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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.
Reported by Fred Schneyer
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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