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:
Fund
Name Ticker
Morningstar Category IQ Chaikin U.S. Large Cap
ETF CLRG
Large Value John Hancock Multifactor Small Cap ETF
JHSC Small Blend JPMorgan
USD Emerging Markets Sovereign Bond ETF
JPMB Emerging Markets Bond Oppenheimer
Russell 1000 Dynamic Multifactor ETF
OMFL Large Blend WisdomTree Floating
Rate Treasury Fund USFR
Short Government WisdomTree Yield Enhanced U.S.
Short-Term Aggregate Bond Fund SHAG
Short-Term Bond Xtrackers Harvest CSI
300 China A-Shares ETF ASHR
China Region Xtrackers High Beta High Yield
Bond ETF HYUP
High Yield Bond Xtrackers Low Beta High Yield Bond ETF
HYDW High
Yield Bond Xtrackers MSCI EAFE High Dividend Yield Equity ETF
HDEF
Foreign Large Value Xtrackers Short Duration High Yield Bond ETF
SHYL High
Yield Bond
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.
About Schwab
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.
Disclosures
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 before investing.
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 LLC.
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 Member FINRA/SIPC.
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 results.
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 reserved.
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 Value
© 2018 Charles Schwab & Co., Inc., All rights reserved.
Member SIPC
(0718-8ZLJ)
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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version on businesswire.com: https://www.businesswire.com/news/home/20180710005992/en/
Charles SchwabMelanie Garvey,
415-667-0102melanie.garvey@schwab.com
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