Schwab Target 2040 Index Fund Institutional Shares (SWYGX) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in San Francisco, CA, United States.
SWYGX has IPO date of 2016-08-30, listed on the NASDAQ, a market capitalization of $1.57B.
The fund seeks to achieve its investment objective by investing primarily in affiliated Schwab exchange-traded funds (ETFs). It has a policy to invest, under normal circumstances, at least 80% of its assets (net assets, including, for this purpose, any borrowings for investment purposes) in underlying funds that are managed to seek investment returns that track particular market indices. The fund is managed based on the specific retirement date (target date) included in its name and assumes a retirement age of 65.
