Funds MO - Charles Schwab Retirement Plan Center

Fund Profiles
Investment Change Notice
NetJets Current ‘Window’ Funds M-O
Schwab Mutual Fund Report Card™
as of 9/30/2011
Managers Bond Fund
MGFIX
GROWTH OF $10,000
as of 9/30/2011
NO LOAD
NO FEE
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
FUND PROFILE
as of 09/30/11
Fund Manager (since 1994): Daniel Fuss
MGFIX $19,675
BarCap US Agg Bond TR USD $17,349
Category Average $15,826
$22,000
$20,000
$18,000
$16,000
Available at Schwab
Inception Date
Status
Category
Index Fund
Fund Company
Portfolio Turnover
Yes
06/01/1984
Open
Intermediate-Term Bond
No
Managers Funds
17%
$14,000
MORNINGSTAR RATINGS
$12,000
as of 09/30/11
$10,000
Overall rating
★
CURRENT MANAGER
02
03
$8,000
04
05
06
07
08
09
10
11
★
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment of dividends
and capital gains, and does not reflect sales loads, redemption fees or the effects of taxes on any capital gains
and/or distributions.
★★★★
★★★★★
★★
★★★
★★★★
★★★★★
★
★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
10 year rating
CATEGORY: INTERMEDIATE-TERM BOND
★
PERFORMANCE RETURNS
Monthly data as of 09/30/2011
Cumulative Returns %
YTD
3 MO
Annualized Returns %
1 YR
5 YR
10 YR
10%
8%
6%
4%
2%
0%
-2%
SINCE
INCEP.
★★
Historical Return
HIGH
RETURN
Historical Risk
LO
HI
HIGH
RISK
LO
HI
The ratings reflect historical risk-adjusted performance and
the overall Morningstar Rating™ is derived from a weighted
average of the performance figures associated with fund’s
3, 5, and 10 year rating metrics.
QUARTERLY AVERAGE ANNUAL TOTAL RETURN
as of 09/30/2011
1 Year
5 Years
YTD
3 MO
1 YR
5 YR
10 YR
SINCE
INCEP.
Managers Bond
+4.65
-0.34
+4.05
+6.68
+7.00
+9.16
Category Average
+3.39
+0.51
+2.49
+5.48
+5.02
--
BarCap US Agg Bond TR USD
+6.65
+3.82
+5.26
+6.53
+5.66
--
RANK WITHIN CATEGORY FOR ANNUAL TOTAL RETURN %
Rank within Category compares this
fund's total annual return to that of
other funds in the same category,
and its figures are not adjusted for
load, sales charge, or taxes.
★★★
5 year rating
Morningstar Category: Intermediate-term bond funds have average durations that are greater than 3.5 years and less
than six years. Most of the funds rotate among a variety of sectors in the bond market, based upon which appear to
offer better values. Whatever types of bonds they hold, these funds are less sensitive to interest rates, and therefore
less volatile, than funds that have longer durations.
This section contrasts MGFIX to its
benchmarks.
★★
3 year rating
as of 09/30/2011
YTD
2010
2009
2008
2007
2006
TOP 25%
BOTTOM 25%
RETURN %
4.65
10.43
31.17 -16.31
7.06
7.84
4.05%
6.68%
10 Years
Since Incep.
7.00%
9.16%
Numbers are adjusted for possible sales charges, and
assume reinvestment of dividends & capital gains over
each time period.
EXPENSES
Gross Expense Ratio (before waivers)
Net Expense Ratio (after waivers)
Category Average Expense Ratio
12b-1 Fees
Max Front Load
Max Back Load
Redemption Fee
1.07%
1.00%
0.95%
None
None
None
None
A net expense ratio lower than the gross expense ratio
may reflect a cap on or contractual waiver of fund
expenses. Please read the fund prospectus for details on
limits or expiration dates for any such waivers.
Data and rankings provided by Morningstar. Morningstar proprietary ratings reflect historical risk-adjusted performance as of 09/30/11. These ratings are subject to change every month. For
each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly
performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. (Each share class is
counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The top 10% of the funds in an investment category
receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The overall Morningstar Rating is a weighted average of the funds’
three-, five-, and 10-year (if applicable) Morningstar rating metrics. To contact Morningstar, Inc. call 1-800-735-0700.
One or more investments in your plan may be subject to a Contingent Redemption Fee. In addition, some mutual fund companies have strict policies on excessive trading and expressly prohibit
transactions deemed detrimental to long-term shareholders of the fund. Investors should consider carefully information contained in the prospectus, including investment objectives, risks, trading
restrictions, charges and expenses. You can request a prospectus by calling Schwab at 1-800-724-7526. You may also request a prospectus at www.SchwabPlan.com. Please read the
prospectus carefully before investing.
©2011 Charles Schwab & Co., Inc.
Page 1 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Managers Bond Fund
MGFIX
TOP TEN HOLDINGS
as of 09/30/2011
Category Average 40.21%
NO LOAD
NO FEE
CREDIT WEIGHTINGS
Top 10 holdings are 20.83% of the total porfolio assets.
The category average percent of portfolio in top 10
holdings is 40.21%
Top 10 Holdings in MGFIX
20.83%
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
THERE IS NOT ENOUGH DATA
AVAILABLE TO DRAW THIS CHART.
ASSET BREAKDOWN
as of 08/31/11
SYMBOL
COMPANY NAME
SECTOR
-----------
US Treasury Bond 3.75%
Springleaf Fin 6.9%
Southwestern Elec Pwr 6...
Kinder Morgan Engy Partn..
Equitable Res 6.5%
Dun & Bradstreet Corp De..
Nisource Fin 6.4%
Panhandle Eastn Pipe Lin..
Merrill Lynch & Co 6.11%
Ameren Ill 6.25%
-----------
Fund holdings subject to change
PERCENT
OF ASSETS
4.86%
2.29%
2.21%
1.97%
1.89%
1.63%
1.55%
1.52%
1.50%
1.41%
-100
-50
Domestic Bond
Foreign Bond
Preferred
Convertible
Cash
Other
0
50
100
%Long
%Short
%Net
74.64
8.47
1.03
1.61
14.13
0.12
0.00
0.00
0.00
0.00
0.00
0.00
74.64
8.47
1.03
1.61
14.13
0.12
This Mutual Fund Report Card is informational in nature and is not a recommendation or solicitation for any person to buy, sell or hold any particular security; nor is it intended to address any
individual's investment objectives, financial situation or personal circumstances. We recommend that investors define their goals, risk tolerance, time horizon and investment objectives in
addition to researching possible investment choices.
Sector weightings for fund portfolios are determined using the Global Industry Classification Standard (GICS). GICS was developed by and is the exclusive property of Morgan Stanley Capital
International Inc. and Standard & Poor's. GICS is a service mark of MSCI and S&P and has been licensed for use by Charles Schwab & Co., Inc.
Government bond fund shares are not guaranteed. Their price and investment return will fluctuate with market conditions and interest rates. Investment income from municipal bond funds may
be subject to certain state and local taxes and the federal alternative minimum tax. Capital gains are not exempt from federal income tax.
International investing involves special risks such as currency fluctuation and political instability. Investing in emerging markets may accentuate these risks. Small cap funds are subject to
greater volatility than those in other asset categories. Due to the limited focus of sector funds, they may experience greater volatility than funds with a broader investment strategy.
Mutual Fund OneSource® funds have no loads and generally have no transaction fees. Funds appearing on the Mutual Fund OneSource® Select List are chosen based on a formula that
combines risk-adjusted return, total return and expenses. They must be available through Schwab without loads and open to new investors. Charles Schwab receives remuneration from fund
companies in the Mutual Fund OneSource® Service for record keeping, shareholder services, and other administrative services. Schwab may also receive remuneration from transaction fee fund
companies for certain administrative services.
Schwab’s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab’s Mutual Fund OneSource® service (and certain other funds with no
transaction fee) and held for 90 days or less. Schwab reserves the right to exempt some funds from this fee, including certain Schwab Funds®, which may charge a separate redemption fee, and
funds that accommodate short-term trading. Trades in no-load mutual funds available through Schwab’s Mutual Fund OneSource® service (including Schwab Funds®) as well as certain other
funds, are available without transaction fees when placed through Schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge
applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds.
Schwab Affiliate Funds include Schwab Funds and Laudus Funds. Schwab Funds and Laudus Funds are advised by Charles Schwab Investment Management, Inc., an affiliate of Charles Schwab
& Co., Inc. Schwab Funds and the Laudus MarketMasters Funds are distributed by Charles Schwab & Co., Inc., and the Laudus Funds (except Laudus MarketMasters Funds) are distributed by
ALPS Distributors, Inc. The aggregate fees Schwab or its affiliates receive from Schwab Affiliate Funds are greater than the remuneration Schwab receives from other fund companies participating
in the Mutual Fund OneSource Service.
Charles Schwab & Co., Inc. Member SIPC (0108)
©2011 Charles Schwab & Co., Inc.
Page 2 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Managers Cadence Capital Appreciation Fund Administrative Class MCFYX
GROWTH OF $10,000
as of 9/30/2011
Fund Manager (since 2006): Michael Skillman
MCFYX $11,732
S&P 500 TR $13,200
FUND PROFILE
as of 09/30/11
$12,000
Yes
Available at Schwab
07/31/1996
Inception Date
Trust Company Customers Only
Status
Large Growth
Category
No
Index Fund
Managers Funds
Fund Company
75%
Portfolio Turnover
$10,000
MORNINGSTAR RATINGS
$8,000
Overall rating
Category Average $12,239
$18,000
$16,000
$14,000
as of 09/30/11
★
02
03
04
05
06
CURRENT MANAGER
07
08
$6,000
09
10
★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
3 year rating
11
★
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment
of dividends and capital gains, and does not reflect sales loads, redemption fees or the effects of
taxes on any capital gains and/or distributions.
★★
5 year rating
★
★★
10 year rating
CATEGORY: LARGE GROWTH
★
Morningstar Category: Large-growth funds invest in big companies that are projected to grow faster
than other large-cap stocks. Most of these funds focus on companies in rapidly expanding industries.
PERFORMANCE RETURNS
This section contrasts MCFYX to
its benchmarks.
Monthly data as of 09/30/2011
Cumulative Returns %
YTD
3 MO
Annualized Returns %
1 YR
5 YR
10 YR
10%
5%
0%
-5%
-10%
-15%
-20%
Category Average
S&P 500 TR
HI
BELOW AVERAGE
LO
RISK
HI
The ratings reflect historical risk-adjusted performance and
the overall Morningstar Rating™ is derived from a weighted
average of the performance figures associated with fund’s
3, 5, and 10 year rating metrics.
as of 09/30/2011
1 Year
5 Years
3 MO
1 YR
5 YR
10 YR
SINCE
INCEP.
-9.50
-14.05
+1.75
-2.01
+1.61
+5.71
-11.97
-16.74
-1.71
-0.06
+2.69
--
-8.68
-13.87
+1.14
-1.18
+2.82
--
RANK WITHIN CATEGORY FOR ANNUAL TOTAL RETURN %
Rank within Category compares this
fund's total annual return to that of
other funds in the same category,
and its figures are not adjusted for
load, sales charge, or taxes.
BELOW AVERAGE
LO
RETURN
Historical Risk
QUARTERLY AVERAGE ANNUAL TOTAL RETURN
YTD
Managers Cadence Capital Apprec Adm
SINCE
INCEP.
★★
Historical Return
as of 09/30/2011
YTD
2010
2009
2008
2007
2006
15.78
22.71 -42.70 17.28
6.83
TOP 25%
BOTTOM 25%
RETURN % -9.50
1.75%
-2.01%
10 Years
Since Incep.
1.61%
5.71%
Numbers are adjusted for possible sales charges, and
assume reinvestment of dividends & capital gains over
each time period.
EXPENSES
Gross Expense Ratio (before waivers)
Net Expense Ratio (after waivers)
Category Average Expense Ratio
12b-1 Fees
Max Front Load
Max Back Load
Redemption Fee
1.05%
0.98%
1.34%
None
None
None
None
A net expense ratio lower than the gross expense ratio
may reflect a cap on or contractual waiver of fund
expenses. Please read the fund prospectus for details on
limits or expiration dates for any such waivers.
Data and rankings provided by Morningstar. Morningstar proprietary ratings reflect historical risk-adjusted performance as of 09/30/11. These ratings are subject to change every month. For
each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly
performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. (Each share class is
counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The top 10% of the funds in an investment category
receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The overall Morningstar Rating is a weighted average of the funds’
three-, five-, and 10-year (if applicable) Morningstar rating metrics. To contact Morningstar, Inc. call 1-800-735-0700.
One or more investments in your plan may be subject to a Contingent Redemption Fee. In addition, some mutual fund companies have strict policies on excessive trading and expressly prohibit
transactions deemed detrimental to long-term shareholders of the fund. Investors should consider carefully information contained in the prospectus, including investment objectives, risks, trading
restrictions, charges and expenses. You can request a prospectus by calling Schwab at 1-800-724-7526. You may also request a prospectus at www.SchwabPlan.com. Please read the
prospectus carefully before investing.
©2011 Charles Schwab & Co., Inc.
Page 1 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Managers Cadence Capital Appreciation Fund Administrative Class MCFYX
TOP TEN HOLDINGS
as of 09/30/2011
Category Average 24.49%
Top 10 holdings are 23.48% of the total porfolio assets.
The category average percent of portfolio in top 10
holdings is 24.49%
SECTOR WEIGHTINGS
as of 08/31/2011
Information Technology
Consumer Discretionary
Health Care
Consumer Staples
Industrials
Energy
Materials
Financials
Telecommunication Services
Top 10 Holdings in MCFYX
23.48%
PERCENT
OF ASSETS
SYMBOL
COMPANY NAME
SECTOR
AAPL
IBM
KO
GOOG
MSFT
JNJ
ORCL
PM
ALXN
MCD
Apple, Inc.
International Business Ma..
The Coca-Cola Co
Google, Inc.
Microsoft Corporation
Johnson & Johnson
Oracle Corporation
Philip Morris International,..
Alexion Pharmaceuticals, I..
McDonald's Corporation
Information Technology
Information Technology
Consumer Staples
Information Technology
Information Technology
Health Care
Information Technology
Consumer Staples
Health Care
Consumer Discretionary
4.86%
3.38%
2.71%
2.43%
2.07%
1.86%
1.61%
1.60%
1.54%
1.42%
ASSET BREAKDOWN
as of 08/31/11
-100
Fund holdings subject to change
REGIONAL EXPOSURE
Top Region
North America 99.00%
32.18%
14.69%
13.09%
12.14%
9.81%
9.65%
4.58%
2.57%
1.29%
as of 08/31/2011
Regional Breakdown
North America
Asia Developed (excluding Japan)
99.00%
1.00%
Top 5 Countries
United States
Singapore
99.00%
1.00%
-50
Domestic Stock
Foreign Stock
Cash
0
50
100
%Long
%Short
%Net
95.76
0.97
3.27
0.00
0.00
0.00
95.76
0.97
3.27
MARKET CAPITALIZATION
as of 08/31/2011
Giant Cap
Large Cap
Medium Cap
33.63%
48.36%
18.00%
This Mutual Fund Report Card is informational in nature and is not a recommendation or solicitation for any person to buy, sell or hold any particular security; nor is it intended to address any
individual's investment objectives, financial situation or personal circumstances. We recommend that investors define their goals, risk tolerance, time horizon and investment objectives in
addition to researching possible investment choices.
Sector weightings for fund portfolios are determined using the Global Industry Classification Standard (GICS). GICS was developed by and is the exclusive property of Morgan Stanley Capital
International Inc. and Standard & Poor's. GICS is a service mark of MSCI and S&P and has been licensed for use by Charles Schwab & Co., Inc.
Government bond fund shares are not guaranteed. Their price and investment return will fluctuate with market conditions and interest rates. Investment income from municipal bond funds may
be subject to certain state and local taxes and the federal alternative minimum tax. Capital gains are not exempt from federal income tax.
International investing involves special risks such as currency fluctuation and political instability. Investing in emerging markets may accentuate these risks. Small cap funds are subject to
greater volatility than those in other asset categories. Due to the limited focus of sector funds, they may experience greater volatility than funds with a broader investment strategy.
Mutual Fund OneSource® funds have no loads and generally have no transaction fees. Funds appearing on the Mutual Fund OneSource® Select List are chosen based on a formula that
combines risk-adjusted return, total return and expenses. They must be available through Schwab without loads and open to new investors. Charles Schwab receives remuneration from fund
companies in the Mutual Fund OneSource® Service for record keeping, shareholder services, and other administrative services. Schwab may also receive remuneration from transaction fee fund
companies for certain administrative services.
Schwab’s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab’s Mutual Fund OneSource® service (and certain other funds with no
transaction fee) and held for 90 days or less. Schwab reserves the right to exempt some funds from this fee, including certain Schwab Funds®, which may charge a separate redemption fee, and
funds that accommodate short-term trading. Trades in no-load mutual funds available through Schwab’s Mutual Fund OneSource® service (including Schwab Funds®) as well as certain other
funds, are available without transaction fees when placed through Schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge
applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds.
Schwab Affiliate Funds include Schwab Funds and Laudus Funds. Schwab Funds and Laudus Funds are advised by Charles Schwab Investment Management, Inc., an affiliate of Charles Schwab
& Co., Inc. Schwab Funds and the Laudus MarketMasters Funds are distributed by Charles Schwab & Co., Inc., and the Laudus Funds (except Laudus MarketMasters Funds) are distributed by
ALPS Distributors, Inc. The aggregate fees Schwab or its affiliates receive from Schwab Affiliate Funds are greater than the remuneration Schwab receives from other fund companies participating
in the Mutual Fund OneSource Service.
Charles Schwab & Co., Inc. Member SIPC (0108)
©2011 Charles Schwab & Co., Inc.
Page 2 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Managers Cadence Mid Cap Fund Administrative Class MCMYX
GROWTH OF $10,000
as of 9/30/2011
FUND PROFILE
as of 09/30/11
Fund Manager (since 2006): Michael Skillman
MCMYX $14,881
Russell 2000 TR USD $18,116
Category Average $15,477
$25,000
$22,500
$20,000
$17,500
Yes
Available at Schwab
11/30/1994
Inception Date
Trust Company Customers Only
Status
Mid-Cap Growth
Category
No
Index Fund
Managers Funds
Fund Company
85%
Portfolio Turnover
$15,000
MORNINGSTAR RATINGS
$12,500
as of 09/30/11
$10,000
Overall rating
★
02
03
04
05
06
CURRENT MANAGER
07
08
$7,500
09
10
★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
3 year rating
11
★
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment
of dividends and capital gains, and does not reflect sales loads, redemption fees or the effects of
taxes on any capital gains and/or distributions.
★★
5 year rating
★
★★
10 year rating
CATEGORY: MID-CAP GROWTH
★
Morningstar Category: Some mid-cap growth funds invest in stocks of all sizes, thus leading to a
mid-cap profile, but others focus on midsize companies. Mid-cap growth funds target firms that are
projected to grow faster than other mid-cap stocks, therefore commanding relatively higher prices.
Many of these stocks are found in the volatile technology, health-care, and services sectors.
PERFORMANCE RETURNS
This section contrasts MCMYX to
its benchmarks.
BELOW AVERAGE
LO
RETURN
Monthly data as of 09/30/2011
Cumulative Returns %
YTD
3 MO
Historical Risk
HI
BELOW AVERAGE
LO
RISK
HI
The ratings reflect historical risk-adjusted performance and
the overall Morningstar Rating™ is derived from a weighted
average of the performance figures associated with fund’s
3, 5, and 10 year rating metrics.
Annualized Returns %
1 YR
5 YR
10 YR
SINCE
INCEP.
QUARTERLY AVERAGE ANNUAL TOTAL RETURN
as of 09/30/2011
1 Year
5 Years
5%
-5%
3.10%
-0.07%
10 Years
Since Incep.
4.05%
8.61%
Numbers are adjusted for possible sales charges, and
assume reinvestment of dividends & capital gains over
each time period.
-15%
-25%
YTD
3 MO
1 YR
5 YR
10 YR
SINCE
INCEP.
Managers Cadence Mid Cap Admin
-10.48
-18.43
+3.10
-0.07
+4.05
+8.61
Category Average
-14.23
-20.65
-2.43
+1.14
+5.10
--
Russell 2000 TR USD
-17.02
-21.87
-3.53
-1.02
+6.12
--
RANK WITHIN CATEGORY FOR ANNUAL TOTAL RETURN %
Rank within Category compares this
fund's total annual return to that of
other funds in the same category,
and its figures are not adjusted for
load, sales charge, or taxes.
★★
Historical Return
as of 09/30/2011
YTD
2010
2009
2008
2007
2006
TOP 25%
BOTTOM 25%
RETURN % -10.48 26.65
EXPENSES
Gross Expense Ratio (before waivers)
Net Expense Ratio (after waivers)
Category Average Expense Ratio
12b-1 Fees
Max Front Load
Max Back Load
Redemption Fee
1.07%
0.98%
1.42%
None
None
None
None
A net expense ratio lower than the gross expense ratio
may reflect a cap on or contractual waiver of fund
expenses. Please read the fund prospectus for details on
limits or expiration dates for any such waivers.
25.39 -44.58 21.78
4.05
Data and rankings provided by Morningstar. Morningstar proprietary ratings reflect historical risk-adjusted performance as of 09/30/11. These ratings are subject to change every month. For
each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly
performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. (Each share class is
counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The top 10% of the funds in an investment category
receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The overall Morningstar Rating is a weighted average of the funds’
three-, five-, and 10-year (if applicable) Morningstar rating metrics. To contact Morningstar, Inc. call 1-800-735-0700.
One or more investments in your plan may be subject to a Contingent Redemption Fee. In addition, some mutual fund companies have strict policies on excessive trading and expressly prohibit
transactions deemed detrimental to long-term shareholders of the fund. Investors should consider carefully information contained in the prospectus, including investment objectives, risks, trading
restrictions, charges and expenses. You can request a prospectus by calling Schwab at 1-800-724-7526. You may also request a prospectus at www.SchwabPlan.com. Please read the
prospectus carefully before investing.
©2011 Charles Schwab & Co., Inc.
Page 1 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Managers Cadence Mid Cap Fund Administrative Class MCMYX
TOP TEN HOLDINGS
as of 09/30/2011
Category Average 15.39%
Top 10 holdings are 14.44% of the total porfolio assets.
The category average percent of portfolio in top 10
holdings is 15.39%
SECTOR WEIGHTINGS
as of 08/31/2011
Consumer Discretionary
Information Technology
Industrials
Energy
Health Care
Consumer Staples
Materials
Financials
Utilities
Top 10 Holdings in MCMYX
14.44%
PERCENT
OF ASSETS
SYMBOL
COMPANY NAME
SECTOR
ALXN
RL
ITC
WCN
CLB
EL
ISRG
WYN
WFM
MCRS
Alexion Pharmaceuticals, I..
Ralph Lauren Corp
ITC Holdings Corp
Waste Connections, Inc.
Core Laboratories N.V.
The Estee Lauder Cos Inc A
Intuitive Surgical, Inc.
Wyndham Worldwide Corp..
Whole Foods Market, Inc.
Micros Systems, Inc.
Health Care
Consumer Discretionary
Utilities
Industrials
Energy
Consumer Staples
Health Care
Consumer Discretionary
Consumer Staples
Information Technology
1.54%
1.54%
1.49%
1.48%
1.48%
1.47%
1.37%
1.37%
1.35%
1.35%
ASSET BREAKDOWN
as of 08/31/11
-100
Fund holdings subject to change
REGIONAL EXPOSURE
Top Region
North America 97.36%
22.92%
21.06%
16.51%
10.67%
10.39%
8.63%
6.16%
2.15%
1.52%
as of 08/31/2011
Regional Breakdown
North America
Europe Developed (excluding UK)
Asia Developed (excluding Japan)
97.36%
1.51%
1.13%
Top 5 Countries
United States
Netherlands
Singapore
97.37%
1.51%
1.12%
-50
Domestic Stock
Foreign Stock
Cash
0
50
100
%Long
%Short
%Net
95.48
2.59
1.93
0.00
0.00
0.00
95.48
2.59
1.93
MARKET CAPITALIZATION
as of 08/31/2011
Large Cap
Medium Cap
Small Cap
19.48%
78.92%
1.61%
This Mutual Fund Report Card is informational in nature and is not a recommendation or solicitation for any person to buy, sell or hold any particular security; nor is it intended to address any
individual's investment objectives, financial situation or personal circumstances. We recommend that investors define their goals, risk tolerance, time horizon and investment objectives in
addition to researching possible investment choices.
Sector weightings for fund portfolios are determined using the Global Industry Classification Standard (GICS). GICS was developed by and is the exclusive property of Morgan Stanley Capital
International Inc. and Standard & Poor's. GICS is a service mark of MSCI and S&P and has been licensed for use by Charles Schwab & Co., Inc.
Government bond fund shares are not guaranteed. Their price and investment return will fluctuate with market conditions and interest rates. Investment income from municipal bond funds may
be subject to certain state and local taxes and the federal alternative minimum tax. Capital gains are not exempt from federal income tax.
International investing involves special risks such as currency fluctuation and political instability. Investing in emerging markets may accentuate these risks. Small cap funds are subject to
greater volatility than those in other asset categories. Due to the limited focus of sector funds, they may experience greater volatility than funds with a broader investment strategy.
Mutual Fund OneSource® funds have no loads and generally have no transaction fees. Funds appearing on the Mutual Fund OneSource® Select List are chosen based on a formula that
combines risk-adjusted return, total return and expenses. They must be available through Schwab without loads and open to new investors. Charles Schwab receives remuneration from fund
companies in the Mutual Fund OneSource® Service for record keeping, shareholder services, and other administrative services. Schwab may also receive remuneration from transaction fee fund
companies for certain administrative services.
Schwab’s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab’s Mutual Fund OneSource® service (and certain other funds with no
transaction fee) and held for 90 days or less. Schwab reserves the right to exempt some funds from this fee, including certain Schwab Funds®, which may charge a separate redemption fee, and
funds that accommodate short-term trading. Trades in no-load mutual funds available through Schwab’s Mutual Fund OneSource® service (including Schwab Funds®) as well as certain other
funds, are available without transaction fees when placed through Schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge
applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds.
Schwab Affiliate Funds include Schwab Funds and Laudus Funds. Schwab Funds and Laudus Funds are advised by Charles Schwab Investment Management, Inc., an affiliate of Charles Schwab
& Co., Inc. Schwab Funds and the Laudus MarketMasters Funds are distributed by Charles Schwab & Co., Inc., and the Laudus Funds (except Laudus MarketMasters Funds) are distributed by
ALPS Distributors, Inc. The aggregate fees Schwab or its affiliates receive from Schwab Affiliate Funds are greater than the remuneration Schwab receives from other fund companies participating
in the Mutual Fund OneSource Service.
Charles Schwab & Co., Inc. Member SIPC (0108)
©2011 Charles Schwab & Co., Inc.
Page 2 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Managers Special Equity Fund Class Managers MGSEX
GROWTH OF $10,000
as of 9/30/2011
NO LOAD
NO FEE
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
FUND PROFILE
as of 09/30/11
Fund Manager (since 2010): Arthur Weise
MGSEX $15,640
Russell 2000 TR USD $18,116
Category Average $15,476
$25,000
$22,500
$20,000
$17,500
Available at Schwab
Inception Date
Status
Category
Index Fund
Fund Company
Portfolio Turnover
Yes
06/01/1984
Open
Small Growth
No
Managers Funds
138%
$15,000
MORNINGSTAR RATINGS
$12,500
as of 09/30/11
$10,000
Overall rating
★
02
03
04
05
06
07
08
09
$7,500
CURRENT MANAGER
10
11
★
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment of dividends
and capital gains, and does not reflect sales loads, redemption fees or the effects of taxes on any capital gains
and/or distributions.
★★★★
★★★★★
★★
★★★
★★★★
★★★★★
★
★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
10 year rating
CATEGORY: SMALL GROWTH
★
PERFORMANCE RETURNS
Monthly data as of 09/30/2011
Cumulative Returns %
YTD
3 MO
★★
Historical Return
AVERAGE
RETURN
LO
Historical Risk
HI
BELOW AVERAGE
LO
RISK
HI
The ratings reflect historical risk-adjusted performance and
the overall Morningstar Rating™ is derived from a weighted
average of the performance figures associated with fund’s
3, 5, and 10 year rating metrics.
Annualized Returns %
1 YR
5 YR
10 YR
QUARTERLY AVERAGE ANNUAL TOTAL RETURN
SINCE
INCEP.
as of 09/30/2011
20%
1 Year
5 Years
10%
0%
5.59%
-1.05%
4.57%
10 Years
Since Incep. 10.60%
Numbers are adjusted for possible sales charges, and
assume reinvestment of dividends & capital gains over
each time period.
-10%
-20%
-30%
YTD
3 MO
1 YR
5 YR
10 YR
SINCE
INCEP.
Managers Special Equity Managers
-10.00
-21.25
+5.59
-1.05
Category Average
-16.08
-23.30
-2.15
+0.11
+5.07
--
Russell 2000 TR USD
-17.02
-21.87
-3.53
-1.02
+6.12
--
RANK WITHIN CATEGORY FOR ANNUAL TOTAL RETURN %
Rank within Category compares this
fund's total annual return to that of
other funds in the same category,
and its figures are not adjusted for
load, sales charge, or taxes.
★★★
5 year rating
Morningstar Category: Small-growth funds focus on faster-growing companies whose shares are at the lower end of
the market-capitalization range. These funds tend to favor companies in up-and-coming industries or young firms in
their early growth stages. As a result, the category tends to move in sync with the market for initial public offerings.
Many of these funds invest in the technology, health-care, and services sectors. Because these businesses are
fast-growing and often richly valued, their stocks tend to be volatile.
This section contrasts MGSEX to
its benchmarks.
★★
3 year rating
+4.57 +10.60
as of 09/30/2011
YTD
2010
2009
2008
2007
2006
TOP 25%
BOTTOM 25%
RETURN % -10.00 33.11
EXPENSES
Gross Expense Ratio (before waivers)
Net Expense Ratio (after waivers)
Category Average Expense Ratio
12b-1 Fees
Max Front Load
Max Back Load
Redemption Fee
1.56%
1.37%
1.54%
None
None
None
None
A net expense ratio lower than the gross expense ratio
may reflect a cap on or contractual waiver of fund
expenses. Please read the fund prospectus for details on
limits or expiration dates for any such waivers.
30.78 -43.50
-0.59
11.28
Data and rankings provided by Morningstar. Morningstar proprietary ratings reflect historical risk-adjusted performance as of 09/30/11. These ratings are subject to change every month. For
each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly
performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. (Each share class is
counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The top 10% of the funds in an investment category
receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The overall Morningstar Rating is a weighted average of the funds’
three-, five-, and 10-year (if applicable) Morningstar rating metrics. To contact Morningstar, Inc. call 1-800-735-0700.
One or more investments in your plan may be subject to a Contingent Redemption Fee. In addition, some mutual fund companies have strict policies on excessive trading and expressly prohibit
transactions deemed detrimental to long-term shareholders of the fund. Investors should consider carefully information contained in the prospectus, including investment objectives, risks, trading
restrictions, charges and expenses. You can request a prospectus by calling Schwab at 1-800-724-7526. You may also request a prospectus at www.SchwabPlan.com. Please read the
prospectus carefully before investing.
©2011 Charles Schwab & Co., Inc.
Page 1 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Managers Special Equity Fund Class Managers MGSEX
TOP TEN HOLDINGS
as of 09/30/2011
Category Average 19.67%
Top 10 holdings are 13.75% of the total porfolio assets.
The category average percent of portfolio in top 10
holdings is 19.67%
NO LOAD
NO FEE
SECTOR WEIGHTINGS
as of 08/31/2011
Information Technology
Consumer Discretionary
Health Care
Industrials
Financials
Energy
Materials
Consumer Staples
Telecommunication Services
Top 10 Holdings in MGSEX
13.75%
PERCENT
OF ASSETS
SYMBOL
COMPANY NAME
SECTOR
SXCI
ROSE
ACTG
SBNY
THS
WWW
TGI
MKTX
SNCR
CHSI
SXC Health Solutions Cor..
Rosetta Resources, Inc.
Acacia Research Coropora..
Signature Bank
Treehouse Foods, Inc.
Wolverine World Wide
Triumph Group, Inc.
MarketAxess Holdings, Inc.
Synchronoss Technologie..
Catalyst Health Solutions,..
Health Care
Energy
Industrials
Financials
Consumer Staples
Consumer Discretionary
Industrials
Financials
Information Technology
Health Care
1.96%
1.57%
1.49%
1.45%
1.36%
1.30%
1.27%
1.14%
1.14%
1.07%
Top Region
North America 97.98%
20.27%
19.21%
18.48%
15.76%
9.08%
8.95%
4.24%
3.58%
0.43%
ASSET BREAKDOWN
as of 08/31/11
-100
Fund holdings subject to change
REGIONAL EXPOSURE
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
as of 08/31/2011
Regional Breakdown
North America
Africa/Middle East
Europe Developed (excluding UK)
United Kingdom
Latin America
97.98%
.86%
.51%
.49%
.16%
Top 5 Countries
United States
Canada
Israel
United Kingdom
Luxembourg
95.56%
2.43%
.80%
.49%
.35%
-50
Domestic Stock
Foreign Stock
Cash
0
50
100
%Long
%Short
%Net
92.81
4.32
2.87
0.00
0.00
0.00
92.81
4.32
2.87
MARKET CAPITALIZATION
as of 08/31/2011
Medium Cap
Small Cap
Micro Cap
22.88%
61.22%
15.90%
This Mutual Fund Report Card is informational in nature and is not a recommendation or solicitation for any person to buy, sell or hold any particular security; nor is it intended to address any
individual's investment objectives, financial situation or personal circumstances. We recommend that investors define their goals, risk tolerance, time horizon and investment objectives in
addition to researching possible investment choices.
Sector weightings for fund portfolios are determined using the Global Industry Classification Standard (GICS). GICS was developed by and is the exclusive property of Morgan Stanley Capital
International Inc. and Standard & Poor's. GICS is a service mark of MSCI and S&P and has been licensed for use by Charles Schwab & Co., Inc.
Government bond fund shares are not guaranteed. Their price and investment return will fluctuate with market conditions and interest rates. Investment income from municipal bond funds may
be subject to certain state and local taxes and the federal alternative minimum tax. Capital gains are not exempt from federal income tax.
International investing involves special risks such as currency fluctuation and political instability. Investing in emerging markets may accentuate these risks. Small cap funds are subject to
greater volatility than those in other asset categories. Due to the limited focus of sector funds, they may experience greater volatility than funds with a broader investment strategy.
Mutual Fund OneSource® funds have no loads and generally have no transaction fees. Funds appearing on the Mutual Fund OneSource® Select List are chosen based on a formula that
combines risk-adjusted return, total return and expenses. They must be available through Schwab without loads and open to new investors. Charles Schwab receives remuneration from fund
companies in the Mutual Fund OneSource® Service for record keeping, shareholder services, and other administrative services. Schwab may also receive remuneration from transaction fee fund
companies for certain administrative services.
Schwab’s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab’s Mutual Fund OneSource® service (and certain other funds with no
transaction fee) and held for 90 days or less. Schwab reserves the right to exempt some funds from this fee, including certain Schwab Funds®, which may charge a separate redemption fee, and
funds that accommodate short-term trading. Trades in no-load mutual funds available through Schwab’s Mutual Fund OneSource® service (including Schwab Funds®) as well as certain other
funds, are available without transaction fees when placed through Schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge
applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds.
Schwab Affiliate Funds include Schwab Funds and Laudus Funds. Schwab Funds and Laudus Funds are advised by Charles Schwab Investment Management, Inc., an affiliate of Charles Schwab
& Co., Inc. Schwab Funds and the Laudus MarketMasters Funds are distributed by Charles Schwab & Co., Inc., and the Laudus Funds (except Laudus MarketMasters Funds) are distributed by
ALPS Distributors, Inc. The aggregate fees Schwab or its affiliates receive from Schwab Affiliate Funds are greater than the remuneration Schwab receives from other fund companies participating
in the Mutual Fund OneSource Service.
Charles Schwab & Co., Inc. Member SIPC (0108)
©2011 Charles Schwab & Co., Inc.
Page 2 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Morgan Stanley Institutional Core Plus Fixed Income Portfolio Class P MFXAX
GROWTH OF $10,000
as of 9/30/2011
FUND PROFILE
as of 09/30/11
Fund Manager (since 2008): Sanjay Verma
MFXAX $14,087
BarCap US Agg Bond TR USD $17,349
Category Average $15,826
$18,000
$16,000
$14,000
$12,000
Yes
Available at Schwab
11/07/1996
Inception Date
Trust Company Customers Only
Status
Intermediate-Term Bond
Category
No
Index Fund
Morgan Stanley
Fund Company
270%
Portfolio Turnover
MORNINGSTAR RATINGS
as of 09/30/11
$10,000
Overall rating
★
02
03
04
05
06
07
08
$8,000
CURRENT MANAGER
09
10
11
★
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment of dividends
and capital gains, and does not reflect sales loads, redemption fees or the effects of taxes on any capital gains
and/or distributions.
★★★★
★★★★★
★★
★★★
★★★★
★★★★★
★
★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
10 year rating
CATEGORY: INTERMEDIATE-TERM BOND
★
PERFORMANCE RETURNS
Monthly data as of 09/30/2011
Cumulative Returns %
YTD
3 MO
Annualized Returns %
1 YR
5 YR
10 YR
SINCE
INCEP.
★★
Historical Return
LOW
RETURN
4%
1 Year
5 Years
YTD
3 MO
1 YR
5 YR
10 YR
SINCE
INCEP.
Morgan Stanley Inst Core Plus FI P
+4.55
+0.64
+3.57
+2.01
+3.49
+4.64
Category Average
+3.39
+0.51
+2.49
+5.48
+5.02
--
BarCap US Agg Bond TR USD
+6.65
+3.82
+5.26
+6.53
+5.66
--
RANK WITHIN CATEGORY FOR ANNUAL TOTAL RETURN %
as of 09/30/2011
YTD
2010
2009
2008
2007
2006
TOP 25%
BOTTOM 25%
RETURN %
4.55
7.50
11.32 -16.66
4.88
LO
HI
AVERAGE
RISK
LO
HI
QUARTERLY AVERAGE ANNUAL TOTAL RETURN
as of 09/30/2011
0%
Historical Risk
The ratings reflect historical risk-adjusted performance and
the overall Morningstar Rating™ is derived from a weighted
average of the performance figures associated with fund’s
3, 5, and 10 year rating metrics.
6%
2%
Rank within Category compares this
fund's total annual return to that of
other funds in the same category,
and its figures are not adjusted for
load, sales charge, or taxes.
★★★
5 year rating
Morningstar Category: Intermediate-term bond funds have average durations that are greater than 3.5 years and less
than six years. Most of the funds rotate among a variety of sectors in the bond market, based upon which appear to
offer better values. Whatever types of bonds they hold, these funds are less sensitive to interest rates, and therefore
less volatile, than funds that have longer durations.
This section contrasts MFXAX to its
benchmarks.
★★
3 year rating
3.82
3.57%
2.01%
10 Years
Since Incep.
3.49%
4.64%
Numbers are adjusted for possible sales charges, and
assume reinvestment of dividends & capital gains over
each time period.
EXPENSES
Gross Expense Ratio (before waivers)
Net Expense Ratio (after waivers)
Category Average Expense Ratio
12b-1 Fees
Max Front Load
Max Back Load
Redemption Fee
0.77%
0.77%
0.95%
0.25
None
None
None
A net expense ratio lower than the gross expense ratio
may reflect a cap on or contractual waiver of fund
expenses. Please read the fund prospectus for details on
limits or expiration dates for any such waivers.
Data and rankings provided by Morningstar. Morningstar proprietary ratings reflect historical risk-adjusted performance as of 09/30/11. These ratings are subject to change every month. For
each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly
performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. (Each share class is
counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The top 10% of the funds in an investment category
receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The overall Morningstar Rating is a weighted average of the funds’
three-, five-, and 10-year (if applicable) Morningstar rating metrics. To contact Morningstar, Inc. call 1-800-735-0700.
One or more investments in your plan may be subject to a Contingent Redemption Fee. In addition, some mutual fund companies have strict policies on excessive trading and expressly prohibit
transactions deemed detrimental to long-term shareholders of the fund. Investors should consider carefully information contained in the prospectus, including investment objectives, risks, trading
restrictions, charges and expenses. You can request a prospectus by calling Schwab at 1-800-724-7526. You may also request a prospectus at www.SchwabPlan.com. Please read the
prospectus carefully before investing.
©2011 Charles Schwab & Co., Inc.
Page 1 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Morgan Stanley Institutional Core Plus Fixed Income Portfolio Class P MFXAX
TOP TEN HOLDINGS
as of 09/30/2011
Category Average 46.76%
CREDIT WEIGHTINGS
Top 10 holdings are 26.26% of the total porfolio assets.
The category average percent of portfolio in top 10
holdings is 46.76%
Top 10 Holdings in MFXAX
26.26%
THERE IS NOT ENOUGH DATA
AVAILABLE TO DRAW THIS CHART.
ASSET BREAKDOWN
as of 06/30/11
SYMBOL
COMPANY NAME
SECTOR
-----------
4213046l5 Irs Usd R V 0..
4213046l5 Irs Usd P F .8..
Msilf Money Market Portfo..
FNMA
2yr Us Treasury Note Futu..
2410341x5 Irs Gbp R F 4...
2410341x5 Irs Gbp P V 0..
5yr Us Treasury Note Futu..
1140153x6 Irs Cad P V 0..
1140153x6 Irs Cad R F 4...
-----------
Fund holdings subject to change
PERCENT
OF ASSETS
11.90%
-11.89%
7.86%
6.39%
6.22%
6.17%
-6.13%
5.80%
-5.63%
5.57%
-100
-50
Domestic Bond
Foreign Bond
Convertible
Cash
Other
0
50
100
%Long
%Short
%Net
120.88
25.50
2.05
12.61
0.09
51.98
5.85
0.00
3.21
0.09
68.90
19.65
2.05
9.40
0.00
This Mutual Fund Report Card is informational in nature and is not a recommendation or solicitation for any person to buy, sell or hold any particular security; nor is it intended to address any
individual's investment objectives, financial situation or personal circumstances. We recommend that investors define their goals, risk tolerance, time horizon and investment objectives in
addition to researching possible investment choices.
Sector weightings for fund portfolios are determined using the Global Industry Classification Standard (GICS). GICS was developed by and is the exclusive property of Morgan Stanley Capital
International Inc. and Standard & Poor's. GICS is a service mark of MSCI and S&P and has been licensed for use by Charles Schwab & Co., Inc.
Government bond fund shares are not guaranteed. Their price and investment return will fluctuate with market conditions and interest rates. Investment income from municipal bond funds may
be subject to certain state and local taxes and the federal alternative minimum tax. Capital gains are not exempt from federal income tax.
International investing involves special risks such as currency fluctuation and political instability. Investing in emerging markets may accentuate these risks. Small cap funds are subject to
greater volatility than those in other asset categories. Due to the limited focus of sector funds, they may experience greater volatility than funds with a broader investment strategy.
Mutual Fund OneSource® funds have no loads and generally have no transaction fees. Funds appearing on the Mutual Fund OneSource® Select List are chosen based on a formula that
combines risk-adjusted return, total return and expenses. They must be available through Schwab without loads and open to new investors. Charles Schwab receives remuneration from fund
companies in the Mutual Fund OneSource® Service for record keeping, shareholder services, and other administrative services. Schwab may also receive remuneration from transaction fee fund
companies for certain administrative services.
Schwab’s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab’s Mutual Fund OneSource® service (and certain other funds with no
transaction fee) and held for 90 days or less. Schwab reserves the right to exempt some funds from this fee, including certain Schwab Funds®, which may charge a separate redemption fee, and
funds that accommodate short-term trading. Trades in no-load mutual funds available through Schwab’s Mutual Fund OneSource® service (including Schwab Funds®) as well as certain other
funds, are available without transaction fees when placed through Schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge
applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds.
Schwab Affiliate Funds include Schwab Funds and Laudus Funds. Schwab Funds and Laudus Funds are advised by Charles Schwab Investment Management, Inc., an affiliate of Charles Schwab
& Co., Inc. Schwab Funds and the Laudus MarketMasters Funds are distributed by Charles Schwab & Co., Inc., and the Laudus Funds (except Laudus MarketMasters Funds) are distributed by
ALPS Distributors, Inc. The aggregate fees Schwab or its affiliates receive from Schwab Affiliate Funds are greater than the remuneration Schwab receives from other fund companies participating
in the Mutual Fund OneSource Service.
Charles Schwab & Co., Inc. Member SIPC (0108)
©2011 Charles Schwab & Co., Inc.
Page 2 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Morgan Stanley Institutional Emerging Markets Fund Class P MMKBX
GROWTH OF $10,000
as of 9/30/2011
FUND PROFILE
as of 09/30/11
Fund Manager (since 2002): Ruchir Sharma
MMKBX $41,143
MSCI EM USD $35,022
$40,000
Yes
Available at Schwab
01/02/1996
Inception Date
Trust Company Customers Only
Status
Diversified Emerging Mkts
Category
No
Index Fund
Morgan Stanley
Fund Company
59%
Portfolio Turnover
$30,000
MORNINGSTAR RATINGS
$20,000
Overall rating
Category Average $37,754
$70,000
$60,000
$50,000
as of 09/30/11
★
02
CURRENT MANAGER
03
04
$10,000
05
06
07
08
09
10
11
★
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment of dividends
and capital gains, and does not reflect sales loads, redemption fees or the effects of taxes on any capital gains
and/or distributions.
★★★★
★★★★★
★★
★★★
★★★★
★★★★★
★
★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
10 year rating
CATEGORY: DIVERSIFIED EMERGING MKTS
★
PERFORMANCE RETURNS
Monthly data as of 09/30/2011
Cumulative Returns %
YTD
3 MO
★★
Historical Return
AVERAGE
RETURN
LO
Historical Risk
HI
AVERAGE
RISK
LO
HI
The ratings reflect historical risk-adjusted performance and
the overall Morningstar Rating™ is derived from a weighted
average of the performance figures associated with fund’s
3, 5, and 10 year rating metrics.
Annualized Returns %
1 YR
5 YR
10 YR
QUARTERLY AVERAGE ANNUAL TOTAL RETURN
SINCE
INCEP.
as of 09/30/2011
20%
1 Year
5 Years
10%
0%
-16.16%
3.08%
15.19%
10 Years
Since Incep. 7.42%
Numbers are adjusted for possible sales charges, and
assume reinvestment of dividends & capital gains over
each time period.
-10%
-20%
-30%
YTD
3 MO
1 YR
5 YR
10 YR
SINCE
INCEP.
Morgan Stanley Inst Emerging Mkts P
-20.86
-20.02
-16.16
+3.08 +15.19
+7.42
Category Average
-24.19
-23.64
-18.62
+2.67 +14.61
--
MSCI EM USD
-23.53
-23.19
-18.14
+2.50 +13.35
--
RANK WITHIN CATEGORY FOR ANNUAL TOTAL RETURN %
Rank within Category compares this
fund's total annual return to that of
other funds in the same category,
and its figures are not adjusted for
load, sales charge, or taxes.
★★★
5 year rating
Morningstar Category: Diversified emerging-markets funds invest at least 50% of stock assets in developing nations.
Most funds divide their assets among 20 or more nations, although they tend to focus on the emerging markets of
Asia and Latin America rather than on those of the Middle East, Africa, or Europe. Thus, popular destinations include
Hong Kong, Korea, Mexico, and Brazil. Whatever their favorite nations, all these funds have the potential for large
price swings.
This section contrasts MMKBX to
its benchmarks.
★★
3 year rating
as of 09/30/2011
YTD
2010
2009
2008
2007
2006
TOP 25%
BOTTOM 25%
RETURN % -20.86 18.20
EXPENSES
Gross Expense Ratio (before waivers)
Net Expense Ratio (after waivers)
Category Average Expense Ratio
12b-1 Fees
Max Front Load
Max Back Load
Redemption Fee
1.73%
1.73%
1.68%
0.25
None
None
2.00
A net expense ratio lower than the gross expense ratio
may reflect a cap on or contractual waiver of fund
expenses. Please read the fund prospectus for details on
limits or expiration dates for any such waivers.
69.11 -56.52 41.34
37.65
Data and rankings provided by Morningstar. Morningstar proprietary ratings reflect historical risk-adjusted performance as of 09/30/11. These ratings are subject to change every month. For
each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly
performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. (Each share class is
counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The top 10% of the funds in an investment category
receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The overall Morningstar Rating is a weighted average of the funds’
three-, five-, and 10-year (if applicable) Morningstar rating metrics. To contact Morningstar, Inc. call 1-800-735-0700.
One or more investments in your plan may be subject to a Contingent Redemption Fee. In addition, some mutual fund companies have strict policies on excessive trading and expressly prohibit
transactions deemed detrimental to long-term shareholders of the fund. Investors should consider carefully information contained in the prospectus, including investment objectives, risks, trading
restrictions, charges and expenses. You can request a prospectus by calling Schwab at 1-800-724-7526. You may also request a prospectus at www.SchwabPlan.com. Please read the
prospectus carefully before investing.
©2011 Charles Schwab & Co., Inc.
Page 1 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Morgan Stanley Institutional Emerging Markets Fund Class P MMKBX
TOP TEN HOLDINGS
as of 09/30/2011
Category Average 17.31%
Top 10 holdings are 17.11% of the total porfolio assets.
The category average percent of portfolio in top 10
holdings is 17.31%
SECTOR WEIGHTINGS
as of 06/30/2011
Financials
Consumer Staples
Telecommunication Services
Information Technology
Consumer Discretionary
Materials
Energy
Industrials
Utilities
Health Care
Top 10 Holdings in MMKBX
17.11%
PERCENT
OF ASSETS
SYMBOL
COMPANY NAME
SECTOR
-AMX
LUKOY
HYMLF
-----ITUB
Samsung Electronics Co Ltd
America Movil SAB de CV ..
Lukoil Company ADR
Hyundai Motor Co Ltd
Msilf Money Market Portfo..
Naspers, Ltd.
Mtn Group Limited
SABMiller PLC
China Construction Bank ..
Itau Unibanco Holding SA ..
-Telecommunication ..
Energy
------Financials
2.42%
2.23%
2.00%
1.77%
1.63%
1.55%
1.45%
1.41%
1.35%
1.30%
ASSET BREAKDOWN
as of 06/30/11
Fund holdings subject to change
-100
REGIONAL EXPOSURE
-50
as of 06/30/2011
Top Region
Asia Emerging 35.21%
21.68%
15.01%
13.12%
12.66%
10.56%
7.67%
7.12%
6.15%
3.30%
2.71%
Regional Breakdown
Asia Emerging
Asia Developed (excluding Japan)
Latin America
Europe Emerging
Africa/Middle East
North America
Europe Developed (excluding UK)
United Kingdom
35.21%
22.02%
17.90%
11.06%
7.77%
2.79%
1.79%
1.46%
Top 5 Countries
South Korea
China
Brazil
India
Taiwan
15.08%
12.90%
10.26%
8.30%
6.56%
Domestic Stock
Foreign Stock
Preferred
Cash
Other
0
50
100
%Long
%Short
%Net
2.64
93.87
1.09
2.06
0.34
0.00
0.00
0.00
0.00
0.00
2.64
93.87
1.09
2.06
0.34
MARKET CAPITALIZATION
as of 06/30/2011
Giant Cap
Large Cap
Medium Cap
Small Cap
Micro Cap
45.34%
35.25%
16.72%
2.61%
0.07%
This Mutual Fund Report Card is informational in nature and is not a recommendation or solicitation for any person to buy, sell or hold any particular security; nor is it intended to address any
individual's investment objectives, financial situation or personal circumstances. We recommend that investors define their goals, risk tolerance, time horizon and investment objectives in
addition to researching possible investment choices.
Sector weightings for fund portfolios are determined using the Global Industry Classification Standard (GICS). GICS was developed by and is the exclusive property of Morgan Stanley Capital
International Inc. and Standard & Poor's. GICS is a service mark of MSCI and S&P and has been licensed for use by Charles Schwab & Co., Inc.
Government bond fund shares are not guaranteed. Their price and investment return will fluctuate with market conditions and interest rates. Investment income from municipal bond funds may
be subject to certain state and local taxes and the federal alternative minimum tax. Capital gains are not exempt from federal income tax.
International investing involves special risks such as currency fluctuation and political instability. Investing in emerging markets may accentuate these risks. Small cap funds are subject to
greater volatility than those in other asset categories. Due to the limited focus of sector funds, they may experience greater volatility than funds with a broader investment strategy.
Mutual Fund OneSource® funds have no loads and generally have no transaction fees. Funds appearing on the Mutual Fund OneSource® Select List are chosen based on a formula that
combines risk-adjusted return, total return and expenses. They must be available through Schwab without loads and open to new investors. Charles Schwab receives remuneration from fund
companies in the Mutual Fund OneSource® Service for record keeping, shareholder services, and other administrative services. Schwab may also receive remuneration from transaction fee fund
companies for certain administrative services.
Schwab’s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab’s Mutual Fund OneSource® service (and certain other funds with no
transaction fee) and held for 90 days or less. Schwab reserves the right to exempt some funds from this fee, including certain Schwab Funds®, which may charge a separate redemption fee, and
funds that accommodate short-term trading. Trades in no-load mutual funds available through Schwab’s Mutual Fund OneSource® service (including Schwab Funds®) as well as certain other
funds, are available without transaction fees when placed through Schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge
applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds.
Schwab Affiliate Funds include Schwab Funds and Laudus Funds. Schwab Funds and Laudus Funds are advised by Charles Schwab Investment Management, Inc., an affiliate of Charles Schwab
& Co., Inc. Schwab Funds and the Laudus MarketMasters Funds are distributed by Charles Schwab & Co., Inc., and the Laudus Funds (except Laudus MarketMasters Funds) are distributed by
ALPS Distributors, Inc. The aggregate fees Schwab or its affiliates receive from Schwab Affiliate Funds are greater than the remuneration Schwab receives from other fund companies participating
in the Mutual Fund OneSource Service.
Charles Schwab & Co., Inc. Member SIPC (0108)
©2011 Charles Schwab & Co., Inc.
Page 2 of 2
Schwab Mutual Fund Report Card™
as of 8/31/2011
Morgan Stanley Institutional Fund Growth Portfolio Class P MSEGX
GROWTH OF $10,000
as of 8/31/2011
Fund Manager (since 2004): Dennis Lynch
MSEGX $15,597
S&P 500 TR $13,052
FUND PROFILE
as of 08/31/11
$12,000
Available at Schwab
Inception Date
Status
Category
Index Fund
Fund Company
Portfolio Turnover
$10,000
MORNINGSTAR RATINGS
$8,000
Overall rating
Category Average $11,909
$18,000
$16,000
$14,000
as of 08/31/11
★
02
03
04
CURRENT MANAGER
05
06
$6,000
07
08
09
10
No
01/02/1996
NA
Large Growth
No
Morgan Stanley
35%
★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
3 year rating
11
★
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment
of dividends and capital gains, and does not reflect sales loads, redemption fees or the effects of
taxes on any capital gains and/or distributions.
★★
5 year rating
★
★★
10 year rating
CATEGORY: LARGE GROWTH
★
Morningstar Category: Large-growth funds invest in big companies that are projected to grow faster
than other large-cap stocks. Most of these funds focus on companies in rapidly expanding industries.
PERFORMANCE RETURNS
This section contrasts MSEGX to
its benchmarks.
Monthly data as of 08/31/2011
Cumulative Returns %
YTD
3 MO
Annualized Returns %
1 YR
5 YR
10 YR
40%
30%
20%
10%
0%
-10%
-20%
SINCE
INCEP.
LO
HI
HIGH
RISK
LO
HI
The ratings reflect historical risk-adjusted performance and
the overall Morningstar Rating™ is derived from a weighted
average of the performance figures associated with fund’s
3, 5, and 10 year rating metrics.
as of 06/30/2011
1 Year
5 Years
3 MO
1 YR
5 YR
10 YR
SINCE
INCEP.
+5.30
-4.56 +32.29
+6.87
+4.55
+7.48
Category Average
-3.87
-10.42 +19.15
+2.21
+2.44
--
S&P 500 TR
-1.77
-8.90 +18.50
+0.78
+2.70
--
RANK WITHIN CATEGORY FOR ANNUAL TOTAL RETURN %
Rank within Category compares this
fund's total annual return to that of
other funds in the same category,
and its figures are not adjusted for
load, sales charge, or taxes.
HIGH
RETURN
Historical Risk
QUARTERLY AVERAGE ANNUAL TOTAL RETURN
YTD
Morgan Stanley Institutional Growth P
★★
Historical Return
as of 08/31/2011
YTD
2010
2009
2008
2007
2006
5.30
22.79
62.66 -50.57 21.93
3.85
TOP 25%
BOTTOM 25%
RETURN %
43.29%
7.10%
10 Years
Since Incep.
3.91%
7.82%
Numbers are adjusted for possible sales charges, and
assume reinvestment of dividends & capital gains over
each time period.
EXPENSES
Gross Expense Ratio (before waivers)
Net Expense Ratio (after waivers)
Category Average Expense Ratio
12b-1 Fees
Max Front Load
Max Back Load
Redemption Fee
0.98%
0.98%
1.34%
0.25
None
None
None
A net expense ratio lower than the gross expense ratio
may reflect a cap on or contractual waiver of fund
expenses. Please read the fund prospectus for details on
limits or expiration dates for any such waivers.
Data and rankings provided by Morningstar. Morningstar proprietary ratings reflect historical risk-adjusted performance as of 08/31/11. These ratings are subject to change every month. For
each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly
performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. (Each share class is
counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The top 10% of the funds in an investment category
receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The overall Morningstar Rating is a weighted average of the funds’
three-, five-, and 10-year (if applicable) Morningstar rating metrics. To contact Morningstar, Inc. call 1-800-735-0700.
One or more investments in your plan may be subject to a Contingent Redemption Fee. In addition, some mutual fund companies have strict policies on excessive trading and expressly prohibit
transactions deemed detrimental to long-term shareholders of the fund. Investors should consider carefully information contained in the prospectus, including investment objectives, risks, trading
restrictions, charges and expenses. You can request a prospectus by calling Schwab at 1-800-724-7526. You may also request a prospectus at www.SchwabPlan.com. Please read the
prospectus carefully before investing.
©2011 Charles Schwab & Co., Inc.
Page 1 of 2
Schwab Mutual Fund Report Card™
as of 8/31/2011
Morgan Stanley Institutional Fund Growth Portfolio Class P MSEGX
TOP TEN HOLDINGS
as of 08/31/2011
Category Average 24.49%
Top 10 holdings are 42.80% of the total porfolio assets.
The category average percent of portfolio in top 10
holdings is 24.49%
SECTOR WEIGHTINGS
as of 06/30/2011
Information Technology
Consumer Discretionary
Financials
Health Care
Consumer Staples
Industrials
Materials
Energy
Top 10 Holdings in MSEGX
42.80%
PERCENT
OF ASSETS
SYMBOL
COMPANY NAME
SECTOR
AMZN
AAPL
BIDU
GOOG
--MSI
ILMN
NFLX
--
Amazon.com Inc
Apple, Inc.
Baidu, Inc. ADR
Google, Inc.
Brookfield Asset Manage..
Edenred SA
Motorola Solutions, Inc.
Illumina, Inc.
Netflix, Inc.
Facebook Inc Class B Co..
Consumer Discretionary
Information Technology
Information Technology
Information Technology
--Information Technology
Health Care
Consumer Discretionary
--
7.80%
6.91%
4.33%
4.29%
3.66%
3.60%
3.59%
3.08%
2.79%
2.75%
ASSET BREAKDOWN
as of 06/30/11
-100
Fund holdings subject to change
REGIONAL EXPOSURE
Top Region
North America 78.24%
32.01%
24.66%
10.93%
9.16%
8.14%
5.95%
5.42%
3.73%
as of 06/30/2011
Regional Breakdown
North America
Europe Developed (excluding UK)
Asia Emerging
Latin America
Asia Developed (excluding Japan)
Africa/Middle East
United Kingdom
78.24%
8.47%
5.97%
1.95%
1.92%
1.82%
1.62%
Top 5 Countries
United States
China
Canada
France
Brazil
73.60%
5.80%
5.24%
3.63%
1.90%
-50
Domestic Stock
Foreign Stock
Cash
Other
0
50
100
%Long
%Short
%Net
72.91
26.14
0.48
0.48
0.00
0.00
0.00
0.00
72.91
26.14
0.48
0.48
MARKET CAPITALIZATION
as of 06/30/2011
Giant Cap
Large Cap
Medium Cap
31.81%
50.10%
18.09%
This Mutual Fund Report Card is informational in nature and is not a recommendation or solicitation for any person to buy, sell or hold any particular security; nor is it intended to address any
individual's investment objectives, financial situation or personal circumstances. We recommend that investors define their goals, risk tolerance, time horizon and investment objectives in
addition to researching possible investment choices.
Sector weightings for fund portfolios are determined using the Global Industry Classification Standard (GICS). GICS was developed by and is the exclusive property of Morgan Stanley Capital
International Inc. and Standard & Poor's. GICS is a service mark of MSCI and S&P and has been licensed for use by Charles Schwab & Co., Inc.
Government bond fund shares are not guaranteed. Their price and investment return will fluctuate with market conditions and interest rates. Investment income from municipal bond funds may
be subject to certain state and local taxes and the federal alternative minimum tax. Capital gains are not exempt from federal income tax.
International investing involves special risks such as currency fluctuation and political instability. Investing in emerging markets may accentuate these risks. Small cap funds are subject to
greater volatility than those in other asset categories. Due to the limited focus of sector funds, they may experience greater volatility than funds with a broader investment strategy.
Mutual Fund OneSource® funds have no loads and generally have no transaction fees. Funds appearing on the Mutual Fund OneSource® Select List are chosen based on a formula that
combines risk-adjusted return, total return and expenses. They must be available through Schwab without loads and open to new investors. Charles Schwab receives remuneration from fund
companies in the Mutual Fund OneSource® Service for record keeping, shareholder services, and other administrative services. Schwab may also receive remuneration from transaction fee fund
companies for certain administrative services.
Schwab’s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab’s Mutual Fund OneSource® service (and certain other funds with no
transaction fee) and held for 90 days or less. Schwab reserves the right to exempt some funds from this fee, including certain Schwab Funds®, which may charge a separate redemption fee, and
funds that accommodate short-term trading. Trades in no-load mutual funds available through Schwab’s Mutual Fund OneSource® service (including Schwab Funds®) as well as certain other
funds, are available without transaction fees when placed through Schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge
applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds.
Schwab Affiliate Funds include Schwab Funds and Laudus Funds. Schwab Funds and Laudus Funds are advised by Charles Schwab Investment Management, Inc., an affiliate of Charles Schwab
& Co., Inc. Schwab Funds and the Laudus MarketMasters Funds are distributed by Charles Schwab & Co., Inc., and the Laudus Funds (except Laudus MarketMasters Funds) are distributed by
ALPS Distributors, Inc. The aggregate fees Schwab or its affiliates receive from Schwab Affiliate Funds are greater than the remuneration Schwab receives from other fund companies participating
in the Mutual Fund OneSource Service.
Charles Schwab & Co., Inc. Member SIPC (0108)
©2011 Charles Schwab & Co., Inc.
Page 2 of 2
Schwab Mutual Fund Report Card™
as of 8/31/2011
Morgan Stanley Institutional International Equity Fund Class P MIQBX
GROWTH OF $10,000
as of 8/31/2011
FUND PROFILE
as of 08/31/11
Fund Manager (since 1999): Peter Wright
MIQBX $17,623
MSCI EAFE NR USD $16,226
Category Average $15,368
$25,000
$22,500
$20,000
$17,500
$15,000
Available at Schwab
Inception Date
Status
Category
Index Fund
Fund Company
Portfolio Turnover
$12,500
MORNINGSTAR RATINGS
$10,000
as of 08/31/11
Overall rating
$7,500
★
CURRENT MANAGER
02
03
$5,000
04
05
06
07
08
09
10
Yes
01/02/1996
Redemptions Only
Foreign Large Blend
No
Morgan Stanley
40%
★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
3 year rating
11
★
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment
of dividends and capital gains, and does not reflect sales loads, redemption fees or the effects of
taxes on any capital gains and/or distributions.
★★
5 year rating
★
★★
10 year rating
CATEGORY: FOREIGN LARGE BLEND
★
Morningstar Category: Foreign large-blend funds invest in a variety of big international stocks. Most of
these funds divide their assets among a dozen or more developed markets, including Japan, Britain,
France, and Germany. They tend to invest the rest in emerging markets such as Hong Kong, Brazil,
Mexico and Thailand. These funds typically will have less than 20% of assets invested in U.S. stocks.
PERFORMANCE RETURNS
This section contrasts MIQBX to its
benchmarks.
Monthly data as of 08/31/2011
Cumulative Returns %
YTD
3 MO
AVERAGE
RETURN
LO
Historical Risk
HI
LOW
RISK
LO
HI
The ratings reflect historical risk-adjusted performance and
the overall Morningstar Rating™ is derived from a weighted
average of the performance figures associated with fund’s
3, 5, and 10 year rating metrics.
Annualized Returns %
1 YR
5 YR
10 YR
15%
10%
5%
0%
-5%
-10%
-15%
SINCE
INCEP.
QUARTERLY AVERAGE ANNUAL TOTAL RETURN
as of 06/30/2011
1 Year
5 Years
27.53%
2.35%
10 Years
Since Incep.
6.69%
8.56%
Numbers are adjusted for possible sales charges, and
assume reinvestment of dividends & capital gains over
each time period.
YTD
3 MO
1 YR
5 YR
10 YR
SINCE
INCEP.
-0.45
+5.83
+7.79
Morgan Stanley Inst International Eq P
-3.85
-11.18 +10.83
Category Average
-7.80
-12.95
+8.95
-1.40
+4.47
--
MSCI EAFE NR USD
-6.02
-11.60 +10.01
-1.48
+4.96
--
RANK WITHIN CATEGORY FOR ANNUAL TOTAL RETURN %
Rank within Category compares this
fund's total annual return to that of
other funds in the same category,
and its figures are not adjusted for
load, sales charge, or taxes.
★★
Historical Return
as of 08/31/2011
YTD
2010
2009
2008
2007
2006
TOP 25%
BOTTOM 25%
RETURN % -3.85
EXPENSES
Gross Expense Ratio (before waivers)
Net Expense Ratio (after waivers)
Category Average Expense Ratio
12b-1 Fees
Max Front Load
Max Back Load
Redemption Fee
1.23%
1.20%
1.44%
0.25
None
None
2.00
A net expense ratio lower than the gross expense ratio
may reflect a cap on or contractual waiver of fund
expenses. Please read the fund prospectus for details on
limits or expiration dates for any such waivers.
5.78
21.18 -33.21
9.58
22.21
Data and rankings provided by Morningstar. Morningstar proprietary ratings reflect historical risk-adjusted performance as of 08/31/11. These ratings are subject to change every month. For
each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly
performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. (Each share class is
counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The top 10% of the funds in an investment category
receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The overall Morningstar Rating is a weighted average of the funds’
three-, five-, and 10-year (if applicable) Morningstar rating metrics. To contact Morningstar, Inc. call 1-800-735-0700.
One or more investments in your plan may be subject to a Contingent Redemption Fee. In addition, some mutual fund companies have strict policies on excessive trading and expressly prohibit
transactions deemed detrimental to long-term shareholders of the fund. Investors should consider carefully information contained in the prospectus, including investment objectives, risks, trading
restrictions, charges and expenses. You can request a prospectus by calling Schwab at 1-800-724-7526. You may also request a prospectus at www.SchwabPlan.com. Please read the
prospectus carefully before investing.
©2011 Charles Schwab & Co., Inc.
Page 1 of 2
Schwab Mutual Fund Report Card™
as of 8/31/2011
Morgan Stanley Institutional International Equity Fund Class P MIQBX
TOP TEN HOLDINGS
as of 08/31/2011
Category Average 16.28%
Top 10 holdings are 29.41% of the total porfolio assets.
The category average percent of portfolio in top 10
holdings is 16.28%
SECTOR WEIGHTINGS
as of 06/30/2011
Consumer Staples
Financials
Industrials
Materials
Health Care
Energy
Consumer Discretionary
Information Technology
Telecommunication Services
Utilities
Top 10 Holdings in MIQBX
29.41%
SYMBOL
COMPANY NAME
SECTOR
-----------
Imperial Tobacco Group PLC
Unilever NV
British American Tobacco ..
Nestle SA
Reckitt Benckiser Group PLC
Prudential PLC
HSBC Holdings PLC
Novartis AG
Toyota Motor Corp
Vallourec Usines a Tubes ..
-----------
PERCENT
OF ASSETS
3.85%
3.82%
3.65%
3.48%
3.23%
2.76%
2.40%
2.20%
2.01%
2.01%
ASSET BREAKDOWN
as of 06/30/11
-100
Fund holdings subject to change
REGIONAL EXPOSURE
as of 06/30/2011
Top Region
United Kingdom 34.51%
22.33%
20.07%
12.01%
10.34%
8.37%
8.18%
6.60%
6.27%
3.48%
2.35%
Regional Breakdown
United Kingdom
Europe Developed (excluding UK)
Japan
Australasia
North America
34.51%
33.46%
26.00%
3.54%
2.49%
Top 5 Countries
United Kingdom
Japan
Switzerland
France
Netherlands
34.51%
25.99%
11.67%
7.75%
5.37%
-50
Domestic Stock
Foreign Stock
Cash
0
50
100
%Long
%Short
%Net
1.48
96.32
2.20
0.00
0.00
0.00
1.48
96.32
2.20
MARKET CAPITALIZATION
as of 06/30/2011
Giant Cap
Large Cap
Medium Cap
Micro Cap
50.90%
39.96%
8.16%
0.99%
This Mutual Fund Report Card is informational in nature and is not a recommendation or solicitation for any person to buy, sell or hold any particular security; nor is it intended to address any
individual's investment objectives, financial situation or personal circumstances. We recommend that investors define their goals, risk tolerance, time horizon and investment objectives in
addition to researching possible investment choices.
Sector weightings for fund portfolios are determined using the Global Industry Classification Standard (GICS). GICS was developed by and is the exclusive property of Morgan Stanley Capital
International Inc. and Standard & Poor's. GICS is a service mark of MSCI and S&P and has been licensed for use by Charles Schwab & Co., Inc.
Government bond fund shares are not guaranteed. Their price and investment return will fluctuate with market conditions and interest rates. Investment income from municipal bond funds may
be subject to certain state and local taxes and the federal alternative minimum tax. Capital gains are not exempt from federal income tax.
International investing involves special risks such as currency fluctuation and political instability. Investing in emerging markets may accentuate these risks. Small cap funds are subject to
greater volatility than those in other asset categories. Due to the limited focus of sector funds, they may experience greater volatility than funds with a broader investment strategy.
Mutual Fund OneSource® funds have no loads and generally have no transaction fees. Funds appearing on the Mutual Fund OneSource® Select List are chosen based on a formula that
combines risk-adjusted return, total return and expenses. They must be available through Schwab without loads and open to new investors. Charles Schwab receives remuneration from fund
companies in the Mutual Fund OneSource® Service for record keeping, shareholder services, and other administrative services. Schwab may also receive remuneration from transaction fee fund
companies for certain administrative services.
Schwab’s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab’s Mutual Fund OneSource® service (and certain other funds with no
transaction fee) and held for 90 days or less. Schwab reserves the right to exempt some funds from this fee, including certain Schwab Funds®, which may charge a separate redemption fee, and
funds that accommodate short-term trading. Trades in no-load mutual funds available through Schwab’s Mutual Fund OneSource® service (including Schwab Funds®) as well as certain other
funds, are available without transaction fees when placed through Schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge
applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds.
Schwab Affiliate Funds include Schwab Funds and Laudus Funds. Schwab Funds and Laudus Funds are advised by Charles Schwab Investment Management, Inc., an affiliate of Charles Schwab
& Co., Inc. Schwab Funds and the Laudus MarketMasters Funds are distributed by Charles Schwab & Co., Inc., and the Laudus Funds (except Laudus MarketMasters Funds) are distributed by
ALPS Distributors, Inc. The aggregate fees Schwab or its affiliates receive from Schwab Affiliate Funds are greater than the remuneration Schwab receives from other fund companies participating
in the Mutual Fund OneSource Service.
Charles Schwab & Co., Inc. Member SIPC (0108)
©2011 Charles Schwab & Co., Inc.
Page 2 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Morgan Stanley Institutional Mid Cap Growth Fund Class P MACGX
GROWTH OF $10,000
as of 9/30/2011
FUND PROFILE
as of 09/30/11
Fund Manager (since 2005): Alexander Norton
MACGX $22,441
Russell 2000 TR USD $18,116
Category Average $15,477
$30,000
$25,000
$20,000
$15,000
Yes
Available at Schwab
01/31/1997
Inception Date
Available to Existing Shareholders
Status
Mid-Cap Growth
Category
No
Index Fund
Morgan Stanley
Fund Company
23%
Portfolio Turnover
MORNINGSTAR RATINGS
as of 09/30/11
$10,000
Overall rating
★
02
03
04
05
$5,000
CURRENT MANAGER
06
07
08
09
10
★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
3 year rating
11
★
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment
of dividends and capital gains, and does not reflect sales loads, redemption fees or the effects of
taxes on any capital gains and/or distributions.
★★
5 year rating
★
★★
10 year rating
CATEGORY: MID-CAP GROWTH
★
Morningstar Category: Some mid-cap growth funds invest in stocks of all sizes, thus leading to a
mid-cap profile, but others focus on midsize companies. Mid-cap growth funds target firms that are
projected to grow faster than other mid-cap stocks, therefore commanding relatively higher prices.
Many of these stocks are found in the volatile technology, health-care, and services sectors.
PERFORMANCE RETURNS
This section contrasts MACGX to
its benchmarks.
HIGH
RETURN
Monthly data as of 09/30/2011
Cumulative Returns %
YTD
3 MO
Historical Risk
LO
HI
ABOVE AVERAGE
LO
RISK
HI
The ratings reflect historical risk-adjusted performance and
the overall Morningstar Rating™ is derived from a weighted
average of the performance figures associated with fund’s
3, 5, and 10 year rating metrics.
Annualized Returns %
1 YR
5 YR
10 YR
SINCE
INCEP.
QUARTERLY AVERAGE ANNUAL TOTAL RETURN
as of 09/30/2011
1 Year
5 Years
5%
-5%
0.22%
5.94%
10 Years
Since Incep.
8.42%
9.28%
Numbers are adjusted for possible sales charges, and
assume reinvestment of dividends & capital gains over
each time period.
-15%
-25%
YTD
3 MO
1 YR
5 YR
10 YR
SINCE
INCEP.
Morgan Stanley Inst Mid Cap Growth P
-10.08
-19.25
+0.22
+5.94
+8.42
+9.28
Category Average
-14.23
-20.65
-2.43
+1.14
+5.10
--
Russell 2000 TR USD
-17.02
-21.87
-3.53
-1.02
+6.12
--
RANK WITHIN CATEGORY FOR ANNUAL TOTAL RETURN %
Rank within Category compares this
fund's total annual return to that of
other funds in the same category,
and its figures are not adjusted for
load, sales charge, or taxes.
★★
Historical Return
as of 09/30/2011
YTD
2010
2009
2008
2007
2006
TOP 25%
BOTTOM 25%
RETURN % -10.08 32.69
EXPENSES
Gross Expense Ratio (before waivers)
Net Expense Ratio (after waivers)
Category Average Expense Ratio
12b-1 Fees
Max Front Load
Max Back Load
Redemption Fee
0.94%
0.94%
1.42%
0.25
None
None
None
A net expense ratio lower than the gross expense ratio
may reflect a cap on or contractual waiver of fund
expenses. Please read the fund prospectus for details on
limits or expiration dates for any such waivers.
59.71 -47.37 22.59
9.87
Data and rankings provided by Morningstar. Morningstar proprietary ratings reflect historical risk-adjusted performance as of 09/30/11. These ratings are subject to change every month. For
each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly
performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. (Each share class is
counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The top 10% of the funds in an investment category
receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The overall Morningstar Rating is a weighted average of the funds’
three-, five-, and 10-year (if applicable) Morningstar rating metrics. To contact Morningstar, Inc. call 1-800-735-0700.
One or more investments in your plan may be subject to a Contingent Redemption Fee. In addition, some mutual fund companies have strict policies on excessive trading and expressly prohibit
transactions deemed detrimental to long-term shareholders of the fund. Investors should consider carefully information contained in the prospectus, including investment objectives, risks, trading
restrictions, charges and expenses. You can request a prospectus by calling Schwab at 1-800-724-7526. You may also request a prospectus at www.SchwabPlan.com. Please read the
prospectus carefully before investing.
©2011 Charles Schwab & Co., Inc.
Page 1 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Morgan Stanley Institutional Mid Cap Growth Fund Class P MACGX
TOP TEN HOLDINGS
as of 09/30/2011
Category Average 15.39%
Top 10 holdings are 30.25% of the total porfolio assets.
The category average percent of portfolio in top 10
holdings is 15.39%
SECTOR WEIGHTINGS
as of 06/30/2011
Information Technology
Industrials
Consumer Discretionary
Health Care
Materials
Financials
Energy
Consumer Staples
Telecommunication Services
Top 10 Holdings in MACGX
30.25%
PERCENT
OF ASSETS
SYMBOL
COMPANY NAME
SECTOR
-MSI
-NFLX
ILMN
MSCI
ISRG
YNDX
SLH
MCP
Msilf Money Market Portfo..
Motorola Solutions, Inc.
Edenred SA
Netflix, Inc.
Illumina, Inc.
MSCI, Inc.
Intuitive Surgical, Inc.
Yandex NV
Solera Holdings, Inc.
Molycorp, Inc.
-Information Technology
-Consumer Discretionary
Health Care
Financials
Health Care
Information Technology
Information Technology
Materials
5.54%
3.49%
3.44%
3.01%
2.95%
2.55%
2.51%
2.50%
2.14%
2.12%
ASSET BREAKDOWN
as of 06/30/11
-100
Fund holdings subject to change
REGIONAL EXPOSURE
Top Region
North America 76.81%
26.92%
20.46%
16.55%
12.74%
8.24%
7.07%
3.62%
3.31%
1.08%
as of 06/30/2011
Regional Breakdown
North America
Europe Developed (excluding UK)
Asia Emerging
United Kingdom
Latin America
Africa/Middle East
Australasia
76.81%
9.21%
5.70%
3.45%
2.47%
1.71%
.65%
Top 5 Countries
United States
China
France
Canada
United Kingdom
73.35%
5.71%
3.72%
3.45%
3.45%
-50
Domestic Stock
Foreign Stock
Cash
Other
0
50
100
%Long
%Short
%Net
67.75
24.60
5.54
2.11
0.00
0.00
0.00
0.00
67.75
24.60
5.54
2.11
MARKET CAPITALIZATION
as of 06/30/2011
Large Cap
Medium Cap
Small Cap
34.78%
60.99%
4.23%
This Mutual Fund Report Card is informational in nature and is not a recommendation or solicitation for any person to buy, sell or hold any particular security; nor is it intended to address any
individual's investment objectives, financial situation or personal circumstances. We recommend that investors define their goals, risk tolerance, time horizon and investment objectives in
addition to researching possible investment choices.
Sector weightings for fund portfolios are determined using the Global Industry Classification Standard (GICS). GICS was developed by and is the exclusive property of Morgan Stanley Capital
International Inc. and Standard & Poor's. GICS is a service mark of MSCI and S&P and has been licensed for use by Charles Schwab & Co., Inc.
Government bond fund shares are not guaranteed. Their price and investment return will fluctuate with market conditions and interest rates. Investment income from municipal bond funds may
be subject to certain state and local taxes and the federal alternative minimum tax. Capital gains are not exempt from federal income tax.
International investing involves special risks such as currency fluctuation and political instability. Investing in emerging markets may accentuate these risks. Small cap funds are subject to
greater volatility than those in other asset categories. Due to the limited focus of sector funds, they may experience greater volatility than funds with a broader investment strategy.
Mutual Fund OneSource® funds have no loads and generally have no transaction fees. Funds appearing on the Mutual Fund OneSource® Select List are chosen based on a formula that
combines risk-adjusted return, total return and expenses. They must be available through Schwab without loads and open to new investors. Charles Schwab receives remuneration from fund
companies in the Mutual Fund OneSource® Service for record keeping, shareholder services, and other administrative services. Schwab may also receive remuneration from transaction fee fund
companies for certain administrative services.
Schwab’s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab’s Mutual Fund OneSource® service (and certain other funds with no
transaction fee) and held for 90 days or less. Schwab reserves the right to exempt some funds from this fee, including certain Schwab Funds®, which may charge a separate redemption fee, and
funds that accommodate short-term trading. Trades in no-load mutual funds available through Schwab’s Mutual Fund OneSource® service (including Schwab Funds®) as well as certain other
funds, are available without transaction fees when placed through Schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge
applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds.
Schwab Affiliate Funds include Schwab Funds and Laudus Funds. Schwab Funds and Laudus Funds are advised by Charles Schwab Investment Management, Inc., an affiliate of Charles Schwab
& Co., Inc. Schwab Funds and the Laudus MarketMasters Funds are distributed by Charles Schwab & Co., Inc., and the Laudus Funds (except Laudus MarketMasters Funds) are distributed by
ALPS Distributors, Inc. The aggregate fees Schwab or its affiliates receive from Schwab Affiliate Funds are greater than the remuneration Schwab receives from other fund companies participating
in the Mutual Fund OneSource Service.
Charles Schwab & Co., Inc. Member SIPC (0108)
©2011 Charles Schwab & Co., Inc.
Page 2 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Mutual Global Discovery Fund Class A
TEDIX
GROWTH OF $10,000
as of 9/30/2011
FUND PROFILE
as of 09/30/11
Fund Manager (since 2010): Timothy Rankin
TEDIX $20,398
MSCI World NR USD $14,399
Category Average $15,669
$25,000
$22,500
$20,000
$17,500
Yes
Available at Schwab
11/01/1996
Inception Date
Redemptions Only
Status
World Stock
Category
No
Index Fund
Franklin Templeton Investment Funds
Fund Company
37.76%
Portfolio Turnover
$15,000
MORNINGSTAR RATINGS
$12,500
as of 09/30/11
$10,000
Overall rating
★
02
03
04
05
06
07
08
09
$7,500
CURRENT MANAGER
10
11
★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
3 year rating
★
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment
of dividends and capital gains, and does not reflect sales loads, redemption fees or the effects of
taxes on any capital gains and/or distributions.
★★
5 year rating
★
★★
10 year rating
CATEGORY: WORLD STOCK
★
Morningstar Category: World-stock funds have few geographical limitations. It is common for these
funds to invest the majority of their assets in the U.S., Europe, and Japan, with the remainder
divided among the globe's smaller markets.
PERFORMANCE RETURNS
This section contrasts TEDIX to its
benchmarks.
ABOVE AVERAGE
LO
RETURN
Monthly data as of 09/30/2011
Cumulative Returns %
YTD
3 MO
Annualized Returns %
1 YR
5 YR
10 YR
SINCE
INCEP.
-5%
1 Year
5 Years
YTD
3 MO
1 YR
5 YR
10 YR
SINCE
INCEP.
Mutual Global Discovery A
-11.34
-20.44
-12.04
-0.14
+6.75
+8.30
Category Average
-14.89
-18.79
-7.62
-1.76
+4.63
--
MSCI World NR USD
-12.20
-16.61
-4.35
-2.23
+3.71
--
RANK WITHIN CATEGORY FOR ANNUAL TOTAL RETURN %
as of 09/30/2011
YTD
2010
2009
2008
2007
2006
TOP 25%
BOTTOM 25%
RETURN % -11.34 11.08
20.89 -26.73 10.96
HI
LOW
RISK
LO
HI
QUARTERLY AVERAGE ANNUAL TOTAL RETURN
as of 09/30/2011
-25%
Historical Risk
The ratings reflect historical risk-adjusted performance and
the overall Morningstar Rating™ is derived from a weighted
average of the performance figures associated with fund’s
3, 5, and 10 year rating metrics.
5%
-15%
Rank within Category compares this
fund's total annual return to that of
other funds in the same category,
and its figures are not adjusted for
load, sales charge, or taxes.
★★
Historical Return
23.02
-12.04%
-0.14%
10 Years
Since Incep.
6.75%
8.73%
Numbers are adjusted for possible sales charges, and
assume reinvestment of dividends & capital gains over
each time period.
EXPENSES
Gross Expense Ratio (before waivers)
Net Expense Ratio (after waivers)
Category Average Expense Ratio
12b-1 Fees
Max Front Load
Max Back Load
Redemption Fee
1.34%
1.34%
1.55%
0.30
5.75
None
None
A net expense ratio lower than the gross expense ratio
may reflect a cap on or contractual waiver of fund
expenses. Please read the fund prospectus for details on
limits or expiration dates for any such waivers.
Data and rankings provided by Morningstar. Morningstar proprietary ratings reflect historical risk-adjusted performance as of 09/30/11. These ratings are subject to change every month. For
each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly
performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. (Each share class is
counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The top 10% of the funds in an investment category
receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The overall Morningstar Rating is a weighted average of the funds’
three-, five-, and 10-year (if applicable) Morningstar rating metrics. To contact Morningstar, Inc. call 1-800-735-0700.
One or more investments in your plan may be subject to a Contingent Redemption Fee. In addition, some mutual fund companies have strict policies on excessive trading and expressly prohibit
transactions deemed detrimental to long-term shareholders of the fund. Investors should consider carefully information contained in the prospectus, including investment objectives, risks, trading
restrictions, charges and expenses. You can request a prospectus by calling Schwab at 1-800-724-7526. You may also request a prospectus at www.SchwabPlan.com. Please read the
prospectus carefully before investing.
©2011 Charles Schwab & Co., Inc.
Page 1 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Mutual Global Discovery Fund Class A
TOP TEN HOLDINGS
TEDIX
as of 09/30/2011
Category Average 13.41%
Top 10 holdings are 18.29% of the total porfolio assets.
The category average percent of portfolio in top 10
holdings is 13.41%
SECTOR WEIGHTINGS
as of 06/30/2011
Consumer Staples
Financials
Health Care
Industrials
Consumer Discretionary
Energy
Information Technology
Utilities
Materials
Telecommunication Services
Top 10 Holdings in TEDIX
18.29%
PERCENT
OF ASSETS
SYMBOL
COMPANY NAME
SECTOR
BTAFF
ITYBF
--CVS
-PFE
KFT
MRK
UNH
British Amer Tobacco
Imperial Tobacco Grp
Royal Dutch Shell PLC
Vodafone Group PLC
CVS Caremark Corp
Pernod Ricard NV
Pfizer Inc
Kraft Foods Inc
Merck & Co Inc
UnitedHealth Group Inc
----Consumer Staples
-Health Care
Consumer Staples
Health Care
Health Care
2.81%
2.09%
1.83%
1.75%
1.75%
1.71%
1.69%
1.58%
1.54%
1.54%
21.94%
20.74%
12.07%
10.14%
9.46%
6.67%
5.77%
5.48%
3.93%
3.80%
ASSET BREAKDOWN
as of 06/30/11
Fund holdings subject to change
REGIONAL EXPOSURE
Top Region
North America 44.90%
as of 06/30/2011
Regional Breakdown
North America
Europe Developed (excluding UK)
United Kingdom
Asia Developed (excluding Japan)
Japan
Australasia
Africa/Middle East
Latin America
44.90%
35.44%
12.23%
5.60%
.85%
.45%
.41%
.12%
Top 5 Countries
United States
United Kingdom
France
Germany
Switzerland
44.39%
12.10%
11.26%
8.25%
7.82%
-100
-50
Domestic Stock
Foreign Stock
Domestic Bond
Foreign Bond
Cash
Other
0
50
100
%Long
%Short
%Net
38.60
49.06
0.73
1.32
8.44
1.85
0.00
0.00
0.00
0.00
0.01
0.00
38.60
49.06
0.73
1.32
8.44
1.85
MARKET CAPITALIZATION
as of 06/30/2011
Giant Cap
Large Cap
Medium Cap
Small Cap
Micro Cap
45.57%
43.45%
10.16%
0.77%
0.05%
This Mutual Fund Report Card is informational in nature and is not a recommendation or solicitation for any person to buy, sell or hold any particular security; nor is it intended to address any
individual's investment objectives, financial situation or personal circumstances. We recommend that investors define their goals, risk tolerance, time horizon and investment objectives in
addition to researching possible investment choices.
Sector weightings for fund portfolios are determined using the Global Industry Classification Standard (GICS). GICS was developed by and is the exclusive property of Morgan Stanley Capital
International Inc. and Standard & Poor's. GICS is a service mark of MSCI and S&P and has been licensed for use by Charles Schwab & Co., Inc.
Government bond fund shares are not guaranteed. Their price and investment return will fluctuate with market conditions and interest rates. Investment income from municipal bond funds may
be subject to certain state and local taxes and the federal alternative minimum tax. Capital gains are not exempt from federal income tax.
International investing involves special risks such as currency fluctuation and political instability. Investing in emerging markets may accentuate these risks. Small cap funds are subject to
greater volatility than those in other asset categories. Due to the limited focus of sector funds, they may experience greater volatility than funds with a broader investment strategy.
Mutual Fund OneSource® funds have no loads and generally have no transaction fees. Funds appearing on the Mutual Fund OneSource® Select List are chosen based on a formula that
combines risk-adjusted return, total return and expenses. They must be available through Schwab without loads and open to new investors. Charles Schwab receives remuneration from fund
companies in the Mutual Fund OneSource® Service for record keeping, shareholder services, and other administrative services. Schwab may also receive remuneration from transaction fee fund
companies for certain administrative services.
Schwab’s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab’s Mutual Fund OneSource® service (and certain other funds with no
transaction fee) and held for 90 days or less. Schwab reserves the right to exempt some funds from this fee, including certain Schwab Funds®, which may charge a separate redemption fee, and
funds that accommodate short-term trading. Trades in no-load mutual funds available through Schwab’s Mutual Fund OneSource® service (including Schwab Funds®) as well as certain other
funds, are available without transaction fees when placed through Schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge
applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds.
Schwab Affiliate Funds include Schwab Funds and Laudus Funds. Schwab Funds and Laudus Funds are advised by Charles Schwab Investment Management, Inc., an affiliate of Charles Schwab
& Co., Inc. Schwab Funds and the Laudus MarketMasters Funds are distributed by Charles Schwab & Co., Inc., and the Laudus Funds (except Laudus MarketMasters Funds) are distributed by
ALPS Distributors, Inc. The aggregate fees Schwab or its affiliates receive from Schwab Affiliate Funds are greater than the remuneration Schwab receives from other fund companies participating
in the Mutual Fund OneSource Service.
Charles Schwab & Co., Inc. Member SIPC (0108)
©2011 Charles Schwab & Co., Inc.
Page 2 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Mutual Shares Fund Class A
TESIX
GROWTH OF $10,000
as of 9/30/2011
Fund Manager (since 2001): Deborah Turner
TESIX $14,161
S&P 500 TR $13,200
FUND PROFILE
as of 09/30/11
Category Average $12,701
$20,000
$17,500
$15,000
$12,500
Yes
Available at Schwab
11/01/1996
Inception Date
Redemptions Only
Status
Large Value
Category
No
Index Fund
Franklin Templeton Investment Funds
Fund Company
28.25%
Portfolio Turnover
MORNINGSTAR RATINGS
as of 09/30/11
$10,000
Overall rating
★
CURRENT MANAGER
02
03
$7,500
04
05
06
07
08
09
10
★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
3 year rating
11
★
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment
of dividends and capital gains, and does not reflect sales loads, redemption fees or the effects of
taxes on any capital gains and/or distributions.
★★
5 year rating
★
★★
10 year rating
CATEGORY: LARGE VALUE
★
Morningstar Category: Large-value funds focus on big companies that are less expensive or growing
more slowly than other large-cap stocks. These funds often feature investments in energy, financial,
or manufacturing sectors.
PERFORMANCE RETURNS
This section contrasts TESIX to its
benchmarks.
Monthly data as of 09/30/2011
Cumulative Returns %
YTD
3 MO
Annualized Returns %
1 YR
5 YR
10 YR
SINCE
INCEP.
1 Year
5 Years
3 MO
1 YR
5 YR
10 YR
SINCE
INCEP.
Mutual Shares A
-11.32
-20.79
-9.93
-3.93
+2.93
+5.80
Category Average
-12.57
-17.28
-3.70
-3.11
+2.87
--
-8.68
-13.87
+1.14
-1.18
+2.82
--
RANK WITHIN CATEGORY FOR ANNUAL TOTAL RETURN %
as of 09/30/2011
YTD
2010
2009
2008
2007
2006
TOP 25%
BOTTOM 25%
RETURN % -11.32 11.41
27.84 -38.10
2.97
HI
BELOW AVERAGE
LO
RISK
HI
QUARTERLY AVERAGE ANNUAL TOTAL RETURN
-5%
YTD
LO
Historical Risk
The ratings reflect historical risk-adjusted performance and
the overall Morningstar Rating™ is derived from a weighted
average of the performance figures associated with fund’s
3, 5, and 10 year rating metrics.
as of 09/30/2011
-25%
Rank within Category compares this
fund's total annual return to that of
other funds in the same category,
and its figures are not adjusted for
load, sales charge, or taxes.
AVERAGE
RETURN
5%
-15%
S&P 500 TR
★★
Historical Return
17.98
-9.93%
-3.93%
10 Years
Since Incep.
2.93%
6.22%
Numbers are adjusted for possible sales charges, and
assume reinvestment of dividends & capital gains over
each time period.
EXPENSES
Gross Expense Ratio (before waivers)
Net Expense Ratio (after waivers)
Category Average Expense Ratio
12b-1 Fees
Max Front Load
Max Back Load
Redemption Fee
1.15%
1.15%
1.26%
0.30
5.75
None
None
A net expense ratio lower than the gross expense ratio
may reflect a cap on or contractual waiver of fund
expenses. Please read the fund prospectus for details on
limits or expiration dates for any such waivers.
Data and rankings provided by Morningstar. Morningstar proprietary ratings reflect historical risk-adjusted performance as of 09/30/11. These ratings are subject to change every month. For
each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly
performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. (Each share class is
counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The top 10% of the funds in an investment category
receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The overall Morningstar Rating is a weighted average of the funds’
three-, five-, and 10-year (if applicable) Morningstar rating metrics. To contact Morningstar, Inc. call 1-800-735-0700.
One or more investments in your plan may be subject to a Contingent Redemption Fee. In addition, some mutual fund companies have strict policies on excessive trading and expressly prohibit
transactions deemed detrimental to long-term shareholders of the fund. Investors should consider carefully information contained in the prospectus, including investment objectives, risks, trading
restrictions, charges and expenses. You can request a prospectus by calling Schwab at 1-800-724-7526. You may also request a prospectus at www.SchwabPlan.com. Please read the
prospectus carefully before investing.
©2011 Charles Schwab & Co., Inc.
Page 1 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Mutual Shares Fund Class A
TESIX
TOP TEN HOLDINGS
as of 09/30/2011
Category Average 31.06%
Top 10 holdings are 19.16% of the total porfolio assets.
The category average percent of portfolio in top 10
holdings is 31.06%
SECTOR WEIGHTINGS
as of 06/30/2011
Consumer Staples
Financials
Health Care
Information Technology
Consumer Discretionary
Energy
Materials
Industrials
Utilities
Telecommunication Services
Top 10 Holdings in TESIX
19.16%
PERCENT
OF ASSETS
SYMBOL
COMPANY NAME
SECTOR
BTAFF
CVS
KFT
MRO
WTM
PFE
MSFT
-ITYBF
MRK
British Amer Tobacco
CVS Caremark Corp
Kraft Foods Inc
Marathon Oil Corp
White Mountains Insuranc..
Pfizer Inc
Microsoft Corporation
Nestle SA
Imperial Tobacco Grp
Merck & Co Inc
-Consumer Staples
Consumer Staples
Energy
Financials
Health Care
Information Technology
--Health Care
2.48%
2.29%
1.95%
1.95%
1.93%
1.78%
1.74%
1.70%
1.70%
1.64%
23.32%
18.20%
14.93%
8.98%
7.81%
7.60%
5.75%
4.89%
4.47%
4.06%
ASSET BREAKDOWN
as of 06/30/11
Fund holdings subject to change
REGIONAL EXPOSURE
as of 06/30/2011
-100
Top Region
North America 68.89%
Regional Breakdown
North America
Europe Developed (excluding UK)
United Kingdom
Japan
Africa/Middle East
Australasia
Asia Emerging
68.89%
17.94%
11.60%
.64%
.43%
.37%
.14%
Top 5 Countries
United States
United Kingdom
Germany
Switzerland
France
68.34%
11.53%
5.58%
5.47%
2.90%
-50
Domestic Stock
Foreign Stock
Domestic Bond
Foreign Bond
Preferred
Cash
Other
0
50
100
%Long
%Short
%Net
59.11
27.31
0.32
1.28
0.02
8.04
3.92
0.00
0.00
0.00
0.00
0.00
0.01
0.00
59.11
27.31
0.32
1.28
0.02
8.03
3.92
MARKET CAPITALIZATION
as of 06/30/2011
Giant Cap
Large Cap
Medium Cap
Small Cap
Micro Cap
40.30%
39.68%
15.10%
4.07%
0.85%
This Mutual Fund Report Card is informational in nature and is not a recommendation or solicitation for any person to buy, sell or hold any particular security; nor is it intended to address any
individual's investment objectives, financial situation or personal circumstances. We recommend that investors define their goals, risk tolerance, time horizon and investment objectives in
addition to researching possible investment choices.
Sector weightings for fund portfolios are determined using the Global Industry Classification Standard (GICS). GICS was developed by and is the exclusive property of Morgan Stanley Capital
International Inc. and Standard & Poor's. GICS is a service mark of MSCI and S&P and has been licensed for use by Charles Schwab & Co., Inc.
Government bond fund shares are not guaranteed. Their price and investment return will fluctuate with market conditions and interest rates. Investment income from municipal bond funds may
be subject to certain state and local taxes and the federal alternative minimum tax. Capital gains are not exempt from federal income tax.
International investing involves special risks such as currency fluctuation and political instability. Investing in emerging markets may accentuate these risks. Small cap funds are subject to
greater volatility than those in other asset categories. Due to the limited focus of sector funds, they may experience greater volatility than funds with a broader investment strategy.
Mutual Fund OneSource® funds have no loads and generally have no transaction fees. Funds appearing on the Mutual Fund OneSource® Select List are chosen based on a formula that
combines risk-adjusted return, total return and expenses. They must be available through Schwab without loads and open to new investors. Charles Schwab receives remuneration from fund
companies in the Mutual Fund OneSource® Service for record keeping, shareholder services, and other administrative services. Schwab may also receive remuneration from transaction fee fund
companies for certain administrative services.
Schwab’s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab’s Mutual Fund OneSource® service (and certain other funds with no
transaction fee) and held for 90 days or less. Schwab reserves the right to exempt some funds from this fee, including certain Schwab Funds®, which may charge a separate redemption fee, and
funds that accommodate short-term trading. Trades in no-load mutual funds available through Schwab’s Mutual Fund OneSource® service (including Schwab Funds®) as well as certain other
funds, are available without transaction fees when placed through Schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge
applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds.
Schwab Affiliate Funds include Schwab Funds and Laudus Funds. Schwab Funds and Laudus Funds are advised by Charles Schwab Investment Management, Inc., an affiliate of Charles Schwab
& Co., Inc. Schwab Funds and the Laudus MarketMasters Funds are distributed by Charles Schwab & Co., Inc., and the Laudus Funds (except Laudus MarketMasters Funds) are distributed by
ALPS Distributors, Inc. The aggregate fees Schwab or its affiliates receive from Schwab Affiliate Funds are greater than the remuneration Schwab receives from other fund companies participating
in the Mutual Fund OneSource Service.
Charles Schwab & Co., Inc. Member SIPC (0108)
©2011 Charles Schwab & Co., Inc.
Page 2 of 2
Schwab Mutual Fund Report Card™
as of 8/31/2011
Neuberger Berman Core Bond Fund Investor Class NCRIX
GROWTH OF $10,000
as of 8/31/2011
NO LOAD
NO FEE
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
FUND PROFILE
as of 08/31/11
Fund Manager (since 1995): Andrew Johnson
NCRIX $16,963
BarCap US Agg Bond TR USD $17,424
Category Average $15,958
$18,000
$17,000
$16,000
$15,000
$14,000
Yes
Available at Schwab
02/03/1997
Inception Date
Available to Existing Shareholders
Status
Intermediate-Term Bond
Category
No
Index Fund
Neuberger Berman
Fund Company
340%
Portfolio Turnover
$13,000
MORNINGSTAR RATINGS
$12,000
as of 08/31/11
$11,000
Overall rating
★
CURRENT MANAGER
02
03
$10,000
04
05
06
07
08
09
10
11
★
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment of dividends
and capital gains, and does not reflect sales loads, redemption fees or the effects of taxes on any capital gains
and/or distributions.
★★★★
★★★★★
★★
★★★
★★★★
★★★★★
★
★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
10 year rating
CATEGORY: INTERMEDIATE-TERM BOND
★
PERFORMANCE RETURNS
Monthly data as of 08/31/2011
Cumulative Returns %
YTD
3 MO
Annualized Returns %
1 YR
5 YR
10 YR
SINCE
INCEP.
★★
Historical Return
AVERAGE
RETURN
4%
1 Year
5 Years
YTD
3 MO
1 YR
5 YR
10 YR
SINCE
INCEP.
Neuberger Berman Core Bond Inv
+4.82
+1.44
+5.08
+6.40
+5.43
+5.78
Category Average
+3.57
+0.14
+3.21
+5.68
+5.08
--
BarCap US Agg Bond TR USD
+5.88
+2.77
+4.62
+6.56
+5.71
--
RANK WITHIN CATEGORY FOR ANNUAL TOTAL RETURN %
as of 08/31/2011
YTD
2010
2009
2008
2007
2006
TOP 25%
BOTTOM 25%
RETURN %
4.82
8.83
17.69
-4.47
3.89
LO
HI
AVERAGE
RISK
LO
HI
QUARTERLY AVERAGE ANNUAL TOTAL RETURN
as of 06/30/2011
0%
Historical Risk
The ratings reflect historical risk-adjusted performance and
the overall Morningstar Rating™ is derived from a weighted
average of the performance figures associated with fund’s
3, 5, and 10 year rating metrics.
6%
2%
Rank within Category compares this
fund's total annual return to that of
other funds in the same category,
and its figures are not adjusted for
load, sales charge, or taxes.
★★★
5 year rating
Morningstar Category: Intermediate-term bond funds have average durations that are greater than 3.5 years and less
than six years. Most of the funds rotate among a variety of sectors in the bond market, based upon which appear to
offer better values. Whatever types of bonds they hold, these funds are less sensitive to interest rates, and therefore
less volatile, than funds that have longer durations.
This section contrasts NCRIX to its
benchmarks.
★★
3 year rating
4.64
5.83%
6.62%
10 Years
Since Incep.
5.57%
5.72%
Numbers are adjusted for possible sales charges, and
assume reinvestment of dividends & capital gains over
each time period.
EXPENSES
Gross Expense Ratio (before waivers)
Net Expense Ratio (after waivers)
Category Average Expense Ratio
12b-1 Fees
Max Front Load
Max Back Load
Redemption Fee
1.21%
0.87%
0.95%
0.25
None
None
None
A net expense ratio lower than the gross expense ratio
may reflect a cap on or contractual waiver of fund
expenses. Please read the fund prospectus for details on
limits or expiration dates for any such waivers.
Data and rankings provided by Morningstar. Morningstar proprietary ratings reflect historical risk-adjusted performance as of 08/31/11. These ratings are subject to change every month. For
each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly
performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. (Each share class is
counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The top 10% of the funds in an investment category
receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The overall Morningstar Rating is a weighted average of the funds’
three-, five-, and 10-year (if applicable) Morningstar rating metrics. To contact Morningstar, Inc. call 1-800-735-0700.
One or more investments in your plan may be subject to a Contingent Redemption Fee. In addition, some mutual fund companies have strict policies on excessive trading and expressly prohibit
transactions deemed detrimental to long-term shareholders of the fund. Investors should consider carefully information contained in the prospectus, including investment objectives, risks, trading
restrictions, charges and expenses. You can request a prospectus by calling Schwab at 1-800-724-7526. You may also request a prospectus at www.SchwabPlan.com. Please read the
prospectus carefully before investing.
©2011 Charles Schwab & Co., Inc.
Page 1 of 2
Schwab Mutual Fund Report Card™
as of 8/31/2011
Neuberger Berman Core Bond Fund Investor Class NCRIX
TOP TEN HOLDINGS
as of 08/31/2011
Category Average 40.21%
NO LOAD
NO FEE
CREDIT WEIGHTINGS
Top 10 holdings are 26.52% of the total porfolio assets.
The category average percent of portfolio in top 10
holdings is 40.21%
Top 10 Holdings in NCRIX
26.52%
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
THERE IS NOT ENOUGH DATA
AVAILABLE TO DRAW THIS CHART.
ASSET BREAKDOWN
as of 07/31/11
SYMBOL
COMPANY NAME
SECTOR
-----------
Federal Home Loan Mortg..
US Treasury Note 3.125%
US Treasury Note 2.375%
FNMA
FNMA
2yr Us Treasury Note Futu..
5yr Us Treasury Note Futu..
FNMA
US Treasury Bond 4.5%
FHLMC 5.5%
-----------
PERCENT
OF ASSETS
7.35%
5.82%
5.10%
4.88%
3.49%
-3.34%
-2.91%
2.40%
2.00%
1.73%
-100
-50
Domestic Bond
Foreign Bond
Cash
0
50
100
%Long
%Short
%Net
79.31
3.88
23.47
0.00
6.66
0.00
79.31
-2.77
23.47
Fund holdings subject to change
This Mutual Fund Report Card is informational in nature and is not a recommendation or solicitation for any person to buy, sell or hold any particular security; nor is it intended to address any
individual's investment objectives, financial situation or personal circumstances. We recommend that investors define their goals, risk tolerance, time horizon and investment objectives in
addition to researching possible investment choices.
Sector weightings for fund portfolios are determined using the Global Industry Classification Standard (GICS). GICS was developed by and is the exclusive property of Morgan Stanley Capital
International Inc. and Standard & Poor's. GICS is a service mark of MSCI and S&P and has been licensed for use by Charles Schwab & Co., Inc.
Government bond fund shares are not guaranteed. Their price and investment return will fluctuate with market conditions and interest rates. Investment income from municipal bond funds may
be subject to certain state and local taxes and the federal alternative minimum tax. Capital gains are not exempt from federal income tax.
International investing involves special risks such as currency fluctuation and political instability. Investing in emerging markets may accentuate these risks. Small cap funds are subject to
greater volatility than those in other asset categories. Due to the limited focus of sector funds, they may experience greater volatility than funds with a broader investment strategy.
Mutual Fund OneSource® funds have no loads and generally have no transaction fees. Funds appearing on the Mutual Fund OneSource® Select List are chosen based on a formula that
combines risk-adjusted return, total return and expenses. They must be available through Schwab without loads and open to new investors. Charles Schwab receives remuneration from fund
companies in the Mutual Fund OneSource® Service for record keeping, shareholder services, and other administrative services. Schwab may also receive remuneration from transaction fee fund
companies for certain administrative services.
Schwab’s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab’s Mutual Fund OneSource® service (and certain other funds with no
transaction fee) and held for 90 days or less. Schwab reserves the right to exempt some funds from this fee, including certain Schwab Funds®, which may charge a separate redemption fee, and
funds that accommodate short-term trading. Trades in no-load mutual funds available through Schwab’s Mutual Fund OneSource® service (including Schwab Funds®) as well as certain other
funds, are available without transaction fees when placed through Schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge
applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds.
Schwab Affiliate Funds include Schwab Funds and Laudus Funds. Schwab Funds and Laudus Funds are advised by Charles Schwab Investment Management, Inc., an affiliate of Charles Schwab
& Co., Inc. Schwab Funds and the Laudus MarketMasters Funds are distributed by Charles Schwab & Co., Inc., and the Laudus Funds (except Laudus MarketMasters Funds) are distributed by
ALPS Distributors, Inc. The aggregate fees Schwab or its affiliates receive from Schwab Affiliate Funds are greater than the remuneration Schwab receives from other fund companies participating
in the Mutual Fund OneSource Service.
Charles Schwab & Co., Inc. Member SIPC (0108)
©2011 Charles Schwab & Co., Inc.
Page 2 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Neuberger Berman Focus Fund Trust Class NBFCX
GROWTH OF $10,000
as of 9/30/2011
Fund Manager (since 2008): David Levine
NBFCX $12,049
S&P 500 TR $13,200
NO LOAD
NO FEE
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
FUND PROFILE
as of 09/30/11
$12,000
Yes
Available at Schwab
08/30/1993
Inception Date
Available to Existing Shareholders
Status
Large Blend
Category
No
Index Fund
Neuberger Berman
Fund Company
89%
Portfolio Turnover
$10,000
MORNINGSTAR RATINGS
$8,000
Overall rating
Category Average $12,413
$18,000
$16,000
$14,000
as of 09/30/11
★
02
03
04
05
06
07
08
$6,000
CURRENT MANAGER
09
10
★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
3 year rating
11
★
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment
of dividends and capital gains, and does not reflect sales loads, redemption fees or the effects of
taxes on any capital gains and/or distributions.
★★
5 year rating
★
★★
10 year rating
CATEGORY: LARGE BLEND
★
Morningstar Category: Large-blend funds have portfolios that are fairly representative of the overall
stock market in size, growth rates, and price. They tend to invest across the spectrum of U.S.
industries and owing to their broad exposure, the funds' returns are often similar to those of the S&P
500 Index.
PERFORMANCE RETURNS
This section contrasts NBFCX to its
benchmarks.
Monthly data as of 09/30/2011
Cumulative Returns %
YTD
3 MO
HI
ABOVE AVERAGE
LO
RISK
HI
The ratings reflect historical risk-adjusted performance and
the overall Morningstar Rating™ is derived from a weighted
average of the performance figures associated with fund’s
3, 5, and 10 year rating metrics.
1 YR
5 YR
10 YR
SINCE
INCEP.
QUARTERLY AVERAGE ANNUAL TOTAL RETURN
as of 09/30/2011
1 Year
5 Years
-2.63%
-3.94%
10 Years
Since Incep.
1.88%
6.37%
Numbers are adjusted for possible sales charges, and
assume reinvestment of dividends & capital gains over
each time period.
YTD
3 MO
1 YR
5 YR
10 YR
SINCE
INCEP.
-2.63
-3.94
+1.88
+6.37
Neuberger Berman Focus Tr
-13.49
-17.36
Category Average
-12.36
-16.90
-3.01
-2.00
+2.48
--
-8.68
-13.87
+1.14
-1.18
+2.82
--
RANK WITHIN CATEGORY FOR ANNUAL TOTAL RETURN %
Rank within Category compares this
fund's total annual return to that of
other funds in the same category,
and its figures are not adjusted for
load, sales charge, or taxes.
BELOW AVERAGE
LO
RETURN
Historical Risk
Annualized Returns %
10%
5%
0%
-5%
-10%
-15%
-20%
S&P 500 TR
★★
Historical Return
as of 09/30/2011
YTD
2010
2009
2008
2007
2006
TOP 25%
BOTTOM 25%
RETURN % -13.49 11.84
EXPENSES
Gross Expense Ratio (before waivers)
Net Expense Ratio (after waivers)
Category Average Expense Ratio
12b-1 Fees
Max Front Load
Max Back Load
Redemption Fee
1.19%
1.19%
1.23%
0.10
None
None
None
A net expense ratio lower than the gross expense ratio
may reflect a cap on or contractual waiver of fund
expenses. Please read the fund prospectus for details on
limits or expiration dates for any such waivers.
28.84 -40.80
6.35
12.19
Data and rankings provided by Morningstar. Morningstar proprietary ratings reflect historical risk-adjusted performance as of 09/30/11. These ratings are subject to change every month. For
each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly
performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. (Each share class is
counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The top 10% of the funds in an investment category
receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The overall Morningstar Rating is a weighted average of the funds’
three-, five-, and 10-year (if applicable) Morningstar rating metrics. To contact Morningstar, Inc. call 1-800-735-0700.
One or more investments in your plan may be subject to a Contingent Redemption Fee. In addition, some mutual fund companies have strict policies on excessive trading and expressly prohibit
transactions deemed detrimental to long-term shareholders of the fund. Investors should consider carefully information contained in the prospectus, including investment objectives, risks, trading
restrictions, charges and expenses. You can request a prospectus by calling Schwab at 1-800-724-7526. You may also request a prospectus at www.SchwabPlan.com. Please read the
prospectus carefully before investing.
©2011 Charles Schwab & Co., Inc.
Page 1 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Neuberger Berman Focus Fund Trust Class NBFCX
TOP TEN HOLDINGS
as of 09/30/2011
Category Average 37.85%
Top 10 holdings are 42.24% of the total porfolio assets.
The category average percent of portfolio in top 10
holdings is 37.85%
NO LOAD
NO FEE
SECTOR WEIGHTINGS
as of 07/31/2011
Information Technology
Financials
Consumer Discretionary
Energy
Health Care
Industrials
Consumer Staples
Materials
Utilities
Top 10 Holdings in NBFCX
42.24%
PERCENT
OF ASSETS
SYMBOL
COMPANY NAME
SECTOR
ORCL
HAL
AAPL
HON
TGT
JPM
TAP
CL
DNR
NEE
Oracle Corporation
Halliburton Company
Apple, Inc.
Honeywell International, Inc.
Target Corp
JPMorgan Chase & Co
Molson Coors Brewing Co..
Colgate-Palmolive Company
Denbury Resources Inc
NextEra Energy Inc
Information Technology
Energy
Information Technology
Industrials
Consumer Discretionary
Financials
Consumer Staples
Consumer Staples
Energy
Utilities
5.42%
4.50%
4.48%
4.31%
4.07%
3.95%
3.94%
3.88%
3.86%
3.83%
Top Region
North America 95.04%
17.30%
15.25%
14.02%
13.52%
11.87%
10.74%
10.13%
3.65%
3.53%
ASSET BREAKDOWN
as of 08/31/11
-100
Fund holdings subject to change
REGIONAL EXPOSURE
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
as of 08/31/2011
Regional Breakdown
North America
United Kingdom
Europe Developed (excluding UK)
95.04%
2.83%
2.13%
Top 5 Countries
United States
United Kingdom
Netherlands
Canada
93.82%
2.82%
2.14%
1.22%
-50
Domestic Stock
Foreign Stock
Cash
0
50
100
%Long
%Short
%Net
91.38
6.02
2.60
0.00
0.00
0.00
91.38
6.02
2.60
MARKET CAPITALIZATION
as of 08/31/2011
Giant Cap
Large Cap
Medium Cap
Small Cap
32.13%
43.11%
22.71%
2.05%
This Mutual Fund Report Card is informational in nature and is not a recommendation or solicitation for any person to buy, sell or hold any particular security; nor is it intended to address any
individual's investment objectives, financial situation or personal circumstances. We recommend that investors define their goals, risk tolerance, time horizon and investment objectives in
addition to researching possible investment choices.
Sector weightings for fund portfolios are determined using the Global Industry Classification Standard (GICS). GICS was developed by and is the exclusive property of Morgan Stanley Capital
International Inc. and Standard & Poor's. GICS is a service mark of MSCI and S&P and has been licensed for use by Charles Schwab & Co., Inc.
Government bond fund shares are not guaranteed. Their price and investment return will fluctuate with market conditions and interest rates. Investment income from municipal bond funds may
be subject to certain state and local taxes and the federal alternative minimum tax. Capital gains are not exempt from federal income tax.
International investing involves special risks such as currency fluctuation and political instability. Investing in emerging markets may accentuate these risks. Small cap funds are subject to
greater volatility than those in other asset categories. Due to the limited focus of sector funds, they may experience greater volatility than funds with a broader investment strategy.
Mutual Fund OneSource® funds have no loads and generally have no transaction fees. Funds appearing on the Mutual Fund OneSource® Select List are chosen based on a formula that
combines risk-adjusted return, total return and expenses. They must be available through Schwab without loads and open to new investors. Charles Schwab receives remuneration from fund
companies in the Mutual Fund OneSource® Service for record keeping, shareholder services, and other administrative services. Schwab may also receive remuneration from transaction fee fund
companies for certain administrative services.
Schwab’s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab’s Mutual Fund OneSource® service (and certain other funds with no
transaction fee) and held for 90 days or less. Schwab reserves the right to exempt some funds from this fee, including certain Schwab Funds®, which may charge a separate redemption fee, and
funds that accommodate short-term trading. Trades in no-load mutual funds available through Schwab’s Mutual Fund OneSource® service (including Schwab Funds®) as well as certain other
funds, are available without transaction fees when placed through Schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge
applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds.
Schwab Affiliate Funds include Schwab Funds and Laudus Funds. Schwab Funds and Laudus Funds are advised by Charles Schwab Investment Management, Inc., an affiliate of Charles Schwab
& Co., Inc. Schwab Funds and the Laudus MarketMasters Funds are distributed by Charles Schwab & Co., Inc., and the Laudus Funds (except Laudus MarketMasters Funds) are distributed by
ALPS Distributors, Inc. The aggregate fees Schwab or its affiliates receive from Schwab Affiliate Funds are greater than the remuneration Schwab receives from other fund companies participating
in the Mutual Fund OneSource Service.
Charles Schwab & Co., Inc. Member SIPC (0108)
©2011 Charles Schwab & Co., Inc.
Page 2 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Neuberger Berman Genesis Fund Investor Class NBGNX
GROWTH OF $10,000
as of 9/30/2011
NO LOAD
NO FEE
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
FUND PROFILE
as of 09/30/11
Fund Manager (since 2005): Brett Reiner
NBGNX $25,479
Russell 2000 TR USD $18,116
$20,000
Available at Schwab
Inception Date
Status
Category
Index Fund
Fund Company
Portfolio Turnover
$15,000
MORNINGSTAR RATINGS
$10,000
Overall rating
Category Average $17,717
$35,000
$30,000
$25,000
as of 09/30/11
★
02
03
04
05
CURRENT MANAGER
06
07
$5,000
08
09
10
Yes
09/27/1988
Open
Small Blend
No
Neuberger Berman
16%
★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
3 year rating
11
★
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment
of dividends and capital gains, and does not reflect sales loads, redemption fees or the effects of
taxes on any capital gains and/or distributions.
★★
5 year rating
★
★★
10 year rating
CATEGORY: SMALL BLEND
★
Morningstar Category: Small-blend funds favor firms at the smaller end of the market-capitalization
range, and are flexible in the types of small caps they buy. Some aim to own an array of value and
growth stocks while others employ a discipline that leads to holdings with valuations and growth
rates close to the small-cap averages.
PERFORMANCE RETURNS
This section contrasts NBGNX to
its benchmarks.
HIGH
RETURN
Monthly data as of 09/30/2011
Cumulative Returns %
YTD
3 MO
1 YR
5 YR
10 YR
SINCE
INCEP.
LO
HI
LOW
RISK
LO
HI
The ratings reflect historical risk-adjusted performance and
the overall Morningstar Rating™ is derived from a weighted
average of the performance figures associated with fund’s
3, 5, and 10 year rating metrics.
QUARTERLY AVERAGE ANNUAL TOTAL RETURN
as of 09/30/2011
1 Year
5 Years
10%
0%
5.91%
4.38%
9.80%
10 Years
Since Incep. 11.85%
Numbers are adjusted for possible sales charges, and
assume reinvestment of dividends & capital gains over
each time period.
-10%
-20%
-30%
YTD
3 MO
1 YR
5 YR
10 YR
SINCE
INCEP.
-7.16
-15.06
+5.91
+4.38
Category Average
-17.70
-22.63
-4.74
-1.28
+6.10
--
Russell 2000 TR USD
-17.02
-21.87
-3.53
-1.02
+6.12
--
RANK WITHIN CATEGORY FOR ANNUAL TOTAL RETURN %
Rank within Category compares this
fund's total annual return to that of
other funds in the same category,
and its figures are not adjusted for
load, sales charge, or taxes.
Historical Risk
Annualized Returns %
20%
Neuberger Berman Genesis Inv
★★
Historical Return
+9.80 +11.85
as of 09/30/2011
YTD
2010
2009
2008
2007
2006
TOP 25%
BOTTOM 25%
RETURN % -7.16
EXPENSES
Gross Expense Ratio (before waivers)
Net Expense Ratio (after waivers)
Category Average Expense Ratio
12b-1 Fees
Max Front Load
Max Back Load
Redemption Fee
1.06%
1.06%
1.40%
None
None
None
None
A net expense ratio lower than the gross expense ratio
may reflect a cap on or contractual waiver of fund
expenses. Please read the fund prospectus for details on
limits or expiration dates for any such waivers.
21.42
26.32 -32.88 21.89
7.31
Data and rankings provided by Morningstar. Morningstar proprietary ratings reflect historical risk-adjusted performance as of 09/30/11. These ratings are subject to change every month. For
each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly
performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. (Each share class is
counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The top 10% of the funds in an investment category
receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The overall Morningstar Rating is a weighted average of the funds’
three-, five-, and 10-year (if applicable) Morningstar rating metrics. To contact Morningstar, Inc. call 1-800-735-0700.
One or more investments in your plan may be subject to a Contingent Redemption Fee. In addition, some mutual fund companies have strict policies on excessive trading and expressly prohibit
transactions deemed detrimental to long-term shareholders of the fund. Investors should consider carefully information contained in the prospectus, including investment objectives, risks, trading
restrictions, charges and expenses. You can request a prospectus by calling Schwab at 1-800-724-7526. You may also request a prospectus at www.SchwabPlan.com. Please read the
prospectus carefully before investing.
©2011 Charles Schwab & Co., Inc.
Page 1 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Neuberger Berman Genesis Fund Investor Class NBGNX
TOP TEN HOLDINGS
as of 09/30/2011
Category Average 16.73%
Top 10 holdings are 22.92% of the total porfolio assets.
The category average percent of portfolio in top 10
holdings is 16.73%
NO LOAD
NO FEE
SECTOR WEIGHTINGS
as of 06/30/2011
Industrials
Energy
Health Care
Information Technology
Materials
Financials
Consumer Discretionary
Consumer Staples
Utilities
Top 10 Holdings in NBGNX
22.92%
PERCENT
OF ASSETS
SYMBOL
COMPANY NAME
SECTOR
-ATR
CMP
CHD
CRR
SLH
CXO
CLC
OII
MCRS
State Str Instl Invt Tr Trea..
AptarGroup, Inc.
Compass Minerals Interna..
Church & Dwight Compan..
Carbo Ceramics, Inc.
Solera Holdings, Inc.
Concho Resources, Inc.
Clarcor Inc.
Oceaneering International
Micros Systems, Inc.
-Materials
Materials
Consumer Staples
Energy
Information Technology
Energy
Industrials
Energy
Information Technology
3.08%
2.68%
2.59%
2.49%
2.35%
2.25%
1.93%
1.90%
1.84%
1.81%
Top Region
North America 98.18%
20.09%
16.64%
14.15%
11.95%
10.99%
8.73%
7.21%
7.15%
3.09%
ASSET BREAKDOWN
as of 06/30/11
-100
Fund holdings subject to change
REGIONAL EXPOSURE
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
as of 06/30/2011
Regional Breakdown
North America
Europe Developed (excluding UK)
Latin America
Australasia
Asia Emerging
98.18%
.75%
.48%
.35%
.24%
Top 5 Countries
United States
Canada
Ireland
Colombia
Australia
93.53%
4.66%
.75%
.48%
.35%
-50
Domestic Stock
Foreign Stock
Cash
Other
0
50
100
%Long
%Short
%Net
88.59
6.13
4.52
0.76
0.00
0.00
0.00
0.00
88.59
6.13
4.52
0.76
MARKET CAPITALIZATION
as of 06/30/2011
Large Cap
Medium Cap
Small Cap
Micro Cap
0.89%
58.01%
37.20%
3.91%
This Mutual Fund Report Card is informational in nature and is not a recommendation or solicitation for any person to buy, sell or hold any particular security; nor is it intended to address any
individual's investment objectives, financial situation or personal circumstances. We recommend that investors define their goals, risk tolerance, time horizon and investment objectives in
addition to researching possible investment choices.
Sector weightings for fund portfolios are determined using the Global Industry Classification Standard (GICS). GICS was developed by and is the exclusive property of Morgan Stanley Capital
International Inc. and Standard & Poor's. GICS is a service mark of MSCI and S&P and has been licensed for use by Charles Schwab & Co., Inc.
Government bond fund shares are not guaranteed. Their price and investment return will fluctuate with market conditions and interest rates. Investment income from municipal bond funds may
be subject to certain state and local taxes and the federal alternative minimum tax. Capital gains are not exempt from federal income tax.
International investing involves special risks such as currency fluctuation and political instability. Investing in emerging markets may accentuate these risks. Small cap funds are subject to
greater volatility than those in other asset categories. Due to the limited focus of sector funds, they may experience greater volatility than funds with a broader investment strategy.
Mutual Fund OneSource® funds have no loads and generally have no transaction fees. Funds appearing on the Mutual Fund OneSource® Select List are chosen based on a formula that
combines risk-adjusted return, total return and expenses. They must be available through Schwab without loads and open to new investors. Charles Schwab receives remuneration from fund
companies in the Mutual Fund OneSource® Service for record keeping, shareholder services, and other administrative services. Schwab may also receive remuneration from transaction fee fund
companies for certain administrative services.
Schwab’s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab’s Mutual Fund OneSource® service (and certain other funds with no
transaction fee) and held for 90 days or less. Schwab reserves the right to exempt some funds from this fee, including certain Schwab Funds®, which may charge a separate redemption fee, and
funds that accommodate short-term trading. Trades in no-load mutual funds available through Schwab’s Mutual Fund OneSource® service (including Schwab Funds®) as well as certain other
funds, are available without transaction fees when placed through Schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge
applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds.
Schwab Affiliate Funds include Schwab Funds and Laudus Funds. Schwab Funds and Laudus Funds are advised by Charles Schwab Investment Management, Inc., an affiliate of Charles Schwab
& Co., Inc. Schwab Funds and the Laudus MarketMasters Funds are distributed by Charles Schwab & Co., Inc., and the Laudus Funds (except Laudus MarketMasters Funds) are distributed by
ALPS Distributors, Inc. The aggregate fees Schwab or its affiliates receive from Schwab Affiliate Funds are greater than the remuneration Schwab receives from other fund companies participating
in the Mutual Fund OneSource Service.
Charles Schwab & Co., Inc. Member SIPC (0108)
©2011 Charles Schwab & Co., Inc.
Page 2 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Neuberger Berman Guardian Fund Trust Class NBGTX
GROWTH OF $10,000
as of 9/30/2011
Fund Manager (since 2002): Arthur Moretti
NBGTX $14,208
S&P 500 TR $13,200
NO LOAD
NO FEE
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
FUND PROFILE
as of 09/30/11
$12,000
Yes
Available at Schwab
08/03/1993
Inception Date
Available to Existing Shareholders
Status
Large Blend
Category
No
Index Fund
Neuberger Berman
Fund Company
36%
Portfolio Turnover
$10,000
MORNINGSTAR RATINGS
$8,000
Overall rating
Category Average $12,413
$18,000
$16,000
$14,000
as of 09/30/11
★
02
CURRENT MANAGER
03
04
$6,000
05
06
07
08
09
10
★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
3 year rating
11
★
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment
of dividends and capital gains, and does not reflect sales loads, redemption fees or the effects of
taxes on any capital gains and/or distributions.
★★
5 year rating
★
★★
10 year rating
CATEGORY: LARGE BLEND
★
Morningstar Category: Large-blend funds have portfolios that are fairly representative of the overall
stock market in size, growth rates, and price. They tend to invest across the spectrum of U.S.
industries and owing to their broad exposure, the funds' returns are often similar to those of the S&P
500 Index.
PERFORMANCE RETURNS
This section contrasts NBGTX to
its benchmarks.
Monthly data as of 09/30/2011
Cumulative Returns %
YTD
3 MO
HI
ABOVE AVERAGE
LO
RISK
HI
The ratings reflect historical risk-adjusted performance and
the overall Morningstar Rating™ is derived from a weighted
average of the performance figures associated with fund’s
3, 5, and 10 year rating metrics.
1 YR
5 YR
10 YR
SINCE
INCEP.
QUARTERLY AVERAGE ANNUAL TOTAL RETURN
as of 09/30/2011
1 Year
5 Years
-0.06%
-0.57%
10 Years
Since Incep.
3.57%
5.69%
Numbers are adjusted for possible sales charges, and
assume reinvestment of dividends & capital gains over
each time period.
YTD
3 MO
1 YR
5 YR
10 YR
SINCE
INCEP.
-0.06
-0.57
+3.57
+5.69
Neuberger Berman Guardian Tr
-11.64
-16.94
Category Average
-12.36
-16.90
-3.01
-2.00
+2.48
--
-8.68
-13.87
+1.14
-1.18
+2.82
--
RANK WITHIN CATEGORY FOR ANNUAL TOTAL RETURN %
Rank within Category compares this
fund's total annual return to that of
other funds in the same category,
and its figures are not adjusted for
load, sales charge, or taxes.
ABOVE AVERAGE
LO
RETURN
Historical Risk
Annualized Returns %
10%
5%
0%
-5%
-10%
-15%
-20%
S&P 500 TR
★★
Historical Return
as of 09/30/2011
YTD
2010
2009
2008
2007
2006
TOP 25%
BOTTOM 25%
RETURN % -11.64 19.37
EXPENSES
Gross Expense Ratio (before waivers)
Net Expense Ratio (after waivers)
Category Average Expense Ratio
12b-1 Fees
Max Front Load
Max Back Load
Redemption Fee
1.12%
1.12%
1.23%
0.10
None
None
None
A net expense ratio lower than the gross expense ratio
may reflect a cap on or contractual waiver of fund
expenses. Please read the fund prospectus for details on
limits or expiration dates for any such waivers.
29.81 -38.27
7.38
13.32
Data and rankings provided by Morningstar. Morningstar proprietary ratings reflect historical risk-adjusted performance as of 09/30/11. These ratings are subject to change every month. For
each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly
performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. (Each share class is
counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The top 10% of the funds in an investment category
receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The overall Morningstar Rating is a weighted average of the funds’
three-, five-, and 10-year (if applicable) Morningstar rating metrics. To contact Morningstar, Inc. call 1-800-735-0700.
One or more investments in your plan may be subject to a Contingent Redemption Fee. In addition, some mutual fund companies have strict policies on excessive trading and expressly prohibit
transactions deemed detrimental to long-term shareholders of the fund. Investors should consider carefully information contained in the prospectus, including investment objectives, risks, trading
restrictions, charges and expenses. You can request a prospectus by calling Schwab at 1-800-724-7526. You may also request a prospectus at www.SchwabPlan.com. Please read the
prospectus carefully before investing.
©2011 Charles Schwab & Co., Inc.
Page 1 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Neuberger Berman Guardian Fund Trust Class NBGTX
TOP TEN HOLDINGS
as of 09/30/2011
Category Average 33.86%
Top 10 holdings are 40.14% of the total porfolio assets.
The category average percent of portfolio in top 10
holdings is 33.86%
NO LOAD
NO FEE
SECTOR WEIGHTINGS
as of 07/31/2011
Information Technology
Energy
Health Care
Industrials
Financials
Consumer Staples
Consumer Discretionary
Materials
Top 10 Holdings in NBGTX
40.14%
PERCENT
OF ASSETS
SYMBOL
COMPANY NAME
SECTOR
-DHR
BCR
GOOG
NFX
TGT
PG
PGR
SLB
TXN
BG Group PLC
Danaher Corporation
C.R. Bard, Inc.
Google, Inc.
Newfield Exploration Com..
Target Corp
The Procter & Gamble Co
Progressive Corporation
Schlumberger NV
Texas Instruments, Inc.
-Industrials
Health Care
Information Technology
Energy
Consumer Discretionary
Consumer Staples
Financials
Energy
Information Technology
4.50%
4.31%
4.04%
4.02%
4.02%
3.99%
3.94%
3.82%
3.81%
3.69%
Top Region
North America 92.36%
21.93%
16.00%
14.27%
13.70%
12.35%
10.87%
8.75%
2.13%
ASSET BREAKDOWN
as of 08/31/11
-100
-50
Domestic Stock
Foreign Stock
Cash
Fund holdings subject to change
REGIONAL EXPOSURE
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
0
50
100
%Long
%Short
%Net
90.03
8.88
1.09
0.00
0.00
0.00
90.03
8.88
1.09
as of 08/31/2011
MARKET CAPITALIZATION
Regional Breakdown
North America
United Kingdom
Europe Developed (excluding UK)
92.36%
4.55%
3.09%
Top 5 Countries
United States
United Kingdom
Switzerland
Canada
91.03%
4.55%
3.08%
1.33%
as of 08/31/2011
Giant Cap
Large Cap
Medium Cap
Small Cap
28.65%
49.18%
19.41%
2.75%
This Mutual Fund Report Card is informational in nature and is not a recommendation or solicitation for any person to buy, sell or hold any particular security; nor is it intended to address any
individual's investment objectives, financial situation or personal circumstances. We recommend that investors define their goals, risk tolerance, time horizon and investment objectives in
addition to researching possible investment choices.
Sector weightings for fund portfolios are determined using the Global Industry Classification Standard (GICS). GICS was developed by and is the exclusive property of Morgan Stanley Capital
International Inc. and Standard & Poor's. GICS is a service mark of MSCI and S&P and has been licensed for use by Charles Schwab & Co., Inc.
Government bond fund shares are not guaranteed. Their price and investment return will fluctuate with market conditions and interest rates. Investment income from municipal bond funds may
be subject to certain state and local taxes and the federal alternative minimum tax. Capital gains are not exempt from federal income tax.
International investing involves special risks such as currency fluctuation and political instability. Investing in emerging markets may accentuate these risks. Small cap funds are subject to
greater volatility than those in other asset categories. Due to the limited focus of sector funds, they may experience greater volatility than funds with a broader investment strategy.
Mutual Fund OneSource® funds have no loads and generally have no transaction fees. Funds appearing on the Mutual Fund OneSource® Select List are chosen based on a formula that
combines risk-adjusted return, total return and expenses. They must be available through Schwab without loads and open to new investors. Charles Schwab receives remuneration from fund
companies in the Mutual Fund OneSource® Service for record keeping, shareholder services, and other administrative services. Schwab may also receive remuneration from transaction fee fund
companies for certain administrative services.
Schwab’s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab’s Mutual Fund OneSource® service (and certain other funds with no
transaction fee) and held for 90 days or less. Schwab reserves the right to exempt some funds from this fee, including certain Schwab Funds®, which may charge a separate redemption fee, and
funds that accommodate short-term trading. Trades in no-load mutual funds available through Schwab’s Mutual Fund OneSource® service (including Schwab Funds®) as well as certain other
funds, are available without transaction fees when placed through Schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge
applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds.
Schwab Affiliate Funds include Schwab Funds and Laudus Funds. Schwab Funds and Laudus Funds are advised by Charles Schwab Investment Management, Inc., an affiliate of Charles Schwab
& Co., Inc. Schwab Funds and the Laudus MarketMasters Funds are distributed by Charles Schwab & Co., Inc., and the Laudus Funds (except Laudus MarketMasters Funds) are distributed by
ALPS Distributors, Inc. The aggregate fees Schwab or its affiliates receive from Schwab Affiliate Funds are greater than the remuneration Schwab receives from other fund companies participating
in the Mutual Fund OneSource Service.
Charles Schwab & Co., Inc. Member SIPC (0108)
©2011 Charles Schwab & Co., Inc.
Page 2 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Neuberger Berman High Income Bond Fund Investor Class NHINX
GROWTH OF $10,000
as of 9/30/2011
NO LOAD
NO FEE
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
FUND PROFILE
as of 09/30/11
Fund Manager (since 2005): Ann Benjamin
NHINX $20,377
BarCap US Credit TR USD $18,355
$15,000
Yes
Available at Schwab
01/31/1992
Inception Date
Available to Existing Shareholders
Status
High Yield Bond
Category
No
Index Fund
Neuberger Berman
Fund Company
144%
Portfolio Turnover
$12,500
MORNINGSTAR RATINGS
$10,000
Overall rating
Category Average $19,154
$22,500
$20,000
$17,500
as of 09/30/11
★
02
03
04
05
$7,500
CURRENT MANAGER
06
07
08
09
10
11
★
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment of dividends
and capital gains, and does not reflect sales loads, redemption fees or the effects of taxes on any capital gains
and/or distributions.
★
★
PERFORMANCE RETURNS
Monthly data as of 09/30/2011
Cumulative Returns %
YTD
3 MO
Annualized Returns %
1 YR
5 YR
10 YR
SINCE
INCEP.
★★★★★
★★
★★★
★★★★
★★★★★
★★
★★★
★★★★
★★★★★
★★
★★★
★★★★
★★★★★
Historical Return
Historical Risk
ABOVE AVERAGE
LO
RETURN
HI
AVERAGE
RISK
LO
HI
The ratings reflect historical risk-adjusted performance and
the overall Morningstar Rating™ is derived from a weighted
average of the performance figures associated with fund’s
3, 5, and 10 year rating metrics.
QUARTERLY AVERAGE ANNUAL TOTAL RETURN
10%
as of 09/30/2011
5%
1 Year
5 Years
0%
-5%
-10%
YTD
3 MO
1 YR
5 YR
10 YR
SINCE
INCEP.
Neuberger Berman High Inc Bond Inv
-3.05
-6.85
+0.04
+7.54
+7.38
+7.73
Category Average
-3.88
-7.87
-0.51
+4.55
+6.83
--
+6.54
+3.03
+4.56
+6.72
+6.26
--
RANK WITHIN CATEGORY FOR ANNUAL TOTAL RETURN %
Rank within Category compares this
fund's total annual return to that of
other funds in the same category,
and its figures are not adjusted for
load, sales charge, or taxes.
★★★★
10 year rating
CATEGORY: HIGH YIELD BOND
BarCap US Credit TR USD
★★★
5 year rating
Morningstar Category: High-yield bond funds concentrate on lower-quality bonds. Because such bonds are riskier than
those of higher-quality companies, they offer higher coupons to attract investors. Therefore, these funds generally
offer higher yields than other types of funds--but they are also more vulnerable to economic and credit risk. While
defaults have been rare lately, these funds can suffer losses from recessions and bankruptcies.
This section contrasts NHINX to its
benchmarks.
★★
3 year rating
as of 09/30/2011
YTD
2010
2009
2008
2007
2006
TOP 25%
BOTTOM 25%
RETURN % -3.05
14.63
51.58 -19.09
1.61
8.00
0.04%
7.54%
10 Years
Since Incep.
7.38%
7.73%
Numbers are adjusted for possible sales charges, and
assume reinvestment of dividends & capital gains over
each time period.
EXPENSES
Gross Expense Ratio (before waivers)
Net Expense Ratio (after waivers)
Category Average Expense Ratio
12b-1 Fees
Max Front Load
Max Back Load
Redemption Fee
0.96%
0.96%
1.19%
None
None
None
None
A net expense ratio lower than the gross expense ratio
may reflect a cap on or contractual waiver of fund
expenses. Please read the fund prospectus for details on
limits or expiration dates for any such waivers.
Data and rankings provided by Morningstar. Morningstar proprietary ratings reflect historical risk-adjusted performance as of 09/30/11. These ratings are subject to change every month. For
each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly
performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. (Each share class is
counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The top 10% of the funds in an investment category
receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The overall Morningstar Rating is a weighted average of the funds’
three-, five-, and 10-year (if applicable) Morningstar rating metrics. To contact Morningstar, Inc. call 1-800-735-0700.
One or more investments in your plan may be subject to a Contingent Redemption Fee. In addition, some mutual fund companies have strict policies on excessive trading and expressly prohibit
transactions deemed detrimental to long-term shareholders of the fund. Investors should consider carefully information contained in the prospectus, including investment objectives, risks, trading
restrictions, charges and expenses. You can request a prospectus by calling Schwab at 1-800-724-7526. You may also request a prospectus at www.SchwabPlan.com. Please read the
prospectus carefully before investing.
©2011 Charles Schwab & Co., Inc.
Page 1 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Neuberger Berman High Income Bond Fund Investor Class NHINX
TOP TEN HOLDINGS
as of 09/30/2011
Category Average 61.47%
NO LOAD
NO FEE
CREDIT WEIGHTINGS
Top 10 holdings are 14.37% of the total porfolio assets.
The category average percent of portfolio in top 10
holdings is 61.47%
Top 10 Holdings in NHINX
14.37%
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
THERE IS NOT ENOUGH DATA
AVAILABLE TO DRAW THIS CHART.
ASSET BREAKDOWN
as of 08/31/11
SYMBOL
COMPANY NAME
SECTOR
-----------
Ford Motor Credit Co 8.12..
Fmg Resources August 20..
Intelsat Bermuda 11.5%
Ally Finl 8%
Cit Grp 7%
Intl Lease Fin 8.625%
Atp Oil & Gas 11.875%
Sprint Nextel 6%
Clear Channel Comms 10...
Icahn Enterprises Lp/Corp..
-----------
PERCENT
OF ASSETS
2.29%
1.53%
1.49%
1.39%
1.35%
1.32%
1.29%
1.28%
1.25%
1.18%
-100
-50
Domestic Bond
Foreign Bond
Cash
0
50
100
%Long
%Short
%Net
91.42
7.49
1.08
0.00
0.00
0.00
91.42
7.49
1.08
Fund holdings subject to change
This Mutual Fund Report Card is informational in nature and is not a recommendation or solicitation for any person to buy, sell or hold any particular security; nor is it intended to address any
individual's investment objectives, financial situation or personal circumstances. We recommend that investors define their goals, risk tolerance, time horizon and investment objectives in
addition to researching possible investment choices.
Sector weightings for fund portfolios are determined using the Global Industry Classification Standard (GICS). GICS was developed by and is the exclusive property of Morgan Stanley Capital
International Inc. and Standard & Poor's. GICS is a service mark of MSCI and S&P and has been licensed for use by Charles Schwab & Co., Inc.
Government bond fund shares are not guaranteed. Their price and investment return will fluctuate with market conditions and interest rates. Investment income from municipal bond funds may
be subject to certain state and local taxes and the federal alternative minimum tax. Capital gains are not exempt from federal income tax.
International investing involves special risks such as currency fluctuation and political instability. Investing in emerging markets may accentuate these risks. Small cap funds are subject to
greater volatility than those in other asset categories. Due to the limited focus of sector funds, they may experience greater volatility than funds with a broader investment strategy.
Mutual Fund OneSource® funds have no loads and generally have no transaction fees. Funds appearing on the Mutual Fund OneSource® Select List are chosen based on a formula that
combines risk-adjusted return, total return and expenses. They must be available through Schwab without loads and open to new investors. Charles Schwab receives remuneration from fund
companies in the Mutual Fund OneSource® Service for record keeping, shareholder services, and other administrative services. Schwab may also receive remuneration from transaction fee fund
companies for certain administrative services.
Schwab’s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab’s Mutual Fund OneSource® service (and certain other funds with no
transaction fee) and held for 90 days or less. Schwab reserves the right to exempt some funds from this fee, including certain Schwab Funds®, which may charge a separate redemption fee, and
funds that accommodate short-term trading. Trades in no-load mutual funds available through Schwab’s Mutual Fund OneSource® service (including Schwab Funds®) as well as certain other
funds, are available without transaction fees when placed through Schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge
applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds.
Schwab Affiliate Funds include Schwab Funds and Laudus Funds. Schwab Funds and Laudus Funds are advised by Charles Schwab Investment Management, Inc., an affiliate of Charles Schwab
& Co., Inc. Schwab Funds and the Laudus MarketMasters Funds are distributed by Charles Schwab & Co., Inc., and the Laudus Funds (except Laudus MarketMasters Funds) are distributed by
ALPS Distributors, Inc. The aggregate fees Schwab or its affiliates receive from Schwab Affiliate Funds are greater than the remuneration Schwab receives from other fund companies participating
in the Mutual Fund OneSource Service.
Charles Schwab & Co., Inc. Member SIPC (0108)
©2011 Charles Schwab & Co., Inc.
Page 2 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Neuberger Berman International Fund Trust Class NBITX
GROWTH OF $10,000
as of 9/30/2011
NO LOAD
NO FEE
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
FUND PROFILE
as of 09/30/11
Fund Manager (since 2003): Benjamin Segal
NBITX $20,597
MSCI EAFE NR USD $16,334
$20,000
Yes
Available at Schwab
06/29/1998
Inception Date
Available to Existing Shareholders
Status
Foreign Large Blend
Category
No
Index Fund
Neuberger Berman
Fund Company
61%
Portfolio Turnover
$15,000
MORNINGSTAR RATINGS
$10,000
Overall rating
Category Average $15,147
$35,000
$30,000
$25,000
as of 09/30/11
★
02
03
CURRENT MANAGER
04
05
$5,000
06
07
08
09
10
★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
3 year rating
11
★
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment
of dividends and capital gains, and does not reflect sales loads, redemption fees or the effects of
taxes on any capital gains and/or distributions.
★★
5 year rating
★
★★
10 year rating
CATEGORY: FOREIGN LARGE BLEND
★
Morningstar Category: Foreign large-blend funds invest in a variety of big international stocks. Most of
these funds divide their assets among a dozen or more developed markets, including Japan, Britain,
France, and Germany. They tend to invest the rest in emerging markets such as Hong Kong, Brazil,
Mexico and Thailand. These funds typically will have less than 20% of assets invested in U.S. stocks.
PERFORMANCE RETURNS
This section contrasts NBITX to its
benchmarks.
Monthly data as of 09/30/2011
Cumulative Returns %
YTD
3 MO
ABOVE AVERAGE
LO
RETURN
Historical Risk
HI
AVERAGE
RISK
LO
HI
The ratings reflect historical risk-adjusted performance and
the overall Morningstar Rating™ is derived from a weighted
average of the performance figures associated with fund’s
3, 5, and 10 year rating metrics.
Annualized Returns %
1 YR
5 YR
10 YR
SINCE
INCEP.
QUARTERLY AVERAGE ANNUAL TOTAL RETURN
as of 09/30/2011
1 Year
5 Years
5%
-5%
-6.51%
-2.91%
10 Years
Since Incep.
7.49%
4.40%
Numbers are adjusted for possible sales charges, and
assume reinvestment of dividends & capital gains over
each time period.
-15%
-25%
YTD
3 MO
1 YR
5 YR
10 YR
SINCE
INCEP.
Neuberger Berman International Tr
-13.80
-19.16
-6.51
-2.91
+7.49
+4.40
Category Average
-18.64
-21.91
-12.78
-3.83
+4.33
--
MSCI EAFE NR USD
-14.98
-19.01
-9.36
-3.46
+5.03
--
RANK WITHIN CATEGORY FOR ANNUAL TOTAL RETURN %
Rank within Category compares this
fund's total annual return to that of
other funds in the same category,
and its figures are not adjusted for
load, sales charge, or taxes.
★★
Historical Return
as of 09/30/2011
YTD
2010
2009
2008
2007
2006
TOP 25%
BOTTOM 25%
RETURN % -13.80 17.64
EXPENSES
Gross Expense Ratio (before waivers)
Net Expense Ratio (after waivers)
Category Average Expense Ratio
12b-1 Fees
Max Front Load
Max Back Load
Redemption Fee
1.53%
1.53%
1.42%
None
None
None
2.00
A net expense ratio lower than the gross expense ratio
may reflect a cap on or contractual waiver of fund
expenses. Please read the fund prospectus for details on
limits or expiration dates for any such waivers.
35.57 -45.79
2.93
25.08
Data and rankings provided by Morningstar. Morningstar proprietary ratings reflect historical risk-adjusted performance as of 09/30/11. These ratings are subject to change every month. For
each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly
performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. (Each share class is
counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The top 10% of the funds in an investment category
receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The overall Morningstar Rating is a weighted average of the funds’
three-, five-, and 10-year (if applicable) Morningstar rating metrics. To contact Morningstar, Inc. call 1-800-735-0700.
One or more investments in your plan may be subject to a Contingent Redemption Fee. In addition, some mutual fund companies have strict policies on excessive trading and expressly prohibit
transactions deemed detrimental to long-term shareholders of the fund. Investors should consider carefully information contained in the prospectus, including investment objectives, risks, trading
restrictions, charges and expenses. You can request a prospectus by calling Schwab at 1-800-724-7526. You may also request a prospectus at www.SchwabPlan.com. Please read the
prospectus carefully before investing.
©2011 Charles Schwab & Co., Inc.
Page 1 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Neuberger Berman International Fund Trust Class NBITX
TOP TEN HOLDINGS
as of 09/30/2011
Category Average 16.28%
Top 10 holdings are 17.85% of the total porfolio assets.
The category average percent of portfolio in top 10
holdings is 16.28%
NO LOAD
NO FEE
SECTOR WEIGHTINGS
as of 07/31/2011
Financials
Materials
Industrials
Consumer Discretionary
Health Care
Consumer Staples
Telecommunication Services
Energy
Information Technology
Top 10 Holdings in NBITX
17.85%
SYMBOL
COMPANY NAME
SECTOR
-----------
Vodafone Group PLC
Hyundai Mobis
Nihon Kohden Corporation
Jupiter Telecommunicatio..
Sodexo
Sulzer AG
Chemring Group PLC
Sgs Switzerland Sa
Unilever NV
Roche Holding AG
-----------
PERCENT
OF ASSETS
2.15%
2.02%
1.97%
1.92%
1.87%
1.83%
1.62%
1.51%
1.49%
1.47%
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
16.34%
14.85%
13.46%
12.51%
10.07%
9.50%
8.04%
7.95%
7.28%
ASSET BREAKDOWN
as of 08/31/11
-100
-50
Foreign Stock
Cash
0
50
100
%Long
%Short
%Net
97.12
2.87
0.00
0.00
97.12
2.87
Fund holdings subject to change
REGIONAL EXPOSURE
as of 08/31/2011
MARKET CAPITALIZATION
as of 08/31/2011
Top Region
Europe Developed 45.02%
Regional Breakdown
Europe Developed (excluding UK)
United Kingdom
North America
Japan
Asia Developed (excluding Japan)
Asia Emerging
Latin America
Australasia
Africa/Middle East
Europe Emerging
45.02%
19.49%
11.22%
10.09%
3.91%
3.52%
2.60%
2.37%
1.24%
.53%
Top 5 Countries
United Kingdom
Switzerland
Canada
Japan
France
19.49%
11.56%
11.22%
10.09%
8.18%
Giant Cap
Large Cap
Medium Cap
Small Cap
Micro Cap
28.43%
28.22%
33.49%
8.13%
1.73%
This Mutual Fund Report Card is informational in nature and is not a recommendation or solicitation for any person to buy, sell or hold any particular security; nor is it intended to address any
individual's investment objectives, financial situation or personal circumstances. We recommend that investors define their goals, risk tolerance, time horizon and investment objectives in
addition to researching possible investment choices.
Sector weightings for fund portfolios are determined using the Global Industry Classification Standard (GICS). GICS was developed by and is the exclusive property of Morgan Stanley Capital
International Inc. and Standard & Poor's. GICS is a service mark of MSCI and S&P and has been licensed for use by Charles Schwab & Co., Inc.
Government bond fund shares are not guaranteed. Their price and investment return will fluctuate with market conditions and interest rates. Investment income from municipal bond funds may
be subject to certain state and local taxes and the federal alternative minimum tax. Capital gains are not exempt from federal income tax.
International investing involves special risks such as currency fluctuation and political instability. Investing in emerging markets may accentuate these risks. Small cap funds are subject to
greater volatility than those in other asset categories. Due to the limited focus of sector funds, they may experience greater volatility than funds with a broader investment strategy.
Mutual Fund OneSource® funds have no loads and generally have no transaction fees. Funds appearing on the Mutual Fund OneSource® Select List are chosen based on a formula that
combines risk-adjusted return, total return and expenses. They must be available through Schwab without loads and open to new investors. Charles Schwab receives remuneration from fund
companies in the Mutual Fund OneSource® Service for record keeping, shareholder services, and other administrative services. Schwab may also receive remuneration from transaction fee fund
companies for certain administrative services.
Schwab’s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab’s Mutual Fund OneSource® service (and certain other funds with no
transaction fee) and held for 90 days or less. Schwab reserves the right to exempt some funds from this fee, including certain Schwab Funds®, which may charge a separate redemption fee, and
funds that accommodate short-term trading. Trades in no-load mutual funds available through Schwab’s Mutual Fund OneSource® service (including Schwab Funds®) as well as certain other
funds, are available without transaction fees when placed through Schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge
applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds.
Schwab Affiliate Funds include Schwab Funds and Laudus Funds. Schwab Funds and Laudus Funds are advised by Charles Schwab Investment Management, Inc., an affiliate of Charles Schwab
& Co., Inc. Schwab Funds and the Laudus MarketMasters Funds are distributed by Charles Schwab & Co., Inc., and the Laudus Funds (except Laudus MarketMasters Funds) are distributed by
ALPS Distributors, Inc. The aggregate fees Schwab or its affiliates receive from Schwab Affiliate Funds are greater than the remuneration Schwab receives from other fund companies participating
in the Mutual Fund OneSource Service.
Charles Schwab & Co., Inc. Member SIPC (0108)
©2011 Charles Schwab & Co., Inc.
Page 2 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Neuberger Berman Partners Fund Trust Class NBPTX
GROWTH OF $10,000
as of 9/30/2011
Fund Manager (since 1998): S. Mullick
NBPTX $14,159
S&P 500 TR $13,200
NO LOAD
NO FEE
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
FUND PROFILE
as of 09/30/11
$15,000
Yes
Available at Schwab
08/30/1993
Inception Date
Available to Existing Shareholders
Status
Large Blend
Category
No
Index Fund
Neuberger Berman
Fund Company
42%
Portfolio Turnover
$12,500
MORNINGSTAR RATINGS
$10,000
Overall rating
Category Average $12,413
$22,500
$20,000
$17,500
as of 09/30/11
★
CURRENT MANAGER
02
03
$7,500
04
05
06
07
08
09
10
★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
3 year rating
11
★
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment
of dividends and capital gains, and does not reflect sales loads, redemption fees or the effects of
taxes on any capital gains and/or distributions.
★★
5 year rating
★
★★
10 year rating
CATEGORY: LARGE BLEND
★
Morningstar Category: Large-blend funds have portfolios that are fairly representative of the overall
stock market in size, growth rates, and price. They tend to invest across the spectrum of U.S.
industries and owing to their broad exposure, the funds' returns are often similar to those of the S&P
500 Index.
PERFORMANCE RETURNS
This section contrasts NBPTX to its
benchmarks.
Monthly data as of 09/30/2011
Cumulative Returns %
YTD
3 MO
1 YR
5 YR
10 YR
SINCE
INCEP.
LO
HI
HIGH
RISK
LO
HI
The ratings reflect historical risk-adjusted performance and
the overall Morningstar Rating™ is derived from a weighted
average of the performance figures associated with fund’s
3, 5, and 10 year rating metrics.
QUARTERLY AVERAGE ANNUAL TOTAL RETURN
as of 09/30/2011
1 Year
5 Years
-5%
-9.86%
-3.41%
10 Years
Since Incep.
3.54%
6.26%
Numbers are adjusted for possible sales charges, and
assume reinvestment of dividends & capital gains over
each time period.
-15%
-25%
YTD
3 MO
1 YR
5 YR
10 YR
SINCE
INCEP.
-9.86
-3.41
+3.54
+6.26
Neuberger Berman Partners Tr
-20.13
-23.22
Category Average
-12.36
-16.90
-3.01
-2.00
+2.48
--
-8.68
-13.87
+1.14
-1.18
+2.82
--
RANK WITHIN CATEGORY FOR ANNUAL TOTAL RETURN %
Rank within Category compares this
fund's total annual return to that of
other funds in the same category,
and its figures are not adjusted for
load, sales charge, or taxes.
AVERAGE
RETURN
Historical Risk
Annualized Returns %
5%
S&P 500 TR
★★
Historical Return
as of 09/30/2011
YTD
2010
2009
2008
2007
2006
TOP 25%
BOTTOM 25%
RETURN % -20.13 15.20
EXPENSES
Gross Expense Ratio (before waivers)
Net Expense Ratio (after waivers)
Category Average Expense Ratio
12b-1 Fees
Max Front Load
Max Back Load
Redemption Fee
1.03%
1.03%
1.23%
0.10
None
None
None
A net expense ratio lower than the gross expense ratio
may reflect a cap on or contractual waiver of fund
expenses. Please read the fund prospectus for details on
limits or expiration dates for any such waivers.
55.85 -52.06
9.84
13.04
Data and rankings provided by Morningstar. Morningstar proprietary ratings reflect historical risk-adjusted performance as of 09/30/11. These ratings are subject to change every month. For
each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly
performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. (Each share class is
counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The top 10% of the funds in an investment category
receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The overall Morningstar Rating is a weighted average of the funds’
three-, five-, and 10-year (if applicable) Morningstar rating metrics. To contact Morningstar, Inc. call 1-800-735-0700.
One or more investments in your plan may be subject to a Contingent Redemption Fee. In addition, some mutual fund companies have strict policies on excessive trading and expressly prohibit
transactions deemed detrimental to long-term shareholders of the fund. Investors should consider carefully information contained in the prospectus, including investment objectives, risks, trading
restrictions, charges and expenses. You can request a prospectus by calling Schwab at 1-800-724-7526. You may also request a prospectus at www.SchwabPlan.com. Please read the
prospectus carefully before investing.
©2011 Charles Schwab & Co., Inc.
Page 1 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Neuberger Berman Partners Fund Trust Class NBPTX
TOP TEN HOLDINGS
as of 09/30/2011
Category Average 33.86%
Top 10 holdings are 22.05% of the total porfolio assets.
The category average percent of portfolio in top 10
holdings is 33.86%
NO LOAD
NO FEE
SECTOR WEIGHTINGS
as of 07/31/2011
Financials
Energy
Health Care
Industrials
Consumer Discretionary
Information Technology
Consumer Staples
Materials
Utilities
Telecommunication Services
Top 10 Holdings in NBPTX
22.05%
PERCENT
OF ASSETS
SYMBOL
COMPANY NAME
SECTOR
SHPGY
WFC
MCO
JPM
BRK/B
BA
COV
BAC
NOV
--
Shire PLC ADR
Wells Fargo & Co
Moody's Corporation
JPMorgan Chase & Co
Berkshire Hathaway Inc B
The Boeing Co
Covidien, Ltd.
Bank of America Corporation
National Oilwell Varco, Inc.
Cenovus Energy, Inc.
Health Care
Financials
Financials
Financials
-Industrials
Health Care
Financials
Energy
--
2.73%
2.56%
2.47%
2.42%
2.41%
2.26%
1.87%
1.78%
1.78%
1.77%
Top Region
North America 88.49%
23.16%
17.26%
13.30%
12.27%
11.16%
8.59%
4.77%
3.92%
3.01%
2.57%
ASSET BREAKDOWN
as of 08/31/11
-100
Fund holdings subject to change
REGIONAL EXPOSURE
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
as of 08/31/2011
Regional Breakdown
North America
Europe Developed (excluding UK)
United Kingdom
Africa/Middle East
88.49%
6.17%
4.53%
.81%
Top 5 Countries
United States
United Kingdom
Canada
Switzerland
Netherlands
83.99%
4.53%
4.48%
2.55%
1.91%
-50
Domestic Stock
Foreign Stock
Cash
0
50
100
%Long
%Short
%Net
81.69
15.56
2.74
0.00
0.00
0.00
81.69
15.56
2.74
MARKET CAPITALIZATION
as of 08/31/2011
Giant Cap
Large Cap
Medium Cap
Small Cap
35.61%
37.88%
24.29%
2.23%
This Mutual Fund Report Card is informational in nature and is not a recommendation or solicitation for any person to buy, sell or hold any particular security; nor is it intended to address any
individual's investment objectives, financial situation or personal circumstances. We recommend that investors define their goals, risk tolerance, time horizon and investment objectives in
addition to researching possible investment choices.
Sector weightings for fund portfolios are determined using the Global Industry Classification Standard (GICS). GICS was developed by and is the exclusive property of Morgan Stanley Capital
International Inc. and Standard & Poor's. GICS is a service mark of MSCI and S&P and has been licensed for use by Charles Schwab & Co., Inc.
Government bond fund shares are not guaranteed. Their price and investment return will fluctuate with market conditions and interest rates. Investment income from municipal bond funds may
be subject to certain state and local taxes and the federal alternative minimum tax. Capital gains are not exempt from federal income tax.
International investing involves special risks such as currency fluctuation and political instability. Investing in emerging markets may accentuate these risks. Small cap funds are subject to
greater volatility than those in other asset categories. Due to the limited focus of sector funds, they may experience greater volatility than funds with a broader investment strategy.
Mutual Fund OneSource® funds have no loads and generally have no transaction fees. Funds appearing on the Mutual Fund OneSource® Select List are chosen based on a formula that
combines risk-adjusted return, total return and expenses. They must be available through Schwab without loads and open to new investors. Charles Schwab receives remuneration from fund
companies in the Mutual Fund OneSource® Service for record keeping, shareholder services, and other administrative services. Schwab may also receive remuneration from transaction fee fund
companies for certain administrative services.
Schwab’s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab’s Mutual Fund OneSource® service (and certain other funds with no
transaction fee) and held for 90 days or less. Schwab reserves the right to exempt some funds from this fee, including certain Schwab Funds®, which may charge a separate redemption fee, and
funds that accommodate short-term trading. Trades in no-load mutual funds available through Schwab’s Mutual Fund OneSource® service (including Schwab Funds®) as well as certain other
funds, are available without transaction fees when placed through Schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge
applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds.
Schwab Affiliate Funds include Schwab Funds and Laudus Funds. Schwab Funds and Laudus Funds are advised by Charles Schwab Investment Management, Inc., an affiliate of Charles Schwab
& Co., Inc. Schwab Funds and the Laudus MarketMasters Funds are distributed by Charles Schwab & Co., Inc., and the Laudus Funds (except Laudus MarketMasters Funds) are distributed by
ALPS Distributors, Inc. The aggregate fees Schwab or its affiliates receive from Schwab Affiliate Funds are greater than the remuneration Schwab receives from other fund companies participating
in the Mutual Fund OneSource Service.
Charles Schwab & Co., Inc. Member SIPC (0108)
©2011 Charles Schwab & Co., Inc.
Page 2 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Neuberger Berman Regency Fund Trust Class NBREX
GROWTH OF $10,000
as of 9/30/2011
NO LOAD
NO FEE
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
FUND PROFILE
as of 09/30/11
Fund Manager (since 2005): S. Mullick
NBREX $17,206
Russell 2000 TR USD $18,116
Category Average $17,122
$25,000
$22,500
$20,000
$17,500
Yes
Available at Schwab
06/10/1999
Inception Date
Available to Existing Shareholders
Status
Mid-Cap Value
Category
No
Index Fund
Neuberger Berman
Fund Company
51%
Portfolio Turnover
$15,000
MORNINGSTAR RATINGS
$12,500
as of 09/30/11
$10,000
Overall rating
★
02
03
04
05
$7,500
CURRENT MANAGER
06
07
08
09
10
★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
3 year rating
11
★
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment
of dividends and capital gains, and does not reflect sales loads, redemption fees or the effects of
taxes on any capital gains and/or distributions.
★★
5 year rating
★
★★
10 year rating
CATEGORY: MID-CAP VALUE
★
Morningstar Category: Some mid-cap value funds focus on medium-size companies while others land
here because they own a mix of small-, mid-, and large-cap stocks. All look for stocks that are less
expensive or growing more slowly than the market. Many of their holdings come from financial,
energy, and manufacturing sectors.
PERFORMANCE RETURNS
This section contrasts NBREX to
its benchmarks.
Monthly data as of 09/30/2011
Cumulative Returns %
YTD
3 MO
AVERAGE
RETURN
LO
Historical Risk
HI
ABOVE AVERAGE
LO
RISK
HI
The ratings reflect historical risk-adjusted performance and
the overall Morningstar Rating™ is derived from a weighted
average of the performance figures associated with fund’s
3, 5, and 10 year rating metrics.
Annualized Returns %
1 YR
5 YR
10 YR
SINCE
INCEP.
QUARTERLY AVERAGE ANNUAL TOTAL RETURN
as of 09/30/2011
1 Year
5 Years
5%
-5%
-6.42%
-1.12%
10 Years
Since Incep.
5.58%
6.56%
Numbers are adjusted for possible sales charges, and
assume reinvestment of dividends & capital gains over
each time period.
-15%
-25%
YTD
3 MO
1 YR
5 YR
10 YR
SINCE
INCEP.
Neuberger Berman Regency Tr
-18.39
-22.89
-6.42
-1.12
+5.58
+6.56
Category Average
-15.72
-20.56
-5.31
-1.22
+6.05
--
Russell 2000 TR USD
-17.02
-21.87
-3.53
-1.02
+6.12
--
RANK WITHIN CATEGORY FOR ANNUAL TOTAL RETURN %
Rank within Category compares this
fund's total annual return to that of
other funds in the same category,
and its figures are not adjusted for
load, sales charge, or taxes.
★★
Historical Return
as of 09/30/2011
YTD
2010
2009
2008
2007
2006
TOP 25%
BOTTOM 25%
RETURN % -18.39 26.20
EXPENSES
Gross Expense Ratio (before waivers)
Net Expense Ratio (after waivers)
Category Average Expense Ratio
12b-1 Fees
Max Front Load
Max Back Load
Redemption Fee
1.43%
1.25%
1.35%
0.10
None
None
None
A net expense ratio lower than the gross expense ratio
may reflect a cap on or contractual waiver of fund
expenses. Please read the fund prospectus for details on
limits or expiration dates for any such waivers.
48.24 -47.20
4.90
11.39
Data and rankings provided by Morningstar. Morningstar proprietary ratings reflect historical risk-adjusted performance as of 09/30/11. These ratings are subject to change every month. For
each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly
performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. (Each share class is
counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The top 10% of the funds in an investment category
receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The overall Morningstar Rating is a weighted average of the funds’
three-, five-, and 10-year (if applicable) Morningstar rating metrics. To contact Morningstar, Inc. call 1-800-735-0700.
One or more investments in your plan may be subject to a Contingent Redemption Fee. In addition, some mutual fund companies have strict policies on excessive trading and expressly prohibit
transactions deemed detrimental to long-term shareholders of the fund. Investors should consider carefully information contained in the prospectus, including investment objectives, risks, trading
restrictions, charges and expenses. You can request a prospectus by calling Schwab at 1-800-724-7526. You may also request a prospectus at www.SchwabPlan.com. Please read the
prospectus carefully before investing.
©2011 Charles Schwab & Co., Inc.
Page 1 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Neuberger Berman Regency Fund Trust Class NBREX
TOP TEN HOLDINGS
as of 09/30/2011
Category Average 18.90%
Top 10 holdings are 19.80% of the total porfolio assets.
The category average percent of portfolio in top 10
holdings is 18.90%
NO LOAD
NO FEE
SECTOR WEIGHTINGS
as of 07/31/2011
Financials
Consumer Discretionary
Industrials
Energy
Health Care
Utilities
Information Technology
Materials
Consumer Staples
Top 10 Holdings in NBREX
19.80%
PERCENT
OF ASSETS
SYMBOL
COMPANY NAME
SECTOR
MCO
SHPGY
AIZ
NVE
OC
AVT
M
CVH
CI
MHP
Moody's Corporation
Shire PLC ADR
Assurant Inc
NV Energy Inc
Owens-Corning, Inc.
Avnet Inc
Macy's Inc
Coventry Health Care, Inc.
CIGNA Corp
McGraw-Hill Companies, Inc.
Financials
Health Care
Financials
Utilities
Industrials
Information Technology
Consumer Discretionary
Health Care
Health Care
Consumer Discretionary
2.71%
2.00%
1.96%
1.94%
1.89%
1.89%
1.88%
1.85%
1.84%
1.84%
Top Region
North America 94.16%
26.70%
14.75%
12.62%
11.93%
9.53%
9.44%
7.83%
4.57%
2.64%
ASSET BREAKDOWN
as of 08/31/11
-100
Fund holdings subject to change
REGIONAL EXPOSURE
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
as of 08/31/2011
Regional Breakdown
North America
United Kingdom
Latin America
Europe Developed (excluding UK)
94.16%
2.86%
1.55%
1.42%
Top 5 Countries
United States
United Kingdom
Brazil
Canada
Netherlands
92.68%
2.86%
1.55%
1.48%
1.00%
-50
Domestic Stock
Foreign Stock
Cash
0
50
100
%Long
%Short
%Net
89.33
7.05
3.61
0.00
0.00
0.00
89.33
7.05
3.61
MARKET CAPITALIZATION
as of 08/31/2011
Giant Cap
Large Cap
Medium Cap
Small Cap
1.48%
23.10%
70.10%
5.32%
This Mutual Fund Report Card is informational in nature and is not a recommendation or solicitation for any person to buy, sell or hold any particular security; nor is it intended to address any
individual's investment objectives, financial situation or personal circumstances. We recommend that investors define their goals, risk tolerance, time horizon and investment objectives in
addition to researching possible investment choices.
Sector weightings for fund portfolios are determined using the Global Industry Classification Standard (GICS). GICS was developed by and is the exclusive property of Morgan Stanley Capital
International Inc. and Standard & Poor's. GICS is a service mark of MSCI and S&P and has been licensed for use by Charles Schwab & Co., Inc.
Government bond fund shares are not guaranteed. Their price and investment return will fluctuate with market conditions and interest rates. Investment income from municipal bond funds may
be subject to certain state and local taxes and the federal alternative minimum tax. Capital gains are not exempt from federal income tax.
International investing involves special risks such as currency fluctuation and political instability. Investing in emerging markets may accentuate these risks. Small cap funds are subject to
greater volatility than those in other asset categories. Due to the limited focus of sector funds, they may experience greater volatility than funds with a broader investment strategy.
Mutual Fund OneSource® funds have no loads and generally have no transaction fees. Funds appearing on the Mutual Fund OneSource® Select List are chosen based on a formula that
combines risk-adjusted return, total return and expenses. They must be available through Schwab without loads and open to new investors. Charles Schwab receives remuneration from fund
companies in the Mutual Fund OneSource® Service for record keeping, shareholder services, and other administrative services. Schwab may also receive remuneration from transaction fee fund
companies for certain administrative services.
Schwab’s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab’s Mutual Fund OneSource® service (and certain other funds with no
transaction fee) and held for 90 days or less. Schwab reserves the right to exempt some funds from this fee, including certain Schwab Funds®, which may charge a separate redemption fee, and
funds that accommodate short-term trading. Trades in no-load mutual funds available through Schwab’s Mutual Fund OneSource® service (including Schwab Funds®) as well as certain other
funds, are available without transaction fees when placed through Schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge
applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds.
Schwab Affiliate Funds include Schwab Funds and Laudus Funds. Schwab Funds and Laudus Funds are advised by Charles Schwab Investment Management, Inc., an affiliate of Charles Schwab
& Co., Inc. Schwab Funds and the Laudus MarketMasters Funds are distributed by Charles Schwab & Co., Inc., and the Laudus Funds (except Laudus MarketMasters Funds) are distributed by
ALPS Distributors, Inc. The aggregate fees Schwab or its affiliates receive from Schwab Affiliate Funds are greater than the remuneration Schwab receives from other fund companies participating
in the Mutual Fund OneSource Service.
Charles Schwab & Co., Inc. Member SIPC (0108)
©2011 Charles Schwab & Co., Inc.
Page 2 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Neuberger Berman Socially Responsive Fund Trust Class NBSTX
GROWTH OF $10,000
as of 9/30/2011
Fund Manager (since 2001): Arthur Moretti
NBSTX $16,579
S&P 500 TR $13,200
NO LOAD
NO FEE
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
FUND PROFILE
as of 09/30/11
$15,000
Yes
Available at Schwab
03/03/1997
Inception Date
Available to Existing Shareholders
Status
Large Blend
Category
No
Index Fund
Neuberger Berman
Fund Company
41%
Portfolio Turnover
$12,500
MORNINGSTAR RATINGS
$10,000
Overall rating
Category Average $12,413
$22,500
$20,000
$17,500
as of 09/30/11
★
CURRENT MANAGER
02
03
$7,500
04
05
06
07
08
09
10
★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
3 year rating
11
★
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment
of dividends and capital gains, and does not reflect sales loads, redemption fees or the effects of
taxes on any capital gains and/or distributions.
★★
5 year rating
★
★★
10 year rating
CATEGORY: LARGE BLEND
★
Morningstar Category: Large-blend funds have portfolios that are fairly representative of the overall
stock market in size, growth rates, and price. They tend to invest across the spectrum of U.S.
industries and owing to their broad exposure, the funds' returns are often similar to those of the S&P
500 Index.
PERFORMANCE RETURNS
This section contrasts NBSTX to its
benchmarks.
Monthly data as of 09/30/2011
Cumulative Returns %
YTD
3 MO
HI
ABOVE AVERAGE
LO
RISK
HI
The ratings reflect historical risk-adjusted performance and
the overall Morningstar Rating™ is derived from a weighted
average of the performance figures associated with fund’s
3, 5, and 10 year rating metrics.
1 YR
5 YR
10 YR
SINCE
INCEP.
QUARTERLY AVERAGE ANNUAL TOTAL RETURN
as of 09/30/2011
1 Year
5 Years
-1.20%
-0.33%
10 Years
Since Incep.
5.19%
5.13%
Numbers are adjusted for possible sales charges, and
assume reinvestment of dividends & capital gains over
each time period.
YTD
3 MO
1 YR
5 YR
10 YR
SINCE
INCEP.
-1.20
-0.33
+5.19
+5.13
Neuberger Berman Socially Resp Tr
-12.38
-17.53
Category Average
-12.36
-16.90
-3.01
-2.00
+2.48
--
-8.68
-13.87
+1.14
-1.18
+2.82
--
RANK WITHIN CATEGORY FOR ANNUAL TOTAL RETURN %
Rank within Category compares this
fund's total annual return to that of
other funds in the same category,
and its figures are not adjusted for
load, sales charge, or taxes.
ABOVE AVERAGE
LO
RETURN
Historical Risk
Annualized Returns %
10%
5%
0%
-5%
-10%
-15%
-20%
S&P 500 TR
★★
Historical Return
as of 09/30/2011
YTD
2010
2009
2008
2007
2006
TOP 25%
BOTTOM 25%
RETURN % -12.38 22.56
EXPENSES
Gross Expense Ratio (before waivers)
Net Expense Ratio (after waivers)
Category Average Expense Ratio
12b-1 Fees
Max Front Load
Max Back Load
Redemption Fee
1.13%
1.13%
1.23%
0.10
None
None
None
A net expense ratio lower than the gross expense ratio
may reflect a cap on or contractual waiver of fund
expenses. Please read the fund prospectus for details on
limits or expiration dates for any such waivers.
30.34 -38.90
7.31
14.21
Data and rankings provided by Morningstar. Morningstar proprietary ratings reflect historical risk-adjusted performance as of 09/30/11. These ratings are subject to change every month. For
each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly
performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. (Each share class is
counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The top 10% of the funds in an investment category
receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The overall Morningstar Rating is a weighted average of the funds’
three-, five-, and 10-year (if applicable) Morningstar rating metrics. To contact Morningstar, Inc. call 1-800-735-0700.
One or more investments in your plan may be subject to a Contingent Redemption Fee. In addition, some mutual fund companies have strict policies on excessive trading and expressly prohibit
transactions deemed detrimental to long-term shareholders of the fund. Investors should consider carefully information contained in the prospectus, including investment objectives, risks, trading
restrictions, charges and expenses. You can request a prospectus by calling Schwab at 1-800-724-7526. You may also request a prospectus at www.SchwabPlan.com. Please read the
prospectus carefully before investing.
©2011 Charles Schwab & Co., Inc.
Page 1 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Neuberger Berman Socially Responsive Fund Trust Class NBSTX
TOP TEN HOLDINGS
as of 09/30/2011
Category Average 33.86%
Top 10 holdings are 38.76% of the total porfolio assets.
The category average percent of portfolio in top 10
holdings is 33.86%
NO LOAD
NO FEE
SECTOR WEIGHTINGS
as of 07/31/2011
Information Technology
Health Care
Energy
Industrials
Financials
Consumer Staples
Consumer Discretionary
Materials
Top 10 Holdings in NBSTX
38.76%
PERCENT
OF ASSETS
SYMBOL
COMPANY NAME
SECTOR
-DHR
TGT
GOOG
NFX
PG
PGR
TXN
SCHW
ECL
BG Group PLC
Danaher Corporation
Target Corp
Google, Inc.
Newfield Exploration Com..
The Procter & Gamble Co
Progressive Corporation
Texas Instruments, Inc.
Charles Schwab Corp
Ecolab, Inc.
-Industrials
Consumer Discretionary
Information Technology
Energy
Consumer Staples
Financials
Information Technology
Financials
Materials
4.45%
4.24%
4.05%
3.96%
3.96%
3.89%
3.76%
3.71%
3.39%
3.35%
Top Region
North America 89.65%
22.06%
14.87%
14.07%
13.94%
12.38%
10.87%
8.86%
2.95%
ASSET BREAKDOWN
as of 08/31/11
-100
-50
Domestic Stock
Foreign Stock
Cash
Fund holdings subject to change
REGIONAL EXPOSURE
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
0
50
100
%Long
%Short
%Net
85.86
11.65
2.50
0.00
0.00
0.00
85.86
11.65
2.50
as of 08/31/2011
MARKET CAPITALIZATION
Regional Breakdown
North America
Europe Developed (excluding UK)
United Kingdom
89.65%
5.78%
4.56%
Top 5 Countries
United States
United Kingdom
Switzerland
Denmark
Canada
88.06%
4.56%
3.09%
2.69%
1.60%
as of 08/31/2011
Giant Cap
Large Cap
Medium Cap
Small Cap
Micro Cap
24.20%
49.90%
20.41%
4.43%
1.06%
This Mutual Fund Report Card is informational in nature and is not a recommendation or solicitation for any person to buy, sell or hold any particular security; nor is it intended to address any
individual's investment objectives, financial situation or personal circumstances. We recommend that investors define their goals, risk tolerance, time horizon and investment objectives in
addition to researching possible investment choices.
Sector weightings for fund portfolios are determined using the Global Industry Classification Standard (GICS). GICS was developed by and is the exclusive property of Morgan Stanley Capital
International Inc. and Standard & Poor's. GICS is a service mark of MSCI and S&P and has been licensed for use by Charles Schwab & Co., Inc.
Government bond fund shares are not guaranteed. Their price and investment return will fluctuate with market conditions and interest rates. Investment income from municipal bond funds may
be subject to certain state and local taxes and the federal alternative minimum tax. Capital gains are not exempt from federal income tax.
International investing involves special risks such as currency fluctuation and political instability. Investing in emerging markets may accentuate these risks. Small cap funds are subject to
greater volatility than those in other asset categories. Due to the limited focus of sector funds, they may experience greater volatility than funds with a broader investment strategy.
Mutual Fund OneSource® funds have no loads and generally have no transaction fees. Funds appearing on the Mutual Fund OneSource® Select List are chosen based on a formula that
combines risk-adjusted return, total return and expenses. They must be available through Schwab without loads and open to new investors. Charles Schwab receives remuneration from fund
companies in the Mutual Fund OneSource® Service for record keeping, shareholder services, and other administrative services. Schwab may also receive remuneration from transaction fee fund
companies for certain administrative services.
Schwab’s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab’s Mutual Fund OneSource® service (and certain other funds with no
transaction fee) and held for 90 days or less. Schwab reserves the right to exempt some funds from this fee, including certain Schwab Funds®, which may charge a separate redemption fee, and
funds that accommodate short-term trading. Trades in no-load mutual funds available through Schwab’s Mutual Fund OneSource® service (including Schwab Funds®) as well as certain other
funds, are available without transaction fees when placed through Schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge
applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds.
Schwab Affiliate Funds include Schwab Funds and Laudus Funds. Schwab Funds and Laudus Funds are advised by Charles Schwab Investment Management, Inc., an affiliate of Charles Schwab
& Co., Inc. Schwab Funds and the Laudus MarketMasters Funds are distributed by Charles Schwab & Co., Inc., and the Laudus Funds (except Laudus MarketMasters Funds) are distributed by
ALPS Distributors, Inc. The aggregate fees Schwab or its affiliates receive from Schwab Affiliate Funds are greater than the remuneration Schwab receives from other fund companies participating
in the Mutual Fund OneSource Service.
Charles Schwab & Co., Inc. Member SIPC (0108)
©2011 Charles Schwab & Co., Inc.
Page 2 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Oakmark Equity And Income Fund Class I OAKBX
GROWTH OF $10,000
as of 9/30/2011
Fund Manager (since 1995): Clyde McGregor
OAKBX $19,660
S&P 500 TR $13,200
NO LOAD
NO FEE
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
FUND PROFILE
as of 09/30/11
Category Average $14,202
$25,000
$22,500
$20,000
$17,500
Yes
Available at Schwab
11/01/1995
Inception Date
Available to Existing Shareholders
Status
Moderate Allocation
Category
No
Index Fund
Oakmark
Fund Company
91%
Portfolio Turnover
$15,000
MORNINGSTAR RATINGS
$12,500
as of 09/30/11
$10,000
Overall rating
★
CURRENT MANAGER
02
03
$7,500
04
05
06
07
08
09
10
★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
3 year rating
11
★
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment
of dividends and capital gains, and does not reflect sales loads, redemption fees or the effects of
taxes on any capital gains and/or distributions.
★★
5 year rating
★
★★
10 year rating
CATEGORY: MODERATE ALLOCATION
★
Morningstar Category: Moderate-allocation funds seek to provide both capital appreciation and
income by investing in three major areas: stocks, bonds, and cash. These funds tend to hold larger
positions in stocks than conservative-allocation funds. These funds typically have 50% to 70% of
assets in equities and the remainder in fixed income and cash.
PERFORMANCE RETURNS
This section contrasts OAKBX to
its benchmarks.
ABOVE AVERAGE
LO
RETURN
Monthly data as of 09/30/2011
Cumulative Returns %
YTD
3 MO
Historical Risk
HI
BELOW AVERAGE
LO
RISK
HI
The ratings reflect historical risk-adjusted performance and
the overall Morningstar Rating™ is derived from a weighted
average of the performance figures associated with fund’s
3, 5, and 10 year rating metrics.
Annualized Returns %
1 YR
5 YR
10 YR
15%
10%
5%
0%
-5%
-10%
-15%
SINCE
INCEP.
QUARTERLY AVERAGE ANNUAL TOTAL RETURN
as of 09/30/2011
1 Year
5 Years
-0.77%
3.52%
6.99%
10 Years
Since Incep. 10.17%
Numbers are adjusted for possible sales charges, and
assume reinvestment of dividends & capital gains over
each time period.
YTD
3 MO
10 YR
SINCE
INCEP.
1 YR
5 YR
-0.77
+3.52
+6.99 +10.17
Oakmark Equity & Income I
-7.64
-12.80
Category Average
-7.76
-11.65
-1.78
+0.79
+3.82
--
S&P 500 TR
-8.68
-13.87
+1.14
-1.18
+2.82
--
RANK WITHIN CATEGORY FOR ANNUAL TOTAL RETURN %
Rank within Category compares this
fund's total annual return to that of
other funds in the same category,
and its figures are not adjusted for
load, sales charge, or taxes.
★★
Historical Return
as of 09/30/2011
YTD
2010
2009
2008
2007
2006
TOP 25%
BOTTOM 25%
RETURN % -7.64
EXPENSES
Gross Expense Ratio (before waivers)
Net Expense Ratio (after waivers)
Category Average Expense Ratio
12b-1 Fees
Max Front Load
Max Back Load
Redemption Fee
0.79%
0.79%
1.36%
None
None
None
None
A net expense ratio lower than the gross expense ratio
may reflect a cap on or contractual waiver of fund
expenses. Please read the fund prospectus for details on
limits or expiration dates for any such waivers.
9.50
19.84 -16.18 11.97
10.82
Data and rankings provided by Morningstar. Morningstar proprietary ratings reflect historical risk-adjusted performance as of 09/30/11. These ratings are subject to change every month. For
each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly
performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. (Each share class is
counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The top 10% of the funds in an investment category
receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The overall Morningstar Rating is a weighted average of the funds’
three-, five-, and 10-year (if applicable) Morningstar rating metrics. To contact Morningstar, Inc. call 1-800-735-0700.
One or more investments in your plan may be subject to a Contingent Redemption Fee. In addition, some mutual fund companies have strict policies on excessive trading and expressly prohibit
transactions deemed detrimental to long-term shareholders of the fund. Investors should consider carefully information contained in the prospectus, including investment objectives, risks, trading
restrictions, charges and expenses. You can request a prospectus by calling Schwab at 1-800-724-7526. You may also request a prospectus at www.SchwabPlan.com. Please read the
prospectus carefully before investing.
©2011 Charles Schwab & Co., Inc.
Page 1 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Oakmark Equity And Income Fund Class I OAKBX
TOP TEN HOLDINGS
as of 09/30/2011
Category Average 15.98%
Top 10 holdings are 28.10% of the total porfolio assets.
The category average percent of portfolio in top 10
holdings is 15.98%
NO LOAD
NO FEE
SECTOR WEIGHTINGS
as of 06/30/2011
Health Care
Industrials
Consumer Staples
Energy
Consumer Discretionary
Information Technology
Financials
Materials
Top 10 Holdings in OAKBX
28.10%
PERCENT
OF ASSETS
SYMBOL
COMPANY NAME
SECTOR
-NSRGY
GD
-APA
DEO
-UNH
-LH
Cenovus Energy, Inc.
Nestle SA ADR
General Dynamics
US Treasury Note 1.375%
Apache Corporation
Diageo PLC ADR
US Treasury Note 1.25%
UnitedHealth Group Inc
US Treasury Note 2.875%
Laboratory Corporation of ..
-Consumer Staples
Industrials
-Energy
Consumer Staples
-Health Care
-Health Care
3.86%
3.29%
2.93%
2.75%
2.71%
2.65%
2.65%
2.50%
2.44%
2.32%
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
21.33%
19.23%
18.81%
13.80%
10.97%
7.69%
4.64%
3.54%
ASSET BREAKDOWN
as of 06/30/11
-100
-50
0
50
100
Fund holdings subject to change
REGIONAL EXPOSURE
Top Region
North America 91.45%
as of 06/30/2011
Regional Breakdown
North America
Europe Developed (excluding UK)
United Kingdom
91.45%
4.74%
3.82%
Top 5 Countries
United States
Canada
Switzerland
United Kingdom
Netherlands
88.38%
4.71%
3.78%
3.05%
.08%
Domestic Stock
Foreign Stock
Domestic Bond
Foreign Bond
Cash
Other
%Long
%Short
%Net
59.64
9.80
17.26
0.32
11.07
1.92
0.00
0.00
0.00
0.00
0.00
0.00
59.64
9.80
17.26
0.32
11.07
1.92
MARKET CAPITALIZATION
as of 06/30/2011
Giant Cap
Large Cap
Medium Cap
Small Cap
Micro Cap
31.54%
23.69%
42.70%
1.91%
0.16%
This Mutual Fund Report Card is informational in nature and is not a recommendation or solicitation for any person to buy, sell or hold any particular security; nor is it intended to address any
individual's investment objectives, financial situation or personal circumstances. We recommend that investors define their goals, risk tolerance, time horizon and investment objectives in
addition to researching possible investment choices.
Sector weightings for fund portfolios are determined using the Global Industry Classification Standard (GICS). GICS was developed by and is the exclusive property of Morgan Stanley Capital
International Inc. and Standard & Poor's. GICS is a service mark of MSCI and S&P and has been licensed for use by Charles Schwab & Co., Inc.
Government bond fund shares are not guaranteed. Their price and investment return will fluctuate with market conditions and interest rates. Investment income from municipal bond funds may
be subject to certain state and local taxes and the federal alternative minimum tax. Capital gains are not exempt from federal income tax.
International investing involves special risks such as currency fluctuation and political instability. Investing in emerging markets may accentuate these risks. Small cap funds are subject to
greater volatility than those in other asset categories. Due to the limited focus of sector funds, they may experience greater volatility than funds with a broader investment strategy.
Mutual Fund OneSource® funds have no loads and generally have no transaction fees. Funds appearing on the Mutual Fund OneSource® Select List are chosen based on a formula that
combines risk-adjusted return, total return and expenses. They must be available through Schwab without loads and open to new investors. Charles Schwab receives remuneration from fund
companies in the Mutual Fund OneSource® Service for record keeping, shareholder services, and other administrative services. Schwab may also receive remuneration from transaction fee fund
companies for certain administrative services.
Schwab’s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab’s Mutual Fund OneSource® service (and certain other funds with no
transaction fee) and held for 90 days or less. Schwab reserves the right to exempt some funds from this fee, including certain Schwab Funds®, which may charge a separate redemption fee, and
funds that accommodate short-term trading. Trades in no-load mutual funds available through Schwab’s Mutual Fund OneSource® service (including Schwab Funds®) as well as certain other
funds, are available without transaction fees when placed through Schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge
applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds.
Schwab Affiliate Funds include Schwab Funds and Laudus Funds. Schwab Funds and Laudus Funds are advised by Charles Schwab Investment Management, Inc., an affiliate of Charles Schwab
& Co., Inc. Schwab Funds and the Laudus MarketMasters Funds are distributed by Charles Schwab & Co., Inc., and the Laudus Funds (except Laudus MarketMasters Funds) are distributed by
ALPS Distributors, Inc. The aggregate fees Schwab or its affiliates receive from Schwab Affiliate Funds are greater than the remuneration Schwab receives from other fund companies participating
in the Mutual Fund OneSource Service.
Charles Schwab & Co., Inc. Member SIPC (0108)
©2011 Charles Schwab & Co., Inc.
Page 2 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Oakmark Fund Class I
OAKMX
GROWTH OF $10,000
as of 9/30/2011
Fund Manager (since 2000): Kevin Grant
OAKMX $14,990
S&P 500 TR $13,200
NO LOAD
NO FEE
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
FUND PROFILE
as of 09/30/11
$12,000
Available at Schwab
Inception Date
Status
Category
Index Fund
Fund Company
Portfolio Turnover
$10,000
MORNINGSTAR RATINGS
$8,000
Overall rating
Category Average $12,413
$18,000
$16,000
$14,000
as of 09/30/11
★
CURRENT MANAGER
02
03
$6,000
04
05
06
07
08
09
10
Yes
08/05/1991
Open
Large Blend
No
Oakmark
24%
★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
★★★
★★★★
★★★★★
3 year rating
11
★
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment
of dividends and capital gains, and does not reflect sales loads, redemption fees or the effects of
taxes on any capital gains and/or distributions.
★★
5 year rating
★
★★
10 year rating
CATEGORY: LARGE BLEND
★
Morningstar Category: Large-blend funds have portfolios that are fairly representative of the overall
stock market in size, growth rates, and price. They tend to invest across the spectrum of U.S.
industries and owing to their broad exposure, the funds' returns are often similar to those of the S&P
500 Index.
PERFORMANCE RETURNS
This section contrasts OAKMX to
its benchmarks.
Monthly data as of 09/30/2011
Cumulative Returns %
YTD
3 MO
1 YR
5 YR
10 YR
SINCE
INCEP.
ABOVE AVERAGE
LO
RISK
HI
The ratings reflect historical risk-adjusted performance and
the overall Morningstar Rating™ is derived from a weighted
average of the performance figures associated with fund’s
3, 5, and 10 year rating metrics.
1 Year
5 Years
-0.67%
0.93%
4.13%
10 Years
Since Incep. 11.51%
Numbers are adjusted for possible sales charges, and
assume reinvestment of dividends & capital gains over
each time period.
-20%
YTD
3 MO
1 YR
5 YR
-0.67
+0.93
10 YR
SINCE
INCEP.
-8.31
-14.05
-12.36
-16.90
-3.01
-2.00
+2.48
--
-8.68
-13.87
+1.14
-1.18
+2.82
--
RANK WITHIN CATEGORY FOR ANNUAL TOTAL RETURN %
Rank within Category compares this
fund's total annual return to that of
other funds in the same category,
and its figures are not adjusted for
load, sales charge, or taxes.
HI
as of 09/30/2011
-10%
S&P 500 TR
LO
QUARTERLY AVERAGE ANNUAL TOTAL RETURN
0%
Category Average
HIGH
RETURN
Historical Risk
Annualized Returns %
10%
Oakmark I
★★
Historical Return
+4.13 +11.51
as of 09/30/2011
YTD
2010
2009
2008
2007
2006
TOP 25%
BOTTOM 25%
RETURN % -8.31
EXPENSES
Gross Expense Ratio (before waivers)
Net Expense Ratio (after waivers)
Category Average Expense Ratio
12b-1 Fees
Max Front Load
Max Back Load
Redemption Fee
1.11%
1.11%
1.23%
None
None
None
None
A net expense ratio lower than the gross expense ratio
may reflect a cap on or contractual waiver of fund
expenses. Please read the fund prospectus for details on
limits or expiration dates for any such waivers.
12.18
44.77 -32.61
-3.64
18.26
Data and rankings provided by Morningstar. Morningstar proprietary ratings reflect historical risk-adjusted performance as of 09/30/11. These ratings are subject to change every month. For
each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly
performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. (Each share class is
counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The top 10% of the funds in an investment category
receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The overall Morningstar Rating is a weighted average of the funds’
three-, five-, and 10-year (if applicable) Morningstar rating metrics. To contact Morningstar, Inc. call 1-800-735-0700.
One or more investments in your plan may be subject to a Contingent Redemption Fee. In addition, some mutual fund companies have strict policies on excessive trading and expressly prohibit
transactions deemed detrimental to long-term shareholders of the fund. Investors should consider carefully information contained in the prospectus, including investment objectives, risks, trading
restrictions, charges and expenses. You can request a prospectus by calling Schwab at 1-800-724-7526. You may also request a prospectus at www.SchwabPlan.com. Please read the
prospectus carefully before investing.
©2011 Charles Schwab & Co., Inc.
Page 1 of 2
Schwab Mutual Fund Report Card™
as of 9/30/2011
Oakmark Fund Class I
OAKMX
TOP TEN HOLDINGS
as of 09/30/2011
Category Average 33.86%
Top 10 holdings are 20.92% of the total porfolio assets.
The category average percent of portfolio in top 10
holdings is 33.86%
NO LOAD
NO FEE
SECTOR WEIGHTINGS
as of 06/30/2011
Consumer Discretionary
Information Technology
Financials
Health Care
Industrials
Consumer Staples
Energy
Top 10 Holdings in OAKMX
20.92%
PERCENT
OF ASSETS
SYMBOL
COMPANY NAME
SECTOR
CMCSK
TEL
MA
COF
TXN
LINTA
NOC
ORCL
DELL
INTC
Comcast Corp
TE Connectivity Ltd
MasterCard Incorporated A
Capital One Financial Corp
Texas Instruments, Inc.
Liberty Media Corp., IActiv..
Northrop Grumman Corp
Oracle Corporation
Dell Inc
Intel Corp
Consumer Discretionary
Information Technology
Information Technology
Financials
Information Technology
Consumer Discretionary
Industrials
Information Technology
Information Technology
Information Technology
2.40%
2.26%
2.12%
2.05%
2.04%
2.04%
2.01%
2.00%
2.00%
2.00%
Top Region
North America 94.71%
27.36%
25.18%
13.79%
11.18%
10.23%
7.72%
4.54%
ASSET BREAKDOWN
as of 06/30/11
-100
-50
Domestic Stock
Foreign Stock
Cash
Fund holdings subject to change
REGIONAL EXPOSURE
Schwab Mutual Fund OneSource®
(no-load, no-transaction-fee)
as of 06/30/2011
0
50
100
%Long
%Short
%Net
87.09
8.10
4.81
0.00
0.00
0.00
87.09
8.10
4.81
MARKET CAPITALIZATION
as of 06/30/2011
Regional Breakdown
North America
United Kingdom
94.71%
5.29%
Top 5 Countries
United States
United Kingdom
Canada
91.48%
5.29%
3.22%
Giant Cap
Large Cap
Medium Cap
39.30%
52.28%
8.41%
This Mutual Fund Report Card is informational in nature and is not a recommendation or solicitation for any person to buy, sell or hold any particular security; nor is it intended to address any
individual's investment objectives, financial situation or personal circumstances. We recommend that investors define their goals, risk tolerance, time horizon and investment objectives in
addition to researching possible investment choices.
Sector weightings for fund portfolios are determined using the Global Industry Classification Standard (GICS). GICS was developed by and is the exclusive property of Morgan Stanley Capital
International Inc. and Standard & Poor's. GICS is a service mark of MSCI and S&P and has been licensed for use by Charles Schwab & Co., Inc.
Government bond fund shares are not guaranteed. Their price and investment return will fluctuate with market conditions and interest rates. Investment income from municipal bond funds may
be subject to certain state and local taxes and the federal alternative minimum tax. Capital gains are not exempt from federal income tax.
International investing involves special risks such as currency fluctuation and political instability. Investing in emerging markets may accentuate these risks. Small cap funds are subject to
greater volatility than those in other asset categories. Due to the limited focus of sector funds, they may experience greater volatility than funds with a broader investment strategy.
Mutual Fund OneSource® funds have no loads and generally have no transaction fees. Funds appearing on the Mutual Fund OneSource® Select List are chosen based on a formula that
combines risk-adjusted return, total return and expenses. They must be available through Schwab without loads and open to new investors. Charles Schwab receives remuneration from fund
companies in the Mutual Fund OneSource® Service for record keeping, shareholder services, and other administrative services. Schwab may also receive remuneration from transaction fee fund
companies for certain administrative services.
Schwab’s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab’s Mutual Fund OneSource® service (and certain other funds with no
transaction fee) and held for 90 days or less. Schwab reserves the right to exempt some funds from this fee, including certain Schwab Funds®, which may charge a separate redemption fee, and
funds that accommodate short-term trading. Trades in no-load mutual funds available through Schwab’s Mutual Fund OneSource® service (including Schwab Funds®) as well as certain other
funds, are available without transaction fees when placed through Schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge
applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds.
Schwab Affiliate Funds include Schwab Funds and Laudus Funds. Schwab Funds and Laudus Funds are advised by Charles Schwab Investment Management, Inc., an affiliate of Charles Schwab
& Co., Inc. Schwab Funds and the Laudus MarketMasters Funds are distributed by Charles Schwab & Co., Inc., and the Laudus Funds (except Laudus MarketMasters Funds) are distributed by
ALPS Distributors, Inc. The aggregate fees Schwab or its affiliates receive from Schwab Affiliate Funds are greater than the remuneration Schwab receives from other fund companies participating
in the Mutual Fund OneSource Service.
Charles Schwab & Co., Inc. Member SIPC (0108)
©2011 Charles Schwab & Co., Inc.
Page 2 of 2
IAN BDL59861 NJE 08 (10/11)
xxx-xx-xxx