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SchwabFunds(R)
101 Montgomery Street
San Francisco, CA 94104
December 19, 1997
VIA EDGAR
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Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Schwab Investments
File Nos. 33-37459 and 811-6200
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Schwab Short/Intermediate Tax-Free Bond Fund
Schwab Long Term Tax-Free Bond Fund
Schwab California Short/Intermediate Tax-Free Bond Fund
Schwab California Long Term Tax-Free Bond Fund
Post-Effective Amendment No. 21
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Dear Sir or Madam:
Pursuant to Rule 497(j) under the Securities Act of 1933, as amended, the
prospectuses, both dated December 15, 1997, for the above-named Funds do not
differ from the prospectuses in the most recently electronically filed
Post-Effective Amendment No. 21. Also pursuant to Rule 497(j) under the
Securities Act of 1933, as amended, the Statement of Additional Information
(SAI), dated December 15, 1997, for the above-named Funds does not differ from
the SAI in the most recently electronically filed Post-Effective Amendment
No. 21.
Sincerely,
/s/ Amy L. Mauk
Amy L. Mauk
Corporate Counsel
Charles Schwab Investment Management, Inc.
