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4 Best Rated Schwab Mutual Fundsfor Your Portfolio
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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 $280 billion as of March 31, 2016. The company has been in the business for more than 25 years and at present is the 3rd largest provider of individual mutual funds.
Schwab Investment offers a variety of products including money market funds, ETFs, index funds, asset allocation funds, etc. The main objective of the company is to provide effective investment solutions that will fulfill the needs of its investors. The company with its experienced workforce has been able to offer the best opportunities worldwide.
Below we share with you four top-rated 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. Click here to see the complete list of Schwab Investment funds, their Zacks Rank and past performance.
Schwab MarketTrack Balanced (SWBGX - Free Report) aims to maintain specific asset allocation for its portfolio. The portfolio generally remains near the target allocation of 35% fixed income, 60% equity and 5% cash and cash equivalents. SWBGX seeks growth of both income and capital. The Schwab MarketTrack Balanced fund has a return of 6.2% year to date.
SWBGX has an expense ratio of 0.42% as compared to the category average of 1.02%.
Schwab Health Care (SWHFX - Free Report) seeks capital appreciation for the long run. SWHFX normally invests a lion’s share of its assets in securities of companies from the healthcare sector. The Schwab Health Care fund has a return of 1.8% year to date.
As of June 2016, SWHFX held 90 issues, with 7.86% of its assets invested in Johnson & Johnson.
Schwab Large-Cap Growth (SWLSX - Free Report) invests its assets in the securities of large-cap companies which fall within the range of the Russell 1000 Index. SWLSX seeks long-term growth of capital. The Schwab Large-Cap Growth fund has a return of 2.9% year to date.
SWBGX has an expense ratio of 0.99% as compared to the category average of 1.19%.
Schwab Hedged Equity seeks long-term capital appreciation and lower market volatility. SWHEX invests its assets mainly in domestic companies. The fund establishes long and short positions in securities issued by the companies of different market size.The Schwab Hedged Equity fund has a return of 4.2% year to date.
Jonas Svallin is one of the fund managers of SWHEX and has managed the fund since 2012.
By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Pick the best mutual funds with the Zacks Rank.
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4 Best Rated Schwab Mutual Fundsfor Your Portfolio
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 $280 billion as of March 31, 2016. The company has been in the business for more than 25 years and at present is the 3rd largest provider of individual mutual funds.
Schwab Investment offers a variety of products including money market funds, ETFs, index funds, asset allocation funds, etc. The main objective of the company is to provide effective investment solutions that will fulfill the needs of its investors. The company with its experienced workforce has been able to offer the best opportunities worldwide.
Below we share with you four top-rated 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. Click here to see the complete list of Schwab Investment funds, their Zacks Rank and past performance.
Schwab MarketTrack Balanced (SWBGX - Free Report) aims to maintain specific asset allocation for its portfolio. The portfolio generally remains near the target allocation of 35% fixed income, 60% equity and 5% cash and cash equivalents. SWBGX seeks growth of both income and capital. The Schwab MarketTrack Balanced fund has a return of 6.2% year to date.
SWBGX has an expense ratio of 0.42% as compared to the category average of 1.02%.
Schwab Health Care (SWHFX - Free Report) seeks capital appreciation for the long run. SWHFX normally invests a lion’s share of its assets in securities of companies from the healthcare sector. The Schwab Health Care fund has a return of 1.8% year to date.
As of June 2016, SWHFX held 90 issues, with 7.86% of its assets invested in Johnson & Johnson.
Schwab Large-Cap Growth (SWLSX - Free Report) invests its assets in the securities of large-cap companies which fall within the range of the Russell 1000 Index. SWLSX seeks long-term growth of capital. The Schwab Large-Cap Growth fund has a return of 2.9% year to date.
SWBGX has an expense ratio of 0.99% as compared to the category average of 1.19%.
Schwab Hedged Equity seeks long-term capital appreciation and lower market volatility. SWHEX invests its assets mainly in domestic companies. The fund establishes long and short positions in securities issued by the companies of different market size.The Schwab Hedged Equity fund has a return of 4.2% year to date.
Jonas Svallin is one of the fund managers of SWHEX and has managed the fund since 2012.
To view the Zacks Rank and past performance of all Schwab mutual funds, investors can click here to see the complete list of funds.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Pick the best mutual funds with the Zacks Rank.