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Schwab ETF OneSource™ Broadens Investor Choice with Additional Commission-Free ETFs

July 10, 2018

SAN FRANCISCO--(BUSINESS WIRE)--Jul 10, 2018--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.

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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180710005992/en/

CONTACT: Charles Schwab

Melanie Garvey, 415-667-0102

melanie.garvey@schwab.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES CONSULTING FINANCE

SOURCE: The Charles Schwab Corporation

Copyright Business Wire 2018.

PUB: 07/10/2018 03:44 PM/DISC: 07/10/2018 03:44 PM

http://www.businesswire.com/news/home/20180710005992/en

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