ALPS has added four of its funds to Schwab ETF OneSource, Charles Schwab’s commission-free exchange-traded funds programme.
Schwab clients can now buy and sell the ETFs with USD0 online trade commissions and no early redemption fees or hidden costs.
The ALPS ETFs added to the roster of ETF offerings on the Schwab platform are:
• ALPS Sector Dividend Dogs ETF
• ALPS International Sector Dividend Dogs ETF
• ALPS Emerging Sector Dividend Dogs ETF and
• Alerian Energy Infrastructure ETF
“Our ETF line-up is designed to provide investors with exposure to alternative sources of income and total return,” says Tom Carter, president of ALPS Advisors. “We’re pleased to now be able to offer these solutions to all Schwab customers without commissions.”
Heather Fischer, vice president of ETF platform management at Charles Schwab, says: “Investors are looking across asset categories and index weightings for new ideas to build highly diversified portfolios in a cost-effective way. We’re very excited to be able to give clients who want to eliminate commission costs a choice of ETFs that are unrivalled in breadth and depth.”