Schwab Fund Buys By The Numbers

Ken Hoover profiles the no-load Schwab Small-Cap Equity Fund (SWSIX) where managers "make buy and sell decisions based on Schwab's proprietary stock selection ratings," in this article from Investor's Business Daily via Yahoo Finance. According to Hoover, "The rating system was created to help Schwab customers pick stocks. Along the line, the discount broker decided to use it to drive the strategy of a series of mutual funds. ...so far the system has worked well for shareholders. The fund is outperforming the S&P 500 and its peer group by comfortable margins."

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(May '04-Jun '05)