|Expense ratio (net)||0.01%|
|Last cap gain||0.00|
|Morningstar risk rating||Average|
|Beta (5Y monthly)||1.00|
|5y average return||N/A|
|Average for category||N/A|
|Inception date||04 May 2011|
401(k) plans may soon offer annuity options for employees that promise to guarantee income for life despite market highs and lows.
Wall Street is expecting the Federal Reserve to cut interest rate three more times this year because of the U.S. China trade war and global economic slowdown. But Randy Frederick, Schwab Center for Financial Research's vice president of trading and derivatives, says it won't help boost the market.