Last quarter hit both
Charles Schwab's proprietary and
OneSource mutual fund assets. Yet neither asset level dipped as much as the markets did. Today the San Francisco-based brokerage giant
revealed that its proprietary Schwab and
Laudus fund assets fell six percent over the second quarter (from March 31 to June 30) to $195.4 billion and its OneSource fund supermarket assets fell five percent to $177.2 billion, even as the Dow and S&P 500 fell 10.39 percent and 12.15 percent over the same period.
Fundsters interested in all of Schwab's Mutual Fund Marketplace or its proprietary fund business may want to take a look at Schwab's full Q2 earnings report. 
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