An Untraditional Approach to Portfolio Management
While no one can predict with certainty what’s coming next, there is a way to help plan for the unexpected—both the opportunities and the potential pitfalls.
A different kind of managed portfolio solution, Windhaven® offers clients a choice of three broadly diversified strategies consisting primarily of low-cost index exchange-traded funds (ETFs). Using a proactive approach, investment manager Windhaven dynamically adjusts portfolio allocations, striving to capture growth in rising markets while attempting to reduce exposure in declining ones.
Windhaven analyzes over 40 global asset classes and may provide exposure to a combination of U.S. and international stocks, bonds, real estate, commodities, and currencies. See the strategies.
Proactive risk management.
The Windhaven approach demands constant evaluation of economic conditions, broad diversification, and the ability to act quickly. The result is a collection of strategies that have gained attention for their innovative approach to diversification and risk management over the past ten years. View performance.
A respected portfolio manager.
A leading investment advisory firm with over $15 billion in assets under management,1 Windhaven uses an approach that is based on extensive research into the cause-and-effect relationships that drive the global capital markets. Windhaven strategies are provided through Charles Schwab. Find out more about Windhaven.
Fees and minimums.
With management fees below 1%, you can invest in Windhaven for about the average cost of an actively managed mutual fund and get started with an initial investment of $100,000 or more. Learn more about fees and minimums.
Stephen Cucchiaro, Windhaven's Chief Investment Officer.
Let us help you.
Find out if Windhaven is right for you.
Contact a Schwab investment professional at 877-340-1714.
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1. As of 3/31/2013.
Past performance is not indicative of future returns, and the value of investments and the income derived from them can go down as well as up. Future returns are not guaranteed, and a loss of principal may occur.
Please refer to Windhaven's Form ADV Part 2 for more information.
Some specialized ETFs can be subject to additional risks. Investment returns will fluctuate and are subject to market volatility such that an investor’s shares, when redeemed or sold, may be worth more or less than their original cost.
Windhaven’s risk-management process includes an effort to monitor and manage risk, but should not be confused with (and does not imply) low risk or the ability to control risk.
There are risks associated with any investment approach, and Windhaven strategies have their own set of risks to be aware of. First, there are the risks associated with the long-term core strategic holdings for each of the strategies. The more aggressive the Windhaven strategy selected, the more likely the strategy will contain larger weights in riskier asset classes, such as equities. Second, there are distinct risks associated with Windhaven Strategies' shorter-term dynamic allocations, which can result in more concentration towards a certain asset class or classes. This introduces the risk that Windhaven could be on the wrong side of a tactical over- or under-weight, thus resulting in a drag on overall performance.
Diversification strategies do not ensure a profit and do not protect against losses in declining markets.
International investments involve additional risks, which include differences in financial accounting standards, currency fluctuations, political instability, foreign taxes and regulations, and the potential for illiquid markets. Investing in emerging markets may accentuate these risks.
Windhaven Diversified strategies are available through Schwab’s Managed Account Connection™ program. Please read Schwab's disclosure brochure for important information and disclosures relating to Schwab Managed Account Connection and Schwab Managed Account Services™.
Portfolio management is provided by Windhaven Investment Management, Inc. ("Windhaven"), a registered investment advisor. Windhaven and Charles Schwab & Co., Inc. are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation.