Assets in Commission-Free ETF Program Surpassed $100 Billion in 2017
Charles Schwab announced that Schwab ETF OneSource™, one of the largest
commission-free ETF programs in the industry, is adding twelve new ETFs
to its lineup effective today. With these additions, investors and
advisors can access 254 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.
Schwab ETF OneSource offers commission-free ETFs from 16 leading
providers – ALPS, Deutsche Asset Management, Direxion, ETF Securities,
Global X Funds, Guggenheim Investments, IndexIQ, John Hancock
Investments, J.P. Morgan Asset Management, OppenheimerFunds, PIMCO,
PowerShares, State Street Global Advisors SPDR® ETFs, USCF, WisdomTree
and Charles Schwab Investment Management.
Today, seven of these providers are adding new funds to Schwab’s
commission-free online ETF program. Notably, PIMCO is doubling the
amount of ETFs they offer with the addition of three multi-factor
products.
“As we approach the five-year anniversary of ETF OneSource, we’re
incredibly proud of the growth this program has achieved and that it
continues to capture investor interest,” said Heather Fischer, vice
president of ETF & mutual fund platforms and client solutions strategy
at Charles Schwab. “According to our research, trading ETFs without
commissions or other fees continues to grow in importance for investors,
so we’re thrilled to continuously expand our selection of ETFs. The fact
that ETF providers continue to see value in the program is demonstrated
by the ETFs they’ve continued to add to our program.”
The new funds that are available beginning today include:
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Fund Name
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Ticker
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Morningstar Category
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Xtrackers MSCI All China Equity ETF
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CN
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China Region
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Xtrackers MSCI Germany Hedged Equity ETF
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DBGR
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Miscellaneous Region
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Global X U.S. Preferred ETF
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PFFD
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Preferred Stock
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Guggenheim BulletShares 2025 High Yield Corporate Bond ETF
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BSJP
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High Yield Bond
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Guggenheim BulletShares 2027 Corporate Bond ETF
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BSCR
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Corporate Bond
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IQ Chaikin U.S. Small Cap ETF
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CSML
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Small Blend
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PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF
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MFEM
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Diversified Emerging Markets
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PIMCO RAFI Dynamic Multi-Factor International Equity ETF
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MFDX
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Foreign Large Blend
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PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF
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MFUS
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Large Blend
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SPDR® Bloomberg Barclays Emerging Markets Local Bond ETF
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EBND
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Emerging-Markets Local-Currency Bond
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SPDR® EURO STOXX Small Cap ETF
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SMEZ
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Europe Stock
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WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
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XSOE
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Diversified Emerging Markets
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Schwab ETF OneSource Assets Grew by 47% in 2017
2
Assets in Schwab ETF OneSource surpassed $100 billion as of November 30,
2017, growing by 47% in 2017. November year-to-date flows into ETFs in
the program are $21.5 billion, representing 49% of the total ETF flows
at Schwab.
Notable additions to the program in 2017 range from welcoming a new
provider – OppenheimerFunds – to adding nearly 30 ETFs in popular
categories such as strategic beta and international equity.
The following funds were added to Schwab ETF OneSource in 2017:
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Effective October 11, 2017
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Fund Name
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Ticker
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Morningstar Category
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Schwab 1000 Index® ETF
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SCHK
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Large Blend
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Effective July 6, 2017
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Fund Name
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Ticker
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Morningstar Category
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Xtrackers FTSE Emerging Comprehensive Factor ETF
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DEMG
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Diversified Emerging Markets
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Xtrackers Japan JPX-Nikkei 400 Equity ETF
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JPN
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Japan Stock
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Xtrackers USD High Yield Corporate Bond ETF
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HYLB
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High Yield Bond
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Global X MLP & Energy Infrastructure ETF
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MLPX
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Energy Limited Partnership
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Global X Robotics & Artificial Intelligence ETF
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BOTZ
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Miscellaneous Sector
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Guggenheim S&P High Income Infrastructure ETF
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GHII
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Infrastructure
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IQ S&P High Yield Low Volatility Bond ETF
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HYLV
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High Yield Bond
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John Hancock Multifactor Developed International ETF
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JHMD
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Foreign Large Blend
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JPMorgan Diversified Return Europe Currency Hedged ETF
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JPEH
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Europe Stock
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SPDR® Long Dollar Gold Trust
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GLDW
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Commodities Precious Metals
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SPDR® Russell 1000 Low Volatility Focus ETF
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ONEV
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Mid-Cap Blend
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SPDR® Russell 1000 Momentum ETF
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ONEO
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Mid-Cap Blend
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SPDR® Russell 1000 Yield ETF
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ONEY
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Mid-Cap Value
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United States Copper Index
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CPER
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Commodities Industrial Metals
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WisdomTree Continuous Commodity Index ETF
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GCC
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Commodities Broad Basket
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Effective April 4, 2017
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Fund Name
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Ticker
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Morningstar Category
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Global X Conscious Companies ETF
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KRMA
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Large Blend
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Guggenheim S&P 500® Equal Weight Real Estate ETF
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EWRE
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Real Estate
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JPMorgan Diversified Return U.S. Small Cap Equity ETF
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JPSE
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Small Blend
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Oppenheimer ESG Revenue ETF
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ESGL
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Large Blend
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Oppenheimer Global ESG Revenue ETF
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ESGF
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World Large Stock
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United States Brent Oil Fund
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BNO
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Commodities Energy
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Effective January 4, 2017
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Fund Name
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Ticker
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Morningstar Category
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Xtrackers FTSE Developed Ex US Comprehensive Factor ETF
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DEEF
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Foreign Large Blend
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Xtrackers Russell 1000 Comprehensive Factor ETF
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DEUS
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Mid-Cap Blend
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Guggenheim BulletShares 2024 High Yield Corp Bond ETF
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BSJO
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High Yield Bond
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Guggenheim BulletShares 2026 Corp Bond ETF
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BSCQ
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Corporate Bond
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JPMorgan Diversified Return US Mid Cap Equity ETF
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JPME
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Mid-Cap Blend
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Oppenheimer Large Cap Revenue ETF
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RWL
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Large Value
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Oppenheimer Mid Cap Revenue ETF
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RWK
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Mid-Cap Value
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Oppenheimer Small Cap Revenue ETF
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RWJ
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Small Blend
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Oppenheimer Ultra Dividend Revenue ETF
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RDIV
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Large Value
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SPDR® MSCI EAFE StrategicFactors ETF
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QEFA
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Foreign Large Blend
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SPDR S&P® North American Natural Resources ETF
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NANR
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Natural Resources
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WisdomTree CBOE S&P 500 PutWrite Strategy ETF
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PUTW
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Option Writing
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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 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.
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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.
2 Source: Charles Schwab & Co., Inc., from 1/1/17 -11/30/17
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 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.
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” is a registered trademark of ETF Securities Limited.
Global X Funds is a registered trademark of Global X Management Company
LLC.
Guggenheim Investments is the global asset management and investment
advisory division of Guggenheim Partners, with $243 billion in assets
across fixed income, equity, and alternative strategies. We focus on the
return and risk needs of insurance companies, corporate and public
pension funds, sovereign wealth funds, endowments and foundations,
consultants, wealth managers, and high-net-worth investors. Our 275+
investment professionals perform rigorous research to understand market
trends and identify undervalued opportunities in areas that are often
complex and underfollowed. This approach to investment management has
enabled us to deliver innovative strategies providing diversification
and attractive long-term results.
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/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.
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LLC (S&P) and has been licensed for use by State Street Corporation.
State Street Corporation’s financial products are not sponsored,
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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® 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. WisdomTree Funds are
distributed by Foreside Fund Services, LLC in the U.S. only.
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