We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
3 Zacks Rank #1 Schwab Mutual Funds for Stupendous Returns
Read MoreHide Full Article
Founded in 1989, Charles Schwab Investment Management, Inc. provides diverse investment products to its clients, including institutional and private investors. Charles Schwab Investment’s assets under management were more than $320 billion as of Jun 30, 2017. The company has been in business for more than 25 years and is presently a major provider of individual mutual funds.
Schwab Investment offers a variety of products including money market funds, ETFs, index funds and asset allocation funds. The main objective of the company is to provide effective investment solutions that fulfill the needs of its investors. With its experienced workforce, the company has been able to offer the best opportunities worldwide.
Schwab Balanced (SWOBX - Free Report) seeks capital growth by primarily investing in equity and fixed income securities. During unusual market and economic conditions or to attain liquidity, SWOBX invests almost all its assets in money market instruments and short-term cash obligations. Schwab Balanced has one-year annualized returns of 13.1%.
Zifan Tang is the fund manager of SWOBX since 2012.
Schwab Global Real Estate (SWASX - Free Report) invests the bulk of its assets in common stocks of companies related to the real estate sector. SWASX may also invest in real estate investment trusts. The fund may also invest in derivative instruments like options, swaps and futures which are based on the real estate industry. Schwab Global Real Estate has one-year annualized returns of 12.9%.
As of June 2017, SWASX held 142 issues, with 2.31% of its assets invested in Equity Lifestyle Properties Inc.
Schwab MarketTrack Growth (SWHGX - Free Report) seeks growth of capital. SWHGX aims to maintain a specific asset allocation for its portfolio. The portfolio generally remains near the target allocation of 15% fixed income, 80% equity and 5% cash and cash equivalents. Schwab MarketTrack Growth fund has returned 15.9% in a year’s time.
SWHGX has an expense ratio of 0.41% as compared with the category average of 0.80%.
Image: Bigstock
3 Zacks Rank #1 Schwab Mutual Funds for Stupendous Returns
Founded in 1989, Charles Schwab Investment Management, Inc. provides diverse investment products to its clients, including institutional and private investors. Charles Schwab Investment’s assets under management were more than $320 billion as of Jun 30, 2017. The company has been in business for more than 25 years and is presently a major provider of individual mutual funds.
Schwab Investment offers a variety of products including money market funds, ETFs, index funds and asset allocation funds. The main objective of the company is to provide effective investment solutions that fulfill the needs of its investors. With its experienced workforce, the company has been able to offer the best opportunities worldwide.
Below we share with you three top-ranked Schwab mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of funds.
Schwab Balanced (SWOBX - Free Report) seeks capital growth by primarily investing in equity and fixed income securities. During unusual market and economic conditions or to attain liquidity, SWOBX invests almost all its assets in money market instruments and short-term cash obligations. Schwab Balanced has one-year annualized returns of 13.1%.
Zifan Tang is the fund manager of SWOBX since 2012.
Schwab Global Real Estate (SWASX - Free Report) invests the bulk of its assets in common stocks of companies related to the real estate sector. SWASX may also invest in real estate investment trusts. The fund may also invest in derivative instruments like options, swaps and futures which are based on the real estate industry. Schwab Global Real Estate has one-year annualized returns of 12.9%.
As of June 2017, SWASX held 142 issues, with 2.31% of its assets invested in Equity Lifestyle Properties Inc.
Schwab MarketTrack Growth (SWHGX - Free Report) seeks growth of capital. SWHGX aims to maintain a specific asset allocation for its portfolio. The portfolio generally remains near the target allocation of 15% fixed income, 80% equity and 5% cash and cash equivalents. Schwab MarketTrack Growth fund has returned 15.9% in a year’s time.
SWHGX has an expense ratio of 0.41% as compared with the category average of 0.80%.
To view the Zacks Rank and past performance of all Schwab mutual funds, investors can click here to see the complete list of Schwab funds.
Want key mutual fund info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>