Schwab Managed Retirement Trust Funds™

The Schwab Managed Retirement Trust Funds (SMRT Funds or Funds) are bank collective investment trust funds (Collective Trust Funds or CTFs) maintained by Charles Schwab Bank (Schwab Bank) as trustee, established solely for the investment of assets of qualified retirement plans and certain other retirement trusts. The SMRT Funds correspond to target retirement dates in five-year increments between 2010 and 2060. There is also a SMRT Income Fund* for individuals in or near retirement.

Seeking to provide total return for investors in or near particular target dates, the Funds are:
  • Composed of strategies sub-advised or managed1 by industry-recognized investment managers
  • Comprehensive investment portfolios that utilize a blend of active and passive strategies
  • Diversified through exposure to a variety of asset classes that may include, but is not limited to, domestic and international equity, emerging markets equity, global real estate, commodities, intermediate-term bond, world bond, inflation-protected bond (U.S. TIPS), short-term bond and cash equivalents
  • Structured as collective trust funds to help limit costs for plan sponsors and investors
1. Charles Schwab Bank uses an open-architecture sub-advised approach to investing. Fund investments are selected based on advice received from, or products (such as mutual funds, collective trust funds, or ETFs) offered by industry-recognized investment management firms (“sub-advisors”). The Funds may invest in other Schwab Bank Collective Trust Funds to access the underlying sub-advised strategies.

SMRT Funds Questionnaire

SMRT Fund Details