David Siopack

David Siopack is managing director and portfolio manager with Charles Schwab Investment Management, Inc. (CSIM). He has day-to-day co-responsibility for the management of the Schwab Global Real Estate Fund™.

Siopack joined CSIM in January 2007. Prior to joining Schwab, he was portfolio manager with Global Real Analytics, LLC and CB Richard Ellis Global Capital Markets Group. He has worked in real estate research, analysis and asset management since 1993.

He earned a Bachelor of Science degree in business administration, with an emphasis in finance, from the Haas School of Business at the University of California, Berkeley. Siopack is a member of the Chartered Financial Analyst Society of San Francisco and a CFA charterholder.

Investors should consider carefully information contained in the prospectus, including investment objectives, risks, charges and expenses. You can request a prospectus by calling 800-435-4000. Please read the prospectus carefully before investing.

Charles Schwab Investment Management, Inc. is an affiliate of Charles Schwab & Co., Inc. (member SIPC); both are subsidiaries of The Charles Schwab Corporation (NASDAQ: SCHW).