SAN FRANCISCO--(BUSINESS WIRE)--Charles Schwab Investment Management, Inc. (CSIM), an asset management
arm of The Charles Schwab Corporation, announced today that it has
received three 2019 Lipper Fund Awards for outstanding fund performance.
For more than three decades, the Lipper awards have highlighted funds
and fund management companies that excel in delivering consistently
strong, risk-adjusted performance relative to their peers.
Each of the three Schwab Funds recognized this year employ Fundamental
Index® strategies. Unlike traditional index strategies that
typically weight companies based on market capitalization, Fundamental
Index strategies use objective financial measures based on company size.
The following Schwab Funds received awards at a ceremony held last night
in New York:
A pioneer in offering Fundamental Index strategies to investors, CSIM
was the first asset manager to launch Fundamental Index mutual funds and
currently offers six Fundamental Index mutual funds and six Fundamental
Index ETFs.
“We are very proud of our funds’ remarkable track record and are honored
by Lipper’s recognition of our Fundamental Index funds,” said Jonathan
de St. Paer, president of CSIM. “Fundamental Index strategies provide
investors with access to an innovative indexing approach that offers the
potential for more attractive risk-adjusted returns across market
cycles. In an increasingly complex investing landscape, these funds
combine a heritage of robust research, and a straightforward,
transparent design. We believe the funds can serve as complements to
traditional market-cap weighted index and actively managed strategies.”
In 2018, Schwab’s Fundamental Index products reached $22.9 billion in
assets under management.
About The Lipper Fund Awards
For more than three decades and in over 20 countries worldwide, the
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 Lipper Fund Awards, granted annually, highlight funds and fund
companies that have excelled in delivering consistently strong
risk-adjusted performance relative to their peers. The Lipper Fund
Awards are based on the Lipper Leader for Consistent Return rating,
which is a risk-adjusted performance measure calculated over 36, 60 and
120 months. The fund with the highest Lipper Leader for Consistent
Return (Effective Return) value in each eligible classification wins the
Lipper Fund Award. For more information, see lipperfundawards.com.
About Refinitiv
Refinitiv
– formerly the Financial and Risk business of Thomson Reuters – is one
of the world’s largest providers of financial markets data and
infrastructure. It provides leading data and insights, trading
platforms, and open data and technology platforms that connect a
thriving global financial markets community – driving performance in
trading, investment, wealth management, regulatory compliance, market
data management, enterprise risk and fighting financial crime.
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 $360 billion in
assets under management as of 12/31/18.
More information is available at schwabfunds.com.
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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and LinkedIn.
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
schwabfunds.com/prospectus
.
Please read the prospectus carefully before investing.
Past performance cannot guarantee future results.
Investment value will fluctuate, and shares, when sold or 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. 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.
Sector funds are not typically diversified and focuses its investments
on companies involved in a specific sector. The fund may involve a
greater degree of risk than an investment in other funds with greater
diversification.
Charles Schwab Investment Management, Inc. (CSIM) is the investment
advisor for Schwab Funds and Schwab ETFs. Schwab Funds are distributed
by Charles Schwab & Co., Inc. (Schwab), Member SIPC.
Schwab ETFs are distributed by SEI Investments Distribution Co. (SIDCO).
CSIM and Schwab, are separate but affiliated companies and subsidiaries
of The Charles Schwab Corporation, and are not affiliated with SIDCO or
Refinitiv.
Fundamental Index is a registered trademark of Research Affiliates, LLC.
Lipper at Refinitiv 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.
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