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SAXIX

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Analysis and statistics

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About

SAXIX.US represents the Schwab Target 2030 Index Fund Investor Shares, a mutual fund offered by Charles Schwab Investment Management. This fund seeks to provide investment results that correspond to the total return of the Bloomberg US Aggregate Bond Index, while also adjusting its asset allocation over time to become more conservative as it approaches its target retirement date of 2030. It primarily invests in a diversified portfolio of bonds and, to a lesser extent, stocks, with the allocation gradually shifting towards a higher concentration of bonds as the target date nears, aiming to reduce risk as investors approach retirement.
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Factors

Expense Ratio: Higher expense ratios directly reduce returns.

Underlying Asset Performance: Performance of stocks in the fund's holdings impacts its NAV.

Market Conditions: Broad market trends affect the fund's overall value.

Interest Rates: Rising rates can negatively affect bond values within the fund.

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