ALPS, a DST Company announced that the Sprott Gold Miners
Exchange-Traded Fund (ETF) (NYSE: SGDM) is available on Schwab ETF
OneSource™ – the program that provides investors and advisors with
access to the most commission-free ETFs1 in the industry.
The industry’s first factor-based gold mining ETF, the Sprott Gold
Miners ETF, was created with Sprott Asset Management LP, a globally
renowned investor in precious metals. With its addition to the Schwab
ETF OneSource lineup, Schwab clients will be able to buy and sell six
ALPS-distributed ETFs with zero online trade commissions.
ALPS is a comprehensive financial services company with a strong track
record of innovation in the asset management, asset servicing, and asset
gathering business. The fourth largest distributor of ETFs in the U.S.,
ALPS specializes in satellite and non-traditional asset classes,
including Alternative Income, Private Equity, Commodities, and Master
Limited Partnerships (MLPs).
“By expanding our Schwab ETF OneSource lineup to include the Sprott Gold
Miners ETF, we can offer the strategy to a wider range of investors
without commissions,” says Jeremy Held, Director of Product Distribution
at ALPS. “All ALPS ETFs are designed to provide investors with exposure
to attractive investment themes, and we expect to bring more innovative
solutions to the market this year.”
Schwab ETF OneSource offers investors more than 200 ETFs spanning 66
Morningstar Categories without any trade commissions, early redemption
fees or enrollment requirements.1
“We are very pleased with the growing interest in Sprott Gold Miners
ETF,” said John Ciampaglia, Head of ETFs at Sprott. “The fund’s addition
to the Schwab ETF OneSource platform will only enhance that interest.”
A complete list of Schwab ETF OneSource ETFs is available at Schwab.com.
For more information on the Sprott Gold Miners ETF, visit www.alpsfunds.com.
About ALPS
Through its subsidiary companies, ALPS Holdings, Inc. is a leading
provider of innovative investment products and customized servicing
solutions to the financial services industry. Founded in 1985,
Denver-based ALPS delivers its Asset Gathering and Asset Servicing
Solutions through offices in Boston, New York, Seattle, and Toronto.
ALPS is a wholly owned subsidiary of Kansas City-based DST Systems, Inc.
For more information about ALPS and its services, visit www.alpsinc.com.
Information about ALPS products is available at www.alpsfunds.com.
About DST
DST Systems, Inc. is a leading provider of sophisticated information
processing and servicing solutions to companies around the world.
Through its global enterprise, DST delivers strategically unified
transactions and business processing, data management, and customer
communications solutions to the asset management, brokerage, retirement,
and healthcare markets. Headquartered in Kansas City, MO., DST is a
publicly traded company on the New York Stock Exchange. For more
information, visit www.dstsystems.com.
About Schwab ETF OneSource
Schwab ETF OneSource offers investors and advisors access to the most
commission-free ETFs anywhere in the industry. As of April 30, 2015,
Schwab ETF OneSource has $44 billion in assets under management.
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.
1Conditions 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 it makes available
without commissions. ETFs are subject to management fees and expenses.
Please see the Charles Schwab Pricing Guide for additional information.
Important Disclosures and Definitions
An investor should consider the investment objectives, risks,
charges, and expenses carefully before investing. To obtain a
prospectus, which contains this and other information, please contact
your financial professional or call 1.855.215.1425. Read the prospectus
carefully before investing.
Sprott Gold Miners ETF shares are not individually redeemable.
Investors buy and sell shares of the Sprott Gold Miners ETF on a
secondary market. Only market makers or “authorized participants” may
trade directly with the Fund, typically in blocks of 50,000 shares.
The Fund is not suitable for all investors. There are risks involved
with investing in ETFs including the loss of money. The Fund is
considered non-diversified and can invest a greater portion of assets in
securities of individual issuers than a diversified fund. As a result,
changes in the market value of a single investment could cause greater
fluctuations in share price than would occur in a diversified fund.
The Fund is concentrated in the gold and silver mining industry. As a
result, the Fund will be sensitive to changes in, and its performance
will depend to a greater extent on, the overall condition of the gold
and silver mining industry. Also, gold and silver mining companies are
highly dependent on the price of gold and silver bullion. These prices
may fluctuate substantially over short periods of time so the Fund’s
Share price may be more volatile than other types of investments.
Funds that emphasize investments in small/mid cap companies will
generally experience greater price volatility.
Funds investing in foreign and emerging markets will also generally
experience greater price volatility.
The Sprott Gold Miners ETF is a new product with a limited operating
history.
ALPS Portfolio Solutions Distributor, Inc. is not affiliated with
Sprott Asset Management LP or Schwab ETF OneSource.
ALPS Portfolio Solutions Distributor, Inc. is the Distributor for the
Sprott Gold Miners ETF.
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