15 June 2010 ~ 0 Comments

Schwab Cuts ETF Fees

Charles Schwab lowered the expense ratios on six of its eight exchange-traded funds according to the WSJ’s Daisy Maxey.

The funds and respective new fees include:

Schwab U.S. Broad Market ETF (SCHB) – 0.06%

Schwab Emerging Markets Equity ETF (SCHE) – 0.25%

Schwab U.S. Large-Cap Growth ETF (SCHG) – 0.13%

Schwab U.S. Large-Cap Value (SCHV) – 0.13%

Schwab U.S. Small-Cap (SCHA) – 0.13%

Schwab International Equity (SCHF) – 0.13%

According to Schwab, the ETFs offer the lowest expense ratios in their respective categories.

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