Schwab Mortgage-Backed Securities ETF — new fund registration

SCHWAB STRATEGIC TRUST registered 1 new fund series on Form 485APOS, filed 2024-08-21. Featured series: Schwab Mortgage-Backed Securities ETF.

Registration

Registrant / trust: SCHWAB STRATEGIC TRUST
CIK: 0001454889
Form: 485APOS
Filed: 2024-08-21
State of incorporation: DE
Tickers: FNDF
Accession: 0001104659-24-091340
Reported net assets: $6.4B

Series & classes (1)

Series	Class	Ticker	New
Schwab Mortgage-Backed Securities ETF	Schwab Mortgage-Backed Securities ETF	SMBS	Yes

Fees (from the effective prospectus)

Gross expense ratio: 0.03%
Management fee: 0.03%
Other expenses: 0.00%

Investment objective

The funds goal is to track as closely as possible, before fees and expenses, the total return of an index composed of investment-grade mortgage-backed securities issued and/or guaranteed by U.S. government agencies.

Advisers

Charles Schwab Investment Management, Inc. (Advisor)