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New Schwab Fund: “Pure Growth” – Analyst Blog

Zacks Market Commentaries (July 13th, 2009) Writes:
Charles Schwab introduces Laudus Growth Investors U.S. Large Cap Growth Fund On July 13, 2009, Charles Schwab Investment Management, Inc. the asset management subsidiary of Charles Schwab Corporation (SCHW) announced the launch of the Laudus Growth Investors U.S. Large Cap Growth Fund. The newly-launched fund is a successor to the UBS U.S. Large Cap Growth Fund and the latest addition to its array of Laudus Funds. The Laudus Growth Investors U.S. Large Cap Growth Fund will resort to a "pure growth" strategy, with an objective to yield consistent performance through the application of fundamental growth discipline backed by extensive research and invaluable investment industry experience of the portfolio management team at Growth Investors. The fund will identify and invest in companies believed to have potential for sustainable above-average sales and profit growth. The Laudus Growth Investors U.S. Large Cap Growth Fund will retain the performance ...

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