0001104659-22-003668.txt : 20220113 0001104659-22-003668.hdr.sgml : 20220113 20220112173547 ACCESSION NUMBER: 0001104659-22-003668 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 19 FILED AS OF DATE: 20220113 DATE AS OF CHANGE: 20220112 EFFECTIVENESS DATE: 20220113 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SCHWAB CAPITAL TRUST CENTRAL INDEX KEY: 0000904333 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-62470 FILM NUMBER: 22527347 BUSINESS ADDRESS: STREET 1: 211 MAIN STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 1-415-667-7000 MAIL ADDRESS: STREET 1: 211 MAIN STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SCHWAB STRATEGIC TRUST CENTRAL INDEX KEY: 0001454889 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-160595 FILM NUMBER: 22527348 BUSINESS ADDRESS: STREET 1: 211 MAIN STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 1-415-667-7000 MAIL ADDRESS: STREET 1: 211 MAIN STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 FORMER COMPANY: FORMER CONFORMED NAME: Schwab Strategic Trust DATE OF NAME CHANGE: 20090127 0000904333 S000019900 Schwab Fundamental Emerging Markets Large Company Index Fund C000055852 Schwab Fundamental Emerging Markets Large Company Index Fund SFENX 0001454889 S000040881 Schwab Fundamental Emerging Markets Large Company Index ETF C000126719 Schwab Fundamental Emerging Markets Large Company Index ETF FNDE 497 1 tm222346-1_497.htm 497 tm222346-1_497 - none - 1.203129s
 
SCHWAB CAPITAL TRUST
Schwab® Fundamental Emerging Markets Large Company Index Fund
SCHWAB STRATEGIC TRUST
Schwab® Fundamental Emerging Markets Large Company Index ETF
(each, a fund and collectively, the funds)
Supplement dated January 13, 2022 to each fund’s currently effective Statutory
Prospectus and Statement of Additional Information (SAI)
This supplement provides new and additional information beyond that contained in the Statutory Prospectuses and SAIs
and should be read in conjunction with the Statutory Prospectuses and SAIs.
Effective January 13, 2022, the following changes are made to each fund’s statutory prospectus and SAI:
1.
Statutory Prospectus – Under “Foreign Investment Risk” in the “Principal Risks” section: The paragraph is deleted and replaced in its entirety with the following:
Foreign Investment Risk. The fund’s investments in securities of foreign issuers involve certain risks that may be greater than those associated with investments in securities of U.S. issuers. These include risks of adverse changes in foreign economic, political, regulatory and other conditions; changes in currency exchange rates or exchange control regulations (including limitations on currency movements and exchanges); the imposition of economic sanctions or other government restrictions; differing accounting, auditing, financial reporting and legal standards and practices; differing securities market structures; and higher transaction costs. These risks may negatively impact the value or liquidity of the fund’s investments and could impair the fund’s ability to meet its investment objective or invest in accordance with its investment strategy. There is a risk that investments in securities denominated in, and/or receiving revenues in, foreign currencies will decline in value relative to the U.S. dollar. Foreign securities also include ADRs, GDRs and EDRs, which may be less liquid than the underlying shares in their primary trading market, and GDRs, in particular, many of which are issued by companies in emerging markets, may be more volatile. Foreign securities may also include investments in variable interest entities (VIEs) structures, which are created by China-based operating companies in jurisdictions outside of China to obtain indirect financing due to Chinese regulations that prohibit non-Chinese ownership of those companies. To the extent the fund’s investments in a single country or a limited number of countries represent a large percentage of the fund’s assets, the fund’s performance may be adversely affected by the economic, political, regulatory and social conditions in those countries, and the fund’s price may be more volatile than the price of a fund that is geographically diversified.
2.
Statutory Prospectus – Under “More Information About Principal Investment Risks” in the “Investment Objectives and More About Principal Risks” section: The “Variable Interest Entities Risk” is added after “Depositary Receipt Risk”:
Variable Interest Entities Risk. The fund may gain exposure to certain operating companies in China through legal structures known as variable interest entities (VIEs). In China, ownership of companies in certain sectors by non-Chinese individuals and entities (including U.S. persons and entities, such as the fund) is prohibited. To facilitate indirect non-Chinese investment, many China-based operating companies have created VIE structures. In a VIE structure, a China-based operating company will establish an entity outside of China that will enter into service and other contracts with the China-based operating company. Shares of the entities established outside of China are often listed and traded on an exchange. Non-Chinese investors (such as the fund) hold equity interests in the entities established outside of China rather than directly in the China-based operating companies. This arrangement allows U.S. investors to obtain economic exposure to the China-based operating company through contractual means rather than through formal equity ownership. An investment in a VIE structure subjects the fund to the risks associated with the underlying China-based operating company. In addition, the fund may be exposed to certain associated risks, including the risks that: the Chinese government could subject the China-based operating company to penalties, revocation of business and operating licenses or forfeiture of ownership interests; the Chinese government may outlaw the VIE structure, which could cause an uncertain negative impact to existing investors in the VIE structure; the contracts underlying the VIE structure may not be enforced by Chinese courts; and shareholders of the China-based operating company may leverage the VIE structure to their benefit and to
 
1

 
the detriment of the investors in the VIE structure. If these actions were to occur, the market value of the fund’s investments in the VIE structure would likely fall, causing investment losses, which could be substantial, for the fund.
3.
SAI – Under “Investing in China” under “Emerging or Developing Markets” in (a) the “Investment Strategies, Securities and Risks” section for the Schwab Fundamental Emerging Markets Large Company Index Fund and (b) the “Principal Investment Strategies” section for the Schwab Fundamental Emerging Markets Large Company Index ETF: The following paragraphs are added after the first paragraph:
Certain funds may invest a portion of their assets in certain operating companies in China through legal structures known as variable interest entities (VIEs). In China, ownership of companies in certain sectors by non-Chinese individuals and entities (including U.S. persons and entities, such as the funds) is prohibited. To facilitate indirect foreign investment in these businesses, many Chinese companies have created VIE structures. In such an arrangement, a China-based operating company typically establishes a shell entity in another jurisdiction, such as the Cayman Islands. The shell company enters into service and other contracts with the China-based operating company, and then issues shares on an exchange (such as the New York Stock Exchange or the Hong Kong Stock Exchange). Non-Chinese investors hold stock in the shell entity rather than directly in the China-based operating company. This arrangement allows U.S. investors to obtain economic exposure to the China-based operating company through contractual means rather than through formal equity ownership. The contractual arrangements also permit the VIE to consolidate the China-based operating company into its financial statements.
Although VIE structures are a longstanding industry practice and well known to officials and regulators in China, VIE structures are not formally recognized under Chinese law. As a result, investors face the risk that future actions by the Chinese government could significantly affect the China-based operating company’s financial performance and the enforceability of the VIE structure’s contractual arrangements. It is uncertain whether Chinese officials or regulators will withdraw their implicit acceptance of the VIE structure, or whether any new laws, rules or regulations relating to this structure will be adopted (in each case either generally or with respect to specific industries, sectors or companies) and, if adopted, what impact they would have on the interests of shareholders in the VIE structure. Under extreme circumstances, China could prohibit the existence of VIE structures or limit a VIE structure’s ability to pass through economic and governance rights to non-Chinese individuals and entities. If the Chinese government takes action affecting VIE structures, the market value of a fund’s associated portfolio holdings in VIE structures would likely suffer significant, detrimental, and possibly permanent negative effects, which could result in substantial investment losses to the fund.
In addition, Chinese companies, including China-based operating companies listed on U.S. exchanges through a VIE structure, are not subject to the same degree of regulatory requirements, accounting standards or auditor oversight as companies based in more developed countries. As a result, information about the Chinese securities and securities in the VIE structure in which a fund invests may be less reliable or complete than investments in other securities. Foreign companies listed on U.S. exchanges, including China-based operating companies that utilize a VIE structure, also could face delisting or other ramifications for failure to meet the requirements of the SEC, the Public Company Accounting Oversight Board or other U.S. regulators. Delisting would significantly decrease the liquidity and value of the securities, decrease the ability of a fund to transact in such securities and may increase the transaction costs of a fund if the fund is required to seek other markets in which to transact in those securities.
Investments involving a VIE structure may also pose additional risks because such investments are made through a company whose interests in the underlying China-based operating company are established through contract rather than through equity ownership. For example, in the event of a dispute, the contractual claims with respect to the China-based operating company may be deemed unenforceable in the PRC, thus limiting (or eliminating) the remedies and rights available to the VIE and its investors. Such legal uncertainty may also be exploited against the interests of the investors in the VIE structure. Further, the interests of the direct equity owners of the China-based operating company may conflict with the interests of the investors in the VIE structure, and the fiduciary duties of the officers and directors of the China-based operating company may differ from, or conflict with, the fiduciary duties of the officers and directors of the shell entity in which a fund invests.
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
REG117129-00 (01/22)
00270922
 
2

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Document and Entity Information
Oct. 31, 2020
Prospectus:  
Document Type 497
Document Period End Date Oct. 31, 2020
Entity Registrant Name SCHWAB CAPITAL TRUST
Entity Central Index Key 0000904333
Entity Inv Company Type N-1A
Amendment Flag false
Document Creation Date Jan. 13, 2022
Document Effective Date Jan. 13, 2022
Prospectus Date Feb. 25, 2021
SCHWAB STRATEGIC TRUST  
Prospectus:  
Document Period End Date Feb. 28, 2021
Entity Registrant Name SCHWAB STRATEGIC TRUST
Prospectus Date Jun. 25, 2021
Schwab® Fundamental Emerging Markets Large Company Index Fund | Schwab Fundamental Emerging Markets Large Company Index Fund | SCHWAB CAPITAL TRUST  
Prospectus:  
Trading Symbol SFENX
Schwab® Fundamental Emerging Markets Large Company Index ETF | Schwab Fundamental Emerging Markets Large Company Index ETF | SCHWAB STRATEGIC TRUST  
Prospectus:  
Trading Symbol FNDE
XML 8 R2.htm IDEA: XBRL DOCUMENT v3.21.4
Oct. 31, 2020
SCHWAB CAPITAL TRUST | Schwab® Fundamental Emerging Markets Large Company Index Fund
Schwab® Fundamental Emerging Markets Large Company Index Fund
SCHWAB CAPITAL TRUST
Schwab® Fundamental Emerging Markets Large Company Index Fund
SCHWAB STRATEGIC TRUST
Schwab® Fundamental Emerging Markets Large Company Index ETF
(each, a fund and collectively, the funds)
Supplement dated January 13, 2022 to each fund’s currently effective Statutory
Prospectus and Statement of Additional Information (SAI)
This supplement provides new and additional information beyond that contained in the Statutory Prospectuses and SAIs
and should be read in conjunction with the Statutory Prospectuses and SAIs.
Effective January 13, 2022, the following changes are made to each fund’s statutory prospectus and SAI:
1.
Statutory Prospectus – Under “Foreign Investment Risk” in the “Principal Risks” section: The paragraph is deleted and replaced in its entirety with the following:
Foreign Investment Risk. The fund’s investments in securities of foreign issuers involve certain risks that may be greater than those associated with investments in securities of U.S. issuers. These include risks of adverse changes in foreign economic, political, regulatory and other conditions; changes in currency exchange rates or exchange control regulations (including limitations on currency movements and exchanges); the imposition of economic sanctions or other government restrictions; differing accounting, auditing, financial reporting and legal standards and practices; differing securities market structures; and higher transaction costs. These risks may negatively impact the value or liquidity of the fund’s investments and could impair the fund’s ability to meet its investment objective or invest in accordance with its investment strategy. There is a risk that investments in securities denominated in, and/or receiving revenues in, foreign currencies will decline in value relative to the U.S. dollar. Foreign securities also include ADRs, GDRs and EDRs, which may be less liquid than the underlying shares in their primary trading market, and GDRs, in particular, many of which are issued by companies in emerging markets, may be more volatile. Foreign securities may also include investments in variable interest entities (VIEs) structures, which are created by China-based operating companies in jurisdictions outside of China to obtain indirect financing due to Chinese regulations that prohibit non-Chinese ownership of those companies. To the extent the fund’s investments in a single country or a limited number of countries represent a large percentage of the fund’s assets, the fund’s performance may be adversely affected by the economic, political, regulatory and social conditions in those countries, and the fund’s price may be more volatile than the price of a fund that is geographically diversified.
1.
Statutory Prospectus – Under “Foreign Investment Risk” in the “Principal Risks” section: The paragraph is deleted and replaced in its entirety with the following:
Foreign Investment Risk. The fund’s investments in securities of foreign issuers involve certain risks that may be greater than those associated with investments in securities of U.S. issuers. These include risks of adverse changes in foreign economic, political, regulatory and other conditions; changes in currency exchange rates or exchange control regulations (including limitations on currency movements and exchanges); the imposition of economic sanctions or other government restrictions; differing accounting, auditing, financial reporting and legal standards and practices; differing securities market structures; and higher transaction costs. These risks may negatively impact the value or liquidity of the fund’s investments and could impair the fund’s ability to meet its investment objective or invest in accordance with its investment strategy. There is a risk that investments in securities denominated in, and/or receiving revenues in, foreign currencies will decline in value relative to the U.S. dollar. Foreign securities also include ADRs, GDRs and EDRs, which may be less liquid than the underlying shares in their primary trading market, and GDRs, in particular, many of which are issued by companies in emerging markets, may be more volatile. Foreign securities may also include investments in variable interest entities (VIEs) structures, which are created by China-based operating companies in jurisdictions outside of China to obtain indirect financing due to Chinese regulations that prohibit non-Chinese ownership of those companies. To the extent the fund’s investments in a single country or a limited number of countries represent a large percentage of the fund’s assets, the fund’s performance may be adversely affected by the economic, political, regulatory and social conditions in those countries, and the fund’s price may be more volatile than the price of a fund that is geographically diversified.
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SCHWAB CAPITAL TRUST | Schwab® Fundamental Emerging Markets Large Company Index Fund  
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SCHWAB CAPITAL TRUST
Schwab® Fundamental Emerging Markets Large Company Index Fund
SCHWAB STRATEGIC TRUST
Schwab® Fundamental Emerging Markets Large Company Index ETF
(each, a fund and collectively, the funds)
Supplement dated January 13, 2022 to each fund’s currently effective Statutory
Prospectus and Statement of Additional Information (SAI)
This supplement provides new and additional information beyond that contained in the Statutory Prospectuses and SAIs
and should be read in conjunction with the Statutory Prospectuses and SAIs.
Effective January 13, 2022, the following changes are made to each fund’s statutory prospectus and SAI:
1.
Statutory Prospectus – Under “Foreign Investment Risk” in the “Principal Risks” section: The paragraph is deleted and replaced in its entirety with the following:
Foreign Investment Risk. The fund’s investments in securities of foreign issuers involve certain risks that may be greater than those associated with investments in securities of U.S. issuers. These include risks of adverse changes in foreign economic, political, regulatory and other conditions; changes in currency exchange rates or exchange control regulations (including limitations on currency movements and exchanges); the imposition of economic sanctions or other government restrictions; differing accounting, auditing, financial reporting and legal standards and practices; differing securities market structures; and higher transaction costs. These risks may negatively impact the value or liquidity of the fund’s investments and could impair the fund’s ability to meet its investment objective or invest in accordance with its investment strategy. There is a risk that investments in securities denominated in, and/or receiving revenues in, foreign currencies will decline in value relative to the U.S. dollar. Foreign securities also include ADRs, GDRs and EDRs, which may be less liquid than the underlying shares in their primary trading market, and GDRs, in particular, many of which are issued by companies in emerging markets, may be more volatile. Foreign securities may also include investments in variable interest entities (VIEs) structures, which are created by China-based operating companies in jurisdictions outside of China to obtain indirect financing due to Chinese regulations that prohibit non-Chinese ownership of those companies. To the extent the fund’s investments in a single country or a limited number of countries represent a large percentage of the fund’s assets, the fund’s performance may be adversely affected by the economic, political, regulatory and social conditions in those countries, and the fund’s price may be more volatile than the price of a fund that is geographically diversified.
Risk/Return [Heading] rr_RiskReturnHeading Schwab® Fundamental Emerging Markets Large Company Index Fund
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock
1.
Statutory Prospectus – Under “Foreign Investment Risk” in the “Principal Risks” section: The paragraph is deleted and replaced in its entirety with the following:
Foreign Investment Risk. The fund’s investments in securities of foreign issuers involve certain risks that may be greater than those associated with investments in securities of U.S. issuers. These include risks of adverse changes in foreign economic, political, regulatory and other conditions; changes in currency exchange rates or exchange control regulations (including limitations on currency movements and exchanges); the imposition of economic sanctions or other government restrictions; differing accounting, auditing, financial reporting and legal standards and practices; differing securities market structures; and higher transaction costs. These risks may negatively impact the value or liquidity of the fund’s investments and could impair the fund’s ability to meet its investment objective or invest in accordance with its investment strategy. There is a risk that investments in securities denominated in, and/or receiving revenues in, foreign currencies will decline in value relative to the U.S. dollar. Foreign securities also include ADRs, GDRs and EDRs, which may be less liquid than the underlying shares in their primary trading market, and GDRs, in particular, many of which are issued by companies in emerging markets, may be more volatile. Foreign securities may also include investments in variable interest entities (VIEs) structures, which are created by China-based operating companies in jurisdictions outside of China to obtain indirect financing due to Chinese regulations that prohibit non-Chinese ownership of those companies. To the extent the fund’s investments in a single country or a limited number of countries represent a large percentage of the fund’s assets, the fund’s performance may be adversely affected by the economic, political, regulatory and social conditions in those countries, and the fund’s price may be more volatile than the price of a fund that is geographically diversified.
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Oct. 31, 2020
SCHWAB STRATEGIC TRUST | Schwab® Fundamental Emerging Markets Large Company Index ETF
Schwab® Fundamental Emerging Markets Large Company Index ETF
SCHWAB CAPITAL TRUST
Schwab® Fundamental Emerging Markets Large Company Index Fund
SCHWAB STRATEGIC TRUST
Schwab® Fundamental Emerging Markets Large Company Index ETF
(each, a fund and collectively, the funds)
Supplement dated January 13, 2022 to each fund’s currently effective Statutory
Prospectus and Statement of Additional Information (SAI)
This supplement provides new and additional information beyond that contained in the Statutory Prospectuses and SAIs
and should be read in conjunction with the Statutory Prospectuses and SAIs.
Effective January 13, 2022, the following changes are made to each fund’s statutory prospectus and SAI:
1.
Statutory Prospectus – Under “Foreign Investment Risk” in the “Principal Risks” section: The paragraph is deleted and replaced in its entirety with the following:
Foreign Investment Risk. The fund’s investments in securities of foreign issuers involve certain risks that may be greater than those associated with investments in securities of U.S. issuers. These include risks of adverse changes in foreign economic, political, regulatory and other conditions; changes in currency exchange rates or exchange control regulations (including limitations on currency movements and exchanges); the imposition of economic sanctions or other government restrictions; differing accounting, auditing, financial reporting and legal standards and practices; differing securities market structures; and higher transaction costs. These risks may negatively impact the value or liquidity of the fund’s investments and could impair the fund’s ability to meet its investment objective or invest in accordance with its investment strategy. There is a risk that investments in securities denominated in, and/or receiving revenues in, foreign currencies will decline in value relative to the U.S. dollar. Foreign securities also include ADRs, GDRs and EDRs, which may be less liquid than the underlying shares in their primary trading market, and GDRs, in particular, many of which are issued by companies in emerging markets, may be more volatile. Foreign securities may also include investments in variable interest entities (VIEs) structures, which are created by China-based operating companies in jurisdictions outside of China to obtain indirect financing due to Chinese regulations that prohibit non-Chinese ownership of those companies. To the extent the fund’s investments in a single country or a limited number of countries represent a large percentage of the fund’s assets, the fund’s performance may be adversely affected by the economic, political, regulatory and social conditions in those countries, and the fund’s price may be more volatile than the price of a fund that is geographically diversified.
1.
Statutory Prospectus – Under “Foreign Investment Risk” in the “Principal Risks” section: The paragraph is deleted and replaced in its entirety with the following:
Foreign Investment Risk. The fund’s investments in securities of foreign issuers involve certain risks that may be greater than those associated with investments in securities of U.S. issuers. These include risks of adverse changes in foreign economic, political, regulatory and other conditions; changes in currency exchange rates or exchange control regulations (including limitations on currency movements and exchanges); the imposition of economic sanctions or other government restrictions; differing accounting, auditing, financial reporting and legal standards and practices; differing securities market structures; and higher transaction costs. These risks may negatively impact the value or liquidity of the fund’s investments and could impair the fund’s ability to meet its investment objective or invest in accordance with its investment strategy. There is a risk that investments in securities denominated in, and/or receiving revenues in, foreign currencies will decline in value relative to the U.S. dollar. Foreign securities also include ADRs, GDRs and EDRs, which may be less liquid than the underlying shares in their primary trading market, and GDRs, in particular, many of which are issued by companies in emerging markets, may be more volatile. Foreign securities may also include investments in variable interest entities (VIEs) structures, which are created by China-based operating companies in jurisdictions outside of China to obtain indirect financing due to Chinese regulations that prohibit non-Chinese ownership of those companies. To the extent the fund’s investments in a single country or a limited number of countries represent a large percentage of the fund’s assets, the fund’s performance may be adversely affected by the economic, political, regulatory and social conditions in those countries, and the fund’s price may be more volatile than the price of a fund that is geographically diversified.
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Label Element Value
SCHWAB STRATEGIC TRUST | Schwab® Fundamental Emerging Markets Large Company Index ETF  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock
SCHWAB CAPITAL TRUST
Schwab® Fundamental Emerging Markets Large Company Index Fund
SCHWAB STRATEGIC TRUST
Schwab® Fundamental Emerging Markets Large Company Index ETF
(each, a fund and collectively, the funds)
Supplement dated January 13, 2022 to each fund’s currently effective Statutory
Prospectus and Statement of Additional Information (SAI)
This supplement provides new and additional information beyond that contained in the Statutory Prospectuses and SAIs
and should be read in conjunction with the Statutory Prospectuses and SAIs.
Effective January 13, 2022, the following changes are made to each fund’s statutory prospectus and SAI:
1.
Statutory Prospectus – Under “Foreign Investment Risk” in the “Principal Risks” section: The paragraph is deleted and replaced in its entirety with the following:
Foreign Investment Risk. The fund’s investments in securities of foreign issuers involve certain risks that may be greater than those associated with investments in securities of U.S. issuers. These include risks of adverse changes in foreign economic, political, regulatory and other conditions; changes in currency exchange rates or exchange control regulations (including limitations on currency movements and exchanges); the imposition of economic sanctions or other government restrictions; differing accounting, auditing, financial reporting and legal standards and practices; differing securities market structures; and higher transaction costs. These risks may negatively impact the value or liquidity of the fund’s investments and could impair the fund’s ability to meet its investment objective or invest in accordance with its investment strategy. There is a risk that investments in securities denominated in, and/or receiving revenues in, foreign currencies will decline in value relative to the U.S. dollar. Foreign securities also include ADRs, GDRs and EDRs, which may be less liquid than the underlying shares in their primary trading market, and GDRs, in particular, many of which are issued by companies in emerging markets, may be more volatile. Foreign securities may also include investments in variable interest entities (VIEs) structures, which are created by China-based operating companies in jurisdictions outside of China to obtain indirect financing due to Chinese regulations that prohibit non-Chinese ownership of those companies. To the extent the fund’s investments in a single country or a limited number of countries represent a large percentage of the fund’s assets, the fund’s performance may be adversely affected by the economic, political, regulatory and social conditions in those countries, and the fund’s price may be more volatile than the price of a fund that is geographically diversified.
Risk/Return [Heading] rr_RiskReturnHeading Schwab® Fundamental Emerging Markets Large Company Index ETF
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock
1.
Statutory Prospectus – Under “Foreign Investment Risk” in the “Principal Risks” section: The paragraph is deleted and replaced in its entirety with the following:
Foreign Investment Risk. The fund’s investments in securities of foreign issuers involve certain risks that may be greater than those associated with investments in securities of U.S. issuers. These include risks of adverse changes in foreign economic, political, regulatory and other conditions; changes in currency exchange rates or exchange control regulations (including limitations on currency movements and exchanges); the imposition of economic sanctions or other government restrictions; differing accounting, auditing, financial reporting and legal standards and practices; differing securities market structures; and higher transaction costs. These risks may negatively impact the value or liquidity of the fund’s investments and could impair the fund’s ability to meet its investment objective or invest in accordance with its investment strategy. There is a risk that investments in securities denominated in, and/or receiving revenues in, foreign currencies will decline in value relative to the U.S. dollar. Foreign securities also include ADRs, GDRs and EDRs, which may be less liquid than the underlying shares in their primary trading market, and GDRs, in particular, many of which are issued by companies in emerging markets, may be more volatile. Foreign securities may also include investments in variable interest entities (VIEs) structures, which are created by China-based operating companies in jurisdictions outside of China to obtain indirect financing due to Chinese regulations that prohibit non-Chinese ownership of those companies. To the extent the fund’s investments in a single country or a limited number of countries represent a large percentage of the fund’s assets, the fund’s performance may be adversely affected by the economic, political, regulatory and social conditions in those countries, and the fund’s price may be more volatile than the price of a fund that is geographically diversified.
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Risk/Return: rr_RiskReturnAbstract  
Prospectus Date rr_ProspectusDate Feb. 25, 2021
XML 13 tm222346-1_497_htm.xml IDEA: XBRL DOCUMENT 0000904333 2020-10-31 2020-10-31 0000904333 ck0000904333:S000019900Member ck0000904333:CIK0000904333Member 2020-10-31 2020-10-31 0000904333 ck0000904333:S000019900Member ck0000904333:CIK0000904333Member ck0000904333:C000055852Member 2020-10-31 2020-10-31 0000904333 ck0000904333:S000040881Member ck0000904333:CIK0001454889Member 2020-10-31 2020-10-31 0000904333 ck0000904333:S000040881Member ck0000904333:CIK0001454889Member ck0000904333:C000126719Member 2020-10-31 2020-10-31 0000904333 ck0000904333:CIK0001454889Member 2020-10-31 2020-10-31 <div style="text-align:center; width:541.31pt; line-height:14pt;font-weight:bold;font-size:12pt;">SCHWAB CAPITAL TRUST<span style="font-weight:normal;font-family:Times New Roman, Times, serif ;letter-spacing:0.24pt;"> </span></div> <div style="margin-top:18pt; text-align:center; width:541.31pt; line-height:12pt;font-weight:bold;">Schwab<span style=" position:relative; bottom:4.25pt;font-size:7.5pt;">®</span> Fundamental Emerging Markets Large Company Index Fund<span style="font-weight:normal;font-family:Times New Roman, Times, serif ;letter-spacing:0.2pt;"> </span></div> <div style="margin-top:18pt; text-align:center; width:541.31pt; line-height:14pt;font-weight:bold;font-size:12pt;">SCHWAB STRATEGIC TRUST<span style="font-weight:normal;font-family:Times New Roman, Times, serif ;letter-spacing:0.24pt;"> </span></div> <div style="margin-top:18pt; text-align:center; width:541.31pt; line-height:12pt;font-weight:bold;">Schwab<span style=" position:relative; bottom:4.25pt;font-size:7.5pt;">®</span> Fundamental Emerging Markets Large Company Index ETF<span style="font-weight:normal;font-family:Times New Roman, Times, serif ;letter-spacing:0.2pt;"> </span></div> <div style="margin-top:18pt; text-align:center; width:541.31pt; line-height:12pt;">(each, a fund and collectively, the funds)<span style="font-family:Times New Roman, Times, serif ;letter-spacing:0.2pt;"> </span></div> <div style="margin-top:24pt; text-align:center; width:541.31pt; line-height:12pt;">Supplement dated January 13, 2022 to each fund’s currently effective Statutory <br/>Prospectus and Statement of Additional Information (SAI)</div> <div style="margin-top:18.6pt; text-align:center; width:541.31pt;"> <div style="margin-left: 23.398%; margin-right: 23.398%; margin-top: 0pt; font-size: 1pt; line-height: 0pt; border-bottom: 1pt solid #000000; ">​</div> </div> <div style="margin-top:16.1pt; text-align:center; width:541.31pt; line-height:12pt;font-weight:bold;">This supplement provides new and additional information beyond that contained in the Statutory Prospectuses and SAIs <br/>and should be read in conjunction with the Statutory Prospectuses and SAIs.<span style="font-weight:normal;font-family:Times New Roman, Times, serif ;letter-spacing:0.2pt;"> </span></div> <div style="margin-top:8pt; width:541.31pt; line-height:12pt;">Effective January 13, 2022, the following changes are made to each fund’s statutory prospectus and SAI:<span style="font-family:Times New Roman, Times, serif ;letter-spacing:0.2pt;"> </span></div> <div style=" float:left; line-height:12pt; margin-top:8pt; margin-bottom:0pt; text-align:left; width:20pt;white-space:nowrap;font-style:italic;">1.<br/></div> <div style=" margin-top:8pt; margin-bottom:0pt; line-height:12pt; text-align:left; margin-left:20pt;font-style:italic;"> <span style=" text-decoration:underline #000000 solid;">Statutory Prospectus – Under “Foreign Investment Risk” in the “Principal Risks” section:</span> The paragraph is deleted and replaced in its entirety with the following:<span style="font-style:normal;font-family:Times New Roman, Times, serif ;letter-spacing:0.2pt;"> </span></div> <div style="clear:both; padding:0pt; margin:0pt;font-size:0pt;line-height:0pt;">​</div> <div style="margin-left:20pt; margin-top:8pt; width:521.31pt; line-height:12pt;"> <span style="font-weight:bold;">Foreign Investment Risk.</span> The fund’s investments in securities of foreign issuers involve certain risks that may be greater than those associated with investments in securities of U.S. issuers. These include risks of adverse changes in foreign economic, political, regulatory and other conditions; changes in currency exchange rates or exchange control regulations (including limitations on currency movements and exchanges); the imposition of economic sanctions or other government restrictions; differing accounting, auditing, financial reporting and legal standards and practices; differing securities market structures; and higher transaction costs. These risks may negatively impact the value or liquidity of the fund’s investments and could impair the fund’s ability to meet its investment objective or invest in accordance with its investment strategy. There is a risk that investments in securities denominated in, and/or receiving revenues in, foreign currencies will decline in value relative to the U.S. dollar. Foreign securities also include ADRs, GDRs and EDRs, which may be less liquid than the underlying shares in their primary trading market, and GDRs, in particular, many of which are issued by companies in emerging markets, may be more volatile. Foreign securities may also include investments in variable interest entities (VIEs) structures, which are created by China-based operating companies in jurisdictions outside of China to obtain indirect financing due to Chinese regulations that prohibit non-Chinese ownership of those companies. To the extent the fund’s investments in a single country or a limited number of countries represent a large percentage of the fund’s assets, the fund’s performance may be adversely affected by the economic, political, regulatory and social conditions in those countries, and the fund’s price may be more volatile than the price of a fund that is geographically diversified.<span style="font-family:Times New Roman, Times, serif ;letter-spacing:0.2pt;"> </span></div> <div style="text-align:center; width:541.31pt; line-height:14pt;font-weight:bold;font-size:12pt;">SCHWAB CAPITAL TRUST<span style="font-weight:normal;font-family:Times New Roman, Times, serif ;letter-spacing:0.24pt;"> </span></div> <div style="margin-top:18pt; text-align:center; width:541.31pt; line-height:12pt;font-weight:bold;">Schwab<span style=" position:relative; bottom:4.25pt;font-size:7.5pt;">®</span> Fundamental Emerging Markets Large Company Index Fund<span style="font-weight:normal;font-family:Times New Roman, Times, serif ;letter-spacing:0.2pt;"> </span></div> <div style="margin-top:18pt; text-align:center; width:541.31pt; line-height:14pt;font-weight:bold;font-size:12pt;">SCHWAB STRATEGIC TRUST<span style="font-weight:normal;font-family:Times New Roman, Times, serif ;letter-spacing:0.24pt;"> </span></div> <div style="margin-top:18pt; text-align:center; width:541.31pt; line-height:12pt;font-weight:bold;">Schwab<span style=" position:relative; bottom:4.25pt;font-size:7.5pt;">®</span> Fundamental Emerging Markets Large Company Index ETF<span style="font-weight:normal;font-family:Times New Roman, Times, serif ;letter-spacing:0.2pt;"> </span></div> <div style="margin-top:18pt; text-align:center; width:541.31pt; line-height:12pt;">(each, a fund and collectively, the funds)<span style="font-family:Times New Roman, Times, serif ;letter-spacing:0.2pt;"> </span></div> <div style="margin-top:24pt; text-align:center; width:541.31pt; line-height:12pt;">Supplement dated January 13, 2022 to each fund’s currently effective Statutory <br/>Prospectus and Statement of Additional Information (SAI)</div> <div style="margin-top:18.6pt; text-align:center; width:541.31pt;"> <div style="margin-left: 23.398%; margin-right: 23.398%; margin-top: 0pt; font-size: 1pt; line-height: 0pt; border-bottom: 1pt solid #000000; ">​</div> </div> <div style="margin-top:16.1pt; text-align:center; width:541.31pt; line-height:12pt;font-weight:bold;">This supplement provides new and additional information beyond that contained in the Statutory Prospectuses and SAIs <br/>and should be read in conjunction with the Statutory Prospectuses and SAIs.<span style="font-weight:normal;font-family:Times New Roman, Times, serif ;letter-spacing:0.2pt;"> </span></div> <div style="margin-top:8pt; width:541.31pt; line-height:12pt;">Effective January 13, 2022, the following changes are made to each fund’s statutory prospectus and SAI:<span style="font-family:Times New Roman, Times, serif ;letter-spacing:0.2pt;"> </span></div> <div style=" float:left; line-height:12pt; margin-top:8pt; margin-bottom:0pt; text-align:left; width:20pt;white-space:nowrap;font-style:italic;">1.<br/></div> <div style=" margin-top:8pt; margin-bottom:0pt; line-height:12pt; text-align:left; margin-left:20pt;font-style:italic;"> <span style=" text-decoration:underline #000000 solid;">Statutory Prospectus – Under “Foreign Investment Risk” in the “Principal Risks” section:</span> The paragraph is deleted and replaced in its entirety with the following:<span style="font-style:normal;font-family:Times New Roman, Times, serif ;letter-spacing:0.2pt;"> </span></div> <div style="clear:both; padding:0pt; margin:0pt;font-size:0pt;line-height:0pt;">​</div> <div style="margin-left:20pt; margin-top:8pt; width:521.31pt; line-height:12pt;"> <span style="font-weight:bold;">Foreign Investment Risk.</span> The fund’s investments in securities of foreign issuers involve certain risks that may be greater than those associated with investments in securities of U.S. issuers. These include risks of adverse changes in foreign economic, political, regulatory and other conditions; changes in currency exchange rates or exchange control regulations (including limitations on currency movements and exchanges); the imposition of economic sanctions or other government restrictions; differing accounting, auditing, financial reporting and legal standards and practices; differing securities market structures; and higher transaction costs. These risks may negatively impact the value or liquidity of the fund’s investments and could impair the fund’s ability to meet its investment objective or invest in accordance with its investment strategy. There is a risk that investments in securities denominated in, and/or receiving revenues in, foreign currencies will decline in value relative to the U.S. dollar. Foreign securities also include ADRs, GDRs and EDRs, which may be less liquid than the underlying shares in their primary trading market, and GDRs, in particular, many of which are issued by companies in emerging markets, may be more volatile. Foreign securities may also include investments in variable interest entities (VIEs) structures, which are created by China-based operating companies in jurisdictions outside of China to obtain indirect financing due to Chinese regulations that prohibit non-Chinese ownership of those companies. To the extent the fund’s investments in a single country or a limited number of countries represent a large percentage of the fund’s assets, the fund’s performance may be adversely affected by the economic, political, regulatory and social conditions in those countries, and the fund’s price may be more volatile than the price of a fund that is geographically diversified.<span style="font-family:Times New Roman, Times, serif ;letter-spacing:0.2pt;"> </span></div> SCHWAB CAPITAL TRUST Schwab® Fundamental Emerging Markets Large Company Index Fund SCHWAB STRATEGIC TRUST Schwab® Fundamental Emerging Markets Large Company Index ETF <div style=" float:left; line-height:12pt; margin-top:8pt; margin-bottom:0pt; text-align:left; width:20pt;white-space:nowrap;font-style:italic;">1.<br/></div> <div style=" margin-top:8pt; margin-bottom:0pt; line-height:12pt; text-align:left; margin-left:20pt;font-style:italic;"> <span style=" text-decoration:underline #000000 solid;">Statutory Prospectus – Under “Foreign Investment Risk” in the “Principal Risks” section:</span> The paragraph is deleted and replaced in its entirety with the following:<span style="font-style:normal;font-family:Times New Roman, Times, serif ;letter-spacing:0.2pt;"> </span></div> <div style="clear:both; padding:0pt; margin:0pt;font-size:0pt;line-height:0pt;">​</div> <div style="margin-left:20pt; margin-top:8pt; width:521.31pt; line-height:12pt;"> <span style="font-weight:bold;">Foreign Investment Risk.</span> The fund’s investments in securities of foreign issuers involve certain risks that may be greater than those associated with investments in securities of U.S. issuers. These include risks of adverse changes in foreign economic, political, regulatory and other conditions; changes in currency exchange rates or exchange control regulations (including limitations on currency movements and exchanges); the imposition of economic sanctions or other government restrictions; differing accounting, auditing, financial reporting and legal standards and practices; differing securities market structures; and higher transaction costs. These risks may negatively impact the value or liquidity of the fund’s investments and could impair the fund’s ability to meet its investment objective or invest in accordance with its investment strategy. There is a risk that investments in securities denominated in, and/or receiving revenues in, foreign currencies will decline in value relative to the U.S. dollar. Foreign securities also include ADRs, GDRs and EDRs, which may be less liquid than the underlying shares in their primary trading market, and GDRs, in particular, many of which are issued by companies in emerging markets, may be more volatile. Foreign securities may also include investments in variable interest entities (VIEs) structures, which are created by China-based operating companies in jurisdictions outside of China to obtain indirect financing due to Chinese regulations that prohibit non-Chinese ownership of those companies. To the extent the fund’s investments in a single country or a limited number of countries represent a large percentage of the fund’s assets, the fund’s performance may be adversely affected by the economic, political, regulatory and social conditions in those countries, and the fund’s price may be more volatile than the price of a fund that is geographically diversified.<span style="font-family:Times New Roman, Times, serif ;letter-spacing:0.2pt;"> </span></div> <div style=" float:left; line-height:12pt; margin-top:8pt; margin-bottom:0pt; text-align:left; width:20pt;white-space:nowrap;font-style:italic;">1.<br/></div> <div style=" margin-top:8pt; margin-bottom:0pt; line-height:12pt; text-align:left; margin-left:20pt;font-style:italic;"> <span style=" text-decoration:underline #000000 solid;">Statutory Prospectus – Under “Foreign Investment Risk” in the “Principal Risks” section:</span> The paragraph is deleted and replaced in its entirety with the following:<span style="font-style:normal;font-family:Times New Roman, Times, serif ;letter-spacing:0.2pt;"> </span></div> <div style="clear:both; padding:0pt; margin:0pt;font-size:0pt;line-height:0pt;">​</div> <div style="margin-left:20pt; margin-top:8pt; width:521.31pt; line-height:12pt;"> <span style="font-weight:bold;">Foreign Investment Risk.</span> The fund’s investments in securities of foreign issuers involve certain risks that may be greater than those associated with investments in securities of U.S. issuers. These include risks of adverse changes in foreign economic, political, regulatory and other conditions; changes in currency exchange rates or exchange control regulations (including limitations on currency movements and exchanges); the imposition of economic sanctions or other government restrictions; differing accounting, auditing, financial reporting and legal standards and practices; differing securities market structures; and higher transaction costs. These risks may negatively impact the value or liquidity of the fund’s investments and could impair the fund’s ability to meet its investment objective or invest in accordance with its investment strategy. There is a risk that investments in securities denominated in, and/or receiving revenues in, foreign currencies will decline in value relative to the U.S. dollar. Foreign securities also include ADRs, GDRs and EDRs, which may be less liquid than the underlying shares in their primary trading market, and GDRs, in particular, many of which are issued by companies in emerging markets, may be more volatile. Foreign securities may also include investments in variable interest entities (VIEs) structures, which are created by China-based operating companies in jurisdictions outside of China to obtain indirect financing due to Chinese regulations that prohibit non-Chinese ownership of those companies. To the extent the fund’s investments in a single country or a limited number of countries represent a large percentage of the fund’s assets, the fund’s performance may be adversely affected by the economic, political, regulatory and social conditions in those countries, and the fund’s price may be more volatile than the price of a fund that is geographically diversified.<span style="font-family:Times New Roman, Times, serif ;letter-spacing:0.2pt;"> </span></div> false 2022-01-13 2022-01-13 2020-10-31 497 0000904333 N-1A 2021-02-25 SFENX FNDE 2021-06-25 2021-02-28 EXCEL 14 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx M4$L#!!0 ( ':,+%0'04UB@0 +$ 0 9&]C4')O<',O87!P+GAM M;$V./0L",1!$_\IQO;=!P4)B0-!2L+(/>QLOD&1#LD)^OCG!CVX>;QA&WPIG M*N*I#BV&5(_C(I(/ !47BK9.7:=N')=HI6-Y #OGDK7A.YNJQ<&4GPZ4A!0W_J=0U[R;UEA_6\#MI7E!+ P04 M " !VC"Q4XO^$J>X K @ $0 &1O8U!R;W!S+V-O&ULS9+! 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(C) If the Fund is a Money Market Fund that is a government Money Market Fund, as defined in \u00a7 270.2a\u20137(a)(16), that is not subject to the requirements of \u00a7\u00a7 270.2a\u20137(c)(2)(i) and/or (ii) of this chapter pursuant to \u00a7 270.2a\u20137(c)(2)(iii) of this chapter, and that has not chosen to rely on the ability to impose liquidity fees and suspend redemptions consistent with the requirements of \u00a7\u00a7 270.2a\u20137(c)(2)(i) and/or (ii), include the following statement: You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time. Instruction. 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