Schwab ETFs Surpass $1 Billion

After launching just five months ago, Schwab ETFs have already surpassed $1 billion in assets. Introduced in November 2009, the Schwab exchange traded funds have enjoyed rapid adoption due to low operating expense ratios and commission-free online trading in Schwab accounts.

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Schwab Introduces Commission Free ETFs

Charles Schwab has entered the ETF market with a line-up of four commission free ETFs and plans to launch four more by year end. All eight ETFs have low expense ratios, no online trading commissions for Schwab clients and can be purchased in blocks as small as one share per trade.