Charles Schwab announced today it is adding two new providers – Deutsche
Asset Management and John Hancock Investments – and 14 new ETFs to
Schwab ETF OneSource™, the program that offers investors and advisors
the most commission-free1 ETFs anywhere in the industry. With
this latest expansion, the program is broadening investor access in
several high-demand categories, including strategic beta and
currency-hedged ETFs.
Launched in February 2013, Schwab ETF OneSource is approaching its
three-year anniversary. With the new additions announced today, Schwab
ETF OneSource now allows investors and advisors to buy and sell 226 ETFs
covering 66 Morningstar Categories with $0 online commissions, no
enrollment requirements and no early redemption fees – key
differentiators for investors comparing Schwab ETF OneSource to other
commission-free ETF offerings.
Deutsche Asset Management and John Hancock Investments are the 15th
and 16th providers to join Schwab ETF OneSource, adding to a
roster of existing industry leaders that include: ALPS, Direxion, ETF
Securities, Global X Funds, Guggenheim Investments, IndexIQ, J.P. Morgan
Asset Management, PIMCO, PowerShares, ProShares, State Street SPDR®
ETFs, United States Commodity Funds LLC, WisdomTree and Charles Schwab
Investment Management.
John Hancock Investments is adding six strategic beta ETFs to the
program, all of which launched in September 2015. Deutsche Bank is also
adding six funds, five currency-hedged ETFs and one fixed income ETF.
Existing provider Guggenheim Investments will also be adding two ETFs,
both in the fixed income category. All 14 new ETFs will be available on
Schwab ETF OneSource beginning today.
The new funds added to Schwab ETF OneSource include:
Fund Name
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Ticker
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Morningstar Category
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Deutsche X-trackers MSCI EAFE Hedged Equity ETF
|
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DBEF
|
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Foreign Large Blend
|
Deutsche X-trackers MSCI Emerging Markets Hedged Equity ETF
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DBEM
|
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Diversified Emerging Mkts
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Deutsche X-trackers MSCI All World ex US Hedged Equity ETF
|
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DBAW
|
|
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Foreign Large Blend
|
Deutsche X-trackers MSCI Eurozone Hedged Equity ETF
|
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DBEZ
|
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Europe Stock
|
Deutsche X-trackers Municipal Infrastructure Revenue Bond ETF
|
|
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RVNU
|
|
|
Muni National Long
|
Deutsche X-trackers MSCI All World ex US High Dividend Yield Hedged
Equity ETF
|
|
|
HDAW
|
|
|
Foreign Large Value
|
Guggenheim BulletShares 2025 Corporate Bond ETF
|
|
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BSCP
|
|
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Corporate Bond
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Guggenheim BulletShares 2023 High Yield Corporate Bond ETF
|
|
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BSJN
|
|
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High Yield Bond
|
John Hancock Multifactor Consumer Discretionary ETF
|
|
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JHMC
|
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Consumer Cyclical
|
John Hancock Multifactor Financials ETF
|
|
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JHMF
|
|
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Financial
|
John Hancock Multifactor Healthcare ETF
|
|
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JHMH
|
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Health
|
John Hancock Multifactor Technology ETF
|
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JHMT
|
|
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Technology
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John Hancock Multifactor Large Cap ETF
|
|
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JHML
|
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Large-Cap Blend
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John Hancock Multifactor Mid Cap ETF
|
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JHMM
|
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Mid-Cap Blend
|
_________________________
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“We’re so pleased how Schwab ETF OneSource has been embraced by
investors and providers in our first three years,” said Heather Fischer,
Vice President of ETF Platform Management at Charles Schwab. “Our steady
and continued growth allows us to provide investors with more choice,
and today’s news is a good example of that. As interest and demand for
ETFs in categories such as currency-hedging and strategic beta
continues, we’re able to broaden access to more of those funds
commission-free.”
As of September 30, 2015, Schwab ETF OneSource has $44 billion in assets
under management and year-to-date flows into ETFs in the program are $9
billion.
A complete list of Schwab ETF OneSource ETFs is available here.
About Schwab ETF OneSource
Schwab ETF OneSource offers investors and advisors access to the most
commission-free ETFs anywhere in the industry. 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 Charles Schwab
At Charles 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.
More information is available at www.aboutschwab.com.
Follow us on Twitter,
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and LinkedIn.
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.
DISCLOSURES:
Investors should consider carefully information contained in the
prospectus, including investment objectives, risks, charges, and
expenses. You can obtain a prospectus by visiting schwab.com
or calling 800-435-4000. Please read the prospectus carefully before
investing.
Charles Schwab & Co., Inc. receives remuneration from third-party ETF
companies participating in Schwab ETF OneSource for recordkeeping,
shareholder services, and other administrative services, including
program development and maintenance.
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 are bought
and sold at market price, which may be higher or lower than the net
asset value (NAV).
Diversification strategies do not ensure a profit and do not protect
against losses in declining markets.
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.
“ETF Securities” is a registered trademark of ETF Securities Limited.
Global X Funds is a registered trademark of Global X Management Company
LLC. IndexIQ® is a registered trademark of IndexIQ. PowerShares® is a
registered trademark of Invesco PowerShares Capital Management LLC
(Invesco PowerShares). Invesco PowerShares and Invesco Distributors,
Inc. are indirect, wholly owned subsidiaries of Invesco Ltd. "SPDR" is a
registered trademark of Standard & Poor's Financial Services LLC ("S&P")
and has been licensed for use by State Street Corporation. No financial
product offered by State Street Corporation or its affiliates is
sponsored, endorsed, sold or promoted by S&P or its affiliates, and S&P
and its affiliates make no representation, warranty or condition
regarding the advisability of buying, selling or holding units/shares in
such products. USCF® and the United States Commodity Funds® are
registered trademarks of United States Commodity Funds LLC Limited
Liability Company Delaware. All rights reserved. WisdomTree Investments,
Inc., through its subsidiaries in the U.S. and Europe (collectively,
“WisdomTree”), is an exchange-traded fund (“ETF”) and exchange-traded
product (“ETP”) sponsor and asset manager headquartered in New York.
Deutsche X-trackers ETFs ("ETFs") are managed by DBX Advisors LLC (the
"Adviser"), and distributed by ALPS Distributors, Inc. (“ALPS”). The
Adviser is a subsidiary of Deutsche Bank AG, and is not affiliated with
ALPS. Deutsche X-trackers ETFs are not FDIC insured and there is no bank
guarantee and they may lose value. MSCI and MSCI Index are service marks
of MSCI Inc. (MSCI) and have been licensed for use by DBX. The ETFs are
not sponsored, endorsed, issued, sold or promoted by MSCI Inc. nor does
this company make any representation regarding the advisability of
investing in the 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
(“Charles Schwab”) (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” member
SIPC, www.sipc.org),
and 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.
© 2016 Charles Schwab & Co., Inc. Member SIPC.
(0115-7424)
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