Charles Schwab Investment Management, Inc., the asset management
arm of The Charles Schwab Corporation, announced that it has
received four Best-In-Class Thomson Reuters Lipper Fund Awards. The
annual Lipper Fund Awards recognize funds and fund management firms
for their consistently strong, risk-adjusted performance relative
to their peers.
Lipper honored the following funds on the basis of risk-adjusted
returns for the three-, five-, or ten-year periods ending November
30, 2016:
- Schwab Fundamental International
Small Company Index Fund (SFILX) was named best-in-class among
66 International Small/Mid-Cap Core Funds for the 3-year
period.
- Laudus Mondrian International Equity
Fund, Institutional (LIEIX) was named best-in-class among 33
International Large-Cap Value Funds for the 3-year period and among
32 International Large-Cap Value Funds for the 5-year period.
- Laudus International MarketMasters
Fund™, Select (SWMIX) was named best-in-class among 206
International Multi-Cap Growth Funds for the 10-year period.
“It’s an honor to be recognized by Lipper for our consistent
performance in each of these categories because these awards are a
reflection of our commitment to delivering strong investment
results over the long-term,” said Marie Chandoha, president and
chief executive officer of Charles Schwab Investment Management.
“We are dedicated to providing a modern approach to asset
management, quality products and a focus on service in order to
deliver value to our clients.”
The honor was announced last night at the Lipper Fund Awards
ceremony in New York.
About The Lipper Fund Awards
For more than three decades and in over 20 countries worldwide,
the Thomson Reuters Lipper Fund Awards have honored funds and fund
management firms that have excelled in providing consistently
strong, risk-adjusted performance relative to their peers.
Renowned fund data and proprietary methodology is the foundation
of the award qualification. Individual classifications of three-,
five-, and ten-year periods, as well as fund families with high
average scores for the three-year period are recognized.
The highly respected Lipper Fund Awards are part of the Thomson
Reuters Awards for Excellence. For more information, please email
markets.awards@thomsonreuters.com or visit
http://www.lipperfundawards.com.
About Charles Schwab Investment Management
Founded in 1989, Charles Schwab Investment Management, Inc., a
subsidiary of The Charles Schwab Corporation, is one of the
nation’s largest asset management companies, with more than $300B
in assets under management as of 12/31/16. It is among the
country’s largest money market fund managers based on assets under
management according to iMoneyNet as of 12/31/16. It is also the
third-largest provider of index mutual funds and the fifth largest
provider of ETFs.*
More information is available at csimfunds.com.
*Source: Strategic Insight, as of 12/31/16; based on assets
under management
About Schwab
At 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 view
and download a prospectus by visiting
csimfunds.com/prospectus. Please read the prospectus
carefully before investing.
Performance data quoted represents past performance and is no
guarantee of future results.
Investment returns and principal value will fluctuate so that
an investor’s shares, when sold or redeemed, may be worth more or
less than their original cost. Current performance may be lower or
higher than performance data quoted. To obtain performance
information current to the most recent month end, please visit
www.csimfunds.com. Performance data quoted does not
reflect the non-recurring redemption fee of 2% that may be charged
if shares are sold or exchanged within 30 days of the purchase
date. If these fees were reflected, the performance data quoted
would be lower.
Investment value will fluctuate, and shares, when redeemed,
may be worth more or less than their original cost.
Lipper Leaders fund ratings do not constitute and are not
intended to constitute investment advice or an offer to sell or the
solicitation of an offer to buy any security of any entity in any
jurisdiction. As a result, you should not make an investment
decision on the basis of this information. Rather, you should use
the Lipper ratings for informational purposes only. Certain
information provided by Lipper may relate to securities that may
not be offered, sold or delivered within the United States (or any
State thereof) or to, or for the account or benefit of, United
States persons. Lipper is not responsible for the accuracy,
reliability or completeness of the information that you obtain from
Lipper. In addition, Lipper will not be liable for any loss or
damage resulting from information obtained from Lipper or any of
its affiliates.
Distinction does not imply a guarantee of future results.
Distinction does not necessarily imply that the fund had the best
performance within its category. There are numerous Lipper Leaders
in every category.
International investments involve additional risks, which
include differences in financial accounting standards, currency
fluctuations, geopolitical risk, foreign taxes and regulations, and
the potential for illiquid markets. Investing in emerging markets
may accentuate these risks.
Small cap funds are subject to greater volatility than those in
other asset categories.
The Laudus Group® of Funds includes the Laudus U.S. Large Cap
Growth Fund and Laudus Mondrian Funds, which are part of the Laudus
Trust and distributed by ALPS Distributors, Inc. ALPS Distributors,
Inc. and Charles Schwab & Co., Inc. are unaffiliated
entities.
Charles Schwab Investment Management, Inc. (CSIM), the
investment advisor for Schwab Funds, and Charles Schwab & Co.,
Inc. (Schwab), Member SIPC, the distributor for Schwab Funds, are
separate but affiliated companies and subsidiaries of The Charles
Schwab Corporation.
Thomson Reuters Lipper is a nationally recognized organization
that ranks the performance of mutual funds within a universe of
funds that have similar investment objectives. The fund award
rankings are historical and are based on risk-adjusted total return
with capital gains and dividends reinvested.
(0317-WMHG) LAU003595 (0318)
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Charles SchwabKaitlyn Downing,
212-403-9240Kaitlyn.Downing@schwab.com
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