The Schwab Target series offers a fairly solid lineup of underlying funds. However, the series' subadvisor oversight team lost its leader and is of modest size, the underlying holdings have seen fund and manager turnover, and sub-asset-class adjustments have created uncertainty about its prospects. The series’ single share class 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.