Schwab Target 2040
Schwab Funds 101 Montgomery Street San Francisco, CA 94104
Map
Phone: 800-435-4000
| Category: | Target-Date 2030+ | | Fund Family: | Schwab Funds | | Net Assets: | 119.12M | | Year-to-Date Return: | -9.70% | | Yield: | 3.26% | | Morningstar Rating: |  | | Fund Inception Date: | 01-Jul-05 |
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Jeffrey Mortimer
Lead Manager since
01-Jul-05 | | | Mortime is a senior vice president and chief investment officer, equities, of Charles Schwab Investment Management inc. Prior to joining the firm in October 1997, he worked for more than eight years in asset management. He holds Chartered Financial Analyst designation. |
| Min Initial Investment: | $100 | | Min Initial Investment, IRA: | $0 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $0 |
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| The investment seeks capital appreciation and income consistent with the current asset allocation. The fund invests in a combination of Schwab funds and Laudus funds in accordance with the target portfolio allocation. The target asset allocation is adjusted annually based on the adviser's strategy. In general, each target fund's allocation to equity securities decreases and the allocation to fixed income securities increases as the fund approaches the target retirement date. |
| Last Dividend
(31-Dec-07):
| 0.36 | | Last Cap Gain
(31-Dec-07):
| 0.09 | | Annual Holdings Turnover
| 1.00% | | Average for Category:
| 23.98% |
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| Expense | SWERX | Category
Avg | | Total Expense Ratio: | 0.01%
| 0.68% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 5.09% | | Max Deferred Sales Load: | 0.00%
| 2.40% | | 3 Yr Expense Projection*: |
$338 | $854 | | 5 Yr Expense Projection*: |
$597 | $1,653 | | 10 Yr Expense Projection*: |
$1,338 | $3,149 |
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2.99% Nasdaq 0.00%
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