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EXHIBIT 5(B)
INVESTMENT ADVISORY AND ADMINISTRATION AGREEMENT
AMENDED SCHEDULE A
FUND FUND EFFECTIVE DATE
Schwab 1000 Fund April 2, 1991
Schwab Short/Intermediate November 4, 1991
Government Bond Fund
Schwab California Long-Term February 20, 1992
Tax-Free Bond Fund
Schwab Long-Term Tax-Free July 30, 1992
Bond Fund
Schwab Long-Term Government March 1, 1993
Bond Fund
Schwab Short/Intermediate Tax-Free March 1, 1993
Bond Fund
Schwab California Short/Intermediate March 1, 1993
Tax-Free Bond Fund
SCHWAB INVESTMENTS
By: /s/ Xxxxxxxxx X. Xxxx
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Name: Xxxxxxxxx X. Xxxx
Title: President
XXXXXXX XXXXXX INVESTMENT
MANAGEMENT, INC.
By: /s/ Xxxxxxx X. Xxxxx
-------------------------------
Name: Xxxxxxx X. Xxxxx
Title: Senior Vice President and
Chief Operating Officer
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SCHEDULE B
The Investment Adviser will keep and maintain the following books and
records of each Schwab Fund pursuant to Rule 31a-1 under the Investment Company
Act of 1940 (the "Rule"):
a. Journals containing an itemized daily record in detail of all
purchases and sales of securities, all receipts and disbursements of cash, and
all other debits and credits, as required by subsection (b)(1) of the Rule;
b. General and auxiliary ledgers reflecting all asset, liability,
reserve, capital, income and expense accounts, including interest accrued and
interest received, as required by subsection (b)(2)(i) of the Rule;
c. Separate ledger accounts required by subsection (b)(2)(ii) and (iii)
of the Rule; and
d. A monthly trial balance of all ledger accounts (except shareholder
accounts) as required by subsection (b)(8) of the Rule.
In addition to the maintenance of the books and records specified
above, the Investment Adviser will perform the following accounting services
daily for each Schwab Fund:
a. Calculate the yield;
b. Provide the following reports:
(i) a current security position report;
(ii) a summary report of transactions and pending
maturities (including the principal, cost, and
accrued interest on each portfolio security in
maturity date order); and
(iii) a current cash position report (including cash
available from portfolio sales and maturities and
sales of a Portfolio's Shares less cash needed for
redemptions and settlement of portfolio purchases);
c. Such other similar services with respect to a Schwab Fund as
may be reasonably requested by Trust.
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SCHEDULE C
Form of Sub-Investment Advisory
Agreement
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AMENDED SCHEDULE D
ADVISORY FEE SCHEDULE
FUND FUND EFFECTIVE DATE
SCHWAB 1000 FUND APRIL 2, 1991
The annual graduated fee, payable monthly, is
0.30% of the Fund's average daily net assets not
in excess of $500 million and 0.22% of such assets
over $500 million.
SCHWAB SHORT/INTERMEDIATE GOVERNMENT BOND FUND NOVEMBER 4, 1991
The annual graduated fee, payable monthly, is
0.41% of the Fund's average daily net assets.
SCHWAB CALIFORNIA LONG-TERM TAX-FREE BOND FUND FEBRUARY 20, 1992
The annual fee, payable monthly, is 0.41% of the
Fund's average daily net assets.
SCHWAB LONG-TERM TAX-FREE BOND FUND JULY 30, 1992
The annual fee, payable monthly, is 0.41% of the
Fund's average daily net assets.
SCHWAB SHORT/INTERMEDIATE TAX-FREE BOND FUND MARCH 1, 1993
The annual fee, payable monthly, is 0.41% of the
Fund's average daily net assets.
SCHWAB LONG-TERM GOVERNMENT BOND FUND MARCH 1, 1993
The annual fee, payable monthly, is 0.41% of the
Fund's average daily net assets.
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SCHWAB CALIFORNIA SHORT/INTERMEDIATE TAX-FREE BOND FUND MARCH 1, 1993
The annual fee, payable monthly, is 0.41% of the
Fund's average daily net assets.
SCHWAB INVESTMENTS
By: /s/ Xxxxxxxxx X. Xxxx
------------------------------
Name: Xxxxxxxxx X. Xxxx
Title: President
XXXXXXX XXXXXX INVESTMENT
MANAGEMENT, INC.
By: /s/ Xxxxxxx X. Xxxxx
------------------------------
Name: Xxxxxxx X. Xxxxx
Title: Senior Vice President and
Chief Operating Officer
