Charles Schwab (SCHW) announced recently they have added 14 commission-free ETFs to Schwab ETF OneSource. Deutsche Asset Management and John Hancock Investments are the two newest providers added to Schwab ETF OneSource. This makes 16 different providers who have joined Schwab ETF OneSource.
John Hancock Investments has added six strategic ETFs, all of which were launched in September 2015. Deutsche will be adding six funds, five currency-hedged ETFs and one fixed income ETF. Existing provider Guggenheim Investments has added two fixed income ETFS as well.
Schwab ETF OneSource was launched in February 2013, and now offers an industry leading 226 ETFs commission free ETFs to investors. That figure is more than double the number of commission-free ETFs offered by any other online broker.
Heather Fischer, Vice President of ETF Platform Management at Charles Schwab said, “As interest and demand for ETFs in categories such as currency-hedging and strategic beta continues, we’re able to broaden access to more of those funds commission-free”