Schwab ETF Onesource™ Welcomes OppenheimerFunds to Commission-Free ETF Program

Assets in Largest Commission-Free ETF Program Grew by 34% in 2016

Wednesday, January 4, 2017 6:00 am PST

Dateline:

SAN FRANCISCO

Public Company Information:

NYSE:
SCHW
"We continue to broaden investor access across several high-demand categories such as socially conscious funds, strategic beta funds, bond ETFs and currency-hedged products."

SAN FRANCISCO--(BUSINESS WIRE)--Charles Schwab announced today that Schwab ETF OneSource™, the program that offers the most commission-free1 ETFs anywhere in the industry, is adding one new ETF provider – OppenheimerFunds – and twelve new ETFs to its line-up. With these additions, the program allows investors and advisors to buy and sell 228 ETFs covering 69 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.

Beginning today, four of the Oppenheimer Revenue Weighted ETF strategies are available to Schwab clients with $0 online trade commissions. OppenheimerFunds joins fifteen other leading ETF providers that participate in the Schwab ETF OneSource program. They include: ALPS, Deutsche Asset Management, Direxion, ETF Securities, Global X Funds, Guggenheim Investments, IndexIQ, John Hancock Investments, J.P. Morgan Asset Management, PIMCO, PowerShares, State Street SPDR® ETFs, USCF, WisdomTree and Charles Schwab Investment Management.

“Schwab ETF OneSource is growing in every way – we’ve added to both our provider and fund ranks in the last year, and continue to offer investors of all sizes the most choice when it comes to commission-free ETFs,” said Heather Fischer, Vice President of ETF Platform Management at Charles Schwab. “Our research indicates that investors and advisors are steadily allocating more of their portfolios to ETFs, and a broad selection of both ETF categories and ETF providers are critical criteria when evaluating ETFs that are available for zero commission online. Schwab ETF OneSource delivers on both, which explains the traction we’ve achieved in just four short years since launching the program.”

The new funds that are available effective today include:

Fund Name     Ticker    

Morningstar Category

Deutsche X-trackers FTSE Developed Ex US Comprehensive Factor ETF     DEEF     Foreign Large Blend
Deutsche X-trackers Russell 1000 Comprehensive Factor ETF DEUS Mid-Cap Blend
Guggenheim BulletShares 2024 High Yield Corp Bond ETF BSJO High Yield Bond
Guggenheim BulletShares 2026 Corp Bond ETF BSCQ Corporate Bond
JPMorgan Diversified Return US Mid Cap Equity ETF JPME Mid-Cap Blend
Oppenheimer Large Cap Revenue ETF RWL Large Value
Oppenheimer Mid Cap Revenue ETF RWK Mid-Cap Value
Oppenheimer Small Cap Revenue ETF RWJ Small Blend
Oppenheimer Ultra Dividend Revenue ETF RDIV Large Value
SPDR® MSCI EAFE StrategicFactors ETF QEFA Foreign Large Blend
SPDR S&P® North American Natural Resources ETF NANR Natural Resources
WisdomTree CBOE S&P 500 Put Write Strategy ETF PUTW Option Writing
 

Schwab ETF OneSource Assets Grew by 34% in 2016 2

Assets in Schwab ETF OneSource reached $65.4 billion as of November 30, 2016, growing by 34% in 2016. November year-to-date flows into ETFs in the program are $11.8 billion, representing 53% of the total ETF flows at Schwab.

Notable additions to the program in 2016 range from welcoming two new providers – John Hancock Investments and Deutsche Asset Management – to strengthening the line-up of socially conscious funds with the addition of SPDR® SSGA Gender Diversity ETF (SHE).

“In 2016 we expanded our product offering to meet ETF investor demands, including adding several new Morningstar categories,” said Fischer. “We continue to broaden investor access across several high-demand categories such as socially conscious funds, strategic beta funds, bond ETFs and currency-hedged products.”

The following funds were added to Schwab ETF OneSource since January 4, 2016:

Effective October 1, 2016        
Fund Name     Ticker     Morningstar Category
IQ Enhanced Core Bond US ETF AGGE Intermediate-Term Bond
IQ Enhanced Core Plus Bond US ETF AGGP Intermediate-Term Bond
John Hancock Multifactor Consumer Staples ETF JHMS Consumer Defensive
John Hancock Multifactor Energy ETF JHME Equity Energy
John Hancock Multifactor Industrials ETF JHMI Industrials
John Hancock Multifactor Materials ETF JHMA Natural Resources
John Hancock Multifactor Utilities ETF JHMU Utilities
SPDR® Dorsey Wright Fixed Income Allocation ETF DWFI Long-Term Bond
SPDR® MSCI USA StrategicFactors ETF QUS Large Blend
SPDR® S&P 500 High Dividend ETF SPYD Large Value
SPDR® Wells Fargo Preferred Stock ETF PSK Preferred Stock
 
Effective July 1, 2016
Fund Name     Ticker     Morningstar Category
JPMorgan Diversified Return International Currency Hedged ETF JPIH Foreign Large Blend
SPDR® SSGA Gender Diversity ETF SHE Large Blend
WisdomTree Barclays US Aggregate Bond Enhanced Yield ETF AGGY Intermediate-Term Bond
WisdomTree Dynamic Currency Hedged International Equity ETF DDWM Foreign Large Value
WisdomTree Dynamic Long/Short US Equity ETF DYLS Long-Short Equity
 
Effective April 1, 2016
Fund Name     Ticker     Morningstar Category
JPMorgan Diversified Return Europe Equity ETF JPEU Europe Stock
JPMorgan Diversified Return US Equity ETF JPUS Large Blend
SPDR® Bloomberg Barclays Investment Grade Floating Rate ETF FLRN Short-Term Bond
SPDR® Dow Jones International Real Estate ETF RWX Global Real Estate
SPDR® S&P 500 Fossil Fuel Reserves Free ETF SPYX Large Blend
 
Effective January 4, 2016
Fund Name     Ticker     Morningstar Category
Deutsche X-trackers Municipal Infrastructure Revenue Bond ETF RVNU Muni National Long
Deutsche X-trackers MSCI All World ex US Hedged Equity ETF DBAW Foreign Large Blend
Deutsche X-trackers MSCI All World ex US High Dividend Yield Hedged Equity ETF HDAW Foreign Large Value
Deutsche X-trackers MSCI EAFE Hedged Equity ETF DBEF Foreign Large Blend
Deutsche X-trackers MSCI Emerging Markets Hedged Equity ETF DBEM Diversified Emerging Markets
Deutsche X-trackers MSCI Eurozone Hedged Equity ETF DBEZ Europe Stock
Guggenheim BulletShares 2023 High Yield Corporate Bond ETF BSJN High Yield Bond
Guggenheim BulletShares 2025 Corporate Bond ETF BSCP Corporate Bond
John Hancock Multifactor Consumer Discretionary ETF JHMC Consumer Cyclical
John Hancock Multifactor Financials ETF JHMF Financial
John Hancock Multifactor Healthcare ETF JHMH Heath
John Hancock Multifactor Large Cap ETF JHML Large-Cap Blend
John Hancock Multifactor Mid Cap ETF JHMM Mid-Cap Blend
John Hancock Multifactor Technology ETF JHMT Technology
 

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, Facebook, YouTube 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.

2 Source: Charles Schwab & Co., from 1/1/16 -11/30/16

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.

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.

“ETF Securities” is a registered trademark of ETF Securities Limited.

Global X Funds is a registered trademark of Global X Management Company LLC.

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 SEI Investments Distribution Co., which is not affiliated with JPMorgan Chase & Co. or any of its affiliates. SEI Investments Distribution Co. is a member of FINRA/SIPC.

MainStay Investments® is a registered service mark and name under which New York Life Investment Management LLC does business. MainStay Investments, an indirect subsidiary of New York Life Insurance Company, New York, NY 10010, provides investment advisory products and services. 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., using revenues as a weighting measure), while designed to enhance potential returns, may not produce the desired results.

PowerShares® is a registered trademark of Invesco PowerShares Capital Management LLC, investment adviser. Invesco PowerShares Capital Management LLC (PowerShares) and Invesco Distributors, Inc., ETF distributor, 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., 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.

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” 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.

© 2017 Charles Schwab & Co., Inc. Member SIPC.

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Contact:

Charles Schwab
Erin Montgomery, 212-403-9271
Erin.Montgomery@schwab.com

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