Products June 14, 2010

Schwab Cuts ETF Expense Ratios

June 14, 2010 (PLANSPONSOR.com) – Charles Schwab has slashed operating expense ratios (OERs) on six of eight Schwab ETFs.
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The six ETFs include:

  • Schwab U.S. Broad Market ETF from 0.08% to 0.06%
  • Schwab U.S. Large-Cap Growth ETF from 0.15% to 0.13%
  • Schwab U.S. Large-Cap Value ETF from 0.15% to 0.13%
  • Schwab U.S. Small-Cap ETFfrom 0.15% to 0.13%
  • Schwab International Equity ETF from 0.15% to 0.13%
  • Schwab Emerging Markets Equity ETF from 0.35% to 0.25%

“Schwab is committed to providing investors with the building blocks for a well-diversified portfolio…,” said Peter Crawford, senior vice president, Investment Management Services at Charles Schwab, in the announcement.

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