Schwab Investments · 497 · On 3/10/08

Filed On 3/10/08 5:07pm ET   ·   SEC File 33-37459   ·   Accession Number 950134-8-4456

Definitive Material   ·   Rule 497
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 497         Definitive Material                                    2     11K 

497
1st Page of 2
TOC
Top
Previous
Next
Bottom
Just 1st
 
Sponsored Ads...


 SUPPLEMENT TO THE
SCHWAB TAXABLE BOND FUNDS PROSPECTUS DATED
 NOVEMBER 15, 2007

  THE INFORMATION PROVIDED IN THIS SUPPLEMENT IS EFFECTIVE AS OF MARCH 10,
2008.                                                                 

THIS SUPPLEMENT PROVIDES NEW AND ADDITIONAL INFORMATION BEYOND THAT   
CONTAINED IN THE PROSPECTUS AND SHOULD BE READ IN CONJUNCTION WITH THE
PROSPECTUS.                                                           

Effective February 27, 2008, Andrew Tikofsky, PHD, ceased serving as a
portfolio manager for the funds.                                      

    The privacy policy on the inside page of the back cover is replaced in its
entirety with the following:                                          

THIS IS NOT PART OF THE PROSPECTUS                                              

A COMMITMENT TO YOUR PRIVACY                                                    

   At Schwab Funds our most important asset is our relationship with you. We
are honored that you have entrusted us with your financial affairs, and we are  
committed to safeguarding the privacy of information we maintain about you.     
Establishing and adhering to an effective privacy policy is an important part of
that dedication. Below, you will find details about Schwab Funds' commitment to 
protecting your privacy, including the types of information we collect about    
you, and how we use and share that information. Our Privacy Policy applies only 
to those individual shareholders who have a direct customer relationship with   
us. If you are an individual shareholder of record of any of the Schwab Funds,  
we consider you to be a customer of the Schwab Funds. Shareholders purchasing or
owning shares of the Schwab Funds through their bank, broker, or other financial
institution should consult that financial institution's privacy policies. If you
own shares of the Schwab Funds through a third-party bank, broker or other      
financial institution, that third party's privacy policies will apply to you and
ours will not.                                                                  

YOUR PRIVACY IS NOT FOR SALE                                                    

Simply put, we do not and will not sell your personal information to  
anyone, for any reason, at any time.                                            

HOW WE COLLECT INFORMATION ABOUT YOU                                            

We collect personal information about you in a number of ways.        

- APPLICATION AND REGISTRATION INFORMATION.                           

We collect information from you when you open an account. We may also 
collect information from consumer reporting agencies in the account-opening     
process. The information we collect may include your name, address, phone       
number, email address, Social Security number and date of birth.                

- ACCOUNT HISTORY.                                                    

    Once you have opened an account with Schwab Funds, we collect and maintain
personal information about your account activity, including your transactions.  
This information allows us to administer your account.                          

- THIRD-PARTY INFORMATION PROVIDERS.                                  

     We may collect information about you from information services and consumer
reporting agencies to verify your identity.                                     

WEBSITE USAGE                                                                   

When you visit our website, our computer may use devices known as     
"cookies," graphic interchange format files (GIFs), or other similar web tools  
to enhance your web experience. These tools enable us to recognize you when you 
return to our site, maintain your web session while you browse, as well as help 
us provide you with a better, more personalized experience.                     

HOW WE SHARE INFORMATION ABOUT YOU                                              

 We provide access to information about you to our affiliated companies,
outside companies and other third parties in certain limited circumstances,     
including:                                                                      

- to help us maintain and process transactions for your account;      

497
Last Page of 2
TOC
1st
Previous
Next
Bottom
Just 2nd

    - when we use another company to provide services for us, such as printing
and mailing your account statements;                              

- when we believe that disclosure is required or permitted under law. 

For example, we may be required to disclose personal information to   
cooperate with regulatory or law enforcement authorities, to resolve consumer   
disputes, to perform credit/authentication checks, or for risk control.         

STATE LAWS                                                                      

We will comply with state laws that apply to the disclosure or use of 
information about you.                                                          

SAFEGUARDING YOUR INFORMATION, MAINTAINING YOUR TRUST                           

We take precautions to ensure the information we collect about you is 
protected and is accessed only by authorized individuals or organizations.      
Companies we use to provide support services are not allowed to use information 
about our clients for their own purposes and are contractually obligated to     
maintain strict confidentiality. We limit their use of information to the       
performance of the specific services we have requested. We restrict access to   
personal information by our officers, employees and agents. Our officers and    
employees are trained about privacy and are required to safeguard personal      
information. We maintain physical, electronic and procedural safeguards to      
protect personal information.                                                   

TEAMING UP AGAINST IDENTITY THEFT                                               

    Identity theft is a serious concern to all of us. Safeguarding information
to help protect you from identity theft is our priority. Schwab Funds takes     
steps to protect you from identity theft by:                                    

- utilizing client identification and authentication procedures before
initiating transactions;                                          

 - ensuring our officers and employees are trained to safeguard personal
information about you.                                            

    You can also help protect your identity and accounts. Here are a few steps
to remember:                                                                    

   - Schwab Funds will never request your account number, login password, or
Social Security number in either a non-secure or unsolicited email
communication;                                                    

- shred documents that contain personal information;                  

    - check your credit report regularly for unauthorized activity and protect
your personal identification numbers (PINs) and personal data.    

GREATER ACCURACY MEANS BETTER PROTECTION                                        

     We are committed to keeping accurate, up-to-date records to help ensure the
integrity of the information we maintain about you. If you identify an          
inaccuracy in this information, or you need to make a change to it, please      
contact us promptly. Direct order Schwab Funds clients should call 1-800-407-   
0256.                                                                           

A COMMITMENT TO KEEPING YOU INFORMED                                            

We will provide you with advance notice of important changes to our   
information-sharing practices.                                                  

CONTACT US WITH QUESTIONS                                                       

  If you have any questions or concerns, direct order Schwab Funds clients
should call 1-800-407-0256.                                                     

(C)2008 SchwabFunds(R). All rights reserved.                          

 PLEASE RETAIN THIS SUPPLEMENT FOR
 YOUR RECORDS.

                                                           [CHARLES SCHWAB LOGO]

(C)2008 Charles Schwab & Co., Inc. All Rights Reserved                          
Member SIPC REG 41240 (03/08)                                                   

Dates Referenced Herein   and   Documents Incorporated By Reference

				Referenced-On Page
This 497 Filing		Date		First		Last			Other Filings
		11/15/07		1					24F-2NT, 485BPOS
		2/27/08		1					485BPOS
Filed On / Filed As Of / Effective As Of		3/10/08		1					497
Top									List All Filings