-rata share of its Master Fund Series.

All Statements and Schedules

— Amounts designated as — are either zero or rounded to zero.

SEC Securities and Exchange Commission

DIMENSIONAL INVESTMENT GROUP INC.
PERFORMANCE CHART

DIMENSIONAL INVESTMENT GROUP INC.
MANAGEMENT'S DISCUSSION AND ANALYSIS

U.S. Equity Market Review 11 Months Ended October 31, 2008

For the 11 months ended October 31, 2008, small company stocks slightly outperformed large companies, and mid cap companies underperformed both small and large cap companies. The performance of the Russell Microcap Index^® was –33.59%, the Russell 2000 Index^® was –29.07%, CRSP 6-10 Index was –32.90%, and MSCI USA Small Cap 1750 Index was –32.21%. Large cap value stocks, as measured by the Russell 1000 Value Index^®, slightly outperformed large cap growth stocks, as measured by the Russell 1000 Growth Index^®. The value premium was larger among small cap stocks.

Total Return for 11 Months Ended October 31, 2008

Russell 2000 Index^® (small cap companies)	–29.07	%
Russell Midcap Index^® (mid cap companies)	–37.70	%
Russell 1000 Index^® (large cap companies)	–33.99	%
Russell 3000 Value Index^®	–32.90	%
Russell 3000 Growth Index^®	–34.45	%

When the large, mid, and small cap market segments are further divided by value and growth characteristics, the distinction in performance within sectors was equally significant.

Total Return for 11 Months Ended October 31, 2008

Russell 1000 Value Index^® (large cap value companies)	–33.55	%
Russell 1000 Growth Index^® (large cap growth companies)	–34.54	%
Russell Midcap Value Index^® (mid cap value companies)	–35.42	%
Russell Midcap Growth Index^® (mid cap growth companies)	–40.01	%
Russell 2500 Value Index^® (small/mid cap value companies)	–29.10	%
Russell 2500 Growth Index^® (small/mid cap growth companies)	–37.30	%
Russell 2000 Value Index^® (small cap value companies)	–24.91	%
Russell 2000 Growth Index^® (small cap growth companies)	–33.26	%

Master-Feeder Structure

U.S. Large Cap Value Portfolio II

The U.S. Large Cap Value Portfolio II seeks to capture the returns of U.S. large company value stocks by purchasing shares of a Master Fund that invests in such stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to large cap value stocks, but does not attempt to track closely a specific equity index. The Master Fund held approximately 200 stocks as of October 31, 2008, and was mostly invested in equities throughout the year: average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Master Fund's assets.

As a result of the Master Fund's diversified investment approach, performance was determined principally by broad structural trends in the U.S. equity market, rather than by the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, large cap value stocks generally outperformed large cap growth stocks. Total returns were –33.31% for the S&P 500 Index^®, –33.55% for the Russell 1000 Value Index^®, and –36.60% for the Portfolio. Relative to the Russell 1000 Value Index^®, underperformance of the Portfolio was primarily due to the Master Fund's lower-exposure to stocks with neutral value/growth characteristics as measured by book-to-market ("BtM") ratio, and weighting and composition differences of consumer discretionary and consumer staples stocks due to structural differences in the eligible universe of the Master Fund as compared to the Index. Less value- oriented stocks in the middle BtM quartiles, which represented approximately 11% of the Master Fund compared to approximately 47% of the Index, outperformed value stocks in the highest BtM quartile by more than 15 percentage points. Stocks held by the Master Fund in the consumer discretionary sector, which represented approximately 16% of the Master Fund compared to approximately 8% of the Index, underperformed the Index by about 13 percentage points. Stocks held by the Master Fund in the consumer staples sector, which represented approximately 5% of the Master Fund compared to 9% of the Index, underperformed similar stocks held by the Index by approximately 20 percentage points.

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE CAP VALUE PORTFOLIO II

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended October 31, 2008

EXPENSE TABLE

	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	648.10		0.17	%	$	0.70
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.28		0.17	%	$	0.87

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE CAP VALUE PORTFOLIO II

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

Affiliated Investment Company

100.0

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE CAP VALUE PORTFOLIO II

STATEMENT OF ASSETS AND LIABILITIES

OCTOBER 31, 2008

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investment in The U.S. Large Cap Value Series of The DFA Investment Trust Company (Affiliated Investment Company) (6,990,534 Shares) at Value†	$	94,792
Receivable for Affiliated Investment Company Shares Sold		103
Prepaid Expenses and Other Assets		9
Total Assets		94,904
LIABILITIES:
Payables:
Fund Shares Redeemed		103
Due to Advisor		1
Accrued Expenses and Other Liabilities		31
Total Liabilities		135
NET ASSETS	$	94,769
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		7,028,450
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	13.48
Investment in Affiliated Investment Company at Cost	$	136,499
NET ASSETS CONSIST OF:
Paid-In Capital	$	96,136
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		535
Accumulated Net Realized Gain (Loss)		39,805
Net Unrealized Appreciation (Depreciation)		(41,707	)
NET ASSETS	$	94,769
(1) NUMBER OF SHARES AUTHORIZED		200,000,000

See accompanying Notes to Financial Statements.
7

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE CAP VALUE PORTFOLIO II

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Income Distributions Received from Affiliated Investment Company	$	3,011		$	7,459
Expenses
Administrative Services Fees		20			54
Accounting & Transfer Agent Fees		14			19
Filing Fees		17			20
Shareholders' Reports		39			45
Directors'/Trustees' Fees & Expenses		(6	)		5
Professional Fees		8			14
Other		4			1
Total Expenses		96			158
Net Investment Income (Loss)		2,915			7,301
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Affiliated Investment Company		—			26,666
Net Realized Gain (Loss) on Affiliated Investment Company Shares Sold		48,423			(2,391	)
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		(130,048	)		(33,987	)
Net Realized and Unrealized Gain (Loss)		(81,625	)		(9,712	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(78,710	)	$	(2,411	)

See accompanying Notes to Financial Statements.
8

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE CAP VALUE PORTFOLIO II

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	2,915		$	7,301		$	7,179
Capital Gain Distributions Received from Affiliated Investment Company		—			26,666			12,133
Net Realized Gain (Loss) on:
Affiliated Investment Company Shares Sold		48,423			(2,391	)		(472	)
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		(130,048	)		(33,987	)		50,597
Net Increase (Decrease) in Net Assets Resulting from Operations		(78,710	)		(2,411	)		69,437
Distributions From:
Net Investment Income		(4,450	)		(7,401	)		(6,402	)
Net Short-Term Gains		—			(784	)		(858	)
Net Long-Term Gains		(24,080	)		(10,356	)		—
Total Distributions		(28,530	)		(18,541	)		(7,260	)
Capital Share Transactions (1):
Shares Issued		11,812			74,150			114,342
Shares Issued in Lieu of Cash Distributions		28,530			18,541			7,260
Shares Redeemed		(308,347	)		(94,641	)		(36,034	)
Net Increase (Decrease) from Capital Share Transactions		(268,005	)		(1,950	)		85,568
Total Increase (Decrease) in Net Assets		(375,245	)		(22,902	)		147,745
Net Assets
Beginning of Period		470,014			492,916			345,171
End of Period	$	94,769		$	470,014		$	492,916
(1) Shares Issued and Redeemed:
Shares Issued		628			3,044			5,235
Shares Issued in Lieu of Cash Distributions		1,358			782			346
Shares Redeemed		(15,513	)		(3,984	)		(1,677	)
		(13,527	)		(158	)		3,904
Undistributed Net Income (Distributions in Excess of Net Investment Income)	$	535		$	2,018		$	2,118

See accompanying Notes to Financial Statements.
9

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE CAP VALUE PORTFOLIO II

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Period Dec. 1 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	22.87		$	23.80		$	20.53		$	18.13		$	15.19		$	12.82
Income from Investment Operations
Net Investment Income (Loss)		0.27	(A)		0.33	(A)		0.38	(A)		0.30			0.16			0.18
Net Gains (Losses) (Realized and Unrealized)		(8.10	)		(0.39	)		3.29			2.32			3.09			2.38
Total from Investment Operations		(7.83	)		(0.06	)		3.67			2.62			3.25			2.56
Less Distributions
Net Investment Income		(0.37	)		(0.34	)		(0.35	)		(0.22	)		(0.31	)		(0.19	)
Net Realized Gains		(1.19	)		(0.53	)		(0.05	)		—			—			—
Total Distributions		(1.56	)		(0.87	)		(0.40	)		(0.22	)		(0.31	)		(0.19	)
Net Asset Value, End of Period	$	13.48		$	22.87		$	23.80		$	20.53		$	18.13		$	15.19
Total Return		(36.60	)%(C)		(0.34	)%		18.16	%		14.57	%		21.66	%		20.26	%
Net Assets, End of Period (thousands)	$	94,769		$	470,014		$	492,916		$	345,171		$	195,975		$	103,421
Ratio of Expenses to Average Net Assets (D)		0.16	%(B)		0.14	%		0.16	%		0.18	%		0.21	%		0.22	%
Ratio of Net Investment Income to Average Net Assets		1.44	%(B)		1.36	%		1.74	%		1.60	%		0.98	%		1.56	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
10

  DIMENSIONAL INVESTMENT GROUP INC.
  U.S. LARGE CAP VALUE PORTFOLIO II
  NOTES TO FINANCIAL STATEMENTS

A. Organization:

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of fifteen portfolios, of which U.S. Large Cap Value Portfolio II (the "Portfolio") is presented in this report.

The Portfolio primarily invests its assets in The U.S. Large Cap Value Series (the "Series"), a corresponding series of The DFA Investment Trust Company. At October 31, 2008, the Portfolio owned 2% of the outstanding shares of the Series. The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolio.

At a regular meeting of the Board of Directors/Trustees (the "Board") on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Portfolio from November 30 to October 31.

B. Significant Accounting Policies:

1. Security Valuation: The shares of the Series held by the Portfolio are valued at their respective daily net asset value.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value of investments)

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
U.S. Large Cap Value Portfolio II	$	94,792		—		—	$	94,792

2. Deferred Compensation Plan: Each eligible Director of the Fund may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized a ppreciation (depreciation) and income, are included in Directors'/Trustees' Fees & Expenses. At October 31, 2008, the total liability for deferred compensation to Directors is included in Accrued Expense and Other Liabilities in the amount of $3 (in thousands).

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of affiliated investment company shares are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received from the investment in affiliated investment company that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. Expenses directly attributable to the Portfolio are directly charged. Common expenses of the Fund are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

Dimensional Fund Advisors LP ("Dimensional" or the "Advisor") provides administrative services to the Portfolio, including supervision of services provided by others, providing information to the shareholders and to the Board of Directors/Trustees, and other administrative services. The Advisor provides investment advisory services to the Series. For the period December 1, 2007 to October 31, 2008, the Portfolio's administrative services fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.01% of average daily net assets.

Fees Paid to Officers and Directors/Trustees:

D. Federal Income Taxes:

The Portfolio has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to shareholders. Accordingly, no provision has been made for federal income taxes.

arise. Accordingly, the following permanent differences as of October 31, 2008, were classified to the following accounts. The reclassifications had no effect on net assets or net asset value per share (amounts in thousands):

Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains
$	52			$	(52	)

The tax character of dividends and distributions declared and paid during the years ended November 30, 2006, November 30, 2007 and the the period December 1, 2007 to October 31, 2008 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Gains		Total
2006	$	7,260		—	$	7,260
2007		8,185	$	10,356		18,541
2008		4,399		24,131		28,530

At October 31, 2008, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

Undistributed Net Investment Income and Short-Term Capital Gains				Undistributed Long-Term Capital Gains				Total Net Distributable Earnings/ (Accumulated Losses)
$	538			$	40,896			$	41,434

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2008, the Portfolio had no capital loss carryforwards available to offset future realized gains.

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	137,589				—			$	(42,797	)		$	(42,797	)

E. Line of Credit:

under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 23, 2009. There were no borrowings by the Portfolio under this line of credit during the period ended October 31, 2008.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2009. There were no borrowings by the Portfolio under this line of credit during the period ended October 31, 2008.

F. Indemnitees; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liabilities arising out of the performance of the duties to the Fund.

G. Recently Issued Accounting Standards and Interpretation:

H. Other:

At October 31, 2008, two shareholders held 100% of the outstanding shares of the Portfolio.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders of U.S. Large Cap Value Portfolio II and
Board of Directors of Dimensional Investment Group Inc.:

In our opinion, the accompanying statement of assets and liabilities, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of U.S. Large Cap Value Portfolio II (one of the portfolios constituting Dimensional Investment Group Inc., hereafter referred to as the "Portfolio") at October 31, 2008, the results of its operations, the changes in its net assets and the financial highlights for each of the periods indicated, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Portfolio's management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the stan dards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at October 31, 2008 by correspondence with the transfer agent of the investee fund, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania
December 22, 2008

THE DFA INVESTMENT TRUST COMPANY
PERFORMANCE CHART

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE CAP VALUE SERIES

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended October 31, 2008

EXPENSE TABLE

	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	648.60		0.11	%	$	0.46
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.58		0.11	%	$	0.56

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE CAP VALUE SERIES

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

Consumer Discretionary				Consumer Staples				Energy				Financials				Health Care				Industrials				Information Technology				Materials				Telecommunication Services				Utilities				Total
	12.6	%			5.5	%			15.1	%			30.8	%			1.8	%			17.4	%			4.6	%			3.4	%			8.7	%			0.1	%			100.0	%

THE U.S. LARGE CAP VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (88.7%)
Consumer Discretionary — (11.6%)
CBS Corp. Class B		5,590,306	$	54,281,871		0.8	%
Comcast Corp. Class A		12,216,542		192,532,702		2.9	%
# Comcast Corp. Special Class A Non-Voting		3,110,315		47,961,057		0.7	%
* Liberty Media Corp. - Entertainment Class A		3,864,672		62,221,219		0.9	%
# Time Warner, Inc.		18,369,180		185,345,026		2.7	%
# Tyco Electronics, Ltd.		1,537,111		29,881,438		0.4	%
Other Securities				292,496,695		4.4	%
Total Consumer Discretionary				864,720,008		12.8	%
Consumer Staples — (4.9%)
Archer-Daniels-Midland Co.		1,219,060		25,271,114		0.4	%
# Coca-Cola Enterprises, Inc.		3,519,272		35,368,684		0.5	%
Kraft Foods, Inc.		5,533,321		161,240,974		2.4	%
Molson Coors Brewing Co.		755,890		28,240,050		0.4	%
Other Securities				116,481,392		1.7	%
Total Consumer Staples				366,602,214		5.4	%
Energy — (13.4%)
# Anadarko Petroleum Corp.		3,422,156		120,802,107		1.8	%
# Apache Corp.		2,051,191		168,874,555		2.5	%
# Chesapeake Energy Corp.		2,496,221		54,841,975		0.8	%
# ConocoPhillips		4,659,773		242,401,391		3.6	%
# Devon Energy Corp.		1,962,942		158,723,490		2.4	%
Marathon Oil Corp.		2,640,550		76,840,005		1.1	%
Other Securities				177,364,431		2.6	%
Total Energy				999,847,954		14.8	%
Financials — (27.3%)
Allstate Corp.		2,540,615		67,046,830		1.0	%
# Bank of America Corp.		7,236,574		174,907,994		2.6	%
# Capital One Financial Corp.		1,668,884		65,286,742		1.0	%
# Chubb Corp.		1,620,173		83,957,365		1.2	%
# Cincinnati Financial Corp.		1,305,789		33,937,456		0.5	%
CNA Financial Corp.		1,896,282		29,506,148		0.4	%
JPMorgan Chase & Co.		7,213,911		297,573,829		4.4	%
Loews Corp.		3,808,002		126,463,746		1.9	%
# M&T Bank Corp.		440,052		35,688,217		0.5	%
# Merrill Lynch & Co., Inc.		1,408,640		26,186,618		0.4	%
# MetLife, Inc.		5,000,810		166,126,908		2.5	%
# Morgan Stanley		2,999,997		52,409,948		0.8	%
# New York Community Bancorp, Inc.		2,223,800		34,824,708		0.5	%
# Prudential Financial, Inc.		1,829,600		54,888,000		0.8	%
# SunTrust Banks, Inc.		945,360		37,946,750		0.6	%
The Travelers Companies, Inc.		5,075,909		215,979,928		3.2	%
Unum Group		2,404,389		37,869,127		0.6	%
Other Securities				492,099,070		7.3	%
Total Financials				2,032,699,384		30.2	%
Health Care — (1.6%)
*# WellPoint, Inc.		1,694,537		65,866,653		1.0	%
Other Securities				52,007,419		0.8	%
Total Health Care				117,874,072		1.8	%

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Industrials — (15.4%)
*# Allied Waste Industries, Inc.		2,682,276	$	27,949,316		0.4	%
# Burlington Northern Santa Fe Corp.		2,178,273		193,996,993		2.9	%
# CSX Corp.		3,309,804		151,324,239		2.2	%
FedEx Corp.		432,063		28,243,958		0.4	%
# Norfolk Southern Corp.		3,154,102		189,056,874		2.8	%
# Northrop Grumman Corp.		2,590,384		121,463,106		1.8	%
# Southwest Airlines Co.		5,076,220		59,797,872		0.9	%
Union Pacific Corp.		4,066,600		271,526,882		4.0	%
Other Securities				105,722,697		1.7	%
Total Industrials				1,149,081,937		17.1	%
Information Technology — (3.7%)
*# Computer Sciences Corp.		1,361,543		41,064,137		0.6	%
*# Symantec Corp.		2,636,076		33,161,836		0.5	%
Xerox Corp.		3,605,491		28,916,038		0.4	%
Other Securities				170,627,649		2.6	%
Total Information Technology				273,769,660		4.1	%
Materials — (3.0%)
# Dow Chemical Co.		2,427,760		64,748,359		1.0	%
# International Paper Co.		1,643,445		28,300,123		0.4	%
# Weyerhaeuser Co.		1,415,829		54,112,984		0.8	%
Other Securities				78,273,714		1.1	%
Total Materials				225,435,180		3.3	%
Telecommunication Services — (7.7%)
# AT&T, Inc.		9,749,000		260,980,730		3.9	%
# Verizon Communications, Inc.		8,542,208		253,447,311		3.7	%
Other Securities				58,656,568		0.9	%
Total Telecommunication Services				573,084,609		8.5	%
Utilities — (0.1%)
Total Utilities				4,787,743		0.1	%
TOTAL COMMON STOCKS				6,607,902,761		98.1	%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (1.9%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $130,825,000 FNMA 5.50%, 05/01/37 & 6.00%, 05/01/38, valued at $146,641,902) to be repurchased at $144,481,317	$	144,470		144,470,000		2.1	%

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
SECURITIES LENDING COLLATERAL — (9.4%)
§@ DFA Short Term Investment Fund LP		641,002,721	$	641,002,721		9.5	%
@ PNC Demand Deposit Account 0.22%		10,000,000		10,000,000		0.2	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securitites 0.24%, 11/03/08 (Collateralized by $65,652,304 FNMA, rates ranging from 5.500% to 7.000%, maturities ranging from 07/01/33 to 09/01/38 & U.S. Treasury STRIP 0.599%(y), 02/15/09, valued at $49,188,211) to be repurchased at $48,070,107	$	48,069		48,069,158		0.7	%
TOTAL SECURITIES LENDING COLLATERAL				699,071,879		10.4	%
TOTAL INVESTMENTS — (100.0%) (Cost $9,331,596,076)			$	7,451,444,640		110.6	%

See accompanying Notes to Financial Statements.

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE CAP VALUE SERIES

STATEMENT OF ASSETS AND LIABILITIES

OCTOBER 31, 2008

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investments at Value (including $690,374 of securities on loan)	$	6,607,903
Temporary Cash Investments at Value & Cost		144,470
Collateral Received from Securities on Loan at Value & Cost		699,072
Receivables:
Investment Securities Sold		10,617
Dividends and Interest		12,718
Securities Lending Income		1,430
Fund Shares Sold		4,995
Fund Margin Variation		29
Prepaid Expenses and Other Assets		7
Total Assets		7,481,241
LIABILITIES:
Payables:
Upon Return of Securities Loaned		699,072
Investment Securities Purchased		41,685
Fund Shares Redeemed		136
Due to Advisor		570
Accrued Expenses and Other Liabilities		415
Total Liabilities		741,878
NET ASSETS	$	6,739,363
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		497,037,187
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	13.56
Investments at Cost	$	8,488,055
NET ASSETS CONSIST OF:
Paid-In Capital	$	9,162,464
Undistributed Net Income (Distributions in Excess of Net Investment Income)		(68	)
Accumulated Net Realized Gain (Loss)		(542,910	)
Net Unrealized Appreciation (Depreciation)		(1,880,123	)
NET ASSETS	$	6,739,363
(1) NUMBER OF SHARES AUTHORIZED		Unlimited

See accompanying Notes to Financial Statements.
22

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE CAP VALUE SERIES

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Dividends	$	166,659		$	152,304
Interest		1,529			4,285
Income from Securities Lending		7,486			2,119
Total Investment Income		175,674			158,708
Expenses
Investment Advisory Services Fees		8,436			10,188
Accounting & Transfer Agent Fees		847			1,011
Custodian Fees		90			108
Shareholders' Reports		82			103
Directors'/Trustees' Fees & Expenses		—			94
Professional Fees		166			157
Other		37			56
Total Expenses		9,658			11,717
Net Investment Income (Loss)		166,016			146,991
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		(422,637	)		(118,412	)
Futures		(1,861	)		—
In-Kind Redemptions		52,271	*		—
Change in Unrealized Appreciation (Depreciation) of: Investment Securities		(3,601,292	)		(150,559	)
Futures		29			—
Net Realized and Unrealized Gain (Loss)		(3,973,490	)		(268,971	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(3,807,474	)	$	(121,980	)

* See Note J in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
23

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE CAP VALUE SERIES

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	166,016		$	146,991		$	119,373
Net Realized Gain (Loss) on:
Investment Securities Sold		(422,637	)		(118,412	)		477,934
Futures		(1,861	)		—			—
In-Kind Redemptions		52,271	*		—			—
Change in Unrealized Appreciation (Depreciation) of: Investment Securities		(3,601,292	)		(150,559	)		631,814
Futures		29			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		(3,807,474	)		(121,980	)		1,229,121
Distributions From:
Net Investment Income		(168,022	)		(146,268	)		(127,544	)
Net Short-Term Gains		—			(14,058	)		(14,160	)
Net Long-Term Gains		—			(463,917	)		(186,026	)
Total Distributions		(168,022	)		(624,243	)		(327,730	)
Capital Share Transactions (1):
Shares Issued		1,370,762			1,783,358			1,997,675
Shares Issued in Lieu of Cash Distributions		165,455			600,794			317,835
Shares Redeemed		(980,680	)*		(344,913	)		(182,182	)
Net Increase (Decrease) from Capital Share Transactions		555,537			2,039,239			2,133,328
Total Increase (Decrease) in Net Assets		(3,419,959	)		1,293,016			3,034,719
Net Assets
Beginning of Period		10,159,322			8,866,306			5,831,587
End of Period	$	6,739,363		$	10,159,322		$	8,866,306
(1) Shares Issued and Redeemed:
Shares Issued		74,071			75,958			92,566
Shares Issued in Lieu of Cash Distributions		9,754			26,704			15,344
Shares Redeemed		(52,609	)		(15,046	)		(8,564	)
		31,216			87,616			99,346
Undistributed Net Income (Distributions in Excess of Net Investment Income)	$	(68	)	$	1,938		$	1,485

* See Note J in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
24

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE CAP VALUE SERIES

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	21.81		$	23.44		$	20.91		$	18.55		$	15.41		$	13.01
Income from Investment Operations
Net Investment Income (Loss)		0.35	(A)		0.34	(A)		0.36	(A)		0.29			0.23			0.21
Net Gains (Losses) on Securities (Realized and Unrealized)		(8.25	)		(0.38	)		3.27			2.41			3.09			2.41
Total from Investment Operations		(7.90	)		(0.04	)		3.63			2.70			3.32			2.62
Less Distributions
Net Investment Income		(0.35	)		(0.33	)		(0.38	)		(0.32	)		(0.18	)		(0.22	)
Net Realized Gains		—			(1.26	)		(0.72	)		(0.02	)		—			—
Total Distributions		(0.35	)		(1.59	)		(1.10	)		(0.34	)		(0.18	)		(0.22	)
Net Asset Value, End of Period	$	13.56		$	21.81		$	23.44		$	20.91		$	18.55		$	15.41
Total Return		(36.53	)%(C)		(0.32	)%		18.16	%		14.66	%		21.68	%		20.34	%
Net Assets, End of Period (thousands)	$	6,739,363		$	10,159,322		$	8,866,306		$	5,831,587		$	3,919,913		$	2,510,662
Ratio of Expenses to Average Net Assets		0.11	%(B)		0.11	%		0.12	%		0.14	%		0.15	%		0.15	%
Ratio of Net Investment Income to Average Net Assets		1.97	%(B)		1.44	%		1.68	%		1.56	%		1.41	%		1.62	%
Portfolio Turnover Rate		19	%(C)		9	%		13	%		9	%		7	%		7	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
25

  THE DFA INVESTMENT TRUST COMPANY
  THE U.S. LARGE CAP VALUE SERIES
  NOTES TO FINANCIAL STATEMENTS

A. Organization:

The DFA Investment Trust Company (the "Trust") is an open-end management investment company registered under the Investment Company Act of 1940. The Trust consists of eighteen series, of which The U.S. Large Cap Value Series (the "Series") is presented in this report.

At a regular meeting of the Board of Directors/Trustees (the "Board") on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Series from November 30 to October 31.

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America. Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates and those differences could be material.

Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Series' own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Series' net assets as of October 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)								Other Financial Instruments (Unrealized Appreciation/ Depreciation)*
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
The U.S. Large Cap Value Series	$	6,607,903	$	843,542		—	$	7,451,445	$	29		—		—	$	29

2. Deferred Compensation Plan: Each eligible Trustee of the Trust may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Trustees may defer payment of all or a portion of their total fees earned as a Trustee. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized app reciation (depreciation) and income, are included in Other Expenses on October 31, 2008 and are included in Directors'/Trustees' Fees & Expenses on November 30, 2007. At October 31, 2008, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities in the amount of $134 (in thousands).

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. The Series estimates the character of distributions received that may be considered return of capital distributions or capital gain distributions. Interest income is recorded on an accrual basis. Discount and premium on securities purchased are amortized over the lives of the respective securities, utilizing the effective i nterest method. Expenses directly attributable to a Series are directly charged. Common expenses of the Trust are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Trust; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Trust. For the period December 1, 2007 to October 31, 2008, the total related amounts paid by the Trust to the CCO were $134 (in thousands). The total related amounts paid by the Series are included in Other Expenses on the Statement of Operations.

D. Purchases and Sales of Securities:

Purchases				$	2,227,129
Sales					1,690,939

There were no purchases or sales of long-term U.S. government securities.

E. Federal Income Taxes:

The Series has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to shareholders. Accordingly, no provision has been made for federal income taxes.

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of October 31, 2008, primarily attributable to In-Kind redemptions were classified to the following accounts. These reclassifications had no effect on net assets or net asset value per share (amounts in thousands):

Increase (Decrease) Paid-in Capital Income				Increase (Decrease) Accumulated Net Realized Gains/(Losses)
$	52,271			$	(52,271	)

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
2006	$	141,704	$	186,026	$	327,730
2007		160,367		463,876		624,243
2008		168,022		—		168,022

At October 31, 2008, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

Undistributed Net Investment Income and Short-Term Capital Gains				Capital Loss Carryforward				Total Net Distributable Earnings/ (Accumulated (Losses)
$	66			$	(542,039	)		$	(541,973	)

For federal income tax purposes, the Trust measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2008, the Series had a capital loss carryforward available to offset future realized capital gains through the indicated expiration date (amount in thousands).

Expires on October 31,
2015		2016		Total
$	118,411	$	423,628	$	542,039

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	9,332,438			$	582,282			$	(2,463,275	)		$	(1,880,993	)

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes." This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Series' tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2005 through the period ended October 31, 2008), for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Series' financial statements.

F. Financial Instruments:

2. Futures Contracts: During the period October 31, 2008, the Series entered into futures contracts in accordance with its investment objectives. Upon entering into a futures contract, the Series deposits cash or pledges U.S. Government securities to a broker, equal to the minimum "initial margin" requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as "variation margin" and are recorded daily by the Series as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Series records a realized gain or loss equal to the difference between the value of the contrac t at the time it was opened and the value at the time it was closed.

At October 31, 2008, the Series had outstanding 235 long futures contracts of the S&P 500 Index^®, all of which expire on December 19, 2008. The value of such contracts on October 31, 2008 was $56,829 (in thousands), which resulted in an unrealized gain of $29 (in thousands). Approximately $5,816 (in thousands) of cash has been segregated as collateral for the open futures contracts and has been accounted for as cash on the Statement of Assets and Liabilities.

G. Line of Credit:

The Trust, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 30, 2003 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 23, 2009.

For the period ended October 31, 2008, borrowings by the Series under this line of credit were as follows (amounts in thousands, except percentages and days):

Weighted Average Interest Rate				Weighted Average Loan Balance				Number of Days Outstanding				Interest Expense Incurred				Maximum Amount Borrowed During the Period
	4.03	%		$	5,774				4			$	3			$	5,880

There were no outstanding borrowings by the Series under this line of credit at October 31, 2008.

The Trust, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2009. There were no borrowings by the Series under this line of credit during the period ended October 31, 2008.

H. Securities Lending:

Subject to the Series' investment policy, the cash collateral received by the Series from securities on loan is invested in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies or shares of the DFA Short Term Investment Fund LP. Agencies include both agency debentures and agency mortgage backed securities. In addition, the Series will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or other

distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible to be taxed at qualified dividend income rates.

I. Indemnitees; Contractual Obligations:

Under the Trust's organizational documents, its officers and trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust.

J. In-Kind Redemptions:

K. Recently Issued Accounting Standards and Interpretation:

In March 2008, Statement of Financial Accounting Standards No. 161, Disclosures about Derivative Instruments and Hedging Activities ("FAS 161"), was issued and is effective for fiscal years beginning after November 15, 2008. FAS 161 defines new disclosures of derivative instruments and hedging activities. Management is currently evaluating the implications of FAS 161. At this time, its impact on the Series' financial statements has not been determined.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders of The U.S. Large Cap Value Series and
Board of Trustees of The DFA Investment Trust Company:

In our opinion, the accompanying statements of assets and liabilities, including the summary schedules of portfolio holdings, and the related statements of operations and of changes in net assets and the financial highlights presents fairly, in all material respects, the financial position of The U.S. Large Cap Value Series (one of the portfolios constituting The DFA Investment Trust Company, hereafter referred to as the "Series") at October 31, 2008, the results of its operations, the changes in its net assets and the financial highlights for each of the periods indicated, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Series' management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these f inancial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at October 31, 2008 by correspondence with the custodian and broker, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania
December 22, 2008

FUND MANAGEMENT

Trustees/Directors

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

Disinterested Trustees/Directors

George M. Constantinides
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue Chicago, IL 60637
Age: 61

DFAITC - since 1993
DFAIDG - since 1983
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Leo Melamed Professor of Finance, The University of Chicago Booth School of Business.

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

John P. Gould
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue
Chicago, IL 60637
Age: 69

DFAITC - since 1993
DFAIDG - since 1986
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Roger G. Ibbotson
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Yale School of Management
P.O. Box 208200
New Haven, CT 06520-8200
Age: 65

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Robert C. Merton
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Harvard Business School
353 Baker Library
Soldiers Field
Boston, MA 02163
Age: 64

DFAITC - since 2003
DFAIDG - since 2003
DIG - since 2003
DEM - since 2003

96 portfolios in 4 investment companies

Myron S. Scholes
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Platinum Grove Asset Management, L.P.
Reckson Executive Park
1100 King Street
Building 4
Rye Brook, NY 10573
Age: 67

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Abbie J. Smith
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue
Chicago, IL 60637
Age: 55

DFAITC - since 2000
DFAIDG - since 2000
DIG - since 2000
DEM - since 2000

96 portfolios in 4 investment companies

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

Interested Trustees/Directors*

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1992
DEM - since 1993

96 portfolios in 4 investment companies

Rex A. Sinquefield
The Show Me Institute
7777 Bonhomme Ave.,
Suite 2150 St. Louis, MO 63105
Age: 64

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1992
DEM - since 1993

96 portfolios in 4 investment companies

¹ Each Trustee/Director holds office for an indefinite term until his or her successor is elected and qualified.

² Each Trustee/Director is a director or trustee of each of the four registered investment companies within the DFA Fund Complex, which includes the Funds.

Officers

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
		Officers

April A. Aandal Vice President Age: 35	Since 2008	Vice President of all the DFA Entities.

Darryl D. Avery Vice President Age: 42	Since 2005	Vice President of all the DFA Entities. From June 2002 to January 2005, institutional client service representative of Dimensional.

Arthur H. Barlow Vice President Age: 52	Since 1993	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Scott A. Bosworth Vice President Age: 39	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since November 1997).

Valerie A. Brown Vice President and Assistant Secretary Age: 41	Since 2001	Vice President and Assistant Secretary of all the DFA Entities, DFA Australia Limited, Dimensional Fund Advisors Ltd., and since June 2003, Dimensional Fund Advisors Canada Inc.

David P. Butler Vice President Age: 44	Since 2007	Vice President of all the DFA Entities. Director of US Financial Services of Dimensional (since January 2005). Formerly, Regional Director of Dimensional Fund Advisors LP (January 1995 to January 2005).

Patrick Carter Vice President Age: 46	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since March 2006). Formerly, Director of Merrill Lynch Retirement Group (December 1998 to March 2006).

Stephen A. Clark Vice President Age: 36	Since 2004	Vice President of all the DFA Entities, April 2001 to April 2004, Portfolio Manager of Dimensional.

Robert P. Cornell Vice President Age: 59	Since 2007	Vice President of all the DFA Entities. Regional Director of Financial Services Group of Dimensional (since August 1993).

Christopher S. Crossan Vice President and Chief Compliance Officer Age: 42	Since 2004	Vice President and Chief Compliance Officer of all the DFA Entities. Formerly, Senior Compliance Officer, INVESCO Institutional, Inc. and its affiliates (August 2000 to January 2004).

James L. Davis Vice President Age: 51	Since 1999	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Robert T. Deere Vice President Age: 51	Since 1994	Vice President of all the DFA Entities and DFA Australia Limited.

Robert W. Dintzner Vice President Age: 38	Since 2001	Vice President of all the DFA Entities. Prior to April 2001, marketing supervisor and marketing coordinator for Dimensional.

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Kenneth Elmgren Vice President Age: 54	Since 2007	Vice President of all the DFA Entities. Formerly, Managing Principal of Beverly Capital (May 2004 to September 2006); Principal of Wydown Capital (September 2001 to May 2004).

Richard A. Eustice Vice President and Assistant Secretary Age: 43	Since 1998	Vice President and Assistant Secretary of all the DFA Entities and DFA Australia Limited. Formerly, Vice President of Dimensional Fund Advisors Ltd.

Eugene F. Fama, Jr. Vice President Age: 47	Since 1993	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Gretchen A. Flicker Vice President Age: 37	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, institutional client service representative of Dimensional.

Jed S. Fogdall Vice President Age: 34	Since 2008	Vice President of all the DFA Entities. Portfolio Manager for Dimensional (since September 2004). Prior to September 2004, Staff Engineer at the Boeing Company (1997-2004); Graduate Student at the University of California, Los Angeles (2002-2003).

Glenn S. Freed Vice President Age: 46	Since 2001	Vice President of all the DFA Entities.

Mark R. Gochnour Vice President Age: 41	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional.

Henry F. Gray Vice President Age: 41	Since 2000	Vice President of all the DFA Entities. Prior to July 2000, Portfolio Manager of Dimensional. Formerly, Vice President of DFA Australia Limited.

John T. Gray Vice President Age: 34	Since 2007	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (January 2005 to February 2007).

Darla Hastings Vice President Age: 53	Since 2007	Vice President of all the DFA Entities. Chief Marketing Officer of Dimensional. Formerly, Senior Vice President, Customer Experience for Benchmark Assisted Living (May 2005 to April 2006); Executive Vice President and Chief Marketing Officer of State Street Corporation (September 2001 to October 2005).

Joel H. Hefner Vice President Age: 40	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since June 1998).

Julie Henderson Vice President and Fund Controller Age: 34	Since 2005	Vice President and Fund Controller of all the DFA Entities. Formerly, Senior Manager at PricewaterhouseCoopers LLP (July 1996 to April 2005).

Kevin Hight Vice President Age: 40	Since 2005	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (since March 2003 to March 2005).

Christine W. Ho Vice President Age: 40	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Assistant Controller of Dimensional.

Jeff J. Jeon Vice President Age: 34	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Counsel of Dimensional.

Patrick M. Keating Vice President Age: 53	Since 2003	Vice President of all the DFA Entities and Chief Operating Officer of Dimensional. Director, Vice President and Chief Privacy Officer of Dimensional Fund Advisors Canada Inc. Director of DFA Australia Limited.

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Joseph F. Kolerich Vice President Age: 36	Since 2004	Vice President of all the DFA Entities. From April 2001 to April 2004, Portfolio Manager for Dimensional.

Michael F. Lane Vice President Age: 41	Since 2004	Vice President of all the DFA Entities. Formerly, Vice President of Advisor Services at TIAA-CREF (July 2001 to September 2004).

Kristina M. LaRusso Vice President Age: 33	Since 2006	Vice President of all DFA Entities. Formerly, Operations Supervisor of Dimensional (March 2003 to December 2006).

Inmoo Lee Vice President Age: 42	Since 2007	Vice President of all the DFA Entities. Associate Professor Department of Finance and Accounting, Business School, National University of Singapore (July 2004 to present); Associate Professor, College of Business Administration, Korea University (September 2001 to May 2006).

Juliet Lee Vice President Age: 37	Since 2005	Vice President of all the DFA Entities. Human Resources Manager of Dimensional (since January 2004). Formerly, Assistant Vice President for Metropolitan West Asset Management LLC (February 2001 to December 2003).

Aaron M. Marcus Vice President & Head of Global Human Resources Age: 38	Since 2008	Vice President and Head of Global Human Resources of Dimensional. Formerly, Global Head of Recruiting and Vice President of Goldman Sachs & Co. (June 2006 to January 2008); Global Co-Head of HR of the Equities & FICC Division, and Vice President of Goldman Sachs & Co. (May 2005 to May 2006); Head of Americas Campus Recruiting and Vice President of Goldman Sachs & Co. (April 2003 to May 2005).

David R. Martin Vice President, Chief Financial Officer and Treasurer Age: 51	Since 2007	Vice President, Chief Financial Officer and Treasurer of all the DFA Entities. Director, Vice President, Chief Financial Officer and Treasurer of Dimensional Fund Advisors Ltd. and DFA Australia Limited. Chief Financial Officer, Treasurer, and Vice President of Dimensional Fund Advisors Canada Inc. Director of Dimensional Funds PLC and Dimensional Funds II PLC. Formerly, Executive Vice President and Chief Financial Officer of Janus Capital Group Inc. (June 2005 to March 2007); Senior Vice President of Finance at Charles Schwab & Co., Inc. (March 1999 to May 2005).

Catherine L. Newell Vice President and Secretary Age: 44	Vice President since 1997 and Secretary since 2000	Vice President and Secretary of all the DFA Entities. Director, Vice President and Assistant Secretary of DFA Australia Limited (since February 2002, April 1997 and May 2002, respectively). Vice President and Secretary of Dimensional Fund Advisors Canada Inc. (since June 2003). Director, Dimensional Funds PLC and Dimensional Funds II PLC (since January 2002). Formerly, Assistant Secretary of all DFA Entities and Dimensional Fund Advisors Ltd.

Gerard K. O'Reilly Vice President Age: 31	Since 2007	Vice President of all the DFA Entities. Formerly, Research Associate of Dimensional Fund Advisors LP (2004 to 2006); Research Assistant in PhD program, Aeronautics Department California Institute of Technology (1998 to 2004).

Carmen Palafox Vice President Age: 34	Since 2006	Vice President of all the DFA Entities. Operations Manager of Dimensional Fund Advisors LP (since May 1996).

Sonya Park Vice President Age: 36	Since 2005	Vice President of all the DFA Entities. From February 2002 to January 2005, institutional client service representative of Dimensional.

David A. Plecha Vice President Age: 47	Since 1993	Vice President of all the DFA Entities, DFA Australia Limited and Dimensional Fund Advisors Ltd..

Ted Randall Vice President Age: 35	Since 2008	Vice President of all the DFA Entities. Formerly, Research Associate of Dimensional (2006-2008). Systems Developer of Dimensional (2001-2006).

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Eduardo A. Repetto Vice President and Chief Investment Officer Age: 41	Since 2002	Chief Investment Officer (beginning March 2007) and Vice President of all the DFA Entities, DFA Australia Limited and Dimensional Fund Advisors Canada Inc. Formerly, Research Associate for Dimensional (June 2000 to April 2002).

L. Jacobo Rodriguez Vice President Age: 37	Since 2005	Vice President of all the DFA Entities. From August 2004 to July 2005, institutional client service representative of Dimensional. Formerly, Financial Services Analyst, Cato Institute (September 2001 to June 2004); Book Review Editor, Cato Journal, Cato Institute (May 1996 to June 2004).

David E. Schneider Vice President Age: 62	Since 2001	Vice President of all the DFA Entities. Currently, Director of Institutional Services.

Ted R. Simpson Vice President Age: 40	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since December 2002).

Bryce D. Skaff Vice President Age: 33	Since 2007	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (December 1999 to January 2007).

Grady M. Smith Vice President Age: 51	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Portfolio Manager of Dimensional.

Carl G. Snyder Vice President Age: 45	Since 2000	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited.

Lawrence R. Spieth Vice President Age: 60	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Regional Director of Dimensional.

Bradley G. Steiman Vice President Age: 35	Since 2004	Vice President of all the DFA Entities and Director and Vice President of Dimensional Fund Advisors Canada Inc.

Karen E. Umland Vice President Age: 42	Since 1997	Vice President of all the DFA Entities, DFA Australia Limited, Dimensional Fund Advisors Ltd., and since June 2003, Dimensional Fund Advisors Canada Inc.

Carol W. Wardlaw Vice President Age: 49	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Regional Director of Dimensional.

Weston J. Wellington Vice President Age: 57	Since 1997	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited.

Daniel M. Wheeler Vice President Age: 63	Since 2001	Vice President of all the DFA Entities. Prior to 2001 and currently, Director of Financial Advisors Services of Dimensional. Director of Dimensional Fund Advisors Ltd. (since October 2003) and President of Dimensional Fund Advisors Canada Inc. (since June 2003).

Ryan Wiley Vice President Age: 32	Since 2007	Vice President of all the DFA Entities. Senior Trader of Dimensional. Formerly, Portfolio Manager (2006 to 2007); Trader (2001 to 2006).

Paul E. Wise Vice President Age: 53	Since 2005	Vice President of all the DFA Entities. Chief Technology Officer for Dimensional (since 2004). Formerly, Principal of Turnbuckle Management Group (January 2002 to August 2004).

¹ Each officer holds office for an indefinite term at the pleasure of the Boards of Trustee/Directors and until his or her successor is elected and qualified.

VOTING PROXIES ON FUND PORTFOLIO SECURITIES

NOTICE TO SHAREHOLDERS
(Unaudited)

For shareholders that do not have an October 31, 2008 tax year end, this notice is for informational purposes only. For shareholders with an October 31, 2008 tax year end, please consult your tax advisor as to the pertinence of this notice. For the period December 1, 2007 to October 31, 2008, each Fund is designating the following items with regard to distributions paid during the period.

Dimensional Investment Group Inc.	Net Investment Income Distributions			Short-Term Capital Gain Distributions		Long-Term Capital Gain Distributions			Total Distributions			Qualifying For Corporate Dividends Received Deduction(1)			Qualifying Dividend Income(2)			Qualifying Interest Income(3)			Qualifying Short-Term Capital Gain(4)
U.S. Large Cap Value Portfolio II		15	%		—		85	%		100	%		89	%		85	%		1	%		—
The DFA Investment Trust Company
The U.S. Large Cap Value Series		100	%		—		—			100	%		85	%		83	%		1	%		—

(4) The percentage in this column represents the amount of "Qualifying Short-Term Capital Gain" as created by The American Jobs Creation Act of 2004. The information is reflected as a percentage of ordinary income distributions (the total of short-term capital gain and net investment income distributions).

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DFA103108-009A

DIMENSIONAL INVESTMENT GROUP INC.

U.S. Large Cap Value Portfolio III

Annual Report

Period Ended October 31, 2008

Dimensional Fund Advisors
6300 Bee Cave Road, Building One
Austin, TX 78746

December 2008

Dear Fellow Shareholder,

All of us at Dimensional take our job as the steward of your assets very seriously and hope to have the opportunity to serve you for many years to come.

Sincerely,

David G. Booth
Chairman and Chief Executive Officer

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ANNUAL REPORT

Table of Contents

Letter to Shareholders	Page
Definitions of Abbreviations and Footnotes		1

Dimensional Investment Group Inc. — U.S. Large Cap Value Portfolio III

Performance Chart		2

Management's Discussion and Analysis		3

Disclosure of Fund Expenses		5

Disclosure of Portfolio Holdings		6

Statement of Assets and Liabilities		7

Statements of Operations		8

Statements of Changes in Net Assets		9

Financial Highlights		10

Notes to Financial Statements		11

Report of Independent Registered Public Accounting Firm		15

The DFA Investment Trust Company — The U.S. Large Cap Value Series

Performance Chart		16

Disclosure of Fund Expenses		17

Disclosure of Portfolio Holdings		18

Summary Schedule of Portfolio Holdings		19

Statement of Assets and Liabilities		22

Statements of Operations		23

Statements of Changes in Net Assets		24

Financial Highlights		25

Notes to Financial Statements		26

Report of Independent Registered Public Accounting Firm		32

Fund Management		33

Voting Proxies on Fund Portfolio Securities		40

Notice to Shareholders		41

This report is submitted for the information of the Fund's shareholders. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.

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DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Statement of Assets and Liabilities/Summary Schedule of Portfolio Holdings

Investment Abbreviations

FNMA Federal National Mortgage Association

STRIP Separate Trading of Registered Interest and Principal Securities

Investment Footnotes

† See Note B to Financial Statements.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

@ Security purchased with cash proceeds from Securities on Loan.

(y) The rate shown is the effective yield.

§ Affiliated Fund.

Financial Highlights

(A) Computed using average shares outstanding.

(B) Annualized

(D) Represents the combined ratios for the respective portfolio and its respective pro-rata share of its Master Fund Series.

All Statements and Schedules

— Amounts designated as — are either zero or rounded to zero.

REIT Real Estate Investment Trust

SEC Securities and Exchange Commission

DIMENSIONAL INVESTMENT GROUP INC.
PERFORMANCE CHART

MANAGEMENT'S DISCUSSION AND ANALYSIS

U.S. Equity Market Review 11 Months Ended October 31, 2008

For the 11 months ended October 31, 2008, small company stocks slightly outperformed large companies, and mid cap companies underperformed both small and large cap companies. The performance of the Russell Microcap Index^® was –33.59%, the Russell 2000 Index^® was –29.07%, CRSP 6-10 Index was –32.90%, and MSCI USA Small Cap 1750 Index was –32.21%. Large cap value stocks, as measured by the Russell 1000 Value Index^®, slightly outperformed large cap growth stocks, as measured by the Russell 1000 Growth Index^®. The value premium was larger among small cap stocks.

Total Return for 11 Months Ended October 31, 2008

Russell 2000 Index^® (small cap companies)	–29.07	%
Russell Midcap Index^® (mid cap companies)	–37.70	%
Russell 1000 Index^® (large cap companies)	–33.99	%
Russell 3000 Value Index^®	–32.90	%
Russell 3000 Growth Index^®	–34.45	%

When the large, mid, and small cap market segments are further divided by value and growth characteristics, the distinction in performance within sectors was equally significant.

Total Return for 11 Months Ended October 31, 2008

Russell 1000 Value Index^® (large cap value companies)	–33.55	%
Russell 1000 Growth Index^® (large cap growth companies)	–34.54	%
Russell Midcap Value Index^® (mid cap value companies)	–35.42	%
Russell Midcap Growth Index^® (mid cap growth companies)	–40.01	%
Russell 2500 Value Index^® (small/mid cap value companies)	–29.10	%
Russell 2500 Growth Index^® (small/mid cap growth companies)	–37.30	%
Russell 2000 Value Index^® (small cap value companies)	–24.91	%
Russell 2000 Growth Index^® (small cap growth companies)	–33.26	%

Master-Feeder Structure

U.S. Large Cap Value Portfolio III

The U.S. Large Cap Value Portfolio III seeks to capture the returns of U.S. large company value stocks by purchasing shares of a Master Fund that invests in such stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to large cap value stocks, but does not attempt to track closely a specific equity index. The Master Fund held approximately 200 stocks as of October 31, 2008, and was mostly invested in equities throughout the year: average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Master Fund's assets.

As a result of the Master Fund's diversified investment approach, performance was determined principally by broad structural trends in the U.S. equity market, rather than by the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, large cap value stocks generally outperformed large cap growth stocks. Total returns were –33.31% for the S&P 500 Index^®, –33.55% for the Russell 1000 Value Index^®, and –36.55% for the Portfolio. Relative to the Russell 1000 Value Index^®, underperformance of the Portfolio was primarily due to the Master Fund's lower-exposure to stocks with neutral value/growth characteristics as measured by book-to-market ("BtM") ratio, and weighting and composition differences of consumer discretionary and consumer staples stocks due to structural differences in the eligible universe of the Master Fund as compared to the Index. Less value- oriented stocks in the middle BtM quartiles, which represented approximately 11% of the Master Fund compared to approximately 47% of the Index, outperformed value stocks in the highest BtM quartile by more than 15 percentage points. Stocks held by the Master Fund in the consumer discretionary sector, which represented approximately 16% of the Master Fund compared to approximately 8% of the Index, underperformed the Index by about 13 percentage points. Stocks held by the Master Fund in the consumer staples sector, which represented approximately 5% of the Master Fund compared to 9% of the Index, underperformed similar stocks held by the Index by approximately 20 percentage points.

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE CAP VALUE PORTFOLIO III

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended October 31, 2008

EXPENSE TABLE

	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	648.40		0.14	%	$	0.58
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.43		0.14	%	$	0.71

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE CAP VALUE PORTFOLIO III

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

Affiliated Investment Company

100.0

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE CAP VALUE PORTFOLIO III

STATEMENT OF ASSETS AND LIABILITIES

OCTOBER 31, 2008

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investment in The U.S. Large Cap Value Series of The DFA Investment Trust Company (Affiliated Investment Company) (90,518,096 Shares) at Value†	$	1,227,425
Receivables:
Fund Shares Sold		3,786
Prepaid Expenses and Other Assets		28
Total Assets		1,231,239
LIABILITIES:
Payables:
Affiliated Investment Company Shares Purchased		2,712
Fund Shares Redeemed		1,074
Due to Advisor		10
Accrued Expenses and Other Liabilities		112
Total Liabilities		3,908
NET ASSETS	$	1,227,331
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		110,047,778
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	11.15
Investment in Affiliated Investment Company at Cost	$	1,523,698
NET ASSETS CONSIST OF:
Paid-In Capital	$	1,548,133
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		6,093
Accumulated Net Realized Gain (Loss)		(30,622	)
Net Unrealized Appreciation (Depreciation)		(296,273	)
NET ASSETS	$	1,227,331
(1) NUMBER OF SHARES AUTHORIZED		200,000,000

See accompanying Notes to Financial Statements.
7

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE CAP VALUE PORTFOLIO III

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Income Distributions Received from Affiliated Investment Company	$	30,044		$	24,713
Expenses
Administrative Services Fees		150			172
Accounting & Transfer Agent Fees		33			35
Filing Fees		69			62
Shareholders' Reports		84			79
Directors'/Trustees' Fees & Expenses		—			12
Professional Fees		43			41
Other		10			4
Total Expenses		389			405
Net Investment Income (Loss)		29,655			24,308
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Affiliated Investment Company		—			83,262
Net Realized Gain (Loss) on Affiliated Investment Company Shares Sold		(18,481	)		(929	)
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		(678,634	)		(122,011	)
Net Realized and Unrealized Gain (Loss)		(697,115	)		(39,678	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(667,460	)	$	(15,370	)

See accompanying Notes to Financial Statements.
8

DIMENSIONAL INVESTMENT GROUP INC.

U.S. LARGE CAP VALUE PORTFOLIO III

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	29,655		$	24,308		$	23,043
Capital Gain Distributions Received from Affiliated Investment Company		—			83,262			38,894
Net Realized Gain (Loss) on Affiliated Investment Company Shares Sold		(18,481	)		(929	)		(343	)
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		(678,634	)		(122,011	)		162,996
Net Increase (Decrease) in Net Assets Resulting from Operations		(667,460	)		(15,370	)		224,590
Distributions From:
Net Investment Income		(29,233	)		(23,042	)		(20,907	)
Net Short-Term Gains		(463	)		(2,528	)		(2,751	)
Net Long-Term Gains		(77,610	)		(35,469	)		(802	)
Total Distributions		(107,306	)		(61,039	)		(24,460	)
Capital Share Transactions (1):
Shares Issued		573,859			386,999			316,260
Shares Issued in Lieu of Cash Distributions		106,838			61,039			24,460
Shares Redeemed		(409,826	)		(188,907	)		(114,928	)
Net Increase (Decrease) from Capital Share Transactions		270,871			259,131			225,792
Total Increase (Decrease) in Net Assets		(503,895	)		182,722			425,922
Net Assets
Beginning of Period		1,731,226			1,548,504			1,122,582
End of Period	$	1,227,331		$	1,731,226		$	1,548,504
(1) Shares Issued and Redeemed:
Shares Issued		37,800			19,491			17,724
Shares Issued in Lieu of Cash Distributions		6,224			3,141			1,421
Shares Redeemed		(26,294	)		(9,517	)		(6,419	)
		17,730			13,115			12,726
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	6,093		$	6,580		$	6,053

See accompanying Notes to Financial Statements.
9

DIMENSIONAL INVESTMENT GROUP INC.
U.S. LARGE CAP VALUE PORTFOLIO III
FINANCIAL HIGHLIGHTS
(for a share outstanding throughout each period)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	18.75		$	19.55		$	16.89		$	14.91		$	12.50		$	10.55
Income from Investment Operations
Net Investment Income (Loss)		0.29	(A)		0.28	(A)		0.31	(A)		0.25			0.14			0.16
Net Gains (Losses) (Realized and Unrealized)		(6.76	)		(0.33	)		2.69			1.91			2.54			1.94
Total from Investment Operations		(6.47	)		(0.05	)		3.00			2.16			2.68			2.10
Less Distributions
Net Investment Income		(0.29	)		(0.27	)		(0.29	)		(0.18	)		(0.27	)		(0.15	)
Net Realized Gains		(0.84	)		(0.48	)		(0.05	)		—			—			—
Total Distributions		(1.13	)		(0.75	)		(0.34	)		(0.18	)		(0.27	)		(0.15	)
Net Asset Value, End of Period	$	11.15		$	18.75		$	19.55		$	16.89		$	14.91		$	12.50
Total Return		(36.55	)%(C)		(0.35	)%		18.10	%		14.62	%		21.72	%		20.23	%
Net Assets, End of Period (thousands)	$	1,227,331		$	1,731,226		$	1,548,504		$	1,122,582		$	821,194		$	545,795
Ratio of Expenses to Average Net Assets (D)		0.14	%(B)		0.14	%		0.14	%		0.17	%		0.19	%		0.18	%
Ratio of Net Investment Income to Average Net Assets		1.98	%(B)		1.41	%		1.75	%		1.60	%		1.02	%		1.58	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
10

  DIMENSIONAL INVESTMENT GROUP INC.
  U.S. LARGE CAP VALUE PORTFOLIO III
  NOTES TO FINANCIAL STATEMENTS

A. Organization:

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of fifteen portfolios, of which U.S. Large Cap Value Portfolio III (the "Portfolio") is presented in this report.

The Portfolio primarily invests its assets in The U.S. Large Cap Value Series (the "Series"), a corresponding series of The DFA Investment Trust Company. At October 31, 2008, the Portfolio owned 18% of the outstanding shares of the Series. The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolio.

At a regular meeting of the Board of Directors/Trustees (the "Board") on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Portfolio from November 30 to October 31.

B. Significant Accounting Policies:

1. Security Valuation: The shares of the Series held by the Portfolio are valued at their respective daily net asset value.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value of investments)

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
U.S. Large Cap Value Portfolio III	$	1,227,425		—		—	$	1,227,425

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of affiliated investment company shares are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received from investment in affiliated investment company that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. Expenses directly attributable to the Portfolio are directly charged. Common expenses of the Fund are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

Dimensional Fund Advisors LP ("Dimensional" or the "Advisor") provides administrative services to the Portfolio, including supervision of services provided by others, providing information to the shareholders and to the Board of Directors/Trustees, and other administrative services. The Advisor provides investment advisory services to the Series. For the period December 1, 2007 to October 31, 2008, the Portfolio's administrative services fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.01% of average daily net assets.

Fees Paid to Officers and Directors/Trustees:

D. Federal Income Taxes:

The Portfolio has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to shareholders. Accordingly, no provision has been made for federal income taxes.

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of October 31, 2008, primarily attributable to the utilization of accumulated earnings and profits distributed to shareholders on redemptions of shares as part of the dividends paid deduction for income tax

purposes were reclassified to the following accounts. These reclassifications had no effect on net assets or net asset value per share. (amounts in thousands):

Increase (Decrease) Paid-In Capital				Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains/(Losses)
$	912			$	(909	)		$	(3	)

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
2006	$	24,206	$	1,558	$	25,764
2007		26,436		38,031		64,467
2008		29,705		77,601		107,306

At October 31, 2008, the following net investment income and short-term capital gain and long-term capital gain distributions designated for federal income tax purposes are due to the utilization of accumulated earnings and profits distributed to shareholders upon redemption of shares (amounts in thousands):

Net Investment Income and Short-Term Capital Gains				Long-Term Capital Gains				Total
$	912				—			$	912

At October 31, 2008, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

Undistributed Net Investment Income and Short-Term Capital Gains				Undistributed Long-Term Capital Gains				Total Net Distributable Earnings/ (Accumulated Losses)
$	6,453				—			$	6,453

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2008, the Portfolio had no capital loss carryforwards available to offset future realized capital gains.

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	1,554,657				—			$	(327,232	)		$	(327,232	)

E. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 30, 2003 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 23, 2009. There were no borrowings by the Portfolio under this line of credit during the period ended Oc tober 31, 2008.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement of the line of credit expires on January 15, 2009. There were no borrowings by the Portfolio under this line of credit during the period ended October 31, 2008.

F. Indemnitees; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund.

G. Recently Issued Accounting Standards and Interpretation:

H. Other:

At October 31, 2008, two shareholders held approximately 81% of the outstanding shares of the Portfolio. One or more of the shareholders is an omnibus account, which typically hold shares for the benefit of several other underlying investors.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders of U.S. Large Cap Value Portfolio III and
Board of Directors of Dimensional Investment Group Inc.:

In our opinion, the accompanying statement of assets and liabilities, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of U.S. Large Cap Value Portfolio III (one of the portfolios constituting Dimensional Investment Group Inc., hereafter referred to as the "Portfolio") at October 31, 2008, the results of its operations, the changes in its net assets and the financial highlights for each of the periods indicated, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Portfolio's management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the sta ndards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at October 31, 2008 by correspondence with the transfer agent of the investee fund, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania
December 22, 2008

THE DFA INVESTMENT TRUST COMPANY
PERFORMANCE CHART

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE CAP VALUE SERIES

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended October 31, 2008

EXPENSE TABLE

	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	648.60		0.11	%	$	0.46
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.58		0.11	%	$	0.56

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE CAP VALUE SERIES

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

Consumer Discretionary				Consumer Staples				Energy				Financials				Health Care				Industrials				Information Technology				Materials				Telecommunication Services				Utilities				Total
	12.6	%			5.5	%			15.1	%			30.8	%			1.8	%			17.4	%			4.6	%			3.4	%			8.7	%			0.1	%			100.0	%

THE U.S. LARGE CAP VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (88.7%)
Consumer Discretionary — (11.6%)
CBS Corp. Class B		5,590,306	$	54,281,871		0.8	%
Comcast Corp. Class A		12,216,542		192,532,702		2.9	%
# Comcast Corp. Special Class A Non-Voting		3,110,315		47,961,057		0.7	%
* Liberty Media Corp. - Entertainment Class A		3,864,672		62,221,219		0.9	%
# Time Warner, Inc.		18,369,180		185,345,026		2.7	%
# Tyco Electronics, Ltd.		1,537,111		29,881,438		0.4	%
Other Securities				292,496,695		4.4	%
Total Consumer Discretionary				864,720,008		12.8	%
Consumer Staples — (4.9%)
Archer-Daniels-Midland Co.		1,219,060		25,271,114		0.4	%
# Coca-Cola Enterprises, Inc.		3,519,272		35,368,684		0.5	%
Kraft Foods, Inc.		5,533,321		161,240,974		2.4	%
Molson Coors Brewing Co.		755,890		28,240,050		0.4	%
Other Securities				116,481,392		1.7	%
Total Consumer Staples				366,602,214		5.4	%
Energy — (13.4%)
# Anadarko Petroleum Corp.		3,422,156		120,802,107		1.8	%
# Apache Corp.		2,051,191		168,874,555		2.5	%
# Chesapeake Energy Corp.		2,496,221		54,841,975		0.8	%
# ConocoPhillips		4,659,773		242,401,391		3.6	%
# Devon Energy Corp.		1,962,942		158,723,490		2.4	%
Marathon Oil Corp.		2,640,550		76,840,005		1.1	%
Other Securities				177,364,431		2.6	%
Total Energy				999,847,954		14.8	%
Financials — (27.3%)
Allstate Corp.		2,540,615		67,046,830		1.0	%
# Bank of America Corp.		7,236,574		174,907,994		2.6	%
# Capital One Financial Corp.		1,668,884		65,286,742		1.0	%
# Chubb Corp.		1,620,173		83,957,365		1.2	%
# Cincinnati Financial Corp.		1,305,789		33,937,456		0.5	%
CNA Financial Corp.		1,896,282		29,506,148		0.4	%
JPMorgan Chase & Co.		7,213,911		297,573,829		4.4	%
Loews Corp.		3,808,002		126,463,746		1.9	%
# M&T Bank Corp.		440,052		35,688,217		0.5	%
# Merrill Lynch & Co., Inc.		1,408,640		26,186,618		0.4	%
# MetLife, Inc.		5,000,810		166,126,908		2.5	%
# Morgan Stanley		2,999,997		52,409,948		0.8	%
# New York Community Bancorp, Inc.		2,223,800		34,824,708		0.5	%
# Prudential Financial, Inc.		1,829,600		54,888,000		0.8	%
# SunTrust Banks, Inc.		945,360		37,946,750		0.6	%
The Travelers Companies, Inc.		5,075,909		215,979,928		3.2	%
Unum Group		2,404,389		37,869,127		0.6	%
Other Securities				492,099,070		7.3	%
Total Financials				2,032,699,384		30.2	%
Health Care — (1.6%)
*# WellPoint, Inc.		1,694,537		65,866,653		1.0	%
Other Securities				52,007,419		0.8	%
Total Health Care				117,874,072		1.8	%

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Industrials — (15.4%)
*# Allied Waste Industries, Inc.		2,682,276	$	27,949,316		0.4	%
# Burlington Northern Santa Fe Corp.		2,178,273		193,996,993		2.9	%
# CSX Corp.		3,309,804		151,324,239		2.2	%
FedEx Corp.		432,063		28,243,958		0.4	%
# Norfolk Southern Corp.		3,154,102		189,056,874		2.8	%
# Northrop Grumman Corp.		2,590,384		121,463,106		1.8	%
# Southwest Airlines Co.		5,076,220		59,797,872		0.9	%
Union Pacific Corp.		4,066,600		271,526,882		4.0	%
Other Securities				105,722,697		1.7	%
Total Industrials				1,149,081,937		17.1	%
Information Technology — (3.7%)
*# Computer Sciences Corp.		1,361,543		41,064,137		0.6	%
*# Symantec Corp.		2,636,076		33,161,836		0.5	%
Xerox Corp.		3,605,491		28,916,038		0.4	%
Other Securities				170,627,649		2.6	%
Total Information Technology				273,769,660		4.1	%
Materials — (3.0%)
# Dow Chemical Co.		2,427,760		64,748,359		1.0	%
# International Paper Co.		1,643,445		28,300,123		0.4	%
# Weyerhaeuser Co.		1,415,829		54,112,984		0.8	%
Other Securities				78,273,714		1.1	%
Total Materials				225,435,180		3.3	%
Telecommunication Services — (7.7%)
# AT&T, Inc.		9,749,000		260,980,730		3.9	%
# Verizon Communications, Inc.		8,542,208		253,447,311		3.7	%
Other Securities				58,656,568		0.9	%
Total Telecommunication Services				573,084,609		8.5	%
Utilities — (0.1%)
Total Utilities				4,787,743		0.1	%
TOTAL COMMON STOCKS				6,607,902,761		98.1	%
	Face Amount
	(000)
TEMPORARY CASH INVESTMENTS — (1.9%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $130,825,000 FNMA 5.50%, 05/01/37 & 6.00%, 05/01/38, valued at $146,641,902) to be repurchased at $144,481,317	$	144,470		144,470,000		2.1	%

THE U.S. LARGE CAP VALUE SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
SECURITIES LENDING COLLATERAL — (9.4%)
§@ DFA Short Term Investment Fund LP		641,002,721	$	641,002,721		9.5	%
@ PNC Demand Deposit Account 0.22%		10,000,000		10,000,000		0.2	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securitites 0.24%, 11/03/08 (Collateralized by $65,652,304 FNMA, rates ranging from 5.500% to 7.000%, maturities ranging from 07/01/33 to 09/01/38 & U.S. Treasury STRIP 0.599%(y), 02/15/09, valued at $49,188,211) to be repurchased at $48,070,107	$	48,069		48,069,158		0.7	%
TOTAL SECURITIES LENDING COLLATERAL				699,071,879		10.4	%
TOTAL INVESTMENTS — (100.0%) (Cost $9,331,596,076)			$	7,451,444,640		110.6	%

See accompanying Notes to Financial Statements.

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE CAP VALUE SERIES

STATEMENT OF ASSETS AND LIABILITIES

OCTOBER 31, 2008

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investments at Value (including $690,374 of securities on loan)	$	6,607,903
Temporary Cash Investments at Value & Cost		144,470
Collateral Received from Securities on Loan at Value & Cost		699,072
Receivables:
Investment Securities Sold		10,617
Dividends and Interest		12,718
Securities Lending Income		1,430
Fund Shares Sold		4,995
Fund Margin Variation		29
Prepaid Expenses and Other Assets		7
Total Assets		7,481,241
LIABILITIES:
Payables:
Upon Return of Securities Loaned		699,072
Investment Securities Purchased		41,685
Fund Shares Redeemed		136
Due to Advisor		570
Accrued Expenses and Other Liabilities		415
Total Liabilities		741,878
NET ASSETS	$	6,739,363
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		497,037,187
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	13.56
Investments at Cost	$	8,488,055
NET ASSETS CONSIST OF:
Paid-In Capital	$	9,162,464
Undistributed Net Income (Distributions in Excess of Net Investment Income)		(68	)
Accumulated Net Realized Gain (Loss)		(542,910	)
Net Unrealized Appreciation (Depreciation)		(1,880,123	)
NET ASSETS	$	6,739,363
(1) NUMBER OF SHARES AUTHORIZED		Unlimited

See accompanying Notes to Financial Statements.
22

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE CAP VALUE SERIES

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Dividends	$	166,659		$	152,304
Interest		1,529			4,285
Income from Securities Lending		7,486			2,119
Total Investment Income		175,674			158,708
Expenses
Investment Advisory Services Fees		8,436			10,188
Accounting & Transfer Agent Fees		847			1,011
Custodian Fees		90			108
Shareholders' Reports		82			103
Directors'/Trustees' Fees & Expenses		—			94
Professional Fees		166			157
Other		37			56
Total Expenses		9,658			11,717
Net Investment Income (Loss)		166,016			146,991
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		(422,637	)		(118,412	)
Futures		(1,861	)		—
In-Kind Redemptions		52,271	*		—
Change in Unrealized Appreciation (Depreciation) of: Investment Securities		(3,601,292	)		(150,559	)
Futures		29			—
Net Realized and Unrealized Gain (Loss)		(3,973,490	)		(268,971	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(3,807,474	)	$	(121,980	)

* See Note J in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
23

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE CAP VALUE SERIES

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	166,016		$	146,991		$	119,373
Net Realized Gain (Loss) on:
Investment Securities Sold		(422,637	)		(118,412	)		477,934
Futures		(1,861	)		—			—
In-Kind Redemptions		52,271	*		—			—
Change in Unrealized Appreciation (Depreciation) of: Investment Securities		(3,601,292	)		(150,559	)		631,814
Futures		29			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		(3,807,474	)		(121,980	)		1,229,121
Distributions From:
Net Investment Income		(168,022	)		(146,268	)		(127,544	)
Net Short-Term Gains		—			(14,058	)		(14,160	)
Net Long-Term Gains		—			(463,917	)		(186,026	)
Total Distributions		(168,022	)		(624,243	)		(327,730	)
Capital Share Transactions (1):
Shares Issued		1,370,762			1,783,358			1,997,675
Shares Issued in Lieu of Cash Distributions		165,455			600,794			317,835
Shares Redeemed		(980,680	)*		(344,913	)		(182,182	)
Net Increase (Decrease) from Capital Share Transactions		555,537			2,039,239			2,133,328
Total Increase (Decrease) in Net Assets		(3,419,959	)		1,293,016			3,034,719
Net Assets
Beginning of Period		10,159,322			8,866,306			5,831,587
End of Period	$	6,739,363		$	10,159,322		$	8,866,306
(1) Shares Issued and Redeemed:
Shares Issued		74,071			75,958			92,566
Shares Issued in Lieu of Cash Distributions		9,754			26,704			15,344
Shares Redeemed		(52,609	)		(15,046	)		(8,564	)
		31,216			87,616			99,346
Undistributed Net Income (Distributions in Excess of Net Investment Income)	$	(68	)	$	1,938		$	1,485

* See Note J in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
24

THE DFA INVESTMENT TRUST COMPANY

THE U.S. LARGE CAP VALUE SERIES

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	21.81		$	23.44		$	20.91		$	18.55		$	15.41		$	13.01
Income from Investment Operations
Net Investment Income (Loss)		0.35	(A)		0.34	(A)		0.36	(A)		0.29			0.23			0.21
Net Gains (Losses) on Securities (Realized and Unrealized)		(8.25	)		(0.38	)		3.27			2.41			3.09			2.41
Total from Investment Operations		(7.90	)		(0.04	)		3.63			2.70			3.32			2.62
Less Distributions
Net Investment Income		(0.35	)		(0.33	)		(0.38	)		(0.32	)		(0.18	)		(0.22	)
Net Realized Gains		—			(1.26	)		(0.72	)		(0.02	)		—			—
Total Distributions		(0.35	)		(1.59	)		(1.10	)		(0.34	)		(0.18	)		(0.22	)
Net Asset Value, End of Period	$	13.56		$	21.81		$	23.44		$	20.91		$	18.55		$	15.41
Total Return		(36.53	)%(C)		(0.32	)%		18.16	%		14.66	%		21.68	%		20.34	%
Net Assets, End of Period (thousands)	$	6,739,363		$	10,159,322		$	8,866,306		$	5,831,587		$	3,919,913		$	2,510,662
Ratio of Expenses to Average Net Assets		0.11	%(B)		0.11	%		0.12	%		0.14	%		0.15	%		0.15	%
Ratio of Net Investment Income to Average Net Assets		1.97	%(B)		1.44	%		1.68	%		1.56	%		1.41	%		1.62	%
Portfolio Turnover Rate		19	%(C)		9	%		13	%		9	%		7	%		7	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
25

  THE DFA INVESTMENT TRUST COMPANY
  THE U.S. LARGE CAP VALUE SERIES
  NOTES TO FINANCIAL STATEMENTS

A. Organization:

The DFA Investment Trust Company (the "Trust") is an open-end management investment company registered under the Investment Company Act of 1940. The Trust consists of eighteen series, of which The U.S. Large Cap Value Series (the "Series") is presented in this report.

At a regular meeting of the Board of Directors/Trustees (the "Board") on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Series from November 30 to October 31.

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America. Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates and those differences could be material.

Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Series' own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Series' net assets as of October 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)								Other Financial Instruments (Unrealized Appreciation/ Depreciation)*
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
The U.S. Large Cap Value Series	$	6,607,903	$	843,542		—	$	7,451,445	$	29		—		—	$	29

2. Deferred Compensation Plan: Each eligible Trustee of the Trust may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Trustees may defer payment of all or a portion of their total fees earned as a Trustee. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized app reciation (depreciation) and income, are included in Other Expenses on October 31, 2008 and are included in Directors'/Trustees' Fees & Expenses on November 30, 2007. At October 31, 2008, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities in the amount of $134 (in thousands).

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. The Series estimates the character of distributions received that may be considered return of capital distributions or capital gain distributions. Interest income is recorded on an accrual basis. Discount and premium on securities purchased are amortized over the lives of the respective securities, utilizing the effective i nterest method. Expenses directly attributable to a Series are directly charged. Common expenses of the Trust are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Trust; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Trust. For the period December 1, 2007 to October 31, 2008, the total related amounts paid by the Trust to the CCO were $134 (in thousands). The total related amounts paid by the Series are included in Other Expenses on the Statement of Operations.

D. Purchases and Sales of Securities:

Purchases				$	2,227,129
Sales					1,690,939

There were no purchases or sales of long-term U.S. government securities.

E. Federal Income Taxes:

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of October 31, 2008, primarily attributable to In-Kind redemptions were classified to the following accounts. These reclassifications had no effect on net assets or net asset value per share (amounts in thousands):

Increase (Decrease) Paid-in Capital				Increase (Decrease) Accumulated Net Realized Gains/(Losses)
$	52,271			$	(52,271	)

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
2006	$	141,704	$	186,026	$	327,730
2007		160,367		463,876		624,243
2008		168,022		—		168,022

At October 31, 2008, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

Undistributed Net Investment Income and Short-Term Capital Gains				Capital Loss Carryforward				Total Net Distributable Earnings/ (Accumulated (Losses)
$	66			$	(542,039	)		$	(541,973	)

For federal income tax purposes, the Trust measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2008, the Series had a capital loss carryforward available to offset future realized capital gains through the indicated expiration date (amount in thousands).

Expires on October 31,
2015		2016		Total
$	118,411	$	423,628	$	542,039

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	9,332,438			$	582,282			$	(2,463,275	)		$	(1,880,993	)

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes." This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Series' tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2005 through the period ended October 31, 2008), for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Series' financial statements.

F. Financial Instruments:

G. Line of Credit:

The Trust, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 30, 2003 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 23, 2009.

For the period ended October 31, 2008, borrowings by the Series under this line of credit were as follows (amounts in thousands, except percentages and days):

Weighted Average Interest Rate				Weighted Average Loan Balance				Number of Days Outstanding				Interest Expense Incurred				Maximum Amount Borrowed During the Period
	4.03	%		$	5,774				4			$	3			$	5,880

There were no outstanding borrowings by the Series under this line of credit at October 31, 2008.

The Trust, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2009. There were no borrowings by the Series under this line of credit during the period ended October 31, 2008.

H. Securities Lending:

Subject to the Series' investment policy, the cash collateral received by the Series from securities on loan is invested in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies or shares of the DFA Short Term Investment Fund LP. Agencies include both agency debentures and agency mortgage backed securities. In addition, the Series will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or

other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible to be taxed at qualified dividend income rates.

I. Indemnitees; Contractual Obligations:

Under the Trust's organizational documents, its officers and trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust.

J. In-Kind Redemptions:

K. Recently Issued Accounting Standards and Interpretation:

In March 2008, Statement of Financial Accounting Standards No. 161, Disclosures about Derivative Instruments and Hedging Activities ("FAS 161"), was issued and is effective for fiscal years beginning after November 15, 2008. FAS 161 defines new disclosures of derivative instruments and hedging activities. Management is currently evaluating the implications of FAS 161. At this time, its impact on the Series' financial statements has not been determined.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders of The U.S. Large Cap Value Series and
Board of Trustees of The DFA Investment Trust Company:

In our opinion, the accompanying statements of assets and liabilities, including the summary schedules of portfolio holdings, and the related statements of operations and of changes in net assets and the financial highlights presents fairly, in all material respects, the financial position of The U.S. Large Cap Value Series (one of the portfolios constituting The DFA Investment Trust Company, hereafter referred to as the "Series") at October 31, 2008, the results of its operations, the changes in its net assets and the financial highlights for each of the periods indicated, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Series' management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these f inancial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at October 31, 2008 by correspondence with the custodian and broker, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania
December 22, 2008

FUND MANAGEMENT

Trustees/Directors

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

Disinterested Trustees/Directors

George M. Constantinides
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue Chicago, IL 60637
Age: 61

DFAITC - since 1993
DFAIDG - since 1983
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Leo Melamed Professor of Finance, The University of Chicago Booth School of Business.

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

John P. Gould
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue
Chicago, IL 60637
Age: 69

DFAITC - since 1993
DFAIDG - since 1986
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Roger G. Ibbotson
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Yale School of Management
P.O. Box 208200
New Haven, CT 06520-8200
Age: 65

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Robert C. Merton
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Harvard Business School
353 Baker Library
Soldiers Field
Boston, MA 02163
Age: 64

DFAITC - since 2003
DFAIDG - since 2003
DIG - since 2003
DEM - since 2003

96 portfolios in 4 investment companies

Myron S. Scholes
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Platinum Grove Asset Management, L.P.
Reckson Executive Park
1100 King Street
Building 4
Rye Brook, NY 10573
Age: 67

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Abbie J. Smith
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue
Chicago, IL 60637
Age: 55

DFAITC - since 2000
DFAIDG - since 2000
DIG - since 2000
DEM - since 2000

96 portfolios in 4 investment companies

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

Interested Trustees/Directors*

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1992
DEM - since 1993

96 portfolios in 4 investment companies

Rex A. Sinquefield
The Show Me Institute
7777 Bonhomme Ave.,
Suite 2150 St. Louis, MO 63105
Age: 64

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1992
DEM - since 1993

96 portfolios in 4 investment companies

¹ Each Trustee/Director holds office for an indefinite term until his or her successor is elected and qualified.

² Each Trustee/Director is a director or trustee of each of the four registered investment companies within the DFA Fund Complex, which includes the Funds.

Officers

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
		Officers

April A. Aandal Vice President Age: 35	Since 2008	Vice President of all the DFA Entities.

Darryl D. Avery Vice President Age: 42	Since 2005	Vice President of all the DFA Entities. From June 2002 to January 2005, institutional client service representative of Dimensional.

Arthur H. Barlow Vice President Age: 52	Since 1993	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Scott A. Bosworth Vice President Age: 39	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since November 1997).

Valerie A. Brown Vice President and Assistant Secretary Age: 41	Since 2001	Vice President and Assistant Secretary of all the DFA Entities, DFA Australia Limited, Dimensional Fund Advisors Ltd., and since June 2003, Dimensional Fund Advisors Canada Inc.

David P. Butler Vice President Age: 44	Since 2007	Vice President of all the DFA Entities. Director of US Financial Services of Dimensional (since January 2005). Formerly, Regional Director of Dimensional Fund Advisors LP (January 1995 to January 2005).

Patrick Carter Vice President Age: 46	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since March 2006). Formerly, Director of Merrill Lynch Retirement Group (December 1998 to March 2006).

Stephen A. Clark Vice President Age: 36	Since 2004	Vice President of all the DFA Entities, April 2001 to April 2004, Portfolio Manager of Dimensional.

Robert P. Cornell Vice President Age: 59	Since 2007	Vice President of all the DFA Entities. Regional Director of Financial Services Group of Dimensional (since August 1993).

Christopher S. Crossan Vice President and Chief Compliance Officer Age: 42	Since 2004	Vice President and Chief Compliance Officer of all the DFA Entities. Formerly, Senior Compliance Officer, INVESCO Institutional, Inc. and its affiliates (August 2000 to January 2004).

James L. Davis Vice President Age: 51	Since 1999	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Robert T. Deere Vice President Age: 51	Since 1994	Vice President of all the DFA Entities and DFA Australia Limited.

Robert W. Dintzner Vice President Age: 38	Since 2001	Vice President of all the DFA Entities. Prior to April 2001, marketing supervisor and marketing coordinator for Dimensional.

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Kenneth Elmgren Vice President Age: 54	Since 2007	Vice President of all the DFA Entities. Formerly, Managing Principal of Beverly Capital (May 2004 to September 2006); Principal of Wydown Capital (September 2001 to May 2004).

Richard A. Eustice Vice President and Assistant Secretary Age: 43	Since 1998	Vice President and Assistant Secretary of all the DFA Entities and DFA Australia Limited. Formerly, Vice President of Dimensional Fund Advisors Ltd.

Eugene F. Fama, Jr. Vice President Age: 47	Since 1993	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Gretchen A. Flicker Vice President Age: 37	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, institutional client service representative of Dimensional.

Jed S. Fogdall Vice President Age: 34	Since 2008	Vice President of all the DFA Entities. Portfolio Manager for Dimensional (since September 2004). Prior to September 2004, Staff Engineer at the Boeing Company (1997-2004); Graduate Student at the University of California, Los Angeles (2002-2003).

Glenn S. Freed Vice President Age: 46	Since 2001	Vice President of all the DFA Entities.

Mark R. Gochnour Vice President Age: 41	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional.

Henry F. Gray Vice President Age: 41	Since 2000	Vice President of all the DFA Entities. Prior to July 2000, Portfolio Manager of Dimensional. Formerly, Vice President of DFA Australia Limited.

John T. Gray Vice President Age: 34	Since 2007	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (January 2005 to February 2007).

Darla Hastings Vice President Age: 53	Since 2007	Vice President of all the DFA Entities. Chief Marketing Officer of Dimensional. Formerly, Senior Vice President, Customer Experience for Benchmark Assisted Living (May 2005 to April 2006); Executive Vice President and Chief Marketing Officer of State Street Corporation (September 2001 to October 2005).

Joel H. Hefner Vice President Age: 40	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since June 1998).

Julie Henderson Vice President and Fund Controller Age: 34	Since 2005	Vice President and Fund Controller of all the DFA Entities. Formerly, Senior Manager at PricewaterhouseCoopers LLP (July 1996 to April 2005).

Kevin Hight Vice President Age: 40	Since 2005	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (since March 2003 to March 2005).

Christine W. Ho Vice President Age: 40	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Assistant Controller of Dimensional.

Jeff J. Jeon Vice President Age: 34	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Counsel of Dimensional.

Patrick M. Keating Vice President Age: 53	Since 2003	Vice President of all the DFA Entities and Chief Operating Officer of Dimensional. Director, Vice President and Chief Privacy Officer of Dimensional Fund Advisors Canada Inc. Director of DFA Australia Limited.

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Joseph F. Kolerich Vice President Age: 36	Since 2004	Vice President of all the DFA Entities. From April 2001 to April 2004, Portfolio Manager for Dimensional.

Michael F. Lane Vice President Age: 41	Since 2004	Vice President of all the DFA Entities. Formerly, Vice President of Advisor Services at TIAA-CREF (July 2001 to September 2004).

Kristina M. LaRusso Vice President Age: 33	Since 2006	Vice President of all DFA Entities. Formerly, Operations Supervisor of Dimensional (March 2003 to December 2006).

Inmoo Lee Vice President Age: 42	Since 2007	Vice President of all the DFA Entities. Associate Professor Department of Finance and Accounting, Business School, National University of Singapore (July 2004 to present); Associate Professor, College of Business Administration, Korea University (September 2001 to May 2006).

Juliet Lee Vice President Age: 37	Since 2005	Vice President of all the DFA Entities. Human Resources Manager of Dimensional (since January 2004). Formerly, Assistant Vice President for Metropolitan West Asset Management LLC (February 2001 to December 2003).

Aaron M. Marcus Vice President & Head of Global Human Resources Age: 38	Since 2008	Vice President and Head of Global Human Resources of Dimensional. Formerly, Global Head of Recruiting and Vice President of Goldman Sachs & Co. (June 2006 to January 2008); Global Co-Head of HR of the Equities & FICC Division, and Vice President of Goldman Sachs & Co. (May 2005 to May 2006); Head of Americas Campus Recruiting and Vice President of Goldman Sachs & Co. (April 2003 to May 2005).

David R. Martin Vice President, Chief Financial Officer and Treasurer Age: 51	Since 2007	Vice President, Chief Financial Officer and Treasurer of all the DFA Entities. Director, Vice President, Chief Financial Officer and Treasurer of Dimensional Fund Advisors Ltd. and DFA Australia Limited. Chief Financial Officer, Treasurer, and Vice President of Dimensional Fund Advisors Canada Inc. Director of Dimensional Funds PLC and Dimensional Funds II PLC. Formerly, Executive Vice President and Chief Financial Officer of Janus Capital Group Inc. (June 2005 to March 2007); Senior Vice President of Finance at Charles Schwab & Co., Inc. (March 1999 to May 2005).

Catherine L. Newell Vice President and Secretary Age: 44	Vice President since 1997 and Secretary since 2000	Vice President and Secretary of all the DFA Entities. Director, Vice President and Assistant Secretary of DFA Australia Limited (since February 2002, April 1997 and May 2002, respectively). Vice President and Secretary of Dimensional Fund Advisors Canada Inc. (since June 2003). Director, Dimensional Funds PLC and Dimensional Funds II PLC (since January 2002). Formerly, Assistant Secretary of all DFA Entities and Dimensional Fund Advisors Ltd.

Gerard K. O'Reilly Vice President Age: 31	Since 2007	Vice President of all the DFA Entities. Formerly, Research Associate of Dimensional Fund Advisors LP (2004 to 2006); Research Assistant in PhD program, Aeronautics Department California Institute of Technology (1998 to 2004).

Carmen Palafox Vice President Age: 34	Since 2006	Vice President of all the DFA Entities. Operations Manager of Dimensional Fund Advisors LP (since May 1996).

Sonya Park Vice President Age: 36	Since 2005	Vice President of all the DFA Entities. From February 2002 to January 2005, institutional client service representative of Dimensional.

David A. Plecha Vice President Age: 47	Since 1993	Vice President of all the DFA Entities, DFA Australia Limited and Dimensional Fund Advisors Ltd..

Ted Randall Vice President Age: 35	Since 2008	Vice President of all the DFA Entities. Formerly, Research Associate of Dimensional (2006-2008). Systems Developer of Dimensional (2001-2006).

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Eduardo A. Repetto Vice President and Chief Investment Officer Age: 41	Since 2002	Chief Investment Officer (beginning March 2007) and Vice President of all the DFA Entities, DFA Australia Limited and Dimensional Fund Advisors Canada Inc. Formerly, Research Associate for Dimensional (June 2000 to April 2002).

L. Jacobo Rodriguez Vice President Age: 37	Since 2005	Vice President of all the DFA Entities. From August 2004 to July 2005, institutional client service representative of Dimensional. Formerly, Financial Services Analyst, Cato Institute (September 2001 to June 2004); Book Review Editor, Cato Journal, Cato Institute (May 1996 to June 2004).

David E. Schneider Vice President Age: 62	Since 2001	Vice President of all the DFA Entities. Currently, Director of Institutional Services.

Ted R. Simpson Vice President Age: 40	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since December 2002).

Bryce D. Skaff Vice President Age: 33	Since 2007	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (December 1999 to January 2007).

Grady M. Smith Vice President Age: 51	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Portfolio Manager of Dimensional.

Carl G. Snyder Vice President Age: 45	Since 2000	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited.

Lawrence R. Spieth Vice President Age: 60	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Regional Director of Dimensional.

Bradley G. Steiman Vice President Age: 35	Since 2004	Vice President of all the DFA Entities and Director and Vice President of Dimensional Fund Advisors Canada Inc.

Karen E. Umland Vice President Age: 42	Since 1997	Vice President of all the DFA Entities, DFA Australia Limited, Dimensional Fund Advisors Ltd., and since June 2003, Dimensional Fund Advisors Canada Inc.

Carol W. Wardlaw Vice President Age: 49	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Regional Director of Dimensional.

Weston J. Wellington Vice President Age: 57	Since 1997	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited.

Daniel M. Wheeler Vice President Age: 63	Since 2001	Vice President of all the DFA Entities. Prior to 2001 and currently, Director of Financial Advisors Services of Dimensional. Director of Dimensional Fund Advisors Ltd. (since October 2003) and President of Dimensional Fund Advisors Canada Inc. (since June 2003).

Ryan Wiley Vice President Age: 32	Since 2007	Vice President of all the DFA Entities. Senior Trader of Dimensional. Formerly, Portfolio Manager (2006 to 2007); Trader (2001 to 2006).

Paul E. Wise Vice President Age: 53	Since 2005	Vice President of all the DFA Entities. Chief Technology Officer for Dimensional (since 2004). Formerly, Principal of Turnbuckle Management Group (January 2002 to August 2004).

¹ Each officer holds office for an indefinite term at the pleasure of the Boards of Trustee/Directors and until his or her successor is elected and qualified.

VOTING PROXIES ON FUND PORTFOLIO SECURITIES

NOTICE TO SHAREHOLDERS
(Unaudited)

For shareholders that do not have an October 31, 2008 tax year end, this notice is for informational purposes only. For shareholders with an October 31, 2008 tax year end, please consult your tax advisor as to the pertinence of this notice. For the period December 1, 2007 to October 31, 2008, each Fund is designating the following items with regard to distributions paid during the period.

Dimensional Investment Group Inc.	Net Investment Income Distributions			Short-Term Capital Gain Distributions			Long-Term Capital Gain Distributions			Total Distributions			Qualifying For Corporate Dividends Received Deduction(1)			Qualifying Dividend Income(2)			Qualifying Interest Income(3)			Qualifying Short-Term Capital Gain(4)
U.S. Large Cap Value Portfolio III		27	%		1	%		72	%		100	%		85	%		83	%		2	%		2	%
The DFA Investment Trust Company
The U.S. Large Cap Value Series		100	%		—			—			100	%		85	%		84	%		1	%		—

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DFA103108-010A

DIMENSIONAL INVESTMENT GROUP INC.

Emerging Markets Portfolio II

Annual Report

Period Ended October 31, 2008

Dimensional Fund Advisors
6300 Bee Cave Road, Building One
Austin, TX 78746

December 2008

Dear Fellow Shareholder,

All of us at Dimensional take our job as the steward of your assets very seriously and hope to have the opportunity to serve you for many years to come.

Sincerely,

David G. Booth
Chairman and Chief Executive Officer

[THIS PAGE INTENTIONALLY LEFT BLANK]

ANNUAL REPORT

Table of Contents

Letter to Shareholders	Page
Definitions of Abbreviations and Footnotes		1

Dimensional Investment Group Inc. — Emerging Markets Portfolio II

Performance Chart		2

Management's Discussion and Analysis		3

Disclosure of Fund Expenses		5

Disclosure of Portfolio Holdings		6

Statement of Assets and Liabilities		7

Statements of Operations		8

Statements of Changes in Net Assets		9

Financial Highlights		10

Notes to Financial Statements		11

Report of Independent Registered Public Accounting Firm		15

The DFA Investment Trust Company — The Emerging Markets Series

Performance Chart		16

Disclosure of Fund Expenses		17

Disclosure of Portfolio Holdings		18

Summary Schedule of Portfolio Holdings		19

Statement of Assets and Liabilities		22

Statements of Operations		23

Statements of Changes in Net Assets		24

Financial Highlights		25

Notes to Financial Statements		26

Report of Independent Registered Public Accounting Firm		32

Fund Management		33

Voting Proxies on Fund Portfolio Securities		40

Notice to Shareholders		41

This report is submitted for the information of the Fund's shareholders. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.

[THIS PAGE INTENTIONALLY LEFT BLANK]

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Statement of Assets and Liabilities/Summary Schedule of Portfolio Holdings

Investment Abbreviations

ADR American Depositary Receipt

FHLMC Federal Home Loan Mortgage Corporation

FNMA Federal National Mortgage Association

Investment Footnotes

† See Note B to Financial Statements.

†† Securities have generally been fair valued. See Note B to Financial Statements.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

@ Security purchased with cash proceeds from Securities on Loan.

(r) The adjustable rate shown is effective as of October 31, 2008.

§ Affiliated Fund.

Financial Highlights

(A) Computed using average shares outstanding.

(B) Annualized

(D) Represents the combined ratios for the respective portfolio and its respective pro-rata share of its Master Fund Series.

All Statements and Schedules

— Amounts designated as — are either zero or rounded to zero.

SEC Securities and Exchange Commission

DIMENSIONAL INVESTMENT GROUP INC.
PERFORMANCE CHART

DIMENSIONAL INVESTMENT GROUP INC.
MANAGEMENT'S DISCUSSION AND ANALYSIS

International Equity Market Review 11 Months Ended October 31, 2008

Total Returns for 11 Months Ended October 31, 2008

Ten Largest Foreign Developed Markets by Market Cap (BB)	Local Currency Return			U.S. Dollar Return
Japan ($2,111)		–43.55	%		–36.33	%
United Kingdom ($1,758)		–29.61	%		–44.68	%
France ($872)		–36.80	%		–45.40	%
Canada ($786)		��25.69	%		–38.91	%
Germany ($705)		–37.97	%		–46.42	%
Switzerland ($704)		–30.05	%		–32.39	%
Australia ($513)		–35.10	%		–51.58	%
Spain ($331)		–40.19	%		–48.33	%
Italy ($301)		–43.34	%		–51.06	%
Netherlands ($206)		–41.65	%		–49.59	%

Small company stocks were the poorest-performing asset classes in international markets, while large company growth stocks had the best relative results.

Total Returns for 11 Months Ended October 31, 2008

	U.S. Dollar Return
MSCI World ex USA Small Cap Index		–50.30	%
MSCI World ex USA Value Index		–45.31	%
MSCI World ex USA Index		–44.37	%
MSCI World ex USA Growth Index		–43.47	%

Total Returns for 11 Months Ended October 31, 2008

Country	U.S. Dollar Return
Argentina		–55.00	%
Brazil		–51.21	%
Chile		–36.59	%
China		–59.33	%
Czech Republic		–40.25	%
Hungary		–58.65	%
India		–61.19	%
Indonesia		–59.87	%
Israel		–23.01	%
Malaysia		–40.52	%
Mexico		–44.05	%
Philippines		–49.76	%
Poland		–51.90	%
South Africa		–47.38	%
South Korea		–55.75	%
Taiwan		–43.57	%
Thailand		–51.81	%
Turkey		–59.24	%

Master-Feeder Structure

Emerging Markets Portfolio II

The Emerging Markets Portfolio II seeks to capture the returns of large company stocks in selected emerging markets by purchasing shares of a Master Fund investing in such stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to large company emerging markets stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Master Fund held approximately 520 stocks in 17 emerging countries, and the average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Master Fund's assets.

As a result of the Master Fund's diversified approach, performance was determined principally by broad structural trends in emerging country stock markets, rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, total returns were –52.88% for the MSCI Emerging Markets Index (gross dividends), –53.02% for the MSCI Emerging Markets Index (net dividends), and –48.27% for the Portfolio. The Index net of foreign withholding taxes on dividends does not have ten years of performance. The Portfolio intends to include the Index gross of foreign withholding taxes on dividends for performance comparison purposes until the net-dividends Index has at least ten years of data to report.

Relative to the MSCI Emerging Markets Index (net dividends), the better performance of the Portfolio was primarily due to the Master Fund's lower allocation to China and Russia, which underperformed the overall Index; and a greater allocation to Mexico and Israel, which outperformed the Index. On average, Chinese stocks represented approximately 7% of the Master Fund for the period under review compared to 15% in the Index. The Master Fund does not purchase Russian stocks, which represented approximately 10% of the Index. Israeli stocks represented approximately 4% of the Master Fund, compared to 2% of the Index; while Mexican stocks represented approximately 9% of the Master Fund, compared to 5% of the Index.

DIMENSIONAL INVESTMENT GROUP INC.

EMERGING MARKETS PORTFOLIO II

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended October 31, 2008

EXPENSE TABLE

	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	531.20		0.34	%	$	1.31
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.43		0.34	%	$	1.73

DIMENSIONAL INVESTMENT GROUP INC.

EMERGING MARKETS PORTFOLIO II

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

Affiliated Investment Company

100.0

DIMENSIONAL INVESTMENT GROUP INC.

EMERGING MARKETS PORTFOLIO II

STATEMENT OF ASSETS AND LIABILITIES

OCTOBER 31, 2008
(Amounts in thousands, except share and per share amounts)

ASSETS:
Investment in The Emerging Markets Series of The DFA Investment Trust Company (Affiliated Investment Company) at Value†	$	112,635
Receivable for Fund Shares Sold		333
Prepaid Expenses and Other Assets		8
Total Assets		112,976
LIABILITIES:
Payables:
Affiliated Investment Company		333
Due to Advisor		16
Accrued Expenses and Other Liabilities		35
Total Liabilities		384
NET ASSETS	$	112,592
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		7,388,537
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	15.24
Investment in Affiliated Investment Company at Cost	$	85,305
NET ASSETS CONSIST OF:
Paid-In Capital	$	166,338
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		5,645
Accumulated Net Realized Gain (Loss)		(86,808	)
Deferred Thailand Capital Gains Tax		97
Net Unrealized Foreign Exchange Gain (Loss)		(10	)
Net Unrealized Appreciation (Depreciation)		27,330
NET ASSETS	$	112,592
(1) NUMBER OF SHARES AUTHORIZED		200,000,000

See accompanying Notes to Financial Statements.
7

DIMENSIONAL INVESTMENT GROUP INC.

EMERGING MARKETS PORTFOLIO II

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Dividends (Net of Foreign Taxes Withheld of $731 and $260, respectively)	$	6,762		$	3,244
Interest		18			24
Income from Securities Lending		330			156
Expenses Allocated from Affiliated Investment Company		(410	)		(257	)
Total Investment Income		6,700			3,167
Expenses
Administrative Services Fees		335			236
Accounting & Transfer Agent Fees		15			14
Filing Fees		4			62
Shareholders' Reports		14			15
Directors'/Trustees' Fees & Expenses		—			2
Professional Fees		10			4
Other		4			2
Total Expenses		382			335
Fees Waived, Expenses Reimbursed, and/or Previously Waived Fees Recovered by Advisor (Note C)		—			(66	)
Net Expenses		382			269
Net Investment Income (Loss)		6,318			2,898
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		(86,714	)		3,885
Futures		(12	)		—
Foreign Currency Transactions		(214	)		5
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(45,036	)		47,846
Futures		2			—
Translation of Foreign Currency Denominated Amounts		(10	)		(1	)
Change in Deferred Thailand Capital Gains Tax		190			(57	)
Net Realized and Unrealized Gain (Loss)		(131,794	)		51,678
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(125,476	)	$	54,576

Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.
8

DIMENSIONAL INVESTMENT GROUP INC.

EMERGING MARKETS PORTFOLIO II

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	6,318		$	2,898		$	1,136
Net Realized Gain (Loss) on:
Investment Securities Sold		(86,714	)		3,885			526
Futures		(12	)		—			—
Foreign Currency Transactions		(214	)		5			(15	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(45,036	)		47,846			11,201
Futures		2			—			—
Translation of Foreign Currency Denominated Amounts		(10	)		(1	)		—
Change in Deferred Thailand Capital Gains Tax		190			(57	)		19
Net Increase (Decrease) in Net Assets Resulting from Operations		(125,476	)		54,576			12,867
Distributions From:
Net Investment Income		(3,152	)		(1,289	)		(975	)
Net Long-Term Gains		(2,284	)		—			—
Total Distributions		(5,436	)		(1,289	)		(975	)
Capital Share Transactions (1):
Shares Issued		30,359			240,044			22,833
Shares Issued in Lieu of Cash Distributions		5,436			1,289			975
Shares Redeemed		(102,918	)		(46,626	)		(7,007	)
Net Increase (Decrease) from Capital Share Transactions		(67,123	)		194,707			16,801
Total Increase (Decrease) in Net Assets		(198,035	)		247,994			28,693
Net Assets
Beginning of Period		310,627			62,633			33,940
End of Period	$	112,592		$	310,627		$	62,633
(1) Shares Issued and Redeemed:
Shares Issued		1,149			9,033			1,204
Shares Issued in Lieu of Cash Distributions		192			59			58
Shares Redeemed		(4,304	)		(1,655	)		(370	)
		(2,963	)		7,437			892
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	5,645		$	2,703		$	1,049

See accompanying Notes to Financial Statements.
9

DIMENSIONAL INVESTMENT GROUP INC.

EMERGING MARKETS PORTFOLIO II

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	30.01		$	21.50		$	16.79		$	13.03		$	9.78		$	7.11
Income from Investment Operations
Net Investment Income (Loss)		0.68	(A)		0.53	(A)		0.45	(A)		0.53	(A)		0.24			0.16
Net Gains (Losses) on Securities (Realized and Unrealized)		(14.92	)		8.42			4.74			3.47			3.18			2.63
Total from Investment Operations		(14.24	)		8.95			5.19			4.00			3.42			2.79
Less Distributions
Net Investment Income		(0.31	)		(0.44	)		(0.48	)		(0.24	)		(0.17	)		(0.12	)
Net Realized Gains		(0.22	)		—			—			—			—			—
Total Distributions		(0.53	)		(0.44	)		(0.48	)		(0.24	)		(0.17	)		(0.12	)
Net Asset Value, End of Period	$	15.24		$	30.01		$	21.50		$	16.79		$	13.03		$	9.78
Total Return		(48.27	)%(C)		42.40	%		31.67	%		31.22	%		35.39	%		39.88	%
Net Assets, End of Period (thousands)	$	112,592		$	310,627		$	62,633		$	33,940		$	22,778		$	13,272
Ratio of Expenses to Average Net Assets (D)		0.35	%(B)		0.39	%		0.35	%		0.41	%		0.53	%		0.58	%
Ratio of Expenses to Average Net Assets (Excluding Waivers and Assumption of Expenses and/or Recovery of Previously Waived Fees) (D)		0.35	%(B)		0.43	%		0.74	%		0.81	%		0.93	%		0.98	%
Ratio of Net Investment Income to Average Net Assets		2.82	%(B)		2.13	%		2.38	%		3.60	%		2.43	%		2.09	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
10

  DIMENSIONAL INVESTMENT GROUP INC.
  EMERGING MARKETS PORTFOLIO II
  NOTES TO FINANCIAL STATEMENTS

A. Organization:

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of fifteen portfolios, of which the Emerging Markets Portfolio II (the "Portfolio") is presented in this report.

The Portfolio primarily invests its assets in The Emerging Markets Series (the "Series"), a series of The DFA Investment Trust Company. At October 31, 2008, the Portfolio owned 7% of the Series. The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolio.

At a regular meeting of the Board of Directors/Trustees (the "Board") on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Portfolio from November 30 to October 31.

B. Significant Accounting Policies:

1. Security Valuation: The Portfolio's investment reflects its proportionate interest in the net assets of the Series.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value of investments)

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Emerging Markets Portfolio II	$	112,635		—		—	$	112,635

2. Deferred Compensation Plan: Each eligible Director of the Fund may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized a ppreciation (depreciation) and income, are included in Other Expenses for the period ended October 31, 2008 and are included in Directors'/Trustees' Fees & Expenses for the year ended November 30, 2007. At October 31, 2008, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities in the amount of $4 (in thousands).

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of affiliated investment companies are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. The Portfolio estimates the character of distributions received that may be considered return of capital distributions. Expenses directly attributable to the Portfolio are directly charged. Common expenses of the Fund are allocated using methods approved by the Board of Directors/Trustees, generally based on avera ge net assets.

The Emerging Markets Portfolio II recognizes its pro-rata share of net investment income and realized and unrealized gains (losses) of investment securities and foreign currency, on a daily basis, from the Series, which is treated as a partnership for federal income tax purposes.

C. Investment Advisor:

Dimensional Fund Advisors LP ("Dimensional" or the "Advisor") provides administrative services to the Portfolio, including supervision of services provided by others, providing information to the shareholders and to the Board of Directors/Trustees, and other administrative services. The Advisor provides investment advisory services to the Series. The Portfolio's administrative services fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.15% of average daily net assets.

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Fund; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Fund. For the period December 1, 2007 to October 31, 2008, the total related amounts paid by the Fund to the CCO were $25 (in thousands). The total related amount paid by the Portfolio is included in Other Expenses on the Statement of Operations.

D. Federal Income Taxes:

were classified to the following accounts. These reclassifications had no effect on net assets or net asset value per share (amounts in thousands):

Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains/(Losses)
$	(224	)		$	224

The tax character of dividends and distributions declared and paid during and the years ended November 30, 2006, November 30, 2007 and the period December 1, 2007 to October 31, 2008 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
2006	$	975		—	$	975
2007		1,289		—		1,289
2008		3,162	$	2,274		5,436

At October 31, 2008, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

Undistributed Net Investment Income and Short-Term Capital Gains				Undistributed Long-Term Capital Gains				Capital Loss Carryforward				Total Net Distributable Earnings/ (Accumulated Losses)
$	5,649				—			$	(86,922	)		$	(81,273	)

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. At October 31, 2008, the Portfolio had capital loss carryforwards of $86,922 (in thousands) available to offset future realized capital gains through October 31, 2016.

Some of the Master Fund's investments are in securities considered to be "passive foreign investment companies" for which any unrealized appreciation (depreciation) (mark to market) and/or realized gains are allocated to the Portfolio and are required to be included in distributable net investment income for tax purposes. At October 31, 2008, the Portfolio had no cumulative unrealized appreciation (depreciation) (mark to market) to be included in distributable net investment income for federal tax purposes. For the period December 1, 2007 to October 31, 2008, there were no realized gains on the sale of passive foreign investment companies to be reclassified from accumulated net realized gains to accumulated net investment income for federal tax purposes.

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	85,189			$	(31,733	)		$	59,179			$	27,446

E. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 30, 2003 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 23, 2009. There were no borrowings by the Portfolio under this line of credit during the period ended Oc tober 31, 2008.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement of the line of credit expires on January 15, 2009. There were no borrowings by the Portfolio under this line of credit during the period ended October 31, 2008.

F. Indemnitees; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund.

G. Recently Issued Accounting Standards and Interpretation:

H. Other:

At October 31, 2008, two shareholders held 100% of the outstanding shares of the Portfolio.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders of Emerging Markets Portfolio II and
Board of Directors of Dimensional Investment Group Inc.:

In our opinion, the accompanying statement of assets and liabilities, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of Emerging Markets Portfolio II (one of the portfolios constituting Dimensional Investment Group Inc., hereafter referred to as the "Portfolio") at October 31, 2008, the results of its operations, the changes in its net assets and the financial highlights for each of the periods indicated, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Portfolio's management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standard s of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at October 31, 2008 by correspondence with the transfer agent of the investee fund, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania
December 22, 2008

THE DFA INVESTMENT TRUST COMPANY
PERFORMANCE CHART

THE DFA INVESTMENT TRUST COMPANY

THE EMERGING MARKETS SERIES

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended October 31, 2008

EXPENSE TABLE

	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	531.80		0.18	%	$	0.69
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.23		0.18	%	$	0.92

THE DFA INVESTMENT TRUST COMPANY

THE EMERGING MARKETS SERIES

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

Consumer Discretionary				Consumer Staples				Energy				Financials				Health Care				Industrials				Information Technology				Materials				Telecommunication Services				Utilities				Other				Total
	6.8	%			9.9	%			11.1	%			16.8	%			4.8	%			8.1	%			11.8	%			14.2	%			11.4	%			4.9	%			0.2	%			100.0	%

THE EMERGING MARKETS SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value††		Percentage of Net Assets**
ARGENTINA — (0.3%)
COMMON STOCKS — (0.3%)
Other Securities			$	5,584,351		0.3	%
BRAZIL — (16.0%)
COMMON STOCKS — (6.5%)
Perdigao SA ADR		457,126		13,370,936		0.8	%
Petroleo Brasilerio SA ADR (71654V101)		1,934,642		42,697,549		2.7	%
Petroleo Brasilerio SA ADR (71654V408)		1,223,746		32,906,530		2.0	%
Other Securities				23,939,591		1.5	%
TOTAL COMMON STOCKS				112,914,606		7.0	%
PREFERRED STOCKS — (9.5%)
Banci Itau Holding Financeira SA		1,507,125		16,278,202		1.0	%
Banco Bradesco SA		1,636,841		18,774,751		1.2	%
Companhia Vale do Rio Doce Series A		2,173,591		25,212,251		1.6	%
Gerdau SA Sponsored ADR		2,037,600		13,061,016		0.8	%
# Sadia SA ADR		1,234,266		7,479,652		0.5	%
# Votorantim Celulose e Papel SA Sponsored ADR		1,181,000		11,916,290		0.7	%
Other Securities				72,895,252		4.4	%
TOTAL PREFERRED STOCKS				165,617,414		10.2	%
TOTAL — BRAZIL				278,532,020		17.2	%
CHILE — (3.2%)
COMMON STOCKS — (3.2%)
# Empresa Nacional de Electricidad SA Sponsored ADR		262,585		9,768,162		0.6	%
Enersis SA Sponsored ADR		1,398,003		20,131,243		1.3	%
# Sociedad Quimica y Minera de Chile SA Sponsored ADR		349,195		7,996,566		0.5	%
Other Securities				17,647,476		1.0	%
TOTAL — CHILE				55,543,447		3.4	%
CHINA — (4.8%)
COMMON STOCKS — (4.8%)
# Bank of China, Ltd.		60,844,000		17,765,768		1.1	%
China Resources Enterprise, Ltd.		7,139,000		14,213,048		0.9	%
Citic Pacific, Ltd.		17,336,000		14,098,717		0.9	%
# Industrial and Commercial Bank of China (Asia), Ltd.		30,590,000		14,393,223		0.9	%
Other Securities				22,976,599		1.3	%
TOTAL — CHINA				83,447,355		5.1	%
CZECH REPUBLIC — (1.9%)
COMMON STOCKS — (1.9%)
CEZ A.S.		323,973		14,169,330		0.9	%
Telefonica 02 Czech Republic A.S.		704,007		15,044,164		0.9	%
Other Securities				4,619,080		0.3	%
TOTAL — CZECH REPUBLIC				33,832,574		2.1	%
HUNGARY — (2.3%)
COMMON STOCKS — (2.3%)
*# OTP Bank NYRT		719,020		11,908,444		0.7	%
# Richter Gedeon NYRT		115,808		16,000,427		1.0	%
Other Securities				12,648,235		0.8	%
TOTAL — HUNGARY				40,557,106		2.5	%

THE EMERGING MARKETS SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
INDIA — (9.4%)
COMMON STOCKS — (9.4%)
HDFC Bank, Ltd.		386,733	$	8,227,909		0.5	%
Hindustan Unilever, Ltd.		1,921,894		8,736,163		0.5	%
Infosys Technologies, Ltd.		657,429		19,010,875		1.2	%
Infosys Technologies, Ltd. Sponsored ADR		250,600		7,347,592		0.5	%
Reliance Industries, Ltd.		1,030,847		29,122,041		1.8	%
Other Securities				89,772,216		5.5	%
TOTAL COMMON STOCKS				162,216,796		10.0	%
PREFERRED STOCKS — (0.0%)
Other Securities				347,069		0.0	%
TOTAL — INDIA				162,563,865		10.0	%
INDONESIA — (2.1%)
COMMON STOCKS — (2.1%)
PT Astra International Tbk		15,468,561		12,876,057		0.8	%
PT Telekomunikasi Indonesia Tbk		15,037,640		7,523,134		0.5	%
Other Securities				16,756,269		1.0	%
TOTAL — INDONESIA				37,155,460		2.3	%
ISRAEL — (5.3%)
COMMON STOCKS — (5.3%)
Bank Hapoalim B.M.		6,655,731		15,071,355		0.9	%
Bank Leumi Le-Israel		5,633,015		14,777,977		0.9	%
Israel Chemicals, Ltd.		837,943		8,451,396		0.5	%
Teva Pharmaceutical Industries, Ltd. Sponsored ADR		869,167		37,269,881		2.3	%
Other Securities				16,808,772		1.1	%
TOTAL — ISRAEL				92,379,381		5.7	%
MALAYSIA — (4.0%)
COMMON STOCKS — (4.0%)
Other Securities				69,964,680		4.3	%
MEXICO — (8.6%)
COMMON STOCKS — (8.6%)
Alfa S.A.B. de C.V. Series A		3,812,637		7,822,313		0.5	%
# America Movil S.A.B. de C.V. Series L		19,036,559		29,485,030		1.8	%
Grupo Mexico S.A.B. de C.V. Series B		21,157,195		16,590,332		1.0	%
# Telefonos de Mexico S.A.B. de C.V.		10,416,800		9,309,749		0.6	%
# Wal-Mart de Mexico S.A.B. de C.V. Series V		4,692,980		12,582,694		0.8	%
Other Securities				73,148,266		4.5	%
TOTAL — MEXICO				148,938,384		9.2	%
PHILIPPINES — (0.7%)
COMMON STOCKS — (0.7%)
Other Securities				11,676,420		0.7	%
POLAND — (1.4%)
COMMON STOCKS — (1.4%)
Bank Pekao SA		163,030		7,414,805		0.5	%
Telekomunikacja Polska SA		1,112,400		8,405,484		0.5	%
Other Securities				8,202,531		0.5	%
TOTAL — POLAND				24,022,820		1.5	%
SINGAPORE — (0.0%)
COMMON STOCKS — (0.0%)
Other Securities				138,173		0.0	%

THE EMERGING MARKETS SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
SOUTH AFRICA — (7.1%)
COMMON STOCKS — (7.1%)
MTN Group, Ltd.		1,745,306	$	19,598,239		1.2	%
Sasol, Ltd. Sponsored ADR		1,363,425		39,443,885		2.4	%
Other Securities				63,499,905		3.9	%
TOTAL — SOUTH AFRICA				122,542,029		7.5	%
SOUTH KOREA — (10.2%)
COMMON STOCKS — (10.2%)
# POSCO		46,060		12,686,282		0.8	%
Samsung Electronics Co., Ltd.		97,139		40,954,158		2.5	%
Samsung Electronics Co., Ltd. ADR		52,988		10,979,734		0.7	%
SK Telecom Co., Ltd.		56,085		8,901,750		0.5	%
Other Securities				103,339,470		6.4	%
TOTAL — SOUTH KOREA				176,861,394		10.9	%
TAIWAN — (7.6%)
COMMON STOCKS — (7.6%)
Formosa Chemicals & Fiber Co., Ltd.		4,610,141		7,452,770		0.5	%
Formosa Plastics Corp.		4,721,167		7,967,558		0.5	%
Hon Hai Precision Industry Co., Ltd.		3,761,458		9,079,012		0.6	%
Nan Ya Plastic Corp.		6,878,218		9,532,403		0.6	%
Taiwan Semiconductor Manufacturing Co., Ltd.		22,275,436		32,412,010		2.0	%
Other Securities				65,276,976		3.9	%
TOTAL — TAIWAN				131,720,729		8.1	%
THAILAND — (1.1%)
COMMON STOCKS — (1.1%)
Other Securities				18,868,229		1.2	%
TURKEY — (2.3%)
COMMON STOCKS — (2.3%)
* Koc Holding A.S. Series B		3,943,304		7,357,239		0.5	%
Other Securities				33,128,805		2.0	%
TOTAL — TURKEY				40,486,044		2.5	%
			Value†
SECURITIES LENDING COLLATERAL — (11.7%)
§@ DFA Short Term Investment Fund LP		191,178,954		191,178,954		11.7	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securities 0.25%, 11/03/08 (Collateralized by $25,549,645 FHLMC, rates ranging from 5.296%(r) to 6.000%, maturities ranging from 12/01/26 to 03/01/33 & FNMA 5.520%(r), 05/01/17, valued at $12,757,896) to be repurchased at $12,508,001	$	12,508		12,507,740		0.8	%
TOTAL SECURITIES LENDING COLLATERAL				203,686,694		12.5	%
TOTAL INVESTMENTS — (100.0%) (Cost $1,345,667,600)			$	1,738,501,155		107.0	%

See accompanying Notes to Financial Statements.
21

THE DFA INVESTMENT TRUST COMPANY

THE EMERGING MARKETS SERIES

STATEMENT OF ASSETS AND LIABILITIES

OCTOBER 31, 2008

(Amounts in thousands)

ASSETS:
Investments at Value (including $180,629 of securities on loan)	$	1,534,814
Collateral Received from Securities on Loan at Value & Cost		203,687
Foreign Currencies at Value		13,010
Cash		643
Receivables:
Investment Securities Sold		165,128
Dividends, Interest and Tax Reclaims		2,223
Securities Lending Income		383
Fund Shares Sold		1,445
Fund Margin Variation		32
Prepaid Expenses and Other Assets		3
Total Assets		1,921,368
LIABILITIES:
Payables:
Upon Return of Securities Loaned		203,687
Investment Securities Purchased		90,830
Due to Advisor		144
Loan Payable		1,079
Deferred Thailand Capital Gains Tax		788
Accrued Expenses and Other Liabilities		316
Total Liabilities		296,844
NET ASSETS	$	1,624,524
Investments at Cost	$	1,141,981
Foreign Currencies at Cost	$	12,929

See accompanying Notes to Financial Statements.
22

THE DFA INVESTMENT TRUST COMPANY

THE EMERGING MARKETS SERIES

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Dividends (Net of Foreign Taxes Withheld of $8,965 and $7,660, respectively)	$	83,157		$	78,304
Interest		218			517
Income from Securities Lending		4,081			3,188
Total Investment Income		87,456			82,009
Expenses
Investment Advisory Services Fees		2,744			3,029
Accounting & Transfer Agent Fees		292			318
Custodian Fees		1,784			2,142
Shareholders' Reports		30			28
Directors'/Trustees' Fees & Expenses		—			25
Professional Fees		94			55
Other		76			65
Total Expenses		5,020			5,662
Net Investment Income (Loss)		82,436			76,347
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		(59,927	)		143,019
Futures		(361	)		—
Foreign Currency Transactions		(1,036	)		(111	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,612,126	)		859,017
Futures		32			—
Translation of Foreign Currency Denominated Amounts		(139	)		(27	)
Change in Deferred Thailand Capital Gains Tax		2,797			(884	)
Net Realized and Unrealized Gain (Loss)		(1,670,760	)		1,001,014
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(1,588,324	)	$	1,077,361

See accompanying Notes to Financial Statements.
23

THE DFA INVESTMENT TRUST COMPANY

THE EMERGING MARKETS SERIES

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	82,436		$	76,347		$	54,451
Net Realized Gain (Loss) on:
Investment Securities Sold		(59,927	)		143,019			28,277
Futures		(361	)		—			—
Foreign Currency Transactions		(1,036	)		(111	)		(585	)
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(1,612,126	)		859,017			484,776
Futures		32			—			—
Translation of Foreign Currency Denominated Amounts		(139	)		(27	)		(23	)
Change in Deferred Thailand Capital Gains Tax		2,797			(884	)		902
Net Increase (Decrease) in Net Assets Resulting from Operations		(1,588,324	)		1,077,361			567,798
Transactions in Interest:
Contributions		197,789			481,891			455,977
Withdrawals		(692,731	)		(266,433	)		(461,369	)
Net Increase from Transactions in Interest		(494,942	)		215,458			(5,392	)
Total Increase (Decrease) in Net Assets		(2,083,266	)		1,292,819			562,406
Net Assets
Beginning of Period		3,707,790			2,414,971			1,852,565
End of Period	$	1,624,524		$	3,707,790		$	2,414,971

See accompanying Notes to Financial Statements.
24

THE DFA INVESTMENT TRUST COMPANY

THE EMERGING MARKETS SERIES

FINANCIAL HIGHLIGHTS

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Total Return		(48.15	)%(C)		42.62	%		31.87	%		31.23	%		35.47	%		39.67	%
Net Assets, End of Period (thousands)	$	1,624,524		$	3,707,790		$	2,414,971		$	1,852,565		$	1,160,262		$	607,561
Ratio of Expenses to Average Net Assets		0.18	%(B)		0.19	%		0.20	%		0.27	%		0.31	%		0.34	%
Ratio of Net Investment Income to Average Net Assets		3.00	%(B)		2.52	%		2.54	%		3.70	%		2.63	%		2.23	%
Portfolio Turnover Rate		19	%(C)		7	%		11	%		9	%		2	%		1	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
25

THE DFA INVESTMENT TRUST COMPANY
THE EMERGING MARKETS SERIES
NOTES TO FINANCIAL STATEMENTS

A. Organization:

The DFA Investment Trust Company (the "Trust") is an open-end management investment company registered under the Investment Company Act of 1940. The Trust consists of eighteen series, of which The Emerging Markets Series (the "Series") is presented in this report.

At a regular meeting of the Board of Directors/Trustees (the "Board") on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Series from November 30 to October 31.

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America. Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates and those differences could be material.

1. Security Valuation: Securities held by the Series (including over-the-counter securities) are valued at the last quoted sale price of the day. Securities held by the Series that are listed on Nasdaq are valued at the Nasdaq Official Closing Price ("NOCP"). If there is no last reported sale price or NOCP for the day, the Series values the securities at the mean of the most recent quoted bid and asked prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Unlisted securities for which market quotations are readily available are valued at the mean of the most recent quoted bid and asked prices. Generally, securities issued by open-end investment companies are valued using their respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the New York Stock Exchange (NYSE).

The Series will also fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the NYSE. For example, trading in the Japanese securities markets is completed each day at the close of Tokyo Stock Exchange (normally 11:00 p.m. PT), which is fourteen hours prior to the close of the NYSE (normally 1:00 p.m. PT) and the time that the net asset value of the Series is computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the time the Series prices its shares at the close of the NYSE, the Series will fair value its foreign investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair value prices will attempt to reflect the impact of the U.S. financial markets' perceptions and trading activities on the Series ' foreign investments since the last closing prices of the foreign investments were calculated on their primary foreign securities markets or exchanges. For these purposes, the Board of Directors/Trustees of the Series has determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable. Fair valuation of portfolio securities may occur on a daily basis. The fair value pricing by the Series utilizes data furnished by an independent pricing service (and that data draws upon, among other information, the market values of foreign investments). The fair value prices of portfolio securities generally will be used when it is determined that the use of such prices will have a

material impact on the net asset value of the Series. When the Series uses fair value pricing, the values assigned to the Series' foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges.

Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Series' own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Series' net assets as of October 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)								Other Financial Instruments (Unrealized Appreciation/ Depreciation)*
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
The Emerging Markets Series	$	610,934	$	1,127,567		—	$	1,738,501	$	32		—		—	$	32

2. Foreign Currency Translation: Securities and other assets and liabilities of the Series whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recently quoted bid and asked prices for the U.S. dollar as quoted by generally recognized reliable sources. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked to market daily based on daily exchange rates and exchange gains or losses are realized upon ultimate receipt or disbursement.

The Series does not isolate the effect of fluctuations in foreign exchange rates from the effect of fluctuations in the market prices of securities held whether realized or unrealized.

Realized gains or losses on foreign currency transactions represent net foreign exchange gains or losses from the disposition of foreign currencies, currency gains or losses realized between the trade and settlement dates on securities transactions, and the difference between amounts of interest, dividends and foreign withholding taxes recorded on the books of the Series and the U.S. dollar equivalent amounts actually received or paid.

Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income, are included in Other Expenses for the period ended October 31, 2008 and are included in Directors'/Trustees' Fees & Expenses for the year ended November 30, 2007. At October 31, 2008, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities on the Statement of Assets and Liabilities in the amount of $44 (in thousands).

4. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. The Series estimates the character of distributions received that may be considered return of capital distributions or capital gain distributions. Interest income is recorded on the accrual basis. Discount and premium on securities purchased are amortized over the lives of the respective securities utilizing the effective i nterest method. Expenses directly attributable to the Series are directly charged. Common expenses of the Trust are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

The Series may be subject to taxes imposed by countries in which they invest, with respect to their investments in issuers existing or operating in such countries. Such taxes are generally based on income earned or repatriated and capital gains realized on the sale of such investments. The Series accrues such taxes when the related income or capital gains are earned or throughout the holding period. Some countries require governmental approval for the repatriation of investment income, capital or the proceeds of sales earned by foreign investors. In addition, if there is a deterioration in a country's balance of payments or for other reasons, a country may impose temporary restrictions on foreign capital remittances abroad.

The Series' investments in Thailand are subject to a 15% governmental capital gains tax. Such taxes are due upon sale of individual securities. The Series accrues for taxes on the capital gains throughout the holding period based on the unrealized gain of the underlying securities. The Series is also subject to a 10% governmental capital gains tax on short-term capital gains for investments in India. Such taxes are due upon sale of individual securities. The taxes for the capital gains are accrued when the capital gains are earned.

C. Investment Advisor:

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Trust; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Trust. For the period December 1, 2007 to October 31, 2008, the total related amounts paid by the Trust to the CCO were $106 (in thousands). The total related amount paid by the Series is included in Other Expenses on the Statement of Operations.

D. Purchases and Sales of Securities:

For the period ended October 31, 2008 to the Series made the following purchases and sales of investment securities, other than short-term securities and U.S. government securities (amounts in thousands):

Purchases				$	564,288
Sales					1,065,835

There were no purchases or sales of long-term U.S. government securities.

E. Federal Income Tax:

No provision for federal income taxes is required since the Series is treated as a partnership for federal income tax purposes. Any net investment income and realized and unrealized gains and losses have been deemed to have been "passed through" to its partners.

Some of the Series' investments are in securities considered to be "passive foreign investment companies" for which any unrealized appreciation (depreciation) (mark to market) and/or realized gains are required to be included in distributable net investment income for tax purposes. At October 31, 2008, the Series had cumulative unrealized appreciation (depreciation) (mark to market) of $108 (in thousands) to be included in distributable net investment income for federal tax purposes. For the period December 1, 2007 to October 31, 2008, realized gains on the sale of passive foreign investment companies totaling $0 (in thousands) have been reclassified from accumulated net realized gains to accumulated net investment income for federal tax purposes.

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	1,346,314			$	480,062			$	(87,875	)		$	392,187

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes." This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Series' tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2005 through the period ended October 31, 2008), for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Series' financial statements.

F. Financial Instruments:

1. Repurchase Agreements: The Series may purchase money market instruments subject to the counterparty's agreement to repurchase them at an agreed upon date and price. The counterparty will be required on a daily basis to maintain the value of the collateral subject to the agreement at not less than the repurchase price (including accrued interest). The agreements are conditioned upon the collateral being deposited under the Federal Reserve book-entry system or with the Trust's custodian or a third party sub-custodian. In the event of default or bankruptcy by the other party to the agreement, retention of the collateral may be subject to legal proceedings. All open repurchase agreements were entered into on October 31, 2008.

2. Foreign Market Risks: Investments in foreign markets may involve certain considerations and risks not typically associated with investments in the United States of America, including the possibility of future political and economic developments and the level of foreign government supervision and regulation of foreign securities markets. These markets are generally smaller, less liquid and more volatile than the major securities markets in the United States of America. Consequently, acquisition and disposition of securities by the Series may be inhibited.

3. Futures Contracts: During the period December 1, 2007 to October 31, 2008, the Series entered into futures contracts in accordance with its investment objectives. Upon entering into a futures contract, the Series deposits cash or pledges U.S. Government securities to a broker, equal to the minimum "initial margin" requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as

"variation margin" and are recorded daily by the Series as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Series records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

At October 31, 2008, the Series had outstanding 266 long futures contracts of the S&P 500 Index^®, all of which expire on December 19, 2008. The value of such contracts on October 31, 2008 was $64,325 (in thousands), which resulted in an unrealized gain of $32 (in thousands). Approximately $6,584 (in thousands) of cash has been segregated as collateral for the open futures contracts and has been accounted for as cash on the Statement of Assets and Liabilities.

G. Line of Credit:

For the period December 1, 2007 to October 31, 2008, borrowings by the Series under this line of credit were as follows (amounts in thousands, except percentage and days):

Weighted Average Interest Rate				Weighted Average Loan Balance				Number of Days Outstanding				Interest Expense Incurred				Maximum Amount Borrowed During the Period
	3.52	%		$	6,846				56			$	37			$	18,238

At October 31, 2008 the Series had a loan outstanding in the amount of $1,079 (in thousands).

H. Securities Lending:

the result of investment losses, the lending agent has agreed to pay the amount of the shortfall to the Fund or, at the option of the lending agent, to replace the securities.

Subject to the Series' investment policy, the cash collateral received by the Series from securities on loan is invested in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies or shares of the DFA Short Term Investment Fund LP. Agencies include both agency debentures and agency mortgage backed securities. In addition, the Series will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible to be taxed at qualified dividend income rates.

I. Indemnitees; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund.

J. Recently Issued Accounting Standards and Interpretation:

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders of The Emerging Markets Series and
Board of Trustees of The DFA Investment Trust Company:

In our opinion, the accompanying statement of assets and liabilities, including the summary schedule of portfolio holdings, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of The Emerging Markets Series (one of the portfolios constituting The DFA Investment Trust Company, hereafter referred to as the "Series") at October 31, 2008, the results of its operations, the changes in its net assets and the financial highlights for each of the periods indicated, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Series' management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financia l statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at October 31, 2008 by correspondence with the custodian and brokers, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania
December 22, 2008

FUND MANAGEMENT

Trustees/Directors

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

Disinterested Trustees/Directors

George M. Constantinides
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue Chicago, IL 60637
Age: 61

DFAITC - since 1993
DFAIDG - since 1983
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Leo Melamed Professor of Finance, The University of Chicago Booth School of Business.

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

John P. Gould
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue
Chicago, IL 60637
Age: 69

DFAITC - since 1993
DFAIDG - since 1986
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Roger G. Ibbotson
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Yale School of Management
P.O. Box 208200
New Haven, CT 06520-8200
Age: 65

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Robert C. Merton
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Harvard Business School
353 Baker Library
Soldiers Field
Boston, MA 02163
Age: 64

DFAITC - since 2003
DFAIDG - since 2003
DIG - since 2003
DEM - since 2003

96 portfolios in 4 investment companies

Myron S. Scholes
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Platinum Grove Asset Management, L.P.
Reckson Executive Park
1100 King Street
Building 4
Rye Brook, NY 10573
Age: 67

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Abbie J. Smith
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue
Chicago, IL 60637
Age: 55

DFAITC - since 2000
DFAIDG - since 2000
DIG - since 2000
DEM - since 2000

96 portfolios in 4 investment companies

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

��

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

Interested Trustees/Directors*

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1992
DEM - since 1993

96 portfolios in 4 investment companies

Rex A. Sinquefield
The Show Me Institute
7777 Bonhomme Ave.,
Suite 2150 St. Louis, MO 63105
Age: 64

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1992
DEM - since 1993

96 portfolios in 4 investment companies

¹ Each Trustee/Director holds office for an indefinite term until his or her successor is elected and qualified.

² Each Trustee/Director is a director or trustee of each of the four registered investment companies within the DFA Fund Complex, which includes the Funds.

Officers

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
		Officers

April A. Aandal Vice President Age: 35	Since 2008	Vice President of all the DFA Entities.

Darryl D. Avery Vice President Age: 42	Since 2005	Vice President of all the DFA Entities. From June 2002 to January 2005, institutional client service representative of Dimensional.

Arthur H. Barlow Vice President Age: 52	Since 1993	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Scott A. Bosworth Vice President Age: 39	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since November 1997).

Valerie A. Brown Vice President and Assistant Secretary Age: 41	Since 2001	Vice President and Assistant Secretary of all the DFA Entities, DFA Australia Limited, Dimensional Fund Advisors Ltd., and since June 2003, Dimensional Fund Advisors Canada Inc.

David P. Butler Vice President Age: 44	Since 2007	Vice President of all the DFA Entities. Director of US Financial Services of Dimensional (since January 2005). Formerly, Regional Director of Dimensional Fund Advisors LP (January 1995 to January 2005).

Patrick Carter Vice President Age: 46	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since March 2006). Formerly, Director of Merrill Lynch Retirement Group (December 1998 to March 2006).

Stephen A. Clark Vice President Age: 36	Since 2004	Vice President of all the DFA Entities, April 2001 to April 2004, Portfolio Manager of Dimensional.

Robert P. Cornell Vice President Age: 59	Since 2007	Vice President of all the DFA Entities. Regional Director of Financial Services Group of Dimensional (since August 1993).

Christopher S. Crossan Vice President and Chief Compliance Officer Age: 42	Since 2004	Vice President and Chief Compliance Officer of all the DFA Entities. Formerly, Senior Compliance Officer, INVESCO Institutional, Inc. and its affiliates (August 2000 to January 2004).

James L. Davis Vice President Age: 51	Since 1999	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Robert T. Deere Vice President Age: 51	Since 1994	Vice President of all the DFA Entities and DFA Australia Limited.

Robert W. Dintzner Vice President Age: 38	Since 2001	Vice President of all the DFA Entities. Prior to April 2001, marketing supervisor and marketing coordinator for Dimensional.

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Kenneth Elmgren Vice President Age: 54	Since 2007	Vice President of all the DFA Entities. Formerly, Managing Principal of Beverly Capital (May 2004 to September 2006); Principal of Wydown Capital (September 2001 to May 2004).

Richard A. Eustice Vice President and Assistant Secretary Age: 43	Since 1998	Vice President and Assistant Secretary of all the DFA Entities and DFA Australia Limited. Formerly, Vice President of Dimensional Fund Advisors Ltd.

Eugene F. Fama, Jr. Vice President Age: 47	Since 1993	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Gretchen A. Flicker Vice President Age: 37	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, institutional client service representative of Dimensional.

Jed S. Fogdall Vice President Age: 34	Since 2008	Vice President of all the DFA Entities. Portfolio Manager for Dimensional (since September 2004). Prior to September 2004, Staff Engineer at the Boeing Company (1997-2004); Graduate Student at the University of California, Los Angeles (2002-2003).

Glenn S. Freed Vice President Age: 46	Since 2001	Vice President of all the DFA Entities.

Mark R. Gochnour Vice President Age: 41	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional.

Henry F. Gray Vice President Age: 41	Since 2000	Vice President of all the DFA Entities. Prior to July 2000, Portfolio Manager of Dimensional. Formerly, Vice President of DFA Australia Limited.

John T. Gray Vice President Age: 34	Since 2007	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (January 2005 to February 2007).

Darla Hastings Vice President Age: 53	Since 2007	Vice President of all the DFA Entities. Chief Marketing Officer of Dimensional. Formerly, Senior Vice President, Customer Experience for Benchmark Assisted Living (May 2005 to April 2006); Executive Vice President and Chief Marketing Officer of State Street Corporation (September 2001 to October 2005).

Joel H. Hefner Vice President Age: 40	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since June 1998).

Julie Henderson Vice President and Fund Controller Age: 34	Since 2005	Vice President and Fund Controller of all the DFA Entities. Formerly, Senior Manager at PricewaterhouseCoopers LLP (July 1996 to April 2005).

Kevin Hight Vice President Age: 40	Since 2005	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (since March 2003 to March 2005).

Christine W. Ho Vice President Age: 40	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Assistant Controller of Dimensional.

Jeff J. Jeon Vice President Age: 34	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Counsel of Dimensional.

Patrick M. Keating Vice President Age: 53	Since 2003	Vice President of all the DFA Entities and Chief Operating Officer of Dimensional. Director, Vice President and Chief Privacy Officer of Dimensional Fund Advisors Canada Inc. Director of DFA Australia Limited.

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Joseph F. Kolerich Vice President Age: 36	Since 2004	Vice President of all the DFA Entities. From April 2001 to April 2004, Portfolio Manager for Dimensional.

Michael F. Lane Vice President Age: 41	Since 2004	Vice President of all the DFA Entities. Formerly, Vice President of Advisor Services at TIAA-CREF (July 2001 to September 2004).

Kristina M. LaRusso Vice President Age: 33	Since 2006	Vice President of all DFA Entities. Formerly, Operations Supervisor of Dimensional (March 2003 to December 2006).

Inmoo Lee Vice President Age: 42	Since 2007	Vice President of all the DFA Entities. Associate Professor Department of Finance and Accounting, Business School, National University of Singapore (July 2004 to present); Associate Professor, College of Business Administration, Korea University (September 2001 to May 2006).

Juliet Lee Vice President Age: 37	Since 2005	Vice President of all the DFA Entities. Human Resources Manager of Dimensional (since January 2004). Formerly, Assistant Vice President for Metropolitan West Asset Management LLC (February 2001 to December 2003).

Aaron M. Marcus Vice President & Head of Global Human Resources Age: 38	Since 2008	Vice President and Head of Global Human Resources of Dimensional. Formerly, Global Head of Recruiting and Vice President of Goldman Sachs & Co. (June 2006 to January 2008); Global Co-Head of HR of the Equities & FICC Division, and Vice President of Goldman Sachs & Co. (May 2005 to May 2006); Head of Americas Campus Recruiting and Vice President of Goldman Sachs & Co. (April 2003 to May 2005).

David R. Martin Vice President, Chief Financial Officer and Treasurer Age: 51	Since 2007	Vice President, Chief Financial Officer and Treasurer of all the DFA Entities. Director, Vice President, Chief Financial Officer and Treasurer of Dimensional Fund Advisors Ltd. and DFA Australia Limited. Chief Financial Officer, Treasurer, and Vice President of Dimensional Fund Advisors Canada Inc. Director of Dimensional Funds PLC and Dimensional Funds II PLC. Formerly, Executive Vice President and Chief Financial Officer of Janus Capital Group Inc. (June 2005 to March 2007); Senior Vice President of Finance at Charles Schwab & Co., Inc. (March 1999 to May 2005).

Catherine L. Newell Vice President and Secretary Age: 44	Vice President since 1997 and Secretary since 2000	Vice President and Secretary of all the DFA Entities. Director, Vice President and Assistant Secretary of DFA Australia Limited (since February 2002, April 1997 and May 2002, respectively). Vice President and Secretary of Dimensional Fund Advisors Canada Inc. (since June 2003). Director, Dimensional Funds PLC and Dimensional Funds II PLC (since January 2002). Formerly, Assistant Secretary of all DFA Entities and Dimensional Fund Advisors Ltd.

Gerard K. O'Reilly Vice President Age: 31	Since 2007	Vice President of all the DFA Entities. Formerly, Research Associate of Dimensional Fund Advisors LP (2004 to 2006); Research Assistant in PhD program, Aeronautics Department California Institute of Technology (1998 to 2004).

Carmen Palafox Vice President Age: 34	Since 2006	Vice President of all the DFA Entities. Operations Manager of Dimensional Fund Advisors LP (since May 1996).

Sonya Park Vice President Age: 36	Since 2005	Vice President of all the DFA Entities. From February 2002 to January 2005, institutional client service representative of Dimensional.

David A. Plecha Vice President Age: 47	Since 1993	Vice President of all the DFA Entities, DFA Australia Limited and Dimensional Fund Advisors Ltd..

Ted Randall Vice President Age: 35	Since 2008	Vice President of all the DFA Entities. Formerly, Research Associate of Dimensional (2006-2008). Systems Developer of Dimensional (2001-2006).

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Eduardo A. Repetto Vice President and Chief Investment Officer Age: 41	Since 2002	Chief Investment Officer (beginning March 2007) and Vice President of all the DFA Entities, DFA Australia Limited and Dimensional Fund Advisors Canada Inc. Formerly, Research Associate for Dimensional (June 2000 to April 2002).

L. Jacobo Rodriguez Vice President Age: 37	Since 2005	Vice President of all the DFA Entities. From August 2004 to July 2005, institutional client service representative of Dimensional. Formerly, Financial Services Analyst, Cato Institute (September 2001 to June 2004); Book Review Editor, Cato Journal, Cato Institute (May 1996 to June 2004).

David E. Schneider Vice President Age: 62	Since 2001	Vice President of all the DFA Entities. Currently, Director of Institutional Services.

Ted R. Simpson Vice President Age: 40	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since December 2002).

Bryce D. Skaff Vice President Age: 33	Since 2007	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (December 1999 to January 2007).

Grady M. Smith Vice President Age: 51	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Portfolio Manager of Dimensional.

Carl G. Snyder Vice President Age: 45	Since 2000	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited.

Lawrence R. Spieth Vice President Age: 60	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Regional Director of Dimensional.

Bradley G. Steiman Vice President Age: 35	Since 2004	Vice President of all the DFA Entities and Director and Vice President of Dimensional Fund Advisors Canada Inc.

Karen E. Umland Vice President Age: 42	Since 1997	Vice President of all the DFA Entities, DFA Australia Limited, Dimensional Fund Advisors Ltd., and since June 2003, Dimensional Fund Advisors Canada Inc.

Carol W. Wardlaw Vice President Age: 49	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Regional Director of Dimensional.

Weston J. Wellington Vice President Age: 57	Since 1997	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited.

Daniel M. Wheeler Vice President Age: 63	Since 2001	Vice President of all the DFA Entities. Prior to 2001 and currently, Director of Financial Advisors Services of Dimensional. Director of Dimensional Fund Advisors Ltd. (since October 2003) and President of Dimensional Fund Advisors Canada Inc. (since June 2003).

Ryan Wiley Vice President Age: 32	Since 2007	Vice President of all the DFA Entities. Senior Trader of Dimensional. Formerly, Portfolio Manager (2006 to 2007); Trader (2001 to 2006).

Paul E. Wise Vice President Age: 53	Since 2005	Vice President of all the DFA Entities. Chief Technology Officer for Dimensional (since 2004). Formerly, Principal of Turnbuckle Management Group (January 2002 to August 2004).

¹ Each officer holds office for an indefinite term at the pleasure of the Boards of Trustee/Directors and until his or her successor is elected and qualified.

VOTING PROXIES ON FUND PORTFOLIO SECURITIES

NOTICE TO SHAREHOLDERS
(Unaudited)

Dimensional Investment Group Inc.				Net Investment Income Distributions				Long-Term Capital Gain Distributions				Total Distributions				Qualifying For Corporate Dividends Received Deduction(1)				Qualifying Dividend Income(2)				Foreign Tax Credit(3)				Qualifying Interest Income(4)
Emerging Markets Portfolio II					58	%			42	%			100	%			1	%			65	%			24	%			13	%

(3) Foreign Tax Credit represent dividends which qualify for the foreign tax credit pass through and is reflected as a percentage of investment company taxable income (the total of short-term capital gain and net investment income distributions).

(4) The percentage in this column represents the amount of "Qualifying Interest Income" as created by The American Jobs Creation Act of 2004. The information is reflected as a percentage of ordinary income distributions (the total of short-term capital gain and net investment income distributions).

[THIS PAGE INTENTIONALLY LEFT BLANK]

DFA0103108-011A

DIMENSIONAL INVESTMENT GROUP INC.

Tax-Managed U.S. Marketwide Value Portfolio II

Annual Report

Period Ended October 31, 2008

Dimensional Fund Advisors
6300 Bee Cave Road, Building One
Austin, TX 78746

December 2008

Dear Fellow Shareholder,

All of us at Dimensional take our job as the steward of your assets very seriously and hope to have the opportunity to serve you for many years to come.

Sincerely,

David G. Booth
Chairman and Chief Executive Officer

[THIS PAGE INTENTIONALLY LEFT BLANK]

ANNUAL REPORT

Table of Contents

Letter to Shareholders	Page
Definitions of Abbreviations and Footnotes		1

Dimensional Investment Group Inc. — Tax-Managed Marketwide Value Portfolio II

Performance Chart		2

Management's Discussion and Analysis		3

Disclosure of Fund Expenses		5

Disclosure of Portfolio Holdings		6

Statement of Assets and Liabilities		7

Statements of Operations		8

Statements of Changes in Net Assets		9

Financial Highlights		10

Notes to Financial Statements		11

Report of Independent Registered Public Accounting Firm		15

The DFA Investment Trust Company — The Tax-Managed U.S. Marketwide Value Series

Performance Chart		16

Disclosure of Fund Expenses		17

Disclosure of Portfolio Holdings		18

Summary Schedule of Portfolio Holdings		19

Statement of Assets and Liabilities		22

Statements of Operations		23

Statements of Changes in Net Assets		24

Financial Highlights		25

Notes to Financial Statements		26

Report of Independent Registered Public Accounting Firm		31

Fund Management		32

Voting Proxies on Fund Portfolio Securities		39

Notice to Shareholders		40

This report is submitted for the information of the Fund's shareholders. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.

[THIS PAGE INTENTIONALLY LEFT BLANK]

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Statement of Assets and Liabilities/Summary Schedule of Portfolio Holdings

Investment Abbreviations

FHLMC Federal Home Loan Mortgage Corporation

FNMA Federal National Mortgage Association

STRIP Separate Trading of Registered Interest and Principal Securities

Investment Footnotes

† See Note B to Financial Statements.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

@ Security purchased with cash proceeds from Securities on Loan.

(r) The adjustable rate shown is effective as of October 31, 2008.

(y) The rate shown is the effective yield.

§ Affiliated Fund.

Financial Highlights

(A) Computed using average shares outstanding.

(B) Annualized

(D) Represents the combined ratios for the respective portfolio and its respective pro-rata share of its Master Fund Series.

All Statements and Schedules

— Amounts designated as — are either zero or rounded to zero.

REIT Real Estate Investment Trust

SEC Securities and Exchange Commission

DIMENSIONAL INVESTMENT GROUP INC.
PERFORMANCE CHART

MANAGEMENT'S DISCUSSION AND ANALYSIS

U.S. Equity Market Review 11 Months Ended October 31, 2008

For the 11 months ended October 31, 2008, small company stocks slightly outperformed large companies, and mid cap companies underperformed both small and large cap companies. The performance of the Russell Microcap Index^® was –33.59%, the Russell 2000 Index^® was –29.07%, CRSP 6-10 Index was –32.90%, and MSCI USA Small Cap 1750 Index was –32.21%. Large cap value stocks, as measured by the Russell 1000 Value Index^®, slightly outperformed large cap growth stocks, as measured by the Russell 1000 Growth Index^®. The value premium was larger among small cap stocks.

Total Return for 11 Months Ended October 31, 2008

Russell 2000 Index^® (small cap companies)	–29.07	%
Russell Midcap Index^® (mid cap companies)	–37.70	%
Russell 1000 Index^® (large cap companies)	–33.99	%
Russell 3000 Value Index^®	–32.90	%
Russell 3000 Growth Index^®	–34.45	%

When the large, mid, and small cap market segments are further divided by value and growth characteristics, the distinction in performance within sectors was equally significant.

Total Return for 11 Months Ended October 31, 2008

Russell 1000 Value Index^® (large cap value companies)	–33.55	%
Russell 1000 Growth Index^® (large cap growth companies)	–34.54	%
Russell Midcap Value Index^® (mid cap value companies)	–35.42	%
Russell Midcap Growth Index^® (mid cap growth companies)	–40.01	%
Russell 2500 Value Index^® (small/mid cap value companies)	–29.10	%
Russell 2500 Growth Index^® (small/mid cap growth companies)	–37.30	%
Russell 2000 Value Index^® (small cap value companies)	–24.91	%
Russell 2000 Growth Index^® (small cap growth companies)	–33.26	%

Master-Feeder Structure

Tax Managed U.S. Marketwide Value Portfolio II

The Tax-Managed U.S. Marketwide Value Portfolio II seeks to capture the returns of U.S. value stocks by purchasing shares of a Master Fund that invests in such stocks. The Master Fund also seeks to maximize the after-tax value of a shareholder's investment. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to U.S. value stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Master Fund held approximately 1,410 stocks and essentially was fully invested in equities throughout the year: average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Master Fund's assets.

As a result of the Master Fund's diversified investment approach, performance principally was determined by broad structural trends in the U.S. equity market, rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, total returns were –33.31% for the S&P 500 Index^®, –32.90% for the Russell 3000 Value Index^® and –37.46% for the Portfolio. Relative to the Russell 3000 Value Index^®, underperformance of the Portfolio was primarily due to the Master Fund's lower exposure to stocks with neutral value/growth price characteristics as measured by book-to-market ("BtM") ratio. Less value-oriented stocks in the lowest three BtM quartiles, which accounted for approximately 20% of the Master Fund compared to 53% of the Index, outperformed the Value Index by more than 6 percentage points. Large cap stocks held by the Master Fund underperformed similarl y sized stocks held by the Index by approximately 6 percentage points.

DIMENSIONAL INVESTMENT GROUP INC.

TAX-MANAGED U.S. MARKETWIDE VALUE PORTFOLIO II

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended October 31, 2008

EXPENSE TABLE

	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	654.00		0.23	%	$	0.96
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.98		0.23	%	$	1.17

DIMENSIONAL INVESTMENT GROUP INC.

TAX-MANAGED U.S. MARKETWIDE VALUE PORTFOLIO II

DISCLOSURE OF PORTFOLIO HOLDINGS

(Unaudited)

PORTFOLIO HOLDINGS

Affiliated Investment Company

100.0

DIMENSIONAL INVESTMENT GROUP INC.

TAX-MANAGED U.S. MARKETWIDE VALUE PORTFOLIO II

STATEMENT OF ASSETS AND LIABILITIES

OCTOBER 31, 2008

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investment in The Tax-Managed U.S. Marketwide Value Series of The DFA Investment Trust Company (Affiliated Investment Company) at Value†	$	613,732
Receivables:
Affiliated Investment Company		2,724
Fund Shares Sold		708
Prepaid Expenses and Other Assets		25
Total Assets		617,189
LIABILITIES:
Payables:
Fund Shares Redeemed		3,432
Accrued Expenses and Other Liabilities		67
Total Liabilities		3,499
NET ASSETS	$	613,690
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		60,180,172
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	10.20
Investment in Affiliated Investment Company at Cost	$	742,432
NET ASSETS CONSIST OF:
Paid-In Capital	$	774,627
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		3,645
Accumulated Net Realized Gain (Loss)		(35,882	)
Net Unrealized Appreciation (Depreciation)		(128,700	)
NET ASSETS	$	613,690
(1) NUMBER OF SHARES AUTHORIZED		200,000,000

See accompanying Notes to Financial Statements.
7

DIMENSIONAL INVESTMENT GROUP INC.

TAX-MANAGED U.S. MARKETWIDE VALUE PORTFOLIO II

STATEMENTS OF OPERATIONS

FOR THE PERIOD ENDED OCTOBER 31, 2008

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Dividends	$	18,416		$	20,076
Interest		193			354
Income from Securities Lending		1,346			400
Expenses Allocated from Affiliated Investment Company		(1,874	)		(2,462	)
Total Investment Income		18,081			18,368
Expenses
Accounting & Transfer Agent Fees		24			28
Filing Fees		44			47
Shareholders' Reports		36			51
Directors'/Trustees' Fees & Expenses		—			9
Professional Fees		27			26
Other		4			3
Total Expenses		135			164
Net Investment Income (Loss)		17,946			18,204
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		(34,948	)		58,675
Futures		(793	)		—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities		(378,517	)		(76,760	)
Futures		4			—
Net Realized and Unrealized Gain (Loss)		(414,254	)		(18,085	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(396,308	)	$	119

Investment Income and Realized and Unrealized Gain (Loss) were allocated from the Portfolio's Master Fund (Affiliated Investment Company).

See accompanying Notes to Financial Statements.
8

DIMENSIONAL INVESTMENT GROUP INC.

TAX-MANAGED U.S. MARKETWIDE VALUE PORTFOLIO II

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	17,946		$	18,204		$	13,873
Net Realized Gain (Loss) on:
Investment Securities Sold		(34,948	)		58,675			22,986
Futures		(793	)		—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities		(378,517	)		(76,760	)		104,800
Futures		4			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		(396,308	)		119			141,659
Distributions From:
Net Investment Income		(19,059	)		(17,542	)		(12,670	)
Net Long-Term Gains		(43,810	)		—			—
Total Distributions		(62,869	)		(17,542	)		(12,670	)
Capital Share Transactions (1):
Shares Issued		370,753			209,281			214,031
Shares Issued in Lieu of Cash Distributions		62,846			17,537			12,668
Shares Redeemed		(470,998	)		(114,505	)		(62,055	)
Net Increase (Decrease) from Capital Share Transactions		(37,399	)		112,313			164,644
Total Increase (Decrease) in Net Assets		(496,576	)		94,890			293,633
Net Assets
Beginning of Period		1,110,266			1,015,376			721,743
End of Period	$	613,690		$	1,110,266		$	1,015,376
(1) Shares Issued and Redeemed:
Shares Issued		26,390			11,360			13,255
Shares Issued in Lieu of Cash Distributions		3,963			966			811
Shares Redeemed		(33,945	)		(6,345	)		(3,846	)
		(3,592	)		5,981			10,220
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	3,645		$	4,811		$	4,619

See accompanying Notes to Financial Statements.
9

DIMENSIONAL INVESTMENT GROUP INC.

TAX-MANAGED U.S. MARKETWIDE VALUE PORTFOLIO II

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	17.41		$	17.57		$	15.17		$	13.20		$	11.08		$	9.06
Income from Investment Operations
Net Investment Income (Loss)		0.28	(A)		0.29	(A)		0.26	(A)		0.20			0.13			0.05
Net Gains (Losses) on Securities (Realized and Unrealized)		(6.42	)		(0.16	)		2.39			1.94			2.12			2.01
Total from Investment Operations		(6.14	)		0.13			2.65			2.14			2.25			2.06
Less Distributions
Net Investment Income		(0.31	)		(0.29	)		(0.25	)		(0.17	)		(0.13	)		(0.04	)
Net Realized Gains		(0.76	)		—			—			—			—			—
Total Distributions		(1.07	)		(0.29	)		(0.25	)		(0.17	)		(0.13	)		(0.04	)
Net Asset Value, End of Period	$	10.20		$	17.41		$	17.57		$	15.17		$	13.20		$	11.08
Total Return		(37.46	)%(C)		0.67	%		17.67	%		16.36	%		20.41	%		22.91	%
Net Assets, End of Period (thousands)	$	613,690		$	1,110,266		$	1,015,376		$	721,743		$	505,147		$	328,258
Ratio of Expenses to Average Net Assets (D)		0.23	%(B)		0.23	%		0.24	%		0.26	%		0.28	%		0.30	%
Ratio of Net Investment Income to Average Net Assets		2.07	%(B)		1.59	%		1.61	%		1.49	%		1.11	%		0.57	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
10

DIMENSIONAL INVESTMENT GROUP INC.

TAX-MANAGED U.S. MARKETWIDE VALUE PORTFOLIO II

NOTES TO FINANCIAL STATEMENTS

A. Organization:

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are generally offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of fifteen portfolios, of which Tax-Managed U.S. Marketwide Value Portfolio II (the "Portfolio") is presented in this report.

The Portfolio primarily invests its assets in The Tax-Managed U.S. Marketwide Value Series (the "Series"), a corresponding series of The DFA Investment Trust Company. At October 31, 2008, the Portfolio owned 28% of the Series. The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolio.

At a regular meeting of the Board of Directors/Trustees (the "Board") on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Portfolio from November 30 to October 31.

B. Significant Accounting Policies:

1. Security Valuation: The Portfolio's investment reflects its proportionate interest in the net assets of the Series.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value of investments)

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
Tax-Managed Marketwide Value Portfolio II	$	613,732		—		—	$	613,732

3. Other: The Portfolio recognizes its pro-rata share, on a daily basis, of net investment income and realized and unrealized gains and losses of investment securities from the Series, which is treated as a partnership for federal income tax purposes. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. The Portfolio estimates the character of distributions received that may be considered return of capital distributions. Expenses directly attributable to the Portfolio are directly charged. Common expenses of the Fund are allocated using methods approved by the Board of Direc tors/Trustees, generally based on average net assets.

C. Investment Advisor:

Fees Paid to Officers and Directors/Trustees:

D. Federal Income Taxes:

distributions were classified to the following accounts. These reclassifications had no effect on net assets or net asset value per share (amounts in thousands):

Increase (Decrease) Paid-In Capital				Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains/(Losses)
	—			$	(53	)		$	53

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gain		Total
2006	$	12,670		—	$	12,670
2007		18,012	$	1,514		19,526
2008		19,112		43,757		62,869

At October 31, 2008, the components of distributable earnings/(accumulated losses) were as follows (amounts in thousands):

Undistributed Net Investment Income and Short-Term Capital Gains				Undistributed Long-Term Capital Gains				Capital Loss Carryforward				Total Net Distributable Earnings/ (Accumulated Losses)
$	3,659				—			$	(36,000	)		$	(32,341	)

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. At October 31, 2008, the Portfolio had capital loss carryforwards of $36,000 (in thousands) available to offset future realized capital gains through October 31, 2016.

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	742,310			$	70,131			$	(198,709	)		$	(128,578	)

E. Line of Credit:

The Fund, together with other Dimensional-advised portfolios, has entered into a $250 million unsecured discretionary line of credit effective June 30, 2003 with an affiliate of its domestic custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $250 million, as long as total borrowings under the line of credit do not exceed $250 million in the aggregate. Borrowings under the line of credit are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 23, 2009. There were no borrowings by the Portfolio under this line of credit during the period ended Oc tober 31, 2008.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. There is no commitment fee on the unused portion of the line of credit. The agreement of the line of credit expires on January 15, 2009. There were no borrowings by the Portfolio under this line of credit during the period ended October 31, 2008.

F. Indemnitees; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund.

G. Recently Issued Accounting Standards and Interpretation:

H. Other:

At October 31, 2008, two shareholders held approximately 92% of the outstanding shares of the Portfolio. One or more of the shareholders is an omnibus account, which typically hold shares for the benefit of several other underlying investors.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders of Tax-Managed U.S. Marketwide Value Portfolio II and
Board of Directors of Dimensional Investment Group Inc.:

In our opinion, the accompanying statement of assets and liabilities, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of Tax-Managed U.S. Marketwide Value Portfolio II (one of the portfolios constituting Dimensional Investment Group Inc., hereafter referred to as the "Portfolio") at October 31, 2008, the results of its operations, the changes in its net assets and the financial highlights for each of the periods indicated, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Portfolio's management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at October 31, 2008 by correspondence with the transfer agent of the investee fund, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania
December 22, 2008

THE DFA INVESTMENT TRUST COMPANY
PERFORMANCE CHART

THE DFA INVESTMENT TRUST COMPANY

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended October 31, 2008

EXPENSE TABLE

	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	654.40		0.22	%	$	0.91
Hypothetical 5% Annual Return	$	1,000.00	$	1,024.03		0.22	%	$	1.12

THE DFA INVESTMENT TRUST COMPANY

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

DISCLOSURE OF PORTFOLIO HOLDINGS

(Unaudited)

PORTFOLIO HOLDINGS

Consumer Discretionary				Consumer Staples				Energy				Financials				Health Care				Industrials				Information Technology				Materials				Telecommunication Services				Utilities				Total
	13.4	%			5.8	%			16.0	%			33.4	%			2.6	%			12.2	%			6.1	%			2.7	%			7.7	%			0.1	%			100.0	%

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value†		Percentage of Net Assets**
COMMON STOCKS — (84.9%)
Consumer Discretionary — (11.8%)
Comcast Corp. Class A		3,570,978	$	56,278,613		2.6	%
Comcast Corp. Special Class A Non-Voting		1,432,185		22,084,293		1.0	%
*# Ford Motor Co.		3,834,761		8,398,127		0.4	%
* Liberty Media Corp. - Entertainment Class A		668,364		10,760,660		0.5	%
Time Warner, Inc.		5,159,956		52,063,956		2.4	%
Tyco Electronics, Ltd.		600,698		11,677,569		0.5	%
Other Securities				134,359,663		6.1	%
Total Consumer Discretionary				295,622,881		13.5	%
Consumer Staples — (5.0%)
Archer-Daniels-Midland Co.		457,265		9,479,103		0.4	%
# CVS Caremark Corp.		726,214		22,258,459		1.0	%
Kraft Foods, Inc.		1,178,778		34,349,591		1.6	%
Molson Coors Brewing Co.		246,248		9,199,825		0.4	%
Other Securities				50,348,462		2.3	%
Total Consumer Staples				125,635,440		5.7	%
Energy — (13.5%)
Anadarko Petroleum Corp.		845,068		29,830,900		1.4	%
Apache Corp.		403,946		33,256,874		1.5	%
Chesapeake Energy Corp.		618,000		13,577,460		0.6	%
ConocoPhillips		1,671,850		86,969,637		4.0	%
Devon Energy Corp.		498,108		40,277,013		1.8	%
# Hess Corp.		198,137		11,929,829		0.6	%
Marathon Oil Corp.		845,923		24,616,359		1.1	%
Noble Energy, Inc.		177,500		9,198,050		0.4	%
Valero Energy Corp.		738,360		15,195,449		0.7	%
Other Securities				73,801,716		3.4	%
Total Energy				338,653,287		15.5	%
Financials — (28.3%)
Allstate Corp.		739,900		19,525,961		0.9	%
Bank of America Corp.		2,475,676		59,837,089		2.7	%
# Capital One Financial Corp.		617,854		24,170,448		1.1	%
Chubb Corp.		390,477		20,234,518		0.9	%
Discover Financial Services		719,953		8,819,424		0.4	%
# Fifth Third Bancorp		1,011,926		10,979,397		0.5	%
Hudson City Bancorp, Inc.		672,553		12,650,722		0.6	%
JPMorgan Chase & Co.		2,667,818		110,047,492		5.0	%
Loews Corp.		759,497		25,222,895		1.2	%
# M&T Bank Corp.		103,167		8,366,844		0.4	%
MetLife, Inc.		1,059,505		35,196,756		1.6	%
Morgan Stanley		567,849		9,920,322		0.5	%
Prudential Financial, Inc.		463,538		13,906,140		0.6	%
# SunTrust Banks, Inc.		383,603		15,397,824		0.7	%
The Travelers Companies, Inc.		932,958		39,697,363		1.8	%
Unum Group		545,000		8,583,750		0.4	%
Other Securities				286,175,383		13.1	%
Total Financials				708,732,328		32.4	%
Health Care — (2.3%)
* WellPoint, Inc.		424,020		16,481,657		0.8	%
Other Securities				40,968,859		1.8	%
Total Health Care				57,450,516		2.6	%

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
Industrials — (10.2%)
Burlington Northern Santa Fe Corp.		398,500	$	35,490,410		1.6	%
CSX Corp.		607,620		27,780,386		1.3	%
Norfolk Southern Corp.		661,000		39,620,340		1.8	%
Northrop Grumman Corp.		435,224		20,407,653		0.9	%
Southwest Airlines Co.		1,077,730		12,695,659		0.6	%
Union Pacific Corp.		483,593		32,289,505		1.5	%
Other Securities				85,606,824		3.9	%
Total Industrials				253,890,777		11.6	%
Information Technology — (4.8%)
# Hewlett-Packard Co.		237,000		9,072,360		0.4	%
* Symantec Corp.		780,999		9,824,967		0.4	%
Xerox Corp.		1,179,032		9,455,837		0.4	%
Other Securities				91,040,431		4.2	%
Total Information Technology				119,393,595		5.4	%
Materials — (2.4%)
International Paper Co.		490,762		8,450,922		0.4	%
Weyerhaeuser Co.		311,975		11,923,685		0.6	%
Other Securities				38,831,263		1.7	%
Total Materials				59,205,870		2.7	%
Other — (0.0%)
Total Other				1,710		0.0	%
Telecommunication Services — (6.5%)
AT&T, Inc.		3,496,990		93,614,422		4.3	%
Sprint Nextel Corp.		3,528,077		11,042,881		0.5	%
Verizon Communications, Inc.		1,643,676		48,767,867		2.2	%
Other Securities				10,213,254		0.5	%
Total Telecommunication Services				163,638,424		7.5	%
Utilities — (0.1%)
Total Utilities				2,430,938		0.1	%
TOTAL COMMON STOCKS				2,124,655,766		97.0	%
RIGHTS/WARRANTS — (0.0%)
TOTAL RIGHTS/WARRANTS				17		0.0	%
TEMPORARY CASH INVESTMENTS — (2.0%)
BlackRock Liquidity Funds Tempcash Portfolio-Institutional Shares		38,403,563		38,403,563		1.8	%
	Face Amount
	(000)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $14,345,000 FHLMC 6.275%(r), 09/01/36, valued at $10,738,962) to be repurchased at $10,577,829	$	10,577		10,577,000		0.5	%
TOTAL TEMPORARY CASH INVESTMENTS				48,980,563		2.3	%

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

CONTINUED

	Shares		Value†		Percentage of Net Assets**
SECURITIES LENDING COLLATERAL — (13.1%)
§@ DFA Short Term Investment Fund LP		301,849,543	$	301,849,543		13.8	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securities 0.24%, 11/03/08 (Collateralized by $30,992,549 FNMA, rates ranging from 5.000% to 7.000%, maturities from 11/01/33 to 08/01/38 & U.S. Treasury STRIP 1.573%(y), 05/15/12, valued at $28,175,867) to be repurchased at $27,427,287	$	27,427		27,426,740		1.2	%
TOTAL SECURITIES LENDING COLLATERAL				329,276,283		15.0	%
TOTAL INVESTMENTS — (100.0%) (Cost $2,977,897,731)			$	2,502,912,629		114.3	%

See accompanying Notes to Financial Statements.
21

THE DFA INVESTMENT TRUST COMPANY

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

STATEMENT OF ASSETS AND LIABILITIES

OCTOBER 31, 2008

(Amounts in thousands)

ASSETS:
Investments at Value (including $321,044 of securities on loan)	$	2,124,656
Temporary Cash Investments at Value & Cost		48,981
Collateral Received from Securities on Loan at Value & Cost		329,276
Receivables:
Investment Securities Sold		1,435
Dividends and Interest		4,286
Fund Shares Sold		13,792
Securities Lending Income		803
Fund Margin Variation		16
Prepaid Expenses and Other Assets		3
Total Assets		2,523,248
LIABILITIES:
Payables:
Upon Return of Securities Loaned		329,276
Fund Shares Redeemed		2,724
Due to Advisor		384
Accrued Expenses and Other Liabilities		140
Total Liabilities		332,524
NET ASSETS	$	2,190,724
Investments at Cost	$	2,599,641

See accompanying Notes to Financial Statements.
22

THE DFA INVESTMENT TRUST COMPANY

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Dividends	$	64,864		$	69,825
Interest		683			1,231
Income from Securities Lending		4,753			1,392
Total Investment Income		70,300			72,448
Expenses
Investment Advisory Services Fees		6,098			7,949
Accounting & Transfer Agent Fees		318			407
Custodian Fees		62			69
Shareholders' Reports		21			19
Directors'/Trustees' Fees & Expenses		—			32
Professional Fees		61			61
Other		36			27
Total Expenses		6,596			8,564
Net Investment Income (Loss)		63,704			63,884
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		(152,733	)		197,904
Futures		(2,752	)		—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities		(1,321,745	)		(257,139	)
Futures		16			—
Net Realized and Unrealized Gain (Loss)		(1,477,214	)		(59,235	)
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(1,413,510	)	$	4,649

See accompanying Notes to Financial Statements.
23

THE DFA INVESTMENT TRUST COMPANY

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	63,704		$	63,884		$	48,576
Net Realized Gain (Loss) on:
Investment Securities Sold		(152,733	)		197,904			76,342
Futures		(2,752	)		—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities		(1,321,745	)		(257,139	)		364,679
Futures		16			—			—
Net Increase (Decrease) in Net Assets Resulting from Operations		(1,413,510	)		4,649			489,597
Transactions in Interest:
Contributions		457,034			478,784			604,686
Withdrawals		(711,380	)		(146,412	)		(49,111	)
Net Increase (Decrease) from Transactions in Interest		(254,346	)		332,372			555,575
Total Increase (Decrease) in Net Assets		(1,667,856	)		337,021			1,045,172
Net Assets
Beginning of Period		3,858,580			3,521,559			2,476,387
End of Period	$	2,190,724		$	3,858,580		$	3,521,559

See accompanying Notes to Financial Statements.
24

THE DFA INVESTMENT TRUST COMPANY

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

FINANCIAL HIGHLIGHTS

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Total Return		(37.44	)%(C)		0.67	%		17.70	%		16.44	%		20.49	%		22.88	%
Net Assets, End of Period (thousands)	$	2,190,724		$	3,858,580		$	3,521,559		$	2,476,387		$	1,702,613		$	1,085,233
Ratio of Expenses to Average Net Assets		0.22	%(B)		0.22	%		0.22	%		0.24	%		0.25	%		0.25	%
Ratio of Net Investment Income to Average Net Assets		2.09	%(B)		1.61	%		1.63	%		1.52	%		1.14	%		0.61	%
Portfolio Turnover Rate		40	%(C)		21	%		21	%		12	%		5	%		6	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
25

THE DFA INVESTMENT TRUST COMPANY

THE TAX-MANAGED U.S. MARKETWIDE VALUE SERIES

NOTES TO FINANCIAL STATEMENTS

A. Organization:

The DFA Investment Trust Company (the "Trust") is an open-end management investment company registered under the Investment Company Act of 1940. The Trust consists of eighteen series, of which The Tax-Managed U.S. Marketwide Value Series (the "Series") is presented in this report.

At a regular meeting of the Board of Directors/Trustees (the "Board") on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Series from November 30 to October 31.

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America. Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates and those differences could be material.

Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Series' own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Series' net assets as of October 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)								Other Financial Instruments (Unrealized Appreciation/ Depreciation)*
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
The Tax-Managed U.S. Marketwide Value Series	$	2,163,005	$	339,908		—	$	2,502,913	$	16		—		—	$	16

2. Deferred Compensation Plan: Each eligible Trustee of the Trust may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Trustees may defer payment of all or a portion of their total fees earned as a Trustee. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealize d appreciation (depreciation) and income, are included in Other Expenses for the period ended October 31, 2008 and are included in Directors'/Trustees' Fees & Expenses for the year ended November 30, 2007. At October 31, 2008, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities in the amount of $49 (in thousands).

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities are on the basis of identified cost sold. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. The Series estimates the character of distributions received that may be considered return of capital distributions. Interest income is recorded on the accrual basis. Discount and premium on securities purchased are amortized over the lives of the respective securities utilizing the effective interest method. Expenses direc tly attributable to a Series are directly charged. Common expenses of the Trust are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

Dimensional Fund Advisors LP ("Dimensional" or the "Advisor") provides investment advisory services to the Series. For the period ended October 31, 2008, the Series' investment advisory services fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.20% of average daily net assets.

Fees Paid to Officers and Directors/Trustees:

Certain Officers and Directors/Trustees of the Advisor are also Officers and Directors/Trustees of the Trust; however, such Officers and Directors/Trustees (with the exception of the Chief Compliance Officer ("CCO")) receive no compensation from the Trust. For the six months ended October 31, 2008, the total related amounts paid by the Trust to the CCO were $106 (in thousands). The total related amounts paid by the Series are included in Other Expenses on the Statement of Operations.

D. Purchases and Sales of Securities:

For the period ended October 31, 2008, the Series made the following purchases and sales of investment securities, other than short-term securities and U.S. government securities (amounts in thousands):

Purchases				$	1,315,564
Sales					1,500,370

There were no purchases or sales of long-term U.S. government securities.

E. Federal Income Tax:

No provision for federal income taxes is required since the Series is treated as a partnership for federal income tax purposes. Any net investment income and net realized and unrealized gains and losses have been deemed to have been "passed through" to its partners.

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	2,979,112			$	243,751			$	(719,950	)		$	(476,199	)

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes." This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Series' tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2005 through the period ended October 31, 2008), for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Series' financial statements.

F. Financial Instruments:

In accordance with the Series investment objective and policies, the Series may invest in certain financial instruments that have off-balance sheet risk in excess of the amounts recognized in the financial statements and concentrations of credit and market risk. These instruments and their significant corresponding risks are described below:

1. Repurchase Agreements: The Series may purchase money market instruments subject to the counterparty's agreement to repurchase them at an agreed upon date and price. The counterparty will be required on a daily basis to maintain the value of the collateral subject to the agreement at not less than the repurchase price (including accrued interest). The agreements are conditioned upon the collateral being deposited under the Federal Reserve book-entry system or with the Trust's custodian or a third party sub-custodian. In the event of default or bankruptcy by the other party to the agreement, retention of the collateral may be subject to legal proceedings. All open repurchase agreements were entered into on October 31, 2008.

2. Futures Contracts: During the period ended October 31, 2008, the Series entered into futures contracts in accordance with its investment objectives. Upon entering into a futures contract, the Series deposits cash or pledges U.S. Government securities to a broker, equal to the minimum "initial margin" requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as "variation margin" and are recorded daily by the Series as unrealized gains or losses until the contracts are closed. When the contracts

are closed, the Series records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

At October 31, 2008, the Series had outstanding 130 long futures contracts of the S&P 500 Index^®, all of which expire on December 19, 2008. The value of such contracts on October 31, 2008 was $31,437 (in thousands), which resulted in an unrealized gain of $16 (in thousands). Approximately $3,218 (in thousands) of cash has been segregated as collateral for the open futures contracts and has been accounted for as cash on the Statement of Assets and Liabilities.

G. Line of Credit:

For the period ended October 31, 2008, borrowings by the Series under this line of credit were as follows (amounts in thousands, except percentages and days):

Weighted Average Interest Rate				Weighted Average Loan Balance				Number of Days Outstanding				Interest Expense Incurred				Maximum Amount Borrowed During the Period
	3.42	%		$	11,534				26			$	29			$	36,949

There were no outstanding borrowings by the Series under this line of credit at October 31, 2008.

H. Securities Lending:

such collateral insufficiency is not the result of investment losses, the lending agent has agreed to pay the amount of the shortfall to the Series or, at the option of the lending agent, to replace the securities.

Subject to the Series' investment policy, the cash collateral received by the Series from securities on loan is invested in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies or shares of the DFA Short Term Investment Fund LP. Agencies include both agency debentures and agency mortgage backed securities. In addition, the Series will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible to be taxed at qualified dividend income rates.

I. Indemnitees; Contractual Obligations:

Under the Trust's organizational documents, its officers and trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust.

J. Recently Issued Accounting Standards and Interpretation:

In March 2008, Statement of Financial Accounting Standards No. 161, Disclosures about Derivative Instruments and Hedging Activities ("FAS 161"), was issued and is effective for fiscal years beginning after November 15, 2008. FAS 161 defines new disclosures of derivative instruments and hedging activities. Management is currently evaluating the implications of FAS 161. At this time, its impact on the Series' financial statements has not been determined.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders of The Tax-Managed U.S. Marketwide Value Series and
Board of Trustees of The DFA Investment Trust Company:

In our opinion, the accompanying statements of assets and liabilities, including the summary schedules of portfolio holdings, and the related statements of operations and of changes in net assets and the financial highlights presents fairly, in all material respects, the financial position of The Tax-Managed U.S. Marketwide Value Series (one of the portfolios constituting The DFA Investment Trust Company, hereafter referred to as the "Series") at October 31, 2008, the results of its operations, the changes in its net assets and the financial highlights for each of the periods indicated, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Series' management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audi ts of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at October 31, 2008 by correspondence with the custodian and brokers, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania
December 22, 2008

FUND MANAGEMENT

Trustees/Directors

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

Disinterested Trustees/Directors

George M. Constantinides
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue Chicago, IL 60637
Age: 61

DFAITC - since 1993
DFAIDG - since 1983
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Leo Melamed Professor of Finance, The University of Chicago Booth School of Business.

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

John P. Gould
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue
Chicago, IL 60637
Age: 69

DFAITC - since 1993
DFAIDG - since 1986
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Roger G. Ibbotson
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Yale School of Management
P.O. Box 208200
New Haven, CT 06520-8200
Age: 65

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Robert C. Merton
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Harvard Business School
353 Baker Library
Soldiers Field
Boston, MA 02163
Age: 64

DFAITC - since 2003
DFAIDG - since 2003
DIG - since 2003
DEM - since 2003

96 portfolios in 4 investment companies

Myron S. Scholes
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Platinum Grove Asset Management, L.P.
Reckson Executive Park
1100 King Street
Building 4
Rye Brook, NY 10573
Age: 67

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Abbie J. Smith
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue
Chicago, IL 60637
Age: 55

DFAITC - since 2000
DFAIDG - since 2000
DIG - since 2000
DEM - since 2000

96 portfolios in 4 investment companies

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

Interested Trustees/Directors*

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1992
DEM - since 1993

96 portfolios in 4 investment companies

Rex A. Sinquefield
The Show Me Institute
7777 Bonhomme Ave.,
Suite 2150 St. Louis, MO 63105
Age: 64

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1992
DEM - since 1993

96 portfolios in 4 investment companies

¹ Each Trustee/Director holds office for an indefinite term until his or her successor is elected and qualified.

² Each Trustee/Director is a director or trustee of each of the four registered investment companies within the DFA Fund Complex, which includes the Funds.

Officers

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
		Officers

April A. Aandal Vice President Age: 35	Since 2008	Vice President of all the DFA Entities.

Darryl D. Avery Vice President Age: 42	Since 2005	Vice President of all the DFA Entities. From June 2002 to January 2005, institutional client service representative of Dimensional.

Arthur H. Barlow Vice President Age: 52	Since 1993	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Scott A. Bosworth Vice President Age: 39	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since November 1997).

Valerie A. Brown Vice President and Assistant Secretary Age: 41	Since 2001	Vice President and Assistant Secretary of all the DFA Entities, DFA Australia Limited, Dimensional Fund Advisors Ltd., and since June 2003, Dimensional Fund Advisors Canada Inc.

David P. Butler Vice President Age: 44	Since 2007	Vice President of all the DFA Entities. Director of US Financial Services of Dimensional (since January 2005). Formerly, Regional Director of Dimensional Fund Advisors LP (January 1995 to January 2005).

Patrick Carter Vice President Age: 46	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since March 2006). Formerly, Director of Merrill Lynch Retirement Group (December 1998 to March 2006).

Stephen A. Clark Vice President Age: 36	Since 2004	Vice President of all the DFA Entities, April 2001 to April 2004, Portfolio Manager of Dimensional.

Robert P. Cornell Vice President Age: 59	Since 2007	Vice President of all the DFA Entities. Regional Director of Financial Services Group of Dimensional (since August 1993).

Christopher S. Crossan Vice President and Chief Compliance Officer Age: 42	Since 2004	Vice President and Chief Compliance Officer of all the DFA Entities. Formerly, Senior Compliance Officer, INVESCO Institutional, Inc. and its affiliates (August 2000 to January 2004).

James L. Davis Vice President Age: 51	Since 1999	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Robert T. Deere Vice President Age: 51	Since 1994	Vice President of all the DFA Entities and DFA Australia Limited.

Robert W. Dintzner Vice President Age: 38	Since 2001	Vice President of all the DFA Entities. Prior to April 2001, marketing supervisor and marketing coordinator for Dimensional.

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Kenneth Elmgren Vice President Age: 54	Since 2007	Vice President of all the DFA Entities. Formerly, Managing Principal of Beverly Capital (May 2004 to September 2006); Principal of Wydown Capital (September 2001 to May 2004).

Richard A. Eustice Vice President and Assistant Secretary Age: 43	Since 1998	Vice President and Assistant Secretary of all the DFA Entities and DFA Australia Limited. Formerly, Vice President of Dimensional Fund Advisors Ltd.

Eugene F. Fama, Jr. Vice President Age: 47	Since 1993	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Gretchen A. Flicker Vice President Age: 37	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, institutional client service representative of Dimensional.

Jed S. Fogdall Vice President Age: 34	Since 2008	Vice President of all the DFA Entities. Portfolio Manager for Dimensional (since September 2004). Prior to September 2004, Staff Engineer at the Boeing Company (1997-2004); Graduate Student at the University of California, Los Angeles (2002-2003).

Glenn S. Freed Vice President Age: 46	Since 2001	Vice President of all the DFA Entities.

Mark R. Gochnour Vice President Age: 41	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional.

Henry F. Gray Vice President Age: 41	Since 2000	Vice President of all the DFA Entities. Prior to July 2000, Portfolio Manager of Dimensional. Formerly, Vice President of DFA Australia Limited.

John T. Gray Vice President Age: 34	Since 2007	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (January 2005 to February 2007).

Darla Hastings Vice President Age: 53	Since 2007	Vice President of all the DFA Entities. Chief Marketing Officer of Dimensional. Formerly, Senior Vice President, Customer Experience for Benchmark Assisted Living (May 2005 to April 2006); Executive Vice President and Chief Marketing Officer of State Street Corporation (September 2001 to October 2005).

Joel H. Hefner Vice President Age: 40	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since June 1998).

Julie Henderson Vice President and Fund Controller Age: 34	Since 2005	Vice President and Fund Controller of all the DFA Entities. Formerly, Senior Manager at PricewaterhouseCoopers LLP (July 1996 to April 2005).

Kevin Hight Vice President Age: 40	Since 2005	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (since March 2003 to March 2005).

Christine W. Ho Vice President Age: 40	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Assistant Controller of Dimensional.

Jeff J. Jeon Vice President Age: 34	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Counsel of Dimensional.

Patrick M. Keating Vice President Age: 53	Since 2003	Vice President of all the DFA Entities and Chief Operating Officer of Dimensional. Director, Vice President and Chief Privacy Officer of Dimensional Fund Advisors Canada Inc. Director of DFA Australia Limited.

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Joseph F. Kolerich Vice President Age: 36	Since 2004	Vice President of all the DFA Entities. From April 2001 to April 2004, Portfolio Manager for Dimensional.

Michael F. Lane Vice President Age: 41	Since 2004	Vice President of all the DFA Entities. Formerly, Vice President of Advisor Services at TIAA-CREF (July 2001 to September 2004).

Kristina M. LaRusso Vice President Age: 33	Since 2006	Vice President of all DFA Entities. Formerly, Operations Supervisor of Dimensional (March 2003 to December 2006).

Inmoo Lee Vice President Age: 42	Since 2007	Vice President of all the DFA Entities. Associate Professor Department of Finance and Accounting, Business School, National University of Singapore (July 2004 to present); Associate Professor, College of Business Administration, Korea University (September 2001 to May 2006).

Juliet Lee Vice President Age: 37	Since 2005	Vice President of all the DFA Entities. Human Resources Manager of Dimensional (since January 2004). Formerly, Assistant Vice President for Metropolitan West Asset Management LLC (February 2001 to December 2003).

Aaron M. Marcus Vice President & Head of Global Human Resources Age: 38	Since 2008	Vice President and Head of Global Human Resources of Dimensional. Formerly, Global Head of Recruiting and Vice President of Goldman Sachs & Co. (June 2006 to January 2008); Global Co-Head of HR of the Equities & FICC Division, and Vice President of Goldman Sachs & Co. (May 2005 to May 2006); Head of Americas Campus Recruiting and Vice President of Goldman Sachs & Co. (April 2003 to May 2005).

David R. Martin Vice President, Chief Financial Officer and Treasurer Age: 51	Since 2007	Vice President, Chief Financial Officer and Treasurer of all the DFA Entities. Director, Vice President, Chief Financial Officer and Treasurer of Dimensional Fund Advisors Ltd. and DFA Australia Limited. Chief Financial Officer, Treasurer, and Vice President of Dimensional Fund Advisors Canada Inc. Director of Dimensional Funds PLC and Dimensional Funds II PLC. Formerly, Executive Vice President and Chief Financial Officer of Janus Capital Group Inc. (June 2005 to March 2007); Senior Vice President of Finance at Charles Schwab & Co., Inc. (March 1999 to May 2005).

Catherine L. Newell Vice President and Secretary Age: 44	Vice President since 1997 and Secretary since 2000	Vice President and Secretary of all the DFA Entities. Director, Vice President and Assistant Secretary of DFA Australia Limited (since February 2002, April 1997 and May 2002, respectively). Vice President and Secretary of Dimensional Fund Advisors Canada Inc. (since June 2003). Director, Dimensional Funds PLC and Dimensional Funds II PLC (since January 2002). Formerly, Assistant Secretary of all DFA Entities and Dimensional Fund Advisors Ltd.

Gerard K. O'Reilly Vice President Age: 31	Since 2007	Vice President of all the DFA Entities. Formerly, Research Associate of Dimensional Fund Advisors LP (2004 to 2006); Research Assistant in PhD program, Aeronautics Department California Institute of Technology (1998 to 2004).

Carmen Palafox Vice President Age: 34	Since 2006	Vice President of all the DFA Entities. Operations Manager of Dimensional Fund Advisors LP (since May 1996).

Sonya Park Vice President Age: 36	Since 2005	Vice President of all the DFA Entities. From February 2002 to January 2005, institutional client service representative of Dimensional.

David A. Plecha Vice President Age: 47	Since 1993	Vice President of all the DFA Entities, DFA Australia Limited and Dimensional Fund Advisors Ltd..

Ted Randall Vice President Age: 35	Since 2008	Vice President of all the DFA Entities. Formerly, Research Associate of Dimensional (2006-2008). Systems Developer of Dimensional (2001-2006).

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Eduardo A. Repetto Vice President and Chief Investment Officer Age: 41	Since 2002	Chief Investment Officer (beginning March 2007) and Vice President of all the DFA Entities, DFA Australia Limited and Dimensional Fund Advisors Canada Inc. Formerly, Research Associate for Dimensional (June 2000 to April 2002).

L. Jacobo Rodriguez Vice President Age: 37	Since 2005	Vice President of all the DFA Entities. From August 2004 to July 2005, institutional client service representative of Dimensional. Formerly, Financial Services Analyst, Cato Institute (September 2001 to June 2004); Book Review Editor, Cato Journal, Cato Institute (May 1996 to June 2004).

David E. Schneider Vice President Age: 62	Since 2001	Vice President of all the DFA Entities. Currently, Director of Institutional Services.

Ted R. Simpson Vice President Age: 40	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since December 2002).

Bryce D. Skaff Vice President Age: 33	Since 2007	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (December 1999 to January 2007).

Grady M. Smith Vice President Age: 51	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Portfolio Manager of Dimensional.

Carl G. Snyder Vice President Age: 45	Since 2000	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited.

Lawrence R. Spieth Vice President Age: 60	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Regional Director of Dimensional.

Bradley G. Steiman Vice President Age: 35	Since 2004	Vice President of all the DFA Entities and Director and Vice President of Dimensional Fund Advisors Canada Inc.

Karen E. Umland Vice President Age: 42	Since 1997	Vice President of all the DFA Entities, DFA Australia Limited, Dimensional Fund Advisors Ltd., and since June 2003, Dimensional Fund Advisors Canada Inc.

Carol W. Wardlaw Vice President Age: 49	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Regional Director of Dimensional.

Weston J. Wellington Vice President Age: 57	Since 1997	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited.

Daniel M. Wheeler Vice President Age: 63	Since 2001	Vice President of all the DFA Entities. Prior to 2001 and currently, Director of Financial Advisors Services of Dimensional. Director of Dimensional Fund Advisors Ltd. (since October 2003) and President of Dimensional Fund Advisors Canada Inc. (since June 2003).

Ryan Wiley Vice President Age: 32	Since 2007	Vice President of all the DFA Entities. Senior Trader of Dimensional. Formerly, Portfolio Manager (2006 to 2007); Trader (2001 to 2006).

Paul E. Wise Vice President Age: 53	Since 2005	Vice President of all the DFA Entities. Chief Technology Officer for Dimensional (since 2004). Formerly, Principal of Turnbuckle Management Group (January 2002 to August 2004).

¹ Each officer holds office for an indefinite term at the pleasure of the Boards of Trustee/Directors and until his or her successor is elected and qualified.

VOTING PROXIES ON FUND PORTFOLIO SECURITIES

NOTICE TO SHAREHOLDERS

(Unaudited)

For shareholders that do not have an October 31, 2008 tax year end, this notice is for informational purposes only. For shareholders with an October 31, 2008 tax year end, please consult your tax advisor as to the pertinence of this notice. For the period December 1, 2006 to October 31, 2008, the portfolio is designating the following items with regard to distributions paid during the period.

Dimensional Investment Group Inc.				Net Investment Income Distributions				Long-Term Capital Gain Distributions				Total Distributions				Qualifying For Corporate Dividends Received Deduction(1)				Qualifying Dividend Income(2)				Qualifying Interest Income(3)				Qualifying Short-Term Capital Gain(4)
Tax-Managed U.S. Marketwide Value Portfolio II					30	%			70	%			100	%			92	%			81	%			2	%			—

(2) The percentage in this column represents the amount of "Qualifying Dividend Income" as created by the Jobs and Growth Tax Relief Reconciliation Act of 2003 and is reflected as a percentage of ordinary income distributions (the total of short term capital gain and net investment income distributions). It is the intention of each of the aforementioned funds to designate the maximum amount permitted by law.

DFA103108-008A

DIMENSIONAL INVESTMENT GROUP INC.

DFA International Value Portfolio II

Annual Report

Period Ended October 31, 2008

Dimensional Fund Advisors
6300 Bee Cave Road, Building One
Austin, TX 78746

December 2008

Dear Fellow Shareholder,

All of us at Dimensional take our job as the steward of your assets very seriously and hope to have the opportunity to serve you for many years to come.

Sincerely,

David G. Booth
Chairman and Chief Executive Officer

[THIS PAGE INTENTIONALLY LEFT BLANK]

ANNUAL REPORT

Table of Contents

Letter to Shareholder	Page
Definitions of Abbreviations and Footnotes		1

Dimensional Investment Group Inc. — DFA International Value Portfolio II

Performance Chart		2

Management's Discussion and Analysis		3

Disclosure of Fund Expenses		5

Disclosure of Portfolio Holdings		6

Statement of Assets and Liabilities		7

Statements of Operations		8

Statements of Changes in Net Assets		9

Financial Highlights		10

Notes to Financial Statements		11

Report of Independent Registered Public Accounting Firm		16

The DFA Investment Trust Company — The DFA International Value Series

Performance Chart		17

Disclosure of Fund Expenses		18

Disclosure of Portfolio Holdings		19

Summary Schedule of Portfolio Holdings		20

Statement of Assets and Liabilities		23

Statements of Operations		24

Statements of Changes in Net Assets		25

Financial Highlights		26

Notes to Financial Statements		27

Report of Independent Registered Public Accounting Firm		34

Fund Management		35

Voting Proxies on Fund Portfolio Securities		42

Notice to Shareholders		43

This report is submitted for the information of the Fund's shareholders. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.

[THIS PAGE INTENTIONALLY LEFT BLANK]

DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Statement of Assets and Liabilities/Summary Schedule of Portfolio Holdings

Investment Abbreviations

ADR American Depositary Receipt

FHLMC Federal Home Loan Mortgage Corporation

Investment Footnotes

† See Note B to Financial Statements.

†† Securities have generally been fair valued. See Note B to Financial Statements.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

@ Security purchased with cash proceeds from Securities on Loan.

§ Affiliated Fund.

Financial Highlights

(A) Computed using average shares outstanding.

(B) Annualized

(D) Represents the combined ratios for the respective portfolio and its respective pro-rata share of its Master Fund Series.

All Statements and Schedules

— Amounts designated as — are either zero or rounded to zero.

SEC Securities and Exchange Commission

DIMENSIONAL INVESTMENT GROUP INC.
PERFORMANCE CHART

DIMENSIONAL INVESTMENT GROUP INC.
MANAGEMENT'S DISCUSSION AND ANALYSIS

International Equity Market Review 11 Months Ended October 31, 2008

Total Returns for 11 Months Ended October 31, 2008

Ten Largest Foreign Developed Markets by Market Cap (BB)	Local Currency Return			U.S. Dollar Return
Japan ($2,111)		–43.55	%		–36.33	%
United Kingdom ($1,758)		–29.61	%		–44.68	%
France ($872)		–36.80	%		–45.40	%
Canada ($786)		–25.69	%		–38.91	%
Germany ($705)		–37.97	%		–46.42	%
Switzerland ($704)		–30.05	%		–32.39	%
Australia ($513)		–35.10	%		–51.58	%
Spain ($331)		–40.19	%		–48.33	%
Italy ($301)		–43.34	%		–51.06	%
Netherlands ($206)		–41.65	%		–49.59	%

Small company stocks were the poorest-performing asset classes in international markets, while large company growth stocks had the best relative results.

Total Returns for 11 Months Ended October 31, 2008

	U.S. Dollar Return
MSCI World ex USA Small Cap Index		–50.30	%
MSCI World ex USA Value Index		–45.31	%
MSCI World ex USA Index		–44.37	%
MSCI World ex USA Growth Index		–43.47	%

Master-Feeder Structure

International Equity Portfolio Performance Overview

DFA International Value Portfolio II

The DFA International Value Portfolio II seeks to capture the returns of international large company value stocks by purchasing shares of a Master Fund that invests in such stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to large cap value stocks, but does

not attempt to track closely a specific equity index. As of October 31, 2008, the Master Fund held approximately 530 stocks in 22 developed countries, and essentially was fully invested in equities throughout the year: average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Master Fund's assets.

As a result of the Master Fund's diversified investment approach, performance principally was determined by broad structural trends in global equity markets, rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, growth stocks generally outperformed value stocks in international markets. Total returns were –44.81% for the MSCI EAFE Index (net dividends), –44.37% for the MSCI World ex US Index (net dividends), and –47.93% for the Portfolio. Relative to the MSCI World ex US Index (net dividends), the underperformance of the Portfolio was primarily due to the Master Fund's greater allocation to value stocks in general and financial stocks in particular, both of which underperformed the Index. Value stocks, which accounted for approximately 69% of the Master Fund compared to 28% of the Index, underperformed the Index by approximately 4 percentage points. Financials, which accounted for 44 % of the Master Fund compared to 25% of the Index, underperformed the Index by approximately 8 percentage points. A lower allocation to health care stocks, which accounted for less than 1% of the Master Fund compared to 6% of the Index and outperformed the Index by approximately 22 percentage points, also contributed to the underperformance.

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO II

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended October 31, 2008

EXPENSE TABLE

	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	555.10		0.28	%	$	1.09
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.73		0.28	%	$	1.42

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO II

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

Affiliated Investment Company

100.0

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO II

STATEMENT OF ASSETS AND LIABILITIES

OCTOBER 31, 2008

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investment in The DFA International Value Series of The DFA Investment Trust Company (Affiliated Investment Company) (9,924,891 Shares) at Value†	$	113,243
Receivables:
Affiliated Investment Company Shares Sold		144
Prepaid Expenses and Other Assets		10
Total Assets		113,397
LIABILITIES:
Payables:
Fund Shares Redeemed		144
Due to Advisor		1
Accrued Expenses and Other Liabilities		36
Total Liabilities		181
NET ASSETS	$	113,216
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		9,773,808
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	11.58
Investment in Affiliated Investment Company at Cost	$	163,103
NET ASSETS CONSIST OF:
Paid-In Capital	$	49,266
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		365
Accumulated Net Realized Gain (Loss)		63,585
NET ASSETS	$	113,216
(1) NUMBER OF SHARES AUTHORIZED		200,000,000

See accompanying Notes to Financial Statements.
7

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO II

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Income Distributions Received from Affiliated Investment Company	$	8,781		$	22,591
Expenses
Administrative Services Fees		30			74
Accounting & Transfer Agent Fees		16			22
Filing Fees		18			23
Shareholders' Reports		42			44
Directors'/Trustees' Fees & Expenses		(8	)		5
Professional Fees		11			18
Other		5			1
Total Expenses		114			187
Net Investment Income (Loss)		8,667			22,404
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Affiliated Investment Company		50,083			16,900
Net Realized Gain (Loss) on Affiliated Investment Company Shares Sold		82,444			(2,997	)
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		(311,807	)		73,136
Net Realized and Unrealized Gain (Loss)		(179,280	)		87,039
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(170,613	)	$	109,443

See accompanying Notes to Financial Statements.
8

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO II

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	8,667		$	22,404		$	16,780
Capital Gain Distributions Received from Affiliated Investment Company		50,083			16,900			9,872
Net Realized Gain (Loss) on Affiliated Investment Company Shares Sold		82,444			(2,997	)		(3,001	)
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		(311,807	)		73,136			117,975
Net Increase (Decrease) in Net Assets Resulting from Operations		(170,613	)		109,443			141,626
Distributions From:
Net Investment Income		(12,482	)		(20,432	)		(16,422	)
Net Short-Term Gains		(1,773	)		(1,258	)		(908	)
Net Long-Term Gains		(14,297	)		(8,778	)		(7,264	)
Total Distributions		(28,552	)		(30,468	)		(24,594	)
Capital Share Transactions (1):
Shares Issued		18,325			157,119			201,915
Shares Issued in Lieu of Cash Distributions		28,552			30,468			24,594
Shares Redeemed		(497,259	)		(125,013	)		(62,794	)
Net Increase (Decrease) from Capital Share Transactions		(450,382	)		62,574			163,715
Total Increase (Decrease) in Net Assets		(649,547	)		141,549			280,747
Net Assets
Beginning of Period		762,763			621,214			340,467
End of Period	$	113,216		$	762,763		$	621,214
(1) Shares Issued and Redeemed:
Shares Issued		948			6,917			10,794
Shares Issued in Lieu of Cash Distributions		1,356			1,362			1,405
Shares Redeemed		(24,678	)		(5,535	)		(3,424	)
		(22,374	)		2,744			8,775
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	365		$	3,680		$	1,708

See accompanying Notes to Financial Statements.
9

DIMENSIONAL INVESTMENT GROUP INC.
DFA INTERNATIONAL VALUE PORTFOLIO II
FINANCIAL HIGHLIGHTS
(for a share outstanding throughout each period)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	23.73		$	21.13		$	16.50		$	14.69		$	11.54		$	8.69
Income from Investment Operations
Net Investment Income (Loss)		0.54	(A)		0.70	(A)		0.65	(A)		0.48			0.25			0.18
Net Gains (Losses) (Realized and Unrealized)		(11.35	)		2.88			5.01			1.76			3.37			2.87
Total from Investment Operations		(10.81	)		3.58			5.66			2.24			3.62			3.05
Less Distributions
Net Investment Income		(0.84	)		(0.64	)		(0.64	)		(0.41	)		(0.44	)		(0.20	)
Net Realized Gains		(0.50	)		(0.34	)		(0.39	)		(0.02	)		(0.03	)		—
Total Distributions		(1.34	)		(0.98	)		(1.03	)		(0.43	)		(0.47	)		(0.20	)
Net Asset Value, End of Period	$	11.58		$	23.73		$	21.13		$	16.50		$	14.69		$	11.54
Total Return		(47.93	)%(C)		17.29	%		35.74	%		15.50	%		32.11	%		35.98	%
Net Assets,
End of Period (thousands)	$	113,216		$	762,763		$	621,214		$	340,467		$	189,176		$	69,220
Ratio of Expenses to Average Net Assets (D)		0.26	%(B)		0.25	%		0.27	%		0.31	%		0.37	%		0.40	%
Ratio of Net Investment Income to Average Net Assets		2.84	%(B)		3.02	%		3.41	%		3.06	%		1.98	%		2.41	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
10

DIMENSIONAL INVESTMENT GROUP INC.
DFA INTERNATIONAL VALUE PORTFOLIO II
NOTES TO FINANCIAL STATEMENTS

A. Organization:

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of fifteen portfolios, of which the DFA International Value Portfolio II (the "Portfolio") is presented in this report.

The Portfolio primarily invests its assets in The DFA International Value Series (the "Series"), a corresponding series of The DFA Investment Trust Company. At October 31, 2008, the Portfolio owned 2% of the outstanding shares of the Series. The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolio.

At a regular meeting of the Board of Directors/Trustees (the "Board") on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Portfolio from November 30 to October 31.

B. Significant Accounting Policies:

1. Security Valuation: The shares of the Series held by the Portfolio are valued at their respective daily net asset value.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

In September 2006, the Financial Accounting Standards Board issued FAS 157 effective for fiscal years beginning after November 15, 2007. This standard clarifies the definition of fair value for financial reporting, establishes a framework for measuring fair value and requires additional disclosures about the use of fair value measurements. The Fund has adopted FAS 157 as of December 1, 2007. The three levels of the fair value hierarchy under FAS 157 are described below:

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value of investments)

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
DFA International Value Portfolio II	$	113,243		—		—	$	113,243

2. Deferred Compensation Plan: Each eligible Director of the Fund may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized a ppreciation (depreciation) and income are included in Directors'/Trustees' Fees & Expenses. At October 31, 2008, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities in the amount of $5 (in thousands).

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of affiliated investment company shares are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received from investment in affiliated investment company that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. Expenses directly attributable to the Portfolio are directly charged. Common expenses of the Fund are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

Dimensional Fund Advisors LP ("Dimensional" or the "Advisor") provides administrative services to the Portfolio, including supervision of services provided by others, providing information to the shareholders and to the Board of Directors/Trustees, and other administrative services. The Advisor provides investment advisory services to the Series. For the period ended October 31, 2008, the Portfolio's administrative services fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.01% of average daily net assets.

Fees Paid to Officers and Directors/Trustees:

D. Federal Income Taxes:

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income, accumulated net realized gains or unrealized appreciation, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of October 31, 2008, primarily attributable

to a reclassification of distributions were classified to the following accounts. These reclassifications had no effect on net assets or net asset value per share (amounts in thousands):

Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains (Losses)
$	500			$	(500	)

The tax character of dividends and distributions declared and paid during the years November 30, 2006, November 30, 2007 and the period December 1, 2007 to October 31, 2008 were as follows (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
2006	$	17,330	$	7,264	$	24,594
2007		21,690		8,778		30,468
2008		13,755		14,797		25,552

At October 31, 2008, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):

Undistributed Net Investment Income and Short-Term Capital Gains				Undistributed Long-Term Capital Gains				Total Net Distributable Earnings (Accumulated Losses)
$	370			$	63,585			$	63,955

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2008, the Portfolio had no capital loss carryforwards available to offset future realized capital gains.

At October 31, 2008, the total cost and aggregate gross unrealized appreciation and (depreciation) of securities for federal income tax purposes were not materially different from amounts reported for financial reporting purposes (amounts in thousands):

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	113,197				—				—				—

E. Line of Credit:

interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 23, 2009. There were no borrowings by the Portfolio under this line of credit during the period ended October 31, 2008.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement of the line of credit expires on January 15, 2009. There were no borrowings by the Portfolio under this line of credit during the period ended October 31, 2008.

F. Indemnities; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund.

G. Recently Issued Accounting Standards and Interpretation:

H. Other:

At October 31, 2008, two shareholders held 100% of the outstanding shares of the Portfolio.

I. Subsequent Event Note:

The master fund had book/tax differences upon its deemed liquidation. The following summary of permanent differences occurred as of the respective effective "Check the Box" election date.

Increase (Decrease) Paid-in Capital				Unrealized Appreciation (Depreciation) Investment Securities				Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains(Losses)
$	(2,187,614,395	)		$	2,319,051,847			$	(602,214	)		$	(130,835,238	)

	Unrealized Appreciation (Depreciation) Investment Securities			Increase (Decrease) Accumulated Net Realized Gains(Losses)
DFA International Value Portfolio	$	1,598,039,236		$	(1,598,039,236	)
DFA International Value Portfolio II		49,859,737			(49,859,737	)
DFA International Value Portfolio III		155,866,882			(155,866,882	)
DFA International Value Portfolio IV		82,052,198			(82,052,198	)
LWAS/DFA International High Book To Market Portfolio		(19,800,535	)		19,800,535

For financial reporting purposes, this transaction had no impact on the net assets of the respective funds.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders of DFA International Value Portfolio II and
Board of Directors of Dimensional Investment Group Inc.:

In our opinion, the accompanying statement of assets and liabilities, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of DFA International Value Portfolio II (one of the portfolios constituting Dimensional Investment Group Inc., hereafter referred to as the "Portfolio") at October 31, 2008, the results of its operations, the changes in its net assets and the financial highlights for each of the periods indicated, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Portfolio's management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the s tandards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at October 31, 2008 by correspondence with the transfer agent of the investee fund, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania
December 22, 2008

DIMENSIONAL INVESTMENT GROUP INC.
PERFORMANCE CHART

THE DFA INVESTMENT TRUST COMPANY

THE DFA INTERNATIONAL VALUE SERIES

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual fund return

Hypothetical example for comparison purposes

Six Months Ended October 31, 2008

EXPENSE TABLE

	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	555.50		0.23	%	$	0.90
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.98		0.23	%	$	1.17

THE DFA INVESTMENT TRUST COMPANY

THE DFA INTERNATIONAL VALUE SERIES

DISCLOSURE OF PORTFOLIO HOLDINGS

(Unaudited)

PORTFOLIO HOLDINGS

Consumer Discretionary				Consumer Staples				Energy				Financials				Health Care				Industrials				Information Technology				Materials				Telecommunication Services				Utilities				Total
	12.2	%			5.1	%			5.5	%			41.4	%			0.5	%			10.0	%			3.6	%			9.3	%			9.0	%			3.4	%			100.0	%

THE DFA INTERNATIONAL VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value††		Percentage of Net Assets**
AUSTRALIA — (4.7%)
COMMON STOCKS — (4.7%)
Australia & New Zealand Banking Group, Ltd.		3,302,749	$	38,716,458		0.8	%
Commonwealth Bank of Australia		2,119,091		57,926,994		1.2	%
# National Australia Bank, Ltd.		3,087,538		50,098,709		1.1	%
Other Securities				107,641,792		2.3	%
TOTAL — AUSTRALIA				254,383,953		5.4	%
AUSTRIA — (0.5%)
COMMON STOCKS — (0.5%)
Other Securities				28,305,261		0.6	%
BELGIUM — (0.5%)
COMMON STOCKS — (0.5%)
Other Securities				29,328,450		0.6	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				256		0.0	%
TOTAL — BELGIUM				29,328,706		0.6	%
CANADA — (5.9%)
COMMON STOCKS — (5.9%)
# Barrick Gold Corp.		1,226,832		28,052,344		0.6	%
# EnCana Corp.		560,598		28,478,732		0.6	%
Petro-Canada		1,205,300		30,140,000		0.6	%
Sun Life Financial, Inc.		1,262,400		29,693,056		0.6	%
Other Securities				200,692,451		4.4	%
TOTAL — CANADA				317,056,583		6.8	%
DENMARK — (0.9%)
COMMON STOCKS — (0.9%)
Other Securities				46,987,354		1.0	%
FINLAND — (1.0%)
COMMON STOCKS — (1.0%)
Other Securities				52,418,538		1.1	%
FRANCE — (8.5%)
COMMON STOCKS — (8.5%)
# AXA SA		2,818,397		53,842,817		1.2	%
# BNP Paribas SA		1,558,158		112,501,123		2.4	%
# Compagnie de Saint-Gobain		580,915		22,415,677		0.5	%
Vivendi SA		2,482,257		64,884,026		1.4	%
Other Securities				208,936,536		4.3	%
TOTAL — FRANCE				462,580,179		9.8	%
GERMANY — (8.8%)
COMMON STOCKS — (8.8%)
Allianz SE		442,712		33,313,833		0.7	%
# Daimler AG		1,684,003		57,854,323		1.2	%
# Deutsche Bank AG		774,190		28,921,349		0.6	%
# Deutsche Telekom AG		2,621,866		38,930,629		0.8	%
Deutsche Telekom AG Sponsored ADR		2,705,150		40,171,477		0.9	%
E.ON AG		1,781,013		68,160,893		1.5	%
# E.ON AG Sponsored ADR		1,091,708		41,484,904		0.9	%

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
Munchener Rueckversicherungs-Gesellschaft AG		388,934	$	50,491,309		1.1	%
Other Securities				114,673,630		2.4	%
TOTAL — GERMANY				474,002,347		10.1	%
GREECE — (0.3%)
COMMON STOCKS — (0.3%)
Other Securities				14,142,756		0.3	%
HONG KONG — (2.5%)
COMMON STOCKS — (2.5%)
# Cheung Kong Holdings, Ltd.		3,224,000		30,955,317		0.7	%
Hutchison Whampoa, Ltd.		5,472,000		29,569,976		0.6	%
Sun Hung Kai Properties, Ltd.		2,528,000		22,148,070		0.5	%
Other Securities				54,353,926		1.1	%
TOTAL — HONG KONG				137,027,289		2.9	%
IRELAND — (0.3%)
COMMON STOCKS — (0.3%)
Other Securities				16,882,601		0.4	%
ITALY — (1.9%)
COMMON STOCKS — (1.9%)
UniCredito Italiano SpA		10,088,794		24,697,595		0.5	%
Other Securities				78,187,153		1.7	%
TOTAL — ITALY				102,884,748		2.2	%
JAPAN — (13.3%)
COMMON STOCKS — (13.3%)
FUJIFILM Holdings Corp.		1,077,300		24,799,840		0.5	%
Hitachi, Ltd.		6,574,000		30,865,283		0.7	%
Tokio Marine Holdings, Inc.		1,457,311		44,952,061		1.0	%
Other Securities				621,977,287		13.2	%
TOTAL — JAPAN				722,594,471		15.4	%
NETHERLANDS — (3.5%)
COMMON STOCKS — (3.5%)
# ArcelorMittal		1,877,993		48,755,658		1.0	%
ING Groep NV		3,093,625		29,019,312		0.6	%
Koninklijke Philips Electronics NV		3,192,970		59,005,541		1.3	%
Other Securities				50,984,660		1.1	%
TOTAL — NETHERLANDS				187,765,171		4.0	%
NEW ZEALAND — (0.1%)
COMMON STOCKS — (0.1%)
Other Securities				7,460,246		0.2	%
NORWAY — (0.8%)
COMMON STOCKS — (0.8%)
Other Securities				42,910,368		0.9	%
PORTUGAL — (0.1%)
COMMON STOCKS — (0.1%)
Other Securities				6,541,713		0.1	%
SINGAPORE — (1.1%)
COMMON STOCKS — (1.1%)
Other Securities				57,732,771		1.2	%
SPAIN — (4.2%)
COMMON STOCKS — (4.2%)
# Banco Santander Central Hispano SA		7,025,356		75,980,397		1.6	%
# Banco Santander SA Sponsored ADR		3,044,700		32,700,078		0.7	%
Repsol YPF SA		1,204,043		22,895,968		0.5	%

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
Repsol YPF SA Sponsored ADR		1,285,700	$	24,582,584		0.5	%
Other Securities				68,834,633		1.5	%
TOTAL — SPAIN				224,993,660		4.8	%
SWEDEN — (2.4%)
COMMON STOCKS — (2.4%)
# Nordea Bank AB		4,247,718		34,046,034		0.7	%
Other Securities				94,071,267		2.0	%
TOTAL — SWEDEN				128,117,301		2.7	%
SWITZERLAND — (5.9%)
COMMON STOCKS — (5.9%)
* Compagnie Financiere Richemont SA Series A		1,125,900		23,669,433		0.5	%
Credit Suisse Group AG		1,755,349		65,639,295		1.4	%
# Credit Suisse Group AG Sponsored ADR		591,859		22,135,527		0.5	%
Holcim, Ltd.		435,033		24,709,544		0.5	%
Swiss Re		725,996		30,276,699		0.6	%
Zurich Financial SVCS AG		300,246		60,913,201		1.3	%
Other Securities				92,813,720		2.0	%
TOTAL — SWITZERLAND				320,157,419		6.8	%
UNITED KINGDOM — (17.2%)
COMMON STOCKS — (17.2%)
Anglo American P.L.C.		1,329,421		33,356,819		0.7	%
Aviva P.L.C.		6,571,996		39,201,982		0.8	%
# Barclays P.L.C. Sponsored ADR		2,197,790		23,670,198		0.5	%
# HSBC Holdings P.L.C. Sponsored ADR		2,176,243		128,398,337		2.7	%
Kingfisher P.L.C.		12,172,495		22,467,306		0.5	%
Royal Dutch Shell P.L.C. ADR		1,294,780		71,588,386		1.5	%
RSA Insurance Group P.L.C.		12,939,111		28,774,426		0.6	%
Vodafone Group P.L.C.		56,881,367		109,423,488		2.3	%
Vodafone Group P.L.C. Sponsored ADR		6,370,018		122,750,247		2.6	%
William Morrison Supermarkets P.L.C.		6,906,878		29,409,035		0.6	%
Other Securities				324,025,564		7.1	%
TOTAL — UNITED KINGDOM				933,065,788		19.9	%
	Face Amount		Value†
	(000)
TEMPORARY CASH INVESTMENTS — (1.6%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $92,080,000 FHLMC 4.50%, 05/01/23, valued at $87,591,100) to be repurchased at $86,299,760	$	86,293		86,293,000		1.8	%
	Shares
SECURITIES LENDING COLLATERAL — (14.0%)
§@ DFA Short Term Investment Fund LP		757,347,231		757,347,231		16.1	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securities 0.25%, 11/03/08 (Collateralized by $3,471,793 FHLMC 7.000%, 08/01/37, valued at $2,958,290) to be repurchased at $2,900,344	$	2,900		2,900,284		0.1	%
TOTAL SECURITIES LENDING COLLATERAL				760,247,515		16.2	%
TOTAL INVESTMENTS — (100.0%) (Cost $7,723,320,604)			$	5,413,879,738		115.2	%

See accompanying Notes to Financial Statements.
22

THE DFA INVESTMENT TRUST COMPANY

THE DFA INTERNATIONAL VALUE SERIES

STATEMENT OF ASSETS AND LIABILITIES

OCTOBER 31, 2008

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investments at Value (including $717,470 of securities on loan)	$	4,567,339
Temporary Cash Investments at Value & Cost		86,293
Collateral Received from Securities on Loan at Value & Cost		760,248
Foreign Currencies at Value		14,156
Cash		15
Receivables:
Investment Securities Sold		38,170
Dividends, Interest and Tax Reclaims		15,310
Securities Lending Income		1,186
Fund Shares Sold		10,712
Fund Margin Variation		19
Prepaid Expenses and Other Assets		7
Total Assets		5,493,455
LIABILITIES:
Payables:
Upon Return of Securities Loaned		760,248
Investment Securities Purchased		31,085
Fund Shares Redeemed		510
Due to Advisor		853
Accrued Expenses and Other Liabilities		422
Total Liabilities		793,118
NET ASSETS	$	4,700,337
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		412,114,828
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	11.41
Investments at Cost	$	6,876,780
Foreign Currencies at Cost	$	14,875
NET ASSETS CONSIST OF:
Paid-In Capital	$	4,700,337
NET ASSETS	$	4,700,337
(1) NUMBER OF SHARES AUTHORIZED		Unlimited

See accompanying Notes to Financial Statements.
23

THE DFA INVESTMENT TRUST COMPANY

THE DFA INTERNATIONAL VALUE SERIES

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Dividends (Net of Foreign Taxes Withheld of $28,938 and $23,649, respectively)	$	300,627		$	278,708
Interest		1,071			2,113
Income from Securities Lending		19,332			14,342
Total Investment Income		321,030			295,163
Expenses
Investment Advisory Services Fees		14,643			18,039
Accounting & Transfer Agent Fees		739			900
Custodian Fees		914			1,185
Shareholders' Reports		78			84
Directors'/Trustees' Fees & Expenses		—			97
Professional Fees		171			139
Other		98			106
Total Expenses		16,643			20,550
Net Investment Income (Loss)		304,387			274,613
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		137,811			654,522
Futures		(1,153	)		—
Foreign Currency Transactions		(4,593	)		2,498
In-Kind Redemptions		103,024	*		—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(5,026,911	)		403,307
Futures		19			—
Translation of Foreign Currency Denominated Amounts		(76	)		(180	)
Net Realized and Unrealized Gain (Loss)		(4,791,879	)		1,060,147
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(4,487,492	)	$	1,334,760

* See Note J in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
24

THE DFA INVESTMENT TRUST COMPANY

THE DFA INTERNATIONAL VALUE SERIES

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	304,387		$	274,613		$	193,174
Net Realized Gain (Loss) on:
Investment Securities Sold		137,811			654,522			201,700
Futures		(1,153	)		—			—
Foreign Currency Transactions		(4,593	)		2,498			378
In-Kind Redemptions		103,024	*		—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(5,026,911	)		403,307			1,351,708
Futures		19			—			—
Translation of Foreign Currency Denominated Amounts		(76	)		(180	)		486
Net Increase (Decrease) in Net Assets Resulting from Operations		(4,487,492	)		1,334,760			1,747,446
Distributions From:
Net Investment Income		(293,386	)		(278,093	)		(202,210	)
Net Short-Term Gains		(22,542	)		(14,957	)		(11,375	)
Net Long-Term Gains		(614,160	)		(185,943	)		(115,307	)
Total Distributions		(930,088	)		(478,993	)		(328,892	)
Capital Share Transactions (1):
Shares Issued		927,878			1,731,698			1,589,921
Shares Issued in Lieu of Cash Distributions		916,898			465,562			307,948
Shares Redeemed		(1,365,580	)*		(871,558	)		(226,869	)
Net Increase (Decrease) from Capital Share Transactions		479,196			1,325,702			1,671,000
Total Increase (Decrease) in Net Assets		(4,938,384	)		2,181,469			3,089,554
Net Assets
Beginning of Period		9,638,721			7,457,252			4,367,698
End of Period	$	4,700,337		$	9,638,721		$	7,457,252
(1) Shares Issued and Redeemed:
Shares Issued		50,328			72,431			80,546
Shares Issued in Lieu of Cash Distributions		45,073			20,227			16,678
Shares Redeemed		(77,527	)		(36,444	)		(11,688	)
		17,874			56,214			85,536
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	—		$	9,727		$	(7,523	)

* See Note J in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
25

THE DFA INVESTMENT TRUST COMPANY
THE DFA INTERNATIONAL VALUE SERIES
FINANCIAL HIGHLIGHTS
(for a share outstanding throughout each period)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	24.45		$	22.06		$	17.30		$	16.04		$	12.40		$	9.33
Income from Investment Operations
Net Investment Income (Loss)		0.73	(A)		0.73	(A)		0.65	(A)		0.43			0.33			0.27
Net Gains (Losses) on Securities (Realized and Unrealized)		(11.45	)		2.98			5.27			1.95			3.61			3.06
Total from Investment Operations		(10.72	)		3.71			5.92			2.38			3.94			3.33
Less Distributions
Net Investment Income		(0.71	)		(0.73	)		(0.67	)		(0.52	)		(0.30	)		(0.25	)
Net Realized Gains		(1.61	)		(0.59	)		(0.49	)		(0.60	)		—			(0.01	)
Total Distributions		(2.32	)		(1.32	)		(1.16	)		(1.12	)		(0.30	)		(0.26	)
Net Asset Value, End of Period	$	11.41		$	24.45		$	22.06		$	17.30		$	16.04		$	12.40
Total Return		(47.87	)%(C)		17.32	%		35.73	%		15.61	%		32.15	%		36.24	%
Net Assets,
End of Period (thousands)	$	4,700,337		$	9,638,721		$	7,457,252		$	4,367,698		$	2,804,043		$	1,604,778
Ratio of Expenses to Average Net Assets		0.23	%(B)		0.23	%		0.23	%		0.27	%		0.28	%		0.30	%
Ratio of Net Investment Income to Average Net Assets		4.15	%(B)		3.04	%		3.29	%		2.71	%		2.35	%		2.61	%
Portfolio Turnover Rate		16	%(C)		16	%		8	%		10	%		15	%		14	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
26

THE DFA INVESTMENT TRUST COMPANY
THE DFA INTERNATIONAL VALUE SERIES
NOTES TO FINANCIAL STATEMENTS

A. Organization:

The DFA Investment Trust Company (the "Trust") is an open-end management investment company registered under the Investment Company Act of 1940. The Trust consists of eighteen investment portfolios, of which The DFA International Value Series (the "Series") is presented in this report.

At a regular meeting of the Board of Directors/Trustees (the "Board") on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Series from November 30 to October 31.

B. Significant Accounting Policies:

The following significant accounting policies are in conformity with accounting principles generally accepted in the United States of America. Such policies are consistently followed by the Trust in preparation of its financial statements. The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates and those differences could be material.

pricing, the values assigned to the Series' foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges.

Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Series' own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. A summary of the inputs used to value the Series' net assets as of October 31, 2008 is listed below (in thousands).

	Valuation Inputs
	Investments in Securities (Market Value)								Other Financial Instruments (Unrealized Appreciation/Depreciation)*
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
The DFA International Value Series	$	1,004,378	$	4,409,502		—	$	5,413,880	$	19		—		—	$	19

2. Foreign Currency Translation: Securities and other assets and liabilities of the Series whose values are initially expressed in foreign currencies are translated to U.S. dollars using the mean between the most recently quoted bid and asked prices for the U.S. dollar as quoted by generally recognized reliable sources. Dividend and interest income and certain expenses are translated to U.S. dollars at the rate of exchange on their respective accrual dates. Receivables and payables denominated in foreign currencies are marked to market daily based on daily exchange rates. Exchange gains or losses are realized upon ultimate receipt or disbursement.

The Series does not isolate the effect of fluctuations in foreign exchange rates from the effect of fluctuations in the market prices of securities held whether realized or unrealized.

Realized gains or losses on foreign currency transactions represent net foreign exchange gains or losses from the disposition of foreign currencies, currency gains or losses realized between the trade and settlement dates on securities transactions, and the difference between amounts of interest, dividends and foreign withholding taxes recorded on the books of the Series and the U.S. dollar equivalent amounts actually received or paid.

3. Deferred Compensation Plan: Each eligible Trustee of the Trust may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Trustees may defer payment of all or a portion of their total fees earned as a Trustee. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Markets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized app reciation (depreciation) and income are included in Other Expenses for the period ended October 31, 2008 and are included in Directors'/Trustees' Fees & Expenses for the year ended November 30, 2007. At October 31, 2008, the total liability for deferred compensation to Trustees is included in Accrued Expenses and Other Liabilities in the amount of $117 (in thousands).

4. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of investment securities are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received on securities that represent a return of capital or capital gains are recorded as a reduction of cost of investments or as a realized gain, respectively. The Series estimates the character of distributions received that may be considered return of capital distributions or capital gain distributions. Interest income is recorded on the accrual basis. Discount and premium on securities purchased are amortized over the lives of the respective securities utilizing the effective inter est method. Expenses directly attributable to a Series are directly charged. Common expenses of the Trust are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

The Series may be subject to taxes imposed by countries in which it invests, with respect to its investments in issuers exiting or operating in such countries. Such taxes are generally based on income earned or repatriated and capital gains realized on the sale of such investments. The Series accrues such taxes when the related income or capital gains are earned or throughout the holding period. Some countries require governmental approval for the repatriation of investment income, capital or the proceeds of sales earned by foreign investors. In addition, if there is a deterioration in a country's balance of payments or for other reasons, a country may impose temporary restrictions on foreign capital remittances abroad.

C. Investment Advisor:

Fees Paid to Officers and Directors/Trustees:

D. Purchases and Sales of Securities:

Purchases				$	1,266,540
Sales					1,523,257

There were no purchases or sales of long-term U.S. government securities.

E. Federal Income Taxes:

The Series has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code for federal income tax purposes and to distribute substantially all of its taxable income and net capital gains to its shareholders. Accordingly, no provision has been made for federal income taxes.

in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income or accumulated net realized gains, as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of October 31, 2008, primarily attributable to realized net foreign currency gains/losses and net realized gains on securities considered to be passive foreign investment companies, were reclassified to the following accounts. These reclassifications had no effect on net assets or net asset value per share (amounts in thousands):

Increase (Decrease) Paid-in Capital				Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains/(Losses)
$	123,628			$	(20,126	)		$	(103,502	)

The tax character of dividends and distributions declared and paid during the years November 30, 2006, November 30, 2007 and the period December 1, 2007 to October 31, 2008 (amounts in thousands):

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
2006	$	213,585	$	115,307	$	328,892
2007		293,050		185,943		478,993
2008		336,790		613,845		950,635

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes." This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Series' tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2004-2007) and for the period ended October 31, 2008, for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Series' financial statements.

F. Financial Instruments:

are recorded daily by the Series as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Series records a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.

At October 31, 2008, the Series had outstanding 156 long futures contracts of the S&P 500 Index^®, all of which expire on December 19, 2008. The value of such contracts on October 31, 2008 was $37,725 (in thousands), which resulted in an unrealized gain of $19 (in thousands). Approximately $3,861 (in thousands) of cash has been segregated as collateral for the open futures contracts and has been accounted for as cash on the Statement of Assets and Liabilities.

G. Line of Credit:

The Trust, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2009.

For the period December 1, 2007 to October 31, 2008, borrowings by the Series under this line of credit were as follows (amounts in thousands, except percentages and days):

Weighted Average Interest Rate				Weighted Average Loan Balance				Number of Days Outstanding				Interest Expense Incurred				Maximum Amount Borrowed During the Period
	3.68	%		$	8,004				31			$	25			$	27,822

There were no outstanding borrowings by the Series under this line of credit at October 31, 2008.

H. Securities Lending:

Subject to the Series' investment policy, the cash collateral received by the Series from securities on loan is invested in securities of the U.S. government or its agencies, repurchase agreements collateralized by securities of the U.S. government or its agencies or shares of the DFA Short-Term Investment Fund LP. Agencies include both agency debentures and agency mortgage backed securities. In addition, the Series will be able to terminate the loan at any time and will receive reasonable interest on the loan, as well as amounts equal to any dividends, interest or other distributions on the loaned securities. However, dividend income received from loaned securities may not be eligible to be taxed at qualified dividend income rates.

I. Indemnities; Contractual Obligations:

Under the Trust's organizational documents, its officers and directors are indemnified against certain liabilities arising out of the performance of their duties to the Trust.

J. In-Kind Redemptions:

K. Recently Issued Accounting Standards and Interpretation:

In March 2008, Statement of Financial Accounting Standards No. 161, Disclosures about Derivative Instruments and Hedging Activities ("FAS 161"), was issued and is effective for fiscal years beginning after November 15, 2008. FAS 161 defines new disclosures of derivative instruments and hedging activities. Management is currently evaluating the implications of FAS 161. At this time, its impact on the Series' financial statements has not been determined.

L. Subsequent Event Note:

On November 1, 2008, The DFA International Value Series, a master fund in a RIC/RIC master feeder structure with five RIC feeders and two direct client investors, made a "Check-the-box" election for federal income tax purposes pursuant to Treasury Regulation § 301.7701-3, to change its federal entity classification from a corporation taxable as a regulated investment company to a partnership. As a result of this election, the master fund is deemed to have distributed all of its assets and liabilities, in a taxable transaction, to its shareholders in liquidation of the master fund. Immediately thereafter, the shareholders contributed all of the distributed assets and liabilities to a newly formed partnership. The final tax year end of The DFA International Value Series was October 31, 2008. For Federal income tax purposes, pursuant to Code §336(a), the master fund recognizes gain or loss as if the master's investment securities were sold to its shareholders and, pursuant to Code §336, each of the Portfolios recognizes gain or loss as if it liquidated its investment in the master. For tax purposes, pursuant to Code § 331(a), each of the Portfolio's will take a fair market value basis in the securities deemed received by them and a new holding period for those securities commences on the deemed liquidation date.

The master fund had book/tax differences upon its deemed liquidation. The following summary of permanent differences occurred as of the respective effective "Check the Box" election date.

Increase (Decrease) Paid-in Capital				Unrealized Appreciation (Depreciation) Investment Securities				Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains(Losses)
$	(2,187,614,395	)		$	2,319,051,847			$	(602,214	)		$	(130,835,238	)

	Unrealized Appreciation (Depreciation) Investment Securities			Increase (Decrease) Accumulated Net Realized Gains(Losses)
DFA International Value Portfolio	$	1,598,039,236		$	(1,598,039,236	)
DFA International Value Portfolio II		49,859,737			(49,859,737	)
DFA International Value Portfolio III		155,866,882			(155,866,882	)
DFA International Value Portfolio IV		82,052,198			(82,052,198	)
LWAS/DFA International High Book To Market Portfolio		(19,800,535	)		19,800,535

For financial reporting purposes, this transaction had no impact on the net assets of the respective funds.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders of The DFA International Value Series and
Board of Trustees of The DFA Investment Trust Company:

In our opinion, the accompanying statements of assets and liabilities, including the summary schedules of portfolio holdings, and the related statements of operations and of changes in net assets and the financial highlights presents fairly, in all material respects, the financial position of The DFA International Value Series (one of the portfolios constituting The DFA Investment Trust Company, hereafter referred to as the "Series") at October 31, 2008, the results of its operations, the changes in its net assets and the financial highlights for each of the periods indicated, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Series' management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of thes e financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at October 31, 2008 by correspondence with the custodian and brokers, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania
December 22, 2008

FUND MANAGEMENT

Trustees/Directors

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

Disinterested Trustees/Directors

George M. Constantinides
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue Chicago, IL 60637
Age: 61

DFAITC - since 1993
DFAIDG - since 1983
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Leo Melamed Professor of Finance, The University of Chicago Booth School of Business.

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

John P. Gould
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue
Chicago, IL 60637
Age: 69

DFAITC - since 1993
DFAIDG - since 1986
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Roger G. Ibbotson
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Yale School of Management
P.O. Box 208200
New Haven, CT 06520-8200
Age: 65

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Robert C. Merton
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Harvard Business School
353 Baker Library
Soldiers Field
Boston, MA 02163
Age: 64

DFAITC - since 2003
DFAIDG - since 2003
DIG - since 2003
DEM - since 2003

96 portfolios in 4 investment companies

Myron S. Scholes
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
Platinum Grove Asset Management, L.P.
Reckson Executive Park
1100 King Street
Building 4
Rye Brook, NY 10573
Age: 67

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1993
DEM - since 1993

96 portfolios in 4 investment companies

Abbie J. Smith
Director of DFAIDG, DIG and DEM.
Trustee of DFAITC.
The University of Chicago Booth School of Business
5807 S. Woodlawn Avenue
Chicago, IL 60637
Age: 55

DFAITC - since 2000
DFAIDG - since 2000
DIG - since 2000
DEM - since 2000

96 portfolios in 4 investment companies

Name, Position
with the Fund,
Address and Age

Term of Office¹ and
Length of Service

Portfolios within the
DFA Fund Complex²Overseen

Principal Occupation(s) During Past 5 Years and
Other Directorships of Public Companies Held

Interested Trustees/Directors*

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1992
DEM - since 1993

96 portfolios in 4 investment companies

Rex A. Sinquefield
The Show Me Institute
7777 Bonhomme Ave.,
Suite 2150 St. Louis, MO 63105
Age: 64

DFAITC - since 1993
DFAIDG - since 1981
DIG - since 1992
DEM - since 1993

96 portfolios in 4 investment companies

¹ Each Trustee/Director holds office for an indefinite term until his or her successor is elected and qualified.

² Each Trustee/Director is a director or trustee of each of the four registered investment companies within the DFA Fund Complex, which includes the Funds.

Officers

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
		Officers

April A. Aandal Vice President Age: 35	Since 2008	Vice President of all the DFA Entities.

Darryl D. Avery Vice President Age: 42	Since 2005	Vice President of all the DFA Entities. From June 2002 to January 2005, institutional client service representative of Dimensional.

Arthur H. Barlow Vice President Age: 52	Since 1993	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Scott A. Bosworth Vice President Age: 39	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since November 1997).

Valerie A. Brown Vice President and Assistant Secretary Age: 41	Since 2001	Vice President and Assistant Secretary of all the DFA Entities, DFA Australia Limited, Dimensional Fund Advisors Ltd., and since June 2003, Dimensional Fund Advisors Canada Inc.

David P. Butler Vice President Age: 44	Since 2007	Vice President of all the DFA Entities. Director of US Financial Services of Dimensional (since January 2005). Formerly, Regional Director of Dimensional Fund Advisors LP (January 1995 to January 2005).

Patrick Carter Vice President Age: 46	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since March 2006). Formerly, Director of Merrill Lynch Retirement Group (December 1998 to March 2006).

Stephen A. Clark Vice President Age: 36	Since 2004	Vice President of all the DFA Entities, April 2001 to April 2004, Portfolio Manager of Dimensional.

Robert P. Cornell Vice President Age: 59	Since 2007	Vice President of all the DFA Entities. Regional Director of Financial Services Group of Dimensional (since August 1993).

Christopher S. Crossan Vice President and Chief Compliance Officer Age: 42	Since 2004	Vice President and Chief Compliance Officer of all the DFA Entities. Formerly, Senior Compliance Officer, INVESCO Institutional, Inc. and its affiliates (August 2000 to January 2004).

James L. Davis Vice President Age: 51	Since 1999	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Robert T. Deere Vice President Age: 51	Since 1994	Vice President of all the DFA Entities and DFA Australia Limited.

Robert W. Dintzner Vice President Age: 38	Since 2001	Vice President of all the DFA Entities. Prior to April 2001, marketing supervisor and marketing coordinator for Dimensional.

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Kenneth Elmgren Vice President Age: 54	Since 2007	Vice President of all the DFA Entities. Formerly, Managing Principal of Beverly Capital (May 2004 to September 2006); Principal of Wydown Capital (September 2001 to May 2004).

Richard A. Eustice Vice President and Assistant Secretary Age: 43	Since 1998	Vice President and Assistant Secretary of all the DFA Entities and DFA Australia Limited. Formerly, Vice President of Dimensional Fund Advisors Ltd.

Eugene F. Fama, Jr. Vice President Age: 47	Since 1993	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited and Dimensional Fund Advisors Ltd.

Gretchen A. Flicker Vice President Age: 37	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, institutional client service representative of Dimensional.

Jed S. Fogdall Vice President Age: 34	Since 2008	Vice President of all the DFA Entities. Portfolio Manager for Dimensional (since September 2004). Prior to September 2004, Staff Engineer at the Boeing Company (1997-2004); Graduate Student at the University of California, Los Angeles (2002-2003).

Glenn S. Freed Vice President Age: 46	Since 2001	Vice President of all the DFA Entities.

Mark R. Gochnour Vice President Age: 41	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional.

Henry F. Gray Vice President Age: 41	Since 2000	Vice President of all the DFA Entities. Prior to July 2000, Portfolio Manager of Dimensional. Formerly, Vice President of DFA Australia Limited.

John T. Gray Vice President Age: 34	Since 2007	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (January 2005 to February 2007).

Darla Hastings Vice President Age: 53	Since 2007	Vice President of all the DFA Entities. Chief Marketing Officer of Dimensional. Formerly, Senior Vice President, Customer Experience for Benchmark Assisted Living (May 2005 to April 2006); Executive Vice President and Chief Marketing Officer of State Street Corporation (September 2001 to October 2005).

Joel H. Hefner Vice President Age: 40	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since June 1998).

Julie Henderson Vice President and Fund Controller Age: 34	Since 2005	Vice President and Fund Controller of all the DFA Entities. Formerly, Senior Manager at PricewaterhouseCoopers LLP (July 1996 to April 2005).

Kevin Hight Vice President Age: 40	Since 2005	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (since March 2003 to March 2005).

Christine W. Ho Vice President Age: 40	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Assistant Controller of Dimensional.

Jeff J. Jeon Vice President Age: 34	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Counsel of Dimensional.

Patrick M. Keating Vice President Age: 53	Since 2003	Vice President of all the DFA Entities and Chief Operating Officer of Dimensional. Director, Vice President and Chief Privacy Officer of Dimensional Fund Advisors Canada Inc. Director of DFA Australia Limited.

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Joseph F. Kolerich Vice President Age: 36	Since 2004	Vice President of all the DFA Entities. From April 2001 to April 2004, Portfolio Manager for Dimensional.

Michael F. Lane Vice President Age: 41	Since 2004	Vice President of all the DFA Entities. Formerly, Vice President of Advisor Services at TIAA-CREF (July 2001 to September 2004).

Kristina M. LaRusso Vice President Age: 33	Since 2006	Vice President of all DFA Entities. Formerly, Operations Supervisor of Dimensional (March 2003 to December 2006).

Inmoo Lee Vice President Age: 42	Since 2007	Vice President of all the DFA Entities. Associate Professor Department of Finance and Accounting, Business School, National University of Singapore (July 2004 to present); Associate Professor, College of Business Administration, Korea University (September 2001 to May 2006).

Juliet Lee Vice President Age: 37	Since 2005	Vice President of all the DFA Entities. Human Resources Manager of Dimensional (since January 2004). Formerly, Assistant Vice President for Metropolitan West Asset Management LLC (February 2001 to December 2003).

Aaron M. Marcus Vice President & Head of Global Human Resources Age: 38	Since 2008	Vice President and Head of Global Human Resources of Dimensional. Formerly, Global Head of Recruiting and Vice President of Goldman Sachs & Co. (June 2006 to January 2008); Global Co-Head of HR of the Equities & FICC Division, and Vice President of Goldman Sachs & Co. (May 2005 to May 2006); Head of Americas Campus Recruiting and Vice President of Goldman Sachs & Co. (April 2003 to May 2005).

David R. Martin Vice President, Chief Financial Officer and Treasurer Age: 51	Since 2007	Vice President, Chief Financial Officer and Treasurer of all the DFA Entities. Director, Vice President, Chief Financial Officer and Treasurer of Dimensional Fund Advisors Ltd. and DFA Australia Limited. Chief Financial Officer, Treasurer, and Vice President of Dimensional Fund Advisors Canada Inc. Director of Dimensional Funds PLC and Dimensional Funds II PLC. Formerly, Executive Vice President and Chief Financial Officer of Janus Capital Group Inc. (June 2005 to March 2007); Senior Vice President of Finance at Charles Schwab & Co., Inc. (March 1999 to May 2005).

Catherine L. Newell Vice President and Secretary Age: 44	Vice President since 1997 and Secretary since 2000	Vice President and Secretary of all the DFA Entities. Director, Vice President and Assistant Secretary of DFA Australia Limited (since February 2002, April 1997 and May 2002, respectively). Vice President and Secretary of Dimensional Fund Advisors Canada Inc. (since June 2003). Director, Dimensional Funds PLC and Dimensional Funds II PLC (since January 2002). Formerly, Assistant Secretary of all DFA Entities and Dimensional Fund Advisors Ltd.

Gerard K. O'Reilly Vice President Age: 31	Since 2007	Vice President of all the DFA Entities. Formerly, Research Associate of Dimensional Fund Advisors LP (2004 to 2006); Research Assistant in PhD program, Aeronautics Department California Institute of Technology (1998 to 2004).

Carmen Palafox Vice President Age: 34	Since 2006	Vice President of all the DFA Entities. Operations Manager of Dimensional Fund Advisors LP (since May 1996).

Sonya Park Vice President Age: 36	Since 2005	Vice President of all the DFA Entities. From February 2002 to January 2005, institutional client service representative of Dimensional.

David A. Plecha Vice President Age: 47	Since 1993	Vice President of all the DFA Entities, DFA Australia Limited and Dimensional Fund Advisors Ltd..

Ted Randall Vice President Age: 35	Since 2008	Vice President of all the DFA Entities. Formerly, Research Associate of Dimensional (2006-2008). Systems Developer of Dimensional (2001-2006).

Name, Position with the Fund and Age	Term of Office¹and Length of Service	Principal Occupation(s) During Past 5 Years
Eduardo A. Repetto Vice President and Chief Investment Officer Age: 41	Since 2002	Chief Investment Officer (beginning March 2007) and Vice President of all the DFA Entities, DFA Australia Limited and Dimensional Fund Advisors Canada Inc. Formerly, Research Associate for Dimensional (June 2000 to April 2002).

L. Jacobo Rodriguez Vice President Age: 37	Since 2005	Vice President of all the DFA Entities. From August 2004 to July 2005, institutional client service representative of Dimensional. Formerly, Financial Services Analyst, Cato Institute (September 2001 to June 2004); Book Review Editor, Cato Journal, Cato Institute (May 1996 to June 2004).

David E. Schneider Vice President Age: 62	Since 2001	Vice President of all the DFA Entities. Currently, Director of Institutional Services.

Ted R. Simpson Vice President Age: 40	Since 2007	Vice President of all the DFA Entities. Regional Director of Dimensional (since December 2002).

Bryce D. Skaff Vice President Age: 33	Since 2007	Vice President of all the DFA Entities. Formerly, Regional Director of Dimensional (December 1999 to January 2007).

Grady M. Smith Vice President Age: 51	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Portfolio Manager of Dimensional.

Carl G. Snyder Vice President Age: 45	Since 2000	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited.

Lawrence R. Spieth Vice President Age: 60	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Regional Director of Dimensional.

Bradley G. Steiman Vice President Age: 35	Since 2004	Vice President of all the DFA Entities and Director and Vice President of Dimensional Fund Advisors Canada Inc.

Karen E. Umland Vice President Age: 42	Since 1997	Vice President of all the DFA Entities, DFA Australia Limited, Dimensional Fund Advisors Ltd., and since June 2003, Dimensional Fund Advisors Canada Inc.

Carol W. Wardlaw Vice President Age: 49	Since 2004	Vice President of all the DFA Entities. Prior to April 2004, Regional Director of Dimensional.

Weston J. Wellington Vice President Age: 57	Since 1997	Vice President of all the DFA Entities. Formerly, Vice President of DFA Australia Limited.

Daniel M. Wheeler Vice President Age: 63	Since 2001	Vice President of all the DFA Entities. Prior to 2001 and currently, Director of Financial Advisors Services of Dimensional. Director of Dimensional Fund Advisors Ltd. (since October 2003) and President of Dimensional Fund Advisors Canada Inc. (since June 2003).

Ryan Wiley Vice President Age: 32	Since 2007	Vice President of all the DFA Entities. Senior Trader of Dimensional. Formerly, Portfolio Manager (2006 to 2007); Trader (2001 to 2006).

Paul E. Wise Vice President Age: 53	Since 2005	Vice President of all the DFA Entities. Chief Technology Officer for Dimensional (since 2004). Formerly, Principal of Turnbuckle Management Group (January 2002 to August 2004).

¹ Each officer holds office for an indefinite term at the pleasure of the Boards of Trustee/Directors and until his or her successor is elected and qualified.

VOTING PROXIES ON FUND PORTFOLIO SECURITIES

NOTICE TO SHAREHOLDERS
(Unaudited)

For shareholders that do not have an October 31, 2008 tax year end, this notice is for informational purposes only. For shareholders with an October 31, 2008 tax year end, please consult your tax advisor as to the pertinence of this notice. For the period December 1, 2007 to October 31, 2008, the portfolio is designating the following items with regard to distributions paid during the period.

Dimensional Investment Group Inc.	Net Investment Income Distributions			Short-Term Capital Gain Distributions			Long-Term Capital Gain Distributions			Total Distributions			Qualifying For Corporate Dividends Received Deduction(1)			Qualifying Dividend Income(2)			Foreign Tax Credit(3)		Qualifying Interest Income(4)			Qualifying Short-Term Capital Gain(5)
DFA International Value Portfolio II		48	%		—			52	%		100	%		—			58	%		—		1	%		—
The DFA Investment Trust Company
The DFA International Value Series		33	%		2	%		65	%		100	%		6	%		58	%		—		—			7	%

(5) The percentage in this column represents the amount of "Qualifying Short-Term Capital Gain" as created by The American Jobs Creation Act of 2004. The information is reflected as a percentage of ordinary income distributions (the total of short-term capital gain and net investment income distributions).

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DFA103108-014A

DIMENSIONAL INVESTMENT GROUP INC.

DFA International Value Portfolio III

Annual Report

Period Ended October 31, 2008

Dimensional Fund Advisors
6300 Bee Cave Road, Building One
Austin, TX 78746

December 2008

Dear Fellow Shareholder,

All of us at Dimensional take our job as the steward of your assets very seriously and hope to have the opportunity to serve you for many years to come.

Sincerely,

David G. Booth
Chairman and Chief Executive Officer

[THIS PAGE INTENTIONALLY LEFT BLANK]

ANNUAL REPORT

Table of Contents

Letter to Shareholder	Page
Definitions of Abbreviations and Footnotes		1
Dimensional Investment Group Inc. — DFA International Value Portfolio III

Performance Chart		2
Management's Discussion and Analysis		3
Disclosure of Fund Expenses		5
Disclosure of Portfolio Holdings		6
Statement of Assets and Liabilities		7
Statements of Operations		8
Statements of Changes in Net Assets		9
Financial Highlights		10
Notes to Financial Statements		11
Report of Independent Registered Public Accounting Firm		16
The DFA Investment Trust Company — The DFA International Value Series

Performance Chart		17
Disclosure of Fund Expenses		18
Disclosure of Portfolio Holdings		19
Summary Schedule of Portfolio Holdings		20
Statement of Assets and Liabilities		23
Statements of Operations		24
Statements of Changes in Net Assets		25
Financial Highlights		26
Notes to Financial Statements		27
Report of Independent Registered Public Accounting Firm		34
Fund Management		35

Voting Proxies on Fund Portfolio Securities		42

Notice to Shareholders		43

This report is submitted for the information of the Fund's shareholders. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus.

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DIMENSIONAL INVESTMENT GROUP INC.

THE DFA INVESTMENT TRUST COMPANY

DEFINITIONS OF ABBREVIATIONS AND FOOTNOTES

Statement of Assets and Liabilities/Summary Schedule of Portfolio Holdings

Investment Abbreviations

ADR American Depositary Receipt

FHLMC Federal Home Loan Mortgage Corporation

Investment Footnotes

† See Note B to Financial Statements.

†† Securities have generally been fair valued. See Note B to Financial Statements.

* Non-Income Producing Securities.

# Total or Partial Securities on Loan.

@ Security purchased with cash proceeds from Securities on Loan.

§ Affiliated Fund.

Financial Highlights

(A) Computed using average shares outstanding.

(B) Annualized

(D) Represents the combined ratios for the respective portfolio and its respective pro-rata share of its Master Fund Series.

All Statements and Schedules

— Amounts designated as — are either zero or rounded to zero.

SEC Securities and Exchange Commission

DIMENSIONAL INVESTMENT GROUP INC.
PERFORMANCE CHART

DIMENSIONAL INVESTMENT GROUP INC.
MANAGEMENT'S DISCUSSION AND ANALYSIS

International Equity Market Review 11 Months Ended October 31, 2008

Total Returns for 11 Months Ended October 31, 2008

Ten Largest Foreign Developed Markets by Market Cap (BB)	Local Currency Return			U.S. Dollar Return
Japan ($2,111)		–43.55	%		–36.33	%
United Kingdom ($1,758)		–29.61	%		–44.68	%
France ($872)		–36.80	%		–45.40	%
Canada ($786)		–25.69	%		–38.91	%
Germany ($705)		–37.97	%		–46.42	%
Switzerland ($704)		–30.05	%		–32.39	%
Australia ($513)		–35.10	%		–51.58	%
Spain ($331)		–40.19	%		–48.33	%
Italy ($301)		–43.34	%		–51.06	%
Netherlands ($206)		–41.65	%		–49.59	%

Small company stocks were the poorest-performing asset classes in international markets, while large company growth stocks had the best relative results.

Total Returns for 11 Months Ended October 31, 2008

	U.S. Dollar Return
MSCI World ex USA Small Cap Index		–50.30	%
MSCI World ex USA Value Index		–45.31	%
MSCI World ex USA Index		–44.37	%
MSCI World ex USA Growth Index		–43.47	%

Master-Feeder Structure

International Equity Portfolio Performance Overview

DFA International Value Portfolio III

The DFA International Value Portfolio III seeks to capture the returns of international large company value stocks by purchasing shares of a Master Fund that invests in such stocks. The investment strategy employs a disciplined, quantitative approach, emphasizing broad diversification and consistent exposure to large cap value stocks, but does not attempt to track closely a specific equity index. As of October 31, 2008, the Master Fund held approximately 530 stocks in 22 developed countries, and essentially was fully invested in equities throughout the year: average cash levels for the 11 months ended October 31, 2008 were in general less than 1% of the Master Fund's assets.

As a result of the Master Fund's diversified investment approach, performance principally was determined by broad structural trends in global equity markets, rather than the behavior of a limited number of stocks. For the 11 months ended October 31, 2008, growth stocks generally outperformed value stocks in international markets. Total returns were –44.81% for the MSCI EAFE Index (net dividends), –44.37% for the MSCI World ex US Index (net dividends), and –47.87% for the Portfolio. Relative to the MSCI World ex US Index (net dividends), the underperformance of the Portfolio was primarily due to the Master Fund's greater allocation to value stocks in general and financial stocks in particular, both of which underperformed the Index. Value stocks, which accounted for approximately 69% of the Master Fund compared to 28% of the Index, underperformed the Index by approximately 4 percentage points. Financials, which accounted for 44 % of the Master Fund compared to 25% of the Index, underperformed the Index by approximately 8 percentage points. A lower allocation to health care stocks, which accounted for less than 1% of the Master Fund compared to 6% of the Index and outperformed the Index by approximately 22 percentage points, also contributed to the underperformance.

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO III

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual Fund Return

Hypothetical Example for Comparison Purposes

Six Months Ended October 31, 2008

EXPENSE TABLE

	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	555.60		0.26	%	$	1.02
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.83		0.26	%	$	1.32

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO III

DISCLOSURE OF PORTFOLIO HOLDINGS
(Unaudited)

PORTFOLIO HOLDINGS

Affiliated Investment Company

100.0

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO III

STATEMENT OF ASSETS AND LIABILITIES

OCTOBER 31, 2008

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investment in The DFA International Value Series of The DFA Investment Trust Company (Affiliated Investment Company) (63,639,994 Shares) at Value†	$	726,132
Receivables:
Fund Shares Sold		2,913
Prepaid Expenses and Other Assets		26
Total Assets		729,071
LIABILITIES:
Payables:
Affiliated Investment Company Shares Purchased		2,236
Fund Shares Redeemed		678
Due to Advisor		6
Accrued Expenses and Other Liabilities		90
Total Liabilities		3,010
NET ASSETS	$	726,061
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		61,868,723
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	11.74
Investment in Affiliated Investment Company at Cost	$	881,999
NET ASSETS CONSIST OF:
Paid-In Capital	$	824,587
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)		2,317
Accumulated Net Realized Gain (Loss)		(100,843	)
NET ASSETS	$	726,061
(1) NUMBER OF SHARES AUTHORIZED		200,000,000

See accompanying Notes to Financial Statements.
7

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO III

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Income Distributions Received from Affiliated Investment Company	$	38,955		$	34,552
Expenses
Administrative Services Fees		96			113
Accounting & Transfer Agent Fees		25			28
Filing Fees		54			42
Shareholders' Reports		81			82
Directors'/Trustees' Fees & Expenses		—			9
Professional Fees		29			26
Other		5			5
Total Expenses		290			305
Net Investment Income (Loss)		38,665			34,247
Realized and Unrealized Gain (Loss)
Capital Gain Distributions Received from Affiliated Investment Company		78,527			26,825
Net Realized Gain (Loss) on Affiliated Investment Company Shares Sold		(9,952	)		159
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		(714,241	)		113,019
Net Realized and Unrealized Gain (Loss)		(645,666	)		140,003
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(607,001	)	$	174,250

See accompanying Notes to Financial Statements.
8

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO III

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	38,665		$	34,247		$	28,677
Capital Gain Distributions Received from Affiliated Investment Company		78,527			26,825			19,813
Net Realized Gain (Loss) on Affiliated Investment Company Shares Sold		(9,952	)		159			(20	)
Change in Unrealized Appreciation (Depreciation) of Affiliated Investment Company Shares		(714,241	)		113,019			208,571
Net Increase (Decrease) in Net Assets Resulting from Operations		(607,001	)		174,250			257,041
Distributions From:
Net Investment Income		(41,959	)		(30,502	)		(28,668	)
Net Short-Term Gains		(3,276	)		(2,370	)		(1,779	)
Net Long-Term Gains		(24,865	)		(17,585	)		(19,713	)
Total Distributions		(70,100	)		(50,457	)		(50,160	)
Capital Share Transactions (1):
Shares Issued		395,584			215,069			172,619
Shares Issued in Lieu of Cash Distributions		69,191			50,456			50,160
Shares Redeemed		(251,899	)		(198,925	)		(126,721	)
Net Increase (Decrease) from Capital Share Transactions		212,876			66,600			96,058
Total Increase (Decrease) in Net Assets		(464,225	)		190,393			302,939
Net Assets
Beginning of Period		1,190,286			999,893			696,954
End of Period	$	726,061		$	1,190,286		$	999,893
(1) Shares Issued and Redeemed:
Shares Issued		22,558			9,221			9,117
Shares Issued in Lieu of Cash Distributions		3,339			2,237			2,843
Shares Redeemed		(13,566	)		(8,503	)		(6,641	)
		12,331			2,955			5,319
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	2,317		$	5,669		$	1,907

See accompanying Notes to Financial Statements.
9

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO III

FINANCIAL HIGHLIGHTS

(for a share outstanding throughout each period)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	24.03		$	21.46		$	16.89		$	15.03		$	11.83		$	8.92
Income from Investment Operations
Net Investment Income (Loss)		0.72	(A)		0.71	(A)		0.64	(A)		0.49			0.27			0.22
Net Gains (Losses) (Realized and Unrealized)		(11.64	)		2.92			5.10			1.80			3.43			2.91
Total from Investment Operations		(10.92	)		3.63			5.74			2.29			3.70			3.13
Less Distributions
Net Investment Income		(0.80	)		(0.63	)		(0.65	)		(0.42	)		(0.49	)		(0.20	)
Net Realized Gains		(0.57	)		(0.43	)		(0.52	)		(0.01	)		(0.01	)		(0.02	)
Total Distributions		(1.37	)		(1.06	)		(1.17	)		(0.43	)		(0.50	)		(0.22	)
Net Asset Value, End of Period	$	11.74		$	24.03		$	21.46		$	16.89		$	15.03		$	11.83
Total Return		(47.87	)%(C)		17.32	%		35.67	%		15.59	%		32.11	%		36.09	%
Net Assets, End of Period (thousands)	$	726,061		$	1,190,286		$	999,893		$	696,954		$	532,647		$	356,509
Ratio of Expenses to Average Net Assets (D)		0.26	%(B)		0.25	%		0.26	%		0.30	%		0.33	%		0.35	%
Ratio of Net Investment Income to Average Net Assets		4.03	%(B)		3.02	%		3.37	%		3.08	%		2.07	%		2.46	%

See page 1 for the Definitions of Abbreviations and Footnotes.

See accompanying Notes to Financial Statements.
10

DIMENSIONAL INVESTMENT GROUP INC.

DFA INTERNATIONAL VALUE PORTFOLIO III

NOTES TO FINANCIAL STATEMENTS

A. Organization:

Dimensional Investment Group Inc. (the "Fund") is an open-end management investment company registered under the Investment Company Act of 1940, whose shares are offered to institutional investors, retirement plans and clients of registered investment advisors. The Fund consists of fifteen portfolios, of which the DFA International Value Portfolio III (the "Portfolio") is presented in this report.

The Portfolio primarily invests its assets in The DFA International Value Series (the "Series"), a corresponding series of The DFA Investment Trust Company. At October 31, 2008, the Portfolio owned 15% of the outstanding shares of the Series. The financial statements of the Series are included elsewhere in this report and should be read in conjunction with the financial statements of the Portfolio.

At a regular meeting of the Board of Directors/Trustees (the "Board") on September 16, 2008, the Board voted to change the fiscal and tax year ends of the Portfolio from November 30 to October 31.

B. Significant Accounting Policies:

1. Security Valuation: The shares of the Series held by the Portfolio are valued at their respective daily net asset value.

Adoption of Statement of Financial Accounting Standards No. 157 "Fair Value Measurements" ("FAS 157")

In September 2006, the Financial Accounting Standards Board issued FAS 157 effective for fiscal years beginning after November 15, 2007. This standard clarifies the definition of fair value for financial reporting, establishes a framework for measuring fair value and requires additional disclosures about the use of fair value measurements. The Fund has adopted FAS 157 as of December 1, 2007. The three levels of the fair value hierarchy under FAS 157 are described below:

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Portfolio's own assumptions in determining the fair value of investments)

	Valuation Inputs
	Investments in Securities (Market Value)
	Level 1		Level 2		Level 3		Total
DFA International Value Portfolio III	$	726,132		—		—	$	726,132

2. Deferred Compensation Plan: Each eligible Director of the Fund may elect participation in the Deferred Compensation Plan (the "Plan"). Under the Plan, effective January 1, 2002, such Directors may defer payment of all or a portion of their total fees earned as a Director. These deferred amounts may be treated as though such amounts had been invested in shares of the following funds: U.S. Large Cap Value Portfolio; U.S. Core Equity 1 Portfolio; U.S. Core Equity 2 Portfolio; U.S. Vector Equity Portfolio; U.S. Micro Cap Portfolio; DFA International Value Portfolio; International Core Equity Portfolio; Emerging Markets Portfolio; Emerging Ma rkets Core Equity Portfolio; and/or DFA Two-Year Global Fixed Income Portfolio. Contributions made under the Plan and the change in unrealized appreciation (depreciation) and income are included in Other Expenses for the period ended October 31, 2008 and are included in Directors'/Trustees' Fees & Expenses for the year ended November 30, 2007. At October 31, 2008, the total liability for deferred compensation to Directors is included in Accrued Expenses and Other Liabilities in the amount of $15 (in thousands).

3. Other: Security transactions are accounted for as of the trade date. Costs used in determining realized gains and losses on the sale of affiliated investment company shares are on the basis of identified cost. Dividend income and distributions to shareholders are recorded on the ex-dividend date. Distributions received from investment in affiliated investment company that represent a return of capital or capital gain are recorded as a reduction of cost of investments or as a realized gain, respectively. Expenses directly attributable to the Portfolio are directly charged. Common expenses of the Fund are allocated using methods approved by the Board of Directors/Trustees, generally based on average net assets.

C. Investment Advisor:

Dimensional Fund Advisors LP ("Dimensional" or the "Advisor") provides administrative services to the Portfolio, including supervision of services provided by others, providing information to the shareholders and to the Board of Directors/Trustees, and other administrative services. The Advisor provides investment advisory services to the Series. For the period December 1, 2007 to October 31, 2008, the Portfolio's administrative services fees were accrued daily and paid monthly to the Advisor based on an effective annual rate of 0.01% of average daily net assets.

Fees Paid to Officers and Directors/Trustees:

D. Federal Income Taxes:

Distributions from net investment income and net realized capital gains are determined in accordance with U.S. federal income tax regulations, which may differ from those amounts determined under accounting principles generally accepted in the United States of America. These book/tax differences are either temporary or permanent in nature. To the extent these differences are permanent, they are charged or credited to paid-in capital, undistributed net investment income, accumulated net realized gains or unrealized appreciation (depreciation), as appropriate, in the period that the differences arise. Accordingly, the following permanent differences as of October 31, 2008, primarily

attributable to a reclassification of distributions were classified to the following accounts. These reclassifications had no effect on net assets or net value per share (amounts in thousands):

				Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains (Losses)
				$	(58	)		$	58

	Net Investment Income and Short-Term Capital Gains		Long-Term Capital Gains		Total
2006	$	31,266	$	20,190	$	51,456
2007		32,872		17,585		50,457
2008		45,275		24,825		70,100

At October 31, 2008, the components of distributable earnings (accumulated losses) were as follows (amounts in thousands):

Undistributed Net Investment Income and Short-Term Capital Gains				Undistributed Long-Term Capital Gains				Capital Loss Carryforward				Total Net Distributable Earnings (Accumulated Losses)
$	2,332				—			$	(100,843	)		$	(98,511	)

For federal income tax purposes, the Fund measures its capital loss carryforwards annually at October 31, its fiscal year end. Capital loss carryforwards may be carried forward and applied against future capital gains. As of October 31, 2008, the Portfolio had capital loss carryforwards available in the amount of $100,843 (in thousands) to offset future realized capital gains expiring in 2016.

Federal Tax Cost				Unrealized Appreciation				Unrealized (Depreciation)				Net Unrealized Appreciation (Depreciation)
$	725,840				—				—				—

In June 2006, the Financial Accounting Standards Board (FASB) issued FASB Interpretation 48 ("FIN 48"), "Accounting for Uncertainty in Income Taxes". This standard defines the threshold for recognizing the benefits of tax-return positions in the financial statements as "more-likely-than-not" to be sustained by the taxing authority and requires measurement of a tax position meeting the more-likely-than-not criterion, based on the largest benefit that is more than 50 percent likely to be realized. Management has analyzed the Portfolio's tax positions to be taken on the federal income tax returns for all open tax years (tax years ended November 30, 2004-2005 through the period ended October 31, 2008), for purposes of implementing FIN 48, and has concluded that no provision for income tax is required in the Portfolio's financial statements.

E. Line of Credit:

are charged interest at the then current Federal Funds Rate plus 1%. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the discretionary line of credit may be terminated by either party at any time. The line of credit is scheduled to expire on June 23, 2009. There were no borrowings by the Portfolio under this line of credit during the period ended October 31, 2008.

The Fund, together with other Dimensional-advised portfolios, has also entered into an additional $500 million unsecured line of credit effective January 15, 2008 with its international custodian bank. Each portfolio is permitted to borrow, subject to its investment limitations, up to a maximum of $500 million, as long as total borrowings under the line of credit do not exceed $500 million in the aggregate. Borrowings under the line of credit are charged interest at rates agreed to by the parties at the time of borrowing. Each portfolio is individually, and not jointly, liable for its particular advances under the line of credit. There is no commitment fee on the unused portion of the line of credit. The agreement for the line of credit expires on January 15, 2009. There were no borrowings by the Portfolio under this line of credit during the period ended October 31, 2008.

F. Indemnitees; Contractual Obligations:

Under the Fund's organizational documents, its officers and directors are indemnified against certain liabilities arising out of the performance of their duties to the Fund.

G. Recently Issued Accounting Standards and Interpretation:

H. Other:

At October 31, 2008, two shareholders held 79% of the outstanding shares of the Portfolio. One or more of the shareholders is an omnibus account, which typically holds shares for the benefit of several other underlying investors.

I. Subsequent Event Note:

The master fund had book/tax differences upon its deemed liquidation. The following summary of permanent differences occurred as of the respective effective "Check the Box" election date.

Increase (Decrease) Paid-in Capital				Unrealized Appreciation (Depreciation) Investment Securities				Increase (Decrease) Undistributed Net Investment Income				Increase (Decrease) Accumulated Net Realized Gains(Losses)
$	(2,187,614,395	)		$	2,319,051,847			$	(602,214	)		$	(130,835,238	)

	Unrealized Appreciation (Depreciation) Investment Securities			Increase (Decrease) Accumulated Net Realized Gains(Losses)
DFA International Value Portfolio	$	1,598,039,236		$	(1,598,039,236	)
DFA International Value Portfolio II		49,859,737			(49,859,737	)
DFA International Value Portfolio III		155,866,882			(155,866,882	)
DFA International Value Portfolio IV		82,052,198			(82,052,198	)
LWAS/DFA International High Book To Market Portfolio		(19,800,535	)		19,800,535

For financial reporting purposes, this transaction had no impact on the net assets of the respective funds.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders of DFA International Value Portfolio III and
Board of Directors of Dimensional Investment Group Inc.:

In our opinion, the accompanying statement of assets and liabilities, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of DFA International Value Portfolio III (one of the portfolios constituting Dimensional Investment Group Inc., hereafter referred to as the "Portfolio") at October 31, 2008, the results of its operations, the changes in its net assets and the financial highlights for each of the periods indicated, in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as "financial statements") are the responsibility of the Portfolio's management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at October 31, 2008 by correspondence with the transfer agent of the investee fund, provide a reasonable basis for our opinion.

PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania
December 22, 2008

DIMENSIONAL INVESTMENT GROUP INC.
PERFORMANCE CHART

THE DFA INVESTMENT TRUST COMPANY

THE DFA INTERNATIONAL VALUE SERIES

DISCLOSURE OF FUND EXPENSES
(Unaudited)

The Expense Table below illustrates your fund's costs in two ways.

Actual fund return

Hypothetical example for comparison purposes

Six Months Ended October 31, 2008

EXPENSE TABLE

	Beginning Account Value 05/01/08		Ending Account Value 10/31/08		Annualized Expense Ratio*			Expenses Paid During Period*
Actual Fund Return	$	1,000.00	$	555.50		0.23	%	$	0.90
Hypothetical 5% Annual Return	$	1,000.00	$	1,023.98		0.23	%	$	1.17

THE DFA INVESTMENT TRUST COMPANY

THE DFA INTERNATIONAL VALUE SERIES

DISCLOSURE OF PORTFOLIO HOLDINGS

(Unaudited)

PORTFOLIO HOLDINGS

Consumer Discretionary				Consumer Staples				Energy				Financials				Health Care				Industrials				Information Technology				Materials				Telecommunication Services				Utilities				Total
	12.2	%			5.1	%			5.5	%			41.4	%			0.5	%			10.0	%			3.6	%			9.3	%			9.0	%			3.4	%			100.0	%

THE DFA INTERNATIONAL VALUE SERIES

SUMMARY SCHEDULE OF PORTFOLIO HOLDINGS

October 31, 2008

	Shares		Value††		Percentage of Net Assets**
AUSTRALIA — (4.7%)
COMMON STOCKS — (4.7%)
Australia & New Zealand Banking Group, Ltd.		3,302,749	$	38,716,458		0.8	%
Commonwealth Bank of Australia		2,119,091		57,926,994		1.2	%
# National Australia Bank, Ltd.		3,087,538		50,098,709		1.1	%
Other Securities				107,641,792		2.3	%
TOTAL — AUSTRALIA				254,383,953		5.4	%
AUSTRIA — (0.5%)
COMMON STOCKS — (0.5%)
Other Securities				28,305,261		0.6	%
BELGIUM — (0.5%)
COMMON STOCKS — (0.5%)
Other Securities				29,328,450		0.6	%
RIGHTS/WARRANTS — (0.0%)
Other Securities				256		0.0	%
TOTAL — BELGIUM				29,328,706		0.6	%
CANADA — (5.9%)
COMMON STOCKS — (5.9%)
# Barrick Gold Corp.		1,226,832		28,052,344		0.6	%
# EnCana Corp.		560,598		28,478,732		0.6	%
Petro-Canada		1,205,300		30,140,000		0.6	%
Sun Life Financial, Inc.		1,262,400		29,693,056		0.6	%
Other Securities				200,692,451		4.4	%
TOTAL — CANADA				317,056,583		6.8	%
DENMARK — (0.9%)
COMMON STOCKS — (0.9%)
Other Securities				46,987,354		1.0	%
FINLAND — (1.0%)
COMMON STOCKS — (1.0%)
Other Securities				52,418,538		1.1	%
FRANCE — (8.5%)
COMMON STOCKS — (8.5%)
# AXA SA		2,818,397		53,842,817		1.2	%
# BNP Paribas SA		1,558,158		112,501,123		2.4	%
# Compagnie de Saint-Gobain		580,915		22,415,677		0.5	%
Vivendi SA		2,482,257		64,884,026		1.4	%
Other Securities				208,936,536		4.3	%
TOTAL — FRANCE				462,580,179		9.8	%
GERMANY — (8.8%)
COMMON STOCKS — (8.8%)
Allianz SE		442,712		33,313,833		0.7	%
# Daimler AG		1,684,003		57,854,323		1.2	%
# Deutsche Bank AG		774,190		28,921,349		0.6	%
# Deutsche Telekom AG		2,621,866		38,930,629		0.8	%
Deutsche Telekom AG Sponsored ADR		2,705,150		40,171,477		0.9	%
E.ON AG		1,781,013		68,160,893		1.5	%
# E.ON AG Sponsored ADR		1,091,708		41,484,904		0.9	%

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares		Value††		Percentage of Net Assets**
Munchener Rueckversicherungs-Gesellschaft AG		388,934	$	50,491,309		1.1	%
Other Securities				114,673,630		2.4	%
TOTAL — GERMANY				474,002,347		10.1	%
GREECE — (0.3%)
COMMON STOCKS — (0.3%)
Other Securities				14,142,756		0.3	%
HONG KONG — (2.5%)
COMMON STOCKS — (2.5%)
# Cheung Kong Holdings, Ltd.		3,224,000		30,955,317		0.7	%
Hutchison Whampoa, Ltd.		5,472,000		29,569,976		0.6	%
Sun Hung Kai Properties, Ltd.		2,528,000		22,148,070		0.5	%
Other Securities				54,353,926		1.1	%
TOTAL — HONG KONG				137,027,289		2.9	%
IRELAND — (0.3%)
COMMON STOCKS — (0.3%)
Other Securities				16,882,601		0.4	%
ITALY — (1.9%)
COMMON STOCKS — (1.9%)
UniCredito Italiano SpA		10,088,794		24,697,595		0.5	%
Other Securities				78,187,153		1.7	%
TOTAL — ITALY				102,884,748		2.2	%
JAPAN — (13.3%)
COMMON STOCKS — (13.3%)
FUJIFILM Holdings Corp.		1,077,300		24,799,840		0.5	%
Hitachi, Ltd.		6,574,000		30,865,283		0.7	%
Tokio Marine Holdings, Inc.		1,457,311		44,952,061		1.0	%
Other Securities				621,977,287		13.2	%
TOTAL — JAPAN				722,594,471		15.4	%
NETHERLANDS — (3.5%)
COMMON STOCKS — (3.5%)
# ArcelorMittal		1,877,993		48,755,658		1.0	%
ING Groep NV		3,093,625		29,019,312		0.6	%
Koninklijke Philips Electronics NV		3,192,970		59,005,541		1.3	%
Other Securities				50,984,660		1.1	%
TOTAL — NETHERLANDS				187,765,171		4.0	%
NEW ZEALAND — (0.1%)
COMMON STOCKS — (0.1%)
Other Securities				7,460,246		0.2	%
NORWAY — (0.8%)
COMMON STOCKS — (0.8%)
Other Securities				42,910,368		0.9	%
PORTUGAL — (0.1%)
COMMON STOCKS — (0.1%)
Other Securities				6,541,713		0.1	%
SINGAPORE — (1.1%)
COMMON STOCKS — (1.1%)
Other Securities				57,732,771		1.2	%
SPAIN — (4.2%)
COMMON STOCKS — (4.2%)
# Banco Santander Central Hispano SA		7,025,356		75,980,397		1.6	%
# Banco Santander SA Sponsored ADR		3,044,700		32,700,078		0.7	%
Repsol YPF SA		1,204,043		22,895,968		0.5	%

THE DFA INTERNATIONAL VALUE SERIES

CONTINUED

	Shares		Value††			Percentage of Net Assets**
Repsol YPF SA Sponsored ADR		1,285,700	$	24,582,584			0.5	%
Other Securities				68,834,633			1.5	%
TOTAL — SPAIN				224,993,660			4.8	%
SWEDEN — (2.4%)
COMMON STOCKS — (2.4%)
# Nordea Bank AB		4,247,718		34,046,034			0.7	%
Other Securities				94,071,267			2.0	%
TOTAL — SWEDEN				128,117,301			2.7	%
SWITZERLAND — (5.9%)
COMMON STOCKS — (5.9%)
* Compagnie Financiere Richemont SA Series A		1,125,900		23,669,433			0.5	%
Credit Suisse Group AG		1,755,349		65,639,295			1.4	%
# Credit Suisse Group AG Sponsored ADR		591,859		22,135,527			0.5	%
Holcim, Ltd.		435,033		24,709,544			0.5	%
Swiss Re		725,996		30,276,699			0.6	%
Zurich Financial SVCS AG		300,246		60,913,201			1.3	%
Other Securities				92,813,720			2.0	%
TOTAL — SWITZERLAND				320,157,419			6.8	%
UNITED KINGDOM — (17.2%)
COMMON STOCKS — (17.2%)
Anglo American P.L.C.		1,329,421		33,356,819			0.7	%
Aviva P.L.C.		6,571,996		39,201,982			0.8	%
# Barclays P.L.C. Sponsored ADR		2,197,790		23,670,198			0.5	%
# HSBC Holdings P.L.C. Sponsored ADR		2,176,243		128,398,337			2.7	%
Kingfisher P.L.C.		12,172,495		22,467,306	��		0.5	%
Royal Dutch Shell P.L.C. ADR		1,294,780		71,588,386			1.5	%
RSA Insurance Group P.L.C.		12,939,111		28,774,426			0.6	%
Vodafone Group P.L.C.		56,881,367		109,423,488			2.3	%
Vodafone Group P.L.C. Sponsored ADR		6,370,018		122,750,247			2.6	%
William Morrison Supermarkets P.L.C.		6,906,878		29,409,035			0.6	%
Other Securities				324,025,564			7.1	%
TOTAL — UNITED KINGDOM				933,065,788			19.9	%
	Face Amount		Value†
	(000)
TEMPORARY CASH INVESTMENTS — (1.6%)
Repurchase Agreement, PNC Capital Markets, Inc. 0.94%, 11/03/08 (Collateralized by $92,080,000 FHLMC 4.50%, 05/01/23, valued at $87,591,100) to be repurchased at $86,299,760	$	86,293		86,293,000			1.8	%
	Shares
SECURITIES LENDING COLLATERAL — (14.0%)
§@ DFA Short Term Investment Fund LP		757,347,231		757,347,231			16.1	%
	Face Amount
	(000)
@ Repurchase Agreement, Deutsche Bank Securities 0.25%, 11/03/08 (Collateralized by $3,471,793 FHLMC 7.000%, 08/01/37, valued at $2,958,290) to be repurchased at $2,900,344	$	2,900		2,900,284			0.1	%
TOTAL SECURITIES LENDING COLLATERAL				760,247,515			16.2	%
TOTAL INVESTMENTS — (100.0%) (Cost $7,723,320,604)			$	5,413,879,738			115.2	%

See accompanying Notes to Financial Statements.
22

THE DFA INVESTMENT TRUST COMPANY

THE DFA INTERNATIONAL VALUE SERIES

STATEMENT OF ASSETS AND LIABILITIES

OCTOBER 31, 2008

(Amounts in thousands, except share and per share amounts)

ASSETS:
Investments at Value (including $717,470 of securities on loan)	$	4,567,339
Temporary Cash Investments at Value & Cost		86,293
Collateral Received from Securities on Loan at Value & Cost		760,248
Foreign Currencies at Value		14,156
Cash		15
Receivables:
Investment Securities Sold		38,170
Dividends, Interest and Tax Reclaims		15,310
Securities Lending Income		1,186
Fund Shares Sold		10,712
Fund Margin Variation		19
Prepaid Expenses and Other Assets		7
Total Assets		5,493,455
LIABILITIES:
Payables:
Upon Return of Securities Loaned		760,248
Investment Securities Purchased		31,085
Fund Shares Redeemed		510
Due to Advisor		853
Accrued Expenses and Other Liabilities		422
Total Liabilities		793,118
NET ASSETS	$	4,700,337
SHARES OUTSTANDING, $0.01 PAR VALUE (1)		412,114,828
NET ASSET VALUE, OFFERING AND REDEMPTION PRICE PER SHARE	$	11.41
Investments at Cost	$	6,876,780
Foreign Currencies at Cost	$	14,875
NET ASSETS CONSIST OF:
Paid-In Capital	$	4,700,337
NET ASSETS	$	4,700,337
(1) NUMBER OF SHARES AUTHORIZED		Unlimited

See accompanying Notes to Financial Statements.
23

THE DFA INVESTMENT TRUST COMPANY

THE DFA INTERNATIONAL VALUE SERIES

STATEMENTS OF OPERATIONS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007
Investment Income
Dividends (Net of Foreign Taxes Withheld of $28,938 and $23,649, respectively)	$	300,627		$	278,708
Interest		1,071			2,113
Income from Securities Lending		19,332			14,342
Total Investment Income		321,030			295,163
Expenses
Investment Advisory Services Fees		14,643			18,039
Accounting & Transfer Agent Fees		739			900
Custodian Fees		914			1,185
Shareholders' Reports		78			84
Directors'/Trustees' Fees & Expenses		—			97
Professional Fees		171			139
Other		98			106
Total Expenses		16,643			20,550
Net Investment Income (Loss)		304,387			274,613
Realized and Unrealized Gain (Loss)
Net Realized Gain (Loss) on:
Investment Securities Sold		137,811			654,522
Futures		(1,153	)		—
Foreign Currency Transactions		(4,593	)		2,498
In-Kind Redemptions		103,024	*		—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(5,026,911	)		403,307
Futures		19			—
Translation of Foreign Currency Denominated Amounts		(76	)		(180	)
Net Realized and Unrealized Gain (Loss)		(4,791,879	)		1,060,147
Net Increase (Decrease) in Net Assets Resulting from Operations	$	(4,487,492	)	$	1,334,760

* See Note J in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
24

THE DFA INVESTMENT TRUST COMPANY

THE DFA INTERNATIONAL VALUE SERIES

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006
Increase (Decrease) in Net Assets
Operations:
Net Investment Income (Loss)	$	304,387		$	274,613		$	193,174
Net Realized Gain (Loss) on:
Investment Securities Sold		137,811			654,522			201,700
Futures		(1,153	)		—			—
Foreign Currency Transactions		(4,593	)		2,498			378
In-Kind Redemptions		103,024	*		—			—
Change in Unrealized Appreciation (Depreciation) of:
Investment Securities and Foreign Currency		(5,026,911	)		403,307			1,351,708
Futures		19			—			—
Translation of Foreign Currency Denominated Amounts		(76	)		(180	)		486
Net Increase (Decrease) in Net Assets Resulting from Operations		(4,487,492	)		1,334,760			1,747,446
Distributions From:
Net Investment Income		(293,386	)		(278,093	)		(202,210	)
Net Short-Term Gains		(22,542	)		(14,957	)		(11,375	)
Net Long-Term Gains		(614,160	)		(185,943	)		(115,307	)
Total Distributions		(930,088	)		(478,993	)		(328,892	)
Capital Share Transactions (1):
Shares Issued		927,878			1,731,698			1,589,921
Shares Issued in Lieu of Cash Distributions		916,898			465,562			307,948
Shares Redeemed		(1,365,580	)*		(871,558	)		(226,869	)
Net Increase (Decrease) from Capital Share Transactions		479,196			1,325,702			1,671,000
Total Increase (Decrease) in Net Assets		(4,938,384	)		2,181,469			3,089,554
Net Assets
Beginning of Period		9,638,721			7,457,252			4,367,698
End of Period	$	4,700,337		$	9,638,721		$	7,457,252
(1) Shares Issued and Redeemed:
Shares Issued		50,328			72,431			80,546
Shares Issued in Lieu of Cash Distributions		45,073			20,227			16,678
Shares Redeemed		(77,527	)		(36,444	)		(11,688	)
		17,874			56,214			85,536
Undistributed Net Investment Income (Distributions in Excess of Net Investment Income)	$	—		$	9,727		$	(7,523	)

* See Note J in the Notes to Financial Statements.

See accompanying Notes to Financial Statements.
25

THE DFA INVESTMENT TRUST COMPANY
THE DFA INTERNATIONAL VALUE SERIES
FINANCIAL HIGHLIGHTS
(for a share outstanding throughout each period)

	Period Dec. 1, 2007 to Oct. 31, 2008			Year Ended Nov. 30, 2007			Year Ended Nov. 30, 2006			Year Ended Nov. 30, 2005			Year Ended Nov. 30, 2004			Year Ended Nov. 30, 2003
Net Asset Value, Beginning of Period	$	24.45		$	22.06		$	17.30		$	16.04		$	12.40		$	9.33
Income from Investment Operations
Net Investment Income (Loss)		0.73	(A)		0.73	(A)		0.65	(A)		0.43			0.33			0.27
Net Gains (Losses) on Securities (Realized and Unrealized)		(11.45	)		2.98			5.27			1.95			3.61			3.06
Total from Investment Operations		(10.72	)		3.71			5.92			2.38			3.94			3.33
Less Distributions
Net Investment Income		(0.71	)		(0.73	)		(0.67	)		(0.52	)		(0.30	)		(0.25	)
Net Realized Gains		(1.61	)		(0.59	)		(0.49	)		(0.60	)		—			(0.01	)
Total Distributions		(2.32	)		(1.32	)		(1.16	)		(1.12	)		(0.30	)		(0.26	)
Net Asset Value, End of Period	$	11.41		$	24.45		$	22.06		$	17.30		$	16.04		$	12.40
Total Return		(47.87	)%(C)		17.32	%		35.73	%		15.61	%		32.15	%		36.24	%
Net Assets,
End of Period (thousands)	$	4,700,337		$	9,638,721		$	7,457,252		$	4,367,698		$	2,804,043		$	1,604,778
Ratio of Expenses to Average Net Assets		0.23	%(B)		0.23	%		0.23	%		0.27	%		0.28	%		0.30	%
Ratio of Net Investment Income to Average Net Assets		4.15	%(B)		3.04	%		3.29	%		2.71	%		2.35	%		2.61	%
Portfolio Turnover Rate		16	%(C)		16	%		8	%		10	%		15	%		14	%