Schwab Target 2010 Index Fund Institutional Shares

This fund endeavors to meet its financial goals primarily by investing in Schwab's own exchange-traded funds (ETFs). Its established policy mandates that, under typical market circumstances, at least 80% of its total assets—which include both net assets and any capital borrowed for investment purposes—are allocated to underlying funds. These underlying funds are specifically designed to track the returns of particular market benchmarks. The fund's overall management strategy is precisely aligned with the target retirement date indicated in its title, operating on the premise that an investor will retire at age 65.