Investors should consider carefully information contained in the prospectus, or if available, the summary prospectus, including investment objectives, risks, charges, and expenses. Please read it carefully before investing.
Not FDIC-Insured · No Bank Guarantee · May Lose Value
Past performance does not guarantee future performance.
Target date index funds are built for investors who expect to start gradual withdrawals of fund assets on the target date, to begin covering expenses in retirement. The principal value of the funds is not guaranteed at any time, and will continue to fluctuate up to and after the target date.
The values of the funds will fluctuate up to and after the target dates. There is no guarantee the funds will provide adequate income at or through retirement.
Schwab Target Index Fund asset allocations are subject to change over time in accordance with each fund's prospectus.
*Schwab is a registered trademark of Charles Schwab & Co., Inc. Fundamental Index is a registered trademark of Research Affiliates, LLC.
✝This claim is based on prospectus net expense ratio data comparisons between Schwab market-cap index mutual funds (no minimum investment required) and ETFs and non-Schwab market-cap index mutual funds and ETFs in their respective Lipper categories. Schwab operating expense ratios (OERs) reflect OERs as of 3/1/17. Competitor net OERs represent the lowest OERs reported from annual reports, prospectuses, and Strategic Insight Simfund, as reflected on 2/24/17. Funds in the same Lipper category may track different indexes, have differences in holdings, and show different performance. Competitors may offer more than one market-cap index mutual fund in a Lipper category, including funds that are not market-cap index mutual funds. Expense ratios are subject to change. Minimums are subject to change and ETFs require investment of at least one share.
1. Asset-weighted average expense ratio is based on assets as of 1/31/17 and operating expense ratios effective 3/1/17.
2. As stated in the prospectus, the investment adviser and its affiliates have agreed to limit the total annual fund operating expenses (including acquired fund fees and expenses (AFFEs), but excluding interest, taxes and certain non-routine expenses) of each of the funds to 0.13% for Investor Shares and 0.08% for Institutional Shares for so long as the investment adviser serves as the adviser to the funds. This agreement may only be amended or terminated with the approval of a fund’s Board of Trustees. AFFEs are indirect expenses incurred by a fund through its investments in the underlying funds.
3. Rankings based on assets under management (AUM) as of December 31, 2016. 3rd largest provider of index mutual funds source: Strategic Insight. 5th largest provider of ETFs source: Strategic Insight.
Charles Schwab Investment Management, Inc. (CSIM), the investment advisor for Schwab Funds, and Charles Schwab & Co., Inc. (Schwab), Member SIPC, the distributor for Schwab Funds, are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation. CSIM is the investment advisor for Schwab ETFs. Schwab ETFs are distributed by SEI Investments Distribution Co. (SIDCO). SIDCO is not affiliated with CSIM.