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3 Top-Ranked Schwab Mutual Funds for Great Returns
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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 $315 billion as of March 31, 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 fulfil 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 purposes, SWOBX invests almost all its assets in money market instruments and short-term cash obligations. The one-year annualized return for Schwab Balancedis 11.9%.
Zifan Tang is the fund manager of SWOBX since 2012.
Schwab MarketTrack Growth (SWHGX - Free Report) seeks growth of capital. SWHGX aims to maintain 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 has a one-year annualized return of 13.8%.
SWHGX has an expense ratio of 0.59% as compared with the category average of 0.83%.
Schwab Global Real Estate (SWASX - Free Report) invests a 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 Estatehas a one-year annualized return of 4.7%.
As of June 2017, SWASX held 142 issues, with 2.31% of its assets invested in Equity Lifestyle Properties Inc.
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3 Top-Ranked Schwab Mutual Funds for Great 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 $315 billion as of March 31, 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 fulfil 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 purposes, SWOBX invests almost all its assets in money market instruments and short-term cash obligations. The one-year annualized return for Schwab Balancedis 11.9%.
Zifan Tang is the fund manager of SWOBX since 2012.
Schwab MarketTrack Growth (SWHGX - Free Report) seeks growth of capital. SWHGX aims to maintain 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 has a one-year annualized return of 13.8%.
SWHGX has an expense ratio of 0.59% as compared with the category average of 0.83%.
Schwab Global Real Estate (SWASX - Free Report) invests a 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 Estatehas a one-year annualized return of 4.7%.
As of June 2017, SWASX held 142 issues, with 2.31% of its assets invested in Equity Lifestyle Properties Inc.
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.
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