Schwab Variable Share Price Money Fund™ Ultra Shares
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Company Information
Schwab Funds
Management Team (8)
Schwab Funds
San Francisco CA - 94104
San Francisco CA - 94104
United States
877-824-5615
Investment Strategy
The investment seeks current income consistent with stability of capital and liquidity. The fund is a money market fund that is designed to serve as a complementary product to traditional stable share price money market funds. To pursue its goal, the fund invests in high-quality short-term money market investments issued by U.S. and foreign issuers, such as: commercial paper, including asset-backed commercial paper; promissory notes; certificates of deposit and time deposits; variable- and floating-rate debt securities; bank notes and bankers' acceptances; repurchase agreements; etc.