Schwab Fundamental Emerging Markets Large Company Index ETF

What this fund is

Schwab Fundamental Emerging Markets Large Company Index ETF is an exchange-traded fund (ETF) from Schwab, traded under the ticker FNDE (ISIN US8085247307). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread across its target market. Its largest holdings include TAIWAN SEMICONDUCTOR MANUFACTURING, HON HAI PRECISION INDUSTRY LTD and VALE SA.

Spread across roughly 392 holdings (the ten largest ≈ 25.9%), no one position makes or breaks the fund. Its biggest country exposures are ~28.6% CN, ~25.8% TW and ~12.1% BR. By industry it concentrates most in ~24.6% Financials and ~22.6% Technology. Investors often use a broad fund like this as a long-term 'core' holding — a single building block that covers much of a global portfolio in one trade.

Its ongoing charge (TER) is 0.39% a year — about €39 a year on a €10,000 holding, taken automatically from the fund. It holds the underlying investments directly (physical replication); it is domiciled in the United States and trades in USD. Its price has swung about 16.2% over the past year — a gauge of how much the value moves, not a judgement of quality. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from Schwab.)