Charles Schwab Investment Management, Inc., the asset management arm of
The Charles Schwab Corporation, announced that it has received four
Best-In-Class Thomson Reuters Lipper Fund Awards. The annual Lipper Fund
Awards recognize funds and fund management firms for their consistently
strong, risk-adjusted performance relative to their peers.
Lipper honored the following funds on the basis of risk-adjusted returns
for the three-, five-, or ten-year periods ending November 30, 2016:
“It’s an honor to be recognized by Lipper for our consistent performance
in each of these categories because these awards are a reflection of our
commitment to delivering strong investment results over the long-term,”
said Marie Chandoha, president and chief executive officer of Charles
Schwab Investment Management. “We are dedicated to providing a modern
approach to asset management, quality products and a focus on service in
order to deliver value to our clients.”
The honor was announced last night at the Lipper Fund Awards ceremony in
New York.
About The Lipper Fund Awards
For more than three decades and in over 20 countries worldwide, the
Thomson Reuters Lipper Fund Awards have honored funds and fund
management firms that have excelled in providing consistently strong,
risk-adjusted performance relative to their peers.
Renowned fund data and proprietary methodology is the foundation of the
award qualification. Individual classifications of three-, five-, and
ten-year periods, as well as fund families with high average scores for
the three-year period are recognized.
The highly respected Lipper Fund Awards are part of the Thomson Reuters
Awards for Excellence. For more information, please email markets.awards@thomsonreuters.com
or visit http://www.lipperfundawards.com.
About Charles Schwab Investment Management
Founded in 1989, Charles Schwab Investment Management, Inc., a
subsidiary of The Charles Schwab Corporation, is one of the nation’s
largest asset management companies, with more than $300B in assets under
management as of 12/31/16. It is among the country’s largest money
market fund managers based on assets under management according to
iMoneyNet as of 12/31/16. It is also the third-largest provider of index
mutual funds and the fifth largest provider of ETFs.*
More information is available at csimfunds.com.
*Source: Strategic Insight, as of 12/31/16; based on assets under
management
About Schwab
At Schwab we believe in the power of investing to help individuals
create a better tomorrow. We have a history of challenging the status
quo in our industry, innovating in ways that benefit investors and the
advisors and employers who serve them, and championing our clients’
goals with passion and integrity.
More information is available at www.aboutschwab.com.
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DISCLOSURES:
Investors should consider carefully information contained in the
prospectus, or if available, the summary prospectus, including
investment objectives, risks, charges, and expenses. You can view and
download a prospectus by visiting
csimfunds.com/prospectus
.
Please read the prospectus carefully before investing.
Performance data quoted represents past performance and is no
guarantee of future results.
Investment returns and principal value will fluctuate so that an
investor’s shares, when sold or redeemed, may be worth more or less than
their original cost. Current performance may be lower or higher than
performance data quoted. To obtain performance information current to
the most recent month end, please visit
www.csimfunds.com
.
Performance data quoted does not reflect the non-recurring redemption
fee of 2% that may be charged if shares are sold or exchanged within 30
days of the purchase date. If these fees were reflected, the performance
data quoted would be lower.
Investment value will fluctuate, and shares, when redeemed, may be
worth more or less than their original cost.
Lipper Leaders fund ratings do not constitute and are not intended to
constitute investment advice or an offer to sell or the solicitation of
an offer to buy any security of any entity in any jurisdiction. As a
result, you should not make an investment decision on the basis of this
information. Rather, you should use the Lipper ratings for informational
purposes only. Certain information provided by Lipper may relate to
securities that may not be offered, sold or delivered within the United
States (or any State thereof) or to, or for the account or benefit of,
United States persons. Lipper is not responsible for the accuracy,
reliability or completeness of the information that you obtain from
Lipper. In addition, Lipper will not be liable for any loss or damage
resulting from information obtained from Lipper or any of its affiliates.
Distinction does not imply a guarantee of future results. Distinction
does not necessarily imply that the fund had the best performance within
its category. There are numerous Lipper Leaders in every category.
International investments involve additional risks, which include
differences in financial accounting standards, currency fluctuations,
geopolitical risk, foreign taxes and regulations, and the potential for
illiquid markets. Investing in emerging markets may accentuate these
risks.
Small cap funds are subject to greater volatility than those in other
asset categories.
The Laudus Group® of Funds includes the Laudus U.S. Large Cap Growth
Fund and Laudus Mondrian Funds, which are part of the Laudus Trust and
distributed by ALPS Distributors, Inc. ALPS Distributors, Inc. and
Charles Schwab & Co., Inc. are unaffiliated entities.
Charles Schwab Investment Management, Inc. (CSIM), the investment
advisor for Schwab Funds, and Charles Schwab & Co., Inc. (Schwab),
Member SIPC, the distributor for Schwab Funds, are separate but
affiliated companies and subsidiaries of The Charles Schwab Corporation.
Thomson Reuters Lipper is a nationally recognized organization that
ranks the performance of mutual funds within a universe of funds that
have similar investment objectives. The fund award rankings are
historical and are based on risk-adjusted total return with capital
gains and dividends reinvested.
(0317-WMHG) LAU003595 (0318)
