Schwab Target 2050 Index Fund Institutional Shares (SWYMX) NASDAQ
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Address
211 Main Street
San Francisco, CA 94105
United States of America (the)
Phone
1-415-667-7000
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
August 30, 2016
This fund endeavors to achieve its financial objectives predominantly by investing in exchange-traded funds (ETFs) affiliated with Schwab. Its established policy dictates that, in typical market environments, a minimum of 80% of its total assets (inclusive of net assets and any borrowed capital used for investment) will be allocated to underlying funds engineered to replicate the performance of particular market indices. The fund's strategic management is aligned with the specific target retirement year embedded in its name, predicated on an assumed retirement age of 65.