^‡‡Per-trade mutual fund transaction fees are capped at 8.5% of principal regardless of channel.

^*Certain transaction-fee funds are eligible for a reduced transaction fee. Generally, mutual funds are eligible for reduced transaction fees where the funds or their affiliates pay Schwab for recordkeeping, shareholder, and other administrative services we provide. Please contact your independent investment advisor directly or call Schwab Alliance at 1-800-515-2157 for more information.

^**AIP transaction fees only apply to AIP-enrolled mutual funds. For applicable mutual funds, a transaction fee of $10 capped at 8.5% of principle will apply to each buy and sell. Automatic Investment Plan (AIP) is a service intended to facilitate systematic mutual fund purchases and liquidations. The program is not designed for non-systematic or one-time purchases/redemptions of mutual fund positions. Schwab reserves the right to apply standard transaction fees to instructions established in AIP if Schwab determines in its sole discretion that the AIP program is being used outside the scope for which it was designed.  Please contact your independent investment advisor directly or call Schwab Alliance at 1-800-515-2157 for more information.