Schwab offers new Internet monitoring service for mutual funds
December 21, 1998
Charles Schwab & Company announced that it has released Positions Monitor, an Internet tool that helps customers track the historical performance of their mutual funds and equity holdings.
Positions Monitor provides detailed performance information based on a customer's holdings. Customers can look at various return scenarios and hypothetical five-year growth figures for their equity and mutual fund holdings, as well as Morningstar ratings for mutual funds and P/E ratios for stocks. Holdings are categorized by asset class and compared with industry benchmarks like the S&P 500 index.