Schwab Target 2040 Fund

Class Other (SWERX)
Scorecard
5 / 5 Stars
Lipper
5 5 1 5 4
Zacks Investment Research
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Standard & Poor's
5 / 5 Stars
TheStreet.com
C+ (Hold)

U.S. News evaluated 51 Target Date 2036-2040 Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 21.50 percent over the past year, 12.54 percent over the past three years, and 16.09 percent over the past five years.

Trailing Returns Updated 06.30.2014
Year to date 5.3%
1 Year 21.5%
3 Years (Annualized) 12.5%
5 Years (Annualized) 16.1%
10 Years (Annualized) N/A

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Summary

The investment seeks to provide capital appreciation and income consistent with its current asset allocation. The fund invests primarily in a combination of other Schwab Funds and Laudus Funds. It is designed for an investor who anticipates retiring at or about the target date and plans to withdraw the value of the investor's account in the fund gradually after retirement. At the stated target date, the fund's allocation will be approximately 40% equity securities, 54% fixed income securities, and 6% cash and cash equivalents (including money market funds). It may also invest in unaffiliated third party mutual funds.