As you near or enter retirement, your investment focus shifts from accumulating wealth to generating income. You want your portfolio to sustain you through your retirement—possibly upwards of 30 years—with regular income, but you don't want to sacrifice the potential for growth. One solution is to include funds in your portfolio that incorporate both fixed-income funds that generate regular income and equity funds that pay dividends as well as provide growth potential.
That's why Schwab developed the Income Mutual Fund Select List™ — to help investors like you achieve an income-producing portfolio with growth potential.
Small-cap funds are subject to greater volatility than those in other asset categories.
International investments are subject to risks such as currency fluctuations and political instability. Investing in emerging markets can accentuate these risks.
Due to the concentrated nature of specialty funds, they can be more volatile than broadly diversified equity funds.
Schwab's short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab's Mutual Fund OneSource® service (and certain other funds with no transaction fee) and held for 90 days or less. Schwab reserves the right to exempt certain funds from this fee, including Schwab Funds®, which may charge a separate redemption fee, and funds that accommodate short-term trading.
Trades in no-load mutual funds available through Mutual Funds OneSource service (including SchwabFunds) as well as certain other funds, are available without transaction fees when placed through schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds.