For the fifth year in a row, the Schwab California Tax-Free Bond Fund (SWCAX) took top honors as Best Fund over 10 years out of 15 funds in the California Intermediate Municipal Debt Funds category. The Schwab Hedged Equity Fund (SWHEX) was named Best Fund over 10 Years for "Long/Short Equity Funds," out of 14 funds in this category. Lipper also recognized the Laudus Growth Investors U.S. Large Cap Growth Fund (LGILX) as the Best Fund over 10 Years out of 144 funds in the "Large-Cap Growth Funds" category.
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"We’re so pleased that Lipper selected these funds as outperformers," said Marie Chandoha, president and chief executive officer of CSIM. "Schwab advocates investing for the long-term, so it’s rewarding to offer investors products recognized for their consistent long-term performance."
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