The Schwab Target 2060 Fund (SWPRX) is a mutual fund that aims to provide long-term growth and capital appreciation for investors who have a target retirement date of 2060. This fund is managed by Charles Schwab Investment Management and invests in a diversified portfolio of stocks and bonds, with a focus on growth-oriented investments. It is designed for investors with a long-term investment horizon and a higher risk tolerance. SWPRX offers a low-cost option for those looking to save for retirement in the year 2060.