According to the latest Independent Advisor Outlook Study by Schwab Advisor Services, 59 percent of its RIA clients currently invest in fundamentally weighted products, and roughly one in five plan to invest more in the near term. Additionally, the research shows that 34 percent of RIAs believe fundamentally weighted products can serve as an effective complement to market-cap weighted and actively managed products.
“We’re here to help advisors and investors alike recognize that Fundamental Index funds – whether ETFs or mutual funds – are a thoughtful way to gain broad industry exposure, right alongside their market cap-weighted counterparts,” said Chandoha. “Fundamental Index methodologies have become important to the institutional investing community, and we think it’s time all investors benefit from this approach.”
The new funds are grouped alongside cap-weighted Schwab ETFs, which continue to have the lowest operating expenses in their respective Lipper categories 3.
Charles Schwab & Co., Inc. continues to be a mainstay in the retail ETF marketplace, with more than $167 billion in total ETF assets custodied on its platform and $12 billion in assets under management in Schwab ETFs as of June 30, 2013.Retail investors can learn about and choose ETFs through Schwab’s online tutorials, research and tools such as the ETF Select List™ and Schwab ETF Portfolio Builder™, as well as by attending live events in local Schwab branches. Investors at every level of the investing spectrum can also visit the Schwab ETF Education Exchange™ ( www.schwabetfeducationexchange.com), to access timely education and information about ETFs and the markets from some of the leading ETF experts across the industry. And with more than 100 ETFs to choose from, Schwab ETF OneSource™ offers investors the most commission-free ETFs from a range of top providers 2. About Charles Schwab Investment Management Founded in 1989, CSIM, a subsidiary of The Charles Schwab Corporation, is one of the nation's largest asset management companies with more than $205 billion in assets under management as of June 30, 2013. It is among the country's largest money market fund managers and is the third-largest provider of retail index funds. In addition to managing Schwab’s proprietary funds, CSIM provides oversight for the sub-advised Laudus Fund family. CSIM currently manages 76 mutual funds in addition to two separate account model portfolios, and 15 ETFs.
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