Schwab MarketTrack Growth (SWHGX - Free Report) a Zacks Rank #1 (Strong Buy) was incepted in November 1995 and is managed by Charles Schwab Investment Management, Inc. SWHGX seeks high capital growth with less volatility than an all-stock portfolio. To pursue its goal, the portfolio maintains a defined asset allocation. The portfolio's target allocation includes bond, stock and cash investments. SWHGX invests mainly in other Schwab funds, including index funds, which seek to track the total returns of various market indices.
This fund, as of the last filing, allocates their fund in five major groups; Large Value, Intermediate Bond, Foreign Stock, Large Growth and Small Value.
Schwab MarketTrack Growth, managed by Schwab Funds, carries an expense ratio of 0.41%. Moreover, SWHGX requires a minimal initial investment of $100.
SWHGX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 3.88%, 3 year 4.41% and 5 year 8.87%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
SWHGX’s performance, as of the last filing, when compared to funds in its category was in the top 17% in 1 year, top 15% over the past 3 years, and in the 13% over the past 5 years.
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