DIMENSIONAL INVESTMENT GROUP INC/
497, 1999-06-14
Previous: CORPORATE OFFICE PROPERTIES TRUST, 8-K, 1999-06-14
Next: NUVEEN CALIFORNIA MUNICIPAL MARKET OPPORTUNITY FUND INC, N-2/A, 1999-06-14





                      DFA INVESTMENT DIMENSIONS GROUP INC.
                        DIMENSIONAL INVESTMENT GROUP INC.
                            SUPPLEMENT TO PROSPECTUS
                              DATED MARCH 30, 1999

 Pacific Rim Small Company Portfolio and International Small Company Portfolio

     Effective June 14, 1999,  the Pacific Rim Small Company  Portfolio will
resume offering its shares to new investors, and the International Small Company
Portfolio  will  resume  purchasing  shares  of the  Pacific  Rim  Master  Fund.
Consequently,  (i)  the  following  paragraph  on  page 7 of the  prospectus  is
deleted:

         "The Pacific Rim Small Company  Portfolio is closed to new investments.
         International  Small Company  Portfolio  stopped buying the Master Fund
         purchased  by that  Portfolio.  These  actions  were taken  because the
         Malaysian  government  restricted  the  ability of foreign  investors -
         including the Master Fund in question - to withdraw  their  investments
         from Malaysia."

(ii) the  following two  sentences  replace the final  sentence of the carryover
paragraph on page 33 of the prospectus:

         "As of the date of this prospectus,  the target allocations noted above
         do  not  reflect  current  allocations.   As  of  June  14,  1999,  the
         International Small Company Portfolio resumed investment in the Pacific
         Rim Master Fund as a consequence of events in Malaysia that the Advisor
         believes has demonstrated an improved investment climate and regulatory
         environment."

(iii) the following sentence is inserted on page 33 of the prospectus at the end
of the third complete paragraph:

         "As of June 14, 1999, the Pacific Rim Small Company  Portfolio  resumed
         offering  its shares to new  investors  as a  consequence  of events in
         Malaysia  that  the  Advisor  believes  has  demonstrated  an  improved
         investment climate and regulatory environment."

 Large Cap International Portfolio, DFA International Value Series, Tax-Managed
    DFA International Value Portfolio, Pacific Rim Small Company Series, DFA
   International Small Cap Value Portfolio, Emerging Markets Series, Emerging
         Markets Value Portfolio and Emerging Markets Small Cap Series

     The final three  sentences  of the second full  paragraph on page 29 of
the prospectus are deleted and replaced with the following:

         "Currently,  principal amounts  repatriated within one year of the date
         of their  initial  investment  are subject to the levy at a  decreasing
         rate.  It is  anticipated  that a levy will no longer be imposed  after
         September  1,  1999,  at which  time  the  Malaysian  authorities  will
         implement a capital gains tax."

     The third and fourth full  paragraphs on pages 29-30 of the  prospectus
are deleted, and replaced with the following:

         "The  Portfolios  and  the  Master  Funds  are  presently  valuing  the
         Malaysian  investments  at the current  market prices of the securities
         and discounting  the U.S.  dollar-ringgit  currency  exchange rate. The
         Portfolios and the Master Funds consider their Malaysian investments to
         be liquid,  as a result of  transactions  where the  Portfolios and the
         Master Funds have successfully sold certain Malaysian investments,  and
         also because of changes in the Malaysian regulatory environment.  It is
         impossible  to predict  future  events in  Malaysia  and what,  if any,
         further  actions the Malaysian  government may take that may impact the
         Malaysian  investments  of the  Portfolios  and the Master  Funds.  The
         Advisor  is  closely  monitoring  developments  in  Malaysia,  and will
         continue to manage the Malaysian  investments  in the best interests of
         investors.

         As of June 7, 1999, Malaysian securities constituted  approximately the
         following  percentages of the net asset value of the designated  Master
         Funds and Portfolios:  Pacific Rim Series, 26.60%;  International Small
         Company  Portfolio,  5.51%;  Emerging Markets Value Portfolio,  10.14%;
         Emerging Markets Small Cap Series,  9.23%; and Emerging Markets Series,
         8.18%.  Malaysian securities constituted less than three percent of the
         net asset value of the other Portfolios and Master Series."

                  The date of this Supplement is June 14, 1999.



<PAGE>


                        DIMENSIONAL INVESTMENT GROUP INC.

                            SUPPLEMENT TO PROSPECTUS
                              DATED MARCH 29, 1999

                      DFA International Value Portfolio III

     The  final  three  sentences  of the  third  paragraph  in the  section
"Malaysian  Securities,"  which begins on page 9 of the prospectus,  are deleted
and replaced with the following:

         "Currently,  principal amounts  repatriated within one year of the date
         of their  initial  investment  are subject to the levy at a  decreasing
         rate.  It is  anticipated  that a levy will no longer be imposed  after
         September  1,  1999,  at which  time  the  Malaysian  authorities  will
         implement a capital gains tax."

     The first  complete  paragraph on page 10 of the  prospectus is deleted
and replaced with the following:

         "The  International  Value  Series is presently  valuing the  Malaysian
         investments  at  the  current  market  prices  of  the  securities  and
         discounting the U.S.  dollar-ringgit currency exchange rate. The Series
         considers  its  Malaysian  investments  to be  liquid,  as a result  of
         transactions  where Malaysian  investments have been successfully sold,
         and also because of changes in the Malaysian regulatory environment. It
         is  impossible  to predict  future events in Malaysia and what, if any,
         further  actions the Malaysian  government may take that may impact the
         Malaysian investments of the International Value Series. The Advisor is
         closely  monitoring  the  situation,  and will  continue  to manage the
         Malaysian investments in the best interests of investors. As of June 7,
         1999, Malaysian securities  constituted  approximately 0.37% of the net
         asset value of the International Value Series."


                 The date of this Supplement is June 14, 1999.



<PAGE>


                        DIMENSIONAL INVESTMENT GROUP INC.

                            SUPPLEMENT TO PROSPECTUS
                              DATED MARCH 29, 1999

                      DFA International Value Portfolio II

     The  final  three  sentences  of the  third  paragraph  in the  section
"Malaysian  Securities," on page 9 of the  prospectus,  are deleted and replaced
with the following:

         "Currently,  principal amounts  repatriated within one year of the date
         of their  initial  investment  are subject to the levy at a  decreasing
         rate.  It is  anticipated  that a levy will no longer be imposed  after
         September  1,  1999,  at which  time  the  Malaysian  authorities  will
         implement a capital gains tax."

     The fourth  paragraph  in the  section  "Malaysian  Securities,"  which
appears at the top of page 10 of the  prospectus,  is deleted and replaced  with
the following:

         "The Master Fund is presently valuing the Malaysian  investments at the
         current  market  prices  of the  securities  and  discounting  the U.S.
         dollar-ringgit  currency  exchange  rate. The Master Fund considers its
         Malaysian  investments to be liquid, as a result of transactions  where
         Malaysian  investments have been successfully sold, and also because of
         changes in the Malaysian  regulatory  environment.  It is impossible to
         predict future events in Malaysia and what, if any, further actions the
         Malaysian government may take that may impact the Malaysian investments
         of the Master Fund.  The Advisor is closely  monitoring  the situation,
         and will  continue  to manage  the  Malaysian  investments  in the best
         interests  of  investors.  As of June  7,  1999,  Malaysian  securities
         constituted  approximately  0.37% of the net asset  value of the Master
         Fund."


                 The date of this Supplement is June 14, 1999.



<PAGE>


                        DIMENSIONAL INVESTMENT GROUP INC.

                            SUPPLEMENT TO PROSPECTUS
                              DATED MARCH 29, 1999

                      DFA International Value Portfolio III

     The  final  three  sentences  of the  third  paragraph  in the  section
"Malaysian  Securities,"  which begins on page 9 of the prospectus,  are deleted
and replaced with the following:

         "Currently,  principal amounts  repatriated within one year of the date
         of their  initial  investment  are subject to the levy at a  decreasing
         rate.  It is  anticipated  that a levy will no longer be imposed  after
         September  1,  1999,  at which  time  the  Malaysian  authorities  will
         implement a capital gains tax."

     The first  complete  paragraph on page 10 of the  prospectus is deleted
and replaced with the following:

         "The  International  Value  Series is presently  valuing the  Malaysian
         investments  at  the  current  market  prices  of  the  securities  and
         discounting the U.S.  dollar-ringgit currency exchange rate. The Series
         considers  its  Malaysian  investments  to be  liquid,  as a result  of
         transactions  where Malaysian  investments have been successfully sold,
         and also because of changes in the Malaysian regulatory environment. It
         is  impossible  to predict  future events in Malaysia and what, if any,
         further  actions the Malaysian  government may take that may impact the
         Malaysian investments of the International Value Series. The Advisor is
         closely  monitoring  the  situation,  and will  continue  to manage the
         Malaysian investments in the best interests of investors. As of June 7,
         1999, Malaysian securities  constituted  approximately 0.37% of the net
         asset value of the International Value Series."


                 The date of this Supplement is June 14, 1999.




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission