Schwab Asset Management®, the asset management arm of The
Charles Schwab Corporation, today announced index and fund name
changes for the Schwab Fundamental Index* ETF and mutual fund
suite, effective on or about June 21, 2024. Shareholders in the
ETFs and mutual funds do not need to take any action. The changes
are part of Schwab Asset Management’s continual review of its
product set to refine and enhance its product line-up.
A total of 12 Schwab Fundamental Index ETFs and mutual funds
will be changing indexes and 11 of them will have new fund
names:
Ticker
Current Fund Name
New Fund Name
Current Index
New Index
FNDX
Schwab Fundamental U.S. Large Company
Index ETF
Schwab Fundamental U.S. Large Company
ETF
Russell RAFI US Large Company Index
RAFI Fundamental High Liquidity US Large
Index
SFLNX
Schwab Fundamental US Large Company Index
Fund
Schwab Fundamental U.S. Large Company
Index Fund
FNDA
Schwab Fundamental U.S. Small Company
Index ETF
Schwab Fundamental U.S. Small Company
ETF
Russell RAFI US Small Company Index
RAFI Fundamental High Liquidity US Small
Index
SFSNX
Schwab Fundamental US Small Company Index
Fund
Schwab Fundamental U.S. Small Company
Index Fund
FNDF
Schwab Fundamental International Large
Company Index ETF
Schwab Fundamental International Equity
ETF
Russell RAFI Developed ex US Large Company
Index
RAFI Fundamental High Liquidity Developed
ex US Large Index
SFNNX
Schwab Fundamental International Large
Company Index Fund
Schwab Fundamental International Equity
Index Fund
FNDC
Schwab Fundamental International Small
Company Index ETF
Schwab Fundamental International Small
Equity ETF
Russell RAFI Developed ex US Small Company
Index
RAFI Fundamental High Liquidity Developed
ex US Small Index
SFILX
Schwab Fundamental International Small
Company Index Fund
Schwab Fundamental International Small
Equity Index Fund
FNDE
Schwab Fundamental Emerging Markets Large
Company Index ETF
Schwab Fundamental Emerging Markets Equity
ETF
Russell RAFI Emerging Markets Large
Company Index
RAFI Fundamental High Liquidity Emerging
Markets Index
SFENX
Schwab Fundamental Emerging Markets Large
Company Index Fund
Schwab Fundamental Emerging Markets Equity
Index Fund
FNDB
Schwab Fundamental U.S. Broad Market Index
ETF
Schwab Fundamental U.S. Broad Market
ETF
Russell RAFI US Index
RAFI Fundamental High Liquidity US All
Index
SFREX
Schwab Fundamental Global Real Estate
Index Fund
No change
Russell RAFI Global Select Real Estate
Index
RAFI Fundamental High Liquidity Global
Real Estate Index
While the current indexes use the FTSE Global Total Cap Index as
their starting universe, the new indexes will use the RAFI Global
Equity Investable Universe (GEIU) as their starting universe. The
same fundamental index methodology is still applied to screen
companies based on three fundamental variables:
1) adjusted sales
2) retained operating cash flow
3) dividends plus buybacks
The index methodology for the RAFI index suite can be found
here
About Schwab Asset Management
One of the industry’s largest and most experienced asset
managers, Schwab Asset Management offers a focused lineup of
competitively priced ETFs, mutual funds and separately managed
account strategies designed to serve the central needs of most
investors. By operating through clients’ eyes, and putting them at
the center of our decisions, we aim to deliver exceptional
experiences to investors and the financial professionals who serve
them. As of December 31, 2023, Schwab Asset Management managed
approximately $1.0 trillion on a discretionary basis and $33.5
billion on a non-discretionary basis. More information is available
at www.schwabassetmanagement.com.
About Charles Schwab
At Charles 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. Follow us
on Twitter, Facebook, YouTube 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
download a prospectus by visiting
https://www.schwabassetmanagement.com/prospectus. Please read it
carefully before investing.
Investment returns will fluctuate and are subject to market
volatility, so that an investor’s shares, when redeemed or sold,
may be worth more or less than their original cost. Unlike mutual
funds, shares of ETFs are not individually redeemable directly with
the ETF. Shares of an ETF are bought and sold at market price,
which may be higher or lower than the net asset value (NAV).
* SCHWAB is a registered trademark of Charles Schwab & Co.,
Inc. FUNDAMENTAL INDEX is a registered trademark of Research
Affiliates LLC.
The Schwab Fundamental Index Funds are not in any way sponsored,
endorsed, sold or promoted by Frank Russell Company (Russell), by
the London Stock Exchange Group companies (LSEG), or by Research
Affiliates LLC (RA) (collectively the Licensor Parties), and none
of the Licensor Parties make any warranty or representation
whatsoever, expressly or impliedly, either as to the results to be
obtained from the use of the Russell RAFI Index Series (the
Indexes) or otherwise. The Indexes are compiled and calculated by
Russell in conjunction with RA. None of the Licensor Parties shall
be liable (whether in negligence or otherwise) to any person for
any error in the Indexes and none of the Licensor Parties shall be
under any obligation to advise any person of any error therein.
“Russell®” is a trademark of Russell. The trade names “Research
Affiliates®”, “Fundamental Index®” and “RAFI®” are registered
trademarks of RA. Charles Schwab Investment Management, Inc. has
obtained full license from Russell to use the Indexes. For full
disclaimer please see the funds’ statements of additional
information.
Each RAFI Fundamental High Liquidity Index (each an Index) is a
service mark of RAFI Indices, LLC or its affiliates (collectively,
RAFI) and has been licensed for use by Charles Schwab Investment
Management, Inc. The intellectual and other property rights to each
Index are owned by or licensed to RAFI. The Schwab Fundamental
Index Funds are not sponsored, endorsed, sold or promoted by RAFI,
its agents or service providers (collectively, the RAFI Parties).
The RAFI Parties: (i) make no representation or warranty as to the
results to be obtained from the use of an Index or otherwise; and
(ii) shall not be liable (whether in negligence or otherwise) to
any person for any error in an Index. For full disclaimer, please
see the funds’ statements of additional information.
Schwab Asset Management® is the dba name for Charles Schwab
Investment Management, Inc., the investment adviser for Schwab
Funds, Schwab ETFs, and separately managed account strategies.
Schwab Funds are distributed by Charles Schwab & Co., Inc.
(Schwab), Member SIPC. Schwab ETFs are distributed by SEI
Investments Distribution Co. (SIDCO). Schwab Asset Management and
Schwab are separate but affiliated companies and subsidiaries of
The Charles Schwab Corporation, and are not affiliated with
SIDCO.
0324-LT6Z
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240313197254/en/
Christine Underhill Charles Schwab 415-961-3790
Charles Schwab (NYSE:SCHW)
過去 株価チャート
から 4 2024 まで 5 2024
Charles Schwab (NYSE:SCHW)
過去 株価チャート
から 5 2023 まで 5 2024