Schwab Strategic Trust - Schwab Ariel Opportunities ETF

Schwab Strategic Trust - Schwab Ariel Opportunities ETF is an exchange traded fund launched and managed by Charles Schwab Investment Management, Inc. The fund is co-managed by Ariel Investments, LLC. It invests in the public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization, within the market capitalization range of the Russell 2500 Index. It seeks to benchmark the performance of its portfolio against the Russell 2500 Index and the S&P 500 Index. It employs proprietary research to create its portfolio. Schwab Strategic Trust - Schwab Ariel Opportunities ETF was formed on November 16, 2021 and is domiciled in the United States.