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Shauna O'Brien Sep 11, 2014
CSIM is the only asset management company that offers ETFs or mutual funds that track the Russell Fundamental Index Series.
The index also measures the performance of real estate companies and Real Estate Investment Trusts (REITs) in developed and emerging markets.
According to Senior Vice President and Product Management John Sturiale: “This new addition to Schwab’s index mutual fund family marries the diversification and dividend potential of global real estate with the intelligence of the Fundamental Index methodology, which we believe is a powerful combination."
The firm reported that this fund will have an expense ratio and 0.49% and will require a minimum investment of $100. The fund is expected to be available for purchase on October 22.
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