Schwab Funds (SCHW) Introduces First Actively Managed International Fund
Schwab Funds is expanding its family of mutual funds with the addition of its first actively managed international fund -- the Schwab(R) International Core Equity Fund.
The new fund is designed to offer broad international equity exposure to help investors diversify their portfolios. The fund combines portfolio optimization strategies with rigorous, systematic international stock research developed by the Schwab Center for Financial Research. Building on the same research approach used to create the industry-recognized Schwab Equity Ratings, Schwab's new international stock research evaluates the long-term growth outlook of stocks outside the U.S. and is available for the exclusive use of Charles Schwab Investment Management.
Charles Schwab Corporation (Nasdaq: SCHW) is a provider of financial services, with more than 300 offices and 7.2 million client brokerage accounts, 1.3 million corporate retirement plan participants, 318,000 banking accounts, and $1.4 trillion in client assets.[SM]
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