The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Is Your ETF on Schwab's List? Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, March 10, 2011

Is Your ETF on Schwab's List?

Reported by Armie Margaret Lee

Charles Schwab Investment Advisory Corp. unveiled a select list of 48 ETFs, 11 of which are Schwab's proprietary ETFs, InvestmentNews' Jessica Toonkel reports. The list is geared towards retail investors and the San Francisco firm is mulling over the possibility of crafting lists for active traders or more sophisticated investors.

Schwab used criteria such as tracking error, cost of ownership and bid/ask volatility. An ETF needs to have assets of at least $20 million to be considered for the list.

Asked about the inclusion of Schwab's own ETFs, Michael Iancini, director of investment manager research at Charles Schwab Investment Advisory Inc., pointed out that his unit was the one who made the selection.

"We have a fiduciary duty to the client," he told Toonkel.

Ianchini also noted that Schwab's ETFs are commission-free, making them cheaper than other ETFs on the Schwab platform. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use