‘ Charles Schwab ’

Restrictive ETF classification proposal prompts fightback

May 18th, 2020 | By
A group of dominant asset managers is attempting to commandeer the ETF label.

A proposal by a cabal of dominant ETF issuers that calls on exchanges to adopt a new naming convention for exchange-traded products has prompted a backlash from smaller, innovative rivals who claim the move is anti-competitive.


Leveraged and inverse ETPs: Going, going, gone?

Apr 29th, 2020 | By
Day Hagan, Ned Davis Research launch risk-managed global ex-US sector ETF

By Emily Doak, Managing Director of ETF Research for Charles Schwab Investment Advisory.

The record volatility of 2020 has been accompanied by a higher than usual number of exchange-traded product closures, especially among leveraged and inverse products.


JP Morgan expands ‘BetaBuilders’ suite with US mid-cap equity ETF

Apr 15th, 2020 | By
JP Morgan converts $5.3bn ‘Research Enhanced’ mutual fund to an ETF

JP Morgan Asset Management has added to its ‘BetaBuilders’ suite of low-cost, passively managed ETFs with the launch of the JPMorgan BetaBuilders US Mid Cap Equity ETF (BBMC US) on NYSE Arca. The fund is linked to the Morningstar US Mid Cap Target Market Exposure Extended Index and provides investors with liquid, cost-effective access to mid-cap equities trading in the US. It comes with an expense ratio of 0.07%.


BNY Mellon introduces ultra-low-cost ETFs, including zero-fee funds

Apr 13th, 2020 | By
Mitchell Harris, Chief Executive Officer, BNY Mellon Investment Management

Financial services giant BNY Mellon has introduced a trio of ultra-low-cost ETFs, with five more launches planned for the coming weeks. The NYC-headquartered firm is well established in the ETF space as a custodian and administrator but this is the first time it has rolled out its own ETFs. Mitchell Harris, CEO of BNY Mellon Investment Management, said, “We are putting the entire firm to work for our clients to offer high-quality products at a very competitive fee level.”


SSGA adds seven ETFs to low-cost ‘SPDR Portfolio’ suite

Sep 20th, 2019 | By
Noel Archard, global head of SPDR product at SSGA

State Street Global Advisors (SSGA) has rebranded seven ETFs and reassigned them to its ‘SPDR Portfolio’ suite of ultra-low-cost ETFs. Noel Archard, Global Head of SPDR Product SSGA, commented, “The SPDR Portfolio suite was initially launched to give investors greater choice in low-cost ETFs. With today’s additions to the line-up, we’re offering investors more fixed income and international equity ETF options to help investors refine their asset allocations.”


Charles Schwab and Vanguard see massive inflows into US TIPS ETFs

Aug 29th, 2019 | By
CI Global launches floating rate income ETF on TSX

Two US-listed ETFs providing exposure to Treasury Inflation-Protected Securities (TIPS) are enjoying significant demand as investors position their portfolios to withstand the effects of future interest rate cuts.


Building a socially conscious investment portfolio

Aug 23rd, 2019 | By
Qontigo launches ESG-screened STOXX Factor Indices

By Michael Iachini, Vice President, Head of Manager Research for Charles Schwab Investment Advisory.

Once considered an investment fad, socially conscious investing is today a $12 trillion business with nearly 400 ETFs and mutual funds guided by socially responsible investing (SRI) strategies. What’s more, these funds have demonstrated they can keep up with – if not exceed – the performance of more traditional funds.


Three ways to build an all ETF portfolio

Jul 26th, 2019 | By
Index rebalancing during high volatility: A balancing act

By Michael Iachini, Vice President, Head of Manager Research for Charles Schwab Investment Advisory.

There are plenty of advantages in using ETFs to fill gaps in an investment portfolio, and lots of investors mix and match ETFs with mutual funds and individual stocks and bonds in their accounts. But it’s equally possible to build a complete portfolio out of nothing but ETFs, which in most cases track indexes.


Trading ETFs: A way to manage risk?

May 16th, 2019 | By
Randy Frederick, Vice President of Trading and Derivatives, Charles Schwab.

By Randy Frederick, Vice President of Trading and Derivatives, Charles Schwab.

Have you ever spent hours identifying a potential trade, only to see the stock drop on unexpected company news, be it a sudden CEO departure, a product recall, or a public inquiry? For traders who have a hard time stomaching such uncertainty, ETFs may be able to help.


Why an ETF’s past performance can be misleading

May 14th, 2019 | By
Charles Schwab shaves fees on five core fixed income ETFs

By Emily Doak, Managing Director of ETF Research for Charles Schwab Investment Advisory.

Even though funds are required by the US Securities and Exchange Commission (SEC) to include warnings that past performance is not a guarantee of future success, it’s difficult to ignore the performance information displayed prominently in charts and graphs, and, like sports fans, investors sometimes get caught up in the excitement swirling around a “winning” fund.