Thematic ETF issuer, ETFMG (ETF Managers Group), has added four ETFs to the E*TRADE Commission-Free ETF Program as of 1 August, 2019.
The ETFMG fund lineup is comprised of 75 per cent first to market products that provide investors access to a diverse collection of global themes, and E*TRADE will allow investors to tap into a select group of these ETFs on a commission-free basis.
The four funds added to the program and available to investors commission-free are: the ETFMG Prime Cyber Security ETF (HACK); the ETFMG Video Game Tech ETF (GAMR); the ETFMG Drone Economy Strategy ETF (IFLY); and the BlueStar Israel Technology ETF (ITEQ).
“As ETFMG expands, our products continue to prove the power of the ETF wrapper and that thematic products can have a place in any investor’s portfolio,” says CEO of ETFMG Sam Masucci. “I’ve always been a believer in making our funds accessible for everyone, and what better place than E*TRADE to give investors that ability.”
“For many investors seeking opportunities that align with their interests, thematic ETFs can be particularly appealing,” says Rich Messina, SVP, Investment Product Management at E*TRADE. “With the addition of these four ETFMG ETFs to our Commission-Free ETF Program, we continue to offer a diverse range of investment choices making it even easier for our customers to participate in the market using investment solutions with lower barriers of entry.”