The Schwab Target series is run by an adequately resourced team. Its glide path is supported by significant research, though it doesn’t stand out much from the pack. The underlying strategies are fairly attractive, though manager changes have been common. The series earns a Morningstar Analyst Rating of Neutral.
Will SWERX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SWERX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the SWERX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of SWERX’s parent organization’s priorities and whether they’re in line with investors’ interests.