EX-99.(D)(XVII) 4 f05319bexv99wxdyxxviiy.txt EXHBIT 99.(D)(XVII) Exhibit (d)(xvii) February 25, 2005 Evelyn Dilsaver, President and Chief Executive Officer, Schwab Capital Trust 101 Montgomery Street San Francisco, CA 94104 Re: Funds of Schwab Capital Trust and Schwab 1000 Fund Dear Ms. Dilsaver: This letter will confirm our agreement to limit net operating expenses of the following funds, as noted in the table below and described in the funds' registration statements filed with the Securities and Exchange Commission.
FUND NET OPERATING GUARANTEED THROUGH: EXPENSE LIMIT SCHWAB MARKETTRACK PORTFOLIOS 50 bps 2/27/06 LAUDUS U.S. MARKETMASTERS FUND- INVESTOR 125 bps 2/28/06 SHARES LAUDUS U.S. MARKETMASTERS FUND- SELECT 107 bps 2/28/06 SHARES LAUDUS BALANCED MARKETMASTERS FUND- 110 bps 2/28/06 INVESTOR SHARES LAUDUS BALANCED MARKETMASTERS FUND SELECT 95 bps 2/28/06 SHARES LAUDUS SMALL-CAP MARKETMASTERS FUND- 155 bps 2/28/06 INVESTOR SHARES LAUDUS SMALL-CAP MARKETMASTERS FUND- SELECT 137 bps 2/28/06 SHARES LAUDUS INTERNATIONAL MARKETMASTERS FUND- 165 bps 2/28/06 INVESTOR SHARES
FUND NET OPERATING GUARANTEED THROUGH: EXPENSE LIMIT LAUDUS INTERNATIONAL MARKETMASTERS FUND- 147 bps 2/28/06 SELECT SHARES SCHWAB CORE EQUITY FUND 75 bps 2/27/06 SCHWAB S&P 500 INDEX FUND - INVESTOR SHARES 37 bps 2/27/06 SCHWAB S&P 500 INDEX FUND - SELECT SHARES 19 bps 2/27/06 SCHWAB S&P 500 INDEX FUND - E.SHARES 28 bps 2/27/06 SCHWAB 1000 INDEX FUND - INVESTOR SHARES 51 bps 2/27/06 SCHWAB 1000 INDEX FUND - SELECT SHARES 36 bps 2/27/06 SCHWAB SMALL-CAP INDEX FUND- INVESTOR SHARES 60 bps 2/27/06 SCHWAB SMALL-CAP INDEX FUND- SELECT SHARES 42 bps 2/27/06 SCHWAB TOTAL STOCK MARKET INDEX FUND- 58 bps 2/27/06 INVESTOR SHARES SCHWAB TOTAL STOCK MARKET INDEX FUND- 39 bps 2/27/06 SELECT SHARES SCHWAB INTERNATIONAL INDEX FUND- INVESTOR 69 bps 2/27/06 SHARES SCHWAB INTERNATIONAL -INDEX FUND- SELECT 50 bps 2/27/06 SHARES SCHWAB DIVIDEND EQUITY FUND- INVESTORS 110 bps 2/27/06 SHARES SCHWAB DIVIDEND EQUITY FUND- SELECT SHARES 95 bps 2/27/06 SCHWAB SMALL-CAP EQUITY FUND- INVESTORS 130 bps 2/27/06 SHARES
FUND NET OPERATING GUARANTEED THROUGH: EXPENSE LIMIT SCHWAB SMALL-CAP EQUITY FUND- SELECT SHARES 112 bps 2/27/06 SCHWAB HEDGED EQUITY FUND- INVESTOR SHARES 200 bps 2/27/06 SCHWAB HEDGED EQUITY FUND- SELECT SHARES 177 bps 2/27/06 SCHWAB FINANCIAL SERVICES FUND 110 bps 2/27/06 SCHWAB HEALTH CARE FUND 110 bps 2/27/06 SCHWAB TECHNOLOGY FUND 110 bps 2/27/06 SCHWAB INSTITUTIONAL SELECT S&P 500 FUND 10 bps 2/27/06 SCHWAB INSTITUTIONAL SELECT LARGE-CAP VALUE 25 bps 2/27/06 INDEX FUND SCHWAB INSTITUTIONAL SELECT SMALL-CAP VALUE 32 bps 2/27/06 INDEX FUND SCHWAB PREMIER EQUITY FUND - INVESTOR SHARES 130 bps 2/27/06 SCHWAB PREMIER EQUITY FUND - SELECT SHARES 115 bps 2/27/06
Sincerely, ----------------------------------------- ---------------------------------- Stephen B. Ward Pamela Saunders, Senior Vice President and Vice President, Proprietary Funds Chief Investment Officer, Charles Schwab & Co., Inc. Charles Schwab Investment Management, Inc. cc: Jody Stuart Shelley Harding-Riggen Michael Bonardi Steven Greenwell Francesca Englert George Pereira Mei-Luh Lee Gregory J. Hand