E*TRADE Expands Lineup of Funds with 47 More Commission-Free ETFs and 1,900 More NTF Mutual Funds
February 24 2017 - 8:05AM
Business Wire
Customers can build customized, diversified
portfolios made entirely of commission-free ETFs
Additional no-transaction-fee (NTF) mutual
funds position E*TRADE as an industry leader1 in the no-load, NTF
category
E*TRADE Financial Corporation (NASDAQ:ETFC) today announced a
significant expansion of its commission-free ETF and NTF mutual
fund lineup:
- E*TRADE now offers a total of 133
commission-free ETFs and more than 4,400 NTF mutual funds.
- Since January 3, 2017, E*TRADE has
added 1,900 no-load or load waived, no-transaction-fee mutual
funds, along with five new ETF providers offering certain
commission-free ETFs— ETF Securities, Guggenheim Investments,
IndexIQ, John Hancock, and J.P. Morgan—totaling 47 new
commission-free ETFs altogether.
“The shift towards passively managed index funds and ETFs has
accelerated in recent years due in part to investors’ appetite for
lower cost products, understanding that fees can have an impact on
their portfolio over time,” said Rich Messina, SVP of Investment
Product Management at E*TRADE Financial. “We aim to provide a wide
variety of passive and active products to help customers meet their
needs.”
Commission-free ETFs added to the E*TRADE platform are listed
below.
Fund Name Ticker ETFS
Physical Precious Metals Basket Shares GLTR
ETFS Physical Swiss Gold Shares SGOL
ETFS Physical Silver Shares SIVR
Guggenheim S&P 500® Equal
Weight ETF RSP Guggenheim MSCI Emerging
Markets Equal Country Weight EWEM
Guggenheim S&P MidCap 400®
Equal Weight ETF EWMC Guggenheim
S&P Small Cap 600® Equal Weight
ETF EWSC Guggenheim S&P
500® Equal Weight Consumer Discretionary
ETF RCD Guggenheim S&P
500® Equal Weight Consumer Staples
ETF RHS Guggenheim S&P
500® Equal Weight Energy ETF
RYE Guggenheim S&P 500®
Equal Weight Financials ETF RYF
Guggenheim S&P 500® Equal
Weight Health Care ETF RYH Guggenheim
S&P 500® Equal Weight Industrials
ETF RGI Guggenheim S&P
500® Equal Weight Materials ETF
RTM Guggenheim S&P 500®
Equal Weight Real Estate ETF EWRE
Guggenheim S&P 500® Equal
Weight Technology ETF RYT Guggenheim
S&P 500® Equal Weight Utilities
ETF RYU Guggenheim Total Return Bond
ETF GTO Guggenheim S&P High Income
Infrastructure ETF GHII IQ Hedge
Multi-Strategy Tracker ETF QAI IQ Merger
Arbitrage ETF MNA IQ Enhanced Core Bond
U.S. ETF AGGE IQ Enhanced Core Plus Bond
U.S. ETF AGGP IQ 50 Percent Hedged FTSE
International ETF HFXI IQ 50 Percent
Hedged FTSE Europe ETF HFXE IQ 50 Percent
Hedged FTSE Japan ETF HFXJ IQ Global
Resources ETF GRES IQ US Real Estate
Small Cap ETF ROOF John Hancock
Multifactor Large Cap ETF JHML John
Hancock Multifactor Mid Cap ETF JHMM John
Hancock Multifactor Consumer Discretionary ETF
JHMC John Hancock Multifactor Consumer Staples
ETF JHMS John Hancock Multifactor Energy
ETF JHME John Hancock Multifactor
Financials ETF JHMF John Hancock
Multifactor Healthcare ETF JHMH John
Hancock Multifactor Industrials ETF JHMI
John Hancock Multifactor Materials ETF
JHMA John Hancock Multifactor Technology
ETF JHMT John Hancock Multifactor
Utilities ETF JHMU JPMorgan Diversified
Return Emerging Markets Equity ETF JPEM
JPMorgan Diversified Return Global Equity ETF
JPGE JPMorgan Diversified Return International
Equity ETF JPIN JPMorgan Diversified
Return U.S. Equity ETF JPUS JPMorgan
Diversified Return Europe Equity ETF JPEU
JPMorgan Diversified Return Europe Currency Hedged ETF
JPEH JPMorgan Diversified Return International
Currency Hedged ETF JPIH JPMorgan
Diversified Return U.S. Mid Cap Equity ETF JPME
1. When compared to the number of NTF mutual funds Scottrade, TD
Ameritrade, Fidelity, and Charles Schwab offered, as stated on
their public sites as of February 23, 2017.
To learn more about E*TRADE’s complete suite of products and
offerings, visit etrade.com. For useful trading and investing
insight from E*TRADE, follow the company on Twitter, @ETRADE.
The fund's prospectus contains its investment objectives,
risks, charges, expenses, and other important information and
should be read and considered carefully before investing. For a
current prospectus, visit etrade.com/mutualfunds or
visit the Exchange-Traded Funds Center at
etrade.com/etf.
About E*TRADE’s Commission-Free ETF Program
Customers can buy and sell the exchange-traded funds (ETFs)
available through the E*TRADE Securities Commission-Free ETF
Program without paying brokerage commissions. To discourage
short-term trading, E*TRADE Securities may charge a short-term
trading fee on sales of participating ETFs held for less than 30
days.
About E*TRADE’s no-load, no-transaction-fee mutual fund
program
You can invest in the mutual funds available through E*TRADE
Securities' no-load, no-transaction-fee program without paying
loads, transaction fees, or commissions. To discourage short-term
trading, E*TRADE Securities will charge an Early Redemption Fee of
$49.99 on redemptions or exchanges of no-load, no-transaction-fee
funds that are held for less than 90 days. Direxion funds (other
than the Indexed Commodity Strategy Fund DXCTX), ProFunds, Rydex
mutual funds, and all money market funds are not subject to the
Early Redemption Fee. All fees and expenses as described in the
fund's prospectus still apply. Please read the fund's prospectus
carefully before investing.
About E*TRADE Financial
E*TRADE Financial and its subsidiaries provide financial
services including online brokerage and banking products and
services to retail customers. Securities products and services,
including mutual funds and ETFs, are offered by E*TRADE Securities
(Member FINRA/SIPC). Bank products and services are offered by
E*TRADE Bank, a Federal savings bank, Member FDIC, or its
subsidiaries and affiliates. More information is available at
www.etrade.com. ETFC-G
Important Notices
E*TRADE Financial, E*TRADE and the E*TRADE logo are trademarks
or registered trademarks of E*TRADE Financial Corporation.
© 2017 E*TRADE Financial Corporation. All rights reserved.
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