WESTLAKE, Texas – Charles Schwab & Co., Inc. announces that effective September 1, 2021, the annual index rebuild date for the Schwab 1000 Index® (the “Index”) has been changed to effective every year after the market closes on the third Friday in September. As such, the next annual Index reconstitution should take effect after the close of the market on Friday September 17, 2021. Prior to this change, the annual Index reconstitution of the Index took place every year after the market close. the first Wednesday in February.

For more information on the Index, please see the Index Methodology.

About Schwab Asset Management

As one of the largest and most experienced asset managers in the industry, we offer a focused range of ETFs, mutual funds and separately managed account strategies designed to meet essential business needs. most investors. By operating our business through the eyes of our clients and putting them at the center of our decisions, we aim to deliver exceptional experiences to the investors and financial professionals who serve them. As of June 30, 2021, Schwab Asset Management managed approximately $ 596 billion on a discretionary basis and approximately $ 40.1 billion on a non-discretionary basis. Schwab Asset Management provides non-discretionary advisory services to the Schwab Trust Bank collective investment funds, including research and recommendations regarding asset allocation, portfolio construction, cash flow monitoring and selection and retention of advisers. Some trusts have more than one class of unit. More information is available at www.schwabassetmanagement.com.

About Charles Schwab

At Charles Schwab, we believe in the power to invest to help people create a better future. We’re used to challenging the status quo in our industry, innovating in ways that benefit the investors, advisors and employers who serve them, and championing our clients’ goals with passion and integrity.

More information is available at www.aboutschwab.com. follow us on Twitter, Facebook, YouTube and LinkedIn.

Disclosures:

The Schwab 1000 index^® (the “Index”) is the property of Charles Schwab & Co., Inc.

The indices are unmanaged, do not incur management fees, costs and expenses, and cannot be invested directly.

Schwab Asset Management is the dba name of Charles Schwab Investment Management, Inc. (CSIM). Schwab Asset Management is part of the larger Schwab Asset Management Solutions (SAMS) organization, a collection of business units of The Charles Schwab Corporation aligned with a common function of asset management-related services under common leadership. CSIM and Charles Schwab & Co., Inc. (Schwab) Member SIPC are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation.

© 2021 Charles Schwab & Co, Inc. All rights reserved.

(0921-1Y4S)

Christine hudacko
Charles Schwab
415-961-3790
[email protected]

Source: The Charles Schwab Company