Charles Schwab Investment Management, Inc. (CSIM) announced
today that the Schwab Fundamental International Large Company Index
Fund (SFNNX) has won a 2021 US Refinitiv Lipper Fund Award for
outstanding fund performance. The award marks the fourth
consecutive year that CSIM has been recognized for the performance
of offerings from its Fundamental Index* fund suite.
The annual Refinitiv Lipper Fund Awards recognize funds and fund
management companies that excel in delivering consistently strong,
risk-adjusted performance relative to their peers.
SFNNX was named best-in-class among 43 international multi-cap
value funds for the five-year ranking period ending November 30,
2020.
“We are incredibly pleased that Lipper has recognized the
performance of our Schwab Fundamental International Large Company
Index Fund,” said David Botset, SVP of Product Strategy at CSIM.
“Diversification is a core tenet of long-term investing, and one
that we believe is critical in the current investment environment.
The Schwab Fundamental Index strategies can serve as a compelling,
low-cost complement to traditional index and actively managed
strategies, which together offer investors broad diversification
and the potential for strong returns over time. We are proud to
continue helping investors achieve their financial goals with
Schwab’s Fundamental Index suite.”
As the first asset manager to launch Fundamental Index mutual
funds, CSIM has been a leader in this space for more than a
decade.
About Refinitiv Lipper Fund Awards
For more than 30 years and in over 17 countries worldwide, the
highly-respected Refinitiv Lipper Awards have honored funds and
fund management firms that have excelled in providing consistently
strong risk-adjusted performance relative to their peers and focus
the investment world on top-funds. The merit of the winners is
based on entirely objective, quantitative criteria. This coupled
with the unmatched depth of fund data, results in a unique level of
prestige and ensures the award has lasting value. Renowned fund
data and proprietary methodology is the foundation of this
prestigious award qualification, recognizing excellence in fund
management. Find out more at www.lipperfundawards.com.
The Refinitiv Lipper Fund Awards, granted annually, highlight
funds and fund companies that have excelled in delivering
consistently strong risk-adjusted performance relative to their
peers. The Refinitiv Lipper Fund Awards are based on the Lipper
Leader for Consistent Return rating, which is a risk-adjusted
performance measure calculated over 36, 60 and 120 months. The fund
with the highest Lipper Leader for Consistent Return (Effective
Return) value in each eligible classification wins the Refinitiv
Lipper Fund Award. For more information, see lipperfundawards.com.
Although Refinitiv Lipper makes reasonable efforts to ensure the
accuracy and reliability of the data contained herein, the accuracy
is not guaranteed by Refinitiv Lipper.
About Refinitiv
Refinitiv is one of the world’s largest providers of financial
markets data and infrastructure, serving over 40,000 institutions
in approximately 190 countries. It provides leading data and
insights, trading platforms and open data and technology platforms
that connect a thriving global financial markets community –
driving performance in trading, investment, wealth management,
regulatory compliance, market data management, enterprise risk and
fighting financial crime.
About Charles Schwab Investment Management
As of December 31, 2020, Charles Schwab Investment Management,
Inc. managed approximately $549.2 billion on a discretionary basis
and approximately $37.5 billion on a non-discretionary basis. CSIM
provides non-discretionary advisory services to the Schwab Trust
Bank Collective Investment Trusts, including research and
recommendations relating to asset allocation, portfolio
construction, cash-flow monitoring and advisor selection and
retention. Some trusts include multiple unit classes. More
information is available at www.schwabfunds.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 view
and download a prospectus by visiting schwabfunds.com/prospectus.
Please read the prospectus carefully before investing.
Past performance cannot guarantee future results.
Investment value will fluctuate, and shares, when sold or
redeemed, may be worth more or less than their original
cost.
* Fundamental Index is a registered trademark of Research
Affiliates LLC. Schwab is a registered trademark of Charles Schwab
& Co., Inc.
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. 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.
Diversification strategies do not ensure a profit and do not
protect against losses in declining markets.
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.
Charles Schwab Investment Management, Inc. (CSIM) is the
investment advisor for Schwab Funds. Schwab Funds are distributed
by Charles Schwab & Co., Inc. (Schwab), Member SIPC. CSIM and
Schwab are separate but affiliated companies and subsidiaries of
The Charles Schwab Corporation, and are not affiliated with
Refinitiv.
Lipper at Refinitiv 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.
(0321-10YS)
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Erin Montgomery Charles Schwab (212) 403-9271
Erin.Montgomery@schwab.com
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