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Schwab Financial Services (SWFFX)

15.51 Down 0.06(0.39%) Sep 19

Profile as of Aug 30, 2014Get Profile for:
Schwab Financial Services
Schwab Capital Trust101 Montgomery StSan Francisco, CA 94104
Phone: 800-435-4000
Fund Overview 
Fund Family:Schwab Funds
Net Assets:74.24M
Year-to-Date Return:6.26%
Morningstar Rating:3 stars
Fund Inception Date:Jul 3, 2000
Morningstar Style Box 
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Management Information 
Jonas Svallin
Lead Manager since Aug 3, 2012
Jonas Svallin, CFA, a managing director and portfolio manager for the Charles Schwab Investment Management, Inc., leads the portfolio management team of Schwab’s disciplined active equity strategies, and is responsible for the day-to-day co-management of the fund. Prior to joining CSIM in 2012, Mr. Svallin spent nearly three years as a partner and a director of quantitative analytics & research at Fiduciary Research & Consulting, where he provided oversight of quantitative analytics and risk management efforts. From 2003 until 2009, Mr. Svallin was a principal and head portfolio manager at Algert Coldiron Investors (ACI). Prior to joining ACI, Mr. Svallin worked as a quantitative research associate at RCM Capital Management and a senior consultant at FactSet Research Systems.
Investment Information 
Min Initial Investment:100
Min Initial Investment, IRA:N/A
Min Initial Investment, AIP:N/A
Min Subsequent Investment:N/A
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:N/A
SWFFX can be purchased from 85 brokerages.

Fund Summary 
The investment seeks long-term capital growth. The fund invests at least 80% of its net assets in equity securities issued by companies in the financial services sector. It generally invests in U.S. companies and may invest in companies of all sizes. To aid its stock selection, the fund uses Schwab Equity Ratings®. It may buy and sell portfolio securities actively. For temporary defensive purposes during unusual economic or market conditions or for liquidity purposes, the fund may invest up to 100% of its assets in cash, money market instruments, repurchase agreements and other short-term obligations.

Fund Operations 
Last Dividend (Dec 4, 2013) : 0.00
Last Cap Gain : 0.00
Annual Holdings Turnover (Sep 17, 2014) : 74.00%
Average for Category:70.75%
Fees & Expenses 
ExpenseSWFFXCategory Avg
Annual Report Expense Ratio (net):0.94%1.54%
Prospectus Net Expense Ratio:0.94%N/A
Prospectus Gross Expense Ratio:1.03%N/A
Max 12b1 Fee:N/AN/A
Max Front End Sales Load:N/A5.11%
Max Deferred Sales Load: N/A2.05%
3 Yr Expense Projection*:300782
5 Yr Expense Projection*:5201,128
10 Yr Expense Projection*:1,1552,225
* Per $10,000 invested