For more stories like this, sign up for the PLANADVISERdash daily newsletter.
Products June 14, 2010
Schwab Cuts ETF Expense Ratios
Charles Schwab has slashed operating expense ratios on six of eight Schwab ETFs.
Reported by Fred Schneyer
The six ETFs include:
- Schwab U.S. Broad Market ETF from 0.08% to 0.06%
- Schwab U.S. Large-Cap Growth ETF from 0.15% to 0.13%
- Schwab U.S. Large-Cap Value ETF from 0.15% to 0.13%
- Schwab U.S. Small-Cap ETFfrom 0.15% to 0.13%
- Schwab International Equity ETF from 0.15% to 0.13%
- Schwab Emerging Markets Equity ETF from 0.35% to 0.25%
Commission-free online trading of Schwab ETFs is available to individual investors at Schwab, to the more than 6,000 independent investment adviser firms who use Schwab’s custodial services through Schwab Advisor Services and through Schwab retirement accounts that permit trading of ETFs, the company said.
You Might Also Like:
Addressing Changing Attitudes Toward Retirement Planning
Today’s savers are preparing for retirement differently from their parents and grandparents, Nationwide finds.
American Funds Maintains Largest TDF Inflows in 2023
The TDF manager brought $19.8 billion into its TDF investments in 2023, highest among U.S. managers.
Retirement Plan Aggregators Bring CITs to Small, Mid-Market Plans
The rise of CITs continues to erode mutual fund dominance in the DC market, according to the latest Cerulli data.