Charles Schwab announced that Schwab ETF OneSource™, one of the largest
commission-free exchange-traded fund (ETF) programs in the industry,1
added 11 additional ETFs to its offering effective July 3. With these
additions, investors and advisors can access 265 ETFs covering 70
Morningstar Categories with $0 online commissions, no enrollment
requirements and no early redemption fees.
“Accessing a broad range of commission-free ETFs is critical for
investors, and we are pleased to add even more choice to Schwab ETF
OneSource to meet investor demand for a diverse offering of ETFs across
Morningstar categories,” said Heather Fischer, vice president of ETF and
mutual fund platforms at Schwab. “Our 2018 ETF
Investor Study showed that 64 percent of investors say that the
ability to trade ETFs without commissions is important to them, and 54
percent of Millennial investors agree.”
The 11 new additions cover a range of categories including domestic
equities, fixed income and international equities. Six of the additions
fall into the taxable bond category.
The funds added to Schwab ETF OneSource on July 3 include:
Schwab ETF OneSource offers commission-free ETFs from 15 leading
providers: ALPS, Deutsche Asset Management, Direxion, ETF Securities,
Global X Funds, IndexIQ, Invesco, John Hancock Investments, J.P. Morgan
Asset Management, OppenheimerFunds, PIMCO, State Street Global Advisors
SPDR® ETFs, USCF, WisdomTree and Charles Schwab Investment Management.
A complete list of Schwab ETF OneSource ETFs is available here.
About Schwab ETF OneSource
Schwab ETF OneSource offers investors and advisors access to 200+
commission-free ETFs. Commission-free online trading is available to
individual investors at Schwab, to approximately 7,000 independent
investment advisors who use Schwab’s custodial services and through
Schwab retirement accounts that permit trading of ETFs.
Schwab offers a range of resources to help clients choose ETFs that fit
their investment needs, including the Schwab ETF Select List™,
tutorials, education, research and tools available via Schwab’s online
ETF center, and live events at local Schwab branches.
At Schwab, we believe in the power of investing to help individuals
create a better tomorrow. We have a history of challenging the status
quo in our industry, innovating in ways that benefit investors and the
advisors and employers who serve them, and championing our clients’
goals with passion and integrity.
Investors should consider carefully information contained in the
prospectus or, if available, the summary prospectus, including
investment objectives, risks, charges, and expenses. You can request a
prospectus by calling Schwab at 1?800?435?4000. Please read it carefully
Investment returns will fluctuate and are subject to market volatility,
so that an investor’s shares, when redeemed or sold, may be worth more
or less than their original cost. Unlike mutual funds, shares of ETFs
are not individually redeemable directly with the ETF. Shares of ETFs
are bought and sold at market price, which may be higher or lower than
the net asset value (NAV).
DBX Advisors LLC (DBX) is the investment adviser to the Xtrackers ETFs,
which are distributed by ALPS Distributors, Inc. (ALPS). DBX is an
indirect, wholly-owned subsidiary of Deutsche Bank AG, neither of which
is affiliated with ALPS. Xtrackers ETFs are not FDIC insured and there
is no bank guarantee and they may lose value.
“ETF Securities” are managed or sponsored by wholly owned subsidiaries
of Aberdeen Asset Management Inc.
Global X Funds is a registered trademark of Global X Management Company
Invesco Capital Management LLC (investment adviser) and Invesco
Distributors, Inc. (ETF distributor) are indirect, wholly owned
subsidiaries of Invesco Ltd.
John Hancock ETFs are distributed by Foreside Fund Services, LLC, and
are subadvised by Dimensional Fund Advisors LP. Foreside is not
affiliated with John Hancock Funds, LLC or Dimensional Fund Advisors LP.
J.P. Morgan Exchange-Traded Funds are distributed by JPMorgan
Distribution Services, Inc., which is affiliated with JPMorgan Chase &
Co JPMorgan Distribution Services, Inc. is a member of FINRA.
IndexIQ® is an indirect wholly owned subsidiary of New York Life
Investment Management Holdings LLC. ALPS Distributors, Inc. (ALPS) is
the principal underwriter of the ETFs. NYLIFE Distributors LLC is a
distributor of the ETFs and the principal underwriter of the IQ Hedge
Multi-Strategy Plus Fund. NYLIFE Distributors LLC is located at 30
Hudson Street, Jersey City, NJ 07302. ALPS Distributors, Inc. is not
affiliated with NYLIFE Distributors LLC. NYLIFE Distributors LLC is a
Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc.
Alternative weighting approaches (i.e., factor weighting as a measure),
while designed to enhance potential returns, may not produce the desired
Standard & Poor’s®, S&P® and SPDR® are registered trademarks of Standard
& Poor’s Financial Services LLC (S&P); Dow Jones is a registered
trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these
trademarks have been licensed for use by S&P Dow Jones Indices LLC
(SPDJI) and sublicensed for certain purposes by State Street
Corporation. State Street Corporation’s financial products are not
sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their
respective affiliates and third party licensors and none of such parties
make any representation regarding the advisability of investing in such
product(s) nor do they have any liability in relation thereto, including
for any errors, omissions, or interruptions of any index.
USCF®, the United States Commodity Funds®, INVEST IN WHAT’S REAL® are
registered trademarks of United States Commodity Funds LLC. All rights
WisdomTree Investments, Inc., through its subsidiaries in the U.S.,
Europe, Japan and Canada (collectively, “WisdomTree”), is an
exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor
and asset manager headquartered in New York. WisdomTree Funds are
distributed by Foreside Fund Services, LLC in the U.S. only.
Schwab ETFs are distributed by SEI Investments Distribution Co. (SIDCO).
SIDCO is not affiliated with The Charles Schwab Corporation or any of
its affiliates. Learn more at schwab.com/Schwab ETFs.
Charles Schwab Investment Management, Inc. is the investment advisor for
Schwab ETFs and an affiliate of the Charles Schwab Corporation.
Through its operating subsidiaries, The Charles Schwab Corporation
(NYSE:SCHW) provides a full range of securities brokerage, banking,
money management and financial advisory services to individual investors
and independent investment advisors. Its broker-dealer subsidiary,
Charles Schwab & Co., Inc. (Schwab), and its affiliates offer a complete
range of investment services and products including an extensive
selection of mutual funds; financial planning and investment advice;
retirement plan and equity compensation plan services; compliance and
trade monitoring solutions; referrals to independent fee-based
investment advisors; and custodial, operational and trading support for
independent, fee-based investment advisors through Schwab Advisor
Services. Its banking subsidiary, Charles Schwab Bank (member FDIC and
an Equal Housing Lender), provides banking and lending services and
products. More information is available at www.schwab.com and www.aboutschwab.com.
Brokerage Products: Not FDIC Insured • No Bank Guarantee • May Lose
© 2018 Charles Schwab & Co., Inc., All rights reserved. Member SIPC
1 Conditions Apply: Trades in ETFs available through Schwab
ETF OneSource™ (including Schwab ETFs™) are available without
commissions when placed online in a Schwab account. Service charges
apply for trade orders placed through a broker ($25) or by automated
phone ($5). An exchange processing fee applies to sell transactions.
Certain types of Schwab ETF OneSource transactions are not eligible for
the commission waiver, such as short sells and buys to cover (not
including Schwab ETFs). Schwab reserves the right to change the ETFs we
make available without commissions. All ETFs are subject to management
fees and expenses. Please see Charles
Schwab Pricing Guide for additional information.
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