What is the Schwab 1000 Index Fund?

The Schwab 1000 Index Fund tracks the Schwab 1000 Index, a proprietary index of large- and mid-cap U.S. stocks comprising the 1,000 largest stocks by market capitalization. The fund generally invests at least 80 percent of its assets in stocks included in the index. The fund falls into Morningstar’s large-blend category.

Who is Schwab asset management?

Schwab Asset Management has been an industry leader in index investments for more than 30 years. We offer low-cost ETFs, index mutual funds and separately-managed accounts, including those based on a Schwab proprietary index, the Schwab 1000 Index. Charles R. Schwab launched the Schwab 1000 Index in 1991. His goal?

What is Schwab asset management ETF?

The same year, Schwab Asset Management launched its namesake mutual fund. Then based on demand, a corresponding ETF was launched in 2017. A disciplined, rules based approach that ranks the largest U.S. stocks based on market capitalization. The index provides exposure to the 1,000 largest publicly traded U.S. companies.