About LGILX
The Schwab Select Large Cap Growth Fund is an actively managed mutual fund focused on achieving long-term capital appreciation. The fund primarily invests at least 80% of its net assets in equity securities of large-cap U.S. companies, targeting businesses with market capitalizations of at least $3 billion. The portfolio emphasizes growth-oriented firms, particularly within the technology, consumer discretionary, and communication services sectors, often allocating over half of its assets to its top ten holdings, which typically include industry leaders such as NVIDIA, Apple, Amazon, Microsoft, Meta Platforms, and Alphabet. Sub-advised by American Century Investment Management and JP Morgan Investment Management, the fund employs a multi-manager approach to diversification and style consistency, with each sub-advisor evaluated on risk measures and investment discipline. The fund maintains a competitive expense ratio and demonstrates a low minimum investment, making it accessible to a wide range of investors. By focusing on large, innovative companies believed to have above-average growth potential, the Schwab Select Large Cap Growth Fund plays a significant role for those seeking exposure to U.S. large-cap growth equities within the mutual fund market.
Fund Family Schwab
Category Large Growth
Stock Exchange NASDAQ
Ticker Symbol LGILX
Index Russell 1000 Growth TR
LGILX had a total return of 12.38% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.91%.
