Schwab Asset Management, the asset management arm of
The new bond ladders, which invest in short-duration
'We are excited to expand our Wasmer Schroeder Strategies offerings with new short-duration
The new
Charles Schwab acquired Wasmer Schroeder Strategies in July of 2020, adding Wasmer Schroeder's long-tenured portfolio management and credit research professionals and comprehensive lineup of tax exempt and taxable strategies to Schwab's broader fixed income capabilities. Wasmer Schroeder Strategies offerings have grown from
About Schwab Asset Management
One of the industry's largest and most experienced asset managers, Schwab Asset Management offers a focused lineup of competitively priced ETFs, mutual funds and separately managed account strategies designed to serve the central needs of most investors. By operating through clients' eyes, and putting them at the center of our decisions, we aim to deliver exceptional experiences to investors and the financial professionals who serve them. As of
About Charles Schwab
At Charles Schwab we believe in the power of investing to help individuals create a better tomorrow. We have a history of challenging the status quo in our industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing our clients' goals with passion and integrity.
More information is available at www.aboutschwab.com. Follow us on Twitter, Facebook, YouTube and LinkedIn.
Disclosures
Past performance is no guarantee of future results.
Please refer to the
Wasmer Schroeder Strategies are available through Schwab's Managed Account Connection program ('Connection'). Please read Schwab's disclosure brochure for important information and disclosures relating to Connection and Schwab's Managed Account Services.
There are risks associated with any investment approach, the Wasmer Schroeder Strategies have their own set of risks. The Wasmer Schroeder Strategies invests primarily in fixed income instruments and as such the strategies are subject to various risks including but not limited to interest rate risk, reinvestment risk, credit risk, default risk and event risk. Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications and other factors.
Bond ladder strategies, depending on the types and amount of securities within, may not ensure adequate diversification of your investment portfolio. This potential lack of diversification may result in heightened volatility of the value of your portfolio.
As compared to other fixed income products and strategies, engaging in a bond ladder strategy may potentially result in future reinvestment at lower interest rates and may necessitate higher minimum investments to maintain cost-effectiveness. Evaluate whether a bond ladder and the securities held within it are consistent with your investment objective, risk tolerance and financial circumstances.
0723-3MRX
Charles Schwab
330-908-4334
mike.peterson@schwab.com
(C) 2023 Electronic News Publishing, source