MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, July 16, 2010 Schwab's Proprietary Fund and OneSource Assets Fall Last quarter hit both Charles Schwab's proprietary and OneSource mutual fund assets. Yet neither asset level dipped as much as the markets did. Today the San Francisco-based brokerage giant revealed that its proprietary Schwab and Laudus fund assets fell six percent over the second quarter (from March 31 to June 30) to $195.4 billion and its OneSource fund supermarket assets fell five percent to $177.2 billion, even as the Dow and S&P 500 fell 10.39 percent and 12.15 percent over the same period. Fundsters interested in all of Schwab's Mutual Fund Marketplace or its proprietary fund business may want to take a look at Schwab's full Q2 earnings report. Printed from: MFWire.com/story.asp?s=32830 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |