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Invesco PowerShares adds five ETFs to Schwab OneSource


Invesco PowerShares Capital Management has has added five exchange traded funds to Schwab ETF OneSource, which provides investors and advisors with access to the most commission-free ETFs in the industry. 

As of 1 February, 2015, Schwab clients can now buy and sell 24 PowerShares ETFs, with USD0 online commissions.

The newly-added ETFs are : 

• PowerShares DWA Developed Markets Momentum Portfolio (PIZ)
• PowerShares DWA Emerging Markets Momentum Portfolio (PIE)
• PowerShares DWA Momentum Portfolio (PDP)
• PowerShares DWA SmallCap Momentum Portfolio (DWAS) 
• PowerShares FTSE RAFI Asia Pacific ex-Japan Portfolio (PAF)

PowerShares was chosen as one of the original six providers selected by Schwab for the program's launch in February 2013, giving investors access to the most commission-free ETFs anywhere in the industry. PowerShares, on the Schwab ETF OneSource platform, currently offers a variety of ETFs including domestic and international equity, fixed income, and alternative investment offerings, now complemented by emerging markets, momentum and Asia Pacific ETFs.

"Our participation in the Schwab ETF OneSource program underscores our dedication to providing exchange traded products, spanning a wide range of offerings, that meet the financial needs of today's investor," says Bobby Brooks, National Sales Director at PowerShares. "As a pioneer and leading provider of ETFs, we remain committed to the Schwab program, and look forward to continued collaboration to offer cost effective and tax efficient investment solutions to individual investors and financial advisors."

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