MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, February 9, 2009 A Brokerage Giant Prepares an ETF of Its Own Barclays Global Investors may soon have ETF competition from a financial giant in its own backyard. On January 30, San Francisco-based Charles Schwab filed with the SEC to get the appropriate '40 Act exemption to launch its own exchanged-traded fund under the umbrella of the new Schwab Strategic Trust, tracking the Dow Jones U.S. Total Stock Market Index. The filing reveals no specific fees for the new ETF. IndexUniverse.com's Heather Bell first broke the news of the filing. Printed from: MFWire.com/story.asp?s=20703 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |