Fund Authority Scores rate mutual funds and exchange traded funds (ETFs) on the most important economic factors that influence individual investors’ net long term diversified investment fund performance. The Skilled Investor developed the Fund Authority Score system to provide individual investors with concise, objective, and realistic summaries of mutual funds and ETFs for comparisons within investment asset classes.
For a directory of the Fund Authority Score reports of other mutual funds and ETFs, go here. When you go to this Fund Authority Score directory, you can easily find a list of all fund reports at the bottom of each article for that particular investment asset class. For more information about how a Fund Authority Score is developed for each mutual fund or ETF, go here.
The diversified mutual fund investment strategy of this Schwab S&P 500 Index mutual Fund
At approximately $4.3 billion in assets, the Schwab S&P 500 Index Fund (SWPPX) is a low cost, medium sized, passively managed diversified index mutual fund. This mutual fund’s investment portfolio consists of large capitalization U.S. stock securities, and the objective of this index mutual fund is to match closely the investment results of the Standard & Poor’s 500 Index.
Schwab S&P 500 Index Fund – Select Shares (SWPPX) can be purchased directly by an individual investor from Charles Schwab & Co, Inc.
The Skilled Investor’s analysis of this passively managed S&P 500 index mutual fund
This U.S. large capitalization equity index fund was listed as one of the top 25 lowest cost index mutual funds in a research study. See this article on The Skilled Investor website, which describes this study: Low Cost S&P 500 Index Mutual Funds. The Schwab S&P 500 Index Fund – Select Shares (SWPPX) is a commodity S and P 500 index mutual fund that individual investors can purchase directly.
The Schwab S&P 500 Index Fund – Select Shares (SWPPX) have tended to match relatively closely the returns of the Standard and Poors Index, and have done so, in part, because of this fund’s low management expense ratio. For the most recent three-year Morningstar’s and Lipper’s relative performance ratings, this fund’s performance has been average to slightly above average for actively managed and passively managed mutual funds benchmarked against the S&P500 index.
This Schwab mutual fund has achieved the highest +10 Fund Authority Score rating, because of its very low cost structure and it faithful tracking of [...]