Charles Schwab SCHW announced today the launch of Schwab ETF OneSource™ — a new ETF
platform that gives investors and advisors access to the most commission-free
ETFs anywhere in the industry^1.
Beginning today, Schwab clients can buy and sell 105 ETFs with $0 online trade
commissions. The offering spans major asset classes, with funds from leading
providers, including State Street SPDR® ETFs, Guggenheim Investments,
PowerShares, ETF Securities, United States Commodity Funds, and Charles Schwab
Investment Management.
“Just as Schwab Mutual Fund OneSource™ changed the landscape for investors and
advisors by providing convenient, affordable access to leading mutual funds
when Chuck Schwab introduced it twenty years ago, we believe Schwab ETF
OneSource will deliver enormous benefit and change the way our clients buy and
sell ETFs,” said Walt Bettinger, CEO of Charles Schwab.
Bettinger emphasized that Schwab clients who buy ETFs online through Schwab
ETF OneSource will pay exactly the same operating expense ratios (OERs) they
would elsewhere, but without paying a commission.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in