Schwab Funds is one of the largest mutual fund managers in the United States. Managed by Charles Schwab Investment Management, Inc. (CSIM), Schwab's asset-management arm, Schwab Funds offers an array of investment strategies to help investors meet their financial goals. Investment strategies include equity index funds, actively managed equity funds using Schwab Equity Ratings, market track and target portfolios (asset allocation funds), fixed income funds and money market funds.
Schwab Funds Fast Facts
- Founded in 1989
- $199 billion in assets under management
- 62 mutual funds
About Charles Schwab & Co., Inc
The Charles Schwab Corporation (NYSE / Nasdaq: SCH), through its operating subsidiaries, provides securities brokerage and financial services to individual investors and the independent investment advisors who work with them. With over seven million individual investor accounts and more than $1 trillion in client assets, The Charles Schwab Corporation is one of the nation's largest financial services firms. Its subsidiary Charles Schwab & Co., Inc. (member SIPC) provides a complete range of investment services and products, including an extensive selection of mutual funds; financial planning and investment advice; retirement plans; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent fee-based investment advisors. Its subsidiary Charles Schwab Bank (member FDIC) provides banking and mortgage services and products. Schwab's other operating subsidiary is CyberTrader®, Inc. (member SIPC). These companies' Web sites can be reached at http://www.schwab.com, http://www.schwabbank.com, and http://www.cybertrader.com.