UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14C
INFORMATION STATEMENT PURSUANT TO SECTION 14(C)
OF THE
SECURITIES EXCHANGE ACT OF 1934
Check the appropriate box: | |
☐ | Preliminary Information Statement |
☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14c-5(d)(2)) |
☑ | Definitive Information Statement |
Schwab Capital Trust |
(Name of Registrant as Specified in its Charter) |
Payment of Filing Fee (Check the appropriate box) | |
☑ | No fee required. |
☐ | Fee paid previously with preliminary materials |
☐ Fee computed on table in exhibit required by Item 25(b) of Schedule 14A (17 CFR 240.14a-101) per Item 1 of this Schedule and Exchange Act Rules 14c-5(g) and 0-11
Investment Adviser/Manager
|
| |
Investment Style
|
| |
Approximate Allocation of
Net (%) |
| |||
American Century Investment Management, Inc.
|
| | International small-cap growth | | | | | 24% | | |
Baillie Gifford Overseas Limited | | | International growth | | | | | 8% | | |
Columbia Management Investment Advisers, LLC
|
| | International all-cap blend | | | | | 15%* | | |
Harris Associates L.P. | | | International large-cap value | | | | | 23% | | |
Schwab Asset Management | | |
International large-cap developed
|
| | | | 24% | | |
Cash and other assets | | | — | | | | | 6% | | |
| |
Fund
|
| | |
Aggregate Sub-Advisory Fees
Paid by Schwab Asset Management to the Investment Managers in Dollars |
| | |
Aggregate Sub-Advisory Fees Paid by
Schwab Asset Management to the Investment Managers as a % of Average Net Assets of the Fund |
| | |||
| | Schwab International Opportunities Fund | | | | | $ | 4,148,437 | | | | |
0.39%
|
| |
Name of Fund
|
| |
Investment Objective
|
| |
Size of Fund
as of December 31, 2022 |
| |
Advisory Fee
|
| |
Fee Waivers and
Reimbursements |
|
Columbia Overseas Core Fund
|
| |
Target long-term capital
appreciation with an international equity strategy that offers the flexibility to invest in both growth and value stocks |
| |
$864.3 Million
|
| |
0.98 net/1.04 gross
|
| |
n/a
|
|
Columbia Variable Portfolio — Overseas Core Fund
|
| |
Target long-term capital appreciation with an international equity strategy that offers the flexibility to invest in both growth and value stocks
|
| |
$3.5 Billion
|
| |
1.04 net/1.04 gross
|
| |
n/a
|
|
Name
|
| |
Position and Principal Occupation with Columbia and Principal
Occupation, if Different from Position(s) with Columbia |
|
William Truscott | | | President and Chairman of the Board | |
Michael Clarke | | | Senior Vice President, North America Head of Operations & Investor Services | |
Gene Tannuzzo | | | Managing Director and Global Head of Fixed Income | |
Lee Faria | | | Vice President and Chief Compliance Officer | |
Michael DeFao | | | Vice President, Chief Legal Officer, and Assistant Secretary | |
Stephen Harasimowicz | | | Senior Vice President and Global Head of Trading | |
Melda Mergen | | | Managing Director and Global Head of Equities | |
Brian Engelking | | | Director, Vice President and Chief Financial Officer | |
Scott Couto | | | Director, Executive Vice President and Head of North America | |
| |
Broker
|
| | |
Affiliation
|
| | |
Commissions
|
| | |
Percentage of Aggregate
Brokerage Commissions |
| | ||||||
| | Instinet, LLC | | | |
American Century, a current investment
manager of the Fund |
| | | | $ | 5,489 | | | | | | | 1.00% | | | |
| | Nomura Securities International, Inc. | | | |
American Century, a current investment
manager of the Fund |
| | | | $ | 1,722 | | | | | | | 0.31% | | | |