Schwab Adds 16 ETFs to OneSource Lineup

|By:, SA News Editor

These new additions to Charles Schwab's (SCHW) commission free resource platform brings the total funds offered up to 121 and expands the range of available asset categories to include global multi-asset income, long-term corporate bonds, fundamentally weighted indexes, and asset allocation ETFs.

Vice President of ETF platform management, Beth Flynn, stated “we’re pleased to be adding to the range of funds and asset categories that we can offer commission-free, and continue to believe that this is just the beginning.”

New additions to the OneSource Lineup: HGI, BSJJ, BSJK, BSCL, BSCM, CBND, RLY, GAL, INKM, WDIV, FNDB, FNDX, FNDA, FNDF, FNDC, FNDE

Schwab's competition in the deep discount sector: E*TRADE Financial Corp. (ETFC), TD Ameritrade Holdings Corp. (AMTD), and Interactive Brokers Group (IBKR)