Schwab Target 2040 Index Fund Institutional Shares (SWYGX) NASDAQ

19.68

+0.04(+0.20%)

Updated at September 08 08:07AM

Currency In USD

Schwab Target 2040 Index Fund Institutional Shares

Address

211 Main Street

San Francisco, CA 94105

United States of America

Phone

1-415-667-7000

Website

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

August 30, 2016

Key Executives

N/A

Description

The fund seeks to achieve its investment objective by investing primarily in affiliated Schwab exchange-traded funds (ETFs). It has a policy to invest, under normal circumstances, at least 80% of its assets (net assets, including, for this purpose, any borrowings for investment purposes) in underlying funds that are managed to seek investment returns that track particular market indices. The fund is managed based on the specific retirement date (target date) included in its name and assumes a retirement age of 65.