CHARLES SCHWAB Schwab Center for Investment Research. Committed to making you a smart investor. Created for the public's need for objective answers to investment questions, the Schwab Center for Investment Research (SCIR) is the company's premiere home for advice development and content. SCIR developed The Core & Explore Philosophy; to create a strategy to build a portfolio by using index funds as a "Core" foundation to track the market, while "Exploring" the potential to outperform the market with more actively managed funds. The purpose is to educate the audience on the benefits of Schwab's Core & Explore philosophy and why it is a key component of Universal Advice. In order to understand why it is beneficial to use this philosophy in building a portfolio, it is important to understand not only the basic concept, but also the analysis that led to Schwab's model portfolio recommendations. Understanding the research and its implications will help you better understand the benefits of the Core & Explore strategy. | View Multimedia | Table of Contents | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | San Francisco, CA 415 332 9700 | Girdwood, AK 907 332 9700