Shares of ETFs are bought and sold at market price, which may be higher or lower than the net asset value (NAV). Unlike mutual funds, shares of ETFs are not individually redeemable directly with the ETF. Investment returns will fluctuate and are subject to market volatility, so that an investor's shares, when redeemed or sold, may be worth more or less than their original cost. Please read it carefully before investing.
Investors should consider carefully information contained in the prospectus, or if available, the summary prospectus, including investment objectives, risks, charges and expenses. Schwab also may receive remuneration from transaction fee fund companies for certain administrative services. Charles Schwab & Co., Inc., member SIPC, receives remuneration from fund companies participating in the Mutual Fund OneSource service for recordkeeping and shareholder services and other administrative services. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds. Schwab's short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Mutual Fund OneSource ® service and held for 90 days or less. For each of these trade orders placed through a broker, a $25 service charge applies. Trades in no load funds available through Schwab's Mutual Fund OneSource ® service (including Schwab Funds), as well as certain other funds, are available without transaction fees when placed through or our automated phone channels. The amount of the fees is disclosed in the prospectus of each ETF.ģ. ("CSIM") serves as investment advisor to the Schwab ETFs, which compensate CSIM out of the applicable operating expense ratios. Schwab's affiliate Charles Schwab Investment Management, Inc.
Schwab does not receive payment to promote any particular ETF to its customers. Please see pricing guide for additional information. Unlisted ETFs are subject to a commission. exchange-listed can be traded without a commission on buy and sell transactions made online in a Schwab account.
See the Charles Schwab Pricing Guide for Individual Investors for full fee and commission schedules.Ģ. Exchange process, ADR, and Stock Borrow fees still apply. Service charges apply for trades placed through a broker ($25) or by automated phone ($5). Options trades will be subject to the standard $0.65 per-contract fee. Standard online $0 commission does not apply to over-the-counter (OTC) equities, transaction-fee mutual funds, futures, fixed-income investments, or trades placed directly on a foreign exchange or in the Canadian market. Understanding these principles can help you reach your financial goals.ġ.Schwab Live Webcasts and Special Events.$0 online listed equity trade commissions + Satisfaction Guarantee. Bond Funds, Bond ETFs, and Preferred Securities.ADRs, Foreign Ordinaries & Canadian Stocks.Benefits and Considerations of Mutual Funds.