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Article: Charles Schwab Offers First Exchange Traded Funds ETFs That Trade Commission-Free Online at Schwab.
- Article from:
- Economics & Business Week
- Article date:
- November 21, 2009
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Charles Schwab, a marketplace leader of exchange traded funds, announced the launch of its first proprietary exchange-traded funds: eight new Schwab-managed ETFs with low operating expense ratios and commission-free online trading for clients in their Schwab accounts.
"Schwab has been an innovator on behalf of investors and savers for decades and has endeavored to help them become financially fit. Today, we continue this tradition by offering investors an exceptional value through low cost access to domestic and global equity markets," said Walt Bettinger, Schwab Chief Executive Officer. "Our low cost ETFs can be purchased and sold through Schwab.com commission ...