Charles Schwab Mutual funds

Mutual fund basics.

Think of mutual funds as containers for your investments. They can include stocks, bonds and other investments.

You choose the fund based on your goals and a fund manager adjusts the investment mix as needed. Typically, you can invest as much or as little as you want.

Schwab makes it easy to invest in mutual funds.

Mutual funds are an affordable way to help diversify your portfolio, but with so many options, it can be difficult to choose. Schwab can help, whether you want the simplicity and convenience of an all-in-one fund solution or you prefer to build and manage your own portfolio.

Get started with $0 account opening and maintenance fees, then choose from three ways to invest in mutual funds with Schwab.

Find and compare mutual funds on your own.

Find funds that fit your needs with guidance and tools designed to help you compare and choose funds that complement your portfolio.
Let Schwab take the guesswork out of mutual fund investing.

Use Schwab's Select List® to narrow down thousands of mutual funds to 175 prescreened options. Or build a portfolio with Schwab's personalized portfolio builder tool at no cost.
Get a professionally managed mutual fund portfolio.

Select from three types of investment goals, and let Schwab do the rest. Their portfolio solutions are automatically rebalanced, helping keep you on track and saving you time.

Know what you're paying when you invest.

Investing costs can be a key factor in your net return. Schwab offers a range of no-load, no-transaction-fee funds, which means you can buy and sell mutual funds without paying a commission fee, leaving you with more assets to invest.

Learn more about mutual fund fees and costs

Why invest with Schwab?

24/7 professional support by phone, live chat or at a branch near you
$0 account minimums and no maintenance fees^{See note1}
Access to award-winning research and tools to help make informed investing decisions

Ready to start investing?

Open an account at Schwab

Want to learn more about mutual funds?

Check out Schwab's fundamental mutual fund education. Learn more at Schwab.

Important Information from USAA Investment Services Company (ISCO):
Review our relationship with you in our Relationship Summary.

Important Information from Charles Schwab:

Investors should consider carefully information contained in the prospectus, or if available, the summary prospectus, including investment objectives, risks, charges and expenses. You can request a prospectus by calling 800-435-4000. Please read the prospectus carefully before investing.

Learn more about USAA Investment Services Company or Charles Schwab on FINRA's BrokerCheck website.

Investments/Insurance: Not a Deposit • Not FDIC Insured • Not Bank Issued, Guaranteed or Underwritten • May Lose Value

Investing involves risk, including potential loss of principal.

Past performance is no guarantee of future results.

Note 1 Standard online $0 commission does not apply to over-the-counter (OTC) equities, transaction-fee mutual funds, futures, fixed-income investments, or trades placed directly on a foreign exchange or in the Canadian market. Options trades will be subject to the standard $0.65 per-contract fee. Service charges apply for trades placed through a broker ($25) or by automated phone ($5). Exchange process, ADR, and Stock Borrow fees still apply. See the Charles Schwab Pricing Guide on www.schwab.com for Individual Investors for full fee and commission schedules.

This site is designed for U.S. residents. Non-U.S. residents are subject to country-specific restrictions.

USAA Investment Services Company (ISCO), a registered broker-dealer and a registered investment adviser, provides referral and marketing services on behalf of Charles Schwab & Co., Inc. (Schwab), a dually registered investment adviser and broker-dealer. Schwab compensates ISCO for these services.

Important Information from Schwab:

The Charles Schwab Corporation provides a full range of brokerage and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (Member SIPC), offers investment services and products, including Schwab brokerage accounts. Access to Electronic Services may be limited or unavailable during periods of peak demand, market volatility, systems upgrade, maintenance, or for other reasons.

Charles Schwab Investment Management, Inc. (CSIM) is the investment advisor for Schwab Funds and Laudus Funds. Charles Schwab & Co., Inc. (Schwab), Member SIPC, is the distributor for Schwab Funds and Laudus Funds. CSIM and Schwab are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation.

Investment returns will fluctuate and are subject to market volatility, so that an investor's shares, when redeemed or sold, may be worth more or less than their original cost. Unlike mutual funds, shares of ETFs are not individually redeemable directly with the ETF. Shares are bought and sold at market price, which may be higher or lower than the net asset value (NAV).

Trades in no-load mutual funds available through the Mutual Fund OneSource service (including Schwab Funds) as well as certain other funds, are available without transaction fees when placed through www.schwab.com or our automated phone channels. 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 fees) 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. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds. For trade orders placed through a broker, a $25 service charge applies. Funds are also subject to management fees and expenses.

Charles Schwab & Co., Inc. (member SIPC) receives remuneration from fund companies in the Mutual Fund OneSource (R) service for recordkeeping and shareholder services, and other administrative services. Schwab also may receive remuneration from transaction fee fund companies for certain administrative services.

271257

Mutual Funds

Find funds that fit your needs.

Mutual fund basics.

Schwab makes it easy to invest in mutual funds.

Find and compare mutual funds on your own.

Let Schwab take the guesswork out of mutual fund investing.

Get a professionally managed mutual fund portfolio.

Know what you're paying when you invest.

Why invest with Schwab?

Ready to start investing?

Want to learn more about mutual funds?

Important Information from Charles Schwab: