The Charles Schwab Corporation (SCHW) Benefited from Rising Interest Rate

Ensemble Capital Management, an investment management company, released its 2022 annual investor letter. A copy of the same can be downloaded here. For the fiscal year ended October 31, 2022, the fund returned -29.33% compared to a total return of -14.61% for the benchmark S&P 500 Index for the same period. In addition, please check the fund’s top five holdings to know its best picks in 2022.

Ensemble Capital highlighted stocks like The Charles Schwab Corporation (NYSE:SCHW) in the 2022...