Quick Guide to QS Growth A Fund (SCHAX)

QS Growth A (SCHAX) a Zacks Rank #2 (Buy) invests in a variety of Smith Barney mutual funds that have a range of investment styles and focuses including large-capital, international, emerging market, and high-yield funds. Dividends and capital gains are distributed annually.

This Allocation Balanced fund, as of the last filing, allocates their fund in three major groups; Large Growth, Foreign Stock and Small Value. Further, as of the last filing, LEGG MASON BATTERYMRCH IN, LEGG MASON BW DIV LRG CAP and ROYCE SMALL CAP VALUE FUND were the top holdings for SCHAX.

The QS Growth A fund, managed by Legg Mason, carries an expense ratio of 0.55%. Moreover, SCHAX requires a minimal initial investment of $1,000.

SCHAX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 0.23%, 3 year 2.75% and 5 year 8.42%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.

SCHAX’s performance, as of the last filing, when compared to funds in its category was in the top 85% in 1 year, top 61% over the past 3 years, and in the 20% over the past 5 years.

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