SACLX — SA International Small Company Fund
Data updated: 2026-09-03
SACLX — SA International Small Company Fund. United States Multi-Cap / All-Cap Blend / Core Equity. Holdings, fees, performance and SEC filings.
SACLX Fund Overview
SACLX — SA International Small Company Fund is a US mutual fund managed by Sa Funds Investment Trust, categorised as United States Multi-Cap / All-Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Sa Funds Investment Trust
- Category: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $281.46M
- 1-year return: -28.7%
- Ticker: SACLX
- SEC CIK: 0001075065
- SEC series ID: S000008781
- Share class ID: C000179973
SACLX Investment Objective and Strategy
SA International Small Company Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Sa Funds Investment Trust.
Investment objective
The Funds goal is to achieve long-term capital appreciation. The Fund pursues its goal by investing substantially all of its assets in the International Small Company Portfolio of DFA Investment Dimensions Group Inc. (the DFA Portfolio), a separate registered investment company with the same investment objective and investment policies as the Fund.
Principal investment strategy
Instead of buying securities directly, the Fund invests substantially all of its assets in the DFA Portfolio, which is managed by the Sub-Adviser and has the same investment objective and investment policies as the Fund. The DFA Portfolio seeks to provide investors with access to securities portfolios consisting of a broad range of equity securities of primarily small Japanese, United Kingdom, European (including the Mediterranean), Asia Pacific and Canadian companies. The DFA Portfolio invests substantially all of its assets in: The Japanese Small Company Series (the Japanese Series), The United Kingdom Small Company Series (the United Kingdom Series), The Continental Small Company Series (the Continental Series), The Asia Pacific Small Company Series (the Asia Pacific Series) and The Canadian Small Company Series (the Canadian Series) (each an Underlying Fund and together, the Underlying Funds), each of which is a series of The DFA Investment Trust Company.
From time to time, the Sub-Adviser may add or remove Underlying Funds in the DFA Portfolio without notice to shareholders. Each Underlying Fund invests in small companies using a market capitalization weighted approach in each country or region designated by the Sub-Adviser as an approved market for investment. In general, this means that the higher the relative market capitalization of the issuer within an eligible country or region, the greater its representation in the Underlying Fund. Sub-Adviser may, in its discretion, adjust the representation in the Underlying Funds of an eligible company, or exclude an eligible company, after considering such factors as free float (a companys share capital that is freely available for trading), size, value, profitability, trading strategies, liquidity, momentum and other factors that the Sub-Adviser determines to be appropriate, given market conditions.
The Sub-Adviser considers value stocks primarily to be those of companies with a low price in relation to their book value. In assessing value, the Sub-Adviser may consider additional factors such as price-to-cash flow or price-to-earnings ratios. In assessing profitability, the Sub-Adviser may consider different ratios, such as earnings or profits from operations relative to book value or assets. The criteria the Sub-Adviser uses for assessing value or profitability are subject to change from time to time. The DFA Portfolio also may have some exposure to small cap equity securities associated with other countries or regions. As a non-fundamental policy, under normal circumstances, the Fund, through its investments in the DFA Portfolio and, indirectly, the Underlying Funds, will invest at least 80% of its net assets in securities of small companies.
As of August 31, 2018, the DFA Portfolio invested its assets in the Underlying Funds within the following ranges (expressed as a percentage of the DFA Portfolios assets): Underlying Fund Investment Range Japanese Series 10% - 35% United Kingdom Series 10% - 30% Continental Series 25% - 50% Asia Pacific Series 0% - 25% Canadian Series 0% - 20% The allocation of the assets of the DFA Portfolio to be invested in the Underlying Funds will be determined by the Sub-Adviser on at least a semi-annual basis. The Underlying Funds invest primarily in countries that the Sub-Adviser views as developed market countries. Each Underlying Fund may lend its portfolio securities to generate additional income. The DFA Portfolio and the Underlying Funds are advised by the Sub-Adviser. For as long as the Fund invests substantially all of its assets in the DFA Portfolio, the Sub-Adviser will not receive any sub-advisory fee from the Fund for its sub-advisory services.
The Sub-Adviser receives an investment management fee from the DFA Portfolio for the services the Sub-Adviser provides to the DFA Portfolio. The Sub-Adviser also receives investment management fees for providing investment management services to the Underlying Funds. The Sub-Adviser has agreed to this fee arrangement in order to prevent duplication of advisory fees to the Sub-Adviser. The Fund may withdraw its investment in the DFA Portfolio at any time if the Funds Board of Trustees determines that it is in the best interest of the Fund and its shareholders to do so. If this happens, the Funds assets either will be invested in another mutual fund or will be invested directly according to the investment policies and restrictions described in this Prospectus.
SACLX Holdings
Top 1 holdings of SA International Small Company Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| DFA International Small Company Portfolio | 100.12% |
SACLX Portfolio Allocation
Asset-class allocation of SA International Small Company Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 100.1% |
SACLX Performance
Total returns for SACLX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -28.7% |
| 3 years (annualised) | -0.9% |
SACLX Risk Information
Risk metrics for SACLX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 18.9%
SACLX Costs and Fees
SACLX costs about $100 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.00%
- Gross expense ratio: 1.00%
- Portfolio turnover: 4%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
SACLX Cashflows
Over the 12 months to 2026-06, SA International Small Company Fund had net outflows of $19.37M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$4.39M |
| 2026-05 | −$2.38M |
| 2026-04 | −$3.13M |
| 2026-03 | −$2.07M |
| 2026-02 | −$2.04M |
| 2026-01 | −$2.91M |
SACLX Debt Constituents
No individual debt constituents are reported in SA International Small Company Fund's latest SEC N-PORT filing.
SACLX Prospectus and SEC Filings
Official SA International Small Company Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-10-24
- Prospectus (485BPOS) — filed 2024-10-28
- Prospectus amendment (485APOS) — filed 2024-08-29
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-26
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-09-03
- Annual census (N-CEN) — filed 2025-09-05
Related Funds
Other United States Multi-Cap / All-Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.