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3 Zacks Rank #1 Schwab Mutual Funds for Stupendous Returns

Zacks Equity Research
Updated
Is (AMTD) Outperforming Other Finance Stocks This Year?

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 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%.

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Zifan Tang is the fund manager of SWOBX since 2012.

Schwab Global Real Estate SWASX 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 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.

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Zacks Investment Research