Schwab Long-Term U.S. Treasury ETF(AMEX:SCHQ)

SCHQ provides access to U.S. Treasury bonds in a 10-year and longer spectrum. Its a straightforward, low-cost fund which effectively captures the long-end of the Treasury yield curve and can serve as part of the core for a diversified portfolio. The fund may also invest up to 10% of its net assets in securities other than those guaranteed by the US treasury. The fund considers interest rate, yield curve risk, maturity exposures, and other risk factors and characteristics in considering securities to be pooled from the index. Securities that are included must be fixed-rate and non-convertible. Securities in the index are updated on the last business day of each month. U.S. Treasury Stripped securities are discounted in the inclusion. In all, SCHQ charges a competitive fee, making it a possible option for investors who seek long-term Treasury exposure. The underlying index is the Bloomberg US Long Treasury Index.