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Schwab to Launch First Global Real Estate Mutual Fund to Track a Fundamentally Weighted Index
1. Schwab to Launch First Global Real Estate Mutual Fund to
Track a Fundamentally Weighted Index
"This new addition to Schwab's index mutual fund loved ones marries the diversification and
dividend prospective of global actual estate with the intelligence of the Basic Index methodology,
which we believe is a strong mixture"
SAN FRANCISCO--(Company WIRE)--Charles Schwab Investment Management, Inc. (CSIM)
announced nowadays that it will expand its index mutual fund lineup with the launch of the Schwab
Fundamental Worldwide Actual Estate Index Fund (SFREX). The new fund is the only U.S.-based
real estate fund to apply the Russell Fundamental Index® Series to a broad-primarily based, global
portfolio of actual estate securities.
Managed by CSIM, the Schwab Fundamental Global True Estate Index Fund will track the Russell
Basic Global Select True Estate Index. The index, which comprises much more than 200 true estate
corporations in 20 countries, measures the functionality of residential and commercial real estate
companies and real estate investment trusts (REITs) in U.S. and non-U.S. markets, which includes
developed and emerging markets, working with a fundamentally weighted methodology. Items
making use of fundamentally weighted methods frequently fall into the category of smart or
strategic beta investing they break the link with price by weighting securities based on economic
things such as adjusted sales, retained operating money flow, and dividends plus buybacks, rather
than by market capitalization.
"This new addition to Schwab's index mutual fund family marries the diversification and dividend
prospective of worldwide real estate with the intelligence of the Basic Index methodology, which we
think is a highly effective combination," mentioned John Sturiale, Senior Vice President of Item
Management at Charles Schwab & Co., Inc. "We're pleased to be the 1st firm that delivers
investors a low cost way to access this foundational asset class by working with this strategy."
In a whitepaper released these days by the Schwab Center for Monetary Research, Anthony
Davidow, Option Beta and Asset Allocation Strategist, explores the role of international genuine
estate inside an investor's portfolio and the rationale for gaining exposure to the asset class working
with fundamentally weighted indexing.
"International real estate represents a valuable addition to a diversified asset allocation model and
has historically delivered robust performance, desirable yields, and diversification positive aspects
relative to conventional investments," noted Davidow in his study. "Fundamentally weighted
indexing can supply a wonderful complement to conventional cap weighted indexing, and we believe
2. that applying these techniques to international real estate makes a lot of sense."
The Schwab Fundamental Global Real Estate Index Fund will have a net operating expense ratio of
.49 percent and is out there for a $100 minimum investment. The subscription period for the fund
will start on September eight and continues until October 21, 20141. For additional data on how to
subscribe, investors can get in touch with 877-870-7271 or check out schwab.com/globalrealestate.
The fund will be accessible for general acquire beginning October 22, 2014.
CSIM is the only asset manager to present mutual funds and exchange-traded funds (ETFs) tracking
the Russell Fundamental Index® Series, which is compiled and calculated by Russell Investments
in conjunction with Research Affiliates LLC. Schwab launched its initial Basic Index mutual funds in
2007 and its very first Basic Index ETFs in 2013. These five mutual funds and six ETFs now have
$7.1 billion in total assets beneath management as of July 31, 2014.
More details about Schwab's line-up of Basic Index funds is obtainable at schwab.com or by calling
877-870-7271.
Fund Management
Agnes Hong, Managing Director and Head of Passive Equity Techniques for CSIM leads the portfolio
management teams of Schwab's passive equity funds and ETFs, which comprise the Schwab Equity
Index Funds, the Schwab Basic Index Funds, and the Schwab Equity ETFs. She also has general duty
for all elements of the management of the funds. Ferian Juwono, Managing Director and Senior
Portfolio Manager for CSIM, is responsible for the day-to-day co-management of the Schwab
Fundamental Index Funds, Schwab Equity Index Funds, and the Schwab Equity ETFs.
About Charles Schwab Investment Management
Founded in 1989, Charles Schwab Investment Management, Inc. (CSIM), a subsidiary of The Charles
Schwab Corporation, is a single of the nation's largest asset management firms with $241.7 billion in
assets under management as of July 31, 2014. It is amongst the country's largest revenue market
place fund managers and is the third-largest provider of retail index funds. In addition to managing
Schwab's proprietary funds, CSIM delivers oversight for the sub-advised Laudus Fund family
members. CSIM currently manages 76 mutual funds, 22 of which are actively-managed funds, in
addition to two separate account model portfolios, and 21 ETF offerings.
About Schwab
At Charles Schwab we think in the power of investing to assist people create a better tomorrow. We
have a history of difficult the status quo in our sector, innovating in ways that advantage investors
and the advisors and employers who serve them, and championing our clients' objectives with
passion and integrity.
Far more data is accessible at www.aboutschwab.com. Comply with us on Twitter, Facebook,
YouTube, LinkedIn and our Schwab Talk blog.
DISCLOSURES
Investors should contemplate very carefully info contained in the prospectus, like investment
objectives, dangers, charges, and expenditures. You can request a prospectus by clicking Investor
Information or calling 800-435-4000. Please study the prospectus meticulously prior to investing.
3. The investment adviser and its affiliates have agreed to limit the total annual fund operating
expenditures (excluding interest, taxes and particular non-routine costs) of the fund to .49% for so
lengthy as the investment adviser serves as the adviser to the fund. This agreement may perhaps
only be amended or terminated with the approval of the fund's Board of Trustees.
For the period October 21, 2014 by way of January 31, 2015, the investment advisor has agreed to
waive the fund's net operating expenses to .00% (excluding interest, taxes, and specific non-routine
expenditures).
Investment worth will fluctuate, and shares, when redeemed, may well be worth more or much less
than their original cost.
Diversification does not limit the danger of investment losses.
International investments involve additional risks, which incorporate differences in monetary
accounting requirements, currency fluctuations, geopolitical threat, foreign taxes and regulations,
and the potential for illiquid markets. Investing in emerging markets may perhaps accentuate these
dangers.
Risks of investing in REITs are related to these associated with direct ownership of true estate, such
as modifications in true estate values and property taxes, interest prices, cash flow of underlying
real estate assets, provide and demand, and the management ability and credit worthiness.
Russell Investments (Russell) and Research Affiliates LLC (RA) have entered into a strategic alliance
with respect to the Russell Fundamental Index Series. Subject to RA's intellectual house rights in
particular content material, Russell is the owner of all copyrights connected to the Russell
Fundamental Index Series. Russell and RA jointly own all trademark and service mark rights in and
to the Russell Fundamental Index Series. Schwab is not affiliated with Russell or RA. Schwab Basic
Index Funds are not sponsored, endorsed, sold or promoted by Russell or RA, and Russell and RA do
not make any representation concerning the advisability of investing in shares of the fund.
Investigation Affiliates is the owner of certain intellectual property (see all applicable rights
disclosures and notices at www.researchaffiliates.com/Pages/legal.aspx#d, which are fully
incorporated herein.)
None of the Schwab Fundamental Index Funds are promoted, sponsored, or endorsed by, nor in any
way affiliated with, Russell Investments or Analysis Affiliates, LLC. Russell Investments and Analysis
Affiliates, LLC, are not responsible for and have not reviewed the Schwab Basic Index Funds nor any
connected literature or publications, and Russell Investments and Investigation Affiliates, LLC, make
no representations or warranties, express or implied, as to their accuracy, or completeness, or
otherwise.
Charles Schwab Investment Management, Inc. ("CSIM"), the investment advisor for Schwab's
proprietary funds, and Charles Schwab & Co., Inc. ("Schwab"), the distributor for Schwab
Funds, are separate but affiliated corporations and subsidiaries of The Charles Schwab Corporation.
SCFR is a division of Charles Schwab & Co., Inc.
Schwab ETFs are distributed by SEI Investments Distribution Co. (SIDCO). SIDCO is not affiliated
with the Charles Schwab Corporation or any of its affiliates.
1 Schwab is looking for investors for the fund throughout an initial providing period. As of the date
of the prospectus, Schwab anticipates that this period will commence on September 8, 2014 and end
4. on October 21, 2014, despite the fact that the period could be extended or otherwise changed. In the
course of the initial supplying period, orders might only be placed through Schwab. Payment for
shares of the fund will not be accepted till the completion of the initial offering period. Orders
received following the initial supplying period will be executed at the next share price tag calculated
for the fund.
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aunch-very first-global-genuine-estate-mutual-fund-track
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